# EDGAR Filing Document

**Accession Number:** 0000044402
**File Stem:** 0001752724-25-179860
**Filing Date:** 2025-7
**Character Count:** 303825
**Document Hash:** 678d49bbd78694c4848de9b9cc3baa1c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-179860.hdr.sgml**: 20250728

**ACCESSION NUMBER**: 0001752724-25-179860

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250728

**DATE AS OF CHANGE**: 20250728

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NEUBERGER BERMAN EQUITY FUNDS
- **CENTRAL INDEX KEY:** 0000044402

**ORGANIZATION NAME:**
- **EIN:** 136068441
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-00582
- **FILM NUMBER:** 251153563

**BUSINESS ADDRESS:**
- **STREET 1:** 1290 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10104
- **BUSINESS PHONE:** 2124768800

**MAIL ADDRESS:**
- **STREET 1:** 1290 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NEUBERGER & BERMAN EQUITY FUNDS
- **DATE OF NAME CHANGE:** 19931103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NEUBERGER & BERMAN GUARDIAN FUND INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GUARDIAN MUTUAL FUND INC
- **DATE OF NAME CHANGE:** 19890625

## Series and Classes Contracts Data

### Neuberger Berman Sustainable Equity Fund (Series ID: S000007847)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000021349 | Investor Class      | NBSRX           |
| C000021350 | Trust Class         | NBSTX           |
| C000027738 | Institutional Class | NBSLX           |
| C000077153 | Class C             | NRACX           |
| C000077155 | Class R3            | NRARX           |
| C000077156 | Class A             | NRAAX           |
| C000125072 | Class R6            | NRSRX           |
| C000244622 | Class E             |  |

## Nport-Ex

Schedule of Investments Dividend Growth Fund^ (Unaudited)

May 31, 2025

&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Common Stocks 98.0%** | **Common Stocks 98.0%** | **Common Stocks 98.0%** |
| **Aerospace & Defense 0.9%** | **Aerospace & Defense 0.9%** | **Aerospace & Defense 0.9%** |
| 7350 | RTX Corp. | &nbsp;&nbsp; **$1003128** |
| **Banks 4.3%** | **Banks 4.3%** | **Banks 4.3%** |
| 11650 | JPMorgan Chase & Co. | &nbsp;&nbsp; 3075600 |
| 8550 | &nbsp;&nbsp; PNC Financial Services Group, <br> Inc.<br>| &nbsp;&nbsp; 1486075 |
|  |  | &nbsp;&nbsp; **4561675** |
| **Capital Markets 7.7%** | **Capital Markets 7.7%** | **Capital Markets 7.7%** |
| 1275 | Blackrock, Inc. | &nbsp;&nbsp; 1249360 |
| 7700 | Cboe Global Markets, Inc. | &nbsp;&nbsp; 1764224 |
| 34400 | Charles Schwab Corp. | &nbsp;&nbsp; 3038896 |
| 16450 | Morgan Stanley | &nbsp;&nbsp; 2106093 |
|  |  | &nbsp;&nbsp; **8158573** |
| **Chemicals 1.1%** | **Chemicals 1.1%** | **Chemicals 1.1%** |
| 16915 | &nbsp;&nbsp; Novonesis (Novozymes) B <br> Class B<br>| &nbsp;&nbsp; **1191836** |
| **Commercial Services & Supplies 0.3%** | **Commercial Services & Supplies 0.3%** | **Commercial Services & Supplies 0.3%** |
| 2853 | Veralto Corp. | &nbsp;&nbsp; **288239** |
| **Consumer Finance 1.5%** | **Consumer Finance 1.5%** | **Consumer Finance 1.5%** |
| 5250 | American Express Co. | &nbsp;&nbsp; **1543763** |
| **Consumer Staples Distribution & Retail 2.5%** | **Consumer Staples Distribution & Retail 2.5%** | **Consumer Staples Distribution & Retail 2.5%** |
| 26275 | Walmart, Inc. | &nbsp;&nbsp; **2593868** |
| **Electric Utilities 0.8%** | **Electric Utilities 0.8%** | **Electric Utilities 0.8%** |
| 14350 | Alliant Energy Corp. | &nbsp;&nbsp; **893001** |
| **Electrical Equipment 8.3%** | **Electrical Equipment 8.3%** | **Electrical Equipment 8.3%** |
| 89650 | Siemens Energy AG<sup>\*</sup> | &nbsp;&nbsp; **8703310** |
| **Electronic Equipment, Instruments & Components 4.5%** | **Electronic Equipment, Instruments & Components 4.5%** | **Electronic Equipment, Instruments & Components 4.5%** |
| 53000 | Amphenol Corp. Class A | &nbsp;&nbsp; **4766290** |
| **Entertainment 4.7%** | **Entertainment 4.7%** | **Entertainment 4.7%** |
| 21550 | Electronic Arts, Inc. | &nbsp;&nbsp; 3098459 |
| 16375 | Walt Disney Co. | &nbsp;&nbsp; 1851030 |
|  |  | &nbsp;&nbsp; **4949489** |
| **Financial Services 0.8%** | **Financial Services 0.8%** | **Financial Services 0.8%** |
| 16850 | Equitable Holdings, Inc. | &nbsp;&nbsp; **890860** |
| **Food Products 3.9%** | **Food Products 3.9%** | **Food Products 3.9%** |
| 15075 | McCormick & Co., Inc. | &nbsp;&nbsp; 1096405 |
| 1285 | McCormick & Co., Inc. | &nbsp;&nbsp; 92960 |
| 20150 | &nbsp;&nbsp; Mondelez International, Inc. <br> Class A<br>| &nbsp;&nbsp; 1359923 |
| 43522 | Tootsie Roll Industries, Inc. | &nbsp;&nbsp; 1551559 |
|  |  | &nbsp;&nbsp; **4100847** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Gas Utilities 0.5%** | **Gas Utilities 0.5%** | **Gas Utilities 0.5%** |
| 6665 | Southwest Gas Holdings, Inc. | &nbsp;&nbsp; **$478747** |
| **Ground Transportation 1.3%** | **Ground Transportation 1.3%** | **Ground Transportation 1.3%** |
| 42425 | CSX Corp. | &nbsp;&nbsp; **1340206** |
| **Health Care Equipment & Supplies 1.8%** | **Health Care Equipment & Supplies 1.8%** | **Health Care Equipment & Supplies 1.8%** |
| 4150 | Becton Dickinson & Co. | &nbsp;&nbsp; 716249 |
| 14490 | Medtronic PLC | &nbsp;&nbsp; 1202380 |
|  |  | &nbsp;&nbsp; **1918629** |
| **Hotels, Restaurants & Leisure 1.5%** | **Hotels, Restaurants & Leisure 1.5%** | **Hotels, Restaurants & Leisure 1.5%** |
| 5200 | McDonald's Corp. | &nbsp;&nbsp; **1632020** |
| **Industrial Conglomerates 1.8%** | **Industrial Conglomerates 1.8%** | **Industrial Conglomerates 1.8%** |
| 8200 | Honeywell International, Inc. | &nbsp;&nbsp; **1858694** |
| **Industrial REITs 1.7%** | **Industrial REITs 1.7%** | **Industrial REITs 1.7%** |
| 30955 | Terreno Realty Corp. | &nbsp;&nbsp; **1746481** |
| **Insurance 2.1%** | **Insurance 2.1%** | **Insurance 2.1%** |
| 5175 | Aon PLC Class A | &nbsp;&nbsp; 1925514 |
| 3150 | Unum Group | &nbsp;&nbsp; 257386 |
|  |  | &nbsp;&nbsp; **2182900** |
| **Life Sciences Tools & Services 3.4%** | **Life Sciences Tools & Services 3.4%** | **Life Sciences Tools & Services 3.4%** |
| 13535 | Agilent Technologies, Inc. | &nbsp;&nbsp; 1514837 |
| 10910 | Danaher Corp. | &nbsp;&nbsp; 2071809 |
|  |  | &nbsp;&nbsp; **3586646** |
| **Machinery 0.3%** | **Machinery 0.3%** | **Machinery 0.3%** |
| 1289 | Nordson Corp. | &nbsp;&nbsp; **273255** |
| **Metals & Mining 3.6%** | **Metals & Mining 3.6%** | **Metals & Mining 3.6%** |
| 29125 | Freeport-McMoRan, Inc. | &nbsp;&nbsp; 1120730 |
| 30400 | Wheaton Precious Metals Corp. | &nbsp;&nbsp; 2637200 |
|  |  | &nbsp;&nbsp; **3757930** |
| **Multi-Utilities 0.7%** | **Multi-Utilities 0.7%** | **Multi-Utilities 0.7%** |
| 8920 | &nbsp;&nbsp; Public Service Enterprise Group, <br> Inc.<br>| &nbsp;&nbsp; **722788** |
| **Oil, Gas & Consumable Fuels 3.5%** | **Oil, Gas & Consumable Fuels 3.5%** | **Oil, Gas & Consumable Fuels 3.5%** |
| 36500 | Devon Energy Corp. | &nbsp;&nbsp; 1104490 |
| 7975 | EOG Resources, Inc. | &nbsp;&nbsp; 865846 |
| 5250 | Expand Energy Corp. | &nbsp;&nbsp; 609683 |
| 13894 | Shell PLC | &nbsp;&nbsp; 458548 |
| 10075 | Shell PLC ADR | &nbsp;&nbsp; 667166 |
|  |  | &nbsp;&nbsp; **3705733** |
| **Pharmaceuticals 4.1%** | **Pharmaceuticals 4.1%** | **Pharmaceuticals 4.1%** |
| 35885 | AstraZeneca PLC ADR | &nbsp;&nbsp; 2613504 |
| 2295 | Eli Lilly & Co. | &nbsp;&nbsp; 1692953 |
|  |  | &nbsp;&nbsp; **4306457** |

---

See Notes to Schedule of Investments

------

Schedule of Investments Dividend Growth Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Professional Services 1.3%** | **Professional Services 1.3%** | **Professional Services 1.3%** |
| 4300 | Automatic Data Processing, Inc. | &nbsp;&nbsp; **$1399779** |
| **Semiconductors & Semiconductor Equipment 10.2%** | **Semiconductors & Semiconductor Equipment 10.2%** | **Semiconductors & Semiconductor Equipment 10.2%** |
| 15675 | Analog Devices, Inc. | &nbsp;&nbsp; 3354137 |
| 18280 | Applied Materials, Inc. | &nbsp;&nbsp; 2865390 |
| 2560 | Broadcom, Inc. | &nbsp;&nbsp; 619699 |
| 11050 | QUALCOMM, Inc. | &nbsp;&nbsp; 1604460 |
| 16355 | Universal Display Corp. | &nbsp;&nbsp; 2344489 |
|  |  | &nbsp;&nbsp; **10788175** |
| **Software 7.0%** | **Software 7.0%** | **Software 7.0%** |
| 2370 | Intuit, Inc. | &nbsp;&nbsp; 1785724 |
| 9675 | Microsoft Corp. | &nbsp;&nbsp; 4453983 |
| 4325 | Salesforce, Inc. | &nbsp;&nbsp; 1147725 |
|  |  | &nbsp;&nbsp; **7387432** |
| **Specialized REITs 1.2%** | **Specialized REITs 1.2%** | **Specialized REITs 1.2%** |
| 44660 | Millrose Properties, Inc. Class A | &nbsp;&nbsp; **1244674** |
| **Specialty Retail 2.5%** | **Specialty Retail 2.5%** | **Specialty Retail 2.5%** |
| 21100 | TJX Cos., Inc. | &nbsp;&nbsp; **2677590** |
| **Technology Hardware, Storage & Peripherals 2.7%** | **Technology Hardware, Storage & Peripherals 2.7%** | **Technology Hardware, Storage & Peripherals 2.7%** |
| 14250 | Apple, Inc. | &nbsp;&nbsp; **2862112** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Textiles, Apparel & Luxury Goods 3.4%** | **Textiles, Apparel & Luxury Goods 3.4%** | **Textiles, Apparel & Luxury Goods 3.4%** |
| 16565 | &nbsp;&nbsp; Cie Financiere Richemont SA <br> Class A<br>| &nbsp;&nbsp; $3116756 |
| 7695 | NIKE, Inc. Class B | &nbsp;&nbsp; 466240 |
|  |  | &nbsp;&nbsp; **3582996** |
| **Wireless Telecommunication Services 2.1%** | **Wireless Telecommunication Services 2.1%** | **Wireless Telecommunication Services 2.1%** |
| 9325 | T-Mobile U.S., Inc. | &nbsp;&nbsp; **2258515** |
| **Total Common Stocks (Cost $60,013,292)** | **Total Common Stocks (Cost $60,013,292)** | &nbsp;&nbsp; **103356638** |
| **Short-Term Investments 1.9%** | **Short-Term Investments 1.9%** | **Short-Term Investments 1.9%** |
| **Investment Companies 1.9%** | **Investment Companies 1.9%** | **Investment Companies 1.9%** |
| 1981980 | &nbsp;&nbsp; State Street Institutional <br> Treasury Money Market Fund <br> Premier Class, 4.22%<sup>(a)</sup> <br>**(Cost $1,981,980)**<br>| &nbsp;&nbsp; **1981980** |
| **Total Investments 99.9%** <br> **(Cost $61,995,272)** | **Total Investments 99.9%** <br> **(Cost $61,995,272)** | &nbsp;&nbsp; **105338618** |
| Other Assets Less Liabilities 0.1% | Other Assets Less Liabilities 0.1% | &nbsp;&nbsp; 57061 |
| **Net Assets 100.0%** | **Net Assets 100.0%** | &nbsp;&nbsp; **$105395679** |

---

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

\* Non-income producing security. <br> (a) Represents 7-day effective yield as of May 31, 2025.

See Notes to Schedule of Investments

------

Schedule of Investments Dividend Growth Fund^ (Unaudited) (cont'd)

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

---

| | | |
|:---|:---|:---|
| **POSITIONS BY COUNTRY** | **POSITIONS BY COUNTRY** | **POSITIONS BY COUNTRY** |
| **Country** | **Investments at** <br>**Value**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Percentage of** <br>**Net Assets**<br>|
| United States | $85094032 | 80.7% |
| Germany | 8703310 | 8.3% |
| Switzerland | 3116756 | 2.9% |
| Brazil | 2637200 | 2.5% |
| United Kingdom | 2613504 | 2.5% |
| Denmark | 1191836 | 1.1% |
| Short-Term Investments and Other Assets—Net | 2039041 | 2.0% |
|  | **$105395679** | **100.0%** |

---

See Notes to Schedule of Investments

------

Schedule of Investments Dividend Growth Fund^ (Unaudited) (cont'd)

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Investments: |  |  |  |  |
| Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Chemicals | $— | $1191836 | $— | $1191836 |
| &nbsp;&nbsp;&nbsp; Other Common Stocks<sup>#</sup> <br>| 102164802 |  |  | 102164802 |
| Total Common Stocks | 102164802 | 1191836 |  | 103356638 |
| Short-Term Investments |  | 1981980 |  | 1981980 |
| **Total Investments** | **$102164802** | **$3173816** | **$—** | **$105338618** |

---

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

# The Schedule of Investments provides information on the industry or sector categorization as well as a Positions by Country summary.

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Schedule of Investments

------

Schedule of Investments Emerging Markets Equity Fund^ (Unaudited)

May 31, 2025

&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Common Stocks 94.4%** | **Common Stocks 94.4%** | **Common Stocks 94.4%** |
| **Argentina 0.5%** | **Argentina 0.5%** | **Argentina 0.5%** |
| 15435 | &nbsp;&nbsp; Grupo Financiero Galicia SA <br> ADR<sup>\*</sup><br>| &nbsp;&nbsp; **$896002** |
| **Australia 1.1%** | **Australia 1.1%** | **Australia 1.1%** |
| 34306 | Rio Tinto PLC | &nbsp;&nbsp; **2034700** |
| **Brazil 5.1%** | **Brazil 5.1%** | **Brazil 5.1%** |
| 330788 | Banco BTG Pactual SA<sup>(a)</sup> | &nbsp;&nbsp; 2287379 |
| 115546 | &nbsp;&nbsp; Cia de Saneamento Basico do <br> Estado de Sao Paulo SABESP<br>| &nbsp;&nbsp; 2371324 |
| 157934 | Embraer SA | &nbsp;&nbsp; 1808392 |
| 826 | MercadoLibre, Inc.<sup>\*</sup> | &nbsp;&nbsp; 2117278 |
| 220183 | &nbsp;&nbsp; Petroleo Brasileiro SA - <br> Petrobras<br>| &nbsp;&nbsp; 1189554 |
|  |  | &nbsp;&nbsp; **9773927** |
| **China 25.1%** | **China 25.1%** | **China 25.1%** |
| 397836 | Alibaba Group Holding Ltd. | &nbsp;&nbsp; 5778975 |
| 90900 | Bloks Group Ltd.<sup>\*</sup> | &nbsp;&nbsp; 1777170 |
| 43500 | BYD Co. Ltd. Class H | &nbsp;&nbsp; 2179133 |
| 3446000 | &nbsp;&nbsp; China Construction Bank Corp. <br> Class H<br>| &nbsp;&nbsp; 3093933 |
| 411500 | &nbsp;&nbsp; China Merchants Bank Co. Ltd. <br> Class H<br>| &nbsp;&nbsp; 2566266 |
| 46336 | &nbsp;&nbsp; Contemporary Amperex <br> Technology Co. Ltd. Class A<br>| &nbsp;&nbsp; 1607706 |
| 51500 | &nbsp;&nbsp; Eastroc Beverage Group Co. <br> Ltd. Class A<br>| &nbsp;&nbsp; 2287205 |
| 94250 | JD.com, Inc. Class A | &nbsp;&nbsp; 1549378 |
| 59000 | &nbsp;&nbsp; Jiangsu Hengrui <br> Pharmaceuticals Co. Ltd.<sup>\*</sup><br>| &nbsp;&nbsp; 436418 |
| 109000 | Meituan Class B<sup>\*(b)</sup> | &nbsp;&nbsp; 1918353 |
| 21300 | &nbsp;&nbsp; NAURA Technology Group Co. <br> Ltd. Class A<br>| &nbsp;&nbsp; 1237329 |
| 17847 | NetEase, Inc. ADR | &nbsp;&nbsp; 2173051 |
| 21836 | PDD Holdings, Inc. ADR<sup>\*</sup> | &nbsp;&nbsp; 2107393 |
| 223000 | &nbsp;&nbsp; Ping An Insurance Group Co. of <br> China Ltd. Class H<br>| &nbsp;&nbsp; 1312501 |
| 212150 | Sieyuan Electric Co. Ltd. Class A | &nbsp;&nbsp; 2120823 |
| 171300 | Tencent Holdings Ltd. | &nbsp;&nbsp; 10883889 |
| 369400 | Xiaomi Corp. Class B<sup>\*(b)</sup> | &nbsp;&nbsp; 2400292 |
| 25108 | Yum China Holdings, Inc. | &nbsp;&nbsp; 1095964 |
| 306008 | &nbsp;&nbsp; Zhejiang Shuanghuan Driveline <br> Co. Ltd. Class A<br>| &nbsp;&nbsp; 1351815 |
|  |  | &nbsp;&nbsp; **47877594** |
| **Greece 1.4%** | **Greece 1.4%** | **Greece 1.4%** |
| 826674 | Alpha Services & Holdings SA | &nbsp;&nbsp; **2656371** |
| **Hungary 1.8%** | **Hungary 1.8%** | **Hungary 1.8%** |
| 24227 | OTP Bank Nyrt | &nbsp;&nbsp; 1837422 |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Hungary – cont'd** | **Hungary – cont'd** | **Hungary – cont'd** |
| 54673 | Richter Gedeon Nyrt | &nbsp;&nbsp; $1590671 |
|  |  | &nbsp;&nbsp; **3428093** |
| **India 22.6%** | **India 22.6%** | **India 22.6%** |
| 13267 | Apollo Hospitals Enterprise Ltd. | &nbsp;&nbsp; 1067561 |
| 330483 | ASK Automotive Ltd. | &nbsp;&nbsp; 1737860 |
| 86360 | AurionPro Solutions Ltd. | &nbsp;&nbsp; 1342200 |
| 82330 | Bajaj Finserv Ltd. | &nbsp;&nbsp; 1935224 |
| 288600 | Bharat Electronics Ltd. | &nbsp;&nbsp; 1299079 |
| 57344 | Bharti Airtel Ltd. | &nbsp;&nbsp; 1246189 |
| 127171 | &nbsp;&nbsp; CG Power & Industrial Solutions <br> Ltd.<br>| &nbsp;&nbsp; 1014990 |
| 74532 | &nbsp;&nbsp; Cholamandalam Investment & <br> Finance Co. Ltd.<br>| &nbsp;&nbsp; 1391351 |
| 46103 | Data Patterns India Ltd. | &nbsp;&nbsp; 1531649 |
| 7570 | Dixon Technologies India Ltd.<sup>(b)</sup> | &nbsp;&nbsp; 1298599 |
| 30518 | Doms Industries Ltd. | &nbsp;&nbsp; 873726 |
| 42690 | HDFC Bank Ltd.<sup>\*</sup> | &nbsp;&nbsp; 968538 |
| 117641 | &nbsp;&nbsp; Home First Finance Co. India <br> Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp; 1750009 |
| 139366 | ICICI Bank Ltd. | &nbsp;&nbsp; 2355094 |
| 89917 | &nbsp;&nbsp; JB Chemicals & Pharmaceuticals <br> Ltd.<br>| &nbsp;&nbsp; 1769445 |
| 114564 | Jyoti CNC Automation Ltd.<sup>\*(b)</sup> | &nbsp;&nbsp; 1730609 |
| 82186 | Kfin Technologies Ltd. | &nbsp;&nbsp; 1032907 |
| 48777 | Mahindra & Mahindra Ltd. | &nbsp;&nbsp; 1693444 |
| 74696 | Netweb Technologies India Ltd. | &nbsp;&nbsp; 1744347 |
| 188952 | PDS Ltd. | &nbsp;&nbsp; 971753 |
| 8054 | Pine Labs PTE Ltd.<sup>\*#(c)(d)</sup> | &nbsp;&nbsp; 2325915 |
| 163600 | PNB Housing Finance Ltd.<sup>\*(b)</sup> | &nbsp;&nbsp; 1998186 |
| 76390 | Reliance Industries Ltd. | &nbsp;&nbsp; 1265713 |
| 1575183 | SpiceJet Ltd.<sup>\*</sup> | &nbsp;&nbsp; 831078 |
| 33624 | &nbsp;&nbsp; Sun Pharmaceutical Industries <br> Ltd.<br>| &nbsp;&nbsp; 658099 |
| 40048 | TVS Motor Co. Ltd. | &nbsp;&nbsp; 1310364 |
| 92007 | Venus Pipes & Tubes Ltd.<sup>(b)</sup> | &nbsp;&nbsp; 1532644 |
| 11445 | Voltamp Transformers Ltd. | &nbsp;&nbsp; 1104177 |
| 134905 | XPRO India Ltd. | &nbsp;&nbsp; 1836568 |
| 61560 | Yasho Industries Ltd. | &nbsp;&nbsp; 1417157 |
|  |  | &nbsp;&nbsp; **43034475** |
| **Korea 9.1%** | **Korea 9.1%** | **Korea 9.1%** |
| 6698 | Cosmax, Inc. | &nbsp;&nbsp; 1019482 |
| 2001 | Hanwha Aerospace Co. Ltd. | &nbsp;&nbsp; 1176206 |
| 4717 | HD Hyundai Electric Co. Ltd. | &nbsp;&nbsp; 1295748 |
| 9864 | &nbsp;&nbsp; HD Korea Shipbuilding & <br> Offshore Engineering Co. Ltd.<br>| &nbsp;&nbsp; 2262779 |
| 34543 | Kia Corp. | &nbsp;&nbsp; 2238272 |
| 110311 | Samsung Electronics Co. Ltd. | &nbsp;&nbsp; 4493352 |
| 33929 | Sanil Electric Co. Ltd. | &nbsp;&nbsp; 1647636 |
| 21179 | SK Hynix, Inc. | &nbsp;&nbsp; 3139165 |
|  |  | &nbsp;&nbsp; **17272640** |

---

See Notes to Schedule of Investments

------

Schedule of Investments Emerging Markets Equity Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Luxembourg 0.2%** | **Luxembourg 0.2%** | **Luxembourg 0.2%** |
| 77525 | Zabka Group SA<sup>\*</sup> | &nbsp;&nbsp; **$468292** |
| **Mexico 2.0%** | **Mexico 2.0%** | **Mexico 2.0%** |
| 961967 | FIBRA Macquarie Mexico<sup>(b)</sup> | &nbsp;&nbsp; 1578645 |
| 258911 | &nbsp;&nbsp; Grupo Financiero Banorte SAB <br> de CV Class O<br>| &nbsp;&nbsp; 2296240 |
|  |  | &nbsp;&nbsp; **3874885** |
| **Peru 1.0%** | **Peru 1.0%** | **Peru 1.0%** |
| 8755 | Credicorp Ltd. | &nbsp;&nbsp; **1854396** |
| **Philippines 1.0%** | **Philippines 1.0%** | **Philippines 1.0%** |
| 683959 | BDO Unibank, Inc. | &nbsp;&nbsp; **1973607** |
| **Poland 0.7%** | **Poland 0.7%** | **Poland 0.7%** |
| 27560 | Bank Polska Kasa Opieki SA | &nbsp;&nbsp; **1356997** |
| **Saudi Arabia 1.4%** | **Saudi Arabia 1.4%** | **Saudi Arabia 1.4%** |
| 108902 | Al Rajhi Bank | &nbsp;&nbsp; **2641539** |
| **South Africa 2.0%** | **South Africa 2.0%** | **South Africa 2.0%** |
| 75161 | Bid Corp. Ltd. | &nbsp;&nbsp; 1990863 |
| 138338 | Standard Bank Group Ltd. | &nbsp;&nbsp; 1794297 |
|  |  | &nbsp;&nbsp; **3785160** |
| **Taiwan 14.6%** | **Taiwan 14.6%** | **Taiwan 14.6%** |
| 143000 | Acter Group Corp. Ltd. | &nbsp;&nbsp; 1794218 |
| 76000 | Delta Electronics, Inc. | &nbsp;&nbsp; 933917 |
| 650000 | &nbsp;&nbsp; Far EasTone Telecommunications <br> Co. Ltd.<br>| &nbsp;&nbsp; 1866514 |
| 303000 | &nbsp;&nbsp; Hon Hai Precision Industry Co. <br> Ltd.<br>| &nbsp;&nbsp; 1543069 |
| 54000 | MediaTek, Inc. | &nbsp;&nbsp; 2217164 |
| 608839 | &nbsp;&nbsp; Taiwan Semiconductor <br> Manufacturing Co. Ltd.<br>| &nbsp;&nbsp; 19418318 |
|  |  | &nbsp;&nbsp; **27773200** |
| **United Arab Emirates 2.1%** | **United Arab Emirates 2.1%** | **United Arab Emirates 2.1%** |
| 412194 | Abu Dhabi Islamic Bank PJSC | &nbsp;&nbsp; 2152431 |
| 2064950 | Adnoc Gas PLC | &nbsp;&nbsp; 1844007 |
|  |  | &nbsp;&nbsp; **3996438** |
| **United States 2.2%** | **United States 2.2%** | **United States 2.2%** |
| 8907 | Broadcom, Inc. | &nbsp;&nbsp; 2156117 |
| 14804 | NVIDIA Corp. | &nbsp;&nbsp; 2000465 |
|  |  | &nbsp;&nbsp; **4156582** |
| **Vietnam 0.5%** | **Vietnam 0.5%** | **Vietnam 0.5%** |
| 760500 | &nbsp;&nbsp; Vietnam Technological & <br> Commercial Joint Stock Bank<sup>\*</sup><br>| &nbsp;&nbsp; **889124** |
| **Total Common Stocks** <br>**(Cost $140,495,914)** | **Total Common Stocks** <br>**(Cost $140,495,914)** | &nbsp;&nbsp; **179744022** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Preferred Stocks 4.7%** | **Preferred Stocks 4.7%** | **Preferred Stocks 4.7%** |
| **India 4.7%** | **India 4.7%** | **India 4.7%** |
| 217973 | Gupshup, Inc., Series F<sup>\*#(c)(d)</sup> | &nbsp;&nbsp; $3559499 |
| 5792 | &nbsp;&nbsp; Pine Labs PTE Ltd., <br> Series 1<sup>\*#(c)(d)</sup><br>| &nbsp;&nbsp; 1672672 |
| 2439 | &nbsp;&nbsp; Pine Labs PTE Ltd., <br> Series A<sup>\*#(c)(d)</sup><br>| &nbsp;&nbsp; 704408 |
| 2654 | &nbsp;&nbsp; Pine Labs PTE Ltd., <br> Series B<sup>\*#(c)(d)</sup><br>| &nbsp;&nbsp; 766528 |
| 2147 | &nbsp;&nbsp; Pine Labs PTE Ltd., <br> Series B2<sup>\*#(c)(d)</sup><br>| &nbsp;&nbsp; 620204 |
| 3993 | &nbsp;&nbsp; Pine Labs PTE Ltd., <br> Series C<sup>\*#(c)(d)</sup><br>| &nbsp;&nbsp; 1154057 |
| 841 | &nbsp;&nbsp; Pine Labs PTE Ltd., <br> Series C1<sup>\*#(c)(d)</sup><br>| &nbsp;&nbsp; 244823 |
| 900 | &nbsp;&nbsp; Pine Labs PTE Ltd., <br> Series D<sup>\*#(c)(d)</sup><br>| &nbsp;&nbsp; 263502 |
| **Total Preferred Stocks** <br>**(Cost $11,995,011)** | **Total Preferred Stocks** <br>**(Cost $11,995,011)** | &nbsp;&nbsp; **8985693** |
| **Participatory Notes 0.6%** | **Participatory Notes 0.6%** | **Participatory Notes 0.6%** |
| **India 0.6%** | **India 0.6%** | **India 0.6%** |
| 115499 | &nbsp;&nbsp; Hexaware Technologies Ltd. <br> (issuer JP Morgan Structured <br> Products), Expires <br> 2/27/26<sup>\*(d)</sup>**(Cost$944,357)**<br>| &nbsp;&nbsp; **1157352** |
| **Rights 0.0%**<sup>‡</sup> | **Rights 0.0%**<sup>‡</sup> | **Rights 0.0%**<sup>‡</sup> |
| **Korea 0.0%**<sup>‡</sup> | **Korea 0.0%**<sup>‡</sup> | **Korea 0.0%**<sup>‡</sup> |
| 144 | &nbsp;&nbsp; Hanwha Aerospace Co. Ltd.<sup>\*(d)</sup> <br>**(Cost $0)**<br>| &nbsp;&nbsp; **13255** |
| **Short-Term Investments 1.1%** | **Short-Term Investments 1.1%** | **Short-Term Investments 1.1%** |
| **Investment Companies 1.1%** | **Investment Companies 1.1%** | **Investment Companies 1.1%** |
| 2023814 | &nbsp;&nbsp; State Street Institutional <br> Treasury Money Market Fund <br> Premier Class, 4.22%<sup>(e)</sup> <br>**(Cost $2,023,814)**<br>| &nbsp;&nbsp; **2023814** |
| **Total Investments 100.8%** <br> **(Cost $155,459,096)** | **Total Investments 100.8%** <br> **(Cost $155,459,096)** | &nbsp;&nbsp; **191924136** |
| Liabilities Less Other Assets (0.8)% | Liabilities Less Other Assets (0.8)% | &nbsp;&nbsp; (1460256)<br>|
| **Net Assets 100.0%** | **Net Assets 100.0%** | &nbsp;&nbsp; **$190463880** |

---

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

---

| | |
|:---|:---|
| ‡ | Represents less than 0.05% of net assets of the Fund. |
| \* | Non-income producing security. |

---

See Notes to Schedule of Investments

------

Schedule of Investments Emerging Markets Equity Fund^ (Unaudited) (cont'd)

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Security represented in Units.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Security exempt from registration pursuant to Regulation S under the Securities Act
 of 1933, as amended. Regulation S applies to securities offerings that are made outside of the United States
 and do not involve directed selling efforts in the United States and as such may have restrictions on
 resale. Total value of all such securities at May 31, 2025 amounted to $14,207,337, which represents 7.5% of
 net assets of the Fund.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Value determined using significant unobservable inputs.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Security fair valued as of May 31, 2025 in accordance with procedures approved by
 the valuation designee. Total value of all such securities at May 31, 2025 amounted to $12,482,215, which
 represents 6.6% of net assets of the Fund.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Represents 7-day effective yield as of May 31, 2025.

See Notes to Schedule of Investments

------

Schedule of Investments Emerging Markets Equity Fund^ (Unaudited) (cont'd)

# This security is subject to restrictions on resale. Total value of all such securities at May 31, 2025 amounted to $11,311,608, which represents 5.9% of net assets of the Fund. Acquisition dates shown with a range, if any, represent securities that were acquired over the period shown in the table.

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Restricted Security** | **Acquisition** <br>**Date(s)**<br>| **Acquisition** <br>**Cost**<br>| **Value as of** <br>**5/31/2025**<br>| **Fair Value** <br>**Percentage** <br>**of Net Assets** <br>**as of** <br>**5/31/2025**<br>|
| Gupshup, Inc. (Series F Preferred Shares) | 7/16/2021 | &nbsp;&nbsp; $4983996 | &nbsp;&nbsp; $3559499 | &nbsp;&nbsp; 1.9% |
| Pine Labs PTE Ltd. | 7/6/2021-2/18/2025 | &nbsp;&nbsp; 3006045 | &nbsp;&nbsp; 2325915 | &nbsp;&nbsp; 1.2% |
| Pine Labs PTE Ltd. (Series 1 Preferred Shares) | 7/6/2021 | &nbsp;&nbsp; 2163903 | &nbsp;&nbsp; 1672672 | &nbsp;&nbsp; 0.9% |
| Pine Labs PTE Ltd. (Series A Preferred Shares) | 7/6/2021 | &nbsp;&nbsp; 911215 | &nbsp;&nbsp; 704408 | &nbsp;&nbsp; 0.4% |
| Pine Labs PTE Ltd. (Series B Preferred Shares) | 7/6/2021 | &nbsp;&nbsp; 991540 | &nbsp;&nbsp; 766528 | &nbsp;&nbsp; 0.4% |
| Pine Labs PTE Ltd. (Series B2 Preferred Shares) | 7/6/2021 | &nbsp;&nbsp; 802123 | &nbsp;&nbsp; 620204 | &nbsp;&nbsp; 0.3% |
| Pine Labs PTE Ltd. (Series C Preferred Shares) | 7/6/2021 | &nbsp;&nbsp; 1491793 | &nbsp;&nbsp; 1154057 | &nbsp;&nbsp; 0.6% |
| Pine Labs PTE Ltd. (Series C1 Preferred Shares) | 7/6/2021 | &nbsp;&nbsp; 314199 | &nbsp;&nbsp; 244823 | &nbsp;&nbsp; 0.1% |
| Pine Labs PTE Ltd. (Series D Preferred Shares) | 7/6/2021 | &nbsp;&nbsp; 336242 | &nbsp;&nbsp; 263502 | &nbsp;&nbsp; 0.1% |
| **Total** |  | &nbsp;&nbsp; **$15001056** | &nbsp;&nbsp; **$11311608** | &nbsp;&nbsp; **5.9%** |

---

See Notes to Schedule of Investments

------

Schedule of Investments Emerging Markets Equity Fund^ (Unaudited) (cont'd)

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

---

| | | |
|:---|:---|:---|
| **POSITIONS BY INDUSTRY** | **POSITIONS BY INDUSTRY** | **POSITIONS BY INDUSTRY** |
| **Industry** | **Investments at** <br>**Value**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Percentage of** <br>**Net Assets**<br>|
| Semiconductors & Semiconductor Equipment | &nbsp;&nbsp; $30168558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15.8<br> %<br>|
| Banks | &nbsp;&nbsp; 29332257 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15.4<br> %<br>|
| IT Services | &nbsp;&nbsp; 12468960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.6<br> %<br>|
| Broadline Retail | &nbsp;&nbsp; 11553024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.1<br> %<br>|
| Interactive Media & Services | &nbsp;&nbsp; 10883889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.7<br> %<br>|
| Electrical Equipment | &nbsp;&nbsp; 8791080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.6<br> %<br>|
| Technology Hardware, Storage & Peripherals | &nbsp;&nbsp; 8637991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.5<br> %<br>|
| Automobiles | &nbsp;&nbsp; 7421213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.9<br> %<br>|
| Aerospace & Defense | &nbsp;&nbsp; 5828581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.1<br> %<br>|
| Financial Services | &nbsp;&nbsp; 5683419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.0<br> %<br>|
| Pharmaceuticals | &nbsp;&nbsp; 4454633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.3<br> %<br>|
| Oil, Gas & Consumable Fuels | &nbsp;&nbsp; 4299274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.3<br> %<br>|
| Machinery | &nbsp;&nbsp; 3993388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.1<br> %<br>|
| Metals & Mining | &nbsp;&nbsp; 3567344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.9<br> %<br>|
| Capital Markets | &nbsp;&nbsp; 3320286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.8<br> %<br>|
| Chemicals | &nbsp;&nbsp; 3253725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.7<br> %<br>|
| Wireless Telecommunication Services | &nbsp;&nbsp; 3112703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.6<br> %<br>|
| Automobile Components | &nbsp;&nbsp; 3089675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.6<br> %<br>|
| Hotels, Restaurants & Leisure | &nbsp;&nbsp; 3014317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.6<br> %<br>|
| Electronic Equipment, Instruments & Components | &nbsp;&nbsp; 2476986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.3<br> %<br>|
| Consumer Staples Distribution & Retail | &nbsp;&nbsp; 2459155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.3<br> %<br>|
| Water Utilities | &nbsp;&nbsp; 2371324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.3<br> %<br>|
| Beverages | &nbsp;&nbsp; 2287205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.2<br> %<br>|
| Entertainment | &nbsp;&nbsp; 2173051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.1<br> %<br>|
| Construction & Engineering | &nbsp;&nbsp; 1794218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.9<br> %<br>|
| Leisure Products | &nbsp;&nbsp; 1777170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.9<br> %<br>|
| Industrial REITs | &nbsp;&nbsp; 1578645 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.8<br> %<br>|
| Consumer Finance | &nbsp;&nbsp; 1391351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.7<br> %<br>|
| Software | &nbsp;&nbsp; 1342200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.7<br> %<br>|
| Insurance | &nbsp;&nbsp; 1312501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.7<br> %<br>|
| Household Durables | &nbsp;&nbsp; 1298599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.7<br> %<br>|
| Health Care Providers & Services | &nbsp;&nbsp; 1067561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.6<br> %<br>|
| Personal Care Products | &nbsp;&nbsp; 1019482 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.5<br> %<br>|
| Textiles, Apparel & Luxury Goods | &nbsp;&nbsp; 971753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.5<br> %<br>|
| Commercial Services & Supplies | &nbsp;&nbsp; 873726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.5<br> %<br>|
| Passenger Airlines | &nbsp;&nbsp; 831078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.4<br> %<br>|
| Short-Term Investments and Other Liabilities—Net | &nbsp;&nbsp; 563558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.3<br> %<br>|
|  | &nbsp;&nbsp; **$190463880** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **100.0%**<br>|

---

See Notes to Schedule of Investments

------

Schedule of Investments Emerging Markets Equity Fund^ (Unaudited) (cont'd)

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3**<sup>(a)</sup> | **Total** |
| Investments: |  |  |  |  |
| Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp; India | $40708560 | $— | $2325915 | $43034475 |
| &nbsp;&nbsp;&nbsp; Saudi Arabia |  | 2641539 |  | 2641539 |
| &nbsp;&nbsp;&nbsp; Taiwan |  | 27773200 |  | 27773200 |
| &nbsp;&nbsp;&nbsp; Other Common Stocks<sup>#</sup> <br>| 106294808 |  |  | 106294808 |
| Total Common Stocks | 147003368 | 30414739 | 2325915 | 179744022 |
| Participatory Notes<sup>#</sup> <br>|  | 1157352 |  | 1157352 |
| Preferred Stocks<sup>#</sup> <br>|  |  | 8985693 | 8985693 |
| Rights<sup>#</sup> <br>|  | 13255 |  | 13255 |
| Short-Term Investments |  | 2023814 |  | 2023814 |
| **Total Investments** | **$147003368** | **$33609160** | **$11311608** | **$191924136** |

---

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

# The Schedule of Investments provides a geographic categorization as well as a Positions by Industry summary. 

(a) The following is a reconciliation between the beginning and ending balances of investments in which significant unobservable inputs (Level 3) were used in determining value: 

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

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **(000's** <br>**omitted)**<br>| **Beginning** <br>**balance as** <br>**of 9/1/2024**<br>| **Accrued** <br>**discounts/** <br>**(premiums)**<br>| **Realized** <br>**gain/(loss)**<br>| **Change** <br>**in unrealized** <br>**appreciation/** <br>**(depreciation)**<br>| **Purchases** | **Sales/** <br>**Other reductions**<br>| **Transfers** <br>**into** <br>**Level 3**<br>| **Transfers** <br>**out of** <br>**Level 3**<br>| **Balance** <br>**as of** <br>**5/31/2025**<br>| **Net change in** <br>**unrealized** <br>**appreciation/** <br>**(depreciation)** <br>**from** <br>**investments** <br>**still held as of** <br>**5/31/2025**<br>|
| **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** |
| Common <br> Stocks<sup>(1)</sup> <br>| $1179 | $— | $— | $(333)<br>| $1480 | $— | $— | $— | $2326 | $(333)<br>|
| Preferred <br> Stocks<sup>(1)</sup> <br>| 10132 |  | (3)<br>| 337 |  | (1480)<br>|  |  | 8986 | 337 |
| **Total** | **$11311** | **$—** | **$(3)**<br>| **$4** | **$1480** | **$(1480)**<br>| **$—** | **$—** | **$11312** | **$4** |

---

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: |
| **Investment type** | **Fair value** <br>**at** <br>**5/31/2025**<br>| &nbsp;&nbsp; **Valuation** <br>**approach**<br>| &nbsp;&nbsp; **Significant unobservable** <br>**input(s)**<br>| &nbsp;&nbsp; **Input value/** <br>**range**<br>| &nbsp;&nbsp; **Weighted** <br>**average**<sup>(a)</sup><br>| &nbsp;&nbsp; **Impact to** <br>**valuation** <br>**from** <br>**increase** <br>**in input**<sup>(b)</sup><br>|
| Common Stocks | $2325915 | Market Approach | &nbsp;&nbsp; Enterprise value/ <br>Revenue multiple<sup>(c)</sup> (EV/Revenue)<br>| 10.6x | 10.6x | Increase |
|  |  |  | Discount Rate | 4.3% | 4.3% | Decrease |
|  |  |  | Term (Years) | 1.4 | 1.4 | Decrease |
|  |  |  | Expected Volatility | 50.0% | 50.0% | Decrease |
| Preferred Stocks | 8985693 | Market Approach | &nbsp;&nbsp; Enterprise value/ <br>Revenue multiple<sup>(c)</sup> (EV/Revenue)<br>| 3.4x - 10.6x | 7.8x | Increase |
|  |  |  | Discount Rate | 4.3% | 4.3% | Decrease |
|  |  |  | Term (Years) | 1.4 | 1.4 | Decrease |
|  |  |  | Expected Volatility | 50.0% - 65.0% | 55.9% | Decrease |

---

See Notes to Schedule of Investments

------

Schedule of Investments Emerging Markets Equity Fund^ (Unaudited) (cont'd)

&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; (a) The weighted averages disclosed in the table above were weighted by relative fair value. |
| &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; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. |
| &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; (c) Represents amounts used when the reporting entity has determined that market participants <br> would use such multiples when pricing the investments. |

---

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

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Schedule of Investments

------

Schedule of Investments Equity Income Fund^ (Unaudited)

May 31, 2025

&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Common Stocks 99.7%** | **Common Stocks 99.7%** | **Common Stocks 99.7%** |
| **Aerospace & Defense 4.9%** | **Aerospace & Defense 4.9%** | **Aerospace & Defense 4.9%** |
| 820945 | BAE Systems PLC | &nbsp;&nbsp; $21032486 |
| 18970 | Lockheed Martin Corp. | &nbsp;&nbsp; 9150749 |
| 34140 | RTX Corp. | &nbsp;&nbsp; 4659427 |
| 1824000 | &nbsp;&nbsp; Singapore Technologies <br> Engineering Ltd.<br>| &nbsp;&nbsp; 11059259 |
|  |  | &nbsp;&nbsp; **45901921** |
| **Banks 7.0%** | **Banks 7.0%** | **Banks 7.0%** |
| 215125 | Bank of America Corp. | &nbsp;&nbsp; 9493466 |
| 105940 | JPMorgan Chase & Co.<sup>(a)</sup> | &nbsp;&nbsp; 27968160 |
| 364591 | Wells Fargo & Co. | &nbsp;&nbsp; 27264115 |
|  |  | &nbsp;&nbsp; **64725741** |
| **Beverages 2.4%** | **Beverages 2.4%** | **Beverages 2.4%** |
| 151960 | Coca-Cola Co. | &nbsp;&nbsp; 10956316 |
| 204180 | &nbsp;&nbsp; Molson Coors Beverage Co. <br> Class B<br>| &nbsp;&nbsp; 10942006 |
|  |  | &nbsp;&nbsp; **21898322** |
| **Capital Markets 4.2%** | **Capital Markets 4.2%** | **Capital Markets 4.2%** |
| 45510 | CME Group, Inc. | &nbsp;&nbsp; 13152390 |
| 16796 | Goldman Sachs Group, Inc. | &nbsp;&nbsp; 10085158 |
| 120286 | Morgan Stanley | &nbsp;&nbsp; 15400217 |
|  |  | &nbsp;&nbsp; **38637765** |
| **Construction & Engineering 3.4%** | **Construction & Engineering 3.4%** | **Construction & Engineering 3.4%** |
| 627000 | Ferrovial SE | &nbsp;&nbsp; **31922817** |
| **Construction Materials 3.5%** | **Construction Materials 3.5%** | **Construction Materials 3.5%** |
| 142450 | CRH PLC | &nbsp;&nbsp; 12985742 |
| 102230 | Heidelberg Materials AG | &nbsp;&nbsp; 20017490 |
|  |  | &nbsp;&nbsp; **33003232** |
| **Diversified Telecommunication Services 2.0%** | **Diversified Telecommunication Services 2.0%** | **Diversified Telecommunication Services 2.0%** |
| 6244000 | &nbsp;&nbsp; Singapore Telecommunications <br> Ltd.<br>| &nbsp;&nbsp; **18445156** |
| **Electric Utilities 1.0%** | **Electric Utilities 1.0%** | **Electric Utilities 1.0%** |
| 126100 | NextEra Energy, Inc. | &nbsp;&nbsp; **8907704** |
| **Electrical Equipment 3.2%** | **Electrical Equipment 3.2%** | **Electrical Equipment 3.2%** |
| 28100 | Eaton Corp. PLC | &nbsp;&nbsp; 8997620 |
| 171515 | Emerson Electric Co. | &nbsp;&nbsp; 20475461 |
|  |  | &nbsp;&nbsp; **29473081** |
| **Energy Equipment & Services 0.9%** | **Energy Equipment & Services 0.9%** | **Energy Equipment & Services 0.9%** |
| 333681 | Noble Corp. PLC | &nbsp;&nbsp; **8265278** |
| **Entertainment 1.6%** | **Entertainment 1.6%** | **Entertainment 1.6%** |
| 571626 | &nbsp;&nbsp; Warner Music Group Corp. <br> Class A<br>| &nbsp;&nbsp; **15045196** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Food Products 1.5%** | **Food Products 1.5%** | **Food Products 1.5%** |
| 55938 | Hershey Co. | &nbsp;&nbsp; $8988677 |
| 622250 | Tate & Lyle PLC | &nbsp;&nbsp; 4636287 |
|  |  | &nbsp;&nbsp; **13624964** |
| **Gas Utilities 3.9%** | **Gas Utilities 3.9%** | **Gas Utilities 3.9%** |
| 519825 | MDU Resources Group, Inc. | &nbsp;&nbsp; 8935792 |
| 157670 | Southwest Gas Holdings, Inc. | &nbsp;&nbsp; 11325436 |
| 448161 | UGI Corp. | &nbsp;&nbsp; 16160685 |
|  |  | &nbsp;&nbsp; **36421913** |
| **Ground Transportation 1.2%** | **Ground Transportation 1.2%** | **Ground Transportation 1.2%** |
| 52350 | Union Pacific Corp. | &nbsp;&nbsp; **11603901** |
| **Health Care Equipment & Supplies 2.8%** | **Health Care Equipment & Supplies 2.8%** | **Health Care Equipment & Supplies 2.8%** |
| 191670 | Abbott Laboratories | &nbsp;&nbsp; **25603279** |
| **Health Care REITs 0.9%** | **Health Care REITs 0.9%** | **Health Care REITs 0.9%** |
| 136935 | Ventas, Inc. | &nbsp;&nbsp; **8802182** |
| **Hotels, Restaurants & Leisure 3.7%** | **Hotels, Restaurants & Leisure 3.7%** | **Hotels, Restaurants & Leisure 3.7%** |
| 98875 | Darden Restaurants, Inc. | &nbsp;&nbsp; 21180014 |
| 43160 | McDonald's Corp. | &nbsp;&nbsp; 13545766 |
|  |  | &nbsp;&nbsp; **34725780** |
| **Household Products 1.8%** | **Household Products 1.8%** | **Household Products 1.8%** |
| 98774 | Procter & Gamble Co. | &nbsp;&nbsp; **16780715** |
| **Industrial REITs 0.5%** | **Industrial REITs 0.5%** | **Industrial REITs 0.5%** |
| 84375 | Terreno Realty Corp. | &nbsp;&nbsp; **4760437** |
| **Insurance 4.9%** | **Insurance 4.9%** | **Insurance 4.9%** |
| 262325 | &nbsp;&nbsp; American International Group, <br> Inc.<br>| &nbsp;&nbsp; 22203188 |
| 49645 | Progressive Corp. | &nbsp;&nbsp; 14145350 |
| 114350 | Unum Group | &nbsp;&nbsp; 9343538 |
|  |  | &nbsp;&nbsp; **45692076** |
| **IT Services 3.0%** | **IT Services 3.0%** | **IT Services 3.0%** |
| 107488 | &nbsp;&nbsp; International Business Machines <br> Corp.<br>| &nbsp;&nbsp; **27845841** |
| **Metals & Mining 4.5%** | **Metals & Mining 4.5%** | **Metals & Mining 4.5%** |
| 311719 | Agnico Eagle Mines Ltd. | &nbsp;&nbsp; 36779725 |
| 54869 | Southern Copper Corp. | &nbsp;&nbsp; 4988164 |
|  |  | &nbsp;&nbsp; **41767889** |
| **Multi-Utilities 5.9%** | **Multi-Utilities 5.9%** | **Multi-Utilities 5.9%** |
| 593310 | CenterPoint Energy, Inc. | &nbsp;&nbsp; 22094864 |
| 239920 | &nbsp;&nbsp; Public Service Enterprise Group, <br> Inc.<br>| &nbsp;&nbsp; 19440718 |
| 167775 | Sempra | &nbsp;&nbsp; 13185437 |
|  |  | &nbsp;&nbsp; **54721019** |
| **Oil, Gas & Consumable Fuels 7.1%** | **Oil, Gas & Consumable Fuels 7.1%** | **Oil, Gas & Consumable Fuels 7.1%** |
| 168482 | ConocoPhillips | &nbsp;&nbsp; 14379939 |

---

See Notes to Schedule of Investments

------

Schedule of Investments Equity Income Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Oil, Gas & Consumable Fuels – cont'd** | **Oil, Gas & Consumable Fuels – cont'd** | **Oil, Gas & Consumable Fuels – cont'd** |
| 133318 | Expand Energy Corp. | &nbsp;&nbsp; $15482219 |
| 204865 | Exxon Mobil Corp. | &nbsp;&nbsp; 20957690 |
| 257700 | Williams Cos., Inc. | &nbsp;&nbsp; 15593427 |
|  |  | &nbsp;&nbsp; **66413275** |
| **Pharmaceuticals 5.1%** | **Pharmaceuticals 5.1%** | **Pharmaceuticals 5.1%** |
| 330900 | AstraZeneca PLC ADR | &nbsp;&nbsp; 24099447 |
| 118700 | Merck & Co., Inc. | &nbsp;&nbsp; 9120908 |
| 341326 | Roche Holding AG ADR | &nbsp;&nbsp; 13755438 |
|  |  | &nbsp;&nbsp; **46975793** |
| **Professional Services 2.6%** | **Professional Services 2.6%** | **Professional Services 2.6%** |
| 151375 | Paychex, Inc. | &nbsp;&nbsp; **23903626** |
| **Residential REITs 1.2%** | **Residential REITs 1.2%** | **Residential REITs 1.2%** |
| 171126 | Equity LifeStyle Properties, Inc. | &nbsp;&nbsp; **10878480** |
| **Retail REITs 2.6%** | **Retail REITs 2.6%** | **Retail REITs 2.6%** |
| 968841 | Brixmor Property Group, Inc. | &nbsp;&nbsp; **24618250** |
| **Semiconductors & Semiconductor Equipment 2.6%** | **Semiconductors & Semiconductor Equipment 2.6%** | **Semiconductors & Semiconductor Equipment 2.6%** |
| 46027 | Analog Devices, Inc. | &nbsp;&nbsp; 9848858 |
| 78605 | Texas Instruments, Inc. | &nbsp;&nbsp; 14372924 |
|  |  | &nbsp;&nbsp; **24221782** |
| **Software 1.3%** | **Software 1.3%** | **Software 1.3%** |
| 26450 | Microsoft Corp. | &nbsp;&nbsp; **12176522** |
| **Specialized REITs 1.6%** | **Specialized REITs 1.6%** | **Specialized REITs 1.6%** |
| 39420 | Lamar Advertising Co. Class A | &nbsp;&nbsp; 4751687 |
| 322321 | VICI Properties, Inc. | &nbsp;&nbsp; 10220799 |
|  |  | &nbsp;&nbsp; **14972486** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Specialty Retail 2.8%** | **Specialty Retail 2.8%** | **Specialty Retail 2.8%** |
| 42700 | Home Depot, Inc. | &nbsp;&nbsp; $15725983 |
| 188344 | Industria de Diseno Textil SA | &nbsp;&nbsp; 10205171 |
|  |  | &nbsp;&nbsp; **25931154** |
| **Textiles, Apparel & Luxury Goods 0.9%** | **Textiles, Apparel & Luxury Goods 0.9%** | **Textiles, Apparel & Luxury Goods 0.9%** |
| 16182 | &nbsp;&nbsp; LVMH Moet Hennessy Louis <br> Vuitton SE<br>| &nbsp;&nbsp; **8787296** |
| **Tobacco 1.8%** | **Tobacco 1.8%** | **Tobacco 1.8%** |
| 90576 | Philip Morris International, Inc. | &nbsp;&nbsp; **16357120** |
| **Trading Companies & Distributors 0.7%** | **Trading Companies & Distributors 0.7%** | **Trading Companies & Distributors 0.7%** |
| 14335 | Watsco, Inc. | &nbsp;&nbsp; **6358576** |
| **Transportation Infrastructure 0.7%** | **Transportation Infrastructure 0.7%** | **Transportation Infrastructure 0.7%** |
| 23700 | Aena SME SA<sup>(b)</sup> | &nbsp;&nbsp; **6377710** |
| **Total Common Stocks (Cost $637,006,043)** | **Total Common Stocks (Cost $637,006,043)** | &nbsp;&nbsp; **926548279** |
| **Short-Term Investments 0.1%** | **Short-Term Investments 0.1%** | **Short-Term Investments 0.1%** |
| **Investment Companies 0.1%** | **Investment Companies 0.1%** | **Investment Companies 0.1%** |
| 892894 | &nbsp;&nbsp; State Street Institutional <br> Treasury Money Market Fund <br> Premier Class, 4.22%<sup>(c)</sup> <br>**(Cost $892,894)**<br>| &nbsp;&nbsp; **892894** |
| **Total Investments 99.8%** <br> **(Cost $637,898,937)** | **Total Investments 99.8%** <br> **(Cost $637,898,937)** | &nbsp;&nbsp; **927441173** |
| Other Assets Less Liabilities 0.2%<sup>(d)</sup> | Other Assets Less Liabilities 0.2%<sup>(d)</sup> | &nbsp;&nbsp; 2074140 |
| **Net Assets 100.0%** | **Net Assets 100.0%** | &nbsp;&nbsp; **$929515313** |

---

&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;(a) All or a portion of this security is pledged as collateral for options written.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Security exempt from registration pursuant to Regulation S under the Securities Act
 of 1933, as amended. Regulation S applies to securities offerings that are made outside of the United States
 and do not involve directed selling efforts in the United States and as such may have restrictions on
 resale. Total value of all such securities at May 31, 2025 amounted to $6,377,710, which represents 0.7% of net
 assets of the Fund.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Represents 7-day effective yield as of May 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Includes the impact of the Fund's open positions in derivatives at May 31, 2025.

See Notes to Schedule of Investments

------

Schedule of Investments Equity Income Fund^ (Unaudited) (cont'd)

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

---

| | | |
|:---|:---|:---|
| **POSITIONS BY COUNTRY** | **POSITIONS BY COUNTRY** | **POSITIONS BY COUNTRY** |
| **Country** | **Investments at** <br>**Value**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Percentage of** <br>**Net Assets**<br>|
| United States | $760120088 | 81.8% |
| United Kingdom | 49768220 | 5.4% |
| Canada | 36779725 | 4.0% |
| Singapore | 29504415 | 3.2% |
| Germany | 20017490 | 2.1% |
| Spain | 16582881 | 1.8% |
| France | 8787296 | 0.9% |
| Mexico | 4988164 | 0.5% |
| Short-Term Investments and Other Assets—Net | 2967034 | 0.3% |
|  | **$929515313** | **100.0%** |

---

See Notes to Schedule of Investments

------

Schedule of Investments Equity Income Fund^ (Unaudited) (cont'd)

Derivative Instruments

**Written option contracts ("options written")**

At May 31, 2025, the Fund had outstanding options written as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of** <br>**Contracts**<br>| **Notional** <br>**Amount**<br>| **Exercise** <br>**Price**<br>| **Expiration** <br>**Date**<br>| **Value** |
| **Calls** | **Calls** | **Calls** | **Calls** | **Calls** | **Calls** |
| **Hotels, Restaurants & Leisure** | **Hotels, Restaurants & Leisure** | **Hotels, Restaurants & Leisure** | **Hotels, Restaurants & Leisure** | **Hotels, Restaurants & Leisure** | **Hotels, Restaurants & Leisure** |
| Darden Restaurants, Inc. | &nbsp;&nbsp;&nbsp; 100 | &nbsp;&nbsp; $(2142100) | &nbsp;&nbsp; $240 | &nbsp;&nbsp; 6/20/2025 | &nbsp;&nbsp; **$(10500)** |
| **IT Services** | **IT Services** | **IT Services** | **IT Services** | **IT Services** | **IT Services** |
| International Business Machines Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 50 | &nbsp;&nbsp; (1295300) | &nbsp;&nbsp; 270 | &nbsp;&nbsp; 6/20/2025 | &nbsp;&nbsp;&nbsp;&nbsp; (8900) |
| International Business Machines Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 50 | &nbsp;&nbsp; (1295300) | &nbsp;&nbsp; 280 | &nbsp;&nbsp; 6/20/2025 | &nbsp;&nbsp;&nbsp;&nbsp; (2450) |
|  |  |  |  |  | &nbsp;&nbsp; **(11350)** |
| **Total calls** |  |  |  |  | &nbsp;&nbsp; **$(21850)** |
| **Puts** | **Puts** | **Puts** | **Puts** | **Puts** | **Puts** |
| **Beverages** | **Beverages** | **Beverages** | **Beverages** | **Beverages** | **Beverages** |
| Molson Coors Beverage Co. | &nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp; (2679500) | &nbsp;&nbsp;&nbsp;&nbsp; 45 | &nbsp;&nbsp; 6/20/2025 | &nbsp;&nbsp; **(2500)**<sup>(a)(b)</sup> |
| **Capital Markets** | **Capital Markets** | **Capital Markets** | **Capital Markets** | **Capital Markets** | **Capital Markets** |
| Blackstone, Inc. | &nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp; (2775200) | &nbsp;&nbsp;&nbsp;&nbsp; 95 | &nbsp;&nbsp; 6/20/2025 | &nbsp;&nbsp;&nbsp;&nbsp; (2000)<sup>(a)(b)</sup> |
| Blackstone, Inc. | &nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp; (2775200) | &nbsp;&nbsp; 100 | &nbsp;&nbsp; 6/20/2025 | &nbsp;&nbsp;&nbsp;&nbsp; (1800) |
|  |  |  |  |  | &nbsp;&nbsp; **(3800)** |
| **Containers & Packaging** | **Containers & Packaging** | **Containers & Packaging** | **Containers & Packaging** | **Containers & Packaging** | **Containers & Packaging** |
| Avery Dennison Corp. | &nbsp;&nbsp;&nbsp; 150 | &nbsp;&nbsp; (2665950) | &nbsp;&nbsp; 155 | &nbsp;&nbsp; 6/20/2025 | &nbsp;&nbsp;&nbsp;&nbsp; (3750) |
| Avery Dennison Corp. | &nbsp;&nbsp;&nbsp; 150 | &nbsp;&nbsp; (2665950) | &nbsp;&nbsp; 160 | &nbsp;&nbsp; 6/20/2025 | &nbsp;&nbsp;&nbsp;&nbsp; (4875) |
| Avery Dennison Corp. | &nbsp;&nbsp;&nbsp; 150 | &nbsp;&nbsp; (2665950) | &nbsp;&nbsp; 155 | &nbsp;&nbsp; 7/18/2025 | &nbsp;&nbsp; (10500) |
|  |  |  |  |  | &nbsp;&nbsp; **(19125)** |
| **Entertainment** | **Entertainment** | **Entertainment** | **Entertainment** | **Entertainment** | **Entertainment** |
| Warner Music Group Corp. | &nbsp;&nbsp; 1000 | &nbsp;&nbsp; (2632000) | &nbsp;&nbsp;&nbsp;&nbsp; 23 | &nbsp;&nbsp; 6/20/2025 | &nbsp;&nbsp; **(27500)** |
| **Food Products** | **Food Products** | **Food Products** | **Food Products** | **Food Products** | **Food Products** |
| Hershey Co. | &nbsp;&nbsp;&nbsp; 150 | &nbsp;&nbsp; (2410350) | &nbsp;&nbsp; 140 | &nbsp;&nbsp; 6/20/2025 | &nbsp;&nbsp;&nbsp;&nbsp; (4125) |
| Hershey Co. | &nbsp;&nbsp;&nbsp; 150 | &nbsp;&nbsp; (2410350) | &nbsp;&nbsp; 145 | &nbsp;&nbsp; 6/20/2025 | &nbsp;&nbsp;&nbsp;&nbsp; (6375) |
|  |  |  |  |  | &nbsp;&nbsp; **(10500)** |
| **Health Care REITs** | **Health Care REITs** | **Health Care REITs** | **Health Care REITs** | **Health Care REITs** | **Health Care REITs** |
| Ventas, Inc. | &nbsp;&nbsp;&nbsp; 300 | &nbsp;&nbsp; (1928400) | &nbsp;&nbsp;&nbsp;&nbsp; 55 | &nbsp;&nbsp; 6/20/2025 | &nbsp;&nbsp; **(8250)**<sup>(a)(b)</sup> |
| **Total puts** |  |  |  |  | &nbsp;&nbsp; **$(71675)** |
| **Total options written (premium received $153,682)** | **Total options written (premium received $153,682)** | **Total options written (premium received $153,682)** | **Total options written (premium received $153,682)** | **Total options written (premium received $153,682)** | &nbsp;&nbsp; **$(93525)** |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Value determined using significant unobservable inputs.

See Notes to Schedule of Investments

------

Schedule of Investments Equity Income Fund^ (Unaudited) (cont'd)

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

&nbsp;&nbsp;&nbsp;&nbsp;(b) Security fair valued as of May 31, 2025 in accordance with procedures approved by
 the valuation designee.

At May 31, 2025, the Fund had securities pledged in the amount of $14,044,800 to cover collateral requirements for options written.

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Investments: |  |  |  |  |
| Common Stocks<sup>#</sup> <br>| $926548279 | $— | $— | $926548279 |
| Short-Term Investments |  | 892894 |  | 892894 |
| **Total Investments** | **$926548279** | **$892894** | **$—** | **$927441173** |

---

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

# The Schedule of Investments provides information on the industry or sector categorization as well as a Positions by Country summary.

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's derivatives as of May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1** | **Level 2** | **Level 3**<sup>(a)</sup> | **Total** |
| Options Written |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Liabilities | $(80775)<br>| $— | $(12750)<br>| $(93525)<br>|
| **Total** | **$(80775)**<br>| **$—** | **$(12750)**<br>| **$(93525)**<br>|

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) The following is a reconciliation between the beginning and ending balances of derivative
 investments in which significant unobservable inputs (Level 3) were used in determining value:

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

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **(000's** <br>**omitted)**<br>| **Beginning** <br>**balance as** <br>**of 9/1/2024**<br>| **Accrued** <br>**discounts/** <br>**(premiums)**<br>| **Realized** <br>**gain/(loss)**<br>| **Change** <br>**in unrealized** <br>**appreciation/** <br>**(depreciation)**<br>| **Purchases/** <br>**Closing** <br>**of options**<br>| **Sales/** <br>**Writing** <br>**of options**<br>| **Transfers** <br>**into** <br>**Level 3**<br>| **Transfers** <br>**out of** <br>**Level 3**<br>| **Balance** <br>**as of** <br>**5/31/2025**<br>| **Net change in** <br>**unrealized** <br>**appreciation/** <br>**(depreciation)** <br>**from** <br>**investments** <br>**still held as of** <br>**5/31/2025**<br>|
| **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** |
| Written Option <br> Contracts<sup>(1)</sup> <br>| $(23)<br>| $— | $39 | $— | $— | $(29)<br>| $— | $— | $(13)<br>| $17 |
| **Total** | **$(23)**<br>| **$—** | **$39** | **$—** | **$—** | **$(29)**<br>| **$—** | **$—** | **$(13)**<br>| **$17** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) At May 31, 2025, these investments were valued in accordance with procedures approved by the <br> valuation designee. These investments did not have a material impact on the Fund's net assets and, <br> therefore, disclosure of significant unobservable inputs used in formulating valuations is not <br> presented. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) At May 31, 2025, these investments were valued in accordance with procedures approved by the <br> valuation designee. These investments did not have a material impact on the Fund's net assets and, <br> therefore, disclosure of significant unobservable inputs used in formulating valuations is not <br> presented. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) At May 31, 2025, these investments were valued in accordance with procedures approved by the <br> valuation designee. These investments did not have a material impact on the Fund's net assets and, <br> therefore, disclosure of significant unobservable inputs used in formulating valuations is not <br> presented. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) At May 31, 2025, these investments were valued in accordance with procedures approved by the <br> valuation designee. These investments did not have a material impact on the Fund's net assets and, <br> therefore, disclosure of significant unobservable inputs used in formulating valuations is not <br> presented. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) At May 31, 2025, these investments were valued in accordance with procedures approved by the <br> valuation designee. These investments did not have a material impact on the Fund's net assets and, <br> therefore, disclosure of significant unobservable inputs used in formulating valuations is not <br> presented. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) At May 31, 2025, these investments were valued in accordance with procedures approved by the <br> valuation designee. These investments did not have a material impact on the Fund's net assets and, <br> therefore, disclosure of significant unobservable inputs used in formulating valuations is not <br> presented. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) At May 31, 2025, these investments were valued in accordance with procedures approved by the <br> valuation designee. These investments did not have a material impact on the Fund's net assets and, <br> therefore, disclosure of significant unobservable inputs used in formulating valuations is not <br> presented. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) At May 31, 2025, these investments were valued in accordance with procedures approved by the <br> valuation designee. These investments did not have a material impact on the Fund's net assets and, <br> therefore, disclosure of significant unobservable inputs used in formulating valuations is not <br> presented. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) At May 31, 2025, these investments were valued in accordance with procedures approved by the <br> valuation designee. These investments did not have a material impact on the Fund's net assets and, <br> therefore, disclosure of significant unobservable inputs used in formulating valuations is not <br> presented. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) At May 31, 2025, these investments were valued in accordance with procedures approved by the <br> valuation designee. These investments did not have a material impact on the Fund's net assets and, <br> therefore, disclosure of significant unobservable inputs used in formulating valuations is not <br> presented. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) At May 31, 2025, these investments were valued in accordance with procedures approved by the <br> valuation designee. These investments did not have a material impact on the Fund's net assets and, <br> therefore, disclosure of significant unobservable inputs used in formulating valuations is not <br> presented. |

---

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Schedule of Investments

------

Schedule of Investments Focus Fund^ (Unaudited)

May 31, 2025

&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Common Stocks 92.8%** | **Common Stocks 92.8%** | **Common Stocks 92.8%** |
| **Aerospace & Defense 3.3%** | **Aerospace & Defense 3.3%** | **Aerospace & Defense 3.3%** |
| 130091 | Airbus SE | &nbsp;&nbsp; **$23941135** |
| **Banks 8.7%** | **Banks 8.7%** | **Banks 8.7%** |
| 2774191 | Barclays PLC | &nbsp;&nbsp; 12241310 |
| 140303 | Commerzbank AG | &nbsp;&nbsp; 4267836 |
| 768548 | &nbsp;&nbsp; Mitsubishi UFJ Financial Group, <br> Inc.<br>| &nbsp;&nbsp; 10818263 |
| 241349 | Mizuho Financial Group, Inc. | &nbsp;&nbsp; 6712385 |
| 380969 | &nbsp;&nbsp; Sumitomo Mitsui Financial <br> Group, Inc.<br>| &nbsp;&nbsp; 9795930 |
| 314159 | UniCredit SpA | &nbsp;&nbsp; 20175623 |
|  |  | &nbsp;&nbsp; **64011347** |
| **Beverages 0.9%** | **Beverages 0.9%** | **Beverages 0.9%** |
| 91511 | Coca-Cola Co. | &nbsp;&nbsp; **6597943** |
| **Broadline Retail 7.9%** | **Broadline Retail 7.9%** | **Broadline Retail 7.9%** |
| 207297 | Amazon.com, Inc.<sup>\*</sup> | &nbsp;&nbsp; 42497958 |
| 6123 | MercadoLibre, Inc.<sup>\*</sup> | &nbsp;&nbsp; 15695025 |
|  |  | &nbsp;&nbsp; **58192983** |
| **Capital Markets 1.6%** | **Capital Markets 1.6%** | **Capital Markets 1.6%** |
| 31181 | LPL Financial Holdings, Inc. | &nbsp;&nbsp; **12072036** |
| **Chemicals 1.1%** | **Chemicals 1.1%** | **Chemicals 1.1%** |
| 38933 | Air Liquide SA | &nbsp;&nbsp; **8063262** |
| **Communications Equipment 1.8%** | **Communications Equipment 1.8%** | **Communications Equipment 1.8%** |
| 148887 | Arista Networks, Inc.<sup>\*</sup> | &nbsp;&nbsp; **12899570** |
| **Construction Materials 2.5%** | **Construction Materials 2.5%** | **Construction Materials 2.5%** |
| 199466 | CRH PLC | &nbsp;&nbsp; **18183321** |
| **Diversified Telecommunication Services 4.1%** | **Diversified Telecommunication Services 4.1%** | **Diversified Telecommunication Services 4.1%** |
| 791568 | Deutsche Telekom AG | &nbsp;&nbsp; **29911597** |
| **Electronic Equipment, Instruments & Components 0.9%** | **Electronic Equipment, Instruments & Components 0.9%** | **Electronic Equipment, Instruments & Components 0.9%** |
| 92039 | Coherent Corp.<sup>\*</sup> | &nbsp;&nbsp; **6960910** |
| **Entertainment 1.6%** | **Entertainment 1.6%** | **Entertainment 1.6%** |
| 52312 | ROBLOX Corp. Class A<sup>\*</sup> | &nbsp;&nbsp; 4550098 |
| 31355 | &nbsp;&nbsp; Take-Two Interactive Software, <br> Inc.<sup>\*</sup><br>| &nbsp;&nbsp; 7095009 |
|  |  | &nbsp;&nbsp; **11645107** |
| **Financial Services 4.3%** | **Financial Services 4.3%** | **Financial Services 4.3%** |
| 11625 | Adyen NV<sup>\*(a)</sup> | &nbsp;&nbsp; 22302057 |
| 26219 | Visa, Inc. Class A | &nbsp;&nbsp; 9574917 |
|  |  | &nbsp;&nbsp; **31876974** |
| **Food Products 1.3%** | **Food Products 1.3%** | **Food Products 1.3%** |
| 114349 | Danone SA | &nbsp;&nbsp; **9768980** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Ground Transportation 2.6%** | **Ground Transportation 2.6%** | **Ground Transportation 2.6%** |
| 222662 | Uber Technologies, Inc.<sup>\*</sup> | &nbsp;&nbsp; **$18739234** |
| **Health Care Equipment & Supplies 2.7%** | **Health Care Equipment & Supplies 2.7%** | **Health Care Equipment & Supplies 2.7%** |
| 187728 | Boston Scientific Corp.<sup>\*</sup> | &nbsp;&nbsp; **19760249** |
| **Health Care Providers & Services 2.6%** | **Health Care Providers & Services 2.6%** | **Health Care Providers & Services 2.6%** |
| 25979 | Cigna Group | &nbsp;&nbsp; 8225991 |
| 14930 | McKesson Corp. | &nbsp;&nbsp; 10742284 |
|  |  | &nbsp;&nbsp; **18968275** |
| **Hotels, Restaurants & Leisure 3.9%** | **Hotels, Restaurants & Leisure 3.9%** | **Hotels, Restaurants & Leisure 3.9%** |
| 317211 | Carnival Corp.<sup>\*</sup> | &nbsp;&nbsp; 7365639 |
| 17881 | DoorDash, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 3730871 |
| 309820 | DraftKings, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 11116342 |
| 21120 | McDonald's Corp. | &nbsp;&nbsp; 6628512 |
|  |  | &nbsp;&nbsp; **28841364** |
| **Insurance 1.6%** | **Insurance 1.6%** | **Insurance 1.6%** |
| 145196 | Unum Group | &nbsp;&nbsp; **11863965** |
| **Interactive Media & Services 6.6%** | **Interactive Media & Services 6.6%** | **Interactive Media & Services 6.6%** |
| 50273 | Alphabet, Inc. Class C | &nbsp;&nbsp; 8689688 |
| 53454 | Meta Platforms, Inc. Class A | &nbsp;&nbsp; 34610930 |
| 159464 | Pinterest, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 4960925 |
|  |  | &nbsp;&nbsp; **48261543** |
| **Oil, Gas & Consumable Fuels 2.3%** | **Oil, Gas & Consumable Fuels 2.3%** | **Oil, Gas & Consumable Fuels 2.3%** |
| 48862 | Chevron Corp. | &nbsp;&nbsp; 6679435 |
| 150337 | Shell PLC ADR | &nbsp;&nbsp; 9955316 |
|  |  | &nbsp;&nbsp; **16634751** |
| **Professional Services 0.5%** | **Professional Services 0.5%** | **Professional Services 0.5%** |
| 7874 | &nbsp;&nbsp; CACI International, Inc. <br> Class A<sup>\*</sup><br>| &nbsp;&nbsp; **3370072** |
| **Semiconductors & Semiconductor Equipment 11.7%** | **Semiconductors & Semiconductor Equipment 11.7%** | **Semiconductors & Semiconductor Equipment 11.7%** |
| 168923 | Advanced Micro Devices, Inc.<sup>\*</sup> | &nbsp;&nbsp; 18704844 |
| 123457 | &nbsp;&nbsp; Credo Technology Group <br> Holding Ltd.<sup>\*</sup><br>| &nbsp;&nbsp; 7525939 |
| 121396 | Lam Research Corp. | &nbsp;&nbsp; 9807583 |
| 221882 | NVIDIA Corp. | &nbsp;&nbsp; 29982914 |
| 102288 | &nbsp;&nbsp; Taiwan Semiconductor <br> Manufacturing Co. Ltd. ADR<br>| &nbsp;&nbsp; 19774316 |
|  |  | &nbsp;&nbsp; **85795596** |
| **Software 13.3%** | **Software 13.3%** | **Software 13.3%** |
| 90909 | &nbsp;&nbsp; Arctic Wolf Networks, <br> Inc.<sup>\*#(b)(c)</sup><br>| &nbsp;&nbsp; 1026636 |
| 5343 | Constellation Software, Inc. | &nbsp;&nbsp; 19372234 |
| 6133 | HubSpot, Inc.<sup>\*</sup> | &nbsp;&nbsp; 3617857 |
| 67930 | Microsoft Corp. | &nbsp;&nbsp; 31272255 |
| 104300 | Oracle Corp. | &nbsp;&nbsp; 17264779 |
| 54044 | Salesforce, Inc. | &nbsp;&nbsp; 14341656 |

---

See Notes to Schedule of Investments

------

Schedule of Investments Focus Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Software – cont'd** | **Software – cont'd** | **Software – cont'd** |
| 10614 | ServiceNow, Inc.<sup>\*</sup> | &nbsp;&nbsp; $10731709 |
|  |  | &nbsp;&nbsp; **97627126** |
| **Textiles, Apparel & Luxury Goods 1.2%** | **Textiles, Apparel & Luxury Goods 1.2%** | **Textiles, Apparel & Luxury Goods 1.2%** |
| 16172 | &nbsp;&nbsp; LVMH Moet Hennessy Louis <br> Vuitton SE<br>| &nbsp;&nbsp; **8781865** |
| **Tobacco 3.8%** | **Tobacco 3.8%** | **Tobacco 3.8%** |
| 155498 | Philip Morris International, Inc. | &nbsp;&nbsp; **28081384** |
| **Total Common Stocks (Cost $487,155,297)** | **Total Common Stocks (Cost $487,155,297)** | &nbsp;&nbsp; **680850589** |
| **Preferred Stocks 0.4%** | **Preferred Stocks 0.4%** | **Preferred Stocks 0.4%** |
| **IT Services 0.1%** | **IT Services 0.1%** | **IT Services 0.1%** |
| 106691 | Druva, Inc., Series 5<sup>\*#(b)(c)</sup> | &nbsp;&nbsp; **950617** |
| **Software 0.1%** | **Software 0.1%** | **Software 0.1%** |
| 63363 | Videoamp, Inc., Series F1<sup>\*#(b)(c)</sup> | &nbsp;&nbsp; **999995** |
| **Specialty Retail 0.2%** | **Specialty Retail 0.2%** | **Specialty Retail 0.2%** |
| 1000 | Fabletics LLC, Series G<sup>\*#(b)(c)</sup> | &nbsp;&nbsp; **1150200** |
| **Total Preferred Stocks (Cost $2,999,995)** | **Total Preferred Stocks (Cost $2,999,995)** | &nbsp;&nbsp; **3100812** |

---

---

| | |
|:---|:---|
| **Number of Shares** | **Value** |
| **Warrants 0.0%**<sup>‡</sup> | **Warrants 0.0%**<sup>‡</sup> |
| **Software 0.0%**<sup>‡</sup> | **Software 0.0%**<sup>‡</sup> |
| 10268<br> &nbsp;&nbsp; Constellation Software, Inc. <br> Expires 3/31/2040<sup>\*(b)(c)</sup> <br> **(Cost $0)**<br>| &nbsp;&nbsp; **$1** |
| **Short-Term Investments 4.1%** | **Short-Term Investments 4.1%** |
| **Investment Companies 4.1%** | **Investment Companies 4.1%** |
| 30218959<br> &nbsp;&nbsp; State Street Institutional <br> U.S. Government Money <br> Market Fund Premier Class, <br> 4.27%<sup>(d)</sup> <br>**(Cost $30,218,959)**<br>| &nbsp;&nbsp; **30218959** |
| **Total Investments 97.3%** <br> **(Cost $520,374,251)** | &nbsp;&nbsp; **714170361** |
| Other Assets Less Liabilities 2.7% | &nbsp;&nbsp; 19602796 |
| **Net Assets 100.0%** | &nbsp;&nbsp; **$733773157** |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;‡ Represents less than 0.05% of net assets of the Fund.

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

\* Non-income producing security.

(a) Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities offerings that are made outside of the United States and do not involve directed selling efforts in the United States and as such may have restrictions on resale. Total value of all such securities at May 31, 2025 amounted to $22,302,057, which represents 3.0% of net assets of the Fund. 

(b) Value determined using significant unobservable inputs.

(c) Security fair valued as of May 31, 2025 in accordance with procedures approved by the valuation designee. Total value of all such securities at May 31, 2025 amounted to $4,127,449, which represents 0.6% of net assets of the Fund. 

(d) Represents 7-day effective yield as of May 31, 2025.

See Notes to Schedule of Investments

------

Schedule of Investments Focus Fund^ (Unaudited) (cont'd)

# This security is subject to restrictions on resale. Total value of all such securities at May 31, 2025 amounted to $4,127,448, which represents 0.6% of net assets of the Fund. Acquisition dates shown with a range, if any, represent securities that were acquired over the period shown in the table.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Restricted Security** | **Acquisition** <br>**Date(s)**<br>| **Acquisition** <br>**Cost**<br>| **Value as of** <br>**5/31/2025**<br>| **Fair Value** <br>**Percentage** <br>**of Net Assets** <br>**as of** <br>**5/31/2025**<br>|
| Arctic Wolf Networks, Inc. | 12/31/2021 | &nbsp;&nbsp; $999999 | &nbsp;&nbsp; $1026636 | &nbsp;&nbsp; 0.2% |
| Druva, Inc. (Series 5 Preferred Shares) | 4/1/2021 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 950617 | &nbsp;&nbsp; 0.1% |
| Fabletics LLC (Series G Preferred Shares) | 1/10/2022 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1150200 | &nbsp;&nbsp; 0.2% |
| Videoamp, Inc. (Series F1 Preferred Shares) | 1/4/2022 | &nbsp;&nbsp; 999995 | &nbsp;&nbsp; 999995 | &nbsp;&nbsp; 0.1% |
| **Total** |  | &nbsp;&nbsp; **$3999994** | &nbsp;&nbsp; **$4127448** | &nbsp;&nbsp; **0.6%** |

---

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

---

| | | |
|:---|:---|:---|
| **POSITIONS BY COUNTRY** | **POSITIONS BY COUNTRY** | **POSITIONS BY COUNTRY** |
| **Country** | **Investments at** <br>**Value**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Percentage of** <br>**Net Assets**<br>|
| United States | $462329583 | 63.0% |
| France | 50555242 | 6.9% |
| Germany | 34179433 | 4.7% |
| Japan | 27326578 | 3.7% |
| Netherlands | 22302057 | 3.0% |
| Italy | 20175623 | 2.8% |
| Taiwan | 19774316 | 2.7% |
| Canada | 19372235 | 2.6% |
| Brazil | 15695025 | 2.1% |
| United Kingdom | 12241310 | 1.7% |
| Short-Term Investments and Other Assets—Net | 49821755 | 6.8% |
|  | **$733773157** | **100.0%** |

---

See Notes to Schedule of Investments

------

Schedule of Investments Focus Fund^ (Unaudited) (cont'd)

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3**<sup>(a)</sup> | **Total** |
| Investments: |  |  |  |  |
| Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Software | $96600490 | $— | $1026636 | $97627126 |
| &nbsp;&nbsp;&nbsp; Other Common Stocks<sup>#</sup> <br>| 583223463 |  |  | 583223463 |
| Total Common Stocks | 679823953 |  | 1026636 | 680850589 |
| Preferred Stocks<sup>#</sup> <br>|  |  | 3100812 | 3100812 |
| Warrants<sup>#</sup> <br>|  |  | 1 | 1 |
| Short-Term Investments |  | 30218959 |  | 30218959 |
| **Total Investments** | **$679823953** | **$30218959** | **$4127449** | **$714170361** |

---

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

# The Schedule of Investments provides information on the industry or sector categorization as well as a Positions by Country summary. 

(a) The following is a reconciliation between the beginning and ending balances of investments in which significant unobservable inputs (Level 3) were used in determining value: 

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

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **(000's** <br>**omitted)**<br>| **Beginning** <br>**balance as** <br>**of 9/1/2024**<br>| **Accrued** <br>**discounts/** <br>**(premiums)**<br>| **Realized** <br>**gain/(loss)**<br>| **Change** <br>**in unrealized** <br>**appreciation/** <br>**(depreciation)**<br>| **Purchases** | **Sales/** <br>**Other reductions**<br>| **Transfers** <br>**into** <br>**Level 3**<br>| **Transfers** <br>**out of** <br>**Level 3**<br>| **Balance** <br>**as of** <br>**5/31/2025**<br>| **Net change in** <br>**unrealized** <br>**appreciation/** <br>**(depreciation)** <br>**from** <br>**investments** <br>**still held as of** <br>**5/31/2025**<br>|
| **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** |
| Common <br> Stocks<sup>(1)</sup> <br>| $1077 | $— | $— | $(51)<br>| $— | $— | $— | $— | $1026 | $(51)<br>|
| Preferred <br> Stocks<sup>(1)</sup> <br>| 3224 |  |  | (123)<br>|  |  |  |  | 3101 | (123)<br>|
| Warrants<sup>(2)</sup> <br>|  |  |  |  |  |  |  |  |  |  |
| **Total** | **$4301** | **$—** | **$—** | **$(174)**<br>| **$—** | **$—** | **$—** | **$—** | **$4127** | **$(174)**<br>|

---

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: |
| **Investment type** | **Fair value** <br>**at** <br>**5/31/2025**<br>| &nbsp;&nbsp; **Valuation** <br>**approach**<br>| &nbsp;&nbsp; **Significant unobservable** <br>**input(s)**<br>| &nbsp;&nbsp; **Input value/** <br>**range**<br>| &nbsp;&nbsp; **Weighted** <br>**average**<sup>(a)</sup><br>| &nbsp;&nbsp; **Impact to** <br>**valuation** <br>**from** <br>**increase** <br>**in input**<sup>(b)</sup><br>|
| Common Stocks | $1026636 | Market Approach | &nbsp;&nbsp; Enterprise value/ <br>Revenue multiple<sup>(c)</sup> (EV/Revenue)<br>| 12.5x | 12.5x | Increase |
|  |  |  | Discount Rate | 4.3% | 4.3% | Decrease |
|  |  |  | Term (Years) | 1.3 | 1.3 | Decrease |
|  |  |  | Expected Volatility | 80.0% | 80.0% | Decrease |
|  |  |  | Transaction Price | $9.06 | $9.06 | Increase |
| Preferred Stocks | 3100812 | Market Approach | &nbsp;&nbsp; Enterprise value/ <br>Revenue multiple<sup>(c)</sup> (EV/Revenue)<br>| 5.6x - 7.1x | 6.4x | Increase |
|  |  |  | Discount Rate | 3.9% | 3.9% | Decrease |
|  |  |  | Term (Years) | 2.2 - 3.2 | 2.7 | Decrease |
|  |  |  | Expected Volatility | 60.0% - 65.0% | 62.6% | Decrease |
|  |  |  | Transaction Price | $1150.00 | $1150.00 | Increase |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. |

---

See Notes to Schedule of Investments

------

Schedule of Investments Focus Fund^ (Unaudited) (cont'd)

&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. |
| &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; (c) Represents amounts used when the reporting entity has determined that market participants <br> would use such multiples when pricing the investments. |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2) At May 31, 2025, these investments were valued in accordance with procedures approved by the <br> valuation designee. These investments did not have a material impact on the Fund's net assets and, <br> therefore, disclosure of significant unobservable inputs used in formulating valuations is not <br> presented.<br>

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Schedule of Investments

------

Schedule of Investments Genesis Fund^ (Unaudited)

May 31, 2025

&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Common Stocks 99.3%** | **Common Stocks 99.3%** | **Common Stocks 99.3%** |
| **Banks 8.4%** | **Banks 8.4%** | **Banks 8.4%** |
| 2192132 | &nbsp;&nbsp; Community Financial <br> System, Inc.<br>| &nbsp;&nbsp; $123285504 |
| 701141 | Cullen/Frost Bankers, Inc. | &nbsp;&nbsp; 89030884 |
| 1917361 | &nbsp;&nbsp; First Financial Bankshares, <br> Inc.<br>| &nbsp;&nbsp; 67606149 |
| 1909804 | Glacier Bancorp, Inc. | &nbsp;&nbsp; 79199572 |
| 840454 | Lakeland Financial Corp. | &nbsp;&nbsp; 50317981 |
| 1830274 | Prosperity Bancshares, Inc. | &nbsp;&nbsp; 127478584 |
| 1011348 | Stock Yards Bancorp, Inc. | &nbsp;&nbsp; 74394759 |
| 644759 | UMB Financial Corp. | &nbsp;&nbsp; 66487548 |
| 2914200 | &nbsp;&nbsp; United Community Banks, <br> Inc.<br>| &nbsp;&nbsp; 83754108 |
|  |  | &nbsp;&nbsp; **761555089** |
| **Building Products 4.1%** | **Building Products 4.1%** | **Building Products 4.1%** |
| 620971 | &nbsp;&nbsp; Armstrong World Industries, <br> Inc.<br>| &nbsp;&nbsp; 96641717 |
| 274598 | CSW Industrials, Inc. | &nbsp;&nbsp; 83969322 |
| 5173489 | Hayward Holdings, Inc.<sup>\*</sup> | &nbsp;&nbsp; 72170171 |
| 430671 | &nbsp;&nbsp; Simpson Manufacturing Co., <br> Inc.<br>| &nbsp;&nbsp; 67055475 |
| 962993 | Trex Co., Inc.<sup>\*</sup> | &nbsp;&nbsp; 53802419 |
|  |  | &nbsp;&nbsp; **373639104** |
| **Capital Markets 1.6%** | **Capital Markets 1.6%** | **Capital Markets 1.6%** |
| 428026 | Hamilton Lane, Inc. Class A | &nbsp;&nbsp; 63775874 |
| 442168 | Houlihan Lokey, Inc. | &nbsp;&nbsp; 77237906 |
|  |  | &nbsp;&nbsp; **141013780** |
| **Chemicals 0.9%** | **Chemicals 0.9%** | **Chemicals 0.9%** |
| 3658897 | Element Solutions, Inc. | &nbsp;&nbsp; **78227218** |
| **Commercial Services & Supplies 4.7%** | **Commercial Services & Supplies 4.7%** | **Commercial Services & Supplies 4.7%** |
| 1191428 | Brady Corp. Class A | &nbsp;&nbsp; 83125931 |
| 437295 | &nbsp;&nbsp; Casella Waste Systems, Inc. <br> Class A<sup>\*</sup><br>| &nbsp;&nbsp; 51255347 |
| 1639543 | Rollins, Inc. | &nbsp;&nbsp; 93863837 |
| 4022566 | Tetra Tech, Inc. | &nbsp;&nbsp; 140548456 |
| 482191 | VSE Corp. | &nbsp;&nbsp; 62728227 |
|  |  | &nbsp;&nbsp; **431521798** |
| **Construction & Engineering 3.7%** | **Construction & Engineering 3.7%** | **Construction & Engineering 3.7%** |
| 1394413 | Arcosa, Inc. | &nbsp;&nbsp; 120296009 |
| 561532 | Valmont Industries, Inc. | &nbsp;&nbsp; 178589637 |
| 1243167 | WillScot Holdings Corp. | &nbsp;&nbsp; 33503351 |
|  |  | &nbsp;&nbsp; **332388997** |
| **Construction Materials 1.2%** | **Construction Materials 1.2%** | **Construction Materials 1.2%** |
| 547066 | Eagle Materials, Inc. | &nbsp;&nbsp; **110622216** |
| **Containers & Packaging 1.3%** | **Containers & Packaging 1.3%** | **Containers & Packaging 1.3%** |
| 720102 | AptarGroup, Inc. | &nbsp;&nbsp; **114064157** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Distributors 0.8%** | **Distributors 0.8%** | **Distributors 0.8%** |
| 249826 | Pool Corp. | &nbsp;&nbsp; **$75095197** |
| **Diversified Consumer Services 1.0%** | **Diversified Consumer Services 1.0%** | **Diversified Consumer Services 1.0%** |
| 724987 | &nbsp;&nbsp; Bright Horizons Family <br> Solutions, Inc.<sup>\*</sup><br>| &nbsp;&nbsp; **93668320** |
| **Electric Utilities 1.0%** | **Electric Utilities 1.0%** | **Electric Utilities 1.0%** |
| 776770 | IDACORP, Inc. | &nbsp;&nbsp; **92396791** |
| **Electronic Equipment, Instruments & Components 3.8%** | **Electronic Equipment, Instruments & Components 3.8%** | **Electronic Equipment, Instruments & Components 3.8%** |
| 656385 | &nbsp;&nbsp; Advanced Energy Industries, <br> Inc.<br>| &nbsp;&nbsp; 75339870 |
| 240402 | Badger Meter, Inc. | &nbsp;&nbsp; 59672584 |
| 2704204 | Knowles Corp.<sup>\*</sup> | &nbsp;&nbsp; 44375988 |
| 629042 | Littelfuse, Inc. | &nbsp;&nbsp; 128991353 |
| 332131 | Novanta, Inc.<sup>\*</sup> | &nbsp;&nbsp; 41124460 |
|  |  | &nbsp;&nbsp; **349504255** |
| **Energy Equipment & Services 2.0%** | **Energy Equipment & Services 2.0%** | **Energy Equipment & Services 2.0%** |
| 845958 | Cactus, Inc. Class A | &nbsp;&nbsp; 34684278 |
| 2395965 | &nbsp;&nbsp; Oceaneering International, <br> Inc.<sup>\*</sup><br>| &nbsp;&nbsp; 45691053 |
| 287125 | TerraVest Industries, Inc. | &nbsp;&nbsp; 35410723 |
| 1764322 | Tidewater, Inc.<sup>\*</sup> | &nbsp;&nbsp; 70061227 |
|  |  | &nbsp;&nbsp; **185847281** |
| **Financial Services 1.6%** | **Financial Services 1.6%** | **Financial Services 1.6%** |
| 400648 | Jack Henry & Associates, Inc. | &nbsp;&nbsp; 72585398 |
| 745440 | &nbsp;&nbsp; Shift4 Payments, Inc. <br> Class A<sup>\*</sup><br>| &nbsp;&nbsp; 70660258 |
|  |  | &nbsp;&nbsp; **143245656** |
| **Gas Utilities 0.8%** | **Gas Utilities 0.8%** | **Gas Utilities 0.8%** |
| 616520 | Chesapeake Utilities Corp. | &nbsp;&nbsp; **75332579** |
| **Ground Transportation 0.3%** | **Ground Transportation 0.3%** | **Ground Transportation 0.3%** |
| 115424 | Saia, Inc.<sup>\*</sup> | &nbsp;&nbsp; **30519260** |
| **Health Care Equipment & Supplies 2.2%** | **Health Care Equipment & Supplies 2.2%** | **Health Care Equipment & Supplies 2.2%** |
| 2159521 | Haemonetics Corp.<sup>\*</sup> | &nbsp;&nbsp; 146221167 |
| 220184 | UFP Technologies, Inc.<sup>\*</sup> | &nbsp;&nbsp; 51567093 |
|  |  | &nbsp;&nbsp; **197788260** |
| **Health Care Providers & Services 2.2%** | **Health Care Providers & Services 2.2%** | **Health Care Providers & Services 2.2%** |
| 296481 | Chemed Corp. | &nbsp;&nbsp; 170429138 |
| 296616 | CorVel Corp.<sup>\*</sup> | &nbsp;&nbsp; 33004462 |
|  |  | &nbsp;&nbsp; **203433600** |
| **Hotels, Restaurants & Leisure 1.9%** | **Hotels, Restaurants & Leisure 1.9%** | **Hotels, Restaurants & Leisure 1.9%** |
| 886663 | Texas Roadhouse, Inc. | &nbsp;&nbsp; **173085484** |
| **Household Durables 0.6%** | **Household Durables 0.6%** | **Household Durables 0.6%** |
| 335088 | &nbsp;&nbsp; Installed Building Products, <br> Inc.<br>| &nbsp;&nbsp; **53439834** |

---

See Notes to Schedule of Investments

------

Schedule of Investments Genesis Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Household Products 0.8%** | **Household Products 0.8%** | **Household Products 0.8%** |
| 368157 | Church & Dwight Co., Inc. | &nbsp;&nbsp; $36193515 |
| 161673 | WD-40 Co. | &nbsp;&nbsp; 39388393 |
|  |  | &nbsp;&nbsp; **75581908** |
| **Insurance 3.8%** | **Insurance 3.8%** | **Insurance 3.8%** |
| 1160903 | AMERISAFE, Inc.<sup>(a)</sup> | &nbsp;&nbsp; 55108065 |
| 3555357 | Hagerty, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 34558070 |
| 1566474 | RLI Corp. | &nbsp;&nbsp; 120414856 |
| 1051479 | &nbsp;&nbsp; Stewart Information Services <br> Corp.<br>| &nbsp;&nbsp; 63446243 |
| 39085 | &nbsp;&nbsp; White Mountains Insurance <br> Group Ltd.<br>| &nbsp;&nbsp; 69758908 |
|  |  | &nbsp;&nbsp; **343286142** |
| **Life Sciences Tools & Services 1.9%** | **Life Sciences Tools & Services 1.9%** | **Life Sciences Tools & Services 1.9%** |
| 1556234 | Bio-Techne Corp. | &nbsp;&nbsp; 75321726 |
| 2449779 | Stevanato Group SpA | &nbsp;&nbsp; 54409592 |
| 222237 | &nbsp;&nbsp; West Pharmaceutical <br> Services, Inc.<br>| &nbsp;&nbsp; 46858671 |
|  |  | &nbsp;&nbsp; **176589989** |
| **Machinery 16.5%** | **Machinery 16.5%** | **Machinery 16.5%** |
| 448256 | Crane Co. | &nbsp;&nbsp; 76831078 |
| 1967386 | Enerpac Tool Group Corp. | &nbsp;&nbsp; 84361512 |
| 341008 | Enpro, Inc. | &nbsp;&nbsp; 63134221 |
| 1114656 | Esab Corp. | &nbsp;&nbsp; 137091542 |
| 668972 | ESCO Technologies, Inc. | &nbsp;&nbsp; 121244485 |
| 975036 | Federal Signal Corp. | &nbsp;&nbsp; 91721637 |
| 5133096 | Gates Industrial Corp. PLC<sup>\*</sup> | &nbsp;&nbsp; 108564980 |
| 1032700 | Graco, Inc. | &nbsp;&nbsp; 87428382 |
| 310571 | Kadant, Inc. | &nbsp;&nbsp; 97491343 |
| 660534 | Lindsay Corp.<sup>(a)</sup> | &nbsp;&nbsp; 92078440 |
| 552091 | Miller Industries, Inc. | &nbsp;&nbsp; 25026285 |
| 35094 | Nordson Corp. | &nbsp;&nbsp; 7439577 |
| 475537 | RBC Bearings, Inc.<sup>\*</sup> | &nbsp;&nbsp; 173984722 |
| 621147 | REV Group, Inc. | &nbsp;&nbsp; 23286801 |
| 846647 | SPX Technologies, Inc.<sup>\*</sup> | &nbsp;&nbsp; 128766542 |
| 586909 | Standex International Corp. | &nbsp;&nbsp; 88588044 |
| 1307182 | Toro Co. | &nbsp;&nbsp; 99058252 |
|  |  | &nbsp;&nbsp; **1506097843** |
| **Marine Transportation 1.7%** | **Marine Transportation 1.7%** | **Marine Transportation 1.7%** |
| 1429965 | Kirby Corp.<sup>\*</sup> | &nbsp;&nbsp; **158211328** |
| **Media 2.1%** | **Media 2.1%** | **Media 2.1%** |
| 1399651 | &nbsp;&nbsp; John Wiley & Sons, Inc. <br> Class A<br>| &nbsp;&nbsp; 54754347 |
| 810121 | &nbsp;&nbsp; Nexstar Media Group, Inc. <br> Class A<br>| &nbsp;&nbsp; 138060821 |
|  |  | &nbsp;&nbsp; **192815168** |
| **Oil, Gas & Consumable Fuels 3.1%** | **Oil, Gas & Consumable Fuels 3.1%** | **Oil, Gas & Consumable Fuels 3.1%** |
| 4168952 | CNX Resources Corp.<sup>\*</sup> | &nbsp;&nbsp; 134573771 |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Oil, Gas & Consumable Fuels – cont'd** | **Oil, Gas & Consumable Fuels – cont'd** | **Oil, Gas & Consumable Fuels – cont'd** |
| 4097133 | &nbsp;&nbsp; Sitio Royalties Corp. <br> Class A<sup>(a)</sup><br>| &nbsp;&nbsp; $69938060 |
| 22082 | Texas Pacific Land Corp. | &nbsp;&nbsp; 24600010 |
| 1369843 | Viper Energy, Inc. | &nbsp;&nbsp; 54369069 |
|  |  | &nbsp;&nbsp; **283480910** |
| **Professional Services 1.7%** | **Professional Services 1.7%** | **Professional Services 1.7%** |
| 408293 | CRA International, Inc.<sup>(a)</sup> | &nbsp;&nbsp; 77596085 |
| 1048553 | Exponent, Inc. | &nbsp;&nbsp; 80046536 |
|  |  | &nbsp;&nbsp; **157642621** |
| **Real Estate Management & Development 2.8%** | **Real Estate Management & Development 2.8%** | **Real Estate Management & Development 2.8%** |
| 680961 | &nbsp;&nbsp; Colliers International Group, <br> Inc.<br>| &nbsp;&nbsp; 82042181 |
| 956481 | FirstService Corp. | &nbsp;&nbsp; 167761985 |
|  |  | &nbsp;&nbsp; **249804166** |
| **Semiconductors & Semiconductor Equipment 3.5%** | **Semiconductors & Semiconductor Equipment 3.5%** | **Semiconductors & Semiconductor Equipment 3.5%** |
| 2521262 | &nbsp;&nbsp; Lattice Semiconductor <br> Corp.<sup>\*</sup><br>| &nbsp;&nbsp; 113305514 |
| 1099216 | MKS, Inc. | &nbsp;&nbsp; 90344563 |
| 2373730 | Power Integrations, Inc. | &nbsp;&nbsp; 118045593 |
|  |  | &nbsp;&nbsp; **321695670** |
| **Software 10.1%** | **Software 10.1%** | **Software 10.1%** |
| 714300 | BlackLine, Inc.<sup>\*</sup> | &nbsp;&nbsp; 39950799 |
| 4219012 | &nbsp;&nbsp; CCC Intelligent Solutions <br> Holdings, Inc.<sup>\*</sup><br>| &nbsp;&nbsp; 37042925 |
| 851507 | Commvault Systems, Inc.<sup>\*</sup> | &nbsp;&nbsp; 155953507 |
| 3469911 | &nbsp;&nbsp; Computer Modelling Group <br> Ltd.<br>| &nbsp;&nbsp; 17023383 |
| 69484 | Fair Isaac Corp.<sup>\*</sup> | &nbsp;&nbsp; 119948839 |
| 720747 | Manhattan Associates, Inc.<sup>\*</sup> | &nbsp;&nbsp; 136062619 |
| 695534 | Qualys, Inc.<sup>\*</sup> | &nbsp;&nbsp; 96366236 |
| 822750 | SPS Commerce, Inc.<sup>\*</sup> | &nbsp;&nbsp; 115810290 |
| 214846 | Tyler Technologies, Inc.<sup>\*</sup> | &nbsp;&nbsp; 123963994 |
| 2078556 | Vertex, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 82248461 |
|  |  | &nbsp;&nbsp; **924371053** |
| **Specialty Retail 3.9%** | **Specialty Retail 3.9%** | **Specialty Retail 3.9%** |
| 306290 | &nbsp;&nbsp; Asbury Automotive Group, <br> Inc.<sup>\*</sup><br>| &nbsp;&nbsp; 69806554 |
| 773778 | &nbsp;&nbsp; Floor & Decor Holdings, Inc. <br> Class A<sup>\*</sup><br>| &nbsp;&nbsp; 55472145 |
| 106145 | Murphy USA, Inc. | &nbsp;&nbsp; 45301625 |
| 1622486 | Tractor Supply Co. | &nbsp;&nbsp; 78528322 |
| 589114 | Valvoline, Inc.<sup>\*</sup> | &nbsp;&nbsp; 20377453 |
| 208752 | Winmark Corp.<sup>(a)</sup> | &nbsp;&nbsp; 88682025 |
|  |  | &nbsp;&nbsp; **358168124** |
| **Trading Companies & Distributors 2.4%** | **Trading Companies & Distributors 2.4%** | **Trading Companies & Distributors 2.4%** |
| 445358 | &nbsp;&nbsp; SiteOne Landscape Supply, <br> Inc.<sup>\*</sup><br>| &nbsp;&nbsp; 52022268 |

---

See Notes to Schedule of Investments

------

Schedule of Investments Genesis Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Trading Companies & Distributors – cont'd** | **Trading Companies & Distributors – cont'd** | **Trading Companies & Distributors – cont'd** |
| 535444 | Transcat, Inc.<sup>\*(a)</sup> | &nbsp;&nbsp; $46787097 |
| 260516 | Watsco, Inc. | &nbsp;&nbsp; 115557082 |
|  |  | &nbsp;&nbsp; **214366447** |
| **Water Utilities 0.9%** | **Water Utilities 0.9%** | **Water Utilities 0.9%** |
| 1070130 | American States Water Co. | &nbsp;&nbsp; **84401154** |
| **Total Common Stocks** <br> **(Cost $5,796,195,806)** | **Total Common Stocks** <br> **(Cost $5,796,195,806)** | &nbsp;&nbsp; **9062901399** |
| **Short-Term Investments 0.8%** | **Short-Term Investments 0.8%** | **Short-Term Investments 0.8%** |
| **Investment Companies 0.8%** | **Investment Companies 0.8%** | **Investment Companies 0.8%** |
| 6391047 | &nbsp;&nbsp; State Street Institutional <br> Treasury Money Market Fund <br> Premier Class, 4.22%<sup>(b)</sup><br>| &nbsp;&nbsp; 6391047 |

---

---

| | |
|:---|:---|
| **Number of Shares** | **Value** |
| **Investment Companies – cont'd** | **Investment Companies – cont'd** |
| 65427945<br> &nbsp;&nbsp; State Street Institutional <br> Treasury Plus Money Market <br> Fund Premier Class, 4.25%<sup>(b)</sup><br>| &nbsp;&nbsp; $65427945 |
| **Total Short-Term Investments** <br> **(Cost $71,818,992)** | &nbsp;&nbsp; **71818992** |
| **Total Investments 100.1%** <br> **(Cost $5,868,014,798)** | &nbsp;&nbsp; **9134720391** |
| Liabilities Less Other Assets (0.1)% | &nbsp;&nbsp; (5038501)<br>|
| **Net Assets 100.0%** | &nbsp;&nbsp; **$9129681890** |

---

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

\* Non-income producing security. <br> (a) Affiliated company (see Note § below). <br> (b) Represents 7-day effective yield as of May 31, 2025.

See Notes to Schedule of Investments

------

Schedule of Investments Genesis Fund^ (Unaudited) (cont'd)

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Investments: |  |  |  |  |
| Common Stocks<sup>#</sup> <br>| $9062901399 | $— | $— | $9062901399 |
| Short-Term Investments |  | 71818992 |  | 71818992 |
| **Total Investments** | **$9062901399** | **$71818992** | **$—** | **$9134720391** |

---

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

# The Schedule of Investments provides information on the industry or sector categorization.

§ Investments in Affiliates<sup>(a)</sup>:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value at** <br>**August 31,** <br>**2024**<br>| **Purchases** | **Sales/** <br>**Other** <br>**Reductions**<br>| **Change in** <br>**Net Unrealized** <br>**Appreciation/** <br>**(Depreciation)** <br>**from** <br>**Investments** <br>**in Affiliated** <br>**Persons**<br>| **Net Realized** <br>**Gain/(Loss)** <br>**from** <br>**Investments** <br>**in Affiliated** <br>**Persons**<br>| **Distributions** <br>**from** <br>**Investments** <br>**in Affiliated** <br>**Persons**<br>| **Shares** <br>**Held at** <br>**May 31,** <br>**2025**<br>| **Value at** <br>**May 31,** <br>**2025**<br>|
| **Genesis** |  |  |  |  |  |  |  |  |
| AMERISAFE, Inc. | $59663349 | $370063 | $1832981 | $(2789551)<br>| $(302815)<br>| $4914166 | 1160903 | $55108065 |
| CRA International, <br> Inc.<br>| 69891613 | 448118 | 1581284 | 8222138 | 615500 | 582862 | 408293 | 77596085 |
| Lindsay Corp. | 63662088 | 21669017 | 2587813 | 8946859 | 388289 | 668157 | 660534 | 92078440 |
| Sitio Royalties <br> Corp.<br>| 89788015 | 3610386 | 2082129 | (20500135)<br>| (878077)<br>| 4329482 | 4097133 | 69938060 |
| Transcat, Inc. | 62405450 | 3683946 | 1012501 | (18578887)<br>| 289089 | —\* | 535444 | 46787097 |
| Winmark Corp. | 76168456 | 523848 | 1374285 | 13244509 | 119497 | 2167460 | 208752 | 88682025 |
| **Total for** <br> **affiliates held as** <br> **of 5/31/25**<sup>(b)</sup><br>| **$421578971** | **$30305378** | **$10470993** | **$(11455067)**<br>| **$231483** | **$12662127** |  | **$430189772** |
| Standex <br> International Corp.<br>| 105148566 | 2795748 | 2684323 | (17067589)<br>| 395642 | 569451 | 586909 | 88588044 |
| Stevanato Group <br> SpA<br>| 54954902 | 330960 | 1620193 | 1070914 | (326991)<br>|  | 2449779 | 54409592 |
| **Total for** <br> **securities no** <br> **longer affiliated** <br> **as of 5/31/25**<sup>(c)</sup><br>| **$160103468** | **$3126708** | **$4304516** | **$(15996675)**<br>| **$68651** | **$569451** |  | **$142997636** |

---

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

\* Non-income producing security.

(a) Affiliated persons, as defined in the Investment Company Act of 1940, as amended.

(b) At May 31, 2025, these securities amounted to 4.71% of net assets of the Fund.

(c) At May 31, 2025, the issuers of these securities were no longer affiliated with the Fund.

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Schedule of Investments

------

Schedule of Investments International Equity Fund^ (Unaudited)

May 31, 2025

&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Common Stocks 95.5%** | **Common Stocks 95.5%** | **Common Stocks 95.5%** |
| **Australia 0.7%** | **Australia 0.7%** | **Australia 0.7%** |
| 2090006 | Steadfast Group Ltd. | &nbsp;&nbsp; **$7759973** |
| **Austria 2.8%** | **Austria 2.8%** | **Austria 2.8%** |
| 122862 | BAWAG Group AG<sup>\*(a)</sup> | &nbsp;&nbsp; 15275652 |
| 213682 | Erste Group Bank AG | &nbsp;&nbsp; 17189999 |
|  |  | &nbsp;&nbsp; **32465651** |
| **Belgium 2.3%** | **Belgium 2.3%** | **Belgium 2.3%** |
| 244882 | Anheuser-Busch InBev SA | &nbsp;&nbsp; 17250302 |
| 594266 | Azelis Group NV<sup>(b)</sup> | &nbsp;&nbsp; 9831245 |
|  |  | &nbsp;&nbsp; **27081547** |
| **Canada 2.0%** | **Canada 2.0%** | **Canada 2.0%** |
| 105123 | Kinaxis, Inc.<sup>\*</sup> | &nbsp;&nbsp; 14970079 |
| 375630 | &nbsp;&nbsp; Triple Flag Precious Metals <br> Corp.<br>| &nbsp;&nbsp; 8230053 |
|  |  | &nbsp;&nbsp; **23200132** |
| **Denmark 2.8%** | **Denmark 2.8%** | **Denmark 2.8%** |
| 59069 | DSV AS | &nbsp;&nbsp; 13909834 |
| 266626 | Novo Nordisk AS Class B | &nbsp;&nbsp; 18943192 |
|  |  | &nbsp;&nbsp; **32853026** |
| **France 9.5%** | **France 9.5%** | **France 9.5%** |
| 237920 | Accor SA | &nbsp;&nbsp; 12629339 |
| 421578 | Bureau Veritas SA | &nbsp;&nbsp; 14398718 |
| 63914 | Capgemini SE | &nbsp;&nbsp; 10613532 |
| 81773 | Cie de Saint-Gobain SA | &nbsp;&nbsp; 9177211 |
| 287958 | Edenred SE | &nbsp;&nbsp; 8991453 |
| 327033 | Exosens SAS | &nbsp;&nbsp; 16097141 |
| 18534 | L'Oreal SA | &nbsp;&nbsp; 7836947 |
| 25353 | &nbsp;&nbsp; LVMH Moet Hennessy Louis <br> Vuitton SE<br>| &nbsp;&nbsp; 13767415 |
| 50093 | Nexans SA | &nbsp;&nbsp; 5761752 |
| 38894 | Safran SA | &nbsp;&nbsp; 11543998 |
|  |  | &nbsp;&nbsp; **110817506** |
| **Germany 10.6%** | **Germany 10.6%** | **Germany 10.6%** |
| 196783 | Bayer AG | &nbsp;&nbsp; 5526721 |
| 32506 | Deutsche Boerse AG | &nbsp;&nbsp; 10463685 |
| 108137 | KION Group AG | &nbsp;&nbsp; 5021873 |
| 75274 | Merck KGaA | &nbsp;&nbsp; 9871770 |
| 308462 | RWE AG | &nbsp;&nbsp; 11603558 |
| 40274 | SAP SE ADR | &nbsp;&nbsp; 12197384 |
| 97052 | Siemens AG | &nbsp;&nbsp; 23339874 |
| 186429 | Siemens Energy AG<sup>\*</sup> | &nbsp;&nbsp; 18098711 |
| 248132 | Siemens Healthineers AG<sup>(a)</sup> | &nbsp;&nbsp; 13123519 |
| 121326 | Symrise AG | &nbsp;&nbsp; 14471648 |
|  |  | &nbsp;&nbsp; **123718743** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Ireland 1.6%** | **Ireland 1.6%** | **Ireland 1.6%** |
| 659107 | Bank of Ireland Group PLC | &nbsp;&nbsp; $9040468 |
| 89787 | Kerry Group PLC Class A | &nbsp;&nbsp; 9807461 |
|  |  | &nbsp;&nbsp; **18847929** |
| **Italy 4.7%** | **Italy 4.7%** | **Italy 4.7%** |
| 304367 | Amplifon SpA<sup>(b)</sup> | &nbsp;&nbsp; 6991357 |
| 539749 | Intercos SpA<sup>(b)</sup> | &nbsp;&nbsp; 8751613 |
| 213898 | Leonardo SpA | &nbsp;&nbsp; 13168439 |
| 85541 | Prysmian SpA | &nbsp;&nbsp; 5497419 |
| 321031 | UniCredit SpA | &nbsp;&nbsp; 20616951 |
|  |  | &nbsp;&nbsp; **55025779** |
| **Japan 12.3%** | **Japan 12.3%** | **Japan 12.3%** |
| 1136300 | Azbil Corp. | &nbsp;&nbsp; 10036744 |
| 414600 | Daiei Kankyo Co. Ltd. | &nbsp;&nbsp; 8744647 |
| 349100 | Daifuku Co. Ltd. | &nbsp;&nbsp; 9384057 |
| 679500 | Fujitsu Ltd. | &nbsp;&nbsp; 15668237 |
| 447900 | Hitachi Ltd. | &nbsp;&nbsp; 12593929 |
| 332900 | Kokusai Electric Corp.<sup>(b)</sup> | &nbsp;&nbsp; 6945104 |
| 673100 | &nbsp;&nbsp; Mitsubishi UFJ Financial <br> Group, Inc.<br>| &nbsp;&nbsp; 9474715 |
| 154100 | Oracle Corp. Japan<sup>(b)</sup> | &nbsp;&nbsp; 18093190 |
| 574700 | Renesas Electronics Corp. | &nbsp;&nbsp; 7121096 |
| 1649200 | Resona Holdings, Inc. | &nbsp;&nbsp; 14664522 |
| 326300 | Simplex Holdings, Inc. | &nbsp;&nbsp; 8503596 |
| 24075 | SMC Corp. | &nbsp;&nbsp; 9059809 |
| 85000 | Tokyo Electron Ltd. | &nbsp;&nbsp; 13586296 |
|  |  | &nbsp;&nbsp; **143875942** |
| **Korea 0.8%** | **Korea 0.8%** | **Korea 0.8%** |
| 136405 | Kia Corp. | &nbsp;&nbsp; **8838593** |
| **Luxembourg 1.6%** | **Luxembourg 1.6%** | **Luxembourg 1.6%** |
| 276740 | ArcelorMittal SA | &nbsp;&nbsp; 8396078 |
| 153265 | Eurofins Scientific SE<sup>(b)</sup> | &nbsp;&nbsp; 10222214 |
|  |  | &nbsp;&nbsp; **18618292** |
| **Netherlands 6.6%** | **Netherlands 6.6%** | **Netherlands 6.6%** |
| 4853 | Adyen NV<sup>\*(a)</sup> | &nbsp;&nbsp; 9310269 |
| 18225 | ASM International NV | &nbsp;&nbsp; 9924640 |
| 11798 | ASML Holding NV | &nbsp;&nbsp; 8759671 |
| 180841 | Heineken NV | &nbsp;&nbsp; 16102444 |
| 868567 | ING Groep NV | &nbsp;&nbsp; 18422487 |
| 471730 | Universal Music Group NV<sup>(b)</sup> | &nbsp;&nbsp; 15083225 |
|  |  | &nbsp;&nbsp; **77602736** |
| **Spain 0.7%** | **Spain 0.7%** | **Spain 0.7%** |
| 348724 | Fluidra SA | &nbsp;&nbsp; **8552708** |
| **Sweden 1.6%** | **Sweden 1.6%** | **Sweden 1.6%** |
| 500538 | Epiroc AB Class A | &nbsp;&nbsp; 11199120 |

---

See Notes to Schedule of Investments

------

Schedule of Investments International Equity Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Sweden – cont'd** | **Sweden – cont'd** | **Sweden – cont'd** |
| 346751 | Sandvik AB | &nbsp;&nbsp; $7573802 |
|  |  | &nbsp;&nbsp; **18772922** |
| **Switzerland 6.2%** | **Switzerland 6.2%** | **Switzerland 6.2%** |
| 74750 | DSM-Firmenich AG | &nbsp;&nbsp; 8319437 |
| 90125 | Galderma Group AG | &nbsp;&nbsp; 11794001 |
| 18636 | Lonza Group AG | &nbsp;&nbsp; 12888956 |
| 7745 | Partners Group Holding AG | &nbsp;&nbsp; 10370583 |
| 184013 | Sandoz Group AG | &nbsp;&nbsp; 9330331 |
| 27746 | Sonova Holding AG | &nbsp;&nbsp; 8684532 |
| 16876 | Tecan Group AG<sup>(b)</sup> | &nbsp;&nbsp; 3356745 |
| 111164 | Temenos AG<sup>(b)</sup> | &nbsp;&nbsp; 8246127 |
|  |  | &nbsp;&nbsp; **72990712** |
| **United Kingdom 23.1%** | **United Kingdom 23.1%** | **United Kingdom 23.1%** |
| 183832 | Ashtead Group PLC | &nbsp;&nbsp; 10737185 |
| 143128 | AstraZeneca PLC | &nbsp;&nbsp; 20672814 |
| 571110 | BAE Systems PLC | &nbsp;&nbsp; 14631751 |
| 2834889 | Barclays PLC | &nbsp;&nbsp; 12509144 |
| 644965 | Beazley PLC | &nbsp;&nbsp; 8198951 |
| 3054093 | Chemring Group PLC | &nbsp;&nbsp; 19875113 |
| 180751 | &nbsp;&nbsp; Coca-Cola Europacific <br> Partners PLC<br>| &nbsp;&nbsp; 16591134 |
| 347237 | Compass Group PLC | &nbsp;&nbsp; 12187481 |
| 4482560 | ConvaTec Group PLC<sup>(a)</sup> | &nbsp;&nbsp; 17502686 |
| 310934 | Experian PLC | &nbsp;&nbsp; 15471333 |
| 2923230 | GlobalData PLC | &nbsp;&nbsp; 7050116 |
| 706452 | Hiscox Ltd. | &nbsp;&nbsp; 12002673 |
| 325301 | &nbsp;&nbsp; Intermediate Capital Group <br> PLC<br>| &nbsp;&nbsp; 8792180 |
| 123924 | &nbsp;&nbsp; London Stock Exchange <br> Group PLC<br>| &nbsp;&nbsp; 18825746 |
| 2664849 | NatWest Group PLC | &nbsp;&nbsp; 18835672 |
| 315833 | RELX PLC | &nbsp;&nbsp; 16995963 |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **United Kingdom – cont'd** | **United Kingdom – cont'd** | **United Kingdom – cont'd** |
| 737154 | St. James's Place PLC | &nbsp;&nbsp; $11069258 |
| 317084 | Unilever PLC | &nbsp;&nbsp; 20161852 |
| 547290 | Wise PLC Class A<sup>\*</sup> | &nbsp;&nbsp; 8103925 |
|  |  | &nbsp;&nbsp; **270214977** |
| **United States 5.6%** | **United States 5.6%** | **United States 5.6%** |
| 144231 | Alcon AG | &nbsp;&nbsp; 12395212 |
| 20758 | Aon PLC Class A | &nbsp;&nbsp; 7723637 |
| 3570296 | Haleon PLC | &nbsp;&nbsp; 19910395 |
| 50612 | ICON PLC<sup>\*</sup> | &nbsp;&nbsp; 6593731 |
| 245555 | Schlumberger NV | &nbsp;&nbsp; 8115593 |
| 321027 | Shell PLC | &nbsp;&nbsp; 10594957 |
|  |  | &nbsp;&nbsp; **65333525** |
| **Total Common Stocks** <br>**(Cost $931,509,804)** | **Total Common Stocks** <br>**(Cost $931,509,804)** | &nbsp;&nbsp; **1116570693** |
| **Short-Term Investments 3.6%** | **Short-Term Investments 3.6%** | **Short-Term Investments 3.6%** |
| **Investment Companies 3.6%** | **Investment Companies 3.6%** | **Investment Companies 3.6%** |
| 41976561 | &nbsp;&nbsp; State Street Institutional <br> Treasury Money Market Fund <br> Premier Class, 4.22%<sup>(c)</sup><br>| &nbsp;&nbsp; 41976561 |
| 526677 | &nbsp;&nbsp; State Street Navigator <br> Securities Lending <br> Government Money Market <br> Portfolio, 4.31%<sup>(c)(d)</sup><br>| &nbsp;&nbsp; 526677 |
| **Total Short-Term Investments** <br>**(Cost $42,503,238)** | **Total Short-Term Investments** <br>**(Cost $42,503,238)** | &nbsp;&nbsp; **42503238** |
| **Total Investments 99.1%** <br> **(Cost $974,013,042)** | **Total Investments 99.1%** <br> **(Cost $974,013,042)** | &nbsp;&nbsp; **1159073931** |
| Other Assets Less Liabilities 0.9% | Other Assets Less Liabilities 0.9% | &nbsp;&nbsp; 10271863 |
| **Net Assets 100.0%** | **Net Assets 100.0%** | &nbsp;&nbsp; **$1169345794** |

---

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

\* Non-income producing security.

(a) Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities offerings that are made outside of the United States and do not involve directed selling efforts in the United States and as such may have restrictions on resale. Total value of all such securities at May 31, 2025 amounted to $55,212,126, which represents 4.7% of net assets of the Fund. 

(b) All or a portion of this security is on loan at May 31, 2025. Total value of all such securities at May 31, 2025 amounted to $36,941,305, collateralized by cash collateral of $526,677 and non-cash (U.S. Treasury Securities) collateral of $38,597,999 for the Fund. 

(c) Represents 7-day effective yield as of May 31, 2025.

(d) Represents investment of cash collateral received from securities lending.

See Notes to Schedule of Investments

------

Schedule of Investments International Equity Fund^ (Unaudited) (cont'd)

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

---

| | | |
|:---|:---|:---|
| **POSITIONS BY INDUSTRY** | **POSITIONS BY INDUSTRY** | **POSITIONS BY INDUSTRY** |
| **Industry** | **Investments at** <br>**Value**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Percentage of** <br>**Net Assets**<br>|
| Banks | &nbsp;&nbsp; $136029610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.6<br> %<br>|
| Pharmaceuticals | &nbsp;&nbsp; 96049224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.2<br> %<br>|
| Aerospace & Defense | &nbsp;&nbsp; 75316442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.4<br> %<br>|
| Capital Markets | &nbsp;&nbsp; 59521452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.1<br> %<br>|
| Professional Services | &nbsp;&nbsp; 53916130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.6<br> %<br>|
| Software | &nbsp;&nbsp; 53506780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.6<br> %<br>|
| Health Care Equipment & Supplies | &nbsp;&nbsp; 51705949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.4<br> %<br>|
| Machinery | &nbsp;&nbsp; 50791369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.3<br> %<br>|
| Beverages | &nbsp;&nbsp; 49943880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.3<br> %<br>|
| Semiconductors & Semiconductor Equipment | &nbsp;&nbsp; 46336807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.0<br> %<br>|
| Personal Care Products | &nbsp;&nbsp; 36750412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.1<br> %<br>|
| Industrial Conglomerates | &nbsp;&nbsp; 35933803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.1<br> %<br>|
| Insurance | &nbsp;&nbsp; 35685234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.1<br> %<br>|
| IT Services | &nbsp;&nbsp; 34785365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.0<br> %<br>|
| Life Sciences Tools & Services | &nbsp;&nbsp; 33061646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.8<br> %<br>|
| Electrical Equipment | &nbsp;&nbsp; 29357882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.5<br> %<br>|
| Financial Services | &nbsp;&nbsp; 26405647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.3<br> %<br>|
| Hotels, Restaurants & Leisure | &nbsp;&nbsp; 24816820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.1<br> %<br>|
| Chemicals | &nbsp;&nbsp; 22791085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.9<br> %<br>|
| Trading Companies & Distributors | &nbsp;&nbsp; 20568430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.8<br> %<br>|
| Metals & Mining | &nbsp;&nbsp; 16626131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.4<br> %<br>|
| Entertainment | &nbsp;&nbsp; 15083225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.3<br> %<br>|
| Air Freight & Logistics | &nbsp;&nbsp; 13909834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.2<br> %<br>|
| Textiles, Apparel & Luxury Goods | &nbsp;&nbsp; 13767415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.2<br> %<br>|
| Independent Power and Renewable Electricity Producers | &nbsp;&nbsp; 11603558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.0<br> %<br>|
| Oil, Gas & Consumable Fuels | &nbsp;&nbsp; 10594957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.9<br> %<br>|
| Electronic Equipment, Instruments & Components | &nbsp;&nbsp; 10036744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.9<br> %<br>|
| Food Products | &nbsp;&nbsp; 9807461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.8<br> %<br>|
| Building Products | &nbsp;&nbsp; 9177211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.8<br> %<br>|
| Automobiles | &nbsp;&nbsp; 8838593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.8<br> %<br>|
| Commercial Services & Supplies | &nbsp;&nbsp; 8744647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.7<br> %<br>|
| Energy Equipment & Services | &nbsp;&nbsp; 8115593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.7<br> %<br>|
| Health Care Providers & Services | &nbsp;&nbsp; 6991357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.6<br> %<br>|
| Short-Term Investments and Other Assets—Net | &nbsp;&nbsp; 52775101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.5<br> %<br>|
|  | &nbsp;&nbsp; **$1169345794** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **100.0%**<br>|

---

See Notes to Schedule of Investments

------

Schedule of Investments International Equity Fund^ (Unaudited) (cont'd)

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Investments: |  |  |  |  |
| Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Denmark | $— | $32853026 | $— | $32853026 |
| &nbsp;&nbsp;&nbsp; Other Common Stocks<sup>#</sup> <br>| 1083717667 |  |  | 1083717667 |
| Total Common Stocks | 1083717667 | 32853026 |  | 1116570693 |
| Short-Term Investments |  | 42503238 |  | 42503238 |
| **Total Investments** | **$1083717667** | **$75356264** | **$—** | **$1159073931** |

---

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

# The Schedule of Investments provides a geographic categorization as well as a Positions by Industry summary.

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Schedule of Investments

------

Schedule of Investments International Select Fund^ (Unaudited)

May 31, 2025

&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Common Stocks 98.2%** | **Common Stocks 98.2%** | **Common Stocks 98.2%** |
| **Austria 2.9%** | **Austria 2.9%** | **Austria 2.9%** |
| 24381 | BAWAG Group AG<sup>\*(a)</sup> | &nbsp;&nbsp; $3031333 |
| 41677 | Erste Group Bank AG | &nbsp;&nbsp; 3352775 |
|  |  | &nbsp;&nbsp; **6384108** |
| **Belgium 1.5%** | **Belgium 1.5%** | **Belgium 1.5%** |
| 48596 | Anheuser-Busch InBev SA | &nbsp;&nbsp; **3423264** |
| **Canada 1.4%** | **Canada 1.4%** | **Canada 1.4%** |
| 22249 | Kinaxis, Inc.<sup>\*</sup> | &nbsp;&nbsp; **3168377** |
| **Denmark 2.9%** | **Denmark 2.9%** | **Denmark 2.9%** |
| 11707 | DSV AS | &nbsp;&nbsp; 2756817 |
| 51725 | Novo Nordisk AS Class B | &nbsp;&nbsp; 3674948 |
|  |  | &nbsp;&nbsp; **6431765** |
| **France 10.0%** | **France 10.0%** | **France 10.0%** |
| 46405 | Accor SA | &nbsp;&nbsp; 2463284 |
| 81552 | AXA SA | &nbsp;&nbsp; 3843752 |
| 90352 | Bureau Veritas SA | &nbsp;&nbsp; 3085913 |
| 15475 | Capgemini SE | &nbsp;&nbsp; 2569772 |
| 16206 | Cie de Saint-Gobain SA | &nbsp;&nbsp; 1818765 |
| 7058 | L'Oreal SA | &nbsp;&nbsp; 2984416 |
| 5911 | &nbsp;&nbsp; LVMH Moet Hennessy Louis <br> Vuitton SE<br>| &nbsp;&nbsp; 3209845 |
| 7645 | Safran SA | &nbsp;&nbsp; 2269087 |
|  |  | &nbsp;&nbsp; **22244834** |
| **Germany 11.9%** | **Germany 11.9%** | **Germany 11.9%** |
| 39051 | Bayer AG | &nbsp;&nbsp; 1096761 |
| 6450 | Deutsche Boerse AG | &nbsp;&nbsp; 2076256 |
| 21085 | KION Group AG | &nbsp;&nbsp; 979186 |
| 14577 | Merck KGaA | &nbsp;&nbsp; 1911693 |
| 60730 | RWE AG | &nbsp;&nbsp; 2284509 |
| 11697 | SAP SE ADR | &nbsp;&nbsp; 3542553 |
| 21247 | Siemens AG | &nbsp;&nbsp; 5109656 |
| 36764 | Siemens Energy AG<sup>\*</sup> | &nbsp;&nbsp; 3569085 |
| 49240 | Siemens Healthineers AG<sup>(a)</sup> | &nbsp;&nbsp; 2604267 |
| 28211 | Symrise AG | &nbsp;&nbsp; 3364981 |
|  |  | &nbsp;&nbsp; **26538947** |
| **Ireland 2.2%** | **Ireland 2.2%** | **Ireland 2.2%** |
| 129930 | Bank of Ireland Group PLC | &nbsp;&nbsp; 1782151 |
| 27593 | Kerry Group PLC Class A | &nbsp;&nbsp; 3013991 |
|  |  | &nbsp;&nbsp; **4796142** |
| **Italy 5.3%** | **Italy 5.3%** | **Italy 5.3%** |
| 74577 | Amplifon SpA<sup>(b)</sup> | &nbsp;&nbsp; 1713045 |
| 54837 | Leonardo SpA | &nbsp;&nbsp; 3375991 |
| 40698 | Prysmian SpA | &nbsp;&nbsp; 2615517 |
| 61589 | UniCredit SpA | &nbsp;&nbsp; 3955311 |
|  |  | &nbsp;&nbsp; **11659864** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Japan 12.4%** | **Japan 12.4%** | **Japan 12.4%** |
| 38000 | Bridgestone Corp. | &nbsp;&nbsp; $1641266 |
| 133400 | Fujitsu Ltd. | &nbsp;&nbsp; 3076001 |
| 109900 | Hitachi Ltd. | &nbsp;&nbsp; 3090138 |
| 2600 | Keyence Corp. | &nbsp;&nbsp; 1097495 |
| 64700 | Kokusai Electric Corp.<sup>(b)</sup> | &nbsp;&nbsp; 1349800 |
| 133600 | &nbsp;&nbsp; Mitsubishi UFJ Financial Group, <br> Inc.<br>| &nbsp;&nbsp; 1880585 |
| 32000 | Oracle Corp. Japan<sup>(b)</sup> | &nbsp;&nbsp; 3757184 |
| 134000 | Renesas Electronics Corp. | &nbsp;&nbsp; 1660391 |
| 327300 | Resona Holdings, Inc. | &nbsp;&nbsp; 2910319 |
| 5500 | SMC Corp. | &nbsp;&nbsp; 2069738 |
| 92200 | Sony Group Corp. | &nbsp;&nbsp; 2441238 |
| 16500 | Tokyo Electron Ltd. | &nbsp;&nbsp; 2637340 |
|  |  | &nbsp;&nbsp; **27611495** |
| **Korea 0.9%** | **Korea 0.9%** | **Korea 0.9%** |
| 29525 | Kia Corp. | &nbsp;&nbsp; **1913122** |
| **Luxembourg 2.1%** | **Luxembourg 2.1%** | **Luxembourg 2.1%** |
| 54483 | ArcelorMittal SA | &nbsp;&nbsp; 1652972 |
| 59026 | CVC Capital Partners PLC<sup>(a)</sup> | &nbsp;&nbsp; 1097135 |
| 29842 | Eurofins Scientific SE<sup>(b)</sup> | &nbsp;&nbsp; 1990352 |
|  |  | &nbsp;&nbsp; **4740459** |
| **Netherlands 8.4%** | **Netherlands 8.4%** | **Netherlands 8.4%** |
| 1233 | Adyen NV<sup>\*(a)</sup> | &nbsp;&nbsp; 2365457 |
| 3571 | ASM International NV | &nbsp;&nbsp; 1944631 |
| 2322 | ASML Holding NV | &nbsp;&nbsp; 1724017 |
| 35887 | Heineken NV | &nbsp;&nbsp; 3195450 |
| 16060 | IMCD NV<sup>(b)</sup> | &nbsp;&nbsp; 2179122 |
| 170853 | ING Groep NV | &nbsp;&nbsp; 3623828 |
| 109838 | Universal Music Group NV<sup>(b)</sup> | &nbsp;&nbsp; 3511990 |
|  |  | &nbsp;&nbsp; **18544495** |
| **Sweden 1.6%** | **Sweden 1.6%** | **Sweden 1.6%** |
| 96958 | Epiroc AB Class A<sup>(b)</sup> | &nbsp;&nbsp; 2169354 |
| 67168 | Sandvik AB | &nbsp;&nbsp; 1467097 |
|  |  | &nbsp;&nbsp; **3636451** |
| **Switzerland 6.0%** | **Switzerland 6.0%** | **Switzerland 6.0%** |
| 19308 | DSM-Firmenich AG | &nbsp;&nbsp; 2148919 |
| 21745 | Galderma Group AG | &nbsp;&nbsp; 2845609 |
| 4140 | Lonza Group AG | &nbsp;&nbsp; 2863290 |
| 1525 | Partners Group Holding AG | &nbsp;&nbsp; 2041981 |
| 36195 | Sandoz Group AG | &nbsp;&nbsp; 1835258 |
| 5363 | Sonova Holding AG | &nbsp;&nbsp; 1678626 |
|  |  | &nbsp;&nbsp; **13413683** |
| **United Kingdom 21.6%** | **United Kingdom 21.6%** | **United Kingdom 21.6%** |
| 36009 | Ashtead Group PLC | &nbsp;&nbsp; 2103199 |
| 31970 | AstraZeneca PLC | &nbsp;&nbsp; 4617614 |
| 223496 | BAE Systems PLC | &nbsp;&nbsp; 5725934 |

---

See Notes to Schedule of Investments

------

Schedule of Investments International Select Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **United Kingdom – cont'd** | **United Kingdom – cont'd** | **United Kingdom – cont'd** |
| 669721 | Barclays PLC | &nbsp;&nbsp; $2955190 |
| 35869 | &nbsp;&nbsp; Coca-Cola Europacific Partners <br> PLC<br>| &nbsp;&nbsp; 3292415 |
| 78849 | Compass Group PLC | &nbsp;&nbsp; 2767478 |
| 883652 | ConvaTec Group PLC<sup>(a)</sup> | &nbsp;&nbsp; 3450324 |
| 70321 | Experian PLC | &nbsp;&nbsp; 3499005 |
| 64015 | Intermediate Capital Group PLC | &nbsp;&nbsp; 1730186 |
| 26255 | &nbsp;&nbsp; London Stock Exchange Group <br> PLC<br>| &nbsp;&nbsp; 3988493 |
| 519610 | NatWest Group PLC | &nbsp;&nbsp; 3672705 |
| 76474 | RELX PLC | &nbsp;&nbsp; 4115306 |
| 62411 | Unilever PLC | &nbsp;&nbsp; 3968416 |
| 135373 | Wise PLC Class A<sup>\*</sup> | &nbsp;&nbsp; 2004518 |
|  |  | &nbsp;&nbsp; **47890783** |
| **United States 7.1%** | **United States 7.1%** | **United States 7.1%** |
| 27954 | Alcon AG<sup>(b)</sup> | &nbsp;&nbsp; 2402367 |
| 7459 | Aon PLC Class A | &nbsp;&nbsp; 2775345 |
| 708502 | Haleon PLC | &nbsp;&nbsp; 3951088 |
| 9807 | ICON PLC<sup>\*</sup> | &nbsp;&nbsp; 1277656 |
| 8991 | Royal Gold, Inc. | &nbsp;&nbsp; 1601477 |
| 52574 | Schlumberger NV | &nbsp;&nbsp; 1737571 |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **United States – cont'd** | **United States – cont'd** | **United States – cont'd** |
| 62184 | Shell PLC | &nbsp;&nbsp; $2052278 |
|  |  | &nbsp;&nbsp; **15797782** |
| **Total Common Stocks** <br>**(Cost $184,153,666)** | **Total Common Stocks** <br>**(Cost $184,153,666)** | &nbsp;&nbsp; **218195571** |
| **Short-Term Investments 1.0%** | **Short-Term Investments 1.0%** | **Short-Term Investments 1.0%** |
| **Investment Companies 1.0%** | **Investment Companies 1.0%** | **Investment Companies 1.0%** |
| 2177847 | &nbsp;&nbsp; State Street Institutional <br> Treasury Money Market Fund <br> Premier Class, 4.22%<sup>(c)</sup><br>| &nbsp;&nbsp; 2177847 |
| 107246 | &nbsp;&nbsp; State Street Navigator Securities <br> Lending Government Money <br> Market Portfolio, 4.31%<sup>(c)(d)</sup><br>| &nbsp;&nbsp; 107246 |
| **Total Short-Term Investments** <br>**(Cost $2,285,093)** | **Total Short-Term Investments** <br>**(Cost $2,285,093)** | &nbsp;&nbsp; **2285093** |
| **Total Investments 99.2%** <br> **(Cost $186,438,759)** | **Total Investments 99.2%** <br> **(Cost $186,438,759)** | &nbsp;&nbsp; **220480664** |
| Other Assets Less Liabilities 0.8% | Other Assets Less Liabilities 0.8% | &nbsp;&nbsp; 1724837 |
| **Net Assets 100.0%** | **Net Assets 100.0%** | &nbsp;&nbsp; **$222205501** |

---

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

\* Non-income producing security.

(a) Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities offerings that are made outside of the United States and do not involve directed selling efforts in the United States and as such may have restrictions on resale. Total value of all such securities at May 31, 2025 amounted to $12,548,516, which represents 5.6% of net assets of the Fund. 

(b) All or a portion of this security is on loan at May 31, 2025. Total value of all such securities at May 31, 2025 amounted to $15,300,130, collateralized by cash collateral of $107,246 and non-cash (U.S. Treasury Securities) collateral of $16,020,977 for the Fund. 

(c) Represents 7-day effective yield as of May 31, 2025.

(d) Represents investment of cash collateral received from securities lending.

See Notes to Schedule of Investments

------

Schedule of Investments International Select Fund^ (Unaudited) (cont'd)

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

---

| | | |
|:---|:---|:---|
| **POSITIONS BY INDUSTRY** | **POSITIONS BY INDUSTRY** | **POSITIONS BY INDUSTRY** |
| **Industry** | **Investments at** <br>**Value**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Percentage of** <br>**Net Assets**<br>|
| Banks | &nbsp;&nbsp; $27164197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.2<br> %<br>|
| Pharmaceuticals | &nbsp;&nbsp; 19932971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.0<br> %<br>|
| Aerospace & Defense | &nbsp;&nbsp; 11371012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.1<br> %<br>|
| Capital Markets | &nbsp;&nbsp; 10934051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.9<br> %<br>|
| Professional Services | &nbsp;&nbsp; 10700224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.8<br> %<br>|
| Software | &nbsp;&nbsp; 10468114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.7<br> %<br>|
| Health Care Equipment & Supplies | &nbsp;&nbsp; 10135584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.6<br> %<br>|
| Beverages | &nbsp;&nbsp; 9911129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.5<br> %<br>|
| Semiconductors & Semiconductor Equipment | &nbsp;&nbsp; 9316179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.2<br> %<br>|
| Industrial Conglomerates | &nbsp;&nbsp; 8199794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.7<br> %<br>|
| Personal Care Products | &nbsp;&nbsp; 6952832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.1<br> %<br>|
| Machinery | &nbsp;&nbsp; 6685375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.0<br> %<br>|
| Insurance | &nbsp;&nbsp; 6619097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.0<br> %<br>|
| Electrical Equipment | &nbsp;&nbsp; 6184602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.8<br> %<br>|
| Life Sciences Tools & Services | &nbsp;&nbsp; 6131298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.8<br> %<br>|
| IT Services | &nbsp;&nbsp; 5645773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.5<br> %<br>|
| Chemicals | &nbsp;&nbsp; 5513900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.5<br> %<br>|
| Hotels, Restaurants & Leisure | &nbsp;&nbsp; 5230762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.3<br> %<br>|
| Financial Services | &nbsp;&nbsp; 4369975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.0<br> %<br>|
| Trading Companies & Distributors | &nbsp;&nbsp; 4282321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.9<br> %<br>|
| Entertainment | &nbsp;&nbsp; 3511990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.6<br> %<br>|
| Metals & Mining | &nbsp;&nbsp; 3254449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.5<br> %<br>|
| Textiles, Apparel & Luxury Goods | &nbsp;&nbsp; 3209845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.4<br> %<br>|
| Food Products | &nbsp;&nbsp; 3013991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.4<br> %<br>|
| Air Freight & Logistics | &nbsp;&nbsp; 2756817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.2<br> %<br>|
| Household Durables | &nbsp;&nbsp; 2441238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.1<br> %<br>|
| Independent Power and Renewable Electricity Producers | &nbsp;&nbsp; 2284509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.0<br> %<br>|
| Oil, Gas & Consumable Fuels | &nbsp;&nbsp; 2052278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.9<br> %<br>|
| Automobiles | &nbsp;&nbsp; 1913122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.9<br> %<br>|
| Building Products | &nbsp;&nbsp; 1818765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.8<br> %<br>|
| Energy Equipment & Services | &nbsp;&nbsp; 1737571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.8<br> %<br>|
| Health Care Providers & Services | &nbsp;&nbsp; 1713045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.8<br> %<br>|
| Automobile Components | &nbsp;&nbsp; 1641266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.7<br> %<br>|
| Electronic Equipment, Instruments & Components | &nbsp;&nbsp; 1097495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.5<br> %<br>|
| Short-Term Investments and Other Assets—Net | &nbsp;&nbsp; 4009930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.8<br> %<br>|
|  | &nbsp;&nbsp; **$222205501** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **100.0%**<br>|

---

See Notes to Schedule of Investments

------

Schedule of Investments International Select Fund^ (Unaudited) (cont'd)

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Investments: |  |  |  |  |
| Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Denmark | $— | $6431765 | $— | $6431765 |
| &nbsp;&nbsp;&nbsp; Other Common Stocks<sup>#</sup> <br>| 211763806 |  |  | 211763806 |
| Total Common Stocks | 211763806 | 6431765 |  | 218195571 |
| Short-Term Investments |  | 2285093 |  | 2285093 |
| **Total Investments** | **$211763806** | **$8716858** | **$—** | **$220480664** |

---

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

# The Schedule of Investments provides a geographic categorization as well as a Positions by Industry summary.

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Schedule of Investments

------

Schedule of Investments Intrinsic Value Fund^ (Unaudited)

May 31, 2025

&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Common Stocks 99.8%** | **Common Stocks 99.8%** | **Common Stocks 99.8%** |
| **Aerospace & Defense 1.5%** | **Aerospace & Defense 1.5%** | **Aerospace & Defense 1.5%** |
| 304533 | Mercury Systems, Inc.<sup>\*</sup> | &nbsp;&nbsp; **$14998250** |
| **Automobile Components 0.3%** | **Automobile Components 0.3%** | **Automobile Components 0.3%** |
| 32604 | Lear Corp. | &nbsp;&nbsp; **2948054** |
| **Banks 5.5%** | **Banks 5.5%** | **Banks 5.5%** |
| 719527 | Banc of California, Inc. | &nbsp;&nbsp; 9871911 |
| 118220 | Glacier Bancorp, Inc. | &nbsp;&nbsp; 4902583 |
| 1549226 | Huntington Bancshares, Inc. | &nbsp;&nbsp; 24214402 |
| 242123 | Texas Capital Bancshares, Inc.<sup>\*</sup> | &nbsp;&nbsp; 17357798 |
|  |  | &nbsp;&nbsp; **56346694** |
| **Building Products 2.1%** | **Building Products 2.1%** | **Building Products 2.1%** |
| 1034321 | Resideo Technologies, Inc.<sup>\*</sup> | &nbsp;&nbsp; **21410445** |
| **Commercial Services & Supplies 4.4%** | **Commercial Services & Supplies 4.4%** | **Commercial Services & Supplies 4.4%** |
| 49983 | Clean Harbors, Inc.<sup>\*</sup> | &nbsp;&nbsp; 11335645 |
| 1750159 | Enviri Corp.<sup>\*</sup> | &nbsp;&nbsp; 14263796 |
| 873822 | OPENLANE, Inc.<sup>\*</sup> | &nbsp;&nbsp; 20036738 |
|  |  | &nbsp;&nbsp; **45636179** |
| **Communications Equipment 6.8%** | **Communications Equipment 6.8%** | **Communications Equipment 6.8%** |
| 431092 | Ciena Corp.<sup>\*</sup> | &nbsp;&nbsp; 34513225 |
| 125230 | Harmonic, Inc.<sup>\*</sup> | &nbsp;&nbsp; 1129574 |
| 4366565 | &nbsp;&nbsp; Ribbon Communications, <br> Inc.<sup>\*(a)</sup><br>| &nbsp;&nbsp; 14758990 |
| 1468431 | Viasat, Inc.<sup>\*</sup> | &nbsp;&nbsp; 12819403 |
| 674355 | Viavi Solutions, Inc.<sup>\*</sup> | &nbsp;&nbsp; 6143374 |
|  |  | &nbsp;&nbsp; **69364566** |
| **Construction & Engineering 1.8%** | **Construction & Engineering 1.8%** | **Construction & Engineering 1.8%** |
| 217462 | Arcosa, Inc. | &nbsp;&nbsp; **18760447** |
| **Consumer Finance 0.6%** | **Consumer Finance 0.6%** | **Consumer Finance 0.6%** |
| 120254 | Bread Financial Holdings, Inc. | &nbsp;&nbsp; **6161815** |
| **Containers & Packaging 2.2%** | **Containers & Packaging 2.2%** | **Containers & Packaging 2.2%** |
| 129305 | Avery Dennison Corp. | &nbsp;&nbsp; **22981378** |
| **Electric Utilities 1.5%** | **Electric Utilities 1.5%** | **Electric Utilities 1.5%** |
| 351416 | Portland General Electric Co. | &nbsp;&nbsp; **14900038** |
| **Electrical Equipment 1.0%** | **Electrical Equipment 1.0%** | **Electrical Equipment 1.0%** |
| 1770180 | &nbsp;&nbsp; Babcock & Wilcox Enterprises, <br> Inc.<sup>\*</sup><br>| &nbsp;&nbsp; 1235939 |
| 472023 | Bloom Energy Corp. Class A<sup>\*</sup> | &nbsp;&nbsp; 8718265 |
|  |  | &nbsp;&nbsp; **9954204** |
| **Electronic Equipment, Instruments & Components 6.4%** | **Electronic Equipment, Instruments & Components 6.4%** | **Electronic Equipment, Instruments & Components 6.4%** |
| 89102 | Coherent Corp.<sup>\*</sup> | &nbsp;&nbsp; 6738784 |
| 1307704 | Innoviz Technologies Ltd.<sup>\*</sup> | &nbsp;&nbsp; 1190011 |
| 165144 | IPG Photonics Corp.<sup>\*</sup> | &nbsp;&nbsp; 10942442 |
| 101172 | Itron, Inc.<sup>\*</sup> | &nbsp;&nbsp; 11695483 |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Electronic Equipment, Instruments & Components –** <br> **cont'd** | **Electronic Equipment, Instruments & Components –** <br> **cont'd** | **Electronic Equipment, Instruments & Components –** <br> **cont'd** |
| 368963 | nLight, Inc.<sup>\*</sup> | &nbsp;&nbsp; $5582410 |
| 69425 | OSI Systems, Inc.<sup>\*</sup> | &nbsp;&nbsp; 15211712 |
| 40549 | Rogers Corp.<sup>\*</sup> | &nbsp;&nbsp; 2699347 |
| 24184 | Teledyne Technologies, Inc.<sup>\*</sup> | &nbsp;&nbsp; 12064430 |
|  |  | &nbsp;&nbsp; **66124619** |
| **Energy Equipment & Services 2.9%** | **Energy Equipment & Services 2.9%** | **Energy Equipment & Services 2.9%** |
| 223551 | Innovex International, Inc.<sup>\*</sup> | &nbsp;&nbsp; 3085004 |
| 691176 | Patterson-UTI Energy, Inc. | &nbsp;&nbsp; 3815291 |
| 537011 | TechnipFMC PLC | &nbsp;&nbsp; 16727893 |
| 2113181 | TETRA Technologies, Inc.<sup>\*</sup> | &nbsp;&nbsp; 5663325 |
|  |  | &nbsp;&nbsp; **29291513** |
| **Entertainment 2.4%** | **Entertainment 2.4%** | **Entertainment 2.4%** |
| 3013912 | Lionsgate Studios Corp.<sup>\*</sup> | &nbsp;&nbsp; 21790584 |
| 123153 | Starz Entertainment Corp.<sup>\*</sup> | &nbsp;&nbsp; 2581287 |
|  |  | &nbsp;&nbsp; **24371871** |
| **Food Products 0.9%** | **Food Products 0.9%** | **Food Products 0.9%** |
| 706889 | Hain Celestial Group, Inc.<sup>\*</sup> | &nbsp;&nbsp; 1321882 |
| 345850 | TreeHouse Foods, Inc.<sup>\*</sup> | &nbsp;&nbsp; 7767791 |
|  |  | &nbsp;&nbsp; **9089673** |
| **Gas Utilities 3.4%** | **Gas Utilities 3.4%** | **Gas Utilities 3.4%** |
| 125335 | Atmos Energy Corp. | &nbsp;&nbsp; 19386818 |
| 347442 | New Jersey Resources Corp. | &nbsp;&nbsp; 15944113 |
|  |  | &nbsp;&nbsp; **35330931** |
| **Health Care Equipment & Supplies 4.7%** | **Health Care Equipment & Supplies 4.7%** | **Health Care Equipment & Supplies 4.7%** |
| 1468459 | Accuray, Inc.<sup>\*</sup> | &nbsp;&nbsp; 2246742 |
| 255093 | AtriCure, Inc.<sup>\*</sup> | &nbsp;&nbsp; 8818565 |
| 84523 | CONMED Corp. | &nbsp;&nbsp; 4796680 |
| 674868 | CytoSorbents Corp.<sup>\*</sup> | &nbsp;&nbsp; 566889 |
| 213004 | Haemonetics Corp.<sup>\*</sup> | &nbsp;&nbsp; 14422501 |
| 250052 | &nbsp;&nbsp; Integra LifeSciences Holdings <br> Corp.<sup>\*</sup><br>| &nbsp;&nbsp; 3165658 |
| 317611 | Neogen Corp.<sup>\*</sup> | &nbsp;&nbsp; 1861201 |
| 1152124 | OraSure Technologies, Inc.<sup>\*</sup> | &nbsp;&nbsp; 3318117 |
| 87019 | QuidelOrtho Corp.<sup>\*</sup> | &nbsp;&nbsp; 2668873 |
| 398345 | Varex Imaging Corp.<sup>\*</sup> | &nbsp;&nbsp; 3055306 |
| 398228 | Zimvie, Inc.<sup>\*</sup> | &nbsp;&nbsp; 3639804 |
|  |  | &nbsp;&nbsp; **48560336** |
| **Health Care Providers & Services 0.7%** | **Health Care Providers & Services 0.7%** | **Health Care Providers & Services 0.7%** |
| 331372 | Acadia Healthcare Co., Inc.<sup>\*</sup> | &nbsp;&nbsp; **7502262** |
| **Hotels, Restaurants & Leisure 2.9%** | **Hotels, Restaurants & Leisure 2.9%** | **Hotels, Restaurants & Leisure 2.9%** |
| 1705746 | &nbsp;&nbsp; International Game <br> Technology PLC<br>| &nbsp;&nbsp; 25091524 |
| 108079 | United Parks & Resorts, Inc.<sup>\*</sup> | &nbsp;&nbsp; 4840858 |
|  |  | &nbsp;&nbsp; **29932382** |

---

See Notes to Schedule of Investments

------

Schedule of Investments Intrinsic Value Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Household Durables 2.4%** | **Household Durables 2.4%** | **Household Durables 2.4%** |
| 261472 | Somnigroup International, Inc. | &nbsp;&nbsp; $17011368 |
| 93085 | Whirlpool Corp. | &nbsp;&nbsp; 7269008 |
|  |  | &nbsp;&nbsp; **24280376** |
| &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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>**Independent Power and Renewable**<br> **Electricity Producers 4.3%**  | &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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>**Independent Power and Renewable**<br> **Electricity Producers 4.3%**  | &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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>**Independent Power and Renewable**<br> **Electricity Producers 4.3%**  |
| 397921 | Ormat Technologies, Inc. | &nbsp;&nbsp; 29577468 |
| 88240 | Vistra Corp. | &nbsp;&nbsp; 14168697 |
|  |  | &nbsp;&nbsp; **43746165** |
| **IT Services 6.1%** | **IT Services 6.1%** | **IT Services 6.1%** |
| 1141556 | Kyndryl Holdings, Inc.<sup>\*</sup> | &nbsp;&nbsp; 44566346 |
| 1582951 | Unisys Corp.<sup>\*</sup> | &nbsp;&nbsp; 7550676 |
| 70207 | Wix.com Ltd.<sup>\*</sup> | &nbsp;&nbsp; 10457333 |
|  |  | &nbsp;&nbsp; **62574355** |
| **Life Sciences Tools & Services 0.8%** | **Life Sciences Tools & Services 0.8%** | **Life Sciences Tools & Services 0.8%** |
| 49653 | &nbsp;&nbsp; Charles River Laboratories <br> International, Inc.<sup>\*</sup><br>| &nbsp;&nbsp; 6734436 |
| 1081798 | Standard BioTools, Inc.<sup>\*</sup> | &nbsp;&nbsp; 1092616 |
|  |  | &nbsp;&nbsp; **7827052** |
| **Machinery 1.7%** | **Machinery 1.7%** | **Machinery 1.7%** |
| 141299 | Helios Technologies, Inc. | &nbsp;&nbsp; 4284186 |
| 1320283 | Stratasys Ltd.<sup>\*</sup> | &nbsp;&nbsp; 13638523 |
|  |  | &nbsp;&nbsp; **17922709** |
| **Media 2.4%** | **Media 2.4%** | **Media 2.4%** |
| 958805 | Criteo SA ADR<sup>\*</sup> | &nbsp;&nbsp; **24411175** |
| **Metals & Mining 0.6%** | **Metals & Mining 0.6%** | **Metals & Mining 0.6%** |
| 1110097 | Cleveland-Cliffs, Inc.<sup>\*</sup> | &nbsp;&nbsp; **6471865** |
| **Multi-Utilities 1.6%** | **Multi-Utilities 1.6%** | **Multi-Utilities 1.6%** |
| 295624 | &nbsp;&nbsp; Northwestern Energy Group, <br> Inc.<br>| &nbsp;&nbsp; **16356876** |
| **Oil, Gas & Consumable Fuels 2.8%** | **Oil, Gas & Consumable Fuels 2.8%** | **Oil, Gas & Consumable Fuels 2.8%** |
| 478192 | CNX Resources Corp.<sup>\*</sup> | &nbsp;&nbsp; 15436038 |
| 448556 | Devon Energy Corp. | &nbsp;&nbsp; 13573304 |
|  |  | &nbsp;&nbsp; **29009342** |
| **Pharmaceuticals 0.7%** | **Pharmaceuticals 0.7%** | **Pharmaceuticals 0.7%** |
| 982236 | Amneal Pharmaceuticals, Inc.<sup>\*</sup> | &nbsp;&nbsp; **7189968** |
| **Professional Services 4.5%** | **Professional Services 4.5%** | **Professional Services 4.5%** |
| 1523550 | Alight, Inc. Class A | &nbsp;&nbsp; 8318583 |
| 3761832 | Conduent, Inc.<sup>\*</sup> | &nbsp;&nbsp; 8426504 |
| 564553 | KBR, Inc. | &nbsp;&nbsp; 29464021 |
|  |  | &nbsp;&nbsp; **46209108** |
| **Semiconductors & Semiconductor Equipment 7.2%** | **Semiconductors & Semiconductor Equipment 7.2%** | **Semiconductors & Semiconductor Equipment 7.2%** |
| 211504 | CEVA, Inc.<sup>\*</sup> | &nbsp;&nbsp; 3967815 |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Semiconductors & Semiconductor Equipment – cont'd** | **Semiconductors & Semiconductor Equipment – cont'd** | **Semiconductors & Semiconductor Equipment – cont'd** |
| 1499427 | &nbsp;&nbsp; indie Semiconductor, Inc. <br> Class A<sup>\*</sup><br>| &nbsp;&nbsp; $3973482 |
| 172203 | &nbsp;&nbsp; MACOM Technology <br> Solutions Holdings, Inc.<sup>\*</sup><br>| &nbsp;&nbsp; 20941607 |
| 361830 | Rambus, Inc.<sup>\*</sup> | &nbsp;&nbsp; 19347050 |
| 181162 | Semtech Corp.<sup>\*</sup> | &nbsp;&nbsp; 6762777 |
| 974735 | Veeco Instruments, Inc.<sup>\*</sup> | &nbsp;&nbsp; 18822133 |
|  |  | &nbsp;&nbsp; **73814864** |
| **Software 8.2%** | **Software 8.2%** | **Software 8.2%** |
| 962671 | Adeia, Inc. | &nbsp;&nbsp; 12360696 |
| 184927 | Box, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 6993939 |
| 1480551 | Cognyte Software Ltd.<sup>\*</sup> | &nbsp;&nbsp; 16145409 |
| 435232 | OneSpan, Inc. | &nbsp;&nbsp; 6933246 |
| 317274 | Radware Ltd.<sup>\*</sup> | &nbsp;&nbsp; 7398830 |
| 676540 | UiPath, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 9004747 |
| 274198 | Varonis Systems, Inc.<sup>\*</sup> | &nbsp;&nbsp; 13073760 |
| 341837 | Verint Systems, Inc.<sup>\*</sup> | &nbsp;&nbsp; 5995821 |
| 770592 | Xperi, Inc.<sup>\*</sup> | &nbsp;&nbsp; 6002912 |
|  |  | &nbsp;&nbsp; **83909360** |
| **Specialty Retail 0.8%** | **Specialty Retail 0.8%** | **Specialty Retail 0.8%** |
| 269645 | Caleres, Inc. | &nbsp;&nbsp; 3626725 |
| 253604 | ODP Corp.<sup>\*</sup> | &nbsp;&nbsp; 4171786 |
|  |  | &nbsp;&nbsp; **7798511** |
| **Textiles, Apparel & Luxury Goods 0.6%** | **Textiles, Apparel & Luxury Goods 0.6%** | **Textiles, Apparel & Luxury Goods 0.6%** |
| 1062296 | Under Armour, Inc. Class C<sup>\*</sup> | &nbsp;&nbsp; **6692465** |
| **Trading Companies & Distributors 3.1%** | **Trading Companies & Distributors 3.1%** | **Trading Companies & Distributors 3.1%** |
| 270783 | AerCap Holdings NV | &nbsp;&nbsp; **31337717** |
| **Total Common Stocks** <br> **(Cost $832,517,740)** | **Total Common Stocks** <br> **(Cost $832,517,740)** | &nbsp;&nbsp; **1023217565** |
| **Warrants 0.2%** | **Warrants 0.2%** | **Warrants 0.2%** |
| **Communications Equipment 0.2%** | **Communications Equipment 0.2%** | **Communications Equipment 0.2%** |
| 1511444 | &nbsp;&nbsp; Ribbon Communications, Inc. <br> Expires 3/31/2027<sup>\*#(a)(b)</sup><br>| &nbsp;&nbsp; **1678864** |
| **Health Care Equipment & Supplies 0.0%**<sup>‡</sup> | **Health Care Equipment & Supplies 0.0%**<sup>‡</sup> | **Health Care Equipment & Supplies 0.0%**<sup>‡</sup> |
| 131579 | CytoSorbents Corp.<sup>\*(b)</sup> | &nbsp;&nbsp; **0** |
| **Total Warrants (Cost $2,464,258)** | **Total Warrants (Cost $2,464,258)** | &nbsp;&nbsp; **1678864** |
| **Short-Term Investments 0.2%** | **Short-Term Investments 0.2%** | **Short-Term Investments 0.2%** |

---

See Notes to Schedule of Investments

------

Schedule of Investments Intrinsic Value Fund^ (Unaudited) (cont'd)

---

| | |
|:---|:---|
| **Number of Shares** | **Value** |
| **Investment Companies 0.2%** | **Investment Companies 0.2%** |
| 1794989<br> &nbsp;&nbsp; State Street Institutional <br> Treasury Money Market Fund <br> Premier Class, 4.22%<sup>(c)</sup> <br>**(Cost $1,794,989)**<br>| &nbsp;&nbsp; **$1794989** |
| **Total Investments 100.2%** <br> **(Cost $836,776,987)** | &nbsp;&nbsp; **1026691418** |
| Liabilities Less Other Assets (0.2)% | &nbsp;&nbsp; (1732198)<br>|
| **Net Assets 100.0%** | &nbsp;&nbsp; **$1024959220** |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;‡ Represents less than 0.05% of net assets of the Fund.

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

\* Non-income producing security.

(a) Security acquired via a PIPE transaction.

(b) Security fair valued as of May 31, 2025 in accordance with procedures approved by the valuation designee. Total value of all such securities at May 31, 2025 amounted to $1,678,864, which represents 0.2% of net assets of the Fund. 

(c) Represents 7-day effective yield as of May 31, 2025.

# This security is subject to restrictions on resale. Total value of all such securities at May 31, 2025 amounted to $1,678,864, which represents 0.2% of net assets of the Fund. Acquisition dates shown with a range, if any, represent securities that were acquired over the period shown in the table.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Restricted Security** | **Acquisition** <br>**Date(s)**<br>| **Acquisition** <br>**Cost**<br>| **Value as of** <br>**5/31/2025**<br>| **Fair Value** <br>**Percentage** <br>**of Net Assets** <br>**as of** <br>**5/31/2025**<br>|
| Ribbon Communications, Inc. Expires 3/31/2027 (Warrants) | 3/29/2023 | &nbsp;&nbsp; $2464258 | &nbsp;&nbsp; $1678864 | &nbsp;&nbsp; 0.2% |

---

See Notes to Schedule of Investments

------

Schedule of Investments Intrinsic Value Fund^ (Unaudited) (cont'd)

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

---

| | | |
|:---|:---|:---|
| **POSITIONS BY COUNTRY** | **POSITIONS BY COUNTRY** | **POSITIONS BY COUNTRY** |
| **Country** | **Investments at** <br>**Value**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Percentage of** <br>**Net Assets**<br>|
| United States | $913254579 | 89.1% |
| Israel | 35191583 | 3.4% |
| Netherlands | 31337717 | 3.1% |
| France | 24411175 | 2.4% |
| United Kingdom | 16727893 | 1.6% |
| China | 3973482 | 0.4% |
| Short-Term Investments and Other Liabilities—Net | 62791 | 0.0% |
|  | **$1024959220** | **100.0%** |

---

See Notes to Schedule of Investments

------

Schedule of Investments Intrinsic Value Fund^ (Unaudited) (cont'd)

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Investments: |  |  |  |  |
| Common Stocks<sup>#</sup> <br>| $1023217565 | $— | $— | $1023217565 |
| Warrants<sup>#</sup> <br>|  | 1678864 |  | 1678864 |
| Short-Term Investments |  | 1794989 |  | 1794989 |
| **Total Investments** | **$1023217565** | **$3473853** | **$—** | **$1026691418** |

---

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

# The Schedule of Investments provides information on the industry or sector categorization as well as a Positions by Country summary.

§ Investments in Affiliates<sup>(a)</sup>:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value at** <br>**August 31,** <br>**2024**<br>| **Purchases** | **Sales/** <br>**Other** <br>**Reductions**<br>| **Change in** <br>**Net Unrealized** <br>**Appreciation/** <br>**(Depreciation)** <br>**from** <br>**Investments** <br>**in Affiliated** <br>**Persons**<br>| **Net Realized** <br>**Gain/(Loss)** <br>**from** <br>**Investments** <br>**in Affiliated** <br>**Persons**<br>| **Distributions** <br>**from** <br>**Investments** <br>**in Affiliated** <br>**Persons**<br>| **Shares** <br>**Held at** <br>**May 31,** <br>**2025**<br>| **Value at** <br>**May 31,** <br>**2025**<br>|
| **Intrinsic Value** |  |  |  |  |  |  |  |  |
| Quantum Corp. | $1145492 | $— | $(7430149)<br>| $26958998 | $(20674341)<br>| $—\* |  | $— |
| **Total for securities no longer** <br> **affiliated as of 5/31/25**<sup>(b)</sup><br>| **$1145492** | **$—** | **$(7430149)**<br>| **$26958998** | **$(20674341)**<br>| **$—** |  | **$—** |

---

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

\* Non-income producing security. <br> (a) Affiliated persons, as defined in the Investment Company Act of 1940, as amended. <br> (b) At May 31, 2025, the issuers of these securities were no longer affiliated with the Fund.

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Schedule of Investments

------

Consolidated Schedule of Investments Large Cap Growth Fund^ (Unaudited)

May 31, 2025

&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Common Stocks 99.1%** | **Common Stocks 99.1%** | **Common Stocks 99.1%** |
| **Aerospace & Defense 1.3%** | **Aerospace & Defense 1.3%** | **Aerospace & Defense 1.3%** |
| 129087 | General Electric Co. | &nbsp;&nbsp; **$31743784** |
| **Application Software 0.3%** | **Application Software 0.3%** | **Application Software 0.3%** |
| 4688 | Canva, Inc.<sup>\*#(a)(b)</sup> | &nbsp;&nbsp; **6700277** |
| **Biotechnology 1.0%** | **Biotechnology 1.0%** | **Biotechnology 1.0%** |
| 132329 | AbbVie, Inc. | &nbsp;&nbsp; **24627750** |
| **Broadline Retail 8.0%** | **Broadline Retail 8.0%** | **Broadline Retail 8.0%** |
| 946907 | Amazon.com, Inc.<sup>\*</sup> | &nbsp;&nbsp; **194125404** |
| **Capital Markets 3.8%** | **Capital Markets 3.8%** | **Capital Markets 3.8%** |
| 413812 | &nbsp;&nbsp; Brookfield Asset <br> Management Ltd. Class A<sup>(c)</sup><br>| &nbsp;&nbsp; 23214853 |
| 21553 | CME Group, Inc. | &nbsp;&nbsp; 6228817 |
| 288590 | KKR & Co., Inc. | &nbsp;&nbsp; 35052142 |
| 53893 | S&P Global, Inc. | &nbsp;&nbsp; 27639564 |
|  |  | &nbsp;&nbsp; **92135376** |
| **Commercial Services & Supplies 0.6%** | **Commercial Services & Supplies 0.6%** | **Commercial Services & Supplies 0.6%** |
| 58292 | Waste Management, Inc. | &nbsp;&nbsp; **14046623** |
| **Consumer Staples Distribution & Retail 2.7%** | **Consumer Staples Distribution & Retail 2.7%** | **Consumer Staples Distribution & Retail 2.7%** |
| 35916 | Costco Wholesale Corp. | &nbsp;&nbsp; 37359105 |
| 285397 | Walmart, Inc. | &nbsp;&nbsp; 28174392 |
|  |  | &nbsp;&nbsp; **65533497** |
| **Containers & Packaging 0.4%** | **Containers & Packaging 0.4%** | **Containers & Packaging 0.4%** |
| 61526 | Avery Dennison Corp. | &nbsp;&nbsp; **10935016** |
| **Electrical Equipment 1.0%** | **Electrical Equipment 1.0%** | **Electrical Equipment 1.0%** |
| 387665 | nVent Electric PLC | &nbsp;&nbsp; **25508357** |
| **Electronic Equipment, Instruments & Components 1.1%** | **Electronic Equipment, Instruments & Components 1.1%** | **Electronic Equipment, Instruments & Components 1.1%** |
| 307965 | Amphenol Corp. Class A | &nbsp;&nbsp; **27695293** |
| **Entertainment 3.8%** | **Entertainment 3.8%** | **Entertainment 3.8%** |
| 68055 | Netflix, Inc.<sup>\*</sup> | &nbsp;&nbsp; 82158038 |
| 14790 | Spotify Technology SA<sup>\*</sup> | &nbsp;&nbsp; 9837420 |
|  |  | &nbsp;&nbsp; **91995458** |
| **Financial Services 5.2%** | **Financial Services 5.2%** | **Financial Services 5.2%** |
| 95064 | MasterCard, Inc. Class A | &nbsp;&nbsp; 55669478 |
| 198142 | Visa, Inc. Class A | &nbsp;&nbsp; 72359477 |
|  |  | &nbsp;&nbsp; **128028955** |
| **Ground Transportation 1.3%** | **Ground Transportation 1.3%** | **Ground Transportation 1.3%** |
| 230632 | Uber Technologies, Inc.<sup>\*</sup> | &nbsp;&nbsp; 19409989 |
| 50917 | Union Pacific Corp. | &nbsp;&nbsp; 11286262 |
|  |  | &nbsp;&nbsp; **30696251** |
| **Health Care Equipment & Supplies 1.8%** | **Health Care Equipment & Supplies 1.8%** | **Health Care Equipment & Supplies 1.8%** |
| 419151 | Boston Scientific Corp.<sup>\*</sup> | &nbsp;&nbsp; **44119834** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Health Care Technology 1.1%** | **Health Care Technology 1.1%** | **Health Care Technology 1.1%** |
| 668304 | Waystar Holding Corp.<sup>\*</sup> | &nbsp;&nbsp; **$26718794** |
| **Hotels, Restaurants & Leisure 1.1%** | **Hotels, Restaurants & Leisure 1.1%** | **Hotels, Restaurants & Leisure 1.1%** |
| 179947 | Chipotle Mexican Grill, Inc.<sup>\*</sup> | &nbsp;&nbsp; 9011746 |
| 53483 | McDonald's Corp. | &nbsp;&nbsp; 16785639 |
|  |  | &nbsp;&nbsp; **25797385** |
| **Household Products 0.3%** | **Household Products 0.3%** | **Household Products 0.3%** |
| 41935 | Procter & Gamble Co. | &nbsp;&nbsp; **7124337** |
| **Interactive Media & Services 12.0%** | **Interactive Media & Services 12.0%** | **Interactive Media & Services 12.0%** |
| 692790 | Alphabet, Inc. Class A | &nbsp;&nbsp; 118979754 |
| 698085 | Match Group, Inc. | &nbsp;&nbsp; 20900665 |
| 234081 | Meta Platforms, Inc. Class A | &nbsp;&nbsp; 151565107 |
|  |  | &nbsp;&nbsp; **291445526** |
| **IT Services 0.4%** | **IT Services 0.4%** | **IT Services 0.4%** |
| 56728 | Cloudflare, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; **9410608** |
| **Life Sciences Tools & Services 0.4%** | **Life Sciences Tools & Services 0.4%** | **Life Sciences Tools & Services 0.4%** |
| 25135 | Thermo Fisher Scientific, Inc. | &nbsp;&nbsp; **10124881** |
| **Machinery 0.3%** | **Machinery 0.3%** | **Machinery 0.3%** |
| 21744 | Caterpillar, Inc. | &nbsp;&nbsp; **7567564** |
| **Media 0.9%** | **Media 0.9%** | **Media 0.9%** |
| 283078 | Trade Desk, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; **21293127** |
| **Multi-Utilities 0.8%** | **Multi-Utilities 0.8%** | **Multi-Utilities 0.8%** |
| 505219 | CenterPoint Energy, Inc. | &nbsp;&nbsp; **18814356** |
| **Oil, Gas & Consumable Fuels 0.5%** | **Oil, Gas & Consumable Fuels 0.5%** | **Oil, Gas & Consumable Fuels 0.5%** |
| 191864 | Williams Cos., Inc. | &nbsp;&nbsp; **11609691** |
| **Pharmaceuticals 1.5%** | **Pharmaceuticals 1.5%** | **Pharmaceuticals 1.5%** |
| 49724 | Eli Lilly & Co. | &nbsp;&nbsp; **36679903** |
| **Professional Services 0.7%** | **Professional Services 0.7%** | **Professional Services 0.7%** |
| 61116 | Equifax, Inc. | &nbsp;&nbsp; **16146236** |
| **Semiconductors & Semiconductor Equipment 12.2%** | **Semiconductors & Semiconductor Equipment 12.2%** | **Semiconductors & Semiconductor Equipment 12.2%** |
| 113919 | Analog Devices, Inc. | &nbsp;&nbsp; 24376388 |
| 10659 | ASML Holding NV | &nbsp;&nbsp; 7853231 |
| 459452 | Broadcom, Inc. | &nbsp;&nbsp; 111219546 |
| 1136586 | NVIDIA Corp. | &nbsp;&nbsp; 153586866 |
|  |  | &nbsp;&nbsp; **297036031** |
| **Software 20.8%** | **Software 20.8%** | **Software 20.8%** |
| 90909 | &nbsp;&nbsp; Arctic Wolf Networks, <br> Inc.<sup>\*#(a)(b)</sup><br>| &nbsp;&nbsp; 1026635 |
| 46280 | &nbsp;&nbsp; Crowdstrike Holdings, Inc. <br> Class A<sup>\*</sup><br>| &nbsp;&nbsp; 21815004 |
| 106995 | Grammarly, Inc.<sup>\*#(a)(b)</sup> | &nbsp;&nbsp; 1513979 |
| 38467 | HubSpot, Inc.<sup>\*</sup> | &nbsp;&nbsp; 22691683 |
| 631821 | Microsoft Corp. | &nbsp;&nbsp; 290865116 |
| 160250 | Salesforce, Inc. | &nbsp;&nbsp; 42525542 |

---

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Large Cap Growth Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Software – cont'd** | **Software – cont'd** | **Software – cont'd** |
| 37093 | ServiceNow, Inc.<sup>\*</sup> | &nbsp;&nbsp; $37504361 |
| 107869 | Synopsys, Inc.<sup>\*</sup> | &nbsp;&nbsp; 50049059 |
| 154060 | Workday, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 38162203 |
|  |  | &nbsp;&nbsp; **506153582** |
| **Specialty Retail 8.3%** | **Specialty Retail 8.3%** | **Specialty Retail 8.3%** |
| 328628 | Chewy, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 14870417 |
| 1297807 | &nbsp;&nbsp; Fanatics Holdings, Inc. <br> Class A<sup>\*#(a)(b)</sup><br>| &nbsp;&nbsp; 96206433 |
| 143479 | Home Depot, Inc. | &nbsp;&nbsp; 52841881 |
| 303059 | TJX Cos., Inc. | &nbsp;&nbsp; 38458187 |
|  |  | &nbsp;&nbsp; **202376918** |
| **Technology Hardware, Storage & Peripherals 4.5%** | **Technology Hardware, Storage & Peripherals 4.5%** | **Technology Hardware, Storage & Peripherals 4.5%** |
| 551794 | Apple, Inc. | &nbsp;&nbsp; **110827825** |
| **Textiles, Apparel & Luxury Goods 0.3%** | **Textiles, Apparel & Luxury Goods 0.3%** | **Textiles, Apparel & Luxury Goods 0.3%** |
| 117189 | NIKE, Inc. Class B | &nbsp;&nbsp; **7100482** |
| **Tobacco 0.7%** | **Tobacco 0.7%** | **Tobacco 0.7%** |
| 102054 | &nbsp;&nbsp; Philip Morris International, <br> Inc.<br>| &nbsp;&nbsp; **18429932** |
| **Total Common Stocks** <br> **(Cost $1,323,582,758)** | **Total Common Stocks** <br> **(Cost $1,323,582,758)** | &nbsp;&nbsp; **2412549053** |
| **Preferred Stocks 0.9%** | **Preferred Stocks 0.9%** | **Preferred Stocks 0.9%** |
| **Entertainment 0.0%**<sup>‡</sup> | **Entertainment 0.0%**<sup>‡</sup> | **Entertainment 0.0%**<sup>‡</sup> |
| 8256 | A24 Films LLC<sup>\*#(a)(b)(d)</sup> | &nbsp;&nbsp; **1209242** |
| **IT Services 0.3%** | **IT Services 0.3%** | **IT Services 0.3%** |
| 287787 | Druva, Inc., Series 4<sup>\*#(a)(b)</sup> | &nbsp;&nbsp; 2026021 |
| 461441 | Druva, Inc., Series 5<sup>\*#(a)(b)</sup> | &nbsp;&nbsp; 4111439 |
|  |  | &nbsp;&nbsp; **6137460** |
| **Software 0.2%** | **Software 0.2%** | **Software 0.2%** |
| 10 | &nbsp;&nbsp; Databricks, Inc., <br> Series B<sup>\*#(a)(b)</sup><br>| &nbsp;&nbsp; 925 |
| 801 | &nbsp;&nbsp; Databricks, Inc., <br> Series C<sup>\*#(a)(b)</sup><br>| &nbsp;&nbsp; 74092 |
| 16466 | &nbsp;&nbsp; Databricks, Inc., <br> Series D<sup>\*#(a)(b)</sup><br>| &nbsp;&nbsp; 1523105 |
| 6358 | &nbsp;&nbsp; Databricks, Inc., <br> Series E<sup>\*#(a)(b)</sup><br>| &nbsp;&nbsp; 588115 |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Software – cont'd** | **Software – cont'd** | **Software – cont'd** |
| 3258 | &nbsp;&nbsp; Databricks, Inc., <br> Series F<sup>\*#(a)(b)</sup><br>| &nbsp;&nbsp; $301365 |
| 39 | &nbsp;&nbsp; Databricks, Inc., <br> Series G<sup>\*#(a)(b)</sup><br>| &nbsp;&nbsp; 3608 |
| 95 | &nbsp;&nbsp; Databricks, Inc., <br> Series H<sup>\*#(a)(b)</sup><br>| &nbsp;&nbsp; 8787 |
| 33179 | &nbsp;&nbsp; Grammarly, Inc., <br> Series 3<sup>\*#(a)(b)</sup><br>| &nbsp;&nbsp; 890524 |
| 90310 | &nbsp;&nbsp; Signifyd, Inc., <br> Series Seed<sup>\*#(a)(b)</sup><br>| &nbsp;&nbsp; 513864 |
| 39343 | Signifyd, Inc., Series A<sup>\*#(a)(b)</sup> | &nbsp;&nbsp; 225042 |
| 82373 | &nbsp;&nbsp; Videoamp, Inc., <br> Series F1<sup>\*#(a)(b)</sup><br>| &nbsp;&nbsp; 1300011 |
|  |  | &nbsp;&nbsp; **5429438** |
| **Specialty Retail 0.4%** | **Specialty Retail 0.4%** | **Specialty Retail 0.4%** |
| 7000 | Fabletics LLC, Series G<sup>\*#(a)(b)</sup> | &nbsp;&nbsp; 8051400 |
| 5623 | &nbsp;&nbsp; Savage X Fenty, Series C <br> 1<sup>\*#(a)(b)</sup><br>| &nbsp;&nbsp; 13525 |
| 72983 | &nbsp;&nbsp; Savage X Fenty, <br> Series D<sup>\*#(a)(b)</sup><br>| &nbsp;&nbsp; 862783 |
|  |  | &nbsp;&nbsp; **8927708** |
| **Total Preferred Stocks** <br> **(Cost $23,604,252)** | **Total Preferred Stocks** <br> **(Cost $23,604,252)** | &nbsp;&nbsp; **21703848** |
| **Short-Term Investments 0.7%** | **Short-Term Investments 0.7%** | **Short-Term Investments 0.7%** |
| **Investment Companies 0.7%** | **Investment Companies 0.7%** | **Investment Companies 0.7%** |
| 997618 | &nbsp;&nbsp; State Street Institutional <br> Treasury Money Market Fund <br> Premier Class, 4.22%<sup>(e)</sup><br>| &nbsp;&nbsp; 997618 |
| 15493740 | &nbsp;&nbsp; State Street Navigator <br> Securities Lending <br> Government Money Market <br> Portfolio, 4.31%<sup>(e)(f)</sup><br>| &nbsp;&nbsp; 15493740 |
| **Total Short-Term Investments** <br> **(Cost $16,491,358)** | **Total Short-Term Investments** <br> **(Cost $16,491,358)** | &nbsp;&nbsp; **16491358** |
| **Total Investments 100.7%** <br> **(Cost $1,363,678,368)** | **Total Investments 100.7%** <br> **(Cost $1,363,678,368)** | &nbsp;&nbsp; **2450744259** |
| Liabilities Less Other Assets (0.7)% | Liabilities Less Other Assets (0.7)% | &nbsp;&nbsp; (16171221)<br>|
| **Net Assets 100.0%** | **Net Assets 100.0%** | &nbsp;&nbsp; **$2434573038** |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;‡ Represents less than 0.05% of net assets of the Fund.

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

\* Non-income producing security.

(a) Value determined using significant unobservable inputs.

(b) Security fair valued as of May 31, 2025 in accordance with procedures approved by the valuation designee. Total value of all such securities at May 31, 2025 amounted to $127,151,172, which represents 5.2% of net assets of the Fund. 

(c) All or a portion of this security is on loan at May 31, 2025. Total value of all such securities at May 31, 2025 amounted to $15,249,102 for the Fund. 

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Large Cap Growth Fund^ (Unaudited) (cont'd)

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

&nbsp;&nbsp;&nbsp;&nbsp;(d) Security represented in Units.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Represents 7-day effective yield as of May 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(f) Represents investment of cash collateral received from securities lending.

# This security is subject to restrictions on resale. Total value of all such securities at May 31, 2025 amounted to $127,151,172, which represents 5.2% of net assets of the Fund. Acquisition dates shown with a range, if any, represent securities that were acquired over the period shown in the table.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Restricted Security** | **Acquisition** <br>**Date(s)**<br>| **Acquisition** <br>**Cost**<br>| **Value as of** <br>**5/31/2025**<br>| **Fair Value** <br>**Percentage** <br>**of Net Assets** <br>**as of** <br>**5/31/2025**<br>|
| A24 Films LLC | 2/25/2022 | &nbsp;&nbsp; $940028 | &nbsp;&nbsp; $1209242 | &nbsp;&nbsp; 0.0% |
| Arctic Wolf Networks, Inc. | 12/31/2021 | &nbsp;&nbsp; 999999 | &nbsp;&nbsp; 1026635 | &nbsp;&nbsp; 0.0% |
| Canva, Inc. | 3/19/2024 | &nbsp;&nbsp; 5000507 | &nbsp;&nbsp; 6700277 | &nbsp;&nbsp; 0.3% |
| Databricks, Inc. (Series B Preferred Shares) | 3/12/2025 | &nbsp;&nbsp; 925 | &nbsp;&nbsp; 925 | &nbsp;&nbsp; 0.0% |
| Databricks, Inc. (Series C Preferred Shares) | 3/12/2025 | &nbsp;&nbsp; 74092 | &nbsp;&nbsp; 74092 | &nbsp;&nbsp; 0.0% |
| Databricks, Inc. (Series D Preferred Shares) | 3/12/2025 | &nbsp;&nbsp; 1523105 | &nbsp;&nbsp; 1523105 | &nbsp;&nbsp; 0.1% |
| Databricks, Inc. (Series E Preferred Shares) | 3/12/2025 | &nbsp;&nbsp; 588115 | &nbsp;&nbsp; 588115 | &nbsp;&nbsp; 0.0% |
| Databricks, Inc. (Series F Preferred Shares) | 3/12/2025 | &nbsp;&nbsp; 301365 | &nbsp;&nbsp; 301365 | &nbsp;&nbsp; 0.0% |
| Databricks, Inc. (Series G Preferred Shares) | 3/12/2025 | &nbsp;&nbsp; 3608 | &nbsp;&nbsp; 3608 | &nbsp;&nbsp; 0.0% |
| Databricks, Inc. (Series H Preferred Shares) | 3/12/2025 | &nbsp;&nbsp; 8787 | &nbsp;&nbsp; 8787 | &nbsp;&nbsp; 0.0% |
| Druva, Inc. (Series 4 Preferred Shares) | 6/14/2019 | &nbsp;&nbsp; 1500003 | &nbsp;&nbsp; 2026021 | &nbsp;&nbsp; 0.1% |
| Druva, Inc. (Series 5 Preferred Shares) | 4/1/2021 | &nbsp;&nbsp; 4325000 | &nbsp;&nbsp; 4111439 | &nbsp;&nbsp; 0.2% |
| Fabletics LLC (Series G Preferred Shares) | 1/10/2022 | &nbsp;&nbsp; 7000000 | &nbsp;&nbsp; 8051400 | &nbsp;&nbsp; 0.3% |
| Fanatics Holdings, Inc. Class A | 8/13/2020-4/29/2021 | &nbsp;&nbsp; 23018871 | &nbsp;&nbsp; 96206433 | &nbsp;&nbsp; 4.0% |
| Grammarly, Inc. Class A | 12/23/2021-1/24/2022 | &nbsp;&nbsp; 2804542 | &nbsp;&nbsp; 1513979 | &nbsp;&nbsp; 0.1% |
| Grammarly, Inc. (Series 3 Preferred Shares) | 12/23/2021-1/24/2022 | &nbsp;&nbsp; 869685 | &nbsp;&nbsp; 890524 | &nbsp;&nbsp; 0.0% |
| Savage X Fenty (Series C1 Preferred Shares) | 3/5/2025 | &nbsp;&nbsp; 1000028 | &nbsp;&nbsp; 13525 | &nbsp;&nbsp; 0.0% |
| Savage X Fenty (Series D Preferred Shares) | 2/24/2025-3/5/2025 | &nbsp;&nbsp; 169715 | &nbsp;&nbsp; 862783 | &nbsp;&nbsp; 0.0% |
| Signifyd, Inc. (Series A Preferred Shares) | 5/27/2021 | &nbsp;&nbsp; 1213732 | &nbsp;&nbsp; 225042 | &nbsp;&nbsp; 0.0% |
| Signifyd, Inc. (Series Seed Preferred Shares) | 5/27/2021 | &nbsp;&nbsp; 2786053 | &nbsp;&nbsp; 513864 | &nbsp;&nbsp; 0.0% |
| Videoamp, Inc. (Series F1 Preferred Shares) | 1/4/2022 | &nbsp;&nbsp; 1300011 | &nbsp;&nbsp; 1300011 | &nbsp;&nbsp; 0.1% |
| **Total** |  | &nbsp;&nbsp; **$55428171** | &nbsp;&nbsp; **$127151172** | &nbsp;&nbsp; **5.2%** |

---

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Large Cap Growth Fund^ (Unaudited) (cont'd)

The following is a summary, categorized by Level (see the Notes to Consolidated Schedule of Investments), of inputs used to value the Fund's investments as of May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3**<sup>(a)</sup> | **Total** |
| Investments: |  |  |  |  |
| Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Application Software | $— | $— | $6700277 | $6700277 |
| &nbsp;&nbsp;&nbsp; Software | 503612968 |  | 2540614 | 506153582 |
| &nbsp;&nbsp;&nbsp; Specialty Retail | 106170485 |  | 96206433 | 202376918 |
| &nbsp;&nbsp;&nbsp; Other Common Stocks<sup>#</sup> <br>| 1697318276 |  |  | 1697318276 |
| Total Common Stocks | 2307101729 |  | 105447324 | 2412549053 |
| Preferred Stocks<sup>#</sup> <br>|  |  | 21703848 | 21703848 |
| Short-Term Investments |  | 16491358 |  | 16491358 |
| **Total Investments** | **$2307101729** | **$16491358** | **$127151172** | **$2450744259** |

---

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

# The Consolidated Schedule of Investments provides information on the industry or sector categorization.

(a) The following is a reconciliation between the beginning and ending balances of investments in which significant unobservable inputs (Level 3) were used in determining value: 

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

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **(000's** <br>**omitted)**<br>| **Beginning** <br>**balance as** <br>**of 9/1/2024**<br>| **Accrued** <br>**discounts/** <br>**(premiums)**<br>| **Realized** <br>**gain/(loss)**<br>| **Change** <br>**in unrealized** <br>**appreciation/** <br>**(depreciation)**<br>| **Purchases** | **Sales/** <br>**Other reductions**<br>| **Transfers** <br>**into** <br>**Level 3**<br>| **Transfers** <br>**out of** <br>**Level 3**<br>| **Balance** <br>**as of** <br>**5/31/2025**<br>| **Net change in** <br>**unrealized** <br>**appreciation/** <br>**(depreciation)** <br>**from** <br>**investments** <br>**still held as of** <br>**5/31/2025**<br>|
| **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** |
| Common <br> Stocks<sup>(1)</sup> <br>| $107143 | $— | $— | $(1696)<br>| $— | $— | $— | $— | $105447 | $(1696)<br>|
| Preferred <br> Stocks<sup>(1)</sup> <br>| 19991 |  |  | (957)<br>| 4670 | (2000)<br>|  |  | 21704 | (1036)<br>|
| **Total** | **$127134** | **$—** | **$—** | **$(2653)**<br>| **$4670** | **$(2000)**<br>| **$—** | **$—** | **$127151** | **$(2732)**<br>|

---

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: |
| **Investment type** | **Fair value** <br>**at** <br>**5/31/2025**<br>| &nbsp;&nbsp; **Valuation** <br>**approach**<br>| &nbsp;&nbsp; **Significant unobservable** <br>**input(s)**<br>| &nbsp;&nbsp; **Input value/** <br>**range**<br>| &nbsp;&nbsp; **Weighted** <br>**average**<sup>(a)</sup><br>| &nbsp;&nbsp; **Impact to** <br>**valuation** <br>**from** <br>**increase** <br>**in input**<sup>(b)</sup><br>|
| Common Stocks | $105447324 | Market Approach | &nbsp;&nbsp; Enterprise value/ <br>Revenue multiple<sup>(c)</sup> (EV/Revenue)<br>| 3.4x - 12.5x | 4.1x | Increase |
|  |  |  | Discount Rate | 4.3% | 4.3% | Decrease |
|  |  |  | Term (Years) | 1.3 - 1.8 | 1.6 | Decrease |
|  |  |  | Expected Volatility | 65.0% - 80.0% | 71.1% | Decrease |
|  |  |  | Transaction Price | $9.06 | $9.06 | Increase |
| Preferred Stocks | 20494606 | Market Approach | &nbsp;&nbsp; Enterprise value/ <br>Revenue multiple<sup>(c)</sup> (EV/Revenue)<br>| 1.2x - 9.2x | 5.2x | Increase |
|  |  |  | Discount Rate | 0.3% - 4.3% | 3.7% | Decrease |
|  |  |  | Term (Years) | 1.8 - 3.2 | 2.3 | Decrease |
|  |  |  | Expected Volatility | 60.0% - 70.0% | 62.1% | Decrease |
|  |  |  | Liquidation Preference | 0.5x - 4.5x | 4.4x | Increase |
|  |  |  | Transaction Price | $4.55 - $1,150.00 | $830.82 | Increase |
| Preferred Units | 1209242 | Market Approach | Transaction Price | $146.47 | $146.47 | Increase |

---

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Large Cap Growth Fund^ (Unaudited) (cont'd)

&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; (a) The weighted averages disclosed in the table above were weighted by relative fair value. |
| &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; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. |
| &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; (c) Represents amounts used when the reporting entity has determined that market participants <br> would use such multiples when pricing the investments. |

---

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

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Consolidated Schedule of Investments

------

Schedule of Investments Large Cap Value Fund^ (Unaudited)

May 31, 2025

&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Common Stocks 96.0%** | **Common Stocks 96.0%** | **Common Stocks 96.0%** |
| **Aerospace & Defense 2.7%** | **Aerospace & Defense 2.7%** | **Aerospace & Defense 2.7%** |
| 673715 | Boeing Co.<sup>\*</sup> | &nbsp;&nbsp; $139674594 |
| 160476 | Lockheed Martin Corp. | &nbsp;&nbsp; 77410413 |
|  |  | &nbsp;&nbsp; **217085007** |
| **Banks 8.8%** | **Banks 8.8%** | **Banks 8.8%** |
| 2419558 | Bank of America Corp. | &nbsp;&nbsp; 106775095 |
| 906933 | JPMorgan Chase & Co. | &nbsp;&nbsp; 239430312 |
| 886035 | &nbsp;&nbsp; PNC Financial Services <br> Group, Inc.<br>| &nbsp;&nbsp; 154001743 |
| 489357 | Truist Financial Corp. | &nbsp;&nbsp; 19329602 |
| 2457908 | Wells Fargo & Co. | &nbsp;&nbsp; 183802360 |
|  |  | &nbsp;&nbsp; **703339112** |
| **Beverages 0.6%** | **Beverages 0.6%** | **Beverages 0.6%** |
| 653569 | Coca-Cola Co. | &nbsp;&nbsp; **47122325** |
| **Biotechnology 1.7%** | **Biotechnology 1.7%** | **Biotechnology 1.7%** |
| 128273 | AbbVie, Inc. | &nbsp;&nbsp; 23872888 |
| 986796 | Gilead Sciences, Inc. | &nbsp;&nbsp; 108626504 |
|  |  | &nbsp;&nbsp; **132499392** |
| **Broadline Retail 0.3%** | **Broadline Retail 0.3%** | **Broadline Retail 0.3%** |
| 755925 | JD.com, Inc. ADR | &nbsp;&nbsp; **24499529** |
| **Building Products 0.8%** | **Building Products 0.8%** | **Building Products 0.8%** |
| 594240 | &nbsp;&nbsp; Johnson Controls <br> International PLC<br>| &nbsp;&nbsp; **60238109** |
| **Capital Markets 6.9%** | **Capital Markets 6.9%** | **Capital Markets 6.9%** |
| 1897181 | Charles Schwab Corp. | &nbsp;&nbsp; 167596970 |
| 606116 | CME Group, Inc. | &nbsp;&nbsp; 175167524 |
| 636537 | Morgan Stanley | &nbsp;&nbsp; 81495832 |
| 251284 | S&P Global, Inc. | &nbsp;&nbsp; 128873512 |
| 8748 | State Street Corp. | &nbsp;&nbsp; 842257 |
|  |  | &nbsp;&nbsp; **553976095** |
| **Chemicals 0.6%** | **Chemicals 0.6%** | **Chemicals 0.6%** |
| 102808 | Linde PLC | &nbsp;&nbsp; **48070965** |
| **Communications Equipment 1.5%** | **Communications Equipment 1.5%** | **Communications Equipment 1.5%** |
| 1939015 | Cisco Systems, Inc. | &nbsp;&nbsp; **122235506** |
| **Consumer Finance 1.8%** | **Consumer Finance 1.8%** | **Consumer Finance 1.8%** |
| 779768 | Capital One Financial Corp. | &nbsp;&nbsp; **147493117** |
| **Consumer Staples Distribution & Retail 2.4%** | **Consumer Staples Distribution & Retail 2.4%** | **Consumer Staples Distribution & Retail 2.4%** |
| 1440793 | Kroger Co. | &nbsp;&nbsp; 98305307 |
| 989135 | Walmart, Inc. | &nbsp;&nbsp; 97647407 |
|  |  | &nbsp;&nbsp; **195952714** |
| **Electric Utilities 3.9%** | **Electric Utilities 3.9%** | **Electric Utilities 3.9%** |
| 1564273 | Duke Energy Corp. | &nbsp;&nbsp; 184146218 |
| 1773143 | FirstEnergy Corp. | &nbsp;&nbsp; 74365617 |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Electric Utilities – cont'd** | **Electric Utilities – cont'd** | **Electric Utilities – cont'd** |
| 805571 | NextEra Energy, Inc. | &nbsp;&nbsp; $56905535 |
|  |  | &nbsp;&nbsp; **315417370** |
| **Energy Equipment & Services 1.0%** | **Energy Equipment & Services 1.0%** | **Energy Equipment & Services 1.0%** |
| 2134605 | Baker Hughes Co. | &nbsp;&nbsp; **79087115** |
| **Entertainment 1.8%** | **Entertainment 1.8%** | **Entertainment 1.8%** |
| 365186 | &nbsp;&nbsp; Take-Two Interactive <br> Software, Inc.<sup>\*</sup><br>| &nbsp;&nbsp; 82634288 |
| 522667 | Walt Disney Co. | &nbsp;&nbsp; 59082278 |
|  |  | &nbsp;&nbsp; **141716566** |
| **Financial Services 1.7%** | **Financial Services 1.7%** | **Financial Services 1.7%** |
| 263203 | &nbsp;&nbsp; Berkshire Hathaway, Inc. <br> Class B<sup>\*</sup><br>| &nbsp;&nbsp; **132643784** |
| **Food Products 0.3%** | **Food Products 0.3%** | **Food Products 0.3%** |
| 357833 | General Mills, Inc. | &nbsp;&nbsp; 19416019 |
| 114492 | &nbsp;&nbsp; Mondelez International, <br> Inc. Class A<br>| &nbsp;&nbsp; 7727065 |
|  |  | &nbsp;&nbsp; **27143084** |
| **Health Care Equipment & Supplies 5.4%** | **Health Care Equipment & Supplies 5.4%** | **Health Care Equipment & Supplies 5.4%** |
| 920097 | Abbott Laboratories | &nbsp;&nbsp; 122906557 |
| 2247766 | Medtronic PLC | &nbsp;&nbsp; 186519623 |
| 210951 | Stryker Corp. | &nbsp;&nbsp; 80718290 |
| 422657 | &nbsp;&nbsp; Zimmer Biomet Holdings, <br> Inc.<br>| &nbsp;&nbsp; 38956296 |
|  |  | &nbsp;&nbsp; **429100766** |
| **Health Care Providers & Services 3.3%** | **Health Care Providers & Services 3.3%** | **Health Care Providers & Services 3.3%** |
| 117516 | CVS Health Corp. | &nbsp;&nbsp; 7525724 |
| 23966 | HCA Healthcare, Inc. | &nbsp;&nbsp; 9140393 |
| 490332 | Quest Diagnostics, Inc. | &nbsp;&nbsp; 84994149 |
| 529190 | UnitedHealth Group, Inc. | &nbsp;&nbsp; 159767753 |
|  |  | &nbsp;&nbsp; **261428019** |
| **Health Care REITs 0.2%** | **Health Care REITs 0.2%** | **Health Care REITs 0.2%** |
| 224118 | Ventas, Inc. | &nbsp;&nbsp; **14406305** |
| **Hotels, Restaurants & Leisure 2.5%** | **Hotels, Restaurants & Leisure 2.5%** | **Hotels, Restaurants & Leisure 2.5%** |
| 4012646 | Carnival Corp.<sup>\*</sup> | &nbsp;&nbsp; 93173640 |
| 2640221 | Las Vegas Sands Corp. | &nbsp;&nbsp; 108671496 |
|  |  | &nbsp;&nbsp; **201845136** |
| **Household Products 2.3%** | **Household Products 2.3%** | **Household Products 2.3%** |
| 1505662 | Colgate-Palmolive Co. | &nbsp;&nbsp; 139936226 |
| 274595 | Procter & Gamble Co. | &nbsp;&nbsp; 46650945 |
|  |  | &nbsp;&nbsp; **186587171** |
| **Industrial Conglomerates 1.8%** | **Industrial Conglomerates 1.8%** | **Industrial Conglomerates 1.8%** |
| 944816 | 3M Co. | &nbsp;&nbsp; **140163454** |

---

See Notes to Schedule of Investments

------

Schedule of Investments Large Cap Value Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Insurance 2.5%** | **Insurance 2.5%** | **Insurance 2.5%** |
| 1631745 | &nbsp;&nbsp; American International <br> Group, Inc.<br>| &nbsp;&nbsp; $138110897 |
| 161064 | Aon PLC Class A | &nbsp;&nbsp; 59928693 |
|  |  | &nbsp;&nbsp; **198039590** |
| **IT Services 2.7%** | **IT Services 2.7%** | **IT Services 2.7%** |
| 370257 | Accenture PLC Class A | &nbsp;&nbsp; 117304823 |
| 379361 | &nbsp;&nbsp; International Business <br> Machines Corp.<br>| &nbsp;&nbsp; 98277260 |
|  |  | &nbsp;&nbsp; **215582083** |
| **Life Sciences Tools & Services 1.4%** | **Life Sciences Tools & Services 1.4%** | **Life Sciences Tools & Services 1.4%** |
| 391499 | Danaher Corp. | &nbsp;&nbsp; 74345660 |
| 87731 | &nbsp;&nbsp; Thermo Fisher Scientific, <br> Inc.<br>| &nbsp;&nbsp; 35339801 |
|  |  | &nbsp;&nbsp; **109685461** |
| **Machinery 4.3%** | **Machinery 4.3%** | **Machinery 4.3%** |
| 170938 | Caterpillar, Inc. | &nbsp;&nbsp; 59491552 |
| 393216 | Cummins, Inc. | &nbsp;&nbsp; 126411080 |
| 272239 | Deere & Co. | &nbsp;&nbsp; 137823716 |
| 240652 | PACCAR, Inc. | &nbsp;&nbsp; 22585190 |
|  |  | &nbsp;&nbsp; **346311538** |
| **Metals & Mining 7.1%** | **Metals & Mining 7.1%** | **Metals & Mining 7.1%** |
| 1054667 | Agnico Eagle Mines Ltd. | &nbsp;&nbsp; 124440159 |
| 2078703 | Freeport-McMoRan, Inc. | &nbsp;&nbsp; 79988491 |
| 1997327 | Southern Copper Corp. | &nbsp;&nbsp; 181577024 |
| 2116776 | &nbsp;&nbsp; Wheaton Precious Metals <br> Corp.<br>| &nbsp;&nbsp; 183630318 |
|  |  | &nbsp;&nbsp; **569635992** |
| **Multi-Utilities 2.7%** | **Multi-Utilities 2.7%** | **Multi-Utilities 2.7%** |
| 583409 | DTE Energy Co. | &nbsp;&nbsp; 79722840 |
| 884001 | &nbsp;&nbsp; Public Service Enterprise <br> Group, Inc.<br>| &nbsp;&nbsp; 71630601 |
| 864874 | Sempra | &nbsp;&nbsp; 67970447 |
|  |  | &nbsp;&nbsp; **219323888** |
| **Oil, Gas & Consumable Fuels 9.0%** | **Oil, Gas & Consumable Fuels 9.0%** | **Oil, Gas & Consumable Fuels 9.0%** |
| 1303178 | Chevron Corp. | &nbsp;&nbsp; 178144433 |
| 902597 | Coterra Energy, Inc. | &nbsp;&nbsp; 21942133 |
| 866608 | EOG Resources, Inc. | &nbsp;&nbsp; 94087631 |
| 639938 | EQT Corp. | &nbsp;&nbsp; 35279782 |
| 3356614 | Exxon Mobil Corp. | &nbsp;&nbsp; 343381612 |
| 392999 | Phillips 66 | &nbsp;&nbsp; 44597526 |
|  |  | &nbsp;&nbsp; **717433117** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Personal Care Products 1.0%** | **Personal Care Products 1.0%** | **Personal Care Products 1.0%** |
| 1257948 | Unilever PLC ADR | &nbsp;&nbsp; **$80307400** |
| **Pharmaceuticals 4.8%** | **Pharmaceuticals 4.8%** | **Pharmaceuticals 4.8%** |
| 2379250 | Bristol-Myers Squibb Co. | &nbsp;&nbsp; 114870190 |
| 1753712 | Johnson & Johnson | &nbsp;&nbsp; 272193639 |
|  |  | &nbsp;&nbsp; **387063829** |
| **Professional Services 1.2%** | **Professional Services 1.2%** | **Professional Services 1.2%** |
| 613230 | Paychex, Inc. | &nbsp;&nbsp; **96835149** |
| **Semiconductors & Semiconductor Equipment 1.5%** | **Semiconductors & Semiconductor Equipment 1.5%** | **Semiconductors & Semiconductor Equipment 1.5%** |
| 411558 | &nbsp;&nbsp; Advanced Micro Devices, <br> Inc.<sup>\*</sup><br>| &nbsp;&nbsp; 45571817 |
| 3612137 | Intel Corp. | &nbsp;&nbsp; 70617279 |
|  |  | &nbsp;&nbsp; **116189096** |
| **Specialized REITs 1.4%** | **Specialized REITs 1.4%** | **Specialized REITs 1.4%** |
| 365627 | Public Storage | &nbsp;&nbsp; **112763023** |
| **Textiles, Apparel & Luxury Goods 0.6%** | **Textiles, Apparel & Luxury Goods 0.6%** | **Textiles, Apparel & Luxury Goods 0.6%** |
| 758623 | NIKE, Inc. Class B | &nbsp;&nbsp; **45964968** |
| **Tobacco 2.9%** | **Tobacco 2.9%** | **Tobacco 2.9%** |
| 1304235 | &nbsp;&nbsp; Philip Morris International, <br> Inc.<br>| &nbsp;&nbsp; **235531799** |
| **Wireless Telecommunication Services 0.6%** | **Wireless Telecommunication Services 0.6%** | **Wireless Telecommunication Services 0.6%** |
| 195556 | T-Mobile U.S., Inc. | &nbsp;&nbsp; **47363663** |
| **Total Common Stocks** <br> **(Cost $6,643,682,479)** | **Total Common Stocks** <br> **(Cost $6,643,682,479)** | &nbsp;&nbsp; **7680081237** |
| **Short-Term Investments 3.2%** | **Short-Term Investments 3.2%** | **Short-Term Investments 3.2%** |
| **Investment Companies 3.2%** | **Investment Companies 3.2%** | **Investment Companies 3.2%** |
| 260358044 | &nbsp;&nbsp; State Street Institutional <br> U.S. Government Money <br> Market Fund Premier Class, <br> 4.27%<sup>(a)</sup> <br>**(Cost $260,358,044)**<br>| &nbsp;&nbsp; **260358044** |
| **Total Investments 99.2%** <br> **(Cost $6,904,040,523)** | **Total Investments 99.2%** <br> **(Cost $6,904,040,523)** | &nbsp;&nbsp; **7940439281** |
| Other Assets Less Liabilities 0.8% | Other Assets Less Liabilities 0.8% | &nbsp;&nbsp; 60250291 |
| **Net Assets 100.0%** | **Net Assets 100.0%** | &nbsp;&nbsp; **$8000689572** |

---

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

\* Non-income producing security. <br> (a) Represents 7-day effective yield as of May 31, 2025.

See Notes to Schedule of Investments

------

Schedule of Investments Large Cap Value Fund^ (Unaudited) (cont'd)

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Investments: |  |  |  |  |
| Common Stocks<sup>#</sup> <br>| $7680081237 | $— | $— | $7680081237 |
| Short-Term Investments |  | 260358044 |  | 260358044 |
| **Total Investments** | **$7680081237** | **$260358044** | **$—** | **$7940439281** |

---

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

# The Schedule of Investments provides information on the industry or sector categorization.

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Schedule of Investments

------

Schedule of Investments Mid Cap Growth Fund^ (Unaudited)

May 31, 2025

&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Common Stocks 96.6%** | **Common Stocks 96.6%** | **Common Stocks 96.6%** |
| **Aerospace & Defense 4.9%** | **Aerospace & Defense 4.9%** | **Aerospace & Defense 4.9%** |
| 68000 | Axon Enterprise, Inc.<sup>\*</sup> | &nbsp;&nbsp; $51024480 |
| 145200 | HEICO Corp. | &nbsp;&nbsp; 43507728 |
|  |  | &nbsp;&nbsp; **94532208** |
| **Banks 1.2%** | **Banks 1.2%** | **Banks 1.2%** |
| 1950753 | NU Holdings Ltd. Class A<sup>\*</sup> | &nbsp;&nbsp; **23428543** |
| **Biotechnology 2.1%** | **Biotechnology 2.1%** | **Biotechnology 2.1%** |
| 72258 | &nbsp;&nbsp; Alnylam Pharmaceuticals, <br> Inc.<sup>\*</sup><br>| &nbsp;&nbsp; 22006897 |
| 119528 | Natera, Inc.<sup>\*</sup> | &nbsp;&nbsp; 18853151 |
|  |  | &nbsp;&nbsp; **40860048** |
| **Broadline Retail 1.5%** | **Broadline Retail 1.5%** | **Broadline Retail 1.5%** |
| 1022200 | Coupang, Inc.<sup>\*</sup> | &nbsp;&nbsp; **28672710** |
| **Capital Markets 7.1%** | **Capital Markets 7.1%** | **Capital Markets 7.1%** |
| 260404 | &nbsp;&nbsp; Ares Management Corp. <br> Class A<br>| &nbsp;&nbsp; 43096862 |
| 74585 | LPL Financial Holdings, Inc. | &nbsp;&nbsp; 28876329 |
| 296022 | &nbsp;&nbsp; Robinhood Markets, Inc. <br> Class A<sup>\*</sup><br>| &nbsp;&nbsp; 19581855 |
| 383693 | TPG, Inc. | &nbsp;&nbsp; 18467144 |
| 185749 | &nbsp;&nbsp; Tradeweb Markets, Inc. <br> Class A<br>| &nbsp;&nbsp; 26831443 |
|  |  | &nbsp;&nbsp; **136853633** |
| **Commercial Services & Supplies 3.0%** | **Commercial Services & Supplies 3.0%** | **Commercial Services & Supplies 3.0%** |
| 95948 | Cintas Corp. | &nbsp;&nbsp; 21732222 |
| 220700 | Veralto Corp. | &nbsp;&nbsp; 22297321 |
| 67400 | Waste Connections, Inc. | &nbsp;&nbsp; 13283866 |
|  |  | &nbsp;&nbsp; **57313409** |
| **Construction & Engineering 2.2%** | **Construction & Engineering 2.2%** | **Construction & Engineering 2.2%** |
| 42800 | Comfort Systems USA, Inc. | &nbsp;&nbsp; 20468244 |
| 61700 | Quanta Services, Inc. | &nbsp;&nbsp; 21135952 |
|  |  | &nbsp;&nbsp; **41604196** |
| **Consumer Staples Distribution & Retail 2.5%** | **Consumer Staples Distribution & Retail 2.5%** | **Consumer Staples Distribution & Retail 2.5%** |
| 159188 | &nbsp;&nbsp; BJ's Wholesale Club <br> Holdings, Inc.<sup>\*</sup><br>| &nbsp;&nbsp; 18021673 |
| 71700 | &nbsp;&nbsp; Sprouts Farmers Market, <br> Inc.<sup>\*</sup><br>| &nbsp;&nbsp; 12394062 |
| 223700 | U.S. Foods Holding Corp.<sup>\*</sup> | &nbsp;&nbsp; 17699144 |
|  |  | &nbsp;&nbsp; **48114879** |
| **Containers & Packaging 1.0%** | **Containers & Packaging 1.0%** | **Containers & Packaging 1.0%** |
| 100100 | Packaging Corp. of America | &nbsp;&nbsp; **19336317** |
| **Diversified Consumer Services 2.0%** | **Diversified Consumer Services 2.0%** | **Diversified Consumer Services 2.0%** |
| 40693 | Duolingo, Inc.<sup>\*</sup> | &nbsp;&nbsp; 21144490 |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Diversified Consumer Services – cont'd** | **Diversified Consumer Services – cont'd** | **Diversified Consumer Services – cont'd** |
| 221000 | Service Corp. International | &nbsp;&nbsp; $17238000 |
|  |  | &nbsp;&nbsp; **38382490** |
| **Electronic Equipment, Instruments & Components 1.9%** | **Electronic Equipment, Instruments & Components 1.9%** | **Electronic Equipment, Instruments & Components 1.9%** |
| 40546 | CDW Corp. | &nbsp;&nbsp; 7312877 |
| 238334 | Coherent Corp.<sup>\*</sup> | &nbsp;&nbsp; 18025200 |
| 203941 | Corning, Inc. | &nbsp;&nbsp; 10113434 |
|  |  | &nbsp;&nbsp; **35451511** |
| **Entertainment 4.1%** | **Entertainment 4.1%** | **Entertainment 4.1%** |
| 463165 | ROBLOX Corp. Class A<sup>\*</sup> | &nbsp;&nbsp; 40286092 |
| 58319 | Spotify Technology SA<sup>\*</sup> | &nbsp;&nbsp; 38790299 |
|  |  | &nbsp;&nbsp; **79076391** |
| **Financial Services 3.0%** | **Financial Services 3.0%** | **Financial Services 3.0%** |
| 87708 | Affirm Holdings, Inc.<sup>\*</sup> | &nbsp;&nbsp; 4552045 |
| 277258 | Equitable Holdings, Inc. | &nbsp;&nbsp; 14658631 |
| 906808 | Toast, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 38249161 |
|  |  | &nbsp;&nbsp; **57459837** |
| **Ground Transportation 0.5%** | **Ground Transportation 0.5%** | **Ground Transportation 0.5%** |
| 82222 | XPO, Inc.<sup>\*</sup> | &nbsp;&nbsp; **9359330** |
| **Health Care Equipment & Supplies 3.4%** | **Health Care Equipment & Supplies 3.4%** | **Health Care Equipment & Supplies 3.4%** |
| 293835 | Dexcom, Inc.<sup>\*</sup> | &nbsp;&nbsp; 25211043 |
| 56942 | IDEXX Laboratories, Inc.<sup>\*</sup> | &nbsp;&nbsp; 29231745 |
| 76928 | &nbsp;&nbsp; Inspire Medical Systems, <br> Inc.<sup>\*</sup><br>| &nbsp;&nbsp; 10631450 |
|  |  | &nbsp;&nbsp; **65074238** |
| **Health Care Providers & Services 3.7%** | **Health Care Providers & Services 3.7%** | **Health Care Providers & Services 3.7%** |
| 164300 | Cencora, Inc. | &nbsp;&nbsp; 47850732 |
| 16110 | Chemed Corp. | &nbsp;&nbsp; 9260672 |
| 105996 | Encompass Health Corp. | &nbsp;&nbsp; 12814917 |
|  |  | &nbsp;&nbsp; **69926321** |
| **Health Care Technology 0.9%** | **Health Care Technology 0.9%** | **Health Care Technology 0.9%** |
| 448167 | Waystar Holding Corp.<sup>\*</sup> | &nbsp;&nbsp; **17917717** |
| **Hotels, Restaurants & Leisure 7.2%** | **Hotels, Restaurants & Leisure 7.2%** | **Hotels, Restaurants & Leisure 7.2%** |
| 90700 | DoorDash, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 18924555 |
| 734400 | DraftKings, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 26350272 |
| 113000 | Royal Caribbean Cruises Ltd. | &nbsp;&nbsp; 29037610 |
| 98700 | Texas Roadhouse, Inc. | &nbsp;&nbsp; 19267227 |
| 72500 | Wingstop, Inc. | &nbsp;&nbsp; 24773250 |
| 132800 | Yum! Brands, Inc. | &nbsp;&nbsp; 19115232 |
|  |  | &nbsp;&nbsp; **137468146** |
| **Insurance 1.8%** | **Insurance 1.8%** | **Insurance 1.8%** |
| 68409 | Allstate Corp. | &nbsp;&nbsp; 14356997 |
| 58649 | Arthur J Gallagher & Co. | &nbsp;&nbsp; 20377008 |
|  |  | &nbsp;&nbsp; **34734005** |

---

See Notes to Schedule of Investments

------

Schedule of Investments Mid Cap Growth Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Interactive Media & Services 1.3%** | **Interactive Media & Services 1.3%** | **Interactive Media & Services 1.3%** |
| 221757 | Reddit, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; **$24914399** |
| **IT Services 2.2%** | **IT Services 2.2%** | **IT Services 2.2%** |
| 248961 | Cloudflare, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; **41300140** |
| **Life Sciences Tools & Services 1.7%** | **Life Sciences Tools & Services 1.7%** | **Life Sciences Tools & Services 1.7%** |
| 378903 | Stevanato Group SpA<sup>(a)</sup> | &nbsp;&nbsp; 8415436 |
| 33574 | Waters Corp.<sup>\*</sup> | &nbsp;&nbsp; 11725384 |
| 54377 | &nbsp;&nbsp; West Pharmaceutical <br> Services, Inc.<br>| &nbsp;&nbsp; 11465390 |
|  |  | &nbsp;&nbsp; **31606210** |
| **Machinery 0.6%** | **Machinery 0.6%** | **Machinery 0.6%** |
| 143500 | Ingersoll Rand, Inc. | &nbsp;&nbsp; **11715340** |
| **Oil, Gas & Consumable Fuels 2.6%** | **Oil, Gas & Consumable Fuels 2.6%** | **Oil, Gas & Consumable Fuels 2.6%** |
| 84900 | Cheniere Energy, Inc. | &nbsp;&nbsp; 20120451 |
| 187300 | Targa Resources Corp. | &nbsp;&nbsp; 29580289 |
|  |  | &nbsp;&nbsp; **49700740** |
| **Professional Services 2.5%** | **Professional Services 2.5%** | **Professional Services 2.5%** |
| 80800 | &nbsp;&nbsp; Broadridge Financial <br> Solutions, Inc.<br>| &nbsp;&nbsp; 19620664 |
| 87100 | Verisk Analytics, Inc. | &nbsp;&nbsp; 27361594 |
|  |  | &nbsp;&nbsp; **46982258** |
| **Semiconductors & Semiconductor Equipment 2.5%** | **Semiconductors & Semiconductor Equipment 2.5%** | **Semiconductors & Semiconductor Equipment 2.5%** |
| 340363 | &nbsp;&nbsp; Lattice Semiconductor <br> Corp.<sup>\*</sup><br>| &nbsp;&nbsp; 15295913 |
| 50288 | &nbsp;&nbsp; Monolithic Power Systems, <br> Inc.<br>| &nbsp;&nbsp; 33285627 |
|  |  | &nbsp;&nbsp; **48581540** |
| **Software 19.4%** | **Software 19.4%** | **Software 19.4%** |
| 224345 | AppLovin Corp. Class A<sup>\*</sup> | &nbsp;&nbsp; 88167585 |
| 62030 | CyberArk Software Ltd.<sup>\*</sup> | &nbsp;&nbsp; 23743844 |
| 312914 | Datadog, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 36886302 |
| 165283 | &nbsp;&nbsp; Descartes Systems Group, <br> Inc.<sup>\*</sup><br>| &nbsp;&nbsp; 19162911 |
| 12042 | Fair Isaac Corp.<sup>\*</sup> | &nbsp;&nbsp; 20787864 |
| 65345 | Guidewire Software, Inc.<sup>\*</sup> | &nbsp;&nbsp; 14050482 |
| 85312 | Manhattan Associates, Inc.<sup>\*</sup> | &nbsp;&nbsp; 16105199 |
| 59398 | MicroStrategy, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 21921426 |
| 179042 | Nutanix, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 13730731 |
| 682415 | &nbsp;&nbsp; Palantir Technologies, Inc. <br> Class A<sup>\*</sup><br>| &nbsp;&nbsp; 89928649 |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Software – cont'd** | **Software – cont'd** | **Software – cont'd** |
| 96445 | Zscaler, Inc.<sup>\*</sup> | &nbsp;&nbsp; $26589886 |
|  |  | &nbsp;&nbsp; **371074879** |
| **Specialty Retail 3.3%** | **Specialty Retail 3.3%** | **Specialty Retail 3.3%** |
| 61473 | Carvana Co.<sup>\*</sup> | &nbsp;&nbsp; 20111507 |
| 17022 | O'Reilly Automotive, Inc.<sup>\*</sup> | &nbsp;&nbsp; 23277585 |
| 138600 | Ross Stores, Inc. | &nbsp;&nbsp; 19416474 |
|  |  | &nbsp;&nbsp; **62805566** |
| **Technology Hardware, Storage & Peripherals 2.0%** | **Technology Hardware, Storage & Peripherals 2.0%** | **Technology Hardware, Storage & Peripherals 2.0%** |
| 135488 | NetApp, Inc. | &nbsp;&nbsp; 13434990 |
| 448223 | Pure Storage, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 24020271 |
|  |  | &nbsp;&nbsp; **37455261** |
| **Trading Companies & Distributors 4.5%** | **Trading Companies & Distributors 4.5%** | **Trading Companies & Distributors 4.5%** |
| 96100 | AerCap Holdings NV | &nbsp;&nbsp; 11121653 |
| 624100 | QXO, Inc.<sup>(a)</sup> | &nbsp;&nbsp; 10609700 |
| 27400 | United Rentals, Inc. | &nbsp;&nbsp; 19409612 |
| 41600 | W.W. Grainger, Inc. | &nbsp;&nbsp; 45242496 |
|  |  | &nbsp;&nbsp; **86383461** |
| **Total Common Stocks** <br> **(Cost $1,541,427,943)** | **Total Common Stocks** <br> **(Cost $1,541,427,943)** | &nbsp;&nbsp; **1848085723** |
| **Short-Term Investments 4.2%** | **Short-Term Investments 4.2%** | **Short-Term Investments 4.2%** |
| **Investment Companies 4.2%** | **Investment Companies 4.2%** | **Investment Companies 4.2%** |
| 66879814 | &nbsp;&nbsp; State Street Institutional <br> U.S. Government Money <br> Market Fund Premier Class, <br> 4.27%<sup>(b)</sup><br>| &nbsp;&nbsp; 66879814 |
| 13840219 | &nbsp;&nbsp; State Street Navigator <br> Securities Lending <br> Government Money Market <br> Portfolio, 4.31%<sup>(b)(c)</sup><br>| &nbsp;&nbsp; 13840219 |
| **Total Short-Term Investments** <br> **(Cost $80,720,033)** | **Total Short-Term Investments** <br> **(Cost $80,720,033)** | &nbsp;&nbsp; **80720033** |
| **Total Investments 100.8%** <br> **(Cost $1,622,147,976)** | **Total Investments 100.8%** <br> **(Cost $1,622,147,976)** | &nbsp;&nbsp; **1928805756** |
| Liabilities Less Other Assets (0.8)% | Liabilities Less Other Assets (0.8)% | &nbsp;&nbsp; (15181812)<br>|
| **Net Assets 100.0%** | **Net Assets 100.0%** | &nbsp;&nbsp; **$1913623944** |

---

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

\* Non-income producing security.

(a) All or a portion of this security is on loan at May 31, 2025. Total value of all such securities at May 31, 2025 amounted to $19,058,686, collateralized by cash collateral of $13,840,219 and non-cash (U.S. Treasury Securities) collateral of $6,038,190 for the Fund. 

(b) Represents 7-day effective yield as of May 31, 2025.

(c) Represents investment of cash collateral received from securities lending.

See Notes to Schedule of Investments

------

Schedule of Investments Mid Cap Growth Fund^ (Unaudited) (cont'd)

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Investments: |  |  |  |  |
| Common Stocks<sup>#</sup> <br>| $1848085723 | $— | $— | $1848085723 |
| Short-Term Investments |  | 80720033 |  | 80720033 |
| **Total Investments** | **$1848085723** | **$80720033** | **$—** | **$1928805756** |

---

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

# The Schedule of Investments provides information on the industry or sector categorization.

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Schedule of Investments

------

Schedule of Investments Mid Cap Intrinsic Value Fund^ (Unaudited)

May 31, 2025

&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Common Stocks 99.7%** | **Common Stocks 99.7%** | **Common Stocks 99.7%** |
| **Aerospace & Defense 2.9%** | **Aerospace & Defense 2.9%** | **Aerospace & Defense 2.9%** |
| 1008 | General Dynamics Corp. | &nbsp;&nbsp; $280718 |
| 4668 | L3Harris Technologies, Inc. | &nbsp;&nbsp; 1140579 |
|  |  | &nbsp;&nbsp; **1421297** |
| **Air Freight & Logistics 2.5%** | **Air Freight & Logistics 2.5%** | **Air Freight & Logistics 2.5%** |
| 3584 | FedEx Corp. | &nbsp;&nbsp; 781670 |
| 11289 | GXO Logistics, Inc.<sup>\*</sup> | &nbsp;&nbsp; 464430 |
|  |  | &nbsp;&nbsp; **1246100** |
| **Automobile Components 2.5%** | **Automobile Components 2.5%** | **Automobile Components 2.5%** |
| 18674 | Aptiv PLC<sup>\*</sup> | &nbsp;&nbsp; **1247610** |
| **Banks 3.4%** | **Banks 3.4%** | **Banks 3.4%** |
| 54637 | Huntington Bancshares, Inc. | &nbsp;&nbsp; 853976 |
| 20947 | Truist Financial Corp. | &nbsp;&nbsp; 827407 |
|  |  | &nbsp;&nbsp; **1681383** |
| **Building Products 2.4%** | **Building Products 2.4%** | **Building Products 2.4%** |
| 13605 | Fortune Brands Innovations, Inc. | &nbsp;&nbsp; 685692 |
| 24188 | Resideo Technologies, Inc.<sup>\*</sup> | &nbsp;&nbsp; 500692 |
|  |  | &nbsp;&nbsp; **1186384** |
| **Chemicals 0.7%** | **Chemicals 0.7%** | **Chemicals 0.7%** |
| 6957 | Ashland, Inc. | &nbsp;&nbsp; **344441** |
| **Commercial Services & Supplies 1.8%** | **Commercial Services & Supplies 1.8%** | **Commercial Services & Supplies 1.8%** |
| 38767 | OPENLANE, Inc.<sup>\*</sup> | &nbsp;&nbsp; **888927** |
| **Communications Equipment 3.4%** | **Communications Equipment 3.4%** | **Communications Equipment 3.4%** |
| 15258 | Ciena Corp.<sup>\*</sup> | &nbsp;&nbsp; 1221556 |
| 1103 | Motorola Solutions, Inc. | &nbsp;&nbsp; 458164 |
|  |  | &nbsp;&nbsp; **1679720** |
| **Construction & Engineering 2.0%** | **Construction & Engineering 2.0%** | **Construction & Engineering 2.0%** |
| 11403 | Arcosa, Inc. | &nbsp;&nbsp; **983737** |
| **Consumer Finance 0.8%** | **Consumer Finance 0.8%** | **Consumer Finance 0.8%** |
| 8059 | Bread Financial Holdings, Inc. | &nbsp;&nbsp; **412943** |
| **Consumer Staples Distribution & Retail 1.6%** | **Consumer Staples Distribution & Retail 1.6%** | **Consumer Staples Distribution & Retail 1.6%** |
| 8699 | Dollar Tree, Inc.<sup>\*</sup> | &nbsp;&nbsp; **785172** |
| **Containers & Packaging 2.0%** | **Containers & Packaging 2.0%** | **Containers & Packaging 2.0%** |
| 2153 | Avery Dennison Corp. | &nbsp;&nbsp; 382653 |
| 19475 | Sealed Air Corp. | &nbsp;&nbsp; 627095 |
|  |  | &nbsp;&nbsp; **1009748** |
| **Electric Utilities 2.2%** | **Electric Utilities 2.2%** | **Electric Utilities 2.2%** |
| 25470 | FirstEnergy Corp. | &nbsp;&nbsp; **1068212** |
| **Electrical Equipment 0.7%** | **Electrical Equipment 0.7%** | **Electrical Equipment 0.7%** |
| 1069 | Rockwell Automation, Inc. | &nbsp;&nbsp; **337323** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Electronic Equipment, Instruments & Components 8.1%** | **Electronic Equipment, Instruments & Components 8.1%** | **Electronic Equipment, Instruments & Components 8.1%** |
| 3404 | CDW Corp. | &nbsp;&nbsp; $613946 |
| 8003 | Coherent Corp.<sup>\*</sup> | &nbsp;&nbsp; 605267 |
| 13973 | IPG Photonics Corp.<sup>\*</sup> | &nbsp;&nbsp; 925851 |
| 5767 | Itron, Inc.<sup>\*</sup> | &nbsp;&nbsp; 666665 |
| 2449 | Teledyne Technologies, Inc.<sup>\*</sup> | &nbsp;&nbsp; 1221708 |
|  |  | &nbsp;&nbsp; **4033437** |
| **Energy Equipment & Services 1.9%** | **Energy Equipment & Services 1.9%** | **Energy Equipment & Services 1.9%** |
| 25960 | Baker Hughes Co. | &nbsp;&nbsp; **961818** |
| **Entertainment 1.7%** | **Entertainment 1.7%** | **Entertainment 1.7%** |
| 97405 | Lionsgate Studios Corp.<sup>\*</sup> | &nbsp;&nbsp; 704238 |
| 6493 | Starz Entertainment Corp.<sup>\*</sup> | &nbsp;&nbsp; 136093 |
|  |  | &nbsp;&nbsp; **840331** |
| **Food Products 1.4%** | **Food Products 1.4%** | **Food Products 1.4%** |
| 43182 | Hain Celestial Group, Inc.<sup>\*</sup> | &nbsp;&nbsp; 80751 |
| 27381 | TreeHouse Foods, Inc.<sup>\*</sup> | &nbsp;&nbsp; 614977 |
|  |  | &nbsp;&nbsp; **695728** |
| **Health Care Equipment & Supplies 3.0%** | **Health Care Equipment & Supplies 3.0%** | **Health Care Equipment & Supplies 3.0%** |
| 11024 | Haemonetics Corp.<sup>\*</sup> | &nbsp;&nbsp; 746435 |
| 7988 | Zimmer Biomet Holdings, Inc. | &nbsp;&nbsp; 736254 |
|  |  | &nbsp;&nbsp; **1482689** |
| **Health Care Providers & Services 2.1%** | **Health Care Providers & Services 2.1%** | **Health Care Providers & Services 2.1%** |
| 1421 | McKesson Corp. | &nbsp;&nbsp; **1022424** |
| **Hotels, Restaurants & Leisure 5.5%** | **Hotels, Restaurants & Leisure 5.5%** | **Hotels, Restaurants & Leisure 5.5%** |
| 59116 | International Game Technology PLC | &nbsp;&nbsp; 869597 |
| 22971 | MGM Resorts International<sup>\*</sup> | &nbsp;&nbsp; 727032 |
| 18395 | Travel & Leisure Co. | &nbsp;&nbsp; 893445 |
| 4961 | United Parks & Resorts, Inc.<sup>\*</sup> | &nbsp;&nbsp; 222203 |
|  |  | &nbsp;&nbsp; **2712277** |
| **Independent Power and Renewable Electricity** <br> **Producers 1.5%** | **Independent Power and Renewable Electricity** <br> **Producers 1.5%** | **Independent Power and Renewable Electricity** <br> **Producers 1.5%** |
| 4607 | Vistra Corp. | &nbsp;&nbsp; **739746** |
| **Industrial REITs 0.9%** | **Industrial REITs 0.9%** | **Industrial REITs 0.9%** |
| 12470 | STAG Industrial, Inc. | &nbsp;&nbsp; **443683** |
| **Insurance 3.6%** | **Insurance 3.6%** | **Insurance 3.6%** |
| 4523 | Allstate Corp. | &nbsp;&nbsp; 949242 |
| 7042 | Globe Life, Inc. | &nbsp;&nbsp; 858208 |
|  |  | &nbsp;&nbsp; **1807450** |
| **IT Services 2.4%** | **IT Services 2.4%** | **IT Services 2.4%** |
| 12450 | Kyndryl Holdings, Inc.<sup>\*</sup> | &nbsp;&nbsp; 486048 |
| 4871 | Wix.com Ltd.<sup>\*</sup> | &nbsp;&nbsp; 725535 |
|  |  | &nbsp;&nbsp; **1211583** |

---

See Notes to Schedule of Investments

------

Schedule of Investments Mid Cap Intrinsic Value Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Life Sciences Tools & Services 0.4%** | **Life Sciences Tools & Services 0.4%** | **Life Sciences Tools & Services 0.4%** |
| 1371 | &nbsp;&nbsp; Charles River Laboratories <br> International, Inc.<sup>\*</sup><br>| &nbsp;&nbsp; **$185949** |
| **Machinery 2.4%** | **Machinery 2.4%** | **Machinery 2.4%** |
| 55203 | Gates Industrial Corp. PLC<sup>\*</sup> | &nbsp;&nbsp; **1167543** |
| **Multi-Utilities 4.4%** | **Multi-Utilities 4.4%** | **Multi-Utilities 4.4%** |
| 37900 | CenterPoint Energy, Inc. | &nbsp;&nbsp; 1411396 |
| 13838 | Dominion Energy, Inc. | &nbsp;&nbsp; 784199 |
|  |  | &nbsp;&nbsp; **2195595** |
| **Oil, Gas & Consumable Fuels 6.5%** | **Oil, Gas & Consumable Fuels 6.5%** | **Oil, Gas & Consumable Fuels 6.5%** |
| 15083 | Devon Energy Corp. | &nbsp;&nbsp; 456412 |
| 8474 | EOG Resources, Inc. | &nbsp;&nbsp; 920022 |
| 3923 | Phillips 66 | &nbsp;&nbsp; 445182 |
| 22695 | Williams Cos., Inc. | &nbsp;&nbsp; 1373274 |
|  |  | &nbsp;&nbsp; **3194890** |
| **Professional Services 5.5%** | **Professional Services 5.5%** | **Professional Services 5.5%** |
| 116237 | Alight, Inc. Class A | &nbsp;&nbsp; 634654 |
| 13182 | Concentrix Corp. | &nbsp;&nbsp; 737731 |
| 163835 | Conduent, Inc.<sup>\*</sup> | &nbsp;&nbsp; 366990 |
| 18786 | KBR, Inc. | &nbsp;&nbsp; 980441 |
|  |  | &nbsp;&nbsp; **2719816** |
| **Real Estate Management & Development 1.0%** | **Real Estate Management & Development 1.0%** | **Real Estate Management & Development 1.0%** |
| 2138 | Jones Lang LaSalle, Inc.<sup>\*</sup> | &nbsp;&nbsp; **476133** |
| **Retail REITs 2.1%** | **Retail REITs 2.1%** | **Retail REITs 2.1%** |
| 14530 | Regency Centers Corp. | &nbsp;&nbsp; **1048339** |
| **Semiconductors & Semiconductor Equipment 4.0%** | **Semiconductors & Semiconductor Equipment 4.0%** | **Semiconductors & Semiconductor Equipment 4.0%** |
| 6967 | Enphase Energy, Inc.<sup>\*</sup> | &nbsp;&nbsp; 288364 |
| 22227 | Intel Corp. | &nbsp;&nbsp; 434538 |
| 2542 | NXP Semiconductors NV | &nbsp;&nbsp; 485852 |
| 11085 | Skyworks Solutions, Inc. | &nbsp;&nbsp; 765198 |
|  |  | &nbsp;&nbsp; **1973952** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Software 4.4%** | **Software 4.4%** | **Software 4.4%** |
| 8927 | Docusign, Inc.<sup>\*</sup> | &nbsp;&nbsp; $791021 |
| 42958 | UiPath, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 571771 |
| 10147 | Zoom Communications, Inc.<sup>\*</sup> | &nbsp;&nbsp; 824444 |
|  |  | &nbsp;&nbsp; **2187236** |
| **Specialty Retail 1.0%** | **Specialty Retail 1.0%** | **Specialty Retail 1.0%** |
| 4763 | Best Buy Co., Inc. | &nbsp;&nbsp; 315692 |
| 11488 | ODP Corp.<sup>\*</sup> | &nbsp;&nbsp; 188977 |
|  |  | &nbsp;&nbsp; **504669** |
| **Technology Hardware, Storage & Peripherals 4.0%** | **Technology Hardware, Storage & Peripherals 4.0%** | **Technology Hardware, Storage & Peripherals 4.0%** |
| 52485 | Hewlett Packard Enterprise Co. | &nbsp;&nbsp; 906941 |
| 19638 | Pure Storage, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 1052400 |
|  |  | &nbsp;&nbsp; **1959341** |
| **Textiles, Apparel & Luxury Goods 0.7%** | **Textiles, Apparel & Luxury Goods 0.7%** | **Textiles, Apparel & Luxury Goods 0.7%** |
| 52039 | Under Armour, Inc. Class C<sup>\*</sup> | &nbsp;&nbsp; **327846** |
| **Trading Companies & Distributors 2.3%** | **Trading Companies & Distributors 2.3%** | **Trading Companies & Distributors 2.3%** |
| 9999 | AerCap Holdings NV | &nbsp;&nbsp; **1157185** |
| **Total Common Stocks (Cost $40,856,819)** | **Total Common Stocks (Cost $40,856,819)** | &nbsp;&nbsp; **49342657** |
| **Short-Term Investments 0.2%** | **Short-Term Investments 0.2%** | **Short-Term Investments 0.2%** |
| **Investment Companies 0.2%** | **Investment Companies 0.2%** | **Investment Companies 0.2%** |
| 80263 | &nbsp;&nbsp; State Street Institutional <br> U.S. Government Money Market <br> Fund Premier Class, 4.27%<sup>(a)</sup> <br>**(Cost $80,263)**<br>| &nbsp;&nbsp; **80263** |
| **Total Investments 99.9%** <br> **(Cost $40,937,082)** | **Total Investments 99.9%** <br> **(Cost $40,937,082)** | &nbsp;&nbsp; **49422920** |
| Other Assets Less Liabilities 0.1% | Other Assets Less Liabilities 0.1% | &nbsp;&nbsp; 40890 |
| **Net Assets 100.0%** | **Net Assets 100.0%** | &nbsp;&nbsp; **$49463810** |

---

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

\* Non-income producing security. <br> (a) Represents 7-day effective yield as of May 31, 2025.

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Investments: |  |  |  |  |
| Common Stocks<sup>#</sup> <br>| $49342657 | $— | $— | $49342657 |
| Short-Term Investments |  | 80263 |  | 80263 |
| **Total Investments** | **$49342657** | **$80263** | **$—** | **$49422920** |

---

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

# The Schedule of Investments provides information on the industry or sector categorization.

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Schedule of Investments

------

Schedule of Investments Multi-Cap Opportunities Fund^ (Unaudited)

May 31, 2025

&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Common Stocks 100.0%** | **Common Stocks 100.0%** | **Common Stocks 100.0%** |
| **Automobiles 2.0%** | **Automobiles 2.0%** | **Automobiles 2.0%** |
| 95000 | General Motors Co. | &nbsp;&nbsp; **$4712950** |
| **Banks 3.1%** | **Banks 3.1%** | **Banks 3.1%** |
| 28000 | JPMorgan Chase & Co. | &nbsp;&nbsp; **7392000** |
| **Broadline Retail 4.1%** | **Broadline Retail 4.1%** | **Broadline Retail 4.1%** |
| 47000 | Amazon.com, Inc.<sup>\*</sup> | &nbsp;&nbsp; **9635470** |
| **Capital Markets 10.4%** | **Capital Markets 10.4%** | **Capital Markets 10.4%** |
| 156000 | Brookfield Corp. | &nbsp;&nbsp; 9004320 |
| 33000 | Intercontinental Exchange, Inc. | &nbsp;&nbsp; 5933400 |
| 30000 | Morgan Stanley | &nbsp;&nbsp; 3840900 |
| 72000 | Nasdaq, Inc. | &nbsp;&nbsp; 6014880 |
|  |  | &nbsp;&nbsp; **24793500** |
| **Commercial Services & Supplies 1.5%** | **Commercial Services & Supplies 1.5%** | **Commercial Services & Supplies 1.5%** |
| 36000 | Veralto Corp. | &nbsp;&nbsp; **3637080** |
| **Communications Equipment 2.2%** | **Communications Equipment 2.2%** | **Communications Equipment 2.2%** |
| 12700 | Motorola Solutions, Inc. | &nbsp;&nbsp; **5275326** |
| **Construction Materials 1.9%** | **Construction Materials 1.9%** | **Construction Materials 1.9%** |
| 22000 | Eagle Materials, Inc. | &nbsp;&nbsp; **4448620** |
| **Consumer Staples Distribution & Retail 4.6%** | **Consumer Staples Distribution & Retail 4.6%** | **Consumer Staples Distribution & Retail 4.6%** |
| 28000 | &nbsp;&nbsp; BJ's Wholesale Club Holdings, <br> Inc.<sup>\*</sup><br>| &nbsp;&nbsp; 3169880 |
| 98000 | U.S. Foods Holding Corp.<sup>\*</sup> | &nbsp;&nbsp; 7753760 |
|  |  | &nbsp;&nbsp; **10923640** |
| **Containers & Packaging 4.6%** | **Containers & Packaging 4.6%** | **Containers & Packaging 4.6%** |
| 20000 | Avery Dennison Corp. | &nbsp;&nbsp; 3554600 |
| 43000 | Ball Corp. | &nbsp;&nbsp; 2303940 |
| 230000 | Graphic Packaging Holding Co. | &nbsp;&nbsp; 5110600 |
|  |  | &nbsp;&nbsp; **10969140** |
| **Electric Utilities 3.0%** | **Electric Utilities 3.0%** | **Electric Utilities 3.0%** |
| 56000 | Alliant Energy Corp. | &nbsp;&nbsp; 3484880 |
| 50000 | NextEra Energy, Inc. | &nbsp;&nbsp; 3532000 |
|  |  | &nbsp;&nbsp; **7016880** |
| **Electrical Equipment 1.9%** | **Electrical Equipment 1.9%** | **Electrical Equipment 1.9%** |
| 9000 | nVent Electric PLC | &nbsp;&nbsp; 592200 |
| 12500 | Rockwell Automation, Inc. | &nbsp;&nbsp; 3944375 |
|  |  | &nbsp;&nbsp; **4536575** |
| **Financial Services 6.9%** | **Financial Services 6.9%** | **Financial Services 6.9%** |
| 45000 | &nbsp;&nbsp; Apollo Global Management, <br> Inc.<br>| &nbsp;&nbsp; 5881050 |
| 21000 | &nbsp;&nbsp; Berkshire Hathaway, Inc. <br> Class B<sup>\*</sup><br>| &nbsp;&nbsp; 10583160 |
|  |  | &nbsp;&nbsp; **16464210** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Food Products 1.6%** | **Food Products 1.6%** | **Food Products 1.6%** |
| 55000 | &nbsp;&nbsp; Mondelez International, Inc. <br> Class A<br>| &nbsp;&nbsp; **$3711950** |
| **Ground Transportation 2.1%** | **Ground Transportation 2.1%** | **Ground Transportation 2.1%** |
| 85000 | CSX Corp. | &nbsp;&nbsp; 2685150 |
| 27000 | Uber Technologies, Inc.<sup>\*</sup> | &nbsp;&nbsp; 2272320 |
|  |  | &nbsp;&nbsp; **4957470** |
| **Health Care Providers & Services 2.7%** | **Health Care Providers & Services 2.7%** | **Health Care Providers & Services 2.7%** |
| 17000 | HCA Healthcare, Inc. | &nbsp;&nbsp; **6483630** |
| **Hotels, Restaurants & Leisure 5.9%** | **Hotels, Restaurants & Leisure 5.9%** | **Hotels, Restaurants & Leisure 5.9%** |
| 163000 | Aramark | &nbsp;&nbsp; 6601500 |
| 575 | Booking Holdings, Inc. | &nbsp;&nbsp; 3173384 |
| 13500 | McDonald's Corp. | &nbsp;&nbsp; 4236975 |
|  |  | &nbsp;&nbsp; **14011859** |
| **Household Products 0.4%** | **Household Products 0.4%** | **Household Products 0.4%** |
| 4000 | WD-40 Co. | &nbsp;&nbsp; **974520** |
| **Insurance 2.7%** | **Insurance 2.7%** | **Insurance 2.7%** |
| 15000 | Chubb Ltd. | &nbsp;&nbsp; 4458000 |
| 7000 | Progressive Corp. | &nbsp;&nbsp; 1994510 |
|  |  | &nbsp;&nbsp; **6452510** |
| **Interactive Media & Services 5.5%** | **Interactive Media & Services 5.5%** | **Interactive Media & Services 5.5%** |
| 53000 | Alphabet, Inc. Class C | &nbsp;&nbsp; 9161050 |
| 6000 | Meta Platforms, Inc. Class A | &nbsp;&nbsp; 3884940 |
|  |  | &nbsp;&nbsp; **13045990** |
| **Life Sciences Tools & Services 1.4%** | **Life Sciences Tools & Services 1.4%** | **Life Sciences Tools & Services 1.4%** |
| 17500 | Danaher Corp. | &nbsp;&nbsp; **3323250** |
| **Machinery 3.3%** | **Machinery 3.3%** | **Machinery 3.3%** |
| 14500 | Nordson Corp. | &nbsp;&nbsp; 3073855 |
| 24000 | &nbsp;&nbsp; Westinghouse Air Brake <br> Technologies Corp.<br>| &nbsp;&nbsp; 4855680 |
|  |  | &nbsp;&nbsp; **7929535** |
| **Oil, Gas & Consumable Fuels 1.7%** | **Oil, Gas & Consumable Fuels 1.7%** | **Oil, Gas & Consumable Fuels 1.7%** |
| 38000 | EOG Resources, Inc. | &nbsp;&nbsp; **4125660** |
| **Professional Services 2.9%** | **Professional Services 2.9%** | **Professional Services 2.9%** |
| 42000 | TransUnion | &nbsp;&nbsp; 3596460 |
| 10500 | Verisk Analytics, Inc. | &nbsp;&nbsp; 3298470 |
|  |  | &nbsp;&nbsp; **6894930** |
| **Semiconductors & Semiconductor Equipment 5.1%** | **Semiconductors & Semiconductor Equipment 5.1%** | **Semiconductors & Semiconductor Equipment 5.1%** |
| 4000 | ASML Holding NV | &nbsp;&nbsp; 2947080 |
| 25000 | Broadcom, Inc. | &nbsp;&nbsp; 6051750 |
| 21000 | QUALCOMM, Inc. | &nbsp;&nbsp; 3049200 |
|  |  | &nbsp;&nbsp; **12048030** |
| **Software 8.5%** | **Software 8.5%** | **Software 8.5%** |
| 29000 | Microsoft Corp. | &nbsp;&nbsp; 13350440 |

---

See Notes to Schedule of Investments

------

Schedule of Investments Multi-Cap Opportunities Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Software – cont'd** | **Software – cont'd** | **Software – cont'd** |
| 41000 | Oracle Corp. | &nbsp;&nbsp; $6786730 |
|  |  | &nbsp;&nbsp; **20137170** |
| **Specialty Retail 2.8%** | **Specialty Retail 2.8%** | **Specialty Retail 2.8%** |
| 15000 | Lowe's Cos., Inc. | &nbsp;&nbsp; 3385950 |
| 25000 | TJX Cos., Inc. | &nbsp;&nbsp; 3172500 |
|  |  | &nbsp;&nbsp; **6558450** |
| **Technology Hardware, Storage & Peripherals 4.5%** | **Technology Hardware, Storage & Peripherals 4.5%** | **Technology Hardware, Storage & Peripherals 4.5%** |
| 53000 | Apple, Inc. | &nbsp;&nbsp; **10645050** |
| **Wireless Telecommunication Services 2.7%** | **Wireless Telecommunication Services 2.7%** | **Wireless Telecommunication Services 2.7%** |
| 27000 | T-Mobile U.S., Inc. | &nbsp;&nbsp; **6539400** |
| **Total Common Stocks (Cost $149,692,687)** | **Total Common Stocks (Cost $149,692,687)** | &nbsp;&nbsp; **237644795** |

---

---

| | |
|:---|:---|
| **Number of Shares** | **Value** |
| **Short-Term Investments 0.4%** | **Short-Term Investments 0.4%** |
| **Investment Companies 0.4%** | **Investment Companies 0.4%** |
| 1021458<br> &nbsp;&nbsp; State Street Institutional <br> Treasury Money Market Fund <br> Premier Class, 4.22%<sup>(a)</sup> <br>**(Cost $1,021,458)**<br>| &nbsp;&nbsp; **$1021458** |
| **Total Investments 100.4%** <br> **(Cost $150,714,145)** | &nbsp;&nbsp; **238666253** |
| Liabilities Less Other Assets (0.4)% | &nbsp;&nbsp; (1067385)<br>|
| **Net Assets 100.0%** | &nbsp;&nbsp; **$237598868** |

---

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

\* Non-income producing security. <br> (a) Represents 7-day effective yield as of May 31, 2025.

See Notes to Schedule of Investments

------

Schedule of Investments Multi-Cap Opportunities Fund^ (Unaudited) (cont'd)

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Investments: |  |  |  |  |
| Common Stocks<sup>#</sup> <br>| $237644795 | $— | $— | $237644795 |
| Short-Term Investments |  | 1021458 |  | 1021458 |
| **Total Investments** | **$237644795** | **$1021458** | **$—** | **$238666253** |

---

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

# The Schedule of Investments provides information on the industry or sector categorization.

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Schedule of Investments

------

Schedule of Investments Real Estate Fund^ (Unaudited)

May 31, 2025

&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Common Stocks 98.5%** | **Common Stocks 98.5%** | **Common Stocks 98.5%** |
| **Apartments 10.1%** | **Apartments 10.1%** | **Apartments 10.1%** |
| 181419 | AvalonBay Communities, Inc. | &nbsp;&nbsp; $37512007 |
| 131116 | Camden Property Trust | &nbsp;&nbsp; 15404819 |
| 409870 | UDR, Inc. | &nbsp;&nbsp; 16980914 |
|  |  | &nbsp;&nbsp; **69897740** |
| **Data Centers 9.7%** | **Data Centers 9.7%** | **Data Centers 9.7%** |
| 95904 | Digital Realty Trust, Inc. | &nbsp;&nbsp; 16449454 |
| 57359 | Equinix, Inc. | &nbsp;&nbsp; 50981827 |
|  |  | &nbsp;&nbsp; **67431281** |
| **Free Standing 5.8%** | **Free Standing 5.8%** | **Free Standing 5.8%** |
| 180489 | Agree Realty Corp. | &nbsp;&nbsp; 13590822 |
| 546596 | &nbsp;&nbsp; Essential Properties Realty <br> Trust, Inc.<br>| &nbsp;&nbsp; 17764370 |
| 152952 | Realty Income Corp. | &nbsp;&nbsp; 8660142 |
|  |  | &nbsp;&nbsp; **40015334** |
| **Gaming 1.4%** | **Gaming 1.4%** | **Gaming 1.4%** |
| 206229 | &nbsp;&nbsp; Gaming & Leisure Properties, <br> Inc.<br>| &nbsp;&nbsp; **9630894** |
| **Health Care 15.2%** | **Health Care 15.2%** | **Health Care 15.2%** |
| 277340 | American Healthcare REIT, Inc. | &nbsp;&nbsp; 9690260 |
| 188461 | &nbsp;&nbsp; Omega Healthcare Investors, <br> Inc.<br>| &nbsp;&nbsp; 6973057 |
| 473273 | Ventas, Inc. | &nbsp;&nbsp; 30421988 |
| 374502 | Welltower, Inc. | &nbsp;&nbsp; 57778169 |
|  |  | &nbsp;&nbsp; **104863474** |
| **Industrial 9.0%** | **Industrial 9.0%** | **Industrial 9.0%** |
| 40372 | EastGroup Properties, Inc. | &nbsp;&nbsp; 6845073 |
| 438580 | Prologis, Inc. | &nbsp;&nbsp; 47629788 |
| 229530 | Rexford Industrial Realty, Inc. | &nbsp;&nbsp; 8088637 |
|  |  | &nbsp;&nbsp; **62563498** |
| **Manufactured Homes 5.5%** | **Manufactured Homes 5.5%** | **Manufactured Homes 5.5%** |
| 152960 | Equity LifeStyle Properties, Inc. | &nbsp;&nbsp; 9723667 |
| 226870 | Sun Communities, Inc. | &nbsp;&nbsp; 28004833 |
|  |  | &nbsp;&nbsp; **37728500** |
| **Office 2.1%** | **Office 2.1%** | **Office 2.1%** |
| 376918 | Cousins Properties, Inc. | &nbsp;&nbsp; 10580088 |
| 2222435 | Hudson Pacific Properties, Inc. | &nbsp;&nbsp; 4133729 |
|  |  | &nbsp;&nbsp; **14713817** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Regional Malls 4.3%** | **Regional Malls 4.3%** | **Regional Malls 4.3%** |
| 480076 | Macerich Co. | &nbsp;&nbsp; $7767630 |
| 135854 | Simon Property Group, Inc. | &nbsp;&nbsp; 22153712 |
|  |  | &nbsp;&nbsp; **29921342** |
| **Self Storage 6.9%** | **Self Storage 6.9%** | **Self Storage 6.9%** |
| 105636 | Extra Space Storage, Inc. | &nbsp;&nbsp; 15966881 |
| 102870 | Public Storage | &nbsp;&nbsp; 31726137 |
|  |  | &nbsp;&nbsp; **47693018** |
| **Shopping Centers 5.1%** | **Shopping Centers 5.1%** | **Shopping Centers 5.1%** |
| 90519 | Federal Realty Investment Trust | &nbsp;&nbsp; 8642754 |
| 544561 | InvenTrust Properties Corp. | &nbsp;&nbsp; 15296718 |
| 523683 | Kimco Realty Corp. | &nbsp;&nbsp; 11133501 |
|  |  | &nbsp;&nbsp; **35072973** |
| **Single Family Homes 5.4%** | **Single Family Homes 5.4%** | **Single Family Homes 5.4%** |
| 305117 | &nbsp;&nbsp; American Homes 4 Rent <br> Class A<br>| &nbsp;&nbsp; 11548678 |
| 765370 | Invitation Homes, Inc. | &nbsp;&nbsp; 25792969 |
|  |  | &nbsp;&nbsp; **37341647** |
| **Specialty 2.0%** | **Specialty 2.0%** | **Specialty 2.0%** |
| 138297 | Iron Mountain, Inc. | &nbsp;&nbsp; **13651297** |
| **Telecommunications 14.5%** | **Telecommunications 14.5%** | **Telecommunications 14.5%** |
| 286642 | American Tower Corp. | &nbsp;&nbsp; 61527705 |
| 81500 | Crown Castle, Inc. | &nbsp;&nbsp; 8178525 |
| 133428 | SBA Communications Corp. | &nbsp;&nbsp; 30940619 |
|  |  | &nbsp;&nbsp; **100646849** |
| **Timber 1.5%** | **Timber 1.5%** | **Timber 1.5%** |
| 393508 | Weyerhaeuser Co. | &nbsp;&nbsp; **10195792** |
| **Total Common Stocks (Cost $694,993,393)** | **Total Common Stocks (Cost $694,993,393)** | &nbsp;&nbsp; **681367456** |
| **Short-Term Investments 1.5%** | **Short-Term Investments 1.5%** | **Short-Term Investments 1.5%** |
| **Investment Companies 1.5%** | **Investment Companies 1.5%** | **Investment Companies 1.5%** |
| 10248151 | &nbsp;&nbsp; State Street Institutional <br> U.S. Government Money <br> Market Fund Premier Class, <br> 4.27%<sup>(a)</sup> **(Cost $10,248,151)**<br>| &nbsp;&nbsp; **10248151** |
| **Total Investments 100.0%** <br> **(Cost $705,241,544)** | **Total Investments 100.0%** <br> **(Cost $705,241,544)** | &nbsp;&nbsp; **691615607** |
| Other Assets Less Liabilities 0.0%<sup>‡</sup>  | Other Assets Less Liabilities 0.0%<sup>‡</sup>  | &nbsp;&nbsp; 126634 |
| **Net Assets 100.0%** | **Net Assets 100.0%** | &nbsp;&nbsp; **$691742241** |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;‡ Represents less than 0.05% of net assets of the Fund.

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Represents 7-day effective yield as of May 31, 2025.

See Notes to Schedule of Investments

------

Schedule of Investments Real Estate Fund^ (Unaudited) (cont'd)

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Investments: |  |  |  |  |
| Common Stocks<sup>#</sup> <br>| $681367456 | $— | $— | $681367456 |
| Short-Term Investments |  | 10248151 |  | 10248151 |
| **Total Investments** | **$681367456** | **$10248151** | **$—** | **$691615607** |

---

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

# The Schedule of Investments provides information on the industry or sector categorization.

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Schedule of Investments

------

Schedule of Investments Small Cap Growth Fund^ (Unaudited)

May 31, 2025

&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Common Stocks 95.6%** | **Common Stocks 95.6%** | **Common Stocks 95.6%** |
| **Aerospace & Defense 3.1%** | **Aerospace & Defense 3.1%** | **Aerospace & Defense 3.1%** |
| 21623 | BWX Technologies, Inc. | &nbsp;&nbsp; $2715849 |
| 8898 | Curtiss-Wright Corp. | &nbsp;&nbsp; 3916099 |
| 39671 | Loar Holdings, Inc.<sup>\*</sup> | &nbsp;&nbsp; 3453360 |
| 126335 | Rocket Lab Corp.<sup>\*</sup> | &nbsp;&nbsp; 3384515 |
|  |  | &nbsp;&nbsp; **13469823** |
| **Automobile Components 1.9%** | **Automobile Components 1.9%** | **Automobile Components 1.9%** |
| 37845 | Dorman Products, Inc.<sup>\*</sup> | &nbsp;&nbsp; 4893737 |
| 37201 | Patrick Industries, Inc. | &nbsp;&nbsp; 3194078 |
|  |  | &nbsp;&nbsp; **8087815** |
| **Banks 1.0%** | **Banks 1.0%** | **Banks 1.0%** |
| 19220 | Pinnacle Financial Partners, Inc. | &nbsp;&nbsp; 2042701 |
| 17929 | Wintrust Financial Corp. | &nbsp;&nbsp; 2140902 |
|  |  | &nbsp;&nbsp; **4183603** |
| **Biotechnology 10.0%** | **Biotechnology 10.0%** | **Biotechnology 10.0%** |
| 190358 | ADMA Biologics, Inc.<sup>\*</sup> | &nbsp;&nbsp; 3776703 |
| 92629 | Alkermes PLC<sup>\*</sup> | &nbsp;&nbsp; 2835374 |
| 160710 | ARS Pharmaceuticals, Inc.<sup>\*(a)</sup> | &nbsp;&nbsp; 2319045 |
| 12083 | Ascendis Pharma AS ADR<sup>\*</sup> | &nbsp;&nbsp; 1967596 |
| 32437 | Blueprint Medicines Corp.<sup>\*</sup> | &nbsp;&nbsp; 3287490 |
| 76176 | Bridgebio Pharma, Inc.<sup>\*</sup> | &nbsp;&nbsp; 2609028 |
| 107528 | Catalyst Pharmaceuticals, Inc.<sup>\*</sup> | &nbsp;&nbsp; 2683899 |
| 140027 | Halozyme Therapeutics, Inc.<sup>\*</sup> | &nbsp;&nbsp; 7851314 |
| 84510 | Insmed, Inc.<sup>\*</sup> | &nbsp;&nbsp; 5892882 |
| 58411 | Revolution Medicines, Inc.<sup>\*</sup> | &nbsp;&nbsp; 2301393 |
| 35733 | Rhythm Pharmaceuticals, Inc.<sup>\*</sup> | &nbsp;&nbsp; 2191505 |
| 23133 | Soleno Therapeutics, Inc.<sup>\*</sup> | &nbsp;&nbsp; 1696806 |
| 40790 | Twist Bioscience Corp.<sup>\*</sup> | &nbsp;&nbsp; 1195147 |
| 51900 | Vericel Corp.<sup>\*</sup> | &nbsp;&nbsp; 2143210 |
| 26640 | Xenon Pharmaceuticals, Inc.<sup>\*</sup> | &nbsp;&nbsp; 768564 |
|  |  | &nbsp;&nbsp; **43519956** |
| **Broadline Retail 1.0%** | **Broadline Retail 1.0%** | **Broadline Retail 1.0%** |
| 40049 | &nbsp;&nbsp; Ollie's Bargain Outlet Holdings, <br> Inc.<sup>\*</sup><br>| &nbsp;&nbsp; **4463461** |
| **Building Products 2.7%** | **Building Products 2.7%** | **Building Products 2.7%** |
| 14407 | CSW Industrials, Inc. | &nbsp;&nbsp; 4405516 |
| 201693 | &nbsp;&nbsp; Zurn Elkay Water Solutions <br> Corp.<br>| &nbsp;&nbsp; 7299270 |
|  |  | &nbsp;&nbsp; **11704786** |
| **Capital Markets 1.7%** | **Capital Markets 1.7%** | **Capital Markets 1.7%** |
| 130943 | StepStone Group, Inc. Class A | &nbsp;&nbsp; **7575053** |
| **Chemicals 0.5%** | **Chemicals 0.5%** | **Chemicals 0.5%** |
| 22410 | Sensient Technologies Corp. | &nbsp;&nbsp; **2118417** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Commercial Services & Supplies 3.1%** | **Commercial Services & Supplies 3.1%** | **Commercial Services & Supplies 3.1%** |
| 70409 | &nbsp;&nbsp; Casella Waste Systems, Inc. <br> Class A<sup>\*</sup><br>| &nbsp;&nbsp; $8252639 |
| 22049 | Clean Harbors, Inc.<sup>\*</sup> | &nbsp;&nbsp; 5000493 |
|  |  | &nbsp;&nbsp; **13253132** |
| **Communications Equipment 1.1%** | **Communications Equipment 1.1%** | **Communications Equipment 1.1%** |
| 107337 | Calix, Inc.<sup>\*</sup> | &nbsp;&nbsp; **4963263** |
| **Construction & Engineering 2.8%** | **Construction & Engineering 2.8%** | **Construction & Engineering 2.8%** |
| 108266 | API Group Corp.<sup>\*</sup> | &nbsp;&nbsp; 5052774 |
| 44298 | Arcosa, Inc. | &nbsp;&nbsp; 3821589 |
| 42400 | Primoris Services Corp. | &nbsp;&nbsp; 3057464 |
|  |  | &nbsp;&nbsp; **11931827** |
| **Consumer Finance 0.9%** | **Consumer Finance 0.9%** | **Consumer Finance 0.9%** |
| 29627 | FirstCash Holdings, Inc. | &nbsp;&nbsp; **3789590** |
| **Consumer Staples Distribution & Retail 4.3%** | **Consumer Staples Distribution & Retail 4.3%** | **Consumer Staples Distribution & Retail 4.3%** |
| 35950 | &nbsp;&nbsp; BJ's Wholesale Club Holdings, <br> Inc.<sup>\*</sup><br>| &nbsp;&nbsp; 4069899 |
| 47051 | Chefs' Warehouse, Inc.<sup>\*</sup> | &nbsp;&nbsp; 3000913 |
| 65687 | Sprouts Farmers Market, Inc.<sup>\*</sup> | &nbsp;&nbsp; 11354655 |
|  |  | &nbsp;&nbsp; **18425467** |
| **Diversified Consumer Services 1.9%** | **Diversified Consumer Services 1.9%** | **Diversified Consumer Services 1.9%** |
| 24916 | &nbsp;&nbsp; Bright Horizons Family <br> Solutions, Inc.<sup>\*</sup><br>| &nbsp;&nbsp; 3219147 |
| 255841 | OneSpaWorld Holdings Ltd. | &nbsp;&nbsp; 4825161 |
|  |  | &nbsp;&nbsp; **8044308** |
| **Electrical Equipment 0.8%** | **Electrical Equipment 0.8%** | **Electrical Equipment 0.8%** |
| 52361 | nVent Electric PLC | &nbsp;&nbsp; **3445354** |
| **Electronic Equipment, Instruments & Components 2.2%** | **Electronic Equipment, Instruments & Components 2.2%** | **Electronic Equipment, Instruments & Components 2.2%** |
| 54958 | Coherent Corp.<sup>\*</sup> | &nbsp;&nbsp; 4156474 |
| 22590 | Fabrinet<sup>\*</sup> | &nbsp;&nbsp; 5260533 |
|  |  | &nbsp;&nbsp; **9417007** |
| **Financial Services 2.8%** | **Financial Services 2.8%** | **Financial Services 2.8%** |
| 41834 | Mr. Cooper Group, Inc.<sup>\*</sup> | &nbsp;&nbsp; 5418758 |
| 312895 | Remitly Global, Inc.<sup>\*</sup> | &nbsp;&nbsp; 6683437 |
|  |  | &nbsp;&nbsp; **12102195** |
| **Food Products 0.4%** | **Food Products 0.4%** | **Food Products 0.4%** |
| 106424 | Nomad Foods Ltd. | &nbsp;&nbsp; **1862420** |
| **Health Care Equipment & Supplies 3.7%** | **Health Care Equipment & Supplies 3.7%** | **Health Care Equipment & Supplies 3.7%** |
| 139437 | AtriCure, Inc.<sup>\*</sup> | &nbsp;&nbsp; 4820337 |
| 17079 | Glaukos Corp.<sup>\*</sup> | &nbsp;&nbsp; 1610379 |
| 52975 | Integer Holdings Corp.<sup>\*</sup> | &nbsp;&nbsp; 6291311 |
| 45790 | Lantheus Holdings, Inc.<sup>\*</sup> | &nbsp;&nbsp; 3459892 |
|  |  | &nbsp;&nbsp; **16181919** |

---

See Notes to Schedule of Investments

------

Schedule of Investments Small Cap Growth Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Health Care Providers & Services 5.6%** | **Health Care Providers & Services 5.6%** | **Health Care Providers & Services 5.6%** |
| 169696 | AdaptHealth Corp.<sup>\*</sup> | &nbsp;&nbsp; $1523870 |
| 19842 | Encompass Health Corp. | &nbsp;&nbsp; 2398898 |
| 41754 | Guardant Health, Inc.<sup>\*</sup> | &nbsp;&nbsp; 1696047 |
| 42274 | HealthEquity, Inc.<sup>\*</sup> | &nbsp;&nbsp; 4253187 |
| 3600 | Hinge Health, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 139824 |
| 120503 | Option Care Health, Inc.<sup>\*</sup> | &nbsp;&nbsp; 3938038 |
| 104693 | Privia Health Group, Inc.<sup>\*</sup> | &nbsp;&nbsp; 2382813 |
| 137090 | RadNet, Inc.<sup>\*</sup> | &nbsp;&nbsp; 7881304 |
|  |  | &nbsp;&nbsp; **24213981** |
| **Health Care Technology 1.1%** | **Health Care Technology 1.1%** | **Health Care Technology 1.1%** |
| 114678 | Waystar Holding Corp.<sup>\*</sup> | &nbsp;&nbsp; **4584826** |
| **Hotels, Restaurants & Leisure 3.0%** | **Hotels, Restaurants & Leisure 3.0%** | **Hotels, Restaurants & Leisure 3.0%** |
| 66543 | Red Rock Resorts, Inc. Class A | &nbsp;&nbsp; 3198722 |
| 44849 | Shake Shack, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 5820952 |
| 11300 | Wingstop, Inc. | &nbsp;&nbsp; 3861210 |
|  |  | &nbsp;&nbsp; **12880884** |
| **Household Durables 1.1%** | **Household Durables 1.1%** | **Household Durables 1.1%** |
| 10841 | Cavco Industries, Inc.<sup>\*</sup> | &nbsp;&nbsp; **4700603** |
| **Insurance 3.1%** | **Insurance 3.1%** | **Insurance 3.1%** |
| 76414 | Baldwin Insurance Group, Inc.<sup>\*</sup> | &nbsp;&nbsp; 2944232 |
| 49292 | Palomar Holdings, Inc.<sup>\*</sup> | &nbsp;&nbsp; 8452099 |
| 25539 | RLI Corp. | &nbsp;&nbsp; 1963183 |
|  |  | &nbsp;&nbsp; **13359514** |
| **Life Sciences Tools & Services 0.7%** | **Life Sciences Tools & Services 0.7%** | **Life Sciences Tools & Services 0.7%** |
| 128363 | Stevanato Group SpA<sup>(a)</sup> | &nbsp;&nbsp; **2850942** |
| **Machinery 4.3%** | **Machinery 4.3%** | **Machinery 4.3%** |
| 44194 | Esab Corp. | &nbsp;&nbsp; 5435420 |
| 99280 | Mueller Industries, Inc. | &nbsp;&nbsp; 7730933 |
| 37374 | SPX Technologies, Inc.<sup>\*</sup> | &nbsp;&nbsp; 5684212 |
|  |  | &nbsp;&nbsp; **18850565** |
| **Marine Transportation 1.1%** | **Marine Transportation 1.1%** | **Marine Transportation 1.1%** |
| 44891 | Kirby Corp.<sup>\*</sup> | &nbsp;&nbsp; **4966740** |
| **Metals & Mining 1.7%** | **Metals & Mining 1.7%** | **Metals & Mining 1.7%** |
| 31470 | Carpenter Technology Corp. | &nbsp;&nbsp; **7395450** |
| **Oil, Gas & Consumable Fuels 2.4%** | **Oil, Gas & Consumable Fuels 2.4%** | **Oil, Gas & Consumable Fuels 2.4%** |
| 55500 | DT Midstream, Inc. | &nbsp;&nbsp; 5813070 |
| 216973 | &nbsp;&nbsp; Magnolia Oil & Gas Corp. <br> Class A<br>| &nbsp;&nbsp; 4664920 |
|  |  | &nbsp;&nbsp; **10477990** |
| **Passenger Airlines 0.4%** | **Passenger Airlines 0.4%** | **Passenger Airlines 0.4%** |
| 35718 | Alaska Air Group, Inc.<sup>\*</sup> | &nbsp;&nbsp; **1819118** |
| **Pharmaceuticals 1.6%** | **Pharmaceuticals 1.6%** | **Pharmaceuticals 1.6%** |
| 29971 | Corcept Therapeutics, Inc.<sup>\*</sup> | &nbsp;&nbsp; 2324551 |
| 85257 | Edgewise Therapeutics, Inc.<sup>\*</sup> | &nbsp;&nbsp; 1217470 |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Pharmaceuticals – cont'd** | **Pharmaceuticals – cont'd** | **Pharmaceuticals – cont'd** |
| 40795 | Verona Pharma PLC ADR<sup>\*</sup> | &nbsp;&nbsp; $3312554 |
|  |  | &nbsp;&nbsp; **6854575** |
| **Professional Services 1.9%** | **Professional Services 1.9%** | **Professional Services 1.9%** |
| 72659 | CBIZ, Inc.<sup>\*</sup> | &nbsp;&nbsp; 5248886 |
| 20033 | Huron Consulting Group, Inc.<sup>\*</sup> | &nbsp;&nbsp; 2861314 |
|  |  | &nbsp;&nbsp; **8110200** |
| **Semiconductors & Semiconductor Equipment 3.1%** | **Semiconductors & Semiconductor Equipment 3.1%** | **Semiconductors & Semiconductor Equipment 3.1%** |
| 118514 | &nbsp;&nbsp; Credo Technology Group <br> Holding Ltd.<sup>\*</sup><br>| &nbsp;&nbsp; 7224613 |
| 62914 | Lattice Semiconductor Corp.<sup>\*</sup> | &nbsp;&nbsp; 2827355 |
| 29008 | &nbsp;&nbsp; MACOM Technology Solutions <br> Holdings, Inc.<sup>\*</sup><br>| &nbsp;&nbsp; 3527663 |
|  |  | &nbsp;&nbsp; **13579631** |
| **Software 12.9%** | **Software 12.9%** | **Software 12.9%** |
| 114011 | Box, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 4311896 |
| 248515 | &nbsp;&nbsp; Clearwater Analytics Holdings, <br> Inc. Class A<sup>\*</sup><br>| &nbsp;&nbsp; 5740696 |
| 38709 | Commvault Systems, Inc.<sup>\*</sup> | &nbsp;&nbsp; 7089553 |
| 20356 | CyberArk Software Ltd.<sup>\*</sup> | &nbsp;&nbsp; 7791870 |
| 40707 | Descartes Systems Group, Inc.<sup>\*</sup> | &nbsp;&nbsp; 4719570 |
| 34082 | InterDigital, Inc. | &nbsp;&nbsp; 7404655 |
| 18825 | Manhattan Associates, Inc.<sup>\*</sup> | &nbsp;&nbsp; 3553783 |
| 247673 | MARA Holdings, Inc.<sup>\*(a)</sup> | &nbsp;&nbsp; 3497143 |
| 94926 | Q2 Holdings, Inc.<sup>\*</sup> | &nbsp;&nbsp; 8307924 |
| 351561 | SoundHound AI, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 3554282 |
|  |  | &nbsp;&nbsp; **55971372** |
| **Specialty Retail 0.8%** | **Specialty Retail 0.8%** | **Specialty Retail 0.8%** |
| 161888 | Warby Parker, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; **3427169** |
| **Technology Hardware, Storage & Peripherals 1.1%** | **Technology Hardware, Storage & Peripherals 1.1%** | **Technology Hardware, Storage & Peripherals 1.1%** |
| 118862 | IonQ, Inc.<sup>\*</sup> | &nbsp;&nbsp; **4794893** |
| **Trading Companies & Distributors 3.8%** | **Trading Companies & Distributors 3.8%** | **Trading Companies & Distributors 3.8%** |
| 101826 | Air Lease Corp. | &nbsp;&nbsp; 5866196 |
| 32872 | &nbsp;&nbsp; Applied Industrial <br> Technologies, Inc.<br>| &nbsp;&nbsp; 7446165 |
| 66421 | Rush Enterprises, Inc. Class A | &nbsp;&nbsp; 3297803 |
|  |  | &nbsp;&nbsp; **16610164** |
| **Total Common Stocks (Cost $377,429,591)** | **Total Common Stocks (Cost $377,429,591)** | &nbsp;&nbsp; **413988013** |
| **Short-Term Investments 5.5%** | **Short-Term Investments 5.5%** | **Short-Term Investments 5.5%** |
| **Investment Companies 5.5%** | **Investment Companies 5.5%** | **Investment Companies 5.5%** |
| 15382106 | &nbsp;&nbsp; State Street Institutional <br> U.S. Government Money <br> Market Fund Premier Class, <br> 4.27%<sup>(b)</sup><br>| &nbsp;&nbsp; 15382106 |

---

See Notes to Schedule of Investments

------

Schedule of Investments Small Cap Growth Fund^ (Unaudited) (cont'd)

---

| | |
|:---|:---|
| **Number of Shares** | **Value** |
| **Investment Companies – cont'd** | **Investment Companies – cont'd** |
| 8699633<br> &nbsp;&nbsp; State Street Navigator <br> Securities Lending Government <br> Money Market Portfolio, <br> 4.31%<sup>(b)(c)</sup><br>| &nbsp;&nbsp; $8699633 |
| **Total Short-Term Investments** <br> **(Cost $24,081,739)** | &nbsp;&nbsp; **24081739** |
| **Total Investments 101.1%** <br> **(Cost $401,511,330)** | &nbsp;&nbsp; **438069752** |
| Liabilities Less Other Assets (1.1)% | &nbsp;&nbsp; (4951447)<br>|
| **Net Assets 100.0%** | &nbsp;&nbsp; **$433118305** |

---

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

\* Non-income producing security.

(a) All or a portion of this security is on loan at May 31, 2025. Total value of all such securities at May 31, 2025 amounted to $8,188,012, collateralized by cash collateral of $8,699,633 and non-cash (U.S. Treasury Securities) collateral of $67,233 for the Fund. 

(b) Represents 7-day effective yield as of May 31, 2025.

(c) Represents investment of cash collateral received from securities lending.

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Investments: |  |  |  |  |
| Common Stocks<sup>#</sup> <br>| $413988013 | $— | $— | $413988013 |
| Short-Term Investments |  | 24081739 |  | 24081739 |
| **Total Investments** | **$413988013** | **$24081739** | **$—** | **$438069752** |

---

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

# The Schedule of Investments provides information on the industry or sector categorization.

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Schedule of Investments

------

Schedule of Investments Sustainable Equity Fund^ (Unaudited)

May 31, 2025

&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Common Stocks 93.5%** | **Common Stocks 93.5%** | **Common Stocks 93.5%** |
| **Banks 3.5%** | **Banks 3.5%** | **Banks 3.5%** |
| 644563 | Bank of America Corp. | &nbsp;&nbsp; $28444565 |
| 120805 | JPMorgan Chase & Co. | &nbsp;&nbsp; 31892520 |
|  |  | &nbsp;&nbsp; **60337085** |
| **Broadline Retail 8.6%** | **Broadline Retail 8.6%** | **Broadline Retail 8.6%** |
| 736102 | Amazon.com, Inc.<sup>\*</sup> | &nbsp;&nbsp; **150908271** |
| **Capital Markets 5.4%** | **Capital Markets 5.4%** | **Capital Markets 5.4%** |
| 453691 | &nbsp;&nbsp; Interactive Brokers Group, <br> Inc. Class A<br>| &nbsp;&nbsp; **95129929** |
| **Communications Equipment 1.6%** | **Communications Equipment 1.6%** | **Communications Equipment 1.6%** |
| 327264 | Arista Networks, Inc.<sup>\*</sup> | &nbsp;&nbsp; **28354153** |
| **Consumer Finance 0.5%** | **Consumer Finance 0.5%** | **Consumer Finance 0.5%** |
| 46449 | Capital One Financial Corp. | &nbsp;&nbsp; **8785828** |
| **Consumer Staples Distribution & Retail 1.2%** | **Consumer Staples Distribution & Retail 1.2%** | **Consumer Staples Distribution & Retail 1.2%** |
| 19891 | Costco Wholesale Corp. | &nbsp;&nbsp; **20690220** |
| **Diversified Telecommunication Services 2.8%** | **Diversified Telecommunication Services 2.8%** | **Diversified Telecommunication Services 2.8%** |
| 128024 | &nbsp;&nbsp; Space Exploration <br> Technologies Corp. <br> Class A<sup>\*#(a)(b)</sup><br>| &nbsp;&nbsp; 23684440 |
| 137408 | &nbsp;&nbsp; Space Exploration <br> Technologies Corp. <br> Class C<sup>\*#(a)(b)</sup><br>| &nbsp;&nbsp; 25420480 |
|  |  | &nbsp;&nbsp; **49104920** |
| **Financial Services 12.8%** | **Financial Services 12.8%** | **Financial Services 12.8%** |
| 32 | &nbsp;&nbsp; Berkshire Hathaway, Inc. <br> Class A<sup>\*</sup><br>| &nbsp;&nbsp; 24236800 |
| 169003 | &nbsp;&nbsp; Berkshire Hathaway, Inc. <br> Class B<sup>\*</sup><br>| &nbsp;&nbsp; 85170752 |
| 207589 | Fiserv, Inc.<sup>\*</sup> | &nbsp;&nbsp; 33793413 |
| 136448 | MasterCard, Inc. Class A | &nbsp;&nbsp; 79903949 |
|  |  | &nbsp;&nbsp; **223104914** |
| **Ground Transportation 1.0%** | **Ground Transportation 1.0%** | **Ground Transportation 1.0%** |
| 577761 | CSX Corp. | &nbsp;&nbsp; **18251470** |
| **Health Care Equipment & Supplies 0.5%** | **Health Care Equipment & Supplies 0.5%** | **Health Care Equipment & Supplies 0.5%** |
| 51432 | Becton Dickinson & Co. | &nbsp;&nbsp; **8876649** |
| **Health Care Providers & Services 5.9%** | **Health Care Providers & Services 5.9%** | **Health Care Providers & Services 5.9%** |
| 157548 | Cencora, Inc. | &nbsp;&nbsp; 45884280 |
| 145838 | Cigna Group | &nbsp;&nbsp; 46178144 |
| 53657 | DaVita, Inc.<sup>\*</sup> | &nbsp;&nbsp; 7311303 |
| 13629 | UnitedHealth Group, Inc. | &nbsp;&nbsp; 4114731 |
|  |  | &nbsp;&nbsp; **103488458** |
| **Hotels, Restaurants & Leisure 2.5%** | **Hotels, Restaurants & Leisure 2.5%** | **Hotels, Restaurants & Leisure 2.5%** |
| 1252264 | Compass Group PLC | &nbsp;&nbsp; **43952527** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Household Products 1.4%** | **Household Products 1.4%** | **Household Products 1.4%** |
| 255948 | Colgate-Palmolive Co. | &nbsp;&nbsp; **$23787807** |
| **Insurance 3.1%** | **Insurance 3.1%** | **Insurance 3.1%** |
| 189171 | Progressive Corp. | &nbsp;&nbsp; **53900493** |
| **Interactive Media & Services 7.6%** | **Interactive Media & Services 7.6%** | **Interactive Media & Services 7.6%** |
| 778797 | Alphabet, Inc. Class A | &nbsp;&nbsp; **133750597** |
| **IT Services 7.2%** | **IT Services 7.2%** | **IT Services 7.2%** |
| 358660 | GoDaddy, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 65329919 |
| 1541554 | Kyndryl Holdings, Inc.<sup>\*</sup> | &nbsp;&nbsp; 60182268 |
|  |  | &nbsp;&nbsp; **125512187** |
| **Life Sciences Tools & Services 0.6%** | **Life Sciences Tools & Services 0.6%** | **Life Sciences Tools & Services 0.6%** |
| 51028 | Danaher Corp. | &nbsp;&nbsp; **9690217** |
| **Machinery 1.0%** | **Machinery 1.0%** | **Machinery 1.0%** |
| 186707 | Otis Worldwide Corp. | &nbsp;&nbsp; **17802513** |
| **Materials 1.3%** | **Materials 1.3%** | **Materials 1.3%** |
| 62209 | Sherwin-Williams Co. | &nbsp;&nbsp; **22321211** |
| **Oil, Gas & Consumable Fuels 1.2%** | **Oil, Gas & Consumable Fuels 1.2%** | **Oil, Gas & Consumable Fuels 1.2%** |
| 831579 | Coterra Energy, Inc. | &nbsp;&nbsp; **20215686** |
| **Pharmaceuticals 1.1%** | **Pharmaceuticals 1.1%** | **Pharmaceuticals 1.1%** |
| 61490 | Roche Holding AG | &nbsp;&nbsp; **19836689** |
| **Semiconductors & Semiconductor Equipment 4.4%** | **Semiconductors & Semiconductor Equipment 4.4%** | **Semiconductors & Semiconductor Equipment 4.4%** |
| 288094 | Applied Materials, Inc. | &nbsp;&nbsp; 45158735 |
| 173137 | Texas Instruments, Inc. | &nbsp;&nbsp; 31658100 |
|  |  | &nbsp;&nbsp; **76816835** |
| **Software 10.0%** | **Software 10.0%** | **Software 10.0%** |
| 36603 | Intuit, Inc. | &nbsp;&nbsp; 27579262 |
| 319919 | Microsoft Corp. | &nbsp;&nbsp; 147277911 |
|  |  | &nbsp;&nbsp; **174857173** |
| **Specialty Retail 1.9%** | **Specialty Retail 1.9%** | **Specialty Retail 1.9%** |
| 42862 | Home Depot, Inc. | &nbsp;&nbsp; 15785646 |
| 131066 | TJX Cos., Inc. | &nbsp;&nbsp; 16632275 |
|  |  | &nbsp;&nbsp; **32417921** |
| **Technology Hardware, Storage & Peripherals 2.3%** | **Technology Hardware, Storage & Peripherals 2.3%** | **Technology Hardware, Storage & Peripherals 2.3%** |
| 198788 | Apple, Inc. | &nbsp;&nbsp; **39926570** |
| **Trading Companies & Distributors 4.1%** | **Trading Companies & Distributors 4.1%** | **Trading Companies & Distributors 4.1%** |
| 56111 | United Rentals, Inc. | &nbsp;&nbsp; 39747910 |
| 29768 | W.W. Grainger, Inc. | &nbsp;&nbsp; 32374486 |
|  |  | &nbsp;&nbsp; **72122396** |
| **Total Common Stocks** <br> **(Cost $752,842,724)** | **Total Common Stocks** <br> **(Cost $752,842,724)** | &nbsp;&nbsp; **1633942719** |

---

See Notes to Schedule of Investments

------

Schedule of Investments Sustainable Equity Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Preferred Stocks 2.2%** | **Preferred Stocks 2.2%** | **Preferred Stocks 2.2%** |
| **Diversified Telecommunication Services 2.2%** | **Diversified Telecommunication Services 2.2%** | **Diversified Telecommunication Services 2.2%** |
| 21111 | &nbsp;&nbsp; Space Exploration <br> Technologies Corp., <br> Series E<sup>\*#(a)(b)</sup> <br> **(Cost $17,099,910)**<br>| &nbsp;&nbsp; **$39055350** |
| **Principal Amount** | **Principal Amount** |  |
| **Short-Term Investments 4.1%** | **Short-Term Investments 4.1%** | **Short-Term Investments 4.1%** |
| **Certificates of Deposit 0.0%**<sup>‡</sup> | **Certificates of Deposit 0.0%**<sup>‡</sup> | **Certificates of Deposit 0.0%**<sup>‡</sup> |
| $100000 | &nbsp;&nbsp; Carver Federal Savings Bank, <br> 3.92%, due 6/23/2025<br>| &nbsp;&nbsp; 100000 |
| 250000 | &nbsp;&nbsp; Self Help Credit Union, <br> 0.10%, due 8/16/2025<br>| &nbsp;&nbsp; 250000 |
| 250000 | &nbsp;&nbsp; Self Help Federal Credit <br> Union, 0.10%, due 6/1/2025<br>| &nbsp;&nbsp; 250000 |
|  |  | &nbsp;&nbsp; **600000** |

---

---

| | |
|:---|:---|
| **Number of Shares** | **Value** |
| **Investment Companies 4.1%** | **Investment Companies 4.1%** |
| 71726892<br> &nbsp;&nbsp; State Street Institutional <br> Treasury Money Market Fund <br> Premier Class, 4.22%<sup>(c)</sup><br>| &nbsp;&nbsp; **$71726892** |
| **Total Short-Term Investments** <br> **(Cost $72,326,892)** | &nbsp;&nbsp; **72326892** |
| **Total Investments 99.8%** <br> **(Cost $842,269,526)** | &nbsp;&nbsp; **1745324961** |
| Other Assets Less Liabilities 0.2% | &nbsp;&nbsp; 2625738 |
| **Net Assets 100.0%** | &nbsp;&nbsp; **$1747950699** |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;‡ Represents less than 0.05% of net assets of the Fund.

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

\* Non-income producing security.

(a) Value determined using significant unobservable inputs.

(b) Security fair valued as of May 31, 2025 in accordance with procedures approved by the valuation designee. Total value of all such securities at May 31, 2025 amounted to $88,160,270, which represents 5.0% of net assets of the Fund. 

(c) Represents 7-day effective yield as of May 31, 2025.

# This security is subject to restrictions on resale. Total value of all such securities at May 31, 2025 amounted to $88,160,270, which represents 5.0% of net assets of the Fund. Acquisition dates shown with a range, if any, represent securities that were acquired over the period shown in the table.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Restricted Security** | **Acquisition** <br>**Date(s)**<br>| **Acquisition** <br>**Cost**<br>| **Value as of** <br>**5/31/2025**<br>| **Fair Value** <br>**Percentage** <br>**of Net Assets** <br>**as of** <br>**5/31/2025**<br>|
| Space Exploration Technologies Corp. (Series E Preferred Shares) | 11/7/2023 | &nbsp;&nbsp; $17099910 | &nbsp;&nbsp; $39055350 | &nbsp;&nbsp; 2.2% |
| Space Exploration Technologies Corp. Class A | 8/18/2023 | &nbsp;&nbsp; 10369944 | &nbsp;&nbsp; 23684440 | &nbsp;&nbsp; 1.4% |
| Space Exploration Technologies Corp. Class C | 8/18/2023 | &nbsp;&nbsp; 11130048 | &nbsp;&nbsp; 25420480 | &nbsp;&nbsp; 1.4% |
| **Total** |  | &nbsp;&nbsp; **$38599902** | &nbsp;&nbsp; **$88160270** | &nbsp;&nbsp; **5.0%** |

---

See Notes to Schedule of Investments

------

Schedule of Investments Sustainable Equity Fund^ (Unaudited) (cont'd)

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3**<sup>(a)</sup> | **Total** |
| Investments: |  |  |  |  |
| Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Diversified Telecommunication Services | $— | $— | $49104920 | $49104920 |
| &nbsp;&nbsp;&nbsp; Other Common Stocks<sup>#</sup> <br>| 1584837799 |  |  | 1584837799 |
| Total Common Stocks | 1584837799 |  | 49104920 | 1633942719 |
| Preferred Stocks<sup>#</sup> <br>|  |  | 39055350 | 39055350 |
| Short-Term Investments |  | 72326892 |  | 72326892 |
| **Total Investments** | **$1584837799** | **$72326892** | **$88160270** | **$1745324961** |

---

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

# The Schedule of Investments provides information on the industry or sector categorization.

(a) The following is a reconciliation between the beginning and ending balances of investments in which significant unobservable inputs (Level 3) were used in determining value: 

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

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **(000's** <br>**omitted)**<br>| **Beginning** <br>**balance as** <br>**of 9/1/2024**<br>| **Accrued** <br>**discounts/** <br>**(premiums)**<br>| **Realized** <br>**gain/(loss)**<br>| **Change** <br>**in unrealized** <br>**appreciation/** <br>**(depreciation)**<br>| **Purchases** | **Sales/** <br>**Other reductions**<br>| **Transfers** <br>**into** <br>**Level 3**<br>| **Transfers** <br>**out of** <br>**Level 3**<br>| **Balance** <br>**as of** <br>**5/31/2025**<br>| **Net change in** <br>**unrealized** <br>**appreciation/** <br>**(depreciation)** <br>**from** <br>**investments** <br>**still held as of** <br>**5/31/2025**<br>|
| **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** |
| Common <br> Stocks<sup>(1)</sup> <br>| $29728 | $— | $— | $19377 | $— | $— | $— | $— | $49105 | $19377 |
| Preferred <br> Stocks<sup>(1)</sup> <br>| 23644 |  |  | 15411 |  |  |  |  | 39055 | 15411 |
| **Total** | **$53372** | **$—** | **$—** | **$34788** | **$—** | **$—** | **$—** | **$—** | **$88160** | **$34788** |

---

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: |
| **Investment type** | **Fair value** <br>**at** <br>**5/31/2025**<br>| &nbsp;&nbsp; **Valuation** <br>**approach**<br>| &nbsp;&nbsp; **Significant unobservable** <br>**input(s)**<br>| &nbsp;&nbsp; **Input value/** <br>**range**<br>| &nbsp;&nbsp; **Weighted** <br>**average**<sup>(a)</sup><br>| &nbsp;&nbsp; **Impact to** <br>**valuation** <br>**from** <br>**increase** <br>**in input**<sup>(b)</sup><br>|
| Common Stocks | $49104920 | Market Approach | Transaction Price | $185.00 | $185.00 | Increase |
| Preferred Stocks | 39055350 | Market Approach | Transaction Price | $185.00 | $185.00 | Increase |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. |
| &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; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. | &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; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. | &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; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. | &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; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. | &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; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. | &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; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. | &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; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. |

---

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

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Schedule of Investments

------

Schedule of Investments U.S. Equity Impact Fund^ (Unaudited)

May 31, 2025

&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Common Stocks 98.6%** | **Common Stocks 98.6%** | **Common Stocks 98.6%** |
| **Automobile Components 1.8%** | **Automobile Components 1.8%** | **Automobile Components 1.8%** |
| 3664 | Aptiv PLC<sup>\*</sup> | &nbsp;&nbsp; **$244792** |
| **Building Products 4.9%** | **Building Products 4.9%** | **Building Products 4.9%** |
| 1582 | Trane Technologies PLC | &nbsp;&nbsp; **680687** |
| **Capital Markets 2.7%** | **Capital Markets 2.7%** | **Capital Markets 2.7%** |
| 2095 | Intercontinental Exchange, Inc. | &nbsp;&nbsp; **376681** |
| **Chemicals 4.1%** | **Chemicals 4.1%** | **Chemicals 4.1%** |
| 1863 | Ecolab, Inc. | &nbsp;&nbsp; 494850 |
| 150 | Linde PLC | &nbsp;&nbsp; 70137 |
|  |  | &nbsp;&nbsp; **564987** |
| **Commercial Services & Supplies 3.7%** | **Commercial Services & Supplies 3.7%** | **Commercial Services & Supplies 3.7%** |
| 920 | Republic Services, Inc. | &nbsp;&nbsp; 236707 |
| 2758 | Veralto Corp. | &nbsp;&nbsp; 278640 |
|  |  | &nbsp;&nbsp; **515347** |
| **Communications Equipment 4.2%** | **Communications Equipment 4.2%** | **Communications Equipment 4.2%** |
| 1423 | Motorola Solutions, Inc. | &nbsp;&nbsp; **591086** |
| **Construction & Engineering 0.5%** | **Construction & Engineering 0.5%** | **Construction & Engineering 0.5%** |
| 674 | Stantec, Inc. | &nbsp;&nbsp; **69382** |
| **Containers & Packaging 4.7%** | **Containers & Packaging 4.7%** | **Containers & Packaging 4.7%** |
| 3301 | Ball Corp. | &nbsp;&nbsp; 176868 |
| 21729 | Graphic Packaging Holding Co. | &nbsp;&nbsp; 482818 |
|  |  | &nbsp;&nbsp; **659686** |
| **Electric Utilities 3.2%** | **Electric Utilities 3.2%** | **Electric Utilities 3.2%** |
| 6341 | NextEra Energy, Inc. | &nbsp;&nbsp; **447928** |
| **Electrical Equipment 1.8%** | **Electrical Equipment 1.8%** | **Electrical Equipment 1.8%** |
| 3715 | nVent Electric PLC | &nbsp;&nbsp; **244447** |
| **Electronic Equipment, Instruments & Components 3.6%** | **Electronic Equipment, Instruments & Components 3.6%** | **Electronic Equipment, Instruments & Components 3.6%** |
| 2565 | Coherent Corp.<sup>\*</sup> | &nbsp;&nbsp; 193991 |
| 4340 | Trimble, Inc.<sup>\*</sup> | &nbsp;&nbsp; 309312 |
|  |  | &nbsp;&nbsp; **503303** |
| **Financial Services 1.2%** | **Financial Services 1.2%** | **Financial Services 1.2%** |
| 6819 | &nbsp;&nbsp; HA Sustainable Infrastructure <br> Capital, Inc.<br>| &nbsp;&nbsp; **170816** |
| **Food Products 1.1%** | **Food Products 1.1%** | **Food Products 1.1%** |
| 4370 | Simply Good Foods Co.<sup>\*</sup> | &nbsp;&nbsp; **150809** |
| **Ground Transportation 6.6%** | **Ground Transportation 6.6%** | **Ground Transportation 6.6%** |
| 4040 | Canadian Pacific Kansas City Ltd. | &nbsp;&nbsp; 329866 |
| 11556 | CSX Corp. | &nbsp;&nbsp; 365054 |
| 2730 | Uber Technologies, Inc.<sup>\*</sup> | &nbsp;&nbsp; 229757 |
|  |  | &nbsp;&nbsp; **924677** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Health Care Equipment & Supplies 7.2%** | **Health Care Equipment & Supplies 7.2%** | **Health Care Equipment & Supplies 7.2%** |
| 7684 | Baxter International, Inc. | &nbsp;&nbsp; $234362 |
| 4966 | Boston Scientific Corp.<sup>\*</sup> | &nbsp;&nbsp; 522721 |
| 997 | STERIS PLC | &nbsp;&nbsp; 244474 |
|  |  | &nbsp;&nbsp; **1001557** |
| **Health Care Providers & Services 3.0%** | **Health Care Providers & Services 3.0%** | **Health Care Providers & Services 3.0%** |
| 1096 | HCA Healthcare, Inc. | &nbsp;&nbsp; **418003** |
| **Household Durables 1.0%** | **Household Durables 1.0%** | **Household Durables 1.0%** |
| 1156 | D.R. Horton, Inc. | &nbsp;&nbsp; **136477** |
| **Household Products 1.0%** | **Household Products 1.0%** | **Household Products 1.0%** |
| 1040 | Clorox Co. | &nbsp;&nbsp; **137155** |
| **Independent Power and Renewable Electricity** <br> **Producers 3.7%** | **Independent Power and Renewable Electricity** <br> **Producers 3.7%** | **Independent Power and Renewable Electricity** <br> **Producers 3.7%** |
| 17412 | Brookfield Renewable Corp. | &nbsp;&nbsp; **511739** |
| **Life Sciences Tools & Services 3.5%** | **Life Sciences Tools & Services 3.5%** | **Life Sciences Tools & Services 3.5%** |
| 1293 | Danaher Corp. | &nbsp;&nbsp; 245541 |
| 592 | Thermo Fisher Scientific, Inc. | &nbsp;&nbsp; 238469 |
|  |  | &nbsp;&nbsp; **484010** |
| **Machinery 13.1%** | **Machinery 13.1%** | **Machinery 13.1%** |
| 732 | Deere & Co. | &nbsp;&nbsp; 370583 |
| 6573 | Pentair PLC | &nbsp;&nbsp; 651910 |
| 2775 | &nbsp;&nbsp; Westinghouse Air Brake <br> Technologies Corp.<br>| &nbsp;&nbsp; 561438 |
| 1878 | Xylem, Inc. | &nbsp;&nbsp; 236703 |
|  |  | &nbsp;&nbsp; **1820634** |
| **Personal Care Products 1.2%** | **Personal Care Products 1.2%** | **Personal Care Products 1.2%** |
| 2667 | BellRing Brands, Inc.<sup>\*</sup> | &nbsp;&nbsp; **167888** |
| **Pharmaceuticals 3.4%** | **Pharmaceuticals 3.4%** | **Pharmaceuticals 3.4%** |
| 471 | Eli Lilly & Co. | &nbsp;&nbsp; 347442 |
| 1689 | Merck & Co., Inc. | &nbsp;&nbsp; 129783 |
|  |  | &nbsp;&nbsp; **477225** |
| **Professional Services 2.7%** | **Professional Services 2.7%** | **Professional Services 2.7%** |
| 1189 | Verisk Analytics, Inc. | &nbsp;&nbsp; **373512** |
| **Semiconductors & Semiconductor Equipment 8.1%** | **Semiconductors & Semiconductor Equipment 8.1%** | **Semiconductors & Semiconductor Equipment 8.1%** |
| 984 | Analog Devices, Inc. | &nbsp;&nbsp; 210556 |
| 1348 | Broadcom, Inc. | &nbsp;&nbsp; 326310 |
| 3319 | NVIDIA Corp. | &nbsp;&nbsp; 448497 |
| 3400 | ON Semiconductor Corp.<sup>\*</sup> | &nbsp;&nbsp; 142868 |
|  |  | &nbsp;&nbsp; **1128231** |
| **Software 6.6%** | **Software 6.6%** | **Software 6.6%** |
| 1628 | Docusign, Inc.<sup>\*</sup> | &nbsp;&nbsp; 144257 |
| 392 | Intuit, Inc. | &nbsp;&nbsp; 295360 |
| 895 | Palo Alto Networks, Inc.<sup>\*</sup> | &nbsp;&nbsp; 172216 |

---

See Notes to Schedule of Investments

------

Schedule of Investments U.S. Equity Impact Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Software – cont'd** | **Software – cont'd** | **Software – cont'd** |
| 544 | Tyler Technologies, Inc.<sup>\*</sup> | &nbsp;&nbsp; $313883 |
|  |  | &nbsp;&nbsp; **925716** |
| **Total Common Stocks (Cost $11,154,975)** | **Total Common Stocks (Cost $11,154,975)** | &nbsp;&nbsp; **13726775** |
| **Rights 0.0%**<sup>‡</sup> | **Rights 0.0%**<sup>‡</sup> | **Rights 0.0%**<sup>‡</sup> |
| **Health Care Equipment & Supplies 0.0%**<sup>‡</sup> | **Health Care Equipment & Supplies 0.0%**<sup>‡</sup> |  |
| 248 | &nbsp;&nbsp; Contra Abiomed, Inc., CVR<sup>\*(a)</sup> <br>**(Cost $253)**<br>| &nbsp;&nbsp; **397** |
| **Short-Term Investments 1.6%** | **Short-Term Investments 1.6%** | **Short-Term Investments 1.6%** |

---

---

| | |
|:---|:---|
| **Number of Shares** | **Value** |
| **Investment Companies 1.6%** | **Investment Companies 1.6%** |
| 224850<br> &nbsp;&nbsp; State Street Institutional Treasury <br> Money Market Fund Premier Class, <br> 4.22%<sup>(b)</sup> <br>**(Cost $224,850)**<br>| &nbsp;&nbsp; **$224850** |
| **Total Investments 100.2%** <br> **(Cost $11,380,078)** | &nbsp;&nbsp; **13952022** |
| Liabilities Less Other Assets (0.2)% | &nbsp;&nbsp; (27329)<br>|
| **Net Assets 100.0%** | &nbsp;&nbsp; **$13924693** |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;‡ Represents less than 0.05% of net assets of the Fund.

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

\* Non-income producing security. <br> (a) Value determined using significant unobservable inputs. <br> (b) Represents 7-day effective yield as of May 31, 2025.

See Notes to Schedule of Investments

------

Schedule of Investments U.S. Equity Impact Fund^ (Unaudited) (cont'd)

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3**<sup>(a)</sup> | **Total** |
| Investments: |  |  |  |  |
| Common Stocks<sup>#</sup> <br>| $13726775 | $— | $— | $13726775 |
| Rights<sup>#</sup><sup>,(b)</sup> <br>|  |  | 397 | 397 |
| Short-Term Investments |  | 224850 |  | 224850 |
| **Total Investments** | **$13726775** | **$224850** | **$397** | **$13952022** |

---

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

# The Schedule of Investments provides information on the industry or sector categorization.

(a) The reconciliation between beginning and ending balances of investments in which significant unobservable inputs (Level 3) were used is not presented as all values rounded to less than $1,000. 

(b) Securities categorized as Level 3 were valued using a single quotation obtained from a dealer. The Fund does not have access to significant unobservable inputs and therefore cannot disclose such inputs used in formulating such quotation. 

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Schedule of Investments

------

May 31, 2025

Notes to Schedule of Investments Equity Funds<sup>ß</sup> (Unaudited)

In accordance with Accounting Standards Codification 820 "Fair Value Measurement" ("ASC 820"), all investments held by each of Neuberger Berman Dividend Growth Fund, Neuberger Berman Emerging Markets Equity Fund, Neuberger Berman Equity Income Fund, Neuberger Berman Focus Fund, Neuberger Berman Genesis Fund, Neuberger Berman International Equity Fund, Neuberger Berman International Select Fund, Neuberger Berman Intrinsic Value Fund, Neuberger Berman Large Cap Growth Fund ("Large Cap Growth"), Neuberger Berman Large Cap Value Fund, Neuberger Berman Mid Cap Growth Fund, Neuberger Berman Mid Cap Intrinsic Value Fund, Neuberger Berman Multi-Cap Opportunities Fund, Neuberger Berman Real Estate Fund, Neuberger Berman Small Cap Growth Fund, Neuberger Berman Sustainable Equity Fund\* and Neuberger Berman U.S. Equity Impact Fund (each individually a "Fund," and collectively, the "Funds") are carried at the value that Management believes a Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment under current market conditions. Various inputs, including the volume and level of activity for the asset or liability in the market, are considered in valuing the Funds' investments, some of which are discussed below. At times, Management may need to apply significant judgment to value investments in accordance with ASC 820.

ASC 820 established a three-tier hierarchy of inputs to create a classification of value measurements for disclosure purposes. The three-tier hierarchy of inputs is summarized in the three broad Levels listed below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – unadjusted quoted prices in active markets for identical investments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – other observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, amortized cost, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – unobservable inputs (including a Fund's own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing an investment are not necessarily an indication of the risk associated with investing in those securities.

The value of the Funds' investments in equity securities, participatory notes, preferred stocks, warrants, rights, and exchange-traded options written, for which market quotations are readily available, is generally determined by Management by obtaining valuations from independent pricing services based on the latest sale price quoted on a principal exchange or market for that security (Level 1 inputs). Securities traded primarily on the NASDAQ Stock Market are normally valued at the NASDAQ Official Closing Price ("NOCP") provided by NASDAQ each business day. The NOCP is the most recently reported price as of 4:00:02 p.m., Eastern Time, unless that price is outside the range of the "inside" bid and asked prices (i.e., the bid and asked prices that dealers quote to each other when trading for their own accounts); in that case, NASDAQ will adjust the price to equal the inside bid or asked price, whichever is closer. Because of delays in reporting trades, the NOCP may not be based on the price of the last trade to occur before the market closes. If there is no sale of a security on a particular day, the independent pricing services may value the security based on market quotations.

Management has developed a process to periodically review information provided by independent pricing services for all types of securities.

Certificates of deposit are valued at amortized cost (Level 2 inputs).

Publicly traded securities acquired via a private investment in public equity (PIPE) transaction are typically valued at a discount to the market price of an issuer's common stock. Discounts are applied due to certain trading restrictions imposed or a lack of marketability preceding the conversion to publicly traded securities. The primary inputs used in determining the discount are the length of the lock-up period and the volatility of the underlying security (Level 1 or Level 2 inputs).

Investments in non-exchange traded investment companies are valued using the respective fund's daily calculated net asset value per share (Level 2 inputs), when available.

For information on the Funds' significant accounting policies, please refer to the Funds' most recent financial statements and other information.

ßNotes to Consolidated Schedule of Investments for Large Cap Growth

------

Notes to Schedule of Investments Equity Funds<sup>ß</sup> (Unaudited) (cont'd)

If a valuation is not available from an independent pricing service, or if Management has reason to believe that the valuation received does not represent the amount a Fund might reasonably expect to receive on a current sale in an orderly transaction, Management seeks to obtain quotations from brokers or dealers (generally considered Level 2 or Level 3 inputs depending on the number of quotes available). If such quotations are not available, the security is valued using methods Management has approved in the good-faith belief that the resulting valuation will reflect the fair value of the security. Pursuant to Rule 2a-5 under the Investment Company Act of 1940, the Funds' Board of Trustees (the "Board") designated Management as the Funds' valuation designee. As the Funds' valuation designee, Management is responsible for determining fair value in good faith for all Fund investments. Inputs and assumptions considered in determining fair value of a security based on Level 2 or Level 3 inputs may include, but are not limited to, the type of security; the initial cost of the security; the existence of any contractual restrictions on the security's disposition; the price and extent of public trading in similar securities of the issuer or of comparable companies; quotations or evaluated prices from broker-dealers or pricing services; information obtained from the issuer and analysts; an analysis of the company's or issuer's financial statements; an evaluation of the inputs that influence the issuer and the market(s) in which the security is purchased and sold.

The value of the Funds' investments in foreign securities is generally determined using the same valuation methods and inputs as other Fund investments, as discussed above. Foreign security prices expressed in local currency values are normally translated from the local currency into U.S. dollars using the exchange rates as of 4:00 p.m., Eastern Time, on days the New York Stock Exchange is open for business. Management has approved the use of ICE Data Services ("ICE") to assist in determining the fair value of foreign equity securities when changes in the value of a certain index suggest that the closing prices on the foreign exchanges may no longer represent the amount that a Fund could expect to receive for those securities or when foreign markets are closed and U.S. markets are open. In each of these events, ICE will provide adjusted prices for certain foreign equity securities using a statistical analysis of historical correlations of multiple factors (Level 2 inputs). In the absence of precise information about the market values of these foreign securities as of the time at which a Fund's share price is calculated, Management has determined based on available data that prices adjusted or evaluated in this way are likely to be closer to the prices a Fund could realize on a current sale than the prices of those securities established at the close of the foreign markets in which the securities primarily trade.

Fair value prices are necessarily estimates, and there is no assurance that such a price will be at or close to the price at which the security is next quoted or traded.

To facilitate compliance with certain requirements necessary to maintain its status as a regulated investment company, Large Cap Growth formed NB A24 Guardian Blocker LLC (the "Blocker"), a Delaware limited liability company, to hold interests in certain private placements. The Blocker is a wholly owned subsidiary of Large Cap Growth and Large Cap Growth expects to remain its sole member.

As of May 31, 2025, the value of Large Cap Growth's investment in the Blocker was as follows:

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp; **Investment in** <br>**Blocker**<br>| &nbsp;&nbsp;&nbsp; **Percentage of** <br>**Net Assets**<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; $1139631 | &nbsp;&nbsp;&nbsp;&nbsp; 0.0<br> %<br>|

---

\* The Board has approved a proposal to change the name of Neuberger Berman Sustainable Equity Fund to Neuberger Berman Quality Equity Fund as well as corresponding changes to the 80% investment policy and principal investment strategy. These changes will be effective July 28, 2025.

For information on the Funds' significant accounting policies, please refer to the Funds' most recent financial statements and other information.

ßNotes to Consolidated Schedule of Investments for Large Cap Growth

------

Notes to Schedule of Investments Equity Funds<sup>ß</sup> (Unaudited) (cont'd)

Legend

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

---

| | |
|:---|:---|
| **Investment Methods:** | **Investment Methods:** |
| PIPE | = Private investment in public equity |
| **Other Abbreviations:** | **Other Abbreviations:** |
| ADR | = American Depositary Receipt |
| CVR | = Contingent Value Right |
| Management | = Neuberger Berman Investment Advisers LLC |
| PJSC | = Public Joint Stock Company |

---

For information on the Funds' significant accounting policies, please refer to the Funds' most recent financial statements and other information.

ßNotes to Consolidated Schedule of Investments for Large Cap Growth

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** NEUBERGER BERMAN EQUITY FUNDS

- **b. Investment Company Act file number:** 811-00582

- **c. CIK number of Registrant:** 0000044402

- **d. LEI of Registrant:** 5493007JOB1812PHXG23

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

  - **Street Address 1:** 1290 AVENUE OF THE AMERICAS

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10104

  - **Telephone number:** 212-476-8800

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

- **a. Name of Series:** Neuberger Berman Sustainable Equity Fund

- **b. EDGAR series identifier (if any):** S000007847

- **c. LEI of Series:** 549300HLS47AE104D338

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1748754911.63

**Total Liabilities:** $1250666.43

**Net Assets:** $1747504245.20

**Cash Not Reported:** $343.68

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000077156 | -4.84%               | 0.04%                | 5.13%                |
| Class ID C000021349 | -4.84%               | 0.06%                | 5.15%                |
| Class ID C000125072 | -4.81%               | 0.08%                | 5.18%                |
| Class ID C000077155 | -4.87%               | 0.02%                | 5.09%                |
| Class ID C000027738 | -4.81%               | 0.06%                | 5.16%                |
| Class ID C000244622 | -4.78%               | 0.13%                | 5.22%                |
| Class ID C000077153 | -4.91%               | -0.02%               | 5.05%                |
| Class ID C000021350 | -4.85%               | 0.04%                | 5.14%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1035363.82              | $-79271928.64                              |
| Month 2  | $21108.76                | $325249.99                                 |
| Month 3  | $0.00                    | $84207978.25                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Intuit Inc                     | Intuit Inc                                            | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     36603 | NS      | $27579262.41  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The           | Progressive Corp/The                                  | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |    189171 | NS      | $53900493.03  | 3.08%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc         | UnitedHealth Group Inc                                | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     13629 | NS      | $4114731.39   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals Inc             | United Rentals Inc                                    | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |     56111 | NS      | $39747910.18  | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc  | Interactive Brokers Group Inc                         | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |    453691 | NS      | $95129928.88  | 5.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc         | Berkshire Hathaway Inc                                | CUSIP: 084670108<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |        32 | NS      | $24236800.00  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp          | Costco Wholesale Corp                                 | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     19891 | NS      | $20690220.38  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SELF HELP FEDERAL CREDIT UNION | SELF HELP FEDERAL CREDIT UNION                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    250000 | PA      | $250000.00    | 0.01%             | 2025-06-01      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| DaVita Inc                     | DaVita Inc                                            | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | EC               | CORP              | US        |     53657 | NS      | $7311302.82   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| SPACE EXPLORATION TECH SER E P | SPACE EXPLORATION TECH SER E P                        | CUSIP: 000000000<br>LEI: 549300B9WLO96RQCXP87 | Long             | EC               | CORP              | US        |     21111 | NS      | $39055350.00  | 2.23%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Coterra Energy Inc             | Coterra Energy Inc                                    | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |    831579 | NS      | $20215685.49  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc          | Texas Instruments Inc                                 | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |    173137 | NS      | $31658100.45  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc. Class A         | Alphabet Inc                                          | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    778797 | NS      | $133750596.78 | 7.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG               | Roche Holding AG                                      | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |     61490 | NS      | $19836688.94  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc                     | Fiserv Inc                                            | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |    207589 | NS      | $33793413.31  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                                        | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    319919 | NS      | $147277910.84 | 8.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson & Co          | Becton Dickinson & Co                                 | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |     51432 | NS      | $8876648.88   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc          | Applied Materials Inc                                 | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |    288094 | NS      | $45158734.50  | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                | Cigna Group/The                                       | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |    145838 | NS      | $46178144.32  | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Group PLC              | Compass Group PLC                                     | CUSIP: 000000000<br>LEI: 2138008M6MH9OZ6U2T68 | Long             | EC               | CORP              | GB        |   1252264 | NS      | $43952526.41  | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| GoDaddy Inc                    | GoDaddy Inc                                           | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |    358660 | NS      | $65329919.00  | 3.74%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                | TJX Cos Inc/The                                       | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    131066 | NS      | $16632275.40  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc         | Berkshire Hathaway Inc                                | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |    169003 | NS      | $85170751.88  | 4.87%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard, Inc. Class A       | Mastercard Inc                                        | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    136448 | NS      | $79903948.80  | 4.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp           | Bank of America Corp                                  | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    644563 | NS      | $28444565.19  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyndryl Holdings Inc           | Kyndryl Holdings Inc                                  | CUSIP: 50155Q100<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | EC               | CORP              | US        |   1541554 | NS      | $60182268.16  | 3.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The             | Home Depot Inc/The                                    | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     42862 | NS      | $15785645.98  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors   | State Street Institutional Treasury Money Market Fund | CUSIP: 857492870<br>LEI: 549300Q3FHSMZ70NLT76 | Long             | STIV             | RF                | US        |  71726892 | NS      | $71726891.93  | 4.10%             |  |  |  | No            |                  2 | On Loan: No      |
| SPACE EXPLORATION TECH CLASS C | SPACE EXPLORATION TECH CLASS C                        | CUSIP: 000000000<br>LEI: 549300B9WLO96RQCXP87 | Long             | EC               | CORP              | US        |    137408 | NS      | $25420480.00  | 1.45%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Arista Networks Inc            | Arista Networks Inc                                   | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |    327264 | NS      | $28354152.96  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                       | CSX Corp                                              | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |    577761 | NS      | $18251469.99  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The        | Sherwin-Williams Co/The                               | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     62209 | NS      | $22321211.29  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                    | Cencora Inc                                           | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |    157548 | NS      | $45884279.52  | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| SPACE EXPLORATION TECH CLASS A | SPACE EXPLORATION TECH CLASS A                        | CUSIP: 000000000<br>LEI: 549300B9WLO96RQCXP87 | Long             | EC               | CORP              | US        |    128024 | NS      | $23684440.00  | 1.36%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CARVER FEDERAL SAVINGS BANK    | CARVER FEDERAL SAVINGS BANK                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    100000 | PA      | $100000.00    | 0.01%             | 2025-06-23      | Fixed         | 0.20%                 | No            |                  2 | On Loan: No      |
| Otis Worldwide Corp            | Otis Worldwide Corp                                   | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |    186707 | NS      | $17802512.45  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SELF HELP CREDIT UNION         | SELF HELP CREDIT UNION                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    250000 | PA      | $250000.00    | 0.01%             | 2025-08-16      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| Apple Inc                      | Apple Inc                                             | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    198788 | NS      | $39926569.80  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                   | Danaher Corp                                          | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     51028 | NS      | $9690217.20   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| WW Grainger Inc                | WW Grainger Inc                                       | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |     29768 | NS      | $32374486.08  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co           | Colgate-Palmolive Co                                  | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |    255948 | NS      | $23787807.12  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co            | JPMorgan Chase & Co                                   | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    120805 | NS      | $31892520.00  | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc                                        | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    736102 | NS      | $150908271.02 | 8.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp     | Capital One Financial Corp                            | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     46449 | NS      | $8785828.35   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-27

**Name of Applicant:** NEUBERGER BERMAN EQUITY FUNDS

**Signature:** John McGovern

**Name of Signer:** John McGovern

**Title:** Treasurer