# EDGAR Filing Document

**Accession Number:** 0000793601
**File Stem:** 0000910472-25-006688
**Filing Date:** 2025-12
**Character Count:** 18276
**Document Hash:** 6da4fbe1326e8cc31f6b146b6a1fd32e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-006688.hdr.sgml**: 20251230

**ACCESSION NUMBER**: 0000910472-25-006688

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251230

**DATE AS OF CHANGE**: 20251230

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COMMONWEALTH INTERNATIONAL SERIES TRUST
- **CENTRAL INDEX KEY:** 0000793601

**ORGANIZATION NAME:**
- **EIN:** 760342141
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04665
- **FILM NUMBER:** 251611495

**BUSINESS ADDRESS:**
- **STREET 1:** 791 TOWN & COUNTRY BLVD.
- **STREET 2:** SUITE 250
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77024
- **BUSINESS PHONE:** 7132609000

**MAIL ADDRESS:**
- **STREET 1:** 791 TOWN & COUNTRY BLVD.
- **STREET 2:** SUITE 250
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77024

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CAPSTONE INTERNATIONAL SERIES TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INVESTORS INTERNATIONAL SERIES TRUST
- **DATE OF NAME CHANGE:** 19890301

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRAMLINGTON COMMON CAPITAL FUND
- **DATE OF NAME CHANGE:** 19861102

## Series and Classes Contracts Data

### AFRICA FUND (Series ID: S000034335)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000105717 | AFRICA FUND  | CAFRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Commonwealth International Series Trust

- **b. Investment Company Act file number:** 811-04665

- **c. CIK number of Registrant:** 0000793601

- **d. LEI of Registrant:** 549300SK6CMC1ZJBF844

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

  - **Street Address 1:** 791 Town & Country Blvd.

  - **City:** Houston

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 77024

  - **Telephone number:** 888-345-1898

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

- **a. Name of Series:** AFRICA FUND

- **b. EDGAR series identifier (if any):** S000034335

- **c. LEI of Series:** 549300G6KP8J7UOYGT78

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $5696035.99

**Total Liabilities:** $21482.34

**Net Assets:** $5674553.65

**Cash Not Reported:** $3380.54

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000105717 | 7.93%                | 4.53%                | 3.27%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $379289.65                                 |
| Month 2  | $0.00                    | $210284.46                                 |
| Month 3  | $-6620.61                | $167798.87                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| South Africa (Republic of)                | Republic of South Africa Government International Bond | CUSIP: 836205AP9<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    100000 | PA      | $95882.18     | 1.69%             | 2041-03-08      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Impala Platinum Holdings Ltd              | Impala Platinum Holdings Ltd.                          | CUSIP: S37840113<br>LEI: 254900BZFIFB4PD2Z778 | Long             | EC               | CORP              | ZA        |     12500 | NS      | $134404.73    | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Grindrod Limited                          | Grindrod Ltd.                                          | CUSIP: S3302L128<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |    160000 | NS      | $156440.18    | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Mutual Ltd                            | Old Mutual Ltd.                                        | CUSIP: S5790B132<br>LEI: 213800MON84ZWWPQCN47 | Long             | EC               | CORP              | ZA        |    100000 | NS      | $78162.40     | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Nedbank Group Ltd                         | Nedbank Group Ltd.                                     | CUSIP: S5518R104<br>LEI: 3789009E42FA3CB31065 | Long             | EC               | CORP              | ZA        |      6000 | NS      | $81736.53     | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| MTN Group Ltd                             | MTN Group Ltd.                                         | CUSIP: 62474M108<br>LEI: 2549009JD6Q6XHZS5E05 | Long             | EC               | CORP              | ZA        |     18000 | NS      | $180900.00    | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Valterra Platinum Ltd.                    | Valterra Platinum Limited                              | CUSIP: S9122P108<br>LEI: 529900RORCZ0E5S5FX81 | Long             | EC               | CORP              | ZA        |      1100 | NS      | $68148.39     | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Bank Group Ltd.                  | Standard Bank Group Ltd.                               | CUSIP: 853118206<br>LEI: 2549003PEZXUT7MDBU41 | Long             | EC               | CORP              | ZA        |      9400 | NS      | $139120.00    | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexander Forbes                          | Alexander Forbes Group Holdings Ltd.                   | CUSIP: S0R00C104<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |    170000 | NS      | $80706.29     | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Clientele                                 | Clientele Ltd.                                         | CUSIP: S1785E108<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     90000 | NS      | $72734.30     | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Astral Foods                              | Astral Foods Ltd.                                      | CUSIP: S0752H102<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     12200 | NS      | $157611.86    | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Vodacom Group Limited                     | Vodacom Group Ltd.                                     | CUSIP: S9453B108<br>LEI: 37890012A8DC24B8D663 | Long             | EC               | CORP              | ZA        |     10700 | NS      | $86435.97     | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Endeavour Mining PLC                      | Endeavour Mining PLC                                   | CUSIP: G3042J105<br>LEI: 529900NI5MXQ91GHXR07 | Long             | EC               | CORP              | GB        |      3000 | NS      | $120090.00    | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Stor-Age Property Reit Limited            | Stor-Age Property REIT Ltd.                            | CUSIP: S8T34K107<br>LEI: 378900F5910D22484890 | Long             | EC               | CORP              | ZA        |    130000 | NS      | $126807.69    | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Gold Fields Ltd                           | Gold Fields Ltd.                                       | CUSIP: 38059T106<br>LEI: 5299003KXIBJQYCBBD72 | Long             | EC               | CORP              | ZA        |      8200 | NS      | $314962.00    | 5.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Motus Holdings Ltd                        | Motus Holdings Ltd.                                    | CUSIP: S5252J102<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     22500 | NS      | $135448.81    | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Money Market Obligations Trust            | Federated Hermes Government Obligations Fund           | CUSIP: 60934N104<br>LEI: 25490005VWJDWX717014 | Long             | STIV             | RF                | US        |    201305 | PA      | $201305.38    | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Oceana Group Ltd.                         | Oceana Group Ltd.                                      | CUSIP: S57090102<br>LEI: 378900F056B8F0D7F416 | Long             | EC               | CORP              | ZA        |     28000 | NS      | $78933.07     | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Harmony Gold Mining Co Ltd                | Harmony Gold Mining Company Ltd.                       | CUSIP: S34320101<br>LEI: 378900986D05F0C29811 | Long             | EC               | CORP              | ZA        |      3500 | NS      | $58791.97     | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Aspen Pharmacare Holdings Ltd.            | Aspen Pharmacare Holdings Ltd.                         | CUSIP: S0754A105<br>LEI: 635400ZYSN1IRD5QWQ94 | Long             | EC               | CORP              | ZA        |     14000 | NS      | $79239.95     | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Bidvest Group Ltd.                        | Bidvest Group Ltd.                                     | CUSIP: S1201R162<br>LEI: 5299002ARE4TRMIRGM72 | Long             | EC               | CORP              | ZA        |      9000 | NS      | $116800.59    | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sappi Limited                             | Sappi Ltd.                                             | CUSIP: S73544108<br>LEI: 549300SSI7XQH8ESJG95 | Long             | EC               | CORP              | ZA        |     41000 | NS      | $53639.60     | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Datatec Ltd                               | DataTec Ltd.                                           | CUSIP: S2100Z123<br>LEI: 213800AA36MIN5FWKV02 | Long             | EC               | CORP              | ZA        |     54575 | NS      | $226318.91    | 3.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Integrated Diagnostics Holdings Plc       | Integrated Diagnostics Holdings PLC                    | CUSIP: G4836Q115<br>LEI: 2138007JN9NUWKKTS790 | Long             | EC               | CORP              | JE        |     59000 | NS      | $33040.00     | 0.58%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Firstrand Ltd                             | FirstRand Ltd.                                         | CUSIP: S5202Z131<br>LEI: 529900XYOP8CUZU7R671 | Long             | EC               | CORP              | ZA        |     23200 | NS      | $110046.67    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| PSG Financial Services Ltd.               | PSG Konsult Ltd.                                       | CUSIP: S6S18X104<br>LEI: 378900E99AFDC02B0F23 | Long             | EC               | CORP              | ZA        |     85000 | NS      | $120863.31    | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Vukile Property Fund Limited              | Vukile Property Fund Ltd                               | CUSIP: S9468N170<br>LEI: 549300BDQAETROOTKO37 | Long             | EC               | CORP              | ZA        |    153000 | NS      | $199637.74    | 3.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxaro Resources Ltd.                     | Exxaro Resources Ltd.                                  | CUSIP: S26949107<br>LEI: 378900BC3D9BFF4E4A37 | Long             | EC               | CORP              | ZA        |     10000 | NS      | $102014.92    | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Mr Price Group Ltd.                       | Mr. Price Group Ltd.                                   | CUSIP: S5256M135<br>LEI: 378900D3417C35C5D733 | Long             | EC               | CORP              | ZA        |     11900 | NS      | $142004.82    | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Bid Corporation Limited                   | Bid Corp. Ltd.                                         | CUSIP: S11881109<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |      4667 | NS      | $115462.87    | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglogold Ashanti PLC                     | Anglogold Ashanti PLC                                  | CUSIP: G0378L100<br>LEI: 2138005YDSA7A82RNU96 | Long             | EC               | CORP              | GB        |      3000 | NS      | $204000.00    | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Discovery Limited                         | Discovery Ltd.                                         | CUSIP: S2192Y109<br>LEI: 378900245A26169C8132 | Long             | EC               | CORP              | ZA        |     12000 | NS      | $150757.11    | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial International Bank (Egypt) SAE | Commercial International Bank Egypt SAE                | CUSIP: 201712205<br>LEI: 213800FIIXJAMEVRIH48 | Long             | EC               | CORP              | EG        |     34571 | NS      | $73809.09     | 1.30%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Capitec Bank Holdings Ltd                 | Capitec Bank Holdings Ltd.                             | CUSIP: S15445109<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |      3000 | NS      | $663238.87    | 11.69%            |  |  |  | No            |                  1 | On Loan: No      |
| Wilson Bayly Holmes-Ovcon Ltd             | Wilson Bayly Holmes-Ovcon Ltd.                         | CUSIP: S5923H105<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     12100 | NS      | $105758.18    | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Sasol Ltd.                                | Sasol Ltd.                                             | CUSIP: 803866300<br>LEI: 378900F4544561A97588 | Long             | EC               | CORP              | ZA        |      4000 | NS      | $25320.00     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoprite Holdings Ltd.                    | Shoprite Holdings Ltd.                                 | CUSIP: 82510E209<br>LEI: 529900Q4O1EYP6NH5150 | Long             | EC               | CORP              | ZA        |      9000 | NS      | $151650.00    | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Naspers Limited                           | Naspers Ltd.                                           | CUSIP: S53435129<br>LEI: 21380044BQ8812EEKT59 | Long             | EC               | CORP              | ZA        |      5200 | NS      | $365959.03    | 6.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Momentum Group Ltd.                       | MMI Holdings Ltd.                                      | CUSIP: S5S757103<br>LEI: 98450051AABCKEC84814 | Long             | EC               | CORP              | ZA        |     72000 | NS      | $138719.52    | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Coronation Fund Managers Ltd.             | Coronation Fund Managers Ltd.                          | CUSIP: S19537109<br>LEI: 3789001BC9A294E6FF77 | Long             | EC               | CORP              | ZA        |     19500 | NS      | $55432.43     | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Sibanye-Stillwater Limited                | Sibanye Stillwater Ltd.                                | CUSIP: S7627K103<br>LEI: 378900F238434B74D281 | Long             | EC               | CORP              | ZA        |     27000 | NS      | $72158.03     | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-31

**Name of Applicant:** Commonwealth International Series Trust

**Signature:** Zachary Richmond

**Name of Signer:** Zachary Richmond

**Title:** Treasurer