# EDGAR Filing Document

**Accession Number:** 0001378872
**File Stem:** 0001752724-23-075867
**Filing Date:** 2023-3
**Character Count:** 609156
**Document Hash:** 556733a5a73b7202552c9faaa1dbfd58
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-075867.hdr.sgml**: 20230331

**ACCESSION NUMBER**: 0001752724-23-075867

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230331

**DATE AS OF CHANGE**: 20230331

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Invesco Exchange-Traded Fund Trust II
- **CENTRAL INDEX KEY:** 0001378872
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21977
- **FILM NUMBER:** 23785630

**BUSINESS ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515
- **BUSINESS PHONE:** 800-983-0903

**MAIL ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PowerShares Exchange-Traded Fund Trust II
- **DATE OF NAME CHANGE:** 20070919

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PowerShares Global Exchange-Traded Fund Trust
- **DATE OF NAME CHANGE:** 20061023

## Series and Classes Contracts Data

### Invesco S&P Global Water Index ETF (Series ID: S000060819)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000197635 | Invesco S&P Global Water Index ETF | CGW             |

## Nport-Ex

Schedule of Investments<sup>(a)</sup><br>

### Invesco China Technology ETF (CQQQ)
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks & Other Equity Interests-99.83%** | **Common Stocks & Other Equity Interests-99.83%** | **Common Stocks & Other Equity Interests-99.83%** |
| **Capital Markets-0.47%** | **Capital Markets-0.47%** | **Capital Markets-0.47%** |
| Hithink RoyalFlush Information Network Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;287500 | &nbsp;&nbsp;$5054728 |
| **Chemicals-0.14%** | **Chemicals-0.14%** | **Chemicals-0.14%** |
| Jiangsu Cnano Technology Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;120623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1546934 |
| **Electrical Equipment-1.31%** | **Electrical Equipment-1.31%** | **Electrical Equipment-1.31%** |
| East Group Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;1076300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1184430 |
| Hongfa Technology Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;358449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1992841 |
| Qingdao TGOOD Electric Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;540318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1361731 |
| Sieyuan Electric Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;409820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2640165 |
| Suzhou Anjie Technology Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;354800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;735143 |
| Suzhou Maxwell Technologies Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6097025 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;14011335 |
| **Electronic Equipment, Instruments & Components-10.82%** | **Electronic Equipment, Instruments & Components-10.82%** | **Electronic Equipment, Instruments & Components-10.82%** |
| Avary Holding Shenzhen Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;443456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1892102 |
| Beijing Yuanliu Hongyuan Electronic Technology Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;107786 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1670022 |
| BOE Technology Group Co. Ltd., A Shares (China)<br>| 20062474 | &nbsp;&nbsp;&nbsp;&nbsp;11837161 |
| BOE Technology Group Co. Ltd., B Shares (China)<br>| &nbsp;&nbsp;5294279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2433210 |
| Chaozhou Three-Circle Group Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;1024990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5069006 |
| China Zhenhua Group Science & Technology Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;277159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4664972 |
| Guangzhou Shiyuan Electronic Technology Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;128660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1199592 |
| Hengdian Group DMEGC Magnetics Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;870100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2880488 |
| Holitech Technology Co. Ltd. (China)<sup>(b)</sup><br>| &nbsp;&nbsp;1547800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;682622 |
| Lens Technology Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;2659900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5245258 |
| Leyard Optoelectronic Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;1320600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1195660 |
| Lingyi iTech Guangdong Co., A Shares (China)<sup>(b)</sup><br>| &nbsp;&nbsp;3782000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3009199 |
| Maxscend Microelectronics Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;254746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5075033 |
| OFILM Group Co. Ltd., A Shares (China)<sup>(b)</sup><br>| &nbsp;&nbsp;1692173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1262190 |
| Raytron Technology Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;231648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1517523 |
| Shanghai Friendess Electronic Technology Corp. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2246453 |
| Shengyi Technology Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;1238119 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2970240 |
| Shennan Circuits Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1091324 |
| Shenzhen Everwin Precision Technology Co. Ltd., A Shares (China)<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;623980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1182792 |
| Shenzhen Huaqiang Industry Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;504575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;929397 |
| Shenzhen Kaifa Technology Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;810517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1399607 |
| Shenzhen Kinwong Electronic Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;186120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;602389 |
| Sunny Optical Technology Group Co. Ltd. (China)<br>| &nbsp;&nbsp;2896164 | &nbsp;&nbsp;&nbsp;&nbsp;39274358 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Electronic Equipment, Instruments & Components-(continued)** | **Electronic Equipment, Instruments & Components-(continued)** | **Electronic Equipment, Instruments & Components-(continued)** |
| Tianma Microelectronics Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;1234352 | &nbsp;&nbsp;&nbsp;&nbsp;$1726483 |
| Unisplendour Corp. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;710258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2417649 |
| Universal Scientific Industrial Shanghai Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;432700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1079703 |
| Wuhan Guide Infrared Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;1757070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3068549 |
| WUS Printed Circuit Kunshan Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;1014310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1916785 |
| Xiamen Faratronic Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;120400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3200058 |
| Zhejiang Crystal-Optech Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;722270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1356206 |
| Zhuzhou Hongda Electronics Corp. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;207200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1468002 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;115564033 |
| **Entertainment-7.92%** | **Entertainment-7.92%** | **Entertainment-7.92%** |
| Bilibili, Inc., Z Shares (China)<sup>(b)(c)</sup><br>| &nbsp;&nbsp;1578545 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39653727 |
| China Ruyi Holdings Ltd. (China)<sup>(b)</sup><br>| 18245745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4895087 |
| Hangzhou Shunwang Technology Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;360700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;582454 |
| Tencent Music Entertainment Group, ADR (China)<sup>(b)</sup><br>| &nbsp;&nbsp;4700191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39434602 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84565870 |
| **Health Care Technology-0.17%** | **Health Care Technology-0.17%** | **Health Care Technology-0.17%** |
| Winning Health Technology Group Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;1148729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1842876 |
| **Household Durables-0.44%** | **Household Durables-0.44%** | **Household Durables-0.44%** |
| TCL Technology Group Corp., A Shares (China)<br>| &nbsp;&nbsp;7504500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4681387 |
| **Interactive Media & Services-28.28%** | **Interactive Media & Services-28.28%** | **Interactive Media & Services-28.28%** |
| Autohome, Inc., ADR (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;458435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15981044 |
| Baidu, Inc., A Shares (China)<sup>(b)</sup><br>| &nbsp;&nbsp;5043717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85192814 |
| JOYY, Inc., ADR (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;346785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12373289 |
| Kuaishou Technology (China)<sup>(b)(d)</sup><br>| &nbsp;&nbsp;6637544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58131593 |
| Tencent Holdings Ltd. (China)<br>| &nbsp;&nbsp;2381594 | &nbsp;&nbsp;&nbsp;&nbsp;116124184 |
| Weibo Corp., ADR (China)<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;543050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12354387 |
| Zhihu, Inc., ADR (China)<sup>(b)(c)</sup><br>| &nbsp;&nbsp;1196643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1950528 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;302107839 |
| **Internet & Direct Marketing Retail-16.00%** | **Internet & Direct Marketing Retail-16.00%** | **Internet & Direct Marketing Retail-16.00%** |
| Dada Nexus Ltd., ADR (China)<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;539337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7016774 |
| Meituan, B Shares (China)<sup>(b)(d)</sup><br>| &nbsp;&nbsp;3940542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87773713 |
| Pinduoduo, Inc., ADR (China)<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;777405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76170142 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;170960629 |
| **IT Services-4.44%** | **IT Services-4.44%** | **IT Services-4.44%** |
| Beijing Sinnet Technology Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;933900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1240657 |
| Beijing Ultrapower Software Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;1018700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;742923 |
| China TransInfo Technology Co. Ltd., A Shares (China)<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;527771 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790360 |
| DHC Software Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;1664800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1527234 |
| Digital China Information Service Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;308900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;533802 |
| GDS Holdings Ltd., A Shares (China)<sup>(b)(c)</sup><br>| &nbsp;&nbsp;7007589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20472382 |
| Kingsoft Cloud Holdings Ltd., ADR (China)<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;772051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3705845 |
| Taiji Computer Corp. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;301073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1653457 |
| TravelSky Technology Ltd., H Shares (China)<br>| &nbsp;&nbsp;7124076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14796098 |

---

See accompanying notes which are an integral part of this schedule.

------

### Invesco China Technology ETF (CQQQ)—(continued)<br>
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **IT Services-(continued)** | **IT Services-(continued)** | **IT Services-(continued)** |
| Wangsu Science & Technology Co. Ltd., A Shares (China)<br>| 1270845 | &nbsp;&nbsp;$1091598 |
| Wonders Information Co. Ltd., A Shares (China)<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;616800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;872838 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;47427194 |
| **Machinery-0.46%** | **Machinery-0.46%** | **Machinery-0.46%** |
| Han's Laser Technology Industry Group Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1620260 |
| Wuxi Shangji Automation Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;197020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3340223 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4960483 |
| **Media-1.63%** | **Media-1.63%** | **Media-1.63%** |
| China Literature Ltd. (China)<sup>(b)(c)(d)</sup><br>| 3058550 | &nbsp;&nbsp;&nbsp;&nbsp;15978417 |
| People.cn Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;574200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1425951 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;17404368 |
| **Semiconductors & Semiconductor Equipment-14.57%** | **Semiconductors & Semiconductor Equipment-14.57%** | **Semiconductors & Semiconductor Equipment-14.57%** |
| 3Peak, Inc., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;50691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2175596 |
| Advanced Micro-Fabrication Equipment, Inc., A Shares (China)<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;329612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5139156 |
| All Winner Technology Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;279953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;933584 |
| Amlogic Shanghai Co. Ltd., A Shares (China)<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;219897 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2526052 |
| China Resources Microelectronics Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;516490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4213075 |
| GigaDevice Semiconductor, Inc., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;356964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6074806 |
| Goke Microelectronics Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;94600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1262246 |
| Hangzhou Chang Chuan Technology Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;323202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2073800 |
| Hangzhou Lion Electronics Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;362012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2506174 |
| Hangzhou Silan Microelectronics Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;757500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3978956 |
| Hua Hong Semiconductor Ltd. (China)<sup>(b)(d)</sup><br>| 3141881 | &nbsp;&nbsp;&nbsp;&nbsp;12211343 |
| Ingenic Semiconductor Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;207900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2402375 |
| JCET Group Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;952000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3769989 |
| LONGi Green Energy Technology Co. Ltd., A Shares (China)<br>| 4053305 | &nbsp;&nbsp;&nbsp;&nbsp;29043275 |
| Montage Technology Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;605911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4968740 |
| NAURA Technology Group Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;281957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9822604 |
| Rockchip Electronics Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;78608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;881310 |
| SG Micro Corp., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;189562 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5006382 |
| Shanghai Fudan Microelectronics Group Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;152317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1534258 |
| Shanghai Fudan Microelectronics Group Co. Ltd., H Shares (China)<br>| 2168541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9057059 |
| Shenzhen SC New Energy Technology Corp., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;166318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3040101 |
| StarPower Semiconductor Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;81500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3827578 |
| TCL Zhonghuan Renewable Energy Technology Co. Ltd., A Shares (China)<br>| 1728425 | &nbsp;&nbsp;&nbsp;&nbsp;10879736 |
| Tianshui Huatian Technology Co. Ltd., A Shares (China)<br>| 1714000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2267513 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Semiconductors & Semiconductor Equipment-(continued)** | **Semiconductors & Semiconductor Equipment-(continued)** | **Semiconductors & Semiconductor Equipment-(continued)** |
| TongFu Microelectronics Co. Ltd., A Shares (China)<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;710800 | &nbsp;&nbsp;&nbsp;&nbsp;$1933279 |
| Unigroup Guoxin Microelectronics Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;454559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8480014 |
| Will Semiconductor Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;442449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6181664 |
| Yangzhou Yangjie Electronic Technology Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;274045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2319585 |
| Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;699500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7147821 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;155658071 |
| **Software-11.30%** | **Software-11.30%** | **Software-11.30%** |
| Beijing E-Hualu Information Technology Co. Ltd., A Shares (China)<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;345800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1330868 |
| Beijing Kingsoft Office Software, Inc., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;246366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10256514 |
| Beijing Orient National Communication Science & Technology Co. Ltd., A Shares (China)<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;598600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;754955 |
| Beijing Shiji Information Technology Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;1123012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2857105 |
| China National Software & Service Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;352900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3944316 |
| Hundsun Technologies, Inc., A Shares (China)<br>| &nbsp;&nbsp;1016125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7116052 |
| Iflytek Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;1243050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7479963 |
| Kingdee International Software Group Co. Ltd. (China)<sup>(b)</sup><br>| 19532207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42560180 |
| Longshine Technology Group Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;567367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2098358 |
| Ming Yuan Cloud Group Holdings Ltd. (China)<br>| &nbsp;&nbsp;4294602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4026934 |
| Newland Digital Technology Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;536200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1128205 |
| NSFOCUS Technologies Group Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;385400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;714411 |
| Sangfor Technologies, Inc., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76614 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1716136 |
| Shanghai 2345 Network Holding Group Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;1726800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;808172 |
| Shanghai Baosight Software Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;483553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3579621 |
| Shanghai Baosight Software Co. Ltd., B Shares (China)<br>| &nbsp;&nbsp;3840609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12025001 |
| Shenzhen Infogem Technologies Co. Ltd., A Shares (China)<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;367000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;586268 |
| Shenzhen Kingdom Sci-Tech Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;488800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;964482 |
| Sinosoft Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;110320 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;501887 |
| Thunder Software Technology Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;218587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3560921 |
| Topsec Technologies Group, Inc., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;615800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011883 |
| Tuya, Inc., ADR (China)<sup>(b)(c)</sup><br>| &nbsp;&nbsp;1789499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4992702 |
| Yonyou Network Technology Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;1837204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6691060 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;120705994 |
| **Technology Hardware, Storage & Peripherals-1.52%** | **Technology Hardware, Storage & Peripherals-1.52%** | **Technology Hardware, Storage & Peripherals-1.52%** |
| China Greatwall Technology Group Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;1725346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3107535 |
| Inspur Electronic Information Industry Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;&nbsp;777558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2735573 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Technology Hardware, Storage & Peripherals-(continued)** | **Technology Hardware, Storage & Peripherals-(continued)** | **Technology Hardware, Storage & Peripherals-(continued)** |
| Legend Holdings Corp., H Shares (China)<sup>(d)</sup><br>| 3940902 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4630176 |
| Ninestar Corp., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;754650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5743255 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16216539 |
| **Trading Companies & Distributors-0.36%** | **Trading Companies & Distributors-0.36%** | **Trading Companies & Distributors-0.36%** |
| Beijing United Information Technology Co. Ltd., A Shares (China)<br>| &nbsp;&nbsp;&nbsp;266655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3824833 |
| &nbsp;&nbsp;&nbsp;Total Common Stocks & Other Equity Interests<br>(Cost $1,082,909,016) | &nbsp;&nbsp;&nbsp;Total Common Stocks & Other Equity Interests<br>(Cost $1,082,909,016) | &nbsp;&nbsp;1066533113 |
| **Money Market Funds-0.79%** | **Money Market Funds-0.79%** | **Money Market Funds-0.79%** |
| Invesco Government & Agency Portfolio, Institutional Class, 4.30%<sup>(e)(f)</sup><br>(Cost $8,502,478)<br>| 8502478 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8502478 |
| TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-100.62%<br>(Cost $1,091,411,494) | TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-100.62%<br>(Cost $1,091,411,494) | &nbsp;&nbsp;1075035591 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Investments Purchased with Cash Collateral<br> from Securities on Loan** | **Investments Purchased with Cash Collateral<br> from Securities on Loan** | **Investments Purchased with Cash Collateral<br> from Securities on Loan** |
| **Money Market Funds-1.16%** | **Money Market Funds-1.16%** | **Money Market Funds-1.16%** |
| Invesco Private Government Fund, 4.36%<sup>(e)(f)(g)</sup><br>| 3460154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3460154 |
| Invesco Private Prime Fund, 4.59%<sup>(e)(f)(g)</sup><br>| 8896735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8899403 |
| &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $12,359,558) | &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $12,359,558) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12359557 |
| TOTAL INVESTMENTS IN SECURITIES-101.78%<br>(Cost $1,103,771,052) | TOTAL INVESTMENTS IN SECURITIES-101.78%<br>(Cost $1,103,771,052) | &nbsp;&nbsp;1087395148 |
| OTHER ASSETS LESS LIABILITIES-(1.78)% | OTHER ASSETS LESS LIABILITIES-(1.78)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19028096) |
| NET ASSETS-100.00% | NET ASSETS-100.00% | $1068367052 |

---

Investment Abbreviations: <br> ADR -American Depositary Receipt

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor's. |
| <sup>(b)</sup> | Non-income producing security. |
| <sup>(c)</sup> | All or a portion of this security was out on loan at January 31, 2023. |
| <sup>(d)</sup> | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2023 was $178,725,242, which represented 16.73% of the Fund's Net Assets. |
| <sup>(e)</sup> | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2023. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> October 31, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;$276917 | &nbsp;&nbsp;&nbsp;$68273763 | &nbsp;&nbsp;&nbsp;$(60048202) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$8502478 | &nbsp;&nbsp;&nbsp;$29626 |
| &nbsp;&nbsp;**Investments Purchased with Cash Collateral from Securities on Loan:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Private Government Fund | &nbsp;&nbsp;&nbsp;&nbsp;13979864 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48603076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(59122786) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3460154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78,604\* |
| &nbsp;&nbsp;Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp;&nbsp;35951651 | &nbsp;&nbsp;&nbsp;&nbsp;124202200 | &nbsp;&nbsp;&nbsp;&nbsp;(151268820) | &nbsp;&nbsp;&nbsp;&nbsp;(426) | &nbsp;&nbsp;&nbsp;&nbsp;14798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8899403 | &nbsp;&nbsp;&nbsp;&nbsp;215,638\* |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;&nbsp;$50208432 | &nbsp;&nbsp;&nbsp;$241079039 | &nbsp;&nbsp;&nbsp;$(270439808) | &nbsp;&nbsp;&nbsp;$(426) | &nbsp;&nbsp;&nbsp;$14798 | &nbsp;&nbsp;&nbsp;$20862035 | &nbsp;&nbsp;&nbsp;$323868 |

---

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

<sup>(f)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2023. <br> <sup>(g)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

---

| | |
|:---|:---|
| This Fund has holdings greater than 10% of net assets in the following country: |  |
| China | 99.83% |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

Schedule of Investments<br>

### Invesco DWA Developed Markets Momentum ETF (PIZ)
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks & Other Equity Interests-99.95%** | **Common Stocks & Other Equity Interests-99.95%** | **Common Stocks & Other Equity Interests-99.95%** |
| **Australia-11.04%** | **Australia-11.04%** | **Australia-11.04%** |
| BHP Group Ltd.<br>| &nbsp;&nbsp;26279 | &nbsp;&nbsp;&nbsp;&nbsp;$914394 |
| CSL Ltd.<br>| &nbsp;&nbsp;17840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3747151 |
| EBOS Group Ltd.<br>| &nbsp;&nbsp;27851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;773945 |
| Fortescue Metals Group Ltd.<br>| 126641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1984644 |
| Glencore PLC<br>| 127173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;847318 |
| Mineral Resources Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;29944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1876638 |
| Rio Tinto PLC<br>| &nbsp;&nbsp;10431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;811462 |
| Steadfast Group Ltd.<br>| 209412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;773226 |
| Washington H Soul Pattinson & Co. Ltd.<br>| &nbsp;&nbsp;41264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;834791 |
| Whitehaven Coal Ltd.<br>| 321077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1900474 |
| Woolworths Group Ltd.<br>| &nbsp;&nbsp;30331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;771129 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;15235172 |
| **Belgium-1.65%** | **Belgium-1.65%** | **Belgium-1.65%** |
| D'Ieteren Group<br>| &nbsp;&nbsp;&nbsp;&nbsp;6250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1187189 |
| Sofina S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1091347 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2278536 |
| **Canada-18.79%** | **Canada-18.79%** | **Canada-18.79%** |
| ARC Resources Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;86318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000095 |
| Canadian National Railway Co.<br>| &nbsp;&nbsp;24104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2861012 |
| Canadian Pacific Railway Ltd.<br>| &nbsp;&nbsp;18812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1480598 |
| CGI, Inc., Class A<sup>(b)</sup><br>| &nbsp;&nbsp;22413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1915523 |
| Constellation Software, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4360292 |
| Dollarama, Inc.<br>| &nbsp;&nbsp;40835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2435074 |
| Element Fleet Management Corp.<br>| &nbsp;&nbsp;76054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1071544 |
| Intact Financial Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;915856 |
| Ivanhoe Mines Ltd., Class A<sup>(b)</sup><br>| 110409 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1034296 |
| Metro, Inc.<br>| &nbsp;&nbsp;53623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2902277 |
| Quebecor, Inc., Class B<br>| &nbsp;&nbsp;37360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;883638 |
| Teck Resources Ltd., Class B<br>| &nbsp;&nbsp;25265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1089859 |
| TFI International, Inc.<br>| &nbsp;&nbsp;11514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1278720 |
| Thomson Reuters Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;825592 |
| TMX Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;782604 |
| WSP Global, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1102504 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;25939484 |
| **Denmark-3.77%** | **Denmark-3.77%** | **Denmark-3.77%** |
| Genmab A/S<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652221 |
| Novo Nordisk A/S, Class B<br>| &nbsp;&nbsp;20954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2884700 |
| Ringkjoebing Landbobank A/S<br>| &nbsp;&nbsp;11512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1668869 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5205790 |
| **Finland-6.30%** | **Finland-6.30%** | **Finland-6.30%** |
| Elisa OYJ<br>| &nbsp;&nbsp;39027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2220142 |
| Neste OYJ<br>| &nbsp;&nbsp;49910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2375795 |
| Sampo OYJ, Class A<br>| &nbsp;&nbsp;62618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3275864 |
| UPM-Kymmene OYJ<br>| &nbsp;&nbsp;22781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;822649 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8694450 |
| **France-5.96%** | **France-5.96%** | **France-5.96%** |
| Hermes International<br>| &nbsp;&nbsp;&nbsp;&nbsp;1150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2141339 |
| LVMH Moet Hennessy Louis Vuitton SE<br>| &nbsp;&nbsp;&nbsp;&nbsp;3529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3066138 |
| Pernod Ricard S.A.<br>| &nbsp;&nbsp;10935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2255245 |
| Rexel S.A.<sup>(b)</sup><br>| &nbsp;&nbsp;34996 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;770030 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8232752 |
| **Germany-4.90%** | **Germany-4.90%** | **Germany-4.90%** |
| Carl Zeiss Meditec AG, BR<br>| &nbsp;&nbsp;14164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2029763 |
| Deutsche Boerse AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;4016 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;716389 |
| Hannover Rueck SE<br>| &nbsp;&nbsp;&nbsp;&nbsp;6677 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1350240 |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, Class R<br>| &nbsp;&nbsp;&nbsp;&nbsp;2529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;909132 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Germany-(continued)** | **Germany-(continued)** | **Germany-(continued)** |
| Rheinmetall AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;3794 | &nbsp;&nbsp;&nbsp;$881782 |
| SAP SE<br>| &nbsp;&nbsp;&nbsp;&nbsp;7416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;872909 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;6760215 |
| **Ireland-0.93%** | **Ireland-0.93%** | **Ireland-0.93%** |
| Bank of Ireland Group PLC<sup>(a)</sup><br>| 120674 | &nbsp;&nbsp;&nbsp;&nbsp;1282534 |
| **Israel-0.50%** | **Israel-0.50%** | **Israel-0.50%** |
| Bezeq The Israeli Telecommunication Corp. Ltd.<br>| 416690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;687962 |
| **Italy-1.85%** | **Italy-1.85%** | **Italy-1.85%** |
| Banco BPM S.p.A.<br>| 202068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;905695 |
| Infrastrutture Wireless Italiane S.p.A.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;67665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;738183 |
| Terna Rete Elettrica Nazionale S.p.A.<br>| 115601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;910478 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2554356 |
| **Japan-6.80%** | **Japan-6.80%** | **Japan-6.80%** |
| Disco Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3374 | &nbsp;&nbsp;&nbsp;&nbsp;1004066 |
| Lasertec Corp.<br>| &nbsp;&nbsp;20830 | &nbsp;&nbsp;&nbsp;&nbsp;4089276 |
| Marubeni Corp.<br>| &nbsp;&nbsp;60102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;733222 |
| Mitsui & Co. Ltd.<br>| &nbsp;&nbsp;22488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;660573 |
| Nippon Telegraph & Telephone Corp.<br>| &nbsp;&nbsp;23934 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;716299 |
| Nissan Chemical Corp.<br>| &nbsp;&nbsp;18398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;862992 |
| TIS, Inc.<br>| &nbsp;&nbsp;45894 | &nbsp;&nbsp;&nbsp;&nbsp;1316349 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;9382777 |
| **Netherlands-4.27%** | **Netherlands-4.27%** | **Netherlands-4.27%** |
| ASML Holding N.V.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6275 | &nbsp;&nbsp;&nbsp;&nbsp;4106699 |
| Koninklijke Ahold Delhaize N.V.<br>| &nbsp;&nbsp;22932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;682032 |
| Wolters Kluwer N.V.<br>| &nbsp;&nbsp;10175 | &nbsp;&nbsp;&nbsp;&nbsp;1106714 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;5895445 |
| **New Zealand-0.52%** | **New Zealand-0.52%** | **New Zealand-0.52%** |
| Spark New Zealand Ltd.<br>| 211569 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;711661 |
| **Norway-0.45%** | **Norway-0.45%** | **Norway-0.45%** |
| Gjensidige Forsikring ASA<br>| &nbsp;&nbsp;34946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625919 |
| **Portugal-0.48%** | **Portugal-0.48%** | **Portugal-0.48%** |
| Jeronimo Martins SGPS S.A.<br>| &nbsp;&nbsp;30896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;669079 |
| **Singapore-3.23%** | **Singapore-3.23%** | **Singapore-3.23%** |
| DBS Group Holdings Ltd.<br>| &nbsp;&nbsp;26372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;718115 |
| Oversea-Chinese Banking Corp. Ltd.<br>| 146468 | &nbsp;&nbsp;&nbsp;&nbsp;1440888 |
| STMicroelectronics N.V.<br>| &nbsp;&nbsp;32796 | &nbsp;&nbsp;&nbsp;&nbsp;1535497 |
| Venture Corp. Ltd.<br>| &nbsp;&nbsp;54276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;762304 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4456804 |
| **South Africa-1.62%** | **South Africa-1.62%** | **South Africa-1.62%** |
| Anglo American PLC<br>| &nbsp;&nbsp;52360 | &nbsp;&nbsp;&nbsp;&nbsp;2234522 |
| **South Korea-1.41%** | **South Korea-1.41%** | **South Korea-1.41%** |
| Ecopro BM Co. Ltd.<br>| &nbsp;&nbsp;23944 | &nbsp;&nbsp;&nbsp;&nbsp;1939934 |
| **Spain-2.44%** | **Spain-2.44%** | **Spain-2.44%** |
| Banco de Sabadell S.A.<br>| 772395 | &nbsp;&nbsp;&nbsp;&nbsp;1004535 |
| Ferrovial S.A.<br>| &nbsp;&nbsp;31897 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;936713 |
| Iberdrola S.A.<br>| &nbsp;&nbsp;61444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;717025 |
| Repsol S.A.<br>| &nbsp;&nbsp;43532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;713424 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;3371697 |
| **Sweden-1.68%** | **Sweden-1.68%** | **Sweden-1.68%** |
| Atlas Copco AB, Class A<br>| &nbsp;&nbsp;55671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;655835 |
| Swedbank AB, Class A<br>| &nbsp;&nbsp;86721 | &nbsp;&nbsp;&nbsp;&nbsp;1659907 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2315742 |
| **Switzerland-12.66%** | **Switzerland-12.66%** | **Switzerland-12.66%** |
| Baloise Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;5948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;971749 |
| Banque Cantonale Vaudoise<br>| &nbsp;&nbsp;13128 | &nbsp;&nbsp;&nbsp;&nbsp;1240998 |
| Belimo Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;6654 | &nbsp;&nbsp;&nbsp;&nbsp;3483618 |

---

See accompanying notes which are an integral part of this schedule.

------

### Invesco DWA Developed Markets Momentum ETF (PIZ)—(continued)<br>
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Switzerland-(continued)** | **Switzerland-(continued)** | **Switzerland-(continued)** |
| Chocoladefabriken Lindt & Spruengli AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7 | &nbsp;&nbsp;&nbsp;&nbsp;$784000 |
| Flughafen Zurich AG<sup>(b)</sup><br>| &nbsp;&nbsp;16906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3060101 |
| Georg Fischer AG<br>| &nbsp;&nbsp;11655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;796029 |
| Novartis AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;7625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;684362 |
| Sika AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;9633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2713492 |
| Swiss Life Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;2079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1221943 |
| Swisscom AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;1244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;731167 |
| VAT Group AG<sup>(a)(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1042672 |
| Zurich Insurance Group AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;1517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746653 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;17476784 |
| **United Kingdom-5.32%** | **United Kingdom-5.32%** | **United Kingdom-5.32%** |
| Ashtead Group PLC<br>| &nbsp;&nbsp;11957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;782235 |
| AstraZeneca PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;7136 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;930346 |
| Centrica PLC<br>| 580459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;719963 |
| Diageo PLC<br>| &nbsp;&nbsp;37008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1603733 |
| Drax Group PLC<br>| 112754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;896723 |
| InterContinental Hotels Group PLC<br>| &nbsp;&nbsp;23655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1630232 |
| RELX PLC<br>| &nbsp;&nbsp;26430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;781563 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7344795 |
| **United States-3.38%** | **United States-3.38%** | **United States-3.38%** |
| Computershare Ltd.<br>| &nbsp;&nbsp;39574 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;662288 |
| Nestle S.A.<br>| &nbsp;&nbsp;13286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1612107 |
| Roche Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;2323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;721236 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **United States-(continued)** | **United States-(continued)** | **United States-(continued)** |
| Tenaris S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;49336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$870698 |
| Waste Connections, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;798281 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4664610 |
| TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.95%<br>(Cost $122,939,627) | TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.95%<br>(Cost $122,939,627) | &nbsp;&nbsp;137961020 |
| **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** |
| **Money Market Funds-1.86%** | **Money Market Funds-1.86%** | **Money Market Funds-1.86%** |
| Invesco Private Government Fund, 4.36%<sup>(d)(e)(f)</sup><br>| &nbsp;&nbsp;&nbsp;717702 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;717702 |
| Invesco Private Prime Fund, 4.59%<sup>(d)(e)(f)</sup><br>| 1846106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1846660 |
| &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $2,564,370) | &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $2,564,370) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2564362 |
| TOTAL INVESTMENTS IN SECURITIES-101.81%<br>(Cost $125,503,997) | TOTAL INVESTMENTS IN SECURITIES-101.81%<br>(Cost $125,503,997) | &nbsp;&nbsp;140525382 |
| OTHER ASSETS LESS LIABILITIES-(1.81)% | OTHER ASSETS LESS LIABILITIES-(1.81)% | &nbsp;&nbsp;&nbsp;&nbsp;(2493551) |
| NET ASSETS-100.00% | NET ASSETS-100.00% | $138031831 |

---

Investment Abbreviations: <br> BR-Bearer Shares

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | All or a portion of this security was out on loan at January 31, 2023. |
| <sup>(b)</sup> | Non-income producing security. |
| <sup>(c)</sup> | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2023 was $1,780,855, which represented 1.29% of the Fund's Net Assets. |
| <sup>(d)</sup> | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2023. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> October 31, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$205013 | &nbsp;&nbsp;&nbsp;&nbsp;$(205013) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$102 |
| &nbsp;&nbsp;**Investments Purchased with Cash Collateral from Securities on Loan:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Private Government Fund | &nbsp;&nbsp;&nbsp;&nbsp;1900398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7916924 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9099620) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;717702 | &nbsp;&nbsp;&nbsp;&nbsp;19,671\* |
| &nbsp;&nbsp;Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp;&nbsp;4885456 | &nbsp;&nbsp;&nbsp;&nbsp;16362605 | &nbsp;&nbsp;&nbsp;&nbsp;(19403451) | &nbsp;&nbsp;&nbsp;&nbsp;(138) | &nbsp;&nbsp;&nbsp;&nbsp;2188 | &nbsp;&nbsp;&nbsp;&nbsp;1846660 | &nbsp;&nbsp;&nbsp;&nbsp;53,778\* |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;&nbsp;$6785854 | &nbsp;&nbsp;&nbsp;$24484542 | &nbsp;&nbsp;&nbsp;$(28708084) | &nbsp;&nbsp;&nbsp;$(138) | &nbsp;&nbsp;&nbsp;$2188 | &nbsp;&nbsp;&nbsp;$2564362 | &nbsp;&nbsp;&nbsp;$73551 |

---

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2023. <br> <sup>(f)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

Schedule of Investments<br>

### Invesco DWA Emerging Markets Momentum ETF (PIE)
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks & Other Equity Interests-99.94%** | **Common Stocks & Other Equity Interests-99.94%** | **Common Stocks & Other Equity Interests-99.94%** |
| **Brazil-3.28%** | **Brazil-3.28%** | **Brazil-3.28%** |
| BB Seguridade Participacoes S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;126500 | &nbsp;&nbsp;&nbsp;&nbsp;$938666 |
| Gerdau S.A., Preference Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;158800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1021146 |
| Metalurgica Gerdau S.A., Preference Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;363700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1035071 |
| Vale S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;119100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2210793 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5205676 |
| **China-12.74%** | **China-12.74%** | **China-12.74%** |
| Airtac International Group<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1303260 |
| Akeso, Inc., B Shares<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;212000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1290811 |
| ANTA Sports Products Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;142621 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2154267 |
| C&D International Investment Group Ltd.<br>| &nbsp;&nbsp;1004148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3205877 |
| China Education Group Holdings Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;624000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;994763 |
| China Merchants Bank Co. Ltd., H Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;234000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1517998 |
| China Overseas Property Holdings Ltd.<br>| &nbsp;&nbsp;1937898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2542367 |
| China Resources Pharmaceutical Group Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;965000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;728187 |
| China Shenhua Energy Co. Ltd., H Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;369509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1147858 |
| China State Construction International Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;779899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;937379 |
| ENN Energy Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;942368 |
| Sany Heavy Equipment International Holdings Co. Ltd.<br>| &nbsp;&nbsp;2624603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2651875 |
| Sunac Services Holdings Ltd.<sup>(a)(b)(c)</sup><br>| &nbsp;&nbsp;1581000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;786612 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;20203622 |
| **Indonesia-6.76%** | **Indonesia-6.76%** | **Indonesia-6.76%** |
| PT Bank Negara Indonesia (Persero) Tbk<br>| &nbsp;&nbsp;1371514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;839404 |
| PT Indah Kiat Pulp & Paper Corp. Tbk<br>| &nbsp;&nbsp;1319329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;734645 |
| PT Indo Tambangraya Megah Tbk<br>| &nbsp;&nbsp;&nbsp;&nbsp;889284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2151934 |
| PT Matahari Department Store Tbk<br>| &nbsp;&nbsp;7084691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2074836 |
| PT Merdeka Copper Gold Tbk<sup>(b)</sup><br>| 11245550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3556378 |
| PT Vale Indonesia Tbk<sup>(b)</sup><br>| &nbsp;&nbsp;2734844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1360595 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;10717792 |
| **Malaysia-6.81%** | **Malaysia-6.81%** | **Malaysia-6.81%** |
| D&O Green Technologies Bhd.<br>| &nbsp;&nbsp;2552600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2833953 |
| Frontken Corp. Bhd.<br>| &nbsp;&nbsp;6106300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4715541 |
| Press Metal Aluminium Holdings Bhd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;744900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;908563 |
| QL Resources Bhd.<br>| &nbsp;&nbsp;1704500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2345523 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;10803580 |
| **Mexico-10.43%** | **Mexico-10.43%** | **Mexico-10.43%** |
| Alfa S.A.B. de C.V., Class A<br>| &nbsp;&nbsp;1219535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;884812 |
| Arca Continental S.A.B. de C.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;104999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;929018 |
| Banco del Bajio S.A.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;584728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2358507 |
| Corp. Inmobiliaria Vesta SAB de C.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;342779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;937902 |
| Gentera S.A.B. de C.V.<br>| &nbsp;&nbsp;1769664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2165015 |
| Grupo Aeroportuario del Pacifico S.A.B. de C.V., Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1035982 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V., Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;907361 |
| Grupo Bimbo S.A.B. de C.V., Series A<br>| &nbsp;&nbsp;&nbsp;&nbsp;235084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1175670 |
| Grupo Carso S.A.B. de C.V., Series A1<br>| &nbsp;&nbsp;&nbsp;&nbsp;183418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;929968 |
| Grupo Comercial Chedraui S.A. de C.V.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;308204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1518560 |
| Grupo Financiero Inbursa S.A.B. de C.V., Class O<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;473244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1019488 |
| Qualitas Controladora S.A.B. de C.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;215972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1193130 |
| Regional S.A.B. de C.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;170586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1474208 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;16529621 |
| **Philippines-1.24%** | **Philippines-1.24%** | **Philippines-1.24%** |
| DMCI Holdings, Inc.<br>| &nbsp;&nbsp;5642938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1136284 |
| International Container Terminal Services, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;218466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;831533 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1967817 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **South Africa-10.56%** | **South Africa-10.56%** | **South Africa-10.56%** |
| Absa Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;78744 | &nbsp;&nbsp;&nbsp;&nbsp;$901922 |
| Capitec Bank Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;739236 |
| Exxaro Resources Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;75307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;943226 |
| Impala Platinum Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;295294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3420856 |
| Investec Ltd.<br>| &nbsp;&nbsp;&nbsp;244775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1548968 |
| Motus Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;245033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1737458 |
| Nedbank Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;71634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;927654 |
| OUTsurance Group Ltd.<br>| &nbsp;&nbsp;&nbsp;444270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;917219 |
| Redefine Properties Ltd.<br>| 3535398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;817054 |
| Shoprite Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;57262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;791424 |
| Thungela Resources Ltd.<br>| &nbsp;&nbsp;&nbsp;235437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3132180 |
| Woolworths Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;201070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;870044 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;16747241 |
| **Taiwan-32.81%** | **Taiwan-32.81%** | **Taiwan-32.81%** |
| Asia Vital Components Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;462000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1647614 |
| Chailease Holding Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;235000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1778106 |
| Delta Electronics, Inc.<br>| &nbsp;&nbsp;&nbsp;104000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1008383 |
| First Financial Holding Co. Ltd.<br>| 1054100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920131 |
| Formosa Plastics Corp.<br>| &nbsp;&nbsp;&nbsp;302000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;901266 |
| Global Unichip Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;56000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1482481 |
| Great Wall Enterprise Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;824636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1275029 |
| Hua Nan Financial Holdings Co. Ltd.<br>| 1070718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;814716 |
| Kings Town Bank Co. Ltd.<br>| 1389000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1607595 |
| Lite-On Technology Corp.<br>| &nbsp;&nbsp;&nbsp;739000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1640961 |
| Lotes Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;116000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2954053 |
| Micro-Star International Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;890000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3914884 |
| Mitac Holdings Corp.<br>| &nbsp;&nbsp;&nbsp;810000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;834716 |
| Qisda Corp.<br>| 2012000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1905132 |
| Ruentex Development Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;962000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1444453 |
| Sinbon Electronics Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;501000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4819818 |
| SinoPac Financial Holdings Co. Ltd.<br>| 1753060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1014658 |
| Taichung Commercial Bank Co. Ltd.<br>| 1893700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;827664 |
| Taiwan Cooperative Financial Holding Co. Ltd.<br>| 1011420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;894453 |
| Tatung Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;734000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;838699 |
| Topco Scientific Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;743000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4206681 |
| Union Bank of Taiwan<br>| 2259063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1218063 |
| Uni-President Enterprises Corp.<br>| &nbsp;&nbsp;&nbsp;978000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2199970 |
| United Microelectronics Corp.<sup>(b)</sup><br>| 1026000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1675825 |
| Voltronic Power Technology Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;73000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3694572 |
| Walsin Lihwa Corp.<br>| 1594304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2909463 |
| Wistron Corp.<br>| &nbsp;&nbsp;&nbsp;889000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;934683 |
| Wiwynn Corp.<br>| &nbsp;&nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2643479 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;52007548 |
| **Thailand-7.33%** | **Thailand-7.33%** | **Thailand-7.33%** |
| AP (Thailand) PCL, NVDR<br>| 2566698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;925286 |
| Banpu PCL, NVDR<br>| 2834678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000356 |
| Central Plaza Hotel PCL, NVDR<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;607837 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;959669 |
| Com7 PCL, NVDR<br>| 3917544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3733153 |
| Energy Absolute PCL, NVDR<br>| 1164227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3057976 |
| Kiatnakin Phatra Bank PCL, NVDR<br>| &nbsp;&nbsp;&nbsp;414346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;858677 |
| PTT Exploration & Production PCL, NVDR<br>| &nbsp;&nbsp;&nbsp;206637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1078917 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;11614034 |
| **Turkey-7.98%** | **Turkey-7.98%** | **Turkey-7.98%** |
| Akbank T.A.S.<br>| &nbsp;&nbsp;&nbsp;935004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;849743 |
| Arcelik A.S.<br>| &nbsp;&nbsp;&nbsp;184957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1057221 |
| Aselsan Elektronik Sanayi Ve Ticaret A.S.<br>| &nbsp;&nbsp;&nbsp;269719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;817652 |
| Enka Insaat ve Sanayi A.S.<br>| &nbsp;&nbsp;&nbsp;573732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;908494 |
| Ford Otomotiv Sanayi A.S.<br>| &nbsp;&nbsp;&nbsp;&nbsp;49655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1350573 |
| Haci Omer Sabanci Holding A.S.<br>| &nbsp;&nbsp;&nbsp;470017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;978207 |
| KOC Holding A.S.<br>| &nbsp;&nbsp;&nbsp;207076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;843780 |

---

See accompanying notes which are an integral part of this schedule.

------

### Invesco DWA Emerging Markets Momentum ETF (PIE)—(continued)<br>
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Turkey-(continued)** | **Turkey-(continued)** | **Turkey-(continued)** |
| Sasa Polyester Sanayi A.S.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4 |
| Turk Hava Yollari AO<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;330478 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2426335 |
| Turkiye Is Bankasi A.S., Class C<br>| 2086850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1210958 |
| Turkiye Petrol Rafinerileri A.S.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;40698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1279540 |
| Turkiye Sise ve Cam Fabrikalari A.S.<br>| &nbsp;&nbsp;&nbsp;437227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;922295 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12644802 |
| &nbsp;&nbsp;&nbsp;Total Common Stocks & Other Equity Interests<br>(Cost $140,191,870) | &nbsp;&nbsp;&nbsp;Total Common Stocks & Other Equity Interests<br>(Cost $140,191,870) | &nbsp;&nbsp;158441733 |
| **Money Market Funds-0.62%** | **Money Market Funds-0.62%** | **Money Market Funds-0.62%** |
| Invesco Government & Agency Portfolio, Institutional Class, 4.30%<sup>(d)(e)</sup><br>(Cost $991,293)<br>| &nbsp;&nbsp;&nbsp;991293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;991293 |
| TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-100.56%<br>(Cost $141,183,163) | TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-100.56%<br>(Cost $141,183,163) | &nbsp;&nbsp;159433026 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** |
| **Money Market Funds-1.70%** | **Money Market Funds-1.70%** | **Money Market Funds-1.70%** |
| Invesco Private Government Fund, 4.36%<sup>(d)(e)(f)</sup><br>| &nbsp;&nbsp;&nbsp;753644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$753644 |
| Invesco Private Prime Fund, 4.59%<sup>(d)(e)(f)</sup><br>| 1937411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1937993 |
| &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $2,691,639) | &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $2,691,639) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2691637 |
| TOTAL INVESTMENTS IN SECURITIES-102.26%<br>(Cost $143,874,802) | TOTAL INVESTMENTS IN SECURITIES-102.26%<br>(Cost $143,874,802) | &nbsp;&nbsp;162124663 |
| OTHER ASSETS LESS LIABILITIES-(2.26)% | OTHER ASSETS LESS LIABILITIES-(2.26)% | &nbsp;&nbsp;&nbsp;&nbsp;(3587087) |
| NET ASSETS-100.00% | NET ASSETS-100.00% | $158537576 |

---

Investment Abbreviations: <br> NVDR-Non-Voting Depositary Receipt

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2023 was $6,158,880, which represented 3.88% of the Fund's Net Assets. |
| <sup>(b)</sup> | Non-income producing security. |
| <sup>(c)</sup> | All or a portion of this security was out on loan at January 31, 2023. |
| <sup>(d)</sup> | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2023. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> October 31, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$6963436 | &nbsp;&nbsp;&nbsp;$(5972143) | &nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$991293 | &nbsp;&nbsp;&nbsp;$3799 |
| &nbsp;&nbsp;**Investments Purchased with Cash Collateral from Securities on Loan:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Private Government Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;386986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2660801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2294143) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;753644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4,772\* |
| &nbsp;&nbsp;Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp;&nbsp;1036003 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6266809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5365288) | &nbsp;&nbsp;&nbsp;&nbsp;(13) | &nbsp;&nbsp;&nbsp;&nbsp;482 | &nbsp;&nbsp;&nbsp;&nbsp;1937993 | &nbsp;&nbsp;&nbsp;&nbsp;13,115\* |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;&nbsp;$1422989 | &nbsp;&nbsp;&nbsp;$15891046 | &nbsp;&nbsp;&nbsp;$(13631574) | &nbsp;&nbsp;&nbsp;$(13) | &nbsp;&nbsp;&nbsp;$482 | &nbsp;&nbsp;&nbsp;$3682930 | &nbsp;&nbsp;&nbsp;$21686 |

---

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2023. <br> <sup>(f)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

Schedule of Investments<br>

### Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXF)
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks & Other Equity Interests-99.92%** | **Common Stocks & Other Equity Interests-99.92%** | **Common Stocks & Other Equity Interests-99.92%** |
| **Australia-6.36%** | **Australia-6.36%** | **Australia-6.36%** |
| AGL Energy Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;135292 | &nbsp;&nbsp;&nbsp;&nbsp;$729301 |
| AMP Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;370149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;348202 |
| Ampol Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;17561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377294 |
| ANZ Group Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;138663 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2451516 |
| APA Group<br>| &nbsp;&nbsp;&nbsp;&nbsp;68324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;508406 |
| Aristocrat Leisure Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;17640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;422124 |
| ASX Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297333 |
| Aurizon Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;188197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489342 |
| Bank of Queensland Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;60344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296374 |
| Bendigo & Adelaide Bank Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;39487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279915 |
| BHP Group Ltd.<br>| &nbsp;&nbsp;&nbsp;383818 | &nbsp;&nbsp;&nbsp;&nbsp;13355187 |
| BlueScope Steel Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;51652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;697359 |
| Brambles Ltd.<br>| &nbsp;&nbsp;&nbsp;122862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1038031 |
| Coles Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;73743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;922863 |
| Commonwealth Bank of Australia<br>| &nbsp;&nbsp;&nbsp;&nbsp;64506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5002685 |
| CSL Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1940579 |
| Dexus<br>| &nbsp;&nbsp;&nbsp;&nbsp;71600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411192 |
| Endeavour Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;77967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364249 |
| Evolution Mining Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;94079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212137 |
| Fortescue Metals Group Ltd.<br>| &nbsp;&nbsp;&nbsp;126156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1977043 |
| Glencore PLC<br>| 1493214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9948865 |
| Goodman Group<br>| &nbsp;&nbsp;&nbsp;&nbsp;46583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;655510 |
| GPT Group (The)<br>| &nbsp;&nbsp;&nbsp;134494 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;431209 |
| Incitec Pivot Ltd.<br>| &nbsp;&nbsp;&nbsp;185871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450551 |
| Insurance Australia Group Ltd.<br>| &nbsp;&nbsp;&nbsp;189337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;653740 |
| James Hardie Industries PLC, CDI<br>| &nbsp;&nbsp;&nbsp;&nbsp;12561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278367 |
| JB Hi-Fi Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307807 |
| Lendlease Corp. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;37454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226707 |
| Lottery Corp. Ltd. (The)<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;137963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456914 |
| Macquarie Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;17555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2317421 |
| Medibank Pvt. Ltd.<br>| &nbsp;&nbsp;&nbsp;184919 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383091 |
| Metcash Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;95852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282326 |
| Mirvac Group<br>| &nbsp;&nbsp;&nbsp;301605 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;482434 |
| National Australia Bank Ltd.<br>| &nbsp;&nbsp;&nbsp;126759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2839506 |
| Newcrest Mining Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;55580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;873759 |
| Orica Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;27097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282399 |
| Origin Energy Ltd.<br>| &nbsp;&nbsp;&nbsp;153450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;807720 |
| Qantas Airways Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;100122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;447293 |
| QBE Insurance Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;90165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;872968 |
| Ramsay Health Care Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;11993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;562997 |
| Rio Tinto Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;37180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3317828 |
| Rio Tinto PLC<br>| &nbsp;&nbsp;&nbsp;104977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8166505 |
| Santos Ltd.<br>| &nbsp;&nbsp;&nbsp;133971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;671203 |
| Scentre Group<br>| &nbsp;&nbsp;&nbsp;323858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;696030 |
| Sonic Healthcare Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;27035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;601606 |
| South32 Ltd.<br>| &nbsp;&nbsp;&nbsp;363000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1161277 |
| Stockland<br>| &nbsp;&nbsp;&nbsp;189309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;524249 |
| Suncorp Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;75173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;663722 |
| Tabcorp Holdings Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;137963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102076 |
| Telstra Group Ltd.<br>| &nbsp;&nbsp;&nbsp;543651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1562982 |
| Transurban Group<br>| &nbsp;&nbsp;&nbsp;129771 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1262830 |
| Treasury Wine Estates Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;37091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379497 |
| Vicinity Ltd.<br>| &nbsp;&nbsp;&nbsp;308264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;447470 |
| Wesfarmers Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;55548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1943396 |
| Westpac Banking Corp.<br>| &nbsp;&nbsp;&nbsp;203962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3409082 |
| Whitehaven Coal Ltd.<br>| &nbsp;&nbsp;&nbsp;129578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;766980 |
| Woodside Energy Group Ltd.<br>| &nbsp;&nbsp;&nbsp;152573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3898334 |
| Woolworths Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;69475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1766317 |
| Worley Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;38666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420951 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;87445051 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Austria-0.39%** | **Austria-0.39%** | **Austria-0.39%** |
| ams-OSRAM AG<sup>(b)</sup><br>| &nbsp;&nbsp;16922 | &nbsp;&nbsp;&nbsp;&nbsp;$156336 |
| ANDRITZ AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;6750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;401730 |
| BAWAG Group AG<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;8918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;548678 |
| Erste Group Bank AG<br>| &nbsp;&nbsp;36501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1377557 |
| Mondi PLC<sup>(a)</sup><br>| &nbsp;&nbsp;48456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;908534 |
| OMV AG<br>| &nbsp;&nbsp;19480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;970015 |
| Raiffeisen Bank International AG<sup>(b)</sup><br>| &nbsp;&nbsp;21691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387757 |
| voestalpine AG<br>| &nbsp;&nbsp;11864 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391701 |
| Wienerberger AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;8882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265273 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5407581 |
| **Belgium-0.94%** | **Belgium-0.94%** | **Belgium-0.94%** |
| Ageas S.A./N.V.<br>| &nbsp;&nbsp;23748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1154429 |
| Anheuser-Busch InBev S.A./N.V.<br>| &nbsp;&nbsp;89735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5368892 |
| Cofinimmo S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1978 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179268 |
| Elia Group S.A./N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1961 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274311 |
| Etablissements Franz Colruyt N.V.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;8239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217346 |
| Euronav N.V.<sup>(a)</sup><br>| &nbsp;&nbsp;26187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411533 |
| Groupe Bruxelles Lambert N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;559043 |
| KBC Group N.V.<sup>(a)</sup><br>| &nbsp;&nbsp;25265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1862015 |
| Proximus SADP<sup>(a)</sup><br>| &nbsp;&nbsp;26633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272240 |
| Sofina S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187642 |
| Solvay S.A., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;7837 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;907738 |
| Telenet Group Holding N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132421 |
| UCB S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;590175 |
| Umicore S.A.<br>| &nbsp;&nbsp;20377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;766378 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;12883431 |
| **Brazil-0.10%** | **Brazil-0.10%** | **Brazil-0.10%** |
| Wheaton Precious Metals Corp.<br>| &nbsp;&nbsp;11589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;528403 |
| Yara International ASA<br>| &nbsp;&nbsp;20080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;888580 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1416983 |
| **Canada-9.35%** | **Canada-9.35%** | **Canada-9.35%** |
| Agnico Eagle Mines Ltd.<br>| &nbsp;&nbsp;18971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1068296 |
| Air Canada<sup>(b)</sup><br>| &nbsp;&nbsp;23517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397957 |
| Algonquin Power & Utilities Corp.<br>| &nbsp;&nbsp;42494 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308908 |
| Alimentation Couche-Tard, Inc.<br>| &nbsp;&nbsp;57721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2628342 |
| Allied Properties REIT<br>| &nbsp;&nbsp;10301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229126 |
| AltaGas Ltd.<br>| &nbsp;&nbsp;28897 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538807 |
| ARC Resources Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;30049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;348153 |
| Atco Ltd., Class I<br>| &nbsp;&nbsp;11025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349832 |
| B2Gold Corp.<br>| &nbsp;&nbsp;62443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246618 |
| Bank of Montreal<sup>(a)</sup><br>| &nbsp;&nbsp;48849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4901923 |
| Bank of Nova Scotia (The)<br>| 113149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6107935 |
| Barrick Gold Corp.<br>| 105782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2062763 |
| BCE, Inc.<br>| &nbsp;&nbsp;29005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1367268 |
| Bombardier, Inc., Class B<sup>(b)</sup><br>| &nbsp;&nbsp;14740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;709964 |
| Brookfield Asset Management Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;23224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;756061 |
| Brookfield Corp.<br>| &nbsp;&nbsp;92897 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3446173 |
| CAE, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;12510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281729 |
| Cameco Corp.<br>| &nbsp;&nbsp;15614 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;435650 |
| Canadian Apartment Properties REIT<sup>(a)</sup><br>| &nbsp;&nbsp;12165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;448547 |
| Canadian Imperial Bank of Commerce<br>| &nbsp;&nbsp;73180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3331175 |
| Canadian National Railway Co.<br>| &nbsp;&nbsp;20896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2480240 |
| Canadian Natural Resources Ltd.<br>| &nbsp;&nbsp;71651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4385459 |
| Canadian Pacific Railway Ltd.<br>| &nbsp;&nbsp;16944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1333577 |
| Canadian Tire Corp. Ltd., Class A<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;5469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;648402 |
| Canadian Utilities Ltd., Class A<sup>(a)</sup><br>| &nbsp;&nbsp;14020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;388548 |
| Capital Power Corp.<br>| &nbsp;&nbsp;10878 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364489 |
| CCL Industries, Inc., Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;7438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346886 |
| Cenovus Energy, Inc.<br>| &nbsp;&nbsp;53412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1063957 |
| CGI, Inc., Class A<sup>(b)</sup><br>| &nbsp;&nbsp;11679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;998144 |

---

See accompanying notes which are an integral part of this schedule.

------

### Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXF)—(continued)<br>
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Canada-(continued)** | **Canada-(continued)** | **Canada-(continued)** |
| CI Financial Corp.<br>| &nbsp;&nbsp;22887 | &nbsp;&nbsp;&nbsp;&nbsp;$272205 |
| Constellation Software, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399914 |
| Crescent Point Energy Corp.<br>| &nbsp;&nbsp;51396 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;382865 |
| Dollarama, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321953 |
| Element Fleet Management Corp.<br>| &nbsp;&nbsp;29297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;412773 |
| Emera, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;23588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;936555 |
| Empire Co. Ltd., Class A<br>| &nbsp;&nbsp;16707 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;479418 |
| Enbridge, Inc.<sup>(a)</sup><br>| 182929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7468784 |
| Fairfax Financial Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2045142 |
| Finning International, Inc.<br>| &nbsp;&nbsp;14480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;407374 |
| First Capital REIT<br>| &nbsp;&nbsp;21101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283856 |
| Fortis, Inc.<br>| &nbsp;&nbsp;40705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1667735 |
| Franco-Nevada Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492624 |
| George Weston Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6893 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;884232 |
| Gibson Energy, Inc.<br>| &nbsp;&nbsp;14085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251542 |
| Gildan Activewear, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251442 |
| Great-West Lifeco, Inc.<br>| &nbsp;&nbsp;34097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;901775 |
| H&R REIT<br>| &nbsp;&nbsp;44219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;431138 |
| Hydro One Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;26851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;732071 |
| iA Financial Corp., Inc.<br>| &nbsp;&nbsp;10221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;629108 |
| IAMGOLD Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;88354 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247644 |
| IGM Financial, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242050 |
| Imperial Oil Ltd.<br>| &nbsp;&nbsp;15667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;853827 |
| Intact Financial Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;818499 |
| Keyera Corp.<br>| &nbsp;&nbsp;23011 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;523389 |
| Kinross Gold Corp.<br>| 157922 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;732594 |
| Linamar Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326930 |
| Loblaw Cos. Ltd.<br>| &nbsp;&nbsp;14380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1284593 |
| Magna International, Inc.<br>| &nbsp;&nbsp;35732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2313134 |
| Manulife Financial Corp.<br>| 260102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5132451 |
| MEG Energy Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;25987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;428264 |
| Methanex Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281495 |
| Metro, Inc.<br>| &nbsp;&nbsp;15815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;855967 |
| National Bank of Canada<br>| &nbsp;&nbsp;22393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1677356 |
| Northland Power, Inc.<br>| &nbsp;&nbsp;12244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327950 |
| Nutrien Ltd.<br>| &nbsp;&nbsp;37765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3117201 |
| Onex Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330257 |
| Open Text Corp.<br>| &nbsp;&nbsp;13208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;441768 |
| Parkland Corp.<br>| &nbsp;&nbsp;18852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;441648 |
| Pembina Pipeline Corp.<br>| &nbsp;&nbsp;46868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1658214 |
| Power Corp. of Canada<br>| &nbsp;&nbsp;65711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1777277 |
| Quebecor, Inc., Class B<br>| &nbsp;&nbsp;14090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333256 |
| Restaurant Brands International, Inc.<br>| &nbsp;&nbsp;12034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;802928 |
| RioCan REIT<br>| &nbsp;&nbsp;30480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;527207 |
| Rogers Communications, Inc., Class B<br>| &nbsp;&nbsp;30095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1459022 |
| Royal Bank of Canada<sup>(a)</sup><br>| &nbsp;&nbsp;99008 | &nbsp;&nbsp;&nbsp;&nbsp;10102993 |
| Saputo, Inc.<br>| &nbsp;&nbsp;21877 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;601378 |
| Shaw Communications, Inc., Class B<br>| &nbsp;&nbsp;32608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;967720 |
| Shopify, Inc., Class A<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;5022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246781 |
| SmartCentres REIT<br>| &nbsp;&nbsp;12095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255614 |
| SNC-Lavalin Group, Inc.<br>| &nbsp;&nbsp;16782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359071 |
| SSR Mining, Inc.<br>| &nbsp;&nbsp;14600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245968 |
| Stantec, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258394 |
| Sun Life Financial, Inc.<br>| &nbsp;&nbsp;55921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2802022 |
| Suncor Energy, Inc.<br>| 173848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6016638 |
| TC Energy Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;78440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3370154 |
| Teck Resources Ltd., Class B<br>| &nbsp;&nbsp;40454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1745069 |
| TELUS Corp.<br>| &nbsp;&nbsp;33014 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;709343 |
| TFI International, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375598 |
| Thomson Reuters Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;784787 |
| TMX Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288943 |
| Toronto-Dominion Bank (The)<br>| 124613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8597349 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Canada-(continued)** | **Canada-(continued)** | **Canada-(continued)** |
| Tourmaline Oil Corp.<br>| &nbsp;&nbsp;12088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$561754 |
| Vermilion Energy, Inc.<br>| &nbsp;&nbsp;20298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310323 |
| West Fraser Timber Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347673 |
| WSP Global, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4699 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597539 |
| Yamana Gold, Inc.<br>| &nbsp;&nbsp;74782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450031 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;128557498 |
| **Chile-0.06%** | **Chile-0.06%** | **Chile-0.06%** |
| Antofagasta PLC<sup>(a)</sup><br>| &nbsp;&nbsp;23925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;510292 |
| Lundin Mining Corp.<br>| &nbsp;&nbsp;43641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329348 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;839640 |
| **China-0.27%** | **China-0.27%** | **China-0.27%** |
| AAC Technologies Holdings, Inc.<sup>(b)</sup><br>| 102424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271788 |
| BOC Hong Kong Holdings Ltd.<br>| 330182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1152060 |
| Lenovo Group Ltd.<br>| 814328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;651375 |
| Prosus N.V.<sup>(b)</sup><br>| &nbsp;&nbsp;11855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950442 |
| Tingyi Cayman Islands Holding Corp.<br>| 106626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177108 |
| Wilmar International Ltd.<br>| 103617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320859 |
| Xinyi Glass Holdings Ltd.<br>| 114491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243338 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3766970 |
| **Denmark-1.15%** | **Denmark-1.15%** | **Denmark-1.15%** |
| AP Moller - Maersk A/S, Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550761 |
| AP Moller - Maersk A/S, Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;735365 |
| Carlsberg A/S, Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;5785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;817187 |
| Chr. Hansen Holding A/S<br>| &nbsp;&nbsp;&nbsp;&nbsp;3703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272246 |
| Coloplast A/S, Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;3659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;439413 |
| Danske Bank A/S<br>| &nbsp;&nbsp;93502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1939711 |
| DSV A/S<br>| &nbsp;&nbsp;&nbsp;&nbsp;4807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790196 |
| Genmab A/S<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314018 |
| ISS A/S<sup>(b)</sup><br>| &nbsp;&nbsp;24103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;524300 |
| Jyske Bank A/S<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460528 |
| Novo Nordisk A/S, Class B<br>| &nbsp;&nbsp;39743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5471349 |
| Novozymes A/S, Class B<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316518 |
| Orsted A/S<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;9342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;825120 |
| Pandora A/S<br>| &nbsp;&nbsp;&nbsp;&nbsp;5890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;486692 |
| Tryg A/S<br>| &nbsp;&nbsp;13416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306520 |
| Vestas Wind Systems A/S<sup>(a)</sup><br>| &nbsp;&nbsp;51670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1499454 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15749378 |
| **Finland-1.34%** | **Finland-1.34%** | **Finland-1.34%** |
| Elisa OYJ<br>| &nbsp;&nbsp;&nbsp;&nbsp;9140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;519950 |
| Fortum OYJ<br>| &nbsp;&nbsp;52517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;787954 |
| Huhtamaki OYJ<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;7398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275748 |
| Kesko OYJ, Class B<br>| &nbsp;&nbsp;22322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;518069 |
| Kone OYJ, Class B<br>| &nbsp;&nbsp;23205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1261098 |
| Neste OYJ<br>| &nbsp;&nbsp;24825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1181710 |
| Nokia OYJ<br>| 431985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2041539 |
| Nokian Renkaat OYJ<br>| &nbsp;&nbsp;16113 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192145 |
| Nordea Bank Abp<br>| 475469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5541826 |
| Orion OYJ, Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;5606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299488 |
| Outokumpu OYJ<sup>(a)</sup><br>| &nbsp;&nbsp;60279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;343435 |
| Sampo OYJ, Class A<br>| &nbsp;&nbsp;43623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2282139 |
| Stora Enso OYJ, Class R<br>| &nbsp;&nbsp;51772 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;736293 |
| UPM-Kymmene OYJ<br>| &nbsp;&nbsp;45204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1632370 |
| Valmet OYJ<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;9262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289397 |
| Wartsila OYJ Abp<sup>(a)</sup><br>| &nbsp;&nbsp;50813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;481217 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18384378 |
| **France-10.10%** | **France-10.10%** | **France-10.10%** |
| Accor S.A.<sup>(b)</sup><br>| &nbsp;&nbsp;10374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335409 |
| Aeroports de Paris<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266805 |
| Air France-KLM<sup>(a)(b)</sup><br>| 325350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;546981 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **France-(continued)** | **France-(continued)** | **France-(continued)** |
| Air Liquide S.A.<br>| &nbsp;&nbsp;28022 | &nbsp;&nbsp;$4445089 |
| Airbus SE<br>| &nbsp;&nbsp;25384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3165944 |
| Alstom S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;34454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1017791 |
| Amundi S.A.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;5230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340803 |
| Arkema S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;656435 |
| Atos SE<sup>(a)(b)</sup><br>| &nbsp;&nbsp;26182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342926 |
| AXA S.A.<br>| 236079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7336706 |
| BNP Paribas S.A.<br>| 153780 | &nbsp;&nbsp;&nbsp;&nbsp;10505108 |
| Bollore SE<br>| &nbsp;&nbsp;50951 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283870 |
| Bouygues S.A.<br>| &nbsp;&nbsp;42234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1387056 |
| Bureau Veritas S.A.<br>| &nbsp;&nbsp;14908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;424848 |
| Capgemini SE<br>| &nbsp;&nbsp;&nbsp;&nbsp;6891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1301463 |
| Carrefour S.A.<sup>(a)</sup><br>| 133574 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2534340 |
| CGG S.A.<sup>(a)(b)</sup><br>| 305321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256786 |
| Cie de Saint-Gobain<br>| &nbsp;&nbsp;55583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3172230 |
| Cie Generale des Etablissements Michelin S.C.A.<br>| &nbsp;&nbsp;78740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2476105 |
| Covivio<br>| &nbsp;&nbsp;&nbsp;&nbsp;4160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284406 |
| Credit Agricole S.A.<br>| 223392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2677499 |
| Danone S.A.<br>| &nbsp;&nbsp;56899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3108916 |
| Dassault Systemes SE<br>| &nbsp;&nbsp;&nbsp;&nbsp;9150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338467 |
| Edenred<br>| &nbsp;&nbsp;&nbsp;&nbsp;9070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492425 |
| Eiffage S.A.<br>| &nbsp;&nbsp;10418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1108366 |
| Elis S.A.<br>| &nbsp;&nbsp;17890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312814 |
| ENGIE S.A.<br>| 242085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3423173 |
| EssilorLuxottica S.A.<br>| &nbsp;&nbsp;11554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2106847 |
| Eurazeo SE<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4146 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289303 |
| Euroapi S.A.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66948 |
| Eutelsat Communications S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;27060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206308 |
| Faurecia SE<sup>(b)</sup><br>| &nbsp;&nbsp;32010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;630628 |
| Gecina S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;563188 |
| Getlink SE<br>| &nbsp;&nbsp;20404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;344141 |
| Hermes International<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;741089 |
| Kering S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2383 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1476487 |
| Klepierre S.A.<br>| &nbsp;&nbsp;24788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;626183 |
| Legrand S.A.<br>| &nbsp;&nbsp;12291 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1090851 |
| L'Oreal S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2668369 |
| LVMH Moet Hennessy Louis Vuitton SE<br>| &nbsp;&nbsp;&nbsp;&nbsp;6154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5346844 |
| Orange S.A.<br>| 352626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3723231 |
| Orpea S.A.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;9189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71056 |
| Pernod Ricard S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1662096 |
| Publicis Groupe S.A.<br>| &nbsp;&nbsp;20905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1469850 |
| Renault S.A.<sup>(b)</sup><br>| &nbsp;&nbsp;66849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2703676 |
| Rexel S.A.<sup>(b)</sup><br>| &nbsp;&nbsp;36521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;803586 |
| Rubis S.C.A.<br>| &nbsp;&nbsp;11981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334017 |
| Safran S.A.<br>| &nbsp;&nbsp;18800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2691059 |
| Sanofi<br>| &nbsp;&nbsp;96127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9361438 |
| Schneider Electric SE<br>| &nbsp;&nbsp;27438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4419796 |
| SCOR SE<br>| &nbsp;&nbsp;24060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;591592 |
| SEB S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245151 |
| Societe Generale S.A.<br>| 175038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5185931 |
| Sodexo S.A.<br>| &nbsp;&nbsp;10498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1037752 |
| SPIE S.A.<br>| &nbsp;&nbsp;12901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350839 |
| Technip Energies N.V.<br>| &nbsp;&nbsp;23793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460088 |
| Teleperformance<br>| &nbsp;&nbsp;&nbsp;&nbsp;1695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;469418 |
| Thales S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1107247 |
| TotalEnergies SE<sup>(a)</sup><br>| 373647 | &nbsp;&nbsp;&nbsp;&nbsp;23122456 |
| Ubisoft Entertainment S.A.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131577 |
| Unibail-Rodamco-Westfield SE<sup>(a)(b)</sup><br>| &nbsp;&nbsp;18276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1174445 |
| Valeo<br>| &nbsp;&nbsp;46690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1013393 |
| Veolia Environnement S.A.<br>| &nbsp;&nbsp;65792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1942104 |
| Vinci S.A.<br>| &nbsp;&nbsp;44112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4965171 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **France-(continued)** | **France-(continued)** | **France-(continued)** |
| Vivendi SE<br>| &nbsp;&nbsp;34319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$367429 |
| Worldline S.A.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;15186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;685109 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;138789454 |
| **Germany-9.24%** | **Germany-9.24%** | **Germany-9.24%** |
| Aareal Bank AG<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;9491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337680 |
| adidas AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;8479 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1357167 |
| Allianz SE<br>| &nbsp;&nbsp;48197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11473887 |
| Aroundtown S.A.<sup>(a)</sup><br>| 124688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345179 |
| Aurubis AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;4554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478167 |
| BASF SE<br>| 124910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7108509 |
| Bayer AG<br>| 114102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7063470 |
| Bayerische Motoren Werke AG<br>| &nbsp;&nbsp;53041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5370533 |
| Bayerische Motoren Werke AG, Preference Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;9242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;870734 |
| Beiersdorf AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;4069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;493176 |
| Brenntag SE<br>| &nbsp;&nbsp;11869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;881183 |
| Commerzbank AG<sup>(b)</sup><br>| 219460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2494277 |
| Continental AG<br>| &nbsp;&nbsp;20425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1426784 |
| Covestro AG<sup>(c)</sup><br>| &nbsp;&nbsp;26364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1206007 |
| Daimler Truck Holding AG<sup>(b)</sup><br>| &nbsp;&nbsp;55845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1866216 |
| Deutsche Bank AG<br>| 348164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4616134 |
| Deutsche Boerse AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;7396 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1319327 |
| Deutsche Lufthansa AG<sup>(b)</sup><br>| 128669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1357025 |
| Deutsche Post AG<br>| &nbsp;&nbsp;91442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3910853 |
| Deutsche Telekom AG<br>| 413848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9191453 |
| E.ON SE<br>| 241791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2622296 |
| Evonik Industries AG<br>| &nbsp;&nbsp;24764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;547581 |
| Freenet AG<br>| &nbsp;&nbsp;17264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418116 |
| Fresenius Medical Care AG & Co. KGaA<br>| &nbsp;&nbsp;24627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;919801 |
| Fresenius SE & Co. KGaA<br>| &nbsp;&nbsp;59570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1716386 |
| GEA Group AG<br>| &nbsp;&nbsp;10828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;486266 |
| Hannover Rueck SE<br>| &nbsp;&nbsp;&nbsp;&nbsp;4394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;888566 |
| HeidelbergCement AG<br>| &nbsp;&nbsp;24611 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1678568 |
| Henkel AG & Co. KGaA<br>| &nbsp;&nbsp;&nbsp;&nbsp;9587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;638253 |
| Henkel AG & Co. KGaA, Preference Shares<br>| &nbsp;&nbsp;16473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1170039 |
| HOCHTIEF AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;4450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280696 |
| HUGO BOSS AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;4236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286244 |
| Infineon Technologies AG<br>| &nbsp;&nbsp;42872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1532560 |
| K+S AG<br>| &nbsp;&nbsp;16997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405373 |
| KION Group AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;6219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249025 |
| Knorr-Bremse AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;4373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285718 |
| Lanxess AG<br>| &nbsp;&nbsp;12522 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;620410 |
| LEG Immobilien SE<br>| &nbsp;&nbsp;&nbsp;&nbsp;5222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405956 |
| Mercedes-Benz Group AG<br>| 125134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9261711 |
| Merck KGaA<br>| &nbsp;&nbsp;&nbsp;&nbsp;4524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;938684 |
| MTU Aero Engines AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;2400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;596372 |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, Class R<br>| &nbsp;&nbsp;14863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5342992 |
| Porsche Automobil Holding SE, Preference Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;9855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;586098 |
| ProSiebenSat.1 Media SE<br>| &nbsp;&nbsp;31202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319215 |
| Puma SE<br>| &nbsp;&nbsp;&nbsp;&nbsp;2795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189294 |
| Rheinmetall AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;5346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1242490 |
| RWE AG<br>| &nbsp;&nbsp;59238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2624887 |
| Salzgitter AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;8588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;348270 |
| SAP SE<br>| &nbsp;&nbsp;50529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5947574 |
| Siemens AG<br>| &nbsp;&nbsp;54368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8437730 |
| Siemens Energy AG<sup>(a)</sup><br>| &nbsp;&nbsp;81836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1699348 |
| Siemens Healthineers AG<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;9451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;503667 |
| Symrise AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;4245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449410 |
| TAG Immobilien AG<br>| &nbsp;&nbsp;11317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96544 |
| Telefonica Deutschland Holding AG<br>| 143280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420768 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Germany-(continued)** | **Germany-(continued)** | **Germany-(continued)** |
| thyssenkrupp AG<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;128341 | &nbsp;&nbsp;&nbsp;&nbsp;$1001062 |
| TUI AG<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;222375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;462391 |
| United Internet AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;10160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234920 |
| Volkswagen AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1141396 |
| Volkswagen AG, Preference Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;37269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5138025 |
| Vonovia SE<br>| &nbsp;&nbsp;&nbsp;&nbsp;47930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1346647 |
| Zalando SE<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;309121 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;126958231 |
| **Hong Kong-1.32%** | **Hong Kong-1.32%** | **Hong Kong-1.32%** |
| AIA Group Ltd.<br>| &nbsp;&nbsp;&nbsp;491546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5552863 |
| CK Asset Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;108143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;691195 |
| CK Hutchison Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;103652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;658524 |
| CLP Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;61837 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459130 |
| Hang Seng Bank Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;31167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;518486 |
| Henderson Land Development Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;62666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231443 |
| Hong Kong & China Gas Co. Ltd. (The)<br>| &nbsp;&nbsp;&nbsp;328491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329390 |
| Hong Kong Exchanges & Clearing Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;19105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;858909 |
| Hongkong Land Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;48798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237646 |
| Jardine Matheson Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291928 |
| Link REIT<br>| &nbsp;&nbsp;&nbsp;120811 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;966359 |
| MTR Corp. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;63342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338587 |
| New World Development Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;79333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236829 |
| Power Assets Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;43443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245521 |
| Prudential PLC<br>| &nbsp;&nbsp;&nbsp;246118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4058633 |
| Sun Hung Kai Properties Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;93686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1327862 |
| Techtronic Industries Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;29951 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384391 |
| WH Group Ltd.<br>| &nbsp;&nbsp;&nbsp;642422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395031 |
| Wharf Real Estate Investment Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;64705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369811 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18152538 |
| **Ireland-0.52%** | **Ireland-0.52%** | **Ireland-0.52%** |
| Bank of Ireland Group PLC<br>| &nbsp;&nbsp;&nbsp;116322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1236281 |
| CRH PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;72502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3350272 |
| Flutter Entertainment PLC<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;942778 |
| Kerry Group PLC, Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5888 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;549558 |
| Kingspan Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258568 |
| Smurfit Kappa Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;20314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;848291 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7185748 |
| **Israel-0.32%** | **Israel-0.32%** | **Israel-0.32%** |
| Bank Hapoalim BM<br>| &nbsp;&nbsp;&nbsp;&nbsp;80835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;722859 |
| Bank Leumi Le-Israel BM<br>| &nbsp;&nbsp;&nbsp;&nbsp;91061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;799282 |
| Bezeq The Israeli Telecommunication Corp. Ltd.<br>| &nbsp;&nbsp;&nbsp;176347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291152 |
| ICL Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;38679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304466 |
| Israel Discount Bank Ltd., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;71386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;362358 |
| Mizrahi Tefahot Bank Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7819 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256602 |
| Teva Pharmaceutical Industries Ltd.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;157169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1662454 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4399173 |
| **Italy-3.19%** | **Italy-3.19%** | **Italy-3.19%** |
| A2A S.p.A.<br>| &nbsp;&nbsp;&nbsp;252667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;378410 |
| Assicurazioni Generali S.p.A.<br>| &nbsp;&nbsp;&nbsp;175686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3415389 |
| Azimut Holding S.p.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;11022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273884 |
| Banco BPM S.p.A.<br>| &nbsp;&nbsp;&nbsp;276033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1237216 |
| BPER Banca<br>| &nbsp;&nbsp;&nbsp;212979 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;582197 |
| Coca-Cola HBC AG<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;14851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;358623 |
| Enel S.p.A.<br>| 1172810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6866683 |
| Eni S.p.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;466076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7155390 |
| Ferrari N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;493465 |
| FinecoBank Banca Fineco S.p.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;18744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334871 |
| Hera S.p.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;102108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291763 |
| Intesa Sanpaolo S.p.A.<sup>(a)</sup><br>| 2615410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6845526 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Italy-(continued)** | **Italy-(continued)** | **Italy-(continued)** |
| Italgas S.p.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;52823 | &nbsp;&nbsp;&nbsp;&nbsp;$307782 |
| Leonardo S.p.A.<br>| &nbsp;&nbsp;&nbsp;109210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1121316 |
| Mediobanca Banca di Credito Finanziario S.p.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;78011 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;835039 |
| Moncler S.p.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261223 |
| Pirelli & C. S.p.A.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;54737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272625 |
| Poste Italiane S.p.A.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;65185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;692792 |
| Prysmian S.p.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;23139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;939867 |
| Saipem S.p.A.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;146523 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223580 |
| Snam S.p.A.<br>| &nbsp;&nbsp;&nbsp;197826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1004204 |
| Telecom Italia S.p.A.<sup>(a)(b)</sup><br>| 3677332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1053955 |
| Telecom Italia S.p.A., RSP<sup>(b)</sup><br>| 2047971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;569395 |
| Terna Rete Elettrica Nazionale S.p.A.<br>| &nbsp;&nbsp;&nbsp;102001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;803364 |
| UniCredit S.p.A.<br>| &nbsp;&nbsp;&nbsp;365139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7092068 |
| Unipol Gruppo S.p.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;80316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418691 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;43829318 |
| **Japan-19.08%** | **Japan-19.08%** | **Japan-19.08%** |
| Advantest Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4984 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352592 |
| Aeon Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;56933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1163439 |
| AGC, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;26049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;954466 |
| Aisin Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;18165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;528000 |
| Ajinomoto Co., Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;30056 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;987576 |
| Alps Alpine Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;50352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;512251 |
| Amada Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;32493 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290337 |
| ANA Holdings, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;19504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;430364 |
| Aozora Bank Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;15595 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;311073 |
| Asahi Group Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;36826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1212572 |
| Asahi Kasei Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;86716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;655079 |
| Astellas Pharma, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;86755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1275858 |
| Bandai Namco Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;10823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720396 |
| Bridgestone Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;35537 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1321246 |
| Brother Industries Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;16368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252987 |
| Canon, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;105072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2337447 |
| Casio Computer Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;24655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252911 |
| Central Japan Railway Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;14453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1760433 |
| Chiba Bank Ltd. (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;50938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384253 |
| Chubu Electric Power Co., Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;46531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500214 |
| Chugai Pharmaceutical Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;16542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;427145 |
| COMSYS Holdings Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;12491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237535 |
| Concordia Financial Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;79170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347010 |
| Credit Saison Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;22134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289004 |
| Dai Nippon Printing Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;15857 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373120 |
| Daifuku Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224675 |
| Dai-ichi Life Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;97744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2285667 |
| Daiichi Sankyo Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;66182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2068235 |
| Daikin Industries Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;11650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2012961 |
| Daito Trust Construction Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5537 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545844 |
| Daiwa House Industry Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;34526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;825948 |
| Daiwa House REIT Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267480 |
| Daiwa Securities Group, Inc.<br>| &nbsp;&nbsp;&nbsp;144066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;677984 |
| Denso Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;39254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2104494 |
| Dentsu Group, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;16420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525889 |
| Disco Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279139 |
| Dowa Holdings Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239676 |
| East Japan Railway Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;33715 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1877016 |
| Ebara Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;351978 |
| Eisai Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;19324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1190541 |
| Electric Power Development Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;20994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338048 |
| ENEOS Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;386488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1376610 |
| FANUC Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9879 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1740001 |
| Fast Retailing Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1031771 |
| Fuji Electric Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;11115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;446156 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Japan-(continued)** | **Japan-(continued)** | **Japan-(continued)** |
| FUJIFILM Holdings Corp.<br>| &nbsp;&nbsp;24848 | &nbsp;&nbsp;$1306170 |
| Fujitsu Ltd.<br>| &nbsp;&nbsp;14423 | &nbsp;&nbsp;&nbsp;&nbsp;2052903 |
| Fukuoka Financial Group, Inc.<br>| &nbsp;&nbsp;15175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349254 |
| GLP J-Reit<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248176 |
| Hankyu Hanshin Holdings, Inc.<br>| &nbsp;&nbsp;12101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;358717 |
| Hino Motors Ltd.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;40288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171320 |
| Hirose Electric Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234891 |
| Hitachi Construction Machinery Co. Ltd.<br>| &nbsp;&nbsp;13922 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325983 |
| Hitachi Ltd.<br>| &nbsp;&nbsp;88454 | &nbsp;&nbsp;&nbsp;&nbsp;4612980 |
| Honda Motor Co. Ltd.<br>| 121067 | &nbsp;&nbsp;&nbsp;&nbsp;2985596 |
| Hoya Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;818511 |
| Hulic Co. Ltd.<br>| &nbsp;&nbsp;35653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291705 |
| Ibiden Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211541 |
| Idemitsu Kosan Co. Ltd.<br>| &nbsp;&nbsp;25752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;638627 |
| IHI Corp.<br>| &nbsp;&nbsp;27345 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;826374 |
| Iida Group Holdings Co. Ltd.<br>| &nbsp;&nbsp;15541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258130 |
| Inpex Corp.<br>| 154857 | &nbsp;&nbsp;&nbsp;&nbsp;1690930 |
| Isetan Mitsukoshi Holdings Ltd.<br>| &nbsp;&nbsp;56022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;607844 |
| Isuzu Motors Ltd.<br>| &nbsp;&nbsp;54969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;691102 |
| ITOCHU Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;69670 | &nbsp;&nbsp;&nbsp;&nbsp;2240990 |
| J. Front Retailing Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;42430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394136 |
| Japan Airlines Co. Ltd.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;20830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440482 |
| Japan Exchange Group, Inc.<br>| &nbsp;&nbsp;29999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456519 |
| Japan Metropolitan Fund Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;362498 |
| Japan Post Bank Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;85494 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;758661 |
| Japan Post Holdings Co. Ltd.<br>| 395362 | &nbsp;&nbsp;&nbsp;&nbsp;3465821 |
| Japan Post Insurance Co. Ltd.<br>| &nbsp;&nbsp;26827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;477355 |
| Japan Real Estate Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;389765 |
| Japan Tobacco, Inc.<br>| 134493 | &nbsp;&nbsp;&nbsp;&nbsp;2745810 |
| JFE Holdings, Inc.<br>| 140337 | &nbsp;&nbsp;&nbsp;&nbsp;1842095 |
| JGC Holdings Corp.<br>| &nbsp;&nbsp;31972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415738 |
| JSR Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;12112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270097 |
| JTEKT Corp.<br>| &nbsp;&nbsp;29809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;219823 |
| Kajima Corp.<br>| &nbsp;&nbsp;28254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346318 |
| Kansai Electric Power Co., Inc. (The)<br>| &nbsp;&nbsp;50596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;485554 |
| Kansai Paint Co. Ltd.<br>| &nbsp;&nbsp;12891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180213 |
| Kao Corp.<br>| &nbsp;&nbsp;38224 | &nbsp;&nbsp;&nbsp;&nbsp;1544891 |
| Kawasaki Heavy Industries Ltd.<br>| &nbsp;&nbsp;41782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950693 |
| Kawasaki Kisen Kaisha Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;21349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;442264 |
| KDDI Corp.<br>| 108592 | &nbsp;&nbsp;&nbsp;&nbsp;3389403 |
| Keio Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267870 |
| Keisei Electric Railway Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;9151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265991 |
| Keyence Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2766 | &nbsp;&nbsp;&nbsp;&nbsp;1260860 |
| Kikkoman Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259935 |
| Kintetsu Group Holdings Co. Ltd.<br>| &nbsp;&nbsp;10427 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338760 |
| Kirin Holdings Co. Ltd.<br>| &nbsp;&nbsp;59888 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920575 |
| Kobe Steel Ltd.<br>| 104902 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;562241 |
| Koito Manufacturing Co. Ltd.<br>| &nbsp;&nbsp;20344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341035 |
| Komatsu Ltd.<br>| &nbsp;&nbsp;83043 | &nbsp;&nbsp;&nbsp;&nbsp;2014692 |
| Konica Minolta, Inc.<br>| 136594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;569295 |
| Kubota Corp.<br>| &nbsp;&nbsp;76032 | &nbsp;&nbsp;&nbsp;&nbsp;1133069 |
| Kuraray Co. Ltd.<br>| &nbsp;&nbsp;43001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;354139 |
| Kurita Water Industries Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326568 |
| Kyocera Corp.<br>| &nbsp;&nbsp;25411 | &nbsp;&nbsp;&nbsp;&nbsp;1310363 |
| Kyowa Kirin Co. Ltd.<br>| &nbsp;&nbsp;11964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265877 |
| Kyushu Electric Power Co., Inc.<br>| &nbsp;&nbsp;41175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236516 |
| Kyushu Railway Co.<br>| &nbsp;&nbsp;19871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;444804 |
| Lawson, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283715 |
| Lion Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;21636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238912 |
| Lixil Corp.<br>| &nbsp;&nbsp;23646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405479 |
| Makita Corp.<br>| &nbsp;&nbsp;16846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445617 |
| Marubeni Corp.<br>| 132618 | &nbsp;&nbsp;&nbsp;&nbsp;1617890 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Japan-(continued)** | **Japan-(continued)** | **Japan-(continued)** |
| Marui Group Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;16825 | &nbsp;&nbsp;&nbsp;&nbsp;$285409 |
| MatsukiyoCocokara & Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8837 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;439658 |
| Mazda Motor Corp.<br>| &nbsp;&nbsp;&nbsp;106484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;853215 |
| Mebuki Financial Group, Inc.<br>| &nbsp;&nbsp;&nbsp;123416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320771 |
| MEIJI Holdings Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;11276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580947 |
| MINEBEA MITSUMI, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;30994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;534581 |
| MISUMI Group, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230725 |
| Mitsubishi Chemical Group Corp.<br>| &nbsp;&nbsp;&nbsp;145381 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;811728 |
| Mitsubishi Corp.<br>| &nbsp;&nbsp;&nbsp;113143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3772448 |
| Mitsubishi Electric Corp.<br>| &nbsp;&nbsp;&nbsp;124820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1368706 |
| Mitsubishi Estate Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;86202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1107975 |
| Mitsubishi Gas Chemical Co., Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;29393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;426729 |
| Mitsubishi HC Capital, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;56638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288318 |
| Mitsubishi Heavy Industries Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;45124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1762697 |
| Mitsubishi Materials Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;20600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352613 |
| Mitsubishi Motors Corp.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;167393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;642309 |
| Mitsubishi UFJ Financial Group, Inc.<br>| 1494859 | &nbsp;&nbsp;&nbsp;&nbsp;10951226 |
| Mitsui & Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;100818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2961473 |
| Mitsui Chemicals, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;23681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;554490 |
| Mitsui Fudosan Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;68425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1279105 |
| Mitsui Mining & Smelting Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;12424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329122 |
| Mitsui OSK Lines Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;30008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;739557 |
| Mizuho Financial Group, Inc.<br>| &nbsp;&nbsp;&nbsp;230462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3593077 |
| MS&AD Insurance Group Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;31790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1016684 |
| Murata Manufacturing Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;29042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1651248 |
| Nabtesco Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;10702 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310662 |
| Nagoya Railroad Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;14676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242070 |
| NEC Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;24778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;890747 |
| NGK Insulators Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;24217 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333520 |
| NGK Spark Plug Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;21229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413169 |
| NH Foods Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;11818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;354417 |
| Nichirei Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;11782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246340 |
| Nidec Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;13552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;747186 |
| Nikon Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;49120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;481965 |
| Nintendo Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;43496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1881387 |
| Nippon Building Fund, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;436003 |
| Nippon Electric Glass Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;14293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264329 |
| Nippon Prologis REIT, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221780 |
| Nippon Steel Corp.<br>| &nbsp;&nbsp;&nbsp;164383 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3406607 |
| Nippon Telegraph & Telephone Corp.<br>| &nbsp;&nbsp;&nbsp;137127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4103951 |
| Nippon Yusen K.K.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;35686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;843819 |
| Nissan Chemical Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255502 |
| Nissan Motor Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;417997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1489162 |
| Nissin Foods Holdings Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315242 |
| Nitori Holdings Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459699 |
| Nitto Denko Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;14092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;905910 |
| Nomura Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;289946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1154255 |
| Nomura Real Estate Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;13488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296633 |
| Nomura Real Estate Master Fund, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341073 |
| Nomura Research Institute Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207056 |
| NSK Ltd.<br>| &nbsp;&nbsp;&nbsp;103111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;577222 |
| NTT Data Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;44254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;681616 |
| Obayashi Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;53657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415079 |
| Odakyu Electric Railway Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;17994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235501 |
| Oji Holdings Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;73369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;302401 |
| Olympus Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;29513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;551135 |
| Omron Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;10448 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;599347 |
| Ono Pharmaceutical Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;22527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489100 |
| Oriental Land Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335868 |
| ORIX Corp.<br>| &nbsp;&nbsp;&nbsp;100265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1754030 |
| ORIX JREIT, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287195 |
| Osaka Gas Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;22956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369817 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Japan-(continued)** | **Japan-(continued)** | **Japan-(continued)** |
| Otsuka Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8791 | &nbsp;&nbsp;&nbsp;&nbsp;$287637 |
| Otsuka Holdings Co. Ltd.<br>| &nbsp;&nbsp;21219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;678447 |
| Pan Pacific International Holdings Corp.<br>| &nbsp;&nbsp;25700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;473112 |
| Panasonic Holdings Corp.<br>| 154869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1429065 |
| Persol Holdings Co. Ltd.<br>| &nbsp;&nbsp;15075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328174 |
| Rakuten Group, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;56874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287333 |
| Recruit Holdings Co. Ltd.<br>| &nbsp;&nbsp;39664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1263929 |
| Renesas Electronics Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;44521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455155 |
| Resona Holdings, Inc.<br>| 249107 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1375744 |
| Resonac Holdings Corp.<br>| &nbsp;&nbsp;38325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;649826 |
| Ricoh Co. Ltd.<br>| &nbsp;&nbsp;68520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;529529 |
| Rohm Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7081 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;562472 |
| Ryohin Keikaku Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;19613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216272 |
| Santen Pharmaceutical Co. Ltd.<br>| &nbsp;&nbsp;29393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228282 |
| SBI Holdings, Inc.<br>| &nbsp;&nbsp;26949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568427 |
| Secom Co. Ltd.<br>| &nbsp;&nbsp;13156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;781095 |
| Sega Sammy Holdings, Inc.<br>| &nbsp;&nbsp;14495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228607 |
| Seibu Holdings, Inc.<br>| &nbsp;&nbsp;29709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332626 |
| Seiko Epson Corp.<br>| &nbsp;&nbsp;30664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;473241 |
| Sekisui Chemical Co. Ltd.<br>| &nbsp;&nbsp;22729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316872 |
| Sekisui House Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;48952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;922614 |
| Seven & i Holdings Co. Ltd.<br>| &nbsp;&nbsp;51589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2430588 |
| SG Holdings Co. Ltd.<br>| &nbsp;&nbsp;19805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304282 |
| Sharp Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;37008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305637 |
| Shimadzu Corp.<br>| &nbsp;&nbsp;10869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;331808 |
| Shimamura Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293220 |
| Shimano, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408550 |
| Shimizu Corp.<br>| &nbsp;&nbsp;56138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313832 |
| Shin-Etsu Chemical Co. Ltd.<br>| &nbsp;&nbsp;19330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2835324 |
| Shionogi & Co. Ltd.<br>| &nbsp;&nbsp;12754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;606390 |
| Shiseido Co. Ltd.<br>| &nbsp;&nbsp;14241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;735129 |
| Shizuoka Financial Group, Inc.<br>| &nbsp;&nbsp;43816 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370286 |
| Skylark Holdings Co. Ltd.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;20759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246627 |
| SMC Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;949257 |
| SoftBank Corp.<br>| 266491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3046168 |
| SoftBank Group Corp.<br>| 223177 | &nbsp;&nbsp;&nbsp;&nbsp;10544038 |
| Sojitz Corp.<br>| &nbsp;&nbsp;29382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580433 |
| Sompo Holdings, Inc.<br>| &nbsp;&nbsp;29506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1267184 |
| Sony Group Corp.<br>| &nbsp;&nbsp;69327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6173299 |
| Stanley Electric Co. Ltd.<br>| &nbsp;&nbsp;14986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320128 |
| Subaru Corp.<br>| &nbsp;&nbsp;66699 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1093229 |
| SUMCO Corp.<br>| &nbsp;&nbsp;20656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303379 |
| Sumitomo Chemical Co. Ltd.<br>| 186776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;713812 |
| Sumitomo Corp.<br>| &nbsp;&nbsp;72304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1291570 |
| Sumitomo Electric Industries Ltd.<br>| &nbsp;&nbsp;53628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;641045 |
| Sumitomo Forestry Co. Ltd.<br>| &nbsp;&nbsp;14588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271019 |
| Sumitomo Heavy Industries Ltd.<br>| &nbsp;&nbsp;12849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284260 |
| Sumitomo Metal Mining Co. Ltd.<br>| &nbsp;&nbsp;19280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;778049 |
| Sumitomo Mitsui Financial Group, Inc.<br>| 182834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7946309 |
| Sumitomo Mitsui Trust Holdings, Inc.<br>| &nbsp;&nbsp;26179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;953190 |
| Sumitomo Realty & Development Co. Ltd.<br>| &nbsp;&nbsp;26653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;646829 |
| Sumitomo Rubber Industries Ltd.<br>| &nbsp;&nbsp;29587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261413 |
| Suntory Beverage & Food Ltd.<br>| &nbsp;&nbsp;11221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377931 |
| Suzuki Motor Corp.<br>| &nbsp;&nbsp;36477 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1357316 |
| Sysmex Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385770 |
| T&D Holdings, Inc.<br>| &nbsp;&nbsp;80278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1282152 |
| Taisei Corp.<br>| &nbsp;&nbsp;18029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;621092 |
| Taiyo Yuden Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6645 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223552 |
| Takashimaya Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;27355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;381786 |
| Takeda Pharmaceutical Co. Ltd.<br>| 186820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5875611 |
| TDK Corp.<br>| &nbsp;&nbsp;31671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1121496 |
| Teijin Ltd.<br>| &nbsp;&nbsp;22908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234462 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Japan-(continued)** | **Japan-(continued)** | **Japan-(continued)** |
| Terumo Corp.<br>| &nbsp;&nbsp;26039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$753468 |
| THK Co. Ltd.<br>| &nbsp;&nbsp;11665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245418 |
| TIS, Inc.<br>| &nbsp;&nbsp;15722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450944 |
| Tobu Railway Co. Ltd.<br>| &nbsp;&nbsp;11370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266228 |
| Toho Gas Co. Ltd.<br>| &nbsp;&nbsp;12603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245770 |
| Tohoku Electric Power Co., Inc.<br>| &nbsp;&nbsp;77236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;414554 |
| Tokio Marine Holdings, Inc.<br>| 129354 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2699579 |
| Tokyo Electric Power Co. Holdings, Inc.<sup>(a)(b)</sup><br>| 300513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1120757 |
| Tokyo Electron Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1546363 |
| Tokyo Gas Co. Ltd.<br>| &nbsp;&nbsp;39749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;831078 |
| Tokyu Corp.<br>| &nbsp;&nbsp;25852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;331586 |
| Tokyu Fudosan Holdings Corp.<br>| &nbsp;&nbsp;54997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277850 |
| Toppan, Inc.<br>| &nbsp;&nbsp;22264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;357299 |
| Toray Industries, Inc.<br>| 147965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;905460 |
| Toshiba Corp.<br>| &nbsp;&nbsp;35629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1221652 |
| Tosoh Corp.<br>| &nbsp;&nbsp;21616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281742 |
| TOTO Ltd.<br>| &nbsp;&nbsp;10766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415589 |
| Toyo Suisan Kaisha Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307264 |
| Toyota Industries Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;547926 |
| Toyota Motor Corp.<br>| 902203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13157199 |
| Toyota Tsusho Corp.<br>| &nbsp;&nbsp;17152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720135 |
| Trend Micro, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328725 |
| Tsuruha Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;318933 |
| Unicharm Corp.<br>| &nbsp;&nbsp;12826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;488206 |
| United Urban Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310273 |
| West Japan Railway Co.<br>| &nbsp;&nbsp;31502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1316570 |
| Yakult Honsha Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;472310 |
| Yamada Holdings Co. Ltd.<br>| 191407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;694714 |
| Yamaha Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320744 |
| Yamaha Motor Co. Ltd.<br>| &nbsp;&nbsp;39502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;967464 |
| Yamato Holdings Co. Ltd.<br>| &nbsp;&nbsp;29176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;507935 |
| Yaskawa Electric Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380678 |
| Yokogawa Electric Corp.<br>| &nbsp;&nbsp;20555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;358798 |
| Z Holdings Corp.<br>| 154332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440881 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;262207113 |
| **Jordan-0.02%** | **Jordan-0.02%** | **Jordan-0.02%** |
| Hikma Pharmaceuticals PLC<br>| &nbsp;&nbsp;10066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211722 |
| **Luxembourg-0.29%** | **Luxembourg-0.29%** | **Luxembourg-0.29%** |
| Aperam S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5493 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215480 |
| ArcelorMittal S.A.<br>| 115028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3542907 |
| Eurofins Scientific SE<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227257 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3985644 |
| **Macau-0.10%** | **Macau-0.10%** | **Macau-0.10%** |
| Galaxy Entertainment Group Ltd.<br>| &nbsp;&nbsp;94712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657307 |
| Sands China Ltd.<sup>(b)</sup><br>| 206300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;771136 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1428443 |
| **Netherlands-5.24%** | **Netherlands-5.24%** | **Netherlands-5.24%** |
| Aalberts N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260317 |
| ABN AMRO Bank N.V., CVA<sup>(c)</sup><br>| 107899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1782365 |
| Aegon N.V.<sup>(a)</sup><br>| 536410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2933814 |
| Akzo Nobel N.V.<br>| &nbsp;&nbsp;16483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1219799 |
| ASM International N.V.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261417 |
| ASML Holding N.V.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2937844 |
| ASR Nederland N.V.<br>| &nbsp;&nbsp;19343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;911304 |
| EXOR N.V.<sup>(b)</sup><br>| &nbsp;&nbsp;12113 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;958761 |
| Heineken Holding N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506350 |
| Heineken N.V.<sup>(a)</sup><br>| &nbsp;&nbsp;13201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1312405 |
| ING Groep N.V.<br>| 612454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8814647 |
| Koninklijke Ahold Delhaize N.V.<br>| 129025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3837396 |
| Koninklijke DSM N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;972005 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Netherlands-(continued)** | **Netherlands-(continued)** | **Netherlands-(continued)** |
| Koninklijke KPN N.V.<br>| &nbsp;&nbsp;&nbsp;335699 | &nbsp;&nbsp;$1145165 |
| Koninklijke Philips N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;82135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1410831 |
| Koninklijke Vopak N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;219936 |
| NN Group N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;35965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1555362 |
| PostNL N.V.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;73348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152867 |
| Randstad N.V.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;16252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1035731 |
| SBM Offshore N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;20106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314986 |
| Shell PLC<br>| 1304866 | &nbsp;&nbsp;&nbsp;&nbsp;38136456 |
| Universal Music Group N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;13478 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;343549 |
| Wolters Kluwer N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;997076 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;72020383 |
| **Norway-0.57%** | **Norway-0.57%** | **Norway-0.57%** |
| Aker BP ASA<br>| &nbsp;&nbsp;&nbsp;&nbsp;21514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;653072 |
| DNB Bank ASA<br>| &nbsp;&nbsp;&nbsp;&nbsp;53012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;986918 |
| Equinor ASA<br>| &nbsp;&nbsp;&nbsp;&nbsp;93441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2837399 |
| Gjensidige Forsikring ASA<br>| &nbsp;&nbsp;&nbsp;&nbsp;12728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227972 |
| Mowi ASA<br>| &nbsp;&nbsp;&nbsp;&nbsp;37412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;689378 |
| Norsk Hydro ASA<br>| &nbsp;&nbsp;&nbsp;111657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;898107 |
| Orkla ASA<br>| &nbsp;&nbsp;&nbsp;&nbsp;54085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;402974 |
| Storebrand ASA<br>| &nbsp;&nbsp;&nbsp;&nbsp;51563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;446235 |
| Telenor ASA<br>| &nbsp;&nbsp;&nbsp;&nbsp;67023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700208 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7842263 |
| **Poland-0.15%** | **Poland-0.15%** | **Poland-0.15%** |
| Bank Polska Kasa Opieki S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;18488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392736 |
| KGHM Polska Miedz S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;11900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385627 |
| Polski Koncern Naftowy ORLEN S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;27123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405692 |
| Powszechna Kasa Oszczednosci Bank Polski S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;63894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;473431 |
| Powszechny Zaklad Ubezpieczen S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;50257 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425186 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2082672 |
| **Portugal-0.30%** | **Portugal-0.30%** | **Portugal-0.30%** |
| Banco Comercial Portugues S.A., Class R<sup>(a)</sup><br>| 1358397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288124 |
| EDP - Energias de Portugal S.A.<br>| &nbsp;&nbsp;&nbsp;401375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1986894 |
| Galp Energia SGPS S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;91794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1253638 |
| Jeronimo Martins SGPS S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;25440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550925 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4079581 |
| **Russia-0.00%** | **Russia-0.00%** | **Russia-0.00%** |
| Evraz PLC<sup>(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;48360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Raspadskaya OJSC<sup>(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| **Singapore-0.79%** | **Singapore-0.79%** | **Singapore-0.79%** |
| CapitaLand Ascendas REIT<br>| &nbsp;&nbsp;&nbsp;214890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470866 |
| CapitaLand Integrated Commercial Trust<br>| &nbsp;&nbsp;&nbsp;295730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;481502 |
| CapitaLand Investment Ltd.<br>| &nbsp;&nbsp;&nbsp;125075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;376838 |
| ComfortDelGro Corp. Ltd.<br>| &nbsp;&nbsp;&nbsp;242757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221637 |
| DBS Group Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;109990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2995049 |
| Genting Singapore Ltd.<br>| &nbsp;&nbsp;&nbsp;473292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;356495 |
| Oversea-Chinese Banking Corp. Ltd.<br>| &nbsp;&nbsp;&nbsp;134708 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1325198 |
| Singapore Airlines Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;126741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570858 |
| Singapore Technologies Engineering Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;97106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271884 |
| Singapore Telecommunications Ltd.<br>| &nbsp;&nbsp;&nbsp;631681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1206314 |
| STMicroelectronics N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;20077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;939998 |
| United Overseas Bank Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;61941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1405790 |
| Venture Corp. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;21999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308975 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;10931404 |
| **South Africa-0.26%** | **South Africa-0.26%** | **South Africa-0.26%** |
| Anglo American PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;84704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3614838 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **South Korea-4.00%** | **South Korea-4.00%** | **South Korea-4.00%** |
| Amorepacific Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1642 | &nbsp;&nbsp;&nbsp;&nbsp;$193953 |
| Amorepacific Corp., Preference Shares<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22498 |
| Celltrion, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260596 |
| CJ CheilJedang Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216780 |
| CJ CheilJedang Corp., Preference Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15606 |
| Doosan Enerbility Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;28633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;388189 |
| E-MART, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220446 |
| GS Engineering & Construction Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;12602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238372 |
| Hana Financial Group, Inc.<br>| &nbsp;&nbsp;25377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1004326 |
| Hanwha Solutions Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;12718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;468226 |
| Hyundai Engineering & Construction Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;17965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;554934 |
| Hyundai Glovis Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2697 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;363235 |
| Hyundai Mobis Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1202504 |
| Hyundai Motor Co.<br>| &nbsp;&nbsp;14828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2010291 |
| Hyundai Motor Co., First Pfd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159066 |
| Hyundai Motor Co., Second Pfd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252930 |
| Hyundai Steel Co.<br>| &nbsp;&nbsp;14414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400194 |
| Industrial Bank of Korea<sup>(b)</sup><br>| &nbsp;&nbsp;31758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264263 |
| KB Financial Group, Inc.<br>| &nbsp;&nbsp;38433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1744118 |
| Kia Corp.<br>| &nbsp;&nbsp;36696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1990009 |
| Korea Electric Power Corp.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;32105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;517100 |
| Korea Gas Corp.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;9117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246835 |
| Korea Investment Holdings Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229187 |
| Korea Shipbuilding & Offshore Engineering Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6697 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;432766 |
| Korea Zinc Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;421627 |
| Korean Air Lines Co. Ltd.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;17483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;344181 |
| KT&G Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;9660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;725402 |
| LG Chem Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1704554 |
| LG Chem Ltd., Preference Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96814 |
| LG Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;8944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;601204 |
| LG Display Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;73404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;811031 |
| LG Electronics, Inc.<br>| &nbsp;&nbsp;20122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1635178 |
| LG Electronics, Inc., Preference Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;3072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113847 |
| LG H&H Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300988 |
| LG H&H Co. Ltd., Preference Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24229 |
| LG Innotek Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228785 |
| LG Uplus Corp.<br>| &nbsp;&nbsp;26952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243089 |
| LOTTE Chemical Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520726 |
| NAVER Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355090 |
| NCSoft Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259102 |
| POSCO Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2330473 |
| Posco International Corp.<br>| &nbsp;&nbsp;22309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;424701 |
| Samsung C&T Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;638195 |
| Samsung Electro-Mechanics Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459448 |
| Samsung Electronics Co. Ltd.<br>| 330788 | &nbsp;&nbsp;&nbsp;&nbsp;16380961 |
| Samsung Electronics Co. Ltd., Preference Shares<br>| &nbsp;&nbsp;58083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2593412 |
| Samsung Engineering Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;15782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;331194 |
| Samsung Fire & Marine Insurance Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340311 |
| Samsung Fire & Marine Insurance Co. Ltd., Preference Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19074 |
| Samsung Heavy Industries Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;73429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345149 |
| Samsung Life Insurance Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379480 |
| Samsung SDI Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;888087 |
| Samsung SDI Co. Ltd., Preference Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9352 |
| Samsung SDS Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2249 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228223 |
| Samsung Securities Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230150 |
| Shinhan Financial Group Co. Ltd.<br>| &nbsp;&nbsp;32935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1110935 |
| Shinsegae, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239243 |
| SK hynix, Inc.<br>| &nbsp;&nbsp;39662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2849559 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **South Korea-(continued)** | **South Korea-(continued)** | **South Korea-(continued)** |
| SK Innovation Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8834 | &nbsp;&nbsp;$1162519 |
| SK Telecom Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;10100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;382091 |
| SK, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;648433 |
| S-Oil Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470214 |
| Woori Financial Group, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;67377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;699587 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;54943062 |
| **Spain-3.38%** | **Spain-3.38%** | **Spain-3.38%** |
| Acciona S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;467539 |
| Acerinox S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;27273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293947 |
| ACS Actividades de Construccion y Servicios S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;48377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1425932 |
| ACS Actividades de Construccion y Servicios S.A., Rts., 03/31/2023<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;48377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24520 |
| Aena SME S.A.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;558502 |
| Amadeus IT Group S.A.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;14025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;878878 |
| Banco Bilbao Vizcaya Argentaria S.A.<sup>(a)</sup><br>| 1041504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7310467 |
| Banco de Sabadell S.A.<br>| 1351287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1757410 |
| Banco Santander S.A.<br>| 2292739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7975567 |
| Bankinter S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;62639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450353 |
| CaixaBank S.A.<br>| &nbsp;&nbsp;&nbsp;422421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1865820 |
| Cellnex Telecom S.A.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;11892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463401 |
| Enagas S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;30055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;537438 |
| Endesa S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;47917 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950776 |
| Ferrovial S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;25904 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;760718 |
| Grifols S.A.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;30427 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400674 |
| Grifols S.A., Class B, Preference Shares<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;22836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206345 |
| Iberdrola S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;669577 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7813700 |
| Industria de Diseno Textil S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;59466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1848368 |
| Inmobiliaria Colonial SOCIMI S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;31435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228055 |
| Mapfre S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;134199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268903 |
| Merlin Properties SOCIMI S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;35689 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347484 |
| Naturgy Energy Group S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;38874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1097697 |
| Red Electrica Corp. S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;40840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720314 |
| Repsol S.A.<br>| &nbsp;&nbsp;&nbsp;297025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4867795 |
| Telefonica S.A.<br>| &nbsp;&nbsp;&nbsp;785515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2974791 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;46495394 |
| **Sweden-2.31%** | **Sweden-2.31%** | **Sweden-2.31%** |
| Alfa Laval AB<br>| &nbsp;&nbsp;&nbsp;&nbsp;15518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;484669 |
| Alleima AB<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;11030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54951 |
| Assa Abloy AB, Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;39052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;915334 |
| Atlas Copco AB, Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;89489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1054230 |
| Atlas Copco AB, Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;52624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;551582 |
| Billerud AB<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;21058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243569 |
| Boliden AB<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;22237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;992932 |
| Castellum AB<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;18825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256758 |
| Dometic Group AB<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;26508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165836 |
| Electrolux AB, Class B<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;34546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;486887 |
| Epiroc AB, Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;18970 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;367630 |
| Epiroc AB, Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;11377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189023 |
| Essity AB, Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;48194 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1255277 |
| Fabege AB<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;18100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170423 |
| Fastighets AB Balder<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;28121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143831 |
| Getinge AB, Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171886 |
| H & M Hennes & Mauritz AB, Class B<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;90527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1107788 |
| Hexagon AB, Class B<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;52527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;598277 |
| Holmen AB, Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249757 |
| Husqvarna AB, Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14470 |
| Husqvarna AB, Class B<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;28930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244708 |
| Industrivarden AB, Class A<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;19931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525412 |
| Industrivarden AB, Class C<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;14993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393090 |
| Investor AB, Class A<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;37780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750202 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Sweden-(continued)** | **Sweden-(continued)** | **Sweden-(continued)** |
| Investor AB, Class B<br>| 135079 | &nbsp;&nbsp;$2610674 |
| Kinnevik AB, Class A<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17475 |
| Kinnevik AB, Class B<sup>(a)(b)</sup><br>| &nbsp;&nbsp;18246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279795 |
| Orron Energy AB<br>| &nbsp;&nbsp;11346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20937 |
| Saab AB, Class B<br>| &nbsp;&nbsp;11319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461742 |
| Sandvik AB<sup>(a)</sup><br>| &nbsp;&nbsp;55220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1136066 |
| Securitas AB, Class B<sup>(a)</sup><br>| &nbsp;&nbsp;62600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570048 |
| Skandinaviska Enskilda Banken AB, Class A<br>| 151746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1828379 |
| Skandinaviska Enskilda Banken AB, Class C<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29678 |
| Skanska AB, Class B<br>| &nbsp;&nbsp;28866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506750 |
| SKF AB, Class B<sup>(a)</sup><br>| &nbsp;&nbsp;43125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;759336 |
| SSAB AB, Class A<br>| &nbsp;&nbsp;32655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231864 |
| SSAB AB, Class B<sup>(a)</sup><br>| &nbsp;&nbsp;88777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;601355 |
| Svenska Cellulosa AB S.C.A., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;1233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17123 |
| Svenska Cellulosa AB S.C.A., Class B<br>| &nbsp;&nbsp;34235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;473152 |
| Svenska Handelsbanken AB, Class A<sup>(a)</sup><br>| 185237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1925829 |
| Svenska Handelsbanken AB, Class B<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54524 |
| Swedbank AB, Class A<br>| 124617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2385265 |
| Tele2 AB, Class B<br>| &nbsp;&nbsp;42727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368104 |
| Telefonaktiebolaget LM Ericsson, Class A<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13256 |
| Telefonaktiebolaget LM Ericsson, Class B<br>| 177351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1022794 |
| Telia Co. AB<sup>(a)</sup><br>| 393073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1012924 |
| Trelleborg AB, Class B<br>| &nbsp;&nbsp;19322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480937 |
| Volvo AB, Class A<sup>(a)</sup><br>| &nbsp;&nbsp;21605 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;446966 |
| Volvo AB, Class B<br>| 158456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3130587 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;31774082 |
| **Switzerland-3.66%** | **Switzerland-3.66%** | **Switzerland-3.66%** |
| ABB Ltd.<br>| &nbsp;&nbsp;97870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3382174 |
| Accelleron Industries AG<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4787 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112387 |
| Adecco Group AG<sup>(a)</sup><br>| &nbsp;&nbsp;24398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;899174 |
| Alcon, Inc.<br>| &nbsp;&nbsp;16192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1210060 |
| Baloise Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;4050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;661665 |
| Barry Callebaut AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359087 |
| Chocoladefabriken Lindt & Spruengli AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;336000 |
| Chocoladefabriken Lindt & Spruengli AG, PC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;371548 |
| Cie Financiere Richemont S.A.<br>| &nbsp;&nbsp;19570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2990616 |
| Clariant AG<sup>(b)</sup><br>| &nbsp;&nbsp;19387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329605 |
| Credit Suisse Group AG<sup>(a)</sup><br>| 505897 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1721839 |
| Dufry AG<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;7637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347624 |
| Geberit AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;1180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;664782 |
| Georg Fischer AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;5024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;343136 |
| Givaudan S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;965224 |
| Helvetia Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;3215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399272 |
| Julius Baer Group Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;15691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;997393 |
| Kuehne + Nagel International AG, Class R<br>| &nbsp;&nbsp;&nbsp;&nbsp;2642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625741 |
| Logitech International S.A., Class R<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282400 |
| Lonza Group AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;1387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;784419 |
| Novartis AG<br>| 121026 | &nbsp;&nbsp;&nbsp;&nbsp;10862372 |
| Partners Group Holding AG<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;469410 |
| PSP Swiss Property AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;2636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326792 |
| Schindler Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;1060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212750 |
| Schindler Holding AG, PC<br>| &nbsp;&nbsp;&nbsp;&nbsp;2165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;457979 |
| SGS S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;762857 |
| SIG Group AG<sup>(b)</sup><br>| &nbsp;&nbsp;17966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;442330 |
| Sika AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;2994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;843371 |
| Sonova Holding AG, Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;1299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322223 |
| Swatch Group AG (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;3757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244946 |
| Swatch Group AG (The), BR<br>| &nbsp;&nbsp;&nbsp;&nbsp;2463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;884133 |
| Swiss Life Holding AG<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2264620 |
| Swiss Prime Site AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;3755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332688 |
| Swisscom AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;2362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1388278 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Switzerland-(continued)** | **Switzerland-(continued)** | **Switzerland-(continued)** |
| UBS Group AG<br>| &nbsp;&nbsp;&nbsp;333477 | &nbsp;&nbsp;$7056101 |
| Zurich Insurance Group AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;11502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5661175 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;50316171 |
| **Turkey-0.02%** | **Turkey-0.02%** | **Turkey-0.02%** |
| Eldorado Gold Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;23347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222911 |
| **United Kingdom-11.19%** | **United Kingdom-11.19%** | **United Kingdom-11.19%** |
| 3i Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;58655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1137311 |
| abrdn PLC<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;139898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;366158 |
| Admiral Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;13264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359245 |
| Ashtead Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;17512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1145647 |
| Associated British Foods PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;32748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;748267 |
| AstraZeneca PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;52453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6838487 |
| Aviva PLC<br>| &nbsp;&nbsp;&nbsp;234948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1318088 |
| B&M European Value Retail S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;58438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322089 |
| BAE Systems PLC<br>| &nbsp;&nbsp;&nbsp;286415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3021127 |
| Barclays PLC<br>| 2226518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5094002 |
| Barratt Developments PLC<br>| &nbsp;&nbsp;&nbsp;103385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;585221 |
| Beazley PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;40141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328627 |
| Bellway PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224269 |
| Berkeley Group Holdings PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;11619 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;592908 |
| BP PLC<br>| 4064715 | &nbsp;&nbsp;&nbsp;&nbsp;24462420 |
| British American Tobacco PLC<br>| &nbsp;&nbsp;&nbsp;275097 | &nbsp;&nbsp;&nbsp;&nbsp;10485292 |
| British Land Co. PLC (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;84387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459605 |
| BT Group PLC<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;882107 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1353653 |
| Bunzl PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;22662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;828607 |
| Burberry Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;21033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;637245 |
| Centrica PLC<br>| &nbsp;&nbsp;&nbsp;641612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;795813 |
| CNH Industrial N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;84843 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1488122 |
| Compass Group PLC<br>| &nbsp;&nbsp;&nbsp;120995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2876361 |
| Croda International PLC<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;374530 |
| DCC PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;11156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;632596 |
| Derwent London PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246095 |
| Diageo PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;80217 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3476184 |
| Direct Line Insurance Group PLC<br>| &nbsp;&nbsp;&nbsp;185398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405018 |
| Drax Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;37678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299650 |
| DS Smith PLC<br>| &nbsp;&nbsp;&nbsp;124155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540315 |
| easyJet PLC<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;37125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224821 |
| Entain PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;21334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390944 |
| Experian PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;27059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;983714 |
| Halma PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233157 |
| Hays PLC<br>| &nbsp;&nbsp;&nbsp;156905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238174 |
| Hiscox Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;23270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322144 |
| Howden Joinery Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;26366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224098 |
| HSBC Holdings PLC<br>| 2170980 | &nbsp;&nbsp;&nbsp;&nbsp;15939958 |
| IG Group Holdings PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;26587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260541 |
| IMI PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;15293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272430 |
| Imperial Brands PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;64341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1608761 |
| Inchcape PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;23127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259662 |
| Informa PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;88641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;730271 |
| InterContinental Hotels Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535072 |
| Intermediate Capital Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;13156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224806 |
| International Consolidated Airlines Group S.A.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;204275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;424504 |
| International Distributions Services PLC<br>| &nbsp;&nbsp;&nbsp;131149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369415 |
| Intertek Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391503 |
| Investec PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;75148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478856 |
| ITV PLC<br>| &nbsp;&nbsp;&nbsp;349204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347707 |
| J Sainsbury PLC<br>| &nbsp;&nbsp;&nbsp;172858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;558828 |
| Johnson Matthey PLC<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;41929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1164521 |
| Just Eat Takeaway.com N.V.<sup>(a)(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;13083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333196 |
| Kingfisher PLC<br>| &nbsp;&nbsp;&nbsp;266220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;914405 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **United Kingdom-(continued)** | **United Kingdom-(continued)** | **United Kingdom-(continued)** |
| Land Securities Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;66696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$581664 |
| Legal & General Group PLC<br>| &nbsp;&nbsp;&nbsp;471816 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1475367 |
| Lloyds Banking Group PLC<br>| 7504809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4857960 |
| London Stock Exchange Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;555258 |
| M&G PLC<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;214905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;534166 |
| Man Group PLC<br>| &nbsp;&nbsp;&nbsp;117146 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;358672 |
| Marks & Spencer Group PLC<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;318534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;571751 |
| Melrose Industries PLC<br>| &nbsp;&nbsp;&nbsp;282687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;494879 |
| National Grid PLC<br>| &nbsp;&nbsp;&nbsp;296752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3744650 |
| NatWest Group PLC<br>| &nbsp;&nbsp;&nbsp;632957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2400041 |
| Next PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7194 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;586126 |
| Pearson PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;82172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;934333 |
| Pennon Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;34730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392288 |
| Persimmon PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;36258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;630278 |
| Phoenix Group Holdings PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;68455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540034 |
| Quilter PLC<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;172393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204338 |
| Reckitt Benckiser Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;31797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2258685 |
| RELX PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;71484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2113857 |
| Rentokil Initial PLC<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;62304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;376379 |
| Rolls-Royce Holdings PLC<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;535405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;696972 |
| RS GROUP PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;19035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220280 |
| Sage Group PLC (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;56045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535969 |
| Schroders PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;45246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266202 |
| Segro PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;45068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460622 |
| Severn Trent PLC<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;17094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;592611 |
| Smith & Nephew PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;58353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800639 |
| Smiths Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;29785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;633262 |
| Spectris PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300507 |
| Spirax-Sarco Engineering PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242018 |
| SSE PLC<br>| &nbsp;&nbsp;&nbsp;102260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2169755 |
| SSP Group PLC<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;73216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233453 |
| St James's Place PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;36997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;556813 |
| Standard Chartered PLC<br>| &nbsp;&nbsp;&nbsp;265952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2223794 |
| Subsea 7 S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;42495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526920 |
| Tate & Lyle PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;39176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;363169 |
| Taylor Wimpey PLC<br>| &nbsp;&nbsp;&nbsp;535722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;772967 |
| Tesco PLC<br>| &nbsp;&nbsp;&nbsp;670682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2030340 |
| Travis Perkins PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;27308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341232 |
| Unilever PLC<br>| &nbsp;&nbsp;&nbsp;180110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9109925 |
| United Utilities Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;50621 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659341 |
| Virgin Money UK PLC<br>| &nbsp;&nbsp;&nbsp;127943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303917 |
| Vodafone Group PLC<br>| 4304411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4934582 |
| Weir Group PLC (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;15741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345330 |
| Whitbread PLC<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;14575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545656 |
| WPP PLC<br>| &nbsp;&nbsp;&nbsp;126215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1466509 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;153817951 |
| **United States-3.87%** | **United States-3.87%** | **United States-3.87%** |
| Amcor PLC, CDI<br>| &nbsp;&nbsp;&nbsp;114373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1353156 |
| Bausch Health Cos., Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;34930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267273 |
| Carnival PLC<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;15449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145992 |
| Computershare Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;23132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387124 |
| Ferguson PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;13466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1883262 |
| GSK PLC<br>| &nbsp;&nbsp;&nbsp;345925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6061814 |
| Haleon PLC<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;432397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1726062 |
| Holcim AG<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;68690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4071681 |
| Nestle S.A.<br>| &nbsp;&nbsp;&nbsp;127558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15477732 |
| QIAGEN N.V.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315538 |
| Roche Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;33506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10402815 |
| Roche Holding AG, BR<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;444872 |
| Signify N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;13436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;482855 |
| Stellantis N.V.<br>| &nbsp;&nbsp;&nbsp;277771 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4336856 |
| Swiss Re AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;39991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4159499 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **United States-(continued)** | **United States-(continued)** | **United States-(continued)** |
| Tenaris S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$683502 |
| Waste Connections, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;931394 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53131427 |
| **Zambia-0.04%** | **Zambia-0.04%** | **Zambia-0.04%** |
| First Quantum Minerals Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545728 |
| TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.92%<br>(Cost $1,279,447,610) | TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.92%<br>(Cost $1,279,447,610) | &nbsp;&nbsp;1373416161 |
| **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** |
| **Money Market Funds-5.78%** | **Money Market Funds-5.78%** | **Money Market Funds-5.78%** |
| Invesco Private Government Fund, 4.36%<sup>(e)(f)(g)</sup><br>| 21045672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21045672 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Money Market Funds-(continued)** | **Money Market Funds-(continued)** | **Money Market Funds-(continued)** |
| Invesco Private Prime Fund, 4.59%<sup>(e)(f)(g)</sup><br>| 58403319 | &nbsp;&nbsp;&nbsp;&nbsp;$58420839 |
| &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $79,465,006) | &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $79,465,006) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79466511 |
| TOTAL INVESTMENTS IN SECURITIES-105.70%<br>(Cost $1,358,912,616) | TOTAL INVESTMENTS IN SECURITIES-105.70%<br>(Cost $1,358,912,616) | &nbsp;&nbsp;1452882672 |
| OTHER ASSETS LESS LIABILITIES-(5.70)% | OTHER ASSETS LESS LIABILITIES-(5.70)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(78407419) |
| NET ASSETS-100.00% | NET ASSETS-100.00% | $1374475253 |

---

---

| |
|:---|
| Investment Abbreviations: |
| BR-Bearer Shares |
| CDI-CREST Depository Interest |
| CVA-Dutch Certificates |
| PC-Participation Certificate |
| Pfd.-Preferred |
| REIT-Real Estate Investment Trust |
| RSP-Registered Savings Plan Shares |
| Rts.-Rights |

---

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | All or a portion of this security was out on loan at January 31, 2023. |
| <sup>(b)</sup> | Non-income producing security. |
| <sup>(c)</sup> | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2023 was $9,623,631, which represented less than 1% of the Fund's Net Assets. |
| <sup>(d)</sup> | Security valued using significant unobservable inputs (Level 3). See Note 1. |
| <sup>(e)</sup> | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2023. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> October 31, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$3200713 | &nbsp;&nbsp;&nbsp;&nbsp;$(3200713) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1813 |
| &nbsp;&nbsp;**Investments Purchased with Cash Collateral from Securities on Loan:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Private Government Fund | &nbsp;&nbsp;&nbsp;&nbsp;23289157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56802298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(59045783) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;21045672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273,178\* |
| &nbsp;&nbsp;Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp;&nbsp;59722272 | &nbsp;&nbsp;&nbsp;&nbsp;107916490 | &nbsp;&nbsp;&nbsp;&nbsp;(109239683) | &nbsp;&nbsp;&nbsp;&nbsp;2523 | &nbsp;&nbsp;&nbsp;&nbsp;19237 | &nbsp;&nbsp;&nbsp;&nbsp;58420839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;747,786\* |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;&nbsp;$83011429 | &nbsp;&nbsp;&nbsp;$167919501 | &nbsp;&nbsp;&nbsp;$(171486179) | &nbsp;&nbsp;&nbsp;$2523 | &nbsp;&nbsp;&nbsp;$19237 | &nbsp;&nbsp;&nbsp;$79466511 | &nbsp;&nbsp;&nbsp;$1022777 |

---

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

<sup>(f)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2023. <br> <sup>(g)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

Schedule of Investments<br>

### Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN)
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks & Other Equity Interests-99.74%** | **Common Stocks & Other Equity Interests-99.74%** | **Common Stocks & Other Equity Interests-99.74%** |
| **Australia-6.80%** | **Australia-6.80%** | **Australia-6.80%** |
| Abacus Property Group<br>| 109637 | &nbsp;&nbsp;&nbsp;$216636 |
| Adbri Ltd.<br>| 145803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191976 |
| ALS Ltd.<br>| &nbsp;&nbsp;88656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;821724 |
| Alumina Ltd.<br>| 218275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243900 |
| Ansell Ltd.<br>| &nbsp;&nbsp;48450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;966875 |
| ARB Corp. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;5946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134920 |
| Atlas Arteria Ltd.<br>| 130104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;633276 |
| AUB Group Ltd.<br>| &nbsp;&nbsp;10376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173525 |
| Austal Ltd.<br>| 136299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159432 |
| Bapcor Ltd.<br>| &nbsp;&nbsp;86948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392605 |
| Beach Energy Ltd.<br>| 690046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;739412 |
| Bega Cheese Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;87813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241691 |
| Blackmores Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200993 |
| Boral Ltd.<sup>(a)</sup><br>| 241688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;589027 |
| Breville Group Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;14553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234270 |
| Brickworks Ltd.<br>| &nbsp;&nbsp;16010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268457 |
| BWP Trust<br>| 108527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301068 |
| carsales.com Ltd.<br>| &nbsp;&nbsp;33270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;537062 |
| Centuria Industrial REIT<sup>(a)</sup><br>| &nbsp;&nbsp;74469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176509 |
| Centuria Office REIT<br>| 108560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122902 |
| Challenger Ltd.<br>| 105423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;539197 |
| Champion Iron Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;76302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390516 |
| Charter Hall Group<br>| &nbsp;&nbsp;55824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;548847 |
| Charter Hall Long Wale REIT<br>| &nbsp;&nbsp;71541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231455 |
| Charter Hall Retail REIT<br>| 145053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411071 |
| Charter Hall Social Infrastructure REIT<br>| &nbsp;&nbsp;67546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166701 |
| Cleanaway Waste Management Ltd.<br>| 281592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;544273 |
| Cochlear Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;978106 |
| Collins Foods Ltd.<br>| &nbsp;&nbsp;29005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165282 |
| Coronado Global Resources, Inc., CDI<sup>(b)</sup><br>| 313510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;452180 |
| Corporate Travel Management Ltd.<br>| &nbsp;&nbsp;10550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137920 |
| Costa Group Holdings Ltd.<br>| 143137 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297862 |
| Credit Corp. Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136186 |
| Cromwell Property Group<sup>(a)</sup><br>| 350426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179672 |
| CSR Ltd.<br>| 175496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;655042 |
| Domino's Pizza Enterprises Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292881 |
| Downer EDI Ltd.<br>| 230265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;614981 |
| Eagers Automotive Ltd.<br>| &nbsp;&nbsp;42562 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345697 |
| EBOS Group Ltd.<br>| &nbsp;&nbsp;13924 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387875 |
| Elders Ltd.<br>| &nbsp;&nbsp;39846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273494 |
| EVT Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;18112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180882 |
| Flight Centre Travel Group Ltd.<sup>(a)(c)(d)</sup><br>| &nbsp;&nbsp;47702 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;529699 |
| GrainCorp Ltd., Class A<br>| 103643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;555706 |
| Growthpoint Properties Australia Ltd.<br>| &nbsp;&nbsp;77716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179226 |
| GUD Holdings Ltd.<br>| &nbsp;&nbsp;24599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146015 |
| Harvey Norman Holdings Ltd.<sup>(a)</sup><br>| 264751 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;838634 |
| Healius Ltd.<br>| 181190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;412728 |
| Helia Group Ltd.<br>| &nbsp;&nbsp;88789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175449 |
| HomeCo Daily Needs REIT<sup>(b)</sup><br>| 249056 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238907 |
| IGO Ltd.<br>| &nbsp;&nbsp;53629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;559490 |
| Iluka Resources Ltd.<br>| &nbsp;&nbsp;51675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397459 |
| Ingenia Communities Group<br>| &nbsp;&nbsp;51052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167748 |
| Inghams Group Ltd.<sup>(a)</sup><br>| 107263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;219806 |
| Insignia Financial Ltd.<br>| 236083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;585101 |
| InvoCare Ltd.<br>| &nbsp;&nbsp;24699 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201480 |
| IPH Ltd.<br>| &nbsp;&nbsp;28823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174124 |
| IRESS Ltd.<br>| &nbsp;&nbsp;48147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;339375 |
| Link Administration Holdings Ltd.<br>| 170058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230588 |
| Magellan Financial Group Ltd.<br>| &nbsp;&nbsp;35765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227282 |
| Mineral Resources Ltd.<br>| &nbsp;&nbsp;24391 | &nbsp;&nbsp;&nbsp;&nbsp;1544088 |
| Monadelphous Group Ltd.<br>| &nbsp;&nbsp;40733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400891 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Australia-(continued)** | **Australia-(continued)** | **Australia-(continued)** |
| National Storage REIT<br>| 197313 | &nbsp;&nbsp;&nbsp;&nbsp;$323927 |
| NEXTDC Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;44537 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313960 |
| nib holdings Ltd.<br>| &nbsp;&nbsp;56430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313623 |
| Nine Entertainment Co. Holdings Ltd.<br>| 357558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;516102 |
| Northern Star Resources Ltd.<br>| 130724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1166801 |
| NRW Holdings Ltd.<br>| 143730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;309711 |
| Nufarm Ltd.<br>| &nbsp;&nbsp;95568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;402904 |
| OceanaGold Corp.<sup>(c)</sup><br>| 267205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;576723 |
| oOh!media Ltd.<br>| 170227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172589 |
| Orora Ltd.<br>| 266875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;563114 |
| OZ Minerals Ltd.<br>| &nbsp;&nbsp;55069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1089437 |
| Perpetual Ltd.<br>| &nbsp;&nbsp;43902 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;792681 |
| Perseus Mining Ltd.<br>| 211323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321082 |
| Platinum Asset Management Ltd.<br>| 213526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324927 |
| Premier Investments Ltd.<br>| &nbsp;&nbsp;14309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282439 |
| Qube Holdings Ltd.<br>| 392434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;851410 |
| Ramelius Resources Ltd.<br>| 195362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138923 |
| REA Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270775 |
| Reece Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;34343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394126 |
| Region RE Ltd.<br>| 289129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;553184 |
| Regis Resources Ltd.<sup>(a)</sup><br>| 376196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;572317 |
| Sandfire Resources Ltd.<br>| &nbsp;&nbsp;76862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345213 |
| SEEK Ltd.<br>| &nbsp;&nbsp;47058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;814287 |
| Seven Group Holdings Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;32926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;529093 |
| Sierra Rutile Holdings Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;51675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7283 |
| Silver Lake Resources Ltd.<sup>(c)</sup><br>| 174307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161247 |
| SmartGroup Corp. Ltd.<br>| &nbsp;&nbsp;29616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118740 |
| St Barbara Ltd.<sup>(c)</sup><br>| 437591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236717 |
| Star Entertainment Group Ltd. (The)<sup>(c)</sup><br>| 375437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;513230 |
| Steadfast Group Ltd.<br>| 131310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487570 |
| Super Retail Group Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;70321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;633471 |
| TPG Telecom Ltd.<br>| 162423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;554098 |
| United Malt Grp Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;97538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251428 |
| Viva Energy Group Ltd.<sup>(b)</sup><br>| 339142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;699259 |
| Washington H Soul Pattinson & Co. Ltd.<br>| &nbsp;&nbsp;47335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;963118 |
| Waypoint REIT Ltd.<br>| 227501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;448346 |
| Webjet Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;59907 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290881 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;40704912 |
| **Austria-0.51%** | **Austria-0.51%** | **Austria-0.51%** |
| AT&S Austria Technologie & Systemtechnik AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;6508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223447 |
| CA Immobilien Anlagen AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;7391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230699 |
| EVN AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;9572 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202102 |
| Immofinanz AG<sup>(c)</sup><br>| &nbsp;&nbsp;14231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191495 |
| Kontron AG<sup>(a)</sup><br>| &nbsp;&nbsp;15812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320270 |
| Lenzing AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;4023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284959 |
| Mayr Melnhof Karton AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157681 |
| Oesterreichische Post AG<sup>(a)</sup><br>| &nbsp;&nbsp;10778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;382768 |
| S IMMO AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;1991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28586 |
| UNIQA Insurance Group AG<br>| &nbsp;&nbsp;30426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255281 |
| Verbund AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;6828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;582039 |
| Vienna Insurance Group AG Wiener Versicherung Gruppe<br>| &nbsp;&nbsp;&nbsp;&nbsp;6301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171149 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3030476 |
| **Belgium-1.12%** | **Belgium-1.12%** | **Belgium-1.12%** |
| Ackermans & van Haaren N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4885 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;844083 |
| Aedifica S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;431881 |
| Barco N.V.<br>| &nbsp;&nbsp;19036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;482334 |
| Bekaert S.A.<br>| &nbsp;&nbsp;12585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;529240 |
| bpost S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;77755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;419527 |
| Cie d'Entreprises CFE<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25520 |
| Deme Group N.V.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327256 |

---

See accompanying notes which are an integral part of this schedule.

------

### Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN)—(continued)<br>
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Belgium-(continued)** | **Belgium-(continued)** | **Belgium-(continued)** |
| D'Ieteren Group<br>| &nbsp;&nbsp;&nbsp;&nbsp;4372 | &nbsp;&nbsp;&nbsp;$832242 |
| Fagron<br>| &nbsp;&nbsp;11508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169951 |
| Galapagos N.V.<sup>(c)</sup><br>| &nbsp;&nbsp;10001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440418 |
| KBC Ancora<br>| &nbsp;&nbsp;&nbsp;&nbsp;8499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415922 |
| Melexis N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385680 |
| Montea N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140889 |
| Ontex Group N.V.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;35898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277977 |
| Recticel S.A.<br>| &nbsp;&nbsp;11510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215897 |
| Shurgard Self Storage S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190957 |
| Warehouses De Pauw C.V.A.<sup>(a)</sup><br>| &nbsp;&nbsp;18577 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;589211 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;6718985 |
| **Burkina Faso-0.11%** | **Burkina Faso-0.11%** | **Burkina Faso-0.11%** |
| Endeavour Mining PLC<br>| &nbsp;&nbsp;27615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;649000 |
| **Cambodia-0.03%** | **Cambodia-0.03%** | **Cambodia-0.03%** |
| NagaCorp Ltd.<sup>(c)</sup><br>| 223196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203590 |
| **Canada-8.24%** | **Canada-8.24%** | **Canada-8.24%** |
| Advantage Energy Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;59975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373060 |
| Aecon Group, Inc.<br>| &nbsp;&nbsp;44037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369959 |
| Ag Growth International, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345406 |
| Alamos Gold, Inc., Class A<br>| 110806 | &nbsp;&nbsp;&nbsp;&nbsp;1219045 |
| Altus Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232778 |
| Aritzia, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;5195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186839 |
| Artis REIT<br>| &nbsp;&nbsp;54435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387554 |
| ATS Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;9487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383078 |
| Aurora Cannabis, Inc.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;88794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92497 |
| AutoCanada, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;16526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;331920 |
| Badger Infrastructure Solutions Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209013 |
| Ballard Power Systems, Inc.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;19159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125061 |
| Baytex Energy Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;62206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287173 |
| Birchcliff Energy Ltd.<br>| &nbsp;&nbsp;96286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;615520 |
| BlackBerry Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;69942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297726 |
| Boardwalk REIT, Class E<br>| &nbsp;&nbsp;14098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;593989 |
| Boralex, Inc., Class A<br>| &nbsp;&nbsp;16059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;448066 |
| Boyd Group Services, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3854 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;587711 |
| Brookfield Infrastructure Corp., Class A<br>| &nbsp;&nbsp;13953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;614545 |
| BRP, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;529210 |
| Canaccord Genuity Group, Inc.<br>| &nbsp;&nbsp;35338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304823 |
| Canadian Western Bank<sup>(a)</sup><br>| &nbsp;&nbsp;34810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;733584 |
| Canfor Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;35667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;673860 |
| Canopy Growth Corp.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;52795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159451 |
| Capstone Copper Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;49973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244556 |
| Cargojet, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125012 |
| Cascades, Inc.<br>| &nbsp;&nbsp;39209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270630 |
| Celestica, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;83620 | &nbsp;&nbsp;&nbsp;&nbsp;1110463 |
| Centerra Gold, Inc.<br>| &nbsp;&nbsp;84496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540785 |
| CES Energy Solutions Corp.<br>| &nbsp;&nbsp;93164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202477 |
| Chartwell Retirement Residences<br>| &nbsp;&nbsp;75302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;553612 |
| Chemtrade Logistics Income Fund<br>| &nbsp;&nbsp;54696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;414826 |
| Choice Properties REIT<br>| &nbsp;&nbsp;62232 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;698177 |
| Chorus Aviation, Inc.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;62124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167607 |
| Cineplex, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;49067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321389 |
| Cogeco Communications, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196252 |
| Cogeco, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125656 |
| Colliers International Group, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3359 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359299 |
| Corus Entertainment, Inc., Class B<sup>(a)</sup><br>| 166309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280433 |
| Crew Energy, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;82549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285196 |
| Crombie REIT<sup>(a)</sup><br>| &nbsp;&nbsp;27593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341617 |
| Cronos Group, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;56739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142873 |
| CT REIT<sup>(a)</sup><br>| &nbsp;&nbsp;18615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229488 |
| Descartes Systems Group, Inc. (The)<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;5116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372289 |
| Doman Building Materials Group Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;43928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244273 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Canada-(continued)** | **Canada-(continued)** | **Canada-(continued)** |
| Dorel Industries, Inc., Class B<br>| &nbsp;&nbsp;46542 | &nbsp;&nbsp;&nbsp;$192188 |
| Dream Industrial REIT<sup>(a)</sup><br>| &nbsp;&nbsp;34709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364167 |
| Dream Office REIT<br>| &nbsp;&nbsp;20441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250926 |
| DREAM Unlimited Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116630 |
| Dundee Precious Metals, Inc.<br>| &nbsp;&nbsp;44366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288935 |
| ECN Capital Corp.<br>| &nbsp;&nbsp;52822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115592 |
| Enerflex Ltd.<br>| &nbsp;&nbsp;33890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243822 |
| Enerplus Corp.<br>| &nbsp;&nbsp;43252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;765301 |
| Enghouse Systems Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172180 |
| EQB, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288399 |
| Equinox Gold Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;56170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256361 |
| Exchange Income Corp.<br>| &nbsp;&nbsp;13297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;552468 |
| Extendicare, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;37906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190617 |
| Fiera Capital Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;34209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240733 |
| First Majestic Silver Corp.<br>| &nbsp;&nbsp;19817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156088 |
| First National Financial Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;5805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170841 |
| FirstService Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;511731 |
| Fortuna Silver Mines, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;86375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332722 |
| Freehold Royalties Ltd.<br>| &nbsp;&nbsp;17173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206949 |
| GFL Environmental, Inc.<br>| &nbsp;&nbsp;19010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;584967 |
| goeasy Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145528 |
| Granite REIT<br>| &nbsp;&nbsp;11736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;716201 |
| Home Capital Group, Inc.<br>| &nbsp;&nbsp;17851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567497 |
| Hudbay Minerals, Inc.<br>| &nbsp;&nbsp;93639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;542458 |
| Innergex Renewable Energy, Inc.<br>| &nbsp;&nbsp;28899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342625 |
| Interfor Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;22063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;439987 |
| International Petroleum Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;39030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;419740 |
| InterRent REIT<sup>(a)</sup><br>| &nbsp;&nbsp;30622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330695 |
| Ivanhoe Mines Ltd., Class A<sup>(c)</sup><br>| &nbsp;&nbsp;28958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271274 |
| Kelt Exploration Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;47279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161925 |
| Killam Apartment REIT<sup>(a)</sup><br>| &nbsp;&nbsp;30530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420993 |
| Labrador Iron Ore Royalty Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8358 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244473 |
| Laurentian Bank of Canada<sup>(a)</sup><br>| &nbsp;&nbsp;28986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;777029 |
| Lightspeed Commerce, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;14456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260768 |
| Maple Leaf Foods, Inc.<br>| &nbsp;&nbsp;26719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506406 |
| Martinrea International, Inc.<br>| &nbsp;&nbsp;50749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489481 |
| Mullen Group Ltd.<br>| &nbsp;&nbsp;49506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;522385 |
| New Gold, Inc.<sup>(c)</sup><br>| 139594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164247 |
| NFI Group, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;49610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;401907 |
| North West Co., Inc. (The)<br>| &nbsp;&nbsp;19172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520698 |
| NorthWest Healthcare Properties REIT<sup>(a)</sup><br>| &nbsp;&nbsp;54515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411411 |
| Nuvei Corp.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130946 |
| NuVista Energy Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;62559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;522751 |
| Obsidian Energy Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;24236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160199 |
| Osisko Gold Royalties Ltd.<br>| &nbsp;&nbsp;27174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;362700 |
| Pan American Silver Corp.<br>| &nbsp;&nbsp;39732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;722075 |
| Paramount Resources Ltd., Class A<br>| &nbsp;&nbsp;14636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337395 |
| Pason Systems, Inc.<br>| &nbsp;&nbsp;25612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;302887 |
| Peyto Exploration & Development Corp.<sup>(a)</sup><br>| 105439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;958500 |
| PrairieSky Royalty Ltd.<br>| &nbsp;&nbsp;42515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;728364 |
| Precision Drilling Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;12420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;987196 |
| Premium Brands Holdings Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;547077 |
| Richelieu Hardware Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198569 |
| Ritchie Bros. Auctioneers, Inc.<br>| &nbsp;&nbsp;16770 | &nbsp;&nbsp;&nbsp;&nbsp;1011215 |
| Russel Metals, Inc.<br>| &nbsp;&nbsp;25973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;630858 |
| Sandstorm Gold Ltd.<br>| &nbsp;&nbsp;28592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165422 |
| Secure Energy Services, Inc.<br>| &nbsp;&nbsp;92670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;562541 |
| ShawCor Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;55916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;595052 |
| Sienna Senior Living, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;28172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257577 |
| Silvercorp Metals, Inc.<br>| &nbsp;&nbsp;50866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176498 |
| Slate Grocery REIT, Class U<br>| &nbsp;&nbsp;14585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174340 |
| Sleep Country Canada Holdings, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;10042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194842 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Canada-(continued)** | **Canada-(continued)** | **Canada-(continued)** |
| Spin Master Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5877 | &nbsp;&nbsp;&nbsp;&nbsp;$153978 |
| Stelco Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;13731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;532734 |
| Stella-Jones, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;22179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;804817 |
| Summit Industrial Income REIT<br>| &nbsp;&nbsp;&nbsp;&nbsp;21356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;366190 |
| Superior Plus Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;92739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;747834 |
| Torex Gold Resources, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;44144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;605084 |
| Toromont Industries Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;12221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;973485 |
| TransAlta Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;97100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;940182 |
| TransAlta Renewables, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;25815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236801 |
| Transcontinental, Inc., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;33054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368354 |
| Tricon Residential, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;33040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285991 |
| Uni-Select, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;17822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;529979 |
| Western Forest Products, Inc.<br>| &nbsp;&nbsp;&nbsp;192670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205037 |
| Westshore Terminals Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;10729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197076 |
| Whitecap Resources, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;39372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327227 |
| Winpak Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288227 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;49278123 |
| **China-1.19%** | **China-1.19%** | **China-1.19%** |
| BeiGene Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;24500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;484072 |
| Budweiser Brewing Co. APAC Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;247667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;780422 |
| CapitaLand China Trust<br>| &nbsp;&nbsp;&nbsp;426750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;407471 |
| China Travel International Investment Hong Kong Ltd.<sup>(a)(c)</sup><br>| 1006000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215000 |
| Chow Tai Fook Jewellery Group Ltd.<br>| &nbsp;&nbsp;&nbsp;451619 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;968087 |
| ESR Group Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;139289 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280280 |
| FIH Mobile Ltd.<sup>(c)</sup><br>| 1449774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154407 |
| Jinchuan Group International Resources Co. Ltd.<br>| 2021000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199975 |
| Kerry Logistics Network Ltd.<br>| &nbsp;&nbsp;&nbsp;119208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233560 |
| Lee & Man Paper Manufacturing Ltd.<br>| &nbsp;&nbsp;&nbsp;342969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150077 |
| Minth Group Ltd.<br>| &nbsp;&nbsp;&nbsp;169131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;494109 |
| MMG Ltd.<sup>(c)</sup><br>| 1364023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;444681 |
| Nexteer Automotive Group Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;488788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;357178 |
| Powerlong Real Estate Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;359000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80149 |
| SITC International Holdings Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;143123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;311861 |
| TI Fluid Systems PLC<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;56002 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82044 |
| Towngas Smart Energy Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;571000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297486 |
| Uni-President China Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;360349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346624 |
| Want Want China Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;802444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;523532 |
| Wharf Holdings Ltd. (The)<br>| &nbsp;&nbsp;&nbsp;110048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286402 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7097417 |
| **Colombia-0.14%** | **Colombia-0.14%** | **Colombia-0.14%** |
| Frontera Energy Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;19632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178613 |
| Parex Resources, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;37846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;642419 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;821032 |
| **Denmark-1.74%** | **Denmark-1.74%** | **Denmark-1.74%** |
| Alm Brand A/S<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;287553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;533145 |
| Bavarian Nordic A/S<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308896 |
| D/S Norden A/S<br>| &nbsp;&nbsp;&nbsp;&nbsp;17983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;966680 |
| Demant A/S<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;12061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341108 |
| Dfds A/S<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350866 |
| FLSmidth & Co. A/S<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;31849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1362608 |
| GN Store Nord A/S<br>| &nbsp;&nbsp;&nbsp;&nbsp;14457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;356246 |
| H Lundbeck A/S<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;112045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;414824 |
| H Lundbeck A/S, Class A<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;27992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96279 |
| Matas A/S<br>| &nbsp;&nbsp;&nbsp;&nbsp;13561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147405 |
| NKT A/S<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;14181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;882120 |
| Per Aarsleff Holding A/S<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209917 |
| Ringkjoebing Landbobank A/S<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625261 |
| Rockwool A/S, Class B<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379533 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Denmark-(continued)** | **Denmark-(continued)** | **Denmark-(continued)** |
| Royal Unibrew A/S<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;7360 | &nbsp;&nbsp;&nbsp;&nbsp;$514355 |
| Scandinavian Tobacco Group A/S<sup>(b)</sup><br>| &nbsp;&nbsp;16079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279488 |
| Schouw & Co. A/S<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249077 |
| SimCorp A/S<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308466 |
| Spar Nord Bank A/S<br>| &nbsp;&nbsp;16276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259168 |
| Sydbank A/S<br>| &nbsp;&nbsp;23723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1078633 |
| Topdanmark A/S<br>| &nbsp;&nbsp;13653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;736622 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;10400697 |
| **Egypt-0.18%** | **Egypt-0.18%** | **Egypt-0.18%** |
| Centamin PLC<br>| 801485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1099671 |
| **Faroe Islands-0.09%** | **Faroe Islands-0.09%** | **Faroe Islands-0.09%** |
| Bakkafrost P/F<br>| &nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;557468 |
| **Finland-1.17%** | **Finland-1.17%** | **Finland-1.17%** |
| Cargotec OYJ, Class B<br>| &nbsp;&nbsp;23730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1207721 |
| Citycon OYJ<sup>(a)</sup><br>| &nbsp;&nbsp;34512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259828 |
| Finnair OYJ<sup>(a)(c)</sup><br>| 534693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300804 |
| Kemira OYJ<br>| &nbsp;&nbsp;23425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380068 |
| Kojamo OYJ<sup>(a)</sup><br>| &nbsp;&nbsp;45101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;692832 |
| Konecranes OYJ<br>| &nbsp;&nbsp;28096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;915960 |
| Metsa Board OYJ<br>| &nbsp;&nbsp;50593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;451169 |
| Metso Outotec OYJ<br>| &nbsp;&nbsp;81509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;933093 |
| Terveystalo OYJ<sup>(a)(b)</sup><br>| &nbsp;&nbsp;16064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124916 |
| TietoEVRY OYJ<br>| &nbsp;&nbsp;35188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1070965 |
| Tokmanni Group Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;18492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237980 |
| Uponor OYJ<sup>(a)</sup><br>| &nbsp;&nbsp;13844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246504 |
| YIT OYJ<sup>(a)</sup><br>| &nbsp;&nbsp;60632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177280 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6999120 |
| **France-3.20%** | **France-3.20%** | **France-3.20%** |
| ALD S.A.<sup>(b)</sup><br>| &nbsp;&nbsp;27308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342252 |
| Alten S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;767573 |
| BioMerieux<br>| &nbsp;&nbsp;&nbsp;&nbsp;5429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;553126 |
| Casino Guichard Perrachon S.A.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;43197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;531030 |
| Cie Plastic Omnium S.A.<br>| &nbsp;&nbsp;29214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;510443 |
| Coface S.A.<sup>(c)</sup><br>| &nbsp;&nbsp;45595 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;636613 |
| Dassault Aviation S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1052197 |
| Derichebourg S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;37564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257860 |
| Elior Group S.A.<sup>(a)(b)(c)</sup><br>| &nbsp;&nbsp;95373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328141 |
| Eramet S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289231 |
| Fnac Darty S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256858 |
| Gaztransport Et Technigaz S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;514793 |
| ICADE<br>| &nbsp;&nbsp;13258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;630256 |
| Imerys S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;17179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;711903 |
| Ipsen S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652378 |
| Ipsos<br>| &nbsp;&nbsp;10412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;673804 |
| JCDecaux SE<sup>(c)</sup><br>| &nbsp;&nbsp;14631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330194 |
| Korian S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;24545 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256893 |
| La Francaise des Jeux SAEM<sup>(b)</sup><br>| &nbsp;&nbsp;15366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;656249 |
| Lagardere S.A.<br>| &nbsp;&nbsp;12933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287445 |
| Maisons du Monde S.A.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;18291 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224404 |
| Mercialys S.A.<br>| &nbsp;&nbsp;50173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;556937 |
| Metropole Television S.A.<br>| &nbsp;&nbsp;12835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204357 |
| Nexans S.A.<br>| &nbsp;&nbsp;11120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1175391 |
| Nexity S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;13550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408221 |
| Remy Cointreau S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;513373 |
| Sartorius Stedim Biotech<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257218 |
| SMCP S.A.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;42878 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;339941 |
| Societe BIC S.A.<br>| &nbsp;&nbsp;10288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746121 |
| SOITEC<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242023 |
| Somfy S.A.<sup>(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162139 |
| Sopra Steria Group SACA<br>| &nbsp;&nbsp;&nbsp;&nbsp;4145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;687621 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **France-(continued)** | **France-(continued)** | **France-(continued)** |
| Television Francaise 1<sup>(a)</sup><br>| &nbsp;&nbsp;33309 | &nbsp;&nbsp;&nbsp;&nbsp;$266670 |
| Trigano S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272002 |
| Vallourec S.A.<sup>(c)</sup><br>| &nbsp;&nbsp;63674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;927026 |
| Verallia S.A.<sup>(b)</sup><br>| &nbsp;&nbsp;22330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;821641 |
| Virbac S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;574 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174016 |
| Wendel SE<br>| &nbsp;&nbsp;&nbsp;&nbsp;8467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;895542 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;19113882 |
| **Germany-4.66%** | **Germany-4.66%** | **Germany-4.66%** |
| 1&1 AG<br>| &nbsp;&nbsp;14034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195987 |
| ADLER Group S.A.<sup>(a)(b)(c)</sup><br>| &nbsp;&nbsp;79044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119755 |
| ADVA Optical Networking SE<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;5222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127605 |
| Amadeus Fire AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;1036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143908 |
| Auto1 Group SE<sup>(b)(c)</sup><br>| &nbsp;&nbsp;17960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144526 |
| Bechtle AG<br>| &nbsp;&nbsp;17705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;742688 |
| Bilfinger SE<br>| &nbsp;&nbsp;15896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;544190 |
| CANCOM SE<br>| &nbsp;&nbsp;&nbsp;&nbsp;8442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289728 |
| Carl Zeiss Meditec AG, BR<br>| &nbsp;&nbsp;&nbsp;&nbsp;2549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365283 |
| CECONOMY AG<sup>(a)</sup><br>| 128963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313735 |
| CompuGroup Medical SE & Co. KGaA<br>| &nbsp;&nbsp;&nbsp;&nbsp;4077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190042 |
| Corestate Capital Holding S.A.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;14262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8953 |
| CTS Eventim AG & Co. KGaA<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;433174 |
| Deutsche EuroShop AG<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109871 |
| Deutsche Pfandbriefbank AG<sup>(b)</sup><br>| &nbsp;&nbsp;67128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;609939 |
| Deutsche Wohnen SE<br>| &nbsp;&nbsp;14958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352506 |
| Deutz AG<br>| &nbsp;&nbsp;65719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;357584 |
| DIC Asset AG<br>| &nbsp;&nbsp;12004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115537 |
| Draegerwerk AG & Co. KGaA<br>| &nbsp;&nbsp;&nbsp;&nbsp;1357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54722 |
| Draegerwerk AG & Co. KGaA, Preference Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;3989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178211 |
| Duerr AG<br>| &nbsp;&nbsp;24105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;915399 |
| DWS Group GmbH & Co. KGaA<sup>(b)</sup><br>| &nbsp;&nbsp;18216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652382 |
| ElringKlinger AG<br>| &nbsp;&nbsp;22378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193821 |
| Encavis AG<br>| &nbsp;&nbsp;18972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364804 |
| Evotec SE<sup>(c)</sup><br>| &nbsp;&nbsp;11762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229807 |
| Fielmann AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;5722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214893 |
| Fraport AG Frankfurt Airport Services Worldwide<sup>(c)</sup><br>| &nbsp;&nbsp;13083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;740445 |
| Fuchs Petrolub SE<br>| &nbsp;&nbsp;&nbsp;&nbsp;8583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283376 |
| Fuchs Petrolub SE, Preference Shares<br>| &nbsp;&nbsp;18591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;738578 |
| Gerresheimer AG<br>| &nbsp;&nbsp;10717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;788855 |
| Grand City Properties S.A.<br>| &nbsp;&nbsp;45938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;488054 |
| GRENKE AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;7058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204564 |
| Heidelberger Druckmaschinen AG<sup>(a)(c)</sup><br>| 207807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;423354 |
| Hella GmbH & Co. KGaA<br>| &nbsp;&nbsp;&nbsp;&nbsp;8224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;689972 |
| HelloFresh SE<sup>(c)</sup><br>| &nbsp;&nbsp;10175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245964 |
| Hornbach Holding AG & Co. KGaA<br>| &nbsp;&nbsp;&nbsp;&nbsp;4274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377955 |
| Instone Real Estate Group SE<sup>(b)</sup><br>| &nbsp;&nbsp;14769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149973 |
| Jenoptik AG<br>| &nbsp;&nbsp;11663 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360626 |
| Jungheinrich AG, Preference Shares<br>| &nbsp;&nbsp;14538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;574632 |
| Kloeckner & Co. SE<br>| &nbsp;&nbsp;61632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;647051 |
| Krones AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;5043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;586867 |
| Leoni AG<sup>(a)(c)</sup><br>| &nbsp;&nbsp;23075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148860 |
| METRO AG<sup>(c)</sup><br>| &nbsp;&nbsp;66749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;653885 |
| MorphoSys AG<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;7343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146538 |
| Nemetschek SE<br>| &nbsp;&nbsp;&nbsp;&nbsp;2203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117097 |
| Nordex SE<sup>(a)(c)</sup><br>| &nbsp;&nbsp;54045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;815282 |
| Norma Group SE<br>| &nbsp;&nbsp;&nbsp;&nbsp;8706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186759 |
| Rational AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229755 |
| Sartorius AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22359 |
| Sartorius AG, Preference Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380568 |
| Schaeffler AG, Preference Shares<br>| &nbsp;&nbsp;92759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;661868 |
| Scout24 SE<sup>(b)</sup><br>| &nbsp;&nbsp;18303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1061087 |
| Siltronic AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;6431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;532211 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Germany-(continued)** | **Germany-(continued)** | **Germany-(continued)** |
| Sirius Real Estate Ltd.<br>| &nbsp;&nbsp;&nbsp;201707 | &nbsp;&nbsp;&nbsp;&nbsp;$210314 |
| Sixt SE<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;406729 |
| Sixt SE, Preference Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322480 |
| Software AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;15695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;436161 |
| Softwareone Holding AG<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;38753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;621313 |
| Stabilus SE<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255815 |
| Stroeer SE & Co. KGaA<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347891 |
| Suedzucker AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;42821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;692936 |
| Synlab AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;15768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172694 |
| Talanx AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;16492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;812450 |
| TeamViewer AG<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;13438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187975 |
| Traton SE<br>| &nbsp;&nbsp;&nbsp;&nbsp;22104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380684 |
| Vantage Towers AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;13965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;509298 |
| Vitesco Technologies Group AG<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;20620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1424292 |
| Wacker Chemie AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;699041 |
| Wacker Neuson SE<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183629 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;27889287 |
| **Ghana-0.04%** | **Ghana-0.04%** | **Ghana-0.04%** |
| Tullow Oil PLC<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;497319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221267 |
| **Hong Kong-1.62%** | **Hong Kong-1.62%** | **Hong Kong-1.62%** |
| ASMPT Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;98158 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;811295 |
| Bank of East Asia Ltd. (The)<br>| &nbsp;&nbsp;&nbsp;156197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200463 |
| Cathay Pacific Airways Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;377307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375451 |
| CK Infrastructure Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;127763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;713214 |
| Cowell e Holdings, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;318550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;624213 |
| DFI Retail Group Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;61432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196580 |
| Hang Lung Properties Ltd.<br>| &nbsp;&nbsp;&nbsp;408862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;769888 |
| Huabao International Holdings Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;508692 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259585 |
| Hysan Development Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;105937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;356117 |
| Kerry Properties Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;95684 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243448 |
| Man Wah Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;320298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;371439 |
| Melco International Development Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;224406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290866 |
| Orient Overseas International Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;31000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;515802 |
| Pacific Basin Shipping Ltd.<br>| &nbsp;&nbsp;&nbsp;978375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345637 |
| PCCW Ltd.<br>| &nbsp;&nbsp;&nbsp;474311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233267 |
| Singamas Container Holdings Ltd.<br>| 1210000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112687 |
| Sino Land Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;381667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;495675 |
| Swire Pacific Ltd., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;79500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;727262 |
| Swire Pacific Ltd., Class B<br>| &nbsp;&nbsp;&nbsp;142500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197638 |
| Swire Properties Ltd.<br>| &nbsp;&nbsp;&nbsp;217850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;613744 |
| Truly International Holdings Ltd.<br>| 1182000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206301 |
| United Energy Group Ltd.<sup>(a)</sup><br>| 2274000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223381 |
| Vinda International Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207149 |
| Vitasoy International Holdings Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;182545 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387514 |
| VTech Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;34268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226455 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9705071 |
| **Iraq-0.03%** | **Iraq-0.03%** | **Iraq-0.03%** |
| Gulf Keystone Petroleum Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;71932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183753 |
| **Ireland-0.47%** | **Ireland-0.47%** | **Ireland-0.47%** |
| AIB Group PLC<br>| &nbsp;&nbsp;&nbsp;362130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1513948 |
| C&C Group PLC<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;109810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217652 |
| Dalata Hotel Group PLC<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;39331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165900 |
| Glanbia PLC<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;53896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;655578 |
| Glenveagh Properties PLC<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;139226 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142285 |
| Greencore Group PLC<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;110910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108138 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2803501 |
| **Israel-1.90%** | **Israel-1.90%** | **Israel-1.90%** |
| Airport City Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;15954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252303 |
| Alony Hetz Properties & Investments Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;23370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250280 |
| Amot Investments Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;29609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173355 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Israel-(continued)** | **Israel-(continued)** | **Israel-(continued)** |
| Ashtrom Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7290 | &nbsp;&nbsp;&nbsp;&nbsp;$137708 |
| Azrieli Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397176 |
| Big Shopping Centers Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111248 |
| Clal Insurance Enterprises Holdings Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;15843 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271352 |
| Delek Group Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;516394 |
| El Al Israel Airlines<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;172772 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189659 |
| Elbit Systems Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;838617 |
| Elco Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2056 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95430 |
| Electra Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167301 |
| FIBI Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160226 |
| First International Bank of Israel Ltd. (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;16441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;662994 |
| Formula Systems 1985 Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172144 |
| G City Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;44111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171913 |
| Harel Insurance Investments & Financial Services Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;36276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350384 |
| Isracard Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;46526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156189 |
| Israel Corp. Ltd. (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325072 |
| Matrix IT Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130147 |
| Melisron Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248945 |
| Migdal Insurance & Financial Holdings Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;111350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136890 |
| Mivne Real Estate KD Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;99345 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;318123 |
| Nice Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;876704 |
| Norstar Holdings, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;19194 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70865 |
| Nova Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138404 |
| Oil Refineries Ltd.<br>| 1141797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394063 |
| Partner Communications Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;35660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255975 |
| Paz Oil Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2572 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319690 |
| Phoenix Holdings Ltd. (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;43414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;465816 |
| Plus500 Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;40060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;916820 |
| Reit 1 Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;31088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153671 |
| Shikun & Binui Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;53813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157728 |
| Shufersal Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;53520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300303 |
| Strauss Group Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212270 |
| Tower Semiconductor Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;21292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;895136 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;11391295 |
| **Italy-3.05%** | **Italy-3.05%** | **Italy-3.05%** |
| ACEA S.p.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;16943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259352 |
| Amplifon S.p.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;10666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294010 |
| Anima Holding S.p.A.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;108927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;479194 |
| Autogrill S.p.A.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;88630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;645179 |
| Banca Generali S.p.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;19713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;725120 |
| Banca IFIS S.p.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;19528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327113 |
| Banca Mediolanum S.p.A.<br>| &nbsp;&nbsp;&nbsp;104309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;995326 |
| Banca Monte dei Paschi di Siena S.p.A.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;22745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60520 |
| Banca Popolare di Sondrio S.p.A.<br>| &nbsp;&nbsp;&nbsp;112063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;549260 |
| BFF Bank S.p.A.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;65006 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;599777 |
| Brembo S.p.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;48743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657117 |
| Buzzi Unicem S.p.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;43680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;983239 |
| Danieli & C. Officine Meccaniche S.p.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105975 |
| Danieli & C. Officine Meccaniche S.p.A., RSP<br>| &nbsp;&nbsp;&nbsp;&nbsp;13325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249161 |
| Davide Campari-Milano N.V.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;52684 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;563337 |
| De' Longhi S.p.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;18204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;419210 |
| DiaSorin S.p.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316078 |
| Enav S.p.A.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;73791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;339736 |
| ERG S.p.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;25049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;756423 |
| Esprinet S.p.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;35146 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278510 |
| Infrastrutture Wireless Italiane S.p.A.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;69671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;763053 |
| Interpump Group S.p.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;11547 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;601249 |
| Iren S.p.A.<br>| &nbsp;&nbsp;&nbsp;283200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;512374 |
| Maire Tecnimont S.p.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;96876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372464 |
| MFE-MediaForEurope N.V., Class A<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;469068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205458 |
| MFE-MediaForEurope N.V., Class B<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;271283 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183258 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Italy-(continued)** | **Italy-(continued)** | **Italy-(continued)** |
| Nexi S.p.A.<sup>(a)(b)(c)</sup><br>| &nbsp;&nbsp;32255 | &nbsp;&nbsp;&nbsp;&nbsp;$284929 |
| OVS S.p.A.<sup>(b)</sup><br>| 168161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;403687 |
| Piaggio & C S.p.A.<br>| &nbsp;&nbsp;87189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328298 |
| PRADA S.p.A.<br>| &nbsp;&nbsp;80913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;516638 |
| Recordati Industria Chimica e Farmaceutica S.p.A.<br>| &nbsp;&nbsp;16671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;727540 |
| Reply S.p.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252788 |
| Salvatore Ferragamo S.p.A.<sup>(a)</sup><br>| &nbsp;&nbsp;14463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286353 |
| Saras S.p.A.<sup>(c)</sup><br>| 916557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1590013 |
| Sesa S.p.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167734 |
| Technogym S.p.A.<sup>(b)</sup><br>| &nbsp;&nbsp;29031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257100 |
| Unieuro S.p.A.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;23292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285857 |
| UnipolSai Assicurazioni S.p.A.<sup>(a)</sup><br>| 195281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;518118 |
| Webuild S.p.A.<sup>(a)</sup><br>| 221588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;388900 |
| Webuild S.p.A., Wts., expiring 08/02/2030<sup>(c)(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;18249448 |
| **Japan-29.66%** | **Japan-29.66%** | **Japan-29.66%** |
| 77 Bank Ltd. (The)<br>| &nbsp;&nbsp;20796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;371327 |
| ABC-Mart, Inc.<br>| &nbsp;&nbsp;11260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;605232 |
| Acom Co. Ltd.<br>| 185984 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463616 |
| Activia Properties, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;668324 |
| Adastria Co. Ltd.<br>| &nbsp;&nbsp;19757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333722 |
| ADEKA Corp.<br>| &nbsp;&nbsp;21757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368275 |
| Advance Residence Investment Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;736618 |
| Aeon Delight Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164223 |
| AEON Financial Service Co. Ltd.<br>| &nbsp;&nbsp;69004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;699833 |
| Aeon Mall Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;65307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920402 |
| AEON REIT Investment Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;465 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;514310 |
| Aica Kogyo Co. Ltd.<br>| &nbsp;&nbsp;11392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275644 |
| Aichi Financial Group, Inc.<br>| &nbsp;&nbsp;16576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294441 |
| Aiful Corp.<sup>(a)</sup><br>| 111614 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337393 |
| Ain Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;431446 |
| Air Water, Inc.<br>| &nbsp;&nbsp;59815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;731215 |
| Alconix Corp.<br>| &nbsp;&nbsp;23810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255637 |
| Alfresa Holdings Corp.<br>| &nbsp;&nbsp;57537 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720061 |
| Alpen Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;11400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170867 |
| Amano Corp.<br>| &nbsp;&nbsp;10697 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195719 |
| Anritsu Corp.<br>| &nbsp;&nbsp;37579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;358033 |
| Aoyama Trading Co. Ltd.<br>| &nbsp;&nbsp;53192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372437 |
| Arclands Corp.<br>| &nbsp;&nbsp;15036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169808 |
| Ariake Japan Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150103 |
| As One Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157969 |
| Asahi Holdings, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;31144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490678 |
| Asahi Intecc Co. Ltd.<br>| &nbsp;&nbsp;13257 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232601 |
| Asanuma Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;11620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291983 |
| Asics Corp.<br>| &nbsp;&nbsp;49970 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1192333 |
| ASKUL Corp.<br>| &nbsp;&nbsp;20153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266696 |
| Autobacs Seven Co. Ltd.<br>| &nbsp;&nbsp;23736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264475 |
| Avex, Inc.<br>| &nbsp;&nbsp;19938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269140 |
| Azbil Corp.<br>| &nbsp;&nbsp;27786 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;785053 |
| Bank of Kyoto Ltd. (The)<br>| &nbsp;&nbsp;20045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;933716 |
| Bell System24 Holdings, Inc.<br>| &nbsp;&nbsp;16534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190504 |
| Benesse Holdings, Inc.<br>| &nbsp;&nbsp;20683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316953 |
| Bic Camera, Inc.<br>| &nbsp;&nbsp;61143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;577966 |
| BIPROGY, Inc.<br>| &nbsp;&nbsp;23524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;614447 |
| BML, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188764 |
| Calbee, Inc.<br>| &nbsp;&nbsp;28169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;635749 |
| Canon Marketing Japan, Inc.<br>| &nbsp;&nbsp;12590 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298844 |
| Capcom Co. Ltd.<br>| &nbsp;&nbsp;18483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;598094 |
| Chiyoda Corp.<sup>(a)(c)</sup><br>| 104648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;311172 |
| Chugin Financial Group, Inc.<br>| &nbsp;&nbsp;27825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201768 |
| Chugoku Electric Power Co., Inc. (The)<br>| 122335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;669484 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Japan-(continued)** | **Japan-(continued)** | **Japan-(continued)** |
| Citizen Watch Co. Ltd.<br>| 175334 | &nbsp;&nbsp;&nbsp;$833980 |
| CKD Corp.<br>| &nbsp;&nbsp;22005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340603 |
| CMK Corp.<br>| &nbsp;&nbsp;33750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132411 |
| Coca-Cola Bottlers Japan Holdings, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;51285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540121 |
| Colowide Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;23036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326355 |
| Comforia Residential REIT, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327001 |
| Cosmo Energy Holdings Co. Ltd.<br>| &nbsp;&nbsp;36889 | &nbsp;&nbsp;&nbsp;&nbsp;1033368 |
| Cosmos Pharmaceutical Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;453438 |
| CyberAgent, Inc.<br>| &nbsp;&nbsp;66867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;627156 |
| Daicel Corp.<br>| &nbsp;&nbsp;80916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597755 |
| Daido Steel Co. Ltd.<br>| &nbsp;&nbsp;11516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;435891 |
| Daihen Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178160 |
| Daiichikosho Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228341 |
| Daiki Aluminium Industry Co. Ltd.<br>| &nbsp;&nbsp;16410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181518 |
| Daio Paper Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;17148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132548 |
| Daiseki Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278886 |
| Daiwa Office Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385905 |
| Daiwa Securities Living Investments Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;407809 |
| Daiwabo Holdings Co. Ltd.<br>| &nbsp;&nbsp;22464 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340431 |
| DCM Holdings Co. Ltd.<br>| &nbsp;&nbsp;28626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260406 |
| DeNA Co. Ltd.<br>| &nbsp;&nbsp;38800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545064 |
| Denka Co. Ltd.<br>| &nbsp;&nbsp;34190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;709909 |
| Descente Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215392 |
| Dexerials Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;9941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212328 |
| DIC Corp.<br>| &nbsp;&nbsp;24104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;448361 |
| Digital Garage, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182043 |
| DMG Mori Co. Ltd.<br>| &nbsp;&nbsp;65271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;995379 |
| Doutor Nichires Holdings Co. Ltd.<br>| &nbsp;&nbsp;14791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213068 |
| DTS Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201618 |
| Duskin Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183016 |
| DyDo Group Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146651 |
| Earth Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154504 |
| EDION Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;39412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;389576 |
| Elecom Co. Ltd.<br>| &nbsp;&nbsp;15523 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163566 |
| en Japan, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128688 |
| Exedy Corp.<br>| &nbsp;&nbsp;12248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165226 |
| EXEO Group, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;30792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;560168 |
| Ezaki Glico Co. Ltd.<br>| &nbsp;&nbsp;14736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411990 |
| Fancl Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182365 |
| FCC Co. Ltd.<br>| &nbsp;&nbsp;15712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175278 |
| Financial Products Group Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;23861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195359 |
| Food & Life Cos. Ltd.<br>| &nbsp;&nbsp;13232 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294899 |
| FP Corp.<br>| &nbsp;&nbsp;11496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312740 |
| Frontier Real Estate Investment Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;501680 |
| Fuji Corp.<br>| &nbsp;&nbsp;36117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;601130 |
| Fuji Media Holdings, Inc.<br>| &nbsp;&nbsp;41906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;354341 |
| Fuji Oil Holdings, Inc.<br>| &nbsp;&nbsp;18995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;302031 |
| Fuji Seal International, Inc.<br>| &nbsp;&nbsp;13910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180285 |
| Fuji Soft, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275770 |
| Fujikura Ltd.<br>| 153644 | &nbsp;&nbsp;&nbsp;&nbsp;1166846 |
| Fujimi, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153278 |
| Fujitec Co. Ltd.<br>| &nbsp;&nbsp;13324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330254 |
| Fujitsu General Ltd.<br>| &nbsp;&nbsp;19944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;563912 |
| Fukuoka REIT Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172436 |
| Fukuyama Transporting Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4888 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126443 |
| Furukawa Electric Co. Ltd.<br>| &nbsp;&nbsp;49739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;966502 |
| Fuyo General Lease Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2708 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186185 |
| Gakken Holdings Co. Ltd.<br>| &nbsp;&nbsp;19895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149583 |
| Global One Real Estate Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245811 |
| GLOBERIDE, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180842 |
| Glory Ltd.<br>| &nbsp;&nbsp;11093 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193999 |
| GMO Internet Group, Inc.<br>| &nbsp;&nbsp;15413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303456 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Japan-(continued)** | **Japan-(continued)** | **Japan-(continued)** |
| GOLDWIN, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5207 | &nbsp;&nbsp;&nbsp;$397314 |
| GS Yuasa Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;41599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;727931 |
| GungHo Online Entertainment, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155326 |
| Gunma Bank Ltd. (The)<br>| &nbsp;&nbsp;&nbsp;187800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;730722 |
| H.I.S. Co. Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;30260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;495451 |
| H.U. Group Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;32998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700981 |
| H2O Retailing Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;41928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;409062 |
| Hachijuni Bank Ltd. (The)<br>| &nbsp;&nbsp;&nbsp;114890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499559 |
| Hakuhodo DY Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;60873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659301 |
| Hamamatsu Photonics K.K.<br>| &nbsp;&nbsp;&nbsp;&nbsp;15825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;845638 |
| Hanwa Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261199 |
| Haseko Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;64371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;745490 |
| Hazama Ando Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;56584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375749 |
| Heiwa Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;13549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245937 |
| Heiwa Real Estate Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239276 |
| Heiwa Real Estate REIT, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252626 |
| Hikari Tsushin, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7476 | &nbsp;&nbsp;&nbsp;&nbsp;1065153 |
| Hirata Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206904 |
| Hirogin Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;57891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301961 |
| Hisamitsu Pharmaceutical Co., Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;28710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;892782 |
| Hitachi Zosen Corp.<br>| &nbsp;&nbsp;&nbsp;133247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;882202 |
| Hokkaido Electric Power Co., Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;65041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240793 |
| Hokkoku Financial Holdings, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;11665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370366 |
| Hokuetsu Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;36822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237268 |
| Hokuhoku Financial Group, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;40462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320605 |
| Hokuriku Electric Power Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;48781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201893 |
| Horiba Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;11908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;549512 |
| Hoshino Resorts REIT, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326986 |
| Hoshizaki Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;21376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;768582 |
| Hosiden Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;32265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391779 |
| House Foods Group, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;17575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375135 |
| Hulic Reit, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408898 |
| Ichigo Office REIT Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245688 |
| Idec Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217017 |
| IDOM, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;48528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313768 |
| Iino Kaiun Kaisha Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;28017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198014 |
| Inabata & Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;10570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205220 |
| Industrial & Infrastructure Fund Investment Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408279 |
| INFRONEER Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;54030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;431597 |
| Internet Initiative Japan, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;27246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;511419 |
| Invincible Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;778727 |
| IRISO Electronics Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197357 |
| Ishihara Sangyo Kaisha Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;26465 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225759 |
| Ito En Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;12327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440133 |
| Itochu Techno-Solutions Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;29467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;730096 |
| Itoham Yonekyu Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;33332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183154 |
| Iwatani Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;16960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;731457 |
| Iyogin Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;49066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275806 |
| Izumi Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;13183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298901 |
| J Trust Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;59015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259305 |
| Jaccs Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250760 |
| JAFCO Group Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;44094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;786958 |
| Japan Airport Terminal Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490195 |
| Japan Aviation Electronics Industry Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;26942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463568 |
| Japan Display, Inc.<sup>(a)(c)</sup><br>| 1106853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;374498 |
| Japan Excellent, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355968 |
| Japan Hotel REIT Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;906255 |
| Japan Lifeline Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;22549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165687 |
| Japan Logistics Fund, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;412934 |
| Japan Petroleum Exploration Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;28323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;919616 |
| Japan Prime Realty Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;691823 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Japan-(continued)** | **Japan-(continued)** | **Japan-(continued)** |
| Japan Securities Finance Co. Ltd.<br>| &nbsp;&nbsp;25833 | &nbsp;&nbsp;$234308 |
| Japan Steel Works Ltd. (The)<br>| &nbsp;&nbsp;20680 | &nbsp;&nbsp;&nbsp;&nbsp;440478 |
| Jeol Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4461 | &nbsp;&nbsp;&nbsp;&nbsp;130817 |
| Joyful Honda Co. Ltd.<br>| &nbsp;&nbsp;15530 | &nbsp;&nbsp;&nbsp;&nbsp;223261 |
| Juki Corp.<br>| &nbsp;&nbsp;30115 | &nbsp;&nbsp;&nbsp;&nbsp;145927 |
| JVCKenwood Corp.<br>| 202019 | &nbsp;&nbsp;&nbsp;&nbsp;563927 |
| Kadokawa Corp.<br>| &nbsp;&nbsp;16742 | &nbsp;&nbsp;&nbsp;&nbsp;313760 |
| Kagome Co. Ltd.<br>| &nbsp;&nbsp;18414 | &nbsp;&nbsp;&nbsp;&nbsp;450049 |
| Kakaku.com, Inc.<br>| &nbsp;&nbsp;16910 | &nbsp;&nbsp;&nbsp;&nbsp;282479 |
| Kaken Pharmaceutical Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7447 | &nbsp;&nbsp;&nbsp;&nbsp;216090 |
| Kamigumi Co. Ltd.<br>| &nbsp;&nbsp;28822 | &nbsp;&nbsp;&nbsp;&nbsp;590007 |
| Kanamoto Co. Ltd.<br>| &nbsp;&nbsp;13830 | &nbsp;&nbsp;&nbsp;&nbsp;240451 |
| Kaneka Corp.<br>| &nbsp;&nbsp;14338 | &nbsp;&nbsp;&nbsp;&nbsp;376431 |
| Kanematsu Corp.<br>| &nbsp;&nbsp;21644 | &nbsp;&nbsp;&nbsp;&nbsp;264509 |
| Kanto Denka Kogyo Co. Ltd.<br>| &nbsp;&nbsp;16528 | &nbsp;&nbsp;&nbsp;&nbsp;128211 |
| Keihan Holdings Co. Ltd.<br>| &nbsp;&nbsp;34784 | &nbsp;&nbsp;&nbsp;&nbsp;936662 |
| Keikyu Corp.<br>| &nbsp;&nbsp;79954 | &nbsp;&nbsp;&nbsp;&nbsp;828963 |
| Kenedix Office Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251 | &nbsp;&nbsp;&nbsp;&nbsp;596611 |
| Kenedix Residential Next Investment Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233 | &nbsp;&nbsp;&nbsp;&nbsp;347552 |
| Kenedix Retail REIT Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187 | &nbsp;&nbsp;&nbsp;&nbsp;350496 |
| Kewpie Corp.<br>| &nbsp;&nbsp;35949 | &nbsp;&nbsp;&nbsp;&nbsp;625296 |
| KH Neochem Co. Ltd.<br>| &nbsp;&nbsp;13634 | &nbsp;&nbsp;&nbsp;&nbsp;291343 |
| Kinden Corp.<br>| &nbsp;&nbsp;22520 | &nbsp;&nbsp;&nbsp;&nbsp;258704 |
| Kobayashi Pharmaceutical Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;7788 | &nbsp;&nbsp;&nbsp;&nbsp;560199 |
| Koei Tecmo Holdings Co. Ltd.<br>| &nbsp;&nbsp;19481 | &nbsp;&nbsp;&nbsp;&nbsp;354759 |
| Kohnan Shoji Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7957 | &nbsp;&nbsp;&nbsp;&nbsp;205182 |
| Kokuyo Co. Ltd.<br>| &nbsp;&nbsp;16951 | &nbsp;&nbsp;&nbsp;&nbsp;241984 |
| Komeri Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8450 | &nbsp;&nbsp;&nbsp;&nbsp;173391 |
| Konami Group Corp.<br>| &nbsp;&nbsp;17605 | &nbsp;&nbsp;&nbsp;&nbsp;868524 |
| Kose Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5876 | &nbsp;&nbsp;&nbsp;&nbsp;647366 |
| K's Holdings Corp.<br>| &nbsp;&nbsp;81648 | &nbsp;&nbsp;&nbsp;&nbsp;721647 |
| Kumagai Gumi Co. Ltd.<br>| &nbsp;&nbsp;16063 | &nbsp;&nbsp;&nbsp;&nbsp;330176 |
| Kureha Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8481 | &nbsp;&nbsp;&nbsp;&nbsp;553948 |
| Kusuri no Aoki Holdings Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5211 | &nbsp;&nbsp;&nbsp;&nbsp;294235 |
| KYB Corp.<br>| &nbsp;&nbsp;11678 | &nbsp;&nbsp;&nbsp;&nbsp;331140 |
| Kyoritsu Maintenance Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;7081 | &nbsp;&nbsp;&nbsp;&nbsp;323156 |
| Kyudenko Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9043 | &nbsp;&nbsp;&nbsp;&nbsp;234499 |
| Kyushu Financial Group, Inc.<br>| &nbsp;&nbsp;72678 | &nbsp;&nbsp;&nbsp;&nbsp;267061 |
| LaSalle Logiport REIT<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279 | &nbsp;&nbsp;&nbsp;&nbsp;338485 |
| Lasertec Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;995 | &nbsp;&nbsp;&nbsp;&nbsp;197890 |
| Leopalace21 Corp.<sup>(a)(c)</sup><br>| 100589 | &nbsp;&nbsp;&nbsp;&nbsp;249680 |
| Life Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9050 | &nbsp;&nbsp;&nbsp;&nbsp;197534 |
| Lintec Corp.<br>| &nbsp;&nbsp;13908 | &nbsp;&nbsp;&nbsp;&nbsp;240760 |
| M3, Inc.<br>| &nbsp;&nbsp;17578 | &nbsp;&nbsp;&nbsp;&nbsp;481335 |
| Mabuchi Motor Co. Ltd.<br>| &nbsp;&nbsp;19497 | &nbsp;&nbsp;&nbsp;&nbsp;558550 |
| Macnica Holdings, Inc.<br>| &nbsp;&nbsp;15912 | &nbsp;&nbsp;&nbsp;&nbsp;423174 |
| Makino Milling Machine Co. Ltd.<br>| &nbsp;&nbsp;11072 | &nbsp;&nbsp;&nbsp;&nbsp;397496 |
| Mandom Corp.<br>| &nbsp;&nbsp;17230 | &nbsp;&nbsp;&nbsp;&nbsp;195993 |
| Maruha Nichiro Corp., Class C<br>| &nbsp;&nbsp;&nbsp;&nbsp;9990 | &nbsp;&nbsp;&nbsp;&nbsp;189865 |
| Maruichi Steel Tube Ltd.<br>| &nbsp;&nbsp;12392 | &nbsp;&nbsp;&nbsp;&nbsp;266993 |
| Matsuda Sangyo Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8950 | &nbsp;&nbsp;&nbsp;&nbsp;163010 |
| Matsui Securities Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;32678 | &nbsp;&nbsp;&nbsp;&nbsp;195838 |
| Maxell Ltd.<br>| &nbsp;&nbsp;24733 | &nbsp;&nbsp;&nbsp;&nbsp;270116 |
| MCJ Co. Ltd.<br>| &nbsp;&nbsp;20888 | &nbsp;&nbsp;&nbsp;&nbsp;162648 |
| Medipal Holdings Corp.<br>| &nbsp;&nbsp;47172 | &nbsp;&nbsp;&nbsp;&nbsp;629643 |
| Megachips Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5475 | &nbsp;&nbsp;&nbsp;&nbsp;114279 |
| Megmilk Snow Brand Co. Ltd.<br>| &nbsp;&nbsp;10974 | &nbsp;&nbsp;&nbsp;&nbsp;153599 |
| Meidensha Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9913 | &nbsp;&nbsp;&nbsp;&nbsp;147496 |
| Meiko Electronics Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;7125 | &nbsp;&nbsp;&nbsp;&nbsp;159954 |
| Meitec Corp.<br>| &nbsp;&nbsp;19123 | &nbsp;&nbsp;&nbsp;&nbsp;359979 |
| Menicon Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8058 | &nbsp;&nbsp;&nbsp;&nbsp;178181 |
| Mirai Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;559 | &nbsp;&nbsp;&nbsp;&nbsp;188845 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Japan-(continued)** | **Japan-(continued)** | **Japan-(continued)** |
| MIRAIT ONE Corp.<br>| &nbsp;&nbsp;20784 | &nbsp;&nbsp;&nbsp;$253692 |
| Mitsubishi Estate Logistics REIT Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173102 |
| Mitsubishi Logistics Corp.<br>| &nbsp;&nbsp;22208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;518847 |
| Mitsui E&S Holdings Co. Ltd.<sup>(a)(c)</sup><br>| 144644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449819 |
| Mitsui Fudosan Logistics Park, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303926 |
| Mitsui Matsushima Holdings Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;12408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307542 |
| Miura Co. Ltd.<br>| &nbsp;&nbsp;20019 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500568 |
| Mixi, Inc.<br>| &nbsp;&nbsp;30846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;592134 |
| Monex Group, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;60989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215381 |
| MonotaRO Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;11050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167715 |
| Mori Hills REIT Investment Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;435493 |
| Mori Trust Sogo Reit, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277904 |
| Morinaga & Co. Ltd.<br>| &nbsp;&nbsp;12650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375388 |
| Morinaga Milk Industry Co. Ltd.<br>| &nbsp;&nbsp;13992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;516987 |
| Musashi Seimitsu Industry Co. Ltd.<br>| &nbsp;&nbsp;20946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288470 |
| Nachi-Fujikoshi Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174739 |
| Nagase & Co. Ltd.<br>| &nbsp;&nbsp;14585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235583 |
| Namura Shipbuilding Co. Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;72723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225039 |
| Nankai Electric Railway Co. Ltd.<br>| &nbsp;&nbsp;20910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455109 |
| NEC Networks & System Integration Corp.<br>| &nbsp;&nbsp;24563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327859 |
| NET One Systems Co. Ltd.<br>| &nbsp;&nbsp;24589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;665928 |
| Nexon Co. Ltd.<br>| &nbsp;&nbsp;47793 | &nbsp;&nbsp;&nbsp;&nbsp;1156581 |
| NHK Spring Co. Ltd.<br>| &nbsp;&nbsp;82205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;581545 |
| Nichias Corp.<br>| &nbsp;&nbsp;14204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275557 |
| Nichicon Corp.<br>| &nbsp;&nbsp;28337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278780 |
| Nichi-iko Pharmaceutical Co. Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;34093 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17565 |
| Nifco, Inc.<br>| &nbsp;&nbsp;25305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;658139 |
| Nihon Kohden Corp.<br>| &nbsp;&nbsp;24117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;633779 |
| Nihon M&A Center Holdings, Inc.<br>| &nbsp;&nbsp;18114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185157 |
| Nikkiso Co. Ltd.<br>| &nbsp;&nbsp;30693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241125 |
| Nippon Accommodations Fund, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;476088 |
| Nippon Carbon Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184026 |
| Nippon Chemi-Con Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;18293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233251 |
| Nippon Denko Co. Ltd.<br>| &nbsp;&nbsp;59809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179410 |
| Nippon Gas Co. Ltd.<br>| &nbsp;&nbsp;33661 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538375 |
| Nippon Kayaku Co. Ltd.<br>| &nbsp;&nbsp;25559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237244 |
| Nippon Light Metal Holdings Co. Ltd.<br>| &nbsp;&nbsp;29432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337430 |
| Nippon Paint Holdings Co. Ltd.<sup>(a)</sup><br>| 111587 | &nbsp;&nbsp;&nbsp;&nbsp;1020911 |
| Nippon Paper Industries Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;66978 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499019 |
| NIPPON REIT Investment Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333708 |
| Nippon Sanso Holdings Corp.<br>| &nbsp;&nbsp;52567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;859020 |
| Nippon Sheet Glass Co. Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;91470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;442368 |
| Nippon Shinyaku Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;451140 |
| Nippon Shokubai Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269713 |
| Nippon Steel Trading Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350766 |
| Nippon Television Holdings, Inc.<br>| &nbsp;&nbsp;21913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177170 |
| Nippon Yakin Kogyo Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;11675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405617 |
| Nipro Corp.<br>| &nbsp;&nbsp;44114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;354499 |
| Nishimatsu Construction Co. Ltd.<br>| &nbsp;&nbsp;17334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;541930 |
| Nishimatsuya Chain Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;21171 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251053 |
| Nishi-Nippon Financial Holdings, Inc.<br>| &nbsp;&nbsp;43705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364977 |
| Nishi-Nippon Railroad Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;10153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187778 |
| Nissha Co. Ltd.<br>| &nbsp;&nbsp;23022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;343026 |
| Nisshin Seifun Group, Inc.<br>| &nbsp;&nbsp;65847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;824727 |
| Nisshinbo Holdings, Inc.<br>| 100977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;754458 |
| Nissin Electric Co. Ltd.<br>| &nbsp;&nbsp;19451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201717 |
| Nissui Corp.<br>| 155823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;648206 |
| Nitto Boseki Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103434 |
| NOF Corp.<br>| &nbsp;&nbsp;18974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;808351 |
| Nojima Corp.<br>| &nbsp;&nbsp;18392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197450 |
| NOK Corp.<br>| &nbsp;&nbsp;27215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258852 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Japan-(continued)** | **Japan-(continued)** | **Japan-(continued)** |
| Nomura Co. Ltd.<br>| &nbsp;&nbsp;25289 | &nbsp;&nbsp;&nbsp;$182199 |
| Noritz Corp.<br>| &nbsp;&nbsp;12510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144728 |
| NS Solutions Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192788 |
| NS United Kaiun Kaisha Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189521 |
| NSD Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179789 |
| NTN Corp.<br>| 497058 | &nbsp;&nbsp;&nbsp;&nbsp;1030508 |
| NTT UD REIT Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384556 |
| Obic Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;881331 |
| Okamura Corp.<br>| &nbsp;&nbsp;20275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222419 |
| Oki Electric Industry Co. Ltd.<br>| &nbsp;&nbsp;33057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186874 |
| OKUMA Corp.<br>| &nbsp;&nbsp;12560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;509565 |
| Okumura Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190744 |
| One REIT, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136628 |
| Onward Holdings Co. Ltd.<sup>(a)</sup><br>| 109203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278332 |
| Open House Group Co. Ltd.<br>| &nbsp;&nbsp;19769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;749969 |
| Organo Corp.<br>| &nbsp;&nbsp;10220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260778 |
| Orient Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;43959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;401977 |
| OSG Corp.<br>| &nbsp;&nbsp;21237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333659 |
| Outsourcing, Inc.<br>| &nbsp;&nbsp;46134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;358165 |
| Paltac Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269886 |
| Park24 Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;47965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;813698 |
| Pasona Group, Inc.<br>| &nbsp;&nbsp;11911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192186 |
| Penta-Ocean Construction Co. Ltd.<br>| 111861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;558081 |
| Pigeon Corp.<br>| &nbsp;&nbsp;29984 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;477002 |
| Pilot Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169805 |
| Pola Orbis Holdings, Inc.<br>| &nbsp;&nbsp;30446 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;439401 |
| Press Kogyo Co. Ltd.<br>| &nbsp;&nbsp;79032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274874 |
| Pressance Corp.<br>| &nbsp;&nbsp;11300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144673 |
| Prima Meat Packers Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141080 |
| Raito Kogyo Co. Ltd.<br>| &nbsp;&nbsp;13496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200455 |
| Relo Group, Inc.<br>| &nbsp;&nbsp;33583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570179 |
| Rengo Co. Ltd.<br>| &nbsp;&nbsp;77491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;546935 |
| Resorttrust, Inc.<br>| &nbsp;&nbsp;27753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;507996 |
| Rinnai Corp.<br>| &nbsp;&nbsp;12449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;983748 |
| Rohto Pharmaceutical Co. Ltd.<br>| &nbsp;&nbsp;36828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;678817 |
| Round One Corp.<br>| &nbsp;&nbsp;64893 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238700 |
| Royal Holdings Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;11803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220650 |
| Saizeriya Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203691 |
| Sakai Chemical Industry Co. Ltd.<br>| &nbsp;&nbsp;11050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155388 |
| Sakata Seed Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222727 |
| SAMTY Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;12865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203471 |
| San-In Godo Bank Ltd. (The)<br>| &nbsp;&nbsp;30570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190097 |
| Sanken Electric Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;513513 |
| Sankyo Co. Ltd.<br>| &nbsp;&nbsp;21539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;867887 |
| Sankyu, Inc.<br>| &nbsp;&nbsp;16799 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;661418 |
| Sanoh Industrial Co. Ltd.<br>| &nbsp;&nbsp;30551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151768 |
| Sanrio Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325737 |
| Sanwa Holdings Corp.<br>| &nbsp;&nbsp;35939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380553 |
| Sanyo Chemical Industries Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166384 |
| Sanyo Denki Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4465 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216535 |
| Sanyo Special Steel Co. Ltd.<br>| &nbsp;&nbsp;15680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300793 |
| Sapporo Holdings Ltd.<br>| &nbsp;&nbsp;24325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;594260 |
| Sawai Group Holdings Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8523 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264106 |
| SBI Shinsei Bank Ltd.<br>| &nbsp;&nbsp;44622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;824676 |
| SBS Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177194 |
| SCREEN Holdings Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;663890 |
| SCSK Corp.<br>| &nbsp;&nbsp;40417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;658838 |
| Seiko Group Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201609 |
| Seino Holdings Co. Ltd.<br>| &nbsp;&nbsp;34227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341899 |
| Seiren Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;14800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272473 |
| Sekisui House REIT, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;543152 |
| Senko Group Holdings Co. Ltd.<br>| &nbsp;&nbsp;34433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266039 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Japan-(continued)** | **Japan-(continued)** | **Japan-(continued)** |
| Senshu Ikeda Holdings, Inc.<br>| 163797 | &nbsp;&nbsp;$323166 |
| Seven Bank Ltd.<br>| 371143 | &nbsp;&nbsp;&nbsp;&nbsp;762007 |
| Shibaura Machine Co. Ltd.<br>| &nbsp;&nbsp;11052 | &nbsp;&nbsp;&nbsp;&nbsp;242294 |
| Shiga Bank Ltd. (The)<br>| &nbsp;&nbsp;10775 | &nbsp;&nbsp;&nbsp;&nbsp;224334 |
| Shikoku Electric Power Co., Inc.<br>| &nbsp;&nbsp;50336 | &nbsp;&nbsp;&nbsp;&nbsp;291106 |
| Shindengen Electric Manufacturing Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;8030 | &nbsp;&nbsp;&nbsp;&nbsp;208559 |
| Shinko Electric Industries Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8572 | &nbsp;&nbsp;&nbsp;&nbsp;241070 |
| Ship Healthcare Holdings, Inc.<br>| &nbsp;&nbsp;24669 | &nbsp;&nbsp;&nbsp;&nbsp;478620 |
| SHO-BOND Holdings Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7110 | &nbsp;&nbsp;&nbsp;&nbsp;302344 |
| Shochiku Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2216 | &nbsp;&nbsp;&nbsp;&nbsp;189118 |
| Siix Corp.<br>| &nbsp;&nbsp;19812 | &nbsp;&nbsp;&nbsp;&nbsp;214047 |
| SKY Perfect JSAT Holdings, Inc.<br>| &nbsp;&nbsp;62456 | &nbsp;&nbsp;&nbsp;&nbsp;240613 |
| Sodick Co. Ltd.<br>| &nbsp;&nbsp;32670 | &nbsp;&nbsp;&nbsp;&nbsp;189803 |
| Sohgo Security Services Co. Ltd.<br>| &nbsp;&nbsp;27502 | &nbsp;&nbsp;&nbsp;&nbsp;758403 |
| Sotetsu Holdings, Inc.<br>| &nbsp;&nbsp;14932 | &nbsp;&nbsp;&nbsp;&nbsp;255401 |
| Square Enix Holdings Co. Ltd.<br>| &nbsp;&nbsp;17534 | &nbsp;&nbsp;&nbsp;&nbsp;829153 |
| Star Micronics Co. Ltd.<br>| &nbsp;&nbsp;16371 | &nbsp;&nbsp;&nbsp;&nbsp;213524 |
| Starts Corp., Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7833 | &nbsp;&nbsp;&nbsp;&nbsp;155841 |
| Sugi Holdings Co. Ltd.<br>| &nbsp;&nbsp;14604 | &nbsp;&nbsp;&nbsp;&nbsp;639153 |
| Sumitomo Bakelite Co. Ltd.<br>| &nbsp;&nbsp;13533 | &nbsp;&nbsp;&nbsp;&nbsp;440647 |
| Sumitomo Mitsui Construction Co. Ltd.<br>| &nbsp;&nbsp;55439 | &nbsp;&nbsp;&nbsp;&nbsp;179704 |
| Sumitomo Osaka Cement Co. Ltd.<br>| &nbsp;&nbsp;21105 | &nbsp;&nbsp;&nbsp;&nbsp;555551 |
| Sumitomo Pharma Co. Ltd.<br>| &nbsp;&nbsp;95404 | &nbsp;&nbsp;&nbsp;&nbsp;670886 |
| Sumitomo Warehouse Co. Ltd. (The)<sup>(a)</sup><br>| &nbsp;&nbsp;14807 | &nbsp;&nbsp;&nbsp;&nbsp;227756 |
| Sundrug Co. Ltd.<br>| &nbsp;&nbsp;26671 | &nbsp;&nbsp;&nbsp;&nbsp;755694 |
| Suruga Bank Ltd.<br>| 208943 | &nbsp;&nbsp;&nbsp;&nbsp;682344 |
| Suzuken Co. Ltd.<br>| &nbsp;&nbsp;19841 | &nbsp;&nbsp;&nbsp;&nbsp;523764 |
| SWCC Showa Holdings Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;16026 | &nbsp;&nbsp;&nbsp;&nbsp;226070 |
| Tadano Ltd.<br>| &nbsp;&nbsp;27678 | &nbsp;&nbsp;&nbsp;&nbsp;205781 |
| Taiheiyo Cement Corp.<br>| &nbsp;&nbsp;52040 | &nbsp;&nbsp;&nbsp;&nbsp;896903 |
| Taisho Pharmaceutical Holdings Co. Ltd.<br>| &nbsp;&nbsp;15293 | &nbsp;&nbsp;&nbsp;&nbsp;643235 |
| Taiyo Holdings Co. Ltd.<br>| &nbsp;&nbsp;10166 | &nbsp;&nbsp;&nbsp;&nbsp;187596 |
| Takara Holdings, Inc.<br>| &nbsp;&nbsp;45220 | &nbsp;&nbsp;&nbsp;&nbsp;368363 |
| Takasago Thermal Engineering Co. Ltd.<br>| &nbsp;&nbsp;13209 | &nbsp;&nbsp;&nbsp;&nbsp;192100 |
| Takeuchi Manufacturing Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;14267 | &nbsp;&nbsp;&nbsp;&nbsp;316246 |
| Takuma Co. Ltd.<br>| &nbsp;&nbsp;16895 | &nbsp;&nbsp;&nbsp;&nbsp;167668 |
| Tama Home Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8950 | &nbsp;&nbsp;&nbsp;&nbsp;220159 |
| Tamura Corp.<br>| &nbsp;&nbsp;43825 | &nbsp;&nbsp;&nbsp;&nbsp;250137 |
| TBS Holdings, Inc.<br>| &nbsp;&nbsp;24960 | &nbsp;&nbsp;&nbsp;&nbsp;291589 |
| TechnoPro Holdings, Inc.<br>| &nbsp;&nbsp;17503 | &nbsp;&nbsp;&nbsp;&nbsp;544843 |
| Toagosei Co. Ltd.<br>| &nbsp;&nbsp;20098 | &nbsp;&nbsp;&nbsp;&nbsp;182404 |
| Tocalo Co. Ltd.<br>| &nbsp;&nbsp;18233 | &nbsp;&nbsp;&nbsp;&nbsp;174607 |
| Toda Corp.<br>| &nbsp;&nbsp;30708 | &nbsp;&nbsp;&nbsp;&nbsp;167886 |
| Toei Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1173 | &nbsp;&nbsp;&nbsp;&nbsp;155436 |
| Toho Co. Ltd.<br>| &nbsp;&nbsp;23435 | &nbsp;&nbsp;&nbsp;&nbsp;866468 |
| Toho Holdings Co. Ltd.<br>| &nbsp;&nbsp;12532 | &nbsp;&nbsp;&nbsp;&nbsp;204987 |
| Toho Zinc Co. Ltd.<br>| &nbsp;&nbsp;12580 | &nbsp;&nbsp;&nbsp;&nbsp;210807 |
| Tokai Carbon Co. Ltd.<br>| &nbsp;&nbsp;97233 | &nbsp;&nbsp;&nbsp;&nbsp;837757 |
| Tokai Rika Co. Ltd.<br>| &nbsp;&nbsp;15909 | &nbsp;&nbsp;&nbsp;&nbsp;184861 |
| Tokai Tokyo Financial Holdings, Inc.<br>| &nbsp;&nbsp;75097 | &nbsp;&nbsp;&nbsp;&nbsp;219032 |
| Token Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2555 | &nbsp;&nbsp;&nbsp;&nbsp;154547 |
| Tokuyama Corp.<br>| &nbsp;&nbsp;47290 | &nbsp;&nbsp;&nbsp;&nbsp;691267 |
| Tokyo Century Corp.<br>| &nbsp;&nbsp;13410 | &nbsp;&nbsp;&nbsp;&nbsp;471374 |
| Tokyo Ohka Kogyo Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9304 | &nbsp;&nbsp;&nbsp;&nbsp;457877 |
| Tokyo Seimitsu Co. Ltd.<br>| &nbsp;&nbsp;13287 | &nbsp;&nbsp;&nbsp;&nbsp;456178 |
| Tokyo Steel Manufacturing Co. Ltd.<br>| &nbsp;&nbsp;29833 | &nbsp;&nbsp;&nbsp;&nbsp;324594 |
| Tokyo Tatemono Co. Ltd.<br>| &nbsp;&nbsp;52952 | &nbsp;&nbsp;&nbsp;&nbsp;656310 |
| Tokyu Construction Co. Ltd.<br>| &nbsp;&nbsp;28290 | &nbsp;&nbsp;&nbsp;&nbsp;144063 |
| Tokyu REIT, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp;339414 |
| Tomy Co. Ltd.<br>| &nbsp;&nbsp;24020 | &nbsp;&nbsp;&nbsp;&nbsp;237570 |
| Topcon Corp.<br>| &nbsp;&nbsp;37553 | &nbsp;&nbsp;&nbsp;&nbsp;489329 |
| Towa Pharmaceutical Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7639 | &nbsp;&nbsp;&nbsp;&nbsp;120735 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Japan-(continued)** | **Japan-(continued)** | **Japan-(continued)** |
| Toyo Ink SC Holdings Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;11665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$167506 |
| Toyo Seikan Group Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;57539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746440 |
| Toyo Tire Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;58809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;703370 |
| Toyobo Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;29824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237360 |
| Toyoda Gosei Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;46541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;773852 |
| Toyota Boshoku Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;50935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;755725 |
| Transcosmos, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242477 |
| Trusco Nakayama Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136455 |
| TS Tech Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;33152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413316 |
| Tsubaki Nakashima Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;28761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252060 |
| Tsugami Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;18335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202661 |
| Tsumura & Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;10402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222554 |
| TV Asahi Holdings Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;17781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184130 |
| UACJ Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;20780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390220 |
| UBE Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;43409 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;681080 |
| Ulvac, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;16994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;794339 |
| United Arrows Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;19771 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267133 |
| Ushio, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;40175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538167 |
| USS Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;45187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;741277 |
| V Technology Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6917 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143040 |
| Wacoal Holdings Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;12845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241635 |
| Wacom Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;32756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164957 |
| Welcia Holdings Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;31920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;714525 |
| Yamaguchi Financial Group, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;82328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568942 |
| Yamato Kogyo Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;13566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;513788 |
| Yamazaki Baking Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;63481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;742471 |
| Yaoko Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248457 |
| Yokohama Rubber Co. Ltd. (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;51739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;850227 |
| Yokowo Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132362 |
| Yoshinoya Holdings Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;18834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345574 |
| Zenkoku Hosho Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;12885 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;501750 |
| Zensho Holdings Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;28807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;735142 |
| Zeon Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;74826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;736415 |
| ZOZO, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254631 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;177471506 |
| **Luxembourg-0.22%** | **Luxembourg-0.22%** | **Luxembourg-0.22%** |
| Global Fashion Group S.A.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;57910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73459 |
| RTL Group S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410267 |
| SES S.A., FDR<br>| &nbsp;&nbsp;&nbsp;109858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;852445 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1336171 |
| **Macau-0.33%** | **Macau-0.33%** | **Macau-0.33%** |
| MGM China Holdings Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;285089 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359337 |
| SJM Holdings Ltd.<sup>(c)</sup><br>| 1053668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;595486 |
| Wynn Macau Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;889042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1013968 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1968791 |
| **Mexico-0.22%** | **Mexico-0.22%** | **Mexico-0.22%** |
| Borr Drilling Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;102323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;612536 |
| Fresnillo PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;68119 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;691791 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1304327 |
| **Netherlands-1.81%** | **Netherlands-1.81%** | **Netherlands-1.81%** |
| Adyen N.V.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;721885 |
| AMG Advanced Metallurgical Group N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256684 |
| Arcadis N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;19130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;828945 |
| Argenx SE<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;529408 |
| Basic-Fit N.V.<sup>(a)(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205158 |
| BE Semiconductor Industries N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;679853 |
| Corbion N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;14548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;559726 |
| Eurocommercial Properties N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;12441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;311099 |
| Euronext N.V.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;10187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;824757 |
| Flow Traders Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;14377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369431 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Netherlands-(continued)** | **Netherlands-(continued)** | **Netherlands-(continued)** |
| Fugro N.V.<sup>(c)</sup><br>| &nbsp;&nbsp;64050 | &nbsp;&nbsp;&nbsp;&nbsp;$849346 |
| Heijmans N.V., CVA<br>| &nbsp;&nbsp;11718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141973 |
| IMCD N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1043434 |
| JDE Peet's N.V.<sup>(a)</sup><br>| &nbsp;&nbsp;32995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;987997 |
| Koninklijke BAM Groep N.V.<sup>(c)</sup><br>| 237701 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;605454 |
| OCI N.V.<br>| &nbsp;&nbsp;25587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;869378 |
| TKH Group N.V., CVA<br>| &nbsp;&nbsp;&nbsp;&nbsp;9595 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;434805 |
| TomTom N.V.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;23096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164325 |
| Van Lanschot Kempen N.V., CVA<br>| &nbsp;&nbsp;&nbsp;&nbsp;8380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240269 |
| Wereldhave N.V.<sup>(a)</sup><br>| &nbsp;&nbsp;15318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229589 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;10853516 |
| **New Zealand-1.11%** | **New Zealand-1.11%** | **New Zealand-1.11%** |
| a2 Milk Co. Ltd. (The)<sup>(c)</sup><br>| 120567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;577361 |
| Auckland International Airport Ltd.<sup>(c)</sup><br>| 185913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1023069 |
| Chorus Ltd.<br>| &nbsp;&nbsp;58626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316736 |
| Contact Energy Ltd.<br>| &nbsp;&nbsp;81730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410742 |
| Fisher & Paykel Healthcare Corp. Ltd.<br>| &nbsp;&nbsp;50172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;820910 |
| Fletcher Building Ltd.<br>| 180204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;592667 |
| Goodman Property Trust<br>| 104809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139789 |
| Infratil Ltd.<br>| &nbsp;&nbsp;38596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222009 |
| Mainfreight Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;276075 |
| Mercury NZ Ltd.<br>| &nbsp;&nbsp;48079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186753 |
| Meridian Energy Ltd.<br>| 123034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425017 |
| Ryman Healthcare Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;44181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196723 |
| SKYCITY Entertainment Group Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;94618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153757 |
| Spark New Zealand Ltd.<br>| 332917 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1122360 |
| Xero Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156911 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6620879 |
| **Nigeria-0.06%** | **Nigeria-0.06%** | **Nigeria-0.06%** |
| Airtel Africa PLC<sup>(b)</sup><br>| 265706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383374 |
| **Norway-1.42%** | **Norway-1.42%** | **Norway-1.42%** |
| Aker ASA, Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;7718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;557006 |
| Aker Solutions ASA, Class A<br>| 147034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;581475 |
| Atea ASA<br>| &nbsp;&nbsp;14586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163847 |
| Austevoll Seafood ASA<br>| &nbsp;&nbsp;24968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247036 |
| Borregaard ASA<br>| &nbsp;&nbsp;11069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170600 |
| BW Offshore Ltd.<br>| &nbsp;&nbsp;66649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177892 |
| Crayon Group Holding ASA<sup>(a)(b)(c)</sup><br>| &nbsp;&nbsp;11102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111645 |
| DNO ASA<br>| 323040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397420 |
| Elkem ASA<sup>(b)(c)</sup><br>| 120430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425238 |
| Entra ASA<sup>(b)</sup><br>| &nbsp;&nbsp;17483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205492 |
| Europris ASA<sup>(b)</sup><br>| &nbsp;&nbsp;44708 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287710 |
| Grieg Seafood ASA<br>| &nbsp;&nbsp;16745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149373 |
| Kongsberg Gruppen ASA<br>| &nbsp;&nbsp;13899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;552090 |
| Leroy Seafood Group ASA<br>| &nbsp;&nbsp;70843 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;416735 |
| Norske Skog ASA<sup>(b)(c)</sup><br>| &nbsp;&nbsp;40627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279850 |
| Norwegian Air Shuttle ASA<sup>(c)</sup><br>| 146718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139346 |
| Salmar ASA<br>| &nbsp;&nbsp;&nbsp;&nbsp;9873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;458149 |
| Schibsted ASA, Class A<br>| &nbsp;&nbsp;10199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222587 |
| Schibsted ASA, Class B<br>| &nbsp;&nbsp;12598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262751 |
| SpareBank 1 Nord Norge<br>| &nbsp;&nbsp;21195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197337 |
| SpareBank 1 SMN<br>| &nbsp;&nbsp;29126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370335 |
| SpareBank 1 SR-Bank ASA, Class B<br>| &nbsp;&nbsp;28746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332672 |
| TGS ASA<br>| &nbsp;&nbsp;62724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1034295 |
| TOMRA Systems ASA<br>| &nbsp;&nbsp;19350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341463 |
| Wallenius Wilhelmsen ASA<br>| &nbsp;&nbsp;41189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390781 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8473125 |
| **Peru-0.03%** | **Peru-0.03%** | **Peru-0.03%** |
| Hochschild Mining PLC<br>| 225313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190315 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Poland-0.76%** | **Poland-0.76%** | **Poland-0.76%** |
| Alior Bank S.A.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;36480 | &nbsp;&nbsp;&nbsp;&nbsp;$331327 |
| Allegro.eu S.A.<sup>(a)(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;45216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314425 |
| Bank Millennium S.A.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;93914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111922 |
| CCC S.A.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;14229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144745 |
| CD Projekt S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146180 |
| Cyfrowy Polsat S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;49172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207890 |
| Dino Polska S.A.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;367215 |
| Jastrzebska Spolka Weglowa S.A.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;46671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;726877 |
| KRUK S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3522 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285311 |
| LPP S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271086 |
| mBank S.A.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322365 |
| Orange Polska S.A.<br>| &nbsp;&nbsp;&nbsp;160111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257826 |
| PGE Polska Grupa Energetyczna S.A.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;219439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;378582 |
| Santander Bank Polska S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;451883 |
| Tauron Polska Energia S.A.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;465421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253818 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4571452 |
| **Portugal-0.29%** | **Portugal-0.29%** | **Portugal-0.29%** |
| CTT-Correios de Portugal S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;48869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189007 |
| Navigator Co. S.A. (The)<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;94061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328326 |
| NOS, SGPS S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;116311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498399 |
| REN - Redes Energeticas Nacionais SGPS S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;84993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233542 |
| Sonae SGPS S.A.<br>| &nbsp;&nbsp;&nbsp;490690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499460 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1748734 |
| **Singapore-2.16%** | **Singapore-2.16%** | **Singapore-2.16%** |
| AIMS APAC REIT<br>| &nbsp;&nbsp;&nbsp;170460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178689 |
| BOC Aviation Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;48882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405970 |
| BW LPG Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;56776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;469512 |
| CapitaLand Ascott Trust<br>| &nbsp;&nbsp;&nbsp;461208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390794 |
| City Developments Ltd.<br>| &nbsp;&nbsp;&nbsp;167665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1064107 |
| ESR-LOGOS REIT<br>| &nbsp;&nbsp;&nbsp;577464 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167731 |
| Frasers Centrepoint Trust<br>| &nbsp;&nbsp;&nbsp;201516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341973 |
| Frasers Logistics & Commercial Trust<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;581429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;559587 |
| IGG, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;267311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100748 |
| Jardine Cycle & Carriage Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;22605 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;501118 |
| Keppel Corp. Ltd.<br>| &nbsp;&nbsp;&nbsp;219357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1265757 |
| Keppel DC REIT<br>| &nbsp;&nbsp;&nbsp;216456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337458 |
| Keppel REIT<br>| &nbsp;&nbsp;&nbsp;529925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390612 |
| Mapletree Industrial Trust<br>| &nbsp;&nbsp;&nbsp;373129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;678718 |
| Mapletree Logistics Trust<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;644872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;834824 |
| Mapletree Pan Asia Commercial Trust<br>| &nbsp;&nbsp;&nbsp;632404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;880991 |
| NetLink NBN Trust<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;687382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;458521 |
| Olam Group Ltd.<br>| &nbsp;&nbsp;&nbsp;176924 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215198 |
| Raffles Medical Group Ltd.<br>| &nbsp;&nbsp;&nbsp;178985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198106 |
| SATS Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;116925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269983 |
| Sembcorp Industries Ltd.<br>| &nbsp;&nbsp;&nbsp;261476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;721264 |
| Sembcorp Marine Ltd.<sup>(c)</sup><br>| 3039088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329487 |
| Singapore Exchange Ltd.<br>| &nbsp;&nbsp;&nbsp;141949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1001248 |
| Suntec REIT<br>| &nbsp;&nbsp;&nbsp;581882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;621749 |
| UOL Group Ltd.<br>| &nbsp;&nbsp;&nbsp;102361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;546831 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;12930976 |
| **South Africa-0.03%** | **South Africa-0.03%** | **South Africa-0.03%** |
| Scatec ASA<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;18300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148221 |
| **South Korea-8.62%** | **South Korea-8.62%** | **South Korea-8.62%** |
| Amorepacific Group<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;11353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;381702 |
| Asiana Airlines, Inc.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;49004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;610439 |
| BGF retail Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;467584 |
| BNK Financial Group, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;134485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;777204 |
| Celltrion Healthcare Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320408 |
| Cheil Worldwide, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;26543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;474515 |
| Chong Kun Dang Pharmaceutical Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190386 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **South Korea-(continued)** | **South Korea-(continued)** | **South Korea-(continued)** |
| CJ CGV Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;8456 | &nbsp;&nbsp;&nbsp;$132078 |
| CJ Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461614 |
| CJ ENM Co. Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;551105 |
| CJ Logistics Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260008 |
| Com2uSCorp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3014 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163940 |
| Cosmax, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139773 |
| Coway Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;15304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;696158 |
| Daewoo Engineering & Construction Co. Ltd.<sup>(c)</sup><br>| 162390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;636045 |
| Daewoo Shipbuilding & Marine Engineering Co. Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;37863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;713490 |
| Daishin Securities Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;12119 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132816 |
| Daishin Securities Co. Ltd., Preference Shares<sup>(c)</sup><br>| &nbsp;&nbsp;11550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115807 |
| DB HiTek Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;5938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220775 |
| DB Insurance Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;15721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;839996 |
| Delivery Hero SE<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;7609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;457428 |
| DGB Financial Group, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;45603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295750 |
| DL Holdings Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;7748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;386647 |
| Dongkuk Steel Mill Co. Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;60345 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;673706 |
| Dongsuh Cos., Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122373 |
| Doosan Bobcat, Inc.<br>| &nbsp;&nbsp;13816 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392869 |
| Doosan Co. Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;7859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;596788 |
| Fila Holdings Corp.<br>| &nbsp;&nbsp;25524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;806368 |
| Gradiant Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;13791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177765 |
| Green Cross Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154342 |
| GS Holdings Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;19866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;716322 |
| GS Retail Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;20918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;491633 |
| Handsome Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144116 |
| Hankook Tire & Technology Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;20766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550834 |
| Hanmi Pharm Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205991 |
| Hanon Systems<br>| &nbsp;&nbsp;68054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;508659 |
| Hansol Chemical Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235001 |
| Hanssem Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128640 |
| Hanwha Aerospace Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;20807 | &nbsp;&nbsp;&nbsp;&nbsp;1364702 |
| Hanwha Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;27041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;624958 |
| Hanwha Corp., Third Pfd.<sup>(c)</sup><br>| &nbsp;&nbsp;13105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151933 |
| Hanwha Investment & Securities Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;42127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115766 |
| Hanwha Life Insurance Co. Ltd.<sup>(a)(c)</sup><br>| 256895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;574494 |
| HD Hyundai Co. Ltd.<br>| &nbsp;&nbsp;19376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;965881 |
| HDC Hyundai Development Co-Engineering & Construction, Class E<sup>(a)(c)</sup><br>| &nbsp;&nbsp;69323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;627215 |
| Hite Jinro Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;12023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258150 |
| HL Mando Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;23741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;865401 |
| HMM Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;36796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;655844 |
| Hotel Shilla Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;611042 |
| Hyosung Advanced Materials Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;388596 |
| Hyosung Chemical Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110843 |
| Hyosung Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;5610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322450 |
| Hyosung Heavy Industries Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231809 |
| Hyosung TNC Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1856 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;629384 |
| Hyundai Construction Equipment Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;10935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526591 |
| Hyundai Department Store Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;8230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413076 |
| Hyundai Doosan Infracore Co. Ltd.<sup>(c)</sup><br>| 105921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;672123 |
| Hyundai Electric & Energy System Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;15990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;523722 |
| Hyundai Elevator Co. Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;11834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288397 |
| Hyundai Heavy Industries Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;5288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;479691 |
| Hyundai Marine & Fire Insurance Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;43890 | &nbsp;&nbsp;&nbsp;&nbsp;1106430 |
| Hyundai Mipo Dockyard Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;7033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;462595 |
| Hyundai Rotem Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;30964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;698969 |
| Hyundai Wia Corp.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;18295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;802623 |
| IS Dongseo Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192576 |
| JB Financial Group Co. Ltd.<br>| &nbsp;&nbsp;36062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298005 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **South Korea-(continued)** | **South Korea-(continued)** | **South Korea-(continued)** |
| Kakao Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;13226 | &nbsp;&nbsp;&nbsp;&nbsp;$669687 |
| KakaoBank Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96794 |
| Kangwon Land, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;34357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659050 |
| KCC Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570627 |
| KCC Glass Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201302 |
| KEPCO Plant Service & Engineering Co. Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;11475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323793 |
| KG Chemical Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9611 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186629 |
| KIWOOM Securities Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6816 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;549741 |
| Kolmar Korea Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237652 |
| Kolon Industries, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;16548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;616996 |
| Korea Aerospace Industries Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;18315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;721938 |
| Korea Line Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;86065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160927 |
| Korea Petrochemical Ind Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360058 |
| Korea Real Estate Investment & Trust Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;96405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108631 |
| Korean Reinsurance Co.<sup>(c)</sup><br>| &nbsp;&nbsp;36071 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221425 |
| Krafton, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;371248 |
| Kumho Petrochemical Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;7279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;876802 |
| Kyeryong Construction Industrial Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;5884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96726 |
| LIG Nex1 Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268069 |
| LOTTE Chilsung Beverage Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254571 |
| LOTTE Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;12423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328200 |
| LOTTE Fine Chemical Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;7223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338000 |
| LOTTE Shopping Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;7321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;561747 |
| LS Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;9517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;548136 |
| LS Electric Co. Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;9186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400399 |
| LX Hausys Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213163 |
| LX International Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;27036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;774775 |
| Meritz Financial Group, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;19363 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;682222 |
| Meritz Securities Co. Ltd.<sup>(c)</sup><br>| 154805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;814630 |
| Mirae Asset Securities Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;97190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540562 |
| Mirae Asset Securities Co. Ltd., Second Pfd.<sup>(c)</sup><br>| &nbsp;&nbsp;36787 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110474 |
| MK Electron Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;12716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120981 |
| Netmarble Corp.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164455 |
| NH Investment & Securities Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;84811 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;636435 |
| NHN Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;11836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281677 |
| NongShim Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;447404 |
| OCI Co. Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;9440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;695764 |
| Orion Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;641627 |
| Pan Ocean Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;72945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360223 |
| Paradise Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;13456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198023 |
| Partron Co. Ltd.<br>| &nbsp;&nbsp;17774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125559 |
| Poongsan Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;13802 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;407370 |
| S-1 Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254566 |
| Samsung Biologics Co. Ltd.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261396 |
| Samsung Card Co. Ltd.<br>| &nbsp;&nbsp;14256 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352191 |
| Seah Besteel Holdings Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;18974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254921 |
| Sebang Global Battery Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187682 |
| Seoul Semiconductor Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;22321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194827 |
| Seoyon Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;19958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123072 |
| SFA Engineering Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298559 |
| SK Chemicals Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205915 |
| SKC Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333008 |
| SL Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;9168 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192976 |
| SSANGYONG C&E Co. Ltd.<br>| &nbsp;&nbsp;39392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184834 |
| Sungwoo Hitech Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;45066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186017 |
| TKG Huchems Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;13190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210890 |
| WONIK IPS Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168214 |
| Youngone Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;14312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;509118 |
| Yuhan Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;9881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420951 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;51577970 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Spain-1.66%** | **Spain-1.66%** | **Spain-1.66%** |
| Almirall S.A.<br>| &nbsp;&nbsp;21543 | &nbsp;&nbsp;&nbsp;$216537 |
| Applus Services S.A.<br>| &nbsp;&nbsp;41111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316235 |
| Befesa S.A.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;5768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330231 |
| Cia de Distribucion Integral Logista Holdings S.A.<br>| &nbsp;&nbsp;38588 | &nbsp;&nbsp;&nbsp;&nbsp;1042684 |
| CIE Automotive S.A.<br>| &nbsp;&nbsp;19678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;583846 |
| Construcciones y Auxiliar de Ferrocarriles S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156194 |
| Corp ACCIONA Energias Renovables S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328869 |
| Ebro Foods S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;9561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163855 |
| EDP Renovaveis S.A.<br>| &nbsp;&nbsp;36315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790216 |
| Ence Energia y Celulosa S.A.<br>| &nbsp;&nbsp;82612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271509 |
| Faes Farma S.A.<br>| &nbsp;&nbsp;58480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218886 |
| Fluidra S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;13199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231650 |
| Gestamp Automocion S.A.<sup>(b)</sup><br>| 116651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;514959 |
| Indra Sistemas S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;75189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;917310 |
| Linea Directa Aseguradora S.A. Cia de Seguros y Reaseguros<sup>(a)</sup><br>| 135495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141217 |
| Mediaset Espana Comunicacion S.A.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;27680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98904 |
| Melia Hotels International S.A.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;40692 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270856 |
| Obrascon Huarte Lain S.A.<sup>(a)(c)</sup><br>| 431937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261607 |
| Prosegur Cia de Seguridad S.A.<br>| &nbsp;&nbsp;81709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184402 |
| Sacyr S.A.<sup>(a)</sup><br>| 354229 | &nbsp;&nbsp;&nbsp;&nbsp;1088260 |
| Tecnicas Reunidas S.A.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;45582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545043 |
| Unicaja Banco S.A.<sup>(b)</sup><br>| 492203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;602446 |
| Viscofan S.A.<br>| &nbsp;&nbsp;10493 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675438 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;9951154 |
| **Sweden-3.84%** | **Sweden-3.84%** | **Sweden-3.84%** |
| AAK AB<sup>(a)</sup><br>| &nbsp;&nbsp;38224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;658610 |
| AddTech AB, Class B<br>| &nbsp;&nbsp;19406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;309003 |
| AFRY AB<br>| &nbsp;&nbsp;29493 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;532859 |
| Arjo AB, Class B<br>| &nbsp;&nbsp;46594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180961 |
| Atrium Ljungberg AB, Class B<br>| &nbsp;&nbsp;10793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192937 |
| Avanza Bank Holding AB<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;8207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189727 |
| Axfood AB<sup>(a)</sup><br>| &nbsp;&nbsp;36788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;944841 |
| Beijer Alma AB, Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;7196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142538 |
| Beijer Ref AB<sup>(a)</sup><br>| &nbsp;&nbsp;22714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350146 |
| Betsson AB, Class B<br>| &nbsp;&nbsp;82115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;679050 |
| BHG Group AB<sup>(c)</sup><br>| &nbsp;&nbsp;19944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29317 |
| Bilia AB, Class A<br>| &nbsp;&nbsp;26004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300121 |
| Bonava AB, Class B<br>| &nbsp;&nbsp;46211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140654 |
| Bravida Holding AB<sup>(b)</sup><br>| &nbsp;&nbsp;24114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266354 |
| Bure Equity AB<br>| &nbsp;&nbsp;10050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252915 |
| Byggmax Group AB<br>| &nbsp;&nbsp;31536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128175 |
| Catena AB<br>| &nbsp;&nbsp;&nbsp;&nbsp;4115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171809 |
| Cibus Nordic Real Estate AB<br>| &nbsp;&nbsp;&nbsp;&nbsp;8192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116096 |
| Clas Ohlson AB, Class B<sup>(a)</sup><br>| &nbsp;&nbsp;23279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154752 |
| Cloetta AB, Class B<br>| 107102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222392 |
| Coor Service Management Holding AB<sup>(b)</sup><br>| &nbsp;&nbsp;28492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182099 |
| Corem Property Group AB, Class B<sup>(a)</sup><br>| &nbsp;&nbsp;56541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51894 |
| Corem Property Group AB, Preference Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20038 |
| Dios Fastigheter AB<br>| &nbsp;&nbsp;25371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193311 |
| Dustin Group AB<sup>(b)</sup><br>| &nbsp;&nbsp;27922 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93822 |
| Electrolux Professional AB, Class B<sup>(a)</sup><br>| &nbsp;&nbsp;47814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222132 |
| Elekta AB, Class B<sup>(a)</sup><br>| &nbsp;&nbsp;99767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;724634 |
| EQT AB<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;9474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213433 |
| Evolution AB<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;7810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;876661 |
| Granges AB<br>| &nbsp;&nbsp;32643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271874 |
| Hexpol AB<br>| &nbsp;&nbsp;71788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;775171 |
| Hufvudstaden AB, Class A<sup>(a)</sup><br>| &nbsp;&nbsp;39047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;588245 |
| Indutrade AB<sup>(a)</sup><br>| &nbsp;&nbsp;32015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;710495 |
| Intrum AB<sup>(a)</sup><br>| &nbsp;&nbsp;37157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;482214 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Sweden-(continued)** | **Sweden-(continued)** | **Sweden-(continued)** |
| Investment AB Latour, Class B<sup>(a)</sup><br>| &nbsp;&nbsp;12955 | &nbsp;&nbsp;&nbsp;&nbsp;$273128 |
| Inwido AB<br>| &nbsp;&nbsp;17011 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185071 |
| JM AB<sup>(a)</sup><br>| &nbsp;&nbsp;27882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;519545 |
| L E Lundbergforetagen AB, Class B<br>| &nbsp;&nbsp;17687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;819089 |
| Lifco AB, Class B<br>| &nbsp;&nbsp;17523 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321427 |
| Lindab International AB<br>| &nbsp;&nbsp;14951 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211943 |
| Loomis AB<sup>(a)</sup><br>| &nbsp;&nbsp;19250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;572695 |
| MEKO AB<br>| &nbsp;&nbsp;19760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218364 |
| Modern Times Group MTG AB, Class B<sup>(c)</sup><br>| &nbsp;&nbsp;17880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157781 |
| Mycronic AB<br>| &nbsp;&nbsp;13110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279605 |
| NCC AB, Class A<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12814 |
| NCC AB, Class B<br>| &nbsp;&nbsp;30367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299991 |
| Neobo Fastigheter AB<sup>(a)(c)(d)</sup><br>| &nbsp;&nbsp;17463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32608 |
| New Wave Group AB, Class B<br>| &nbsp;&nbsp;13161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296061 |
| Nibe Industrier AB, Class B<br>| &nbsp;&nbsp;94471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1018825 |
| Nobia AB<br>| &nbsp;&nbsp;58623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102074 |
| Nolato AB, Class B<br>| &nbsp;&nbsp;28645 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173258 |
| Nordnet AB publ<br>| &nbsp;&nbsp;11179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181902 |
| Nyfosa AB<br>| &nbsp;&nbsp;32224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279993 |
| Pandox AB<sup>(c)</sup><br>| &nbsp;&nbsp;35610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490506 |
| Peab AB, Class B<br>| &nbsp;&nbsp;39535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246345 |
| Ratos AB, Class B<sup>(a)</sup><br>| 101437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;409036 |
| Resurs Holding AB, Class A<sup>(b)</sup><br>| 126766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337259 |
| Sagax AB, Class B<br>| &nbsp;&nbsp;14413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;358526 |
| Sagax AB, Class D<br>| &nbsp;&nbsp;&nbsp;&nbsp;8946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24005 |
| Samhallsbyggnadsbolaget i Norden AB, Class B<sup>(a)</sup><br>| 174631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;318923 |
| Samhallsbyggnadsbolaget i Norden AB, Class D<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;8287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16345 |
| Scandic Hotels Group AB<sup>(a)(b)(c)</sup><br>| &nbsp;&nbsp;77740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286067 |
| Stillfront Group AB<sup>(c)</sup><br>| &nbsp;&nbsp;74950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130675 |
| Sweco AB, Class B<br>| &nbsp;&nbsp;36759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399329 |
| Swedish Orphan Biovitrum AB, Class B<sup>(c)</sup><br>| &nbsp;&nbsp;37479 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;834079 |
| Thule Group AB<sup>(a)(b)</sup><br>| &nbsp;&nbsp;17279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413384 |
| Viaplay Group AB, Class B<sup>(a)(c)</sup><br>| &nbsp;&nbsp;17208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425021 |
| VNV Global AB<sup>(a)(c)</sup><br>| &nbsp;&nbsp;34263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94002 |
| Wallenstam AB, Class B<sup>(a)</sup><br>| &nbsp;&nbsp;62862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288511 |
| Wihlborgs Fastigheter AB<br>| &nbsp;&nbsp;73408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;604284 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;23001751 |
| **Switzerland-3.51%** | **Switzerland-3.51%** | **Switzerland-3.51%** |
| Allreal Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;2870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489189 |
| ALSO Holding AG<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360643 |
| Arbonia AG<sup>(a)</sup><br>| &nbsp;&nbsp;12701 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177824 |
| Aryzta AG<sup>(c)</sup><br>| 443081 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;602665 |
| Autoneum Holding AG<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224394 |
| Banque Cantonale Vaudoise<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;9915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;939248 |
| Belimo Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;457572 |
| BKW AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;6079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;871637 |
| Bucher Industries AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;1708 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;773011 |
| Burckhardt Compression Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;367625 |
| Bystronic AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138505 |
| Cembra Money Bank AG<br>| &nbsp;&nbsp;12155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1072387 |
| Daetwyler Holding AG, BR<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155772 |
| DKSH Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;9755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;828629 |
| dormakaba Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;1032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429648 |
| Emmi AG<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393560 |
| EMS-Chemie Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;690800 |
| Flughafen Zurich AG<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;823468 |
| Forbo Holding AG<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317917 |
| Galenica AG<sup>(b)</sup><br>| &nbsp;&nbsp;13258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1031779 |
| Huber + Suhner AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;4289 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;409937 |
| Inficon Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275021 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Switzerland-(continued)** | **Switzerland-(continued)** | **Switzerland-(continued)** |
| Interroll Holding AG, Class R<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55 | &nbsp;&nbsp;&nbsp;&nbsp;$170448 |
| IWG PLC<sup>(a)(c)</sup><br>| 235531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538025 |
| Komax Holding AG, Class R<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240546 |
| Kongsberg Automotive ASA<sup>(a)(c)</sup><br>| 784309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204274 |
| Landis+Gyr Group AG<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;8366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;615488 |
| Mediclinic International PLC<br>| 158257 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;967528 |
| Mobilezone Holding AG<br>| &nbsp;&nbsp;16625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300712 |
| Mobimo Holding AG<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266269 |
| OC Oerlikon Corp. AG<br>| &nbsp;&nbsp;78588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538317 |
| Rieter Holding AG<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129860 |
| SFS Group AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;3221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369424 |
| Siegfried Holding AG<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346263 |
| Stadler Rail AG<sup>(a)</sup><br>| &nbsp;&nbsp;15417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;587966 |
| Straumann Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;4337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565812 |
| Sulzer AG<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;509426 |
| Tecan Group AG, Class R<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420820 |
| Temenos AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;5359 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;381828 |
| u-blox Holding AG<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321401 |
| Valiant Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;2048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233073 |
| VAT Group AG<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;669261 |
| Vontobel Holding AG, Class R<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342889 |
| Wizz Air Holdings PLC<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224045 |
| Zehnder Group AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;2501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185952 |
| Zur Rose Group AG<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39352 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;21000210 |
| **Tanzania-0.02%** | **Tanzania-0.02%** | **Tanzania-0.02%** |
| Helios Towers PLC<sup>(a)(c)</sup><br>| &nbsp;&nbsp;89561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117977 |
| **Ukraine-0.06%** | **Ukraine-0.06%** | **Ukraine-0.06%** |
| Ferrexpo PLC<br>| 181640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;354210 |
| **United Arab Emirates-0.04%** | **United Arab Emirates-0.04%** | **United Arab Emirates-0.04%** |
| Network International Holdings PLC<sup>(a)(b)(c)</sup><br>| &nbsp;&nbsp;75612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245561 |
| **United Kingdom-6.74%** | **United Kingdom-6.74%** | **United Kingdom-6.74%** |
| 888 Holdings PLC<sup>(c)</sup><br>| &nbsp;&nbsp;80170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71683 |
| Ascential PLC<sup>(c)</sup><br>| &nbsp;&nbsp;63589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210429 |
| Ashmore Group PLC<br>| 154050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506505 |
| Assura PLC<br>| 638672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;439842 |
| Aston Martin Lagonda Global Holdings PLC<sup>(a)(b)(c)</sup><br>| &nbsp;&nbsp;62696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128063 |
| Auto Trader Group PLC<sup>(b)</sup><br>| &nbsp;&nbsp;72389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;561025 |
| Babcock International Group PLC<sup>(c)</sup><br>| 133005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500070 |
| Balanced Commercial Property Trust Ltd.<br>| 137688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134589 |
| Balfour Beatty PLC<br>| 147670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;666103 |
| Big Yellow Group PLC<br>| &nbsp;&nbsp;32445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;484542 |
| Bodycote PLC<br>| &nbsp;&nbsp;26399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211574 |
| Britvic PLC<br>| &nbsp;&nbsp;77472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;741070 |
| Capita PLC<sup>(c)</sup><br>| 508812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175266 |
| Capital & Counties Properties PLC<br>| 180979 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256224 |
| Capricorn Energy PLC<sup>(a)(c)</sup><br>| 126716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;378768 |
| Civitas Social Housing PLC<sup>(b)</sup><br>| 206650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145650 |
| Clarkson PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;5057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191440 |
| Close Brothers Group PLC<br>| &nbsp;&nbsp;32429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;386857 |
| CMC Markets PLC<sup>(b)</sup><br>| &nbsp;&nbsp;57329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170798 |
| Computacenter PLC<br>| &nbsp;&nbsp;15572 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;427338 |
| ConvaTec Group PLC<sup>(b)</sup><br>| 421851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1217568 |
| Cranswick PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;9584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375440 |
| Crest Nicholson Holdings PLC<br>| &nbsp;&nbsp;60681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181980 |
| Currys PLC<br>| 449032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;357940 |
| Dechra Pharmaceuticals PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;7462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264672 |
| Diploma PLC<br>| &nbsp;&nbsp;13173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445232 |
| Domino's Pizza Group PLC<br>| &nbsp;&nbsp;82519 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;318990 |
| Dr. Martens PLC<br>| &nbsp;&nbsp;49077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94353 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **United Kingdom-(continued)** | **United Kingdom-(continued)** | **United Kingdom-(continued)** |
| Dunelm Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;25667 | &nbsp;&nbsp;$368125 |
| Elementis PLC<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;118359 | &nbsp;&nbsp;&nbsp;&nbsp;182431 |
| EnQuest PLC<sup>(a)(c)</sup><br>| 1283861 | &nbsp;&nbsp;&nbsp;&nbsp;346143 |
| Essentra PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;40883 | &nbsp;&nbsp;&nbsp;&nbsp;109036 |
| Firstgroup PLC<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;239982 | &nbsp;&nbsp;&nbsp;&nbsp;320259 |
| Frasers Group PLC<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;68757 | &nbsp;&nbsp;&nbsp;&nbsp;665426 |
| Games Workshop Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4725 | &nbsp;&nbsp;&nbsp;&nbsp;547604 |
| Genuit Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;44116 | &nbsp;&nbsp;&nbsp;&nbsp;177598 |
| Genus PLC<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7392 | &nbsp;&nbsp;&nbsp;&nbsp;264479 |
| Grafton Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;65366 | &nbsp;&nbsp;&nbsp;&nbsp;739298 |
| Grainger PLC<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;155896 | &nbsp;&nbsp;&nbsp;&nbsp;498234 |
| Great Portland Estates PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;54266 | &nbsp;&nbsp;&nbsp;&nbsp;380465 |
| Greggs PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;16848 | &nbsp;&nbsp;&nbsp;&nbsp;558778 |
| Halfords Group PLC<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;79881 | &nbsp;&nbsp;&nbsp;&nbsp;201797 |
| Hammerson PLC<sup>(a)</sup><br>| 1531136 | &nbsp;&nbsp;&nbsp;&nbsp;505929 |
| Harbour Energy PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;91916 | &nbsp;&nbsp;&nbsp;&nbsp;355625 |
| Hargreaves Lansdown PLC<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;55249 | &nbsp;&nbsp;&nbsp;&nbsp;607943 |
| Hill & Smith PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;13623 | &nbsp;&nbsp;&nbsp;&nbsp;212358 |
| Ibstock PLC<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;127358 | &nbsp;&nbsp;&nbsp;&nbsp;264349 |
| Indivior PLC<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;17418 | &nbsp;&nbsp;&nbsp;&nbsp;417073 |
| IP Group PLC<br>| &nbsp;&nbsp;&nbsp;306988 | &nbsp;&nbsp;&nbsp;&nbsp;230539 |
| J D Wetherspoon PLC<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;34227 | &nbsp;&nbsp;&nbsp;&nbsp;192413 |
| JD Sports Fashion PLC<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;393189 | &nbsp;&nbsp;&nbsp;&nbsp;791521 |
| John Wood Group PLC<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;341361 | &nbsp;&nbsp;&nbsp;&nbsp;600071 |
| Jupiter Fund Management PLC<br>| &nbsp;&nbsp;&nbsp;150630 | &nbsp;&nbsp;&nbsp;&nbsp;259617 |
| Kier Group PLC<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;137858 | &nbsp;&nbsp;&nbsp;&nbsp;116256 |
| Lancashire Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;92721 | &nbsp;&nbsp;&nbsp;&nbsp;717484 |
| LondonMetric Property PLC<br>| &nbsp;&nbsp;&nbsp;159134 | &nbsp;&nbsp;&nbsp;&nbsp;371127 |
| LXI REIT PLC<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;137065 | &nbsp;&nbsp;&nbsp;&nbsp;190542 |
| Marshalls PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;24093 | &nbsp;&nbsp;&nbsp;&nbsp;101372 |
| Marston's PLC<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;227369 | &nbsp;&nbsp;&nbsp;&nbsp;122267 |
| Mitchells & Butlers PLC<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;96994 | &nbsp;&nbsp;&nbsp;&nbsp;196548 |
| Moneysupermarket.com Group PLC<br>| &nbsp;&nbsp;&nbsp;173315 | &nbsp;&nbsp;&nbsp;&nbsp;509523 |
| Morgan Sindall Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6562 | &nbsp;&nbsp;&nbsp;&nbsp;132649 |
| National Express Group PLC<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;174996 | &nbsp;&nbsp;&nbsp;&nbsp;289254 |
| NCC Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;72901 | &nbsp;&nbsp;&nbsp;&nbsp;168548 |
| Ninety One PLC<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;61456 | &nbsp;&nbsp;&nbsp;&nbsp;149880 |
| Ocado Group PLC<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;38181 | &nbsp;&nbsp;&nbsp;&nbsp;304654 |
| OSB Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;91469 | &nbsp;&nbsp;&nbsp;&nbsp;614274 |
| Oxford Instruments PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6987 | &nbsp;&nbsp;&nbsp;&nbsp;201710 |
| PageGroup PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;88318 | &nbsp;&nbsp;&nbsp;&nbsp;496019 |
| Paragon Banking Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;73783 | &nbsp;&nbsp;&nbsp;&nbsp;545914 |
| Pepco Group N.V.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;21884 | &nbsp;&nbsp;&nbsp;&nbsp;211957 |
| Petrofac Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;469053 | &nbsp;&nbsp;&nbsp;&nbsp;480440 |
| Pets at Home Group PLC<br>| &nbsp;&nbsp;&nbsp;153123 | &nbsp;&nbsp;&nbsp;&nbsp;666774 |
| Playtech PLC<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;113809 | &nbsp;&nbsp;&nbsp;&nbsp;791624 |
| Premier Foods PLC<br>| &nbsp;&nbsp;&nbsp;127073 | &nbsp;&nbsp;&nbsp;&nbsp;175212 |
| Primary Health Properties PLC<br>| &nbsp;&nbsp;&nbsp;298794 | &nbsp;&nbsp;&nbsp;&nbsp;413775 |
| Provident Financial PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;65671 | &nbsp;&nbsp;&nbsp;&nbsp;188687 |
| QinetiQ Group PLC<br>| &nbsp;&nbsp;&nbsp;160525 | &nbsp;&nbsp;&nbsp;&nbsp;716974 |
| Reach PLC<br>| &nbsp;&nbsp;&nbsp;111725 | &nbsp;&nbsp;&nbsp;&nbsp;125234 |
| Redde Northgate PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;49228 | &nbsp;&nbsp;&nbsp;&nbsp;263024 |
| Redrow PLC<br>| &nbsp;&nbsp;&nbsp;104768 | &nbsp;&nbsp;&nbsp;&nbsp;671729 |
| Renewi PLC<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;32373 | &nbsp;&nbsp;&nbsp;&nbsp;262238 |
| Renishaw PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3988 | &nbsp;&nbsp;&nbsp;&nbsp;193636 |
| Restaurant Group PLC (The)<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;243762 | &nbsp;&nbsp;&nbsp;&nbsp;109355 |
| Rightmove PLC<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;57277 | &nbsp;&nbsp;&nbsp;&nbsp;416059 |
| Rotork PLC<br>| &nbsp;&nbsp;&nbsp;173173 | &nbsp;&nbsp;&nbsp;&nbsp;682650 |
| S4 Capital PLC<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;45291 | &nbsp;&nbsp;&nbsp;&nbsp;121998 |
| Safestore Holdings PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;29235 | &nbsp;&nbsp;&nbsp;&nbsp;363873 |
| Saga PLC<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;57661 | &nbsp;&nbsp;&nbsp;&nbsp;132248 |
| Savills PLC<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;23823 | &nbsp;&nbsp;&nbsp;&nbsp;286100 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **United Kingdom-(continued)** | **United Kingdom-(continued)** | **United Kingdom-(continued)** |
| Serco Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;338440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$607898 |
| Shaftesbury PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297104 |
| Softcat PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231873 |
| Spire Healthcare Group PLC<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236077 |
| Spirent Communications PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;101242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273458 |
| SThree PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;311741 |
| Synthomer PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;146684 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281529 |
| Telecom Plus PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330343 |
| THG PLC<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;318453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227309 |
| TP ICAP Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;176811 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384409 |
| Tritax Big Box REIT PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;322902 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;622263 |
| Tritax EuroBox PLC<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;138748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115148 |
| Tyman PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170126 |
| UK Commercial Property REIT Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;230490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164011 |
| UNITE Group PLC (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;783254 |
| Vesuvius PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199727 |
| Victrex PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;548968 |
| Vistry Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;103389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950366 |
| Watches of Switzerland Group PLC<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233288 |
| WH Smith PLC<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;611145 |
| Wickes Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167245 |
| Workspace Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210541 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40300553 |
| **United States-0.86%** | **United States-0.86%** | **United States-0.86%** |
| Argonaut Gold, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;134937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71799 |
| Brookfield Renewable Corp., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411515 |
| Diversified Energy Co. PLC<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;187728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256072 |
| JS Global Lifestyle Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;274074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333248 |
| Oracle Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675839 |
| Primo Water Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;803318 |
| Reliance Worldwide Corp. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;137414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;343776 |
| RHI Magnesita N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199967 |
| Samsonite International S.A.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;413805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1227391 |
| Sims Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;705511 |
| Sinch AB<sup>(a)(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142066 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5170502 |
| &nbsp;&nbsp;&nbsp;Total Common Stocks & Other Equity Interests<br>(Cost $596,169,522) | &nbsp;&nbsp;&nbsp;Total Common Stocks & Other Equity Interests<br>(Cost $596,169,522) | &nbsp;&nbsp;596839270 |
| **Money Market Funds-0.00%** | **Money Market Funds-0.00%** | **Money Market Funds-0.00%** |
| Invesco Government & Agency Portfolio, Institutional Class, 4.30%<sup>(e)(f)</sup><br>(Cost $11,634)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11634 |
| TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.74%<br>(Cost $596,181,156) | TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.74%<br>(Cost $596,181,156) | &nbsp;&nbsp;596850904 |
| **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** |
| **Money Market Funds-12.03%** | **Money Market Funds-12.03%** | **Money Market Funds-12.03%** |
| Invesco Private Government Fund, 4.36%<sup>(e)(f)(g)</sup><br>| 20155642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20155642 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Money Market Funds-(continued)** | **Money Market Funds-(continued)** | **Money Market Funds-(continued)** |
| Invesco Private Prime Fund, 4.59%<sup>(e)(f)(g)</sup><br>| 51822229 | &nbsp;&nbsp;$51837775 |
| &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $71,986,148) | &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $71,986,148) | &nbsp;&nbsp;&nbsp;&nbsp;71993417 |
| TOTAL INVESTMENTS IN SECURITIES-111.77%<br>(Cost $668,167,304) | TOTAL INVESTMENTS IN SECURITIES-111.77%<br>(Cost $668,167,304) | &nbsp;&nbsp;668844321 |
| OTHER ASSETS LESS LIABILITIES-(11.77)% | OTHER ASSETS LESS LIABILITIES-(11.77)% | &nbsp;&nbsp;&nbsp;(70449139) |
| NET ASSETS-100.00% | NET ASSETS-100.00% | $598395182 |

---

---

| |
|:---|
| Investment Abbreviations: |
| BR-Bearer Shares |
| CDI-CREST Depository Interest |
| CVA-Dutch Certificates |
| FDR-Fiduciary Depositary Receipt |
| Pfd.-Preferred |
| REIT-Real Estate Investment Trust |
| RSP-Registered Savings Plan Shares |
| Wts.-Warrants |

---

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | All or a portion of this security was out on loan at January 31, 2023. |
| <sup>(b)</sup> | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2023 was $31,170,154, which represented 5.21% of the Fund's Net Assets. |
| <sup>(c)</sup> | Non-income producing security. |
| <sup>(d)</sup> | Security valued using significant unobservable inputs (Level 3). See Note 1. |
| <sup>(e)</sup> | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2023. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> October 31, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;$599917 | &nbsp;&nbsp;&nbsp;$5140759 | &nbsp;&nbsp;&nbsp;$(5729042) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$11634 | &nbsp;&nbsp;&nbsp;&nbsp;$5174 |
| &nbsp;&nbsp;**Investments Purchased with Cash Collateral from Securities on Loan:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Private Government Fund | &nbsp;&nbsp;&nbsp;&nbsp;22006479 | &nbsp;&nbsp;&nbsp;&nbsp;19743290 | &nbsp;&nbsp;&nbsp;&nbsp;(21594127) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;20155642 | &nbsp;&nbsp;&nbsp;&nbsp;206,995\* |
| &nbsp;&nbsp;Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp;&nbsp;55915444 | &nbsp;&nbsp;&nbsp;&nbsp;40917639 | &nbsp;&nbsp;&nbsp;&nbsp;(45011655) | &nbsp;&nbsp;&nbsp;&nbsp;9296 | &nbsp;&nbsp;&nbsp;&nbsp;7051 | &nbsp;&nbsp;&nbsp;&nbsp;51837775 | &nbsp;&nbsp;&nbsp;&nbsp;562,707\* |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;&nbsp;$78521840 | &nbsp;&nbsp;&nbsp;$65801688 | &nbsp;&nbsp;&nbsp;$(72334824) | &nbsp;&nbsp;&nbsp;$9296 | &nbsp;&nbsp;&nbsp;$7051 | &nbsp;&nbsp;&nbsp;$72005051 | &nbsp;&nbsp;&nbsp;$774876 |

---

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

<sup>(f)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2023. <br> <sup>(g)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

Schedule of Investments<br>

### Invesco FTSE RAFI Emerging Markets ETF (PXH)
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks & Other Equity Interests-99.78%** | **Common Stocks & Other Equity Interests-99.78%** | **Common Stocks & Other Equity Interests-99.78%** |
| **Australia-0.22%** | **Australia-0.22%** | **Australia-0.22%** |
| AngloGold Ashanti Ltd.<br>| &nbsp;&nbsp;&nbsp;143651 | &nbsp;&nbsp;&nbsp;&nbsp;$3009931 |
| **Brazil-14.37%** | **Brazil-14.37%** | **Brazil-14.37%** |
| Ambev S.A.<br>| 1969444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5283879 |
| B3 S.A. - Brasil, Bolsa, Balcao<br>| 1423855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3624343 |
| Banco Bradesco S.A.<br>| 1441416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3572788 |
| Banco Bradesco S.A., Preference Shares<br>| 4868906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13407195 |
| Banco do Brasil S.A.<br>| 1324558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10588243 |
| Banco Santander Brasil S.A.<br>| &nbsp;&nbsp;&nbsp;420800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2392670 |
| Braskem S.A., Class A, Preference Shares<br>| &nbsp;&nbsp;&nbsp;170009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;779014 |
| BRF S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;826900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1292780 |
| CCR S.A.<br>| &nbsp;&nbsp;&nbsp;809900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1870670 |
| Centrais Eletricas Brasileiras S.A.<br>| &nbsp;&nbsp;&nbsp;576950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4606353 |
| Centrais Eletricas Brasileiras S.A., Class B, Preference Shares<br>| &nbsp;&nbsp;&nbsp;257900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2151256 |
| Cia de Saneamento Basico do Estado de Sao Paulo<br>| &nbsp;&nbsp;&nbsp;277592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3034650 |
| Cia Energetica de Minas Gerais<br>| &nbsp;&nbsp;&nbsp;296105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;967738 |
| Cia Energetica de Minas Gerais, Preference Shares<br>| 1026468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2310407 |
| Cia Paranaense de Energia<br>| &nbsp;&nbsp;&nbsp;270100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364982 |
| Cia Paranaense de Energia, Class B, Preference Shares<br>| 1121480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1711477 |
| Cia Siderurgica Nacional S.A.<br>| &nbsp;&nbsp;&nbsp;331582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1204817 |
| Cielo S.A.<br>| 3096422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3046887 |
| Cogna Educacao<sup>(a)</sup><br>| 4162000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1945528 |
| Cosan S.A.<br>| &nbsp;&nbsp;&nbsp;405165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1328945 |
| Embraer S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;517667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1662366 |
| Energisa S.A.<br>| &nbsp;&nbsp;&nbsp;149600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1241415 |
| Equatorial Energia S.A.<br>| &nbsp;&nbsp;&nbsp;425200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2340022 |
| Gerdau S.A., Preference Shares<br>| &nbsp;&nbsp;&nbsp;665892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4281944 |
| Hapvida Participacoes e Investimentos S.A.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;566200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;572711 |
| Itau Unibanco Holding S.A.<br>| &nbsp;&nbsp;&nbsp;412900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1747635 |
| Itau Unibanco Holding S.A., Preference Shares<br>| 4300175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21393401 |
| Itausa S.A., Preference Shares<br>| 1506153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2523345 |
| Klabin S.A.<br>| &nbsp;&nbsp;&nbsp;334300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1269847 |
| Lojas Renner S.A.<br>| &nbsp;&nbsp;&nbsp;281810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1197213 |
| Metalurgica Gerdau S.A., Preference Shares<br>| 1228500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3496247 |
| Natura & Co. Holding S.A.<br>| &nbsp;&nbsp;&nbsp;443200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1266547 |
| Petroleo Brasileiro S.A.<br>| 2577962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14916529 |
| Petroleo Brasileiro S.A., Preference Shares<br>| 3895847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19948096 |
| Rumo S.A.<br>| &nbsp;&nbsp;&nbsp;524900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1894875 |
| Suzano S.A.<br>| &nbsp;&nbsp;&nbsp;163268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1486630 |
| Telefonica Brasil S.A.<br>| &nbsp;&nbsp;&nbsp;350943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2882565 |
| TIM S.A.<br>| &nbsp;&nbsp;&nbsp;546866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1266349 |
| Ultrapar Participacoes S.A.<br>| 1140092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2953542 |
| Usinas Siderurgicas de Minas Gerais S.A. Usiminas<br>| &nbsp;&nbsp;&nbsp;112500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193339 |
| Usinas Siderurgicas de Minas Gerais S.A. Usiminas, Class A, Preference Shares<br>| &nbsp;&nbsp;&nbsp;327800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;549182 |
| Vale S.A.<br>| 1846038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34267066 |
| Via S/A<sup>(a)</sup><br>| 2421200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1141302 |
| Vibra Energia S.A.<br>| 1169619 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3781227 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;193758017 |
| **Canada-0.15%** | **Canada-0.15%** | **Canada-0.15%** |
| Canadian Solar, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;47619 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2003331 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Chile-0.79%** | **Chile-0.79%** | **Chile-0.79%** |
| Banco de Chile<br>| 21478868 | &nbsp;&nbsp;$2339043 |
| Banco Santander Chile<br>| 44569526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1867245 |
| Cencosud S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;690138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1235320 |
| Enel Americas S.A.<br>| 14315944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1888723 |
| Falabella S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;585624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1356120 |
| Sociedad Quimica y Minera de Chile S.A., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191593 |
| Sociedad Quimica y Minera de Chile S.A., Class B, Preference Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1830630 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;10708674 |
| **China-37.96%** | **China-37.96%** | **China-37.96%** |
| Agricultural Bank of China Ltd., A Shares<br>| 11197400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4822358 |
| Agricultural Bank of China Ltd., H Shares<br>| 35656919 | &nbsp;&nbsp;&nbsp;&nbsp;12860109 |
| Alibaba Group Holding Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;3450341 | &nbsp;&nbsp;&nbsp;&nbsp;47693570 |
| Aluminum Corp. of China Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;689300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;542754 |
| Aluminum Corp. of China Ltd., H Shares<br>| &nbsp;&nbsp;2707840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1440533 |
| Anhui Conch Cement Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;163000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;711978 |
| Anhui Conch Cement Co. Ltd., H Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;718798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2723501 |
| ANTA Sports Products Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;101106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1527189 |
| Baidu, Inc., A Shares<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;669518 | &nbsp;&nbsp;&nbsp;&nbsp;11308748 |
| Bank of Beijing Co. Ltd., A Shares<br>| &nbsp;&nbsp;1921900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1210182 |
| Bank of China Ltd., A Shares<br>| &nbsp;&nbsp;3281600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1563835 |
| Bank of China Ltd., H Shares<br>| 46812626 | &nbsp;&nbsp;&nbsp;&nbsp;17893746 |
| Bank of Communications Co. Ltd., A Shares<br>| &nbsp;&nbsp;3826693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2749301 |
| Bank of Communications Co. Ltd., H Shares<br>| 10096305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6234076 |
| Baoshan Iron & Steel Co. Ltd., A Shares<br>| &nbsp;&nbsp;1261900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1154151 |
| BYD Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;421861 |
| BYD Co. Ltd., H Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2023411 |
| CGN Power Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;261200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104893 |
| CGN Power Co. Ltd., H Shares<sup>(b)</sup><br>| &nbsp;&nbsp;5763477 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1347165 |
| China CITIC Bank Corp. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;444001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;331837 |
| China CITIC Bank Corp. Ltd., H Shares<br>| &nbsp;&nbsp;6121321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2957146 |
| China Coal Energy Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;270900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349772 |
| China Coal Energy Co. Ltd., H Shares<br>| &nbsp;&nbsp;1557156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1250424 |
| China Conch Environment Protection Holdings Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;398466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174361 |
| China Conch Venture Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;394246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;833904 |
| China Construction Bank Corp., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;294200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244261 |
| China Construction Bank Corp., H Shares<br>| 42946625 | &nbsp;&nbsp;&nbsp;&nbsp;27905589 |
| China Everbright Bank Co. Ltd., A Shares<br>| &nbsp;&nbsp;4061200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1845194 |
| China Everbright Bank Co. Ltd., H Shares<br>| &nbsp;&nbsp;4349602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1389888 |
| China Everbright Environment Group Ltd.<br>| &nbsp;&nbsp;2265111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1005618 |
| China Gas Holdings Ltd.<br>| &nbsp;&nbsp;1424912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2225978 |
| China Hongqiao Group Ltd.<br>| &nbsp;&nbsp;1510908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1758459 |
| China Life Insurance Co. Ltd., H Shares<br>| &nbsp;&nbsp;3448048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6334321 |
| China Longyuan Power Group Corp. Ltd., H Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;630317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;866846 |
| China Mengniu Dairy Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;498828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2402327 |
| China Merchants Bank Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;530600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3251480 |
| China Merchants Bank Co. Ltd., H Shares<br>| &nbsp;&nbsp;1378569 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8943010 |
| China Minsheng Banking Corp. Ltd., A Shares<br>| &nbsp;&nbsp;4443245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2297883 |
| China Minsheng Banking Corp. Ltd., H Shares<sup>(c)</sup><br>| 11571539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4325367 |
| China National Building Material Co. Ltd., H Shares<br>| &nbsp;&nbsp;2661515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2437910 |
| China Overseas Land & Investment Ltd.<br>| &nbsp;&nbsp;3106346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8412103 |
| China Pacific Insurance (Group) Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;341900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1310104 |

---

See accompanying notes which are an integral part of this schedule.

------

### Invesco FTSE RAFI Emerging Markets ETF (PXH)—(continued)<br>
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **China-(continued)** | **China-(continued)** | **China-(continued)** |
| China Pacific Insurance (Group) Co. Ltd., H Shares<br>| &nbsp;&nbsp;1968853 | &nbsp;&nbsp;$5429957 |
| China Petroleum & Chemical Corp., A Shares<br>| &nbsp;&nbsp;2946600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1976425 |
| China Petroleum & Chemical Corp., H Shares<br>| 33075448 | &nbsp;&nbsp;&nbsp;&nbsp;17894039 |
| China Power International Development Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;4116199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1764412 |
| China Railway Group Ltd., A Shares<br>| &nbsp;&nbsp;2147200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1811326 |
| China Railway Group Ltd., H Shares<br>| &nbsp;&nbsp;5885778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3218571 |
| China Resources Cement Holdings Ltd.<br>| &nbsp;&nbsp;1462688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;849972 |
| China Resources Gas Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;329526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1385190 |
| China Resources Land Ltd.<br>| &nbsp;&nbsp;1720016 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8250582 |
| China Resources Power Holdings Co. Ltd.<br>| &nbsp;&nbsp;1829004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3798685 |
| China Shenhua Energy Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;358100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1507413 |
| China Shenhua Energy Co. Ltd., H Shares<br>| &nbsp;&nbsp;2437495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7571937 |
| China State Construction Engineering Corp. Ltd., A Shares<br>| &nbsp;&nbsp;4975037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4079016 |
| China Tower Corp. Ltd., H Shares<sup>(b)</sup><br>| 16229063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1849429 |
| China United Network Communications Ltd., A Shares<br>| &nbsp;&nbsp;2585400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2005544 |
| China Vanke Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;697300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1887481 |
| China Vanke Co. Ltd., H Shares<br>| &nbsp;&nbsp;1941282 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3922908 |
| Chongqing Rural Commercial Bank Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239364 |
| Chongqing Rural Commercial Bank Co. Ltd., H Shares<br>| &nbsp;&nbsp;3112920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1123877 |
| CIFI Holdings Group Co. Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;2466313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364981 |
| CITIC Ltd.<br>| &nbsp;&nbsp;1653551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1939052 |
| CITIC Securities Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;220500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;701921 |
| CITIC Securities Co. Ltd., H Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;723562 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1661288 |
| COSCO SHIPPING Holdings Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;175580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277042 |
| COSCO SHIPPING Holdings Co. Ltd., H Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;670929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;696041 |
| Country Garden Holdings Co. Ltd.<br>| &nbsp;&nbsp;4465271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1674786 |
| CRRC Corp. Ltd., A Shares<br>| &nbsp;&nbsp;1232700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;978225 |
| CRRC Corp. Ltd., H Shares<br>| &nbsp;&nbsp;2927185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1329532 |
| CSPC Pharmaceutical Group Ltd.<br>| &nbsp;&nbsp;1467946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1684241 |
| ENN Energy Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;206019 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3101370 |
| Geely Automobile Holdings Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;1997050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3270502 |
| GF Securities Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;151300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391521 |
| GF Securities Co. Ltd., H Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;563371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;921397 |
| Great Wall Motor Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191100 |
| Great Wall Motor Co. Ltd., H Shares<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;585514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;830277 |
| Greentown China Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;780751 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1149430 |
| Guangzhou Automobile Group Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153636 |
| Guangzhou Automobile Group Co. Ltd., H Shares<br>| &nbsp;&nbsp;1157901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;830180 |
| Haier Smart Home Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;127100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;485516 |
| Haier Smart Home Co. Ltd., H Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;700307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2588316 |
| Haitong Securities Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;342900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475170 |
| Haitong Securities Co. Ltd., H Shares<br>| &nbsp;&nbsp;1785640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1230133 |
| Hengan International Group Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;264872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1300951 |
| Huaneng Power International, Inc., A Shares<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;467700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;517748 |
| Huaneng Power International, Inc., H Shares<sup>(a)(c)</sup><br>| &nbsp;&nbsp;4426256 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2164013 |
| Huatai Securities Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;217800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;419093 |
| Huatai Securities Co. Ltd., H Shares<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;682732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;883187 |
| Huaxia Bank Co. Ltd., A Shares<br>| &nbsp;&nbsp;1652992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1276689 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **China-(continued)** | **China-(continued)** | **China-(continued)** |
| Industrial & Commercial Bank of China Ltd., A Shares<br>| &nbsp;&nbsp;3119712 | &nbsp;&nbsp;$1996251 |
| Industrial & Commercial Bank of China Ltd., H Shares<br>| 46362702 | &nbsp;&nbsp;&nbsp;&nbsp;24840999 |
| Industrial Bank Co. Ltd., A Shares<br>| &nbsp;&nbsp;1081800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2829810 |
| JD.com, Inc., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;309329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9205454 |
| Jiangxi Copper Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;138000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400153 |
| Jiangxi Copper Co. Ltd., H Shares<br>| &nbsp;&nbsp;1106361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1912721 |
| JinkoSolar Holding Co. Ltd., ADR<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1842498 |
| JOYY, Inc., ADR<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1339855 |
| Kunlun Energy Co. Ltd.<br>| &nbsp;&nbsp;1848683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1457522 |
| Kweichow Moutai Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1693621 |
| Longfor Group Holdings Ltd.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;867040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2886245 |
| Lufax Holding Ltd., ADR<br>| &nbsp;&nbsp;&nbsp;&nbsp;339436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1035280 |
| Meituan, B Shares<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;246999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5501786 |
| Metallurgical Corp. of China Ltd., A Shares<br>| &nbsp;&nbsp;1106200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;551713 |
| Metallurgical Corp. of China Ltd., H Shares<br>| &nbsp;&nbsp;2779598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;629881 |
| NetEase, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;264779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4685947 |
| New China Life Insurance Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;104800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;484389 |
| New China Life Insurance Co. Ltd., H Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;692408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1855007 |
| New Oriental Education & Technology Group, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;1418701 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6153648 |
| People's Insurance Co. Group of China Ltd. (The), H Shares<br>| &nbsp;&nbsp;7339826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2472031 |
| PetroChina Co. Ltd., H Shares<br>| 23060395 | &nbsp;&nbsp;&nbsp;&nbsp;12326487 |
| PICC Property & Casualty Co. Ltd., H Shares<br>| &nbsp;&nbsp;2505938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2356145 |
| Ping An Bank Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;817800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1822788 |
| Ping An Insurance (Group) Co. of China Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;535600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4041008 |
| Ping An Insurance (Group) Co. of China Ltd., H Shares<br>| &nbsp;&nbsp;4183380 | &nbsp;&nbsp;&nbsp;&nbsp;32664407 |
| Poly Developments and Holdings Group Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;587900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1368616 |
| Postal Savings Bank of China Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;961700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;686702 |
| Postal Savings Bank of China Co. Ltd., H Shares<sup>(b)(c)</sup><br>| &nbsp;&nbsp;6279875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4270144 |
| SAIC Motor Corp. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;902856 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2011712 |
| Shanghai Pharmaceuticals Holding Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;133000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368796 |
| Shanghai Pharmaceuticals Holding Co. Ltd., H Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;873985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1544371 |
| Shanghai Pudong Development Bank Co. Ltd., A Shares<br>| &nbsp;&nbsp;2816252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3076811 |
| Shenzhou International Group Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;106360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1333138 |
| Sino Biopharmaceutical Ltd.<br>| &nbsp;&nbsp;1929553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1126341 |
| Sinopharm Group Co. Ltd., H Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;537360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1317598 |
| Sunny Optical Technology Group Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61482 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;833746 |
| TAL Education Group, ADR<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;496533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3629656 |
| Tencent Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;636238 | &nbsp;&nbsp;&nbsp;&nbsp;31022340 |
| Trip.com Group Ltd., ADR<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;174939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6430758 |
| Vipshop Holdings Ltd., ADR<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;326137 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5045339 |
| Weichai Power Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;242700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;404046 |
| Weichai Power Co. Ltd., H Shares<br>| &nbsp;&nbsp;1022382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1548938 |
| Xiaomi Corp., B Shares<sup>(a)(b)</sup><br>| &nbsp;&nbsp;3449559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5685784 |
| Yangzijiang Shipbuilding Holdings Ltd.<br>| &nbsp;&nbsp;1290742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1273374 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **China-(continued)** | **China-(continued)** | **China-(continued)** |
| Yankuang Energy Group Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;42000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$214024 |
| Yankuang Energy Group Co. Ltd., H Shares<br>| &nbsp;&nbsp;&nbsp;989239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3173975 |
| Zhongsheng Group Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;206818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1172002 |
| Zijin Mining Group Co. Ltd., A Shares<br>| &nbsp;&nbsp;&nbsp;275600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;483754 |
| Zijin Mining Group Co. Ltd., H Shares<br>| 1066590 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1764395 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;512012615 |
| **India-12.40%** | **India-12.40%** | **India-12.40%** |
| Axis Bank Ltd.<br>| &nbsp;&nbsp;&nbsp;550830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5877480 |
| Bank of Baroda<br>| &nbsp;&nbsp;&nbsp;947236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1950442 |
| Bharat Petroleum Corp. Ltd.<br>| &nbsp;&nbsp;&nbsp;747250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3134901 |
| Bharti Airtel Ltd.<br>| &nbsp;&nbsp;&nbsp;432322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4071832 |
| Coal India Ltd.<br>| 1732176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4768288 |
| GAIL (India) Ltd.<br>| 2029911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2362542 |
| Grasim Industries Ltd.<br>| &nbsp;&nbsp;&nbsp;143337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2787428 |
| HCL Technologies Ltd.<br>| &nbsp;&nbsp;&nbsp;188198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2587156 |
| Hero MotoCorp Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;60524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2045304 |
| Hindalco Industries Ltd.<br>| &nbsp;&nbsp;&nbsp;688905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3956684 |
| Hindustan Petroleum Corp. Ltd.<br>| &nbsp;&nbsp;&nbsp;546691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1591561 |
| Hindustan Unilever Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;95877 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3021517 |
| Housing Development Finance Corp. Ltd.<br>| &nbsp;&nbsp;&nbsp;366800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11776316 |
| ICICI Bank Ltd.<br>| &nbsp;&nbsp;&nbsp;279851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2863355 |
| Indiabulls Housing Finance Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;819794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1234597 |
| Indian Oil Corp. Ltd.<br>| 2282917 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2282506 |
| Indus Towers Ltd.<br>| &nbsp;&nbsp;&nbsp;428918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;806379 |
| Infosys Ltd.<br>| &nbsp;&nbsp;&nbsp;525417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9891553 |
| ITC Ltd.<br>| &nbsp;&nbsp;&nbsp;949793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4100943 |
| Jindal Steel & Power Ltd.<br>| &nbsp;&nbsp;&nbsp;275812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1971308 |
| JSW Steel Ltd.<br>| &nbsp;&nbsp;&nbsp;313791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2757124 |
| Larsen & Toubro Ltd.<br>| &nbsp;&nbsp;&nbsp;198005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5144688 |
| Mahindra & Mahindra Ltd.<br>| &nbsp;&nbsp;&nbsp;379942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6407983 |
| Maruti Suzuki India Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;24491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2667317 |
| NTPC Ltd.<br>| 1911506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3999249 |
| Oil & Natural Gas Corp. Ltd.<br>| 2421618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4299224 |
| Piramal Enterprises Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;48081 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;507117 |
| Power Grid Corp. of India Ltd.<br>| 1391408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3690135 |
| REC Ltd.<br>| 1007325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500081 |
| Reliance Industries Ltd.<br>| &nbsp;&nbsp;&nbsp;731544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21070091 |
| Shriram Finance Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;93959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1479928 |
| State Bank of India<br>| &nbsp;&nbsp;&nbsp;785980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5329557 |
| Sun Pharmaceutical Industries Ltd.<br>| &nbsp;&nbsp;&nbsp;160719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2032999 |
| Tata Consultancy Services Ltd.<br>| &nbsp;&nbsp;&nbsp;141456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5830421 |
| Tata Motors Ltd.<sup>(a)</sup><br>| 1435407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7981820 |
| Tata Motors Ltd., Class A<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;248900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;706364 |
| Tata Power Co. Ltd. (The)<br>| &nbsp;&nbsp;&nbsp;579764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1514653 |
| Tata Steel Ltd.<br>| 4449508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6547996 |
| Tech Mahindra Ltd.<br>| &nbsp;&nbsp;&nbsp;121906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1516079 |
| UltraTech Cement Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;16447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1425134 |
| UPL Ltd.<br>| &nbsp;&nbsp;&nbsp;178568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1657010 |
| Vedanta Ltd.<br>| &nbsp;&nbsp;&nbsp;830681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3393851 |
| Wipro Ltd.<br>| &nbsp;&nbsp;&nbsp;162170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;794232 |
| Yes Bank Ltd.<sup>(a)</sup><br>| 9290365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1956075 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;167291220 |
| **Indonesia-1.57%** | **Indonesia-1.57%** | **Indonesia-1.57%** |
| PT Adaro Energy Indonesia Tbk<br>| 8827170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1743057 |
| PT Astra International Tbk<br>| 5023139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2016596 |
| PT Bank Central Asia Tbk<br>| 7306119 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4140637 |
| PT Bank Mandiri (Persero) Tbk<br>| 4625054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3075967 |
| PT Bank Negara Indonesia (Persero) Tbk<br>| 3265280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1998440 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Indonesia-(continued)** | **Indonesia-(continued)** | **Indonesia-(continued)** |
| PT Bank Rakyat Indonesia (Persero) Tbk<br>| &nbsp;&nbsp;&nbsp;&nbsp;15692585 | &nbsp;&nbsp;$4805439 |
| PT Telkom Indonesia (Persero) Tbk<br>| &nbsp;&nbsp;&nbsp;&nbsp;13062366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3380317 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;21160453 |
| **Malaysia-0.48%** | **Malaysia-0.48%** | **Malaysia-0.48%** |
| CIMB Group Holdings Bhd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1132200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1529898 |
| Malayan Banking Bhd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;782100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1603775 |
| Petronas Chemicals Group Bhd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;844900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1658318 |
| Public Bank Bhd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1729100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1721175 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6513166 |
| **Mexico-3.49%** | **Mexico-3.49%** | **Mexico-3.49%** |
| America Movil S.A.B. de C.V., Series L<br>| &nbsp;&nbsp;&nbsp;&nbsp;11348748 | &nbsp;&nbsp;&nbsp;&nbsp;11879966 |
| Arca Continental S.A.B. de C.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1813531 |
| Cemex S.A.B. de C.V., Series CPO<sup>(a)(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;11835247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6320525 |
| Fomento Economico Mexicano S.A.B. de C.V., Series CPO<sup>(e)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;941135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8256958 |
| Grupo Financiero Banorte S.A.B. de C.V., Class O<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;867173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7204455 |
| Grupo Mexico S.A.B. de C.V., Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;719370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3204257 |
| Grupo Televisa S.A.B., Series CPO<sup>(f)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1206114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1477490 |
| Sitios Latinoamerica S.A.B. de C.V.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;546294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253097 |
| Wal-Mart de Mexico S.A.B. de C.V., Series V<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1697561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6660218 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;47070497 |
| **Russia-0.00%** | **Russia-0.00%** | **Russia-0.00%** |
| Aeroflot PJSC<sup>(a)(g)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1684800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Alrosa PJSC<sup>(a)(g)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1976600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Gazprom PJSC<sup>(g)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9643940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Inter RAO UES PJSC<sup>(g)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;29081146 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Lukoil PJSC<sup>(g)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Magnit PJSC<sup>(g)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| MMC Norilsk Nickel PJSC<sup>(g)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Mobile TeleSystems PJSC<sup>(g)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;921186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Moscow Exchange MICEX-RTS PJSC<sup>(a)(g)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Novatek PJSC<sup>(g)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Novolipetsk Steel PJSC<sup>(g)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;795328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Rosneft Oil Co. PJSC<sup>(g)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1054960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Sberbank of Russia PJSC<sup>(g)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7562894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Severstal PAO<sup>(g)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Sistema PJSFC<sup>(a)(g)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3408447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Surgutneftegas PJSC<sup>(g)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3493738 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Surgutneftegas PJSC, Preference Shares<sup>(g)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3804484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Tatneft PJSC<sup>(g)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;753855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Tatneft PJSC, Preference Shares<sup>(g)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| VTB Bank PJSC<sup>(a)(g)</sup><br>| 3563458267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| **Saudi Arabia-2.77%** | **Saudi Arabia-2.77%** | **Saudi Arabia-2.77%** |
| Al Rajhi Bank<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5858259 |
| Alinma Bank<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1722344 |
| Etihad Etisalat Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1419567 |
| Riyad Bank<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1968518 |
| Saudi Arabian Mining Co.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2720068 |
| Saudi Arabian Oil Co.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;598206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5260296 |
| Saudi Basic Industries Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6135052 |
| Saudi Electricity Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2422807 |
| Saudi Kayan Petrochemical Co.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1020612 |
| Saudi National Bank (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3622023 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Saudi Arabia-(continued)** | **Saudi Arabia-(continued)** | **Saudi Arabia-(continued)** |
| Saudi Telecom Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;441045 | &nbsp;&nbsp;$4351604 |
| Yanbu National Petrochemical Co., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;893212 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;37394362 |
| **Singapore-0.03%** | **Singapore-0.03%** | **Singapore-0.03%** |
| Yangzijiang Financial Holding Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;1301347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368524 |
| **South Africa-4.16%** | **South Africa-4.16%** | **South Africa-4.16%** |
| Absa Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;245896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2816456 |
| Aspen Pharmacare Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;141489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1227388 |
| Bid Corp. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1844754 |
| Bidvest Group Ltd. (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1191410 |
| Capitec Bank Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1179249 |
| Discovery Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;126940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1005177 |
| Exxaro Resources Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;105415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1320330 |
| FirstRand Ltd.<br>| &nbsp;&nbsp;1219667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4519774 |
| Foschini Group Ltd. (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;148443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;927625 |
| Gold Fields Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;247465 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2826375 |
| Impala Platinum Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;115644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1339687 |
| Kumba Iron Ore Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;834547 |
| Mr Price Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;797494 |
| MTN Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;529279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4470188 |
| Naspers Ltd., Class N<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7100886 |
| Nedbank Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;168776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2185634 |
| Old Mutual Ltd.<br>| &nbsp;&nbsp;1637310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1113897 |
| Remgro Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;140235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1126547 |
| Sanlam Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;468257 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1512717 |
| Sasol Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;314569 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5698977 |
| Shoprite Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;159485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2204260 |
| Sibanye Stillwater Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;825327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2184764 |
| Standard Bank Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;320460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3185384 |
| Steinhoff International Holdings N.V.<sup>(a)</sup><br>| 10010278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288755 |
| Vodacom Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;159031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1113285 |
| Woolworths Holdings Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;469798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2032848 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;56048408 |
| **Taiwan-12.98%** | **Taiwan-12.98%** | **Taiwan-12.98%** |
| Acer, Inc.<br>| &nbsp;&nbsp;1839000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1535955 |
| ASE Technology Holding Co. Ltd.<br>| &nbsp;&nbsp;1693362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5698111 |
| Asustek Computer, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;287641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2624131 |
| AUO Corp.<br>| &nbsp;&nbsp;5061615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2846966 |
| Catcher Technology Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;296000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1761802 |
| Cathay Financial Holding Co. Ltd.<br>| &nbsp;&nbsp;2820339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4021495 |
| Chailease Holding Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;266609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2017272 |
| China Development Financial Holding Corp.<br>| &nbsp;&nbsp;6044000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2674316 |
| China Steel Corp.<br>| &nbsp;&nbsp;4839653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5123494 |
| Chunghwa Telecom Co. Ltd.<br>| &nbsp;&nbsp;1006599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3759078 |
| Compal Electronics, Inc.<br>| &nbsp;&nbsp;1810000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1365632 |
| CTBC Financial Holding Co. Ltd.<br>| &nbsp;&nbsp;4395838 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3362193 |
| Delta Electronics, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;540506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5240741 |
| E.Sun Financial Holding Co. Ltd.<br>| &nbsp;&nbsp;2189073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1793371 |
| Evergreen Marine Corp. Taiwan Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;109200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;559516 |
| First Financial Holding Co. Ltd.<br>| &nbsp;&nbsp;1794466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1566401 |
| Formosa Chemicals & Fibre Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;426920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1029745 |
| Formosa Petrochemical Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;386000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1082664 |
| Formosa Plastics Corp.<br>| &nbsp;&nbsp;1170280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3492495 |
| Foxconn Technology Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;647000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1174518 |
| Fubon Financial Holding Co. Ltd.<br>| &nbsp;&nbsp;2395762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4830911 |
| Hon Hai Precision Industry Co. Ltd.<br>| &nbsp;&nbsp;2995064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9990868 |
| Innolux Corp.<br>| &nbsp;&nbsp;6211705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2543021 |
| Largan Precision Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2987924 |
| Lite-On Technology Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;563313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1250845 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Taiwan-(continued)** | **Taiwan-(continued)** | **Taiwan-(continued)** |
| MediaTek, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;222091 | &nbsp;&nbsp;&nbsp;&nbsp;$5381821 |
| Mega Financial Holding Co. Ltd.<br>| &nbsp;&nbsp;2180357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2329536 |
| Micro-Star International Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1187662 |
| Nan Ya Plastics Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;947940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2392415 |
| Novatek Microelectronics Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;107000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1278781 |
| Pegatron Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;666260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1439251 |
| Powertech Technology, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;503200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1406789 |
| President Chain Store Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;146000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1315898 |
| Quanta Computer, Inc.<br>| &nbsp;&nbsp;1097000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2742951 |
| Realtek Semiconductor Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;851398 |
| Shin Kong Financial Holding Co. Ltd.<br>| 10792998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3244897 |
| Sino-American Silicon Products, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;180000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;987251 |
| SinoPac Financial Holdings Co. Ltd.<br>| &nbsp;&nbsp;2251350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1303065 |
| Synnex Technology International Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;591000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1194092 |
| Taishin Financial Holding Co. Ltd.<br>| &nbsp;&nbsp;2520008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1371680 |
| Taiwan Cement Corp.<br>| &nbsp;&nbsp;1684292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2043080 |
| Taiwan Cooperative Financial Holding Co. Ltd.<br>| &nbsp;&nbsp;1607950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1421997 |
| Taiwan Semiconductor Manufacturing Co. Ltd.<br>| &nbsp;&nbsp;3140000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55396482 |
| Unimicron Technology Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;146000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675030 |
| Uni-President Enterprises Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;676941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1522751 |
| United Microelectronics Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;3219491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5258580 |
| Walsin Technology Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;755776 |
| Wistron Corp.<br>| &nbsp;&nbsp;1424875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1498094 |
| Yageo Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;114347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2081293 |
| Yuanta Financial Holding Co. Ltd.<br>| &nbsp;&nbsp;2275404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1711664 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;175125699 |
| **Thailand-4.44%** | **Thailand-4.44%** | **Thailand-4.44%** |
| Advanced Info Service PCL, NVDR<br>| &nbsp;&nbsp;&nbsp;&nbsp;400049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2367211 |
| Bangkok Bank PCL, NVDR<br>| &nbsp;&nbsp;&nbsp;&nbsp;766863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3696949 |
| Bangkok Dusit Medical Services PCL, NVDR<br>| &nbsp;&nbsp;2102213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1898777 |
| Banpu PCL, NVDR<br>| &nbsp;&nbsp;4912835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1733736 |
| Charoen Pokphand Foods PCL, NVDR<br>| &nbsp;&nbsp;3869776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2770445 |
| CP ALL PCL, NVDR<br>| &nbsp;&nbsp;1779041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3583951 |
| Indorama Ventures PCL, NVDR<br>| &nbsp;&nbsp;&nbsp;&nbsp;999191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1228133 |
| IRPC PCL, NVDR<br>| 11297173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1050667 |
| Kasikornbank PCL, NVDR<br>| &nbsp;&nbsp;1107161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4875361 |
| Krung Thai Bank PCL, NVDR<br>| &nbsp;&nbsp;7194011 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3821813 |
| Land & Houses PCL, NVDR<br>| &nbsp;&nbsp;4718659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1417470 |
| PTT Exploration & Production PCL, NVDR<br>| &nbsp;&nbsp;&nbsp;&nbsp;802962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4192518 |
| PTT Global Chemical PCL, NVDR<br>| &nbsp;&nbsp;2026535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3038954 |
| PTT PCL, NVDR<br>| &nbsp;&nbsp;9708996 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9813560 |
| SCB X PCL, NVDR<br>| &nbsp;&nbsp;1624095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5130957 |
| Siam Cement PCL (The), NVDR<br>| &nbsp;&nbsp;&nbsp;&nbsp;523565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5340862 |
| Thai Oil PCL, NVDR<br>| &nbsp;&nbsp;1417784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2491907 |
| TMBThanachart Bank PCL, NVDR<br>| 31375519 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1400086 |
| TMBThanachart Bank PCL, Wts., expiring 10/25/2025<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;351453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5643 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59859000 |
| **Turkey-3.73%** | **Turkey-3.73%** | **Turkey-3.73%** |
| Akbank T.A.S.<br>| &nbsp;&nbsp;5984938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5439184 |
| BIM Birlesik Magazalar A.S.<br>| &nbsp;&nbsp;&nbsp;&nbsp;369627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2452475 |
| Eregli Demir ve Celik Fabrikalari T.A.S.<br>| &nbsp;&nbsp;1204078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2448041 |
| Haci Omer Sabanci Holding A.S.<br>| &nbsp;&nbsp;2154982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4484984 |
| KOC Holding A.S.<br>| &nbsp;&nbsp;1269019 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5170919 |
| Turk Hava Yollari AO<sup>(a)</sup><br>| &nbsp;&nbsp;1261438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9261345 |
| Turkcell Iletisim Hizmetleri A.S.<br>| &nbsp;&nbsp;2015974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3901367 |
| Turkiye Garanti Bankasi A.S.<br>| &nbsp;&nbsp;1246711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1599771 |
| Turkiye Halk Bankasi A.S.<sup>(a)</sup><br>| &nbsp;&nbsp;3443093 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1921931 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Turkey-(continued)** | **Turkey-(continued)** | **Turkey-(continued)** |
| Turkiye Is Bankasi A.S., Class C<br>| 8387425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4867056 |
| Turkiye Petrol Rafinerileri A.S.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;210983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6633282 |
| Yapi ve Kredi Bankasi A.S.<br>| 4333242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2101648 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50282003 |
| **United States-0.24%** | **United States-0.24%** | **United States-0.24%** |
| JBS S.A.<br>| &nbsp;&nbsp;&nbsp;826440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3259369 |
| &nbsp;&nbsp;&nbsp;Total Common Stocks & Other Equity Interests<br>(Cost $1,316,049,556) | &nbsp;&nbsp;&nbsp;Total Common Stocks & Other Equity Interests<br>(Cost $1,316,049,556) | &nbsp;&nbsp;1345865269 |
| **Money Market Funds-0.59%** | **Money Market Funds-0.59%** | **Money Market Funds-0.59%** |
| Invesco Government & Agency Portfolio, Institutional Class, 4.30%<sup>(h)(i)</sup><br>(Cost $7,920,742)<br>| 7920742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7920742 |
| TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-100.37%<br>(Cost $1,323,970,298) | TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-100.37%<br>(Cost $1,323,970,298) | &nbsp;&nbsp;1353786011 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** |
| **Money Market Funds-0.79%** | **Money Market Funds-0.79%** | **Money Market Funds-0.79%** |
| Invesco Private Government Fund, 4.36%<sup>(h)(i)(j)</sup><br>| 3168557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3168557 |
| Invesco Private Prime Fund, 4.59%<sup>(h)(i)(j)</sup><br>| 7487033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7489279 |
| &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $10,657,770) | &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $10,657,770) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10657836 |
| TOTAL INVESTMENTS IN SECURITIES-101.16%<br>(Cost $1,334,628,068) | TOTAL INVESTMENTS IN SECURITIES-101.16%<br>(Cost $1,334,628,068) | &nbsp;&nbsp;1364443847 |
| OTHER ASSETS LESS LIABILITIES-(1.16)% | OTHER ASSETS LESS LIABILITIES-(1.16)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15664464) |
| NET ASSETS-100.00% | NET ASSETS-100.00% | $1348779383 |

---

---

| |
|:---|
| Investment Abbreviations: |
| ADR-American Depositary Receipt |
| CPO-Certificates of Ordinary Participation |
| NVDR-Non-Voting Depositary Receipt |
| Wts.-Warrants |

---

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Non-income producing security. |
| <sup>(b)</sup> | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2023 was $28,256,747, which represented 2.10% of the Fund's Net Assets. |
| <sup>(c)</sup> | All or a portion of this security was out on loan at January 31, 2023. |
| <sup>(d)</sup> | Each CPO for Cemex S.A.B. de C.V. represents two Series A shares and one Series B share. |
| <sup>(e)</sup> | Each CPO for Fomento Economico Mexicano, S.A.B. de C.V. represents one Series B share and four Series D shares. |
| <sup>(f)</sup> | Each CPO for Grupo Televisa S.A.B. represents twenty-five Series A shares, twenty-two Series B shares, thirty-five Series D shares and thirty-five Series L shares. |
| <sup>(g)</sup> | Security valued using significant unobservable inputs (Level 3). See Note 1. |
| <sup>(h)</sup> | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2023. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> October 31, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;$8531729 | &nbsp;&nbsp;&nbsp;$43250967 | &nbsp;&nbsp;&nbsp;$(43861954) | &nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$7920742 | &nbsp;&nbsp;&nbsp;$80504 |
| &nbsp;&nbsp;**Investments Purchased with Cash Collateral from Securities on Loan:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Private Government Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3383737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9031255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9246435) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3168557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40,054\* |
| &nbsp;&nbsp;Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8698849 | &nbsp;&nbsp;&nbsp;&nbsp;20881371 | &nbsp;&nbsp;&nbsp;&nbsp;(22094490) | &nbsp;&nbsp;&nbsp;&nbsp;298 | &nbsp;&nbsp;&nbsp;&nbsp;3251 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7489279 | &nbsp;&nbsp;&nbsp;&nbsp;109,596\* |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;&nbsp;$20614315 | &nbsp;&nbsp;&nbsp;$73163593 | &nbsp;&nbsp;&nbsp;$(75202879) | &nbsp;&nbsp;&nbsp;$298 | &nbsp;&nbsp;&nbsp;$3251 | &nbsp;&nbsp;&nbsp;$18578578 | &nbsp;&nbsp;&nbsp;$230154 |

---

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

<sup>(i)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2023. <br> <sup>(j)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

Schedule of Investments<br>

### Invesco Global Clean Energy ETF (PBD)
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks & Other Equity Interests-99.84%** | **Common Stocks & Other Equity Interests-99.84%** | **Common Stocks & Other Equity Interests-99.84%** |
| **Austria-0.76%** | **Austria-0.76%** | **Austria-0.76%** |
| Verbund AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;20275 | &nbsp;&nbsp;$1718636 |
| **Belgium-0.77%** | **Belgium-0.77%** | **Belgium-0.77%** |
| Elia Group S.A./N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;12436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1739589 |
| **Canada-4.68%** | **Canada-4.68%** | **Canada-4.68%** |
| Ballard Power Systems, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;271937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1775075 |
| Boralex, Inc., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;60762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1695334 |
| Canadian Solar, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;47527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1999461 |
| Innergex Renewable Energy, Inc.<br>| &nbsp;&nbsp;&nbsp;144334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1711218 |
| Li-Cycle Holdings Corp.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;282170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1535005 |
| NFI Group, Inc.<br>| &nbsp;&nbsp;&nbsp;227456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1842694 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;10558787 |
| **Chile-0.74%** | **Chile-0.74%** | **Chile-0.74%** |
| Sociedad Quimica y Minera de Chile S.A., ADR<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;17040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1662082 |
| **China-10.73%** | **China-10.73%** | **China-10.73%** |
| BYD Co. Ltd., H Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;70017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2188436 |
| CALB Co. Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;590214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1878643 |
| China Datang Corp. Renewable Power Co. Ltd., H Shares<br>| 5864210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1930161 |
| Flat Glass Group Co. Ltd., H Shares<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;594110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1856937 |
| Ganfeng Lithium Group Co. Ltd., H Shares<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;207718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1889418 |
| JinkoSolar Holding Co. Ltd., ADR<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;34635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1952722 |
| NIO, Inc., ADR<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;151750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1831623 |
| Xinyi Energy Holdings Ltd.<br>| 5693420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2091847 |
| Xinyi Solar Holdings Ltd.<br>| 1374868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1782046 |
| Xpeng, Inc., ADR<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;193641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2060340 |
| Yadea Group Holdings Ltd.<sup>(c)</sup><br>| 1047840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2387485 |
| Zhejiang Leapmotor Technology Co. Ltd.<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;663273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2352347 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;24202005 |
| **Denmark-3.23%** | **Denmark-3.23%** | **Denmark-3.23%** |
| NKT A/S<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;32724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2030380 |
| Novozymes A/S, Class B<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;30362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1573108 |
| Orsted A/S<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;18989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1677180 |
| Vestas Wind Systems A/S<br>| &nbsp;&nbsp;&nbsp;&nbsp;69290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2010784 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7291452 |
| **France-3.37%** | **France-3.37%** | **France-3.37%** |
| McPhy Energy S.A.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;133880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2029063 |
| Neoen S.A.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;43832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1634237 |
| Nexans S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;18414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1941858 |
| SPIE S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;73511 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1999110 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7604268 |
| **Germany-6.38%** | **Germany-6.38%** | **Germany-6.38%** |
| CropEnergies AG<br>| &nbsp;&nbsp;&nbsp;110703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1435535 |
| Encavis AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;84839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1631329 |
| Energiekontor AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;18762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1599553 |
| Nordex SE<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;147024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2217892 |
| PNE AG<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;83205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1491020 |
| SFC Energy AG, BR<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;77466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2187432 |
| SMA Solar Technology AG<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;29954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2524449 |
| VERBIO Vereinigte BioEnergie AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;20522 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1290471 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;14377681 |
| **Hong Kong-1.70%** | **Hong Kong-1.70%** | **Hong Kong-1.70%** |
| Cadeler A.S.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;521597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2166130 |
| Polestar Automotive Holding UK PLC, ADR<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;298062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1669147 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3835277 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **India-0.74%** | **India-0.74%** | **India-0.74%** |
| ReNew Energy Global PLC, Class A<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;276805 | &nbsp;&nbsp;$1660830 |
| **Ireland-0.79%** | **Ireland-0.79%** | **Ireland-0.79%** |
| Kingspan Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;27858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1779005 |
| **Israel-1.39%** | **Israel-1.39%** | **Israel-1.39%** |
| Energix-Renewable Energies Ltd.<br>| &nbsp;&nbsp;&nbsp;460606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1512937 |
| Enlight Renewable Energy Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;78662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1623351 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3136288 |
| **Italy-1.74%** | **Italy-1.74%** | **Italy-1.74%** |
| Prysmian S.p.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;51196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2079494 |
| Terna Rete Elettrica Nazionale S.p.A.<br>| &nbsp;&nbsp;&nbsp;233430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1838503 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3917997 |
| **Japan-3.00%** | **Japan-3.00%** | **Japan-3.00%** |
| Abalance Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;85528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1779682 |
| GS Yuasa Corp.<br>| &nbsp;&nbsp;&nbsp;112443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1954102 |
| RENOVA, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;85499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1477963 |
| West Holdings Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;52105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1550589 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6762336 |
| **Netherlands-1.46%** | **Netherlands-1.46%** | **Netherlands-1.46%** |
| Alfen N.V.<sup>(a)(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;18108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1671234 |
| Fugro N.V.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;121917 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1616702 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3287936 |
| **New Zealand-0.90%** | **New Zealand-0.90%** | **New Zealand-0.90%** |
| Mercury NZ Ltd.<br>| &nbsp;&nbsp;&nbsp;525803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2037102 |
| **Norway-2.12%** | **Norway-2.12%** | **Norway-2.12%** |
| Aker Horizons ASA<sup>(a)</sup><br>| 1172760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1686652 |
| FREYR Battery S.A.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;116364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1025167 |
| NEL ASA<sup>(a)(b)</sup><br>| 1217426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2067183 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4779002 |
| **South Africa-0.68%** | **South Africa-0.68%** | **South Africa-0.68%** |
| Scatec ASA<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;189693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1536422 |
| **South Korea-12.65%** | **South Korea-12.65%** | **South Korea-12.65%** |
| Bumhan Fuel Cell Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;75580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1779364 |
| CS Wind Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;31742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1649203 |
| DaeMyoung Energy Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;88686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1616334 |
| Dongkuk Structures & Construction Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;409502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1615668 |
| Doosan Fuel Cell Co. Ltd.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;63486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1711102 |
| Ecopro BM Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;19738 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1599166 |
| Hyundai Energy Solutions Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;37421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1585790 |
| Iljin Hysolus Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;64737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1742192 |
| Iljin Materials Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;34660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1767047 |
| L&F Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9976 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1668336 |
| LG Energy Solution Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1633042 |
| Samsung SDI Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1782290 |
| Sebitchem Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;20585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500676 |
| SK IE Technology Co. Ltd.<sup>(a)(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;35460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1928738 |
| Sungeel Hitech Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;18023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1531911 |
| VINATech Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;55045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1867884 |
| W-Scope Chungju Plant Co. Ltd.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;42618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1548267 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;28527010 |
| **Spain-4.91%** | **Spain-4.91%** | **Spain-4.91%** |
| Acciona S.A.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1746128 |
| Corp ACCIONA Energias Renovables S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;43314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1764986 |
| EDP Renovaveis S.A.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;76342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1653665 |
| Grenergy Renovables S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;50324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1811247 |
| Solaria Energia y Medio Ambiente S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;95191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1942035 |
| Soltec Power Holdings S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;354266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2148833 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;11066894 |

---

See accompanying notes which are an integral part of this schedule.

------

### Invesco Global Clean Energy ETF (PBD)—(continued)<br>
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Sweden-2.56%** | **Sweden-2.56%** | **Sweden-2.56%** |
| Nibe Industrier AB, Class B<br>| &nbsp;&nbsp;&nbsp;189732 | &nbsp;&nbsp;$2035988 |
| OX2 AB<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;229254 | &nbsp;&nbsp;&nbsp;&nbsp;1761589 |
| PowerCell Sweden AB<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;148358 | &nbsp;&nbsp;&nbsp;&nbsp;1973894 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;5771471 |
| **Switzerland-0.80%** | **Switzerland-0.80%** | **Switzerland-0.80%** |
| Landis+Gyr Group AG<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;24785 | &nbsp;&nbsp;&nbsp;&nbsp;1815543 |
| **Taiwan-3.26%** | **Taiwan-3.26%** | **Taiwan-3.26%** |
| Motech Industries, Inc.<br>| 2101684 | &nbsp;&nbsp;&nbsp;&nbsp;2029936 |
| Sino-American Silicon Products, Inc.<br>| &nbsp;&nbsp;&nbsp;334000 | &nbsp;&nbsp;&nbsp;&nbsp;1807660 |
| Teco Electric and Machinery Co. Ltd.<br>| 1870000 | &nbsp;&nbsp;&nbsp;&nbsp;1787477 |
| United Renewable Energy Co. Ltd.<sup>(a)</sup><br>| 2471141 | &nbsp;&nbsp;&nbsp;&nbsp;1736589 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;7361662 |
| **United Kingdom-1.75%** | **United Kingdom-1.75%** | **United Kingdom-1.75%** |
| Ceres Power Holdings PLC<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;365754 | &nbsp;&nbsp;&nbsp;&nbsp;2135679 |
| ITM Power PLC<sup>(a)(b)</sup><br>| 1455041 | &nbsp;&nbsp;&nbsp;&nbsp;1814589 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;3950268 |
| **United States-28.73%** | **United States-28.73%** | **United States-28.73%** |
| Altus Power, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;229820 | &nbsp;&nbsp;&nbsp;&nbsp;1843156 |
| Ameresco, Inc., Class A<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;27458 | &nbsp;&nbsp;&nbsp;&nbsp;1770217 |
| Archer Aviation, Inc., Class A<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;649309 | &nbsp;&nbsp;&nbsp;&nbsp;1882996 |
| Array Technologies, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;83054 | &nbsp;&nbsp;&nbsp;&nbsp;1846290 |
| Bloom Energy Corp., Class A<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;79429 | &nbsp;&nbsp;&nbsp;&nbsp;1980165 |
| Brookfield Renewable Corp., Class A<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;54126 | &nbsp;&nbsp;&nbsp;&nbsp;1706052 |
| Canoo, Inc.<sup>(a)(b)</sup><br>| 1188192 | &nbsp;&nbsp;&nbsp;&nbsp;1425830 |
| ChargePoint Holdings, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;127679 | &nbsp;&nbsp;&nbsp;&nbsp;1550023 |
| Enphase Energy, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5808 | &nbsp;&nbsp;&nbsp;&nbsp;1285775 |
| EVgo, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;239925 | &nbsp;&nbsp;&nbsp;&nbsp;1653083 |
| First Solar, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;10941 | &nbsp;&nbsp;&nbsp;&nbsp;1943122 |
| Fisker, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;203335 | &nbsp;&nbsp;&nbsp;&nbsp;1514846 |
| FuelCell Energy, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;451329 | &nbsp;&nbsp;&nbsp;&nbsp;1651864 |
| Gevo, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;707142 | &nbsp;&nbsp;&nbsp;&nbsp;1499141 |
| Hannon Armstrong Sustainable Infrastructure Capital, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;55484 | &nbsp;&nbsp;&nbsp;&nbsp;2047914 |
| Hubbell, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6998 | &nbsp;&nbsp;&nbsp;&nbsp;1601912 |
| Itron, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;32109 | &nbsp;&nbsp;&nbsp;&nbsp;1845304 |
| Livent Corp.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;58182 | &nbsp;&nbsp;&nbsp;&nbsp;1508077 |
| Lordstown Motors Corp., Class A<sup>(a)(b)</sup><br>| 1021428 | &nbsp;&nbsp;&nbsp;&nbsp;1338071 |
| Lucid Group, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;141314 | &nbsp;&nbsp;&nbsp;&nbsp;1651961 |
| Maxeon Solar Technologies Ltd.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;79791 | &nbsp;&nbsp;&nbsp;&nbsp;1752210 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **United States-(continued)** | **United States-(continued)** | **United States-(continued)** |
| Montauk Renewables, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;143050 | &nbsp;&nbsp;&nbsp;&nbsp;$1589286 |
| Navitas Semiconductor Corp.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;319898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1586694 |
| Ormat Technologies, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1632860 |
| Plug Power, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1692911 |
| Proterra, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;256482 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1308058 |
| QuantumScape Corp.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;215369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1832790 |
| REC Silicon ASA<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;877208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1242710 |
| Rivian Automotive, Inc., Class A<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;963986 |
| Shoals Technologies Group, Inc., Class A<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1777848 |
| Signify N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1961500 |
| SolarEdge Technologies, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1935524 |
| Solid Power, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;324053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1085578 |
| Stem, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;123351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1216241 |
| Sunnova Energy International, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1461526 |
| SunPower Corp.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1340559 |
| Sunrun, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1464663 |
| TPI Composites, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;147395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1923505 |
| Universal Display Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2040697 |
| Wolfspeed, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18619 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1433849 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64788794 |
| TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.84%<br>(Cost $255,006,173) | TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.84%<br>(Cost $255,006,173) | &nbsp;&nbsp;225168337 |
| **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** |
| **Money Market Funds-30.52%** | **Money Market Funds-30.52%** | **Money Market Funds-30.52%** |
| Invesco Private Government Fund, 4.36%<sup>(d)(e)(f)</sup><br>| 19161848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19161848 |
| Invesco Private Prime Fund, 4.59%<sup>(d)(e)(f)</sup><br>| 49646436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49661329 |
| &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $68,816,333) | &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $68,816,333) | &nbsp;&nbsp;&nbsp;&nbsp;68823177 |
| TOTAL INVESTMENTS IN SECURITIES-130.36%<br>(Cost $323,822,506) | TOTAL INVESTMENTS IN SECURITIES-130.36%<br>(Cost $323,822,506) | &nbsp;&nbsp;293991514 |
| OTHER ASSETS LESS LIABILITIES-(30.36)% | OTHER ASSETS LESS LIABILITIES-(30.36)% | &nbsp;&nbsp;&nbsp;(68467096) |
| NET ASSETS-100.00% | NET ASSETS-100.00% | $225524418 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

Investment Abbreviations: <br> ADR-American Depositary Receipt <br> BR-Bearer Shares

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Non-income producing security. |
| <sup>(b)</sup> | All or a portion of this security was out on loan at January 31, 2023. |
| <sup>(c)</sup> | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2023 was $16,955,704, which represented 7.52% of the Fund's Net Assets. |
| <sup>(d)</sup> | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2023. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> October 31, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$4238507 | &nbsp;&nbsp;&nbsp;$(4238507) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$1266 |
| &nbsp;&nbsp;**Investments Purchased with Cash Collateral from Securities on Loan:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Private Government Fund | &nbsp;&nbsp;&nbsp;&nbsp;19922611 | &nbsp;&nbsp;&nbsp;&nbsp;20869104 | &nbsp;&nbsp;&nbsp;&nbsp;(21629867) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;19161848 | &nbsp;&nbsp;&nbsp;&nbsp;195,297\* |
| &nbsp;&nbsp;Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp;&nbsp;51352081 | &nbsp;&nbsp;&nbsp;&nbsp;45335411 | &nbsp;&nbsp;&nbsp;&nbsp;(47041470) | &nbsp;&nbsp;&nbsp;&nbsp;7759 | &nbsp;&nbsp;&nbsp;&nbsp;7548 | &nbsp;&nbsp;&nbsp;&nbsp;49661329 | &nbsp;&nbsp;&nbsp;&nbsp;535,171\* |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;&nbsp;$71274692 | &nbsp;&nbsp;&nbsp;$70443022 | &nbsp;&nbsp;&nbsp;$(72909844) | &nbsp;&nbsp;&nbsp;$7759 | &nbsp;&nbsp;&nbsp;$7548 | &nbsp;&nbsp;&nbsp;$68823177 | &nbsp;&nbsp;&nbsp;$731734 |

---

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2023. <br> <sup>(f)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

Schedule of Investments<br>

### Invesco Global Water ETF (PIO)
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks & Other Equity Interests-99.79%** | **Common Stocks & Other Equity Interests-99.79%** | **Common Stocks & Other Equity Interests-99.79%** |
| **Brazil-5.72%** | **Brazil-5.72%** | **Brazil-5.72%** |
| Cia de Saneamento Basico do Estado de Sao Paulo<br>| 1497541 | &nbsp;&nbsp;$16371197 |
| **Canada-1.65%** | **Canada-1.65%** | **Canada-1.65%** |
| Stantec, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;90867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4723300 |
| **China-2.02%** | **China-2.02%** | **China-2.02%** |
| Beijing Enterprises Water Group Ltd.<br>| 4174859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1065212 |
| China Water Affairs Group Ltd.<br>| 1037435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;901306 |
| Guangdong Investment Ltd.<br>| 3510821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3811558 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5778076 |
| **France-4.37%** | **France-4.37%** | **France-4.37%** |
| Veolia Environnement S.A.<br>| &nbsp;&nbsp;&nbsp;423996 | &nbsp;&nbsp;&nbsp;&nbsp;12515875 |
| **India-0.01%** | **India-0.01%** | **India-0.01%** |
| VA Tech Wabag Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29251 |
| **Italy-0.99%** | **Italy-0.99%** | **Italy-0.99%** |
| ACEA S.p.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;47610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;726999 |
| Hera S.p.A.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;741205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2117918 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2844917 |
| **Japan-7.77%** | **Japan-7.77%** | **Japan-7.77%** |
| Ebara Corp.<br>| &nbsp;&nbsp;&nbsp;127102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5346211 |
| Ebara Jitsugyo Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90630 |
| Kurita Water Industries Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;97512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4379023 |
| METAWATER Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;36746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;482901 |
| Miura Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;89313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2218317 |
| Nomura Micro Science Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;22458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;811662 |
| Organo Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;67565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1706725 |
| Torishima Pump Manufacturing Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;17833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207751 |
| TOTO Ltd.<br>| &nbsp;&nbsp;&nbsp;181461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7004762 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;22247982 |
| **Netherlands-1.46%** | **Netherlands-1.46%** | **Netherlands-1.46%** |
| Aalberts N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;61084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2869218 |
| Arcadis N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;30266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1305613 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4174831 |
| **South Korea-0.81%** | **South Korea-0.81%** | **South Korea-0.81%** |
| Coway Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;50983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2309507 |
| **Spain-1.93%** | **Spain-1.93%** | **Spain-1.93%** |
| Acciona S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;28419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5524740 |
| **Switzerland-5.54%** | **Switzerland-5.54%** | **Switzerland-5.54%** |
| Belimo Holding AG<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5685 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2976310 |
| Geberit AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;22883 | &nbsp;&nbsp;&nbsp;&nbsp;12891691 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;15868001 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **United Kingdom-13.46%** | **United Kingdom-13.46%** | **United Kingdom-13.46%** |
| Genuit Group PLC<br>| &nbsp;&nbsp;&nbsp;219445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$883420 |
| Halma PLC<br>| &nbsp;&nbsp;&nbsp;355610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9403769 |
| Pennon Group PLC<br>| &nbsp;&nbsp;&nbsp;363731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4108470 |
| Severn Trent PLC<br>| &nbsp;&nbsp;&nbsp;246980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8562255 |
| Spirax-Sarco Engineering PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;49442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7018092 |
| United Utilities Group PLC<br>| &nbsp;&nbsp;&nbsp;657651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8565936 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38541942 |
| **United States-54.06%** | **United States-54.06%** | **United States-54.06%** |
| A.O. Smith Corp.<br>| &nbsp;&nbsp;&nbsp;100939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6833570 |
| American Water Works Co., Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;70709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11065251 |
| Danaher Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;78496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20752773 |
| Ecolab, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;71621 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11089080 |
| Essential Utilities, Inc.<br>| &nbsp;&nbsp;&nbsp;105280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4919734 |
| Ferguson PLC<br>| &nbsp;&nbsp;&nbsp;192496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26921159 |
| IDEX Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;37562 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9002860 |
| Pentair PLC<br>| &nbsp;&nbsp;&nbsp;392798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21753153 |
| Roper Technologies, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;48901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20868502 |
| Tetra Tech, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;22098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3436681 |
| Waters Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;29578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9718739 |
| Xylem, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;81218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8447484 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;154808986 |
| TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.79%<br>(Cost $242,719,919) | TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.79%<br>(Cost $242,719,919) | &nbsp;&nbsp;285738605 |
| **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** |
| **Money Market Funds-0.67%** | **Money Market Funds-0.67%** | **Money Market Funds-0.67%** |
| Invesco Private Government Fund, 4.36%<sup>(c)(d)(e)</sup><br>| &nbsp;&nbsp;&nbsp;538473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538473 |
| Invesco Private Prime Fund, 4.59%<sup>(c)(d)(e)</sup><br>| 1384355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1384771 |
| &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $1,923,174) | &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $1,923,174) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1923244 |
| TOTAL INVESTMENTS IN SECURITIES-100.46%<br>(Cost $244,643,093) | TOTAL INVESTMENTS IN SECURITIES-100.46%<br>(Cost $244,643,093) | &nbsp;&nbsp;287661849 |
| OTHER ASSETS LESS LIABILITIES-(0.46)% | OTHER ASSETS LESS LIABILITIES-(0.46)% | &nbsp;&nbsp;&nbsp;&nbsp;(1330539) |
| NET ASSETS-100.00% | NET ASSETS-100.00% | $286331310 |

---

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Non-income producing security. |
| <sup>(b)</sup> | All or a portion of this security was out on loan at January 31, 2023. |
| <sup>(c)</sup> | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2023. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> October 31, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$590498 | &nbsp;&nbsp;&nbsp;&nbsp;$(590498) | &nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$629 |

---

See accompanying notes which are an integral part of this schedule.

------

### Invesco Global Water ETF (PIO)—(continued)<br>
January 31, 2023

(Unaudited)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> October 31, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments Purchased with Cash Collateral from Securities on Loan:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Private Government Fund | &nbsp;&nbsp;&nbsp;$875923 | &nbsp;&nbsp;&nbsp;$3461440 | &nbsp;&nbsp;&nbsp;$(3798890) | &nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$538473 | &nbsp;&nbsp;&nbsp;$13,201\* |
| &nbsp;&nbsp;Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp;&nbsp;2251823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7028098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7896553) | &nbsp;&nbsp;&nbsp;&nbsp;65 | &nbsp;&nbsp;&nbsp;&nbsp;1338 | &nbsp;&nbsp;&nbsp;&nbsp;1384771 | &nbsp;&nbsp;&nbsp;&nbsp;36,016\* |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;&nbsp;$3127746 | &nbsp;&nbsp;&nbsp;$11080036 | &nbsp;&nbsp;&nbsp;$(12285941) | &nbsp;&nbsp;&nbsp;$65 | &nbsp;&nbsp;&nbsp;$1338 | &nbsp;&nbsp;&nbsp;$1923244 | &nbsp;&nbsp;&nbsp;$49846 |

---

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

<sup>(d)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2023. <br> <sup>(e)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

Schedule of Investments<br>

### Invesco International BuyBack Achievers<sup>TM</sup> ETF (IPKW)
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks & Other Equity Interests-100.98%** | **Common Stocks & Other Equity Interests-100.98%** | **Common Stocks & Other Equity Interests-100.98%** |
| **Australia-1.72%** | **Australia-1.72%** | **Australia-1.72%** |
| Boral Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;160405 | &nbsp;&nbsp;&nbsp;&nbsp;$390929 |
| Eclipx Group Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;116042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167071 |
| Orora Ltd.<br>| &nbsp;&nbsp;&nbsp;486585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1026708 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1584708 |
| **Brazil-5.10%** | **Brazil-5.10%** | **Brazil-5.10%** |
| Vale S.A.<br>| &nbsp;&nbsp;&nbsp;253840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4711903 |
| **Canada-23.71%** | **Canada-23.71%** | **Canada-23.71%** |
| Artis REIT<br>| &nbsp;&nbsp;&nbsp;&nbsp;38585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274709 |
| Canaccord Genuity Group, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;60096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;518383 |
| CGI, Inc., Class A<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;49610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4239910 |
| CI Financial Corp.<br>| &nbsp;&nbsp;&nbsp;105638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1256398 |
| Dollarama, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;36557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2179968 |
| Dream Office REIT<br>| &nbsp;&nbsp;&nbsp;&nbsp;16683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204795 |
| Element Fleet Management Corp.<br>| &nbsp;&nbsp;&nbsp;156909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2210731 |
| Fairfax Financial Holdings Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2382478 |
| Imperial Oil Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;43896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2392264 |
| Interfor Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;31164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;621482 |
| Real Matters, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;38759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153950 |
| Stelco Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;20375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790508 |
| Suncor Energy, Inc.<br>| &nbsp;&nbsp;&nbsp;134807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4665483 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;21891059 |
| **Colombia-1.22%** | **Colombia-1.22%** | **Colombia-1.22%** |
| Parex Resources, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;66105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1122103 |
| **Denmark-2.18%** | **Denmark-2.18%** | **Denmark-2.18%** |
| Jyske Bank A/S<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;28038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2012943 |
| **Finland-0.72%** | **Finland-0.72%** | **Finland-0.72%** |
| Citycon OYJ<br>| &nbsp;&nbsp;&nbsp;&nbsp;88562 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;666750 |
| **France-2.63%** | **France-2.63%** | **France-2.63%** |
| Carrefour S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;128002 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2428621 |
| **Germany-2.32%** | **Germany-2.32%** | **Germany-2.32%** |
| Scout24 SE<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;36931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2141015 |
| **Hong Kong-2.45%** | **Hong Kong-2.45%** | **Hong Kong-2.45%** |
| WH Group Ltd.<br>| 3673122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2258638 |
| **Ireland-0.34%** | **Ireland-0.34%** | **Ireland-0.34%** |
| Glenveagh Properties PLC<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;309298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316094 |
| **Japan-29.15%** | **Japan-29.15%** | **Japan-29.15%** |
| Dai-ichi Life Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;188285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4423696 |
| Fukuyama Transporting Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;13726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355064 |
| Gree, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;22530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122634 |
| GungHo Online Entertainment, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;24679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411341 |
| Hazama Ando Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;54452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361591 |
| Hogy Medical Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254606 |
| Inabata & Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;14305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277736 |
| Inpex Corp.<br>| &nbsp;&nbsp;&nbsp;201953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2227717 |
| JAFCO Group Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;19588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349592 |
| Japan Post Holdings Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;508204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4459088 |
| Japan Post Insurance Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;68622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1227756 |
| K's Holdings Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;70589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;623902 |
| Marui Group Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;68875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1174038 |
| Mebuki Financial Group, Inc.<br>| &nbsp;&nbsp;&nbsp;359686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;934860 |
| Megachips Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121773 |
| Mitsubishi Shokuhin Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173710 |
| Morinaga Milk Industry Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;15023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;555081 |
| Nishimatsu Construction Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;17052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;533113 |
| Nitto Kogyo Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;10296 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192864 |
| Ricoh Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;165038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1285949 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Japan-(continued)** | **Japan-(continued)** | **Japan-(continued)** |
| Sega Sammy Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;62950 | &nbsp;&nbsp;&nbsp;&nbsp;$998409 |
| SoftBank Group Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;99926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4767222 |
| Starts Corp., Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;12677 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252215 |
| Sumitomo Osaka Cement Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;10045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264416 |
| Suruga Bank Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;76699 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250476 |
| Tokushu Tokai Paper Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99601 |
| Yamazen Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;26448 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216777 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;26915227 |
| **Luxembourg-2.72%** | **Luxembourg-2.72%** | **Luxembourg-2.72%** |
| ArcelorMittal S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;81463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2516256 |
| **Netherlands-2.57%** | **Netherlands-2.57%** | **Netherlands-2.57%** |
| Akzo Nobel N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;32001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2377860 |
| **Poland-0.41%** | **Poland-0.41%** | **Poland-0.41%** |
| Cyfrowy Polsat S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;89213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377176 |
| **South Korea-1.91%** | **South Korea-1.91%** | **South Korea-1.91%** |
| Meritz Fire & Marine Insurance Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;22258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;982320 |
| Meritz Securities Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;149060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;784398 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1766718 |
| **Switzerland-0.92%** | **Switzerland-0.92%** | **Switzerland-0.92%** |
| Forbo Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;847778 |
| **Turkey-0.94%** | **Turkey-0.94%** | **Turkey-0.94%** |
| Arcelik A.S.<br>| &nbsp;&nbsp;&nbsp;151486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;865899 |
| **United Kingdom-12.28%** | **United Kingdom-12.28%** | **United Kingdom-12.28%** |
| Balanced Commercial Property Trust Ltd.<br>| &nbsp;&nbsp;&nbsp;399562 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390570 |
| Firstgroup PLC<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;357909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;477634 |
| NatWest Group PLC<br>| 1339516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5089211 |
| Pennon Group PLC<br>| &nbsp;&nbsp;&nbsp;158299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1793241 |
| Quilter PLC<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;723130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;862387 |
| Victoria PLC<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;36930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206409 |
| WPP PLC<br>| &nbsp;&nbsp;&nbsp;216557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2522608 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;11342060 |
| **United States-7.69%** | **United States-7.69%** | **United States-7.69%** |
| JBS S.A.<br>| &nbsp;&nbsp;&nbsp;510700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2014133 |
| RHI Magnesita N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;25639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;851937 |
| Roche Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;13609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4238221 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7104291 |
| TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-100.98%<br>(Cost $90,441,342) | TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-100.98%<br>(Cost $90,441,342) | &nbsp;&nbsp;93247099 |
| **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** |
| **Money Market Funds-2.84%** | **Money Market Funds-2.84%** | **Money Market Funds-2.84%** |
| Invesco Private Government Fund, 4.36%<sup>(d)(e)(f)</sup><br>| &nbsp;&nbsp;&nbsp;734048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;734048 |
| Invesco Private Prime Fund, 4.59%<sup>(d)(e)(f)</sup><br>| 1887308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1887874 |
| &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $2,622,080) | &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $2,622,080) | &nbsp;&nbsp;&nbsp;&nbsp;2621922 |
| TOTAL INVESTMENTS IN SECURITIES-103.82%<br>(Cost $93,063,422) | TOTAL INVESTMENTS IN SECURITIES-103.82%<br>(Cost $93,063,422) | &nbsp;&nbsp;95869021 |
| OTHER ASSETS LESS LIABILITIES-(3.82)% | OTHER ASSETS LESS LIABILITIES-(3.82)% | &nbsp;&nbsp;&nbsp;(3526847) |
| NET ASSETS-100.00% | NET ASSETS-100.00% | $92342174 |

---

See accompanying notes which are an integral part of this schedule.

------

### Invesco International BuyBack Achievers<sup>TM</sup> ETF (IPKW)—(continued)<br>
January 31, 2023

(Unaudited)

Investment Abbreviations: <br> REIT-Real Estate Investment Trust

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | All or a portion of this security was out on loan at January 31, 2023. |
| <sup>(b)</sup> | Non-income producing security. |
| <sup>(c)</sup> | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2023 was $3,319,496, which represented 3.59% of the Fund's Net Assets. |
| <sup>(d)</sup> | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2023. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> October 31, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$498058 | &nbsp;&nbsp;&nbsp;&nbsp;$(498058) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$137 |
| &nbsp;&nbsp;**Investments Purchased with Cash Collateral from Securities on Loan:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Private Government Fund | &nbsp;&nbsp;&nbsp;&nbsp;1081717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7526668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7874337) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;734048 | &nbsp;&nbsp;&nbsp;&nbsp;16,818\* |
| &nbsp;&nbsp;Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp;&nbsp;2768002 | &nbsp;&nbsp;&nbsp;&nbsp;11918511 | &nbsp;&nbsp;&nbsp;&nbsp;(12800142) | &nbsp;&nbsp;&nbsp;&nbsp;(196) | &nbsp;&nbsp;&nbsp;&nbsp;1699 | &nbsp;&nbsp;&nbsp;&nbsp;1887874 | &nbsp;&nbsp;&nbsp;&nbsp;44,770\* |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;&nbsp;$3849719 | &nbsp;&nbsp;&nbsp;$19943237 | &nbsp;&nbsp;&nbsp;$(21172537) | &nbsp;&nbsp;&nbsp;$(196) | &nbsp;&nbsp;&nbsp;$1699 | &nbsp;&nbsp;&nbsp;$2621922 | &nbsp;&nbsp;&nbsp;$61725 |

---

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2023. <br> <sup>(f)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

Schedule of Investments<br>

### Invesco MSCI Global Timber ETF (CUT)
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks & Other Equity Interests-99.36%** | **Common Stocks & Other Equity Interests-99.36%** | **Common Stocks & Other Equity Interests-99.36%** |
| **Austria-4.02%** | **Austria-4.02%** | **Austria-4.02%** |
| Mondi PLC<br>| 138896 | &nbsp;&nbsp;$2604254 |
| **Brazil-4.51%** | **Brazil-4.51%** | **Brazil-4.51%** |
| Dexco S.A.<br>| 107795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159635 |
| Klabin S.A.<br>| 214534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;814913 |
| Suzano S.A.<br>| 213953 | &nbsp;&nbsp;&nbsp;&nbsp;1948141 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2922689 |
| **Canada-4.38%** | **Canada-4.38%** | **Canada-4.38%** |
| Canfor Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;17688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334181 |
| Cascades, Inc.<br>| &nbsp;&nbsp;19542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134884 |
| Interfor Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;15817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315427 |
| Stella-Jones, Inc.<br>| &nbsp;&nbsp;16145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;585859 |
| West Fraser Timber Co. Ltd.<br>| &nbsp;&nbsp;16881 | &nbsp;&nbsp;&nbsp;&nbsp;1463606 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2833957 |
| **Chile-0.86%** | **Chile-0.86%** | **Chile-0.86%** |
| Empresas CMPC S.A.<br>| 323942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;555109 |
| **China-0.70%** | **China-0.70%** | **China-0.70%** |
| Chengxin Lithium Group Co. Ltd., A Shares<br>| &nbsp;&nbsp;14700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92982 |
| Lee & Man Paper Manufacturing Ltd.<br>| 363042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158860 |
| Shandong Chenming Paper Holdings Ltd., B Shares<sup>(a)</sup><br>| 159600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50699 |
| Shandong Sun Paper Industry JSC Ltd., A Shares<br>| &nbsp;&nbsp;47200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78027 |
| ShenZhen YUTO Packaging Technology Co. Ltd., A Shares<br>| &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69795 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450363 |
| **Finland-10.62%** | **Finland-10.62%** | **Finland-10.62%** |
| Huhtamaki OYJ<sup>(b)</sup><br>| &nbsp;&nbsp;27581 | &nbsp;&nbsp;&nbsp;&nbsp;1028033 |
| Metsa Board OYJ<br>| &nbsp;&nbsp;51787 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460914 |
| Stora Enso OYJ, Class R<br>| 157675 | &nbsp;&nbsp;&nbsp;&nbsp;2242427 |
| UPM-Kymmene OYJ<br>| &nbsp;&nbsp;87163 | &nbsp;&nbsp;&nbsp;&nbsp;3147559 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;6878933 |
| **Germany-0.25%** | **Germany-0.25%** | **Germany-0.25%** |
| Mercer International, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;12942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164752 |
| **Hong Kong-0.64%** | **Hong Kong-0.64%** | **Hong Kong-0.64%** |
| Nine Dragons Paper Holdings Ltd.<br>| 465716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417083 |
| **Indonesia-0.99%** | **Indonesia-0.99%** | **Indonesia-0.99%** |
| PT Indah Kiat Pulp & Paper Corp. Tbk<br>| 790138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;438819 |
| PT Pabrik Kertas Tjiwi Kimia Tbk<br>| 410158 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200428 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;639247 |
| **Ireland-4.54%** | **Ireland-4.54%** | **Ireland-4.54%** |
| Smurfit Kappa Group PLC<br>| &nbsp;&nbsp;70351 | &nbsp;&nbsp;&nbsp;&nbsp;2936234 |
| **Israel-0.20%** | **Israel-0.20%** | **Israel-0.20%** |
| Infinya Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127861 |
| **Japan-3.20%** | **Japan-3.20%** | **Japan-3.20%** |
| Daiken Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59069 |
| Daio Paper Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;23613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181575 |
| Hokuetsu Corp.<br>| &nbsp;&nbsp;35615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228405 |
| Nippon Paper Industries Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;28155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209141 |
| Oji Holdings Corp.<br>| 232985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;960283 |
| Rengo Co. Ltd.<br>| &nbsp;&nbsp;52741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;371087 |
| Tokushu Tokai Paper Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61851 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2071411 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Norway-0.32%** | **Norway-0.32%** | **Norway-0.32%** |
| Elopak ASA<br>| &nbsp;&nbsp;&nbsp;&nbsp;34087 | &nbsp;&nbsp;&nbsp;&nbsp;$81564 |
| Norske Skog ASA<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;18648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127515 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209079 |
| **Portugal-0.59%** | **Portugal-0.59%** | **Portugal-0.59%** |
| Altri SGPS S.A.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;20631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103696 |
| Navigator Co. S.A. (The)<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;61482 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214607 |
| Semapa-Sociedade de Investimento e Gestao<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63380 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;381683 |
| **Russia-0.00%** | **Russia-0.00%** | **Russia-0.00%** |
| Segezha Group PJSC<sup>(c)(d)</sup><br>| 1310077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| **Saudi Arabia-0.13%** | **Saudi Arabia-0.13%** | **Saudi Arabia-0.13%** |
| Middle East Paper Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;10779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86737 |
| **South Africa-0.76%** | **South Africa-0.76%** | **South Africa-0.76%** |
| Sappi Ltd.<br>| &nbsp;&nbsp;&nbsp;166443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;491378 |
| **South Korea-0.10%** | **South Korea-0.10%** | **South Korea-0.10%** |
| Dongwha Enterprise Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64049 |
| **Spain-0.30%** | **Spain-0.30%** | **Spain-0.30%** |
| Ence Energia y Celulosa S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;41111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134839 |
| Miquel y Costas & Miquel S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59009 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193848 |
| **Sweden-6.55%** | **Sweden-6.55%** | **Sweden-6.55%** |
| Billerud AB<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;63721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;737035 |
| Holmen AB, Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;26972 | &nbsp;&nbsp;&nbsp;&nbsp;1107239 |
| Svenska Cellulosa AB S.C.A., Class B<br>| &nbsp;&nbsp;&nbsp;173337 | &nbsp;&nbsp;&nbsp;&nbsp;2395639 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4239913 |
| **Switzerland-3.30%** | **Switzerland-3.30%** | **Switzerland-3.30%** |
| SIG Group AG<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;86801 | &nbsp;&nbsp;&nbsp;&nbsp;2137076 |
| **Taiwan-1.15%** | **Taiwan-1.15%** | **Taiwan-1.15%** |
| Cheng Loong Corp.<br>| &nbsp;&nbsp;&nbsp;214000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207407 |
| Chung Hwa Pulp Corp.<br>| &nbsp;&nbsp;&nbsp;116000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65099 |
| Longchen Paper & Packaging Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;207000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129267 |
| Shihlin Paper Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71715 |
| YFY, Inc.<br>| &nbsp;&nbsp;&nbsp;312000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268097 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;741585 |
| **Thailand-0.96%** | **Thailand-0.96%** | **Thailand-0.96%** |
| Polyplex Thailand PCL, NVDR<br>| &nbsp;&nbsp;&nbsp;&nbsp;62613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47894 |
| SCG Packaging PCL, NVDR<br>| &nbsp;&nbsp;&nbsp;364237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;576534 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;624428 |
| **United Kingdom-2.62%** | **United Kingdom-2.62%** | **United Kingdom-2.62%** |
| DS Smith PLC<br>| &nbsp;&nbsp;&nbsp;390277 | &nbsp;&nbsp;&nbsp;&nbsp;1698463 |
| **United States-47.67%** | **United States-47.67%** | **United States-47.67%** |
| Amcor PLC<br>| &nbsp;&nbsp;&nbsp;261792 | &nbsp;&nbsp;&nbsp;&nbsp;3157212 |
| Avery Dennison Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;16428 | &nbsp;&nbsp;&nbsp;&nbsp;3112120 |
| Clearwater Paper Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191351 |
| Graphic Packaging Holding Co.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;88223 | &nbsp;&nbsp;&nbsp;&nbsp;2125292 |
| International Paper Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;86396 | &nbsp;&nbsp;&nbsp;&nbsp;3613081 |
| Louisiana-Pacific Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;21189 | &nbsp;&nbsp;&nbsp;&nbsp;1442759 |
| Packaging Corp. of America<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;23994 | &nbsp;&nbsp;&nbsp;&nbsp;3423944 |
| Pactiv Evergreen, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;12742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146660 |
| PotlatchDeltic Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;22733 | &nbsp;&nbsp;&nbsp;&nbsp;1112780 |
| Ranpak Holdings Corp.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;12242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93774 |
| Rayonier, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;41428 | &nbsp;&nbsp;&nbsp;&nbsp;1507565 |
| Resolute Forest Products, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;13584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293293 |
| Sealed Air Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;41432 | &nbsp;&nbsp;&nbsp;&nbsp;2268816 |
| Sonoco Products Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;27946 | &nbsp;&nbsp;&nbsp;&nbsp;1707780 |
| Sylvamo Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;11467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545026 |

---

See accompanying notes which are an integral part of this schedule.

------

### Invesco MSCI Global Timber ETF (CUT)—(continued)<br>
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **United States-(continued)** | **United States-(continued)** | **United States-(continued)** |
| WestRock Co.<br>| 72519 | &nbsp;&nbsp;$2845646 |
| Weyerhaeuser Co.<br>| 95162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3276428 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;30863527 |
| &nbsp;&nbsp;&nbsp;Total Common Stocks & Other Equity Interests<br>(Cost $56,956,589) | &nbsp;&nbsp;&nbsp;Total Common Stocks & Other Equity Interests<br>(Cost $56,956,589) | &nbsp;&nbsp;64333659 |
| **Exchange-Traded Funds-0.52%** | **Exchange-Traded Funds-0.52%** | **Exchange-Traded Funds-0.52%** |
| **India-0.52%** | **India-0.52%** | **India-0.52%** |
| Invesco India ETF<sup>(e)</sup><br>(Cost $406,100)<br>| 15865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337607 |
| **Money Market Funds-0.03%** | **Money Market Funds-0.03%** | **Money Market Funds-0.03%** |
| Invesco Government & Agency Portfolio, Institutional Class, 4.30%<sup>(e)(f)</sup><br>(Cost $18,463)<br>| 18463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18463 |
| TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.91%<br>(Cost $57,381,152) | TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.91%<br>(Cost $57,381,152) | &nbsp;&nbsp;64689729 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** |
| **Money Market Funds-9.51%** | **Money Market Funds-9.51%** | **Money Market Funds-9.51%** |
| Invesco Private Government Fund, 4.36%<sup>(e)(f)(g)</sup><br>| 1725083 | &nbsp;&nbsp;$1725083 |
| Invesco Private Prime Fund, 4.59%<sup>(e)(f)(g)</sup><br>| 4435649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4436979 |
| &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $6,162,285) | &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $6,162,285) | &nbsp;&nbsp;&nbsp;&nbsp;6162062 |
| TOTAL INVESTMENTS IN SECURITIES-109.42%<br>(Cost $63,543,437) | TOTAL INVESTMENTS IN SECURITIES-109.42%<br>(Cost $63,543,437) | &nbsp;&nbsp;70851791 |
| OTHER ASSETS LESS LIABILITIES-(9.42)% | OTHER ASSETS LESS LIABILITIES-(9.42)% | &nbsp;&nbsp;&nbsp;(6100592) |
| NET ASSETS-100.00% | NET ASSETS-100.00% | $64751199 |

---

Investment Abbreviations: <br> ETF-Exchange-Traded Fund <br> NVDR-Non-Voting Depositary Receipt

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Non-income producing security. |
| <sup>(b)</sup> | All or a portion of this security was out on loan at January 31, 2023. |
| <sup>(c)</sup> | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2023 was $127,515, which represented less than 1% of the Fund's Net Assets. |
| <sup>(d)</sup> | Security valued using significant unobservable inputs (Level 3). See Note 1. |
| <sup>(e)</sup> | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2023. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> October 31, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;Invesco India ETF | &nbsp;&nbsp;&nbsp;$384979 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$20502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(64399) | &nbsp;&nbsp;&nbsp;$(49976) | &nbsp;&nbsp;&nbsp;$46501 | &nbsp;&nbsp;&nbsp;$337607 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- |
| &nbsp;&nbsp;**Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1446884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1495957) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;611 |
| &nbsp;&nbsp;**Investments Purchased with Cash Collateral from Securities on Loan:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Private Government Fund | &nbsp;&nbsp;&nbsp;&nbsp;1110750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4101601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3487268) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;1725083 | &nbsp;&nbsp;&nbsp;&nbsp;11,081\* |
| &nbsp;&nbsp;Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp;&nbsp;2855522 | &nbsp;&nbsp;&nbsp;&nbsp;11184468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9603707) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(235) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;931 | &nbsp;&nbsp;&nbsp;&nbsp;4436979 | &nbsp;&nbsp;&nbsp;&nbsp;30,302\* |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;&nbsp;$4418787 | &nbsp;&nbsp;&nbsp;$16753455 | &nbsp;&nbsp;&nbsp;$(14651331) | &nbsp;&nbsp;&nbsp;$(50211) | &nbsp;&nbsp;&nbsp;$47432 | &nbsp;&nbsp;&nbsp;$6518132 | &nbsp;&nbsp;&nbsp;$41994 |

---

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

<sup>(f)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2023. <br> <sup>(g)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

Schedule of Investments<br>

### Invesco MSCI Green Building ETF (GBLD)
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks & Other Equity Interests-99.15%** | **Common Stocks & Other Equity Interests-99.15%** | **Common Stocks & Other Equity Interests-99.15%** |
| **Australia-2.76%** | **Australia-2.76%** | **Australia-2.76%** |
| Centuria Office REIT<br>| 10035 | &nbsp;&nbsp;$11361 |
| Cromwell Property Group<sup>(a)</sup><br>| 36510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18719 |
| Growthpoint Properties Australia Ltd.<br>| &nbsp;&nbsp;6859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15818 |
| Vicinity Ltd.<br>| 94019 | &nbsp;&nbsp;&nbsp;&nbsp;137094 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;182992 |
| **Austria-0.48%** | **Austria-0.48%** | **Austria-0.48%** |
| CA Immobilien Anlagen AG<br>| &nbsp;&nbsp;1018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31775 |
| **Canada-1.50%** | **Canada-1.50%** | **Canada-1.50%** |
| First Capital REIT<br>| &nbsp;&nbsp;2602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35002 |
| RioCan REIT<br>| &nbsp;&nbsp;3719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64327 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99329 |
| **China-0.30%** | **China-0.30%** | **China-0.30%** |
| Guangzhou R&F Properties Co. Ltd., H Shares<sup>(b)</sup><br>| 38476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10554 |
| SOHO China Ltd.<sup>(b)</sup><br>| 47538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9218 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19772 |
| **Finland-0.24%** | **Finland-0.24%** | **Finland-0.24%** |
| Citycon OYJ<sup>(a)</sup><br>| &nbsp;&nbsp;2099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15803 |
| **France-8.63%** | **France-8.63%** | **France-8.63%** |
| Carmila S.A.<br>| &nbsp;&nbsp;1445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21823 |
| Covivio<br>| &nbsp;&nbsp;1143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78388 |
| Gecina S.A.<br>| &nbsp;&nbsp;1116 | &nbsp;&nbsp;&nbsp;&nbsp;132129 |
| Klepierre S.A.<br>| &nbsp;&nbsp;5239 | &nbsp;&nbsp;&nbsp;&nbsp;132896 |
| Mercialys S.A.<br>| &nbsp;&nbsp;1983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22012 |
| Unibail-Rodamco-Westfield SE<sup>(a)(b)</sup><br>| &nbsp;&nbsp;2856 | &nbsp;&nbsp;&nbsp;&nbsp;184506 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;571754 |
| **Germany-0.10%** | **Germany-0.10%** | **Germany-0.10%** |
| Deutsche EuroShop AG<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6599 |
| **Hong Kong-11.37%** | **Hong Kong-11.37%** | **Hong Kong-11.37%** |
| Champion REIT<br>| 67220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29848 |
| Henderson Land Development Co. Ltd.<br>| 34214 | &nbsp;&nbsp;&nbsp;&nbsp;126362 |
| Sun Hung Kai Properties Ltd.<br>| 35101 | &nbsp;&nbsp;&nbsp;&nbsp;499329 |
| Swire Properties Ltd.<br>| 27717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78086 |
| Yuexiu REIT<br>| 60978 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19973 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;753598 |
| **Israel-0.06%** | **Israel-0.06%** | **Israel-0.06%** |
| Property & Building Corp. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3896 |
| **Japan-24.26%** | **Japan-24.26%** | **Japan-24.26%** |
| Activia Properties, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53946 |
| Advance Logistics Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17233 |
| AEON REIT Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45348 |
| CRE Logistics REIT, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17676 |
| Daiwa House REIT Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53 | &nbsp;&nbsp;&nbsp;&nbsp;115399 |
| Daiwa Office Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37649 |
| Frontier Real Estate Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46309 |
| Fukuoka REIT Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20589 |
| Global One Real Estate Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20691 |
| GLP J-Reit<br>| &nbsp;&nbsp;&nbsp;&nbsp;103 | &nbsp;&nbsp;&nbsp;&nbsp;116710 |
| Hulic Reit, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39455 |
| Isetan Mitsukoshi Holdings Ltd.<br>| &nbsp;&nbsp;7726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84124 |
| Japan Excellent, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28630 |
| Japan Metropolitan Fund Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;168 | &nbsp;&nbsp;&nbsp;&nbsp;130045 |
| Japan Real Estate Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30 | &nbsp;&nbsp;&nbsp;&nbsp;128805 |
| LaSalle Logiport REIT<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52168 |
| Mitsubishi Estate Logistics REIT Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37768 |
| Mori Hills REIT Investment Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44345 |
| Nippon Building Fund, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37 | &nbsp;&nbsp;&nbsp;&nbsp;162008 |
| Nippon Prologis REIT, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51 | &nbsp;&nbsp;&nbsp;&nbsp;115915 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Japan-(continued)** | **Japan-(continued)** | **Japan-(continued)** |
| Nomura Real Estate Master Fund, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103 | &nbsp;&nbsp;&nbsp;$120591 |
| One REIT, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13283 |
| ORIX JREIT, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86746 |
| Sekisui House REIT, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56339 |
| SOSiLA Logistics REIT, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15937 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1607709 |
| **Netherlands-0.57%** | **Netherlands-0.57%** | **Netherlands-0.57%** |
| Eurocommercial Properties N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26106 |
| Wereldhave N.V.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12051 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38157 |
| **Singapore-13.23%** | **Singapore-13.23%** | **Singapore-13.23%** |
| CapitaLand Ascendas REIT<br>| &nbsp;&nbsp;81729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180203 |
| CapitaLand India Trust<br>| &nbsp;&nbsp;27031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24975 |
| CapitaLand Integrated Commercial Trust<br>| 127937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209863 |
| City Developments Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59836 |
| Digital Core REIT Management Pte Ltd.<br>| &nbsp;&nbsp;18564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11785 |
| Frasers Centrepoint Trust<br>| &nbsp;&nbsp;26025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44165 |
| Frasers Logistics & Commercial Trust<sup>(c)</sup><br>| &nbsp;&nbsp;71389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68707 |
| Keppel REIT<br>| &nbsp;&nbsp;46328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34149 |
| Lendlease Global Commercial REIT<br>| &nbsp;&nbsp;45028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24946 |
| Manulife US REIT<sup>(c)</sup><br>| &nbsp;&nbsp;39305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13043 |
| Mapletree Pan Asia Commercial Trust<br>| &nbsp;&nbsp;56643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78908 |
| OUE Commercial REIT<br>| &nbsp;&nbsp;57765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15456 |
| Paragon REIT<br>| &nbsp;&nbsp;29556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21984 |
| Prime US REIT<sup>(c)</sup><br>| &nbsp;&nbsp;15883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8308 |
| Starhill Global REIT<br>| &nbsp;&nbsp;41987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18266 |
| Suntec REIT<br>| &nbsp;&nbsp;58083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62062 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;876656 |
| **Spain-2.17%** | **Spain-2.17%** | **Spain-2.17%** |
| Inmobiliaria Colonial SOCIMI S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51938 |
| Lar Espana Real Estate SOCIMI S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8161 |
| Merlin Properties SOCIMI S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78520 |
| Neinor Homes S.A.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5628 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144247 |
| **Sweden-1.34%** | **Sweden-1.34%** | **Sweden-1.34%** |
| Atrium Ljungberg AB, Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;1050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18770 |
| Fabege AB<br>| &nbsp;&nbsp;&nbsp;&nbsp;6190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58557 |
| Platzer Fastigheter Holding AB, Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;1331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11670 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88997 |
| **United Kingdom-4.57%** | **United Kingdom-4.57%** | **United Kingdom-4.57%** |
| Berkeley Group Holdings PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;2603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133388 |
| Crest Nicholson Holdings PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;5667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16995 |
| Land Securities Group PLC<br>| &nbsp;&nbsp;17393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152304 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;302687 |
| **United States-27.57%** | **United States-27.57%** | **United States-27.57%** |
| Alexandria Real Estate Equities, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;604704 |
| Boston Properties, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270729 |
| Brandywine Realty Trust<br>| &nbsp;&nbsp;&nbsp;&nbsp;4025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26404 |
| Cousins Properties, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101289 |
| Douglas Emmett, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71104 |
| Empire State Realty Trust, Inc., Class A<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28064 |
| Equity Commonwealth<br>| &nbsp;&nbsp;&nbsp;&nbsp;2886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73651 |
| Highwoods Properties, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78324 |
| Hudson Pacific Properties, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37371 |
| JBG SMITH Properties<br>| &nbsp;&nbsp;&nbsp;&nbsp;2527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50894 |
| KB Home<br>| &nbsp;&nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69210 |
| Kilroy Realty Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104898 |
| Meritage Homes Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;854 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91967 |
| Paramount Group, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27554 |

---

See accompanying notes which are an integral part of this schedule.

------

### Invesco MSCI Green Building ETF (GBLD)—(continued)<br>
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **United States-(continued)** | **United States-(continued)** | **United States-(continued)** |
| Piedmont Office Realty Trust, Inc., Class A<br>| 3024 | &nbsp;&nbsp;&nbsp;&nbsp;$32054 |
| SL Green Realty Corp.<br>| 1530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62960 |
| Vornado Realty Trust<br>| 3930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95853 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1827030 |
| &nbsp;&nbsp;&nbsp;Total Common Stocks & Other Equity Interests<br>(Cost $7,594,384) | &nbsp;&nbsp;&nbsp;Total Common Stocks & Other Equity Interests<br>(Cost $7,594,384) | &nbsp;&nbsp;6571001 |
| **Exchange-Traded Funds-0.58%** | **Exchange-Traded Funds-0.58%** | **Exchange-Traded Funds-0.58%** |
| **India-0.58%** | **India-0.58%** | **India-0.58%** |
| Invesco India ETF<br>(Cost $45,934)<br>| 1824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38815 |
| TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.73%<br>(Cost $7,640,318) | TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.73%<br>(Cost $7,640,318) | &nbsp;&nbsp;6609816 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** |
| **Money Market Funds-6.93%** | **Money Market Funds-6.93%** | **Money Market Funds-6.93%** |
| Invesco Private Government Fund, 4.36%<sup>(d)(e)(f)</sup><br>| 128508 | &nbsp;&nbsp;&nbsp;$128508 |
| Invesco Private Prime Fund, 4.59%<sup>(d)(e)(f)</sup><br>| 330384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330484 |
| &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $458,994) | &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $458,994) | &nbsp;&nbsp;&nbsp;&nbsp;458992 |
| TOTAL INVESTMENTS IN SECURITIES-106.66%<br>(Cost $8,099,312) | TOTAL INVESTMENTS IN SECURITIES-106.66%<br>(Cost $8,099,312) | &nbsp;&nbsp;7068808 |
| OTHER ASSETS LESS LIABILITIES-(6.66)% | OTHER ASSETS LESS LIABILITIES-(6.66)% | &nbsp;&nbsp;&nbsp;&nbsp;(441214) |
| NET ASSETS-100.00% | NET ASSETS-100.00% | $6627594 |

---

Investment Abbreviations: <br> ETF-Exchange-Traded Fund <br> REIT-Real Estate Investment Trust

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | All or a portion of this security was out on loan at January 31, 2023. |
| <sup>(b)</sup> | Non-income producing security. |
| <sup>(c)</sup> | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2023 was $95,686, which represented 1.44% of the Fund's Net Assets. |
| <sup>(d)</sup> | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2023. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> October 31, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;$32365 | &nbsp;&nbsp;&nbsp;$190920 | &nbsp;&nbsp;&nbsp;$(223285) | &nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$118 |
| &nbsp;&nbsp;**Investments Purchased with Cash Collateral from Securities on Loan:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Private Government Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;493718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(397570) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;128508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;990\* |
| &nbsp;&nbsp;Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83181 | &nbsp;&nbsp;&nbsp;&nbsp;1013185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(765972) | &nbsp;&nbsp;&nbsp;&nbsp;(5) | &nbsp;&nbsp;&nbsp;&nbsp;95 | &nbsp;&nbsp;&nbsp;&nbsp;330484 | &nbsp;&nbsp;&nbsp;&nbsp;2,667\* |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;&nbsp;$147906 | &nbsp;&nbsp;&nbsp;$1697823 | &nbsp;&nbsp;&nbsp;$(1386827) | &nbsp;&nbsp;&nbsp;$(5) | &nbsp;&nbsp;&nbsp;$95 | &nbsp;&nbsp;&nbsp;$458992 | &nbsp;&nbsp;&nbsp;$3775 |

---

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2023. <br> <sup>(f)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

Schedule of Investments<br>

### Invesco S&P Global Water Index ETF (CGW)
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks & Other Equity Interests-99.80%** | **Common Stocks & Other Equity Interests-99.80%** | **Common Stocks & Other Equity Interests-99.80%** |
| **Austria-1.01%** | **Austria-1.01%** | **Austria-1.01%** |
| Wienerberger AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;347025 | &nbsp;&nbsp;$10364383 |
| **Brazil-2.69%** | **Brazil-2.69%** | **Brazil-2.69%** |
| Cia de Saneamento Basico do Estado de Sao Paulo, ADR<sup>(a)</sup><br>| &nbsp;&nbsp;2517173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27714075 |
| **Canada-2.06%** | **Canada-2.06%** | **Canada-2.06%** |
| Stantec, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;407846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21199984 |
| **China-1.19%** | **China-1.19%** | **China-1.19%** |
| Beijing Enterprises Water Group Ltd.<br>| 34194466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8724691 |
| China Lesso Group Holdings Ltd.<br>| &nbsp;&nbsp;3083000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3504415 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12229106 |
| **France-3.99%** | **France-3.99%** | **France-3.99%** |
| Veolia Environnement S.A.<br>| &nbsp;&nbsp;1391921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41087911 |
| **Italy-1.30%** | **Italy-1.30%** | **Italy-1.30%** |
| Interpump Group S.p.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;257007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13336477 |
| **Japan-4.31%** | **Japan-4.31%** | **Japan-4.31%** |
| Ebara Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;245988 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10346836 |
| Kurita Water Industries Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;664059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29821251 |
| Organo Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;166991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4218274 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44386361 |
| **Netherlands-1.36%** | **Netherlands-1.36%** | **Netherlands-1.36%** |
| Aalberts N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;298799 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14035092 |
| **South Korea-0.76%** | **South Korea-0.76%** | **South Korea-0.76%** |
| Coway Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;171910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7787448 |
| **Switzerland-7.78%** | **Switzerland-7.78%** | **Switzerland-7.78%** |
| Belimo Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30562 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16000350 |
| Geberit AG<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42076725 |
| Georg Fischer AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;254743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17398774 |
| Sulzer AG<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4583869 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80059718 |
| **United Kingdom-14.74%** | **United Kingdom-14.74%** | **United Kingdom-14.74%** |
| Pennon Group PLC<br>| &nbsp;&nbsp;1921972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21709351 |
| Severn Trent PLC<sup>(a)</sup><br>| &nbsp;&nbsp;1866059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64692171 |
| United Utilities Group PLC<sup>(a)</sup><br>| &nbsp;&nbsp;5022584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65419404 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;151820926 |
| **United States-58.61%** | **United States-58.61%** | **United States-58.61%** |
| Advanced Drainage Systems, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;396304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39963295 |
| American States Water Co.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;272234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25636276 |
| American Water Works Co., Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;500036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78250634 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **United States-(continued)** | **United States-(continued)** | **United States-(continued)** |
| Badger Meter, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;181811 | &nbsp;&nbsp;&nbsp;&nbsp;$21071895 |
| California Water Service Group<br>| &nbsp;&nbsp;&nbsp;&nbsp;403802 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24700568 |
| Core & Main, Inc., Class A<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;336807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7433331 |
| Ecolab, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;261613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40505541 |
| Energy Recovery, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;347833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7697544 |
| Essential Utilities, Inc.<br>| &nbsp;&nbsp;1237663 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57835992 |
| Evoqua Water Technologies Corp.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;754646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36607878 |
| Franklin Electric Co., Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;241686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21824246 |
| Lindsay Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10682267 |
| Middlesex Water Co.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;129919 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10895007 |
| Montrose Environmental Group, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;100667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5452125 |
| Mueller Water Products, Inc., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;968063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12245997 |
| Pentair PLC<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;510910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28294196 |
| Reliance Worldwide Corp. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;2453934 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6069369 |
| Select Energy Services, Inc., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;613848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5389585 |
| SJW Group<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;196515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15212226 |
| Tetra Tech, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;195114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30344129 |
| TETRA Technologies, Inc.<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;422728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1674003 |
| Valmont Industries, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21847250 |
| Watts Water Technologies, Inc., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;127116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20786008 |
| Xylem, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;702717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73089595 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;603508957 |
| TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.80%<br>(Cost $794,821,209) | TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.80%<br>(Cost $794,821,209) | &nbsp;&nbsp;1027530438 |
| **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** |
| **Money Market Funds-5.52%** | **Money Market Funds-5.52%** | **Money Market Funds-5.52%** |
| Invesco Private Government Fund, 4.36%<sup>(c)(d)(e)</sup><br>| 15919392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15919392 |
| Invesco Private Prime Fund, 4.59%<sup>(c)(d)(e)</sup><br>| 40933759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40946039 |
| &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $56,864,221) | &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $56,864,221) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56865431 |
| TOTAL INVESTMENTS IN SECURITIES-105.32%<br>(Cost $851,685,430) | TOTAL INVESTMENTS IN SECURITIES-105.32%<br>(Cost $851,685,430) | &nbsp;&nbsp;1084395869 |
| OTHER ASSETS LESS LIABILITIES-(5.32)% | OTHER ASSETS LESS LIABILITIES-(5.32)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(54747528) |
| NET ASSETS-100.00% | NET ASSETS-100.00% | $1029648341 |

---

See accompanying notes which are an integral part of this schedule.

------

### Invesco S&P Global Water Index ETF (CGW)—(continued)<br>
January 31, 2023

(Unaudited)

Investment Abbreviations: <br> ADR-American Depositary Receipt

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | All or a portion of this security was out on loan at January 31, 2023. |
| <sup>(b)</sup> | Non-income producing security. |
| <sup>(c)</sup> | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2023. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> October 31, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$12455312 | &nbsp;&nbsp;&nbsp;$(12455312) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$4614 |
| &nbsp;&nbsp;**Investments Purchased with Cash Collateral from Securities on Loan:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Private Government Fund | &nbsp;&nbsp;&nbsp;&nbsp;26467571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31104078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(41652257) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;15919392 | &nbsp;&nbsp;&nbsp;&nbsp;162,203\* |
| &nbsp;&nbsp;Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp;&nbsp;67629085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77963313 | &nbsp;&nbsp;&nbsp;&nbsp;(104659725) | &nbsp;&nbsp;&nbsp;&nbsp;(384) | &nbsp;&nbsp;&nbsp;&nbsp;13750 | &nbsp;&nbsp;&nbsp;&nbsp;40946039 | &nbsp;&nbsp;&nbsp;&nbsp;443,162\* |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;&nbsp;$94096656 | &nbsp;&nbsp;&nbsp;$121522703 | &nbsp;&nbsp;&nbsp;$(158767294) | &nbsp;&nbsp;&nbsp;$(384) | &nbsp;&nbsp;&nbsp;$13750 | &nbsp;&nbsp;&nbsp;$56865431 | &nbsp;&nbsp;&nbsp;$609979 |

---

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

<sup>(d)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2023. <br> <sup>(e)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

Schedule of Investments<br>

### Invesco S&P International Developed Quality ETF (IDHQ)
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks & Other Equity Interests-99.88%** | **Common Stocks & Other Equity Interests-99.88%** | **Common Stocks & Other Equity Interests-99.88%** |
| **Australia-14.01%** | **Australia-14.01%** | **Australia-14.01%** |
| AGL Energy Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;12764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$68805 |
| Aristocrat Leisure Ltd.<br>| &nbsp;&nbsp;13677 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327290 |
| ASX Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174084 |
| BHP Group Ltd.<br>| 173757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6045983 |
| BlueScope Steel Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108144 |
| Charter Hall Group<br>| &nbsp;&nbsp;13911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134979 |
| Cochlear Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228596 |
| Domino's Pizza Enterprises Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68705 |
| Fortescue Metals Group Ltd.<br>| &nbsp;&nbsp;38714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;606703 |
| Glencore PLC<br>| 315313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2100842 |
| Goodman Group<br>| &nbsp;&nbsp;38657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;543976 |
| IDP Education Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104055 |
| Incitec Pivot Ltd.<br>| &nbsp;&nbsp;39621 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96041 |
| James Hardie Industries PLC, CDI<br>| &nbsp;&nbsp;10068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223120 |
| JB Hi-Fi Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104387 |
| Lynas Rare Earths Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;22529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149067 |
| Medibank Pvt. Ltd.<br>| &nbsp;&nbsp;60991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126353 |
| Pilbara Minerals Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;58329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195232 |
| Pro Medicus Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1409 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66372 |
| Rio Tinto PLC<br>| &nbsp;&nbsp;27330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2126090 |
| Sonic Healthcare Ltd.<br>| &nbsp;&nbsp;10515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233989 |
| South32 Ltd.<br>| 107683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;344490 |
| Wesfarmers Ltd.<br>| &nbsp;&nbsp;22927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;802121 |
| Whitehaven Coal Ltd.<br>| &nbsp;&nbsp;35268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208754 |
| WiseTech Global Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154982 |
| Woolworths Group Ltd.<br>| &nbsp;&nbsp;35826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;910832 |
| Yancoal Australia Ltd.<br>| &nbsp;&nbsp;13996 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58089 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;16312081 |
| **Austria-0.34%** | **Austria-0.34%** | **Austria-0.34%** |
| Mondi PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;9768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183147 |
| OMV AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;3120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155362 |
| Verbund AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54928 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393437 |
| **Belgium-0.08%** | **Belgium-0.08%** | **Belgium-0.08%** |
| Warehouses De Pauw C.V.A.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91557 |
| **Brazil-0.15%** | **Brazil-0.15%** | **Brazil-0.15%** |
| Yara International ASA<br>| &nbsp;&nbsp;&nbsp;&nbsp;3951 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174840 |
| **Canada-6.63%** | **Canada-6.63%** | **Canada-6.63%** |
| Canadian National Railway Co.<br>| &nbsp;&nbsp;11871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1409022 |
| Canadian Natural Resources Ltd.<br>| &nbsp;&nbsp;31524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1929452 |
| CGI, Inc., Class A<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390660 |
| Gildan Activewear, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123376 |
| Imperial Oil Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286880 |
| Intact Financial Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;497349 |
| Nutrien Ltd.<br>| &nbsp;&nbsp;12490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1030950 |
| Pembina Pipeline Corp.<br>| &nbsp;&nbsp;11208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396545 |
| Suncor Energy, Inc.<br>| &nbsp;&nbsp;32144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1112459 |
| Toromont Industries Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136532 |
| Tourmaline Oil Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413137 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7726362 |
| **China-1.85%** | **China-1.85%** | **China-1.85%** |
| Budweiser Brewing Co. APAC Ltd.<sup>(c)</sup><br>| &nbsp;&nbsp;30355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95651 |
| Prosus N.V.<sup>(b)</sup><br>| &nbsp;&nbsp;25635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2055216 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2150867 |
| **Denmark-6.68%** | **Denmark-6.68%** | **Denmark-6.68%** |
| AP Moller - Maersk A/S, Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346054 |
| Coloplast A/S, Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;2643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317401 |
| Genmab A/S<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505939 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Denmark-(continued)** | **Denmark-(continued)** | **Denmark-(continued)** |
| Novo Nordisk A/S, Class B<br>| 44012 | &nbsp;&nbsp;$6059055 |
| Novozymes A/S, Class B<sup>(a)</sup><br>| &nbsp;&nbsp;3558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184346 |
| Orsted A/S<sup>(c)</sup><br>| &nbsp;&nbsp;4122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364071 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;7776866 |
| **Finland-1.46%** | **Finland-1.46%** | **Finland-1.46%** |
| Elisa OYJ<br>| &nbsp;&nbsp;3155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179479 |
| Kesko OYJ, Class B<br>| &nbsp;&nbsp;5348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124121 |
| Kone OYJ, Class B<br>| &nbsp;&nbsp;9710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;527699 |
| Metso Outotec OYJ<br>| 12674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144735 |
| Orion OYJ, Class B<br>| &nbsp;&nbsp;2594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138579 |
| Sampo OYJ, Class A<br>| 11137 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;582633 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1697246 |
| **France-6.08%** | **France-6.08%** | **France-6.08%** |
| Airbus SE<br>| 16921 | &nbsp;&nbsp;&nbsp;&nbsp;2110422 |
| Bollore SE<br>| 22375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124661 |
| Dassault Aviation S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76072 |
| Hermes International<br>| &nbsp;&nbsp;&nbsp;&nbsp;843 | &nbsp;&nbsp;&nbsp;&nbsp;1569694 |
| Kering S.A.<br>| &nbsp;&nbsp;1673 | &nbsp;&nbsp;&nbsp;&nbsp;1036577 |
| L'Oreal S.A.<br>| &nbsp;&nbsp;4784 | &nbsp;&nbsp;&nbsp;&nbsp;1964222 |
| Sartorius Stedim Biotech<br>| &nbsp;&nbsp;&nbsp;&nbsp;559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193605 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;7075253 |
| **Germany-2.03%** | **Germany-2.03%** | **Germany-2.03%** |
| adidas AG<br>| &nbsp;&nbsp;3981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;637207 |
| Dr. Ing. h.c. F. Porsche AG, Preference Shares<sup>(a)(b)</sup><br>| &nbsp;&nbsp;1142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135189 |
| Hapag-Lloyd AG<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60566 |
| Mercedes-Benz Group AG<br>| 16802 | &nbsp;&nbsp;&nbsp;&nbsp;1243589 |
| Nemetschek SE<br>| &nbsp;&nbsp;1093 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58011 |
| Sartorius AG, Preference Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229042 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2363604 |
| **Hong Kong-0.98%** | **Hong Kong-0.98%** | **Hong Kong-0.98%** |
| Hong Kong Exchanges & Clearing Ltd.<br>| 25404 | &nbsp;&nbsp;&nbsp;&nbsp;1142095 |
| **Israel-0.57%** | **Israel-0.57%** | **Israel-0.57%** |
| Check Point Software Technologies Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;2557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325250 |
| Delek Group Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47172 |
| ICL Group Ltd.<br>| 18285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143933 |
| Phoenix Holdings Ltd. (The)<br>| &nbsp;&nbsp;4950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52846 |
| Plus500 Ltd.<br>| &nbsp;&nbsp;4292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98227 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;667428 |
| **Italy-0.95%** | **Italy-0.95%** | **Italy-0.95%** |
| Banca Mediolanum S.p.A.<br>| &nbsp;&nbsp;6731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64081 |
| Ferrari N.V.<br>| &nbsp;&nbsp;2970 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;738333 |
| FinecoBank Banca Fineco S.p.A.<br>| 12922 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230859 |
| Recordati Industria Chimica e Farmaceutica S.p.A.<br>| &nbsp;&nbsp;1830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79757 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1113030 |
| **Japan-9.71%** | **Japan-9.71%** | **Japan-9.71%** |
| Advantest Corp.<br>| &nbsp;&nbsp;3890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275197 |
| Bandai Namco Holdings, Inc.<br>| &nbsp;&nbsp;4820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320827 |
| BayCurrent Consulting, Inc.<br>| &nbsp;&nbsp;3993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167955 |
| Benefit One, Inc.<br>| &nbsp;&nbsp;3729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60991 |
| Capcom Co. Ltd.<br>| &nbsp;&nbsp;3560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114976 |
| Chugai Pharmaceutical Co. Ltd.<br>| 13284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;343017 |
| CyberAgent, Inc.<br>| &nbsp;&nbsp;9276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86023 |
| Daito Trust Construction Co. Ltd.<br>| &nbsp;&nbsp;1420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139985 |
| Disco Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199385 |
| Fast Retailing Co. Ltd.<br>| &nbsp;&nbsp;1126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;679003 |
| GMO Payment Gateway, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77781 |

---

See accompanying notes which are an integral part of this schedule.

------

### Invesco S&P International Developed Quality ETF (IDHQ)—(continued)<br>
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Japan-(continued)** | **Japan-(continued)** | **Japan-(continued)** |
| GOLDWIN, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$63689 |
| Hoshizaki Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78249 |
| Hoya Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7831 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;855090 |
| Japan Exchange Group, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9829 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149576 |
| Kakaku.com, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58080 |
| Kawasaki Kisen Kaisha Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;5070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105030 |
| Kewpie Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53643 |
| Kobayashi Pharmaceutical Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73166 |
| Koei Tecmo Holdings Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58793 |
| Konami Group Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91696 |
| Kyowa Kirin Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101848 |
| Lasertec Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349444 |
| Mitsui OSK Lines Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160786 |
| Nexon Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205410 |
| Nihon M&A Center Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58964 |
| Nintendo Co. Ltd.<br>| &nbsp;&nbsp;36111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1561955 |
| Nippon Yusen K.K.<sup>(a)</sup><br>| &nbsp;&nbsp;11448 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270696 |
| Nissan Chemical Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140955 |
| NOF Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64826 |
| Otsuka Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76498 |
| Persol Holdings Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87034 |
| Pola Orbis Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58546 |
| Recruit Holdings Co. Ltd.<br>| &nbsp;&nbsp;35365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1126937 |
| Ryohin Keikaku Co. Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;5392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59457 |
| SCREEN Holdings Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81317 |
| SCSK Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56523 |
| Sekisui Chemical Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119728 |
| SG Holdings Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8888 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136554 |
| Shimadzu Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159478 |
| Shimamura Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58963 |
| Shimano, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290634 |
| Shinko Electric Industries Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56435 |
| Square Enix Holdings Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85036 |
| TechnoPro Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77679 |
| TIS, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4924 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141232 |
| Toei Animation Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51777 |
| Tokyo Electron Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1217431 |
| Trend Micro, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153356 |
| USS Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75100 |
| Workman Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62043 |
| ZOZO, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104097 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;11302891 |
| **Luxembourg-0.31%** | **Luxembourg-0.31%** | **Luxembourg-0.31%** |
| ArcelorMittal S.A.<br>| &nbsp;&nbsp;11664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359256 |
| **Netherlands-11.68%** | **Netherlands-11.68%** | **Netherlands-11.68%** |
| Adyen N.V.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1337552 |
| ASM International N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267107 |
| ASML Holding N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5971239 |
| Shell PLC<br>| 174262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5093040 |
| Universal Music Group N.V.<br>| &nbsp;&nbsp;13295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338884 |
| Wolters Kluwer N.V.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;594091 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;13601913 |
| **New Zealand-0.35%** | **New Zealand-0.35%** | **New Zealand-0.35%** |
| Fisher & Paykel Healthcare Corp. Ltd.<br>| &nbsp;&nbsp;11459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187060 |
| Infratil Ltd.<br>| &nbsp;&nbsp;15508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88996 |
| Spark New Zealand Ltd.<br>| &nbsp;&nbsp;39891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134182 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410238 |
| **Norway-1.91%** | **Norway-1.91%** | **Norway-1.91%** |
| Aker ASA, Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54886 |
| Aker BP ASA<br>| &nbsp;&nbsp;&nbsp;&nbsp;9045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274567 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Norway-(continued)** | **Norway-(continued)** | **Norway-(continued)** |
| Equinor ASA<br>| 37404 | &nbsp;&nbsp;$1135798 |
| Gjensidige Forsikring ASA<br>| &nbsp;&nbsp;4377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78397 |
| Kongsberg Gruppen ASA<br>| &nbsp;&nbsp;1907 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75606 |
| Mowi ASA<br>| &nbsp;&nbsp;9085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167406 |
| Nordic Semiconductor ASA<sup>(b)</sup><br>| &nbsp;&nbsp;3959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62388 |
| Norsk Hydro ASA<br>| 32032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257648 |
| TOMRA Systems ASA<br>| &nbsp;&nbsp;4196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73575 |
| Var Energi ASA<sup>(a)</sup><br>| 16094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48725 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2228996 |
| **Portugal-0.21%** | **Portugal-0.21%** | **Portugal-0.21%** |
| Galp Energia SGPS S.A.<br>| &nbsp;&nbsp;8734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119281 |
| Jeronimo Martins SGPS S.A.<br>| &nbsp;&nbsp;5610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121489 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240770 |
| **Singapore-0.76%** | **Singapore-0.76%** | **Singapore-0.76%** |
| Singapore Exchange Ltd.<br>| 20083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140880 |
| STMicroelectronics N.V.<br>| 15808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;740125 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;881005 |
| **South Africa-1.11%** | **South Africa-1.11%** | **South Africa-1.11%** |
| Anglo American PLC<br>| 30230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1290099 |
| **South Korea-0.51%** | **South Korea-0.51%** | **South Korea-0.51%** |
| BGF retail Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53958 |
| Cheil Worldwide, Inc.<br>| &nbsp;&nbsp;3119 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55579 |
| F&F Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83744 |
| Hanjin Kal Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;1846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61368 |
| JYP Entertainment Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;1153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67862 |
| Meritz Fire & Marine Insurance Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;1604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70790 |
| Samsung Engineering Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;3336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70008 |
| S-Oil Corp.<br>| &nbsp;&nbsp;1024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73321 |
| Wemade Co. Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;1937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61327 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597957 |
| **Spain-0.74%** | **Spain-0.74%** | **Spain-0.74%** |
| Endesa S.A.<sup>(a)</sup><br>| &nbsp;&nbsp;6843 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135780 |
| Industria de Diseno Textil S.A.<br>| 23316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;724726 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;860506 |
| **Sweden-1.78%** | **Sweden-1.78%** | **Sweden-1.78%** |
| Atlas Copco AB, Class A<br>| 56942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;670808 |
| Axfood AB<br>| &nbsp;&nbsp;2219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56992 |
| Boliden AB<br>| &nbsp;&nbsp;5664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252910 |
| Epiroc AB, Class A<br>| 11784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228369 |
| EQT AB<sup>(a)</sup><br>| &nbsp;&nbsp;5843 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130535 |
| Evolution AB<sup>(c)</sup><br>| &nbsp;&nbsp;3770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;421370 |
| H & M Hennes & Mauritz AB, Class B<sup>(a)</sup><br>| 13924 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170389 |
| SSAB AB, Class A<br>| &nbsp;&nbsp;8782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62356 |
| Tele2 AB, Class B<br>| &nbsp;&nbsp;9876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85084 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2078813 |
| **Switzerland-9.26%** | **Switzerland-9.26%** | **Switzerland-9.26%** |
| ABB Ltd.<br>| 44193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1527214 |
| EMS-Chemie Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104282 |
| Geberit AG<br>| &nbsp;&nbsp;1042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;587036 |
| Kuehne + Nagel International AG, Class R<br>| &nbsp;&nbsp;1955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463029 |
| Lonza Group AG<br>| &nbsp;&nbsp;1842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1041745 |
| Novartis AG<br>| 60477 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5427955 |
| Partners Group Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;870034 |
| Schindler Holding AG, PC<br>| &nbsp;&nbsp;&nbsp;&nbsp;734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155269 |
| Sonova Holding AG, Class A<br>| &nbsp;&nbsp;1007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249791 |
| Straumann Holding AG<br>| &nbsp;&nbsp;2717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;351768 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;10778123 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **United Kingdom-8.64%** | **United Kingdom-8.64%** | **United Kingdom-8.64%** |
| 3i Group PLC<br>| 24299 | &nbsp;&nbsp;&nbsp;&nbsp;$471154 |
| Admiral Group PLC<br>| &nbsp;&nbsp;7221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195575 |
| Auto Trader Group PLC<sup>(c)</sup><br>| 31161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240532 |
| Barratt Developments PLC<br>| 18883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106889 |
| Burberry Group PLC<br>| &nbsp;&nbsp;7835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237380 |
| Croda International PLC<br>| &nbsp;&nbsp;3083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261357 |
| Diageo PLC<br>| 44771 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1940140 |
| Experian PLC<br>| 18846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;685135 |
| Hargreaves Lansdown PLC<br>| 11438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125183 |
| Imperial Brands PLC<br>| 22859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;571559 |
| Informa PLC<br>| 30750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253335 |
| Next PLC<br>| &nbsp;&nbsp;3488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284182 |
| Persimmon PLC<br>| &nbsp;&nbsp;6670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115946 |
| Reckitt Benckiser Group PLC<br>| 19345 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1374163 |
| RELX PLC<br>| 46663 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1379874 |
| Rightmove PLC<br>| 29733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214794 |
| Sage Group PLC (The)<br>| 25665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245439 |
| Segro PLC<br>| 29421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300700 |
| Smiths Group PLC<br>| &nbsp;&nbsp;9937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211272 |
| Spirax-Sarco Engineering PLC<br>| &nbsp;&nbsp;1371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194608 |
| SSE PLC<br>| 20384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;432508 |
| St James's Place PLC<br>| 14253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214511 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;10056236 |
| **United States-11.10%** | **United States-11.10%** | **United States-11.10%** |
| GSK PLC<br>| 99753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1748021 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **United States-(continued)** | **United States-(continued)** | **United States-(continued)** |
| Nestle S.A.<br>| &nbsp;&nbsp;&nbsp;&nbsp;47482 | &nbsp;&nbsp;&nbsp;&nbsp;$5761408 |
| Oracle Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;970 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66086 |
| Roche Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;17222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5347021 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12922536 |
| TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.88%<br>(Cost $109,320,982) | TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.88%<br>(Cost $109,320,982) | &nbsp;&nbsp;116294005 |
| **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** |
| **Money Market Funds-1.63%** | **Money Market Funds-1.63%** | **Money Market Funds-1.63%** |
| Invesco Private Government Fund, 4.36%<sup>(d)(e)(f)</sup><br>| &nbsp;&nbsp;&nbsp;530831 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530831 |
| Invesco Private Prime Fund, 4.59%<sup>(d)(e)(f)</sup><br>| 1366007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1366417 |
| &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $1,897,253) | &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $1,897,253) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1897248 |
| TOTAL INVESTMENTS IN SECURITIES-101.51%<br>(Cost $111,218,235) | TOTAL INVESTMENTS IN SECURITIES-101.51%<br>(Cost $111,218,235) | &nbsp;&nbsp;118191253 |
| OTHER ASSETS LESS LIABILITIES-(1.51)% | OTHER ASSETS LESS LIABILITIES-(1.51)% | &nbsp;&nbsp;&nbsp;&nbsp;(1758961) |
| NET ASSETS-100.00% | NET ASSETS-100.00% | $116432292 |

---

Investment Abbreviations: <br> CDI-CREST Depository Interest <br> PC-Participation Certificate

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | All or a portion of this security was out on loan at January 31, 2023. |
| <sup>(b)</sup> | Non-income producing security. |
| <sup>(c)</sup> | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2023 was $2,519,742, which represented 2.16% of the Fund's Net Assets. |
| <sup>(d)</sup> | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2023. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> October 31, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$366766 | &nbsp;&nbsp;&nbsp;&nbsp;$(366766) | &nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$367 |
| &nbsp;&nbsp;**Investments Purchased with Cash Collateral from Securities on Loan:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Private Government Fund | &nbsp;&nbsp;&nbsp;&nbsp;1950330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6478457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7897956) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530831 | &nbsp;&nbsp;&nbsp;&nbsp;15,789\* |
| &nbsp;&nbsp;Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp;&nbsp;5013788 | &nbsp;&nbsp;&nbsp;&nbsp;10910755 | &nbsp;&nbsp;&nbsp;&nbsp;(14559929) | &nbsp;&nbsp;&nbsp;&nbsp;(27) | &nbsp;&nbsp;&nbsp;&nbsp;1830 | &nbsp;&nbsp;&nbsp;&nbsp;1366417 | &nbsp;&nbsp;&nbsp;&nbsp;43,772\* |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;&nbsp;$6964118 | &nbsp;&nbsp;&nbsp;$17755978 | &nbsp;&nbsp;&nbsp;$(22824651) | &nbsp;&nbsp;&nbsp;$(27) | &nbsp;&nbsp;&nbsp;$1830 | &nbsp;&nbsp;&nbsp;$1897248 | &nbsp;&nbsp;&nbsp;$59928 |

---

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2023. <br> <sup>(f)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

### Notes to Quarterly Schedules of Portfolio Holdings
January 31, 2023

(Unaudited)

#### NOTE 1—Additional Valuation Information
Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment's assigned level:

Level 1 — Prices are determined using quoted prices in an active market for identical assets.

Level 2 — Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.

Level 3 — Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Capital Management LLC's assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

The following is a summary of the tiered valuation input levels, as of January 31, 2023. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;Invesco China Technology ETF |  |  |  |  |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp;$664936024 | &nbsp;&nbsp;&nbsp;$401597089 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$1066533113 |
| &nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8502478 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12359557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20862035 |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;$673438502 | &nbsp;&nbsp;&nbsp;$413956646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$1087395148 |
| &nbsp;&nbsp;Invesco DWA Developed Markets Momentum ETF |  |  |  |  |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp;$137961020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$137961020 |
| &nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2564362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2564362 |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;$137961020 | &nbsp;&nbsp;&nbsp;&nbsp;$2564362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$140525382 |
| &nbsp;&nbsp;Invesco DWA Emerging Markets Momentum ETF |  |  |  |  |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp;&nbsp;$43617191 | &nbsp;&nbsp;&nbsp;$114824542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$158441733 |
| &nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;991293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2691637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3682930 |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;&nbsp;$44608484 | &nbsp;&nbsp;&nbsp;$117516179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$162124663 |
| &nbsp;&nbsp;Invesco FTSE RAFI Developed Markets ex-U.S. ETF |  |  |  |  |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp;$1373345105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$71056 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;$1373416161 |
| &nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79466511 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79466511 |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;$1373345105 | &nbsp;&nbsp;&nbsp;$79537567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;$1452882672 |
| &nbsp;&nbsp;Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF |  |  |  |  |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp;$135258640 | &nbsp;&nbsp;&nbsp;$460856184 | &nbsp;&nbsp;&nbsp;$724446 | &nbsp;&nbsp;&nbsp;$596839270 |
| &nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71993417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72005051 |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;$135270274 | &nbsp;&nbsp;&nbsp;$532849601 | &nbsp;&nbsp;&nbsp;$724446 | &nbsp;&nbsp;&nbsp;$668844321 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;Invesco FTSE RAFI Emerging Markets ETF |  |  |  |  |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp;$480157405 | &nbsp;&nbsp;&nbsp;$865707864 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;$1345865269 |
| &nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7920742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10657836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18578578 |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;$488078147 | &nbsp;&nbsp;&nbsp;$876365700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;$1364443847 |
| &nbsp;&nbsp;Invesco Global Clean Energy ETF |  |  |  |  |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp;$225168337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$225168337 |
| &nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68823177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68823177 |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;$225168337 | &nbsp;&nbsp;&nbsp;$68823177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$293991514 |
| &nbsp;&nbsp;Invesco Global Water ETF |  |  |  |  |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp;$285738605 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$285738605 |
| &nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1923244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1923244 |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;$285738605 | &nbsp;&nbsp;&nbsp;&nbsp;$1923244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$287661849 |
| &nbsp;&nbsp;Invesco International BuyBack Achievers<sup>TM</sup> ETF |  |  |  |  |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp;&nbsp;$40927680 | &nbsp;&nbsp;&nbsp;$52319419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$93247099 |
| &nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2621922 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2621922 |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;&nbsp;$40927680 | &nbsp;&nbsp;&nbsp;$54941341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$95869021 |
| &nbsp;&nbsp;Invesco MSCI Global Timber ETF |  |  |  |  |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp;&nbsp;$64333659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$64333659 |
| &nbsp;&nbsp;&nbsp;Exchange-Traded Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337607 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337607 |
| &nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6162062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6180525 |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;&nbsp;$64689729 | &nbsp;&nbsp;&nbsp;&nbsp;$6162062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$70851791 |
| &nbsp;&nbsp;Invesco MSCI Green Building ETF |  |  |  |  |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2104248 | &nbsp;&nbsp;&nbsp;&nbsp;$4466753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6571001 |
| &nbsp;&nbsp;&nbsp;Exchange-Traded Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38815 |
| &nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;458992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;458992 |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2143063 | &nbsp;&nbsp;&nbsp;&nbsp;$4925745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$7068808 |
| &nbsp;&nbsp;Invesco S&P Global Water Index ETF |  |  |  |  |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp;$1027530438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$1027530438 |
| &nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56865431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56865431 |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;$1027530438 | &nbsp;&nbsp;&nbsp;$56865431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$1084395869 |
| &nbsp;&nbsp;Invesco S&P International Developed Quality ETF |  |  |  |  |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp;$116223215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$70790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$116294005 |
| &nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1897248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1897248 |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;$116223215 | &nbsp;&nbsp;&nbsp;&nbsp;$1968038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$118191253 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Invesco Exchange-Traded Fund Trust II

- **b. Investment Company Act file number:** 811-21977

- **c. CIK number of Registrant:** 0001378872

- **d. LEI of Registrant:** O540V2L4S174Y60FMD36

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

  - **Street Address 1:** 3500 Lacey Road

  - **City:** Downers Grove

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60515

  - **Telephone number:** 800-983-0903

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

- **a. Name of Series:** Invesco S&P Global Water Index ETF

- **b. EDGAR series identifier (if any):** S000060819

- **c. LEI of Series:** 549300RFDFWI2IHZ7J53

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $1087425957.98

**Total Liabilities:** $57777617.07

**Net Assets:** $1029648340.91

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000197635 | 7.32%                | -3.27%               | 7.84%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $67261279.77                               |
| Month 2  | $33816.45                | $-34950733.33                              |
| Month 3  | $-2529854.01             | $77108747.12                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Belimo Holding AG                               | Belimo Holding AG                                    | CUSIP: H07171129<br>LEI: 506700339DLX749VEM23 | Long             | EC               | CORP              | CH        |     30562 | NS      | $16000350.48  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc.                                      | Xylem Inc.                                           | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |    702717 | NS      | $73089595.17  | 7.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Sulzer AG                                       | Sulzer AG                                            | CUSIP: H83580284<br>LEI: 529900NZ6MAST5IJF669 | Long             | EC               | CORP              | CH        |     54271 | NS      | $4583868.95   | 0.45%             |  |  |  | No            |                  1 | On Loan: —       |
| Wienerberger AG                                 | Wienerberger AG                                      | CUSIP: A95384110<br>LEI: 529900VXIFBHO0SW2I31 | Long             | EC               | CORP              | AT        |    347025 | NS      | $10364383.52  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Recovery, Inc.                           | Energy Recovery, Inc.                                | CUSIP: 29270J100<br>LEI: 549300ZEQL52Z525WJ22 | Long             | EC               | CORP              | US        |    347833 | NS      | $7697544.29   | 0.75%             |  |  |  | No            |                  1 | On Loan: —       |
| Lindsay Corp.                                   | Lindsay Corp.                                        | CUSIP: 535555106<br>LEI: 549300ZFO0QG5H8TPI61 | Long             | EC               | CORP              | US        |     68205 | NS      | $10682267.10  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TETRA Technologies, Inc.                        | TETRA Technologies, Inc.                             | CUSIP: 88162F105<br>LEI: 549300T5W131705EK832 | Long             | EC               | CORP              | US        |    422728 | NS      | $1674002.88   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Interpump Group S.p.A.                          | Interpump Group S.p.A.                               | CUSIP: N/A<br>LEI: 815600C79D0F31F4D395       | Long             | EC               | CORP              | IT        |    257007 | NS      | $13336476.86  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Montrose Environmental Group, Inc.              | Montrose Environmental Group, Inc.                   | CUSIP: 615111101<br>LEI: 254900ASI8K3LUB8Q958 | Long             | EC               | CORP              | US        |    100667 | NS      | $5452124.72   | 0.53%             |  |  |  | No            |                  1 | On Loan: —       |
| Mueller Water Products, Inc.                    | Mueller Water Products, Inc., Class A                | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |    968063 | NS      | $12245996.95  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Pentair PLC                                     | Pentair PLC                                          | CUSIP: G7S00T104<br>LEI: 549300EVR9D56WPSRP15 | Long             | EC               | CORP              | IE        |    510910 | NS      | $28294195.80  | 2.75%             |  |  |  | No            |                  1 | On Loan: —       |
| Watts Water Technologies, Inc.                  | Watts Water Technologies, Inc., Class A              | CUSIP: 942749102<br>LEI: 549300REJOO94ERQN318 | Long             | EC               | CORP              | US        |    127116 | NS      | $20786008.32  | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Severn Trent PLC                                | Severn Trent PLC                                     | CUSIP: N/A<br>LEI: 213800RPBXRETY4A4C59       | Long             | EC               | CORP              | GB        |   1866059 | NS      | $64692171.11  | 6.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Tetra Tech, Inc.                                | Tetra Tech, Inc.                                     | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |    195114 | NS      | $30344129.28  | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| California Water Service Group                  | California Water Service Group                       | CUSIP: 130788102<br>LEI: 529900QABDOBU6UVRQ36 | Long             | EC               | CORP              | US        |    403802 | NS      | $24700568.34  | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Middlesex Water Co.                             | Middlesex Water Co.                                  | CUSIP: 596680108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    129919 | NS      | $10895007.34  | 1.06%             |  |  |  | No            |                  1 | On Loan: —       |
| American Water Works Co., Inc.                  | American Water Works Co., Inc.                       | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |    500036 | NS      | $78250633.64  | 7.60%             |  |  |  | No            |                  1 | On Loan: No      |
| SJW Group                                       | SJW Group                                            | CUSIP: 784305104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    196515 | NS      | $15212226.15  | 1.48%             |  |  |  | No            |                  1 | On Loan: —       |
| Evoqua Water Technologies Corp.                 | Evoqua Water Technologies Corp.                      | CUSIP: 30057T105<br>LEI: 529900YQAOMEZRGRRP43 | Long             | EC               | CORP              | US        |    754646 | NS      | $36607877.46  | 3.56%             |  |  |  | No            |                  1 | On Loan: —       |
| Advanced Drainage Systems, Inc.                 | Advanced Drainage Systems, Inc.                      | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |    396304 | NS      | $39963295.36  | 3.88%             |  |  |  | No            |                  1 | On Loan: —       |
| INVESCO PRIVATE GOVERNMENT FUND                 | INVESCO PRIVATE GOVERNMENT FUND                      | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  15919392 | NS      | $15919391.73  | 1.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Georg Fischer AG                                | Georg Fischer AG                                     | CUSIP: H26091142<br>LEI: 529900CMRQYW4U1W2456 | Long             | EC               | CORP              | CH        |    254743 | NS      | $17398773.61  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Stantec Inc.                                    | Stantec Inc.                                         | CUSIP: 85472N109<br>LEI: 549300MZ7NGUZDCP2T16 | Long             | EC               | CORP              | CA        |    407846 | NS      | $21199983.93  | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| United Utilities Group PLC                      | United Utilities Group PLC                           | CUSIP: N/A<br>LEI: 2138002IEYQAOC88ZJ59       | Long             | EC               | CORP              | GB        |   5022584 | NS      | $65419403.78  | 6.35%             |  |  |  | No            |                  1 | On Loan: —       |
| American States Water Co.                       | American States Water Co.                            | CUSIP: 029899101<br>LEI: 529900L26LIS2V8PWM23 | Long             | EC               | CORP              | US        |    272234 | NS      | $25636275.78  | 2.49%             |  |  |  | No            |                  1 | On Loan: —       |
| Kurita Water Industries Ltd.                    | Kurita Water Industries Ltd.                         | CUSIP: N/A<br>LEI: 52990086GS2ON69UMX34       | Long             | EC               | CORP              | JP        |    664059 | NS      | $29821250.80  | 2.90%             |  |  |  | No            |                  1 | On Loan: —       |
| INVESCO PRIVATE PRIME FUND                      | INVESCO PRIVATE PRIME FUND                           | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  40933759 | NS      | $40946039.06  | 3.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Beijing Enterprises Water Group Ltd.            | Beijing Enterprises Water Group Ltd.                 | CUSIP: N/A<br>LEI: 529900TWUN2ALJKWRR11       | Long             | EC               | CORP              | BM        |  34194466 | NS      | $8724691.68   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| EBARA Corp.                                     | EBARA Corp.                                          | CUSIP: N/A<br>LEI: 353800UV8U3SOMCDTI49       | Long             | EC               | CORP              | JP        |    245988 | NS      | $10346836.56  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Core & Main Inc.                                | Core & Main Inc., Class A                            | CUSIP: 21874C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    336807 | NS      | $7433330.49   | 0.72%             |  |  |  | No            |                  1 | On Loan: —       |
| Veolia Environnement                            | Veolia Environnement                                 | CUSIP: N/A<br>LEI: 969500LENY69X51OOT31       | Long             | EC               | CORP              | FR        |   1391921 | NS      | $41087910.66  | 3.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Worldwide Corp. Ltd.                   | Reliance Worldwide Corp. Ltd.                        | CUSIP: N/A<br>LEI: 52990084PQSDDJ8F5447       | Long             | EC               | CORP              | AU        |   2453934 | NS      | $6069368.82   | 0.59%             |  |  |  | No            |                  1 | On Loan: —       |
| Geberit AG                                      | Geberit AG                                           | CUSIP: N/A<br>LEI: 52990093Z5OHD6T7BS47       | Long             | EC               | CORP              | CH        |     74687 | NS      | $42076725.12  | 4.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Aalberts N.V.                                   | Aalberts N.V.                                        | CUSIP: N00089271<br>LEI: 549300EMP9DT6Q35HZ31 | Long             | EC               | CORP              | NL        |    298799 | NS      | $14035092.19  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| China Lesso Group Holdings Ltd.                 | China Lesso Group Holdings Ltd.                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |   3083000 | NS      | $3504414.72   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Electric Co., Inc.                     | Franklin Electric Co., Inc.                          | CUSIP: 353514102<br>LEI: RR6AURIKMXUE4Q24G284 | Long             | EC               | CORP              | US        |    241686 | NS      | $21824245.80  | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter, Inc.                              | Badger Meter, Inc.                                   | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |    181811 | NS      | $21071894.90  | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc.                                     | Ecolab Inc.                                          | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |    261613 | NS      | $40505540.79  | 3.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Coway Co., Ltd.                                 | Coway Co., Ltd.                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    171910 | NS      | $7787447.64   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia de Saneamento Basico do Estado de Sao Paulo | Cia de Saneamento Basico do Estado de Sao Paulo, ADR | CUSIP: 20441A102<br>LEI: 254900UOXRZRS2TNWP19 | Long             | EC               | CORP              | BR        |   2517173 | NS      | $27714074.73  | 2.69%             |  |  |  | No            |                  1 | On Loan: —       |
| Essential Utilities, Inc.                       | Essential Utilities, Inc.                            | CUSIP: 29670G102<br>LEI: 549300ILTEOF3E3QY357 | Long             | EC               | CORP              | US        |   1237663 | NS      | $57835991.99  | 5.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Organo Corp.                                    | Organo Corp.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    166991 | NS      | $4218273.94   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Energy Services, Inc.                    | Select Energy Services, Inc., Class A                | CUSIP: 81617J301<br>LEI: 54930094OK8LA3QDW486 | Long             | EC               | CORP              | US        |    613848 | NS      | $5389585.44   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Pennon Group PLC                                | Pennon Group PLC                                     | CUSIP: G8295T239<br>LEI: 213800V1CCTS41GWH423 | Long             | EC               | CORP              | GB        |   1921972 | NS      | $21709350.70  | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries, Inc.                        | Valmont Industries, Inc.                             | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |     66258 | NS      | $21847250.34  | 2.12%             |  |  |  | No            |                  1 | On Loan: —       |

### Signature

**Date Signed:** 2023-03-02

**Name of Applicant:** Invesco Exchange-Traded Fund Trust II

**Signature:** Sheri Morris

**Name of Signer:** Sheri Morris

**Title:** Vice President