# EDGAR Filing Document

**Accession Number:** 0002013853
**File Stem:** 0001752724-25-211597
**Filing Date:** 2025-8
**Character Count:** 75361
**Document Hash:** da0a27ffa5ff279d3720ddaf108e0b4e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-211597.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001752724-25-211597

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** New Age Alpha Funds Trust
- **CENTRAL INDEX KEY:** 0002013853

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23945
- **FILM NUMBER:** 251272045

**BUSINESS ADDRESS:**
- **STREET 1:** 555 THEODORE FREMD AVENUE
- **STREET 2:** SUITE A-101
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580
- **BUSINESS PHONE:** 212-922-2699

**MAIL ADDRESS:**
- **STREET 1:** 555 THEODORE FREMD AVENUE
- **STREET 2:** SUITE A-101
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580

## Series and Classes Contracts Data

### NAA World Equity Income Fund (Series ID: S000087632)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000253497 | Class P             |  |
| C000253498 | Class C             |  |
| C000253499 | Institutional Class |  |
| C000253500 | Class A             |  |

## Nport-Ex

---

| |
|:---|
| **NAA WORLD EQUITY INCOME FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **June 30, 2025** |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.4%** |  |
|  | **Communications - 3.2%** |  |
| 10125 | Comcast Corporation, Class A | $361361 |
| 806 | Fox Corporation, Class A | 45168 |
| 1854 | Interpublic Group of Companies, Inc. (The) | 45386 |
| 15308 | KDDI Corporation | 263583 |
| 631 | Omnicom Group, Inc. | 45394 |
| 7461 | Orange S.A. | 113497 |
| 2267 | Rogers Communications Inc, Class B | 67222 |
| 154436 | SoftBank Corporation | 239111 |
| 1322 | T-Mobile US, Inc. | 314981 |
|  |  | 1495703 |
|  | **Consumer Discretionary - 7.9%** |  |
| 1708 | Bunzl plc | 54389 |
| 2907 | Cie Generale des Etablissements Michelin | 107994 |
| 1220 | eBay, Inc.<sup>(a)</sup> | 90841 |
| 10262 | Ford Motor Company | 111343 |
| 204 | Games Workshop Group PLC | 45417 |
| 2545 | General Motors Company | 125239 |
| 383 | Genuine Parts Company | 46462 |
| 2722 | Home Depot, Inc. (The) | 997994 |
| 657 | Lennar Corporation, Class A | 72671 |
| 1200 | LKQ Corporation | 44412 |
| 1038 | LVMH Moet Hennessy Louis Vuitton S.E. | 543575 |
| 1560 | Magna International, Inc. | 60288 |
| 617 | Marriott International, Inc., Class A | 168571 |
| 4798 | Mercedes-Benz Group AG | 280815 |
| 939 | Ross Stores, Inc. | 119798 |
| 660 | Royal Caribbean Cruises Ltd. | 206672 |
| 3562 | Sekisui House Ltd. | 78718 |
| 10419 | Suzuki Motor Corporation | 126087 |
| 2978 | TJX Companies, Inc. (The) | 367753 |
|  |  | 3649039 |
|  | **Consumer Staples - 10.3%** |  |
| 8000 | Asahi Group Holdings Ltd. | 107061 |
| 8909 | British American Tobacco plc | 423464 |

---

---

| |
|:---|
| **NAA WORLD EQUITY INCOME FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **June 30, 2025** |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.4% (Continued)** |  |
|  | **Consumer Staples - 10.3% (Continued)** |  |
| 664 | Church & Dwight Company, Inc. | $63817 |
| 10436 | Coca-Cola Company (The) | 738347 |
| 926 | Coca-Cola Europacific Partners plc | 85859 |
| 2200 | Colgate-Palmolive Company | 199980 |
| 426 | Constellation Brands, Inc., Class A | 69302 |
| 2602 | Danone S.A. | 212573 |
| 581 | Estee Lauder Companies, Inc. (The), Class A | 46945 |
| 5071 | Kenvue, Inc. | 106136 |
| 6585 | Koninklijke Ahold Delhaize N.V. | 275344 |
| 6456 | Nestle S.A. | 641450 |
| 3661 | PepsiCo, Inc. | 483398 |
| 537 | Royal Unibrew A/S | 43877 |
| 30346 | Tesco PLC | 167150 |
| 11484 | Walmart, Inc. | 1122905 |
|  |  | 4787608 |
|  | **Energy - 5.1%** |  |
| 4088 | Chevron Corporation | 585361 |
| 10638 | Exxon Mobil Corporation | 1146776 |
| 987 | s.a. D'Ieteren n.v.<sup>(a)</sup> | 212048 |
| 3562 | Schlumberger Ltd. | 120396 |
| 6345 | TC Energy Corporation<sup>(a)</sup> | 309678 |
|  |  | 2374259 |
|  | **Financials - 30.4%** |  |
| 689 | Allstate Corporation (The) | 138703 |
| 7143 | AXA S.A. | 350588 |
| 14412 | Banco Bilbao Vizcaya Argentaria S.A. | 221612 |
| 37660 | Banco Santander S.A. | 311704 |
| 6396 | Bank of Ireland Group PLC | 91043 |
| 1872 | Bank of New York Mellon Corporation (The) | 170558 |
| 7408 | Bank of Nova Scotia (The) | 409529 |
| 3783 | Beazley Plc | 48549 |
| 4096 | BNP Paribas | 368206 |
| 1684 | Capital One Financial Corporation | 358288 |
| 982 | Chubb Ltd. | 284505 |

---

---

| |
|:---|
| **NAA WORLD EQUITY INCOME FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **June 30, 2025** |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.4% (Continued)** |  |
|  | **Financials - 30.4% (Continued)** |  |
| 4836 | Citigroup, Inc. | $411640 |
| 8165 | Danske Bank A/S | 332990 |
| 1234 | Deutsche Boerse A.G. | 402467 |
| 5747 | DNB Bank ASA | 158866 |
| 133 | Everest Group Ltd. | 45200 |
| 771 | Goldman Sachs Group, Inc. (The) | 545675 |
| 406 | Hannover Rueck S.E. | 127778 |
| 80280 | HSBC Holdings PLC | 971655 |
| 22224 | ING Groep N.V. | 487567 |
| 51707 | Intesa Sanpaolo SpA | 297909 |
| 10337 | Japan Post Holdings Co LT | 95849 |
| 7085 | JPMorgan Chase & Company | 2054011 |
| 769 | Julius Baer Group Ltd. | 51990 |
| 26703 | Legal & General Group plc | 93315 |
| 65930 | Mitsubishi UFJ Financial Group, Inc. | 907722 |
| 13634 | Mizuho Financial Group, Inc. | 377981 |
| 3198 | Morgan Stanley | 450470 |
| 2337 | National Bank of Canada | 241093 |
| 14321 | Nordea Bank Abp | 213145 |
| 463 | Northern Trust Corporation | 58704 |
| 464 | Raymond James Financial, Inc. | 71164 |
| 8877 | Standard Chartered PLC | 147065 |
| 21228 | Sumitomo Mitsui Financial Group, Inc. | 535601 |
| 3800 | Sumitomo Mitsui Trust Holdings, Inc. | 101286 |
| 18144 | Svenska Handelsbanken A.B., A Shares | 242522 |
| 10640 | Swedbank AB, Class A | 281741 |
| 71 | Swiss Life Holding A.G. | 71823 |
| 666 | Sydbank A/S<sup>(a)</sup> | 49401 |
| 402 | Talanx A.G.<sup>(a)</sup> | 52037 |
| 791 | Thomson Reuters Corporation | 159023 |
| 10621 | Tokio Marine Holdings, Inc. | 450635 |
| 585 | Travelers Companies, Inc. (The) | 156511 |
| 8083 | UBS Group Ag | 273542 |
| 5110 | UniCredit SpA | 342533 |

---

---

| |
|:---|
| **NAA WORLD EQUITY INCOME FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **June 30, 2025** |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.4% (Continued)** |  |
|  | **Financials - 30.4% (Continued)** |  |
| 777 | W R Berkley Corporation | $57086 |
|  |  | 14071282 |
|  | **Health Care - 8.8%** |  |
| 1425 | Amgen, Inc. | 397874 |
| 695 | Cigna Group (The) | 229753 |
| 3153 | CVS Health Corporation | 217494 |
| 3359 | Gilead Sciences, Inc. | 372412 |
| 19562 | GlaxoSmithKline plc | 373218 |
| 300 | Humana, Inc. | 73344 |
| 3446 | Medtronic PLC | 300388 |
| 6691 | Merck & Company, Inc. | 529660 |
| 4901 | Novartis A.G. | 594063 |
| 4723 | Sanofi S.A. | 457335 |
| 922 | Stryker Corporation | 364771 |
| 1245 | Zoetis, Inc. | 194158 |
|  |  | 4104470 |
|  | **Industrials - 9.8%** |  |
| 3984 | ABB Ltd. | 237564 |
| 1912 | Ashtead Group PLC | 122531 |
| 5541 | Canadian Pacific Kansas City Ltd.<sup>(a)</sup> | 440072 |
| 896 | Cintas Corporation | 199691 |
| 1867 | Delta Air Lines, Inc. | 91819 |
| 393 | Expeditors International of Washington, Inc. | 44900 |
| 645 | General Dynamics Corporation | 188121 |
| 23171 | Hexagon A.B. | 233077 |
| 1200 | Hoshizaki Corp<sup>(a)</sup> | 41458 |
| 544 | Lockheed Martin Corporation | 251948 |
| 11220 | Mitsubishi Electric Corporation<sup>(a)</sup> | 242348 |
| 1425 | PACCAR, Inc. | 135461 |
| 790 | Rollins, Inc. | 44572 |
| 5119 | Siemens A.G. | 1312308 |
| 149 | Snap-on, Inc. | 46366 |
| 1629 | Southwest Airlines Company | 52845 |
| 567 | Spirax-Sarco Engineering plc<sup>(a)</sup> | 46345 |

---

---

| |
|:---|
| **NAA WORLD EQUITY INCOME FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **June 30, 2025** |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.4% (Continued)** |  |
|  | **Industrials - 9.8% (Continued)** |  |
| 3800 | Tokyo Metro Company Ltd. | $44258 |
| 579 | Trane Technologies PLC | 253260 |
| 147 | TransDigm Group, Inc. <sup>(a)</sup> | 223534 |
| 1962 | United Parcel Service, Inc., Class B | 198044 |
| 650 | Xylem, Inc. | 84084 |
|  |  | 4534606 |
|  | **Materials - 2.4%** |  |
| 3003 | Agnico Eagle Mines Ltd. | 357685 |
| 1352 | Amrize Ltd.<sup>(a)</sup> | 67447 |
| 677 | Ecolab, Inc. | 182411 |
| 2210 | Lafarge Holcim - Reclaim | 164065 |
| 763 | LyondellBasell Industries N.V., Class A | 44147 |
| 2542 | Newmont Corporation | 148097 |
| 6269 | Nippon Steel Corporation<sup>(a)</sup> | 118956 |
| 1349 | Smurfit WestRock plc | 58209 |
|  |  | 1141017 |
|  | **Real Estate - 1.5%** |  |
| 1851 | Aena SME S.A. | 49403 |
| 372 | AvalonBay Communities, Inc. | 75702 |
| 170 | Essex Property Trust, Inc. | 48178 |
| 1470 | Invitation Homes, Inc. | 48216 |
| 58 | Japan Real Estate Investment Corp. | 47478 |
| 2316 | Realty Income Corporation | 133426 |
| 6093 | Segro Plc | 56835 |
| 817 | Simon Property Group, Inc. | 131341 |
| 2744 | VICI Properties, Inc. | 89454 |
|  |  | 680033 |
|  | **Technology - 15.8%** |  |
| 1679 | Accenture PLC, Class A | 501836 |
| 11159 | Broadcom, Inc. | 3075979 |
| 354 | CDW Corporation | 63221 |
| 10158 | Cisco Systems, Inc. | 704762 |
| 1983 | Corning, Inc. | 104286 |
| 761 | Dell Technologies, Inc., Class C | 93299 |
| 101 | FactSet Research Systems, Inc. | 45175 |

---

---

| |
|:---|
| **NAA WORLD EQUITY INCOME FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **June 30, 2025** |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.4% (Continued)** |  |
|  | **Technology - 15.8% (Continued)** |  |
| 425 | Garmin Ltd. | $88706 |
| 3558 | Hewlett Packard Enterprise Company | 72761 |
| 2328 | International Business Machines Corporation | 686248 |
| 3225 | Lam Research Corporation | 313922 |
| 442 | Motorola Solutions, Inc. | 185843 |
| 523 | NetApp, Inc. | 55726 |
| 1859 | Open Text Corpation | 54305 |
| 12500 | Panasonic Holdings Corporation | 134998 |
| 859 | Paychex, Inc. | 124950 |
| 533 | Seagate Technology Holdings PLC | 76928 |
| 33901 | Sony Group Corporation | 877946 |
| 4263 | Sumito Electric Ind<sup>(a)</sup> | 91606 |
|  |  | 7352497 |
|  | **Utilities - 2.2%** |  |
| 502 | American Water Works Company, Inc. | 69834 |
| 2037 | Duke Energy Corporation | 240366 |
| 2634 | Exelon Corporation | 114368 |
| 1346 | FirstEnergy Corporation | 54190 |
| 1215 | NiSource, Inc. | 49013 |
| 496 | NRG Energy, Inc. | 79648 |
| 1246 | Public Service Enterprise Group, Inc. | 104888 |
| 1375 | Severn Trent plc | 51598 |
| 2859 | Southern Company (The) | 262542 |
|  |  | 1026447 |
|  | **TOTAL COMMON STOCKS (Cost $42,402,781)** | 45216961 |
|  | **EXCHANGE-TRADED FUNDS — 2.0%** |  |
|  | **Equity - 2.0%** |  |
| 3111 | iShares MSCI EAFE ETF | 278092 |
| 526 | SPDR S&P 500 ETF Trust ETF | 324990 |
| 572 | Vanguard S&P 500 ETF | 324913 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $870,583)** | 927995 |

---

---

| |
|:---|
| **NAA WORLD EQUITY INCOME FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **June 30, 2025** |

---

---

| | |
|:---|:---|
|  | **Fair Value** |
| **TOTAL INVESTMENTS - 99.4% (Cost $43,273,364)** | $46144956 |
| **OTHER ASSETS IN EXCESS OF LIABILITIES- 0.6%** | 285808 |
| **NET ASSETS - 100.0%** | $46430764 |

---

<sup>(a)</sup> Non-income producing security.

A/S - Anonim Sirketi

ETF - Exchange-Traded Fund

Ltd - Limited Company

MSCI - Morgan Stanley Capital International

N.V. - Naamioze Vennootschap

PLC - Public Limited Company

REIT - Real Estate Investment Trust

S.A. - Société Anonyme

S.E. - Société Européene

SPDR - Standard & Poor's Depositary Receipt

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** New Age Alpha Funds Trust

- **b. Investment Company Act file number:** 811-23945

- **c. CIK number of Registrant:** 0002013853

- **d. LEI of Registrant:** 529900860B9CQ8SDNS27

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

  - **Street Address 1:** 555 Theodore Fremd Avenue

  - **City:** Rye

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10580

  - **Telephone number:** 212-922-2699

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

- **a. Name of Series:** NAA WORLD EQUITY INCOME

- **b. EDGAR series identifier (if any):** S000087632

- **c. LEI of Series:** 529900OWTB2X9T38CT50

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $46662460.99

**Total Liabilities:** $231697.15

**Net Assets:** $46430763.84

**Cash Not Reported:** $31591.04

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000253499 | -1.11%               | 3.18%                | 3.88%                |
| Class ID C000253498 | -1.22%               | 3.08%                | 3.78%                |
| Class ID C000253500 | -1.16%               | 3.16%                | 3.85%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-89934.63               | $-516809.53                                |
| Month 2  | $9148.50                 | $1235175.43                                |
| Month 3  | $-198719.76              | $1886466.45                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Garmin Ltd                                     | Garmin Ltd.                                  | CUSIP: H2906T109<br>LEI: 2549001E0HIPIJQ0W046 | Long             | EC               | CORP              | US        |       425 | NS      | $88706.00     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust, Inc.                     | Essex Property Trust, Inc. REIT              | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |       170 | NS      | $48178.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corporation                            | Newmont Corporation                          | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      2542 | NS      | $148096.92    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities, Inc.                    | AvalonBay Communities, Inc. REIT             | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |       372 | NS      | $75702.00     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Index Funds                           | Vanguard S&P 500 ETF                         | CUSIP: 922908363<br>LEI: 549300G6KNDK44WUN559 | Long             | EC               | RF                | US        |       572 | NS      | $324913.16    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Company                         | General Motors Company                       | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |      2545 | NS      | $125239.45    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Communications Inc.                     | Rogers Communications, Inc.                  | CUSIP: 775109200<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | EC               | CORP              | CA        |      2267 | NS      | $67222.27     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Danone SA                                      | Groupe DANONE                                | CUSIP: F12033134<br>LEI: 969500KMUQ2B6CBAF162 | Long             | EC               | CORP              | FR        |      2602 | NS      | $212573.29    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service, Inc.                    | United Parcel Service, Inc. Class B          | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |      1962 | NS      | $198044.28    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corporation                     | Northern Trust Corporation                   | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |       463 | NS      | $58703.77     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle SA                                      | Nestle S.A.                                  | CUSIP: H57312649<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |      6456 | NS      | $641450.06    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Ahold Delhaize NV                  | Koninklijke Ahold Delhaize N.V.              | CUSIP: N0074E105<br>LEI: 724500C9GNBV20UYRX36 | Long             | EC               | CORP              | NL        |      6585 | NS      | $275344.52    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins Inc                                    | Rollins, Inc.                                | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |       790 | NS      | $44571.80     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                                 | Citigroup, Inc.                              | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |      4836 | NS      | $411640.32    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corporation                    | Lockheed Martin Corporation                  | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |       544 | NS      | $251948.16    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Julius Baer Group AG                           | Julius Baer Group Ltd.                       | CUSIP: H4414N103<br>LEI: 5299007MF0604ZGJER92 | Long             | EC               | CORP              | CH        |       769 | NS      | $51990.37     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Transdigm Group Inc.                           | TransDigm Group, Inc.                        | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       147 | NS      | $223534.08    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores Inc                                | Ross Stores, Inc.                            | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |       939 | NS      | $119797.62    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Smurfit WestRock plc                           | Smurfit WestRock plc                         | CUSIP: G8267P108<br>LEI: 635400EGSEOPDW2EXS14 | Long             | EC               | CORP              | IE        |      1349 | NS      | $58209.35     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Intesa Sanpaolo S.p.A.                         | Intesa Sanpaolo SpA                          | CUSIP: T55067101<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | EC               | CORP              | IT        |     51707 | NS      | $297909.06    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Asahi Group Holdings Ltd                       | Asahi Group Holdings                         | CUSIP: J02100113<br>LEI: 353800KAJ02XNHLCJW79 | Long             | EC               | CORP              | JP        |      8000 | NS      | $107061.03    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Severn Trent PLC                               | Severn Trent plc                             | CUSIP: G8056D159<br>LEI: 213800RPBXRETY4A4C59 | Long             | EC               | CORP              | GB        |      1375 | NS      | $51598.36     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc.                                    | Zoetis, Inc.                                 | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      1245 | NS      | $194157.75    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Aena SME S.A.                                  | Aena S.M.E. SA                               | CUSIP: E526LK101<br>LEI: 959800R7QMXKF0NFMT29 | Long             | EC               | CORP              | ES        |      1851 | NS      | $49403.60     | 0.11%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Beazley PLC (UK)                               | Beazley plc                                  | CUSIP: G0936K107<br>LEI: 213800VTOMUWD41GIT12 | Long             | EC               | CORP              | GB        |      3783 | NS      | $48549.26     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc.                          | Invitation Homes, Inc.                       | CUSIP: 46187W107<br>LEI: 984500FE452E665C9F85 | Long             | EC               | CORP              | US        |      1470 | NS      | $48216.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE            | LVMH Moet Hennessy Louis Vuitton SE          | CUSIP: F58485115<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |      1038 | NS      | $543574.56    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico Inc                                    | PepsiCo, Inc.                                | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |      3661 | NS      | $483398.44    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SEGRO PLC                                      | Segro Plc                                    | CUSIP: G80277141<br>LEI: 213800XC35KGM9NFC641 | Long             | EC               | CORP              | GB        |      6093 | NS      | $56835.44     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Post Holdings Co Ltd.                    | JAPAN POST HOLDINGS CO LT                    | CUSIP: J2800D109<br>LEI: 5299003D9N4JBS256X18 | Long             | EC               | CORP              | JP        |     10337 | NS      | $95848.53     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corp.              | Bank of New York Mellon Corporation (The)    | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |      1872 | NS      | $170557.92    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group Ltd                              | Everest Group Ltd.                           | CUSIP: G3223R108<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | US        |       133 | NS      | $45200.05     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Europacific Partners PLC             | Coca-Cola Europacific Partners plc           | CUSIP: G25839104<br>LEI: 549300LTH67W4GWMRF57 | Long             | EC               | CORP              | US        |       926 | NS      | $85858.72     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK plc                                        | GlaxoSmithKline plc                          | CUSIP: G3910J179<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | US        |     19562 | NS      | $373218.13    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Spirax Group PLC                               | SPIRAX-SARCO ENGINEERING PLC                 | CUSIP: G83561129<br>LEI: 213800WFVZQMHOZP2W17 | Long             | EC               | CORP              | GB        |       567 | NS      | $46344.64     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corporation                      | Realty Income Corporation REIT               | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |      2316 | NS      | $133424.76    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Spdr S&P 500 Etf Trust                         | SPDR S&P 500 ETF Trust                       | CUSIP: 78462F103<br>LEI: 549300NZAMSJ8FXPQQ63 | Long             | EC               | RF                | US        |       526 | NS      | $324989.10    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Kenvue Inc.                                    | Kenvue, Inc.                                 | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |      5071 | NS      | $106136.03    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Amrize Ltd.                                    | Amrize Ltd.                                  | CUSIP: H2927K103<br>LEI: 529900SLCCO6K43P8146 | Long             | EC               | CORP              | CH        |      1352 | NS      | $67446.63     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Swedbank AB (publ)                             | SWEDBANK AB - A SHARES                       | CUSIP: W94232100<br>LEI: M312WZV08Y7LYUC71685 | Long             | EC               | CORP              | SE        |     10640 | NS      | $281740.64    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| DnB Bank ASA                                   | DNB Bank ASA                                 | CUSIP: R1R15X100<br>LEI: 549300GKFG0RYRRQ1414 | Long             | EC               | CORP              | NO        |      5747 | NS      | $158866.38    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Games Workshop Group PLC                       | Games Workshop Group PLC                     | CUSIP: G3715N102<br>LEI: 213800RP9QJQYGWHNT41 | Long             | EC               | CORP              | GB        |       204 | NS      | $45416.71     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| The TJX Companies Inc.                         | TJX Companies, Inc. (The)                    | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      2978 | NS      | $367753.22    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc                       | Simon Property Group, Inc. REIT              | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |       817 | NS      | $131340.92    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Svenska Handelsbanken AB                       | Svenska Handelsbanken AB                     | CUSIP: W9112U104<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | EC               | CORP              | SE        |     18144 | NS      | $242522.49    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings PLC                | Seagate Technology Holdings plc (Ireland)    | CUSIP: G7997R103<br>LEI: 635400RUXIFEZSRU8X70 | Long             | EC               | CORP              | US        |       533 | NS      | $76927.89     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                                  | iShares MSCI EAFE ETF                        | CUSIP: 464287465<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      3111 | NS      | $278092.29    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Incorporated                           | Corning, Inc.                                | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |      1983 | NS      | $104285.97    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Boerse AG                             | Deutsche Boerse AG                           | CUSIP: D1882G119<br>LEI: 529900G3SW56SHYNPR95 | Long             | EC               | CORP              | DE        |      1234 | NS      | $402467.14    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Pacific Kansas City Ltd.              | Canadian Pacific Kansas City                 | CUSIP: 13646K108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      5541 | NS      | $440071.20    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                                  | Chevron Corporation                          | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4088 | NS      | $585360.72    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Axa SA                                         | AXA S.A.                                     | CUSIP: F06106102<br>LEI: F5WCUMTUM4RKZ1MAIE39 | Long             | EC               | CORP              | FR        |      7143 | NS      | $350587.53    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Electric Corp.                      | Mitsubishi Electric Corporation              | CUSIP: J43873116<br>LEI: 549300TRXM9Y6561AX39 | Long             | EC               | CORP              | JP        |     11220 | NS      | $242348.26    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Talanx AG                                      | Talanx AG                                    | CUSIP: D82827110<br>LEI: 5299006ZIILJ6VJVSJ32 | Long             | EC               | CORP              | DE        |       402 | NS      | $52037.46     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                   | Broadcom, Inc.                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     11159 | NS      | $3075978.35   | 6.62%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems Inc.                  | FactSet Research Systems, Inc.               | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |       101 | NS      | $45175.28     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Swiss Life Holding AG                          | Swiss Life Holding AG                        | CUSIP: H8404J162<br>LEI: 5493000KUC3Z24U77V93 | Long             | EC               | CORP              | CH        |        71 | NS      | $71823.29     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Hannover Rueck SE                              | Hannover Rueck SE                            | CUSIP: D3015J135<br>LEI: 529900KIN5BE45V5KB18 | Long             | EC               | CORP              | DE        |       406 | NS      | $127777.62    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| D'Ieteren Group                                | s.a. D'Ieteren n.v.                          | CUSIP: B49343187<br>LEI: 549300DV5KJ23OKVTW34 | Long             | EC               | CORP              | BE        |       987 | NS      | $212048.06    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Real Estate Investment Corp.             | JAPAN REAL ESTATE INVESTMENT CORPORATION     | CUSIP: J27523109<br>LEI: 3538003YAIR3CBGJJ928 | Long             | EC               | CORP              | JP        |        58 | NS      | $47477.61     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Group AG                                   | UBS Group AG                                 | CUSIP: H42097107<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EC               | CORP              | CH        |      8083 | NS      | $273542.41    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Group Incorporated   | Public Service Enterprise Group, Inc.        | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |      1246 | NS      | $104888.28    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co Inc.                        | Church & Dwight Company, Inc.                | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |       664 | NS      | $63817.04     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi SA                                      | Sanofi S.A.                                  | CUSIP: F5548N101<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |      4723 | NS      | $457335.49    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercedes-Benz Group AG                         | Mercedes-Benz Group AG                       | CUSIP: D1668R123<br>LEI: 529900R27DL06UVNT076 | Long             | EC               | CORP              | DE        |      4798 | NS      | $280815.81    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                                | T-Mobile USA, Inc.                           | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      1322 | NS      | $314979.72    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC                         | Trane Technologies plc                       | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |       579 | NS      | $253260.39    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International, Inc.                   | Marriott International, Inc. Class A         | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |       617 | NS      | $168570.57    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| UniCredit S.p.A.                               | Unicredit SpA                                | CUSIP: T9T23L642<br>LEI: 549300TRUWO2CD2G5692 | Long             | EC               | CORP              | IT        |      5110 | NS      | $342532.51    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank of Canada                        | National Bank of Canada                      | CUSIP: 633067103<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | EC               | CORP              | CA        |      2337 | NS      | $241093.04    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc.                                    | Ecolab, Inc.                                 | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |       677 | NS      | $182410.88    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ING Groep N.V.                                 | ING GROEP                                    | CUSIP: N4578E595<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EC               | CORP              | NL        |     22224 | NS      | $487566.81    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Unibrew A/S                              | ROYAL UNIBREW A/S                            | CUSIP: K8390X122<br>LEI: 529900D69KFL8IAP8Q63 | Long             | EC               | CORP              | DK        |       537 | NS      | $43876.84     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Agnico Eagle Mines Ltd                         | AGNICO EAGLE MINES LTD                       | CUSIP: 008474108<br>LEI: YGE0EUBRF7IJOB3QRX76 | Long             | EC               | CORP              | CA        |      3003 | NS      | $357685.30    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Sekisui House Ltd                              | Sekisui House Ltd.                           | CUSIP: J70746136<br>LEI: 529900GMNDOYQSAJAE76 | Long             | EC               | CORP              | JP        |      3562 | NS      | $78718.64     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc.                                    | Humana, Inc.                                 | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |       300 | NS      | $73344.00     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp.                                   | Exelon Corporation                           | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |      2634 | NS      | $114368.28    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashtead Group PLC                              | Ashtead Group plc                            | CUSIP: G05320109<br>LEI: 2138007UTBN8X9K1A235 | Long             | EC               | CORP              | US        |      1912 | NS      | $122531.13    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co.                                   | Southern Company                             | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |      2859 | NS      | $262541.97    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Motor Company                             | Ford Motor Company                           | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |     10262 | NS      | $111342.70    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                                    | Novartis AG                                  | CUSIP: H5820Q150<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |      4901 | NS      | $594062.48    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| British American Tobacco PLC                   | British American Tobacco plc                 | CUSIP: G1510J102<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | US        |      8909 | NS      | $423463.64    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corporation                            | Stryker Corporation                          | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |       922 | NS      | $364770.86    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Companies, Inc.                      | Travelers Companies, Inc. (The)              | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |       585 | NS      | $156510.90    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ABB Ltd.                                       | ABB Ltd.                                     | CUSIP: H0010V101<br>LEI: 5493000LKVGOO9PELI61 | Long             | EC               | CORP              | CH        |      3984 | NS      | $237563.70    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Ireland Group PLC                      | Bank of Ireland Group PLC                    | CUSIP: G0756R109<br>LEI: 635400C8EK6DRI12LJ39 | Long             | EC               | CORP              | US        |      6396 | NS      | $91043.18     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries NV                   | LyondellBasell Industries N.V. Class A       | CUSIP: N53745100<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | US        |       763 | NS      | $44147.18     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corporation                             | Cintas Corporation                           | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       896 | NS      | $199691.52    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc.                                    | NetApp, Inc.                                 | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |       523 | NS      | $55725.65     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Metro Co Ltd                             | Tokyo Metro Company Ltd.                     | CUSIP: J8T324105<br>LEI: 35380049N9IQPZ74JY58 | Long             | EC               | CORP              | JP        |      3800 | NS      | $44258.14     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi UFJ Financial Group Inc.            | Mitsubishi UFJ Financial Group, Inc.         | CUSIP: J44497105<br>LEI: 353800V2V8PUY9TK3E06 | Long             | EC               | CORP              | JP        |     65930 | NS      | $907721.93    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                            | BBH Overnight Sweep                          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |    165149 | PA      | $165148.74    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Electric Industries Ltd.              | Sumito Electric Ind                          | CUSIP: J77411114<br>LEI: 5493005SP87FL5TOS202 | Long             | EC               | CORP              | JP        |      4263 | NS      | $91605.81     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SoftBank Corp                                  | SoftBank Corporation                         | CUSIP: J75963132<br>LEI: 353800M1YCTS9JRBJ535 | Long             | EC               | CORP              | JP        |    154436 | NS      | $239111.49    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| TC Energy Corp                                 | TC Energy Corp Com                           | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |      6345 | NS      | $309678.07    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Hoshizaki Corp.                                | Hoshizaki Corporation                        | CUSIP: J23254105<br>LEI: 5299001QAMLGU3SRBG20 | Long             | EC               | CORP              | JP        |      1200 | NS      | $41458.03     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corporation                   | General Dynamics Corporation                 | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |       645 | NS      | $188120.70    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co (The)                             | Coca-Cola Company (The)                      | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     10436 | NS      | $738347.00    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-On Incorporated                           | Snap-on, Inc.                                | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |       149 | NS      | $46365.82     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc.                           | Gilead Sciences, Inc.                        | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      3359 | NS      | $372412.33    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                 | Morgan Stanley                               | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      3198 | NS      | $450470.28    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                              | Exxon Mobil Corporation                      | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     10638 | NS      | $1146776.40   | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corporation                            | Comcast Corporation Class A                  | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     10125 | NS      | $361361.25    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Orange S.A.                                    | Orange S.A.                                  | CUSIP: F6866T100<br>LEI: 969500MCOONR8990S771 | Long             | EC               | CORP              | FR        |      7461 | NS      | $113496.84    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                      | Goldman Sachs Group, Inc. (The)              | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |       771 | NS      | $545675.25    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc                              | Omnicom Group, Inc.                          | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |       631 | NS      | $45394.14     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc                               | Merck & Company, Inc.                        | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      6691 | NS      | $529659.56    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunzl PLC                                      | Bunzl plc                                    | CUSIP: G16968110<br>LEI: 213800Q1Q9DV4L78UM09 | Long             | EC               | CORP              | GB        |      1708 | NS      | $54388.93     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc.                                      | eBay, Inc.                                   | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |      1220 | NS      | $90841.20     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Open Text Corp                                 | Open Text Corpation                          | CUSIP: 683715106<br>LEI: 549300HP7ONDQODZJV16 | Long             | EC               | CORP              | CA        |      1859 | NS      | $54305.17     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy, Inc.                               | NRG Energy, Inc.                             | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |       496 | NS      | $79647.68     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc.           | Sumitomo Mitsui Financial Group, Inc.        | CUSIP: J7771X109<br>LEI: 35380028MYWPB6AUO129 | Long             | EC               | CORP              | JP        |     21228 | NS      | $535600.58    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Danske Bank A/S                                | Danske Bank A/S                              | CUSIP: K22272114<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | EC               | CORP              | DK        |      8165 | NS      | $332990.11    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokio Marine Holdings Inc.                     | Tokio Marine Holdings, Inc.                  | CUSIP: J86298106<br>LEI: 5299009QN2NZ191KLS29 | Long             | EC               | CORP              | JP        |     10621 | NS      | $450634.81    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Paccar Inc                                     | PACCAR, Inc.                                 | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |      1425 | NS      | $135460.50    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Steel Corp.                             | NIPPON STEEL & SUMITOMO METAL CORPORATION    | CUSIP: J55678106<br>LEI: 35380065QWQ4U2V3PA33 | Long             | EC               | CORP              | JP        |      6269 | NS      | $118955.61    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc.                                     | Amgen, Inc.                                  | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      1425 | NS      | $397874.25    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| W.R. Berkley Corporation                       | Berkley (W.R.) Corporation                   | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |       777 | NS      | $57086.19     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co.                          | Colgate-Palmolive Company                    | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |      2200 | NS      | $199980.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| The Allstate Corporation                       | Allstate Corporation (The)                   | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |       689 | NS      | $138702.59    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Compagnie Generale des Etablissements Michelin | Cie Generale des Etablissements Michelin     | CUSIP: F61824870<br>LEI: 549300SOSI58J6VIW052 | Long             | EC               | CORP              | FR        |      2907 | NS      | $107993.85    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                               | Duke Energy Corporation                      | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |      2037 | NS      | $240366.00    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp                                       | CDW Corporation                              | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |       354 | NS      | $63220.86     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc                          | Dell Technologies, Inc. Class C              | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |       761 | NS      | $93298.60     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial Inc.                   | Raymond James Financial, Inc.                | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |       464 | NS      | $71163.68     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Mizuho Financial Group Inc.                    | Mizuho Financial Group, Inc.                 | CUSIP: J4599L102<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | EC               | CORP              | JP        |     13634 | NS      | $377980.71    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc.                                  | NiSource, Inc.                               | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |      1215 | NS      | $49013.10     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| The Interpublic Group of Companies, Inc.       | Interpublic Group of Companies, Inc. (The)   | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |      1854 | NS      | $45385.92     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Company, Inc.             | American Water Works Company, Inc.           | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |       502 | NS      | $69833.22     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc.                           | Delta Air Lines, Inc.                        | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |      1867 | NS      | $91819.06     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp.          | International Business Machines Corporation  | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      2328 | NS      | $686247.84    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Group                          | Royal Caribbean Group                        | CUSIP: V7780T103<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | US        |       660 | NS      | $206672.40    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA             | Banco Bilbao Vizcaya Argentaria S.A.         | CUSIP: E11805103<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EC               | CORP              | ES        |     14412 | NS      | $221612.08    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem, Inc.                                    | Xylem, Inc.                                  | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |       650 | NS      | $84084.00     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Suzuki Motor Corp.                             | Suzuki Motor Corporation                     | CUSIP: J78529138<br>LEI: 353800D83H0V3ZV1SV24 | Long             | EC               | CORP              | JP        |     10419 | NS      | $126087.04    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corporation                                | Fox Corporation - Class A Non-Voting         | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |       806 | NS      | $45168.24     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands, Inc.                     | Constellation Brands, Inc. Class A           | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |       426 | NS      | $69301.68     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                                    | Paychex, Inc.                                | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |       859 | NS      | $124950.14    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp.                               | Sony Corporation                             | CUSIP: J76379106<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |     33901 | NS      | $877947.16    | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corporation                       | Lam Research Corporation                     | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      3225 | NS      | $313921.50    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc                         | Motorola Solutions, Inc.                     | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |       442 | NS      | $185843.32    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp.                              | FirstEnergy Corporation                      | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |      1346 | NS      | $54189.96     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                                  | Medtronic plc                                | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | US        |      3446 | NS      | $300387.82    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp.                    | Capital One Financial Corporation            | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |      1684 | NS      | $358287.84    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| KDDI Corp                                      | KDDI Corporation                             | CUSIP: J31843105<br>LEI: 5299003FU7V4I45FU310 | Long             | EC               | CORP              | JP        |     15308 | NS      | $263582.86    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                           | JPMorgan Chase & Company                     | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      7085 | NS      | $2054012.35   | 4.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co                               | Genuine Parts Company                        | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |       383 | NS      | $46461.73     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordea Bank ABP                                | Nordea Bank Abp                              | CUSIP: X5S8VL105<br>LEI: 529900ODI3047E2LIV03 | Long             | EC               | CORP              | FI        |     14321 | NS      | $213145.49    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp.                                   | Lennar Corporation Class A                   | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |       657 | NS      | $72670.77     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Sydbank AS                                     | Sydbank A/S                                  | CUSIP: K9419V113<br>LEI: GP5DT10VX1QRQUKVBK64 | Long             | EC               | CORP              | DK        |       666 | NS      | $49401.25     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Mitsui Trust Group Inc.               | Sumitomo Mitsui Trust Holdings, Inc.         | CUSIP: J7772M102<br>LEI: 353800P843RLCDBLNT17 | Long             | EC               | CORP              | JP        |      3800 | NS      | $101285.84    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Hexagon AB                                     | Hexagon AB B-Shares                          | CUSIP: W4R431112<br>LEI: 549300WJFW6ILNI4TA80 | Long             | EC               | CORP              | SE        |     23171 | NS      | $233076.96    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corporation                                | LKQ Corporation                              | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |      1200 | NS      | $44412.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| The Estee Lauder Companies Inc.                | Estee Lauder Companies, Inc. (The) Class A   | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |       581 | NS      | $46944.80     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co.                         | Southwest Airlines Company                   | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |      1629 | NS      | $52844.76     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd.                                     | Chubb Ltd.                                   | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | US        |       982 | NS      | $284505.04    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Chartered PLC                         | Standard Chartered plc                       | CUSIP: G84228157<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | EC               | CORP              | GB        |      8877 | NS      | $147064.61    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Holdings PLC                              | HSBC HOLDINGS PLC                            | CUSIP: G4634U169<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | EC               | CORP              | GB        |     80280 | NS      | $971655.10    | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesco PLC                                      | Tesco plc                                    | CUSIP: G8T67X102<br>LEI: 2138002P5RNKC5W2JZ46 | Long             | EC               | CORP              | US        |     30346 | NS      | $167149.58    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co.                 | Hewlett Packard Enterprise Company           | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |      3558 | NS      | $72761.10     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Nova Scotia                            | Bank of Nova Scotia (The)                    | CUSIP: 064149107<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | EC               | CORP              | CA        |      7408 | NS      | $409528.16    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc.                                | Home Depot, Inc. (The)                       | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      2722 | NS      | $997994.08    | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Legal & General Group PLC                      | Legal & General Group plc                    | CUSIP: G54404127<br>LEI: 213800JH9QQWHLO99821 | Long             | EC               | CORP              | GB        |     26703 | NS      | $93315.36     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Panasonic Holdings Corp.                       | Panasonic Corporation                        | CUSIP: J6354Y104<br>LEI: 254900GE1G59KGWPHX32 | Long             | EC               | CORP              | JP        |     12500 | NS      | $134997.92    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Magna International Inc                        | Magna International, Inc.                    | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |      1560 | NS      | $60287.64     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Holcim AG                                      | Lafarge Holcim - Reclaim                     | CUSIP: H3816Q102<br>LEI: 529900EHPFPYHV6IQO98 | Long             | EC               | CORP              | CH        |      2210 | NS      | $164064.78    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Thomson Reuters Corp                           | Thomson Reuters Corporation                  | CUSIP: 884903808<br>LEI: 549300561UZND4C7B569 | Long             | EC               | CORP              | CA        |       791 | NS      | $159023.46    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                            | Cisco Systems, Inc.                          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     10158 | NS      | $704762.04    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                                | CVS Health Corporation                       | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      3153 | NS      | $217493.94    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Santander, S.A.                          | Banco Santander S.A.                         | CUSIP: E19790109<br>LEI: 5493006QMFDDMYWIAM13 | Long             | EC               | CORP              | ES        |     37660 | NS      | $311704.15    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger Limited                           | Schlumberger Ltd.                            | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |      3562 | NS      | $120395.60    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                  | Accenture plc Class A                        | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |      1679 | NS      | $501836.31    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                                    | Walmart, Inc.                                | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     11484 | NS      | $1122905.52   | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International Of Washington Inc.    | Expeditors International of Washington, Inc. | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |       393 | NS      | $44900.25     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                                 | BNP Paribas                                  | CUSIP: F1058Q238<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EC               | CORP              | FR        |      4096 | NS      | $368205.80    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Vici Properties Inc                            | Vici Properties, Inc                         | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |      2744 | NS      | $89454.40     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| The Cigna Group                                | Cigna Group (The)                            | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |       695 | NS      | $229753.10    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens AG                                     | Siemens AG                                   | CUSIP: D69671218<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |      5119 | NS      | $1312309.01   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-27

**Name of Applicant:** New Age Alpha Funds Trust

**Signature:** Keith D. Kemp

**Name of Signer:** Keith D. Kemp

**Title:** President