# EDGAR Filing Document

**Accession Number:** 0000831016
**File Stem:** 0000035402-26-003452
**Filing Date:** 2026-5
**Character Count:** 40765
**Document Hash:** ff5d491776da0c99ca4c174f97a63285
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-26-003452.hdr.sgml**: 20260526

**ACCESSION NUMBER**: 0000035402-26-003452

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260526

**DATE AS OF CHANGE**: 20260526

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VARIABLE INSURANCE PRODUCTS FUND II
- **CENTRAL INDEX KEY:** 0000831016

**ORGANIZATION NAME:**
- **EIN:** 042708937
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05511
- **FILM NUMBER:** 261017591

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

## Series and Classes Contracts Data

### Emerging Markets Portfolio (Series ID: S000039296)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000121072 | Initial Class   |  |
| C000121074 | Investor Class  |  |
| C000121075 | Service Class   |  |
| C000121076 | Service Class 2 |  |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity® Variable Insurance Products:**

**VIP Emerging Markets Portfolio**

**March 31, 2026**

VIPEM-NPRT1-0526

1.864819.118 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks - 97.7%** | &nbsp;&nbsp;**Common Stocks - 97.7%** | &nbsp;&nbsp;**Common Stocks - 97.7%** |
|  | Shares | Value ($)<br>|
| AUSTRALIA - 2.1%  |  |  |
| Materials - 2.1% |  |  |
| Metals & Mining - 2.1% |  |  |
| Anglogold Ashanti Plc  | 326800 | 31817248 |
| BRAZIL - 2.4%  |  |  |
| Financials - 1.2% |  |  |
| Banks - 1.2% |  |  |
| Itau Unibanco Holding SA  | 2111217 | 17721694 |
| Materials - 1.2% |  |  |
| Metals & Mining - 1.2% |  |  |
| Vale SA ADR  | 1164100 | 18520831 |
| TOTAL BRAZIL |  | 36242525 |
| CHILE - 1.4%  |  |  |
| Materials - 1.4% |  |  |
| Metals & Mining - 1.4% |  |  |
| Antofagasta PLC  | 466900 | 20937887 |
| CHINA - 26.7%  |  |  |
| Communication Services - 5.6% |  |  |
| Interactive Media & Services - 5.6% |  |  |
| Tencent Holdings Ltd  | 1318505 | 83161250 |
| Consumer Discretionary - 6.0% |  |  |
| Automobiles - 2.2% |  |  |
| BYD Co Ltd H Shares  | 2398000 | 32783867 |
| Broadline Retail - 2.3% |  |  |
| Alibaba Group Holding Ltd ADR  | 142200 | 17840413 |
| PDD Holdings Inc Class A ADR (b) | 152900 | 15623322 |
|  |  | 33463735 |
| Hotels, Restaurants & Leisure - 0.4% |  |  |
| Shangri-La Asia Ltd  | 10676000 | 6029416 |
| Household Durables - 1.1% |  |  |
| Haier Smart Home Co Ltd A Shares (China)  | 5442497 | 17040766 |
| TOTAL CONSUMER DISCRETIONARY |  | 89317784 |
| Energy - 1.4% |  |  |
| Oil, Gas & Consumable Fuels - 1.4% |  |  |
| China Petroleum & Chemical Corp H Shares  | 37694000 | 21667623 |
| Financials - 4.9% |  |  |
| Banks - 2.2% |  |  |
| China Construction Bank Corp H Shares  | 30798000 | 33237645 |
| Insurance - 2.7% |  |  |
| China Life Insurance Co Ltd H Shares  | 8754863 | 27930051 |
| PICC Property & Casualty Co Ltd H Shares  | 6727244 | 12383363 |
|  |  | 40313414 |
| TOTAL FINANCIALS |  | 73551059 |
| Health Care - 2.8% |  |  |
| Life Sciences Tools & Services - 1.2% |  |  |
| Wuxi Apptec Co Ltd H Shares (c)(d) | 1196100 | 18318803 |
| Pharmaceuticals - 1.6% |  |  |
| Hansoh Pharmaceutical Group Co Ltd (c)(d) | 5194000 | 23775253 |
| TOTAL HEALTH CARE |  | 42094056 |
| Industrials - 4.5% |  |  |
| Electrical Equipment - 1.7% |  |  |
| Contemporary Amperex Technology Co Ltd A Shares (China)  | 430881 | 25527528 |
| Machinery - 2.8% |  |  |
| Sany Heavy Industry Co Ltd A Shares (China)  | 5089300 | 14313975 |
| Shenzhen Inovance Technology Co Ltd A Shares (China)  | 2739235 | 26870543 |
|  |  | 41184518 |
| TOTAL INDUSTRIALS |  | 66712046 |
| Materials - 1.5% |  |  |
| Metals & Mining - 1.5% |  |  |
| Zijin Mining Group Co Ltd A Shares (China)  | 4597166 | 22355764 |
| TOTAL CHINA |  | 398859582 |
| GREECE - 3.2%  |  |  |
| Financials - 3.2% |  |  |
| Banks - 3.2% |  |  |
| Eurobank SA  | 4784600 | 19157701 |
| National Bank of Greece SA  | 1845400 | 28507526 |
| TOTAL GREECE |  | 47665227 |
| HUNGARY - 3.1%  |  |  |
| Financials - 1.5% |  |  |
| Banks - 1.5% |  |  |
| OTP Bank Nyrt  | 217600 | 23175307 |
| Health Care - 1.6% |  |  |
| Pharmaceuticals - 1.6% |  |  |
| Richter Gedeon Nyrt  | 653941 | 23281358 |
| TOTAL HUNGARY |  | 46456665 |
| INDIA - 7.7%  |  |  |
| Financials - 3.3% |  |  |
| Banks - 3.3% |  |  |
| ICICI Bank Ltd  | 1670200 | 21762636 |
| State Bank of India  | 2468100 | 26126622 |
| TOTAL FINANCIALS |  | 47889258 |
| Industrials - 2.1% |  |  |
| Construction & Engineering - 2.1% |  |  |
| Larsen & Toubro Ltd  | 850908 | 32109726 |
| Information Technology - 1.4% |  |  |
| IT Services - 1.4% |  |  |
| Tata Consultancy Services Ltd  | 834900 | 21338922 |
| Materials - 0.9% |  |  |
| Construction Materials - 0.9% |  |  |
| JK Cement Ltd  | 249500 | 13718156 |
| TOTAL INDIA |  | 115056062 |
| INDONESIA - 1.7%  |  |  |
| Financials - 1.7% |  |  |
| Banks - 1.7% |  |  |
| Bank Central Asia Tbk PT  | 66956300 | 25863947 |
| JAPAN - 1.4%  |  |  |
| Industrials - 1.4% |  |  |
| Machinery - 1.4% |  |  |
| Komatsu Ltd  | 516700 | 20575293 |
| KOREA (SOUTH) - 11.3%  |  |  |
| Consumer Discretionary - 0.9% |  |  |
| Automobile Components - 0.9% |  |  |
| Hyundai Mobis Co Ltd  | 55500 | 14579706 |
| Industrials - 1.8% |  |  |
| Aerospace & Defense - 1.8% |  |  |
| Korea Aerospace Industries Ltd  | 231920 | 26692828 |
| Information Technology - 8.6% |  |  |
| Technology Hardware, Storage & Peripherals - 8.6% |  |  |
| Samsung Electronics Co Ltd  | 1080420 | 128658098 |
| TOTAL KOREA (SOUTH) |  | 169930632 |
| MALAYSIA - 1.4%  |  |  |
| Financials - 1.4% |  |  |
| Banks - 1.4% |  |  |
| CIMB Group Holdings Bhd  | 11410700 | 21404393 |
| MEXICO - 5.4%  |  |  |
| Communication Services - 2.3% |  |  |
| Wireless Telecommunication Services - 2.3% |  |  |
| America Movil SAB de CV ADR  | 1331600 | 33929168 |
| Consumer Staples - 2.3% |  |  |
| Beverages - 1.2% |  |  |
| Fomento Economico Mexicano SAB de CV ADR  | 161180 | 17900651 |
| Consumer Staples Distribution & Retail - 1.1% |  |  |
| Wal-Mart de Mexico SAB de CV Series V  | 4898100 | 15905229 |
| TOTAL CONSUMER STAPLES |  | 33805880 |
| Financials - 0.8% |  |  |
| Banks - 0.8% |  |  |
| Grupo Financiero Banorte SAB de CV  | 1179668 | 13083435 |
| TOTAL MEXICO |  | 80818483 |
| PERU - 2.8%  |  |  |
| Financials - 2.8% |  |  |
| Banks - 2.8% |  |  |
| Credicorp Ltd  | 123500 | 41888730 |
| RUSSIA - 0.0%  |  |  |
| Energy - 0.0% |  |  |
| Oil, Gas & Consumable Fuels - 0.0% |  |  |
| LUKOIL PJSC ADR (b)(e) | 437463 | 4 |
| Financials - 0.0% |  |  |
| Banks - 0.0% |  |  |
| Sberbank of Russia PJSC ADR (b)(e) | 1813510 | 19 |
| TOTAL RUSSIA |  | 23 |
| SOUTH AFRICA - 3.5%  |  |  |
| Communication Services - 1.5% |  |  |
| Wireless Telecommunication Services - 1.5% |  |  |
| MTN Group Ltd  | 1908419 | 22283963 |
| Financials - 1.0% |  |  |
| Financial Services - 1.0% |  |  |
| FirstRand Ltd (a) | 2913000 | 14912553 |
| Materials - 1.0% |  |  |
| Metals & Mining - 1.0% |  |  |
| Impala Platinum Holdings Ltd  | 1068916 | 15202097 |
| TOTAL SOUTH AFRICA |  | 52398613 |
| TAIWAN - 18.2%  |  |  |
| Consumer Discretionary - 0.8% |  |  |
| Textiles, Apparel & Luxury Goods - 0.8% |  |  |
| Eclat Textile Co Ltd  | 1204000 | 12620567 |
| Industrials - 0.8% |  |  |
| Machinery - 0.8% |  |  |
| Hiwin Technologies Corp  | 1578967 | 11683076 |
| Information Technology - 16.6% |  |  |
| Electronic Equipment, Instruments & Components - 3.0% |  |  |
| Delta Electronics Inc  | 512000 | 23119536 |
| Yageo Corp  | 2812204 | 22255272 |
|  |  | 45374808 |
| Semiconductors & Semiconductor Equipment - 13.6% |  |  |
| eMemory Technology Inc  | 100897 | 8603357 |
| MediaTek Inc  | 990000 | 47553945 |
| Taiwan Semiconductor Manufacturing Co Ltd  | 2514175 | 145615636 |
|  |  | 201772938 |
| TOTAL INFORMATION TECHNOLOGY |  | 247147746 |
| TOTAL TAIWAN |  | 271451389 |
| TURKEY - 2.5%  |  |  |
| Financials - 0.8% |  |  |
| Banks - 0.8% |  |  |
| Yapi ve Kredi Bankasi AS (b) | 16325000 | 12129735 |
| Industrials - 1.7% |  |  |
| Electrical Equipment - 1.7% |  |  |
| Astor Transformator Enerji Turizm Insaat Ve Petrol Sanayi Ticaret AS  | 5850770 | 25672532 |
| TOTAL TURKEY |  | 37802267 |
| UNITED ARAB EMIRATES - 1.7%  |  |  |
| Energy - 1.7% |  |  |
| Oil, Gas & Consumable Fuels - 1.7% |  |  |
| Adnoc Gas PLC  | 30049163 | 26177367 |
| UNITED STATES - 1.2%  |  |  |
| Energy - 1.2% |  |  |
| Energy Equipment & Services - 1.2% |  |  |
| Tenaris SA ADR (a) | 319800 | 18605964 |
| <br> **TOTAL COMMON STOCKS**<br> (Cost $1,033,693,495) |  | <br> **1463952297** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**International Equity Funds - 1.4%** | &nbsp;&nbsp;**International Equity Funds - 1.4%** | &nbsp;&nbsp;**International Equity Funds - 1.4%** |
|  | Shares | Value ($)<br>|
| iShares MSCI Saudi Arabia ETF (a)<br>(Cost $20,053,213)<br>| 540198 | **21472870** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 2.6%** | &nbsp;&nbsp;**Money Market Funds - 2.6%** | &nbsp;&nbsp;**Money Market Funds - 2.6%** | &nbsp;&nbsp;**Money Market Funds - 2.6%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (f) | 3.69 | 9632300 | 9634226 |
| Fidelity Securities Lending Cash Central Fund (f)(g) | 3.69 | 28966074 | 28968971 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $38,603,197) |  |  | **38603197** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 101.7%**<br> (Cost $1,092,349,905)<br>| <br>**1524028364** |
| **NET OTHER ASSETS (LIABILITIES) - (1.7)%**  | **(26173720)** |
| **NET ASSETS - 100.0%** | **1497854644** |

---

**Security Type Abbreviations**

ETF - EXCHANGE-TRADED FUND

**Legend**

(a) Security or a portion of the security is on loan at period end.

(b) Non-income producing.

(c) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $42,094,056 or 2.8% of net assets.

(d) Security exempt from registration under Regulation S of the Securities Act of 1933 and may be resold to qualified foreign investors outside of the United States. At the end of the period, the value of securities amounted to $42,094,056 or 2.8% of net assets.

(e) Level 3 security.

(f) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

(g) Investment made with cash collateral received from securities on loan.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 17155506 | 154365410 | 161886690 | 319899 | (405) | 405 | 9634226 | 9632300 | 0.0% |
| Fidelity Securities Lending Cash Central Fund | 1328066 | 124974440 | 97333535 | 42816 | (45) | 45 | 28968971 | 28966074 | 0.1% |
| Total | 18483572 | 279339850 | 259220225 | 362715 | (450) | 450 | 38603197 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.

Amounts in the dividend income column for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium income received for lending certain types of securities.

**Investment Valuation**

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.

The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - Unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value investments by major category are as follows:

Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.

Exchange-Traded Funds (ETFs) and Exchange-Traded Notes (ETNs) are valued at their last sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day but the exchange reports a closing bid level, ETFs and ETNs are valued at the closing bid and would be categorized as Level 1 in the hierarchy. In the event there was no closing bid, ETFs and ETNs may be valued by another method that the Board believes reflects fair value in accordance with the Board's fair value pricing policies and may be categorized as Level 2 in the hierarchy.

Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

*The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.*

*Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Variable Insurance Products Fund II

- **b. Investment Company Act file number:** 811-05511

- **c. CIK number of Registrant:** 0000831016

- **d. LEI of Registrant:** D8TUF5IXYLDDLCD6AV58

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

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

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

- **a. Name of Series:** VIP Emerging Markets Portfolio

- **b. EDGAR series identifier (if any):** S000039296

- **c. LEI of Series:** 549300EHIR2LJPJ21P04

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $1507699298.88

**Total Liabilities:** $32605392.52

**Net Assets:** $1475093906.36

**Cash Not Reported:** $759685.68

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000121072 | 10.68%               | 5.02%                | -10.27%              |
| Class ID C000121074 | 10.69%               | 4.99%                | -10.29%              |
| Class ID C000121075 | 10.66%               | 5.01%                | -10.25%              |
| Class ID C000121076 | 10.66%               | 5.01%                | -10.31%              |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $26814683.47             | $118870626.20                              |
| Month 2  | $19910711.64             | $57352389.48                               |
| Month 3  | $8279414.44              | $-182095827.90                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| PICC PPTY and CAS CO LTD                            | PICC PROPERTY and CASUALTY CO H                | CUSIP: N/A<br>LEI: 300300F1000311000017       | Long             | EC               | CORP              | CN        |   6727244 | NS      | $12383363.45  | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING LTD                           | ALIBABA GROUP HOLDING LTD SPON ADR             | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |    139800 | NS      | $17539308.00  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA LIFE INSURANCE CO LTD                         | CHINA LIFE INS CO LTD H                        | CUSIP: N/A<br>LEI: 549300J6TFLDXGH6S048       | Long             | EC               | CORP              | CN        |   8606863 | NS      | $27457896.09  | 1.86%             |  |  |  | No            |                  2 | On Loan: No      |
| ZIJIN MINING GROUP CO LIMITED                       | ZIJIN MINING GROUP CO LTD A                    | CUSIP: N/A<br>LEI: 529900ABI5CBFXD01Q05       | Long             | EC               | CORP              | CN        |   4519366 | NS      | $21977426.80  | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| SANY HEAVY INDUSTRY CO LTD                          | SANY HEAVY INDUSTRY CO LTD A                   | CUSIP: N/A<br>LEI: 3003001FS86S7NYOHV89       | Long             | EC               | CORP              | CN        |   4982900 | NS      | $14014718.67  | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| ANTOFAGASTA PLC                                     | ANTOFAGASTA PLC                                | CUSIP: N/A<br>LEI: 213800MY6QVH4FVLD628       | Long             | EC               | CORP              | GB        |    459000 | NS      | $20583615.43  | 1.40%             |  |  |  | No            |                  2 | On Loan: No      |
| CHINA CONSTRUCTION BANK CORP                        | CHINA CONSTRUCTION BANK CORP H                 | CUSIP: N/A<br>LEI: 5493001KQW6DM7KEDR62       | Long             | EC               | CORP              | CN        |  30277000 | NS      | $32675374.80  | 2.22%             |  |  |  | No            |                  2 | On Loan: No      |
| CIMB GROUP HOLDINGS BERHAD                          | CIMB GROUP HOLDINGS BERHAD                     | CUSIP: N/A<br>LEI: 549300FYDN5UD7USZW18       | Long             | EC               | CORP              | MY        |  11217600 | NS      | $21042173.00  | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| ECLAT TEXTILE CO LTD                                | ECLAT TEXTILE CO LTD                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |   1211000 | NS      | $12693942.01  | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| TENCENT HLDGS LTD                                   | TENCENT HOLDINGS LTD                           | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | KY        |   1296205 | NS      | $81754735.76  | 5.54%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK CENTRAL ASIA TBK PT                            | BANK CENTRAL ASIA                              | CUSIP: N/A<br>LEI: 254900BR956G2OHVOM21       | Long             | EC               | CORP              | ID        |  65823500 | NS      | $25426368.04  | 1.72%             |  |  |  | No            |                  2 | On Loan: No      |
| JK CEMENT LTD                                       | JK CEMENT LTD                                  | CUSIP: N/A<br>LEI: 335800IECEF3EIDGF809       | Long             | EC               | CORP              | IN        |    249500 | NS      | $13718156.90  | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| TATA CONSULTANCY SERVICES LTD                       | TATA CONSULTANCY SERVICES LTD                  | CUSIP: N/A<br>LEI: 335800ZJKU9GPQRE2U66       | Long             | EC               | CORP              | IN        |    834900 | NS      | $21338921.90  | 1.45%             |  |  |  | No            |                  2 | On Loan: No      |
| BYD CO LTD                                          | BYD COMPANY LTD H                              | CUSIP: N/A<br>LEI: 5299005557VL7ULJ7A69       | Long             | EC               | CORP              | CN        |   2357400 | NS      | $32228811.05  | 2.18%             |  |  |  | No            |                  2 | On Loan: No      |
| CHINA PETROLEUM and CHEM CORP                       | CHINA PETROL and CHEM CORP H                   | CUSIP: N/A<br>LEI: 529900A2OB24EZ5B3J19       | Long             | EC               | CORP              | CN        |  37056000 | NS      | $21300881.36  | 1.44%             |  |  |  | No            |                  2 | On Loan: No      |
| HAIER SMART HOME CO LTD                             | HAIER SMART HOME CO LTD                        | CUSIP: N/A<br>LEI: 3003002BYTNGNJTWSH07       | Long             | EC               | CORP              | CN        |   5349497 | NS      | $16749577.51  | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| HIWIN TECHNOLOGIES CORP                             | HIWIN TECHNOLOGIES CORP                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |   1578967 | NS      | $11683076.66  | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| CREDICORP LTD                                       | CREDICORP LTD                                  | CUSIP: N/A<br>LEI: 529900UYAEYQCQ2BKB17       | Long             | EC               | CORP              | BM        |    121400 | NS      | $41176452.00  | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| DELTA ELECTRONICS INC                               | DELTA ELECTRONICS IND CO LTD                   | CUSIP: N/A<br>LEI: 529900UVZWNWGDLJSM52       | Long             | EC               | CORP              | TW        |    503000 | NS      | $22713137.50  | 1.54%             |  |  |  | No            |                  2 | On Loan: No      |
| EMEMORY TECHNOLOGY INC                              | EMEMORY TECHNOLOGY INC                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     80000 | NS      | $6821497.01   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Revere Street Trust                        | Fidelity Cash Central Fund                     | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   9632300 | NS      | $9634226.33   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                        | Fidelity Securities Lending Cash Central Fund  | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  30666809 | NS      | $30669875.48  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRSTRAND LIMITED                                   | FIRSTRAND LIMITED                              | CUSIP: N/A<br>LEI: 529900XYOP8CUZU7R671       | Long             | EC               | CORP              | ZA        |   2855100 | NS      | $14616146.16  | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| FOMENTO ECONOMICO MEXICANO SAB DE CV                | FOMENTO ECONO MEX(FEMSA)SP ADR                 | CUSIP: 344419106<br>LEI: 549300A8MDWDJNMLV153 | Long             | EC               | CORP              | MX        |    161180 | NS      | $17900650.80  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| GRUPO FINANCIERO BANORTE SAB DE CV                  | GRUPO FINANCIERO BANORTE SAB                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |   1179668 | NS      | $13083434.97  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| HYUNDAI MOBIS CO LTD                                | HYUNDAI MOBIS                                  | CUSIP: N/A<br>LEI: 988400HJA9E0ZVDHRS65       | Long             | EC               | CORP              | KR        |     54390 | NS      | $14288112.21  | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| KOREA AEROSPACE INDUSTRIES LTD                      | KOREA AEROSPACE INDUSTRIES LTD                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    227990 | NS      | $26240505.11  | 1.78%             |  |  |  | No            |                  2 | On Loan: No      |
| IMPALA PLATINUM HOLDINGS LTD                        | IMPALA PLATINUM HOLDINGS LTD                   | CUSIP: N/A<br>LEI: 254900BZFIFB4PD2Z778       | Long             | EC               | CORP              | ZA        |   1046016 | NS      | $14876413.33  | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Old Name : iShares Ultra Short-Term Bond Active ETF | iShares MSCI Saudi Arabia ETF                  | CUSIP: 46434V423<br>LEI: 549300G3FWQPUM47D181 | Long             | EC               | RF                | US        |    530998 | NS      | $21107170.50  | 1.43%             |  |  |  | No            |                  1 | On Loan: —       |
| ITAU UNIBANCO HOLDING SA                            | ITAU UNIBANCO HOLDING SA                       | CUSIP: N/A<br>LEI: 5493002W2IVG62O3ZJ94       | Long             | EC               | CORP              | BR        |   2074517 | NS      | $17413631.51  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI BANK LTD                                      | ICICI BANK LTD (DEMAT)                         | CUSIP: N/A<br>LEI: R7RX8ER1V4666J8D1I38       | Long             | EC               | CORP              | IN        |   1670200 | NS      | $21762636.14  | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| RICHTER GEDEON NYRT                                 | RICHTER GEDEON NYRT                            | CUSIP: N/A<br>LEI: 549300J6ZJW5IH4WEE46       | Long             | EC               | CORP              | HU        |    642841 | NS      | $22886180.03  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| KOMATSU LTD                                         | KOMATSU LTD                                    | CUSIP: N/A<br>LEI: 5493004LQ0B4T7QPQV17       | Long             | EC               | CORP              | JP        |    507900 | NS      | $20224871.89  | 1.37%             |  |  |  | No            |                  2 | On Loan: No      |
| LARSEN and TOUBRO LTD                               | LARSEN and TOUBRO LTD                          | CUSIP: N/A<br>LEI: 3358003FR3JIC5FRXA90       | Long             | EC               | CORP              | IN        |    850908 | NS      | $32109726.12  | 2.18%             |  |  |  | No            |                  2 | On Loan: No      |
| MEDIATEK INC                                        | MEDIA TEK INC                                  | CUSIP: N/A<br>LEI: 254900UEGBK1I4DM4E14       | Long             | EC               | CORP              | TW        |    973000 | NS      | $46737362.28  | 3.17%             |  |  |  | No            |                  2 | On Loan: No      |
| MTN GROUP LTD                                       | MTN GROUP LTD                                  | CUSIP: N/A<br>LEI: 2549009JD6Q6XHZS5E05       | Long             | EC               | CORP              | ZA        |   1908419 | NS      | $22283962.63  | 1.51%             |  |  |  | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF GREECE SA                          | NATIONAL BANK OF GREECE SA                     | CUSIP: N/A<br>LEI: 5UMCZOEYKCVFAW8ZLO05       | Long             | EC               | CORP              | GR        |   1814200 | NS      | $28025551.58  | 1.90%             |  |  |  | No            |                  2 | On Loan: No      |
| OTP BANK PLC                                        | OTP BANK (REG)                                 | CUSIP: N/A<br>LEI: 529900W3MOO00A18X956       | Long             | EC               | CORP              | HU        |    213900 | NS      | $22781241.13  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| LUKOIL PJSC                                         | LUKOIL PJSC SPONS ADR                          | CUSIP: 69343P105<br>LEI: 549300LCJ1UJXHYBWI24 | Long             | EC               | CORP              | RU        |    437463 | NS      | $4.37         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| SAMSUNG ELECTRONICS CO LTD                          | SAMSUNG ELECTRONICS CO LTD                     | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |   1062140 | NS      | $126481286.76 | 8.57%             |  |  |  | No            |                  2 | On Loan: No      |
| SBERBANK OF RUSSIA PJSC                             | SBERBANK SPONSORED ADR                         | CUSIP: 80585Y308<br>LEI: 549300WE6TAF5EEWQS81 | Long             | EC               | CORP              | RU        |   1813510 | NS      | $18.14        | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| SHANGRI LA ASIA LTD                                 | SHANGRI-LA ASIA LTD                            | CUSIP: N/A<br>LEI: 529900FVJ8C1OTM8OL03       | Long             | EC               | CORP              | BM        |  10686000 | NS      | $6035063.37   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| STATE BANK OF INDIA                                 | STATE BANK OF INDIA (DEMAT) DEMATERIALIZED SHS | CUSIP: N/A<br>LEI: 5493001JZ37UBBZF6L49       | Long             | EC               | CORP              | IN        |   2468100 | NS      | $26126621.38  | 1.77%             |  |  |  | No            |                  2 | On Loan: No      |
| TENARIS SA                                          | TENARIS SA SPON ADR                            | CUSIP: 88031M109<br>LEI: 549300Y7C05BKC4HZB40 | Long             | EC               | CORP              | LU        |    314400 | NS      | $18291792.00  | 1.24%             |  |  |  | No            |                  1 | On Loan: —       |
| VALE SA                                             | VALE SA ADR                                    | CUSIP: 91912E105<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |   1144400 | NS      | $18207404.00  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| WAL MART DE MEXICO SAB DE CV                        | WAL MART DE MEXICO SAB DE CV V                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |   4807300 | NS      | $15610381.07  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MFG CO LTD                     | TAIWAN SEMICONDUCTOR MFG CO LTD                | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |   2472175 | NS      | $143183085.34 | 9.71%             |  |  |  | No            |                  2 | On Loan: No      |
| YAGEO CORP                                          | YAGEO CORP                                     | CUSIP: N/A<br>LEI: 5493001P0TOZH7GGNQ21       | Long             | EC               | CORP              | TW        |   2764204 | NS      | $21875409.16  | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| YAPI VE KREDI BANKASI                               | YAPI VE KREDI BANKASI                          | CUSIP: N/A<br>LEI: B85ZYWEZ5IZCZ2WNIO12       | Long             | EC               | CORP              | TR        |  16325000 | NS      | $12129735.26  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| SHENZHEN INOVANCE TECHNOLOGY CO LTD                 | SHENZHEN INOVANCE TECHNOLOGY CO LTD A          | CUSIP: N/A<br>LEI: 836800KA53998FUTIA85       | Long             | EC               | CORP              | CN        |   2692835 | NS      | $26415381.17  | 1.79%             |  |  |  | No            |                  2 | On Loan: No      |
| PDD HOLDINGS INC                                    | PDD HOLDINGS INC ADR                           | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | KY        |    149900 | NS      | $15316782.00  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| WUXI APPTEC CO LTD                                  | WUXI APPTEC CO LTD H                           | CUSIP: N/A<br>LEI: 254900OEPQLZSPLN9175       | Long             | EC               | CORP              | CN        |   1175900 | NS      | $18009431.05  | 1.22%             |  |  |  | No            |                  2 | On Loan: No      |
| CONTEMPORARY AMPEREX TECHNOLOGY CO LTD              | CONTEMPORARY AMPEREX TECHNOLOGY CO LTD A       | CUSIP: N/A<br>LEI: 300300KINDY1K0E9I032       | Long             | EC               | CORP              | CN        |    423581 | NS      | $25095040.40  | 1.70%             |  |  |  | No            |                  2 | On Loan: No      |
| HANSOH PHARMACEUTICAL GROUP CO LTD                  | HANSOH PHARMACETICAL GROUP                     | CUSIP: N/A<br>LEI: 254900Q6MR00EBXTPF42       | Long             | EC               | CORP              | KY        |   5106000 | NS      | $23372438.17  | 1.58%             |  |  |  | No            |                  2 | On Loan: No      |
| ADNOC GAS PLC                                       | ADNOC GAS PLC                                  | CUSIP: N/A<br>LEI: 254900O5NS03BDOOM362       | Long             | EC               | CORP              | AE        |  29540763 | NS      | $25734473.53  | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICA MOVIL SAB DE CV                             | AMERICA MOVIL SAB DE CV SPON ADR               | CUSIP: 02390A101<br>LEI: 5493000FNR3UCEAONM59 | Long             | EC               | CORP              | MX        |   1309100 | NS      | $33355868.00  | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ASTOR TRANSFORMATOR ENERJI T                        | ASTOR TRANSFORMATOR ENERJI T                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TR        |   5850770 | NS      | $25672531.81  | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| ANGLOGOLD ASHANTI PLC                               | ANGLOGOLD ASHANTI PLC                          | CUSIP: N/A<br>LEI: 2138005YDSA7A82RNU96       | Long             | EC               | CORP              | GB        |    321200 | NS      | $31272032.00  | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| EUROBANK SA                                         | EUROBANK SA                                    | CUSIP: N/A<br>LEI: 213800KGF4EFNUQKAT69       | Long             | EC               | CORP              | GR        |   4703700 | NS      | $18833775.20  | 1.28%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** Stacie M. Smith

**Signature:** Stacie M. Smith

**Name of Signer:** Stacie M. Smith

**Title:** President and Treasurer