# EDGAR Filing Document

**Accession Number:** 0000861929
**File Stem:** 0001133228-25-007181
**Filing Date:** 2025-7
**Character Count:** 6106967
**Document Hash:** 42b7dd4fd33aac6a224b2d4989bce6aa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001133228-25-007181.hdr.sgml**: 20250708

**ACCESSION NUMBER**: 0001133228-25-007181

**CONFORMED SUBMISSION TYPE**: N-CSRS

**PUBLIC DOCUMENT COUNT**: 30

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250708

**DATE AS OF CHANGE**: 20250708

**EFFECTIVENESS DATE**: 20250708

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DIMENSIONAL INVESTMENT GROUP INC
- **CENTRAL INDEX KEY:** 0000861929

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** N-CSRS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06067
- **FILM NUMBER:** 251110109

**BUSINESS ADDRESS:**
- **STREET 1:** 6300 BEE CAVE ROAD
- **STREET 2:** BUILDING ONE
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78746
- **BUSINESS PHONE:** (512) 306-7400

**MAIL ADDRESS:**
- **STREET 1:** 6300 BEE CAVE ROAD
- **STREET 2:** BUILDING ONE
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78746

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DIMENSIONAL INVESTMENT GROUP INC/
- **DATE OF NAME CHANGE:** 19930712

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DIMENSIONAL INVESTMENT GROUP INC
- **DATE OF NAME CHANGE:** 19930712

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DFA US LARGE CAP INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### DFA TWO-YEAR GOVERNMENT PORTFOLIO (Series ID: S000001010)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000002761 | DFA TWO-YEAR GOVERNMENT PORTFOLIO | DFYGX           |

### U.S. LARGE COMPANY PORTFOLIO (Series ID: S000001014)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000002765 | U.S. LARGE COMPANY PORTFOLIO | DFUSX           |

### GLOBAL EQUITY PORTFOLIO (Series ID: S000001016)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000002768 | GLOBAL EQUITY PORTFOLIO - INSTITUTIONAL CLASS | DGEIX           |

### GLOBAL ALLOCATION 60/40 PORTFOLIO (Series ID: S000001017)

| Class ID   | Class Name                                              | Ticker Symbol   |
|:---|:---|:---|
| C000002770 | GLOBAL ALLOCATION 60/40 PORTFOLIO - INSTITUTIONAL CLASS | DGSIX           |

### GLOBAL ALLOCATION 25/75 PORTFOLIO (Series ID: S000001018)

| Class ID   | Class Name                                              | Ticker Symbol   |
|:---|:---|:---|
| C000002772 | GLOBAL ALLOCATION 25/75 PORTFOLIO - INSTITUTIONAL CLASS | DGTSX           |

### U.S. LARGE CAP VALUE PORTFOLIO III (Series ID: S000001019)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000002773 | U.S. LARGE CAP VALUE PORTFOLIO III | DFUVX           |

### EMERGING MARKETS PORTFOLIO II (Series ID: S000001020)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000002774 | EMERGING MARKETS PORTFOLIO II | DFETX           |

### DFA INTERNATIONAL VALUE PORTFOLIO (Series ID: S000001022)

| Class ID   | Class Name                                             | Ticker Symbol   |
|:---|:---|:---|
| C000002776 | DFA INTERNATIONAL VALUE PORTFOLIO- INSTITUTIONAL CLASS | DFIVX           |

### DFA INTERNATIONAL VALUE PORTFOLIO III (Series ID: S000001025)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000002779 | DFA INTERNATIONAL VALUE PORTFOLIO III | DFVIX           |

### DFA TWO-YEAR FIXED INCOME PORTFOLIO (Series ID: S000001026)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000002780 | DFA TWO-YEAR FIXED INCOME PORTFOLIO | DFCFX           |

?xml version='1.0' encoding='ASCII'? 2025-04-02DFB3_USLargeCompanyPortfolio_Institutional_TSRSemiAnnual

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

**FORM N-CSR** 

**CERTIFIED SHAREHOLDER REPORT OF REGISTERED**

**MANAGEMENT INVESTMENT COMPANIES**

Investment Company Act file number <u>811-06067</u>

 **<u>DIMENSIONAL INVESTMENT GROUP INC.</u>**

(Exact name of registrant as specified in charter)

<u>6300 Bee Cave Road, Building One, Austin, TX 78746</u>

(Address of principal executive offices) (Zip code)

Catherine L. Newell, Esquire, President and General Counsel

Dimensional Investment Group Inc.,

<u>6300 Bee Cave Road, Building One, Austin, TX 78746</u>

(Name and address of agent for service)

Registrant's telephone number, including area code: 512-306-7400

Date of fiscal year end: October 31

Date of reporting period: November 1, 2024 – April 30, 2025

ITEM 1. REPORTS TO STOCKHOLDERS.

---

| | | |
|:---|:---|:---|
| ![image](image001.jpg) | **U.S. Large Company Portfolio**  | ![image](image002.jpg) |
| ![image](image001.jpg) | DFUSX \| Institutional  | ![image](image002.jpg) |
| ![image](image001.jpg) | Semi-Annual Shareholder Report \| April 30, 2025  | ![image](image002.jpg) |

---

This semi-annual shareholder report contains important information about the U.S. Large Company Portfolio (the "Portfolio") for the period of November 1, 2024 to April 30, 2025. You can find additional information about the Portfolio at https://www.dimensional.com/us-en/document-center. You can also request this information at no cost by contacting us collect at (512) 306-7400.

**WHAT WERE THE** **Portfolio COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | |
|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** |
| Institutional | $4<br>0.08%<sup>1,</sup><sup>2</sup> |

---

1 Reflects Fee Waivers and/or Expense Assumptions, without which expenses would have been higher.

2 Annualized

**KEY** **Portfolio STATISTICS** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Net Assets (Thousands)** | $11597287 |
| **Number of Holdings** | 504 |
| **Portfolio Turnover Rate** | 1% |

---

**WHAT DID THE** **Portfolio INVEST IN?** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Top 10 Holdings**<br>**(% of Total Investments)** |  |
|  Apple, Inc.  | 6.8% |
|  Microsoft Corp.  | 6.2% |
|  NVIDIA Corp.  | 5.7% |
|  Amazon.com, Inc.  | 3.7% |
|  Meta Platforms, Inc. A  | 2.5% |
|  Berkshire Hathaway, Inc. B  | 2.1% |
|  Alphabet, Inc. A  | 2.0% |
|  Broadcom, Inc.  | 1.9% |
|  Tesla, Inc.  | 1.7% |
|  Alphabet, Inc. C  | 1.6% |

---

Excludes short-term investments and collateral for loaned securities, if any.

---

| | |
|:---|:---|
| **Sector Allocation**<br>**(% of Total Investments)** |  |
|  Information Technology  | 30.3% |
|  Financials  | 14.5% |
|  Health Care  | 10.8% |
|  Consumer Discretionary  | 10.3% |
|  Communication Services  | 9.3% |
|  Industrials  | 8.5% |
|  Consumer Staples  | 6.2% |
|  Energy  | 3.2% |
|  Utilities  | 2.6% |
|  Real Estate  | 2.3% |
|  Materials  | 2.0% |

---

Excludes short-term investments and collateral for loaned securities, if any.

**WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE** **Portfolio?**

For additional information about the Portfolio, including its prospectus, financial information, holdings, federal tax information, and proxy voting information, visit https://www.dimensional.com/us-en/document-center.

PAGE 1 DFA043025-DFUSX

------

---

| | | |
|:---|:---|:---|
| ![image](image001.jpg) | **DFA International Value Portfolio**  | ![image](image002.jpg) |
| ![image](image001.jpg) | DFIVX \| Institutional  | ![image](image002.jpg) |
| ![image](image001.jpg) | Semi-Annual Shareholder Report \| April 30, 2025  | ![image](image002.jpg) |

---

This semi-annual shareholder report contains important information about the DFA International Value Portfolio (the "Portfolio") for the period of November 1, 2024 to April 30, 2025. You can find additional information about the Portfolio at https://www.dimensional.com/us-en/document-center. You can also request this information at no cost by contacting us collect at (512) 306-7400.

**WHAT WERE THE** **Portfolio COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | |
|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** |
| Institutional | $15<br>0.29%<sup>1,</sup><sup>2,</sup><sup>3</sup> |

---

1 The Portfolio is a feeder portfolio that pursues its objective by investing substantially all of its assets in a corresponding master series. The expense table reflects the direct expenses of the Portfolio and its allocated portion of the expenses of the master series.

2 Reflects Fee Waivers and/or Expense Assumptions, without which expenses would have been higher.

3 Annualized

**KEY** **Portfolio STATISTICS** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Net Assets (Thousands)** | $9877479 |
| **Number of Holdings** | 515 |
| **Portfolio Turnover Rate** | 8% |

---

**WHAT DID THE** **Portfolio INVEST IN?** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Top 10 Holdings**<br>**(% of Total Investments)** |  |
|  Shell PLC  | 4.0% |
|  TotalEnergies SE  | 2.5% |
|  Zurich Insurance Group AG  | 1.8% |
|  Banco Santander SA  | 1.6% |
|  Cie de Saint-Gobain SA  | 1.4% |
|  Koninklijke Ahold Delhaize NV  | 1.2% |
|  BASF SE  | 1.1% |
|  Toronto-Dominion Bank  | 1.1% |
|  Lloyds Banking Group PLC  | 1.1% |
|  Novartis AG  | 1.1% |

---

Excludes short-term investments and collateral for loaned securities, if any.

---

| | |
|:---|:---|
| **Top Countries**<br>**(% of Total Investments)** |  |
|  Japan  | 21.0% |
|  United Kingdom  | 12.5% |
|  Canada  | 10.9% |
|  France  | 10.8% |
|  Switzerland  | 10.1% |
|  Germany  | 8.6% |
|  Australia  | 5.8% |
|  Netherlands  | 4.5% |
|  Spain  | 3.1% |
|  Denmark  | 2.5% |

---

Excludes short-term investments and collateral for loaned securities, if any.

**WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE** **Portfolio?**

For additional information about the Portfolio, including its prospectus, financial information, holdings, federal tax information, and proxy voting information, visit https://www.dimensional.com/us-en/document-center.

PAGE 1 DFA043025-DFIVX

------

---

| | | |
|:---|:---|:---|
| ![image](image001.jpg) | **DFA Two-Year Fixed Income Portfolio**  | ![image](image002.jpg) |
| ![image](image001.jpg) | DFCFX \| Institutional  | ![image](image002.jpg) |
| ![image](image001.jpg) | Semi-Annual Shareholder Report \| April 30, 2025  | ![image](image002.jpg) |

---

This semi-annual shareholder report contains important information about the DFA Two-Year Fixed Income Portfolio (the "Portfolio") for the period of November 1, 2024 to April 30, 2025. You can find additional information about the Portfolio at https://www.dimensional.com/us-en/document-center. You can also request this information at no cost by contacting us collect at (512) 306-7400.

**WHAT WERE THE** **Portfolio COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | |
|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** |
| Institutional | $11<br>0.21%<sup>1,</sup><sup>2</sup> |

---

1 Reflects Fee Waivers and/or Expense Assumptions, without which expenses would have been higher.

2 Annualized

**KEY** **Portfolio STATISTICS** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Net Assets (Thousands)** | $117132 |
| **Number of Holdings** | 159 |
| **Portfolio Turnover Rate** | 28% |

---

**WHAT DID THE** **Portfolio INVEST IN?** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Sector Allocation**<br>**(% of Total Investments)** |  |
|  Financials  | 38.5% |
|  Foreign Government  | 29.7% |
|  U.S. Government  | 27.3% |
|  Energy  | 3.7% |
|  Consumer, Cyclical  | 0.4% |
|  Consumer, Non-cyclical  | 0.4% |

---

Excludes cash investments and collateral for loaned securities, if any.

---

| | |
|:---|:---|
| **Maturity Allocation**<br>**(% of Total Investments)** |  |
|  Less than 1 Year  | 57.4% |
|  1 to 3 Years  | 42.6% |

---

**WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE** **Portfolio?**

For additional information about the Portfolio, including its prospectus, financial information, holdings, federal tax information, and proxy voting information, visit https://www.dimensional.com/us-en/document-center.

PAGE 1 DFA043025-DFCFX

------

---

| | | |
|:---|:---|:---|
| ![image](image001.jpg) | **DFA Two-Year Government Portfolio**  | ![image](image002.jpg) |
| ![image](image001.jpg) | DFYGX \| Institutional  | ![image](image002.jpg) |
| ![image](image001.jpg) | Semi-Annual Shareholder Report \| April 30, 2025  | ![image](image002.jpg) |

---

This semi-annual shareholder report contains important information about the DFA Two-Year Government Portfolio (the "Portfolio") for the period of November 1, 2024 to April 30, 2025. You can find additional information about the Portfolio at https://www.dimensional.com/us-en/document-center. You can also request this information at no cost by contacting us collect at (512) 306-7400.

**WHAT WERE THE** **Portfolio COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | |
|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** |
| Institutional | $9<br>0.17%<sup>1</sup> |

---

1 Annualized

**KEY** **Portfolio STATISTICS** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Net Assets (Thousands)** | $138006 |
| **Number of Holdings** | 23 |
| **Portfolio Turnover Rate** | 17% |

---

**WHAT DID THE** **Portfolio INVEST IN?** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Sector Allocation**<br>**(% of Total Investments)** |  |
|  U.S. Government  | 100.0% |

---

Excludes cash investments and collateral for loaned securities, if any.

---

| | |
|:---|:---|
| **Maturity Allocation**<br>**(% of Total Investments)** |  |
|  Less than 1 Year  | 93.0% |
|  1 to 3 Years  | 7.0% |

---

**WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE** **Portfolio?**

For additional information about the Portfolio, including its prospectus, financial information, holdings, federal tax information, and proxy voting information, visit https://www.dimensional.com/us-en/document-center.

PAGE 1 DFA043025-DFYGX

------

---

| | | |
|:---|:---|:---|
| ![image](image001.jpg) | **Global Equity Portfolio**  | ![image](image002.jpg) |
| ![image](image001.jpg) | DGEIX \| Institutional  | ![image](image002.jpg) |
| ![image](image001.jpg) | Semi-Annual Shareholder Report \| April 30, 2025  | ![image](image002.jpg) |

---

This semi-annual shareholder report contains important information about the Global Equity Portfolio (the "Portfolio") for the period of November 1, 2024 to April 30, 2025. You can find additional information about the Portfolio at https://www.dimensional.com/us-en/document-center. You can also request this information at no cost by contacting us collect at (512) 306-7400.

**WHAT WERE THE** **Portfolio COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | |
|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** |
| Institutional | $12<br>0.25%<sup>1,</sup><sup>2</sup> |

---

1 Reflects Fee Waivers and/or Expense Assumptions, without which expenses would have been higher.

2 Annualized

**KEY** **Portfolio STATISTICS** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Net Assets (Thousands)** | $8830882 |
| **Number of Holdings** | 6 |
| **Portfolio Turnover Rate** | 2% |

---

**WHAT DID THE** **Portfolio INVEST IN?** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Portfolio Allocation**<br>**(% of Total Investments)** |  |
|  U.S. Core Equity 2 Portfolio  | 52.9% |
|  International Core Equity 2 Portfolio  | 19.2% |
|  U.S. Core Equity 1 Portfolio  | 17.7% |
|  Emerging Markets Core Equity 2 Portfolio  | 8.2% |
|  DFA Real Estate Securities Portfolio  | 1.5% |
|  DFA International Real Estate Securities Portfolio  | 0.5% |

---

**WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE** **Portfolio?**

For additional information about the Portfolio, including its prospectus, financial information, holdings, federal tax information, and proxy voting information, visit https://www.dimensional.com/us-en/document-center.

PAGE 1 DFA043025-DGEIX

------

---

| | | |
|:---|:---|:---|
| ![image](image001.jpg) | **Global Allocation 60/40 Portfolio**  | ![image](image002.jpg) |
| ![image](image001.jpg) | DGSIX \| Institutional  | ![image](image002.jpg) |
| ![image](image001.jpg) | Semi-Annual Shareholder Report \| April 30, 2025  | ![image](image002.jpg) |

---

This semi-annual shareholder report contains important information about the Global Allocation 60/40 Portfolio (the "Portfolio") for the period of November 1, 2024 to April 30, 2025. You can find additional information about the Portfolio at https://www.dimensional.com/us-en/document-center. You can also request this information at no cost by contacting us collect at (512) 306-7400.

**WHAT WERE THE** **Portfolio COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | |
|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** |
| Institutional | $12<br>0.24%<sup>1,</sup><sup>2</sup> |

---

1 Reflects Fee Waivers and/or Expense Assumptions, without which expenses would have been higher.

2 Annualized

**KEY** **Portfolio STATISTICS** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Net Assets (Thousands)** | $3474754 |
| **Number of Holdings** | 12 |
| **Portfolio Turnover Rate** | 2% |

---

**WHAT DID THE** **Portfolio INVEST IN?** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Portfolio Allocation**<br>**(% of Total Investments)** |  |
|  U.S. Core Equity 2 Portfolio  | 31.4% |
|  DFA Selectively Hedged Global Fixed Income Portfolio  | 14.8% |
|  International Core Equity 2 Portfolio  | 11.6% |
|  U.S. Core Equity 1 Portfolio  | 10.5% |
|  DFA Short-Term Extended Quality Portfolio  | 10.0% |
|  DFA Global Core Plus Fixed Income Portfolio  | 5.2% |
|  DFA Five-Year Global Fixed Income Portfolio  | 5.1% |
|  Emerging Markets Core Equity 2 Portfolio  | 4.8% |
|  DFA World ex U.S. Government Fixed Income Portfolio  | 2.7% |
|  DFA Inflation-Protected Securities Portfolio  | 2.6% |

---

**WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE** **Portfolio?**

For additional information about the Portfolio, including its prospectus, financial information, holdings, federal tax information, and proxy voting information, visit https://www.dimensional.com/us-en/document-center.

PAGE 1 DFA043025-DGSIX

------

---

| | | |
|:---|:---|:---|
| ![image](image001.jpg) | **Global Allocation 25/75 Portfolio**  | ![image](image002.jpg) |
| ![image](image001.jpg) | DGTSX \| Institutional  | ![image](image002.jpg) |
| ![image](image001.jpg) | Semi-Annual Shareholder Report \| April 30, 2025  | ![image](image002.jpg) |

---

This semi-annual shareholder report contains important information about the Global Allocation 25/75 Portfolio (the "Portfolio") for the period of November 1, 2024 to April 30, 2025. You can find additional information about the Portfolio at https://www.dimensional.com/us-en/document-center. You can also request this information at no cost by contacting us collect at (512) 306-7400.

**WHAT WERE THE** **Portfolio COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | |
|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** |
| Institutional | $12<br>0.24%<sup>1,</sup><sup>2</sup> |

---

1 Reflects Fee Waivers and/or Expense Assumptions, without which expenses would have been higher.

2 Annualized

**KEY** **Portfolio STATISTICS** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Net Assets (Thousands)** | $654827 |
| **Number of Holdings** | 10 |
| **Portfolio Turnover Rate** | 5% |

---

**WHAT DID THE** **Portfolio INVEST IN?** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Portfolio Allocation**<br>**(% of Total Investments)** |  |
|  DFA Short-Term Extended Quality Portfolio  | 29.9% |
|  DFA Two-Year Global Fixed Income Portfolio  | 29.8% |
|  U.S. Core Equity 2 Portfolio  | 13.2% |
|  DFA Inflation-Protected Securities Portfolio  | 11.2% |
|  International Core Equity 2 Portfolio  | 4.8% |
|  U.S. Core Equity 1 Portfolio  | 4.4% |
|  DFA World ex U.S. Government Fixed Income Portfolio  | 4.2% |
|  Emerging Markets Core Equity 2 Portfolio  | 2.0% |
|  DFA Real Estate Securities Portfolio  | 0.4% |
|  DFA International Real Estate Securities Portfolio  | 0.1% |

---

Excludes cash investments, if any.

**WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE** **Portfolio?**

For additional information about the Portfolio, including its prospectus, financial information, holdings, federal tax information, and proxy voting information, visit https://www.dimensional.com/us-en/document-center.

PAGE 1 DFA043025-DGTSX

------

---

| | | |
|:---|:---|:---|
| ![image](image001.jpg) | **DFA International Value Portfolio III**  | ![image](image002.jpg) |
| ![image](image001.jpg) | DFVIX \| Institutional  | ![image](image002.jpg) |
| ![image](image001.jpg) | Semi-Annual Shareholder Report \| April 30, 2025  | ![image](image002.jpg) |

---

This semi-annual shareholder report contains important information about the DFA International Value Portfolio III (the "Portfolio") for the period of November 1, 2024 to April 30, 2025. You can find additional information about the Portfolio at https://www.dimensional.com/us-en/document-center. You can also request this information at no cost by contacting us collect at (512) 306-7400.

**WHAT WERE THE** **Portfolio COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | |
|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** |
| Institutional | $13<br>0.24%<sup>1,</sup><sup>2,</sup><sup>3</sup> |

---

1 The Portfolio is a feeder portfolio that pursues its objective by investing substantially all of its assets in a corresponding master series. The expense table reflects the direct expenses of the Portfolio and its allocated portion of the expenses of the master series.

2 Reflects Fee Waivers and/or Expense Assumptions, without which expenses would have been higher.

3 Annualized

**KEY** **Portfolio STATISTICS** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Net Assets (Thousands)** | $2984204 |
| **Number of Holdings** | 515 |
| **Portfolio Turnover Rate** | 8% |

---

**WHAT DID THE** **Portfolio INVEST IN?** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Top 10 Holdings**<br>**(% of Total Investments)** |  |
|  Shell PLC  | 4.0% |
|  TotalEnergies SE  | 2.5% |
|  Zurich Insurance Group AG  | 1.8% |
|  Banco Santander SA  | 1.6% |
|  Cie de Saint-Gobain SA  | 1.4% |
|  Koninklijke Ahold Delhaize NV  | 1.2% |
|  BASF SE  | 1.1% |
|  Toronto-Dominion Bank  | 1.1% |
|  Lloyds Banking Group PLC  | 1.1% |
|  Novartis AG  | 1.1% |

---

Excludes short-term investments and collateral for loaned securities, if any.

---

| | |
|:---|:---|
| **Top Countries**<br>**(% of Total Investments)** |  |
|  Japan  | 21.0% |
|  United Kingdom  | 12.5% |
|  Canada  | 10.9% |
|  France  | 10.8% |
|  Switzerland  | 10.0% |
|  Germany  | 8.6% |
|  Australia  | 5.8% |
|  Netherlands  | 4.5% |
|  Spain  | 3.1% |
|  Denmark  | 2.5% |

---

Excludes short-term investments and collateral for loaned securities, if any.

**WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE** **Portfolio?**

For additional information about the Portfolio, including its prospectus, financial information, holdings, federal tax information, and proxy voting information, visit https://www.dimensional.com/us-en/document-center.

PAGE 1 DFA043025-DFVIX

------

---

| | | |
|:---|:---|:---|
| ![image](image001.jpg) | **U.S. Large Cap Value Portfolio III**  | ![image](image002.jpg) |
| ![image](image001.jpg) | DFUVX \| Institutional  | ![image](image002.jpg) |
| ![image](image001.jpg) | Semi-Annual Shareholder Report \| April 30, 2025  | ![image](image002.jpg) |

---

This semi-annual shareholder report contains important information about the U.S. Large Cap Value Portfolio III (the "Portfolio") for the period of November 1, 2024 to April 30, 2025. You can find additional information about the Portfolio at https://www.dimensional.com/us-en/document-center. You can also request this information at no cost by contacting us collect at (512) 306-7400.

**WHAT WERE THE** **Portfolio COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | |
|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** |
| Institutional | $7<br>0.14%<sup>1,</sup><sup>2,</sup><sup>3</sup> |

---

1 The Portfolio is a feeder portfolio that pursues its objective by investing substantially all of its assets in a corresponding master series. The expense table reflects the direct expenses of the Portfolio and its allocated portion of the expenses of the master series.

2 Reflects Fee Waivers and/or Expense Assumptions, without which expenses would have been higher.

3 Annualized

**KEY** **Portfolio STATISTICS** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Net Assets (Thousands)** | $3508894 |
| **Number of Holdings** | 323 |
| **Portfolio Turnover Rate** | 4% |

---

**WHAT DID THE** **Portfolio INVEST IN?** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Top 10 Holdings**<br>**(% of Total Investments)** |  |
|  JPMorgan Chase & Co.  | 4.7% |
|  Exxon Mobil Corp.  | 4.1% |
|  Berkshire Hathaway, Inc. B  | 2.7% |
|  UnitedHealth Group, Inc.  | 2.3% |
|  Johnson & Johnson  | 2.3% |
|  Cisco Systems, Inc.  | 2.0% |
|  Chevron Corp.  | 1.8% |
|  AT&T, Inc.  | 1.6% |
|  Wells Fargo & Co.  | 1.6% |
|  Verizon Communications, Inc.  | 1.4% |

---

Excludes short-term investments and collateral for loaned securities, if any.

---

| | |
|:---|:---|
| **Sector Allocation**<br>**(% of Total Investments)** |  |
|  Financials  | 24.6% |
|  Health Care  | 16.8% |
|  Industrials  | 12.6% |
|  Energy  | 12.0% |
|  Information Technology  | 9.1% |
|  Materials  | 7.4% |
|  Communication Services  | 7.2% |
|  Consumer Staples  | 5.5% |
|  Consumer Discretionary  | 4.2% |
|  Real Estate  | 0.6% |

---

Excludes short-term investments and collateral for loaned securities, if any.

**WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE** **Portfolio?**

For additional information about the Portfolio, including its prospectus, financial information, holdings, federal tax information, and proxy voting information, visit https://www.dimensional.com/us-en/document-center.

PAGE 1 DFA043025-DFUVX

------

---

| | | |
|:---|:---|:---|
| ![image](image001.jpg) | **Emerging Markets Portfolio II**  | ![image](image002.jpg) |
| ![image](image001.jpg) | DFETX \| Institutional  | ![image](image002.jpg) |
| ![image](image001.jpg) | Semi-Annual Shareholder Report \| April 30, 2025  | ![image](image002.jpg) |

---

This semi-annual shareholder report contains important information about the Emerging Markets Portfolio II (the "Portfolio") for the period of November 1, 2024 to April 30, 2025. You can find additional information about the Portfolio at https://www.dimensional.com/us-en/document-center. You can also request this information at no cost by contacting us collect at (512) 306-7400.

**WHAT WERE THE** **Portfolio COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | |
|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** |
| Institutional | $18<br>0.36%<sup>1,</sup><sup>2,</sup><sup>3</sup> |

---

1 The Portfolio is a feeder portfolio that pursues its objective by investing substantially all of its assets in a corresponding master series. The expense table reflects the direct expenses of the Portfolio and its allocated portion of the expenses of the master series.

2 Reflects Fee Waivers and/or Expense Assumptions, without which expenses would have been higher.

3 Annualized

**KEY** **Portfolio STATISTICS** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Net Assets (Thousands)** | $56632 |
| **Number of Holdings** | 2180 |
| **Portfolio Turnover Rate** | 5% |

---

**WHAT DID THE** **Portfolio INVEST IN?** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Top 10 Holdings**<br>**(% of Total Investments)** |  |
|  Taiwan Semiconductor Manufacturing Co. Ltd.  | 6.9% |
|  Tencent Holdings Ltd.  | 4.4% |
|  Samsung Electronics Co. Ltd.  | 2.4% |
|  Alibaba Group Holding Ltd.  | 2.3% |
|  HDFC Bank Ltd.  | 0.9% |
|  SK Hynix, Inc.  | 0.8% |
|  Reliance Industries Ltd.  | 0.8% |
|  ICICI Bank Ltd.  | 0.8% |
|  PDD Holdings, Inc.  | 0.8% |
|  Infosys Ltd.  | 0.7% |

---

Excludes short-term investments and collateral for loaned securities, if any.

---

| | |
|:---|:---|
| **Top Countries**<br>**(% of Total Investments)** |  |
|  China  | 25.4% |
|  India  | 20.1% |
|  Taiwan  | 17.9% |
|  South Korea  | 10.5% |
|  Brazil  | 3.8% |
|  Saudi Arabia  | 3.8% |
|  South Africa  | 2.9% |
|  Mexico  | 1.9% |
|  United Arab Emirates  | 1.8% |
|  Malaysia  | 1.6% |

---

Excludes short-term investments and collateral for loaned securities, if any.

**WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE** **Portfolio?**

For additional information about the Portfolio, including its prospectus, financial information, holdings, federal tax information, and proxy voting information, visit https://www.dimensional.com/us-en/document-center.

PAGE 1 DFA043025-DFETX

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

ITEM 2. CODE OF ETHICS.

Not applicable when filing a semi-annual report to shareholders.

ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.

Not applicable when filing a semi-annual report to shareholders.

ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.

Not applicable when filing a semi-annual report to shareholders.

ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.

This item is not applicable to the Registrant because it is not a listed issuer.

ITEM 6. INVESTMENTS. <br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Please see the Schedules of Investments contained in the Semi-Annual Financial
Statements & Other Information included under Item 7 of this Report.

Certain of the Portfolios (the "Feeder Funds") invest all of their assets in a corresponding series of The DFA Investment Trust Company (the "Master Funds") as indicated below. The financial statements of the Feeder Funds' Master Funds, including the Schedules of Investments, are included elsewhere in the Semi-Annual Financial Statements & Other Information and should be read in conjunction with the financial statements of the Feeder Funds.

---

| | |
|:---|:---|
| **Feeder Fund** | **Master Fund** |
| DFA International Value Portfolio | The DFA International Value Series |
| DFA International Value Portfolio III | The DFA International Value Series |
| Emerging Markets Portfolio II | The Emerging Markets Series |
| U.S. Large Cap Value Portfolio III | The U.S. Large Cap Value Series |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

ITEM 7. FINANCIAL STATEMENTS AND FINANCIAL HIGHLIGHTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp; Please see Financial Statements included below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp; Please see Financial Highlights included below.

Semi-Annual Financial Statements &

Other Information

**Six Months Ended: April 30, 2025 (Unaudited)**

------

DFA INVESTMENT DIMENSIONS GROUP INC. / DIMENSIONAL INVESTMENT GROUP INC. / THE DFA INVESTMENT TRUST COMPANY

------

**DFA Investment Dimensions Group Inc.**

------

**Enhanced U.S. Large Company Portfolio**

**U.S. Large Cap Equity Portfolio**

**U.S. Large Cap Value Portfolio**

**U.S. Targeted Value Portfolio**

**U.S. Small Cap Value Portfolio**

**U.S. Core Equity 1 Portfolio**

**U.S. Core Equity 2 Portfolio**

**U.S. Vector Equity Portfolio**

**U.S. Small Cap Portfolio**

**U.S. Micro Cap Portfolio**

**U.S. High Relative Profitability Portfolio**

**DFA Real Estate Securities Portfolio**

**DFA Commodity Strategy Portfolio**

**Dimensional Investment Group Inc.**

------

**U.S. Large Company Portfolio**

**The DFA Investment Trust Company**

------

**The U.S. Large Cap Value Series**

------

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

------

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

[THIS PAGE INTENTIONALLY LEFT BLANK]

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**SEMI-ANNUAL FINANCIAL STATEMENTS AND OTHER INFORMATION**

**(Unaudited)**

**Table of Contents** 

---

| | |
|:---|:---|
|  | **Page** |
| **[Item 7 –](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_FC-FrontCoverImage-708_1)[Financial Statements and Financial Highlights for Open-End Management Investment](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_FC-FrontCoverImage-708_1)**<br> **[Companies](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_FC-FrontCoverImage-708_1)**<br>|  |
| **[Definitions of Abbreviations and Footnotes](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_AF-TOC-AbbreviationsandFootnotes_2)** | 1 |
| **[DFA Investment Dimensions Group Inc](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_1SOI-G1_TOC-ScheduleofInvestments-708_1)** |  |
| [Schedules of Investments](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_1SOI-G1_TOC-ScheduleofInvestments-708_1) |  |
| [Enhanced U.S. Large Company Portfolio](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_1SOI-G1_TOC-ScheduleofInvestments-708_1) | 3 |
| [U.S. Large Cap Equity Portfolio](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_1SOI-G1_TOC-ScheduleofInvestments-708_8) | 10 |
| [U.S. Large Cap Value Portfolio](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_1SOI-G1_TOC-ScheduleofInvestments-708_17) | 19 |
| [U.S. Targeted Value Portfolio](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_1SOI-G1_TOC-ScheduleofInvestments-708_18) | 20 |
| [U.S. Small Cap Value Portfolio](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_1SOI-G1_TOC-ScheduleofInvestments-708_41) | 43 |
| [U.S. Core Equity 1 Portfolio](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_1SOI-G1_TOC-ScheduleofInvestments-708_58) | 60 |
| [U.S. Core Equity 2 Portfolio](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_1SOI-G1_TOC-ScheduleofInvestments-708_95) | 97 |
| [U.S. Vector Equity Portfolio](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_1SOI-G1_TOC-ScheduleofInvestments-708_131) | 133 |
| [U.S. Small Cap Portfolio](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_1SOI-G1_TOC-ScheduleofInvestments-708_165) | 167 |
| [U.S. Micro Cap Portfolio](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_1SOI-G1_TOC-ScheduleofInvestments-708_197) | 199 |
| [U.S. High Relative Profitability Portfolio](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_1SOI-G1_TOC-ScheduleofInvestments-708_224) | 226 |
| [DFA Real Estate Securities Portfolio](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_1SOI-G1_TOC-ScheduleofInvestments-708_228) | 230 |
| [Statements of Assets and Liabilities](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_1FS-G1_StatementofAssetsandLiabilities_1) | 233 |
| [Statements of Operations](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_1FS-G1_StatementofAssetsandLiabilities_4) | 236 |
| [Statements of Changes in Net Assets](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_1FS-G1_StatementofAssetsandLiabilities_7) | 239 |
| [Financial Highlights](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_1FIHI-G1_TOC-FinancialHighlights-708_1) | 243 |
| [Notes to Financial Statements](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_1NTF-G1_NotestoFinancialStatements-708_1) | 256 |
| **[DFA Investment Dimensions Group Inc](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_2SOI-G2_TOC-ScheduleofInvestments-747_1)** |  |
| [Consolidated Schedule of Investments](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_2SOI-G2_TOC-ScheduleofInvestments-747_1) |  |
| [DFA Commodity Strategy Portfolio](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_2SOI-G2_TOC-ScheduleofInvestments-747_1) | 276 |
| [Consolidated Statement of Assets and Liabilities](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_2FS-G2_StatementofAssetsandLiabilities_1) | 291 |
| [Consolidated Statement of Operations](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_2FS-G2_StatementofAssetsandLiabilities_2) | 292 |
| [Consolidated Statements of Changes in Net Assets](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_2FS-G2_StatementofAssetsandLiabilities_3) | 293 |
| [Consolidated Financial Highlights](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_2FIHI_L-G2_TOC-FinancialHighlights_L-747_1) | 294 |
| [Consolidated Notes to Financial Statements](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_2NTF-G2_NotestoFinancialStatements-747_1) | 295 |
| **[Dimensional Investment Group Inc.](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_3SOI-G3_TOC-ScheduleofInvestments-742_1)** |  |
| [Schedule of Investments](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_3SOI-G3_TOC-ScheduleofInvestments-742_1)  |  |
| [U.S. Large Company Portfolio](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_3SOI-G3_TOC-ScheduleofInvestments-742_1) | 308 |
| [Statement of Assets and Liabilities](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_3FS-G3_StatementofAssetsandLiabilities_1) | 317 |
| [Statement of Operations](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_3FS-G3_StatementofAssetsandLiabilities_2) | 318 |
| [Statements of Changes in Net Assets](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_3FS-G3_StatementofAssetsandLiabilities_3) | 319 |
| [Financial Highlights](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_3FIHI_L-G3_TOC-FinancialHighlights_L-742_1) | 320 |
| [Notes to Financial Statements](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_3NTF-G3_NotestoFinancialStatements-742_1) | 321 |
| **[The DFA Investment Trust Company](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_4SOI-G4_TOC-ScheduleofInvestments-662_1)** |  |
| [Schedule of Investments](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_4SOI-G4_TOC-ScheduleofInvestments-662_1)  |  |
| [The U.S. Large Cap Value Series](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_4SOI-G4_TOC-ScheduleofInvestments-662_1) | 331 |
| [Statement of Assets and Liabilities](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_4FS-G4_StatementofAssetsandLiabilities_1) | 337 |
| [Statement of Operations](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_4FS-G4_StatementofAssetsandLiabilities_2) | 338 |
| [Statements of Changes in Net Assets](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_4FS-G4_StatementofAssetsandLiabilities_3) | 339 |
| [Financial Highlights](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_4FIHI_L-G4_TOC-FinancialHighlights_L-662_1) | 340 |
| [Notes to Financial Statements](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_4NTF-G4_NotestoFinancialStatements-662_1) | 341 |
| **[Item 8 –](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_DISCLOSE-ChangesandDisagreements_1)[Changes in and Disagreements with Accountants for Open-End Management Investment](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_DISCLOSE-ChangesandDisagreements_1)**<br> **[Companies](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_DISCLOSE-ChangesandDisagreements_1)**<br>| 349 |
| **[Item 9 –](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_DISCLOSE-ChangesandDisagreements_2)[Proxy Disclosures for Open-End Management Investment Companies](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_DISCLOSE-ChangesandDisagreements_2)** | 350 |

---

i

------

**Table of Contents** 

**CONTINUED**

---

| | |
|:---|:---|
|  | **Page** |
| **[Item 10 –](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_DISCLOSE-ChangesandDisagreements_3)[Remuneration Paid to Directors, Officers, and Others of Open-End Management](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_DISCLOSE-ChangesandDisagreements_3)**<br> **[Investment Companies](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_DISCLOSE-ChangesandDisagreements_3)**<br>| 351 |
| **[Item 11 –](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_DISCLOSE-ChangesandDisagreements_4)[Statement Regarding Basis for Approval of Investment Management Agreements](#xx_647156a6-e12c-4ca1-b78b-9ae9534ad57d_DISCLOSE-ChangesandDisagreements_4)** | 352 |

---

ii

------

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

[THIS PAGE INTENTIONALLY LEFT BLANK]

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**DIMENSIONAL INVESTMENT GROUP INC.**

**THE DFA INVESTMENT TRUST COMPANY**

**DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES**

**<u>Schedules of Investments</u>** 

---

| | |
|:---|:---|
| Investment Abbreviations | Investment Abbreviations |
| 3M Swap | Three Month Swap |
| ADR | American Depositary Receipt |
| FRN | Floating Rate Note |
| REIT | Real Estate Investment Trust |
| SOFR | Secured Overnight Financing Rate  |
| USTMMR | U.S. Treasury Money Market Rate |
| AUD | Australian Dollars |
| CAD | Canadian Dollars |
| GBP | British Pounds |
| SEK | Swedish Krona |
| USD | United States Dollars |

---

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

---

| | |
|:---|:---|
| Investment Footnotes | Investment Footnotes |
| ^ | Denominated in USD, unless otherwise noted. |
| † | See Note B to Financial Statements. |
| (r) | The adjustable rate shown is effective as of April 30, 2025. |
| Ω | &nbsp;&nbsp; Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional <br> investors. This security has been deemed liquid based upon the Fund's Liquidity <br> Guidelines. The liquidity determination is unaudited.<br>|
| # | Total or Partial Securities on Loan. |
| ∞ | Rates reflect the effective yields at purchase date. |
| @ | Security purchased with cash collateral received from Securities on Loan. |
| § | Affiliated Fund. |
| \* | Non-Income Producing Securities. |
| †† | Security valued using significant unobservable inputs (Level 3). |
| Ɏ | Represents 7 Day subsidized yield as of April 30, 2025 |
| » | Securities that have been fair value factored. See Note B to Financial Statements. |
| ~ | Security pledged as collateral for Swap Agreements. |
| « | Security pledged as collateral for Futures Contracts.  |

---

**<u>Financial Highlights</u>** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) Computed
 using average shares outstanding.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) Non-Annualized

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) Annualized

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(D) Represents
 the combined ratios for the respective Portfolio and its respective pro-rata share
 of its Master Fund(s).

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

------

**DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES**

**CONTINUED**

---

| | |
|:---|:---|
| **All Statements, Schedules and Notes to Financial Statements** | **All Statements, Schedules and Notes to Financial Statements** |
|  | Amounts designated as — are either zero, rounded to zero, or less than $500. |
| SEC | Securities and Exchange Commission |

---

------

**Enhanced U.S. Large Company Portfolio**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)**

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  |  | **Face** <br>**Amount^**<br>| **Value†** |
|  |  |  | **(000)** |  |
| BONDS — (55.1%) | BONDS — (55.1%) | BONDS — (55.1%) | BONDS — (55.1%) | BONDS — (55.1%) |
| AUSTRALIA — (7.5%) | AUSTRALIA — (7.5%) | AUSTRALIA — (7.5%) | AUSTRALIA — (7.5%) | AUSTRALIA — (7.5%) |
| Australia & New Zealand <br> Banking Group Ltd.  | Australia & New Zealand <br> Banking Group Ltd.  | Australia & New Zealand <br> Banking Group Ltd.  |  |  |
|  | 4.050%, 05/12/25 | AUD | 900 | $576439 |
| (r)Ω | SOFR + 0.810%, <br> FRN, 5.188%, <br> 01/18/27<br>|  | 650 | 652399 |
| (r) | 3M Swap + 0.970%, <br> FRN, 5.174%, <br> 05/12/27<br>| AUD | 500 | 322136 |
| Commonwealth Bank of <br> Australia  | Commonwealth Bank of <br> Australia  | Commonwealth Bank of <br> Australia  |  |  |
| (r) | SOFR + 0.400%, <br> FRN, 4.777%, <br> 07/07/25<br>|  | 1100 | 1100241 |
| (r)Ω | SOFR + 0.750%, <br> FRN, 5.119%, <br> 03/13/26<br>|  | 892 | 894383 |
| (r)Ω | SOFR + 0.520%, <br> FRN, 4.889%, <br> 06/15/26<br>|  | 1218 | 1218620 |
| (r) | 3M Swap + 1.020%, <br> FRN, 5.189%, <br> 08/18/27<br>| AUD | 3000 | 1935390 |
| Glencore Funding LLC, <br> SOFR + 0.750%, FRN | Glencore Funding LLC, <br> SOFR + 0.750%, FRN |  |  |  |
| (r)Ω | 5.127%, 10/01/26 |  | 1550 | 1548401 |
| Macquarie Bank Ltd., <br> SOFR + 0.920%, FRN | Macquarie Bank Ltd., <br> SOFR + 0.920%, FRN |  |  |  |
| (r)Ω | 5.298%, 07/02/27 |  | 2000 | 2008518 |
| National Australia Bank <br> Ltd., 3M Swap + <br> 0.700%, FRN | National Australia Bank <br> Ltd., 3M Swap + <br> 0.700%, FRN |  |  |  |
| (r) | 4.652%, 10/18/27 | AUD | 3000 | 1920997 |
| Westpac Banking Corp.  | Westpac Banking Corp.  | Westpac Banking Corp.  |  |  |
| (r) | 3M Swap + 1.050%, <br> FRN, 5.197%, <br> 05/20/27<br>| AUD | 500 | 322546 |
| (r) | 3M Swap + 0.980%, <br> FRN, 5.154%, <br> 02/16/28<br>| AUD | 5000 | 3221359 |
| TOTAL AUSTRALIA | TOTAL AUSTRALIA |  |  | 15721429 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount^**<br>| **Value†** |
|  |  | **(000)** |  |
| CANADA — (3.8%) | CANADA — (3.8%) | CANADA — (3.8%) | CANADA — (3.8%) |
| Bank of Montreal  | Bank of Montreal  |  |  |
| (r) | SOFR + 1.060%, <br> FRN, 5.427%, <br> 06/07/25<br>| 110 | $110086 |
| (r) | SOFR + 1.330%, <br> FRN, 5.697%, <br> 06/05/26<br>| 683 | 687986 |
| (r) | SOFR + 0.620%, <br> FRN, 4.989%, <br> 09/15/26<br>| 300 | 299641 |
| Bank of Nova Scotia, <br> SOFR + 0.780%, FRN | Bank of Nova Scotia, <br> SOFR + 0.780%, FRN |  |  |
| (r) | 5.149%, 06/04/27 | 1010 | 1008785 |
| Canadian Imperial Bank of <br> Commerce  | Canadian Imperial Bank of <br> Commerce  |  |  |
|  | 3.945%, 08/04/25 | 2250 | 2245543 |
| Nutrien Ltd.  | Nutrien Ltd.  |  |  |
|  | 5.950%, 11/07/25 | 1500 | 1507502 |
| Province of Alberta  | Province of Alberta  |  |  |
|  | 1.000%, 05/20/25 | 600 | 598905 |
| Royal Bank of Canada  | Royal Bank of Canada  |  |  |
| (r) | SOFR + 0.950%, <br> FRN, 5.328%, <br> 01/19/27<br>| 436 | 437336 |
| (r) | SOFR + 0.710%, <br> FRN, 5.088%, <br> 01/21/27<br>| 1200 | 1201620 |
| TOTAL CANADA | TOTAL CANADA |  | 8097404 |
| FRANCE — (1.5%) | FRANCE — (1.5%) | FRANCE — (1.5%) | FRANCE — (1.5%) |
| Banque Federative du <br> Credit Mutuel SA, SOFR <br> + 1.400%, FRN | Banque Federative du <br> Credit Mutuel SA, SOFR <br> + 1.400%, FRN |  |  |
| (r) | 5.776%, 07/13/26 | 1300 | 1314637 |
| Credit Agricole SA, SOFR <br> + 0.870%, FRN | Credit Agricole SA, SOFR <br> + 0.870%, FRN |  |  |
| (r)Ω | 5.238%, 03/11/27 | 1800 | 1801312 |
| TOTAL FRANCE | TOTAL FRANCE |  | 3115949 |
| GERMANY — (0.5%) | GERMANY — (0.5%) | GERMANY — (0.5%) | GERMANY — (0.5%) |
| Mercedes-Benz Finance North <br> America LLC  | Mercedes-Benz Finance North <br> America LLC  |  |  |
| Ω | 3.300%, 05/19/25 | 300 | 299804 |
| (r)Ω | SOFR + 0.570%, <br> FRN, 4.952%, <br> 08/01/25<br>| 180 | 180037 |

---

------

**Enhanced U.S. Large Company Portfolio**

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  |  | **Face**<br> **Amount^**<br>| **Value†** |
|  |  |  | **(000)** |  |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
| (r)Ω | SOFR + 0.630%, <br> FRN, 5.011%, <br> 07/31/26<br>|  | 600 | $598398 |
| TOTAL GERMANY | TOTAL GERMANY |  |  | 1078239 |
| IRELAND — (0.4%) | IRELAND — (0.4%) | IRELAND — (0.4%) | IRELAND — (0.4%) | IRELAND — (0.4%) |
| AerCap Ireland Capital <br> DAC/AerCap Global Aviation <br> Trust  | AerCap Ireland Capital <br> DAC/AerCap Global Aviation <br> Trust  | AerCap Ireland Capital <br> DAC/AerCap Global Aviation <br> Trust  |  |  |
|  | 6.500%, 07/15/25 |  | 880 | 881314 |
| JAPAN — (1.3%) | JAPAN — (1.3%) | JAPAN — (1.3%) | JAPAN — (1.3%) | JAPAN — (1.3%) |
| Japan Bank for <br> International Cooperation  | Japan Bank for <br> International Cooperation  |  |  |  |
|  | 0.625%, 07/15/25 |  | 468 | 464297 |
| Nomura Holdings, Inc.  | Nomura Holdings, Inc.  |  |  |  |
|  | 1.851%, 07/16/25 |  | 1800 | 1789458 |
| NTT Finance Corp.  | NTT Finance Corp.  |  |  |  |
| #Ω | 4.239%, 07/25/25 |  | 400 | 399704 |
| TOTAL JAPAN | TOTAL JAPAN |  |  | 2653459 |
| NETHERLANDS — (1.3%) | NETHERLANDS — (1.3%) | NETHERLANDS — (1.3%) | NETHERLANDS — (1.3%) | NETHERLANDS — (1.3%) |
| Cooperatieve Rabobank UA  | Cooperatieve Rabobank UA  | Cooperatieve Rabobank UA  |  |  |
| (r) | SOFR + 0.710%, <br> FRN, 5.087%, <br> 01/09/26<br>|  | 300 | 300747 |
| (r) | SOFR + 0.900%, <br> FRN, 5.277%, <br> 10/05/26<br>|  | 500 | 502455 |
| (r) | 3M Swap + 0.870%, <br> FRN, 4.987%, <br> 02/26/27<br>| AUD | 3000 | 1924264 |
| TOTAL NETHERLANDS | TOTAL NETHERLANDS |  |  | 2727466 |
| NORWAY — (1.5%) | NORWAY — (1.5%) | NORWAY — (1.5%) | NORWAY — (1.5%) | NORWAY — (1.5%) |
| Kommunalbanken AS  | Kommunalbanken AS  | Kommunalbanken AS  |  |  |
| (r) | SOFR + 1.000%, FRN, <br> 5.368%, 06/17/26<br>|  | 3200 | 3223825 |
| SINGAPORE — (3.1%) | SINGAPORE — (3.1%) | SINGAPORE — (3.1%) | SINGAPORE — (3.1%) | SINGAPORE — (3.1%) |
| DBS Group Holdings Ltd., <br> SOFR + 0.610%, FRN | DBS Group Holdings Ltd., <br> SOFR + 0.610%, FRN |  |  |  |
| (r) | 4.977%, 09/12/25 |  | 750 | 750374 |
| United Overseas Bank Ltd.  | United Overseas Bank Ltd.  | United Overseas Bank Ltd.  |  |  |
| (r) | 3M Swap + 0.720%, <br> FRN, 4.849%, <br> 02/24/27<br>| AUD | 3000 | 1923399 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  |  | **Face**<br> **Amount^**<br>| **Value†** |
|  |  |  | **(000)** |  |
| SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
| (r) | 3M Swap + 0.720%, <br> FRN, 4.723%, <br> 04/16/27<br>| AUD | 6000 | $3845492 |
| TOTAL SINGAPORE | TOTAL SINGAPORE |  |  | 6519265 |
| SUPRANATIONAL ORGANIZATION OBLIGATIONS — (1.9%) | SUPRANATIONAL ORGANIZATION OBLIGATIONS — (1.9%) | SUPRANATIONAL ORGANIZATION OBLIGATIONS — (1.9%) | SUPRANATIONAL ORGANIZATION OBLIGATIONS — (1.9%) | SUPRANATIONAL ORGANIZATION OBLIGATIONS — (1.9%) |
| Asian Infrastructure <br> Investment Bank  | Asian Infrastructure <br> Investment Bank  |  |  |  |
|  | 0.500%, 05/28/25 |  | 148 | 147561 |
| European Investment Bank  | European Investment Bank  |  |  |  |
|  | 1.250%, 05/12/25 | SEK | 35000 | 3620292 |
| International Bank for <br> Reconstruction & <br> Development, SOFR + <br> 0.180%, FRN | International Bank for <br> Reconstruction & <br> Development, SOFR + <br> 0.180%, FRN |  |  |  |
| (r) | 4.548%, 06/15/26 |  | 174 | 173906 |
| TOTAL SUPRANATIONAL <br> ORGANIZATION <br> OBLIGATIONS | TOTAL SUPRANATIONAL <br> ORGANIZATION <br> OBLIGATIONS |  |  | 3941759 |
| UNITED KINGDOM — (1.4%) | UNITED KINGDOM — (1.4%) | UNITED KINGDOM — (1.4%) | UNITED KINGDOM — (1.4%) | UNITED KINGDOM — (1.4%) |
| NatWest Markets PLC, <br> SOFR + 0.950%, FRN | NatWest Markets PLC, <br> SOFR + 0.950%, FRN |  |  |  |
| (r)Ω | 5.323%, 03/21/28 |  | 2000 | 1995573 |
| Reynolds American, Inc.  | Reynolds American, Inc.  |  |  |  |
|  | 4.450%, 06/12/25 |  | 1027 | 1026438 |
| TOTAL UNITED <br> KINGDOM | TOTAL UNITED <br> KINGDOM |  |  | 3022011 |
| UNITED STATES — (30.9%) | UNITED STATES — (30.9%) | UNITED STATES — (30.9%) | UNITED STATES — (30.9%) | UNITED STATES — (30.9%) |
| AbbVie, Inc.  | AbbVie, Inc.  |  |  |  |
|  | 3.600%, 05/14/25 |  | 100 | 99960 |
| Amcor Flexibles North <br> America, Inc.  | Amcor Flexibles North <br> America, Inc.  |  |  |  |
|  | 4.000%, 05/17/25 |  | 1245 | 1244015 |
| American Express Co., <br> SOFR + 0.650%, FRN | American Express Co., <br> SOFR + 0.650%, FRN |  |  |  |
| (r) | 5.012%, 11/04/26 |  | 266 | 265437 |
| American Honda Finance Corp.  | American Honda Finance Corp.  | American Honda Finance Corp.  |  |  |
| (r) | SOFR + 0.600%, <br> FRN, 4.962%, <br> 08/14/25<br>|  | 269 | 269062 |
| (r) | SOFR + 0.710%, <br> FRN, 5.087%, <br> 07/09/27<br>|  | 1661 | 1656359 |
| American Tower Corp.  | American Tower Corp.  |  |  |  |
|  | 4.000%, 06/01/25 |  | 270 | 269720 |
| Amgen, Inc.  | Amgen, Inc.  |  |  |  |
|  | 3.125%, 05/01/25 |  | 3000 | 3000000 |

---

------

**Enhanced U.S. Large Company Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount^**<br>| **Value†** |
|  |  | **(000)** |  |
| UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) |
| ARES Capital Corp.  | ARES Capital Corp.  |  |  |
|  | 3.250%, 07/15/25 | 1700 | $1694506 |
| Aviation Capital Group LLC  | Aviation Capital Group LLC  |  |  |
| Ω | 4.125%, 08/01/25 | 1700 | 1695365 |
| Bank of America NA, <br> SOFR + 1.020%, FRN | Bank of America NA, <br> SOFR + 1.020%, FRN |  |  |
| (r) | 5.384%, 08/18/26 | 300 | 301218 |
| Bristol-Myers Squibb Co., <br> SOFR + 0.490%, FRN | Bristol-Myers Squibb Co., <br> SOFR + 0.490%, FRN |  |  |
| (r) | 4.853%, 02/20/26 | 750 | 749939 |
| Cargill, Inc., SOFR + <br> 0.610%, FRN | Cargill, Inc., SOFR + <br> 0.610%, FRN |  |  |
| (r)Ω | 4.972%, 02/11/28 | 1750 | 1744529 |
| Caterpillar Financial Services <br> Corp.  | Caterpillar Financial Services <br> Corp.  |  |  |
| (r) | SOFR + 0.380%, <br> FRN, 4.757%, <br> 01/07/27<br>| 292 | 291245 |
| (r) | SOFR + 0.520%, <br> FRN, 4.888%, <br> 03/03/28<br>| 1500 | 1496811 |
| Citibank NA, SOFR + <br> 1.060%, FRN | Citibank NA, SOFR + <br> 1.060%, FRN |  |  |
| (r) | 5.429%, 12/04/26 | 1500 | 1504681 |
| CNO Financial Group, Inc.  | CNO Financial Group, Inc.  |  |  |
|  | 5.250%, 05/30/25 | 1800 | 1799894 |
| Comcast Corp.  | Comcast Corp.  |  |  |
|  | 3.375%, 08/15/25 | 1100 | 1095773 |
| DCP Midstream <br> Operating LP  | DCP Midstream <br> Operating LP  |  |  |
|  | 5.375%, 07/15/25 | 130 | 130027 |
| Devon Energy Corp.  | Devon Energy Corp.  |  |  |
|  | 5.850%, 12/15/25 | 149 | 149715 |
| Dollar Tree, Inc.  | Dollar Tree, Inc.  |  |  |
|  | 4.000%, 05/15/25 | 1800 | 1798995 |
| DTE Energy Co.  | DTE Energy Co.  |  |  |
|  | 1.050%, 06/01/25 | 340 | 338813 |
| EIDP, Inc.  | EIDP, Inc.  |  |  |
|  | 1.700%, 07/15/25 | 670 | 665702 |
| Energy Transfer LP  | Energy Transfer LP  |  |  |
|  | 2.900%, 05/15/25 | 2000 | 1998414 |
| Equinix, Inc.  | Equinix, Inc.  |  |  |
|  | 1.250%, 07/15/25 | 1570 | 1558426 |
| ERAC USA Finance LLC  | ERAC USA Finance LLC  |  |  |
| Ω | 3.800%, 11/01/25 | 2250 | 2239661 |
| Georgia Power Co., SOFR <br> + 0.280%, FRN | Georgia Power Co., SOFR <br> + 0.280%, FRN |  |  |
| (r) | 4.653%, 09/15/26 | 800 | 796575 |
| HCA, Inc.  | HCA, Inc.  |  |  |
|  | 7.690%, 06/15/25 | 400 | 400937 |
| Healthcare Realty <br> Holdings LP  | Healthcare Realty <br> Holdings LP  |  |  |
|  | 3.875%, 05/01/25 | 200 | 200000 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount^**<br>| **Value†** |
|  |  | **(000)** |  |
| UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) |
| HP, Inc.  | HP, Inc.  |  |  |
|  | 2.200%, 06/17/25 | 660 | $657601 |
| Huntington Bancshares, <br> Inc.  | Huntington Bancshares, <br> Inc.  |  |  |
|  | 4.000%, 05/15/25 | 530 | 529706 |
| Intel Corp.  | Intel Corp.  |  |  |
|  | 3.700%, 07/29/25 | 452 | 450824 |
| International Business <br> Machines Corp.  | International Business <br> Machines Corp.  |  |  |
|  | 4.000%, 07/27/25 | 300 | 299509 |
| John Deere Capital Corp.  | John Deere Capital Corp.  |  |  |
| (r) | SOFR + 0.440%, <br> FRN, 4.808%, <br> 03/06/26<br>| 500 | 499961 |
| (r) | SOFR + 0.790%, <br> FRN, 5.156%, <br> 06/08/26<br>| 1072 | 1076074 |
| (r) | SOFR + 0.500%, <br> FRN, 4.867%, <br> 03/06/28<br>| 400 | 399160 |
| JPMorgan Chase Bank <br> NA, SOFR + 1.000%, <br> FRN | JPMorgan Chase Bank <br> NA, SOFR + 1.000%, <br> FRN |  |  |
| (r) | 5.367%, 12/08/26 | 1700 | 1708918 |
| KeyBank NA  | KeyBank NA  |  |  |
|  | 3.300%, 06/01/25 | 340 | 339438 |
|  | 4.150%, 08/08/25 | 900 | 898246 |
| Lowe's Cos., Inc.  | Lowe's Cos., Inc.  |  |  |
|  | 4.400%, 09/08/25 | 1400 | 1398862 |
| Marathon Petroleum Corp.  | Marathon Petroleum Corp.  |  |  |
|  | 4.700%, 05/01/25 | 1000 | 1000000 |
| Mondelez International, <br> Inc.  | Mondelez International, <br> Inc.  |  |  |
|  | 1.500%, 05/04/25 | 50 | 49983 |
| Morgan Stanley Bank NA, <br> SOFR + 1.165%, FRN | Morgan Stanley Bank NA, <br> SOFR + 1.165%, FRN |  |  |
| (r) | 5.549%, 10/30/26 | 1350 | 1358033 |
| National Rural Utilities <br> Cooperative Finance Corp.  | National Rural Utilities <br> Cooperative Finance Corp.  |  |  |
| (r) | SOFR + 0.800%, <br> FRN, 5.160%, <br> 02/05/27<br>| 1218 | 1217808 |
| (r) | SOFR + 0.820%, <br> FRN, 5.189%, <br> 09/16/27<br>| 170 | 169819 |
| Netflix, Inc.  | Netflix, Inc.  |  |  |
| Ω | 3.625%, 06/15/25 | 240 | 239514 |
| NextEra Energy Capital <br> Holdings, Inc.  | NextEra Energy Capital <br> Holdings, Inc.  |  |  |
|  | 4.450%, 06/20/25 | 1400 | 1398660 |

---

------

**Enhanced U.S. Large Company Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount^**<br>| **Value†** |
|  |  | **(000)** |  |
| UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) |
| (r) | SOFR + 0.760%, <br> FRN, 5.143%, <br> 01/29/26<br>| 750 | $750372 |
| NiSource, Inc.  | NiSource, Inc.  |  |  |
|  | 0.950%, 08/15/25 | 1100 | 1088523 |
| Norfolk Southern Corp.  | Norfolk Southern Corp.  |  |  |
|  | 5.590%, 05/17/25 | 400 | 400176 |
| Oracle Corp.  | Oracle Corp.  |  |  |
|  | 2.950%, 05/15/25 | 1007 | 1006284 |
| Ovintiv, Inc.  | Ovintiv, Inc.  |  |  |
|  | 5.650%, 05/15/25 | 1815 | 1814322 |
| Pfizer Investment <br> Enterprises Pte. Ltd.  | Pfizer Investment <br> Enterprises Pte. Ltd.  |  |  |
|  | 4.650%, 05/19/25 | 2000 | 2000009 |
| Philip Morris International, <br> Inc.  | Philip Morris International, <br> Inc.  |  |  |
|  | 1.500%, 05/01/25 | 2340 | 2340000 |
| Principal Financial Group, <br> Inc.  | Principal Financial Group, <br> Inc.  |  |  |
|  | 3.400%, 05/15/25 | 174 | 173890 |
| Public Service Enterprise <br> Group, Inc.  | Public Service Enterprise <br> Group, Inc.  |  |  |
|  | 0.800%, 08/15/25 | 1300 | 1285324 |
| Public Storage Operating Co.  | Public Storage Operating Co.  |  |  |
| (r) | SOFR + 0.600%, <br> FRN, 4.981%, <br> 07/25/25<br>| 190 | 190116 |
| (r) | SOFR + 0.700%, <br> FRN, 5.077%, <br> 04/16/27<br>| 780 | 775565 |
| QUALCOMM, Inc.  | QUALCOMM, Inc.  |  |  |
|  | 3.450%, 05/20/25 | 151 | 150903 |
| Santander Holdings USA, Inc.  | Santander Holdings USA, Inc.  |  |  |
|  | 3.450%, 06/02/25 | 452 | 451194 |
|  | 4.500%, 07/17/25 | 1100 | 1098238 |
| Stryker Corp.  | Stryker Corp.  |  |  |
|  | 1.150%, 06/15/25 | 484 | 481825 |
| Synchrony Financial  | Synchrony Financial  |  |  |
|  | 4.500%, 07/23/25 | 1800 | 1797205 |
| Truist Financial Corp.  | Truist Financial Corp.  |  |  |
|  | 4.000%, 05/01/25 | 680 | 680000 |
| U.S. Bancorp  | U.S. Bancorp  |  |  |
|  | 1.450%, 05/12/25 | 1860 | 1858098 |
| Viatris, Inc.  | Viatris, Inc.  |  |  |
|  | 1.650%, 06/22/25 | 1000 | 993837 |
| Virginia Electric & Power <br> Co.  | Virginia Electric & Power <br> Co.  |  |  |
|  | 3.100%, 05/15/25 | 159 | 158884 |
| Welltower OP LLC  | Welltower OP LLC  |  |  |
|  | 4.000%, 06/01/25 | 750 | 749584 |
| Whirlpool Corp.  | Whirlpool Corp.  |  |  |
|  | 3.700%, 05/01/25 | 110 | 110000 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount^**<br>| **Value†** |
|  |  | **(000)** |  |
| UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) |
| Williams Cos., Inc.  | Williams Cos., Inc.  |  |  |
|  | 4.000%, 09/15/25 | 1500 | $1494945 |
| TOTAL UNITED STATES | TOTAL UNITED STATES |  | 64997189 |
| TOTAL BONDS | TOTAL BONDS |  | 115979309 |
| U.S. TREASURY OBLIGATIONS — (23.7%) | U.S. TREASURY OBLIGATIONS — (23.7%) | U.S. TREASURY OBLIGATIONS — (23.7%) | U.S. TREASURY OBLIGATIONS — (23.7%) |
| U.S. Treasury Bills  | U.S. Treasury Bills  |  |  |
| ∞ | 4.226%, 08/05/25  | 13000 | 12855093 |
| U.S. Treasury Notes  | U.S. Treasury Notes  |  |  |
|  | 0.250%, 05/31/25  | 1500 | 1494727 |
|  | 3.000%, 07/15/25  | 6500 | 6482036 |
|  | 2.000%, 08/15/25  | 2500 | 2482959 |
| (r) | 3M USTMMR + <br> 0.170%, FRN, <br> 4.415%, 10/31/25 <br>| 18500 | 18506430 |
| (r) | 3M USTMMR + <br> 0.150%, FRN, <br> 4.395%, 04/30/26 <br>| 8000 | 8001452 |
| TOTAL U.S. TREASURY <br> OBLIGATIONS | TOTAL U.S. TREASURY <br> OBLIGATIONS |  | 49822697 |
| COMMERCIAL PAPER — (20.8%) | COMMERCIAL PAPER — (20.8%) | COMMERCIAL PAPER — (20.8%) | COMMERCIAL PAPER — (20.8%) |
| AUSTRALIA — (0.9%) | AUSTRALIA — (0.9%) | AUSTRALIA — (0.9%) | AUSTRALIA — (0.9%) |
| Telstra Group Ltd. | Telstra Group Ltd. |  |  |
| Ω | 4.493%, 06/27/25 | 2000 | 1985425 |
| CANADA — (1.9%) | CANADA — (1.9%) | CANADA — (1.9%) | CANADA — (1.9%) |
| Canadian National Railway <br> Co. | Canadian National Railway <br> Co. |  |  |
| Ω | 4.630%, 05/29/25 | 2000 | 1992862 |
| Canadian Natural <br> Resources Ltd. | Canadian Natural <br> Resources Ltd. |  |  |
| Ω | 5.136%, 05/07/25 | 750 | 749310 |
| TELUS Corp. | TELUS Corp. |  |  |
| Ω | 5.064%, 06/18/25 | 250 | 248412 |
| Ω | 4.705%, 07/11/25 | 1000 | 990672 |
| TOTAL CANADA | TOTAL CANADA |  | 3981256 |
| GERMANY — (1.6%) | GERMANY — (1.6%) | GERMANY — (1.6%) | GERMANY — (1.6%) |
| BASF SE | BASF SE |  |  |
| Ω | 4.743%, 06/30/25 | 1500 | 1488001 |
| Ω | 4.616%, 11/07/25 | 500 | 488035 |
| VW Credit, Inc. | VW Credit, Inc. |  |  |
| Ω | 4.666%, 05/27/25 | 1500 | 1494758 |
| TOTAL GERMANY | TOTAL GERMANY |  | 3470794 |
| ITALY — (0.5%) | ITALY — (0.5%) | ITALY — (0.5%) | ITALY — (0.5%) |
| Enel Finance America LLC | Enel Finance America LLC |  |  |
| Ω | 4.698%, 06/06/25 | 1000 | 995211 |

---

------

**Enhanced U.S. Large Company Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount^**<br>| **Value†** |
|  |  | **(000)** |  |
| SWITZERLAND — (1.1%) | SWITZERLAND — (1.1%) | SWITZERLAND — (1.1%) | SWITZERLAND — (1.1%) |
| Tyco Electronics Group SA | Tyco Electronics Group SA |  |  |
| Ω | 4.672%, 05/06/25 | 1750 | $1748662 |
| Ω | 4.733%, 05/07/25 | 500 | 499554 |
| TOTAL SWITZERLAND | TOTAL SWITZERLAND |  | 2248216 |
| UNITED KINGDOM — (1.9%) | UNITED KINGDOM — (1.9%) | UNITED KINGDOM — (1.9%) | UNITED KINGDOM — (1.9%) |
| BAT International Finance <br> PLC | BAT International Finance <br> PLC |  |  |
| Ω | 4.812%, 05/05/25 | 500 | 499682 |
| LSEGA Financing PLC | LSEGA Financing PLC |  |  |
| Ω | 4.681%, 05/19/25 | 1500 | 1496380 |
| Reckitt Benckiser Treasury <br> Services PLC | Reckitt Benckiser Treasury <br> Services PLC |  |  |
| Ω | 4.727%, 06/23/25 | 2000 | 1986146 |
| TOTAL UNITED <br> KINGDOM | TOTAL UNITED <br> KINGDOM |  | 3982208 |
| UNITED STATES — (12.9%) | UNITED STATES — (12.9%) | UNITED STATES — (12.9%) | UNITED STATES — (12.9%) |
| American Electric Power <br> Co., Inc. | American Electric Power <br> Co., Inc. |  |  |
| Ω | 4.703%, 05/06/25 | 1250 | 1249045 |
| Aon Corp. | Aon Corp. |  |  |
| Ω | 4.650%, 05/19/25 | 1750 | 1745777 |
| Avangrid, Inc. | Avangrid, Inc. |  |  |
| Ω | 4.556%, 05/09/25 | 1500 | 1498276 |
| Boston Properties LP | Boston Properties LP |  |  |
| Ω | 4.845%, 05/14/25 | 500 | 499098 |
| BP Capital Markets PLC | BP Capital Markets PLC |  |  |
| Ω | 4.594%, 06/24/25 | 2000 | 1986388 |
| Broadcom, Inc. | Broadcom, Inc. |  |  |
| Ω | 4.764%, 05/28/25 | 1000 | 996365 |
| Campbell's Co. | Campbell's Co. |  |  |
| Ω | 4.591%, 05/20/25 | 500 | 498707 |
| Conagra Brands, Inc. | Conagra Brands, Inc. |  |  |
| Ω | 5.151%, 05/29/25 | 1250 | 1245108 |
| CRH America Finance, Inc. | CRH America Finance, Inc. |  |  |
| Ω | 4.852%, 07/24/25 | 1500 | 1483466 |
| Crown Castle, Inc. | Crown Castle, Inc. |  |  |
| Ω | 4.982%, 05/07/25 | 500 | 499528 |
| Dow Chemical Co. | Dow Chemical Co. |  |  |
|  | 4.799%, 06/04/25 | 1500 | 1493146 |
| Duke Energy Corp. | Duke Energy Corp. |  |  |
| Ω | 4.593%, 05/05/25 | 250 | 249843 |
| EIDP, Inc. | EIDP, Inc. |  |  |
| Ω | 4.645%, 05/20/25 | 1250 | 1246785 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount^**<br>| **Value†** |
|  |  | **(000)** |  |
| UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) |
| Enbridge U.S., Inc. | Enbridge U.S., Inc. |  |  |
| Ω | 4.806%, 05/20/25 | 1250 | $1246781 |
| Honeywell International, <br> Inc. | Honeywell International, <br> Inc. |  |  |
| Ω | 4.579%, 08/27/25 | 2000 | 1971661 |
| HSBC USA, Inc. | HSBC USA, Inc. |  |  |
| Ω | 4.544%, 06/26/25 | 1000 | 992880 |
| Jabil, Inc. | Jabil, Inc. |  |  |
| Ω | 5.021%, 05/02/25 | 1250 | 1249643 |
| Marriott International, Inc. | Marriott International, Inc. |  |  |
| Ω | 4.797%, 05/21/25 | 1250 | 1246545 |
| Mosaic Co. | Mosaic Co. |  |  |
| Ω | 4.781%, 05/06/25 | 1250 | 1249040 |
| Parker-Hannifin Corp. | Parker-Hannifin Corp. |  |  |
| Ω | 4.664%, 06/03/25 | 1733 | 1725373 |
| RTX Corp. | RTX Corp. |  |  |
| Ω | 4.792%, 05/28/25 | 1250 | 1245446 |
| Stanley Black & Decker, <br> Inc. | Stanley Black & Decker, <br> Inc. |  |  |
| Ω | 4.911%, 06/24/25 | 1500 | 1489367 |
| TOTAL UNITED STATES | TOTAL UNITED STATES |  | 27108268 |
| TOTAL COMMERCIAL <br> PAPER <br>(Cost $43,775,672) | TOTAL COMMERCIAL <br> PAPER <br>(Cost $43,775,672) |  | 43771378 |
| FOREIGN SOVEREIGN OBLIGATIONS — (0.3%) | FOREIGN SOVEREIGN OBLIGATIONS — (0.3%) | FOREIGN SOVEREIGN OBLIGATIONS — (0.3%) | FOREIGN SOVEREIGN OBLIGATIONS — (0.3%) |
| CANADA — (0.3%) | CANADA — (0.3%) | CANADA — (0.3%) | CANADA — (0.3%) |
| Quebec Treasury Bills | Quebec Treasury Bills |  |  |
| ∞ | 3.650%, 05/02/25<br> CAD | 800 | 580212 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $209,786,208) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $209,786,208) |  | 210153596 |

---

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** |  |
| SECURITIES LENDING COLLATERAL — (0.1%) | SECURITIES LENDING COLLATERAL — (0.1%) | SECURITIES LENDING COLLATERAL — (0.1%) | SECURITIES LENDING COLLATERAL — (0.1%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 26343 | 304657 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $210,090,865) | (Cost $210,090,865) |  | $210458253 |

---

------

**Enhanced U.S. Large Company Portfolio**

**CONTINUED**

As of April 30, 2025, Enhanced U.S. Large Company Portfolio had entered into the following forward currency contracts and the net unrealized forward currency gain (loss) is reflected in the accompanying financial statements:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Currency Purchased** | **Currency Purchased** | **Currency Sold** | **Currency Sold** | **Counterparty** | **Settlement**<br> **Date**<br>| **Unrealized**<br> **Foreign**<br> **Exchange**<br> **Appreciation**<br> **(Depreciation)**<br>|
| AUD | 3657574 | USD | 2329894 | Citibank, N.A. | 05/12/25 | &nbsp;&nbsp;&nbsp;&nbsp; $13172 |
| AUD | 4142750 | USD | 2508133 | NatWest Markets PLC | 05/12/25 | &nbsp;&nbsp;&nbsp;&nbsp; 145741 |
| CAD | 9957534 | USD | 6970808 | NatWest Markets PLC | 05/14/25 | &nbsp;&nbsp;&nbsp;&nbsp; 256804 |
| CAD | 3485676 | USD | 2432558 | State Street Bank and Trust | 05/14/25 | &nbsp;&nbsp;&nbsp;&nbsp; 97498 |
| GBP | 3853030 | USD | 4918117 | State Street Bank and Trust | 06/20/25 | &nbsp;&nbsp;&nbsp;&nbsp; 217779 |
| **Total Appreciation** | **Total Appreciation** | **Total Appreciation** | **Total Appreciation** |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **$730994** |
| USD | 7073819 | AUD | 11223634 | Bank of New York Mellon | 05/12/25 | &nbsp;&nbsp;&nbsp;&nbsp; $(116116)<br>|
| USD | 9837656 | AUD | 15655008 | Societe Generale | 05/12/25 | &nbsp;&nbsp;&nbsp;&nbsp; (191047)<br>|
| USD | 9448660 | CAD | 13443210 | State Street Bank and Trust | 05/14/25 | &nbsp;&nbsp;&nbsp;&nbsp; (309007)<br>|
| USD | 3336822 | SEK | 35241202 | Bank of America Corp. | 05/28/25 | &nbsp;&nbsp;&nbsp;&nbsp; (314353)<br>|
| USD | 577513 | CAD | 798680 | Citibank, N.A. | 06/16/25 | &nbsp;&nbsp;&nbsp;&nbsp; (3168)<br>|
| USD | 4992799 | GBP | 3853030 | Citibank, N.A. | 06/20/25 | &nbsp;&nbsp;&nbsp;&nbsp; (143096)<br>|
| USD | 3893891 | AUD | 6105392 | UBS AG | 07/30/25 | &nbsp;&nbsp;&nbsp;&nbsp; (20971)<br>|
| **Total (Depreciation)** | **Total (Depreciation)** | **Total (Depreciation)** | **Total (Depreciation)** |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **$(1097758)**<br>|
| **Total Appreciation**<br> **(Depreciation)** | **Total Appreciation**<br> **(Depreciation)** | **Total Appreciation**<br> **(Depreciation)** | **Total Appreciation**<br> **(Depreciation)** |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **$(366764)**<br>|

---

As of April 30, 2025, Enhanced U.S. Large Company Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 768 | 06/20/25 | &nbsp;&nbsp; $235047134 | &nbsp;&nbsp; $214540800 | &nbsp;&nbsp; $(20506334)<br>|
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$235047134** | &nbsp;&nbsp; **$214540800** | &nbsp;&nbsp; **$(20506334)**<br>|

---

As of April 30, 2025, the value of Rule 144A securities amounted to $56,803,787 or 27.0% of net assets.

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Bonds |  |  |  |  |
| Australia | &nbsp;&nbsp; — | &nbsp;&nbsp; $15721429 | &nbsp;&nbsp; — | &nbsp;&nbsp; $15721429 |
| Canada | &nbsp;&nbsp; — | &nbsp;&nbsp; 8097404 | &nbsp;&nbsp; — | &nbsp;&nbsp; 8097404 |
| France | &nbsp;&nbsp; — | &nbsp;&nbsp; 3115949 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3115949 |
| Germany | &nbsp;&nbsp; — | &nbsp;&nbsp; 1078239 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1078239 |
| Ireland | &nbsp;&nbsp; — | &nbsp;&nbsp; 881314 | &nbsp;&nbsp; — | &nbsp;&nbsp; 881314 |
| Japan | &nbsp;&nbsp; — | &nbsp;&nbsp; 2653459 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2653459 |
| Netherlands | &nbsp;&nbsp; — | &nbsp;&nbsp; 2727466 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2727466 |
| Norway | &nbsp;&nbsp; — | &nbsp;&nbsp; 3223825 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3223825 |

---

------

**Enhanced U.S. Large Company Portfolio**

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Singapore | &nbsp;&nbsp; — | &nbsp;&nbsp; $6519265 | &nbsp;&nbsp; — | &nbsp;&nbsp; $6519265 |
| Supranational Organization Obligations | &nbsp;&nbsp; — | &nbsp;&nbsp; 3941759 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3941759 |
| United Kingdom | &nbsp;&nbsp; — | &nbsp;&nbsp; 3022011 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3022011 |
| United States | &nbsp;&nbsp; — | &nbsp;&nbsp; 64997189 | &nbsp;&nbsp; — | &nbsp;&nbsp; 64997189 |
| U.S. Treasury Obligations | &nbsp;&nbsp; — | &nbsp;&nbsp; 49822697 | &nbsp;&nbsp; — | &nbsp;&nbsp; 49822697 |
| Commercial Paper | &nbsp;&nbsp; — | &nbsp;&nbsp; 43771378 | &nbsp;&nbsp; — | &nbsp;&nbsp; 43771378 |
| Foreign Sovereign Obligations | &nbsp;&nbsp; — | &nbsp;&nbsp; 580212 | &nbsp;&nbsp; — | &nbsp;&nbsp; 580212 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 304657 | &nbsp;&nbsp; — | &nbsp;&nbsp; 304657 |
| Total Investments in Securities | &nbsp;&nbsp; — | &nbsp;&nbsp; $210458253 | &nbsp;&nbsp; — | &nbsp;&nbsp; $210458253 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Forward Currency Contracts\*\* | &nbsp;&nbsp; — | &nbsp;&nbsp; 730994 | &nbsp;&nbsp; — | &nbsp;&nbsp; 730994 |
| **Liabilities** |  |  |  |  |
| Forward Currency Contracts\*\* | &nbsp;&nbsp; — | &nbsp;&nbsp; (1097758) | &nbsp;&nbsp; — | &nbsp;&nbsp; (1097758) |
| Futures Contracts\*\* | &nbsp;&nbsp; $(20506334) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (20506334) |
| Total Financial Instruments | &nbsp;&nbsp; $(20506334) | &nbsp;&nbsp; $(366764) | &nbsp;&nbsp; — | &nbsp;&nbsp; $(20873098) |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

See accompanying Notes to Financial Statements.

------

**U.S. Large Cap Equity Portfolio**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)**

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMON STOCKS — (98.0%) | COMMON STOCKS — (98.0%) | COMMON STOCKS — (98.0%) | COMMON STOCKS — (98.0%) |
| COMMUNICATION SERVICES — (9.4%) | COMMUNICATION SERVICES — (9.4%) | COMMUNICATION SERVICES — (9.4%) | COMMUNICATION SERVICES — (9.4%) |
|  | Alphabet, Inc. (GOOG <br> US), Class C<br>| 227868 | $36661683 |
|  | Alphabet, Inc. (GOOGL <br> US), Class A<br>| 248464 | 39456083 |
|  | AT&T, Inc. | 276787 | 7667000 |
| \* | Charter <br> Communications, <br> Inc., Class A<br>| 10943 | 4288124 |
|  | Comcast Corp., <br> Class A<br>| 197002 | 6737468 |
|  | Electronic Arts, Inc. | 16984 | 2464209 |
|  | Fox Corp. (FOX US), <br> Class B<br>| 18147 | 839117 |
|  | Fox Corp. (FOXA US), <br> Class A<br>| 16970 | 844936 |
|  | Interpublic Group of <br> Cos., Inc.<br>| 2718 | 68276 |
| \* | Liberty Media <br> Corp.-Liberty <br> Formula One <br> (FWONA US), <br> Class A<br>| 1915 | 154253 |
| \* | Liberty Media <br> Corp.-Liberty <br> Formula One <br> (FWONK US), <br> Class C<br>| 11140 | 987784 |
| \* | Live Nation <br> Entertainment, Inc.<br>| 12130 | 1606619 |
|  | Meta Platforms, Inc., <br> Class A<br>| 82349 | 45209601 |
| \* | Netflix, Inc. | 13220 | 14961339 |
|  | News Corp. (NWS <br> US), Class B<br>| 17510 | 550164 |
|  | News Corp. (NWSA <br> US), Class A<br>| 26425 | 716646 |
|  | Omnicom Group, Inc. | 15656 | 1192361 |
| \* | Pinterest, Inc., Class A | 32032 | 811050 |
| \* | ROBLOX Corp., <br> Class A<br>| 11726 | 786228 |
| \* | Snap, Inc., Class A | 94229 | 750063 |
| \* | Spotify Technology SA | 3689 | 2264972 |
| \* | Take-Two Interactive <br> Software, Inc.<br>| 6601 | 1540145 |
|  | TKO Group Holdings, <br> Inc.<br>| 3615 | 588920 |
|  | T-Mobile U.S., Inc. | 25495 | 6295990 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
| \* | Trade Desk, Inc., <br> Class A<br>| 12538 | $672413 |
|  | Verizon <br> Communications, <br> Inc.<br>| 211370 | 9312962 |
|  | Walt Disney Co. | 45763 | 4162145 |
| \* | Warner Bros <br> Discovery, Inc.<br>| 128813 | 1116809 |
|  | Warner Music Group <br> Corp., Class A<br>| 12595 | 383518 |
| TOTAL COMMUNICATION <br> SERVICES | TOTAL COMMUNICATION <br> SERVICES |  | 193090878 |
| CONSUMER DISCRETIONARY — (9.8%) | CONSUMER DISCRETIONARY — (9.8%) | CONSUMER DISCRETIONARY — (9.8%) | CONSUMER DISCRETIONARY — (9.8%) |
| \* | Airbnb, Inc., Class A | 12253 | 1493886 |
| \* | Amazon.com, Inc. | 355781 | 65613132 |
| \* | Aptiv PLC | 15049 | 858696 |
| \* | AutoZone, Inc. | 840 | 3160584 |
|  | Best Buy Co., Inc. | 18522 | 1235232 |
|  | Booking Holdings, Inc. | 1260 | 6425093 |
| \* | Burlington Stores, Inc. | 4681 | 1053412 |
| \* | CarMax, Inc. | 784 | 50701 |
| \* | Carnival Corp. | 48950 | 897743 |
| \* | Carvana Co. | 8228 | 2010512 |
| \* | Chewy, Inc., Class A | 7542 | 282825 |
| \* | Chipotle Mexican Grill, <br> Inc.<br>| 53400 | 2697768 |
| \* | Coupang, Inc. | 53365 | 1247140 |
|  | Darden Restaurants, <br> Inc.<br>| 8012 | 1607528 |
| \* | Deckers Outdoor <br> Corp.<br>| 9359 | 1037258 |
|  | Dick's Sporting Goods, <br> Inc.<br>| 5481 | 1029003 |
|  | Domino's Pizza, Inc. | 2676 | 1312230 |
| \* | DoorDash, Inc., <br> Class A<br>| 4553 | 878228 |
|  | DR Horton, Inc. | 22951 | 2899629 |
| \* | DraftKings, Inc., <br> Class A<br>| 22508 | 749291 |
| \* | Duolingo, Inc. | 1802 | 701843 |
|  | eBay, Inc. | 39840 | 2715494 |
|  | Expedia Group, Inc. | 8564 | 1343949 |
| \* | Flutter Entertainment <br> PLC<br>| 4432 | 1068068 |
|  | Ford Motor Co. | 313381 | 3136944 |
|  | Garmin Ltd. | 11932 | 2229733 |
|  | General Motors Co. | 88529 | 4005052 |
|  | Genuine Parts Co. | 10835 | 1273654 |

---

------

**U.S. Large Cap Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Hilton Worldwide <br> Holdings, Inc.<br>| 16008 | $3609484 |
|  | Home Depot, Inc. | 42583 | 15350746 |
|  | Las Vegas Sands <br> Corp.<br>| 48097 | 1763717 |
|  | Lennar Corp. (LEN <br> US), Class A<br>| 12437 | 1350783 |
|  | Lennar Corp. (LENB <br> US), Class B<br>| 921 | 95204 |
|  | Lowe's Cos., Inc. | 21072 | 4710856 |
| \* | Lululemon Athletica, <br> Inc.<br>| 9156 | 2479170 |
|  | Marriott International, <br> Inc., Class A<br>| 8546 | 2038905 |
|  | McDonald's Corp. | 27487 | 8786220 |
|  | NIKE, Inc., Class B | 54384 | 3067258 |
| \* | NVR, Inc. | 234 | 1667426 |
| \* | O'Reilly Automotive, <br> Inc.<br>| 2202 | 3116270 |
|  | Penske Automotive <br> Group, Inc.<br>| 6648 | 1034894 |
|  | Pool Corp. | 337 | 98788 |
|  | PulteGroup, Inc. | 15209 | 1560139 |
|  | Ralph Lauren Corp. | 973 | 218876 |
| \* | Rivian Automotive, <br> Inc., Class A<br>| 87798 | 1199321 |
|  | Ross Stores, Inc. | 25009 | 3476251 |
|  | Royal Caribbean <br> Cruises Ltd.<br>| 12792 | 2749129 |
| \* | SharkNinja, Inc. | 6088 | 490084 |
|  | Starbucks Corp. | 41950 | 3358097 |
|  | Tapestry, Inc. | 14717 | 1039756 |
| \* | Tesla, Inc. | 37202 | 10496916 |
|  | TJX Cos., Inc. | 44806 | 5765636 |
|  | Tractor Supply Co. | 35424 | 1793163 |
| \* | Ulta Beauty, Inc. | 3474 | 1374453 |
|  | Williams-Sonoma, Inc. | 8419 | 1300483 |
|  | Yum! Brands, Inc. | 18276 | 2749441 |
| TOTAL CONSUMER <br> DISCRETIONARY | TOTAL CONSUMER <br> DISCRETIONARY |  | 199756094 |
| CONSUMER STAPLES — (7.0%) | CONSUMER STAPLES — (7.0%) | CONSUMER STAPLES — (7.0%) | CONSUMER STAPLES — (7.0%) |
|  | Albertsons Cos., Inc., <br> Class A<br>| 43143 | 948283 |
|  | Altria Group, Inc. | 70246 | 4155051 |
|  | Archer-Daniels-Midland <br> Co.<br>| 22372 | 1068263 |
| \* | BJ's Wholesale Club <br> Holdings, Inc.<br>| 11001 | 1293278 |
|  | Brown-Forman Corp. <br> (BF/A US), Class A<br>| 2905 | 100542 |
|  | Brown-Forman Corp. <br> (BFB US), Class B<br>| 2439 | 84975 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
|  | Casey's General <br> Stores, Inc.<br>| 3045 | $1408587 |
|  | Church & Dwight Co., <br> Inc.<br>| 14795 | 1469735 |
|  | Clorox Co. | 8357 | 1189201 |
|  | Coca-Cola Co. | 165359 | 11996795 |
|  | Colgate-Palmolive Co. | 32061 | 2955704 |
|  | Conagra Brands, Inc. | 26535 | 655680 |
|  | Constellation Brands, <br> Inc., Class A<br>| 13285 | 2491469 |
|  | Costco Wholesale <br> Corp.<br>| 17884 | 17785638 |
|  | Dollar General Corp. | 6025 | 564482 |
|  | Estee Lauder Cos., <br> Inc., Class A<br>| 18709 | 1121792 |
|  | General Mills, Inc. | 41614 | 2361178 |
|  | Hershey Co. | 11726 | 1960470 |
|  | Hormel Foods Corp. | 39804 | 1190140 |
|  | J.M. Smucker Co. | 2863 | 332881 |
|  | Kenvue, Inc. | 176688 | 4169837 |
|  | Keurig Dr. Pepper, Inc. | 70006 | 2421507 |
|  | Kimberly-Clark Corp. | 27957 | 3684173 |
|  | Kraft Heinz Co. | 63912 | 1859839 |
|  | Kroger Co. | 61863 | 4467127 |
|  | McCormick & Co., Inc. <br> (MKC US)<br>| 11980 | 918387 |
|  | McCormick & Co., Inc. <br> (MKC/V US)<br>| 210 | 16105 |
|  | Molson Coors <br> Beverage Co., <br> Class B<br>| 9246 | 531922 |
|  | Mondelez International, <br> Inc., Class A<br>| 41878 | 2853148 |
| \* | Monster Beverage <br> Corp.<br>| 56159 | 3376279 |
|  | PepsiCo, Inc. | 61128 | 8287734 |
| \* | Performance Food <br> Group Co.<br>| 1494 | 120506 |
|  | Philip Morris <br> International, Inc.<br>| 64444 | 11043124 |
|  | Primo Brands Corp. | 26500 | 865755 |
|  | Procter & Gamble Co. | 110484 | 17961384 |
| \* | Sprouts Farmers <br> Market, Inc.<br>| 6991 | 1195461 |
|  | Sysco Corp. | 39264 | 2803450 |
|  | Target Corp. | 24996 | 2417113 |
|  | Tyson Foods, Inc., <br> Class A<br>| 21893 | 1340727 |
| \* | U.S. Foods Holding <br> Corp.<br>| 20207 | 1326792 |
|  | Walmart, Inc. | 169632 | 16496712 |
| TOTAL CONSUMER <br> STAPLES | TOTAL CONSUMER <br> STAPLES |  | 143291226 |

---

------

**U.S. Large Cap Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (4.1%) | ENERGY — (4.1%) | ENERGY — (4.1%) | ENERGY — (4.1%) |
|  | Baker Hughes Co. | 73495 | $2601723 |
|  | Cheniere Energy, Inc. | 14297 | 3304180 |
|  | Chevron Corp. | 64902 | 8830566 |
|  | ConocoPhillips | 47734 | 4254054 |
|  | Coterra Energy, Inc. | 52180 | 1281541 |
|  | Devon Energy Corp. | 53804 | 1636180 |
|  | Diamondback Energy, <br> Inc.<br>| 15211 | 2008004 |
|  | EOG Resources, Inc. | 26514 | 2925290 |
|  | EQT Corp. | 31137 | 1539413 |
|  | Expand Energy Corp. | 15700 | 1631230 |
|  | Exxon Mobil Corp. | 194341 | 20528240 |
|  | Halliburton Co. | 68568 | 1359018 |
|  | Hess Corp. | 25899 | 3342266 |
|  | Kinder Morgan, Inc. | 117037 | 3078073 |
|  | Marathon Petroleum <br> Corp.<br>| 21814 | 2997462 |
|  | Occidental Petroleum <br> Corp.<br>| 74757 | 2946173 |
|  | ONEOK, Inc. | 33828 | 2779308 |
|  | Phillips 66 | 21139 | 2199724 |
|  | Schlumberger NV | 110460 | 3672795 |
|  | Targa Resources <br> Corp.<br>| 14639 | 2501805 |
|  | TechnipFMC PLC | 22503 | 633910 |
|  | Texas Pacific Land <br> Corp.<br>| 1513 | 1950060 |
|  | Valero Energy Corp. | 22300 | 2588807 |
|  | Williams Cos., Inc. | 40307 | 2360781 |
| TOTAL ENERGY | TOTAL ENERGY |  | 82950603 |
| FINANCIALS — (13.9%) | FINANCIALS — (13.9%) | FINANCIALS — (13.9%) | FINANCIALS — (13.9%) |
| \* | Affirm Holdings, Inc. | 11718 | 583088 |
|  | Aflac, Inc. | 13698 | 1488699 |
|  | Allstate Corp. | 18896 | 3748777 |
|  | American Express Co. | 29340 | 7816469 |
|  | American International <br> Group, Inc.<br>| 31704 | 2584510 |
|  | Ameriprise Financial, <br> Inc.<br>| 7698 | 3625912 |
|  | Aon PLC, Class A | 7695 | 2730109 |
|  | Apollo Global <br> Management, Inc.<br>| 13010 | 1775605 |
|  | Arch Capital Group <br> Ltd.<br>| 27365 | 2481458 |
|  | ARES Management <br> Corp., Class A<br>| 9422 | 1437138 |
|  | Arthur J Gallagher & <br> Co.<br>| 5466 | 1752891 |
|  | Bank of America Corp. | 173590 | 6922769 |
|  | Bank of New York <br> Mellon Corp.<br>| 37726 | 3033548 |
| \* | Berkshire Hathaway, <br> Inc., Class B<br>| 47099 | 25115542 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Blackrock, Inc. | 3111 | $2844263 |
|  | Blackstone, Inc. | 15760 | 2075750 |
| \* | Block, Inc. | 25559 | 1494435 |
|  | Brown & Brown, Inc. | 17692 | 1956735 |
|  | Capital One Financial <br> Corp.<br>| 9780 | 1762943 |
|  | Carlyle Group, Inc. | 27159 | 1049424 |
|  | Cboe Global Markets, <br> Inc.<br>| 6406 | 1420851 |
|  | Charles Schwab Corp. | 56168 | 4572075 |
|  | Chubb Ltd. | 9756 | 2790996 |
|  | Cincinnati Financial <br> Corp.<br>| 8366 | 1164631 |
|  | Citigroup, Inc. | 58141 | 3975682 |
|  | Citizens Financial <br> Group, Inc.<br>| 33760 | 1245406 |
|  | CME Group, Inc. | 7702 | 2134070 |
| \* | Coinbase Global, Inc., <br> Class A<br>| 12854 | 2607948 |
|  | Corebridge Financial, <br> Inc.<br>| 54237 | 1607042 |
| \* | Corpay, Inc. | 5208 | 1694527 |
|  | Discover Financial <br> Services<br>| 18031 | 3293723 |
|  | East West Bancorp, <br> Inc.<br>| 1417 | 121224 |
|  | Equitable Holdings, <br> Inc.<br>| 23936 | 1183635 |
|  | Erie Indemnity Co., <br> Class A<br>| 3277 | 1175198 |
|  | Everest Group Ltd. | 3649 | 1309371 |
|  | FactSet Research <br> Systems, Inc.<br>| 2720 | 1175638 |
|  | Fidelity National <br> Financial, Inc.<br>| 22132 | 1417555 |
|  | Fidelity National <br> Information Services, <br> Inc.<br>| 37807 | 2982216 |
|  | Fifth Third Bancorp | 43073 | 1548044 |
|  | First Citizens <br> BancShares, Inc., <br> Class A<br>| 686 | 1220490 |
| \* | Fiserv, Inc. | 18257 | 3369694 |
|  | Global Payments, Inc. | 11987 | 914728 |
|  | Goldman Sachs <br> Group, Inc.<br>| 7918 | 4335501 |
|  | Hartford Insurance <br> Group, Inc.<br>| 23179 | 2843368 |
|  | Huntington <br> Bancshares, Inc.<br>| 75475 | 1096652 |
|  | Interactive Brokers <br> Group, Inc., Class A<br>| 2300 | 395255 |
|  | Intercontinental <br> Exchange, Inc.<br>| 11915 | 2001363 |

---

------

**U.S. Large Cap Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Jack Henry & <br> Associates, Inc.<br>| 4541 | $787546 |
|  | Jefferies Financial <br> Group, Inc.<br>| 13597 | 635388 |
|  | JPMorgan Chase & <br> Co.<br>| 104343 | 25524385 |
|  | KeyCorp | 81559 | 1210336 |
|  | KKR & Co., Inc. | 13319 | 1521962 |
|  | Loews Corp. | 11374 | 987604 |
|  | LPL Financial <br> Holdings, Inc.<br>| 5898 | 1886121 |
|  | M&T Bank Corp. | 8401 | 1426154 |
| \* | Markel Group, Inc. | 912 | 1658563 |
|  | Marsh & McLennan <br> Cos., Inc.<br>| 18895 | 4260256 |
|  | Mastercard, Inc., <br> Class A<br>| 34892 | 19122909 |
|  | MetLife, Inc. | 51339 | 3869420 |
|  | Moody's Corp. | 6409 | 2904046 |
|  | Morgan Stanley | 45991 | 5308281 |
|  | Morningstar, Inc. | 182 | 51819 |
|  | MSCI, Inc. | 5205 | 2837297 |
|  | Nasdaq, Inc. | 25109 | 1913557 |
|  | Northern Trust Corp. | 16217 | 1524074 |
| \* | PayPal Holdings, Inc. | 31240 | 2056842 |
|  | PNC Financial <br> Services Group, Inc.<br>| 9899 | 1590670 |
|  | Principal Financial <br> Group, Inc.<br>| 18106 | 1342560 |
|  | Progressive Corp. | 28621 | 8063680 |
|  | Prudential Financial, <br> Inc.<br>| 19921 | 2046086 |
|  | Raymond James <br> Financial, Inc.<br>| 14591 | 1999551 |
|  | Regions Financial <br> Corp.<br>| 65047 | 1327609 |
|  | Reinsurance Group of <br> America, Inc.<br>| 3658 | 685180 |
|  | RenaissanceRe <br> Holdings Ltd.<br>| 3272 | 791595 |
| \* | Robinhood Markets, <br> Inc., Class A<br>| 49376 | 2424855 |
|  | Rocket Cos., Inc., <br> Class A<br>| 2917 | 37658 |
|  | S&P Global, Inc. | 6645 | 3322832 |
| \* | SoFi Technologies, <br> Inc.<br>| 11217 | 140325 |
|  | State Street Corp. | 20144 | 1774686 |
|  | Synchrony Financial | 27961 | 1452574 |
|  | T. Rowe Price Group, <br> Inc.<br>| 15476 | 1370400 |
| \* | Toast, Inc., Class A | 23139 | 823286 |
|  | Tradeweb Markets, <br> Inc., Class A<br>| 5189 | 717639 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Travelers Cos., Inc. | 12357 | $3263854 |
|  | Truist Financial Corp. | 67840 | 2600986 |
|  | U.S. Bancorp | 38293 | 1544740 |
|  | Unum Group | 14689 | 1140748 |
|  | Visa, Inc., Class A | 70201 | 24254445 |
|  | W.R. Berkley Corp. | 26851 | 1924948 |
|  | Wells Fargo & Co. | 110486 | 7845611 |
|  | Willis Towers Watson <br> PLC<br>| 8478 | 2609528 |
| TOTAL FINANCIALS | TOTAL FINANCIALS |  | 284459554 |
| HEALTH CARE — (10.2%) | HEALTH CARE — (10.2%) | HEALTH CARE — (10.2%) | HEALTH CARE — (10.2%) |
|  | Abbott Laboratories | 57157 | 7473278 |
|  | AbbVie, Inc. | 75789 | 14786434 |
| †† | Abiomed, Inc. | 2233 | 34857 |
|  | Agilent Technologies, <br> Inc.<br>| 16451 | 1770128 |
| \* | Alnylam <br> Pharmaceuticals, <br> Inc.<br>| 4305 | 1133248 |
|  | Amgen, Inc. | 26854 | 7812366 |
| \* | Avantor, Inc. | 8174 | 106180 |
|  | Baxter International, <br> Inc.<br>| 40105 | 1250073 |
|  | Becton Dickinson & <br> Co.<br>| 10795 | 2235537 |
| \* | Biogen, Inc. | 7192 | 870807 |
| \* | Boston Scientific Corp. | 40369 | 4152759 |
|  | Bristol-Myers Squibb <br> Co.<br>| 113237 | 5684497 |
|  | Cardinal Health, Inc. | 16264 | 2297941 |
|  | Cencora, Inc. | 13910 | 4071040 |
| \* | Centene Corp. | 23101 | 1382595 |
|  | Cigna Group | 10516 | 3575861 |
| \* | Cooper Cos., Inc. | 13413 | 1095440 |
|  | CVS Health Corp. | 31083 | 2073547 |
|  | Danaher Corp. | 14931 | 2976196 |
| \* | DaVita, Inc. | 5940 | 840807 |
| \* | Dexcom, Inc. | 9115 | 650629 |
| \* | Edwards Lifesciences <br> Corp.<br>| 24393 | 1841428 |
|  | Elevance Health, Inc. | 7662 | 3222484 |
|  | Eli Lilly & Co. | 34473 | 30989503 |
| \* | Fortrea Holdings, Inc. | 7957 | 49572 |
| \* | GE HealthCare <br> Technologies, Inc.<br>| 32036 | 2253092 |
|  | Gilead Sciences, Inc. | 69213 | 7373953 |
| \* | GRAIL, Inc. | 158 | 5450 |
|  | HCA Healthcare, Inc. | 6892 | 2378291 |
| \* | Hologic, Inc. | 13810 | 803742 |
|  | Humana, Inc. | 4710 | 1235150 |
| \* | ICON PLC | 4880 | 739027 |
| \* | IDEXX Laboratories, <br> Inc.<br>| 5346 | 2312947 |

---

------

**U.S. Large Cap Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Incyte Corp. | 6672 | $418068 |
| \* | Insmed, Inc. | 5730 | 412560 |
| \* | Insulet Corp. | 4026 | 1015720 |
| \* | Intuitive Surgical, Inc. | 4473 | 2307173 |
| \* | IQVIA Holdings, Inc. | 13430 | 2082590 |
|  | Johnson & Johnson | 118868 | 18580257 |
|  | Labcorp Holdings, Inc. | 4812 | 1159740 |
|  | McKesson Corp. | 4822 | 3437073 |
|  | Medtronic PLC | 32384 | 2744868 |
|  | Merck & Co., Inc. | 112789 | 9609623 |
| \* | Mettler-Toledo <br> International, Inc.<br>| 1313 | 1405658 |
| \* | Molina Healthcare, <br> Inc.<br>| 4089 | 1337144 |
| \* | Natera, Inc. | 5561 | 839322 |
| \* | Neurocrine <br> Biosciences, Inc.<br>| 3721 | 400714 |
|  | Pfizer, Inc. | 218640 | 5337002 |
|  | Quest Diagnostics, <br> Inc.<br>| 9146 | 1630000 |
|  | Regeneron <br> Pharmaceuticals, <br> Inc.<br>| 2249 | 1346611 |
|  | ResMed, Inc. | 8988 | 2126471 |
|  | Revvity, Inc. | 5254 | 490881 |
|  | Royalty Pharma PLC, <br> Class A<br>| 20521 | 673499 |
| \* | Solventum Corp. | 1931 | 127678 |
|  | STERIS PLC | 4577 | 1028635 |
|  | Stryker Corp. | 9545 | 3569066 |
| \* | Summit Therapeutics, <br> Inc.<br>| 6105 | 147253 |
|  | Thermo Fisher <br> Scientific, Inc.<br>| 8063 | 3459027 |
| \* | United Therapeutics <br> Corp.<br>| 3500 | 1060815 |
|  | UnitedHealth Group, <br> Inc.<br>| 27761 | 11421986 |
|  | Universal Health <br> Services, Inc., <br> Class B<br>| 5543 | 981499 |
| \* | Veeva Systems, Inc., <br> Class A<br>| 7493 | 1751039 |
| \* | Vertex <br> Pharmaceuticals, <br> Inc.<br>| 4391 | 2237215 |
|  | Viatris, Inc. | 30855 | 259799 |
| \* | Waters Corp. | 3884 | 1350583 |
|  | West Pharmaceutical <br> Services, Inc.<br>| 3171 | 670001 |
|  | Zimmer Biomet <br> Holdings, Inc.<br>| 10559 | 1088105 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
|  | Zoetis, Inc. | 17688 | $2766403 |
| TOTAL HEALTH CARE | TOTAL HEALTH CARE |  | 208752937 |
| INDUSTRIALS — (9.9%) | INDUSTRIALS — (9.9%) | INDUSTRIALS — (9.9%) | INDUSTRIALS — (9.9%) |
|  | 3M Co. | 27150 | 3771406 |
|  | AECOM | 7425 | 732476 |
| \* | Amentum Holdings, <br> Inc.<br>| 8883 | 193827 |
|  | AMETEK, Inc. | 14174 | 2403627 |
|  | Automatic Data <br> Processing, Inc.<br>| 16523 | 4966814 |
| \* | Axon Enterprise, Inc. | 2188 | 1341900 |
| \* | Boeing Co. | 28766 | 5271082 |
|  | Booz Allen Hamilton <br> Holding Corp.<br>| 10068 | 1208361 |
|  | Broadridge Financial <br> Solutions, Inc.<br>| 8003 | 1939927 |
| \* | Builders FirstSource, <br> Inc.<br>| 8826 | 1055854 |
|  | Carlisle Cos., Inc. | 3641 | 1381687 |
|  | Carrier Global Corp. | 16120 | 1008145 |
|  | Caterpillar, Inc. | 22473 | 6950225 |
|  | CH Robinson <br> Worldwide, Inc.<br>| 8254 | 736422 |
|  | Cintas Corp. | 14791 | 3130959 |
|  | CNH Industrial NV | 104683 | 1211182 |
|  | Comfort Systems USA, <br> Inc.<br>| 969 | 385226 |
| \* | Copart, Inc. | 49770 | 3037463 |
|  | CSX Corp. | 133679 | 3752370 |
|  | Cummins, Inc. | 10475 | 3077974 |
|  | Curtiss-Wright Corp. | 117 | 40352 |
| \* | Dayforce, Inc. | 2477 | 143344 |
|  | Deere & Co. | 13115 | 6079589 |
|  | Delta Air Lines, Inc. | 64372 | 2679806 |
|  | Dover Corp. | 8685 | 1482095 |
|  | Eaton Corp. PLC | 12725 | 3745858 |
|  | EMCOR Group, Inc. | 3776 | 1513043 |
|  | Emerson Electric Co. | 18002 | 1892190 |
|  | Equifax, Inc. | 7666 | 1994157 |
|  | Expeditors <br> International of <br> Washington, Inc.<br>| 10813 | 1188457 |
|  | Fastenal Co. | 32672 | 2645452 |
|  | FedEx Corp. | 11802 | 2482315 |
|  | Ferguson Enterprises, <br> Inc.<br>| 15731 | 2668921 |
|  | Fortive Corp. | 18180 | 1266964 |
|  | GE Vernova, Inc. | 4658 | 1727280 |
|  | General Dynamics <br> Corp.<br>| 7513 | 2044438 |
|  | General Electric Co. | 22796 | 4594306 |
|  | Graco, Inc. | 13146 | 1072845 |

---

------

**U.S. Large Cap Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | HEICO Corp. (HEI <br> US)<br>| 2731 | $684826 |
|  | HEICO Corp. (HEIA <br> US), Class A<br>| 4226 | 849130 |
|  | Honeywell <br> International, Inc.<br>| 24425 | 5141462 |
|  | Howmet Aerospace, <br> Inc.<br>| 22799 | 3159485 |
|  | Hubbell, Inc. | 4240 | 1539883 |
|  | IDEX Corp. | 2318 | 403262 |
|  | Illinois Tool Works, <br> Inc.<br>| 14740 | 3536273 |
|  | Ingersoll Rand, Inc. | 19044 | 1436489 |
|  | Jacobs Solutions, Inc. | 9398 | 1163472 |
|  | JB Hunt Transport <br> Services, Inc.<br>| 9024 | 1178354 |
|  | Johnson Controls <br> International PLC<br>| 30335 | 2545106 |
|  | L3Harris Technologies, <br> Inc.<br>| 9638 | 2120553 |
|  | Leidos Holdings, Inc. | 8587 | 1263835 |
|  | Lennox International, <br> Inc.<br>| 2752 | 1504656 |
|  | Lockheed Martin Corp. | 10476 | 5004909 |
|  | Masco Corp. | 15321 | 928606 |
|  | Norfolk Southern <br> Corp.<br>| 13943 | 3123929 |
|  | Northrop Grumman <br> Corp.<br>| 4514 | 2196061 |
|  | Old Dominion Freight <br> Line, Inc.<br>| 16327 | 2502603 |
|  | Otis Worldwide Corp. | 26696 | 2570024 |
|  | PACCAR, Inc. | 37373 | 3371418 |
|  | Parker-Hannifin Corp. | 4254 | 2573925 |
|  | Paychex, Inc. | 24626 | 3622977 |
|  | Pentair PLC | 11449 | 1038768 |
|  | Quanta Services, Inc. | 8842 | 2587965 |
|  | Republic Services, <br> Inc.<br>| 8410 | 2108808 |
|  | Rockwell Automation, <br> Inc.<br>| 7407 | 1834566 |
|  | Rollins, Inc. | 31352 | 1791140 |
|  | RTX Corp. | 50893 | 6419134 |
| \* | Saia, Inc. | 748 | 182512 |
|  | Snap-on, Inc. | 4089 | 1283169 |
|  | Southwest Airlines Co. | 44803 | 1252692 |
|  | SS&C Technologies <br> Holdings, Inc.<br>| 17512 | 1323907 |
|  | Textron, Inc. | 5032 | 354102 |
|  | Trane Technologies <br> PLC<br>| 8893 | 3408776 |
|  | TransDigm Group, Inc. | 2158 | 3049405 |
|  | TransUnion | 14345 | 1190061 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| \* | Uber Technologies, <br> Inc.<br>| 38676 | $3133143 |
|  | U-Haul Holding Co. <br> (UHAL/B US)<br>| 5790 | 317292 |
|  | Union Pacific Corp. | 28069 | 6053361 |
| \* | United Airlines <br> Holdings, Inc.<br>| 32401 | 2229837 |
|  | United Parcel Service, <br> Inc., Class B<br>| 37720 | 3594716 |
|  | United Rentals, Inc. | 5598 | 3534857 |
|  | Veralto Corp. | 12930 | 1239987 |
|  | Verisk Analytics, Inc. | 9744 | 2888414 |
|  | Vertiv Holdings Co., <br> Class A<br>| 26102 | 2228589 |
|  | Waste Management, <br> Inc.<br>| 16330 | 3810769 |
|  | Watsco, Inc. (WSO <br> US)<br>| 1860 | 855302 |
|  | Westinghouse Air <br> Brake Technologies <br> Corp.<br>| 7851 | 1450394 |
|  | WW Grainger, Inc. | 3186 | 3263452 |
|  | Xylem, Inc. | 12382 | 1492898 |
| TOTAL INDUSTRIALS | TOTAL INDUSTRIALS |  | 203157593 |
| INFORMATION TECHNOLOGY — (27.7%) | INFORMATION TECHNOLOGY — (27.7%) | INFORMATION TECHNOLOGY — (27.7%) | INFORMATION TECHNOLOGY — (27.7%) |
|  | Accenture PLC, <br> Class A<br>| 23863 | 7138616 |
| \* | Adobe, Inc. | 17636 | 6613147 |
| \* | Advanced Micro <br> Devices, Inc.<br>| 29887 | 2909499 |
| \* | Akamai Technologies, <br> Inc.<br>| 4759 | 383480 |
|  | Amphenol Corp., <br> Class A<br>| 44976 | 3460903 |
|  | Analog Devices, Inc. | 12442 | 2425195 |
|  | Apple, Inc. | 635983 | 135146388 |
|  | Applied Materials, Inc. | 33437 | 5039290 |
| \* | AppLovin Corp., <br> Class A<br>| 19638 | 5288710 |
| \* | Arista Networks, Inc. | 28405 | 2336879 |
| \* | Atlassian Corp., <br> Class A<br>| 1789 | 408447 |
| \* | Autodesk, Inc. | 8497 | 2330302 |
|  | Bentley Systems, Inc., <br> Class B<br>| 11751 | 505175 |
|  | Broadcom, Inc. | 95661 | 18411873 |
| \* | Cadence Design <br> Systems, Inc.<br>| 5282 | 1572663 |
|  | CDW Corp. | 6180 | 992261 |
|  | Cisco Systems, Inc. | 133824 | 7725660 |
| \* | Cloudflare, Inc., <br> Class A<br>| 6795 | 820700 |

---

------

**U.S. Large Cap Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
|  | Cognizant Technology <br> Solutions Corp., <br> Class A<br>| 37272 | $2742101 |
| \* | Coherent Corp. | 6200 | 398784 |
|  | Corning, Inc. | 53351 | 2367717 |
| \* | Crowdstrike Holdings, <br> Inc., Class A<br>| 2875 | 1233001 |
| \* | Datadog, Inc., Class A | 8663 | 885012 |
|  | Dell Technologies, Inc., <br> Class C<br>| 12420 | 1139659 |
| \* | Docusign, Inc. | 10251 | 838019 |
| \* | Dynatrace, Inc. | 17794 | 835784 |
|  | Entegris, Inc. | 7008 | 554473 |
| \* | F5, Inc. | 4247 | 1124351 |
| \* | Fair Isaac Corp. | 1644 | 3271034 |
| \* | First Solar, Inc. | 7957 | 1001150 |
| \* | Flex Ltd. | 21553 | 740130 |
| \* | Fortinet, Inc. | 27151 | 2817188 |
| \* | Gartner, Inc. | 5965 | 2511742 |
|  | Gen Digital, Inc. | 47596 | 1231309 |
| \* | GLOBALFOUNDRIES, <br> Inc.<br>| 6479 | 227219 |
| \* | GoDaddy, Inc., <br> Class A<br>| 9515 | 1791960 |
| \* | Guidewire Software, <br> Inc.<br>| 3530 | 722838 |
|  | Hewlett Packard <br> Enterprise Co.<br>| 91810 | 1489158 |
|  | HP, Inc. | 59190 | 1513488 |
| \* | HubSpot, Inc. | 1561 | 954552 |
|  | International Business <br> Machines Corp.<br>| 48020 | 11612196 |
|  | Intuit, Inc. | 7652 | 4801400 |
|  | Jabil, Inc. | 9428 | 1381768 |
| \* | Keysight Technologies, <br> Inc.<br>| 10346 | 1504308 |
|  | KLA Corp. | 6170 | 4335597 |
|  | Lam Research Corp. | 51154 | 3666207 |
| \* | Manhattan Associates, <br> Inc.<br>| 1874 | 332429 |
|  | Marvell Technology, <br> Inc.<br>| 39890 | 2328379 |
|  | Microchip Technology, <br> Inc.<br>| 27686 | 1275771 |
|  | Micron Technology, <br> Inc.<br>| 28571 | 2198538 |
|  | Microsoft Corp. | 298873 | 118132542 |
| \* | MongoDB, Inc. | 2042 | 351571 |
|  | Monolithic Power <br> Systems, Inc.<br>| 1525 | 904478 |
|  | Motorola Solutions, <br> Inc.<br>| 6951 | 3061151 |
|  | NetApp, Inc. | 15883 | 1425499 |
| \* | Nutanix, Inc., Class A | 19923 | 1368710 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
|  | NVIDIA Corp. | 988726 | $107692145 |
|  | NXP Semiconductors <br> NV<br>| 22652 | 4174990 |
| \* | Okta, Inc. | 12454 | 1396841 |
| \* | ON Semiconductor <br> Corp.<br>| 23833 | 946170 |
|  | Oracle Corp. | 84701 | 11919125 |
| \* | Palantir Technologies, <br> Inc., Class A<br>| 24007 | 2843389 |
| \* | Palo Alto Networks, <br> Inc.<br>| 11054 | 2066324 |
| \* | PTC, Inc. | 6064 | 939738 |
| \* | Pure Storage, Inc., <br> Class A<br>| 12263 | 556250 |
|  | QUALCOMM, Inc. | 49754 | 7386479 |
|  | Roper Technologies, <br> Inc.<br>| 2295 | 1285384 |
|  | Salesforce, Inc. | 20375 | 5474966 |
| \* | Samsara, Inc., <br> Class A<br>| 9271 | 367688 |
| \* | Sandisk Corp. | 6182 | 198504 |
|  | Seagate Technology <br> Holdings PLC<br>| 15537 | 1414333 |
| \* | ServiceNow, Inc. | 4307 | 4113228 |
|  | Skyworks Solutions, <br> Inc.<br>| 4414 | 283732 |
| \* | Snowflake, Inc., <br> Class A<br>| 9473 | 1510849 |
| \* | Synopsys, Inc. | 3163 | 1451849 |
|  | TE Connectivity PLC | 19065 | 2790735 |
| \* | Teledyne Technologies, <br> Inc.<br>| 2427 | 1131055 |
|  | Teradyne, Inc. | 7178 | 532679 |
|  | Texas Instruments, <br> Inc.<br>| 37207 | 5954980 |
| \* | Trimble, Inc. | 19100 | 1186874 |
| \* | Twilio, Inc., Class A | 10176 | 984121 |
| \* | Tyler Technologies, <br> Inc.<br>| 1612 | 875800 |
| \* | VeriSign, Inc. | 6369 | 1796822 |
| \* | Western Digital Corp. | 18546 | 813428 |
| \* | Workday, Inc., Class A | 3528 | 864360 |
| \* | Zebra Technologies <br> Corp., Class A<br>| 2421 | 606025 |
| \* | Zoom <br> Communications, <br> Inc.<br>| 13880 | 1076255 |
| \* | Zscaler, Inc. | 4222 | 954890 |
| TOTAL INFORMATION <br> TECHNOLOGY | TOTAL INFORMATION <br> TECHNOLOGY |  | 568170409 |

---

------

**U.S. Large Cap Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (2.3%) | MATERIALS — (2.3%) | MATERIALS — (2.3%) | MATERIALS — (2.3%) |
|  | Air Products & <br> Chemicals, Inc.<br>| 7151 | $1938565 |
|  | Amcor PLC | 98822 | 909162 |
|  | Avery Dennison Corp. | 6935 | 1186648 |
|  | Ball Corp. | 20899 | 1085494 |
|  | CF Industries Holdings, <br> Inc.<br>| 1900 | 148903 |
|  | Corteva, Inc. | 36611 | 2269516 |
|  | CRH PLC (CRHCF <br> US)<br>| 14243 | 1359067 |
|  | Dow, Inc. | 40842 | 1249357 |
|  | DuPont de Nemours, <br> Inc.<br>| 22261 | 1469003 |
|  | Ecolab, Inc. | 9821 | 2469294 |
|  | Freeport-McMoRan, <br> Inc.<br>| 47608 | 1715316 |
|  | International Flavors & <br> Fragrances, Inc.<br>| 11591 | 909430 |
|  | International Paper <br> Co.<br>| 25882 | 1182290 |
|  | Linde PLC | 15495 | 7022799 |
|  | LyondellBasell <br> Industries NV, <br> Class A<br>| 17857 | 1039456 |
|  | Martin Marietta <br> Materials, Inc.<br>| 2776 | 1454568 |
|  | Newmont Corp. | 80310 | 4230731 |
|  | Nucor Corp. | 6348 | 757761 |
|  | Packaging Corp. of <br> America<br>| 7015 | 1302054 |
|  | PPG Industries, Inc. | 17260 | 1878924 |
|  | Reliance, Inc. | 4458 | 1284929 |
|  | RPM International, <br> Inc.<br>| 10717 | 1144040 |
|  | Sherwin-Williams Co. | 9602 | 3388738 |
|  | Smurfit WestRock <br> PLC<br>| 27471 | 1154331 |
|  | Southern Copper <br> Corp.<br>| 3676 | 329076 |
|  | Steel Dynamics, Inc. | 13489 | 1749658 |
|  | Vulcan Materials Co. | 8330 | 2185209 |
|  | Westlake Corp. | 3152 | 291339 |
| TOTAL MATERIALS | TOTAL MATERIALS |  | 47105658 |
| REAL ESTATE — (0.2%) | REAL ESTATE — (0.2%) | REAL ESTATE — (0.2%) | REAL ESTATE — (0.2%) |
| \* | CBRE Group, Inc., <br> Class A<br>| 18766 | 2292830 |
| \* | CoStar Group, Inc. | 19331 | 1433780 |
| \* | Jones Lang LaSalle, <br> Inc.<br>| 570 | 129624 |
| \* | Zillow Group, Inc. (Z <br> US), Class C<br>| 11691 | 787155 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) |
| \* | Zillow Group, Inc. (ZG <br> US), Class A<br>| 3273 | $215952 |
| TOTAL REAL ESTATE | TOTAL REAL ESTATE |  | 4859341 |
| UTILITIES — (3.5%) | UTILITIES — (3.5%) | UTILITIES — (3.5%) | UTILITIES — (3.5%) |
|  | Alliant Energy Corp. | 20968 | 1279887 |
|  | Ameren Corp. | 18188 | 1804977 |
|  | American Electric <br> Power Co., Inc.<br>| 38448 | 4165456 |
|  | American Water Works <br> Co., Inc.<br>| 13125 | 1929506 |
|  | Atmos Energy Corp. | 10686 | 1716492 |
|  | CenterPoint Energy, <br> Inc.<br>| 47708 | 1850116 |
|  | CMS Energy Corp. | 23763 | 1750145 |
|  | Consolidated Edison, <br> Inc.<br>| 25358 | 2859115 |
|  | Constellation Energy <br> Corp.<br>| 11768 | 2629442 |
|  | Dominion Energy, Inc. | 61491 | 3343881 |
|  | DTE Energy Co. | 15148 | 2075276 |
|  | Duke Energy Corp. | 29222 | 3565668 |
|  | Edison International | 25051 | 1340479 |
|  | Entergy Corp. | 31391 | 2610790 |
|  | Evergy, Inc. | 16604 | 1147336 |
|  | Eversource Energy | 26822 | 1595373 |
|  | Exelon Corp. | 73556 | 3449776 |
|  | FirstEnergy Corp. | 42188 | 1809021 |
|  | NextEra Energy, Inc. | 78114 | 5224264 |
|  | NiSource, Inc. | 36661 | 1433812 |
|  | NRG Energy, Inc. | 15987 | 1751855 |
|  | PG&E Corp. | 148020 | 2445290 |
|  | PPL Corp. | 54021 | 1971767 |
|  | Public Service <br> Enterprise Group, <br> Inc.<br>| 32269 | 2579261 |
|  | Sempra | 43317 | 3217154 |
|  | Southern Co. | 41233 | 3788900 |
|  | Vistra Corp. | 27325 | 3542140 |
|  | WEC Energy Group, <br> Inc.<br>| 22685 | 2484461 |
|  | Xcel Energy, Inc. | 43578 | 3080965 |
| TOTAL UTILITIES | TOTAL UTILITIES |  | 72442605 |
| TOTAL COMMON <br> STOCKS <br>Cost ($1095181498) | TOTAL COMMON <br> STOCKS <br>Cost ($1095181498) |  | 2008036898 |

---

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

------

**U.S. Large Cap Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| TEMPORARY CASH INVESTMENTS — (0.4%) | TEMPORARY CASH INVESTMENTS — (0.4%) | TEMPORARY CASH INVESTMENTS — (0.4%) | TEMPORARY CASH INVESTMENTS — (0.4%) |
| Ɏ | State Street <br> Institutional <br> U.S. Government <br> Money Market Fund <br> 4.290%<br>| 7961776 | $7961776 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| SECURITIES LENDING COLLATERAL — (1.6%) | SECURITIES LENDING COLLATERAL — (1.6%) | SECURITIES LENDING COLLATERAL — (1.6%) | SECURITIES LENDING COLLATERAL — (1.6%) |
| @§ | The DFA Short Term <br> Investment Fund <br>| 2935901 | $33953694 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $1,137,096,968) | (Cost $1,137,096,968) |  | $2049952368 |

---

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Communication Services | &nbsp;&nbsp; $193090878 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $193090878 |
| Consumer Discretionary | &nbsp;&nbsp; 199756094 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 199756094 |
| Consumer Staples | &nbsp;&nbsp; 143291226 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 143291226 |
| Energy | &nbsp;&nbsp; 82950603 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 82950603 |
| Financials | &nbsp;&nbsp; 284459554 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 284459554 |
| Health Care | &nbsp;&nbsp; 208718080 | &nbsp;&nbsp; — | &nbsp;&nbsp; $34857 | &nbsp;&nbsp; 208752937 |
| Industrials | &nbsp;&nbsp; 203157593 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 203157593 |
| Information Technology | &nbsp;&nbsp; 568170409 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 568170409 |
| Materials | &nbsp;&nbsp; 47105658 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 47105658 |
| Real Estate | &nbsp;&nbsp; 4859341 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 4859341 |
| Utilities | &nbsp;&nbsp; 72442605 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 72442605 |
| Temporary Cash Investments | &nbsp;&nbsp; 7961776 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 7961776 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; $33953694 | &nbsp;&nbsp; — | &nbsp;&nbsp; 33953694 |
| Total Investments in Securities | &nbsp;&nbsp; $2015963817 | &nbsp;&nbsp; $33953694 | &nbsp;&nbsp; $34,857˂˃ | &nbsp;&nbsp; $2049952368 |

---

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

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

------

**U.S. Large Cap Value Portfolio**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)** 

---

| | |
|:---|:---|
|  | **Value†** |
| AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) |
| The U.S. Large Cap Value Series | $22568217713 |
| TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES | $22568217713 |

---

Summary of the Portfolio's Master Fund's investments as of April 30, 2025, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

------

**U.S. Targeted Value Portfolio**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)**

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMON STOCKS — (93.0%) | COMMON STOCKS — (93.0%) | COMMON STOCKS — (93.0%) | COMMON STOCKS — (93.0%) |
| COMMUNICATION SERVICES — (3.4%) | COMMUNICATION SERVICES — (3.4%) | COMMUNICATION SERVICES — (3.4%) | COMMUNICATION SERVICES — (3.4%) |
| #\* | Advantage Solutions, <br> Inc.<br>| 633886 | $849407 |
| \* | AMC Networks, Inc., <br> Class A<br>| 243657 | 1559405 |
| \* | Angi, Inc. | 129282 | 1481572 |
|  | ATN International, Inc. | 113449 | 2006913 |
| \* | Bandwidth, Inc., <br> Class A<br>| 200126 | 2485565 |
| \* | Boston Omaha Corp., <br> Class A<br>| 224757 | 3490476 |
| #\* | Bumble, Inc., Class A | 751350 | 3170697 |
| \* | BuzzFeed, Inc. | 87153 | 169948 |
| # | Cable One, Inc. | 41114 | 10988539 |
| \* | Cardlytics, Inc. | 3423 | 4929 |
| \* | Cars.com, Inc. | 510957 | 5947539 |
| \* | DHI Group, Inc. | 195952 | 276292 |
| #\* | EchoStar Corp., <br> Class A<br>| 66919 | 1504339 |
|  | Entravision <br> Communications <br> Corp., Class A<br>| 300908 | 550662 |
| \* | Eventbrite, Inc., <br> Class A<br>| 47670 | 101060 |
| \* | EW Scripps Co., <br> Class A<br>| 551096 | 1107703 |
| \* | Fluent, Inc. | 1541 | 3791 |
| \* | Frontier <br> Communications <br> Parent, Inc.<br>| 1224698 | 44395302 |
| \* | Gaia, Inc. | 122644 | 642655 |
| \* | Gambling.com Group <br> Ltd.<br>| 27809 | 357902 |
| \* | Gannett Co., Inc. | 511887 | 1638038 |
|  | Gray Media, Inc. | 669195 | 2241803 |
| \* | Harte Hanks, Inc. | 5598 | 27990 |
| \* | Integral Ad Science <br> Holding Corp.<br>| 610058 | 4313110 |
| \* | Intelligent Protection <br> Management Corp.<br>| 1133 | 2062 |
|  | Interpublic Group of <br> Cos., Inc.<br>| 1030583 | 25888245 |
| \* | IZEA Worldwide, Inc. | 21662 | 44840 |
|  | John Wiley & Sons, <br> Inc. (WLY US), <br> Class A<br>| 127999 | 5585876 |
| \* | Liberty Broadband <br> Corp. (LBRDA US), <br> Class A<br>| 99128 | 8827348 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
| \* | Liberty Broadband <br> Corp. (LBRDK US), <br> Class C<br>| 596925 | $53956051 |
| \* | Liberty Global Ltd. <br> (LBTYA US), <br> Class A<br>| 1034802 | 11331082 |
| #\* | Liberty Global Ltd. <br> (LBTYK US), <br> Class C<br>| 985677 | 11177577 |
| \* | Liberty Latin America <br> Ltd. (LILA US), <br> Class A<br>| 283838 | 1538402 |
| \* | Liberty Latin America <br> Ltd. (LILAK US), <br> Class C<br>| 1147754 | 6312647 |
| \* | Liberty Media <br> Corp.-Liberty Live <br> (LLYVA US), <br> Class A<br>| 7325 | 512603 |
| \* | Liberty Media <br> Corp.-Liberty Live <br> (LLYVK US), <br> Class C<br>| 8643 | 618061 |
| \* | Lions Gate <br> Entertainment Corp. <br> (LGF/B US), <br> Class B<br>| 86077 | 686894 |
| \* | Madison Square <br> Garden <br> Entertainment Corp.<br>| 26790 | 869068 |
| #\* | Magnite, Inc. | 939884 | 11175221 |
|  | Marcus Corp. | 181036 | 2952697 |
|  | National CineMedia, <br> Inc.<br>| 155394 | 890408 |
| # | Nexstar Media Group, <br> Inc.<br>| 244158 | 36540686 |
| #\* | Nextdoor Holdings, <br> Inc.<br>| 101348 | 148982 |
| \* | Outbrain, Inc. | 70312 | 248904 |
| # | Paramount Global <br> (PARA US), Class B<br>| 30405 | 356955 |
|  | Paramount Global <br> (PARAA US), <br> Class A<br>| 512 | 11602 |
| \* | Playstudios, Inc. | 72410 | 91961 |
| \* | PubMatic, Inc., <br> Class A<br>| 288667 | 2820277 |
| \* | Reservoir Media, Inc. | 76460 | 573450 |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
|  | Saga Communications, <br> Inc., Class A<br>| 47086 | $534426 |
| # | Scholastic Corp. | 214121 | 3860602 |
|  | Shenandoah <br> Telecommunications <br> Co.<br>| 300370 | 3346122 |
| # | Shutterstock, Inc. | 75738 | 1208778 |
| # | Sinclair, Inc. | 154414 | 2223562 |
| # | Sirius XM Holdings, <br> Inc.<br>| 53492 | 1145799 |
| \* | SPAR Group, Inc. | 9860 | 10550 |
| #\* | Sphere Entertainment <br> Co.<br>| 231847 | 6317831 |
|  | Spok Holdings, Inc. | 148981 | 2136387 |
| #\* | Sunrise <br> Communications AG, <br> ADR, Class A<br>| 285511 | 15394753 |
| \* | TechTarget, Inc. | 11911 | 94931 |
|  | TEGNA, Inc. | 1284425 | 20846218 |
|  | Telephone & Data <br> Systems, Inc.<br>| 783985 | 29391598 |
| \* | Thryv Holdings, Inc. | 2031 | 27825 |
|  | Townsquare Media, <br> Inc., Class A<br>| 5401 | 35755 |
| \* | TripAdvisor, Inc. | 495168 | 6164842 |
| \* | TrueCar, Inc. | 427208 | 636540 |
| \* | U.S. Cellular Corp. | 429873 | 29515080 |
| \* | Urban One, Inc. <br> (UONEK US)<br>| 152373 | 78015 |
| \* | Vimeo, Inc. | 742412 | 3741756 |
| #\* | Vivid Seats, Inc., <br> Class A<br>| 234133 | 657914 |
| \* | WideOpenWest, Inc. | 131801 | 577288 |
| \* | Yelp, Inc. | 193550 | 6789734 |
| \* | Zedge, Inc., Class B | 17114 | 41416 |
| \* | Ziff Davis, Inc. | 316053 | 9333045 |
| \* | ZoomInfo <br> Technologies, Inc.<br>| 1368781 | 11716765 |
| TOTAL COMMUNICATION <br> SERVICES | TOTAL COMMUNICATION <br> SERVICES |  | 428305068 |
| CONSUMER DISCRETIONARY — (12.8%) | CONSUMER DISCRETIONARY — (12.8%) | CONSUMER DISCRETIONARY — (12.8%) | CONSUMER DISCRETIONARY — (12.8%) |
| #\* | 1-800-Flowers.com, <br> Inc., Class A<br>| 324805 | 1796172 |
| \* | 1stdibs.com, Inc. | 60949 | 150544 |
| \* | Abercrombie & Fitch <br> Co., Class A<br>| 51228 | 3556248 |
| # | Academy Sports & <br> Outdoors, Inc.<br>| 525218 | 19790214 |
| \* | Adient PLC | 538699 | 6814542 |
|  | ADT, Inc. | 3233857 | 25935533 |
| \* | Adtalem Global <br> Education, Inc.<br>| 379827 | 40337627 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| # | Advance Auto Parts, <br> Inc.<br>| 409832 | $13409703 |
|  | A-Mark Precious <br> Metals, Inc.<br>| 195057 | 4751589 |
|  | AMCON Distributing <br> Co.<br>| 2433 | 292641 |
| \* | American Axle & <br> Manufacturing <br> Holdings, Inc.<br>| 939799 | 3590032 |
| # | American Eagle <br> Outfitters, Inc.<br>| 1412380 | 14872361 |
| \* | American Outdoor <br> Brands, Inc.<br>| 114681 | 1287294 |
| \* | American Public <br> Education, Inc.<br>| 131041 | 3079464 |
| #\* | America's Car-Mart, <br> Inc.<br>| 60358 | 2862176 |
| #\* | AMMO, Inc. | 25968 | 51157 |
|  | Aramark | 443740 | 14834228 |
|  | Ark Restaurants Corp. | 34043 | 315238 |
|  | Arko Corp. | 357704 | 1439759 |
| \* | Asbury Automotive <br> Group, Inc.<br>| 143360 | 31272550 |
| #\* | Aterian, Inc. | 3157 | 6219 |
|  | Autoliv, Inc. | 109781 | 10234883 |
| \* | AutoNation, Inc. | 299131 | 52093664 |
| \* | Barnes & Noble <br> Education, Inc.<br>| 2197 | 23134 |
|  | Bassett Furniture <br> Industries, Inc.<br>| 88637 | 1564443 |
| \* | Beazer Homes USA, <br> Inc.<br>| 156456 | 3060279 |
| \* | Biglari Holdings, Inc. <br> (BH US), Class B<br>| 15476 | 3604515 |
| \* | Biglari Holdings, Inc. <br> (BH/A US), Class A<br>| 943 | 1081621 |
| \* | BJ's Restaurants, Inc. | 170951 | 5690959 |
| #\* | Boot Barn Holdings, <br> Inc.<br>| 130518 | 13618248 |
|  | BorgWarner, Inc. | 1684556 | 47807699 |
|  | Brunswick Corp. | 414942 | 19108079 |
| \* | Caesars <br> Entertainment, Inc.<br>| 152897 | 4137393 |
| # | Caleres, Inc. | 269126 | 4101480 |
| \* | Capri Holdings Ltd. | 319808 | 4809912 |
|  | Carriage Services, Inc. | 44236 | 1767671 |
|  | Carter's, Inc. | 200987 | 6642620 |
|  | Cato Corp., Class A | 188545 | 444966 |
| \* | Cavco Industries, Inc. | 12069 | 5960276 |
| \* | Century Casinos, Inc. | 7544 | 9883 |
|  | Century Communities, <br> Inc.<br>| 250946 | 13686595 |
| \* | Chegg, Inc. | 433378 | 315153 |
| \* | Citi Trends, Inc. | 60298 | 1346454 |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Clarus Corp. | 280165 | $921743 |
| # | Columbia Sportswear <br> Co.<br>| 80644 | 5013638 |
| #\* | ContextLogic, Inc., <br> Class A<br>| 120227 | 858421 |
| # | Cracker Barrel Old <br> Country Store, Inc.<br>| 118112 | 5043382 |
|  | Cricut, Inc., Class A | 95227 | 474230 |
| \* | Crocs, Inc. | 46562 | 4489508 |
|  | Crown Crafts, Inc. | 34975 | 104575 |
| \* | Culp, Inc. | 88295 | 335521 |
|  | Dana, Inc. | 1073669 | 14752212 |
| # | Designer Brands, Inc., <br> Class A<br>| 310076 | 865112 |
| \* | Destination XL Group, <br> Inc.<br>| 198512 | 196448 |
| # | Dillard's, Inc., Class A | 39247 | 13605365 |
| \* | Dorman Products, Inc. | 96877 | 10976164 |
| #\* | Dream Finders Homes, <br> Inc., Class A<br>| 96396 | 2184333 |
| \* | Duluth Holdings, Inc., <br> Class B<br>| 204650 | 356091 |
| \* | El Pollo Loco Holdings, <br> Inc.<br>| 365397 | 3416462 |
|  | Escalade, Inc. | 38169 | 579405 |
|  | Ethan Allen Interiors, <br> Inc.<br>| 228482 | 6495743 |
| #\* | Figs, Inc., Class A | 684653 | 2759152 |
| #\* | First Watch Restaurant <br> Group, Inc.<br>| 322568 | 5696551 |
|  | Flanigan's Enterprises, <br> Inc.<br>| 3498 | 85701 |
|  | Flexsteel Industries, <br> Inc.<br>| 40142 | 1340341 |
| #\* | Foot Locker, Inc. | 693102 | 8504362 |
| \* | Fox Factory Holding <br> Corp.<br>| 20794 | 422326 |
| \* | Full House Resorts, <br> Inc.<br>| 17661 | 57045 |
| #\* | Funko, Inc., Class A | 389022 | 1559978 |
|  | Gap, Inc. | 2369079 | 51882830 |
| #\* | Genesco, Inc. | 92227 | 1789204 |
| \* | Gentherm, Inc. | 190193 | 4946920 |
| \* | G-III Apparel Group <br> Ltd.<br>| 332138 | 8376520 |
|  | Golden Entertainment, <br> Inc.<br>| 7107 | 182650 |
| \* | Good Times <br> Restaurants, Inc.<br>| 24349 | 47481 |
| \* | Goodyear Tire & <br> Rubber Co.<br>| 2028152 | 22066294 |
|  | Graham Holdings Co., <br> Class B<br>| 27808 | 25584750 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | Green Brick Partners, <br> Inc.<br>| 190182 | $11218836 |
|  | Group 1 Automotive, <br> Inc.<br>| 67425 | 27214753 |
| \* | GrowGeneration Corp. | 334375 | 391219 |
| # | Guess?, Inc. | 398245 | 4480256 |
|  | Hamilton Beach <br> Brands Holding Co., <br> Class A<br>| 47162 | 933808 |
| # | Harley-Davidson, Inc. | 921114 | 20651376 |
|  | Haverty Furniture Cos., <br> Inc. (HVT US)<br>| 134813 | 2448204 |
|  | Haverty Furniture Cos., <br> Inc. (HVT/A US), <br> Class A<br>| 844 | 15487 |
| \* | Helen of Troy Ltd. | 85587 | 2384454 |
| \* | Hilton Grand <br> Vacations, Inc.<br>| 512645 | 17240251 |
| \* | Holley, Inc. | 167014 | 359080 |
|  | Hooker Furnishings <br> Corp.<br>| 81129 | 778838 |
| \* | Hovnanian Enterprises, <br> Inc., Class A<br>| 20336 | 1968525 |
|  | International Game <br> Technology PLC<br>| 11003 | 180449 |
| #\* | iRobot Corp. | 179573 | 439954 |
|  | J Jill, Inc. | 32686 | 497481 |
|  | JAKKS Pacific, Inc. | 81678 | 1575569 |
|  | Jerash Holdings U.S., <br> Inc.<br>| 25144 | 74426 |
|  | Johnson Outdoors, <br> Inc., Class A<br>| 68403 | 1561641 |
|  | KB Home | 221451 | 11964998 |
| # | Kohl's Corp. | 822467 | 5510529 |
| # | Krispy Kreme, Inc. | 942455 | 3864066 |
| #\* | Kura Sushi USA, Inc., <br> Class A<br>| 16268 | 957860 |
|  | Lakeland Industries, <br> Inc.<br>| 68521 | 1118948 |
| #\* | Lands' End, Inc. | 186413 | 1655347 |
| \* | Landsea Homes Corp. | 164362 | 1002608 |
| \* | Latham Group, Inc. | 388450 | 2122879 |
| \* | Laureate Education, <br> Inc.<br>| 1061480 | 21303904 |
|  | La-Z-Boy, Inc. | 330425 | 13051788 |
|  | LCI Industries | 186020 | 14338422 |
|  | Lear Corp. | 388602 | 33322622 |
| \* | Legacy Housing Corp. | 104033 | 2530603 |
| \* | LGI Homes, Inc. | 187241 | 10225231 |
| \* | Life Time Group <br> Holdings, Inc.<br>| 302883 | 9286393 |
|  | Lifetime Brands, Inc. | 144062 | 524386 |
| \* | Lincoln Educational <br> Services Corp.<br>| 140673 | 2377374 |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Lithia Motors, Inc. | 197965 | $57956233 |
| \* | Live Ventures, Inc. | 1033 | 11787 |
|  | LKQ Corp. | 648104 | 24764054 |
| #\* | Lovesac Co. | 112959 | 2197053 |
| \* | M/I Homes, Inc. | 132543 | 14139687 |
|  | Macy's, Inc. | 2396220 | 27364832 |
| \* | Malibu Boats, Inc., <br> Class A<br>| 145127 | 4144827 |
|  | Marine Products Corp. | 60526 | 508418 |
| \* | MarineMax, Inc. | 177473 | 3808571 |
|  | Marriott Vacations <br> Worldwide Corp.<br>| 252324 | 13829878 |
| #\* | MasterCraft Boat <br> Holdings, Inc.<br>| 122020 | 2006009 |
| \* | Mattel, Inc. | 1392066 | 22119929 |
|  | Meritage Homes Corp. | 504272 | 34361094 |
| \* | MGM Resorts <br> International<br>| 53816 | 1693051 |
| \* | Mister Car Wash, Inc. | 620818 | 4258812 |
| #\* | Mobileye Global, Inc., <br> Class A<br>| 730953 | 10657295 |
| \* | Mohawk Industries, <br> Inc.<br>| 465585 | 49514965 |
|  | Monarch Casino & <br> Resort, Inc.<br>| 13472 | 1053376 |
|  | Monro, Inc. | 218446 | 3045137 |
| \* | Motorcar Parts of <br> America, Inc.<br>| 144967 | 1291656 |
|  | Movado Group, Inc. | 124800 | 1733472 |
| \* | National Vision <br> Holdings, Inc.<br>| 579792 | 7160431 |
|  | Newell Brands, Inc. | 3086209 | 14752079 |
| \* | ODP Corp. | 232199 | 3176482 |
| \* | ONE Group Hospitality, <br> Inc.<br>| 4204 | 12654 |
|  | OneSpaWorld Holdings <br> Ltd.<br>| 67397 | 1125530 |
| #\* | OneWater Marine, Inc., <br> Class A<br>| 106665 | 1601042 |
| # | Oxford Industries, Inc. | 111570 | 5422302 |
|  | Patrick Industries, Inc. | 256819 | 19769927 |
| # | Penske Automotive <br> Group, Inc.<br>| 242280 | 37715728 |
|  | Perdoceo Education <br> Corp.<br>| 586437 | 14731297 |
| \* | Petco Health & <br> Wellness Co., Inc.<br>| 1168409 | 3446807 |
| \* | PetMed Express, Inc. | 108586 | 367021 |
|  | Phinia, Inc. | 326622 | 13113873 |
| \* | Playa Hotels & Resorts <br> NV<br>| 562034 | 7542496 |
|  | Polaris, Inc. | 54964 | 1866577 |
| #\* | Portillo's, Inc., Class A | 464441 | 4802320 |
|  | PVH Corp. | 411361 | 28375682 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | RCI Hospitality <br> Holdings, Inc.<br>| 72575 | $2879776 |
|  | Rocky Brands, Inc. | 60462 | 1293282 |
| \* | Sally Beauty Holdings, <br> Inc.<br>| 750586 | 6109770 |
|  | Shoe Carnival, Inc. | 222478 | 3866668 |
| # | Signet Jewelers Ltd. | 348052 | 20639484 |
|  | Smith & Wesson <br> Brands, Inc.<br>| 365627 | 3484425 |
| \* | Solo Brands, Inc., <br> Class A<br>| 6143 | 204 |
|  | Sonic Automotive, Inc., <br> Class A<br>| 202226 | 12279163 |
| \* | Sportsman's <br> Warehouse <br> Holdings, Inc.<br>| 117521 | 196260 |
|  | Standard Motor <br> Products, Inc.<br>| 172929 | 4686376 |
| \* | Star Equity Holdings, <br> Inc.<br>| 2740 | 5918 |
|  | Steven Madden Ltd. | 323936 | 6802656 |
| #\* | Stitch Fix, Inc., <br> Class A<br>| 61153 | 199970 |
| \* | Stoneridge, Inc. | 199634 | 770587 |
|  | Strategic Education, <br> Inc.<br>| 180618 | 14734816 |
| \* | Strattec Security Corp. | 30476 | 1015460 |
|  | Sturm Ruger & Co., <br> Inc.<br>| 66137 | 2689130 |
|  | Superior Group of <br> Cos., Inc.<br>| 119567 | 1241105 |
|  | Tandy Leather Factory, <br> Inc.<br>| 5876 | 16335 |
| \* | Target Hospitality <br> Corp.<br>| 91553 | 622560 |
| \* | Taylor Morrison Home <br> Corp.<br>| 814183 | 46693395 |
| # | Thor Industries, Inc. | 390679 | 28292973 |
| \* | Tile Shop Holdings, <br> Inc.<br>| 321528 | 1823064 |
| #\* | Tilly's, Inc., Class A | 163133 | 249594 |
|  | Toll Brothers, Inc. | 536961 | 54163256 |
| \* | Topgolf Callaway <br> Brands Corp.<br>| 1297526 | 8576647 |
| \* | Traeger, Inc. | 69752 | 101838 |
| \* | Tri Pointe Homes, Inc. | 737983 | 22692977 |
| #\* | Under Armour, Inc. (UA <br> US), Class C<br>| 1557218 | 8471266 |
| #\* | Under Armour, Inc. <br> (UAA US), Class A<br>| 1528904 | 8745331 |
| \* | Unifi, Inc. | 136663 | 695615 |
| \* | Universal Electronics, <br> Inc.<br>| 95387 | 462627 |
|  | Upbound Group, Inc. | 346816 | 6901638 |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | Urban Outfitters, Inc. | 234858 | $12395805 |
| #\* | Vera Bradley, Inc. | 214175 | 417641 |
| \* | Victoria's Secret & Co. | 24418 | 459058 |
| \* | Visteon Corp. | 133389 | 10563075 |
|  | Weyco Group, Inc. | 79851 | 2387545 |
| # | Whirlpool Corp. | 210700 | 16072196 |
|  | Winnebago Industries, <br> Inc.<br>| 224019 | 7128285 |
| \* | Zumiez, Inc. | 160755 | 1880834 |
| TOTAL CONSUMER <br> DISCRETIONARY | TOTAL CONSUMER <br> DISCRETIONARY |  | 1595249230 |
| CONSUMER STAPLES — (6.2%) | CONSUMER STAPLES — (6.2%) | CONSUMER STAPLES — (6.2%) | CONSUMER STAPLES — (6.2%) |
|  | Alico, Inc. | 55958 | 1597041 |
|  | Andersons, Inc. | 287945 | 10858406 |
| # | B&G Foods, Inc. | 577218 | 3977032 |
| \* | Boston Beer Co., Inc. , <br> Class A<br>| 45408 | 11161286 |
| \* | Bridgford Foods Corp. | 1732 | 14081 |
|  | Bunge Global SA | 694907 | 54703079 |
|  | Calavo Growers, Inc. | 130558 | 3606012 |
| # | Cal-Maine Foods, Inc. | 346236 | 32328055 |
|  | Campbell's Co. | 625023 | 22788339 |
| #\* | Central Garden & Pet <br> Co. (CENT US)<br>| 107546 | 3609244 |
| \* | Central Garden & Pet <br> Co. (CENTA US), <br> Class A<br>| 419538 | 12405739 |
| \* | Coffee Holding Co., <br> Inc.<br>| 10036 | 34624 |
|  | Conagra Brands, Inc. | 2707159 | 66893899 |
| \* | Coty, Inc., Class A | 520638 | 2629222 |
| \* | Darling Ingredients, <br> Inc.<br>| 1163849 | 37464299 |
|  | Dole PLC | 448347 | 6810391 |
|  | Edgewell Personal <br> Care Co.<br>| 396247 | 12105346 |
| \* | Farmer Bros Co. | 113752 | 212716 |
|  | Flowers Foods, Inc. | 286531 | 5040080 |
|  | Fresh Del Monte <br> Produce, Inc.<br>| 404864 | 13769425 |
| \* | Grocery Outlet Holding <br> Corp.<br>| 553205 | 9288312 |
| \* | Hain Celestial Group, <br> Inc.<br>| 472594 | 1436686 |
| \* | HF Foods Group, Inc. | 67847 | 254426 |
|  | Ingles Markets, Inc., <br> Class A<br>| 121249 | 7479851 |
|  | Ingredion, Inc. | 452120 | 60050578 |
|  | J&J Snack Foods <br> Corp.<br>| 38665 | 5010597 |
|  | J.M. Smucker Co. | 471457 | 54816305 |
|  | John B Sanfilippo & <br> Son, Inc.<br>| 31338 | 2076769 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
|  | Lifevantage Corp. | 358 | $4429 |
| \* | Lifeway Foods, Inc. | 88228 | 2089239 |
|  | Limoneira Co. | 102187 | 1535871 |
| \* | Mannatech, Inc. | 1106 | 11414 |
|  | MGP Ingredients, Inc. | 94368 | 2781025 |
| \* | Mission Produce, Inc. | 353984 | 3707982 |
| # | Molson Coors <br> Beverage Co., <br> Class B<br>| 1395693 | 80294218 |
| \* | Natural Alternatives <br> International, Inc.<br>| 43065 | 129195 |
|  | Natural Grocers by <br> Vitamin Cottage, <br> Inc.<br>| 184332 | 9246093 |
| \* | Nature's Sunshine <br> Products, Inc.<br>| 119115 | 1467497 |
|  | Nu Skin Enterprises, <br> Inc., Class A<br>| 74316 | 470420 |
|  | Oil-Dri Corp. of <br> America<br>| 101706 | 4280806 |
| #\* | Olaplex Holdings, Inc. | 108230 | 141781 |
| \* | Performance Food <br> Group Co.<br>| 283188 | 22841944 |
|  | Pilgrim's Pride Corp. | 207888 | 11346527 |
| \* | Post Holdings, Inc. | 272101 | 30793670 |
| # | PriceSmart, Inc. | 227546 | 23093644 |
|  | Reynolds Consumer <br> Products, Inc.<br>| 271125 | 6235875 |
|  | Seaboard Corp. | 6428 | 16622679 |
| \* | Seneca Foods Corp. <br> (SENEA US), <br> Class A<br>| 56833 | 5097352 |
| \*» | Seneca Foods Corp. <br> (SENEB US), <br> Class B<br>| 289 | 26013 |
| \* | Simply Good Foods <br> Co.<br>| 651244 | 23516421 |
|  | SpartanNash Co. | 290247 | 5758501 |
|  | Spectrum Brands <br> Holdings, Inc.<br>| 213153 | 13449954 |
|  | Tootsie Roll Industries, <br> Inc.<br>| 89839 | 2874848 |
| \* | TreeHouse Foods, Inc. | 439735 | 10241428 |
| \* | United Natural Foods, <br> Inc.<br>| 439620 | 11742250 |
|  | Universal Corp. | 209895 | 12230582 |
| \* | USANA Health <br> Sciences, Inc.<br>| 131076 | 3681925 |
|  | Utz Brands, Inc. | 223316 | 2967870 |
|  | Village Super Market, <br> Inc., Class A<br>| 105957 | 3904515 |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
|  | Weis Markets, Inc. | 237552 | $20427097 |
| TOTAL CONSUMER <br> STAPLES | TOTAL CONSUMER <br> STAPLES |  | 775434905 |
| ENERGY — (7.8%) | ENERGY — (7.8%) | ENERGY — (7.8%) | ENERGY — (7.8%) |
| \* | Amplify Energy Corp. | 367711 | 956049 |
| \* | Antero Resources <br> Corp.<br>| 1084553 | 37774981 |
| # | APA Corp. | 1899216 | 29513817 |
|  | Archrock, Inc. | 1342996 | 31600696 |
|  | Ardmore Shipping <br> Corp.<br>| 324139 | 3092286 |
| # | Atlas Energy Solutions, <br> Inc.<br>| 252984 | 3422874 |
|  | Berry Corp. | 553459 | 1372578 |
| \* | Bristow Group, Inc. | 210415 | 6110452 |
|  | Cactus, Inc., Class A | 65997 | 2503926 |
|  | California Resources <br> Corp.<br>| 473089 | 16326301 |
|  | Chord Energy Corp. <br> (CHRD US)<br>| 47596 | 4294587 |
|  | Civitas Resources, <br> Inc.<br>| 425151 | 11585365 |
| \* | Clean Energy Fuels <br> Corp.<br>| 1610270 | 2334891 |
| #\* | CNX Resources Corp. | 1191152 | 35055603 |
| #\* | Comstock Resources, <br> Inc.<br>| 2101953 | 38402681 |
| # | Core Laboratories, <br> Inc.<br>| 95715 | 1088280 |
|  | Core Natural <br> Resources, Inc.<br>| 447602 | 32321340 |
|  | Crescent Energy Co., <br> Class A<br>| 1130137 | 9357534 |
| # | CVR Energy, Inc. | 161380 | 3043627 |
| # | Delek U.S. Holdings, <br> Inc.<br>| 508111 | 6615605 |
|  | DHT Holdings, Inc. | 1291082 | 13801667 |
| \* | DMC Global, Inc. | 172615 | 1120271 |
|  | Dorian LPG Ltd. | 342554 | 7337507 |
| \* | DT Midstream, Inc. | 359619 | 34954967 |
|  | Energy Services of <br> America Corp.<br>| 36218 | 309664 |
|  | Epsilon Energy Ltd. | 56225 | 395262 |
|  | Evolution Petroleum <br> Corp.<br>| 256465 | 1074588 |
| \* | Expro Group Holdings <br> NV<br>| 802100 | 6633367 |
| \* | Forum Energy <br> Technologies, Inc.<br>| 86584 | 1268456 |
|  | FutureFuel Corp. | 316924 | 1302558 |
| \* | Geospace <br> Technologies Corp.<br>| 83213 | 535892 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
| \* | Gran Tierra Energy, <br> Inc. (GTE US)<br>| 3136 | $13830 |
| # | Granite Ridge <br> Resources, Inc.<br>| 203107 | 976945 |
| \* | Green Plains, Inc. | 287359 | 1028745 |
| \* | Gulf Island Fabrication, <br> Inc.<br>| 118659 | 848412 |
| \* | Gulfport Energy Corp. | 58515 | 10093837 |
| \* | Hallador Energy Co. | 285758 | 4019186 |
| \* | Helix Energy Solutions <br> Group, Inc.<br>| 1214387 | 7395617 |
| # | Helmerich & Payne, <br> Inc.<br>| 725983 | 13713819 |
|  | HF Sinclair Corp. | 1447378 | 43522656 |
| \* | Innovex International, <br> Inc.<br>| 462066 | 6977197 |
| # | International Seaways, <br> Inc.<br>| 393692 | 13369780 |
|  | Kodiak Gas Services, <br> Inc.<br>| 270514 | 9200181 |
| #\* | Kosmos Energy Ltd. | 1581506 | 2435519 |
|  | Liberty Energy, Inc. | 1272951 | 14638936 |
|  | Magnolia Oil & Gas <br> Corp., Class A<br>| 828692 | 17013047 |
| \* | Mammoth Energy <br> Services, Inc.<br>| 226326 | 572605 |
|  | Matador Resources <br> Co.<br>| 932173 | 36858120 |
|  | Mexco Energy Corp. | 1995 | 12968 |
| # | Murphy Oil Corp. | 1155967 | 23732003 |
| #\* | Nabors Industries Ltd. | 57339 | 1538979 |
|  | NACCO Industries, <br> Inc., Class A<br>| 51248 | 1788555 |
| \* | National Energy <br> Services Reunited <br> Corp.<br>| 17755 | 110614 |
| \* | Natural Gas Services <br> Group, Inc.<br>| 102739 | 1846220 |
| \* | NCS Multistage <br> Holdings, Inc.<br>| 1837 | 54210 |
| # | Noble Corp. PLC | 217430 | 4726928 |
| # | Nordic American <br> Tankers Ltd.<br>| 1552309 | 3973911 |
| # | Northern Oil & Gas, <br> Inc.<br>| 669385 | 16266055 |
|  | NOV, Inc. | 2752838 | 31960449 |
| \* | NPK International, Inc. | 789966 | 4566003 |
| \* | Oceaneering <br> International, Inc.<br>| 183209 | 3251960 |
| \* | Oil States International, <br> Inc.<br>| 456949 | 1603891 |
|  | Ovintiv, Inc. | 1636903 | 54967203 |
| \* | Par Pacific Holdings, <br> Inc.<br>| 286227 | 4098771 |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
| # | Patterson-UTI Energy, <br> Inc.<br>| 2554517 | $14407476 |
|  | PBF Energy, Inc., <br> Class A<br>| 866426 | 14885199 |
|  | Peabody Energy Corp. | 959715 | 11842883 |
|  | Permian Resources <br> Corp.<br>| 4885484 | 57648711 |
|  | PHX Minerals, Inc. | 262306 | 1004632 |
| \* | PrimeEnergy <br> Resources Corp.<br>| 9686 | 1645361 |
| \* | ProPetro Holding <br> Corp.<br>| 770375 | 3836467 |
|  | Range Resources <br> Corp.<br>| 560918 | 19031948 |
|  | Ranger Energy <br> Services, Inc., <br> Class A<br>| 150553 | 1669633 |
| \* | REX American <br> Resources Corp.<br>| 165108 | 6558090 |
| # | Riley Exploration <br> Permian, Inc.<br>| 49869 | 1230767 |
| # | RPC, Inc. | 1555154 | 7355878 |
|  | SandRidge Energy, <br> Inc.<br>| 273818 | 2494482 |
|  | Scorpio Tankers, Inc. | 422697 | 15931450 |
| \* | SEACOR Marine <br> Holdings, Inc.<br>| 190165 | 928005 |
| #\* | Seadrill Ltd. | 472739 | 9710059 |
|  | Select Water Solutions, <br> Inc.<br>| 877124 | 7473096 |
|  | SFL Corp. Ltd. | 1075571 | 8841194 |
|  | Sitio Royalties Corp., <br> Class A<br>| 322344 | 5466954 |
|  | SM Energy Co. | 903625 | 20593614 |
|  | Smart Sand, Inc. | 190815 | 400711 |
| \* | Stabilis Solutions, Inc. | 586 | 3411 |
| \* | Talos Energy, Inc. | 1311063 | 9020113 |
|  | Teekay Corp. Ltd. | 672713 | 4850261 |
|  | Teekay Tankers Ltd., <br> Class A<br>| 237682 | 10118123 |
| \* | TETRA Technologies, <br> Inc.<br>| 396295 | 1129441 |
| #\* | Tidewater, Inc. | 196118 | 7097510 |
| \* | TOP Ships, Inc. | 1650 | 9570 |
| #\* | Transocean Ltd. | 6012546 | 12806723 |
| # | VAALCO Energy, Inc. | 596161 | 1949446 |
| #\* | Valaris Ltd. | 392456 | 12680253 |
| #\* | Vital Energy, Inc. | 116994 | 1658975 |
|  | Vitesse Energy, Inc. | 208733 | 4268590 |
|  | World Kinect Corp. | 465365 | 11676008 |
| TOTAL ENERGY | TOTAL ENERGY |  | 972909858 |
| FINANCIALS — (28.0%) | FINANCIALS — (28.0%) | FINANCIALS — (28.0%) | FINANCIALS — (28.0%) |
|  | 1st Source Corp. | 207672 | 12449936 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | Acacia Research <br> Corp.<br>| 316951 | $979379 |
|  | ACNB Corp. | 43951 | 1841986 |
|  | Affiliated Managers <br> Group, Inc.<br>| 6948 | 1150797 |
|  | Affinity Bancshares, <br> Inc.<br>| 6529 | 119872 |
|  | Alerus Financial Corp. | 53597 | 1065508 |
|  | Ally Financial, Inc. | 2167576 | 70793032 |
|  | Amalgamated Financial <br> Corp.<br>| 215076 | 6056540 |
| \* | Ambac Financial <br> Group, Inc.<br>| 381606 | 3045216 |
|  | Amerant Bancorp, Inc. | 168219 | 2832808 |
|  | American Coastal <br> Insurance Corp.<br>| 2587 | 29569 |
|  | Ameris Bancorp | 526081 | 30828347 |
|  | AmeriServ Financial, <br> Inc.<br>| 127994 | 308466 |
|  | Ames National Corp. | 49066 | 851786 |
|  | Arrow Financial Corp. | 115759 | 2839568 |
|  | Associated <br> Banc-Corp.<br>| 1282516 | 28292303 |
|  | Associated Capital <br> Group, Inc., Class A<br>| 18218 | 658034 |
|  | Assured Guaranty Ltd. | 395814 | 34724762 |
|  | Atlantic Union <br> Bankshares Corp.<br>| 991668 | 27469204 |
| \* | Atlanticus Holdings <br> Corp.<br>| 95883 | 5256306 |
|  | Auburn National <br> BanCorp, Inc.<br>| 1419 | 27926 |
|  | Axis Capital Holdings <br> Ltd.<br>| 429461 | 41365684 |
| \* | Axos Financial, Inc. | 451092 | 28635320 |
|  | Banc of California, Inc. | 361298 | 4870297 |
|  | BancFirst Corp. | 1770 | 208541 |
|  | Bank First Corp. | 2606 | 284523 |
|  | Bank of Hawaii Corp. | 53212 | 3517845 |
|  | Bank of Marin <br> Bancorp<br>| 103009 | 2113745 |
|  | Bank of NT Butterfield <br> & Son Ltd.<br>| 219634 | 8824894 |
|  | Bank of the James <br> Financial Group, <br> Inc.<br>| 3940 | 53269 |
|  | Bank OZK | 879137 | 37451236 |
|  | Bank7 Corp. | 32095 | 1168258 |
|  | BankFinancial Corp. | 141531 | 1739416 |
|  | BankUnited, Inc. | 531172 | 17374636 |
|  | Bankwell Financial <br> Group, Inc.<br>| 43186 | 1464437 |
|  | Banner Corp. | 244435 | 14944756 |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Bar Harbor <br> Bankshares<br>| 106703 | $3162677 |
|  | BayCom Corp. | 86371 | 2246510 |
|  | BCB Bancorp, Inc. | 117652 | 967099 |
|  | Berkshire Hills <br> Bancorp, Inc.<br>| 347428 | 8626637 |
| \* | Blue Foundry Bancorp | 154479 | 1442834 |
| \* | Blue Ridge <br> Bankshares, Inc.<br>| 34600 | 118678 |
|  | BOK Financial Corp. | 450624 | 41984638 |
|  | Bread Financial <br> Holdings, Inc.<br>| 378727 | 17970596 |
| \* | Bridgewater <br> Bancshares, Inc.<br>| 135249 | 2081482 |
| \* | Brighthouse Financial, <br> Inc.<br>| 447913 | 26077495 |
| \* | Broadway Financial <br> Corp.<br>| 6851 | 44532 |
|  | Brookline Bancorp, <br> Inc.<br>| 698765 | 7295107 |
|  | Burke & Herbert <br> Financial Services <br> Corp.<br>| 43871 | 2452828 |
|  | Business First <br> Bancshares, Inc.<br>| 105342 | 2428133 |
| \* | BV Financial, Inc. | 9904 | 152026 |
|  | Byline Bancorp, Inc. | 308421 | 7877072 |
|  | C&F Financial Corp. | 22203 | 1438088 |
|  | Cadence Bank | 1433853 | 41954539 |
| \* | California BanCorp | 21176 | 295829 |
| » | California First Leasing <br> Corp.<br>| 755 | 14081 |
|  | Camden National <br> Corp.<br>| 115582 | 4452219 |
|  | Capital Bancorp, Inc. | 56429 | 1782592 |
|  | Capital City Bank <br> Group, Inc.<br>| 141534 | 5171652 |
|  | Capitol Federal <br> Financial, Inc.<br>| 931158 | 5279666 |
| \* | Carter Bankshares, <br> Inc.<br>| 159290 | 2438730 |
| \* | Carver Bancorp, Inc. | 3882 | 5202 |
|  | Cass Information <br> Systems, Inc.<br>| 1538 | 62658 |
|  | Cathay General <br> Bancorp<br>| 509923 | 21258690 |
|  | CB Financial Services, <br> Inc.<br>| 2041 | 58536 |
| \* | CCUR Holdings, Inc. | 14 | 29190 |
|  | Central Pacific <br> Financial Corp.<br>| 191391 | 4916835 |
|  | CF Bankshares, Inc. | 1900 | 43662 |
|  | Chemung Financial <br> Corp.<br>| 27921 | 1238017 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | ChoiceOne Financial <br> Services, Inc.<br>| 4982 | $141638 |
|  | Citizens & Northern <br> Corp.<br>| 105276 | 2026563 |
|  | Citizens Community <br> Bancorp, Inc.<br>| 27170 | 402659 |
|  | Citizens Financial <br> Services, Inc.<br>| 1109 | 60363 |
|  | City Holding Co. | 7138 | 827080 |
|  | Civista Bancshares, <br> Inc.<br>| 107828 | 2427208 |
|  | CNB Financial Corp. | 128707 | 2825119 |
|  | CNO Financial Group, <br> Inc.<br>| 721123 | 27359407 |
| \* | Coastal Financial <br> Corp.<br>| 9727 | 799073 |
|  | Cohen & Co., Inc. | 2487 | 21140 |
|  | Colony Bankcorp, Inc. | 107905 | 1674686 |
|  | Columbia Banking <br> System, Inc.<br>| 740898 | 16610933 |
| #\* | Columbia Financial, <br> Inc.<br>| 286142 | 3854333 |
|  | Comerica, Inc. | 892098 | 47950268 |
|  | Community Financial <br> System, Inc.<br>| 291587 | 15917734 |
|  | Community Trust <br> Bancorp, Inc.<br>| 161465 | 7905326 |
|  | Community West <br> Bancshares<br>| 103483 | 1810953 |
|  | ConnectOne Bancorp, <br> Inc.<br>| 285786 | 6438759 |
| \* | Consumer Portfolio <br> Services, Inc.<br>| 213629 | 1971796 |
| \* | Customers Bancorp, <br> Inc.<br>| 249769 | 12488450 |
|  | CVB Financial Corp. | 953398 | 17675999 |
|  | DigitalBridge Group, <br> Inc.<br>| 285326 | 2396738 |
|  | Dime Community <br> Bancshares, Inc.<br>| 288961 | 7423408 |
| # | Dominari Holdings, <br> Inc.<br>| 3827 | 17566 |
|  | Donegal Group, Inc. <br> (DGICA US), <br> Class A<br>| 269955 | 5223629 |
|  | Eagle Bancorp <br> Montana, Inc.<br>| 29359 | 510847 |
| # | Eagle Bancorp, Inc. | 210346 | 3775711 |
|  | Eastern Bankshares, <br> Inc.<br>| 1027371 | 15328375 |
| \* | eHealth, Inc. | 199606 | 1109809 |
|  | Employers Holdings, <br> Inc.<br>| 198247 | 9632822 |
|  | Enact Holdings, Inc. | 240659 | 8613186 |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | Encore Capital Group, <br> Inc.<br>| 214818 | $7389739 |
| \* | Enova International, <br> Inc.<br>| 203573 | 18685966 |
| \* | Enstar Group Ltd. | 20274 | 6779828 |
|  | Enterprise Bancorp, <br> Inc.<br>| 60349 | 2244983 |
|  | Enterprise Financial <br> Services Corp.<br>| 260109 | 13530870 |
|  | Equity Bancshares, <br> Inc., Class A<br>| 121954 | 4694009 |
|  | ESSA Bancorp, Inc. | 35707 | 660580 |
|  | Essent Group Ltd. | 737908 | 42009102 |
|  | Evans Bancorp, Inc. | 26940 | 1035843 |
| #\* | EZCORP, Inc., <br> Class A<br>| 400915 | 6562979 |
|  | F&G Annuities & Life, <br> Inc.<br>| 23639 | 822874 |
| # | Farmers & Merchants <br> Bancorp, Inc.<br>| 19729 | 516308 |
|  | Farmers National Banc <br> Corp.<br>| 245298 | 3198686 |
|  | FB Financial Corp. | 419485 | 17853282 |
|  | Federal Agricultural <br> Mortgage Corp. <br> (AGM US), Class C<br>| 65784 | 11533909 |
|  | Federal Agricultural <br> Mortgage Corp. <br> (AGM/A US), <br> Class A<br>| 301 | 39237 |
|  | Fidelis Insurance <br> Holdings Ltd.<br>| 102050 | 1668518 |
|  | Fidelity D&D Bancorp, <br> Inc.<br>| 1845 | 74686 |
| \* | Finance of America <br> Cos., Inc., Class A<br>| 3074 | 64185 |
|  | Financial Institutions, <br> Inc.<br>| 139051 | 3530505 |
|  | Finward Bancorp | 2970 | 91060 |
| \* | Finwise Bancorp | 4384 | 66286 |
|  | First American <br> Financial Corp.<br>| 669323 | 40701532 |
|  | First BanCorp | 1293296 | 25400333 |
|  | First Bancorp, Inc. | 78661 | 1921688 |
|  | First Bancorp/Southern <br> Pines NC<br>| 291043 | 11775600 |
|  | First Bank | 128614 | 1849469 |
|  | First Busey Corp. | 675622 | 14046181 |
|  | First Business <br> Financial Services, <br> Inc.<br>| 76778 | 3696093 |
|  | First Capital, Inc. | 385 | 17367 |
|  | First Commonwealth <br> Financial Corp.<br>| 803569 | 12310677 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | First Community <br> Bankshares, Inc.<br>| 176604 | $6654439 |
|  | First Community Corp. | 26334 | 618849 |
|  | First Financial <br> Bancorp<br>| 765525 | 17721904 |
|  | First Financial Corp. | 83564 | 4128062 |
| \*» | First Financial <br> Northwest, Inc.<br>| 82917 | 99500 |
| # | First Foundation, Inc. | 528761 | 2654380 |
|  | First Hawaiian, Inc. | 904951 | 20687180 |
|  | First Horizon Corp. | 3817933 | 69028229 |
|  | First Internet Bancorp | 60753 | 1291609 |
|  | First Interstate <br> BancSystem, Inc., <br> Class A<br>| 694130 | 18182735 |
|  | First Merchants Corp. | 414569 | 14775239 |
|  | First Mid Bancshares, <br> Inc.<br>| 149529 | 4998754 |
|  | First Northwest <br> Bancorp<br>| 67736 | 697681 |
|  | First of Long Island <br> Corp.<br>| 156399 | 1801716 |
|  | First Savings Financial <br> Group, Inc.<br>| 4422 | 117802 |
|  | First United Corp. | 44311 | 1319138 |
| \* | First Western <br> Financial, Inc.<br>| 48929 | 1031913 |
| \* | Firstsun Capital <br> Bancorp<br>| 4579 | 160219 |
|  | Five Star Bancorp | 23861 | 660472 |
|  | Flagstar Financial, Inc. | 9641 | 112896 |
|  | Flushing Financial <br> Corp.<br>| 232315 | 2780811 |
|  | FNB Corp. | 2547855 | 33351422 |
|  | Franklin Financial <br> Services Corp.<br>| 3364 | 129850 |
| # | Franklin Resources, <br> Inc.<br>| 2212517 | 41506819 |
|  | FS Bancorp, Inc. | 67176 | 2626582 |
|  | Fulton Financial Corp. | 1423950 | 23751486 |
| \* | Fundamental Global, <br> Inc.<br>| 2004 | 33066 |
| #\* | FVCBankcorp, Inc. | 55112 | 629379 |
| \* | Genworth Financial, <br> Inc.<br>| 3395321 | 23291902 |
|  | German American <br> Bancorp, Inc.<br>| 199185 | 7551103 |
|  | Glacier Bancorp, Inc. | 4071 | 165934 |
|  | Globe Life, Inc. | 249505 | 30773947 |
| \* | GoHealth, Inc., <br> Class A<br>| 4927 | 51881 |
|  | Great Southern <br> Bancorp, Inc.<br>| 107469 | 5910795 |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | Green Dot Corp., <br> Class A<br>| 271843 | $2275326 |
| \* | Greenlight Capital Re <br> Ltd., Class A<br>| 296779 | 3892257 |
| # | Guaranty Bancshares, <br> Inc.<br>| 76459 | 3017072 |
|  | Hancock Whitney <br> Corp.<br>| 686843 | 35777652 |
|  | Hanmi Financial Corp. | 214751 | 4911355 |
|  | Hanover Bancorp, Inc. | 1749 | 40559 |
|  | HarborOne Bancorp, <br> Inc.<br>| 313412 | 3547824 |
|  | Hawthorn Bancshares, <br> Inc.<br>| 790 | 23321 |
|  | HBT Financial, Inc. | 59698 | 1383501 |
|  | Hennessy Advisors, <br> Inc.<br>| 3114 | 33569 |
|  | Heritage Commerce <br> Corp.<br>| 428750 | 3875900 |
|  | Heritage Financial <br> Corp.<br>| 244551 | 5580654 |
| \* | Heritage Global, Inc. | 7421 | 14990 |
| \* | Heritage Insurance <br> Holdings, Inc.<br>| 195019 | 3685859 |
|  | Hilltop Holdings, Inc. | 486582 | 14368766 |
| # | Hingham Institution For <br> Savings<br>| 4157 | 1037421 |
| \* | Hippo Holdings, Inc. | 30544 | 706177 |
|  | Home Bancorp, Inc. | 56815 | 2860067 |
|  | Home BancShares, <br> Inc.<br>| 842081 | 23367748 |
| \* | HomeStreet, Inc. | 77682 | 882468 |
|  | HomeTrust <br> Bancshares, Inc.<br>| 82580 | 2819281 |
|  | Hope Bancorp, Inc. | 958841 | 9559645 |
|  | Horace Mann <br> Educators Corp.<br>| 290708 | 12076010 |
|  | Horizon Bancorp, Inc. | 305597 | 4486164 |
|  | Independent Bank <br> Corp. (IBCP US)<br>| 162524 | 4950481 |
|  | Independent Bank <br> Corp. (INDB US)<br>| 310688 | 18358554 |
|  | International <br> Bancshares Corp.<br>| 597004 | 36441124 |
|  | Invesco Ltd. | 2735207 | 38101434 |
|  | Investar Holding Corp. | 54797 | 1048267 |
|  | Investors Title Co. | 13443 | 3107887 |
|  | Jackson Financial, Inc., <br> Class A<br>| 560436 | 43663569 |
|  | James River Group <br> Holdings Ltd.<br>| 123301 | 586913 |
|  | Janus Henderson <br> Group PLC<br>| 1072421 | 35615101 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Jefferies Financial <br> Group, Inc.<br>| 142491 | $6658604 |
|  | Kearny Financial <br> Corp.<br>| 446243 | 2793481 |
|  | Kemper Corp. | 336510 | 19894471 |
|  | Lake Shore Bancorp, <br> Inc.<br>| 406 | 5984 |
|  | Landmark Bancorp, <br> Inc.<br>| 4357 | 122929 |
|  | LCNB Corp. | 61189 | 919059 |
| \* | LendingClub Corp. | 793570 | 7753179 |
|  | Lincoln National Corp. | 58045 | 1849894 |
|  | Live Oak Bancshares, <br> Inc.<br>| 176177 | 4605267 |
|  | Magyar Bancorp, Inc. | 2641 | 36393 |
| \* | Maiden Holdings Ltd. | 447200 | 626080 |
|  | MainStreet <br> Bancshares, Inc.<br>| 11725 | 224182 |
|  | Mercantile Bank Corp. | 135594 | 5736982 |
|  | Merchants Bancorp | 179762 | 5407241 |
| # | Mercury General <br> Corp.<br>| 395152 | 21899324 |
|  | Meridian Corp. | 33625 | 453938 |
|  | Metrocity Bankshares, <br> Inc.<br>| 55971 | 1543120 |
| \* | Metropolitan Bank <br> Holding Corp.<br>| 50679 | 3138550 |
|  | MGIC Investment <br> Corp.<br>| 1914113 | 47680555 |
| # | Mid Penn Bancorp, <br> Inc.<br>| 95140 | 2763817 |
|  | Middlefield Banc Corp. | 649 | 16829 |
|  | Midland States <br> Bancorp, Inc.<br>| 164826 | 2683367 |
|  | MidWestOne Financial <br> Group, Inc.<br>| 141173 | 3916139 |
| \* | Mr. Cooper Group, <br> Inc.<br>| 464321 | 55258842 |
|  | MVB Financial Corp. | 69341 | 1182957 |
|  | National Bank Holdings <br> Corp., Class A<br>| 300346 | 10860511 |
|  | National Bankshares, <br> Inc.<br>| 23152 | 596627 |
|  | Navient Corp. | 1212521 | 15011010 |
| # | NBT Bancorp, Inc. | 356388 | 15089468 |
|  | Nelnet, Inc., Class A | 249133 | 26430520 |
| \* | NerdWallet, Inc., <br> Class A<br>| 42814 | 383613 |
| \* | NI Holdings, Inc. | 57311 | 716388 |
|  | Nicolet Bankshares, <br> Inc.<br>| 103993 | 12147422 |
| \* | NMI Holdings, Inc. | 652789 | 23611378 |
|  | Northeast Bank | 65772 | 5447237 |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Northeast Community <br> Bancorp, Inc.<br>| 45393 | $1033145 |
|  | Northfield Bancorp, <br> Inc.<br>| 332695 | 3509932 |
|  | Northrim BanCorp, <br> Inc.<br>| 57569 | 4622215 |
|  | Northwest Bancshares, <br> Inc.<br>| 906177 | 11191286 |
|  | Norwood Financial <br> Corp.<br>| 13104 | 327731 |
|  | Oak Valley Bancorp | 13895 | 364049 |
|  | OceanFirst Financial <br> Corp.<br>| 418270 | 6926551 |
|  | OFG Bancorp | 439706 | 17302431 |
|  | Ohio Valley Banc <br> Corp.<br>| 13383 | 482056 |
| #\* | Old Market Capital <br> Corp.<br>| 43400 | 247814 |
| # | Old National Bancorp | 2321423 | 47798100 |
|  | Old Point Financial <br> Corp.<br>| 1868 | 72553 |
|  | Old Republic <br> International Corp.<br>| 1173509 | 44123938 |
|  | Old Second Bancorp, <br> Inc.<br>| 326738 | 5159193 |
|  | OneMain Holdings, <br> Inc.<br>| 731890 | 34450062 |
| \* | Onity Group, Inc. | 54164 | 2031692 |
|  | OP Bancorp | 73802 | 947618 |
| \* | Oportun Financial <br> Corp.<br>| 163657 | 837924 |
|  | Oppenheimer <br> Holdings, Inc., <br> Class A<br>| 65328 | 3855005 |
| \* | OptimumBank <br> Holdings, Inc.<br>| 28972 | 125449 |
|  | Orange County <br> Bancorp, Inc.<br>| 3770 | 89462 |
|  | Origin Bancorp, Inc. | 181985 | 5830799 |
|  | Orrstown Financial <br> Services, Inc.<br>| 101245 | 3034313 |
|  | Pacific Premier <br> Bancorp, Inc.<br>| 682680 | 13885711 |
|  | Park National Corp. | 45487 | 6827599 |
|  | Parke Bancorp, Inc. | 80286 | 1513391 |
|  | Pathfinder Bancorp, <br> Inc.<br>| 806 | 11050 |
|  | Pathward Financial, <br> Inc.<br>| 188005 | 14921957 |
| #\* | Paysafe Ltd. | 290219 | 4420035 |
|  | PCB Bancorp | 61539 | 1206780 |
|  | Peapack-Gladstone <br> Financial Corp.<br>| 136401 | 3775580 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Penns Woods <br> Bancorp, Inc.<br>| 32702 | $955879 |
|  | PennyMac Financial <br> Services, Inc.<br>| 299240 | 29157946 |
|  | Peoples Bancorp of <br> North Carolina, Inc.<br>| 18712 | 516825 |
|  | Peoples Bancorp, Inc. | 299601 | 8691425 |
|  | Peoples Financial <br> Services Corp.<br>| 26965 | 1165427 |
|  | Pinnacle Financial <br> Partners, Inc.<br>| 315174 | 31593042 |
| \* | Pioneer Bancorp, Inc. | 24292 | 272556 |
|  | Plumas Bancorp | 5043 | 222346 |
| \* | Ponce Financial <br> Group, Inc.<br>| 140470 | 1807849 |
|  | Popular, Inc. | 536987 | 51239300 |
| \* | PRA Group, Inc. | 274454 | 5022508 |
|  | Preferred Bank | 105700 | 8441202 |
|  | Primis Financial Corp. | 145796 | 1201359 |
|  | Princeton Bancorp, <br> Inc.<br>| 7101 | 216438 |
| \* | ProAssurance Corp. | 350766 | 8141279 |
|  | PROG Holdings, Inc. | 17763 | 468233 |
|  | Prosperity Bancshares, <br> Inc.<br>| 675112 | 45840105 |
| \* | Provident Bancorp, <br> Inc.<br>| 62024 | 688466 |
|  | Provident Financial <br> Holdings, Inc.<br>| 48431 | 726949 |
|  | Provident Financial <br> Services, Inc.<br>| 915081 | 14979876 |
|  | QCR Holdings, Inc. | 150863 | 9798552 |
|  | Radian Group, Inc. | 758065 | 24212596 |
|  | RBB Bancorp | 127454 | 1985733 |
|  | Red River Bancshares, <br> Inc.<br>| 7775 | 409743 |
|  | Regional Management <br> Corp.<br>| 95361 | 3140238 |
|  | Reinsurance Group of <br> America, Inc.<br>| 111870 | 20954370 |
|  | RenaissanceRe <br> Holdings Ltd.<br>| 91972 | 22250786 |
|  | Renasant Corp. | 690310 | 22138242 |
| #\* | Repay Holdings Corp. | 624888 | 2499552 |
|  | Republic Bancorp, Inc., <br> Class A<br>| 106750 | 7242988 |
|  | Richmond Mutual <br> BanCorp, Inc.<br>| 3315 | 46509 |
|  | Riverview Bancorp, <br> Inc.<br>| 240618 | 1520706 |
|  | S&T Bancorp, Inc. | 285624 | 10408139 |
|  | Safety Insurance <br> Group, Inc.<br>| 120468 | 9215802 |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | SB Financial Group, <br> Inc.<br>| 2698 | $52449 |
|  | Seacoast Banking <br> Corp. of Florida<br>| 468341 | 11104365 |
| \* | Security National <br> Financial Corp., <br> Class A<br>| 69603 | 712735 |
| \* | Selectquote, Inc. | 124993 | 396228 |
|  | Shore Bancshares, <br> Inc.<br>| 265381 | 3670219 |
|  | Sierra Bancorp | 103227 | 2731386 |
|  | Simmons First National <br> Corp., Class A<br>| 892136 | 16647258 |
| \* | SiriusPoint Ltd. | 791503 | 13297250 |
|  | SmartFinancial, Inc. | 107880 | 3281710 |
|  | Sound Financial <br> Bancorp, Inc.<br>| 476 | 24167 |
|  | South Plains Financial, <br> Inc.<br>| 80182 | 2702935 |
| \* | Southern First <br> Bancshares, Inc.<br>| 55406 | 1967467 |
|  | Southern Missouri <br> Bancorp, Inc.<br>| 76358 | 4020249 |
|  | Southern States <br> Bancshares, Inc.<br>| 10065 | 336272 |
|  | Southside Bancshares, <br> Inc.<br>| 209559 | 5907468 |
|  | SouthState Corp. | 748234 | 64931747 |
|  | Stellar Bancorp, Inc. | 253094 | 6317226 |
| \*» | Sterling Bancorp, Inc. | 86728 | 419764 |
|  | Stewart Information <br> Services Corp.<br>| 230191 | 15072907 |
| # | Stock Yards Bancorp, <br> Inc.<br>| 43699 | 3180850 |
| \* | StoneX Group, Inc. | 305002 | 27012502 |
|  | Summit State Bank | 10474 | 94685 |
|  | SWK Holdings Corp. | 8025 | 113072 |
|  | Synovus Financial <br> Corp.<br>| 403350 | 17473122 |
| \* | Texas Capital <br> Bancshares, Inc.<br>| 389879 | 26570254 |
|  | TFS Financial Corp. | 104911 | 1359647 |
| \* | Third Coast <br> Bancshares, Inc.<br>| 32993 | 983191 |
|  | Timberland Bancorp, <br> Inc.<br>| 69983 | 2151277 |
|  | Tiptree, Inc. | 382659 | 8537122 |
|  | Tompkins Financial <br> Corp.<br>| 93166 | 5552694 |
|  | Towne Bank | 588198 | 19381124 |
|  | TriCo Bancshares | 233558 | 9010668 |
| #\* | Triumph Financial, Inc. | 104355 | 5574644 |
|  | TrustCo Bank Corp. | 163612 | 4981985 |
|  | Trustmark Corp. | 559782 | 18780686 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | U.S. Global Investors, <br> Inc., Class A<br>| 3324 | $7080 |
|  | UMB Financial Corp. | 312706 | 29572606 |
|  | United Bancorp, Inc. | 4772 | 59411 |
|  | United Bancshares, <br> Inc.<br>| 5965 | 160876 |
|  | United Bankshares, <br> Inc.<br>| 994350 | 34096262 |
|  | United Community <br> Banks, Inc.<br>| 935483 | 25828686 |
|  | United Fire Group, <br> Inc.<br>| 170825 | 4726728 |
|  | United Security <br> Bancshares<br>| 131423 | 1169665 |
|  | Unity Bancorp, Inc. | 74071 | 3066539 |
|  | Universal Insurance <br> Holdings, Inc.<br>| 220152 | 5336484 |
|  | Univest Financial <br> Corp.<br>| 341286 | 10081588 |
|  | Unum Group | 899218 | 69833270 |
|  | USCB Financial <br> Holdings, Inc.<br>| 3119 | 52898 |
|  | Valley National <br> Bancorp<br>| 4322296 | 37171746 |
| \* | Velocity Financial, Inc. | 28025 | 500807 |
|  | Veritex Holdings, Inc. | 372816 | 8679157 |
|  | Virginia National <br> Bankshares Corp.<br>| 6403 | 235502 |
|  | Virtus Investment <br> Partners, Inc.<br>| 39272 | 6031786 |
|  | Voya Financial, Inc. | 218144 | 12914125 |
|  | WaFd, Inc. | 638398 | 18213495 |
|  | Walker & Dunlop, Inc. | 174192 | 13332656 |
|  | Washington Trust <br> Bancorp, Inc.<br>| 132518 | 3657497 |
|  | Waterstone Financial, <br> Inc.<br>| 193859 | 2345694 |
|  | Webster Financial <br> Corp.<br>| 1152226 | 54500290 |
|  | WesBanco, Inc. | 671186 | 19987919 |
|  | West BanCorp, Inc. | 114387 | 2219680 |
|  | Westamerica BanCorp | 63040 | 3053027 |
|  | Western Alliance <br> Bancorp<br>| 299675 | 20890344 |
|  | Western New England <br> Bancorp, Inc.<br>| 167335 | 1544502 |
|  | Westwood Holdings <br> Group, Inc.<br>| 37923 | 633314 |
|  | White Mountains <br> Insurance Group <br> Ltd.<br>| 19855 | 35092720 |
|  | William Penn Bancorp | 515 | 6345 |
|  | Wintrust Financial <br> Corp.<br>| 353593 | 39308934 |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | World Acceptance <br> Corp.<br>| 27026 | $3489597 |
|  | WSFS Financial Corp. | 481077 | 24799519 |
|  | WVS Financial Corp. | 111 | 1369 |
|  | Zions Bancorp NA | 1140924 | 51307352 |
| TOTAL FINANCIALS | TOTAL FINANCIALS |  | 3496219835 |
| HEALTH CARE — (6.1%) | HEALTH CARE — (6.1%) | HEALTH CARE — (6.1%) | HEALTH CARE — (6.1%) |
| \* | 2seventy bio, Inc. | 41070 | 204939 |
| #\* | Absci Corp. | 45879 | 140849 |
| \* | AC Immune SA | 29850 | 51641 |
| \* | Acadia Healthcare Co., <br> Inc.<br>| 587664 | 13751338 |
| \* | Aclaris Therapeutics, <br> Inc.<br>| 444 | 613 |
| \* | Acrivon Therapeutics, <br> Inc.<br>| 1003 | 1404 |
| \* | AdaptHealth Corp. | 870170 | 7405147 |
| \* | Addus HomeCare <br> Corp.<br>| 119591 | 12503239 |
| \* | Adverum <br> Biotechnologies, <br> Inc.<br>| 43824 | 142866 |
| \* | Agios Pharmaceuticals, <br> Inc.<br>| 94450 | 2804220 |
| \* | Alector, Inc. | 8530 | 10236 |
| \* | Aligos Therapeutics, <br> Inc.<br>| 1131 | 6311 |
| #\* | Allogene Therapeutics, <br> Inc.<br>| 386222 | 648853 |
| \* | Amedisys, Inc. | 71846 | 6818185 |
| \* | American Shared <br> Hospital Services<br>| 38407 | 103699 |
| \* | American Well Corp., <br> Class A<br>| 11715 | 85871 |
| \* | AMN Healthcare <br> Services, Inc.<br>| 26385 | 539046 |
| \* | Amneal <br> Pharmaceuticals, <br> Inc.<br>| 25607 | 196150 |
| \* | Amphastar <br> Pharmaceuticals, <br> Inc.<br>| 209617 | 5116751 |
| \* | AngioDynamics, Inc. | 137959 | 1281639 |
| \* | ANI Pharmaceuticals, <br> Inc.<br>| 1607 | 113808 |
| \* | Anika Therapeutics, <br> Inc.<br>| 112337 | 1632257 |
| \* | Annexon, Inc. | 28488 | 52988 |
| \* | Aprea Therapeutics, <br> Inc.<br>| 7981 | 13887 |
| #\* | Artivion, Inc. | 68176 | 1615089 |
| #\* | Astrana Health, Inc. | 61325 | 1911500 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Astria Therapeutics, <br> Inc.<br>| 5429 | $28014 |
| \* | Atea Pharmaceuticals, <br> Inc.<br>| 320358 | 945056 |
| \* | Aura Biosciences, Inc. | 1314 | 7661 |
| \* | Avanos Medical, Inc. | 335763 | 4213826 |
| \* | Azenta, Inc. | 396136 | 10434222 |
| \* | Bio-Rad Laboratories, <br> Inc., Class A<br>| 156508 | 38200473 |
| \* | Black Diamond <br> Therapeutics, Inc.<br>| 84625 | 143862 |
| \* | Brookdale Senior <br> Living, Inc.<br>| 1045774 | 6860277 |
| #\* | C4 Therapeutics, Inc. | 79890 | 131020 |
| #\* | Caribou Biosciences, <br> Inc.<br>| 386510 | 328881 |
| \* | Castle Biosciences, <br> Inc.<br>| 208307 | 4176555 |
| \* | Certara, Inc. | 1420154 | 19683334 |
| \* | Cocrystal Pharma, Inc. | 9487 | 14325 |
|  | Concentra Group <br> Holdings Parent, <br> Inc.<br>| 387273 | 8423188 |
|  | CONMED Corp. | 119276 | 5857644 |
| \* | CRISPR Therapeutics <br> AG<br>| 11590 | 448185 |
| \* | Cross Country <br> Healthcare, Inc.<br>| 319154 | 4324537 |
| #\* | CryoPort, Inc. | 91143 | 508578 |
| \* | Cullinan Therapeutics, <br> Inc.<br>| 212090 | 1756105 |
| \* | Cumberland <br> Pharmaceuticals, <br> Inc.<br>| 63301 | 305744 |
| #\* | CureVac NV | 6782 | 24076 |
| \* | Cytek Biosciences, <br> Inc.<br>| 291636 | 1081970 |
| \* | Day One <br> Biopharmaceuticals, <br> Inc.<br>| 80344 | 625076 |
| \* | Definitive Healthcare <br> Corp.<br>| 364707 | 992003 |
| \* | Denali Therapeutics, <br> Inc.<br>| 1271 | 21162 |
|  | Dentsply Sirona, Inc. | 738807 | 10269417 |
| \* | Design Therapeutics, <br> Inc.<br>| 51432 | 249960 |
| \* | DocGo, Inc. | 225890 | 503735 |
| #\* | Dynavax Technologies <br> Corp.<br>| 420920 | 4945810 |
| #\* | Editas Medicine, Inc. | 361374 | 596267 |
| \* | Elanco Animal Health, <br> Inc.<br>| 3209394 | 30425055 |
| \* | Electromed, Inc. | 1348 | 31044 |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Emergent BioSolutions, <br> Inc.<br>| 401499 | $2144005 |
| \* | Enanta <br> Pharmaceuticals, <br> Inc.<br>| 50312 | 306400 |
| \* | Enhabit, Inc. | 367775 | 2938522 |
| \* | Enovis Corp. | 417317 | 14434995 |
| \* | Entrada Therapeutics, <br> Inc.<br>| 45978 | 419779 |
| \* | Envista Holdings <br> Corp.<br>| 1257891 | 20226887 |
| \* | Erasca, Inc. | 98407 | 143674 |
| \* | Evolent Health, Inc., <br> Class A<br>| 163096 | 1608127 |
| \* | EyePoint <br> Pharmaceuticals, <br> Inc.<br>| 5420 | 36964 |
| #\* | Fate Therapeutics, <br> Inc.<br>| 728232 | 932137 |
| \* | FONAR Corp. | 48165 | 604471 |
| \* | Fulcrum Therapeutics, <br> Inc.<br>| 129238 | 497566 |
| \* | Fulgent Genetics, Inc. | 225483 | 3912130 |
| \* | GoodRx Holdings, Inc., <br> Class A<br>| 416677 | 1929215 |
| \* | Harmony Biosciences <br> Holdings, Inc.<br>| 54489 | 1605791 |
| \* | Harvard Bioscience, <br> Inc.<br>| 263328 | 93824 |
| \* | Health Catalyst, Inc. | 509467 | 2012395 |
|  | HealthStream, Inc. | 296976 | 9987303 |
| #\* | iBio, Inc. | 14123 | 14970 |
| \* | ICON PLC | 64561 | 9777118 |
| \* | ICU Medical, Inc. | 95786 | 13083410 |
| \* | ImmuCell Corp. | 15443 | 83701 |
| \* | InfuSystem Holdings, <br> Inc.<br>| 89934 | 424488 |
| \* | Innoviva, Inc. | 618399 | 11557877 |
| #\* | Inogen, Inc. | 196868 | 1403669 |
| #\* | Instil Bio, Inc. | 20876 | 268257 |
| \* | Integer Holdings Corp. | 133808 | 16901288 |
| \* | Integra LifeSciences <br> Holdings Corp.<br>| 522133 | 8557760 |
| #\* | Intellia Therapeutics, <br> Inc.<br>| 388540 | 3446350 |
| \* | iTeos Therapeutics, <br> Inc.<br>| 276972 | 2008047 |
| \* | Jazz Pharmaceuticals <br> PLC<br>| 248089 | 29016489 |
| \* | Kewaunee Scientific <br> Corp.<br>| 20963 | 663898 |
| \* | Kezar Life Sciences, <br> Inc.<br>| 10630 | 46559 |
| \* | Kodiak Sciences, Inc. | 202994 | 885054 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Kura Oncology, Inc. | 35157 | $230630 |
| \* | Lantern Pharma, Inc. | 21640 | 76173 |
| \* | LENSAR, Inc. | 75460 | 1060213 |
| \* | LifeStance Health <br> Group, Inc.<br>| 510124 | 3351515 |
| \* | Ligand <br> Pharmaceuticals, <br> Inc.<br>| 139719 | 15349529 |
| \* | Lipocine, Inc. | 6920 | 22905 |
| \* | Lisata Therapeutics, <br> Inc.<br>| 3039 | 7202 |
| \* | LivaNova PLC | 103081 | 3813997 |
| \* | MaxCyte, Inc. | 104305 | 296226 |
| \* | MEI Pharma, Inc. | 10410 | 21236 |
| \* | MetaVia, Inc. | 91 | 69 |
| \* | Monte Rosa <br> Therapeutics, Inc.<br>| 12704 | 62377 |
| \* | Myriad Genetics, Inc. | 172164 | 1275735 |
|  | National HealthCare <br> Corp.<br>| 131675 | 12441971 |
| \* | Nautilus Biotechnology, <br> Inc.<br>| 161131 | 110955 |
| #\* | Neogen Corp. | 1580020 | 7979101 |
| #\* | NeoGenomics, Inc. | 358536 | 2292838 |
| \* | Nkarta, Inc. | 49476 | 104889 |
| \* | Nuvation Bio, Inc. | 182407 | 410416 |
| \* | Olema <br> Pharmaceuticals, <br> Inc.<br>| 99563 | 513745 |
| #\*» | OmniAb, Inc. <br> (2200963D US)<br>| 10236 | 0 |
| #\*» | OmniAb, Inc. <br> (2200964D US)<br>| 10236 | 0 |
| #\* | OmniAb, Inc. (OABI <br> UQ)<br>| 387774 | 659216 |
| \* | Omnicell, Inc. | 260555 | 8144949 |
| \*†† | Opiant <br> Pharmaceuticals, <br> Inc.<br>| 26299 | 0 |
| \* | OptimizeRx Corp. | 120856 | 1102207 |
| \* | Oramed <br> Pharmaceuticals, <br> Inc.<br>| 13879 | 32199 |
| \* | OraSure Technologies, <br> Inc.<br>| 632892 | 1892347 |
| \* | Organogenesis <br> Holdings, Inc.<br>| 644872 | 3166322 |
| \* | Orthofix Medical, Inc. | 247929 | 3448692 |
| #\* | OrthoPediatrics Corp. | 101905 | 2121662 |
| \* | Owens & Minor, Inc. | 601059 | 4243477 |
| \* | Pacira BioSciences, <br> Inc.<br>| 166768 | 4486059 |
| \*†† | PDL BioPharma, Inc. | 1058582 | 550463 |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Pediatrix Medical <br> Group, Inc.<br>| 380937 | $4906469 |
| \* | PepGen, Inc. | 2254 | 3539 |
|  | Perrigo Co. PLC | 1004918 | 25846491 |
| \* | Personalis, Inc. | 3507 | 13256 |
| \* | PharmaCyte Biotech, <br> Inc.<br>| 2009 | 2491 |
|  | Phibro Animal Health <br> Corp., Class A<br>| 55320 | 1029505 |
| \* | Precision BioSciences, <br> Inc.<br>| 22400 | 126336 |
| # | Premier, Inc., Class A | 707001 | 14387470 |
| \* | Prestige Consumer <br> Healthcare, Inc.<br>| 291765 | 23700071 |
| #\* | Prothena Corp. PLC | 88215 | 811578 |
| \* | Puma Biotechnology, <br> Inc.<br>| 119889 | 381247 |
| \* | Quanterix Corp. | 71571 | 412249 |
| \* | QuidelOrtho Corp. | 398669 | 11079012 |
| #\* | Quipt Home Medical <br> Corp.<br>| 101334 | 217868 |
| \* | Rapid Micro <br> Biosystems, Inc., <br> Class A<br>| 1425 | 3306 |
| \* | REGENXBIO, Inc. | 216672 | 2082218 |
| \* | Relay Therapeutics, <br> Inc.<br>| 515847 | 1717771 |
| \* | Replimune Group, Inc. | 32100 | 313938 |
| \* | Rezolute, Inc. | 16592 | 62386 |
| \* | Sage Therapeutics, <br> Inc.<br>| 35717 | 260377 |
| #\* | Sagimet Biosciences, <br> Inc., Class A<br>| 6274 | 21645 |
| #\* | Sana Biotechnology, <br> Inc.<br>| 68913 | 130935 |
|  | Select Medical <br> Holdings Corp.<br>| 563377 | 10275996 |
| #\* | Sensus Healthcare, <br> Inc.<br>| 93882 | 403693 |
|  | SIGA Technologies, <br> Inc.<br>| 430828 | 2378171 |
| \* | Sight Sciences, Inc. | 5112 | 15592 |
| # | Simulations Plus, Inc. | 50919 | 1749068 |
| #\* | Solid Biosciences, Inc. | 43940 | 145441 |
| #\* | STAAR Surgical Co. | 37886 | 691798 |
| \* | Supernus <br> Pharmaceuticals, <br> Inc.<br>| 446671 | 14507874 |
| #\* | Surgery Partners, Inc. | 313331 | 6877615 |
| \* | Sutro Biopharma, Inc. | 13848 | 14540 |
| \* | Tactile Systems <br> Technology, Inc.<br>| 172314 | 2433074 |
| \* | Tango Therapeutics, <br> Inc.<br>| 21677 | 30565 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Teladoc Health, Inc. | 1274473 | $9163461 |
|  | Teleflex, Inc. | 96232 | 13188596 |
| \* | Tenax Therapeutics, <br> Inc.<br>| 13395 | 77155 |
| \* | Tenet Healthcare <br> Corp.<br>| 228989 | 32733978 |
| \* | Terns Pharmaceuticals, <br> Inc.<br>| 212140 | 700062 |
| †† | Tetraphase <br> Pharmaceuticals, <br> Inc.<br>| 1600 | 48 |
| \* | Third Harmonic Bio, <br> Inc.<br>| 3231 | 16704 |
| \* | Tourmaline Bio, Inc. | 2491 | 42870 |
| \* | TruBridge, Inc. | 82827 | 2155987 |
| \* | TScan Therapeutics, <br> Inc.<br>| 41685 | 66904 |
|  | U.S. Physical Therapy, <br> Inc.<br>| 34917 | 2482948 |
|  | Universal Health <br> Services, Inc., <br> Class B<br>| 162190 | 28718983 |
|  | Utah Medical Products, <br> Inc.<br>| 23111 | 1195994 |
| \* | Vanda <br> Pharmaceuticals, <br> Inc.<br>| 427361 | 1927398 |
| \* | Varex Imaging Corp. | 298431 | 2482946 |
| \* | Veracyte, Inc. | 568918 | 17351999 |
| #\* | Verve Therapeutics, <br> Inc.<br>| 102528 | 581334 |
|  | Viatris, Inc. | 6206136 | 52255665 |
| \* | Vicarious Surgical, <br> Inc., Class A<br>| 3193 | 26374 |
| \* | Vigil Neuroscience, <br> Inc.<br>| 7177 | 15072 |
| \* | Vir Biotechnology, Inc. | 743464 | 4550000 |
| \* | Vistagen Therapeutics, <br> Inc.<br>| 2614 | 6117 |
| \* | Voyager Therapeutics, <br> Inc.<br>| 272991 | 971848 |
| \* | Werewolf Therapeutics, <br> Inc.<br>| 3765 | 3397 |
| \* | Whitehawk <br> Therapeutics, Inc.<br>| 5553 | 8218 |
| \* | Xencor, Inc. | 222874 | 2456071 |
| \* | Zimvie, Inc. | 160275 | 1452091 |
| \* | Zymeworks, Inc. | 19976 | 259888 |
| TOTAL HEALTH CARE | TOTAL HEALTH CARE |  | 756877716 |
| INDUSTRIALS — (15.0%) | INDUSTRIALS — (15.0%) | INDUSTRIALS — (15.0%) | INDUSTRIALS — (15.0%) |
| #\* | 3D Systems Corp. | 426217 | 784239 |
| \* | AAR Corp. | 323275 | 17282282 |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | ABM Industries, Inc. | 524733 | $25575486 |
|  | ACCO Brands Corp. | 738863 | 2852011 |
|  | Acme United Corp. | 31390 | 1209143 |
| \* | AerSale Corp. | 198511 | 1383622 |
| # | AGCO Corp. | 523569 | 44414358 |
| \* | Air Industries Group | 3792 | 13424 |
|  | Air Lease Corp. | 930570 | 43513453 |
|  | Alamo Group, Inc. | 96541 | 16120416 |
| \* | Alaska Air Group, Inc. | 907014 | 40153510 |
|  | Albany International <br> Corp., Class A<br>| 130816 | 8602460 |
|  | Alight, Inc., Class A | 3856333 | 19705862 |
| # | Allegiant Travel Co. | 133970 | 6287212 |
|  | Allient, Inc. | 108096 | 2307850 |
| \* | Alpha Pro Tech Ltd. | 21849 | 95699 |
| # | Alta Equipment Group, <br> Inc.<br>| 110962 | 471589 |
| #\* | Ameresco, Inc., <br> Class A<br>| 87797 | 933282 |
| \* | American Woodmark <br> Corp.<br>| 133772 | 7892548 |
|  | Apogee Enterprises, <br> Inc.<br>| 183439 | 7277025 |
|  | ArcBest Corp. | 182761 | 10695174 |
|  | Arcosa, Inc. | 203706 | 16310739 |
|  | Argan, Inc. | 16599 | 2541805 |
|  | Astec Industries, Inc. | 222271 | 8052878 |
| #\* | Astronics Corp. (ATRO <br> US)<br>| 102621 | 2328471 |
| \* | Astronics Corp. <br> (ATROB US), <br> Class B<br>| 5003 | 113818 |
| #\* | Asure Software, Inc. | 187525 | 1905254 |
|  | Atkore, Inc. | 20336 | 1298860 |
| \* | Avalon Holdings Corp., <br> Class A<br>| 10736 | 29417 |
| # | AZZ, Inc. | 187108 | 16233490 |
| #\* | Beam Global | 8188 | 11709 |
| \* | BGSF, Inc. | 76852 | 253612 |
| \* | Blade Air Mobility, Inc. | 579305 | 1535158 |
| \* | BlueLinx Holdings, <br> Inc.<br>| 75717 | 4932205 |
|  | Boise Cascade Co. | 311101 | 29019501 |
| \* | Bowman Consulting <br> Group Ltd.<br>| 23724 | 524775 |
|  | Brady Corp., Class A | 125197 | 8800097 |
| \* | BrightView Holdings, <br> Inc.<br>| 690108 | 9468282 |
| \* | Broadwind, Inc. | 36608 | 57108 |
| \* | Cadeler AS (CDLR <br> US), ADR<br>| 18858 | 393566 |
| \* | CECO Environmental <br> Corp.<br>| 176281 | 4193725 |
| #\* | Chart Industries, Inc. | 87771 | 11847330 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Chicago Rivet & <br> Machine Co.<br>| 2571 | $34066 |
|  | Civeo Corp. | 97811 | 1857431 |
| #\* | Clarivate PLC | 3483873 | 15015493 |
|  | Columbus McKinnon <br> Corp.<br>| 227258 | 3374781 |
| \* | Commercial Vehicle <br> Group, Inc.<br>| 233332 | 224069 |
|  | CompX International, <br> Inc.<br>| 11443 | 311250 |
| # | Concentrix Corp. | 301652 | 15402351 |
|  | Concrete Pumping <br> Holdings, Inc.<br>| 301968 | 1811808 |
| #\* | Conduent, Inc. | 1433398 | 3024470 |
|  | Copa Holdings SA, <br> Class A<br>| 154407 | 14168386 |
| #†† | Costa <br> Communications, <br> Inc.<br>| 17714 | 2657 |
|  | Costamare, Inc. | 878703 | 8198299 |
|  | Covenant Logistics <br> Group, Inc.<br>| 178159 | 3545364 |
| \*» | CPI Aerostructures, <br> Inc.<br>| 20542 | 66145 |
| \* | Custom Truck One <br> Source, Inc.<br>| 510179 | 2056021 |
| # | Deluxe Corp. | 326581 | 4768083 |
| #\* | Distribution Solutions <br> Group, Inc.<br>| 117961 | 3071704 |
| \* | DLH Holdings Corp. | 54086 | 213099 |
| \* | DNOW, Inc. | 789750 | 12533333 |
|  | Douglas Dynamics, <br> Inc.<br>| 137431 | 3295595 |
| \* | Driven Brands <br> Holdings, Inc.<br>| 91642 | 1513926 |
| \* | Ducommun, Inc. | 128025 | 7338393 |
|  | Dun & Bradstreet <br> Holdings, Inc.<br>| 3339339 | 29953871 |
| \* | DXP Enterprises, Inc. | 161754 | 14308759 |
|  | Eastern Co. | 44349 | 930886 |
|  | EnerSys | 234424 | 20301118 |
|  | Ennis, Inc. | 238930 | 4288794 |
|  | Enpro, Inc. | 153058 | 22866865 |
| \* | Enviri Corp. | 584405 | 4014862 |
|  | Esab Corp. | 44293 | 5320475 |
|  | ESCO Technologies, <br> Inc.<br>| 168747 | 26400468 |
|  | Espey Mfg. & <br> Electronics Corp.<br>| 14746 | 453587 |
| \* | Everus Construction <br> Group, Inc.<br>| 17199 | 692088 |
|  | EVI Industries, Inc. | 3546 | 57197 |
| #\* | First Advantage Corp. | 155735 | 2195864 |
| #\* | Fluence Energy, Inc. | 70447 | 288128 |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| \* | Fluor Corp. | 53999 | $1884025 |
| \* | Forrester Research, <br> Inc.<br>| 61854 | 578335 |
|  | Fortune Brands <br> Innovations, Inc.<br>| 44454 | 2392514 |
| #\* | Frontier Group <br> Holdings, Inc.<br>| 618290 | 1842504 |
|  | FTAI Infrastructure, <br> Inc.<br>| 42003 | 181453 |
| \* | Gates Industrial Corp. <br> PLC<br>| 1193812 | 22586923 |
|  | GATX Corp. | 188628 | 27532143 |
| # | Genco Shipping & <br> Trading Ltd.<br>| 342182 | 4434679 |
| \* | Gencor Industries, Inc. | 90701 | 1150996 |
| \* | Gibraltar Industries, <br> Inc.<br>| 242931 | 12863196 |
|  | Global Industrial Co. | 4731 | 121492 |
| #\* | GMS, Inc. | 307219 | 22506864 |
|  | Gorman-Rupp Co. | 272710 | 9779381 |
| \* | Graham Corp. | 50265 | 1532077 |
| # | Granite Construction, <br> Inc.<br>| 187922 | 15276179 |
| \* | Great Lakes Dredge & <br> Dock Corp.<br>| 546303 | 4965894 |
|  | Greenbrier Cos., Inc. | 250960 | 10645723 |
| \* | GXO Logistics, Inc. | 226860 | 8221406 |
|  | H&E Equipment <br> Services, Inc.<br>| 10225 | 918307 |
| \* | Hayward Holdings, <br> Inc.<br>| 1031405 | 13748629 |
| \* | Healthcare Services <br> Group, Inc.<br>| 536605 | 7625157 |
|  | Heartland Express, <br> Inc.<br>| 573397 | 4357817 |
|  | Heidrick & Struggles <br> International, Inc.<br>| 167123 | 6521139 |
|  | Helios Technologies, <br> Inc.<br>| 214820 | 5855993 |
|  | Herc Holdings, Inc. | 74724 | 8177795 |
|  | Hillenbrand, Inc. | 420067 | 8497955 |
| \* | Hillman Solutions <br> Corp.<br>| 1087527 | 7601814 |
| # | HNI Corp. | 258594 | 10938526 |
|  | Hub Group, Inc., <br> Class A<br>| 487592 | 15403031 |
| \* | Hudson Global, Inc. | 20045 | 201853 |
| \* | Hudson Technologies, <br> Inc.<br>| 318390 | 2130029 |
|  | Huntington Ingalls <br> Industries, Inc.<br>| 4853 | 1117840 |
|  | Hurco Cos., Inc. | 52164 | 870096 |
| \* | Huron Consulting <br> Group, Inc.<br>| 25526 | 3440650 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| \* | Hyliion Holdings Corp. | 60775 | $91770 |
|  | Hyster-Yale, Inc. | 85059 | 3268817 |
| \* | IBEX Holdings Ltd. | 45642 | 1142876 |
|  | ICF International, Inc. | 139198 | 11826262 |
| \* | Innovative Solutions & <br> Support, Inc.<br>| 24835 | 167388 |
|  | Insteel Industries, Inc. | 160512 | 5442962 |
|  | Interface, Inc. | 390934 | 7349559 |
| \* | Janus International <br> Group, Inc.<br>| 370482 | 2548916 |
|  | JBT Marel Corp. | 10561 | 1111651 |
| \* | JELD-WEN Holding, <br> Inc.<br>| 580151 | 3202434 |
| #\* | JetBlue Airways Corp. | 2656760 | 11583474 |
|  | Karat Packaging, Inc. | 1744 | 46007 |
|  | Kelly Services, Inc., <br> Class A<br>| 273697 | 3161200 |
|  | Kennametal, Inc. | 581267 | 11323081 |
| \* | Kirby Corp. | 111781 | 10772335 |
|  | Knight-Swift <br> Transportation <br> Holdings, Inc.<br>| 1222697 | 47893042 |
|  | Korn Ferry | 412807 | 25470192 |
| \* | L.B. Foster Co., <br> Class A<br>| 97525 | 1947574 |
|  | Lindsay Corp. | 30068 | 3880576 |
|  | LSI Industries, Inc. | 248921 | 3756218 |
|  | Luxfer Holdings PLC | 163409 | 1758281 |
| \* | Manitowoc Co., Inc. | 268417 | 2115126 |
|  | ManpowerGroup, Inc. | 341396 | 14703926 |
|  | Marten Transport Ltd. | 596107 | 7654014 |
| \* | Mastech Digital, Inc. | 18934 | 139354 |
| \* | Masterbrand, Inc. | 791554 | 9617381 |
| \* | Matrix Service Co. | 110087 | 1277009 |
|  | Matson, Inc. | 184731 | 20152305 |
|  | Matthews International <br> Corp., Class A<br>| 229777 | 4698940 |
|  | Maximus, Inc. | 226560 | 15170458 |
| \* | Mayville Engineering <br> Co., Inc.<br>| 148464 | 1897370 |
|  | McGrath RentCorp | 150073 | 16008287 |
| \* | Mercury Systems, Inc. | 366491 | 18324550 |
|  | Miller Industries, Inc. | 93654 | 3822020 |
|  | MillerKnoll, Inc. | 498872 | 8181501 |
| \* | Mistras Group, Inc. | 226702 | 2067522 |
| #\* | Montrose <br> Environmental <br> Group, Inc.<br>| 65233 | 954359 |
|  | Moog, Inc., Class A | 62547 | 10460986 |
| \* | MRC Global, Inc. | 608537 | 7089456 |
|  | MSC Industrial Direct <br> Co., Inc., Class A<br>| 104375 | 7982600 |
|  | Mueller Industries, Inc. | 287473 | 21146514 |
| \* | MYR Group, Inc. | 7337 | 897462 |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | National Presto <br> Industries, Inc.<br>| 51455 | $4340229 |
| \* | Net Power, Inc. | 89222 | 151677 |
|  | NL Industries, Inc. | 177633 | 1524091 |
| \* | NN, Inc. | 159521 | 320637 |
| \* | Northwest Pipe Co. | 81341 | 3445605 |
| \* | NV5 Global, Inc. | 461327 | 8557616 |
| \* | OPENLANE, Inc. | 855583 | 15836841 |
| \* | Orion Group Holdings, <br> Inc.<br>| 283811 | 1813552 |
|  | Oshkosh Corp. | 292813 | 24526017 |
|  | Owens Corning | 99411 | 14455354 |
| \* | PAMT Corp. | 141485 | 1976545 |
|  | Pangaea Logistics <br> Solutions Ltd.<br>| 357433 | 1440455 |
|  | Park Aerospace Corp. | 89594 | 1170994 |
|  | Park-Ohio Holdings <br> Corp.<br>| 102443 | 2039640 |
| \* | Perma-Pipe <br> International <br> Holdings, Inc.<br>| 55878 | 670536 |
| # | Powell Industries, Inc. | 17713 | 3243427 |
|  | Preformed Line <br> Products Co.<br>| 47292 | 6496502 |
|  | Primoris Services <br> Corp.<br>| 448530 | 26898344 |
| \* | Proto Labs, Inc. | 177533 | 6242060 |
|  | Quad/Graphics, Inc. | 10868 | 51840 |
| # | Quanex Building <br> Products Corp.<br>| 282615 | 4646191 |
| \* | Quest Resource <br> Holding Corp.<br>| 38088 | 89888 |
| \* | Radiant Logistics, Inc. | 433980 | 2538783 |
|  | Regal Rexnord Corp. | 371733 | 39344221 |
| \* | Resideo Technologies, <br> Inc.<br>| 1080248 | 18126561 |
|  | Resources Connection, <br> Inc.<br>| 256675 | 1472031 |
|  | REV Group, Inc. | 286212 | 9359132 |
| # | Rush Enterprises, Inc. <br> (RUSHA US), <br> Class A<br>| 494431 | 25211037 |
|  | Rush Enterprises, Inc. <br> (RUSHB US), <br> Class B<br>| 84756 | 4902287 |
|  | Ryder System, Inc. | 336796 | 46366705 |
| # | Schneider National, <br> Inc., Class B<br>| 677052 | 14549848 |
|  | Science Applications <br> International Corp.<br>| 30004 | 3631384 |
|  | Sensata Technologies <br> Holding PLC<br>| 1079892 | 23109689 |
| \* | Servotronics, Inc. | 1391 | 14828 |
|  | Shyft Group, Inc. | 167636 | 1418201 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| \* | SIFCO Industries, Inc. | 17808 | $47191 |
| \* | Skillsoft Corp. | 9040 | 172935 |
| \* | SkyWest, Inc. | 322752 | 28779796 |
|  | Standex International <br> Corp.<br>| 21860 | 3091441 |
|  | Stanley Black & <br> Decker, Inc.<br>| 694300 | 41671886 |
|  | Steelcase, Inc., <br> Class A<br>| 698832 | 6932413 |
| \* | Stratasys Ltd. | 45849 | 432815 |
| \* | Sun Country Airlines <br> Holdings, Inc.<br>| 383023 | 3753625 |
| #\* | Sunrun, Inc. | 1643456 | 11323412 |
| #\* | TaskUS, Inc., Class A | 96790 | 1351188 |
| \* | Taylor Devices, Inc. | 14955 | 477065 |
| \* | Team, Inc. | 1390 | 28523 |
|  | Tennant Co. | 58155 | 4196465 |
|  | Terex Corp. | 514866 | 18123283 |
| \* | Thermon Group <br> Holdings, Inc.<br>| 281158 | 7374774 |
|  | Timken Co. | 4709 | 302553 |
| #\* | Titan International, Inc. | 505757 | 3717314 |
| \* | Titan Machinery, Inc. | 179538 | 2978535 |
| #\* | Transcat, Inc. | 23393 | 1855767 |
|  | Trinity Industries, Inc. | 675100 | 16945010 |
| \* | TrueBlue, Inc. | 225934 | 980554 |
| \* | Tutor Perini Corp. | 383506 | 8230039 |
|  | Twin Disc, Inc. | 96821 | 710666 |
|  | UFP Industries, Inc. | 159171 | 15734053 |
| #\* | U-Haul Holding Co. <br> (UHAL US)<br>| 21679 | 1330874 |
|  | U-Haul Holding Co. <br> (UHAL/B US)<br>| 402164 | 22038587 |
| \* | Ultralife Corp. | 133967 | 600172 |
|  | UniFirst Corp. | 111937 | 19977396 |
|  | Universal Logistics <br> Holdings, Inc.<br>| 97438 | 2118302 |
| \* | Upwork, Inc. | 108994 | 1433271 |
| \* | V2X, Inc. | 150442 | 7485994 |
|  | Vestis Corp. | 734574 | 6434868 |
|  | Virco Mfg. Corp. | 99884 | 917934 |
| \* | VirTra, Inc. | 52044 | 243566 |
| # | VSE Corp. | 121926 | 13962966 |
|  | Wabash National <br> Corp.<br>| 241714 | 1670244 |
| # | Werner Enterprises, <br> Inc.<br>| 488890 | 12056027 |
|  | WESCO International, <br> Inc.<br>| 361694 | 58941654 |
| \* | Wilhelmina <br> International, Inc.<br>| 2928 | 10102 |
| \* | Willdan Group, Inc. | 100406 | 3935915 |
|  | Willis Lease Finance <br> Corp.<br>| 36854 | 5702051 |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Worthington <br> Enterprises, Inc.<br>| 364099 | $18434332 |
| TOTAL INDUSTRIALS | TOTAL INDUSTRIALS |  | 1865818607 |
| INFORMATION TECHNOLOGY — (6.0%) | INFORMATION TECHNOLOGY — (6.0%) | INFORMATION TECHNOLOGY — (6.0%) | INFORMATION TECHNOLOGY — (6.0%) |
| \* | 8x8, Inc. | 339913 | 601646 |
| #\* | 908 Devices, Inc. | 153402 | 832973 |
| \* | ACCESS Newswire, <br> Inc.<br>| 7604 | 61973 |
| \* | ACI Worldwide, Inc. | 99500 | 5309320 |
|  | Advanced Energy <br> Industries, Inc.<br>| 11622 | 1132099 |
| #\* | Aeva Technologies, <br> Inc.<br>| 17264 | 122747 |
| \* | Alithya Group, Inc., <br> Class A<br>| 17314 | 20777 |
| \* | Alpha & Omega <br> Semiconductor Ltd.<br>| 232308 | 4374360 |
|  | Amkor Technology, <br> Inc.<br>| 1783995 | 31130713 |
| \* | Amtech Systems, Inc. | 108194 | 373269 |
| \* | Arrow Electronics, Inc. | 417523 | 46495361 |
| \* | ASGN, Inc. | 148299 | 7471304 |
| \* | AstroNova, Inc. | 66617 | 553587 |
| \* | Astrotech Corp. | 100 | 584 |
| \* | Aviat Networks, Inc. | 56425 | 990823 |
|  | Avnet, Inc. | 779014 | 36605868 |
| \* | Aware, Inc. | 88586 | 147053 |
| \* | Axcelis Technologies, <br> Inc.<br>| 25222 | 1235374 |
|  | Bel Fuse, Inc. (BELFA <br> US), Class A<br>| 3065 | 188191 |
| # | Bel Fuse, Inc. (BELFB <br> US), Class B<br>| 116101 | 7635963 |
|  | Benchmark <br> Electronics, Inc.<br>| 288233 | 9376219 |
| #\* | Bill Holdings, Inc. | 552836 | 25192736 |
| \* | Calix, Inc. | 26154 | 1069960 |
| #\* | Cerence, Inc. | 67285 | 609602 |
| \* | CEVA, Inc. | 38820 | 1017472 |
| #\* | Cipher Mining, Inc. | 410326 | 1169429 |
| #\* | Clearfield, Inc. | 32815 | 940806 |
| \* | Coherent Corp. | 384469 | 24729046 |
| \* | Cohu, Inc. | 368657 | 5898512 |
| \* | Comtech <br> Telecommunications <br> Corp.<br>| 127821 | 175115 |
| \* | CoreCard Corp. | 8854 | 171945 |
| \* | Corsair Gaming, Inc. | 448334 | 3174205 |
| # | Crane NXT Co. | 183380 | 8604190 |
| \* | Crexendo, Inc. | 59077 | 291250 |
|  | CSP, Inc. | 20448 | 340255 |
|  | CTS Corp. | 226221 | 8614496 |
| #\* | Daily Journal Corp. | 8494 | 3219056 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | Daktronics, Inc. | 381858 | $4845778 |
| \* | Data I/O Corp. | 81759 | 186411 |
| \* | Data Storage Corp. | 10026 | 35292 |
| \* | Diebold Nixdorf, Inc. | 62680 | 2778604 |
| \* | Digi International, Inc. | 325526 | 8854307 |
| \* | Diodes, Inc. | 338275 | 12989760 |
| \* | DoubleVerify Holdings, <br> Inc.<br>| 432493 | 5734857 |
| \* | DXC Technology Co. | 1351380 | 20973418 |
| #\* | E2open Parent <br> Holdings, Inc.<br>| 1783720 | 3513928 |
| #\* | Eastman Kodak Co. | 573070 | 3604610 |
| \* | eGain Corp. | 138752 | 713185 |
| \* | ePlus, Inc. | 205942 | 12842543 |
| \* | EverCommerce, Inc. | 7693 | 75084 |
| \* | Everspin Technologies, <br> Inc.<br>| 28152 | 149206 |
| \* | Expensify, Inc., <br> Class A<br>| 23918 | 70797 |
| \* | FARO Technologies, <br> Inc.<br>| 142062 | 4178043 |
| #\* | Fastly, Inc., Class A | 1028494 | 5913840 |
| \* | Flex Ltd. | 614925 | 21116524 |
| \* | FormFactor, Inc. | 260767 | 7337983 |
| \* | Franklin Wireless <br> Corp.<br>| 15682 | 77155 |
|  | Frequency Electronics, <br> Inc.<br>| 96113 | 1787702 |
| \* | Grid Dynamics <br> Holdings, Inc.<br>| 65907 | 933243 |
| #\* | GSI Technology, Inc. | 15906 | 51217 |
| \* | Harmonic, Inc. | 244892 | 2199130 |
| \* | Ichor Holdings Ltd. | 274310 | 5425852 |
| \* | Identiv, Inc. | 41334 | 137229 |
| #\* | indie Semiconductor, <br> Inc., Class A<br>| 668359 | 1330034 |
|  | Information Services <br> Group, Inc.<br>| 324646 | 1259626 |
| \* | Insight Enterprises, <br> Inc.<br>| 43679 | 6039932 |
| \* | inTEST Corp. | 112763 | 699131 |
| \* | IPG Photonics Corp. | 218898 | 13109801 |
|  | Juniper Networks, Inc. | 291177 | 10575549 |
| \* | Key Tronic Corp. | 108829 | 267719 |
| \* | Kimball Electronics, <br> Inc.<br>| 206581 | 2962372 |
| \* | Knowles Corp. | 905566 | 14253609 |
|  | Kulicke & Soffa <br> Industries, Inc.<br>| 281212 | 9063463 |
| \* | KVH Industries, Inc. | 135391 | 691848 |
| #\* | Lantronix, Inc. | 285263 | 607610 |
| \* | LiveRamp Holdings, <br> Inc.<br>| 404235 | 10574788 |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | Magnachip <br> Semiconductor <br> Corp.<br>| 286475 | $899531 |
| \* | Meridianlink, Inc. | 881 | 14898 |
|  | Methode Electronics, <br> Inc.<br>| 258179 | 1618782 |
| \* | Mirion Technologies, <br> Inc.<br>| 1203332 | 18988579 |
| \* | Mitek Systems, Inc. | 329616 | 2729220 |
| \* | N-able, Inc. | 426535 | 3011337 |
| #\* | Navitas Semiconductor <br> Corp.<br>| 322742 | 622892 |
| #\* | nCino, Inc. | 211408 | 4904666 |
| \* | NCR Voyix Corp. | 289566 | 2481581 |
| \* | NETGEAR, Inc. | 253160 | 6106219 |
| \* | NetScout Systems, <br> Inc.<br>| 589042 | 12381663 |
| \* | NetSol Technologies, <br> Inc.<br>| 19650 | 48732 |
|  | Network-1 <br> Technologies, Inc.<br>| 105957 | 134565 |
| \* | Nortech Systems, Inc. | 5183 | 45766 |
| \* | Olo, Inc., Class A | 432982 | 2684488 |
| \* | ON24, Inc. | 309889 | 1450280 |
|  | OneSpan, Inc. | 51961 | 772660 |
| \* | Optical Cable Corp. | 60578 | 181128 |
| \* | OSI Systems, Inc. | 818 | 167477 |
|  | PC Connection, Inc. | 189718 | 11770105 |
| #\* | Penguin Solutions, <br> Inc.<br>| 277214 | 4732043 |
| \* | Photronics, Inc. | 515728 | 9422351 |
| \* | Plexus Corp. | 227596 | 27864578 |
| \* | Powerfleet, Inc. NJ | 202942 | 1022828 |
| \* | Qorvo, Inc. | 8951 | 641518 |
| \* | RF Industries Ltd. | 32903 | 126018 |
| \* | Ribbon <br> Communications, <br> Inc.<br>| 1015710 | 3260429 |
|  | Richardson Electronics <br> Ltd.<br>| 99231 | 859340 |
| #\* | Riot Platforms, Inc. | 448312 | 3245779 |
| \* | Rogers Corp. | 140207 | 8666195 |
| \* | Sanmina Corp. | 295635 | 22701812 |
|  | Sapiens International <br> Corp. NV<br>| 19927 | 545801 |
| \* | ScanSource, Inc. | 214001 | 7059893 |
| \* | SigmaTron <br> International, Inc.<br>| 14077 | 18582 |
| \*†† | Silicon Graphics, Inc. | 494 | 0 |
|  | Skyworks Solutions, <br> Inc.<br>| 80419 | 5169333 |
| \* | SmartRent, Inc. | 233656 | 222698 |
| \* | Sonim Technologies, <br> Inc.<br>| 212 | 329 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | SoundThinking, Inc. | 25209 | $391244 |
| \* | Synaptics, Inc. | 130865 | 7283946 |
| \* | Synchronoss <br> Technologies, Inc.<br>| 4887 | 51313 |
|  | Taitron Components, <br> Inc., Class A<br>| 17671 | 38169 |
| # | TD SYNNEX Corp. | 630395 | 69847766 |
| \* | Telos Corp. | 119057 | 325026 |
| #\* | Terawulf, Inc. | 322146 | 895566 |
| \* | TransAct Technologies, <br> Inc.<br>| 35780 | 124514 |
| \* | Trio-Tech International | 7885 | 40687 |
| \* | TTM Technologies, <br> Inc.<br>| 885007 | 17717840 |
| \* | Ultra Clean Holdings, <br> Inc.<br>| 365968 | 6845431 |
| \* | Veeco Instruments, <br> Inc.<br>| 419263 | 7840218 |
| \* | Verint Systems, Inc. | 456861 | 8059028 |
| \* | Viasat, Inc. | 120541 | 1117415 |
| \* | Viavi Solutions, Inc. | 318770 | 3372587 |
| #\* | VirnetX Holding Corp. | 3850 | 31955 |
|  | Vishay Intertechnology, <br> Inc.<br>| 974806 | 12662730 |
| \* | Vishay Precision <br> Group, Inc.<br>| 105468 | 2630372 |
| \* | WidePoint Corp. | 9700 | 41419 |
| # | Xerox Holdings Corp. | 1260030 | 5556732 |
| \* | Xperi, Inc. | 329894 | 2437917 |
| TOTAL INFORMATION <br> TECHNOLOGY | TOTAL INFORMATION <br> TECHNOLOGY |  | 751725430 |
| MATERIALS — (6.6%) | MATERIALS — (6.6%) | MATERIALS — (6.6%) | MATERIALS — (6.6%) |
|  | AdvanSix, Inc. | 195318 | 4183712 |
|  | Alcoa Corp. | 880536 | 21599548 |
| #\* | Alpha Metallurgical <br> Resources, Inc.<br>| 103062 | 12506574 |
| \* | Alto Ingredients, Inc. | 249277 | 224798 |
|  | American Vanguard <br> Corp.<br>| 192530 | 812477 |
| \* | Ampco-Pittsburgh <br> Corp.<br>| 47041 | 97375 |
| \* | Arq, Inc. | 124646 | 472408 |
| \* | Ascent Industries Co. | 72164 | 952565 |
|  | Ashland, Inc. | 371685 | 20215947 |
| \* | Aspen Aerogels, Inc. | 212042 | 1145027 |
|  | Avient Corp. | 529300 | 17630983 |
|  | Cabot Corp. | 27664 | 2172731 |
|  | Caledonia Mining <br> Corp. PLC<br>| 53433 | 703713 |
|  | Carpenter Technology <br> Corp.<br>| 280276 | 54824788 |
|  | Celanese Corp. | 23501 | 1046030 |
| \* | Century Aluminum Co. | 359071 | 5892355 |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | CF Industries Holdings, <br> Inc.<br>| 234995 | $18416558 |
| \* | Clearwater Paper <br> Corp.<br>| 137724 | 3699267 |
| #\* | Cleveland-Cliffs, Inc. | 3214408 | 26486722 |
| \* | Coeur Mining, Inc. | 3587755 | 19912040 |
|  | Commercial Metals <br> Co.<br>| 909447 | 40506769 |
| # | Compass Minerals <br> International, Inc.<br>| 52098 | 700197 |
| \* | Core Molding <br> Technologies, Inc.<br>| 37724 | 580195 |
|  | Eastman Chemical <br> Co.<br>| 443868 | 34177836 |
| \* | Ecovyst, Inc. | 861700 | 5152966 |
|  | Element Solutions, <br> Inc.<br>| 354043 | 7226018 |
|  | Ferroglobe PLC | 320734 | 1119362 |
| \* | Flexible Solutions <br> International, Inc.<br>| 25410 | 95796 |
| \* | Flotek Industries, Inc. | 55115 | 383600 |
|  | Fortitude Gold Corp. | 93160 | 323265 |
|  | Friedman Industries, <br> Inc.<br>| 71065 | 1223029 |
| # | Graphic Packaging <br> Holding Co.<br>| 1098674 | 27807439 |
|  | Greif, Inc. (GEF US), <br> Class A<br>| 229568 | 12047729 |
|  | Greif, Inc. (GEF/B US), <br> Class B<br>| 56046 | 3114476 |
|  | HB Fuller Co. | 286295 | 15471382 |
|  | Hecla Mining Co. | 4776662 | 27322507 |
|  | Huntsman Corp. | 1272885 | 16942099 |
|  | Innospec, Inc. | 204346 | 18284880 |
| \* | Intrepid Potash, Inc. | 98429 | 3252094 |
|  | Kaiser Aluminum <br> Corp.<br>| 116958 | 7539113 |
|  | Koppers Holdings, Inc. | 149659 | 3750455 |
|  | Kronos Worldwide, <br> Inc.<br>| 502590 | 3874969 |
| \* | LSB Industries, Inc. | 429130 | 2737849 |
| #\* | Magnera Corp. | 84474 | 1239234 |
|  | Materion Corp. | 174383 | 14475533 |
|  | Mativ Holdings, Inc. | 384128 | 1962894 |
| #\* | McEwen Mining, Inc. | 257031 | 2004842 |
|  | Mercer International, <br> Inc.<br>| 517354 | 2312572 |
| \* | Metallus, Inc. | 345347 | 4368640 |
|  | Minerals Technologies, <br> Inc.<br>| 259875 | 13406951 |
|  | Mosaic Co. | 2140479 | 65070562 |
|  | Myers Industries, Inc. | 104124 | 1093302 |
| \* | Nexa Resources SA | 74434 | 434695 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | Northern Technologies <br> International Corp.<br>| 60691 | $452148 |
| \* | O-I Glass, Inc. | 1129581 | 14300495 |
|  | Olin Corp. | 812625 | 17568952 |
|  | Olympic Steel, Inc. | 91170 | 2940232 |
|  | Orion SA | 372753 | 4487946 |
| \* | Perimeter Solutions, <br> Inc.<br>| 534542 | 5414910 |
|  | Quaker Chemical <br> Corp.<br>| 77833 | 8245628 |
|  | Radius Recycling, Inc. | 250505 | 7347312 |
| # | Ramaco Resources, <br> Inc. (METC US), <br> Class A<br>| 268456 | 2706036 |
| # | Ramaco Resources, <br> Inc. (METCB US), <br> Class B<br>| 8258 | 75726 |
| \* | Ranpak Holdings <br> Corp.<br>| 414685 | 1704355 |
| \* | Rayonier Advanced <br> Materials, Inc.<br>| 488531 | 2081142 |
| †† | Resolute Forest <br> Products, Inc.<br>| 792851 | 211136 |
|  | Ryerson Holding Corp. | 233959 | 5469961 |
|  | Sensient Technologies <br> Corp.<br>| 156710 | 14722904 |
|  | Silgan Holdings, Inc. | 439142 | 22681684 |
|  | Sonoco Products Co. | 411119 | 16855879 |
|  | Stepan Co. | 179033 | 9051908 |
|  | SunCoke Energy, Inc. | 675049 | 6115944 |
|  | Sylvamo Corp. | 165048 | 9840162 |
| \* | Tredegar Corp. | 190197 | 1477831 |
|  | TriMas Corp. | 299831 | 7210936 |
|  | Tronox Holdings PLC | 1212427 | 6559230 |
| # | U.S. Steel Corp. | 1648186 | 72042210 |
| # | Warrior Met Coal, Inc. | 163848 | 7835211 |
|  | Westlake Corp. | 131615 | 12165174 |
|  | Worthington Steel, Inc. | 365903 | 9389071 |
| TOTAL MATERIALS | TOTAL MATERIALS |  | 821952991 |
| REAL ESTATE — (0.9%) | REAL ESTATE — (0.9%) | REAL ESTATE — (0.9%) | REAL ESTATE — (0.9%) |
| \* | AMREP Corp. | 17695 | 399022 |
| \* | Anywhere Real Estate, <br> Inc.<br>| 810217 | 2803351 |
| \* | Cushman & Wakefield <br> PLC<br>| 1679691 | 15738705 |
| \* | Douglas Elliman, Inc. | 129867 | 215579 |
| \* | Five Point <br> Holdings LLC, <br> Class A<br>| 162928 | 857001 |
| \* | Forestar Group, Inc. | 368619 | 7099602 |
| \* | FRP Holdings, Inc. | 139701 | 3713951 |
| \* | Howard Hughes <br> Holdings, Inc.<br>| 354444 | 23581159 |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) |
| \* | Jones Lang LaSalle, <br> Inc.<br>| 116861 | $26575360 |
| \*» | JW Mays, Inc. | 126 | 4682 |
|  | Kennedy-Wilson <br> Holdings, Inc.<br>| 892167 | 5709869 |
|  | Marcus & Millichap, <br> Inc.<br>| 252419 | 7673538 |
|  | Newmark Group, Inc., <br> Class A<br>| 1128123 | 12398072 |
| \* | Rafael Holdings, Inc., <br> Class B<br>| 13499 | 21328 |
| \* | RE/MAX Holdings, <br> Inc., Class A<br>| 145217 | 1110910 |
|  | RMR Group, Inc., <br> Class A<br>| 39036 | 573048 |
| #\* | Seaport Entertainment <br> Group, Inc.<br>| 89305 | 1710191 |
| \* | Star Holdings | 66255 | 446559 |
| \* | Stratus Properties, <br> Inc.<br>| 48118 | 763633 |
| \* | Tejon Ranch Co. | 211430 | 3579510 |
| TOTAL REAL ESTATE | TOTAL REAL ESTATE |  | 114975070 |
| UTILITIES — (0.2%) | UTILITIES — (0.2%) | UTILITIES — (0.2%) | UTILITIES — (0.2%) |
|  | Brookfield <br> Infrastructure Corp., <br> Class A<br>| 113162 | 4236785 |
| # | Brookfield Renewable <br> Corp.<br>| 110238 | 3137373 |
|  | Genie Energy Ltd., <br> Class B<br>| 178931 | 2642811 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) |
|  | MDU Resources <br> Group, Inc.<br>| 738933 | $12665312 |
| \* | Montauk Renewables, <br> Inc.<br>| 25907 | 54405 |
|  | New Jersey Resources <br> Corp.<br>| 61047 | 2987640 |
|  | Ormat Technologies, <br> Inc.<br>| 54201 | 3934993 |
| TOTAL UTILITIES | TOTAL UTILITIES |  | 29659319 |
| TOTAL COMMON <br> STOCKS <br>Cost ($10025580735) | TOTAL COMMON <br> STOCKS <br>Cost ($10025580735) |  | 11609128029 |

---

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

---

| | | | |
|:---|:---|:---|:---|
| TEMPORARY CASH INVESTMENTS — (1.0%) | TEMPORARY CASH INVESTMENTS — (1.0%) | TEMPORARY CASH INVESTMENTS — (1.0%) | TEMPORARY CASH INVESTMENTS — (1.0%) |
| Ɏ | State Street <br> Institutional <br> U.S. Government <br> Money Market Fund <br> 4.290%<br>| 125278514 | 125278514 |
| SECURITIES LENDING COLLATERAL — (6.0%) | SECURITIES LENDING COLLATERAL — (6.0%) | SECURITIES LENDING COLLATERAL — (6.0%) | SECURITIES LENDING COLLATERAL — (6.0%) |
| @§ | The DFA Short Term <br> Investment Fund <br>| 65219631 | 754265032 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $10,905,195,708) | (Cost $10,905,195,708) |  | $12488671575 |

---

As of April 30, 2025, U.S. Targeted Value Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 457 | 06/20/25 | &nbsp;&nbsp; $118521812 | &nbsp;&nbsp; $127662950 | &nbsp;&nbsp; $9141138 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$118521812** | &nbsp;&nbsp; **$127662950** | &nbsp;&nbsp; **$9141138** |

---

------

**U.S. Targeted Value Portfolio**

**CONTINUED**

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Communication Services | &nbsp;&nbsp; $428305068 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $428305068 |
| Consumer Discretionary | &nbsp;&nbsp; 1595249230 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1595249230 |
| Consumer Staples | &nbsp;&nbsp; 775408892 | &nbsp;&nbsp; $26013 | &nbsp;&nbsp; — | &nbsp;&nbsp; 775434905 |
| Energy | &nbsp;&nbsp; 972909858 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 972909858 |
| Financials | &nbsp;&nbsp; 3495686490 | &nbsp;&nbsp; 533345 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3496219835 |
| Health Care | &nbsp;&nbsp; 756327205 | &nbsp;&nbsp; — | &nbsp;&nbsp; $550511 | &nbsp;&nbsp; 756877716 |
| Industrials | &nbsp;&nbsp; 1865749805 | &nbsp;&nbsp; 66145 | &nbsp;&nbsp; 2657 | &nbsp;&nbsp; 1865818607 |
| Information Technology | &nbsp;&nbsp; 751725430 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 751725430 |
| Materials | &nbsp;&nbsp; 821741855 | &nbsp;&nbsp; — | &nbsp;&nbsp; 211136 | &nbsp;&nbsp; 821952991 |
| Real Estate | &nbsp;&nbsp; 114970388 | &nbsp;&nbsp; 4682 | &nbsp;&nbsp; — | &nbsp;&nbsp; 114975070 |
| Utilities | &nbsp;&nbsp; 29659319 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 29659319 |
| Temporary Cash Investments | &nbsp;&nbsp; 125278514 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 125278514 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 754265032 | &nbsp;&nbsp; — | &nbsp;&nbsp; 754265032 |
| Total Investments in Securities | &nbsp;&nbsp; $11733012054 | &nbsp;&nbsp; $754895217 | &nbsp;&nbsp; $764,304˂˃ | &nbsp;&nbsp; $12488671575 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; 9141138 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 9141138 |
| Total Financial Instruments | &nbsp;&nbsp; $9141138 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $9141138 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

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

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

------

**U.S. Small Cap Value Portfolio**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)**

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMON STOCKS — (94.3%) | COMMON STOCKS — (94.3%) | COMMON STOCKS — (94.3%) | COMMON STOCKS — (94.3%) |
| COMMUNICATION SERVICES — (2.4%) | COMMUNICATION SERVICES — (2.4%) | COMMUNICATION SERVICES — (2.4%) | COMMUNICATION SERVICES — (2.4%) |
| #\* | Advantage Solutions, <br> Inc.<br>| 707345 | $947842 |
| \* | AMC Networks, Inc., <br> Class A<br>| 355129 | 2272826 |
| \* | Angi, Inc. | 102646 | 1176323 |
|  | ATN International, <br> Inc.<br>| 210090 | 3716492 |
| \* | Bandwidth, Inc., <br> Class A<br>| 266139 | 3305446 |
| #\* | Boston Omaha Corp., <br> Class A<br>| 399675 | 6206953 |
| #\* | Bumble, Inc., Class A | 1304421 | 5504657 |
| \* | BuzzFeed, Inc. | 55742 | 108697 |
| # | Cable One, Inc. | 38933 | 10405623 |
| \* | Cars.com, Inc. | 315714 | 3674911 |
| \* | Creative Realities, <br> Inc.<br>| 16024 | 29164 |
| \* | DHI Group, Inc. | 564689 | 796211 |
| \* | EchoStar Corp., <br> Class A<br>| 83416 | 1875192 |
| # | Entravision <br> Communications <br> Corp., Class A<br>| 218163 | 399238 |
| \* | EW Scripps Co., <br> Class A<br>| 984879 | 1979607 |
| \* | Frontier <br> Communications <br> Parent, Inc.<br>| 30733 | 1114071 |
| \* | Gaia, Inc. | 22583 | 118335 |
| \* | Gannett Co., Inc. | 595331 | 1905059 |
|  | Gray Media, Inc. | 1224435 | 4101857 |
|  | Gray Media, Inc., <br> Class A<br>| 3121 | 23862 |
| \* | Integral Ad Science <br> Holding Corp.<br>| 412688 | 2917704 |
| \* | Liberty Broadband <br> Corp. (LBRDA US), <br> Class A<br>| 22638 | 2015914 |
| \* | Liberty Broadband <br> Corp. (LBRDK US), <br> Class C<br>| 42331 | 3826299 |
| \* | Liberty Global Ltd. <br> (LBTYA US), <br> Class A<br>| 1975310 | 21629644 |
| #\* | Liberty Global Ltd. <br> (LBTYK US), <br> Class C<br>| 1852256 | 21004583 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
| \* | Liberty Latin America <br> Ltd. (LILA US), <br> Class A<br>| 512860 | $2779701 |
| \* | Liberty Latin America <br> Ltd. (LILAK US), <br> Class C<br>| 2263425 | 12448838 |
| \* | Madison Square <br> Garden <br> Entertainment <br> Corp.<br>| 30817 | 999703 |
| # | Marcus Corp. | 368353 | 6007837 |
|  | National CineMedia, <br> Inc.<br>| 118789 | 680661 |
|  | Nexstar Media Group, <br> Inc.<br>| 90103 | 13484815 |
| \* | Outbrain, Inc. | 49994 | 176979 |
| # | Paramount Global <br> (PARA US), <br> Class B<br>| 535567 | 6287557 |
| \* | PubMatic, Inc., <br> Class A<br>| 62924 | 614767 |
| \* | Reservoir Media, Inc. | 1904 | 14280 |
|  | Saga <br> Communications, <br> Inc., Class A<br>| 88923 | 1009276 |
|  | Scholastic Corp. | 660838 | 11914909 |
|  | Shenandoah <br> Telecommunications <br> Co.<br>| 486411 | 5418619 |
|  | Shutterstock, Inc. | 124502 | 1987052 |
|  | Sinclair, Inc. | 12279 | 176818 |
| #\* | Sphere Entertainment <br> Co.<br>| 167925 | 4575956 |
|  | Spok Holdings, Inc. | 29089 | 417136 |
| #\* | Sunrise <br> Communications <br> AG, ADR, Class A<br>| 349811 | 18861809 |
| # | TEGNA, Inc. | 2300217 | 37332522 |
|  | Telephone & Data <br> Systems, Inc.<br>| 1639920 | 61480601 |
| \* | Thryv Holdings, Inc. | 1316 | 18029 |
|  | Townsquare Media, <br> Inc., Class A<br>| 331 | 2191 |
| \* | TripAdvisor, Inc. | 329121 | 4097556 |
| #\* | U.S. Cellular Corp. | 542801 | 37268717 |
| #\* | Urban One, Inc. <br> (UONE US)<br>| 92609 | 138914 |
| \* | Urban One, Inc. <br> (UONEK US)<br>| 136607 | 69943 |

---

------

**U.S. Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
| \* | Vivid Seats, Inc., <br> Class A<br>| 9968 | $28010 |
| #\* | Ziff Davis, Inc. | 614837 | 18156137 |
| \* | ZoomInfo <br> Technologies, Inc.<br>| 1433603 | 12271642 |
| TOTAL COMMUNICATION <br> SERVICES | TOTAL COMMUNICATION <br> SERVICES |  | 359777485 |
| CONSUMER DISCRETIONARY — (14.7%) | CONSUMER DISCRETIONARY — (14.7%) | CONSUMER DISCRETIONARY — (14.7%) | CONSUMER DISCRETIONARY — (14.7%) |
| #\* | 1-800-Flowers.com, <br> Inc., Class A<br>| 521845 | 2885803 |
| # | Academy Sports & <br> Outdoors, Inc.<br>| 859371 | 32381099 |
| \* | Adient PLC | 782659 | 9900636 |
|  | ADT, Inc. | 7270103 | 58306226 |
| \* | Adtalem Global <br> Education, Inc.<br>| 379640 | 40317768 |
| # | Advance Auto Parts, <br> Inc.<br>| 785197 | 25691646 |
|  | A-Mark Precious <br> Metals, Inc.<br>| 122439 | 2982614 |
|  | AMCON Distributing <br> Co.<br>| 4641 | 558219 |
| \* | American Axle & <br> Manufacturing <br> Holdings, Inc.<br>| 1592174 | 6082105 |
| # | American Eagle <br> Outfitters, Inc.<br>| 2074435 | 21843801 |
| \* | American Outdoor <br> Brands, Inc.<br>| 177431 | 1991663 |
| \* | American Public <br> Education, Inc.<br>| 57028 | 1340158 |
|  | Ark Restaurants <br> Corp.<br>| 2951 | 27326 |
|  | Arko Corp. | 61286 | 246676 |
| \* | Asbury Automotive <br> Group, Inc.<br>| 270297 | 58962588 |
| \* | Barnes & Noble <br> Education, Inc.<br>| 1541 | 16227 |
|  | Bassett Furniture <br> Industries, Inc.<br>| 151655 | 2676711 |
| \* | Beazer Homes USA, <br> Inc.<br>| 54686 | 1069658 |
| \* | Biglari Holdings, Inc. <br> (BH US), Class B<br>| 10664 | 2483752 |
| \* | Biglari Holdings, Inc. <br> (BH/A US), Class A<br>| 951 | 1090797 |
| \* | BJ's Restaurants, Inc. | 110469 | 3677513 |
|  | BorgWarner, Inc. | 2899650 | 82292067 |
|  | Brunswick Corp. | 313259 | 14425577 |
| #\* | Caesars <br> Entertainment, Inc.<br>| 142090 | 3844955 |
| # | Caleres, Inc. | 385800 | 5879592 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Canterbury Park <br> Holding Corp.<br>| 15171 | $261700 |
| #\* | Capri Holdings Ltd. | 443940 | 6676858 |
|  | Carter's, Inc. | 127765 | 4222633 |
|  | Cato Corp., Class A | 65745 | 155158 |
|  | Century Communities, <br> Inc.<br>| 441945 | 24103680 |
| #\* | Citi Trends, Inc. | 83330 | 1860759 |
|  | Clarus Corp. | 185554 | 610473 |
| # | Cracker Barrel Old <br> Country Store, Inc.<br>| 17878 | 763391 |
|  | Crown Crafts, Inc. | 139711 | 417736 |
| \* | Culp, Inc. | 25135 | 95513 |
|  | Dana, Inc. | 2112055 | 29019636 |
| # | Designer Brands, Inc., <br> Class A<br>| 540003 | 1506608 |
| \* | Destination XL Group, <br> Inc.<br>| 332195 | 328740 |
| #\* | Dream Finders <br> Homes, Inc., <br> Class A<br>| 124020 | 2810293 |
| \* | El Pollo Loco <br> Holdings, Inc.<br>| 463298 | 4331836 |
|  | Escalade, Inc. | 44219 | 671244 |
|  | Ethan Allen Interiors, <br> Inc.<br>| 384377 | 10927838 |
| #\* | First Watch <br> Restaurant Group, <br> Inc.<br>| 343275 | 6062237 |
|  | Flanigan's <br> Enterprises, Inc.<br>| 5134 | 125783 |
|  | Flexsteel Industries, <br> Inc.<br>| 105265 | 3514798 |
| #\* | Foot Locker, Inc. | 1273730 | 15628667 |
| \* | Fox Factory Holding <br> Corp.<br>| 27131 | 551031 |
| \* | Funko, Inc., Class A | 50559 | 202742 |
|  | Gap, Inc. | 1246106 | 27289721 |
| #\* | Genesco, Inc. | 153554 | 2978948 |
| \* | Gentherm, Inc. | 168447 | 4381306 |
| #\* | G-III Apparel Group <br> Ltd.<br>| 602919 | 15205617 |
|  | Golden Entertainment, <br> Inc.<br>| 29399 | 755554 |
| \* | Goodyear Tire & <br> Rubber Co.<br>| 4159622 | 45256687 |
|  | Graham Holdings Co., <br> Class B<br>| 89923 | 82733656 |
| \* | Green Brick Partners, <br> Inc.<br>| 440128 | 25963151 |
| # | Group 1 Automotive, <br> Inc.<br>| 188032 | 75895356 |
| # | Guess?, Inc. | 683744 | 7692120 |

---

------

**U.S. Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Hamilton Beach <br> Brands Holding Co., <br> Class A<br>| 14395 | $285021 |
| # | Harley-Davidson, Inc. | 1710086 | 38340128 |
|  | Haverty Furniture <br> Cos., Inc. (HVT <br> US)<br>| 224460 | 4076194 |
|  | Haverty Furniture <br> Cos., Inc. (HVT/A <br> US), Class A<br>| 5701 | 104613 |
| \* | Helen of Troy Ltd. | 253475 | 7061814 |
| #\* | Hilton Grand <br> Vacations, Inc.<br>| 622515 | 20935179 |
| \* | Holley, Inc. | 411556 | 884845 |
|  | Hooker Furnishings <br> Corp.<br>| 252089 | 2420054 |
| \* | Hovnanian <br> Enterprises, Inc., <br> Class A<br>| 21385 | 2070068 |
|  | JAKKS Pacific, Inc. | 148458 | 2863755 |
|  | Jerash Holdings U.S., <br> Inc.<br>| 2993 | 8859 |
|  | Johnson Outdoors, <br> Inc., Class A<br>| 99030 | 2260855 |
|  | KB Home | 389505 | 21044955 |
| # | Kohl's Corp. | 1476809 | 9894620 |
| # | Krispy Kreme, Inc. | 985542 | 4040722 |
|  | Lakeland Industries, <br> Inc.<br>| 129929 | 2121741 |
| \* | Lands' End, Inc. | 123144 | 1093519 |
| \* | Landsea Homes <br> Corp.<br>| 428189 | 2611953 |
| \* | Latham Group, Inc. | 666780 | 3643953 |
| \* | Laureate Education, <br> Inc.<br>| 449152 | 9014481 |
| # | La-Z-Boy, Inc. | 623348 | 24622246 |
|  | LCI Industries | 264893 | 20417952 |
|  | Lear Corp. | 699157 | 59952713 |
| \* | Legacy Housing <br> Corp.<br>| 234179 | 5696404 |
| \* | LGI Homes, Inc. | 349885 | 19107220 |
| \* | Life Time Group <br> Holdings, Inc.<br>| 1261685 | 38683262 |
|  | Lifetime Brands, Inc. | 313952 | 1142785 |
| \* | Lincoln Educational <br> Services Corp.<br>| 26944 | 455354 |
| # | Lithia Motors, Inc. | 318862 | 93350039 |
| \* | Live Ventures, Inc. | 9604 | 109582 |
|  | LKQ Corp. | 435039 | 16622840 |
| #\* | Lovesac Co. | 187306 | 3643102 |
| \* | M/I Homes, Inc. | 386017 | 41180294 |
|  | Macy's, Inc. | 3771233 | 43067481 |
| \* | Malibu Boats, Inc., <br> Class A<br>| 140492 | 4012452 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | MarineMax, Inc. | 327402 | $7026047 |
|  | Marriott Vacations <br> Worldwide Corp.<br>| 473503 | 25952699 |
| #\* | MasterCraft Boat <br> Holdings, Inc.<br>| 193694 | 3184329 |
|  | Meritage Homes <br> Corp.<br>| 1046522 | 71310009 |
| \* | Mister Car Wash, Inc. | 49023 | 336298 |
| \* | Mohawk Industries, <br> Inc.<br>| 780549 | 83011386 |
|  | Monro, Inc. | 398204 | 5550964 |
| #\* | Motorcar Parts of <br> America, Inc.<br>| 151370 | 1348707 |
|  | Movado Group, Inc. | 260020 | 3611678 |
| \* | National Vision <br> Holdings, Inc.<br>| 1092758 | 13495561 |
|  | Newell Brands, Inc. | 5450160 | 26051765 |
| » | Nobility Homes, Inc. | 984 | 28561 |
| \* | ODP Corp. | 588952 | 8056863 |
| #\* | OneWater Marine, <br> Inc., Class A<br>| 52007 | 780625 |
| # | Oxford Industries, Inc. | 152441 | 7408633 |
|  | Patrick Industries, <br> Inc.<br>| 185525 | 14281715 |
|  | Penske Automotive <br> Group, Inc.<br>| 22994 | 3579476 |
|  | Perdoceo Education <br> Corp.<br>| 975495 | 24504434 |
| \* | Petco Health & <br> Wellness Co., Inc.<br>| 1149350 | 3390583 |
| \* | PetMed Express, Inc. | 16812 | 56825 |
|  | Phinia, Inc. | 447487 | 17966603 |
| \* | Playa Hotels & <br> Resorts NV<br>| 1008865 | 13538968 |
| # | Polaris, Inc. | 192130 | 6524735 |
| #\* | Portillo's, Inc., <br> Class A<br>| 8018 | 82906 |
|  | PVH Corp. | 786214 | 54233042 |
| » | QEP Co., Inc. | 4152 | 159437 |
|  | RCI Hospitality <br> Holdings, Inc.<br>| 10621 | 421441 |
|  | Rocky Brands, Inc. | 130527 | 2791973 |
| \* | Sally Beauty Holdings, <br> Inc.<br>| 963657 | 7844168 |
| # | Shoe Carnival, Inc. | 420022 | 7299982 |
| # | Signet Jewelers Ltd. | 397988 | 23600688 |
| \* | Skechers USA, Inc., <br> Class A<br>| 683253 | 32809809 |
|  | Smith & Wesson <br> Brands, Inc.<br>| 606085 | 5775990 |
| # | Sonic Automotive, <br> Inc., Class A<br>| 202600 | 12301872 |

---

------

**U.S. Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | Sportsman's <br> Warehouse <br> Holdings, Inc.<br>| 34274 | $57238 |
|  | Standard Motor <br> Products, Inc.<br>| 323961 | 8779343 |
|  | Steven Madden Ltd. | 68138 | 1430898 |
| \* | Stoneridge, Inc. | 276497 | 1067278 |
|  | Strategic Education, <br> Inc.<br>| 340523 | 27779866 |
| \* | Strattec Security <br> Corp.<br>| 56286 | 1875450 |
|  | Sturm Ruger & Co., <br> Inc.<br>| 26028 | 1058299 |
|  | Superior Group of <br> Cos., Inc.<br>| 226363 | 2349648 |
| \* | Target Hospitality <br> Corp.<br>| 47765 | 324802 |
| \* | Taylor Morrison Home <br> Corp.<br>| 1575734 | 90368345 |
| # | Thor Industries, Inc. | 771039 | 55838644 |
| \* | Tile Shop Holdings, <br> Inc.<br>| 83227 | 471897 |
| #\* | Tilly's, Inc., Class A | 107798 | 164931 |
|  | Toll Brothers, Inc. | 8279 | 835103 |
| #\* | Topgolf Callaway <br> Brands Corp.<br>| 2589781 | 17118452 |
| \* | Traeger, Inc. | 83135 | 121377 |
| \* | Tri Pointe Homes, <br> Inc.<br>| 1322613 | 40670350 |
| #\* | Under Armour, Inc. <br> (UA US), Class C<br>| 3140703 | 17085424 |
| #\* | Under Armour, Inc. <br> (UAA US), Class A<br>| 2132885 | 12200102 |
| \* | Universal Electronics, <br> Inc.<br>| 29785 | 144457 |
| \* | Urban Outfitters, Inc. | 742303 | 39178752 |
| #\* | Vera Bradley, Inc. | 371020 | 723489 |
| \* | Visteon Corp. | 139936 | 11081532 |
|  | Weyco Group, Inc. | 129011 | 3857429 |
| # | Whirlpool Corp. | 363818 | 27752037 |
|  | Winnebago Industries, <br> Inc.<br>| 414365 | 13185094 |
| \* | Zumiez, Inc. | 250421 | 2929926 |
| TOTAL CONSUMER <br> DISCRETIONARY | TOTAL CONSUMER <br> DISCRETIONARY |  | 2157586637 |
| CONSUMER STAPLES — (4.4%) | CONSUMER STAPLES — (4.4%) | CONSUMER STAPLES — (4.4%) | CONSUMER STAPLES — (4.4%) |
| # | Alico, Inc. | 56845 | 1622356 |
|  | Andersons, Inc. | 656367 | 24751599 |
| # | B&G Foods, Inc. | 860318 | 5927591 |
| \* | Bridgford Foods <br> Corp.<br>| 13817 | 112332 |
|  | Bunge Global SA | 150051 | 11812015 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
|  | Calavo Growers, Inc. | 652 | $18008 |
| # | Cal-Maine Foods, Inc. | 251370 | 23470417 |
| #\* | Central Garden & Pet <br> Co. (CENT US)<br>| 159300 | 5346108 |
| \* | Central Garden & Pet <br> Co. (CENTA US), <br> Class A<br>| 761454 | 22516195 |
| \* | Coty, Inc., Class A | 1590616 | 8032611 |
| \* | Darling Ingredients, <br> Inc.<br>| 1997599 | 64302712 |
|  | Dole PLC | 646943 | 9827064 |
| # | Edgewell Personal <br> Care Co.<br>| 796974 | 24347556 |
|  | Fresh Del Monte <br> Produce, Inc.<br>| 993409 | 33785840 |
| \* | Grocery Outlet <br> Holding Corp.<br>| 1138333 | 19112611 |
| \* | Hain Celestial Group, <br> Inc.<br>| 7474 | 22721 |
| \* | HF Foods Group, Inc. | 39053 | 146449 |
| #\*†† | Imperial Sugar Co. | 83457 | 0 |
|  | Ingles Markets, Inc., <br> Class A<br>| 239795 | 14792953 |
|  | Ingredion, Inc. | 447888 | 59488484 |
|  | MGP Ingredients, Inc. | 145804 | 4296844 |
| \* | Mission Produce, Inc. | 301076 | 3153771 |
| \* | Natural Alternatives <br> International, Inc.<br>| 149173 | 447519 |
| \* | Nature's Sunshine <br> Products, Inc.<br>| 88924 | 1095544 |
|  | Nu Skin Enterprises, <br> Inc., Class A<br>| 25705 | 162713 |
|  | Oil-Dri Corp. of <br> America<br>| 129957 | 5469890 |
| #\* | Olaplex Holdings, Inc. | 174947 | 229180 |
|  | Pilgrim's Pride Corp. | 289201 | 15784591 |
| \* | Post Holdings, Inc. | 786320 | 88987834 |
|  | PriceSmart, Inc. | 3332 | 338165 |
|  | Seaboard Corp. | 13891 | 35921848 |
| #\* | Seneca Foods Corp. <br> (SENEA US), <br> Class A<br>| 104704 | 9390902 |
| \*» | Seneca Foods Corp. <br> (SENEB US), <br> Class B<br>| 24020 | 2162040 |
| \* | Simply Good Foods <br> Co.<br>| 125988 | 4549427 |
|  | SpartanNash Co. | 579100 | 11489344 |
| \* | TreeHouse Foods, <br> Inc.<br>| 703925 | 16394413 |
| \* | United Natural Foods, <br> Inc.<br>| 853066 | 22785393 |
|  | Universal Corp. | 564910 | 32917306 |

---

------

**U.S. Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
| \* | USANA Health <br> Sciences, Inc.<br>| 135950 | $3818835 |
|  | Village Super Market, <br> Inc., Class A<br>| 178255 | 6568697 |
|  | Weis Markets, Inc. | 589177 | 50663330 |
| \* | Willamette Valley <br> Vineyards, Inc.<br>| 4137 | 25112 |
| TOTAL CONSUMER <br> STAPLES | TOTAL CONSUMER <br> STAPLES |  | 646088320 |
| ENERGY — (8.8%) | ENERGY — (8.8%) | ENERGY — (8.8%) | ENERGY — (8.8%) |
| \* | Amplify Energy Corp. | 639010 | 1661426 |
| \* | Antero Resources <br> Corp.<br>| 1541030 | 53674075 |
|  | APA Corp. | 2438052 | 37887328 |
|  | Ardmore Shipping <br> Corp.<br>| 587839 | 5607984 |
| # | Atlas Energy <br> Solutions, Inc.<br>| 109568 | 1482455 |
|  | Berry Corp. | 1026633 | 2546050 |
| \* | Bristow Group, Inc. | 387918 | 11265139 |
|  | California Resources <br> Corp.<br>| 638913 | 22048888 |
|  | Chord Energy Corp. <br> (CHRD US)<br>| 88347 | 7971550 |
| # | Civitas Resources, <br> Inc.<br>| 1049344 | 28594624 |
| \* | Clean Energy Fuels <br> Corp.<br>| 1001793 | 1452600 |
| #\* | CNX Resources <br> Corp.<br>| 2131351 | 62725660 |
| #\* | Comstock Resources, <br> Inc.<br>| 3949663 | 72160343 |
|  | Core Natural <br> Resources, Inc.<br>| 517432 | 37363765 |
|  | Crescent Energy Co., <br> Class A<br>| 1552060 | 12851057 |
|  | CVR Energy, Inc. | 18121 | 341762 |
| # | Delek U.S. Holdings, <br> Inc.<br>| 730475 | 9510785 |
| # | DHT Holdings, Inc. | 2789159 | 29816110 |
| \* | DMC Global, Inc. | 100723 | 653692 |
|  | Dorian LPG Ltd. | 617171 | 13219803 |
| \* | DT Midstream, Inc. | 533397 | 51846188 |
|  | Epsilon Energy Ltd. | 91299 | 641832 |
| # | Evolution Petroleum <br> Corp.<br>| 151986 | 636821 |
| \* | Expro Group Holdings <br> NV<br>| 1124060 | 9295976 |
| \* | Forum Energy <br> Technologies, Inc.<br>| 129776 | 1901218 |
|  | FutureFuel Corp. | 584170 | 2400939 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
| \* | Geospace <br> Technologies Corp.<br>| 94781 | $610390 |
| \* | Gran Tierra Energy, <br> Inc. (GTE US)<br>| 22800 | 100548 |
| # | Granite Ridge <br> Resources, Inc.<br>| 383614 | 1845183 |
| \* | Green Plains, Inc. | 57584 | 206151 |
| \* | Gulf Island <br> Fabrication, Inc.<br>| 127 | 908 |
| \* | Gulfport Energy Corp. | 104138 | 17963805 |
| \* | Hallador Energy Co. | 523454 | 7362381 |
| \* | Helix Energy Solutions <br> Group, Inc.<br>| 2158090 | 13142768 |
| # | Helmerich & Payne, <br> Inc.<br>| 1402806 | 26499005 |
|  | HF Sinclair Corp. | 2196906 | 66060963 |
| \* | Innovex International, <br> Inc.<br>| 263317 | 3976087 |
| # | International Seaways, <br> Inc.<br>| 711322 | 24156495 |
|  | Kodiak Gas Services, <br> Inc.<br>| 32618 | 1109338 |
| \* | Kosmos Energy Ltd. | 1707718 | 2629886 |
|  | Liberty Energy, Inc. | 2222764 | 25561786 |
| \* | Mammoth Energy <br> Services, Inc.<br>| 86480 | 218794 |
|  | Matador Resources <br> Co.<br>| 1080149 | 42709091 |
|  | Mexco Energy Corp. | 4558 | 29627 |
| \* | MIND Technology, <br> Inc.<br>| 236 | 1584 |
| # | Murphy Oil Corp. | 2057317 | 42236718 |
| \* | Nabors Industries Ltd. | 4340 | 116486 |
|  | NACCO Industries, <br> Inc., Class A<br>| 119371 | 4166048 |
| \* | National Energy <br> Services Reunited <br> Corp.<br>| 42961 | 267647 |
| \* | Natural Gas Services <br> Group, Inc.<br>| 186791 | 3356634 |
| # | Noble Corp. PLC | 779383 | 16943786 |
| # | Nordic American <br> Tankers Ltd.<br>| 2887716 | 7392553 |
| # | Northern Oil & Gas, <br> Inc.<br>| 867706 | 21085256 |
|  | NOV, Inc. | 4942281 | 57379882 |
| \* | NPK International, <br> Inc.<br>| 1255609 | 7257420 |
| \* | Oil States <br> International, Inc.<br>| 563638 | 1978369 |
|  | Ovintiv, Inc. | 65859 | 2211545 |
|  | Patterson-UTI Energy, <br> Inc.<br>| 3239763 | 18272263 |

---

------

**U.S. Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
|  | PBF Energy, Inc., <br> Class A<br>| 1590179 | $27319275 |
| # | Peabody Energy <br> Corp.<br>| 1680934 | 20742726 |
|  | Permian Resources <br> Corp.<br>| 1481565 | 17482467 |
|  | PHX Minerals, Inc. | 395263 | 1513857 |
| \* | PrimeEnergy <br> Resources Corp.<br>| 3374 | 573141 |
| \* | ProPetro Holding <br> Corp.<br>| 1485189 | 7396241 |
|  | Range Resources <br> Corp.<br>| 1203773 | 40844018 |
|  | Ranger Energy <br> Services, Inc., <br> Class A<br>| 303032 | 3360625 |
| \* | REX American <br> Resources Corp.<br>| 257579 | 10231038 |
|  | Riley Exploration <br> Permian, Inc.<br>| 62363 | 1539119 |
| # | RPC, Inc. | 2866129 | 13556790 |
|  | SandRidge Energy, <br> Inc.<br>| 158615 | 1444983 |
|  | Scorpio Tankers, Inc. | 713510 | 26892192 |
| \* | SEACOR Marine <br> Holdings, Inc.<br>| 356838 | 1741369 |
| \* | Seadrill Ltd. | 931297 | 19128840 |
|  | Select Water <br> Solutions, Inc.<br>| 1399773 | 11926066 |
| # | SFL Corp. Ltd. | 2064072 | 16966672 |
|  | SM Energy Co. | 1518440 | 34605248 |
|  | Smart Sand, Inc. | 16882 | 35452 |
| \* | Talos Energy, Inc. | 2413557 | 16605272 |
|  | Teekay Corp. Ltd. | 1408406 | 10154607 |
|  | Teekay Tankers Ltd., <br> Class A<br>| 429036 | 18264063 |
| \* | TETRA Technologies, <br> Inc.<br>| 95795 | 273016 |
| \* | Tidewater, Inc. | 96511 | 3492733 |
| #\* | Transocean Ltd. | 11717229 | 24957698 |
| # | VAALCO Energy, Inc. | 796661 | 2605082 |
| #\* | Valaris Ltd. | 700210 | 22623785 |
| #\* | Vital Energy, Inc. | 444644 | 6305052 |
| # | Vitesse Energy, Inc. | 215083 | 4398447 |
|  | World Kinect Corp. | 948328 | 23793550 |
| TOTAL ENERGY | TOTAL ENERGY |  | 1287180891 |
| FINANCIALS — (29.3%) | FINANCIALS — (29.3%) | FINANCIALS — (29.3%) | FINANCIALS — (29.3%) |
|  | 1st Source Corp. | 242932 | 14563773 |
| \* | Acacia Research <br> Corp.<br>| 344322 | 1063955 |
|  | ACNB Corp. | 27806 | 1165349 |
|  | Affinity Bancshares, <br> Inc.<br>| 1447 | 26567 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Alerus Financial <br> Corp.<br>| 164637 | $3272984 |
|  | Ally Financial, Inc. | 36983 | 1207865 |
|  | Amalgamated <br> Financial Corp.<br>| 82356 | 2319145 |
| \* | Ambac Financial <br> Group, Inc.<br>| 562401 | 4487960 |
|  | Amerant Bancorp, <br> Inc.<br>| 141573 | 2384089 |
|  | Ameris Bancorp | 1007961 | 59066515 |
|  | AmeriServ Financial, <br> Inc.<br>| 324794 | 782754 |
|  | Arrow Financial Corp. | 37373 | 916760 |
|  | Associated <br> Banc-Corp.<br>| 2492535 | 54985322 |
|  | Associated Capital <br> Group, Inc., <br> Class A<br>| 18742 | 676961 |
|  | Assured Guaranty <br> Ltd.<br>| 1058521 | 92864047 |
|  | Atlantic American <br> Corp.<br>| 196322 | 294483 |
|  | Atlantic Union <br> Bankshares Corp.<br>| 1890274 | 52360590 |
|  | Axis Capital Holdings <br> Ltd.<br>| 668154 | 64356593 |
|  | Banc of California, <br> Inc.<br>| 55964 | 754395 |
|  | Bank of Marin <br> Bancorp<br>| 171798 | 3525295 |
|  | Bank OZK | 1564702 | 66656305 |
|  | BankFinancial Corp. | 172883 | 2124732 |
|  | BankUnited, Inc. | 1092500 | 35735675 |
|  | Bankwell Financial <br> Group, Inc.<br>| 32362 | 1097395 |
|  | Banner Corp. | 428744 | 26213408 |
|  | Bar Harbor <br> Bankshares<br>| 202508 | 6002337 |
|  | BayCom Corp. | 141941 | 3691885 |
|  | BCB Bancorp, Inc. | 229217 | 1884164 |
|  | Berkshire Hills <br> Bancorp, Inc.<br>| 630537 | 15656234 |
| \* | Blue Foundry <br> Bancorp<br>| 145982 | 1363472 |
|  | BOK Financial Corp. | 268675 | 25032450 |
|  | Bread Financial <br> Holdings, Inc.<br>| 745401 | 35369277 |
| \* | Bridgewater <br> Bancshares, Inc.<br>| 127109 | 1956208 |
| \* | Brighthouse Financial, <br> Inc.<br>| 842518 | 49051398 |
|  | Brookline Bancorp, <br> Inc.<br>| 1269226 | 13250719 |

---

------

**U.S. Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Burke & Herbert <br> Financial Services <br> Corp.<br>| 85168 | $4761743 |
|  | Business First <br> Bancshares, Inc.<br>| 157159 | 3622515 |
| \* | BV Financial, Inc. | 13708 | 210418 |
|  | Byline Bancorp, Inc. | 498008 | 12719124 |
|  | C&F Financial Corp. | 44214 | 2863741 |
|  | Cadence Bank | 2388658 | 69892133 |
| \* | California BanCorp | 3125 | 43656 |
| » | California First <br> Leasing Corp.<br>| 12672 | 236333 |
|  | Camden National <br> Corp.<br>| 146510 | 5643565 |
|  | Capital Bancorp, Inc. | 1169 | 36929 |
|  | Capital City Bank <br> Group, Inc.<br>| 78493 | 2868134 |
|  | Capitol Federal <br> Financial, Inc.<br>| 535014 | 3033529 |
| \* | Carter Bankshares, <br> Inc.<br>| 220560 | 3376774 |
|  | Cathay General <br> Bancorp<br>| 934992 | 38979816 |
|  | CB Financial Services, <br> Inc.<br>| 2131 | 61117 |
| \* | CCUR Holdings, Inc. | 53 | 110505 |
|  | Central Pacific <br> Financial Corp.<br>| 171299 | 4400671 |
|  | CF Bankshares, Inc. | 773 | 17764 |
|  | Chemung Financial <br> Corp.<br>| 12676 | 562054 |
|  | ChoiceOne Financial <br> Services, Inc.<br>| 1844 | 52425 |
|  | Citizens & Northern <br> Corp.<br>| 8347 | 160680 |
|  | Citizens Community <br> Bancorp, Inc.<br>| 54998 | 815070 |
|  | Citizens Financial <br> Services, Inc.<br>| 2842 | 154690 |
|  | Civista Bancshares, <br> Inc.<br>| 199292 | 4486063 |
|  | CNB Financial Corp. | 239352 | 5253776 |
|  | Colony Bankcorp, Inc. | 114103 | 1770879 |
|  | Columbia Banking <br> System, Inc.<br>| 2301221 | 51593375 |
|  | Comerica, Inc. | 1284496 | 69041660 |
|  | Community Trust <br> Bancorp, Inc.<br>| 174969 | 8566482 |
|  | Community West <br> Bancshares<br>| 88862 | 1555085 |
| # | ConnectOne Bancorp, <br> Inc.<br>| 528771 | 11913211 |
| #\* | Consumer Portfolio <br> Services, Inc.<br>| 364179 | 3361372 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | Customers Bancorp, <br> Inc.<br>| 454189 | $22709450 |
|  | CVB Financial Corp. | 1205827 | 22356033 |
|  | Dime Community <br> Bancshares, Inc.<br>| 555179 | 14262549 |
|  | Donegal Group, Inc. <br> (DGICA US), <br> Class A<br>| 381018 | 7372698 |
|  | Donegal Group, Inc. <br> (DGICB US), <br> Class B<br>| 54141 | 893326 |
|  | Eagle Bancorp <br> Montana, Inc.<br>| 10543 | 183448 |
|  | Eagle Bancorp, Inc. | 386252 | 6933223 |
|  | Eastern Bankshares, <br> Inc.<br>| 2178055 | 32496581 |
| \* | eHealth, Inc. | 38394 | 213471 |
|  | Employers Holdings, <br> Inc.<br>| 483126 | 23475092 |
|  | Enact Holdings, Inc. | 612946 | 21937337 |
| \* | Encore Capital Group, <br> Inc.<br>| 192190 | 6611336 |
| \* | Enstar Group Ltd. | 116273 | 38882854 |
|  | Enterprise Bancorp, <br> Inc.<br>| 20931 | 778633 |
|  | Enterprise Financial <br> Services Corp.<br>| 468815 | 24387756 |
|  | Equity Bancshares, <br> Inc., Class A<br>| 24970 | 961095 |
|  | ESSA Bancorp, Inc. | 169549 | 3136656 |
|  | Essent Group Ltd. | 1185973 | 67517443 |
|  | Evans Bancorp, Inc. | 26464 | 1017541 |
| #\* | EZCORP, Inc., <br> Class A<br>| 774534 | 12679122 |
|  | F&G Annuities & Life, <br> Inc.<br>| 31268 | 1088439 |
|  | Farmers & Merchants <br> Bancorp, Inc.<br>| 12803 | 335055 |
|  | Farmers National <br> Banc Corp.<br>| 37592 | 490200 |
|  | FB Financial Corp. | 18826 | 801235 |
|  | Fidelis Insurance <br> Holdings Ltd.<br>| 297540 | 4864779 |
|  | Financial Institutions, <br> Inc.<br>| 229573 | 5828858 |
|  | Finward Bancorp | 280 | 8585 |
| \* | Finwise Bancorp | 8326 | 125889 |
|  | First American <br> Financial Corp.<br>| 442882 | 26931654 |
|  | First Bancorp, Inc. | 1942 | 47443 |
|  | First <br> Bancorp/Southern <br> Pines NC<br>| 386674 | 15644830 |
|  | First Bank | 169497 | 2437367 |

---

------

**U.S. Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| # | First Busey Corp. | 1216659 | $25294341 |
|  | First Business <br> Financial Services, <br> Inc.<br>| 117974 | 5679268 |
|  | First Commonwealth <br> Financial Corp.<br>| 1356012 | 20774104 |
|  | First Community <br> Bankshares, Inc.<br>| 43995 | 1657732 |
|  | First Community <br> Corp.<br>| 8460 | 198810 |
|  | First Financial <br> Bancorp<br>| 1457462 | 33740245 |
|  | First Financial Corp. | 164290 | 8115926 |
| \*» | First Financial <br> Northwest, Inc.<br>| 251056 | 301267 |
|  | First Foundation, Inc. | 43909 | 220423 |
|  | First Hawaiian, Inc. | 1138381 | 26023390 |
|  | First Horizon Corp. | 3948397 | 71387018 |
|  | First Internet Bancorp | 108365 | 2303840 |
|  | First Interstate <br> BancSystem, Inc., <br> Class A<br>| 1414008 | 37039940 |
|  | First Merchants Corp. | 790302 | 28166363 |
|  | First Mid Bancshares, <br> Inc.<br>| 137201 | 4586629 |
|  | First Northwest <br> Bancorp<br>| 21365 | 220059 |
|  | First of Long Island <br> Corp.<br>| 282976 | 3259884 |
|  | First Savings Financial <br> Group, Inc.<br>| 449 | 11961 |
|  | First United Corp. | 90724 | 2700853 |
| \* | First Western <br> Financial, Inc.<br>| 15089 | 318227 |
| \* | Firstsun Capital <br> Bancorp<br>| 11541 | 403820 |
|  | Flushing Financial <br> Corp.<br>| 374905 | 4487613 |
|  | FNB Corp. | 5830309 | 76318745 |
|  | Franklin Financial <br> Services Corp.<br>| 7867 | 303666 |
| # | Franklin Resources, <br> Inc.<br>| 553264 | 10379233 |
|  | FS Bancorp, Inc. | 59714 | 2334817 |
|  | Fulton Financial Corp. | 2669594 | 44528828 |
| \* | Fundamental Global, <br> Inc.<br>| 784 | 12936 |
| \* | FVCBankcorp, Inc. | 8342 | 95266 |
| \* | Genworth Financial, <br> Inc.<br>| 6414722 | 44004993 |
|  | Great Southern <br> Bancorp, Inc.<br>| 77801 | 4279055 |
| \* | Green Dot Corp., <br> Class A<br>| 470986 | 3942153 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | Greenlight Capital Re <br> Ltd., Class A<br>| 503024 | $6597160 |
|  | Guaranty Bancshares, <br> Inc.<br>| 3005 | 118577 |
|  | Hancock Whitney <br> Corp.<br>| 1164724 | 60670473 |
|  | Hanmi Financial <br> Corp.<br>| 378195 | 8649320 |
|  | Hanover Bancorp, <br> Inc.<br>| 1173 | 27202 |
|  | HarborOne Bancorp, <br> Inc.<br>| 527436 | 5970576 |
|  | Hawthorn Bancshares, <br> Inc.<br>| 35815 | 1057259 |
|  | HBT Financial, Inc. | 10642 | 246628 |
|  | Heritage Commerce <br> Corp.<br>| 808009 | 7304401 |
|  | Heritage Financial <br> Corp.<br>| 431871 | 9855296 |
| \* | Heritage Insurance <br> Holdings, Inc.<br>| 183138 | 3461308 |
|  | Hilltop Holdings, Inc. | 832252 | 24576402 |
|  | Home Bancorp, Inc. | 100806 | 5074574 |
|  | Home BancShares, <br> Inc.<br>| 249975 | 6936806 |
| \* | HomeStreet, Inc. | 90958 | 1033283 |
|  | HomeTrust <br> Bancshares, Inc.<br>| 219177 | 7482703 |
|  | Hope Bancorp, Inc. | 1690987 | 16859140 |
|  | Horace Mann <br> Educators Corp.<br>| 469565 | 19505730 |
|  | Horizon Bancorp, Inc. | 464130 | 6813428 |
|  | Independent Bank <br> Corp. (IBCP US)<br>| 43595 | 1327904 |
|  | Independent Bank <br> Corp. (INDB US)<br>| 578508 | 34184038 |
|  | International <br> Bancshares Corp.<br>| 415861 | 25384155 |
|  | Invesco Ltd. | 5769261 | 80365806 |
|  | Investar Holding <br> Corp.<br>| 79348 | 1517927 |
|  | Jackson Financial, <br> Inc., Class A<br>| 998924 | 77826169 |
|  | James River Group <br> Holdings Ltd.<br>| 13241 | 63027 |
|  | Janus Henderson <br> Group PLC<br>| 1399711 | 46484402 |
|  | Kearny Financial <br> Corp.<br>| 856134 | 5359399 |
|  | Landmark Bancorp, <br> Inc.<br>| 55186 | 1556797 |
|  | LCNB Corp. | 115004 | 1727360 |
| \* | LendingClub Corp. | 1318769 | 12884373 |

---

------

**U.S. Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Lincoln National <br> Corp.<br>| 117812 | $3754668 |
|  | Live Oak Bancshares, <br> Inc.<br>| 33451 | 874409 |
|  | Magyar Bancorp, Inc. | 45394 | 625529 |
|  | MainStreet <br> Bancshares, Inc.<br>| 31082 | 594288 |
|  | Mercantile Bank <br> Corp.<br>| 264476 | 11189980 |
|  | Merchants Bancorp | 78235 | 2353309 |
|  | Meridian Corp. | 51099 | 689836 |
| \* | Metropolitan Bank <br> Holding Corp.<br>| 22033 | 1364504 |
|  | MGIC Investment <br> Corp.<br>| 3767178 | 93840404 |
|  | Mid Penn Bancorp, <br> Inc.<br>| 68289 | 1983795 |
|  | Middlefield Banc <br> Corp.<br>| 12704 | 329415 |
|  | Midland States <br> Bancorp, Inc.<br>| 307017 | 4998237 |
|  | MidWestOne Financial <br> Group, Inc.<br>| 119354 | 3310880 |
| \* | Mr. Cooper Group, <br> Inc.<br>| 392261 | 46682982 |
|  | MVB Financial Corp. | 44745 | 763350 |
|  | National Bank <br> Holdings Corp., <br> Class A<br>| 278837 | 10082746 |
|  | Navient Corp. | 2129564 | 26364002 |
|  | NBT Bancorp, Inc. | 4583 | 194044 |
|  | Nelnet, Inc., Class A | 610493 | 64767202 |
|  | Nicolet Bankshares, <br> Inc.<br>| 42982 | 5020727 |
| \* | NMI Holdings, Inc. | 547164 | 19790922 |
|  | Northeast Bank | 4224 | 349832 |
|  | Northeast Community <br> Bancorp, Inc.<br>| 94863 | 2159082 |
|  | Northfield Bancorp, <br> Inc.<br>| 573457 | 6049971 |
|  | Northrim BanCorp, <br> Inc.<br>| 116420 | 9347362 |
|  | Northwest <br> Bancshares, Inc.<br>| 1850372 | 22852094 |
|  | Oak Valley Bancorp | 976 | 25571 |
|  | OceanFirst Financial <br> Corp.<br>| 694036 | 11493236 |
|  | OFG Bancorp | 503221 | 19801746 |
| #\* | Old Market Capital <br> Corp.<br>| 138264 | 789487 |
| # | Old National Bancorp | 4431839 | 91251565 |
|  | Old Republic <br> International Corp.<br>| 119167 | 4480679 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Old Second Bancorp, <br> Inc.<br>| 223643 | $3531323 |
| \* | Onity Group, Inc. | 81749 | 3066405 |
|  | OP Bancorp | 141611 | 1818285 |
|  | Oppenheimer <br> Holdings, Inc., <br> Class A<br>| 145203 | 8568429 |
| \* | OptimumBank <br> Holdings, Inc.<br>| 1253 | 5425 |
|  | Origin Bancorp, Inc. | 245059 | 7851690 |
|  | Orrstown Financial <br> Services, Inc.<br>| 125768 | 3769267 |
|  | Pacific Premier <br> Bancorp, Inc.<br>| 1431888 | 29124602 |
|  | Parke Bancorp, Inc. | 121112 | 2282961 |
| #\* | Paysafe Ltd. | 178362 | 2716453 |
|  | PCB Bancorp | 137278 | 2692022 |
|  | Peapack-Gladstone <br> Financial Corp.<br>| 232356 | 6431614 |
|  | Penns Woods <br> Bancorp, Inc.<br>| 51237 | 1497658 |
|  | PennyMac Financial <br> Services, Inc.<br>| 192552 | 18762267 |
|  | Peoples Bancorp of <br> North Carolina, Inc.<br>| 7096 | 195992 |
|  | Peoples Bancorp, Inc. | 575497 | 16695168 |
|  | Peoples Financial <br> Services Corp.<br>| 51160 | 2211135 |
|  | Pinnacle Financial <br> Partners, Inc.<br>| 423490 | 42450638 |
| \* | Pioneer Bancorp, Inc. | 1132 | 12701 |
| \* | Ponce Financial <br> Group, Inc.<br>| 115639 | 1488274 |
|  | Popular, Inc. | 752201 | 71775019 |
| \* | PRA Group, Inc. | 382916 | 7007363 |
|  | Primis Financial Corp. | 320645 | 2642115 |
|  | Princeton Bancorp, <br> Inc.<br>| 40232 | 1226271 |
| \* | ProAssurance Corp. | 664413 | 15421026 |
|  | Prosperity <br> Bancshares, Inc.<br>| 1235800 | 83910820 |
| #\* | Provident Bancorp, <br> Inc.<br>| 96361 | 1069607 |
|  | Provident Financial <br> Holdings, Inc.<br>| 170109 | 2553336 |
|  | Provident Financial <br> Services, Inc.<br>| 2084692 | 34126408 |
|  | QCR Holdings, Inc. | 139887 | 9085661 |
|  | Radian Group, Inc. | 1590600 | 50803764 |
|  | RBB Bancorp | 120344 | 1874960 |
|  | Red River <br> Bancshares, Inc.<br>| 1031 | 54334 |
|  | Regional Management <br> Corp.<br>| 170944 | 5629186 |

---

------

**U.S. Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| # | Renasant Corp. | 1236913 | $39667800 |
| \* | Repay Holdings Corp. | 1036275 | 4145100 |
|  | Republic Bancorp, <br> Inc., Class A<br>| 173902 | 11799251 |
|  | Richmond Mutual <br> BanCorp, Inc.<br>| 7283 | 102180 |
|  | Riverview Bancorp, <br> Inc.<br>| 318198 | 2011011 |
|  | S&T Bancorp, Inc. | 533973 | 19457976 |
|  | SB Financial Group, <br> Inc.<br>| 65538 | 1274059 |
|  | Seacoast Banking <br> Corp. of Florida<br>| 165027 | 3912790 |
| \* | Security National <br> Financial Corp., <br> Class A<br>| 159025 | 1628416 |
|  | Shore Bancshares, <br> Inc.<br>| 269549 | 3727863 |
|  | Sierra Bancorp | 289461 | 7659138 |
|  | Simmons First <br> National Corp., <br> Class A<br>| 1706427 | 31841928 |
| \* | SiriusPoint Ltd. | 1339612 | 22505482 |
| # | SmartFinancial, Inc. | 192217 | 5847241 |
|  | South Plains <br> Financial, Inc.<br>| 40528 | 1366199 |
| \* | Southern First <br> Bancshares, Inc.<br>| 40611 | 1442097 |
|  | Southern Missouri <br> Bancorp, Inc.<br>| 28125 | 1480781 |
|  | Southern States <br> Bancshares, Inc.<br>| 3077 | 102803 |
|  | Southside <br> Bancshares, Inc.<br>| 113706 | 3205372 |
|  | SouthState Corp. | 827630 | 71821731 |
|  | Stellar Bancorp, Inc. | 432185 | 10787338 |
| #\*» | Sterling Bancorp, Inc. | 224071 | 1084504 |
|  | Stewart Information <br> Services Corp.<br>| 207448 | 13583695 |
|  | Summit State Bank | 10197 | 92181 |
|  | SWK Holdings Corp. | 5520 | 77777 |
|  | Synovus Financial <br> Corp.<br>| 406542 | 17611399 |
| \* | Texas Capital <br> Bancshares, Inc.<br>| 699460 | 47668199 |
| \* | Third Coast <br> Bancshares, Inc.<br>| 111071 | 3309916 |
|  | Timberland Bancorp, <br> Inc.<br>| 134284 | 4127890 |
|  | Tiptree, Inc. | 496635 | 11079927 |
|  | Tompkins Financial <br> Corp.<br>| 31284 | 1864526 |
|  | Towne Bank | 984732 | 32446919 |
|  | TriCo Bancshares | 193863 | 7479235 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | TrustCo Bank Corp. | 281751 | $8579318 |
|  | Trustmark Corp. | 837226 | 28088932 |
|  | UMB Financial Corp. | 257668 | 24367663 |
| \*» | Unico American Corp. | 99017 | 6931 |
|  | United Bancshares, <br> Inc.<br>| 6413 | 172959 |
|  | United Bankshares, <br> Inc.<br>| 1960349 | 67220367 |
|  | United Community <br> Banks, Inc.<br>| 1364538 | 37674894 |
|  | United Fire Group, <br> Inc.<br>| 273492 | 7567524 |
|  | United Security <br> Bancshares<br>| 265629 | 2364098 |
|  | Unity Bancorp, Inc. | 53950 | 2233530 |
|  | Universal Insurance <br> Holdings, Inc.<br>| 3355 | 81325 |
|  | Univest Financial <br> Corp.<br>| 439727 | 12989536 |
|  | Valley National <br> Bancorp<br>| 7006475 | 60255685 |
| \* | Velocity Financial, <br> Inc.<br>| 21820 | 389923 |
|  | Veritex Holdings, Inc. | 717634 | 16706520 |
|  | Virtus Investment <br> Partners, Inc.<br>| 2209 | 339280 |
|  | WaFd, Inc. | 1166879 | 33291058 |
|  | Washington Trust <br> Bancorp, Inc.<br>| 193614 | 5343746 |
|  | Waterstone Financial, <br> Inc.<br>| 284005 | 3436460 |
|  | Webster Financial <br> Corp.<br>| 1694997 | 80173358 |
|  | WesBanco, Inc. | 1402528 | 41767284 |
|  | Western Alliance <br> Bancorp<br>| 656703 | 45778766 |
|  | Western New England <br> Bancorp, Inc.<br>| 356282 | 3288483 |
|  | Westwood Holdings <br> Group, Inc.<br>| 12595 | 210337 |
|  | White Mountains <br> Insurance Group <br> Ltd.<br>| 37220 | 65784489 |
|  | William Penn <br> Bancorp<br>| 39271 | 483819 |
|  | Wintrust Financial <br> Corp.<br>| 504737 | 56111612 |
|  | WSFS Financial <br> Corp.<br>| 765083 | 39440029 |
|  | WVS Financial Corp. | 1740 | 21463 |
|  | Zions Bancorp NA | 1644541 | 73955009 |
| TOTAL FINANCIALS | TOTAL FINANCIALS |  | 4284614511 |

---

------

**U.S. Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (4.7%) | HEALTH CARE — (4.7%) | HEALTH CARE — (4.7%) | HEALTH CARE — (4.7%) |
| \* | Acadia Healthcare <br> Co., Inc.<br>| 410944 | $9616090 |
| \* | AdaptHealth Corp. | 248085 | 2111203 |
| \* | American Shared <br> Hospital Services<br>| 118315 | 319451 |
| \* | AMN Healthcare <br> Services, Inc.<br>| 28283 | 577822 |
| \* | Amphastar <br> Pharmaceuticals, <br> Inc.<br>| 60847 | 1485275 |
| \* | Anika Therapeutics, <br> Inc.<br>| 3793 | 55112 |
| \* | Avanos Medical, Inc. | 648976 | 8144649 |
| \* | Azenta, Inc. | 781849 | 20593903 |
| \* | Bio-Rad Laboratories, <br> Inc., Class A<br>| 231681 | 56548698 |
| \* | Castle Biosciences, <br> Inc.<br>| 116125 | 2328306 |
| \* | Certara, Inc. | 1131569 | 15683546 |
| \* | Charles River <br> Laboratories <br> International, Inc.<br>| 108353 | 12852833 |
| # | CONMED Corp. | 64510 | 3168086 |
| \* | Cross Country <br> Healthcare, Inc.<br>| 213370 | 2891164 |
| \* | Cytek Biosciences, <br> Inc.<br>| 53462 | 198344 |
|  | Dentsply Sirona, Inc. | 1965660 | 27322674 |
| \* | DocGo, Inc. | 108250 | 241398 |
| \* | Elanco Animal Health, <br> Inc.<br>| 5194143 | 49240476 |
| \* | Enhabit, Inc. | 182923 | 1461555 |
| #\* | Enovis Corp. | 755670 | 26138625 |
| \* | Entrada Therapeutics, <br> Inc.<br>| 53812 | 491304 |
| \* | Envista Holdings <br> Corp.<br>| 1986963 | 31950365 |
| \* | Evolent Health, Inc., <br> Class A<br>| 87256 | 860344 |
| \* | FONAR Corp. | 76698 | 962560 |
|  | HealthStream, Inc. | 17713 | 595688 |
| \* | ICU Medical, Inc. | 35401 | 4835423 |
| #\* | Innoviva, Inc. | 1062955 | 19866629 |
| #\* | Integer Holdings <br> Corp.<br>| 190207 | 24025046 |
| \* | Integra LifeSciences <br> Holdings Corp.<br>| 341660 | 5599807 |
| \* | Jazz Pharmaceuticals <br> PLC<br>| 628096 | 73462108 |
| \* | Kewaunee Scientific <br> Corp.<br>| 48955 | 1550405 |
| \* | LENSAR, Inc. | 25596 | 359624 |
| \* | LivaNova PLC | 7670 | 283790 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
|  | National HealthCare <br> Corp.<br>| 203290 | $19208872 |
| #\* | Neogen Corp. | 2738770 | 13830788 |
| \* | NeoGenomics, Inc. | 238938 | 1528009 |
| #\*†† | OCA, Inc. | 492841 | 0 |
| \*» | OmniAb, Inc. <br> (2200963D US)<br>| 2029 | 0 |
| \*» | OmniAb, Inc. <br> (2200964D US)<br>| 2029 | 0 |
| \* | Omnicell, Inc. | 339687 | 10618616 |
| \* | OraSure <br> Technologies, Inc.<br>| 902211 | 2697611 |
| \* | Organogenesis <br> Holdings, Inc.<br>| 334024 | 1640058 |
| \* | OrthoPediatrics Corp. | 43330 | 902131 |
| \* | Owens & Minor, Inc. | 1093329 | 7718903 |
| \* | Pacira BioSciences, <br> Inc.<br>| 555620 | 14946178 |
| \*†† | PDL BioPharma, Inc. | 1226353 | 637704 |
| \* | Pediatrix Medical <br> Group, Inc.<br>| 459721 | 5921206 |
|  | Perrigo Co. PLC | 1847809 | 47525647 |
| # | Premier, Inc., Class A | 1286972 | 26189880 |
| \* | Prestige Consumer <br> Healthcare, Inc.<br>| 535415 | 43491760 |
| \* | Puma Biotechnology, <br> Inc.<br>| 28280 | 89930 |
| \* | QuidelOrtho Corp. | 259880 | 7222065 |
| \* | Quipt Home Medical <br> Corp.<br>| 18029 | 38762 |
|  | Select Medical <br> Holdings Corp.<br>| 27121 | 494687 |
| #\* | Sensus Healthcare, <br> Inc.<br>| 82121 | 353120 |
|  | SIGA Technologies, <br> Inc.<br>| 5300 | 29256 |
| \* | Supernus <br> Pharmaceuticals, <br> Inc.<br>| 474538 | 15412994 |
| #\* | Surgery Partners, Inc. | 534256 | 11726919 |
| \* | Tactile Systems <br> Technology, Inc.<br>| 137647 | 1943576 |
|  | Teleflex, Inc. | 136054 | 18646201 |
|  | Utah Medical <br> Products, Inc.<br>| 24084 | 1246347 |
| \* | Vanda <br> Pharmaceuticals, <br> Inc.<br>| 402020 | 1813110 |
| \* | Varex Imaging Corp. | 553911 | 4608540 |
|  | Viatris, Inc. | 2063774 | 17376977 |
| \* | Voyager Therapeutics, <br> Inc.<br>| 182889 | 651085 |

---

------

**U.S. Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Zimvie, Inc. | 362858 | $3287493 |
| TOTAL HEALTH CARE | TOTAL HEALTH CARE |  | 687620728 |
| INDUSTRIALS — (16.4%) | INDUSTRIALS — (16.4%) | INDUSTRIALS — (16.4%) | INDUSTRIALS — (16.4%) |
| \* | AAR Corp. | 454666 | 24306444 |
|  | ABM Industries, Inc. | 970209 | 47287987 |
|  | ACCO Brands Corp. | 680150 | 2625379 |
|  | Acme United Corp. | 27459 | 1057721 |
| \* | AerSale Corp. | 46258 | 322418 |
| # | AGCO Corp. | 730584 | 61975441 |
| \* | Air Industries Group | 3938 | 13941 |
| # | Air Lease Corp. | 1651724 | 77234614 |
|  | Alamo Group, Inc. | 6481 | 1082197 |
| \* | Alaska Air Group, Inc. | 1599160 | 70794813 |
| # | Alight, Inc., Class A | 7066303 | 36108808 |
| # | Allegiant Travel Co. | 161405 | 7574737 |
|  | Allient, Inc. | 75401 | 1609811 |
| #\* | Ameresco, Inc., <br> Class A<br>| 174409 | 1853968 |
| \* | American Woodmark <br> Corp.<br>| 253281 | 14943579 |
|  | Apogee Enterprises, <br> Inc.<br>| 42322 | 1678914 |
| # | ArcBest Corp. | 320247 | 18740854 |
|  | Arcosa, Inc. | 707668 | 56662977 |
|  | Astec Industries, Inc. | 331845 | 12022744 |
| \* | Asure Software, Inc. | 151498 | 1539220 |
|  | Atkore, Inc. | 136370 | 8709952 |
| \* | Avalon Holdings <br> Corp., Class A<br>| 10149 | 27808 |
|  | AZZ, Inc. | 108958 | 9453196 |
| \* | BGSF, Inc. | 13716 | 45263 |
| \* | BlueLinx Holdings, <br> Inc.<br>| 127648 | 8314991 |
|  | Boise Cascade Co. | 309709 | 28889656 |
| #\* | Bowman Consulting <br> Group Ltd.<br>| 39374 | 870953 |
| \* | BrightView Holdings, <br> Inc.<br>| 1081274 | 14835079 |
| \* | Broadwind, Inc. | 39495 | 61612 |
| #\* | CACI International, <br> Inc., Class A<br>| 13028 | 5965130 |
| \* | Cadeler AS (CDLR <br> US), ADR<br>| 43213 | 901855 |
| #\* | Chart Industries, Inc. | 205033 | 27675354 |
|  | Chicago Rivet & <br> Machine Co.<br>| 27374 | 362705 |
|  | Civeo Corp. | 100200 | 1902798 |
| \* | Clarivate PLC | 226583 | 976573 |
|  | Columbus McKinnon <br> Corp.<br>| 397316 | 5900143 |
| \* | Commercial Vehicle <br> Group, Inc.<br>| 64487 | 61927 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | CompX International, <br> Inc.<br>| 66335 | $1804312 |
| # | Concentrix Corp. | 61539 | 3142181 |
|  | Concrete Pumping <br> Holdings, Inc.<br>| 455819 | 2734914 |
| \* | Conduent, Inc. | 612608 | 1292603 |
|  | Copa Holdings SA, <br> Class A<br>| 231378 | 21231245 |
|  | Costamare, Inc. | 1765828 | 16475175 |
|  | Covenant Logistics <br> Group, Inc.<br>| 356474 | 7093833 |
| \*» | CPI Aerostructures, <br> Inc.<br>| 26424 | 85085 |
| #\* | Custom Truck One <br> Source, Inc.<br>| 676009 | 2724316 |
|  | Deluxe Corp. | 588221 | 8588027 |
| \* | DLH Holdings Corp. | 20847 | 82137 |
| \* | DNOW, Inc. | 1432491 | 22733632 |
|  | Douglas Dynamics, <br> Inc.<br>| 1957 | 46929 |
| \* | Ducommun, Inc. | 250226 | 14342954 |
|  | Dun & Bradstreet <br> Holdings, Inc.<br>| 4196336 | 37641134 |
| \* | DXP Enterprises, Inc. | 148439 | 13130914 |
|  | Eastern Co. | 96114 | 2017433 |
|  | EnerSys | 124941 | 10819891 |
|  | Ennis, Inc. | 554504 | 9953347 |
|  | Enpro, Inc. | 157452 | 23523329 |
| \* | Enviri Corp. | 1081656 | 7430977 |
|  | ESCO Technologies, <br> Inc.<br>| 42396 | 6632854 |
|  | Espey Mfg. & <br> Electronics Corp.<br>| 1996 | 61397 |
| \* | Everus Construction <br> Group, Inc.<br>| 143548 | 5776372 |
| #\* | First Advantage Corp. | 636139 | 8969560 |
| \* | Fluor Corp. | 535770 | 18693015 |
| \* | Forrester Research, <br> Inc.<br>| 68178 | 637464 |
| \* | Frontier Group <br> Holdings, Inc.<br>| 56098 | 167172 |
| \* | Gates Industrial Corp. <br> PLC<br>| 3745480 | 70864482 |
|  | GATX Corp. | 439276 | 64116725 |
| # | Genco Shipping & <br> Trading Ltd.<br>| 644187 | 8348664 |
| \* | Gencor Industries, <br> Inc.<br>| 183121 | 2323805 |
| \* | Gibraltar Industries, <br> Inc.<br>| 272345 | 14420668 |
| #\* | GMS, Inc. | 259767 | 19030530 |
| \* | Graham Corp. | 13919 | 424251 |
|  | Granite Construction, <br> Inc.<br>| 6534 | 531149 |

---

------

**U.S. Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| \* | Great Lakes Dredge & <br> Dock Corp.<br>| 975327 | $8865722 |
| # | Greenbrier Cos., Inc. | 452584 | 19198613 |
| \* | GXO Logistics, Inc. | 920527 | 33359898 |
| \* | Healthcare Services <br> Group, Inc.<br>| 390913 | 5554874 |
|  | Heartland Express, <br> Inc.<br>| 949073 | 7212955 |
|  | Heidrick & Struggles <br> International, Inc.<br>| 278812 | 10879244 |
|  | Helios Technologies, <br> Inc.<br>| 167241 | 4558990 |
|  | Hillenbrand, Inc. | 444522 | 8992680 |
| \* | Hillman Solutions <br> Corp.<br>| 1533872 | 10721765 |
|  | HNI Corp. | 12531 | 530061 |
|  | Hub Group, Inc., <br> Class A<br>| 964702 | 30474936 |
| \* | Hudson Technologies, <br> Inc.<br>| 371008 | 2482044 |
|  | Huntington Ingalls <br> Industries, Inc.<br>| 170738 | 39327791 |
|  | Hurco Cos., Inc. | 112492 | 1876367 |
|  | Hyster-Yale, Inc. | 23234 | 892883 |
| \* | IBEX Holdings Ltd. | 33480 | 838339 |
|  | ICF International, Inc. | 124344 | 10564266 |
|  | Insteel Industries, Inc. | 210233 | 7129001 |
|  | Interface, Inc. | 281829 | 5298385 |
| \* | Janus International <br> Group, Inc.<br>| 257689 | 1772900 |
|  | JBT Marel Corp. | 16774 | 1765631 |
| \* | JELD-WEN Holding, <br> Inc.<br>| 706526 | 3900024 |
|  | Kelly Services, Inc., <br> Class A<br>| 672332 | 7765435 |
|  | Kennametal, Inc. | 1107524 | 21574568 |
| \* | Kirby Corp. | 703054 | 67753314 |
|  | Knight-Swift <br> Transportation <br> Holdings, Inc.<br>| 2009139 | 78697975 |
|  | Korn Ferry | 666773 | 41139894 |
| \* | L.B. Foster Co., <br> Class A<br>| 160670 | 3208580 |
|  | LSI Industries, Inc. | 90046 | 1358794 |
|  | Luxfer Holdings PLC | 106434 | 1145230 |
| #\* | Manitowoc Co., Inc. | 490577 | 3865747 |
|  | ManpowerGroup, Inc. | 626592 | 26987317 |
|  | Marten Transport Ltd. | 1363391 | 17505940 |
| \* | Mastech Digital, Inc. | 1688 | 12424 |
| \* | Masterbrand, Inc. | 1010537 | 12278025 |
|  | Matson, Inc. | 496651 | 54179658 |
|  | Matthews International <br> Corp., Class A<br>| 371816 | 7603637 |
|  | Maximus, Inc. | 7269 | 486732 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| \* | Mayville Engineering <br> Co., Inc.<br>| 109087 | $1394132 |
| \* | Middleby Corp. | 200896 | 26789482 |
| # | Miller Industries, Inc. | 173257 | 7070618 |
|  | MillerKnoll, Inc. | 952002 | 15612833 |
| \* | Mistras Group, Inc. | 357850 | 3263592 |
| #\* | Montrose <br> Environmental <br> Group, Inc.<br>| 33607 | 491670 |
| \* | MRC Global, Inc. | 624543 | 7275926 |
|  | National Presto <br> Industries, Inc.<br>| 57009 | 4808709 |
|  | NL Industries, Inc. | 787540 | 6757093 |
| \* | NN, Inc. | 39118 | 78627 |
| \* | Northwest Pipe Co. | 166719 | 7062217 |
| \* | NV5 Global, Inc. | 258461 | 4794452 |
| \* | OPENLANE, Inc. | 1471602 | 27239353 |
| \* | Orion Group Holdings, <br> Inc.<br>| 263750 | 1685362 |
|  | Oshkosh Corp. | 632216 | 52954412 |
| \* | PAMT Corp. | 347429 | 4853583 |
|  | Pangaea Logistics <br> Solutions Ltd.<br>| 621580 | 2504967 |
|  | Park-Ohio Holdings <br> Corp.<br>| 180081 | 3585413 |
| \* | Perma-Pipe <br> International <br> Holdings, Inc.<br>| 154335 | 1852020 |
|  | Preformed Line <br> Products Co.<br>| 87053 | 11958471 |
|  | Primoris Services <br> Corp.<br>| 231693 | 13894629 |
| \* | Proto Labs, Inc. | 276226 | 9712106 |
|  | Quad/Graphics, Inc. | 100311 | 478483 |
|  | Quanex Building <br> Products Corp.<br>| 507871 | 8349399 |
| \* | Radiant Logistics, Inc. | 628615 | 3677398 |
|  | Regal Rexnord Corp. | 224258 | 23735467 |
| \* | Resideo Technologies, <br> Inc.<br>| 2005204 | 33647323 |
|  | Resources <br> Connection, Inc.<br>| 431774 | 2476224 |
|  | Rush Enterprises, Inc. <br> (RUSHA US), <br> Class A<br>| 764614 | 38987668 |
|  | Rush Enterprises, Inc. <br> (RUSHB US), <br> Class B<br>| 563591 | 32598103 |
|  | Ryder System, Inc. | 195965 | 26978502 |
| # | Schneider National, <br> Inc., Class B<br>| 1205180 | 25899318 |
| # | Sensata Technologies <br> Holding PLC<br>| 1893533 | 40521606 |
| \* | Servotronics, Inc. | 15025 | 160166 |

---

------

**U.S. Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Shyft Group, Inc. | 159946 | $1353143 |
| \* | SIFCO Industries, <br> Inc.<br>| 49091 | 130091 |
| \* | SkyWest, Inc. | 593720 | 52942012 |
|  | Stanley Black & <br> Decker, Inc.<br>| 270244 | 16220045 |
|  | Steelcase, Inc., <br> Class A<br>| 1364403 | 13534878 |
| \* | Stratasys Ltd. | 55199 | 521079 |
| \* | Sun Country Airlines <br> Holdings, Inc.<br>| 337699 | 3309450 |
| #\* | Sunrun, Inc. | 2465783 | 16989245 |
| \* | Taylor Devices, Inc. | 3503 | 111746 |
|  | Terex Corp. | 317544 | 11177549 |
| \* | Thermon Group <br> Holdings, Inc.<br>| 264377 | 6934609 |
|  | Timken Co. | 498259 | 32013141 |
| \* | Titan International, <br> Inc.<br>| 379649 | 2790420 |
| #\* | Titan Machinery, Inc. | 403298 | 6690714 |
|  | Trinity Industries, Inc. | 953773 | 23939702 |
| \* | TrueBlue, Inc. | 152084 | 660045 |
| \* | Tutor Perini Corp. | 383943 | 8239417 |
|  | Twin Disc, Inc. | 92465 | 678693 |
|  | UFP Industries, Inc. | 121869 | 12046751 |
| \* | Ultralife Corp. | 226959 | 1016776 |
|  | UniFirst Corp. | 135615 | 24203209 |
|  | Universal Logistics <br> Holdings, Inc.<br>| 51996 | 1130393 |
| \* | V2X, Inc. | 148963 | 7412399 |
|  | Vestis Corp. | 908480 | 7958285 |
|  | Virco Mfg. Corp. | 108522 | 997317 |
| \* | VirTra, Inc. | 47855 | 223961 |
|  | Wabash National <br> Corp.<br>| 145037 | 1002206 |
| # | Werner Enterprises, <br> Inc.<br>| 846463 | 20873778 |
|  | WESCO International, <br> Inc.<br>| 479298 | 78106402 |
| \* | Willdan Group, Inc. | 21020 | 823984 |
|  | Willis Lease Finance <br> Corp.<br>| 232067 | 35905406 |
|  | Worthington <br> Enterprises, Inc.<br>| 188461 | 9541780 |
| TOTAL INDUSTRIALS | TOTAL INDUSTRIALS |  | 2396672627 |
| INFORMATION TECHNOLOGY — (5.5%) | INFORMATION TECHNOLOGY — (5.5%) | INFORMATION TECHNOLOGY — (5.5%) | INFORMATION TECHNOLOGY — (5.5%) |
| #\* | Alithya Group, Inc., <br> Class A<br>| 141585 | 169902 |
| \* | Alpha & Omega <br> Semiconductor Ltd.<br>| 439895 | 8283223 |
|  | Amkor Technology, <br> Inc.<br>| 3562148 | 62159483 |
| \* | Amtech Systems, Inc. | 359967 | 1241886 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | Arrow Electronics, <br> Inc.<br>| 688912 | $76717240 |
| \* | ASGN, Inc. | 276990 | 13954756 |
| \* | AstroNova, Inc. | 170149 | 1413938 |
| \* | Aviat Networks, Inc. | 32280 | 566837 |
|  | Avnet, Inc. | 1686327 | 79240506 |
| \* | Aware, Inc. | 401024 | 665700 |
| \* | Axcelis Technologies, <br> Inc.<br>| 18180 | 890456 |
|  | Bel Fuse, Inc. (BELFA <br> US), Class A<br>| 10352 | 635613 |
| # | Bel Fuse, Inc. (BELFB <br> US), Class B<br>| 157381 | 10350948 |
|  | Benchmark <br> Electronics, Inc.<br>| 677054 | 22024567 |
| \* | Bill Holdings, Inc. | 409129 | 18644008 |
| #\* | Cipher Mining, Inc. | 76889 | 219134 |
| \* | Clearfield, Inc. | 3081 | 88332 |
| \* | Coherent Corp. | 140704 | 9050081 |
| \* | Cohu, Inc. | 654752 | 10476032 |
| \* | Comtech <br> Telecommunications <br> Corp.<br>| 229164 | 313955 |
| \* | Corsair Gaming, Inc. | 75759 | 536374 |
|  | CSP, Inc. | 142189 | 2366025 |
| \* | Daktronics, Inc. | 155160 | 1968980 |
| \* | Diebold Nixdorf, Inc. | 123762 | 5486369 |
| \* | Digi International, Inc. | 389299 | 10588933 |
| \* | Diodes, Inc. | 499286 | 19172582 |
| \* | DXC Technology Co. | 2434573 | 37784573 |
| #\* | Eastman Kodak Co. | 370643 | 2331344 |
| \* | ePlus, Inc. | 165124 | 10297133 |
|  | Frequency <br> Electronics, Inc.<br>| 83940 | 1561284 |
| \* | Ichor Holdings Ltd. | 343923 | 6802797 |
| \* | IPG Photonics Corp. | 312513 | 18716404 |
| \* | Key Tronic Corp. | 214941 | 528755 |
| \* | Kimball Electronics, <br> Inc.<br>| 531361 | 7619717 |
| \* | Knowles Corp. | 1180833 | 18586311 |
| \* | KVH Industries, Inc. | 58879 | 300872 |
| \* | Lantronix, Inc. | 152366 | 324540 |
|  | Littelfuse, Inc. | 15227 | 2776034 |
| \* | LiveRamp Holdings, <br> Inc.<br>| 203291 | 5318092 |
| \* | Mirion Technologies, <br> Inc.<br>| 1006202 | 15877867 |
| \* | Mitek Systems, Inc. | 43762 | 362349 |
|  | MKS Instruments, <br> Inc.<br>| 5777 | 405199 |
| \* | N-able, Inc. | 34711 | 245060 |
| \* | NCR Voyix Corp. | 53110 | 455153 |
| \* | NETGEAR, Inc. | 113713 | 2742758 |
| #\* | NetScout Systems, <br> Inc.<br>| 965443 | 20293612 |

---

------

**U.S. Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | Nortech Systems, Inc. | 584 | $5157 |
| \* | Olo, Inc., Class A | 336189 | 2084372 |
| \* | Optical Cable Corp. | 107704 | 322035 |
|  | PC Connection, Inc. | 422146 | 26189938 |
| \* | Penguin Solutions, <br> Inc.<br>| 132347 | 2259163 |
| \* | Photronics, Inc. | 916456 | 16743651 |
| \* | Plexus Corp. | 135650 | 16607629 |
| \* | Powerfleet, Inc. NJ | 83524 | 420961 |
| \* | RF Industries Ltd. | 2208 | 8457 |
| \* | Ribbon <br> Communications, <br> Inc.<br>| 994260 | 3191575 |
| # | Richardson <br> Electronics Ltd.<br>| 248494 | 2151958 |
| \* | Rogers Corp. | 189465 | 11710832 |
| \* | Sanmina Corp. | 959265 | 73661959 |
| #\* | ScanSource, Inc. | 377407 | 12450657 |
| #\*†† | Silicon Graphics, Inc. | 289563 | 0 |
|  | Skyworks Solutions, <br> Inc.<br>| 249338 | 16027447 |
| \* | SoundThinking, Inc. | 245 | 3802 |
| \* | Synaptics, Inc. | 24678 | 1373577 |
|  | Taitron Components, <br> Inc., Class A<br>| 7394 | 15971 |
| # | TD SYNNEX Corp. | 161111 | 17851099 |
| \* | TransAct <br> Technologies, Inc.<br>| 111690 | 388681 |
| \* | Trio-Tech <br> International<br>| 57299 | 295663 |
| \* | TTM Technologies, <br> Inc.<br>| 1596890 | 31969738 |
| \* | Ultra Clean Holdings, <br> Inc.<br>| 343934 | 6433285 |
| #\* | Veeco Instruments, <br> Inc.<br>| 250097 | 4676814 |
| \* | Verint Systems, Inc. | 498389 | 8791582 |
| #\* | Viasat, Inc. | 266862 | 2473811 |
| # | Vishay <br> Intertechnology, <br> Inc.<br>| 1741053 | 22616278 |
| \* | Vishay Precision <br> Group, Inc.<br>| 176401 | 4399441 |
| # | Xerox Holdings Corp. | 1562760 | 6891772 |
| TOTAL INFORMATION <br> TECHNOLOGY | TOTAL INFORMATION <br> TECHNOLOGY |  | 802573019 |
| MATERIALS — (6.7%) | MATERIALS — (6.7%) | MATERIALS — (6.7%) | MATERIALS — (6.7%) |
|  | AdvanSix, Inc. | 374311 | 8017742 |
|  | Alcoa Corp. | 1744904 | 42802495 |
| \* | Alpha Metallurgical <br> Resources, Inc.<br>| 155645 | 18887521 |
| \* | Alto Ingredients, Inc. | 72158 | 65072 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | American Vanguard <br> Corp.<br>| 377327 | $1592320 |
| \* | Arq, Inc. | 83602 | 316852 |
| \* | Ascent Industries Co. | 45473 | 600244 |
|  | Ashland, Inc. | 671255 | 36509559 |
| \* | Aspen Aerogels, Inc. | 248375 | 1341225 |
|  | Avient Corp. | 963981 | 32110207 |
|  | Caledonia Mining <br> Corp. PLC<br>| 90977 | 1198167 |
|  | Celanese Corp. | 197112 | 8773455 |
| \* | Clearwater Paper <br> Corp.<br>| 225323 | 6052176 |
| #\* | Cleveland-Cliffs, Inc. | 6647695 | 54777007 |
| \* | Coeur Mining, Inc. | 524267 | 2909682 |
|  | Commercial Metals <br> Co.<br>| 1629284 | 72568309 |
| \* | Core Molding <br> Technologies, Inc.<br>| 141220 | 2171964 |
|  | Eastman Chemical <br> Co.<br>| 158373 | 12194721 |
| \* | Ecovyst, Inc. | 1623332 | 9707525 |
|  | Element Solutions, <br> Inc.<br>| 1464282 | 29885996 |
|  | Ferroglobe PLC | 314616 | 1098010 |
| \* | Flotek Industries, Inc. | 2022 | 14073 |
|  | FMC Corp. | 762125 | 31948280 |
|  | Fortitude Gold Corp. | 40459 | 140393 |
|  | Friedman Industries, <br> Inc.<br>| 167643 | 2885136 |
|  | Greif, Inc. (GEF US), <br> Class A<br>| 553670 | 29056602 |
|  | Greif, Inc. (GEF/B <br> US), Class B<br>| 27841 | 1547124 |
|  | HB Fuller Co. | 340696 | 18411212 |
|  | Hecla Mining Co. | 3595515 | 20566346 |
|  | Huntsman Corp. | 2423119 | 32251714 |
|  | Innospec, Inc. | 63654 | 5695760 |
| #\* | Intrepid Potash, Inc. | 140253 | 4633959 |
|  | Kaiser Aluminum <br> Corp.<br>| 128364 | 8274343 |
|  | Koppers Holdings, <br> Inc.<br>| 268544 | 6729713 |
|  | Kronos Worldwide, <br> Inc.<br>| 695743 | 5364179 |
| \* | LSB Industries, Inc. | 262319 | 1673595 |
|  | Materion Corp. | 113738 | 9441391 |
|  | Mativ Holdings, Inc. | 186908 | 955100 |
|  | Mercer International, <br> Inc.<br>| 401008 | 1792506 |
| \* | Metallus, Inc. | 637342 | 8062376 |
|  | Minerals <br> Technologies, Inc.<br>| 476529 | 24584131 |
|  | Mosaic Co. | 2795341 | 84978366 |
|  | Myers Industries, Inc. | 159403 | 1673732 |

---

------

**U.S. Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
| \* | Nexa Resources SA | 130073 | $759626 |
|  | Northern Technologies <br> International Corp.<br>| 1810 | 13485 |
| \* | O-I Glass, Inc. | 2050780 | 25962875 |
|  | Olin Corp. | 455042 | 9838008 |
|  | Olympic Steel, Inc. | 187736 | 6054486 |
|  | Orion SA | 458788 | 5523808 |
| \* | Perimeter Solutions, <br> Inc.<br>| 972850 | 9854970 |
|  | Quaker Chemical <br> Corp.<br>| 99367 | 10526940 |
|  | Radius Recycling, <br> Inc.<br>| 416345 | 12211399 |
| # | Ramaco Resources, <br> Inc. (METC US), <br> Class A<br>| 432441 | 4359005 |
|  | Ramaco Resources, <br> Inc. (METCB US), <br> Class B<br>| 18471 | 169379 |
| \* | Ranpak Holdings <br> Corp.<br>| 632886 | 2601161 |
| \* | Rayonier Advanced <br> Materials, Inc.<br>| 950286 | 4048218 |
| †† | Resolute Forest <br> Products, Inc.<br>| 1372760 | 365566 |
|  | Ryerson Holding <br> Corp.<br>| 441185 | 10314905 |
|  | Sonoco Products Co. | 516336 | 21169776 |
|  | Stepan Co. | 282256 | 14270863 |
|  | SunCoke Energy, Inc. | 1553447 | 14074230 |
| \* | Tredegar Corp. | 3527 | 27405 |
|  | TriMas Corp. | 564288 | 13571126 |
|  | Tronox Holdings PLC | 2176281 | 11773680 |
| # | U.S. Steel Corp. | 2935665 | 128317917 |
| # | Warrior Met Coal, Inc. | 380293 | 18185611 |
| \*» | Webco Industries, <br> Inc.<br>| 4296 | 764209 |
|  | Worthington Steel, <br> Inc.<br>| 306089 | 7854244 |
| TOTAL MATERIALS | TOTAL MATERIALS |  | 976873172 |
| REAL ESTATE — (0.8%) | REAL ESTATE — (0.8%) | REAL ESTATE — (0.8%) | REAL ESTATE — (0.8%) |
| \* | AMREP Corp. | 20447 | 461080 |
| \* | Anywhere Real <br> Estate, Inc.<br>| 1546002 | 5349167 |
| \* | Cushman & Wakefield <br> PLC<br>| 2745470 | 25725054 |
| \* | Five Point <br> Holdings LLC, <br> Class A<br>| 125182 | 658457 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) |
| \* | Forestar Group, Inc. | 697509 | $13434023 |
| \* | FRP Holdings, Inc. | 177322 | 4714105 |
| \* | Howard Hughes <br> Holdings, Inc.<br>| 376702 | 25061984 |
| \* | Jones Lang LaSalle, <br> Inc.<br>| 80380 | 18279216 |
|  | Newmark Group, Inc., <br> Class A<br>| 530492 | 5830107 |
| \* | RE/MAX Holdings, <br> Inc., Class A<br>| 252710 | 1933232 |
| #\* | Seaport Entertainment <br> Group, Inc.<br>| 94913 | 1817584 |
| #\* | Stratus Properties, <br> Inc.<br>| 109516 | 1738019 |
| \* | Tejon Ranch Co. | 421767 | 7140515 |
| TOTAL REAL ESTATE | TOTAL REAL ESTATE |  | 112142543 |
| UTILITIES — (0.6%) | UTILITIES — (0.6%) | UTILITIES — (0.6%) | UTILITIES — (0.6%) |
|  | Brookfield <br> Infrastructure Corp., <br> Class A<br>| 134646 | 5041146 |
|  | MDU Resources <br> Group, Inc.<br>| 2361626 | 40478270 |
| \* | Montauk Renewables, <br> Inc.<br>| 6937 | 14568 |
|  | New Jersey <br> Resources Corp.<br>| 700258 | 34270626 |
|  | Ormat Technologies, <br> Inc.<br>| 200088 | 14526389 |
| TOTAL UTILITIES | TOTAL UTILITIES |  | 94330999 |
| TOTAL COMMON <br> STOCKS <br>Cost ($12449094406) | TOTAL COMMON <br> STOCKS <br>Cost ($12449094406) |  | 13805460932 |

---

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

---

| | | | |
|:---|:---|:---|:---|
| TEMPORARY CASH INVESTMENTS — (0.8%) | TEMPORARY CASH INVESTMENTS — (0.8%) | TEMPORARY CASH INVESTMENTS — (0.8%) | TEMPORARY CASH INVESTMENTS — (0.8%) |
| Ɏ | State Street <br> Institutional <br> U.S. Government <br> Money Market Fund <br> 4.290%<br>| 125073417 | 125073417 |
| SECURITIES LENDING COLLATERAL — (4.9%) | SECURITIES LENDING COLLATERAL — (4.9%) | SECURITIES LENDING COLLATERAL — (4.9%) | SECURITIES LENDING COLLATERAL — (4.9%) |
| @§ | The DFA Short Term <br> Investment Fund <br>| 61658270 | 713077892 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $13,287,303,669) | (Cost $13,287,303,669) |  | $14643612241 |

---

------

**U.S. Small Cap Value Portfolio**

**CONTINUED**

As of April 30, 2025, U.S. Small Cap Value Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 455 | 06/20/25 | &nbsp;&nbsp; $118004832 | &nbsp;&nbsp; $127104250 | &nbsp;&nbsp; $9099418 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$118004832** | &nbsp;&nbsp; **$127104250** | &nbsp;&nbsp; **$9099418** |

---

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Communication Services | &nbsp;&nbsp; $359777485 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $359777485 |
| Consumer Discretionary | &nbsp;&nbsp; 2157398639 | &nbsp;&nbsp; $187998 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2157586637 |
| Consumer Staples | &nbsp;&nbsp; 643926280 | &nbsp;&nbsp; 2162040 | &nbsp;&nbsp; — | &nbsp;&nbsp; 646088320 |
| Energy | &nbsp;&nbsp; 1287180891 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1287180891 |
| Financials | &nbsp;&nbsp; 4282985476 | &nbsp;&nbsp; 1629035 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4284614511 |
| Health Care | &nbsp;&nbsp; 686983024 | &nbsp;&nbsp; — | &nbsp;&nbsp; $637704 | &nbsp;&nbsp; 687620728 |
| Industrials | &nbsp;&nbsp; 2396587542 | &nbsp;&nbsp; 85085 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2396672627 |
| Information Technology | &nbsp;&nbsp; 802573019 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 802573019 |
| Materials | &nbsp;&nbsp; 975743397 | &nbsp;&nbsp; 764209 | &nbsp;&nbsp; 365566 | &nbsp;&nbsp; 976873172 |
| Real Estate | &nbsp;&nbsp; 112142543 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 112142543 |
| Utilities | &nbsp;&nbsp; 94330999 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 94330999 |
| Temporary Cash Investments | &nbsp;&nbsp; 125073417 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 125073417 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 713077892 | &nbsp;&nbsp; — | &nbsp;&nbsp; 713077892 |
| Total Investments in Securities | &nbsp;&nbsp; $13924702712 | &nbsp;&nbsp; $717906259 | &nbsp;&nbsp; $1,003,270˂˃ | &nbsp;&nbsp; $14643612241 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; 9099418 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 9099418 |
| Total Financial Instruments | &nbsp;&nbsp; $9099418 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $9099418 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

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

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

------

**U.S. Core Equity 1 Portfolio**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)**

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMON STOCKS — (95.2%) | COMMON STOCKS — (95.2%) | COMMON STOCKS — (95.2%) | COMMON STOCKS — (95.2%) |
| COMMUNICATION SERVICES — (7.7%) | COMMUNICATION SERVICES — (7.7%) | COMMUNICATION SERVICES — (7.7%) | COMMUNICATION SERVICES — (7.7%) |
|  | Alphabet, Inc. (GOOG <br> US), Class C<br>| 2455878 | $395126211 |
|  | Alphabet, Inc. <br> (GOOGL US), <br> Class A<br>| 2762096 | 438620845 |
| \* | Altice USA, Inc., <br> Class A<br>| 8636 | 21417 |
| \* | AMC Networks, Inc., <br> Class A<br>| 44672 | 285901 |
| \* | Anterix, Inc. | 19697 | 587955 |
|  | AT&T, Inc. | 4674552 | 129485090 |
| #\* | Atlanta Braves <br> Holdings, Inc. <br> (2291915D US), <br> Class A<br>| 15003 | 651880 |
| \* | Atlanta Braves <br> Holdings, Inc. <br> (2292098D US), <br> Class C<br>| 55951 | 2230207 |
|  | ATN International, <br> Inc.<br>| 17342 | 306780 |
| \* | Bandwidth, Inc., <br> Class A<br>| 36811 | 457193 |
| \* | Boston Omaha Corp., <br> Class A<br>| 1260 | 19568 |
|  | Cable One, Inc. | 6483 | 1732711 |
| \* | Cargurus, Inc. | 104444 | 2920254 |
| \* | Cars.com, Inc. | 145714 | 1696111 |
| #\* | Charter <br> Communications, <br> Inc., Class A<br>| 101472 | 39762818 |
| # | Cinemark Holdings, <br> Inc.<br>| 163217 | 4881821 |
|  | Comcast Corp., <br> Class A<br>| 3617477 | 123717713 |
| \* | DHI Group, Inc. | 765897 | 1079915 |
|  | Electronic Arts, Inc. | 155923 | 22622868 |
|  | Entravision <br> Communications <br> Corp., Class A<br>| 46894 | 85816 |
|  | Fox Corp. (FOX US), <br> Class B<br>| 208363 | 9634705 |
|  | Fox Corp. (FOXA US), <br> Class A<br>| 278213 | 13852225 |
| \* | Frontier <br> Communications <br> Parent, Inc.<br>| 218769 | 7930376 |
| \* | Gaia, Inc. | 5400 | 28296 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
| \* | Gambling.com Group <br> Ltd.<br>| 5258 | $67671 |
| \* | Gannett Co., Inc. | 117731 | 376739 |
|  | Gray Media, Inc. | 124188 | 416030 |
|  | Gray Media, Inc., <br> Class A<br>| 600 | 4587 |
| \* | Harte Hanks, Inc. | 1754 | 8770 |
|  | IDT Corp., Class B | 145745 | 7323686 |
| #\* | IMAX Corp. | 46190 | 1123803 |
| \* | Integral Ad Science <br> Holding Corp.<br>| 77690 | 549268 |
|  | Interpublic Group of <br> Cos., Inc.<br>| 682571 | 17146184 |
|  | Iridium <br> Communications, <br> Inc.<br>| 209946 | 5065997 |
|  | John Wiley & Sons, <br> Inc. (WLY US), <br> Class A<br>| 36150 | 1577586 |
| \* | Lee Enterprises, Inc. | 4146 | 33375 |
| \* | Liberty Broadband <br> Corp. (LBRDA US), <br> Class A<br>| 9694 | 863251 |
| \* | Liberty Broadband <br> Corp. (LBRDK US), <br> Class C<br>| 96897 | 8758520 |
| \* | Liberty Global Ltd. <br> (LBTYA US), <br> Class A<br>| 101939 | 1116232 |
| \* | Liberty Global Ltd. <br> (LBTYK US), <br> Class C<br>| 130873 | 1484100 |
| \* | Liberty Latin America <br> Ltd. (LILA US), <br> Class A<br>| 125630 | 680915 |
| \* | Liberty Latin America <br> Ltd. (LILAK US), <br> Class C<br>| 202515 | 1113833 |
| \* | Liberty Media <br> Corp.-Liberty <br> Formula One <br> (FWONA US), <br> Class A<br>| 9224 | 742993 |
| \* | Liberty Media <br> Corp.-Liberty <br> Formula One <br> (FWONK US), <br> Class C<br>| 174666 | 15487634 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
| \* | Liberty Media <br> Corp.-Liberty Live <br> (LLYVA US), <br> Class A<br>| 20487 | $1433680 |
| \* | Liberty Media <br> Corp.-Liberty Live <br> (LLYVK US), <br> Class C<br>| 55388 | 3960796 |
| #\* | Lions Gate <br> Entertainment Corp. <br> (LGF/A US), <br> Class A<br>| 79841 | 708988 |
| \* | Lions Gate <br> Entertainment Corp. <br> (LGF/B US), <br> Class B<br>| 395218 | 3153840 |
| #\* | Live Nation <br> Entertainment, Inc.<br>| 139583 | 18487768 |
| \* | Lumen Technologies, <br> Inc.<br>| 453371 | 1604933 |
| \* | Madison Square <br> Garden <br> Entertainment <br> Corp.<br>| 42724 | 1385967 |
| \* | Madison Square <br> Garden Sports <br> Corp.<br>| 12424 | 2392490 |
| #\* | Magnite, Inc. | 303286 | 3606071 |
|  | Marcus Corp. | 27823 | 453793 |
|  | Match Group, Inc. | 190786 | 5658713 |
|  | Meta Platforms, Inc., <br> Class A<br>| 1162818 | 638387082 |
| \* | Netflix, Inc. | 170109 | 192515758 |
|  | New York Times Co., <br> Class A<br>| 270403 | 14077180 |
| # | News Corp. (NWS <br> US), Class B<br>| 207046 | 6505385 |
|  | News Corp. (NWSA <br> US), Class A<br>| 398434 | 10805530 |
|  | Nexstar Media Group, <br> Inc.<br>| 87453 | 13088216 |
| # | Omnicom Group, Inc. | 240871 | 18344735 |
| # | Paramount Global <br> (PARA US), <br> Class B<br>| 102584 | 1204336 |
| # | Paramount Global <br> (PARAA US), <br> Class A<br>| 9352 | 211916 |
| \* | Pinterest, Inc., <br> Class A<br>| 169998 | 4304349 |
|  | Playtika Holding <br> Corp.<br>| 47899 | 252428 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
| \* | PubMatic, Inc., <br> Class A<br>| 51492 | $503077 |
| \* | QuinStreet, Inc. | 65359 | 1145090 |
| \* | Reservoir Media, Inc. | 17019 | 127643 |
| \* | ROBLOX Corp., <br> Class A<br>| 53681 | 3599311 |
| \* | Roku, Inc. | 64254 | 4380838 |
|  | Saga <br> Communications, <br> Inc., Class A<br>| 14867 | 168740 |
| # | Scholastic Corp. | 32852 | 592322 |
|  | Shenandoah <br> Telecommunications <br> Co.<br>| 70396 | 784211 |
|  | Shutterstock, Inc. | 5361 | 85562 |
| # | Sinclair, Inc. | 43835 | 631224 |
| # | Sirius XM Holdings, <br> Inc.<br>| 111629 | 2391093 |
| #\* | Snap, Inc., Class A | 396534 | 3156411 |
| #\* | Sphere Entertainment <br> Co.<br>| 43336 | 1180906 |
|  | Spok Holdings, Inc. | 37638 | 539729 |
| \* | Spotify Technology <br> SA<br>| 34542 | 21208097 |
| \* | Stagwell, Inc. | 179530 | 1001777 |
| #\* | Sunrise <br> Communications <br> AG, ADR, Class A<br>| 39623 | 2136472 |
| \* | Take-Two Interactive <br> Software, Inc.<br>| 102397 | 23891268 |
| \* | TechTarget, Inc. | 44033 | 350943 |
|  | TEGNA, Inc. | 282397 | 4583303 |
|  | Telephone & Data <br> Systems, Inc.<br>| 70911 | 2658453 |
| \* | Thryv Holdings, Inc. | 32795 | 449292 |
|  | TKO Group Holdings, <br> Inc.<br>| 75267 | 12261747 |
|  | T-Mobile U.S., Inc. | 347071 | 85709184 |
|  | Townsquare Media, <br> Inc., Class A<br>| 16081 | 106456 |
| \* | Trade Desk, Inc., <br> Class A<br>| 116284 | 6236311 |
| \* | Travelzoo | 40759 | 565327 |
| \* | TripAdvisor, Inc. | 65970 | 821327 |
| \* | TrueCar, Inc. | 160263 | 238792 |
| #\* | U.S. Cellular Corp. | 47023 | 3228599 |
|  | Verizon <br> Communications, <br> Inc.<br>| 3294179 | 145141527 |
| \* | Vimeo, Inc. | 201809 | 1017117 |
|  | Walt Disney Co. | 843666 | 76731423 |
| \* | Warner Bros <br> Discovery, Inc.<br>| 151593 | 1314311 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
| # | Warner Music Group <br> Corp., Class A<br>| 38622 | $1176040 |
| \* | WideOpenWest, Inc. | 52827 | 231382 |
| \* | Yelp, Inc. | 47044 | 1650304 |
| \* | Zedge, Inc., Class B | 7377 | 17852 |
| #\* | Ziff Davis, Inc. | 49887 | 1473163 |
| TOTAL COMMUNICATION <br> SERVICES | TOTAL COMMUNICATION <br> SERVICES |  | 2617710428 |
| CONSUMER DISCRETIONARY — (9.9%) | CONSUMER DISCRETIONARY — (9.9%) | CONSUMER DISCRETIONARY — (9.9%) | CONSUMER DISCRETIONARY — (9.9%) |
| #\* | 1-800-Flowers.com, <br> Inc., Class A<br>| 45450 | 251339 |
| \* | 1stdibs.com, Inc. | 7657 | 18913 |
| \* | Abercrombie & Fitch <br> Co., Class A<br>| 117642 | 8166708 |
| # | Academy Sports & <br> Outdoors, Inc.<br>| 69857 | 2632212 |
| # | Acushnet Holdings <br> Corp.<br>| 122824 | 8133405 |
| \* | Adient PLC | 107909 | 1365049 |
|  | ADT, Inc. | 551887 | 4426134 |
| \* | Adtalem Global <br> Education, Inc.<br>| 101505 | 10779831 |
| # | Advance Auto Parts, <br> Inc.<br>| 49495 | 1619476 |
| \* | Airbnb, Inc., Class A | 101590 | 12385853 |
|  | A-Mark Precious <br> Metals, Inc.<br>| 31709 | 772431 |
| \* | Amazon.com, Inc. | 4429701 | 816925458 |
|  | AMCON Distributing <br> Co.<br>| 377 | 45346 |
| \* | American Axle & <br> Manufacturing <br> Holdings, Inc.<br>| 194120 | 741538 |
| # | American Eagle <br> Outfitters, Inc.<br>| 201552 | 2122343 |
| \* | American Outdoor <br> Brands, Inc.<br>| 28188 | 316410 |
| #\* | American Public <br> Education, Inc.<br>| 32259 | 758087 |
| \* | America's Car-Mart, <br> Inc.<br>| 13791 | 653969 |
| \* | Aptiv PLC | 206300 | 11771478 |
|  | Aramark | 329721 | 11022573 |
| \* | Arhaus, Inc. | 33807 | 265723 |
|  | Ark Restaurants <br> Corp.<br>| 3088 | 28595 |
|  | Arko Corp. | 125207 | 503958 |
| \* | Asbury Automotive <br> Group, Inc.<br>| 38000 | 8289320 |
|  | Autoliv, Inc. | 155841 | 14529056 |
| \* | AutoNation, Inc. | 112335 | 19563140 |
| \* | AutoZone, Inc. | 8138 | 30620039 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | Barnes & Noble <br> Education, Inc.<br>| 723 | $7613 |
|  | Bassett Furniture <br> Industries, Inc.<br>| 10823 | 191026 |
|  | Bath & Body Works, <br> Inc.<br>| 155937 | 4757638 |
| \* | Beazer Homes USA, <br> Inc.<br>| 61898 | 1210725 |
|  | Best Buy Co., Inc. | 348513 | 23242332 |
| \* | Biglari Holdings, Inc. <br> (BH US), Class B<br>| 3890 | 906020 |
| \* | Biglari Holdings, Inc. <br> (BH/A US), Class A<br>| 309 | 354423 |
| \* | Birkenstock Holding <br> PLC<br>| 7374 | 379245 |
| \* | BJ's Restaurants, Inc. | 33882 | 1127932 |
| # | Bloomin' Brands, Inc. | 93744 | 751827 |
|  | Booking Holdings, <br> Inc.<br>| 15960 | 81384509 |
| #\* | Boot Barn Holdings, <br> Inc.<br>| 47423 | 4948116 |
|  | BorgWarner, Inc. | 237914 | 6751999 |
|  | Boyd Gaming Corp. | 41929 | 2898971 |
| \* | Bright Horizons Family <br> Solutions, Inc.<br>| 70176 | 8801474 |
| \* | Brinker International, <br> Inc.<br>| 63587 | 8539734 |
|  | Brunswick Corp. | 97636 | 4496138 |
| # | Buckle, Inc. | 76103 | 2645340 |
|  | Build-A-Bear <br> Workshop, Inc.<br>| 37650 | 1328292 |
| \* | Burlington Stores, <br> Inc.<br>| 39201 | 8821793 |
| \* | Caesars <br> Entertainment, Inc.<br>| 61534 | 1665110 |
| # | Caleres, Inc. | 51818 | 789706 |
|  | Camping World <br> Holdings, Inc., <br> Class A<br>| 59147 | 713313 |
| \* | Capri Holdings Ltd. | 7151 | 107551 |
| \* | CarMax, Inc. | 197121 | 12747815 |
| \* | Carnival Corp. | 261584 | 4797451 |
|  | Carriage Services, <br> Inc.<br>| 32437 | 1296183 |
| # | Carter's, Inc. | 41597 | 1374781 |
| \* | Carvana Co. | 62273 | 15216408 |
|  | Cato Corp., Class A | 18389 | 43398 |
| \* | Cava Group, Inc. | 17832 | 1648212 |
| \* | Cavco Industries, Inc. | 11659 | 5757797 |
|  | Century Communities, <br> Inc.<br>| 70527 | 3846543 |
| \* | Champion Homes, <br> Inc.<br>| 96528 | 8349672 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| # | Cheesecake Factory, <br> Inc.<br>| 106271 | $5352870 |
| \* | Chewy, Inc., Class A | 41298 | 1548675 |
| \* | Chipotle Mexican Grill, <br> Inc.<br>| 657500 | 33216900 |
| # | Choice Hotels <br> International, Inc.<br>| 60898 | 7679847 |
|  | Churchill Downs, Inc. | 71300 | 6446233 |
| \* | Citi Trends, Inc. | 16563 | 369852 |
|  | Clarus Corp. | 2357 | 7755 |
| # | Columbia Sportswear <br> Co.<br>| 111796 | 6950357 |
| \* | Cooper-Standard <br> Holdings, Inc.<br>| 2818 | 41340 |
| \* | Coupang, Inc. | 164738 | 3849927 |
|  | Cracker Barrel Old <br> Country Store, Inc.<br>| 7279 | 310813 |
| \* | Crocs, Inc. | 72500 | 6990450 |
| \* | Culp, Inc. | 1114 | 4233 |
|  | Dana, Inc. | 204614 | 2811396 |
|  | Darden Restaurants, <br> Inc.<br>| 145476 | 29188305 |
| #\* | Dave & Buster's <br> Entertainment, Inc.<br>| 32687 | 627264 |
| #\* | Deckers Outdoor <br> Corp.<br>| 111006 | 12302795 |
| \* | Denny's Corp. | 30109 | 111102 |
|  | Designer Brands, Inc., <br> Class A<br>| 28712 | 80106 |
| \* | Destination XL Group, <br> Inc.<br>| 61036 | 60401 |
|  | Dick's Sporting <br> Goods, Inc.<br>| 107809 | 20240062 |
| # | Dillard's, Inc., Class A | 22573 | 7825156 |
|  | Domino's Pizza, Inc. | 16396 | 8040107 |
| \* | DoorDash, Inc., <br> Class A<br>| 122416 | 23612822 |
| \* | Dorman Products, <br> Inc.<br>| 47276 | 5356371 |
|  | DR Horton, Inc. | 237364 | 29988568 |
| \* | DraftKings, Inc., <br> Class A<br>| 202091 | 6727609 |
| \* | Dream Finders <br> Homes, Inc., <br> Class A<br>| 9170 | 207792 |
| \* | Duolingo, Inc. | 10553 | 4110182 |
| \* | Dutch Bros, Inc., <br> Class A<br>| 47851 | 2858619 |
| # | eBay, Inc. | 524539 | 35752578 |
| \* | El Pollo Loco <br> Holdings, Inc.<br>| 46382 | 433672 |
|  | Escalade, Inc. | 24025 | 364700 |
|  | Ethan Allen Interiors, <br> Inc.<br>| 36477 | 1037041 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | Etsy, Inc. | 85661 | $3724540 |
|  | Expedia Group, Inc. | 77987 | 12238500 |
| \* | Figs, Inc., Class A | 6810 | 27444 |
| \* | First Watch <br> Restaurant Group, <br> Inc.<br>| 4892 | 86393 |
| \* | Five Below, Inc. | 84265 | 6394871 |
|  | Flanigan's <br> Enterprises, Inc.<br>| 1100 | 26950 |
|  | Flexsteel Industries, <br> Inc.<br>| 11820 | 394670 |
| \* | Floor & Decor <br> Holdings, Inc., <br> Class A<br>| 130262 | 9305917 |
| #\* | Foot Locker, Inc. | 112582 | 1381381 |
|  | Ford Motor Co. | 3184817 | 31880018 |
| \* | Fox Factory Holding <br> Corp.<br>| 58850 | 1195243 |
| \* | Frontdoor, Inc. | 84680 | 3481195 |
| \* | Full House Resorts, <br> Inc.<br>| 1684 | 5439 |
| \* | Funko, Inc., Class A | 20168 | 80874 |
| \* | GameStop Corp., <br> Class A<br>| 148630 | 4140832 |
|  | Gap, Inc. | 436511 | 9559591 |
|  | Garmin Ltd. | 151480 | 28307068 |
| # | Garrett Motion, Inc. | 114631 | 1056898 |
|  | General Motors Co. | 923389 | 41774118 |
| \* | Genesco, Inc. | 15955 | 309527 |
|  | Gentex Corp. | 383833 | 8359883 |
| \* | Gentherm, Inc. | 33703 | 876615 |
|  | Genuine Parts Co. | 150801 | 17726658 |
| \* | G-III Apparel Group <br> Ltd.<br>| 119162 | 3005266 |
| \* | Global Business <br> Travel Group I<br>| 7579 | 50855 |
| #\* | Goodyear Tire & <br> Rubber Co.<br>| 240879 | 2620764 |
|  | Graham Holdings Co., <br> Class B<br>| 7210 | 6633560 |
| \* | Grand Canyon <br> Education, Inc.<br>| 46735 | 8336122 |
| \* | Green Brick Partners, <br> Inc.<br>| 14320 | 844737 |
|  | Group 1 Automotive, <br> Inc.<br>| 25366 | 10238479 |
|  | Guess?, Inc. | 81181 | 913286 |
| # | H&R Block, Inc. | 203394 | 12278896 |
|  | Hamilton Beach <br> Brands Holding Co., <br> Class A<br>| 17181 | 340184 |
| \* | Hanesbrands, Inc. | 390447 | 1792152 |
| # | Harley-Davidson, Inc. | 37341 | 837185 |
|  | Hasbro, Inc. | 150227 | 9299051 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Haverty Furniture <br> Cos., Inc. (HVT <br> US)<br>| 21988 | $399302 |
|  | Haverty Furniture <br> Cos., Inc. (HVT/A <br> US), Class A<br>| 1608 | 29507 |
| \* | Helen of Troy Ltd. | 28328 | 789218 |
| #\* | Hilton Grand <br> Vacations, Inc.<br>| 94290 | 3170973 |
|  | Hilton Worldwide <br> Holdings, Inc.<br>| 165906 | 37408485 |
|  | Home Depot, Inc. | 578985 | 208718303 |
|  | Hooker Furnishings <br> Corp.<br>| 20438 | 196205 |
| \* | Hovnanian <br> Enterprises, Inc., <br> Class A<br>| 99 | 9583 |
| # | Hyatt Hotels Corp., <br> Class A<br>| 73948 | 8332461 |
| # | Installed Building <br> Products, Inc.<br>| 44277 | 7342455 |
|  | International Game <br> Technology PLC<br>| 41102 | 674073 |
|  | J Jill, Inc. | 10193 | 155137 |
| # | Jack in the Box, Inc. | 24083 | 627121 |
|  | JAKKS Pacific, Inc. | 597 | 11516 |
|  | Jerash Holdings U.S., <br> Inc.<br>| 289 | 855 |
|  | Johnson Outdoors, <br> Inc., Class A<br>| 10775 | 245993 |
|  | KB Home | 105351 | 5692115 |
| # | Kohl's Corp. | 1200 | 8040 |
|  | Kontoor Brands, Inc. | 70150 | 4219522 |
|  | Krispy Kreme, Inc. | 66175 | 271318 |
| \* | Kura Sushi USA, Inc., <br> Class A<br>| 2896 | 170516 |
|  | Lakeland Industries, <br> Inc.<br>| 22183 | 362248 |
| \* | Lands' End, Inc. | 33646 | 298776 |
| \* | Landsea Homes <br> Corp.<br>| 16604 | 101284 |
| # | Las Vegas Sands <br> Corp.<br>| 191870 | 7035873 |
| \* | Laureate Education, <br> Inc.<br>| 108963 | 2186887 |
| \*†† | Lazare Kaplan <br> International, Inc.<br>| 1600 | 0 |
| # | La-Z-Boy, Inc. | 80347 | 3173706 |
|  | LCI Industries | 36807 | 2837084 |
|  | Lear Corp. | 81316 | 6972847 |
| \* | Legacy Housing <br> Corp.<br>| 7534 | 183265 |
|  | Lennar Corp. (LEN <br> US), Class A<br>| 217117 | 23581077 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| # | Lennar Corp. (LENB <br> US), Class B<br>| 1444 | $149266 |
|  | Levi Strauss & Co., <br> Class A<br>| 69348 | 1110261 |
| \* | LGI Homes, Inc. | 48514 | 2649350 |
| \* | Life Time Group <br> Holdings, Inc.<br>| 123256 | 3779029 |
|  | Lifetime Brands, Inc. | 38957 | 141803 |
| \* | Light & Wonder, Inc. | 132363 | 11301153 |
| \* | Lincoln Educational <br> Services Corp.<br>| 44740 | 756106 |
| \* | Lindblad Expeditions <br> Holdings, Inc.<br>| 6019 | 53208 |
|  | Lithia Motors, Inc. | 42762 | 12519003 |
| \* | Live Ventures, Inc. | 91 | 1038 |
|  | LKQ Corp. | 280798 | 10729292 |
| \* | Lovesac Co. | 21012 | 408683 |
|  | Lowe's Cos., Inc. | 293944 | 65714121 |
| # | Lucky Strike <br> Entertainment <br> Corp.<br>| 13832 | 130021 |
| \* | Lululemon Athletica, <br> Inc.<br>| 64632 | 17500407 |
| \* | M/I Homes, Inc. | 799 | 85237 |
| # | Macy's, Inc. | 386055 | 4408748 |
| \* | Malibu Boats, Inc., <br> Class A<br>| 36841 | 1052179 |
|  | Marine Products <br> Corp.<br>| 25388 | 213259 |
| \* | MarineMax, Inc. | 27126 | 582124 |
|  | Marriott International, <br> Inc., Class A<br>| 162246 | 38708651 |
|  | Marriott Vacations <br> Worldwide Corp.<br>| 43771 | 2399089 |
| \* | MasterCraft Boat <br> Holdings, Inc.<br>| 23564 | 387392 |
| \* | Mattel, Inc. | 258507 | 4107676 |
|  | McDonald's Corp. | 392232 | 125376959 |
|  | Meritage Homes <br> Corp.<br>| 84408 | 5751561 |
| #\* | MGM Resorts <br> International<br>| 252492 | 7943398 |
| \* | Mister Car Wash, Inc. | 17362 | 119103 |
| \* | Mobileye Global, Inc., <br> Class A<br>| 20224 | 294866 |
| #\* | Modine Manufacturing <br> Co.<br>| 83598 | 6824941 |
| \* | Mohawk Industries, <br> Inc.<br>| 56898 | 6051102 |
|  | Monarch Casino & <br> Resort, Inc.<br>| 6425 | 502371 |
|  | Monro, Inc. | 37826 | 527294 |
| \* | Motorcar Parts of <br> America, Inc.<br>| 38506 | 343088 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Movado Group, Inc. | 20373 | $282981 |
|  | Murphy USA, Inc. | 32620 | 16263353 |
|  | Nathan's Famous, <br> Inc.<br>| 7088 | 692852 |
|  | Newell Brands, Inc. | 20699 | 98941 |
|  | NIKE, Inc., Class B | 653823 | 36875617 |
| » | Nobility Homes, Inc. | 1105 | 32073 |
| \* | Norwegian Cruise <br> Line Holdings Ltd.<br>| 269588 | 4321496 |
| \* | NVR, Inc. | 3739 | 26643179 |
| \* | ODP Corp. | 37854 | 517843 |
| #\* | Ollie's Bargain Outlet <br> Holdings, Inc.<br>| 106876 | 11340612 |
|  | OneSpaWorld <br> Holdings Ltd.<br>| 104196 | 1740073 |
| \* | OneWater Marine, <br> Inc., Class A<br>| 11262 | 169043 |
| \* | O'Reilly Automotive, <br> Inc.<br>| 27322 | 38666094 |
| # | Oxford Industries, Inc. | 20272 | 985219 |
| # | Papa John's <br> International, Inc.<br>| 29672 | 1024574 |
| # | Patrick Industries, <br> Inc.<br>| 65053 | 5007780 |
| \* | Penn Entertainment, <br> Inc.<br>| 113225 | 1723284 |
|  | Penske Automotive <br> Group, Inc.<br>| 113477 | 17664965 |
|  | Perdoceo Education <br> Corp.<br>| 150714 | 3785936 |
| \* | Petco Health & <br> Wellness Co., Inc.<br>| 35253 | 103996 |
|  | Phinia, Inc. | 82276 | 3303381 |
| \* | Planet Fitness, Inc., <br> Class A<br>| 121589 | 11501104 |
| \* | PlayAGS, Inc. | 2831 | 34312 |
| # | Polaris, Inc. | 78370 | 2661445 |
| # | Pool Corp. | 30526 | 8948392 |
| #\* | Portillo's, Inc., <br> Class A<br>| 6778 | 70085 |
| \* | Potbelly Corp. | 1811 | 14669 |
|  | PulteGroup, Inc. | 294365 | 30195962 |
| # | PVH Corp. | 64998 | 4483562 |
| #\* | QuantumScape Corp. | 422554 | 1652186 |
|  | Ralph Lauren Corp. | 51193 | 11515865 |
|  | RCI Hospitality <br> Holdings, Inc.<br>| 8400 | 333312 |
|  | Red Rock Resorts, <br> Inc., Class A<br>| 70239 | 2999205 |
| #\* | Revolve Group, Inc. | 30000 | 596400 |
| #\* | RH | 21751 | 4002837 |
| #\* | Rivian Automotive, <br> Inc., Class A<br>| 9200 | 125672 |
|  | Rocky Brands, Inc. | 12303 | 263161 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Ross Stores, Inc. | 287335 | $39939565 |
| # | Royal Caribbean <br> Cruises Ltd.<br>| 149970 | 32230053 |
| \* | Sabre Corp. | 84391 | 200007 |
| #\* | Sally Beauty Holdings, <br> Inc.<br>| 146195 | 1190027 |
|  | Service Corp. <br> International<br>| 233460 | 18653454 |
| \* | Shake Shack, Inc., <br> Class A<br>| 21616 | 1896588 |
| \* | SharkNinja, Inc. | 57927 | 4663123 |
|  | Shoe Carnival, Inc. | 60434 | 1050343 |
| # | Signet Jewelers Ltd. | 98427 | 5836721 |
| \* | Skechers USA, Inc., <br> Class A<br>| 173330 | 8323307 |
| \* | Sleep Number Corp. | 16674 | 129890 |
|  | Smith & Wesson <br> Brands, Inc.<br>| 87799 | 836724 |
| \* | Soho House & Co., <br> Inc.<br>| 3511 | 21101 |
| # | Somnigroup <br> International, Inc.<br>| 197627 | 12067105 |
|  | Sonic Automotive, <br> Inc., Class A<br>| 78578 | 4771256 |
| \* | Sonos, Inc. | 46619 | 429361 |
| \* | Sportsman's <br> Warehouse <br> Holdings, Inc.<br>| 14013 | 23402 |
|  | Standard Motor <br> Products, Inc.<br>| 36665 | 993622 |
|  | Starbucks Corp. | 594581 | 47596209 |
|  | Steven Madden Ltd. | 96477 | 2026017 |
| \* | Stitch Fix, Inc., <br> Class A<br>| 157938 | 516457 |
| \* | Stoneridge, Inc. | 46502 | 179498 |
|  | Strategic Education, <br> Inc.<br>| 39673 | 3236523 |
| \* | Strattec Security <br> Corp.<br>| 4696 | 156471 |
| #\* | Stride, Inc. | 91908 | 13073913 |
|  | Superior Group of <br> Cos., Inc.<br>| 35200 | 365376 |
| #\* | Sweetgreen, Inc., <br> Class A<br>| 145042 | 2825418 |
|  | Tandy Leather <br> Factory, Inc.<br>| 1227 | 3411 |
| # | Tapestry, Inc. | 334434 | 23627762 |
| \* | Taylor Morrison Home <br> Corp.<br>| 276183 | 15839095 |
| \* | Tesla, Inc. | 643531 | 181578707 |
|  | Texas Roadhouse, <br> Inc.<br>| 96575 | 16027587 |
| # | Thor Industries, Inc. | 77659 | 5624065 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | Tile Shop Holdings, <br> Inc.<br>| 72023 | $408370 |
| #\* | Tilly's, Inc., Class A | 16515 | 25268 |
|  | TJX Cos., Inc. | 693025 | 89178457 |
|  | Toll Brothers, Inc. | 208623 | 21043802 |
| #\* | TopBuild Corp. | 44281 | 13096549 |
| #\* | Topgolf Callaway <br> Brands Corp.<br>| 84900 | 561189 |
| # | Tractor Supply Co. | 462636 | 23418634 |
|  | Travel & Leisure Co. | 108210 | 4753665 |
| \* | Tri Pointe Homes, <br> Inc.<br>| 196905 | 6054829 |
| \* | Ulta Beauty, Inc. | 48202 | 19070639 |
| \* | Under Armour, Inc. <br> (UA US), Class C<br>| 274592 | 1493780 |
| #\* | Under Armour, Inc. <br> (UAA US), Class A<br>| 188999 | 1081074 |
| \* | Unifi, Inc. | 9032 | 45973 |
| #\* | United Parks & <br> Resorts, Inc.<br>| 97387 | 4250943 |
| \* | Universal Electronics, <br> Inc.<br>| 1355 | 6572 |
| \* | Universal Technical <br> Institute, Inc.<br>| 85046 | 2386391 |
|  | Upbound Group, Inc. | 82954 | 1650785 |
| \* | Urban Outfitters, Inc. | 219639 | 11592546 |
| # | Vail Resorts, Inc. | 36055 | 5018856 |
| \* | Valvoline, Inc. | 153819 | 5269839 |
| \* | Vera Bradley, Inc. | 56580 | 110331 |
| # | VF Corp. | 62302 | 740148 |
| \* | Victoria's Secret & <br> Co.<br>| 72493 | 1362868 |
| \* | Visteon Corp. | 45101 | 3571548 |
| #\* | Warby Parker, Inc., <br> Class A<br>| 125724 | 2075703 |
| # | Wendy's Co. | 363034 | 4537925 |
|  | Weyco Group, Inc. | 14178 | 423922 |
| # | Whirlpool Corp. | 51336 | 3915910 |
|  | Williams-Sonoma, <br> Inc.<br>| 107468 | 16600582 |
| # | Wingstop, Inc. | 29463 | 7774991 |
|  | Winmark Corp. | 3617 | 1302156 |
|  | Winnebago Industries, <br> Inc.<br>| 50794 | 1616265 |
|  | Wolverine World <br> Wide, Inc.<br>| 7927 | 103447 |
|  | Wyndham Hotels & <br> Resorts, Inc.<br>| 101410 | 8650273 |
|  | Wynn Resorts Ltd. | 39919 | 3205895 |
| \*Ω | XPEL, Inc. | 5028 | 144002 |
| \* | YETI Holdings, Inc. | 41265 | 1178116 |
|  | Yum! Brands, Inc. | 172941 | 26017244 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | Zumiez, Inc. | 29278 | $342553 |
| TOTAL CONSUMER <br> DISCRETIONARY | TOTAL CONSUMER <br> DISCRETIONARY |  | 3343121716 |
| CONSUMER STAPLES — (6.2%) | CONSUMER STAPLES — (6.2%) | CONSUMER STAPLES — (6.2%) | CONSUMER STAPLES — (6.2%) |
|  | Albertsons Cos., Inc., <br> Class A<br>| 324525 | 7133060 |
|  | Alico, Inc. | 16449 | 469454 |
|  | Altria Group, Inc. | 782547 | 46287655 |
|  | Andersons, Inc. | 69341 | 2614849 |
|  | Archer-Daniels-Midland <br> Co.<br>| 827 | 39489 |
|  | B&G Foods, Inc. | 33715 | 232296 |
| \* | BellRing Brands, Inc. | 175325 | 13524571 |
| \* | BJ's Wholesale Club <br> Holdings, Inc.<br>| 191460 | 22508038 |
| \* | Boston Beer Co., Inc. <br> , Class A<br>| 12086 | 2970739 |
| \* | Bridgford Foods <br> Corp.<br>| 5919 | 48121 |
| # | Brown-Forman Corp. <br> (BF/A US), Class A<br>| 47745 | 1652454 |
| # | Brown-Forman Corp. <br> (BFB US), Class B<br>| 225181 | 7845306 |
|  | Bunge Global SA | 176791 | 13916988 |
|  | Calavo Growers, Inc. | 24404 | 674038 |
| # | Cal-Maine Foods, Inc. | 70022 | 6537954 |
| # | Campbell's Co. | 259445 | 9459365 |
| # | Casey's General <br> Stores, Inc.<br>| 57427 | 26565156 |
| #\* | Celsius Holdings, Inc. | 71426 | 2497053 |
| #\* | Central Garden & Pet <br> Co. (CENT US)<br>| 17123 | 574648 |
| \* | Central Garden & Pet <br> Co. (CENTA US), <br> Class A<br>| 107569 | 3180815 |
| #\* | Chefs' Warehouse, <br> Inc.<br>| 51044 | 2907977 |
|  | Church & Dwight Co., <br> Inc.<br>| 166995 | 16589283 |
|  | Clorox Co. | 106669 | 15178999 |
|  | Coca-Cola Co. | 2283694 | 165682000 |
|  | Coca-Cola <br> Consolidated, Inc.<br>| 11891 | 16121937 |
|  | Colgate-Palmolive <br> Co.<br>| 461059 | 42505029 |
|  | Conagra Brands, Inc. | 309482 | 7647300 |
|  | Constellation Brands, <br> Inc., Class A<br>| 118130 | 22154100 |
|  | Costco Wholesale <br> Corp.<br>| 244634 | 243288513 |
| \* | Coty, Inc., Class A | 514068 | 2596043 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
| \* | Darling Ingredients, <br> Inc.<br>| 276415 | $8897799 |
|  | Dole PLC | 30743 | 466986 |
|  | Dollar General Corp. | 166750 | 15622808 |
| #\* | Dollar Tree, Inc. | 231361 | 18918389 |
| # | Edgewell Personal <br> Care Co.<br>| 53866 | 1645606 |
| #\* | elf Beauty, Inc. | 5700 | 352659 |
|  | Energizer Holdings, <br> Inc.<br>| 37389 | 1010999 |
|  | Estee Lauder Cos., <br> Inc., Class A<br>| 123536 | 7407219 |
| \* | FitLife Brands, Inc. | 610 | 9211 |
|  | Flowers Foods, Inc. | 293820 | 5168294 |
|  | Fresh Del Monte <br> Produce, Inc.<br>| 98917 | 3364167 |
| \*» | Fresh Market, Inc. | 23061 | 0 |
| #\* | Freshpet, Inc. | 42688 | 3139276 |
|  | General Mills, Inc. | 389782 | 22116231 |
| \* | Grocery Outlet <br> Holding Corp.<br>| 93100 | 1563149 |
| \* | Herbalife Ltd. | 15799 | 113753 |
| # | Hershey Co. | 110231 | 18429521 |
| \* | HF Foods Group, Inc. | 18176 | 68160 |
| \* | Honest Co., Inc. | 50169 | 240310 |
|  | Hormel Foods Corp. | 190577 | 5698252 |
|  | Ingles Markets, Inc., <br> Class A<br>| 37572 | 2317817 |
|  | Ingredion, Inc. | 113515 | 15077062 |
| # | Interparfums, Inc. | 46967 | 5128796 |
|  | J&J Snack Foods <br> Corp.<br>| 25025 | 3242990 |
|  | J.M. Smucker Co. | 75725 | 8804546 |
|  | John B Sanfilippo & <br> Son, Inc.<br>| 14620 | 968867 |
|  | Kenvue, Inc. | 1858904 | 43870134 |
|  | Keurig Dr. Pepper, <br> Inc.<br>| 612099 | 21172504 |
|  | Kimberly-Clark Corp. | 198892 | 26209988 |
|  | Kraft Heinz Co. | 449163 | 13070643 |
|  | Kroger Co. | 1272898 | 91915965 |
|  | Lamb Weston <br> Holdings, Inc.<br>| 109413 | 5778101 |
|  | Lancaster Colony <br> Corp.<br>| 41557 | 6764648 |
|  | Lifevantage Corp. | 11327 | 140115 |
| \* | Lifeway Foods, Inc. | 13678 | 323895 |
|  | Limoneira Co. | 26813 | 402999 |
| \* | Mama's Creations, <br> Inc.<br>| 5508 | 36353 |
| \* | Mannatech, Inc. | 500 | 5160 |
| \* | Maplebear, Inc. | 98241 | 3918833 |
|  | McCormick & Co., Inc. <br> (MKC US)<br>| 176036 | 13494920 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
|  | McCormick & Co., Inc. <br> (MKC/V US)<br>| 8596 | $659227 |
| \* | Medifast, Inc. | 17621 | 231540 |
| # | MGP Ingredients, Inc. | 30287 | 892558 |
| \* | Mission Produce, Inc. | 38275 | 400931 |
| # | Molson Coors <br> Beverage Co., <br> Class B<br>| 145009 | 8342368 |
|  | Mondelez <br> International, Inc., <br> Class A<br>| 577565 | 39349503 |
| \* | Monster Beverage <br> Corp.<br>| 300184 | 18047062 |
| # | National Beverage <br> Corp.<br>| 84979 | 3773068 |
| \* | Natural Alternatives <br> International, Inc.<br>| 9699 | 29097 |
|  | Natural Grocers by <br> Vitamin Cottage, <br> Inc.<br>| 50818 | 2549031 |
|  | Natural Health Trends <br> Corp.<br>| 4427 | 21958 |
| \* | Nature's Sunshine <br> Products, Inc.<br>| 37029 | 456197 |
|  | Nu Skin Enterprises, <br> Inc., Class A<br>| 4801 | 30390 |
|  | Oil-Dri Corp. of <br> America<br>| 21238 | 893907 |
|  | PepsiCo, Inc. | 977554 | 132536771 |
| \* | Performance Food <br> Group Co.<br>| 268889 | 21688587 |
|  | Philip Morris <br> International, Inc.<br>| 635337 | 108871348 |
| # | Pilgrim's Pride Corp. | 194549 | 10618484 |
| \* | Post Holdings, Inc. | 125799 | 14236673 |
|  | PriceSmart, Inc. | 39070 | 3965214 |
|  | Primo Brands Corp. | 182100 | 5949207 |
|  | Procter & Gamble <br> Co.<br>| 1494389 | 242942820 |
|  | Reynolds Consumer <br> Products, Inc.<br>| 72376 | 1664648 |
|  | Seaboard Corp. | 828 | 2141191 |
| \* | Seneca Foods Corp. <br> (SENEA US), <br> Class A<br>| 18887 | 1693975 |
| \*» | Seneca Foods Corp. <br> (SENEB US), <br> Class B<br>| 1662 | 149597 |
| \* | Simply Good Foods <br> Co.<br>| 139441 | 5035215 |
|  | SpartanNash Co. | 42349 | 840204 |
|  | Spectrum Brands <br> Holdings, Inc.<br>| 59119 | 3730409 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
| \* | Sprouts Farmers <br> Market, Inc.<br>| 171785 | $29375235 |
|  | Sysco Corp. | 342238 | 24435793 |
|  | Target Corp. | 317101 | 30663667 |
|  | Tootsie Roll Industries, <br> Inc.<br>| 45617 | 1459744 |
| \* | TreeHouse Foods, <br> Inc.<br>| 59099 | 1376416 |
|  | Turning Point Brands, <br> Inc.<br>| 24666 | 1513999 |
|  | Tyson Foods, Inc., <br> Class A<br>| 211919 | 12977920 |
| \* | U.S. Foods Holding <br> Corp.<br>| 409497 | 26887573 |
| \* | United Natural Foods, <br> Inc.<br>| 129013 | 3445937 |
|  | United-Guardian, Inc. | 1741 | 13771 |
|  | Universal Corp. | 48554 | 2829242 |
| \* | USANA Health <br> Sciences, Inc.<br>| 18998 | 533654 |
|  | Utz Brands, Inc. | 45505 | 604761 |
|  | Village Super Market, <br> Inc., Class A<br>| 19632 | 723439 |
| #\* | Vita Coco Co., Inc. | 28975 | 957624 |
| #\* | Vital Farms, Inc. | 40187 | 1376003 |
|  | Walmart, Inc. | 2593329 | 252201245 |
|  | WD-40 Co. | 17214 | 3930989 |
| # | Weis Markets, Inc. | 55071 | 4735555 |
| \* | Willamette Valley <br> Vineyards, Inc.<br>| 1332 | 8085 |
| # | WK Kellogg Co. | 56060 | 1005156 |
| TOTAL CONSUMER <br> STAPLES | TOTAL CONSUMER <br> STAPLES |  | 2113077343 |
| ENERGY — (4.5%) | ENERGY — (4.5%) | ENERGY — (4.5%) | ENERGY — (4.5%) |
| \* | Amplify Energy Corp. | 65372 | 169967 |
|  | Antero Midstream <br> Corp.<br>| 588304 | 9736431 |
| \* | Antero Resources <br> Corp.<br>| 340017 | 11842792 |
| # | APA Corp. | 239744 | 3725622 |
|  | Archrock, Inc. | 473845 | 11149573 |
|  | Ardmore Shipping <br> Corp.<br>| 81498 | 777491 |
|  | Aris Water Solutions, <br> Inc., Class A<br>| 46074 | 1150007 |
| # | Atlas Energy <br> Solutions, Inc.<br>| 10865 | 147003 |
|  | Baker Hughes Co. | 588091 | 20818421 |
|  | Berry Corp. | 122200 | 303056 |
| \* | Bristow Group, Inc. | 36852 | 1070182 |
|  | Cactus, Inc., Class A | 69833 | 2649464 |
|  | California Resources <br> Corp.<br>| 38430 | 1326219 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
| #\* | Centrus Energy Corp., <br> Class A<br>| 12401 | $859265 |
|  | ChampionX Corp. | 120777 | 2914349 |
|  | Cheniere Energy, Inc. | 149180 | 34476990 |
|  | Chevron Corp. | 1195783 | 162698235 |
| \* | Clean Energy Fuels <br> Corp.<br>| 257441 | 373289 |
| #\* | CNX Resources <br> Corp.<br>| 318040 | 9359917 |
| #\* | Comstock Resources, <br> Inc.<br>| 115297 | 2106476 |
|  | ConocoPhillips | 1260170 | 112306350 |
| # | Core Laboratories, <br> Inc.<br>| 37799 | 429775 |
|  | Core Natural <br> Resources, Inc.<br>| 123105 | 8889412 |
|  | Coterra Energy, Inc. | 1087859 | 26717817 |
|  | Crescent Energy Co., <br> Class A<br>| 114878 | 951190 |
|  | CVR Energy, Inc. | 21336 | 402397 |
| # | Delek U.S. Holdings, <br> Inc.<br>| 63263 | 823684 |
|  | Devon Energy Corp. | 793981 | 24144962 |
|  | DHT Holdings, Inc. | 372797 | 3985200 |
|  | Diamondback Energy, <br> Inc.<br>| 164391 | 21701256 |
| \* | DMC Global, Inc. | 31758 | 206109 |
|  | Dorian LPG Ltd. | 75882 | 1625392 |
| \* | DT Midstream, Inc. | 133219 | 12948887 |
| \* | Encore Energy Corp. | 3139 | 4740 |
|  | Energy Services of <br> America Corp.<br>| 14777 | 126343 |
|  | EOG Resources, Inc. | 500872 | 55261208 |
|  | Epsilon Energy Ltd. | 60463 | 425055 |
|  | EQT Corp. | 476829 | 23574426 |
|  | Evolution Petroleum <br> Corp.<br>| 62663 | 262558 |
|  | Excelerate Energy, <br> Inc., Class A<br>| 5789 | 148083 |
|  | Expand Energy Corp. | 238429 | 24772773 |
| \* | Expro Group Holdings <br> NV<br>| 65808 | 544232 |
|  | Exxon Mobil Corp. | 3572192 | 377330641 |
| \* | Forum Energy <br> Technologies, Inc.<br>| 14479 | 212117 |
|  | FutureFuel Corp. | 4197 | 17250 |
| \* | Geospace <br> Technologies Corp.<br>| 10582 | 68148 |
|  | Granite Ridge <br> Resources, Inc.<br>| 3091 | 14868 |
| #\* | Green Plains, Inc. | 65930 | 236029 |
| \* | Gulf Island <br> Fabrication, Inc.<br>| 3751 | 26820 |
| \* | Gulfport Energy Corp. | 16031 | 2765348 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
| \* | Hallador Energy Co. | 8905 | $125249 |
|  | Halliburton Co. | 760628 | 15075647 |
| \* | Helix Energy Solutions <br> Group, Inc.<br>| 264929 | 1613418 |
| # | Helmerich & Payne, <br> Inc.<br>| 113188 | 2138121 |
|  | Hess Corp. | 230914 | 29799452 |
|  | HF Sinclair Corp. | 236974 | 7125808 |
| \* | Innovex International, <br> Inc.<br>| 8299 | 125315 |
| # | International Seaways, <br> Inc.<br>| 60729 | 2062357 |
|  | Kinder Morgan, Inc. | 1165002 | 30639553 |
|  | Kinetik Holdings, Inc. | 36392 | 1504445 |
|  | Kodiak Gas Services, <br> Inc.<br>| 29241 | 994486 |
| \* | Kosmos Energy Ltd. | 156646 | 241235 |
|  | Liberty Energy, Inc. | 239924 | 2759126 |
| # | Magnolia Oil & Gas <br> Corp., Class A<br>| 295429 | 6065157 |
| \* | Mammoth Energy <br> Services, Inc.<br>| 27003 | 68318 |
|  | Marathon Petroleum <br> Corp.<br>| 369044 | 50710336 |
|  | Matador Resources <br> Co.<br>| 231829 | 9166519 |
|  | Mexco Energy Corp. | 4333 | 28165 |
| # | Murphy Oil Corp. | 180625 | 3708231 |
| \* | Nabors Industries Ltd. | 12059 | 323664 |
|  | NACCO Industries, <br> Inc., Class A<br>| 10033 | 350152 |
| \* | Natural Gas Services <br> Group, Inc.<br>| 32924 | 591644 |
| # | New Fortress Energy, <br> Inc.<br>| 14050 | 76292 |
| # | Noble Corp. PLC | 116721 | 2537515 |
|  | Nordic American <br> Tankers Ltd.<br>| 291261 | 745628 |
| # | Northern Oil & Gas, <br> Inc.<br>| 135747 | 3298652 |
|  | NOV, Inc. | 192673 | 2236934 |
| \* | NPK International, <br> Inc.<br>| 168790 | 975606 |
| # | Occidental Petroleum <br> Corp.<br>| 698169 | 27514840 |
| \* | Oceaneering <br> International, Inc.<br>| 124187 | 2204319 |
| \* | Oil States <br> International, Inc.<br>| 98200 | 344682 |
|  | ONEOK, Inc. | 565984 | 46501245 |
|  | Ovintiv, Inc. | 260358 | 8742822 |
| \* | Par Pacific Holdings, <br> Inc.<br>| 67109 | 961001 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
|  | PBF Energy, Inc., <br> Class A<br>| 140891 | $2420507 |
| # | Peabody Energy <br> Corp.<br>| 100129 | 1235592 |
|  | Permian Resources <br> Corp.<br>| 529150 | 6243970 |
|  | Phillips 66 | 302239 | 31450990 |
|  | PHX Minerals, Inc. | 57379 | 219762 |
| \* | PrimeEnergy <br> Resources Corp.<br>| 843 | 143200 |
| \* | ProPetro Holding <br> Corp.<br>| 131607 | 655403 |
|  | Range Resources <br> Corp.<br>| 375896 | 12754151 |
|  | Ranger Energy <br> Services, Inc., <br> Class A<br>| 29454 | 326645 |
| \* | REX American <br> Resources Corp.<br>| 33124 | 1315685 |
|  | Riley Exploration <br> Permian, Inc.<br>| 1793 | 44251 |
|  | RPC, Inc. | 46911 | 221889 |
|  | SandRidge Energy, <br> Inc.<br>| 36068 | 328579 |
| # | Schlumberger NV | 731558 | 24324304 |
| # | Scorpio Tankers, Inc. | 82740 | 3118471 |
| \* | SEACOR Marine <br> Holdings, Inc.<br>| 41604 | 203028 |
| #\* | Seadrill Ltd. | 47560 | 976882 |
|  | Select Water <br> Solutions, Inc.<br>| 183690 | 1565039 |
| # | SFL Corp. Ltd. | 221627 | 1821774 |
|  | Sitio Royalties Corp., <br> Class A<br>| 35514 | 602317 |
|  | SM Energy Co. | 160470 | 3657111 |
|  | Solaris Energy <br> Infrastructure, Inc.<br>| 42219 | 892510 |
| \* | Stabilis Solutions, Inc. | 2642 | 15376 |
| \* | Talos Energy, Inc. | 131703 | 906117 |
|  | Targa Resources <br> Corp.<br>| 242766 | 41488709 |
|  | TechnipFMC PLC | 539026 | 15184362 |
|  | Teekay Corp. Ltd. | 151317 | 1090996 |
|  | Teekay Tankers Ltd., <br> Class A<br>| 68646 | 2922260 |
| \* | TETRA Technologies, <br> Inc.<br>| 91487 | 260738 |
| # | Texas Pacific Land <br> Corp.<br>| 3783 | 4875795 |
| #\* | Tidewater, Inc. | 74980 | 2713526 |
| #\* | Transocean Ltd. | 413038 | 879771 |
| #\* | Uranium Energy <br> Corp.<br>| 247851 | 1301218 |
|  | VAALCO Energy, Inc. | 40414 | 132154 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
| #\* | Valaris Ltd. | 77369 | $2499792 |
|  | Valero Energy Corp. | 305828 | 35503573 |
| \* | Vital Energy, Inc. | 3742 | 53062 |
| # | Vitesse Energy, Inc. | 61130 | 1250109 |
|  | Weatherford <br> International PLC<br>| 78876 | 3265466 |
|  | Williams Cos., Inc. | 1023874 | 59968300 |
|  | World Kinect Corp. | 124028 | 3111863 |
| TOTAL ENERGY | TOTAL ENERGY |  | 1511879000 |
| FINANCIALS — (16.5%) | FINANCIALS — (16.5%) | FINANCIALS — (16.5%) | FINANCIALS — (16.5%) |
|  | 1st Source Corp. | 52420 | 3142579 |
| \* | Acacia Research <br> Corp.<br>| 114844 | 354868 |
|  | Acadian Asset <br> Management, Inc.<br>| 65502 | 1764624 |
|  | ACNB Corp. | 14313 | 599858 |
|  | Affiliated Managers <br> Group, Inc.<br>| 35352 | 5855352 |
|  | Affinity Bancshares, <br> Inc.<br>| 8297 | 152333 |
| \* | Affirm Holdings, Inc. | 81200 | 4040512 |
|  | Aflac, Inc. | 378948 | 41184069 |
|  | Alerus Financial <br> Corp.<br>| 10949 | 217666 |
|  | Allstate Corp. | 231975 | 46021520 |
| # | Ally Financial, Inc. | 528777 | 17269857 |
|  | Amalgamated <br> Financial Corp.<br>| 38328 | 1079316 |
| \* | Ambac Financial <br> Group, Inc.<br>| 51615 | 411888 |
|  | Amerant Bancorp, <br> Inc.<br>| 37732 | 635407 |
|  | American Coastal <br> Insurance Corp.<br>| 11492 | 131354 |
|  | American Express <br> Co.<br>| 390463 | 104023248 |
|  | American Financial <br> Group, Inc.<br>| 120375 | 15246697 |
|  | American International <br> Group, Inc.<br>| 626222 | 51049617 |
|  | Ameriprise Financial, <br> Inc.<br>| 106786 | 50298342 |
|  | Ameris Bancorp | 138321 | 8105611 |
|  | AMERISAFE, Inc. | 32642 | 1517527 |
|  | AmeriServ Financial, <br> Inc.<br>| 8436 | 20331 |
|  | Ames National Corp. | 1136 | 19721 |
|  | Aon PLC, Class A | 113269 | 40186709 |
|  | Apollo Global <br> Management, Inc.<br>| 156296 | 21331278 |
|  | Arch Capital Group <br> Ltd.<br>| 364197 | 33025384 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| # | ARES Management <br> Corp., Class A<br>| 54844 | $8365355 |
|  | Arrow Financial Corp. | 17452 | 428098 |
|  | Arthur J Gallagher & <br> Co.<br>| 99149 | 31796093 |
| # | Artisan Partners Asset <br> Management, Inc., <br> Class A<br>| 73610 | 2722098 |
|  | Associated <br> Banc-Corp.<br>| 272106 | 6002658 |
|  | Associated Capital <br> Group, Inc., <br> Class A<br>| 4191 | 151379 |
|  | Assurant, Inc. | 86759 | 16721930 |
|  | Assured Guaranty <br> Ltd.<br>| 126709 | 11116181 |
|  | Atlantic American <br> Corp.<br>| 2737 | 4106 |
|  | Atlantic Union <br> Bankshares Corp.<br>| 170152 | 4713210 |
| \* | Atlanticus Holdings <br> Corp.<br>| 19985 | 1095578 |
|  | Auburn National <br> BanCorp, Inc.<br>| 2633 | 51817 |
| \* | AvidXchange <br> Holdings, Inc.<br>| 182342 | 1482440 |
|  | Axis Capital Holdings <br> Ltd.<br>| 141267 | 13606837 |
| \* | Axos Financial, Inc. | 110422 | 7009589 |
| #\* | Baldwin Insurance <br> Group, Inc.<br>| 44998 | 1872817 |
|  | BancFirst Corp. | 61993 | 7304015 |
| #\* | Bancorp, Inc. | 129404 | 6251507 |
|  | Bank of America <br> Corp.<br>| 3912477 | 156029583 |
| # | Bank of Hawaii Corp. | 41337 | 2732789 |
|  | Bank of Marin <br> Bancorp<br>| 9928 | 203723 |
|  | Bank of New York <br> Mellon Corp.<br>| 467865 | 37621025 |
|  | Bank of NT Butterfield <br> & Son Ltd.<br>| 51909 | 2085704 |
|  | Bank of the James <br> Financial Group, <br> Inc.<br>| 3363 | 45468 |
|  | Bank OZK | 165816 | 7063762 |
|  | Bank7 Corp. | 2632 | 95805 |
|  | BankFinancial Corp. | 22978 | 282400 |
|  | BankUnited, Inc. | 85379 | 2792747 |
|  | Bankwell Financial <br> Group, Inc.<br>| 9630 | 326553 |
|  | Banner Corp. | 72224 | 4415775 |
|  | Bar Harbor <br> Bankshares<br>| 27269 | 808253 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | BayCom Corp. | 20776 | $540384 |
|  | BCB Bancorp, Inc. | 29291 | 240772 |
| \* | Berkshire Hathaway, <br> Inc., Class B<br>| 914576 | 487697652 |
|  | Berkshire Hills <br> Bancorp, Inc.<br>| 88997 | 2209796 |
|  | BGC Group, Inc., <br> Class A<br>| 440515 | 3991066 |
|  | Blackrock, Inc. | 61690 | 56400699 |
|  | Blackstone, Inc. | 209625 | 27609709 |
| \* | Block, Inc. | 196700 | 11501049 |
| \* | Blue Foundry <br> Bancorp<br>| 29554 | 276034 |
|  | BOK Financial Corp. | 81414 | 7585342 |
| # | Bread Financial <br> Holdings, Inc.<br>| 82737 | 3925871 |
|  | Bridge Investment <br> Group Holdings, <br> Inc., Class A<br>| 21757 | 208650 |
| \* | Bridgewater <br> Bancshares, Inc.<br>| 22825 | 351277 |
| \* | Brighthouse Financial, <br> Inc.<br>| 42243 | 2459387 |
|  | Brookline Bancorp, <br> Inc.<br>| 167366 | 1747301 |
|  | Brown & Brown, Inc. | 249639 | 27610073 |
|  | Burke & Herbert <br> Financial Services <br> Corp.<br>| 10553 | 590018 |
|  | Business First <br> Bancshares, Inc.<br>| 11738 | 270561 |
| \* | BV Financial, Inc. | 4641 | 71239 |
|  | Byline Bancorp, Inc. | 34323 | 876609 |
|  | C&F Financial Corp. | 3812 | 246903 |
| # | Cadence Bank | 226319 | 6622094 |
| \* | California BanCorp | 2613 | 36504 |
|  | Camden National <br> Corp.<br>| 19005 | 732073 |
| \* | Cantaloupe, Inc. | 11909 | 95272 |
|  | Capital Bancorp, Inc. | 6836 | 215949 |
|  | Capital City Bank <br> Group, Inc.<br>| 34347 | 1255039 |
|  | Capital One Financial <br> Corp.<br>| 272221 | 49070557 |
|  | Capitol Federal <br> Financial, Inc.<br>| 291665 | 1653741 |
| # | Carlyle Group, Inc. | 239056 | 9237124 |
| \* | Carter Bankshares, <br> Inc.<br>| 27375 | 419111 |
|  | Cass Information <br> Systems, Inc.<br>| 17979 | 732464 |
|  | Cathay General <br> Bancorp<br>| 129800 | 5411362 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | CB Financial Services, <br> Inc.<br>| 1493 | $42819 |
|  | Cboe Global Markets, <br> Inc.<br>| 91390 | 20270302 |
| \* | CCUR Holdings, Inc. | 1 | 2085 |
|  | Central Pacific <br> Financial Corp.<br>| 56790 | 1458935 |
|  | CF Bankshares, Inc. | 3744 | 86037 |
|  | Charles Schwab <br> Corp.<br>| 573157 | 46654980 |
|  | Chemung Financial <br> Corp.<br>| 6655 | 295083 |
|  | ChoiceOne Financial <br> Services, Inc.<br>| 1826 | 51913 |
|  | Chubb Ltd. | 227406 | 65056308 |
|  | Cincinnati Financial <br> Corp.<br>| 131496 | 18305558 |
|  | Citigroup, Inc. | 692112 | 47326619 |
|  | Citizens & Northern <br> Corp.<br>| 29752 | 572726 |
|  | Citizens Community <br> Bancorp, Inc.<br>| 18370 | 272243 |
|  | Citizens Financial <br> Group, Inc.<br>| 364457 | 13444819 |
| #\* | Citizens, Inc. | 12883 | 51918 |
| # | City Holding Co. | 31756 | 3679568 |
|  | Civista Bancshares, <br> Inc.<br>| 32428 | 729954 |
|  | CME Group, Inc. | 135048 | 37419100 |
|  | CNB Financial Corp. | 40093 | 880041 |
|  | CNO Financial Group, <br> Inc.<br>| 178117 | 6757759 |
| \* | Coastal Financial <br> Corp.<br>| 26487 | 2175907 |
|  | Cohen & Steers, Inc. | 85298 | 6509943 |
| \* | Coinbase Global, Inc., <br> Class A<br>| 58183 | 11804749 |
|  | Colony Bankcorp, Inc. | 12083 | 187528 |
|  | Columbia Banking <br> System, Inc.<br>| 31595 | 708360 |
| \* | Columbia Financial, <br> Inc.<br>| 69880 | 941284 |
|  | Comerica, Inc. | 142539 | 7661471 |
|  | Commerce <br> Bancshares, Inc.<br>| 235870 | 14326744 |
|  | Community Financial <br> System, Inc.<br>| 81224 | 4434018 |
|  | Community Trust <br> Bancorp, Inc.<br>| 53596 | 2624060 |
|  | Community West <br> Bancshares<br>| 25402 | 444535 |
|  | ConnectOne Bancorp, <br> Inc.<br>| 72347 | 1629978 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | Consumer Portfolio <br> Services, Inc.<br>| 137807 | $1271959 |
|  | Corebridge Financial, <br> Inc.<br>| 286492 | 8488758 |
| \* | Corpay, Inc. | 87907 | 28602301 |
|  | Crawford & Co. <br> (CRD/A US), <br> Class A<br>| 86071 | 957110 |
|  | Crawford & Co. <br> (CRD/B US), <br> Class B<br>| 47154 | 503605 |
| #\* | Credit Acceptance <br> Corp.<br>| 18722 | 9125477 |
|  | Cullen/Frost Bankers, <br> Inc.<br>| 102909 | 11985811 |
| \* | Customers Bancorp, <br> Inc.<br>| 58047 | 2902350 |
|  | CVB Financial Corp. | 209681 | 3887486 |
| \* | Dave, Inc. | 2368 | 224534 |
|  | Diamond Hill <br> Investment Group, <br> Inc.<br>| 4352 | 548265 |
|  | DigitalBridge Group, <br> Inc.<br>| 178387 | 1498451 |
|  | Dime Community <br> Bancshares, Inc.<br>| 70511 | 1811428 |
|  | Discover Financial <br> Services<br>| 219398 | 40077433 |
|  | Donegal Group, Inc. <br> (DGICA US), <br> Class A<br>| 86728 | 1678187 |
|  | Donegal Group, Inc. <br> (DGICB US), <br> Class B<br>| 2147 | 35426 |
| \* | Donnelley Financial <br> Solutions, Inc.<br>| 63953 | 3082535 |
|  | Eagle Bancorp <br> Montana, Inc.<br>| 2666 | 46388 |
| # | Eagle Bancorp, Inc. | 41542 | 745679 |
|  | East West Bancorp, <br> Inc.<br>| 200070 | 17115988 |
|  | Eastern Bankshares, <br> Inc.<br>| 57473 | 857497 |
| \* | eHealth, Inc. | 8121 | 45153 |
|  | Employers Holdings, <br> Inc.<br>| 52597 | 2555688 |
|  | Enact Holdings, Inc. | 3358 | 120183 |
| \* | Encore Capital Group, <br> Inc.<br>| 29202 | 1004549 |
| \* | Enova International, <br> Inc.<br>| 84162 | 7725230 |
| \* | Enstar Group Ltd. | 32164 | 10755963 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Enterprise Bancorp, <br> Inc.<br>| 14956 | $556363 |
|  | Enterprise Financial <br> Services Corp.<br>| 68314 | 3553694 |
|  | Equitable Holdings, <br> Inc.<br>| 495360 | 24495552 |
|  | Equity Bancshares, <br> Inc., Class A<br>| 26825 | 1032494 |
| # | Erie Indemnity Co., <br> Class A<br>| 32468 | 11643674 |
|  | Esquire Financial <br> Holdings, Inc.<br>| 15778 | 1308312 |
|  | ESSA Bancorp, Inc. | 9594 | 177489 |
|  | Essent Group Ltd. | 176108 | 10025828 |
| \* | Euronet Worldwide, <br> Inc.<br>| 71012 | 7037289 |
|  | Evans Bancorp, Inc. | 3028 | 116427 |
|  | Evercore, Inc., <br> Class A<br>| 70215 | 14414437 |
|  | Everest Group Ltd. | 40663 | 14591104 |
|  | EVERTEC, Inc. | 112423 | 3815637 |
| #\* | EZCORP, Inc., <br> Class A<br>| 133758 | 2189618 |
|  | F&G Annuities & Life, <br> Inc.<br>| 36803 | 1281112 |
|  | FactSet Research <br> Systems, Inc.<br>| 35139 | 15187779 |
|  | Farmers & Merchants <br> Bancorp, Inc.<br>| 6977 | 182588 |
|  | Farmers National <br> Banc Corp.<br>| 16403 | 213895 |
|  | FB Financial Corp. | 82747 | 3521712 |
|  | Federal Agricultural <br> Mortgage Corp. <br> (AGM US), Class C<br>| 18450 | 3234839 |
|  | Federal Agricultural <br> Mortgage Corp. <br> (AGM/A US), <br> Class A<br>| 1374 | 179108 |
|  | Federated Hermes, <br> Inc.<br>| 207946 | 8444687 |
|  | Fidelity National <br> Financial, Inc.<br>| 302183 | 19354821 |
|  | Fidelity National <br> Information <br> Services, Inc.<br>| 341352 | 26925846 |
|  | Fifth Third Bancorp | 628365 | 22583438 |
|  | Financial Institutions, <br> Inc.<br>| 28787 | 730902 |
|  | Finward Bancorp | 1270 | 38938 |
| \* | Finwise Bancorp | 11312 | 171037 |
|  | First American <br> Financial Corp.<br>| 180593 | 10981860 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | First BanCorp | 464247 | $9117811 |
|  | First Bancorp, Inc. | 17777 | 434292 |
|  | First <br> Bancorp/Southern <br> Pines NC<br>| 87924 | 3557405 |
|  | First Bank | 23604 | 339426 |
|  | First Busey Corp. | 143162 | 2976338 |
|  | First Business <br> Financial Services, <br> Inc.<br>| 16093 | 774717 |
|  | First Capital, Inc. | 3880 | 175027 |
|  | First Citizens <br> BancShares, Inc., <br> Class A<br>| 13728 | 24424034 |
|  | First Commonwealth <br> Financial Corp.<br>| 226842 | 3475219 |
|  | First Community <br> Bankshares, Inc.<br>| 35111 | 1322982 |
|  | First Community <br> Corp.<br>| 2034 | 47799 |
|  | First Financial <br> Bancorp<br>| 169494 | 3923786 |
|  | First Financial <br> Bankshares, Inc.<br>| 211177 | 7076541 |
|  | First Financial Corp. | 23079 | 1140103 |
| \*» | First Financial <br> Northwest, Inc.<br>| 14137 | 16964 |
|  | First Foundation, Inc. | 80881 | 406023 |
|  | First Hawaiian, Inc. | 13700 | 313182 |
|  | First Horizon Corp. | 728194 | 13165748 |
|  | First Internet Bancorp | 11737 | 249529 |
|  | First Interstate <br> BancSystem, Inc., <br> Class A<br>| 58551 | 1533743 |
|  | First Merchants Corp. | 59546 | 2122219 |
|  | First Mid Bancshares, <br> Inc.<br>| 32608 | 1090085 |
|  | First National Corp. | 1787 | 34847 |
|  | First Northwest <br> Bancorp<br>| 11235 | 115721 |
|  | First of Long Island <br> Corp.<br>| 800 | 9216 |
|  | First Savings Financial <br> Group, Inc.<br>| 2715 | 72328 |
| \* | First Seacoast <br> Bancorp, Inc.<br>| 23 | 254 |
|  | First U.S. Bancshares, <br> Inc.<br>| 5297 | 66213 |
|  | First United Corp. | 12304 | 366290 |
| \* | First Western <br> Financial, Inc.<br>| 1084 | 22862 |
|  | FirstCash Holdings, <br> Inc.<br>| 72932 | 9769971 |
| \* | Fiserv, Inc. | 253288 | 46749366 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Five Star Bancorp | 5003 | $138483 |
| # | Flagstar Financial, <br> Inc.<br>| 50132 | 587046 |
|  | Flushing Financial <br> Corp.<br>| 46461 | 556138 |
| \* | Flywire Corp. | 31960 | 300744 |
|  | FNB Corp. | 431289 | 5645573 |
|  | Franklin Financial <br> Services Corp.<br>| 5318 | 205275 |
| # | Franklin Resources, <br> Inc.<br>| 149720 | 2808747 |
|  | FS Bancorp, Inc. | 18178 | 710760 |
|  | Fulton Financial Corp. | 344571 | 5747444 |
| \* | FVCBankcorp, Inc. | 10930 | 124821 |
|  | GCM Grosvenor, Inc., <br> Class A<br>| 2295 | 28779 |
| \* | Genworth Financial, <br> Inc.<br>| 459413 | 3151573 |
|  | German American <br> Bancorp, Inc.<br>| 61568 | 2334043 |
| # | Glacier Bancorp, Inc. | 171734 | 6999878 |
|  | Global Payments, Inc. | 146541 | 11182544 |
|  | Globe Life, Inc. | 110398 | 13616489 |
|  | Goldman Sachs <br> Group, Inc.<br>| 176078 | 96411509 |
|  | Goosehead Insurance, <br> Inc., Class A<br>| 12383 | 1203751 |
|  | Great Southern <br> Bancorp, Inc.<br>| 24744 | 1360920 |
|  | Greene County <br> Bancorp, Inc.<br>| 339 | 7543 |
| \* | Greenlight Capital Re <br> Ltd., Class A<br>| 59189 | 776264 |
|  | Guaranty Bancshares, <br> Inc.<br>| 17645 | 696272 |
| \* | Hagerty, Inc., Class A | 1396 | 12299 |
| # | Hamilton Lane, Inc., <br> Class A<br>| 37962 | 5864749 |
|  | Hancock Whitney <br> Corp.<br>| 142968 | 7447203 |
|  | Hanmi Financial <br> Corp.<br>| 61456 | 1405499 |
|  | Hanover Insurance <br> Group, Inc.<br>| 71834 | 11931627 |
|  | HarborOne Bancorp, <br> Inc.<br>| 71823 | 813036 |
|  | Hartford Insurance <br> Group, Inc.<br>| 430639 | 52826486 |
|  | Hawthorn Bancshares, <br> Inc.<br>| 11816 | 348808 |
|  | HBT Financial, Inc. | 4919 | 113998 |
|  | HCI Group, Inc. | 23644 | 3459117 |
|  | Heritage Commerce <br> Corp.<br>| 48600 | 439344 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Heritage Financial <br> Corp.<br>| 70327 | $1604862 |
| \* | Heritage Insurance <br> Holdings, Inc.<br>| 38448 | 726667 |
|  | Hilltop Holdings, Inc. | 140544 | 4150264 |
| # | Hingham Institution <br> For Savings<br>| 3148 | 785615 |
| \* | Hippo Holdings, Inc. | 963 | 22265 |
|  | Home Bancorp, Inc. | 12605 | 634536 |
|  | Home BancShares, <br> Inc.<br>| 246319 | 6835352 |
|  | Home Federal <br> Bancorp, Inc. of <br> Louisiana<br>| 2148 | 27688 |
| \* | HomeStreet, Inc. | 14705 | 167049 |
|  | HomeTrust <br> Bancshares, Inc.<br>| 3257 | 111194 |
|  | Hope Bancorp, Inc. | 179562 | 1790233 |
|  | Horace Mann <br> Educators Corp.<br>| 84260 | 3500160 |
|  | Horizon Bancorp, Inc. | 86307 | 1266987 |
|  | Houlihan Lokey, Inc. | 85808 | 13907761 |
|  | Huntington <br> Bancshares, Inc.<br>| 1334654 | 19392523 |
|  | IF Bancorp, Inc. | 982 | 23381 |
|  | Independent Bank <br> Corp. (IBCP US)<br>| 40534 | 1234666 |
|  | Independent Bank <br> Corp. (INDB US)<br>| 59968 | 3543509 |
|  | Interactive Brokers <br> Group, Inc., <br> Class A<br>| 37025 | 6362746 |
|  | Intercontinental <br> Exchange, Inc.<br>| 251052 | 42169204 |
|  | International <br> Bancshares Corp.<br>| 132955 | 8115573 |
| \* | International Money <br> Express, Inc.<br>| 51139 | 635146 |
|  | Invesco Ltd. | 237234 | 3304670 |
|  | Investors Title Co. | 3641 | 841763 |
|  | Jack Henry & <br> Associates, Inc.<br>| 66683 | 11564833 |
|  | Jackson Financial, <br> Inc., Class A<br>| 65256 | 5084095 |
|  | Janus Henderson <br> Group PLC<br>| 189838 | 6304520 |
|  | Jefferies Financial <br> Group, Inc.<br>| 347509 | 16239096 |
|  | JPMorgan Chase & <br> Co.<br>| 2201688 | 538576919 |
|  | Kearny Financial <br> Corp.<br>| 92518 | 579163 |
|  | Kemper Corp. | 98234 | 5807594 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | Kentucky First Federal <br> Bancorp<br>| 6573 | $16104 |
|  | KeyCorp | 623452 | 9252028 |
| \* | Kingstone Cos., Inc. | 931 | 15827 |
| # | Kinsale Capital Group, <br> Inc.<br>| 25262 | 10995538 |
|  | KKR & Co., Inc. | 223300 | 25516491 |
|  | Lake Shore Bancorp, <br> Inc.<br>| 3574 | 52681 |
|  | Lakeland Financial <br> Corp.<br>| 54013 | 3006904 |
|  | Landmark Bancorp, <br> Inc.<br>| 7969 | 224805 |
| # | Lazard, Inc. | 57502 | 2236828 |
|  | LCNB Corp. | 10519 | 157995 |
| \* | LendingClub Corp. | 252079 | 2462812 |
| \* | LendingTree, Inc. | 13421 | 692389 |
|  | Lincoln National <br> Corp.<br>| 213001 | 6788342 |
|  | Live Oak Bancshares, <br> Inc.<br>| 54024 | 1412187 |
|  | Loews Corp. | 227665 | 19768152 |
| # | LPL Financial <br> Holdings, Inc.<br>| 88990 | 28458112 |
|  | M&T Bank Corp. | 98280 | 16684013 |
|  | Magyar Bancorp, Inc. | 5872 | 80916 |
| \* | Markel Group, Inc. | 10873 | 19773638 |
|  | MarketAxess <br> Holdings, Inc.<br>| 26420 | 5854408 |
| \* | Marqeta, Inc., <br> Class A<br>| 341468 | 1427336 |
|  | Marsh & McLennan <br> Cos., Inc.<br>| 286589 | 64617222 |
|  | Mastercard, Inc., <br> Class A<br>| 499627 | 273825574 |
|  | Mercantile Bank <br> Corp.<br>| 34629 | 1465153 |
|  | Merchants Bancorp | 22081 | 664196 |
|  | Mercury General <br> Corp.<br>| 87017 | 4822482 |
|  | Meridian Corp. | 12316 | 166266 |
|  | MetLife, Inc. | 426707 | 32160907 |
|  | Metrocity Bankshares, <br> Inc.<br>| 6183 | 170465 |
| \* | Metropolitan Bank <br> Holding Corp.<br>| 4704 | 291319 |
|  | MGIC Investment <br> Corp.<br>| 325362 | 8104767 |
|  | Mid Penn Bancorp, <br> Inc.<br>| 17986 | 522493 |
|  | Middlefield Banc <br> Corp.<br>| 11702 | 303433 |
|  | Midland States <br> Bancorp, Inc.<br>| 33514 | 545608 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | MidWestOne Financial <br> Group, Inc.<br>| 30215 | $838164 |
|  | Moelis & Co., Class A | 38130 | 2043005 |
|  | Moody's Corp. | 87885 | 39822451 |
|  | Morgan Stanley | 934894 | 107905465 |
|  | Morningstar, Inc. | 62099 | 17680827 |
| \* | Mr. Cooper Group, <br> Inc.<br>| 20870 | 2483739 |
|  | MSCI, Inc. | 45780 | 24955136 |
|  | MVB Financial Corp. | 20795 | 354763 |
|  | Nasdaq, Inc. | 376167 | 28667687 |
|  | National Bank <br> Holdings Corp., <br> Class A<br>| 80445 | 2908891 |
|  | National Bankshares, <br> Inc.<br>| 4012 | 103389 |
|  | Navient Corp. | 389513 | 4822171 |
| # | NBT Bancorp, Inc. | 99854 | 4227818 |
| \* | NCR Atleos Corp. | 111031 | 3099986 |
|  | Nelnet, Inc., Class A | 56619 | 6006710 |
| \* | NerdWallet, Inc., <br> Class A<br>| 49576 | 444201 |
| \* | NI Holdings, Inc. | 21302 | 266275 |
|  | Nicolet Bankshares, <br> Inc.<br>| 29127 | 3402325 |
| \* | NMI Holdings, Inc. | 157596 | 5700247 |
|  | Northeast Bank | 15024 | 1244288 |
|  | Northeast Community <br> Bancorp, Inc.<br>| 5283 | 120241 |
|  | Northern Trust Corp. | 179900 | 16907002 |
|  | Northfield Bancorp, <br> Inc.<br>| 68559 | 723297 |
|  | Northrim BanCorp, <br> Inc.<br>| 9203 | 738909 |
|  | Northwest <br> Bancshares, Inc.<br>| 253894 | 3135591 |
|  | Norwood Financial <br> Corp.<br>| 10362 | 259154 |
|  | Oak Valley Bancorp | 12060 | 315972 |
|  | OceanFirst Financial <br> Corp.<br>| 121050 | 2004588 |
|  | OFG Bancorp | 110128 | 4333537 |
|  | Ohio Valley Banc <br> Corp.<br>| 6853 | 246845 |
| \* | Old Market Capital <br> Corp.<br>| 9421 | 53794 |
| # | Old National Bancorp | 387660 | 7981919 |
|  | Old Republic <br> International Corp.<br>| 490431 | 18440206 |
|  | Old Second Bancorp, <br> Inc.<br>| 76257 | 1204098 |
|  | OneMain Holdings, <br> Inc.<br>| 195249 | 9190370 |
| \* | Onity Group, Inc. | 11671 | 437779 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | OP Bancorp | 8984 | $115355 |
| \* | Open Lending Corp. | 43769 | 54274 |
|  | Oppenheimer <br> Holdings, Inc., <br> Class A<br>| 13697 | 808260 |
|  | OppFi, Inc. | 4183 | 39111 |
| \* | OptimumBank <br> Holdings, Inc.<br>| 1636 | 7084 |
|  | Orange County <br> Bancorp, Inc.<br>| 1054 | 25011 |
|  | Origin Bancorp, Inc. | 37592 | 1204448 |
|  | Orrstown Financial <br> Services, Inc.<br>| 32393 | 970818 |
| \* | Oscar Health, Inc., <br> Class A<br>| 124833 | 1624077 |
|  | Pacific Premier <br> Bancorp, Inc.<br>| 61492 | 1250747 |
| \* | Palomar Holdings, <br> Inc.<br>| 35578 | 5159522 |
| # | Park National Corp. | 30495 | 4577299 |
|  | Parke Bancorp, Inc. | 18265 | 344295 |
|  | Pathfinder Bancorp, <br> Inc.<br>| 4141 | 56773 |
|  | Pathward Financial, <br> Inc.<br>| 65985 | 5237229 |
| \* | Paymentus Holdings, <br> Inc., Class A<br>| 38576 | 1252177 |
| \* | Payoneer Global, Inc. | 358124 | 2517612 |
| #\* | PayPal Holdings, Inc. | 422782 | 27835967 |
| #\* | Paysafe Ltd. | 79332 | 1208226 |
| \* | Paysign, Inc. | 2408 | 5779 |
|  | PCB Bancorp | 16051 | 314760 |
|  | Peapack-Gladstone <br> Financial Corp.<br>| 32318 | 894562 |
|  | Penns Woods <br> Bancorp, Inc.<br>| 6404 | 187189 |
|  | PennyMac Financial <br> Services, Inc.<br>| 79129 | 7710330 |
|  | Peoples Bancorp of <br> North Carolina, Inc.<br>| 9657 | 266726 |
|  | Peoples Bancorp, Inc. | 75743 | 2197304 |
|  | Peoples Financial <br> Services Corp.<br>| 7247 | 313215 |
|  | Pinnacle Financial <br> Partners, Inc.<br>| 113769 | 11404205 |
| \* | Pioneer Bancorp, Inc. | 14070 | 157865 |
|  | Piper Sandler Cos. | 27717 | 6683123 |
| # | PJT Partners, Inc., <br> Class A<br>| 19890 | 2818612 |
|  | Plumas Bancorp | 10140 | 447073 |
|  | PNC Financial <br> Services Group, <br> Inc.<br>| 220907 | 35497546 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | Ponce Financial <br> Group, Inc.<br>| 24784 | $318970 |
|  | Popular, Inc. | 151172 | 14424832 |
| \* | PRA Group, Inc. | 59328 | 1085702 |
| # | Preferred Bank | 34165 | 2728417 |
|  | Primerica, Inc. | 66364 | 17392013 |
|  | Primis Financial Corp. | 36156 | 297925 |
|  | Princeton Bancorp, <br> Inc.<br>| 10139 | 309037 |
|  | Principal Financial <br> Group, Inc.<br>| 241425 | 17901664 |
| \* | Priority Technology <br> Holdings, Inc.<br>| 4161 | 30209 |
| \* | ProAssurance Corp. | 5544 | 128676 |
|  | PROG Holdings, Inc. | 108609 | 2862933 |
|  | Progressive Corp. | 220073 | 62003367 |
|  | Prosperity <br> Bancshares, Inc.<br>| 106783 | 7250566 |
| \* | Provident Bancorp, <br> Inc.<br>| 9530 | 105783 |
|  | Provident Financial <br> Holdings, Inc.<br>| 12923 | 193974 |
|  | Provident Financial <br> Services, Inc.<br>| 164191 | 2687807 |
|  | Prudential Financial, <br> Inc.<br>| 414824 | 42606573 |
|  | QCR Holdings, Inc. | 34604 | 2247530 |
|  | Radian Group, Inc. | 132571 | 4234318 |
|  | Raymond James <br> Financial, Inc.<br>| 178408 | 24449032 |
|  | RBB Bancorp | 27413 | 427095 |
|  | Red River <br> Bancshares, Inc.<br>| 1695 | 89327 |
|  | Regional Management <br> Corp.<br>| 16058 | 528790 |
| # | Regions Financial <br> Corp.<br>| 863394 | 17621872 |
|  | Reinsurance Group of <br> America, Inc.<br>| 76308 | 14293251 |
| \* | Remitly Global, Inc. | 25325 | 512072 |
|  | RenaissanceRe <br> Holdings Ltd.<br>| 65315 | 15801658 |
| # | Renasant Corp. | 171873 | 5511967 |
| #\* | Repay Holdings Corp. | 104834 | 419336 |
|  | Republic Bancorp, <br> Inc., Class A<br>| 33127 | 2247667 |
| \* | Rhinebeck Bancorp, <br> Inc.<br>| 4151 | 45246 |
|  | Richmond Mutual <br> BanCorp, Inc.<br>| 8015 | 112450 |
|  | Riverview Bancorp, <br> Inc.<br>| 50914 | 321776 |
|  | RLI Corp. | 141986 | 10508384 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | Robinhood Markets, <br> Inc., Class A<br>| 179508 | $8815638 |
| # | Rocket Cos., Inc., <br> Class A<br>| 38289 | 494311 |
|  | S&P Global, Inc. | 121687 | 60849584 |
|  | S&T Bancorp, Inc. | 74052 | 2698455 |
|  | Safety Insurance <br> Group, Inc.<br>| 34513 | 2640245 |
|  | SB Financial Group, <br> Inc.<br>| 8465 | 164560 |
|  | Seacoast Banking <br> Corp. of Florida<br>| 94819 | 2248158 |
| \* | Security National <br> Financial Corp., <br> Class A<br>| 31576 | 323338 |
|  | SEI Investments Co. | 218654 | 17118422 |
|  | Selective Insurance <br> Group, Inc.<br>| 107139 | 9345735 |
| \* | Selectquote, Inc. | 7020 | 22253 |
|  | ServisFirst <br> Bancshares, Inc.<br>| 99803 | 7107970 |
| #\* | Shift4 Payments, Inc., <br> Class A<br>| 65449 | 5353728 |
|  | Shore Bancshares, <br> Inc.<br>| 37751 | 522096 |
|  | Sierra Bancorp | 26324 | 696533 |
|  | Silvercrest Asset <br> Management <br> Group, Inc., <br> Class A<br>| 14147 | 216449 |
|  | Simmons First <br> National Corp., <br> Class A<br>| 299316 | 5585237 |
| \* | SiriusPoint Ltd. | 284802 | 4784674 |
| \* | Skyward Specialty <br> Insurance Group, <br> Inc.<br>| 13639 | 724095 |
| # | SLM Corp. | 611205 | 17669937 |
|  | SmartFinancial, Inc. | 18942 | 576216 |
| #\* | SoFi Technologies, <br> Inc.<br>| 1061098 | 13274336 |
|  | Sound Financial <br> Bancorp, Inc.<br>| 3278 | 166424 |
|  | South Plains <br> Financial, Inc.<br>| 6125 | 206474 |
| \* | Southern First <br> Bancshares, Inc.<br>| 7643 | 271403 |
|  | Southern Missouri <br> Bancorp, Inc.<br>| 11863 | 624587 |
|  | Southern States <br> Bancshares, Inc.<br>| 3175 | 106077 |
|  | Southside <br> Bancshares, Inc.<br>| 36890 | 1039929 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | SouthState Corp. | 90081 | $7817229 |
|  | State Street Corp. | 218286 | 19230997 |
|  | Stellar Bancorp, Inc. | 52785 | 1317514 |
| \*» | Sterling Bancorp, Inc. | 40006 | 193629 |
|  | Stewart Information <br> Services Corp.<br>| 54513 | 3569511 |
|  | Stifel Financial Corp. | 161601 | 13847590 |
| # | Stock Yards Bancorp, <br> Inc.<br>| 61436 | 4471926 |
| \* | StoneX Group, Inc. | 80902 | 7165086 |
|  | Summit State Bank | 8370 | 75665 |
|  | SWK Holdings Corp. | 4164 | 58671 |
|  | Synchrony Financial | 527656 | 27411729 |
|  | Synovus Financial <br> Corp.<br>| 189295 | 8200259 |
| # | T. Rowe Price Group, <br> Inc.<br>| 174833 | 15481462 |
| \* | Texas Capital <br> Bancshares, Inc.<br>| 99324 | 6768931 |
| # | TFS Financial Corp. | 204438 | 2649516 |
| \* | Third Coast <br> Bancshares, Inc.<br>| 2238 | 66692 |
|  | Timberland Bancorp, <br> Inc.<br>| 12366 | 380131 |
|  | Tiptree, Inc. | 80023 | 1785313 |
| \* | Toast, Inc., Class A | 176961 | 6296272 |
|  | Tompkins Financial <br> Corp.<br>| 14837 | 884285 |
|  | Towne Bank | 69980 | 2305841 |
|  | Tradeweb Markets, <br> Inc., Class A<br>| 19981 | 2763372 |
|  | Travelers Cos., Inc. | 229872 | 60716091 |
|  | TriCo Bancshares | 45509 | 1755737 |
| \* | Triumph Financial, <br> Inc.<br>| 50326 | 2688415 |
|  | Truist Financial Corp. | 583803 | 22383007 |
| \* | Trupanion, Inc. | 8654 | 316736 |
|  | TrustCo Bank Corp. | 35703 | 1087156 |
|  | Trustmark Corp. | 133414 | 4476040 |
|  | U.S. Bancorp | 820683 | 33106352 |
|  | UMB Financial Corp. | 119588 | 11309437 |
|  | Union Bankshares, <br> Inc.<br>| 1379 | 45617 |
|  | United Bancorp, Inc. | 5663 | 70504 |
|  | United Bancshares, <br> Inc.<br>| 3436 | 92669 |
|  | United Bankshares, <br> Inc.<br>| 141305 | 4845348 |
|  | United Community <br> Banks, Inc.<br>| 119338 | 3294922 |
|  | United Fire Group, <br> Inc.<br>| 44179 | 1222433 |
|  | United Security <br> Bancshares<br>| 17660 | 157174 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Unity Bancorp, Inc. | 21178 | $876769 |
|  | Universal Insurance <br> Holdings, Inc.<br>| 75550 | 1831332 |
|  | Univest Financial <br> Corp.<br>| 60544 | 1788470 |
|  | Unum Group | 281779 | 21882957 |
|  | USCB Financial <br> Holdings, Inc.<br>| 8121 | 137732 |
|  | Valley National <br> Bancorp<br>| 617849 | 5313501 |
|  | Value Line, Inc. | 6620 | 270758 |
| \* | Velocity Financial, <br> Inc.<br>| 13161 | 235187 |
|  | Veritex Holdings, Inc. | 70748 | 1647013 |
|  | Victory Capital <br> Holdings, Inc., <br> Class A<br>| 46884 | 2685984 |
|  | Virginia National <br> Bankshares Corp.<br>| 2069 | 76098 |
|  | Virtu Financial, Inc., <br> Class A<br>| 105266 | 4121164 |
|  | Virtus Investment <br> Partners, Inc.<br>| 14147 | 2172838 |
| # | Visa, Inc., Class A | 913551 | 315631870 |
|  | Voya Financial, Inc. | 182238 | 10788490 |
|  | W.R. Berkley Corp. | 331934 | 23796348 |
|  | WaFd, Inc. | 165199 | 4713127 |
|  | Walker & Dunlop, Inc. | 78369 | 5998363 |
|  | Washington Trust <br> Bancorp, Inc.<br>| 27053 | 746663 |
|  | Waterstone Financial, <br> Inc.<br>| 48259 | 583934 |
|  | Webster Financial <br> Corp.<br>| 295129 | 13959602 |
|  | Wells Fargo & Co. | 1776836 | 126173124 |
|  | WesBanco, Inc. | 174440 | 5194823 |
|  | West BanCorp, Inc. | 28614 | 555255 |
|  | Westamerica <br> BanCorp<br>| 52268 | 2531339 |
|  | Western Alliance <br> Bancorp<br>| 163281 | 11382319 |
|  | Western New England <br> Bancorp, Inc.<br>| 38261 | 353149 |
| # | Western Union Co. | 148261 | 1469267 |
|  | Westwood Holdings <br> Group, Inc.<br>| 17313 | 289127 |
| \* | WEX, Inc. | 48381 | 6307431 |
|  | White Mountains <br> Insurance Group <br> Ltd.<br>| 5834 | 10311303 |
|  | Willis Towers Watson <br> PLC<br>| 83176 | 25601573 |
| # | Wintrust Financial <br> Corp.<br>| 119482 | 13282814 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| # | WisdomTree, Inc. | 215970 | $1878939 |
| \* | World Acceptance <br> Corp.<br>| 14415 | 1861265 |
|  | WSFS Financial <br> Corp.<br>| 85620 | 4413711 |
|  | WVS Financial Corp. | 803 | 9905 |
|  | Zions Bancorp NA | 263378 | 11844109 |
| TOTAL FINANCIALS | TOTAL FINANCIALS |  | 5603853540 |
| HEALTH CARE — (9.2%) | HEALTH CARE — (9.2%) | HEALTH CARE — (9.2%) | HEALTH CARE — (9.2%) |
| \* | 89bio, Inc. | 157 | 1259 |
|  | Abbott Laboratories | 745260 | 97442745 |
|  | AbbVie, Inc. | 1117067 | 217939772 |
| †† | Abiomed, Inc. | 26621 | 415554 |
| #\* | Absci Corp. | 16364 | 50237 |
| \* | AC Immune SA | 4792 | 8290 |
| \* | Acadia Healthcare <br> Co., Inc.<br>| 108421 | 2537051 |
| \* | ACADIA <br> Pharmaceuticals, <br> Inc.<br>| 53550 | 781830 |
| \* | AdaptHealth Corp. | 91069 | 774997 |
| #\* | Adaptive <br> Biotechnologies <br> Corp.<br>| 167739 | 1234559 |
| \* | Addus HomeCare <br> Corp.<br>| 29076 | 3039896 |
| \* | ADMA Biologics, Inc. | 187253 | 4456621 |
| †† | Aduro Biotech, Inc. | 7016 | 2666 |
|  | Agilent Technologies, <br> Inc.<br>| 129989 | 13986816 |
| \* | Agios <br> Pharmaceuticals, <br> Inc.<br>| 32713 | 971249 |
| \* | Akero Therapeutics, <br> Inc.<br>| 4136 | 188643 |
| †† | Albireo Pharma, Inc. | 28723 | 166881 |
| \* | Align Technology, Inc. | 25063 | 4343418 |
| \* | Alkermes PLC | 101248 | 2912905 |
| \* | Alnylam <br> Pharmaceuticals, <br> Inc.<br>| 35653 | 9385296 |
| \* | American Shared <br> Hospital Services<br>| 797 | 2152 |
|  | Amgen, Inc. | 373973 | 108796225 |
| \* | AMN Healthcare <br> Services, Inc.<br>| 65005 | 1328052 |
| \* | Amneal <br> Pharmaceuticals, <br> Inc.<br>| 233873 | 1791467 |
| \* | Amphastar <br> Pharmaceuticals, <br> Inc.<br>| 12090 | 295117 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | AngioDynamics, Inc. | 8186 | $76048 |
| \* | ANI Pharmaceuticals, <br> Inc.<br>| 20912 | 1480988 |
| \* | Anika Therapeutics, <br> Inc.<br>| 22225 | 322929 |
| \* | Annexon, Inc. | 6012 | 11182 |
| \* | Arcellx, Inc. | 10487 | 681131 |
| \* | Arcturus Therapeutics <br> Holdings, Inc.<br>| 37405 | 479158 |
| \* | Arcus Biosciences, <br> Inc.<br>| 129689 | 1134779 |
| #\* | Artivion, Inc. | 66465 | 1574556 |
| \* | Arvinas, Inc. | 22672 | 218105 |
| #\* | Astrana Health, Inc. | 32275 | 1006012 |
| \* | AtriCure, Inc. | 14045 | 420086 |
| \* | Aura Biosciences, <br> Inc.<br>| 4130 | 24078 |
| \* | Avanos Medical, Inc. | 49996 | 627450 |
| \* | Avantor, Inc. | 162462 | 2110381 |
| \* | Axogen, Inc. | 63336 | 1030477 |
| \* | Azenta, Inc. | 57045 | 1502565 |
|  | Baxter International, <br> Inc.<br>| 266823 | 8316873 |
| #\* | Beam Therapeutics, <br> Inc.<br>| 94145 | 1876310 |
|  | Becton Dickinson & <br> Co.<br>| 112889 | 23378183 |
| \* | Biogen, Inc. | 73309 | 8876254 |
| #\* | BioLife Solutions, Inc. | 93880 | 2263447 |
| \* | BioMarin <br> Pharmaceutical, <br> Inc.<br>| 157569 | 10035570 |
| #\* | Bio-Rad Laboratories, <br> Inc., Class A<br>| 21633 | 5280183 |
| \* | Biote Corp., Class A | 41723 | 138938 |
|  | Bio-Techne Corp. | 112938 | 5686428 |
| \* | Bioventus, Inc., <br> Class A<br>| 3840 | 28070 |
| \* | Boston Scientific <br> Corp.<br>| 530072 | 54528507 |
|  | Bristol-Myers Squibb <br> Co.<br>| 952454 | 47813191 |
| #\* | Brookdale Senior <br> Living, Inc.<br>| 260066 | 1706033 |
|  | Bruker Corp. | 232721 | 9322803 |
|  | Cardinal Health, Inc. | 216292 | 30559897 |
| \* | Castle Biosciences, <br> Inc.<br>| 39464 | 791253 |
| \* | Catalyst <br> Pharmaceuticals, <br> Inc.<br>| 144288 | 3504756 |
| \* | Celcuity, Inc. | 400 | 4456 |
|  | Cencora, Inc. | 137889 | 40355974 |
| \* | Centene Corp. | 360439 | 21572274 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Certara, Inc. | 232849 | $3227287 |
| \* | Charles River <br> Laboratories <br> International, Inc.<br>| 57397 | 6808432 |
|  | Chemed Corp. | 21936 | 12756003 |
| †† | Chinook Therapeutics, <br> Inc.<br>| 54163 | 108326 |
|  | Cigna Group | 210237 | 71488989 |
| \* | Collegium <br> Pharmaceutical, <br> Inc.<br>| 72079 | 1945773 |
| \* | Community Health <br> Systems, Inc.<br>| 103911 | 283677 |
|  | Concentra Group <br> Holdings Parent, <br> Inc.<br>| 208425 | 4533244 |
| # | CONMED Corp. | 38182 | 1875118 |
| \* | Cooper Cos., Inc. | 153475 | 12534303 |
| \* | Corcept Therapeutics, <br> Inc.<br>| 171686 | 12340790 |
| \* | CorVel Corp. | 69698 | 7580354 |
| #\* | CRISPR Therapeutics <br> AG<br>| 92857 | 3590780 |
| \* | Cross Country <br> Healthcare, Inc.<br>| 52782 | 715196 |
| \* | Cullinan Therapeutics, <br> Inc.<br>| 9118 | 75497 |
|  | CVS Health Corp. | 436665 | 29129922 |
| \* | Cytek Biosciences, <br> Inc.<br>| 149642 | 555172 |
|  | Danaher Corp. | 249608 | 49754363 |
| #\* | DaVita, Inc. | 136507 | 19322566 |
| \* | Day One <br> Biopharmaceuticals, <br> Inc.<br>| 21852 | 170009 |
| \* | Definitive Healthcare <br> Corp.<br>| 17550 | 47736 |
| #\* | Denali Therapeutics, <br> Inc.<br>| 91117 | 1517098 |
|  | Dentsply Sirona, Inc. | 107423 | 1493180 |
| \* | Design Therapeutics, <br> Inc.<br>| 2582 | 12549 |
| \* | Dexcom, Inc. | 103208 | 7366987 |
| #\* | Doximity, Inc., <br> Class A<br>| 79998 | 4550286 |
| #\* | Dynavax Technologies <br> Corp.<br>| 151131 | 1775789 |
| \* | Edgewise <br> Therapeutics, Inc.<br>| 11496 | 188534 |
| \* | Edwards Lifesciences <br> Corp.<br>| 210260 | 15872527 |
| #\* | Elanco Animal Health, <br> Inc.<br>| 463016 | 4389392 |
| \* | Electromed, Inc. | 5226 | 120355 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
|  | Elevance Health, Inc. | 134124 | $56409872 |
|  | Eli Lilly & Co. | 474101 | 426193094 |
|  | Embecta Corp. | 19863 | 242130 |
| \* | Emergent <br> BioSolutions, Inc.<br>| 24773 | 132288 |
| \* | Enanta <br> Pharmaceuticals, <br> Inc.<br>| 4018 | 24470 |
|  | Encompass Health <br> Corp.<br>| 195889 | 22917054 |
| \* | Enhabit, Inc. | 35531 | 283893 |
| \* | Enovis Corp. | 25415 | 879105 |
|  | Ensign Group, Inc. | 80610 | 10397884 |
| #\* | Envista Holdings <br> Corp.<br>| 120241 | 1933475 |
| \* | Evolent Health, Inc., <br> Class A<br>| 4127 | 40692 |
| \* | Exact Sciences Corp. | 64434 | 2940768 |
| \* | Exelixis, Inc. | 293390 | 11486218 |
| \* | FONAR Corp. | 11430 | 143447 |
| \* | Fortrea Holdings, Inc. | 99818 | 621866 |
| \* | Fulcrum Therapeutics, <br> Inc.<br>| 58652 | 225810 |
| \* | Fulgent Genetics, Inc. | 11851 | 205615 |
| \* | GE HealthCare <br> Technologies, Inc.<br>| 301974 | 21237831 |
| \* | GeneDx Holdings <br> Corp.<br>| 1127 | 75340 |
|  | Gilead Sciences, Inc. | 817781 | 87126388 |
| \* | Glaukos Corp. | 5585 | 526386 |
| \* | Globus Medical, Inc., <br> Class A<br>| 2397 | 172033 |
| #\* | GoodRx Holdings, <br> Inc., Class A<br>| 101297 | 469005 |
| #\* | GRAIL, Inc. | 6353 | 219147 |
| \* | Haemonetics Corp. | 76300 | 4808426 |
| \* | Halozyme <br> Therapeutics, Inc.<br>| 66773 | 4101198 |
| \* | Harmony Biosciences <br> Holdings, Inc.<br>| 59645 | 1757738 |
| \* | Harvard Bioscience, <br> Inc.<br>| 99035 | 35286 |
|  | HCA Healthcare, Inc. | 96655 | 33353707 |
| #\* | HealthEquity, Inc. | 85129 | 7297258 |
|  | HealthStream, Inc. | 58202 | 1957333 |
| #\* | Henry Schein, Inc. | 132187 | 8588189 |
| #\* | Hims & Hers Health, <br> Inc.<br>| 203443 | 6733963 |
| \* | Hologic, Inc. | 200677 | 11679401 |
|  | Humana, Inc. | 72492 | 19010302 |
| \* | ICON PLC | 4967 | 752202 |
| \* | ICU Medical, Inc. | 17300 | 2363007 |
| \* | IDEXX Laboratories, <br> Inc.<br>| 40087 | 17343641 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Illumina, Inc. | 38119 | $2958034 |
| \* | Incyte Corp. | 45092 | 2825465 |
| \* | InfuSystem Holdings, <br> Inc.<br>| 25741 | 121498 |
| #\* | Innoviva, Inc. | 149202 | 2788585 |
| \* | Inogen, Inc. | 5115 | 36470 |
| #\* | Insmed, Inc. | 42464 | 3057408 |
| #\* | Inspire Medical <br> Systems, Inc.<br>| 13508 | 2139397 |
| \* | Instil Bio, Inc. | 1052 | 13518 |
| \* | Insulet Corp. | 25186 | 6354176 |
| #\* | Integer Holdings <br> Corp.<br>| 70300 | 8879593 |
| \* | Integra LifeSciences <br> Holdings Corp.<br>| 56492 | 925904 |
| #\* | Intellia Therapeutics, <br> Inc.<br>| 83911 | 744291 |
| \* | Intuitive Surgical, Inc. | 103753 | 53515797 |
| #\* | Iovance <br> Biotherapeutics, <br> Inc.<br>| 16500 | 59235 |
| \* | IQVIA Holdings, Inc. | 133892 | 20762632 |
|  | iRadimed Corp. | 6081 | 318705 |
| \* | iTeos Therapeutics, <br> Inc.<br>| 50391 | 365335 |
| \* | Jasper Therapeutics, <br> Inc.<br>| 745 | 4090 |
| \* | Jazz Pharmaceuticals <br> PLC<br>| 39617 | 4633604 |
|  | Johnson & Johnson | 1296018 | 202580574 |
| \* | Joint Corp. | 33568 | 336016 |
| \* | KalVista <br> Pharmaceuticals, <br> Inc.<br>| 25388 | 349593 |
| \* | Kewaunee Scientific <br> Corp.<br>| 4457 | 141153 |
| \* | Kiniksa <br> Pharmaceuticals <br> International PLC<br>| 48443 | 1306508 |
| \* | Kodiak Sciences, Inc. | 2730 | 11903 |
| \* | Krystal Biotech, Inc. | 26932 | 4575208 |
| \* | Kura Oncology, Inc. | 31937 | 209507 |
| \* | Kymera Therapeutics, <br> Inc.<br>| 9770 | 334818 |
| # | Labcorp Holdings, <br> Inc.<br>| 92172 | 22214374 |
| #\* | Lantheus Holdings, <br> Inc.<br>| 115540 | 12055444 |
|  | LeMaitre Vascular, <br> Inc.<br>| 22375 | 2030308 |
| \* | LENSAR, Inc. | 23475 | 329824 |
| \* | LENZ Therapeutics, <br> Inc.<br>| 4214 | 120162 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | LifeStance Health <br> Group, Inc.<br>| 64947 | $426702 |
| \* | Ligand <br> Pharmaceuticals, <br> Inc.<br>| 37547 | 4124913 |
| \* | LivaNova PLC | 49448 | 1829576 |
| \* | MannKind Corp. | 160307 | 807947 |
| #\* | Masimo Corp. | 47812 | 7695820 |
| \* | MaxCyte, Inc. | 57887 | 164399 |
|  | McKesson Corp. | 65601 | 46759737 |
| #\* | Medpace Holdings, <br> Inc.<br>| 36494 | 11254385 |
|  | Medtronic PLC | 435456 | 36909251 |
| \* | MeiraGTx Holdings <br> PLC<br>| 24786 | 175733 |
|  | Merck & Co., Inc. | 1041340 | 88722168 |
| \* | Merit Medical <br> Systems, Inc.<br>| 85829 | 8106549 |
|  | Mesa Laboratories, <br> Inc.<br>| 3880 | 447170 |
| \* | Mettler-Toledo <br> International, Inc.<br>| 14178 | 15178541 |
| \* | MiMedx Group, Inc. | 9037 | 62175 |
| †† | Mirati Therapeutics, <br> Inc.<br>| 10076 | 30026 |
| #\* | Moderna, Inc. | 53417 | 1524521 |
| \* | Molina Healthcare, <br> Inc.<br>| 66098 | 21614707 |
| \* | Myriad Genetics, Inc. | 113652 | 842161 |
| \* | Natera, Inc. | 44565 | 6726195 |
|  | National HealthCare <br> Corp.<br>| 26864 | 2538379 |
|  | National Research <br> Corp.<br>| 16853 | 191450 |
| #\* | Neogen Corp. | 10337 | 52202 |
| #\* | NeoGenomics, Inc. | 160073 | 1023667 |
| \*» | Neoleukin <br> Therapeutics, Inc.<br>| 3638 | 0 |
| \* | Neurocrine <br> Biosciences, Inc.<br>| 51185 | 5512113 |
| \* | Nutex Health, Inc. | 576 | 63343 |
| \* | Olema <br> Pharmaceuticals, <br> Inc.<br>| 72069 | 371876 |
| \*» | OmniAb, Inc. <br> (2200963D US)<br>| 12217 | 0 |
| \*» | OmniAb, Inc. <br> (2200964D US)<br>| 12217 | 0 |
| #\* | OmniAb, Inc. (OABI <br> UQ)<br>| 128367 | 218224 |
| \* | Omnicell, Inc. | 36921 | 1154150 |
| \*†† | Opiant <br> Pharmaceuticals, <br> Inc.<br>| 3087 | 0 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | OptimizeRx Corp. | 1149 | $10479 |
| \* | Option Care Health, <br> Inc.<br>| 87266 | 2819564 |
| \* | Oramed <br> Pharmaceuticals, <br> Inc.<br>| 3131 | 7264 |
| \* | OraSure <br> Technologies, Inc.<br>| 103715 | 310108 |
| \* | Organogenesis <br> Holdings, Inc.<br>| 5753 | 28247 |
| # | Organon & Co. | 111988 | 1448005 |
| \* | ORIC <br> Pharmaceuticals, <br> Inc.<br>| 11220 | 64066 |
| \* | Orthofix Medical, Inc. | 2980 | 41452 |
| \* | OrthoPediatrics Corp. | 33988 | 707630 |
| \* | Owens & Minor, Inc. | 115519 | 815564 |
| \* | Pacira BioSciences, <br> Inc.<br>| 22534 | 606165 |
| #\*†† | PDL BioPharma, Inc. | 309383 | 160879 |
| \* | Pediatrix Medical <br> Group, Inc.<br>| 27298 | 351598 |
| \* | Pennant Group, Inc. | 34381 | 880841 |
| \* | Penumbra, Inc. | 20939 | 6131777 |
| \* | Performant <br> Healthcare, Inc.<br>| 21017 | 49600 |
|  | Perrigo Co. PLC | 89511 | 2302223 |
| \* | Personalis, Inc. | 17005 | 64279 |
|  | Pfizer, Inc. | 2168568 | 52934745 |
|  | Phibro Animal Health <br> Corp., Class A<br>| 37294 | 694041 |
| †† | Poseida Therapeutics, <br> Inc.<br>| 24504 | 12252 |
| # | Premier, Inc., Class A | 123970 | 2522789 |
| \* | Prestige Consumer <br> Healthcare, Inc.<br>| 100129 | 8133479 |
| \* | Privia Health Group, <br> Inc.<br>| 6344 | 148957 |
| \* | Pro-Dex, Inc. | 7945 | 521828 |
| \* | Prothena Corp. PLC | 47579 | 437727 |
| \* | Pulmonx Corp. | 46138 | 222847 |
| \* | Puma Biotechnology, <br> Inc.<br>| 15715 | 49974 |
| \* | Quanterix Corp. | 14102 | 81228 |
|  | Quest Diagnostics, <br> Inc.<br>| 150731 | 26863279 |
| \* | QuidelOrtho Corp. | 40300 | 1119937 |
| \* | RadNet, Inc. | 72530 | 3799121 |
|  | Regeneron <br> Pharmaceuticals, <br> Inc.<br>| 43282 | 25915530 |
| \* | REGENXBIO, Inc. | 568 | 5458 |
| \* | Repligen Corp. | 40491 | 5587353 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Replimune Group, <br> Inc.<br>| 19995 | $195551 |
| # | ResMed, Inc. | 80564 | 19060637 |
| # | Revvity, Inc. | 108323 | 10120618 |
| \* | Rigel <br> Pharmaceuticals, <br> Inc.<br>| 435 | 8509 |
| #\* | Roivant Sciences Ltd. | 223773 | 2600242 |
|  | Royalty Pharma PLC, <br> Class A<br>| 91010 | 2986948 |
| \* | RxSight, Inc. | 14193 | 208921 |
| \* | Sarepta Therapeutics, <br> Inc.<br>| 54677 | 3411845 |
|  | Select Medical <br> Holdings Corp.<br>| 258281 | 4711045 |
| #\* | Semler Scientific, Inc. | 11931 | 385729 |
| \* | Sensus Healthcare, <br> Inc.<br>| 11506 | 49476 |
| #\* | SI-BONE, Inc. | 4536 | 61916 |
|  | SIGA Technologies, <br> Inc.<br>| 104307 | 575775 |
| \* | Sight Sciences, Inc. | 34102 | 104011 |
| # | Simulations Plus, Inc. | 16456 | 565264 |
| \* | Solid Biosciences, <br> Inc.<br>| 9317 | 30839 |
| \* | Solventum Corp. | 58329 | 3856713 |
| #\* | Sotera Health Co. | 64717 | 744246 |
| #\* | STAAR Surgical Co. | 40207 | 734180 |
|  | STERIS PLC | 80675 | 18130899 |
|  | Stryker Corp. | 133119 | 49775856 |
| #\* | Summit Therapeutics, <br> Inc.<br>| 24137 | 582184 |
| \* | Supernus <br> Pharmaceuticals, <br> Inc.<br>| 114906 | 3732147 |
| #\* | Surgery Partners, Inc. | 79507 | 1745179 |
| \* | Surmodics, Inc. | 21948 | 614763 |
| \* | Tactile Systems <br> Technology, Inc.<br>| 41837 | 590738 |
| \* | Talkspace, Inc. | 25409 | 78006 |
| \* | Tectonic Therapeutic, <br> Inc.<br>| 112 | 2336 |
| \* | Teladoc Health, Inc. | 115488 | 830359 |
|  | Teleflex, Inc. | 36897 | 5056734 |
| \* | Tenet Healthcare <br> Corp.<br>| 162661 | 23252390 |
| \* | Terns <br> Pharmaceuticals, <br> Inc.<br>| 90713 | 299353 |
| \* | Theravance <br> Biopharma, Inc.<br>| 43321 | 423246 |
|  | Thermo Fisher <br> Scientific, Inc.<br>| 138610 | 59463690 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Third Harmonic Bio, <br> Inc.<br>| 1616 | $8355 |
| \* | TransMedics Group, <br> Inc.<br>| 2135 | 196441 |
| \* | Trevi Therapeutics, <br> Inc.<br>| 8010 | 55349 |
| \* | TruBridge, Inc. | 1910 | 49717 |
| \* | TScan Therapeutics, <br> Inc.<br>| 731 | 1173 |
|  | U.S. Physical <br> Therapy, Inc.<br>| 19298 | 1372281 |
| #\* | UFP Technologies, <br> Inc.<br>| 11144 | 2323970 |
| \* | United Therapeutics <br> Corp.<br>| 56215 | 17038204 |
|  | UnitedHealth Group, <br> Inc.<br>| 394905 | 162479713 |
|  | Universal Health <br> Services, Inc., <br> Class B<br>| 103424 | 18313288 |
|  | Utah Medical <br> Products, Inc.<br>| 5390 | 278933 |
| \* | Vanda <br> Pharmaceuticals, <br> Inc.<br>| 36602 | 165075 |
| \* | Varex Imaging Corp. | 47038 | 391356 |
| \* | Veeva Systems, Inc., <br> Class A<br>| 48960 | 11441462 |
| \* | Veracyte, Inc. | 147244 | 4490942 |
| #\* | Vericel Corp. | 21403 | 813742 |
| \* | Vertex <br> Pharmaceuticals, <br> Inc.<br>| 84728 | 43168916 |
|  | Viatris, Inc. | 540186 | 4548366 |
| \* | Vir Biotechnology, <br> Inc.<br>| 4291 | 26261 |
| \* | Voyager Therapeutics, <br> Inc.<br>| 55314 | 196918 |
| \* | Waters Corp. | 51456 | 17892795 |
|  | West Pharmaceutical <br> Services, Inc.<br>| 49175 | 10390186 |
| \* | XBiotech, Inc. | 1680 | 5107 |
| \* | Xencor, Inc. | 83122 | 916004 |
| \* | XOMA Royalty Corp. | 803 | 19304 |
|  | Zimmer Biomet <br> Holdings, Inc.<br>| 95864 | 9878785 |
| \* | Zimvie, Inc. | 30030 | 272072 |
|  | Zoetis, Inc. | 257028 | 40199179 |
| \* | Zymeworks, Inc. | 62006 | 806698 |
| TOTAL HEALTH CARE | TOTAL HEALTH CARE |  | 3132617151 |
| INDUSTRIALS — (11.9%) | INDUSTRIALS — (11.9%) | INDUSTRIALS — (11.9%) | INDUSTRIALS — (11.9%) |
| \* | 3D Systems Corp. | 1500 | 2760 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | 3M Co. | 233316 | $32409926 |
|  | A.O. Smith Corp. | 194336 | 13187641 |
|  | AAON, Inc. | 103243 | 9422989 |
| \* | AAR Corp. | 88516 | 4732065 |
|  | ABM Industries, Inc. | 129940 | 6333276 |
|  | ACCO Brands Corp. | 134644 | 519726 |
|  | Acme United Corp. | 4368 | 168255 |
|  | Acuity, Inc. | 51134 | 12456754 |
| \* | ACV Auctions, Inc., <br> Class A<br>| 104953 | 1541760 |
| # | Advanced Drainage <br> Systems, Inc.<br>| 119804 | 13596556 |
|  | AECOM | 151570 | 14952380 |
| #\* | AeroVironment, Inc. | 25463 | 3858154 |
|  | AGCO Corp. | 150039 | 12727808 |
|  | Air Lease Corp. | 238354 | 11145433 |
|  | Alamo Group, Inc. | 22524 | 3761058 |
| \* | Alaska Air Group, Inc. | 131785 | 5834122 |
|  | Albany International <br> Corp., Class A<br>| 55813 | 3670263 |
| # | Alight, Inc., Class A | 119722 | 611779 |
|  | Allegiant Travel Co. | 10567 | 495909 |
|  | Allegion PLC | 89351 | 12437659 |
|  | Allient, Inc. | 23504 | 501810 |
|  | Allison Transmission <br> Holdings, Inc.<br>| 216026 | 19926238 |
| \* | Alpha Pro Tech Ltd. | 8900 | 38982 |
| \* | Amentum Holdings, <br> Inc.<br>| 91834 | 2003818 |
| #\* | Ameresco, Inc., <br> Class A<br>| 47986 | 510091 |
| \* | American Airlines <br> Group, Inc.<br>| 270789 | 2694351 |
| \* | American <br> Superconductor <br> Corp.<br>| 41390 | 821591 |
| \* | American Woodmark <br> Corp.<br>| 29709 | 1752831 |
|  | AMETEK, Inc. | 189073 | 32062999 |
| \* | API Group Corp. | 100546 | 3803655 |
|  | Apogee Enterprises, <br> Inc.<br>| 49724 | 1972551 |
|  | Applied Industrial <br> Technologies, Inc.<br>| 57467 | 13980572 |
|  | ArcBest Corp. | 41022 | 2400607 |
| # | Arcosa, Inc. | 92098 | 7374287 |
|  | Argan, Inc. | 26464 | 4052432 |
|  | Armstrong World <br> Industries, Inc.<br>| 76104 | 11036602 |
|  | Astec Industries, Inc. | 24248 | 878505 |
| #\* | Astronics Corp. <br> (ATRO US)<br>| 32863 | 745661 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| \* | Astronics Corp. <br> (ATROB US), <br> Class B<br>| 10587 | $240854 |
|  | Atkore, Inc. | 102243 | 6530260 |
|  | Atmus Filtration <br> Technologies, Inc.<br>| 17443 | 604749 |
|  | Automatic Data <br> Processing, Inc.<br>| 276991 | 83263495 |
| #\* | Avis Budget Group, <br> Inc.<br>| 47719 | 4420211 |
| \* | Axon Enterprise, Inc. | 28328 | 17373562 |
| \* | AZEK Co., Inc. | 143200 | 7096992 |
| # | AZZ, Inc. | 46235 | 4011349 |
|  | Barrett Business <br> Services, Inc.<br>| 40066 | 1625077 |
| \* | BGSF, Inc. | 17473 | 57661 |
| \* | BlackSky Technology, <br> Inc.<br>| 18273 | 152762 |
| \* | Blade Air Mobility, <br> Inc.<br>| 37079 | 98259 |
| \* | Bloom Energy Corp., <br> Class A<br>| 17475 | 320142 |
| #\* | Blue Bird Corp. | 34167 | 1191403 |
| #\* | BlueLinx Holdings, <br> Inc.<br>| 11441 | 745267 |
| \* | Boeing Co. | 293933 | 53860283 |
|  | Boise Cascade Co. | 96903 | 9039112 |
|  | Booz Allen Hamilton <br> Holding Corp.<br>| 115544 | 13867591 |
| \* | Bowman Consulting <br> Group Ltd.<br>| 1831 | 40502 |
|  | Brady Corp., Class A | 82315 | 5785921 |
| \* | BrightView Holdings, <br> Inc.<br>| 108328 | 1486260 |
|  | Brink's Co. | 62803 | 5604540 |
|  | Broadridge Financial <br> Solutions, Inc.<br>| 102088 | 24746131 |
| \* | Builders FirstSource, <br> Inc.<br>| 194534 | 23272102 |
|  | BWX Technologies, <br> Inc.<br>| 127681 | 13932551 |
| \* | Byrna Technologies, <br> Inc.<br>| 4544 | 101740 |
| #\* | CACI International, <br> Inc., Class A<br>| 36024 | 16494309 |
| \* | Cadeler AS (CDLR <br> US), ADR<br>| 25545 | 533124 |
| # | Cadre Holdings, Inc. | 22657 | 660452 |
| # | Carlisle Cos., Inc. | 46864 | 17783951 |
|  | Carrier Global Corp. | 471222 | 29470224 |
| \* | Casella Waste <br> Systems, Inc., <br> Class A<br>| 18527 | 2175996 |
|  | Caterpillar, Inc. | 414093 | 128066542 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| #\* | CBIZ, Inc. | 30633 | $2086107 |
| \* | CECO Environmental <br> Corp.<br>| 67908 | 1615531 |
|  | CH Robinson <br> Worldwide, Inc.<br>| 109709 | 9788237 |
| #\* | Chart Industries, Inc. | 36180 | 4883576 |
|  | Chicago Rivet & <br> Machine Co.<br>| 474 | 6280 |
| \* | Cimpress PLC | 21700 | 911834 |
|  | Cintas Corp. | 202932 | 42956646 |
|  | Civeo Corp. | 18717 | 355436 |
| #\* | Clarivate PLC | 106393 | 458554 |
| \* | Clean Harbors, Inc. | 104566 | 22370850 |
|  | CNH Industrial NV | 456957 | 5286992 |
|  | Columbus McKinnon <br> Corp.<br>| 38390 | 570091 |
|  | Comfort Systems <br> USA, Inc.<br>| 49547 | 19697410 |
| \* | Commercial Vehicle <br> Group, Inc.<br>| 25949 | 24919 |
|  | CompX International, <br> Inc.<br>| 5126 | 139427 |
|  | Concentrix Corp. | 2331 | 119021 |
|  | Concrete Pumping <br> Holdings, Inc.<br>| 40204 | 241224 |
| \* | Conduent, Inc. | 280214 | 591252 |
| #\* | Construction Partners, <br> Inc., Class A<br>| 56939 | 4676969 |
|  | Copa Holdings SA, <br> Class A<br>| 16826 | 1543954 |
| \* | Copart, Inc. | 303332 | 18512352 |
| \* | Core & Main, Inc., <br> Class A<br>| 74647 | 3932404 |
| #†† | Costa <br> Communications, <br> Inc.<br>| 5421 | 813 |
|  | Costamare, Inc. | 249679 | 2329505 |
|  | Covenant Logistics <br> Group, Inc.<br>| 75820 | 1508818 |
| \*» | CPI Aerostructures, <br> Inc.<br>| 14667 | 47228 |
|  | CRA International, <br> Inc.<br>| 13210 | 2142662 |
|  | Crane Co. | 83037 | 13367296 |
|  | CSG Systems <br> International, Inc.<br>| 64356 | 3869726 |
| # | CSW Industrials, Inc. | 23454 | 7328906 |
|  | CSX Corp. | 1409800 | 39573086 |
|  | Cummins, Inc. | 119761 | 35190572 |
|  | Curtiss-Wright Corp. | 58639 | 20224005 |
| \* | Dayforce, Inc. | 23644 | 1368278 |
|  | Deere & Co. | 187054 | 86710752 |
|  | Delta Air Lines, Inc. | 567330 | 23617948 |
| # | Deluxe Corp. | 52665 | 768909 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| \* | Distribution Solutions <br> Group, Inc.<br>| 37916 | $987333 |
| \* | DLH Holdings Corp. | 17762 | 69982 |
| \* | DNOW, Inc. | 151915 | 2410891 |
|  | Donaldson Co., Inc. | 207319 | 13627078 |
|  | Douglas Dynamics, <br> Inc.<br>| 48640 | 1166387 |
|  | Dover Corp. | 119770 | 20438750 |
| \* | Driven Brands <br> Holdings, Inc.<br>| 16856 | 278461 |
| \* | Ducommun, Inc. | 28679 | 1643880 |
|  | Dun & Bradstreet <br> Holdings, Inc.<br>| 211257 | 1894975 |
| \* | DXP Enterprises, Inc. | 26884 | 2378159 |
| \* | Dycom Industries, <br> Inc.<br>| 60662 | 10163918 |
|  | Eastern Co. | 10629 | 223103 |
|  | Eaton Corp. PLC | 173614 | 51106753 |
|  | EMCOR Group, Inc. | 44764 | 17936935 |
|  | Emerson Electric Co. | 239422 | 25165646 |
| \* | Energy Recovery, Inc. | 49890 | 770800 |
|  | Enerpac Tool Group <br> Corp.<br>| 85181 | 3438757 |
|  | EnerSys | 77446 | 6706824 |
|  | Ennis, Inc. | 51269 | 920279 |
|  | Enpro, Inc. | 42864 | 6403882 |
| #\* | Enviri Corp. | 163118 | 1120621 |
|  | Equifax, Inc. | 63541 | 16528920 |
|  | Esab Corp. | 71141 | 8545457 |
|  | ESCO Technologies, <br> Inc.<br>| 44193 | 6913995 |
|  | Espey Mfg. & <br> Electronics Corp.<br>| 1489 | 45802 |
| \* | Everus Construction <br> Group, Inc.<br>| 89582 | 3604780 |
|  | EVI Industries, Inc. | 100 | 1613 |
| \* | ExlService Holdings, <br> Inc.<br>| 218481 | 10591959 |
|  | Expeditors <br> International of <br> Washington, Inc.<br>| 196051 | 21547965 |
|  | Exponent, Inc. | 59149 | 4653843 |
|  | Fastenal Co. | 480300 | 38889891 |
|  | Federal Signal Corp. | 96765 | 7879574 |
|  | FedEx Corp. | 212504 | 44695966 |
|  | Ferguson Enterprises, <br> Inc.<br>| 158657 | 26917747 |
| \* | First Advantage Corp. | 19653 | 277107 |
|  | Flowserve Corp. | 106406 | 4812743 |
| #\* | Fluence Energy, Inc. | 2540 | 10389 |
| \* | Fluor Corp. | 119351 | 4164156 |
| \* | Forrester Research, <br> Inc.<br>| 5202 | 48639 |
|  | Fortive Corp. | 206263 | 14374468 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Fortune Brands <br> Innovations, Inc.<br>| 207941 | $11191385 |
| \* | Franklin Covey Co. | 22780 | 462662 |
|  | Franklin Electric Co., <br> Inc.<br>| 82295 | 6991783 |
| \* | FreightCar America, <br> Inc.<br>| 4172 | 24114 |
| # | FTAI Aviation Ltd. | 27149 | 2907929 |
| # | FTAI Infrastructure, <br> Inc.<br>| 128297 | 554243 |
| \* | FTI Consulting, Inc. | 64114 | 10660876 |
| \* | Gates Industrial Corp. <br> PLC<br>| 82399 | 1558989 |
|  | GATX Corp. | 71539 | 10441832 |
|  | GE Vernova, Inc. | 87657 | 32504969 |
| # | Genco Shipping & <br> Trading Ltd.<br>| 78734 | 1020393 |
| \* | Gencor Industries, <br> Inc.<br>| 20578 | 261135 |
| \* | Generac Holdings, <br> Inc.<br>| 65769 | 7522658 |
|  | General Dynamics <br> Corp.<br>| 131153 | 35689354 |
|  | General Electric Co. | 350629 | 70665769 |
|  | Genpact Ltd. | 294805 | 14816899 |
| \* | Gibraltar Industries, <br> Inc.<br>| 61179 | 3239428 |
|  | Global Industrial Co. | 46072 | 1183129 |
| \* | GMS, Inc. | 79138 | 5797650 |
|  | Gorman-Rupp Co. | 52284 | 1874904 |
|  | Graco, Inc. | 126975 | 10362430 |
| \* | Graham Corp. | 18683 | 569458 |
| # | Granite Construction, <br> Inc.<br>| 59139 | 4807409 |
| \* | Great Lakes Dredge & <br> Dock Corp.<br>| 207363 | 1884930 |
| # | Greenbrier Cos., Inc. | 61999 | 2629998 |
|  | Griffon Corp. | 91559 | 6236083 |
| #\* | GXO Logistics, Inc. | 179805 | 6516133 |
|  | H&E Equipment <br> Services, Inc.<br>| 94152 | 8455791 |
| \* | Hayward Holdings, <br> Inc.<br>| 77016 | 1026623 |
| \* | Healthcare Services <br> Group, Inc.<br>| 7422 | 105467 |
|  | Heartland Express, <br> Inc.<br>| 29435 | 223706 |
|  | HEICO Corp. (HEI <br> US)<br>| 28816 | 7225900 |
|  | HEICO Corp. (HEIA <br> US), Class A<br>| 47921 | 9628767 |
|  | Heidrick & Struggles <br> International, Inc.<br>| 45773 | 1786062 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Helios Technologies, <br> Inc.<br>| 41656 | $1135543 |
| # | Herc Holdings, Inc. | 73288 | 8020639 |
|  | Hexcel Corp. | 121491 | 5888669 |
|  | Hillenbrand, Inc. | 85561 | 1730899 |
| \* | Hillman Solutions <br> Corp.<br>| 106790 | 746462 |
|  | HireQuest, Inc. | 1136 | 11678 |
|  | HNI Corp. | 78740 | 3330702 |
|  | Honeywell <br> International, Inc.<br>| 366579 | 77164879 |
| # | Howmet Aerospace, <br> Inc.<br>| 275848 | 38227016 |
|  | Hub Group, Inc., <br> Class A<br>| 143578 | 4535629 |
|  | Hubbell, Inc. | 53722 | 19510756 |
| \* | Hudson Global, Inc. | 9838 | 99069 |
| \* | Hudson Technologies, <br> Inc.<br>| 62821 | 420272 |
|  | Huntington Ingalls <br> Industries, Inc.<br>| 68152 | 15698132 |
|  | Hurco Cos., Inc. | 6927 | 115542 |
| \* | Huron Consulting <br> Group, Inc.<br>| 44531 | 6002333 |
|  | Hyster-Yale, Inc. | 19671 | 755957 |
| \* | IBEX Holdings Ltd. | 825 | 20658 |
|  | ICF International, Inc. | 35088 | 2981076 |
|  | IDEX Corp. | 54755 | 9525727 |
| #\* | IES Holdings, Inc. | 14562 | 2864054 |
| # | Illinois Tool Works, <br> Inc.<br>| 209372 | 50230437 |
|  | Ingersoll Rand, Inc. | 296216 | 22343573 |
| \* | Innovative Solutions & <br> Support, Inc.<br>| 18819 | 126840 |
| # | Insperity, Inc. | 50138 | 3259471 |
|  | Insteel Industries, Inc. | 29887 | 1013468 |
|  | Interface, Inc. | 131102 | 2464718 |
|  | ITT, Inc. | 126487 | 17331249 |
|  | Jacobs Solutions, Inc. | 91834 | 11369049 |
| \* | Janus International <br> Group, Inc.<br>| 118546 | 815596 |
|  | JB Hunt Transport <br> Services, Inc.<br>| 113434 | 14812212 |
| \* | JELD-WEN Holding, <br> Inc.<br>| 48179 | 265948 |
| #\* | JetBlue Airways Corp. | 804936 | 3509521 |
|  | Johnson Controls <br> International PLC<br>| 429175 | 36007782 |
| # | Kadant, Inc. | 18247 | 5382865 |
|  | Karat Packaging, Inc. | 2625 | 69247 |
|  | KBR, Inc. | 259174 | 13686979 |
|  | Kelly Services, Inc., <br> Class A<br>| 39368 | 454700 |
|  | Kennametal, Inc. | 94764 | 1846003 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Kforce, Inc. | 50373 | $1924249 |
| \* | Kirby Corp. | 99845 | 9622063 |
|  | Knight-Swift <br> Transportation <br> Holdings, Inc.<br>| 278609 | 10913115 |
|  | Korn Ferry | 108293 | 6681678 |
| #\* | Kratos Defense & <br> Security Solutions, <br> Inc.<br>| 224693 | 7591253 |
| \* | L.B. Foster Co., <br> Class A<br>| 21327 | 425900 |
|  | L3Harris <br> Technologies, Inc.<br>| 112435 | 24737949 |
|  | Landstar System, Inc. | 59376 | 7965290 |
|  | Leidos Holdings, Inc. | 106633 | 15694245 |
|  | Lennox International, <br> Inc.<br>| 30964 | 16929567 |
|  | Leonardo DRS, Inc. | 4999 | 184763 |
| #\* | Limbach Holdings, <br> Inc.<br>| 15309 | 1465684 |
|  | Lincoln Electric <br> Holdings, Inc.<br>| 82478 | 14532624 |
|  | Lindsay Corp. | 18341 | 2367089 |
| \* | Liquidity Services, <br> Inc.<br>| 63454 | 2016568 |
|  | Lockheed Martin <br> Corp.<br>| 186232 | 88972338 |
|  | LSI Industries, Inc. | 60412 | 911617 |
|  | Luxfer Holdings PLC | 30675 | 330063 |
| \* | Lyft, Inc., Class A | 89375 | 1108250 |
| \* | Manitowoc Co., Inc. | 57967 | 456780 |
|  | ManpowerGroup, Inc. | 59507 | 2562966 |
|  | Marten Transport Ltd. | 175620 | 2254961 |
|  | Masco Corp. | 170498 | 10333884 |
| \* | MasTec, Inc. | 122971 | 15656668 |
| \* | Mastech Digital, Inc. | 14713 | 108288 |
| \* | Masterbrand, Inc. | 242798 | 2949996 |
| \* | Matrix Service Co. | 46200 | 535920 |
|  | Matson, Inc. | 80684 | 8801818 |
| # | Matthews International <br> Corp., Class A<br>| 37895 | 774953 |
|  | Maximus, Inc. | 96742 | 6477844 |
| \* | Mayville Engineering <br> Co., Inc.<br>| 34384 | 439428 |
|  | McGrath RentCorp | 9858 | 1051553 |
| \* | Mercury Systems, <br> Inc.<br>| 69899 | 3494950 |
| \* | Middleby Corp. | 87998 | 11734533 |
| # | Miller Industries, Inc. | 15332 | 625699 |
|  | MillerKnoll, Inc. | 74142 | 1215929 |
| \* | Mistras Group, Inc. | 24943 | 227480 |
| \* | Montrose <br> Environmental <br> Group, Inc.<br>| 14614 | 213803 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Moog, Inc., Class A | 60150 | $10060087 |
| \* | MRC Global, Inc. | 107016 | 1246736 |
|  | MSA Safety, Inc. | 50384 | 7931449 |
| # | MSC Industrial Direct <br> Co., Inc., Class A<br>| 56744 | 4339781 |
|  | Mueller Industries, <br> Inc.<br>| 186280 | 13702757 |
| # | Mueller Water <br> Products, Inc., <br> Class A<br>| 244319 | 6410931 |
| \* | MYR Group, Inc. | 27991 | 3423859 |
|  | National Presto <br> Industries, Inc.<br>| 12435 | 1048892 |
|  | NL Industries, Inc. | 249437 | 2140169 |
|  | Nordson Corp. | 47563 | 9016518 |
|  | Norfolk Southern <br> Corp.<br>| 156816 | 35134625 |
|  | Northrop Grumman <br> Corp.<br>| 65021 | 31632716 |
| \* | Northwest Pipe Co. | 20413 | 864695 |
| \* | NV5 Global, Inc. | 80842 | 1499619 |
|  | nVent Electric PLC | 252046 | 13839846 |
|  | Old Dominion Freight <br> Line, Inc.<br>| 110631 | 16957520 |
|  | Omega Flex, Inc. | 9191 | 275362 |
| \* | OPENLANE, Inc. | 240842 | 4457985 |
| \* | Optex Systems <br> Holdings, Inc.<br>| 1457 | 9296 |
| \* | Orion Group Holdings, <br> Inc.<br>| 49180 | 314260 |
|  | Oshkosh Corp. | 114146 | 9560869 |
|  | Otis Worldwide Corp. | 270834 | 26073189 |
|  | Owens Corning | 166589 | 24223706 |
|  | PACCAR, Inc. | 419228 | 37818558 |
| \* | PAMT Corp. | 39056 | 545612 |
|  | Pangaea Logistics <br> Solutions Ltd.<br>| 62914 | 253543 |
|  | Park Aerospace Corp. | 19658 | 256930 |
|  | Parker-Hannifin Corp. | 77306 | 46774768 |
|  | Park-Ohio Holdings <br> Corp.<br>| 28070 | 558874 |
| \* | Parsons Corp. | 59159 | 3955371 |
|  | Paychex, Inc. | 207898 | 30585954 |
|  | Paycom Software, <br> Inc.<br>| 37876 | 8574748 |
| \* | Paylocity Holding <br> Corp.<br>| 36804 | 7070048 |
|  | Pentair PLC | 274046 | 24864194 |
| \* | Perma-Fix <br> Environmental <br> Services, Inc.<br>| 9203 | 75465 |
| \* | Perma-Pipe <br> International <br> Holdings, Inc.<br>| 8588 | 103056 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| # | Powell Industries, Inc. | 21390 | $3916723 |
| #\* | Power Solutions <br> International, Inc.<br>| 1620 | 40856 |
|  | Preformed Line <br> Products Co.<br>| 10405 | 1429335 |
|  | Primoris Services <br> Corp.<br>| 116711 | 6999159 |
| \* | Proto Labs, Inc. | 41793 | 1469442 |
| #\* | Pursuit Attractions & <br> Hospitality, Inc.<br>| 24119 | 706445 |
|  | Quad/Graphics, Inc. | 93659 | 446753 |
| # | Quanex Building <br> Products Corp.<br>| 52260 | 859154 |
|  | Quanta Services, Inc. | 100548 | 29429394 |
| \* | Quest Resource <br> Holding Corp.<br>| 8339 | 19680 |
| \* | Radiant Logistics, Inc. | 88175 | 515824 |
| \* | RBC Bearings, Inc. | 30704 | 10088413 |
| \* | RCM Technologies, <br> Inc.<br>| 10846 | 189154 |
|  | Regal Rexnord Corp. | 116184 | 12296915 |
|  | Republic Services, <br> Inc.<br>| 127644 | 32006733 |
| \* | Resideo Technologies, <br> Inc.<br>| 217232 | 3645153 |
|  | Resources <br> Connection, Inc.<br>| 15303 | 87763 |
|  | REV Group, Inc. | 106419 | 3479901 |
| # | Robert Half, Inc. | 161650 | 7161095 |
| #\* | Rocket Lab USA, Inc. | 74352 | 1620130 |
|  | Rockwell Automation, <br> Inc.<br>| 89876 | 22260488 |
|  | Rollins, Inc. | 285473 | 16309072 |
|  | RTX Corp. | 782005 | 98634291 |
| # | Rush Enterprises, Inc. <br> (RUSHA US), <br> Class A<br>| 140827 | 7180769 |
|  | Rush Enterprises, Inc. <br> (RUSHB US), <br> Class B<br>| 13189 | 762852 |
| #\* | RXO, Inc. | 167331 | 2357694 |
|  | Ryder System, Inc. | 118409 | 16301367 |
| \* | Saia, Inc. | 23182 | 5656408 |
| # | Schneider National, <br> Inc., Class B<br>| 110903 | 2383305 |
|  | Science Applications <br> International Corp.<br>| 108019 | 13073540 |
|  | Sensata Technologies <br> Holding PLC<br>| 129133 | 2763446 |
|  | Shyft Group, Inc. | 43589 | 368763 |
| \* | SIFCO Industries, <br> Inc.<br>| 3251 | 8615 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Simpson <br> Manufacturing Co., <br> Inc.<br>| 77914 | $11974603 |
| \* | SiteOne Landscape <br> Supply, Inc.<br>| 61370 | 7045890 |
| \* | SkyWest, Inc. | 83553 | 7450421 |
|  | Snap-on, Inc. | 60102 | 18860609 |
| # | Southwest Airlines <br> Co.<br>| 534671 | 14949401 |
| \* | SPX Technologies, <br> Inc.<br>| 71950 | 9652092 |
|  | SS&C Technologies <br> Holdings, Inc.<br>| 215748 | 16310549 |
|  | Standex International <br> Corp.<br>| 19680 | 2783146 |
|  | Stanley Black & <br> Decker, Inc.<br>| 127459 | 7650089 |
|  | Steelcase, Inc., <br> Class A<br>| 102352 | 1015332 |
| \* | Sterling Infrastructure, <br> Inc.<br>| 47819 | 7145593 |
| \* | Stratasys Ltd. | 123092 | 1161988 |
| #\* | Sunrun, Inc. | 191240 | 1317644 |
| #\* | Symbotic, Inc. | 5013 | 108181 |
| #\* | TaskUS, Inc., Class A | 41945 | 585552 |
| \* | Taylor Devices, Inc. | 3116 | 99400 |
| # | Tecnoglass, Inc. | 66255 | 4721994 |
|  | Tennant Co. | 30058 | 2168985 |
| # | Terex Corp. | 123201 | 4336675 |
|  | Tetra Tech, Inc. | 376514 | 11743472 |
|  | Textron, Inc. | 189605 | 13342504 |
| \* | Thermon Group <br> Holdings, Inc.<br>| 71953 | 1887327 |
| # | Timken Co. | 134735 | 8656724 |
| \* | Titan International, <br> Inc.<br>| 95454 | 701587 |
| \* | Titan Machinery, Inc. | 30741 | 509993 |
|  | Toro Co. | 146545 | 10006093 |
|  | Trane Technologies <br> PLC<br>| 106912 | 40980439 |
| #\* | Transcat, Inc. | 14702 | 1166310 |
|  | TransDigm Group, <br> Inc.<br>| 25806 | 36465684 |
|  | TransUnion | 154848 | 12846190 |
| #\* | Trex Co., Inc. | 133578 | 7723480 |
|  | TriNet Group, Inc. | 59805 | 4684526 |
|  | Trinity Industries, Inc. | 203807 | 5115556 |
| \* | Triumph Group, Inc. | 1457 | 37008 |
| \* | TrueBlue, Inc. | 25723 | 111638 |
| \* | Tutor Perini Corp. | 107309 | 2302851 |
|  | Twin Disc, Inc. | 6300 | 46242 |
| \* | Uber Technologies, <br> Inc.<br>| 416151 | 33712392 |
|  | UFP Industries, Inc. | 106963 | 10573293 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| #\* | U-Haul Holding Co. <br> (UHAL US)<br>| 30210 | $1854592 |
|  | U-Haul Holding Co. <br> (UHAL/B US)<br>| 282425 | 15476890 |
| \* | Ultralife Corp. | 46900 | 210112 |
|  | UniFirst Corp. | 27757 | 4953792 |
|  | Union Pacific Corp. | 372724 | 80381658 |
| \* | United Airlines <br> Holdings, Inc.<br>| 370452 | 25494507 |
|  | United Parcel Service, <br> Inc., Class B<br>| 410144 | 39086723 |
|  | United Rentals, Inc. | 93544 | 59068359 |
| # | Universal Logistics <br> Holdings, Inc.<br>| 59856 | 1301269 |
| \* | Upwork, Inc. | 95228 | 1252248 |
| \* | V2X, Inc. | 12067 | 600454 |
|  | Valmont Industries, <br> Inc.<br>| 36986 | 10845035 |
|  | Veralto Corp. | 83202 | 7979072 |
|  | Verisk Analytics, Inc. | 122864 | 36420576 |
| \* | Verra Mobility Corp. | 183715 | 4004987 |
|  | Vertiv Holdings Co., <br> Class A<br>| 140784 | 12020138 |
|  | Vestis Corp. | 5527 | 48417 |
| \* | Vicor Corp. | 27067 | 1080109 |
|  | Virco Mfg. Corp. | 24607 | 226138 |
| \* | VirTra, Inc. | 9035 | 42284 |
| # | VSE Corp. | 30131 | 3450602 |
|  | Wabash National <br> Corp.<br>| 54393 | 375856 |
|  | Waste Management, <br> Inc.<br>| 314321 | 73349949 |
| # | Watsco, Inc. (WSO <br> US)<br>| 24193 | 11124909 |
| » | Watsco, Inc. (WSO/B <br> US), Class B<br>| 2268 | 1014272 |
|  | Watts Water <br> Technologies, Inc., <br> Class A<br>| 42577 | 8845372 |
| # | Werner Enterprises, <br> Inc.<br>| 154083 | 3799687 |
|  | WESCO International, <br> Inc.<br>| 72551 | 11822911 |
|  | Westinghouse Air <br> Brake Technologies <br> Corp.<br>| 143318 | 26476567 |
| \* | Wilhelmina <br> International, Inc.<br>| 584 | 2015 |
| \* | Willdan Group, Inc. | 21445 | 840644 |
|  | Willis Lease Finance <br> Corp.<br>| 4420 | 683862 |
|  | WillScot Holdings <br> Corp.<br>| 418008 | 10500361 |
|  | Woodward, Inc. | 93629 | 17561992 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Worthington <br> Enterprises, Inc.<br>| 83258 | $4215353 |
|  | WW Grainger, Inc. | 42192 | 43217688 |
| \* | Xometry, Inc., <br> Class A<br>| 4855 | 124482 |
| \* | XPO, Inc. | 171972 | 18249669 |
|  | Xylem, Inc. | 153784 | 18541737 |
| # | Zurn Elkay Water <br> Solutions Corp.<br>| 64926 | 2204887 |
| TOTAL INDUSTRIALS | TOTAL INDUSTRIALS |  | 4026921442 |
| INFORMATION TECHNOLOGY — (23.5%) | INFORMATION TECHNOLOGY — (23.5%) | INFORMATION TECHNOLOGY — (23.5%) | INFORMATION TECHNOLOGY — (23.5%) |
|  | A10 Networks, Inc. | 67577 | 1113669 |
|  | Accenture PLC, <br> Class A<br>| 364034 | 108900771 |
| \* | ACCESS Newswire, <br> Inc.<br>| 306 | 2494 |
| \* | ACI Worldwide, Inc. | 198203 | 10576112 |
|  | Adeia, Inc. | 152409 | 1876155 |
| \* | Adobe, Inc. | 255487 | 95802515 |
|  | Advanced Energy <br> Industries, Inc.<br>| 52750 | 5138377 |
| \* | Advanced Micro <br> Devices, Inc.<br>| 555071 | 54036162 |
| \* | Agilysys, Inc. | 6220 | 462457 |
| \* | Akamai Technologies, <br> Inc.<br>| 148639 | 11977331 |
| \* | Alarm.com Holdings, <br> Inc.<br>| 47215 | 2530724 |
| #\* | Alkami Technology, <br> Inc.<br>| 57739 | 1541054 |
| \* | Allegro MicroSystems, <br> Inc.<br>| 4439 | 84652 |
| #\* | Alpha & Omega <br> Semiconductor Ltd.<br>| 72667 | 1368320 |
| \* | Ambarella, Inc. | 46093 | 2212003 |
|  | Amdocs Ltd. | 157917 | 13988288 |
|  | Amkor Technology, <br> Inc.<br>| 454930 | 7938528 |
|  | Amphenol Corp., <br> Class A<br>| 673826 | 51850911 |
| \* | Amtech Systems, Inc. | 18946 | 65364 |
|  | Analog Devices, Inc. | 193759 | 37767504 |
| \* | Appfolio, Inc., Class A | 5200 | 1073904 |
|  | Apple, Inc. | 7896460 | 1677997750 |
|  | Applied Materials, <br> Inc.<br>| 462303 | 69673685 |
| \* | AppLovin Corp., <br> Class A<br>| 96950 | 26109604 |
| \* | Arista Networks, Inc. | 344973 | 28380929 |
| \* | Arrow Electronics, <br> Inc.<br>| 106853 | 11899150 |
| \* | ASGN, Inc. | 85834 | 4324317 |
| \* | AstroNova, Inc. | 10455 | 86881 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | Atlassian Corp., <br> Class A<br>| 25965 | $5928069 |
| #\* | Aurora Innovation, <br> Inc.<br>| 511854 | 3705823 |
| \* | Autodesk, Inc. | 115623 | 31709608 |
| \* | AvePoint, Inc. | 75915 | 1241210 |
| \* | Aviat Networks, Inc. | 32122 | 564062 |
|  | Avnet, Inc. | 173801 | 8166909 |
| \* | Axcelis Technologies, <br> Inc.<br>| 53944 | 2642177 |
| \* | Backblaze, Inc., <br> Class A<br>| 2666 | 11730 |
|  | Badger Meter, Inc. | 34341 | 7583180 |
|  | Bel Fuse, Inc. (BELFA <br> US), Class A<br>| 1700 | 104380 |
|  | Bel Fuse, Inc. (BELFB <br> US), Class B<br>| 23581 | 1550922 |
|  | Belden, Inc. | 71701 | 7393090 |
|  | Benchmark <br> Electronics, Inc.<br>| 77510 | 2521400 |
|  | Bentley Systems, Inc., <br> Class B<br>| 96641 | 4154597 |
| \* | Bill Holdings, Inc. | 6766 | 308327 |
| \* | BK Technologies <br> Corp.<br>| 343 | 15305 |
| \* | Blackbaud, Inc. | 55258 | 3345319 |
| \* | BlackLine, Inc. | 9537 | 450432 |
| \* | Box, Inc., Class A | 136942 | 4275329 |
|  | Broadcom, Inc. | 1721064 | 331253188 |
| \* | Cadence Design <br> Systems, Inc.<br>| 95774 | 28515751 |
| \* | Calix, Inc. | 95431 | 3904082 |
| #\* | CCC Intelligent <br> Solutions Holdings, <br> Inc.<br>| 145575 | 1348024 |
|  | CDW Corp. | 121804 | 19556850 |
| #\* | Cerence, Inc. | 10895 | 98709 |
| \* | CEVA, Inc. | 54057 | 1416834 |
| \* | Ciena Corp. | 267152 | 17941928 |
| \* | Cipher Mining, Inc. | 17984 | 51254 |
| \* | Cirrus Logic, Inc. | 82425 | 7916097 |
|  | Cisco Systems, Inc. | 2518417 | 145388213 |
| # | Clear Secure, Inc., <br> Class A<br>| 32378 | 799089 |
| #\* | Clearfield, Inc. | 17732 | 508376 |
| \* | Clearwater Analytics <br> Holdings, Inc., <br> Class A<br>| 3189 | 72508 |
|  | Climb Global <br> Solutions, Inc.<br>| 4864 | 512666 |
| #\* | Cloudflare, Inc., <br> Class A<br>| 49127 | 5933559 |
| \* | Coda Octopus Group, <br> Inc.<br>| 10231 | 68548 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
|  | Cognex Corp. | 124354 | $3394864 |
|  | Cognizant Technology <br> Solutions Corp., <br> Class A<br>| 402209 | 29590516 |
| \* | Coherent Corp. | 169885 | 10927003 |
| \* | Cohu, Inc. | 62945 | 1007120 |
| \* | Commvault Systems, <br> Inc.<br>| 24105 | 4028669 |
| \* | Comtech <br> Telecommunications <br> Corp.<br>| 4547 | 6229 |
| \* | Consensus Cloud <br> Solutions, Inc.<br>| 18918 | 375711 |
|  | Corning, Inc. | 481047 | 21348866 |
| \* | CPI Card Group, Inc. | 1323 | 34583 |
| # | Crane NXT Co. | 98120 | 4603790 |
| \* | Credo Technology <br> Group Holding Ltd.<br>| 107108 | 4610999 |
| \* | Crexendo, Inc. | 2746 | 13538 |
| \* | Crowdstrike Holdings, <br> Inc., Class A<br>| 17999 | 7719231 |
| \* | CS Disco, Inc. | 20700 | 77211 |
|  | CSP, Inc. | 12078 | 200978 |
|  | CTS Corp. | 53770 | 2047562 |
| \* | CVD Equipment <br> Corp.<br>| 2900 | 8410 |
| \* | Daily Journal Corp. | 1718 | 651088 |
| \* | Daktronics, Inc. | 123811 | 1571162 |
| \* | Data I/O Corp. | 1413 | 3222 |
| \* | Data Storage Corp. | 608 | 2140 |
| \* | Datadog, Inc., <br> Class A<br>| 49790 | 5086546 |
|  | Dell Technologies, <br> Inc., Class C<br>| 155755 | 14292079 |
| \* | Diebold Nixdorf, Inc. | 5859 | 259729 |
| \* | Digi International, Inc. | 54308 | 1477178 |
| #\* | DigitalOcean <br> Holdings, Inc.<br>| 49273 | 1522536 |
| \* | Diodes, Inc. | 95808 | 3679027 |
| #\* | Docusign, Inc. | 144650 | 11825137 |
|  | Dolby Laboratories, <br> Inc., Class A<br>| 97283 | 7470362 |
| \* | Dropbox, Inc., <br> Class A<br>| 162534 | 4640346 |
| \* | DXC Technology Co. | 255501 | 3965376 |
| \* | Dynatrace, Inc. | 148647 | 6981950 |
| \* | E2open Parent <br> Holdings, Inc.<br>| 87689 | 172747 |
| \* | Eastman Kodak Co. | 30240 | 190210 |
| \* | eGain Corp. | 4291 | 22056 |
| \* | Elastic NV | 13888 | 1197146 |
| \* | Enphase Energy, Inc. | 63767 | 2843371 |
| # | Entegris, Inc. | 79964 | 6326752 |
| \* | EPAM Systems, Inc. | 33911 | 5320975 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | ePlus, Inc. | 40808 | $2544787 |
| \* | EverCommerce, Inc. | 9855 | 96185 |
| \* | Everspin <br> Technologies, Inc.<br>| 8104 | 42951 |
| \* | Evolv Technologies <br> Holdings, Inc.<br>| 4992 | 21915 |
| \* | Extreme Networks, <br> Inc.<br>| 46760 | 615362 |
| \* | F5, Inc. | 82667 | 21885262 |
| \* | Fabrinet | 54454 | 11166337 |
| \* | Fair Isaac Corp. | 14909 | 29664139 |
| \* | FARO Technologies, <br> Inc.<br>| 18628 | 547849 |
| #\* | First Solar, Inc. | 118308 | 14885513 |
| \* | Flex Ltd. | 870735 | 29901040 |
| \* | FormFactor, Inc. | 128485 | 3615568 |
| \* | Fortinet, Inc. | 361244 | 37482677 |
| \* | Franklin Wireless <br> Corp.<br>| 3741 | 18406 |
|  | Frequency <br> Electronics, Inc.<br>| 25787 | 479638 |
| \* | Freshworks, Inc., <br> Class A<br>| 97871 | 1445555 |
| \* | Gartner, Inc. | 60461 | 25458918 |
|  | Gen Digital, Inc. | 451910 | 11690912 |
| \* | Genasys, Inc. | 29336 | 62779 |
| #\* | Globant SA | 43191 | 5077966 |
| \* | GoDaddy, Inc., <br> Class A<br>| 107562 | 20257151 |
| \* | Grid Dynamics <br> Holdings, Inc.<br>| 74581 | 1056067 |
| \* | GSI Technology, Inc. | 33150 | 106743 |
| \* | Guidewire Software, <br> Inc.<br>| 61761 | 12646800 |
|  | Hackett Group, Inc. | 49776 | 1271279 |
| \* | Harmonic, Inc. | 198400 | 1781632 |
|  | Hewlett Packard <br> Enterprise Co.<br>| 1228466 | 19925718 |
|  | HP, Inc. | 735637 | 18810238 |
| \* | HubSpot, Inc. | 12544 | 7670656 |
| \* | I3 Verticals, Inc., <br> Class A<br>| 37499 | 941975 |
| \* | Ichor Holdings Ltd. | 42623 | 843083 |
| \* | Identiv, Inc. | 21759 | 72240 |
| #\* | indie Semiconductor, <br> Inc., Class A<br>| 2000 | 3980 |
| \* | Informatica, Inc., <br> Class A<br>| 24655 | 464254 |
|  | Information Services <br> Group, Inc.<br>| 35495 | 137721 |
| \* | Insight Enterprises, <br> Inc.<br>| 49344 | 6823288 |
| \* | Intapp, Inc. | 24353 | 1321394 |
|  | Intel Corp. | 1313750 | 26406375 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | Intellicheck, Inc. | 2198 | $5847 |
| # | InterDigital, Inc. | 52968 | 10646568 |
|  | International Business <br> Machines Corp.<br>| 582556 | 140873692 |
| \* | inTEST Corp. | 19860 | 123132 |
|  | Intuit, Inc. | 97315 | 61062243 |
| \* | IPG Photonics Corp. | 49707 | 2976952 |
| \* | Itron, Inc. | 88154 | 9810659 |
|  | Jabil, Inc. | 211804 | 31041994 |
| \* | Jamf Holding Corp. | 66741 | 772193 |
| \* | JFrog Ltd. | 127879 | 4318474 |
| \* | Key Tronic Corp. | 11279 | 27746 |
| \* | Keysight <br> Technologies, Inc.<br>| 145115 | 21099721 |
| \* | Kimball Electronics, <br> Inc.<br>| 33985 | 487345 |
|  | KLA Corp. | 90169 | 63360855 |
| \* | Klaviyo, Inc., Class A | 1111 | 33819 |
| \* | Knowles Corp. | 277435 | 4366827 |
|  | Kulicke & Soffa <br> Industries, Inc.<br>| 115108 | 3709931 |
| \* | KVH Industries, Inc. | 19953 | 101960 |
| \* | Kyndryl Holdings, Inc. | 211497 | 6856733 |
|  | Lam Research Corp. | 722090 | 51752190 |
| \* | Lantronix, Inc. | 49076 | 104532 |
| \* | Lattice Semiconductor <br> Corp.<br>| 85188 | 4168249 |
| \* | LGL Group, Inc. | 1687 | 11556 |
|  | Littelfuse, Inc. | 34587 | 6305556 |
| \* | LiveRamp Holdings, <br> Inc.<br>| 87372 | 2285652 |
| #\* | Lumentum Holdings, <br> Inc.<br>| 78730 | 4648219 |
| \* | MACOM Technology <br> Solutions Holdings, <br> Inc.<br>| 77730 | 8064487 |
| \* | Manhattan Associates, <br> Inc.<br>| 47679 | 8457778 |
| # | Marvell Technology, <br> Inc.<br>| 285379 | 16657572 |
| \* | MaxLinear, Inc. | 73139 | 730659 |
| \* | Meridianlink, Inc. | 24244 | 409966 |
|  | Methode Electronics, <br> Inc.<br>| 49012 | 307305 |
|  | Microchip Technology, <br> Inc.<br>| 340407 | 15685955 |
|  | Micron Technology, <br> Inc.<br>| 449454 | 34585485 |
|  | Microsoft Corp. | 3592999 | 1420168785 |
| \* | Mirion Technologies, <br> Inc.<br>| 110564 | 1744700 |
| \* | Mitek Systems, Inc. | 63750 | 527850 |
|  | MKS Instruments, <br> Inc.<br>| 18911 | 1326418 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| #\* | MongoDB, Inc. | 19934 | $3432037 |
|  | Monolithic Power <br> Systems, Inc.<br>| 20035 | 11882758 |
|  | Motorola Solutions, <br> Inc.<br>| 98334 | 43305310 |
| \* | M-Tron Industries, <br> Inc.<br>| 843 | 46761 |
| \* | N-able, Inc. | 119952 | 846861 |
|  | Napco Security <br> Technologies, Inc.<br>| 45988 | 1050826 |
| #\* | nCino, Inc. | 84745 | 1966084 |
| #\* | NCR Voyix Corp. | 135746 | 1163343 |
|  | NetApp, Inc. | 197406 | 17717188 |
| \* | NETGEAR, Inc. | 69474 | 1675713 |
| \* | NetScout Systems, <br> Inc.<br>| 66028 | 1387909 |
| \* | NetSol Technologies, <br> Inc.<br>| 3138 | 7782 |
| \* | nLight, Inc. | 69181 | 533385 |
| \* | Nortech Systems, Inc. | 1100 | 9713 |
| \* | Novanta, Inc. | 44308 | 5266449 |
| \* | Nutanix, Inc., Class A | 25045 | 1720591 |
|  | NVE Corp. | 5232 | 304032 |
|  | NVIDIA Corp. | 14069630 | 1532464031 |
|  | NXP Semiconductors <br> NV<br>| 112684 | 20768788 |
| \* | Okta, Inc. | 117692 | 13200335 |
| \* | Olo, Inc., Class A | 74106 | 459457 |
| \* | ON Semiconductor <br> Corp.<br>| 448097 | 17789451 |
| \* | ON24, Inc. | 65369 | 305927 |
| # | OneSpan, Inc. | 59145 | 879486 |
| \* | Onto Innovation, Inc. | 51133 | 6236692 |
| \* | Ooma, Inc. | 15345 | 187669 |
| \* | Optical Cable Corp. | 3696 | 11051 |
|  | Oracle Corp. | 840214 | 118234914 |
| #\* | OSI Systems, Inc. | 29417 | 6022837 |
| \* | Ouster, Inc. | 56446 | 419394 |
| \* | Palantir Technologies, <br> Inc., Class A<br>| 598388 | 70873075 |
| \* | Palo Alto Networks, <br> Inc.<br>| 176388 | 32972209 |
| \* | PAR Technology <br> Corp.<br>| 24163 | 1411119 |
|  | PC Connection, Inc. | 51001 | 3164102 |
| \* | PDF Solutions, Inc. | 51745 | 949521 |
|  | Pegasystems, Inc. | 50648 | 4663668 |
| #\* | Penguin Solutions, <br> Inc.<br>| 103326 | 1763775 |
| \* | Photronics, Inc. | 288781 | 5276029 |
| \* | Plexus Corp. | 46804 | 5730214 |
|  | Power Integrations, <br> Inc.<br>| 65169 | 3201101 |
| \* | Powerfleet, Inc. NJ | 89305 | 450097 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | Procore Technologies, <br> Inc.<br>| 45378 | $2908276 |
|  | Progress Software <br> Corp.<br>| 96220 | 5769351 |
| \* | PTC, Inc. | 70991 | 11001475 |
| \* | Pure Storage, Inc., <br> Class A<br>| 221099 | 10029051 |
| \* | Q2 Holdings, Inc. | 53900 | 4271575 |
| \* | Qorvo, Inc. | 111528 | 7993212 |
|  | QUALCOMM, Inc. | 801076 | 118927743 |
| \* | Qualys, Inc. | 45398 | 5706983 |
| #\* | QuickLogic Corp. | 2500 | 14275 |
| \* | Rambus, Inc. | 126395 | 6166812 |
|  | Red Violet, Inc. | 3537 | 138155 |
| \* | RF Industries Ltd. | 9040 | 34623 |
| \* | Ribbon <br> Communications, <br> Inc.<br>| 102669 | 329567 |
|  | Richardson <br> Electronics Ltd.<br>| 21406 | 185376 |
| \* | RingCentral, Inc., <br> Class A<br>| 51114 | 1303407 |
| \* | Rogers Corp. | 23756 | 1468358 |
|  | Roper Technologies, <br> Inc.<br>| 41605 | 23302128 |
|  | Salesforce, Inc. | 280931 | 75488969 |
| \* | Samsara, Inc., <br> Class A<br>| 38194 | 1514774 |
| \* | Sandisk Corp. | 64796 | 2080600 |
| \* | Sanmina Corp. | 120317 | 9239142 |
|  | Sapiens International <br> Corp. NV<br>| 48520 | 1328963 |
| \* | ScanSource, Inc. | 47343 | 1561846 |
| # | Seagate Technology <br> Holdings PLC<br>| 159832 | 14549507 |
| \* | SEMrush Holdings, <br> Inc., Class A<br>| 8239 | 84697 |
| \* | SentinelOne, Inc., <br> Class A<br>| 230160 | 4257960 |
| \* | ServiceNow, Inc. | 36022 | 34401370 |
| \* | Silicon Laboratories, <br> Inc.<br>| 47208 | 4803886 |
| \* | SiTime Corp. | 15481 | 2273540 |
| \* | SkyWater Technology, <br> Inc.<br>| 1413 | 10018 |
|  | Skyworks Solutions, <br> Inc.<br>| 142796 | 9178927 |
| \* | Snowflake, Inc., <br> Class A<br>| 47162 | 7521867 |
| #\* | SolarEdge <br> Technologies, Inc.<br>| 1831 | 22402 |
| \* | SPS Commerce, Inc. | 5803 | 832789 |
| \* | Synaptics, Inc. | 49093 | 2732516 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | Synchronoss <br> Technologies, Inc.<br>| 1500 | $15750 |
| \* | Synopsys, Inc. | 47246 | 21686386 |
|  | TD SYNNEX Corp. | 111333 | 12335696 |
|  | TE Connectivity PLC | 181858 | 26620374 |
| \* | Teledyne <br> Technologies, Inc.<br>| 34169 | 15923779 |
| \* | Telos Corp. | 13385 | 36541 |
| \* | Tenable Holdings, <br> Inc.<br>| 2719 | 83120 |
| \* | Teradata Corp. | 84645 | 1819867 |
|  | Teradyne, Inc. | 110930 | 8232115 |
| #\* | Terawulf, Inc. | 99341 | 276168 |
|  | Texas Instruments, <br> Inc.<br>| 698180 | 111743709 |
| \* | TransAct <br> Technologies, Inc.<br>| 786 | 2735 |
| \* | Trimble, Inc. | 199370 | 12388852 |
| \* | Trio-Tech <br> International<br>| 1525 | 7869 |
| \* | TTM Technologies, <br> Inc.<br>| 215980 | 4323920 |
| \* | Turtle Beach Corp. | 5485 | 63352 |
| \* | Twilio, Inc., Class A | 190734 | 18445885 |
| \* | Tyler Technologies, <br> Inc.<br>| 21500 | 11680950 |
| \* | Ultra Clean Holdings, <br> Inc.<br>| 55719 | 1042224 |
| \* | Unisys Corp. | 70522 | 279972 |
|  | Universal Display <br> Corp.<br>| 46799 | 5879358 |
| #\* | Veeco Instruments, <br> Inc.<br>| 77958 | 1457815 |
| \* | Verint Systems, Inc. | 77418 | 1365654 |
| \* | VeriSign, Inc. | 63869 | 18018722 |
| #\* | Vertex, Inc., Class A | 37166 | 1487755 |
| \* | Viant Technology, Inc., <br> Class A<br>| 2954 | 42272 |
| \* | Viasat, Inc. | 21884 | 202865 |
| \* | Viavi Solutions, Inc. | 407669 | 4313138 |
|  | Vishay <br> Intertechnology, <br> Inc.<br>| 184656 | 2398681 |
| \* | Vishay Precision <br> Group, Inc.<br>| 15664 | 390660 |
|  | Vontier Corp. | 198935 | 6328122 |
| \* | Western Digital Corp. | 194388 | 8525858 |
| \* | WidePoint Corp. | 4900 | 20923 |
| \* | Workday, Inc., <br> Class A<br>| 42783 | 10481835 |
|  | Xerox Holdings Corp. | 27068 | 119370 |
| \* | Xperi, Inc. | 4694 | 34689 |
| \* | Yext, Inc. | 61401 | 417527 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | Zebra Technologies <br> Corp., Class A<br>| 38978 | $9756973 |
| \* | Zeta Global Holdings <br> Corp., Class A<br>| 47099 | 615113 |
| \* | Zoom <br> Communications, <br> Inc.<br>| 93504 | 7250300 |
| \* | Zscaler, Inc. | 33761 | 7635725 |
| TOTAL INFORMATION <br> TECHNOLOGY | TOTAL INFORMATION <br> TECHNOLOGY |  | 7951035972 |
| MATERIALS — (3.0%) | MATERIALS — (3.0%) | MATERIALS — (3.0%) | MATERIALS — (3.0%) |
|  | AdvanSix, Inc. | 36767 | 787549 |
|  | Air Products & <br> Chemicals, Inc.<br>| 96372 | 26125485 |
| # | Albemarle Corp. | 71400 | 4180470 |
|  | Alcoa Corp. | 108441 | 2660058 |
| #\* | Alpha Metallurgical <br> Resources, Inc.<br>| 16114 | 1955434 |
| # | Amcor PLC | 3090829 | 28435627 |
| \* | American Biltrite, Inc. | 17 | 1420 |
|  | American Vanguard <br> Corp.<br>| 17133 | 72301 |
|  | AptarGroup, Inc. | 104911 | 15731404 |
| #\* | Arq, Inc. | 44340 | 168049 |
| \* | Ascent Industries Co. | 10249 | 135287 |
|  | Ashland, Inc. | 58249 | 3168163 |
| #\* | Aspen Aerogels, Inc. | 102185 | 551799 |
| \* | ATI, Inc. | 185772 | 10102281 |
|  | Avery Dennison Corp. | 90910 | 15555610 |
|  | Avient Corp. | 114067 | 3799572 |
| \* | Axalta Coating <br> Systems Ltd.<br>| 289463 | 9407547 |
|  | Balchem Corp. | 47346 | 7412016 |
|  | Ball Corp. | 236390 | 12278097 |
|  | Cabot Corp. | 114681 | 9007046 |
|  | Caledonia Mining <br> Corp. PLC<br>| 1100 | 14487 |
| # | Carpenter Technology <br> Corp.<br>| 79299 | 15511677 |
|  | Celanese Corp. | 110566 | 4921293 |
| \* | Century Aluminum <br> Co.<br>| 110982 | 1821215 |
|  | CF Industries <br> Holdings, Inc.<br>| 305398 | 23934041 |
|  | Chemours Co. | 137024 | 1696357 |
| \* | Clearwater Paper <br> Corp.<br>| 248011 | 6661575 |
| #\* | Cleveland-Cliffs, Inc. | 309164 | 2547511 |
| \* | Coeur Mining, Inc. | 585686 | 3250557 |
|  | Commercial Metals <br> Co.<br>| 240137 | 10695702 |
| \* | Core Molding <br> Technologies, Inc.<br>| 11422 | 175670 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | Corteva, Inc. | 502230 | $31133238 |
|  | CRH PLC (CRHCF <br> US)<br>| 1800 | 171756 |
| # | Crown Holdings, Inc. | 197731 | 19047427 |
| \* | Dakota Gold Corp. | 62653 | 169163 |
|  | Dow, Inc. | 412268 | 12611278 |
|  | DuPont de Nemours, <br> Inc.<br>| 211605 | 13963814 |
|  | Eagle Materials, Inc. | 60035 | 13591324 |
|  | Eastman Chemical <br> Co.<br>| 128286 | 9878022 |
|  | Ecolab, Inc. | 113210 | 28464390 |
| \* | Ecovyst, Inc. | 137099 | 819852 |
|  | Element Solutions, <br> Inc.<br>| 245527 | 5011206 |
| \* | Flotek Industries, Inc. | 2987 | 20790 |
|  | FMC Corp. | 62709 | 2628761 |
|  | Fortitude Gold Corp. | 38385 | 133196 |
|  | Freeport-McMoRan, <br> Inc.<br>| 898463 | 32371622 |
|  | Friedman Industries, <br> Inc.<br>| 9041 | 155596 |
| # | Graphic Packaging <br> Holding Co.<br>| 642340 | 16257625 |
|  | Greif, Inc. (GEF US), <br> Class A<br>| 56305 | 2954886 |
|  | Greif, Inc. (GEF/B <br> US), Class B<br>| 12571 | 698570 |
| # | Hawkins, Inc. | 40575 | 4941224 |
|  | HB Fuller Co. | 101595 | 5490194 |
|  | Hecla Mining Co. | 537410 | 3073985 |
|  | Huntsman Corp. | 218923 | 2913865 |
| \* | Idaho Strategic <br> Resources, Inc.<br>| 58 | 927 |
| \* | Ingevity Corp. | 53591 | 1767431 |
|  | Innospec, Inc. | 44002 | 3937299 |
|  | International Flavors & <br> Fragrances, Inc.<br>| 127583 | 10010162 |
| # | International Paper <br> Co.<br>| 246517 | 11260897 |
| \* | Intrepid Potash, Inc. | 14592 | 482120 |
|  | Kaiser Aluminum <br> Corp.<br>| 20095 | 1295324 |
| #\* | Knife River Corp. | 94808 | 8853171 |
|  | Koppers Holdings, <br> Inc.<br>| 31332 | 785180 |
|  | Kronos Worldwide, <br> Inc.<br>| 56956 | 439131 |
|  | Linde PLC | 225284 | 102105467 |
|  | Louisiana-Pacific <br> Corp.<br>| 118996 | 10270545 |
| \* | LSB Industries, Inc. | 96268 | 614190 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | LyondellBasell <br> Industries NV, <br> Class A<br>| 188940 | $10998197 |
| \* | Magnera Corp. | 41319 | 606150 |
|  | Martin Marietta <br> Materials, Inc.<br>| 52868 | 27701775 |
|  | Materion Corp. | 34420 | 2857204 |
|  | Mativ Holdings, Inc. | 71527 | 365503 |
|  | Mercer International, <br> Inc.<br>| 93986 | 420117 |
| \* | Metallus, Inc. | 121567 | 1537823 |
|  | Minerals <br> Technologies, Inc.<br>| 40914 | 2110753 |
| # | Mosaic Co. | 242879 | 7383522 |
| \* | MP Materials Corp. | 600 | 14676 |
|  | Myers Industries, Inc. | 47483 | 498572 |
|  | NewMarket Corp. | 18391 | 11315982 |
|  | Newmont Corp. | 619239 | 32621511 |
| \* | Nexa Resources SA | 13008 | 75967 |
|  | Northern Technologies <br> International Corp.<br>| 15000 | 111750 |
|  | Nucor Corp. | 315118 | 37615636 |
| \* | O-I Glass, Inc. | 9897 | 125296 |
|  | Olin Corp. | 285216 | 6166370 |
|  | Olympic Steel, Inc. | 37847 | 1220566 |
|  | Orion SA | 66391 | 799348 |
|  | Packaging Corp. of <br> America<br>| 115684 | 21472107 |
| \* | Perimeter Solutions, <br> Inc.<br>| 75499 | 764805 |
|  | PPG Industries, Inc. | 183526 | 19978640 |
|  | Quaker Chemical <br> Corp.<br>| 8403 | 890214 |
|  | Radius Recycling, <br> Inc.<br>| 22564 | 661802 |
| # | Ramaco Resources, <br> Inc. (METC US), <br> Class A<br>| 35523 | 358072 |
|  | Ramaco Resources, <br> Inc. (METCB US), <br> Class B<br>| 1510 | 13847 |
| \* | Ranpak Holdings <br> Corp.<br>| 33442 | 137447 |
| \* | Rayonier Advanced <br> Materials, Inc.<br>| 112113 | 477601 |
|  | Reliance, Inc. | 86198 | 24844850 |
| †† | Resolute Forest <br> Products, Inc.<br>| 163412 | 43517 |
|  | Royal Gold, Inc. | 91793 | 16771499 |
|  | RPM International, <br> Inc.<br>| 154445 | 16487004 |
|  | Ryerson Holding <br> Corp.<br>| 76436 | 1787074 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | Scotts Miracle-Gro <br> Co.<br>| 19129 | $963719 |
| # | Sealed Air Corp. | 161535 | 4451905 |
|  | Sensient Technologies <br> Corp.<br>| 51035 | 4794738 |
|  | Sherwin-Williams Co. | 149007 | 52587550 |
|  | Silgan Holdings, Inc. | 229732 | 11865658 |
|  | Smurfit WestRock <br> PLC<br>| 184807 | 7765590 |
|  | Sonoco Products Co. | 169982 | 6969262 |
| # | Southern Copper <br> Corp.<br>| 57920 | 5184998 |
|  | Steel Dynamics, Inc. | 282821 | 36684712 |
|  | Stepan Co. | 29501 | 1491571 |
|  | SunCoke Energy, Inc. | 127103 | 1151553 |
|  | Sylvamo Corp. | 66570 | 3968903 |
| \* | Tredegar Corp. | 58922 | 457824 |
|  | TriMas Corp. | 50660 | 1218373 |
|  | Tronox Holdings PLC | 191869 | 1038011 |
| \* | U.S. Gold Corp. | 2698 | 29597 |
|  | U.S. Lime & Minerals, <br> Inc.<br>| 39838 | 3725251 |
| # | U.S. Steel Corp. | 17145 | 749408 |
|  | Vulcan Materials Co. | 115627 | 30332431 |
| # | Warrior Met Coal, Inc. | 117737 | 5630183 |
|  | Westlake Corp. | 56735 | 5244016 |
|  | Worthington Steel, <br> Inc.<br>| 78280 | 2008665 |
| TOTAL MATERIALS | TOTAL MATERIALS |  | 1018638043 |
| REAL ESTATE — (0.3%) | REAL ESTATE — (0.3%) | REAL ESTATE — (0.3%) | REAL ESTATE — (0.3%) |
| \* | AMREP Corp. | 6773 | 152731 |
| \* | Anywhere Real <br> Estate, Inc.<br>| 7748 | 26808 |
| \* | CBRE Group, Inc., <br> Class A<br>| 271094 | 33122265 |
| \* | CKX Lands, Inc. | 743 | 7816 |
| \* | Compass, Inc., <br> Class A<br>| 29998 | 231585 |
| \* | Comstock Holding <br> Cos., Inc.<br>| 3056 | 31905 |
| \* | CoStar Group, Inc. | 188612 | 13989352 |
| \* | Cushman & Wakefield <br> PLC<br>| 234009 | 2192664 |
| \* | Douglas Elliman, Inc. | 46367 | 76969 |
| \* | Five Point <br> Holdings LLC, <br> Class A<br>| 70034 | 368379 |
| \* | Forestar Group, Inc. | 39733 | 765258 |
| \* | FRP Holdings, Inc. | 31822 | 845988 |
| \* | Howard Hughes <br> Holdings, Inc.<br>| 90970 | 6052234 |
| \* | Jones Lang LaSalle, <br> Inc.<br>| 74733 | 16995031 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) |
| \*» | JW Mays, Inc. | 900 | $33444 |
|  | Kennedy-Wilson <br> Holdings, Inc.<br>| 170168 | 1089075 |
|  | Marcus & Millichap, <br> Inc.<br>| 70332 | 2138093 |
| \* | Maui Land & <br> Pineapple Co., Inc.<br>| 9974 | 154896 |
| \* | Millrose Properties, <br> Inc.<br>| 107239 | 2685265 |
|  | Newmark Group, Inc., <br> Class A<br>| 225178 | 2474706 |
| \* | Rafael Holdings, Inc., <br> Class B<br>| 19697 | 31121 |
| \* | RE/MAX Holdings, <br> Inc., Class A<br>| 16120 | 123318 |
|  | RMR Group, Inc., <br> Class A<br>| 1407 | 20655 |
| \* | Seaport Entertainment <br> Group, Inc.<br>| 22919 | 438899 |
|  | St. Joe Co. | 90897 | 3846761 |
| \* | Stratus Properties, <br> Inc.<br>| 6238 | 98997 |
| #\* | Tejon Ranch Co. | 38620 | 653837 |
| \* | Zillow Group, Inc. (Z <br> US), Class C<br>| 133735 | 9004378 |
| \* | Zillow Group, Inc. (ZG <br> US), Class A<br>| 58679 | 3871640 |
| TOTAL REAL ESTATE | TOTAL REAL ESTATE |  | 101524070 |
| UTILITIES — (2.5%) | UTILITIES — (2.5%) | UTILITIES — (2.5%) | UTILITIES — (2.5%) |
|  | AES Corp. | 445524 | 4455240 |
|  | ALLETE, Inc. | 63894 | 4184418 |
|  | Alliant Energy Corp. | 236759 | 14451769 |
|  | Ameren Corp. | 172084 | 17077616 |
|  | American Electric <br> Power Co., Inc.<br>| 250917 | 27184348 |
|  | American States <br> Water Co.<br>| 56025 | 4544188 |
|  | American Water <br> Works Co., Inc.<br>| 113895 | 16743704 |
|  | Artesian Resources <br> Corp., Class A<br>| 9786 | 347599 |
|  | Atmos Energy Corp. | 102106 | 16401287 |
|  | Avista Corp. | 88959 | 3689130 |
|  | Black Hills Corp. | 55728 | 3393835 |
| # | Brookfield Renewable <br> Corp.<br>| 132609 | 3774052 |
|  | California Water <br> Service Group<br>| 72894 | 3692081 |
|  | CenterPoint Energy, <br> Inc.<br>| 432065 | 16755481 |
|  | Chesapeake Utilities <br> Corp.<br>| 25608 | 3371805 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) |
|  | Clearway Energy, Inc. <br> (CWEN US), <br> Class C<br>| 76238 | $2236823 |
|  | Clearway Energy, Inc. <br> (CWENA US), <br> Class A<br>| 24106 | 659299 |
|  | CMS Energy Corp. | 215833 | 15896100 |
|  | Consolidated Edison, <br> Inc.<br>| 200815 | 22641891 |
|  | Consolidated Water <br> Co. Ltd.<br>| 26390 | 613304 |
|  | Constellation Energy <br> Corp.<br>| 165059 | 36880783 |
|  | Dominion Energy, Inc. | 261014 | 14193941 |
| # | DTE Energy Co. | 122301 | 16755237 |
| # | Duke Energy Corp. | 369102 | 45037826 |
|  | Edison International | 147412 | 7888016 |
| # | Entergy Corp. | 262726 | 21850921 |
|  | Essential Utilities, Inc. | 219773 | 9039264 |
|  | Evergy, Inc. | 184147 | 12724558 |
|  | Eversource Energy | 169247 | 10066812 |
|  | Exelon Corp. | 445235 | 20881522 |
|  | FirstEnergy Corp. | 280717 | 12037145 |
|  | Genie Energy Ltd., <br> Class B<br>| 50356 | 743758 |
|  | Global Water <br> Resources, Inc.<br>| 1904 | 19859 |
| \* | Hawaiian Electric <br> Industries, Inc.<br>| 55128 | 578844 |
|  | IDACORP, Inc. | 72282 | 8535781 |
|  | MDU Resources <br> Group, Inc.<br>| 358328 | 6141742 |
| # | MGE Energy, Inc. | 53374 | 4826077 |
|  | Middlesex Water Co. | 26334 | 1662202 |
|  | National Fuel Gas <br> Co.<br>| 76220 | 5852172 |
|  | New Jersey <br> Resources Corp.<br>| 143120 | 7004293 |
|  | NextEra Energy, Inc. | 957284 | 64023154 |
|  | NiSource, Inc. | 296183 | 11583717 |
|  | Northwest Natural <br> Holding Co.<br>| 30127 | 1298474 |
|  | Northwestern Energy <br> Group, Inc.<br>| 51221 | 2982599 |
|  | NRG Energy, Inc. | 386849 | 42390913 |
|  | OGE Energy Corp. | 222267 | 10086476 |
|  | ONE Gas, Inc. | 70572 | 5540608 |
|  | Ormat Technologies, <br> Inc.<br>| 93258 | 6770531 |
| # | Otter Tail Corp. | 64286 | 5103023 |
|  | PG&E Corp. | 519158 | 8576490 |
|  | Pinnacle West Capital <br> Corp.<br>| 99372 | 9458227 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) |
|  | Portland General <br> Electric Co.<br>| 120995 | $5096309 |
| # | PPL Corp. | 267021 | 9746267 |
|  | Public Service <br> Enterprise Group, <br> Inc.<br>| 300038 | 23982037 |
| \* | Pure Cycle Corp. | 31214 | 309019 |
|  | RGC Resources, Inc. | 7658 | 160588 |
|  | Sempra | 295714 | 21962679 |
|  | SJW Group | 31550 | 1790147 |
|  | Southern Co. | 534107 | 49079092 |
|  | Southwest Gas <br> Holdings, Inc.<br>| 58444 | 4220241 |
|  | Spire, Inc. | 58560 | 4482182 |
|  | TXNM Energy, Inc. | 122521 | 6518117 |
|  | UGI Corp. | 143715 | 4712415 |
|  | Unitil Corp. | 25846 | 1516126 |
|  | Vistra Corp. | 698187 | 90505981 |
| # | WEC Energy Group, <br> Inc.<br>| 187863 | 20574756 |
|  | Xcel Energy, Inc. | 324279 | 22926525 |
|  | York Water Co. | 16121 | 567459 |
| TOTAL UTILITIES | TOTAL UTILITIES |  | 860798875 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 32281177580 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| INFORMATION TECHNOLOGY — (0.0%) | INFORMATION TECHNOLOGY — (0.0%) | INFORMATION TECHNOLOGY — (0.0%) | INFORMATION TECHNOLOGY — (0.0%) |
| \*» | M-Tron Industries, Inc. <br> Warrants <br> 02/28/2028<br>| 843 | $1476 |
| TOTAL <br> RIGHTS/WARRANTS | TOTAL <br> RIGHTS/WARRANTS |  | 1476 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $10,773,658,235) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $10,773,658,235) |  | 32281179056 |

---

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

---

| | | | |
|:---|:---|:---|:---|
| TEMPORARY CASH INVESTMENTS — (0.9%) | TEMPORARY CASH INVESTMENTS — (0.9%) | TEMPORARY CASH INVESTMENTS — (0.9%) | TEMPORARY CASH INVESTMENTS — (0.9%) |
| Ɏ | State Street <br> Institutional <br> U.S. Government <br> Money Market Fund <br> 4.290%<br>| 289051972 | 289051972 |
| SECURITIES LENDING COLLATERAL — (3.9%) | SECURITIES LENDING COLLATERAL — (3.9%) | SECURITIES LENDING COLLATERAL — (3.9%) | SECURITIES LENDING COLLATERAL — (3.9%) |
| @§ | The DFA Short Term <br> Investment Fund <br>| 115357977 | 1334115006 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $12,396,943,205) | (Cost $12,396,943,205) |  | $33904346034 |

---

As of April 30, 2025, U.S. Core Equity 1 Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 940 | 06/20/25 | &nbsp;&nbsp; $264700679 | &nbsp;&nbsp; $262589000 | &nbsp;&nbsp; $(2111679)<br>|
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$264700679** | &nbsp;&nbsp; **$262589000** | &nbsp;&nbsp; **$(2111679)**<br>|

---

As of April 30, 2025, the value of Rule 144A securities amounted to $144,002 or 0.0% of net assets.

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Communication Services | &nbsp;&nbsp; $2617710428 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $2617710428 |
| Consumer Discretionary | &nbsp;&nbsp; 3343089643 | &nbsp;&nbsp; $32073 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3343121716 |
| Consumer Staples | &nbsp;&nbsp; 2112927746 | &nbsp;&nbsp; 149597 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2113077343 |
| Energy | &nbsp;&nbsp; 1511879000 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1511879000 |

---

------

**U.S. Core Equity 1 Portfolio**

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Financials | &nbsp;&nbsp; $5603642947 | &nbsp;&nbsp; $210593 | &nbsp;&nbsp; — | &nbsp;&nbsp; $5603853540 |
| Health Care | &nbsp;&nbsp; 3131720567 | &nbsp;&nbsp; — | &nbsp;&nbsp; $896584 | &nbsp;&nbsp; 3132617151 |
| Industrials | &nbsp;&nbsp; 4025859129 | &nbsp;&nbsp; 1061500 | &nbsp;&nbsp; 813 | &nbsp;&nbsp; 4026921442 |
| Information Technology | &nbsp;&nbsp; 7951035972 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 7951035972 |
| Materials | &nbsp;&nbsp; 1018594526 | &nbsp;&nbsp; — | &nbsp;&nbsp; 43517 | &nbsp;&nbsp; 1018638043 |
| Real Estate | &nbsp;&nbsp; 101490626 | &nbsp;&nbsp; 33444 | &nbsp;&nbsp; — | &nbsp;&nbsp; 101524070 |
| Utilities | &nbsp;&nbsp; 860798875 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 860798875 |
| Rights/Warrants |  |  |  |  |
| Information Technology | &nbsp;&nbsp; — | &nbsp;&nbsp; 1476 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1476 |
| Temporary Cash Investments | &nbsp;&nbsp; 289051972 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 289051972 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 1334115006 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1334115006 |
| Total Investments in Securities | &nbsp;&nbsp; $32567801431 | &nbsp;&nbsp; $1335603689 | &nbsp;&nbsp; $940,914˂˃ | &nbsp;&nbsp; $33904346034 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Liabilities** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; (2111679) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (2111679) |
| Total Financial Instruments | &nbsp;&nbsp; $(2111679) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $(2111679) |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

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

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

------

**U.S. Core Equity 2 Portfolio**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)**

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMON STOCKS — (95.6%) | COMMON STOCKS — (95.6%) | COMMON STOCKS — (95.6%) | COMMON STOCKS — (95.6%) |
| COMMUNICATION SERVICES — (7.1%) | COMMUNICATION SERVICES — (7.1%) | COMMUNICATION SERVICES — (7.1%) | COMMUNICATION SERVICES — (7.1%) |
| \* | Advantage Solutions, <br> Inc.<br>| 103823 | $139123 |
|  | Alphabet, Inc. (GOOG <br> US), Class C<br>| 1638871 | 263677955 |
|  | Alphabet, Inc. (GOOGL <br> US), Class A<br>| 2444150 | 388131020 |
| \* | Altice USA, Inc., <br> Class A<br>| 15900 | 39432 |
| \* | AMC Networks, Inc., <br> Class A<br>| 10194 | 65242 |
| \* | Anterix, Inc. | 23648 | 705893 |
|  | AT&T, Inc. | 3969677 | 109960053 |
| #\* | Atlanta Braves <br> Holdings, Inc. <br> (2291915D US), <br> Class A<br>| 25005 | 1086467 |
| \* | Atlanta Braves <br> Holdings, Inc. <br> (2292098D US), <br> Class C<br>| 73428 | 2926840 |
|  | ATN International, Inc. | 13066 | 231137 |
| \* | Bandwidth, Inc., <br> Class A<br>| 37694 | 468159 |
| \* | Boston Omaha Corp., <br> Class A<br>| 10314 | 160176 |
| # | Cable One, Inc. | 8468 | 2263242 |
| \* | Cargurus, Inc. | 139163 | 3890997 |
| \* | Cars.com, Inc. | 164649 | 1916514 |
| #\* | Charter <br> Communications, <br> Inc., Class A<br>| 90295 | 35382999 |
| # | Cinemark Holdings, <br> Inc.<br>| 270650 | 8095141 |
|  | Cogent <br> Communications <br> Holdings, Inc.<br>| 2782 | 151202 |
|  | Comcast Corp., <br> Class A<br>| 3103081 | 106125370 |
|  | CuriosityStream, Inc. | 4145 | 13596 |
| \* | DHI Group, Inc. | 742657 | 1047146 |
| \* | EchoStar Corp., <br> Class A<br>| 15320 | 344394 |
|  | Electronic Arts, Inc. | 116272 | 16869904 |
|  | Entravision <br> Communications <br> Corp., Class A<br>| 139230 | 254791 |
| \* | EverQuote, Inc., <br> Class A<br>| 1868 | 44346 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
| \* | Fluent, Inc. | 1222 | $3006 |
|  | Fox Corp. (FOX US), <br> Class B<br>| 233522 | 10798057 |
|  | Fox Corp. (FOXA US), <br> Class A<br>| 282235 | 14052481 |
| \* | Frontier <br> Communications <br> Parent, Inc.<br>| 192646 | 6983417 |
| \* | Gaia, Inc. | 3506 | 18371 |
| \* | Gambling.com Group <br> Ltd.<br>| 15145 | 194916 |
| \* | Gannett Co., Inc. | 35155 | 112496 |
|  | Gray Media, Inc., <br> Class A<br>| 3160 | 24160 |
| \* | Harte Hanks, Inc. | 3652 | 18260 |
|  | IDT Corp., Class B | 183388 | 9215247 |
| #\* | IMAX Corp. | 60082 | 1461795 |
| \* | Integral Ad Science <br> Holding Corp.<br>| 203779 | 1440717 |
|  | Interpublic Group of <br> Cos., Inc.<br>| 686983 | 17257013 |
|  | Iridium <br> Communications, <br> Inc.<br>| 309905 | 7478008 |
| \* | IZEA Worldwide, Inc. | 3176 | 6574 |
|  | John Wiley & Sons, <br> Inc. (WLY US), <br> Class A<br>| 52008 | 2269629 |
| \* | Liberty Broadband <br> Corp. (LBRDA US), <br> Class A<br>| 13937 | 1241090 |
| \* | Liberty Broadband <br> Corp. (LBRDK US), <br> Class C<br>| 106084 | 9588933 |
| \* | Liberty Global Ltd. <br> (LBTYA US), <br> Class A<br>| 152888 | 1674124 |
| \* | Liberty Global Ltd. <br> (LBTYK US), <br> Class C<br>| 91090 | 1032961 |
| \* | Liberty Latin America <br> Ltd. (LILA US), <br> Class A<br>| 202611 | 1098152 |
| \* | Liberty Latin America <br> Ltd. (LILAK US), <br> Class C<br>| 67208 | 369644 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
| \* | Liberty Media <br> Corp.-Liberty <br> Formula One <br> (FWONA US), <br> Class A<br>| 5267 | $424257 |
| #\* | Liberty Media <br> Corp.-Liberty <br> Formula One <br> (FWONK US), <br> Class C<br>| 189609 | 16812630 |
| \* | Liberty Media <br> Corp.-Liberty Live <br> (LLYVA US), <br> Class A<br>| 25309 | 1771124 |
| \* | Liberty Media <br> Corp.-Liberty Live <br> (LLYVK US), <br> Class C<br>| 69306 | 4956072 |
| #\* | Lions Gate <br> Entertainment Corp. <br> (LGF/A US), <br> Class A<br>| 120728 | 1072065 |
| \* | Lions Gate <br> Entertainment Corp. <br> (LGF/B US), <br> Class B<br>| 305218 | 2435640 |
| #\* | Live Nation <br> Entertainment, Inc.<br>| 129375 | 17135719 |
| \* | Lumen Technologies, <br> Inc.<br>| 592033 | 2095797 |
| \* | Madison Square <br> Garden <br> Entertainment Corp.<br>| 49356 | 1601109 |
| \* | Madison Square <br> Garden Sports <br> Corp.<br>| 15601 | 3004285 |
| #\* | Magnite, Inc. | 362636 | 4311742 |
|  | Marcus Corp. | 39552 | 645093 |
| # | Match Group, Inc. | 132980 | 3944187 |
|  | Meta Platforms, Inc., <br> Class A<br>| 1230009 | 675274941 |
|  | National CineMedia, <br> Inc.<br>| 2681 | 15362 |
| \* | Netflix, Inc. | 71847 | 81310687 |
|  | New York Times Co., <br> Class A<br>| 249625 | 12995477 |
| # | News Corp. (NWS <br> US), Class B<br>| 260357 | 8180417 |
|  | News Corp. (NWSA <br> US), Class A<br>| 320102 | 8681166 |
| # | Nexstar Media Group, <br> Inc.<br>| 85635 | 12816134 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
| \* | Nextdoor Holdings, <br> Inc.<br>| 68903 | $101287 |
| # | Omnicom Group, Inc. | 204394 | 15566647 |
| \* | Outbrain, Inc. | 6346 | 22465 |
| # | Paramount Global <br> (PARA US), Class B<br>| 160273 | 1881605 |
| # | Paramount Global <br> (PARAA US), <br> Class A<br>| 17062 | 386625 |
| \* | Pinterest, Inc., Class A | 149142 | 3776275 |
|  | Playtika Holding Corp. | 76119 | 401147 |
| \* | PubMatic, Inc., <br> Class A<br>| 51512 | 503272 |
| \* | QuinStreet, Inc. | 72043 | 1262193 |
| \* | Reservoir Media, Inc. | 17174 | 128805 |
| \* | ROBLOX Corp., <br> Class A<br>| 29740 | 1994067 |
| \* | Roku, Inc. | 2948 | 200995 |
|  | Saga Communications, <br> Inc., Class A<br>| 13087 | 148537 |
| # | Scholastic Corp. | 34588 | 623622 |
|  | Shenandoah <br> Telecommunications <br> Co.<br>| 76389 | 850973 |
| # | Shutterstock, Inc. | 60529 | 966043 |
|  | Sinclair, Inc. | 149777 | 2156789 |
|  | Sirius XM Holdings, <br> Inc.<br>| 5175 | 110848 |
| \* | Skillz, Inc. | 3863 | 19779 |
| #\* | Snap, Inc., Class A | 296782 | 2362385 |
| #\* | Sphere Entertainment <br> Co.<br>| 56385 | 1536491 |
|  | Spok Holdings, Inc. | 39599 | 567850 |
| \* | Spotify Technology SA | 15222 | 9346004 |
| \* | Stagwell, Inc. | 29040 | 162043 |
| #\* | Sunrise <br> Communications AG, <br> ADR, Class A<br>| 34341 | 1851667 |
| \* | Take-Two Interactive <br> Software, Inc.<br>| 93583 | 21834786 |
| \* | TechTarget, Inc. | 59229 | 472055 |
|  | TEGNA, Inc. | 416687 | 6762830 |
|  | Telephone & Data <br> Systems, Inc.<br>| 183881 | 6893699 |
| #\* | Thryv Holdings, Inc. | 42953 | 588456 |
|  | TKO Group Holdings, <br> Inc.<br>| 64527 | 10512094 |
|  | T-Mobile U.S., Inc. | 374779 | 92551674 |
|  | Townsquare Media, <br> Inc., Class A<br>| 15039 | 99558 |
| \* | Trade Desk, Inc., <br> Class A<br>| 45555 | 2443115 |
| \* | Travelzoo | 35466 | 491913 |
| #\* | TripAdvisor, Inc. | 146847 | 1828245 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
| \* | TrueCar, Inc. | 109885 | $163729 |
| #\* | U.S. Cellular Corp. | 66939 | 4596032 |
|  | Verizon <br> Communications, <br> Inc.<br>| 2145202 | 94517600 |
| \* | Vimeo, Inc. | 310419 | 1564512 |
|  | Walt Disney Co. | 653483 | 59434279 |
| #\* | Warner Bros <br> Discovery, Inc.<br>| 474759 | 4116160 |
| # | Warner Music Group <br> Corp., Class A<br>| 48785 | 1485503 |
| \* | WideOpenWest, Inc. | 65912 | 288695 |
| \* | Yelp, Inc. | 69736 | 2446339 |
| \* | Zedge, Inc., Class B | 8399 | 20326 |
| #\* | Ziff Davis, Inc. | 86051 | 2541086 |
| TOTAL COMMUNICATION <br> SERVICES | TOTAL COMMUNICATION <br> SERVICES |  | 2252395194 |
| CONSUMER DISCRETIONARY — (9.0%) | CONSUMER DISCRETIONARY — (9.0%) | CONSUMER DISCRETIONARY — (9.0%) | CONSUMER DISCRETIONARY — (9.0%) |
| #\* | 1-800-Flowers.com, <br> Inc., Class A<br>| 57442 | 317654 |
| \* | 1stdibs.com, Inc. | 8519 | 21042 |
| \* | Abercrombie & Fitch <br> Co., Class A<br>| 116159 | 8063758 |
| # | Academy Sports & <br> Outdoors, Inc.<br>| 87881 | 3311356 |
| # | Acushnet Holdings <br> Corp.<br>| 167733 | 11107279 |
| \* | Adient PLC | 98940 | 1251591 |
|  | ADT, Inc. | 439247 | 3522761 |
| \* | Adtalem Global <br> Education, Inc.<br>| 100289 | 10650692 |
| # | Advance Auto Parts, <br> Inc.<br>| 19701 | 644617 |
| \* | Airbnb, Inc., Class A | 41023 | 5001524 |
|  | A-Mark Precious <br> Metals, Inc.<br>| 33614 | 818837 |
| \* | Amazon.com, Inc. | 3219058 | 593658676 |
|  | AMCON Distributing <br> Co.<br>| 1168 | 140487 |
| \* | American Axle & <br> Manufacturing <br> Holdings, Inc.<br>| 138632 | 529574 |
|  | American Eagle <br> Outfitters, Inc.<br>| 203152 | 2139191 |
| \* | American Outdoor <br> Brands, Inc.<br>| 30765 | 345337 |
| \* | American Public <br> Education, Inc.<br>| 42476 | 998186 |
| #\* | America's Car-Mart, <br> Inc.<br>| 17988 | 852991 |
| \* | Aptiv PLC | 198147 | 11306268 |
| # | Aramark | 369099 | 12338980 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| #\* | Arhaus, Inc. | 109254 | $858736 |
|  | Ark Restaurants Corp. | 7366 | 68209 |
|  | Arko Corp. | 121831 | 490370 |
| \* | Asbury Automotive <br> Group, Inc.<br>| 47627 | 10389354 |
|  | Autoliv, Inc. | 152504 | 14217948 |
| \* | AutoNation, Inc. | 105335 | 18344090 |
| \* | AutoZone, Inc. | 3741 | 14075887 |
|  | Bassett Furniture <br> Industries, Inc.<br>| 18048 | 318547 |
|  | Bath & Body Works, <br> Inc.<br>| 125058 | 3815520 |
| \* | Beazer Homes USA, <br> Inc.<br>| 82176 | 1607363 |
|  | Best Buy Co., Inc. | 380018 | 25343400 |
| #\* | Biglari Holdings, Inc. <br> (BH US), Class B<br>| 4566 | 1063467 |
| \* | Biglari Holdings, Inc. <br> (BH/A US), Class A<br>| 446 | 511562 |
| \* | Birkenstock Holding <br> PLC<br>| 27267 | 1402342 |
| \* | BJ's Restaurants, Inc. | 53966 | 1796528 |
|  | Bloomin' Brands, Inc. | 80126 | 642611 |
|  | Booking Holdings, Inc. | 9330 | 47576282 |
| \* | Boot Barn Holdings, <br> Inc.<br>| 62195 | 6489426 |
|  | BorgWarner, Inc. | 276359 | 7843068 |
| # | Boyd Gaming Corp. | 77977 | 5391330 |
| \* | Bright Horizons Family <br> Solutions, Inc.<br>| 79480 | 9968382 |
| \* | Brinker International, <br> Inc.<br>| 73032 | 9808198 |
|  | Brunswick Corp. | 95463 | 4396071 |
|  | Buckle, Inc. | 108777 | 3781089 |
|  | Build-A-Bear <br> Workshop, Inc.<br>| 35885 | 1266023 |
| #\* | Burlington Stores, Inc. | 58409 | 13144361 |
| \* | Caesars <br> Entertainment, Inc.<br>| 16788 | 454283 |
| # | Caleres, Inc. | 42661 | 650154 |
|  | Camping World <br> Holdings, Inc., <br> Class A<br>| 61397 | 740448 |
| \* | CarMax, Inc. | 198716 | 12850964 |
| \* | Carnival Corp. | 316549 | 5805509 |
|  | Carriage Services, Inc. | 40374 | 1613345 |
|  | Carter's, Inc. | 75215 | 2485856 |
| \* | Carvana Co. | 50254 | 12279565 |
| \* | Cava Group, Inc. | 21550 | 1991867 |
| \* | Cavco Industries, Inc. | 16237 | 8018642 |
|  | Century Communities, <br> Inc.<br>| 77610 | 4232849 |
| \* | Champion Homes, <br> Inc.<br>| 127380 | 11018370 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| # | Cheesecake Factory, <br> Inc.<br>| 115955 | $5840653 |
| \* | Chewy, Inc., Class A | 56245 | 2109188 |
| \* | Chipotle Mexican Grill, <br> Inc.<br>| 390153 | 19710530 |
| # | Choice Hotels <br> International, Inc.<br>| 75521 | 9523953 |
|  | Churchill Downs, Inc. | 84973 | 7682409 |
| \* | Citi Trends, Inc. | 12494 | 278991 |
| # | Columbia Sportswear <br> Co.<br>| 132603 | 8243929 |
| \* | Cooper-Standard <br> Holdings, Inc.<br>| 1405 | 20611 |
| \* | Coupang, Inc. | 183652 | 4291947 |
| \* | Coursera, Inc. | 70883 | 596835 |
| # | Cracker Barrel Old <br> Country Store, Inc.<br>| 23471 | 1002212 |
| \* | Crocs, Inc. | 72068 | 6948797 |
|  | Crown Crafts, Inc. | 3959 | 11837 |
| \* | Culp, Inc. | 17123 | 65067 |
|  | Dana, Inc. | 194197 | 2668267 |
|  | Darden Restaurants, <br> Inc.<br>| 148609 | 29816910 |
| #\* | Dave & Buster's <br> Entertainment, Inc.<br>| 45390 | 871034 |
| #\* | Deckers Outdoor <br> Corp.<br>| 109572 | 12143865 |
| # | Designer Brands, Inc., <br> Class A<br>| 47506 | 132542 |
|  | Dick's Sporting Goods, <br> Inc.<br>| 114739 | 21541100 |
| # | Dillard's, Inc., Class A | 19364 | 6712724 |
|  | Domino's Pizza, Inc. | 19533 | 9578397 |
| \* | DoorDash, Inc., <br> Class A<br>| 95377 | 18397270 |
| \* | Dorman Products, Inc. | 49676 | 5628291 |
|  | DR Horton, Inc. | 179361 | 22660469 |
| #\* | DraftKings, Inc., <br> Class A<br>| 153846 | 5121533 |
| \* | Dream Finders Homes, <br> Inc., Class A<br>| 9629 | 218193 |
| \* | Duolingo, Inc. | 16346 | 6366440 |
| \* | Dutch Bros, Inc., <br> Class A<br>| 35046 | 2093648 |
| # | eBay, Inc. | 569716 | 38831843 |
| \* | El Pollo Loco Holdings, <br> Inc.<br>| 61944 | 579176 |
|  | Escalade, Inc. | 37461 | 568658 |
|  | Ethan Allen Interiors, <br> Inc.<br>| 32485 | 923549 |
| \* | Etsy, Inc. | 79449 | 3454443 |
| \* | Everi Holdings, Inc. | 13173 | 185081 |
|  | Expedia Group, Inc. | 61269 | 9614944 |
| #\* | Figs, Inc., Class A | 273491 | 1102169 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | First Watch Restaurant <br> Group, Inc.<br>| 10800 | $190728 |
| \* | Five Below, Inc. | 87336 | 6627929 |
|  | Flanigan's Enterprises, <br> Inc.<br>| 2891 | 70830 |
|  | Flexsteel Industries, <br> Inc.<br>| 16740 | 558949 |
| \* | Floor & Decor <br> Holdings, Inc., <br> Class A<br>| 109958 | 7855400 |
| \* | Flutter Entertainment <br> PLC<br>| 42301 | 10194118 |
| #\* | Foot Locker, Inc. | 112096 | 1375418 |
|  | Ford Motor Co. | 2682413 | 26850954 |
| \* | Fox Factory Holding <br> Corp.<br>| 100175 | 2034554 |
| \* | Frontdoor, Inc. | 165928 | 6821300 |
| \* | Full House Resorts, <br> Inc.<br>| 23954 | 77371 |
| \* | Funko, Inc., Class A | 72610 | 291166 |
| \* | GameStop Corp., <br> Class A<br>| 72514 | 2020240 |
|  | Gap, Inc. | 298601 | 6539362 |
|  | Garmin Ltd. | 160683 | 30026832 |
| # | Garrett Motion, Inc. | 154984 | 1428952 |
|  | General Motors Co. | 1015788 | 45954249 |
| \* | Genesco, Inc. | 16375 | 317675 |
|  | Gentex Corp. | 446355 | 9721612 |
| \* | Gentherm, Inc. | 46595 | 1211936 |
|  | Genuine Parts Co. | 155341 | 18260335 |
| \* | G-III Apparel Group <br> Ltd.<br>| 116499 | 2938105 |
| \* | Global Business Travel <br> Group I<br>| 4838 | 32463 |
| \* | Good Times <br> Restaurants, Inc.<br>| 903 | 1761 |
|  | Graham Holdings Co., <br> Class B<br>| 9121 | 8391776 |
| \* | Grand Canyon <br> Education, Inc.<br>| 70132 | 12509445 |
| \* | Green Brick Partners, <br> Inc.<br>| 24451 | 1442364 |
|  | Group 1 Automotive, <br> Inc.<br>| 32121 | 12964999 |
|  | Guess?, Inc. | 60784 | 683820 |
| # | H&R Block, Inc. | 159291 | 9616398 |
|  | Hamilton Beach <br> Brands Holding Co., <br> Class A<br>| 17801 | 352460 |
| \* | Hanesbrands, Inc. | 530769 | 2436230 |
| # | Harley-Davidson, Inc. | 150423 | 3372484 |
|  | Hasbro, Inc. | 139675 | 8645882 |
|  | Haverty Furniture Cos., <br> Inc. (HVT US)<br>| 21759 | 395143 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Haverty Furniture Cos., <br> Inc. (HVT/A US), <br> Class A<br>| 2523 | $46297 |
| #\* | Helen of Troy Ltd. | 48877 | 1361713 |
| #\* | Hilton Grand <br> Vacations, Inc.<br>| 112482 | 3782770 |
|  | Hilton Worldwide <br> Holdings, Inc.<br>| 86401 | 19481697 |
|  | Home Depot, Inc. | 537332 | 193702813 |
|  | Hooker Furnishings <br> Corp.<br>| 21195 | 203472 |
| \* | Hovnanian Enterprises, <br> Inc., Class A<br>| 300 | 29040 |
| # | Hyatt Hotels Corp., <br> Class A<br>| 43346 | 4884227 |
| # | Installed Building <br> Products, Inc.<br>| 62161 | 10308159 |
|  | International Game <br> Technology PLC<br>| 98836 | 1620910 |
|  | J Jill, Inc. | 3140 | 47791 |
| # | Jack in the Box, Inc. | 29986 | 780835 |
|  | JAKKS Pacific, Inc. | 6158 | 118788 |
|  | Jerash Holdings U.S., <br> Inc.<br>| 3471 | 10274 |
|  | Johnson Outdoors, <br> Inc., Class A<br>| 21439 | 489452 |
|  | KB Home | 157600 | 8515128 |
| # | Kohl's Corp. | 119716 | 802097 |
|  | Kontoor Brands, Inc. | 75714 | 4554197 |
| # | Krispy Kreme, Inc. | 66243 | 271596 |
| #\* | Kura Sushi USA, Inc., <br> Class A<br>| 4648 | 273674 |
|  | Lakeland Industries, <br> Inc.<br>| 27379 | 447099 |
| \* | Lands' End, Inc. | 63422 | 563187 |
| \* | Landsea Homes Corp. | 33937 | 207016 |
| # | Las Vegas Sands <br> Corp.<br>| 92341 | 3386144 |
| \* | Latham Group, Inc. | 9398 | 51360 |
| \* | Laureate Education, <br> Inc.<br>| 135904 | 2727593 |
| \*†† | Lazare Kaplan <br> International, Inc.<br>| 3667 | 0 |
| # | La-Z-Boy, Inc. | 111038 | 4386001 |
|  | LCI Industries | 67594 | 5210146 |
|  | Lear Corp. | 75971 | 6514513 |
| \* | Legacy Housing Corp. | 9372 | 227974 |
|  | Lennar Corp. (LEN <br> US), Class A<br>| 264168 | 28691286 |
| # | Lennar Corp. (LENB <br> US), Class B<br>| 25841 | 2671184 |
|  | Levi Strauss & Co., <br> Class A<br>| 102628 | 1643074 |
| \* | LGI Homes, Inc. | 62386 | 3406899 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | Life Time Group <br> Holdings, Inc.<br>| 136647 | $4189597 |
| # | Lifetime Brands, Inc. | 42821 | 155868 |
| #\* | Light & Wonder, Inc. | 120879 | 10320649 |
| \* | Lincoln Educational <br> Services Corp.<br>| 56293 | 951352 |
| \* | Lindblad Expeditions <br> Holdings, Inc.<br>| 11010 | 97328 |
|  | Lithia Motors, Inc. | 47496 | 13904929 |
|  | LKQ Corp. | 279912 | 10695438 |
| \* | Lovesac Co. | 19600 | 381220 |
|  | Lowe's Cos., Inc. | 110465 | 24695555 |
| #\* | Lucid Group, Inc. | 2014230 | 5055717 |
| \* | Lululemon Athletica, <br> Inc.<br>| 49611 | 13433170 |
| \* | M/I Homes, Inc. | 28770 | 3069184 |
|  | Macy's, Inc. | 327981 | 3745543 |
| \* | Malibu Boats, Inc., <br> Class A<br>| 50698 | 1447935 |
|  | Marine Products Corp. | 32828 | 275755 |
| \* | MarineMax, Inc. | 28092 | 602854 |
|  | Marriott International, <br> Inc., Class A<br>| 52937 | 12629709 |
| # | Marriott Vacations <br> Worldwide Corp.<br>| 49856 | 2732607 |
| \* | MasterCraft Boat <br> Holdings, Inc.<br>| 24198 | 397815 |
| \* | Mattel, Inc. | 400077 | 6357224 |
|  | McDonald's Corp. | 153898 | 49193496 |
|  | Meritage Homes Corp. | 153214 | 10440002 |
| #\* | MGM Resorts <br> International<br>| 257788 | 8110010 |
| \* | Mister Car Wash, Inc. | 38727 | 265667 |
| #\* | Mobileye Global, Inc., <br> Class A<br>| 54929 | 800865 |
| \* | Modine Manufacturing <br> Co.<br>| 119128 | 9725610 |
| \* | Mohawk Industries, <br> Inc.<br>| 71819 | 7637951 |
|  | Monarch Casino & <br> Resort, Inc.<br>| 6743 | 527235 |
|  | Monro, Inc. | 39545 | 551257 |
| \* | Motorcar Parts of <br> America, Inc.<br>| 45358 | 404140 |
|  | Movado Group, Inc. | 22091 | 306844 |
|  | Murphy USA, Inc. | 35838 | 17867752 |
|  | Nathan's Famous, Inc. | 7929 | 775060 |
| # | Newell Brands, Inc. | 180839 | 864410 |
|  | NIKE, Inc., Class B | 377528 | 21292579 |
| » | Nobility Homes, Inc. | 2557 | 74217 |
| #\* | Norwegian Cruise Line <br> Holdings Ltd.<br>| 593636 | 9515985 |
| \* | NVR, Inc. | 3374 | 24042280 |
| \* | ODP Corp. | 40942 | 560087 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| #\* | Ollie's Bargain Outlet <br> Holdings, Inc.<br>| 112120 | $11897053 |
|  | OneSpaWorld Holdings <br> Ltd.<br>| 189411 | 3163164 |
| \* | OneWater Marine, Inc., <br> Class A<br>| 17737 | 266232 |
| \* | O'Reilly Automotive, <br> Inc.<br>| 9397 | 13298634 |
| # | Oxford Industries, Inc. | 20201 | 981769 |
| # | Papa John's <br> International, Inc.<br>| 49539 | 1710582 |
| # | Patrick Industries, Inc. | 77021 | 5929077 |
| #\* | Penn Entertainment, <br> Inc.<br>| 100413 | 1528286 |
|  | Penske Automotive <br> Group, Inc.<br>| 166426 | 25907535 |
|  | Perdoceo Education <br> Corp.<br>| 174842 | 4392031 |
| \* | Petco Health & <br> Wellness Co., Inc.<br>| 109460 | 322907 |
| \* | PetMed Express, Inc. | 4547 | 15369 |
|  | Phinia, Inc. | 78709 | 3160166 |
| \* | Planet Fitness, Inc., <br> Class A<br>| 114412 | 10822231 |
| \* | Playa Hotels & Resorts <br> NV<br>| 168510 | 2261404 |
| # | Polaris, Inc. | 65888 | 2237556 |
| # | Pool Corp. | 34391 | 10081378 |
| \* | Potbelly Corp. | 1410 | 11421 |
|  | PulteGroup, Inc. | 295365 | 30298542 |
|  | PVH Corp. | 65513 | 4519087 |
| #\* | QuantumScape Corp. | 435370 | 1702297 |
|  | Ralph Lauren Corp. | 58151 | 13081067 |
|  | RCI Hospitality <br> Holdings, Inc.<br>| 15909 | 631269 |
|  | Red Rock Resorts, <br> Inc., Class A<br>| 105513 | 4505405 |
| #\* | Revolve Group, Inc. | 72287 | 1437066 |
| #\* | RH | 30257 | 5568196 |
| #\* | Rivian Automotive, <br> Inc., Class A<br>| 225702 | 3083089 |
|  | Rocky Brands, Inc. | 14995 | 320743 |
|  | Ross Stores, Inc. | 256716 | 35683524 |
| # | Royal Caribbean <br> Cruises Ltd.<br>| 198667 | 42695525 |
| \* | Sabre Corp. | 33649 | 79748 |
| #\* | Sally Beauty Holdings, <br> Inc.<br>| 129852 | 1056995 |
| # | Service Corp. <br> International<br>| 323227 | 25825837 |
| \* | Shake Shack, Inc., <br> Class A<br>| 28525 | 2502784 |
| \* | SharkNinja, Inc. | 75642 | 6089181 |
|  | Shoe Carnival, Inc. | 59681 | 1037256 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| # | Signet Jewelers Ltd. | 131114 | $7775060 |
| \* | Skechers USA, Inc., <br> Class A<br>| 234643 | 11267557 |
| #\* | Sleep Number Corp. | 38743 | 301808 |
|  | Smith & Wesson <br> Brands, Inc.<br>| 85240 | 812337 |
| # | Somnigroup <br> International, Inc.<br>| 317043 | 19358646 |
|  | Sonic Automotive, Inc., <br> Class A<br>| 50080 | 3040858 |
| \* | Sonos, Inc. | 81909 | 754382 |
|  | Standard Motor <br> Products, Inc.<br>| 44428 | 1203999 |
|  | Starbucks Corp. | 230161 | 18424388 |
|  | Steven Madden Ltd. | 115876 | 2433396 |
| \* | Stitch Fix, Inc., <br> Class A<br>| 138499 | 452892 |
| \* | Stoneridge, Inc. | 53781 | 207595 |
|  | Strategic Education, <br> Inc.<br>| 63278 | 5162219 |
| \* | Strattec Security Corp. | 6666 | 222111 |
| #\* | Stride, Inc. | 134616 | 19149126 |
|  | Sturm Ruger & Co., <br> Inc.<br>| 10354 | 420994 |
|  | Superior Group of <br> Cos., Inc.<br>| 44530 | 462221 |
| #\* | Sweetgreen, Inc., <br> Class A<br>| 129546 | 2523556 |
|  | Tandy Leather Factory, <br> Inc.<br>| 825 | 2294 |
| # | Tapestry, Inc. | 323864 | 22880992 |
| \* | Taylor Morrison Home <br> Corp.<br>| 276729 | 15870408 |
| \* | Tesla, Inc. | 295770 | 83454463 |
|  | Texas Roadhouse, <br> Inc.<br>| 88442 | 14677834 |
| # | Thor Industries, Inc. | 67123 | 4861048 |
| \* | Tile Shop Holdings, <br> Inc.<br>| 99238 | 562679 |
| #\* | Tilly's, Inc., Class A | 51953 | 79488 |
|  | TJX Cos., Inc. | 685118 | 88160984 |
|  | Toll Brothers, Inc. | 196569 | 19827915 |
| #\* | TopBuild Corp. | 68601 | 20289432 |
| # | Tractor Supply Co. | 477200 | 24155864 |
|  | Travel & Leisure Co. | 80339 | 3529292 |
| \* | Tri Pointe Homes, Inc. | 248450 | 7639837 |
| \* | Ulta Beauty, Inc. | 52247 | 20671003 |
| #\* | Under Armour, Inc. (UA <br> US), Class C<br>| 318034 | 1730105 |
| #\* | Under Armour, Inc. <br> (UAA US), Class A<br>| 151251 | 865156 |
| \* | Unifi, Inc. | 23073 | 117442 |
| #\* | United Parks & <br> Resorts, Inc.<br>| 94870 | 4141076 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | Universal Electronics, <br> Inc.<br>| 1852 | $8982 |
| \* | Universal Technical <br> Institute, Inc.<br>| 88505 | 2483450 |
|  | Upbound Group, Inc. | 145170 | 2888883 |
| \* | Urban Outfitters, Inc. | 244921 | 12926930 |
| # | Vail Resorts, Inc. | 48344 | 6729485 |
| \* | Valvoline, Inc. | 228066 | 7813541 |
| \* | Vera Bradley, Inc. | 44423 | 86625 |
| # | VF Corp. | 48000 | 570240 |
| \* | Victoria's Secret & Co. | 100327 | 1886148 |
| \* | Visteon Corp. | 55214 | 4372397 |
| \* | Warby Parker, Inc., <br> Class A<br>| 177922 | 2937492 |
| # | Wendy's Co. | 449620 | 5620250 |
|  | Weyco Group, Inc. | 21135 | 631937 |
| # | Whirlpool Corp. | 54663 | 4169694 |
|  | Williams-Sonoma, Inc. | 199348 | 30793286 |
| # | Wingstop, Inc. | 29694 | 7835950 |
|  | Winmark Corp. | 2906 | 1046189 |
|  | Winnebago Industries, <br> Inc.<br>| 74792 | 2379881 |
| # | Wolverine World Wide, <br> Inc.<br>| 48825 | 637166 |
|  | Wyndham Hotels & <br> Resorts, Inc.<br>| 106305 | 9067816 |
| # | Wynn Resorts Ltd. | 30474 | 2447367 |
| \* | YETI Holdings, Inc. | 100213 | 2861081 |
|  | Yum! Brands, Inc. | 108530 | 16327253 |
| \* | Zumiez, Inc. | 31003 | 362735 |
| TOTAL CONSUMER <br> DISCRETIONARY | TOTAL CONSUMER <br> DISCRETIONARY |  | 2863516505 |
| CONSUMER STAPLES — (6.1%) | CONSUMER STAPLES — (6.1%) | CONSUMER STAPLES — (6.1%) | CONSUMER STAPLES — (6.1%) |
|  | Albertsons Cos., Inc., <br> Class A<br>| 153925 | 3383272 |
|  | Alico, Inc. | 17042 | 486379 |
|  | Altria Group, Inc. | 377456 | 22326522 |
|  | Andersons, Inc. | 69135 | 2607081 |
|  | Archer-Daniels-Midland <br> Co.<br>| 1700 | 81175 |
|  | B&G Foods, Inc. | 65915 | 454154 |
| \* | BellRing Brands, Inc. | 142957 | 11027703 |
| \* | BJ's Wholesale Club <br> Holdings, Inc.<br>| 239975 | 28211461 |
| \* | Boston Beer Co., Inc. , <br> Class A<br>| 16595 | 4079051 |
| \* | Bridgford Foods Corp. | 11491 | 93422 |
| # | Brown-Forman Corp. <br> (BF/A US), Class A<br>| 54390 | 1882438 |
| # | Brown-Forman Corp. <br> (BFB US), Class B<br>| 231870 | 8078351 |
|  | Bunge Global SA | 234960 | 18496051 |
|  | Calavo Growers, Inc. | 24594 | 679286 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
| # | Cal-Maine Foods, Inc. | 90674 | $8466231 |
| # | Campbell's Co. | 239951 | 8748614 |
| # | Casey's General <br> Stores, Inc.<br>| 62475 | 28900310 |
| #\* | Celsius Holdings, Inc. | 30351 | 1061071 |
| #\* | Central Garden & Pet <br> Co. (CENT US)<br>| 36639 | 1229605 |
| \* | Central Garden & Pet <br> Co. (CENTA US), <br> Class A<br>| 136866 | 4047128 |
| #\* | Chefs' Warehouse, <br> Inc.<br>| 79789 | 4545579 |
|  | Church & Dwight Co., <br> Inc.<br>| 190258 | 18900230 |
|  | Clorox Co. | 80853 | 11505382 |
|  | Coca-Cola Co. | 2176890 | 157933370 |
|  | Coca-Cola <br> Consolidated, Inc.<br>| 13309 | 18044475 |
| \* | Coffee Holding Co., <br> Inc.<br>| 3583 | 12361 |
|  | Colgate-Palmolive Co. | 245690 | 22650161 |
|  | Conagra Brands, Inc. | 364453 | 9005634 |
|  | Constellation Brands, <br> Inc., Class A<br>| 87981 | 16499957 |
|  | Costco Wholesale <br> Corp.<br>| 189285 | 188243933 |
| \* | Coty, Inc., Class A | 343373 | 1734034 |
| \* | Darling Ingredients, <br> Inc.<br>| 257402 | 8285770 |
|  | Dole PLC | 28949 | 439735 |
|  | Dollar General Corp. | 169894 | 15917369 |
| #\* | Dollar Tree, Inc. | 214140 | 17510228 |
| # | Edgewell Personal <br> Care Co.<br>| 67396 | 2058948 |
| #\* | elf Beauty, Inc. | 18731 | 1158887 |
|  | Energizer Holdings, <br> Inc.<br>| 50278 | 1359517 |
|  | Estee Lauder Cos., <br> Inc., Class A<br>| 44234 | 2652271 |
| \* | FitLife Brands, Inc. | 600 | 9060 |
|  | Flowers Foods, Inc. | 266562 | 4688826 |
|  | Fresh Del Monte <br> Produce, Inc.<br>| 124294 | 4227239 |
| \*» | Fresh Market, Inc. | 18803 | 0 |
| #\* | Freshpet, Inc. | 47808 | 3515800 |
|  | General Mills, Inc. | 293041 | 16627146 |
| \* | Hain Celestial Group, <br> Inc.<br>| 21928 | 66661 |
| #\* | Herbalife Ltd. | 84000 | 604800 |
| # | Hershey Co. | 140242 | 23447060 |
| \* | Honest Co., Inc. | 94267 | 451539 |
|  | Hormel Foods Corp. | 432386 | 12928341 |
|  | Ingles Markets, Inc., <br> Class A<br>| 34738 | 2142987 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
|  | Ingredion, Inc. | 126659 | $16822848 |
| # | Interparfums, Inc. | 49775 | 5435430 |
|  | J&J Snack Foods <br> Corp.<br>| 39402 | 5106105 |
|  | J.M. Smucker Co. | 100158 | 11645371 |
|  | John B Sanfilippo & <br> Son, Inc.<br>| 18064 | 1197101 |
|  | Kenvue, Inc. | 1694718 | 39995345 |
|  | Keurig Dr. Pepper, Inc. | 560858 | 19400078 |
|  | Kimberly-Clark Corp. | 175136 | 23079422 |
|  | Kraft Heinz Co. | 454115 | 13214747 |
|  | Kroger Co. | 1280416 | 92458839 |
| \* | Laird Superfood, Inc. | 4842 | 28326 |
|  | Lamb Weston <br> Holdings, Inc.<br>| 107112 | 5656585 |
|  | Lancaster Colony <br> Corp.<br>| 48853 | 7952291 |
| # | Lifevantage Corp. | 21105 | 261069 |
| \* | Lifeway Foods, Inc. | 25136 | 595221 |
|  | Limoneira Co. | 25559 | 384152 |
| \* | Mama's Creations, <br> Inc.<br>| 9034 | 59624 |
| \* | Mannatech, Inc. | 867 | 8947 |
| \* | Maplebear, Inc. | 70505 | 2812445 |
|  | McCormick & Co., Inc. <br> (MKC US)<br>| 206990 | 15867853 |
|  | McCormick & Co., Inc. <br> (MKC/V US)<br>| 6660 | 510755 |
| \* | Medifast, Inc. | 18745 | 246309 |
|  | MGP Ingredients, Inc. | 32848 | 968031 |
| \* | Mission Produce, Inc. | 70825 | 741892 |
| # | Molson Coors <br> Beverage Co., <br> Class B<br>| 127080 | 7310912 |
|  | Mondelez International, <br> Inc., Class A<br>| 545190 | 37143795 |
| \* | Monster Beverage <br> Corp.<br>| 202159 | 12153799 |
|  | National Beverage <br> Corp.<br>| 126226 | 5604434 |
| \* | Natural Alternatives <br> International, Inc.<br>| 16603 | 49809 |
|  | Natural Grocers by <br> Vitamin Cottage, <br> Inc.<br>| 60510 | 3035182 |
|  | Natural Health Trends <br> Corp.<br>| 2025 | 10044 |
| \* | Nature's Sunshine <br> Products, Inc.<br>| 53859 | 663543 |
|  | Oil-Dri Corp. of <br> America<br>| 26740 | 1125487 |
|  | PepsiCo, Inc. | 986623 | 133766346 |
| \* | Performance Food <br> Group Co.<br>| 140615 | 11342006 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
|  | Philip Morris <br> International, Inc.<br>| 291355 | $49926593 |
|  | Pilgrim's Pride Corp. | 212564 | 11601743 |
| \* | Post Holdings, Inc. | 136588 | 15457664 |
|  | PriceSmart, Inc. | 55907 | 5674001 |
|  | Primo Brands Corp. | 77000 | 2515590 |
|  | Procter & Gamble Co. | 1475717 | 239907313 |
| # | Reynolds Consumer <br> Products, Inc.<br>| 97778 | 2248894 |
|  | Seaboard Corp. | 1031 | 2666145 |
| \* | Seneca Foods Corp. <br> (SENEA US), <br> Class A<br>| 19365 | 1736847 |
| \*» | Seneca Foods Corp. <br> (SENEB US), <br> Class B<br>| 2299 | 206933 |
| \* | Simply Good Foods <br> Co.<br>| 206879 | 7470401 |
|  | SpartanNash Co. | 62305 | 1236131 |
|  | Spectrum Brands <br> Holdings, Inc.<br>| 88652 | 5593941 |
| \* | Sprouts Farmers <br> Market, Inc.<br>| 221512 | 37878552 |
|  | Sysco Corp. | 322574 | 23031784 |
|  | Target Corp. | 430413 | 41620937 |
|  | Tootsie Roll Industries, <br> Inc.<br>| 85597 | 2739104 |
| \* | TreeHouse Foods, Inc. | 90897 | 2116991 |
|  | Turning Point Brands, <br> Inc.<br>| 35127 | 2156095 |
|  | Tyson Foods, Inc., <br> Class A<br>| 265567 | 16263323 |
| \* | U.S. Foods Holding <br> Corp.<br>| 443636 | 29129140 |
| \* | United Natural Foods, <br> Inc.<br>| 149006 | 3979950 |
|  | United-Guardian, Inc. | 4655 | 36821 |
|  | Universal Corp. | 63038 | 3673224 |
| \* | USANA Health <br> Sciences, Inc.<br>| 36730 | 1031746 |
|  | Utz Brands, Inc. | 78777 | 1046946 |
|  | Village Super Market, <br> Inc., Class A<br>| 27555 | 1015402 |
| #\* | Vita Coco Co., Inc. | 42329 | 1398973 |
| \* | Vital Farms, Inc. | 46385 | 1588222 |
|  | Walmart, Inc. | 2286919 | 222402873 |
|  | WD-40 Co. | 22050 | 5035338 |
| # | Weis Markets, Inc. | 65471 | 5629851 |
| # | WK Kellogg Co. | 85489 | 1532818 |
| TOTAL CONSUMER <br> STAPLES | TOTAL CONSUMER <br> STAPLES |  | 1947711034 |
| ENERGY — (4.7%) | ENERGY — (4.7%) | ENERGY — (4.7%) | ENERGY — (4.7%) |
| \* | Amplify Energy Corp. | 102108 | 265481 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
|  | Antero Midstream <br> Corp.<br>| 855022 | $14150614 |
| \* | Antero Resources <br> Corp.<br>| 332581 | 11583796 |
| # | APA Corp. | 67736 | 1052617 |
|  | Archrock, Inc. | 466521 | 10977239 |
| # | Ardmore Shipping <br> Corp.<br>| 125062 | 1193091 |
|  | Aris Water Solutions, <br> Inc., Class A<br>| 57765 | 1441814 |
|  | Baker Hughes Co. | 526795 | 18648543 |
|  | Berry Corp. | 90571 | 224616 |
| \* | Bristow Group, Inc. | 44352 | 1287982 |
|  | Cactus, Inc., Class A | 78706 | 2986106 |
|  | California Resources <br> Corp.<br>| 63594 | 2194629 |
| #\* | Centrus Energy Corp., <br> Class A<br>| 16304 | 1129704 |
|  | ChampionX Corp. | 339701 | 8196985 |
|  | Cheniere Energy, Inc. | 203923 | 47128645 |
|  | Chevron Corp. | 1156660 | 157375160 |
| \* | Clean Energy Fuels <br> Corp.<br>| 388747 | 563683 |
| #\* | CNX Resources Corp. | 401459 | 11814938 |
| #\* | Comstock Resources, <br> Inc.<br>| 240524 | 4394373 |
|  | ConocoPhillips | 1303709 | 116186546 |
|  | Core Laboratories, <br> Inc.<br>| 24404 | 277473 |
|  | Core Natural <br> Resources, Inc.<br>| 117276 | 8468500 |
|  | Coterra Energy, Inc. | 961542 | 23615472 |
|  | Crescent Energy Co., <br> Class A<br>| 89930 | 744620 |
|  | CVR Energy, Inc. | 11960 | 225566 |
| # | Delek U.S. Holdings, <br> Inc.<br>| 51859 | 675204 |
|  | Devon Energy Corp. | 765334 | 23273807 |
|  | DHT Holdings, Inc. | 495445 | 5296307 |
|  | Diamondback Energy, <br> Inc.<br>| 181354 | 23940542 |
| \* | DMC Global, Inc. | 26142 | 169662 |
|  | Dorian LPG Ltd. | 105628 | 2262552 |
| \* | DT Midstream, Inc. | 171867 | 16705472 |
|  | Energy Services of <br> America Corp.<br>| 19547 | 167127 |
|  | EOG Resources, Inc. | 390541 | 43088389 |
|  | Epsilon Energy Ltd. | 67458 | 474230 |
|  | EQT Corp. | 458430 | 22664779 |
|  | Evolution Petroleum <br> Corp.<br>| 50961 | 213527 |
|  | Excelerate Energy, <br> Inc., Class A<br>| 11991 | 306730 |
|  | Expand Energy Corp. | 387920 | 40304888 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
| #\* | Expro Group Holdings <br> NV<br>| 138796 | $1147843 |
|  | Exxon Mobil Corp. | 3049952 | 322166430 |
|  | FutureFuel Corp. | 66379 | 272818 |
| \* | Geospace <br> Technologies Corp.<br>| 35517 | 228729 |
|  | Granite Ridge <br> Resources, Inc.<br>| 18515 | 89057 |
| \* | Green Plains, Inc. | 49291 | 176462 |
| \* | Gulf Island Fabrication, <br> Inc.<br>| 15569 | 111318 |
| \* | Gulfport Energy Corp. | 23699 | 4088078 |
| \* | Hallador Energy Co. | 3912 | 55022 |
|  | Halliburton Co. | 985364 | 19529914 |
| \* | Helix Energy Solutions <br> Group, Inc.<br>| 429013 | 2612689 |
| # | Helmerich & Payne, <br> Inc.<br>| 119013 | 2248156 |
|  | Hess Corp. | 270320 | 34884796 |
|  | HF Sinclair Corp. | 337290 | 10142310 |
| # | International Seaways, <br> Inc.<br>| 67341 | 2286900 |
|  | Kinder Morgan, Inc. | 903831 | 23770755 |
|  | Kinetik Holdings, Inc. | 30453 | 1258927 |
|  | Kodiak Gas Services, <br> Inc.<br>| 25462 | 865963 |
|  | Liberty Energy, Inc. | 272126 | 3129449 |
| # | Magnolia Oil & Gas <br> Corp., Class A<br>| 242746 | 4983575 |
| \* | Mammoth Energy <br> Services, Inc.<br>| 14869 | 37619 |
|  | Marathon Petroleum <br> Corp.<br>| 258184 | 35477063 |
|  | Matador Resources <br> Co.<br>| 298453 | 11800832 |
| # | Murphy Oil Corp. | 184793 | 3793800 |
| \* | Nabors Industries Ltd. | 2059 | 55264 |
|  | NACCO Industries, <br> Inc., Class A<br>| 14427 | 503502 |
| \* | Natural Gas Services <br> Group, Inc.<br>| 40757 | 732403 |
| \* | NCS Multistage <br> Holdings, Inc.<br>| 944 | 27857 |
| # | Noble Corp. PLC | 63744 | 1385795 |
| # | Nordic American <br> Tankers Ltd.<br>| 254061 | 650396 |
| # | Northern Oil & Gas, <br> Inc.<br>| 116715 | 2836175 |
|  | NOV, Inc. | 153349 | 1780382 |
| \* | NPK International, Inc. | 265959 | 1537243 |
| # | Occidental Petroleum <br> Corp.<br>| 626352 | 24684532 |
| \* | Oceaneering <br> International, Inc.<br>| 118542 | 2104121 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
| \* | Oil States International, <br> Inc.<br>| 99469 | $349136 |
|  | ONEOK, Inc. | 602010 | 49461142 |
|  | Ovintiv, Inc. | 279590 | 9388632 |
| \* | Par Pacific Holdings, <br> Inc.<br>| 66104 | 946609 |
|  | PBF Energy, Inc., <br> Class A<br>| 143061 | 2457788 |
| # | Peabody Energy Corp. | 143527 | 1771123 |
|  | Permian Resources <br> Corp.<br>| 562767 | 6640651 |
|  | Phillips 66 | 262444 | 27309923 |
|  | PHX Minerals, Inc. | 62833 | 240650 |
| \* | PrimeEnergy <br> Resources Corp.<br>| 2513 | 426883 |
| \* | ProPetro Holding <br> Corp.<br>| 130183 | 648311 |
|  | Range Resources <br> Corp.<br>| 528144 | 17919926 |
|  | Ranger Energy <br> Services, Inc., <br> Class A<br>| 28964 | 321211 |
| \* | REX American <br> Resources Corp.<br>| 38232 | 1518575 |
|  | Riley Exploration <br> Permian, Inc.<br>| 1097 | 27074 |
| # | RPC, Inc. | 275741 | 1304255 |
|  | SandRidge Energy, <br> Inc.<br>| 53216 | 484798 |
|  | Schlumberger NV | 849975 | 28261669 |
| # | Scorpio Tankers, Inc. | 127597 | 4809131 |
| \* | SEACOR Marine <br> Holdings, Inc.<br>| 31068 | 151612 |
| #\* | Seadrill Ltd. | 43413 | 891703 |
|  | Select Water Solutions, <br> Inc.<br>| 272890 | 2325023 |
| # | SFL Corp. Ltd. | 193416 | 1589880 |
|  | Sitio Royalties Corp., <br> Class A<br>| 52967 | 898320 |
|  | SM Energy Co. | 134792 | 3071910 |
|  | Smart Sand, Inc. | 9803 | 20586 |
| # | Solaris Energy <br> Infrastructure, Inc.<br>| 67099 | 1418473 |
| \* | Stabilis Solutions, Inc. | 3403 | 19805 |
|  | Targa Resources <br> Corp.<br>| 213248 | 36444083 |
|  | TechnipFMC PLC | 594664 | 16751685 |
|  | Teekay Corp. Ltd. | 163693 | 1180227 |
|  | Teekay Tankers Ltd., <br> Class A<br>| 86293 | 3673493 |
| \* | TETRA Technologies, <br> Inc.<br>| 62984 | 179504 |
| # | Texas Pacific Land <br> Corp.<br>| 14515 | 18707948 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
| #\* | Tidewater, Inc. | 103044 | $3729162 |
| \* | TOP Ships, Inc. | 1424 | 8259 |
| #\* | Transocean Ltd. | 501014 | 1067160 |
| #\* | Uranium Energy Corp. | 200583 | 1053061 |
|  | VAALCO Energy, Inc. | 11059 | 36163 |
| #\* | Valaris Ltd. | 84014 | 2714492 |
|  | Valero Energy Corp. | 347323 | 40320727 |
| # | Vitesse Energy, Inc. | 59374 | 1214198 |
|  | Weatherford <br> International PLC<br>| 87107 | 3606230 |
|  | Williams Cos., Inc. | 674140 | 39484380 |
|  | World Kinect Corp. | 146051 | 3664420 |
| TOTAL ENERGY | TOTAL ENERGY |  | 1485637575 |
| FINANCIALS — (17.4%) | FINANCIALS — (17.4%) | FINANCIALS — (17.4%) | FINANCIALS — (17.4%) |
|  | 1st Source Corp. | 65072 | 3901066 |
| #\* | Acacia Research <br> Corp.<br>| 134535 | 415713 |
|  | Acadian Asset <br> Management, Inc.<br>| 96067 | 2588045 |
|  | ACNB Corp. | 15047 | 630620 |
|  | Affiliated Managers <br> Group, Inc.<br>| 50548 | 8372265 |
|  | Affinity Bancshares, <br> Inc.<br>| 11076 | 203355 |
| \* | Affirm Holdings, Inc. | 240554 | 11969967 |
|  | Aflac, Inc. | 247162 | 26861566 |
|  | Alerus Financial Corp. | 20205 | 401675 |
|  | Allstate Corp. | 226588 | 44952793 |
| # | Ally Financial, Inc. | 593124 | 19371430 |
|  | Amalgamated Financial <br> Corp.<br>| 60480 | 1703117 |
| \* | Ambac Financial <br> Group, Inc.<br>| 60448 | 482375 |
|  | Amerant Bancorp, Inc. | 33661 | 566851 |
|  | American Coastal <br> Insurance Corp.<br>| 6725 | 76867 |
|  | American Express Co. | 334085 | 89003585 |
|  | American Financial <br> Group, Inc.<br>| 160262 | 20298785 |
|  | American International <br> Group, Inc.<br>| 509460 | 41531179 |
|  | Ameriprise Financial, <br> Inc.<br>| 97813 | 46071879 |
|  | Ameris Bancorp | 183351 | 10744369 |
|  | AMERISAFE, Inc. | 40351 | 1875918 |
|  | AmeriServ Financial, <br> Inc.<br>| 21821 | 52589 |
|  | Ames National Corp. | 11722 | 203494 |
|  | Aon PLC, Class A | 48339 | 17150194 |
|  | Apollo Global <br> Management, Inc.<br>| 158216 | 21593320 |
|  | Arch Capital Group <br> Ltd.<br>| 443314 | 40199714 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| # | ARES Management <br> Corp., Class A<br>| 49832 | $7600875 |
|  | Arrow Financial Corp. | 25758 | 631844 |
|  | Arthur J Gallagher & <br> Co.<br>| 95579 | 30651230 |
| # | Artisan Partners Asset <br> Management, Inc., <br> Class A<br>| 124800 | 4615104 |
|  | Associated <br> Banc-Corp.<br>| 348229 | 7681932 |
|  | Associated Capital <br> Group, Inc., Class A<br>| 5133 | 185404 |
|  | Assurant, Inc. | 100829 | 19433781 |
|  | Assured Guaranty Ltd. | 139731 | 12258601 |
|  | Atlantic American <br> Corp.<br>| 17563 | 26345 |
|  | Atlantic Union <br> Bankshares Corp.<br>| 233859 | 6477894 |
| \* | Atlanticus Holdings <br> Corp.<br>| 35837 | 1964584 |
|  | Auburn National <br> BanCorp, Inc.<br>| 6204 | 122095 |
| \* | AvidXchange Holdings, <br> Inc.<br>| 181830 | 1478278 |
|  | Axis Capital Holdings <br> Ltd.<br>| 221583 | 21342875 |
| \* | Axos Financial, Inc. | 131719 | 8361522 |
| #\* | Baldwin Insurance <br> Group, Inc.<br>| 81210 | 3379960 |
|  | BancFirst Corp. | 87663 | 10328455 |
| #\* | Bancorp, Inc. | 126043 | 6089137 |
|  | Bank First Corp. | 451 | 49240 |
|  | Bank of America Corp. | 3352939 | 133715207 |
|  | Bank of Hawaii Corp. | 66854 | 4419718 |
|  | Bank of Marin <br> Bancorp<br>| 31625 | 648945 |
|  | Bank of New York <br> Mellon Corp.<br>| 489032 | 39323063 |
|  | Bank of NT Butterfield <br> & Son Ltd.<br>| 99755 | 4008156 |
|  | Bank of the James <br> Financial Group, <br> Inc.<br>| 8408 | 113676 |
| # | Bank OZK | 233521 | 9947995 |
|  | Bank7 Corp. | 1366 | 49722 |
|  | BankFinancial Corp. | 43627 | 536176 |
|  | BankUnited, Inc. | 127568 | 4172749 |
|  | Bankwell Financial <br> Group, Inc.<br>| 7366 | 249781 |
|  | Banner Corp. | 77707 | 4751006 |
|  | Bar Harbor <br> Bankshares<br>| 36295 | 1075784 |
|  | BayCom Corp. | 24349 | 633317 |
|  | BCB Bancorp, Inc. | 21671 | 178136 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | Berkshire Hathaway, <br> Inc., Class B<br>| 813088 | $433579176 |
|  | Berkshire Hills <br> Bancorp, Inc.<br>| 62047 | 1540627 |
|  | BGC Group, Inc., <br> Class A<br>| 827412 | 7496353 |
|  | Blackrock, Inc. | 45877 | 41943506 |
|  | Blackstone, Inc. | 115421 | 15202100 |
| \* | Block, Inc. | 154908 | 9057471 |
| \* | Blue Foundry Bancorp | 38049 | 355378 |
| \* | Blue Ridge <br> Bankshares, Inc.<br>| 6136 | 21046 |
|  | BOK Financial Corp. | 123845 | 11538639 |
|  | Bread Financial <br> Holdings, Inc.<br>| 103890 | 4929580 |
|  | Bridge Investment <br> Group Holdings, <br> Inc., Class A<br>| 6793 | 65145 |
| \* | Bridgewater <br> Bancshares, Inc.<br>| 44336 | 682331 |
| \* | Brighthouse Financial, <br> Inc.<br>| 38169 | 2222199 |
| \* | Broadway Financial <br> Corp.<br>| 61 | 397 |
|  | Brookline Bancorp, <br> Inc.<br>| 221152 | 2308827 |
|  | Brown & Brown, Inc. | 231768 | 25633541 |
|  | Burke & Herbert <br> Financial Services <br> Corp.<br>| 14058 | 785983 |
|  | Business First <br> Bancshares, Inc.<br>| 17724 | 408538 |
| \* | BV Financial, Inc. | 2876 | 44147 |
|  | Byline Bancorp, Inc. | 44655 | 1140489 |
|  | C&F Financial Corp. | 5958 | 385900 |
| # | Cadence Bank | 242929 | 7108103 |
| \* | California BanCorp | 5647 | 78889 |
| » | California First Leasing <br> Corp.<br>| 1535 | 28628 |
|  | Camden National <br> Corp.<br>| 38691 | 1490377 |
| \* | Cantaloupe, Inc. | 4641 | 37128 |
|  | Capital Bancorp, Inc. | 4480 | 141523 |
|  | Capital City Bank <br> Group, Inc.<br>| 44492 | 1625738 |
|  | Capital One Financial <br> Corp.<br>| 177398 | 31977763 |
|  | Capitol Federal <br> Financial, Inc.<br>| 185385 | 1051133 |
| # | Carlyle Group, Inc. | 228252 | 8819657 |
| \* | Carter Bankshares, <br> Inc.<br>| 28814 | 441142 |
|  | Cass Information <br> Systems, Inc.<br>| 31427 | 1280336 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Cathay General <br> Bancorp<br>| 191589 | $7987345 |
|  | CB Financial Services, <br> Inc.<br>| 747 | 21424 |
|  | Cboe Global Markets, <br> Inc.<br>| 76244 | 16910919 |
| \* | CCUR Holdings, Inc. | 4 | 8340 |
|  | Central Pacific <br> Financial Corp.<br>| 71845 | 1845698 |
|  | CF Bankshares, Inc. | 7043 | 161848 |
|  | Charles Schwab Corp. | 678772 | 55252041 |
|  | Chemung Financial <br> Corp.<br>| 10517 | 466324 |
|  | Chubb Ltd. | 178272 | 51000054 |
|  | Cincinnati Financial <br> Corp.<br>| 200928 | 27971187 |
|  | Citigroup, Inc. | 941348 | 64369376 |
|  | Citizens & Northern <br> Corp.<br>| 28718 | 552822 |
|  | Citizens Community <br> Bancorp, Inc.<br>| 24520 | 363386 |
|  | Citizens Financial <br> Group, Inc.<br>| 536649 | 19796982 |
|  | Citizens Financial <br> Services, Inc.<br>| 925 | 50348 |
| # | City Holding Co. | 39028 | 4522174 |
|  | Civista Bancshares, <br> Inc.<br>| 24121 | 542964 |
|  | CME Group, Inc. | 111525 | 30901347 |
|  | CNB Financial Corp. | 42511 | 933116 |
|  | CNO Financial Group, <br> Inc.<br>| 170411 | 6465393 |
| \* | Coastal Financial <br> Corp.<br>| 35722 | 2934562 |
|  | Cohen & Co., Inc. | 1816 | 15436 |
| # | Cohen & Steers, Inc. | 100452 | 7666497 |
| \* | Coinbase Global, Inc., <br> Class A<br>| 10677 | 2166257 |
|  | Colony Bankcorp, Inc. | 22040 | 342061 |
|  | Columbia Banking <br> System, Inc.<br>| 68204 | 1529134 |
| \* | Columbia Financial, <br> Inc.<br>| 112187 | 1511159 |
|  | Comerica, Inc. | 160150 | 8608062 |
|  | Commerce <br> Bancshares, Inc.<br>| 253330 | 15387264 |
|  | Community Financial <br> System, Inc.<br>| 131093 | 7156367 |
|  | Community Trust <br> Bancorp, Inc.<br>| 49175 | 2407608 |
|  | Community West <br> Bancshares<br>| 27567 | 482423 |
| # | ConnectOne Bancorp, <br> Inc.<br>| 83440 | 1879903 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | Consumer Portfolio <br> Services, Inc.<br>| 175197 | $1617068 |
|  | Corebridge Financial, <br> Inc.<br>| 462847 | 13714157 |
| \* | Corpay, Inc. | 113759 | 37013766 |
|  | Crawford & Co. <br> (CRD/A US), <br> Class A<br>| 87227 | 969964 |
|  | Crawford & Co. <br> (CRD/B US), <br> Class B<br>| 54625 | 583395 |
| #\* | Credit Acceptance <br> Corp.<br>| 26793 | 13059444 |
| # | Cullen/Frost Bankers, <br> Inc.<br>| 103752 | 12083995 |
| \* | Customers Bancorp, <br> Inc.<br>| 79008 | 3950400 |
|  | CVB Financial Corp. | 284859 | 5281286 |
| \* | Dave, Inc. | 5469 | 518571 |
|  | Diamond Hill <br> Investment Group, <br> Inc.<br>| 5368 | 676261 |
| # | DigitalBridge Group, <br> Inc.<br>| 302631 | 2542100 |
|  | Dime Community <br> Bancshares, Inc.<br>| 96258 | 2472868 |
|  | Discover Financial <br> Services<br>| 203687 | 37207504 |
|  | Donegal Group, Inc. <br> (DGICA US), <br> Class A<br>| 68531 | 1326075 |
|  | Donegal Group, Inc. <br> (DGICB US), <br> Class B<br>| 5678 | 93687 |
| \* | Donnelley Financial <br> Solutions, Inc.<br>| 77075 | 3715015 |
|  | Eagle Bancorp <br> Montana, Inc.<br>| 10752 | 187085 |
| # | Eagle Bancorp, Inc. | 43127 | 774130 |
|  | East West Bancorp, <br> Inc.<br>| 247188 | 21146933 |
|  | Eastern Bankshares, <br> Inc.<br>| 77800 | 1160776 |
| \* | eHealth, Inc. | 2192 | 12188 |
|  | Employers Holdings, <br> Inc.<br>| 65933 | 3203684 |
|  | Enact Holdings, Inc. | 24112 | 862968 |
| \* | Encore Capital Group, <br> Inc.<br>| 59884 | 2060010 |
| \* | Enova International, <br> Inc.<br>| 94321 | 8657725 |
| \* | Enstar Group Ltd. | 42857 | 14331809 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Enterprise Bancorp, <br> Inc.<br>| 18101 | $673357 |
|  | Enterprise Financial <br> Services Corp.<br>| 73875 | 3842977 |
|  | Equitable Holdings, <br> Inc.<br>| 521959 | 25810873 |
|  | Equity Bancshares, <br> Inc., Class A<br>| 34300 | 1320207 |
| # | Erie Indemnity Co., <br> Class A<br>| 27561 | 9883926 |
|  | Esquire Financial <br> Holdings, Inc.<br>| 14731 | 1221495 |
|  | ESSA Bancorp, Inc. | 19001 | 351519 |
|  | Essent Group Ltd. | 189061 | 10763243 |
| \* | Euronet Worldwide, <br> Inc.<br>| 86383 | 8560555 |
|  | Evans Bancorp, Inc. | 6754 | 259691 |
|  | Evercore, Inc., <br> Class A<br>| 50884 | 10445976 |
|  | Everest Group Ltd. | 43520 | 15616282 |
|  | EVERTEC, Inc. | 158139 | 5367238 |
| #\* | EZCORP, Inc., <br> Class A<br>| 137432 | 2249762 |
|  | F&G Annuities & Life, <br> Inc.<br>| 32157 | 1119385 |
|  | FactSet Research <br> Systems, Inc.<br>| 33613 | 14528211 |
|  | Farmers & Merchants <br> Bancorp, Inc.<br>| 8217 | 215039 |
|  | Farmers National Banc <br> Corp.<br>| 49951 | 651361 |
|  | FB Financial Corp. | 81078 | 3450680 |
|  | Federal Agricultural <br> Mortgage Corp. <br> (AGM US), Class C<br>| 22581 | 3959127 |
|  | Federal Agricultural <br> Mortgage Corp. <br> (AGM/A US), <br> Class A<br>| 2460 | 320673 |
|  | Federated Hermes, <br> Inc.<br>| 223422 | 9073167 |
|  | Fidelis Insurance <br> Holdings Ltd.<br>| 3974 | 64975 |
| # | Fidelity D&D Bancorp, <br> Inc.<br>| 2824 | 114316 |
|  | Fidelity National <br> Financial, Inc.<br>| 274106 | 17556489 |
|  | Fidelity National <br> Information Services, <br> Inc.<br>| 225562 | 17792331 |
|  | Fifth Third Bancorp | 780570 | 28053686 |
| \* | Finance of America <br> Cos., Inc., Class A<br>| 107 | 2234 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Financial Institutions, <br> Inc.<br>| 28118 | $713916 |
|  | Finward Bancorp | 1450 | 44457 |
| \* | Finwise Bancorp | 11665 | 176375 |
|  | First American <br> Financial Corp.<br>| 259806 | 15798803 |
|  | First BanCorp | 552393 | 10848999 |
|  | First Bancorp, Inc. | 24503 | 598608 |
|  | First Bancorp/Southern <br> Pines NC<br>| 109188 | 4417746 |
|  | First Bank | 38105 | 547950 |
|  | First Busey Corp. | 186803 | 3883634 |
|  | First Business <br> Financial Services, <br> Inc.<br>| 24196 | 1164795 |
|  | First Capital, Inc. | 4002 | 180530 |
|  | First Citizens <br> BancShares, Inc., <br> Class A<br>| 13321 | 23699924 |
|  | First Commonwealth <br> Financial Corp.<br>| 271741 | 4163072 |
|  | First Community <br> Bankshares, Inc.<br>| 51375 | 1935810 |
|  | First Community Corp. | 11112 | 261132 |
|  | First Financial <br> Bancorp<br>| 253474 | 5867923 |
|  | First Financial <br> Bankshares, Inc.<br>| 232735 | 7798950 |
|  | First Financial Corp. | 30359 | 1499735 |
| \*» | First Financial <br> Northwest, Inc.<br>| 22460 | 26952 |
|  | First Foundation, Inc. | 110772 | 556075 |
|  | First Hawaiian, Inc. | 100999 | 2308837 |
|  | First Horizon Corp. | 449089 | 8119529 |
|  | First Internet Bancorp | 23124 | 491616 |
|  | First Interstate <br> BancSystem, Inc., <br> Class A<br>| 83367 | 2183799 |
|  | First Merchants Corp. | 105774 | 3769785 |
|  | First Mid Bancshares, <br> Inc.<br>| 33697 | 1126491 |
|  | First National Corp. | 1920 | 37440 |
|  | First of Long Island <br> Corp.<br>| 47909 | 551912 |
|  | First Savings Financial <br> Group, Inc.<br>| 11154 | 297143 |
|  | First U.S. Bancshares, <br> Inc.<br>| 11190 | 139875 |
|  | First United Corp. | 18660 | 555508 |
| \* | First Western <br> Financial, Inc.<br>| 11240 | 237052 |
|  | FirstCash Holdings, <br> Inc.<br>| 103896 | 13917908 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | Firstsun Capital <br> Bancorp<br>| 614 | $21484 |
| \* | Fiserv, Inc. | 218222 | 40277235 |
|  | Five Star Bancorp | 8307 | 229938 |
| # | Flagstar Financial, Inc. | 72292 | 846539 |
|  | Flushing Financial <br> Corp.<br>| 42768 | 511933 |
| \* | Flywire Corp. | 5900 | 55519 |
|  | FNB Corp. | 611774 | 8008122 |
|  | Franklin Financial <br> Services Corp.<br>| 4753 | 183466 |
|  | Franklin Resources, <br> Inc.<br>| 18600 | 348936 |
|  | FS Bancorp, Inc. | 23810 | 930971 |
|  | Fulton Financial Corp. | 395795 | 6601861 |
| \* | FVCBankcorp, Inc. | 11566 | 132084 |
|  | GCM Grosvenor, Inc., <br> Class A<br>| 14589 | 182946 |
| \* | Genworth Financial, <br> Inc.<br>| 437533 | 3001476 |
|  | German American <br> Bancorp, Inc.<br>| 78789 | 2986891 |
| # | Glacier Bancorp, Inc. | 242460 | 9882670 |
|  | Glen Burnie Bancorp | 303 | 1591 |
|  | Global Payments, Inc. | 162975 | 12436622 |
|  | Globe Life, Inc. | 150636 | 18579444 |
|  | Goldman Sachs <br> Group, Inc.<br>| 169100 | 92590705 |
|  | Goosehead Insurance, <br> Inc., Class A<br>| 5842 | 567901 |
|  | Great Southern <br> Bancorp, Inc.<br>| 31136 | 1712480 |
| \* | Green Dot Corp., <br> Class A<br>| 1416 | 11852 |
|  | Greene County <br> Bancorp, Inc.<br>| 4267 | 94941 |
| \* | Greenlight Capital Re <br> Ltd., Class A<br>| 75578 | 991205 |
|  | Guaranty Bancshares, <br> Inc.<br>| 22315 | 880550 |
|  | Guild Holdings Co., <br> Class A<br>| 417 | 5404 |
| \* | Hagerty, Inc., Class A | 1923 | 16942 |
| # | Hamilton Lane, Inc., <br> Class A<br>| 53801 | 8311716 |
|  | Hancock Whitney <br> Corp.<br>| 212086 | 11047560 |
|  | Hanmi Financial Corp. | 56037 | 1281566 |
|  | Hanover Bancorp, Inc. | 217 | 5032 |
|  | Hanover Insurance <br> Group, Inc.<br>| 95525 | 15866702 |
|  | HarborOne Bancorp, <br> Inc.<br>| 94961 | 1074959 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Hartford Insurance <br> Group, Inc.<br>| 462207 | $56698933 |
|  | Hawthorn Bancshares, <br> Inc.<br>| 19298 | 569677 |
|  | HBT Financial, Inc. | 7172 | 166211 |
| # | HCI Group, Inc. | 22424 | 3280631 |
|  | Heritage Commerce <br> Corp.<br>| 86245 | 779655 |
|  | Heritage Financial <br> Corp.<br>| 79853 | 1822245 |
| \* | Heritage Insurance <br> Holdings, Inc.<br>| 46886 | 886145 |
|  | Hilltop Holdings, Inc. | 211368 | 6241697 |
| # | Hingham Institution For <br> Savings<br>| 3887 | 970040 |
| \* | Hippo Holdings, Inc. | 4725 | 109242 |
|  | Home Bancorp, Inc. | 17090 | 860311 |
|  | Home BancShares, <br> Inc.<br>| 400670 | 11118592 |
|  | Home Federal <br> Bancorp, Inc. of <br> Louisiana<br>| 5115 | 65932 |
| \* | HomeStreet, Inc. | 11934 | 135570 |
|  | HomeTrust <br> Bancshares, Inc.<br>| 17503 | 597552 |
|  | Hope Bancorp, Inc. | 221301 | 2206371 |
|  | Horace Mann <br> Educators Corp.<br>| 95956 | 3986012 |
|  | Horizon Bancorp, Inc. | 52227 | 766692 |
|  | Houlihan Lokey, Inc. | 96361 | 15618191 |
|  | Huntington <br> Bancshares, Inc.<br>| 1349510 | 19608380 |
|  | IF Bancorp, Inc. | 6461 | 153836 |
|  | Independent Bank <br> Corp. (IBCP US)<br>| 52735 | 1606308 |
|  | Independent Bank <br> Corp. (INDB US)<br>| 89689 | 5299723 |
|  | Interactive Brokers <br> Group, Inc., Class A<br>| 11067 | 1901864 |
|  | Intercontinental <br> Exchange, Inc.<br>| 172446 | 28965755 |
|  | International <br> Bancshares Corp.<br>| 165100 | 10077704 |
| \* | International Money <br> Express, Inc.<br>| 43106 | 535377 |
|  | Invesco Ltd. | 351194 | 4892132 |
|  | Investar Holding Corp. | 10969 | 209837 |
|  | Investors Title Co. | 4936 | 1141154 |
|  | Jack Henry & <br> Associates, Inc.<br>| 82112 | 14240684 |
|  | Jackson Financial, Inc., <br> Class A<br>| 88168 | 6869169 |
|  | Janus Henderson <br> Group PLC<br>| 252499 | 8385492 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Jefferies Financial <br> Group, Inc.<br>| 363688 | $16995140 |
|  | JPMorgan Chase & <br> Co.<br>| 1819978 | 445203018 |
|  | Kearny Financial <br> Corp.<br>| 61689 | 386173 |
|  | Kemper Corp. | 156473 | 9250684 |
| \* | Kentucky First Federal <br> Bancorp<br>| 5416 | 13269 |
|  | KeyCorp | 788337 | 11698921 |
| \* | Kingstone Cos., Inc. | 12183 | 207111 |
| # | Kinsale Capital Group, <br> Inc.<br>| 24672 | 10738735 |
|  | KKR & Co., Inc. | 220163 | 25158026 |
|  | Lake Shore Bancorp, <br> Inc.<br>| 8295 | 122268 |
|  | Lakeland Financial <br> Corp.<br>| 71769 | 3995380 |
|  | Landmark Bancorp, <br> Inc.<br>| 13854 | 390821 |
| # | Lazard, Inc. | 62247 | 2421408 |
|  | LCNB Corp. | 13732 | 206255 |
| \* | LendingClub Corp. | 179648 | 1755161 |
| \* | LendingTree, Inc. | 11636 | 600301 |
|  | Lincoln National Corp. | 303222 | 9663685 |
|  | Live Oak Bancshares, <br> Inc.<br>| 78325 | 2047415 |
|  | Loews Corp. | 300622 | 26103008 |
| # | LPL Financial <br> Holdings, Inc.<br>| 108895 | 34823532 |
|  | M&T Bank Corp. | 130404 | 22137383 |
|  | Magyar Bancorp, Inc. | 10743 | 148039 |
| \* | Markel Group, Inc. | 12029 | 21875939 |
|  | MarketAxess Holdings, <br> Inc.<br>| 26704 | 5917339 |
| #\* | Marqeta, Inc., Class A | 381261 | 1593671 |
|  | Marsh & McLennan <br> Cos., Inc.<br>| 217295 | 48993504 |
|  | Mastercard, Inc., <br> Class A<br>| 486597 | 266684352 |
|  | Mercantile Bank Corp. | 42466 | 1796736 |
|  | Merchants Bancorp | 34955 | 1051446 |
|  | Mercury General <br> Corp.<br>| 78241 | 4336116 |
|  | Meridian Corp. | 15480 | 208980 |
|  | MetLife, Inc. | 474080 | 35731410 |
|  | Metrocity Bankshares, <br> Inc.<br>| 12871 | 354853 |
| \* | Metropolitan Bank <br> Holding Corp.<br>| 13690 | 847822 |
|  | MGIC Investment <br> Corp.<br>| 490983 | 12230387 |
|  | Mid Penn Bancorp, <br> Inc.<br>| 25453 | 739410 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Middlefield Banc Corp. | 15418 | $399789 |
|  | Midland States <br> Bancorp, Inc.<br>| 39439 | 642067 |
|  | MidWestOne Financial <br> Group, Inc.<br>| 37240 | 1033038 |
|  | Moelis & Co., Class A | 44256 | 2371236 |
|  | Moody's Corp. | 56054 | 25399188 |
|  | Morgan Stanley | 734478 | 84773451 |
|  | Morningstar, Inc. | 42526 | 12108003 |
| \* | Mr. Cooper Group, <br> Inc.<br>| 52741 | 6276706 |
|  | MSCI, Inc. | 28097 | 15315956 |
|  | MVB Financial Corp. | 20313 | 346540 |
|  | Nasdaq, Inc. | 438668 | 33430888 |
|  | National Bank Holdings <br> Corp., Class A<br>| 100659 | 3639829 |
|  | National Bankshares, <br> Inc.<br>| 200 | 5154 |
|  | Navient Corp. | 440857 | 5457810 |
| # | NBT Bancorp, Inc. | 125226 | 5302069 |
| \* | NCR Atleos Corp. | 138349 | 3862704 |
|  | Nelnet, Inc., Class A | 83753 | 8885356 |
| \* | NerdWallet, Inc., <br> Class A<br>| 58998 | 528622 |
| \* | NI Holdings, Inc. | 26669 | 333363 |
| # | Nicolet Bankshares, <br> Inc.<br>| 36219 | 4230741 |
| \* | NMI Holdings, Inc. | 235780 | 8528163 |
|  | Northeast Bank | 21480 | 1778974 |
|  | Northeast Community <br> Bancorp, Inc.<br>| 4059 | 92383 |
|  | Northern Trust Corp. | 220900 | 20760182 |
|  | Northfield Bancorp, <br> Inc.<br>| 89094 | 939942 |
|  | Northrim BanCorp, <br> Inc.<br>| 15135 | 1215189 |
|  | Northwest Bancshares, <br> Inc.<br>| 308531 | 3810358 |
|  | Norwood Financial <br> Corp.<br>| 4550 | 113796 |
|  | Oak Valley Bancorp | 15512 | 406414 |
|  | OceanFirst Financial <br> Corp.<br>| 136551 | 2261285 |
|  | OFG Bancorp | 123606 | 4863896 |
|  | Ohio Valley Banc <br> Corp.<br>| 8106 | 291978 |
| \* | Old Market Capital <br> Corp.<br>| 4633 | 26454 |
| # | Old National Bancorp | 694791 | 14305747 |
|  | Old Point Financial <br> Corp.<br>| 6443 | 250246 |
|  | Old Republic <br> International Corp.<br>| 457479 | 17201210 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Old Second Bancorp, <br> Inc.<br>| 94262 | $1488397 |
|  | OneMain Holdings, <br> Inc.<br>| 152536 | 7179870 |
| \* | Onity Group, Inc. | 15956 | 598510 |
|  | OP Bancorp | 16829 | 216084 |
| #\* | Open Lending Corp. | 110864 | 137471 |
|  | Oppenheimer <br> Holdings, Inc., <br> Class A<br>| 16285 | 960978 |
|  | OppFi, Inc. | 912 | 8527 |
| \* | OptimumBank <br> Holdings, Inc.<br>| 3801 | 16458 |
|  | Orange County <br> Bancorp, Inc.<br>| 2338 | 55481 |
|  | Origin Bancorp, Inc. | 40874 | 1309603 |
|  | Orrstown Financial <br> Services, Inc.<br>| 43199 | 1294674 |
| \* | Oscar Health, Inc., <br> Class A<br>| 179701 | 2337910 |
|  | Pacific Premier <br> Bancorp, Inc.<br>| 89842 | 1827386 |
| \* | Palomar Holdings, Inc. | 45038 | 6531411 |
|  | Park National Corp. | 42357 | 6357786 |
|  | Parke Bancorp, Inc. | 31687 | 597300 |
|  | Pathfinder Bancorp, <br> Inc.<br>| 8118 | 111298 |
|  | Pathward Financial, <br> Inc.<br>| 72350 | 5742419 |
| \* | Paymentus Holdings, <br> Inc., Class A<br>| 40097 | 1301549 |
| \* | Payoneer Global, Inc. | 394748 | 2775078 |
| \* | PayPal Holdings, Inc. | 227159 | 14956149 |
| #\* | Paysafe Ltd. | 99447 | 1514578 |
| \* | Paysign, Inc. | 3016 | 7238 |
|  | PCB Bancorp | 23637 | 463522 |
|  | Peapack-Gladstone <br> Financial Corp.<br>| 46834 | 1296365 |
|  | Penns Woods <br> Bancorp, Inc.<br>| 7848 | 229397 |
|  | PennyMac Financial <br> Services, Inc.<br>| 98288 | 9577183 |
|  | Peoples Bancorp of <br> North Carolina, Inc.<br>| 13336 | 368340 |
|  | Peoples Bancorp, Inc. | 94370 | 2737674 |
|  | Peoples Financial <br> Services Corp.<br>| 4670 | 201837 |
|  | Pinnacle Financial <br> Partners, Inc.<br>| 131139 | 13145373 |
| \* | Pioneer Bancorp, Inc. | 32050 | 359601 |
|  | Piper Sandler Cos. | 39150 | 9439848 |
| # | PJT Partners, Inc., <br> Class A<br>| 21670 | 3070856 |
|  | Plumas Bancorp | 13751 | 606282 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | PNC Financial <br> Services Group, Inc.<br>| 184664 | $29673658 |
| \* | Ponce Financial <br> Group, Inc.<br>| 39730 | 511325 |
|  | Popular, Inc. | 192027 | 18323216 |
| \* | PRA Group, Inc. | 127010 | 2324283 |
| # | Preferred Bank | 35554 | 2839342 |
|  | Primerica, Inc. | 65185 | 17083033 |
|  | Primis Financial Corp. | 29207 | 240666 |
|  | Princeton Bancorp, <br> Inc.<br>| 15033 | 458206 |
|  | Principal Financial <br> Group, Inc.<br>| 285996 | 21206603 |
| \* | Priority Technology <br> Holdings, Inc.<br>| 2223 | 16139 |
| \* | ProAssurance Corp. | 99926 | 2319282 |
|  | PROG Holdings, Inc. | 115906 | 3055282 |
|  | Progressive Corp. | 208376 | 58707854 |
|  | Prosperity Bancshares, <br> Inc.<br>| 184888 | 12553895 |
| \* | Provident Bancorp, <br> Inc.<br>| 23142 | 256876 |
|  | Provident Financial <br> Holdings, Inc.<br>| 17143 | 257316 |
|  | Provident Financial <br> Services, Inc.<br>| 156618 | 2563837 |
|  | Prudential Financial, <br> Inc.<br>| 251951 | 25877887 |
|  | QCR Holdings, Inc. | 44710 | 2903914 |
|  | Radian Group, Inc. | 181035 | 5782258 |
|  | Raymond James <br> Financial, Inc.<br>| 171665 | 23524972 |
|  | RBB Bancorp | 44062 | 686486 |
|  | Red River Bancshares, <br> Inc.<br>| 3034 | 159892 |
|  | Regional Management <br> Corp.<br>| 22928 | 755019 |
|  | Regions Financial <br> Corp.<br>| 850277 | 17354154 |
|  | Reinsurance Group of <br> America, Inc.<br>| 94766 | 17750619 |
| \* | Remitly Global, Inc. | 108773 | 2199390 |
|  | RenaissanceRe <br> Holdings Ltd.<br>| 85190 | 20610017 |
| # | Renasant Corp. | 194984 | 6253137 |
| \* | Repay Holdings Corp. | 113862 | 455448 |
|  | Republic Bancorp, Inc., <br> Class A<br>| 45364 | 3077947 |
| \* | Rhinebeck Bancorp, <br> Inc.<br>| 6548 | 71373 |
|  | Richmond Mutual <br> BanCorp, Inc.<br>| 8215 | 115256 |
|  | Riverview Bancorp, <br> Inc.<br>| 31957 | 201968 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | RLI Corp. | 184480 | $13653365 |
| \* | Robinhood Markets, <br> Inc., Class A<br>| 304215 | 14939999 |
| # | Rocket Cos., Inc., <br> Class A<br>| 16585 | 214112 |
| \* | Root, Inc., Class A | 752 | 105032 |
|  | S&P Global, Inc. | 89725 | 44866986 |
|  | S&T Bancorp, Inc. | 93196 | 3396062 |
|  | Safety Insurance <br> Group, Inc.<br>| 40566 | 3103299 |
|  | SB Financial Group, <br> Inc.<br>| 12913 | 251029 |
|  | Seacoast Banking <br> Corp. of Florida<br>| 48156 | 1141779 |
| \* | Security National <br> Financial Corp., <br> Class A<br>| 46601 | 477194 |
| # | SEI Investments Co. | 235630 | 18447473 |
|  | Selective Insurance <br> Group, Inc.<br>| 118259 | 10315733 |
| \* | Selectquote, Inc. | 74453 | 236016 |
|  | ServisFirst <br> Bancshares, Inc.<br>| 120633 | 8591482 |
| #\* | Shift4 Payments, Inc., <br> Class A<br>| 102318 | 8369612 |
|  | Shore Bancshares, <br> Inc.<br>| 18936 | 261885 |
| \* | Siebert Financial <br> Corp.<br>| 2656 | 9110 |
|  | Sierra Bancorp | 28710 | 759667 |
|  | Silvercrest Asset <br> Management Group, <br> Inc., Class A<br>| 27562 | 421699 |
|  | Simmons First National <br> Corp., Class A<br>| 86703 | 1617878 |
| \* | SiriusPoint Ltd. | 365154 | 6134587 |
| \* | Skyward Specialty <br> Insurance Group, <br> Inc.<br>| 25077 | 1331338 |
| # | SLM Corp. | 577290 | 16689454 |
|  | SmartFinancial, Inc. | 24425 | 743008 |
| #\* | SoFi Technologies, <br> Inc.<br>| 1731132 | 21656461 |
|  | Sound Financial <br> Bancorp, Inc.<br>| 5599 | 284261 |
|  | South Plains Financial, <br> Inc.<br>| 8821 | 297356 |
| \* | Southern First <br> Bancshares, Inc.<br>| 9314 | 330740 |
|  | Southern Missouri <br> Bancorp, Inc.<br>| 16218 | 853878 |
|  | Southern States <br> Bancshares, Inc.<br>| 5532 | 184824 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Southside Bancshares, <br> Inc.<br>| 53171 | $1498890 |
|  | SouthState Corp. | 115189 | 9996101 |
|  | SR Bancorp, Inc. | 895 | 11742 |
|  | State Street Corp. | 247354 | 21791887 |
|  | Stellar Bancorp, Inc. | 41103 | 1025931 |
|  | StepStone Group, Inc., <br> Class A<br>| 29274 | 1463993 |
| \*» | Sterling Bancorp, Inc. | 27876 | 134920 |
|  | Stewart Information <br> Services Corp.<br>| 73479 | 4811405 |
|  | Stifel Financial Corp. | 181426 | 15546394 |
| # | Stock Yards Bancorp, <br> Inc.<br>| 75187 | 5472862 |
| \* | StoneX Group, Inc. | 117019 | 10363788 |
|  | Summit State Bank | 14814 | 133919 |
|  | SWK Holdings Corp. | 654 | 9215 |
|  | Synchrony Financial | 507113 | 26344520 |
|  | Synovus Financial <br> Corp.<br>| 339901 | 14724511 |
| # | T. Rowe Price Group, <br> Inc.<br>| 193183 | 17106355 |
| \* | Texas Capital <br> Bancshares, Inc.<br>| 122677 | 8360438 |
| # | TFS Financial Corp. | 244484 | 3168513 |
| \* | Third Coast <br> Bancshares, Inc.<br>| 3646 | 108651 |
|  | Timberland Bancorp, <br> Inc.<br>| 15758 | 484401 |
|  | Tiptree, Inc. | 123205 | 2748704 |
| \* | Toast, Inc., Class A | 98969 | 3521317 |
|  | Tompkins Financial <br> Corp.<br>| 21612 | 1288075 |
|  | Towne Bank | 118912 | 3918150 |
|  | Tradeweb Markets, <br> Inc., Class A<br>| 20578 | 2845937 |
|  | Travelers Cos., Inc. | 208901 | 55177021 |
|  | TriCo Bancshares | 71819 | 2770777 |
| \* | Triumph Financial, Inc. | 62086 | 3316634 |
|  | Truist Financial Corp. | 562697 | 21573803 |
| \* | Trupanion, Inc. | 12914 | 472652 |
|  | TrustCo Bank Corp. | 48047 | 1463031 |
|  | Trustmark Corp. | 144303 | 4841366 |
|  | U.S. Bancorp | 724966 | 29245128 |
|  | U.S. Global Investors, <br> Inc., Class A<br>| 4338 | 9240 |
|  | UMB Financial Corp. | 162723 | 15388714 |
|  | Union Bankshares, <br> Inc.<br>| 3042 | 100629 |
|  | United Bancorp, Inc. | 11080 | 137946 |
|  | United Bancshares, <br> Inc.<br>| 5875 | 158449 |
|  | United Bankshares, <br> Inc.<br>| 418194 | 14339872 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | United Community <br> Banks, Inc.<br>| 168536 | $4653279 |
|  | United Fire Group, <br> Inc.<br>| 52361 | 1448829 |
|  | United Security <br> Bancshares<br>| 30125 | 268113 |
|  | Unity Bancorp, Inc. | 24361 | 1008545 |
|  | Universal Insurance <br> Holdings, Inc.<br>| 75615 | 1832908 |
|  | Univest Financial <br> Corp.<br>| 71611 | 2115389 |
|  | Unum Group | 302556 | 23496499 |
|  | USCB Financial <br> Holdings, Inc.<br>| 9556 | 162070 |
|  | UWM Holdings Corp. | 17556 | 82513 |
|  | Valley National <br> Bancorp<br>| 760272 | 6538339 |
|  | Value Line, Inc. | 11063 | 452477 |
| \* | Velocity Financial, Inc. | 18284 | 326735 |
|  | Veritex Holdings, Inc. | 65760 | 1530893 |
|  | Victory Capital <br> Holdings, Inc., <br> Class A<br>| 81621 | 4676067 |
|  | Virginia National <br> Bankshares Corp.<br>| 1567 | 57634 |
|  | Virtu Financial, Inc., <br> Class A<br>| 131769 | 5158756 |
|  | Virtus Investment <br> Partners, Inc.<br>| 18801 | 2887646 |
|  | Visa, Inc., Class A | 841575 | 290764162 |
|  | Voya Financial, Inc. | 174011 | 10301451 |
|  | W.R. Berkley Corp. | 336746 | 24141321 |
|  | WaFd, Inc. | 189982 | 5420186 |
|  | Walker & Dunlop, Inc. | 89592 | 6857372 |
|  | Washington Trust <br> Bancorp, Inc.<br>| 28705 | 792258 |
|  | Waterstone Financial, <br> Inc.<br>| 47270 | 571967 |
|  | Webster Financial <br> Corp.<br>| 303388 | 14350252 |
|  | Wells Fargo & Co. | 1742572 | 123740038 |
|  | WesBanco, Inc. | 217689 | 6482778 |
|  | West BanCorp, Inc. | 34905 | 677332 |
|  | Westamerica BanCorp | 57509 | 2785161 |
| # | Western Alliance <br> Bancorp<br>| 178421 | 12437728 |
|  | Western New England <br> Bancorp, Inc.<br>| 55617 | 513345 |
| # | Western Union Co. | 345231 | 3421239 |
|  | Westwood Holdings <br> Group, Inc.<br>| 25506 | 425950 |
| \* | WEX, Inc. | 49352 | 6434020 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | White Mountains <br> Insurance Group <br> Ltd.<br>| 6818 | $12050474 |
|  | Willis Towers Watson <br> PLC<br>| 83445 | 25684371 |
|  | Wintrust Financial <br> Corp.<br>| 169379 | 18829863 |
|  | WisdomTree, Inc. | 278008 | 2418670 |
| \* | World Acceptance <br> Corp.<br>| 15543 | 2006912 |
| # | WSFS Financial Corp. | 157343 | 8111032 |
|  | WVS Financial Corp. | 2157 | 26607 |
|  | Zions Bancorp NA | 269231 | 12107318 |
| TOTAL FINANCIALS | TOTAL FINANCIALS |  | 5514436313 |
| HEALTH CARE — (9.2%) | HEALTH CARE — (9.2%) | HEALTH CARE — (9.2%) | HEALTH CARE — (9.2%) |
| \* | 89bio, Inc. | 14905 | 119538 |
|  | Abbott Laboratories | 654730 | 85605947 |
|  | AbbVie, Inc. | 1090619 | 212779767 |
| †† | Abiomed, Inc. | 32675 | 510057 |
| #\* | Absci Corp. | 11952 | 36693 |
| \* | AC Immune SA | 11812 | 20435 |
| \* | Acadia Healthcare Co., <br> Inc.<br>| 110474 | 2585092 |
| \* | ACADIA <br> Pharmaceuticals, <br> Inc.<br>| 29962 | 437445 |
| \* | AdaptHealth Corp. | 137725 | 1172040 |
| \* | Adaptive <br> Biotechnologies <br> Corp.<br>| 12703 | 93494 |
| \* | Addus HomeCare <br> Corp.<br>| 36448 | 3810638 |
| \* | ADMA Biologics, Inc. | 246476 | 5866129 |
| †† | Aduro Biotech, Inc. | 19543 | 7426 |
| \* | Adverum <br> Biotechnologies, <br> Inc.<br>| 19368 | 63140 |
|  | Agilent Technologies, <br> Inc.<br>| 131407 | 14139393 |
| \* | Agios Pharmaceuticals, <br> Inc.<br>| 31915 | 947556 |
| \* | Akero Therapeutics, <br> Inc.<br>| 7941 | 362189 |
| †† | Albireo Pharma, Inc. | 26553 | 154273 |
| \* | Aldeyra Therapeutics, <br> Inc.<br>| 17053 | 45190 |
| \* | Align Technology, Inc. | 17364 | 3009181 |
| \* | Alkermes PLC | 139666 | 4018191 |
| \* | Alnylam <br> Pharmaceuticals, <br> Inc.<br>| 12644 | 3328407 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | American Shared <br> Hospital Services<br>| 3958 | $10687 |
|  | Amgen, Inc. | 365932 | 106456937 |
| \* | AMN Healthcare <br> Services, Inc.<br>| 58580 | 1196789 |
| \* | Amneal <br> Pharmaceuticals, <br> Inc.<br>| 232756 | 1782911 |
| \* | Amphastar <br> Pharmaceuticals, <br> Inc.<br>| 4416 | 107795 |
| \* | AngioDynamics, Inc. | 48083 | 446691 |
| #\* | ANI Pharmaceuticals, <br> Inc.<br>| 42861 | 3035416 |
| \* | Anika Therapeutics, <br> Inc.<br>| 23041 | 334786 |
| \* | Arcellx, Inc. | 1581 | 102686 |
| #\* | Arcturus Therapeutics <br> Holdings, Inc.<br>| 37878 | 485217 |
| \* | Arcus Biosciences, <br> Inc.<br>| 112715 | 986256 |
| #\* | ARS Pharmaceuticals, <br> Inc.<br>| 8588 | 119974 |
| #\* | Artivion, Inc. | 114590 | 2714637 |
| \* | Arvinas, Inc. | 21261 | 204531 |
| #\* | Astrana Health, Inc. | 57595 | 1795236 |
| \* | Atea Pharmaceuticals, <br> Inc.<br>| 16803 | 49569 |
| \* | AtriCure, Inc. | 9138 | 273318 |
| \* | Aura Biosciences, Inc. | 35850 | 209005 |
| \* | Avanos Medical, Inc. | 60807 | 763128 |
| #\* | Avantor, Inc. | 133993 | 1740569 |
| #\* | Axogen, Inc. | 52822 | 859414 |
| \* | Azenta, Inc. | 77644 | 2045143 |
|  | Baxter International, <br> Inc.<br>| 215088 | 6704293 |
| #\* | Beam Therapeutics, <br> Inc.<br>| 177638 | 3540325 |
|  | Becton Dickinson & <br> Co.<br>| 73563 | 15234162 |
| \* | Biogen, Inc. | 60332 | 7304999 |
| #\* | BioLife Solutions, Inc. | 102068 | 2460859 |
| \* | BioMarin <br> Pharmaceutical, Inc.<br>| 22411 | 1427357 |
| #\* | Bio-Rad Laboratories, <br> Inc., Class A<br>| 16341 | 3988511 |
| \* | Biote Corp., Class A | 40878 | 136124 |
|  | Bio-Techne Corp. | 113960 | 5737886 |
| \* | Bioventus, Inc., <br> Class A<br>| 15703 | 114789 |
| \* | Boston Scientific Corp. | 388223 | 39936500 |
|  | Bristol-Myers Squibb <br> Co.<br>| 923398 | 46354580 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Brookdale Senior <br> Living, Inc.<br>| 307501 | $2017207 |
|  | Bruker Corp. | 251344 | 10068841 |
|  | Cardinal Health, Inc. | 155230 | 21932447 |
| \* | CareDx, Inc. | 29409 | 496424 |
| \* | Castle Biosciences, <br> Inc.<br>| 36959 | 741028 |
| \* | Catalyst <br> Pharmaceuticals, <br> Inc.<br>| 188275 | 4573200 |
|  | Cencora, Inc. | 125411 | 36704037 |
| \* | Centene Corp. | 375289 | 22461047 |
| \* | Certara, Inc. | 251358 | 3483822 |
| \* | Charles River <br> Laboratories <br> International, Inc.<br>| 54024 | 6408327 |
|  | Chemed Corp. | 25852 | 15033197 |
| †† | Chinook Therapeutics, <br> Inc.<br>| 21057 | 42114 |
|  | Cigna Group | 169081 | 57494303 |
| \* | Clover Health <br> Investments Corp.<br>| 31532 | 107209 |
| \* | Collegium <br> Pharmaceutical, Inc.<br>| 88658 | 2393323 |
| \* | Community Health <br> Systems, Inc.<br>| 139669 | 381296 |
| \* | Compass <br> Therapeutics, Inc.<br>| 173 | 322 |
|  | Concentra Group <br> Holdings Parent, <br> Inc.<br>| 278537 | 6058180 |
| # | CONMED Corp. | 56825 | 2790676 |
| \* | Cooper Cos., Inc. | 153906 | 12569503 |
| \* | Corcept Therapeutics, <br> Inc.<br>| 166436 | 11963420 |
| \* | CorVel Corp. | 84183 | 9155743 |
| #\* | CRISPR Therapeutics <br> AG<br>| 97761 | 3780418 |
| \* | Cross Country <br> Healthcare, Inc.<br>| 74569 | 1010410 |
| \* | Cullinan Therapeutics, <br> Inc.<br>| 46694 | 386626 |
|  | CVS Health Corp. | 644521 | 42995996 |
| \* | Cytek Biosciences, <br> Inc.<br>| 150847 | 559642 |
|  | Danaher Corp. | 195436 | 38956258 |
| #\* | DaVita, Inc. | 155909 | 22068919 |
| \* | Day One <br> Biopharmaceuticals, <br> Inc.<br>| 35686 | 277637 |
| \* | Denali Therapeutics, <br> Inc.<br>| 130972 | 2180684 |
|  | Dentsply Sirona, Inc. | 131783 | 1831784 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Design Therapeutics, <br> Inc.<br>| 2000 | $9720 |
| \* | Dexcom, Inc. | 44108 | 3148429 |
| \* | Disc Medicine, Inc. | 8381 | 414189 |
| \* | Doximity, Inc., Class A | 93751 | 5332557 |
| #\* | Dynavax Technologies <br> Corp.<br>| 305174 | 3585794 |
| \* | Edgewise <br> Therapeutics, Inc.<br>| 9047 | 148371 |
| \* | Edwards Lifesciences <br> Corp.<br>| 155162 | 11713179 |
| \* | Elanco Animal Health, <br> Inc.<br>| 566205 | 5367623 |
| \* | Electromed, Inc. | 13044 | 300403 |
|  | Elevance Health, Inc. | 124444 | 52338657 |
|  | Eli Lilly & Co. | 402622 | 361937047 |
|  | Embecta Corp. | 11538 | 140648 |
| \* | Emergent BioSolutions, <br> Inc.<br>| 7184 | 38363 |
| \* | Enanta <br> Pharmaceuticals, <br> Inc.<br>| 1368 | 8331 |
|  | Encompass Health <br> Corp.<br>| 228833 | 26771173 |
| \* | Enhabit, Inc. | 124018 | 990904 |
| #\* | Enovis Corp. | 64748 | 2239633 |
|  | Ensign Group, Inc. | 97320 | 12553307 |
| \* | Entrada Therapeutics, <br> Inc.<br>| 2434 | 22222 |
| #\* | Envista Holdings <br> Corp.<br>| 185432 | 2981747 |
| #\* | Evolent Health, Inc., <br> Class A<br>| 58317 | 575006 |
| \* | Exact Sciences Corp. | 47821 | 2182550 |
| \* | Exagen, Inc. | 3009 | 18746 |
| \* | Exelixis, Inc. | 372943 | 14600718 |
| \* | FONAR Corp. | 14228 | 178561 |
| \* | Forian, Inc. | 4603 | 9298 |
| \* | Fortrea Holdings, Inc. | 114141 | 711098 |
| \* | Fulcrum Therapeutics, <br> Inc.<br>| 84316 | 324617 |
| \* | Fulgent Genetics, Inc. | 10869 | 188577 |
| \* | GE HealthCare <br> Technologies, Inc.<br>| 242333 | 17043280 |
|  | Gilead Sciences, Inc. | 743690 | 79232733 |
| \* | Glaukos Corp. | 8007 | 754660 |
| \* | Globus Medical, Inc., <br> Class A<br>| 11250 | 807412 |
| #\* | GoodRx Holdings, Inc., <br> Class A<br>| 116288 | 538413 |
| \* | GRAIL, Inc. | 2934 | 101208 |
| \* | Haemonetics Corp. | 106289 | 6698333 |
| #\* | Halozyme <br> Therapeutics, Inc.<br>| 162942 | 10007898 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Harmony Biosciences <br> Holdings, Inc.<br>| 61252 | $1805096 |
| \* | Harvard Bioscience, <br> Inc.<br>| 93061 | 33158 |
|  | HCA Healthcare, Inc. | 40275 | 13898097 |
| \* | Health Catalyst, Inc. | 37902 | 149713 |
| #\* | HealthEquity, Inc. | 98120 | 8410846 |
|  | HealthStream, Inc. | 72291 | 2431146 |
| #\* | Henry Schein, Inc. | 155176 | 10081785 |
| \* | Hologic, Inc. | 208337 | 12125213 |
|  | Humana, Inc. | 80513 | 21113729 |
| \* | ICON PLC | 26655 | 4036633 |
| \* | ICU Medical, Inc. | 16112 | 2200738 |
| \* | IDEXX Laboratories, <br> Inc.<br>| 49085 | 21236625 |
| \* | Illumina, Inc. | 18170 | 1409992 |
| \*†† | IMARA, Inc. | 6186 | 0 |
| \* | ImmuCell Corp. | 18384 | 99641 |
| \* | Immunovant, Inc. | 4430 | 71544 |
| \* | Incyte Corp. | 117051 | 7334416 |
| \* | InfuSystem Holdings, <br> Inc.<br>| 40643 | 191835 |
| #\* | Innoviva, Inc. | 154735 | 2891997 |
| \* | Inogen, Inc. | 3001 | 21397 |
| #\* | Insmed, Inc. | 8769 | 631368 |
| #\* | Inspire Medical <br> Systems, Inc.<br>| 12157 | 1925426 |
| \* | Instil Bio, Inc. | 636 | 8173 |
| \* | Insulet Corp. | 21463 | 5414900 |
| #\* | Integer Holdings Corp. | 76225 | 9627980 |
| \* | Integra LifeSciences <br> Holdings Corp.<br>| 74076 | 1214106 |
| #\* | Intellia Therapeutics, <br> Inc.<br>| 127715 | 1132832 |
| \* | Intuitive Surgical, Inc. | 34199 | 17639844 |
| #\* | Iovance <br> Biotherapeutics, Inc.<br>| 36800 | 132112 |
| \* | IQVIA Holdings, Inc. | 106842 | 16567989 |
|  | iRadimed Corp. | 6240 | 327038 |
| \* | iTeos Therapeutics, <br> Inc.<br>| 54490 | 395052 |
| \* | Jazz Pharmaceuticals <br> PLC<br>| 60724 | 7102279 |
|  | Johnson & Johnson | 1485599 | 232213980 |
| #\* | Joint Corp. | 29610 | 296396 |
| \* | KalVista <br> Pharmaceuticals, <br> Inc.<br>| 32314 | 444964 |
| \* | Kewaunee Scientific <br> Corp.<br>| 6314 | 199964 |
| \* | Kiniksa <br> Pharmaceuticals <br> International PLC<br>| 43887 | 1183632 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | KORU Medical <br> Systems, Inc.<br>| 5740 | $15785 |
| \* | Krystal Biotech, Inc. | 28315 | 4810152 |
| \* | Kura Oncology, Inc. | 92618 | 607574 |
| \* | Kymera Therapeutics, <br> Inc.<br>| 7842 | 268745 |
|  | Labcorp Holdings, Inc. | 86550 | 20859415 |
| \* | Lantern Pharma, Inc. | 2813 | 9902 |
| #\* | Lantheus Holdings, <br> Inc.<br>| 159155 | 16606233 |
|  | LeMaitre Vascular, Inc. | 34411 | 3122454 |
| \* | LENSAR, Inc. | 35748 | 502259 |
| \* | LENZ Therapeutics, <br> Inc.<br>| 2963 | 84490 |
| \* | LifeStance Health <br> Group, Inc.<br>| 57735 | 379319 |
| \* | Ligand <br> Pharmaceuticals, <br> Inc.<br>| 48211 | 5296460 |
| \* | Lipocine, Inc. | 32 | 106 |
| \* | Lisata Therapeutics, <br> Inc.<br>| 1515 | 3591 |
| \* | LivaNova PLC | 65111 | 2409107 |
| \* | MannKind Corp. | 115795 | 583607 |
| #\* | Masimo Corp. | 32487 | 5229108 |
| \* | MaxCyte, Inc. | 87731 | 249156 |
|  | McKesson Corp. | 25394 | 18100589 |
| #\* | Medpace Holdings, <br> Inc.<br>| 45807 | 14126421 |
|  | Medtronic PLC | 420257 | 35620983 |
| \* | MeiraGTx Holdings <br> PLC<br>| 43944 | 311563 |
|  | Merck & Co., Inc. | 893535 | 76129182 |
| \* | Merit Medical Systems, <br> Inc.<br>| 125296 | 11834207 |
| \*†† | Merrimack <br> Pharmaceuticals, <br> Inc.<br>| 2035 | 0 |
| # | Mesa Laboratories, <br> Inc.<br>| 5744 | 661996 |
| \* | Mettler-Toledo <br> International, Inc.<br>| 12291 | 13158376 |
| \* | MiMedx Group, Inc. | 27235 | 187377 |
| †† | Mirati Therapeutics, <br> Inc.<br>| 32564 | 97041 |
| \* | Molina Healthcare, <br> Inc.<br>| 60991 | 19944667 |
| \* | Myriad Genetics, Inc. | 116426 | 862717 |
| \* | Natera, Inc. | 23316 | 3519084 |
|  | National HealthCare <br> Corp.<br>| 41132 | 3886563 |
|  | National Research <br> Corp.<br>| 38592 | 438405 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Nautilus Biotechnology, <br> Inc.<br>| 17203 | $11846 |
| \* | Neogen Corp. | 44690 | 225684 |
| #\* | NeoGenomics, Inc. | 151282 | 967448 |
| \*» | Neoleukin <br> Therapeutics, Inc.<br>| 1526 | 0 |
| \* | Neurocrine <br> Biosciences, Inc.<br>| 47061 | 5067999 |
| \* | Niagen Bioscience, <br> Inc.<br>| 3724 | 29233 |
| \* | Olema <br> Pharmaceuticals, <br> Inc.<br>| 55851 | 288191 |
| \*» | OmniAb, Inc. <br> (2200963D US)<br>| 13783 | 0 |
| \*» | OmniAb, Inc. <br> (2200964D US)<br>| 13783 | 0 |
| #\* | OmniAb, Inc. (OABI <br> UQ)<br>| 153274 | 260566 |
| \* | Omnicell, Inc. | 62115 | 1941715 |
| \*†† | Opiant <br> Pharmaceuticals, <br> Inc.<br>| 5178 | 0 |
| \* | OptimizeRx Corp. | 15151 | 138177 |
| \* | Option Care Health, <br> Inc.<br>| 171490 | 5540842 |
| \* | Oramed <br> Pharmaceuticals, <br> Inc.<br>| 23349 | 54170 |
| \* | OraSure Technologies, <br> Inc.<br>| 119027 | 355891 |
| \* | Organogenesis <br> Holdings, Inc.<br>| 47614 | 233785 |
| # | Organon & Co. | 258864 | 3347112 |
| \* | ORIC Pharmaceuticals, <br> Inc.<br>| 26206 | 149636 |
| \* | OrthoPediatrics Corp. | 6700 | 139494 |
| \* | Owens & Minor, Inc. | 194666 | 1374342 |
| \* | Pacira BioSciences, <br> Inc.<br>| 29752 | 800329 |
| \*†† | PDL BioPharma, Inc. | 458319 | 238326 |
| \* | Pediatrix Medical <br> Group, Inc.<br>| 35428 | 456313 |
| \* | Pennant Group, Inc. | 40640 | 1041197 |
| \* | Penumbra, Inc. | 10244 | 2999853 |
| \* | Performant Healthcare, <br> Inc.<br>| 14004 | 33049 |
| # | Perrigo Co. PLC | 90856 | 2336816 |
| \* | Personalis, Inc. | 8213 | 31045 |
|  | Pfizer, Inc. | 2208743 | 53915417 |
|  | Phibro Animal Health <br> Corp., Class A<br>| 49603 | 923112 |
| \* | Phreesia, Inc. | 2615 | 65270 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| †† | Poseida Therapeutics, <br> Inc.<br>| 45912 | $22956 |
| # | Premier, Inc., Class A | 187185 | 3809215 |
| \* | Prestige Consumer <br> Healthcare, Inc.<br>| 129274 | 10500927 |
| \* | Privia Health Group, <br> Inc.<br>| 13606 | 319469 |
| \* | Pro-Dex, Inc. | 6861 | 450630 |
| \* | Pulmonx Corp. | 10065 | 48614 |
| \* | Puma Biotechnology, <br> Inc.<br>| 5406 | 17191 |
| \* | Quanterix Corp. | 8046 | 46345 |
|  | Quest Diagnostics, <br> Inc.<br>| 151722 | 27039895 |
| \* | QuidelOrtho Corp. | 2122 | 58970 |
| \* | RadNet, Inc. | 106204 | 5562966 |
| #\* | Recursion <br> Pharmaceuticals, <br> Inc., Class A<br>| 32217 | 180093 |
|  | Regeneron <br> Pharmaceuticals, <br> Inc.<br>| 32989 | 19752494 |
| \* | REGENXBIO, Inc. | 15766 | 151511 |
| \* | Relay Therapeutics, <br> Inc.<br>| 49096 | 163490 |
| \* | Repligen Corp. | 44926 | 6199339 |
| \* | Replimune Group, Inc. | 18488 | 180813 |
| # | ResMed, Inc. | 98337 | 23265551 |
| \* | Revolution Medicines, <br> Inc.<br>| 2909 | 117465 |
| # | Revvity, Inc. | 125749 | 11748729 |
| #\* | Roivant Sciences Ltd. | 218343 | 2537146 |
|  | Royalty Pharma PLC, <br> Class A<br>| 206043 | 6762331 |
| \* | RxSight, Inc. | 9125 | 134320 |
| \* | Sarepta Therapeutics, <br> Inc.<br>| 45399 | 2832898 |
|  | Select Medical <br> Holdings Corp.<br>| 345164 | 6295791 |
| #\* | Semler Scientific, Inc. | 5404 | 174711 |
| \* | Sensus Healthcare, <br> Inc.<br>| 22487 | 96694 |
| \* | Sera Prognostics, Inc., <br> Class A<br>| 3612 | 10619 |
|  | SIGA Technologies, <br> Inc.<br>| 111483 | 615386 |
| \* | Sight Sciences, Inc. | 6130 | 18696 |
|  | Simulations Plus, Inc. | 7254 | 249175 |
| \* | Solid Biosciences, Inc. | 5023 | 16626 |
| \* | Solventum Corp. | 33036 | 2184340 |
| #\* | Sotera Health Co. | 121212 | 1393938 |
| \* | STAAR Surgical Co. | 10620 | 193921 |
|  | STERIS PLC | 78539 | 17650855 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Stoke Therapeutics, <br> Inc.<br>| 25721 | $251037 |
|  | Stryker Corp. | 83305 | 31149406 |
| #\* | Summit Therapeutics, <br> Inc.<br>| 16566 | 399572 |
| \* | Supernus <br> Pharmaceuticals, <br> Inc.<br>| 131816 | 4281384 |
| #\* | Surgery Partners, Inc. | 134487 | 2951990 |
| \* | Surmodics, Inc. | 33441 | 936682 |
| \* | Tactile Systems <br> Technology, Inc.<br>| 22009 | 310767 |
| \* | Talkspace, Inc. | 29568 | 90774 |
|  | Teleflex, Inc. | 41739 | 5720330 |
| \* | Tenet Healthcare <br> Corp.<br>| 208668 | 29829091 |
| \* | Terns Pharmaceuticals, <br> Inc.<br>| 90661 | 299181 |
| \* | Theravance <br> Biopharma, Inc.<br>| 14405 | 140737 |
|  | Thermo Fisher <br> Scientific, Inc.<br>| 101760 | 43655040 |
| \* | Third Harmonic Bio, <br> Inc.<br>| 968 | 5005 |
| \* | TransMedics Group, <br> Inc.<br>| 1447 | 133138 |
| \* | Trevi Therapeutics, <br> Inc.<br>| 17372 | 120041 |
| \* | Twist Bioscience Corp. | 805 | 30848 |
|  | U.S. Physical Therapy, <br> Inc.<br>| 26938 | 1915561 |
| #\* | UFP Technologies, <br> Inc.<br>| 11622 | 2423652 |
| \* | United Therapeutics <br> Corp.<br>| 75551 | 22898753 |
|  | UnitedHealth Group, <br> Inc.<br>| 381420 | 156931445 |
|  | Universal Health <br> Services, Inc., <br> Class B<br>| 104694 | 18538167 |
|  | Utah Medical Products, <br> Inc.<br>| 6179 | 319763 |
| \* | Vanda <br> Pharmaceuticals, <br> Inc.<br>| 107085 | 482953 |
| \* | Varex Imaging Corp. | 11066 | 92069 |
| \* | Vaxcyte, Inc. | 877 | 31432 |
| \* | Veeva Systems, Inc., <br> Class A<br>| 47287 | 11050499 |
| #\* | Veracyte, Inc. | 199881 | 6096370 |
| #\* | Vericel Corp. | 21093 | 801956 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Vertex <br> Pharmaceuticals, <br> Inc.<br>| 74228 | $37819166 |
|  | Viatris, Inc. | 668691 | 5630378 |
| \* | Vir Biotechnology, Inc. | 19911 | 121855 |
| \* | Voyager Therapeutics, <br> Inc.<br>| 17707 | 63037 |
| \* | Waters Corp. | 53681 | 18666494 |
|  | West Pharmaceutical <br> Services, Inc.<br>| 33964 | 7176254 |
| \* | XBiotech, Inc. | 9859 | 29971 |
| \* | Xencor, Inc. | 82668 | 911001 |
| \* | Xenon <br> Pharmaceuticals, <br> Inc.<br>| 9652 | 368706 |
| \* | XOMA Royalty Corp. | 1135 | 27285 |
| \* | Y-mAbs Therapeutics, <br> Inc.<br>| 9179 | 39011 |
|  | Zimmer Biomet <br> Holdings, Inc.<br>| 129461 | 13340956 |
| \* | Zimvie, Inc. | 35979 | 325970 |
|  | Zoetis, Inc. | 188364 | 29460130 |
| #\* | Zymeworks, Inc. | 66538 | 865659 |
| TOTAL HEALTH CARE | TOTAL HEALTH CARE |  | 2919135500 |
| INDUSTRIALS — (13.0%) | INDUSTRIALS — (13.0%) | INDUSTRIALS — (13.0%) | INDUSTRIALS — (13.0%) |
| \* | 3D Systems Corp. | 59250 | 109020 |
|  | 3M Co. | 142434 | 19785507 |
|  | A.O. Smith Corp. | 215953 | 14654571 |
|  | AAON, Inc. | 97779 | 8924289 |
| \* | AAR Corp. | 95170 | 5087788 |
|  | ABM Industries, Inc. | 166691 | 8124519 |
|  | ACCO Brands Corp. | 131386 | 507150 |
|  | Acme United Corp. | 7309 | 281543 |
|  | Acuity, Inc. | 51439 | 12531055 |
| \* | ACV Auctions, Inc., <br> Class A<br>| 99206 | 1457336 |
| # | Advanced Drainage <br> Systems, Inc.<br>| 119635 | 13577376 |
|  | AECOM | 182809 | 18034108 |
| #\* | AeroVironment, Inc. | 27970 | 4238014 |
| \* | AerSale Corp. | 5923 | 41283 |
|  | AGCO Corp. | 199026 | 16883376 |
| \* | Air Industries Group | 856 | 3030 |
|  | Air Lease Corp. | 228077 | 10664881 |
|  | Alamo Group, Inc. | 27851 | 4650560 |
| \* | Alaska Air Group, Inc. | 220364 | 9755514 |
|  | Albany International <br> Corp., Class A<br>| 73251 | 4816986 |
| # | Alight, Inc., Class A | 120369 | 615086 |
|  | Allegiant Travel Co. | 32252 | 1513586 |
|  | Allegion PLC | 148889 | 20725349 |
|  | Allient, Inc. | 38332 | 818388 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Allison Transmission <br> Holdings, Inc.<br>| 231323 | $21337234 |
| \* | Alpha Pro Tech Ltd. | 28782 | 126065 |
| #\* | Amentum Holdings, <br> Inc.<br>| 110266 | 2406004 |
| #\* | Ameresco, Inc., <br> Class A<br>| 44477 | 472791 |
| \* | American Airlines <br> Group, Inc.<br>| 282480 | 2810676 |
| #\* | American <br> Superconductor <br> Corp.<br>| 25726 | 510661 |
| \* | American Woodmark <br> Corp.<br>| 41140 | 2427260 |
|  | AMETEK, Inc. | 188163 | 31908682 |
| \* | API Group Corp. | 127499 | 4823287 |
|  | Apogee Enterprises, <br> Inc.<br>| 60969 | 2418640 |
|  | Applied Industrial <br> Technologies, Inc.<br>| 56047 | 13635114 |
|  | ArcBest Corp. | 43433 | 2541699 |
|  | Arcosa, Inc. | 110124 | 8817629 |
|  | Argan, Inc. | 35538 | 5441934 |
|  | Armstrong World <br> Industries, Inc.<br>| 85918 | 12459828 |
|  | Astec Industries, Inc. | 28910 | 1047409 |
| #\* | Astronics Corp. (ATRO <br> US)<br>| 62803 | 1425000 |
| \* | Astronics Corp. <br> (ATROB US), <br> Class B<br>| 32187 | 732254 |
| # | Atkore, Inc. | 95209 | 6080999 |
|  | Atmus Filtration <br> Technologies, Inc.<br>| 16832 | 583565 |
|  | Automatic Data <br> Processing, Inc.<br>| 271074 | 81484844 |
| #\* | Avis Budget Group, <br> Inc.<br>| 49336 | 4569994 |
| \* | Axon Enterprise, Inc. | 20530 | 12591049 |
| \* | AZEK Co., Inc. | 153337 | 7599382 |
| # | AZZ, Inc. | 48642 | 4220180 |
|  | Barrett Business <br> Services, Inc.<br>| 52555 | 2131631 |
| \* | Blade Air Mobility, Inc. | 41381 | 109660 |
| \* | Bloom Energy Corp., <br> Class A<br>| 14134 | 258935 |
| #\* | Blue Bird Corp. | 40447 | 1410387 |
| \* | BlueLinx Holdings, <br> Inc.<br>| 11033 | 718690 |
| \* | Boeing Co. | 124648 | 22840500 |
|  | Boise Cascade Co. | 108436 | 10114910 |
|  | Booz Allen Hamilton <br> Holding Corp.<br>| 125752 | 15092755 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| \* | Bowman Consulting <br> Group Ltd.<br>| 3273 | $72399 |
|  | Brady Corp., Class A | 97439 | 6848987 |
| \* | BrightView Holdings, <br> Inc.<br>| 109618 | 1503959 |
|  | Brink's Co. | 104266 | 9304698 |
|  | Broadridge Financial <br> Solutions, Inc.<br>| 104328 | 25289107 |
| \* | Builders FirstSource, <br> Inc.<br>| 193644 | 23165632 |
|  | BWX Technologies, <br> Inc.<br>| 131552 | 14354954 |
| \* | Byrna Technologies, <br> Inc.<br>| 10362 | 232005 |
| #\* | CACI International, <br> Inc., Class A<br>| 39260 | 17975976 |
| \* | Cadeler AS (CDLR <br> US), ADR<br>| 26622 | 555601 |
| # | Cadre Holdings, Inc. | 33568 | 978507 |
| # | Carlisle Cos., Inc. | 53573 | 20329882 |
|  | Carrier Global Corp. | 463560 | 28991042 |
| \* | Casella Waste <br> Systems, Inc., <br> Class A<br>| 36188 | 4250281 |
|  | Caterpillar, Inc. | 321812 | 99526797 |
| #\* | CBIZ, Inc. | 108055 | 7358545 |
| #\* | CECO Environmental <br> Corp.<br>| 81642 | 1942263 |
|  | CH Robinson <br> Worldwide, Inc.<br>| 110103 | 9823390 |
| #\* | Chart Industries, Inc. | 4195 | 566241 |
|  | Chicago Rivet & <br> Machine Co.<br>| 653 | 8652 |
| \* | Cimpress PLC | 21619 | 908430 |
|  | Cintas Corp. | 121817 | 25786223 |
|  | Civeo Corp. | 16271 | 308986 |
| #\* | Clarivate PLC | 434615 | 1873191 |
| \* | Clean Harbors, Inc. | 123149 | 26346497 |
| # | CNH Industrial NV | 926349 | 10717858 |
|  | Columbus McKinnon <br> Corp.<br>| 38435 | 570760 |
|  | Comfort Systems USA, <br> Inc.<br>| 35060 | 13938103 |
| \* | Commercial Vehicle <br> Group, Inc.<br>| 22829 | 21923 |
|  | CompX International, <br> Inc.<br>| 9138 | 248554 |
| # | Concentrix Corp. | 25071 | 1280125 |
|  | Concrete Pumping <br> Holdings, Inc.<br>| 52436 | 314616 |
| \* | Conduent, Inc. | 430921 | 909243 |
| #\* | Construction Partners, <br> Inc., Class A<br>| 75309 | 6185881 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Copa Holdings SA, <br> Class A<br>| 37535 | $3444212 |
| \* | Copart, Inc. | 299632 | 18286541 |
| \* | Core & Main, Inc., <br> Class A<br>| 163371 | 8606384 |
| †† | Costa <br> Communications, <br> Inc.<br>| 5301 | 795 |
|  | Costamare, Inc. | 324279 | 3025523 |
|  | Covenant Logistics <br> Group, Inc.<br>| 57452 | 1143295 |
| \*» | CPI Aerostructures, <br> Inc.<br>| 27297 | 87896 |
|  | CRA International, Inc. | 18595 | 3016109 |
|  | Crane Co. | 83415 | 13428147 |
|  | CSG Systems <br> International, Inc.<br>| 78321 | 4709442 |
|  | CSW Industrials, Inc. | 21221 | 6631138 |
|  | CSX Corp. | 1752747 | 49199608 |
|  | Cummins, Inc. | 121273 | 35634858 |
|  | Curtiss-Wright Corp. | 63537 | 21913276 |
| #\* | Dayforce, Inc. | 50837 | 2941937 |
|  | Deere & Co. | 212691 | 98595040 |
|  | Delta Air Lines, Inc. | 873423 | 36360599 |
|  | Deluxe Corp. | 64276 | 938430 |
| \* | Distribution Solutions <br> Group, Inc.<br>| 51365 | 1337545 |
| \* | DLH Holdings Corp. | 21039 | 82894 |
| \* | DNOW, Inc. | 207280 | 3289534 |
|  | Donaldson Co., Inc. | 249492 | 16399109 |
|  | Douglas Dynamics, <br> Inc.<br>| 71503 | 1714642 |
|  | Dover Corp. | 121635 | 20757013 |
| \* | Driven Brands <br> Holdings, Inc.<br>| 30795 | 508733 |
| \* | Ducommun, Inc. | 38298 | 2195241 |
|  | Dun & Bradstreet <br> Holdings, Inc.<br>| 233093 | 2090844 |
| \* | DXP Enterprises, Inc. | 48547 | 4294468 |
| \* | Dycom Industries, Inc. | 68098 | 11409820 |
|  | Eastern Co. | 13284 | 278831 |
|  | Eaton Corp. PLC | 114490 | 33702421 |
|  | EMCOR Group, Inc. | 51043 | 20452930 |
|  | Emerson Electric Co. | 177372 | 18643571 |
| \* | Energy Recovery, Inc. | 32089 | 495775 |
|  | Enerpac Tool Group <br> Corp.<br>| 144400 | 5829428 |
|  | EnerSys | 95077 | 8233668 |
|  | Ennis, Inc. | 69032 | 1239124 |
| # | Enpro, Inc. | 53221 | 7951217 |
| \* | Enviri Corp. | 158964 | 1092083 |
|  | Equifax, Inc. | 64068 | 16666009 |
|  | Esab Corp. | 98529 | 11835303 |
|  | ESCO Technologies, <br> Inc.<br>| 60077 | 9399047 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Espey Mfg. & <br> Electronics Corp.<br>| 4614 | $141927 |
| \* | Everus Construction <br> Group, Inc.<br>| 81928 | 3296783 |
|  | EVI Industries, Inc. | 1292 | 20840 |
| \* | ExlService Holdings, <br> Inc.<br>| 188554 | 9141098 |
|  | Expeditors <br> International of <br> Washington, Inc.<br>| 183097 | 20124191 |
|  | Exponent, Inc. | 49580 | 3900954 |
| # | Fastenal Co. | 540788 | 43787604 |
| # | Federal Signal Corp. | 99468 | 8099679 |
|  | FedEx Corp. | 184851 | 38879711 |
|  | Ferguson Enterprises, <br> Inc.<br>| 169702 | 28791641 |
| #\* | First Advantage Corp. | 54983 | 775260 |
|  | Flowserve Corp. | 206545 | 9342030 |
| #\* | Fluence Energy, Inc. | 68333 | 279482 |
| \* | Fluor Corp. | 162840 | 5681488 |
| \* | Forrester Research, <br> Inc.<br>| 5894 | 55109 |
|  | Fortive Corp. | 245956 | 17140674 |
|  | Fortune Brands <br> Innovations, Inc.<br>| 227831 | 12261864 |
| \* | Franklin Covey Co. | 36225 | 735730 |
|  | Franklin Electric Co., <br> Inc.<br>| 101037 | 8584104 |
| \* | FreightCar America, <br> Inc.<br>| 8587 | 49633 |
| \* | Frontier Group <br> Holdings, Inc.<br>| 29680 | 88446 |
| # | FTAI Aviation Ltd. | 19115 | 2047408 |
| # | FTAI Infrastructure, <br> Inc.<br>| 80263 | 346736 |
| \* | FTI Consulting, Inc. | 65128 | 10829484 |
| #\* | Gates Industrial Corp. <br> PLC<br>| 163118 | 3086193 |
|  | GATX Corp. | 94507 | 13794242 |
|  | GE Vernova, Inc. | 108306 | 40162031 |
| # | Genco Shipping & <br> Trading Ltd.<br>| 93173 | 1207522 |
| \* | Gencor Industries, Inc. | 22326 | 283317 |
| \* | Generac Holdings, <br> Inc.<br>| 61227 | 7003144 |
|  | General Dynamics <br> Corp.<br>| 129173 | 35150557 |
|  | General Electric Co. | 433225 | 87312166 |
|  | Genpact Ltd. | 383167 | 19257973 |
| \* | Gibraltar Industries, <br> Inc.<br>| 76132 | 4031189 |
|  | Global Industrial Co. | 61191 | 1571385 |
| \* | GMS, Inc. | 102650 | 7520139 |
|  | Gorman-Rupp Co. | 61610 | 2209335 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Graco, Inc. | 140309 | $11450617 |
| \* | Graham Corp. | 31572 | 962315 |
| # | Granite Construction, <br> Inc.<br>| 96646 | 7856353 |
| \* | Great Lakes Dredge & <br> Dock Corp.<br>| 178365 | 1621338 |
|  | Greenbrier Cos., Inc. | 82643 | 3505716 |
|  | Griffon Corp. | 100583 | 6850708 |
| #\* | GXO Logistics, Inc. | 231024 | 8372310 |
|  | H&E Equipment <br> Services, Inc.<br>| 93141 | 8364993 |
| \* | Hayward Holdings, <br> Inc.<br>| 238498 | 3179178 |
| \* | Healthcare Services <br> Group, Inc.<br>| 32452 | 461143 |
|  | Heartland Express, <br> Inc.<br>| 61045 | 463942 |
| # | HEICO Corp. (HEI <br> US)<br>| 27411 | 6873582 |
|  | HEICO Corp. (HEIA <br> US), Class A<br>| 45220 | 9086055 |
|  | Heidrick & Struggles <br> International, Inc.<br>| 53936 | 2104583 |
|  | Helios Technologies, <br> Inc.<br>| 43719 | 1191780 |
| # | Herc Holdings, Inc. | 75405 | 8252323 |
|  | Hexcel Corp. | 153672 | 7448482 |
|  | Hillenbrand, Inc. | 93171 | 1884849 |
| \* | Hillman Solutions <br> Corp.<br>| 151209 | 1056951 |
|  | HireQuest, Inc. | 871 | 8954 |
|  | HNI Corp. | 93917 | 3972689 |
|  | Honeywell <br> International, Inc.<br>| 379317 | 79846228 |
|  | Howmet Aerospace, <br> Inc.<br>| 314646 | 43603643 |
|  | Hub Group, Inc., <br> Class A<br>| 152823 | 4827679 |
|  | Hubbell, Inc. | 61444 | 22315232 |
| \* | Hudson Global, Inc. | 16688 | 168048 |
| \* | Hudson Technologies, <br> Inc.<br>| 22575 | 151027 |
|  | Huntington Ingalls <br> Industries, Inc.<br>| 70809 | 16310145 |
|  | Hurco Cos., Inc. | 8054 | 134341 |
| \* | Huron Consulting <br> Group, Inc.<br>| 68030 | 9169764 |
|  | Hyster-Yale, Inc. | 22035 | 846805 |
| \* | IBEX Holdings Ltd. | 5559 | 139197 |
|  | ICF International, Inc. | 41495 | 3525415 |
| \* | Ideal Power, Inc. | 3327 | 16469 |
|  | IDEX Corp. | 65639 | 11419217 |
| #\* | IES Holdings, Inc. | 41300 | 8122884 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| # | Illinois Tool Works, <br> Inc.<br>| 211517 | $50745043 |
|  | Ingersoll Rand, Inc. | 280410 | 21151326 |
| #\* | Innodata, Inc. | 7948 | 300593 |
| \* | Innovative Solutions & <br> Support, Inc.<br>| 29317 | 197597 |
| # | Insperity, Inc. | 73548 | 4781355 |
|  | Insteel Industries, Inc. | 43263 | 1467048 |
|  | Interface, Inc. | 145073 | 2727372 |
|  | ITT, Inc. | 148206 | 20307186 |
|  | Jacobs Solutions, Inc. | 110266 | 13650931 |
| #\* | Janus International <br> Group, Inc.<br>| 169436 | 1165720 |
|  | JB Hunt Transport <br> Services, Inc.<br>| 121685 | 15889627 |
|  | JBT Marel Corp. | 2059 | 216730 |
| \* | JELD-WEN Holding, <br> Inc.<br>| 65210 | 359959 |
| #\* | JetBlue Airways Corp. | 920730 | 4014383 |
|  | Johnson Controls <br> International PLC<br>| 318085 | 26687331 |
| # | Kadant, Inc. | 23799 | 7020705 |
|  | Karat Packaging, Inc. | 2335 | 61597 |
|  | KBR, Inc. | 314884 | 16629024 |
|  | Kelly Services, Inc., <br> Class A<br>| 43352 | 500716 |
|  | Kennametal, Inc. | 95477 | 1859892 |
|  | Kforce, Inc. | 57442 | 2194284 |
| \* | Kirby Corp. | 138419 | 13339439 |
|  | Knight-Swift <br> Transportation <br> Holdings, Inc.<br>| 286465 | 11220834 |
|  | Korn Ferry | 138072 | 8519042 |
| #\* | Kratos Defense & <br> Security Solutions, <br> Inc.<br>| 334045 | 11285710 |
| \* | L.B. Foster Co., <br> Class A<br>| 28244 | 564033 |
|  | L3Harris Technologies, <br> Inc.<br>| 83580 | 18389272 |
|  | Landstar System, Inc. | 85783 | 11507789 |
|  | Leidos Holdings, Inc. | 118493 | 17439800 |
| # | Lennox International, <br> Inc.<br>| 33252 | 18180531 |
|  | Leonardo DRS, Inc. | 2934 | 108441 |
| #\* | Limbach Holdings, Inc. | 16513 | 1580955 |
|  | Lincoln Electric <br> Holdings, Inc.<br>| 83224 | 14664069 |
|  | Lindsay Corp. | 26949 | 3478038 |
| \* | Liquidity Services, Inc. | 87133 | 2769087 |
|  | Lockheed Martin Corp. | 161715 | 77259341 |
|  | LSI Industries, Inc. | 79007 | 1192216 |
|  | Luxfer Holdings PLC | 39886 | 429173 |
| \* | Lyft, Inc., Class A | 80240 | 994976 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| \* | Manitowoc Co., Inc. | 81537 | $642512 |
|  | ManpowerGroup, Inc. | 90669 | 3905114 |
|  | Marten Transport Ltd. | 200919 | 2579800 |
|  | Masco Corp. | 172950 | 10482499 |
| \* | MasTec, Inc. | 128769 | 16394869 |
| \* | Mastech Digital, Inc. | 18872 | 138898 |
| \* | Masterbrand, Inc. | 239741 | 2912853 |
| \* | Matrix Service Co. | 70661 | 819668 |
|  | Matson, Inc. | 89142 | 9724501 |
|  | Matthews International <br> Corp., Class A<br>| 3206 | 65563 |
|  | Maximus, Inc. | 129179 | 8649826 |
| \* | Mayville Engineering <br> Co., Inc.<br>| 13706 | 175163 |
|  | McGrath RentCorp | 17508 | 1867578 |
| \* | Mercury Systems, Inc. | 116577 | 5828850 |
| \* | Middleby Corp. | 95918 | 12790665 |
| # | Miller Industries, Inc. | 18058 | 736947 |
| # | MillerKnoll, Inc. | 80516 | 1320462 |
| \* | Mistras Group, Inc. | 19214 | 175232 |
| \* | Montrose <br> Environmental <br> Group, Inc.<br>| 24939 | 364858 |
|  | Moog, Inc., Class A | 63636 | 10643121 |
| \* | MRC Global, Inc. | 108370 | 1262510 |
|  | MSA Safety, Inc. | 57710 | 9084708 |
| # | MSC Industrial Direct <br> Co., Inc., Class A<br>| 89467 | 6842436 |
|  | Mueller Industries, Inc. | 197723 | 14544504 |
|  | Mueller Water <br> Products, Inc., <br> Class A<br>| 344657 | 9043800 |
| \* | MYR Group, Inc. | 36519 | 4467004 |
|  | National Presto <br> Industries, Inc.<br>| 15579 | 1314089 |
| \* | NEXTracker, Inc., <br> Class A<br>| 83338 | 3384356 |
|  | NL Industries, Inc. | 254088 | 2180075 |
| \* | NN, Inc. | 2987 | 6004 |
|  | Nordson Corp. | 54310 | 10295547 |
|  | Norfolk Southern <br> Corp.<br>| 125124 | 28034032 |
|  | Northrop Grumman <br> Corp.<br>| 64731 | 31491631 |
| \* | Northwest Pipe Co. | 26331 | 1115381 |
| \* | NV5 Global, Inc. | 126325 | 2343329 |
|  | nVent Electric PLC | 200418 | 11004952 |
|  | Old Dominion Freight <br> Line, Inc.<br>| 151075 | 23156776 |
| # | Omega Flex, Inc. | 12998 | 389420 |
| \* | OPENLANE, Inc. | 288349 | 5337340 |
| \* | Optex Systems <br> Holdings, Inc.<br>| 1476 | 9417 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| \* | Orion Group Holdings, <br> Inc.<br>| 107786 | $688753 |
|  | Oshkosh Corp. | 140668 | 11782352 |
|  | Otis Worldwide Corp. | 256975 | 24738983 |
|  | Owens Corning | 171211 | 24895791 |
|  | PACCAR, Inc. | 459736 | 41472785 |
| #\* | Palladyne AI Corp. | 5149 | 31306 |
| \* | PAMT Corp. | 56632 | 791149 |
|  | Pangaea Logistics <br> Solutions Ltd.<br>| 86986 | 350554 |
|  | Park Aerospace Corp. | 32282 | 421926 |
|  | Parker-Hannifin Corp. | 54147 | 32762184 |
|  | Park-Ohio Holdings <br> Corp.<br>| 43856 | 873173 |
| \* | Parsons Corp. | 82135 | 5491546 |
|  | Paychex, Inc. | 242965 | 35745011 |
| # | Paycom Software, Inc. | 50722 | 11482954 |
| \* | Paylocity Holding <br> Corp.<br>| 36299 | 6973038 |
|  | Pentair PLC | 224191 | 20340849 |
| #\* | Perma-Fix <br> Environmental <br> Services, Inc.<br>| 20738 | 170052 |
| \* | Perma-Pipe <br> International <br> Holdings, Inc.<br>| 16930 | 203160 |
|  | Pioneer Power <br> Solutions, Inc.<br>| 1291 | 3447 |
|  | Pitney Bowes, Inc. | 7093 | 61567 |
| \* | Planet Labs PBC | 46841 | 154107 |
| # | Powell Industries, Inc. | 28613 | 5239326 |
| # | Preformed Line <br> Products Co.<br>| 13546 | 1860814 |
|  | Primoris Services <br> Corp.<br>| 144290 | 8653071 |
| \* | Proto Labs, Inc. | 56890 | 2000252 |
| \* | Pursuit Attractions & <br> Hospitality, Inc.<br>| 44930 | 1316000 |
|  | Quad/Graphics, Inc. | 92400 | 440748 |
| # | Quanex Building <br> Products Corp.<br>| 53597 | 881135 |
|  | Quanta Services, Inc. | 96447 | 28229072 |
| \* | Quest Resource <br> Holding Corp.<br>| 19515 | 46055 |
| \* | Radiant Logistics, Inc. | 123080 | 720018 |
| \* | RBC Bearings, Inc. | 32714 | 10748839 |
| \* | RCM Technologies, <br> Inc.<br>| 616 | 10743 |
|  | Regal Rexnord Corp. | 117764 | 12464142 |
|  | Republic Services, <br> Inc.<br>| 105204 | 26379903 |
| \* | Resideo Technologies, <br> Inc.<br>| 243866 | 4092071 |
|  | REV Group, Inc. | 115033 | 3761579 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| # | Robert Half, Inc. | 171535 | $7599000 |
| #\* | Rocket Lab USA, Inc. | 296971 | 6470998 |
|  | Rockwell Automation, <br> Inc.<br>| 102421 | 25367633 |
|  | Rollins, Inc. | 321041 | 18341072 |
|  | RTX Corp. | 701753 | 88512106 |
| # | Rush Enterprises, Inc. <br> (RUSHA US), <br> Class A<br>| 178054 | 9078973 |
|  | Rush Enterprises, Inc. <br> (RUSHB US), <br> Class B<br>| 24240 | 1402042 |
| #\* | RXO, Inc. | 274296 | 3864831 |
|  | Ryder System, Inc. | 114903 | 15818696 |
| \* | Saia, Inc. | 27749 | 6770756 |
| # | Schneider National, <br> Inc., Class B<br>| 68148 | 1464501 |
|  | Science Applications <br> International Corp.<br>| 109550 | 13258836 |
|  | Sensata Technologies <br> Holding PLC<br>| 52548 | 1124527 |
| \* | Servotronics, Inc. | 1473 | 15702 |
|  | Shyft Group, Inc. | 44641 | 377663 |
| \* | SIFCO Industries, Inc. | 7118 | 18863 |
|  | Simpson <br> Manufacturing Co., <br> Inc.<br>| 85329 | 13114214 |
| #\* | SiteOne Landscape <br> Supply, Inc.<br>| 65228 | 7488827 |
| \* | SkyWest, Inc. | 106462 | 9493217 |
|  | Snap-on, Inc. | 55011 | 17263002 |
| # | Southwest Airlines Co. | 743209 | 20780124 |
| \* | SPX Technologies, <br> Inc.<br>| 94246 | 12643101 |
|  | SS&C Technologies <br> Holdings, Inc.<br>| 201575 | 15239070 |
|  | Standex International <br> Corp.<br>| 26335 | 3724296 |
|  | Stanley Black & <br> Decker, Inc.<br>| 117710 | 7064954 |
|  | Steelcase, Inc., <br> Class A<br>| 170948 | 1695804 |
| \* | Sterling Infrastructure, <br> Inc.<br>| 75730 | 11316334 |
| \* | Stratasys Ltd. | 35215 | 332430 |
| \* | Sun Country Airlines <br> Holdings, Inc.<br>| 15500 | 151900 |
| #\* | Sunrun, Inc. | 265032 | 1826070 |
| #\* | TaskUS, Inc., Class A | 42105 | 587786 |
| \* | Taylor Devices, Inc. | 4486 | 143103 |
| \* | Team, Inc. | 204 | 4186 |
| # | Tecnoglass, Inc. | 77010 | 5488503 |
|  | Tennant Co. | 41821 | 3017803 |
| # | Terex Corp. | 174548 | 6144090 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Tetra Tech, Inc. | 344745 | $10752597 |
|  | Textron, Inc. | 181789 | 12792492 |
| \* | Thermon Group <br> Holdings, Inc.<br>| 86706 | 2274298 |
|  | Timken Co. | 174819 | 11232121 |
| #\* | Titan International, Inc. | 191559 | 1407959 |
| #\* | Titan Machinery, Inc. | 45289 | 751345 |
|  | Toro Co. | 154432 | 10544617 |
|  | Trane Technologies <br> PLC<br>| 38842 | 14888527 |
| #\* | Transcat, Inc. | 17121 | 1358209 |
|  | TransDigm Group, Inc. | 9129 | 12899916 |
|  | TransUnion | 154741 | 12837313 |
| #\* | Trex Co., Inc. | 131472 | 7601711 |
|  | TriNet Group, Inc. | 81862 | 6412250 |
|  | Trinity Industries, Inc. | 218870 | 5493637 |
| \* | Triumph Group, Inc. | 24255 | 616077 |
| \* | TrueBlue, Inc. | 50791 | 220433 |
| \* | Tutor Perini Corp. | 103591 | 2223063 |
|  | Twin Disc, Inc. | 21208 | 155667 |
| \* | Uber Technologies, <br> Inc.<br>| 75422 | 6109936 |
|  | UFP Industries, Inc. | 129329 | 12784172 |
| #\* | U-Haul Holding Co. <br> (UHAL US)<br>| 30846 | 1893636 |
|  | U-Haul Holding Co. <br> (UHAL/B US)<br>| 293927 | 16107200 |
| \* | Ultralife Corp. | 41439 | 185647 |
|  | UniFirst Corp. | 29806 | 5319477 |
|  | Union Pacific Corp. | 437167 | 94279435 |
| \* | United Airlines <br> Holdings, Inc.<br>| 448724 | 30881186 |
|  | United Parcel Service, <br> Inc., Class B<br>| 304160 | 28986448 |
|  | United Rentals, Inc. | 72282 | 45642469 |
| # | Universal Logistics <br> Holdings, Inc.<br>| 72087 | 1567171 |
| \* | Upwork, Inc. | 73540 | 967051 |
| \* | V2X, Inc. | 32607 | 1622524 |
|  | Valmont Industries, <br> Inc.<br>| 44612 | 13081131 |
|  | Veralto Corp. | 83898 | 8045818 |
|  | Verisk Analytics, Inc. | 129932 | 38515743 |
| \* | Verra Mobility Corp. | 214417 | 4674291 |
|  | Vertiv Holdings Co., <br> Class A<br>| 259760 | 22178309 |
| \* | Vicor Corp. | 49203 | 1963446 |
|  | Virco Mfg. Corp. | 31667 | 291020 |
| \* | VirTra, Inc. | 14076 | 65876 |
| # | VSE Corp. | 41721 | 4777889 |
|  | Wabash National <br> Corp.<br>| 75853 | 524144 |
|  | Waste Management, <br> Inc.<br>| 266340 | 62153102 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| # | Watsco, Inc. (WSO <br> US)<br>| 51198 | $23542888 |
| » | Watsco, Inc. (WSO/B <br> US), Class B<br>| 4958 | 2217267 |
|  | Watts Water <br> Technologies, Inc., <br> Class A<br>| 55298 | 11488159 |
| # | Werner Enterprises, <br> Inc.<br>| 193671 | 4775927 |
|  | WESCO International, <br> Inc.<br>| 7457 | 1215193 |
|  | Westinghouse Air <br> Brake Technologies <br> Corp.<br>| 136162 | 25154568 |
| \* | Wilhelmina <br> International, Inc.<br>| 2470 | 8521 |
| \* | Willdan Group, Inc. | 24591 | 963967 |
| # | Willis Lease Finance <br> Corp.<br>| 8926 | 1381031 |
| # | WillScot Holdings <br> Corp.<br>| 500797 | 12580021 |
|  | Woodward, Inc. | 108224 | 20299576 |
|  | Worthington <br> Enterprises, Inc.<br>| 108311 | 5483786 |
|  | WW Grainger, Inc. | 40749 | 41739608 |
| #\* | Xometry, Inc., Class A | 12154 | 311629 |
| #\* | XPO, Inc. | 202315 | 21469668 |
|  | Xylem, Inc. | 193441 | 23323181 |
| # | Zurn Elkay Water <br> Solutions Corp.<br>| 185015 | 6283109 |
| TOTAL INDUSTRIALS | TOTAL INDUSTRIALS |  | 4118836150 |
| INFORMATION TECHNOLOGY — (23.1%) | INFORMATION TECHNOLOGY — (23.1%) | INFORMATION TECHNOLOGY — (23.1%) | INFORMATION TECHNOLOGY — (23.1%) |
| \* | 8x8, Inc. | 12516 | 22153 |
|  | A10 Networks, Inc. | 158916 | 2618936 |
|  | Accenture PLC, <br> Class A<br>| 305009 | 91243442 |
| \* | ACI Worldwide, Inc. | 213235 | 11378220 |
|  | Adeia, Inc. | 195302 | 2404168 |
| \* | Adobe, Inc. | 128036 | 48010939 |
|  | Advanced Energy <br> Industries, Inc.<br>| 80032 | 7795917 |
| \* | Advanced Micro <br> Devices, Inc.<br>| 338161 | 32919973 |
| \* | Agilysys, Inc. | 10871 | 808259 |
| \* | Akamai Technologies, <br> Inc.<br>| 159798 | 12876523 |
| \* | Alarm.com Holdings, <br> Inc.<br>| 48719 | 2611338 |
| \* | Alithya Group, Inc., <br> Class A<br>| 12242 | 14690 |
| #\* | Alkami Technology, <br> Inc.<br>| 57531 | 1535502 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | Allegro MicroSystems, <br> Inc.<br>| 22361 | $426424 |
| #\* | Alpha & Omega <br> Semiconductor Ltd.<br>| 76697 | 1444205 |
| \* | Ambarella, Inc. | 65677 | 3151839 |
|  | Amdocs Ltd. | 152769 | 13532278 |
|  | Amkor Technology, <br> Inc.<br>| 654084 | 11413766 |
|  | Amphenol Corp., <br> Class A<br>| 366198 | 28178936 |
| \* | Amtech Systems, Inc. | 14266 | 49218 |
|  | Analog Devices, Inc. | 153770 | 29972848 |
| \* | Appfolio, Inc., Class A | 8330 | 1720312 |
|  | Apple, Inc. | 7392875 | 1570985937 |
|  | Applied Materials, Inc. | 266328 | 40138293 |
| \* | Applied <br> Optoelectronics, Inc.<br>| 809 | 10347 |
| \* | AppLovin Corp., <br> Class A<br>| 254085 | 68427631 |
| \* | Arista Networks, Inc. | 141641 | 11652805 |
| #\* | Arrow Electronics, Inc. | 115438 | 12855176 |
| \* | ASGN, Inc. | 115930 | 5840553 |
| \* | AstroNova, Inc. | 16656 | 138411 |
| \* | Atlassian Corp., <br> Class A<br>| 15287 | 3490175 |
| #\* | Aurora Innovation, Inc. | 644773 | 4668157 |
| \* | Autodesk, Inc. | 61192 | 16781906 |
| \* | AvePoint, Inc. | 87821 | 1435873 |
| \* | Aviat Networks, Inc. | 24776 | 435067 |
|  | Avnet, Inc. | 223785 | 10515657 |
| \* | Axcelis Technologies, <br> Inc.<br>| 42412 | 2077340 |
| # | Badger Meter, Inc. | 37986 | 8388069 |
|  | Bel Fuse, Inc. (BELFA <br> US), Class A<br>| 2432 | 149325 |
| # | Bel Fuse, Inc. (BELFB <br> US), Class B<br>| 25945 | 1706403 |
|  | Belden, Inc. | 90271 | 9307843 |
|  | Benchmark <br> Electronics, Inc.<br>| 95849 | 3117968 |
|  | Bentley Systems, Inc., <br> Class B<br>| 74633 | 3208473 |
| \* | Bill Holdings, Inc. | 6618 | 301582 |
| \* | BK Technologies <br> Corp.<br>| 4890 | 218192 |
| \* | Blackbaud, Inc. | 70949 | 4295252 |
| #\* | BlackLine, Inc. | 16756 | 791386 |
| \* | Box, Inc., Class A | 203631 | 6357360 |
|  | Broadcom, Inc. | 1269570 | 244354138 |
| \* | Cadence Design <br> Systems, Inc.<br>| 31233 | 9299313 |
| \* | Calix, Inc. | 145566 | 5955105 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| #\* | CCC Intelligent <br> Solutions Holdings, <br> Inc.<br>| 311477 | $2884277 |
|  | CDW Corp. | 130020 | 20876011 |
| \* | CEVA, Inc. | 62879 | 1648059 |
| \* | Ciena Corp. | 217264 | 14591450 |
| \* | Cipher Mining, Inc. | 33041 | 94167 |
| \* | Cirrus Logic, Inc. | 119439 | 11470922 |
|  | Cisco Systems, Inc. | 2247906 | 129771613 |
| # | Clear Secure, Inc., <br> Class A<br>| 62818 | 1550348 |
| #\* | Clearfield, Inc. | 32119 | 920852 |
| \* | Clearwater Analytics <br> Holdings, Inc., <br> Class A<br>| 5551 | 126238 |
|  | Climb Global Solutions, <br> Inc.<br>| 9354 | 985912 |
| \* | Cloudflare, Inc., <br> Class A<br>| 6205 | 749440 |
| \* | Coda Octopus Group, <br> Inc.<br>| 22446 | 150388 |
|  | Cognex Corp. | 95948 | 2619380 |
|  | Cognizant Technology <br> Solutions Corp., <br> Class A<br>| 542303 | 39897232 |
| \* | Coherent Corp. | 121659 | 7825107 |
| \* | Cohu, Inc. | 118740 | 1899840 |
| \* | Commvault Systems, <br> Inc.<br>| 13923 | 2326951 |
| \* | Consensus Cloud <br> Solutions, Inc.<br>| 23520 | 467107 |
| \* | CoreCard Corp. | 729 | 14157 |
|  | Corning, Inc. | 742499 | 32952106 |
| \* | CPI Card Group, Inc. | 215 | 5620 |
| # | Crane NXT Co. | 98700 | 4631004 |
| \* | Credo Technology <br> Group Holding Ltd.<br>| 110212 | 4744627 |
| \* | Crexendo, Inc. | 15880 | 78288 |
| \* | Crowdstrike Holdings, <br> Inc., Class A<br>| 7753 | 3325029 |
| \* | CS Disco, Inc. | 18784 | 70064 |
|  | CSP, Inc. | 17490 | 291034 |
|  | CTS Corp. | 67175 | 2558024 |
| \* | CVD Equipment Corp. | 2764 | 8016 |
| \* | Daily Journal Corp. | 1473 | 558238 |
| #\* | Daktronics, Inc. | 123838 | 1571504 |
| \* | Data Storage Corp. | 1207 | 4249 |
| \* | Datadog, Inc., Class A | 24069 | 2458889 |
|  | Dell Technologies, Inc., <br> Class C<br>| 159887 | 14671231 |
| \* | Diebold Nixdorf, Inc. | 24826 | 1100537 |
| \* | Digi International, Inc. | 83684 | 2276205 |
| #\* | DigitalOcean Holdings, <br> Inc.<br>| 67076 | 2072648 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | Diodes, Inc. | 122995 | $4723008 |
| \* | Docusign, Inc. | 18626 | 1522675 |
|  | Dolby Laboratories, <br> Inc., Class A<br>| 110837 | 8511173 |
| \* | DoubleVerify Holdings, <br> Inc.<br>| 33631 | 445947 |
| \* | Dropbox, Inc., Class A | 179759 | 5132119 |
| \* | DXC Technology Co. | 216370 | 3358062 |
| \* | Dynatrace, Inc. | 97752 | 4591411 |
| \* | E2open Parent <br> Holdings, Inc.<br>| 342505 | 674735 |
| \* | Eastman Kodak Co. | 50393 | 316972 |
| \* | eGain Corp. | 2952 | 15173 |
| \* | Elastic NV | 11765 | 1014143 |
| \* | Electro-Sensors, Inc. | 212 | 897 |
| \* | Enphase Energy, Inc. | 66551 | 2967509 |
| # | Entegris, Inc. | 75467 | 5970949 |
| \* | EPAM Systems, Inc. | 37963 | 5956774 |
| \* | ePlus, Inc. | 51814 | 3231121 |
| \* | EverCommerce, Inc. | 8655 | 84473 |
| \* | Everspin Technologies, <br> Inc.<br>| 14120 | 74836 |
| #\* | Evolv Technologies <br> Holdings, Inc.<br>| 57048 | 250441 |
| \* | Extreme Networks, <br> Inc.<br>| 81834 | 1076935 |
| \* | F5, Inc. | 79293 | 20992029 |
| \* | Fabrinet | 52285 | 10721562 |
| \* | Fair Isaac Corp. | 11527 | 22935041 |
| #\* | FARO Technologies, <br> Inc.<br>| 28410 | 835538 |
| \* | First Solar, Inc. | 94830 | 11931511 |
| \* | Flex Ltd. | 797456 | 27384639 |
| \* | FormFactor, Inc. | 168368 | 4737876 |
| \* | Fortinet, Inc. | 162993 | 16912154 |
| \* | Franklin Wireless <br> Corp.<br>| 8801 | 43301 |
|  | Frequency Electronics, <br> Inc.<br>| 36985 | 687921 |
| \* | Freshworks, Inc., <br> Class A<br>| 4314 | 63718 |
| \* | Gartner, Inc. | 60021 | 25273643 |
|  | Gen Digital, Inc. | 770619 | 19935914 |
| \* | Genasys, Inc. | 36815 | 78784 |
| \* | GLOBALFOUNDRIES, <br> Inc.<br>| 3293 | 115486 |
| #\* | Globant SA | 43224 | 5081846 |
| \* | GoDaddy, Inc., <br> Class A<br>| 103810 | 19550537 |
| \* | Grid Dynamics <br> Holdings, Inc.<br>| 107326 | 1519736 |
| \* | GSI Technology, Inc. | 38559 | 124160 |
| \* | Guidewire Software, <br> Inc.<br>| 44081 | 9026466 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
|  | Hackett Group, Inc. | 73730 | $1883064 |
| \* | Harmonic, Inc. | 217876 | 1956526 |
|  | Hewlett Packard <br> Enterprise Co.<br>| 1175649 | 19069027 |
|  | HP, Inc. | 536451 | 13717052 |
| \* | HubSpot, Inc. | 5453 | 3334509 |
| \* | I3 Verticals, Inc., <br> Class A<br>| 47126 | 1183805 |
| \* | Ichor Holdings Ltd. | 54893 | 1085784 |
| \* | Identiv, Inc. | 33818 | 112276 |
| #\* | Informatica, Inc., <br> Class A<br>| 37116 | 698894 |
|  | Information Services <br> Group, Inc.<br>| 43033 | 166968 |
| #\* | Insight Enterprises, <br> Inc.<br>| 48925 | 6765349 |
| \* | Intapp, Inc. | 37665 | 2043703 |
|  | Intel Corp. | 962861 | 19353506 |
| \* | Intellicheck, Inc. | 1258 | 3346 |
| # | InterDigital, Inc. | 88259 | 17740059 |
|  | International Business <br> Machines Corp.<br>| 547292 | 132346151 |
| \* | inTEST Corp. | 25923 | 160723 |
|  | Intuit, Inc. | 37984 | 23833820 |
| \* | IPG Photonics Corp. | 66639 | 3991010 |
| \* | Itron, Inc. | 102615 | 11420023 |
|  | Jabil, Inc. | 210947 | 30916392 |
| \* | Jamf Holding Corp. | 138487 | 1602295 |
| \* | JFrog Ltd. | 164191 | 5544730 |
| \* | Key Tronic Corp. | 22454 | 55237 |
| \* | Keysight Technologies, <br> Inc.<br>| 144880 | 21065552 |
| \* | Kimball Electronics, <br> Inc.<br>| 43702 | 626687 |
|  | KLA Corp. | 77815 | 54679822 |
| \* | Klaviyo, Inc., Class A | 6772 | 206140 |
| \* | Knowles Corp. | 245716 | 3867570 |
|  | Kulicke & Soffa <br> Industries, Inc.<br>| 151597 | 4885971 |
| \* | KVH Industries, Inc. | 68090 | 347940 |
| \* | Kyndryl Holdings, Inc. | 385428 | 12495576 |
|  | Lam Research Corp. | 626855 | 44926698 |
| \* | Lantronix, Inc. | 70683 | 150555 |
| #\* | Lattice Semiconductor <br> Corp.<br>| 53514 | 2618440 |
| \* | LGL Group, Inc. | 6640 | 45484 |
|  | Littelfuse, Inc. | 49045 | 8941394 |
| \* | LiveRamp Holdings, <br> Inc.<br>| 149588 | 3913222 |
| #\* | Lumentum Holdings, <br> Inc.<br>| 108508 | 6406312 |
| \* | MACOM Technology <br> Solutions Holdings, <br> Inc.<br>| 63881 | 6627654 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | Manhattan Associates, <br> Inc.<br>| 57118 | $10132162 |
|  | Marvell Technology, <br> Inc.<br>| 123139 | 7187623 |
| \* | MaxLinear, Inc. | 92565 | 924724 |
| \* | Meridianlink, Inc. | 49112 | 830484 |
|  | Methode Electronics, <br> Inc.<br>| 52888 | 331608 |
|  | Microchip Technology, <br> Inc.<br>| 211115 | 9728179 |
|  | Micron Technology, <br> Inc.<br>| 333240 | 25642818 |
|  | Microsoft Corp. | 3564385 | 1408858815 |
| \* | Mirion Technologies, <br> Inc.<br>| 206806 | 3263399 |
| \* | Mitek Systems, Inc. | 55586 | 460252 |
|  | MKS Instruments, Inc. | 15337 | 1075737 |
| \* | MongoDB, Inc. | 7608 | 1309869 |
|  | Monolithic Power <br> Systems, Inc.<br>| 15272 | 9057823 |
|  | Motorola Solutions, <br> Inc.<br>| 72016 | 31715126 |
| \* | M-Tron Industries, Inc. | 3320 | 184160 |
| \* | N-able, Inc. | 180809 | 1276512 |
| # | Napco Security <br> Technologies, Inc.<br>| 46020 | 1051557 |
| #\* | nCino, Inc. | 113636 | 2636355 |
| #\* | NCR Voyix Corp. | 130816 | 1121093 |
|  | NetApp, Inc. | 241476 | 21672471 |
| \* | NETGEAR, Inc. | 76133 | 1836328 |
| \* | NetScout Systems, <br> Inc.<br>| 86056 | 1808897 |
| \* | NetSol Technologies, <br> Inc.<br>| 4199 | 10414 |
| \* | nLight, Inc. | 67433 | 519908 |
| \* | Nortech Systems, Inc. | 446 | 3938 |
| \* | Novanta, Inc. | 31333 | 3724240 |
| \* | Nutanix, Inc., Class A | 85299 | 5860041 |
| # | NVE Corp. | 6553 | 380795 |
|  | NVIDIA Corp. | 13669064 | 1488834451 |
|  | NXP Semiconductors <br> NV<br>| 145600 | 26835536 |
| \* | Okta, Inc. | 79897 | 8961248 |
| \* | Olo, Inc., Class A | 51935 | 321997 |
| \* | ON Semiconductor <br> Corp.<br>| 383570 | 15227729 |
| \* | ON24, Inc. | 40244 | 188342 |
|  | OneSpan, Inc. | 69242 | 1029629 |
| \* | Onto Innovation, Inc. | 44086 | 5377169 |
| \* | Ooma, Inc. | 3797 | 46437 |
| \* | Optical Cable Corp. | 4427 | 13237 |
|  | Oracle Corp. | 832941 | 117211458 |
| #\* | OSI Systems, Inc. | 39421 | 8071056 |
| \* | Ouster, Inc. | 19532 | 145123 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | Palantir Technologies, <br> Inc., Class A<br>| 413256 | $48946041 |
| \* | Palo Alto Networks, <br> Inc.<br>| 69570 | 13004720 |
| #\* | PAR Technology Corp. | 41797 | 2440945 |
|  | PC Connection, Inc. | 60461 | 3751000 |
| \* | PDF Solutions, Inc. | 81770 | 1500479 |
|  | Pegasystems, Inc. | 73578 | 6775062 |
| #\* | Penguin Solutions, <br> Inc.<br>| 140472 | 2397857 |
| \* | Photronics, Inc. | 168184 | 3072722 |
| \* | Plexus Corp. | 60231 | 7374081 |
|  | Power Integrations, <br> Inc.<br>| 124721 | 6126296 |
| \* | Powerfleet, Inc. NJ | 46023 | 231956 |
| \* | Procore Technologies, <br> Inc.<br>| 8417 | 539446 |
| # | Progress Software <br> Corp.<br>| 113899 | 6829384 |
| \* | PTC, Inc. | 60114 | 9315867 |
| \* | Pure Storage, Inc., <br> Class A<br>| 103915 | 4713584 |
| \* | Q2 Holdings, Inc. | 73348 | 5812829 |
| \* | Qorvo, Inc. | 110552 | 7923262 |
|  | QUALCOMM, Inc. | 817724 | 121399305 |
| \* | Qualys, Inc. | 59223 | 7444923 |
| #\* | QuickLogic Corp. | 4090 | 23354 |
| \* | Rambus, Inc. | 177830 | 8676326 |
|  | Red Violet, Inc. | 3910 | 152725 |
| \* | RF Industries Ltd. | 19118 | 73222 |
| \* | Ribbon <br> Communications, <br> Inc.<br>| 261667 | 839951 |
|  | Richardson Electronics <br> Ltd.<br>| 31325 | 271275 |
| \* | Rimini Street, Inc. | 25826 | 91166 |
| \* | RingCentral, Inc., <br> Class A<br>| 28013 | 714332 |
| \* | Rogers Corp. | 30439 | 1881435 |
|  | Roper Technologies, <br> Inc.<br>| 30418 | 17036513 |
|  | Salesforce, Inc. | 232474 | 62468089 |
| \* | Samsara, Inc., <br> Class A<br>| 69922 | 2773107 |
| \* | Sandisk Corp. | 64903 | 2084035 |
| \* | Sanmina Corp. | 144395 | 11088092 |
|  | Sapiens International <br> Corp. NV<br>| 62251 | 1705055 |
| \* | ScanSource, Inc. | 92591 | 3054577 |
| # | Seagate Technology <br> Holdings PLC<br>| 129022 | 11744873 |
| \* | SEMrush Holdings, <br> Inc., Class A<br>| 42092 | 432706 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| #\* | SentinelOne, Inc., <br> Class A<br>| 394294 | $7294439 |
| \* | ServiceNow, Inc. | 13777 | 13157173 |
| \* | Silicon Laboratories, <br> Inc.<br>| 63252 | 6436524 |
| #\* | SiTime Corp. | 20778 | 3051457 |
|  | Skyworks Solutions, <br> Inc.<br>| 126303 | 8118757 |
| \* | Snowflake, Inc., <br> Class A<br>| 21154 | 3373851 |
| \* | SoundThinking, Inc. | 767 | 11904 |
| \* | Sprinklr, Inc., Class A | 49038 | 377102 |
| \* | SPS Commerce, Inc. | 2404 | 344998 |
| » | SRAX, Inc. | 3513 | 351 |
| \* | Synaptics, Inc. | 83237 | 4632971 |
| \* | Synchronoss <br> Technologies, Inc.<br>| 1336 | 14028 |
| #\* | Synopsys, Inc. | 20639 | 9473507 |
| # | TD SYNNEX Corp. | 120444 | 13345195 |
|  | TE Connectivity PLC | 215681 | 31571385 |
| \* | Teledyne Technologies, <br> Inc.<br>| 34609 | 16128832 |
| \* | Telos Corp. | 11369 | 31037 |
| \* | Teradata Corp. | 95032 | 2043188 |
|  | Teradyne, Inc. | 112658 | 8360350 |
|  | Texas Instruments, <br> Inc.<br>| 524903 | 84010725 |
| \* | Trimble, Inc. | 227402 | 14130760 |
| \* | Trio-Tech International | 3963 | 20449 |
| \* | TTM Technologies, <br> Inc.<br>| 270648 | 5418373 |
| \* | Turtle Beach Corp. | 2159 | 24936 |
| \* | Twilio, Inc., Class A | 68830 | 6656549 |
| \* | Tyler Technologies, <br> Inc.<br>| 18204 | 9890233 |
| \* | Ultra Clean Holdings, <br> Inc.<br>| 57744 | 1080102 |
| \* | Unisys Corp. | 2136 | 8480 |
| #\* | Unity Software, Inc. | 128535 | 2708232 |
|  | Universal Display <br> Corp.<br>| 40337 | 5067537 |
| #\* | Veeco Instruments, <br> Inc.<br>| 87846 | 1642720 |
| \* | Verint Systems, Inc. | 81051 | 1429740 |
| \* | VeriSign, Inc. | 55732 | 15723112 |
| #\* | Vertex, Inc., Class A | 41258 | 1651558 |
| \* | Viant Technology, Inc., <br> Class A<br>| 2633 | 37678 |
| \* | Viasat, Inc. | 4366 | 40473 |
| \* | Viavi Solutions, Inc. | 493081 | 5216797 |
|  | Vishay Intertechnology, <br> Inc.<br>| 281827 | 3660933 |
| \* | Vishay Precision <br> Group, Inc.<br>| 26865 | 670013 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
|  | Vontier Corp. | 222273 | $7070504 |
| #\* | Western Digital Corp. | 194711 | 8540024 |
| \* | WidePoint Corp. | 562 | 2400 |
| \* | Workday, Inc., Class A | 13900 | 3405500 |
| # | Xerox Holdings Corp. | 225156 | 992938 |
| \* | Xperi, Inc. | 13658 | 100933 |
| \* | Yext, Inc. | 88902 | 604534 |
| \* | Zebra Technologies <br> Corp., Class A<br>| 39055 | 9776248 |
| \* | Zoom <br> Communications, <br> Inc.<br>| 96172 | 7457177 |
| \* | Zscaler, Inc. | 13908 | 3145572 |
| TOTAL INFORMATION <br> TECHNOLOGY | TOTAL INFORMATION <br> TECHNOLOGY |  | 7321472479 |
| MATERIALS — (3.4%) | MATERIALS — (3.4%) | MATERIALS — (3.4%) | MATERIALS — (3.4%) |
|  | AdvanSix, Inc. | 41600 | 891072 |
|  | Air Products & <br> Chemicals, Inc.<br>| 96668 | 26205728 |
| # | Albemarle Corp. | 103076 | 6035100 |
|  | Alcoa Corp. | 169171 | 4149765 |
| #\* | Alpha Metallurgical <br> Resources, Inc.<br>| 11497 | 1395161 |
| # | Amcor PLC | 3550970 | 32668924 |
| \* | American Biltrite, Inc. | 36 | 3008 |
|  | AptarGroup, Inc. | 124240 | 18629788 |
|  | Ardagh Metal <br> Packaging SA<br>| 14103 | 52322 |
| \* | Arq, Inc. | 33633 | 127469 |
| \* | Ascent Industries Co. | 19088 | 251962 |
|  | Ashland, Inc. | 67169 | 3653322 |
| #\* | Aspen Aerogels, Inc. | 96937 | 523460 |
| \* | ATI, Inc. | 225110 | 12241482 |
|  | Avery Dennison Corp. | 136814 | 23410244 |
|  | Avient Corp. | 171145 | 5700840 |
| \* | Axalta Coating <br> Systems Ltd.<br>| 402634 | 13085605 |
|  | Balchem Corp. | 56029 | 8771340 |
|  | Ball Corp. | 264562 | 13741350 |
|  | Cabot Corp. | 137563 | 10804198 |
|  | Caledonia Mining <br> Corp. PLC<br>| 1563 | 20585 |
| # | Carpenter Technology <br> Corp.<br>| 130108 | 25450426 |
|  | Celanese Corp. | 106191 | 4726561 |
| \* | Century Aluminum Co. | 245589 | 4030115 |
|  | CF Industries Holdings, <br> Inc.<br>| 247915 | 19429099 |
| # | Chemours Co. | 65914 | 816015 |
| \* | Clearwater Paper <br> Corp.<br>| 101220 | 2718769 |
| #\* | Cleveland-Cliffs, Inc. | 296519 | 2443317 |
| \* | Coeur Mining, Inc. | 738660 | 4099563 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | Commercial Metals <br> Co.<br>| 252512 | $11246884 |
| \* | Core Molding <br> Technologies, Inc.<br>| 17303 | 266120 |
|  | Corteva, Inc. | 458974 | 28451798 |
|  | CRH PLC (CRHCF <br> US)<br>| 93049 | 8878736 |
| # | Crown Holdings, Inc. | 272535 | 26253297 |
| \* | Dakota Gold Corp. | 18042 | 48713 |
|  | Dow, Inc. | 636628 | 19474450 |
|  | DuPont de Nemours, <br> Inc.<br>| 181245 | 11960358 |
|  | Eagle Materials, Inc. | 76453 | 17308195 |
|  | Eastman Chemical <br> Co.<br>| 108138 | 8326626 |
|  | Ecolab, Inc. | 84674 | 21289584 |
|  | Element Solutions, <br> Inc.<br>| 532030 | 10858732 |
|  | Ferroglobe PLC | 23821 | 83135 |
| \* | Flexible Solutions <br> International, Inc.<br>| 3460 | 13044 |
| \* | Flotek Industries, Inc. | 7468 | 51977 |
|  | FMC Corp. | 119636 | 5015141 |
|  | Fortitude Gold Corp. | 54214 | 188123 |
|  | Freeport-McMoRan, <br> Inc.<br>| 794665 | 28631780 |
|  | Friedman Industries, <br> Inc.<br>| 15398 | 265000 |
| # | Graphic Packaging <br> Holding Co.<br>| 764498 | 19349444 |
|  | Greif, Inc. (GEF US), <br> Class A<br>| 70081 | 3677851 |
|  | Greif, Inc. (GEF/B US), <br> Class B<br>| 23264 | 1292780 |
| # | Hawkins, Inc. | 50889 | 6197262 |
|  | HB Fuller Co. | 124455 | 6725548 |
|  | Hecla Mining Co. | 751216 | 4296956 |
|  | Huntsman Corp. | 423988 | 5643280 |
| \* | Idaho Strategic <br> Resources, Inc.<br>| 1131 | 18085 |
| \* | Ingevity Corp. | 45710 | 1507516 |
|  | Innospec, Inc. | 52156 | 4666919 |
|  | International Flavors & <br> Fragrances, Inc.<br>| 106261 | 8337238 |
| # | International Paper <br> Co.<br>| 353899 | 16166106 |
| \* | Intrepid Potash, Inc. | 17607 | 581735 |
|  | Kaiser Aluminum <br> Corp.<br>| 18963 | 1222355 |
| #\* | Knife River Corp. | 118604 | 11075241 |
|  | Koppers Holdings, Inc. | 50987 | 1277734 |
|  | Kronos Worldwide, <br> Inc.<br>| 88174 | 679822 |
|  | Linde PLC | 199678 | 90500060 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | Louisiana-Pacific <br> Corp.<br>| 176125 | $15201349 |
| #\* | LSB Industries, Inc. | 103474 | 660164 |
| # | LyondellBasell <br> Industries NV, <br> Class A<br>| 184101 | 10716519 |
| \* | Magnera Corp. | 46409 | 680820 |
|  | Martin Marietta <br> Materials, Inc.<br>| 50140 | 26272357 |
|  | Materion Corp. | 52387 | 4348645 |
|  | Mativ Holdings, Inc. | 72842 | 372223 |
|  | Mercer International, <br> Inc.<br>| 92160 | 411955 |
| #\* | Metallus, Inc. | 124808 | 1578821 |
|  | Minerals Technologies, <br> Inc.<br>| 67998 | 3508017 |
| # | Mosaic Co. | 74700 | 2270880 |
| #\* | MP Materials Corp. | 215804 | 5278566 |
|  | Myers Industries, Inc. | 48156 | 505638 |
|  | NewMarket Corp. | 18605 | 11447656 |
|  | Newmont Corp. | 533060 | 28081601 |
| \* | Nexa Resources SA | 21304 | 124415 |
|  | Northern Technologies <br> International Corp.<br>| 21837 | 162686 |
|  | Nucor Corp. | 215596 | 25735694 |
|  | Olin Corp. | 312035 | 6746197 |
|  | Olympic Steel, Inc. | 29553 | 953084 |
|  | Orion SA | 17423 | 209773 |
|  | Packaging Corp. of <br> America<br>| 97656 | 18125930 |
| \* | Perimeter Solutions, <br> Inc.<br>| 104254 | 1056093 |
|  | PPG Industries, Inc. | 227259 | 24739415 |
|  | Quaker Chemical <br> Corp.<br>| 3787 | 401195 |
|  | Radius Recycling, Inc. | 30863 | 905212 |
| # | Ramaco Resources, <br> Inc. (METC US), <br> Class A<br>| 41213 | 415427 |
|  | Ramaco Resources, <br> Inc. (METCB US), <br> Class B<br>| 4987 | 45731 |
| \* | Ranpak Holdings <br> Corp.<br>| 27705 | 113868 |
| \* | Rayonier Advanced <br> Materials, Inc.<br>| 146749 | 625151 |
|  | Reliance, Inc. | 81191 | 23401682 |
| †† | Resolute Forest <br> Products, Inc.<br>| 229171 | 61028 |
|  | Royal Gold, Inc. | 98520 | 18000589 |
|  | RPM International, <br> Inc.<br>| 170372 | 18187211 |
|  | Ryerson Holding Corp. | 88140 | 2060713 |
|  | Scotts Miracle-Gro Co. | 25003 | 1259651 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | Sealed Air Corp. | 177120 | $4881427 |
|  | Sensient Technologies <br> Corp.<br>| 87506 | 8221189 |
|  | Sherwin-Williams Co. | 139942 | 49388331 |
|  | Silgan Holdings, Inc. | 300473 | 15519430 |
| \* | Smith-Midland Corp. | 778 | 23332 |
|  | Smurfit WestRock <br> PLC<br>| 160789 | 6756354 |
|  | Sonoco Products Co. | 242343 | 9936063 |
| # | Southern Copper <br> Corp.<br>| 58123 | 5203171 |
|  | Steel Dynamics, Inc. | 229593 | 29780508 |
|  | Stepan Co. | 38806 | 1962031 |
|  | SunCoke Energy, Inc. | 127118 | 1151689 |
|  | Sylvamo Corp. | 72377 | 4315117 |
| \* | Tredegar Corp. | 6214 | 48283 |
|  | TriMas Corp. | 66342 | 1595525 |
|  | Tronox Holdings PLC | 185984 | 1006173 |
| #\* | U.S. Gold Corp. | 6134 | 67290 |
|  | U.S. Lime & Minerals, <br> Inc.<br>| 52548 | 4913763 |
| # | U.S. Steel Corp. | 76122 | 3327293 |
|  | Vulcan Materials Co. | 116859 | 30655621 |
| # | Warrior Met Coal, Inc. | 126547 | 6051478 |
|  | Westlake Corp. | 50760 | 4691747 |
|  | Worthington Steel, Inc. | 100844 | 2587657 |
| TOTAL MATERIALS | TOTAL MATERIALS |  | 1074653643 |
| REAL ESTATE — (0.4%) | REAL ESTATE — (0.4%) | REAL ESTATE — (0.4%) | REAL ESTATE — (0.4%) |
| \* | AMREP Corp. | 9398 | 211925 |
| \* | Anywhere Real Estate, <br> Inc.<br>| 148890 | 515159 |
| \* | CBRE Group, Inc., <br> Class A<br>| 271159 | 33130207 |
| \* | CKX Lands, Inc. | 2161 | 22734 |
| \* | Comstock Holding <br> Cos., Inc.<br>| 4554 | 47544 |
| \* | CoStar Group, Inc. | 196372 | 14564911 |
| \* | Cushman & Wakefield <br> PLC<br>| 316542 | 2965998 |
| \* | Douglas Elliman, Inc. | 27019 | 44852 |
|  | eXp World Holdings, <br> Inc.<br>| 29327 | 268635 |
| \* | Five Point <br> Holdings LLC, <br> Class A<br>| 104641 | 550412 |
| \* | Forestar Group, Inc. | 59853 | 1152769 |
| \* | FRP Holdings, Inc. | 49116 | 1305749 |
| \* | Howard Hughes <br> Holdings, Inc.<br>| 114263 | 7601917 |
| \* | Jones Lang LaSalle, <br> Inc.<br>| 81107 | 18444543 |
| \*» | JW Mays, Inc. | 2713 | 100815 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) |
|  | Kennedy-Wilson <br> Holdings, Inc.<br>| 260079 | $1664506 |
|  | Marcus & Millichap, <br> Inc.<br>| 101214 | 3076906 |
| #\* | Maui Land & Pineapple <br> Co., Inc.<br>| 12873 | 199918 |
| \* | Millrose Properties, <br> Inc.<br>| 99824 | 2499593 |
|  | Newmark Group, Inc., <br> Class A<br>| 334864 | 3680155 |
| \* | Rafael Holdings, Inc., <br> Class B<br>| 20215 | 31940 |
| \* | RE/MAX Holdings, <br> Inc., Class A<br>| 7358 | 56289 |
|  | RMR Group, Inc., <br> Class A<br>| 23160 | 339989 |
| \* | Seaport Entertainment <br> Group, Inc.<br>| 28788 | 551290 |
|  | St. Joe Co. | 129189 | 5467278 |
| \* | Stratus Properties, <br> Inc.<br>| 10220 | 162191 |
| #\* | Tejon Ranch Co. | 36165 | 612273 |
| \* | Zillow Group, Inc. (Z <br> US), Class C<br>| 170206 | 11459970 |
| \* | Zillow Group, Inc. (ZG <br> US), Class A<br>| 58846 | 3882659 |
| TOTAL REAL ESTATE | TOTAL REAL ESTATE |  | 114613127 |
| UTILITIES — (2.2%) | UTILITIES — (2.2%) | UTILITIES — (2.2%) | UTILITIES — (2.2%) |
|  | AES Corp. | 380187 | 3801870 |
|  | ALLETE, Inc. | 66245 | 4338385 |
|  | Alliant Energy Corp. | 189574 | 11571597 |
|  | Ameren Corp. | 114460 | 11359010 |
|  | American Electric <br> Power Co., Inc.<br>| 221751 | 24024503 |
|  | American States Water <br> Co.<br>| 56210 | 4559193 |
|  | American Water Works <br> Co., Inc.<br>| 76643 | 11267287 |
|  | Artesian Resources <br> Corp., Class A<br>| 12197 | 433237 |
|  | Atmos Energy Corp. | 92101 | 14794184 |
|  | Avista Corp. | 107514 | 4458606 |
|  | Black Hills Corp. | 68263 | 4157217 |
| # | Brookfield Renewable <br> Corp.<br>| 120401 | 3426613 |
|  | California Water <br> Service Group<br>| 92876 | 4704169 |
|  | CenterPoint Energy, <br> Inc.<br>| 358090 | 13886730 |
|  | Chesapeake Utilities <br> Corp.<br>| 33768 | 4446233 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) |
|  | Clearway Energy, Inc. <br> (CWEN US), <br> Class C<br>| 109210 | $3204221 |
|  | Clearway Energy, Inc. <br> (CWENA US), <br> Class A<br>| 30472 | 833409 |
|  | CMS Energy Corp. | 167973 | 12371212 |
|  | Consolidated Edison, <br> Inc.<br>| 145724 | 16430381 |
| # | Consolidated Water <br> Co. Ltd.<br>| 25922 | 602427 |
|  | Constellation Energy <br> Corp.<br>| 77855 | 17395921 |
|  | Dominion Energy, Inc. | 122561 | 6664867 |
|  | DTE Energy Co. | 105448 | 14446376 |
| # | Duke Energy Corp. | 144772 | 17665080 |
|  | Edison International | 110784 | 5928052 |
| # | Entergy Corp. | 215812 | 17949084 |
|  | Essential Utilities, Inc. | 164106 | 6749680 |
|  | Evergy, Inc. | 216513 | 14961048 |
|  | Eversource Energy | 102092 | 6072432 |
|  | Exelon Corp. | 391646 | 18368197 |
|  | FirstEnergy Corp. | 247840 | 10627379 |
|  | Genie Energy Ltd., <br> Class B<br>| 49931 | 737481 |
|  | Global Water <br> Resources, Inc.<br>| 821 | 8563 |
|  | IDACORP, Inc. | 68279 | 8063067 |
| # | MDU Resources <br> Group, Inc.<br>| 480142 | 8229634 |
| # | MGE Energy, Inc. | 59222 | 5354853 |
|  | Middlesex Water Co. | 29188 | 1842347 |
|  | National Fuel Gas Co. | 40440 | 3104983 |
|  | New Jersey Resources <br> Corp.<br>| 166681 | 8157368 |
|  | NextEra Energy, Inc. | 402588 | 26925086 |
|  | NiSource, Inc. | 320661 | 12541052 |
|  | Northwest Natural <br> Holding Co.<br>| 42858 | 1847180 |
|  | Northwestern Energy <br> Group, Inc.<br>| 59193 | 3446808 |
| # | NRG Energy, Inc. | 537776 | 58929494 |
|  | OGE Energy Corp. | 193838 | 8796368 |
|  | ONE Gas, Inc. | 73193 | 5746382 |
| # | Ormat Technologies, <br> Inc.<br>| 133771 | 9711775 |
| # | Otter Tail Corp. | 68475 | 5435546 |
|  | PG&E Corp. | 671357 | 11090818 |
|  | Pinnacle West Capital <br> Corp.<br>| 73729 | 7017526 |
|  | Portland General <br> Electric Co.<br>| 120220 | 5063666 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) |
|  | PPL Corp. | 368720 | $13458280 |
|  | Public Service <br> Enterprise Group, <br> Inc.<br>| 296330 | 23685657 |
| \* | Pure Cycle Corp. | 41462 | 410474 |
|  | RGC Resources, Inc. | 9760 | 204667 |
|  | Sempra | 185399 | 13769584 |
|  | SJW Group | 42041 | 2385406 |
|  | Southern Co. | 226157 | 20781567 |
|  | Southwest Gas <br> Holdings, Inc.<br>| 78920 | 5698813 |
|  | Spire, Inc. | 71074 | 5440004 |
|  | TXNM Energy, Inc. | 74020 | 3937864 |
| # | UGI Corp. | 258497 | 8476117 |
|  | Unitil Corp. | 26478 | 1553200 |
|  | Vistra Corp. | 691902 | 89691256 |
| # | WEC Energy Group, <br> Inc.<br>| 105697 | 11575936 |
|  | Xcel Energy, Inc. | 270396 | 19116997 |
|  | York Water Co. | 20837 | 733462 |
| TOTAL UTILITIES | TOTAL UTILITIES |  | 704467881 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 30316875401 |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| INFORMATION TECHNOLOGY — (0.0%) | INFORMATION TECHNOLOGY — (0.0%) | INFORMATION TECHNOLOGY — (0.0%) | INFORMATION TECHNOLOGY — (0.0%) |
| \*» | M-Tron Industries, Inc. <br> Warrants <br> 02/28/2028<br>| 3320 | 5810 |
| TOTAL <br> RIGHTS/WARRANTS | TOTAL <br> RIGHTS/WARRANTS |  | 5810 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $11,756,633,517) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $11,756,633,517) |  | 30316881211 |

---

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

---

| | | | |
|:---|:---|:---|:---|
| TEMPORARY CASH INVESTMENTS — (0.8%) | TEMPORARY CASH INVESTMENTS — (0.8%) | TEMPORARY CASH INVESTMENTS — (0.8%) | TEMPORARY CASH INVESTMENTS — (0.8%) |
| Ɏ | State Street <br> Institutional <br> U.S. Government <br> Money Market Fund <br> 4.290%<br>| 257970914 | 257970914 |
| SECURITIES LENDING COLLATERAL — (3.6%) | SECURITIES LENDING COLLATERAL — (3.6%) | SECURITIES LENDING COLLATERAL — (3.6%) | SECURITIES LENDING COLLATERAL — (3.6%) |
| @§ | The DFA Short Term <br> Investment Fund <br>| 97416269 | 1126619149 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $13,141,296,492) | (Cost $13,141,296,492) |  | $31701471274 |

---

------

**U.S. Core Equity 2 Portfolio**

**CONTINUED**

As of April 30, 2025, U.S. Core Equity 2 Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 933 | 06/20/25 | &nbsp;&nbsp; $262648136 | &nbsp;&nbsp; $260633550 | &nbsp;&nbsp; $(2014586)<br>|
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$262648136** | &nbsp;&nbsp; **$260633550** | &nbsp;&nbsp; **$(2014586)**<br>|

---

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Communication Services | &nbsp;&nbsp; $2252395194 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $2252395194 |
| Consumer Discretionary | &nbsp;&nbsp; 2863442288 | &nbsp;&nbsp; $74217 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2863516505 |
| Consumer Staples | &nbsp;&nbsp; 1947504101 | &nbsp;&nbsp; 206933 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1947711034 |
| Energy | &nbsp;&nbsp; 1485637575 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1485637575 |
| Financials | &nbsp;&nbsp; 5514245813 | &nbsp;&nbsp; 190500 | &nbsp;&nbsp; — | &nbsp;&nbsp; 5514436313 |
| Health Care | &nbsp;&nbsp; 2918063307 | &nbsp;&nbsp; — | &nbsp;&nbsp; $1072193 | &nbsp;&nbsp; 2919135500 |
| Industrials | &nbsp;&nbsp; 4116530192 | &nbsp;&nbsp; 2305163 | &nbsp;&nbsp; 795 | &nbsp;&nbsp; 4118836150 |
| Information Technology | &nbsp;&nbsp; 7321472128 | &nbsp;&nbsp; 351 | &nbsp;&nbsp; — | &nbsp;&nbsp; 7321472479 |
| Materials | &nbsp;&nbsp; 1074592615 | &nbsp;&nbsp; — | &nbsp;&nbsp; 61028 | &nbsp;&nbsp; 1074653643 |
| Real Estate | &nbsp;&nbsp; 114512312 | &nbsp;&nbsp; 100815 | &nbsp;&nbsp; — | &nbsp;&nbsp; 114613127 |
| Utilities | &nbsp;&nbsp; 704467881 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 704467881 |
| Rights/Warrants |  |  |  |  |
| Information Technology | &nbsp;&nbsp; — | &nbsp;&nbsp; 5810 | &nbsp;&nbsp; — | &nbsp;&nbsp; 5810 |
| Temporary Cash Investments | &nbsp;&nbsp; 257970914 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 257970914 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 1126619149 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1126619149 |
| Total Investments in Securities | &nbsp;&nbsp; $30570834320 | &nbsp;&nbsp; $1129502938 | &nbsp;&nbsp; $1,134,016˂˃ | &nbsp;&nbsp; $31701471274 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Liabilities** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; (2014586) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (2014586) |
| Total Financial Instruments | &nbsp;&nbsp; $(2014586) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $(2014586) |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

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

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

------

**U.S. Vector Equity Portfolio**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)**

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMON STOCKS — (97.7%) | COMMON STOCKS — (97.7%) | COMMON STOCKS — (97.7%) | COMMON STOCKS — (97.7%) |
| COMMUNICATION SERVICES — (7.0%) | COMMUNICATION SERVICES — (7.0%) | COMMUNICATION SERVICES — (7.0%) | COMMUNICATION SERVICES — (7.0%) |
|  | Alphabet, Inc. (GOOG <br> US), Class C<br>| 232055 | $37335329 |
|  | Alphabet, Inc. <br> (GOOGL US), <br> Class A<br>| 249731 | 39657283 |
| \* | AMC Networks, Inc., <br> Class A<br>| 4894 | 31322 |
| \* | Anterix, Inc. | 4161 | 124206 |
|  | AT&T, Inc. | 610205 | 16902679 |
| \* | Atlanta Braves <br> Holdings, Inc. <br> (2291915D US), <br> Class A<br>| 1256 | 54573 |
| \* | Atlanta Braves <br> Holdings, Inc. <br> (2292098D US), <br> Class C<br>| 41 | 1634 |
|  | ATN International, <br> Inc.<br>| 3917 | 69292 |
| \* | Bandwidth, Inc., <br> Class A<br>| 17147 | 212966 |
| \* | Boston Omaha Corp., <br> Class A<br>| 6224 | 96659 |
|  | Cable One, Inc. | 1090 | 291324 |
| \* | Cargurus, Inc. | 1727 | 48287 |
| \* | Cars.com, Inc. | 48125 | 560175 |
| \* | Charter <br> Communications, <br> Inc., Class A<br>| 23470 | 9196954 |
| # | Cinemark Holdings, <br> Inc.<br>| 74142 | 2217587 |
| \* | Cineverse Corp. | 2980 | 8821 |
|  | Comcast Corp., <br> Class A<br>| 401170 | 13720014 |
| \* | Creative Realities, <br> Inc.<br>| 100 | 182 |
| \* | EchoStar Corp., <br> Class A<br>| 1840 | 41363 |
|  | Electronic Arts, Inc. | 25513 | 3701681 |
|  | Entravision <br> Communications <br> Corp., Class A<br>| 72522 | 132715 |
| \* | Eventbrite, Inc., <br> Class A<br>| 9491 | 20121 |
|  | Fox Corp. (FOXA US), <br> Class A<br>| 93567 | 4658701 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
| \* | Frontier <br> Communications <br> Parent, Inc.<br>| 120192 | $4356960 |
| \* | Gaia, Inc. | 9523 | 49901 |
| \* | Gannett Co., Inc. | 3425 | 10960 |
|  | Gray Media, Inc. | 52447 | 175697 |
|  | Gray Media, Inc., <br> Class A<br>| 2300 | 17585 |
|  | IDT Corp., Class B | 20261 | 1018115 |
| \* | IMAX Corp. | 24673 | 600294 |
| \* | Integral Ad Science <br> Holding Corp.<br>| 75918 | 536740 |
|  | Interpublic Group of <br> Cos., Inc.<br>| 80376 | 2019045 |
|  | Iridium <br> Communications, <br> Inc.<br>| 65223 | 1573831 |
| \* | IZEA Worldwide, Inc. | 62 | 128 |
|  | John Wiley & Sons, <br> Inc. (WLY US), <br> Class A<br>| 29480 | 1286507 |
| \* | Lee Enterprises, Inc. | 3698 | 29769 |
| \* | Liberty Broadband <br> Corp. (LBRDA US), <br> Class A<br>| 1935 | 172312 |
| \* | Liberty Broadband <br> Corp. (LBRDK US), <br> Class C<br>| 28489 | 2575121 |
| \* | Liberty Global Ltd. <br> (LBTYA US), <br> Class A<br>| 46057 | 504324 |
| \* | Liberty Global Ltd. <br> (LBTYK US), <br> Class C<br>| 53002 | 601043 |
| \* | Liberty Latin America <br> Ltd. (LILA US), <br> Class A<br>| 20793 | 112698 |
| \* | Liberty Latin America <br> Ltd. (LILAK US), <br> Class C<br>| 135519 | 745355 |
| \* | Liberty Media <br> Corp.-Liberty <br> Formula One <br> (FWONA US), <br> Class A<br>| 846 | 68145 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
| \* | Liberty Media <br> Corp.-Liberty <br> Formula One <br> (FWONK US), <br> Class C<br>| 890 | $78916 |
| \* | Liberty Media <br> Corp.-Liberty Live <br> (LLYVA US), <br> Class A<br>| 3558 | 248989 |
| \* | Liberty Media <br> Corp.-Liberty Live <br> (LLYVK US), <br> Class C<br>| 13869 | 991772 |
| #\* | Lions Gate <br> Entertainment Corp. <br> (LGF/A US), <br> Class A<br>| 29251 | 259749 |
| \* | Lions Gate <br> Entertainment Corp. <br> (LGF/B US), <br> Class B<br>| 27328 | 218077 |
| \* | Lumen Technologies, <br> Inc.<br>| 556971 | 1971677 |
| \* | Madison Square <br> Garden <br> Entertainment <br> Corp.<br>| 11711 | 379905 |
| \* | Madison Square <br> Garden Sports <br> Corp.<br>| 3499 | 673802 |
| \* | Magnite, Inc. | 29369 | 349197 |
|  | Marcus Corp. | 8545 | 139369 |
|  | Meta Platforms, Inc., <br> Class A<br>| 171344 | 94067856 |
|  | New York Times Co., <br> Class A<br>| 35000 | 1822100 |
|  | News Corp. (NWSA <br> US), Class A<br>| 127975 | 3470682 |
|  | Nexstar Media Group, <br> Inc.<br>| 21425 | 3206466 |
| \* | Nextdoor Holdings, <br> Inc.<br>| 79049 | 116202 |
|  | Omnicom Group, Inc. | 38949 | 2966356 |
| # | Paramount Global <br> (PARAA US), <br> Class A<br>| 3778 | 85610 |
| \* | PubMatic, Inc., <br> Class A<br>| 28385 | 277321 |
| \* | QuinStreet, Inc. | 629 | 11020 |
| \* | Reservoir Media, Inc. | 7804 | 58530 |
| \* | Roku, Inc. | 2131 | 145292 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
|  | Saga <br> Communications, <br> Inc., Class A<br>| 2124 | $24107 |
|  | Scholastic Corp. | 17750 | 320033 |
|  | Shenandoah <br> Telecommunications <br> Co.<br>| 37897 | 422173 |
|  | Shutterstock, Inc. | 13290 | 212108 |
| # | Sirius XM Holdings, <br> Inc.<br>| 12179 | 260874 |
| #\* | Sphere Entertainment <br> Co.<br>| 25888 | 705448 |
|  | Spok Holdings, Inc. | 15785 | 226357 |
| \* | Stagwell, Inc. | 39501 | 220416 |
| \* | Sunrise <br> Communications <br> AG, ADR, Class A<br>| 15781 | 850912 |
| \* | TechTarget, Inc. | 17658 | 140734 |
|  | TEGNA, Inc. | 141558 | 2297486 |
|  | Telephone & Data <br> Systems, Inc.<br>| 86144 | 3229539 |
| \* | Thryv Holdings, Inc. | 8100 | 110970 |
|  | T-Mobile U.S., Inc. | 31965 | 7893757 |
|  | Townsquare Media, <br> Inc., Class A<br>| 524 | 3469 |
| \* | Travelzoo | 12456 | 172765 |
| \* | TripAdvisor, Inc. | 10504 | 130775 |
| \* | TrueCar, Inc. | 52303 | 77931 |
| \* | U.S. Cellular Corp. | 46149 | 3168590 |
|  | Verizon <br> Communications, <br> Inc.<br>| 425249 | 18736471 |
| \* | Vimeo, Inc. | 47311 | 238447 |
|  | Walt Disney Co. | 59334 | 5396427 |
| \* | Warner Bros <br> Discovery, Inc.<br>| 204787 | 1775503 |
| # | Warner Music Group <br> Corp., Class A<br>| 19900 | 605955 |
| \* | WideOpenWest, Inc. | 22903 | 100315 |
| \* | Yelp, Inc. | 37348 | 1310168 |
| \* | Zedge, Inc., Class B | 5669 | 13719 |
| \* | Ziff Davis, Inc. | 26017 | 768282 |
| \* | ZoomInfo <br> Technologies, Inc.<br>| 157603 | 1349082 |
| TOTAL COMMUNICATION <br> SERVICES | TOTAL COMMUNICATION <br> SERVICES |  | 307840099 |
| CONSUMER DISCRETIONARY — (10.2%) | CONSUMER DISCRETIONARY — (10.2%) | CONSUMER DISCRETIONARY — (10.2%) | CONSUMER DISCRETIONARY — (10.2%) |
| \* | 1-800-Flowers.com, <br> Inc., Class A<br>| 25052 | 138538 |
| \* | 1stdibs.com, Inc. | 14223 | 35131 |
| \* | Abercrombie & Fitch <br> Co., Class A<br>| 25312 | 1757159 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Academy Sports & <br> Outdoors, Inc.<br>| 57320 | $2159818 |
| \* | Accel Entertainment, <br> Inc.<br>| 4871 | 50171 |
| # | Acushnet Holdings <br> Corp.<br>| 53852 | 3566079 |
| \* | Adient PLC | 30408 | 384661 |
|  | ADT, Inc. | 302496 | 2426018 |
| \* | Adtalem Global <br> Education, Inc.<br>| 35462 | 3766064 |
|  | Advance Auto Parts, <br> Inc.<br>| 19844 | 649296 |
|  | A-Mark Precious <br> Metals, Inc.<br>| 14437 | 351685 |
| \* | Amazon.com, Inc. | 400155 | 73796585 |
|  | AMCON Distributing <br> Co.<br>| 438 | 52683 |
| \* | American Axle & <br> Manufacturing <br> Holdings, Inc.<br>| 79396 | 303293 |
|  | American Eagle <br> Outfitters, Inc.<br>| 133690 | 1407756 |
| \* | American Outdoor <br> Brands, Inc.<br>| 10326 | 115909 |
| \* | American Public <br> Education, Inc.<br>| 17400 | 408900 |
| \* | America's Car-Mart, <br> Inc.<br>| 5702 | 270389 |
| \* | Aptiv PLC | 52308 | 2984694 |
|  | Aramark | 71176 | 2379414 |
| \* | Arhaus, Inc. | 19085 | 150008 |
|  | Ark Restaurants <br> Corp.<br>| 2975 | 27549 |
|  | Arko Corp. | 33810 | 136085 |
| \* | Asbury Automotive <br> Group, Inc.<br>| 8462 | 1845901 |
|  | Autoliv, Inc. | 26841 | 2502386 |
| \* | AutoNation, Inc. | 19626 | 3417868 |
| \* | AutoZone, Inc. | 263 | 989564 |
|  | Bassett Furniture <br> Industries, Inc.<br>| 9023 | 159256 |
|  | Bath & Body Works, <br> Inc.<br>| 16472 | 502561 |
| \* | Beazer Homes USA, <br> Inc.<br>| 20159 | 394310 |
|  | Best Buy Co., Inc. | 57526 | 3836409 |
| \* | Beyond, Inc. | 22601 | 91986 |
| \* | Biglari Holdings, Inc. <br> (BH US), Class B<br>| 1079 | 251310 |
| \* | Biglari Holdings, Inc. <br> (BH/A US), Class A<br>| 142 | 162874 |
| \* | Birkenstock Holding <br> PLC<br>| 4613 | 237247 |
| \* | BJ's Restaurants, Inc. | 17124 | 570058 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Bloomin' Brands, Inc. | 44701 | $358502 |
|  | Booking Holdings, <br> Inc.<br>| 139 | 708800 |
| \* | Boot Barn Holdings, <br> Inc.<br>| 15558 | 1623322 |
|  | BorgWarner, Inc. | 110754 | 3143199 |
|  | Boyd Gaming Corp. | 37836 | 2615981 |
| \* | Bright Horizons Family <br> Solutions, Inc.<br>| 3742 | 469322 |
| \* | Brinker International, <br> Inc.<br>| 15974 | 2145308 |
|  | Brunswick Corp. | 39658 | 1826251 |
|  | Buckle, Inc. | 31954 | 1110721 |
|  | Build-A-Bear <br> Workshop, Inc.<br>| 10130 | 357386 |
| \* | Burlington Stores, <br> Inc.<br>| 13178 | 2965577 |
| \* | Caesars <br> Entertainment, Inc.<br>| 7463 | 201949 |
|  | Caleres, Inc. | 27762 | 423093 |
|  | Camping World <br> Holdings, Inc., <br> Class A<br>| 30208 | 364308 |
| \* | Capri Holdings Ltd. | 44674 | 671897 |
| \* | CarMax, Inc. | 41777 | 2701719 |
| \* | Carnival Corp. | 3410 | 62539 |
|  | Carriage Services, <br> Inc.<br>| 12999 | 519440 |
|  | Carter's, Inc. | 2639 | 87219 |
| \* | Carvana Co. | 2266 | 553697 |
|  | Cato Corp., Class A | 2852 | 6731 |
| \* | Cavco Industries, Inc. | 202 | 99758 |
|  | Century Communities, <br> Inc.<br>| 23307 | 1271164 |
| \* | Champion Homes, <br> Inc.<br>| 1260 | 108990 |
| # | Cheesecake Factory, <br> Inc.<br>| 35759 | 1801181 |
| \* | Chewy, Inc., Class A | 29624 | 1110900 |
| \* | Chipotle Mexican Grill, <br> Inc.<br>| 75426 | 3810522 |
| # | Choice Hotels <br> International, Inc.<br>| 5959 | 751489 |
|  | Churchill Downs, Inc. | 5130 | 463803 |
| \* | Citi Trends, Inc. | 10291 | 229798 |
|  | Clarus Corp. | 3449 | 11347 |
|  | Columbia Sportswear <br> Co.<br>| 13389 | 832394 |
|  | Cracker Barrel Old <br> Country Store, Inc.<br>| 4697 | 200562 |
| \* | Crocs, Inc. | 27201 | 2622720 |
|  | Crown Crafts, Inc. | 4355 | 13021 |
| \* | Culp, Inc. | 9172 | 34854 |
|  | Dana, Inc. | 98173 | 1348897 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Darden Restaurants, <br> Inc.<br>| 16601 | $3330825 |
| #\* | Dave & Buster's <br> Entertainment, Inc.<br>| 21558 | 413698 |
| #\* | Deckers Outdoor <br> Corp.<br>| 24440 | 2708685 |
|  | Designer Brands, Inc., <br> Class A<br>| 25450 | 71006 |
| \* | Destination XL Group, <br> Inc.<br>| 20561 | 20347 |
|  | Dick's Sporting <br> Goods, Inc.<br>| 18012 | 3381573 |
| # | Dillard's, Inc., Class A | 6484 | 2247743 |
|  | Domino's Pizza, Inc. | 792 | 388373 |
| \* | Dorman Products, <br> Inc.<br>| 17563 | 1989888 |
|  | DR Horton, Inc. | 53858 | 6804420 |
| \* | Dream Finders <br> Homes, Inc., <br> Class A<br>| 5587 | 126601 |
|  | eBay, Inc. | 69521 | 4738551 |
| \* | El Pollo Loco <br> Holdings, Inc.<br>| 25399 | 237481 |
|  | Escalade, Inc. | 11226 | 170411 |
|  | Ethan Allen Interiors, <br> Inc.<br>| 24001 | 682348 |
| \* | Etsy, Inc. | 2977 | 129440 |
| \* | European Wax <br> Center, Inc., <br> Class A<br>| 3511 | 10954 |
|  | Expedia Group, Inc. | 20060 | 3148016 |
| \* | Figs, Inc., Class A | 60481 | 243738 |
| \* | First Watch <br> Restaurant Group, <br> Inc.<br>| 9331 | 164785 |
| \* | Five Below, Inc. | 10014 | 759962 |
|  | Flanigan's <br> Enterprises, Inc.<br>| 1001 | 24525 |
|  | Flexsteel Industries, <br> Inc.<br>| 4222 | 140973 |
| \* | Floor & Decor <br> Holdings, Inc., <br> Class A<br>| 15459 | 1104391 |
| \* | Foot Locker, Inc. | 56497 | 693218 |
|  | Ford Motor Co. | 809416 | 8102254 |
| \* | Fox Factory Holding <br> Corp.<br>| 13049 | 265025 |
| \* | Frontdoor, Inc. | 29634 | 1218254 |
| \* | Full House Resorts, <br> Inc.<br>| 6472 | 20905 |
| \* | Funko, Inc., Class A | 1705 | 6837 |
| \* | GameStop Corp., <br> Class A<br>| 22523 | 627491 |
|  | Gap, Inc. | 146891 | 3216913 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Garmin Ltd. | 19567 | $3656485 |
|  | General Motors Co. | 281807 | 12748949 |
| \* | Genesco, Inc. | 9078 | 176113 |
|  | Gentex Corp. | 117490 | 2558932 |
| \* | Gentherm, Inc. | 28320 | 736603 |
|  | Genuine Parts Co. | 20218 | 2376626 |
| \* | G-III Apparel Group <br> Ltd.<br>| 32982 | 831806 |
| \* | Good Times <br> Restaurants, Inc.<br>| 3814 | 7437 |
| \* | Goodyear Tire & <br> Rubber Co.<br>| 84861 | 923288 |
|  | Graham Holdings Co., <br> Class B<br>| 1842 | 1694732 |
| \* | Grand Canyon <br> Education, Inc.<br>| 9966 | 1777635 |
| \* | Green Brick Partners, <br> Inc.<br>| 22902 | 1350989 |
|  | Group 1 Automotive, <br> Inc.<br>| 8051 | 3249625 |
|  | Guess?, Inc. | 39088 | 439740 |
|  | H&R Block, Inc. | 8683 | 524193 |
|  | Hamilton Beach <br> Brands Holding Co., <br> Class A<br>| 9256 | 183269 |
| \* | Hanesbrands, Inc. | 250528 | 1149924 |
|  | Harley-Davidson, Inc. | 62070 | 1391609 |
|  | Hasbro, Inc. | 19119 | 1183466 |
|  | Haverty Furniture <br> Cos., Inc. (HVT <br> US)<br>| 13505 | 245251 |
|  | Haverty Furniture <br> Cos., Inc. (HVT/A <br> US), Class A<br>| 1796 | 32957 |
| \* | Helen of Troy Ltd. | 14766 | 411381 |
| \* | Hilton Grand <br> Vacations, Inc.<br>| 27434 | 922605 |
|  | Hilton Worldwide <br> Holdings, Inc.<br>| 270 | 60880 |
|  | Home Depot, Inc. | 57279 | 20648507 |
|  | Hooker Furnishings <br> Corp.<br>| 12557 | 120547 |
| \* | Hovnanian <br> Enterprises, Inc., <br> Class A<br>| 2664 | 257875 |
|  | Hyatt Hotels Corp., <br> Class A<br>| 208 | 23437 |
|  | Installed Building <br> Products, Inc.<br>| 13852 | 2297077 |
|  | International Game <br> Technology PLC<br>| 102105 | 1674522 |
| \* | iRobot Corp. | 7838 | 19203 |
|  | J Jill, Inc. | 2926 | 44534 |
|  | Jack in the Box, Inc. | 3149 | 82000 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | JAKKS Pacific, Inc. | 7300 | $140817 |
|  | Johnson Outdoors, <br> Inc., Class A<br>| 7633 | 174261 |
|  | KB Home | 35902 | 1939785 |
| # | Kohl's Corp. | 9716 | 65097 |
|  | Kontoor Brands, Inc. | 21478 | 1291902 |
|  | Krispy Kreme, Inc. | 32822 | 134570 |
|  | Lakeland Industries, <br> Inc.<br>| 6573 | 107337 |
| \* | Lands' End, Inc. | 24598 | 218430 |
| \* | Landsea Homes <br> Corp.<br>| 9347 | 57017 |
| # | Las Vegas Sands <br> Corp.<br>| 94501 | 3465352 |
| \* | Latham Group, Inc. | 7787 | 42556 |
| \* | Laureate Education, <br> Inc.<br>| 99781 | 2002605 |
|  | La-Z-Boy, Inc. | 35595 | 1406002 |
|  | LCI Industries | 19193 | 1479396 |
|  | Lear Corp. | 27336 | 2344062 |
| \* | Legacy Housing <br> Corp.<br>| 1789 | 43517 |
|  | Leggett & Platt, Inc. | 23651 | 227523 |
|  | Lennar Corp. (LEN <br> US), Class A<br>| 28434 | 3088217 |
|  | Lennar Corp. (LENB <br> US), Class B<br>| 23 | 2378 |
|  | Levi Strauss & Co., <br> Class A<br>| 9397 | 150446 |
| \* | LGI Homes, Inc. | 19033 | 1039392 |
| \* | Life Time Group <br> Holdings, Inc.<br>| 47733 | 1463494 |
|  | Lifetime Brands, Inc. | 17347 | 63143 |
| \* | Light & Wonder, Inc. | 18190 | 1553062 |
| \* | Lincoln Educational <br> Services Corp.<br>| 825 | 13943 |
|  | Lithia Motors, Inc. | 6290 | 1841460 |
| \* | Live Ventures, Inc. | 1595 | 18199 |
|  | LKQ Corp. | 48165 | 1840385 |
| \* | Lovesac Co. | 10487 | 203972 |
|  | Lowe's Cos., Inc. | 1851 | 413810 |
| \* | Lululemon Athletica, <br> Inc.<br>| 19984 | 5411068 |
| \* | M/I Homes, Inc. | 18350 | 1957578 |
|  | Macy's, Inc. | 159350 | 1819777 |
| \* | Malibu Boats, Inc., <br> Class A<br>| 14449 | 412663 |
|  | Marine Products <br> Corp.<br>| 15913 | 133669 |
| \* | MarineMax, Inc. | 17752 | 380958 |
|  | Marriott Vacations <br> Worldwide Corp.<br>| 26314 | 1442270 |
| \* | MasterCraft Boat <br> Holdings, Inc.<br>| 10240 | 168346 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | Mattel, Inc. | 51375 | $816349 |
|  | McDonald's Corp. | 9956 | 3182435 |
|  | Meritage Homes <br> Corp.<br>| 36062 | 2457265 |
| \* | MGM Resorts <br> International<br>| 29407 | 925144 |
| #\* | Mobileye Global, Inc., <br> Class A<br>| 22193 | 323574 |
| \* | Modine Manufacturing <br> Co.<br>| 22810 | 1862208 |
| \* | Mohawk Industries, <br> Inc.<br>| 26957 | 2866877 |
|  | Monarch Casino & <br> Resort, Inc.<br>| 5624 | 439741 |
|  | Monro, Inc. | 10989 | 153187 |
| \* | Motorcar Parts of <br> America, Inc.<br>| 7952 | 70852 |
|  | Movado Group, Inc. | 8033 | 111578 |
|  | Murphy USA, Inc. | 3988 | 1988297 |
|  | Nathan's Famous, <br> Inc.<br>| 847 | 82794 |
| #\* | National Vision <br> Holdings, Inc.<br>| 5415 | 66875 |
|  | Newell Brands, Inc. | 28390 | 135704 |
|  | NIKE, Inc., Class B | 95356 | 5378078 |
|  | Nobility Homes, Inc. | 1284 | 37268 |
| \* | Norwegian Cruise <br> Line Holdings Ltd.<br>| 131841 | 2113411 |
| \* | NVR, Inc. | 623 | 4439342 |
| \* | ODP Corp. | 23242 | 317951 |
| \* | Ollie's Bargain Outlet <br> Holdings, Inc.<br>| 1031 | 109399 |
|  | OneSpaWorld <br> Holdings Ltd.<br>| 2252 | 37608 |
| \* | OneWater Marine, <br> Inc., Class A<br>| 6206 | 93152 |
|  | Oxford Industries, Inc. | 12697 | 617074 |
|  | Papa John's <br> International, Inc.<br>| 6445 | 222546 |
|  | Patrick Industries, <br> Inc.<br>| 27726 | 2134347 |
| \* | Penn Entertainment, <br> Inc.<br>| 31008 | 471942 |
|  | Penske Automotive <br> Group, Inc.<br>| 12949 | 2015771 |
|  | Perdoceo Education <br> Corp.<br>| 53163 | 1335455 |
| \* | Petco Health & <br> Wellness Co., Inc.<br>| 25390 | 74901 |
|  | Phinia, Inc. | 28669 | 1151060 |
| \* | Planet Fitness, Inc., <br> Class A<br>| 5527 | 522799 |
|  | Polaris, Inc. | 23367 | 793543 |
| # | Pool Corp. | 5233 | 1534002 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | Potbelly Corp. | 8209 | $66493 |
|  | PulteGroup, Inc. | 45559 | 4673442 |
|  | PVH Corp. | 27118 | 1870600 |
|  | QEP Co., Inc. | 1575 | 60480 |
|  | Ralph Lauren Corp. | 12076 | 2716496 |
| \* | Rave Restaurant <br> Group, Inc.<br>| 572 | 1407 |
|  | RCI Hospitality <br> Holdings, Inc.<br>| 5729 | 227327 |
|  | Red Rock Resorts, <br> Inc., Class A<br>| 17245 | 736361 |
| \* | Revolve Group, Inc. | 859 | 17077 |
| \* | RH | 2990 | 550250 |
| #\* | Rivian Automotive, <br> Inc., Class A<br>| 222538 | 3039869 |
|  | Rocky Brands, Inc. | 6339 | 135591 |
|  | Ross Stores, Inc. | 64361 | 8946179 |
|  | Royal Caribbean <br> Cruises Ltd.<br>| 37330 | 8022590 |
| \* | Sally Beauty Holdings, <br> Inc.<br>| 46468 | 378250 |
|  | Service Corp. <br> International<br>| 45055 | 3599894 |
| \* | SharkNinja, Inc. | 18876 | 1519518 |
|  | Shoe Carnival, Inc. | 25648 | 445762 |
| # | Signet Jewelers Ltd. | 32782 | 1943973 |
| \* | Skechers USA, Inc., <br> Class A<br>| 39428 | 1893333 |
| \* | Sleep Number Corp. | 6590 | 51336 |
|  | Smith & Wesson <br> Brands, Inc.<br>| 38234 | 364370 |
| # | Somnigroup <br> International, Inc.<br>| 23482 | 1433811 |
| # | Sonic Automotive, <br> Inc., Class A<br>| 29694 | 1803020 |
| \* | Sonos, Inc. | 2829 | 26055 |
| \* | Sportsman's <br> Warehouse <br> Holdings, Inc.<br>| 18604 | 31069 |
|  | Standard Motor <br> Products, Inc.<br>| 18509 | 501594 |
|  | Starbucks Corp. | 4200 | 336210 |
|  | Steven Madden Ltd. | 50165 | 1053465 |
| \* | Stitch Fix, Inc., <br> Class A<br>| 17086 | 55871 |
| \* | Stoneridge, Inc. | 16373 | 63200 |
|  | Strategic Education, <br> Inc.<br>| 19876 | 1621484 |
| \* | Strattec Security <br> Corp.<br>| 3345 | 111455 |
| \* | Stride, Inc. | 24816 | 3530076 |
|  | Superior Group of <br> Cos., Inc.<br>| 14299 | 148424 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Tandy Leather <br> Factory, Inc.<br>| 2500 | $6950 |
|  | Tapestry, Inc. | 69999 | 4945429 |
| \* | Taylor Morrison Home <br> Corp.<br>| 65253 | 3742260 |
|  | Texas Roadhouse, <br> Inc.<br>| 15901 | 2638930 |
| # | Thor Industries, Inc. | 26735 | 1936149 |
| \* | Tile Shop Holdings, <br> Inc.<br>| 37689 | 213697 |
| #\* | Tilly's, Inc., Class A | 8798 | 13461 |
|  | TJX Cos., Inc. | 74352 | 9567615 |
|  | Toll Brothers, Inc. | 29995 | 3025596 |
| \* | TopBuild Corp. | 6994 | 2068545 |
| \* | Topgolf Callaway <br> Brands Corp.<br>| 48972 | 323705 |
|  | Tractor Supply Co. | 49900 | 2525938 |
|  | Travel & Leisure Co. | 12857 | 564808 |
| \* | Tri Pointe Homes, <br> Inc.<br>| 79644 | 2449053 |
| \* | Ulta Beauty, Inc. | 4881 | 1931119 |
| \* | Under Armour, Inc. <br> (UA US), Class C<br>| 148769 | 809303 |
| \* | Under Armour, Inc. <br> (UAA US), Class A<br>| 102648 | 587147 |
| \* | Unifi, Inc. | 8259 | 42038 |
| \* | United Parks & <br> Resorts, Inc.<br>| 10545 | 460289 |
| \* | Universal Electronics, <br> Inc.<br>| 3297 | 15990 |
| \* | Universal Technical <br> Institute, Inc.<br>| 35976 | 1009487 |
|  | Upbound Group, Inc. | 32310 | 642969 |
| \* | Urban Outfitters, Inc. | 58061 | 3064460 |
|  | Vail Resorts, Inc. | 5819 | 810005 |
| \* | Valvoline, Inc. | 31325 | 1073194 |
| \* | Vera Bradley, Inc. | 2039 | 3976 |
|  | VF Corp. | 1751 | 20802 |
| \* | Victoria's Secret & <br> Co.<br>| 39652 | 745458 |
| \* | Visteon Corp. | 16990 | 1345438 |
| # | Wendy's Co. | 59202 | 740025 |
|  | Weyco Group, Inc. | 8527 | 254957 |
| # | Whirlpool Corp. | 27258 | 2079240 |
|  | Williams-Sonoma, <br> Inc.<br>| 20514 | 3168798 |
|  | Wingstop, Inc. | 2537 | 669489 |
|  | Winmark Corp. | 680 | 244807 |
|  | Winnebago Industries, <br> Inc.<br>| 23213 | 738638 |
| # | Wyndham Hotels & <br> Resorts, Inc.<br>| 20115 | 1715809 |
|  | Wynn Resorts Ltd. | 5127 | 411749 |
| \*Ω | XPEL, Inc. | 700 | 20048 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | YETI Holdings, Inc. | 14347 | $409607 |
|  | Yum! Brands, Inc. | 4192 | 630644 |
| \* | Zumiez, Inc. | 12387 | 144928 |
| TOTAL CONSUMER <br> DISCRETIONARY | TOTAL CONSUMER <br> DISCRETIONARY |  | 448129674 |
| CONSUMER STAPLES — (6.7%) | CONSUMER STAPLES — (6.7%) | CONSUMER STAPLES — (6.7%) | CONSUMER STAPLES — (6.7%) |
| # | Albertsons Cos., Inc., <br> Class A<br>| 189786 | 4171496 |
|  | Alico, Inc. | 5885 | 167958 |
|  | Andersons, Inc. | 28587 | 1078016 |
|  | Archer-Daniels-Midland <br> Co.<br>| 55201 | 2635848 |
|  | B&G Foods, Inc. | 42598 | 293500 |
| \* | BellRing Brands, Inc. | 8184 | 631314 |
| \* | BJ's Wholesale Club <br> Holdings, Inc.<br>| 19268 | 2265146 |
| \* | Boston Beer Co., Inc. <br> , Class A<br>| 1218 | 299384 |
| \* | Bridgford Foods <br> Corp.<br>| 4114 | 33447 |
|  | Brown-Forman Corp. <br> (BF/A US), Class A<br>| 3283 | 113625 |
|  | Bunge Global SA | 37652 | 2963965 |
|  | Calavo Growers, Inc. | 12531 | 346106 |
|  | Cal-Maine Foods, Inc. | 21706 | 2026689 |
|  | Campbell's Co. | 35835 | 1306544 |
|  | Casey's General <br> Stores, Inc.<br>| 8882 | 4108724 |
| \* | Celsius Holdings, Inc. | 3535 | 123584 |
| \* | Central Garden & Pet <br> Co. (CENT US)<br>| 3303 | 110849 |
| \* | Central Garden & Pet <br> Co. (CENTA US), <br> Class A<br>| 50584 | 1495769 |
| \* | Chefs' Warehouse, <br> Inc.<br>| 28443 | 1620398 |
|  | Church & Dwight Co., <br> Inc.<br>| 3186 | 316497 |
|  | Clorox Co. | 3910 | 556393 |
|  | Coca-Cola Co. | 219842 | 15949537 |
|  | Coca-Cola <br> Consolidated, Inc.<br>| 1846 | 2502825 |
|  | Colgate-Palmolive <br> Co.<br>| 46812 | 4315598 |
|  | Conagra Brands, Inc. | 95438 | 2358273 |
|  | Constellation Brands, <br> Inc., Class A<br>| 33619 | 6304907 |
|  | Costco Wholesale <br> Corp.<br>| 24956 | 24818742 |
| \* | Coty, Inc., Class A | 142903 | 721660 |
| \* | Darling Ingredients, <br> Inc.<br>| 65425 | 2106031 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
|  | Dole PLC | 7367 | $111905 |
|  | Dollar General Corp. | 58168 | 5449760 |
| \* | Dollar Tree, Inc. | 40516 | 3312993 |
|  | Edgewell Personal <br> Care Co.<br>| 26001 | 794331 |
| #\* | elf Beauty, Inc. | 141 | 8724 |
|  | Energizer Holdings, <br> Inc.<br>| 21983 | 594420 |
| # | Estee Lauder Cos., <br> Inc., Class A<br>| 43151 | 2587334 |
| \* | FitLife Brands, Inc. | 424 | 6402 |
|  | Flowers Foods, Inc. | 102083 | 1795640 |
|  | Fresh Del Monte <br> Produce, Inc.<br>| 38784 | 1319044 |
| \* | Fresh Market, Inc. | 6378 | 0 |
|  | General Mills, Inc. | 95040 | 5392570 |
| \* | Grocery Outlet <br> Holding Corp.<br>| 27111 | 455194 |
| \* | Hain Celestial Group, <br> Inc.<br>| 17672 | 53723 |
|  | Hershey Co. | 22709 | 3796718 |
| \* | Honest Co., Inc. | 2770 | 13268 |
|  | Hormel Foods Corp. | 63712 | 1904989 |
|  | Ingles Markets, Inc., <br> Class A<br>| 11945 | 736887 |
|  | Ingredion, Inc. | 19523 | 2593045 |
|  | Interparfums, Inc. | 14838 | 1620310 |
|  | J&J Snack Foods <br> Corp.<br>| 11193 | 1450501 |
|  | J.M. Smucker Co. | 22091 | 2568521 |
|  | John B Sanfilippo & <br> Son, Inc.<br>| 6538 | 433273 |
|  | Kenvue, Inc. | 224135 | 5289586 |
|  | Keurig Dr. Pepper, <br> Inc.<br>| 121099 | 4188814 |
|  | Kimberly-Clark Corp. | 43614 | 5747453 |
|  | Kraft Heinz Co. | 104734 | 3047759 |
|  | Kroger Co. | 155156 | 11203815 |
|  | Lamb Weston <br> Holdings, Inc.<br>| 35448 | 1872009 |
|  | Lancaster Colony <br> Corp.<br>| 7532 | 1226059 |
| # | Lifevantage Corp. | 7128 | 88173 |
| \* | Lifeway Foods, Inc. | 6493 | 153754 |
|  | Limoneira Co. | 10401 | 156327 |
|  | McCormick & Co., Inc. <br> (MKC US)<br>| 18155 | 1391762 |
|  | McCormick & Co., Inc. <br> (MKC/V US)<br>| 2128 | 163196 |
| \* | Medifast, Inc. | 7067 | 92860 |
|  | MGP Ingredients, Inc. | 13742 | 404977 |
| \* | Mission Produce, Inc. | 21116 | 221190 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
|  | Molson Coors <br> Beverage Co., <br> Class B<br>| 43239 | $2487540 |
|  | Mondelez <br> International, Inc., <br> Class A<br>| 66070 | 4501349 |
| \* | Monster Beverage <br> Corp.<br>| 79759 | 4795111 |
|  | National Beverage <br> Corp.<br>| 20130 | 893772 |
| \* | Natural Alternatives <br> International, Inc.<br>| 8015 | 24045 |
|  | Natural Grocers by <br> Vitamin Cottage, <br> Inc.<br>| 12385 | 621232 |
|  | Natural Health Trends <br> Corp.<br>| 1821 | 9032 |
| \* | Nature's Sunshine <br> Products, Inc.<br>| 17012 | 209588 |
|  | Nu Skin Enterprises, <br> Inc., Class A<br>| 3835 | 24276 |
|  | Oil-Dri Corp. of <br> America<br>| 8863 | 373044 |
|  | PepsiCo, Inc. | 111085 | 15060904 |
| \* | Performance Food <br> Group Co.<br>| 48588 | 3919108 |
|  | Philip Morris <br> International, Inc.<br>| 21517 | 3687153 |
|  | Pilgrim's Pride Corp. | 33161 | 1809927 |
| \* | Post Holdings, Inc. | 35391 | 4005200 |
|  | PriceSmart, Inc. | 22023 | 2235114 |
|  | Procter & Gamble <br> Co.<br>| 199332 | 32405403 |
|  | Reynolds Consumer <br> Products, Inc.<br>| 25025 | 575575 |
|  | Seaboard Corp. | 519 | 1342124 |
| \* | Seneca Foods Corp. <br> (SENEA US), <br> Class A<br>| 4703 | 421812 |
| \* | Seneca Foods Corp. <br> (SENEB US), <br> Class B<br>| 1251 | 112603 |
| \* | Simply Good Foods <br> Co.<br>| 65274 | 2357044 |
|  | SpartanNash Co. | 23388 | 464018 |
|  | Spectrum Brands <br> Holdings, Inc.<br>| 19774 | 1247739 |
| \* | Sprouts Farmers <br> Market, Inc.<br>| 14718 | 2516778 |
|  | Sysco Corp. | 101429 | 7242031 |
|  | Target Corp. | 90433 | 8744871 |
|  | Tootsie Roll Industries, <br> Inc.<br>| 4199 | 134368 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
| \* | TreeHouse Foods, <br> Inc.<br>| 29051 | $676598 |
|  | Turning Point Brands, <br> Inc.<br>| 9779 | 600235 |
|  | Tyson Foods, Inc., <br> Class A<br>| 28344 | 1735787 |
| \* | U.S. Foods Holding <br> Corp.<br>| 65151 | 4277815 |
| \* | United Natural Foods, <br> Inc.<br>| 38533 | 1029216 |
|  | United-Guardian, Inc. | 1872 | 14808 |
|  | Universal Corp. | 20505 | 1194826 |
| \* | USANA Health <br> Sciences, Inc.<br>| 14366 | 403541 |
|  | Utz Brands, Inc. | 2444 | 32481 |
|  | Village Super Market, <br> Inc., Class A<br>| 10038 | 369900 |
| \* | Vita Coco Co., Inc. | 14621 | 483224 |
| \* | Vital Farms, Inc. | 17018 | 582696 |
|  | Walgreens Boots <br> Alliance, Inc.<br>| 184990 | 2029340 |
|  | Walmart, Inc. | 190017 | 18479153 |
|  | WD-40 Co. | 64 | 14615 |
|  | Weis Markets, Inc. | 21760 | 1871142 |
| \* | Willamette Valley <br> Vineyards, Inc.<br>| 800 | 4856 |
| # | WK Kellogg Co. | 29130 | 522301 |
| TOTAL CONSUMER <br> STAPLES | TOTAL CONSUMER <br> STAPLES |  | 294533406 |
| ENERGY — (6.1%) | ENERGY — (6.1%) | ENERGY — (6.1%) | ENERGY — (6.1%) |
| \* | Amplify Energy Corp. | 28550 | 74230 |
|  | Antero Midstream <br> Corp.<br>| 230743 | 3818797 |
| \* | Antero Resources <br> Corp.<br>| 83908 | 2922516 |
|  | APA Corp. | 127981 | 1988825 |
|  | Archrock, Inc. | 155766 | 3665174 |
|  | Ardmore Shipping <br> Corp.<br>| 30529 | 291247 |
| # | Atlas Energy <br> Solutions, Inc.<br>| 35077 | 474592 |
|  | Baker Hughes Co. | 178196 | 6308138 |
| \* | Battalion Oil Corp. | 6849 | 8835 |
|  | Berry Corp. | 43300 | 107384 |
| \* | Bristow Group, Inc. | 20789 | 603713 |
|  | Cactus, Inc., Class A | 26100 | 990234 |
|  | California Resources <br> Corp.<br>| 20636 | 712148 |
| #\* | Centrus Energy Corp., <br> Class A<br>| 5673 | 393082 |
|  | ChampionX Corp. | 86393 | 2084663 |
|  | Cheniere Energy, Inc. | 40441 | 9346320 |
|  | Chevron Corp. | 84046 | 11435299 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
|  | Chord Energy Corp. <br> (CHRD US)<br>| 18314 | $1652472 |
| \* | Clean Energy Fuels <br> Corp.<br>| 136359 | 197721 |
| \* | CNX Resources <br> Corp.<br>| 93922 | 2764124 |
| #\* | Comstock Resources, <br> Inc.<br>| 165867 | 3030390 |
|  | ConocoPhillips | 132801 | 11835225 |
|  | Core Laboratories, <br> Inc.<br>| 21368 | 242954 |
|  | Core Natural <br> Resources, Inc.<br>| 48658 | 3513594 |
|  | Coterra Energy, Inc. | 220704 | 5420490 |
|  | Crescent Energy Co., <br> Class A<br>| 60548 | 501337 |
|  | CVR Energy, Inc. | 13538 | 255327 |
|  | Delek U.S. Holdings, <br> Inc.<br>| 31881 | 415091 |
|  | Devon Energy Corp. | 149070 | 4533219 |
|  | DHT Holdings, Inc. | 152263 | 1627691 |
|  | Diamondback Energy, <br> Inc.<br>| 29216 | 3856804 |
| \* | DMC Global, Inc. | 11148 | 72351 |
|  | Dorian LPG Ltd. | 44246 | 947749 |
| \* | Drilling Tools <br> International Corp.<br>| 4582 | 9256 |
| \* | DT Midstream, Inc. | 51541 | 5009785 |
| \* | Encore Energy Corp. | 20454 | 30886 |
|  | Energy Services of <br> America Corp.<br>| 4053 | 34653 |
|  | EOG Resources, Inc. | 58982 | 6507484 |
|  | Epsilon Energy Ltd. | 15216 | 106968 |
|  | EQT Corp. | 307494 | 15202503 |
|  | Evolution Petroleum <br> Corp.<br>| 27352 | 114605 |
| # | Expand Energy Corp. | 40943 | 4253978 |
| \* | Expro Group Holdings <br> NV<br>| 58029 | 479900 |
|  | Exxon Mobil Corp. | 259533 | 27414471 |
| \* | Forum Energy <br> Technologies, Inc.<br>| 6070 | 88926 |
|  | FutureFuel Corp. | 2994 | 12305 |
| \* | Geospace <br> Technologies Corp.<br>| 6068 | 39078 |
|  | Granite Ridge <br> Resources, Inc.<br>| 5098 | 24521 |
| \* | Green Plains, Inc. | 32916 | 117839 |
| \* | Gulf Island <br> Fabrication, Inc.<br>| 10040 | 71786 |
| \* | Gulfport Energy Corp. | 10014 | 1727415 |
| \* | Hallador Energy Co. | 9891 | 139117 |
|  | Halliburton Co. | 200589 | 3975674 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
| \* | Helix Energy Solutions <br> Group, Inc.<br>| 123048 | $749362 |
|  | Helmerich & Payne, <br> Inc.<br>| 56916 | 1075143 |
|  | Hess Corp. | 66773 | 8617056 |
|  | HF Sinclair Corp. | 88585 | 2663751 |
| \* | Innovex International, <br> Inc.<br>| 7862 | 118716 |
|  | International Seaways, <br> Inc.<br>| 37593 | 1276658 |
|  | Kinder Morgan, Inc. | 256274 | 6740006 |
|  | Kodiak Gas Services, <br> Inc.<br>| 22051 | 749955 |
| \* | Kosmos Energy Ltd. | 143345 | 220751 |
|  | Liberty Energy, Inc. | 145739 | 1675999 |
|  | Magnolia Oil & Gas <br> Corp., Class A<br>| 108700 | 2231611 |
| \* | Mammoth Energy <br> Services, Inc.<br>| 13792 | 34894 |
|  | Marathon Petroleum <br> Corp.<br>| 60402 | 8299839 |
|  | Matador Resources <br> Co.<br>| 78797 | 3115633 |
|  | Mexco Energy Corp. | 4035 | 26228 |
| \* | MIND Technology, <br> Inc.<br>| 1623 | 10890 |
|  | Murphy Oil Corp. | 105818 | 2172444 |
| \* | Nabors Industries Ltd. | 1429 | 38354 |
|  | NACCO Industries, <br> Inc., Class A<br>| 4808 | 167799 |
| \* | Natural Gas Services <br> Group, Inc.<br>| 10917 | 196178 |
| \* | NCS Multistage <br> Holdings, Inc.<br>| 1080 | 31871 |
| # | New Fortress Energy, <br> Inc.<br>| 10837 | 58845 |
|  | Noble Corp. PLC | 23799 | 517390 |
| # | Nordic American <br> Tankers Ltd.<br>| 143773 | 368059 |
| # | Northern Oil & Gas, <br> Inc.<br>| 79340 | 1927962 |
|  | NOV, Inc. | 153223 | 1778919 |
| \* | NPK International, <br> Inc.<br>| 88701 | 512692 |
|  | Occidental Petroleum <br> Corp.<br>| 151108 | 5955166 |
| \* | Oceaneering <br> International, Inc.<br>| 70806 | 1256807 |
| \* | Oil States <br> International, Inc.<br>| 45410 | 159389 |
|  | ONEOK, Inc. | 57833 | 4751559 |
|  | Ovintiv, Inc. | 71175 | 2390057 |
| \* | Par Pacific Holdings, <br> Inc.<br>| 43108 | 617307 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
|  | PBF Energy, Inc., <br> Class A<br>| 84167 | $1445989 |
|  | Peabody Energy <br> Corp.<br>| 91632 | 1130739 |
|  | Permian Resources <br> Corp.<br>| 194219 | 2291784 |
|  | Phillips 66 | 38788 | 4036279 |
|  | PHX Minerals, Inc. | 24603 | 94229 |
| \* | PrimeEnergy <br> Resources Corp.<br>| 1038 | 176325 |
| \* | ProPetro Holding <br> Corp.<br>| 68835 | 342798 |
|  | Range Resources <br> Corp.<br>| 69333 | 2352469 |
|  | Ranger Energy <br> Services, Inc., <br> Class A<br>| 11326 | 125605 |
| \* | REX American <br> Resources Corp.<br>| 13534 | 537570 |
|  | Riley Exploration <br> Permian, Inc.<br>| 1159 | 28604 |
| # | RPC, Inc. | 139731 | 660928 |
|  | SandRidge Energy, <br> Inc.<br>| 26205 | 238728 |
|  | Schlumberger NV | 154110 | 5124158 |
|  | Scorpio Tankers, Inc. | 41584 | 1567301 |
| \* | SEACOR Marine <br> Holdings, Inc.<br>| 18638 | 90953 |
| \* | Seadrill Ltd. | 11114 | 228282 |
|  | Select Water <br> Solutions, Inc.<br>| 98967 | 843199 |
|  | SFL Corp. Ltd. | 138455 | 1138100 |
|  | Sitio Royalties Corp., <br> Class A<br>| 21394 | 362842 |
|  | SM Energy Co. | 87588 | 1996131 |
|  | Smart Sand, Inc. | 4963 | 10422 |
| \* | Stabilis Solutions, Inc. | 2037 | 11855 |
| \* | Talos Energy, Inc. | 91135 | 627009 |
|  | Targa Resources <br> Corp.<br>| 37895 | 6476256 |
|  | TechnipFMC PLC | 127463 | 3590633 |
|  | Teekay Corp. Ltd. | 67248 | 484858 |
|  | Teekay Tankers Ltd., <br> Class A<br>| 28031 | 1193280 |
| \* | TETRA Technologies, <br> Inc.<br>| 24685 | 70352 |
| # | Texas Pacific Land <br> Corp.<br>| 687 | 885454 |
| \* | Tidewater, Inc. | 24086 | 871672 |
| #\* | Transocean Ltd. | 398741 | 849318 |
|  | VAALCO Energy, Inc. | 21138 | 69121 |
| #\* | Valaris Ltd. | 22685 | 732952 |
|  | Valero Energy Corp. | 71298 | 8276985 |
|  | Vitesse Energy, Inc. | 19888 | 406710 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
|  | Weatherford <br> International PLC<br>| 17126 | $709016 |
|  | Williams Cos., Inc. | 34864 | 2041984 |
|  | World Kinect Corp. | 43053 | 1080200 |
| TOTAL ENERGY | TOTAL ENERGY |  | 265161266 |
| FINANCIALS — (19.9%) | FINANCIALS — (19.9%) | FINANCIALS — (19.9%) | FINANCIALS — (19.9%) |
|  | 1st Source Corp. | 19833 | 1188988 |
| \* | Acacia Research <br> Corp.<br>| 34675 | 107146 |
|  | Acadian Asset <br> Management, Inc.<br>| 11540 | 310888 |
|  | ACNB Corp. | 7285 | 305314 |
|  | Affiliated Managers <br> Group, Inc.<br>| 12601 | 2087104 |
|  | Affinity Bancshares, <br> Inc.<br>| 810 | 14872 |
|  | Aflac, Inc. | 53007 | 5760801 |
|  | Alerus Financial <br> Corp.<br>| 8324 | 165481 |
|  | Allstate Corp. | 26952 | 5347007 |
|  | Ally Financial, Inc. | 107632 | 3515261 |
|  | Amalgamated <br> Financial Corp.<br>| 23131 | 651369 |
| \* | Ambac Financial <br> Group, Inc.<br>| 30419 | 242744 |
|  | Amerant Bancorp, <br> Inc.<br>| 19289 | 324827 |
|  | American Coastal <br> Insurance Corp.<br>| 10298 | 117706 |
|  | American Express <br> Co.<br>| 48931 | 13035708 |
|  | American Financial <br> Group, Inc.<br>| 20096 | 2545359 |
|  | American International <br> Group, Inc.<br>| 118879 | 9691016 |
|  | Ameriprise Financial, <br> Inc.<br>| 19185 | 9036519 |
|  | Ameris Bancorp | 40856 | 2394162 |
|  | AMERISAFE, Inc. | 13699 | 636867 |
|  | AmeriServ Financial, <br> Inc.<br>| 15921 | 38370 |
|  | Ames National Corp. | 609 | 10572 |
|  | Aon PLC, Class A | 6914 | 2453018 |
|  | Apollo Global <br> Management, Inc.<br>| 3875 | 528860 |
|  | Arch Capital Group <br> Ltd.<br>| 68237 | 6187731 |
|  | Arrow Financial Corp. | 13541 | 332161 |
|  | Arthur J Gallagher & <br> Co.<br>| 1815 | 582052 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Artisan Partners Asset <br> Management, Inc., <br> Class A<br>| 22954 | $848839 |
|  | Associated <br> Banc-Corp.<br>| 120140 | 2650288 |
|  | Associated Capital <br> Group, Inc., <br> Class A<br>| 2402 | 86760 |
|  | Assurant, Inc. | 12154 | 2342562 |
|  | Assured Guaranty <br> Ltd.<br>| 26821 | 2353006 |
|  | Atlantic American <br> Corp.<br>| 5179 | 7769 |
|  | Atlantic Union <br> Bankshares Corp.<br>| 101248 | 2804570 |
| \* | Atlanticus Holdings <br> Corp.<br>| 14638 | 802455 |
|  | Auburn National <br> BanCorp, Inc.<br>| 2722 | 53569 |
| \* | AvidXchange <br> Holdings, Inc.<br>| 10576 | 85983 |
|  | Axis Capital Holdings <br> Ltd.<br>| 45117 | 4345669 |
| \* | Axos Financial, Inc. | 39776 | 2524980 |
|  | BancFirst Corp. | 24428 | 2878107 |
| #\* | Bancorp, Inc. | 40930 | 1977328 |
|  | Bank First Corp. | 245 | 26749 |
|  | Bank of America <br> Corp.<br>| 227596 | 9076528 |
|  | Bank of Hawaii Corp. | 25688 | 1698234 |
|  | Bank of Marin <br> Bancorp<br>| 2474 | 50766 |
|  | Bank of New York <br> Mellon Corp.<br>| 163385 | 13137788 |
|  | Bank of NT Butterfield <br> & Son Ltd.<br>| 32817 | 1318587 |
|  | Bank of the James <br> Financial Group, <br> Inc.<br>| 1690 | 22849 |
|  | Bank OZK | 65090 | 2772834 |
|  | Bank7 Corp. | 4635 | 168714 |
|  | BankFinancial Corp. | 16142 | 198385 |
|  | BankUnited, Inc. | 48295 | 1579729 |
|  | Bankwell Financial <br> Group, Inc.<br>| 4829 | 163751 |
|  | Banner Corp. | 27876 | 1704339 |
|  | Bar Harbor <br> Bankshares<br>| 12263 | 363475 |
|  | BayCom Corp. | 8823 | 229486 |
|  | BCB Bancorp, Inc. | 15111 | 124212 |
| \* | Berkshire Hathaway, <br> Inc., Class B<br>| 59299 | 31621192 |
|  | Berkshire Hills <br> Bancorp, Inc.<br>| 29982 | 744453 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | BGC Group, Inc., <br> Class A<br>| 142970 | $1295308 |
|  | Blackrock, Inc. | 277 | 253250 |
| \* | Block, Inc. | 47999 | 2806502 |
| \* | Blue Foundry <br> Bancorp<br>| 10815 | 101012 |
|  | BOK Financial Corp. | 27664 | 2577455 |
|  | Bread Financial <br> Holdings, Inc.<br>| 33130 | 1572019 |
| \* | Bridgewater <br> Bancshares, Inc.<br>| 7535 | 115964 |
| \* | Brighthouse Financial, <br> Inc.<br>| 47931 | 2790543 |
|  | Brookline Bancorp, <br> Inc.<br>| 57568 | 601010 |
|  | Brown & Brown, Inc. | 29078 | 3216027 |
|  | Burke & Herbert <br> Financial Services <br> Corp.<br>| 4268 | 238624 |
|  | Business First <br> Bancshares, Inc.<br>| 16652 | 383829 |
| \* | BV Financial, Inc. | 1771 | 27185 |
|  | Byline Bancorp, Inc. | 13334 | 340550 |
|  | C&F Financial Corp. | 3616 | 234208 |
|  | Cadence Bank | 78684 | 2302294 |
| \* | California BanCorp | 3170 | 44285 |
|  | California First <br> Leasing Corp.<br>| 1028 | 19172 |
|  | Camden National <br> Corp.<br>| 11793 | 454266 |
| \* | Cantaloupe, Inc. | 1756 | 14048 |
|  | Capital Bancorp, Inc. | 3991 | 126076 |
|  | Capital City Bank <br> Group, Inc.<br>| 13708 | 500890 |
|  | Capital One Financial <br> Corp.<br>| 12574 | 2266589 |
|  | Capitol Federal <br> Financial, Inc.<br>| 34114 | 193426 |
|  | Carlyle Group, Inc. | 4005 | 154753 |
| \* | Carter Bankshares, <br> Inc.<br>| 18144 | 277785 |
|  | Cass Information <br> Systems, Inc.<br>| 5361 | 218407 |
|  | Cathay General <br> Bancorp<br>| 45409 | 1893101 |
|  | CB Financial Services, <br> Inc.<br>| 1467 | 42074 |
|  | Cboe Global Markets, <br> Inc.<br>| 11984 | 2658051 |
| \* | CCUR Holdings, Inc. | 2 | 4170 |
|  | Central Pacific <br> Financial Corp.<br>| 22566 | 579721 |
|  | CF Bankshares, Inc. | 1903 | 43731 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Charles Schwab <br> Corp.<br>| 59213 | $4819938 |
|  | Chemung Financial <br> Corp.<br>| 3839 | 170221 |
|  | Chubb Ltd. | 12649 | 3618626 |
|  | Cincinnati Financial <br> Corp.<br>| 18532 | 2579840 |
|  | Citigroup, Inc. | 62333 | 4262331 |
|  | Citizens & Northern <br> Corp.<br>| 4769 | 91803 |
|  | Citizens Community <br> Bancorp, Inc.<br>| 7225 | 107075 |
|  | Citizens Financial <br> Group, Inc.<br>| 90398 | 3334782 |
|  | Citizens Financial <br> Services, Inc.<br>| 291 | 15839 |
| #\* | Citizens, Inc. | 19162 | 77223 |
|  | City Holding Co. | 10966 | 1270630 |
|  | Civista Bancshares, <br> Inc.<br>| 10002 | 225145 |
|  | CME Group, Inc. | 2559 | 709048 |
|  | CNB Financial Corp. | 13555 | 297532 |
|  | CNO Financial Group, <br> Inc.<br>| 16341 | 619978 |
| \* | Coastal Financial <br> Corp.<br>| 345 | 28342 |
|  | Cohen & Steers, Inc. | 7837 | 598120 |
| \* | Coinbase Global, Inc., <br> Class A<br>| 20553 | 4169998 |
|  | Colony Bankcorp, Inc. | 10942 | 169820 |
|  | Columbia Banking <br> System, Inc.<br>| 64788 | 1452547 |
| \* | Columbia Financial, <br> Inc.<br>| 48769 | 656918 |
|  | Comerica, Inc. | 50076 | 2691585 |
|  | Commerce <br> Bancshares, Inc.<br>| 32036 | 1945867 |
|  | Community Financial <br> System, Inc.<br>| 34056 | 1859117 |
|  | Community Trust <br> Bancorp, Inc.<br>| 15389 | 753445 |
|  | Community West <br> Bancshares<br>| 11275 | 197313 |
|  | ConnectOne Bancorp, <br> Inc.<br>| 24792 | 558564 |
| \* | Consumer Portfolio <br> Services, Inc.<br>| 43119 | 397988 |
|  | Corebridge Financial, <br> Inc.<br>| 170851 | 5062315 |
| \* | Corpay, Inc. | 9017 | 2933861 |
|  | Crawford & Co. <br> (CRD/A US), <br> Class A<br>| 24877 | 276632 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Crawford & Co. <br> (CRD/B US), <br> Class B<br>| 21302 | $227505 |
| \* | Credit Acceptance <br> Corp.<br>| 625 | 304638 |
|  | Cullen/Frost Bankers, <br> Inc.<br>| 15371 | 1790260 |
| \* | Customers Bancorp, <br> Inc.<br>| 25361 | 1268050 |
|  | CVB Financial Corp. | 90203 | 1672364 |
| \* | Dave, Inc. | 1621 | 153703 |
|  | Diamond Hill <br> Investment Group, <br> Inc.<br>| 2374 | 299077 |
|  | DigitalBridge Group, <br> Inc.<br>| 58918 | 494911 |
|  | Dime Community <br> Bancshares, Inc.<br>| 22926 | 588969 |
|  | Discover Financial <br> Services<br>| 45298 | 8274586 |
|  | Donegal Group, Inc. <br> (DGICA US), <br> Class A<br>| 23174 | 448417 |
|  | Donegal Group, Inc. <br> (DGICB US), <br> Class B<br>| 3821 | 63047 |
| \* | Donnelley Financial <br> Solutions, Inc.<br>| 19510 | 940382 |
|  | Eagle Bancorp <br> Montana, Inc.<br>| 5214 | 90724 |
|  | Eagle Bancorp, Inc. | 3563 | 63956 |
|  | East West Bancorp, <br> Inc.<br>| 33127 | 2834015 |
|  | Eastern Bankshares, <br> Inc.<br>| 48731 | 727067 |
| \* | eHealth, Inc. | 4344 | 24153 |
|  | Employers Holdings, <br> Inc.<br>| 19739 | 959118 |
|  | Enact Holdings, Inc. | 10159 | 363591 |
| \* | Encore Capital Group, <br> Inc.<br>| 19166 | 659310 |
| \* | Enova International, <br> Inc.<br>| 24312 | 2231598 |
| \* | Enstar Group Ltd. | 10477 | 3503614 |
|  | Enterprise Bancorp, <br> Inc.<br>| 6961 | 258949 |
|  | Enterprise Financial <br> Services Corp.<br>| 30102 | 1565906 |
|  | Equitable Holdings, <br> Inc.<br>| 66859 | 3306178 |
|  | Equity Bancshares, <br> Inc., Class A<br>| 13160 | 506528 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Esquire Financial <br> Holdings, Inc.<br>| 2267 | $187980 |
|  | ESSA Bancorp, Inc. | 12606 | 233211 |
|  | Essent Group Ltd. | 44723 | 2546080 |
| \* | Euronet Worldwide, <br> Inc.<br>| 18826 | 1865657 |
|  | Evans Bancorp, Inc. | 3849 | 147994 |
|  | Evercore, Inc., <br> Class A<br>| 672 | 137955 |
|  | Everest Group Ltd. | 9246 | 3317742 |
|  | EVERTEC, Inc. | 24381 | 827491 |
| #\* | EZCORP, Inc., <br> Class A<br>| 41658 | 681941 |
|  | F&G Annuities & Life, <br> Inc.<br>| 11495 | 400141 |
|  | FactSet Research <br> Systems, Inc.<br>| 3846 | 1662318 |
|  | Farmers & Merchants <br> Bancorp, Inc.<br>| 2373 | 62101 |
|  | Farmers National <br> Banc Corp.<br>| 18464 | 240771 |
|  | FB Financial Corp. | 36830 | 1567485 |
|  | Federal Agricultural <br> Mortgage Corp. <br> (AGM US), Class C<br>| 8779 | 1539222 |
|  | Federal Agricultural <br> Mortgage Corp. <br> (AGM/A US), <br> Class A<br>| 987 | 128660 |
|  | Federated Hermes, <br> Inc.<br>| 55446 | 2251662 |
|  | Fidelity D&D Bancorp, <br> Inc.<br>| 50 | 2024 |
|  | Fidelity National <br> Financial, Inc.<br>| 59221 | 3793105 |
|  | Fidelity National <br> Information <br> Services, Inc.<br>| 115256 | 9091393 |
|  | Fifth Third Bancorp | 145281 | 5221399 |
|  | Financial Institutions, <br> Inc.<br>| 13233 | 335986 |
|  | Finward Bancorp | 872 | 26736 |
| \* | Finwise Bancorp | 9069 | 137123 |
|  | First American <br> Financial Corp.<br>| 44277 | 2692484 |
|  | First BanCorp | 154661 | 3037542 |
|  | First Bancorp, Inc. | 9500 | 232085 |
|  | First <br> Bancorp/Southern <br> Pines NC<br>| 33445 | 1353185 |
|  | First Bank | 15693 | 225665 |
|  | First Busey Corp. | 63875 | 1327961 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | First Business <br> Financial Services, <br> Inc.<br>| 6435 | $309781 |
|  | First Capital, Inc. | 2597 | 117151 |
|  | First Citizens <br> BancShares, Inc., <br> Class A<br>| 2256 | 4013740 |
|  | First Commonwealth <br> Financial Corp.<br>| 82340 | 1261449 |
|  | First Community <br> Bankshares, Inc.<br>| 14797 | 557551 |
|  | First Community <br> Corp.<br>| 2082 | 48927 |
|  | First Financial <br> Bancorp<br>| 77248 | 1788291 |
|  | First Financial <br> Bankshares, Inc.<br>| 2845 | 95336 |
|  | First Financial Corp. | 9553 | 471918 |
| \* | First Financial <br> Northwest, Inc.<br>| 14131 | 16957 |
|  | First Guaranty <br> Bancshares, Inc.<br>| 425 | 3995 |
|  | First Hawaiian, Inc. | 68232 | 1559784 |
|  | First Horizon Corp. | 148276 | 2680830 |
|  | First Internet Bancorp | 7012 | 149075 |
|  | First Interstate <br> BancSystem, Inc., <br> Class A<br>| 58730 | 1538432 |
|  | First Merchants Corp. | 47463 | 1691581 |
|  | First Mid Bancshares, <br> Inc.<br>| 15551 | 519870 |
|  | First National Corp. | 2096 | 40872 |
|  | First Northwest <br> Bancorp<br>| 4192 | 43178 |
|  | First Savings Financial <br> Group, Inc.<br>| 5052 | 134585 |
| \* | First Seacoast <br> Bancorp, Inc.<br>| 822 | 9067 |
|  | First U.S. Bancshares, <br> Inc.<br>| 1708 | 21350 |
|  | First United Corp. | 5428 | 161592 |
| \* | First Western <br> Financial, Inc.<br>| 5270 | 111144 |
|  | FirstCash Holdings, <br> Inc.<br>| 20975 | 2809811 |
| \* | Fiserv, Inc. | 22803 | 4208750 |
|  | Five Star Bancorp | 4616 | 127771 |
|  | Flushing Financial <br> Corp.<br>| 14362 | 171913 |
| \* | Flywire Corp. | 13773 | 129604 |
|  | FNB Corp. | 190530 | 2494038 |
|  | Franklin Financial <br> Services Corp.<br>| 2057 | 79400 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| # | Franklin Resources, <br> Inc.<br>| 84400 | $1583344 |
|  | FS Bancorp, Inc. | 7078 | 276750 |
|  | Fulton Financial Corp. | 117714 | 1963470 |
| \* | FVCBankcorp, Inc. | 4362 | 49814 |
|  | GCM Grosvenor, Inc., <br> Class A<br>| 1842 | 23099 |
| \* | Genworth Financial, <br> Inc.<br>| 261477 | 1793732 |
|  | German American <br> Bancorp, Inc.<br>| 24009 | 910181 |
|  | Glacier Bancorp, Inc. | 48845 | 1990922 |
|  | Global Payments, Inc. | 23922 | 1825488 |
|  | Globe Life, Inc. | 26083 | 3217077 |
|  | Goldman Sachs <br> Group, Inc.<br>| 19474 | 10662989 |
|  | Goosehead Insurance, <br> Inc., Class A<br>| 5779 | 561777 |
|  | Great Southern <br> Bancorp, Inc.<br>| 9445 | 519475 |
| \* | Green Dot Corp., <br> Class A<br>| 27185 | 227538 |
| \* | Greenlight Capital Re <br> Ltd., Class A<br>| 28179 | 369568 |
|  | Guaranty Bancshares, <br> Inc.<br>| 5967 | 235458 |
|  | Hamilton Lane, Inc., <br> Class A<br>| 180 | 27808 |
|  | Hancock Whitney <br> Corp.<br>| 46414 | 2417705 |
|  | Hanmi Financial <br> Corp.<br>| 23150 | 529441 |
|  | Hanover Bancorp, <br> Inc.<br>| 510 | 11827 |
|  | Hanover Insurance <br> Group, Inc.<br>| 15474 | 2570231 |
|  | HarborOne Bancorp, <br> Inc.<br>| 27173 | 307598 |
|  | Hartford Insurance <br> Group, Inc.<br>| 86000 | 10549620 |
|  | Hawthorn Bancshares, <br> Inc.<br>| 6587 | 194448 |
|  | HBT Financial, Inc. | 2401 | 55643 |
|  | HCI Group, Inc. | 9247 | 1352836 |
|  | Hennessy Advisors, <br> Inc.<br>| 4456 | 48036 |
|  | Heritage Commerce <br> Corp.<br>| 39696 | 358852 |
|  | Heritage Financial <br> Corp.<br>| 27629 | 630494 |
| \* | Heritage Insurance <br> Holdings, Inc.<br>| 25331 | 478756 |
|  | Hilltop Holdings, Inc. | 41907 | 1237514 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| # | Hingham Institution <br> For Savings<br>| 1724 | $430241 |
| \* | Hippo Holdings, Inc. | 906 | 20947 |
|  | Home Bancorp, Inc. | 6452 | 324794 |
|  | Home BancShares, <br> Inc.<br>| 106636 | 2959149 |
|  | Home Federal <br> Bancorp, Inc. of <br> Louisiana<br>| 944 | 12168 |
| \* | HomeStreet, Inc. | 8405 | 95481 |
|  | HomeTrust <br> Bancshares, Inc.<br>| 9675 | 330305 |
|  | Hope Bancorp, Inc. | 81884 | 816383 |
|  | Horace Mann <br> Educators Corp.<br>| 33045 | 1372689 |
|  | Horizon Bancorp, Inc. | 28905 | 424325 |
|  | Houlihan Lokey, Inc. | 8659 | 1403451 |
|  | Huntington <br> Bancshares, Inc.<br>| 161057 | 2340158 |
|  | IF Bancorp, Inc. | 781 | 18596 |
|  | Independent Bank <br> Corp. (IBCP US)<br>| 16334 | 497534 |
|  | Independent Bank <br> Corp. (INDB US)<br>| 27527 | 1626570 |
|  | Intercontinental <br> Exchange, Inc.<br>| 21365 | 3588679 |
|  | International <br> Bancshares Corp.<br>| 58707 | 3583475 |
| \* | International Money <br> Express, Inc.<br>| 23145 | 287461 |
|  | Invesco Ltd. | 180301 | 2511593 |
|  | Investar Holding <br> Corp.<br>| 2788 | 53334 |
|  | Investors Title Co. | 1524 | 352334 |
|  | Jack Henry & <br> Associates, Inc.<br>| 12721 | 2206203 |
|  | Jackson Financial, <br> Inc., Class A<br>| 50900 | 3965619 |
|  | James River Group <br> Holdings Ltd.<br>| 7360 | 35034 |
|  | Janus Henderson <br> Group PLC<br>| 72448 | 2405998 |
|  | Jefferies Financial <br> Group, Inc.<br>| 55414 | 2589496 |
|  | JPMorgan Chase & <br> Co.<br>| 154479 | 37788653 |
|  | Kearny Financial <br> Corp.<br>| 36022 | 225498 |
|  | Kemper Corp. | 52142 | 3082635 |
|  | KeyCorp | 227630 | 3378029 |
| \* | Kingstone Cos., Inc. | 2088 | 35496 |
|  | Kinsale Capital Group, <br> Inc.<br>| 4708 | 2049204 |
|  | KKR & Co., Inc. | 4367 | 499017 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Lake Shore Bancorp, <br> Inc.<br>| 2509 | $36983 |
|  | Lakeland Financial <br> Corp.<br>| 19024 | 1059066 |
|  | Landmark Bancorp, <br> Inc.<br>| 5310 | 149795 |
| # | Lazard, Inc. | 26679 | 1037813 |
|  | LCNB Corp. | 2100 | 31542 |
| \* | LendingClub Corp. | 74890 | 731675 |
| \* | LendingTree, Inc. | 253 | 13052 |
|  | Lincoln National <br> Corp.<br>| 91869 | 2927865 |
|  | Live Oak Bancshares, <br> Inc.<br>| 31284 | 817764 |
|  | Loews Corp. | 45841 | 3980374 |
|  | LPL Financial <br> Holdings, Inc.<br>| 15168 | 4850575 |
|  | M&T Bank Corp. | 19140 | 3249206 |
|  | Magyar Bancorp, Inc. | 2911 | 40114 |
|  | MainStreet <br> Bancshares, Inc.<br>| 828 | 15831 |
| \* | Markel Group, Inc. | 2023 | 3679028 |
|  | MarketAxess <br> Holdings, Inc.<br>| 5754 | 1275029 |
| \* | Marqeta, Inc., <br> Class A<br>| 263167 | 1100034 |
| # | Marsh & McLennan <br> Cos., Inc.<br>| 20881 | 4708039 |
|  | Mastercard, Inc., <br> Class A<br>| 49813 | 27300513 |
|  | Mercantile Bank <br> Corp.<br>| 13206 | 558746 |
|  | Merchants Bancorp | 12406 | 373172 |
|  | Mercury General <br> Corp.<br>| 45725 | 2534079 |
|  | Meridian Corp. | 2646 | 35721 |
|  | MetLife, Inc. | 151750 | 11437397 |
|  | Metrocity Bankshares, <br> Inc.<br>| 4305 | 118689 |
| \* | Metropolitan Bank <br> Holding Corp.<br>| 1437 | 88993 |
|  | MGIC Investment <br> Corp.<br>| 147321 | 3669766 |
|  | Mid Penn Bancorp, <br> Inc.<br>| 13072 | 379742 |
|  | Middlefield Banc <br> Corp.<br>| 5425 | 140670 |
|  | Midland States <br> Bancorp, Inc.<br>| 12319 | 200553 |
|  | MidWestOne Financial <br> Group, Inc.<br>| 9112 | 252767 |
|  | Moody's Corp. | 4309 | 1952494 |
|  | Morgan Stanley | 72903 | 8414464 |
|  | Morningstar, Inc. | 3648 | 1038659 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | Mr. Cooper Group, <br> Inc.<br>| 43168 | $5137424 |
|  | MSCI, Inc. | 2500 | 1362775 |
|  | MVB Financial Corp. | 8542 | 145727 |
|  | Nasdaq, Inc. | 49471 | 3770185 |
|  | National Bank <br> Holdings Corp., <br> Class A<br>| 30752 | 1111992 |
|  | National Bankshares, <br> Inc.<br>| 1092 | 28141 |
|  | Navient Corp. | 135362 | 1675782 |
|  | NBT Bancorp, Inc. | 38165 | 1615906 |
| \* | NCR Atleos Corp. | 41262 | 1152035 |
|  | Nelnet, Inc., Class A | 15332 | 1626572 |
| \* | NerdWallet, Inc., <br> Class A<br>| 5644 | 50570 |
| \* | NI Holdings, Inc. | 14940 | 186750 |
|  | Nicolet Bankshares, <br> Inc.<br>| 12580 | 1469470 |
| #\* | NMI Holdings, Inc. | 74265 | 2686165 |
|  | Northeast Bank | 7135 | 590921 |
|  | Northeast Community <br> Bancorp, Inc.<br>| 3544 | 80661 |
|  | Northern Trust Corp. | 44543 | 4186151 |
|  | Northfield Bancorp, <br> Inc.<br>| 33611 | 354596 |
|  | Northrim BanCorp, <br> Inc.<br>| 4461 | 358174 |
|  | Northwest <br> Bancshares, Inc.<br>| 103064 | 1272840 |
|  | Norwood Financial <br> Corp.<br>| 4061 | 101566 |
|  | Oak Valley Bancorp | 5477 | 143497 |
|  | OceanFirst Financial <br> Corp.<br>| 32639 | 540502 |
|  | OFG Bancorp | 43414 | 1708341 |
|  | Ohio Valley Banc <br> Corp.<br>| 3044 | 109645 |
| \* | Old Market Capital <br> Corp.<br>| 6412 | 36613 |
|  | Old National Bancorp | 137387 | 2828798 |
|  | Old Point Financial <br> Corp.<br>| 2926 | 113646 |
|  | Old Republic <br> International Corp.<br>| 68374 | 2570862 |
|  | Old Second Bancorp, <br> Inc.<br>| 29104 | 459552 |
|  | OneMain Holdings, <br> Inc.<br>| 60730 | 2858561 |
| \* | Onity Group, Inc. | 4084 | 153191 |
|  | OP Bancorp | 9341 | 119938 |
| \* | Open Lending Corp. | 8889 | 11022 |
| \* | Oportun Financial <br> Corp.<br>| 12558 | 64297 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Oppenheimer <br> Holdings, Inc., <br> Class A<br>| 8277 | $488426 |
| \* | OptimumBank <br> Holdings, Inc.<br>| 2148 | 9301 |
|  | Orange County <br> Bancorp, Inc.<br>| 788 | 18699 |
|  | Origin Bancorp, Inc. | 15384 | 492903 |
|  | Orrstown Financial <br> Services, Inc.<br>| 14902 | 446613 |
|  | Pacific Premier <br> Bancorp, Inc.<br>| 50550 | 1028187 |
| \* | Palomar Holdings, <br> Inc.<br>| 15383 | 2230843 |
|  | Park National Corp. | 10440 | 1567044 |
|  | Parke Bancorp, Inc. | 10211 | 192477 |
|  | Pathfinder Bancorp, <br> Inc.<br>| 1554 | 21305 |
|  | Pathward Financial, <br> Inc.<br>| 22764 | 1806779 |
| \* | Payoneer Global, Inc. | 105467 | 741433 |
| \* | PayPal Holdings, Inc. | 56076 | 3692044 |
| \* | Paysafe Ltd. | 29945 | 456062 |
| \* | Paysign, Inc. | 4587 | 11009 |
|  | PCB Bancorp | 6587 | 129171 |
|  | Peapack-Gladstone <br> Financial Corp.<br>| 14755 | 408418 |
|  | Penns Woods <br> Bancorp, Inc.<br>| 5598 | 163630 |
|  | PennyMac Financial <br> Services, Inc.<br>| 27644 | 2693631 |
|  | Peoples Bancorp of <br> North Carolina, Inc.<br>| 3887 | 107359 |
|  | Peoples Bancorp, Inc. | 28749 | 834008 |
|  | Peoples Financial <br> Services Corp.<br>| 3825 | 165317 |
|  | Pinnacle Financial <br> Partners, Inc.<br>| 20830 | 2087999 |
| \* | Pioneer Bancorp, Inc. | 10487 | 117664 |
|  | Plumas Bancorp | 4445 | 195980 |
|  | PNC Financial <br> Services Group, <br> Inc.<br>| 13077 | 2101343 |
| \* | Ponce Financial <br> Group, Inc.<br>| 7460 | 96010 |
|  | Popular, Inc. | 36118 | 3446380 |
| \* | PRA Group, Inc. | 31895 | 583679 |
|  | Preferred Bank | 12640 | 1009430 |
|  | Primerica, Inc. | 10343 | 2710590 |
|  | Primis Financial Corp. | 14364 | 118359 |
|  | Princeton Bancorp, <br> Inc.<br>| 1413 | 43068 |
|  | Principal Financial <br> Group, Inc.<br>| 52797 | 3914898 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | ProAssurance Corp. | 9699 | $225114 |
|  | PROG Holdings, Inc. | 29939 | 789192 |
|  | Progressive Corp. | 32345 | 9112880 |
|  | Prosperity <br> Bancshares, Inc.<br>| 41031 | 2786005 |
| \* | Provident Bancorp, <br> Inc.<br>| 4920 | 54612 |
|  | Provident Financial <br> Holdings, Inc.<br>| 7891 | 118444 |
|  | Provident Financial <br> Services, Inc.<br>| 91086 | 1491078 |
|  | Prudential Financial, <br> Inc.<br>| 69756 | 7164639 |
|  | QCR Holdings, Inc. | 13677 | 888321 |
|  | Radian Group, Inc. | 62481 | 1995643 |
|  | Raymond James <br> Financial, Inc.<br>| 28571 | 3915370 |
|  | RBB Bancorp | 11112 | 173125 |
|  | Red River <br> Bancshares, Inc.<br>| 3292 | 173488 |
|  | Regional Management <br> Corp.<br>| 11883 | 391307 |
|  | Regions Financial <br> Corp.<br>| 224237 | 4576677 |
|  | Reinsurance Group of <br> America, Inc.<br>| 13647 | 2556220 |
| \* | Remitly Global, Inc. | 312 | 6309 |
|  | RenaissanceRe <br> Holdings Ltd.<br>| 15597 | 3773382 |
|  | Renasant Corp. | 65689 | 2106646 |
| #\* | Repay Holdings Corp. | 48566 | 194264 |
|  | Republic Bancorp, <br> Inc., Class A<br>| 14023 | 951461 |
| \* | Rhinebeck Bancorp, <br> Inc.<br>| 2179 | 23751 |
|  | Richmond Mutual <br> BanCorp, Inc.<br>| 8657 | 121458 |
|  | Riverview Bancorp, <br> Inc.<br>| 17378 | 109829 |
|  | RLI Corp. | 24888 | 1841961 |
| \* | Robinhood Markets, <br> Inc., Class A<br>| 1663 | 81670 |
|  | S&P Global, Inc. | 2305 | 1152615 |
|  | S&T Bancorp, Inc. | 30952 | 1127891 |
|  | Safety Insurance <br> Group, Inc.<br>| 12004 | 918306 |
|  | SB Financial Group, <br> Inc.<br>| 4223 | 82095 |
|  | Seacoast Banking <br> Corp. of Florida<br>| 43820 | 1038972 |
| \* | Security National <br> Financial Corp., <br> Class A<br>| 13668 | 139960 |
|  | SEI Investments Co. | 27340 | 2140449 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Selective Insurance <br> Group, Inc.<br>| 26559 | $2316742 |
| \* | Selectquote, Inc. | 21936 | 69537 |
|  | ServisFirst <br> Bancshares, Inc.<br>| 1292 | 92016 |
| #\* | Shift4 Payments, Inc., <br> Class A<br>| 9185 | 751333 |
|  | Shore Bancshares, <br> Inc.<br>| 14775 | 204338 |
|  | Sierra Bancorp | 12077 | 319557 |
|  | Silvercrest Asset <br> Management <br> Group, Inc., <br> Class A<br>| 3536 | 54101 |
|  | Simmons First <br> National Corp., <br> Class A<br>| 97362 | 1816775 |
| \* | SiriusPoint Ltd. | 130946 | 2199893 |
| \* | Skyward Specialty <br> Insurance Group, <br> Inc.<br>| 7990 | 424189 |
|  | SLM Corp. | 105738 | 3056886 |
|  | SmartFinancial, Inc. | 8761 | 266510 |
| #\* | SoFi Technologies, <br> Inc.<br>| 217889 | 2725791 |
|  | Sound Financial <br> Bancorp, Inc.<br>| 1802 | 91488 |
|  | South Plains <br> Financial, Inc.<br>| 7869 | 265264 |
| \* | Southern First <br> Bancshares, Inc.<br>| 4205 | 149320 |
|  | Southern Missouri <br> Bancorp, Inc.<br>| 5092 | 268094 |
|  | Southern States <br> Bancshares, Inc.<br>| 3284 | 109718 |
|  | Southside <br> Bancshares, Inc.<br>| 24519 | 691191 |
|  | SouthState Corp. | 57144 | 4958956 |
|  | State Street Corp. | 33816 | 2979190 |
|  | Stellar Bancorp, Inc. | 41736 | 1041731 |
| \* | Sterling Bancorp, Inc. | 34677 | 167837 |
|  | Stewart Information <br> Services Corp.<br>| 20560 | 1346269 |
|  | Stifel Financial Corp. | 24827 | 2127426 |
| # | Stock Yards Bancorp, <br> Inc.<br>| 25069 | 1824773 |
| \* | StoneX Group, Inc. | 39730 | 3518687 |
|  | Summit State Bank | 4662 | 42144 |
|  | SWK Holdings Corp. | 459 | 6467 |
|  | Synchrony Financial | 91517 | 4754308 |
|  | Synovus Financial <br> Corp.<br>| 76571 | 3317056 |
|  | T. Rowe Price Group, <br> Inc.<br>| 35248 | 3121210 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | Texas Capital <br> Bancshares, Inc.<br>| 37384 | $2547720 |
|  | TFS Financial Corp. | 72251 | 936373 |
| \* | Third Coast <br> Bancshares, Inc.<br>| 1356 | 40409 |
|  | Timberland Bancorp, <br> Inc.<br>| 6842 | 210323 |
|  | Tiptree, Inc. | 40528 | 904180 |
|  | Tompkins Financial <br> Corp.<br>| 11644 | 693982 |
|  | Towne Bank | 58927 | 1941645 |
|  | Tradeweb Markets, <br> Inc., Class A<br>| 343 | 47437 |
|  | Travelers Cos., Inc. | 85570 | 22601604 |
|  | TriCo Bancshares | 26700 | 1030086 |
| \* | Triumph Financial, <br> Inc.<br>| 9182 | 490502 |
|  | Truist Financial Corp. | 117845 | 4518177 |
|  | TrustCo Bank Corp. | 13355 | 406660 |
|  | Trustmark Corp. | 49475 | 1659886 |
|  | U.S. Bancorp | 43316 | 1747367 |
|  | UMB Financial Corp. | 45075 | 4262743 |
|  | Union Bankshares, <br> Inc.<br>| 2000 | 66160 |
|  | United Bancorp, Inc. | 2256 | 28087 |
|  | United Bancshares, <br> Inc.<br>| 1840 | 49625 |
|  | United Bankshares, <br> Inc.<br>| 61684 | 2115144 |
|  | United Community <br> Banks, Inc.<br>| 77169 | 2130636 |
|  | United Fire Group, <br> Inc.<br>| 13386 | 370391 |
|  | United Security <br> Bancshares<br>| 6792 | 60449 |
|  | Unity Bancorp, Inc. | 6942 | 287399 |
|  | Universal Insurance <br> Holdings, Inc.<br>| 26697 | 647135 |
|  | Univest Financial <br> Corp.<br>| 23495 | 694042 |
|  | Unum Group | 49243 | 3824211 |
|  | USCB Financial <br> Holdings, Inc.<br>| 7405 | 125589 |
|  | Valley National <br> Bancorp<br>| 213899 | 1839531 |
|  | Value Line, Inc. | 867 | 35460 |
| \* | Velocity Financial, <br> Inc.<br>| 20216 | 361260 |
|  | Veritex Holdings, Inc. | 19479 | 453471 |
|  | Victory Capital <br> Holdings, Inc., <br> Class A<br>| 24756 | 1418271 |
|  | Virginia National <br> Bankshares Corp.<br>| 3246 | 119388 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Virtu Financial, Inc., <br> Class A<br>| 48932 | $1915688 |
|  | Virtus Investment <br> Partners, Inc.<br>| 6624 | 1017380 |
|  | Visa, Inc., Class A | 98369 | 33986489 |
|  | Voya Financial, Inc. | 76641 | 4537147 |
|  | W.R. Berkley Corp. | 38566 | 2764797 |
|  | WaFd, Inc. | 65812 | 1877616 |
|  | Walker & Dunlop, Inc. | 25475 | 1949857 |
|  | Washington Trust <br> Bancorp, Inc.<br>| 12454 | 343730 |
|  | Waterstone Financial, <br> Inc.<br>| 15709 | 190079 |
|  | Webster Financial <br> Corp.<br>| 36900 | 1745370 |
|  | Wells Fargo & Co. | 209492 | 14876027 |
|  | WesBanco, Inc. | 71007 | 2114588 |
|  | West BanCorp, Inc. | 14349 | 278442 |
|  | Westamerica <br> BanCorp<br>| 24045 | 1164499 |
|  | Western Alliance <br> Bancorp<br>| 23787 | 1658192 |
|  | Western New England <br> Bancorp, Inc.<br>| 18176 | 167764 |
| # | Western Union Co. | 96841 | 959694 |
|  | Westwood Holdings <br> Group, Inc.<br>| 10863 | 181412 |
| \* | WEX, Inc. | 8860 | 1155078 |
|  | White Mountains <br> Insurance Group <br> Ltd.<br>| 1385 | 2447918 |
|  | William Penn <br> Bancorp<br>| 1011 | 12456 |
|  | Willis Towers Watson <br> PLC<br>| 14197 | 4369837 |
|  | Wintrust Financial <br> Corp.<br>| 18864 | 2097111 |
|  | WisdomTree, Inc. | 84447 | 734689 |
| \* | World Acceptance <br> Corp.<br>| 5426 | 700605 |
|  | WSFS Financial <br> Corp.<br>| 47647 | 2456203 |
|  | WVS Financial Corp. | 1537 | 18959 |
|  | Zions Bancorp NA | 55919 | 2514677 |
| TOTAL FINANCIALS | TOTAL FINANCIALS |  | 872446840 |
| HEALTH CARE — (8.9%) | HEALTH CARE — (8.9%) | HEALTH CARE — (8.9%) | HEALTH CARE — (8.9%) |
| \* | 10X Genomics, Inc., <br> Class A<br>| 1663 | 13753 |
|  | Abbott Laboratories | 63378 | 8286673 |
|  | AbbVie, Inc. | 101895 | 19879714 |
| †† | Abiomed, Inc. | 2059 | 32141 |
| \* | AC Immune SA | 15821 | 27370 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Acadia Healthcare <br> Co., Inc.<br>| 43122 | $1009055 |
| \* | ACADIA <br> Pharmaceuticals, <br> Inc.<br>| 49771 | 726657 |
| \* | Acrivon Therapeutics, <br> Inc.<br>| 1743 | 2440 |
| \* | AdaptHealth Corp. | 51705 | 440010 |
| \* | Addus HomeCare <br> Corp.<br>| 7005 | 732373 |
| \* | ADMA Biologics, Inc. | 53932 | 1283582 |
| #†† | Aduro Biotech, Inc. | 740 | 281 |
|  | Agilent Technologies, <br> Inc.<br>| 29269 | 3149344 |
| \* | Agios <br> Pharmaceuticals, <br> Inc.<br>| 6233 | 185058 |
| †† | Albireo Pharma, Inc. | 7009 | 40722 |
| \* | Align Technology, Inc. | 7904 | 1369763 |
| \* | Alkermes PLC | 48887 | 1406479 |
| \* | Alnylam <br> Pharmaceuticals, <br> Inc.<br>| 735 | 193481 |
| \* | Amedisys, Inc. | 6940 | 658606 |
| \* | American Shared <br> Hospital Services<br>| 3867 | 10441 |
|  | Amgen, Inc. | 34364 | 9997175 |
| \* | AMN Healthcare <br> Services, Inc.<br>| 31526 | 644076 |
| \* | Amneal <br> Pharmaceuticals, <br> Inc.<br>| 60784 | 465605 |
| \* | AngioDynamics, Inc. | 9539 | 88617 |
| \* | ANI Pharmaceuticals, <br> Inc.<br>| 9624 | 681572 |
| \* | Anika Therapeutics, <br> Inc.<br>| 11894 | 172820 |
| \* | Arcturus Therapeutics <br> Holdings, Inc.<br>| 15137 | 193905 |
| \* | Arcus Biosciences, <br> Inc.<br>| 22803 | 199526 |
| \* | Artivion, Inc. | 476 | 11276 |
| \* | Arvinas, Inc. | 10288 | 98971 |
| \* | Atea Pharmaceuticals, <br> Inc.<br>| 5068 | 14951 |
| \* | AtriCure, Inc. | 1782 | 53300 |
| \* | Aura Biosciences, <br> Inc.<br>| 2107 | 12284 |
| \* | Avanos Medical, Inc. | 20471 | 256911 |
| \* | Avantor, Inc. | 108737 | 1412494 |
| \* | Azenta, Inc. | 23169 | 610271 |
|  | Baxter International, <br> Inc.<br>| 74239 | 2314030 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| #\* | Beam Therapeutics, <br> Inc.<br>| 21171 | $421938 |
|  | Becton Dickinson & <br> Co.<br>| 9587 | 1985372 |
| \* | Biogen, Inc. | 10261 | 1242402 |
| \* | BioLife Solutions, Inc. | 2374 | 57237 |
| \* | BioMarin <br> Pharmaceutical, <br> Inc.<br>| 9877 | 629066 |
| \* | Bio-Rad Laboratories, <br> Inc., Class A<br>| 5035 | 1228943 |
| \* | Biote Corp., Class A | 4276 | 14239 |
| \* | Boston Scientific <br> Corp.<br>| 11624 | 1195761 |
|  | Bristol-Myers Squibb <br> Co.<br>| 280644 | 14088329 |
| \* | Brookdale Senior <br> Living, Inc.<br>| 150568 | 987726 |
|  | Bruker Corp. | 22783 | 912687 |
|  | Cardinal Health, Inc. | 3668 | 518252 |
| \* | CareDx, Inc. | 1172 | 19783 |
| \* | Castle Biosciences, <br> Inc.<br>| 12898 | 258605 |
| \* | Catalyst <br> Pharmaceuticals, <br> Inc.<br>| 62359 | 1514700 |
| \* | Celcuity, Inc. | 430 | 4790 |
|  | Cencora, Inc. | 26708 | 7816630 |
| \* | Centene Corp. | 42525 | 2545121 |
| \* | Certara, Inc. | 110724 | 1534635 |
| \* | Charles River <br> Laboratories <br> International, Inc.<br>| 21999 | 2609521 |
|  | Chemed Corp. | 3152 | 1832920 |
| †† | Chinook Therapeutics, <br> Inc.<br>| 45796 | 91592 |
|  | Cigna Group | 16987 | 5776259 |
| \* | Codexis, Inc. | 3421 | 7868 |
| \* | Collegium <br> Pharmaceutical, <br> Inc.<br>| 31260 | 843864 |
| \* | Community Health <br> Systems, Inc.<br>| 8154 | 22260 |
|  | Concentra Group <br> Holdings Parent, <br> Inc.<br>| 62939 | 1368923 |
|  | CONMED Corp. | 15145 | 743771 |
| \* | Cooper Cos., Inc. | 38104 | 3111954 |
| \* | Corcept Therapeutics, <br> Inc.<br>| 1070 | 76912 |
| \* | CorVel Corp. | 78 | 8483 |
| #\* | CRISPR Therapeutics <br> AG<br>| 42073 | 1626963 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Cross Country <br> Healthcare, Inc.<br>| 19466 | $263764 |
| \* | Cullinan Therapeutics, <br> Inc.<br>| 16673 | 138052 |
|  | CVS Health Corp. | 82604 | 5510513 |
| \* | Cytek Biosciences, <br> Inc.<br>| 73418 | 272381 |
| \* | DaVita, Inc. | 13526 | 1914605 |
| \* | Day One <br> Biopharmaceuticals, <br> Inc.<br>| 22934 | 178427 |
| \* | Definitive Healthcare <br> Corp.<br>| 35740 | 97213 |
| \* | Denali Therapeutics, <br> Inc.<br>| 31290 | 520978 |
|  | Dentsply Sirona, Inc. | 50594 | 703257 |
| \* | Dynavax Technologies <br> Corp.<br>| 64735 | 760636 |
| \* | Edgewise <br> Therapeutics, Inc.<br>| 2050 | 33620 |
| \* | Edwards Lifesciences <br> Corp.<br>| 57971 | 4376231 |
| \* | Elanco Animal Health, <br> Inc.<br>| 204751 | 1941039 |
| \* | Electromed, Inc. | 2174 | 50067 |
|  | Elevance Health, Inc. | 10915 | 4590631 |
|  | Eli Lilly & Co. | 48055 | 43199042 |
| \* | Emergent <br> BioSolutions, Inc.<br>| 19237 | 102726 |
| \* | Enanta <br> Pharmaceuticals, <br> Inc.<br>| 1448 | 8818 |
|  | Encompass Health <br> Corp.<br>| 24098 | 2819225 |
| \* | Enhabit, Inc. | 26573 | 212318 |
| \* | Enovis Corp. | 33267 | 1150706 |
|  | Ensign Group, Inc. | 15475 | 1996120 |
| \* | Envista Holdings <br> Corp.<br>| 47414 | 762417 |
| \* | Evolent Health, Inc., <br> Class A<br>| 35623 | 351243 |
| \* | Exelixis, Inc. | 77009 | 3014902 |
| \* | Fate Therapeutics, <br> Inc.<br>| 888 | 1137 |
| \* | FONAR Corp. | 2752 | 34538 |
| \* | Fortrea Holdings, Inc. | 22412 | 139627 |
| \* | Fulcrum Therapeutics, <br> Inc.<br>| 41743 | 160711 |
| \* | Fulgent Genetics, Inc. | 18623 | 323109 |
| \* | GE HealthCare <br> Technologies, Inc.<br>| 84301 | 5928889 |
|  | Gilead Sciences, Inc. | 120414 | 12828908 |
| \* | Globus Medical, Inc., <br> Class A<br>| 15071 | 1081646 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Haemonetics Corp. | 22473 | $1416248 |
| \* | Halozyme <br> Therapeutics, Inc.<br>| 21381 | 1313221 |
| \* | Harmony Biosciences <br> Holdings, Inc.<br>| 21300 | 627711 |
| \* | Harvard Bioscience, <br> Inc.<br>| 34163 | 12172 |
| \* | Health Catalyst, Inc. | 8246 | 32572 |
| \* | HealthEquity, Inc. | 1848 | 158411 |
|  | HealthStream, Inc. | 11265 | 378842 |
| \* | Henry Schein, Inc. | 16134 | 1048226 |
| \* | Hologic, Inc. | 18579 | 1081298 |
|  | Humana, Inc. | 18963 | 4972857 |
| \* | ICON PLC | 17138 | 2595379 |
| \* | ICU Medical, Inc. | 5340 | 729391 |
| \* | Ideaya Biosciences, <br> Inc.<br>| 955 | 19224 |
| \* | IDEXX Laboratories, <br> Inc.<br>| 1681 | 727285 |
| \* | ImmuCell Corp. | 2993 | 16222 |
| \* | Incyte Corp. | 17876 | 1120110 |
| \* | InfuSystem Holdings, <br> Inc.<br>| 10768 | 50825 |
| \* | Innoviva, Inc. | 63598 | 1188647 |
| #\* | Inogen, Inc. | 10041 | 71592 |
| \* | Inovio <br> Pharmaceuticals, <br> Inc.<br>| 863 | 1674 |
| \* | Integer Holdings <br> Corp.<br>| 6957 | 878739 |
| \* | Integra LifeSciences <br> Holdings Corp.<br>| 16836 | 275942 |
| #\* | Intellia Therapeutics, <br> Inc.<br>| 45251 | 401376 |
| #\* | Iovance <br> Biotherapeutics, <br> Inc.<br>| 21389 | 76787 |
| \* | IQVIA Holdings, Inc. | 32497 | 5039310 |
|  | iRadimed Corp. | 285 | 14937 |
| \* | iTeos Therapeutics, <br> Inc.<br>| 13135 | 95229 |
| \* | Jazz Pharmaceuticals <br> PLC<br>| 28666 | 3352775 |
|  | Johnson & Johnson | 241927 | 37815609 |
| \* | Kewaunee Scientific <br> Corp.<br>| 2037 | 64512 |
| †† | Kinnate Biopharma, <br> Inc.<br>| 9473 | 663 |
| \* | Krystal Biotech, Inc. | 621 | 105495 |
| \* | Kymera Therapeutics, <br> Inc.<br>| 1424 | 48800 |
|  | Labcorp Holdings, <br> Inc.<br>| 7518 | 1811913 |
| \* | Lantern Pharma, Inc. | 1402 | 4935 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Lantheus Holdings, <br> Inc.<br>| 31132 | $3248313 |
| \* | LENSAR, Inc. | 10960 | 153988 |
| \* | LENZ Therapeutics, <br> Inc.<br>| 626 | 17850 |
| \* | LifeStance Health <br> Group, Inc.<br>| 89993 | 591254 |
| \* | Ligand <br> Pharmaceuticals, <br> Inc.<br>| 7478 | 821533 |
| \* | Lisata Therapeutics, <br> Inc.<br>| 3732 | 8845 |
| \* | LivaNova PLC | 32159 | 1189883 |
| \* | MannKind Corp. | 2327 | 11728 |
| \* | Masimo Corp. | 380 | 61165 |
| \* | MaxCyte, Inc. | 11304 | 32103 |
|  | McKesson Corp. | 488 | 347842 |
| \* | Medpace Holdings, <br> Inc.<br>| 6561 | 2023347 |
|  | Medtronic PLC | 57439 | 4868530 |
|  | Merck & Co., Inc. | 151696 | 12924499 |
| \*†† | Merrimack <br> Pharmaceuticals, <br> Inc.<br>| 9794 | 0 |
|  | Mesa Laboratories, <br> Inc.<br>| 2200 | 253550 |
| \* | Mettler-Toledo <br> International, Inc.<br>| 336 | 359712 |
| \* | MiMedx Group, Inc. | 44871 | 308712 |
| #\* | Moderna, Inc. | 58328 | 1664681 |
| \* | ModivCare, Inc. | 2985 | 3552 |
| \* | Molina Healthcare, <br> Inc.<br>| 5256 | 1718765 |
| \* | Monte Rosa <br> Therapeutics, Inc.<br>| 5011 | 24604 |
| \* | Myriad Genetics, Inc. | 19154 | 141931 |
|  | National HealthCare <br> Corp.<br>| 12491 | 1180275 |
|  | National Research <br> Corp.<br>| 16415 | 186474 |
| \* | Neogen Corp. | 28105 | 141930 |
| \* | NeoGenomics, Inc. | 80506 | 514836 |
| \* | Neurocrine <br> Biosciences, Inc.<br>| 9440 | 1016594 |
| \* | Nuvation Bio, Inc. | 29013 | 65279 |
| \* | Olema <br> Pharmaceuticals, <br> Inc.<br>| 639 | 3297 |
| \* | OmniAb, Inc. <br> (2200963D US)<br>| 6492 | 0 |
| \* | OmniAb, Inc. <br> (2200964D US)<br>| 6492 | 0 |
| \* | OmniAb, Inc. (OABI <br> UQ)<br>| 33563 | 57057 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Omnicell, Inc. | 16584 | $518416 |
| \* | OptimizeRx Corp. | 4243 | 38696 |
| \* | Option Care Health, <br> Inc.<br>| 63292 | 2044965 |
| \* | OraSure <br> Technologies, Inc.<br>| 13192 | 39444 |
| \* | Organogenesis <br> Holdings, Inc.<br>| 35215 | 172906 |
|  | Organon & Co. | 109438 | 1415033 |
| \* | OrthoPediatrics Corp. | 8457 | 176075 |
| \* | Owens & Minor, Inc. | 31189 | 220194 |
| \* | Pacira BioSciences, <br> Inc.<br>| 10637 | 286135 |
| #\*†† | PDL BioPharma, Inc. | 418608 | 217676 |
| \* | Pediatrix Medical <br> Group, Inc.<br>| 34392 | 442969 |
| \* | Performant <br> Healthcare, Inc.<br>| 1901 | 4486 |
|  | Perrigo Co. PLC | 80438 | 2068865 |
| \* | Personalis, Inc. | 32138 | 121482 |
|  | Pfizer, Inc. | 316824 | 7733674 |
|  | Phibro Animal Health <br> Corp., Class A<br>| 9829 | 182918 |
|  | Premier, Inc., Class A | 43429 | 883780 |
| \* | Prestige Consumer <br> Healthcare, Inc.<br>| 11864 | 963713 |
| \* | Pro-Dex, Inc. | 810 | 53201 |
| \* | Prothena Corp. PLC | 34776 | 319939 |
| \* | Quanterix Corp. | 4693 | 27032 |
|  | Quest Diagnostics, <br> Inc.<br>| 32879 | 5859695 |
| \* | QuidelOrtho Corp. | 21678 | 602432 |
|  | Regeneron <br> Pharmaceuticals, <br> Inc.<br>| 377 | 225733 |
| \* | REGENXBIO, Inc. | 21536 | 206961 |
| \* | Relay Therapeutics, <br> Inc.<br>| 9155 | 30486 |
|  | ResMed, Inc. | 16856 | 3987961 |
| \* | Revolution Medicines, <br> Inc.<br>| 736 | 29720 |
|  | Revvity, Inc. | 25875 | 2417501 |
| #\* | Roivant Sciences Ltd. | 122526 | 1423752 |
|  | Royalty Pharma PLC, <br> Class A<br>| 26746 | 877804 |
| \* | Sage Therapeutics, <br> Inc.<br>| 4149 | 30246 |
|  | Select Medical <br> Holdings Corp.<br>| 77995 | 1422629 |
| #\* | Semler Scientific, Inc. | 3103 | 100320 |
| #\* | SI-BONE, Inc. | 12705 | 173423 |
|  | SIGA Technologies, <br> Inc.<br>| 64399 | 355482 |
|  | Simulations Plus, Inc. | 467 | 16041 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Solid Biosciences, <br> Inc.<br>| 1737 | $5749 |
| \* | Sotera Health Co. | 102963 | 1184074 |
|  | STERIS PLC | 3767 | 846596 |
|  | Stryker Corp. | 220 | 82262 |
| \* | Supernus <br> Pharmaceuticals, <br> Inc.<br>| 36060 | 1171229 |
| \* | Surgery Partners, Inc. | 32228 | 707405 |
| \* | Surmodics, Inc. | 2825 | 79128 |
| \* | Tactile Systems <br> Technology, Inc.<br>| 19413 | 274112 |
| \* | Teladoc Health, Inc. | 73036 | 525129 |
|  | Teleflex, Inc. | 9220 | 1263601 |
| \* | Tenet Healthcare <br> Corp.<br>| 22761 | 3253685 |
| \* | Terns <br> Pharmaceuticals, <br> Inc.<br>| 752 | 2482 |
| \* | Theravance <br> Biopharma, Inc.<br>| 841 | 8217 |
|  | Thermo Fisher <br> Scientific, Inc.<br>| 5693 | 2442297 |
| \* | TruBridge, Inc. | 7905 | 205767 |
| \* | Twist Bioscience <br> Corp.<br>| 1343 | 51464 |
|  | U.S. Physical <br> Therapy, Inc.<br>| 616 | 43804 |
| \* | UFP Technologies, <br> Inc.<br>| 2706 | 564309 |
| \* | United Therapeutics <br> Corp.<br>| 13376 | 4054132 |
|  | UnitedHealth Group, <br> Inc.<br>| 39142 | 16104584 |
|  | Universal Health <br> Services, Inc., <br> Class B<br>| 17592 | 3115015 |
|  | Utah Medical <br> Products, Inc.<br>| 2964 | 153387 |
| \* | Vanda <br> Pharmaceuticals, <br> Inc.<br>| 19131 | 86281 |
| \* | Varex Imaging Corp. | 22895 | 190486 |
| \* | Veracyte, Inc. | 21516 | 656238 |
|  | Viatris, Inc. | 261285 | 2200020 |
| \* | Vir Biotechnology, <br> Inc.<br>| 8153 | 49896 |
| \* | Voyager Therapeutics, <br> Inc.<br>| 19187 | 68306 |
| \* | Waters Corp. | 3038 | 1056404 |
|  | West Pharmaceutical <br> Services, Inc.<br>| 6390 | 1350143 |
| \* | XBiotech, Inc. | 1910 | 5806 |
| \* | Xencor, Inc. | 4196 | 46240 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Xenon <br> Pharmaceuticals, <br> Inc.<br>| 1100 | $42020 |
| \* | XOMA Royalty Corp. | 579 | 13919 |
| \* | Zentalis <br> Pharmaceuticals, <br> Inc.<br>| 6821 | 9686 |
|  | Zimmer Biomet <br> Holdings, Inc.<br>| 22580 | 2326869 |
| \* | Zimvie, Inc. | 8336 | 75524 |
|  | Zoetis, Inc. | 18287 | 2860087 |
| \* | Zymeworks, Inc. | 13536 | 176103 |
| TOTAL HEALTH CARE | TOTAL HEALTH CARE |  | 391776028 |
| INDUSTRIALS — (13.9%) | INDUSTRIALS — (13.9%) | INDUSTRIALS — (13.9%) | INDUSTRIALS — (13.9%) |
| \* | 3D Systems Corp. | 57322 | 105472 |
|  | 3M Co. | 44651 | 6202470 |
|  | A.O. Smith Corp. | 28154 | 1910530 |
|  | AAON, Inc. | 9546 | 871263 |
| \* | AAR Corp. | 28518 | 1524572 |
|  | ABM Industries, Inc. | 50796 | 2475797 |
|  | ACCO Brands Corp. | 55779 | 215307 |
|  | Acme United Corp. | 1921 | 73997 |
|  | Acuity, Inc. | 8323 | 2027566 |
|  | Advanced Drainage <br> Systems, Inc.<br>| 19953 | 2264466 |
|  | AECOM | 21905 | 2160928 |
| \* | AerSale Corp. | 5481 | 38203 |
|  | AGCO Corp. | 40256 | 3414916 |
| \* | Air Industries Group | 317 | 1122 |
|  | Air Lease Corp. | 73844 | 3452945 |
|  | Alamo Group, Inc. | 10936 | 1826093 |
| #\* | Alaska Air Group, Inc. | 58650 | 2596435 |
|  | Albany International <br> Corp., Class A<br>| 23641 | 1554632 |
|  | Alight, Inc., Class A | 127971 | 653932 |
|  | Allegiant Travel Co. | 12056 | 565788 |
|  | Allegion PLC | 10433 | 1452274 |
|  | Allient, Inc. | 14359 | 306565 |
|  | Allison Transmission <br> Holdings, Inc.<br>| 26602 | 2453768 |
| \* | Alpha Pro Tech Ltd. | 2600 | 11388 |
|  | Alta Equipment <br> Group, Inc.<br>| 5164 | 21947 |
| \* | Amentum Holdings, <br> Inc.<br>| 5561 | 121341 |
| \* | Ameresco, Inc., <br> Class A<br>| 25326 | 269215 |
| \* | American Airlines <br> Group, Inc.<br>| 29844 | 296948 |
| \* | American Woodmark <br> Corp.<br>| 14208 | 838272 |
|  | AMETEK, Inc. | 23457 | 3977838 |
| \* | API Group Corp. | 1727 | 65332 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Apogee Enterprises, <br> Inc.<br>| 18738 | $743336 |
|  | Applied Industrial <br> Technologies, Inc.<br>| 8265 | 2010709 |
|  | ArcBest Corp. | 22906 | 1340459 |
|  | Arcosa, Inc. | 25397 | 2033538 |
|  | Argan, Inc. | 906 | 138736 |
|  | Armstrong World <br> Industries, Inc.<br>| 17681 | 2564099 |
|  | Astec Industries, Inc. | 11264 | 408095 |
| \* | Astronics Corp. <br> (ATRO US)<br>| 18483 | 419379 |
| \* | Astronics Corp. <br> (ATROB US), <br> Class B<br>| 13063 | 297183 |
| \* | Asure Software, Inc. | 13809 | 140299 |
|  | Atkore, Inc. | 28397 | 1813716 |
|  | Atmus Filtration <br> Technologies, Inc.<br>| 2673 | 92673 |
| # | Automatic Data <br> Processing, Inc.<br>| 37465 | 11261979 |
| \* | Avis Budget Group, <br> Inc.<br>| 3513 | 325409 |
| \* | AZEK Co., Inc. | 69366 | 3437779 |
|  | AZZ, Inc. | 20606 | 1787777 |
|  | Barrett Business <br> Services, Inc.<br>| 17920 | 726835 |
| #\* | Blue Bird Corp. | 17257 | 601752 |
| \* | BlueLinx Holdings, <br> Inc.<br>| 7685 | 500601 |
| \* | Boeing Co. | 2183 | 400013 |
|  | Boise Cascade Co. | 24939 | 2326310 |
|  | Booz Allen Hamilton <br> Holding Corp.<br>| 29471 | 3537109 |
| #\* | Bowman Consulting <br> Group Ltd.<br>| 1736 | 38400 |
|  | Brady Corp., Class A | 25407 | 1785858 |
| \* | BrightView Holdings, <br> Inc.<br>| 28403 | 389689 |
|  | Brink's Co. | 18815 | 1679051 |
|  | Broadridge Financial <br> Solutions, Inc.<br>| 13941 | 3379298 |
| \* | Builders FirstSource, <br> Inc.<br>| 30594 | 3659960 |
|  | BWX Technologies, <br> Inc.<br>| 3724 | 406363 |
| \* | CACI International, <br> Inc., Class A<br>| 5365 | 2456473 |
| \* | Cadeler AS (CDLR <br> US), ADR<br>| 16294 | 340056 |
|  | Cadre Holdings, Inc. | 5326 | 155253 |
|  | Carlisle Cos., Inc. | 10105 | 3834645 |
|  | Carrier Global Corp. | 275 | 17199 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| \* | Casella Waste <br> Systems, Inc., <br> Class A<br>| 1050 | $123323 |
|  | Caterpillar, Inc. | 38653 | 11954213 |
| \* | CBIZ, Inc. | 16177 | 1101654 |
| \* | CECO Environmental <br> Corp.<br>| 500 | 11895 |
|  | CH Robinson <br> Worldwide, Inc.<br>| 13017 | 1161377 |
| \* | Chart Industries, Inc. | 19392 | 2617532 |
|  | Chicago Rivet & <br> Machine Co.<br>| 855 | 11329 |
| \* | Cimpress PLC | 6783 | 285022 |
|  | Cintas Corp. | 17224 | 3645976 |
|  | Civeo Corp. | 2250 | 42728 |
| \* | Clarivate PLC | 255672 | 1101946 |
| \* | Clean Harbors, Inc. | 12887 | 2757045 |
|  | CNH Industrial NV | 381991 | 4419636 |
|  | Columbus McKinnon <br> Corp.<br>| 23209 | 344654 |
|  | Comfort Systems <br> USA, Inc.<br>| 3497 | 1390232 |
| \* | Commercial Vehicle <br> Group, Inc.<br>| 30006 | 28815 |
|  | CompX International, <br> Inc.<br>| 3722 | 101238 |
| # | Concentrix Corp. | 40401 | 2062875 |
|  | Concrete Pumping <br> Holdings, Inc.<br>| 22380 | 134280 |
| \* | Conduent, Inc. | 151883 | 320473 |
| \* | Construction Partners, <br> Inc., Class A<br>| 16037 | 1317279 |
|  | Copa Holdings SA, <br> Class A<br>| 14555 | 1335567 |
| \* | Copart, Inc. | 20261 | 1236529 |
| \* | Core & Main, Inc., <br> Class A<br>| 16123 | 849360 |
| #†† | Costa <br> Communications, <br> Inc.<br>| 2485 | 373 |
|  | Costamare, Inc. | 93741 | 874604 |
|  | Covenant Logistics <br> Group, Inc.<br>| 20442 | 406796 |
| # | CRA International, <br> Inc.<br>| 4897 | 794293 |
|  | Crane Co. | 12265 | 1974420 |
|  | CSG Systems <br> International, Inc.<br>| 27518 | 1654657 |
|  | CSW Industrials, Inc. | 655 | 204674 |
|  | CSX Corp. | 119497 | 3354281 |
|  | Cummins, Inc. | 16751 | 4922114 |
|  | Curtiss-Wright Corp. | 8110 | 2797058 |
| \* | Custom Truck One <br> Source, Inc.<br>| 17338 | 69872 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Deere & Co. | 20003 | $9272591 |
|  | Delta Air Lines, Inc. | 203874 | 8487275 |
|  | Deluxe Corp. | 33492 | 488983 |
| \* | Distribution Solutions <br> Group, Inc.<br>| 18675 | 486297 |
| \* | DLH Holdings Corp. | 4597 | 18112 |
| \* | DNOW, Inc. | 59597 | 945804 |
|  | Donaldson Co., Inc. | 28599 | 1879812 |
|  | Douglas Dynamics, <br> Inc.<br>| 22967 | 550749 |
|  | Dover Corp. | 13955 | 2381421 |
| \* | Driven Brands <br> Holdings, Inc.<br>| 1237 | 20435 |
| \* | Ducommun, Inc. | 11956 | 685318 |
|  | Dun & Bradstreet <br> Holdings, Inc.<br>| 257048 | 2305721 |
| \* | DXP Enterprises, Inc. | 11286 | 998360 |
| \* | Dycom Industries, <br> Inc.<br>| 16646 | 2789037 |
|  | Eastern Co. | 5309 | 111436 |
|  | Eaton Corp. PLC | 1899 | 559009 |
|  | EMCOR Group, Inc. | 7265 | 2911085 |
|  | Emerson Electric Co. | 4056 | 426326 |
|  | Enerpac Tool Group <br> Corp.<br>| 46277 | 1868202 |
|  | EnerSys | 35677 | 3089628 |
|  | Ennis, Inc. | 25451 | 456845 |
|  | Enpro, Inc. | 495 | 73953 |
| \* | Enviri Corp. | 82835 | 569076 |
|  | Equifax, Inc. | 15735 | 4093146 |
|  | Esab Corp. | 28979 | 3480957 |
|  | ESCO Technologies, <br> Inc.<br>| 522 | 81667 |
|  | Espey Mfg. & <br> Electronics Corp.<br>| 2258 | 69456 |
| \* | Everus Construction <br> Group, Inc.<br>| 28967 | 1165632 |
|  | EVI Industries, Inc. | 3830 | 61778 |
| \* | ExlService Holdings, <br> Inc.<br>| 8712 | 422358 |
|  | Expeditors <br> International of <br> Washington, Inc.<br>| 30376 | 3338626 |
|  | Fastenal Co. | 63072 | 5106940 |
|  | Federal Signal Corp. | 23392 | 1904811 |
|  | FedEx Corp. | 40161 | 8447063 |
|  | Ferguson Enterprises, <br> Inc.<br>| 40733 | 6910761 |
| \* | First Advantage Corp. | 24310 | 342771 |
|  | Flowserve Corp. | 60718 | 2746275 |
| #\* | Fluence Energy, Inc. | 9772 | 39967 |
| \* | Fluor Corp. | 35801 | 1249097 |
| \* | Forrester Research, <br> Inc.<br>| 4217 | 39429 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Fortive Corp. | 34995 | $2438802 |
|  | Fortune Brands <br> Innovations, Inc.<br>| 25464 | 1370472 |
| \* | Franklin Covey Co. | 9180 | 186446 |
|  | Franklin Electric Co., <br> Inc.<br>| 17503 | 1487055 |
| \* | Frontier Group <br> Holdings, Inc.<br>| 7784 | 23196 |
| # | FTAI Aviation Ltd. | 21301 | 2281550 |
|  | FTAI Infrastructure, <br> Inc.<br>| 10630 | 45922 |
| \* | FTI Consulting, Inc. | 10300 | 1712684 |
| \* | Gates Industrial Corp. <br> PLC<br>| 98140 | 1856809 |
|  | GATX Corp. | 22386 | 3267461 |
|  | Genco Shipping & <br> Trading Ltd.<br>| 25725 | 333396 |
| \* | Gencor Industries, <br> Inc.<br>| 10519 | 133486 |
| \* | Generac Holdings, <br> Inc.<br>| 6608 | 755823 |
|  | General Dynamics <br> Corp.<br>| 11205 | 3049105 |
|  | Genpact Ltd. | 37832 | 1901436 |
| \* | Gibraltar Industries, <br> Inc.<br>| 24545 | 1299658 |
|  | Global Industrial Co. | 32646 | 838349 |
| \* | GMS, Inc. | 36715 | 2689741 |
|  | Gorman-Rupp Co. | 18860 | 676320 |
|  | Graco, Inc. | 19366 | 1580459 |
| \* | Graham Corp. | 289 | 8809 |
|  | Granite Construction, <br> Inc.<br>| 31433 | 2555189 |
| \* | Great Lakes Dredge & <br> Dock Corp.<br>| 66820 | 607394 |
|  | Greenbrier Cos., Inc. | 29597 | 1255505 |
|  | Griffon Corp. | 30727 | 2092816 |
| \* | GXO Logistics, Inc. | 42980 | 1557595 |
|  | H&E Equipment <br> Services, Inc.<br>| 34346 | 3084614 |
| \* | Hayward Holdings, <br> Inc.<br>| 104598 | 1394291 |
| \* | Healthcare Services <br> Group, Inc.<br>| 18480 | 262601 |
|  | Heartland Express, <br> Inc.<br>| 40260 | 305976 |
|  | Heidrick & Struggles <br> International, Inc.<br>| 16511 | 644259 |
|  | Helios Technologies, <br> Inc.<br>| 19343 | 527290 |
|  | Herc Holdings, Inc. | 19618 | 2146994 |
| #\* | Hertz Global Holdings, <br> Inc.<br>| 25476 | 173746 |
|  | Hexcel Corp. | 11087 | 537387 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Hillenbrand, Inc. | 40968 | $828783 |
| \* | Hillman Solutions <br> Corp.<br>| 15462 | 108079 |
|  | HNI Corp. | 34375 | 1454062 |
|  | Honeywell <br> International, Inc.<br>| 35567 | 7486853 |
|  | Howmet Aerospace, <br> Inc.<br>| 6208 | 860305 |
|  | Hub Group, Inc., <br> Class A<br>| 56772 | 1793427 |
|  | Hubbell, Inc. | 7919 | 2876022 |
| \* | Hudson Global, Inc. | 4041 | 40693 |
| \* | Hudson Technologies, <br> Inc.<br>| 31276 | 209236 |
|  | Huntington Ingalls <br> Industries, Inc.<br>| 10536 | 2426862 |
|  | Hurco Cos., Inc. | 3620 | 60382 |
| \* | Huron Consulting <br> Group, Inc.<br>| 14619 | 1970495 |
|  | Hyster-Yale, Inc. | 12306 | 472920 |
| \* | IBEX Holdings Ltd. | 3250 | 81380 |
|  | IDEX Corp. | 6614 | 1150638 |
| \* | IES Holdings, Inc. | 10148 | 1995909 |
|  | Illinois Tool Works, <br> Inc.<br>| 24770 | 5942571 |
|  | Ingersoll Rand, Inc. | 296 | 22327 |
| \* | Innovative Solutions & <br> Support, Inc.<br>| 14202 | 95721 |
|  | Insperity, Inc. | 11619 | 755351 |
|  | Insteel Industries, Inc. | 15736 | 533608 |
|  | Interface, Inc. | 49786 | 935977 |
|  | ITT, Inc. | 17530 | 2401961 |
|  | Jacobs Solutions, Inc. | 5561 | 688452 |
| \* | Janus International <br> Group, Inc.<br>| 17863 | 122897 |
|  | JB Hunt Transport <br> Services, Inc.<br>| 17722 | 2314139 |
|  | JBT Marel Corp. | 1478 | 155574 |
| \* | JELD-WEN Holding, <br> Inc.<br>| 41765 | 230543 |
| #\* | JetBlue Airways Corp. | 204532 | 891760 |
|  | Johnson Controls <br> International PLC<br>| 9725 | 815927 |
|  | Kadant, Inc. | 5840 | 1722800 |
|  | Karat Packaging, Inc. | 5494 | 144932 |
|  | KBR, Inc. | 51889 | 2740258 |
|  | Kelly Services, Inc., <br> Class A<br>| 31263 | 361088 |
|  | Kennametal, Inc. | 56394 | 1098555 |
|  | Kforce, Inc. | 16899 | 645542 |
| \* | Kirby Corp. | 28037 | 2701926 |
|  | Knight-Swift <br> Transportation <br> Holdings, Inc.<br>| 43656 | 1710006 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Korn Ferry | 38881 | $2398958 |
| \* | Kratos Defense & <br> Security Solutions, <br> Inc.<br>| 2977 | 100578 |
| \* | L.B. Foster Co., <br> Class A<br>| 4677 | 93400 |
|  | L3Harris <br> Technologies, Inc.<br>| 16820 | 3700736 |
|  | Landstar System, Inc. | 10347 | 1388050 |
|  | Leidos Holdings, Inc. | 18079 | 2660867 |
|  | Lennox International, <br> Inc.<br>| 3064 | 1675242 |
| \* | Limbach Holdings, <br> Inc.<br>| 310 | 29679 |
|  | Lincoln Electric <br> Holdings, Inc.<br>| 6174 | 1087859 |
|  | Lindsay Corp. | 7806 | 1007442 |
| \* | Liquidity Services, <br> Inc.<br>| 21955 | 697730 |
|  | Lockheed Martin <br> Corp.<br>| 17533 | 8376391 |
|  | LSI Industries, Inc. | 22255 | 335828 |
|  | Luxfer Holdings PLC | 18526 | 199340 |
| \* | Manitowoc Co., Inc. | 45738 | 360415 |
|  | ManpowerGroup, Inc. | 28090 | 1209836 |
|  | Marten Transport Ltd. | 80831 | 1037870 |
| #\* | MasTec, Inc. | 20647 | 2628776 |
| \* | Mastech Digital, Inc. | 1982 | 14588 |
| \* | Masterbrand, Inc. | 55633 | 675941 |
| \* | Matrix Service Co. | 23483 | 272403 |
|  | Matson, Inc. | 20896 | 2279545 |
|  | Matthews International <br> Corp., Class A<br>| 14802 | 302701 |
|  | Maximus, Inc. | 25839 | 1730179 |
| \* | Mayville Engineering <br> Co., Inc.<br>| 7256 | 92732 |
|  | McGrath RentCorp | 893 | 95256 |
| \* | Mercury Systems, <br> Inc.<br>| 30699 | 1534950 |
| \* | Middleby Corp. | 12832 | 1711147 |
|  | Miller Industries, Inc. | 10796 | 440585 |
|  | MillerKnoll, Inc. | 34312 | 562717 |
| \* | Mistras Group, Inc. | 23374 | 213171 |
| \* | Montrose <br> Environmental <br> Group, Inc.<br>| 9000 | 131670 |
|  | Moog, Inc., Class A | 10854 | 1815331 |
| \* | MRC Global, Inc. | 64037 | 746031 |
|  | MSA Safety, Inc. | 8487 | 1336024 |
|  | MSC Industrial Direct <br> Co., Inc., Class A<br>| 21386 | 1635601 |
|  | Mueller Industries, <br> Inc.<br>| 24393 | 1794349 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Mueller Water <br> Products, Inc., <br> Class A<br>| 106382 | $2791464 |
| \* | MYR Group, Inc. | 444 | 54310 |
|  | National Presto <br> Industries, Inc.<br>| 4560 | 384636 |
| \* | NEXTracker, Inc., <br> Class A<br>| 26197 | 1063860 |
|  | NL Industries, Inc. | 17836 | 153033 |
| \* | NN, Inc. | 14160 | 28462 |
|  | Nordson Corp. | 4924 | 933443 |
|  | Norfolk Southern <br> Corp.<br>| 30215 | 6769671 |
|  | Northrop Grumman <br> Corp.<br>| 6322 | 3075653 |
| \* | Northwest Pipe Co. | 8323 | 352562 |
| \* | NV5 Global, Inc. | 38160 | 707868 |
|  | nVent Electric PLC | 2689 | 147653 |
|  | Old Dominion Freight <br> Line, Inc.<br>| 29298 | 4490797 |
|  | Omega Flex, Inc. | 5545 | 166128 |
| \* | OPENLANE, Inc. | 87637 | 1622161 |
| \* | Orion Group Holdings, <br> Inc.<br>| 10969 | 70092 |
|  | Oshkosh Corp. | 32695 | 2738533 |
|  | Otis Worldwide Corp. | 5410 | 520821 |
|  | Owens Corning | 25525 | 3711590 |
|  | PACCAR, Inc. | 54950 | 4957039 |
| \* | PAMT Corp. | 20288 | 283423 |
|  | Pangaea Logistics <br> Solutions Ltd.<br>| 36161 | 145729 |
|  | Park Aerospace Corp. | 13943 | 182235 |
|  | Parker-Hannifin Corp. | 4518 | 2733661 |
|  | Park-Ohio Holdings <br> Corp.<br>| 13746 | 273683 |
| \* | Parsons Corp. | 1985 | 132717 |
|  | Paychex, Inc. | 38988 | 5735915 |
|  | Paycom Software, <br> Inc.<br>| 2951 | 668077 |
| \* | Paylocity Holding <br> Corp.<br>| 915 | 175772 |
|  | Pentair PLC | 44556 | 4042566 |
| \* | Perma-Fix <br> Environmental <br> Services, Inc.<br>| 215 | 1763 |
| \* | Perma-Pipe <br> International <br> Holdings, Inc.<br>| 5730 | 68760 |
| \* | Planet Labs PBC | 38538 | 126790 |
| # | Powell Industries, Inc. | 8218 | 1504798 |
|  | Preformed Line <br> Products Co.<br>| 3962 | 544260 |
|  | Primoris Services <br> Corp.<br>| 38624 | 2316281 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| \* | Proto Labs, Inc. | 13290 | $467276 |
| \* | Pursuit Attractions & <br> Hospitality, Inc.<br>| 13030 | 381649 |
|  | Quad/Graphics, Inc. | 36794 | 175507 |
|  | Quanex Building <br> Products Corp.<br>| 11883 | 195357 |
|  | Quanta Services, Inc. | 7632 | 2233810 |
| \* | Quest Resource <br> Holding Corp.<br>| 10130 | 23907 |
| \* | Radiant Logistics, Inc. | 39808 | 232877 |
| \* | RBC Bearings, Inc. | 65 | 21357 |
| \* | RCM Technologies, <br> Inc.<br>| 3727 | 64999 |
|  | Regal Rexnord Corp. | 17859 | 1890197 |
|  | Republic Services, <br> Inc.<br>| 9416 | 2361062 |
| \* | Resideo Technologies, <br> Inc.<br>| 111463 | 1870349 |
|  | Resources <br> Connection, Inc.<br>| 17688 | 101441 |
|  | REV Group, Inc. | 8255 | 269939 |
| # | Robert Half, Inc. | 28346 | 1255728 |
|  | Rockwell Automation, <br> Inc.<br>| 13003 | 3220583 |
|  | Rollins, Inc. | 24767 | 1414939 |
|  | RTX Corp. | 76700 | 9674171 |
|  | Rush Enterprises, Inc. <br> (RUSHA US), <br> Class A<br>| 39393 | 2008649 |
|  | Rush Enterprises, Inc. <br> (RUSHB US), <br> Class B<br>| 11400 | 659376 |
| \* | RXO, Inc. | 4900 | 69041 |
|  | Ryder System, Inc. | 23162 | 3188713 |
| \* | Saia, Inc. | 3376 | 823744 |
|  | Schneider National, <br> Inc., Class B<br>| 60940 | 1309601 |
|  | Science Applications <br> International Corp.<br>| 22224 | 2689771 |
|  | Sensata Technologies <br> Holding PLC<br>| 52970 | 1133558 |
| \* | Servotronics, Inc. | 1499 | 15979 |
|  | Shyft Group, Inc. | 26677 | 225687 |
| \* | SIFCO Industries, <br> Inc.<br>| 4888 | 12953 |
|  | Simpson <br> Manufacturing Co., <br> Inc.<br>| 16070 | 2469798 |
| \* | SiteOne Landscape <br> Supply, Inc.<br>| 10251 | 1176917 |
| \* | SkyWest, Inc. | 30205 | 2693380 |
|  | Snap-on, Inc. | 7030 | 2206084 |
|  | Southwest Airlines <br> Co.<br>| 169811 | 4747916 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| \* | SPX Technologies, <br> Inc.<br>| 22273 | $2987923 |
|  | SS&C Technologies <br> Holdings, Inc.<br>| 71637 | 5415757 |
|  | Standex International <br> Corp.<br>| 258 | 36486 |
|  | Stanley Black & <br> Decker, Inc.<br>| 31978 | 1919320 |
|  | Steelcase, Inc., <br> Class A<br>| 70912 | 703447 |
| \* | Sterling Infrastructure, <br> Inc.<br>| 13663 | 2041662 |
| \* | Stratasys Ltd. | 16520 | 155949 |
| \* | Sun Country Airlines <br> Holdings, Inc.<br>| 16388 | 160602 |
| #\* | Sunrun, Inc. | 119935 | 826352 |
| \* | TaskUS, Inc., Class A | 16400 | 228944 |
| \* | Taylor Devices, Inc. | 1412 | 45043 |
|  | Tecnoglass, Inc. | 25633 | 1826864 |
|  | Tennant Co. | 14463 | 1043650 |
|  | Terex Corp. | 50049 | 1761725 |
|  | Tetra Tech, Inc. | 15679 | 489028 |
|  | Textron, Inc. | 41049 | 2888618 |
| \* | Thermon Group <br> Holdings, Inc.<br>| 26250 | 688537 |
|  | Timken Co. | 35176 | 2260058 |
| \* | Titan International, <br> Inc.<br>| 61808 | 454289 |
| \* | Titan Machinery, Inc. | 15793 | 262006 |
|  | Toro Co. | 19647 | 1341497 |
|  | Trane Technologies <br> PLC<br>| 11677 | 4475911 |
| \* | Transcat, Inc. | 103 | 8171 |
|  | TransDigm Group, <br> Inc.<br>| 213 | 300984 |
|  | TransUnion | 17540 | 1455118 |
| \* | Trex Co., Inc. | 16675 | 964148 |
|  | TriNet Group, Inc. | 8723 | 683273 |
|  | Trinity Industries, Inc. | 70160 | 1761016 |
| \* | Triumph Group, Inc. | 1104 | 28042 |
| \* | TrueBlue, Inc. | 18191 | 78949 |
|  | TTEC Holdings, Inc. | 7321 | 29284 |
| \* | Tutor Perini Corp. | 46322 | 994070 |
|  | Twin Disc, Inc. | 12774 | 93761 |
|  | UFP Industries, Inc. | 21204 | 2096015 |
| #\* | U-Haul Holding Co. <br> (UHAL US)<br>| 8150 | 500328 |
|  | U-Haul Holding Co. <br> (UHAL/B US)<br>| 65482 | 3588414 |
| \* | Ultralife Corp. | 13766 | 61672 |
|  | UniFirst Corp. | 9696 | 1730445 |
|  | Union Pacific Corp. | 48637 | 10489055 |
| \* | United Airlines <br> Holdings, Inc.<br>| 103979 | 7155835 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | United Parcel Service, <br> Inc., Class B<br>| 62307 | $5937857 |
|  | United Rentals, Inc. | 16507 | 10423345 |
|  | Universal Logistics <br> Holdings, Inc.<br>| 23600 | 513064 |
| \* | V2X, Inc. | 17366 | 864132 |
|  | Valmont Industries, <br> Inc.<br>| 9114 | 2672407 |
|  | Veralto Corp. | 10383 | 995730 |
|  | Verisk Analytics, Inc. | 13647 | 4045380 |
| \* | Verra Mobility Corp. | 71811 | 1565480 |
|  | Vertiv Holdings Co., <br> Class A<br>| 45282 | 3866177 |
|  | Vestis Corp. | 59067 | 517427 |
| \* | Vicor Corp. | 1000 | 39905 |
|  | Virco Mfg. Corp. | 17465 | 160503 |
| #\* | VirTra, Inc. | 2086 | 9762 |
|  | VSE Corp. | 459 | 52565 |
|  | Wabash National <br> Corp.<br>| 40667 | 281009 |
|  | Waste Management, <br> Inc.<br>| 29881 | 6973030 |
|  | Watsco, Inc. (WSO/B <br> US), Class B<br>| 1205 | 538888 |
|  | Watts Water <br> Technologies, Inc., <br> Class A<br>| 10476 | 2176389 |
|  | Werner Enterprises, <br> Inc.<br>| 46636 | 1150044 |
|  | WESCO International, <br> Inc.<br>| 14302 | 2330654 |
|  | Westinghouse Air <br> Brake Technologies <br> Corp.<br>| 16948 | 3130974 |
| \* | Willdan Group, Inc. | 182 | 7134 |
|  | Willis Lease Finance <br> Corp.<br>| 6948 | 1074995 |
|  | WillScot Holdings <br> Corp.<br>| 68847 | 1729437 |
|  | Woodward, Inc. | 12784 | 2397895 |
|  | Worthington <br> Enterprises, Inc.<br>| 1394 | 70578 |
|  | WW Grainger, Inc. | 6116 | 6264680 |
| \* | XPO, Inc. | 23874 | 2533509 |
|  | Xylem, Inc. | 358 | 43164 |
|  | Zurn Elkay Water <br> Solutions Corp.<br>| 14032 | 476527 |
| TOTAL INDUSTRIALS | TOTAL INDUSTRIALS |  | 609227607 |
| INFORMATION TECHNOLOGY — (18.7%) | INFORMATION TECHNOLOGY — (18.7%) | INFORMATION TECHNOLOGY — (18.7%) | INFORMATION TECHNOLOGY — (18.7%) |
|  | A10 Networks, Inc. | 27044 | 445685 |
|  | Accenture PLC, <br> Class A<br>| 25525 | 7635804 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | ACI Worldwide, Inc. | 50283 | $2683101 |
|  | Adeia, Inc. | 66896 | 823490 |
| \* | Adobe, Inc. | 24096 | 9035518 |
|  | Advanced Energy <br> Industries, Inc.<br>| 659 | 64193 |
| \* | Advanced Micro <br> Devices, Inc.<br>| 3150 | 306653 |
| \* | Airgain, Inc. | 5308 | 19905 |
| \* | Akamai Technologies, <br> Inc.<br>| 17530 | 1412567 |
| \* | Alarm.com Holdings, <br> Inc.<br>| 4195 | 224852 |
| \* | Alithya Group, Inc., <br> Class A<br>| 7489 | 8987 |
| \* | Alpha & Omega <br> Semiconductor Ltd.<br>| 23485 | 442223 |
| \* | Ambarella, Inc. | 892 | 42807 |
|  | Amdocs Ltd. | 24155 | 2139650 |
|  | Amkor Technology, <br> Inc.<br>| 123983 | 2163503 |
|  | Amphenol Corp., <br> Class A<br>| 39510 | 3040294 |
| \* | Amtech Systems, Inc. | 7816 | 26965 |
|  | Apple, Inc. | 909318 | 193230075 |
|  | Applied Materials, <br> Inc.<br>| 33613 | 5065815 |
| \* | Applied <br> Optoelectronics, <br> Inc.<br>| 10259 | 131213 |
| \* | AppLovin Corp., <br> Class A<br>| 47377 | 12759100 |
| \* | Arrow Electronics, <br> Inc.<br>| 22471 | 2502371 |
| \* | ASGN, Inc. | 29991 | 1510947 |
| \* | AstroNova, Inc. | 7311 | 60754 |
| \* | Autodesk, Inc. | 7624 | 2090882 |
| \* | Aviat Networks, Inc. | 8195 | 143904 |
|  | Avnet, Inc. | 43989 | 2067043 |
| \* | Axcelis Technologies, <br> Inc.<br>| 17674 | 865673 |
|  | Badger Meter, Inc. | 444 | 98044 |
|  | Bel Fuse, Inc. (BELFA <br> US), Class A<br>| 1601 | 98301 |
|  | Bel Fuse, Inc. (BELFB <br> US), Class B<br>| 1601 | 105298 |
|  | Belden, Inc. | 20613 | 2125406 |
|  | Benchmark <br> Electronics, Inc.<br>| 29121 | 947306 |
| \* | Bill Holdings, Inc. | 35708 | 1627214 |
| \* | BK Technologies <br> Corp.<br>| 1538 | 68626 |
| #\* | Blackbaud, Inc. | 9491 | 574585 |
| \* | Box, Inc., Class A | 19290 | 602234 |
|  | CDW Corp. | 10144 | 1628721 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | Cerence, Inc. | 27026 | $244856 |
| \* | CEVA, Inc. | 3878 | 101642 |
| \* | Ciena Corp. | 2334 | 156751 |
| \* | Cirrus Logic, Inc. | 20347 | 1954126 |
|  | Cisco Systems, Inc. | 192420 | 11108407 |
|  | Clear Secure, Inc., <br> Class A<br>| 30873 | 761946 |
| \* | Clearfield, Inc. | 6868 | 196906 |
|  | Climb Global <br> Solutions, Inc.<br>| 387 | 40790 |
| \* | Coda Octopus Group, <br> Inc.<br>| 4669 | 31282 |
|  | Cognizant Technology <br> Solutions Corp., <br> Class A<br>| 111001 | 8166344 |
| \* | Coherent Corp. | 11010 | 708163 |
| \* | Cohu, Inc. | 30178 | 482848 |
| \* | Consensus Cloud <br> Solutions, Inc.<br>| 5485 | 108932 |
|  | Corning, Inc. | 109028 | 4838663 |
| \* | Corsair Gaming, Inc. | 19779 | 140035 |
| \* | CPI Card Group, Inc. | 706 | 18455 |
|  | Crane NXT Co. | 32023 | 1502519 |
| \* | Crexendo, Inc. | 696 | 3431 |
| \* | CS Disco, Inc. | 10253 | 38244 |
|  | CSP, Inc. | 248 | 4127 |
|  | CTS Corp. | 7425 | 282744 |
| \* | CVD Equipment <br> Corp.<br>| 5741 | 16649 |
| \* | Daily Journal Corp. | 99 | 37519 |
| \* | Daktronics, Inc. | 37851 | 480329 |
| \* | Data I/O Corp. | 1500 | 3420 |
| \* | Diebold Nixdorf, Inc. | 10483 | 464711 |
| \* | Digi International, Inc. | 28395 | 772344 |
| \* | Diodes, Inc. | 29935 | 1149504 |
|  | Dolby Laboratories, <br> Inc., Class A<br>| 1018 | 78172 |
| \* | DoubleVerify Holdings, <br> Inc.<br>| 1278 | 16946 |
| \* | Dropbox, Inc., <br> Class A<br>| 20775 | 593126 |
| \* | DXC Technology Co. | 136909 | 2124828 |
| \* | E2open Parent <br> Holdings, Inc.<br>| 35730 | 70388 |
| \* | Eastman Kodak Co. | 20434 | 128530 |
| \* | Electro-Sensors, Inc. | 1426 | 6032 |
|  | Entegris, Inc. | 8787 | 695227 |
| \* | ePlus, Inc. | 4661 | 290660 |
| \* | EverCommerce, Inc. | 2979 | 29075 |
| \* | F5, Inc. | 11981 | 3171850 |
| \* | Fabrinet | 6478 | 1328379 |
| \* | Fair Isaac Corp. | 672 | 1337065 |
| \* | FARO Technologies, <br> Inc.<br>| 10931 | 321481 |
| \* | First Solar, Inc. | 24476 | 3079570 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | Flex Ltd. | 82504 | $2833187 |
| \* | Fortinet, Inc. | 29168 | 3026472 |
| \* | Franklin Wireless <br> Corp.<br>| 6922 | 34056 |
|  | Frequency <br> Electronics, Inc.<br>| 5834 | 108512 |
| \* | Gartner, Inc. | 7640 | 3217051 |
|  | Gen Digital, Inc. | 78040 | 2018895 |
| \* | Genasys, Inc. | 1974 | 4224 |
| \* | GLOBALFOUNDRIES, <br> Inc.<br>| 527 | 18482 |
| \* | Globant SA | 900 | 105813 |
| \* | GoDaddy, Inc., <br> Class A<br>| 15433 | 2906497 |
| \* | Grid Dynamics <br> Holdings, Inc.<br>| 14374 | 203536 |
|  | Hackett Group, Inc. | 17982 | 459260 |
|  | Hewlett Packard <br> Enterprise Co.<br>| 284630 | 4616699 |
| \* | I3 Verticals, Inc., <br> Class A<br>| 7584 | 190510 |
| \* | Ichor Holdings Ltd. | 24501 | 484630 |
| \* | Informatica, Inc., <br> Class A<br>| 37923 | 714090 |
|  | Information Services <br> Group, Inc.<br>| 7246 | 28114 |
| \* | Insight Enterprises, <br> Inc.<br>| 12166 | 1682314 |
|  | Intel Corp. | 142832 | 2870923 |
|  | InterDigital, Inc. | 15946 | 3205146 |
|  | International Business <br> Machines Corp.<br>| 75589 | 18278932 |
| \* | inTEST Corp. | 11005 | 68231 |
| \* | IPG Photonics Corp. | 5509 | 329934 |
| \* | Itron, Inc. | 4331 | 481997 |
|  | Jabil, Inc. | 31369 | 4597441 |
| \* | Jamf Holding Corp. | 20151 | 233147 |
| \* | JFrog Ltd. | 6417 | 216702 |
|  | Juniper Networks, <br> Inc.<br>| 151640 | 5507565 |
| \* | Key Tronic Corp. | 10062 | 24753 |
| \* | Keysight <br> Technologies, Inc.<br>| 17574 | 2555260 |
| \* | Kimball Electronics, <br> Inc.<br>| 19966 | 286312 |
|  | KLA Corp. | 10803 | 7591160 |
| \* | Knowles Corp. | 77451 | 1219079 |
|  | Kulicke & Soffa <br> Industries, Inc.<br>| 9857 | 317691 |
| \* | KVH Industries, Inc. | 9686 | 49495 |
| \* | Kyndryl Holdings, Inc. | 77532 | 2513587 |
|  | Lam Research Corp. | 64767 | 4641851 |
| \* | Lantronix, Inc. | 8601 | 18320 |
| \* | LGL Group, Inc. | 2275 | 15584 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
|  | Littelfuse, Inc. | 4365 | $795783 |
| \* | LiveRamp Holdings, <br> Inc.<br>| 42486 | 1111434 |
| \* | Magnachip <br> Semiconductor <br> Corp.<br>| 4530 | 14224 |
| \* | Manhattan Associates, <br> Inc.<br>| 4325 | 767212 |
| \* | MaxLinear, Inc. | 15804 | 157882 |
| \* | Meridianlink, Inc. | 685 | 11583 |
|  | Methode Electronics, <br> Inc.<br>| 23049 | 144517 |
|  | Microchip Technology, <br> Inc.<br>| 47515 | 2189491 |
|  | Micron Technology, <br> Inc.<br>| 56828 | 4372915 |
|  | Microsoft Corp. | 429685 | 169837293 |
| \* | Mirion Technologies, <br> Inc.<br>| 66463 | 1048786 |
| \* | Mitek Systems, Inc. | 20935 | 173342 |
|  | MKS Instruments, <br> Inc.<br>| 7144 | 501080 |
|  | Motorola Solutions, <br> Inc.<br>| 5843 | 2573199 |
| \* | M-Tron Industries, <br> Inc.<br>| 92 | 5103 |
| \* | N-able, Inc. | 620 | 4377 |
|  | Napco Security <br> Technologies, Inc.<br>| 382 | 8729 |
| \* | NCR Voyix Corp. | 46678 | 400030 |
|  | NetApp, Inc. | 39465 | 3541984 |
| \* | NETGEAR, Inc. | 23274 | 561369 |
| \* | NetScout Systems, <br> Inc.<br>| 27103 | 569705 |
| #\* | nLight, Inc. | 26940 | 207707 |
| \* | Nortech Systems, Inc. | 1040 | 9183 |
| \* | Nutanix, Inc., Class A | 2459 | 168933 |
|  | NVE Corp. | 2847 | 165439 |
|  | NVIDIA Corp. | 1468874 | 159989756 |
|  | NXP Semiconductors <br> NV<br>| 49600 | 9141776 |
| \* | Okta, Inc. | 25582 | 2869277 |
| \* | Olo, Inc., Class A | 44390 | 275218 |
| \* | ON Semiconductor <br> Corp.<br>| 77943 | 3094337 |
| \* | ON24, Inc. | 1900 | 8892 |
| \* | One Stop Systems, <br> Inc.<br>| 1013 | 2340 |
|  | OneSpan, Inc. | 3389 | 50394 |
| \* | Optical Cable Corp. | 6626 | 19812 |
|  | Oracle Corp. | 96455 | 13573148 |
| \* | OSI Systems, Inc. | 11584 | 2371708 |
| \* | Ouster, Inc. | 13603 | 101070 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | PAR Technology <br> Corp.<br>| 803 | $46895 |
|  | PC Connection, Inc. | 21052 | 1306066 |
| \* | PDF Solutions, Inc. | 980 | 17983 |
|  | Pegasystems, Inc. | 1337 | 123111 |
| \* | Penguin Solutions, <br> Inc.<br>| 31666 | 540539 |
| \* | Photronics, Inc. | 59793 | 1092418 |
| \* | Plexus Corp. | 1591 | 194786 |
|  | Power Integrations, <br> Inc.<br>| 321 | 15768 |
| \* | Powerfleet, Inc. NJ | 40162 | 202416 |
|  | Progress Software <br> Corp.<br>| 29413 | 1763603 |
| \* | Qorvo, Inc. | 12461 | 893080 |
|  | QUALCOMM, Inc. | 53788 | 7985366 |
| \* | Qualys, Inc. | 2503 | 314652 |
| \* | Rambus, Inc. | 23209 | 1132367 |
|  | Red Violet, Inc. | 491 | 19178 |
| \* | RF Industries Ltd. | 7730 | 29606 |
| \* | Ribbon <br> Communications, <br> Inc.<br>| 45062 | 144649 |
|  | Richardson <br> Electronics Ltd.<br>| 10614 | 91917 |
| \* | Rogers Corp. | 11964 | 739495 |
|  | Salesforce, Inc. | 6977 | 1874790 |
| \* | Sandisk Corp. | 13293 | 426838 |
| \* | Sanmina Corp. | 28286 | 2172082 |
|  | Sapiens International <br> Corp. NV<br>| 22840 | 625588 |
| \* | ScanSource, Inc. | 19268 | 635651 |
|  | Seagate Technology <br> Holdings PLC<br>| 396 | 36048 |
| \* | SentinelOne, Inc., <br> Class A<br>| 6443 | 119196 |
| \* | Silicon Laboratories, <br> Inc.<br>| 177 | 18012 |
|  | Skyworks Solutions, <br> Inc.<br>| 29222 | 1878390 |
| #\* | SolarEdge <br> Technologies, Inc.<br>| 2609 | 31921 |
| \* | Synaptics, Inc. | 18436 | 1026148 |
|  | Taitron Components, <br> Inc., Class A<br>| 855 | 1847 |
|  | TD SYNNEX Corp. | 18170 | 2013236 |
|  | TE Connectivity PLC | 21510 | 3148634 |
| \* | Teledyne <br> Technologies, Inc.<br>| 3689 | 1719185 |
| \* | Telos Corp. | 13674 | 37330 |
| \* | Teradata Corp. | 40361 | 867762 |
|  | Teradyne, Inc. | 30630 | 2273052 |
|  | Texas Instruments, <br> Inc.<br>| 7775 | 1244389 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | TransAct <br> Technologies, Inc.<br>| 8099 | $28185 |
| \* | Trimble, Inc. | 4274 | 265586 |
| \* | TTM Technologies, <br> Inc.<br>| 82491 | 1651470 |
| \* | Turtle Beach Corp. | 602 | 6953 |
| \* | Twilio, Inc., Class A | 37884 | 3663762 |
| \* | Ultra Clean Holdings, <br> Inc.<br>| 30552 | 571475 |
| \* | Unisys Corp. | 19701 | 78213 |
|  | Universal Display <br> Corp.<br>| 420 | 52765 |
| \* | Veeco Instruments, <br> Inc.<br>| 35594 | 665608 |
| \* | Verint Systems, Inc. | 40815 | 719977 |
| \* | VeriSign, Inc. | 400 | 112848 |
| \* | Viavi Solutions, Inc. | 4792 | 50699 |
|  | Vishay <br> Intertechnology, <br> Inc.<br>| 79770 | 1036212 |
| \* | Vishay Precision <br> Group, Inc.<br>| 9082 | 226505 |
|  | Vontier Corp. | 59654 | 1897594 |
| \* | Western Digital Corp. | 36779 | 1613127 |
| \* | WidePoint Corp. | 1177 | 5026 |
| #\* | Wolfspeed, Inc. | 35749 | 126909 |
| # | Xerox Holdings Corp. | 125567 | 553750 |
| \* | Xperi, Inc. | 9209 | 68055 |
| \* | Zebra Technologies <br> Corp., Class A<br>| 4725 | 1182762 |
| \* | Zoom <br> Communications, <br> Inc.<br>| 36812 | 2854402 |
| TOTAL INFORMATION <br> TECHNOLOGY | TOTAL INFORMATION <br> TECHNOLOGY |  | 818657082 |
| MATERIALS — (5.0%) | MATERIALS — (5.0%) | MATERIALS — (5.0%) | MATERIALS — (5.0%) |
|  | AdvanSix, Inc. | 18468 | 395585 |
|  | Air Products & <br> Chemicals, Inc.<br>| 8130 | 2203962 |
| # | Albemarle Corp. | 10037 | 587666 |
|  | Alcoa Corp. | 65685 | 1611253 |
| \* | Alpha Metallurgical <br> Resources, Inc.<br>| 9310 | 1129769 |
| # | Amcor PLC | 587245 | 5402654 |
|  | American Vanguard <br> Corp.<br>| 19416 | 81936 |
|  | AptarGroup, Inc. | 14320 | 2147284 |
| \* | Arq, Inc. | 3973 | 15058 |
| \* | Ascent Industries Co. | 9589 | 126575 |
|  | Ashland, Inc. | 30484 | 1658025 |
| \* | Aspen Aerogels, Inc. | 19336 | 104414 |
| \* | ATI, Inc. | 39295 | 2136862 |
|  | Avery Dennison Corp. | 13122 | 2245305 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | Avient Corp. | 51804 | $1725591 |
| \* | Axalta Coating <br> Systems Ltd.<br>| 68159 | 2215167 |
|  | Balchem Corp. | 89 | 13933 |
|  | Ball Corp. | 50241 | 2609518 |
|  | Cabot Corp. | 27246 | 2139901 |
|  | Caledonia Mining <br> Corp. PLC<br>| 1210 | 15936 |
|  | Carpenter Technology <br> Corp.<br>| 40717 | 7964652 |
|  | Celanese Corp. | 17857 | 794815 |
| \* | Century Aluminum <br> Co.<br>| 14360 | 235648 |
|  | CF Industries <br> Holdings, Inc.<br>| 48590 | 3807998 |
|  | Chemours Co. | 30355 | 375795 |
| \* | Clearwater Paper <br> Corp.<br>| 12278 | 329787 |
| \* | Cleveland-Cliffs, Inc. | 114992 | 947534 |
| \* | Coeur Mining, Inc. | 4491 | 24925 |
|  | Commercial Metals <br> Co.<br>| 57105 | 2543457 |
| \* | Core Molding <br> Technologies, Inc.<br>| 8981 | 138128 |
|  | Corteva, Inc. | 79853 | 4950087 |
|  | CRH PLC (CRHCF <br> US)<br>| 26600 | 2538172 |
|  | Crown Holdings, Inc. | 21143 | 2036705 |
| \* | Dakota Gold Corp. | 11415 | 30821 |
|  | Dow, Inc. | 114781 | 3511151 |
|  | DuPont de Nemours, <br> Inc.<br>| 39407 | 2600468 |
|  | Eagle Materials, Inc. | 10614 | 2402903 |
|  | Eastman Chemical <br> Co.<br>| 71158 | 5479166 |
|  | Ecolab, Inc. | 9334 | 2346848 |
| \* | Ecovyst, Inc. | 53511 | 319996 |
|  | Element Solutions, <br> Inc.<br>| 41128 | 839422 |
|  | Ferroglobe PLC | 49621 | 173177 |
|  | FMC Corp. | 14998 | 628716 |
|  | Fortitude Gold Corp. | 17074 | 59247 |
|  | Freeport-McMoRan, <br> Inc.<br>| 266176 | 9590321 |
|  | Friedman Industries, <br> Inc.<br>| 9833 | 169226 |
|  | Graphic Packaging <br> Holding Co.<br>| 117046 | 2962434 |
|  | Greif, Inc. (GEF US), <br> Class A<br>| 22936 | 1203681 |
|  | Greif, Inc. (GEF/B <br> US), Class B<br>| 9250 | 514023 |
|  | Hawkins, Inc. | 17156 | 2089258 |
|  | HB Fuller Co. | 40845 | 2207264 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | Hecla Mining Co. | 520329 | $2976282 |
|  | Huntsman Corp. | 115221 | 1533592 |
| \* | Ingevity Corp. | 15733 | 518874 |
|  | Innospec, Inc. | 18589 | 1663344 |
|  | International Flavors & <br> Fragrances, Inc.<br>| 27263 | 2139055 |
|  | International Paper <br> Co.<br>| 275500 | 12584840 |
| \* | Intrepid Potash, Inc. | 8190 | 270598 |
|  | Kaiser Aluminum <br> Corp.<br>| 12604 | 812454 |
| \* | Knife River Corp. | 21675 | 2024012 |
|  | Koppers Holdings, <br> Inc.<br>| 19197 | 481077 |
|  | Kronos Worldwide, <br> Inc.<br>| 44540 | 343403 |
|  | Linde PLC | 28454 | 12896206 |
|  | Louisiana-Pacific <br> Corp.<br>| 31685 | 2734732 |
| \* | LSB Industries, Inc. | 8343 | 53228 |
|  | LyondellBasell <br> Industries NV, <br> Class A<br>| 56733 | 3302428 |
| \* | Magnera Corp. | 133 | 1951 |
|  | Martin Marietta <br> Materials, Inc.<br>| 6201 | 3249200 |
|  | Materion Corp. | 16768 | 1391912 |
|  | Mativ Holdings, Inc. | 36512 | 186576 |
|  | Mercer International, <br> Inc.<br>| 42634 | 190574 |
| \* | Metallus, Inc. | 34377 | 434869 |
|  | Minerals <br> Technologies, Inc.<br>| 24897 | 1284436 |
|  | Mosaic Co. | 56128 | 1706291 |
|  | Myers Industries, Inc. | 26133 | 274397 |
|  | NewMarket Corp. | 3889 | 2392902 |
|  | Newmont Corp. | 204681 | 10782595 |
| \* | Nexa Resources SA | 6124 | 35764 |
|  | Northern Technologies <br> International Corp.<br>| 7510 | 55950 |
|  | Nucor Corp. | 52766 | 6298677 |
| \* | O-I Glass, Inc. | 36552 | 462748 |
|  | Olin Corp. | 79365 | 1715871 |
|  | Olympic Steel, Inc. | 9341 | 301247 |
|  | Orion SA | 30485 | 367039 |
|  | Packaging Corp. of <br> America<br>| 17420 | 3233326 |
| \* | Perimeter Solutions, <br> Inc.<br>| 69028 | 699254 |
|  | PPG Industries, Inc. | 42143 | 4587687 |
|  | Quaker Chemical <br> Corp.<br>| 4811 | 509677 |
|  | Radius Recycling, <br> Inc.<br>| 17455 | 511955 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | Ramaco Resources, <br> Inc. (METC US), <br> Class A<br>| 14569 | $146856 |
|  | Ramaco Resources, <br> Inc. (METCB US), <br> Class B<br>| 2858 | 26208 |
| \* | Ranpak Holdings <br> Corp.<br>| 24217 | 99532 |
| \* | Rayonier Advanced <br> Materials, Inc.<br>| 53324 | 227160 |
|  | Reliance, Inc. | 12676 | 3653603 |
| †† | Resolute Forest <br> Products, Inc.<br>| 66341 | 17667 |
|  | Royal Gold, Inc. | 2833 | 517617 |
|  | RPM International, <br> Inc.<br>| 14838 | 1583957 |
|  | Ryerson Holding <br> Corp.<br>| 20578 | 481114 |
|  | Scotts Miracle-Gro <br> Co.<br>| 359 | 18086 |
|  | Sealed Air Corp. | 42057 | 1159091 |
|  | Sensient Technologies <br> Corp.<br>| 8320 | 781664 |
|  | Sherwin-Williams Co. | 17591 | 6208216 |
|  | Silgan Holdings, Inc. | 48379 | 2498775 |
|  | Smurfit WestRock <br> PLC<br>| 72921 | 3064140 |
|  | Sonoco Products Co. | 49403 | 2025523 |
|  | Southern Copper <br> Corp.<br>| 2858 | 255848 |
|  | Steel Dynamics, Inc. | 33544 | 4350992 |
|  | Stepan Co. | 15898 | 803803 |
|  | SunCoke Energy, Inc. | 60147 | 544932 |
|  | Sylvamo Corp. | 21415 | 1276762 |
| \* | Tredegar Corp. | 3100 | 24087 |
|  | TriMas Corp. | 32821 | 789345 |
|  | Tronox Holdings PLC | 93212 | 504277 |
| \* | U.S. Gold Corp. | 320 | 3510 |
|  | U.S. Lime & Minerals, <br> Inc.<br>| 16311 | 1525242 |
|  | U.S. Steel Corp. | 23922 | 1045631 |
|  | Vulcan Materials Co. | 13435 | 3524404 |
|  | Warrior Met Coal, Inc. | 39602 | 1893768 |
|  | Westlake Corp. | 16252 | 1502172 |
|  | Worthington Steel, <br> Inc.<br>| 36170 | 928122 |
| TOTAL MATERIALS | TOTAL MATERIALS |  | 218873346 |
| REAL ESTATE — (0.3%) | REAL ESTATE — (0.3%) | REAL ESTATE — (0.3%) | REAL ESTATE — (0.3%) |
| \* | AMREP Corp. | 1288 | 29044 |
| \* | Anywhere Real <br> Estate, Inc.<br>| 52791 | 182657 |
| \* | CBRE Group, Inc., <br> Class A<br>| 37401 | 4569654 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) |
| \* | CKX Lands, Inc. | 465 | $4892 |
| \* | Comstock Holding <br> Cos., Inc.<br>| 1210 | 12632 |
| \* | Cushman & Wakefield <br> PLC<br>| 104532 | 979465 |
| \* | Forestar Group, Inc. | 16251 | 312994 |
| \* | FRP Holdings, Inc. | 15968 | 424509 |
| \* | Howard Hughes <br> Holdings, Inc.<br>| 36241 | 2411114 |
| \* | Jones Lang LaSalle, <br> Inc.<br>| 12794 | 2909484 |
| \* | JW Mays, Inc. | 300 | 11148 |
|  | Kennedy-Wilson <br> Holdings, Inc.<br>| 40449 | 258874 |
|  | Marcus & Millichap, <br> Inc.<br>| 31407 | 954773 |
| \* | Millrose Properties, <br> Inc.<br>| 17914 | 448567 |
|  | Newmark Group, Inc., <br> Class A<br>| 47766 | 524948 |
| \* | Rafael Holdings, Inc., <br> Class B<br>| 20549 | 32468 |
| \* | Seaport Entertainment <br> Group, Inc.<br>| 9129 | 174820 |
|  | St. Joe Co. | 660 | 27931 |
| \* | Stratus Properties, <br> Inc.<br>| 5422 | 86047 |
| \* | Tejon Ranch Co. | 15607 | 264227 |
| \* | Zillow Group, Inc. (Z <br> US), Class C<br>| 2877 | 193708 |
| TOTAL REAL ESTATE | TOTAL REAL ESTATE |  | 14813956 |
| UTILITIES — (1.0%) | UTILITIES — (1.0%) | UTILITIES — (1.0%) | UTILITIES — (1.0%) |
|  | AES Corp. | 50853 | 508530 |
|  | ALLETE, Inc. | 9015 | 590392 |
|  | Alliant Energy Corp. | 106 | 6470 |
|  | American Electric <br> Power Co., Inc.<br>| 4958 | 537150 |
|  | American States <br> Water Co.<br>| 7369 | 597700 |
|  | Artesian Resources <br> Corp., Class A<br>| 2539 | 90185 |
|  | Avista Corp. | 15526 | 643863 |
|  | Black Hills Corp. | 9306 | 566735 |
|  | Brookfield Renewable <br> Corp.<br>| 14924 | 424737 |
|  | California Water <br> Service Group<br>| 11519 | 583437 |
|  | CenterPoint Energy, <br> Inc.<br>| 6565 | 254591 |
|  | Chesapeake Utilities <br> Corp.<br>| 4407 | 580270 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) |
|  | Clearway Energy, Inc. <br> (CWEN US), <br> Class C<br>| 10994 | $322564 |
|  | Clearway Energy, Inc. <br> (CWENA US), <br> Class A<br>| 3852 | 105352 |
|  | Consolidated Water <br> Co. Ltd.<br>| 3201 | 74391 |
|  | Dominion Energy, Inc. | 14600 | 793948 |
|  | Edison International | 498 | 26648 |
|  | Essential Utilities, Inc. | 17570 | 722654 |
|  | Evergy, Inc. | 14641 | 1011693 |
|  | Exelon Corp. | 2450 | 114905 |
|  | Genie Energy Ltd., <br> Class B<br>| 19918 | 294189 |
|  | IDACORP, Inc. | 6891 | 813758 |
|  | MDU Resources <br> Group, Inc.<br>| 115868 | 1985978 |
|  | MGE Energy, Inc. | 6993 | 632307 |
|  | Middlesex Water Co. | 3577 | 225780 |
|  | National Fuel Gas <br> Co.<br>| 6336 | 486478 |
|  | New Jersey <br> Resources Corp.<br>| 50395 | 2466331 |
|  | NextEra Energy, Inc. | 400 | 26752 |
|  | NiSource, Inc. | 23000 | 899530 |
|  | Northwest Natural <br> Holding Co.<br>| 2200 | 94820 |
|  | Northwestern Energy <br> Group, Inc.<br>| 11864 | 690841 |
|  | NRG Energy, Inc. | 54744 | 5998848 |
|  | OGE Energy Corp. | 12987 | 589350 |
|  | ONE Gas, Inc. | 7311 | 573987 |
|  | Ormat Technologies, <br> Inc.<br>| 26058 | 1891811 |
| # | Otter Tail Corp. | 8023 | 636866 |
|  | PG&E Corp. | 31166 | 514862 |
|  | Pinnacle West Capital <br> Corp.<br>| 7400 | 704332 |
|  | Portland General <br> Electric Co.<br>| 14270 | 601052 |
|  | Public Service <br> Enterprise Group, <br> Inc.<br>| 1119 | 89442 |
| \* | Pure Cycle Corp. | 2900 | 28710 |
|  | RGC Resources, Inc. | 1634 | 34265 |
|  | Sempra | 7327 | 544176 |
|  | SJW Group | 6796 | 385605 |
|  | Southern Co. | 495 | 45486 |
|  | Southwest Gas <br> Holdings, Inc.<br>| 7654 | 552695 |
|  | Spire, Inc. | 7217 | 552389 |
|  | TXNM Energy, Inc. | 11942 | 635314 |
|  | UGI Corp. | 15083 | 494572 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) |
|  | Unitil Corp. | 3155 | $185072 |
|  | Vistra Corp. | 84904 | 11006106 |
|  | WEC Energy Group, <br> Inc.<br>| 1100 | 120472 |
|  | Xcel Energy, Inc. | 851 | 60166 |
|  | York Water Co. | 2886 | 101587 |
| TOTAL UTILITIES | TOTAL UTILITIES |  | 43520144 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 4284979448 |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| INFORMATION TECHNOLOGY — (0.0%) | INFORMATION TECHNOLOGY — (0.0%) | INFORMATION TECHNOLOGY — (0.0%) | INFORMATION TECHNOLOGY — (0.0%) |
| \* | M-Tron Industries, Inc. <br> Warrants <br> 02/28/2028<br>| 92 | 161 |
| TOTAL <br> RIGHTS/WARRANTS | TOTAL <br> RIGHTS/WARRANTS |  | 161 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $3,025,732,648) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $3,025,732,648) |  | 4284979609 |

---

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| TEMPORARY CASH INVESTMENTS — (0.6%) | TEMPORARY CASH INVESTMENTS — (0.6%) | TEMPORARY CASH INVESTMENTS — (0.6%) | TEMPORARY CASH INVESTMENTS — (0.6%) |
| Ɏ | State Street <br> Institutional <br> U.S. Government <br> Money Market Fund <br> 4.290%<br>| 23931399 | $23931399 |
| SECURITIES LENDING COLLATERAL — (1.7%) | SECURITIES LENDING COLLATERAL — (1.7%) | SECURITIES LENDING COLLATERAL — (1.7%) | SECURITIES LENDING COLLATERAL — (1.7%) |
| @§ | The DFA Short Term <br> Investment Fund <br>| 6509959 | 75287676 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $3,124,959,237) | (Cost $3,124,959,237) |  | $4384198684 |

---

As of April 30, 2025, U.S. Vector Equity Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 123 | 06/20/25 | &nbsp;&nbsp; $34629185 | &nbsp;&nbsp; $34360050 | &nbsp;&nbsp; $(269135)<br>|
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$34629185** | &nbsp;&nbsp; **$34360050** | &nbsp;&nbsp; **$(269135)**<br>|

---

As of April 30, 2025, the value of Rule 144A securities amounted to $20,048 or 0.0% of net assets.

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Communication Services | &nbsp;&nbsp; $307840099 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $307840099 |
| Consumer Discretionary | &nbsp;&nbsp; 448031926 | &nbsp;&nbsp; $97748 | &nbsp;&nbsp; — | &nbsp;&nbsp; 448129674 |
| Consumer Staples | &nbsp;&nbsp; 294420803 | &nbsp;&nbsp; 112603 | &nbsp;&nbsp; — | &nbsp;&nbsp; 294533406 |
| Energy | &nbsp;&nbsp; 265161266 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 265161266 |
| Financials | &nbsp;&nbsp; 872242874 | &nbsp;&nbsp; 203966 | &nbsp;&nbsp; — | &nbsp;&nbsp; 872446840 |
| Health Care | &nbsp;&nbsp; 391392953 | &nbsp;&nbsp; — | &nbsp;&nbsp; $383075 | &nbsp;&nbsp; 391776028 |

---

------

**U.S. Vector Equity Portfolio**

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Industrials | &nbsp;&nbsp; $608688346 | &nbsp;&nbsp; $538888 | &nbsp;&nbsp; $373 | &nbsp;&nbsp; $609227607 |
| Information Technology | &nbsp;&nbsp; 818657082 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 818657082 |
| Materials | &nbsp;&nbsp; 218855679 | &nbsp;&nbsp; — | &nbsp;&nbsp; 17667 | &nbsp;&nbsp; 218873346 |
| Real Estate | &nbsp;&nbsp; 14802808 | &nbsp;&nbsp; 11148 | &nbsp;&nbsp; — | &nbsp;&nbsp; 14813956 |
| Utilities | &nbsp;&nbsp; 43520144 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 43520144 |
| Rights/Warrants |  |  |  |  |
| Information Technology | &nbsp;&nbsp; — | &nbsp;&nbsp; 161 | &nbsp;&nbsp; — | &nbsp;&nbsp; 161 |
| Temporary Cash Investments | &nbsp;&nbsp; 23931399 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 23931399 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 75287676 | &nbsp;&nbsp; — | &nbsp;&nbsp; 75287676 |
| Total Investments in Securities | &nbsp;&nbsp; $4307545379 | &nbsp;&nbsp; $76252190 | &nbsp;&nbsp; $401,115˂˃ | &nbsp;&nbsp; $4384198684 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Liabilities** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; (269135) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (269135) |
| Total Financial Instruments | &nbsp;&nbsp; $(269135) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $(269135) |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

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

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

------

**U.S. Small Cap Portfolio**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)**

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMON STOCKS — (90.9%) | COMMON STOCKS — (90.9%) | COMMON STOCKS — (90.9%) | COMMON STOCKS — (90.9%) |
| COMMUNICATION SERVICES — (2.3%) | COMMUNICATION SERVICES — (2.3%) | COMMUNICATION SERVICES — (2.3%) | COMMUNICATION SERVICES — (2.3%) |
| \* | Advantage Solutions, <br> Inc.<br>| 129826 | $173967 |
| #\* | Altice USA, Inc., <br> Class A<br>| 489521 | 1214012 |
| \* | AMC Networks, Inc., <br> Class A<br>| 135012 | 864077 |
| \* | Angi, Inc. | 49639 | 568863 |
| \* | Anterix, Inc. | 62611 | 1868938 |
| #\* | Atlanta Braves <br> Holdings, Inc. <br> (2291915D US), <br> Class A<br>| 56388 | 2450059 |
| \* | Atlanta Braves <br> Holdings, Inc. <br> (2292098D US), <br> Class C<br>| 186363 | 7428429 |
|  | ATN International, <br> Inc.<br>| 62836 | 1111569 |
| \* | Bandwidth, Inc., <br> Class A<br>| 94188 | 1169815 |
| \* | Boston Omaha Corp., <br> Class A<br>| 115892 | 1799803 |
| \* | Bumble, Inc., Class A | 166011 | 700566 |
| \* | BuzzFeed, Inc. | 14276 | 27838 |
| # | Cable One, Inc. | 8324 | 2224756 |
| #\* | Cardlytics, Inc. | 100029 | 144042 |
| \* | Cargurus, Inc. | 414333 | 11584751 |
| \* | Cars.com, Inc. | 342486 | 3986537 |
| # | Cinemark Holdings, <br> Inc.<br>| 571476 | 17092847 |
| # | Cogent <br> Communications <br> Holdings, Inc.<br>| 56202 | 3054579 |
| \* | DHI Group, Inc. | 177446 | 250199 |
| \* | EchoStar Corp., <br> Class A<br>| 3838 | 86278 |
|  | Entravision <br> Communications <br> Corp., Class A<br>| 70633 | 129258 |
| \* | Eventbrite, Inc., <br> Class A<br>| 17152 | 36362 |
| \* | EverQuote, Inc., <br> Class A<br>| 93037 | 2208698 |
| \* | EW Scripps Co., <br> Class A<br>| 317411 | 637996 |
| \* | Frontier <br> Communications <br> Parent, Inc.<br>| 491581 | 17819811 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
| \* | Gaia, Inc. | 11477 | $60139 |
| \* | Gambling.com Group <br> Ltd.<br>| 132194 | 1701337 |
| \* | Gannett Co., Inc. | 344819 | 1103421 |
| \* | Globalstar, Inc. | 17432 | 335043 |
| #\* | Gogo, Inc. | 220488 | 1669094 |
|  | Gray Media, Inc. | 213825 | 716314 |
|  | Gray Media, Inc., <br> Class A<br>| 3603 | 27547 |
| \* | Harte Hanks, Inc. | 6069 | 30345 |
|  | IDT Corp., Class B | 189573 | 9526043 |
| #\* | IMAX Corp. | 239845 | 5835429 |
| \* | Integral Ad Science <br> Holding Corp.<br>| 294308 | 2080758 |
| \* | Intelligent Protection <br> Management Corp.<br>| 3698 | 6730 |
|  | Iridium <br> Communications, <br> Inc.<br>| 446937 | 10784590 |
|  | John Wiley & Sons, <br> Inc. (WLY US), <br> Class A<br>| 203136 | 8864855 |
| \* | Liberty Broadband <br> Corp. (LBRDA US), <br> Class A<br>| 7116 | 633680 |
| \* | Liberty Broadband <br> Corp. (LBRDK US), <br> Class C<br>| 50567 | 4570751 |
| \* | Liberty Global Ltd. <br> (LBTYA US), <br> Class A<br>| 508558 | 5568710 |
| \* | Liberty Global Ltd. <br> (LBTYK US), <br> Class C<br>| 492456 | 5584451 |
| \* | Liberty Latin America <br> Ltd. (LILA US), <br> Class A<br>| 122362 | 663202 |
| \* | Liberty Latin America <br> Ltd. (LILAK US), <br> Class C<br>| 723303 | 3978167 |
| \* | Lions Gate <br> Entertainment Corp. <br> (LGF/B US), <br> Class B<br>| 189069 | 1508771 |
| \* | Lumen Technologies, <br> Inc.<br>| 2806774 | 9935980 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
| \* | Madison Square <br> Garden <br> Entertainment <br> Corp.<br>| 162790 | $5280908 |
| \* | Madison Square <br> Garden Sports <br> Corp.<br>| 65337 | 12581946 |
| #\* | Magnite, Inc. | 596763 | 7095512 |
|  | Marcus Corp. | 104379 | 1702422 |
| # | Match Group, Inc. | 784182 | 23258838 |
|  | National CineMedia, <br> Inc.<br>| 52117 | 298630 |
|  | New York Times Co., <br> Class A<br>| 547822 | 28519613 |
| # | Nexstar Media Group, <br> Inc.<br>| 117868 | 17640125 |
| \* | Nextdoor Holdings, <br> Inc.<br>| 304121 | 447058 |
| \* | Outbrain, Inc. | 37329 | 132145 |
| # | Paramount Global <br> (PARA US), <br> Class B<br>| 393255 | 4616814 |
| # | Paramount Global <br> (PARAA US), <br> Class A<br>| 4805 | 108881 |
| \*» | Pegasus Cos., Inc. | 34 | 986 |
|  | Playtika Holding <br> Corp.<br>| 66278 | 349285 |
| \* | PubMatic, Inc., <br> Class A<br>| 170646 | 1667211 |
| \* | QuinStreet, Inc. | 255897 | 4483315 |
| \*» | Reading International, <br> Inc. (RDIB US), <br> Class B<br>| 2710 | 30108 |
| \* | Reservoir Media, Inc. | 7519 | 56393 |
| \* | Roku, Inc. | 85920 | 5858026 |
|  | Saga <br> Communications, <br> Inc., Class A<br>| 22213 | 252118 |
|  | Scholastic Corp. | 121945 | 2198668 |
|  | Shenandoah <br> Telecommunications <br> Co.<br>| 266548 | 2969345 |
| # | Shutterstock, Inc. | 146622 | 2340087 |
| # | Sinclair, Inc. | 183316 | 2639750 |
| #\* | Sphere Entertainment <br> Co.<br>| 128024 | 3488654 |
|  | Spok Holdings, Inc. | 92293 | 1323482 |
| \* | Stagwell, Inc. | 359373 | 2005301 |
| \* | Sunrise <br> Communications <br> AG, ADR, Class A<br>| 158634 | 8553545 |
| \* | TechTarget, Inc. | 193190 | 1539724 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
|  | TEGNA, Inc. | 777212 | $12614151 |
|  | Telephone & Data <br> Systems, Inc.<br>| 465425 | 17448783 |
| \* | Thryv Holdings, Inc. | 110077 | 1508055 |
|  | Townsquare Media, <br> Inc., Class A<br>| 2630 | 17411 |
| \* | Travelzoo | 32019 | 444104 |
| \* | TripAdvisor, Inc. | 515810 | 6421835 |
| \* | TrueCar, Inc. | 381658 | 568670 |
| \* | U.S. Cellular Corp. | 85340 | 5859444 |
| \* | Urban One, Inc. <br> (UONE US)<br>| 38196 | 57294 |
| \* | Urban One, Inc. <br> (UONEK US)<br>| 48078 | 24616 |
| \* | Vimeo, Inc. | 689348 | 3474314 |
| #\* | Vivid Seats, Inc., <br> Class A<br>| 516035 | 1450058 |
| \* | WideOpenWest, Inc. | 5163 | 22614 |
| \* | Yelp, Inc. | 305702 | 10724026 |
| \* | Zedge, Inc., Class B | 9282 | 22462 |
| \* | Ziff Davis, Inc. | 184611 | 5451563 |
| \* | ZoomInfo <br> Technologies, Inc.<br>| 884918 | 7574898 |
| TOTAL COMMUNICATION <br> SERVICES | TOTAL COMMUNICATION <br> SERVICES |  | 368942595 |
| CONSUMER DISCRETIONARY — (12.4%) | CONSUMER DISCRETIONARY — (12.4%) | CONSUMER DISCRETIONARY — (12.4%) | CONSUMER DISCRETIONARY — (12.4%) |
| #\* | 1-800-Flowers.com, <br> Inc., Class A<br>| 264321 | 1461695 |
| \* | 1stdibs.com, Inc. | 13958 | 34476 |
| \* | Abercrombie & Fitch <br> Co., Class A<br>| 228272 | 15846642 |
| # | Academy Sports & <br> Outdoors, Inc.<br>| 339271 | 12783731 |
| \* | Accel Entertainment, <br> Inc.<br>| 121562 | 1252089 |
| # | Acushnet Holdings <br> Corp.<br>| 286598 | 18978520 |
| \* | Adient PLC | 335579 | 4245074 |
|  | ADT, Inc. | 2005044 | 16080453 |
| \* | Adtalem Global <br> Education, Inc.<br>| 261543 | 27775867 |
| # | Advance Auto Parts, <br> Inc.<br>| 169043 | 5531087 |
|  | A-Mark Precious <br> Metals, Inc.<br>| 104315 | 2541113 |
|  | AMCON Distributing <br> Co.<br>| 3090 | 371665 |
| \* | American Axle & <br> Manufacturing <br> Holdings, Inc.<br>| 689114 | 2632415 |
|  | American Eagle <br> Outfitters, Inc.<br>| 842095 | 8867260 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | American Outdoor <br> Brands, Inc.<br>| 94253 | $1057990 |
| \* | American Public <br> Education, Inc.<br>| 60678 | 1425933 |
| \* | America's Car-Mart, <br> Inc.<br>| 37571 | 1781617 |
| #\* | AMMO, Inc. | 31899 | 62841 |
|  | Aramark | 686430 | 22947355 |
| \* | Arhaus, Inc. | 217116 | 1706532 |
|  | Ark Restaurants <br> Corp.<br>| 16816 | 155716 |
|  | Arko Corp. | 248284 | 999343 |
| \* | Asbury Automotive <br> Group, Inc.<br>| 84687 | 18473622 |
|  | Autoliv, Inc. | 215050 | 20049111 |
| \* | AutoNation, Inc. | 174621 | 30410247 |
|  | Bassett Furniture <br> Industries, Inc.<br>| 109746 | 1937017 |
|  | Bath & Body Works, <br> Inc.<br>| 558131 | 17028577 |
| \* | Beazer Homes USA, <br> Inc.<br>| 64485 | 1261327 |
| #\* | Beyond, Inc. | 73167 | 297790 |
| \* | Biglari Holdings, Inc. <br> (BH US), Class B<br>| 11401 | 2655407 |
| \* | Biglari Holdings, Inc. <br> (BH/A US), Class A<br>| 244 | 279868 |
| \* | Birkenstock Holding <br> PLC<br>| 124154 | 6385240 |
| \* | BJ's Restaurants, Inc. | 103845 | 3457000 |
|  | Bloomin' Brands, Inc. | 394209 | 3161556 |
| \* | Boot Barn Holdings, <br> Inc.<br>| 138637 | 14465385 |
|  | BorgWarner, Inc. | 710811 | 20172816 |
| \* | Bright Horizons Family <br> Solutions, Inc.<br>| 214060 | 26847405 |
| \* | Brinker International, <br> Inc.<br>| 237814 | 31938420 |
|  | Brunswick Corp. | 281371 | 12957135 |
|  | Buckle, Inc. | 226755 | 7882004 |
| # | Build-A-Bear <br> Workshop, Inc.<br>| 61187 | 2158677 |
| # | Caleres, Inc. | 153101 | 2333259 |
|  | Camping World <br> Holdings, Inc., <br> Class A<br>| 235545 | 2840673 |
| \* | Capri Holdings Ltd. | 87578 | 1317173 |
| \* | CarMax, Inc. | 8307 | 537214 |
|  | Carriage Services, <br> Inc.<br>| 73556 | 2939298 |
|  | Carter's, Inc. | 151819 | 5017618 |
|  | Cato Corp., Class A | 66070 | 155925 |
| \* | Cavco Industries, Inc. | 42561 | 21018750 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Century Communities, <br> Inc.<br>| 193880 | $10574215 |
| \* | Champion Homes, <br> Inc.<br>| 260780 | 22557470 |
| # | Cheesecake Factory, <br> Inc.<br>| 234400 | 11806728 |
| \* | Chegg, Inc. | 155810 | 113305 |
| # | Choice Hotels <br> International, Inc.<br>| 159119 | 20066497 |
|  | Churchill Downs, Inc. | 7419 | 670752 |
| \* | Citi Trends, Inc. | 45230 | 1009986 |
|  | Clarus Corp. | 133117 | 437955 |
| # | Columbia Sportswear <br> Co.<br>| 226991 | 14112030 |
| \* | ContextLogic, Inc., <br> Class A<br>| 21729 | 155145 |
| \* | Cooper-Standard <br> Holdings, Inc.<br>| 78882 | 1157199 |
| \* | Coursera, Inc. | 448034 | 3772446 |
| # | Cracker Barrel Old <br> Country Store, Inc.<br>| 90737 | 3874470 |
|  | Cricut, Inc., Class A | 48971 | 243876 |
| \* | Crocs, Inc. | 209863 | 20234990 |
|  | Crown Crafts, Inc. | 7793 | 23301 |
| \* | Culp, Inc. | 31633 | 120205 |
|  | Dana, Inc. | 602247 | 8274874 |
| #\* | Dave & Buster's <br> Entertainment, Inc.<br>| 168480 | 3233131 |
| \* | Denny's Corp. | 204174 | 753402 |
|  | Designer Brands, Inc., <br> Class A<br>| 182251 | 508480 |
| \* | Destination XL Group, <br> Inc.<br>| 246950 | 244382 |
| # | Dillard's, Inc., Class A | 48607 | 16850103 |
| # | Dine Brands Global, <br> Inc.<br>| 63909 | 1272428 |
| \* | Dorman Products, <br> Inc.<br>| 141900 | 16077270 |
| #\* | Dream Finders <br> Homes, Inc., <br> Class A<br>| 115971 | 2627903 |
| \* | Duluth Holdings, Inc., <br> Class B<br>| 114252 | 198798 |
| \* | Dutch Bros, Inc., <br> Class A<br>| 323819 | 19344947 |
| \* | El Pollo Loco <br> Holdings, Inc.<br>| 136303 | 1274433 |
| \* | Envela Corp. | 19113 | 121750 |
|  | Escalade, Inc. | 56160 | 852509 |
|  | Ethan Allen Interiors, <br> Inc.<br>| 148194 | 4213155 |
| \* | Etsy, Inc. | 308688 | 13421754 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | European Wax <br> Center, Inc., <br> Class A<br>| 144336 | $450328 |
| #\* | Everi Holdings, Inc. | 159180 | 2236479 |
| \* | Figs, Inc., Class A | 387738 | 1562584 |
| #\* | First Watch <br> Restaurant Group, <br> Inc.<br>| 245013 | 4326930 |
| \* | Five Below, Inc. | 118115 | 8963747 |
|  | Flanigan's <br> Enterprises, Inc.<br>| 9481 | 232284 |
|  | Flexsteel Industries, <br> Inc.<br>| 29551 | 986708 |
| #\* | Floor & Decor <br> Holdings, Inc., <br> Class A<br>| 210792 | 15058980 |
| #\* | Foot Locker, Inc. | 379389 | 4655103 |
| \* | Fox Factory Holding <br> Corp.<br>| 189770 | 3854229 |
| \* | Frontdoor, Inc. | 382851 | 15739005 |
| \* | Full House Resorts, <br> Inc.<br>| 33015 | 106638 |
| #\* | Funko, Inc., Class A | 211914 | 849775 |
|  | Gap, Inc. | 1393581 | 30519424 |
| # | Garrett Motion, Inc. | 750678 | 6921251 |
| \* | Genesco, Inc. | 48706 | 944896 |
|  | Gentex Corp. | 659671 | 14367634 |
| \* | Gentherm, Inc. | 137220 | 3569092 |
| \* | G-III Apparel Group <br> Ltd.<br>| 198864 | 5015350 |
| \* | Global Business <br> Travel Group I<br>| 84808 | 569062 |
|  | Golden Entertainment, <br> Inc.<br>| 29776 | 765243 |
| \* | Goodyear Tire & <br> Rubber Co.<br>| 1189350 | 12940128 |
|  | Graham Holdings Co., <br> Class B<br>| 25643 | 23592842 |
| \* | Grand Canyon <br> Education, Inc.<br>| 132023 | 23548943 |
| \* | Green Brick Partners, <br> Inc.<br>| 103821 | 6124401 |
|  | Group 1 Automotive, <br> Inc.<br>| 71135 | 28712220 |
| \* | Groupon, Inc. | 25913 | 471876 |
| \* | GrowGeneration <br> Corp.<br>| 61041 | 71418 |
| # | Guess?, Inc. | 221473 | 2491571 |
|  | H&R Block, Inc. | 613911 | 37061807 |
|  | Hamilton Beach <br> Brands Holding Co., <br> Class A<br>| 48659 | 963448 |
| \* | Hanesbrands, Inc. | 1391199 | 6385603 |
| # | Harley-Davidson, Inc. | 512904 | 11499308 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Hasbro, Inc. | 409777 | $25365196 |
|  | Haverty Furniture <br> Cos., Inc. (HVT <br> US)<br>| 69396 | 1260231 |
|  | Haverty Furniture <br> Cos., Inc. (HVT/A <br> US), Class A<br>| 3785 | 69455 |
| \* | Helen of Troy Ltd. | 97994 | 2730113 |
| \* | Hilton Grand <br> Vacations, Inc.<br>| 350735 | 11795218 |
| \* | Holley, Inc. | 54383 | 116923 |
|  | Hooker Furnishings <br> Corp.<br>| 48234 | 463046 |
| \* | Hovnanian <br> Enterprises, Inc., <br> Class A<br>| 20221 | 1957393 |
| \* | Inspired <br> Entertainment, Inc.<br>| 58719 | 435108 |
|  | Installed Building <br> Products, Inc.<br>| 125792 | 20860087 |
|  | International Game <br> Technology PLC<br>| 330684 | 5423218 |
| \* | iRobot Corp. | 24373 | 59714 |
|  | J Jill, Inc. | 62295 | 948130 |
| # | Jack in the Box, Inc. | 85843 | 2235352 |
|  | JAKKS Pacific, Inc. | 45706 | 881669 |
|  | Johnson Outdoors, <br> Inc., Class A<br>| 38287 | 874092 |
|  | KB Home | 323775 | 17493563 |
| # | Kohl's Corp. | 460503 | 3085370 |
|  | Kontoor Brands, Inc. | 244012 | 14677322 |
| # | Krispy Kreme, Inc. | 421520 | 1728232 |
| #\* | Kura Sushi USA, Inc., <br> Class A<br>| 41168 | 2423972 |
|  | Lakeland Industries, <br> Inc.<br>| 46510 | 759508 |
| \* | Lands' End, Inc. | 131963 | 1171831 |
| \* | Landsea Homes <br> Corp.<br>| 101225 | 617472 |
| \* | Latham Group, Inc. | 60309 | 329589 |
| \* | Laureate Education, <br> Inc.<br>| 703137 | 14111960 |
| \*†† | Lazare Kaplan <br> International, Inc.<br>| 9600 | 0 |
| # | La-Z-Boy, Inc. | 188848 | 7459496 |
|  | LCI Industries | 115391 | 8894338 |
|  | Lear Corp. | 161242 | 13826501 |
| \* | Legacy Housing <br> Corp.<br>| 58335 | 1418999 |
|  | Leggett & Platt, Inc. | 88405 | 850456 |
| #\* | Leslie's, Inc. | 28227 | 16942 |
|  | Levi Strauss & Co., <br> Class A<br>| 332555 | 5324206 |
| \* | LGI Homes, Inc. | 103215 | 5636571 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | Life Time Group <br> Holdings, Inc.<br>| 459623 | $14092041 |
|  | Lifetime Brands, Inc. | 69325 | 252343 |
| \* | Light & Wonder, Inc. | 52081 | 4446676 |
| \* | Lincoln Educational <br> Services Corp.<br>| 133120 | 2249728 |
| \* | Lindblad Expeditions <br> Holdings, Inc.<br>| 67613 | 597699 |
|  | Lithia Motors, Inc. | 72856 | 21329323 |
| \* | Live Ventures, Inc. | 8538 | 97419 |
|  | LKQ Corp. | 64170 | 2451936 |
| #\* | Lovesac Co. | 62910 | 1223599 |
| #\* | Lucid Group, Inc. | 868821 | 2180741 |
| \* | M/I Homes, Inc. | 122874 | 13108198 |
| # | Macy's, Inc. | 1117953 | 12767023 |
| \* | Malibu Boats, Inc., <br> Class A<br>| 103456 | 2954703 |
|  | Marine Products <br> Corp.<br>| 104268 | 875851 |
| \* | MarineMax, Inc. | 99501 | 2135291 |
|  | Marriott Vacations <br> Worldwide Corp.<br>| 167944 | 9205011 |
| \* | MasterCraft Boat <br> Holdings, Inc.<br>| 68748 | 1130217 |
| \* | Mattel, Inc. | 1052421 | 16722970 |
|  | Meritage Homes <br> Corp.<br>| 325219 | 22160423 |
| \* | Mister Car Wash, Inc. | 437294 | 2999837 |
| \* | Modine Manufacturing <br> Co.<br>| 238248 | 19450567 |
| \* | Mohawk Industries, <br> Inc.<br>| 197511 | 21005295 |
|  | Monarch Casino & <br> Resort, Inc.<br>| 25536 | 1996660 |
| # | Monro, Inc. | 121018 | 1686991 |
| \* | Motorcar Parts of <br> America, Inc.<br>| 83417 | 743245 |
|  | Movado Group, Inc. | 68612 | 953021 |
|  | Murphy USA, Inc. | 30162 | 15037868 |
|  | Nathan's Famous, <br> Inc.<br>| 49462 | 4834910 |
| \* | National Vision <br> Holdings, Inc.<br>| 325535 | 4020357 |
|  | Newell Brands, Inc. | 1640357 | 7840906 |
| \* | Norwegian Cruise <br> Line Holdings Ltd.<br>| 1166634 | 18701143 |
| \* | ODP Corp. | 133691 | 1828893 |
| \* | Ollie's Bargain Outlet <br> Holdings, Inc.<br>| 277686 | 29465261 |
| \* | ONE Group <br> Hospitality, Inc.<br>| 9083 | 27340 |
|  | OneSpaWorld <br> Holdings Ltd.<br>| 457453 | 7639465 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| #\* | OneWater Marine, <br> Inc., Class A<br>| 31857 | $478174 |
| # | Oxford Industries, Inc. | 70826 | 3442144 |
| # | Papa John's <br> International, Inc.<br>| 158935 | 5488026 |
| # | Patrick Industries, <br> Inc.<br>| 152467 | 11736910 |
|  | Penske Automotive <br> Group, Inc.<br>| 9384 | 1460807 |
|  | Perdoceo Education <br> Corp.<br>| 307089 | 7714076 |
| \* | Petco Health & <br> Wellness Co., Inc.<br>| 319117 | 941395 |
| \* | PetMed Express, Inc. | 4099 | 13855 |
|  | Phinia, Inc. | 114439 | 4594726 |
| \* | Planet Fitness, Inc., <br> Class A<br>| 292789 | 27694912 |
| \* | Playa Hotels & <br> Resorts NV<br>| 154223 | 2069673 |
| \* | PlayAGS, Inc. | 44994 | 545327 |
| # | Polaris, Inc. | 181667 | 6169411 |
| #\* | Portillo's, Inc., <br> Class A<br>| 148661 | 1537155 |
| \* | Potbelly Corp. | 120539 | 976366 |
| # | PVH Corp. | 240283 | 16574721 |
| #\* | QuantumScape Corp. | 1092200 | 4270502 |
|  | RCI Hospitality <br> Holdings, Inc.<br>| 40604 | 1611167 |
| #\* | Red Robin Gourmet <br> Burgers, Inc.<br>| 13832 | 40389 |
|  | Red Rock Resorts, <br> Inc., Class A<br>| 66206 | 2826996 |
| #\* | Revolve Group, Inc. | 162022 | 3220997 |
| \* | RH | 61391 | 11297786 |
|  | Rocky Brands, Inc. | 59256 | 1267486 |
| \* | RumbleON, Inc., <br> Class B<br>| 1094 | 2768 |
| \* | Rush Street <br> Interactive, Inc.<br>| 113217 | 1373322 |
| \* | Sabre Corp. | 797063 | 1889039 |
| \* | Sally Beauty Holdings, <br> Inc.<br>| 441148 | 3590945 |
| \* | Savers Value Village, <br> Inc.<br>| 22609 | 216820 |
| \* | Shake Shack, Inc., <br> Class A<br>| 181639 | 15937006 |
| \* | SharkNinja, Inc. | 3341 | 268950 |
|  | Shoe Carnival, Inc. | 149999 | 2606983 |
|  | Signet Jewelers Ltd. | 194389 | 11527268 |
| \* | Skechers USA, Inc., <br> Class A<br>| 336453 | 16156473 |
| #\* | Sleep Number Corp. | 122700 | 955833 |
|  | Smith & Wesson <br> Brands, Inc.<br>| 232188 | 2212752 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | Soho House & Co., <br> Inc.<br>| 28388 | $170612 |
| # | Somnigroup <br> International, Inc.<br>| 339904 | 20754538 |
|  | Sonic Automotive, <br> Inc., Class A<br>| 148650 | 9026028 |
| \* | Sonos, Inc. | 500956 | 4613805 |
| \* | Sportsman's <br> Warehouse <br> Holdings, Inc.<br>| 138268 | 230908 |
|  | Standard Motor <br> Products, Inc.<br>| 97950 | 2654445 |
|  | Steven Madden Ltd. | 328660 | 6901860 |
| #\* | Stitch Fix, Inc., <br> Class A<br>| 454245 | 1485381 |
| \* | Stoneridge, Inc. | 121699 | 469758 |
|  | Strategic Education, <br> Inc.<br>| 120984 | 9869875 |
| \* | Strattec Security <br> Corp.<br>| 12300 | 409836 |
| #\* | Stride, Inc. | 287387 | 40880801 |
|  | Sturm Ruger & Co., <br> Inc.<br>| 25485 | 1036220 |
|  | Superior Group of <br> Cos., Inc.<br>| 51541 | 534996 |
| #\* | Sweetgreen, Inc., <br> Class A<br>| 398455 | 7761903 |
| \* | Target Hospitality <br> Corp.<br>| 14855 | 101014 |
| \* | Taylor Morrison Home <br> Corp.<br>| 672639 | 38575847 |
| # | Thor Industries, Inc. | 203555 | 14741453 |
| \* | Tile Shop Holdings, <br> Inc.<br>| 201144 | 1140486 |
| #\* | Tilly's, Inc., Class A | 94981 | 145321 |
|  | Toll Brothers, Inc. | 138 | 13920 |
| \* | TopBuild Corp. | 54916 | 16241956 |
| #\* | Topgolf Callaway <br> Brands Corp.<br>| 749547 | 4954506 |
| \* | Traeger, Inc. | 3567 | 5208 |
|  | Travel & Leisure Co. | 314476 | 13814931 |
| \* | Tri Pointe Homes, <br> Inc.<br>| 644176 | 19808412 |
| \* | Udemy, Inc. | 56201 | 386101 |
| #\* | Under Armour, Inc. <br> (UA US), Class C<br>| 868372 | 4723944 |
| \* | Under Armour, Inc. <br> (UAA US), Class A<br>| 820506 | 4693294 |
| \* | Unifi, Inc. | 76303 | 388382 |
| #\* | United Parks & <br> Resorts, Inc.<br>| 249373 | 10885131 |
| \* | Universal Electronics, <br> Inc.<br>| 50335 | 244125 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | Universal Technical <br> Institute, Inc.<br>| 237364 | $6660434 |
|  | Upbound Group, Inc. | 244628 | 4868097 |
| \* | Urban Outfitters, Inc. | 584822 | 30866905 |
| # | Vail Resorts, Inc. | 117519 | 16358645 |
| #\* | Valvoline, Inc. | 843415 | 28895398 |
| \* | Vera Bradley, Inc. | 120510 | 234994 |
| # | VF Corp. | 1168787 | 13885190 |
| \* | Victoria's Secret & <br> Co.<br>| 292465 | 5498342 |
| \* | Visteon Corp. | 131585 | 10420216 |
| \* | Warby Parker, Inc., <br> Class A<br>| 377715 | 6236075 |
| # | Wendy's Co. | 908532 | 11356650 |
|  | Weyco Group, Inc. | 56691 | 1695061 |
| # | Whirlpool Corp. | 166189 | 12676897 |
| # | Wingstop, Inc. | 66076 | 17436796 |
|  | Winmark Corp. | 18457 | 6644705 |
|  | Winnebago Industries, <br> Inc.<br>| 128685 | 4094757 |
| # | Wolverine World <br> Wide, Inc.<br>| 125330 | 1635556 |
| \* | Worksport Ltd. | 2854 | 9076 |
|  | Wyndham Hotels & <br> Resorts, Inc.<br>| 271986 | 23200406 |
|  | Wynn Resorts Ltd. | 216336 | 17373944 |
| #\*Ω | XPEL, Inc. | 73726 | 2111513 |
| \* | YETI Holdings, Inc. | 353561 | 10094167 |
| \* | Zumiez, Inc. | 85354 | 998642 |
| TOTAL CONSUMER <br> DISCRETIONARY | TOTAL CONSUMER <br> DISCRETIONARY |  | 1969418971 |
| CONSUMER STAPLES — (4.2%) | CONSUMER STAPLES — (4.2%) | CONSUMER STAPLES — (4.2%) | CONSUMER STAPLES — (4.2%) |
|  | Alico, Inc. | 33310 | 950667 |
|  | Andersons, Inc. | 185402 | 6991509 |
|  | B&G Foods, Inc. | 264167 | 1820111 |
| \* | BellRing Brands, Inc. | 570517 | 44009681 |
| \* | Boston Beer Co., Inc. <br> , Class A<br>| 38918 | 9566044 |
| \* | Bridgford Foods <br> Corp.<br>| 27242 | 221477 |
|  | Bunge Global SA | 91770 | 7224134 |
|  | Calavo Growers, Inc. | 73715 | 2036008 |
| # | Cal-Maine Foods, Inc. | 226409 | 21139808 |
| #\* | Celsius Holdings, Inc. | 403110 | 14092726 |
| #\* | Central Garden & Pet <br> Co. (CENT US)<br>| 60642 | 2035146 |
| \* | Central Garden & Pet <br> Co. (CENTA US), <br> Class A<br>| 227543 | 6728447 |
| \* | Chefs' Warehouse, <br> Inc.<br>| 182481 | 10395943 |
|  | Coca-Cola <br> Consolidated, Inc.<br>| 13914 | 18864740 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
| \* | Coffee Holding Co., <br> Inc.<br>| 700 | $2415 |
| \* | Coty, Inc., Class A | 1714449 | 8657967 |
| \* | Darling Ingredients, <br> Inc.<br>| 464759 | 14960592 |
|  | Dole PLC | 150188 | 2281356 |
|  | Edgewell Personal <br> Care Co.<br>| 233237 | 7125390 |
| #\* | elf Beauty, Inc. | 101903 | 6304739 |
|  | Energizer Holdings, <br> Inc.<br>| 198904 | 5378364 |
| \* | Farmer Bros Co. | 5498 | 10281 |
|  | Flowers Foods, Inc. | 771950 | 13578600 |
|  | Fresh Del Monte <br> Produce, Inc.<br>| 275428 | 9367306 |
| \*» | Fresh Market, Inc. | 285242 | 0 |
| #\* | Freshpet, Inc. | 263307 | 19363597 |
| \* | Grocery Outlet <br> Holding Corp.<br>| 383935 | 6446269 |
| \* | Hain Celestial Group, <br> Inc.<br>| 172274 | 523713 |
| #\* | Herbalife Ltd. | 317543 | 2286310 |
| \* | HF Foods Group, Inc. | 18597 | 69739 |
| \* | Honest Co., Inc. | 348915 | 1671303 |
|  | Ingles Markets, Inc., <br> Class A<br>| 64658 | 3988752 |
|  | Ingredion, Inc. | 260648 | 34619267 |
|  | Interparfums, Inc. | 158523 | 17310712 |
|  | J&J Snack Foods <br> Corp.<br>| 90100 | 11676059 |
|  | John B Sanfilippo & <br> Son, Inc.<br>| 41159 | 2727607 |
| \* | Laird Superfood, Inc. | 12003 | 70218 |
|  | Lamb Weston <br> Holdings, Inc.<br>| 296104 | 15637252 |
|  | Lancaster Colony <br> Corp.<br>| 132415 | 21554514 |
| # | Lifevantage Corp. | 72727 | 899633 |
| \* | Lifeway Foods, Inc. | 18475 | 437488 |
|  | Limoneira Co. | 73112 | 1098873 |
| #\* | Mama's Creations, <br> Inc.<br>| 110327 | 728158 |
| \* | Maplebear, Inc. | 1883 | 75113 |
| \* | Medifast, Inc. | 27952 | 367289 |
|  | MGP Ingredients, Inc. | 96390 | 2840613 |
| \* | Mission Produce, Inc. | 91082 | 954084 |
|  | National Beverage <br> Corp.<br>| 287177 | 12750659 |
| \* | Natural Alternatives <br> International, Inc.<br>| 25533 | 76599 |
|  | Natural Grocers by <br> Vitamin Cottage, <br> Inc.<br>| 114074 | 5721952 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
|  | Natural Health Trends <br> Corp.<br>| 2240 | $11110 |
| \* | Nature's Sunshine <br> Products, Inc.<br>| 74912 | 922916 |
|  | Nu Skin Enterprises, <br> Inc., Class A<br>| 26534 | 167960 |
|  | Oil-Dri Corp. of <br> America<br>| 56680 | 2385661 |
| \* | Olaplex Holdings, Inc. | 5163 | 6764 |
|  | Pilgrim's Pride Corp. | 193561 | 10564559 |
| \* | Post Holdings, Inc. | 248682 | 28143342 |
|  | PriceSmart, Inc. | 139595 | 14167497 |
|  | Reynolds Consumer <br> Products, Inc.<br>| 464939 | 10693597 |
| \* | Rocky Mountain <br> Chocolate Factory, <br> Inc.<br>| 13940 | 17843 |
|  | Seaboard Corp. | 3448 | 8916459 |
| \* | Seneca Foods Corp. <br> (SENEA US), <br> Class A<br>| 58717 | 5266328 |
| \*» | Seneca Foods Corp. <br> (SENEB US), <br> Class B<br>| 2796 | 251668 |
| \* | Simply Good Foods <br> Co.<br>| 489483 | 17675231 |
|  | SpartanNash Co. | 149569 | 2967449 |
|  | Spectrum Brands <br> Holdings, Inc.<br>| 128566 | 8112515 |
| \* | Sprouts Farmers <br> Market, Inc.<br>| 595328 | 101801088 |
|  | Tootsie Roll Industries, <br> Inc.<br>| 179707 | 5750624 |
| \* | TreeHouse Foods, <br> Inc.<br>| 320509 | 7464655 |
| # | Turning Point Brands, <br> Inc.<br>| 101407 | 6224362 |
| \* | United Natural Foods, <br> Inc.<br>| 272791 | 7286248 |
|  | United-Guardian, Inc. | 8416 | 66571 |
|  | Universal Corp. | 136155 | 7933752 |
| \* | USANA Health <br> Sciences, Inc.<br>| 89891 | 2525038 |
|  | Utz Brands, Inc. | 326690 | 4341710 |
|  | Village Super Market, <br> Inc., Class A<br>| 66642 | 2455758 |
| #\* | Vita Coco Co., Inc. | 218197 | 7211411 |
| #\* | Vital Farms, Inc. | 184062 | 6302283 |
| # | WD-40 Co. | 61387 | 14018335 |
|  | Weis Markets, Inc. | 171350 | 14734386 |
| # | WK Kellogg Co. | 66719 | 1196272 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
| \* | Zevia PBC, Class A | 30305 | $68489 |
| TOTAL CONSUMER <br> STAPLES | TOTAL CONSUMER <br> STAPLES |  | 677291105 |
| ENERGY — (3.9%) | ENERGY — (3.9%) | ENERGY — (3.9%) | ENERGY — (3.9%) |
| \* | Amplify Energy Corp. | 173310 | 450606 |
|  | Antero Midstream <br> Corp.<br>| 2089510 | 34581390 |
| \* | Antero Resources <br> Corp.<br>| 440248 | 15333838 |
|  | APA Corp. | 315426 | 4901720 |
|  | Archrock, Inc. | 736969 | 17340881 |
|  | Ardmore Shipping <br> Corp.<br>| 189978 | 1812390 |
|  | Aris Water Solutions, <br> Inc., Class A<br>| 111253 | 2776875 |
| # | Atlas Energy <br> Solutions, Inc.<br>| 146080 | 1976462 |
| \* | Barnwell Industries, <br> Inc.<br>| 49095 | 64805 |
|  | Berry Corp. | 323932 | 803351 |
| \* | Bristow Group, Inc. | 115221 | 3346018 |
|  | Cactus, Inc., Class A | 303293 | 11506936 |
|  | California Resources <br> Corp.<br>| 304682 | 10514576 |
| #\* | Centrus Energy Corp., <br> Class A<br>| 66524 | 4609448 |
|  | ChampionX Corp. | 656402 | 15838980 |
|  | Chord Energy Corp. <br> (CHRD US)<br>| 51451 | 4642424 |
| # | Civitas Resources, <br> Inc.<br>| 214700 | 5850575 |
| \* | Clean Energy Fuels <br> Corp.<br>| 924187 | 1340071 |
| \* | CNX Resources <br> Corp.<br>| 807010 | 23750304 |
| #\* | Comstock Resources, <br> Inc.<br>| 1072163 | 19588418 |
| # | Core Laboratories, <br> Inc.<br>| 193224 | 2196957 |
|  | Core Natural <br> Resources, Inc.<br>| 242194 | 17488829 |
|  | Crescent Energy Co., <br> Class A<br>| 667352 | 5525675 |
| # | CVR Energy, Inc. | 204804 | 3862603 |
| # | Delek U.S. Holdings, <br> Inc.<br>| 267175 | 3478619 |
|  | DHT Holdings, Inc. | 727596 | 7778001 |
| \* | DMC Global, Inc. | 82959 | 538404 |
|  | Dorian LPG Ltd. | 194874 | 4174201 |
| \* | DT Midstream, Inc. | 317559 | 30866735 |
|  | Energy Services of <br> America Corp.<br>| 22964 | 196342 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
|  | Epsilon Energy Ltd. | 70298 | $494195 |
| # | Evolution Petroleum <br> Corp.<br>| 139042 | 582586 |
|  | Excelerate Energy, <br> Inc., Class A<br>| 72935 | 1865677 |
| \* | Expro Group Holdings <br> NV<br>| 377062 | 3118303 |
| \* | Forum Energy <br> Technologies, Inc.<br>| 49965 | 731987 |
|  | FutureFuel Corp. | 179827 | 739089 |
| \* | Geospace <br> Technologies Corp.<br>| 53663 | 345590 |
|  | Granite Ridge <br> Resources, Inc.<br>| 67732 | 325791 |
| \* | Green Plains, Inc. | 267657 | 958212 |
| \* | Gulf Island <br> Fabrication, Inc.<br>| 34893 | 249485 |
| \* | Gulfport Energy Corp. | 51209 | 8833553 |
| \* | Hallador Energy Co. | 173070 | 2434230 |
| \* | Helix Energy Solutions <br> Group, Inc.<br>| 692473 | 4217161 |
| # | Helmerich & Payne, <br> Inc.<br>| 397886 | 7516067 |
|  | HF Sinclair Corp. | 435717 | 13102010 |
| \* | Innovex International, <br> Inc.<br>| 105656 | 1595406 |
| # | International Seaways, <br> Inc.<br>| 262774 | 8923805 |
|  | Kinetik Holdings, Inc. | 207091 | 8561142 |
| \* | KLX Energy Services <br> Holdings, Inc.<br>| 3262 | 6557 |
|  | Kodiak Gas Services, <br> Inc.<br>| 108707 | 3697125 |
| \* | Kosmos Energy Ltd. | 1528941 | 2354569 |
|  | Liberty Energy, Inc. | 737898 | 8485827 |
|  | Magnolia Oil & Gas <br> Corp., Class A<br>| 747106 | 15338086 |
| \* | Mammoth Energy <br> Services, Inc.<br>| 97023 | 245468 |
|  | Matador Resources <br> Co.<br>| 416220 | 16457339 |
|  | Mexco Energy Corp. | 11067 | 71936 |
| \* | MIND Technology, <br> Inc.<br>| 2455 | 16473 |
| # | Murphy Oil Corp. | 570635 | 11715137 |
| #\* | Nabors Industries Ltd. | 38921 | 1044640 |
|  | NACCO Industries, <br> Inc., Class A<br>| 38648 | 1348815 |
| \* | National Energy <br> Services Reunited <br> Corp.<br>| 14844 | 92478 |
| \* | Natural Gas Services <br> Group, Inc.<br>| 56675 | 1018450 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
| \* | NCS Multistage <br> Holdings, Inc.<br>| 1829 | $53974 |
| # | New Fortress Energy, <br> Inc.<br>| 243739 | 1323503 |
| # | Noble Corp. PLC | 490435 | 10662057 |
| # | Nordic American <br> Tankers Ltd.<br>| 973459 | 2492055 |
| # | Northern Oil & Gas, <br> Inc.<br>| 402484 | 9780361 |
|  | NOV, Inc. | 1172745 | 13615569 |
| \* | NPK International, <br> Inc.<br>| 403599 | 2332802 |
| \* | Oceaneering <br> International, Inc.<br>| 440403 | 7817153 |
| \* | Oil States <br> International, Inc.<br>| 283370 | 994629 |
|  | Ovintiv, Inc. | 327005 | 10980828 |
| \* | Par Pacific Holdings, <br> Inc.<br>| 254730 | 3647734 |
|  | Patterson-UTI Energy, <br> Inc.<br>| 771341 | 4350363 |
|  | PBF Energy, Inc., <br> Class A<br>| 484972 | 8331819 |
|  | Peabody Energy <br> Corp.<br>| 518942 | 6403744 |
|  | Permian Resources <br> Corp.<br>| 79084 | 933191 |
|  | PHX Minerals, Inc. | 164255 | 629097 |
| \* | PrimeEnergy <br> Resources Corp.<br>| 5032 | 854786 |
| \* | ProPetro Holding <br> Corp.<br>| 440214 | 2192266 |
|  | Range Resources <br> Corp.<br>| 828187 | 28100385 |
|  | Ranger Energy <br> Services, Inc., <br> Class A<br>| 58821 | 652325 |
| \* | REX American <br> Resources Corp.<br>| 79977 | 3176686 |
| # | Riley Exploration <br> Permian, Inc.<br>| 21993 | 542787 |
| # | RPC, Inc. | 890091 | 4210130 |
|  | SandRidge Energy, <br> Inc.<br>| 192647 | 1755014 |
|  | Scorpio Tankers, Inc. | 226205 | 8525666 |
| \* | SEACOR Marine <br> Holdings, Inc.<br>| 115625 | 564250 |
| \* | Seadrill Ltd. | 255012 | 5237946 |
|  | Select Water <br> Solutions, Inc.<br>| 469326 | 3998658 |
| # | SFL Corp. Ltd. | 608964 | 5005684 |
|  | Sitio Royalties Corp., <br> Class A<br>| 191282 | 3244143 |
|  | SM Energy Co. | 518704 | 11821264 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
|  | Smart Sand, Inc. | 19105 | $40121 |
|  | Solaris Energy <br> Infrastructure, Inc.<br>| 125574 | 2654634 |
| \*†† | Strongbridge <br> Biopharma<br>| 228415 | 0 |
| \* | Talos Energy, Inc. | 680486 | 4681744 |
|  | TechnipFMC PLC | 4889 | 137723 |
|  | Teekay Corp. Ltd. | 405681 | 2924960 |
|  | Teekay Tankers Ltd., <br> Class A<br>| 135214 | 5756060 |
| \* | TETRA Technologies, <br> Inc.<br>| 543352 | 1548553 |
| #\* | Tidewater, Inc. | 229326 | 8299308 |
| #\* | Transocean Ltd. | 3211673 | 6840863 |
| #\* | Uranium Energy <br> Corp.<br>| 1749962 | 9187300 |
|  | VAALCO Energy, Inc. | 108149 | 353647 |
| #\* | Valaris Ltd. | 268722 | 8682408 |
| #\* | Vital Energy, Inc. | 124613 | 1767012 |
|  | Vitesse Energy, Inc. | 78105 | 1597247 |
|  | Weatherford <br> International PLC<br>| 211051 | 8737511 |
|  | World Kinect Corp. | 264406 | 6633947 |
| TOTAL ENERGY | TOTAL ENERGY |  | 617697530 |
| FINANCIALS — (19.5%) | FINANCIALS — (19.5%) | FINANCIALS — (19.5%) | FINANCIALS — (19.5%) |
|  | 1st Source Corp. | 165748 | 9936593 |
| \* | Acacia Research <br> Corp.<br>| 252879 | 781396 |
|  | Acadian Asset <br> Management, Inc.<br>| 250903 | 6759327 |
|  | ACNB Corp. | 26634 | 1116231 |
|  | Affiliated Managers <br> Group, Inc.<br>| 155954 | 25830661 |
|  | Alerus Financial <br> Corp.<br>| 66628 | 1324565 |
|  | Amalgamated <br> Financial Corp.<br>| 124518 | 3506427 |
| \* | Ambac Financial <br> Group, Inc.<br>| 207463 | 1655555 |
|  | Amerant Bancorp, <br> Inc.<br>| 61013 | 1027459 |
|  | American Coastal <br> Insurance Corp.<br>| 59290 | 677685 |
|  | Ameris Bancorp | 373789 | 21904035 |
|  | AMERISAFE, Inc. | 106287 | 4941283 |
|  | AmeriServ Financial, <br> Inc.<br>| 196617 | 473847 |
|  | Ames National Corp. | 35140 | 610030 |
|  | Arrow Financial Corp. | 75726 | 1857559 |
|  | Artisan Partners Asset <br> Management, Inc., <br> Class A<br>| 302335 | 11180348 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Associated <br> Banc-Corp.<br>| 750622 | $16558721 |
|  | Associated Capital <br> Group, Inc., <br> Class A<br>| 11462 | 414007 |
|  | Assurant, Inc. | 12960 | 2497910 |
|  | Assured Guaranty <br> Ltd.<br>| 279588 | 24528255 |
|  | Atlantic American <br> Corp.<br>| 13763 | 20645 |
|  | Atlantic Union <br> Bankshares Corp.<br>| 635440 | 17601688 |
| \* | Atlanticus Holdings <br> Corp.<br>| 72346 | 3966008 |
|  | Auburn National <br> BanCorp, Inc.<br>| 3016 | 59355 |
| \* | AvidXchange <br> Holdings, Inc.<br>| 860440 | 6995377 |
|  | Axis Capital Holdings <br> Ltd.<br>| 325123 | 31315847 |
| \* | Axos Financial, Inc. | 263032 | 16697271 |
| #\* | Baldwin Insurance <br> Group, Inc.<br>| 288728 | 12016859 |
|  | Banc of California, <br> Inc.<br>| 75539 | 1018266 |
|  | BancFirst Corp. | 157341 | 18537917 |
| #\* | Bancorp, Inc. | 218218 | 10542112 |
|  | Bank First Corp. | 4416 | 482139 |
|  | Bank of Hawaii Corp. | 189300 | 12514623 |
|  | Bank of Marin <br> Bancorp<br>| 35480 | 728050 |
|  | Bank of NT Butterfield <br> & Son Ltd.<br>| 206651 | 8303237 |
|  | Bank OZK | 605147 | 25779262 |
|  | Bank7 Corp. | 6066 | 220802 |
|  | BankFinancial Corp. | 61245 | 752701 |
|  | BankUnited, Inc. | 556501 | 18203148 |
|  | Bankwell Financial <br> Group, Inc.<br>| 30691 | 1040732 |
|  | Banner Corp. | 232232 | 14198664 |
|  | Bar Harbor <br> Bankshares<br>| 63728 | 1888898 |
|  | BayCom Corp. | 50283 | 1307861 |
|  | BCB Bancorp, Inc. | 60190 | 494762 |
|  | Berkshire Hills <br> Bancorp, Inc.<br>| 188419 | 4678444 |
|  | BGC Group, Inc., <br> Class A<br>| 1583891 | 14350052 |
| \* | Blue Foundry <br> Bancorp<br>| 93437 | 872702 |
| \* | Blue Ridge <br> Bankshares, Inc.<br>| 32996 | 113176 |
|  | BOK Financial Corp. | 234621 | 21859639 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Bread Financial <br> Holdings, Inc.<br>| 218758 | $10380067 |
|  | Bridge Investment <br> Group Holdings, <br> Inc., Class A<br>| 63267 | 606731 |
| \* | Bridgewater <br> Bancshares, Inc.<br>| 73707 | 1134351 |
| \* | Brighthouse Financial, <br> Inc.<br>| 292831 | 17048621 |
|  | Brookline Bancorp, <br> Inc.<br>| 385353 | 4023085 |
|  | Burke & Herbert <br> Financial Services <br> Corp.<br>| 30730 | 1718114 |
|  | Business First <br> Bancshares, Inc.<br>| 75883 | 1749103 |
|  | Byline Bancorp, Inc. | 180931 | 4620978 |
|  | C&F Financial Corp. | 14393 | 932235 |
|  | Cadence Bank | 930092 | 27214492 |
| \* | California BanCorp | 3567 | 49831 |
| » | California First <br> Leasing Corp.<br>| 2096 | 39090 |
|  | Camden National <br> Corp.<br>| 82053 | 3160682 |
| \* | Cantaloupe, Inc. | 306876 | 2455008 |
|  | Capital Bancorp, Inc. | 35898 | 1134018 |
|  | Capital City Bank <br> Group, Inc.<br>| 99372 | 3631053 |
|  | Capitol Federal <br> Financial, Inc.<br>| 572651 | 3246931 |
| \* | Carter Bankshares, <br> Inc.<br>| 89052 | 1363386 |
|  | Cass Information <br> Systems, Inc.<br>| 86709 | 3532525 |
|  | Cathay General <br> Bancorp<br>| 331068 | 13802225 |
|  | CB Financial Services, <br> Inc.<br>| 3998 | 114663 |
| \* | CCUR Holdings, Inc. | 16 | 33360 |
|  | Central Pacific <br> Financial Corp.<br>| 118704 | 3049506 |
|  | Chemung Financial <br> Corp.<br>| 19078 | 845919 |
|  | ChoiceOne Financial <br> Services, Inc.<br>| 9730 | 276624 |
|  | Citizens & Northern <br> Corp.<br>| 60108 | 1157079 |
|  | Citizens Community <br> Bancorp, Inc.<br>| 2418 | 35835 |
|  | Citizens Financial <br> Services, Inc.<br>| 350 | 19051 |
| # | City Holding Co. | 93697 | 10856671 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Civista Bancshares, <br> Inc.<br>| 66462 | $1496060 |
|  | CNB Financial Corp. | 72194 | 1584658 |
|  | CNO Financial Group, <br> Inc.<br>| 491862 | 18661244 |
| \* | Coastal Financial <br> Corp.<br>| 60117 | 4938612 |
| # | Cohen & Steers, Inc. | 288846 | 22044727 |
|  | Colony Bankcorp, Inc. | 42395 | 657970 |
|  | Columbia Banking <br> System, Inc.<br>| 385638 | 8646004 |
| \* | Columbia Financial, <br> Inc.<br>| 263845 | 3553992 |
|  | Comerica, Inc. | 405276 | 21783585 |
|  | Commerce <br> Bancshares, Inc.<br>| 435815 | 26471403 |
|  | Community Financial <br> System, Inc.<br>| 238875 | 13040186 |
|  | Community Trust <br> Bancorp, Inc.<br>| 142891 | 6995943 |
|  | Community West <br> Bancshares<br>| 67219 | 1176332 |
|  | ConnectOne Bancorp, <br> Inc.<br>| 167604 | 3776118 |
| \* | Consumer Portfolio <br> Services, Inc.<br>| 145523 | 1343177 |
|  | Crawford & Co. <br> (CRD/A US), <br> Class A<br>| 187797 | 2088303 |
|  | Crawford & Co. <br> (CRD/B US), <br> Class B<br>| 148910 | 1590359 |
| #\* | Credit Acceptance <br> Corp.<br>| 37411 | 18234870 |
|  | Cullen/Frost Bankers, <br> Inc.<br>| 177905 | 20720595 |
| \* | Customers Bancorp, <br> Inc.<br>| 142722 | 7136100 |
|  | CVB Financial Corp. | 664217 | 12314583 |
| \* | Dave, Inc. | 25211 | 2390507 |
|  | Diamond Hill <br> Investment Group, <br> Inc.<br>| 20833 | 2624541 |
|  | DigitalBridge Group, <br> Inc.<br>| 547886 | 4602242 |
|  | Dime Community <br> Bancshares, Inc.<br>| 177909 | 4570482 |
|  | Donegal Group, Inc. <br> (DGICA US), <br> Class A<br>| 188318 | 3643953 |
|  | Donegal Group, Inc. <br> (DGICB US), <br> Class B<br>| 5267 | 86906 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | Donnelley Financial <br> Solutions, Inc.<br>| 145608 | $7018306 |
|  | Eagle Bancorp <br> Montana, Inc.<br>| 8532 | 148457 |
|  | Eagle Bancorp, Inc. | 122655 | 2201657 |
|  | Eastern Bankshares, <br> Inc.<br>| 615508 | 9183379 |
| \* | eHealth, Inc. | 121591 | 676046 |
|  | Employers Holdings, <br> Inc.<br>| 196289 | 9537683 |
|  | Enact Holdings, Inc. | 135529 | 4850583 |
| \* | Encore Capital Group, <br> Inc.<br>| 145402 | 5001829 |
| \* | Enova International, <br> Inc.<br>| 171864 | 15775397 |
|  | Enterprise Bancorp, <br> Inc.<br>| 49466 | 1840135 |
|  | Enterprise Financial <br> Services Corp.<br>| 171220 | 8906864 |
|  | Equity Bancshares, <br> Inc., Class A<br>| 123255 | 4744085 |
|  | Esquire Financial <br> Holdings, Inc.<br>| 36187 | 3000626 |
|  | ESSA Bancorp, Inc. | 47466 | 878121 |
|  | Essent Group Ltd. | 484121 | 27561009 |
| \* | Euronet Worldwide, <br> Inc.<br>| 176246 | 17465979 |
|  | Evans Bancorp, Inc. | 18963 | 729127 |
|  | Evercore, Inc., <br> Class A<br>| 99024 | 20328637 |
| # | EVERTEC, Inc. | 357997 | 12150418 |
| #\* | EZCORP, Inc., <br> Class A<br>| 279360 | 4573123 |
|  | F&G Annuities & Life, <br> Inc.<br>| 49232 | 1713766 |
|  | Farmers & Merchants <br> Bancorp, Inc.<br>| 19638 | 513926 |
|  | Farmers National <br> Banc Corp.<br>| 154278 | 2011785 |
|  | FB Financial Corp. | 189684 | 8072951 |
|  | Federal Agricultural <br> Mortgage Corp. <br> (AGM US), Class C<br>| 43350 | 7600555 |
|  | Federal Agricultural <br> Mortgage Corp. <br> (AGM/A US), <br> Class A<br>| 2089 | 272312 |
|  | Federated Hermes, <br> Inc.<br>| 483139 | 19620275 |
|  | Fidelis Insurance <br> Holdings Ltd.<br>| 62659 | 1024475 |
|  | Fidelity D&D Bancorp, <br> Inc.<br>| 1359 | 55012 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | Finance of America <br> Cos., Inc., Class A<br>| 1860 | $38837 |
|  | Financial Institutions, <br> Inc.<br>| 78051 | 1981715 |
|  | First American <br> Financial Corp.<br>| 337827 | 20543260 |
|  | First BanCorp | 1137379 | 22338124 |
|  | First Bancorp, Inc. | 60368 | 1474790 |
|  | First <br> Bancorp/Southern <br> Pines NC<br>| 192097 | 7772245 |
|  | First Bank | 93762 | 1348298 |
|  | First Busey Corp. | 349935 | 7275149 |
|  | First Business <br> Financial Services, <br> Inc.<br>| 47633 | 2293053 |
|  | First Commonwealth <br> Financial Corp.<br>| 574075 | 8794829 |
|  | First Community <br> Bankshares, Inc.<br>| 152106 | 5731354 |
|  | First Community <br> Corp.<br>| 10968 | 257748 |
|  | First Financial <br> Bancorp<br>| 598506 | 13855414 |
| # | First Financial <br> Bankshares, Inc.<br>| 630193 | 21117767 |
|  | First Financial Corp. | 53093 | 2622794 |
| \*» | First Financial <br> Northwest, Inc.<br>| 81969 | 98363 |
|  | First Foundation, Inc. | 220671 | 1107768 |
|  | First Hawaiian, Inc. | 491646 | 11239028 |
|  | First Horizon Corp. | 942844 | 17046620 |
|  | First Internet Bancorp | 51439 | 1093593 |
|  | First Interstate <br> BancSystem, Inc., <br> Class A<br>| 424196 | 11111814 |
|  | First Merchants Corp. | 268889 | 9583204 |
|  | First Mid Bancshares, <br> Inc.<br>| 56455 | 1887291 |
|  | First Northwest <br> Bancorp<br>| 26225 | 270117 |
|  | First of Long Island <br> Corp.<br>| 87019 | 1002459 |
|  | First Savings Financial <br> Group, Inc.<br>| 429 | 11429 |
|  | First U.S. Bancshares, <br> Inc.<br>| 2966 | 37075 |
|  | First United Corp. | 37037 | 1102591 |
| \* | First Western <br> Financial, Inc.<br>| 11838 | 249663 |
|  | FirstCash Holdings, <br> Inc.<br>| 212875 | 28516735 |
| \* | Firstsun Capital <br> Bancorp<br>| 8164 | 285658 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Five Star Bancorp | 25671 | $710573 |
| # | Flagstar Financial, <br> Inc.<br>| 699757 | 8194154 |
|  | Flushing Financial <br> Corp.<br>| 137207 | 1642368 |
| \* | Flywire Corp. | 494284 | 4651212 |
|  | FNB Corp. | 1630121 | 21338284 |
|  | Franklin Financial <br> Services Corp.<br>| 443 | 17100 |
|  | FS Bancorp, Inc. | 43575 | 1703782 |
|  | Fulton Financial Corp. | 1034770 | 17259964 |
| \* | Fundamental Global, <br> Inc.<br>| 1993 | 32885 |
| \* | FVCBankcorp, Inc. | 26561 | 303327 |
|  | GCM Grosvenor, Inc., <br> Class A<br>| 88032 | 1103921 |
| \* | Genworth Financial, <br> Inc.<br>| 2494406 | 17111625 |
|  | German American <br> Bancorp, Inc.<br>| 150002 | 5686576 |
|  | Glacier Bancorp, Inc. | 525541 | 21421051 |
|  | Globe Life, Inc. | 152472 | 18805896 |
| \* | GoHealth, Inc., <br> Class A<br>| 7959 | 83808 |
|  | Goosehead Insurance, <br> Inc., Class A<br>| 92706 | 9011950 |
|  | Great Southern <br> Bancorp, Inc.<br>| 85505 | 4702775 |
| \* | Green Dot Corp., <br> Class A<br>| 100438 | 840666 |
| # | Greene County <br> Bancorp, Inc.<br>| 17069 | 379785 |
| \* | Greenlight Capital Re <br> Ltd., Class A<br>| 152429 | 1999106 |
|  | Guaranty Bancshares, <br> Inc.<br>| 45822 | 1808136 |
| \* | Hagerty, Inc., Class A | 5014 | 44173 |
| \* | Hamilton Insurance <br> Group Ltd., <br> Class B<br>| 19585 | 362322 |
| # | Hamilton Lane, Inc., <br> Class A<br>| 156724 | 24212291 |
|  | Hancock Whitney <br> Corp.<br>| 468256 | 24391455 |
|  | Hanmi Financial <br> Corp.<br>| 135918 | 3108445 |
|  | Hanover Insurance <br> Group, Inc.<br>| 156155 | 25937345 |
|  | HarborOne Bancorp, <br> Inc.<br>| 260117 | 2944524 |
|  | Hawthorn Bancshares, <br> Inc.<br>| 6047 | 178507 |
|  | HBT Financial, Inc. | 69024 | 1599631 |
|  | HCI Group, Inc. | 52199 | 7636714 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Heritage Commerce <br> Corp.<br>| 330703 | $2989555 |
|  | Heritage Financial <br> Corp.<br>| 198931 | 4539605 |
| \* | Heritage Global, Inc. | 14047 | 28375 |
| \* | Heritage Insurance <br> Holdings, Inc.<br>| 113562 | 2146322 |
|  | Hilltop Holdings, Inc. | 297022 | 8771060 |
| # | Hingham Institution <br> For Savings<br>| 9469 | 2363084 |
| \* | Hippo Holdings, Inc. | 30594 | 707333 |
|  | Home Bancorp, Inc. | 32377 | 1629858 |
|  | Home BancShares, <br> Inc.<br>| 931643 | 25853093 |
| \* | HomeStreet, Inc. | 44856 | 509564 |
|  | HomeTrust <br> Bancshares, Inc.<br>| 65958 | 2251806 |
|  | Hope Bancorp, Inc. | 857890 | 8553163 |
|  | Horace Mann <br> Educators Corp.<br>| 195886 | 8137104 |
|  | Horizon Bancorp, Inc. | 348723 | 5119254 |
|  | Houlihan Lokey, Inc. | 33429 | 5418172 |
|  | Independent Bank <br> Corp. (IBCP US)<br>| 96251 | 2931805 |
|  | Independent Bank <br> Corp. (INDB US)<br>| 193073 | 11408684 |
|  | International <br> Bancshares Corp.<br>| 438661 | 26775867 |
| \* | International Money <br> Express, Inc.<br>| 133923 | 1663324 |
|  | Invesco Ltd. | 1223392 | 17041851 |
|  | Investar Holding <br> Corp.<br>| 26924 | 515056 |
|  | Investors Title Co. | 9108 | 2105679 |
|  | Jackson Financial, <br> Inc., Class A<br>| 277053 | 21585199 |
|  | James River Group <br> Holdings Ltd.<br>| 1915 | 9115 |
|  | Janus Henderson <br> Group PLC<br>| 604074 | 20061298 |
|  | Jefferies Financial <br> Group, Inc.<br>| 13078 | 611135 |
| #\* | Katapult Holdings, <br> Inc.<br>| 1600 | 11248 |
|  | Kearny Financial <br> Corp.<br>| 265563 | 1662424 |
|  | Kemper Corp. | 323344 | 19116097 |
| \* | Kingstone Cos., Inc. | 17086 | 290462 |
| \* | Kingsway Financial <br> Services, Inc.<br>| 8242 | 71293 |
| # | Kinsale Capital Group, <br> Inc.<br>| 21195 | 9225336 |
|  | Lake Shore Bancorp, <br> Inc.<br>| 537 | 7915 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Lakeland Financial <br> Corp.<br>| 126827 | $7060459 |
|  | Landmark Bancorp, <br> Inc.<br>| 17242 | 486398 |
| # | Lazard, Inc. | 253153 | 9847652 |
|  | LCNB Corp. | 41151 | 618088 |
| \* | LendingClub Corp. | 460433 | 4498430 |
| #\* | LendingTree, Inc. | 30492 | 1573082 |
|  | Lincoln National <br> Corp.<br>| 653857 | 20838423 |
|  | Live Oak Bancshares, <br> Inc.<br>| 195097 | 5099836 |
|  | Magyar Bancorp, Inc. | 5370 | 73999 |
| \* | Maiden Holdings Ltd. | 518221 | 725509 |
|  | MainStreet <br> Bancshares, Inc.<br>| 11630 | 222366 |
|  | MarketAxess <br> Holdings, Inc.<br>| 108937 | 24139350 |
| \* | Marqeta, Inc., <br> Class A<br>| 1953363 | 8165057 |
|  | Mercantile Bank <br> Corp.<br>| 104035 | 4401721 |
|  | Merchants Bancorp | 159891 | 4809521 |
|  | Mercury General <br> Corp.<br>| 186272 | 10323194 |
|  | Meridian Corp. | 28574 | 385749 |
|  | Metrocity Bankshares, <br> Inc.<br>| 70438 | 1941976 |
| \* | Metropolitan Bank <br> Holding Corp.<br>| 22621 | 1400919 |
|  | MGIC Investment <br> Corp.<br>| 1145850 | 28543123 |
|  | Mid Penn Bancorp, <br> Inc.<br>| 23960 | 696038 |
|  | Middlefield Banc <br> Corp.<br>| 930 | 24115 |
|  | Midland States <br> Bancorp, Inc.<br>| 93900 | 1528692 |
|  | MidWestOne Financial <br> Group, Inc.<br>| 31243 | 866681 |
|  | Moelis & Co., Class A | 189463 | 10151428 |
| \* | Mr. Cooper Group, <br> Inc.<br>| 288190 | 34297492 |
|  | MVB Financial Corp. | 22501 | 383867 |
|  | National Bank <br> Holdings Corp., <br> Class A<br>| 208705 | 7546773 |
|  | National Bankshares, <br> Inc.<br>| 22457 | 578717 |
|  | Navient Corp. | 737768 | 9133568 |
|  | NBT Bancorp, Inc. | 260005 | 11008612 |
| \* | NCR Atleos Corp. | 354778 | 9905402 |
|  | Nelnet, Inc., Class A | 225388 | 23911413 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | NerdWallet, Inc., <br> Class A<br>| 183193 | $1641409 |
| \* | NI Holdings, Inc. | 12505 | 156313 |
|  | Nicolet Bankshares, <br> Inc.<br>| 64957 | 7587627 |
| \* | NMI Holdings, Inc. | 369951 | 13381128 |
|  | Northeast Bank | 45236 | 3746446 |
|  | Northeast Community <br> Bancorp, Inc.<br>| 36351 | 827349 |
|  | Northfield Bancorp, <br> Inc.<br>| 242483 | 2558196 |
|  | Northrim BanCorp, <br> Inc.<br>| 40471 | 3249417 |
|  | Northwest <br> Bancshares, Inc.<br>| 628431 | 7761123 |
|  | Norwood Financial <br> Corp.<br>| 15522 | 388205 |
|  | Oak Valley Bancorp | 9454 | 247695 |
|  | OceanFirst Financial <br> Corp.<br>| 250239 | 4143958 |
|  | OFG Bancorp | 259646 | 10217070 |
|  | Ohio Valley Banc <br> Corp.<br>| 18630 | 671053 |
| #\* | Old Market Capital <br> Corp.<br>| 33215 | 189658 |
| # | Old National Bancorp | 1403557 | 28899239 |
|  | Old Republic <br> International Corp.<br>| 718430 | 27012968 |
|  | Old Second Bancorp, <br> Inc.<br>| 194098 | 3064807 |
|  | OneMain Holdings, <br> Inc.<br>| 478449 | 22520594 |
| \* | Onity Group, Inc. | 32753 | 1228565 |
|  | OP Bancorp | 42108 | 540667 |
| \* | Open Lending Corp. | 326260 | 404562 |
| \* | Oportun Financial <br> Corp.<br>| 83529 | 427668 |
|  | Oppenheimer <br> Holdings, Inc., <br> Class A<br>| 59085 | 3486606 |
|  | OppFi, Inc. | 4235 | 39597 |
|  | Orange County <br> Bancorp, Inc.<br>| 6001 | 142404 |
|  | Origin Bancorp, Inc. | 81831 | 2621865 |
|  | Orrstown Financial <br> Services, Inc.<br>| 72404 | 2169948 |
| \* | Oscar Health, Inc., <br> Class A<br>| 661062 | 8600417 |
|  | Pacific Premier <br> Bancorp, Inc.<br>| 471720 | 9594785 |
| \* | Palomar Holdings, <br> Inc.<br>| 107365 | 15570072 |
|  | Park National Corp. | 74160 | 11131416 |
|  | Parke Bancorp, Inc. | 21151 | 398696 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Pathward Financial, <br> Inc.<br>| 157856 | $12529031 |
| \* | Paymentus Holdings, <br> Inc., Class A<br>| 131495 | 4268328 |
| \* | Payoneer Global, Inc. | 1401656 | 9853642 |
| \* | Paysafe Ltd. | 168744 | 2569971 |
| \* | Paysign, Inc. | 51583 | 123799 |
|  | PCB Bancorp | 27909 | 547295 |
|  | Peapack-Gladstone <br> Financial Corp.<br>| 92269 | 2554006 |
|  | Penns Woods <br> Bancorp, Inc.<br>| 33081 | 966958 |
|  | PennyMac Financial <br> Services, Inc.<br>| 232008 | 22606860 |
|  | Peoples Bancorp of <br> North Carolina, Inc.<br>| 16297 | 450123 |
|  | Peoples Bancorp, Inc. | 171984 | 4989256 |
|  | Peoples Financial <br> Services Corp.<br>| 20818 | 899754 |
|  | Pinnacle Financial <br> Partners, Inc.<br>| 266450 | 26708948 |
| \* | Pioneer Bancorp, Inc. | 1272 | 14272 |
|  | Piper Sandler Cos. | 80348 | 19373510 |
| # | PJT Partners, Inc., <br> Class A<br>| 105578 | 14961458 |
|  | Plumas Bancorp | 7629 | 336363 |
| \* | Ponce Financial <br> Group, Inc.<br>| 91264 | 1174568 |
|  | Popular, Inc. | 286370 | 27325425 |
| \* | PRA Group, Inc. | 172982 | 3165571 |
|  | Preferred Bank | 75305 | 6013857 |
|  | Primerica, Inc. | 95349 | 24988112 |
|  | Primis Financial Corp. | 53103 | 437569 |
|  | Princeton Bancorp, <br> Inc.<br>| 2333 | 71110 |
| \* | Priority Technology <br> Holdings, Inc.<br>| 45149 | 327782 |
| \* | ProAssurance Corp. | 190960 | 4432182 |
|  | PROG Holdings, Inc. | 280830 | 7402679 |
|  | Prosperity <br> Bancshares, Inc.<br>| 307844 | 20902608 |
| \* | Provident Bancorp, <br> Inc.<br>| 4318 | 47930 |
|  | Provident Financial <br> Holdings, Inc.<br>| 45781 | 687173 |
|  | Provident Financial <br> Services, Inc.<br>| 594138 | 9726039 |
|  | QCR Holdings, Inc. | 99370 | 6454081 |
|  | Radian Group, Inc. | 223172 | 7128114 |
|  | RBB Bancorp | 31829 | 495896 |
|  | Red River <br> Bancshares, Inc.<br>| 14540 | 766258 |
|  | Regional Management <br> Corp.<br>| 86063 | 2834055 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | Remitly Global, Inc. | 763399 | $15435928 |
| # | Renasant Corp. | 405401 | 13001210 |
| \* | Repay Holdings Corp. | 373728 | 1494912 |
|  | Republic Bancorp, <br> Inc., Class A<br>| 101470 | 6884739 |
|  | Richmond Mutual <br> BanCorp, Inc.<br>| 9528 | 133678 |
|  | Riverview Bancorp, <br> Inc.<br>| 77235 | 488125 |
|  | RLI Corp. | 415845 | 30776688 |
| \* | Root, Inc., Class A | 7048 | 984394 |
|  | S&T Bancorp, Inc. | 208216 | 7587391 |
|  | Safety Insurance <br> Group, Inc.<br>| 98981 | 7572046 |
|  | SB Financial Group, <br> Inc.<br>| 10336 | 200932 |
|  | Seacoast Banking <br> Corp. of Florida<br>| 377937 | 8960886 |
| \* | Security National <br> Financial Corp., <br> Class A<br>| 60720 | 621773 |
|  | SEI Investments Co. | 289168 | 22638963 |
|  | Selective Insurance <br> Group, Inc.<br>| 283256 | 24708421 |
| \* | Selectquote, Inc. | 178487 | 565804 |
|  | ServisFirst <br> Bancshares, Inc.<br>| 271308 | 19322556 |
| #\* | Shift4 Payments, Inc., <br> Class A<br>| 238815 | 19535067 |
|  | Shore Bancshares, <br> Inc.<br>| 107840 | 1491427 |
|  | Sierra Bancorp | 62830 | 1662482 |
|  | Silvercrest Asset <br> Management <br> Group, Inc., <br> Class A<br>| 39954 | 611296 |
|  | Simmons First <br> National Corp., <br> Class A<br>| 551738 | 10295431 |
| \* | SiriusPoint Ltd. | 537256 | 9025901 |
| \* | Skyward Specialty <br> Insurance Group, <br> Inc.<br>| 97834 | 5194007 |
| # | SLM Corp. | 953569 | 27567680 |
|  | SmartFinancial, Inc. | 67671 | 2058552 |
|  | Sound Financial <br> Bancorp, Inc.<br>| 100 | 5077 |
|  | South Plains <br> Financial, Inc.<br>| 44386 | 1496252 |
| \* | Southern First <br> Bancshares, Inc.<br>| 22867 | 812007 |
|  | Southern Missouri <br> Bancorp, Inc.<br>| 49270 | 2594065 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Southern States <br> Bancshares, Inc.<br>| 4391 | $146703 |
|  | Southside <br> Bancshares, Inc.<br>| 150200 | 4234138 |
|  | SouthState Corp. | 459351 | 39862480 |
|  | Stellar Bancorp, Inc. | 210096 | 5243996 |
|  | StepStone Group, <br> Inc., Class A<br>| 74575 | 3729496 |
| \*» | Sterling Bancorp, Inc. | 78172 | 378352 |
|  | Stewart Information <br> Services Corp.<br>| 145781 | 9545740 |
|  | Stifel Financial Corp. | 190618 | 16334056 |
| # | Stock Yards Bancorp, <br> Inc.<br>| 165338 | 12034953 |
| \* | StoneX Group, Inc. | 227547 | 20152700 |
|  | Summit State Bank | 1117 | 10098 |
| # | Synovus Financial <br> Corp.<br>| 524742 | 22731823 |
| \* | Texas Capital <br> Bancshares, Inc.<br>| 209022 | 14244849 |
|  | TFS Financial Corp. | 490514 | 6357061 |
| \* | Third Coast <br> Bancshares, Inc.<br>| 16720 | 498256 |
|  | Timberland Bancorp, <br> Inc.<br>| 65710 | 2019925 |
|  | Tiptree, Inc. | 268727 | 5995299 |
|  | Tompkins Financial <br> Corp.<br>| 60578 | 3610449 |
|  | Towne Bank | 318616 | 10498397 |
|  | TriCo Bancshares | 179307 | 6917664 |
| \* | Triumph Financial, <br> Inc.<br>| 123019 | 6571675 |
| #\* | Trupanion, Inc. | 61250 | 2241750 |
|  | TrustCo Bank Corp. | 86258 | 2626556 |
|  | Trustmark Corp. | 376773 | 12640734 |
|  | UMB Financial Corp. | 438115 | 41432536 |
|  | Union Bankshares, <br> Inc.<br>| 4981 | 164771 |
|  | United Bancshares, <br> Inc.<br>| 700 | 18879 |
|  | United Bankshares, <br> Inc.<br>| 697107 | 23903799 |
|  | United Community <br> Banks, Inc.<br>| 546357 | 15084917 |
|  | United Fire Group, <br> Inc.<br>| 102655 | 2840464 |
|  | United Security <br> Bancshares<br>| 72977 | 649495 |
|  | Unity Bancorp, Inc. | 50651 | 2096951 |
|  | Universal Insurance <br> Holdings, Inc.<br>| 131734 | 3193232 |
|  | Univest Financial <br> Corp.<br>| 124694 | 3683461 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | USCB Financial <br> Holdings, Inc.<br>| 6964 | $118109 |
|  | UWM Holdings Corp. | 309747 | 1455811 |
|  | Valley National <br> Bancorp<br>| 2544068 | 21878985 |
|  | Value Line, Inc. | 19729 | 806916 |
| \* | Velocity Financial, <br> Inc.<br>| 10153 | 181434 |
|  | Veritex Holdings, Inc. | 213130 | 4961666 |
|  | Victory Capital <br> Holdings, Inc., <br> Class A<br>| 265610 | 15216797 |
|  | Virginia National <br> Bankshares Corp.<br>| 1327 | 48807 |
|  | Virtu Financial, Inc., <br> Class A<br>| 392527 | 15367432 |
|  | Virtus Investment <br> Partners, Inc.<br>| 33797 | 5190881 |
|  | Voya Financial, Inc. | 277092 | 16403846 |
|  | WaFd, Inc. | 385767 | 11005933 |
|  | Walker & Dunlop, Inc. | 153932 | 11781955 |
|  | Washington Trust <br> Bancorp, Inc.<br>| 78383 | 2163371 |
|  | Waterstone Financial, <br> Inc.<br>| 179051 | 2166517 |
|  | Webster Financial <br> Corp.<br>| 377692 | 17864832 |
|  | WesBanco, Inc. | 433604 | 12912727 |
|  | West BanCorp, Inc. | 74656 | 1448700 |
|  | Westamerica <br> BanCorp<br>| 164550 | 7969156 |
|  | Western Alliance <br> Bancorp<br>| 325303 | 22676872 |
|  | Western New England <br> Bancorp, Inc.<br>| 118616 | 1094826 |
| # | Western Union Co. | 1250233 | 12389809 |
|  | Westwood Holdings <br> Group, Inc.<br>| 12446 | 207848 |
| \* | WEX, Inc. | 113988 | 14860616 |
|  | White Mountains <br> Insurance Group <br> Ltd.<br>| 17157 | 30324140 |
|  | Wintrust Financial <br> Corp.<br>| 302299 | 33606580 |
|  | WisdomTree, Inc. | 803340 | 6989058 |
| \* | World Acceptance <br> Corp.<br>| 37936 | 4898296 |
|  | WSFS Financial <br> Corp.<br>| 358102 | 18460158 |
|  | WVS Financial Corp. | 3622 | 44677 |
|  | Zions Bancorp NA | 458253 | 20607637 |
| TOTAL FINANCIALS | TOTAL FINANCIALS |  | 3109899100 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (9.6%) | HEALTH CARE — (9.6%) | HEALTH CARE — (9.6%) | HEALTH CARE — (9.6%) |
| \* | 2seventy bio, Inc. | 16000 | $79840 |
| \* | 89bio, Inc. | 84260 | 675765 |
| #\* | Absci Corp. | 81215 | 249330 |
| \* | AC Immune SA | 14868 | 25722 |
| #\* | Acadia Healthcare <br> Co., Inc.<br>| 383444 | 8972590 |
| \* | ACADIA <br> Pharmaceuticals, <br> Inc.<br>| 364839 | 5326649 |
| \* | Accuray, Inc. | 20754 | 32169 |
| \* | Aclaris Therapeutics, <br> Inc.<br>| 27109 | 37410 |
| \* | Acrivon Therapeutics, <br> Inc.<br>| 548 | 767 |
| \* | AdaptHealth Corp. | 321284 | 2734127 |
| \* | Adaptive <br> Biotechnologies <br> Corp.<br>| 40208 | 295931 |
| \* | Addus HomeCare <br> Corp.<br>| 82353 | 8610006 |
| #\* | ADMA Biologics, Inc. | 1009118 | 24017008 |
| #†† | Aduro Biotech, Inc. | 57164 | 21722 |
| \* | Adverum <br> Biotechnologies, <br> Inc.<br>| 48596 | 158423 |
| \* | Agios <br> Pharmaceuticals, <br> Inc.<br>| 181622 | 5392357 |
| \* | Akero Therapeutics, <br> Inc.<br>| 53416 | 2436304 |
| †† | Albireo Pharma, Inc. | 36732 | 213413 |
| \* | Aldeyra Therapeutics, <br> Inc.<br>| 153371 | 406433 |
| \* | Alector, Inc. | 66768 | 80122 |
| \* | Aligos Therapeutics, <br> Inc.<br>| 749 | 4179 |
| \* | Alkermes PLC | 740819 | 21313363 |
| #\* | Allogene <br> Therapeutics, Inc.<br>| 170637 | 286670 |
| \* | Altimmune, Inc. | 92177 | 483929 |
| \* | Amedisys, Inc. | 68164 | 6468764 |
| \* | American Shared <br> Hospital Services<br>| 3446 | 9304 |
| \* | American Well Corp., <br> Class A<br>| 1472 | 10790 |
| \* | Amicus Therapeutics, <br> Inc.<br>| 13399 | 102904 |
| \* | AMN Healthcare <br> Services, Inc.<br>| 173336 | 3541254 |
| \* | Amneal <br> Pharmaceuticals, <br> Inc.<br>| 1004969 | 7698063 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Amphastar <br> Pharmaceuticals, <br> Inc.<br>| 257422 | $6283671 |
| \* | Amylyx <br> Pharmaceuticals, <br> Inc.<br>| 103873 | 530791 |
| \* | AngioDynamics, Inc. | 164668 | 1529766 |
| \* | ANI Pharmaceuticals, <br> Inc.<br>| 92974 | 6584419 |
| \* | Anika Therapeutics, <br> Inc.<br>| 64355 | 935078 |
| #\* | Annexon, Inc. | 169746 | 315728 |
| \* | Apyx Medical Corp. | 17308 | 18000 |
| \* | Arcellx, Inc. | 88735 | 5763338 |
| \* | Arcturus Therapeutics <br> Holdings, Inc.<br>| 125191 | 1603697 |
| \* | Arcus Biosciences, <br> Inc.<br>| 378392 | 3310930 |
| \* | Artivion, Inc. | 190547 | 4514058 |
| \* | Arvinas, Inc. | 150752 | 1450234 |
| \* | Assembly <br> Biosciences, Inc.<br>| 1725 | 19648 |
| \* | Astrana Health, Inc. | 187407 | 5841476 |
| \* | Astria Therapeutics, <br> Inc.<br>| 9863 | 50893 |
| \* | Atea Pharmaceuticals, <br> Inc.<br>| 125431 | 370021 |
| \* | AtriCure, Inc. | 108388 | 3241885 |
| \* | aTyr Pharma, Inc. | 60613 | 210327 |
| #\* | Aura Biosciences, <br> Inc.<br>| 89929 | 524286 |
| \* | Avanos Medical, Inc. | 196375 | 2464506 |
| \* | Avantor, Inc. | 301746 | 3919681 |
| \* | Axogen, Inc. | 185576 | 3019322 |
| \* | Azenta, Inc. | 206098 | 5428621 |
| #\* | Beam Therapeutics, <br> Inc.<br>| 335003 | 6676610 |
| #\* | BioLife Solutions, Inc. | 156840 | 3781412 |
| \* | Biomea Fusion, Inc. | 2563 | 5382 |
| #\* | Bio-Rad Laboratories, <br> Inc., Class A<br>| 56718 | 13843729 |
| \* | Biote Corp., Class A | 168304 | 560452 |
|  | Bio-Techne Corp. | 329477 | 16589167 |
| \* | Bioventus, Inc., <br> Class A<br>| 124204 | 907931 |
| #\* | Black Diamond <br> Therapeutics, Inc.<br>| 15828 | 26908 |
| \* | Brookdale Senior <br> Living, Inc.<br>| 851587 | 5586411 |
|  | Bruker Corp. | 292415 | 11714145 |
| #\* | Cardiff Oncology, Inc. | 5896 | 16155 |
| \* | CareDx, Inc. | 180780 | 3051566 |
| \* | Castle Biosciences, <br> Inc.<br>| 115791 | 2321610 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Catalyst <br> Pharmaceuticals, <br> Inc.<br>| 373038 | $9061093 |
| \* | Certara, Inc. | 727468 | 10082707 |
| \* | CG oncology, Inc. | 13088 | 352591 |
| \* | Champions Oncology, <br> Inc.<br>| 2099 | 15008 |
| \* | Charles River <br> Laboratories <br> International, Inc.<br>| 178062 | 21121714 |
|  | Chemed Corp. | 39397 | 22909749 |
| †† | Chinook Therapeutics, <br> Inc.<br>| 363217 | 726434 |
| \* | Claritev Corp. | 1633 | 36628 |
| \* | Codexis, Inc. | 104589 | 240555 |
| \* | Cogent Biosciences, <br> Inc.<br>| 118232 | 615989 |
| \* | Collegium <br> Pharmaceutical, <br> Inc.<br>| 148580 | 4010917 |
| #\* | Community Health <br> Systems, Inc.<br>| 585976 | 1599714 |
|  | Concentra Group <br> Holdings Parent, <br> Inc.<br>| 757899 | 16484303 |
| # | CONMED Corp. | 140069 | 6878789 |
| #\* | Corcept Therapeutics, <br> Inc.<br>| 554502 | 39857604 |
| \* | CorVel Corp. | 372681 | 40532786 |
| \* | Coya Therapeutics, <br> Inc.<br>| 4167 | 27461 |
| #\* | CRISPR Therapeutics <br> AG<br>| 288127 | 11141871 |
| \* | Cross Country <br> Healthcare, Inc.<br>| 257943 | 3495128 |
| \* | CryoPort, Inc. | 135044 | 753546 |
| \* | Cullinan Therapeutics, <br> Inc.<br>| 181725 | 1504683 |
| \* | CVRx, Inc. | 12169 | 89077 |
| \* | Cytek Biosciences, <br> Inc.<br>| 520183 | 1929879 |
| #\* | Day One <br> Biopharmaceuticals, <br> Inc.<br>| 186155 | 1448286 |
| \* | Definitive Healthcare <br> Corp.<br>| 158917 | 432254 |
| \* | Denali Therapeutics, <br> Inc.<br>| 489175 | 8144764 |
|  | Dentsply Sirona, Inc. | 427252 | 5938803 |
| \* | Design Therapeutics, <br> Inc.<br>| 21806 | 105977 |
| #\* | Disc Medicine, Inc. | 14914 | 737050 |
| \* | DocGo, Inc. | 98246 | 219089 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Doximity, Inc., <br> Class A<br>| 333863 | $18990127 |
| #\* | Dynavax Technologies <br> Corp.<br>| 603783 | 7094450 |
| \* | Edgewise <br> Therapeutics, Inc.<br>| 136106 | 2232138 |
| \* | Editas Medicine, Inc. | 119283 | 196817 |
| \* | Elanco Animal Health, <br> Inc.<br>| 1801671 | 17079841 |
| \* | ElectroCore, Inc. | 1267 | 9319 |
| \* | Electromed, Inc. | 59305 | 1365794 |
| \* | Eledon <br> Pharmaceuticals, <br> Inc.<br>| 26084 | 82425 |
| # | Embecta Corp. | 80458 | 980783 |
| \* | Emergent <br> BioSolutions, Inc.<br>| 191120 | 1020581 |
| \* | Enanta <br> Pharmaceuticals, <br> Inc.<br>| 28964 | 176391 |
|  | Encompass Health <br> Corp.<br>| 339277 | 39692016 |
| \* | Enhabit, Inc. | 191225 | 1527888 |
| \* | Enliven Therapeutics, <br> Inc.<br>| 4668 | 88412 |
| #\* | Enovis Corp. | 237471 | 8214122 |
|  | Ensign Group, Inc. | 264496 | 34117339 |
| \* | Entrada Therapeutics, <br> Inc.<br>| 24019 | 219293 |
| \* | Envista Holdings <br> Corp.<br>| 630944 | 10145580 |
| \* | Erasca, Inc. | 138302 | 201921 |
| \* | Evolent Health, Inc., <br> Class A<br>| 504501 | 4974380 |
| #\* | Exact Sciences Corp. | 509388 | 23248468 |
| \* | Exelixis, Inc. | 768206 | 30075265 |
| \* | Fate Therapeutics, <br> Inc.<br>| 301296 | 385659 |
| \* | FONAR Corp. | 27129 | 340469 |
| \* | Fulcrum Therapeutics, <br> Inc.<br>| 214511 | 825867 |
| \* | Fulgent Genetics, Inc. | 130035 | 2256107 |
| #\* | GeneDx Holdings <br> Corp.<br>| 9399 | 628323 |
| \* | Glaukos Corp. | 122393 | 11535540 |
| \* | Globus Medical, Inc., <br> Class A<br>| 18180 | 1304779 |
| #\* | GoodRx Holdings, <br> Inc., Class A<br>| 438371 | 2029658 |
| \* | Haemonetics Corp. | 208708 | 13152778 |
| #\* | Halozyme <br> Therapeutics, Inc.<br>| 499096 | 30654476 |
| \* | Harmony Biosciences <br> Holdings, Inc.<br>| 227724 | 6711026 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Harvard Bioscience, <br> Inc.<br>| 139208 | $49600 |
| \* | Health Catalyst, Inc. | 144429 | 570495 |
| \* | HealthEquity, Inc. | 369098 | 31639081 |
|  | HealthStream, Inc. | 167295 | 5626131 |
| #\* | Henry Schein, Inc. | 477064 | 30994811 |
| #\* | Hims & Hers Health, <br> Inc.<br>| 711615 | 23554457 |
| \* | ICU Medical, Inc. | 62710 | 8565559 |
| \*†† | IMARA, Inc. | 8795 | 0 |
| \* | Immunovant, Inc. | 1616 | 26098 |
| \* | InfuSystem Holdings, <br> Inc.<br>| 84637 | 399487 |
| \* | Innoviva, Inc. | 330167 | 6170821 |
| \* | Inogen, Inc. | 74156 | 528732 |
| \* | Inotiv, Inc. | 696 | 1371 |
| \* | Inozyme Pharma, Inc. | 12525 | 14404 |
| \* | Inspire Medical <br> Systems, Inc.<br>| 93144 | 14752147 |
| #\* | Instil Bio, Inc. | 10258 | 131815 |
| #\* | Integer Holdings <br> Corp.<br>| 152343 | 19242444 |
| \* | Integra LifeSciences <br> Holdings Corp.<br>| 213034 | 3491627 |
| #\* | Intellia Therapeutics, <br> Inc.<br>| 420517 | 3729986 |
| #\* | Iovance <br> Biotherapeutics, <br> Inc.<br>| 695805 | 2497940 |
|  | iRadimed Corp. | 57164 | 2995965 |
| \* | iTeos Therapeutics, <br> Inc.<br>| 155249 | 1125555 |
| #\* | Jasper Therapeutics, <br> Inc.<br>| 11595 | 63657 |
| #\* | Jazz Pharmaceuticals <br> PLC<br>| 233804 | 27345716 |
| \* | Joint Corp. | 28248 | 282762 |
| #\* | KalVista <br> Pharmaceuticals, <br> Inc.<br>| 109979 | 1514411 |
| \* | Kewaunee Scientific <br> Corp.<br>| 13074 | 414054 |
| \* | Kezar Life Sciences, <br> Inc.<br>| 1272 | 5571 |
| \* | Kiniksa <br> Pharmaceuticals <br> International PLC<br>| 176974 | 4772989 |
| \* | Kodiak Sciences, Inc. | 40163 | 175111 |
| #\* | Krystal Biotech, Inc. | 133667 | 22707350 |
| \* | Kura Oncology, Inc. | 221202 | 1451085 |
| #\* | Kymera Therapeutics, <br> Inc.<br>| 39266 | 1345646 |
| \* | Lantheus Holdings, <br> Inc.<br>| 310924 | 32441810 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
|  | LeMaitre Vascular, <br> Inc.<br>| 102228 | $9276169 |
| \* | LENSAR, Inc. | 78905 | 1108615 |
| \* | LENZ Therapeutics, <br> Inc.<br>| 1979 | 56431 |
| \* | LifeStance Health <br> Group, Inc.<br>| 517101 | 3397354 |
| \* | Ligand <br> Pharmaceuticals, <br> Inc.<br>| 80760 | 8872294 |
| #\* | LivaNova PLC | 231887 | 8579819 |
| \* | MacroGenics, Inc. | 134228 | 232886 |
| \* | MannKind Corp. | 875769 | 4413876 |
| \* | Maravai LifeSciences <br> Holdings, Inc., <br> Class A<br>| 300065 | 606131 |
| \* | Marker Therapeutics, <br> Inc.<br>| 15900 | 18921 |
| #\* | Masimo Corp. | 197590 | 31804086 |
| #\* | MaxCyte, Inc. | 243798 | 692386 |
| #\* | Medpace Holdings, <br> Inc.<br>| 52075 | 16059409 |
| \* | MeiraGTx Holdings <br> PLC<br>| 28242 | 200236 |
| \* | Merit Medical <br> Systems, Inc.<br>| 266619 | 25182165 |
| \*†† | Merrimack <br> Pharmaceuticals, <br> Inc.<br>| 88364 | 0 |
| # | Mesa Laboratories, <br> Inc.<br>| 20519 | 2364815 |
| \* | MetaVia, Inc. | 355 | 270 |
| \* | MiMedx Group, Inc. | 455614 | 3134624 |
| \* | Mineralys <br> Therapeutics, Inc.<br>| 8307 | 118042 |
| †† | Mirati Therapeutics, <br> Inc.<br>| 13386 | 39890 |
| #\* | ModivCare, Inc. | 52355 | 62302 |
| #\* | Monte Rosa <br> Therapeutics, Inc.<br>| 62319 | 305986 |
| #\* | MoonLake <br> Immunotherapeutics<br>| 31343 | 1318913 |
| \* | Myriad Genetics, Inc. | 391069 | 2897821 |
|  | National HealthCare <br> Corp.<br>| 75289 | 7114058 |
|  | National Research <br> Corp.<br>| 99670 | 1132251 |
| #\* | Neogen Corp. | 718339 | 3627612 |
| \* | NeoGenomics, Inc. | 549845 | 3516259 |
| \* | Neurocrine <br> Biosciences, Inc.<br>| 32431 | 3492494 |
| \* | Nexgel, Inc. | 152 | 397 |
| \* | Niagen Bioscience, <br> Inc.<br>| 73550 | 577368 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Nkarta, Inc. | 48700 | $103244 |
| \* | Nurix Therapeutics, <br> Inc.<br>| 10851 | 125112 |
| \* | Nutex Health, Inc. | 525 | 57734 |
| \* | Nuvation Bio, Inc. | 57854 | 130172 |
| \* | Olema <br> Pharmaceuticals, <br> Inc.<br>| 248593 | 1282740 |
| #\*» | OmniAb, Inc. <br> (2200963D US)<br>| 30196 | 0 |
| #\*» | OmniAb, Inc. <br> (2200964D US)<br>| 30196 | 0 |
| #\* | OmniAb, Inc. (OABI <br> UQ)<br>| 489630 | 832371 |
| \* | Omnicell, Inc. | 214563 | 6707239 |
| \*†† | Opiant <br> Pharmaceuticals, <br> Inc.<br>| 18273 | 0 |
| \* | OptimizeRx Corp. | 26310 | 239947 |
| \* | Option Care Health, <br> Inc.<br>| 933459 | 30160060 |
| \* | OraSure <br> Technologies, Inc.<br>| 228544 | 683347 |
| \* | Organogenesis <br> Holdings, Inc.<br>| 182865 | 897867 |
| # | Organon & Co. | 825483 | 10673495 |
| #\* | ORIC <br> Pharmaceuticals, <br> Inc.<br>| 163239 | 932095 |
| \* | Orthofix Medical, Inc. | 79152 | 1101004 |
| \* | OrthoPediatrics Corp. | 99626 | 2074213 |
| \* | Owens & Minor, Inc. | 344904 | 2435022 |
| \* | Pacira BioSciences, <br> Inc.<br>| 182920 | 4920548 |
| #\*†† | PDL BioPharma, Inc. | 1354466 | 704322 |
| \* | Pediatrix Medical <br> Group, Inc.<br>| 301396 | 3881980 |
| \* | Pennant Group, Inc. | 156025 | 3997361 |
| \* | Penumbra, Inc. | 86723 | 25395963 |
| #\* | PepGen, Inc. | 4559 | 7158 |
| \* | Performant <br> Healthcare, Inc.<br>| 178342 | 420887 |
|  | Perrigo Co. PLC | 562753 | 14474007 |
| \* | Personalis, Inc. | 107280 | 405518 |
|  | Phibro Animal Health <br> Corp., Class A<br>| 87562 | 1629529 |
| \* | Phreesia, Inc. | 13918 | 347393 |
| \* | Pliant Therapeutics, <br> Inc.<br>| 77879 | 123828 |
| †† | Poseida Therapeutics, <br> Inc.<br>| 44685 | 22343 |
| \* | Precision <br> BioSciences, Inc.<br>| 4894 | 27602 |
| # | Premier, Inc., Class A | 443663 | 9028542 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Prestige Consumer <br> Healthcare, Inc.<br>| 256942 | $20871399 |
| \* | Privia Health Group, <br> Inc.<br>| 440992 | 10354492 |
| \* | Pro-Dex, Inc. | 22198 | 1457965 |
| \* | Progyny, Inc. | 365635 | 8351103 |
| \* | Protalix <br> BioTherapeutics, <br> Inc.<br>| 5355 | 16440 |
| #\* | Protara Therapeutics, <br> Inc.<br>| 8141 | 28494 |
| #\* | Prothena Corp. PLC | 230073 | 2116672 |
| \* | PTC Therapeutics, <br> Inc.<br>| 141399 | 7047326 |
| \* | Pulmonx Corp. | 91271 | 440839 |
| \* | Puma Biotechnology, <br> Inc.<br>| 177121 | 563245 |
| \* | Quanterix Corp. | 158875 | 915120 |
| \* | QuidelOrtho Corp. | 82645 | 2296705 |
| \* | RadNet, Inc. | 335532 | 17575166 |
| \* | REGENXBIO, Inc. | 204604 | 1966244 |
| \* | Relay Therapeutics, <br> Inc.<br>| 203397 | 677312 |
| \* | Repligen Corp. | 216573 | 29884908 |
| #\* | Replimune Group, <br> Inc.<br>| 96454 | 943320 |
| \* | Revolution Medicines, <br> Inc.<br>| 158024 | 6381009 |
| \*†† | Rexahn <br> Pharmaceuticals, <br> Inc.<br>| 246 | 0 |
| \* | Rezolute, Inc. | 34215 | 128648 |
| \* | Rigel <br> Pharmaceuticals, <br> Inc.<br>| 21359 | 417782 |
| \* | Rocket <br> Pharmaceuticals, <br> Inc.<br>| 45448 | 346768 |
| #\* | Roivant Sciences Ltd. | 2038786 | 23690693 |
| #\* | RxSight, Inc. | 125509 | 1847492 |
| \* | Sage Therapeutics, <br> Inc.<br>| 12059 | 87910 |
| #\* | Sana Biotechnology, <br> Inc.<br>| 223410 | 424479 |
| \* | Sanara Medtech, Inc. | 8376 | 267529 |
| \* | Sarepta Therapeutics, <br> Inc.<br>| 216175 | 13489320 |
| \* | Savara, Inc. | 86670 | 277344 |
| #\* | Schrodinger, Inc. | 184446 | 4727351 |
|  | Select Medical <br> Holdings Corp.<br>| 673773 | 12289620 |
| #\* | Semler Scientific, Inc. | 29891 | 966376 |
| \* | Sensus Healthcare, <br> Inc.<br>| 53286 | 229130 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| #\* | SI-BONE, Inc. | 71544 | $976576 |
|  | SIGA Technologies, <br> Inc.<br>| 291028 | 1606475 |
| \* | Sight Sciences, Inc. | 52536 | 160235 |
| # | Simulations Plus, Inc. | 82829 | 2845176 |
| \* | Solid Biosciences, <br> Inc.<br>| 6664 | 22058 |
| \* | Sonida Senior Living, <br> Inc.<br>| 6886 | 159893 |
| #\* | Sotera Health Co. | 861541 | 9907722 |
| \* | SpringWorks <br> Therapeutics, Inc.<br>| 110461 | 5114344 |
| #\* | STAAR Surgical Co. | 205540 | 3753160 |
| \* | Stoke Therapeutics, <br> Inc.<br>| 110823 | 1081632 |
| \* | Supernus <br> Pharmaceuticals, <br> Inc.<br>| 302113 | 9812630 |
| #\* | Surgery Partners, Inc. | 530877 | 11652750 |
| \* | Surmodics, Inc. | 84000 | 2352840 |
| \* | Sutro Biopharma, Inc. | 343242 | 360404 |
| \* | Syndax <br> Pharmaceuticals, <br> Inc.<br>| 96597 | 1366848 |
| \* | Tactile Systems <br> Technology, Inc.<br>| 92606 | 1307597 |
| \* | Talkspace, Inc. | 400808 | 1230481 |
| \* | Tango Therapeutics, <br> Inc.<br>| 147382 | 207809 |
| \* | Tarsus <br> Pharmaceuticals, <br> Inc.<br>| 39577 | 2054442 |
| \* | Tectonic Therapeutic, <br> Inc.<br>| 1407 | 29350 |
| \* | Teladoc Health, Inc. | 436297 | 3136975 |
|  | Teleflex, Inc. | 130343 | 17863508 |
| \* | Terns <br> Pharmaceuticals, <br> Inc.<br>| 286830 | 946539 |
| †† | Tetraphase <br> Pharmaceuticals, <br> Inc.<br>| 2198 | 66 |
| \* | Theravance <br> Biopharma, Inc.<br>| 139467 | 1362593 |
| \* | Third Harmonic Bio, <br> Inc.<br>| 16199 | 83749 |
| #\* | TransMedics Group, <br> Inc.<br>| 122582 | 11278770 |
| \* | Trevi Therapeutics, <br> Inc.<br>| 5258 | 36333 |
| \* | TruBridge, Inc. | 19144 | 498318 |
| \* | TScan Therapeutics, <br> Inc.<br>| 17879 | 28696 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Twist Bioscience <br> Corp.<br>| 179453 | $6876639 |
| \* | Tyra Biosciences, Inc. | 2610 | 26883 |
|  | U.S. Physical <br> Therapy, Inc.<br>| 68844 | 4895497 |
| #\* | UFP Technologies, <br> Inc.<br>| 34805 | 7258235 |
| \* | UNITY Biotechnology, <br> Inc.<br>| 2062 | 2330 |
|  | Utah Medical <br> Products, Inc.<br>| 21797 | 1127995 |
| \* | Vanda <br> Pharmaceuticals, <br> Inc.<br>| 247838 | 1117749 |
| \* | Varex Imaging Corp. | 168222 | 1399607 |
| \* | Veracyte, Inc. | 338851 | 10334956 |
| \* | Vericel Corp. | 205022 | 7794936 |
| \* | Verve Therapeutics, <br> Inc.<br>| 23736 | 134583 |
|  | Viatris, Inc. | 425046 | 3578887 |
| \* | Vicarious Surgical, <br> Inc., Class A<br>| 1547 | 12778 |
| \* | Vir Biotechnology, <br> Inc.<br>| 174358 | 1067071 |
| \* | Viridian Therapeutics, <br> Inc.<br>| 4808 | 65148 |
| \* | Voyager Therapeutics, <br> Inc.<br>| 117796 | 419354 |
| \* | Werewolf <br> Therapeutics, Inc.<br>| 6310 | 5694 |
| \* | Xencor, Inc. | 293412 | 3233400 |
| \* | Xenon <br> Pharmaceuticals, <br> Inc.<br>| 101904 | 3892733 |
| \* | XOMA Royalty Corp. | 2364 | 56831 |
| \* | Y-mAbs Therapeutics, <br> Inc.<br>| 42313 | 179830 |
| \* | Zentalis <br> Pharmaceuticals, <br> Inc.<br>| 89227 | 126702 |
| \* | Zimvie, Inc. | 114145 | 1034154 |
| \* | Zymeworks, Inc. | 215550 | 2804306 |
| TOTAL HEALTH CARE | TOTAL HEALTH CARE |  | 1537167322 |
| INDUSTRIALS — (19.0%) | INDUSTRIALS — (19.0%) | INDUSTRIALS — (19.0%) | INDUSTRIALS — (19.0%) |
|  | A.O. Smith Corp. | 211149 | 14328571 |
|  | AAON, Inc. | 365478 | 33357177 |
| \* | AAR Corp. | 183730 | 9822206 |
|  | ABM Industries, Inc. | 338335 | 16490448 |
|  | ACCO Brands Corp. | 579758 | 2237866 |
|  | Acme United Corp. | 19151 | 737697 |
|  | Acuity, Inc. | 103776 | 25280871 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| \* | ACV Auctions, Inc., <br> Class A<br>| 513608 | $7544902 |
|  | Advanced Drainage <br> Systems, Inc.<br>| 133004 | 15094624 |
| #\* | AeroVironment, Inc. | 127878 | 19376075 |
| \* | AerSale Corp. | 8202 | 57168 |
| # | AGCO Corp. | 187112 | 15872711 |
| # | Air Lease Corp. | 491332 | 22974684 |
|  | Alamo Group, Inc. | 54784 | 9147832 |
| \* | Alaska Air Group, Inc. | 501581 | 22204991 |
|  | Albany International <br> Corp., Class A<br>| 152834 | 10050364 |
|  | Alight, Inc., Class A | 1812392 | 9261323 |
|  | Allegiant Travel Co. | 75049 | 3522050 |
|  | Allient, Inc. | 107164 | 2287951 |
|  | Allison Transmission <br> Holdings, Inc.<br>| 371697 | 34285331 |
| \* | Alpha Pro Tech Ltd. | 22068 | 96658 |
| # | Alta Equipment <br> Group, Inc.<br>| 113034 | 480394 |
| #\* | Ameresco, Inc., <br> Class A<br>| 155086 | 1648564 |
| #\* | American Airlines <br> Group, Inc.<br>| 1715972 | 17073921 |
| #\* | American <br> Superconductor <br> Corp.<br>| 121669 | 2415130 |
| \* | American Woodmark <br> Corp.<br>| 83160 | 4906440 |
| \* | API Group Corp. | 466924 | 17663735 |
|  | Apogee Enterprises, <br> Inc.<br>| 118230 | 4690184 |
|  | Applied Industrial <br> Technologies, Inc.<br>| 174755 | 42514396 |
|  | ArcBest Corp. | 106530 | 6234136 |
|  | Arcosa, Inc. | 212738 | 17033932 |
|  | Argan, Inc. | 93072 | 14252115 |
|  | Armstrong World <br> Industries, Inc.<br>| 211515 | 30673905 |
|  | Astec Industries, Inc. | 109043 | 3950628 |
| #\* | Astronics Corp. <br> (ATRO US)<br>| 125191 | 2840584 |
| \* | Astronics Corp. <br> (ATROB US), <br> Class B<br>| 39754 | 904403 |
| \* | Asure Software, Inc. | 108713 | 1104524 |
|  | Atkore, Inc. | 155884 | 9956311 |
|  | Atmus Filtration <br> Technologies, Inc.<br>| 166918 | 5787047 |
| \* | Avalon Holdings <br> Corp., Class A<br>| 27805 | 76186 |
| #\* | Avis Budget Group, <br> Inc.<br>| 62648 | 5803084 |
| \* | AZEK Co., Inc. | 635692 | 31504896 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | AZZ, Inc. | 132294 | $11477827 |
|  | Barrett Business <br> Services, Inc.<br>| 173626 | 7042271 |
| \* | BGSF, Inc. | 17440 | 57552 |
| \* | BlackSky Technology, <br> Inc.<br>| 23035 | 192573 |
| \* | Blade Air Mobility, <br> Inc.<br>| 134087 | 355331 |
| #\* | Bloom Energy Corp., <br> Class A<br>| 439019 | 8042828 |
| #\* | Blue Bird Corp. | 128190 | 4469985 |
| \* | BlueLinx Holdings, <br> Inc.<br>| 38288 | 2494080 |
|  | Boise Cascade Co. | 212536 | 19825358 |
| \* | Bowman Consulting <br> Group Ltd.<br>| 19690 | 435543 |
|  | Brady Corp., Class A | 248097 | 17438738 |
| \* | BrightView Holdings, <br> Inc.<br>| 249465 | 3422660 |
|  | Brink's Co. | 195775 | 17470961 |
| \* | Broadwind, Inc. | 33929 | 52929 |
|  | BWX Technologies, <br> Inc.<br>| 238499 | 26025011 |
| \* | Byrna Technologies, <br> Inc.<br>| 35561 | 796211 |
| #\* | CACI International, <br> Inc., Class A<br>| 48968 | 22420978 |
| \* | Cadeler AS (CDLR <br> US), ADR<br>| 42883 | 894968 |
| # | Cadre Holdings, Inc. | 111043 | 3236903 |
| \* | Casella Waste <br> Systems, Inc., <br> Class A<br>| 269148 | 31611433 |
| \* | CBIZ, Inc. | 224781 | 15307586 |
| \* | CECO Environmental <br> Corp.<br>| 224140 | 5332291 |
| #\* | Chart Industries, Inc. | 146104 | 19721118 |
|  | Chicago Rivet & <br> Machine Co.<br>| 3975 | 52669 |
| #\* | Cimpress PLC | 134027 | 5631815 |
|  | Civeo Corp. | 21486 | 408019 |
| #\* | Clarivate PLC | 2132619 | 9191588 |
|  | Columbus McKinnon <br> Corp.<br>| 123967 | 1840910 |
|  | Comfort Systems <br> USA, Inc.<br>| 61261 | 24354311 |
| \* | Commercial Vehicle <br> Group, Inc.<br>| 146451 | 140637 |
|  | CompX International, <br> Inc.<br>| 21289 | 579061 |
|  | Concentrix Corp. | 5286 | 269903 |
|  | Concrete Pumping <br> Holdings, Inc.<br>| 105805 | 634830 |
| \* | Conduent, Inc. | 1019361 | 2150852 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| #\* | Construction Partners, <br> Inc., Class A<br>| 142986 | $11744870 |
|  | Copa Holdings SA, <br> Class A<br>| 115295 | 10579469 |
| \* | Core & Main, Inc., <br> Class A<br>| 386616 | 20366931 |
| #†† | Costa <br> Communications, <br> Inc.<br>| 5954 | 893 |
|  | Costamare, Inc. | 535141 | 4992866 |
|  | Covenant Logistics <br> Group, Inc.<br>| 99019 | 1970478 |
|  | CRA International, <br> Inc.<br>| 37694 | 6113967 |
|  | Crane Co. | 186385 | 30004257 |
|  | CSG Systems <br> International, Inc.<br>| 136388 | 8201010 |
|  | CSW Industrials, Inc. | 76055 | 23765666 |
| \* | Custom Truck One <br> Source, Inc.<br>| 178960 | 721209 |
| \* | Dayforce, Inc. | 324362 | 18770829 |
|  | Deluxe Corp. | 188785 | 2756261 |
| \* | Distribution Solutions <br> Group, Inc.<br>| 179453 | 4672956 |
| \* | DLH Holdings Corp. | 2381 | 9381 |
| \* | DNOW, Inc. | 480945 | 7632597 |
|  | Donaldson Co., Inc. | 219439 | 14423725 |
|  | Douglas Dynamics, <br> Inc.<br>| 130489 | 3129126 |
| \* | Driven Brands <br> Holdings, Inc.<br>| 177044 | 2924767 |
| \* | Ducommun, Inc. | 88350 | 5064222 |
|  | Dun & Bradstreet <br> Holdings, Inc.<br>| 1374492 | 12329193 |
| \* | DXP Enterprises, Inc. | 118488 | 10481448 |
| \* | Dycom Industries, <br> Inc.<br>| 131324 | 22003336 |
|  | Eastern Co. | 30684 | 644057 |
| \* | Energy Recovery, Inc. | 114686 | 1771899 |
|  | Enerpac Tool Group <br> Corp.<br>| 292645 | 11814079 |
|  | EnerSys | 178677 | 15473428 |
|  | Ennis, Inc. | 158696 | 2848593 |
|  | Enpro, Inc. | 111661 | 16682153 |
| \* | Enviri Corp. | 270485 | 1858232 |
|  | Esab Corp. | 240283 | 28862794 |
|  | ESCO Technologies, <br> Inc.<br>| 154742 | 24209386 |
|  | Espey Mfg. & <br> Electronics Corp.<br>| 8095 | 249002 |
| \* | Everus Construction <br> Group, Inc.<br>| 193625 | 7791470 |
|  | EVI Industries, Inc. | 17700 | 285501 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| \* | ExlService Holdings, <br> Inc.<br>| 752683 | $36490072 |
|  | Exponent, Inc. | 230291 | 18119296 |
|  | Federal Signal Corp. | 276872 | 22545687 |
| #\* | First Advantage Corp. | 416274 | 5869463 |
|  | Flowserve Corp. | 486947 | 22024613 |
| #\* | Fluence Energy, Inc. | 392573 | 1605624 |
| \* | Fluor Corp. | 588956 | 20548675 |
| \* | Forrester Research, <br> Inc.<br>| 43557 | 407258 |
| # | Fortune Brands <br> Innovations, Inc.<br>| 332225 | 17880349 |
| \* | Franklin Covey Co. | 59861 | 1215777 |
|  | Franklin Electric Co., <br> Inc.<br>| 216585 | 18401062 |
| \* | FreightCar America, <br> Inc.<br>| 12626 | 72978 |
| #\* | Frontier Group <br> Holdings, Inc.<br>| 139153 | 414676 |
| # | FTAI Aviation Ltd. | 23433 | 2509909 |
| # | FTAI Infrastructure, <br> Inc.<br>| 283260 | 1223683 |
| \* | FTI Consulting, Inc. | 155073 | 25785538 |
| \* | Gates Industrial Corp. <br> PLC<br>| 772389 | 14613600 |
|  | GATX Corp. | 223228 | 32582359 |
| # | Genco Shipping & <br> Trading Ltd.<br>| 206174 | 2672015 |
| \* | Gencor Industries, <br> Inc.<br>| 113942 | 1445924 |
| \* | Generac Holdings, <br> Inc.<br>| 181383 | 20746588 |
|  | Genpact Ltd. | 585188 | 29411549 |
| \* | Gibraltar Industries, <br> Inc.<br>| 134475 | 7120451 |
|  | Global Industrial Co. | 172481 | 4429312 |
| \* | GMS, Inc. | 173967 | 12744822 |
|  | Gorman-Rupp Co. | 234351 | 8403827 |
| \* | Graham Corp. | 43530 | 1326794 |
| # | Granite Construction, <br> Inc.<br>| 222290 | 18069954 |
| \* | Great Lakes Dredge & <br> Dock Corp.<br>| 335416 | 3048931 |
|  | Greenbrier Cos., Inc. | 142109 | 6028264 |
|  | Griffon Corp. | 215391 | 14670281 |
| \* | GXO Logistics, Inc. | 372654 | 13504981 |
|  | H&E Equipment <br> Services, Inc.<br>| 193812 | 17406256 |
| \* | Hayward Holdings, <br> Inc.<br>| 648817 | 8648731 |
| \* | Healthcare Services <br> Group, Inc.<br>| 304447 | 4326192 |
|  | Heartland Express, <br> Inc.<br>| 317683 | 2414391 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Heidrick & Struggles <br> International, Inc.<br>| 131010 | $5112010 |
|  | Helios Technologies, <br> Inc.<br>| 162361 | 4425961 |
| # | Herc Holdings, Inc. | 128951 | 14112397 |
| #\* | Hertz Global Holdings, <br> Inc.<br>| 239400 | 1632708 |
|  | Hexcel Corp. | 281730 | 13655453 |
|  | Hillenbrand, Inc. | 266464 | 5390567 |
| \* | Hillman Solutions <br> Corp.<br>| 428748 | 2996949 |
|  | HireQuest, Inc. | 703 | 7227 |
|  | HNI Corp. | 215856 | 9130709 |
|  | Hub Group, Inc., <br> Class A<br>| 276105 | 8722157 |
| \* | Hudson Technologies, <br> Inc.<br>| 204867 | 1370560 |
|  | Huntington Ingalls <br> Industries, Inc.<br>| 28964 | 6671568 |
|  | Hurco Cos., Inc. | 23758 | 396283 |
| \* | Huron Consulting <br> Group, Inc.<br>| 139162 | 18757646 |
| \* | Hyliion Holdings <br> Corp.<br>| 48376 | 73048 |
|  | Hyster-Yale, Inc. | 63971 | 2458406 |
| \* | IBEX Holdings Ltd. | 48519 | 1214916 |
|  | ICF International, Inc. | 85420 | 7257283 |
| #\* | IES Holdings, Inc. | 179046 | 35214767 |
| #\* | Innodata, Inc. | 82780 | 3130740 |
| \* | Innovative Solutions & <br> Support, Inc.<br>| 65255 | 439819 |
|  | Insperity, Inc. | 162628 | 10572446 |
|  | Insteel Industries, Inc. | 98701 | 3346951 |
|  | Interface, Inc. | 256958 | 4830810 |
| \* | Janus International <br> Group, Inc.<br>| 404382 | 2782148 |
|  | JBT Marel Corp. | 18903 | 1989730 |
| \* | JELD-WEN Holding, <br> Inc.<br>| 331376 | 1829196 |
| #\* | JetBlue Airways Corp. | 1480549 | 6455194 |
| # | Kadant, Inc. | 53472 | 15774240 |
|  | Karat Packaging, Inc. | 20423 | 538759 |
|  | KBR, Inc. | 369548 | 19515830 |
|  | Kelly Services, Inc., <br> Class A<br>| 138282 | 1597157 |
|  | Kennametal, Inc. | 508710 | 9909671 |
|  | Kforce, Inc. | 106347 | 4062455 |
| \* | Kirby Corp. | 239885 | 23117717 |
|  | Knight-Swift <br> Transportation <br> Holdings, Inc.<br>| 478623 | 18747663 |
|  | Korn Ferry | 234042 | 14440391 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| #\* | Kratos Defense & <br> Security Solutions, <br> Inc.<br>| 692632 | $23400572 |
| \* | L.B. Foster Co., <br> Class A<br>| 46837 | 935335 |
|  | Landstar System, Inc. | 107308 | 14395368 |
| \* | Legalzoom.com, Inc. | 558274 | 4086566 |
|  | Leonardo DRS, Inc. | 392544 | 14508426 |
| #\* | Limbach Holdings, <br> Inc.<br>| 73188 | 7007019 |
|  | Lindsay Corp. | 48035 | 6199397 |
| \* | Liquidity Services, <br> Inc.<br>| 299556 | 9519890 |
|  | LSI Industries, Inc. | 262613 | 3962830 |
|  | Luxfer Holdings PLC | 26367 | 283709 |
| \* | Lyft, Inc., Class A | 1115086 | 13827066 |
| \* | Manitowoc Co., Inc. | 144240 | 1136611 |
|  | ManpowerGroup, Inc. | 182696 | 7868717 |
|  | Marten Transport Ltd. | 489377 | 6283601 |
| #\* | MasTec, Inc. | 186864 | 23791524 |
| \* | Mastech Digital, Inc. | 67197 | 494570 |
| \* | Masterbrand, Inc. | 458035 | 5565125 |
| \* | Matrix Service Co. | 112596 | 1306114 |
|  | Matson, Inc. | 192157 | 20962407 |
|  | Matthews International <br> Corp., Class A<br>| 57159 | 1168902 |
|  | Maximus, Inc. | 214471 | 14360978 |
| \* | Mayville Engineering <br> Co., Inc.<br>| 44592 | 569886 |
|  | McGrath RentCorp | 112544 | 12005068 |
| \* | Mercury Systems, <br> Inc.<br>| 263013 | 13150650 |
| \* | Middleby Corp. | 158456 | 21130108 |
| # | Miller Industries, Inc. | 61443 | 2507489 |
|  | MillerKnoll, Inc. | 286805 | 4703602 |
| \* | Mistras Group, Inc. | 125092 | 1140839 |
| #\* | Montrose <br> Environmental <br> Group, Inc.<br>| 142101 | 2078938 |
|  | Moog, Inc., Class A | 196687 | 32895901 |
| \* | MRC Global, Inc. | 363518 | 4234985 |
|  | MSA Safety, Inc. | 181124 | 28512540 |
| # | MSC Industrial Direct <br> Co., Inc., Class A<br>| 171084 | 13084504 |
|  | Mueller Industries, <br> Inc.<br>| 602048 | 44286651 |
|  | Mueller Water <br> Products, Inc., <br> Class A<br>| 709657 | 18621400 |
| \* | MYR Group, Inc. | 73397 | 8977921 |
|  | National Presto <br> Industries, Inc.<br>| 29367 | 2477106 |
| \* | Net Power, Inc. | 14554 | 24742 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| \* | NEXTracker, Inc., <br> Class A<br>| 429230 | $17431030 |
|  | NL Industries, Inc. | 109368 | 938377 |
| \* | NN, Inc. | 28556 | 57398 |
| \* | Northwest Pipe Co. | 66904 | 2834053 |
| \* | NV5 Global, Inc. | 284751 | 5282131 |
|  | nVent Electric PLC | 278628 | 15299463 |
|  | Omega Flex, Inc. | 42209 | 1264582 |
| \* | OPENLANE, Inc. | 480156 | 8887688 |
| \* | Orion Group Holdings, <br> Inc.<br>| 155264 | 992137 |
|  | Oshkosh Corp. | 233005 | 19516499 |
| \* | PAMT Corp. | 149447 | 2087775 |
| # | Pangaea Logistics <br> Solutions Ltd.<br>| 134416 | 541696 |
|  | Park Aerospace Corp. | 86680 | 1132908 |
|  | Park-Ohio Holdings <br> Corp.<br>| 52229 | 1039879 |
| \* | Parsons Corp. | 292390 | 19549195 |
| \* | Paylocity Holding <br> Corp.<br>| 104651 | 20103457 |
| \* | Perma-Fix <br> Environmental <br> Services, Inc.<br>| 18767 | 153889 |
| \* | Perma-Pipe <br> International <br> Holdings, Inc.<br>| 32813 | 393756 |
|  | Pioneer Power <br> Solutions, Inc.<br>| 17282 | 46143 |
|  | Pitney Bowes, Inc. | 187871 | 1630720 |
| \* | Planet Labs PBC | 348162 | 1145453 |
| # | Powell Industries, Inc. | 95807 | 17543220 |
| #\* | Power Solutions <br> International, Inc.<br>| 2271 | 57275 |
|  | Preformed Line <br> Products Co.<br>| 32505 | 4465212 |
|  | Primoris Services <br> Corp.<br>| 356386 | 21372468 |
| \* | Proto Labs, Inc. | 129517 | 4553818 |
| \* | Pursuit Attractions & <br> Hospitality, Inc.<br>| 96418 | 2824083 |
|  | Quad/Graphics, Inc. | 161068 | 768294 |
|  | Quanex Building <br> Products Corp.<br>| 150306 | 2471031 |
| \* | Quest Resource <br> Holding Corp.<br>| 12483 | 29460 |
| \* | Radiant Logistics, Inc. | 339608 | 1986707 |
| \* | RBC Bearings, Inc. | 56779 | 18655876 |
| \* | RCM Technologies, <br> Inc.<br>| 55370 | 965653 |
|  | Regal Rexnord Corp. | 62454 | 6610131 |
| \* | Resideo Technologies, <br> Inc.<br>| 566038 | 9498118 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Resources <br> Connection, Inc.<br>| 138511 | $794361 |
|  | REV Group, Inc. | 264991 | 8665206 |
| # | Robert Half, Inc. | 301754 | 13367702 |
| #\* | Rocket Lab USA, Inc. | 350000 | 7626500 |
|  | Rush Enterprises, Inc. <br> (RUSHA US), <br> Class A<br>| 374004 | 19070464 |
|  | Rush Enterprises, Inc. <br> (RUSHB US), <br> Class B<br>| 107397 | 6211842 |
| \* | RXO, Inc. | 419142 | 5905711 |
|  | Ryder System, Inc. | 63577 | 8752646 |
| \* | Saia, Inc. | 36610 | 8932840 |
|  | Schneider National, <br> Inc., Class B<br>| 329245 | 7075475 |
|  | Science Applications <br> International Corp.<br>| 192394 | 23285446 |
|  | Sensata Technologies <br> Holding PLC<br>| 440225 | 9420815 |
| \* | Servotronics, Inc. | 1500 | 15990 |
|  | Shyft Group, Inc. | 201041 | 1700807 |
| \* | SIFCO Industries, <br> Inc.<br>| 14255 | 37776 |
|  | Simpson <br> Manufacturing Co., <br> Inc.<br>| 202736 | 31158496 |
| \* | SiteOne Landscape <br> Supply, Inc.<br>| 124436 | 14286497 |
| \* | Skillsoft Corp. | 2923 | 55917 |
| \* | SkyWest, Inc. | 214195 | 19099768 |
| \* | SPX Technologies, <br> Inc.<br>| 210190 | 28196988 |
|  | Standex International <br> Corp.<br>| 74585 | 10547811 |
|  | Steelcase, Inc., <br> Class A<br>| 414196 | 4108824 |
| \* | Sterling Infrastructure, <br> Inc.<br>| 137840 | 20597431 |
| \* | Stratasys Ltd. | 55500 | 523920 |
| \* | Sun Country Airlines <br> Holdings, Inc.<br>| 81145 | 795221 |
| #\* | Sunrun, Inc. | 811203 | 5589189 |
| #\* | TaskUS, Inc., Class A | 78472 | 1095469 |
| \* | Taylor Devices, Inc. | 2075 | 66192 |
| \* | Team, Inc. | 1879 | 38557 |
| # | Tecnoglass, Inc. | 169133 | 12054109 |
|  | Tennant Co. | 85223 | 6149692 |
|  | Terex Corp. | 348224 | 12257485 |
|  | Tetra Tech, Inc. | 471566 | 14708144 |
| \* | Thermon Group <br> Holdings, Inc.<br>| 146679 | 3847390 |
|  | Timken Co. | 322162 | 20698908 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| \* | Titan International, <br> Inc.<br>| 286391 | $2104974 |
| \* | Titan Machinery, Inc. | 114950 | 1907020 |
|  | Toro Co. | 266618 | 18204677 |
| #\* | Transcat, Inc. | 41467 | 3289577 |
| #\* | Trex Co., Inc. | 299599 | 17322814 |
|  | TriNet Group, Inc. | 190236 | 14901186 |
|  | Trinity Industries, Inc. | 396651 | 9955940 |
| \* | Triumph Group, Inc. | 31142 | 791007 |
| \* | TrueBlue, Inc. | 115744 | 502329 |
|  | TTEC Holdings, Inc. | 80525 | 322100 |
| \* | Tutor Perini Corp. | 276512 | 5933948 |
|  | Twin Disc, Inc. | 55883 | 410181 |
|  | UFP Industries, Inc. | 322808 | 31909571 |
| \* | Ultralife Corp. | 86080 | 385638 |
|  | UniFirst Corp. | 69953 | 12484512 |
|  | Universal Logistics <br> Holdings, Inc.<br>| 126819 | 2757045 |
| \* | Upwork, Inc. | 499540 | 6568951 |
| \* | V2X, Inc. | 102644 | 5107565 |
|  | Valmont Industries, <br> Inc.<br>| 105000 | 30788100 |
| \* | Verra Mobility Corp. | 665304 | 14503627 |
|  | Vestis Corp. | 299707 | 2625433 |
| \* | Vicor Corp. | 131856 | 5261714 |
|  | Virco Mfg. Corp. | 39152 | 359807 |
| \* | VirTra, Inc. | 29728 | 139127 |
| # | VSE Corp. | 85811 | 9827076 |
|  | Wabash National <br> Corp.<br>| 294211 | 2032998 |
|  | Watts Water <br> Technologies, Inc., <br> Class A<br>| 128456 | 26686734 |
| # | Werner Enterprises, <br> Inc.<br>| 331461 | 8173828 |
|  | WESCO International, <br> Inc.<br>| 144188 | 23496876 |
| \* | Willdan Group, Inc. | 35185 | 1379252 |
|  | Willis Lease Finance <br> Corp.<br>| 32308 | 4998694 |
|  | WillScot Holdings <br> Corp.<br>| 502093 | 12612576 |
|  | Woodward, Inc. | 4929 | 924533 |
|  | Worthington <br> Enterprises, Inc.<br>| 226783 | 11482023 |
| #\* | Xometry, Inc., <br> Class A<br>| 140338 | 3598266 |
|  | Zurn Elkay Water <br> Solutions Corp.<br>| 407024 | 13822535 |
| TOTAL INDUSTRIALS | TOTAL INDUSTRIALS |  | 3032395665 |
| INFORMATION TECHNOLOGY — (10.7%) | INFORMATION TECHNOLOGY — (10.7%) | INFORMATION TECHNOLOGY — (10.7%) | INFORMATION TECHNOLOGY — (10.7%) |
| \* | 8x8, Inc. | 110960 | 196399 |
| #\* | 908 Devices, Inc. | 29922 | 162476 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
|  | A10 Networks, Inc. | 322483 | $5314520 |
| \* | ACCESS Newswire, <br> Inc.<br>| 13122 | 106944 |
| \* | ACI Worldwide, Inc. | 617866 | 32969330 |
|  | Adeia, Inc. | 464273 | 5715201 |
| \* | ADTRAN Holdings, <br> Inc.<br>| 7491 | 57381 |
|  | Advanced Energy <br> Industries, Inc.<br>| 171697 | 16725005 |
| \* | Aeva Technologies, <br> Inc.<br>| 5325 | 37861 |
| \* | Agilysys, Inc. | 77716 | 5778185 |
| \* | Airgain, Inc. | 2708 | 10155 |
| \* | Alarm.com Holdings, <br> Inc.<br>| 241235 | 12930196 |
| #\* | Alithya Group, Inc., <br> Class A<br>| 48340 | 58008 |
| \* | Alkami Technology, <br> Inc.<br>| 353232 | 9427762 |
| #\* | Allegro MicroSystems, <br> Inc.<br>| 547526 | 10441321 |
| \* | Alpha & Omega <br> Semiconductor Ltd.<br>| 133916 | 2521638 |
| \* | Ambarella, Inc. | 123423 | 5923070 |
|  | Amdocs Ltd. | 124901 | 11063731 |
|  | Amkor Technology, <br> Inc.<br>| 1119577 | 19536619 |
| \* | Amtech Systems, Inc. | 86064 | 296921 |
| \* | Appfolio, Inc., Class A | 59206 | 12227223 |
| #\* | Applied <br> Optoelectronics, <br> Inc.<br>| 126651 | 1619866 |
| \* | Arlo Technologies, <br> Inc.<br>| 1923 | 18903 |
| \* | Arrow Electronics, <br> Inc.<br>| 199186 | 22181353 |
| \* | ASGN, Inc. | 202112 | 10182403 |
| \* | AstroNova, Inc. | 39034 | 324373 |
| #\* | Aurora Innovation, <br> Inc.<br>| 2670444 | 19334015 |
| \* | AvePoint, Inc. | 610784 | 9986318 |
| \* | Aviat Networks, Inc. | 51165 | 898457 |
|  | Avnet, Inc. | 471713 | 22165794 |
| \* | Aware, Inc. | 28531 | 47361 |
| \* | Axcelis Technologies, <br> Inc.<br>| 145712 | 7136974 |
| \* | Backblaze, Inc., <br> Class A<br>| 100 | 440 |
|  | Badger Meter, Inc. | 133851 | 29556978 |
|  | Bel Fuse, Inc. (BELFA <br> US), Class A<br>| 10147 | 623026 |
|  | Bel Fuse, Inc. (BELFB <br> US), Class B<br>| 46696 | 3071196 |
|  | Belden, Inc. | 254576 | 26249331 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
|  | Benchmark <br> Electronics, Inc.<br>| 187930 | $6113363 |
| \* | Bill Holdings, Inc. | 343442 | 15650652 |
| \* | BK Technologies <br> Corp.<br>| 17076 | 761931 |
| \* | Blackbaud, Inc. | 223123 | 13507866 |
| #\* | BlackLine, Inc. | 201393 | 9511791 |
| \* | Box, Inc., Class A | 697122 | 21764149 |
| #\* | C3.ai, Inc., Class A | 32078 | 706037 |
| \* | Calix, Inc. | 303994 | 12436395 |
| #\* | CCC Intelligent <br> Solutions Holdings, <br> Inc.<br>| 2243644 | 20776143 |
| #\* | Cerence, Inc. | 148627 | 1346561 |
| \* | CEVA, Inc. | 107564 | 2819252 |
| \* | Ciena Corp. | 445488 | 29918974 |
| #\* | Cipher Mining, Inc. | 200515 | 571468 |
| \* | Cirrus Logic, Inc. | 240835 | 23129793 |
| # | Clear Secure, Inc., <br> Class A<br>| 293509 | 7243802 |
| #\* | Clearfield, Inc. | 37631 | 1078881 |
| \* | Clearwater Analytics <br> Holdings, Inc., <br> Class A<br>| 75820 | 1724135 |
|  | Climb Global <br> Solutions, Inc.<br>| 25007 | 2635738 |
| \* | Coda Octopus Group, <br> Inc.<br>| 2667 | 17869 |
|  | Cognex Corp. | 462722 | 12632311 |
| \* | Coherent Corp. | 145659 | 9368787 |
| \* | Cohu, Inc. | 221616 | 3545856 |
| \* | CommScope Holding <br> Co., Inc.<br>| 82764 | 309537 |
| \* | Commvault Systems, <br> Inc.<br>| 180307 | 30134709 |
| \* | Comtech <br> Telecommunications <br> Corp.<br>| 161 | 221 |
| \* | Consensus Cloud <br> Solutions, Inc.<br>| 70618 | 1402473 |
| #\* | Core Scientific, Inc. | 821415 | 6653461 |
| \* | CoreCard Corp. | 33316 | 646997 |
| \* | Corsair Gaming, Inc. | 238741 | 1690286 |
| \* | CPI Card Group, Inc. | 7692 | 201069 |
| # | Crane NXT Co. | 206116 | 9670963 |
| \* | Credo Technology <br> Group Holding Ltd.<br>| 682289 | 29372541 |
| \* | Crexendo, Inc. | 4563 | 22496 |
| \* | CS Disco, Inc. | 172789 | 644503 |
|  | CSP, Inc. | 50132 | 834196 |
|  | CTS Corp. | 175264 | 6674053 |
| \* | CVD Equipment <br> Corp.<br>| 8212 | 23815 |
| \* | Daily Journal Corp. | 5585 | 2116603 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | Daktronics, Inc. | 249403 | $3164924 |
| \* | Data I/O Corp. | 31665 | 72196 |
| \* | Diebold Nixdorf, Inc. | 41105 | 1822185 |
| \* | Digi International, Inc. | 192847 | 5245438 |
| #\* | DigitalOcean <br> Holdings, Inc.<br>| 331472 | 10242485 |
| \* | Diodes, Inc. | 209970 | 8062848 |
|  | Dolby Laboratories, <br> Inc., Class A<br>| 173451 | 13319302 |
| \* | DoubleVerify Holdings, <br> Inc.<br>| 319814 | 4240734 |
| \* | Dropbox, Inc., <br> Class A<br>| 721065 | 20586406 |
| \* | DXC Technology Co. | 925236 | 14359663 |
| \* | E2open Parent <br> Holdings, Inc.<br>| 980776 | 1932129 |
| #\* | Eastman Kodak Co. | 128402 | 807649 |
| \* | eGain Corp. | 107650 | 553321 |
| \* | Elastic NV | 59802 | 5154932 |
| \* | Enphase Energy, Inc. | 283249 | 12630073 |
| \* | EPAM Systems, Inc. | 45575 | 7151173 |
| \* | ePlus, Inc. | 123453 | 7698529 |
| \* | EverCommerce, Inc. | 10418 | 101680 |
| \* | Everspin <br> Technologies, Inc.<br>| 93112 | 493494 |
| \* | Expensify, Inc., <br> Class A<br>| 7575 | 22422 |
| \* | Extreme Networks, <br> Inc.<br>| 73099 | 961983 |
| \* | Fabrinet | 163093 | 33443851 |
| \* | FARO Technologies, <br> Inc.<br>| 74362 | 2186986 |
| #\* | Fastly, Inc., Class A | 250311 | 1439288 |
| \* | Five9, Inc. | 145180 | 3649825 |
| \* | FormFactor, Inc. | 351503 | 9891294 |
|  | Frequency <br> Electronics, Inc.<br>| 51889 | 965135 |
| \* | Freshworks, Inc., <br> Class A<br>| 863743 | 12757484 |
| #\* | Globant SA | 119632 | 14065134 |
| \* | Grid Dynamics <br> Holdings, Inc.<br>| 294720 | 4173235 |
|  | Hackett Group, Inc. | 217142 | 5545807 |
| \* | Harmonic, Inc. | 638003 | 5729267 |
| \* | I3 Verticals, Inc., <br> Class A<br>| 97856 | 2458143 |
| \* | Ichor Holdings Ltd. | 151321 | 2993129 |
| \* | Identiv, Inc. | 5061 | 16803 |
| #\* | indie Semiconductor, <br> Inc., Class A<br>| 500042 | 995084 |
| \* | Informatica, Inc., <br> Class A<br>| 456079 | 8587968 |
|  | Information Services <br> Group, Inc.<br>| 59649 | 231438 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | Inseego Corp. | 8332 | $67822 |
| \* | Insight Enterprises, <br> Inc.<br>| 144006 | 19913150 |
| \* | Intapp, Inc. | 262743 | 14256435 |
| # | InterDigital, Inc. | 167666 | 33700866 |
| \* | inTEST Corp. | 64396 | 399255 |
| \* | IPG Photonics Corp. | 158359 | 9484121 |
| \* | Itron, Inc. | 246702 | 27455466 |
| \* | Jamf Holding Corp. | 493200 | 5706324 |
| \* | JFrog Ltd. | 457249 | 15441299 |
| \* | Key Tronic Corp. | 48645 | 119667 |
| \* | Kimball Electronics, <br> Inc.<br>| 123229 | 1767104 |
| \* | Klaviyo, Inc., Class A | 14174 | 431457 |
| \* | Knowles Corp. | 501655 | 7896050 |
|  | Kulicke & Soffa <br> Industries, Inc.<br>| 243035 | 7833018 |
| \* | KVH Industries, Inc. | 112689 | 575841 |
| \* | Kyndryl Holdings, Inc. | 1054494 | 34186695 |
| \* | Lantronix, Inc. | 154687 | 329483 |
| \* | Lattice Semiconductor <br> Corp.<br>| 390376 | 19101098 |
| \* | LGL Group, Inc. | 15751 | 107894 |
| #\* | Life360, Inc. | 31801 | 1364263 |
|  | Littelfuse, Inc. | 80470 | 14670486 |
| \* | LiveRamp Holdings, <br> Inc.<br>| 311412 | 8146538 |
| #\* | Lumentum Holdings, <br> Inc.<br>| 220081 | 12993582 |
| \* | MACOM Technology <br> Solutions Holdings, <br> Inc.<br>| 256953 | 26658874 |
| \* | Magnachip <br> Semiconductor <br> Corp.<br>| 45626 | 143266 |
| \* | Manhattan Associates, <br> Inc.<br>| 10408 | 1846275 |
| \* | MaxLinear, Inc. | 334996 | 3346610 |
| #\* | Meridianlink, Inc. | 160118 | 2707595 |
|  | Methode Electronics, <br> Inc.<br>| 162100 | 1016367 |
| \* | Mirion Technologies, <br> Inc.<br>| 750965 | 11850228 |
| \* | Mitek Systems, Inc. | 193358 | 1601004 |
|  | MKS Instruments, <br> Inc.<br>| 175210 | 12289229 |
| \* | M-Tron Industries, <br> Inc.<br>| 7875 | 436826 |
| \* | N-able, Inc. | 674653 | 4763050 |
|  | Napco Security <br> Technologies, Inc.<br>| 165723 | 3786771 |
| #\* | Navitas <br> Semiconductor <br> Corp.<br>| 267553 | 516377 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| #\* | nCino, Inc. | 320665 | $7439428 |
| #\* | NCR Voyix Corp. | 601808 | 5157495 |
| \* | NETGEAR, Inc. | 130375 | 3144645 |
| \* | NetScout Systems, <br> Inc.<br>| 366851 | 7711208 |
|  | Network-1 <br> Technologies, Inc.<br>| 135577 | 172183 |
| \* | nLight, Inc. | 203307 | 1567497 |
| \* | Novanta, Inc. | 169428 | 20138212 |
|  | NVE Corp. | 22593 | 1312879 |
| \* | Olo, Inc., Class A | 360431 | 2234672 |
| \* | ON24, Inc. | 167872 | 785641 |
|  | OneSpan, Inc. | 166968 | 2482814 |
| \* | Onto Innovation, Inc. | 131162 | 15997829 |
| \* | Ooma, Inc. | 50441 | 616893 |
| \* | Optical Cable Corp. | 19296 | 57695 |
| #\* | OSI Systems, Inc. | 87929 | 18002583 |
| \* | Ouster, Inc. | 89126 | 662206 |
| \* | PAR Technology <br> Corp.<br>| 154121 | 9000666 |
|  | PC Connection, Inc. | 119217 | 7396223 |
| \* | PDF Solutions, Inc. | 177251 | 3252556 |
|  | Pegasystems, Inc. | 221349 | 20381816 |
| #\* | Penguin Solutions, <br> Inc.<br>| 267937 | 4573685 |
| \* | Photronics, Inc. | 312558 | 5710435 |
| \* | Plexus Corp. | 151235 | 18515701 |
|  | Power Integrations, <br> Inc.<br>| 260677 | 12804454 |
| \* | Powerfleet, Inc. NJ | 302852 | 1526374 |
| \* | Procore Technologies, <br> Inc.<br>| 196372 | 12585481 |
|  | Progress Software <br> Corp.<br>| 196537 | 11784359 |
| \* | Q2 Holdings, Inc. | 236912 | 18775276 |
| \* | Qorvo, Inc. | 195011 | 13976438 |
| \* | Qualys, Inc. | 165305 | 20780492 |
| \* | Rambus, Inc. | 447828 | 21849528 |
| \* | Rapid7, Inc. | 102101 | 2411626 |
| # | Red Violet, Inc. | 30144 | 1177425 |
|  | ReposiTrak, Inc. | 823 | 17777 |
| \* | Research Solutions, <br> Inc.<br>| 2976 | 8154 |
| \* | RF Industries Ltd. | 18967 | 72644 |
| \* | Ribbon <br> Communications, <br> Inc.<br>| 516163 | 1656883 |
|  | Richardson <br> Electronics Ltd.<br>| 67428 | 583926 |
| \* | RingCentral, Inc., <br> Class A<br>| 179330 | 4572915 |
| \* | Rogers Corp. | 85378 | 5277214 |
| \* | Sanmina Corp. | 299702 | 23014117 |
|  | Sapiens International <br> Corp. NV<br>| 194514 | 5327738 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | ScanSource, Inc. | 146962 | $4848276 |
| \* | SEMrush Holdings, <br> Inc., Class A<br>| 225336 | 2316454 |
| \* | SentinelOne, Inc., <br> Class A<br>| 860617 | 15921414 |
| #\*†† | Silicon Graphics, Inc. | 10199 | 0 |
| \* | Silicon Laboratories, <br> Inc.<br>| 136869 | 13927789 |
| \* | SiTime Corp. | 64486 | 9470414 |
| \* | SkyWater Technology, <br> Inc.<br>| 47727 | 338384 |
|  | Skyworks Solutions, <br> Inc.<br>| 203707 | 13094286 |
| \* | SoundThinking, Inc. | 30922 | 479909 |
| \* | Sprinklr, Inc., Class A | 365619 | 2811610 |
| \* | SPS Commerce, Inc. | 143437 | 20584644 |
| » | SRAX, Inc. | 70653 | 7065 |
| \* | Synaptics, Inc. | 177581 | 9884158 |
| \* | Synchronoss <br> Technologies, Inc.<br>| 10632 | 111636 |
|  | TD SYNNEX Corp. | 24712 | 2738090 |
| \* | Telos Corp. | 115208 | 314518 |
| \* | Tenable Holdings, <br> Inc.<br>| 126734 | 3874258 |
| \* | Teradata Corp. | 304043 | 6536924 |
| #\* | Terawulf, Inc. | 577076 | 1604271 |
| \* | TransAct <br> Technologies, Inc.<br>| 41999 | 146157 |
| \* | Trio-Tech <br> International<br>| 12740 | 65738 |
| \* | TTM Technologies, <br> Inc.<br>| 573563 | 11482731 |
| \* | Turtle Beach Corp. | 62968 | 727280 |
| \* | Twilio, Inc., Class A | 25 | 2418 |
| \* | UiPath, Inc., Class A | 1153275 | 13770103 |
| \* | Ultra Clean Holdings, <br> Inc.<br>| 204525 | 3825640 |
| \* | Unisys Corp. | 290829 | 1154591 |
| #\* | Unity Software, Inc. | 1366914 | 28800878 |
|  | Universal Display <br> Corp.<br>| 151902 | 19083448 |
| \* | Veeco Instruments, <br> Inc.<br>| 257292 | 4811360 |
| \* | Verint Systems, Inc. | 282204 | 4978079 |
| #\* | Vertex, Inc., Class A | 255798 | 10239594 |
| \* | Viant Technology, Inc., <br> Class A<br>| 50747 | 726190 |
| \* | Viavi Solutions, Inc. | 1014412 | 10732479 |
|  | Vishay <br> Intertechnology, <br> Inc.<br>| 716588 | 9308478 |
| \* | Vishay Precision <br> Group, Inc.<br>| 73941 | 1844089 |
|  | Vontier Corp. | 580307 | 18459566 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | WidePoint Corp. | 13930 | $59481 |
| #\* | Wolfspeed, Inc. | 73516 | 260982 |
| # | Xerox Holdings Corp. | 514102 | 2267190 |
| \* | Xperi, Inc. | 189823 | 1402792 |
| #\* | Yext, Inc. | 364162 | 2476302 |
| \* | Zeta Global Holdings <br> Corp., Class A<br>| 473643 | 6185778 |
| TOTAL INFORMATION <br> TECHNOLOGY | TOTAL INFORMATION <br> TECHNOLOGY |  | 1703413461 |
| MATERIALS — (5.7%) | MATERIALS — (5.7%) | MATERIALS — (5.7%) | MATERIALS — (5.7%) |
|  | AdvanSix, Inc. | 112995 | 2420353 |
| # | Albemarle Corp. | 287838 | 16852915 |
|  | Alcoa Corp. | 739876 | 18149158 |
| \* | Alpha Metallurgical <br> Resources, Inc.<br>| 59150 | 7177852 |
| \* | Alto Ingredients, Inc. | 84087 | 75830 |
|  | Amcor PLC | 3362013 | 30930520 |
|  | American Vanguard <br> Corp.<br>| 89534 | 377833 |
| \* | Ampco-Pittsburgh <br> Corp.<br>| 4014 | 8309 |
|  | AptarGroup, Inc. | 26675 | 3999916 |
|  | Ardagh Metal <br> Packaging SA<br>| 331210 | 1228789 |
| \* | Arq, Inc. | 20086 | 76126 |
| \* | Ascent Industries Co. | 43974 | 580457 |
|  | Ashland, Inc. | 206540 | 11233711 |
| #\* | Aspen Aerogels, Inc. | 334457 | 1806068 |
| \* | ATI, Inc. | 615494 | 33470564 |
|  | Avient Corp. | 419091 | 13959921 |
| \* | Axalta Coating <br> Systems Ltd.<br>| 817401 | 26565532 |
|  | Balchem Corp. | 147428 | 23079853 |
| \* | Bioceres Crop <br> Solutions Corp.<br>| 9257 | 39342 |
|  | Cabot Corp. | 314001 | 24661639 |
|  | Caledonia Mining <br> Corp. PLC<br>| 16455 | 216712 |
|  | Carpenter Technology <br> Corp.<br>| 329599 | 64472860 |
|  | Celanese Corp. | 4347 | 193485 |
| \* | Century Aluminum <br> Co.<br>| 418243 | 6863368 |
|  | Chemours Co. | 383639 | 4749451 |
| \* | Clearwater Paper <br> Corp.<br>| 88752 | 2383879 |
| #\* | Cleveland-Cliffs, Inc. | 1201667 | 9901736 |
| \* | Coeur Mining, Inc. | 1767305 | 9808543 |
|  | Commercial Metals <br> Co.<br>| 512081 | 22808088 |
|  | Compass Minerals <br> International, Inc.<br>| 28658 | 385164 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
| \* | Core Molding <br> Technologies, Inc.<br>| 43025 | $661724 |
|  | Crown Holdings, Inc. | 62057 | 5977951 |
| \* | Dakota Gold Corp. | 75996 | 205189 |
|  | Eagle Materials, Inc. | 105120 | 23798117 |
|  | Eastman Chemical <br> Co.<br>| 50622 | 3897894 |
| \* | Ecovyst, Inc. | 487066 | 2912655 |
|  | Element Solutions, <br> Inc.<br>| 1516069 | 30942968 |
|  | Ferroglobe PLC | 411917 | 1437590 |
| \* | Flotek Industries, Inc. | 14004 | 97468 |
|  | FMC Corp. | 351644 | 14740916 |
|  | Fortitude Gold Corp. | 179751 | 623736 |
|  | Friedman Industries, <br> Inc.<br>| 62791 | 1080633 |
| # | Graphic Packaging <br> Holding Co.<br>| 816959 | 20677232 |
|  | Greif, Inc. (GEF US), <br> Class A<br>| 168489 | 8842303 |
|  | Greif, Inc. (GEF/B <br> US), Class B<br>| 24330 | 1352018 |
| # | Hawkins, Inc. | 116607 | 14200400 |
|  | HB Fuller Co. | 245568 | 13270495 |
|  | Hecla Mining Co. | 2742754 | 15688553 |
|  | Huntsman Corp. | 604691 | 8048437 |
| \* | Idaho Strategic <br> Resources, Inc.<br>| 3678 | 58811 |
| \* | Ingevity Corp. | 148796 | 4907292 |
|  | Innospec, Inc. | 113109 | 10120993 |
| \* | Intrepid Potash, Inc. | 59927 | 1979988 |
| \* | Ivanhoe Electric, Inc. | 25985 | 163705 |
|  | Kaiser Aluminum <br> Corp.<br>| 72571 | 4677927 |
| #\* | Knife River Corp. | 228602 | 21346855 |
|  | Koppers Holdings, <br> Inc.<br>| 107439 | 2692421 |
|  | Kronos Worldwide, <br> Inc.<br>| 238694 | 1840331 |
|  | Louisiana-Pacific <br> Corp.<br>| 315821 | 27258511 |
| \* | LSB Industries, Inc. | 329845 | 2104411 |
| \* | Magnera Corp. | 101091 | 1483005 |
|  | Materion Corp. | 101601 | 8433899 |
|  | Mativ Holdings, Inc. | 232701 | 1189102 |
| #\* | McEwen Mining, Inc. | 67585 | 527163 |
|  | Mercer International, <br> Inc.<br>| 355051 | 1587078 |
| \* | Metallus, Inc. | 266126 | 3366494 |
|  | Minerals <br> Technologies, Inc.<br>| 172176 | 8882560 |
|  | Mosaic Co. | 829790 | 25225616 |
| #\* | MP Materials Corp. | 430937 | 10540719 |
|  | Myers Industries, Inc. | 181222 | 1902831 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | NewMarket Corp. | 30993 | $19069993 |
| \* | Nexa Resources SA | 13494 | 78805 |
| # | Northern Technologies <br> International Corp.<br>| 41625 | 310106 |
| \* | O-I Glass, Inc. | 521810 | 6606115 |
|  | Olin Corp. | 352920 | 7630130 |
|  | Olympic Steel, Inc. | 65653 | 2117309 |
|  | Orion SA | 242302 | 2917316 |
| \* | Perimeter Solutions, <br> Inc.<br>| 106519 | 1079037 |
| # | Quaker Chemical <br> Corp.<br>| 61139 | 6477066 |
|  | Radius Recycling, <br> Inc.<br>| 152007 | 4458365 |
| # | Ramaco Resources, <br> Inc. (METC US), <br> Class A<br>| 125132 | 1261331 |
|  | Ramaco Resources, <br> Inc. (METCB US), <br> Class B<br>| 9248 | 84804 |
| \* | Ranpak Holdings <br> Corp.<br>| 178171 | 732283 |
| \* | Rayonier Advanced <br> Materials, Inc.<br>| 272858 | 1162375 |
| †† | Resolute Forest <br> Products, Inc.<br>| 595780 | 158656 |
|  | Royal Gold, Inc. | 122430 | 22369185 |
|  | Ryerson Holding <br> Corp.<br>| 193266 | 4518559 |
|  | Scotts Miracle-Gro <br> Co.<br>| 102585 | 5168232 |
|  | Sealed Air Corp. | 446786 | 12313422 |
|  | Sensient Technologies <br> Corp.<br>| 200003 | 18790282 |
|  | Silgan Holdings, Inc. | 606874 | 31345042 |
| \* | Smith-Midland Corp. | 11245 | 337238 |
|  | Sonoco Products Co. | 335106 | 13739346 |
|  | Stepan Co. | 113248 | 5725819 |
|  | SunCoke Energy, Inc. | 382843 | 3468558 |
|  | Sylvamo Corp. | 168777 | 10062485 |
| \* | Tredegar Corp. | 108861 | 845850 |
|  | TriMas Corp. | 195060 | 4691193 |
|  | Trinseo PLC | 31598 | 125760 |
|  | Tronox Holdings PLC | 659311 | 3566873 |
| \* | U.S. Gold Corp. | 809 | 8875 |
|  | U.S. Lime & Minerals, <br> Inc.<br>| 169565 | 15856023 |
| # | U.S. Steel Corp. | 775077 | 33878616 |
| # | Warrior Met Coal, Inc. | 175363 | 8385859 |
|  | Worthington Steel, <br> Inc.<br>| 276934 | 7106126 |
| TOTAL MATERIALS | TOTAL MATERIALS |  | 903670999 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| REAL ESTATE — (0.5%) | REAL ESTATE — (0.5%) | REAL ESTATE — (0.5%) | REAL ESTATE — (0.5%) |
| \* | AMREP Corp. | 11546 | $260362 |
| \* | Anywhere Real <br> Estate, Inc.<br>| 335866 | 1162096 |
| \* | CKX Lands, Inc. | 5107 | 53726 |
| \* | Compass, Inc., <br> Class A<br>| 1485768 | 11470129 |
| \* | Comstock Holding <br> Cos., Inc.<br>| 21178 | 221098 |
| \* | Cushman & Wakefield <br> PLC<br>| 872782 | 8177967 |
| \* | Douglas Elliman, Inc. | 10135 | 16824 |
| # | eXp World Holdings, <br> Inc.<br>| 256681 | 2351198 |
| \* | Five Point <br> Holdings LLC, <br> Class A<br>| 21030 | 110618 |
| \* | Forestar Group, Inc. | 211666 | 4076687 |
| \* | FRP Holdings, Inc. | 163020 | 4333887 |
| \* | Howard Hughes <br> Holdings, Inc.<br>| 200043 | 13308861 |
| \* | Jones Lang LaSalle, <br> Inc.<br>| 4928 | 1120677 |
| \*» | JW Mays, Inc. | 200 | 7432 |
|  | Kennedy-Wilson <br> Holdings, Inc.<br>| 547849 | 3506234 |
|  | Marcus & Millichap, <br> Inc.<br>| 176751 | 5373230 |
| \* | Maui Land & <br> Pineapple Co., Inc.<br>| 91281 | 1417594 |
|  | Newmark Group, Inc., <br> Class A<br>| 589307 | 6476484 |
| \* | Rafael Holdings, Inc., <br> Class B<br>| 17033 | 26912 |
| \* | RE/MAX Holdings, <br> Inc., Class A<br>| 53687 | 410706 |
|  | RMR Group, Inc., <br> Class A<br>| 63995 | 939447 |
| \* | Seaport Entertainment <br> Group, Inc.<br>| 50403 | 965217 |
|  | St. Joe Co. | 264316 | 11185853 |
| \* | Star Holdings | 2596 | 17497 |
| \* | Stratus Properties, <br> Inc.<br>| 34606 | 549197 |
| \* | Tejon Ranch Co. | 114730 | 1942379 |
| TOTAL REAL ESTATE | TOTAL REAL ESTATE |  | 79482312 |
| UTILITIES — (3.1%) | UTILITIES — (3.1%) | UTILITIES — (3.1%) | UTILITIES — (3.1%) |
|  | AES Corp. | 1866492 | 18664920 |
|  | ALLETE, Inc. | 287291 | 18814688 |
|  | American States <br> Water Co.<br>| 172913 | 14024973 |
|  | Artesian Resources <br> Corp., Class A<br>| 69292 | 2461252 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) |
|  | Avista Corp. | 375695 | $15580072 |
|  | Black Hills Corp. | 288167 | 17549370 |
|  | Brookfield <br> Infrastructure Corp., <br> Class A<br>| 140859 | 5273761 |
|  | California Water <br> Service Group<br>| 269582 | 13654328 |
|  | Chesapeake Utilities <br> Corp.<br>| 104283 | 13730943 |
|  | Clearway Energy, Inc. <br> (CWEN US), <br> Class C<br>| 326673 | 9584586 |
|  | Clearway Energy, Inc. <br> (CWENA US), <br> Class A<br>| 132629 | 3627403 |
|  | Consolidated Water <br> Co. Ltd.<br>| 94350 | 2192694 |
|  | Essential Utilities, Inc. | 95405 | 3924008 |
|  | Genie Energy Ltd., <br> Class B<br>| 165724 | 2447744 |
|  | Global Water <br> Resources, Inc.<br>| 30968 | 322996 |
| #\* | Hawaiian Electric <br> Industries, Inc.<br>| 294285 | 3089993 |
| # | IDACORP, Inc. | 178833 | 21118389 |
|  | MDU Resources <br> Group, Inc.<br>| 733484 | 12571916 |
| # | MGE Energy, Inc. | 191446 | 17310547 |
|  | Middlesex Water Co. | 81060 | 5116507 |
| #\* | Montauk Renewables, <br> Inc.<br>| 208759 | 438394 |
|  | National Fuel Gas <br> Co.<br>| 299354 | 22984400 |
|  | New Jersey <br> Resources Corp.<br>| 454478 | 22242153 |
|  | Northwest Natural <br> Holding Co.<br>| 159304 | 6866002 |
|  | Northwestern Energy <br> Group, Inc.<br>| 287995 | 16769949 |
|  | OGE Energy Corp. | 608348 | 27606832 |
|  | ONE Gas, Inc. | 248975 | 19547027 |
|  | Ormat Technologies, <br> Inc.<br>| 266023 | 19313270 |
| # | Otter Tail Corp. | 227261 | 18039978 |
|  | Pinnacle West Capital <br> Corp.<br>| 240598 | 22900118 |
|  | Portland General <br> Electric Co.<br>| 436179 | 18371860 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) |
| \* | Pure Cycle Corp. | 102327 | $1013037 |
|  | RGC Resources, Inc. | 31616 | 662988 |
|  | SJW Group | 151392 | 8589982 |
|  | Southwest Gas <br> Holdings, Inc.<br>| 283034 | 20437885 |
|  | Spire, Inc. | 264404 | 20237482 |
| # | TXNM Energy, Inc. | 419901 | 22338733 |
|  | UGI Corp. | 659794 | 21634645 |
|  | Unitil Corp. | 99784 | 5853329 |
|  | York Water Co. | 118773 | 4180810 |
| TOTAL UTILITIES | TOTAL UTILITIES |  | 501089964 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 14500469024 |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| INDUSTRIALS — (0.0%) | INDUSTRIALS — (0.0%) | INDUSTRIALS — (0.0%) | INDUSTRIALS — (0.0%) |
| \*» | TurnOnGreen, Inc. <br> Warrants <br> 07/14/2028, <br> 11.500%<br>| 90960 | 128 |
| INFORMATION TECHNOLOGY — (0.0%) | INFORMATION TECHNOLOGY — (0.0%) | INFORMATION TECHNOLOGY — (0.0%) | INFORMATION TECHNOLOGY — (0.0%) |
| \*» | M-Tron Industries, Inc. <br> Warrants <br> 02/28/2028<br>| 7875 | 13781 |
| TOTAL <br> RIGHTS/WARRANTS | TOTAL <br> RIGHTS/WARRANTS |  | 13909 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $10,418,540,765) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $10,418,540,765) |  | 14500482933 |

---

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

---

| | | | |
|:---|:---|:---|:---|
|  |  |  | **Value** |
| TEMPORARY CASH INVESTMENTS — (1.0%) | TEMPORARY CASH INVESTMENTS — (1.0%) | TEMPORARY CASH INVESTMENTS — (1.0%) | TEMPORARY CASH INVESTMENTS — (1.0%) |
| Ɏ | State Street <br> Institutional <br> U.S. Government <br> Money Market Fund <br> 4.290%<br>| 152660186 | 152660186 |
| SECURITIES LENDING COLLATERAL — (8.1%) | SECURITIES LENDING COLLATERAL — (8.1%) | SECURITIES LENDING COLLATERAL — (8.1%) | SECURITIES LENDING COLLATERAL — (8.1%) |
| @§ | The DFA Short Term <br> Investment Fund <br>| 112208247 | 1297688381 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $11,869,044,192) | (Cost $11,869,044,192) |  | $15950831500 |

---

------

**U.S. Small Cap Portfolio**

**CONTINUED**

As of April 30, 2025, U.S. Small Cap Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 432 | 06/20/25 | &nbsp;&nbsp; $120635935 | &nbsp;&nbsp; $120679200 | &nbsp;&nbsp; $43265 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$120635935** | &nbsp;&nbsp; **$120679200** | &nbsp;&nbsp; **$43265** |

---

As of April 30, 2025, the value of Rule 144A securities amounted to $2,111,513 or 0.0% of net assets.

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Communication Services | &nbsp;&nbsp; $368911501 | &nbsp;&nbsp; $31094 | &nbsp;&nbsp; — | &nbsp;&nbsp; $368942595 |
| Consumer Discretionary | &nbsp;&nbsp; 1969418971 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1969418971 |
| Consumer Staples | &nbsp;&nbsp; 677039437 | &nbsp;&nbsp; 251668 | &nbsp;&nbsp; — | &nbsp;&nbsp; 677291105 |
| Energy | &nbsp;&nbsp; 617697530 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 617697530 |
| Financials | &nbsp;&nbsp; 3109383295 | &nbsp;&nbsp; 515805 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3109899100 |
| Health Care | &nbsp;&nbsp; 1535439132 | &nbsp;&nbsp; — | &nbsp;&nbsp; $1728190 | &nbsp;&nbsp; 1537167322 |
| Industrials | &nbsp;&nbsp; 3032394772 | &nbsp;&nbsp; — | &nbsp;&nbsp; 893 | &nbsp;&nbsp; 3032395665 |
| Information Technology | &nbsp;&nbsp; 1703406396 | &nbsp;&nbsp; 7065 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1703413461 |
| Materials | &nbsp;&nbsp; 903512343 | &nbsp;&nbsp; — | &nbsp;&nbsp; 158656 | &nbsp;&nbsp; 903670999 |
| Real Estate | &nbsp;&nbsp; 79474880 | &nbsp;&nbsp; 7432 | &nbsp;&nbsp; — | &nbsp;&nbsp; 79482312 |
| Utilities | &nbsp;&nbsp; 501089964 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 501089964 |
| Rights/Warrants |  |  |  |  |
| Industrials | &nbsp;&nbsp; — | &nbsp;&nbsp; 128 | &nbsp;&nbsp; — | &nbsp;&nbsp; 128 |
| Information Technology | &nbsp;&nbsp; — | &nbsp;&nbsp; 13781 | &nbsp;&nbsp; — | &nbsp;&nbsp; 13781 |
| Temporary Cash Investments | &nbsp;&nbsp; 152660186 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 152660186 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 1297688381 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1297688381 |
| Total Investments in Securities | &nbsp;&nbsp; $14650428407 | &nbsp;&nbsp; $1298515354 | &nbsp;&nbsp; $1,887,739˂˃ | &nbsp;&nbsp; $15950831500 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; 43265 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 43265 |
| Total Financial Instruments | &nbsp;&nbsp; $43265 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $43265 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

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

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

------

**U.S. Micro Cap Portfolio**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)**

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMON STOCKS — (91.6%) | COMMON STOCKS — (91.6%) | COMMON STOCKS — (91.6%) | COMMON STOCKS — (91.6%) |
| COMMUNICATION SERVICES — (3.2%) | COMMUNICATION SERVICES — (3.2%) | COMMUNICATION SERVICES — (3.2%) | COMMUNICATION SERVICES — (3.2%) |
| #\* | Advantage Solutions, <br> Inc.<br>| 378186 | $506769 |
| #\* | Altice USA, Inc., <br> Class A<br>| 559301 | 1387066 |
| \* | AMC Networks, Inc., <br> Class A<br>| 114087 | 730157 |
| \* | Anterix, Inc. | 58754 | 1753807 |
| #\* | Atlanta Braves <br> Holdings, Inc. <br> (2291915D US), <br> Class A<br>| 61107 | 2655099 |
| \* | Atlanta Braves <br> Holdings, Inc. <br> (2292098D US), <br> Class C<br>| 179618 | 7159573 |
|  | ATN International, <br> Inc.<br>| 62785 | 1110667 |
| \* | Bandwidth, Inc., <br> Class A<br>| 101504 | 1260680 |
| \* | Boston Omaha Corp., <br> Class A<br>| 107467 | 1668962 |
| \* | Bumble, Inc., Class A | 401708 | 1695208 |
| \* | BuzzFeed, Inc. | 6768 | 13198 |
| # | Cable One, Inc. | 18175 | 4857632 |
| \* | Cargurus, Inc. | 352098 | 9844660 |
| \* | Cars.com, Inc. | 272626 | 3173367 |
| # | Cinemark Holdings, <br> Inc.<br>| 481703 | 14407737 |
| \* | Cineverse Corp. | 2629 | 7782 |
| # | Cogent <br> Communications <br> Holdings, Inc.<br>| 81328 | 4420177 |
|  | CuriosityStream, Inc. | 4062 | 13323 |
| \* | DHI Group, Inc. | 109016 | 153713 |
|  | Entravision <br> Communications <br> Corp., Class A<br>| 787241 | 1440651 |
| \* | Eventbrite, Inc., <br> Class A<br>| 181781 | 385376 |
| \* | EverQuote, Inc., <br> Class A<br>| 67497 | 1602379 |
| \* | EW Scripps Co., <br> Class A<br>| 269865 | 542429 |
| \* | Gaia, Inc. | 49648 | 260155 |
| \* | Gambling.com Group <br> Ltd.<br>| 56831 | 731415 |
| \* | Gannett Co., Inc. | 537714 | 1720685 |
| #\* | Globalstar, Inc. | 141005 | 2710116 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
| #\* | Gogo, Inc. | 214034 | $1620237 |
|  | Gray Media, Inc. | 315825 | 1058014 |
|  | Gray Media, Inc., <br> Class A<br>| 3666 | 28029 |
|  | IDT Corp., Class B | 207328 | 10418232 |
| #\* | IMAX Corp. | 213810 | 5201997 |
| \* | Integral Ad Science <br> Holding Corp.<br>| 252272 | 1783563 |
|  | Iridium <br> Communications, <br> Inc.<br>| 223261 | 5387288 |
|  | John Wiley & Sons, <br> Inc. (WLY US), <br> Class A<br>| 156867 | 6845676 |
| \* | Liberty Global Ltd. <br> (LBTYA US), <br> Class A<br>| 278570 | 3050341 |
| \* | Liberty Global Ltd. <br> (LBTYK US), <br> Class C<br>| 241758 | 2741536 |
| \* | Liberty Latin America <br> Ltd. (LILA US), <br> Class A<br>| 126483 | 685538 |
| \* | Liberty Latin America <br> Ltd. (LILAK US), <br> Class C<br>| 684531 | 3764920 |
| \* | LICT Corp. | 1 | 8450 |
| \* | Lions Gate <br> Entertainment Corp. <br> (LGF/B US), <br> Class B<br>| 78631 | 627475 |
| \* | Lumen Technologies, <br> Inc.<br>| 733371 | 2596133 |
| \*» | Machten, Inc. | 97 | 582 |
| \* | Madison Square <br> Garden <br> Entertainment <br> Corp.<br>| 127715 | 4143075 |
| \* | Madison Square <br> Garden Sports <br> Corp.<br>| 8288 | 1596020 |
| \* | Magnite, Inc. | 356160 | 4234742 |
|  | Marcus Corp. | 96489 | 1573736 |
|  | Nexstar Media Group, <br> Inc.<br>| 22747 | 3404316 |
| \* | Nextdoor Holdings, <br> Inc.<br>| 132689 | 195053 |
| \* | Outbrain, Inc. | 61269 | 216892 |
| \*» | Pegasus Cos., Inc. | 41 | 1189 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
| \* | PubMatic, Inc., <br> Class A<br>| 143821 | $1405131 |
| #\* | QuinStreet, Inc. | 229911 | 4028041 |
| \* | Reading International, <br> Inc. (RDI US), <br> Class A<br>| 108070 | 137249 |
| \*» | Reading International, <br> Inc. (RDIB US), <br> Class B<br>| 11620 | 129098 |
| \* | Reservoir Media, Inc. | 25520 | 191400 |
|  | Saga <br> Communications, <br> Inc., Class A<br>| 22689 | 257520 |
|  | Scholastic Corp. | 92939 | 1675690 |
|  | Shenandoah <br> Telecommunications <br> Co.<br>| 240161 | 2675394 |
| # | Shutterstock, Inc. | 133369 | 2128569 |
| # | Sinclair, Inc. | 138526 | 1994774 |
| #\* | Sphere Entertainment <br> Co.<br>| 107319 | 2924443 |
|  | Spok Holdings, Inc. | 74636 | 1070280 |
| \* | Stagwell, Inc. | 244443 | 1363992 |
| \* | TechTarget, Inc. | 180160 | 1435875 |
|  | TEGNA, Inc. | 662007 | 10744374 |
|  | Telephone & Data <br> Systems, Inc.<br>| 323776 | 12138362 |
| #\* | Thryv Holdings, Inc. | 75777 | 1038145 |
| \* | Travelzoo | 71454 | 991067 |
| \* | TripAdvisor, Inc. | 445802 | 5550235 |
| \* | TrueCar, Inc. | 500645 | 745961 |
| \* | U.S. Cellular Corp. | 81082 | 5567090 |
| \* | Urban One, Inc. <br> (UONEK US)<br>| 57956 | 29673 |
| \* | Vimeo, Inc. | 543190 | 2737678 |
| \* | Vivid Seats, Inc., <br> Class A<br>| 114840 | 322700 |
| \* | WideOpenWest, Inc. | 26083 | 114244 |
| \* | Yelp, Inc. | 235883 | 8274776 |
| \* | Zedge, Inc., Class B | 24863 | 60168 |
| \* | Ziff Davis, Inc. | 125764 | 3713811 |
| \* | ZoomInfo <br> Technologies, Inc.<br>| 499676 | 4277227 |
| TOTAL COMMUNICATION <br> SERVICES | TOTAL COMMUNICATION <br> SERVICES |  | 205118784 |
| CONSUMER DISCRETIONARY — (12.0%) | CONSUMER DISCRETIONARY — (12.0%) | CONSUMER DISCRETIONARY — (12.0%) | CONSUMER DISCRETIONARY — (12.0%) |
| #\* | 1-800-Flowers.com, <br> Inc., Class A<br>| 182996 | 1011968 |
| \* | 1stdibs.com, Inc. | 15412 | 38068 |
| \* | Abercrombie & Fitch <br> Co., Class A<br>| 118570 | 8231129 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| # | Academy Sports & <br> Outdoors, Inc.<br>| 198928 | $7495607 |
| \* | Accel Entertainment, <br> Inc.<br>| 225559 | 2323258 |
| # | Acushnet Holdings <br> Corp.<br>| 169782 | 11242964 |
| \* | Adient PLC | 326939 | 4135778 |
| \* | Adtalem Global <br> Education, Inc.<br>| 268742 | 28540400 |
| # | Advance Auto Parts, <br> Inc.<br>| 209071 | 6840803 |
| #\* | Allbirds, Inc., Class A | 3641 | 18351 |
|  | A-Mark Precious <br> Metals, Inc.<br>| 90666 | 2208624 |
|  | AMCON Distributing <br> Co.<br>| 5890 | 708449 |
| \* | American Axle & <br> Manufacturing <br> Holdings, Inc.<br>| 413482 | 1579501 |
|  | American Eagle <br> Outfitters, Inc.<br>| 664298 | 6995058 |
| \* | American Outdoor <br> Brands, Inc.<br>| 51578 | 578963 |
| \* | American Public <br> Education, Inc.<br>| 69763 | 1639431 |
| #\* | America's Car-Mart, <br> Inc.<br>| 32528 | 1542478 |
| #\* | AMMO, Inc. | 17322 | 34124 |
| \* | Arhaus, Inc. | 53567 | 421037 |
|  | Ark Restaurants <br> Corp.<br>| 33977 | 314627 |
| # | Arko Corp. | 93450 | 376136 |
| \* | Asbury Automotive <br> Group, Inc.<br>| 9224 | 2012123 |
| #\* | Barnes & Noble <br> Education, Inc.<br>| 8555 | 90084 |
|  | Bassett Furniture <br> Industries, Inc.<br>| 77182 | 1362262 |
| \* | Beazer Homes USA, <br> Inc.<br>| 81581 | 1595724 |
| #\* | Beyond, Inc. | 182536 | 742922 |
| \* | Biglari Holdings, Inc. <br> (BH US), Class B<br>| 8878 | 2067775 |
| \* | Biglari Holdings, Inc. <br> (BH/A US), Class A<br>| 811 | 930217 |
| \* | BJ's Restaurants, Inc. | 115635 | 3849489 |
|  | Bloomin' Brands, Inc. | 355313 | 2849610 |
| #\* | Boot Barn Holdings, <br> Inc.<br>| 108896 | 11362209 |
| \* | Brinker International, <br> Inc.<br>| 106357 | 14283745 |
|  | Brunswick Corp. | 88220 | 4062531 |
|  | Buckle, Inc. | 198584 | 6902780 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Build-A-Bear <br> Workshop, Inc.<br>| 52915 | $1866841 |
| # | Caleres, Inc. | 166991 | 2544943 |
|  | Camping World <br> Holdings, Inc., <br> Class A<br>| 143515 | 1730791 |
|  | Canterbury Park <br> Holding Corp.<br>| 10905 | 188111 |
| \* | Capri Holdings Ltd. | 161665 | 2431442 |
|  | Carriage Services, <br> Inc.<br>| 172429 | 6890263 |
|  | Carter's, Inc. | 141409 | 4673567 |
|  | Cato Corp., Class A | 105052 | 247923 |
| \* | Cavco Industries, Inc. | 58602 | 28940598 |
|  | Century Communities, <br> Inc.<br>| 162758 | 8876821 |
| \* | Champion Homes, <br> Inc.<br>| 35060 | 3032690 |
| # | Cheesecake Factory, <br> Inc.<br>| 133878 | 6743435 |
| \* | Citi Trends, Inc. | 66895 | 1493765 |
|  | Columbia Sportswear <br> Co.<br>| 38585 | 2398829 |
| \* | ContextLogic, Inc., <br> Class A<br>| 10916 | 77940 |
| \* | Cooper-Standard <br> Holdings, Inc.<br>| 68644 | 1007007 |
| \* | Coursera, Inc. | 335875 | 2828067 |
| # | Cracker Barrel Old <br> Country Store, Inc.<br>| 56878 | 2428691 |
|  | Crown Crafts, Inc. | 12250 | 36628 |
| \* | Culp, Inc. | 149674 | 568761 |
|  | Dana, Inc. | 511292 | 7025152 |
| #\* | Dave & Buster's <br> Entertainment, Inc.<br>| 174098 | 3340941 |
| \* | Denny's Corp. | 198773 | 733472 |
| # | Designer Brands, Inc., <br> Class A<br>| 145795 | 406768 |
| \* | Destination XL Group, <br> Inc.<br>| 168234 | 166484 |
| # | Dine Brands Global, <br> Inc.<br>| 53700 | 1069167 |
| \* | Dorman Products, <br> Inc.<br>| 106859 | 12107125 |
| #\* | Dream Finders <br> Homes, Inc., <br> Class A<br>| 56482 | 1279882 |
| \* | Duluth Holdings, Inc., <br> Class B<br>| 20013 | 34823 |
| \* | Educational <br> Development Corp.<br>| 3317 | 4080 |
| \* | El Pollo Loco <br> Holdings, Inc.<br>| 172751 | 1615222 |
|  | Escalade, Inc. | 66177 | 1004567 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Ethan Allen Interiors, <br> Inc.<br>| 211669 | $6017750 |
| \* | European Wax <br> Center, Inc., <br> Class A<br>| 93666 | 292238 |
| #\* | Everi Holdings, Inc. | 320539 | 4503573 |
| #\* | Figs, Inc., Class A | 521601 | 2102052 |
| #\* | First Watch <br> Restaurant Group, <br> Inc.<br>| 149074 | 2632647 |
|  | Flanigan's <br> Enterprises, Inc.<br>| 21539 | 527706 |
|  | Flexsteel Industries, <br> Inc.<br>| 22755 | 759789 |
| \* | Foot Locker, Inc. | 331562 | 4068266 |
| \* | Fox Factory Holding <br> Corp.<br>| 63799 | 1295758 |
| \* | Frontdoor, Inc. | 300184 | 12340564 |
| \* | Full House Resorts, <br> Inc.<br>| 24398 | 78806 |
| #\* | Funko, Inc., Class A | 188296 | 755067 |
| # | Garrett Motion, Inc. | 500462 | 4614260 |
| #\* | Genesco, Inc. | 41276 | 800754 |
| \* | Gentherm, Inc. | 115561 | 3005742 |
| \* | G-III Apparel Group <br> Ltd.<br>| 334595 | 8438486 |
| \* | Global Business <br> Travel Group I<br>| 157909 | 1059569 |
|  | Golden Entertainment, <br> Inc.<br>| 7760 | 199432 |
| \* | Goodyear Tire & <br> Rubber Co.<br>| 996254 | 10839244 |
|  | Graham Holdings Co., <br> Class B<br>| 13765 | 12664488 |
| \* | Grand Canyon <br> Education, Inc.<br>| 45954 | 8196815 |
| \* | Green Brick Partners, <br> Inc.<br>| 175267 | 10339000 |
| \* | GrowGeneration <br> Corp.<br>| 100320 | 117374 |
| # | Guess?, Inc. | 317970 | 3577162 |
|  | Hamilton Beach <br> Brands Holding Co., <br> Class A<br>| 59069 | 1169566 |
| \* | Hanesbrands, Inc. | 905530 | 4156383 |
|  | Harley-Davidson, Inc. | 274148 | 6146398 |
|  | Haverty Furniture <br> Cos., Inc. (HVT <br> US)<br>| 120317 | 2184957 |
|  | Haverty Furniture <br> Cos., Inc. (HVT/A <br> US), Class A<br>| 18389 | 337438 |
| \* | Helen of Troy Ltd. | 79864 | 2225011 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | Hilton Grand <br> Vacations, Inc.<br>| 142058 | $4777411 |
| \* | Holley, Inc. | 104660 | 225019 |
|  | Hooker Furnishings <br> Corp.<br>| 40052 | 384499 |
| \* | Hovnanian <br> Enterprises, Inc., <br> Class A<br>| 20463 | 1980818 |
| \* | Inspired <br> Entertainment, Inc.<br>| 26445 | 195957 |
|  | Installed Building <br> Products, Inc.<br>| 21878 | 3628029 |
| # | J Jill, Inc. | 53605 | 815868 |
| # | Jack in the Box, Inc. | 48895 | 1273226 |
|  | JAKKS Pacific, Inc. | 19079 | 368034 |
|  | Johnson Outdoors, <br> Inc., Class A<br>| 63311 | 1445390 |
| # | Kohl's Corp. | 388992 | 2606246 |
|  | Kontoor Brands, Inc. | 217828 | 13102354 |
| # | Krispy Kreme, Inc. | 302670 | 1240947 |
| #\* | Kura Sushi USA, Inc., <br> Class A<br>| 30634 | 1803730 |
|  | Lakeland Industries, <br> Inc.<br>| 36480 | 595718 |
| \* | Lands' End, Inc. | 116131 | 1031243 |
| \* | Landsea Homes <br> Corp.<br>| 95024 | 579646 |
| \* | Latham Group, Inc. | 56722 | 309986 |
| \* | Laureate Education, <br> Inc.<br>| 774687 | 15547968 |
| \*†† | Lazare Kaplan <br> International, Inc.<br>| 81643 | 0 |
| # | La-Z-Boy, Inc. | 237294 | 9373113 |
|  | LCI Industries | 77857 | 6001218 |
|  | Lear Corp. | 9788 | 839321 |
| #\*†† | Lear Corp. | 498411 | 0 |
| \* | Legacy Housing <br> Corp.<br>| 45111 | 1097325 |
|  | Leggett & Platt, Inc. | 249511 | 2400296 |
| \* | LGI Homes, Inc. | 92870 | 5071631 |
|  | Lifetime Brands, Inc. | 94135 | 342651 |
| \* | Lincoln Educational <br> Services Corp.<br>| 92730 | 1567137 |
| \* | Lindblad Expeditions <br> Holdings, Inc.<br>| 48865 | 431967 |
| \* | Live Ventures, Inc. | 6057 | 69110 |
| \* | Lovesac Co. | 53925 | 1048841 |
| \* | M/I Homes, Inc. | 106797 | 11393104 |
|  | Macy's, Inc. | 932323 | 10647129 |
| \* | Malibu Boats, Inc., <br> Class A<br>| 73107 | 2087936 |
|  | Marine Products <br> Corp.<br>| 163257 | 1371359 |
| \* | MarineMax, Inc. | 97472 | 2091749 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Marriott Vacations <br> Worldwide Corp.<br>| 92422 | $5065650 |
| \* | MasterCraft Boat <br> Holdings, Inc.<br>| 59196 | 973182 |
| \* | Mister Car Wash, Inc. | 253209 | 1737014 |
| \* | Modine Manufacturing <br> Co.<br>| 110213 | 8997789 |
|  | Monarch Casino & <br> Resort, Inc.<br>| 27353 | 2138731 |
| # | Monro, Inc. | 104652 | 1458849 |
| \* | Motorcar Parts of <br> America, Inc.<br>| 77135 | 687273 |
|  | Movado Group, Inc. | 95298 | 1323689 |
|  | Nathan's Famous, <br> Inc.<br>| 49950 | 4882612 |
| #\* | National Vision <br> Holdings, Inc.<br>| 287861 | 3555083 |
|  | Newell Brands, Inc. | 1226369 | 5862044 |
| » | Nobility Homes, Inc. | 2100 | 60953 |
| #\* | ODP Corp. | 252460 | 3453653 |
|  | OneSpaWorld <br> Holdings Ltd.<br>| 379420 | 6336314 |
| #\* | OneWater Marine, <br> Inc., Class A<br>| 46404 | 696524 |
| # | Oxford Industries, Inc. | 103941 | 5051533 |
|  | Papa John's <br> International, Inc.<br>| 62184 | 2147214 |
|  | Patrick Industries, <br> Inc.<br>| 150108 | 11555314 |
| \* | Penn Entertainment, <br> Inc.<br>| 51671 | 786433 |
|  | Perdoceo Education <br> Corp.<br>| 410255 | 10305606 |
| \* | Petco Health & <br> Wellness Co., Inc.<br>| 382972 | 1129767 |
| \* | PetMed Express, Inc. | 8499 | 28727 |
|  | Phinia, Inc. | 91183 | 3660997 |
| \* | Playa Hotels & <br> Resorts NV<br>| 61520 | 825598 |
| \* | PlayAGS, Inc. | 68953 | 835710 |
|  | Polaris, Inc. | 84562 | 2871726 |
| #\* | Portillo's, Inc., <br> Class A<br>| 172591 | 1784591 |
| \* | Potbelly Corp. | 117914 | 955103 |
|  | PVH Corp. | 70220 | 4843776 |
| #\* | QuantumScape Corp. | 1213742 | 4745731 |
| \* | Rave Restaurant <br> Group, Inc.<br>| 23757 | 58442 |
|  | RCI Hospitality <br> Holdings, Inc.<br>| 32826 | 1302536 |
| #\* | Red Robin Gourmet <br> Burgers, Inc.<br>| 6030 | 17608 |
| \* | Revolve Group, Inc. | 74949 | 1489986 |
| \* | RH | 36930 | 6796228 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Rocky Brands, Inc. | 40888 | $874594 |
| \* | Sabre Corp. | 719932 | 1706239 |
| #\* | Sally Beauty Holdings, <br> Inc.<br>| 304206 | 2476237 |
| \* | Savers Value Village, <br> Inc.<br>| 28144 | 269901 |
| \* | Shake Shack, Inc., <br> Class A<br>| 73802 | 6475387 |
|  | Shoe Carnival, Inc. | 99083 | 1722063 |
|  | Signet Jewelers Ltd. | 171301 | 10158149 |
| \* | Sleep Number Corp. | 31165 | 242775 |
|  | Smith & Wesson <br> Brands, Inc.<br>| 281396 | 2681704 |
| \* | Soho House & Co., <br> Inc.<br>| 18162 | 109154 |
|  | Sonic Automotive, <br> Inc., Class A<br>| 154803 | 9399638 |
| \* | Sonos, Inc. | 368755 | 3396234 |
| \* | Sportsman's <br> Warehouse <br> Holdings, Inc.<br>| 8860 | 14796 |
|  | Standard Motor <br> Products, Inc.<br>| 130195 | 3528284 |
|  | Steven Madden Ltd. | 193779 | 4069359 |
| #\* | Stitch Fix, Inc., <br> Class A<br>| 328346 | 1073691 |
| \* | Stoneridge, Inc. | 188193 | 726425 |
|  | Strategic Education, <br> Inc.<br>| 97357 | 7942384 |
| \* | Strattec Security <br> Corp.<br>| 16427 | 547348 |
| \* | Stride, Inc. | 76116 | 10827501 |
|  | Sturm Ruger & Co., <br> Inc.<br>| 22149 | 900578 |
|  | Superior Group of <br> Cos., Inc.<br>| 95191 | 988083 |
| #\* | Sweetgreen, Inc., <br> Class A<br>| 206972 | 4031815 |
| \* | Target Hospitality <br> Corp.<br>| 80490 | 547332 |
| # | Thor Industries, Inc. | 57045 | 4131199 |
| \* | Tile Shop Holdings, <br> Inc.<br>| 170353 | 965902 |
| #\* | Tilly's, Inc., Class A | 92704 | 141837 |
| \* | Topgolf Callaway <br> Brands Corp.<br>| 686136 | 4535359 |
| \* | Traeger, Inc. | 9446 | 13791 |
|  | Travel & Leisure Co. | 262595 | 11535798 |
| \* | Tri Pointe Homes, <br> Inc.<br>| 625733 | 19241290 |
| \* | Udemy, Inc. | 10169 | 69861 |
| \* | Under Armour, Inc. <br> (UA US), Class C<br>| 591297 | 3216656 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | Under Armour, Inc. <br> (UAA US), Class A<br>| 526459 | $3011345 |
| \* | Unifi, Inc. | 69120 | 351821 |
| #\* | United Parks & <br> Resorts, Inc.<br>| 136149 | 5942904 |
| \* | Universal Electronics, <br> Inc.<br>| 51919 | 251807 |
| \* | Universal Technical <br> Institute, Inc.<br>| 196423 | 5511629 |
|  | Upbound Group, Inc. | 234596 | 4668460 |
| \* | Urban Outfitters, Inc. | 149614 | 7896627 |
| \* | Valvoline, Inc. | 274745 | 9412764 |
| \* | Vera Bradley, Inc. | 115625 | 225469 |
| \* | Victoria's Secret & <br> Co.<br>| 170216 | 3200061 |
| \* | Visteon Corp. | 64789 | 5130641 |
| \* | Warby Parker, Inc., <br> Class A<br>| 268895 | 4439456 |
| # | Wendy's Co. | 384336 | 4804200 |
|  | Weyco Group, Inc. | 58859 | 1759884 |
| # | Whirlpool Corp. | 24021 | 1832322 |
| # | Winmark Corp. | 34879 | 12556789 |
|  | Winnebago Industries, <br> Inc.<br>| 104246 | 3317108 |
|  | Wolverine World <br> Wide, Inc.<br>| 21525 | 280901 |
| #\*Ω | XPEL, Inc. | 42508 | 1217429 |
| \* | YETI Holdings, Inc. | 179651 | 5129036 |
| \* | Zumiez, Inc. | 84598 | 989797 |
| TOTAL CONSUMER <br> DISCRETIONARY | TOTAL CONSUMER <br> DISCRETIONARY |  | 778289092 |
| CONSUMER STAPLES — (3.7%) | CONSUMER STAPLES — (3.7%) | CONSUMER STAPLES — (3.7%) | CONSUMER STAPLES — (3.7%) |
|  | Alico, Inc. | 57438 | 1639281 |
|  | Andersons, Inc. | 171634 | 6472318 |
|  | B&G Foods, Inc. | 238627 | 1644140 |
| \* | Boston Beer Co., Inc. <br> , Class A<br>| 20010 | 4918458 |
| \* | Bridgford Foods <br> Corp.<br>| 72953 | 593108 |
|  | Calavo Growers, Inc. | 74495 | 2057552 |
|  | Cal-Maine Foods, Inc. | 71885 | 6711902 |
| #\* | Central Garden & Pet <br> Co. (CENT US)<br>| 65222 | 2188850 |
| \* | Central Garden & Pet <br> Co. (CENTA US), <br> Class A<br>| 334921 | 9903614 |
| \* | Chefs' Warehouse, <br> Inc.<br>| 158605 | 9035727 |
| \* | Coty, Inc., Class A | 235632 | 1189942 |
|  | Dole PLC | 66293 | 1006991 |
|  | Edgewell Personal <br> Care Co.<br>| 275162 | 8406199 |
| #\* | elf Beauty, Inc. | 71410 | 4418137 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
|  | Energizer Holdings, <br> Inc.<br>| 142488 | $3852875 |
|  | Flowers Foods, Inc. | 418336 | 7358530 |
| #\* | Forafric Global PLC | 5000 | 41050 |
|  | Fresh Del Monte <br> Produce, Inc.<br>| 177968 | 6052692 |
| #\* | Freshpet, Inc. | 62316 | 4582719 |
| #\* | Grocery Outlet <br> Holding Corp.<br>| 135774 | 2279645 |
| \* | Hain Celestial Group, <br> Inc.<br>| 97465 | 296294 |
| \* | Herbalife Ltd. | 224279 | 1614809 |
| \* | Honest Co., Inc. | 243883 | 1168200 |
|  | Ingles Markets, Inc., <br> Class A<br>| 89608 | 5527917 |
|  | Interparfums, Inc. | 74540 | 8139768 |
|  | J&J Snack Foods <br> Corp.<br>| 52850 | 6848831 |
|  | John B Sanfilippo & <br> Son, Inc.<br>| 42501 | 2816541 |
| \* | Laird Superfood, Inc. | 1657 | 9693 |
|  | Lancaster Colony <br> Corp.<br>| 6336 | 1031374 |
| # | Lifevantage Corp. | 42829 | 529795 |
| \* | Lifeway Foods, Inc. | 34238 | 810756 |
|  | Limoneira Co. | 63056 | 947732 |
| #\* | Mama's Creations, <br> Inc.<br>| 102941 | 679411 |
| \* | Medifast, Inc. | 38498 | 505864 |
|  | MGP Ingredients, Inc. | 80396 | 2369270 |
| \* | Mission Produce, Inc. | 203749 | 2134271 |
|  | National Beverage <br> Corp.<br>| 82210 | 3650124 |
| \* | Natural Alternatives <br> International, Inc.<br>| 67137 | 201411 |
|  | Natural Grocers by <br> Vitamin Cottage, <br> Inc.<br>| 114017 | 5719093 |
| \* | Nature's Sunshine <br> Products, Inc.<br>| 154183 | 1899535 |
|  | Nu Skin Enterprises, <br> Inc., Class A<br>| 27419 | 173562 |
|  | Oil-Dri Corp. of <br> America<br>| 113452 | 4775195 |
| #\* | Olaplex Holdings, Inc. | 82185 | 107662 |
|  | PriceSmart, Inc. | 131941 | 13390692 |
| \* | Rocky Mountain <br> Chocolate Factory, <br> Inc.<br>| 65289 | 83570 |
|  | Seaboard Corp. | 1501 | 3881556 |
| \* | Seneca Foods Corp. <br> (SENEA US), <br> Class A<br>| 40534 | 3635494 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
| \*» | Seneca Foods Corp. <br> (SENEB US), <br> Class B<br>| 11120 | $1000911 |
| \* | Simply Good Foods <br> Co.<br>| 184151 | 6649693 |
|  | SpartanNash Co. | 216750 | 4300320 |
|  | Spectrum Brands <br> Holdings, Inc.<br>| 10611 | 669554 |
| # | Tootsie Roll Industries, <br> Inc.<br>| 168460 | 5390720 |
| \* | TreeHouse Foods, <br> Inc.<br>| 191414 | 4458032 |
|  | Turning Point Brands, <br> Inc.<br>| 88044 | 5404141 |
| \* | United Natural Foods, <br> Inc.<br>| 180305 | 4815947 |
|  | United-Guardian, Inc. | 32274 | 255287 |
|  | Universal Corp. | 124384 | 7247856 |
| \* | USANA Health <br> Sciences, Inc.<br>| 47159 | 1324696 |
|  | Utz Brands, Inc. | 155669 | 2068841 |
|  | Village Super Market, <br> Inc., Class A<br>| 60778 | 2239669 |
| \* | Vita Coco Co., Inc. | 111443 | 3683191 |
| #\* | Vital Farms, Inc. | 168689 | 5775911 |
|  | WD-40 Co. | 47334 | 10809192 |
|  | Weis Markets, Inc. | 189601 | 16303790 |
| \* | Willamette Valley <br> Vineyards, Inc.<br>| 3868 | 23479 |
| # | WK Kellogg Co. | 22240 | 398763 |
| \* | Zevia PBC, Class A | 13170 | 29764 |
| TOTAL CONSUMER <br> STAPLES | TOTAL CONSUMER <br> STAPLES |  | 240151907 |
| ENERGY — (4.6%) | ENERGY — (4.6%) | ENERGY — (4.6%) | ENERGY — (4.6%) |
| \* | Amplify Energy Corp. | 148876 | 387078 |
|  | Archrock, Inc. | 672069 | 15813784 |
|  | Ardmore Shipping <br> Corp.<br>| 160311 | 1529367 |
|  | Aris Water Solutions, <br> Inc., Class A<br>| 34049 | 849863 |
| # | Atlas Energy <br> Solutions, Inc.<br>| 67691 | 915859 |
|  | Berry Corp. | 289552 | 718089 |
| \* | Bristow Group, Inc. | 110221 | 3200818 |
|  | Cactus, Inc., Class A | 125947 | 4778429 |
|  | California Resources <br> Corp.<br>| 145561 | 5023310 |
| #\* | Centrus Energy Corp., <br> Class A<br>| 64228 | 4450358 |
|  | Civitas Resources, <br> Inc.<br>| 127593 | 3476909 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
| \* | Clean Energy Fuels <br> Corp.<br>| 787784 | $1142287 |
| \* | CNX Resources <br> Corp.<br>| 264268 | 7777407 |
| # | Core Laboratories, <br> Inc.<br>| 101432 | 1153282 |
|  | Core Natural <br> Resources, Inc.<br>| 211173 | 15248802 |
|  | Crescent Energy Co., <br> Class A<br>| 371324 | 3074563 |
| # | CVR Energy, Inc. | 318123 | 5999800 |
| # | Delek U.S. Holdings, <br> Inc.<br>| 238040 | 3099281 |
|  | DHT Holdings, Inc. | 896028 | 9578539 |
| \* | DMC Global, Inc. | 77653 | 503968 |
|  | Dorian LPG Ltd. | 173171 | 3709323 |
| #\* | Encore Energy Corp. | 181540 | 274125 |
|  | Energy Services of <br> America Corp.<br>| 56923 | 486692 |
|  | Epsilon Energy Ltd. | 37521 | 263773 |
|  | Evolution Petroleum <br> Corp.<br>| 134291 | 562679 |
|  | Excelerate Energy, <br> Inc., Class A<br>| 43603 | 1115365 |
| \* | Expro Group Holdings <br> NV<br>| 335644 | 2775776 |
| \* | Forum Energy <br> Technologies, Inc.<br>| 23969 | 351146 |
|  | FutureFuel Corp. | 98304 | 404029 |
| #\* | Geospace <br> Technologies Corp.<br>| 111995 | 721248 |
|  | Granite Ridge <br> Resources, Inc.<br>| 34908 | 167907 |
| \* | Green Plains, Inc. | 178169 | 637845 |
| \* | Gulf Island <br> Fabrication, Inc.<br>| 73113 | 522758 |
| \* | Gulfport Energy Corp. | 70166 | 12103635 |
| \* | Hallador Energy Co. | 112340 | 1580062 |
| \* | Helix Energy Solutions <br> Group, Inc.<br>| 864061 | 5262131 |
|  | Helmerich & Payne, <br> Inc.<br>| 233292 | 4406886 |
| \* | Innovex International, <br> Inc.<br>| 232590 | 3512109 |
| # | International Seaways, <br> Inc.<br>| 201031 | 6827013 |
| \* | KLX Energy Services <br> Holdings, Inc.<br>| 23378 | 46990 |
|  | Kodiak Gas Services, <br> Inc.<br>| 181057 | 6157749 |
| #\* | Kosmos Energy Ltd. | 753617 | 1160570 |
|  | Liberty Energy, Inc. | 656221 | 7546541 |
|  | Magnolia Oil & Gas <br> Corp., Class A<br>| 243575 | 5000595 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
| \* | Mammoth Energy <br> Services, Inc.<br>| 113681 | $287613 |
|  | Mexco Energy Corp. | 1906 | 12389 |
| \* | MIND Technology, <br> Inc.<br>| 4943 | 33168 |
|  | Murphy Oil Corp. | 316347 | 6494604 |
| #\* | Nabors Industries Ltd. | 24344 | 653393 |
|  | NACCO Industries, <br> Inc., Class A<br>| 40634 | 1418127 |
| \* | National Energy <br> Services Reunited <br> Corp.<br>| 1503 | 9364 |
| \* | Natural Gas Services <br> Group, Inc.<br>| 79629 | 1430933 |
| #\*†† | Next Bridge <br> Hydrocarbons, Inc.<br>| 18077 | 0 |
|  | Noble Corp. PLC | 131520 | 2859245 |
|  | Nordic American <br> Tankers Ltd.<br>| 748030 | 1914957 |
| # | Northern Oil & Gas, <br> Inc.<br>| 207237 | 5035859 |
| \* | NPK International, <br> Inc.<br>| 547600 | 3165128 |
| \* | Oceaneering <br> International, Inc.<br>| 420206 | 7458656 |
| \* | Oil States <br> International, Inc.<br>| 229579 | 805822 |
| \* | Par Pacific Holdings, <br> Inc.<br>| 227036 | 3251156 |
|  | Patterson-UTI Energy, <br> Inc.<br>| 723910 | 4082852 |
|  | PBF Energy, Inc., <br> Class A<br>| 226463 | 3890634 |
| # | Peabody Energy <br> Corp.<br>| 365762 | 4513503 |
|  | PHX Minerals, Inc. | 151244 | 579265 |
| \* | PrimeEnergy <br> Resources Corp.<br>| 2738 | 465104 |
| \* | ProPetro Holding <br> Corp.<br>| 362455 | 1805026 |
|  | Ranger Energy <br> Services, Inc., <br> Class A<br>| 50293 | 557749 |
| \* | REX American <br> Resources Corp.<br>| 121469 | 4824749 |
|  | Riley Exploration <br> Permian, Inc.<br>| 17915 | 442142 |
| # | RPC, Inc. | 819490 | 3876188 |
|  | SandRidge Energy, <br> Inc.<br>| 47791 | 435376 |
|  | Scorpio Tankers, Inc. | 181045 | 6823586 |
| \* | SEACOR Marine <br> Holdings, Inc.<br>| 103971 | 507378 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
| \* | Seadrill Ltd. | 217211 | $4461514 |
|  | Select Water <br> Solutions, Inc.<br>| 405953 | 3458720 |
|  | SFL Corp. Ltd. | 760519 | 6251466 |
|  | Sitio Royalties Corp., <br> Class A<br>| 234924 | 3984311 |
| # | SM Energy Co. | 255910 | 5832189 |
|  | Smart Sand, Inc. | 128306 | 269443 |
| # | Solaris Energy <br> Infrastructure, Inc.<br>| 110953 | 2345546 |
| \*†† | Strongbridge <br> Biopharma<br>| 9014 | 0 |
| \* | Talos Energy, Inc. | 570591 | 3925666 |
|  | Teekay Corp. Ltd. | 342220 | 2467406 |
|  | Teekay Tankers Ltd., <br> Class A<br>| 121384 | 5167317 |
| \* | TETRA Technologies, <br> Inc.<br>| 462608 | 1318433 |
| \* | Tidewater, Inc. | 206086 | 7458252 |
| \* | TOP Ships, Inc. | 4756 | 27585 |
| #\* | Transocean Ltd. | 1337582 | 2849050 |
| #\* | Uranium Energy <br> Corp.<br>| 927715 | 4870504 |
| #\* | Valaris Ltd. | 116824 | 3774583 |
| \* | Vital Energy, Inc. | 93530 | 1326255 |
|  | Vitesse Energy, Inc. | 31335 | 640801 |
| # | W&T Offshore, Inc. | 38436 | 44201 |
|  | Weatherford <br> International PLC<br>| 118052 | 4887353 |
|  | World Kinect Corp. | 355527 | 8920172 |
| TOTAL ENERGY | TOTAL ENERGY |  | 296233473 |
| FINANCIALS — (21.5%) | FINANCIALS — (21.5%) | FINANCIALS — (21.5%) | FINANCIALS — (21.5%) |
|  | 1st Source Corp. | 170782 | 10238381 |
| \* | Acacia Research <br> Corp.<br>| 107703 | 332802 |
|  | Acadian Asset <br> Management, Inc.<br>| 216307 | 5827311 |
|  | ACNB Corp. | 31333 | 1313166 |
|  | Affinity Bancshares, <br> Inc.<br>| 1853 | 34021 |
|  | Alerus Financial <br> Corp.<br>| 86759 | 1724769 |
| \* | AlTi Global, Inc. | 2789 | 9566 |
|  | Amalgamated <br> Financial Corp.<br>| 120798 | 3401672 |
| \* | Ambac Financial <br> Group, Inc.<br>| 174221 | 1390284 |
|  | Amerant Bancorp, <br> Inc.<br>| 49188 | 828326 |
|  | American Coastal <br> Insurance Corp.<br>| 19204 | 219502 |
|  | Ameris Bancorp | 202549 | 11869371 |
|  | AMERISAFE, Inc. | 124474 | 5786796 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | AmeriServ Financial, <br> Inc.<br>| 111291 | $268211 |
|  | Ames National Corp. | 33107 | 574738 |
|  | Arrow Financial Corp. | 142049 | 3484462 |
|  | Artisan Partners Asset <br> Management, Inc., <br> Class A<br>| 297594 | 11005026 |
|  | Associated <br> Banc-Corp.<br>| 438067 | 9663758 |
|  | Associated Capital <br> Group, Inc., <br> Class A<br>| 10258 | 370519 |
|  | Assured Guaranty <br> Ltd.<br>| 69276 | 6077583 |
|  | Atlantic American <br> Corp.<br>| 7131 | 10697 |
|  | Atlantic Union <br> Bankshares Corp.<br>| 531156 | 14713021 |
| \* | Atlanticus Holdings <br> Corp.<br>| 99980 | 5480904 |
|  | Auburn National <br> BanCorp, Inc.<br>| 12735 | 250625 |
| \* | AvidXchange <br> Holdings, Inc.<br>| 769133 | 6253051 |
| \* | Axos Financial, Inc. | 224896 | 14276398 |
| #\* | Baldwin Insurance <br> Group, Inc.<br>| 160600 | 6684172 |
|  | BancFirst Corp. | 209763 | 24714277 |
| #\* | Bancorp, Inc. | 380287 | 18371665 |
|  | Bank First Corp. | 2082 | 227313 |
|  | Bank of Hawaii Corp. | 39340 | 2600767 |
|  | Bank of Marin <br> Bancorp<br>| 65170 | 1337288 |
|  | Bank of NT Butterfield <br> & Son Ltd.<br>| 208013 | 8357962 |
|  | Bank7 Corp. | 12335 | 448994 |
|  | BankFinancial Corp. | 51580 | 633918 |
|  | BankUnited, Inc. | 232146 | 7593496 |
|  | Bankwell Financial <br> Group, Inc.<br>| 29823 | 1011298 |
|  | Banner Corp. | 201936 | 12346367 |
|  | Bar Harbor <br> Bankshares<br>| 70293 | 2083485 |
|  | BayCom Corp. | 48814 | 1269652 |
|  | BCB Bancorp, Inc. | 107190 | 881102 |
|  | Berkshire Hills <br> Bancorp, Inc.<br>| 162789 | 4042051 |
|  | BGC Group, Inc., <br> Class A<br>| 969730 | 8785754 |
| \* | Blue Foundry <br> Bancorp<br>| 82442 | 770008 |
| \* | Blue Ridge <br> Bankshares, Inc.<br>| 4689 | 16083 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Bread Financial <br> Holdings, Inc.<br>| 193285 | $9171373 |
|  | Bridge Investment <br> Group Holdings, <br> Inc., Class A<br>| 19981 | 191618 |
| \* | Bridgewater <br> Bancshares, Inc.<br>| 36832 | 566844 |
| \* | Brighthouse Financial, <br> Inc.<br>| 134803 | 7848231 |
|  | Brookline Bancorp, <br> Inc.<br>| 299347 | 3125183 |
|  | Burke & Herbert <br> Financial Services <br> Corp.<br>| 30490 | 1704696 |
|  | Business First <br> Bancshares, Inc.<br>| 73860 | 1702473 |
| \* | BV Financial, Inc. | 1883 | 28904 |
|  | Byline Bancorp, Inc. | 174822 | 4464954 |
|  | C&F Financial Corp. | 15335 | 993248 |
| \* | California BanCorp | 4733 | 66120 |
| » | California First <br> Leasing Corp.<br>| 10510 | 196012 |
|  | Camden National <br> Corp.<br>| 89860 | 3461407 |
| \* | Cantaloupe, Inc. | 287664 | 2301312 |
|  | Capital Bancorp, Inc. | 24276 | 766879 |
|  | Capital City Bank <br> Group, Inc.<br>| 96546 | 3527791 |
|  | Capitol Federal <br> Financial, Inc.<br>| 517943 | 2936737 |
| \* | Carter Bankshares, <br> Inc.<br>| 78996 | 1209429 |
|  | Cass Information <br> Systems, Inc.<br>| 79452 | 3236874 |
|  | Cathay General <br> Bancorp<br>| 186925 | 7792903 |
|  | CB Financial Services, <br> Inc.<br>| 1003 | 28766 |
| \* | CCUR Holdings, Inc. | 11 | 22935 |
|  | Central Pacific <br> Financial Corp.<br>| 106600 | 2738554 |
|  | CF Bankshares, Inc. | 629 | 14454 |
|  | Chemung Financial <br> Corp.<br>| 12247 | 543032 |
|  | ChoiceOne Financial <br> Services, Inc.<br>| 482 | 13703 |
|  | Citizens & Northern <br> Corp.<br>| 41666 | 802071 |
|  | Citizens Community <br> Bancorp, Inc.<br>| 9884 | 146481 |
| #\* | Citizens, Inc. | 84504 | 340551 |
|  | City Holding Co. | 97097 | 11250629 |
|  | Civista Bancshares, <br> Inc.<br>| 52649 | 1185129 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | CNB Financial Corp. | 78569 | $1724590 |
| \* | Coastal Financial <br> Corp.<br>| 57864 | 4753528 |
|  | Cohen & Steers, Inc. | 100581 | 7676342 |
|  | Colony Bankcorp, Inc. | 25068 | 389055 |
| \* | Columbia Financial, <br> Inc.<br>| 189597 | 2553872 |
|  | Community Financial <br> System, Inc.<br>| 107972 | 5894191 |
|  | Community Trust <br> Bancorp, Inc.<br>| 139683 | 6838880 |
|  | Community West <br> Bancshares<br>| 73020 | 1277850 |
|  | ConnectOne Bancorp, <br> Inc.<br>| 154185 | 3473788 |
| \* | Consumer Portfolio <br> Services, Inc.<br>| 122735 | 1132844 |
|  | Crawford & Co. <br> (CRD/A US), <br> Class A<br>| 229252 | 2549282 |
|  | Crawford & Co. <br> (CRD/B US), <br> Class B<br>| 25338 | 270610 |
| \* | Customers Bancorp, <br> Inc.<br>| 137494 | 6874700 |
|  | CVB Financial Corp. | 228754 | 4241099 |
| \* | Dave, Inc. | 25964 | 2461906 |
|  | Diamond Hill <br> Investment Group, <br> Inc.<br>| 9475 | 1193661 |
|  | DigitalBridge Group, <br> Inc.<br>| 300844 | 2527090 |
|  | Dime Community <br> Bancshares, Inc.<br>| 171812 | 4413850 |
|  | Donegal Group, Inc. <br> (DGICA US), <br> Class A<br>| 114298 | 2211666 |
|  | Donegal Group, Inc. <br> (DGICB US), <br> Class B<br>| 34951 | 576692 |
| \* | Donnelley Financial <br> Solutions, Inc.<br>| 112639 | 5429200 |
|  | Eagle Bancorp <br> Montana, Inc.<br>| 578 | 10057 |
|  | Eagle Bancorp, Inc. | 106503 | 1911729 |
|  | Eastern Bankshares, <br> Inc.<br>| 216271 | 3226763 |
| \* | eHealth, Inc. | 68485 | 380777 |
|  | Employers Holdings, <br> Inc.<br>| 188672 | 9167572 |
| \* | Encore Capital Group, <br> Inc.<br>| 227891 | 7839450 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | Enova International, <br> Inc.<br>| 233829 | $21463164 |
|  | Enterprise Bancorp, <br> Inc.<br>| 38445 | 1430154 |
|  | Enterprise Financial <br> Services Corp.<br>| 181458 | 9439445 |
|  | Equity Bancshares, <br> Inc., Class A<br>| 64039 | 2464861 |
|  | Esquire Financial <br> Holdings, Inc.<br>| 29823 | 2472923 |
|  | ESSA Bancorp, Inc. | 57908 | 1071298 |
| \* | Euronet Worldwide, <br> Inc.<br>| 27695 | 2744575 |
|  | Evans Bancorp, Inc. | 16965 | 652304 |
|  | EVERTEC, Inc. | 250460 | 8500612 |
| #\* | EZCORP, Inc., <br> Class A<br>| 379774 | 6216900 |
|  | Farmers & Merchants <br> Bancorp, Inc.<br>| 9724 | 254477 |
|  | Farmers National <br> Banc Corp.<br>| 147633 | 1925134 |
|  | FB Financial Corp. | 150354 | 6399066 |
|  | Federal Agricultural <br> Mortgage Corp. <br> (AGM US), Class C<br>| 71357 | 12511023 |
|  | Federal Agricultural <br> Mortgage Corp. <br> (AGM/A US), <br> Class A<br>| 4200 | 547491 |
|  | Federated Hermes, <br> Inc.<br>| 214694 | 8718723 |
|  | Fidelis Insurance <br> Holdings Ltd.<br>| 13359 | 218420 |
|  | Fidelity D&D Bancorp, <br> Inc.<br>| 657 | 26595 |
| \* | Finance of America <br> Cos., Inc., Class A<br>| 719 | 15013 |
|  | Financial Institutions, <br> Inc.<br>| 73038 | 1854435 |
| \* | Finwise Bancorp | 7017 | 106097 |
|  | First BanCorp | 1404362 | 27581670 |
|  | First Bancorp, Inc. | 70138 | 1713471 |
|  | First <br> Bancorp/Southern <br> Pines NC<br>| 180355 | 7297163 |
|  | First Bank | 74565 | 1072245 |
|  | First Busey Corp. | 345731 | 7187748 |
|  | First Business <br> Financial Services, <br> Inc.<br>| 43115 | 2075556 |
|  | First Capital, Inc. | 350 | 15789 |
|  | First Commonwealth <br> Financial Corp.<br>| 636193 | 9746477 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | First Community <br> Bankshares, Inc.<br>| 99265 | $3740305 |
|  | First Community <br> Corp.<br>| 15851 | 372499 |
|  | First Financial <br> Bancorp<br>| 456721 | 10573091 |
|  | First Financial Corp. | 82311 | 4066163 |
| \*» | First Financial <br> Northwest, Inc.<br>| 56022 | 67226 |
|  | First Foundation, Inc. | 221888 | 1113878 |
|  | First Hawaiian, Inc. | 248385 | 5678081 |
|  | First Internet Bancorp | 39654 | 843044 |
|  | First Interstate <br> BancSystem, Inc., <br> Class A<br>| 156406 | 4097055 |
|  | First Merchants Corp. | 272903 | 9726263 |
|  | First Mid Bancshares, <br> Inc.<br>| 74392 | 2486925 |
|  | First National Corp. | 1082 | 21099 |
|  | First Northwest <br> Bancorp<br>| 21093 | 217258 |
|  | First of Long Island <br> Corp.<br>| 107806 | 1241925 |
|  | First United Corp. | 25468 | 758182 |
| \* | First Western <br> Financial, Inc.<br>| 8430 | 177789 |
| \* | Firstsun Capital <br> Bancorp<br>| 1046 | 36600 |
|  | Five Star Bancorp | 29961 | 829320 |
| # | Flagstar Financial, <br> Inc.<br>| 224443 | 2628228 |
|  | Flushing Financial <br> Corp.<br>| 145235 | 1738463 |
| #\* | Flywire Corp. | 141769 | 1334046 |
|  | Franklin Financial <br> Services Corp.<br>| 1044 | 40298 |
|  | FS Bancorp, Inc. | 41320 | 1615612 |
|  | Fulton Financial Corp. | 677461 | 11300049 |
| \* | FVCBankcorp, Inc. | 4180 | 47736 |
|  | GCM Grosvenor, Inc., <br> Class A<br>| 17105 | 214497 |
| \* | Genworth Financial, <br> Inc.<br>| 1989273 | 13646413 |
|  | German American <br> Bancorp, Inc.<br>| 132569 | 5025691 |
|  | Goosehead Insurance, <br> Inc., Class A<br>| 97286 | 9457172 |
|  | Great Southern <br> Bancorp, Inc.<br>| 102754 | 5651470 |
| \* | Green Dot Corp., <br> Class A<br>| 242513 | 2029834 |
| \* | Greenlight Capital Re <br> Ltd., Class A<br>| 145483 | 1908010 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Guaranty Bancshares, <br> Inc.<br>| 40838 | $1611467 |
|  | Hancock Whitney <br> Corp.<br>| 52261 | 2722276 |
|  | Hanmi Financial <br> Corp.<br>| 130843 | 2992379 |
|  | HarborOne Bancorp, <br> Inc.<br>| 253131 | 2865443 |
|  | Hawthorn Bancshares, <br> Inc.<br>| 19768 | 583551 |
|  | HBT Financial, Inc. | 97588 | 2261602 |
|  | HCI Group, Inc. | 62697 | 9172571 |
|  | Heritage Commerce <br> Corp.<br>| 229285 | 2072736 |
|  | Heritage Financial <br> Corp.<br>| 192024 | 4381988 |
| \* | Heritage Global, Inc. | 57931 | 117021 |
| \* | Heritage Insurance <br> Holdings, Inc.<br>| 125423 | 2370495 |
| # | Hingham Institution <br> For Savings<br>| 14377 | 3587924 |
| \* | Hippo Holdings, Inc. | 4154 | 96040 |
|  | Home Bancorp, Inc. | 32023 | 1612038 |
| \* | HomeStreet, Inc. | 67640 | 768390 |
|  | HomeTrust <br> Bancshares, Inc.<br>| 66754 | 2278982 |
|  | Hope Bancorp, Inc. | 317418 | 3164657 |
|  | Horace Mann <br> Educators Corp.<br>| 286562 | 11903785 |
|  | Horizon Bancorp, Inc. | 176068 | 2584678 |
|  | Independent Bank <br> Corp. (IBCP US)<br>| 82296 | 2506736 |
|  | Independent Bank <br> Corp. (INDB US)<br>| 81073 | 4790604 |
|  | International <br> Bancshares Corp.<br>| 222482 | 13580301 |
| \* | International Money <br> Express, Inc.<br>| 110755 | 1375577 |
|  | Investar Holding <br> Corp.<br>| 13376 | 255883 |
|  | Investors Title Co. | 16990 | 3927918 |
| \* | Katapult Holdings, <br> Inc.<br>| 1007 | 7079 |
|  | Kearny Financial <br> Corp.<br>| 238170 | 1490944 |
|  | Kemper Corp. | 169823 | 10039936 |
| \* | Kentucky First Federal <br> Bancorp<br>| 40640 | 99568 |
| \* | Kingstone Cos., Inc. | 3600 | 61200 |
|  | Lake Shore Bancorp, <br> Inc.<br>| 4212 | 62085 |
| # | Lakeland Financial <br> Corp.<br>| 150417 | 8373714 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Landmark Bancorp, <br> Inc.<br>| 26264 | $740907 |
|  | Lazard, Inc. | 3187 | 123974 |
|  | LCNB Corp. | 35299 | 530191 |
| \* | LendingClub Corp. | 419536 | 4098867 |
| #\* | LendingTree, Inc. | 44510 | 2296271 |
|  | Live Oak Bancshares, <br> Inc.<br>| 164930 | 4311270 |
|  | Magyar Bancorp, Inc. | 25049 | 345175 |
| \* | Maiden Holdings Ltd. | 237552 | 332573 |
|  | MainStreet <br> Bancshares, Inc.<br>| 3194 | 61069 |
| \* | Marqeta, Inc., <br> Class A<br>| 752885 | 3147059 |
|  | Mercantile Bank <br> Corp.<br>| 76300 | 3228253 |
|  | Merchants Bancorp | 134966 | 4059777 |
|  | Mercury General <br> Corp.<br>| 218075 | 12085717 |
|  | Meridian Corp. | 6998 | 94473 |
|  | Metrocity Bankshares, <br> Inc.<br>| 58106 | 1601982 |
| \* | Metropolitan Bank <br> Holding Corp.<br>| 10886 | 674170 |
| # | Mid Penn Bancorp, <br> Inc.<br>| 20294 | 589541 |
|  | Middlefield Banc <br> Corp.<br>| 1832 | 47504 |
|  | Midland States <br> Bancorp, Inc.<br>| 80839 | 1316059 |
|  | MidWestOne Financial <br> Group, Inc.<br>| 37535 | 1041221 |
|  | MVB Financial Corp. | 42884 | 731601 |
|  | National Bank <br> Holdings Corp., <br> Class A<br>| 192203 | 6950060 |
|  | National Bankshares, <br> Inc.<br>| 4723 | 121712 |
|  | Navient Corp. | 402680 | 4985178 |
|  | NBT Bancorp, Inc. | 283328 | 11996108 |
| \* | NCR Atleos Corp. | 75228 | 2100366 |
|  | Nelnet, Inc., Class A | 59990 | 6364339 |
| \* | NerdWallet, Inc., <br> Class A<br>| 100141 | 897263 |
| \* | NI Holdings, Inc. | 37399 | 467488 |
|  | Nicolet Bankshares, <br> Inc.<br>| 59915 | 6998671 |
| \* | NMI Holdings, Inc. | 492052 | 17797521 |
|  | Northeast Bank | 37665 | 3119415 |
|  | Northeast Community <br> Bancorp, Inc.<br>| 18554 | 422289 |
|  | Northfield Bancorp, <br> Inc.<br>| 193553 | 2041984 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Northrim BanCorp, <br> Inc.<br>| 50162 | $4027507 |
|  | Northwest <br> Bancshares, Inc.<br>| 689331 | 8513238 |
|  | Norwood Financial <br> Corp.<br>| 22723 | 568302 |
|  | Oak Valley Bancorp | 7182 | 188168 |
|  | OceanFirst Financial <br> Corp.<br>| 216068 | 3578086 |
|  | OFG Bancorp | 398699 | 15688806 |
|  | Ohio Valley Banc <br> Corp.<br>| 18090 | 651602 |
| \* | Old Market Capital <br> Corp.<br>| 52807 | 301528 |
|  | Old Second Bancorp, <br> Inc.<br>| 161662 | 2552643 |
| \* | Onity Group, Inc. | 31248 | 1172112 |
|  | OP Bancorp | 17026 | 218614 |
| \* | Open Lending Corp. | 126897 | 157352 |
| \* | Oportun Financial <br> Corp.<br>| 2408 | 12329 |
|  | Oppenheimer <br> Holdings, Inc., <br> Class A<br>| 52886 | 3120803 |
| \* | OptimumBank <br> Holdings, Inc.<br>| 3264 | 14133 |
|  | Orange County <br> Bancorp, Inc.<br>| 1420 | 33697 |
|  | Origin Bancorp, Inc. | 51945 | 1664318 |
|  | Orrstown Financial <br> Services, Inc.<br>| 64286 | 1926651 |
| \* | Oscar Health, Inc., <br> Class A<br>| 464062 | 6037447 |
|  | Pacific Premier <br> Bancorp, Inc.<br>| 437056 | 8889719 |
| \* | Palomar Holdings, <br> Inc.<br>| 89620 | 12996692 |
|  | Park National Corp. | 65494 | 9830649 |
|  | Parke Bancorp, Inc. | 20807 | 392212 |
|  | Pathfinder Bancorp, <br> Inc.<br>| 100 | 1371 |
|  | Pathward Financial, <br> Inc.<br>| 238955 | 18965858 |
| \* | Paymentus Holdings, <br> Inc., Class A<br>| 113064 | 3670057 |
| \* | Payoneer Global, Inc. | 836847 | 5883034 |
| \* | Paysafe Ltd. | 141402 | 2153552 |
| \* | Paysign, Inc. | 4680 | 11232 |
|  | PCB Bancorp | 32739 | 642012 |
|  | Peapack-Gladstone <br> Financial Corp.<br>| 104623 | 2895965 |
|  | Penns Woods <br> Bancorp, Inc.<br>| 42976 | 1256188 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | PennyMac Financial <br> Services, Inc.<br>| 83513 | $8137507 |
|  | Peoples Bancorp of <br> North Carolina, Inc.<br>| 22755 | 628493 |
|  | Peoples Bancorp, Inc. | 188080 | 5456201 |
|  | Peoples Financial <br> Services Corp.<br>| 21154 | 914276 |
| \* | Pioneer Bancorp, Inc. | 17597 | 197438 |
|  | Piper Sandler Cos. | 66115 | 15941649 |
|  | Plumas Bancorp | 9075 | 400117 |
| \* | Ponce Financial <br> Group, Inc.<br>| 49684 | 639433 |
| \* | PRA Group, Inc. | 58261 | 1066176 |
|  | Preferred Bank | 99899 | 7977934 |
|  | Primis Financial Corp. | 50068 | 412560 |
|  | Princeton Bancorp, <br> Inc.<br>| 2150 | 65532 |
| \* | Priority Technology <br> Holdings, Inc.<br>| 20914 | 151836 |
| \* | ProAssurance Corp. | 197934 | 4594048 |
|  | PROG Holdings, Inc. | 160702 | 4236105 |
| \* | Provident Bancorp, <br> Inc.<br>| 31830 | 353313 |
|  | Provident Financial <br> Holdings, Inc.<br>| 64625 | 970021 |
|  | Provident Financial <br> Services, Inc.<br>| 509565 | 8341579 |
|  | QCR Holdings, Inc. | 95265 | 6187462 |
|  | RBB Bancorp | 46040 | 717303 |
|  | Red River <br> Bancshares, Inc.<br>| 6403 | 337438 |
|  | Regional Management <br> Corp.<br>| 62737 | 2065929 |
| \* | Remitly Global, Inc. | 319957 | 6469531 |
|  | Renasant Corp. | 297729 | 9548169 |
| \* | Repay Holdings Corp. | 353000 | 1412000 |
|  | Republic Bancorp, <br> Inc., Class A<br>| 167488 | 11364061 |
|  | Richmond Mutual <br> BanCorp, Inc.<br>| 3990 | 55980 |
|  | Riverview Bancorp, <br> Inc.<br>| 62230 | 393294 |
| \* | Root, Inc., Class A | 3974 | 555049 |
|  | S&T Bancorp, Inc. | 188041 | 6852214 |
|  | Safety Insurance <br> Group, Inc.<br>| 108498 | 8300097 |
|  | SB Financial Group, <br> Inc.<br>| 8523 | 165687 |
|  | Seacoast Banking <br> Corp. of Florida<br>| 327244 | 7758955 |
| \* | Security National <br> Financial Corp., <br> Class A<br>| 76846 | 786903 |
| \* | Selectquote, Inc. | 30469 | 96587 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | ServisFirst <br> Bancshares, Inc.<br>| 24315 | $1731714 |
|  | Shore Bancshares, <br> Inc.<br>| 59836 | 827532 |
|  | Sierra Bancorp | 80030 | 2117594 |
|  | Silvercrest Asset <br> Management <br> Group, Inc., <br> Class A<br>| 34585 | 529151 |
|  | Simmons First <br> National Corp., <br> Class A<br>| 704324 | 13142686 |
| \* | SiriusPoint Ltd. | 596165 | 10015572 |
| \* | Skyward Specialty <br> Insurance Group, <br> Inc.<br>| 43150 | 2290834 |
|  | SmartFinancial, Inc. | 61721 | 1877553 |
|  | Sound Financial <br> Bancorp, Inc.<br>| 300 | 15231 |
|  | South Plains <br> Financial, Inc.<br>| 57703 | 1945168 |
| \* | Southern First <br> Bancshares, Inc.<br>| 61538 | 2185214 |
|  | Southern Missouri <br> Bancorp, Inc.<br>| 44400 | 2337660 |
|  | Southern States <br> Bancshares, Inc.<br>| 14216 | 474957 |
|  | Southside <br> Bancshares, Inc.<br>| 161270 | 4546201 |
|  | Stellar Bancorp, Inc. | 113776 | 2839849 |
| \*» | Sterling Bancorp, Inc. | 108433 | 524816 |
|  | Stewart Information <br> Services Corp.<br>| 180047 | 11789478 |
| # | Stock Yards Bancorp, <br> Inc.<br>| 176093 | 12817809 |
| \* | StoneX Group, Inc. | 294535 | 26085492 |
|  | Summit State Bank | 3397 | 30709 |
| \* | Texas Capital <br> Bancshares, Inc.<br>| 181601 | 12376108 |
|  | TFS Financial Corp. | 1612 | 20892 |
| \* | Third Coast <br> Bancshares, Inc.<br>| 16932 | 504574 |
|  | Timberland Bancorp, <br> Inc.<br>| 69760 | 2144422 |
|  | Tiptree, Inc. | 258075 | 5757653 |
|  | Tompkins Financial <br> Corp.<br>| 82441 | 4913484 |
|  | Towne Bank | 286903 | 9453454 |
|  | TriCo Bancshares | 176989 | 6828236 |
| \* | Triumph Financial, <br> Inc.<br>| 161391 | 8621507 |
| \* | Trupanion, Inc. | 43040 | 1575264 |
|  | TrustCo Bank Corp. | 66848 | 2035522 |
|  | Trustmark Corp. | 203999 | 6844166 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | U.S. Global Investors, <br> Inc., Class A<br>| 10779 | $22959 |
| \*» | Unico American Corp. | 95372 | 6676 |
|  | Union Bankshares, <br> Inc.<br>| 14917 | 493454 |
|  | United Bancorp, Inc. | 2991 | 37238 |
|  | United Bancshares, <br> Inc.<br>| 5873 | 158395 |
|  | United Bankshares, <br> Inc.<br>| 11877 | 407262 |
|  | United Community <br> Banks, Inc.<br>| 160919 | 4442974 |
|  | United Fire Group, <br> Inc.<br>| 180624 | 4997866 |
|  | United Security <br> Bancshares<br>| 58152 | 517553 |
|  | Unity Bancorp, Inc. | 54260 | 2246364 |
|  | Universal Insurance <br> Holdings, Inc.<br>| 259584 | 6292316 |
|  | Univest Financial <br> Corp.<br>| 113937 | 3365699 |
|  | USCB Financial <br> Holdings, Inc.<br>| 13434 | 227841 |
|  | Valley National <br> Bancorp<br>| 1971937 | 16958658 |
|  | Value Line, Inc. | 23506 | 961395 |
| \* | Velocity Financial, <br> Inc.<br>| 18969 | 338976 |
|  | Veritex Holdings, Inc. | 210435 | 4898927 |
| # | Victory Capital <br> Holdings, Inc., <br> Class A<br>| 256152 | 14674948 |
|  | Virginia National <br> Bankshares Corp.<br>| 4265 | 156867 |
|  | Virtus Investment <br> Partners, Inc.<br>| 45293 | 6956552 |
|  | WaFd, Inc. | 331500 | 9457695 |
|  | Walker & Dunlop, Inc. | 132998 | 10179667 |
|  | Washington Trust <br> Bancorp, Inc.<br>| 85558 | 2361401 |
|  | Waterstone Financial, <br> Inc.<br>| 144458 | 1747942 |
|  | WesBanco, Inc. | 417868 | 12444109 |
|  | West BanCorp, Inc. | 100689 | 1953870 |
|  | Westamerica <br> BanCorp<br>| 104902 | 5080404 |
|  | Western New England <br> Bancorp, Inc.<br>| 123167 | 1136831 |
| # | Western Union Co. | 392668 | 3891340 |
|  | Westwood Holdings <br> Group, Inc.<br>| 26477 | 442166 |
|  | White Mountains <br> Insurance Group <br> Ltd.<br>| 4239 | 7492221 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Wintrust Financial <br> Corp.<br>| 1 | $111 |
|  | WisdomTree, Inc. | 648981 | 5646135 |
| \* | World Acceptance <br> Corp.<br>| 55736 | 7196632 |
|  | WSFS Financial <br> Corp.<br>| 293423 | 15125956 |
|  | WVS Financial Corp. | 3511 | 43308 |
| TOTAL FINANCIALS | TOTAL FINANCIALS |  | 1391937580 |
| HEALTH CARE — (10.0%) | HEALTH CARE — (10.0%) | HEALTH CARE — (10.0%) | HEALTH CARE — (10.0%) |
| \* | 2seventy bio, Inc. | 24437 | 121941 |
| \* | 89bio, Inc. | 120286 | 964694 |
| #\* | Absci Corp. | 99534 | 305569 |
| \* | AC Immune SA | 10530 | 18217 |
| \* | Acadia Healthcare <br> Co., Inc.<br>| 59528 | 1392955 |
| \* | ACADIA <br> Pharmaceuticals, <br> Inc.<br>| 276167 | 4032038 |
| \* | Accuray, Inc. | 39332 | 60965 |
| \* | Aclaris Therapeutics, <br> Inc.<br>| 9548 | 13176 |
| \* | AdaptHealth Corp. | 169400 | 1441594 |
| #\* | Adaptive <br> Biotechnologies <br> Corp.<br>| 252513 | 1858496 |
| \* | Addus HomeCare <br> Corp.<br>| 71550 | 7480552 |
| \* | ADMA Biologics, Inc. | 961282 | 22878512 |
| #†† | Aduro Biotech, Inc. | 3260 | 1239 |
| \* | Adverum <br> Biotechnologies, <br> Inc.<br>| 31623 | 103091 |
| \* | agilon health, Inc. | 52824 | 225030 |
| \* | Agios <br> Pharmaceuticals, <br> Inc.<br>| 285291 | 8470290 |
| \* | Akero Therapeutics, <br> Inc.<br>| 69721 | 3179975 |
| †† | Albireo Pharma, Inc. | 44018 | 255745 |
| \* | Aldeyra Therapeutics, <br> Inc.<br>| 147306 | 390361 |
| \* | Alector, Inc. | 14144 | 16973 |
| \* | Alkermes PLC | 28064 | 807401 |
| #\* | Allogene <br> Therapeutics, Inc.<br>| 314556 | 528454 |
| \* | Amedisys, Inc. | 28208 | 2676939 |
| \* | American Shared <br> Hospital Services<br>| 5689 | 15360 |
| \* | AMN Healthcare <br> Services, Inc.<br>| 133483 | 2727058 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Amneal <br> Pharmaceuticals, <br> Inc.<br>| 851471 | $6522268 |
| \* | Amphastar <br> Pharmaceuticals, <br> Inc.<br>| 215281 | 5255009 |
| #\* | AnaptysBio, Inc. | 30779 | 683909 |
| \* | AngioDynamics, Inc. | 156043 | 1449639 |
| \* | ANI Pharmaceuticals, <br> Inc.<br>| 82783 | 5862692 |
| \* | Anika Therapeutics, <br> Inc.<br>| 88931 | 1292167 |
| \* | Annexon, Inc. | 18819 | 35003 |
| #\* | Arcellx, Inc. | 89212 | 5794319 |
| #\* | Arcturus Therapeutics <br> Holdings, Inc.<br>| 114515 | 1466937 |
| \* | Arcus Biosciences, <br> Inc.<br>| 340472 | 2979130 |
| #\* | ARS Pharmaceuticals, <br> Inc.<br>| 45737 | 638946 |
| \* | Artivion, Inc. | 194028 | 4596523 |
| \* | Arvinas, Inc. | 124156 | 1194381 |
| \* | Astrana Health, Inc. | 192741 | 6007737 |
| \* | Atea Pharmaceuticals, <br> Inc.<br>| 92461 | 272760 |
| \* | AtriCure, Inc. | 132615 | 3966515 |
| \* | aTyr Pharma, Inc. | 22452 | 77908 |
| \* | Aura Biosciences, <br> Inc.<br>| 57452 | 334945 |
| \* | Avanos Medical, Inc. | 161467 | 2026411 |
| \* | Axogen, Inc. | 110122 | 1791685 |
| \* | Azenta, Inc. | 185150 | 4876851 |
| #\* | Beam Therapeutics, <br> Inc.<br>| 254412 | 5070431 |
| #\* | BioLife Solutions, Inc. | 132194 | 3187197 |
| #\* | Biomea Fusion, Inc. | 5587 | 11733 |
| \* | Biote Corp., Class A | 169739 | 565231 |
| \* | Bioventus, Inc., <br> Class A<br>| 27001 | 197377 |
| \* | Black Diamond <br> Therapeutics, Inc.<br>| 46254 | 78632 |
| #\* | Brookdale Senior <br> Living, Inc.<br>| 788180 | 5170461 |
| \* | CareDx, Inc. | 82170 | 1387030 |
| \* | Caribou Biosciences, <br> Inc.<br>| 22601 | 19231 |
| \* | Castle Biosciences, <br> Inc.<br>| 90535 | 1815227 |
| \* | Catalyst <br> Pharmaceuticals, <br> Inc.<br>| 238306 | 5788453 |
| #\* | Certara, Inc. | 652003 | 9036762 |
| \* | Champions Oncology, <br> Inc.<br>| 1381 | 9874 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Check Cap Ltd. | 8958 | $6898 |
| †† | Chinook Therapeutics, <br> Inc.<br>| 384400 | 768800 |
| \* | Claritev Corp. | 2263 | 50759 |
| \* | Codexis, Inc. | 20499 | 47148 |
| \* | Cogent Biosciences, <br> Inc.<br>| 145829 | 759769 |
| \* | Collegium <br> Pharmaceutical, <br> Inc.<br>| 154029 | 4158013 |
| \* | Community Health <br> Systems, Inc.<br>| 369725 | 1009349 |
|  | Concentra Group <br> Holdings Parent, <br> Inc.<br>| 159315 | 3465101 |
|  | CONMED Corp. | 56670 | 2783064 |
| \* | Corcept Therapeutics, <br> Inc.<br>| 181548 | 13049670 |
| \* | CorVel Corp. | 326612 | 35522321 |
| #\* | CRISPR Therapeutics <br> AG<br>| 156991 | 6070842 |
| \* | Cross Country <br> Healthcare, Inc.<br>| 293291 | 3974093 |
| \* | CryoPort, Inc. | 146347 | 816616 |
| \* | Cullinan Therapeutics, <br> Inc.<br>| 159881 | 1323815 |
| \* | Cumberland <br> Pharmaceuticals, <br> Inc.<br>| 47772 | 230739 |
| \* | Cytek Biosciences, <br> Inc.<br>| 426967 | 1584048 |
| \* | Day One <br> Biopharmaceuticals, <br> Inc.<br>| 249410 | 1940410 |
| \* | Definitive Healthcare <br> Corp.<br>| 276263 | 751435 |
| \* | Denali Therapeutics, <br> Inc.<br>| 145401 | 2420927 |
|  | Dentsply Sirona, Inc. | 226761 | 3151978 |
| \* | Design Therapeutics, <br> Inc.<br>| 8891 | 43210 |
| #\* | Disc Medicine, Inc. | 25412 | 1255861 |
| \* | DocGo, Inc. | 9255 | 20639 |
| \* | Dynavax Technologies <br> Corp.<br>| 488489 | 5739746 |
| \* | Edgewise <br> Therapeutics, Inc.<br>| 23679 | 388336 |
| \* | Editas Medicine, Inc. | 42686 | 70432 |
| \* | Electromed, Inc. | 44680 | 1028980 |
| \* | Eledon <br> Pharmaceuticals, <br> Inc.<br>| 7923 | 25037 |
|  | Embecta Corp. | 83198 | 1014184 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Emergent <br> BioSolutions, Inc.<br>| 98725 | $527191 |
| \* | Enanta <br> Pharmaceuticals, <br> Inc.<br>| 9837 | 59907 |
| \* | Enhabit, Inc. | 176391 | 1409364 |
| \* | Enovis Corp. | 209583 | 7249476 |
| \* | Entrada Therapeutics, <br> Inc.<br>| 19957 | 182207 |
| \* | Envista Holdings <br> Corp.<br>| 638663 | 10269701 |
| \* | Erasca, Inc. | 122850 | 179361 |
| \* | Evolent Health, Inc., <br> Class A<br>| 409492 | 4037591 |
| \* | Fate Therapeutics, <br> Inc.<br>| 137058 | 175434 |
| \* | FONAR Corp. | 53289 | 668777 |
| \* | Fulcrum Therapeutics, <br> Inc.<br>| 203697 | 784233 |
| \* | Fulgent Genetics, Inc. | 107854 | 1871267 |
| \* | GoodRx Holdings, <br> Inc., Class A<br>| 191051 | 884566 |
| \* | Haemonetics Corp. | 83694 | 5274396 |
| \* | Harmony Biosciences <br> Holdings, Inc.<br>| 140193 | 4131488 |
| \* | Harvard Bioscience, <br> Inc.<br>| 122406 | 43613 |
| \* | Health Catalyst, Inc. | 247541 | 977787 |
|  | HealthStream, Inc. | 224203 | 7539947 |
| #\* | Hims & Hers Health, <br> Inc.<br>| 206354 | 6830317 |
| #\* | ICU Medical, Inc. | 58234 | 7954182 |
| \* | Ideaya Biosciences, <br> Inc.<br>| 70520 | 1419568 |
| \* | ImmuCell Corp. | 1763 | 9555 |
| #\* | Immunovant, Inc. | 87977 | 1420829 |
| \* | InfuSystem Holdings, <br> Inc.<br>| 48951 | 231049 |
| #\* | Inmune Bio, Inc. | 7498 | 58934 |
| \* | Innoviva, Inc. | 296379 | 5539324 |
| \* | Inogen, Inc. | 84989 | 605972 |
| \* | Inozyme Pharma, Inc. | 5587 | 6425 |
| \* | Inspire Medical <br> Systems, Inc.<br>| 3696 | 585372 |
| \* | Instil Bio, Inc. | 7602 | 97686 |
| \* | Integer Holdings <br> Corp.<br>| 153874 | 19435825 |
| \* | Integra LifeSciences <br> Holdings Corp.<br>| 78799 | 1291516 |
| #\* | Intellia Therapeutics, <br> Inc.<br>| 308988 | 2740724 |
| #\* | Iovance <br> Biotherapeutics, <br> Inc.<br>| 369056 | 1324911 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
|  | iRadimed Corp. | 50061 | $2623697 |
| \* | iTeos Therapeutics, <br> Inc.<br>| 93627 | 678796 |
| \* | Joint Corp. | 28033 | 280610 |
| #\* | KalVista <br> Pharmaceuticals, <br> Inc.<br>| 42543 | 585817 |
| \* | Kewaunee Scientific <br> Corp.<br>| 25344 | 802644 |
| \* | Kezar Life Sciences, <br> Inc.<br>| 3935 | 17235 |
| \* | Kiniksa <br> Pharmaceuticals <br> International PLC<br>| 107223 | 2891804 |
| \* | Kodiak Sciences, Inc. | 3597 | 15683 |
| \* | Krystal Biotech, Inc. | 49532 | 8414496 |
| \* | Kura Oncology, Inc. | 282176 | 1851075 |
| \* | Kymera Therapeutics, <br> Inc.<br>| 8343 | 285915 |
| # | LeMaitre Vascular, <br> Inc.<br>| 111197 | 10090016 |
| \* | LENSAR, Inc. | 63198 | 887932 |
| \* | LENZ Therapeutics, <br> Inc.<br>| 1113 | 31737 |
| \* | LifeStance Health <br> Group, Inc.<br>| 473864 | 3113286 |
| \* | Ligand <br> Pharmaceuticals, <br> Inc.<br>| 77487 | 8512722 |
| \* | LivaNova PLC | 176881 | 6544597 |
| \* | MacroGenics, Inc. | 120482 | 209036 |
| \* | MannKind Corp. | 370768 | 1868671 |
| #\* | MaxCyte, Inc. | 212382 | 603165 |
| \* | MeiraGTx Holdings <br> PLC<br>| 48201 | 341745 |
| \*†† | Merrimack <br> Pharmaceuticals, <br> Inc.<br>| 145158 | 0 |
|  | Mesa Laboratories, <br> Inc.<br>| 21145 | 2436961 |
| \* | MiMedx Group, Inc. | 307272 | 2114031 |
| \* | Mineralys <br> Therapeutics, Inc.<br>| 1158 | 16455 |
| †† | Mirati Therapeutics, <br> Inc.<br>| 65800 | 196084 |
| #\* | ModivCare, Inc. | 71614 | 85221 |
| #\* | Monte Rosa <br> Therapeutics, Inc.<br>| 11425 | 56097 |
| \* | Myriad Genetics, Inc. | 365792 | 2710519 |
|  | National HealthCare <br> Corp.<br>| 102303 | 9666610 |
|  | National Research <br> Corp.<br>| 190443 | 2163432 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Nautilus <br> Biotechnology, Inc.<br>| 78645 | $54155 |
| \* | Neogen Corp. | 238098 | 1202395 |
| \* | NeoGenomics, Inc. | 457651 | 2926678 |
| \*» | Neoleukin <br> Therapeutics, Inc.<br>| 2887 | 0 |
| \* | Neurogene, Inc. | 721 | 10815 |
| \* | Nexgel, Inc. | 198 | 517 |
| \* | Niagen Bioscience, <br> Inc.<br>| 27044 | 212295 |
| \* | Nkarta, Inc. | 13264 | 28120 |
| #\* | Nurix Therapeutics, <br> Inc.<br>| 123689 | 1426134 |
| \* | Nutex Health, Inc. | 2090 | 229837 |
| \* | Nuvation Bio, Inc. | 82210 | 184972 |
| \* | Olema <br> Pharmaceuticals, <br> Inc.<br>| 255760 | 1319722 |
| \*» | OmniAb, Inc. <br> (2200963D US)<br>| 35754 | 0 |
| \*» | OmniAb, Inc. <br> (2200964D US)<br>| 35754 | 0 |
| #\* | OmniAb, Inc. (OABI <br> UQ)<br>| 397806 | 676270 |
| \* | Omnicell, Inc. | 119772 | 3744073 |
| #\*†† | Opiant <br> Pharmaceuticals, <br> Inc.<br>| 15320 | 0 |
| \* | OptimizeRx Corp. | 64609 | 589234 |
| \* | Option Care Health, <br> Inc.<br>| 221431 | 7154436 |
| \* | OraSure <br> Technologies, Inc.<br>| 270169 | 807805 |
| \* | Organogenesis <br> Holdings, Inc.<br>| 194038 | 952727 |
| # | Organon & Co. | 610821 | 7897916 |
| \* | ORIC <br> Pharmaceuticals, <br> Inc.<br>| 83598 | 477345 |
| \* | Orthofix Medical, Inc. | 46749 | 650279 |
| \* | OrthoPediatrics Corp. | 52379 | 1090531 |
| \* | Owens & Minor, Inc. | 278712 | 1967707 |
| \* | Pacira BioSciences, <br> Inc.<br>| 94241 | 2535083 |
| #\*†† | PDL BioPharma, Inc. | 616320 | 320486 |
| \* | Pediatrix Medical <br> Group, Inc.<br>| 343802 | 4428170 |
| \* | Pennant Group, Inc. | 191007 | 4893599 |
| \* | PepGen, Inc. | 1261 | 1980 |
| \* | Performant <br> Healthcare, Inc.<br>| 80313 | 189539 |
|  | Perrigo Co. PLC | 476817 | 12263733 |
| \* | Personalis, Inc. | 60464 | 228554 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
|  | Phibro Animal Health <br> Corp., Class A<br>| 75692 | $1408628 |
| #\* | Phreesia, Inc. | 42494 | 1060650 |
| \* | Pliant Therapeutics, <br> Inc.<br>| 54422 | 86531 |
| †† | Poseida Therapeutics, <br> Inc.<br>| 65427 | 32714 |
| \* | Precision <br> BioSciences, Inc.<br>| 11857 | 66873 |
| # | Premier, Inc., Class A | 450563 | 9168957 |
| \* | Prestige Consumer <br> Healthcare, Inc.<br>| 285192 | 23166146 |
| \* | Privia Health Group, <br> Inc.<br>| 181817 | 4269063 |
| \* | Pro-Dex, Inc. | 376 | 24696 |
| \* | Progyny, Inc. | 183345 | 4187600 |
| \* | Protagonist <br> Therapeutics, Inc.<br>| 99525 | 4560235 |
| \* | Prothena Corp. PLC | 188084 | 1730373 |
| \* | PTC Therapeutics, <br> Inc.<br>| 109880 | 5476419 |
| \* | Pulmonx Corp. | 48828 | 235839 |
| \* | Puma Biotechnology, <br> Inc.<br>| 110817 | 352398 |
| \* | Quanterix Corp. | 139673 | 804516 |
| \* | QuidelOrtho Corp. | 168215 | 4674695 |
| \* | RadNet, Inc. | 157754 | 8263155 |
| \* | REGENXBIO, Inc. | 128489 | 1234779 |
| \* | Relay Therapeutics, <br> Inc.<br>| 680256 | 2265252 |
| \* | Replimune Group, <br> Inc.<br>| 152022 | 1486775 |
| \* | Rezolute, Inc. | 32654 | 122779 |
| \* | Rigel <br> Pharmaceuticals, <br> Inc.<br>| 14287 | 279454 |
| \* | Rocket <br> Pharmaceuticals, <br> Inc.<br>| 225748 | 1722457 |
| \* | RxSight, Inc. | 64831 | 954312 |
| \* | Sage Therapeutics, <br> Inc.<br>| 6536 | 47647 |
| \* | Sagimet Biosciences, <br> Inc., Class A<br>| 1024 | 3533 |
| #\* | Sana Biotechnology, <br> Inc.<br>| 260177 | 494336 |
| #\* | Sanara Medtech, Inc. | 4175 | 133349 |
| \* | Savara, Inc. | 52313 | 167402 |
| #\* | Scholar Rock Holding <br> Corp.<br>| 6548 | 215495 |
| #\* | Schrodinger, Inc. | 193403 | 4956919 |
|  | Select Medical <br> Holdings Corp.<br>| 293329 | 5350321 |
| #\* | Semler Scientific, Inc. | 29655 | 958746 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | Sensus Healthcare, <br> Inc.<br>| 19632 | $84418 |
| #\* | SI-BONE, Inc. | 35289 | 481695 |
|  | SIGA Technologies, <br> Inc.<br>| 284940 | 1572869 |
| \* | Sight Sciences, Inc. | 34808 | 106164 |
| # | Simulations Plus, Inc. | 75843 | 2605207 |
| \* | Solid Biosciences, <br> Inc.<br>| 21765 | 72042 |
| \* | Sonida Senior Living, <br> Inc.<br>| 996 | 23127 |
| #\* | Sotera Health Co. | 246457 | 2834255 |
| \* | SpringWorks <br> Therapeutics, Inc.<br>| 123472 | 5716754 |
| #\* | STAAR Surgical Co. | 104956 | 1916497 |
| \* | Stoke Therapeutics, <br> Inc.<br>| 87408 | 853102 |
| \* | Supernus <br> Pharmaceuticals, <br> Inc.<br>| 209614 | 6808263 |
| #\* | Surgery Partners, Inc. | 121283 | 2662162 |
| \* | Surmodics, Inc. | 74836 | 2096156 |
| \* | Syndax <br> Pharmaceuticals, <br> Inc.<br>| 55803 | 789612 |
| \* | Tactile Systems <br> Technology, Inc.<br>| 82411 | 1163643 |
| \* | Talkspace, Inc. | 61740 | 189542 |
| \* | Tango Therapeutics, <br> Inc.<br>| 70535 | 99454 |
| \* | Tarsus <br> Pharmaceuticals, <br> Inc.<br>| 103825 | 5389556 |
| \* | Tectonic Therapeutic, <br> Inc.<br>| 2302 | 48020 |
| \* | Teladoc Health, Inc. | 551916 | 3968276 |
| \* | Terns <br> Pharmaceuticals, <br> Inc.<br>| 203613 | 671923 |
| #\* | Theravance <br> Biopharma, Inc.<br>| 56634 | 553314 |
| \* | Third Harmonic Bio, <br> Inc.<br>| 11106 | 57418 |
| #\* | TransMedics Group, <br> Inc.<br>| 69753 | 6417974 |
| \* | Trevi Therapeutics, <br> Inc.<br>| 25016 | 172861 |
| \* | TruBridge, Inc. | 42259 | 1100002 |
| \* | TScan Therapeutics, <br> Inc.<br>| 17024 | 27324 |
| \* | Twist Bioscience <br> Corp.<br>| 161662 | 6194888 |
| #\* | Tyra Biosciences, Inc. | 4756 | 48987 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
|  | U.S. Physical <br> Therapy, Inc.<br>| 59812 | $4253231 |
| #\* | UFP Technologies, <br> Inc.<br>| 30227 | 6303539 |
|  | Utah Medical <br> Products, Inc.<br>| 40273 | 2084128 |
| \* | Vanda <br> Pharmaceuticals, <br> Inc.<br>| 123185 | 555564 |
| \* | Varex Imaging Corp. | 150512 | 1252260 |
| \* | Veracyte, Inc. | 284848 | 8687864 |
| \* | Vericel Corp. | 194410 | 7391468 |
| \* | Verve Therapeutics, <br> Inc.<br>| 14254 | 80820 |
| \* | Vir Biotechnology, <br> Inc.<br>| 133042 | 814217 |
| \* | Voyager Therapeutics, <br> Inc.<br>| 117107 | 416901 |
| \* | Werewolf <br> Therapeutics, Inc.<br>| 101 | 91 |
| \* | XBiotech, Inc. | 15235 | 46314 |
| \* | Xencor, Inc. | 251460 | 2771089 |
| \* | Xenon <br> Pharmaceuticals, <br> Inc.<br>| 15130 | 577966 |
| \* | Xeris Biopharma <br> Holdings, Inc.<br>| 912 | 4168 |
| \* | XOMA Royalty Corp. | 4162 | 100054 |
| \* | Y-mAbs Therapeutics, <br> Inc.<br>| 136671 | 580852 |
| \* | Zentalis <br> Pharmaceuticals, <br> Inc.<br>| 44988 | 63883 |
| \* | Zimvie, Inc. | 81155 | 735264 |
| \* | Zymeworks, Inc. | 61328 | 797877 |
| TOTAL HEALTH CARE | TOTAL HEALTH CARE |  | 649488009 |
| INDUSTRIALS — (17.9%) | INDUSTRIALS — (17.9%) | INDUSTRIALS — (17.9%) | INDUSTRIALS — (17.9%) |
| \* | AAR Corp. | 264917 | 14162463 |
|  | ABM Industries, Inc. | 249175 | 12144789 |
|  | ACCO Brands Corp. | 359628 | 1388164 |
|  | Acme United Corp. | 30120 | 1160222 |
| #\* | ACV Auctions, Inc., <br> Class A<br>| 580085 | 8521449 |
| #\* | AeroVironment, Inc. | 68349 | 10356240 |
| \* | AerSale Corp. | 32806 | 228658 |
|  | Alamo Group, Inc. | 62545 | 10443764 |
|  | Albany International <br> Corp., Class A<br>| 152014 | 9996441 |
|  | Alight, Inc., Class A | 1022527 | 5225113 |
|  | Allegiant Travel Co. | 37887 | 1778037 |
|  | Allient, Inc. | 66321 | 1415953 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Alta Equipment <br> Group, Inc.<br>| 45124 | $191777 |
| \* | Ameresco, Inc., <br> Class A<br>| 120697 | 1283009 |
| #\* | American <br> Superconductor <br> Corp.<br>| 106052 | 2105132 |
| \* | American Woodmark <br> Corp.<br>| 79157 | 4670263 |
|  | Apogee Enterprises, <br> Inc.<br>| 117170 | 4648134 |
|  | ArcBest Corp. | 142530 | 8340856 |
|  | Arcosa, Inc. | 83143 | 6657260 |
|  | Argan, Inc. | 120680 | 18479728 |
|  | Astec Industries, Inc. | 132945 | 4816597 |
| \* | Astronics Corp. <br> (ATRO US)<br>| 129619 | 2941055 |
| \* | Astronics Corp. <br> (ATROB US), <br> Class B<br>| 36203 | 823618 |
| \* | Asure Software, Inc. | 5721 | 58125 |
|  | Atkore, Inc. | 31357 | 2002772 |
|  | Atmus Filtration <br> Technologies, Inc.<br>| 136726 | 4740290 |
| #\* | Avis Budget Group, <br> Inc.<br>| 69526 | 6440193 |
|  | AZZ, Inc. | 64977 | 5637405 |
|  | Barrett Business <br> Services, Inc.<br>| 118337 | 4799749 |
| \* | BGSF, Inc. | 22580 | 74514 |
| #\* | BlackSky Technology, <br> Inc.<br>| 77527 | 648126 |
| \* | Blade Air Mobility, <br> Inc.<br>| 23919 | 63385 |
| #\* | Bloom Energy Corp., <br> Class A<br>| 52594 | 963522 |
| #\* | Blue Bird Corp. | 65269 | 2275930 |
| \* | BlueLinx Holdings, <br> Inc.<br>| 31269 | 2036863 |
|  | Boise Cascade Co. | 232879 | 21722953 |
| \* | Bowman Consulting <br> Group Ltd.<br>| 17543 | 388051 |
|  | Brady Corp., Class A | 118543 | 8332387 |
| \* | BrightView Holdings, <br> Inc.<br>| 145708 | 1999114 |
|  | Brink's Co. | 94545 | 8437196 |
| #\* | Byrna Technologies, <br> Inc.<br>| 34365 | 769432 |
| \* | Cadeler AS (CDLR <br> US), ADR<br>| 32950 | 687667 |
| # | Cadre Holdings, Inc. | 48557 | 1415437 |
| \* | CBIZ, Inc. | 221307 | 15071007 |
| \* | CECO Environmental <br> Corp.<br>| 251431 | 5981543 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Chicago Rivet & <br> Machine Co.<br>| 17700 | $234525 |
| \* | Cimpress PLC | 87544 | 3678599 |
|  | Civeo Corp. | 47710 | 906013 |
| #\* | Clarivate PLC | 778317 | 3354546 |
|  | Columbus McKinnon <br> Corp.<br>| 102643 | 1524249 |
| \* | Commercial Vehicle <br> Group, Inc.<br>| 77980 | 74884 |
|  | CompX International, <br> Inc.<br>| 21197 | 576558 |
| # | Concentrix Corp. | 68985 | 3522374 |
|  | Concrete Pumping <br> Holdings, Inc.<br>| 123180 | 739080 |
| \* | Conduent, Inc. | 664010 | 1401061 |
| \* | Construction Partners, <br> Inc., Class A<br>| 76221 | 6260793 |
|  | Copa Holdings SA, <br> Class A<br>| 46457 | 4262894 |
| #†† | Costa <br> Communications, <br> Inc.<br>| 22311 | 3347 |
|  | Costamare, Inc. | 647699 | 6043032 |
|  | Covenant Logistics <br> Group, Inc.<br>| 100960 | 2009104 |
| \*» | CPI Aerostructures, <br> Inc.<br>| 2670 | 8597 |
|  | CRA International, <br> Inc.<br>| 73407 | 11906615 |
|  | CSG Systems <br> International, Inc.<br>| 165263 | 9937264 |
| \* | Custom Truck One <br> Source, Inc.<br>| 46998 | 189402 |
|  | Deluxe Corp. | 157545 | 2300157 |
| \* | Distribution Solutions <br> Group, Inc.<br>| 129648 | 3376034 |
| \* | DLH Holdings Corp. | 14417 | 56803 |
| \* | DNOW, Inc. | 428596 | 6801819 |
|  | Douglas Dynamics, <br> Inc.<br>| 172015 | 4124920 |
| \* | Driven Brands <br> Holdings, Inc.<br>| 69485 | 1147892 |
| \* | Ducommun, Inc. | 66234 | 3796533 |
|  | Dun & Bradstreet <br> Holdings, Inc.<br>| 510511 | 4579284 |
| \* | DXP Enterprises, Inc. | 106385 | 9410817 |
| \* | Dycom Industries, <br> Inc.<br>| 41563 | 6963881 |
|  | Eastern Co. | 52449 | 1100905 |
| \* | Energy Recovery, Inc. | 109616 | 1693567 |
|  | Enerpac Tool Group <br> Corp.<br>| 216573 | 8743052 |
|  | EnerSys | 63392 | 5489747 |
|  | Ennis, Inc. | 193411 | 3471727 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Enpro, Inc. | 125591 | $18763295 |
| \* | Enviri Corp. | 287812 | 1977268 |
|  | ESCO Technologies, <br> Inc.<br>| 167084 | 26140292 |
|  | Espey Mfg. & <br> Electronics Corp.<br>| 31294 | 962603 |
| \* | Everus Construction <br> Group, Inc.<br>| 153221 | 6165613 |
|  | EVI Industries, Inc. | 36137 | 582890 |
|  | Exponent, Inc. | 57436 | 4519064 |
|  | Federal Signal Corp. | 98822 | 8047075 |
| #\* | First Advantage Corp. | 318203 | 4486662 |
| #\* | Fluence Energy, Inc. | 239687 | 980320 |
| \* | Forrester Research, <br> Inc.<br>| 80584 | 753460 |
| #\* | Franklin Covey Co. | 120847 | 2454403 |
|  | Franklin Electric Co., <br> Inc.<br>| 28055 | 2383553 |
| \* | FreightCar America, <br> Inc.<br>| 11467 | 66279 |
| \* | Frontier Group <br> Holdings, Inc.<br>| 210189 | 626363 |
|  | FTAI Infrastructure, <br> Inc.<br>| 138645 | 598946 |
| \* | Gates Industrial Corp. <br> PLC<br>| 46224 | 874558 |
|  | Genco Shipping & <br> Trading Ltd.<br>| 149407 | 1936315 |
| \* | Gencor Industries, <br> Inc.<br>| 49441 | 627406 |
| \* | Gibraltar Industries, <br> Inc.<br>| 181423 | 9606348 |
|  | Global Industrial Co. | 261041 | 6703533 |
| \* | GMS, Inc. | 198994 | 14578300 |
|  | Gorman-Rupp Co. | 212718 | 7628067 |
| \* | Graham Corp. | 62385 | 1901495 |
| # | Granite Construction, <br> Inc.<br>| 219829 | 17869899 |
| \* | Great Lakes Dredge & <br> Dock Corp.<br>| 286515 | 2604421 |
|  | Greenbrier Cos., Inc. | 149199 | 6329022 |
|  | Griffon Corp. | 302935 | 20632903 |
| \* | GXO Logistics, Inc. | 64284 | 2329652 |
| \* | Hayward Holdings, <br> Inc.<br>| 255980 | 3412213 |
| \* | Healthcare Services <br> Group, Inc.<br>| 84652 | 1202905 |
|  | Heartland Express, <br> Inc.<br>| 100603 | 764583 |
|  | Heidrick & Struggles <br> International, Inc.<br>| 91011 | 3551249 |
|  | Helios Technologies, <br> Inc.<br>| 175771 | 4791517 |
|  | Herc Holdings, Inc. | 17460 | 1910822 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| #\* | Hertz Global Holdings, <br> Inc.<br>| 391300 | $2668666 |
|  | Hillenbrand, Inc. | 102117 | 2065827 |
| \* | Hillman Solutions <br> Corp.<br>| 203351 | 1421423 |
|  | HireQuest, Inc. | 878 | 9026 |
|  | HNI Corp. | 170593 | 7216084 |
|  | Hub Group, Inc., <br> Class A<br>| 387696 | 12247317 |
| \* | Hudson Global, Inc. | 2393 | 24098 |
| \* | Hudson Technologies, <br> Inc.<br>| 162061 | 1084188 |
|  | Hurco Cos., Inc. | 48196 | 803909 |
| \* | Huron Consulting <br> Group, Inc.<br>| 170273 | 22951098 |
|  | Hyster-Yale, Inc. | 76858 | 2953653 |
| \* | IBEX Holdings Ltd. | 15421 | 386142 |
|  | ICF International, Inc. | 72586 | 6166907 |
| #\* | IES Holdings, Inc. | 156480 | 30776486 |
| #\* | Innodata, Inc. | 71629 | 2709009 |
| \* | INNOVATE Corp. | 9430 | 62427 |
| \* | Innovative Solutions & <br> Support, Inc.<br>| 84145 | 567137 |
|  | Insperity, Inc. | 84948 | 5522469 |
|  | Insteel Industries, Inc. | 118222 | 4008908 |
|  | Interface, Inc. | 229642 | 4317270 |
| \* | Janus International <br> Group, Inc.<br>| 289414 | 1991168 |
| \* | JELD-WEN Holding, <br> Inc.<br>| 299646 | 1654046 |
| #\* | JetBlue Airways Corp. | 1233465 | 5377907 |
| # | Kadant, Inc. | 63451 | 18718045 |
|  | Karat Packaging, Inc. | 11492 | 303159 |
|  | Kelly Services, Inc., <br> Class A<br>| 289893 | 3348264 |
|  | Kennametal, Inc. | 311648 | 6070903 |
|  | Kforce, Inc. | 124738 | 4764992 |
|  | Korn Ferry | 132336 | 8165131 |
| \* | Kratos Defense & <br> Security Solutions, <br> Inc.<br>| 247646 | 8366720 |
| \* | L.B. Foster Co., <br> Class A<br>| 84083 | 1679138 |
| \* | Legalzoom.com, Inc. | 364503 | 2668162 |
| #\* | Limbach Holdings, <br> Inc.<br>| 69115 | 6617070 |
|  | Lindsay Corp. | 60118 | 7758829 |
| \* | Liquidity Services, <br> Inc.<br>| 122875 | 3904967 |
|  | LSI Industries, Inc. | 209413 | 3160042 |
|  | Luxfer Holdings PLC | 4138 | 44525 |
| \* | Manitowoc Co., Inc. | 83904 | 661164 |
|  | ManpowerGroup, Inc. | 102020 | 4394001 |
|  | Marten Transport Ltd. | 516000 | 6625440 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| \* | Mastech Digital, Inc. | 52173 | $383993 |
| \* | Masterbrand, Inc. | 131186 | 1593910 |
| \* | Matrix Service Co. | 114919 | 1333060 |
|  | Matson, Inc. | 187022 | 20402230 |
|  | Matthews International <br> Corp., Class A<br>| 67667 | 1383790 |
|  | Maximus, Inc. | 107469 | 7196124 |
| \* | Mayville Engineering <br> Co., Inc.<br>| 41384 | 528888 |
|  | McGrath RentCorp | 96662 | 10310936 |
| #\* | Mercury Systems, <br> Inc.<br>| 78403 | 3920150 |
|  | Miller Industries, Inc. | 67254 | 2744636 |
|  | MillerKnoll, Inc. | 174835 | 2867294 |
| \* | Mistras Group, Inc. | 104430 | 952402 |
| #\* | Montrose <br> Environmental <br> Group, Inc.<br>| 59788 | 874698 |
|  | Moog, Inc., Class A | 15161 | 2535677 |
| \* | MRC Global, Inc. | 348697 | 4062320 |
|  | MSC Industrial Direct <br> Co., Inc., Class A<br>| 83528 | 6388221 |
|  | Mueller Water <br> Products, Inc., <br> Class A<br>| 616560 | 16178534 |
| \* | MYR Group, Inc. | 97120 | 11879718 |
|  | National Presto <br> Industries, Inc.<br>| 39388 | 3322378 |
| \* | Net Power, Inc. | 18133 | 30826 |
|  | NL Industries, Inc. | 96157 | 825027 |
| \* | NN, Inc. | 20668 | 41543 |
| \* | Northwest Pipe Co. | 77196 | 3270023 |
| \* | NV5 Global, Inc. | 227920 | 4227916 |
|  | Omega Flex, Inc. | 87426 | 2619283 |
| \* | OPENLANE, Inc. | 501425 | 9281377 |
| \* | Orion Group Holdings, <br> Inc.<br>| 153509 | 980923 |
| \* | PAMT Corp. | 161461 | 2255610 |
|  | Pangaea Logistics <br> Solutions Ltd.<br>| 70185 | 282846 |
|  | Park Aerospace Corp. | 127367 | 1664687 |
|  | Park-Ohio Holdings <br> Corp.<br>| 110574 | 2201528 |
| \* | Perma-Fix <br> Environmental <br> Services, Inc.<br>| 8028 | 65830 |
| \* | Perma-Pipe <br> International <br> Holdings, Inc.<br>| 50694 | 608328 |
|  | Pioneer Power <br> Solutions, Inc.<br>| 5774 | 15417 |
|  | Pitney Bowes, Inc. | 18001 | 156249 |
| \* | Planet Labs PBC | 370133 | 1217738 |
| # | Powell Industries, Inc. | 112544 | 20607932 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| #\* | Power Solutions <br> International, Inc.<br>| 1898 | $47868 |
|  | Preformed Line <br> Products Co.<br>| 49299 | 6772204 |
|  | Primoris Services <br> Corp.<br>| 361141 | 21657626 |
| \* | Proto Labs, Inc. | 58991 | 2074124 |
| \* | Pursuit Attractions & <br> Hospitality, Inc.<br>| 42993 | 1259265 |
|  | Quad/Graphics, Inc. | 361051 | 1722213 |
|  | Quanex Building <br> Products Corp.<br>| 172796 | 2840766 |
| \* | Quest Resource <br> Holding Corp.<br>| 2691 | 6351 |
| \* | Radiant Logistics, Inc. | 179827 | 1051988 |
| \* | RCM Technologies, <br> Inc.<br>| 19136 | 333732 |
| \* | Resideo Technologies, <br> Inc.<br>| 338920 | 5687078 |
|  | Resources <br> Connection, Inc.<br>| 124210 | 712344 |
|  | REV Group, Inc. | 257651 | 8425188 |
|  | Rush Enterprises, Inc. <br> (RUSHA US), <br> Class A<br>| 368286 | 18778903 |
|  | Rush Enterprises, Inc. <br> (RUSHB US), <br> Class B<br>| 203494 | 11770093 |
| \* | RXO, Inc. | 234169 | 3299441 |
|  | Schneider National, <br> Inc., Class B<br>| 101147 | 2173649 |
|  | Science Applications <br> International Corp.<br>| 376 | 45507 |
|  | Sensata Technologies <br> Holding PLC<br>| 227532 | 4869185 |
| \* | Servotronics, Inc. | 24804 | 264411 |
|  | Shyft Group, Inc. | 159787 | 1351798 |
| \* | SIFCO Industries, <br> Inc.<br>| 45608 | 120861 |
| \* | Skillsoft Corp. | 3100 | 59303 |
| \* | SkyWest, Inc. | 193810 | 17282038 |
|  | Standex International <br> Corp.<br>| 75014 | 10608480 |
|  | Steelcase, Inc., <br> Class A<br>| 327563 | 3249425 |
| \* | Sterling Infrastructure, <br> Inc.<br>| 97960 | 14638163 |
| \* | Stratasys Ltd. | 25241 | 238275 |
| \* | Sun Country Airlines <br> Holdings, Inc.<br>| 65491 | 641812 |
| #\* | Sunrun, Inc. | 651485 | 4488732 |
| \* | TaskUS, Inc., Class A | 20521 | 286473 |
| \* | Taylor Devices, Inc. | 2541 | 81058 |
| # | Tecnoglass, Inc. | 180436 | 12859674 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Tennant Co. | 93258 | $6729497 |
|  | Terex Corp. | 191044 | 6724749 |
| \* | Thermon Group <br> Holdings, Inc.<br>| 139033 | 3646836 |
| \* | Titan International, <br> Inc.<br>| 271277 | 1993886 |
| \* | Titan Machinery, Inc. | 83317 | 1382229 |
| #\* | Transcat, Inc. | 35736 | 2834937 |
|  | TriNet Group, Inc. | 95177 | 7455214 |
|  | Trinity Industries, Inc. | 355867 | 8932262 |
| \* | Triumph Group, Inc. | 1503 | 38176 |
| \* | TrueBlue, Inc. | 124080 | 538507 |
|  | TTEC Holdings, Inc. | 63955 | 255820 |
| \* | Tutor Perini Corp. | 225294 | 4834809 |
|  | Twin Disc, Inc. | 83213 | 610783 |
| #\*†† | U.S. Airways Group, <br> Inc.<br>| 5375 | 0 |
| \* | Ultralife Corp. | 78530 | 351814 |
|  | UniFirst Corp. | 13128 | 2342954 |
|  | Universal Logistics <br> Holdings, Inc.<br>| 91309 | 1985058 |
| \* | Upwork, Inc. | 398159 | 5235791 |
| \* | V2X, Inc. | 50506 | 2513179 |
| \* | Verra Mobility Corp. | 395338 | 8618368 |
|  | Vestis Corp. | 141935 | 1243351 |
| \* | Vicor Corp. | 43098 | 1719826 |
|  | Virco Mfg. Corp. | 91021 | 836483 |
| \* | VirTra, Inc. | 2018 | 9444 |
| # | VSE Corp. | 75217 | 8613851 |
|  | Wabash National <br> Corp.<br>| 402905 | 2784074 |
| # | Werner Enterprises, <br> Inc.<br>| 179692 | 4431205 |
| \* | Willdan Group, Inc. | 47861 | 1876151 |
|  | Willis Lease Finance <br> Corp.<br>| 74923 | 11592087 |
|  | Worthington <br> Enterprises, Inc.<br>| 191103 | 9675545 |
| \* | Xometry, Inc., <br> Class A<br>| 62210 | 1595064 |
| TOTAL INDUSTRIALS | TOTAL INDUSTRIALS |  | 1159325489 |
| INFORMATION TECHNOLOGY — (9.8%) | INFORMATION TECHNOLOGY — (9.8%) | INFORMATION TECHNOLOGY — (9.8%) | INFORMATION TECHNOLOGY — (9.8%) |
| \* | 8x8, Inc. | 17972 | 31810 |
| \* | 908 Devices, Inc. | 6110 | 33177 |
|  | A10 Networks, Inc. | 290674 | 4790308 |
| \* | ACI Worldwide, Inc. | 129907 | 6931838 |
|  | Adeia, Inc. | 428628 | 5276411 |
| \* | ADTRAN Holdings, <br> Inc.<br>| 61172 | 468578 |
|  | Advanced Energy <br> Industries, Inc.<br>| 67430 | 6568356 |
| \* | Agilysys, Inc. | 110143 | 8189132 |
| \* | Airgain, Inc. | 26952 | 101070 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | Alarm.com Holdings, <br> Inc.<br>| 182870 | $9801832 |
| #\* | Alithya Group, Inc., <br> Class A<br>| 56864 | 68237 |
| \* | Alkami Technology, <br> Inc.<br>| 217012 | 5792050 |
| #\* | Allegro MicroSystems, <br> Inc.<br>| 323436 | 6167925 |
| \* | Alpha & Omega <br> Semiconductor Ltd.<br>| 123600 | 2327388 |
| \* | Ambarella, Inc. | 70820 | 3398652 |
|  | Amkor Technology, <br> Inc.<br>| 32482 | 566811 |
| \* | Amtech Systems, Inc. | 44592 | 153842 |
| #\* | Applied <br> Optoelectronics, <br> Inc.<br>| 33517 | 428682 |
| #\* | Arlo Technologies, <br> Inc.<br>| 12353 | 121430 |
| \* | ASGN, Inc. | 52335 | 2636637 |
| \* | AstroNova, Inc. | 59126 | 491337 |
| \* | AvePoint, Inc. | 312470 | 5108884 |
| \* | Aviat Networks, Inc. | 35081 | 616022 |
|  | Avnet, Inc. | 130895 | 6150756 |
| \* | Aware, Inc. | 83027 | 137825 |
| \* | Axcelis Technologies, <br> Inc.<br>| 92647 | 4537850 |
|  | Bel Fuse, Inc. (BELFA <br> US), Class A<br>| 29469 | 1809397 |
|  | Bel Fuse, Inc. (BELFB <br> US), Class B<br>| 54265 | 3569009 |
|  | Belden, Inc. | 169345 | 17461163 |
|  | Benchmark <br> Electronics, Inc.<br>| 280720 | 9131822 |
| \* | Bill Holdings, Inc. | 18528 | 844321 |
| \* | BK Technologies <br> Corp.<br>| 9350 | 417197 |
| \* | Blackbaud, Inc. | 96182 | 5822858 |
| #\* | BlackLine, Inc. | 154865 | 7314274 |
| \* | Box, Inc., Class A | 325653 | 10166887 |
| #\* | C3.ai, Inc., Class A | 15518 | 341551 |
| \* | Calix, Inc. | 262670 | 10745830 |
| #\* | Cerence, Inc. | 96391 | 873302 |
| \* | CEVA, Inc. | 93731 | 2456689 |
| \* | Cipher Mining, Inc. | 32215 | 91813 |
| # | Clear Secure, Inc., <br> Class A<br>| 125516 | 3097735 |
| #\* | Clearfield, Inc. | 33622 | 963943 |
| \* | Clearwater Analytics <br> Holdings, Inc., <br> Class A<br>| 57814 | 1314681 |
|  | Climb Global <br> Solutions, Inc.<br>| 27033 | 2849278 |
|  | Cognex Corp. | 99863 | 2726260 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | Cohu, Inc. | 209754 | $3356064 |
| \* | CommScope Holding <br> Co., Inc.<br>| 555749 | 2078501 |
| \* | Comtech <br> Telecommunications <br> Corp.<br>| 21909 | 30015 |
| \* | Consensus Cloud <br> Solutions, Inc.<br>| 22132 | 439542 |
| #\* | Core Scientific, Inc. | 616590 | 4994379 |
| \* | CoreCard Corp. | 7910 | 153612 |
| \* | Corsair Gaming, Inc. | 335273 | 2373733 |
| \* | CPI Card Group, Inc. | 2628 | 68696 |
| # | Crane NXT Co. | 119789 | 5620500 |
| \* | Crexendo, Inc. | 14983 | 73866 |
| \* | CS Disco, Inc. | 140928 | 525661 |
|  | CSP, Inc. | 97739 | 1626377 |
|  | CTS Corp. | 211860 | 8067629 |
| \* | CVD Equipment <br> Corp.<br>| 28652 | 83091 |
| \* | Daily Journal Corp. | 5102 | 1933556 |
| \* | Daktronics, Inc. | 185479 | 2353729 |
| \* | Data I/O Corp. | 49450 | 112746 |
| \* | Data Storage Corp. | 9283 | 32676 |
| \* | Diebold Nixdorf, Inc. | 26498 | 1174656 |
| \* | Digi International, Inc. | 231060 | 6284832 |
| \* | Digital Turbine, Inc. | 23082 | 69246 |
| \* | DigitalOcean <br> Holdings, Inc.<br>| 159817 | 4938345 |
| \* | Diodes, Inc. | 71131 | 2731430 |
| \* | DoubleVerify Holdings, <br> Inc.<br>| 126787 | 1681196 |
| \* | DXC Technology Co. | 616391 | 9566388 |
| \* | E2open Parent <br> Holdings, Inc.<br>| 362845 | 714805 |
| \* | Eastman Kodak Co. | 212083 | 1334002 |
| \* | eGain Corp. | 68392 | 351535 |
| \* | Electro-Sensors, Inc. | 4550 | 19246 |
| \* | ePlus, Inc. | 127982 | 7980958 |
| \* | EverCommerce, Inc. | 4185 | 40846 |
| \* | Everspin <br> Technologies, Inc.<br>| 52393 | 277683 |
| #\* | Evolv Technologies <br> Holdings, Inc.<br>| 97171 | 426581 |
| \* | Expensify, Inc., <br> Class A<br>| 30784 | 91121 |
| \* | Extreme Networks, <br> Inc.<br>| 36313 | 477879 |
| \* | FARO Technologies, <br> Inc.<br>| 77724 | 2285863 |
| #\* | Fastly, Inc., Class A | 169244 | 973153 |
| \* | Five9, Inc. | 141046 | 3545896 |
| \* | FormFactor, Inc. | 305390 | 8593675 |
|  | Frequency <br> Electronics, Inc.<br>| 67479 | 1255109 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | Freshworks, Inc., <br> Class A<br>| 284757 | $4205861 |
| \* | Grid Dynamics <br> Holdings, Inc.<br>| 218149 | 3088990 |
| \* | GSI Technology, Inc. | 54160 | 174395 |
|  | Hackett Group, Inc. | 291746 | 7451193 |
| \* | Harmonic, Inc. | 526568 | 4728581 |
| \* | I3 Verticals, Inc., <br> Class A<br>| 83902 | 2107618 |
| \* | Ichor Holdings Ltd. | 127294 | 2517875 |
| \* | Identiv, Inc. | 33314 | 110602 |
| #\* | indie Semiconductor, <br> Inc., Class A<br>| 480239 | 955676 |
|  | Information Services <br> Group, Inc.<br>| 145438 | 564299 |
| \* | Inseego Corp. | 21488 | 174912 |
| \* | Insight Enterprises, <br> Inc.<br>| 12353 | 1708173 |
| \* | Intapp, Inc. | 58579 | 3178497 |
|  | InterDigital, Inc. | 53684 | 10790484 |
| \* | inTEST Corp. | 66255 | 410781 |
| \* | IPG Photonics Corp. | 45820 | 2744160 |
| \* | Itron, Inc. | 80178 | 8923010 |
| \* | Jamf Holding Corp. | 382095 | 4420839 |
| \* | JFrog Ltd. | 255136 | 8615943 |
| \* | Key Tronic Corp. | 62233 | 153093 |
| \* | Kimball Electronics, <br> Inc.<br>| 179364 | 2572080 |
| \* | Knowles Corp. | 483080 | 7603679 |
|  | Kulicke & Soffa <br> Industries, Inc.<br>| 250013 | 8057919 |
| \* | KVH Industries, Inc. | 84966 | 434176 |
| \* | Lantronix, Inc. | 118543 | 252497 |
| \* | LGL Group, Inc. | 51187 | 350631 |
| #\* | Life360, Inc. | 44396 | 1904588 |
| # | Littelfuse, Inc. | 7869 | 1434597 |
| \* | LiveRamp Holdings, <br> Inc.<br>| 267518 | 6998271 |
| #\* | Lumentum Holdings, <br> Inc.<br>| 54033 | 3190108 |
| \* | Magnachip <br> Semiconductor <br> Corp.<br>| 78504 | 246503 |
| \* | MaxLinear, Inc. | 277832 | 2775542 |
| \* | Meridianlink, Inc. | 119282 | 2017059 |
|  | Methode Electronics, <br> Inc.<br>| 126443 | 792798 |
| \* | Mirion Technologies, <br> Inc.<br>| 404428 | 6381874 |
| \* | Mitek Systems, Inc. | 167515 | 1387024 |
|  | MKS Instruments, <br> Inc.<br>| 2190 | 153607 |
| \* | M-Tron Industries, <br> Inc.<br>| 13397 | 743132 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | N-able, Inc. | 660235 | $4661259 |
|  | Napco Security <br> Technologies, Inc.<br>| 242536 | 5541948 |
| #\* | Navitas <br> Semiconductor <br> Corp.<br>| 274825 | 530412 |
| #\* | nCino, Inc. | 208797 | 4844090 |
| \* | NCR Voyix Corp. | 520479 | 4460505 |
| \* | NETGEAR, Inc. | 76398 | 1842720 |
| \* | NetScout Systems, <br> Inc.<br>| 372752 | 7835247 |
|  | Network-1 <br> Technologies, Inc.<br>| 41388 | 52563 |
| \* | nLight, Inc. | 183785 | 1416982 |
| \* | Novanta, Inc. | 1150 | 136689 |
| # | NVE Corp. | 21709 | 1261510 |
| \* | Olo, Inc., Class A | 442828 | 2745534 |
| \* | ON24, Inc. | 121835 | 570188 |
|  | OneSpan, Inc. | 64944 | 965717 |
| \* | Ooma, Inc. | 37554 | 459285 |
| \* | Optical Cable Corp. | 27967 | 83621 |
| #\* | OSI Systems, Inc. | 108036 | 22119291 |
| \* | Ouster, Inc. | 12100 | 89903 |
| \* | PAR Technology <br> Corp.<br>| 125241 | 7314074 |
|  | PC Connection, Inc. | 152870 | 9484055 |
| \* | PDF Solutions, Inc. | 146386 | 2686183 |
| #\* | Penguin Solutions, <br> Inc.<br>| 266451 | 4548319 |
| \* | Photronics, Inc. | 315189 | 5758503 |
| \* | Plexus Corp. | 190736 | 23351808 |
|  | Power Integrations, <br> Inc.<br>| 68697 | 3374397 |
| \* | Powerfleet, Inc. NJ | 260226 | 1311539 |
| # | Progress Software <br> Corp.<br>| 231248 | 13865630 |
| \* | Q2 Holdings, Inc. | 98536 | 7808978 |
| \* | Qualys, Inc. | 36041 | 4530714 |
| \* | Rapid7, Inc. | 146129 | 3451567 |
|  | Red Violet, Inc. | 10090 | 394115 |
| \* | Research Solutions, <br> Inc.<br>| 4781 | 13100 |
| \* | RF Industries Ltd. | 45327 | 173602 |
| \* | Ribbon <br> Communications, <br> Inc.<br>| 398646 | 1279654 |
|  | Richardson <br> Electronics Ltd.<br>| 101116 | 875665 |
| \* | RingCentral, Inc., <br> Class A<br>| 224693 | 5729671 |
| \* | Rogers Corp. | 69899 | 4320457 |
| \* | Sanmina Corp. | 275638 | 21166242 |
|  | Sapiens International <br> Corp. NV<br>| 219817 | 6020788 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | ScanSource, Inc. | 166879 | $5505338 |
| \* | SEMrush Holdings, <br> Inc., Class A<br>| 145397 | 1494681 |
| \* | Silicon Laboratories, <br> Inc.<br>| 49382 | 5025112 |
| \* | SiTime Corp. | 15867 | 2330228 |
| \* | SkyWater Technology, <br> Inc.<br>| 48050 | 340674 |
| \* | SmartRent, Inc. | 128475 | 122450 |
| \* | SoundThinking, Inc. | 13972 | 216845 |
| \* | Sprinklr, Inc., Class A | 163721 | 1259014 |
| » | SRAX, Inc. | 29242 | 2924 |
| \* | Synaptics, Inc. | 105662 | 5881147 |
| \* | Synchronoss <br> Technologies, Inc.<br>| 1008 | 10584 |
| \* | Telos Corp. | 232558 | 634883 |
| \* | Tenable Holdings, <br> Inc.<br>| 156888 | 4796066 |
| \* | Teradata Corp. | 226246 | 4864289 |
| #\* | Terawulf, Inc. | 843480 | 2344874 |
| \* | TransAct <br> Technologies, Inc.<br>| 39743 | 138306 |
| \* | Trio-Tech <br> International<br>| 14028 | 72384 |
| \* | TTM Technologies, <br> Inc.<br>| 633202 | 12676704 |
| \* | Turtle Beach Corp. | 54381 | 628101 |
| \* | Ultra Clean Holdings, <br> Inc.<br>| 186992 | 3497685 |
| \* | Unisys Corp. | 264085 | 1048417 |
| \* | Veeco Instruments, <br> Inc.<br>| 212679 | 3977097 |
| \* | Verint Systems, Inc. | 171149 | 3019068 |
| \* | Viant Technology, Inc., <br> Class A<br>| 32804 | 469425 |
| #\* | Viasat, Inc. | 127232 | 1179441 |
| \* | Viavi Solutions, Inc. | 588567 | 6227039 |
|  | Vishay <br> Intertechnology, <br> Inc.<br>| 431432 | 5604302 |
| \* | Vishay Precision <br> Group, Inc.<br>| 99291 | 2476318 |
| # | Xerox Holdings Corp. | 480492 | 2118970 |
| \* | Xperi, Inc. | 167094 | 1234825 |
| \* | Yext, Inc. | 122522 | 833150 |
| #\* | Zeta Global Holdings <br> Corp., Class A<br>| 458392 | 5986600 |
| TOTAL INFORMATION <br> TECHNOLOGY | TOTAL INFORMATION <br> TECHNOLOGY |  | 639048201 |
| MATERIALS — (4.8%) | MATERIALS — (4.8%) | MATERIALS — (4.8%) | MATERIALS — (4.8%) |
|  | AdvanSix, Inc. | 99041 | 2121458 |
| \* | Alpha Metallurgical <br> Resources, Inc.<br>| 51391 | 6236298 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | American Vanguard <br> Corp.<br>| 113086 | $477223 |
|  | Ardagh Metal <br> Packaging SA<br>| 129746 | 481358 |
| \* | Arq, Inc. | 36101 | 136823 |
| \* | Ascent Industries Co. | 54117 | 714344 |
|  | Ashland, Inc. | 120455 | 6551547 |
| \* | Aspen Aerogels, Inc. | 293890 | 1587006 |
|  | Avient Corp. | 156474 | 5212149 |
| #\* | Bioceres Crop <br> Solutions Corp.<br>| 15939 | 67741 |
|  | Cabot Corp. | 77017 | 6048915 |
|  | Caledonia Mining <br> Corp. PLC<br>| 17865 | 235282 |
| \* | Century Aluminum <br> Co.<br>| 476895 | 7825847 |
|  | Chemours Co. | 395018 | 4890323 |
| \* | Clearwater Paper <br> Corp.<br>| 91424 | 2455649 |
| \* | Cleveland-Cliffs, Inc. | 485780 | 4002827 |
| \* | Coeur Mining, Inc. | 1633080 | 9063594 |
| # | Compass Minerals <br> International, Inc.<br>| 42007 | 564574 |
| \* | Core Molding <br> Technologies, Inc.<br>| 35348 | 543652 |
| \* | Dakota Gold Corp. | 60855 | 164308 |
| \* | Ecovyst, Inc. | 428568 | 2562837 |
|  | Ferroglobe PLC | 261853 | 913867 |
| \* | Flexible Solutions <br> International, Inc.<br>| 1551 | 5847 |
| \* | Flotek Industries, Inc. | 13607 | 94705 |
|  | FMC Corp. | 100465 | 4211493 |
|  | Fortitude Gold Corp. | 56138 | 194799 |
|  | Friedman Industries, <br> Inc.<br>| 70174 | 1207695 |
|  | Greif, Inc. (GEF US), <br> Class A<br>| 95064 | 4988959 |
|  | Greif, Inc. (GEF/B <br> US), Class B<br>| 20094 | 1116624 |
|  | Hawkins, Inc. | 162814 | 19827489 |
|  | HB Fuller Co. | 80778 | 4365243 |
|  | Hecla Mining Co. | 2207764 | 12628410 |
|  | Huntsman Corp. | 607114 | 8080687 |
| \* | Ingevity Corp. | 81469 | 2686848 |
|  | Innospec, Inc. | 132574 | 11862722 |
| \* | Intrepid Potash, Inc. | 55978 | 1849513 |
| \* | Ivanhoe Electric, Inc. | 55583 | 350173 |
|  | Kaiser Aluminum <br> Corp.<br>| 82007 | 5286171 |
|  | Koppers Holdings, <br> Inc.<br>| 86690 | 2172451 |
|  | Kronos Worldwide, <br> Inc.<br>| 241175 | 1859459 |
| \* | LSB Industries, Inc. | 71554 | 456515 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
| \* | Magnera Corp. | 48569 | $712507 |
|  | Materion Corp. | 135671 | 11262050 |
|  | Mativ Holdings, Inc. | 190494 | 973424 |
| #\* | McEwen Mining, Inc. | 85767 | 668983 |
|  | Mercer International, <br> Inc.<br>| 251903 | 1126006 |
| \* | Metallus, Inc. | 273718 | 3462533 |
|  | Minerals <br> Technologies, Inc.<br>| 171833 | 8864864 |
| #\* | MP Materials Corp. | 439694 | 10754915 |
|  | Myers Industries, Inc. | 191205 | 2007652 |
|  | NewMarket Corp. | 887 | 545771 |
| \* | Nexa Resources SA | 58232 | 340075 |
| # | Northern Technologies <br> International Corp.<br>| 72411 | 539462 |
| \* | O-I Glass, Inc. | 577269 | 7308226 |
|  | Olin Corp. | 180305 | 3898194 |
|  | Olympic Steel, Inc. | 70152 | 2262402 |
|  | Orion SA | 197961 | 2383450 |
| \* | Perimeter Solutions, <br> Inc.<br>| 134882 | 1366355 |
|  | Quaker Chemical <br> Corp.<br>| 35871 | 3800174 |
|  | Radius Recycling, <br> Inc.<br>| 142206 | 4170902 |
|  | Ramaco Resources, <br> Inc. (METC US), <br> Class A<br>| 155677 | 1569224 |
|  | Ramaco Resources, <br> Inc. (METCB US), <br> Class B<br>| 6081 | 55763 |
| \* | Ranpak Holdings <br> Corp.<br>| 252193 | 1036513 |
| \* | Rayonier Advanced <br> Materials, Inc.<br>| 247507 | 1054380 |
| †† | Resolute Forest <br> Products, Inc.<br>| 332327 | 88499 |
|  | Ryerson Holding <br> Corp.<br>| 125403 | 2931922 |
|  | Scotts Miracle-Gro <br> Co.<br>| 111238 | 5604170 |
|  | Sealed Air Corp. | 207281 | 5712664 |
|  | Sensient Technologies <br> Corp.<br>| 88240 | 8290148 |
| \* | Smith-Midland Corp. | 1828 | 54822 |
|  | Sonoco Products Co. | 90931 | 3728171 |
|  | Stepan Co. | 124252 | 6282181 |
|  | SunCoke Energy, Inc. | 332240 | 3010094 |
|  | Sylvamo Corp. | 161937 | 9654684 |
| \* | Tredegar Corp. | 122421 | 951211 |
|  | TriMas Corp. | 186084 | 4475320 |
|  | Trinseo PLC | 16305 | 64894 |
|  | Tronox Holdings PLC | 613853 | 3320945 |
| \* | U.S. Gold Corp. | 6742 | 73960 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | U.S. Lime & Minerals, <br> Inc.<br>| 281601 | $26332509 |
|  | Warrior Met Coal, Inc. | 214407 | 10252943 |
|  | Worthington Steel, <br> Inc.<br>| 136519 | 3503078 |
| TOTAL MATERIALS | TOTAL MATERIALS |  | 310599465 |
| REAL ESTATE — (1.2%) | REAL ESTATE — (1.2%) | REAL ESTATE — (1.2%) | REAL ESTATE — (1.2%) |
| \* | AMREP Corp. | 58337 | 1315499 |
| \* | Anywhere Real <br> Estate, Inc.<br>| 390639 | 1351611 |
| \* | CKX Lands, Inc. | 11773 | 123852 |
| \* | Compass, Inc., <br> Class A<br>| 749785 | 5788340 |
| \* | Cushman & Wakefield <br> PLC<br>| 595785 | 5582505 |
| # | eXp World Holdings, <br> Inc.<br>| 201525 | 1845969 |
| \* | Five Point <br> Holdings LLC, <br> Class A<br>| 24172 | 127145 |
| \* | Forestar Group, Inc. | 169753 | 3269443 |
| \* | FRP Holdings, Inc. | 168881 | 4489701 |
| \* | Howard Hughes <br> Holdings, Inc.<br>| 234720 | 15615922 |
| \*» | JW Mays, Inc. | 2700 | 100332 |
|  | Kennedy-Wilson <br> Holdings, Inc.<br>| 506085 | 3238944 |
|  | Marcus & Millichap, <br> Inc.<br>| 245617 | 7466757 |
| \* | Maui Land & <br> Pineapple Co., Inc.<br>| 83011 | 1289161 |
|  | Newmark Group, Inc., <br> Class A<br>| 495498 | 5445523 |
| \* | Rafael Holdings, Inc., <br> Class B<br>| 114197 | 180431 |
| \* | RE/MAX Holdings, <br> Inc., Class A<br>| 66331 | 507432 |
|  | RMR Group, Inc., <br> Class A<br>| 56617 | 831138 |
| \* | Seaport Entertainment <br> Group, Inc.<br>| 53376 | 1022150 |
|  | St. Joe Co. | 354597 | 15006545 |
| \* | Star Holdings | 877 | 5911 |
| \* | Stratus Properties, <br> Inc.<br>| 54159 | 859503 |
| \* | Tejon Ranch Co. | 127690 | 2161792 |
| TOTAL REAL ESTATE | TOTAL REAL ESTATE |  | 77625606 |
| UTILITIES — (2.9%) | UTILITIES — (2.9%) | UTILITIES — (2.9%) | UTILITIES — (2.9%) |
|  | ALLETE, Inc. | 104755 | 6860405 |
|  | American States <br> Water Co.<br>| 147063 | 11928280 |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) |
|  | Artesian Resources <br> Corp., Class A<br>| 38755 | $1376578 |
|  | Avista Corp. | 266241 | 11041014 |
|  | Black Hills Corp. | 124057 | 7555071 |
|  | California Water <br> Service Group<br>| 234250 | 11864763 |
|  | Chesapeake Utilities <br> Corp.<br>| 102415 | 13484983 |
|  | Consolidated Water <br> Co. Ltd.<br>| 70064 | 1628287 |
|  | Genie Energy Ltd., <br> Class B<br>| 184183 | 2720383 |
|  | Global Water <br> Resources, Inc.<br>| 38483 | 401378 |
| \* | Hawaiian Electric <br> Industries, Inc.<br>| 351048 | 3686004 |
|  | MDU Resources <br> Group, Inc.<br>| 301747 | 5171944 |
|  | MGE Energy, Inc. | 131963 | 11932094 |
|  | Middlesex Water Co. | 87726 | 5537265 |
| \* | Montauk Renewables, <br> Inc.<br>| 70531 | 148115 |
|  | New Jersey <br> Resources Corp.<br>| 161592 | 7908313 |
|  | Northwest Natural <br> Holding Co.<br>| 146473 | 6312986 |
|  | Northwestern Energy <br> Group, Inc.<br>| 147996 | 8617807 |
|  | ONE Gas, Inc. | 100280 | 7872983 |
|  | Ormat Technologies, <br> Inc.<br>| 97982 | 7113493 |
| # | Otter Tail Corp. | 206830 | 16418165 |
|  | Portland General <br> Electric Co.<br>| 162390 | 6839867 |
| \* | Pure Cycle Corp. | 96891 | 959221 |
|  | RGC Resources, Inc. | 24690 | 517749 |
|  | SJW Group | 136259 | 7731336 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) |
|  | Spire, Inc. | 97345 | $7450786 |
| # | TXNM Energy, Inc. | 151814 | 8076505 |
|  | Unitil Corp. | 92438 | 5422413 |
|  | York Water Co. | 72040 | 2535808 |
| TOTAL UTILITIES | TOTAL UTILITIES |  | 189113996 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 5936931602 |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| INFORMATION TECHNOLOGY — (0.0%) | INFORMATION TECHNOLOGY — (0.0%) | INFORMATION TECHNOLOGY — (0.0%) | INFORMATION TECHNOLOGY — (0.0%) |
| \*» | M-Tron Industries, Inc. <br> Warrants <br> 02/28/2028<br>| 16700 | 29225 |
| TOTAL <br> RIGHTS/WARRANTS | TOTAL <br> RIGHTS/WARRANTS |  | 29225 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $4,151,847,350) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $4,151,847,350) |  | 5936960827 |

---

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

---

| | | | |
|:---|:---|:---|:---|
| TEMPORARY CASH INVESTMENTS — (0.6%) | TEMPORARY CASH INVESTMENTS — (0.6%) | TEMPORARY CASH INVESTMENTS — (0.6%) | TEMPORARY CASH INVESTMENTS — (0.6%) |
| Ɏ | State Street <br> Institutional <br> U.S. Government <br> Money Market Fund <br> 4.290%<br>| 39522485 | 39522485 |
| SECURITIES LENDING COLLATERAL — (7.8%) | SECURITIES LENDING COLLATERAL — (7.8%) | SECURITIES LENDING COLLATERAL — (7.8%) | SECURITIES LENDING COLLATERAL — (7.8%) |
| @§ | The DFA Short Term <br> Investment Fund <br>| 43391662 | 501824574 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $4,693,257,023) | (Cost $4,693,257,023) |  | $6478307886 |

---

As of April 30, 2025, U.S. Micro Cap Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 153 | 06/20/25 | &nbsp;&nbsp; $41620688 | &nbsp;&nbsp; $42740550 | &nbsp;&nbsp; $1119862 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$41620688** | &nbsp;&nbsp; **$42740550** | &nbsp;&nbsp; **$1119862** |

---

------

**U.S. Micro Cap Portfolio**

**CONTINUED**

As of April 30, 2025, the value of Rule 144A securities amounted to $1,217,429 or 0.0% of net assets.

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Communication Services | &nbsp;&nbsp; $204987915 | &nbsp;&nbsp; $130869 | &nbsp;&nbsp; — | &nbsp;&nbsp; $205118784 |
| Consumer Discretionary | &nbsp;&nbsp; 778228139 | &nbsp;&nbsp; 60953 | &nbsp;&nbsp; — | &nbsp;&nbsp; 778289092 |
| Consumer Staples | &nbsp;&nbsp; 239150996 | &nbsp;&nbsp; 1000911 | &nbsp;&nbsp; — | &nbsp;&nbsp; 240151907 |
| Energy | &nbsp;&nbsp; 296233473 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 296233473 |
| Financials | &nbsp;&nbsp; 1391142850 | &nbsp;&nbsp; 794730 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1391937580 |
| Health Care | &nbsp;&nbsp; 647912941 | &nbsp;&nbsp; — | &nbsp;&nbsp; $1575068 | &nbsp;&nbsp; 649488009 |
| Industrials | &nbsp;&nbsp; 1159313545 | &nbsp;&nbsp; 8597 | &nbsp;&nbsp; 3347 | &nbsp;&nbsp; 1159325489 |
| Information Technology | &nbsp;&nbsp; 639045277 | &nbsp;&nbsp; 2924 | &nbsp;&nbsp; — | &nbsp;&nbsp; 639048201 |
| Materials | &nbsp;&nbsp; 310510966 | &nbsp;&nbsp; — | &nbsp;&nbsp; 88499 | &nbsp;&nbsp; 310599465 |
| Real Estate | &nbsp;&nbsp; 77525274 | &nbsp;&nbsp; 100332 | &nbsp;&nbsp; — | &nbsp;&nbsp; 77625606 |
| Utilities | &nbsp;&nbsp; 189113996 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 189113996 |
| Rights/Warrants |  |  |  |  |
| Information Technology | &nbsp;&nbsp; — | &nbsp;&nbsp; 29225 | &nbsp;&nbsp; — | &nbsp;&nbsp; 29225 |
| Temporary Cash Investments | &nbsp;&nbsp; 39522485 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 39522485 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 501824574 | &nbsp;&nbsp; — | &nbsp;&nbsp; 501824574 |
| Total Investments in Securities | &nbsp;&nbsp; $5972687857 | &nbsp;&nbsp; $503953115 | &nbsp;&nbsp; $1,666,914˂˃ | &nbsp;&nbsp; $6478307886 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; 1119862 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1119862 |
| Total Financial Instruments | &nbsp;&nbsp; $1119862 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $1119862 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

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

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

------

**U.S. High Relative Profitability Portfolio**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)**

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMON STOCKS — (98.1%) | COMMON STOCKS — (98.1%) | COMMON STOCKS — (98.1%) | COMMON STOCKS — (98.1%) |
| COMMUNICATION SERVICES — (1.7%) | COMMUNICATION SERVICES — (1.7%) | COMMUNICATION SERVICES — (1.7%) | COMMUNICATION SERVICES — (1.7%) |
| #\* | Charter <br> Communications, <br> Inc., Class A<br>| 31675 | $12412166 |
| \* | Live Nation <br> Entertainment, Inc.<br>| 29546 | 3913368 |
|  | Match Group, Inc. | 2080 | 61693 |
|  | Meta Platforms, Inc., <br> Class A<br>| 108393 | 59507757 |
|  | Omnicom Group, Inc. | 142883 | 10881969 |
| # | Warner Music Group <br> Corp., Class A<br>| 21214 | 645966 |
| TOTAL COMMUNICATION <br> SERVICES | TOTAL COMMUNICATION <br> SERVICES |  | 87422919 |
| CONSUMER DISCRETIONARY — (10.5%) | CONSUMER DISCRETIONARY — (10.5%) | CONSUMER DISCRETIONARY — (10.5%) | CONSUMER DISCRETIONARY — (10.5%) |
|  | Best Buy Co., Inc. | 183360 | 12228278 |
| \* | Burlington Stores, Inc. | 57498 | 12939350 |
| \* | Chipotle Mexican Grill, <br> Inc.<br>| 442621 | 22361213 |
|  | Darden Restaurants, <br> Inc.<br>| 108581 | 21785692 |
|  | Dick's Sporting Goods, <br> Inc.<br>| 43387 | 8145475 |
|  | eBay, Inc. | 93897 | 6400020 |
|  | Expedia Group, Inc. | 107533 | 16875154 |
|  | General Motors Co. | 587216 | 26565652 |
|  | Home Depot, Inc. | 368960 | 133006390 |
| # | Las Vegas Sands <br> Corp.<br>| 206088 | 7557247 |
| \* | Lululemon Athletica, <br> Inc.<br>| 91490 | 24772747 |
|  | NIKE, Inc., Class B | 240963 | 13590313 |
| \* | NVR, Inc. | 444 | 3163833 |
| # | Pool Corp. | 7371 | 2160735 |
|  | Ross Stores, Inc. | 301391 | 41893349 |
| # | Royal Caribbean <br> Cruises Ltd.<br>| 241117 | 51818454 |
|  | Service Corp. <br> International<br>| 2262 | 180734 |
|  | Tapestry, Inc. | 8464 | 597982 |
|  | TJX Cos., Inc. | 473834 | 60972959 |
|  | Tractor Supply Co. | 459651 | 23267534 |
| \* | Ulta Beauty, Inc. | 43317 | 17137938 |
|  | Williams-Sonoma, Inc. | 115392 | 17824602 |
| TOTAL CONSUMER <br> DISCRETIONARY | TOTAL CONSUMER <br> DISCRETIONARY |  | 525245651 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (11.0%) | CONSUMER STAPLES — (11.0%) | CONSUMER STAPLES — (11.0%) | CONSUMER STAPLES — (11.0%) |
|  | Altria Group, Inc. | 152454 | $9017654 |
| \* | BJ's Wholesale Club <br> Holdings, Inc.<br>| 7234 | 850429 |
|  | Clorox Co. | 20882 | 2971508 |
|  | Coca-Cola Co. | 79345 | 5756480 |
|  | Colgate-Palmolive Co. | 242277 | 22335517 |
|  | Costco Wholesale <br> Corp.<br>| 180187 | 179195971 |
|  | Hershey Co. | 76408 | 12774653 |
|  | Kimberly-Clark Corp. | 213895 | 28187083 |
|  | Kroger Co. | 540632 | 39039037 |
|  | PepsiCo, Inc. | 656758 | 89043250 |
|  | Procter & Gamble Co. | 681863 | 110850468 |
|  | Sysco Corp. | 403105 | 28781697 |
|  | Target Corp. | 208891 | 20199760 |
| TOTAL CONSUMER <br> STAPLES | TOTAL CONSUMER <br> STAPLES |  | 549003507 |
| ENERGY — (3.8%) | ENERGY — (3.8%) | ENERGY — (3.8%) | ENERGY — (3.8%) |
|  | Cheniere Energy, Inc. | 197026 | 45534679 |
|  | ConocoPhillips | 157931 | 14074811 |
|  | Devon Energy Corp. | 515369 | 15672371 |
|  | EOG Resources, Inc. | 18824 | 2076852 |
|  | Exxon Mobil Corp. | 59251 | 6258683 |
|  | Hess Corp. | 173623 | 22406048 |
|  | Marathon Petroleum <br> Corp.<br>| 98245 | 13499845 |
|  | Occidental Petroleum <br> Corp.<br>| 256924 | 10125375 |
|  | Targa Resources <br> Corp.<br>| 223781 | 38244173 |
| # | Texas Pacific Land <br> Corp.<br>| 6403 | 8252635 |
|  | Valero Energy Corp. | 101287 | 11758408 |
| TOTAL ENERGY | TOTAL ENERGY |  | 187903880 |
| FINANCIALS — (12.5%) | FINANCIALS — (12.5%) | FINANCIALS — (12.5%) | FINANCIALS — (12.5%) |
|  | American Express Co. | 223953 | 59663319 |
|  | Ameriprise Financial, <br> Inc.<br>| 106466 | 50147615 |
|  | Aon PLC, Class A | 41350 | 14670566 |
| \* | Corpay, Inc. | 55567 | 18079835 |
|  | Equitable Holdings, <br> Inc.<br>| 224885 | 11120563 |
|  | LPL Financial <br> Holdings, Inc.<br>| 66610 | 21301212 |
|  | Marsh & McLennan <br> Cos., Inc.<br>| 38877 | 8765597 |

---

------

**U.S. High Relative Profitability Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Mastercard, Inc., <br> Class A<br>| 256009 | $140308293 |
|  | Moody's Corp. | 62539 | 28337672 |
|  | Travelers Cos., Inc. | 69172 | 18270400 |
|  | Visa, Inc., Class A | 714513 | 246864241 |
|  | Willis Towers Watson <br> PLC<br>| 12922 | 3977392 |
| TOTAL FINANCIALS | TOTAL FINANCIALS |  | 621506705 |
| HEALTH CARE — (15.3%) | HEALTH CARE — (15.3%) | HEALTH CARE — (15.3%) | HEALTH CARE — (15.3%) |
|  | AbbVie, Inc. | 811120 | 158249512 |
|  | Amgen, Inc. | 263714 | 76719677 |
|  | Bristol-Myers Squibb <br> Co.<br>| 876047 | 43977560 |
|  | Cencora, Inc. | 63890 | 18698686 |
| \* | DaVita, Inc. | 24677 | 3493030 |
| \* | Dexcom, Inc. | 3007 | 214640 |
|  | Eli Lilly & Co. | 244134 | 219464259 |
|  | Gilead Sciences, Inc. | 602445 | 64184490 |
| \* | IDEXX Laboratories, <br> Inc.<br>| 62231 | 26924242 |
| \* | IQVIA Holdings, Inc. | 1561 | 242064 |
| # | Johnson & Johnson | 675859 | 105643520 |
| \* | Mettler-Toledo <br> International, Inc.<br>| 4116 | 4406466 |
| \* | Solventum Corp. | 17766 | 1174688 |
| \* | Waters Corp. | 29796 | 10360963 |
|  | Zoetis, Inc. | 186974 | 29242734 |
| TOTAL HEALTH CARE | TOTAL HEALTH CARE |  | 762996531 |
| INDUSTRIALS — (15.9%) | INDUSTRIALS — (15.9%) | INDUSTRIALS — (15.9%) | INDUSTRIALS — (15.9%) |
|  | 3M Co. | 130102 | 18072469 |
|  | Allegion PLC | 18364 | 2556269 |
|  | Automatic Data <br> Processing, Inc.<br>| 157070 | 47215242 |
|  | Booz Allen Hamilton <br> Holding Corp.<br>| 74462 | 8936929 |
|  | Broadridge Financial <br> Solutions, Inc.<br>| 86735 | 21024564 |
| \* | Builders FirstSource, <br> Inc.<br>| 38834 | 4645711 |
|  | Carlisle Cos., Inc. | 3484 | 1322108 |
|  | Caterpillar, Inc. | 219896 | 68007236 |
|  | Cintas Corp. | 115609 | 24472113 |
| # | CSX Corp. | 737353 | 20697499 |
|  | Deere & Co. | 37968 | 17600446 |
|  | Delta Air Lines, Inc. | 573897 | 23891332 |
|  | EMCOR Group, Inc. | 6093 | 2441465 |
|  | Expeditors <br> International of <br> Washington, Inc.<br>| 20211 | 2221391 |
|  | Fastenal Co. | 112388 | 9100056 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Ferguson Enterprises, <br> Inc.<br>| 154261 | $26171921 |
|  | Honeywell <br> International, Inc.<br>| 280396 | 59023358 |
| # | Illinois Tool Works, <br> Inc.<br>| 134385 | 32240305 |
|  | Lennox International, <br> Inc.<br>| 13149 | 7189216 |
|  | Lincoln Electric <br> Holdings, Inc.<br>| 3718 | 655112 |
|  | Lockheed Martin Corp. | 112034 | 53524244 |
| # | Masco Corp. | 12069 | 731502 |
|  | Old Dominion Freight <br> Line, Inc.<br>| 22304 | 3418757 |
|  | Paychex, Inc. | 246521 | 36268170 |
|  | Rockwell Automation, <br> Inc.<br>| 12418 | 3075690 |
|  | Rollins, Inc. | 135798 | 7758140 |
|  | Trane Technologies <br> PLC<br>| 39354 | 15084782 |
|  | Union Pacific Corp. | 305839 | 65957239 |
| \* | United Airlines <br> Holdings, Inc.<br>| 292110 | 20103010 |
|  | United Parcel Service, <br> Inc., Class B<br>| 302531 | 28831204 |
|  | United Rentals, Inc. | 51289 | 32386439 |
|  | Veralto Corp. | 50160 | 4810344 |
|  | Verisk Analytics, Inc. | 77505 | 22974807 |
|  | Vertiv Holdings Co., <br> Class A<br>| 307668 | 26268694 |
|  | Waste Management, <br> Inc.<br>| 190530 | 44462081 |
|  | WW Grainger, Inc. | 29891 | 30617650 |
| \* | XPO, Inc. | 10214 | 1083910 |
| TOTAL INDUSTRIALS | TOTAL INDUSTRIALS |  | 794841405 |
| INFORMATION TECHNOLOGY — (25.6%) | INFORMATION TECHNOLOGY — (25.6%) | INFORMATION TECHNOLOGY — (25.6%) | INFORMATION TECHNOLOGY — (25.6%) |
| \* | Adobe, Inc. | 148349 | 55627908 |
|  | Apple, Inc. | 1511070 | 321102375 |
|  | Applied Materials, Inc. | 468 | 70532 |
| \* | AppLovin Corp., <br> Class A<br>| 90952 | 24494283 |
| \* | Autodesk, Inc. | 102302 | 28056324 |
|  | CDW Corp. | 103656 | 16643007 |
| #\* | Fortinet, Inc. | 86657 | 8991530 |
| \* | Gartner, Inc. | 58258 | 24531279 |
|  | Gen Digital, Inc. | 145809 | 3772079 |
| \* | GoDaddy, Inc., <br> Class A<br>| 52045 | 9801635 |
|  | International Business <br> Machines Corp.<br>| 456661 | 110429763 |
|  | Jabil, Inc. | 42425 | 6217808 |
|  | KLA Corp. | 51300 | 36047997 |
|  | Lam Research Corp. | 475728 | 34095426 |

---

------

**U.S. High Relative Profitability Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
|  | Microchip Technology, <br> Inc.<br>| 18531 | $853908 |
|  | Microsoft Corp. | 489592 | 193516134 |
|  | Motorola Solutions, <br> Inc.<br>| 56357 | 24819059 |
|  | NetApp, Inc. | 146863 | 13180954 |
|  | NVIDIA Corp. | 2480480 | 270173882 |
|  | NXP Semiconductors <br> NV<br>| 50921 | 9385250 |
|  | Oracle Corp. | 609828 | 85814996 |
|  | Texas Instruments, <br> Inc.<br>| 10880 | 1741344 |
| TOTAL INFORMATION <br> TECHNOLOGY | TOTAL INFORMATION <br> TECHNOLOGY |  | 1279367473 |
| MATERIALS — (0.8%) | MATERIALS — (0.8%) | MATERIALS — (0.8%) | MATERIALS — (0.8%) |
|  | Avery Dennison Corp. | 23150 | 3961196 |
|  | LyondellBasell <br> Industries NV, <br> Class A<br>| 1029 | 59898 |
|  | Sherwin-Williams Co. | 90489 | 31935378 |
| # | Southern Copper <br> Corp.<br>| 21957 | 1965591 |
| TOTAL MATERIALS | TOTAL MATERIALS |  | 37922063 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value†** |
| UTILITIES — (1.0%) | UTILITIES — (1.0%) | UTILITIES — (1.0%) |
| NRG Energy, Inc. | 113391 | $12425386 |
| Vistra Corp. | 273512 | 35455360 |
| TOTAL UTILITIES |  | 47880746 |
| TOTAL COMMON <br> STOCKS <br>Cost ($3316021423) |  | 4894090880 |

---

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

---

| | | | |
|:---|:---|:---|:---|
| TEMPORARY CASH INVESTMENTS — (1.0%) | TEMPORARY CASH INVESTMENTS — (1.0%) | TEMPORARY CASH INVESTMENTS — (1.0%) | TEMPORARY CASH INVESTMENTS — (1.0%) |
| Ɏ | State Street <br> Institutional <br> U.S. Government <br> Money Market Fund <br> 4.290%<br>| 48552540 | 48552540 |
| SECURITIES LENDING COLLATERAL — (0.9%) | SECURITIES LENDING COLLATERAL — (0.9%) | SECURITIES LENDING COLLATERAL — (0.9%) | SECURITIES LENDING COLLATERAL — (0.9%) |
| @§ | The DFA Short Term <br> Investment Fund <br>| 3950622 | 45688943 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $3,410,262,906) | (Cost $3,410,262,906) |  | $4988332363 |

---

As of April 30, 2025, U.S. High Relative Profitability Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 125 | 06/20/25 | &nbsp;&nbsp; $31851749 | &nbsp;&nbsp; $34918750 | &nbsp;&nbsp; $3067001 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$31851749** | &nbsp;&nbsp; **$34918750** | &nbsp;&nbsp; **$3067001** |

---

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Communication Services | &nbsp;&nbsp; $87422919 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $87422919 |
| Consumer Discretionary | &nbsp;&nbsp; 525245651 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 525245651 |
| Consumer Staples | &nbsp;&nbsp; 549003507 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 549003507 |
| Energy | &nbsp;&nbsp; 187903880 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 187903880 |
| Financials | &nbsp;&nbsp; 621506705 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 621506705 |
| Health Care | &nbsp;&nbsp; 762996531 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 762996531 |
| Industrials | &nbsp;&nbsp; 794841405 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 794841405 |
| Information Technology | &nbsp;&nbsp; 1279367473 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1279367473 |

---

------

**U.S. High Relative Profitability Portfolio**

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Materials | &nbsp;&nbsp; $37922063 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $37922063 |
| Utilities | &nbsp;&nbsp; 47880746 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 47880746 |
| Temporary Cash Investments | &nbsp;&nbsp; 48552540 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 48552540 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; $45688943 | &nbsp;&nbsp; — | &nbsp;&nbsp; 45688943 |
| Total Investments in Securities | &nbsp;&nbsp; $4942643420 | &nbsp;&nbsp; $45688943 | &nbsp;&nbsp; — | &nbsp;&nbsp; $4988332363 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; 3067001 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 3067001 |
| Total Financial Instruments | &nbsp;&nbsp; $3067001 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $3067001 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

See accompanying Notes to Financial Statements.

------

**DFA Real Estate Securities Portfolio**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)**

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMON STOCKS — (96.2%) | COMMON STOCKS — (96.2%) | COMMON STOCKS — (96.2%) | COMMON STOCKS — (96.2%) |
| REAL ESTATE — (96.2%) | REAL ESTATE — (96.2%) | REAL ESTATE — (96.2%) | REAL ESTATE — (96.2%) |
|  | Acadia Realty Trust | 654830 | $12507253 |
| # | Agree Realty Corp. | 604640 | 46926110 |
|  | Alexander & Baldwin, <br> Inc.<br>| 130327 | 2239018 |
|  | Alexander's, Inc. | 11633 | 2401051 |
|  | Alexandria Real Estate <br> Equities, Inc.<br>| 827216 | 60105515 |
|  | Alpine Income Property <br> Trust, Inc.<br>| 34171 | 527942 |
|  | American Assets Trust, <br> Inc.<br>| 264170 | 4947904 |
|  | American Homes 4 <br> Rent, Class A<br>| 1826936 | 68309137 |
|  | American Tower Corp. | 2573649 | 580126221 |
|  | Americold Realty Trust, <br> Inc.<br>| 1482545 | 28672420 |
|  | Apartment Investment <br> & Management Co., <br> Class A<br>| 729410 | 5769633 |
| # | Apple Hospitality REIT, <br> Inc.<br>| 1246782 | 14674624 |
|  | AvalonBay <br> Communities, Inc.<br>| 762075 | 160020508 |
|  | Bluerock Homes Trust, <br> Inc.<br>| 21940 | 223349 |
|  | Braemar Hotels & <br> Resorts, Inc.<br>| 260857 | 487803 |
| # | Brandywine Realty <br> Trust<br>| 943637 | 3736803 |
|  | Brixmor Property <br> Group, Inc.<br>| 1663303 | 41432878 |
| # | Broadstone Net Lease, <br> Inc.<br>| 1038989 | 16810842 |
|  | BRT Apartments Corp. | 59313 | 917572 |
|  | BXP, Inc. | 768546 | 48979437 |
| # | Camden Property <br> Trust<br>| 597940 | 68045572 |
|  | CareTrust REIT, Inc. | 1031354 | 30187732 |
|  | CBL & Associates <br> Properties, Inc.<br>| 57694 | 1354078 |
| # | Centerspace | 90038 | 5434694 |
|  | Chatham Lodging <br> Trust<br>| 216430 | 1486874 |
|  | City Office REIT, Inc. | 191254 | 971570 |
| # | Clipper Realty, Inc. | 76438 | 275177 |
|  | Community Healthcare <br> Trust, Inc.<br>| 144411 | 2466540 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) |
| # | COPT Defense <br> Properties<br>| 573504 | $14974189 |
| # | Cousins Properties, <br> Inc.<br>| 921383 | 25374888 |
|  | Crown Castle, Inc. | 2373205 | 250990161 |
|  | CTO Realty Growth, <br> Inc.<br>| 156836 | 2865394 |
|  | CubeSmart | 1257986 | 51162291 |
|  | Curbline Properties <br> Corp.<br>| 520385 | 11911613 |
|  | DiamondRock <br> Hospitality Co.<br>| 1139811 | 8366213 |
|  | Digital Realty Trust, <br> Inc.<br>| 1843561 | 295965283 |
| # | Diversified Healthcare <br> Trust<br>| 601796 | 1360059 |
| # | Douglas Emmett, Inc. | 855144 | 11826641 |
| # | Easterly Government <br> Properties, Inc.<br>| 203892 | 4112502 |
|  | EastGroup Properties, <br> Inc.<br>| 288568 | 47157783 |
|  | Elme Communities | 484286 | 7540333 |
|  | Empire State Realty <br> Trust, Inc., Class A<br>| 771077 | 5490068 |
| # | EPR Properties | 417807 | 20677268 |
|  | Equinix, Inc. | 522843 | 450037112 |
|  | Equity LifeStyle <br> Properties, Inc.<br>| 997961 | 64647914 |
|  | Equity Residential | 1898338 | 133377228 |
| # | Essential Properties <br> Realty Trust, Inc.<br>| 1085491 | 34920245 |
|  | Essex Property Trust, <br> Inc.<br>| 352218 | 98321655 |
|  | Extra Space Storage, <br> Inc.<br>| 1162050 | 170263566 |
|  | Federal Realty <br> Investment Trust<br>| 415311 | 39047540 |
|  | First Industrial Realty <br> Trust, Inc.<br>| 714026 | 33973357 |
|  | Four Corners Property <br> Trust, Inc.<br>| 545969 | 15259834 |
|  | Franklin Street <br> Properties Corp.<br>| 187069 | 295569 |
|  | Gaming & Leisure <br> Properties, Inc.<br>| 1525479 | 73009425 |
| # | Getty Realty Corp. | 273153 | 7645552 |
|  | Gladstone Commercial <br> Corp.<br>| 245996 | 3475923 |

---

------

**DFA Real Estate Securities Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) |
|  | Global Medical REIT, <br> Inc.<br>| 323686 | $2505330 |
| # | Global Net Lease, Inc. | 940040 | 7097302 |
|  | Global Self Storage, <br> Inc.<br>| 43975 | 229549 |
| # | Healthcare Realty <br> Trust, Inc.<br>| 1693737 | 26303736 |
|  | Healthpeak Properties, <br> Inc.<br>| 3677703 | 65610221 |
|  | Highwoods Properties, <br> Inc.<br>| 590162 | 16784207 |
| # | Host Hotels & Resorts, <br> Inc.<br>| 3780955 | 53387085 |
|  | Hudson Pacific <br> Properties, Inc.<br>| 731048 | 1498648 |
| # | Independence Realty <br> Trust, Inc.<br>| 1268216 | 24641437 |
|  | Industrial Logistics <br> Properties Trust<br>| 278519 | 729720 |
| # | Innovative Industrial <br> Properties, Inc.<br>| 136876 | 7433736 |
| # | InvenTrust Properties <br> Corp.<br>| 422524 | 11771519 |
|  | Invitation Homes, Inc. | 3399547 | 116230512 |
|  | Iron Mountain, Inc. | 1627545 | 145941960 |
| # | JBG SMITH <br> Properties<br>| 424618 | 5936160 |
| # | Kilroy Realty Corp. | 614446 | 19361193 |
|  | Kimco Realty Corp. | 3610712 | 72142026 |
|  | Kite Realty Group <br> Trust<br>| 1116272 | 24167289 |
| # | Lamar Advertising Co., <br> Class A<br>| 485023 | 55200468 |
|  | LTC Properties, Inc. | 229951 | 8248342 |
|  | LXP Industrial Trust | 1614548 | 12738784 |
|  | Macerich Co. | 1383619 | 20283855 |
| # | Medical Properties <br> Trust, Inc.<br>| 2625157 | 14490867 |
|  | Mid-America Apartment <br> Communities, Inc.<br>| 642464 | 102569378 |
|  | Modiv Industrial, Inc. | 11509 | 188517 |
|  | National Health <br> Investors, Inc.<br>| 248115 | 18774862 |
|  | National Storage <br> Affiliates Trust<br>| 396494 | 14749577 |
| #\* | NET Lease Office <br> Properties<br>| 84119 | 2542917 |
| # | NETSTREIT Corp. | 446026 | 7256843 |
|  | NexPoint Residential <br> Trust, Inc.<br>| 126391 | 4711856 |
|  | NNN REIT, Inc. | 1018735 | 41880196 |
|  | Office Properties <br> Income Trust<br>| 134164 | 55007 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) |
|  | Omega Healthcare <br> Investors, Inc.<br>| 1573497 | $61445058 |
|  | One Liberty Properties, <br> Inc.<br>| 95825 | 2338130 |
|  | Orion Properties, Inc. | 201183 | 368165 |
| # | Outfront Media, Inc. | 777965 | 11770610 |
|  | Paramount Group, Inc. | 956711 | 4104290 |
| # | Park Hotels & Resorts, <br> Inc.<br>| 1102669 | 10960530 |
|  | Peakstone Realty <br> Trust<br>| 11826 | 136117 |
|  | Pebblebrook Hotel <br> Trust<br>| 648289 | 5867015 |
|  | Phillips Edison & Co., <br> Inc.<br>| 629521 | 21844379 |
|  | Piedmont Office Realty <br> Trust, Inc., Class A<br>| 676622 | 3998836 |
|  | Plymouth Industrial <br> REIT, Inc.<br>| 203682 | 3028751 |
|  | Postal Realty Trust, <br> Inc., Class A<br>| 73804 | 977165 |
|  | Prologis, Inc. | 4908197 | 501617733 |
|  | Public Storage | 866192 | 260230063 |
|  | Realty Income Corp. | 4900998 | 283571744 |
|  | Regency Centers <br> Corp.<br>| 957643 | 69122672 |
|  | Rexford Industrial <br> Realty, Inc.<br>| 1300776 | 43055686 |
|  | RLJ Lodging Trust | 730770 | 5122698 |
| # | Ryman Hospitality <br> Properties, Inc.<br>| 315000 | 27704250 |
| # | Sabra Health Care <br> REIT, Inc.<br>| 1303357 | 23264922 |
|  | Saul Centers, Inc. | 74829 | 2446908 |
|  | SBA Communications <br> Corp.<br>| 580351 | 141257433 |
|  | Service Properties <br> Trust<br>| 777703 | 1399865 |
|  | Sila Realty Trust, Inc. | 129710 | 3341330 |
|  | Simon Property Group, <br> Inc.<br>| 1743751 | 274431532 |
|  | SITE Centers Corp. | 257270 | 3046077 |
| # | SL Green Realty Corp. | 379836 | 19983172 |
| # | Spirit MTA REIT <br> Escrow<br>| 0 | 0 |
|  | STAG Industrial, Inc. | 1021853 | 33751805 |
|  | Summit Hotel <br> Properties, Inc.<br>| 588685 | 2395948 |
|  | Sun Communities, Inc. | 701212 | 87251809 |
|  | Sunstone Hotel <br> Investors, Inc.<br>| 840041 | 7005942 |
|  | Tanger, Inc. | 598631 | 18862863 |
| # | Terreno Realty Corp. | 564645 | 31806453 |
|  | UDR, Inc. | 1737653 | 72772908 |

---

------

**DFA Real Estate Securities Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) |
|  | UMH Properties, Inc. | 428307 | $7568185 |
|  | Uniti Group, Inc. | 1332186 | 6554355 |
|  | Universal Health <br> Realty Income Trust<br>| 73588 | 2811797 |
| # | Urban Edge <br> Properties<br>| 656781 | 11868033 |
|  | Ventas, Inc. | 2405505 | 168577790 |
|  | Veris Residential, Inc. | 439681 | 6823849 |
|  | VICI Properties, Inc. | 5508215 | 176373044 |
|  | Vornado Realty Trust | 872591 | 30785010 |
|  | Welltower, Inc. | 2183260 | 333143643 |
|  | Whitestone REIT | 235689 | 3073385 |
| # | WP Carey, Inc. | 1202733 | 75098648 |
| # | Xenia Hotels & <br> Resorts, Inc.<br>| 555031 | 5927731 |
| TOTAL REAL ESTATE | TOTAL REAL ESTATE |  | 6868439291 |
| TOTAL COMMON <br> STOCKS <br>Cost ($4096103984) | TOTAL COMMON <br> STOCKS <br>Cost ($4096103984) |  | 6868439291 |

---

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| TEMPORARY CASH INVESTMENTS — (0.9%) | TEMPORARY CASH INVESTMENTS — (0.9%) | TEMPORARY CASH INVESTMENTS — (0.9%) | TEMPORARY CASH INVESTMENTS — (0.9%) |
| Ɏ | State Street <br> Institutional <br> U.S. Government <br> Money Market Fund <br> 4.290%<br>| 61710503 | $61710503 |
| SECURITIES LENDING COLLATERAL — (2.9%) | SECURITIES LENDING COLLATERAL — (2.9%) | SECURITIES LENDING COLLATERAL — (2.9%) | SECURITIES LENDING COLLATERAL — (2.9%) |
| @§ | The DFA Short Term <br> Investment Fund <br>| 18059872 | 208862423 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $4,366,699,381) | (Cost $4,366,699,381) |  | $7139012217 |

---

As of April 30, 2025, DFA Real Estate Securities Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 197 | 06/20/25 | &nbsp;&nbsp; $55473025 | &nbsp;&nbsp; $55031950 | &nbsp;&nbsp; $(441075)<br>|
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$55473025** | &nbsp;&nbsp; **$55031950** | &nbsp;&nbsp; **$(441075)**<br>|

---

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Real Estate | &nbsp;&nbsp; $6868439291 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $6868439291 |
| Temporary Cash Investments | &nbsp;&nbsp; 61710503 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 61710503 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; $208862423 | &nbsp;&nbsp; — | &nbsp;&nbsp; 208862423 |
| Total Investments in Securities | &nbsp;&nbsp; $6930149794 | &nbsp;&nbsp; $208862423 | &nbsp;&nbsp; — | &nbsp;&nbsp; $7139012217 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Liabilities** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; (441075) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (441075) |
| Total Financial Instruments | &nbsp;&nbsp; $(441075) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $(441075) |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF ASSETS AND LIABILITIES**

**April 30, 2025**

**(Unaudited)**

**(Amounts in thousands, except share and per share amounts)**

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Enhanced U.S.**<br> **Large**<br> **Company**<br> **Portfolio\***<br>| **U.S. Large Cap**<br> **Equity**<br> **Portfolio\***<br>| **U.S. Large Cap**<br> **Value Portfolio**<br>| **U.S. Targeted**<br> **Value Portfolio\***<br>|
| **ASSETS:** |  |  |  |  |
| Investments in Affiliated Investment Companies at Value |  |  | $22568218 |  |
| Investment Securities at Value (including $297, $33,212, $0 and $759,992 of <br> securities on loan, respectively)<br>| $210154 | $2008037 |  | $11609128 |
| Temporary Cash Investments at Value & Cost |  | 7962 |  | 125279 |
| Collateral from Securities on Loan Invested in Affiliate at Value (including cost of <br> $305, $33,954, $0 and $754,336, respectively)<br>| 305 | 33954 |  | 754265 |
| Segregated Cash for Futures Contracts |  |  |  | 10007 |
| Foreign Currencies at Value | 117 |  |  |  |
| Cash  | 3029 |  |  | 4391 |
| Receivables: |  |  |  |  |
| Investment Securities Sold |  |  |  | 4352 |
| Dividends and Interest | 1424 | 1184 |  | 5896 |
| Securities Lending Income | 1 | 2 |  | 80 |
| Fund Shares Sold | 6 | 986 | 14073 | 7111 |
| Futures Margin Variation | 124 |  |  | 98 |
| Unrealized Gain on Forward Currency Contracts | 730 |  |  |  |
| Unrealized Gain on Foreign Currency Contracts | 21 |  |  |  |
| Prepaid Expenses and Other Assets  | 13 | 14 | 60 | 60 |
| Total Assets | 215924 | 2052139 | 22582351 | 12520667 |
| **LIABILITIES:** |  |  |  |  |
| Payables: |  |  |  |  |
| Upon Return of Securities Loaned | 304 | 33956 |  | 754327 |
| Investment Securities Purchased | 4369 | 1802 |  | 13380 |
| Fund Shares Redeemed | 92 | 3004 | 16198 | 4991 |
| Due to Advisor | 15 | 159 | 1647 | 2407 |
| Unrealized Loss on Forward Currency Contracts | 1097 |  |  |  |
| Accrued Expenses and Other Liabilities | 45 | 71 | 821 | 459 |
| Total Liabilities | 5922 | 38992 | 18666 | 775564 |
| **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |  |  |  |
| **NET ASSETS** | $210002 | $2013147 | $22563685 | $11745103 |
| **NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:**  |  |  |  |  |
| Institutional Class Shares — based on shares outstanding of 14,953,087, <br> 65,832,906, 471,982,276 and 387,621,837, respectively, $0.01 Par Value (1)<br>| **$14.04** | **$30.58** | **$47.81** | **$30.30** |
| (1) NUMBER OF SHARES AUTHORIZED | 1000000000 | 1000000000 | 4000000000 | 1500000000 |
| Investment Securities at Cost | $209786 | $1095181 | N/A | $10025581 |
| Foreign Currencies at Cost | $115 | $— | $— | $— |
| **NET ASSETS CONSIST OF:** |  |  |  |  |
| Paid-In Capital | $219265 | $1015964 | $14814063 | $9278255 |
| Total Distributable Earnings (Loss) | (9263)<br>| 997183 | 7749622 | 2466848 |
| **NET ASSETS** | $210002 | $2013147 | $22563685 | $11745103 |

---

------

\*

See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF ASSETS AND LIABILITIES**

**April 30, 2025**

**(Unaudited)**

**(Amounts in thousands, except share and per share amounts)**

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **U.S. Small Cap**<br> **Value Portfolio\***<br>| **U.S. Core**<br> **Equity 1**<br> **Portfolio\***<br>| **U.S. Core**<br> **Equity 2**<br> **Portfolio\***<br>| **U.S. Vector**<br> **Equity**<br> **Portfolio\***<br>|
| **ASSETS:** |  |  |  |  |
| Investment Securities at Value (including $832,152, <br> $1,345,345, $1,755,175 and $73,681 of securities on <br> loan, respectively)<br>| $13805461 | $32281178 | $30316881 | $4284979 |
| Temporary Cash Investments at Value & Cost | 125073 | 289052 | 257971 | 23931 |
| Collateral from Securities on Loan Invested in Affiliate at <br> Value (including cost of $713,136, $1,334,233, <br> $1,126,692 and $75,295, respectively)<br>| 713078 | 1334115 | 1126619 | 75288 |
| Segregated Cash for Futures Contracts | 9964 | 20584 | 20431 | 2693 |
| Cash  | 5523 | 16603 | 20937 | 5155 |
| Receivables: |  |  |  |  |
| Investment Securities Sold | 4920 | 10671 | 10575 | 13955 |
| Dividends and Interest | 5179 | 19579 | 17774 | 2806 |
| Securities Lending Income | 77 | 109 | 139 | 12 |
| Fund Shares Sold | 8074 | 6339 | 27781 | 1296 |
| Futures Margin Variation | 98 | 202 | 200 | 26 |
| Prepaid Expenses and Other Assets  | 59 | 145 | 161 | 30 |
| Total Assets | 14677506 | 33978577 | 31799469 | 4410171 |
| **LIABILITIES:** |  |  |  |  |
| Payables: |  |  |  |  |
| Upon Return of Securities Loaned | 713207 | 1334264 | 1126778 | 75429 |
| Investment Securities Purchased |  | 367 |  |  |
| Fund Shares Redeemed | 11584 | 22922 | 11764 | 2403 |
| Due to Advisor | 3145 | 3115 | 3631 | 698 |
| Accrued Expenses and Other Liabilities | 578 | 875 | 877 | 272 |
| Total Liabilities | 728514 | 1361543 | 1143050 | 78802 |
| **COMMITMENTS AND CONTINGENT LIABILITIES** <br> **(NOTE C)**<br>|  |  |  |  |
| **NET ASSETS** | $13948992 | $32617034 | $30656419 | $4331369 |
| **NET ASSET VALUE, OFFERING AND REDEMPTION** <br> **PRICE PER SHARE:** <br>|  |  |  |  |
| Institutional Class Shares — based on shares outstanding <br> of 332,126,137, 801,699,032, 848,100,412 and <br> 171,382,954, respectively, $0.01 Par Value (1)<br>| **$42.00** | **$40.68** | **$36.15** | **$25.27** |
| (1) NUMBER OF SHARES AUTHORIZED | 3400000000 | 3000000000 | 4600000000 | 2000000000 |
| Investment Securities at Cost | $12449094 | $10773658 | $11756634 | $3025733 |
| **NET ASSETS CONSIST OF:** |  |  |  |  |
| Paid-In Capital | $11656470 | $10610049 | $11353444 | $2667556 |
| Total Distributable Earnings (Loss) | 2292522 | 22006985 | 19302975 | 1663813 |
| **NET ASSETS** | $13948992 | $32617034 | $30656419 | $4331369 |

---

------

\*

See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF ASSETS AND LIABILITIES**

**April 30, 2025**

**(Unaudited)**

**(Amounts in thousands, except share and per share amounts)**

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **U.S. Small Cap**<br> **Portfolio\***<br>| **U.S. Micro Cap**<br> **Portfolio\***<br>| **U.S. High**<br> **Relative**<br> **Profitability**<br> **Portfolio\***<br>| **DFA Real**<br> **Estate**<br> **Securities**<br> **Portfolio\***<br>|
| **ASSETS:** |  |  |  |  |
| Investment Securities at Value (including $1,316,951, <br> $490,074, $44,763 and $204,564 of securities on loan, <br> respectively)<br>| $14500483 | $5936961 | $4894091 | $6868439 |
| Temporary Cash Investments at Value & Cost | 152660 | 39522 | 48553 | 61711 |
| Collateral from Securities on Loan Invested in Affiliate at <br> Value (including cost of $1,297,843, $501,887, $45,689 <br> and $208,885, respectively)<br>| 1297688 | 501825 | 45689 | 208862 |
| Segregated Cash for Futures Contracts | 9460 | 3350 | 2737 | 4314 |
| Cash  | 47900 | 1237 |  |  |
| Receivables: |  |  |  |  |
| Investment Securities Sold | 3992 | 13968 | 5190 | 1691 |
| Dividends and Interest | 4563 | 2082 | 4567 | 1878 |
| Securities Lending Income | 156 | 85 | 1 | 20 |
| Fund Shares Sold | 10016 | 3911 | 1417 | 3052 |
| Futures Margin Variation | 2927 | 33 | 26 | 42 |
| Prepaid Expenses and Other Assets  | 83 | 41 | 45 | 37 |
| Total Assets | 16029928 | 6503015 | 5002316 | 7150046 |
| **LIABILITIES:** |  |  |  |  |
| Payables: |  |  |  |  |
| Upon Return of Securities Loaned | 1298597 | 502088 | 45684 | 208903 |
| Investment Securities Purchased | 7597 |  | 3363 |  |
| Fund Shares Redeemed | 58909 | 17156 | 7116 | 5471 |
| Due to Advisor | 2861 | 1836 | 716 | 780 |
| Accrued Expenses and Other Liabilities | 608 | 172 | 143 | 223 |
| Total Liabilities | 1368572 | 521252 | 57022 | 215377 |
| **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE** <br> **C)**<br>|  |  |  |  |
| **NET ASSETS** | $14661356 | $5981763 | $4945294 | $6934669 |
| **NET ASSET VALUE, OFFERING AND REDEMPTION** <br> **PRICE PER SHARE:** <br>|  |  |  |  |
| Institutional Class Shares — based on shares outstanding <br> of 335,316,643, 235,221,237, 210,336,635 and <br> 171,921,676, respectively, $0.01 Par Value (1)<br>| **$43.72** | **$25.43** | **$23.51** | **$40.34** |
| (1) NUMBER OF SHARES AUTHORIZED | 2000000000 | 3000000000 | 500000000 | 1700000000 |
| Investment Securities at Cost | $10418541 | $4151847 | $3316021 | $4096104 |
| **NET ASSETS CONSIST OF:** |  |  |  |  |
| Paid-In Capital | $9720121 | $3186017 | $3195238 | $4042022 |
| Total Distributable Earnings (Loss) | 4941235 | 2795746 | 1750056 | 2892647 |
| **NET ASSETS** | $14661356 | $5981763 | $4945294 | $6934669 |

---

------

\*

See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF OPERATIONS**

**FOR THE SIX MONTHS ENDED April 30, 2025**

**(Unaudited)**

**(Amounts in thousands)**

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Enhanced U.S.**<br> **Large**<br> **Company**<br> **Portfolio**<br>| **U.S. Large Cap**<br> **Equity**<br> **Portfolio**<br>| **U.S. Large Cap**<br> **Value Portfolio\***<br>| **U.S. Targeted**<br> **Value Portfolio**<br>|
| **Investment Income** |  |  |  |  |
| Net Investment Income Allocated from Affiliated Investment Companies |  |  |  |  |
| Dividends (Net of Foreign Taxes Withheld of $0, $0, $2 and $0, respectively) |  |  | $282368 |  |
| Interest |  |  | 2147 |  |
| Income from Securities Lending, Net |  |  | 181 |  |
| Expenses Allocated from Affiliated Investment Companies |  |  | (12805)<br>|  |
| Total Net Investment Income Allocated from Affiliated Investment Companies |  |  | 271891 |  |
| **Fund Investment Income** |  |  |  |  |
| Dividends (Net of Foreign Taxes Withheld of $0, $5, $0 and $259, respectively) |  | $13264 |  | $119472 |
| Dividend Income from Affiliates | $36 | 311 |  | 15809 |
| Interest | 5172 |  |  |  |
| Income from Securities Lending, Net | 1 | 8 |  | 573 |
| Total Fund Investment Income | 5209 | 13583 |  | 135854 |
| **Fund Expenses** |  |  |  |  |
| Investment Management Fees | 137 | 988 | 22789 | 17714 |
| Accounting & Transfer Agent Fees | 24 | 167 | 1729 | 709 |
| S&P 500<sup>®</sup> Fees | 17 |  |  |  |
| Custodian Fees | 3 | 16 |  | 98 |
| Filing Fees | 10 | 11 | 56 | 49 |
| Shareholders' Reports | 10 | 16 | 139 | 153 |
| Directors'/Trustees' Fees & Expenses | 1 | 5 | 74 | 40 |
| Professional Fees | 2 | 10 | 51 | 73 |
| Previously Waived Fees Recovered by Advisor (Note C) |  |  |  | 5 |
| Other | 5 | 86 | 813 | 727 |
| Total Fund Expenses | 209 | 1299 | 25651 | 19568 |
| Fees Waived, Expenses Reimbursed by Advisor (Note C) | 38 |  | 11998 | 542 |
| Net Expenses | 171 | 1299 | 13653 | 19026 |
| **Net Investment Income (Loss)** | 5038 | 12284 | 258238 | 116828 |
| **Realized and Unrealized Gain (Loss)** |  |  |  |  |
| Net Realized Gain (Loss) on: |  |  |  |  |
| Investment Securities Sold | (747)<br>| (15677)<br>|  | 50890 |
| Affiliated Investment Companies Shares Sold |  | (2)<br>|  | 40 |
| Transactions Allocated from Affiliated Investment Company |  |  | (134411)<br>|  |
| Futures | 18519 | (1021)<br>|  | (14726)<br>|
| Foreign Currency Transactions | (86)<br>|  |  |  |
| Forward Currency Contracts | 1240 |  |  |  |
| In-Kind Redemptions |  | 101224 | 1202185 | 1032681 |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| Investment Securities and Foreign Currency | 597 | (169428)<br>|  | (2384802)<br>|
| Affiliated Investment Companies Shares |  |  |  | (75)<br>|
| Transactions Allocated from Affiliated Investment Company |  |  | (2291848)<br>|  |
| Futures | (30347)<br>|  |  | 11976 |
| Translation of Foreign Currency-Denominated Amounts | 31 |  |  |  |
| Forward Currency Contracts. | (868)<br>|  |  |  |
| **Net Realized and Unrealized Gain (Loss)** | (11661)<br>| (84904)<br>| (1224074)<br>| (1304016)<br>|
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | $(6623)<br>| $(72620)<br>| $(965836)<br>| $(1187188)<br>|

---

------

\*

Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF OPERATIONS**

**FOR THE SIX MONTHS ENDED April 30, 2025**

**(Unaudited)**

**(Amounts in thousands)**

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **U.S. Small Cap**<br> **Value Portfolio**<br>| **U.S. Core**<br> **Equity 1**<br> **Portfolio**<br>| **U.S. Core**<br> **Equity 2**<br> **Portfolio**<br>| **U.S. Vector**<br> **Equity**<br> **Portfolio**<br>|
| **Investment Income** |  |  |  |  |
| Dividends (Net of Foreign Taxes Withheld of $206, $103, $133 and <br> $35, respectively)<br>| $139927 | $234206 | $227308 | $37636 |
| Dividend Income from Affiliates | 19033 | 20229 | 18203 | 2122 |
| Income from Securities Lending, Net | 535 | 551 | 732 | 105 |
| Total Investment Income | 159495 | 254986 | 246243 | 39863 |
| **Expenses** |  |  |  |  |
| Investment Management Fees | 22251 | 20923 | 26372 | 5595 |
| Accounting & Transfer Agent Fees | 1335 | 3103 | 2691 | 457 |
| Custodian Fees | 131 | 181 | 184 | 53 |
| Filing Fees | 68 | 109 | 84 | 26 |
| Shareholders' Reports | 138 | 129 | 129 | 41 |
| Directors'/Trustees' Fees & Expenses | 48 | 102 | 100 | 15 |
| Professional Fees | 88 | 191 | 185 | 27 |
| Other | 561 | 1506 | 1522 | 255 |
| Total Expenses | 24620 | 26244 | 31267 | 6469 |
| Fees Waived, Expenses Reimbursed by Advisor (Note C) |  |  | 1598 |  |
| Net Expenses | 24620 | 26244 | 29669 | 6469 |
| **Net Investment Income (Loss)** | 134875 | 228742 | 216574 | 33394 |
| **Realized and Unrealized Gain (Loss)** |  |  |  |  |
| Net Realized Gain (Loss) on: |  |  |  |  |
| Investment Securities Sold | (24799)<br>| (18390)<br>| (30600)<br>| (7493)<br>|
| Affiliated Investment Companies Shares Sold | 36 | 11 | (20)<br>| 2 |
| Futures | (10441)<br>| (8411)<br>| (17063)<br>| (1105)<br>|
| In-Kind Redemptions | 937363 | 691402 | 735640 | 460667 |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| Investment Securities and Foreign Currency | (2853049)<br>| (2063641)<br>| (2198937)<br>| (739826)<br>|
| Affiliated Investment Companies Shares | (70)<br>| (133)<br>| (98)<br>| (8)<br>|
| Futures | 17148 | (4481)<br>| 6901 | 577 |
| **Net Realized and Unrealized Gain (Loss)** | (1933812)<br>| (1403643)<br>| (1504177)<br>| (287186)<br>|
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | $(1798937)<br>| $(1174901)<br>| $(1287603)<br>| $(253792)<br>|

---

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF OPERATIONS**

**FOR THE SIX MONTHS ENDED April 30, 2025**

**(Unaudited)**

**(Amounts in thousands)**

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **U.S. Small Cap**<br> **Portfolio**<br>| **U.S. Micro Cap**<br> **Portfolio**<br>| **U.S. High**<br> **Relative**<br> **Profitability**<br> **Portfolio**<br>| **DFA Real**<br> **Estate**<br> **Securities**<br> **Portfolio**<br>|
| **Investment Income** |  |  |  |  |
| Dividends (Net of Foreign Taxes Withheld of $192, $116, $31 and <br> $0, respectively)<br>| $91044 | $43274 | $37696 | $125062 |
| Dividend Income from Affiliates | 27065 | 9718 | 711 | 2610 |
| Income from Securities Lending, Net | 897 | 505 | 14 | 148 |
| Total Investment Income | 119006 | 53497 | 38421 | 127820 |
| **Fund Expenses** |  |  |  |  |
| Investment Management Fees | 20097 | 13406 | 4967 | 6015 |
| Accounting & Transfer Agent Fees | 1021 | 609 | 518 | 595 |
| Custodian Fees | 106 | 51 | 27 | 38 |
| Filing Fees | 68 | 38 | 35 | 30 |
| Shareholders' Reports | 165 | 58 | 55 | 102 |
| Directors'/Trustees' Fees & Expenses | 48 | 22 | 16 | 23 |
| Professional Fees | 88 | 40 | 29 | 41 |
| Other | 776 | 490 | 143 | 264 |
| Total Fund Expenses | 22369 | 14714 | 5790 | 7108 |
| Fees Waived, Expenses Reimbursed by Advisor (Note C) | 663 |  | 54 | 739 |
| Net Expenses | 21706 | 14714 | 5736 | 6369 |
| **Net Investment Income (Loss)** | 97300 | 38783 | 32685 | 121451 |
| **Realized and Unrealized Gain (Loss)** |  |  |  |  |
| Net Realized Gain (Loss) on: |  |  |  |  |
| Investment Securities Sold | 63597 | (8029)<br>| (42834)<br>| (2508)<br>|
| Affiliated Investment Companies Shares Sold | 55 | 20 | (4)<br>| (8)<br>|
| Futures | (17307)<br>| (6919)<br>| (3446)<br>| (1017)<br>|
| In-Kind Redemptions | 853948 | 1032049 | 241064 | 137287 |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| Investment Securities and Foreign Currency | (2370547)<br>| (1697555)<br>| (354895)<br>| (542284)<br>|
| Affiliated Investment Companies Shares | (175)<br>| (70)<br>|  | (24)<br>|
| Futures | 3950 | 2516 | 3077 | (1172)<br>|
| **Net Realized and Unrealized Gain (Loss)** | (1466479)<br>| (677988)<br>| (157038)<br>| (409726)<br>|
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | $(1369179)<br>| $(639205)<br>| $(124353)<br>| $(288275)<br>|

---

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Enhanced U.S. Large**<br> **Company Portfolio** | **Enhanced U.S. Large**<br> **Company Portfolio** | **U.S. Large Cap Equity**<br> **Portfolio** | **U.S. Large Cap Equity**<br> **Portfolio** | **U.S. Large Cap Value**<br> **Portfolio#** | **U.S. Large Cap Value**<br> **Portfolio#** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
|  | **(Unaudited)** |  | **(Unaudited)** |  | **(Unaudited)** |  |
| **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
| Operations: |  |  |  |  |  |  |
| Net Investment Income (Loss) | $5038 | $8844 | &nbsp;&nbsp; $12284 | $24190 | &nbsp;&nbsp; $258238 | $510840 |
| Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| Investment Securities Sold | (747)<br>| (1483)<br>| &nbsp;&nbsp; (15677)<br>| 13344 | &nbsp;&nbsp; — |  |
| Affiliated Investment Companies Shares Sold |  |  | &nbsp;&nbsp; (2)<br>|  | &nbsp;&nbsp; — |  |
| Transactions Allocated from Affiliated Investment Company |  |  | &nbsp;&nbsp; — |  | &nbsp;&nbsp; (134411)<br>| (186494)<br>|
| Futures | 18519 | 33292 | &nbsp;&nbsp; (1021)<br>| 1408 | &nbsp;&nbsp; — |  |
| Foreign Currency Transactions | (86)<br>| (33)<br>| &nbsp;&nbsp; — |  | &nbsp;&nbsp; — |  |
| Forward Currency Contracts | 1240 | (1317)<br>| &nbsp;&nbsp; — |  | &nbsp;&nbsp; — |  |
| In-Kind Redemptions |  |  | &nbsp;&nbsp; 101224 | 238002 | &nbsp;&nbsp; 1202185 | 3600500 |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |  |  |
| Investment Securities and Foreign Currency | 597 | 6242 | &nbsp;&nbsp; (169428)<br>| 284897 | &nbsp;&nbsp; — |  |
| Transactions Allocated from Affiliated Investment Company |  |  | &nbsp;&nbsp; — |  | &nbsp;&nbsp; (2291848)<br>| 2264514 |
| Futures | (30347)<br>| 24910 | &nbsp;&nbsp; — |  | &nbsp;&nbsp; — |  |
| Translation of Foreign Currency-Denominated Amounts | 31 | 2 | &nbsp;&nbsp; — |  | &nbsp;&nbsp; — |  |
| Forward Currency Contracts | (868)<br>| 353 | &nbsp;&nbsp; — |  | &nbsp;&nbsp; — |  |
| Net Increase (Decrease) in Net Assets Resulting from <br> Operations<br>| (6623)<br>| 70810 | &nbsp;&nbsp; (72620)<br>| 561841 | &nbsp;&nbsp; (965836)<br>| 6189360 |
| Distributions: |  |  |  |  |  |  |
| Institutional Class Shares | (5729)<br>| (8395)<br>| &nbsp;&nbsp; (10510)<br>| (82795)<br>| &nbsp;&nbsp; (220007)<br>| (848790)<br>|
| Capital Share Transactions (1): |  |  |  |  |  |  |
| Shares Issued | 33147 | 18298 | &nbsp;&nbsp; 539432 | 483131 | &nbsp;&nbsp; 3762768 | 8505885 |
| Shares Issued in Lieu of Cash Distributions | 5706 | 8361 | &nbsp;&nbsp; 9165 | 72085 | &nbsp;&nbsp; 199015 | 768054 |
| Shares Redeemed | (35010)<br>| (66935)<br>| &nbsp;&nbsp; (321748)<br>| (711775)<br>| &nbsp;&nbsp; (4752849)<br>| (11236111)<br>|
| Net Increase (Decrease) from Capital Share Transactions | 3843 | (40276)<br>| &nbsp;&nbsp; 226849 | (156559)<br>| &nbsp;&nbsp; (791066)<br>| (1962172)<br>|
| Total Increase (Decrease) in Net Assets | (8509)<br>| 22139 | &nbsp;&nbsp; 143719 | 322487 | &nbsp;&nbsp; (1976909)<br>| 3378398 |
| **Net Assets** |  |  |  |  |  |  |
| Beginning of Period | 218511 | 196372 | &nbsp;&nbsp; 1869428 | 1546941 | &nbsp;&nbsp; 24540594 | 21162196 |
| End of Period | $210002 | $218511 | &nbsp;&nbsp; $2013147 | $1869428 | &nbsp;&nbsp; $22563685 | $24540594 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |  |  |
| Shares Issued | 2155 | 1402 | &nbsp;&nbsp; 16528 | 16697 | &nbsp;&nbsp; 74017 | 180496 |
| Shares Issued in Lieu of Cash Distributions | 376 | 632 | &nbsp;&nbsp; 288 | 2701 | &nbsp;&nbsp; 3961 | 16856 |
| Shares Redeemed  | (2382)<br>| (4986)<br>| &nbsp;&nbsp; (10070)<br>| (24695)<br>| &nbsp;&nbsp; (93647)<br>| (237996)<br>|
| Net Increase (Decrease) from Shares Issued and <br> Redeemed<br>| 149 | (2952)<br>| &nbsp;&nbsp; 6746 | (5297)<br>| &nbsp;&nbsp; (15669)<br>| (40644)<br>|

---

------

#

Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **U.S. Targeted Value**<br> **Portfolio** | **U.S. Targeted Value**<br> **Portfolio** | **U.S. Small Cap Value**<br> **Portfolio** | **U.S. Small Cap Value**<br> **Portfolio** | **U.S. Core Equity 1**<br> **Portfolio** | **U.S. Core Equity 1**<br> **Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
|  | **(Unaudited)** |  | **(Unaudited)** |  | **(Unaudited)** |  |
| **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
| Operations: |  |  |  |  |  |  |
| Net Investment Income (Loss) | $116828 | $206602 | &nbsp;&nbsp; $134875 | $253063 | &nbsp;&nbsp; $228742 | $467048 |
| Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| Investment Securities Sold | 50890 | (230363)<br>| &nbsp;&nbsp; (24799)<br>| 291512 | &nbsp;&nbsp; (18390)<br>| (285838)<br>|
| Affiliated Investment Companies Shares Sold | 40 | (142)<br>| &nbsp;&nbsp; 36 | (51)<br>| &nbsp;&nbsp; 11 | (95)<br>|
| Futures | (14726)<br>| 32428 | &nbsp;&nbsp; (10441)<br>| 61566 | &nbsp;&nbsp; (8411)<br>| 67616 |
| In-Kind Redemptions | 1032681 | 1782533 | &nbsp;&nbsp; 937363 | 2286894 | &nbsp;&nbsp; 691402 | 2094277 |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |  |  |
| Investment Securities and Foreign Currency | (2384802)<br>| 1338862 | &nbsp;&nbsp; (2853049)<br>| 959668 | &nbsp;&nbsp; (2063641)<br>| 7630229 |
| Affiliated Investment Companies Shares | (75)<br>| 20 | &nbsp;&nbsp; (70)<br>| 21 | &nbsp;&nbsp; (133)<br>| 15 |
| Futures | 11976 | (1687)<br>| &nbsp;&nbsp; 17148 | (5748)<br>| &nbsp;&nbsp; (4481)<br>| 8645 |
| Net Increase (Decrease) in Net Assets Resulting from <br> Operations<br>| (1187188)<br>| 3128253 | &nbsp;&nbsp; (1798937)<br>| 3846925 | &nbsp;&nbsp; (1174901)<br>| 9981897 |
| Distributions: |  |  |  |  |  |  |
| Institutional Class Shares | (102084)<br>| (302149)<br>| &nbsp;&nbsp; (120608)<br>| (561728)<br>| &nbsp;&nbsp; (195281)<br>| (452135)<br>|
| Capital Share Transactions (1): |  |  |  |  |  |  |
| Shares Issued | 2871934 | 4907475 | &nbsp;&nbsp; 2879288 | 5933924 | &nbsp;&nbsp; 2159074 | 4892387 |
| Shares Issued in Lieu of Cash Distributions | 96641 | 283667 | &nbsp;&nbsp; 109210 | 510216 | &nbsp;&nbsp; 187815 | 434617 |
| Shares Redeemed | (3278578)<br>| (5709983)<br>| &nbsp;&nbsp; (3567800)<br>| (6198096)<br>| &nbsp;&nbsp; (3641214)<br>| (7675550)<br>|
| Net Increase (Decrease) from Capital Share <br> Transactions<br>| (310003)<br>| (518841)<br>| &nbsp;&nbsp; (579302)<br>| 246044 | &nbsp;&nbsp; (1294325)<br>| (2348546)<br>|
| Total Increase (Decrease) in Net Assets | (1599275)<br>| 2307263 | &nbsp;&nbsp; (2498847)<br>| 3531241 | &nbsp;&nbsp; (2664507)<br>| 7181216 |
| **Net Assets** |  |  |  |  |  |  |
| Beginning of Period | 13344378 | 11037115 | &nbsp;&nbsp; 16447839 | 12916598 | &nbsp;&nbsp; 35281541 | 28100325 |
| End of Period | $11745103 | $13344378 | &nbsp;&nbsp; $13948992 | $16447839 | &nbsp;&nbsp; $32617034 | $35281541 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |  |  |
| Shares Issued | 85836 | 152781 | &nbsp;&nbsp; 61375 | 129815 | &nbsp;&nbsp; 50562 | 126562 |
| Shares Issued in Lieu of Cash Distributions | 2874 | 8983 | &nbsp;&nbsp; 2298 | 11566 | &nbsp;&nbsp; 4397 | 11182 |
| Shares Redeemed  | (97350)<br>| (177965)<br>| &nbsp;&nbsp; (74960)<br>| (135791)<br>| &nbsp;&nbsp; (84785)<br>| (198135)<br>|
| Net Increase (Decrease) from Shares Issued and <br> Redeemed<br>| (8640)<br>| (16201)<br>| &nbsp;&nbsp; (11287)<br>| 5590 | &nbsp;&nbsp; (29826)<br>| (60391)<br>|

---

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **U.S. Core Equity 2 Portfolio** | **U.S. Core Equity 2 Portfolio** | **U.S. Vector Equity Portfolio** | **U.S. Vector Equity Portfolio** | **U.S. Small Cap Portfolio** | **U.S. Small Cap Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
|  | **(Unaudited)** |  | **(Unaudited)** |  | **(Unaudited)** |  |
| **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
| Operations: |  |  |  |  |  |  |
| Net Investment Income (Loss) | $216574 | $451271 | &nbsp;&nbsp; $33394 | $70406 | &nbsp;&nbsp; $97300 | $189295 |
| Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| Investment Securities Sold | (30600)<br>| (52955)<br>| &nbsp;&nbsp; (7493)<br>| (66849)<br>| &nbsp;&nbsp; 63597 | (109966)<br>|
| Affiliated Investment Companies Shares Sold | (20)<br>| (191)<br>| &nbsp;&nbsp; 2 | (50)<br>| &nbsp;&nbsp; 55 | (231)<br>|
| Futures | (17063)<br>| 67248 | &nbsp;&nbsp; (1105)<br>| 12006 | &nbsp;&nbsp; (17307)<br>| 38997 |
| In-Kind Redemptions | 735640 | 3852657 | &nbsp;&nbsp; 460667 | 1135594 | &nbsp;&nbsp; 853948 | 2004743 |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |  |  |
| Investment Securities and Foreign Currency | (2198937)<br>| 5428982 | &nbsp;&nbsp; (739826)<br>| 113750 | &nbsp;&nbsp; (2370547)<br>| 1881273 |
| Affiliated Investment Companies Shares | (98)<br>| 36 | &nbsp;&nbsp; (8)<br>| 6 | &nbsp;&nbsp; (175)<br>| 31 |
| Futures | 6901 | 1307 | &nbsp;&nbsp; 577 | 21 | &nbsp;&nbsp; 3950 | 898 |
| Net Increase (Decrease) in Net Assets Resulting <br> from Operations<br>| (1287603)<br>| 9748355 | &nbsp;&nbsp; (253792)<br>| 1264884 | &nbsp;&nbsp; (1369179)<br>| 4005040 |
| Distributions: |  |  |  |  |  |  |
| Institutional Class Shares | (187137)<br>| (546195)<br>| &nbsp;&nbsp; (29000)<br>| (155730)<br>| &nbsp;&nbsp; (85734)<br>| (375717)<br>|
| Capital Share Transactions (1): |  |  |  |  |  |  |
| Shares Issued | 2219917 | 6790158 | &nbsp;&nbsp; 946936 | 1942174 | &nbsp;&nbsp; 2674402 | 5020355 |
| Shares Issued in Lieu of Cash Distributions | 183922 | 536687 | &nbsp;&nbsp; 27990 | 150542 | &nbsp;&nbsp; 80421 | 351874 |
| Shares Redeemed | (4007176)<br>| (10728149)<br>| &nbsp;&nbsp; (1223741)<br>| (2412620)<br>| &nbsp;&nbsp; (2852202)<br>| (5535724)<br>|
| Net Increase (Decrease) from Capital Share <br> Transactions<br>| (1603337)<br>| (3401304)<br>| &nbsp;&nbsp; (248815)<br>| (319904)<br>| &nbsp;&nbsp; (97379)<br>| (163495)<br>|
| Total Increase (Decrease) in Net Assets | (3078077)<br>| 5800856 | &nbsp;&nbsp; (531607)<br>| 789250 | &nbsp;&nbsp; (1552292)<br>| 3465828 |
| **Net Assets** |  |  |  |  |  |  |
| Beginning of Period | 33734496 | 27933640 | &nbsp;&nbsp; 4862976 | 4073726 | &nbsp;&nbsp; 16213648 | 12747820 |
| End of Period | $30656419 | $33734496 | &nbsp;&nbsp; $4331369 | $4862976 | &nbsp;&nbsp; $14661356 | $16213648 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |  |  |
| Shares Issued | 58026 | 193815 | &nbsp;&nbsp; 34522 | 75109 | &nbsp;&nbsp; 55722 | 111049 |
| Shares Issued in Lieu of Cash Distributions | 4818 | 15759 | &nbsp;&nbsp; 1037 | 6211 | &nbsp;&nbsp; 1669 | 8146 |
| Shares Redeemed  | (103061)<br>| (306314)<br>| &nbsp;&nbsp; (44796)<br>| (93603)<br>| &nbsp;&nbsp; (59205)<br>| (122261)<br>|
| Net Increase (Decrease) from Shares Issued and <br> Redeemed<br>| (40217)<br>| (96740)<br>| &nbsp;&nbsp; (9237)<br>| (12283)<br>| &nbsp;&nbsp; (1814)<br>| (3066)<br>|

---

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **U.S. Micro Cap Portfolio** | **U.S. Micro Cap Portfolio** | **U.S. High Relative**<br> **Profitability Portfolio** | **U.S. High Relative**<br> **Profitability Portfolio** | **DFA Real Estate Securities**<br> **Portfolio** | **DFA Real Estate Securities**<br> **Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
|  | **(Unaudited)** |  | **(Unaudited)** |  | **(Unaudited)** |  |
| **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
| Operations: |  |  |  |  |  |  |
| Net Investment Income (Loss) | $38783 | $81986 | &nbsp;&nbsp; $32685 | $73575 | &nbsp;&nbsp; $121451 | $236644 |
| Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| Investment Securities Sold | (8029)<br>| (32769)<br>| &nbsp;&nbsp; (42834)<br>| (29006)<br>| &nbsp;&nbsp; (2508)<br>| 1499 |
| Affiliated Investment Companies Shares Sold | 20 | (42)<br>| &nbsp;&nbsp; (4)<br>| 3 | &nbsp;&nbsp; (8)<br>| (30)<br>|
| Futures | (6919)<br>| 15368 | &nbsp;&nbsp; (3446)<br>| 9907 | &nbsp;&nbsp; (1017)<br>| 11591 |
| In-Kind Redemptions | 1032049 | 341840 | &nbsp;&nbsp; 241064 | 627623 | &nbsp;&nbsp; 137287 | 161507 |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |  |  |
| Investment Securities and Foreign Currency | (1697555)<br>| 1421097 | &nbsp;&nbsp; (354895)<br>| 830606 | &nbsp;&nbsp; (542284)<br>| 1642936 |
| Affiliated Investment Companies Shares | (70)<br>| 12 | &nbsp;&nbsp; — |  | &nbsp;&nbsp; (24)<br>| 2 |
| Futures | 2516 | 2476 | &nbsp;&nbsp; 3077 | 1352 | &nbsp;&nbsp; (1172)<br>| 3914 |
| Net Increase (Decrease) in Net Assets Resulting from <br> Operations<br>| (639205)<br>| 1829968 | &nbsp;&nbsp; (124353)<br>| 1514060 | &nbsp;&nbsp; (288275)<br>| 2058063 |
| Distributions: |  |  |  |  |  |  |
| Institutional Class Shares | (34601)<br>| (179096)<br>| &nbsp;&nbsp; (27715)<br>| (68461)<br>| &nbsp;&nbsp; (140001)<br>| (269938)<br>|
| Capital Share Transactions (1): |  |  |  |  |  |  |
| Shares Issued | 1701104 | 1058106 | &nbsp;&nbsp; 737937 | 1931067 | &nbsp;&nbsp; 730091 | 1259741 |
| Shares Issued in Lieu of Cash Distributions | 31313 | 162383 | &nbsp;&nbsp; 27295 | 67527 | &nbsp;&nbsp; 135189 | 260651 |
| Shares Redeemed | (2461927)<br>| (1509695)<br>| &nbsp;&nbsp; (954428)<br>| (2531748)<br>| &nbsp;&nbsp; (981157)<br>| (2171724)<br>|
| Net Increase (Decrease) from Capital Share <br> Transactions<br>| (729510)<br>| (289206)<br>| &nbsp;&nbsp; (189196)<br>| (533154)<br>| &nbsp;&nbsp; (115877)<br>| (651332)<br>|
| Total Increase (Decrease) in Net Assets | (1403316)<br>| 1361666 | &nbsp;&nbsp; (341264)<br>| 912445 | &nbsp;&nbsp; (544153)<br>| 1136793 |
| **Net Assets** |  |  |  |  |  |  |
| Beginning of Period | 7385079 | 6023413 | &nbsp;&nbsp; 5286558 | 4374113 | &nbsp;&nbsp; 7478822 | 6342029 |
| End of Period | $5981763 | $7385079 | &nbsp;&nbsp; $4945294 | $5286558 | &nbsp;&nbsp; $6934669 | $7478822 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |  |  |
| Shares Issued | 59529 | 39669 | &nbsp;&nbsp; 30550 | 86852 | &nbsp;&nbsp; 17890 | 32543 |
| Shares Issued in Lieu of Cash Distributions | 1107 | 6285 | &nbsp;&nbsp; 1121 | 2994 | &nbsp;&nbsp; 3231 | 6853 |
| Shares Redeemed  | (86459)<br>| (56990)<br>| &nbsp;&nbsp; (39031)<br>| (114163)<br>| &nbsp;&nbsp; (23920)<br>| (56275)<br>|
| Net Increase (Decrease) from Shares Issued and <br> Redeemed<br>| (25823)<br>| (11036)<br>| &nbsp;&nbsp; (7360)<br>| (24317)<br>| &nbsp;&nbsp; (2799)<br>| (16879)<br>|

---

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Enhanced U.S. Large Company Portfolio** | **Enhanced U.S. Large Company Portfolio** | **Enhanced U.S. Large Company Portfolio** | **Enhanced U.S. Large Company Portfolio** | **Enhanced U.S. Large Company Portfolio** | **Enhanced U.S. Large Company Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | &nbsp;&nbsp; $14.76 | &nbsp;&nbsp;&nbsp; $11.06 | &nbsp;&nbsp; $10.36 | &nbsp;&nbsp; $18.53 | &nbsp;&nbsp; $14.06 | &nbsp;&nbsp; $14.02 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.31 | &nbsp;&nbsp;&nbsp;&nbsp;0.54 | 0.33 | 0.15 | 0.10 | 0.12 |
| Net Gains (Losses) on Securities (Realized and Unrealized) <br>| &nbsp;&nbsp; (0.68)<br>| &nbsp;&nbsp;&nbsp;&nbsp;3.67 | 0.68 | &nbsp;&nbsp; (2.48)<br>| 5.49 | 1.17 |
| Total from Investment Operations  | &nbsp;&nbsp; (0.37)<br>| &nbsp;&nbsp;&nbsp;&nbsp;4.21 | 1.01 | &nbsp;&nbsp; (2.33)<br>| 5.59 | 1.29 |
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | &nbsp;&nbsp; (0.34)<br>| &nbsp;&nbsp;&nbsp; (0.51)<br>| &nbsp;&nbsp; (0.31)<br>| &nbsp;&nbsp; (0.11)<br>| &nbsp;&nbsp; (0.13)<br>| &nbsp;&nbsp; (0.11)<br>|
| Net Realized Gains  | &nbsp;&nbsp; (0.01)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (5.73)<br>| &nbsp;&nbsp; (0.99)<br>| &nbsp;&nbsp; (1.14)<br>|
| Total Distributions  | &nbsp;&nbsp; (0.35)<br>| &nbsp;&nbsp;&nbsp; (0.51)<br>| &nbsp;&nbsp; (0.31)<br>| &nbsp;&nbsp; (5.84)<br>| &nbsp;&nbsp; (1.12)<br>| &nbsp;&nbsp; (1.25)<br>|
| Net Asset Value, End of Period | &nbsp;&nbsp; $14.04 | &nbsp;&nbsp;&nbsp; $14.76 | &nbsp;&nbsp; $11.06 | &nbsp;&nbsp; $10.36 | &nbsp;&nbsp; $18.53 | &nbsp;&nbsp; $14.06 |
| Total Return  | &nbsp;&nbsp; (2.63<br> %)(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 38.62<br> %<br>| 9.77<br> %<br>| &nbsp;&nbsp; (19.24<br> %)<br>| 41.82<br> %<br>| 9.55<br> %<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $210002 | &nbsp;&nbsp;&nbsp; $218511 | &nbsp;&nbsp; $196372 | &nbsp;&nbsp; $258641 | &nbsp;&nbsp; $426867 | &nbsp;&nbsp; $433322 |
| Ratio of Expenses to Average Net Assets  | 0.15<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.15<br> %<br>| 0.15<br> %<br>| 0.15<br> %<br>| 0.15<br> %<br>| 0.15<br> %<br>|
| Ratio of Expenses to Average Net Assets (Excluding Fees <br> Waived, Expenses Reimbursed by Advisor and Fees Paid <br> Indirectly) <br>| 0.18<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.18<br> %<br>| 0.19<br> %<br>| 0.17<br> %<br>| 0.17<br> %<br>| 0.22<br> %<br>|
| Ratio of Net Investment Income to Average Net Assets  | 4.40<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 4.01<br> %<br>| 3.02<br> %<br>| 1.26<br> %<br>| 0.59<br> %<br>| 0.89<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; 34<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 49<br> %<br>| &nbsp;&nbsp; 19<br> %<br>| &nbsp;&nbsp; 118<br> %<br>| &nbsp;&nbsp; 70<br> %<br>| &nbsp;&nbsp; 90<br> %<br>|

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **U.S. Large Cap Equity Portfolio** | **U.S. Large Cap Equity Portfolio** | **U.S. Large Cap Equity Portfolio** | **U.S. Large Cap Equity Portfolio** | **U.S. Large Cap Equity Portfolio** | **U.S. Large Cap Equity Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | &nbsp;&nbsp; $31.64 | &nbsp;&nbsp;&nbsp; $24.03 | &nbsp;&nbsp; $23.10 | &nbsp;&nbsp; $28.11 | &nbsp;&nbsp; $20.01 | &nbsp;&nbsp; $18.61 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.19 | &nbsp;&nbsp;&nbsp;&nbsp;0.39 | 0.38 | 0.37 | 0.33 | 0.32 |
| Net Gains (Losses) on Securities (Realized and <br> Unrealized) <br>| &nbsp;&nbsp; (1.08)<br>| &nbsp;&nbsp;&nbsp;&nbsp;8.54 | 1.62 | &nbsp;&nbsp; (4.19)<br>| 8.11 | 1.42 |
| Total from Investment Operations  | &nbsp;&nbsp; (0.89)<br>| &nbsp;&nbsp;&nbsp;&nbsp;8.93 | 2.00 | &nbsp;&nbsp; (3.82)<br>| 8.44 | 1.74 |
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | &nbsp;&nbsp; (0.17)<br>| &nbsp;&nbsp;&nbsp; (0.36)<br>| &nbsp;&nbsp; (0.34)<br>| &nbsp;&nbsp; (0.34)<br>| &nbsp;&nbsp; (0.34)<br>| &nbsp;&nbsp; (0.31)<br>|
| Net Realized Gains  | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (0.96)<br>| &nbsp;&nbsp; (0.73)<br>| &nbsp;&nbsp; (0.85)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (0.03)<br>|
| Total Distributions  | &nbsp;&nbsp; (0.17)<br>| &nbsp;&nbsp;&nbsp; (1.32)<br>| &nbsp;&nbsp; (1.07)<br>| &nbsp;&nbsp; (1.19)<br>| &nbsp;&nbsp; (0.34)<br>| &nbsp;&nbsp; (0.34)<br>|
| Net Asset Value, End of Period | &nbsp;&nbsp; $30.58 | &nbsp;&nbsp;&nbsp; $31.64 | &nbsp;&nbsp; $24.03 | &nbsp;&nbsp; $23.10 | &nbsp;&nbsp; $28.11 | &nbsp;&nbsp; $20.01 |
| Total Return  | &nbsp;&nbsp; (2.83<br> %)(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 38.22<br> %<br>| 8.83<br> %<br>| &nbsp;&nbsp; (14.12<br> %)<br>| 42.42<br> %<br>| 9.52<br> %<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $2013147 | &nbsp;&nbsp;&nbsp; $1869428 | &nbsp;&nbsp; $1546941 | &nbsp;&nbsp; $1613798 | &nbsp;&nbsp; $2200814 | &nbsp;&nbsp; $1693438 |
| Ratio of Expenses to Average Net Assets  | 0.13<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.14<br> %<br>| 0.13<br> %<br>| 0.13<br> %<br>| 0.14<br> %<br>| 0.16<br> %<br>|
| Ratio of Expenses to Average Net Assets (Excluding <br> Fees Waived, Expenses Reimbursed by Advisor <br> and Fees Paid Indirectly) <br>| 0.13<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.14<br> %<br>| 0.13<br> %<br>| 0.13<br> %<br>| 0.14<br> %<br>| 0.16<br> %<br>|
| Ratio of Net Investment Income to Average Net <br> Assets <br>| 1.24<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1.35<br> %<br>| 1.56<br> %<br>| 1.45<br> %<br>| 1.32<br> %<br>| 1.68<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; 5<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 12<br> %<br>| &nbsp;&nbsp; 8<br> %<br>| &nbsp;&nbsp; 7<br> %<br>| &nbsp;&nbsp; 7<br> %<br>| &nbsp;&nbsp; 20<br> %<br>|

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **U.S. Large Cap Value Portfolio** | **U.S. Large Cap Value Portfolio** | **U.S. Large Cap Value Portfolio** | **U.S. Large Cap Value Portfolio** | **U.S. Large Cap Value Portfolio** | **U.S. Large Cap Value Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | &nbsp;&nbsp; $50.32 | &nbsp;&nbsp;&nbsp; $40.06 | &nbsp;&nbsp; $42.28 | &nbsp;&nbsp; $45.91 | &nbsp;&nbsp; $31.40 | &nbsp;&nbsp; $37.13 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.52 | &nbsp;&nbsp;&nbsp;&nbsp;1.00 | 0.96 | 0.91 | 0.76 | 0.79 |
| Net Gains (Losses) on Securities (Realized <br> and Unrealized) <br>| &nbsp;&nbsp; (2.57)<br>| &nbsp;&nbsp;&nbsp;&nbsp;10.91 | &nbsp;&nbsp; (1.27)<br>| &nbsp;&nbsp; (2.50)<br>| 14.46 | &nbsp;&nbsp; (4.98)<br>|
| Total from Investment Operations  | &nbsp;&nbsp; (2.05)<br>| &nbsp;&nbsp;&nbsp;&nbsp;11.91 | &nbsp;&nbsp; (0.31)<br>| &nbsp;&nbsp; (1.59)<br>| 15.22 | &nbsp;&nbsp; (4.19)<br>|
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | &nbsp;&nbsp; (0.46)<br>| &nbsp;&nbsp;&nbsp; (0.91)<br>| &nbsp;&nbsp; (0.87)<br>| &nbsp;&nbsp; (0.82)<br>| &nbsp;&nbsp; (0.71)<br>| &nbsp;&nbsp; (0.73)<br>|
| Net Realized Gains  | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (0.74)<br>| &nbsp;&nbsp; (1.04)<br>| &nbsp;&nbsp; (1.22)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (0.81)<br>|
| Total Distributions  | &nbsp;&nbsp; (0.46)<br>| &nbsp;&nbsp;&nbsp; (1.65)<br>| &nbsp;&nbsp; (1.91)<br>| &nbsp;&nbsp; (2.04)<br>| &nbsp;&nbsp; (0.71)<br>| &nbsp;&nbsp; (1.54)<br>|
| Net Asset Value, End of Period | &nbsp;&nbsp; $47.81 | &nbsp;&nbsp;&nbsp; $50.32 | &nbsp;&nbsp; $40.06 | &nbsp;&nbsp; $42.28 | &nbsp;&nbsp; $45.91 | &nbsp;&nbsp; $31.40 |
| Total Return  | &nbsp;&nbsp; (4.11<br> %)(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 30.21<br> %<br>| &nbsp;&nbsp; (0.89<br> %)<br>| &nbsp;&nbsp; (3.54<br> %)<br>| 48.68<br> %<br>| &nbsp;&nbsp; (11.56<br> %)<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $22563685 | &nbsp;&nbsp;&nbsp; $24540594 | &nbsp;&nbsp; $21162196 | &nbsp;&nbsp; $23294887 | &nbsp;&nbsp; $25309703 | &nbsp;&nbsp; $18715077 |
| Ratio of Expenses to Average Net Assets (D) | 0.22<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.23<br> %<br>| 0.22<br> %<br>| 0.21<br> %<br>| 0.23<br> %<br>| 0.27<br> %<br>|
| Ratio of Expenses to Average Net Assets <br> (Excluding Fees Waived, Expenses <br> Reimbursed by Advisor) (D)<br>| 0.32<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.33<br> %<br>| 0.32<br> %<br>| 0.31<br> %<br>| 0.33<br> %<br>| 0.37<br> %<br>|
| Ratio of Net Investment Income to Average <br> Net Assets <br>| 2.15<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 2.13<br> %<br>| 2.27<br> %<br>| 2.09<br> %<br>| 1.80<br> %<br>| 2.38<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; N/A | &nbsp;&nbsp;&nbsp; N/A | &nbsp;&nbsp; N/A | &nbsp;&nbsp; N/A | &nbsp;&nbsp; N/A | &nbsp;&nbsp; N/A |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **U.S. Targeted Value Portfolio** | **U.S. Targeted Value Portfolio** | **U.S. Targeted Value Portfolio** | **U.S. Targeted Value Portfolio** | **U.S. Targeted Value Portfolio** | **U.S. Targeted Value Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | &nbsp;&nbsp; $33.68 | &nbsp;&nbsp;&nbsp; $26.76 | &nbsp;&nbsp; $28.74 | &nbsp;&nbsp; $31.61 | &nbsp;&nbsp; $18.57 | &nbsp;&nbsp; $22.31 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.30 | &nbsp;&nbsp;&nbsp;&nbsp;0.51 | 0.47 | 0.43 | 0.46 | 0.31 |
| Net Gains (Losses) on Securities (Realized <br> and Unrealized) <br>| &nbsp;&nbsp; (3.42)<br>| &nbsp;&nbsp;&nbsp;&nbsp;7.16 | &nbsp;&nbsp; (0.97)<br>| &nbsp;&nbsp; (0.87)<br>| 13.02 | &nbsp;&nbsp; (3.19)<br>|
| Total from Investment Operations  | &nbsp;&nbsp; (3.12)<br>| &nbsp;&nbsp;&nbsp;&nbsp;7.67 | &nbsp;&nbsp; (0.50)<br>| &nbsp;&nbsp; (0.44)<br>| 13.48 | &nbsp;&nbsp; (2.88)<br>|
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | &nbsp;&nbsp; (0.26)<br>| &nbsp;&nbsp;&nbsp; (0.49)<br>| &nbsp;&nbsp; (0.44)<br>| &nbsp;&nbsp; (0.40)<br>| &nbsp;&nbsp; (0.44)<br>| &nbsp;&nbsp; (0.29)<br>|
| Net Realized Gains  | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (0.26)<br>| &nbsp;&nbsp; (1.04)<br>| &nbsp;&nbsp; (2.03)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (0.57)<br>|
| Total Distributions  | &nbsp;&nbsp; (0.26)<br>| &nbsp;&nbsp;&nbsp; (0.75)<br>| &nbsp;&nbsp; (1.48)<br>| &nbsp;&nbsp; (2.43)<br>| &nbsp;&nbsp; (0.44)<br>| &nbsp;&nbsp; (0.86)<br>|
| Net Asset Value, End of Period | &nbsp;&nbsp; $30.30 | &nbsp;&nbsp;&nbsp; $33.68 | &nbsp;&nbsp; $26.76 | &nbsp;&nbsp; $28.74 | &nbsp;&nbsp; $31.61 | &nbsp;&nbsp; $18.57 |
| Total Return  | &nbsp;&nbsp; (9.33<br> %)(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 28.86<br> %<br>| &nbsp;&nbsp; (1.90<br> %)<br>| &nbsp;&nbsp; (1.39<br> %)<br>| 72.95<br> %<br>| &nbsp;&nbsp; (13.27<br> %)<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $11745103 | &nbsp;&nbsp;&nbsp; $13344378 | &nbsp;&nbsp; $11037115 | &nbsp;&nbsp; $11746736 | &nbsp;&nbsp; $12591768 | &nbsp;&nbsp; $8711891 |
| Ratio of Expenses to Average Net Assets  | 0.29<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.29<br> %<br>| 0.30<br> %<br>| 0.30<br> %<br>| 0.33<br> %<br>| 0.37<br> %<br>|
| Ratio of Expenses to Average Net Assets <br> (Excluding Fees Waived, Expenses <br> Reimbursed) <br>| 0.30<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.30<br> %<br>| 0.30<br> %<br>| 0.30<br> %<br>| 0.33<br> %<br>| 0.37<br> %<br>|
| Ratio of Net Investment Income to Average Net <br> Assets <br>| 1.78<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1.60<br> %<br>| 1.64<br> %<br>| 1.47<br> %<br>| 1.65<br> %<br>| 1.65<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; 4<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 7<br> %<br>| &nbsp;&nbsp; 20<br> %<br>| &nbsp;&nbsp; 18<br> %<br>| &nbsp;&nbsp; 13<br> %<br>| &nbsp;&nbsp; 20<br> %<br>|

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **U.S. Small Cap Value Portfolio** | **U.S. Small Cap Value Portfolio** | **U.S. Small Cap Value Portfolio** | **U.S. Small Cap Value Portfolio** | **U.S. Small Cap Value Portfolio** | **U.S. Small Cap Value Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | &nbsp;&nbsp; $47.90 | &nbsp;&nbsp;&nbsp; $38.23 | &nbsp;&nbsp; $42.01 | &nbsp;&nbsp; $46.33 | &nbsp;&nbsp; $27.34 | &nbsp;&nbsp; $32.79 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.39 | &nbsp;&nbsp;&nbsp;&nbsp;0.75 | 0.72 | 0.68 | 0.80 | 0.44 |
| Net Gains (Losses) on Securities (Realized <br> and Unrealized) <br>| &nbsp;&nbsp; (5.93)<br>| &nbsp;&nbsp;&nbsp;&nbsp;10.59 | &nbsp;&nbsp; (1.68)<br>| &nbsp;&nbsp; (0.47)<br>| 18.98 | &nbsp;&nbsp; (4.95)<br>|
| Total from Investment Operations  | &nbsp;&nbsp; (5.54)<br>| &nbsp;&nbsp;&nbsp;&nbsp;11.34 | &nbsp;&nbsp; (0.96)<br>| 0.21 | 19.78 | &nbsp;&nbsp; (4.51)<br>|
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | &nbsp;&nbsp; (0.36)<br>| &nbsp;&nbsp;&nbsp; (0.71)<br>| &nbsp;&nbsp; (0.69)<br>| &nbsp;&nbsp; (0.67)<br>| &nbsp;&nbsp; (0.79)<br>| &nbsp;&nbsp; (0.38)<br>|
| Net Realized Gains  | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (0.96)<br>| &nbsp;&nbsp; (2.13)<br>| &nbsp;&nbsp; (3.86)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (0.56)<br>|
| Total Distributions  | &nbsp;&nbsp; (0.36)<br>| &nbsp;&nbsp;&nbsp; (1.67)<br>| &nbsp;&nbsp; (2.82)<br>| &nbsp;&nbsp; (4.53)<br>| &nbsp;&nbsp; (0.79)<br>| &nbsp;&nbsp; (0.94)<br>|
| Net Asset Value, End of Period | &nbsp;&nbsp; $42.00 | &nbsp;&nbsp;&nbsp; $47.90 | &nbsp;&nbsp; $38.23 | &nbsp;&nbsp; $42.01 | &nbsp;&nbsp; $46.33 | &nbsp;&nbsp; $27.34 |
| Total Return  | &nbsp;&nbsp; (11.65<br> %)(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 30.08<br> %<br>| &nbsp;&nbsp; (2.49<br> %)<br>| 0.58<br> %<br>| 73.01<br> %<br>| &nbsp;&nbsp; (14.11<br> %)<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $13948992 | &nbsp;&nbsp;&nbsp; $16447839 | &nbsp;&nbsp; $12916598 | &nbsp;&nbsp; $14344438 | &nbsp;&nbsp; $15145347 | &nbsp;&nbsp; $10481057 |
| Ratio of Expenses to Average Net Assets  | 0.31<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.31<br> %<br>| 0.31<br> %<br>| 0.33<br> %<br>| 0.42<br> %<br>| 0.52<br> %<br>|
| Ratio of Expenses to Average Net Assets <br> (Excluding Fees Waived, Expenses <br> Reimbursed) <br>| 0.31<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.31<br> %<br>| 0.31<br> %<br>| 0.33<br> %<br>| 0.42<br> %<br>| 0.52<br> %<br>|
| Ratio of Net Investment Income to Average <br> Net Assets <br>| 1.70<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1.64<br> %<br>| 1.77<br> %<br>| 1.62<br> %<br>| 1.94<br> %<br>| 1.56<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; 3<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 12<br> %<br>| &nbsp;&nbsp; 25<br> %<br>| &nbsp;&nbsp; 23<br> %<br>| &nbsp;&nbsp; 22<br> %<br>| &nbsp;&nbsp; 18<br> %<br>|

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **U.S. Core Equity 1 Portfolio** | **U.S. Core Equity 1 Portfolio** | **U.S. Core Equity 1 Portfolio** | **U.S. Core Equity 1 Portfolio** | **U.S. Core Equity 1 Portfolio** | **U.S. Core Equity 1 Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | &nbsp;&nbsp; $42.43 | &nbsp;&nbsp;&nbsp; $31.51 | &nbsp;&nbsp; $30.70 | &nbsp;&nbsp; $36.25 | &nbsp;&nbsp; $25.24 | &nbsp;&nbsp; $24.71 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.27 | &nbsp;&nbsp;&nbsp;&nbsp;0.54 | 0.52 | 0.49 | 0.44 | 0.41 |
| Net Gains (Losses) on Securities (Realized <br> and Unrealized) <br>| &nbsp;&nbsp; (1.78)<br>| &nbsp;&nbsp;&nbsp;&nbsp;10.91 | 1.51 | &nbsp;&nbsp; (4.65)<br>| 10.99 | 0.93 |
| Total from Investment Operations  | &nbsp;&nbsp; (1.51)<br>| &nbsp;&nbsp;&nbsp;&nbsp;11.45 | 2.03 | &nbsp;&nbsp; (4.16)<br>| 11.43 | 1.34 |
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | &nbsp;&nbsp; (0.24)<br>| &nbsp;&nbsp;&nbsp; (0.53)<br>| &nbsp;&nbsp; (0.47)<br>| &nbsp;&nbsp; (0.45)<br>| &nbsp;&nbsp; (0.42)<br>| &nbsp;&nbsp; (0.39)<br>|
| Net Realized Gains  | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; (0.75)<br>| &nbsp;&nbsp; (0.94)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (0.42)<br>|
| Total Distributions  | &nbsp;&nbsp; (0.24)<br>| &nbsp;&nbsp;&nbsp; (0.53)<br>| &nbsp;&nbsp; (1.22)<br>| &nbsp;&nbsp; (1.39)<br>| &nbsp;&nbsp; (0.42)<br>| &nbsp;&nbsp; (0.81)<br>|
| Net Asset Value, End of Period | &nbsp;&nbsp; $40.68 | &nbsp;&nbsp;&nbsp; $42.43 | &nbsp;&nbsp; $31.51 | &nbsp;&nbsp; $30.70 | &nbsp;&nbsp; $36.25 | &nbsp;&nbsp; $25.24 |
| Total Return  | &nbsp;&nbsp; (3.59<br> %)(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 36.48<br> %<br>| 6.69<br> %<br>| &nbsp;&nbsp; (11.85<br> %)<br>| 45.50<br> %<br>| 5.55<br> %<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $32617034 | &nbsp;&nbsp;&nbsp; $35281541 | &nbsp;&nbsp; $28100325 | &nbsp;&nbsp; $28055282 | &nbsp;&nbsp; $33385041 | &nbsp;&nbsp; $24427934 |
| Ratio of Expenses to Average Net Assets  | 0.15<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.15<br> %<br>| 0.15<br> %<br>| 0.14<br> %<br>| 0.15<br> %<br>| 0.18<br> %<br>|
| Ratio of Expenses to Average Net Assets <br> (Excluding Fees Waived, Expenses <br> Reimbursed by Advisor and Fees Paid <br> Indirectly) <br>| 0.15<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.15<br> %<br>| 0.15<br> %<br>| 0.14<br> %<br>| 0.15<br> %<br>| 0.18<br> %<br>|
| Ratio of Net Investment Income to Average <br> Net Assets <br>| 1.31<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1.40<br> %<br>| 1.61<br> %<br>| 1.48<br> %<br>| 1.34<br> %<br>| 1.69<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; 1<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 6<br> %<br>| &nbsp;&nbsp; 8<br> %<br>| &nbsp;&nbsp; 5<br> %<br>| &nbsp;&nbsp; 4<br> %<br>| &nbsp;&nbsp; 3<br> %<br>|

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **U.S. Core Equity 2 Portfolio** | **U.S. Core Equity 2 Portfolio** | **U.S. Core Equity 2 Portfolio** | **U.S. Core Equity 2 Portfolio** | **U.S. Core Equity 2 Portfolio** | **U.S. Core Equity 2 Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | &nbsp;&nbsp; $37.98 | &nbsp;&nbsp;&nbsp; $28.36 | &nbsp;&nbsp; $28.01 | &nbsp;&nbsp; $33.16 | &nbsp;&nbsp; $22.79 | &nbsp;&nbsp; $22.66 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.24 | &nbsp;&nbsp;&nbsp;&nbsp;0.48 | 0.45 | 0.42 | 0.39 | 0.36 |
| Net Gains (Losses) on Securities (Realized <br> and Unrealized) <br>| &nbsp;&nbsp; (1.85)<br>| &nbsp;&nbsp;&nbsp;&nbsp;9.72 | 1.11 | &nbsp;&nbsp; (3.98)<br>| 10.35 | 0.60 |
| Total from Investment Operations  | &nbsp;&nbsp; (1.61)<br>| &nbsp;&nbsp;&nbsp;&nbsp;10.20 | 1.56 | &nbsp;&nbsp; (3.56)<br>| 10.74 | 0.96 |
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | &nbsp;&nbsp; (0.22)<br>| &nbsp;&nbsp;&nbsp; (0.45)<br>| &nbsp;&nbsp; (0.42)<br>| &nbsp;&nbsp; (0.39)<br>| &nbsp;&nbsp; (0.37)<br>| &nbsp;&nbsp; (0.33)<br>|
| Net Realized Gains  | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (0.13)<br>| &nbsp;&nbsp; (0.79)<br>| &nbsp;&nbsp; (1.20)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (0.50)<br>|
| Total Distributions  | &nbsp;&nbsp; (0.22)<br>| &nbsp;&nbsp;&nbsp; (0.58)<br>| &nbsp;&nbsp; (1.21)<br>| &nbsp;&nbsp; (1.59)<br>| &nbsp;&nbsp; (0.37)<br>| &nbsp;&nbsp; (0.83)<br>|
| Net Asset Value, End of Period | &nbsp;&nbsp; $36.15 | &nbsp;&nbsp;&nbsp; $37.98 | &nbsp;&nbsp; $28.36 | &nbsp;&nbsp; $28.01 | &nbsp;&nbsp; $33.16 | &nbsp;&nbsp; $22.79 |
| Total Return  | &nbsp;&nbsp; (4.28<br> %)(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 36.20<br> %<br>| 5.64<br> %<br>| &nbsp;&nbsp; (11.19<br> %)<br>| 47.35<br> %<br>| 4.37<br> %<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $30656419 | &nbsp;&nbsp;&nbsp; $33734496 | &nbsp;&nbsp; $27933640 | &nbsp;&nbsp; $29273947 | &nbsp;&nbsp; $35148897 | &nbsp;&nbsp; $25670305 |
| Ratio of Expenses to Average Net Assets  | 0.18<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.18<br> %<br>| 0.19<br> %<br>| 0.18<br> %<br>| 0.19<br> %<br>| 0.21<br> %<br>|
| Ratio of Expenses to Average Net Assets <br> (Excluding Fees Waived, Expenses <br> Reimbursed) <br>| 0.19<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.19<br> %<br>| 0.19<br> %<br>| 0.18<br> %<br>| 0.19<br> %<br>| 0.21<br> %<br>|
| Ratio of Net Investment Income to Average <br> Net Assets <br>| 1.31<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1.39<br> %<br>| 1.57<br> %<br>| 1.41<br> %<br>| 1.29<br> %<br>| 1.63<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; 1<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 8<br> %<br>| &nbsp;&nbsp; 7<br> %<br>| &nbsp;&nbsp; 5<br> %<br>| &nbsp;&nbsp; 5<br> %<br>| &nbsp;&nbsp; 3<br> %<br>|

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **U.S. Vector Equity Portfolio** | **U.S. Vector Equity Portfolio** | **U.S. Vector Equity Portfolio** | **U.S. Vector Equity Portfolio** | **U.S. Vector Equity Portfolio** | **U.S. Vector Equity Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | &nbsp;&nbsp; $26.92 | &nbsp;&nbsp;&nbsp; $21.12 | &nbsp;&nbsp; $22.25 | &nbsp;&nbsp; $26.02 | &nbsp;&nbsp; $17.00 | &nbsp;&nbsp; $18.71 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.18 | &nbsp;&nbsp;&nbsp;&nbsp;0.37 | 0.36 | 0.35 | 0.31 | 0.27 |
| Net Gains (Losses) on Securities (Realized and <br> Unrealized) <br>| &nbsp;&nbsp; (1.67)<br>| &nbsp;&nbsp;&nbsp;&nbsp;6.25 | &nbsp;&nbsp; (0.42)<br>| &nbsp;&nbsp; (2.17)<br>| 9.00 | &nbsp;&nbsp; (1.40)<br>|
| Total from Investment Operations  | &nbsp;&nbsp; (1.49)<br>| &nbsp;&nbsp;&nbsp;&nbsp;6.62 | &nbsp;&nbsp; (0.06)<br>| &nbsp;&nbsp; (1.82)<br>| 9.31 | &nbsp;&nbsp; (1.13)<br>|
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | &nbsp;&nbsp; (0.16)<br>| &nbsp;&nbsp;&nbsp; (0.35)<br>| &nbsp;&nbsp; (0.34)<br>| &nbsp;&nbsp; (0.32)<br>| &nbsp;&nbsp; (0.29)<br>| &nbsp;&nbsp; (0.25)<br>|
| Net Realized Gains  | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (0.47)<br>| &nbsp;&nbsp; (0.73)<br>| &nbsp;&nbsp; (1.63)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (0.33)<br>|
| Total Distributions  | &nbsp;&nbsp; (0.16)<br>| &nbsp;&nbsp;&nbsp; (0.82)<br>| &nbsp;&nbsp; (1.07)<br>| &nbsp;&nbsp; (1.95)<br>| &nbsp;&nbsp; (0.29)<br>| &nbsp;&nbsp; (0.58)<br>|
| Net Asset Value, End of Period | &nbsp;&nbsp; $25.27 | &nbsp;&nbsp;&nbsp; $26.92 | &nbsp;&nbsp; $21.12 | &nbsp;&nbsp; $22.25 | &nbsp;&nbsp; $26.02 | &nbsp;&nbsp; $17.00 |
| Total Return  | &nbsp;&nbsp; (5.56<br> %)(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 31.81<br> %<br>| &nbsp;&nbsp; (0.41<br> %)<br>| &nbsp;&nbsp; (7.42<br> %)<br>| 54.98<br> %<br>| &nbsp;&nbsp; (6.12<br> %)<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $4331369 | &nbsp;&nbsp;&nbsp; $4862976 | &nbsp;&nbsp; $4073726 | &nbsp;&nbsp; $4425060 | &nbsp;&nbsp; $5182775 | &nbsp;&nbsp; $3612716 |
| Ratio of Expenses to Average Net Assets  | 0.27<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.29<br> %<br>| 0.28<br> %<br>| 0.28<br> %<br>| 0.29<br> %<br>| 0.32<br> %<br>|
| Ratio of Expenses to Average Net Assets (Excluding <br> Fees Waived, Expenses Reimbursed) <br>| 0.27<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.29<br> %<br>| 0.28<br> %<br>| 0.28<br> %<br>| 0.29<br> %<br>| 0.32<br> %<br>|
| Ratio of Net Investment Income to Average Net <br> Assets <br>| 1.40<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1.48<br> %<br>| 1.64<br> %<br>| 1.49<br> %<br>| 1.31<br> %<br>| 1.59<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; 5<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 11<br> %<br>| &nbsp;&nbsp; 11<br> %<br>| &nbsp;&nbsp; 10<br> %<br>| &nbsp;&nbsp; 10<br> %<br>| &nbsp;&nbsp; 13<br> %<br>|

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **U.S. Small Cap Portfolio** | **U.S. Small Cap Portfolio** | **U.S. Small Cap Portfolio** | **U.S. Small Cap Portfolio** | **U.S. Small Cap Portfolio** | **U.S. Small Cap Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | &nbsp;&nbsp; $48.09 | &nbsp;&nbsp;&nbsp; $37.47 | &nbsp;&nbsp; $41.06 | &nbsp;&nbsp; $48.50 | &nbsp;&nbsp; $31.00 | &nbsp;&nbsp; $33.80 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.28 | &nbsp;&nbsp;&nbsp;&nbsp;0.56 | 0.53 | 0.48 | 0.50 | 0.35 |
| Net Gains (Losses) on Securities (Realized <br> and Unrealized) <br>| &nbsp;&nbsp; (4.39)<br>| &nbsp;&nbsp;&nbsp;&nbsp;11.17 | &nbsp;&nbsp; (2.06)<br>| &nbsp;&nbsp; (4.93)<br>| 17.50 | &nbsp;&nbsp; (2.02)<br>|
| Total from Investment Operations  | &nbsp;&nbsp; (4.11)<br>| &nbsp;&nbsp;&nbsp;&nbsp;11.73 | &nbsp;&nbsp; (1.53)<br>| &nbsp;&nbsp; (4.45)<br>| 18.00 | &nbsp;&nbsp; (1.67)<br>|
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | &nbsp;&nbsp; (0.26)<br>| &nbsp;&nbsp;&nbsp; (0.53)<br>| &nbsp;&nbsp; (0.50)<br>| &nbsp;&nbsp; (0.45)<br>| &nbsp;&nbsp; (0.50)<br>| &nbsp;&nbsp; (0.32)<br>|
| Net Realized Gains  | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (0.58)<br>| &nbsp;&nbsp; (1.56)<br>| &nbsp;&nbsp; (2.54)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (0.81)<br>|
| Total Distributions  | &nbsp;&nbsp; (0.26)<br>| &nbsp;&nbsp;&nbsp; (1.11)<br>| &nbsp;&nbsp; (2.06)<br>| &nbsp;&nbsp; (2.99)<br>| &nbsp;&nbsp; (0.50)<br>| &nbsp;&nbsp; (1.13)<br>|
| Net Asset Value, End of Period | &nbsp;&nbsp; $43.72 | &nbsp;&nbsp;&nbsp; $48.09 | &nbsp;&nbsp; $37.47 | &nbsp;&nbsp; $41.06 | &nbsp;&nbsp; $48.50 | &nbsp;&nbsp; $31.00 |
| Total Return  | &nbsp;&nbsp; (8.60<br> %)(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 31.65<br> %<br>| &nbsp;&nbsp; (3.96<br> %)<br>| &nbsp;&nbsp; (9.62<br> %)<br>| 58.30<br> %<br>| &nbsp;&nbsp; (5.08<br> %)<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $14661356 | &nbsp;&nbsp;&nbsp; $16213648 | &nbsp;&nbsp; $12747820 | &nbsp;&nbsp; $13883602 | &nbsp;&nbsp; $16747405 | &nbsp;&nbsp; $13189730 |
| Ratio of Expenses to Average Net Assets  | 0.27<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.27<br> %<br>| 0.28<br> %<br>| 0.29<br> %<br>| 0.33<br> %<br>| 0.36<br> %<br>|
| Ratio of Expenses to Average Net Assets <br> (Excluding Fees Waived, Expenses <br> Reimbursed) <br>| 0.28<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.28<br> %<br>| 0.28<br> %<br>| 0.29<br> %<br>| 0.33<br> %<br>| 0.36<br> %<br>|
| Ratio of Net Investment Income to Average <br> Net Assets <br>| 1.21<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1.23<br> %<br>| 1.31<br> %<br>| 1.12<br> %<br>| 1.13<br> %<br>| 1.15<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; 2<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 6<br> %<br>| &nbsp;&nbsp; 20<br> %<br>| &nbsp;&nbsp; 13<br> %<br>| &nbsp;&nbsp; 12<br> %<br>| &nbsp;&nbsp; 3<br> %<br>|

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **U.S. Micro Cap Portfolio** | **U.S. Micro Cap Portfolio** | **U.S. Micro Cap Portfolio** | **U.S. Micro Cap Portfolio** | **U.S. Micro Cap Portfolio** | **U.S. Micro Cap Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | &nbsp;&nbsp; $28.29 | &nbsp;&nbsp;&nbsp; $22.14 | &nbsp;&nbsp; $24.45 | &nbsp;&nbsp; $29.55 | &nbsp;&nbsp; $18.19 | &nbsp;&nbsp; $20.78 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.15 | &nbsp;&nbsp;&nbsp;&nbsp;0.31 | 0.29 | 0.27 | 0.24 | 0.18 |
| Net Gains (Losses) on Securities (Realized and <br> Unrealized) <br>| &nbsp;&nbsp; (2.87)<br>| &nbsp;&nbsp;&nbsp;&nbsp;6.51 | &nbsp;&nbsp; (1.39)<br>| &nbsp;&nbsp; (2.41)<br>| 11.37 | &nbsp;&nbsp; (2.18)<br>|
| Total from Investment Operations  | &nbsp;&nbsp; (2.72)<br>| &nbsp;&nbsp;&nbsp;&nbsp;6.82 | &nbsp;&nbsp; (1.10)<br>| &nbsp;&nbsp; (2.14)<br>| 11.61 | &nbsp;&nbsp; (2.00)<br>|
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | &nbsp;&nbsp; (0.14)<br>| &nbsp;&nbsp;&nbsp; (0.29)<br>| &nbsp;&nbsp; (0.28)<br>| &nbsp;&nbsp; (0.26)<br>| &nbsp;&nbsp; (0.25)<br>| &nbsp;&nbsp; (0.16)<br>|
| Net Realized Gains  | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (0.38)<br>| &nbsp;&nbsp; (0.93)<br>| &nbsp;&nbsp; (2.70)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (0.43)<br>|
| Total Distributions  | &nbsp;&nbsp; (0.14)<br>| &nbsp;&nbsp;&nbsp; (0.67)<br>| &nbsp;&nbsp; (1.21)<br>| &nbsp;&nbsp; (2.96)<br>| &nbsp;&nbsp; (0.25)<br>| &nbsp;&nbsp; (0.59)<br>|
| Net Asset Value, End of Period | &nbsp;&nbsp; $25.43 | &nbsp;&nbsp;&nbsp; $28.29 | &nbsp;&nbsp; $22.14 | &nbsp;&nbsp; $24.45 | &nbsp;&nbsp; $29.55 | &nbsp;&nbsp; $18.19 |
| Total Return  | &nbsp;&nbsp; (9.66<br> %)(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 31.12<br> %<br>| &nbsp;&nbsp; (4.74<br> %)<br>| &nbsp;&nbsp; (7.93<br> %)<br>| 64.00<br> %<br>| &nbsp;&nbsp; (9.87<br> %)<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $5981763 | &nbsp;&nbsp;&nbsp; $7385079 | &nbsp;&nbsp; $6023413 | &nbsp;&nbsp; $6475434 | &nbsp;&nbsp; $7453865 | &nbsp;&nbsp; $5120258 |
| Ratio of Expenses to Average Net Assets  | 0.42<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.41<br> %<br>| 0.41<br> %<br>| 0.41<br> %<br>| 0.46<br> %<br>| 0.52<br> %<br>|
| Ratio of Expenses to Average Net Assets (Excluding <br> Fees Waived, Expenses Reimbursed) <br>| 0.42<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.41<br> %<br>| 0.41<br> %<br>| 0.41<br> %<br>| 0.46<br> %<br>| 0.52<br> %<br>|
| Ratio of Net Investment Income to Average Net <br> Assets <br>| 1.10<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1.17<br> %<br>| 1.22<br> %<br>| 1.08<br> %<br>| 0.90<br> %<br>| 1.00<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; 2<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 9<br> %<br>| &nbsp;&nbsp; 22<br> %<br>| &nbsp;&nbsp; 22<br> %<br>| &nbsp;&nbsp; 20<br> %<br>| &nbsp;&nbsp; 11<br> %<br>|

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **U.S. High Relative Profitability Portfolio** | **U.S. High Relative Profitability Portfolio** | **U.S. High Relative Profitability Portfolio** | **U.S. High Relative Profitability Portfolio** | **U.S. High Relative Profitability Portfolio** | **U.S. High Relative Profitability Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | &nbsp;&nbsp; $24.28 | &nbsp;&nbsp;&nbsp; $18.07 | &nbsp;&nbsp; $17.23 | &nbsp;&nbsp; $19.51 | &nbsp;&nbsp; $14.61 | &nbsp;&nbsp; $13.51 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.15 | &nbsp;&nbsp;&nbsp;&nbsp;0.32 | 0.32 | 0.29 | 0.26 | 0.25 |
| Net Gains (Losses) on Securities (Realized and <br> Unrealized) <br>| &nbsp;&nbsp; (0.79)<br>| &nbsp;&nbsp;&nbsp;&nbsp;6.19 | 1.17 | &nbsp;&nbsp; (1.91)<br>| 4.89 | 1.07 |
| Total from Investment Operations  | &nbsp;&nbsp; (0.64)<br>| &nbsp;&nbsp;&nbsp;&nbsp;6.51 | 1.49 | &nbsp;&nbsp; (1.62)<br>| 5.15 | 1.32 |
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | &nbsp;&nbsp; (0.13)<br>| &nbsp;&nbsp;&nbsp; (0.30)<br>| &nbsp;&nbsp; (0.30)<br>| &nbsp;&nbsp; (0.27)<br>| &nbsp;&nbsp; (0.25)<br>| &nbsp;&nbsp; (0.22)<br>|
| Net Realized Gains  | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; (0.35)<br>| &nbsp;&nbsp; (0.39)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Distributions  | &nbsp;&nbsp; (0.13)<br>| &nbsp;&nbsp;&nbsp; (0.30)<br>| &nbsp;&nbsp; (0.65)<br>| &nbsp;&nbsp; (0.66)<br>| &nbsp;&nbsp; (0.25)<br>| &nbsp;&nbsp; (0.22)<br>|
| Net Asset Value, End of Period | &nbsp;&nbsp; $23.51 | &nbsp;&nbsp;&nbsp; $24.28 | &nbsp;&nbsp; $18.07 | &nbsp;&nbsp; $17.23 | &nbsp;&nbsp; $19.51 | &nbsp;&nbsp; $14.61 |
| Total Return  | &nbsp;&nbsp; (2.65<br> %)(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 36.16<br> %<br>| 8.67<br> %<br>| &nbsp;&nbsp; (8.55<br> %)<br>| 35.42<br> %<br>| 9.90<br> %<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $4945294 | &nbsp;&nbsp;&nbsp; $5286558 | &nbsp;&nbsp; $4374113 | &nbsp;&nbsp; $4662298 | &nbsp;&nbsp; $5835637 | &nbsp;&nbsp; $3629125 |
| Ratio of Expenses to Average Net Assets  | 0.22<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.23<br> %<br>| 0.23<br> %<br>| 0.23<br> %<br>| 0.24<br> %<br>| 0.25<br> %<br>|
| Ratio of Expenses to Average Net Assets (Excluding <br> Fees Waived, Expenses Reimbursed by Advisor) <br>| 0.22<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.23<br> %<br>| 0.23<br> %<br>| 0.23<br> %<br>| 0.24<br> %<br>| 0.25<br> %<br>|
| Ratio of Net Investment Income to Average Net <br> Assets <br>| 1.25<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1.45<br> %<br>| 1.78<br> %<br>| 1.61<br> %<br>| 1.46<br> %<br>| 1.76<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; 5<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 13<br> %<br>| &nbsp;&nbsp; 12<br> %<br>| &nbsp;&nbsp; 20<br> %<br>| &nbsp;&nbsp; 12<br> %<br>| &nbsp;&nbsp; — |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **DFA Real Estate Securities Portfolio** | **DFA Real Estate Securities Portfolio** | **DFA Real Estate Securities Portfolio** | **DFA Real Estate Securities Portfolio** | **DFA Real Estate Securities Portfolio** | **DFA Real Estate Securities Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | &nbsp;&nbsp; $42.80 | &nbsp;&nbsp;&nbsp; $33.10 | &nbsp;&nbsp; $38.39 | &nbsp;&nbsp; $48.90 | &nbsp;&nbsp; $34.21 | &nbsp;&nbsp; $41.90 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.68 | &nbsp;&nbsp;&nbsp;&nbsp;1.30 | 1.26 | 0.89 | 0.90 | 1.01 |
| Net Gains (Losses) on Securities (Realized and <br> Unrealized) <br>| &nbsp;&nbsp; (2.33)<br>| &nbsp;&nbsp;&nbsp;&nbsp;9.87 | &nbsp;&nbsp; (4.00)<br>| &nbsp;&nbsp; (10.10)<br>| 14.86 | &nbsp;&nbsp; (7.77)<br>|
| Total from Investment Operations  | &nbsp;&nbsp; (1.65)<br>| &nbsp;&nbsp;&nbsp;&nbsp;11.17 | &nbsp;&nbsp; (2.74)<br>| &nbsp;&nbsp; (9.21)<br>| 15.76 | &nbsp;&nbsp; (6.76)<br>|
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | &nbsp;&nbsp; (0.81)<br>| &nbsp;&nbsp;&nbsp; (1.30)<br>| &nbsp;&nbsp; (1.22)<br>| &nbsp;&nbsp; (0.79)<br>| &nbsp;&nbsp; (0.95)<br>| &nbsp;&nbsp; (0.87)<br>|
| Net Realized Gains  | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (0.17)<br>| &nbsp;&nbsp; (1.33)<br>| &nbsp;&nbsp; (0.51)<br>| &nbsp;&nbsp; (0.12)<br>| &nbsp;&nbsp; (0.06)<br>|
| Total Distributions  | &nbsp;&nbsp; (0.81)<br>| &nbsp;&nbsp;&nbsp; (1.47)<br>| &nbsp;&nbsp; (2.55)<br>| &nbsp;&nbsp; (1.30)<br>| &nbsp;&nbsp; (1.07)<br>| &nbsp;&nbsp; (0.93)<br>|
| Net Asset Value, End of Period | &nbsp;&nbsp; $40.34 | &nbsp;&nbsp;&nbsp; $42.80 | &nbsp;&nbsp; $33.10 | &nbsp;&nbsp; $38.39 | &nbsp;&nbsp; $48.90 | &nbsp;&nbsp; $34.21 |
| Total Return  | &nbsp;&nbsp; (3.92<br> %)(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 34.33<br> %<br>| &nbsp;&nbsp; (7.83<br> %)<br>| &nbsp;&nbsp; (19.38<br> %)<br>| 47.01<br> %<br>| &nbsp;&nbsp; (16.27<br> %)<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $6934669 | &nbsp;&nbsp;&nbsp; $7478822 | &nbsp;&nbsp; $6342029 | &nbsp;&nbsp; $8068926 | &nbsp;&nbsp; $11215098 | &nbsp;&nbsp; $8137555 |
| Ratio of Expenses to Average Net Assets  | 0.18<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.18<br> %<br>| 0.18<br> %<br>| 0.18<br> %<br>| 0.18<br> %<br>| 0.18<br> %<br>|
| Ratio of Expenses to Average Net Assets (Excluding <br> Fees Waived, Expenses Reimbursed by Advisor) <br>| 0.20<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.20<br> %<br>| 0.20<br> %<br>| 0.20<br> %<br>| 0.20<br> %<br>| 0.20<br> %<br>|
| Ratio of Net Investment Income to Average Net <br> Assets <br>| 3.43<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 3.34<br> %<br>| 3.39<br> %<br>| 1.96<br> %<br>| 2.12<br> %<br>| 2.73<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; 3<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 4<br> %<br>| &nbsp;&nbsp; 3<br> %<br>| &nbsp;&nbsp; 3<br> %<br>| &nbsp;&nbsp; 5<br> %<br>| &nbsp;&nbsp; 5<br> %<br>|

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**NOTES TO FINANCIAL STATEMENTS**

**(Unaudited)**

**A. Organization:** 

DFA Investment Dimensions Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940 (the "1940 Act"), whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of one hundred and two operational portfolios as of April 30, 2025, of which twelve (the "Portfolios") are included in this section of the report. The remaining operational portfolios are presented in separate reports. The Portfolios are investment companies, and accordingly, follow the accounting and reporting guidance under the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC"), Topic 946, "Financial Services-Investment Companies."

Of the Portfolios, one (the "Feeder Fund") invests all of its assets in a corresponding series (the "Master Fund") of The DFA Investment Trust Company ("DFAITC"). As of April 30, 2025, the Feeder Fund was the owner of record of the approximate percentage of the total outstanding shares of the Master Fund as detailed below:

---

| | | |
|:---|:---|:---|
| **Feeder Fund** | **Master Fund** | **Percentage**<br> **Ownership**<br> **at 04/30/25**<br>|
| U.S. Large Cap Value Portfolio | The U.S. Large Cap Value Series | &nbsp;&nbsp; 86% |

---

To achieve its investment objective, the Feeder Fund invests substantially all of its assets in the Master Fund as indicated above. The Feeder Fund also invests in short-term temporary cash investments and futures.

The financial statements of the Master Fund are included elsewhere in this report and should be read in conjunction with the financial statements of the Feeder Fund.

**B. Significant Accounting Policies:**

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America ("GAAP"). Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates, and those differences could be material.

1. Security Valuation: The Portfolios use a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 1 – inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 3 – significant unobservable inputs (including the Portfolios' own assumptions in determining the fair value of investments)

Securities held by Enhanced U.S. Large Company Portfolio, U.S. Large Cap Equity Portfolio, U.S. Targeted Value Portfolio, U.S. Small Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Core Equity 2 Portfolio, U.S. Vector Equity Portfolio, U.S. Small Cap Portfolio, U.S. Micro Cap Portfolio, DFA Real Estate Securities Portfolio and U.S. High Relative Profitability Portfolio (collectively, the "Domestic Equity Portfolios") including over-the-counter ("OTC") securities, are valued at the last quoted sale price of the day. Securities held by the

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Domestic Equity Portfolios that are listed on Nasdaq are valued at the Nasdaq Official Closing Price ("NOCP"). If there is no last reported sale price or NOCP for the day, the Domestic Equity Portfolios value the securities at the mean between the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange. These securities are generally categorized as Level 1 in the hierarchy. The investment in The DFA Short Term Investment Fund (the "Short Term Series"), which is an open-end management investment company available for purchase only by the Portfolios and affiliated funds, is categorized as Level 2 in the hierarchy.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Directors of the Fund (the "Board"). Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP (the "Advisor")) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the Domestic Equity Portfolios may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

Debt securities held by the Portfolios are valued on the basis of evaluated prices provided by one or more pricing services or other reasonably reliable sources including broker/dealers that typically handle the purchase and sale of such securities. Securities that are traded OTC and on a stock exchange generally will be valued according to the broadest and most representative market, and it is expected that for bonds and other fixed income securities, this ordinarily will be the OTC market. These valuations are generally categorized as Level 2 or Level 3 in the hierarchy.

Listed derivatives, such as futures, that are actively traded are valued based on quoted prices from the exchange and are categorized as Level 1 in the hierarchy. OTC derivative contracts, which include forward currency contracts, do not require material subjectivity as pricing inputs are observed from quoted markets and are categorized as Level 2 in the hierarchy.

Shares held by the Portfolios in other investment companies (such as the Master Fund) are valued at their respective daily net asset values as reported by their administrator. The Feeder Fund's investment in the Master Fund reflects its proportionate interest in the net assets of the Master Fund. These valuations are classified as Level 1 in the hierarchy.

A summary of the inputs used to value the Portfolios' investments by each major security type, industry and/or country is disclosed previously in this note. A valuation hierarchy table has been included at the end of the Schedules of Investments (except for the Feeder Fund). The methodology or inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

2. Foreign Currency Translation: Securities and other assets and liabilities of the Enhanced U.S. Large Company Portfolio whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate the translation, the Portfolio enters into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked-to-market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement. The Portfolio also enters into forward currency contracts solely for the purpose of hedging against fluctuations in currency exchange rates. These contracts are marked-to-market daily based on daily forward exchange rates.

The Enhanced U.S. Large Company Portfolio isolates the effect of foreign currency rate fluctuations when determining the realized gain or loss upon the sale or maturity of foreign currency-denominated debt obligations pursuant to U.S. Federal income tax regulations; such amounts are categorized as foreign exchange gain or loss for income tax reporting purposes.

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Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates of securities transactions, and the difference between amounts of interest, dividends and any foreign withholding taxes recorded on the books of the Enhanced U.S. Large Company Portfolio and the U.S. dollar equivalent amounts actually received or paid.

3. Deferred Compensation Plan: Each eligible Director of the Fund may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds, each of which are affiliates of the Portfolios, and advised by the Advisor: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company Portfolio, U.S. Vector Equity Portfolio, U.S. Micro Cap Portfolio, DFA International Value Portfolio, International Core Equity 2 Portfolio, Emerging Markets Portfolio, Emerging Markets Core Equity 2 Portfolio, DFA Inflation-Protected Securities Portfolio, and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors'/Trustees' Fees & Expenses.

The Directors may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Director shall have the right in a notice of election (the "Notice") to defer the receipt of the Director's deferred compensation until a date specified by such Director in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board; and (ii) five years following the effective date of the Director's first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director's deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board (unless the Director files an amended Notice selecting a different distribution date).

4. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities/affiliated investment companies and foreign currency are accounted for on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. Distributions received on securities and from the investment in affiliated investment companies that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Portfolios estimate the character of received distributions that may be considered return of capital distributions. Interest income is recorded on an accrual basis. Discount and premium on debt securities purchased are amortized over the lives of the respective securities, using the effective interest method. Expenses directly attributable to a Portfolio are directly charged. Common expenses of the Fund or the Portfolios are allocated using methods approved by the Board, generally based on average net assets.

Organizational costs are expensed during the fiscal year of inception of the Portfolios. Offering costs are amortized over a twelve-month period from the inception of the Portfolios.

The Feeder Fund recognizes its pro-rata shares of net investment income and realized and unrealized gains/losses on a daily basis from its Master Fund within DFAITC, which is treated as a partnership for federal income tax purposes.

The Portfolios may be subject to taxes imposed by countries in which they invest with respect to their investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The Portfolios accrue such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental approval for the repatriation of investment income, capital or the proceeds of sales earned by foreign investors. Additionally, if there is a deterioration in a country's balance of payments or for other reasons, a country may impose temporary restrictions on foreign capital remittances abroad.

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

**C. Investment Advisor:**

The Advisor provides investment management services to the Portfolios. For the six months ended April 30, 2025, the Portfolios' investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

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| | |
|:---|:---|
| Enhanced U.S. Large Company Portfolio | 0.12<br> %<br>|
| U.S. Large Cap Equity Portfolio | 0.10<br> %<br>|
| U.S. Large Cap Value Portfolio | 0.19<br> %<br>|
| U.S. Targeted Value Portfolio | 0.27<br> %<br>|
| U.S. Small Cap Value Portfolio | 0.28<br> %<br>|
| U.S. Core Equity 1 Portfolio | 0.12<br> %<br>|
| U.S. Core Equity 2 Portfolio | 0.16<br> %<br>|
| U.S. Vector Equity Portfolio | 0.23<br> %\*<br>|
| U.S. Small Cap Portfolio | 0.25<br> %<br>|
| U.S. Micro Cap Portfolio | 0.38<br> %<br>|
| U.S. High Relative Profitability Portfolio | 0.19<br> %<br>|
| DFA Real Estate Securities Portfolio | 0.17<br> %<br>|

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

\* Effective as of February 28, 2025, the investment management fee payable by the U.S. Vector Equity Portfolio was reduced from 0.25% to 0.20%. 

Pursuant to Amended and Restated Fee Waiver and/or Expense Assumption Agreements (each, a "Fee Waiver Agreement"), the Advisor has contractually agreed to waive certain fees, and in certain instances, assume certain expenses of the Portfolios, as described in the notes below. The Fee Waiver Agreements for the non-feeder Portfolios will remain in effect through February 28, 2026, may only be terminated by the Fund's Board of Directors prior to that date and shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. The Fee Waiver Agreement with respect to the total management fees paid by the Feeder Fund, as described in the notes below, will remain in effect permanently, unless terminated by the Fund. During the six months ended April 30, 2025, the non-feeder Portfolios had expense limits based on a percentage of average net assets on an annualized basis, as listed below. At any time that the Portfolio Expenses (defined below) of a class of a non-feeder Portfolio are less than the applicable Expense Limitation Amount listed below, the Advisor retains the right to recover fees previously waived and/or expenses previously assumed to the extent that the expense ratio following such recovery would be less than the Expense Limitation Amount that was in place when such prior year fees were waived and/or expenses assumed, and less than the current Expense Limitation Amount in place for the Portfolio. The recovered previously waived fees/assumed expenses during the six months ended April 30, 2025, waived fees/assumed expenses during the six months ended April 30, 2025, and previously waived fees/assumed expenses subject to future recovery by the Advisor, are reflected below (amounts in thousands). The Advisor, however, will not be reimbursed by the Feeder Fund in connection with its Permanent Fee Waiver (defined below). The Fund, on behalf of a Portfolio, is also not obligated to reimburse the Advisor for fees previously waived or expenses previously assumed by the Advisor more than thirty-six months before the date of recovery.

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| | | | | |
|:---|:---|:---|:---|:---|
| **Institutional Class Shares**  | **Expense**<br> **Limitation**<br> **Amount**<br>| **Total**<br> **Management**<br> **Fee Limit**<br>| **Recovery**<br> **of Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br>| **Waived Fees/**<br> **Assumed**<br> **Expenses**<br>|
| Enhanced U.S. Large Company Portfolio (1) | 0.15<br> %<br>|  |  | $38 |
| U.S. Large Cap Equity Portfolio (1) | 0.19<br> %<br>|  |  |  |
| U.S. Large Cap Value Portfolio (2) | &nbsp;&nbsp; — | 0.19<br> %<br>|  | 11998 |
| U.S. Targeted Value Portfolio (1) | 0.29<br> %<br>|  | $5 | 542 |
| U.S. Core Equity 1 Portfolio (1) | 0.23<br> %<br>|  |  |  |
| U.S. Core Equity 2 Portfolio (1) | 0.18<br> %<br>|  |  | 1598 |

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| | | | | |
|:---|:---|:---|:---|:---|
| **Institutional Class Shares**  | **Expense**<br> **Limitation**<br> **Amount**<br>| **Total**<br> **Management**<br> **Fee Limit**<br>| **Recovery**<br> **of Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br>| **Waived Fees/**<br> **Assumed**<br> **Expenses**<br>|
| U.S. Vector Equity Portfolio (1) | 0.36<br> %<br>|  |  |  |
| U.S. Small Cap Portfolio (1) | 0.27<br> %<br>|  |  | $663 |
| U.S. High Relative Profitability Portfolio (3) | 0.22<br> %<br>|  |  | 54 |
| DFA Real Estate Securities Portfolio (1) | 0.18<br> %<br>|  |  | 739 |

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

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| |
|:---|
| (1) The Advisor has contractually agreed to waive all or a portion of its management fee and assume the Portfolio's ordinary operating <br> expenses (excluding the expenses the Portfolio incurs indirectly through investment in other investment companies) ("Portfolio Expenses") to the <br> extent necessary to limit the Portfolio Expenses of the Portfolio to the rate listed above as a percentage of average net assets on an annualized <br> basis (the "Expense Limitation Amount"). Prior to February 28, 2024, the Expense Limitation Amount for the U.S. Targeted Value Portfolio and <br> the U.S. Core Equity 2 Portfolio was 0.50% and 0.26%, respectively. Prior to February 28, 2024, the U.S. Small Cap Portfolio did not have a Fee <br> Waiver Agreement. <br>|
| (2) The Advisor has contractually agreed to permanently waive all or a portion of the management fee of the Portfolio to the extent <br> necessary to limit the total management fees paid to the Advisor by the Portfolio, including the proportionate share of the management fees the <br> Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment <br> of securities lending cash collateral in the Short Term Series, to the rate listed above as a percentage of the average net assets of a class of the <br> Portfolio on an annualized basis (the "Permanent Fee Waiver"). <br>|
| (3) The Advisor has contractually agreed to waive all or a portion of its management fee and to assume the ordinary operating expenses <br> of a class of the Portfolio (including the expenses that the Portfolio bears as a shareholder of other funds managed by the Advisor, excluding <br> money market funds and the Short Term Series, but excluding the expenses that the Portfolio incurs indirectly through its investment in <br> unaffiliated investment companies) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of a class of the Portfolio to the <br> rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the "Expense Limitation Amount"). <br> Prior to February 28, 2025, the Expense Limitation Amount for the U.S. High Relative Profitability Portfolio was 0.25%.<br>|

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

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** |
|  | **10/31/2025** | **10/31/2026** | **10/31/2027** | **4/30/2028** | **Total** |
| Enhanced U.S. Large Company Portfolio | &nbsp;&nbsp; $49 | $80 | $69 | $38 | $236 |
| U.S. Targeted Value Portfolio | &nbsp;&nbsp; — |  | 603 | 542 | 1145 |
| U.S. Core Equity 2 Portfolio | &nbsp;&nbsp; — |  | 2806 | 1598 | 4404 |
| U.S. Small Cap Portfolio | &nbsp;&nbsp; — |  | 771 | 663 | 1434 |
| U.S. High Relative Profitability Portfolio | &nbsp;&nbsp; — |  |  | 54 | 54 |
| DFA Real Estate Securities Portfolio | &nbsp;&nbsp; 831 | 1814 | 1525 | 739 | 4909 |

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**Fees Paid to Officers and Directors/Trustees:**

Certain Officers and Directors of the Advisor are also Officers and Directors of the Fund; however, such Officers and Directors (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the six months ended April 30, 2025, the total related amount paid by the Fund to the CCO was $100 (in thousands). The total related amounts paid by each of the Portfolios are included in Other Expenses on the Statements of Operations.

**D. Deferred Compensation:** 

As of April 30, 2025, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statements of Assets and Liabilities as follows (amounts in thousands):

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| | |
|:---|:---|
| Enhanced U.S. Large Company Portfolio | &nbsp;&nbsp; $4 |
| U.S. Large Cap Equity Portfolio | &nbsp;&nbsp; 5 |

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| | |
|:---|:---|
| U.S. Large Cap Value Portfolio | &nbsp;&nbsp; $190 |
| U.S. Targeted Value Portfolio | &nbsp;&nbsp; 60 |
| U.S. Small Cap Value Portfolio | &nbsp;&nbsp; 180 |
| U.S. Core Equity 1 Portfolio | &nbsp;&nbsp; 93 |
| U.S. Core Equity 2 Portfolio | &nbsp;&nbsp; 105 |
| U.S. Vector Equity Portfolio | &nbsp;&nbsp; 41 |
| U.S. Small Cap Portfolio | &nbsp;&nbsp; 121 |
| U.S. Micro Cap Portfolio | &nbsp;&nbsp; 81 |
| U.S. High Relative Profitability Portfolio | &nbsp;&nbsp; 15 |
| DFA Real Estate Securities Portfolio | &nbsp;&nbsp; 53 |

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**E. Purchases and Sales of Securities:** 

For the six months ended April 30, 2025, the Portfolios' transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. government securities (with respect to the Domestic Equity Portfolios other than the Enhanced U.S. Large Company Portfolio) (amounts in thousands), were as follows:

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| | | | |
|:---|:---|:---|:---|
|  | **U.S. Government Securities**  | **Other Investment Securities** | **Other Investment Securities** |
|  | **Sales**  | **Purchases**  | **Sales**  |
| Enhanced U.S. Large Company Portfolio | &nbsp;&nbsp; $17918 | &nbsp;&nbsp; $36626 | &nbsp;&nbsp; $59951 |
| U.S. Large Cap Equity Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; 457045 | &nbsp;&nbsp; 99737 |
| U.S. Targeted Value Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; 1979891 | &nbsp;&nbsp; 541591 |
| U.S. Small Cap Value Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; 1886594 | &nbsp;&nbsp; 411333 |
| U.S. Core Equity 1 Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; 184932 | &nbsp;&nbsp; 673880 |
| U.S. Core Equity 2 Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; 451032 | &nbsp;&nbsp; 1137023 |
| U.S. Vector Equity Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; 679506 | &nbsp;&nbsp; 233045 |
| U.S. Small Cap Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; 1587224 | &nbsp;&nbsp; 370641 |
| U.S. Micro Cap Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; 907580 | &nbsp;&nbsp; 166198 |
| U.S. High Relative Profitability Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; 486656 | &nbsp;&nbsp; 272797 |
| DFA Real Estate Securities Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; 247196 | &nbsp;&nbsp; 194545 |

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There were no purchases or sales of long-term U.S. government securities by the Portfolios other than the Enhanced U.S. Large Company Portfolio.

For the six months ended April 30, 2025, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

The amounts presented below may differ from the respective amounts presented in the corresponding Schedules of Investments, Statements of Assets and Liabilities or Statements of Operations due to rounding. The amounts are as follows (amounts in thousands):

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at**<br> **October 31, 2024**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Net Realized**<br> **Gain/(Loss)**<br> **on Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation/**<br> **Depreciation**<br>| **Balance at**<br> **April 30, 2025**<br>| **Shares as of**<br> **April 30, 2025**<br>| **Dividend**<br> **Income**<br>| **Capital Gain**<br> **Distributions**<br>|
| **Enhanced U.S. Large Company** <br> **Portfolio**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term Investment <br> Fund<br>| $276 | $19600 | $19571 |  |  | $305 | 26 | $36 |  |
| **Total** | **$276** | **$19600** | **$19571** | **—** | **—** | **$305** |  | **$36** | **—** |

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at**<br> **October 31, 2024**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Net Realized**<br> **Gain/(Loss)**<br> **on Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation/**<br> **Depreciation**<br>| **Balance at**<br> **April 30, 2025**<br>| **Shares as of**<br> **April 30, 2025**<br>| **Dividend**<br> **Income**<br>| **Capital Gain**<br> **Distributions**<br>|
| **U.S. Large Cap Equity Portfolio** |  |  |  |  |  |  |  |  |  |
| The DFA Short Term Investment <br> Fund<br>| $18184 | $186118 | $170346 | $(2)<br>|  | $33954 | 2936 | $311 |  |
| **Total** | **$18184** | **$186118** | **$170346** | **$(2)**<br>| **—** | **$33954** |  | **$311** | **—** |
| **U.S. Targeted Value Portfolio** |  |  |  |  |  |  |  |  |  |
| The DFA Short Term Investment <br> Fund<br>| $921256 | $2090715 | $2257671 | $40 | $(75)<br>| $754265 | 65220 | $15809 |  |
| **Total** | **$921256** | **$2090715** | **$2257671** | **$40** | **$(75)**<br>| **$754265** |  | **$15809** | **—** |
| **U.S. Small Cap Value Portfolio** |  |  |  |  |  |  |  |  |  |
| The DFA Short Term Investment <br> Fund<br>| $944174 | $2558036 | $2789098 | $36 | $(70)<br>| $713078 | 61658 | $19033 |  |
| **Total** | **$944174** | **$2558036** | **$2789098** | **$36** | **$(70)**<br>| **$713078** |  | **$19033** | **—** |
| **U.S. Core Equity 1 Portfolio** |  |  |  |  |  |  |  |  |  |
| The DFA Short Term Investment <br> Fund<br>| $954755 | $4130514 | $3751032 | $11 | $(133)<br>| $1334115 | 115358 | $20229 |  |
| **Total** | **$954755** | **$4130514** | **$3751032** | **$11** | **$(133)**<br>| **$1334115** |  | **$20229** | **—** |
| **U.S. Core Equity 2 Portfolio** |  |  |  |  |  |  |  |  |  |
| The DFA Short Term Investment <br> Fund<br>| $988342 | $3726011 | $3587616 | $(20)<br>| $(98)<br>| $1126619 | 97416 | $18203 |  |
| **Total** | **$988342** | **$3726011** | **$3587616** | **$(20)**<br>| **$(98)**<br>| **$1126619** |  | **$18203** | **—** |
| **U.S. Vector Equity Portfolio** |  |  |  |  |  |  |  |  |  |
| The DFA Short Term Investment <br> Fund<br>| $64525 | $448174 | $437405 | $2 | $(8)<br>| $75288 | 6510 | $2122 |  |
| **Total** | **$64525** | **$448174** | **$437405** | **$2** | **$(8)**<br>| **$75288** |  | **$2122** | **—** |
| **U.S. Small Cap Portfolio** |  |  |  |  |  |  |  |  |  |
| The DFA Short Term Investment <br> Fund<br>| $1135690 | $3087295 | $2925177 | $55 | $(175)<br>| $1297688 | 112208 | $27065 |  |
| **Total** | **$1135690** | **$3087295** | **$2925177** | **$55** | **$(175)**<br>| **$1297688** |  | **$27065** | **—** |
| **U.S. Micro Cap Portfolio** |  |  |  |  |  |  |  |  |  |
| The DFA Short Term Investment <br> Fund<br>| $356396 | $1273230 | $1127751 | $20 | $(70)<br>| $501825 | 43392 | $9718 |  |
| **Total** | **$356396** | **$1273230** | **$1127751** | **$20** | **$(70)**<br>| **$501825** |  | **$9718** | **—** |
| **U.S. High Relative Profitability** <br> **Portfolio**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term Investment <br> Fund<br>| $18839 | $497450 | $470596 | $(4)<br>|  | $45689 | 3951 | $711 |  |
| **Total** | **$18839** | **$497450** | **$470596** | **$(4)**<br>| **—** | **$45689** |  | **$711** | **—** |

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at**<br> **October 31, 2024**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Net Realized**<br> **Gain/(Loss)**<br> **on Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation/**<br> **Depreciation**<br>| **Balance at**<br> **April 30, 2025**<br>| **Shares as of**<br> **April 30, 2025**<br>| **Dividend**<br> **Income**<br>| **Capital Gain**<br> **Distributions**<br>|
| **DFA Real Estate Securities** <br> **Portfolio**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term Investment <br> Fund<br>| $61164 | $808502 | $660772 | $(8)<br>| $(24)<br>| $208862 | 18060 | $2610 |  |
| **Total** | **$61164** | **$808502** | **$660772** | **$(8)**<br>| **$(24)**<br>| **$208862** |  | **$2610** | **—** |

---

**F. Federal Income Taxes:** 

Each Portfolio has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to its shareholders. Accordingly, no provision has been made for federal income taxes.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under GAAP. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings, undistributed net investment income, accumulated net realized gains or losses, or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2024, can occur as a result of realized gains on securities considered to be "passive foreign investment companies," non-deductible expenses, the use of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes, net foreign currency gains/losses, redemption in-kind transactions, distributions received from real estate investment trusts and distribution redesignations, and were reclassified to the accounts mentioned above. These reclassifications had no effect on net assets or net asset value per share.

The tax character of dividends and distributions declared and paid during the years ended October 31, 2023, and October 31, 2024, were as follows (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Long-Term**<br> **Capital Gains**<br>| **Total** |
| Enhanced U.S. Large Company Portfolio |  |  |  |
| 2023 | &nbsp;&nbsp; $6552 | &nbsp;&nbsp; — | &nbsp;&nbsp; $6552 |
| 2024 | &nbsp;&nbsp; 8395 | &nbsp;&nbsp; — | &nbsp;&nbsp; 8395 |
| U.S. Large Cap Equity Portfolio |  |  |  |
| 2023 | &nbsp;&nbsp; 22527 | &nbsp;&nbsp; $50248 | &nbsp;&nbsp; 72775 |
| 2024 | &nbsp;&nbsp; 22280 | &nbsp;&nbsp; 60515 | &nbsp;&nbsp; 82795 |
| U.S. Large Cap Value Portfolio |  |  |  |
| 2023 | &nbsp;&nbsp; 470186 | &nbsp;&nbsp; 566417 | &nbsp;&nbsp; 1036603 |
| 2024 | &nbsp;&nbsp; 461652 | &nbsp;&nbsp; 387138 | &nbsp;&nbsp; 848790 |
| U.S. Targeted Value Portfolio |  |  |  |
| 2023 | &nbsp;&nbsp; 185456 | &nbsp;&nbsp; 428911 | &nbsp;&nbsp; 614367 |
| 2024 | &nbsp;&nbsp; 194952 | &nbsp;&nbsp; 107197 | &nbsp;&nbsp; 302149 |
| U.S. Small Cap Value Portfolio |  |  |  |
| 2023 | &nbsp;&nbsp; 232902 | &nbsp;&nbsp; 712311 | &nbsp;&nbsp; 945213 |
| 2024 | &nbsp;&nbsp; 239921 | &nbsp;&nbsp; 321807 | &nbsp;&nbsp; 561728 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Long-Term**<br> **Capital Gains**<br>| **Total** |
| U.S. Core Equity 1 Portfolio |  |  |  |
| 2023 | &nbsp;&nbsp; $427511 | &nbsp;&nbsp; $673231 | &nbsp;&nbsp; $1100742 |
| 2024 | &nbsp;&nbsp; 452135 | &nbsp;&nbsp; — | &nbsp;&nbsp; 452135 |
| U.S. Core Equity 2 Portfolio |  |  |  |
| 2023 | &nbsp;&nbsp; 433372 | &nbsp;&nbsp; 817058 | &nbsp;&nbsp; 1250430 |
| 2024 | &nbsp;&nbsp; 417322 | &nbsp;&nbsp; 128873 | &nbsp;&nbsp; 546195 |
| U.S. Vector Equity Portfolio |  |  |  |
| 2023 | &nbsp;&nbsp; 66344 | &nbsp;&nbsp; 143188 | &nbsp;&nbsp; 209532 |
| 2024 | &nbsp;&nbsp; 66001 | &nbsp;&nbsp; 89729 | &nbsp;&nbsp; 155730 |
| U.S. Small Cap Portfolio |  |  |  |
| 2023 | &nbsp;&nbsp; 172046 | &nbsp;&nbsp; 525083 | &nbsp;&nbsp; 697129 |
| 2024 | &nbsp;&nbsp; 180087 | &nbsp;&nbsp; 195630 | &nbsp;&nbsp; 375717 |
| U.S. Micro Cap Portfolio |  |  |  |
| 2023 | &nbsp;&nbsp; 74896 | &nbsp;&nbsp; 245317 | &nbsp;&nbsp; 320213 |
| 2024 | &nbsp;&nbsp; 77557 | &nbsp;&nbsp; 101539 | &nbsp;&nbsp; 179096 |
| U.S. High Relative Profitability Portfolio |  |  |  |
| 2023 | &nbsp;&nbsp; 75263 | &nbsp;&nbsp; 91497 | &nbsp;&nbsp; 166760 |
| 2024 | &nbsp;&nbsp; 68461 | &nbsp;&nbsp; — | &nbsp;&nbsp; 68461 |
| DFA Real Estate Securities Portfolio |  |  |  |
| 2023 | &nbsp;&nbsp; 248798 | &nbsp;&nbsp; 275577 | &nbsp;&nbsp; 524375 |
| 2024 | &nbsp;&nbsp; 238502 | &nbsp;&nbsp; 31436 | &nbsp;&nbsp; 269938 |

---

As of October 31, 2024, the following net investment income and short-term capital gains and long-term capital gains distributions designated for federal income tax purposes are due to the use of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Long-Term**<br> **Capital Gains**<br>| **Total** |
| Enhanced U.S. Large Company Portfolio | &nbsp;&nbsp; $(587)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; $(587)<br>|
| U.S. Large Cap Equity Portfolio | &nbsp;&nbsp; (1890)<br>| &nbsp;&nbsp; $(14779)<br>| &nbsp;&nbsp; (16669)<br>|
| U.S. Large Cap Value Portfolio | &nbsp;&nbsp; (45963)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (45963)<br>|
| U.S. Targeted Value Portfolio | &nbsp;&nbsp; (10900)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (10900)<br>|
| U.S. Small Cap Value Portfolio | &nbsp;&nbsp; (12526)<br>| &nbsp;&nbsp; (348873)<br>| &nbsp;&nbsp; (361399)<br>|
| U.S. Core Equity 1 Portfolio | &nbsp;&nbsp; (36714)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (36714)<br>|
| U.S. Core Equity 2 Portfolio | &nbsp;&nbsp; (32469)<br>| &nbsp;&nbsp; (16567)<br>| &nbsp;&nbsp; (49036)<br>|
| U.S. Vector Equity Portfolio | &nbsp;&nbsp; (4285)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (4285)<br>|
| U.S. Small Cap Portfolio | &nbsp;&nbsp; (8325)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (8325)<br>|
| U.S. Micro Cap Portfolio | &nbsp;&nbsp; (4532)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (4532)<br>|
| U.S. High Relative Profitability Portfolio | &nbsp;&nbsp; (5119)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (5119)<br>|
| DFA Real Estate Securities Portfolio | &nbsp;&nbsp; (23502)<br>| &nbsp;&nbsp; (3241)<br>| &nbsp;&nbsp; (26743)<br>|

---

------

As of October 31, 2024, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Undistributed**<br> **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Undistributed**<br> **Long-Term**<br> **Capital Gains**<br>| **Capital Loss**<br> **Carryforwards**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Total Net**<br> **Distributable**<br> **Earnings**<br> **(Accumulated**<br> **Losses)**<br>|
| Enhanced U.S. Large Company <br> Portfolio<br>| &nbsp;&nbsp; $2985 | &nbsp;&nbsp; $198 | &nbsp;&nbsp; — | &nbsp;&nbsp; $(100)<br>| &nbsp;&nbsp; $3083 |
| U.S. Large Cap Equity Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1080313 | &nbsp;&nbsp; 1080313 |
| U.S. Large Cap Value Portfolio | &nbsp;&nbsp; 3163 | &nbsp;&nbsp; — | &nbsp;&nbsp; $(147388)<br>| &nbsp;&nbsp; 9079923 | &nbsp;&nbsp; 8935698 |
| U.S. Targeted Value Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (198609)<br>| &nbsp;&nbsp; 3954784 | &nbsp;&nbsp; 3756175 |
| U.S. Small Cap Value Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 4212238 | &nbsp;&nbsp; 4212238 |
| U.S. Core Equity 1 Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (210296)<br>| &nbsp;&nbsp; 23587537 | &nbsp;&nbsp; 23377241 |
| U.S. Core Equity 2 Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 20777801 | &nbsp;&nbsp; 20777801 |
| U.S. Vector Equity Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (54251)<br>| &nbsp;&nbsp; 2000893 | &nbsp;&nbsp; 1946642 |
| U.S. Small Cap Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (65537)<br>| &nbsp;&nbsp; 6461793 | &nbsp;&nbsp; 6396256 |
| U.S. Micro Cap Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (14422)<br>| &nbsp;&nbsp; 3484048 | &nbsp;&nbsp; 3469626 |
| U.S. High Relative Profitability <br> Portfolio<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (30585)<br>| &nbsp;&nbsp; 1932722 | &nbsp;&nbsp; 1902137 |
| DFA Real Estate Securities Portfolio | &nbsp;&nbsp; 49596 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 3271374 | &nbsp;&nbsp; 3320970 |

---

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2024, the Portfolios had the following capital loss carryforwards available to offset future realized capital gains with no expiration date (amounts in thousands):

---

| | |
|:---|:---|
|  | **Total** |
| U.S. Large Cap Value Portfolio | &nbsp;&nbsp; $147388 |
| U.S. Targeted Value Portfolio | &nbsp;&nbsp; 198609 |
| U.S. Core Equity 1 Portfolio | &nbsp;&nbsp; 210296 |
| U.S. Vector Equity Portfolio | &nbsp;&nbsp; 54251 |
| U.S. Small Cap Portfolio | &nbsp;&nbsp; 65537 |
| U.S. Micro Cap Portfolio | &nbsp;&nbsp; 14422 |
| U.S. High Relative Profitability Portfolio | &nbsp;&nbsp; 30585 |

---

During the year ended October 31, 2024, the following Portfolio used the following capital loss carryforwards to offset realized capital gains for federal income tax purposes (amount in thousands):

---

| | |
|:---|:---|
| Enhanced U.S. Large Company Portfolio | &nbsp;&nbsp; $57576 |

---

As of April 30, 2025, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Federal**<br> **Tax Cost**<br>| **Unrealized**<br> **Appreciation**<br>| **Unrealized**<br> **(Depreciation)**<br>| **Net**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| Enhanced U.S. Large Company Portfolio | &nbsp;&nbsp; $220303 | &nbsp;&nbsp; $1334 | &nbsp;&nbsp; $(1335)<br>| &nbsp;&nbsp; $(1)<br>|
| U.S. Large Cap Equity Portfolio | &nbsp;&nbsp; 1139093 | &nbsp;&nbsp; 918863 | &nbsp;&nbsp; (6033)<br>| &nbsp;&nbsp; 912830 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Federal**<br> **Tax Cost**<br>| **Unrealized**<br> **Appreciation**<br>| **Unrealized**<br> **(Depreciation)**<br>| **Net**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| U.S. Large Cap Value Portfolio | &nbsp;&nbsp; $15671973 | &nbsp;&nbsp; $6873850 | &nbsp;&nbsp; — | &nbsp;&nbsp; $6873850 |
| U.S. Targeted Value Portfolio | &nbsp;&nbsp; 10915918 | &nbsp;&nbsp; 2732566 | &nbsp;&nbsp; $(1149090)<br>| &nbsp;&nbsp; 1583476 |
| U.S. Small Cap Value Portfolio | &nbsp;&nbsp; 13276446 | &nbsp;&nbsp; 3035793 | &nbsp;&nbsp; (1679484)<br>| &nbsp;&nbsp; 1356309 |
| U.S. Core Equity 1 Portfolio | &nbsp;&nbsp; 12384141 | &nbsp;&nbsp; 21645139 | &nbsp;&nbsp; (138926)<br>| &nbsp;&nbsp; 21506213 |
| U.S. Core Equity 2 Portfolio | &nbsp;&nbsp; 13114983 | &nbsp;&nbsp; 18686153 | &nbsp;&nbsp; (127172)<br>| &nbsp;&nbsp; 18558981 |
| U.S. Vector Equity Portfolio | &nbsp;&nbsp; 3122479 | &nbsp;&nbsp; 1407984 | &nbsp;&nbsp; (148931)<br>| &nbsp;&nbsp; 1259053 |
| U.S. Small Cap Portfolio | &nbsp;&nbsp; 11855853 | &nbsp;&nbsp; 5132017 | &nbsp;&nbsp; (1050230)<br>| &nbsp;&nbsp; 4081787 |
| U.S. Micro Cap Portfolio | &nbsp;&nbsp; 4690490 | &nbsp;&nbsp; 2298081 | &nbsp;&nbsp; (513030)<br>| &nbsp;&nbsp; 1785051 |
| U.S. High Relative Profitability Portfolio | &nbsp;&nbsp; 3410495 | &nbsp;&nbsp; 1666115 | &nbsp;&nbsp; (88046)<br>| &nbsp;&nbsp; 1578069 |
| DFA Real Estate Securities Portfolio | &nbsp;&nbsp; 4486653 | &nbsp;&nbsp; 2955287 | &nbsp;&nbsp; (258948)<br>| &nbsp;&nbsp; 2696339 |

---

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in the tax treatment of passive foreign investment company investments or other investments.

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Under GAAP, the Portfolios recognize the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained, assuming examination by tax authorities. Management has analyzed the Portfolios' tax positions and has concluded that no additional provision for income tax is required in the Portfolios' financial statements. The Portfolios are not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolios' federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

**G. Financial Instruments:**

In accordance with the Portfolios' investment objectives and policies, the Portfolios may invest either directly or indirectly (through their investments in a corresponding Master Fund), in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit and market risk. The Portfolios' derivative contracts are not accounted for as hedging instruments under GAAP. These instruments and their significant corresponding risks are described below:

**Derivative Financial Instruments:**

Summarized below are the specific types of derivative instruments used by the Portfolios.

1. Forward Currency Contracts: The Enhanced U.S. Large Company Portfolio may acquire and sell forward currency contracts in an attempt to hedge against adverse changes in the relationship of the U.S. dollar to foreign currencies (foreign exchange rate risk) or to transfer balances from one currency to another currency. The Enhanced U.S. Large Company Portfolio may hedge some or all of the currency exposure of its foreign securities by entering into forward currency contracts. The decision to hedge the Enhanced U.S. Large Company Portfolio's currency exposure with respect to a foreign market will be based primarily on the Portfolio's existing exposure to a given foreign currency. The Enhanced U.S. Large Company Portfolio typically hedges its foreign currency exposure. Each contract is valued daily and the change in value is recorded by the Portfolio as an unrealized gain or loss, which is presented in the Statements of Operations as the change in unrealized appreciation or depreciation of forward currency contracts. When the contract is closed or offset with the same counterparty, the Portfolio records a realized gain or loss equal to the change in the value of the contract when it was opened and the value at the time it was closed or offset. This is presented in the Statements of Operations as a net realized gain or loss on forward currency contracts. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currency relative to the U.S. dollar.

------

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

2. Futures Contracts: Each Portfolio listed below may purchase or sell futures contracts and options on futures contracts for equity securities and indices to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Portfolio. The Enhanced U.S. Large Company Portfolio may also use futures contracts and options thereon in an attempt to hedge against securities prices or as part of its overall investment strategy Upon entering into a futures contract, the Portfolios deposit cash or pledge U.S. Government securities to a broker in an amount equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Portfolios as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Portfolios record a realized gain or loss, which is presented in the Statements of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

Risks may arise upon entrance into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities, from the possibility of an illiquid secondary market for these instruments and from the possibility that the Portfolio could lose more than the initial margin requirements. A Portfolio entering into stock index futures is subject to equity price risk from those futures contracts.

Securities have been segregated as collateral for open futures contracts.

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the six months ended April 30, 2025 was as follows (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Forward**<br> **Currency**<br> **Contracts\***<br>| **Futures\*\*** |
| Enhanced U.S. Large Company Portfolio | &nbsp;&nbsp; $49061<br>| &nbsp;&nbsp; $237995 |
| U.S. Targeted Value Portfolio | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 149517 |
| U.S. Small Cap Value Portfolio | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 183517 |
| U.S. Core Equity 1 Portfolio | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 264870 |
| U.S. Core Equity 2 Portfolio | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 261634 |
| U.S. Vector Equity Portfolio | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 38640 |
| U.S. Small Cap Portfolio | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 150400 |
| U.S. Micro Cap Portfolio | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 57333 |
| U.S. High Relative Profitability Portfolio | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 36796 |
| DFA Real Estate Securities Portfolio | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 60182 |

---

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

\* Average amount of Currency Purchased/Sold in USD.

\*\* Average Notional Value of futures contracts.

The following is a summary of the Portfolios' derivative instrument holdings categorized by primary risk exposure as of April 30, 2025 (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Asset Derivatives Value**  | **Asset Derivatives Value**  | **Asset Derivatives Value**  |
|  | **Total Value**<br> **at**<br> **April 30, 2025** <br>| **Forward**<br> **Currency**<br> **Contracts** <sup>(1)</sup> <br>| **Equity**<br> **Contracts** <sup>\*,(2)</sup> <br>|
| Enhanced U.S. Large Company Portfolio | &nbsp;&nbsp; $730<br>| &nbsp;&nbsp; $730<br>| &nbsp;&nbsp; — |
| U.S. Targeted Value Portfolio | &nbsp;&nbsp; 9141<br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; $9141 |
| U.S. Small Cap Value Portfolio | &nbsp;&nbsp; 9099<br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 9099 |
| U.S. Small Cap Portfolio | &nbsp;&nbsp; 43<br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 43 |
| U.S. Micro Cap Portfolio | &nbsp;&nbsp; 1120<br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 1120 |
| U.S. High Relative Profitability Portfolio | &nbsp;&nbsp; 3067<br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 3067 |

---

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

------

---

| | | | |
|:---|:---|:---|:---|
|  | **Liability Derivatives Value**  | **Liability Derivatives Value**  | **Liability Derivatives Value**  |
|  | **Total Value**<br> **at**<br> **April 30, 2025** <br>| **Forward**<br> **Currency**<br> **Contracts** <sup>(3)</sup> <br>| **Equity**<br> **Contracts** <sup>\*,(4)</sup> <br>|
| Enhanced U.S. Large Company Portfolio | &nbsp;&nbsp; $(21603)<br>| &nbsp;&nbsp; $(1097)<br>| &nbsp;&nbsp; $(20506)<br>|
| U.S. Core Equity 1 Portfolio | &nbsp;&nbsp; (2112)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (2112)<br>|
| U.S. Core Equity 2 Portfolio | &nbsp;&nbsp; (2015)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (2015)<br>|
| U.S. Vector Equity Portfolio | &nbsp;&nbsp; (269)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (269)<br>|
| DFA Real Estate Securities Portfolio | &nbsp;&nbsp; (441)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (441)<br>|

---

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

(1) Presented on Statements of Assets and Liabilities as Unrealized Gain on Forward Currency Contracts.

(2) Presented on Statements of Assets and Liabilities as Receivables: Futures Margin Variation.

(3) Presented on Statements of Assets and Liabilities as Unrealized Loss on Forward Currency Contracts.

(4) Presented on Statements of Assets and Liabilities as Payables: Futures Margin Variation. 

\* Includes cumulative appreciation (depreciation) of futures contracts. Only current day's margin variation is reported within the Statements of Assets and Liabilities. 

The following is a summary of the realized and change in unrealized gains and losses from the Portfolios' derivative instrument holdings categorized by primary risk exposure for the six months ended April 30, 2025 (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Realized Gain (Loss) on**<br> **Derivatives**  | **Realized Gain (Loss) on**<br> **Derivatives**  | **Realized Gain (Loss) on**<br> **Derivatives**  |
|  | **Total**  | **Forward**<br> **Currency**<br> **Contracts** <sup>(1)</sup> <br>| **Equity**<br> **Contracts** <sup>(2)</sup> <br>|
| Enhanced U.S. Large Company Portfolio | &nbsp;&nbsp; $19759 | &nbsp;&nbsp; $1240 | &nbsp;&nbsp; $18519 |
| U.S. Large Cap Equity Portfolio | &nbsp;&nbsp; (1021)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (1021)<br>|
| U.S. Targeted Value Portfolio | &nbsp;&nbsp; (14726)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (14726)<br>|
| U.S. Small Cap Value Portfolio | &nbsp;&nbsp; (10441)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (10441)<br>|
| U.S. Core Equity 1 Portfolio | &nbsp;&nbsp; (8411)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (8411)<br>|
| U.S. Core Equity 2 Portfolio | &nbsp;&nbsp; (17063)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (17063)<br>|
| U.S. Vector Equity Portfolio | &nbsp;&nbsp; (1105)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (1105)<br>|
| U.S. Small Cap Portfolio | &nbsp;&nbsp; (17307)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (17307)<br>|
| U.S. Micro Cap Portfolio | &nbsp;&nbsp; (6919)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (6919)<br>|
| U.S. High Relative Profitability Portfolio | &nbsp;&nbsp; (3446)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (3446)<br>|
| DFA Real Estate Securities Portfolio | &nbsp;&nbsp; (1017)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (1017)<br>|

---

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

---

| | | | |
|:---|:---|:---|:---|
|  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  |
|  | **Total**  | **Forward**<br> **Currency**<br> **Contracts** <sup>(3)</sup> <br>| **Equity**<br> **Contracts** <sup>(4)</sup> <br>|
| Enhanced U.S. Large Company Portfolio | &nbsp;&nbsp; $(31215)<br>| &nbsp;&nbsp; $(868)<br>| &nbsp;&nbsp; $(30347)<br>|
| U.S. Targeted Value Portfolio | &nbsp;&nbsp; 11976 | &nbsp;&nbsp; — | &nbsp;&nbsp; 11976 |
| U.S. Small Cap Value Portfolio | &nbsp;&nbsp; 17148 | &nbsp;&nbsp; — | &nbsp;&nbsp; 17148 |
| U.S. Core Equity 1 Portfolio | &nbsp;&nbsp; (4481)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (4481)<br>|
| U.S. Core Equity 2 Portfolio | &nbsp;&nbsp; 6901 | &nbsp;&nbsp; — | &nbsp;&nbsp; 6901 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  |
|  | **Total**  | **Forward**<br> **Currency**<br> **Contracts** <sup>(3)</sup><br>| **Equity**<br> **Contracts** <sup>(4)</sup><br>|
| U.S. Vector Equity Portfolio | &nbsp;&nbsp; $577 | &nbsp;&nbsp; — | &nbsp;&nbsp; $577 |
| U.S. Small Cap Portfolio | &nbsp;&nbsp; 3950 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3950 |
| U.S. Micro Cap Portfolio | &nbsp;&nbsp; 2516 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2516 |
| U.S. High Relative Profitability Portfolio | &nbsp;&nbsp; 3077 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3077 |
| DFA Real Estate Securities Portfolio | &nbsp;&nbsp; (1172)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (1172)<br>|

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(1) Presented
 on Statements of Operations as Net Realized Gain (Loss) on: Forward Currency Contracts.

&nbsp;&nbsp;&nbsp;&nbsp;(2) Presented
 on Statements of Operations as Net Realized Gain (Loss) on: Futures.

&nbsp;&nbsp;&nbsp;&nbsp;(3) Presented
 on Statements of Operations as Change in Unrealized Appreciation (Depreciation) of: Forward Currency Contracts.

&nbsp;&nbsp;&nbsp;&nbsp;(4) Presented
 on Statements of Operations as Change in Unrealized Appreciation (Depreciation) of: Futures.

**Offsetting of Derivative Assets and Derivative Liabilities:**

In order to better define its contractual rights and to secure rights that will help the Fund mitigate its counterparty risk, the Fund entered into an International Swaps and Derivatives Association, Inc. Master Agreement (ISDA Master Agreement) or a similar agreement with certain of its derivative contract counterparties. An ISDA Master Agreement is a bilateral agreement between the Fund and a counterparty that governs OTC derivatives and forward currency contracts and typically contains, among other things, provisions in the event of a default and/or termination event and may also include collateral posting items. Under an ISDA Master Agreement, the Fund may, under certain circumstances, offset with the counterparty certain derivative financial instruments' payables and/or receivables with collateral held and/or posted, if any, and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of a default (close-out), including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy, insolvency, or other events.

For financial reporting purposes, the Fund does not offset derivative assets and derivative liabilities that are subject to netting arrangements in the Statements of Assets and Liabilities.

------

The following table presents the Portfolios' gross and net amount of assets and liabilities available for offset under netting arrangements as well as any related collateral received or pledged by the Portfolios as of April 30, 2025 (amounts in thousands):

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | **Net**<br> **Amounts**<br> **of**<br> **Assets**<br> **Presented**<br> **in the**<br> **Statements**<br> **of Assets**<br> **and**<br> **Liabilities** | **Gross Amounts Not**<br> **Offset in the**<br> **Statements of Assets**<br> **and Liabilities** | **Gross Amounts Not**<br> **Offset in the**<br> **Statements of Assets**<br> **and Liabilities** | **Gross Amounts Not**<br> **Offset in the**<br> **Statements of Assets**<br> **and Liabilities** |  |  | **Net**<br> **Amounts**<br> **of**<br> **Liabilities**<br> **Presented**<br> **in the**<br> **Statements**<br> **of Assets**<br> **and**<br> **Liabilities** | **Gross Amounts Not**<br> **Offset in the**<br> **Statements of Assets**<br> **and Liabilities** | **Gross Amounts Not**<br> **Offset in the**<br> **Statements of Assets**<br> **and Liabilities** | **Gross Amounts Not**<br> **Offset in the**<br> **Statements of Assets**<br> **and Liabilities** |  |
| **Description** | **Gross**<br> **Amounts of**<br> **Recognized**<br> **Assets**<br> **(a)**<br>| **Net**<br> **Amounts**<br> **of**<br> **Assets**<br> **Presented**<br> **in the**<br> **Statements**<br> **of Assets**<br> **and**<br> **Liabilities** | **Financial**<br> **Instruments**<br> **(b)**<br>| **Non-Cash**<br> **Collateral**<br> **Received**<br>| **Cash**<br> **Collateral**<br> **Received**<br>| **Net**<br> **Amount**<br> **(c)**<br>| **Gross**<br> **Amounts of**<br> **Recognized**<br> **Liabilities**<br> **(a)**<br>| **Net**<br> **Amounts**<br> **of**<br> **Liabilities**<br> **Presented**<br> **in the**<br> **Statements**<br> **of Assets**<br> **and**<br> **Liabilities** | **Financial**<br> **Instruments**<br> **(d)**<br>| **Non-Cash**<br> **Collateral**<br> **Pledged**<br>| **Cash**<br> **Collateral**<br> **Pledged**<br>| **Net**<br> **Amount**<br> **(e)**<br>|
|  | **Assets** | **Assets** | **Assets** | **Assets** | **Assets** | **Assets** | **Liabilities** | **Liabilities** | **Liabilities** | **Liabilities** | **Liabilities** | **Liabilities** |
| **Enhanced U.S. Large Company Portfolio** |  |  |  |  |  |  |  |  |  |  |  |  |
| Societe Generale |  |  |  |  |  |  | $191 | $191 |  |  |  | $191 |
| State Street Bank and <br> Trust<br>| $315 | $315 | $(309)<br>|  |  | $6 | 309 | 309 | $(309)<br>|  |  |  |
| Bank of America Corp. |  |  |  |  |  |  | 314 | 314 |  |  |  | 314 |
| Citibank, N.A. | 13 | 13 | (13)<br>|  |  |  | 146 | 146 | (13)<br>|  |  | 133 |
| NatWest Markets PLC | 402 | 402 |  |  |  | 402 |  |  |  |  |  |  |
| Bank of New York <br> Mellon<br>|  |  |  |  |  |  | 116 | 116 |  |  |  | 116 |
| UBS AG |  |  |  |  |  |  | 21 | 21 |  |  |  | 21 |
| Total | $730 | $730 | $(322)<br>|  |  | $408 | $1097 | $1097 | $(322)<br>|  |  | $775 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) No
 amounts have been netted against the gross amounts recognized in the Statements of Assets and Liabilities.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Represents
 the amount of assets that could be offset by liabilities with the same counterparty under master netting or similar agreements that
 management elects not to offset on the Statements of Assets and Liabilities.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Represents
 the net amount due from counterparties in the event of default.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Represents
 the amount of liabilities that could be offset by assets with the same counterparty under master netting or similar agreements that
 management elects not to offset on the Statements of Assets and Liabilities.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Represents
 the net amount due to counterparties in the event of default.

**H. Line of Credit and Interfund Lending Program:**

The Fund, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 2, 2025, with its domestic custodian bank. A line of credit with similar terms was in effect through April 2, 2025. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 1, 2026.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 26, 2024. A line of credit with similar terms was in effect through December 26, 2024. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio's net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The line of credit agreement expires on December 25, 2025.

------

For the six months ended April 30, 2025, borrowings by the following Portfolio under the lines of credit were as follows (amounts in thousands, except percentages and days):

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Weighted**<br> **Average**<br> **Interest Rate**<br>| **Weighted**<br> **Average**<br> **Loan Balance**<br>| **Number of**<br> **Days**<br> **Outstanding\***<br>| **Interest**<br> **Expense**<br> **Incurred**<br>| **Maximum Amount**<br> **Borrowed During**<br> **the Period**<br>| **Outstanding**<br> **Borrowings**<br> **as of 04/30/2025**<br>|
| U.S. Large Cap Equity <br> Portfolio<br>| 5.33<br> %<br>| &nbsp;&nbsp; $11987 | &nbsp;&nbsp; 1 | &nbsp;&nbsp; $2 | &nbsp;&nbsp; $11987 | &nbsp;&nbsp; — |

---

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

\* Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2025, that the Portfolio's available line of credit was used. 

Pursuant to an exemptive order issued by the SEC (the "Order"), the Portfolios may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objectives and limitations. Interfund loans have a maximum duration of seven days and may be called on one business day's notice.

The Portfolios did not use the interfund lending program during the six months ended April 30, 2025.

**I. Affiliated Trades:**

Cross trades for the six months ended April 30, 2025, if any, were executed by the Portfolios pursuant to procedures adopted by the Board to ensure compliance with Rule 17a-7 under the 1940 Act. Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of having a common investment advisor (or affiliated investment advisors), common Directors and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Portfolios complied with the Rule 17a-7 Procedures adopted by the Board.

For the six months ended April 30, 2025, cross trades by the Portfolios under Rule 17a-7 were as follows (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
| **Portfolio** | **Purchases** | **Sales** | **Realized Gain (Loss)** |
| U.S. Large Cap Equity Portfolio | &nbsp;&nbsp; $50503 | &nbsp;&nbsp; $29454 | &nbsp;&nbsp; $(4972)<br>|
| U.S. Targeted Value Portfolio | &nbsp;&nbsp; 171730 | &nbsp;&nbsp; 79761 | &nbsp;&nbsp; 1041 |
| U.S. Small Cap Value Portfolio | &nbsp;&nbsp; 201591 | &nbsp;&nbsp; 81196 | &nbsp;&nbsp; (4058)<br>|
| U.S. Core Equity 1 Portfolio | &nbsp;&nbsp; 38988 | &nbsp;&nbsp; 181780 | &nbsp;&nbsp; (14130)<br>|
| U.S. Core Equity 2 Portfolio | &nbsp;&nbsp; 49457 | &nbsp;&nbsp; 403790 | &nbsp;&nbsp; (26700)<br>|
| U.S. Vector Equity Portfolio | &nbsp;&nbsp; 26798 | &nbsp;&nbsp; 101875 | &nbsp;&nbsp; (10801)<br>|
| U.S. Small Cap Portfolio | &nbsp;&nbsp; 77509 | &nbsp;&nbsp; 92031 | &nbsp;&nbsp; 7051 |
| U.S. Micro Cap Portfolio | &nbsp;&nbsp; 110980 | &nbsp;&nbsp; 14854 | &nbsp;&nbsp; (3086)<br>|
| U.S. High Relative Profitability Portfolio | &nbsp;&nbsp; 41948 | &nbsp;&nbsp; 82943 | &nbsp;&nbsp; (14206)<br>|
| DFA Real Estate Securities Portfolio | &nbsp;&nbsp; 38546 | &nbsp;&nbsp; 6854 | &nbsp;&nbsp; (383)<br>|

---

------

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

**J. Securities Lending:** 

As of April 30, 2025, some of the Portfolios had securities on loan to brokers/dealers, for which each such Portfolio received cash collateral. The contractual maturity of cash collateral received under the securities lending agreement is classified as overnight and continuous. In addition, the Portfolios received non-cash collateral consisting of short- and/or long-term U.S. Treasuries and U.S. government agency securities as follows (amounts in thousands):

---

| | |
|:---|:---|
|  | **Non-Cash**<br> **Collateral**<br> **Market**<br> **Value**<br>|
| U.S. Targeted Value Portfolio | &nbsp;&nbsp; $22404 |
| U.S. Small Cap Value Portfolio | &nbsp;&nbsp; 137517 |
| U.S. Core Equity 1 Portfolio | &nbsp;&nbsp; 39206 |
| U.S. Core Equity 2 Portfolio | &nbsp;&nbsp; 665190 |
| U.S. Vector Equity Portfolio | &nbsp;&nbsp; 1 |
| U.S. Small Cap Portfolio | &nbsp;&nbsp; 47190 |
| U.S. Micro Cap Portfolio | &nbsp;&nbsp; 17 |

---

Each Portfolio invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are expected at all times to be secured by collateral in an amount (i) equal to at least 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) generally equal to 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) generally equal to 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Portfolio's collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. In the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. If the borrower fails to return loaned securities, cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities, and such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Portfolio or, at the option of the lending agent, to replace the securities. In the event of the bankruptcy of the borrower, a Portfolio could experience delay in recovering the loaned securities or only recover cash or a security of equivalent value.

Subject to their stated investment policies, each Portfolio with securities on loan will generally invest the cash collateral received for the loaned securities in the Short Term Series, an affiliated registered ultrashort term bond fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Short Term Series. Income received from the Short Term Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. Each Portfolio also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, each Portfolio will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or, other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible for taxation at qualified dividend income rates.

**K. Indemnitees; Contractual Obligations:**

Under the Fund's organizational documents, its Officers and Directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

------

In the normal course of business, the Fund enters into contracts that contain a variety of representations and warranties that provide general indemnification. The Fund's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Fund and/or its affiliates that have not yet occurred. However, based on experience, the Fund expects the risk of loss to be remote.

**L. In-Kind Redemptions:**

During the six months ended April 30, 2025, the Portfolios listed below realized net gains (losses) on in-kind redemptions as follows (amounts in thousands):

---

| | |
|:---|:---|
| U.S. Large Cap Equity Portfolio  | &nbsp;&nbsp; $101224 |
| U.S. Large Cap Value Portfolio  | &nbsp;&nbsp; 1202185 |
| U.S. Targeted Value Portfolio  | &nbsp;&nbsp; 1032681 |
| U.S. Small Cap Value Portfolio  | &nbsp;&nbsp; 937363 |
| U.S. Core Equity 1 Portfolio  | &nbsp;&nbsp; 691402 |
| U.S. Core Equity 2 Portfolio  | &nbsp;&nbsp; 735640 |
| U.S. Vector Equity Portfolio  | &nbsp;&nbsp; 460667 |
| U.S. Small Cap Portfolio  | &nbsp;&nbsp; 853948 |
| U.S. Micro Cap Portfolio  | &nbsp;&nbsp; 1032049 |
| U.S. High Relative Profitability Portfolio  | &nbsp;&nbsp; 241064 |
| DFA Real Estate Securities Portfolio  | &nbsp;&nbsp; 137287 |

---

**M. Segment Reporting:**

In this reporting period, the Portfolios adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The adoption of the new standard only impacted financial statement disclosures and did not affect each Portfolio's financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that (i) engages in business activities from which it may recognize revenues and incur expenses, (ii) has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and (iii) has discrete financial information available. The Fund's Co-Chief Executive Officers and the Chief Financial Officer act as the Portfolios' CODM. Each Portfolio represents a single operating segment, as the CODM monitors the operating results of the Portfolio as a whole. Each Portfolio's long-term strategic asset allocation is executed by its portfolio management team and guided by each Portfolio's investment objective and principal investment strategies, as described in each Portfolio's respective prospectus. The financial information provided to and reviewed by the CODM is consistent with that presented in each Portfolio's Schedule of Investments, Statement of Operations, Statement of Changes in Net Assets, and Financial Highlights.

**N. New Accounting Pronouncement:**

In December 2023, the FASB issued Accounting Standards Update 2023-09, Income Taxes (Topic 740) – Improvements to Income Tax Disclosures ("ASU 2023-09"). Effective for annual periods beginning after December 15, 2024, the amendments require greater disaggregation of disclosures related to income taxes paid. The ASU 2023-09 allows for early adoption and requires that amendments be applied on a prospective basis. Management is currently evaluating the impact of the ASU 2023-09 but does not expect the guidance to materially impact the financial statements.

**O. Other:**

As of April 30, 2025, the following number of shareholders, each holding greater than 5%, held the following approximate percentages of the Portfolios' outstanding shares. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.

------

---

| | | |
|:---|:---|:---|
|  | **Number of**<br> **Shareholders**<br>| **Approximate**<br> **Percentage**<br> **of Outstanding**<br> **Shares**<br>|
| Enhanced U.S. Large Company Portfolio | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 71<br> %<br>|
| U.S. Large Cap Equity Portfolio | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 82<br> %<br>|
| U.S. Large Cap Value Portfolio | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 67<br> %<br>|
| U.S. Targeted Value Portfolio | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 52<br> %<br>|
| U.S. Small Cap Value Portfolio | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 73<br> %<br>|
| U.S. Core Equity 1 Portfolio | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 72<br> %<br>|
| U.S. Core Equity 2 Portfolio | &nbsp;&nbsp; 4 | &nbsp;&nbsp; 82<br> %<br>|
| U.S. Vector Equity Portfolio | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 71<br> %<br>|
| U.S. Small Cap Portfolio | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 52<br> %<br>|
| U.S. Micro Cap Portfolio | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 82<br> %<br>|
| U.S. High Relative Profitability Portfolio | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 84<br> %<br>|
| DFA Real Estate Securities Portfolio | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 64<br> %<br>|

---

The Portfolios are subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy). Although management currently believes that resolving claims, if any, against the Portfolios, individually or in aggregate, will not have a material adverse impact on the Portfolios' financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management's view of these matters may change in the future.

**P. ReFlow Redemption Service:**

A Portfolio may participate in the ReFlow liquidity program, which is designed to provide an alternative liquidity source for mutual funds experiencing net redemptions of their shares. Pursuant to the program, ReFlow Fund, LLC ("ReFlow") provides participating mutual funds with a source of cash to meet net shareholder redemptions by standing ready each business day to purchase fund shares up to the value of the net shares redeemed by other shareholders that are expected to settle that business day. A fund is not guaranteed to receive cash from ReFlow on any given day as the allocation of ReFlow's cash is based on the results of ReFlow's automated daily auction process among participating mutual funds. Following purchases of fund shares, ReFlow then generally redeems those shares when the fund experiences net shareholder purchases at the end of a maximum holding period, currently 8 days, determined by ReFlow, or at other times at ReFlow's discretion. While ReFlow holds fund shares, it will have the same rights and privileges with respect to those shares as any other shareholder.

For use of the ReFlow program, a fund pays a fee to ReFlow each time it purchases fund shares, calculated by applying to the purchase amount a fee rate determined through the auction process. The current minimum fee rate (which is subject to change) is 0.14% of the value of the fund shares purchased by ReFlow, although the fund may submit a bid at a higher fee rate if it determines that doing so is in the best interest of fund shareholders. ReFlow's purchases of fund shares through the liquidity program are made on an investment-blind basis without regard to the fund's objective, policies, or anticipated performance. In accordance with federal securities laws, ReFlow is prohibited from acquiring more than 3% of the outstanding voting securities of a fund. ReFlow will periodically redeem its entire share position in the Portfolio and may request that such redemption be met in kind in accordance with redemption in-kind policies described in the Portfolio's Prospectus. If the Portfolio is part of a "master-feeder" structure, then the "feeder" Portfolio does not generally buy individual securities directly. Instead, the feeder Portfolio invests in a corresponding "master" Portfolio that in turn purchases stocks and other securities. Under a master-feeder structure, ReFlow redemptions and subscriptions take place at the feeder level, where the capital commitments are pooled, and securities are redeemed at the master level, where the securities are held. As a result, realized gains or losses will be reflected in the master Portfolio's financial statements. Purchases and redemptions of Portfolio shares by ReFlow under the program are not considered excessive short-term trading under the Portfolios' Policy Regarding Excessive Short-Term Trading.

------

For the six months ended April 30, 2025, the Portfolios' activity in the program is listed below (amounts in thousands, except shares):

---

| | | | |
|:---|:---|:---|:---|
|  | **Value of Cash** <br> **and Value of** <br> **Securities** <br> **Sold**<br>| **Shares Sold** | **Service Fees** |
| U.S. Large Cap Equity Portfolio | &nbsp;&nbsp; $38546 | &nbsp;&nbsp; 1195097 | &nbsp;&nbsp; $66 |
| U.S. Large Cap Value Portfolio | &nbsp;&nbsp; 695388 | &nbsp;&nbsp; 13862220 | &nbsp;&nbsp; 763 |
| U.S. Targeted Value Portfolio | &nbsp;&nbsp; 375549 | &nbsp;&nbsp; 11105991 | &nbsp;&nbsp; 605 |
| U.S. Small Cap Value Portfolio | &nbsp;&nbsp; 377777 | &nbsp;&nbsp; 7846853 | &nbsp;&nbsp; 433 |
| U.S. Core Equity 1 Portfolio | &nbsp;&nbsp; 799199 | &nbsp;&nbsp; 18478935 | &nbsp;&nbsp; 1235 |
| U.S. Core Equity 2 Portfolio | &nbsp;&nbsp; 658384 | &nbsp;&nbsp; 16632134 | &nbsp;&nbsp; 1257 |
| U.S. Vector Equity Portfolio | &nbsp;&nbsp; 149440 | &nbsp;&nbsp; 5580907 | &nbsp;&nbsp; 215 |
| U.S. Small Cap Portfolio | &nbsp;&nbsp; 258390 | &nbsp;&nbsp; 5308427 | &nbsp;&nbsp; 630 |
| U.S. Micro Cap Portfolio | &nbsp;&nbsp; 397116 | &nbsp;&nbsp; 13835237 | &nbsp;&nbsp; 431 |
| U.S. High Relative Profitability Portfolio | &nbsp;&nbsp; 108418 | &nbsp;&nbsp; 4438290 | &nbsp;&nbsp; 100 |
| DFA Real Estate Securities Portfolio | &nbsp;&nbsp; 177544 | &nbsp;&nbsp; 4329981 | &nbsp;&nbsp; 204 |

---

**Q. Subsequent Event Evaluations:** 

Management has evaluated the impact of all subsequent events on the Portfolios through the date on which the financial statements were issued and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

------

**DFA Commodity Strategy Portfolio**

**CONSOLIDATED SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)**

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face** <br>**Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| AGENCY OBLIGATIONS — (0.3%) | AGENCY OBLIGATIONS — (0.3%) | AGENCY OBLIGATIONS — (0.3%) | AGENCY OBLIGATIONS — (0.3%) |
| Federal National Mortgage <br> Association  | Federal National Mortgage <br> Association  |  |  |
| (r) | SOFR + 0.260%, <br> FRN, 4.620%, <br> 11/05/27<br>| 2500 | $2505938 |
| BONDS — (47.9%) | BONDS — (47.9%) | BONDS — (47.9%) | BONDS — (47.9%) |
| AUSTRALIA — (7.4%) | AUSTRALIA — (7.4%) | AUSTRALIA — (7.4%) | AUSTRALIA — (7.4%) |
| Australia & New Zealand <br> Banking Group Ltd. | Australia & New Zealand <br> Banking Group Ltd. |  |  |
| (r)Ω | SOFR + 0.680%, <br> FRN, 5.057%, <br> 07/16/27<br>| 23300 | 23356654 |
| Commonwealth Bank of <br> Australia  | Commonwealth Bank of <br> Australia  |  |  |
| (r)Ω | SOFR + 0.460%, <br> FRN, 4.824%, <br> 11/27/26<br>| 4400 | 4397312 |
| (r)Ω | SOFR + 0.640%, <br> FRN, 5.009%, <br> 03/14/28<br>| 6500 | 6493051 |
| Glencore Funding LLC  | Glencore Funding LLC  |  |  |
|  | 1.625%, 09/01/25 | 2000 | 1977861 |
| (r)Ω | SOFR + 1.060%, <br> FRN, 5.437%, <br> 04/04/27<br>| 517 | 519323 |
| Macquarie Bank Ltd., <br> SOFR + 0.920%, FRN | Macquarie Bank Ltd., <br> SOFR + 0.920%, FRN |  |  |
| (r) | 5.298%, 07/02/27 | 5000 | 5021294 |
| National Australia Bank <br> Ltd., SOFR + 0.620%, <br> FRN | National Australia Bank <br> Ltd., SOFR + 0.620%, <br> FRN |  |  |
| (r)Ω | 4.989%, 06/11/27 | 16950 | 16956848 |
| Westpac Banking Corp., <br> SOFR + 0.460%, FRN | Westpac Banking Corp., <br> SOFR + 0.460%, FRN |  |  |
| (r) | 4.838%, 10/20/26 | 15550 | 15549518 |
| TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 74271861 |
| CANADA — (1.8%) | CANADA — (1.8%) | CANADA — (1.8%) | CANADA — (1.8%) |
| Bank of Montreal  | Bank of Montreal  |  |  |
| (r) | SOFR + 0.950%, <br> FRN, 5.325%, <br> 09/25/25<br>| 2000 | 2003262 |
| (r) | SOFR + 1.330%, <br> FRN, 5.697%, <br> 06/05/26<br>| 2100 | 2115329 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| Bank of Nova Scotia  | Bank of Nova Scotia  |  |  |
|  | 5.450%, 06/12/25 | 507 | $507561 |
| (r) | SOFR + 1.090%, <br> FRN, 5.458%, <br> 06/12/25<br>| 1000 | 1000905 |
| Canadian Imperial Bank of <br> Commerce  | Canadian Imperial Bank of <br> Commerce  |  |  |
|  | 3.945%, 08/04/25 | 1100 | 1097821 |
| (r) | SOFR + 1.220%, <br> FRN, 5.598%, <br> 10/02/26<br>| 2200 | 2213298 |
| Canadian Natural <br> Resources Ltd.  | Canadian Natural <br> Resources Ltd.  |  |  |
|  | 2.050%, 07/15/25 | 500 | 497028 |
| Element Fleet <br> Management Corp.  | Element Fleet <br> Management Corp.  |  |  |
| Ω | 3.850%, 06/15/25 | 1163 | 1160671 |
| Royal Bank of Canada | Royal Bank of Canada |  |  |
| (r) | SOFR + 0.950%, <br> FRN, 5.328%, <br> 01/19/27<br>| 3600 | 3611032 |
| Toronto-Dominion Bank  | Toronto-Dominion Bank  |  |  |
|  | 1.150%, 06/12/25 | 810 | 806652 |
| (r) | SOFR + 1.080%, <br> FRN, 5.457%, <br> 07/17/26<br>| 2900 | 2915105 |
| TOTAL CANADA | TOTAL CANADA |  | 17928664 |
| FRANCE — (0.7%) | FRANCE — (0.7%) | FRANCE — (0.7%) | FRANCE — (0.7%) |
| Credit Agricole SA  | Credit Agricole SA  |  |  |
| (r)Ω | SOFR + 0.870%, <br> FRN, 5.238%, <br> 03/11/27<br>| 7250 | 7255282 |
| GERMANY — (1.2%) | GERMANY — (1.2%) | GERMANY — (1.2%) | GERMANY — (1.2%) |
| BMW U.S. Capital LLC, <br> SOFR + 0.550%, FRN | BMW U.S. Capital LLC, <br> SOFR + 0.550%, FRN |  |  |
| (r)Ω | 4.928%, 04/02/26 | 2000 | 1996769 |
| Daimler Truck Finance North <br> America LLC | Daimler Truck Finance North <br> America LLC |  |  |
| (r)Ω | SOFR + 0.840%, <br> FRN, 5.216%, <br> 01/13/28<br>| 4830 | 4804511 |
| Mercedes-Benz Finance North <br> America LLC  | Mercedes-Benz Finance North <br> America LLC  |  |  |
| Ω | 5.375%, 08/01/25 | 240 | 240249 |

---

------

**DFA Commodity Strategy Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
| (r)Ω | SOFR + 0.670%, <br> FRN, 5.047%, <br> 01/09/26<br>| 3800 | $3800603 |
| Volkswagen Group of <br> America Finance LLC, <br> SOFR + 0.830%, FRN | Volkswagen Group of <br> America Finance LLC, <br> SOFR + 0.830%, FRN |  |  |
| (r)Ω | 5.202%, 03/20/26 | 1700 | 1699711 |
| TOTAL GERMANY | TOTAL GERMANY |  | 12541843 |
| IRELAND — (0.6%) | IRELAND — (0.6%) | IRELAND — (0.6%) | IRELAND — (0.6%) |
| AerCap Ireland Capital <br> DAC/AerCap Global Aviation <br> Trust  | AerCap Ireland Capital <br> DAC/AerCap Global Aviation <br> Trust  |  |  |
|  | 6.500%, 07/15/25 | 4004 | 4009977 |
|  | 4.450%, 10/01/25 | 1724 | 1720751 |
| TOTAL IRELAND | TOTAL IRELAND |  | 5730728 |
| JAPAN — (1.4%) | JAPAN — (1.4%) | JAPAN — (1.4%) | JAPAN — (1.4%) |
| Japan Bank for <br> International Cooperation  | Japan Bank for <br> International Cooperation  |  |  |
|  | 0.625%, 07/15/25 | 1100 | 1091296 |
| Nomura Holdings, Inc. | Nomura Holdings, Inc. |  |  |
|  | 1.851%, 07/16/25 | 7115 | 7073330 |
| Sumitomo Mitsui Financial <br> Group, Inc. | Sumitomo Mitsui Financial <br> Group, Inc. |  |  |
| (r) | SOFR + 1.430%, <br> FRN, 5.807%, <br> 01/13/26<br>| 830 | 835569 |
| Sumitomo Mitsui Trust Bank Ltd.  | Sumitomo Mitsui Trust Bank Ltd.  |  |  |
| (r)Ω | SOFR + 1.150%, <br> FRN, 5.518%, <br> 09/14/26<br>| 1750 | 1761032 |
| (r)Ω | SOFR + 0.980%, <br> FRN, 5.347%, <br> 09/10/27<br>| 3000 | 3004716 |
| TOTAL JAPAN | TOTAL JAPAN |  | 13765943 |
| NETHERLANDS — (0.6%) | NETHERLANDS — (0.6%) | NETHERLANDS — (0.6%) | NETHERLANDS — (0.6%) |
| Cooperatieve Rabobank UA  | Cooperatieve Rabobank UA  |  |  |
| (r) | SOFR + 0.600%, FRN, <br> 4.978%, 01/21/28<br>| 5700 | 5660100 |
| SINGAPORE — (2.0%) | SINGAPORE — (2.0%) | SINGAPORE — (2.0%) | SINGAPORE — (2.0%) |
| DBS Group Holdings Ltd.  | DBS Group Holdings Ltd.  |  |  |
| (r)Ω | SOFR + 0.600%, FRN, <br> 4.970%, 03/21/28<br>| 20000 | 19972666 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| SUPRANATIONAL ORGANIZATION OBLIGATIONS — (6.1%) | SUPRANATIONAL ORGANIZATION OBLIGATIONS — (6.1%) | SUPRANATIONAL ORGANIZATION OBLIGATIONS — (6.1%) | SUPRANATIONAL ORGANIZATION OBLIGATIONS — (6.1%) |
| Asian Development Bank, <br> SOFR + 1.000%, FRN | Asian Development Bank, <br> SOFR + 1.000%, FRN |  |  |
| (r) | 5.377%, 04/06/27 | 5835 | $5913772 |
| European Bank for <br> Reconstruction & <br> Development, SOFR + <br> 0.330%, FRN | European Bank for <br> Reconstruction & <br> Development, SOFR + <br> 0.330%, FRN |  |  |
| (r) | 4.693%, 02/20/28 | 10000 | 10008000 |
| Inter-American <br> Development Bank, <br> SOFR + 0.350%, FRN | Inter-American <br> Development Bank, <br> SOFR + 0.350%, FRN |  |  |
| (r) | 4.727%, 10/04/27 | 22000 | 22009636 |
| International Bank for <br> Reconstruction & <br> Development  | International Bank for <br> Reconstruction & <br> Development  |  |  |
| (r) | SOFR + 0.270%, <br> FRN, 4.638%, <br> 06/15/27<br>| 16000 | 16005280 |
| (r) | SOFR + 0.430%, <br> FRN, 4.792%, <br> 08/19/27<br>| 7368 | 7392241 |
| TOTAL SUPRANATIONAL <br> ORGANIZATION <br> OBLIGATIONS | TOTAL SUPRANATIONAL <br> ORGANIZATION <br> OBLIGATIONS |  | 61328929 |
| SWEDEN — (0.6%) | SWEDEN — (0.6%) | SWEDEN — (0.6%) | SWEDEN — (0.6%) |
| Skandinaviska Enskilda <br> Banken AB, SOFR + <br> 0.960%, FRN | Skandinaviska Enskilda <br> Banken AB, SOFR + <br> 0.960%, FRN |  |  |
| (r)Ω | 5.327%, 06/09/25 | 980 | 980656 |
| Svenska Handelsbanken <br> AB, SOFR + 1.250%, <br> FRN | Svenska Handelsbanken <br> AB, SOFR + 1.250%, <br> FRN |  |  |
| (r)Ω | 5.619%, 06/15/26 | 5000 | 5030424 |
| TOTAL SWEDEN | TOTAL SWEDEN |  | 6011080 |
| UNITED KINGDOM — (1.2%) | UNITED KINGDOM — (1.2%) | UNITED KINGDOM — (1.2%) | UNITED KINGDOM — (1.2%) |
| BAT International Finance <br> PLC  | BAT International Finance <br> PLC  |  |  |
|  | 3.950%, 06/15/25 | 580 | 579063 |
| GlaxoSmithKline Capital <br> PLC, SOFR + 0.500%, <br> FRN | GlaxoSmithKline Capital <br> PLC, SOFR + 0.500%, <br> FRN |  |  |
| (r) | 4.869%, 03/12/27 | 3350 | 3345813 |
| NatWest Markets PLC, <br> SOFR + 0.950%, FRN | NatWest Markets PLC, <br> SOFR + 0.950%, FRN |  |  |
| (r)Ω | 5.323%, 03/21/28 | 7000 | 6984506 |
| Reynolds American, Inc. | Reynolds American, Inc. |  |  |

---

------

**DFA Commodity Strategy Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | 4.450%, 06/12/25 | 1623 | $1622112 |
| TOTAL UNITED <br> KINGDOM | TOTAL UNITED <br> KINGDOM |  | 12531494 |
| UNITED STATES — (24.3%) | UNITED STATES — (24.3%) | UNITED STATES — (24.3%) | UNITED STATES — (24.3%) |
| AbbVie, Inc.  | AbbVie, Inc.  |  |  |
|  | 3.600%, 05/14/25 | 410 | 409836 |
| Aircastle Ltd. | Aircastle Ltd. |  |  |
| Ω | 5.250%, 08/11/25 | 580 | 579085 |
| Altria Group, Inc. | Altria Group, Inc. |  |  |
|  | 2.350%, 05/06/25 | 1800 | 1799297 |
| American Express Co.  | American Express Co.  |  |  |
|  | 3.950%, 08/01/25 | 1000 | 997982 |
| (r) | SOFR + 0.760%, <br> FRN, 5.121%, <br> 02/13/26<br>| 8876 | 8894196 |
| American Honda Finance Corp.  | American Honda Finance Corp.  |  |  |
| (r) | SOFR + 0.790%, <br> FRN, 5.168%, <br> 10/03/25<br>| 1730 | 1732513 |
| (r) | SOFR + <br> 0.720%,FRN, <br> 5.097%, 10/05/26<br>| 1055 | 1055309 |
| (r) | SOFR + 0.770%, <br> FRN, 5.138%, <br> 03/12/27<br>| 440 | 439108 |
| American Tower Corp. | American Tower Corp. |  |  |
|  | 4.000%, 06/01/25 | 940 | 939026 |
| ARES Capital Corp. | ARES Capital Corp. |  |  |
|  | 3.250%, 07/15/25 | 1800 | 1794182 |
| Bank of America Corp.  | Bank of America Corp.  |  |  |
|  | 3.875%, 08/01/25 | 160 | 159721 |
| Cargill, Inc. | Cargill, Inc. |  |  |
| (r)Ω | SOFR + 0.610%, <br> FRN, 4.972%, <br> 02/11/28<br>| 3500 | 3489057 |
| Caterpillar Financial <br> Services Corp., SOFR + <br> 0.690%, FRN | Caterpillar Financial <br> Services Corp., SOFR + <br> 0.690%, FRN |  |  |
| (r) | 5.067%, 10/16/26 | 6500 | 6522386 |
| Charles Schwab Corp. | Charles Schwab Corp. |  |  |
| (r) | SOFR + 0.520%, <br> FRN, 4.881%, <br> 05/13/26<br>| 7200 | 7193707 |
| Charles Schwab Corp.  | Charles Schwab Corp.  |  |  |
|  | 3.850%, 05/21/25 | 640 | 639504 |
| Chevron USA, Inc., SOFR <br> + 0.470%, FRN | Chevron USA, Inc., SOFR <br> + 0.470%, FRN |  |  |
| (r) | 4.834%, 02/26/28 | 14178 | 14186609 |
| CNO Financial Group, Inc.  | CNO Financial Group, Inc.  |  |  |
|  | 5.250%, 05/30/25 | 3200 | 3199811 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) |
| Consolidated Edison Co. of New <br> York, Inc. | Consolidated Edison Co. of New <br> York, Inc. |  |  |
| (r) | SOFR + 0.520%, <br> FRN, 4.884%, <br> 11/18/27<br>| 7600 | $7577960 |
| Constellation Energy <br> Generation LLC | Constellation Energy <br> Generation LLC |  |  |
|  | 3.250%, 06/01/25 | 7200 | 7185912 |
| CVS Health Corp. | CVS Health Corp. |  |  |
|  | 3.875%, 07/20/25 | 4900 | 4887146 |
| DCP Midstream <br> Operating LP  | DCP Midstream <br> Operating LP  |  |  |
|  | 5.375%, 07/15/25 | 1116 | 1116233 |
| Devon Energy Corp.  | Devon Energy Corp.  |  |  |
|  | 5.850%, 12/15/25 | 1970 | 1979456 |
| Dollar Tree, Inc. | Dollar Tree, Inc. |  |  |
|  | 4.000%, 05/15/25 | 847 | 846527 |
| DTE Energy Co.  | DTE Energy Co.  |  |  |
|  | 1.050%, 06/01/25 | 440 | 438464 |
| Energy Transfer LP | Energy Transfer LP |  |  |
|  | 2.900%, 05/15/25 | 1486 | 1484822 |
| Entergy Corp.  | Entergy Corp.  |  |  |
|  | 0.900%, 09/15/25 | 200 | 197158 |
| Exelon Corp.  | Exelon Corp.  |  |  |
|  | 3.950%, 06/15/25 | 1700 | 1697762 |
| Flex Ltd.  | Flex Ltd.  |  |  |
|  | 4.750%, 06/15/25 | 600 | 599739 |
| General Dynamics Corp.  | General Dynamics Corp.  |  |  |
|  | 3.500%, 05/15/25 | 3100 | 3098375 |
| General Electric Co. | General Electric Co. |  |  |
| (r) | TSFR3M + 0.642%, <br> FRN, 4.945%, <br> 05/05/26<br>| 6714 | 6702317 |
| General Motors Financial <br> Co., Inc., SOFR + <br> 1.350%, FRN | General Motors Financial <br> Co., Inc., SOFR + <br> 1.350%, FRN |  |  |
| (r) | 5.711%, 05/08/27 | 1600 | 1585563 |
| Harley-Davidson, Inc.  | Harley-Davidson, Inc.  |  |  |
|  | 3.500%, 07/28/25 | 989 | 983604 |
| Health Care Service Corp. <br> A Mutual Legal Reserve <br> Co.  | Health Care Service Corp. <br> A Mutual Legal Reserve <br> Co.  |  |  |
| Ω | 1.500%, 06/01/25 | 254 | 253270 |
| Healthcare Realty Holdings LP | Healthcare Realty Holdings LP |  |  |
|  | 3.875%, 05/01/25 | 1570 | 1570000 |
| Honeywell International, <br> Inc.  | Honeywell International, <br> Inc.  |  |  |
|  | 1.350%, 06/01/25 | 186 | 185416 |
| HP, Inc. | HP, Inc. |  |  |
|  | 2.200%, 06/17/25 | 3419 | 3406574 |
| Huntington Bancshares, Inc. | Huntington Bancshares, Inc. |  |  |
|  | 4.000%, 05/15/25 | 1905 | 1903945 |

---

------

**DFA Commodity Strategy Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) |
| Intel Corp.  | Intel Corp.  |  |  |
|  | 3.700%, 07/29/25 | 2242 | $2236167 |
| John Deere Capital Corp.  | John Deere Capital Corp.  |  |  |
| (r) | SOFR + 0.440%, <br> FRN, 4.808%, <br> 03/06/26<br>| 2500 | 2499804 |
| (r) | SOFR + 0.500%, <br> FRN, 4.867%, <br> 03/06/28<br>| 7000 | 6985300 |
| JPMorgan Chase & Co.  | JPMorgan Chase & Co.  |  |  |
|  | 3.900%, 07/15/25 | 1000 | 998856 |
| JPMorgan Chase Bank <br> NA, SOFR + 1.000%, <br> FRN | JPMorgan Chase Bank <br> NA, SOFR + 1.000%, <br> FRN |  |  |
| (r) | 5.367%, 12/08/26 | 5250 | 5277542 |
| KeyBank NA | KeyBank NA |  |  |
|  | 4.150%, 08/08/25 | 6250 | 6237822 |
| Kinder Morgan, Inc. | Kinder Morgan, Inc. |  |  |
| # | 4.300%, 06/01/25 | 548 | 547606 |
| Lennar Corp.  | Lennar Corp.  |  |  |
|  | 4.750%, 05/30/25 | 1750 | 1749741 |
| Lowe's Cos., Inc.  | Lowe's Cos., Inc.  |  |  |
|  | 4.400%, 09/08/25 | 4000 | 3996749 |
| LYB International Finance <br> III LLC  | LYB International Finance <br> III LLC  |  |  |
|  | 1.250%, 10/01/25 | 1695 | 1670147 |
| Marathon Petroleum Corp.  | Marathon Petroleum Corp.  |  |  |
|  | 4.700%, 05/01/25 | 4000 | 4000000 |
| Mastercard, Inc., SOFR + <br> 0.440%, FRN | Mastercard, Inc., SOFR + <br> 0.440%, FRN |  |  |
| (r) | 4.813%, 03/15/28 | 5100 | 5088272 |
| McDonald's Corp. | McDonald's Corp. |  |  |
|  | 3.375%, 05/26/25 | 3266 | 3262624 |
| Mondelez International, <br> Inc.  | Mondelez International, <br> Inc.  |  |  |
|  | 1.500%, 05/04/25 | 400 | 399865 |
| Morgan Stanley Bank NA  | Morgan Stanley Bank NA  |  |  |
|  | 5.479%, 07/16/25 | 3620 | 3624498 |
| National Rural Utilities <br> Cooperative Finance <br> Corp., SOFR + 0.400%, <br> FRN | National Rural Utilities <br> Cooperative Finance <br> Corp., SOFR + 0.400%, <br> FRN |  |  |
| (r) | 4.768%, 12/03/25 | 2000 | 1997283 |
| National Securities <br> Clearing Corp.  | National Securities <br> Clearing Corp.  |  |  |
| Ω | 5.150%, 05/30/25 | 2000 | 2000857 |
| NextEra Energy Capital <br> Holdings, Inc.  | NextEra Energy Capital <br> Holdings, Inc.  |  |  |
|  | 4.450%, 06/20/25 | 900 | 899138 |
| (r) | SOFR + 0.760%, <br> FRN, 5.143%, <br> 01/29/26<br>| 7800 | 7803865 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) |
| NiSource, Inc.  | NiSource, Inc.  |  |  |
|  | 0.950%, 08/15/25 | 5700 | $5640531 |
| Norfolk Southern Corp.  | Norfolk Southern Corp.  |  |  |
|  | 5.590%, 05/17/25 | 700 | 700308 |
| Nucor Corp.  | Nucor Corp.  |  |  |
|  | 3.950%, 05/23/25 | 3100 | 3097166 |
| Oracle Corp.  | Oracle Corp.  |  |  |
|  | 2.950%, 05/15/25 | 1930 | 1928627 |
| Ovintiv, Inc.  | Ovintiv, Inc.  |  |  |
|  | 5.650%, 05/15/25 | 1000 | 999626 |
| PepsiCo, Inc. | PepsiCo, Inc. |  |  |
| (r) | SOFR + 0.400%, <br> FRN, 4.761%, <br> 02/13/26<br>| 3020 | 3024566 |
| Pfizer Investment <br> Enterprises Pte. Ltd.  | Pfizer Investment <br> Enterprises Pte. Ltd.  |  |  |
|  | 4.650%, 05/19/25 | 1900 | 1900009 |
| Philip Morris International, <br> Inc.  | Philip Morris International, <br> Inc.  |  |  |
|  | 1.500%, 05/01/25 | 300 | 300000 |
| Plains All American <br> Pipeline LP/PAA Finance <br> Corp.  | Plains All American <br> Pipeline LP/PAA Finance <br> Corp.  |  |  |
|  | 4.650%, 10/15/25 | 1700 | 1697296 |
| PNC Bank NA  | PNC Bank NA  |  |  |
|  | 3.250%, 06/01/25 | 600 | 599204 |
| Public Service Enterprise <br> Group, Inc.  | Public Service Enterprise <br> Group, Inc.  |  |  |
|  | 0.800%, 08/15/25 | 2300 | 2274035 |
| Public Storage Operating Co. | Public Storage Operating Co. |  |  |
| (r) | SOFR + 0.700%, <br> FRN, 5.077%, <br> 04/16/27<br>| 10100 | 10042568 |
| PVH Corp.  | PVH Corp.  |  |  |
|  | 4.625%, 07/10/25 | 3800 | 3801601 |
| QUALCOMM, Inc.  | QUALCOMM, Inc.  |  |  |
|  | 3.450%, 05/20/25 | 323 | 322793 |
| Royalty Pharma PLC  | Royalty Pharma PLC  |  |  |
|  | 1.200%, 09/02/25 | 418 | 412741 |
| RTX Corp.  | RTX Corp.  |  |  |
|  | 3.950%, 08/16/25 | 800 | 798030 |
| Santander Holdings USA, <br> Inc.  | Santander Holdings USA, <br> Inc.  |  |  |
|  | 3.450%, 06/02/25 | 870 | 868449 |
| Sherwin-Williams Co.  | Sherwin-Williams Co.  |  |  |
|  | 4.250%, 08/08/25 | 680 | 679040 |
| Steel Dynamics, Inc.  | Steel Dynamics, Inc.  |  |  |
|  | 2.400%, 06/15/25 | 5512 | 5494176 |
| Stryker Corp.  | Stryker Corp.  |  |  |
|  | 1.150%, 06/15/25 | 581 | 578389 |
| Synchrony Financial  | Synchrony Financial  |  |  |
|  | 4.875%, 06/13/25 | 6324 | 6319197 |
|  | 4.500%, 07/23/25 | 1400 | 1397826 |

---

------

**DFA Commodity Strategy Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) |
| Toyota Motor Credit Corp.  | Toyota Motor Credit Corp.  |  |  |
| (r) | SOFR + 0.890%, <br> FRN, 5.254%, <br> 05/18/26<br>| 1300 | $1304018 |
| (r) | SOFR + 0.650%, <br> FRN, 5.022%, <br> 03/19/27<br>| 7900 | 7900073 |
| Truist Financial Corp.  | Truist Financial Corp.  |  |  |
|  | 4.000%, 05/01/25 | 195 | 195000 |
|  | 1.200%, 08/05/25 | 2235 | 2214753 |
| U.S. Bancorp  | U.S. Bancorp  |  |  |
|  | 1.450%, 05/12/25 | 1366 | 1364603 |
| Union Pacific Corp.  | Union Pacific Corp.  |  |  |
|  | 3.750%, 07/15/25 | 250 | 249718 |
| Viatris, Inc.  | Viatris, Inc.  |  |  |
|  | 1.650%, 06/22/25 | 200 | 198767 |
| Wells Fargo Bank NA, <br> SOFR + 1.070%, FRN | Wells Fargo Bank NA, <br> SOFR + 1.070%, FRN |  |  |
| (r) | 5.439%, 12/11/26 | 5930 | 5963801 |
| Welltower OP LLC | Welltower OP LLC |  |  |
|  | 4.000%, 06/01/25 | 4627 | 4624434 |
| Williams Cos., Inc.  | Williams Cos., Inc.  |  |  |
|  | 4.000%, 09/15/25 | 2500 | 2491575 |
| Zoetis, Inc.  | Zoetis, Inc.  |  |  |
|  | 5.400%, 11/14/25 | 2500 | 2509089 |
| TOTAL UNITED STATES | TOTAL UNITED STATES |  | 244899717 |
| TOTAL BONDS | TOTAL BONDS |  | 481898307 |
| U.S. TREASURY OBLIGATIONS — (19.2%) | U.S. TREASURY OBLIGATIONS — (19.2%) | U.S. TREASURY OBLIGATIONS — (19.2%) | U.S. TREASURY OBLIGATIONS — (19.2%) |
| U.S. Treasury Bills  | U.S. Treasury Bills  |  |  |
| ∞ | 4.201%, 05/08/25  | 31000 | 30974653 |
| ∞ | 4.227%, 08/07/25  | 65000 | 64260063 |
| ∞ | 4.162%, 09/18/25  | 20000 | 19681403 |
| ∞ | 4.115%, 10/30/25  | 34000 | 33306428 |
| U.S. Treasury Notes  | U.S. Treasury Notes  |  |  |
| (r)~« | 3M USTMMR + <br> 0.170%, FRN, <br> 4.415%, 10/31/25 <br>| 8000 | 8002781 |
| (r) | 3M USTMMR + <br> 0.245%, FRN, <br> 4.490%, 01/31/26 <br>| 24250 | 24278285 |
| (r) | 3M USTMMR + <br> 0.150%, FRN, <br> 4.395%, 04/30/26 <br>| 13000 | 13002360 |
| TOTAL U.S. TREASURY <br> OBLIGATIONS | TOTAL U.S. TREASURY <br> OBLIGATIONS |  | 193505973 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| COMMERCIAL PAPER — (32.6%) | COMMERCIAL PAPER — (32.6%) | COMMERCIAL PAPER — (32.6%) | COMMERCIAL PAPER — (32.6%) |
| AUSTRALIA — (0.8%) | AUSTRALIA — (0.8%) | AUSTRALIA — (0.8%) | AUSTRALIA — (0.8%) |
| Telstra Group Ltd. | Telstra Group Ltd. |  |  |
| Ω | 4.507%, 06/27/25 | 5000 | $4963562 |
| Ω | 4.615%, 07/03/25 | 3000 | 2975723 |
| TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 7939285 |
| CANADA — (3.0%) | CANADA — (3.0%) | CANADA — (3.0%) | CANADA — (3.0%) |
| Canadian National Railway <br> Co. | Canadian National Railway <br> Co. |  |  |
| Ω | 4.675%, 05/27/25 | 7750 | 7722720 |
| Canadian Natural <br> Resources Ltd. | Canadian Natural <br> Resources Ltd. |  |  |
| Ω | 5.136%, 05/07/25 | 3000 | 2997241 |
| Magna International, Inc. | Magna International, Inc. |  |  |
| Ω | 4.674%, 07/03/25 | 6650 | 6595011 |
| Nutrien Ltd. | Nutrien Ltd. |  |  |
| Ω | 4.783%, 05/21/25 | 6500 | 6482283 |
| TELUS Corp. | TELUS Corp. |  |  |
| Ω | 4.669%, 06/16/25 | 500 | 496952 |
| Ω | 5.064%, 06/18/25 | 4000 | 3974589 |
| Ω | 4.705%, 07/11/25 | 750 | 743004 |
| Ω | 4.663%, 09/09/25 | 1000 | 983108 |
| TOTAL CANADA | TOTAL CANADA |  | 29994908 |
| FRANCE — (0.7%) | FRANCE — (0.7%) | FRANCE — (0.7%) | FRANCE — (0.7%) |
| TotalEnergies Capital SA | TotalEnergies Capital SA |  |  |
| Ω | 4.480%, 05/05/25 | 6500 | 6496071 |
| GERMANY — (1.4%) | GERMANY — (1.4%) | GERMANY — (1.4%) | GERMANY — (1.4%) |
| BASF SE | BASF SE |  |  |
| Ω | 4.760%, 06/12/25 | 7000 | 6960463 |
| Ω | 4.731%, 11/07/25 | 2000 | 1952142 |
| VW Credit, Inc. | VW Credit, Inc. |  |  |
| Ω | 4.632%, 05/05/25 | 2750 | 2748223 |
| Ω | 4.840%, 06/02/25 | 2750 | 2738228 |
| TOTAL GERMANY | TOTAL GERMANY |  | 14399056 |
| ITALY — (1.0%) | ITALY — (1.0%) | ITALY — (1.0%) | ITALY — (1.0%) |
| Enel Finance America LLC | Enel Finance America LLC |  |  |
| Ω | 4.600%, 06/06/25 | 5500 | 5473658 |
| Intesa Sanpaolo <br> Funding LLC | Intesa Sanpaolo <br> Funding LLC |  |  |
|  | 4.833%, 06/13/25 | 5000 | 4970887 |
| TOTAL ITALY | TOTAL ITALY |  | 10444545 |
| JAPAN — (1.0%) | JAPAN — (1.0%) | JAPAN — (1.0%) | JAPAN — (1.0%) |
| Mizuho Bank Ltd. | Mizuho Bank Ltd. |  |  |
| Ω | 4.496%, 06/03/25 | 7500 | 7468653 |
| MUFG Bank Ltd. | MUFG Bank Ltd. |  |  |
|  | 4.537%, 05/15/25 | 2000 | 1996401 |

---

------

**DFA Commodity Strategy Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | 4.527%, 05/16/25 | 1000 | $998081 |
| TOTAL JAPAN | TOTAL JAPAN |  | 10463135 |
| UNITED KINGDOM — (2.7%) | UNITED KINGDOM — (2.7%) | UNITED KINGDOM — (2.7%) | UNITED KINGDOM — (2.7%) |
| BAT International Finance <br> PLC | BAT International Finance <br> PLC |  |  |
| Ω | 4.812%, 05/05/25 | 3500 | 3497773 |
| Ω | 4.752%, 08/25/25 | 1000 | 984954 |
| Lloyds Bank PLC | Lloyds Bank PLC |  |  |
|  | 4.480%, 07/07/25 | 7500 | 7437883 |
| LSEGA Financing PLC | LSEGA Financing PLC |  |  |
| Ω | 4.510%, 05/06/25 | 750 | 749427 |
| Ω | 4.681%, 05/19/25 | 7000 | 6983109 |
| Reckitt Benckiser Treasury <br> Services PLC | Reckitt Benckiser Treasury <br> Services PLC |  |  |
| Ω | 4.731%, 05/19/25 | 7000 | 6983595 |
| Ω | 4.727%, 06/23/25 | 500 | 496537 |
| TOTAL UNITED <br> KINGDOM | TOTAL UNITED <br> KINGDOM |  | 27133278 |
| UNITED STATES — (22.0%) | UNITED STATES — (22.0%) | UNITED STATES — (22.0%) | UNITED STATES — (22.0%) |
| AbbVie, Inc. | AbbVie, Inc. |  |  |
| Ω | 4.579%, 05/22/25 | 4400 | 4387518 |
| Amcor Flexibles North <br> America, Inc. | Amcor Flexibles North <br> America, Inc. |  |  |
| Ω | 4.782%, 05/19/25 | 6500 | 6483647 |
| American Electric Power <br> Co., Inc. | American Electric Power <br> Co., Inc. |  |  |
| Ω | 4.645%, 05/05/25 | 4000 | 3997455 |
| Ω | 4.703%, 05/06/25 | 1500 | 1498854 |
| American Honda Finance <br> Corp. | American Honda Finance <br> Corp. |  |  |
|  | 4.668%, 05/12/25 | 6296 | 6286375 |
|  | 4.844%, 06/24/25 | 500 | 496400 |
| Amphenol Corp. | Amphenol Corp. |  |  |
| Ω | 4.531%, 05/07/25 | 850 | 849255 |
| Ω | 4.760%, 05/27/25 | 4000 | 3986181 |
| Aon Corp. | Aon Corp. |  |  |
| Ω | 4.615%, 06/05/25 | 3000 | 2986170 |
| Ω | 4.653%, 07/09/25 | 5000 | 4955245 |
| Avangrid, Inc. | Avangrid, Inc. |  |  |
| Ω | 4.581%, 06/18/25 | 7500 | 7452837 |
| Becton Dickinson & Co. | Becton Dickinson & Co. |  |  |
| Ω | 4.593%, 05/08/25 | 3400 | 3396529 |
| Ω | 4.756%, 05/29/25 | 2500 | 2490603 |
| Boston Properties LP | Boston Properties LP |  |  |
| Ω | 4.690%, 05/05/25 | 750 | 749519 |
| Ω | 4.845%, 05/14/25 | 4000 | 3992780 |
| Ω | 4.793%, 05/27/25 | 2100 | 2092628 |
| BP Capital Markets PLC | BP Capital Markets PLC |  |  |
| Ω | 4.596%, 06/26/25 | 7500 | 7447073 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) |
| Broadcom, Inc. | Broadcom, Inc. |  |  |
| Ω | 4.640%, 05/20/25 | 2000 | $1994838 |
| Ω | 4.863%, 07/08/25 | 5500 | 5450739 |
| Campbell's Co. | Campbell's Co. |  |  |
| Ω | 4.591%, 05/20/25 | 1500 | 1496120 |
| Conagra Brands, Inc. | Conagra Brands, Inc. |  |  |
| Ω | 4.988%, 05/09/25 | 5000 | 4994113 |
| CRH America Finance, Inc. | CRH America Finance, Inc. |  |  |
| Ω | 4.806%, 05/28/25 | 2000 | 1992746 |
| Ω | 4.825%, 06/09/25 | 5250 | 5222759 |
| Crown Castle, Inc. | Crown Castle, Inc. |  |  |
| Ω | 5.004%, 05/01/25 | 5250 | 5249297 |
| Ω | 5.015%, 06/04/25 | 250 | 248787 |
| Dow Chemical Co. | Dow Chemical Co. |  |  |
|  | 4.675%, 05/07/25 | 2000 | 1998203 |
|  | 4.761%, 06/16/25 | 1750 | 1739265 |
|  | 4.768%, 06/27/25 | 3750 | 3721656 |
| Duke Energy Corp. | Duke Energy Corp. |  |  |
| Ω | 4.614%, 05/06/25 | 500 | 499622 |
| EIDP, Inc. | EIDP, Inc. |  |  |
| Ω | 4.645%, 05/20/25 | 7500 | 7480710 |
| Emerson Electric Co. | Emerson Electric Co. |  |  |
| Ω | 4.462%, 06/04/25 | 8000 | 7966296 |
| Enbridge U.S., Inc. | Enbridge U.S., Inc. |  |  |
| Ω | 4.806%, 05/20/25 | 2000 | 1994850 |
| Ω | 4.835%, 05/22/25 | 3500 | 3490071 |
| Entergy Corp. | Entergy Corp. |  |  |
| Ω | 4.659%, 05/09/25 | 7750 | 7741108 |
| ERP Operating LP | ERP Operating LP |  |  |
| Ω | 4.735%, 05/21/25 | 4000 | 3989176 |
| Eversource Energy | Eversource Energy |  |  |
| Ω | 4.894%, 05/05/25 | 5750 | 5746304 |
| General Motors Financial <br> Co., Inc. | General Motors Financial <br> Co., Inc. |  |  |
| Ω | 4.673%, 06/04/25 | 3000 | 2986262 |
| Ω | 4.749%, 07/09/25 | 2750 | 2724743 |
| Honeywell International, <br> Inc. | Honeywell International, <br> Inc. |  |  |
| Ω | 4.602%, 07/01/25 | 6000 | 5955160 |
| Ω | 4.607%, 08/19/25 | 1250 | 1233433 |
| Ω | 4.579%, 08/27/25 | 500 | 492915 |
| HSBC USA, Inc. | HSBC USA, Inc. |  |  |
| Ω | 4.725%, 05/19/25 | 1000 | 997693 |
| Jabil, Inc. | Jabil, Inc. |  |  |
| Ω | 5.021%, 05/02/25 | 5250 | 5248501 |
| Marriott International, Inc. | Marriott International, Inc. |  |  |
| Ω | 4.797%, 05/21/25 | 5000 | 4986179 |
| Ω | 4.717%, 05/27/25 | 1650 | 1644192 |
| Mondelez International, <br> Inc. | Mondelez International, <br> Inc. |  |  |
| Ω | 4.641%, 06/23/25 | 1250 | 1241349 |
| Mosaic Co. | Mosaic Co. |  |  |
| Ω | 4.834%, 05/15/25 | 7000 | 6986484 |

---

------

**DFA Commodity Strategy Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) |
| National Grid North <br> America, Inc. | National Grid North <br> America, Inc. |  |  |
| Ω | 4.603%, 05/08/25 | 7750 | $7742088 |
| National Securities <br> Clearing Corp. | National Securities <br> Clearing Corp. |  |  |
| Ω | 4.426%, 06/16/25 | 3000 | 2982935 |
| NextEra Energy Capital <br> Holdings, Inc. | NextEra Energy Capital <br> Holdings, Inc. |  |  |
| Ω | 4.741%, 06/10/25 | 1500 | 1492022 |
| Northrop Grumman Corp. | Northrop Grumman Corp. |  |  |
|  | 4.686%, 06/12/25 | 7500 | 7458344 |
| Parker-Hannifin Corp. | Parker-Hannifin Corp. |  |  |
| Ω | 4.598%, 05/06/25 | 6000 | 5995413 |
| Ω | 4.595%, 05/07/25 | 2000 | 1998215 |
| Ω | 4.667%, 06/06/25 | 2000 | 1990421 |
| RTX Corp. | RTX Corp. |  |  |
| Ω | 4.834%, 05/21/25 | 2000 | 1994392 |
| Ω | 4.792%, 05/28/25 | 4000 | 3985428 |
| Sherwin-Williams Co. | Sherwin-Williams Co. |  |  |
| Ω | 4.464%, 06/11/25 | 1000 | 994818 |
| Stanley Black & Decker, <br> Inc. | Stanley Black & Decker, <br> Inc. |  |  |
| Ω | 4.911%, 06/24/25 | 2000 | 1985822 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) |
| Ω | 4.857%, 06/25/25 | 4750 | $4715716 |
| Ω | 4.856%, 06/26/25 | 1000 | 992653 |
| The Campbell's Company | The Campbell's Company |  |  |
| Ω | 4.833%, 06/25/25 | 4250 | 4219126 |
| Ω | 4.649%, 06/26/25 | 1500 | 1488464 |
| TOTAL UNITED STATES | TOTAL UNITED STATES |  | 221098497 |
| TOTAL COMMERCIAL <br> PAPER <br>(Cost $328,011,019) | TOTAL COMMERCIAL <br> PAPER <br>(Cost $328,011,019) |  | 327968775 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $1,006,574,910) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $1,006,574,910) |  | 1005878993 |

---

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** |  |
| SECURITIES LENDING COLLATERAL — (0.0%) | SECURITIES LENDING COLLATERAL — (0.0%) | SECURITIES LENDING COLLATERAL — (0.0%) | SECURITIES LENDING COLLATERAL — (0.0%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 11285 | 130506 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $1,006,705,416) | (Cost $1,006,705,416) |  | $1006009499 |

---

As of April 30, 2025, DFA Commodity Strategy Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| CBOT Corn Futures | &nbsp;&nbsp; 156 | 07/14/25 | &nbsp;&nbsp; $3654730 | &nbsp;&nbsp; $3708900 | &nbsp;&nbsp; $54170 |
| CBOT Soybean Futures | &nbsp;&nbsp; 76 | 07/14/25 | &nbsp;&nbsp; 3950350 | &nbsp;&nbsp; 3969100 | &nbsp;&nbsp; 18750 |
| CBOT Soybean Meal Futures | &nbsp;&nbsp; 74 | 07/14/25 | &nbsp;&nbsp; 2218520 | &nbsp;&nbsp; 2205200 | &nbsp;&nbsp; (13320)<br>|
| CBOT Soybean Oil Futures | &nbsp;&nbsp; 86 | 07/14/25 | &nbsp;&nbsp; 2402772 | &nbsp;&nbsp; 2526852 | &nbsp;&nbsp; 124080 |
| CBOT Wheat Futures | &nbsp;&nbsp; 66 | 07/14/25 | &nbsp;&nbsp; 1785688 | &nbsp;&nbsp; 1751475 | &nbsp;&nbsp; (34213)<br>|
| CME Lean Hogs Futures | &nbsp;&nbsp; 35 | 07/15/25 | &nbsp;&nbsp; 1407135 | &nbsp;&nbsp; 1380400 | &nbsp;&nbsp; (26735)<br>|
| CME Live Cattle Futures | &nbsp;&nbsp; 29 | 08/29/25 | &nbsp;&nbsp; 2389644 | &nbsp;&nbsp; 2366980 | &nbsp;&nbsp; (22664)<br>|
| COMEX Copper Futures | &nbsp;&nbsp; 33 | 07/29/25 | &nbsp;&nbsp; 4101167 | &nbsp;&nbsp; 3802425 | &nbsp;&nbsp; (298742)<br>|
| COMEX Gold 100 Troy Oz. Futures | &nbsp;&nbsp; 34 | 08/27/25 | &nbsp;&nbsp; 11363649 | &nbsp;&nbsp; 11382860 | &nbsp;&nbsp; 19211 |
| COMEX Silver Futures | &nbsp;&nbsp; 19 | 07/29/25 | &nbsp;&nbsp; 3248256 | &nbsp;&nbsp; 3118660 | &nbsp;&nbsp; (129596)<br>|
| Ice Brent Crude Oil Futures | &nbsp;&nbsp; 26 | 07/10/25 | &nbsp;&nbsp; 1670272 | &nbsp;&nbsp; 1543100 | &nbsp;&nbsp; (127172)<br>|
| Ice Brent Crude Oil Futures | &nbsp;&nbsp; 66 | 07/31/25 | &nbsp;&nbsp; 4171713 | &nbsp;&nbsp; 3988380 | &nbsp;&nbsp; (183333)<br>|
| KCBT Hard Red Winter Wheat Futures | &nbsp;&nbsp; 42 | 07/14/25 | &nbsp;&nbsp; 1185250 | &nbsp;&nbsp; 1111950 | &nbsp;&nbsp; (73300)<br>|
| LME Lead Futures | &nbsp;&nbsp; 11 | 05/19/25 | &nbsp;&nbsp; 546357 | &nbsp;&nbsp; 538373 | &nbsp;&nbsp; (7984)<br>|
| LME Lead Futures | &nbsp;&nbsp; 14 | 07/14/25 | &nbsp;&nbsp; 707005 | &nbsp;&nbsp; 686010 | &nbsp;&nbsp; (20995)<br>|
| LME Nickel Futures | &nbsp;&nbsp; 15 | 05/19/25 | &nbsp;&nbsp; 1400931 | &nbsp;&nbsp; 1374298 | &nbsp;&nbsp; (26633)<br>|
| LME Nickel Futures | &nbsp;&nbsp; 19 | 07/14/25 | &nbsp;&nbsp; 1825644 | &nbsp;&nbsp; 1755451 | &nbsp;&nbsp; (70193)<br>|
| LME Primary Aluminum Futures | &nbsp;&nbsp; 49 | 07/14/25 | &nbsp;&nbsp; 3073064 | &nbsp;&nbsp; 2938334 | &nbsp;&nbsp; (134730)<br>|
| LME Primary Aluminum Futures | &nbsp;&nbsp; 37 | 05/19/25 | &nbsp;&nbsp; 2438115 | &nbsp;&nbsp; 2208151 | &nbsp;&nbsp; (229964)<br>|
| LME Zinc Futures | &nbsp;&nbsp; 20 | 05/19/25 | &nbsp;&nbsp; 1411909 | &nbsp;&nbsp; 1285120 | &nbsp;&nbsp; (126789)<br>|
| LME Zinc Futures | &nbsp;&nbsp; 23 | 07/14/25 | &nbsp;&nbsp; 1617929 | &nbsp;&nbsp; 1487260 | &nbsp;&nbsp; (130669)<br>|
| Nybot Csc 'c' Coffee Futures | &nbsp;&nbsp; 16 | 07/21/25 | &nbsp;&nbsp; 2295856 | &nbsp;&nbsp; 2404500 | &nbsp;&nbsp; 108644 |
| Nybot Csc No. 11 World Sugar Futures | &nbsp;&nbsp; 87 | 06/30/25 | &nbsp;&nbsp; 1802291 | &nbsp;&nbsp; 1680840 | &nbsp;&nbsp; (121451)<br>|

---

------

**DFA Commodity Strategy Portfolio**

**CONTINUED**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| NYBOT CTN No. 2 Cotton Futures | &nbsp;&nbsp; 30 | 07/09/25 | &nbsp;&nbsp; $1014132 | &nbsp;&nbsp; $990301 | &nbsp;&nbsp; $(23831)<br>|
| NYMEX Henry Hub Natural Gas Futures | &nbsp;&nbsp; 163 | 06/26/25 | &nbsp;&nbsp; 6447854 | &nbsp;&nbsp; 5925050 | &nbsp;&nbsp; (522804)<br>|
| NYMEX Light Sweet Crude Oil Futures | &nbsp;&nbsp; 60 | 06/20/25 | &nbsp;&nbsp; 3946617 | &nbsp;&nbsp; 3457200 | &nbsp;&nbsp; (489417)<br>|
| NYMEX NY Harbor ULSD Futures | &nbsp;&nbsp; 14 | 06/30/25 | &nbsp;&nbsp; 1273912 | &nbsp;&nbsp; 1167180 | &nbsp;&nbsp; (106732)<br>|
| NYMEX Reformulated Gasoline Blend Futures | &nbsp;&nbsp; 16 | 06/30/25 | &nbsp;&nbsp; 1442660 | &nbsp;&nbsp; 1339094 | &nbsp;&nbsp; (103566)<br>|
| **Total** |  |  | &nbsp;&nbsp; **$74793422** | &nbsp;&nbsp; **$72093444** | &nbsp;&nbsp; **$(2699978)**<br>|
| **Short Position contracts:** |  |  |  |  |  |
| LME Lead Futures | &nbsp;&nbsp; (11)<br>| 05/19/25 | &nbsp;&nbsp; (564118)<br>| &nbsp;&nbsp; (538373)<br>| &nbsp;&nbsp; 25745 |
| LME Lead Futures | &nbsp;&nbsp; (2)<br>| 07/14/25 | &nbsp;&nbsp; (100828)<br>| &nbsp;&nbsp; (98002)<br>| &nbsp;&nbsp; 2826 |
| LME Nickel Futures | &nbsp;&nbsp; (15)<br>| 05/19/25 | &nbsp;&nbsp; (1452463)<br>| &nbsp;&nbsp; (1374298)<br>| &nbsp;&nbsp; 78165 |
| LME Nickel Futures | &nbsp;&nbsp; (2)<br>| 07/14/25 | &nbsp;&nbsp; (194737)<br>| &nbsp;&nbsp; (184784)<br>| &nbsp;&nbsp; 9953 |
| LME Primary Aluminum Futures | &nbsp;&nbsp; (37)<br>| 05/19/25 | &nbsp;&nbsp; (2380510)<br>| &nbsp;&nbsp; (2208150)<br>| &nbsp;&nbsp; 172360 |
| LME Primary Aluminum Futures | &nbsp;&nbsp; (7)<br>| 07/14/25 | &nbsp;&nbsp; (444721)<br>| &nbsp;&nbsp; (419762)<br>| &nbsp;&nbsp; 24959 |
| LME Zinc Futures | &nbsp;&nbsp; (20)<br>| 05/19/25 | &nbsp;&nbsp; (1441185)<br>| &nbsp;&nbsp; (1285120)<br>| &nbsp;&nbsp; 156065 |
| LME Zinc Futures | &nbsp;&nbsp; (3)<br>| 07/14/25 | &nbsp;&nbsp; (214239)<br>| &nbsp;&nbsp; (193991)<br>| &nbsp;&nbsp; 20248 |
| **Total** |  |  | &nbsp;&nbsp; **$(6792801)**<br>| &nbsp;&nbsp; **$(6302480)**<br>| &nbsp;&nbsp; **$490321** |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$68000621** | &nbsp;&nbsp; **$65790964** | &nbsp;&nbsp; **$(2209657)**<br>|

---

As of April 30, 2025, DFA Commodity Strategy Portfolio had entered into the following outstanding Total Return Swaps:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference** <br> **Entity\***<br>| **Counterparty\*\*** | **Notional**<br> **Amount** | **Notional**<br> **Amount** | **Payments** <br> **made by**<br> **the Fund\*\*\***<br>| **Expiration**<br> **Date**<br>| **Upfront**<br> **Premiums**<br> **Paid**<br>| **Upfront**<br> **Premiums**<br> **Received**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| BNP <br> BPCOENHC <br> Custom <br> Strategy (1)<br>| BNP Paribas | USD | 89470698 | 3 Month USD <br> UST 13-Week <br> Bill High <br> Discount Rate <br> plus 0.18%<br>| 05/28/25 |  |  | $(1477914)<br>| $(1477914)<br>|
| BNP <br> ENHADYNC <br> Custom <br> Strategy (2)<br>| BNP Paribas | USD | 59997315 | 3 Month USD <br> UST 13-Week <br> Bill High <br> Discount Rate <br> plus 0.14%<br>| 05/28/25 |  |  | (1025773)<br>| (1025773)<br>|
| BofA Merrill <br> Lynch <br> Commodity <br> MLBXPPDM <br> Total Return <br> Index (3)<br>| Bank of America <br> Corp.<br>| USD | 126481976 | 3 Month USD <br> UST 13-Week <br> Bill High <br> Discount Rate <br> plus 0.14%<br>| 05/28/25 |  |  | (2010184)<br>| (2010184)<br>|
| BofA Merrill <br> Lynch Total <br> Return <br> Index (4)<br>| Bank of America <br> Corp.<br>| USD | 119091121 | 3 Month USD <br> UST 13-Week <br> Bill High <br> Discount Rate <br> plus 0.18%<br>| 05/28/25 |  |  | (1876909)<br>| (1876909)<br>|
| Citi <br> Commodities <br> Pre-Roll RS <br> Total Return <br> Index (5)<br>| Citibank, N.A. | USD | 126790166 | 3 Month USD <br> UST 13-Week <br> Bill High <br> Discount Rate <br> plus 0.18%<br>| 06/26/25 |  |  | (1402634)<br>| (1402634)<br>|
| Citi Custom <br> CIVICS H <br> Total Return <br> Index (6)<br>| Citibank, N.A. | USD | 67694994 | 3 Month USD <br> UST 13-Week <br> Bill High <br> Discount Rate <br> plus 0.14%<br>| 06/26/25 |  |  | (727388)<br>| (727388)<br>|

---

------

**DFA Commodity Strategy Portfolio**

**CONTINUED**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference** <br> **Entity\***<br>| **Counterparty\*\*** | **Notional**<br> **Amount** | **Notional**<br> **Amount** | **Payments** <br> **made by**<br> **the Fund\*\*\***<br>| **Expiration**<br> **Date**<br>| **Upfront**<br> **Premiums**<br> **Paid**<br>| **Upfront**<br> **Premiums**<br> **Received**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| RBC <br> Custom <br> RBCADM0T <br> Total Return <br> Index (7)<br>| Royal Bank of <br> Canada<br>| USD | 101527481 | 3 Month USD <br> UST 13-Week <br> Bill High <br> Discount Rate <br> plus 0.14%<br>| 05/27/25 |  |  | $(1878543)<br>| $(1878543)<br>|
| RBC <br> Custom <br> RBCADMDT <br> Total Return <br> Index (8)<br>| Royal Bank of <br> Canada<br>| USD | 94833174 | 3 Month USD <br> UST 13-Week <br> Bill High <br> Discount Rate <br> plus 0.18%<br>| 05/27/25 |  |  | (1768865)<br>| (1768865)<br>|
| UBS <br> UBSIB190 <br> Custom <br> Strategy (9)<br>| UBS AG | USD | 209800219 | 3 Month USD <br> UST 13-Week <br> Bill High <br> Discount Rate <br> plus 0.14%<br>| 07/29/25 |  |  | (4371045)<br>| (4371045)<br>|
| **Total** |  |  |  |  |  | **—** | **—** | **$(16539255)**<br>| **$(16539255)**<br>|

---

\*

Portfolio receives the price appreciation of the reference entity at maturity.

\*\*

As of April 30, 2025, the counterparties had deposited in segregated accounts securities with a value of $3,017,311 in connection with open total return swap contracts.

\*\*\*

Payments received (paid) by the Fund are exchanged at maturity.

&nbsp;&nbsp;&nbsp;&nbsp;(1) The following table represents the individual positions within the Total Return Swap as of April 30, 2025:

**Referenced Commodity — Long Position** 

---

| | | |
|:---|:---|:---|
| **Futures Contract** | **% of Index** | **Notional Amount** |
| CBOT Soybean Oil Futures | 3.92% | $3507358  |
| CBOT Corn Futures | 6.77% | 6069980  |
| NYMEX Light Sweet Crude Oil Futures | 6.40% | 5736664  |
| ICE Brent Crude Oil Futures | 6.27% | 5611597  |
| NYBOT CTN No. 2 Cotton Futures | 1.52% | 1357024  |
| COMEX Gold 100 Troy Oz. Futures | 13.94% | 12472282  |
| COMEX Copper Futures | 5.80% | 5186015  |
| NYMEX NY Harbor ULSD Futures | 2.19% | 1958549  |
| NYBOT CSC 'C' Coffee Futures | 4.42% | 3953681  |
| KCBT Hard Red Winter Wheat Futures | 1.38% | 1230377  |
| LME Primary Aluminum Futures | 3.88% | 3469943  |
| CME Live Cattle Futures | 4.50% | 4022110  |
| CME Lean Hogs Futures | 2.57% | 2297503  |
| LME Lead Futures | 0.73% | 649640  |
| LME Nickel Futures | 1.89% | 1687360  |
| LME Zinc Futures | 2.00% | 1791906  |
| NYMEX Henry Hub Natural Gas Futures | 9.16% | 8197020  |
| ICE Gasoil Futures | 2.85% | 2553685  |
| CBOT Soybean Futures | 6.10% | 5455929  |
| NYBOT CSC No. 11 World Sugar Futures | 2.60% | 2327985  |
| COMEX Silver Futures | 3.77% | 3371231  |
| CBOT Soybean Meal Futures | 2.71% | 2421105  |
| CBOT Wheat Futures | 2.17% | 1942975  |
| NYMEX Reformulated Gasoline Blend Futures | 2.46% | 2198779  |
| **Total Notional Amount** |  | **$89470698**  |

---

------

**DFA Commodity Strategy Portfolio**

**CONTINUED**

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

&nbsp;&nbsp;&nbsp;&nbsp;(2) The following table represents the individual positions within the Total Return Swap as of April 30, 2025:

**Referenced Commodity — Long Position** 

---

| | | |
|:---|:---|:---|
| **Futures Contract** | **% of Index** | **Notional Amount** |
| CBOT Soybean Oil Futures | 3.86% | $2317358  |
| CBOT Corn Futures | 5.65% | 3387916  |
| NYMEX Light Sweet Crude Oil Futures | 5.28% | 3165557  |
| ICE Brent Crude Oil Futures | 6.09% | 3655993  |
| NYBOT CTN No. 2 Cotton Futures | 1.50% | 898586  |
| COMEX Gold 100 Troy Oz. Futures | 17.36% | 10414993  |
| COMEX Copper Futures | 5.71% | 3425923  |
| NYMEX NY Harbor ULSD Futures | 1.80% | 1080750  |
| NYBOT CSC 'C' Coffee Futures | 3.64% | 2181531  |
| KCBT Hard Red Winter Wheat Futures | 1.70% | 1018404  |
| LME Primary Aluminum Futures | 3.83% | 2297705  |
| CME Live Cattle Futures | 3.62% | 2174385  |
| CME Lean Hogs Futures | 2.09% | 1252728  |
| LME Lead Futures | 0.90% | 537718  |
| LME Nickel Futures | 2.33% | 1396556  |
| LME Zinc Futures | 1.97% | 1184226  |
| NYMEX Henry Hub Natural Gas Futures | 9.00% | 5407184  |
| ICE Gasoil Futures | 2.35% | 1409153  |
| CBOT Soybean Futures | 6.04% | 3625632  |
| NYBOT CSC No. 11 World Sugar Futures | 2.57% | 1541530  |
| COMEX Silver Futures | 4.65% | 2787909  |
| CBOT Soybean Meal Futures | 3.35% | 2010496  |
| CBOT Wheat Futures | 2.67% | 1603671  |
| NYMEX Reformulated Gasoline Blend Futures | 2.04% | 1221411  |
| **Total Notional Amount** |  | **$59997315**  |

---

&nbsp;&nbsp;&nbsp;&nbsp;(3) The following table represents the individual positions within the Total Return Swap as of April 30, 2025:

**Referenced Commodity — Long Position** 

---

| | | |
|:---|:---|:---|
| **Futures Contract** | **% of Index** | **Notional Amount** |
| CBOT Soybean Oil Futures | 3.86% | $4885286  |
| CBOT Corn Futures | 5.65% | 7142157  |
| NYMEX Light Sweet Crude Oil Futures | 5.28% | 6673396  |
| ICE Brent Crude Oil Futures | 6.08% | 7707298  |
| NYBOT CTN No. 2 Cotton Futures | 1.50% | 1894333  |
| COMEX Gold 100 Troy Oz. Futures | 17.36% | 21956133  |
| COMEX Copper Futures | 5.71% | 7222282  |
| NYMEX NY Harbor ULSD Futures | 1.80% | 2278358  |
| NYBOT CSC 'C' Coffee Futures | 3.64% | 4598944  |
| KCBT Hard Red Winter Wheat Futures | 1.70% | 2146924  |
| LME Primary Aluminum Futures | 3.83% | 4843855  |
| CME Live Cattle Futures | 3.62% | 4583881  |
| CME Lean Hogs Futures | 2.09% | 2640910  |
| LME Lead Futures | 0.90% | 1133577  |
| LME Nickel Futures | 2.33% | 2944118  |
| LME Zinc Futures | 1.97% | 2496500  |
| NYMEX Henry Hub Natural Gas Futures | 9.01% | 11399033 |
| ICE Gasoil Futures | 2.35% | 2970673  |
| CBOT Soybean Futures | 6.04% | 7643295  |
| NYBOT CSC No. 11 World Sugar Futures | 2.57% | 3249742  |

---

------

**DFA Commodity Strategy Portfolio**

**CONTINUED**

---

| | | |
|:---|:---|:---|
| **Futures Contract** | **% of Index** | **Notional Amount** |
| COMEX Silver Futures | 4.65% | 5877267  |
| CBOT Soybean Meal Futures | 3.35% | 4238382  |
| CBOT Wheat Futures | 2.67% | 3380743  |
| NYMEX Reformulated Gasoline Blend Futures | 2.04% | 2574889  |
| **Total Notional Amount** |  | **$126481976** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(4) The following table represents the individual positions within the Total Return Swap as of April 30, 2025:

**Referenced Commodity — Long Position** 

---

| | | |
|:---|:---|:---|
| **Futures Contract** | **% of Index** | **Notional Amount** |
| CBOT Soybean Oil Futures | 3.92% | $4668514  |
| CBOT Corn Futures | 6.77% | 8079525  |
| NYMEX Light Sweet Crude Oil Futures | 6.41% | 7635861  |
| ICE Brent Crude Oil Futures | 6.27% | 7469389  |
| NYBOT CTN No. 2 Cotton Futures | 1.52% | 1806285  |
| COMEX Gold 100 Troy Oz. Futures | 13.94% | 16601389  |
| COMEX Copper Futures | 5.80% | 6902912  |
| NYMEX NY Harbor ULSD Futures | 2.19% | 2606952  |
| NYBOT CSC 'C' Coffee Futures | 4.42% | 5262598  |
| KCBT Hard Red Winter Wheat Futures | 1.38% | 1637709  |
| LME Primary Aluminum Futures | 3.88% | 4618713  |
| CME Live Cattle Futures | 4.50% | 5353681  |
| CME Lean Hogs Futures | 2.57% | 3058121  |
| LME Lead Futures | 0.73% | 864711  |
| LME Nickel Futures | 1.89% | 2245982  |
| LME Zinc Futures | 2.00% | 2385140  |
| NYMEX Henry Hub Natural Gas Futures | 9.15% | 10910747  |
| ICE Gasoil Futures | 2.85% | 3399115  |
| CBOT Soybean Futures | 6.10% | 7262184  |
| NYBOT CSC No. 11 World Sugar Futures | 2.60% | 3098695  |
| COMEX Silver Futures | 3.77% | 4487321  |
| CBOT Soybean Meal Futures | 2.71% | 3222643  |
| CBOT Wheat Futures | 2.17% | 2586221  |
| NYMEX Reformulated Gasoline Blend Futures | 2.46% | 2926713  |
| **Total Notional Amount** |  | **$119091121**  |

---

&nbsp;&nbsp;&nbsp;&nbsp;(5) The following table represents the individual positions within the Total Return Swap as of April 30, 2025:

**Referenced Commodity — Long Position** 

---

| | | |
|:---|:---|:---|
| **Futures Contract** | **% of Index** | **Notional Amount** |
| CBOT Soybean Oil Futures | 3.92% | $4970326  |
| CBOT Corn Futures | 6.77% | 8601853  |
| NYMEX Light Sweet Crude Oil Futures | 6.40% | 8129506  |
| ICE Brent Crude Oil Futures | 6.27% | 7952273  |
| NYBOT CTN No. 2 Cotton Futures | 1.52% | 1923058  |
| COMEX Gold 100 Troy Oz. Futures | 13.94% | 17674643  |
| COMEX Copper Futures | 5.80% | 7349174  |
| NYMEX NY Harbor ULSD Futures | 2.19% | 2775487  |
| NYBOT CSC 'C' Coffee Futures | 4.42% | 5602817  |
| KCBT Hard Red Winter Wheat Futures | 1.38% | 1743584  |

---

------

**DFA Commodity Strategy Portfolio**

**CONTINUED**

---

| | | |
|:---|:---|:---|
| **Futures Contract** | **% of Index** | **Notional Amount** |
| LME Primary Aluminum Futures | 3.88% | 4917305  |
| CME Live Cattle Futures | 4.50% | 5699788  |
| CME Lean Hogs Futures | 2.57% | 3255823  |
| LME Lead Futures | 0.73% | 920613  |
| LME Nickel Futures | 1.89% | 2391181  |
| LME Zinc Futures | 2.00% | 2539335  |
| NYMEX Henry Hub Natural Gas Futures | 9.16% | 11616109  |
| ICE Gasoil Futures | 2.85% | 3618862  |
| CBOT Soybean Futures | 6.10% | 7731672  |
| NYBOT CSC No. 11 World Sugar Futures | 2.60% | 3299020  |
| COMEX Silver Futures | 3.77% | 4777419  |
| CBOT Soybean Meal Futures | 2.71% | 3430982  |
| CBOT Wheat Futures | 2.17% | 2753416  |
| NYMEX Reformulated Gasoline Blend Futures | 2.46% | 3115920  |
| **Total Notional Amount** |  | **$126790166**  |

---

&nbsp;&nbsp;&nbsp;&nbsp;(6) The following table represents the individual positions within the Total Return Swap as of April 30, 2025:

**Referenced Commodity — Long Position** 

---

| | | |
|:---|:---|:---|
| **Futures Contract** | **% of Index** | **Notional Amount** |
| CBOT Soybean Oil Futures | 3.86% | $2614676  |
| CBOT Corn Futures | 5.65% | 3822586  |
| NYMEX Light Sweet Crude Oil Futures | 5.28% | 3571699  |
| ICE Brent Crude Oil Futures | 6.09% | 4125058  |
| NYBOT CTN No. 2 Cotton Futures | 1.50% | 1013875  |
| COMEX Gold 100 Troy Oz. Futures | 17.36% | 11751240  |
| COMEX Copper Futures | 5.71% | 3865471  |
| NYMEX NY Harbor ULSD Futures | 1.80% | 1219410  |
| NYBOT CSC 'C' Coffee Futures | 3.64% | 2461422  |
| KCBT Hard Red Winter Wheat Futures | 1.70% | 1149065  |
| LME Primary Aluminum Futures | 3.83% | 2592501  |
| CME Live Cattle Futures | 3.62% | 2453360  |
| CME Lean Hogs Futures | 2.09% | 1413454  |
| LME Lead Futures | 0.90% | 606707  |
| LME Nickel Futures | 2.33% | 1575735  |
| LME Zinc Futures | 1.97% | 1336163  |
| NYMEX Henry Hub Natural Gas Futures | 9.00% | 6100928  |
| ICE Gasoil Futures | 2.35% | 1589948  |
| CBOT Soybean Futures | 6.04% | 4090803  |
| NYBOT CSC No. 11 World Sugar Futures | 2.57% | 1739309  |
| COMEX Silver Futures | 4.65% | 3145599  |
| CBOT Soybean Meal Futures | 3.35% | 2268444  |
| CBOT Wheat Futures | 2.67% | 1809423  |
| NYMEX Reformulated Gasoline Blend Futures | 2.04% | 1378118  |
| **Total Notional Amount** |  | **$67694994**  |

---

------

**DFA Commodity Strategy Portfolio**

**CONTINUED**

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

&nbsp;&nbsp;&nbsp;&nbsp;(7) The following table represents the individual positions within the Total Return Swap as of April 30, 2025:

**Referenced Commodity — Long Position** 

---

| | | |
|:---|:---|:---|
| **Futures Contract** | **% of Index** | **Notional Amount** |
| CBOT Soybean Oil Futures | 3.86% | $3921434  |
| CBOT Corn Futures | 5.65% | 5733032  |
| NYMEX Light Sweet Crude Oil Futures | 5.28% | 5356756  |
| ICE Brent Crude Oil Futures | 6.09% | 6186672  |
| NYBOT CTN No. 2 Cotton Futures | 1.50% | 1520587  |
| COMEX Gold 100 Troy Oz. Futures | 17.36% | 17624257  |
| COMEX Copper Futures | 5.71% | 5797349  |
| NYMEX NY Harbor ULSD Futures | 1.80% | 1828845  |
| NYBOT CSC 'C' Coffee Futures | 3.64% | 3691587  |
| KCBT Hard Red Winter Wheat Futures | 1.70% | 1723343  |
| LME Primary Aluminum Futures | 3.83% | 3888177  |
| CME Live Cattle Futures | 3.62% | 3679495  |
| CME Lean Hogs Futures | 2.09% | 2119867  |
| LME Lead Futures | 0.90% | 909926  |
| LME Nickel Futures | 2.33% | 2363253  |
| LME Zinc Futures | 1.97% | 2003948  |
| NYMEX Henry Hub Natural Gas Futures | 9.00% | 9150040  |
| ICE Gasoil Futures | 2.35% | 2384569  |
| CBOT Soybean Futures | 6.04% | 6135297  |
| NYBOT CSC No. 11 World Sugar Futures | 2.57% | 2608578  |
| COMEX Silver Futures | 4.65% | 4717701  |
| CBOT Soybean Meal Futures | 3.35% | 3402163  |
| CBOT Wheat Futures | 2.67% | 2713733  |
| NYMEX Reformulated Gasoline Blend Futures | 2.04% | 2066872  |
| **Total Notional Amount** |  | **$101527481**  |

---

&nbsp;&nbsp;&nbsp;&nbsp;(8) The following table represents the individual positions within the Total Return Swap as of April 30, 2025:

**Referenced Commodity — Long Position** 

---

| | | |
|:---|:---|:---|
| **Futures Contract** | **% of Index** | **Notional Amount** |
| CBOT Soybean Oil Futures | 3.92% | $3717574  |
| CBOT Corn Futures | 6.77% | 6433788  |
| NYMEX Light Sweet Crude Oil Futures | 6.41% | 6080494  |
| ICE Brent Crude Oil Futures | 6.27% | 5947932  |
| NYBOT CTN No. 2 Cotton Futures | 1.52% | 1438358  |
| COMEX Gold 100 Troy Oz. Futures | 13.94% | 13219815  |
| COMEX Copper Futures | 5.80% | 5496842  |
| NYMEX NY Harbor ULSD Futures | 2.19% | 2075936  |
| NYBOT CSC 'C' Coffee Futures | 4.42% | 4190648  |
| KCBT Hard Red Winter Wheat Futures | 1.38% | 1304120  |
| LME Primary Aluminum Futures | 3.88% | 3677916  |
| CME Live Cattle Futures | 4.50% | 4263178  |
| CME Lean Hogs Futures | 2.57% | 2435205  |
| LME Lead Futures | 0.73% | 688576  |
| LME Nickel Futures | 1.89% | 1788493  |
| LME Zinc Futures | 2.00% | 1899305  |
| NYMEX Henry Hub Natural Gas Futures | 9.15% | 8688311  |
| ICE Gasoil Futures | 2.85% | 2706741  |
| CBOT Soybean Futures | 6.10% | 5782933  |
| NYBOT CSC No. 11 World Sugar Futures | 2.60% | 2467514  |

---

------

**DFA Commodity Strategy Portfolio**

**CONTINUED**

---

| | | |
|:---|:---|:---|
| **Futures Contract** | **% of Index** | **Notional Amount** |
| COMEX Silver Futures | 3.77% | 3573288  |
| CBOT Soybean Meal Futures | 2.71% | 2566215  |
| CBOT Wheat Futures | 2.17% | 2059428  |
| NYMEX Reformulated Gasoline Blend Futures | 2.46% | 2330564  |
| **Total Notional Amount** |  | **$94833174**  |

---

&nbsp;&nbsp;&nbsp;&nbsp;(9) The following table represents the individual positions within the Total Return Swap as of April 30, 2025:

**Referenced Commodity — Long Position** 

---

| | | |
|:---|:---|:---|
| **Futures Contract** | **% of Index** | **Notional Amount** |
| CBOT Soybean Oil Futures | 3.86% | $8103399  |
| CBOT Corn Futures | 5.65% | 11846954  |
| NYMEX Light Sweet Crude Oil Futures | 5.28% | 11069403  |
| ICE Brent Crude Oil Futures | 6.09% | 12784374  |
| NYBOT CTN No. 2 Cotton Futures | 1.50% | 3142199  |
| COMEX Gold 100 Troy Oz. Futures | 17.36% | 36419430  |
| COMEX Copper Futures | 5.71% | 11979861  |
| NYMEX NY Harbor ULSD Futures | 1.80% | 3779195  |
| NYBOT CSC 'C' Coffee Futures | 3.64% | 7628435  |
| KCBT Hard Red Winter Wheat Futures | 1.70% | 3561181  |
| LME Primary Aluminum Futures | 3.83% | 8034676  |
| CME Live Cattle Futures | 3.62% | 7603448  |
| CME Lean Hogs Futures | 2.09% | 4380573  |
| LME Lead Futures | 0.90% | 1880305  |
| LME Nickel Futures | 2.33% | 4883515  |
| LME Zinc Futures | 1.97% | 4141034  |
| NYMEX Henry Hub Natural Gas Futures | 9.01% | 18907988  |
| ICE Gasoil Futures | 2.35% | 4927563  |
| CBOT Soybean Futures | 6.03% | 12678209  |
| NYBOT CSC No. 11 World Sugar Futures | 2.57% | 5390464  |
| COMEX Silver Futures | 4.65% | 9748835  |
| CBOT Soybean Meal Futures | 3.35% | 7030357  |
| CBOT Wheat Futures | 2.67% | 5607760  |
| NYMEX Reformulated Gasoline Blend Futures | 2.04% | 4271061  |
| **Total Notional Amount** |  | **$209800219**  |

---

As of April 30, 2025, the value of Rule 144A securities amounted to $384,857,682 or 36.7% of net assets.

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Agency Obligations | &nbsp;&nbsp; — | &nbsp;&nbsp; $2505938 | &nbsp;&nbsp; — | &nbsp;&nbsp; $2505938 |
| Bonds |  |  |  |  |
| Australia | &nbsp;&nbsp; — | &nbsp;&nbsp; 74271861 | &nbsp;&nbsp; — | &nbsp;&nbsp; 74271861 |
| Canada | &nbsp;&nbsp; — | &nbsp;&nbsp; 17928664 | &nbsp;&nbsp; — | &nbsp;&nbsp; 17928664 |
| France | &nbsp;&nbsp; — | &nbsp;&nbsp; 7255282 | &nbsp;&nbsp; — | &nbsp;&nbsp; 7255282 |

---

------

**DFA Commodity Strategy Portfolio**

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Germany | &nbsp;&nbsp; — | &nbsp;&nbsp; $12541843 | &nbsp;&nbsp; — | &nbsp;&nbsp; $12541843 |
| Ireland | &nbsp;&nbsp; — | &nbsp;&nbsp; 5730728 | &nbsp;&nbsp; — | &nbsp;&nbsp; 5730728 |
| Japan | &nbsp;&nbsp; — | &nbsp;&nbsp; 13765943 | &nbsp;&nbsp; — | &nbsp;&nbsp; 13765943 |
| Netherlands | &nbsp;&nbsp; — | &nbsp;&nbsp; 5660100 | &nbsp;&nbsp; — | &nbsp;&nbsp; 5660100 |
| Singapore | &nbsp;&nbsp; — | &nbsp;&nbsp; 19972666 | &nbsp;&nbsp; — | &nbsp;&nbsp; 19972666 |
| Supranational Organization Obligations | &nbsp;&nbsp; — | &nbsp;&nbsp; 61328929 | &nbsp;&nbsp; — | &nbsp;&nbsp; 61328929 |
| Sweden | &nbsp;&nbsp; — | &nbsp;&nbsp; 6011080 | &nbsp;&nbsp; — | &nbsp;&nbsp; 6011080 |
| United Kingdom | &nbsp;&nbsp; — | &nbsp;&nbsp; 12531494 | &nbsp;&nbsp; — | &nbsp;&nbsp; 12531494 |
| United States | &nbsp;&nbsp; — | &nbsp;&nbsp; 244899717 | &nbsp;&nbsp; — | &nbsp;&nbsp; 244899717 |
| U.S. Treasury Obligations | &nbsp;&nbsp; — | &nbsp;&nbsp; 193505973 | &nbsp;&nbsp; — | &nbsp;&nbsp; 193505973 |
| Commercial Paper | &nbsp;&nbsp; — | &nbsp;&nbsp; 327968775 | &nbsp;&nbsp; — | &nbsp;&nbsp; 327968775 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 130506 | &nbsp;&nbsp; — | &nbsp;&nbsp; 130506 |
| Total Investments in Securities | &nbsp;&nbsp; — | &nbsp;&nbsp; $1006009499 | &nbsp;&nbsp; — | &nbsp;&nbsp; $1006009499 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; $815176 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 815176 |
| **Liabilities** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; (3024833) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (3024833) |
| Swap Agreements\*\* | &nbsp;&nbsp; — | &nbsp;&nbsp; (16539255) | &nbsp;&nbsp; — | &nbsp;&nbsp; (16539255) |
| Total Financial Instruments | &nbsp;&nbsp; $(2209657) | &nbsp;&nbsp; $(16539255) | &nbsp;&nbsp; — | &nbsp;&nbsp; $(18748912) |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES**

**April 30, 2025**

**(Unaudited)**

**(Amounts in thousands, except share and per share amounts)**

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

---

| | |
|:---|:---|
|  | **DFA**<br> **Commodity Strategy**<br> **Portfolio\***<br>|
| **ASSETS:** |  |
| Investment Securities at Value (including $160 of securities on loan) | $1005879 |
| Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $131) | 131 |
| Segregated Cash for Futures Contracts | 17723 |
| Foreign Currencies at Value | 2 |
| Segregated Cash for Swaps Contracts | 18549 |
| Cash  | 30902 |
| Receivables: |  |
| Dividends and Interest | 4179 |
| Fund Shares Sold | 1201 |
| Total Assets | 1078566 |
| **LIABILITIES:** |  |
| Payables: |  |
| Upon Return of Securities Loaned | 163 |
| Investment Securities Purchased | 7670 |
| Fund Shares Redeemed | 533 |
| Due to Advisor | 243 |
| Due to Broker | 601 |
| Futures Margin Variation | 2204 |
| Unrealized Loss on Swap Contracts | 16539 |
| Payable for Swap Contracts Payments  | 645 |
| Accrued Expenses and Other Liabilities | 160 |
| Total Liabilities | 28758 |
| **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE D)** |  |
| **NET ASSETS** | $1049808 |
| SHARES OUTSTANDING, $0.01 PAR VALUE (1) | 228566318 |
| **NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE** | **$4.59** |
| Investment Securities at Cost | $1006575 |
| Foreign Currencies at Cost | $2 |
| **NET ASSETS CONSIST OF:** |  |
| Paid-In Capital | $1075346 |
| Total Distributable Earnings (Loss) | (25538)<br>|
| **NET ASSETS** | $1049808 |
| (1) NUMBER OF SHARES AUTHORIZED | 1800000000 |

---

------

\*

See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**CONSOLIDATED STATEMENT OF OPERATIONS**

**FOR THE SIX MONTHS ENDED April 30, 2025**

**(Unaudited)**

**(Amounts in thousands)**

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

---

| | |
|:---|:---|
|  | **DFA**<br> **Commodity Strategy**<br> **Portfolio**<br>|
| **Investment Income** |  |
| Interest | $24205 |
| Income from Securities Lending, Net | 19 |
| Total Investment Income | 24224 |
| **Expenses** |  |
| Investment Management Fees | 1870 |
| Accounting & Transfer Agent Fees | 92 |
| Custodian Fees | 25 |
| Filing Fees | 25 |
| Shareholders' Reports | 28 |
| Directors'/Trustees' Fees & Expenses | 3 |
| Professional Fees | 13 |
| Other | 31 |
| Total Expenses | 2087 |
| Fees Waived, Expenses Reimbursed by Advisor (Note D) | 387 |
| Net Expenses | 1700 |
| **Net Investment Income (Loss)** | 22524 |
| **Realized and Unrealized Gain (Loss)** |  |
| Net Realized Gain (Loss) on: |  |
| Investment Securities Sold | 95 |
| Futures | 2617 |
| Swap Contracts | 29920 |
| Foreign Currency Transactions | 2 |
| Forward Currency Contracts | 75 |
| Change in Unrealized Appreciation (Depreciation) of: |  |
| Investment Securities and Foreign Currency | (466)<br>|
| Futures | (1477)<br>|
| Swap Contracts | (6245)<br>|
| Forward Currency Contracts. | (22)<br>|
| **Net Realized and Unrealized Gain (Loss)** | 24499 |
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | $47023 |

---

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

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

---

| | | |
|:---|:---|:---|
|  | **DFA Commodity Strategy**<br> **Portfolio** | **DFA Commodity Strategy**<br> **Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
|  | **(Unaudited)** |  |
| **Increase (Decrease) in Net Assets** |  |  |
| Operations: |  |  |
| Net Investment Income (Loss) | $22524 | $46599 |
| Net Realized Gain (Loss) on: |  |  |
| Investment Securities Sold | 95 | (14721)<br>|
| Affiliated Investment Companies Shares Sold |  | (10)<br>|
| Futures | 2617 | (3134)<br>|
| Swap Contracts | 29920 | (64428)<br>|
| Foreign Currency Transactions | 2 | 110 |
| Forward Currency Contracts | 75 | (1829)<br>|
| Change in Unrealized Appreciation (Depreciation) of: |  |  |
| Investment Securities and Foreign Currency | (466)<br>| 34129 |
| Futures | (1477)<br>| (298)<br>|
| Swap Contracts | (6245)<br>| (5681)<br>|
| Translation of Foreign Currency-Denominated Amounts |  | 8 |
| Forward Currency Contracts | (22)<br>| (1265)<br>|
| Net Increase (Decrease) in Net Assets Resulting from Operations | 47023 | (10520)<br>|
| Distributions: |  |  |
| Institutional Class Shares | (23104)<br>| (37968)<br>|
| Capital Share Transactions (1): |  |  |
| Shares Issued | 128609 | 323889 |
| Shares Issued in Lieu of Cash Distributions | 22322 | 36480 |
| Shares Redeemed | (192921)<br>| (556879)<br>|
| Net Increase (Decrease) from Capital Share Transactions | (41990)<br>| (196510)<br>|
| Total Increase (Decrease) in Net Assets | (18071)<br>| (244998)<br>|
| **Net Assets** |  |  |
| Beginning of Period | 1067879 | 1312877 |
| End of Period | $1049808 | $1067879 |
| **(1) Shares Issued and Redeemed:** |  |  |
| Shares Issued | 27902 | 72845 |
| Shares Issued in Lieu of Cash Distributions | 4902 | 8376 |
| Shares Redeemed  | (42224)<br>| (124328)<br>|
| Net Increase (Decrease) from Shares Issued and Redeemed | (9420)<br>| (43107)<br>|

---

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**CONSOLIDATED FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **DFA Commodity Strategy Portfolio** | **DFA Commodity Strategy Portfolio** | **DFA Commodity Strategy Portfolio** | **DFA Commodity Strategy Portfolio** | **DFA Commodity Strategy Portfolio** | **DFA Commodity Strategy Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | &nbsp;&nbsp; $4.49 | &nbsp;&nbsp;&nbsp; $4.67 | &nbsp;&nbsp; $5.23 | &nbsp;&nbsp; $7.26 | &nbsp;&nbsp; $5.00 | &nbsp;&nbsp; $5.46 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.09 | &nbsp;&nbsp;&nbsp;&nbsp;0.19 | 0.14 | 0.07 | 0.01 | 0.06 |
| Net Gains (Losses) on Securities (Realized and <br> Unrealized) <br>| 0.11 | &nbsp;&nbsp;&nbsp; (0.22)<br>| &nbsp;&nbsp; (0.33)<br>| 0.07 | 2.27 | &nbsp;&nbsp; (0.46)<br>|
| Total from Investment Operations  | 0.20 | &nbsp;&nbsp;&nbsp; (0.03)<br>| &nbsp;&nbsp; (0.19)<br>| 0.14 | 2.28 | &nbsp;&nbsp; (0.40)<br>|
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | &nbsp;&nbsp; (0.10)<br>| &nbsp;&nbsp;&nbsp; (0.15)<br>| &nbsp;&nbsp; (0.37)<br>| &nbsp;&nbsp; (2.17)<br>| &nbsp;&nbsp; (0.02)<br>| &nbsp;&nbsp; (0.06)<br>|
| Total Distributions  | &nbsp;&nbsp; (0.10)<br>| &nbsp;&nbsp;&nbsp; (0.15)<br>| &nbsp;&nbsp; (0.37)<br>| &nbsp;&nbsp; (2.17)<br>| &nbsp;&nbsp; (0.02)<br>| &nbsp;&nbsp; (0.06)<br>|
| Net Asset Value, End of Period | &nbsp;&nbsp; $4.59 | &nbsp;&nbsp;&nbsp; $4.49 | &nbsp;&nbsp; $4.67 | &nbsp;&nbsp; $5.23 | &nbsp;&nbsp; $7.26 | &nbsp;&nbsp; $5.00 |
| Total Return  | 4.45<br> %(B)<br>| &nbsp;&nbsp;&nbsp; (0.54<br> %)<br>| &nbsp;&nbsp; (4.12<br> %)<br>| 6.38<br> %<br>| 45.67<br> %<br>| &nbsp;&nbsp; (7.41<br> %)<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $1049808 | &nbsp;&nbsp;&nbsp; $1067879 | &nbsp;&nbsp; $1312877 | &nbsp;&nbsp; $1690089 | &nbsp;&nbsp; $1765786 | &nbsp;&nbsp; $1096427 |
| Ratio of Expenses to Average Net Assets  | 0.32<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.32<br> %<br>| 0.32<br> %<br>| 0.30<br> %<br>| 0.31<br> %<br>| 0.33<br> %<br>|
| Ratio of Expenses to Average Net Assets (Excluding <br> Fees Waived, Expenses Reimbursed by Advisor <br> and Fees Paid Indirectly) <br>| 0.39<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.39<br> %<br>| 0.39<br> %<br>| 0.38<br> %<br>| 0.40<br> %<br>| 0.41<br> %<br>|
| Ratio of Net Investment Income to Average Net <br> Assets <br>| 4.25<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 4.12<br> %<br>| 2.85<br> %<br>| 1.25<br> %<br>| 0.24<br> %<br>| 1.15<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; 50<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 56<br> %<br>| &nbsp;&nbsp; 36<br> %<br>| &nbsp;&nbsp; 134<br> %<br>| &nbsp;&nbsp; 114<br> %<br>| &nbsp;&nbsp; 71<br> %<br>|

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**NOTES TO CONSOLIDATED FINANCIAL STATEMENTS**

**(Unaudited)**

**A. Organization:** 

DFA Investment Dimensions Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, as amended (the "1940 Act"), whose shares are generally offered, without a sales charge, to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of one hundred and two operational portfolios as of April 30, 2025, one of which, DFA Commodity Strategy Portfolio (the "Portfolio"), is included in this section of the report. The remaining operational portfolios are presented in separate reports. The Portfolio is an investment company, and accordingly, follows the accounting and reporting guidance under the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC"), Topic 946, "Financial Services-Investment Companies."

The Portfolio wholly owns and controls Dimensional Cayman Commodity Fund I, LTD. (the "Subsidiary"), a company organized under the laws of the Cayman Islands. The Subsidiary is not registered as an investment company under the 1940 Act.

**B. Significant Accounting Policies:**

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America ("GAAP"). Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates, and those differences could be material.

1. Security Valuation: The Portfolio uses a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 1 – inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

Debt securities held by the Portfolio are valued on the basis of evaluated prices provided by one or more pricing services or other reasonably reliable sources including broker/dealers that typically handle the purchase and sale of such securities. Securities that are traded OTC and on a stock exchange generally will be valued according to the broadest and most representative market, and it is expected that for bonds and other fixed income securities, this ordinarily will be the OTC market. These valuations are generally categorized as Level 2 or Level 3 in the hierarchy.

Securities for which quotations are not readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Directors of the Fund (the "Board"). Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP (the "Advisor")) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the Portfolio may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2

------

or Level 3 in the hierarchy. The investment in The DFA Short Term Investment Fund (the "Short Term Series"), which is an open-end management investment company available for purchase only by the Portfolio and affiliated funds, is categorized as Level 2 in the hierarchy.

Futures contracts held by the Portfolio are valued using the settlement price established each day on the exchange on which they are traded. These valuations are generally categorized as Level 1 in the hierarchy. Swap agreements will be valued at the price provided by an independent third-party pricing service or source. If a price is not available from an independent third-party pricing service or source, the swap agreement will be valued in good faith at fair value in accordance with procedures approved by the Board. These securities are generally categorized as Level 2 in the hierarchy.

Over-the-counter derivative contracts, which include forward currency contracts, do not require material subjectivity as pricing inputs are observed from quoted markets and are categorized as Level 2 in the hierarchy.

A summary of the inputs used to value the Portfolio's investments by each major security type, industry and/or country is disclosed previously in this note. A valuation hierarchy table has been included at the end of the Schedule of Investments. The methodology or inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

2. Foreign Currency Translation: Securities and other assets and liabilities of the Portfolio whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate this translation, the Portfolio enters into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked-to-market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement.

3. Deferred Compensation Plan: Each eligible Director of the Fund may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds, each of which are affiliates of the Portfolio, and advised by the Advisor: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company Portfolio, U.S. Vector Equity Portfolio, U.S. Micro Cap Portfolio, DFA International Value Portfolio, International Core Equity 2 Portfolio, Emerging Markets Portfolio, Emerging Markets Core Equity 2 Portfolio, DFA Inflation-Protected Securities Portfolio, and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors'/ Trustees' Fees & Expenses.

The Directors may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Director shall have the right in a notice of election (the "Notice") to defer the receipt of the Director's deferred compensation until a date specified by such Director in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board and (ii) five years following the effective date of the Director's first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director's deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board (unless the Director files an amended Notice selecting a different distribution date).

4. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities/affiliated investment companies securities and foreign currency are accounted for on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Portfolio estimates

------

the character of received distributions that may be considered return of capital distributions. Interest income is recorded on an accrual basis. Discount and premium on debt securities purchased are amortized over the lives of the respective securities, using the effective interest method. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund or its portfolios are allocated using methods approved by the Board, generally based on average net assets.

**C. Basis for Consolidation:** 

The Subsidiary commenced operations on November 9, 2010. The Portfolio commenced reporting on a consolidated basis as of such commencement date in accordance with the accounting principles relating to reporting of a wholly-owned subsidiary. The Portfolio will seek to gain exposure to commodities, commodities-related instruments, derivatives and other investments by directly investing in those instruments or through investments in the Subsidiary. The Subsidiary participates in the same investment goal as the Portfolio. The Subsidiary pursues its investment goal by investing in commodities, commodities-related instruments, derivatives and other investments. The Subsidiary (unlike the Portfolio) may invest without limitation in these instruments. However, the Subsidiary is otherwise subject to the same fundamental, non-fundamental and certain other investment restrictions as the Portfolio. The portion of the Portfolio's or Subsidiary's assets exposed to any particular commodity, derivative or other investment will vary based on market conditions, but from time to time some exposure could be substantial.

To the extent of the Portfolio's investment through the Subsidiary, it will be subject to the risks associated with the commodities, derivatives and other instruments in which the Subsidiary invests. By investing in the Subsidiary, the Portfolio is indirectly exposed to the risks associated with the Subsidiary's investments. The derivatives and other investments held by the Subsidiary are generally similar to those that are permitted to be held by the Portfolio and are subject to the same risks that apply to similar investments if held directly by the Portfolio.

The Subsidiary is classified as a controlled foreign corporation under Subchapter N of the Internal Revenue Code. Therefore, the Portfolio is required to increase its taxable income by its share of the Subsidiary's income. Net investment losses of the Subsidiary cannot be deducted by the Portfolio in the current period nor carried forward to offset taxable income in future periods.

As of April 30, 2025, the Portfolio held a $221,790,956 investment in the Subsidiary, representing 21.12% of the Portfolio's total net assets. The accompanying consolidated financial statements include all assets, liabilities, revenues and expenses of the Portfolio and its wholly-owned Subsidiary. Intercompany balances and transactions have been eliminated in consolidation.

**D. Investment Advisor:**

The Advisor provides investment management services to the Portfolio. For the six months ended April 30, 2025, the investment management fee was accrued daily and paid monthly to the Advisor based on the following effective annual rate of average daily net assets:

---

| | |
|:---|:---|
| DFA Commodity Strategy Portfolio | 0.28<br> %<br>|

---

Pursuant to an Amended and Restated Fee Waiver and/or Expense Assumption Agreement (the "Fee Waiver Agreement"), the Advisor has contractually agreed to waive all or a portion of the management fee and to assume the expenses of the Portfolio (including the expenses that the Portfolio bears as a shareholder of other funds managed by the Advisor but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Short Term Series and its investment in unaffiliated investment companies) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses to no more than 0.55% of the Portfolio's average net assets on an annualized basis (the "Expense Limitation Amount"). At any time that the Portfolio Expenses of the Portfolio are less than the Expense Limitation Amount, the Advisor retains the right to recover fees previously waived and/or expenses previously assumed to the extent that the expense ratio following such recovery would be less than the Expense Limitation Amount that was in place when such prior year fees were waived and/or expenses assumed, and less than the current Expense Limitation Amount for the Portfolio. The Fund, on behalf of the Portfolio, is also not obligated to reimburse the Advisor for fees previously waived or expenses previously

------

assumed by the Advisor more than thirty-six months before the date of recovery. The Fee Waiver Agreement for the Portfolio will remain in effect through February 28, 2026, and may only be terminated by the Fund's Board of Directors prior to that date. The Fee Waiver Agreement will continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. During the six months ended April 30, 2025, the Advisor did not recover previously waived fees/assumed expenses or waive fees/assume expenses. As of April 30, 2025, there were no previously waived fees/expenses assumed subject to future recovery by the Advisor.

The Subsidiary has entered into a separate contract with the Advisor whereby the Advisor or its affiliates provide investment advisory and other services to the Subsidiary. For the investment advisory services it provides, the Advisor is entitled to a fee from the Subsidiary equal to 0.30% of the Subsidiary's average net assets on an annualized basis; however, pursuant to a contractual agreement, the Advisor has agreed to waive the management fee of the Subsidiary.

For the six months ended April 30, 2025, approximately $387 (in thousands) of the Subsidiary's management fees were waived pursuant to the Subsidiary fee waiver agreement.

**Fees Paid to Officers and Directors/Trustees:**

Certain Officers and Directors of the Advisor are also Officers and Directors of the Fund; however, such Officers and Directors (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the six months ended April 30, 2025, the total related amount paid by the Fund to the CCO was $100 (in thousands). The total related amounts paid by the Portfolio are included in Other Expenses on the Consolidated Statement of Operations.

**E. Deferred Compensation:** 

As of April 30, 2025, the total liability for deferred compensation to Directors/Trustees is included in Accrued Expenses and Other Liabilities on the Consolidated Statement of Assets and Liabilities as follows (amount in thousands):

---

| | |
|:---|:---|
| DFA Commodity Strategy Portfolio | &nbsp;&nbsp; $10 |

---

**F. Purchases and Sales of Securities:** 

For the six months ended April 30, 2025, the Portfolio's transactions related to investment securities, other than short-term securities and in-kind redemptions (amounts in thousands), were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **U.S. Government Securities**  | **U.S. Government Securities**  | **Other Investment Securities** | **Other Investment Securities** |
|  | **Purchases**  | **Sales**  | **Purchases**  | **Sales**  |
| DFA Commodity Strategy Portfolio | &nbsp;&nbsp; $2507 | &nbsp;&nbsp; $270998 | &nbsp;&nbsp; $235105 | &nbsp;&nbsp; $130013 |

---

For the six months ended April 30, 2025, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

The amounts presented below may differ from the respective amounts presented in the corresponding Consolidated Schedule of Investments, Consolidated Statement of Assets and Liabilities or Consolidated Statement of Operations due to rounding. The amounts are as follows (amounts in thousands):

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at**<br> **October 31, 2024**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Net Realized**<br> **Gain/(Loss)**<br> **on Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation/**<br> **Depreciation**<br>| **Balance at**<br> **April 30, 2025**<br>| **Shares as of**<br> **April 30, 2025**<br>| **Dividend**<br> **Income**<br>| **Capital Gain**<br> **Distributions**<br>|
| **DFA Commodity Strategy** <br> **Portfolio**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term Investment <br> Fund<br>| $1920 | $201600 | $203389 |  |  | $131 | 11 | $144 |  |
| **Total** | **$1920** | **$201600** | **$203389** | **—** | **—** | **$131** |  | **$144** | **—** |

---

------

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

**G. Federal Income Taxes:** 

The Portfolio has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to shareholders. Accordingly, no provision has been made for federal income taxes.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under GAAP. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings, undistributed net investment income or accumulated net realized gains or losses, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2024, can occur as a result of financial and tax reporting related to the Subsidiary, the use of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for tax purposes, and net foreign currency gains/losses, and were reclassified to the accounts mentioned above. These reclassifications had no effect on net assets or net asset value per share.

The tax character of dividends and distributions declared and paid during the years ended October 31, 2023, and October 31, 2024, were as follows (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Long-Term**<br> **Capital Gains**<br>| **Total** |
| DFA Commodity Strategy Portfolio |  |  |  |
| 2023 | &nbsp;&nbsp; $113511 | &nbsp;&nbsp; — | &nbsp;&nbsp; $113511 |
| 2024 | &nbsp;&nbsp; 37968 | &nbsp;&nbsp; — | &nbsp;&nbsp; 37968 |

---

As of October 31, 2024, the following net investment income and short-term capital gains and long-term capital gains distributions designated for federal income tax purposes are due to the use of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Long-Term**<br> **Capital Gains**<br>| **Total** |
| DFA Commodity Strategy Portfolio | &nbsp;&nbsp; $(2917)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; $(2917)<br>|

---

As of October 31, 2024, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Undistributed**<br> **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Undistributed**<br> **Long-Term**<br> **Capital Gains**<br>| **Capital Loss**<br> **Carryforwards**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Total Net**<br> **Distributable**<br> **Earnings**<br> **(Accumulated**<br> **Losses)**<br>|
| DFA Commodity Strategy Portfolio | &nbsp;&nbsp; $10680 | &nbsp;&nbsp; — | &nbsp;&nbsp; $(49801)<br>| &nbsp;&nbsp; $(10317)<br>| &nbsp;&nbsp; $(49438)<br>|

---

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2024, the Portfolio had the following capital loss carryforwards available to offset future realized capital gains with no expiration date (amount in thousands):

---

| | |
|:---|:---|
|  | **Total** |
| DFA Commodity Strategy Portfolio | &nbsp;&nbsp; $49801 |

---

------

During the year ended October 31, 2024, the Portfolio did not use capital loss carryforwards to offset realized capital gains for federal income tax purposes.

As of April 30, 2025, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Federal**<br> **Tax Cost**<br>| **Unrealized**<br> **Appreciation**<br>| **Unrealized**<br> **(Depreciation)**<br>| **Net**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| DFA Commodity Strategy Portfolio | &nbsp;&nbsp; $2817326 | &nbsp;&nbsp; $48 | &nbsp;&nbsp; $(1779231)<br>| &nbsp;&nbsp; $(1779183)<br>|

---

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in the tax treatment of passive foreign investment company investments or other investments.

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Under GAAP, the Portfolio recognizes the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained, assuming examination by tax authorities. Management has analyzed the Portfolio's tax positions and has concluded that no additional provision for income tax is required in the Portfolio's financial statements. The Portfolio is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolio's federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

**H. Financial Instruments:**

In accordance with the Portfolio's investment objective and policies, the Portfolio may invest in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit and market risk. The Portfolio's derivative contracts are not accounted for as hedging instruments under GAAP. These instruments and their significant corresponding risks are described below:

1. Foreign Market Risks: Investments in foreign markets may involve certain considerations and risks not typically associated with investments in the United States of America, including the possibility of future political and economic developments and the level of foreign governmental supervision and regulation of foreign securities markets. These markets are generally smaller, less liquid and more volatile than the major securities markets in the United States of America. Consequently, acquisition and disposition of international securities held by the Portfolio may be inhibited.

**Derivative Financial Instruments:**

Summarized below are the specific types of derivative instruments used by the Portfolio. The Portfolio may gain exposure to commodity markets by investing up to 25% of the Portfolio's total assets in the Subsidiary. The Subsidiary may invest without limitation in commodity-linked notes, swap agreements and other commodity-linked derivative instruments, including futures contracts on individual commodities or a subset of commodities and options on commodities. The accompanying consolidated schedule of investments includes investments of the Portfolio and its wholly-owned Subsidiary.

2. Forward Currency Contracts: The Portfolio may acquire and sell forward currency contracts in an attempt to hedge against adverse changes in the relationship of the U.S. dollar to foreign currencies (foreign exchange rate risk). The decision to hedge the Portfolio's currency exposure with respect to a foreign market will be based primarily on the Portfolio's existing exposure to a given foreign currency. Each contract is valued daily and the change in value is recorded by the Portfolio as an unrealized gain or loss, which is presented in the Consolidated Statement of Operations as the change in unrealized appreciation or depreciation of forward currency contracts. When the contract

------

is closed or offset with the same counterparty, the Portfolio records a realized gain or loss equal to the change in the value of the contract when it was opened and the value at the time it was closed or offset. This is presented in the Consolidated Statement of Operations as a net realized gain or loss on forward currency contracts.

3. Commodity-Linked Derivatives: The Portfolio and the Subsidiary invest in commodity-linked derivative instruments, such as swap agreements, commodity options, futures, options on futures, and structured notes. The prices of commodity-linked derivative instruments may move in different directions than investments in traditional equity securities, fixed income securities and commodity spot prices.

4. Swap Agreements: The Portfolio may enter into swap agreements with respect to commodities, interest rates and indexes of commodities or securities, specific securities and commodities, and mortgage, credit and event-linked swaps, and, to the extent the Portfolio may invest in foreign-currency-denominated securities, the Portfolio may enter into swap agreements with respect to foreign currencies.

The Portfolio may enter into swap transactions for any legal purpose consistent with its investment objective and policies, such as for the purpose of attempting to obtain or preserve a particular return or spread at a lower cost than obtaining a return or spread through purchases and/or sales of instruments in other markets, to seek to increase total return (speculation), to protect against currency fluctuations, as a duration management technique, to protect against any increase in the price of securities the Portfolio anticipates purchasing at a later date, or to gain exposure to certain markets in the most economical way possible.

A swap agreement may be negotiated bilaterally and traded over-the-counter between the two parties (for an uncleared swap), while other swaps must be transacted through a futures commission merchant ("FCM") and cleared through a clearinghouse that serves as a central counterparty (for a cleared swap), and may be traded on swap execution facilities (exchanges). Swap agreements are two-party contracts entered into primarily by institutional investors for periods ranging from a few weeks to more than one year. In a standard "swap" transaction, two parties agree to exchange the returns (or differentials in rates of return) earned or realized on particular predetermined investments or instruments, which may be adjusted for an interest factor. In an uncleared swap, the swap counterparty is typically a brokerage firm, bank or other financial institution. In a cleared swap, the Portfolio's ultimate counterparty is a central clearinghouse rather than a brokerage firm, bank or other financial institution.

An investment in a commodity swap agreement may involve the exchange of floating-rate interest payments for the total return on a commodity index. In a total return commodity swap, the Portfolio will receive the price appreciation of a commodity index, a portion of the index, or a single commodity in exchange for paying an agreed-upon fee. The Portfolio may also enter into credit default swap agreements. The "buyer" in a credit default contract is obligated to pay the "seller" a periodic stream of payments over the term of the contract provided that no event of default on an underlying reference obligation (whether as a single debt instrument or as part of an index of debt instruments) has occurred. If an event of default occurs, the seller must pay the buyer the full notional value, or "par value," of the reference obligation in exchange for the reference obligation. The Portfolio may be either the buyer or seller in a credit default swap transaction. Credit default swap transactions involve greater risks than if the Portfolio had invested in the reference obligation directly.

Most swap agreements entered into by the Portfolio will calculate the obligations of the parties to the agreement on a "net" basis, which means that the two payment streams are netted out, with the Portfolio receiving or paying, as the case may be, only the net amount of the two payments. The Portfolio's current obligations under a swap agreement will be accrued daily (offset against any amounts owed to the Portfolio).

Uncleared swaps are typically executed bilaterally with a swap dealer rather than traded on exchanges. Parties to uncleared swaps face greater counterparty credit risk than those engaging in cleared swaps since performance of uncleared swap obligations is the responsibility only of the swap counterparty rather than a clearinghouse, as is the case with cleared swaps. As a result, the Portfolio bears the risk of loss of the amount expected to be received under a swap agreement in the event of the default, insolvency or bankruptcy of a swap agreement counterparty beyond any collateral received. In such an event, the Portfolio will have contractual remedies pursuant to the swap agreements, but bankruptcy and insolvency laws could affect the Portfolio's rights as a creditor. The Portfolio will enter into swap agreements only with counterparties that meet certain standards of creditworthiness as determined by the Advisor's Investment Committee. To the extent that the Portfolio reasonably expects a swap cannot be sold

------

or disposed of in current market conditions in seven calendar days or less without the sale or disposition significantly changing the market value of investment, the Portfolio will treat the swap as illiquid and subject to its overall limit on illiquid investments of 15% of the Portfolio's net assets.

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 and implementing rules adopted by the Commodity Futures Trading Commission ("CFTC") currently require the clearing and exchange-trading of the most common types of credit default index swaps and interest rate swaps, and it is expected that additional categories of swaps will in the future be designated as subject to mandatory clearing and trade execution requirements. Central clearing is intended to reduce counterparty credit risk and increase liquidity, but central clearing does not eliminate these risks completely. There is also a risk of loss by the Portfolio of the initial and variation margin deposits in the event of bankruptcy of the FCM with which the Portfolio has an open position, or the central counterparty in a swap contract. The assets of the Portfolio may not be fully protected in the event of the bankruptcy of the FCM or central counterparty because the Portfolio might be limited to recovering only a pro rata share of all available funds and margin segregated on behalf of an FCM's customers.

**Futures Activities:**

The Portfolio may enter into commodity, foreign currency, interest rate and commodity or securities index futures contracts and purchase and write (sell) related options traded on exchanges designated by the CFTC or, consistent with CFTC regulations, on foreign exchanges.

5. Futures Contracts: A commodity futures contract provides for the future sale by one party and the future purchase by the other party of a specified amount of a commodity, such as an energy, agricultural or metal commodity, at a specified price, date, time and place. A foreign currency futures contract provides for the future sale by one party and the future purchase by the other party of a certain amount of a specified non-U.S. currency at a specified price, date, time and place. An interest rate futures contract provides for the future sale by one party and the purchase by the other party of a certain amount of a specific interest rate sensitive financial instrument (debt security) at a specified price, date, time and place. Securities and commodities indexes are typically capitalization or production weighted, respectively. A securities index or commodities index futures contract is an agreement to be settled by delivery of an amount of cash equal to a specified multiplier times the difference between the value of the index at the close of the last trading day on the contract and the price at which the agreement is made. The clearing house of the exchange on which a futures contract is entered into becomes the counterparty to each purchaser and seller of the futures contract.

Payments, known as "variation margin," to and from the broker, will be made daily as the currency, financial instrument or index underlying the futures contract fluctuates, making the long and short positions in the futures contract more or less valuable, a process known as "marking-to-market." As a result of the small margin deposit that is required, a small change in the market price of a futures contract can produce major losses.

At any time prior to the expiration of a futures contract, the Portfolio may elect to close the position by taking an opposite position, which will operate to terminate the Portfolio's existing position in the contract. Positions in futures contracts and options on futures contracts (described below) may be closed out only on the exchange on which they were entered into (or through a linked exchange). However, there is no assurance that an active market will exist at any particular time. Once the daily fluctuation limit has been reached in a particular contract, most futures exchanges restrict trades at a price beyond that limit or trading may be suspended for specified periods during the day. Such restrictions prevent prompt liquidation of futures positions at an advantageous price, potentially subjecting the Portfolio to substantial losses. In such event, and in the event of adverse price movements, the Portfolio would be required to make daily cash payments of variation margin. Losses incurred in futures transactions and the costs of these transactions will affect the Portfolio's performance.

The price volatility of commodity futures contracts has been historically greater than that for traditional securities, such as stocks and bonds, and there are a variety of factors associated with commodity futures contracts which may subject the Portfolio's investments in the contracts to greater volatility than investments in traditional securities.

------

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

6. Options on Futures Contracts: The Portfolio may purchase and write put and call options on foreign currency, interest rate and stock and commodity index futures contracts and may enter into closing transactions with respect to such options to terminate existing positions. There is no guarantee that such closing transactions can be effected; the ability to establish and close out positions on such options will be subject to the existence of a liquid market.

An option on a currency, interest rate or commodity or securities index futures contract, as contrasted with the direct investment in such a contract, gives the purchaser the right, in return for the premium paid, to assume a position in a futures contract at a specified exercise price at any time prior to the expiration date of the option. The writer of the option is required upon exercise to assume an offsetting futures position (a short position if the option is a call and a long position if the option is a put). Upon exercise of an option, the delivery of the futures position by the writer of the option to the holder of the option will be accompanied by delivery of the accumulated balance in the writer's futures margin account, which represents the amount by which the market price of the futures contract exceeds, in the case of a call, or is less than, in the case of a put, the exercise price of the option on the futures contract. The potential loss related to the purchase of an option on a futures contract is limited to the premium paid for the option (plus transaction costs). The value of the option changes daily, and that change is reflected in the net asset value of the Portfolio.

The Portfolio may enter into options and futures transactions for several purposes, including generating current income to offset expenses or increase return, and as hedges to reduce investment risk, generally by making an investment expected to move in the opposite direction of a portfolio position. A hedge is designed to offset a loss in a portfolio position with a gain in the hedged position; at the same time, however, a properly correlated hedge will result in a gain in the portfolio position being offset by a loss in the hedged position.

The Subsidiary's securities have been segregated as collateral for open futures contracts and open swaps contracts.

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the six months ended April 30, 2025 was as follows (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Forward**<br> **Currency**<br> **Contracts\***<br>| **Futures\*\*** | **Swap**<br> **Contracts\*\*\***<br>|
| DFA Commodity Strategy Portfolio | &nbsp;&nbsp; $1288<br>| &nbsp;&nbsp; $76089 | &nbsp;&nbsp; $1009464<br>|

---

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

\* Average amount of Currency Purchased/Sold in USD.

\*\* Average Notional Value of futures contracts.

\*\*\* Average Notional Value of agreements.

The following is a summary of the Portfolio's derivative instrument holdings categorized by primary risk exposure as of April 30, 2025 (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Asset Derivatives Value**  | **Asset Derivatives Value**  |
|  | **Total Value**<br> **at**<br> **April 30, 2025** <br>| **Commodity**<br> **Futures**<br> **Contracts** <sup>\*,(1)</sup> <br>|
| DFA Commodity Strategy Portfolio | &nbsp;&nbsp; $815<br>| &nbsp;&nbsp; $815<br>|

---

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

---

| | | | |
|:---|:---|:---|:---|
|  | **Liability Derivatives Value**  | **Liability Derivatives Value**  | **Liability Derivatives Value**  |
|  | **Total Value**<br> **at**<br> **April 30, 2025** <br>| **Commodity**<br> **Futures**<br> **Contracts** <sup>\*,(2)</sup> <br>| **Swap**<br> **Contracts** <sup>(3)</sup> <br>|
| DFA Commodity Strategy Portfolio | &nbsp;&nbsp; $(19564)<br>| &nbsp;&nbsp; $(3025)<br>| &nbsp;&nbsp; $(16539)<br>|

---

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

------

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

(1) Presented on Consolidated Statement of Assets and Liabilities as Receivables: Futures Margin Variation.

(2) Presented on Consolidated Statement of Assets and Liabilities as Payables: Futures Margin Variation. 

(3) Presented on Consolidated Statement of Assets and Liabilities as Unrealized Loss on Swap Contracts.

\* Includes cumulative appreciation (depreciation) of futures contracts. Only current day's margin variation is reported within the Consolidated Statement of Assets and Liabilities. 

The following is a summary of the realized and change in unrealized gains and losses from the Portfolio's derivative instrument holdings categorized by primary risk exposure for the six months ended April 30, 2025 (amounts in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Realized Gain (Loss) on**<br> **Derivatives**  | **Realized Gain (Loss) on**<br> **Derivatives**  | **Realized Gain (Loss) on**<br> **Derivatives**  | **Realized Gain (Loss) on**<br> **Derivatives**  |
|  | **Total**  | **Forward**<br> **Currency**<br> **Contracts** <sup>(1)</sup> <br>| **Commodity**<br> **Futures**<br> **Contracts** <sup>(2)</sup> <br>| **Swap**<br> **Contracts** <sup>(3)</sup> <br>|
| DFA Commodity Strategy Portfolio | &nbsp;&nbsp; $32612 | &nbsp;&nbsp; $75 | &nbsp;&nbsp; $2617 | &nbsp;&nbsp; $29920 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  |
|  | **Total**  | **Forward**<br> **Currency**<br> **Contracts** <sup>(4)</sup> <br>| **Commodity**<br> **Futures**<br> **Contracts** <sup>(5)</sup> <br>| **Swap**<br> **Contracts** <sup>(6)</sup> <br>|
| DFA Commodity Strategy Portfolio | &nbsp;&nbsp; $(7744)<br>| &nbsp;&nbsp; $(22)<br>| &nbsp;&nbsp; $(1477)<br>| &nbsp;&nbsp; $(6245)<br>|

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(1) Presented
 on Consolidated Statement of Operations as Net Realized Gain (Loss) on: Forward Currency Contracts.

&nbsp;&nbsp;&nbsp;&nbsp;(2) Presented
 on Consolidated Statement of Operations as Net Realized Gain (Loss) on: Futures.

&nbsp;&nbsp;&nbsp;&nbsp;(3) Presented
 on Consolidated Statement of Operations as Net Realized Gain (Loss) on: Swap Contracts.

&nbsp;&nbsp;&nbsp;&nbsp;(4) Presented
 on Consolidated Statement of Operations as Change in Unrealized Appreciation (Depreciation) of: Forward Currency Contracts.

&nbsp;&nbsp;&nbsp;&nbsp;(5) Presented
 on Consolidated Statement of Operations as Change in Unrealized Appreciation (Depreciation) of: Futures.

&nbsp;&nbsp;&nbsp;&nbsp;(6) Presented
 on Consolidated Statement of Operations as Change in Unrealized Appreciation (Depreciation) of: Swap Contracts.

**Offsetting of Derivative Assets and Derivative Liabilities:**

In order to better define its contractual rights and to secure rights that will help the Fund mitigate its counterparty risk, the Fund entered into an International Swaps and Derivatives Association, Inc. Master Agreement (ISDA Master Agreement) or a similar agreement with certain of its derivative contract counterparties. An ISDA Master Agreement is a bilateral agreement between the Fund and a counterparty that governs over-the-counter (OTC) derivatives and forward currency contracts and typically contains, among other things, provisions in the event of a default and/or termination event and may also include collateral posting items. Under an ISDA Master Agreement, the Fund may, under certain circumstances, offset with the counterparty certain derivative financial instruments' payables and/or receivables with collateral held and/or posted, if any, and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of a default (close-out), including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy, insolvency, or other events.

For financial reporting purposes, the Fund does not offset derivative assets and derivative liabilities that are subject to netting arrangements in the Consolidated Statement of Assets and Liabilities.

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The following table presents the Portfolio's gross and net amount of assets and liabilities available for offset under netting arrangements as well as any related collateral received or pledged by the Portfolio as of April 30, 2025 (amounts in thousands):

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | **Net**<br> **Amounts**<br> **of**<br> **Assets**<br> **Presented**<br> **in the**<br> **Consolidated**<br> **Statement**<br> **of Assets**<br> **and**<br> **Liabilities** | **Gross Amounts Not**<br> **Offset in the**<br> **Consolidated**<br> **Statement of Assets**<br> **and Liabilities** | **Gross Amounts Not**<br> **Offset in the**<br> **Consolidated**<br> **Statement of Assets**<br> **and Liabilities** | **Gross Amounts Not**<br> **Offset in the**<br> **Consolidated**<br> **Statement of Assets**<br> **and Liabilities** |  |  | **Net**<br> **Amounts**<br> **of**<br> **Liabilities**<br> **Presented**<br> **in the**<br> **Consolidated**<br> **Statement**<br> **of Assets**<br> **and**<br> **Liabilities** | **Gross Amounts Not**<br> **Offset in the**<br> **Consolidated**<br> **Statement of Assets**<br> **and Liabilities** | **Gross Amounts Not**<br> **Offset in the**<br> **Consolidated**<br> **Statement of Assets**<br> **and Liabilities** | **Gross Amounts Not**<br> **Offset in the**<br> **Consolidated**<br> **Statement of Assets**<br> **and Liabilities** |  |
| **Description** | **Gross**<br> **Amounts of**<br> **Recognized**<br> **Assets**<br> **(a)**<br>| **Net**<br> **Amounts**<br> **of**<br> **Assets**<br> **Presented**<br> **in the**<br> **Consolidated**<br> **Statement**<br> **of Assets**<br> **and**<br> **Liabilities** | **Financial**<br> **Instruments**<br> **(b)**<br>| **Non-Cash**<br> **Collateral**<br> **Received**<br>| **Cash**<br> **Collateral**<br> **Received**<br>| **Net**<br> **Amount**<br> **(c)**<br>| **Gross**<br> **Amounts of**<br> **Recognized**<br> **Liabilities**<br> **(a)**<br>| **Net**<br> **Amounts**<br> **of**<br> **Liabilities**<br> **Presented**<br> **in the**<br> **Consolidated**<br> **Statement**<br> **of Assets**<br> **and**<br> **Liabilities** | **Financial**<br> **Instruments**<br> **(d)**<br>| **Non-Cash**<br> **Collateral**<br> **Pledged**<br>| **Cash**<br> **Collateral**<br> **Pledged**<br>| **Net**<br> **Amount**<br> **(e)**<br>|
|  | **Assets** | **Assets** | **Assets** | **Assets** | **Assets** | **Assets** | **Liabilities** | **Liabilities** | **Liabilities** | **Liabilities** | **Liabilities** | **Liabilities** |
| **DFA Commodity Strategy Portfolio** |  |  |  |  |  |  |  |  |  |  |  |  |
| Bank of America <br> Corp.<br>|  |  |  |  |  |  | $3887 | $3887 |  | $(3172)<br>|  | $715 |
| Royal Bank of <br> Canada<br>|  |  |  |  |  |  | 3647 | 3647 |  | (3647)<br>|  |  |
| Citibank, N.A. |  |  |  |  |  |  | 2130 | 2130 |  | (2130)<br>|  |  |
| BNP Paribas |  |  |  |  |  |  | 2504 | 2504 |  |  | $(750)<br>| 1754 |
| UBS AG |  |  |  |  |  |  | 4371 | 4371 |  | (4371)<br>|  |  |
| Total |  |  |  |  |  |  | $16539 | $16539 |  | $(13320)<br>| $(750)<br>| $2469 |

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) No
 amounts have been netted against the gross amounts recognized in the Consolidated Statement of Assets and Liabilities.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Represents
 the amount of assets that could be offset by liabilities with the same counterparty under master netting or similar agreements that
 management elects not to offset on the Consolidated Statement of Assets and Liabilities.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Represents
 the net amount due from counterparties in the event of default.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Represents
 the amount of liabilities that could be offset by assets with the same counterparty under master netting or similar agreements that
 management elects not to offset on the Consolidated Statement of Assets and Liabilities.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Represents
 the net amount due to counterparties in the event of default.

**I. Line of Credit and Interfund Lending Program:**

The Fund, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 2, 2025, with its domestic custodian bank. A line of credit with similar terms was in effect through April 2, 2025. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 1, 2026.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 26, 2024. A line of credit with similar terms was in effect through December 26, 2024. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio's net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The line of credit agreement expires on December 25, 2025.

There were no borrowings by the Portfolio under the lines of credit during the six months ended April 30, 2025.

------

Pursuant to an exemptive order issued by the SEC (the "Order"), the Portfolio may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objectives and limitations. Interfund loans have a maximum duration of seven days and may be called on one business day's notice.

The Portfolio did not use the interfund lending program during the six months ended April 30, 2025.

**J. Securities Lending:** 

As of April 30, 2025, the Portfolio had securities on loan to brokers/dealers, for which the Portfolio received cash collateral. The contractual maturity of cash collateral received under the securities lending agreement is classified as overnight and continuous.

The Portfolio invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are expected at all times to be secured by collateral in an amount (i) equal to at least 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) generally equal to 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) generally equal to 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Portfolio's collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. In the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. If the borrower fails to return loaned securities, cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities, and such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Portfolio or, at the option of the lending agent, to replace the securities. In the event of the bankruptcy of the borrower, the Portfolio could experience delay in recovering the loaned securities or only recover cash or a security of equivalent value.

Subject to its stated investment policies, the Portfolio will generally invest the cash collateral received for the loaned securities in the Short Term Series, an affiliated registered ultrashort term bond fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Short Term Series. Income received from the Short Term Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. The Portfolio also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, the Portfolio will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or, other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible for taxation at qualified dividend income rates.

**K. Indemnitees; Contractual Obligations:**

Under the Fund's organizational documents, its Officers and Directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

In the normal course of business, the Fund enters into contracts that contain a variety of representations and warranties that provide general indemnification. The Fund's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Fund and/or its affiliates that have not yet occurred. However, based on experience, the Fund expects the risk of loss to be remote.

------

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

**L. Segment Reporting:**

In this reporting period, the Portfolio adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The adoption of the new standard only impacted financial statement disclosures and did not affect the Portfolio's financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that (i) engages in business activities from which it may recognize revenues and incur expenses, (ii) has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and (iii) has discrete financial information available. The Fund's Co-Chief Executive Officers and the Chief Financial Officer act as the Portfolio's CODM. The Portfolio represents a single operating segment, as the CODM monitors the operating results of the Portfolio as a whole. The Portfolio's long-term strategic asset allocation is executed by its portfolio management team and guided by the Portfolio's investment objective and principal investment strategies, as described in the Portfolio's respective prospectus. The financial information provided to and reviewed by the CODM is consistent with that presented in the Portfolio's Schedule of Investments, Statement of Operations, Statement of Changes in Net Assets, and Financial Highlights.

**M. New Accounting Pronouncement:**

In December 2023, the FASB issued Accounting Standards Update 2023-09, Income Taxes (Topic 740) – Improvements to Income Tax Disclosures ("ASU 2023-09"). Effective for annual periods beginning after December 15, 2024, the amendments require greater disaggregation of disclosures related to income taxes paid. The ASU 2023-09 allows for early adoption and requires that amendments be applied on a prospective basis. Management is currently evaluating the impact of the ASU 2023-09 but does not expect the guidance to materially impact the financial statements.

**N. Other:**

As of April 30, 2025, the following number of shareholders, each holding greater than 5%, held the following approximate percentages of the outstanding shares of the Portfolio. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.

---

| | | |
|:---|:---|:---|
|  | **Number of**<br> **Shareholders**<br>| **Approximate**<br> **Percentage**<br> **of Outstanding**<br> **Shares**<br>|
| DFA Commodity Strategy Portfolio | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 74<br> %<br>|

---

The Portfolio is subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy). Although management currently believes that resolving claims, if any, against the Portfolio, individually or in aggregate, will not have a material adverse impact on the Portfolio's financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management's view of these matters may change in the future.

**O. Subsequent Event Evaluations:** 

Management has evaluated the impact of all subsequent events on the Portfolio through the date on which the financial statements were issued and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

------

**U.S. Large Company Portfolio**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)**

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMON STOCKS — (98.9%) | COMMON STOCKS — (98.9%) | COMMON STOCKS — (98.9%) | COMMON STOCKS — (98.9%) |
| COMMUNICATION SERVICES — (9.2%) | COMMUNICATION SERVICES — (9.2%) | COMMUNICATION SERVICES — (9.2%) | COMMUNICATION SERVICES — (9.2%) |
|  | Alphabet, Inc. (GOOG <br> US), Class C<br>| 1157959 | $186304024 |
|  | Alphabet, Inc. (GOOGL <br> US), Class A<br>| 1428754 | 226886135 |
|  | AT&T, Inc. | 1758505 | 48710588 |
| #\* | Charter <br> Communications, <br> Inc., Class A<br>| 23706 | 9289433 |
|  | Comcast Corp., <br> Class A<br>| 924580 | 31620636 |
|  | Electronic Arts, Inc. | 57950 | 8407966 |
|  | Fox Corp. (FOX US), <br> Class B<br>| 31983 | 1478894 |
|  | Fox Corp. (FOXA US), <br> Class A<br>| 53580 | 2667748 |
|  | Interpublic Group of <br> Cos., Inc.<br>| 91389 | 2295692 |
| \* | Live Nation <br> Entertainment, Inc.<br>| 38505 | 5099987 |
|  | Match Group, Inc. | 62872 | 1864784 |
|  | Meta Platforms, Inc., <br> Class A<br>| 536396 | 294481404 |
| \* | Netflix, Inc. | 104780 | 118581622 |
| # | News Corp. (NWS <br> US), Class B<br>| 26820 | 842684 |
|  | News Corp. (NWSA <br> US), Class A<br>| 90426 | 2452353 |
|  | Omnicom Group, Inc. | 47713 | 3633822 |
| # | Paramount Global <br> (PARA US), Class B<br>| 143496 | 1684643 |
| \* | Take-Two Interactive <br> Software, Inc.<br>| 40089 | 9353565 |
| # | TKO Group Holdings, <br> Inc.<br>| 16425 | 2675797 |
|  | T-Mobile U.S., Inc. | 117483 | 29012427 |
|  | Verizon <br> Communications, <br> Inc.<br>| 1031307 | 45439386 |
|  | Walt Disney Co. | 442820 | 40274479 |
| \* | Warner Bros <br> Discovery, Inc.<br>| 546516 | 4738294 |
| TOTAL COMMUNICATION <br> SERVICES | TOTAL COMMUNICATION <br> SERVICES |  | 1077796363 |
| CONSUMER DISCRETIONARY — (10.2%) | CONSUMER DISCRETIONARY — (10.2%) | CONSUMER DISCRETIONARY — (10.2%) | CONSUMER DISCRETIONARY — (10.2%) |
| #\* | Airbnb, Inc., Class A | 105795 | 12898526 |
| \* | Amazon.com, Inc. | 2310259 | 426057965 |
| \* | Aptiv PLC | 56261 | 3210253 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| \* | AutoZone, Inc. | 4106 | $15449236 |
|  | Best Buy Co., Inc. | 47720 | 3182447 |
|  | Booking Holdings, Inc. | 8100 | 41304168 |
| \* | Caesars <br> Entertainment, Inc.<br>| 51096 | 1382658 |
| \* | CarMax, Inc. | 37015 | 2393760 |
| \* | Carnival Corp. | 255827 | 4691867 |
| \* | Chipotle Mexican Grill, <br> Inc.<br>| 332876 | 16816895 |
|  | Darden Restaurants, <br> Inc.<br>| 28640 | 5746330 |
| \* | Deckers Outdoor <br> Corp.<br>| 36909 | 4090624 |
|  | Domino's Pizza, Inc. | 8377 | 4107829 |
| \* | DoorDash, Inc., <br> Class A<br>| 83141 | 16037067 |
|  | DR Horton, Inc. | 69155 | 8737043 |
|  | eBay, Inc. | 116653 | 7951068 |
|  | Expedia Group, Inc. | 30103 | 4724064 |
|  | Ford Motor Co. | 949222 | 9501712 |
|  | Garmin Ltd. | 37761 | 7056398 |
|  | General Motors Co. | 243139 | 10999608 |
|  | Genuine Parts Co. | 33826 | 3976246 |
|  | Hasbro, Inc. | 32554 | 2015093 |
| # | Hilton Worldwide <br> Holdings, Inc.<br>| 58805 | 13259351 |
|  | Home Depot, Inc. | 243332 | 87718753 |
| # | Las Vegas Sands <br> Corp.<br>| 84140 | 3085414 |
|  | Lennar Corp. (LEN <br> US), Class A<br>| 57600 | 6255936 |
|  | LKQ Corp. | 64058 | 2447656 |
|  | Lowe's Cos., Inc. | 138341 | 30927514 |
| \* | Lululemon Athletica, <br> Inc.<br>| 27277 | 7385793 |
| # | Marriott International, <br> Inc., Class A<br>| 56094 | 13382907 |
|  | McDonald's Corp. | 175552 | 56115197 |
| \* | MGM Resorts <br> International<br>| 56215 | 1768524 |
| \* | Mohawk Industries, <br> Inc.<br>| 13134 | 1396801 |
|  | NIKE, Inc., Class B | 288786 | 16287530 |
| \* | Norwegian Cruise Line <br> Holdings Ltd.<br>| 107553 | 1724075 |
| \* | NVR, Inc. | 737 | 5251678 |
| \* | O'Reilly Automotive, <br> Inc.<br>| 14110 | 19968472 |
|  | Pool Corp. | 9398 | 2754930 |
|  | PulteGroup, Inc. | 49665 | 5094636 |

---

------

**U.S. Large Company Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Ralph Lauren Corp. | 9922 | $2231954 |
|  | Ross Stores, Inc. | 80456 | 11183384 |
|  | Royal Caribbean <br> Cruises Ltd.<br>| 60486 | 12999046 |
|  | Starbucks Corp. | 277986 | 22252779 |
|  | Tapestry, Inc. | 51064 | 3607672 |
| \* | Tesla, Inc. | 685446 | 193405443 |
|  | TJX Cos., Inc. | 274961 | 35381981 |
|  | Tractor Supply Co. | 130938 | 6628082 |
| \* | Ulta Beauty, Inc. | 11401 | 4510692 |
|  | Williams-Sonoma, Inc. | 30365 | 4690482 |
|  | Wynn Resorts Ltd. | 22179 | 1781195 |
|  | Yum! Brands, Inc. | 68637 | 10325750 |
| TOTAL CONSUMER <br> DISCRETIONARY | TOTAL CONSUMER <br> DISCRETIONARY |  | 1196154484 |
| CONSUMER STAPLES — (6.1%) | CONSUMER STAPLES — (6.1%) | CONSUMER STAPLES — (6.1%) | CONSUMER STAPLES — (6.1%) |
|  | Altria Group, Inc. | 414626 | 24525128 |
|  | Archer-Daniels-Midland <br> Co.<br>| 116576 | 5566504 |
|  | Brown-Forman Corp. <br> (BFB US), Class B<br>| 43359 | 1510628 |
|  | Bunge Global SA | 32925 | 2591856 |
|  | Campbell's Co. | 48986 | 1786030 |
|  | Church & Dwight Co., <br> Inc.<br>| 60517 | 6011759 |
|  | Clorox Co. | 30364 | 4320797 |
|  | Coca-Cola Co. | 948456 | 68810483 |
|  | Colgate-Palmolive Co. | 198313 | 18282475 |
|  | Conagra Brands, Inc. | 117333 | 2899298 |
|  | Constellation Brands, <br> Inc., Class A<br>| 38234 | 7170404 |
|  | Costco Wholesale <br> Corp.<br>| 108734 | 108135963 |
|  | Dollar General Corp. | 53647 | 5026187 |
| \* | Dollar Tree, Inc. | 48916 | 3999861 |
|  | Estee Lauder Cos., <br> Inc., Class A<br>| 58158 | 3487154 |
|  | General Mills, Inc. | 134606 | 7637544 |
|  | Hershey Co. | 36107 | 6036729 |
|  | Hormel Foods Corp. | 72132 | 2156747 |
|  | J.M. Smucker Co. | 25797 | 2999417 |
|  | Kellanova | 65829 | 5448666 |
|  | Kenvue, Inc. | 470040 | 11092944 |
|  | Keurig Dr. Pepper, Inc. | 293167 | 10140647 |
|  | Kimberly-Clark Corp. | 81052 | 10681033 |
|  | Kraft Heinz Co. | 213083 | 6200715 |
|  | Kroger Co. | 163107 | 11777956 |
|  | Lamb Weston <br> Holdings, Inc.<br>| 34086 | 1800082 |
|  | McCormick & Co., Inc. <br> (MKC US)<br>| 61562 | 4719343 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
|  | Molson Coors <br> Beverage Co., <br> Class B<br>| 41599 | $2393190 |
|  | Mondelez International, <br> Inc., Class A<br>| 316066 | 21533577 |
| \* | Monster Beverage <br> Corp.<br>| 172139 | 10348997 |
|  | PepsiCo, Inc. | 335992 | 45553795 |
|  | Philip Morris <br> International, Inc.<br>| 380888 | 65268968 |
|  | Procter & Gamble Co. | 574388 | 93378257 |
|  | Sysco Corp. | 120415 | 8597631 |
|  | Target Corp. | 111716 | 10802937 |
|  | Tyson Foods, Inc., <br> Class A<br>| 69594 | 4261937 |
|  | Walgreens Boots <br> Alliance, Inc.<br>| 174846 | 1918061 |
|  | Walmart, Inc. | 1062622 | 103339990 |
| TOTAL CONSUMER <br> STAPLES | TOTAL CONSUMER <br> STAPLES |  | 712213690 |
| ENERGY — (3.2%) | ENERGY — (3.2%) | ENERGY — (3.2%) | ENERGY — (3.2%) |
| # | APA Corp. | 89316 | 1387971 |
|  | Baker Hughes Co. | 243640 | 8624856 |
|  | Chevron Corp. | 409419 | 55705549 |
|  | ConocoPhillips | 312598 | 27858734 |
|  | Coterra Energy, Inc. | 181513 | 4457959 |
|  | Devon Energy Corp. | 161187 | 4901697 |
|  | Diamondback Energy, <br> Inc.<br>| 45833 | 6050414 |
|  | EOG Resources, Inc. | 138099 | 15236463 |
| # | EQT Corp. | 146865 | 7261006 |
|  | Expand Energy Corp. | 51874 | 5389709 |
|  | Exxon Mobil Corp. | 1066278 | 112630945 |
|  | Halliburton Co. | 211980 | 4201444 |
|  | Hess Corp. | 68062 | 8783401 |
|  | Kinder Morgan, Inc. | 473346 | 12449000 |
|  | Marathon Petroleum <br> Corp.<br>| 77220 | 10610800 |
|  | Occidental Petroleum <br> Corp.<br>| 164971 | 6501507 |
|  | ONEOK, Inc. | 152516 | 12530715 |
|  | Phillips 66 | 101522 | 10564379 |
|  | Schlumberger NV | 342414 | 11385265 |
|  | Targa Resources <br> Corp.<br>| 53235 | 9097861 |
| # | Texas Pacific Land <br> Corp.<br>| 4584 | 5908180 |
|  | Valero Energy Corp. | 77236 | 8966327 |
|  | Williams Cos., Inc. | 299007 | 17512840 |
| TOTAL ENERGY | TOTAL ENERGY |  | 368017022 |

---

------

**U.S. Large Company Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (14.3%) | FINANCIALS — (14.3%) | FINANCIALS — (14.3%) | FINANCIALS — (14.3%) |
|  | Aflac, Inc. | 121082 | $13159192 |
|  | Allstate Corp. | 64885 | 12872535 |
|  | American Express Co. | 135937 | 36214976 |
|  | American International <br> Group, Inc.<br>| 145205 | 11837112 |
|  | Ameriprise Financial, <br> Inc.<br>| 23649 | 11139152 |
|  | Aon PLC, Class A | 52900 | 18768391 |
|  | Apollo Global <br> Management, Inc.<br>| 109747 | 14978271 |
|  | Arch Capital Group <br> Ltd.<br>| 91921 | 8335396 |
|  | Arthur J Gallagher & <br> Co.<br>| 62448 | 20026449 |
|  | Assurant, Inc. | 12510 | 2411177 |
|  | Bank of America Corp. | 1622037 | 64686836 |
|  | Bank of New York <br> Mellon Corp.<br>| 175837 | 14139053 |
| \* | Berkshire Hathaway, <br> Inc., Class B<br>| 448968 | 239412186 |
|  | Blackrock, Inc. | 35686 | 32626282 |
|  | Blackstone, Inc. | 179098 | 23588998 |
|  | Brown & Brown, Inc. | 57715 | 6383279 |
|  | Capital One Financial <br> Corp.<br>| 93218 | 16803477 |
|  | Cboe Global Markets, <br> Inc.<br>| 25809 | 5724436 |
|  | Charles Schwab Corp. | 417503 | 33984744 |
|  | Chubb Ltd. | 91097 | 26061030 |
|  | Cincinnati Financial <br> Corp.<br>| 38472 | 5355687 |
|  | Citigroup, Inc. | 459892 | 31447415 |
|  | Citizens Financial <br> Group, Inc.<br>| 107710 | 3973422 |
|  | CME Group, Inc. | 88138 | 24421277 |
| \* | Corpay, Inc. | 17211 | 5599943 |
|  | Discover Financial <br> Services<br>| 61379 | 11212102 |
| # | Erie Indemnity Co., <br> Class A<br>| 6143 | 2203003 |
|  | Everest Group Ltd. | 10452 | 3750491 |
|  | FactSet Research <br> Systems, Inc.<br>| 9255 | 4000196 |
|  | Fidelity National <br> Information Services, <br> Inc.<br>| 129185 | 10190113 |
|  | Fifth Third Bancorp | 163506 | 5876406 |
| \* | Fiserv, Inc. | 139321 | 25714477 |
| # | Franklin Resources, <br> Inc.<br>| 75969 | 1425178 |
|  | Global Payments, Inc. | 61079 | 4660938 |
|  | Globe Life, Inc. | 20089 | 2477777 |
|  | Goldman Sachs <br> Group, Inc.<br>| 76444 | 41856912 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Hartford Insurance <br> Group, Inc.<br>| 70596 | $8660011 |
|  | Huntington <br> Bancshares, Inc.<br>| 357590 | 5195783 |
|  | Intercontinental <br> Exchange, Inc.<br>| 140549 | 23608015 |
|  | Invesco Ltd. | 111092 | 1547512 |
|  | Jack Henry & <br> Associates, Inc.<br>| 17765 | 3080984 |
|  | JPMorgan Chase & <br> Co.<br>| 684897 | 167539504 |
|  | KeyCorp | 241609 | 3585478 |
|  | KKR & Co., Inc. | 165664 | 18930425 |
|  | Loews Corp. | 43466 | 3774153 |
|  | M&T Bank Corp. | 40648 | 6900404 |
|  | MarketAxess Holdings, <br> Inc.<br>| 9437 | 2091145 |
|  | Marsh & McLennan <br> Cos., Inc.<br>| 120279 | 27119306 |
|  | Mastercard, Inc., <br> Class A<br>| 199490 | 109332489 |
|  | MetLife, Inc. | 141611 | 10673221 |
|  | Moody's Corp. | 37852 | 17151498 |
|  | Morgan Stanley | 302535 | 34918590 |
|  | MSCI, Inc. | 19098 | 10410511 |
|  | Nasdaq, Inc. | 100758 | 7678767 |
|  | Northern Trust Corp. | 47443 | 4458693 |
| #\* | PayPal Holdings, Inc. | 242483 | 15965081 |
|  | PNC Financial <br> Services Group, Inc.<br>| 96895 | 15570057 |
|  | Principal Financial <br> Group, Inc.<br>| 51952 | 3852241 |
|  | Progressive Corp. | 143407 | 40403488 |
|  | Prudential Financial, <br> Inc.<br>| 87160 | 8952204 |
|  | Raymond James <br> Financial, Inc.<br>| 44814 | 6141311 |
|  | Regions Financial <br> Corp.<br>| 225025 | 4592760 |
|  | S&P Global, Inc. | 77245 | 38626362 |
|  | State Street Corp. | 71109 | 6264703 |
|  | Synchrony Financial | 95734 | 4973381 |
|  | T. Rowe Price Group, <br> Inc.<br>| 54356 | 4813224 |
|  | Travelers Cos., Inc. | 55446 | 14644952 |
| # | Truist Financial Corp. | 322333 | 12358247 |
|  | U.S. Bancorp | 381259 | 15379988 |
|  | Visa, Inc., Class A | 422136 | 145847988 |
|  | W.R. Berkley Corp. | 73472 | 5267208 |
|  | Wells Fargo & Co. | 805495 | 57198200 |
|  | Willis Towers Watson <br> PLC<br>| 24552 | 7557106 |
| TOTAL FINANCIALS | TOTAL FINANCIALS |  | 1672383299 |

---

------

**U.S. Large Company Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (10.7%) | HEALTH CARE — (10.7%) | HEALTH CARE — (10.7%) | HEALTH CARE — (10.7%) |
|  | Abbott Laboratories | 424894 | $55554890 |
|  | AbbVie, Inc. | 432442 | 84369434 |
| †† | Abiomed, Inc. | 13246 | 206770 |
|  | Agilent Technologies, <br> Inc.<br>| 70274 | 7561482 |
| \* | Align Technology, Inc. | 17330 | 3003289 |
|  | Amgen, Inc. | 131503 | 38256853 |
|  | Baxter International, <br> Inc.<br>| 126201 | 3933685 |
|  | Becton Dickinson & <br> Co.<br>| 70498 | 14599431 |
| \* | Biogen, Inc. | 36085 | 4369172 |
|  | Bio-Techne Corp. | 37685 | 1897440 |
| \* | Boston Scientific Corp. | 361473 | 37184727 |
|  | Bristol-Myers Squibb <br> Co.<br>| 496784 | 24938557 |
|  | Cardinal Health, Inc. | 59022 | 8339218 |
|  | Cencora, Inc. | 42207 | 12352723 |
| \* | Centene Corp. | 122325 | 7321151 |
| \* | Charles River <br> Laboratories <br> International, Inc.<br>| 12893 | 1529368 |
|  | Cigna Group | 66928 | 22758197 |
| \* | Cooper Cos., Inc. | 48610 | 3969979 |
|  | CVS Health Corp. | 309520 | 20648079 |
|  | Danaher Corp. | 156514 | 31197936 |
| \* | DaVita, Inc. | 10484 | 1484010 |
| #\* | Dexcom, Inc. | 95008 | 6781671 |
| \* | Edwards Lifesciences <br> Corp.<br>| 144468 | 10905889 |
|  | Elevance Health, Inc. | 56738 | 23862868 |
|  | Eli Lilly & Co. | 193001 | 173498249 |
| \* | GE HealthCare <br> Technologies, Inc.<br>| 112681 | 7924855 |
|  | Gilead Sciences, Inc. | 305337 | 32530604 |
|  | HCA Healthcare, Inc. | 43816 | 15120025 |
| #\* | Henry Schein, Inc. | 30418 | 1976257 |
| \* | Hologic, Inc. | 55057 | 3204317 |
|  | Humana, Inc. | 29500 | 7736080 |
| \* | IDEXX Laboratories, <br> Inc.<br>| 20121 | 8705351 |
| \* | Incyte Corp. | 39922 | 2501513 |
| \* | Insulet Corp. | 17365 | 4381016 |
| #\* | Intuitive Surgical, Inc. | 87374 | 45067509 |
| \* | IQVIA Holdings, Inc. | 41267 | 6399274 |
|  | Johnson & Johnson | 589763 | 92185855 |
|  | Labcorp Holdings, Inc. | 20579 | 4959745 |
|  | McKesson Corp. | 30763 | 21927559 |
|  | Medtronic PLC | 313988 | 26613623 |
|  | Merck & Co., Inc. | 619699 | 52798355 |
| \* | Mettler-Toledo <br> International, Inc.<br>| 5165 | 5529494 |
| #\* | Moderna, Inc. | 82593 | 2357204 |
| \* | Molina Healthcare, <br> Inc.<br>| 13594 | 4445374 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
|  | Pfizer, Inc. | 1389382 | $33914815 |
|  | Quest Diagnostics, <br> Inc.<br>| 26913 | 4796435 |
|  | Regeneron <br> Pharmaceuticals, <br> Inc.<br>| 25688 | 15380947 |
| # | ResMed, Inc. | 35992 | 8515347 |
| # | Revvity, Inc. | 29502 | 2756372 |
| \* | Solventum Corp. | 34441 | 2277239 |
|  | STERIS PLC | 23868 | 5364094 |
|  | Stryker Corp. | 84139 | 31461255 |
| # | Thermo Fisher <br> Scientific, Inc.<br>| 93707 | 40200303 |
|  | UnitedHealth Group, <br> Inc.<br>| 225429 | 92750508 |
|  | Universal Health <br> Services, Inc., <br> Class B<br>| 14516 | 2570348 |
| \* | Vertex <br> Pharmaceuticals, <br> Inc.<br>| 62914 | 32054683 |
|  | Viatris, Inc. | 291341 | 2453091 |
| \* | Waters Corp. | 14587 | 5072337 |
|  | West Pharmaceutical <br> Services, Inc.<br>| 17935 | 3789486 |
|  | Zimmer Biomet <br> Holdings, Inc.<br>| 48797 | 5028531 |
|  | Zoetis, Inc. | 109456 | 17118918 |
| TOTAL HEALTH CARE | TOTAL HEALTH CARE |  | 1252393787 |
| INDUSTRIALS — (8.5%) | INDUSTRIALS — (8.5%) | INDUSTRIALS — (8.5%) | INDUSTRIALS — (8.5%) |
|  | 3M Co. | 133219 | 18505451 |
|  | A.O. Smith Corp. | 28714 | 1948532 |
|  | Allegion PLC | 21240 | 2956608 |
|  | AMETEK, Inc. | 56699 | 9615016 |
|  | Automatic Data <br> Processing, Inc.<br>| 99686 | 29965612 |
| \* | Axon Enterprise, Inc. | 17673 | 10838851 |
| \* | Boeing Co. | 183767 | 33673465 |
|  | Broadridge Financial <br> Solutions, Inc.<br>| 28835 | 6989604 |
| \* | Builders FirstSource, <br> Inc.<br>| 28549 | 3415317 |
|  | Carrier Global Corp. | 197626 | 12359530 |
|  | Caterpillar, Inc. | 116969 | 36175003 |
|  | CH Robinson <br> Worldwide, Inc.<br>| 29446 | 2627172 |
|  | Cintas Corp. | 84233 | 17830441 |
| \* | Copart, Inc. | 214280 | 13077508 |
|  | CSX Corp. | 471254 | 13228100 |
|  | Cummins, Inc. | 33748 | 9916512 |
| \* | Dayforce, Inc. | 39397 | 2279904 |
|  | Deere & Co. | 62041 | 28759726 |
|  | Delta Air Lines, Inc. | 158087 | 6581162 |

---

------

**U.S. Large Company Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Dover Corp. | 33575 | $5729574 |
|  | Eaton Corp. PLC | 96781 | 28489423 |
|  | Emerson Electric Co. | 137925 | 14497297 |
|  | Equifax, Inc. | 30232 | 7864250 |
|  | Expeditors <br> International of <br> Washington, Inc.<br>| 34145 | 3752877 |
|  | Fastenal Co. | 140421 | 11369888 |
|  | FedEx Corp. | 54244 | 11409141 |
|  | Fortive Corp. | 83437 | 5814725 |
|  | GE Vernova, Inc. | 67456 | 25014034 |
| \* | Generac Holdings, <br> Inc.<br>| 14375 | 1644213 |
|  | General Dynamics <br> Corp.<br>| 62225 | 16932667 |
|  | General Electric Co. | 262929 | 52990711 |
|  | Honeywell <br> International, Inc.<br>| 159311 | 33534965 |
|  | Howmet Aerospace, <br> Inc.<br>| 99242 | 13752956 |
|  | Hubbell, Inc. | 13204 | 4795429 |
|  | Huntington Ingalls <br> Industries, Inc.<br>| 9364 | 2156904 |
|  | IDEX Corp. | 18713 | 3255501 |
|  | Illinois Tool Works, <br> Inc.<br>| 65542 | 15724181 |
|  | Ingersoll Rand, Inc. | 98057 | 7396440 |
|  | Jacobs Solutions, Inc. | 30368 | 3759558 |
| # | JB Hunt Transport <br> Services, Inc.<br>| 19445 | 2539128 |
|  | Johnson Controls <br> International PLC<br>| 161607 | 13558827 |
|  | L3Harris Technologies, <br> Inc.<br>| 46048 | 10131481 |
|  | Leidos Holdings, Inc. | 31789 | 4678705 |
|  | Lennox International, <br> Inc.<br>| 7856 | 4295268 |
|  | Lockheed Martin Corp. | 51385 | 24549184 |
|  | Masco Corp. | 51803 | 3139780 |
|  | Nordson Corp. | 13274 | 2516352 |
|  | Norfolk Southern <br> Corp.<br>| 55431 | 12419316 |
|  | Northrop Grumman <br> Corp.<br>| 33311 | 16205801 |
|  | Old Dominion Freight <br> Line, Inc.<br>| 46216 | 7083988 |
|  | Otis Worldwide Corp. | 97391 | 9375832 |
|  | PACCAR, Inc. | 128373 | 11580528 |
|  | Parker-Hannifin Corp. | 31613 | 19127762 |
|  | Paychex, Inc. | 78747 | 11585259 |
|  | Paycom Software, Inc. | 11584 | 2622502 |
|  | Pentair PLC | 39804 | 3611417 |
|  | Quanta Services, Inc. | 35993 | 10534791 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Republic Services, <br> Inc.<br>| 49793 | $12485595 |
|  | Rockwell Automation, <br> Inc.<br>| 27768 | 6877578 |
|  | Rollins, Inc. | 68857 | 3933800 |
|  | RTX Corp. | 326302 | 41156471 |
|  | Snap-on, Inc. | 12755 | 4002647 |
|  | Southwest Airlines Co. | 145794 | 4076400 |
| # | Stanley Black & <br> Decker, Inc.<br>| 37818 | 2269836 |
|  | Textron, Inc. | 43855 | 3086076 |
|  | Trane Technologies <br> PLC<br>| 54812 | 21009988 |
|  | TransDigm Group, Inc. | 13749 | 19428299 |
| \* | Uber Technologies, <br> Inc.<br>| 511314 | 41421547 |
|  | Union Pacific Corp. | 148025 | 31923071 |
| #\* | United Airlines <br> Holdings, Inc.<br>| 80060 | 5509729 |
|  | United Parcel Service, <br> Inc., Class B<br>| 178695 | 17029633 |
|  | United Rentals, Inc. | 15944 | 10067839 |
|  | Veralto Corp. | 60354 | 5787949 |
|  | Verisk Analytics, Inc. | 34472 | 10218535 |
|  | Waste Management, <br> Inc.<br>| 89252 | 20827847 |
|  | Westinghouse Air <br> Brake Technologies <br> Corp.<br>| 41898 | 7740237 |
|  | WW Grainger, Inc. | 10806 | 11068694 |
|  | Xylem, Inc. | 59794 | 7209363 |
| TOTAL INDUSTRIALS | TOTAL INDUSTRIALS |  | 987315303 |
| INFORMATION TECHNOLOGY — (30.0%) | INFORMATION TECHNOLOGY — (30.0%) | INFORMATION TECHNOLOGY — (30.0%) | INFORMATION TECHNOLOGY — (30.0%) |
| # | Accenture PLC, <br> Class A<br>| 153230 | 45838754 |
| \* | Adobe, Inc. | 106597 | 39971743 |
| \* | Advanced Micro <br> Devices, Inc.<br>| 396842 | 38632569 |
| \* | Akamai Technologies, <br> Inc.<br>| 36336 | 2927955 |
|  | Amphenol Corp., <br> Class A<br>| 297270 | 22874926 |
|  | Analog Devices, Inc. | 121388 | 23660949 |
| \* | ANSYS, Inc. | 21427 | 6896923 |
|  | Apple, Inc. | 3679459 | 781885037 |
|  | Applied Materials, Inc. | 199115 | 30008622 |
| #\* | Arista Networks, Inc. | 252696 | 20789300 |
| \* | Autodesk, Inc. | 52681 | 14447764 |
|  | Broadcom, Inc. | 1148138 | 220982121 |
| \* | Cadence Design <br> Systems, Inc.<br>| 67092 | 19975972 |
|  | CDW Corp. | 32883 | 5279694 |
|  | Cisco Systems, Inc. | 975512 | 56316308 |

---

------

**U.S. Large Company Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
|  | Cognizant Technology <br> Solutions Corp., <br> Class A<br>| 121354 | $8928014 |
|  | Corning, Inc. | 189262 | 8399448 |
| #\* | Crowdstrike Holdings, <br> Inc., Class A<br>| 60248 | 25838560 |
|  | Dell Technologies, Inc., <br> Class C<br>| 75897 | 6964309 |
| \* | Enphase Energy, Inc. | 33046 | 1473521 |
| \* | EPAM Systems, Inc. | 14132 | 2217452 |
| \* | F5, Inc. | 13988 | 3703183 |
| \* | Fair Isaac Corp. | 5974 | 11886348 |
| \* | First Solar, Inc. | 26349 | 3315231 |
| \* | Fortinet, Inc. | 155617 | 16146820 |
| \* | Gartner, Inc. | 18913 | 7963886 |
|  | Gen Digital, Inc. | 131622 | 3405061 |
| \* | GoDaddy, Inc., <br> Class A<br>| 34852 | 6563677 |
|  | Hewlett Packard <br> Enterprise Co.<br>| 323978 | 5254923 |
|  | HP, Inc. | 231326 | 5915006 |
|  | Intel Corp. | 1058858 | 21283046 |
|  | International Business <br> Machines Corp.<br>| 226390 | 54745630 |
|  | Intuit, Inc. | 68561 | 43019971 |
|  | Jabil, Inc. | 26926 | 3946275 |
|  | Juniper Networks, Inc. | 81543 | 2961642 |
| \* | Keysight Technologies, <br> Inc.<br>| 42147 | 6128174 |
|  | KLA Corp. | 32554 | 22875370 |
|  | Lam Research Corp. | 314834 | 22564153 |
|  | Microchip Technology, <br> Inc.<br>| 132653 | 6112650 |
| # | Micron Technology, <br> Inc.<br>| 272481 | 20967413 |
|  | Microsoft Corp. | 1820858 | 719712333 |
|  | Monolithic Power <br> Systems, Inc.<br>| 11796 | 6996208 |
|  | Motorola Solutions, <br> Inc.<br>| 40992 | 18052467 |
|  | NetApp, Inc. | 50336 | 4517656 |
|  | NVIDIA Corp. | 5998516 | 653358254 |
|  | NXP Semiconductors <br> NV<br>| 62475 | 11514767 |
| #\* | ON Semiconductor <br> Corp.<br>| 103639 | 4114468 |
|  | Oracle Corp. | 397293 | 55907071 |
| \* | Palantir Technologies, <br> Inc., Class A<br>| 502146 | 59474172 |
| \* | Palo Alto Networks, <br> Inc.<br>| 162219 | 30323598 |
| \* | PTC, Inc. | 29479 | 4568361 |
|  | QUALCOMM, Inc. | 270955 | 40225979 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
|  | Roper Technologies, <br> Inc.<br>| 26319 | $14740745 |
|  | Salesforce, Inc. | 234434 | 62994760 |
| # | Seagate Technology <br> Holdings PLC<br>| 51734 | 4709346 |
| \* | ServiceNow, Inc. | 50465 | 48194580 |
|  | Skyworks Solutions, <br> Inc.<br>| 39528 | 2540860 |
| #\* | Super Micro Computer, <br> Inc.<br>| 123511 | 3935060 |
| \* | Synopsys, Inc. | 37896 | 17394643 |
|  | TE Connectivity PLC | 73352 | 10737266 |
| \* | Teledyne Technologies, <br> Inc.<br>| 11313 | 5272197 |
|  | Teradyne, Inc. | 39966 | 2965877 |
| # | Texas Instruments, <br> Inc.<br>| 222831 | 35664102 |
| \* | Trimble, Inc. | 60342 | 3749652 |
| \* | Tyler Technologies, <br> Inc.<br>| 10510 | 5710083 |
| \* | VeriSign, Inc. | 19996 | 5641271 |
| #\* | Western Digital Corp. | 84746 | 3716960 |
| \* | Workday, Inc., Class A | 52382 | 12833590 |
| \* | Zebra Technologies <br> Corp., Class A<br>| 12467 | 3120739 |
| TOTAL INFORMATION <br> TECHNOLOGY | TOTAL INFORMATION <br> TECHNOLOGY |  | 3505755465 |
| MATERIALS — (2.0%) | MATERIALS — (2.0%) | MATERIALS — (2.0%) | MATERIALS — (2.0%) |
|  | Air Products & <br> Chemicals, Inc.<br>| 54595 | 14800159 |
| # | Albemarle Corp. | 29508 | 1727693 |
| # | Amcor PLC | 355793 | 3273296 |
|  | Avery Dennison Corp. | 19913 | 3407313 |
|  | Ball Corp. | 72050 | 3742277 |
|  | CF Industries Holdings, <br> Inc.<br>| 42195 | 3306822 |
|  | Corteva, Inc. | 168365 | 10436946 |
|  | Dow, Inc. | 170953 | 5229452 |
|  | DuPont de Nemours, <br> Inc.<br>| 102437 | 6759818 |
|  | Eastman Chemical <br> Co.<br>| 28559 | 2199043 |
|  | Ecolab, Inc. | 61524 | 15468979 |
|  | Freeport-McMoRan, <br> Inc.<br>| 351061 | 12648728 |
|  | International Flavors & <br> Fragrances, Inc.<br>| 63043 | 4946354 |
|  | International Paper <br> Co.<br>| 130058 | 5941049 |
|  | Linde PLC | 116646 | 52867467 |

---

------

**U.S. Large Company Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | LyondellBasell <br> Industries NV, <br> Class A<br>| 62600 | $3643946 |
|  | Martin Marietta <br> Materials, Inc.<br>| 14881 | 7797346 |
|  | Mosaic Co. | 76198 | 2316419 |
|  | Newmont Corp. | 279698 | 14734491 |
| # | Nucor Corp. | 57740 | 6892424 |
|  | Packaging Corp. of <br> America<br>| 21827 | 4051310 |
|  | PPG Industries, Inc. | 57066 | 6212205 |
|  | Sherwin-Williams Co. | 56622 | 19983036 |
|  | Smurfit WestRock <br> PLC<br>| 122258 | 5137281 |
|  | Steel Dynamics, Inc. | 34312 | 4450610 |
|  | Vulcan Materials Co. | 32316 | 8477456 |
| TOTAL MATERIALS | TOTAL MATERIALS |  | 230451920 |
| REAL ESTATE — (2.2%) | REAL ESTATE — (2.2%) | REAL ESTATE — (2.2%) | REAL ESTATE — (2.2%) |
|  | Alexandria Real Estate <br> Equities, Inc.<br>| 37912 | 2754686 |
|  | American Tower Corp. | 114323 | 25769547 |
|  | AvalonBay <br> Communities, Inc.<br>| 34567 | 7258379 |
|  | BXP, Inc. | 36359 | 2317159 |
|  | Camden Property <br> Trust<br>| 25942 | 2952200 |
| \* | CBRE Group, Inc., <br> Class A<br>| 72063 | 8804657 |
| \* | CoStar Group, Inc. | 103480 | 7675112 |
|  | Crown Castle, Inc. | 106864 | 11301937 |
|  | Digital Realty Trust, <br> Inc.<br>| 77430 | 12430612 |
|  | Equinix, Inc. | 23887 | 20560735 |
| # | Equity Residential | 84033 | 5904159 |
|  | Essex Property Trust, <br> Inc.<br>| 15686 | 4378747 |
|  | Extra Space Storage, <br> Inc.<br>| 51839 | 7595450 |
|  | Federal Realty <br> Investment Trust<br>| 18850 | 1772277 |
|  | Healthpeak Properties, <br> Inc.<br>| 173122 | 3088496 |
| # | Host Hotels & Resorts, <br> Inc.<br>| 172140 | 2430617 |
|  | Invitation Homes, Inc. | 140750 | 4812243 |
|  | Iron Mountain, Inc. | 71395 | 6401990 |
|  | Kimco Realty Corp. | 164721 | 3291126 |
| # | Mid-America Apartment <br> Communities, Inc.<br>| 28477 | 4546353 |
|  | Prologis, Inc. | 226746 | 23173441 |
|  | Public Storage | 38740 | 11638658 |
|  | Realty Income Corp. | 213912 | 12376948 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value†** |
| REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) |
| Regency Centers <br> Corp.<br>| 39932 | $2882292 |
| SBA Communications <br> Corp.<br>| 26491 | 6447909 |
| Simon Property Group, <br> Inc.<br>| 74912 | 11789651 |
| UDR, Inc. | 74189 | 3107035 |
| Ventas, Inc. | 106361 | 7453779 |
| VICI Properties, Inc. | 258265 | 8269645 |
| Welltower, Inc. | 148933 | 22725686 |
| Weyerhaeuser Co. | 179624 | 4654058 |
| TOTAL REAL ESTATE |  | 260565584 |
| UTILITIES — (2.5%) | UTILITIES — (2.5%) | UTILITIES — (2.5%) |
| AES Corp. | 178331 | 1783310 |
| Alliant Energy Corp. | 63200 | 3857728 |
| Ameren Corp. | 65818 | 6531778 |
| American Electric <br> Power Co., Inc.<br>| 130675 | 14157329 |
| American Water Works <br> Co., Inc.<br>| 47639 | 7003409 |
| Atmos Energy Corp. | 39153 | 6289146 |
| CenterPoint Energy, <br> Inc.<br>| 159795 | 6196850 |
| CMS Energy Corp. | 73178 | 5389560 |
| Consolidated Edison, <br> Inc.<br>| 84673 | 9546881 |
| Constellation Energy <br> Corp.<br>| 76488 | 17090479 |
| Dominion Energy, Inc. | 204986 | 11147139 |
| DTE Energy Co. | 50582 | 6929734 |
| Duke Energy Corp. | 189731 | 23150977 |
| Edison International | 94361 | 5049257 |
| Entergy Corp. | 105203 | 8749733 |
| Evergy, Inc. | 56398 | 3897102 |
| Eversource Energy | 89771 | 5339579 |
| Exelon Corp. | 246517 | 11561647 |
| FirstEnergy Corp. | 124817 | 5352153 |
| NextEra Energy, Inc. | 504235 | 33723237 |
| NiSource, Inc. | 114070 | 4461278 |
| NRG Energy, Inc. | 49578 | 5432757 |
| PG&E Corp. | 538248 | 8891857 |
| Pinnacle West Capital <br> Corp.<br>| 28294 | 2693023 |
| PPL Corp. | 182082 | 6645993 |
| Public Service <br> Enterprise Group, <br> Inc.<br>| 122119 | 9760972 |
| Sempra | 154549 | 11478354 |
| Southern Co. | 268186 | 24643612 |
| Vistra Corp. | 82997 | 10758901 |
| WEC Energy Group, <br> Inc.<br>| 77758 | 8516056 |

---

------

**U.S. Large Company Portfolio**

**CONTINUED**

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value†** |
| UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) |
| Xcel Energy, Inc. | 140533 | $9935683 |
| TOTAL UTILITIES |  | 295965514 |
| TOTAL COMMON <br> STOCKS <br>Cost ($2958238406) |  | 11559012431 |

---

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

---

| | | |
|:---|:---|:---|
| TEMPORARY CASH INVESTMENTS — (0.2%) | TEMPORARY CASH INVESTMENTS — (0.2%) | TEMPORARY CASH INVESTMENTS — (0.2%) |
| Ɏ | State Street <br> Institutional <br> U.S. Government <br> Money Market Fund <br> 4.290%<br>| 30331325 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| SECURITIES LENDING COLLATERAL — (0.9%) | SECURITIES LENDING COLLATERAL — (0.9%) | SECURITIES LENDING COLLATERAL — (0.9%) | SECURITIES LENDING COLLATERAL — (0.9%) |
| @§ | The DFA Short Term <br> Investment Fund <br>| 8698694 | $100600402 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $3,089,171,160) | (Cost $3,089,171,160) |  | $11689944158 |

---

As of April 30, 2025, U.S. Large Company Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 113 | 06/20/25 | &nbsp;&nbsp; $29063400 | &nbsp;&nbsp; $31566550 | &nbsp;&nbsp; $2503150 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$29063400** | &nbsp;&nbsp; **$31566550** | &nbsp;&nbsp; **$2503150** |

---

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Communication Services | &nbsp;&nbsp; $1077796363 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $1077796363 |
| Consumer Discretionary | &nbsp;&nbsp; 1196154484 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1196154484 |
| Consumer Staples | &nbsp;&nbsp; 712213690 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 712213690 |
| Energy | &nbsp;&nbsp; 368017022 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 368017022 |
| Financials | &nbsp;&nbsp; 1672383299 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1672383299 |
| Health Care | &nbsp;&nbsp; 1252187017 | &nbsp;&nbsp; — | &nbsp;&nbsp; $206770 | &nbsp;&nbsp; 1252393787 |
| Industrials | &nbsp;&nbsp; 987315303 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 987315303 |
| Information Technology | &nbsp;&nbsp; 3505755465 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 3505755465 |
| Materials | &nbsp;&nbsp; 230451920 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 230451920 |
| Real Estate | &nbsp;&nbsp; 260565584 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 260565584 |
| Utilities | &nbsp;&nbsp; 295965514 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 295965514 |
| Temporary Cash Investments | &nbsp;&nbsp; 30331325 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 30331325 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; $100600402 | &nbsp;&nbsp; — | &nbsp;&nbsp; 100600402 |
| Total Investments in Securities | &nbsp;&nbsp; $11589136986 | &nbsp;&nbsp; $100600402 | &nbsp;&nbsp; $206,770˂˃ | &nbsp;&nbsp; $11689944158 |

---

------

**U.S. Large Company Portfolio**

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; $2503150 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $2503150 |
| Total Financial Instruments | &nbsp;&nbsp; $2503150 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $2503150 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

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

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**STATEMENT OF ASSETS AND LIABILITIES**

**April 30, 2025**

**(Unaudited)**

**(Amounts in thousands, except share and per share amounts)**

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

---

| | |
|:---|:---|
|  | **U.S. Large**<br> **Company**<br> **Portfolio\***<br>|
| **ASSETS:** |  |
| Investment Securities at Value (including $98,449 of securities on loan) | $11559012 |
| Temporary Cash Investments at Value & Cost | 30331 |
| Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $100,601) | 100600 |
| Segregated Cash for Futures Contracts | 2474 |
| Receivables: |  |
| Dividends and Interest | 6599 |
| Securities Lending Income | 6 |
| Fund Shares Sold | 3738 |
| Prepaid Expenses and Other Assets  | 45 |
| Total Assets | 11702805 |
| **LIABILITIES:** |  |
| Payables: |  |
| Upon Return of Securities Loaned | 100603 |
| Fund Shares Redeemed | 3718 |
| Due to Advisor | 387 |
| Futures Margin Variation | 56 |
| Accrued Expenses and Other Liabilities | 754 |
| Total Liabilities | 105518 |
| **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |
| **NET ASSETS** | $11597287 |
| **NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:**  |  |
| Institutional Class Shares — based on shares outstanding of 313,877,340, $0.01 Par Value (1) | **$36.95** |
| (1) NUMBER OF SHARES AUTHORIZED | 900000000 |
| Investment Securities at Cost | $2958238 |
| **NET ASSETS CONSIST OF:** |  |
| Paid-In Capital | $2721718 |
| Total Distributable Earnings (Loss) | 8875569 |
| **NET ASSETS** | $11597287 |

---

------

\*

See Note I in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**STATEMENT OF OPERATIONS**

**FOR THE SIX MONTHS ENDED April 30, 2025**

**(Unaudited)**

**(Amounts in thousands)**

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

---

| | |
|:---|:---|
|  | **U.S. Large**<br> **Company**<br> **Portfolio**<br>|
| **Investment Income** |  |
| Dividends (Net of Foreign Taxes Withheld of $19) | $81413 |
| Dividend Income from Affiliates | 1398 |
| Income from Securities Lending, Net | 30 |
| Total Investment Income | 82841 |
| **Fund Expenses** |  |
| Investment Management Fees | 3661 |
| Accounting & Transfer Agent Fees | 1053 |
| S&P 500<sup>®</sup> Fees | 77 |
| Custodian Fees | 94 |
| Filing Fees | 26 |
| Shareholders' Reports | 52 |
| Directors'/Trustees' Fees & Expenses | 36 |
| Professional Fees | 65 |
| Other | 573 |
| Total Fund Expenses | 5637 |
| Fees Waived, Expenses Reimbursed by Advisor (Note C) | 754 |
| Net Expenses | 4883 |
| **Net Investment Income (Loss)** | 77958 |
| **Realized and Unrealized Gain (Loss)** |  |
| Net Realized Gain (Loss) on: |  |
| Investment Securities Sold | 16305 |
| Affiliated Investment Companies Shares Sold | (4)<br>|
| Futures | (2030)<br>|
| In-Kind Redemptions | 255709 |
| Change in Unrealized Appreciation (Depreciation) of: |  |
| Investment Securities and Foreign Currency | (541286)<br>|
| Affiliated Investment Companies Shares | (1)<br>|
| Futures | 2660 |
| **Net Realized and Unrealized Gain (Loss)** | (268647)<br>|
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | $(190689)<br>|

---

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

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

---

| | | |
|:---|:---|:---|
|  | **U.S. Large Company**<br> **Portfolio** | **U.S. Large Company**<br> **Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
|  | **(Unaudited)** |  |
| **Increase (Decrease) in Net Assets** |  |  |
| Operations: |  |  |
| Net Investment Income (Loss) | $77958 | $159793 |
| Net Realized Gain (Loss) on: |  |  |
| Investment Securities Sold | 16305 | 173167 |
| Affiliated Investment Companies Shares Sold | (4)<br>| (3)<br>|
| Futures | (2030)<br>| 52488 |
| In-Kind Redemptions | 255709 | 1143566 |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |
| Investment Securities and Foreign Currency | (541286)<br>| 2086070 |
| Affiliated Investment Companies Shares | (1)<br>|  |
| Futures | 2660 | 527 |
| Net Increase (Decrease) in Net Assets Resulting from Operations | (190689)<br>| 3615608 |
| Distributions: |  |  |
| Institutional Class Shares | (84658)<br>| (452244)<br>|
| Capital Share Transactions (1): |  |  |
| Shares Issued | 914479 | 2240869 |
| Shares Issued in Lieu of Cash Distributions | 78937 | 421890 |
| Shares Redeemed | (1361056)<br>| (3484583)<br>|
| Net Increase (Decrease) from Capital Share Transactions | (367640)<br>| (821824)<br>|
| Total Increase (Decrease) in Net Assets | (642987)<br>| 2341540 |
| **Net Assets** |  |  |
| Beginning of Period | 12240274 | 9898734 |
| End of Period | $11597287 | $12240274 |
| **(1) Shares Issued and Redeemed:** |  |  |
| Shares Issued | 23962 | 65096 |
| Shares Issued in Lieu of Cash Distributions | 2041 | 13246 |
| Shares Redeemed  | (35314)<br>| (100997)<br>|
| Net Increase (Decrease) from Shares Issued and Redeemed | (9311)<br>| (22655)<br>|

---

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **U.S. Large Company Portfolio** | **U.S. Large Company Portfolio** | **U.S. Large Company Portfolio** | **U.S. Large Company Portfolio** | **U.S. Large Company Portfolio** | **U.S. Large Company Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | &nbsp;&nbsp; $37.87 | &nbsp;&nbsp;&nbsp; $28.62 | &nbsp;&nbsp; $27.55 | &nbsp;&nbsp; $34.56 | &nbsp;&nbsp; $25.10 | &nbsp;&nbsp; $23.48 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.24 | &nbsp;&nbsp;&nbsp;&nbsp;0.47 | 0.45 | 0.44 | 0.43 | 0.44 |
| Net Gains (Losses) on Securities (Realized <br> and Unrealized) <br>| &nbsp;&nbsp; (0.90)<br>| &nbsp;&nbsp;&nbsp;&nbsp;10.11 | 2.26 | &nbsp;&nbsp; (5.21)<br>| 10.09 | 1.77 |
| Total from Investment Operations  | &nbsp;&nbsp; (0.66)<br>| &nbsp;&nbsp;&nbsp;&nbsp;10.58 | 2.71 | &nbsp;&nbsp; (4.77)<br>| 10.52 | 2.21 |
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | &nbsp;&nbsp; (0.25)<br>| &nbsp;&nbsp;&nbsp; (0.44)<br>| &nbsp;&nbsp; (0.42)<br>| &nbsp;&nbsp; (0.40)<br>| &nbsp;&nbsp; (0.43)<br>| &nbsp;&nbsp; (0.47)<br>|
| Net Realized Gains  | &nbsp;&nbsp; (0.01)<br>| &nbsp;&nbsp;&nbsp; (0.89)<br>| &nbsp;&nbsp; (1.22)<br>| &nbsp;&nbsp; (1.84)<br>| &nbsp;&nbsp; (0.63)<br>| &nbsp;&nbsp; (0.12)<br>|
| Total Distributions  | &nbsp;&nbsp; (0.26)<br>| &nbsp;&nbsp;&nbsp; (1.33)<br>| &nbsp;&nbsp; (1.64)<br>| &nbsp;&nbsp; (2.24)<br>| &nbsp;&nbsp; (1.06)<br>| &nbsp;&nbsp; (0.59)<br>|
| Net Asset Value, End of Period | &nbsp;&nbsp; $36.95 | &nbsp;&nbsp;&nbsp; $37.87 | &nbsp;&nbsp; $28.62 | &nbsp;&nbsp; $27.55 | &nbsp;&nbsp; $34.56 | &nbsp;&nbsp; $25.10 |
| Total Return  | &nbsp;&nbsp; (1.76<br> %)(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 37.88<br> %<br>| 10.12<br> %<br>| &nbsp;&nbsp; (14.71<br> %)<br>| 42.87<br> %<br>| 9.63<br> %<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $11597287 | &nbsp;&nbsp;&nbsp; $12240274 | &nbsp;&nbsp; $9898734 | &nbsp;&nbsp; $9816746 | &nbsp;&nbsp; $12307860 | &nbsp;&nbsp; $9562761 |
| Ratio of Expenses to Average Net Assets  | 0.08<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.08<br> %<br>| 0.08<br> %<br>| 0.08<br> %<br>| 0.08<br> %<br>| 0.08<br> %<br>|
| Ratio of Expenses to Average Net Assets <br> (Excluding Fees Waived, Expenses <br> Reimbursed by Advisor) <br>| 0.09<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.10<br> %<br>| 0.09<br> %<br>| 0.09<br> %<br>| 0.09<br> %<br>| 0.09<br> %<br>|
| Ratio of Net Investment Income to Average Net <br> Assets <br>| 1.28<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1.38<br> %<br>| 1.58<br> %<br>| 1.46<br> %<br>| 1.39<br> %<br>| 1.83<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; 1<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 6<br> %<br>| &nbsp;&nbsp; 3<br> %<br>| &nbsp;&nbsp; 2<br> %<br>| &nbsp;&nbsp; 4<br> %<br>| &nbsp;&nbsp; 3<br> %<br>|

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**NOTES TO FINANCIAL STATEMENTS**

**(Unaudited)**

**A. Organization:** 

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940 (the "1940 Act"), whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of ten portfolios, one of which, the U.S. Large Company Portfolio (the "Portfolio"), is presented in this section of the report. The remaining operational portfolios are presented in separate reports. The Portfolio is an investment company, and accordingly, follows the accounting and reporting guidance under the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC"), Topic 946, "Financial Services-Investment Companies."

**B. Significant Accounting Policies:**

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America ("GAAP"). Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates, and those differences could be material.

1. Security Valuation: The Portfolio uses a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 1 – inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

Securities held by the Portfolio, including over-the-counter securities, are valued at the last quoted sale price of the day. Securities held by the Portfolio that are listed on Nasdaq are valued at the Nasdaq Official Closing Price ("NOCP"). If there is no last reported sale price or NOCP for the day, the Portfolio values the securities at the mean between the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange . These securities are generally categorized as Level 1 in the hierarchy. The investment in The DFA Short Term Investment Fund (the "Short Term Series"), which is an open-end management investment company available for purchase only by the Portfolio and affiliated funds, is categorized as Level 2 in the hierarchy.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Directors of the Fund (the "Board"). Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP (the "Advisor")) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the Portfolio may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

------

Futures contracts held by the Portfolio are valued using the settlement price established each day on the exchange on which they are traded. These valuations are generally categorized as Level 1 in the hierarchy.

A summary of the inputs used to value the Portfolio's investments by each major security type, industry and/or country is disclosed previously in this note. A valuation hierarchy table has been included at the end of the Schedule of Investments. The methodology or inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds, each of which are affiliates of the Portfolio, and advised by the Advisor: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company Portfolio, U.S. Vector Equity Portfolio, U.S. Micro Cap Portfolio, DFA International Value Portfolio, International Core Equity 2 Portfolio, Emerging Markets Portfolio, Emerging Markets Core Equity 2 Portfolio, DFA Inflation-Protected Securities Portfolio, and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors'/Trustees' Fees & Expenses.

The Directors may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Director shall have the right in a notice of election (the "Notice") to defer the receipt of the Director's deferred compensation until a date specified by such Director in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board; and (ii) five years following the effective date of the Director's first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director's deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board (unless the Director files an amended Notice selecting a different distribution date).

3. Other: Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Portfolio estimates the character of received distributions that may be considered return of capital distributions. Expenses directly attributable to a Portfolio are directly charged. Common expenses of the Fund or the Portfolios are allocated using methods approved by the Board, generally based on average net assets.

**C. Investment Advisor:**

The Advisor provides investment management services to the Portfolio. For the six months ended April 30, 2025, the Portfolio's investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rate of average daily net assets:

---

| | |
|:---|:---|
| U.S. Large Company Portfolio | 0.06<br> %<br>|

---

Pursuant to an Amended and Restated Fee Waiver and/or Expense Assumption Agreement (the "Fee Waiver Agreement"), the Advisor has contractually agreed to waive certain fees, and in certain instances, assume certain expenses of the Portfolio, as described in the notes below. The Fee Waiver Agreement for the Portfolio will remain in effect through February 28, 2026, may only be terminated by the Fund's Board prior to that date and shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. During the six months ended April 30, 2025, the Portfolio had an expense limit based on a percentage of average net assets on an annualized basis, as listed below. At any time that the Annualized Expense Ratio (defined below) of the Portfolio is less than the Expense Limitation Amount listed below, the Advisor retains the right to recover fees previously waived and/or expenses previously assumed to the extent that the expense ratio following such recovery would be less than the

------

Expense Limitation Amount that was in place when such prior year fees were waived and/or expenses assumed, and less than the current Expense Limitation Amount for the Portfolio. The recovered previously waived fees/assumed expenses during the six months ended April 30, 2025, waived fees/assumed expenses during the six months ended April 30, 2025, and previously waived fees/assumed expenses subject to future recovery by the Advisor, are reflected below (amounts in thousands). The Fund, on behalf of the Portfolio, is also not obligated to reimburse the Advisor for fees previously waived or expenses previously assumed by the Advisor more than thirty-six months before the date of recovery.

---

| | | | |
|:---|:---|:---|:---|
| **Institutional Class Shares**  | **Expense**<br> **Limitation**<br> **Amount**<br>| **Recovery**<br> **of Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br>| **Waived Fees/**<br> **Assumed**<br> **Expenses**<br>|
| U.S. Large Company Portfolio (1) | 0.08<br> %<br>|  | $754 |

---

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

(1) The Advisor has contractually agreed to waive all or a portion of its management fee to the extent necessary to reduce the ordinary <br> operating expenses (excluding expenses incurred through investment in other investment companies) ("Portfolio Expenses") of the U.S. Large <br> Company Portfolio so that the Portfolio Expenses, on an annualized basis, do not exceed the rate listed above as a percentage of the Portfolio's <br> average net assets (the "Annualized Expense Ratio").<br>

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** |
|  | **10/31/2025** | **10/31/2026** | **10/31/2027** | **4/30/2028** | **Total** |
| U.S. Large Company Portfolio | &nbsp;&nbsp; $535 | $1350 | $1942 | $755 | $4582 |

---

**Fees Paid to Officers and Directors/Trustees:**

Certain Officers and Directors of the Advisor are also Officers and Directors of the Fund; however, such Officers and Directors (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the six months ended April 30, 2025, the total related amounts paid by the Fund to the CCO were $11 (in thousands). The total related amounts paid by the Portfolio are included in Other Expenses on the Statement of Operations.

**D. Deferred Compensation:** 

As of April 30, 2025, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities as follows (amount in thousands):

---

| | |
|:---|:---|
| U.S. Large Company Portfolio | &nbsp;&nbsp; $132 |

---

**E. Purchases and Sales of Securities:** 

For the six months ended April 30, 2025, the Portfolio's transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. Government securities (amounts in thousands), were as follows:

---

| | | |
|:---|:---|:---|
|  | **Purchases**  | **Sales** |
| U.S. Large Company Portfolio | &nbsp;&nbsp; $154534 | &nbsp;&nbsp; $256518 |

---

There were no purchases or sales of long-term U.S. government securities.

For the six months ended April 30, 2025, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

------

The amounts presented below may differ from the respective amounts presented in the Schedule of Investments, Statement of Assets and Liabilities or Statement of Operations due to rounding. The amounts are as follows (amounts in thousands):

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at**<br> **October 31, 2024**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Net Realized**<br> **Gain/(Loss)**<br> **on Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation/**<br> **Depreciation**<br>| **Balance at**<br> **April 30, 2025**<br>| **Shares as of**<br> **April 30, 2025**<br>| **Dividend**<br> **Income**<br>| **Capital Gain**<br> **Distributions**<br>|
| **U.S. Large Company Portfolio** |  |  |  |  |  |  |  |  |  |
| The DFA Short Term Investment <br> Fund<br>| $63053 | $722900 | $685348 | $(4)<br>| $(1)<br>| $100600 | 8699 | $1398 |  |
| **Total** | **$63053** | **$722900** | **$685348** | **$(4)**<br>| **$(1)**<br>| **$100600** |  | **$1398** | **—** |

---

**F. Federal Income Taxes:** 

The Portfolio has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to its shareholders. Accordingly, no provision has been made for federal income taxes.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under GAAP. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings, undistributed net investment income, accumulated net realized gains or losses, or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2024, can occur as a result of non-deductible expenses, the use of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes, redemption in-kind transactions, distributions received from real estate investment trusts and distribution redesignations, and were reclassified to the accounts mentioned above. These reclassifications had no effect on net assets or net asset value per share.

The tax character of dividends and distributions declared and paid during the years ended October 31, 2023, and October 31, 2024, were as follows (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Long-Term**<br> **Capital Gains**<br>| **Total** |
| U.S. Large Company Portfolio |  |  |  |
| 2023 | &nbsp;&nbsp; $145816 | &nbsp;&nbsp; $426913 | &nbsp;&nbsp; $572729 |
| 2024 | &nbsp;&nbsp; 145593 | &nbsp;&nbsp; 306651 | &nbsp;&nbsp; 452244 |

---

As of October 31, 2024, the following net investment income and short-term capital gains and long-term capital gains distributions designated for federal income tax purposes are due to the use of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Long-Term**<br> **Capital Gains**<br>| **Total** |
| U.S. Large Company Portfolio | &nbsp;&nbsp; $(18202)<br>| &nbsp;&nbsp; $(212596)<br>| &nbsp;&nbsp; $(230798)<br>|

---

------

As of October 31, 2024, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Undistributed**<br> **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Undistributed**<br> **Long-Term**<br> **Capital Gains**<br>| **Capital Loss**<br> **Carryforwards**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Total Net**<br> **Distributable**<br> **Earnings**<br> **(Accumulated**<br> **Losses)**<br>|
| U.S. Large Company Portfolio | &nbsp;&nbsp; $18229 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $9132812 | &nbsp;&nbsp; $9151041 |

---

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2024, the Portfolio did not have capital loss carryforwards available to offset future realized capital gains.

During the year ended October 31, 2024, the Portfolio did not use capital loss carryforwards to offset realized capital gains for federal income tax purposes.

As of April 30, 2025, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Federal**<br> **Tax Cost**<br>| **Unrealized**<br> **Appreciation**<br>| **Unrealized**<br> **(Depreciation)**<br>| **Net**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| U.S. Large Company Portfolio | &nbsp;&nbsp; $3098368 | &nbsp;&nbsp; $8733218 | &nbsp;&nbsp; $(132552)<br>| &nbsp;&nbsp; $8600666 |

---

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts and differences in the tax treatment of other investments.

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Under GAAP, the Portfolio recognizes the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained, assuming examination by tax authorities. Management has analyzed the Portfolio's tax positions and has concluded that no additional provision for income tax is required in the Portfolio's financial statements. The Portfolio is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolio's federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

**G. Financial Instruments:**

In accordance with the Portfolio's investment objectives and policies, the Portfolio may invest in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit and market risk. The Portfolio's derivative contracts are not accounted for as hedging instruments under GAAP. These instruments and their significant corresponding risks are described below:

**Derivative Financial Instruments:**

Summarized below are the specific types of derivative instruments used by the Portfolio.

1. Futures Contracts: The Portfolio may purchase or sell futures contracts and options on futures contracts for equity securities and indices to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Portfolio. Upon entering into a futures contract, the Portfolio deposits cash or pledges U.S. government securities to a broker, equal to the minimum "initial margin" requirements of the exchange on which the contract is traded to a broker. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Portfolio as unrealized gains or losses until the contracts are closed. When the contracts

------

are closed, the Portfolio records a realized gain or loss, which is presented in the Statement of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

Risks may arise upon entrance into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities, from the possibility of an illiquid secondary market for these instruments and from the possibility that the Portfolio could lose more than the initial margin requirements. A Portfolio entering into stock index futures is subject to equity price risk from those futures contracts.

Securities have been segregated as collateral for open futures contracts.

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the six months ended April 30, 2025 was as follows (amount in thousands):

---

| | |
|:---|:---|
|  | **Futures\*** |
| U.S. Large Company Portfolio | &nbsp;&nbsp; $27618 |

---

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

\* Average Notional Value of futures contracts.

The following is a summary of the Portfolio's derivative instrument holdings categorized by primary risk exposure as of April 30, 2025 (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Asset Derivatives Value**  | **Asset Derivatives Value**  |
|  | **Total Value**<br> **at**<br> **April 30, 2025** <br>| **Equity**<br> **Contracts** <sup>\*,(1)</sup> <br>|
| U.S. Large Company Portfolio | &nbsp;&nbsp; $2503<br>| &nbsp;&nbsp; $2503 |

---

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

(1) Presented on Statement of Assets and Liabilities as Receivables: Futures Margin Variation.

\* Includes cumulative appreciation (depreciation) of futures contracts. Only current day's margin variation is reported within the Statement of Assets and Liabilities. 

The following is a summary of the realized and change in unrealized gains and losses from the Portfolio's derivative instrument holdings categorized by primary risk exposure for the six months ended April 30, 2025 (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Realized Gain (Loss) on**<br> **Derivatives**  | **Realized Gain (Loss) on**<br> **Derivatives**  |
|  | **Total**  | **Equity**<br> **Contracts** <sup>(1)</sup> <br>|
| U.S. Large Company Portfolio | &nbsp;&nbsp; $(2030)<br>| &nbsp;&nbsp; $(2030)<br>|

---

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

---

| | | |
|:---|:---|:---|
|  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  |
|  | **Total**  | **Equity**<br> **Contracts** <sup>(2)</sup> <br>|
| U.S. Large Company Portfolio | &nbsp;&nbsp; $2660 | &nbsp;&nbsp; $2660 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(1) Presented
 on Statement of Operations as Net Realized Gain (Loss) on: Futures.

&nbsp;&nbsp;&nbsp;&nbsp;(2) Presented
 on Statement of Operations as Change in Unrealized Appreciation (Depreciation) of: Futures.

------

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

**H. Line of Credit and Interfund Lending Program:**

The Fund, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 2, 2025, with its domestic custodian bank. A line of credit with similar terms was in effect through April 2, 2025. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 1, 2026.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 26, 2024. A line of credit with similar terms was in effect through December 26, 2024. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio's net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The line of credit agreement expires on December 25, 2025.

For the six months ended April 30, 2025, borrowings by the Portfolio under the lines of credit were as follows (amounts in thousands, except percentages and days):

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Weighted**<br> **Average**<br> **Interest Rate**<br>| **Weighted**<br> **Average**<br> **Loan Balance**<br>| **Number of**<br> **Days**<br> **Outstanding\***<br>| **Interest**<br> **Expense**<br> **Incurred**<br>| **Maximum Amount**<br> **Borrowed During**<br> **the Period**<br>| **Outstanding**<br> **Borrowings**<br> **as of 04/30/2025**<br>|
| U.S. Large Company <br> Portfolio<br>| 5.33<br> %<br>| &nbsp;&nbsp; $7042 | &nbsp;&nbsp; 1 | &nbsp;&nbsp; $1 | &nbsp;&nbsp; $7042 | &nbsp;&nbsp; — |

---

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

\* Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2025, that the Portfolio's available line of credit was used. 

Pursuant to an exemptive order issued by the SEC (the "Order"), the Portfolio may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objectives and limitations. Interfund loans have a maximum duration of seven days and may be called on one business day's notice.

The Portfolio did not use the interfund lending program during the six months ended April 30, 2025.

**I. Securities Lending:** 

As of April 30, 2025, the Portfolio had securities on loan to brokers/dealers, for which the Portfolio received cash collateral. The contractual maturity of cash collateral received under the securities lending agreement is classified as overnight and continuous.

The Portfolio invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are expected at all times to be secured by collateral in an amount (i) equal to at least 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) generally equal to 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) generally equal to 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Portfolio's collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next

------

business day to ensure adequate collateralization. In the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. If the borrower fails to return loaned securities, cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities, and such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Portfolio or, at the option of the lending agent, to replace the securities. In the event of the bankruptcy of the borrower, the Portfolio could experience delay in recovering the loaned securities or only recover cash or a security of equivalent value.

Subject to its stated investment policies, the Portfolio will generally invest the cash collateral received for the loaned securities in the Short Term Series, an affiliated registered ultrashort term bond fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Short Term Series. Income received from the Short Term Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. The Portfolio also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, the Portfolio will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or, other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible for taxation at qualified dividend income rates.

**J. Indemnitees; Contractual Obligations:**

Under the Fund's organizational documents, its Officers and Directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

In the normal course of business, the Fund enters into contracts that contain a variety of representations and warranties that provide general indemnification. The Fund's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Fund and/or its affiliates that have not yet occurred. However, based on experience, the Fund expects the risk of loss to be remote.

**K. In-Kind Redemptions:**

During the six months ended April 30, 2025, the Portfolio realized net gains (losses) on in-kind redemptions as follows (amount in thousands):

---

| | |
|:---|:---|
| U.S. Large Company Portfolio  | &nbsp;&nbsp; $255709 |

---

**L. Segment Reporting:**

In this reporting period, the Portfolio adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The adoption of the new standard only impacted financial statement disclosures and did not affect the Portfolio's financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that (i) engages in business activities from which it may recognize revenues and incur expenses, (ii) has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and (iii) has discrete financial information available. The Fund's Co-Chief Executive Officers and the Chief Financial Officer act as the Portfolio's CODM. The Portfolio represents a single operating segment, as the CODM monitors the operating results of the Portfolio as a whole. The Portfolio's long-term strategic asset allocation is executed by its portfolio management team and guided by the Portfolio's investment objective and principal investment strategies, as described in the Portfolio's respective prospectus. The financial information provided to and reviewed by the CODM is consistent with that presented in the Portfolio's Schedule of Investments, Statement of Operations, Statement of Changes in Net Assets, and Financial Highlights.

------

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

**M. New Accounting Pronouncement:**

In December 2023, the FASB issued Accounting Standards Update 2023-09, Income Taxes (Topic 740) – Improvements to Income Tax Disclosures ("ASU 2023-09"). Effective for annual periods beginning after December 15, 2024, the amendments require greater disaggregation of disclosures related to income taxes paid. The ASU 2023-09 allows for early adoption and requires that amendments be applied on a prospective basis. Management is currently evaluating the impact of the ASU 2023-09 but does not expect the guidance to materially impact the financial statements.

**N. Other:**

As of April 30, 2025, the following number of shareholders, each holding greater than 5%, held the following approximate percentages of the Portfolio's outstanding shares. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.

---

| | | |
|:---|:---|:---|
|  | **Number of**<br> **Shareholders**<br>| **Approximate**<br> **Percentage**<br> **of Outstanding**<br> **Shares**<br>|
| U.S. Large Company Portfolio | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 65<br> %<br>|

---

The Portfolio is subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy). Although management currently believes that resolving claims, if any, against the Portfolio, individually or in aggregate, will not have a material adverse impact on the Portfolio's financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management's view of these matters may change in the future.

**O. ReFlow Redemption Service:**

The Portfolio may participate in the ReFlow liquidity program, which is designed to provide an alternative liquidity source for mutual funds experiencing net redemptions of their shares. Pursuant to the program, ReFlow Fund, LLC ("ReFlow") provides participating mutual funds with a source of cash to meet net shareholder redemptions by standing ready each business day to purchase fund shares up to the value of the net shares redeemed by other shareholders that are expected to settle that business day. A fund is not guaranteed to receive cash from ReFlow on any given day as the allocation of ReFlow's cash is based on the results of ReFlow's automated daily auction process among participating mutual funds. Following purchases of fund shares, ReFlow then generally redeems those shares when the fund experiences net shareholder purchases at the end of the maximum holding period, currently 8 days, determined by ReFlow, or at other times at ReFlow's discretion. While ReFlow holds fund shares, it will have the same rights and privileges with respect to those shares as any other shareholder.

For use of the ReFlow program, a fund pays a fee to ReFlow each time it purchases fund shares, calculated by applying to the purchase amount a fee rate determined through the auction process. The current minimum fee rate (which is subject to change) is 0.14% of the value of the fund shares purchased by ReFlow, although the fund may submit a bid at a higher fee rate if it determines that doing so is in the best interest of fund shareholders. ReFlow's purchases of fund shares through the liquidity program are made on an investment-blind basis without regard to the fund's objective, policies, or anticipated performance. In accordance with federal securities laws, ReFlow is prohibited from acquiring more than 3% of the outstanding voting securities of a fund. ReFlow will periodically redeem its entire share position in the Portfolio and may request that such redemption be met in kind in accordance with redemption in-kind policies described in the Portfolio's Prospectus. Purchases and redemptions of Portfolio shares by ReFlow under the program are not considered excessive short-term trading under the Portfolio's Policy Regarding Excessive Short-Term Trading.

------

For the six months ended April 30, 2025 the Portfolio's activity in the program is listed below (amounts in thousands, except shares):

---

| | | | |
|:---|:---|:---|:---|
|  | **Value of Cash** <br> **and Value of** <br> **Securities** <br> **Sold**<br>| **Shares Sold** | **Service Fees** |
| U.S. Large Company Portfolio | &nbsp;&nbsp; $341696 | &nbsp;&nbsp; 8869326 | &nbsp;&nbsp; $478 |

---

**P. Subsequent Event Evaluations:** 

Management has evaluated the impact of all subsequent events on the Portfolio through the date on which the financial statements were issued and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

------

**The U.S. Large Cap Value Series**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)**

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMON STOCKS — (96.2%) | COMMON STOCKS — (96.2%) | COMMON STOCKS — (96.2%) | COMMON STOCKS — (96.2%) |
| COMMUNICATION SERVICES — (6.9%) | COMMUNICATION SERVICES — (6.9%) | COMMUNICATION SERVICES — (6.9%) | COMMUNICATION SERVICES — (6.9%) |
|  | AT&T, Inc. | 15222408 | $421660702 |
| #\* | Charter <br> Communications, <br> Inc., Class A<br>| 80961 | 31725377 |
|  | Comcast Corp., <br> Class A<br>| 8308984 | 284167253 |
|  | Electronic Arts, Inc. | 801959 | 116356231 |
|  | Fox Corp. (FOX US), <br> Class B<br>| 420583 | 19447758 |
|  | Fox Corp. (FOXA US), <br> Class A<br>| 1001658 | 49872552 |
| # | Interpublic Group of <br> Cos., Inc.<br>| 609073 | 15299914 |
| \* | Liberty Broadband <br> Corp. (LBRDA US), <br> Class A<br>| 18498 | 1647247 |
| \* | Liberty Broadband <br> Corp. (LBRDK US), <br> Class C<br>| 18867 | 1705388 |
| \* | Liberty Media <br> Corp.-Liberty <br> Formula One <br> (FWONA US), <br> Class A<br>| 39281 | 3164085 |
| #\* | Liberty Media <br> Corp.-Liberty <br> Formula One <br> (FWONK US), <br> Class C<br>| 233585 | 20711982 |
| \* | Liberty Media <br> Corp.-Liberty Live <br> (LLYVA US), <br> Class A<br>| 655 | 45837 |
| # | News Corp. (NWS <br> US), Class B<br>| 152734 | 4798902 |
|  | News Corp. (NWSA <br> US), Class A<br>| 857510 | 23255671 |
|  | Omnicom Group, Inc. | 570842 | 43475327 |
| # | Sirius XM Holdings, <br> Inc.<br>| 265517 | 5687374 |
| \* | Take-Two Interactive <br> Software, Inc.<br>| 180577 | 42132226 |
|  | T-Mobile U.S., Inc. | 1143509 | 282389547 |
|  | Verizon <br> Communications, <br> Inc.<br>| 8455489 | 372548845 |
|  | Walt Disney Co. | 1190162 | 108245234 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
| \* | Warner Bros <br> Discovery, Inc.<br>| 1597636 | $13851504 |
| TOTAL COMMUNICATION <br> SERVICES | TOTAL COMMUNICATION <br> SERVICES |  | 1862188956 |
| CONSUMER DISCRETIONARY — (4.0%) | CONSUMER DISCRETIONARY — (4.0%) | CONSUMER DISCRETIONARY — (4.0%) | CONSUMER DISCRETIONARY — (4.0%) |
| \* | Aptiv PLC | 306381 | 17482100 |
|  | Aramark | 690391 | 23079771 |
|  | Autoliv, Inc. | 116089 | 10822977 |
|  | Best Buy Co., Inc. | 75803 | 5055302 |
|  | BorgWarner, Inc. | 158149 | 4488269 |
| \* | CarMax, Inc. | 168983 | 10928131 |
|  | Dick's Sporting Goods, <br> Inc.<br>| 65486 | 12294342 |
|  | DR Horton, Inc. | 1200143 | 151626067 |
|  | eBay, Inc. | 1358190 | 92574230 |
|  | Ford Motor Co. | 15161291 | 151764523 |
|  | Garmin Ltd. | 280451 | 52407878 |
|  | General Motors Co. | 4801206 | 217206559 |
|  | Gentex Corp. | 496507 | 10813922 |
|  | Genuine Parts Co. | 383763 | 45111341 |
| # | Hyatt Hotels Corp., <br> Class A<br>| 39706 | 4474072 |
|  | Lennar Corp. (LEN <br> US), Class A<br>| 789726 | 85772141 |
| # | Lennar Corp. (LENB <br> US), Class B<br>| 29525 | 3051999 |
| # | LKQ Corp. | 1119776 | 42786641 |
| #\* | MGM Resorts <br> International<br>| 375301 | 11806969 |
| \* | NVR, Inc. | 1118 | 7966589 |
|  | Penske Automotive <br> Group, Inc.<br>| 93618 | 14573514 |
|  | PulteGroup, Inc. | 974924 | 100007704 |
|  | Ralph Lauren Corp. | 52998 | 11921900 |
|  | Tapestry, Inc. | 91507 | 6464970 |
| \* | TopBuild Corp. | 2463 | 728457 |
| TOTAL CONSUMER <br> DISCRETIONARY | TOTAL CONSUMER <br> DISCRETIONARY |  | 1095210368 |
| CONSUMER STAPLES — (5.3%) | CONSUMER STAPLES — (5.3%) | CONSUMER STAPLES — (5.3%) | CONSUMER STAPLES — (5.3%) |
|  | Albertsons Cos., Inc., <br> Class A<br>| 6496 | 142782 |
|  | Archer-Daniels-Midland <br> Co.<br>| 799300 | 38166575 |
|  | Bunge Global SA | 365951 | 28807663 |
| # | Campbell's Co. | 148063 | 5398377 |
| # | Casey's General <br> Stores, Inc.<br>| 74556 | 34488860 |

---

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**The U.S. Large Cap Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
|  | Church & Dwight Co., <br> Inc.<br>| 14492 | $1439635 |
|  | Constellation Brands, <br> Inc., Class A<br>| 581782 | 109107396 |
|  | Dollar General Corp. | 239562 | 22444564 |
| #\* | Dollar Tree, Inc. | 676384 | 55307920 |
|  | General Mills, Inc. | 2156387 | 122353398 |
|  | Hormel Foods Corp. | 760512 | 22739309 |
|  | J.M. Smucker Co. | 165280 | 19217106 |
|  | Kenvue, Inc. | 5771553 | 136208651 |
|  | Keurig Dr. Pepper, Inc. | 3349388 | 115855331 |
|  | Kraft Heinz Co. | 1528530 | 44480223 |
| # | Kroger Co. | 3528698 | 254807283 |
|  | McCormick & Co., Inc. <br> (MKC US)<br>| 287858 | 22067194 |
| # | Molson Coors <br> Beverage Co., <br> Class B<br>| 406079 | 23361725 |
|  | Mondelez International, <br> Inc., Class A<br>| 2706450 | 184390438 |
| \* | Performance Food <br> Group Co.<br>| 102008 | 8227965 |
|  | Target Corp. | 882070 | 85296169 |
|  | Tyson Foods, Inc., <br> Class A<br>| 451737 | 27664374 |
| \* | U.S. Foods Holding <br> Corp.<br>| 1017355 | 66799529 |
| TOTAL CONSUMER <br> STAPLES | TOTAL CONSUMER <br> STAPLES |  | 1428772467 |
| ENERGY — (11.6%) | ENERGY — (11.6%) | ENERGY — (11.6%) | ENERGY — (11.6%) |
|  | Baker Hughes Co. | 3952225 | 139908765 |
|  | Chevron Corp. | 3532081 | 480574941 |
| # | ConocoPhillips | 2835383 | 252689333 |
| # | Coterra Energy, Inc. | 2516478 | 61804700 |
|  | Devon Energy Corp. | 2126023 | 64652359 |
|  | Diamondback Energy, <br> Inc.<br>| 685704 | 90519785 |
|  | EOG Resources, Inc. | 1129401 | 124606812 |
|  | EQT Corp. | 556426 | 27509701 |
|  | Expand Energy Corp. | 66063 | 6863946 |
|  | Exxon Mobil Corp. | 10082591 | 1065024078 |
| # | Halliburton Co. | 789590 | 15649674 |
|  | Hess Corp. | 373328 | 48177978 |
|  | Kinder Morgan, Inc. | 5924552 | 155815717 |
|  | Marathon Petroleum <br> Corp.<br>| 1111709 | 152759934 |
| # | Occidental Petroleum <br> Corp.<br>| 1478314 | 58260355 |
|  | ONEOK, Inc. | 748405 | 61488955 |
|  | Ovintiv, Inc. | 9098 | 305511 |
|  | Permian Resources <br> Corp.<br>| 1479 | 17452 |
| # | Phillips 66 | 1023599 | 106515712 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
| # | Schlumberger NV | 921055 | $30625079 |
|  | Valero Energy Corp. | 1009265 | 117165574 |
|  | Williams Cos., Inc. | 1103325 | 64621745 |
| TOTAL ENERGY | TOTAL ENERGY |  | 3125558106 |
| FINANCIALS — (23.7%) | FINANCIALS — (23.7%) | FINANCIALS — (23.7%) | FINANCIALS — (23.7%) |
|  | Aflac, Inc. | 878729 | 95500268 |
|  | Allstate Corp. | 260609 | 51702219 |
|  | Ally Financial, Inc. | 546497 | 17848592 |
|  | American International <br> Group, Inc.<br>| 2014250 | 164201660 |
|  | Arch Capital Group <br> Ltd.<br>| 933062 | 84610062 |
|  | Bank of America Corp. | 5206799 | 207647144 |
|  | Bank of New York <br> Mellon Corp.<br>| 1630390 | 131099660 |
| \* | Berkshire Hathaway, <br> Inc., Class B<br>| 1313815 | 700591849 |
|  | Blackrock, Inc. | 45735 | 41813681 |
| \* | Block, Inc. | 148855 | 8703552 |
|  | BOK Financial Corp. | 6114 | 569641 |
|  | Capital One Financial <br> Corp.<br>| 635455 | 114547118 |
|  | Charles Schwab Corp. | 408720 | 33269808 |
|  | Chubb Ltd. | 614515 | 175800451 |
|  | Cincinnati Financial <br> Corp.<br>| 73896 | 10287062 |
|  | Citigroup, Inc. | 1851370 | 126596681 |
|  | Citizens Financial <br> Group, Inc.<br>| 645174 | 23800469 |
|  | CME Group, Inc. | 58793 | 16290364 |
|  | Corebridge Financial, <br> Inc.<br>| 234937 | 6961183 |
|  | Discover Financial <br> Services<br>| 967007 | 176643169 |
|  | Everest Group Ltd. | 77479 | 27801790 |
|  | F&G Annuities & Life, <br> Inc.<br>| 8261 | 287565 |
|  | Fidelity National <br> Financial, Inc.<br>| 308280 | 19745334 |
|  | Fidelity National <br> Information Services, <br> Inc.<br>| 1929387 | 152190046 |
|  | Fifth Third Bancorp | 2268007 | 81512172 |
|  | First Citizens <br> BancShares, Inc., <br> Class A<br>| 15327 | 27268879 |
| \* | Fiserv, Inc. | 473286 | 87354397 |
|  | Franklin Resources, <br> Inc.<br>| 8604 | 161411 |
|  | Global Payments, Inc. | 265951 | 20294721 |
|  | Goldman Sachs <br> Group, Inc.<br>| 590583 | 323373722 |

---

------

**The U.S. Large Cap Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Hartford Insurance <br> Group, Inc.<br>| 1372863 | $168409104 |
|  | Huntington <br> Bancshares, Inc.<br>| 3956669 | 57490400 |
|  | Intercontinental <br> Exchange, Inc.<br>| 135887 | 22824939 |
|  | Jefferies Financial <br> Group, Inc.<br>| 40953 | 1913734 |
|  | JPMorgan Chase & <br> Co.<br>| 4988556 | 1220300569 |
|  | KeyCorp | 2313801 | 34336807 |
|  | Loews Corp. | 489063 | 42465340 |
|  | M&T Bank Corp. | 334193 | 56732604 |
| #\* | Markel Group, Inc. | 11684 | 21248522 |
|  | MetLife, Inc. | 1434948 | 108152031 |
|  | Morgan Stanley | 1820679 | 210142770 |
|  | Nasdaq, Inc. | 31395 | 2392613 |
|  | Northern Trust Corp. | 332299 | 31229460 |
|  | Old Republic <br> International Corp.<br>| 17558 | 660181 |
| #\* | PayPal Holdings, Inc. | 502308 | 33071959 |
|  | PNC Financial <br> Services Group, Inc.<br>| 578982 | 93036618 |
|  | Principal Financial <br> Group, Inc.<br>| 1310318 | 97160080 |
|  | Prudential Financial, <br> Inc.<br>| 1182957 | 121501513 |
| # | Raymond James <br> Financial, Inc.<br>| 393244 | 53890158 |
|  | Regions Financial <br> Corp.<br>| 1577624 | 32199306 |
|  | Reinsurance Group of <br> America, Inc.<br>| 33445 | 6264583 |
|  | RenaissanceRe <br> Holdings Ltd.<br>| 10134 | 2451719 |
| \* | Robinhood Markets, <br> Inc., Class A<br>| 61260 | 3008479 |
|  | State Street Corp. | 691046 | 60881153 |
|  | Synchrony Financial | 1506047 | 78239142 |
| # | T. Rowe Price Group, <br> Inc.<br>| 231186 | 20471520 |
|  | Travelers Cos., Inc. | 1031317 | 272401759 |
|  | Truist Financial Corp. | 2319292 | 88921655 |
|  | U.S. Bancorp | 1821198 | 73467127 |
|  | Unum Group | 46438 | 3606375 |
|  | W.R. Berkley Corp. | 417688 | 29944053 |
|  | Wells Fargo & Co. | 5720327 | 406200420 |
|  | Willis Towers Watson <br> PLC<br>| 75050 | 23100390 |
| TOTAL FINANCIALS | TOTAL FINANCIALS |  | 6406591753 |
| HEALTH CARE — (16.1%) | HEALTH CARE — (16.1%) | HEALTH CARE — (16.1%) | HEALTH CARE — (16.1%) |
|  | Abbott Laboratories | 2350069 | 307271522 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
|  | Agilent Technologies, <br> Inc.<br>| 26194 | $2818474 |
| \* | Align Technology, Inc. | 23587 | 4087627 |
| #\* | Avantor, Inc. | 450055 | 5846214 |
|  | Baxter International, <br> Inc.<br>| 432422 | 13478594 |
|  | Becton Dickinson & <br> Co.<br>| 561631 | 116308164 |
| \* | Biogen, Inc. | 233772 | 28305114 |
| \* | Boston Scientific Corp. | 560768 | 57686204 |
|  | Bristol-Myers Squibb <br> Co.<br>| 349486 | 17544197 |
| \* | Centene Corp. | 751587 | 44982482 |
| \* | Charles River <br> Laboratories <br> International, Inc.<br>| 5060 | 600217 |
|  | Cigna Group | 658301 | 223848672 |
| \* | Cooper Cos., Inc. | 230229 | 18802802 |
|  | CVS Health Corp. | 2664005 | 177715773 |
|  | Danaher Corp. | 535707 | 106782476 |
| \* | Edwards Lifesciences <br> Corp.<br>| 839561 | 63378460 |
|  | Elevance Health, Inc. | 526111 | 221271764 |
| \* | Fortrea Holdings, Inc. | 223138 | 1390150 |
| \* | GE HealthCare <br> Technologies, Inc.<br>| 1694632 | 119183469 |
|  | Gilead Sciences, Inc. | 2061253 | 219605895 |
| #\* | Henry Schein, Inc. | 90638 | 5888751 |
| \* | Hologic, Inc. | 522510 | 30410082 |
|  | Humana, Inc. | 408303 | 107073379 |
| \* | ICON PLC | 92615 | 14025616 |
| \* | Incyte Corp. | 110062 | 6896485 |
| \* | IQVIA Holdings, Inc. | 279215 | 43297870 |
|  | Johnson & Johnson | 3761771 | 588002425 |
|  | Labcorp Holdings, Inc. | 521900 | 125783119 |
|  | Medtronic PLC | 2021760 | 171364378 |
|  | Merck & Co., Inc. | 553424 | 47151725 |
| #\* | Moderna, Inc. | 293544 | 8377746 |
| \* | Molina Healthcare, <br> Inc.<br>| 114862 | 37561023 |
| \* | Neurocrine <br> Biosciences, Inc.<br>| 9158 | 986225 |
|  | Pfizer, Inc. | 8274740 | 201986403 |
| # | Quest Diagnostics, <br> Inc.<br>| 646637 | 115243646 |
|  | Regeneron <br> Pharmaceuticals, <br> Inc.<br>| 163952 | 98167899 |
| # | Revvity, Inc. | 83118 | 7765715 |
|  | Royalty Pharma PLC, <br> Class A<br>| 325624 | 10686980 |
|  | STERIS PLC | 261006 | 58658488 |
| \* | Tenet Healthcare <br> Corp.<br>| 32375 | 4628006 |

---

------

**The U.S. Large Cap Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
|  | Thermo Fisher <br> Scientific, Inc.<br>| 490073 | $210241317 |
| \* | United Therapeutics <br> Corp.<br>| 95632 | 28985103 |
|  | UnitedHealth Group, <br> Inc.<br>| 1446140 | 594999842 |
|  | Universal Health <br> Services, Inc., <br> Class B<br>| 199447 | 35316080 |
| # | Viatris, Inc. | 606093 | 5103303 |
|  | West Pharmaceutical <br> Services, Inc.<br>| 1104 | 233264 |
|  | Zimmer Biomet <br> Holdings, Inc.<br>| 525064 | 54107845 |
| TOTAL HEALTH CARE | TOTAL HEALTH CARE |  | 4363850985 |
| INDUSTRIALS — (12.1%) | INDUSTRIALS — (12.1%) | INDUSTRIALS — (12.1%) | INDUSTRIALS — (12.1%) |
|  | AECOM | 5881 | 580161 |
| \* | Amentum Holdings, <br> Inc.<br>| 320930 | 7002692 |
|  | AMETEK, Inc. | 604324 | 102481264 |
| \* | Builders FirstSource, <br> Inc.<br>| 477584 | 57133374 |
|  | Carlisle Cos., Inc. | 1130 | 428812 |
|  | Carrier Global Corp. | 1070984 | 66979339 |
| \* | Clean Harbors, Inc. | 29177 | 6242127 |
|  | CNH Industrial NV | 2314757 | 26781738 |
|  | CSX Corp. | 3725994 | 104588652 |
|  | Cummins, Inc. | 471456 | 138532631 |
|  | Curtiss-Wright Corp. | 10051 | 3466489 |
|  | Deere & Co. | 513285 | 237938395 |
|  | Delta Air Lines, Inc. | 2785685 | 115968067 |
|  | Dover Corp. | 439533 | 75006306 |
|  | Emerson Electric Co. | 728176 | 76538579 |
|  | FedEx Corp. | 539931 | 113563687 |
|  | Fortive Corp. | 486680 | 33916729 |
|  | Fortune Brands <br> Innovations, Inc.<br>| 162069 | 8722554 |
|  | General Dynamics <br> Corp.<br>| 472813 | 128661874 |
|  | Howmet Aerospace, <br> Inc.<br>| 1 | 139 |
|  | IDEX Corp. | 79588 | 13845924 |
|  | Ingersoll Rand, Inc. | 1056597 | 79699112 |
|  | Jacobs Solutions, Inc. | 206567 | 25572995 |
|  | JB Hunt Transport <br> Services, Inc.<br>| 212141 | 27701372 |
|  | Johnson Controls <br> International PLC<br>| 2003309 | 168077625 |
|  | L3Harris Technologies, <br> Inc.<br>| 443494 | 97577550 |
|  | Leidos Holdings, Inc. | 624332 | 91889184 |
|  | ManpowerGroup, Inc. | 2452 | 105608 |
|  | Nordson Corp. | 16972 | 3217382 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Norfolk Southern <br> Corp.<br>| 591541 | $132534761 |
|  | Northrop Grumman <br> Corp.<br>| 211386 | 102839289 |
|  | Oshkosh Corp. | 2394 | 200521 |
|  | Otis Worldwide Corp. | 299474 | 28830362 |
|  | Owens Corning | 225217 | 32748804 |
|  | PACCAR, Inc. | 2149051 | 193865891 |
|  | Parker-Hannifin Corp. | 129345 | 78261486 |
|  | Pentair PLC | 658023 | 59702427 |
|  | Quanta Services, Inc. | 2214 | 648016 |
|  | Regal Rexnord Corp. | 1060 | 112190 |
|  | Republic Services, <br> Inc.<br>| 107736 | 27014802 |
|  | RTX Corp. | 2051769 | 258789624 |
|  | Snap-on, Inc. | 278840 | 87502780 |
| # | Southwest Airlines Co. | 727132 | 20330611 |
|  | SS&C Technologies <br> Holdings, Inc.<br>| 751729 | 56830712 |
|  | Stanley Black & <br> Decker, Inc.<br>| 152348 | 9143927 |
|  | Textron, Inc. | 320489 | 22552811 |
|  | TransUnion | 284115 | 23570180 |
| #\* | U-Haul Holding Co. <br> (UHAL US)<br>| 24055 | 1476736 |
|  | U-Haul Holding Co. <br> (UHAL/B US)<br>| 564201 | 30918215 |
| \* | United Airlines <br> Holdings, Inc.<br>| 1381507 | 95075312 |
|  | United Parcel Service, <br> Inc., Class B<br>| 214253 | 20418311 |
|  | United Rentals, Inc. | 101525 | 64107961 |
|  | Westinghouse Air <br> Brake Technologies <br> Corp.<br>| 459565 | 84900038 |
|  | Xylem, Inc. | 325858 | 39288699 |
| TOTAL INDUSTRIALS | TOTAL INDUSTRIALS |  | 3283884827 |
| INFORMATION TECHNOLOGY — (8.7%) | INFORMATION TECHNOLOGY — (8.7%) | INFORMATION TECHNOLOGY — (8.7%) | INFORMATION TECHNOLOGY — (8.7%) |
| \* | Advanced Micro <br> Devices, Inc.<br>| 1120666 | 109096835 |
| \* | Akamai Technologies, <br> Inc.<br>| 78827 | 6351880 |
|  | Amdocs Ltd. | 377407 | 33430712 |
|  | Analog Devices, Inc. | 813429 | 158553581 |
|  | Cisco Systems, Inc. | 8816508 | 508977007 |
|  | Cognizant Technology <br> Solutions Corp., <br> Class A<br>| 2028989 | 149272721 |
|  | Corning, Inc. | 3143204 | 139495394 |
| # | Entegris, Inc. | 166797 | 13196979 |
| \* | F5, Inc. | 86022 | 22773464 |
| #\* | First Solar, Inc. | 386611 | 48643396 |
| \* | Flex Ltd. | 964578 | 33123609 |

---

------

**The U.S. Large Cap Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| #\* | GLOBALFOUNDRIES, <br> Inc.<br>| 246437 | $8642546 |
|  | Hewlett Packard <br> Enterprise Co.<br>| 4704375 | 76304962 |
|  | HP, Inc. | 610886 | 15620355 |
|  | Intel Corp. | 2811270 | 56506527 |
| \* | Keysight Technologies, <br> Inc.<br>| 225755 | 32824777 |
|  | Microchip Technology, <br> Inc.<br>| 12328 | 568074 |
| # | Micron Technology, <br> Inc.<br>| 1911377 | 147080460 |
| # | NXP Semiconductors <br> NV<br>| 213350 | 39322538 |
| \* | Okta, Inc. | 31252 | 3505224 |
| \* | ON Semiconductor <br> Corp.<br>| 1535926 | 60976262 |
| \* | Qorvo, Inc. | 56258 | 4032011 |
|  | Roper Technologies, <br> Inc.<br>| 70703 | 39599336 |
|  | Salesforce, Inc. | 1186660 | 318867409 |
| \* | Sandisk Corp. | 221962 | 7127200 |
| # | Skyworks Solutions, <br> Inc.<br>| 99528 | 6397660 |
|  | TD SYNNEX Corp. | 53561 | 5934559 |
|  | TE Connectivity PLC | 1320143 | 193242532 |
| \* | Teledyne Technologies, <br> Inc.<br>| 63273 | 29487116 |
| \* | Trimble, Inc. | 302052 | 18769511 |
| \* | Twilio, Inc., Class A | 143650 | 13892391 |
| #\* | Western Digital Corp. | 596901 | 26180078 |
| \* | Zebra Technologies <br> Corp., Class A<br>| 21966 | 5498529 |
| \* | Zoom <br> Communications, <br> Inc.<br>| 322219 | 24984861 |
| TOTAL INFORMATION <br> TECHNOLOGY | TOTAL INFORMATION <br> TECHNOLOGY |  | 2358280496 |
| MATERIALS — (7.2%) | MATERIALS — (7.2%) | MATERIALS — (7.2%) | MATERIALS — (7.2%) |
| # | Air Products & <br> Chemicals, Inc.<br>| 440518 | 119420025 |
| # | Albemarle Corp. | 264598 | 15492213 |
| # | Amcor PLC | 4266399 | 39250871 |
|  | Ball Corp. | 628173 | 32627306 |
|  | Celanese Corp. | 48583 | 2162429 |
|  | CF Industries Holdings, <br> Inc.<br>| 414552 | 32488440 |
|  | Corteva, Inc. | 1045885 | 64834411 |
|  | CRH PLC (CRHCF <br> US)<br>| 758019 | 72330173 |
|  | Crown Holdings, Inc. | 16342 | 1574225 |
|  | Dow, Inc. | 2701284 | 82632278 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | DuPont de Nemours, <br> Inc.<br>| 521853 | $34437079 |
|  | Eastman Chemical <br> Co.<br>| 524119 | 40357163 |
|  | Freeport-McMoRan, <br> Inc.<br>| 4581568 | 165073895 |
|  | Huntsman Corp. | 8221 | 109421 |
|  | International Flavors & <br> Fragrances, Inc.<br>| 322806 | 25327359 |
| # | International Paper <br> Co.<br>| 919514 | 42003399 |
|  | Linde PLC | 618728 | 280426091 |
|  | LyondellBasell <br> Industries NV, <br> Class A<br>| 1334667 | 77690966 |
|  | Martin Marietta <br> Materials, Inc.<br>| 203600 | 106682328 |
|  | Newmont Corp. | 2181978 | 114946601 |
|  | Nucor Corp. | 1158907 | 138338729 |
|  | Packaging Corp. of <br> America<br>| 322039 | 59773659 |
|  | PPG Industries, Inc. | 847238 | 92230329 |
|  | Reliance, Inc. | 171510 | 49434327 |
|  | RPM International, <br> Inc.<br>| 6246 | 666760 |
|  | Smurfit WestRock <br> PLC<br>| 798586 | 33556584 |
|  | Steel Dynamics, Inc. | 721001 | 93521040 |
|  | Vulcan Materials Co. | 409686 | 107472928 |
|  | Westlake Corp. | 194800 | 18005364 |
| TOTAL MATERIALS | TOTAL MATERIALS |  | 1942866393 |
| REAL ESTATE — (0.6%) | REAL ESTATE — (0.6%) | REAL ESTATE — (0.6%) | REAL ESTATE — (0.6%) |
| \* | CBRE Group, Inc., <br> Class A<br>| 887407 | 108423387 |
| \* | CoStar Group, Inc. | 261257 | 19377432 |
| \* | Jones Lang LaSalle, <br> Inc.<br>| 42096 | 9573051 |
| \* | Zillow Group, Inc. (Z <br> US), Class C<br>| 194438 | 13091511 |
| \* | Zillow Group, Inc. (ZG <br> US), Class A<br>| 40662 | 2682879 |
| TOTAL REAL ESTATE | TOTAL REAL ESTATE |  | 153148260 |
| TOTAL COMMON <br> STOCKS <br>Cost ($17924580240) | TOTAL COMMON <br> STOCKS <br>Cost ($17924580240) |  | 26020352611 |

---

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

------

**The U.S. Large Cap Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| TEMPORARY CASH INVESTMENTS — (0.9%) | TEMPORARY CASH INVESTMENTS — (0.9%) | TEMPORARY CASH INVESTMENTS — (0.9%) | TEMPORARY CASH INVESTMENTS — (0.9%) |
| Ɏ | State Street <br> Institutional <br> U.S. Government <br> Money Market Fund <br> 4.290%<br>| 238260775 | $238260775 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| SECURITIES LENDING COLLATERAL — (2.9%) | SECURITIES LENDING COLLATERAL — (2.9%) | SECURITIES LENDING COLLATERAL — (2.9%) | SECURITIES LENDING COLLATERAL — (2.9%) |
| @§ | The DFA Short Term <br> Investment Fund <br>| 69210199 | $800415954 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $18,963,292,292) | (Cost $18,963,292,292) |  | $27059029340 |

---

As of April 30, 2025, The U.S. Large Cap Value Series had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 704 | 06/20/25 | &nbsp;&nbsp; $198244632 | &nbsp;&nbsp; $196662400 | &nbsp;&nbsp; $(1582232)<br>|
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$198244632** | &nbsp;&nbsp; **$196662400** | &nbsp;&nbsp; **$(1582232)**<br>|

---

Summary of the Series' investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Communication Services | &nbsp;&nbsp; $1862188956 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $1862188956 |
| Consumer Discretionary | &nbsp;&nbsp; 1095210368 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1095210368 |
| Consumer Staples | &nbsp;&nbsp; 1428772467 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1428772467 |
| Energy | &nbsp;&nbsp; 3125558106 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 3125558106 |
| Financials | &nbsp;&nbsp; 6406591753 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 6406591753 |
| Health Care | &nbsp;&nbsp; 4363850985 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 4363850985 |
| Industrials | &nbsp;&nbsp; 3283884827 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 3283884827 |
| Information Technology | &nbsp;&nbsp; 2358280496 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 2358280496 |
| Materials | &nbsp;&nbsp; 1942866393 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1942866393 |
| Real Estate | &nbsp;&nbsp; 153148260 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 153148260 |
| Temporary Cash Investments | &nbsp;&nbsp; 238260775 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 238260775 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; $800415954 | &nbsp;&nbsp; — | &nbsp;&nbsp; 800415954 |
| Total Investments in Securities | &nbsp;&nbsp; $26258613386 | &nbsp;&nbsp; $800415954 | &nbsp;&nbsp; — | &nbsp;&nbsp; $27059029340 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Liabilities** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; (1582232) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (1582232) |
| Total Financial Instruments | &nbsp;&nbsp; $(1582232) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $(1582232) |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

See accompanying Notes to Financial Statements.

------

**THE DFA INVESTMENT TRUST COMPANY**

**STATEMENT OF ASSETS AND LIABILITIES**

**April 30, 2025**

**(Unaudited)**

**(Amounts in thousands)**

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

---

| | |
|:---|:---|
|  | **The U.S. Large**<br> **Cap Value**<br> **Series\***<br>|
| **ASSETS:** |  |
| Investment Securities at Value (including $783,348 of securities on loan) | $26020353 |
| Temporary Cash Investments at Value & Cost | 238261 |
| Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $800,451) | 800416 |
| Segregated Cash for Futures Contracts | 15416 |
| Receivables: |  |
| Investment Securities Sold | 18699 |
| Dividends and Interest | 26168 |
| Securities Lending Income | 47 |
| Futures Margin Variation | 151 |
| Prepaid Expenses and Other Assets  | 3 |
| Total Assets | 27119514 |
| **LIABILITIES:** |  |
| Payables: |  |
| Upon Return of Securities Loaned | 800494 |
| Investment Securities Purchased | 7984 |
| Due to Advisor | 2132 |
| Accrued Expenses and Other Liabilities | 644 |
| Total Liabilities | 811254 |
| **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |
| **NET ASSETS** | $26308260 |
| Investment Securities at Cost | $17924580 |

---

------

\*

See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

------

**THE DFA INVESTMENT TRUST COMPANY**

**STATEMENT OF OPERATIONS**

**FOR THE SIX MONTHS ENDED April 30, 2025**

**(Unaudited)**

**(Amounts in thousands)**

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

---

| | |
|:---|:---|
|  | **The U.S. Large**<br> **Cap Value**<br> **Series**<br>|
| **Investment Income** |  |
| Dividends (Net of Foreign Taxes Withheld of $2) | $318326 |
| Dividend Income from Affiliates | 7693 |
| Income from Securities Lending, Net | 211 |
| Total Investment Income | 326230 |
| **Expenses** |  |
| Investment Management Fees | 13956 |
| Accounting & Transfer Agent Fees | 355 |
| Custodian Fees | 138 |
| Shareholders' Reports | 19 |
| Directors'/Trustees' Fees & Expenses | 85 |
| Professional Fees | 155 |
| Other | 180 |
| Total Expenses | 14888 |
| Net Expenses | 14888 |
| **Net Investment Income (Loss)** | 311342 |
| **Realized and Unrealized Gain (Loss)** |  |
| Net Realized Gain (Loss) on: |  |
| Investment Securities Sold | (134341)<br>|
| Affiliated Investment Companies Shares Sold | (43)<br>|
| Futures | (3176)<br>|
| In-Kind Redemptions | 1397369 |
| Change in Unrealized Appreciation (Depreciation) of: |  |
| Investment Securities and Foreign Currency | (2681811)<br>|
| Affiliated Investment Companies Shares | (35)<br>|
| Futures | 2780 |
| **Net Realized and Unrealized Gain (Loss)** | (1419257)<br>|
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | $(1107915)<br>|

---

See accompanying Notes to Financial Statements.

------

**THE DFA INVESTMENT TRUST COMPANY**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

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

---

| | | |
|:---|:---|:---|
|  | **The U.S. Large Cap Value**<br> **Series** | **The U.S. Large Cap Value**<br> **Series** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
|  | **(Unaudited)** |  |
| **Increase (Decrease) in Net Assets** |  |  |
| Operations: |  |  |
| Net Investment Income (Loss) | $311342 | $626482 |
| Net Realized Gain (Loss) on: |  |  |
| Investment Securities Sold | (134341)<br>| (240045)<br>|
| Affiliated Investment Companies Shares Sold | (43)<br>| (92)<br>|
| Futures | (3176)<br>| 93061 |
| In-Kind Redemptions | 1397369 | 4160840 |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |
| Investment Securities and Foreign Currency | (2681811)<br>| 2588983 |
| Affiliated Investment Companies Shares | (35)<br>|  |
| Futures | 2780 | (2188)<br>|
| Net Increase (Decrease) in Net Assets Resulting from Operations | (1107915)<br>| 7227041 |
| Transactions in Interest: |  |  |
| Contributions | 2154381 | 5352627 |
| Withdrawals | (3244665)<br>| (8721188)<br>|
| Net Increase (Decrease) from Transactions in Interest | (1090284)<br>| (3368561)<br>|
| Total Increase (Decrease) in Net Assets | (2198199)<br>| 3858480 |
| **Net Assets** |  |  |
| Beginning of Period | 28506459 | 24647979 |
| End of Period | $26308260 | $28506459 |

---

See accompanying Notes to Financial Statements.

------

**THE DFA INVESTMENT TRUST COMPANY**

**FINANCIAL HIGHLIGHTS**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **The U.S. Large Cap Value Series** | **The U.S. Large Cap Value Series** | **The U.S. Large Cap Value Series** | **The U.S. Large Cap Value Series** | **The U.S. Large Cap Value Series** | **The U.S. Large Cap Value Series** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Total Return  | &nbsp;&nbsp; (4.08<br> %)(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 30.38<br> %<br>| &nbsp;&nbsp; (0.78<br> %)<br>| &nbsp;&nbsp; (3.45<br> %)<br>| 48.85<br> %<br>| &nbsp;&nbsp; (11.42<br> %)<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $26308260 | &nbsp;&nbsp;&nbsp; $28506459 | &nbsp;&nbsp; $24647979 | &nbsp;&nbsp; $27045981 | &nbsp;&nbsp; $29820643 | &nbsp;&nbsp; $22154405 |
| Ratio of Expenses to Average Net Assets  | 0.11<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.11<br> %<br>| 0.11<br> %<br>| 0.11<br> %<br>| 0.11<br> %<br>| 0.11<br> %<br>|
| Ratio of Expenses to Average Net Assets <br> (Excluding Fees Waived, Expenses <br> Reimbursed) <br>| 0.11<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.11<br> %<br>| 0.11<br> %<br>| 0.11<br> %<br>| 0.11<br> %<br>| 0.11<br> %<br>|
| Ratio of Net Investment Income to Average <br> Net Assets <br>| 2.23<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 2.25<br> %<br>| 2.38<br> %<br>| 2.20<br> %<br>| 1.92<br> %<br>| 2.53<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; 4<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 9<br> %<br>| &nbsp;&nbsp; 13<br> %<br>| &nbsp;&nbsp; 10<br> %<br>| &nbsp;&nbsp; 10<br> %<br>| &nbsp;&nbsp; 4<br> %<br>|

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**THE DFA INVESTMENT TRUST COMPANY**

**NOTES TO FINANCIAL STATEMENTS**

**(Unaudited)**

**A. Organization:** 

The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940 (the "1940 Act"). The Trust consists of ten operational portfolios, one of which, The U.S. Large Cap Value Series (the "Series"), is included in this section of the report. The remaining operational portfolios are presented in separate reports. The Series is an investment company, and accordingly, follows the accounting and reporting guidance under the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC"), Topic 946, "Financial Services-Investment Companies."

**B. Significant Accounting Policies:**

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America ("GAAP"). Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates, and those differences could be material.

1. Security Valuation: The Series uses a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 1 – inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

Securities held by the Series, including over-the-counter securities, are valued at the last quoted sale price of the day. Securities held by the Series that are listed on Nasdaq are valued at the Nasdaq Official Closing Price ("NOCP"). If there is no last reported sale price or NOCP for the day, the Series values the securities at the mean between the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange. These securities are generally categorized as Level 1 in the hierarchy. The investment in The DFA Short Term Investment Fund (the "Short Term Series"), which is an open-end management investment company available for purchase only by the Series and affiliated funds, is categorized as Level 2 in the hierarchy.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Trustees of the Trust (the "Board"). Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP (the "Advisor")) occur before the net asset value of the Series is calculated. When fair value pricing is used, the prices of securities used by the Series may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

------

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded. These valuations are generally categorized as Level 1 in the hierarchy.

OTC derivative contracts, which include forward currency contracts, do not require material subjectivity as pricing inputs are observed from quoted markets and are categorized as Level 2 in the hierarchy.

A summary of the inputs used to value the Series' investments by each major security type, industry and/or country is disclosed previously in this note. Valuation hierarchy tables have been included at the end of the Schedule of Investments. The methodology or inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

2. Deferred Compensation Plan: Each eligible Trustee of the Trust may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (the "Plan"). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds, each of which are affiliates of the Series, and advised by the Advisor: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company Portfolio, U.S. Vector Equity Portfolio, U.S. Micro Cap Portfolio, DFA International Value Portfolio, International Core Equity 2 Portfolio, Emerging Markets Portfolio, Emerging Markets Core Equity 2 Portfolio, DFA Inflation-Protected Securities Portfolio, and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors'/Trustees' Fees & Expenses.

The Trustees may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Trustee shall have the right in a notice of election (the "Notice") to defer the receipt of the Trustee's deferred compensation until a date specified by such Trustee in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Trustee ceases to be a member of the Board; and (ii) five years following the effective date of the Trustee's first deferral election. If a Trustee who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Trustee's deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Trustee ceases to be a member of the Board (unless the Trustee files an amended Notice selecting a different distribution date).

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities and foreign currency are accounted for on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. Distributions received on securities and that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimates the character of received distributions that may be considered return of capital distributions. Interest income is recorded on an accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities, using the effective interest method. Expenses directly attributable to the Series are directly charged. Common expenses of the Trust or Series are allocated using methods approved by the Board, generally based on average net assets.

**C. Investment Advisor:**

The Advisor provides investment management services to the Series. For the six months ended April 30, 2025, investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rate of average daily net assets:

---

| | |
|:---|:---|
| The U.S. Large Cap Value Series | 0.10<br> %<br>|

---

------

**Fees Paid to Officers and Directors/Trustees:**

Certain Officers and Trustees of the Advisor are also Officers and Trustees of the Trust; however, such Officers and Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Trust. For the six months ended April 30, 2025, the total related amounts paid by the Trust to the CCO were $19 (in thousands). The total related amounts paid by the Series are included in Other Expenses on the Statement of Operations.

**D. Deferred Compensation:** 

As of April 30, 2025, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities as follows (amount in thousands):

---

| | |
|:---|:---|
| The U.S. Large Cap Value Series | &nbsp;&nbsp; $237 |

---

**E. Purchases and Sales of Securities:** 

For the six months ended April 30, 2025, the Series' transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. Government securities (amounts in thousands), were as follows:

---

| | | |
|:---|:---|:---|
|  | **Purchases**  | **Sales** |
| The U.S. Large Cap Value Series | &nbsp;&nbsp; $2447556 | &nbsp;&nbsp; $1011531 |

---

There were no purchases or sales of long-term U.S. government securities.

For the six months ended April 30, 2025, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

The amounts presented below may differ from the respective amounts presented in the Schedule of Investments, Statement of Assets and Liabilities or Statement of Operations due to rounding. The amounts are as follows (amounts in thousands):

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at**<br> **October 31, 2024**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Net Realized**<br> **Gain/(Loss)**<br> **on Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation/**<br> **Depreciation**<br>| **Balance at**<br> **April 30, 2025**<br>| **Shares as of**<br> **April 30, 2025**<br>| **Dividend**<br> **Income**<br>| **Capital Gain**<br> **Distributions**<br>|
| **The U.S. Large Cap Value** <br> **Series**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term Investment <br> Fund<br>| $232926 | $3231564 | $2663996 | $(43)<br>| $(35)<br>| $800416 | 69210 | $7693 |  |
| **Total** | **$232926** | **$3231564** | **$2663996** | **$(43)**<br>| **$(35)**<br>| **$800416** |  | **$7693** | **—** |

---

**F. Federal Income Taxes:** 

No provision for federal income taxes is required since the Series is treated as a partnership for federal income tax purposes. Any net investment income and realized and unrealized gains and losses have been deemed to have been "passed down" to its partners.

------

As of April 30, 2025, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Federal**<br> **Tax Cost**<br>| **Unrealized**<br> **Appreciation**<br>| **Unrealized**<br> **(Depreciation)**<br>| **Net**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| The U.S. Large Cap Value Series | &nbsp;&nbsp; $18941688 | &nbsp;&nbsp; $8892264 | &nbsp;&nbsp; $(798430)<br>| &nbsp;&nbsp; $8093834 |

---

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts and differences in the tax treatment of other investments.

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Under GAAP, the Series recognizes the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained, assuming examination by tax authorities. Management has analyzed the Series' tax positions and has concluded that no additional provision for income tax is required in the Series' financial statements. The Series is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Series' federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

**G. Financial Instruments:**

In accordance with the Series' investment objectives and policies, the Series may invest in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit and market risk. The Series' derivative contracts are not accounted for as hedging instruments under GAAP. These instruments and their significant corresponding risks are described below:

**Derivative Financial Instruments:**

Summarized below are the specific types of derivative instruments used by the Series.

1. Futures Contracts: The Series may purchase or sell futures contracts and options on futures contracts for equity securities and indices to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Series. Upon entering into a futures contract, the Series deposits cash or pledges U.S. Government securities to a broker in an amount equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series records a realized gain or loss, which is presented in the Statement of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

Risks may arise upon entrance into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities, from the possibility of an illiquid secondary market for these instruments and from the possibility that the Series could lose more than the initial margin requirements. When the Series enters into stock index futures, it is subject to equity price risk from those futures contracts.

Securities have been segregated as collateral for open futures contracts.

------

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the six months ended April 30, 2025 was as follows (amount in thousands):

---

| | |
|:---|:---|
|  | **Futures\*** |
| The U.S. Large Cap Value Series | &nbsp;&nbsp; $205260 |

---

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

\* Average Notional Value of futures contracts.

The following is a summary of the Series' derivative instrument holdings categorized by primary risk exposure as of April 30, 2025 (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Liability Derivatives Value**  | **Liability Derivatives Value**  |
|  | **Total Value**<br> **at**<br> **April 30, 2025** <br>| **Equity**<br> **Contracts** <sup>\*,(1)</sup> <br>|
| The U.S. Large Cap Value Series | &nbsp;&nbsp; $(1582)<br>| &nbsp;&nbsp; $(1582)<br>|

---

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

(1) Presented on Statement of Assets and Liabilities as Payables: Futures Margin Variation. <br> \* Includes cumulative appreciation (depreciation) of futures contracts. Only current day's margin variation is reported within the Statement of Assets and Liabilities.

The following is a summary of the realized and change in unrealized gains and losses from the Series' derivative instrument holdings categorized by primary risk exposure for the six months ended April 30, 2025 (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Realized Gain (Loss) on**<br> **Derivatives**  | **Realized Gain (Loss) on**<br> **Derivatives**  |
|  | **Total**  | **Equity**<br> **Contracts** <sup>(1)</sup> <br>|
| The U.S. Large Cap Value Series | &nbsp;&nbsp; $(3176)<br>| &nbsp;&nbsp; $(3176)<br>|

---

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

---

| | | |
|:---|:---|:---|
|  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  |
|  | **Total**  | **Equity**<br> **Contracts** <sup>(2)</sup> <br>|
| The U.S. Large Cap Value Series | &nbsp;&nbsp; $2780 | &nbsp;&nbsp; $2780 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(1) Presented
 on Statement of Operations as Net Realized Gain (Loss) on: Futures.

&nbsp;&nbsp;&nbsp;&nbsp;(2) Presented
 on Statement of Operations as Change in Unrealized Appreciation (Depreciation) of: Futures.

**H. Line of Credit and Interfund Lending Program:**

The Trust, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 2, 2025, with its domestic custodian bank. A line of credit with similar terms was in effect through April 2, 2025. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 1, 2026.

------

The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 26, 2024. A line of credit with similar terms was in effect through December 26, 2024. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio's net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The line of credit agreement expires on December 25, 2025.

There were no borrowings by the Series under the lines of credit during the six months ended April 30, 2025.

Pursuant to an exemptive order issued by the SEC (the "Order"), the Series may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objectives and limitations. Interfund loans have a maximum duration of seven days and may be called on one business day's notice.

The Series did not use the interfund lending program during the six months ended April 30, 2025.

**I. Affiliated Trades:**

Cross trades for the six months ended April 30, 2025, if any, were executed by the Series pursuant to procedures adopted by the Board to ensure compliance with Rule 17a-7 under the 1940 Act. Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of a common investment advisor (or affiliated investment advisors), common Trustees and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Series complied with the Rule 17a-7 Procedures adopted by the Board.

For the six months ended April 30, 2025, cross trades by the Series under Rule 17a-7 were as follows (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
| **Series** | **Purchases** | **Sales** | **Realized Gain (Loss)** |
| The U.S. Large Cap Value Series | &nbsp;&nbsp; $314397 | &nbsp;&nbsp; $283224 | &nbsp;&nbsp; $(71145)<br>|

---

**J. Securities Lending:** 

As of April 30, 2025, the Series had securities on loan to brokers/dealers, for which the Series received cash collateral. The contractual maturity of cash collateral received under the securities lending agreement is classified as overnight and continuous.

The Series invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are expected at all times to be secured by collateral in an amount (i) equal to at least 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) generally equal to 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) generally equal to 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Series' collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. In the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. If the borrower fails to return loaned securities, cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities, and such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay

------

the amount of the shortfall to the Series or, at the option of the lending agent, to replace the securities. In the event of the bankruptcy of the borrower, the Series could experience delay in recovering the loaned securities or only recover cash or a security of equivalent value.

Subject to its stated investment policies, the Series will generally invest the cash collateral received for the loaned securities in the Short Term Series, an affiliated registered ultrashort term bond fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Short Term Series. Income received from the Short Term Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. The Series also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, the Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or, other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible for taxation at qualified dividend income rates.

**K. Indemnitees; Contractual Obligations:**

Under the Trust's organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust.

In the normal course of business, the Trust enters into contracts that contain a variety of representations and warranties that provide general indemnification. The Trust's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Trust and/or its affiliates that have not yet occurred. However, based on experience, the Trust expects the risk of loss to be remote.

**L. In-Kind Redemptions:**

During the six months ended April 30, 2025, the Series realized net gains (losses) on in-kind redemptions as follows (amount in thousands):

---

| | |
|:---|:---|
| The U.S. Large Cap Value Series  | &nbsp;&nbsp; $1397369 |

---

**M. Segment Reporting:**

In this reporting period, the Series adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The adoption of the new standard only impacted financial statement disclosures and did not affect the Series financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that (i) engages in business activities from which it may recognize revenues and incur expenses, (ii) has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and (iii) has discrete financial information available. The Trust's Co-Chief Executive Officers and the Chief Financial Officer act as the Series CODM. The Series represents a single operating segment, as the CODM monitors the operating results of the Series as a whole. The Series long-term strategic asset allocation is executed by its Series management team and guided by the Series investment objective and principal investment strategies, as described in the Series' registration statement. The financial information provided to and reviewed by the CODM is consistent with that presented in the Series Schedule of Investments, Statement of Operations, Statement of Changes in Net Assets, and Financial Highlights.

**N. New Accounting Pronouncement:**

In December 2023, the FASB issued Accounting Standards Update 2023-09, Income Taxes (Topic 740) – Improvements to Income Tax Disclosures ("ASU 2023-09"). Effective for annual periods beginning after December 15, 2024, the amendments require greater disaggregation of disclosures related to income taxes paid. The

------

ASU 2023-09 allows for early adoption and requires that amendments be applied on a prospective basis. Management is currently evaluating the impact of the ASU 2023-09 but does not expect the guidance to materially impact the financial statements.

**O. Other:**

The Series and the Trust are subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy). Although management currently believes that resolving claims, if any, against the Series and the Trust, individually or in aggregate, will not have a material adverse impact on the Series' and the Trust's financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management's view of these matters may change in the future.

**P. ReFlow Redemption Service:**

The Series may participate in the ReFlow liquidity program, which is designed to provide an alternative liquidity source for mutual funds experiencing net redemptions of their shares. Pursuant to the program, ReFlow Fund, LLC("ReFlow") provides participating mutual funds with a source of cash to meet net shareholder redemptions by standing ready each business day to purchase fund shares up to the value of the net shares redeemed by other shareholders that are expected to settle that business day. A fund is not guaranteed to receive cash from ReFlow on any given day as the allocation of ReFlow's cash is based on the results of ReFlow's automated daily auction process among participating mutual funds. Following purchases of fund shares, ReFlow then generally redeems those shares when the fund experiences net shareholder purchases at the end of the maximum holding period, currently 8 days,determined by ReFlow, or at other times at ReFlow's discretion. While ReFlow holds fund shares, it will have the same rights and privileges with respect to those shares as any other shareholder.

For use of the ReFlow program, a fund pays a fee to ReFlow each time it purchases fund shares, calculated by applying to the purchase amount a fee rate determined through the auction process. The current minimum fee rate(which is subject to change) is 0.14% of the value of the fund shares purchased by ReFlow, although the fund may submit a bid at a higher fee rate if it determines that doing so is in the best interest of fund shareholders. ReFlow's purchases of fund shares through the liquidity program are made on an investment-blind basis without regard to the fund's objective, policies, or anticipated performance. In accordance with federal securities laws, ReFlow is prohibited from acquiring more than 3% of the outstanding voting securities of a fund. ReFlow will periodically redeem its entire share position in the Series and may request that such redemption be met in kind in accordance with redemption in-kind policies described in the Series' registration statement. If the Series is part of a "master-feeder" structure, then the "feeder" portfolio does not generally buy individual securities directly. Instead, the feeder portfolio invests in a corresponding "master" portfolio, such as the Series, that in turn purchases stocks and other securities. Under a master-feeder structure, ReFlow redemptions and subscriptions take place at the feeder level, where the capital commitments are pooled, and securities are redeemed at the master level, where the securities are held. As a result, realized gains or losses will be reflected in the Series' financial statements. Purchases and redemptions of the feeder portfolio's shares by ReFlow under the program are not considered excessive short-term trading under the Series' Policy Regarding Excessive Short-Term Trading.

**Q. Subsequent Event Evaluations:** 

Management has evaluated the impact of all subsequent events on the Series through the date on which the financial statements were issued and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

------

**Item 8 – Changes in and Disagreements with Accountants for Open-End Management Investment Companies**

Not applicable

------

**Item 9 – Proxy Disclosures for Open-End Management Investment Companies**

Not applicable

------

**Item 10 – Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies**

Remuneration paid to directors, officers, and others is included in the "Fees Paid to Officers and Directors/Trustees" section of the Notes to Financial Statements above.

------

**Item 11 – Statement Regarding Basis for Approval of Investment Management Agreements**

At the Board meeting held on December 18-19, 2024 (the "Meeting"), the Boards of Directors of DFA Investment Dimensions Group Inc. and Dimensional Investment Group Inc., and the Board of Trustees of The DFA Investment Trust Company (together, the "Board") considered the continuation of the investment management agreements ("Management Agreements) for each portfolio/series (collectively, the "Funds").

Prior to the Meeting, independent counsel to the Independent Board Members sent to the Advisor a request for information, which identified the information that the Independent Board Members wished to receive in order to consider the continuation of the Management Agreements. At a Board meeting held on November 1, 2024, the Board discussed the materials provided by the Advisor, the independent reports prepared by Broadridge Financial Solutions (the "Broadridge Reports"), and issues related to the continuation of the Management Agreements. Also in advance of the Meeting, the Independent Board Members met with their independent counsel to discuss the materials and management provided additional materials to address and respond to questions that the Independent Board Members posed after their review and analysis of materials provided by the Advisor and the Broadridge Reports.

At the Meeting, the Board considered a number of factors when considering the continuation of each Management Agreement for a Fund, including: (i) the nature, extent and quality of services provided by the Advisor to each Fund; (ii) the performance of each Fund and the Advisor; (iii) the fees and expenses borne by each Fund; (iv) the profitability realized by the Advisor from the relationship with each Fund; and (v) whether economies of scale are realized by the Advisor with respect to each Fund as it grows larger, and the extent to which this is reflected in the level of the management fee charged.

When considering the nature and quality of the services provided by the Advisor to a Fund, the Board reviewed: (a) the scope and depth of the Advisor's organization; (b) the experience and expertise of its investment professionals currently providing management services to the Fund; and (c) the Advisor's investment global advisory capabilities. The Board evaluated the Advisor's portfolio management process and discussed the unique features of the Advisor's investment approach. The Board also considered the nature and character of non-investment advisory services provided by the Advisor, including administrative services. After analyzing the caliber of services provided by the Advisor to each Fund, both quantitatively and qualitatively, including the impact of these services on investment performance, the Board concluded that the nature, extent and quality of services provided to each Fund were consistent with the operational requirements of the Fund and met the needs of the shareholders of the Fund.

In considering the performance of each Fund, the Board analyzed the Broadridge Reports, which compared the performance of each Fund with other funds in its respective peer group and investment category. The Board also reviewed the performance analysis prepared by the Advisor, which presented the performance of each Fund and its benchmark index, over multiple performance periods, along with the Advisor's explanation of the performance. The Board noted that the Advisor reported that each Fund had performed in accordance with relevant markets and the Advisor's expectations. The Board concluded that the Advisor's explanations provided a sound basis for understanding the comparative performance of the Funds. The Board determined, among other things, that after considering each Fund's investment strategies and the expectations of its shareholder base, the performance of each Fund was reasonable as compared with relevant performance standards and appropriate market indexes.

When considering the fees and expenses borne by each Fund, and considering the reasonableness of the management fees paid to the Advisor in light of the services provided to the Fund and any additional benefits received by the Advisor in connection with providing such services, the Board compared the fees charged by the Advisor to the Fund to the fees charged to the funds in its peer group for comparable services as provided in the Broadridge Reports. The Board also considered the change in management fee and fee waiver arrangements for certain Funds. The Board concluded that the effective management fees and total expenses of each Fund over various periods were favorable in relation to those of its peer funds, and that the management fees were fair, both on an absolute basis and in comparison with the fees of other funds identified in the peer groups and the industry at large.

------

**Item 11 – Statement Regarding Basis for Approval of Investment Management Agreements**

**CONTINUED**

The Board considered the profitability of each Fund to the Advisor by reviewing the profitability analysis provided by the Advisor, including information about its fee revenues and income. The Board reviewed the overall profitability of the Advisor, and the compensation that it received for providing services to each Fund. The Board considered the profitability to the Advisor of managing and servicing the Funds and the Advisor's unregistered clients, such as collective trusts, group trusts and separate accounts. Upon closely examining the Advisor's profitability, the Board concluded, among other things, that it was reasonable and similar to the profitability reported in previous years.

The Board also discussed whether economies of scale are realized by the Advisor with respect to each Fund as it grows larger, and the extent to which this is reflected in the level of management fees charged. For several reasons, the Board concluded that economies of scale and the reflection of such economies of scale in the level of management fees charged were not particularly meaningful to each Fund at the present time, due to the current level of fees and expenses and the profitability of the Fund.

After full consideration of the factors discussed above, with no single factor identified as being of paramount importance, the Board, including the Independent Board Members, with the assistance of independent counsel, concluded that the continuation of the Management Agreement for each Fund was in the best interests of the Fund and its shareholders.

------

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

------

DFA-043025-001SD

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##### [**Table of Contents**](#toc)
Semi-Annual Financial Statements & Other Information

**Six Months Ended: April 30, 2025 (Unaudited)** 

DFA INVESTMENT DIMENSIONS GROUP INC. / DIMENSIONAL INVESTMENT GROUP INC. / THE DFA INVESTMENT TRUST COMPANY / DIMENSIONAL EMERGING MARKETS VALUE FUND

**DFA Investment Dimensions Group Inc.** 

---

| | | |
|:---|:---|:---|
| **Large Cap International Portfolio**<br>**International Core Equity 2 Portfolio (formerly,**<br> **International Core Equity Portfolio)**<br>**Global Small Company Portfolio**<br>**International Small Company Portfolio**<br>**Japanese Small Company Portfolio**<br>**Asia Pacific Small Company Portfolio**<br>**United Kingdom Small Company Portfolio**<br>**Continental Small Company Portfolio**<br>**DFA International Real Estate Securities Portfolio** | **DFA Global Real Estate Securities Portfolio**<br>**DFA International Small Cap Value Portfolio**<br>**International Vector Equity Portfolio**<br>**International High Relative Profitability Portfolio**<br>**World ex U.S. Value Portfolio**<br>**World ex U.S. Core Equity Portfolio**<br>**World ex U.S. Targeted Value Portfolio**<br>**World Core Equity Portfolio**<br>**Selectively Hedged Global Equity Portfolio** | **Emerging Markets Portfolio**<br>**Emerging Markets Small Cap Portfolio**<br>**Emerging Markets Value Portfolio**<br>**Emerging Markets Core Equity 2**<br> **Portfolio (formerly, Emerging Markets**<br> **Core Equity Portfolio)**<br>**Emerging Markets Targeted Value Portfolio**<br>**Emerging Markets ex China Core Equity Portfolio**<br>|

---

**Dimensional Investment Group Inc.** 

**DFA International Value Portfolio** 

**The DFA Investment Trust Company** 

---

| | |
|:---|:---|
| **The DFA International Value Series**<br>**The Japanese Small Company Series**<br>**The Asia Pacific Small Company Series**<br>**The United Kingdom Small Company Series** | **The Continental Small Company Series**<br>**The Canadian Small Company Series**<br>**The Emerging Markets Series**<br>**The Emerging Markets Small Cap Series** |

---

**Dimensional Emerging Markets Value Fund** 

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##### [**Table of Contents**](#toc)

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##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**SEMI-ANNUAL FINANCIAL STATEMENTS AND OTHER INFORMATION** 

**(Unaudited)** 

**Table of Contents** 

---

| | |
|:---|:---|
|  | **Page** |
|  **Item 7 – Financial Statements and Financial Highlights for Open-End Management Investment Companies** |  |
|  **[Definitions of Abbreviations and Footnotes](#fin911082_1)** | 1 |
|  **DFA Investment Dimensions Group Inc** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Schedules of Investments |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Large Cap International Portfolio](#fin911082_2) | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [International Core Equity 2 Portfolio](#fin911082_3) | 23 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Global Small Company Portfolio](#fin911082_4) | 97 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [International Small Company Portfolio](#fin911082_5) | 98 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Japanese Small Company Portfolio](#fin911082_6) | 99 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Asia Pacific Small Company Portfolio](#fin911082_7) | 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [United Kingdom Small Company Portfolio](#fin911082_8) | 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Continental Small Company Portfolio](#fin911082_9) | 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [DFA International Real Estate Securities Portfolio](#fin911082_10) | 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [DFA Global Real Estate Securities Portfolio](#fin911082_11) | 111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [DFA International Small Cap Value Portfolio](#fin911082_12) | 115 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [International Vector Equity Portfolio](#fin911082_13) | 144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [International High Relative Profitability Portfolio](#fin911082_14) | 206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [World ex U.S. Value Portfolio](#fin911082_15) | 214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [World ex U.S. Core Equity Portfolio](#fin911082_16) | 215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [World ex U.S. Targeted Value Portfolio](#fin911082_17) | 404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [World Core Equity Portfolio](#fin911082_18) | 494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Selectively Hedged Global Equity Portfolio](#fin911082_19) | 495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Emerging Markets Portfolio](#fin911082_20) | 497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Emerging Markets Small Cap Portfolio](#fin911082_21) | 498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Emerging Markets Value Portfolio](#fin911082_22) | 499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Emerging Markets Core Equity 2 Portfolio](#fin911082_23) | 500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Emerging Markets Targeted Value Portfolio](#fin911082_24) | 645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Emerging Markets ex China Core Equity Portfolio](#fin911082_25) | 705 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Statements of Assets and Liabilities](#fin911082_26) | 779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Statements of Operations](#fin911082_27) | 785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Statements of Changes in Net Assets](#fin911082_28) | 791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Financial Highlights](#fin911082_29) | 799 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Notes to Financial Statements](#fin911082_30) | 823 |
|  **Dimensional Investment Group Inc** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Schedule of Investments |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [DFA International Value Portfolio](#fin911082_31) | 852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Statement of Assets and Liabilities](#fin911082_32) | 853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Statement of Operations](#fin911082_33) | 854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Statements of Changes in Net Assets](#fin911082_34) | 855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Financial Highlights](#fin911082_35) | 856 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Notes to Financial Statements](#fin911082_36) | 857 |
|  **The DFA Investment Trust Company** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Schedules of Investments |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [The DFA International Value Series](#fin911082_37) | 864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [The Japanese Small Company Series](#fin911082_38) | 874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [The Asia Pacific Small Company Series](#fin911082_39) | 897 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [The United Kingdom Small Company Series](#fin911082_40) | 909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [The Continental Small Company Series](#fin911082_41) | 914 |

---

i

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##### [**Table of Contents**](#toc)
**TABLE OF CONTENTS** 

**CONTINUED** 

---

| | |
|:---|:---|
|  | **Page** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [The Canadian Small Company Series](#fin911082_42) | 930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [The Emerging Markets Series](#fin911082_43) | 936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [The Emerging Markets Small Cap Series](#fin911082_44) | 985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Statements of Assets and Liabilities](#fin911082_45) | 1071 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Statements of Operations](#fin911082_46) | 1073 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Statements of Changes in Net Assets](#fin911082_47) | 1075 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Financial Highlights](#fin911082_48) | 1078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Notes to Financial Statements](#fin911082_49) | 1086 |
|  **Dimensional Emerging Markets Value Fund** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Schedule of Investments |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Dimensional Emerging Markets Value Fund](#fin911082_51) | 1098 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Statement of Assets and Liabilities](#fin911082_52) | 1167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Statement of Operations](#fin911082_53) | 1168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Statements of Changes in Net Assets](#fin911082_54) | 1169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Financial Highlights](#fin911082_55) | 1170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Notes to Financial Statements](#fin911082_56) | 1171 |
|  **[Item 8 – Changes in and Disagreements with Accountants for Open-End Management Investment Companies](#fin911082_57)** | 1179 |
|  **[Item 9 – Proxy Disclosures for Open-End Management Investment Companies](#fin911082_58)** | 1180 |
|  **[Item 10 – Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies](#fin911082_59)** | 1181 |
|  **[Item 11 – Statement Regarding Basis for Approval of Investment Management Agreements](#fin911082_60)** | 1182 |

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**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**DIMENSIONAL INVESTMENT GROUP INC.** 

**THE DFA INVESTMENT TRUST COMPANY** 

**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES** 

---

| | |
|:---|:---|
| <u>**Schedules of Investments**</u> | <u>**Schedules of Investments**</u> |
| Investment Abbreviations |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ADR | American Depositary Receipt |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CPI | Consumer Price Index |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GDR | Global Depositary Receipt |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GO | General Obligation |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;REIT | Real Estate Investment Trust |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AUD | Australian Dollars |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CAD | Canadian Dollars |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHF | Swiss Franc |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DKK | Danish Krone |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EUR | Euro |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GBP | British Pounds |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HKD | Hong Kong Dollar |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ILS | Israeli New Shekel |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPY | Japanese Yen |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NOK | Norwegian Krone |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NZD | New Zealand Dollars |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SEK | Swedish Krona |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SGD | Singapore Dollars |
| Investment Footnotes |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;» | Securities that have been fair value factored. See Note B to Financial Statements. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;# | Total or Partial Securities on Loan. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\* | Non-Income Producing Securities. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;W | Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional<br> investors. This security has been deemed liquid based upon the Fund's Liquidity<br> Guidelines. The liquidity determination is unaudited. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;†† | Security valued using significant unobservable inputs (Level 3). |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;† | See Note B to Financial Statements. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;@ | Security purchased with cash collateral received from Securities on Loan. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;§ | Affiliated Fund. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;![LOGO](g911082dsp7a.jpg)  | Represents 7 Day subsidized yield as of April 30, 2025 |
|  **<u>Financial Highlights</u>** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) | Computed using average shares outstanding. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) | Non-Annualized |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) | Annualized |

---

------

##### [**Table of Contents**](#toc)
**DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES** 

**<sup>CONTINUED</sup>** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(D) Represents the combined ratios for the respective Portfolio and its respective pro-rata share of its Master Fund(s) and/or Underlying Fund(s).

---

| | |
|:---|:---|
|  **All Statements, Schedules and Notes to Financial Statements** | **All Statements, Schedules and Notes to Financial Statements** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | Amounts designated as — are either zero, rounded to zero, or less than $500. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SEC | Securities and Exchange Commission |

---

------

##### [**Table of Contents**](#toc)
**LARGE CAP INTERNATIONAL PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COMMON STOCKS — (95.1%) | COMMON STOCKS — (95.1%) | COMMON STOCKS — (95.1%) | COMMON STOCKS — (95.1%) |
|  AUSTRALIA — (5.8%) | AUSTRALIA — (5.8%) | AUSTRALIA — (5.8%) | AUSTRALIA — (5.8%) |
|  | AGL Energy Ltd. | 306099 | $2086067 |
|  | ALS Ltd. | 243765 | 2674703 |
|  # | Ampol Ltd. | 108230 | 1643387 |
|  | Ansell Ltd. | 1372 | 26616 |
|  | ANZ Group Holdings Ltd. | 668376 | 12780857 |
|  | APA Group | 500287 | 2632497 |
|  | Aristocrat Leisure Ltd . | 158366 | 6763661 |
|  | ASX Ltd. | 41528 | 1880468 |
|  | Atlas Arteria Ltd. | 365025 | 1209093 |
|  # | Aurizon Holdings Ltd. | 1039716 | 2035466 |
|  | Bendigo & Adelaide Bank Ltd. | 291242 | 2083495 |
|  | BHP Group Ltd. (BHP AU) | 1212466 | 28897492 |
|  # | BHP Group Ltd. (BHP LN), Class DI | 242396 | 5764610 |
|  # | BHP Group Ltd. (BHP US), Sponsored ADR | 300265 | 14277601 |
|  | BlueScope Steel Ltd. | 232410 | 3559698 |
|  | Brambles Ltd. | 571987 | 7516857 |
|  | CAR Group Ltd. | 73718 | 1573459 |
|  | Challenger Ltd. | 16787 | 76065 |
|  | Cleanaway Waste Management Ltd. | 1014244 | 1687911 |
|  | Cochlear Ltd. | 22578 | 3954098 |
|  | Coles Group Ltd. | 502968 | 6830208 |
|  | Commonwealth Bank of Australia | 389227 | 41487352 |
|  | Computershare Ltd. | 179161 | 4681728 |
|  | CSL Ltd. | 80700 | 12953394 |
|  | Dyno Nobel Ltd. | 162373 | 235701 |
|  | Endeavour Group Ltd. | 703876 | 1800450 |
|  | Evolution Mining Ltd. | 1217835 | 6107468 |
|  | Fortescue Ltd. | 638579 | 6595044 |
|  | Hafnia Ltd. | 151063 | 696339 |
|  | Harvey Norman Holdings Ltd. | 414306 | 1385170 |
|  | HUB24 Ltd. | 37812 | 1746869 |
|  | Insurance Australia Group Ltd. | 1347639 | 7078433 |
|  | JB Hi-Fi Ltd. | 79749 | 5284785 |
|  | Lottery Corp. Ltd. | 827246 | 2756820 |
|  \* | Lynas Rare Earths Ltd. | 298029 | 1629251 |
|  | Macquarie Group Ltd. | 70544 | 8717529 |
|  | Medibank Pvt Ltd. | 873230 | 2597619 |
|  | Myer Holdings Ltd. | 60476 | 27899 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | National Australia Bank Ltd. | 761920 | $17593269 |
|  | Netwealth Group Ltd. | 75388 | 1354499 |
|  \* | NEXTDC Ltd. | 202074 | 1534213 |
|  | Northern Star Resources Ltd. | 470690 | 5781803 |
|  | Orica Ltd. | 258059 | 2678613 |
|  | Origin Energy Ltd. | 639687 | 4360110 |
|  #\* | Pilbara Minerals Ltd. | 379134 | 365272 |
|  | Pinnacle Investment Management Group Ltd. | 5717 | 65932 |
|  | Premier Investments Ltd. | 8397 | 111850 |
|  | Pro Medicus Ltd. | 23723 | 3478511 |
|  | Qantas Airways Ltd. | 311858 | 1763219 |
|  | QBE Insurance Group Ltd. | 609659 | 8425439 |
|  | Qube Holdings Ltd. | 798076 | 2020495 |
|  # | Ramsay Health Care Ltd. | 61930 | 1318530 |
|  | REA Group Ltd. | 15885 | 2523805 |
|  # | Reece Ltd. | 79223 | 798907 |
|  | Rio Tinto Ltd. | 131698 | 9853278 |
|  \* | Sandfire Resources Ltd. | 12973 | 82624 |
|  | Santos Ltd. | 2230872 | 8576282 |
|  | SEEK Ltd. | 117034 | 1593300 |
|  | SGH Ltd. | 107212 | 3506318 |
|  # | Sigma Healthcare Ltd. | 542932 | 1047680 |
|  | Sonic Healthcare Ltd. | 199908 | 3337856 |
|  | South32 Ltd. (S32 AU)  | 2534898 | 4368377 |
|  | Steadfast Group Ltd. | 394176 | 1481259 |
|  | Suncorp Group Ltd. | 411418 | 5350115 |
|  | Technology One Ltd. | 173263 | 3344352 |
|  #\* | Telix Pharmaceuticals Ltd. | 70294 | 1221980 |
|  | Telstra Group Ltd. (TLS AU) | 1417464 | 4090937 |
|  | TPG Telecom Ltd. | 160955 | 521182 |
|  | Transurban Group | 991946 | 8938795 |
|  # | Treasury Wine Estates Ltd. | 295168 | 1687177 |
|  | Wesfarmers Ltd. | 328349 | 16449053 |
|  | Westpac Banking Corp. | 748445 | 15706238 |
|  | Whitehaven Coal Ltd. | 5978 | 19122 |
|  | WiseTech Global Ltd. | 48021 | 2730615 |

---

------

##### [**Table of Contents**](#toc)
**LARGE CAP INTERNATIONAL PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Woodside Energy Group Ltd. (WDS AU) | 656980 | $| 8563821 |
|  | Woodside Energy Group Ltd. (WDS LN) | 43801 |  | 581897 |
|  # | Woodside Energy Group Ltd. (WDS US), ADR | 68532 |  | 887489 |
|  | Woolworths Group Ltd. | 355661 |  | 7178175 |
|  | Worley Ltd. | 174527 |  | 1390471 |
|  # | Yancoal Australia Ltd. | 297444 |  | 948449 |
|  TOTAL AUSTRALIA | TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 383367469 |
|  AUSTRIA — (0.2%) | AUSTRIA — (0.2%) | AUSTRIA — (0.2%) | AUSTRIA — (0.2%) | AUSTRIA — (0.2%) |
|  | Erste Group Bank AG | 129852 |  | 8793786 |
|  | OMV AG | 82151 |  | 4247503 |
|  | Verbund AG | 21683 |  | 1666360 |
|  TOTAL AUSTRIA | TOTAL AUSTRIA | TOTAL AUSTRIA |  | 14707649 |
|  BELGIUM — (0.9%) | BELGIUM — (0.9%) | BELGIUM — (0.9%) | BELGIUM — (0.9%) | BELGIUM — (0.9%) |
|  | Ageas SA | 100830 |  | 6323653 |
|  | Anheuser-Busch InBev SA (ABI BB) | 316755 |  | 20876990 |
|  | D'ieteren Group | 6808 |  | 1359563 |
|  | KBC Group NV | 175179 |  | 16153038 |
|  | Lotus Bakeries NV | 52 |  | 499984 |
|  | Syensqo SA | 76668 |  | 5484276 |
|  | UCB SA | 40527 |  | 7430183 |
|  TOTAL BELGIUM | TOTAL BELGIUM | TOTAL BELGIUM |  | 58127687 |
|  CANADA — (10.1%) | CANADA — (10.1%) | CANADA — (10.1%) | CANADA — (10.1%) | CANADA — (10.1%) |
|  | Agnico Eagle Mines Ltd. (AEM CN) | 19867 |  | 2335070 |
|  | Agnico Eagle Mines Ltd. (AEM US) | 182318 |  | 21436950 |
|  | Alamos Gold, Inc. (AGI US), Class A | 175419 |  | 5002950 |
|  | Alimentation Couche-Tard, Inc. | 260232 |  | 13583559 |
|  | AltaGas Ltd. | 156204 |  | 4622895 |
|  | ARC Resources Ltd. | 324158 |  | 5998300 |
|  | AtkinsRealis Group, Inc. | 90231 |  | 4468352 |
|  | Bank of Montreal (BMO CN) | 11607 |  | 1112120 |
|  | Bank of Montreal (BMO US) | 157744 |  | 15061397 |
|  | Bank of Nova Scotia (BNS CN) | 153045 |  | 7657801 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Bank of Nova Scotia (BNS US) | 194153 | $9703767 |
|  | Barrick Gold Corp. (0R22 LI) | 141262 | 2681619 |
|  | Barrick Gold Corp. (GOLD US) | 569896 | 10850820 |
|  | BCE, Inc. (BCE US) | 17800 | 396050 |
|  \* | Bombardier, Inc. (BBD/A CN), Class A | 600 | 39888 |
|  \* | Bombardier, Inc. (BBD/B CN), Class B | 5800 | 383357 |
|  | Brookfield Corp. (BN CN) | 92109 | 4948229 |
|  | Brookfield Corp. (BN US) | 47233 | 2534995 |
|  | Brookfield Infrastructure Corp., Class A | 2519 | 94330 |
|  | Brookfield Renewable Corp. | 70000 | 1992200 |
|  \* | CAE, Inc. (CAE CN) | 27144 | 679092 |
|  \* | CAE, Inc. (CAE US) | 70300 | 1758906 |
|  # | Cameco Corp. (CCJ US) | 60357 | 2725119 |
|  | Canadian Imperial Bank of Commerce (CM CN) | 160785 | 10140908 |
|  | Canadian Imperial Bank of Commerce (CM US) | 109835 | 6914113 |
|  | Canadian National Railway Co. (CNI US) | 58609 | 5674523 |
|  | Canadian National Railway Co. (CNR CN) | 78308 | 7583709 |
|  | Canadian Natural Resources Ltd. (CNQ CN) | 20072 | 575982 |
|  | Canadian Natural Resources Ltd. (CNQ US) | 788913 | 22633914 |
|  | Canadian Pacific Kansas City Ltd. (CP CN) | 61565 | 4471568 |
|  # | Canadian Pacific Kansas City Ltd. (CP US) | 107315 | 7777118 |
|  # | Canadian Tire Corp. Ltd., Class A | 3056 | 334462 |

---

------

##### [**Table of Contents**](#toc)
**LARGE CAP INTERNATIONAL PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Canadian Utilities Ltd., Class A | 61090 | $1710041 |
|  | Capital Power Corp. | 10977 | 416753 |
|  | CCL Industries, Inc., Class B | 74386 | 3887108 |
|  \* | Celestica, Inc. (CLS US) | 66238 | 5653413 |
|  | Cenovus Energy, Inc. (CVE CN) | 69958 | 823602 |
|  | Cenovus Energy, Inc. (CVE US) | 514815 | 6059373 |
|  # | CGI, Inc. (GIB US) | 82960 | 8798738 |
|  | CGI, Inc. (GIBA CN) | 199 | 21101 |
|  | Colliers International Group, Inc. (CIGI US) | 17103 | 2041585 |
|  | Constellation Software, Inc. | 5232 | 18855656 |
|  \* | Descartes Systems Group, Inc. (DSG CN) | 15836 | 1667685 |
|  #\* | Descartes Systems Group, Inc. (DSGX US) | 7933 | 836059 |
|  | Dollarama, Inc. | 102886 | 12694696 |
|  | Element Fleet Management Corp. | 268036 | 5869728 |
|  # | Emera, Inc. | 133662 | 6016050 |
|  | Empire Co. Ltd., Class A | 71442 | 2653293 |
|  # | Enbridge, Inc. (ENB CN) | 34288 | 1603451 |
|  | Enbridge, Inc. (ENB US) | 486747 | 22726217 |
|  | Fairfax Financial Holdings Ltd. | 6467 | 10096420 |
|  \* | First Quantum Minerals Ltd. | 157443 | 2113931 |
|  | FirstService Corp. (FSV CN) | 16965 | 2977551 |
|  # | Fortis, Inc. (FTS CN) | 146619 | 7260757 |
|  # | Fortis, Inc. (FTS US) | 27287 | 1350979 |
|  | Franco-Nevada Corp. (FNV US) | 46016 | 7904628 |
|  | George Weston Ltd. | 22248 | 4334697 |
|  | GFL Environmental, Inc. | 66142 | 3300486 |
|  | Gildan Activewear, Inc. (GIL US) | 93696 | 4321260 |
|  | Great-West Lifeco, Inc. | 45469 | 1768166 |
|  W | Hydro One Ltd. | 115325 | 4436993 |
|  | iA Financial Corp., Inc. | 71974 | 6991700 |
|  | IGM Financial, Inc. | 39490 | 1254938 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Imperial Oil Ltd. (IMO US) | 70428 | $4745439 |
|  | Intact Financial Corp. | 45388 | 10080113 |
|  \* | Ivanhoe Mines Ltd., Class A | 134750 | 1196388 |
|  | Keyera Corp. | 126300 | 3920192 |
|  | Kinross Gold Corp. (K CN) | 729955 | 10775123 |
|  | Kinross Gold Corp. (KGC US) | 375679 | 5545022 |
|  | Loblaw Cos. Ltd. | 39191 | 6362250 |
|  | Lundin Gold, Inc. | 822 | 33528 |
|  | Lundin Mining Corp. | 441451 | 3612046 |
|  # | Magna International, Inc. (MGA US) | 138531 | 4815338 |
|  | Manulife Financial Corp. (MFC CN) | 90400 | 2770492 |
|  | Manulife Financial Corp. (MFC US) | 190396 | 5829926 |
|  # | MEG Energy Corp. | 15013 | 210613 |
|  | Metro, Inc. | 87618 | 6752184 |
|  | National Bank of Canada | 193699 | 17012241 |
|  | Nutrien Ltd. (NTR CN) | 12443 | 710332 |
|  | Nutrien Ltd. (NTR US) | 204402 | 11661112 |
|  | Onex Corp. | 3759 | 266151 |
|  # | Open Text Corp. (OTEX US) | 88610 | 2401331 |
|  | Pan American Silver Corp. (PAAS US) | 173732 | 4374572 |
|  | Pembina Pipeline Corp. (PBA US) | 192253 | 7344065 |
|  | Quebecor, Inc., Class B | 2607 | 71519 |
|  | RB Global, Inc. (RBA CN) | 15049 | 1516580 |
|  | RB Global, Inc. (RBA US) | 50180 | 5053126 |
|  | Restaurant Brands International, Inc. (QSR CN) | 58971 | 3799792 |
|  # | Restaurant Brands International, Inc. (QSR US) | 41074 | 2645166 |
|  | Rogers Communications, Inc. (RCI US), Class B | 63944 | 1668299 |
|  # | Rogers Communications, Inc. (RCIB CN), Class B | 80132 | 2089035 |

---

------

##### [**Table of Contents**](#toc)
**LARGE CAP INTERNATIONAL PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Royal Bank of Canada (RY CN) | 290111 | $| 34821317 |
|  | Royal Bank of Canada (RY US) | 215072 |  | 25782831 |
|  | Saputo, Inc. | 106878 |  | 2085462 |
|  \* | Shopify, Inc. (SHOP CN), Class A | 9260 |  | 880728 |
|  \* | Shopify, Inc. (SHOP US), Class A | 52496 |  | 4987120 |
|  | South Bow Corp. | 2 |  | 49 |
|  | Stantec, Inc. (STN CN) | 43878 |  | 3851181 |
|  | Stantec, Inc. (STN US) | 2600 |  | 228280 |
|  | Sun Life Financial, Inc. (SLF CN) | 82713 |  | 4928821 |
|  | Sun Life Financial, Inc. (SLF US) | 118355 |  | 7048040 |
|  | Suncor Energy, Inc. (SU US) | 561710 |  | 19822746 |
|  | TC Energy Corp. (TRP US) | 195287 |  | 9844418 |
|  | Teck Resources Ltd. (TECK US), Class B | 201224 |  | 6839604 |
|  | TELUS Corp. | 81584 |  | 1255776 |
|  | TFI International, Inc. (TFII US) | 34897 |  | 2838173 |
|  | Thomson Reuters Corp. (TRI US) | 26806 |  | 4985380 |
|  | TMX Group Ltd. | 107305 |  | 4348709 |
|  | Toromont Industries Ltd. | 41116 |  | 3478725 |
|  # | Toronto-Dominion Bank (TD CN) | 98263 |  | 6278825 |
|  | Toronto-Dominion Bank (TD US) | 269229 |  | 17171426 |
|  | Tourmaline Oil Corp. | 198086 |  | 8750499 |
|  | Waste Connections, Inc. (WCN CN) | 22131 |  | 4370853 |
|  | Waste Connections, Inc. (WCN US) | 25556 |  | 5050596 |
|  | West Fraser Timber Co. Ltd. (WFG CN) | 40174 |  | 2974438 |
|  # | Wheaton Precious Metals Corp. (WPM US) | 25699 |  | 2146380 |
|  | WSP Global, Inc. | 39837 |  | 7061199 |
|  TOTAL CANADA | TOTAL CANADA | TOTAL CANADA |  | 665714669 |
|  DENMARK — (2.2%) | DENMARK — (2.2%) | DENMARK — (2.2%) | DENMARK — (2.2%) | DENMARK — (2.2%) |
|  | AP Moller - Maersk AS (MAERSKA DC), Class A | 971 |  | 1659498 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) |
|  # | AP Moller - Maersk AS (MAERSKB DC), Class B | 1472 | $| 2534614 |
|  \* | Cadeler AS (CADLR NO) | 32799 |  | 171506 |
|  \* | Cadeler AS (CDLR US), ADR | 8063 |  | 168275 |
|  | Carlsberg AS, Class B | 49267 |  | 6712808 |
|  # | Coloplast AS, Class B | 44703 |  | 5058728 |
|  | Danske Bank AS | 264432 |  | 9278272 |
|  \* | Demant AS | 4070 |  | 148217 |
|  | DSV AS | 71219 |  | 15095558 |
|  \* | Genmab AS (GMAB DC) | 20347 |  | 4314350 |
|  \* | Genmab AS (GMAB US), Sponsored ADR | 1009 |  | 21340 |
|  | H Lundbeck AS (HLUNB DC) | 2027 |  | 9700 |
|  | Novo Nordisk AS (NOVOB DC), Class B | 923030 |  | 61715181 |
|  | Novonesis Novozymes B, Class B | 195607 |  | 12706108 |
|  #\*W | Orsted AS | 65306 |  | 2598719 |
|  | Pandora AS | 59977 |  | 8928348 |
|  | Rockwool AS, Class A | 430 |  | 19607 |
|  | Rockwool AS, Class B | 48290 |  | 2204446 |
|  | Tryg AS | 201083 |  | 4795897 |
|  # | Vestas Wind Systems AS | 299204 |  | 3989047 |
|  \* | Zealand Pharma AS | 11608 |  | 820989 |
|  TOTAL DENMARK | TOTAL DENMARK | TOTAL DENMARK |  | 142951208 |
|  FINLAND — (0.9%) | FINLAND — (0.9%) | FINLAND — (0.9%) | FINLAND — (0.9%) | FINLAND — (0.9%) |
|  | Elisa OYJ | 4344 |  | 231744 |
|  | Fortum OYJ | 211567 |  | 3547249 |
|  | Kesko OYJ (KESKOA FH), Class A | 45169 |  | 1010074 |
|  | Kone OYJ, Class B | 101404 |  | 6280133 |
|  # | Metso OYJ | 262533 |  | 2852606 |
|  # | Nokia OYJ (NOK US), Sponsored ADR | 224074 |  | 1118129 |
|  | Nokia OYJ (NOKIA FH) | 1564193 |  | 7819672 |
|  | Nokia OYJ (NOKIA FP) | 268823 |  | 1343216 |
|  | Nordea Bank Abp (NDA FH) | 816647 |  | 11309702 |
|  | Nordea Bank Abp (NDA SS) | 598154 |  | 8208321 |
|  | Sampo OYJ, Class A | 724237 |  | 7255844 |

---

------

##### [**Table of Contents**](#toc)
**LARGE CAP INTERNATIONAL PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) |
|  | Stora Enso OYJ, Class R | 5613 | $| 52136 |
|  | UPM-Kymmene OYJ | 157021 |  | 4158874 |
|  | Wartsila OYJ Abp | 286987 |  | 5302467 |
|  TOTAL FINLAND | TOTAL FINLAND | TOTAL FINLAND |  | 60490167 |
|  FRANCE — (8.0%) | FRANCE — (8.0%) | FRANCE — (8.0%) | FRANCE — (8.0%) | FRANCE — (8.0%) |
|  | Accor SA | 63770 |  | 3142100 |
|  | Aeroports de Paris SA | 14111 |  | 1764534 |
|  | Air Liquide SA | 110773 |  | 22761434 |
|  \* | Alstom SA | 112775 |  | 2723422 |
|  W | Amundi SA | 28160 |  | 2224392 |
|  | AXA SA | 360152 |  | 17033711 |
|  | BioMerieux | 19678 |  | 2656143 |
|  | BNP Paribas SA | 230011 |  | 19488712 |
|  | Bollore SE | 356077 |  | 2202486 |
|  | Bouygues SA | 126311 |  | 5552038 |
|  | Bureau Veritas SA | 168692 |  | 5354799 |
|  \* | Canal & SA | 340073 |  | 772732 |
|  | Capgemini SE | 56464 |  | 9014612 |
|  | Carrefour SA | 124372 |  | 1918278 |
|  | Cie de Saint-Gobain SA | 167824 |  | 18245488 |
|  | Cie Generale des Etablissements Michelin SCA | 390422 |  | 14276068 |
|  | Credit Agricole SA | 260750 |  | 4890780 |
|  | Danone SA | 150202 |  | 12924344 |
|  | Dassault Aviation SA | 8931 |  | 3220220 |
|  | Dassault Systemes SE | 70721 |  | 2650350 |
|  | Edenred SE | 4858 |  | 151506 |
|  | Eiffage SA | 5665 |  | 770852 |
|  | Engie SA | 792687 |  | 16383519 |
|  | EssilorLuxottica SA | 54473 |  | 15696558 |
|  | Getlink SE | 98388 |  | 1868212 |
|  | Hermes International SCA | 9337 |  | 25678430 |
|  | Ipsen SA | 14276 |  | 1660343 |
|  | Kering SA | 22325 |  | 4542080 |
|  | Legrand SA | 91595 |  | 10066273 |
|  | L'Oreal SA | 48037 |  | 21225900 |
|  \* | Louis Hachette Group | 59389 |  | 93638 |
|  | LVMH Moet Hennessy Louis Vuitton SE | 85031 |  | 47101164 |
|  | Orange SA (ORA FP) | 1251477 |  | 18156482 |
|  | Pernod Ricard SA | 40186 |  | 4355979 |
|  | Publicis Groupe SA (PUB FP) | 104028 |  | 10584536 |
|  | Renault SA | 82943 |  | 4405201 |
|  | Rexel SA | 14352 |  | 398751 |
|  | Safran SA | 106656 |  | 28383257 |
|  | Sanofi SA (SAN FP) | 216767 |  | 23712539 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  | Sartorius Stedim Biotech | 4152 | $| 979834 |
|  | Schneider Electric SE (0NWV LI) | 935 |  | 217248 |
|  | Schneider Electric SE (SU FP) | 100339 |  | 23443781 |
|  | Societe Generale SA | 324830 |  | 16936302 |
|  | Sodexo SA | 16069 |  | 1020009 |
|  | Sodexo, Inc. | 16625 |  | 1052800 |
|  | Thales SA | 22965 |  | 6433009 |
|  | TotalEnergies SE (TTE FP) | 937065 |  | 53370724 |
|  # | TotalEnergies SE (TTE US), Sponsored ADR | 18895 |  | 1074181 |
|  # | Veolia Environnement SA (VEOEY US), ADR | 34172 |  | 627053 |
|  | Veolia Environnement SA (VIE FP) | 229655 |  | 8387934 |
|  | Vinci SA | 170302 |  | 23921865 |
|  | Vivendi SE | 340072 |  | 1060503 |
|  TOTAL FRANCE | TOTAL FRANCE | TOTAL FRANCE |  | 526577106 |
|  GERMANY — (8.3%) | GERMANY — (8.3%) | GERMANY — (8.3%) | GERMANY — (8.3%) | GERMANY — (8.3%) |
|  | adidas AG | 58588 |  | 13480603 |
|  | Allianz SE (ALIZY US), ADR | 69394 |  | 2866666 |
|  | Allianz SE (ALV GR) | 73809 |  | 30525683 |
|  | BASF SE | 436229 |  | 22277980 |
|  | Bayer AG | 486282 |  | 12744082 |
|  | Bayerische Motoren Werke AG | 130059 |  | 11031276 |
|  | Beiersdorf AG | 18394 |  | 2591677 |
|  | Brenntag SE | 7160 |  | 478172 |
|  | Commerzbank AG | 484764 |  | 12830508 |
|  | Continental AG | 57566 |  | 4500202 |
|  \* | Covestro AG | 101939 |  | 6861448 |
|  | CTS Eventim AG & Co. KGaA | 26376 |  | 3125213 |
|  | Daimler Truck Holding AG | 260984 |  | 10485418 |
|  | Deutsche Bank AG (DB US) | 721568 |  | 18912297 |
|  | Deutsche Bank AG (DBK GR) | 18657 |  | 489193 |
|  | Deutsche Boerse AG | 76165 |  | 24532278 |
|  | Deutsche Lufthansa AG | 346934 |  | 2492944 |
|  | Deutsche Post AG | 429180 |  | 18338002 |
|  | Deutsche Telekom AG (DTE GR) | 1452446 |  | 52168279 |
|  | Deutsche Wohnen SE | 17516 |  | 445131 |

---

------

##### [**Table of Contents**](#toc)
**LARGE CAP INTERNATIONAL PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  W | DWS Group GmbH & Co. KGaA | 17389 | $| 915416 |
|  | E.ON SE | 818280 |  | 14311382 |
|  | Evonik Industries AG | 102621 |  | 2306186 |
|  | Fresenius Medical Care AG (FME GR) | 97884 |  | 4979905 |
|  \* | Fresenius SE & Co. KGaA | 186413 |  | 8854042 |
|  | GEA Group AG | 55041 |  | 3590858 |
|  | Hannover Rueck SE | 20891 |  | 6706002 |
|  W | Hapag-Lloyd AG | 11070 |  | 1742976 |
|  | Heidelberg Materials AG | 77789 |  | 15551069 |
|  | Hella GmbH & Co. KGaA | 3662 |  | 368082 |
|  | Henkel AG & Co. KGaA | 41920 |  | 2958719 |
|  | HOCHTIEF AG | 8769 |  | 1659053 |
|  | Infineon Technologies AG (IFX GR) | 567555 |  | 18799150 |
|  | Knorr-Bremse AG | 33897 |  | 3361794 |
|  | Mercedes-Benz Group AG | 273739 |  | 16366529 |
|  | Merck KGaA | 17732 |  | 2468651 |
|  | MTU Aero Engines AG | 16491 |  | 5707626 |
|  | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | 46347 |  | 31729596 |
|  | Nemetschek SE | 37203 |  | 4943712 |
|  | Qiagen NV | 28295 |  | 1214286 |
|  | Rational AG | 362 |  | 310608 |
|  | Rheinmetall AG | 17893 |  | 30472714 |
|  | RWE AG | 241954 |  | 9396077 |
|  | SAP SE (SAP GR) | 121405 |  | 35521733 |
|  | Siemens AG (SIE GR) | 140940 |  | 32453045 |
|  \* | Siemens Energy AG | 178818 |  | 13801828 |
|  W | Siemens Healthineers AG | 58295 |  | 3142529 |
|  | Symrise AG | 45654 |  | 5265342 |
|  \* | Talanx AG | 39645 |  | 4549982 |
|  | Volkswagen AG | 11232 |  | 1253888 |
|  | Vonovia SE | 251595 |  | 8345430 |
|  \*W | Zalando SE | 15291 |  | 558371 |
|  TOTAL GERMANY | TOTAL GERMANY | TOTAL GERMANY |  | 544783633 |
|  HONG KONG — (1.5%) | HONG KONG — (1.5%) | HONG KONG — (1.5%) | HONG KONG — (1.5%) | HONG KONG — (1.5%) |
|  | AIA Group Ltd. | 3249000 |  | 24344470 |
|  | BOC Hong Kong Holdings Ltd. | 1008000 |  | 4181567 |
|  W | Budweiser Brewing Co. APAC Ltd. | 477900 |  | 504962 |
|  | Cathay Pacific Airways Ltd. | 1108000 |  | 1273165 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | CK Asset Holdings Ltd. | 718486 | $| 2935276 |
|  | CK Hutchison Holdings Ltd. | 829962 |  | 4680220 |
|  | CK Infrastructure Holdings Ltd. | 197000 |  | 1327711 |
|  | CLP Holdings Ltd. | 374400 |  | 3192374 |
|  W | ESR Group Ltd. | 132400 |  | 210839 |
|  | Galaxy Entertainment Group Ltd. | 722000 |  | 2607573 |
|  | Hang Seng Bank Ltd. | 184300 |  | 2572604 |
|  | Henderson Land Development Co. Ltd. | 572571 |  | 1623777 |
|  | HK Electric Investments & HK Electric Investments Ltd. | 903500 |  | 629190 |
|  | HKT Trust & HKT Ltd. | 2862000 |  | 4072567 |
|  | Hong Kong & China Gas Co. Ltd. | 1846661 |  | 1661577 |
|  | Hong Kong Exchanges & Clearing Ltd. | 349451 |  | 15267404 |
|  | MTR Corp. Ltd. | 278314 |  | 960831 |
|  | PCCW Ltd. | 599000 |  | 399326 |
|  | Power Assets Holdings Ltd. | 277707 |  | 1836531 |
|  \* | Sands China Ltd. | 692800 |  | 1240769 |
|  \* | Shandong Hi-Speed Holdings Group Ltd. | 123000 |  | 100591 |
|  | Sino Land Co. Ltd. | 1739584 |  | 1787771 |
|  | SITC International Holdings Co. Ltd. | 595000 |  | 1647533 |
|  | Sun Hung Kai Properties Ltd. | 274108 |  | 2600301 |
|  | Swire Pacific Ltd. (19 HK), Class A | 195000 |  | 1686294 |
|  | Swire Pacific Ltd. (87 HK), Class B | 262500 |  | 361295 |
|  | Swire Properties Ltd. | 339000 |  | 749180 |
|  | Techtronic Industries Co. Ltd. | 426000 |  | 4287256 |
|  W | WH Group Ltd. | 5480735 |  | 4900913 |
|  | Wharf Real Estate Investment Co. Ltd. | 633609 |  | 1515307 |
|  # | Xinyi Glass Holdings Ltd. | 219000 |  | 205046 |
|  TOTAL HONG KONG | TOTAL HONG KONG | TOTAL HONG KONG |  | 95364220 |
|  IRELAND — (0.6%) | IRELAND — (0.6%) | IRELAND — (0.6%) | IRELAND — (0.6%) | IRELAND — (0.6%) |
|  | AIB Group PLC | 891345 |  | 5990784 |
|  | Bank of Ireland Group PLC | 702580 |  | 8249312 |

---

------

##### [**Table of Contents**](#toc)
**LARGE CAP INTERNATIONAL PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  IRELAND — (Continued) | IRELAND — (Continued) | IRELAND — (Continued) | IRELAND — (Continued) | IRELAND — (Continued) |
|  | DCC PLC | 54003 | $| 3529520 |
|  \* | Flutter Entertainment PLC | 35144 |  | 8530080 |
|  \* | James Hardie Industries PLC (JHX AU), CDI | 157942 |  | 3707245 |
|  | Kerry Group PLC (KYGA ID), Class A | 29556 |  | 3128849 |
|  | Kerry Group PLC (KYGA LN), Class A | 18318 |  | 1996640 |
|  | Kingspan Group PLC (KSP ID) | 66776 |  | 5634854 |
|  | Smurfit WestRock PLC | 28573 |  | 1200638 |
|  TOTAL IRELAND | TOTAL IRELAND | TOTAL IRELAND |  | 41967922 |
|  ISRAEL — (0.8%) | ISRAEL — (0.8%) | ISRAEL — (0.8%) | ISRAEL — (0.8%) | ISRAEL — (0.8%) |
|  \* | Airport City Ltd. | 27194 |  | 404205 |
|  | Alony Hetz Properties & Investments Ltd. | 49249 |  | 411354 |
|  | Amot Investments Ltd. | 66234 |  | 350480 |
|  # | Ashtrom Group Ltd. | 20618 |  | 324235 |
|  | Aura Investments Ltd. | 9074 |  | 47580 |
|  | Azrieli Group Ltd. | 9244 |  | 673004 |
|  | Bank Hapoalim BM | 406787 |  | 5966992 |
|  | Bank Leumi Le-Israel BM | 544991 |  | 7739433 |
|  | Bezeq The Israeli Telecommunication Corp. Ltd. | 747201 |  | 1136221 |
|  \* | Big Shopping Centers Ltd. | 3720 |  | 543162 |
|  # | Camtek Ltd. | 4738 |  | 314625 |
|  | Clal Insurance Enterprises Holdings Ltd. | 34262 |  | 940085 |
|  | Delek Group Ltd. | 6339 |  | 1011290 |
|  | Delta Galil Ltd. | 4759 |  | 224402 |
|  \* | El Al Israel Airlines | 37233 |  | 113803 |
|  | Elbit Systems Ltd. (ESLT IT) | 1836 |  | 705905 |
|  | Elbit Systems Ltd. (ESLT US) | 2 |  | 795 |
|  | Electra Ltd. | 961 |  | 508357 |
|  | Energix-Renewable Energies Ltd. | 93195 |  | 276007 |
|  \* | Enlight Renewable Energy Ltd. (ENLT IT) | 17327 |  | 280642 |
|  \* | Enlight Renewable Energy Ltd. (ENLT US) | 5349 |  | 87242 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  \* | Fattal Holdings 1998 Ltd. | 3434 | $448465 |
|  | First International Bank of Israel Ltd. | 30269 | 1662506 |
|  | Formula Systems 1985 Ltd. (FORTY IT) | 4348 | 383889 |
|  | Gav-Yam Lands Corp. Ltd. | 14388 | 127923 |
|  | Harel Insurance Investments & Financial Services Ltd. | 76379 | 1269568 |
|  | Hilan Ltd. | 7611 | 485928 |
|  | ICL Group Ltd. | 146860 | 980353 |
|  | Israel Discount Bank Ltd., Class A | 621182 | 4639908 |
|  | Matrix IT Ltd. | 21993 | 538323 |
|  | Melisron Ltd. | 8604 | 732005 |
|  | Menora Mivtachim Holdings Ltd. | 11343 | 600804 |
|  | Migdal Insurance & Financial Holdings Ltd. | 235484 | 452882 |
|  | Mivne Real Estate KD Ltd. | 218369 | 637152 |
|  | Mizrahi Tefahot Bank Ltd. | 57619 | 2917682 |
|  | Next Vision Stabilized Systems Ltd. | 25973 | 684179 |
|  #\* | Nice Ltd. (NICE US), Sponsored ADR | 4996 | 778652 |
|  \* | Nova Ltd. (NVMI IT) | 4380 | 845659 |
|  \* | OPC Energy Ltd. | 43681 | 412589 |
|  # | Paz Retail & Energy Ltd. | 1715 | 242150 |
|  | Phoenix Financial Ltd. | 125395 | 2469410 |
|  | Shapir Engineering & Industry Ltd. | 28049 | 195661 |
|  \* | Shikun & Binui Ltd. | 128304 | 420319 |
|  | Shufersal Ltd. | 101896 | 954038 |
|  | Strauss Group Ltd. | 14893 | 337068 |
|  \* | Teva Pharmaceutical Industries Ltd. (TEVA IT) | 35664 | 553029 |
|  \* | Teva Pharmaceutical Industries Ltd. (TEVA US), Sponsored ADR | 271359 | 4208778 |
|  \* | Tower Semiconductor Ltd. (TSEM IT) | 34410 | 1257642 |
|  | YH Dimri Construction & Development Ltd. | 2938 | 247909 |
|  TOTAL ISRAEL | TOTAL ISRAEL | TOTAL ISRAEL | 51544290 |

---

------

##### [**Table of Contents**](#toc)
**LARGE CAP INTERNATIONAL PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ITALY — (2.2%) | ITALY — (2.2%) | ITALY — (2.2%) | ITALY — (2.2%) |
|  | Banca Mediolanum SpA | 99896 | $1493431 |
|  | Banca Monte dei Paschi di Siena SpA | 51166 | 432699 |
|  | Banco BPM SpA | 655081 | 7312353 |
|  # | BPER Banca SpA | 506168 | 4111139 |
|  | Enel SpA | 2454239 | 21275733 |
|  | Eni SpA (ENI IM) | 968032 | 13863707 |
|  | FinecoBank Banca Fineco SpA | 277025 | 5543527 |
|  # | Generali | 131581 | 4808987 |
|  W | Infrastrutture Wireless Italiane SpA | 91240 | 1089601 |
|  | Intesa Sanpaolo SpA | 3246212 | 17329205 |
|  | Leonardo SpA | 132436 | 6885125 |
|  | Mediobanca Banca di Credito Finanziario SpA | 236095 | 4829092 |
|  | Moncler SpA | 88254 | 5447114 |
|  W | Poste Italiane SpA | 154290 | 3131655 |
|  | PRADA SpA | 167500 | 1045845 |
|  | Prysmian SpA | 75797 | 4163697 |
|  | Recordati Industria Chimica e Farmaceutica SpA | 50467 | 2977973 |
|  | Snam SpA | 516930 | 2966909 |
|  \* | Telecom Italia SpA (TIIAY US), Sponsored ADR | 40656 | 158965 |
|  | Terna - Rete Elettrica Nazionale | 480460 | 4777602 |
|  | UniCredit SpA | 494070 | 28745411 |
|  | Unipol Assicurazioni SpA | 5185 | 93002 |
|  TOTAL ITALY | TOTAL ITALY | TOTAL ITALY | 142482772 |
|  JAPAN — (20.9%) | JAPAN — (20.9%) | JAPAN — (20.9%) | JAPAN — (20.9%) |
|  | ABC-Mart, Inc. | 35500 | 660228 |
|  | Acom Co. Ltd. | 211300 | 592084 |
|  | Advantest Corp. | 232400 | 9722672 |
|  | Aeon Co. Ltd. | 221500 | 6550015 |
|  | Aeon Mall Co. Ltd. | 27248 | 522824 |
|  | AGC, Inc. | 105400 | 3290787 |
|  | Air Water, Inc. | 136100 | 1855914 |
|  | Aisin Corp. | 248400 | 3155007 |
|  | Ajinomoto Co., Inc. | 248800 | 5088974 |
|  | Alfresa Holdings Corp. | 87600 | 1322421 |
|  | Amada Co. Ltd. | 164800 | 1650147 |
|  | ANA Holdings, Inc. | 54100 | 1039230 |
|  | Aozora Bank Ltd. | 13000 | 179491 |
|  | Asahi Group Holdings Ltd. | 551800 | 7627139 |
|  | Asahi Intecc Co. Ltd. | 73900 | 1136197 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Asahi Kasei Corp. | 656912 | $4577849 |
|  | Asics Corp. | 249300 | 5358465 |
|  | Astellas Pharma, Inc. | 608275 | 6091354 |
|  | Azbil Corp. | 160300 | 1380390 |
|  | Bandai Namco Holdings, Inc. | 197700 | 6870572 |
|  | BayCurrent, Inc. | 61700 | 3324616 |
|  | BIPROGY, Inc. | 49200 | 1606781 |
|  | Bridgestone Corp. | 225113 | 9413134 |
|  | Brother Industries Ltd. | 148000 | 2600888 |
|  | Calbee, Inc. | 26001 | 523005 |
|  | Canon Marketing Japan, Inc. | 28600 | 1012436 |
|  # | Canon, Inc. (7751 JP) | 205100 | 6329330 |
|  # | Canon, Inc. (CAJ US), Sponsored ADR | 19755 | 606874 |
|  | Capcom Co. Ltd. | 118700 | 3436425 |
|  | Central Japan Railway Co. | 181465 | 3818723 |
|  | Chiba Bank Ltd. | 198137 | 1761731 |
|  | Chubu Electric Power Co., Inc. | 231799 | 3009984 |
|  | Chugai Pharmaceutical Co. Ltd. | 183900 | 10594389 |
|  # | Chugoku Electric Power Co., Inc. | 5408 | 28749 |
|  | Coca-Cola Bottlers Japan Holdings, Inc. | 60722 | 1140772 |
|  | COMSYS Holdings Corp. | 60800 | 1347575 |
|  | Concordia Financial Group Ltd. | 460464 | 2978260 |
|  | Cosmo Energy Holdings Co. Ltd. | 48094 | 1973876 |
|  | Cosmos Pharmaceutical Corp | 15800 | 1016566 |
|  | Credit Saison Co. Ltd.. | 112400 | 2624869 |
|  | CyberAgent, Inc. | 165800 | 1419252 |
|  | Dai Nippon Printing Co. Ltd. | 161200 | 2246923 |
|  | Daicel Corp. | 5700 | 48519 |
|  | Daifuku Co. Ltd. | 86947 | 2300136 |
|  | Dai-ichi Life Holdings, Inc. | 1198600 | 8654427 |
|  | Daiichi Sankyo Co. Ltd. | 217938 | 5574987 |
|  | Daikin Industries Ltd. | 88600 | 10093598 |
|  | Daito Trust Construction Co. Ltd. | 26300 | 2928164 |
|  | Daiwa House Industry Co. Ltd. | 228500 | 8267798 |

---

------

##### [**Table of Contents**](#toc)
**LARGE CAP INTERNATIONAL PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Daiwa Securities Group, Inc. | 513300 | $3375422 |
|  | Denso Corp. | 438100 | 5656716 |
|  | Dentsu Group, Inc. | 81182 | 1702071 |
|  | Dentsu Soken, Inc. | 4400 | 192685 |
|  | Dexerials Corp. | 32700 | 384194 |
|  | Disco Corp. | 28200 | 5456121 |
|  # | DMG Mori Co. Ltd. | 8100 | 140792 |
|  | East Japan Railway Co. | 218100 | 4727726 |
|  | Ebara Corp. | 200000 | 3004356 |
|  | Eisai Co. Ltd. | 66500 | 1922114 |
|  | Electric Power Development Co. Ltd. | 64000 | 1123548 |
|  | ENEOS Holdings, Inc. | 1399470 | 6737368 |
|  | EXEO Group, Inc. | 28300 | 330463 |
|  | FANUC Corp. | 107400 | 2725775 |
|  | Fast Retailing Co. Ltd. | 52500 | 17269601 |
|  | Food & Life Cos. Ltd. | 49400 | 1828057 |
|  | Fuji Electric Co. Ltd. | 57400 | 2552390 |
|  | Fuji Media Holdings, Inc. | 23019 | 476663 |
|  | Fuji Soft, Inc. | 21100 | 1449008 |
|  | FUJIFILM Holdings Corp. | 245000 | 5018181 |
|  | Fujikura Ltd. | 138700 | 5160593 |
|  | Fujitec Co. Ltd. | 1900 | 74439 |
|  | Fujitsu Ltd. | 463640 | 10299973 |
|  | Fukuoka Financial Group, Inc. | 79500 | 2100411 |
|  | Furukawa Electric Co. Ltd. | 8919 | 281676 |
|  | Fuyo General Lease Co. Ltd. | 4200 | 117199 |
|  | GMO Payment Gateway, Inc. | 17502 | 1096208 |
|  | Gunma Bank Ltd. | 118391 | 987352 |
|  | Hachijuni Bank Ltd. | 190571 | 1438428 |
|  | Hakuhodo DY Holdings, Inc. | 135600 | 1019497 |
|  # | Hamamatsu Photonics KK | 131800 | 1218768 |
|  | Hankyu Hanshin Holdings, Inc. | 89948 | 2565513 |
|  | Haseko Corp. | 179500 | 2563729 |
|  | Hikari Tsushin, Inc. | 5600 | 1553314 |
|  | Hirose Electric Co. Ltd. | 14700 | 1662767 |
|  | Hisamitsu Pharmaceutical Co., Inc. | 15608 | 473593 |
|  | Hitachi Construction Machinery Co. Ltd. | 64600 | 1930563 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Hitachi Ltd. (6501 JP) | 1333175 | $32950103 |
|  | Honda Motor Co. Ltd. (7267 JP) | 1288507 | 13110223 |
|  # | Honda Motor Co. Ltd. (HMC US), Sponsored ADR | 13282 | 405234 |
|  | Horiba Ltd. | 4900 | 334924 |
|  | Hoshizaki Corp. | 27700 | 1177696 |
|  | Hoya Corp. | 107200 | 12613804 |
|  | Hulic Co. Ltd. | 183200 | 1915705 |
|  | Ibiden Co. Ltd. | 51358 | 1423706 |
|  | Idemitsu Kosan Co. Ltd. | 545795 | 3382298 |
|  | IHI Corp. | 45100 | 3532780 |
|  | Iida Group Holdings Co. Ltd. | 73650 | 1165791 |
|  | INFRONEER Holdings, Inc. | 15700 | 133910 |
|  | Inpex Corp. | 501917 | 6278727 |
|  | Internet Initiative Japan, Inc. | 49200 | 912334 |
|  | Isetan Mitsukoshi Holdings Ltd. | 137580 | 1768518 |
|  | Isuzu Motors Ltd. | 424293 | 5706076 |
|  | ITOCHU Corp. | 244000 | 12478876 |
|  | Iyogin Holdings, Inc. | 69100 | 801506 |
|  | J Front Retailing Co. Ltd. | 161300 | 1974336 |
|  | Japan Airlines Co. Ltd. | 85800 | 1554474 |
|  | Japan Airport Terminal Co. Ltd. | 13300 | 382547 |
|  | Japan Exchange Group, Inc. | 361100 | 4017513 |
|  | Japan Post Bank Co. Ltd. | 199800 | 2054332 |
|  | Japan Post Holdings Co. Ltd. | 490590 | 4768664 |
|  | Japan Post Insurance Co. Ltd. | 65500 | 1316757 |
|  | Japan Steel Works Ltd. | 14300 | 589234 |
|  | Japan Tobacco, Inc. | 400700 | 12344780 |
|  | JFE Holdings, Inc. | 310596 | 3617207 |
|  | JTEKT Corp. | 45664 | 352666 |
|  | Kadokawa Corp. | 30600 | 822922 |
|  | Kajima Corp. | 166500 | 3975627 |
|  | Kakaku.com, Inc. | 52699 | 932027 |
|  | Kamigumi Co. Ltd. | 12000 | 293754 |
|  | Kandenko Co. Ltd. | 38500 | 763169 |
|  | Kansai Electric Power Co., Inc. | 257800 | 3176208 |
|  # | Kansai Paint Co. Ltd. | 67500 | 1017447 |
|  | Kao Corp. | 102400 | 4384924 |

---

------

##### [**Table of Contents**](#toc)
**LARGE CAP INTERNATIONAL PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Kawasaki Heavy Industries Ltd. | 73100 | $4360536 |
|  # | Kawasaki Kisen Kaisha Ltd. | 171600 | 2353375 |
|  | KDDI Corp. | 1079400 | 19130862 |
|  | Keihan Holdings Co. Ltd. | 23311 | 570930 |
|  | Keikyu Corp. | 50295 | 523403 |
|  | Keio Corp. | 41582 | 1131114 |
|  # | Keisei Electric Railway Co. Ltd. | 152373 | 1578875 |
|  | Kewpie Corp. | 53000 | 1205502 |
|  | Keyence Corp. | 26304 | 10997479 |
|  # | Kikkoman Corp. | 221600 | 2169280 |
|  | Kinden Corp. | 65500 | 1695418 |
|  | Kintetsu Group Holdings Co. Ltd. | 77028 | 1658604 |
|  | Kirin Holdings Co. Ltd. | 257100 | 3889070 |
|  | Kobayashi Pharmaceutical Co. Ltd. | 16400 | 625659 |
|  | Kobe Bussan Co. Ltd. | 55100 | 1683863 |
|  | Kobe Steel Ltd. | 260200 | 3051595 |
|  | Koei Tecmo Holdings Co. Ltd. | 23424 | 401846 |
|  | Koito Manufacturing Co. Ltd. | 98500 | 1193086 |
|  | Komatsu Ltd. | 298500 | 8632490 |
|  | Konami Group Corp. | 35400 | 5055684 |
|  | Kose Corp. | 2430 | 104808 |
|  | Kotobuki Spirits Co. Ltd. | 5800 | 86329 |
|  | Kubota Corp. (6326 JP) | 365245 | 4244289 |
|  | Kuraray Co. Ltd. | 222000 | 2593290 |
|  | Kurita Water Industries Ltd. | 50400 | 1668626 |
|  | Kyocera Corp. | 440060 | 5215471 |
|  | Kyoto Financial Group, Inc. | 111152 | 1907869 |
|  | Kyowa Kirin Co. Ltd. | 91400 | 1427175 |
|  | Kyushu Electric Power Co., Inc. | 186400 | 1661349 |
|  | Kyushu Financial Group, Inc. | 33300 | 168098 |
|  | Kyushu Railway Co. | 65500 | 1695227 |
|  # | Lasertec Corp. | 28500 | 2649654 |
|  | Lion Corp. | 112600 | 1380134 |
|  | Lixil Corp. | 164140 | 1934162 |
|  | LY Corp. | 608800 | 2302494 |
|  #\* | M3, Inc. | 149500 | 1873622 |
|  | Macnica Holdings, Inc. | 2400 | 33368 |
|  | Makita Corp. (6586 JP). | 79100 | 2313204 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Marubeni Corp. | 272100 | $4823967 |
|  | Marui Group Co. Ltd. | 91200 | 1815381 |
|  | Maruwa Co. Ltd. | 3600 | 740255 |
|  | MatsukiyoCocokara & Co. | 120440 | 2210872 |
|  | Mazda Motor Corp. | 345772 | 2067305 |
|  # | McDonald's Holdings Co. Japan Ltd. | 26100 | 1103596 |
|  | Mebuki Financial Group, Inc. | 513249 | 2507799 |
|  | Medipal Holdings Corp. | 89050 | 1509012 |
|  | MEIJI Holdings Co. Ltd. | 104568 | 2570997 |
|  \* | Mercari, Inc. | 8600 | 139365 |
|  | Minebea Mitsumi, Inc. | 165900 | 2431434 |
|  | MISUMI Group, Inc. | 120300 | 1685313 |
|  | Mitsubishi Chemical Group Corp. | 806713 | 3921880 |
|  | Mitsubishi Corp. | 740400 | 14057664 |
|  | Mitsubishi Electric Corp. | 419700 | 8119262 |
|  | Mitsubishi Estate Co. Ltd. | 254253 | 4466202 |
|  | Mitsubishi Gas Chemical Co., Inc. | 87700 | 1336238 |
|  | Mitsubishi HC Capital, Inc. | 613970 | 4343308 |
|  | Mitsubishi Heavy Industries Ltd. | 570900 | 11254061 |
|  | Mitsubishi Logistics Corp. | 71600 | 494139 |
|  | Mitsubishi Motors Corp. | 429799 | 1189861 |
|  | Mitsubishi UFJ Financial Group, Inc. (8306 JP) | 1654272 | 20842374 |
|  # | Mitsubishi UFJ Financial Group, Inc. (MUFG US), Sponsored ADR | 527597 | 6668826 |
|  | Mitsui & Co. Ltd. (8031 JP) | 543510 | 10990381 |
|  | Mitsui & Co. Ltd. (MITSY US), Sponsored ADR | 1616 | 656581 |
|  | Mitsui Chemicals, Inc. | 110600 | 2430403 |
|  | Mitsui Fudosan Co. Ltd. | 532800 | 5280393 |
|  # | Mitsui OSK Lines Ltd. | 117900 | 3926521 |
|  | Miura Co. Ltd. | 19400 | 413228 |

---

------

##### [**Table of Contents**](#toc)
**LARGE CAP INTERNATIONAL PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Mizuho Financial Group, Inc. (8411 JP) | 501612 | $12541610 |
|  | MonotaRO Co. Ltd. | 79687 | 1532610 |
|  | MS&AD Insurance Group Holdings, Inc. | 399985 | 9091578 |
|  | Murata Manufacturing Co. Ltd. | 419700 | 5979281 |
|  | Nagoya Railroad Co. Ltd. | 4428 | 54000 |
|  | NEC Corp. | 272770 | 6639991 |
|  # | Nexon Co. Ltd. | 106800 | 1675657 |
|  | NGK Insulators Ltd. | 134012 | 1653710 |
|  | NH Foods Ltd. | 49000 | 1849912 |
|  | NHK Spring Co. Ltd. | 17800 | 197816 |
|  | Nichias Corp. | 4200 | 141296 |
|  | Nichirei Corp. | 140200 | 1923184 |
|  | NIDEC Corp. (6594 JP) | 174344 | 3098323 |
|  | Nifco, Inc. | 6700 | 166132 |
|  | Nikon Corp. | 147500 | 1418278 |
|  | Nintendo Co. Ltd. | 87700 | 7280853 |
|  | Nippon Electric Glass Co. Ltd. | 6300 | 144149 |
|  | Nippon Express Holdings, Inc. | 162000 | 2892972 |
|  | Nippon Paint Holdings Co. Ltd. | 307800 | 2345057 |
|  | Nippon Sanso Holdings Corp. | 83000 | 2656269 |
|  | Nippon Steel Corp. | 310942 | 6544616 |
|  | Nippon Telegraph & Telephone Corp. | 7319800 | 7651215 |
|  | Nippon Television Holdings, Inc. | 8700 | 201474 |
|  | Nippon Yusen KK | 142800 | 4665690 |
|  | Nissan Chemical Corp. | 58167 | 1701305 |
|  \* | Nissan Motor Co. Ltd. | 915900 | 2180418 |
|  | Nisshin Seifun Group, Inc. | 81370 | 1049811 |
|  | Nissin Foods Holdings Co. Ltd. | 49600 | 1093621 |
|  | Niterra Co. Ltd. | 94800 | 2951773 |
|  | Nitori Holdings Co. Ltd. | 24300 | 2891329 |
|  | Nitto Denko Corp. | 342200 | 6014785 |
|  | NOF Corp. | 101400 | 1526359 |
|  | Nomura Holdings, Inc. (8604 JP) | 619100 | 3450591 |
|  | Nomura Holdings, Inc. (NMR US), Sponsored ADR | 247991 | 1376350 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Nomura Real Estate Holdings, Inc. | 320500 | $1906156 |
|  | Nomura Research Institute Ltd. | 134834 | 5105817 |
|  | NS Solutions Corp. | 33800 | 801898 |
|  | NSK Ltd. | 15400 | 67269 |
|  | NTT Data Group Corp. | 195500 | 3882706 |
|  | Obayashi Corp. | 292800 | 4542843 |
|  | OBIC Business Consultants Co. Ltd. | 9700 | 466294 |
|  | Obic Co. Ltd. | 92500 | 3238563 |
|  | Odakyu Electric Railway Co. Ltd. | 126300 | 1394390 |
|  | Oji Holdings Corp. | 472500 | 2230452 |
|  | Olympus Corp. | 349300 | 4576875 |
|  # | Omron Corp. | 53900 | 1600018 |
|  | Ono Pharmaceutical Co. Ltd. | 142695 | 1642552 |
|  | Open House Group Co. Ltd. | 60100 | 2664948 |
|  | Oracle Corp. Japan | 12652 | 1521041 |
|  | Oriental Land Co. Ltd. | 202700 | 4293084 |
|  | ORIX Corp. (8591 JP) | 343700 | 6894632 |
|  | Osaka Gas Co. Ltd. | 131100 | 3324442 |
|  | Otsuka Corp. | 68100 | 1510394 |
|  | Otsuka Holdings Co. Ltd. | 124900 | 6088971 |
|  | Pan Pacific International Holdings Corp. | 140592 | 4328467 |
|  | Panasonic Holdings Corp. | 685740 | 7862669 |
|  | Persol Holdings Co. Ltd. | 1105565 | 2002479 |
|  \* | Rakuten Bank Ltd. | 34300 | 1442579 |
|  \* | Rakuten Group, Inc. | 435113 | 2565569 |
|  | Recruit Holdings Co. Ltd. | 381000 | 21113211 |
|  | Renesas Electronics Corp. | 573100 | 6725476 |
|  | Resona Holdings, Inc. | 552231 | 4429883 |
|  | Resonac Holdings Corp. | 118700 | 2158911 |
|  | Ricoh Co. Ltd. | 270100 | 2840942 |
|  | Rinnai Corp. | 43500 | 974332 |
|  | Rohm Co. Ltd. | 138248 | 1258746 |
|  | Rohto Pharmaceutical Co. Ltd. | 60052 | 1004501 |
|  | Round One Corp. | 21286 | 132130 |
|  | Ryohin Keikaku Co. Ltd. | 119200 | 4029025 |
|  | Sankyo Co. Ltd. | 133100 | 2025855 |
|  | Sanrio Co. Ltd. | 71400 | 2845019 |

---

------

##### [**Table of Contents**](#toc)
**LARGE CAP INTERNATIONAL PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Santen Pharmaceutical Co. Ltd. | 148192 | $1500945 |
|  | Sanwa Holdings Corp. | 119500 | 3922310 |
|  | Sapporo Holdings Ltd. | 22100 | 1227290 |
|  | SBI Holdings, Inc. | 112450 | 2956813 |
|  # | SBI Sumishin Net Bank Ltd. | 20600 | 601114 |
|  | SCREEN Holdings Co. Ltd. | 34900 | 2320746 |
|  | SCSK Corp. | 55699 | 1456831 |
|  | Secom Co. Ltd. | 114200 | 4199183 |
|  | Sega Sammy Holdings, Inc. | 93448 | 1961331 |
|  | Seibu Holdings, Inc. | 109000 | 2634386 |
|  | Seiko Epson Corp. | 163400 | 2266860 |
|  | Seino Holdings Co. Ltd. | 68100 | 1071777 |
|  | Sekisui Chemical Co. Ltd. | 188700 | 3297328 |
|  | Sekisui House Ltd. | 192960 | 4436188 |
|  | Seven & i Holdings Co. Ltd. | 890228 | 13104708 |
|  | Seven Bank Ltd. | 11201 | 20156 |
|  | SG Holdings Co. Ltd. | 170100 | 1791093 |
|  #\* | Sharp Corp. | 90600 | 537117 |
|  | Shimadzu Corp. | 77300 | 1978681 |
|  | Shimamura Co. Ltd. | 23708 | 1577506 |
|  | Shimano, Inc. | 18300 | 2578201 |
|  | Shimizu Corp. | 237600 | 2538302 |
|  | Shin-Etsu Chemical Co. Ltd. | 442700 | 13472011 |
|  | Shionogi & Co. Ltd. | 256200 | 4304291 |
|  | Shiseido Co. Ltd. | 102191 | 1680146 |
|  # | Shizuoka Financial Group, Inc. | 202870 | 2254401 |
|  | Skylark Holdings Co. Ltd. | 139100 | 2886914 |
|  | SMC Corp. | 7500 | 2427307 |
|  | Socionext, Inc. | 6100 | 65609 |
|  | SoftBank Corp. | 7901000 | 11956148 |
|  | SoftBank Group Corp. | 385476 | 19493380 |
|  | Sohgo Security Services Co. Ltd. | 219600 | 1735644 |
|  | Sojitz Corp. | 107299 | 2538461 |
|  | Sompo Holdings, Inc. | 309182 | 10132233 |
|  | Sony Group Corp. (6758 JP) | 2161700 | 57031665 |
|  | Square Enix Holdings Co. Ltd. | 24300 | 1405099 |
|  | Stanley Electric Co. Ltd. | 68800 | 1289237 |
|  | Subaru Corp. | 332586 | 6022440 |
|  | Sugi Holdings Co. Ltd. | 63300 | 1329669 |
|  | SUMCO Corp. | 134000 | 924076 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Sumitomo Bakelite Co. Ltd. | 4200 | $97654 |
|  | Sumitomo Chemical Co. Ltd. | 675649 | 1633252 |
|  | Sumitomo Corp. | 240000 | 5859929 |
|  | Sumitomo Electric Industries Ltd. | 353200 | 5677124 |
|  | Sumitomo Forestry Co. Ltd. | 97000 | 2793039 |
|  | Sumitomo Heavy Industries Ltd. | 9310 | 193851 |
|  | Sumitomo Metal Mining Co. Ltd. | 110236 | 2445808 |
|  | Sumitomo Mitsui Financial Group, Inc. (8316 JP) | 814620 | 19434563 |
|  | Sumitomo Mitsui Trust Group, Inc. | 195080 | 4826039 |
|  | Sumitomo Realty & Development Co. Ltd. | 127000 | 4730276 |
|  | Sumitomo Rubber Industries Ltd. | 114512 | 1442080 |
|  | Sundrug Co. Ltd. | 43000 | 1432858 |
|  | Suntory Beverage & Food Ltd. | 71700 | 2505258 |
|  | Suzuken Co. Ltd. | 20400 | 737004 |
|  | Suzuki Motor Corp. | 601200 | 7204575 |
|  | Sysmex Corp. | 180864 | 3357406 |
|  | T&D Holdings, Inc. | 172600 | 3672687 |
|  | Taiheiyo Cement Corp. | 42501 | 1144355 |
|  | Taisei Corp. | 61700 | 3345497 |
|  | Takasago Thermal Engineering Co. Ltd. | 3500 | 154854 |
|  | Takashimaya Co. Ltd. | 66000 | 508870 |
|  | Takeda Pharmaceutical Co. Ltd. (4502 JP) | 468997 | 14186503 |
|  | TBS Holdings, Inc. | 17600 | 590398 |
|  | TDK Corp. (6762 JP) | 709010 | 7566159 |
|  | Terumo Corp. | 188400 | 3606112 |
|  | THK Co. Ltd. | 39800 | 980472 |
|  | TIS, Inc. | 90799 | 2620747 |
|  | Tobu Railway Co. Ltd. | 73599 | 1343030 |
|  | Toei Animation Co. Ltd. | 18500 | 447347 |
|  # | Toei Co. Ltd. | 11100 | 406667 |
|  | Toho Co. Ltd. (9602 JP) | 29400 | 1678489 |
|  # | Toho Gas Co. Ltd. | 29600 | 885421 |
|  | Toho Holdings Co. Ltd. | 16900 | 552485 |

---

------

##### [**Table of Contents**](#toc)
**LARGE CAP INTERNATIONAL PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Tohoku Electric Power Co., Inc. | 206000 | $1480430 |
|  | Tokio Marine Holdings, Inc. (8766 JP) | 655243 | 26263681 |
|  | Tokyo Century Corp. | 122900 | 1294301 |
|  \* | Tokyo Electric Power Co. Holdings, Inc. | 642472 | 1965421 |
|  | Tokyo Electron Ltd. | 131100 | 19520570 |
|  | Tokyo Gas Co. Ltd. | 126400 | 4199361 |
|  | Tokyo Ohka Kogyo Co. Ltd. | 47200 | 1038394 |
|  | Tokyo Tatemono Co. Ltd. | 122419 | 2194767 |
|  | Tokyu Corp. | 193118 | 2342139 |
|  | Tokyu Fudosan Holdings Corp. | 454800 | 3185335 |
|  | Tomy Co. Ltd. | 17900 | 394104 |
|  | TOPPAN Holdings, Inc. | 100000 | 2807254 |
|  | Toray Industries, Inc. | 571293 | 3648570 |
|  | Tosoh Corp. | 133800 | 1886141 |
|  | TOTO Ltd. | 52800 | 1392255 |
|  | Toyo Seikan Group Holdings Ltd. | 72000 | 1257026 |
|  | Toyo Suisan Kaisha Ltd. | 26600 | 1719577 |
|  | Toyo Tire Corp. | 36512 | 682657 |
|  | Toyoda Gosei Co. Ltd. | 4800 | 92168 |
|  | Toyota Boshoku Corp. | 15619 | 224113 |
|  | Toyota Industries Corp. | 30100 | 3529974 |
|  | Toyota Motor Corp. (7203 JP) | 2968515 | 56696890 |
|  # | Toyota Motor Corp. (TM US), Sponsored ADR | 15100 | 2887422 |
|  | Toyota Tsusho Corp. | 247980 | 4928038 |
|  | Trend Micro, Inc. (4704 JP) | 47000 | 3372278 |
|  | Tsumura & Co. | 5100 | 153362 |
|  | Tsuruha Holdings, Inc. | 23900 | 1922495 |
|  | Unicharm Corp. | 386297 | 3586821 |
|  | USS Co. Ltd. | 181300 | 1807151 |
|  | Welcia Holdings Co. Ltd. | 37199 | 655860 |
|  | West Japan Railway Co. | 161700 | 3401520 |
|  | Yakult Honsha Co. Ltd. | 83100 | 1707042 |
|  | Yamada Holdings Co. Ltd. | 277400 | 893999 |
|  | Yamaguchi Financial Group, Inc. | 73100 | 863628 |
|  | Yamaha Corp. | 156600 | 1144579 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Yamaha Motor Co. Ltd. | 567900 | $| 4460135 |
|  | Yamato Holdings Co. Ltd. | 95800 |  | 1360146 |
|  # | Yamato Kogyo Co. Ltd. | 21200 |  | 1262431 |
|  | Yamazaki Baking Co. Ltd. | 42300 |  | 1012601 |
|  | Yaoko Co. Ltd. | 6100 |  | 408565 |
|  | Yaskawa Electric Corp. | 81100 |  | 1708719 |
|  | Yokogawa Electric Corp. | 76200 |  | 1648979 |
|  | Yokohama Rubber Co. Ltd. | 91300 |  | 1996258 |
|  | Zensho Holdings Co. Ltd. | 30700 |  | 1897055 |
|  | ZOZO, Inc. | 138300 |  | 1404504 |
|  TOTAL JAPAN | TOTAL JAPAN | TOTAL JAPAN |  | 1368929354 |
|  LUXEMBOURG — (0.2%) | LUXEMBOURG — (0.2%) | LUXEMBOURG — (0.2%) | LUXEMBOURG — (0.2%) | LUXEMBOURG — (0.2%) |
|  # | ArcelorMittal SA (MT US) | 191471 |  | 5684762 |
|  # | Eurofins Scientific SE | 67409 |  | 4253936 |
|  \* | InPost SA | 18849 |  | 318395 |
|  W | Samsonite Group SA | 15300 |  | 27414 |
|  | Subsea 7 SA | 98067 |  | 1484836 |
|  | Tenaris SA (TEN IM) | 101644 |  | 1694907 |
|  # | Tenaris SA (TS US), ADR | 13804 |  | 459535 |
|  TOTAL LUXEMBOURG | TOTAL LUXEMBOURG | TOTAL LUXEMBOURG |  | 13923785 |
|  NETHERLANDS — (4.3%) | NETHERLANDS — (4.3%) | NETHERLANDS — (4.3%) | NETHERLANDS — (4.3%) | NETHERLANDS — (4.3%) |
|  W | ABN AMRO Bank NV | 204834 |  | 4244743 |
|  \*W | Adyen NV | 2833 |  | 4584397 |
|  | Aegon Ltd. (AEG US) | 317519 |  | 2041647 |
|  | Aegon Ltd. (AGN NA) | 350997 |  | 2257593 |
|  | Airbus SE | 134972 |  | 22903466 |
|  | Akzo Nobel NV | 61706 |  | 3895772 |
|  \* | Argenx SE (ARGX BB) | 4901 |  | 3168248 |
|  \* | Argenx SE (ARGX US), ADR | 2482 |  | 1601238 |
|  | ASM International NV | 19135 |  | 9352939 |
|  | ASML Holding NV (ASML NA) | 30871 |  | 20666169 |
|  | ASML Holding NV (ASML US) | 67386 |  | 45019239 |
|  | ASR Nederland NV | 106539 |  | 6722485 |
|  | BE Semiconductor Industries NV | 2775 |  | 300543 |
|  #W | CTP NV | 11909 |  | 223687 |
|  W | Euronext NV | 37614 |  | 6287074 |

---

------

##### [**Table of Contents**](#toc)
**LARGE CAP INTERNATIONAL PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) |
|  | Ferrari NV (RACE IM) | 35703 | $| 16344329 |
|  | Ferrari NV (RACE US) | 65 |  | 30016 |
|  | Ferrovial SE | 107922 |  | 5264705 |
|  | HAL Trust | 3624 |  | 476902 |
|  \* | Havas NV | 340073 |  | 565731 |
|  | Heineken NV | 72335 |  | 6475079 |
|  | IMCD NV | 6566 |  | 873151 |
|  | ING Groep NV (INGA NA) | 811477 |  | 15758331 |
|  | JDE Peet's NV | 19661 |  | 475971 |
|  | Koninklijke Ahold Delhaize NV (AD NA) | 477963 |  | 19624705 |
|  | Koninklijke KPN NV | 2098613 |  | 9762440 |
|  #\* | Koninklijke Philips NV (PHG US) | 175457 |  | 4447835 |
|  \* | Koninklijke Philips NV (PHIA NA) | 142434 |  | 3614949 |
|  | NN Group NV | 162562 |  | 9968366 |
|  | Prosus NV (PRX NA) | 247466 |  | 11602342 |
|  | Randstad NV | 2424 |  | 97299 |
|  | Stellantis NV (STLA UX) | 26989 |  | 250458 |
|  # | Stellantis NV (STLAM IM) | 852765 |  | 7935343 |
|  # | STMicroelectronics NV (STM FP) | 178896 |  | 4066862 |
|  | STMicroelectronics NV (STM US) | 187899 |  | 4267186 |
|  # | Universal Music Group NV | 275518 |  | 8101739 |
|  | Wolters Kluwer NV | 112269 |  | 19822096 |
|  TOTAL NETHERLANDS | TOTAL NETHERLANDS | TOTAL NETHERLANDS |  | 283095075 |
|  NEW ZEALAND — (0.3%) | NEW ZEALAND — (0.3%) | NEW ZEALAND — (0.3%) | NEW ZEALAND — (0.3%) | NEW ZEALAND — (0.3%) |
|  | a2 Milk Co. Ltd. | 250340 |  | 1303188 |
|  | Auckland International Airport Ltd. | 326312 |  | 1457818 |
|  # | Chorus Ltd. (CNU NZ) | 377181 |  | 1778898 |
|  # | Contact Energy Ltd. | 332894 |  | 1753679 |
|  | EBOS Group Ltd. | 59242 |  | 1289308 |
|  | Fisher & Paykel Healthcare Corp. Ltd. | 139336 |  | 2810827 |
|  \* | Fletcher Building Ltd. (FBU NZ) | 358567 |  | 652855 |
|  | Fonterra Co-Operative Group Ltd. | 22286 |  | 72042 |
|  | Infratil Ltd. | 229393 |  | 1437773 |
|  | Mainfreight Ltd. | 29044 |  | 958479 |
|  | Mercury NZ Ltd. | 200803 |  | 666329 |
|  # | Meridian Energy Ltd. | 293126 |  | 954175 |
|  # | Port of Tauranga Ltd. | 117196 |  | 428852 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) |
|  \* | Ryman Healthcare Ltd. | 53412 | $| 70058 |
|  | Spark New Zealand Ltd. | 663722 |  | 822301 |
|  | Summerset Group Holdings Ltd. | 22395 |  | 143311 |
|  | Vector Ltd. | 65942 |  | 155699 |
|  \* | Xero Ltd. | 49167 |  | 5177928 |
|  TOTAL NEW ZEALAND | TOTAL NEW ZEALAND | TOTAL NEW ZEALAND |  | 21933520 |
|  NORWAY — (0.6%) | NORWAY — (0.6%) | NORWAY — (0.6%) | NORWAY — (0.6%) | NORWAY — (0.6%) |
|  | Aker ASA, Class A | 6538 |  | 379112 |
|  | Aker BP ASA | 131797 |  | 2829353 |
|  | Aker Solutions ASA | 134249 |  | 364366 |
|  | Austevoll Seafood ASA | 53414 |  | 503205 |
|  #\*W | AutoStore Holdings Ltd | 67198 |  | 30284 |
|  | Bakkafrost P | 10429 |  | 525890 |
|  #\* | Bluenord ASA | 898 |  | 51443 |
|  | Borregaard ASA | 31776 |  | 546732 |
|  | DNB Bank ASA | 220050 |  | 5500833 |
|  \*W | Entra ASA | 18738 |  | 216112 |
|  | Equinor ASA | 343106 |  | 7766418 |
|  # | Frontline PLC | 61270 |  | 1032990 |
|  | Gjensidige Forsikring ASA | 31239 |  | 730956 |
|  | Golar LNG Ltd. | 6906 |  | 293540 |
|  # | Golden Ocean Group Ltd | 54047 |  | 416688 |
|  # | Hoegh Autoliners ASA | 14235 |  | 114571 |
|  | Kongsberg Gruppen ASA | 17719 |  | 2854685 |
|  | Leroy Seafood Group ASA | 99660 |  | 436821 |
|  | Mowi ASA | 83404 |  | 1529336 |
|  \* | Nordic Semiconductor ASA | 13813 |  | 138508 |
|  | Norsk Hydro ASA | 341534 |  | 1811638 |
|  | Orkla ASA | 93852 |  | 1046680 |
|  | Protector Forsikring ASA | 20382 |  | 717354 |
|  | Salmar ASA | 12699 |  | 627523 |
|  | Schibsted ASA (SCHA NO), Class A | 10518 |  | 320092 |
|  | Schibsted ASA (SCHB NO), Class B | 15214 |  | 439337 |
|  | SpareBank 1 Sor-Norge ASA | 79319 |  | 1265713 |
|  | Storebrand ASA | 257410 |  | 3107867 |
|  | Telenor ASA | 127673 |  | 1917646 |
|  | TGS ASA | 94327 |  | 703530 |
|  | TOMRA Systems ASA | 45197 |  | 713085 |
|  | Var Energi ASA | 189869 |  | 522085 |

---

------

##### [**Table of Contents**](#toc)
**LARGE CAP INTERNATIONAL PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
|  | Veidekke ASA | 47493 | $| 714627 |
|  | Wallenius Wilhelmsen ASA | 75368 |  | 546229 |
|  | Wilh Wilhelmsen Holding ASA, Class A | 1018 |  | 37937 |
|  | Yara International ASA | 43860 |  | 1423412 |
|  TOTAL NORWAY | TOTAL NORWAY | TOTAL NORWAY |  | 42176598 |
|  PORTUGAL — (0.2%) | PORTUGAL — (0.2%) | PORTUGAL — (0.2%) | PORTUGAL — (0.2%) | PORTUGAL — (0.2%) |
|  | EDP SA (EDP PL) | 1302139 |  | 5132593 |
|  | Galp Energia SGPS SA | 333437 |  | 5166198 |
|  | Jeronimo Martins SGPS SA | 117292 |  | 2838744 |
|  TOTAL PORTUGAL | TOTAL PORTUGAL | TOTAL PORTUGAL |  | 13137535 |
|  SINGAPORE — (1.1%) | SINGAPORE — (1.1%) | SINGAPORE — (1.1%) | SINGAPORE — (1.1%) | SINGAPORE — (1.1%) |
|  W | BW LPG Ltd. | 74997 |  | 753385 |
|  | CapitaLand Investment Ltd. | 773550 |  | 1630327 |
|  | City Developments Ltd. | 263200 |  | 1002145 |
|  | DBS Group Holdings Ltd. | 542548 |  | 17626942 |
|  | Genting Singapore Ltd. | 2058500 |  | 1167307 |
|  | Hongkong Land Holdings Ltd. | 443000 |  | 2168042 |
|  | Jardine Cycle & Carriage Ltd. | 75310 |  | 1495786 |
|  | Kenon Holdings Ltd. | 7366 |  | 226805 |
|  | Keppel Ltd. | 497900 |  | 2503291 |
|  | Oversea-Chinese Banking Corp. Ltd. | 863257 |  | 10683465 |
|  | SATS Ltd. | 309600 |  | 667656 |
|  \* | Seatrium Ltd. | 861948 |  | 1265814 |
|  | Sembcorp Industries Ltd. | 511720 |  | 2588366 |
|  | Singapore Airlines Ltd. | 733700 |  | 3765285 |
|  | Singapore Exchange Ltd. | 307800 |  | 3386062 |
|  | Singapore Technologies Engineering Ltd. | 564800 |  | 3207070 |
|  | Singapore Telecommunications Ltd. | 599650 |  | 1734904 |
|  | United Overseas Bank Ltd. | 419865 |  | 11151126 |
|  | UOL Group Ltd. | 185987 |  | 822747 |
|  | Wilmar International Ltd. | 903900 |  | 2120078 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | Yangzijiang Shipbuilding Holdings Ltd. | 1504200 | $| 2576639 |
|  TOTAL SINGAPORE | TOTAL SINGAPORE | TOTAL SINGAPORE |  | 72543242 |
|  SPAIN — (2.6%) | SPAIN — (2.6%) | SPAIN — (2.6%) | SPAIN — (2.6%) | SPAIN — (2.6%) |
|  | ACS Actividades de Construccion y Servicios SA | 122711 |  | 7688436 |
|  W | Aena SME SA | 25257 |  | 6344960 |
|  | Amadeus IT Group SA | 160860 |  | 12661773 |
|  | Banco Bilbao Vizcaya Argentaria SA (BBVA SM) | 1401013 |  | 19227560 |
|  | Banco Bilbao Vizcaya Argentaria SA (BBVA US), Sponsored ADR | 729514 |  | 9994342 |
|  | Banco de Sabadell SA | 2511975 |  | 7329399 |
|  # | Banco Santander SA (SAN SM) | 3608632 |  | 25407874 |
|  | Bankinter SA | 8765 |  | 102103 |
|  # | CaixaBank SA | 1480864 |  | 11349649 |
|  W | Cellnex Telecom SA | 130992 |  | 5301161 |
|  # | EDP Renovaveis SA | 20238 |  | 189524 |
|  | Endesa SA | 108730 |  | 3265442 |
|  | Iberdrola SA | 1139019 |  | 20531782 |
|  # | Industria de Diseno Textil SA | 322128 |  | 17322427 |
|  | International Consolidated Airlines Group SA | 119677 |  | 415814 |
|  | Mapfre SA | 41985 |  | 149467 |
|  # | Naturgy Energy Group SA | 33680 |  | 1003396 |
|  | Redeia Corp. SA | 160836 |  | 3372777 |
|  | Repsol SA (REP SM) | 482574 |  | 5898827 |
|  # | Telefonica SA (TEF SM) | 2057219 |  | 10568433 |
|  | Telefonica SA (TEF US), Sponsored ADR | 163106 |  | 833472 |
|  TOTAL SPAIN | TOTAL SPAIN | TOTAL SPAIN |  | 168958618 |
|  SWEDEN — (2.8%) | SWEDEN — (2.8%) | SWEDEN — (2.8%) | SWEDEN — (2.8%) | SWEDEN — (2.8%) |
|  | AAK AB | 54219 |  | 1417928 |
|  | AddTech AB, Class B | 86646 |  | 2914983 |
|  | Alfa Laval AB | 60529 |  | 2510490 |
|  \* | Asmodee Group AB, Class B | 26150 |  | 288136 |
|  | Assa Abloy AB, Class B | 199102 |  | 6043537 |

---

------

##### [**Table of Contents**](#toc)
**LARGE CAP INTERNATIONAL PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  # | Atlas Copco AB (ATCOA SS), Class A | 671935 | $10400678 |
|  | Atlas Copco AB (ATCOB SS), Class B | 412967 | 5734344 |
|  # | Atrium Ljungberg AB, Class B | 80330 | 284442 |
|  # | Avanza Bank Holding AB | 71879 | 2388551 |
|  # | Axfood AB | 40005 | 1118394 |
|  # | Beijer Ref AB | 76553 | 1167690 |
|  | Betsson AB, Class B | 30897 | 540360 |
|  | Billerud Aktiebolag | 90415 | 954062 |
|  \* | Boliden AB | 143974 | 4411368 |
|  | Bure Equity AB | 26882 | 905731 |
|  \* | Camurus AB | 11372 | 730843 |
|  #\* | Castellum AB | 127644 | 1553454 |
|  | Catena AB | 13056 | 614628 |
|  \* | Electrolux AB, Class B | 3990 | 24909 |
|  #\* | Embracer Group AB | 26150 | 330007 |
|  | Epiroc AB (EPIA SS), Class A | 177442 | 3838906 |
|  | Epiroc AB (EPIB SS), Class B | 99521 | 1951762 |
|  | EQT AB | 29688 | 857910 |
|  | Essity AB (ESSITYA SS), Class A | 8605 | 247274 |
|  | Essity AB (ESSITYB SS), Class B | 156516 | 4526292 |
|  #W | Evolution AB | 41375 | 2866237 |
|  # | Fabege AB | 92014 | 786057 |
|  \* | Fastighets AB Balder, Class B | 219988 | 1581370 |
|  | Fortnox AB | 194108 | 1757634 |
|  # | Getinge AB, Class B | 79031 | 1527432 |
|  # | H & M Hennes & Mauritz AB, Class B | 192384 | 2787755 |
|  | Hemnet Group AB | 45149 | 1549772 |
|  | Hexagon AB, Class B | 359770 | 3501484 |
|  # | Hexpol AB | 116699 | 1014752 |
|  | Holmen AB (HOLMB SS), Class B | 30769 | 1216576 |
|  | Hufvudstaden AB, Class A | 9910 | 120663 |
|  | Husqvarna AB (HUSQA SS), Class A | 12600 | 58581 |
|  # | Husqvarna AB (HUSQB SS), Class B | 142561 | 663087 |
|  | Indutrade AB | 83885 | 2269394 |
|  | Lagercrantz Group AB, Class B | 111522 | 2541118 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | Lifco AB, Class B | 50995 | $1974258 |
|  | Loomis AB | 31658 | 1317651 |
|  | Medicover AB, Class B | 35267 | 880060 |
|  W | Munters Group AB | 59686 | 763880 |
|  | Mycronic AB | 42637 | 1702538 |
|  | Nibe Industrier AB, Class B | 236728 | 1009503 |
|  | Nordnet AB publ | 59465 | 1574170 |
|  | Pandox AB | 52404 | 877442 |
|  | Saab AB, Class B | 46916 | 2184620 |
|  # | Sagax AB (SAGAB SS), Class B | 72944 | 1657965 |
|  # | Sandvik AB | 245661 | 5071531 |
|  | Sectra AB, Class B | 52754 | 1618529 |
|  # | Securitas AB, Class B | 225286 | 3570051 |
|  | Skandinaviska Enskilda Banken AB (SEBA SS), Class A | 442167 | 7016160 |
|  # | Skanska AB, Class B | 148452 | 3449524 |
|  | SKF AB (SKFA SS), Class A | 5065 | 100503 |
|  | SKF AB (SKFB SS), Class B | 161381 | 3163290 |
|  # | SSAB AB (SSABA SS), Class A | 135094 | 853636 |
|  # | SSAB AB (SSABB SS), Class B | 307719 | 1912748 |
|  | Svenska Cellulosa AB SCA (SCAA SS), Class A | 8605 | 110779 |
|  | Svenska Cellulosa AB SCA (SCAB SS), Class B | 192067 | 2483532 |
|  | Svenska Handelsbanken AB (SHBA SS), Class A | 292444 | 3828036 |
|  # | Svenska Handelsbanken AB (SHBB SS), Class B | 3612 | 70988 |
|  | Sweco AB, Class B | 73964 | 1301171 |
|  | Swedbank AB, Class A | 193925 | 4841114 |
|  \* | Swedish Orphan Biovitrum AB | 46038 | 1400232 |
|  | Tele2 AB, Class B | 284401 | 4196060 |
|  | Telefonaktiebolaget LM Ericsson (ERICA SS), Class A | 17870 | 149666 |
|  | Telefonaktiebolaget LM Ericsson (ERICB SS), Class B | 1161673 | 9813093 |
|  # | Telia Co. AB | 1256555 | 4720211 |
|  W | Thule Group AB | 37171 | 847273 |

---

------

##### [**Table of Contents**](#toc)
**LARGE CAP INTERNATIONAL PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | Trelleborg AB, Class B | 97629 | $| 3366411 |
|  | Vitrolife AB | 6473 |  | 105355 |
|  | Volvo AB (VOLVA SS), Class A | 82123 |  | 2240024 |
|  | Volvo AB (VOLVB SS), Class B | 647552 |  | 17602744 |
|  #\* | Volvo Car AB, Class B | 344095 |  | 586933 |
|  # | Wallenstam AB, Class B | 162936 |  | 805613 |
|  # | Wihlborgs Fastigheter AB | 108561 |  | 1126034 |
|  TOTAL SWEDEN | TOTAL SWEDEN | TOTAL SWEDEN |  | 180291919 |
|  SWITZERLAND — (8.3%) | SWITZERLAND — (8.3%) | SWITZERLAND — (8.3%) | SWITZERLAND — (8.3%) | SWITZERLAND — (8.3%) |
|  | ABB Ltd | 293918 |  | 15522028 |
|  # | Alcon AG | 192210 |  | 18752873 |
|  | Baloise Holding AG | 7395 |  | 1645184 |
|  # | Banque Cantonale Vaudoise | 5454 |  | 671265 |
|  | BKW AG | 7964 |  | 1596681 |
|  | Chocoladefabriken Lindt & Spruengli AG | 35 |  | 4957488 |
|  | Cie Financiere Richemont SA, Class A | 144014 |  | 25448023 |
|  | Coca-Cola HBC AG | 77054 |  | 4012488 |
|  | DSM-Firmenich AG | 28398 |  | 3084964 |
|  | EMS-Chemie Holding AG | 2147 |  | 1582986 |
|  | Geberit AG | 14480 |  | 10030590 |
|  | Givaudan SA | 2013 |  | 9711435 |
|  | Helvetia Holding AG | 3853 |  | 849962 |
|  | Holcim AG (HOLN FP) | 29333 |  | 3255472 |
|  | Holcim AG (HOLN SW) | 159276 |  | 17798756 |
|  | Julius Baer Group Ltd | 92739 |  | 6013943 |
|  | Kuehne & Nagel International AG | 17809 |  | 4101359 |
|  # | Logitech International SA (LOGI US) | 35716 |  | 2692629 |
|  | Logitech International SA (LOGN SW) | 13924 |  | 1058086 |
|  | Lonza Group AG | 24189 |  | 17380019 |
|  | Nestle SA | 702768 |  | 74800788 |
|  | Novartis AG (NOVN SW) | 340245 |  | 38807395 |
|  | Novartis AG (NVS US), Sponsored ADR | 375290 |  | 42591662 |
|  | Partners Group Holding AG | 8371 |  | 10968282 |
|  | Roche Holding AG (RO SW) | 10773 |  | 3747675 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Roche Holding AG (ROG SW) | 238935 | $| 78128484 |
|  | Sandoz Group AG (SDZ SW) | 192877 |  | 8365977 |
|  | Sandoz Group AG (SDZNY US), ADR | 39056 |  | 1694232 |
|  | Schindler Holding AG | 9697 |  | 3438013 |
|  | SGS SA | 64592 |  | 6308131 |
|  | SIG Group AG | 24234 |  | 467473 |
|  | Sika AG | 48315 |  | 12074283 |
|  | Sonova Holding AG | 17883 |  | 5497484 |
|  | Straumann Holding AG | 24044 |  | 2931848 |
|  # | Swatch Group AG (UHR SW) | 1504 |  | 261007 |
|  # | Swatch Group AG (UHRN SW) | 9109 |  | 316583 |
|  | Swiss Life Holding AG | 11467 |  | 11449339 |
|  | Swiss Prime Site AG | 12033 |  | 1696725 |
|  | Swiss Re AG | 147397 |  | 26458382 |
|  | Swisscom AG | 17356 |  | 11574423 |
|  | UBS Group AG (UBS US) | 255910 |  | 7736170 |
|  | UBS Group AG (UBSG SW) | 411734 |  | 12498336 |
|  W | VAT Group AG | 12384 |  | 4470501 |
|  | Zurich Insurance Group AG | 41362 |  | 29336849 |
|  TOTAL SWITZERLAND | TOTAL SWITZERLAND | TOTAL SWITZERLAND |  | 545786273 |
|  UNITED KINGDOM — (12.3%) | UNITED KINGDOM — (12.3%) | UNITED KINGDOM — (12.3%) | UNITED KINGDOM — (12.3%) | UNITED KINGDOM — (12.3%) |
|  | 3i Group PLC | 239022 |  | 13550401 |
|  | Admiral Group PLC | 92548 |  | 4025141 |
|  W | Airtel Africa PLC | 417916 |  | 956399 |
|  | Anglo American PLC | 436016 |  | 11902531 |
|  | Antofagasta PLC | 108642 |  | 2384206 |
|  | Ashtead Group PLC | 190595 |  | 10203010 |
|  | Associated British Foods PLC | 142156 |  | 3918551 |
|  | AstraZeneca PLC (AZN LN) | 128443 |  | 18401618 |
|  | AstraZeneca PLC (AZN US), Sponsored ADR | 411034 |  | 29508131 |
|  W | Auto Trader Group PLC | 474580 |  | 5331838 |
|  | Aviva PLC | 959090 |  | 7185891 |
|  | BAE Systems PLC | 589279 |  | 13661041 |
|  | Barclays PLC (BARC LN) | 1697316 |  | 6761498 |
|  | Barclays PLC (BCS US), Sponsored ADR | 326572 |  | 5244746 |
|  | Barratt Redrow PLC | 585678 |  | 3651227 |

---

------

##### [**Table of Contents**](#toc)
**LARGE CAP INTERNATIONAL PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Beazley PLC | 377627 | $4474377 |
|  | Berkeley Group Holdings PLC | 1781 | 99279 |
|  | BP PLC (BP LN) | 2286869 | 10559368 |
|  | BP PLC (BP US), Sponsored ADR | 748671 | 20558492 |
|  | British American Tobacco PLC (BATS LN) | 442204 | 19261675 |
|  # | British American Tobacco PLC (BTI US), Sponsored ADR | 22867 | 995858 |
|  | BT Group PLC | 4335302 | 10062044 |
|  | Bunzl PLC | 94984 | 2984826 |
|  \* | Carnival PLC (CCL LN) | 20899 | 350790 |
|  | Centrica PLC | 2668294 | 5712902 |
|  | Coca-Cola Europacific Partners PLC | 102049 | 9193922 |
|  | Compass Group PLC | 437966 | 14765945 |
|  W | ConvaTec Group PLC | 630121 | 2190716 |
|  | Croda International PLC | 9596 | 378792 |
|  | Diageo PLC (DEO US), Sponsored ADR | 51045 | 5718061 |
|  | Diageo PLC (DGE LN) | 169923 | 4771504 |
|  | Diploma PLC | 56315 | 2988161 |
|  | easyJet PLC | 41783 | 277023 |
|  | Endeavour Mining PLC | 8560 | 231914 |
|  | Entain PLC | 30609 | 261674 |
|  \*†† | Evraz PLC | 179407 | 0 |
|  | Experian PLC | 325261 | 16182073 |
|  | Fresnillo PLC | 115106 | 1542715 |
|  | Games Workshop Group PLC | 17173 | 3536648 |
|  | Glencore PLC | 3172321 | 10401197 |
|  | GSK PLC (GSK LN) | 714113 | 14127084 |
|  # | GSK PLC (GSK US), Sponsored ADR | 363226 | 14474540 |
|  | Haleon PLC (HLN LN) | 1607334 | 8087896 |
|  | Haleon PLC (HLN US), ADR | 201265 | 2042840 |
|  | Halma PLC | 94722 | 3496343 |
|  | Hikma Pharmaceuticals PLC | 7917 | 209797 |
|  | Howden Joinery Group PLC | 36711 | 377517 |
|  | HSBC Holdings PLC (HSBA LN) | 2214349 | 24684188 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  # | HSBC Holdings PLC (HSBC US), Sponsored ADR | 489951 | $27476452 |
|  | IMI PLC | 88086 | 2090528 |
|  | Imperial Brands PLC | 378415 | 15527524 |
|  | Informa PLC | 432233 | 4222454 |
|  | InterContinental Hotels Group PLC (IHG LN) | 56200 | 5997099 |
|  # | InterContinental Hotels Group PLC (IHG US), ADR | 1227 | 132424 |
|  | Intermediate Capital Group PLC | 131593 | 3310087 |
|  # | International Paper Co. | 106680 | 4852961 |
|  | Intertek Group PLC | 72170 | 4432314 |
|  | Investec PLC | 261826 | 1644045 |
|  | J Sainsbury PLC | 923337 | 3281644 |
|  | JD Sports Fashion PLC | 179542 | 189023 |
|  | Kingfisher PLC | 99334 | 381790 |
|  | Legal & General Group PLC | 2136040 | 6726563 |
|  | Lloyds Banking Group PLC (LLOY LN) | 19674684 | 19329937 |
|  | London Stock Exchange Group PLC | 62942 | 9800763 |
|  | M&G PLC | 984675 | 2732360 |
|  | Marks & Spencer Group PLC | 1446215 | 7515320 |
|  | Melrose Industries PLC | 580887 | 3376879 |
|  | Mondi PLC | 174547 | 2649472 |
|  | National Grid PLC (NG LN) | 622990 | 8992300 |
|  # | National Grid PLC (NGG US), Sponsored ADR | 94014 | 6863022 |
|  | NatWest Group PLC (NWG LN) | 2122409 | 13651946 |
|  | Next PLC | 43637 | 7199079 |
|  | Pearson PLC (PSON LN) | 188098 | 3015443 |
|  | Phoenix Group Holdings PLC | 320847 | 2566884 |
|  | Prudential PLC (PRU LN) | 538464 | 5725366 |
|  | Prudential PLC (PUK US), ADR | 47310 | 1005338 |
|  | Reckitt Benckiser Group PLC | 296736 | 19153280 |

---

------

##### [**Table of Contents**](#toc)
**LARGE CAP INTERNATIONAL PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | RELX PLC (REL LN) | 170011 | $9278374 |
|  | RELX PLC (RELX US), Sponsored ADR | 104741 | 5722004 |
|  | RELX PLC (REN NA) | 200352 | 10907015 |
|  | Rentokil Initial PLC | 720911 | 3302704 |
|  | Rightmove PLC | 317075 | 3131482 |
|  | Rio Tinto PLC (RIO LN) | 154229 | 9190420 |
|  # | Rio Tinto PLC (RIO US), Sponsored ADR | 226623 | 13461406 |
|  | Rolls-Royce Holdings PLC | 2436202 | 24660384 |
|  | Sage Group PLC | 281990 | 4675011 |
|  | Schroders PLC | 295050 | 1300044 |
|  | Severn Trent PLC | 109787 | 4083775 |
|  | Shell PLC (SHEL LN) | 77031 | 2485910 |
|  # | Shell PLC (SHEL US), ADR | 1019375 | 65729300 |
|  | Smith & Nephew PLC (SN LN) | 206252 | 2902498 |
|  | Smith & Nephew PLC (SNN US), Sponsored ADR | 13121 | 367650 |
|  | Smiths Group PLC | 131756 | 3283306 |
|  | Spirax Group PLC | 19361 | 1525956 |
|  | SSE PLC | 380284 | 8573910 |
|  | St. James's Place PLC | 157790 | 1988997 |
|  | Standard Chartered PLC | 1001127 | 14419488 |
|  | Taylor Wimpey PLC | 178836 | 281006 |
|  | Tesco PLC | 2917617 | 14439293 |
|  # | Unilever PLC (UL US), Sponsored ADR | 201405 | 12799288 |
|  | Unilever PLC (ULVR LN) | 89128 | 5674769 |
|  | Unilever PLC (UNA NA) | 248265 | 15831894 |
|  | United Utilities Group PLC | 283252 | 4258512 |
|  | Vodafone Group PLC (VOD LN) | 8780935 | 8629027 |
|  | Vodafone Group PLC (VOD US), Sponsored ADR | 21712 | 211913 |
|  | Weir Group PLC | 112716 | 3397656 |
|  | Whitbread PLC | 9379 | 325742 |
|  \* | Wise PLC, Class A | 111056 | 1456655 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | WPP PLC (WPP LN) | 260445 | $2019114 |
|  | WPP PLC (WPP US), Sponsored ADR | 13587 | 523915 |
|  TOTAL UNITED KINGDOM | TOTAL UNITED KINGDOM | TOTAL UNITED KINGDOM | 806367105 |
|  TOTAL COMMON STOCKS | TOTAL COMMON STOCKS | TOTAL COMMON STOCKS | 6245221816 |
|  PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) |
|  GERMANY — (0.3%) | GERMANY — (0.3%) | GERMANY — (0.3%) | GERMANY — (0.3%) |
|  | Bayerische Motoren Werke AG, 8.479% | 24220 | 1954475 |
|  W | Dr. Ing hc F Porsche AG, 5.225% | 27451 | 1380007 |
|  | Henkel AG & Co. KGaA, 2.969% | 69345 | 5385773 |
|  | Porsche Automobil Holding SE, 7.072% | 62054 | 2558539 |
|  | Sartorius AG, 0.326% | 3717 | 964913 |
|  | Volkswagen AG, 9.469% | 83376 | 9072172 |
|  TOTAL GERMANY | TOTAL GERMANY | TOTAL GERMANY | 21315879 |
|  RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
|  CANADA — (0.0%) | CANADA — (0.0%) | CANADA — (0.0%) | CANADA — (0.0%) |
|  \* | Constellation Software, Inc. Warrants 03/31/2040 | 6143 | 0 |
|  PORTUGAL — (0.0%) | PORTUGAL — (0.0%) | PORTUGAL — (0.0%) | PORTUGAL — (0.0%) |
|  #\* | EDP Renovaveis SA Rights 05/07/2025 | 20238 | 2064 |
|  TOTAL RIGHTS/WARRANTS | TOTAL RIGHTS/WARRANTS | TOTAL RIGHTS/WARRANTS | 2064 |
|  TOTAL INVESTMENT SECURITIES<br>(Cost $3,778,146,162) | TOTAL INVESTMENT SECURITIES<br>(Cost $3,778,146,162) | TOTAL INVESTMENT SECURITIES<br>(Cost $3,778,146,162) | 6266539759 |
|  |  |  | <u>**Value†**</u> |
|  SECURITIES LENDING COLLATERAL — (4.6%) | SECURITIES LENDING COLLATERAL — (4.6%) | SECURITIES LENDING COLLATERAL — (4.6%) | SECURITIES LENDING COLLATERAL — (4.6%) |
|  @§ | The DFA Short Term Investment Fund | 26023300 | 300959467 |
|  TOTAL INVESTMENTS — (100.0%)<br>(Cost $4,079,119,447) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $4,079,119,447) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $4,079,119,447) | $6567499226 |

---

------

##### [**Table of Contents**](#toc)
**LARGE CAP INTERNATIONAL PORTFOLIO** 

**CONTINUED** 

As of April 30, 2025, Large Cap International Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration<br>Date** | **Notional**<br>**Value** | **Market**<br>**Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Position Contracts:** |  |  |  |  |  |
|  S&P 500<sup>®</sup> Emini Index | 186 | 06/20/25 | $51733203 | $51959100 | $225897 |
|  **Total Futures Contracts** |  |  | $**51733203** | $**51959100** | $**225897** |

---

As of April 30, 2025, the value of Rule 144A securities amounted to $72,277,434 or 1.1% of net assets.

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 1**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 2**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 3**  | **Total** |
|  **Assets** |  |  |  |  |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Australia | $15165090 | $368202379 |  | $383367469 |
| &nbsp;&nbsp;&nbsp;&nbsp; Austria |  | 14707649 |  | 14707649 |
| &nbsp;&nbsp;&nbsp;&nbsp; Belgium |  | 58127687 |  | 58127687 |
| &nbsp;&nbsp;&nbsp;&nbsp; Canada | 663033050 | 2681619 |  | 665714669 |
| &nbsp;&nbsp;&nbsp;&nbsp; Denmark | 189615 | 142761593 |  | 142951208 |
| &nbsp;&nbsp;&nbsp;&nbsp; Finland | 1118129 | 59372038 |  | 60490167 |
| &nbsp;&nbsp;&nbsp;&nbsp; France | 1701234 | 524875872 |  | 526577106 |
| &nbsp;&nbsp;&nbsp;&nbsp; Germany | 21778963 | 523004670 |  | 544783633 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hong Kong |  | 95364220 |  | 95364220 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ireland | 1200638 | 40767284 |  | 41967922 |
| &nbsp;&nbsp;&nbsp;&nbsp; Israel | 5075467 | 46468823 |  | 51544290 |
| &nbsp;&nbsp;&nbsp;&nbsp; Italy | 158965 | 142323807 |  | 142482772 |
| &nbsp;&nbsp;&nbsp;&nbsp; Japan | 12601287 | 1356328067 |  | 1368929354 |
| &nbsp;&nbsp;&nbsp;&nbsp; Luxembourg | 6144297 | 7779488 |  | 13923785 |
| &nbsp;&nbsp;&nbsp;&nbsp; Netherlands | 57657619 | 225437456 |  | 283095075 |
| &nbsp;&nbsp;&nbsp;&nbsp; New Zealand |  | 21933520 |  | 21933520 |
| &nbsp;&nbsp;&nbsp;&nbsp; Norway | 293540 | 41883058 |  | 42176598 |
| &nbsp;&nbsp;&nbsp;&nbsp; Portugal |  | 13137535 |  | 13137535 |
| &nbsp;&nbsp;&nbsp;&nbsp; Singapore |  | 72543242 |  | 72543242 |
| &nbsp;&nbsp;&nbsp;&nbsp; Spain | 10827814 | 158130804 |  | 168958618 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sweden | 288136 | 180003783 |  | 180291919 |
| &nbsp;&nbsp;&nbsp;&nbsp; Switzerland | 71581623 | 474204650 |  | 545786273 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Kingdom | 213067294 | 593299811 |  | 806367105 |
|  Preferred Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Germany |  | 21315879 |  | 21315879 |
|  Rights/Warrants |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Portugal |  | 2064 |  | 2064 |
|  Securities Lending Collateral |  | 300959467 |  | 300959467 |
|  Total Investments in Securities | $1081882761 | $5485616465 |  | $6567499226 |
|  **Financial Instruments** |  |  |  |  |
|  **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts\*\* | 225897 |  |  | 225897 |
|  Total Financial Instruments | $225897 |  |  | $225897 |

---

\*\* Valued at the unrealized appreciation/(depreciation) on the investment.

See accompanying Notes to Financial Statements.

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COMMON STOCKS — (94.7%) | COMMON STOCKS — (94.7%) | COMMON STOCKS — (94.7%) | COMMON STOCKS — (94.7%) |
|  AUSTRALIA — (5.7%) | AUSTRALIA — (5.7%) | AUSTRALIA — (5.7%) | AUSTRALIA — (5.7%) |
|  \* | 3P Learning Ltd. | 182513 | $76109 |
|  | Accent Group Ltd. | 1867320 | 2216171 |
|  | Acrow Ltd. | 799638 | 532408 |
|  # | Adairs Ltd. | 578897 | 875474 |
|  | AGL Energy Ltd. | 1030143 | 7020431 |
|  \* | AI-Media Technologies Ltd. | 21654 | 9828 |
|  \* | Ainsworth Game Technology Ltd. | 387271 | 237551 |
|  \* | Alkane Resources Ltd. | 1394142 | 717383 |
|  \* | Alliance Aviation Services Ltd. | 84362 | 148157 |
|  | ALS Ltd. | 1149918 | 12617433 |
|  #\* | AMA Group Ltd. | 8154665 | 323307 |
|  # | Amotiv Ltd. | 609332 | 3021455 |
|  | AMP Ltd. | 10886227 | 8991546 |
|  \* | Amplitude Energy Ltd. | 12632337 | 1494519 |
|  # | Ampol Ltd. | 792682 | 12036251 |
|  | Ansell Ltd. | 505746 | 9811244 |
|  | ANZ Group Holdings Ltd. | 2163379 | 41368687 |
|  | APA Group | 1421098 | 7477780 |
|  #\* | Appen Ltd. | 483540 | 248180 |
|  #\* | Arafura Rare Earths Ltd. (ARU AU) | 3470709 | 454306 |
|  # | ARB Corp. Ltd. | 272772 | 5496909 |
|  | Aristocrat Leisure Ltd. | 749245 | 31999541 |
|  # | ARN Media Ltd. | 1779831 | 637580 |
|  \* | Articore Group Ltd. | 321992 | 31736 |
|  # | ASX Ltd. | 93407 | 4229648 |
|  | Atlas Arteria Ltd. | 1996188 | 6612085 |
|  | AUB Group Ltd. | 252163 | 5149031 |
|  \* | Audinate Group Ltd. | 38142 | 149731 |
|  \* | Aurelia Metals Ltd. | 6238789 | 1174364 |
|  | Aurizon Holdings Ltd. | 7262625 | 14218139 |
|  | Aussie Broadband Ltd. | 606996 | 1594653 |
|  \* | Austal Ltd. | 1838923 | 6230330 |
|  | Austin Engineering Ltd. | 36772 | 10269 |
|  #\* | Australian Agricultural Co. Ltd. | 1258308 | 1153712 |
|  # | Australian Clinical Labs Ltd. | 757883 | 1513142 |
|  # | Australian Ethical Investment Ltd. | 253283 | 840391 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  # | Australian Finance Group Ltd. | 810904 | $945038 |
|  #\* | Australian Strategic Materials Ltd. | 391361 | 159657 |
|  \* | Australian Vanadium Ltd. | 710488 | 4550 |
|  # | Autosports Group Ltd. | 10383 | 12821 |
|  \* | AVJennings Ltd. | 408347 | 168630 |
|  # | Baby Bunting Group Ltd. | 453556 | 454684 |
|  # | Bank of Queensland Ltd. | 2984695 | 14257485 |
|  #\* | Bannerman Energy Ltd. (BMN AU) | 93589 | 142691 |
|  | Bapcor Ltd. | 1101242 | 3578077 |
|  | Beach Energy Ltd. | 8712124 | 6557863 |
|  # | Beacon Lighting Group Ltd. | 7221 | 15290 |
|  | Bega Cheese Ltd. | 1804540 | 6527710 |
|  # | Bell Financial Group Ltd. | 286368 | 234863 |
|  \* | Bellevue Gold Ltd. | 3689213 | 2147744 |
|  | Bendigo & Adelaide Bank Ltd. | 1880756 | 13454606 |
|  | BHP Group Ltd. (BHP AU) | 4062481 | 96823757 |
|  | BHP Group Ltd. (BHP LN), Class DI | 338292 | 8045188 |
|  | BHP Group Ltd. (BHP US), Sponsored ADR | 1184773 | 56335956 |
|  # | Bisalloy Steel Group Ltd. | 5274 | 11402 |
|  | BlueScope Steel Ltd. | 1024289 | 15688476 |
|  #\* | Boss Energy Ltd. | 646100 | 1321070 |
|  | Brambles Ltd. | 2189246 | 28770320 |
|  | Bravura Solutions Ltd. | 1374835 | 1932961 |
|  | Breville Group Ltd. | 342840 | 6286082 |
|  # | Brickworks Ltd. | 372034 | 5992857 |
|  | Capral Ltd. | 14656 | 95211 |
|  \* | Capricorn Metals Ltd. | 1491376 | 8823669 |
|  | CAR Group Ltd. | 194213 | 4145341 |
|  #\* | Carnarvon Energy Ltd. | 6152554 | 433965 |
|  # | Cash Converters International Ltd. | 1858189 | 283714 |
|  #\* | Catapult Group International Ltd. | 192104 | 503087 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Cedar Woods Properties Ltd. | 298918 | $1071886 |
|  \* | Centrebet International Ltd. | 22005 | 0 |
|  #\* | Cettire Ltd. | 602468 | 173227 |
|  | Challenger Ltd. | 2117291 | 9593793 |
|  # | Champion Iron Ltd. | 1813855 | 5302385 |
|  #\* | Chrysos Corp. Ltd. | 13677 | 33669 |
|  \* | City Chic Collective Ltd. | 255554 | 13551 |
|  | Civmec Australia Ltd. | 327100 | 184225 |
|  | Cleanaway Waste Management Ltd. | 6149747 | 10234448 |
|  # | Clinuvel Pharmaceuticals Ltd. | 79086 | 576027 |
|  | Clover Corp. Ltd. | 41173 | 11616 |
|  #\* | Coast Entertainment Holdings Ltd. | 1813268 | 470128 |
|  | Cochlear Ltd. | 71657 | 12549332 |
|  | Codan Ltd. | 531345 | 5351883 |
|  #\* | Cogstate Ltd. | 34463 | 29421 |
|  | Coles Group Ltd. | 1798408 | 24422031 |
|  # | Collins Foods Ltd. | 571168 | 3006965 |
|  \* | Comet Ridge Ltd. | 551430 | 47718 |
|  | Commonwealth Bank of Australia | 660983 | 70453575 |
|  | Computershare Ltd. | 703248 | 18376857 |
|  #\* | Core Lithium Ltd. | 493674 | 22078 |
|  # | Corporate Travel Management Ltd. | 255204 | 2084023 |
|  # | Credit Corp. Group Ltd. | 240953 | 2084957 |
|  | CSL Ltd. | 144130 | 23134729 |
|  # | Data#3 Ltd. | 806304 | 3755039 |
|  #\* | Deep Yellow Ltd. | 987096 | 717932 |
|  | Deterra Royalties Ltd. | 1021339 | 2381296 |
|  #\* | Develop Global Ltd. | 23536 | 48829 |
|  | Dicker Data Ltd. | 348192 | 1881319 |
|  | Domain Holdings Australia Ltd. | 727314 | 1999799 |
|  # | Domino's Pizza Enterprises Ltd. | 194495 | 3143284 |
|  | Downer EDI Ltd. | 3019034 | 11024518 |
|  #\* | DUG Technology Ltd. | 13704 | 9077 |
|  # | Duratec Ltd. | 254341 | 279063 |
|  | Dyno Nobel Ltd. | 6110575 | 8870119 |
|  # | Eagers Automotive Ltd. | 625153 | 7378127 |
|  | Elders Ltd. | 972861 | 3940621 |
|  #\* | Electro Optic Systems Holdings Ltd. | 27306 | 21465 |
|  #\* | Emeco Holdings Ltd. | 1482020 | 722862 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  #\* | Emerald Resources NL | 2042095 | $5243574 |
|  #\* | EML Payments Ltd. | 930319 | 582267 |
|  # | Endeavour Group Ltd. | 4440686 | 11358868 |
|  \* | Energy World Corp. Ltd. | 5484798 | 77507 |
|  | Enero Group Ltd. | 111101 | 51219 |
|  \* | Environmental Group Ltd. | 176104 | 26624 |
|  | EQT Holdings Ltd. | 77433 | 1609195 |
|  \* | ESG Minerals | 4224 | 0 |
|  | Euroz Hartleys Group Ltd. | 129142 | 70622 |
|  | Evolution Mining Ltd. | 6791671 | 34060372 |
|  | EVT Ltd. | 433730 | 3904586 |
|  \* | Fenix Resources Ltd. | 127590 | 23209 |
|  | Finbar Group Ltd. | 5532 | 2716 |
|  #\* | Findi Ltd. | 2941 | 8690 |
|  \* | FleetPartners Group Ltd. | 1062096 | 1895153 |
|  # | Fleetwood Ltd. | 403476 | 751186 |
|  # | Flight Centre Travel Group Ltd. | 588435 | 4828236 |
|  | Fortescue Ltd. | 2360751 | 24381097 |
|  | G8 Education Ltd. | 3516633 | 2827461 |
|  \* | Genesis Minerals Ltd. | 146104 | 360795 |
|  | GenusPlus Group Ltd. | 6945 | 12376 |
|  | Gold Road Resources Ltd. | 4867776 | 9444170 |
|  # | GR Engineering Services Ltd. | 185799 | 334394 |
|  | GrainCorp Ltd., Class A | 1099366 | 4680601 |
|  | Grange Resources Ltd. | 3012722 | 386128 |
|  | GWA Group Ltd. | 1036706 | 1575885 |
|  | Hafnia Ltd. | 594739 | 2741506 |
|  | Hansen Technologies Ltd. | 728817 | 2529037 |
|  | Harvey Norman Holdings Ltd. | 2353566 | 7868795 |
|  \* | Healius Ltd. | 4421142 | 4116208 |
|  | Helia Group Ltd. | 2111355 | 6543948 |
|  \* | Highfield Resources Ltd. | 332037 | 28129 |
|  \* | Hillgrove Resources Ltd. | 812234 | 18237 |
|  | Horizon Oil Ltd. | 237477 | 28127 |
|  | HUB24 Ltd. | 124786 | 5764963 |
|  # | Humm Group Ltd. | 1782108 | 582631 |
|  # | IDP Education Ltd. | 216089 | 1225517 |
|  | IGO Ltd. | 733814 | 1838641 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Iluka Resources Ltd. | 1567192 | $4152116 |
|  | Imdex Ltd. | 1592388 | 3012471 |
|  #\* | Immutep Ltd. (IMM AU) | 425572 | 73442 |
|  #\* | Immutep Ltd. (IMMP US), Sponsored ADR | 5613 | 9598 |
|  \* | ImpediMed Ltd. | 12557 | 307 |
|  \* | Imugene Ltd. | 3662603 | 56684 |
|  # | Infomedia Ltd. | 1643926 | 1304789 |
|  | Inghams Group Ltd. | 1676110 | 3679668 |
|  \* | Insignia Financial Ltd. | 2618831 | 6310459 |
|  | Insurance Australia Group Ltd. | 5989377 | 31459019 |
|  # | Integral Diagnostics Ltd. | 832105 | 1286808 |
|  #\* | ioneer Ltd. | 1638925 | 151820 |
|  # | IPD Group Ltd. | 21113 | 54085 |
|  | IPH Ltd. | 758643 | 2215885 |
|  | IRESS Ltd. | 208981 | 1064210 |
|  | IVE Group Ltd. | 423738 | 714747 |
|  | JB Hi-Fi Ltd. | 443358 | 29380329 |
|  # | Johns Lyng Group Ltd. | 847441 | 1205201 |
|  \* | Judo Capital Holdings Ltd. | 282398 | 321966 |
|  # | Jupiter Mines Ltd. | 3457698 | 331511 |
|  # | Karoon Energy Ltd. | 3163888 | 2912511 |
|  # | Kelsian Group Ltd. | 347540 | 603790 |
|  # | Kogan.com Ltd. | 163297 | 470506 |
|  | Lendlease Corp. Ltd. | 1771905 | 5970462 |
|  # | Lifestyle Communities Ltd. | 334182 | 1526492 |
|  # | Lindsay Australia Ltd. | 315534 | 143571 |
|  #\* | Liontown Resources Ltd. | 918176 | 308452 |
|  | Lottery Corp. Ltd. | 3159237 | 10528242 |
|  # | Lovisa Holdings Ltd. | 287828 | 4595037 |
|  # | Lycopodium Ltd. | 97952 | 679737 |
|  #\* | Lynas Rare Earths Ltd. | 1285098 | 7025313 |
|  | MA Financial Group Ltd. | 229293 | 973639 |
|  # | Maas Group Holdings Ltd. | 20979 | 53124 |
|  | Macmahon Holdings Ltd. | 4944481 | 857136 |
|  | Macquarie Group Ltd. | 184518 | 22801817 |
|  \* | Macquarie Technology Group Ltd. | 22558 | 858340 |
|  # | Mader Group Ltd. | 24395 | 99536 |
|  # | Magellan Financial Group Ltd. | 868642 | 4258561 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  \* | Mayne Pharma Group Ltd. | 280148 | $1259468 |
|  # | McMillan Shakespeare Ltd. | 290019 | 2841455 |
|  \* | McPherson's Ltd. | 428353 | 72510 |
|  | Medibank Pvt Ltd. | 3885523 | 11558361 |
|  #\* | Megaport Ltd. | 399311 | 2937564 |
|  \* | Mesoblast Ltd. (MESO US), ADR | 796 | 9074 |
|  #\* | Mesoblast Ltd. (MSB AU) | 613688 | 706478 |
|  #\* | Metals X Ltd. | 2644985 | 956386 |
|  # | Metcash Ltd. | 4197178 | 8645223 |
|  \* | Michael Hill International Ltd. (MHJ AU) | 70160 | 17958 |
|  \* | Michael Hill International Ltd. (MHJ NZ) | 72300 | 18556 |
|  #\* | Mineral Resources Ltd. | 363574 | 4781355 |
|  | Monadelphous Group Ltd. | 342296 | 3539595 |
|  | Monash IVF Group Ltd. | 1198480 | 645255 |
|  #\* | Mount Gibson Iron Ltd. | 2911198 | 578455 |
|  | Myer Holdings Ltd. | 9202242 | 4245270 |
|  # | MyState Ltd. | 630564 | 1575078 |
|  \* | Nanosonics Ltd. | 250778 | 770037 |
|  | National Australia Bank Ltd. | 2515057 | 58074436 |
|  | Navigator Global Investments Ltd. | 1285450 | 1440852 |
|  | Netwealth Group Ltd. | 530104 | 9524401 |
|  # | New Hope Corp. Ltd. | 2337069 | 5482417 |
|  #\* | NEXTDC Ltd. | 556191 | 4222787 |
|  | nib holdings Ltd. | 1983875 | 8654943 |
|  # | Nick Scali Ltd. | 393426 | 4480253 |
|  | Nickel Industries Ltd. | 4467272 | 1613226 |
|  | Nine Entertainment Co. Holdings Ltd. | 4512525 | 4135549 |
|  | Northern Star Resources Ltd. | 2398923 | 29467591 |
|  #\* | Novonix Ltd. | 172214 | 46993 |
|  | NRW Holdings Ltd. | 2713669 | 4703548 |
|  | Nufarm Ltd. | 1784744 | 4406301 |
|  \* | Nuix Ltd. | 356322 | 555709 |
|  | Objective Corp. Ltd. | 55180 | 553137 |
|  #\* | OFX Group Ltd. | 1039129 | 753391 |
|  \* | OM Holdings Ltd. | 418603 | 86811 |
|  \* | Omni Bridgeway Ltd. | 831931 | 777863 |
|  # | oOh!media Ltd. | 2361047 | 2313177 |
|  | Orica Ltd. | 1426838 | 14810359 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Origin Energy Ltd. | 2632725 | $17944667 |
|  | Orora Ltd. | 6473023 | 7499787 |
|  | Pacific Current Group Ltd. | 236569 | 1681417 |
|  #\* | Paladin Energy Ltd. | 545773 | 2028129 |
|  \* | Pantoro Gold Ltd. | 68658 | 127978 |
|  \* | Paragon Care Ltd. | 160736 | 43234 |
|  | Peet Ltd. | 1092350 | 994576 |
|  #\* | Peninsula Energy Ltd. | 24055 | 9553 |
|  \* | PeopleIN Ltd. | 68789 | 33641 |
|  # | Pepper Money Ltd. | 77310 | 72659 |
|  | Perenti Ltd. | 3957368 | 3460968 |
|  # | Perpetual Ltd. | 424014 | 4504430 |
|  | Perseus Mining Ltd. | 6318689 | 13542276 |
|  \* | PEXA Group Ltd. | 372441 | 2869654 |
|  #\* | Pilbara Minerals Ltd. | 4457990 | 4294994 |
|  | Pinnacle Investment Management Group Ltd. | 151739 | 1749948 |
|  # | Platinum Asset Management Ltd. | 1461947 | 532438 |
|  \* | PointsBet Holdings Ltd. | 49262 | 34652 |
|  \* | PPK Mining Equipment Group Pty. Ltd. | 3734 | 0 |
|  # | Praemium Ltd. | 694612 | 330519 |
|  # | Premier Investments Ltd. | 416034 | 5541671 |
|  | Pro Medicus Ltd. | 129219 | 18947423 |
|  # | Propel Funeral Partners Ltd. | 109432 | 362173 |
|  # | PWR Holdings Ltd. | 332039 | 1455466 |
|  | Qantas Airways Ltd. | 833452 | 4712271 |
|  | QBE Insurance Group Ltd. | 2549607 | 35235368 |
|  | Qube Holdings Ltd. | 3861608 | 9776463 |
|  # | Ramelius Resources Ltd. | 5243941 | 8824532 |
|  # | Ramsay Health Care Ltd. | 382580 | 8145380 |
|  # | REA Group Ltd. | 72139 | 11461426 |
|  #\* | ReadyTech Holdings Ltd. | 19841 | 26751 |
|  # | Reece Ltd. | 307194 | 3097831 |
|  | Regis Healthcare Ltd. | 600786 | 2627813 |
|  \* | Regis Resources Ltd. | 2943283 | 8509290 |
|  | Reject Shop Ltd. | 125143 | 522388 |
|  | Reliance Worldwide Corp. Ltd. | 2806829 | 7545532 |
|  # | Resimac Group Ltd. | 61700 | 33636 |
|  \* | Resolute Mining Ltd. | 10185848 | 3325046 |
|  #\* | Retail Food Group Ltd. | 25031 | 28051 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  # | Ridley Corp. Ltd. | 1305429 | $1973312 |
|  # | Rio Tinto Ltd. | 683883 | 51166229 |
|  \* | RPMGlobal Holdings Ltd. | 589917 | 1040696 |
|  \* | Sandfire Resources Ltd. | 2243286 | 14287238 |
|  | Santos Ltd. | 10353005 | 39800709 |
|  | SEEK Ltd. | 412507 | 5615867 |
|  \* | Select Harvests Ltd. | 790774 | 2592253 |
|  # | Servcorp Ltd. | 229479 | 741895 |
|  | Service Stream Ltd. | 2922631 | 3500379 |
|  #\* | Seven West Media Ltd. | 4171906 | 373370 |
|  | SGH Ltd. | 512804 | 16771082 |
|  | Shaver Shop Group Ltd. | 416027 | 339079 |
|  # | Sigma Healthcare Ltd. | 7513131 | 14497874 |
|  \* | Silver Mines Ltd. | 669087 | 47220 |
|  | Sims Ltd. (SGM AU) | 664743 | 6204708 |
|  | SmartGroup Corp. Ltd. | 511157 | 2563364 |
|  | Solvar Ltd. | 812136 | 842561 |
|  | Sonic Healthcare Ltd. | 688547 | 11496642 |
|  | South32 Ltd. (S32 AU) | 7811984 | 13462354 |
|  | South32 Ltd. (SOUHY US), ADR | 402590 | 3466300 |
|  | Southern Cross Electrical Engineering Ltd. | 232867 | 279274 |
|  #\* | Southern Cross Media Group Ltd. | 901908 | 385170 |
|  \* | Spartan Resources Ltd. | 104085 | 135025 |
|  \*†† | SpeedCast International Ltd. | 1370682 | 0 |
|  # | SRG Global Ltd. | 660013 | 546276 |
|  #\* | St Barbara Ltd. | 4075611 | 756379 |
|  | Stanmore Resources Ltd. | 871097 | 1081996 |
|  #\* | Star Entertainment Group Ltd. | 6119859 | 406700 |
|  | Steadfast Group Ltd. | 2097992 | 7883967 |
|  \*†† | Strandline Resources Ltd. | 1026220 | 11832 |
|  #\* | Strike Energy Ltd. | 1110340 | 121049 |
|  | Suncorp Group Ltd. | 1829071 | 23785394 |
|  | Super Retail Group Ltd. | 1047902 | 8987149 |
|  \* | Superloop Ltd. | 1345064 | 2151105 |
|  #\* | Syrah Resources Ltd. | 2816556 | 450706 |
|  | Tabcorp Holdings Ltd. | 10149476 | 3617483 |
|  | Technology One Ltd. | 1011227 | 19518875 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  #\* | Telix Pharmaceuticals Ltd. | 57414 | $998076 |
|  # | Telstra Group Ltd. (TLGPY US), ADR | 31198 | 452215 |
|  | Telstra Group Ltd. (TLS AU) | 5234712 | 15107882 |
|  \* | Temple & Webster Group Ltd. | 50076 | 571440 |
|  | Ten Sixty Four Ltd. | 1871019 | 131833 |
|  | Terracom Ltd. | 2027778 | 80674 |
|  # | TPG Telecom Ltd. | 1021035 | 3306175 |
|  | Transurban Group | 1336306 | 12041952 |
|  # | Treasury Wine Estates Ltd. | 1014201 | 5797160 |
|  \* | Tuas Ltd. | 821465 | 2966556 |
|  #\* | Tyro Payments Ltd. | 706489 | 365644 |
|  # | Universal Store Holdings Ltd. | 8603 | 42406 |
|  \* | Vault Minerals Ltd. | 24538078 | 6752130 |
|  | Ventia Services Group Pty. Ltd. | 3687213 | 9983077 |
|  #W | Viva Energy Group Ltd. | 3810291 | 4189510 |
|  \* | Vulcan Energy Resources Ltd. | 4031 | 12568 |
|  \* | Vysarn Ltd. | 7706 | 2046 |
|  #\* | WEB Travel Group Ltd. | 708501 | 1948275 |
|  \* | Webjet Group Ltd. | 708501 | 290215 |
|  | Wesfarmers Ltd. | 867784 | 43472705 |
|  \* | West African Resources Ltd. | 5302512 | 8115021 |
|  | Westgold Resources Ltd. | 2552174 | 4848432 |
|  | Westpac Banking Corp. | 2426921 | 50929326 |
|  | Whitehaven Coal Ltd. | 2456702 | 7858342 |
|  | WiseTech Global Ltd. | 94875 | 5394870 |
|  | Woodside Energy Group Ltd. (WDS AU) | 2733215 | 35627819 |
|  | Woodside Energy Group Ltd. (WDS LN) | 299211 | 3975021 |
|  # | Woodside Energy Group Ltd. (WDS US), ADR | 460399 | 5962167 |
|  | Woolworths Group Ltd. | 1061159 | 21416983 |
|  | Worley Ltd. | 1029689 | 8203615 |
|  #\* | Xanadu Mines Ltd. | 147601 | 5862 |
|  | XRF Scientific Ltd. | 283906 | 278338 |
|  # | Yancoal Australia Ltd. | 1299617 | 4144042 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  #\* | Zip Co. Ltd. | 2069645 | $| 2318553 |
|  TOTAL AUSTRALIA | TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 1925198466 |
|  AUSTRIA — (0.6%) | AUSTRIA — (0.6%) | AUSTRIA — (0.6%) | AUSTRIA — (0.6%) | AUSTRIA — (0.6%) |
|  | Addiko Bank AG | 10150 |  | 227623 |
|  | Agrana Beteiligungs AG | 49302 |  | 664184 |
|  \* | ams-OSRAM AG | 331240 |  | 2940584 |
|  | ANDRITZ AG | 335732 |  | 24125604 |
|  #\* | AT&S Austria Technologie & Systemtechnik AG | 45056 |  | 729623 |
|  W | BAWAG Group AG | 250872 |  | 27497578 |
|  | CA Immobilien Anlagen AG | 101816 |  | 2756443 |
|  #\* | CPI Europe AG | 93741 |  | 1854446 |
|  \* | DO & Co. AG | 34540 |  | 5517333 |
|  | Erste Group Bank AG | 374745 |  | 25378334 |
|  \* | Eurotelesites AG | 148219 |  | 841610 |
|  | EVN AG | 167785 |  | 4390801 |
|  | Fabasoft AG | 4612 |  | 89942 |
|  \* | FACC AG | 18573 |  | 147574 |
|  | Frequentis AG | 407 |  | 18102 |
|  \* | Immofinanz AG (IIA AV) | 223231 |  | 0 |
|  \* | Kapsch TrafficCom AG | 9730 |  | 71854 |
|  | Kontron AG | 168742 |  | 4100445 |
|  #\* | Lenzing AG | 50020 |  | 1573106 |
|  | Mayr Melnhof Karton AG | 19515 |  | 1808121 |
|  | Oberbank AG | 5628 |  | 447530 |
|  | Oesterreichische Post AG | 143438 |  | 4835965 |
|  | OMV AG | 527444 |  | 27270759 |
|  | Palfinger AG | 46816 |  | 1525900 |
|  \* | POLYTEC Holding AG | 63853 |  | 209383 |
|  | Porr AG | 65497 |  | 2293421 |
|  | Raiffeisen Bank International AG | 367971 |  | 9828979 |
|  # | Schoeller-Bleckmann Oilfield Equipment AG | 16047 |  | 570178 |
|  | Semperit AG Holding | 25048 |  | 370943 |
|  | Strabag SE (STR AV) | 17369 |  | 1523851 |
|  | Telekom Austria AG | 532431 |  | 5624514 |
|  \* | UBM Development AG | 5647 |  | 123668 |
|  | UNIQA Insurance Group AG | 254600 |  | 2950221 |
|  | Verbund AG | 82944 |  | 6374327 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) |
|  | Vienna Insurance Group AG Wiener Versicherung Gruppe | 182465 | $| 8678476 |
|  | voestalpine AG | 414092 |  | 10912173 |
|  | Wienerberger AG | 305412 |  | 10723593 |
|  | Zumtobel Group AG | 103076 |  | 540575 |
|  TOTAL AUSTRIA | TOTAL AUSTRIA | TOTAL AUSTRIA |  | 199537763 |
|  BELGIUM — (1.1%) | BELGIUM — (1.1%) | BELGIUM — (1.1%) | BELGIUM — (1.1%) | BELGIUM — (1.1%) |
|  | Ackermans & van Haaren NV | 113643 |  | 27795641 |
|  | Ageas SA | 666438 |  | 41796481 |
|  #\* | AGFA-Gevaert NV | 630690 |  | 655074 |
|  | Anheuser-Busch InBev SA (ABI BB) | 1104699 |  | 72809554 |
|  | Anheuser-Busch InBev SA (BUD US), Sponsored ADR | 59509 |  | 3916287 |
|  \* | Atenor | 22912 |  | 75856 |
|  | Azelis Group NV | 181217 |  | 2807964 |
|  | Barco NV | 59649 |  | 816167 |
|  | Bekaert SA | 174233 |  | 6723030 |
|  # | bpost SA | 342803 |  | 549754 |
|  | Cie d'Entreprises CFE | 55505 |  | 484074 |
|  # | CMB Tech NV | 24625 |  | 234184 |
|  | Colruyt Group NV | 240255 |  | 11553302 |
|  | Deceuninck NV | 320114 |  | 776963 |
|  | Deme Group NV | 44003 |  | 6595890 |
|  | D'ieteren Group | 16443 |  | 3283681 |
|  | Econocom Group SA NV | 329215 |  | 682722 |
|  # | Elia Group SA | 70721 |  | 7667538 |
|  | EVS Broadcast Equipment SA | 57926 |  | 2423130 |
|  | Fagron | 310754 |  | 7244004 |
|  \* | Galapagos NV (GLPG BB) | 152486 |  | 4152233 |
|  \* | Galapagos NV (GLPG NA) | 5271 |  | 143531 |
|  | Gimv NV | 130203 |  | 5863005 |
|  | Greenyard NV | 36121 |  | 292075 |
|  \* | Hyloris Pharmaceuticals SA | 739 |  | 4896 |
|  #\* | Immobel SA | 12649 |  | 259579 |
|  # | Ion Beam Applications | 15980 |  | 190368 |
|  | Jensen-Group NV | 9952 |  | 484352 |
|  | KBC Group NV | 813570 |  | 75018279 |
|  # | Kinepolis Group NV | 52332 |  | 1803868 |
|  | Lotus Bakeries NV | 1423 |  | 13682248 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) |
|  # | Melexis NV | 73001 | $| 4380678 |
|  \* | Nyxoah SA | 1115 |  | 6846 |
|  \* | Ontex Group NV | 312803 |  | 2567872 |
|  \* | Orange Belgium SA | 143087 |  | 2446142 |
|  | Proximus SADP | 520898 |  | 4000823 |
|  # | Recticel SA | 168419 |  | 2039412 |
|  | Roularta Media Group NV | 304 |  | 5289 |
|  | Sipef NV | 19091 |  | 1388263 |
|  # | Solvay SA | 311505 |  | 11788138 |
|  | Syensqo SA | 311505 |  | 22282821 |
|  | Tessenderlo Group SA | 104395 |  | 3089905 |
|  | UCB SA | 84899 |  | 15565307 |
|  | Umicore SA | 278044 |  | 2527430 |
|  | Van de Velde NV | 26441 |  | 989249 |
|  # | VGP NV | 42265 |  | 3910623 |
|  # | Viohalco SA | 173711 |  | 1080942 |
|  | What's Cooking BV | 2086 |  | 256418 |
|  #\*W | X-Fab Silicon Foundries SE | 220636 |  | 1230254 |
|  TOTAL BELGIUM | TOTAL BELGIUM | TOTAL BELGIUM |  | 380342142 |
|  CANADA — (10.3%) | CANADA — (10.3%) | CANADA — (10.3%) | CANADA — (10.3%) | CANADA — (10.3%) |
|  \* | 5N Plus, Inc. | 227024 |  | 1093457 |
|  | Acadian Timber Corp. | 48264 |  | 604613 |
|  \* | ACT Energy Technologies Ltd. | 11543 |  | 40608 |
|  | ADENTRA, Inc. | 51593 |  | 1010828 |
|  # | ADF Group, Inc. | 62077 |  | 273776 |
|  \* | Advantage Energy Ltd. | 1243333 |  | 8829414 |
|  | Aecon Group, Inc. | 304780 |  | 3568221 |
|  | Africa Oil Corp. | 628125 |  | 820125 |
|  # | Ag Growth International, Inc. | 80892 |  | 1949247 |
|  | AGF Management Ltd., Class B | 361684 |  | 2691773 |
|  | Agnico Eagle Mines Ltd. (AEM CN) | 230701 |  | 27114814 |
|  | Agnico Eagle Mines Ltd. (AEM US) | 415090 |  | 48806287 |
|  #\* | Aimia, Inc. | 195436 |  | 368587 |
|  #\* | Air Canada | 478277 |  | 4846605 |
|  | AirBoss of America Corp. | 80783 |  | 228532 |
|  | Alamos Gold, Inc. (AGI CN), Class A | 821900 |  | 23495645 |
|  | Alamos Gold, Inc. (AGI US), Class A | 151254 |  | 4313763 |
|  | Algoma Central Corp. | 18060 |  | 201744 |
|  # | Algonquin Power & Utilities Corp. (AQN CN) | 747141 |  | 4026736 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Algonquin Power & Utilities Corp. (AQN US) | 672046 | $3615607 |
|  | Alimentation Couche-Tard, Inc. | 723830 | 37782393 |
|  | AltaGas Ltd. | 840207 | 24866129 |
|  | Altius Minerals Corp. | 74789 | 1469632 |
|  # | Altus Group Ltd. | 45784 | 1705027 |
|  | Amerigo Resources Ltd. | 433074 | 543463 |
|  | Andlauer Healthcare Group, Inc. | 57562 | 2233837 |
|  | Andrew Peller Ltd., Class A | 102169 | 331275 |
|  | ARC Resources Ltd. | 2180847 | 40355012 |
|  \* | Aritzia, Inc. | 392273 | 13797561 |
|  | Atco Ltd., Class I | 171385 | 6443410 |
|  \* | Athabasca Oil Corp. | 2130660 | 7016681 |
|  | AtkinsRealis Group, Inc. | 331030 | 16393021 |
|  \* | ATS Corp. (ATS CN) | 176730 | 4453504 |
|  | Aura Minerals, Inc. | 3100 | 64087 |
|  #\* | Aurora Cannabis, Inc. (ACB CN) | 1289 | 5966 |
|  #\* | Aurora Cannabis, Inc. (ACB US) | 13112 | 60839 |
|  #\* | AutoCanada, Inc. | 161032 | 1821042 |
|  | B2Gold Corp. (BTG US) | 2296754 | 7142905 |
|  | B2Gold Corp. (BTO CN) | 5547754 | 17344277 |
|  | Badger Infrastructure Solution | 161647 | 4605755 |
|  #\* | Ballard Power Systems, Inc. (BLDP CN) | 231472 | 282078 |
|  #\* | Ballard Power Systems, Inc. (BLDP US) | 381989 | 466027 |
|  | Bank of Montreal (BMO US) | 739051 | 70564589 |
|  | Bank of Nova Scotia (BNS CN) | 156246 | 7817966 |
|  | Bank of Nova Scotia (BNS US) | 933185 | 46640586 |
|  | Barrick Gold Corp. (0R22 LI) | 412954 | 7839230 |
|  | Barrick Gold Corp. (GOLD US) | 1668708 | 31772200 |
|  \* | Bausch & Lomb Corp. | 14194 | 164083 |
|  #\* | Bausch Health Cos., Inc. (BHC US) | 651117 | 3450920 |
|  # | Baytex Energy Corp. | 1114192 | 1721478 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  # | BCE, Inc. (BCE CN) | 6541 | $145377 |
|  | BCE, Inc. (BCE US) | 85709 | 1907025 |
|  | Birchcliff Energy Ltd. | 991440 | 4048895 |
|  | Bird Construction, Inc. | 211573 | 3239740 |
|  | Black Diamond Group Ltd. | 290513 | 1715346 |
|  #\* | BlackBerry Ltd. | 247841 | 842659 |
|  | BMTC Group, Inc. | 7200 | 61367 |
|  \* | Bombardier, Inc. (BBD/A CN), Class A | 6184 | 411115 |
|  #\* | Bombardier, Inc. (BBD/B CN), Class B | 199955 | 13216234 |
|  \* | Bonterra Energy Corp. | 136052 | 312843 |
|  | Boralex, Inc., Class A | 265755 | 5902668 |
|  # | Boyd Group Services, Inc. | 66786 | 9592070 |
|  | Brookfield Corp. (BN US) | 263211 | 14126534 |
|  # | Brookfield Infrastructure Corp., Class A | 197857 | 7410994 |
|  # | BRP, Inc. (DOO CN) | 74840 | 2535201 |
|  | BRP, Inc. (DOOO US) | 9048 | 306637 |
|  #\* | CAE, Inc. (CAE US) | 473964 | 11858579 |
|  \* | Calfrac Well Services Ltd. | 67258 | 161486 |
|  | Calian Group Ltd. | 30349 | 1047443 |
|  # | Cameco Corp. (CCJ US) | 104370 | 4712306 |
|  | Canaccord Genuity Group, Inc. | 410737 | 2517572 |
|  \* | Canacol Energy Ltd. | 105174 | 226582 |
|  #\* | Canada Goose Holdings, Inc. (GOOS CN) | 47682 | 399137 |
|  #\* | Canada Goose Holdings, Inc. (GOOS US) | 13667 | 114256 |
|  # | Canadian Imperial Bank of Commerce (CM US) | 751848 | 47328832 |
|  | Canadian National Railway Co. (CNI US) | 352208 | 34100779 |
|  | Canadian National Railway Co. (CNR CN) | 32594 | 3156554 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |  |
|  | Canadian Natural Resources Ltd. (CNQ US) | 2662241 | $76379694 |
|  | Canadian Pacific Kansas City Ltd. (CP US) | 233836 | 16946095 |
|  # | Canadian Tire Corp. Ltd., Class A | 213331 | 23347876 |
|  | Canadian Utilities Ltd., Class A | 205888 | 5763251 |
|  #\* | Canfor Corp. | 370356 | 3538074 |
|  # | Capital Power Corp. | 337169 | 12800976 |
|  \* | Capstone Copper Corp. | 2816417 | 13565218 |
|  # | Cardinal Energy Ltd. | 603543 | 2512937 |
|  | Cargojet, Inc. | 7533 | 466100 |
|  | Cascades, Inc. | 262536 | 1681556 |
|  | CCL Industries, Inc., Class B | 425261 | 22222401 |
|  \* | Celestica, Inc. (CLS CN) | 180887 | 15434309 |
|  #\* | Celestica, Inc. (CLS US) | 430580 | 36750003 |
|  | Cenovus Energy, Inc. (CVE CN) | 665241 | 7831758 |
|  | Cenovus Energy, Inc. (CVE US) | 3259415 | 38363315 |
|  | Centerra Gold, Inc. | 1062702 | 7115000 |
|  | CES Energy Solutions Corp. | 1165479 | 5140079 |
|  | CGI, Inc. (GIB US) | 132544 | 14057617 |
|  | CGI, Inc. (GIBA CN) | 174898 | 18545328 |
|  \*†† | Chesswood Group Ltd. | 24123 | 5949 |
|  | China Gold International Resources Corp. Ltd. (CGG CN) | 2627562 | 16410350 |
|  | CI Financial Corp. | 646107 | 14645904 |
|  \* | Cineplex, Inc. | 2825 | 20225 |
|  \* | Cipher Pharmaceuticals, Inc. | 5529 | 54223 |
|  | Clairvest Group, Inc. | 516 | 26406 |
|  # | Cogeco Communications, Inc. | 78957 | 3883131 |
|  | Cogeco, Inc. | 23757 | 1104961 |
|  \* | Colabor Group, Inc. | 27100 | 19461 |
|  | Colliers International Group, Inc. (CIGI CN) | 10139 | 1212105 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Colliers International Group, Inc. (CIGI US) | 73682 | $8795420 |
|  | Computer Modelling Group Ltd. | 361211 | 2083003 |
|  \* | Conifex Timber, Inc. | 32928 | 8002 |
|  | Constellation Software, Inc. | 18501 | 66675935 |
|  | Corby Spirit & Wine Ltd. | 38585 | 426825 |
|  \* | Cronos Group, Inc. (CRON CN) | 8403 | 15787 |
|  #\* | Cronos Group, Inc. (CRON US) | 680834 | 1279968 |
|  \* | Culico Metals, Inc. | 31776 | 2881 |
|  | Definity Financial Corp. | 214184 | 10690556 |
|  #\* | Denison Mines Corp. (DML CN) | 1668715 | 2396675 |
|  # | dentalcorp Holdings Ltd. | 26849 | 163789 |
|  \* | Descartes Systems Group, Inc. (DSG CN) | 34366 | 3619074 |
|  \* | Descartes Systems Group, Inc. (DSGX US) | 31478 | 3317466 |
|  | Dexterra Group, Inc. | 149186 | 928488 |
|  \* | Docebo, Inc. | 13058 | 408998 |
|  | Dollarama, Inc. | 431147 | 53197523 |
|  # | Doman Building Materials Group Ltd. | 344477 | 1719137 |
|  \* | Dorel Industries, Inc., Class B | 177248 | 213428 |
|  | DREAM Unlimited Corp., Class A | 134593 | 1855950 |
|  | Dundee Precious Metals, Inc. | 872687 | 11438745 |
|  # | Dye & Durham Ltd. | 68293 | 442869 |
|  | Dynacor Group, Inc. | 7600 | 26186 |
|  | ECN Capital Corp. | 5600 | 11333 |
|  | E-L Financial Corp. Ltd. | 538 | 527697 |
|  \* | Eldorado Gold Corp. (EGO US) | 91679 | 1727232 |
|  \* | Eldorado Gold Corp. (ELD CN) | 795056 | 14959921 |
|  | Element Fleet Management Corp. | 1666595 | 36496811 |
|  # | Emera, Inc. | 376820 | 16960453 |
|  | Empire Co. Ltd., Class A | 569865 | 21164288 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  # | Enbridge, Inc. (ENB CN) | 22 | $1030 |
|  | Enbridge, Inc. (ENB US) | 936844 | 43741246 |
|  #\* | Endeavour Silver Corp. (EDR CN) | 157495 | 571214 |
|  | Enerflex Ltd. (EFX CN) | 543967 | 3559105 |
|  \* | Energy Fuels, Inc. | 205896 | 936435 |
|  | Enghouse Systems Ltd. | 161492 | 2934408 |
|  \* | Ensign Energy Services, Inc. | 694761 | 907130 |
|  # | EQB, Inc. | 151456 | 10470964 |
|  #\* | Equinox Gold Corp. (EQX CN) | 203196 | 1366333 |
|  \* | Equinox Gold Corp. (EQX US) | 1160255 | 7773709 |
|  #\* | ERO Copper Corp. (ERO CN) | 67234 | 839815 |
|  \* | ERO Copper Corp. (ERO US) | 243774 | 3039862 |
|  | Evertz Technologies Ltd. | 127536 | 1014848 |
|  # | Exchange Income Corp. | 106691 | 3920620 |
|  | Exco Technologies Ltd. | 114408 | 473035 |
|  | Extendicare, Inc. | 293896 | 2941945 |
|  | Fairfax Financial Holdings Ltd. | 39944 | 62361433 |
|  | Fiera Capital Corp. | 105010 | 482165 |
|  | Finning International, Inc. | 668984 | 18881595 |
|  \* | Firan Technology Group Corp. | 11249 | 73438 |
|  | Firm Capital Mortgage Investment Corp. | 150718 | 1294430 |
|  # | First Majestic Silver Corp. (AG US) | 637865 | 3993035 |
|  # | First Majestic Silver Corp. (FR CN) | 82658 | 516238 |
|  | First National Financial Corp. | 78535 | 2132852 |
|  \* | First Quantum Minerals Ltd. | 922566 | 12386986 |
|  | FirstService Corp. (FSV CN) | 4407 | 773479 |
|  | FirstService Corp. (FSV US) | 78004 | 13692042 |
|  # | Fortis, Inc. (FTS CN) | 205753 | 10189146 |
|  | Fortis, Inc. (FTS US) | 209270 | 10360958 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  #\* | Fortuna Mining Corp. (FSM US) | 267189 | $1669931 |
|  \* | Fortuna Mining Corp. (FVI CN) | 1253300 | 7818353 |
|  | Franco-Nevada Corp. (FNV US) | 79087 | 13585565 |
|  # | Freehold Royalties Ltd. | 540256 | 4471436 |
|  | Frontera Energy Corp. | 98527 | 355915 |
|  #\* | Galiano Gold, Inc. | 678538 | 920402 |
|  | Gamehost, Inc. | 83742 | 603798 |
|  \* | GDI Integrated Facility Services, Inc. | 21121 | 481221 |
|  | George Weston Ltd. | 114877 | 22382099 |
|  # | GFL Environmental, Inc. | 150752 | 7522525 |
|  | Gibson Energy, Inc. | 660600 | 10393453 |
|  | Gildan Activewear, Inc. (GIL CN) | 131307 | 6051018 |
|  | Gildan Activewear, Inc. (GIL US) | 359798 | 16593884 |
|  | goeasy Ltd. | 73651 | 8315522 |
|  \* | GoldMoney, Inc. | 7739 | 44799 |
|  \* | Gran Tierra Energy, Inc. (GTE CN) | 168240 | 746865 |
|  | Great-West Lifeco, Inc. | 244073 | 9491334 |
|  \* | Greenfire Resources Ltd. | 4694 | 21874 |
|  | Guardian Capital Group Ltd., Class A | 23906 | 697966 |
|  \* | Haivision Systems, Inc. | 38800 | 114267 |
|  | Hammond Manufacturing Co. Ltd., Class A | 1600 | 9923 |
|  # | Hammond Power Solutions, Inc. | 34395 | 2290339 |
|  \*†† | Hanfeng Evergreen, Inc. | 42625 | 0 |
|  | Headwater Exploration, Inc. | 878608 | 3568987 |
|  | High Liner Foods, Inc. | 90421 | 1111078 |
|  \* | HLS Therapeutics, Inc. | 1000 | 3076 |
|  | Hudbay Minerals, Inc. (HBM CN) | 2516716 | 18310358 |
|  W | Hydro One Ltd. | 274288 | 10552906 |
|  #\* | i-80 Gold Corp. | 413213 | 257771 |
|  | iA Financial Corp., Inc | 410077 | 39835711 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  \* | IAMGOLD Corp. (IAG US) | 15714 | $111255 |
|  \* | IAMGOLD Corp. (IMG CN) | 2715226 | 19242534 |
|  | IGM Financial, Inc. | 251399 | 7989112 |
|  #\* | Imperial Metals Corp. | 164385 | 414957 |
|  | Imperial Oil Ltd. (IMO US) | 231727 | 15613765 |
|  # | Information Services Corp. | 31209 | 603987 |
|  | Innergex Renewable Energy, Inc. | 303262 | 2987309 |
|  | InPlay Oil Corp. | 2882 | 14550 |
|  | Intact Financial Corp. | 141040 | 31323239 |
|  \* | Interfor Corp. | 265657 | 2559064 |
|  \* | International Petroleum Corp. (IPCO CN) | 23432 | 311894 |
|  #\* | International Petroleum Corp. (IPCO SS) | 414659 | 5666165 |
|  #\* | Ivanhoe Mines Ltd., Class A | 241559 | 2144699 |
|  W | Jamieson Wellness, Inc. | 69440 | 1609320 |
|  \* | K92 Mining, Inc. | 385674 | 3547328 |
|  | K-Bro Linen, Inc. | 32564 | 826973 |
|  \* | Kelt Exploration Ltd. | 835753 | 3388843 |
|  | Keyera Corp. | 630510 | 19570233 |
|  \* | Kinaxis, Inc. | 51594 | 6966650 |
|  | Kinross Gold Corp. (K CN) | 5951051 | 87845559 |
|  \* | Knight Therapeutics, Inc. | 332704 | 1467315 |
|  \* | Kolibri Global Energy, Inc. | 26102 | 177030 |
|  | KP Tissue, Inc. | 37940 | 219890 |
|  # | Labrador Iron Ore Royalty Corp. | 264024 | 5718669 |
|  #\* | Laramide Resources Ltd. | 26500 | 13456 |
|  #\* | Largo, Inc. (LGO CN) | 59040 | 90791 |
|  | Lassonde Industries, Inc., Class A | 9485 | 1425984 |
|  | Laurentian Bank of Canada | 186528 | 3701876 |
|  | Leon's Furniture Ltd. | 151048 | 2520023 |
|  #\* | Lightspeed Commerce, Inc. (LSPD CN) | 1400 | 13699 |
|  #\* | Lightspeed Commerce, Inc. (LSPD US) | 528015 | 5174547 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  \*†† | Lightstream Resources Ltd. | 696278 | $0 |
|  | Linamar Corp. | 264217 | 9695878 |
|  | Loblaw Cos. Ltd. | 147370 | 23923781 |
|  \* | Lotus Creek Exploration, Inc. | 40400 | 25202 |
|  \* | Lucara Diamond Corp. | 1820013 | 462066 |
|  | Lundin Gold, Inc. | 442016 | 18028841 |
|  | Lundin Mining Corp. | 2957041 | 24195142 |
|  | Magellan Aerospace Corp. | 73732 | 727372 |
|  # | Magna International, Inc. (MG CN) | 308444 | 10717008 |
|  # | Magna International, Inc. (MGA US) | 610423 | 21218303 |
|  | Mainstreet Equity Corp. | 17173 | 2319339 |
|  \* | Major Drilling Group International, Inc. | 403554 | 2552583 |
|  \* | Mandalay Resources Corp. | 42348 | 165263 |
|  | Manulife Financial Corp. (MFC CN) | 47 | 1440 |
|  | Manulife Financial Corp. (MFC US) | 994039 | 30437474 |
|  | Maple Leaf Foods, Inc. | 193006 | 3532237 |
|  | Martinrea International, Inc. | 309790 | 1649397 |
|  \* | Mattr Corp. | 274180 | 1893365 |
|  | Maxim Power Corp. | 24537 | 70304 |
|  \* | MDA Space Ltd. | 135249 | 2640034 |
|  | Medical Facilities Corp. | 139805 | 1475528 |
|  # | MEG Energy Corp. | 1254914 | 17604843 |
|  | Melcor Developments Ltd. | 17176 | 150630 |
|  | Methanex Corp. (MEOH US) | 182101 | 5697940 |
|  # | Methanex Corp. (MX CN) | 122100 | 3826142 |
|  | Metro, Inc. | 313098 | 24128490 |
|  | Morguard Corp. | 9968 | 838668 |
|  # | MTY Food Group, Inc. | 74603 | 2346968 |
|  # | Mullen Group Ltd. | 411297 | 3911289 |
|  # | National Bank of Canada | 1164625 | 102286950 |
|  | Neo Performance Materials, Inc. | 42009 | 341594 |
|  \* | New Gold, Inc. (NGD CN) | 4727443 | 18826100 |
|  \* | NFI Group, Inc. | 121143 | 1019338 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | North American Construction Group Ltd. (NOA CN) | 84700 | $1290222 |
|  | North American Construction Group Ltd. (NOA US) | 36817 | 559250 |
|  | North West Co., Inc. | 226559 | 9087997 |
|  # | Northland Power, Inc. | 928763 | 12618403 |
|  | Nutrien Ltd. (NTR CN) | 36595 | 2089104 |
|  # | Nutrien Ltd. (NTR US) | 920125 | 52493154 |
|  \* | NuVista Energy Ltd. | 977858 | 8334420 |
|  #\* | Obsidian Energy Ltd. (OBE CN) | 86800 | 365812 |
|  \* | Obsidian Energy Ltd. (OBE US) | 132429 | 557526 |
|  | OceanaGold Corp. | 3580178 | 12673196 |
|  # | Onex Corp. | 271433 | 19218464 |
|  | Open Text Corp. (OTEX CN) | 61986 | 1678019 |
|  # | Open Text Corp. (OTEX US) | 293399 | 7951113 |
|  \*†† | Orbite Technologies, Inc. | 174500 | 0 |
|  #\* | Organigram Global, Inc. | 34983 | 40580 |
|  \* | Orla Mining Ltd. (ORLA US) | 81263 | 893893 |
|  # | Osisko Gold Royalties Ltd. (OR CN) | 372904 | 8937145 |
|  | Osisko Gold Royalties Ltd. (OR US) | 5600 | 134568 |
|  # | Pan American Silver Corp. (PAAS CN) | 311644 | 7846487 |
|  | Pan American Silver Corp. (PAAS US) | 661560 | 16658078 |
|  # | Paramount Resources Ltd., Class A | 380813 | 4323021 |
|  | Parex Resources, Inc. | 474519 | 3820659 |
|  # | Parkland Corp. | 553381 | 13940898 |
|  | Pason Systems, Inc. | 302458 | 2408958 |
|  | Pembina Pipeline Corp. (PBA US) | 368201 | 14065278 |
|  | Pet Valu Holdings Ltd. | 10549 | 218923 |
|  | Petrus Resources Ltd. | 29921 | 27781 |
|  # | Peyto Exploration & Development Corp. | 877140 | 10981744 |
|  # | PHX Energy Services Corp. | 175346 | 962839 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  # | Pine Cliff Energy Ltd. | 408078 | $162805 |
|  | Pizza Pizza Royalty Corp. | 132141 | 1370678 |
|  | Polaris Renewable Energy, Inc. | 92453 | 802744 |
|  | Pollard Banknote Ltd. | 32696 | 485720 |
|  | PrairieSky Royalty Ltd. | 477607 | 8040953 |
|  \* | Precision Drilling Corp. (PD CN) | 63794 | 2669108 |
|  \* | Precision Drilling Corp. (PDS US) | 5426 | 226377 |
|  | Premium Brands Holdings Corp. | 122018 | 6938192 |
|  # | Propel Holdings, Inc. | 10200 | 199916 |
|  #\* | Quarterhill, Inc. | 578081 | 591248 |
|  | Quebecor, Inc., Class B | 537730 | 14751885 |
|  #\* | Questerre Energy Corp., Class A | 145025 | 27877 |
|  | RB Global, Inc. (RBA CN) | 6709 | 676107 |
|  | RB Global, Inc. (RBA US) | 147125 | 14815488 |
|  \* | Real Matters, Inc. | 4105 | 17896 |
|  | Restaurant Brands International, Inc. (QSR CN) | 40764 | 2626626 |
|  # | Restaurant Brands International, Inc. (QSR US) | 230284 | 14830290 |
|  \* | RF Capital Group, Inc. | 11366 | 68099 |
|  # | Richelieu Hardware Ltd. | 192286 | 4548416 |
|  | Rogers Communications, Inc. (RCI US), Class B | 151950 | 3964376 |
|  # | Rogers Communications, Inc. (RCIB CN), Class B | 472361 | 12314416 |
|  # | Rogers Sugar, Inc. | 365872 | 1499475 |
|  | Royal Bank of Canada (RY CN) | 467930 | 56164498 |
|  | Royal Bank of Canada (RY US) | 1198667 | 143696200 |
|  | Russel Metals, Inc. | 329978 | 9574293 |
|  | Sandstorm Gold Ltd. (SAND US) | 330200 | 2872740 |
|  \* | Sangoma Technologies Corp. | 20967 | 117717 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Saputo, Inc. | 450239 | $8785311 |
|  \* | Saturn Oil & Gas, Inc. | 14900 | 16644 |
|  # | Savaria Corp. | 104914 | 1321128 |
|  #\* | Seabridge Gold, Inc. (SA US) | 135926 | 1689560 |
|  | Secure Waste Infrastructure Corp. | 1105344 | 10527468 |
|  \* | Shopify, Inc. (SHOP US), Class A | 119367 | 11339865 |
|  # | Sienna Senior Living, Inc. | 220493 | 2707781 |
|  \* | SNDL, Inc. | 107315 | 159900 |
|  \* | Source Energy Services Ltd. | 8200 | 54008 |
|  # | South Bow Corp. | 295212 | 7288789 |
|  \* | Spartan Delta Corp. | 43473 | 85142 |
|  W | Spin Master Corp. | 89741 | 1587034 |
|  | Sprott, Inc. (SII CN) | 29477 | 1548707 |
|  | Sprott, Inc. (SII US) | 10961 | 575562 |
|  \* | SSR Mining, Inc. (SSRM CN) | 672353 | 7159544 |
|  \* | SSR Mining, Inc. (SSRM US) | 6434 | 68458 |
|  | Stantec, Inc. (STN CN) | 139694 | 12260971 |
|  | Stantec, Inc. (STN US) | 71176 | 6249253 |
|  | Stella-Jones, Inc. | 249792 | 12248614 |
|  \*W | STEP Energy Services Ltd. | 43194 | 122194 |
|  | StorageVault Canada, Inc. | 532906 | 1457316 |
|  # | Strathcona Resources Ltd. | 4454 | 79575 |
|  | Sun Life Financial, Inc. (SLF CN) | 269659 | 16068828 |
|  | Sun Life Financial, Inc. (SLF US) | 594158 | 35382109 |
|  | Suncor Energy, Inc. (SU CN) | 8 | 298 |
|  | Suncor Energy, Inc. (SU US) | 2627914 | 92739085 |
|  #\* | SunOpta, Inc. (SOY CN) | 83538 | 363578 |
|  #\* | SunOpta, Inc. (STKL US) | 6269 | 27082 |
|  | Superior Plus Corp. | 679883 | 3412731 |
|  | Supremex, Inc. | 20200 | 56412 |
|  # | Surge Energy, Inc. | 314489 | 1065329 |
|  | Sylogist Ltd. | 15100 | 93211 |
|  \* | Taiga Building Products Ltd. | 19400 | 54319 |
|  | Tamarack Valley Energy Ltd. | 1815047 | 4700216 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  #\* | Taseko Mines Ltd. (TGB US) | 110319 | $251527 |
|  \* | Taseko Mines Ltd. (TKO CN) | 849603 | 1928955 |
|  | TC Energy Corp. (TRP US) | 1179941 | 59480826 |
|  | Teck Resources Ltd. (TECK US), Class B | 831559 | 28264690 |
|  | Teck Resources Ltd. (TECK/A CN), Class A | 4800 | 171931 |
|  | Teck Resources Ltd. (TECKB CN), Class B | 70 | 2379 |
|  | TELUS Corp. | 281803 | 4337632 |
|  \* | Tenaz Energy Corp. | 7000 | 79769 |
|  | TerraVest Industries, Inc. | 22464 | 2341399 |
|  | TFI International, Inc. (TFII CN) | 149590 | 12160562 |
|  | TFI International, Inc. (TFII US) | 10128 | 823710 |
|  | Thomson Reuters Corp. (TRI CN) | 25396 | 4725690 |
|  | Thomson Reuters Corp. (TRI US) | 40184 | 7473420 |
|  #\* | Tidewater Midstream & Infrastructure Ltd. | 303630 | 61669 |
|  # | Timbercreek Financial Corp. | 233537 | 1172259 |
|  | TMX Group Ltd. | 289953 | 11750815 |
|  # | Topaz Energy Corp. | 279553 | 4670032 |
|  \* | Torex Gold Resources, Inc. | 376556 | 12195869 |
|  | Toromont Industries Ltd. | 237426 | 20088038 |
|  # | Toronto-Dominion Bank (TD CN) | 607466 | 38815958 |
|  # | Toronto-Dominion Bank (TD US) | 744456 | 47481404 |
|  | Total Energy Services, Inc. | 178687 | 1148386 |
|  # | Tourmaline Oil Corp. | 1231740 | 54412414 |
|  # | TransAlta Corp. | 390820 | 3482206 |
|  | TransAlta Corp. | 701890 | 6257238 |
|  \* | Transat AT, Inc. | 39718 | 43792 |
|  | Transcontinental, Inc., Class A | 355104 | 4842561 |
|  \*†† | Trevali Mining Corp. | 258153 | 0 |
|  | Trican Well Service Ltd. | 1376313 | 4043280 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Triple Flag Precious Metals Corp. (TFPM CN) | 2987 | $61989 |
|  | Triple Flag Precious Metals Corp. (TFPM US) | 86915 | 1806955 |
|  \* | Trisura Group Ltd. (TRRSF US) | 231 | 6230 |
|  \* | Trisura Group Ltd. (TSU CN) | 91225 | 2504615 |
|  \* | Valeura Energy, Inc. | 13508 | 73684 |
|  | Vecima Networks, Inc. | 4100 | 29740 |
|  | Veren, Inc. (VRN CN) | 2034603 | 12042913 |
|  # | Veren, Inc. (VRN US) | 566872 | 3350213 |
|  # | Vermilion Energy, Inc. (VET CN) | 177120 | 1068937 |
|  | Vermilion Energy, Inc. (VET US) | 550511 | 3319581 |
|  | VersaBank (VBNK CN) | 21290 | 236127 |
|  | VersaBank (VBNK US) | 3669 | 40653 |
|  \* | VerticalScope Holdings, Inc. | 20489 | 69852 |
|  \*†† | Victoria Gold Corp./Vancouver | 1949 | 254 |
|  \* | Viemed Healthcare, Inc. | 100781 | 712522 |
|  | Wajax Corp. | 101651 | 1299947 |
|  | Waste Connections, Inc. (WCN CN) | 29311 | 5788855 |
|  | Waste Connections, Inc. (WCN US) | 78536 | 15521161 |
|  \* | Well Health Technologies Corp. | 214073 | 614920 |
|  \* | Wesdome Gold Mines Ltd. | 648755 | 7981202 |
|  | West Fraser Timber Co. Ltd. (WFG CN) | 190292 | 14089002 |
|  # | West Fraser Timber Co. Ltd. (WFG US) | 19314 | 1428854 |
|  \* | Western Forest Products, Inc. | 1402651 | 391717 |
|  \* | Westgold Resources Ltd. | 267342 | 510017 |
|  | Westshore Terminals Investment Corp. | 126556 | 2338156 |
|  # | Wheaton Precious Metals Corp. (WPM US) | 69849 | 5833788 |
|  # | Whitecap Resources, Inc. | 2695957 | 15292606 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  #\* | WildBrain Ltd. | 382489 | $| 474435 |
|  | Winpak Ltd. | 108456 |  | 3360043 |
|  | WSP Global, Inc. | 133461 |  | 23656267 |
|  #\* | Yangarra Resources Ltd. | 278894 |  | 171957 |
|  | Yellow Pages Ltd. | 49061 |  | 360146 |
|  TOTAL CANADA | TOTAL CANADA |  |  | 3486147868 |
|  CHINA — (0.0%) | CHINA — (0.0%) | CHINA — (0.0%) | CHINA — (0.0%) | CHINA — (0.0%) |
|  \* | Neo-Neon Holdings Ltd. | 1815000 |  | 88896 |
|  DENMARK — (2.4%) | DENMARK — (2.4%) | DENMARK — (2.4%) | DENMARK — (2.4%) | DENMARK — (2.4%) |
|  \* | ALK-Abello AS | 525386 |  | 12247004 |
|  | Alm Brand AS | 4542002 |  | 10762235 |
|  | Ambu AS, Class B | 745983 |  | 13465371 |
|  # | AP Moller - Maersk AS (MAERSKA DC), Class A | 3745 |  | 6400431 |
|  | AP Moller - Maersk AS (MAERSKB DC), Class B | 4881 |  | 8404518 |
|  \* | Bang & Olufsen AS | 533253 |  | 1052532 |
|  \* | Bavarian Nordic AS | 352376 |  | 8378199 |
|  #\* | Better Collective AS | 100558 |  | 1323447 |
|  \* | Cadeler AS (CADLR NO) | 128116 |  | 669920 |
|  \* | Cadeler AS (CDLR US), ADR | 6566 |  | 137032 |
|  | Carlsberg AS, Class B | 228531 |  | 31138181 |
|  # | cBrain AS | 18561 |  | 481808 |
|  | Chemometec AS | 42122 |  | 3034806 |
|  | Coloplast AS, Class B | 158557 |  | 17942794 |
|  # | Columbus AS | 314193 |  | 562100 |
|  | D/S Norden AS | 100294 |  | 2731218 |
|  | Danske Bank AS | 1144970 |  | 40174198 |
|  \* | Demant AS | 336454 |  | 12252603 |
|  \* | Dfds AS | 112604 |  | 1566020 |
|  | Djurslands Bank AS | 1040 |  | 99807 |
|  | DSV AS | 214644 |  | 45495932 |
|  | FLSmidth & Co. AS | 246550 |  | 11672226 |
|  | Fluegger Group AS | 350 |  | 16825 |
|  | Foroya Banki P | 2818 |  | 75130 |
|  \* | Genmab AS (GMAB DC) | 89111 |  | 18894972 |
|  #\* | GN Store Nord AS | 601039 |  | 9074640 |
|  | H Lundbeck AS (HLUNA DC), Class A | 164384 |  | 678958 |
|  | H Lundbeck AS (HLUNB DC) | 1283159 |  | 6140573 |
|  #\* | H&H International AS, Class B | 75228 |  | 1383966 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) |
|  # | Harboes Bryggeri AS, Class B | 2462 | $54198 |
|  \* | Huscompagniet AS | 3907 | 30290 |
|  # | ISS AS | 696825 | 17484346 |
|  | Jeudan AS | 19857 | 594585 |
|  | Jyske Bank AS | 247254 | 20279377 |
|  | Matas AS | 204660 | 4224033 |
|  | MT Hoejgaard Holding AS | 725 | 28280 |
|  \*W | Netcompany Group AS | 183458 | 8282003 |
|  \* | Nilfisk Holding AS | 60785 | 805376 |
|  \* | NKT AS | 286799 | 23351718 |
|  #\*W | NNIT AS | 36488 | 401421 |
|  #\* | North Media AS | 26060 | 144405 |
|  | Novo Nordisk AS (NOVOB DC), Class B | 1773052 | 118548936 |
|  # | Novo Nordisk AS (NVO US), Sponsored ADR | 928818 | 61719956 |
|  | Novonesis Novozymes B, Class B | 763750 | 49611157 |
|  \* | NTG Nordic Transport Group AS | 19888 | 755962 |
|  #\*W | Orsted AS | 147750 | 5879410 |
|  | Pandora AS | 409554 | 60967383 |
|  # | Parken Sport & Entertainment AS | 10398 | 212069 |
|  | Per Aarsleff Holding AS | 98509 | 7936993 |
|  | Ringkjoebing Landbobank AS | 146741 | 28056294 |
|  | Rockwool AS, Class A | 79010 | 3602671 |
|  | Rockwool AS, Class B | 502070 | 22919577 |
|  | Royal Unibrew AS | 238392 | 18956449 |
|  \* | RTX AS | 28702 | 272174 |
|  W | Scandinavian Tobacco Group AS | 254558 | 3705236 |
|  | Schouw & Co. AS | 69765 | 6359057 |
|  | Solar AS, Class B | 21517 | 828431 |
|  | SP Group AS | 11063 | 453342 |
|  \* | Spar Nord Bank AS | 426959 | 13701347 |
|  | Sparekassen Sjaelland-Fyn AS | 10605 | 458326 |
|  | Svitzer Group AS | 14548 | 610053 |
|  | Sydbank AS | 333715 | 21371223 |
|  | TCM Group AS | 8463 | 100227 |
|  # | Tivoli AS | 1741 | 163190 |
|  | Tryg AS | 817510 | 19497887 |
|  | UIE PLC | 43770 | 2092217 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) |
|  | Vestas Wind Systems AS | 980605 | $| 13073622 |
|  \* | Zealand Pharma AS | 121383 |  | 8584946 |
|  TOTAL DENMARK | TOTAL DENMARK | TOTAL DENMARK |  | 812375613 |
|  FINLAND — (1.6%) | FINLAND — (1.6%) | FINLAND — (1.6%) | FINLAND — (1.6%) | FINLAND — (1.6%) |
|  | Aktia Bank OYJ | 215201 |  | 2439691 |
|  # | Alandsbanken Abp, Class B | 1250 |  | 52006 |
|  \* | Alisa Pankki OYJ | 1367 |  | 28111 |
|  | Alma Media OYJ | 67280 |  | 881176 |
|  # | Anora Group OYJ | 47645 |  | 177364 |
|  | Apetit OYJ | 3389 |  | 52684 |
|  # | Aspo OYJ | 32663 |  | 192642 |
|  | Atria OYJ | 72002 |  | 1057270 |
|  # | Bittium OYJ | 75464 |  | 586471 |
|  # | Citycon OYJ | 189047 |  | 759129 |
|  | Digia OYJ | 28994 |  | 219151 |
|  | Elisa OYJ | 473046 |  | 25236068 |
|  W | Enento Group OYJ | 27350 |  | 528124 |
|  | eQ OYJ | 7039 |  | 81326 |
|  # | Evli OYJ, Class B | 1367 |  | 28184 |
|  | Finnair OYJ | 572020 |  | 1546633 |
|  | Fiskars OYJ Abp | 90529 |  | 1504234 |
|  | Fortum OYJ | 1547773 |  | 25950819 |
|  | F-Secure OYJ | 276617 |  | 608636 |
|  \* | Glaston OYJ Abp | 5708 |  | 8935 |
|  | Gofore OYJ | 7011 |  | 125430 |
|  # | Harvia OYJ | 50346 |  | 2329518 |
|  | Hiab OYJ | 197332 |  | 9389598 |
|  | HKFoods OYJ | 213312 |  | 282890 |
|  | Huhtamaki OYJ | 460971 |  | 16971888 |
|  | Ilkka OYJ | 29672 |  | 112024 |
|  \* | Incap OYJ | 30277 |  | 331581 |
|  | Kalmar OYJ, Class B | 197492 |  | 6256736 |
|  # | Kamux Corp | 41665 |  | 110056 |
|  | Kemira OYJ | 532975 |  | 10997440 |
|  | Kesko OYJ (KESKOA FH), Class A | 179939 |  | 4023814 |
|  | Kesko OYJ (KESKOB |  |  |  |
|  | FH), Class B | 1296571 |  | 29767741 |
|  \* | Kojamo OYJ | 364883 |  | 4247223 |
|  | Kone OYJ, Class B | 443209 |  | 27448735 |
|  | Konecranes OYJ | 363496 |  | 24353513 |
|  | Lassila & Tikanoja OYJ | 141253 |  | 1514956 |
|  \* | Lindex Group OYJ | 140031 |  | 420286 |
|  # | Mandatum OYJ | 599197 |  | 4234842 |
|  | Marimekko OYJ | 111933 |  | 1547945 |
|  | Metsa Board OYJ (METSB FH), Class B | 556623 |  | 2032204 |
|  # | Metso OYJ | 1935338 |  | 21028810 |
|  # | Neste OYJ | 483805 |  | 5018670 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) |
|  # | Nokia OYJ (NOK US), Sponsored ADR | 2495826 | $| 12454172 |
|  | Nokia OYJ (NOKIA FH) | 3375434 |  | 16874379 |
|  | Nokia OYJ (NOKIA FP) | 1186596 |  | 5929013 |
|  # | Nokian Renkaat OYJ | 588896 |  | 4684553 |
|  | Nordea Bank Abp (NDA FH) | 3434642 |  | 47566178 |
|  | Nordea Bank Abp (NDA SS) | 2414342 |  | 33131426 |
|  | Olvi OYJ, Class A | 48514 |  | 1819054 |
|  # | Oma Saastopankki OYJ | 24666 |  | 254787 |
|  \* | Optomed OYJ | 11306 |  | 49245 |
|  | Oriola OYJ (OKDBV FH), Class B | 633141 |  | 784352 |
|  # | Orion OYJ (ORNAV FH), Class A | 20828 |  | 1294551 |
|  | Orion OYJ (ORNBV FH), Class B | 445383 |  | 27886111 |
|  # | Outokumpu OYJ | 1349727 |  | 5195275 |
|  | Pihlajalinna OYJ | 42037 |  | 663185 |
|  | Ponsse OYJ | 47190 |  | 1449594 |
|  | Puuilo OYJ | 163834 |  | 2333077 |
|  #\* | QT Group OYJ | 74730 |  | 4876279 |
|  | Raisio OYJ, Class V | 384238 |  | 1070978 |
|  \* | Rapala VMC OYJ | 25862 |  | 38114 |
|  #\* | Remedy Entertainment OYJ | 2352 |  | 43808 |
|  # | Revenio Group OYJ | 60079 |  | 1879127 |
|  | Sampo OYJ, Class A | 3234228 |  | 32357029 |
|  | Sanoma OYJ | 426907 |  | 4702875 |
|  | Scanfil OYJ | 18778 |  | 185258 |
|  | Stora Enso OYJ, Class R | 1723813 |  | 16011443 |
|  #\* | Suominen OYJ | 10369 |  | 23693 |
|  | Taaleri PLC | 19235 |  | 156136 |
|  # | Talenom OYJ | 21268 |  | 85971 |
|  \* | Teleste OYJ | 20343 |  | 67448 |
|  W | Terveystalo OYJ | 299860 |  | 4167382 |
|  # | TietoEVRY OYJ | 335044 |  | 6002323 |
|  # | Tokmanni Group Corp | 156541 |  | 2469878 |
|  | UPM-Kymmene OYJ | 793408 |  | 21014284 |
|  | Vaisala OYJ, Class A | 60863 |  | 3240576 |
|  # | Valmet OYJ | 585054 |  | 17864086 |
|  | Wartsila OYJ Abp | 953764 |  | 17622070 |
|  #\* | WithSecure OYJ | 88143 |  | 93994 |
|  #\* | YIT OYJ | 620725 |  | 1811611 |
|  TOTAL FINLAND | TOTAL FINLAND |  |  | 532637869 |
|  FRANCE — (7.0%) | FRANCE — (7.0%) | FRANCE — (7.0%) | FRANCE — (7.0%) | FRANCE — (7.0%) |
|  \* | 74Software SA | 38165 |  | 1472504 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  | ABC arbitrage | 82766 | $565618 |
|  | Accor SA | 436148 | 21490053 |
|  | Aeroports de Paris SA | 102660 | 12837298 |
|  | Air Liquide SA | 186338 | 38288393 |
|  | AKWEL SADIR | 49880 | 417474 |
|  \* | Alstom SA | 1086863 | 26246831 |
|  | Altamir | 46348 | 1214013 |
|  | Alten SA | 108218 | 9172918 |
|  W | Amundi SA | 161801 | 12780854 |
|  | Arkema SA | 253966 | 19307884 |
|  # | Assystem SA | 31540 | 1370547 |
|  | Aubay | 27927 | 1456872 |
|  | AXA SA | 929826 | 43976952 |
|  W | Ayvens SA | 40618 | 411733 |
|  \* | Bastide le Confort Medical | 13234 | 409195 |
|  # | Beneteau SACA | 151602 | 1386991 |
|  | BioMerieux | 60838 | 8211934 |
|  # | BNP Paribas SA | 765928 | 64896674 |
|  | Boiron SA | 27994 | 770580 |
|  | Bollore SE | 1432186 | 8858672 |
|  | Bonduelle SCA | 58581 | 547904 |
|  \*†† | Bourbon Corp. SA | 56660 | 0 |
|  | Bouygues SA | 801598 | 35234482 |
|  | Bureau Veritas SA | 789401 | 25057999 |
|  \* | Canal & SA | 1944279 | 4417897 |
|  | Capgemini SE | 170259 | 27182254 |
|  # | Carrefour SA | 2086617 | 32183378 |
|  # | Catana Group | 91952 | 354643 |
|  | CBo Territoria | 2301 | 9692 |
|  \* | Cegedim SA | 34825 | 472285 |
|  | Cie de Saint-Gobain SA | 609899 | 66306994 |
|  | Cie des Alpes | 102140 | 2009878 |
|  | Cie Generale des Etablissements Michelin SCA | 2060119 | 75329778 |
|  \* | Claranova SE | 40921 | 110577 |
|  #\* | Clariane SE | 884784 | 3759551 |
|  | Coface SA | 656019 | 13446261 |
|  | Credit Agricole SA | 892367 | 16737758 |
|  | Danone SA | 707218 | 60853577 |
|  | Dassault Aviation SA | 22343 | 8056139 |
|  | Dassault Systemes SE | 107422 | 4025762 |
|  | Derichebourg SA | 587211 | 4039276 |
|  | Edenred SE | 326889 | 10194673 |
|  | Eiffage SA | 402573 | 54779213 |
|  #\* | Ekinops SAS | 16325 | 60953 |
|  | Electricite de Strasbourg SA | 1257 | 198851 |
|  \*W | Elior Group SA | 555988 | 1684276 |
|  | Elis SA | 1003894 | 25769028 |
|  | Engie SA | 3382163 | 69903671 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  | Equasens | 8872 | $391229 |
|  # | Eramet SA | 38470 | 2133095 |
|  | EssilorLuxottica SA | 103853 | 29925552 |
|  | Esso SA Francaise | 12668 | 2036296 |
|  | Etablissements Maurel et Prom SA | 364634 | 1876993 |
|  | Eurazeo SE | 158681 | 11602685 |
|  #\* | Euroapi SA | 18789 | 58768 |
|  #\* | Eutelsat Communications SACA | 890493 | 3636670 |
|  | Exel Industries SA, Class A | 6839 | 273180 |
|  | Fnac Darty SA | 3099 | 107607 |
|  | Fnac Darty SA (0QSH LI) | 12150 | 417889 |
|  | Fnac Darty SA (FNAC FP) | 49601 | 1727023 |
|  \* | Foraco International SA | 237750 | 306974 |
|  | Forvia SE (1EO IM) | 64858 | 502130 |
|  | Forvia SE (FRVIA FP) | 466781 | 3605747 |
|  \* | Gaumont SA | 768 | 72493 |
|  | Gaztransport Et Technigaz SA | 149223 | 24323765 |
|  | GEA | 181 | 18577 |
|  | Getlink SE | 995847 | 18909357 |
|  | GL Events SACA | 43779 | 1091687 |
|  | Groupe Crit SA | 22390 | 1727518 |
|  # | Groupe SFPI | 7834 | 19176 |
|  # | Guerbet | 28753 | 654159 |
|  #\* | Guillemot Corp | 18369 | 104222 |
|  \* | Haulotte Group SA | 27104 | 82156 |
|  | Hermes International SCA | 23367 | 64263455 |
|  \* | ID Logistics Group SACA | 13312 | 5995954 |
|  | Imerys SA | 161118 | 5382019 |
|  | Infotel SA | 2750 | 136576 |
|  | Interparfums SA | 32474 | 1287166 |
|  | Ipsen SA | 133207 | 15492384 |
|  | IPSOS SA | 196901 | 9322213 |
|  | Jacquet Metals SACA**.** | 62057 | 1459699 |
|  \* | JCDecaux SE | 262483 | 4568319 |
|  | Kaufman & Broad SA | 71601 | 2811318 |
|  | Kering SA | 75210 | 15301674 |
|  #\* | La Francaise De L'energie SACA | 603 | 19797 |
|  W | La Francaise des Jeux SACA | 353503 | 12600310 |
|  | Laurent-Perrier | 7300 | 803166 |
|  | Lectra | 25441 | 660681 |
|  | Legrand SA | 195817 | 21520252 |
|  | Linedata Services | 3879 | 323938 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  | LISI SA | 40903 | $1280837 |
|  | LNA Sante SA | 27030 | 703653 |
|  | L'Oreal SA | 121996 | 53905842 |
|  \* | Louis Hachette Group | 782405 | 1233610 |
|  #\* | Lumibird | 1775 | 22849 |
|  | LVMH Moet Hennessy Louis Vuitton SE | 247349 | 137013864 |
|  #W | Maisons du Monde SA | 124765 | 389034 |
|  # | Manitou BF SA | 37916 | 874346 |
|  | Mersen SA | 101630 | 2178191 |
|  # | Metropole Television SA | 123905 | 1946902 |
|  #\* | Nacon SA | 1448 | 805 |
|  | Nexans SA | 117200 | 12875402 |
|  #\* | Nexity SA | 161114 | 1689360 |
|  | NRJ Group | 87380 | 658344 |
|  | Oeneo SA | 138265 | 1427645 |
|  | Opmobility | 280234 | 3140648 |
|  | Orange SA (ORA FP) | 6978148 | 101239269 |
|  | Pernod Ricard SA | 77494 | 8399998 |
|  #\* | Pierre Et Vacances SA | 311118 | 487912 |
|  | Publicis Groupe SA (PUB FP) | 440260 | 44795129 |
|  # | Publicis Groupe SA (PUBGY US), ADR | 28265 | 716235 |
|  | Quadient SA | 138101 | 2614098 |
|  | Renault SA | 492514 | 26158001 |
|  | Rexel SA | 1166393 | 32406627 |
|  # | Robertet SA | 1432 | 1328172 |
|  | Rubis SCA | 224546 | 7309144 |
|  | Safran SA | 250617 | 66694108 |
|  | Samse SACA | 989 | 158027 |
|  | Sanofi SA (SAN FP) | 552673 | 60457910 |
|  # | Sanofi SA (SNY US), ADR | 68537 | 3766108 |
|  | Sartorius Stedim Biotech | 9917 | 2340322 |
|  | Savencia SA | 21189 | 1604685 |
|  | Schneider Electric SE (0NWV LI) | 19869 | 4616127 |
|  | Schneider Electric SE (SU FP) | 154363 | 36066259 |
|  | SCOR SE | 589300 | 18568362 |
|  | SEB SA | 107631 | 10152720 |
|  | Seche Environnement SACA | 12569 | 1296631 |
|  #\*W | SMCP SA | 170220 | 613649 |
|  | Societe BIC SA | 113621 | 7351449 |
|  | Societe Generale SA | 1071889 | 55887189 |
|  | Societe LDC SADIR | 5415 | 470054 |
|  | Sodexo SA | 216682 | 13754281 |
|  | Sodexo, Inc. | 8908 | 564111 |
|  \* | SOITEC | 43863 | 2489477 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  | Sopra Steria Group | 71040 | $| 14565860 |
|  | SPIE SA | 542648 |  | 26596561 |
|  | Stef SA | 22312 |  | 3217125 |
|  \* | Synergie SE | 43437 |  | 1501715 |
|  | Teleperformance SE | 196899 |  | 21590967 |
|  | Television Francaise 1 SA | 206730 |  | 1975399 |
|  | TFF Group | 795 |  | 18844 |
|  | Thales SA | 142400 |  | 39889419 |
|  | Thermador Groupe | 12068 |  | 903500 |
|  # | Tikehau Capital SCA | 25541 |  | 551615 |
|  | TotalEnergies SE (TTE FP) | 4093590 |  | 233151234 |
|  | TotalEnergies SE (TTE US), Sponsored ADR | 215223 |  | 12235428 |
|  | Trigano SA | 43525 |  | 5170606 |
|  \* | Ubisoft Entertainment SA | 368613 |  | 4343114 |
|  | Valeo SE | 740417 |  | 7353205 |
|  \* | Vallourec SACA | 802756 |  | 14837134 |
|  | Veolia Environnement SA (VIE FP) | 620139 |  | 22649998 |
|  W | Verallia SA | 294207 |  | 9837851 |
|  | Vetoquinol SA | 2379 |  | 201011 |
|  | Vicat SACA | 79455 |  | 4448956 |
|  | VIEL & Cie SA | 80059 |  | 1226815 |
|  | Vinci SA | 701249 |  | 98502566 |
|  | Virbac SACA | 13467 |  | 4748022 |
|  \* | Viridien | 28021 |  | 1662418 |
|  | Vivendi SE | 1944278 |  | 6063154 |
|  #\* | Voltalia SA | 51820 |  | 429447 |
|  # | Vranken-Pommery Monopole SA | 9140 |  | 121707 |
|  # | Wavestone | 26350 |  | 1406453 |
|  \*W | Worldline SA | 414872 |  | 2298612 |
|  TOTAL FRANCE | TOTAL FRANCE |  |  | 2358970731 |
|  GERMANY — (7.7%) | GERMANY — (7.7%) | GERMANY — (7.7%) | GERMANY — (7.7%) | GERMANY — (7.7%) |
|  | 1&1 AG | 175399 |  | 3116731 |
|  | 7C Solarparken AG | 207839 |  | 474363 |
|  | Adesso SE | 10024 |  | 1113354 |
|  | adidas AG | 175317 |  | 40338958 |
|  | Adtran Networks SE | 25248 |  | 580569 |
|  | All for One Group SE | 6241 |  | 401075 |
|  | Allgeier SE | 19044 |  | 438460 |
|  | Allianz SE (ALIZY US), ADR | 50320 |  | 2078719 |
|  | Allianz SE (ALV GR) | 195310 |  | 80775666 |
|  | AlzChem Group AG | 3431 |  | 442769 |
|  | Amadeus Fire AG | 17147 |  | 1457659 |
|  | Atoss Software SE | 32850 |  | 4938212 |
|  | Aumann AG | 4179 |  | 67462 |
|  # | Aurubis AG | 152294 |  | 13296566 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  \*W | Auto1 Group SE | 13573 | $326126 |
|  | BASF SE | 2286872 | 116789322 |
|  \* | Basler AG | 13664 | 138280 |
|  | Bayer AG | 2195724 | 57543745 |
|  | Bayerische Motoren Werke AG | 582272 | 49386842 |
|  #\* | BayWa AG (BYW6 GR) | 64660 | 593286 |
|  | Bechtle AG | 350338 | 14946347 |
|  | Beiersdorf AG | 41531 | 5851634 |
|  | Bertrandt AG | 24266 | 523819 |
|  | Bijou Brigitte AG | 18633 | 895840 |
|  | Bilfinger SE | 112125 | 9536221 |
|  # | Borussia Dortmund GmbH & Co. KGaA**.** | 385956 | 1433676 |
|  #\* | BRANICKS Group AG | 114046 | 247233 |
|  | Brenntag SE | 488802 | 32644079 |
|  | CANCOM SE (COK GR) | 33366 | 1024481 |
|  | Carl Zeiss Meditec AG | 23186 | 1593516 |
|  \* | Ceconomy AG | 727155 | 2584226 |
|  | CENIT AG | 26633 | 249806 |
|  | Cewe Stiftung & Co. KGaA | 34614 | 4002881 |
|  | Commerzbank AG | 1576057 | 41714341 |
|  \* | CompuGroup Medical SE & Co. KGaA | 100848 | 2513406 |
|  | Continental AG | 405867 | 31728508 |
|  \* | Covestro AG | 516166 | 34742800 |
|  | CTS Eventim AG & Co. KGaA | 211308 | 25037246 |
|  | Daimler Truck Holding AG | 1631746 | 65557807 |
|  | Data Modul AG Produktion Und Vertrieb Von Elektronischen Systemen | 2656 | 66836 |
|  | Dermapharm Holding SE | 75933 | 3317173 |
|  | Deutsche Bank AG (DB US) | 1265286 | 33163146 |
|  | Deutsche Bank AG (DBK GR) | 1854208 | 48617967 |
|  \* | Deutsche Beteiligungs AG | 61661 | 1762478 |
|  | Deutsche Boerse AG | 259172 | 83477708 |
|  | Deutsche EuroShop AG | 17860 | 391857 |
|  | Deutsche Lufthansa AG | 1409207 | 10126058 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  \*W | Deutsche Pfandbriefbank AG | 630955 | $3869889 |
|  | Deutsche Post AG | 2262064 | 96653464 |
|  | Deutsche Telekom AG (DTE GR) | 5657728 | 203211639 |
|  | Deutsche Telekom AG (DTEGY US), Sponsored ADR | 4026 | 144171 |
|  | Deutsche Wohnen SE | 66493 | 1689776 |
|  | Deutz AG | 225216 | 1748672 |
|  \* | Dr. Hoenle AG | 13048 | 126676 |
|  | Draegerwerk AG & Co. KGaA | 14733 | 830232 |
|  | Duerr AG | 190743 | 4515617 |
|  W | DWS Group GmbH & Co. KGaA | 112511 | 5922963 |
|  | E.ON SE | 4131060 | 72250549 |
|  | Eckert & Ziegler SE | 36307 | 2481854 |
|  | Elmos Semiconductor SE | 32846 | 2237612 |
|  | ElringKlinger AG | 117463 | 655722 |
|  | Energiekontor AG | 27170 | 1308833 |
|  | Evonik Industries AG | 850409 | 19111111 |
|  #\* | Evotec SE | 292776 | 2450664 |
|  | Fielmann Group AG | 103613 | 5887794 |
|  | flatexDEGIRO AG | 333265 | 8770479 |
|  #\* | Fraport AG Frankfurt Airport Services Worldwide | 160050 | 10606764 |
|  | Freenet AG | 753145 | 31318106 |
|  | Fresenius Medical Care AG (FME GR) | 544294 | 27691269 |
|  | Fresenius Medical Care AG (FMS US), ADR | 1074 | 27258 |
|  \* | Fresenius SE & Co. KGaA | 703880 | 33432128 |
|  | Friedrich Vorwerk Group SE | 10661 | 727949 |
|  | FUCHS SE | 124570 | 4788830 |
|  | GEA Group AG | 629633 | 41077059 |
|  | Gerresheimer AG | 145559 | 9875841 |
|  | Gesco SE | 29514 | 539240 |
|  | GFT Technologies SE | 80626 | 2277132 |
|  | Grenke AG | 74412 | 1140634 |
|  | H&R GmbH & Co. KGaA | 71325 | 329411 |
|  | Hannover Rueck SE | 86988 | 27923112 |
|  #W | Hapag-Lloyd AG | 49332 | 7767344 |
|  | Hawesko Holding SE | 1974 | 55570 |
|  | Heidelberg Materials AG | 367659 | 73499988 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  \* | Heidelberger Druckmaschinen AG | 1089340 | $1499559 |
|  | Hella GmbH & Co. KGaA | 19384 | 1948364 |
|  \* | HelloFresh SE | 505480 | 5263466 |
|  | Henkel AG & Co. KGaA | 139179 | 9823272 |
|  | Hensoldt AG | 231630 | 17944093 |
|  | HOCHTIEF AG | 78040 | 14764796 |
|  | Hornbach Holding AG & Co. KGaA | 44857 | 5050321 |
|  | HUGO BOSS AG | 172645 | 7200904 |
|  | Indus Holding AG | 49401 | 1391684 |
|  | Infineon Technologies AG (IFNNY US), ADR | 173010 | 5704140 |
|  | Infineon Technologies AG (IFX GR) | 1977887 | 65513641 |
|  | Init Innovation in Traffic Systems SE | 12825 | 570999 |
|  W | Instone Real Estate Group SE | 115129 | 1064917 |
|  | IVU Traffic Technologies AG | 28696 | 610469 |
|  | Jenoptik AG | 211262 | 4217806 |
|  W | JOST Werke SE | 32847 | 1848494 |
|  | K&S AG | 348460 | 6077798 |
|  | KION Group AG | 359133 | 15283243 |
|  | Kloeckner & Co. SE | 20637 | 166109 |
|  # | Knaus Tabbert AG | 9810 | 146872 |
|  | Knorr-Bremse AG | 212851 | 21109868 |
|  #\* | Koenig & Bauer AG | 57140 | 1057325 |
|  | Krones AG | 57689 | 8432293 |
|  | KSB SE & Co. KGaA | 267 | 256219 |
|  | KWS Saat SE & Co. KGaA | 35313 | 2228190 |
|  | Lanxess AG | 408612 | 12268161 |
|  | LEG Immobilien SE | 188708 | 15996624 |
|  | Leifheit AG | 30103 | 741735 |
|  #\* | LPKF Laser & Electronics SE | 13810 | 128540 |
|  \* | Mediclin AG | 12692 | 42070 |
|  \* | Medios AG | 43616 | 579223 |
|  | Mercedes-Benz Group AG | 1479813 | 88476257 |
|  | Merck KGaA | 26178 | 3644503 |
|  | MLP SE | 323179 | 2930293 |
|  | MTU Aero Engines AG | 26030 | 9009126 |
|  | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | 171498 | 117409157 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  # | Mutares SE & Co. KGaA | 52436 | $1917231 |
|  #\* | Nagarro SE | 31247 | 2227636 |
|  | Nemetschek SE | 195375 | 25962359 |
|  #\* | Nordex SE | 346411 | 6485969 |
|  | Norma Group SE | 151587 | 1905158 |
|  | Patrizia SE | 194012 | 1627169 |
|  \* | Pentixapharm Holding AG | 36307 | 119272 |
|  | Pfeiffer Vacuum Technology AG | 18422 | 3245586 |
|  # | PNE AG | 29336 | 513073 |
|  | ProCredit Holding AG | 23562 | 270763 |
|  | ProSiebenSat.1 Media SE | 625927 | 4368165 |
|  | Puma SE (PUM GR) | 327064 | 8445070 |
|  #\* | PVA TePla AG | 67791 | 1260316 |
|  | PWO AG | 5972 | 195291 |
|  \* | q.beyond AG | 684149 | 621454 |
|  | Qiagen NV | 138017 | 5923079 |
|  \* | R Stahl AG | 4599 | 93218 |
|  | Rational AG | 13027 | 11177610 |
|  | Rheinmetall AG | 84035 | 143115996 |
|  | RWE AG | 868514 | 33728001 |
|  | SAF-Holland SE | 82602 | 1498743 |
|  | Salzgitter AG | 108896 | 2691079 |
|  | SAP SE (SAP GR) | 198124 | 57968846 |
|  | Secunet Security Networks AG | 4059 | 946488 |
|  #\* | SFC Energy AG | 2564 | 66513 |
|  #\* | SGL Carbon SE | 174965 | 699854 |
|  | Siemens AG (SIE GR) | 235038 | 54120184 |
|  | Siemens AG (SIEGY US), Sponsored ADR | 5596 | 644939 |
|  #\* | Siemens Energy AG | 592352 | 45719897 |
|  W | Siemens Healthineers AG | 109183 | 5885766 |
|  | Siltronic AG | 74257 | 3019336 |
|  | Sixt SE | 38792 | 3688082 |
|  | SMA Solar Technology AG | 30939 | 536582 |
|  | Stabilus SE | 105184 | 2917617 |
|  | STRATEC SE | 8076 | 219735 |
|  | Stroeer SE & Co. KGaA | 137619 | 8217426 |
|  | Suedzucker AG | 307479 | 4139876 |
|  \* | Surteco Group SE | 34391 | 625544 |
|  | SUSS MicroTec SE | 61566 | 2370673 |
|  | Symrise AG | 314018 | 36216150 |
|  \* | TAG Immobilien AG | 628263 | 10228712 |
|  | Takkt AG | 103371 | 892865 |
|  \* | Talanx AG | 198352 | 22764486 |
|  \*W | TeamViewer SE | 376817 | 5788936 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | Technotrans SE | 32704 | $| 667936 |
|  | thyssenkrupp AG | 1888202 |  | 21654392 |
|  \* | TUI AG | 1690872 |  | 13010397 |
|  | United Internet AG | 362586 |  | 8222293 |
|  # | Verbio SE | 36978 |  | 436430 |
|  | Volkswagen AG | 60827 |  | 6790443 |
|  | Vonovia SE | 698256 |  | 23161225 |
|  | Vossloh AG | 42621 |  | 3367244 |
|  | Wacker Chemie AG | 56488 |  | 4270244 |
|  | Wacker Neuson SE | 105064 |  | 2825251 |
|  | Washtec AG | 52755 |  | 2542068 |
|  \* | Westwing Group SE | 10903 |  | 94793 |
|  | Wuestenrot & Wuerttembergische AG | 111263 |  | 1792069 |
|  \*W | Zalando SE | 290567 |  | 10610425 |
|  | Zeal Network SE | 20957 |  | 1067683 |
|  TOTAL GERMANY | TOTAL GERMANY | TOTAL GERMANY |  | 2614978775 |
|  GREENLAND — (0.0%) | GREENLAND — (0.0%) | GREENLAND — (0.0%) | GREENLAND — (0.0%) | GREENLAND — (0.0%) |
|  | GronlandsBANKEN AS | 33 |  | 3839 |
|  HONG KONG — (1.4%) | HONG KONG — (1.4%) | HONG KONG — (1.4%) | HONG KONG — (1.4%) | HONG KONG — (1.4%) |
|  \* | Aceso Life Science Group Ltd. | 1422900 |  | 4532 |
|  | Aeon Credit Service Asia Co. Ltd. | 28000 |  | 22415 |
|  | AIA Group Ltd. | 9186000 |  | 68829887 |
|  \* | Aidigong Maternal & Child Health Ltd. | 67466 |  | 11396 |
|  \* | Allied Group Ltd. | 1676000 |  | 326472 |
|  | Analogue Holdings Ltd. | 34000 |  | 3283 |
|  \* | AOM International Group Co. Ltd. | 60000 |  | 3103 |
|  | APAC Resources Ltd. | 361197 |  | 51432 |
|  \* | Apollo Future Mobility Group Ltd. | 66400 |  | 8758 |
|  | Asia Financial Holdings Ltd. | 400000 |  | 205813 |
|  \* | Asia Standard International Group Ltd. | 2185561 |  | 89773 |
|  | ASMPT Ltd. | 482800 |  | 3248026 |
|  | Associated International Hotels Ltd. | 79000 |  | 51582 |
|  | Bank of East Asia Ltd. | 3760537 |  | 5170514 |
|  | BOC Hong Kong Holdings Ltd. | 3312000 |  | 13739435 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Bright Smart Securities & Commodities Group Ltd. | 3018000 | $2667979 |
|  #W | Budweiser Brewing Co. APAC Ltd. | 1091300 | 1153098 |
|  | Build King Holdings Ltd. | 870000 | 126460 |
|  | Cafe de Coral Holdings Ltd. | 1588000 | 1459362 |
|  # | Cathay Pacific Airways Ltd. | 6407180 | 7362270 |
|  \* | Century City International Holdings Ltd. | 176800 | 1048 |
|  | Chen Hsong Holdings | 408000 | 72048 |
|  | Cheuk Nang Holdings Ltd. | 124488 | 23371 |
|  | Chevalier International Holdings Ltd. | 130276 | 65868 |
|  \* | Chi Kan Holdings Ltd. | 88000 | 29454 |
|  \* | China Energy Development Holdings Ltd. | 33840000 | 187796 |
|  | China Motor Bus Co. Ltd. | 6800 | 49509 |
|  #\* | China Star Entertainment Ltd. | 8326000 | 1688037 |
|  \* | Chinese Estates Holdings Ltd. | 1984000 | 329216 |
|  | Chow Sang Sang Holdings International Ltd. | 1605000 | 1572934 |
|  \* | Chuang's Consortium International Ltd. | 4671553 | 209999 |
|  | CITIC Telecom International Holdings Ltd. | 8815000 | 2681591 |
|  | CK Asset Holdings Ltd. | 2380124 | 9723669 |
|  | CK Hutchison Holdings Ltd. | 2034408 | 11472185 |
|  | CK Infrastructure Holdings Ltd. | 451545 | 3043255 |
|  \* | CK Life Sciences International Holdings, Inc. | 7186000 | 835569 |
|  | CLP Holdings Ltd. | 781500 | 6663569 |
|  #\* | C-Mer Medical Holdings Ltd. | 1490000 | 324357 |
|  | CN Logistics International Holdings Ltd. | 88000 | 38387 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  \* | CNT Group Ltd. | 814000 | $24722 |
|  #†† | Convoy, Inc. | 23823171 | 96145 |
|  \* | Cowell e Holdings, Inc. | 388000 | 1115032 |
|  W | Crystal International Group Ltd. | 941500 | 548899 |
|  \* | CSC Holdings Ltd. | 98610000 | 241147 |
|  \* | CSI Properties Ltd. | 40633880 | 877205 |
|  | CTF Services Ltd. | 5263221 | 4984348 |
|  \*†† | CW Group Holdings Ltd. | 1730500 | 0 |
|  | Dah Sing Banking Group Ltd. | 1987702 | 2141916 |
|  | Dah Sing Financial Holdings Ltd. | 870044 | 3176710 |
|  | Dickson Concepts International Ltd. | 427000 | 377576 |
|  | Dream International Ltd. | 24000 | 18001 |
|  | Dynamic Holdings Ltd. | 42000 | 76437 |
|  | Eagle Nice International Holdings Ltd. | 1394000 | 623599 |
|  | EC Healthcare | 1855000 | 152667 |
|  †† | EcoGreen International Group Ltd. | 468240 | 21511 |
|  | Emperor International Holdings Ltd. | 6684416 | 172431 |
|  | Emperor Watch & Jewellery Ltd. | 18200000 | 507939 |
|  \* | ENM Holdings Ltd. | 4992000 | 160572 |
|  \* | Esprit Holdings Ltd. | 11430969 | 144442 |
|  W | ESR Group Ltd. | 3591152 | 5718702 |
|  | EuroEyes International Eye Clinic Ltd. | 73000 | 26338 |
|  | Fairwood Holdings Ltd. | 313000 | 207484 |
|  | Far East Consortium International Ltd. | 6538465 | 750112 |
|  | First Pacific Co. Ltd. | 10595756 | 7129540 |
|  #\*W | FIT Hon Teng Ltd. | 4265000 | 1070726 |
|  | Four Seas Mercantile Holdings Ltd. | 36000 | 12302 |
|  \*W | Frontage Holdings Corp. | 1238000 | 185105 |
|  | FSE Lifestyle Services Ltd. | 430000 | 306128 |
|  | Galaxy Entertainment Group Ltd. | 2121000 | 7660197 |
|  | Get Nice Holdings Ltd. | 3195296 | 55414 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Giordano International Ltd. | 5084000 | $978781 |
|  | Glorious Sun Enterprises Ltd. | 1763000 | 290818 |
|  #\*†† | Gold Financial Holdings Ltd. | 2104000 | 0 |
|  | Gold Peak Technology Group Ltd. | 605000 | 40511 |
|  | Golden Resources Development International Ltd. | 1144000 | 50882 |
|  \* | GR Life Style Co. Ltd. | 2932000 | 246451 |
|  | Great Eagle Holdings Ltd. | 922652 | 1542372 |
|  | G-Resources Group Ltd. | 6415820 | 5231425 |
|  | Guoco Group Ltd. | 26000 | 211407 |
|  | Guotai Junan International Holdings Ltd. | 12779000 | 1645722 |
|  | Hang Lung Group Ltd. | 3125000 | 4485851 |
|  | Hang Lung Properties Ltd. | 6127284 | 5025238 |
|  | Hang Seng Bank Ltd. | 466400 | 6510376 |
|  \* | Hanison Construction Holdings Ltd. | 269496 | 8774 |
|  | Harbour Centre Development Ltd. | 158000 | 78436 |
|  | Henderson Land Development Co. Ltd. | 2167104 | 6145776 |
|  | HK Electric Investments & HK Electric Investments Ltd. | 4597500 | 3201660 |
|  | HKBN Ltd. | 803500 | 525243 |
|  \* | HKR International Ltd. | 4565238 | 508996 |
|  | HKT Trust & HKT Ltd. | 9543000 | 13579491 |
|  | Hon Kwok Land Investment Co. Ltd. | 234000 | 33120 |
|  | Hong Kong & China Gas Co. Ltd. | 9584586 | 8623957 |
|  | Hong Kong Exchanges & Clearing Ltd. | 812318 | 35489917 |
|  | Hong Kong Ferry Holdings Co. Ltd. | 489000 | 264106 |
|  \* | Hong Kong Technology Venture Co. Ltd. | 1296535 | 346854 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Hongkong & Shanghai Hotels Ltd. | 2291726 | $1595193 |
|  W | Honma Golf Ltd. | 558000 | 248604 |
|  | Hung Hing Printing Group Ltd. | 1234524 | 158589 |
|  | Hutchison Telecommunications Hong Kong Holdings Ltd. | 6736000 | 877831 |
|  | Hysan Development Co. Ltd. | 1386215 | 2259662 |
|  | IGG, Inc. | 2375000 | 1144204 |
|  W | Impro Precision Industries Ltd. | 160000 | 47424 |
|  | International Housewares Retail Co. Ltd. | 1496000 | 182991 |
|  \* | IPE Group Ltd. | 945000 | 48736 |
|  | Johnson Electric Holdings Ltd. | 1605818 | 2925475 |
|  | K Wah International Holdings Ltd. | 3864000 | 865731 |
|  \* | Kader Holdings Co. Ltd. | 100000 | 3320 |
|  | Karrie International Holdings Ltd. | 1958000 | 182371 |
|  | Kerry Properties Ltd. | 2533083 | 5948772 |
|  | KLN Logistics Group Ltd. | 1877291 | 1514196 |
|  | Kowloon Development Co. Ltd. | 2015984 | 781041 |
|  \* | Lai Sun Development Co. Ltd. | 1819480 | 131056 |
|  | Lam Soon Hong Kong Ltd. | 12000 | 15629 |
|  \* | Langham Hospitality Investments & Langham Hospitality Investments Ltd. | 363750 | 21569 |
|  \* | Lerado Financial Group Co. Ltd. | 74000 | 1443 |
|  | Liu Chong Hing Investment Ltd. | 1034000 | 537056 |
|  | Luk Fook Holdings International Ltd. | 1518000 | 3312446 |
|  | Man Wah Holdings Ltd. | 8041200 | 4273410 |
|  \* | MECOM Power & Construction Ltd. | 2917500 | 44977 |
|  #\* | Melco International Development Ltd. | 412000 | 170692 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  \* | Melco Resorts & Entertainment Ltd., ADR | 47606 | $245171 |
|  | MGM China Holdings Ltd. | 1381200 | 1789920 |
|  \*†† | MH Development NPV | 314080 | 0 |
|  \* | Midland Holdings Ltd. | 1342364 | 171070 |
|  | Miramar Hotel & Investment | 581000 | 679745 |
|  # | Modern Dental Group Ltd. | 1402000 | 752977 |
|  #\* | Mongolian Mining Corp. | 2136000 | 1764676 |
|  | MTR Corp. Ltd. | 686632 | 2370478 |
|  \* | NagaCorp Ltd. | 5378192 | 2284442 |
|  | Nameson Holdings Ltd. | 1670000 | 163390 |
|  \* | National United Resources Holdings Ltd. | 332000 | 2867 |
|  \* | New Focus Auto Tech Holdings Ltd. | 5064000 | 27994 |
|  #\* | New World Development Co. Ltd. | 5045284 | 3089638 |
|  \*†† | NewOcean Energy Holdings Ltd. | 4088000 | 0 |
|  # | Nissin Foods Co. Ltd. | 834000 | 717518 |
|  | Oriental Watch Holdings | 2165793 | 978407 |
|  #\* | Oshidori International Holdings Ltd. | 17547000 | 1065988 |
|  # | Pacific Basin Shipping Ltd. | 23407000 | 5248349 |
|  | Pacific Textiles Holdings Ltd. | 3850000 | 611096 |
|  \* | Paliburg Holdings Ltd. | 758790 | 39663 |
|  | Paradise Entertainment Ltd. | 120000 | 25472 |
|  | PAX Global Technology Ltd. | 393000 | 236662 |
|  | PC Partner Group Ltd. | 970000 | 912046 |
|  | PCCW Ltd. | 16136308 | 10757341 |
|  #\*†† | Peace Mark Holdings Ltd. | 232000 | 0 |
|  # | Perfect Medical Health Management Ltd. | 1429000 | 398347 |
|  | Pico Far East Holdings Ltd. | 3390000 | 835087 |
|  | Playmates Holdings Ltd. | 3856000 | 248162 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Plover Bay Technologies Ltd. | 1048000 | $716982 |
|  | Power Assets Holdings Ltd. | 1360500 | 8997253 |
|  \* | Public Financial Holdings Ltd. | 1950000 | 326999 |
|  \* | Regal Hotels International Holdings Ltd. | 1641400 | 134562 |
|  W | Regina Miracle International Holdings Ltd. | 1148000 | 252042 |
|  # | Sa Sa International Holdings Ltd. | 2658000 | 200979 |
|  \* | Sands China Ltd. | 1291200 | 2312473 |
|  | SAS Dragon Holdings Ltd. | 1326000 | 692692 |
|  | SEA Holdings Ltd. | 1123918 | 198920 |
|  #\* | Shandong Hi-Speed Holdings Group Ltd. | 128000 | 104680 |
|  | Shangri-La Asia Ltd. | 4816166 | 2697757 |
|  \* | Shun Tak Holdings Ltd. | 8912250 | 642734 |
|  | Singamas Container Holdings Ltd. | 6636000 | 520163 |
|  | Sino Land Co. Ltd. | 6131156 | 6300990 |
|  | SITC International Holdings Co. Ltd. | 4284000 | 11862236 |
|  #\* | SJM Holdings Ltd. | 3361125 | 937667 |
|  | SmarTone Telecommunications Holdings Ltd. | 1471430 | 805831 |
|  #\* | Solomon Systech International Ltd. | 1002000 | 50226 |
|  | Soundwill Holdings Ltd. | 466500 | 490492 |
|  | Stella International Holdings Ltd. | 1890000 | 3383612 |
|  | Sun Hung Kai & Co. Ltd. | 3114787 | 1205559 |
|  | Sun Hung Kai Properties Ltd. | 838511 | 7954461 |
|  | SUNeVision Holdings Ltd. | 2341000 | 1957337 |
|  | Swire Pacific Ltd. (19 HK), Class A | 704500 | 6092277 |
|  | Swire Pacific Ltd. (87 HK), Class B | 1360000 | 1871854 |
|  | Swire Properties Ltd. | 738850 | 1632838 |
|  | TAI Cheung Holdings Ltd. | 1103000 | 419855 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Tai Hing Group Holdings Ltd. | 1034000 | $130561 |
|  | Tai Sang Land Development Ltd. | 145523 | 32040 |
|  | Tan Chong International Ltd. | 372000 | 47494 |
|  | Tao Heung Holdings Ltd. | 11000 | 449 |
|  | Techtronic Industries Co. Ltd. | 1082500 | 10894260 |
|  #\* | Television Broadcasts Ltd. | 1228900 | 489851 |
|  | Texhong International Group Ltd. | 1255500 | 546657 |
|  | Texwinca Holdings Ltd. | 3458000 | 255261 |
|  # | Theme International Holdings Ltd. | 15010000 | 754539 |
|  #\* | Tongda Group Holdings Ltd. | 3860000 | 37328 |
|  | Town Health International Medical Group Ltd. | 2602000 | 83389 |
|  | Tradelink Electronic Commerce Ltd. | 2608000 | 319880 |
|  | Transport International Holdings Ltd. | 1200209 | 1394106 |
|  | Tycoon Group Holdings Ltd. | 482000 | 31083 |
|  # | United Laboratories International Holdings Ltd. | 5269500 | 9443287 |
|  \* | Unity Group Holdings International Ltd. | 174000 | 8702 |
|  \*†† | Untrade.Genting | 1416000 | 0 |
|  \* | Value Partners Group Ltd. | 3203000 | 560932 |
|  | Vedan International Holdings Ltd. | 1404000 | 114179 |
|  | Vesync Co. Ltd. | 114000 | 81874 |
|  | Vitasoy International Holdings Ltd. | 2014000 | 2594867 |
|  | Viva Goods Co. Ltd. | 192000 | 8892 |
|  \* | Vobile Group Ltd. | 488000 | 204994 |
|  \*W | VPower Group International Holdings Ltd. | 333506 | 13054 |
|  | VSTECS Holdings Ltd. | 3775200 | 2906707 |
|  | VTech Holdings Ltd. | 686600 | 4612690 |
|  \* | Wai Kee Holdings Ltd. | 110000 | 8261 |
|  \* | Wang On Group Ltd. | 51760000 | 146619 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  \* | Wealthink AI-Innovation Capital Ltd. | 1516000 | $| 14953 |
|  W | WH Group Ltd. | 26649234 |  | 23829939 |
|  | Wharf Real Estate Investment Co. Ltd. | 1951750 |  | 4667707 |
|  | Wing On Co. International Ltd. | 123137 |  | 181927 |
|  | Wing Tai Properties Ltd. | 462000 |  | 86653 |
|  | Wynn Macau Ltd. | 2986400 |  | 1988100 |
|  \* | Xingye Alloy Materials Group Ltd. | 279000 |  | 35573 |
|  # | Xinyi Glass Holdings Ltd. | 6984215 |  | 6539194 |
|  | Yue Yuen Industrial Holdings Ltd. | 3628000 |  | 5208711 |
|  \* | Zhaobangji Lifestyle Holdings Ltd. | 4424000 |  | 78817 |
|  TOTAL HONG KONG | TOTAL HONG KONG | TOTAL HONG KONG |  | 481022888 |
|  IRELAND — (0.7%) | IRELAND — (0.7%) | IRELAND — (0.7%) | IRELAND — (0.7%) | IRELAND — (0.7%) |
|  | AIB Group PLC | 5824385 |  | 39146044 |
|  | Bank of Ireland Group PLC | 4521858 |  | 53093199 |
|  | C&C Group PLC | 1641024 |  | 3014259 |
|  | Cairn Homes PLC | 2901465 |  | 6392006 |
|  | Dalata Hotel Group PLC | 640820 |  | 3672823 |
|  | DCC PLC | 297569 |  | 19448473 |
|  | FBD Holdings PLC (FBD ID) | 67472 |  | 983580 |
|  | FBD Holdings PLC (FBH LN) | 18709 |  | 273409 |
|  #\* | Flutter Entertainment PLC | 93708 |  | 22744628 |
|  | Glanbia PLC (GLB ID) | 717800 |  | 9292059 |
|  | Glanbia PLC (GLB LN) | 74909 |  | 1005009 |
|  \*W | Glenveagh Properties PLC | 2219683 |  | 4160239 |
|  | Grafton Group PLC, CDI | 687629 |  | 8323794 |
|  | Greencore Group PLC | 1957577 |  | 4827202 |
|  | Irish Continental Group PLC (IR5B ID) | 492900 |  | 2871391 |
|  \* | James Hardie Industries PLC (JHX AU), CDI | 513476 |  | 12052407 |

---

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##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  IRELAND — (Continued) | IRELAND — (Continued) | IRELAND — (Continued) | IRELAND — (Continued) | IRELAND — (Continued) |
|  #\* | James Hardie Industries PLC (JHX US), Sponsored ADR | 38440 | $| 912566 |
|  | Kerry Group PLC (KYGA ID), Class A | 2582 |  | 273335 |
|  | Kerry Group PLC (KYGA LN), Class A | 76886 |  | 8380480 |
|  | Kingspan Group PLC (KGP LN) | 19320 |  | 1635925 |
|  | Kingspan Group PLC (KSP ID) | 300950 |  | 25395491 |
|  \* | Permanent TSB Group Holdings PLC | 66622 |  | 116625 |
|  | Smurfit WestRock PLC | 144313 |  | 6064032 |
|  TOTAL IRELAND | TOTAL IRELAND | TOTAL IRELAND |  | 234078976 |
|  ISRAEL — (0.9%) | ISRAEL — (0.9%) | ISRAEL — (0.9%) | ISRAEL — (0.9%) | ISRAEL — (0.9%) |
|  \* | Adgar Investment & Development Ltd. | 194139 |  | 227544 |
|  \* | Afcon Holdings Ltd. | 2339 |  | 119094 |
|  #\* | AFI Properties Ltd. | 50056 |  | 2532134 |
|  | Africa Israel Residences Ltd. | 10691 |  | 707315 |
|  \* | Airport City Ltd. | 134264 |  | 1995669 |
|  \* | Allot Ltd. | 48893 |  | 288870 |
|  | Alony Hetz Properties & Investments Ltd. | 208871 |  | 1744600 |
|  \* | Alrov Properties & Lodgings Ltd. | 27535 |  | 1472965 |
|  | Amot Investments Ltd. | 284975 |  | 1507959 |
|  | Arad Ltd. | 18543 |  | 262731 |
|  | Aryt Industries Ltd. | 9314 |  | 59841 |
|  \* | Ashdod Refinery Ltd. | 35100 |  | 576678 |
|  # | Ashtrom Group Ltd. | 88131 |  | 1385924 |
|  # | Atreyu Capital Markets Ltd. | 5574 |  | 108790 |
|  | AudioCodes Ltd. (AUDC IT) | 9004 |  | 85108 |
|  | AudioCodes Ltd. (AUDC US) | 44228 |  | 414859 |
|  | Aura Investments Ltd. | 183463 |  | 962005 |
|  | Automatic Bank Services Ltd. | 41174 |  | 254566 |
|  \* | Avgol Industries 1953 Ltd. | 305415 |  | 127595 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  # | Azorim-Investment Development & Construction Co. Ltd. | 204457 | $942098 |
|  | Azrieli Group Ltd. | 23130 | 1683965 |
|  | Bank Hapoalim BM | 1400697 | 20546251 |
|  | Bank Leumi Le-Israel BM | 2382401 | 33832544 |
|  \* | Bet Shemesh Engines Holdings 1997 Ltd. | 17612 | 2357036 |
|  # | Bezeq The Israeli Telecommunication Corp. Ltd. | 3178137 | 4832792 |
|  \* | Big Shopping Centers Ltd. | 18371 | 2682375 |
|  | Blue Square Real Estate Ltd. | 17734 | 1510247 |
|  #\* | Brainsway Ltd. (BWAY IT) | 41757 | 187338 |
|  # | Camtek Ltd. | 10598 | 703756 |
|  | Carasso Motors Ltd. | 111509 | 858794 |
|  \* | Cellcom Israel Ltd. (CEL IT) | 479698 | 3037660 |
|  \* | Cellcom Israel Ltd. (CELJF US) | 48866 | 320561 |
|  \* | Ceragon Networks Ltd. | 99230 | 216321 |
|  | Clal Insurance Enterprises Holdings Ltd. | 259218 | 7112455 |
|  #\* | Compugen Ltd. | 81192 | 116994 |
|  | Danel Adir Yeoshua Ltd. | 21238 | 2295301 |
|  | Danya Cebus Ltd. | 6488 | 187191 |
|  \* | Delek Automotive Systems Ltd. | 63635 | 458568 |
|  | Delek Group Ltd. | 34370 | 5483210 |
|  | Delta Galil Ltd. | 48867 | 2304234 |
|  | Delta Israel Brands Ltd. | 823 | 18556 |
|  # | Diplomat Holdings Ltd. | 12311 | 141699 |
|  # | Direct Finance of Direct Group 2006 Ltd. | 1095 | 162985 |
|  \* | Dor Alon Energy in Israel 1988 Ltd. | 1634 | 52895 |
|  #\* | Doral Group Renewable Energy Resources Ltd. | 78203 | 260303 |
|  # | Duniec Brothers Ltd. | 2984 | 179974 |
|  #\* | El Al Israel Airlines | 301267 | 920828 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Elbit Systems Ltd. (ESLT IT) | 1279 | $491750 |
|  | Elbit Systems Ltd. (ESLT US) | 1864 | 740921 |
|  | Electra Consumer Products 1970 Ltd. | 30423 | 837864 |
|  # | Electra Ltd. | 7139 | 3776445 |
|  | Electra Real Estate Ltd. | 34338 | 426120 |
|  #\* | Electreon Wireless Ltd. | 868 | 18987 |
|  \* | Ellomay Capital Ltd. | 2636 | 38386 |
|  | Energix-Renewable Energies Ltd. | 185882 | 550510 |
|  \* | Enlight Renewable Energy Ltd. (ENLT IT) | 27899 | 451875 |
|  \* | Enlight Renewable Energy Ltd. (ENLT US) | 20640 | 336638 |
|  \* | Equital Ltd. | 110684 | 4151504 |
|  \* | Fattal Holdings 1998 Ltd. | 21983 | 2870882 |
|  | First International Bank of Israel Ltd. | 163656 | 8988703 |
|  # | FMS Enterprises Migun Ltd. | 12304 | 593586 |
|  | Formula Systems 1985 Ltd. (FORTY IT) | 49097 | 4334819 |
|  # | Fox Wizel Ltd. | 45474 | 3824718 |
|  | Gav-Yam Lands Corp. Ltd. | 131874 | 1172464 |
|  \* | Gilat Satellite Networks Ltd. | 92616 | 587489 |
|  | Globrands Ltd. | 82 | 12607 |
|  \* | Hagag Group Real Estate Development | 35863 | 164892 |
|  #\* | Hamat Group Ltd. | 11261 | 41394 |
|  | Harel Insurance Investments & Financial Services Ltd. | 466631 | 7756318 |
|  | Hilan Ltd. | 69162 | 4415683 |
|  | ICL Group Ltd. | 527561 | 3521693 |
|  | IDI Insurance Co. Ltd. | 37414 | 1752164 |
|  \* | IES Holdings Ltd. | 5166 | 307801 |
|  | Ilex Medical Ltd. | 11771 | 195037 |
|  | Inrom Construction Industries Ltd. | 328521 | 1376911 |
|  | Isracard Ltd. | 482737 | 2273334 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Israel Canada TR Ltd. | 181820 | $591821 |
|  | Israel Discount Bank Ltd., Class A | 1850248 | 13820394 |
|  | Israel Shipyards Industries Ltd. | 7116 | 257527 |
|  | Isras Investment Co. Ltd. | 4934 | 1064084 |
|  # | Issta Ltd. | 25299 | 579421 |
|  | Kamada Ltd. (KMDA IT) | 38092 | 248008 |
|  \* | Kamada Ltd. (KMDA US) | 37946 | 245511 |
|  | Kardan Real Estate Enterprise & Development Ltd. | 236728 | 346854 |
|  | Kerur Holdings Ltd. | 23328 | 500757 |
|  | Klil Industries Ltd. | 5157 | 287183 |
|  | Kvutzat Acro Ltd. | 33275 | 449804 |
|  # | Land Development Nimrodi Group Ltd. | 61365 | 482191 |
|  # | Lapidoth Capital Ltd. | 18593 | 320530 |
|  | M Yochananof & Sons Ltd. | 18750 | 1268087 |
|  | Magic Software Enterprises Ltd. (MGIC IT) | 19579 | 270776 |
|  | Magic Software Enterprises Ltd. (MGIC US) | 53152 | 735624 |
|  \* | Malam - Team Ltd. | 4392 | 89722 |
|  | Matrix IT Ltd. | 163299 | 3997074 |
|  | Max Stock Ltd. | 191035 | 729932 |
|  # | Maytronics Ltd. | 105870 | 119709 |
|  | Mediterranean Towers Ltd. | 314007 | 950732 |
|  | Mega Or Holdings Ltd. | 65529 | 2228120 |
|  | Meitav Investment House Ltd. | 163940 | 2112080 |
|  | Melisron Ltd. | 31412 | 2672405 |
|  | MENIF - Financial Services Ltd. | 6350 | 32392 |
|  | Menora Mivtachim Holdings Ltd. | 101172 | 5358773 |
|  \* | Meshek Energy Renewable Energies Ltd. | 55117 | 42790 |
|  # | Meshulam Levinstein Contracting & Engineering Ltd. | 6119 | 649023 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Migdal Insurance & Financial Holdings Ltd. | 1716318 | $3300816 |
|  | Mivne Real Estate KD Ltd. | 839510 | 2449504 |
|  | Mivtach Shamir Holdings Ltd. | 19553 | 1353536 |
|  | Mizrahi Tefahot Bank Ltd. | 271604 | 13753344 |
|  | Nawi Group Ltd. | 59172 | 807422 |
|  \* | Nayax Ltd. | 8950 | 375758 |
|  | Neto Malinda Trading Ltd. | 9641 | 291622 |
|  \* | Neto ME Holdings Ltd. | 3268 | 151528 |
|  | Next Vision Stabilized Systems Ltd. | 171626 | 4520958 |
|  #\* | Nice Ltd. (NICE US), Sponsored ADR | 10434 | 1626191 |
|  \* | Nova Ltd. (NVMI IT) | 21720 | 4193543 |
|  | Novolog Ltd. | 325479 | 135603 |
|  | Oil Refineries Ltd. | 10285361 | 2582387 |
|  | One Software Technologies Ltd. | 92305 | 1743844 |
|  \* | OPC Energy Ltd. | 126781 | 1197507 |
|  \* | OY Nofar Energy Ltd. | 3691 | 86390 |
|  | Palram Industries 1990 Ltd. | 25342 | 539223 |
|  # | Partner Communications Co. Ltd. | 543882 | 3613390 |
|  | Paz Retail & Energy Ltd. | 41742 | 5893798 |
|  | Peninsula Group Ltd. | 90236 | 56580 |
|  \* | Perion Network Ltd. | 85830 | 810083 |
|  | Phoenix Financial Ltd. | 398290 | 7843543 |
|  | Plasson Industries Ltd. | 11331 | 621765 |
|  | Plus500 Ltd. | 364123 | 14926239 |
|  | Polyram Plastic Industries Ltd. | 33733 | 91486 |
|  | Prashkovsky Investments & Construction Ltd. | 22906 | 590270 |
|  #\* | Priortech Ltd. | 17231 | 700011 |
|  | Qualitau Ltd. | 3708 | 208266 |
|  # | Rami Levy Chain Stores Hashikma Marketing 2006 Ltd. | 37873 | 2897688 |
|  \* | Rani Zim Shopping Centers Ltd | 71393 | 87109 |
|  | Retailors Ltd. | 37539 | 774810 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Sano-Brunos Enterprises Ltd. | 139 | $| 12303 |
|  #\* | Scope Metals Group Ltd. | 29813 |  | 1030454 |
|  | Shapir Engineering & Industry Ltd. | 68815 |  | 480030 |
|  #\* | Shikun & Binui Ltd. | 846748 |  | 2773914 |
|  \* | Shikun & Binui Soltec Renewable Energy | 14820 |  | 9600 |
|  | Shufersal Ltd. | 297688 |  | 2787212 |
|  # | Strauss Group Ltd. | 30620 |  | 693012 |
|  | Summit Real Estate Holdings Ltd. | 160850 |  | 2372690 |
|  | Suny Cellular Communication Ltd. | 183699 |  | 59230 |
|  | Tadiran Group Ltd. | 10126 |  | 562170 |
|  W | Tamar Petroleum Ltd. | 91788 |  | 867293 |
|  \* | TAT Technologies Ltd. | 7244 |  | 199638 |
|  | Tel Aviv Stock Exchange Ltd. | 188178 |  | 2313700 |
|  # | Telsys Ltd. | 7024 |  | 330946 |
|  \* | Tera Light Ltd. | 1738 |  | 4396 |
|  \* | Teva Pharmaceutical Industries Ltd. (TEVA IT) | 314182 |  | 4871909 |
|  \* | Teva Pharmaceutical Industries Ltd. (TEVA US), Sponsored ADR | 646959 |  | 10034334 |
|  | Tiv Taam Holdings 1 Ltd. | 207976 |  | 437104 |
|  #\* | Tower Semiconductor Ltd. (TSEM US) | 58012 |  | 2075669 |
|  | Turpaz Industries Ltd. | 14761 |  | 107587 |
|  | Victory Supermarket Chain Ltd. | 102 |  | 1220 |
|  | YD More Investments Ltd. | 53863 |  | 239591 |
|  | YH Dimri Construction & Development Ltd. | 14071 |  | 1187312 |
|  TOTAL ISRAEL | TOTAL ISRAEL | TOTAL ISRAEL |  | 316379525 |
|  ITALY — (2.7%) | ITALY — (2.7%) | ITALY — (2.7%) | ITALY — (2.7%) | ITALY — (2.7%) |
|  | A2A SpA | 6174034 |  | 15702234 |
|  \* | Abitare In SpA | 11287 |  | 41055 |
|  | ACEA SpA | 221961 |  | 5214449 |
|  #\* | Aeffe SpA | 143961 |  | 98739 |
|  | Amplifon SpA | 447216 |  | 8559243 |
|  | Arnoldo Mondadori Editore SpA | 796298 |  | 1938119 |
|  | Ascopiave SpA | 302866 |  | 1133428 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
|  | Avio SpA | 35879 | $779748 |
|  | Azimut Holding SpA | 502932 | 13976040 |
|  | Banca Generali SpA | 294523 | 17473376 |
|  | Banca IFIS SpA | 120115 | 3009623 |
|  | Banca Mediolanum SpA | 636988 | 9522880 |
|  # | Banca Monte dei Paschi di Siena SpA | 3480693 | 29435443 |
|  | Banca Popolare di Sondrio SpA | 2126626 | 26648490 |
|  # | Banca Profilo SpA | 963146 | 198521 |
|  W | Banca Sistema SpA | 234953 | 440198 |
|  | Banco BPM SpA | 4773661 | 53286075 |
|  | Banco di Desio e della Brianza SpA | 100099 | 858813 |
|  | BasicNet SpA | 4285 | 35992 |
|  W | BFF Bank SpA | 616198 | 5837740 |
|  # | Biesse SpA | 16733 | 133953 |
|  # | BPER Banca SpA | 5171852 | 42006216 |
|  # | Brunello Cucinelli SpA | 136585 | 15420401 |
|  | Buzzi SpA | 260096 | 13629817 |
|  # | Cairo Communication SpA | 231262 | 755497 |
|  #W | Carel Industries SpA | 47234 | 946689 |
|  | Cembre SpA | 6702 | 370638 |
|  \* | CIR SpA-Compagnie Industriali | 2238490 | 1485143 |
|  | Comer Industries SpA | 993 | 33434 |
|  | Credito Emiliano SpA | 406582 | 5589607 |
|  # | Danieli & C Officine Meccaniche SpA (DAN IM) | 55127 | 1898607 |
|  | Danieli & C Officine Meccaniche SpA (DANR IM) | 163712 | 4430891 |
|  | Datalogic SpA | 44649 | 216015 |
|  \*W | doValue SpA | 101128 | 208498 |
|  | Emak SpA | 287089 | 257117 |
|  W | Enav SpA | 107033 | 473961 |
|  | Enel SpA | 7879569 | 68307770 |
|  # | Eni SpA (E US), Sponsored ADR | 35842 | 1018271 |
|  | Eni SpA (ENI IM) | 3809218 | 54553861 |
|  # | ERG SpA | 49735 | 1017467 |
|  \* | Esprinet SpA | 134200 | 801435 |
|  | Fiera Milano SpA | 13338 | 77558 |
|  | Fila SpA | 51466 | 670512 |
|  | FinecoBank Banca Fineco SpA | 1740117 | 34821351 |
|  | FNM SpA | 658558 | 298505 |
|  \* | Garofalo Health Care SpA | 19608 | 119948 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
|  # | Gefran SpA | 19486 | $201644 |
|  # | Generali | 174768 | 6387374 |
|  | GPI SpA | 3556 | 37137 |
|  | Hera SpA | 2932168 | 13881548 |
|  # | IMMSI SpA | 635850 | 359829 |
|  W | Infrastrutture Wireless Italiane SpA | 251239 | 3000332 |
|  | Intercos SpA | 24995 | 376229 |
|  | Intesa Sanpaolo SpA | 8812451 | 47043375 |
|  | Iren SpA | 1706523 | 4872003 |
|  # | Italgas SpA | 1441065 | 11839817 |
|  # | Italian Sea Group SpA | 47208 | 302188 |
|  | Italmobiliare SpA | 38013 | 1058342 |
|  | Leonardo SpA | 226762 | 11788976 |
|  | LU-VE SpA | 14085 | 455657 |
|  | Maire SpA | 626222 | 6763544 |
|  #\*†† | Mariella Burani Fashion Group SpA | 2868 | 0 |
|  # | MARR SpA | 32221 | 356439 |
|  | Mediobanca Banca di Credito Finanziario SpA | 1384582 | 28320268 |
|  | Moltiply Group SpA | 61269 | 3035980 |
|  | Moncler SpA | 320581 | 19786539 |
|  \* | Newlat Food SpA | 37066 | 721051 |
|  \*W | Nexi SpA | 1239733 | 7241353 |
|  | Orsero SpA | 27544 | 409376 |
|  W | OVS SpA | 1268772 | 4579336 |
|  | Pharmanutra SpA | 13984 | 856481 |
|  # | Piaggio & C SpA | 527512 | 1035536 |
|  W | Pirelli & C SpA | 1354967 | 8377082 |
|  W | Poste Italiane SpA | 646985 | 13131983 |
|  | PRADA SpA | 786600 | 4911415 |
|  | Prysmian SpA | 308133 | 16926426 |
|  W | RAI Way SpA | 443480 | 3037588 |
|  | Recordati Industria Chimica e Farmaceutica SpA | 183322 | 10817523 |
|  | Reply SpA | 65946 | 11773301 |
|  | Rizzoli Corriere Della Sera Mediagroup SpA | 670863 | 746904 |
|  | Sabaf SpA | 34522 | 586227 |
|  #\* | Safilo Group SpA | 145732 | 119162 |
|  #\* | Saipem SpA | 4525695 | 10454217 |
|  # | Salvatore Ferragamo SpA | 92525 | 579704 |
|  # | Sanlorenzo SpA | 53430 | 1715291 |
|  # | Sesa SpA | 23255 | 1965495 |
|  | Snam SpA | 2079886 | 11937463 |
|  # | Sogefi SpA | 258428 | 607784 |
|  | SOL SpA | 145703 | 6652317 |
|  # | Spaxs SpA | 225056 | 889001 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
|  | Tamburi Investment Partners SpA | 200556 | $| 1716870 |
|  W | Technogym SpA | 457549 |  | 6182785 |
|  \* | Telecom Italia SpA (TIIAY US), Sponsored ADR | 179044 |  | 700062 |
|  #\* | Telecom Italia SpA (TIT IM) | 31851855 |  | 12614428 |
|  \* | Telecom Italia SpA (TITR IM) | 1222501 |  | 543730 |
|  | Terna - Rete Elettrica Nazionale | 1564057 |  | 15552683 |
|  | TXT e-solutions SpA | 10450 |  | 373575 |
|  | UniCredit SpA | 1593391 |  | 92704858 |
|  | Unipol Assicurazioni SpA | 2005427 |  | 35970762 |
|  # | Webuild SpA | 1506169 |  | 5464477 |
|  # | Wiit SpA | 34624 |  | 606386 |
|  # | Zignago Vetro SpA | 22251 |  | 223831 |
|  TOTAL ITALY | TOTAL ITALY | TOTAL ITALY |  | 896327052 |
|  JAPAN — (21.5%) | JAPAN — (21.5%) | JAPAN — (21.5%) | JAPAN — (21.5%) | JAPAN — (21.5%) |
|  | &Do Holdings Co. Ltd. | 27200 |  | 260228 |
|  | 77 Bank Ltd. | 289674 |  | 9078632 |
|  # | A&D HOLON Holdings Co. Ltd. | 106800 |  | 1336665 |
|  # | AB & Company Co. Ltd. | 13700 |  | 86921 |
|  | ABC-Mart, Inc. | 93900 |  | 1746350 |
|  | Achilles Corp. | 68300 |  | 644324 |
|  | Acom Co. Ltd. | 1090600 |  | 3055971 |
|  | AD Works Group Co. Ltd. | 184699 |  | 341792 |
|  | Adastria Co. Ltd. | 155500 |  | 3177168 |
|  | ADEKA Corp. | 369800 |  | 6666357 |
|  # | Ad-sol Nissin Corp. | 60600 |  | 428534 |
|  | Advan Group Co. Ltd. | 61500 |  | 350116 |
|  | Advanced Media, Inc. | 34100 |  | 210924 |
|  | Advantest Corp. | 654100 |  | 27364887 |
|  # | Adventure, Inc. | 1700 |  | 44888 |
|  | Adways, Inc. | 9700 |  | 17979 |
|  | Aeon Co. Ltd. | 570368 |  | 16866466 |
|  | Aeon Fantasy Co. Ltd. | 29100 |  | 479561 |
|  | AEON Financial Service Co. Ltd. | 454600 |  | 3761785 |
|  # | Aeon Hokkaido Corp. | 114100 |  | 698590 |
|  # | Aeon Kyushu Co. Ltd. | 7100 |  | 126124 |
|  | Aeon Mall Co. Ltd. | 177620 |  | 3408103 |
|  | AFC-HD AMS Life Science Co. Ltd. | 19871 |  | 118707 |
|  | AGC, Inc. | 400800 |  | 12513733 |
|  # | Ahresty Corp. | 92200 |  | 422692 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Ai Holdings Corp. | 68400 | $1012196 |
|  | Aica Kogyo Co. Ltd. | 146500 | 3396501 |
|  | Aichi Corp. | 141700 | 1275237 |
|  | Aichi Financial Group, Inc. | 91551 | 1754142 |
|  # | Aichi Steel Corp. | 59200 | 3489283 |
|  | Aichi Tokei Denki Co. Ltd. | 34800 | 479067 |
|  | Aida Engineering Ltd. | 197800 | 1227468 |
|  # | Aidma Holdings, Inc. | 4300 | 53237 |
|  | Aiful Corp. | 1088100 | 2718417 |
|  # | Ain Holdings, Inc. | 110998 | 4278346 |
|  | Aiphone Co. Ltd. | 47500 | 836130 |
|  | Air Water, Inc. | 781700 | 10659576 |
|  # | Airman Corp. | 91200 | 1185160 |
|  # | Airport Facilities Co. Ltd. | 123000 | 575339 |
|  | Airtech Japan Ltd. | 30500 | 225094 |
|  # | Airtrip Corp. | 37200 | 245798 |
|  | Aisan Industry Co. Ltd. | 198800 | 2686805 |
|  | Aisin Corp. | 915546 | 11628639 |
|  # | AIT Corp. | 35800 | 439904 |
|  | Ajinomoto Co., Inc. | 659000 | 13479235 |
|  | Ajis Co. Ltd. | 17700 | 319178 |
|  | Akatsuki Corp. | 107500 | 366645 |
|  | Akatsuki, Inc. | 23100 | 563236 |
|  #\* | Akebono Brake Industry Co. Ltd. | 457624 | 330202 |
|  | Akita Bank Ltd. | 77000 | 1318059 |
|  | Albis Co. Ltd. | 27100 | 564455 |
|  | Alconix Corp. | 130635 | 1410887 |
|  | Alfresa Holdings Corp. | 501500 | 7570710 |
|  # | Alinco, Inc. | 85300 | 601518 |
|  # | Alleanza Holdings Co. Ltd. | 58700 | 426526 |
|  | Allied Telesis Holdings KK | 36900 | 39422 |
|  # | Almado, Inc. | 3900 | 30356 |
|  | Alpen Co. Ltd. | 75974 | 1266147 |
|  | Alpha Corp. | 28109 | 214611 |
|  # | Alpha Systems, Inc. | 13920 | 318475 |
|  | Alps Alpine Co. Ltd. | 891204 | 9053064 |
|  # | Altech Corp. | 90210 | 1694482 |
|  | Amada Co. Ltd. | 1035300 | 10366487 |
|  | Amano Corp. | 196700 | 5727146 |
|  # | Amiyaki Tei Co. Ltd. | 39900 | 400304 |
|  # | Amuse, Inc. | 39700 | 450683 |
|  # | Amvis Holdings, Inc. | 152800 | 492016 |
|  | ANA Holdings, Inc. | 152400 | 2927516 |
|  # | Anabuki Kosan, Inc. | 12300 | 189419 |
|  | Anest Iwata Corp. | 140700 | 1099696 |
|  | Anicom Holdings, Inc. | 243700 | 1017285 |
|  \* | Anrakutei Co. Ltd. | 2200 | 108694 |

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------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Anycolor, Inc. | 14500 | $373864 |
|  | AOI Electronics Co. Ltd. | 6800 | 83319 |
|  | AOKI Holdings, Inc. | 172600 | 1537971 |
|  | Aoyama Trading Co. Ltd. | 199400 | 2863429 |
|  | Aoyama Zaisan Networks Co. Ltd. | 91800 | 1241774 |
|  # | Aozora Bank Ltd. | 350700 | 4842126 |
|  | Arakawa Chemical Industries Ltd. | 75604 | 562181 |
|  | Arata Corp. | 131700 | 2934770 |
|  # | Araya Industrial Co. Ltd. | 17000 | 548093 |
|  | ARCLANDS Corp. | 154386 | 1876744 |
|  | Arcs Co. Ltd. | 178373 | 3588638 |
|  | ARE Holdings, Inc. | 263800 | 3277473 |
|  | Arealink Co. Ltd. | 70300 | 1081484 |
|  #\* | Arent, Inc. | 4000 | 142905 |
|  | Argo Graphics, Inc. | 48200 | 1704117 |
|  | Arisawa Manufacturing Co. Ltd. | 132200 | 1204781 |
|  | Artience Co. Ltd. | 173500 | 3580468 |
|  # | Artnature, Inc. | 80200 | 449109 |
|  # | Artner Co. Ltd. | 15800 | 208164 |
|  | As One Corp. | 146160 | 2316438 |
|  | Asahi Co. Ltd. | 77700 | 751868 |
|  | Asahi Diamond Industrial Co. Ltd. | 262727 | 1358161 |
|  | Asahi Group Holdings Ltd. | 1591000 | 21991262 |
|  | Asahi Intecc Co. Ltd. | 361700 | 5561063 |
|  | Asahi Kasei Corp. | 2505200 | 17458090 |
|  # | Asahi Kogyosha Co. Ltd. | 72600 | 1084154 |
|  # | Asahi Net, Inc. | 76400 | 370287 |
|  # | Asahi Yukizai Corp. | 70100 | 1837362 |
|  | Asanuma Corp. | 315600 | 1660759 |
|  | Asax Co. Ltd. | 6600 | 33260 |
|  | Ashimori Industry Co. Ltd. | 18800 | 353623 |
|  | Asia Pile Holdings Corp. | 175800 | 1109058 |
|  | Asics Corp. | 894500 | 19226422 |
|  | ASKA Pharmaceutical Holdings Co. Ltd. | 78800 | 1285351 |
|  # | ASKUL Corp. | 172900 | 1840259 |
|  | Astellas Pharma, Inc. | 455000 | 4556436 |
|  | Astena Holdings Co. Ltd. | 165800 | 561260 |
|  | Asti Corp. | 14099 | 190526 |
|  | Atrae, Inc. | 28100 | 138280 |
|  \* | Atsugi Co. Ltd. | 67800 | 478593 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Aucnet, Inc. | 86000 | $748449 |
|  | Autobacs Seven Co. Ltd. | 281800 | 2924376 |
|  | Aval Data Corp. | 1800 | 25257 |
|  | Avant Group Corp. | 83700 | 1043594 |
|  | Avex, Inc. | 79415 | 732759 |
|  | Awa Bank Ltd. | 247522 | 4758762 |
|  | Axell Corp. | 22900 | 168809 |
|  | Axial Retailing, Inc. | 301556 | 2293954 |
|  | Azbil Corp. | 930120 | 8009534 |
|  # | AZ-COM MARUWA Holdings, Inc. | 229600 | 2123952 |
|  | AZOOM Co. Ltd. | 5200 | 284457 |
|  | Bandai Namco Holdings, Inc. | 570500 | 19826311 |
|  | Bando Chemical Industries Ltd. | 150900 | 1577292 |
|  | Bank of Iwate Ltd. | 67300 | 1374933 |
|  | Bank of Kochi Ltd. | 16800 | 89115 |
|  | Bank of Nagoya Ltd. | 54699 | 2879923 |
|  | Bank of Saga Ltd. | 58280 | 891207 |
|  | Bank of the Ryukyus Ltd. | 277500 | 2106192 |
|  | Base Co. Ltd. | 27600 | 600045 |
|  \* | baudroie, Inc. | 7800 | 309653 |
|  | BayCurrent, Inc. | 265000 | 14279146 |
|  # | Beauty Garage, Inc. | 30200 | 315920 |
|  | Beenos, Inc. | 45400 | 1270006 |
|  | Belc Co. Ltd. | 52938 | 2617893 |
|  | Bell System24 Holdings, Inc. | 155300 | 1285207 |
|  | Belluna Co. Ltd. | 219708 | 1505861 |
|  # | Bewith, Inc. | 21600 | 254246 |
|  | Bic Camera, Inc. | 291200 | 3122708 |
|  | BIPROGY, Inc. | 247200 | 8073095 |
|  | B-Lot Co. Ltd. | 41200 | 380675 |
|  | BML, Inc. | 108400 | 2261040 |
|  # | Bookoff Group Holdings Ltd. | 42000 | 442195 |
|  | Bourbon Corp. | 2800 | 52508 |
|  | Br Holdings Corp. | 117800 | 277555 |
|  | B-R31 Ice Cream Co. Ltd. | 700 | 19976 |
|  # | BrainPad, Inc. | 59900 | 444745 |
|  | Bridgestone Corp. | 863500 | 36107384 |
|  | Broadmedia Corp. | 14659 | 174970 |
|  # | BRONCO BILLY Co. Ltd. | 6800 | 170062 |
|  | Brother Industries Ltd. | 454600 | 7988945 |
|  | Buffalo, Inc. | 22500 | 325632 |
|  | Bunka Shutter Co. Ltd. | 243600 | 3487441 |
|  | Business Brain Showa-Ota, Inc. | 19900 | 376353 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Business Engineering Corp. | 15800 | $421074 |
|  | BuySell Technologies Co. Ltd. | 7800 | 169474 |
|  | C Uyemura & Co. Ltd. | 19400 | 1255489 |
|  | CAC Holdings Corp. | 42200 | 611630 |
|  | Calbee, Inc. | 248300 | 4994503 |
|  | Canon Electronics, Inc. | 80801 | 1316847 |
|  | Canon Marketing Japan, Inc. | 150000 | 5309979 |
|  # | Canon, Inc. (7751 JP) | 314334 | 9700261 |
|  | Canon, Inc. (CAJ US), Sponsored ADR | 29783 | 914934 |
|  | Capcom Co. Ltd. | 622300 | 18015901 |
|  | Career Design Center Co. Ltd. | 16300 | 204437 |
|  # | Careerlink Co. Ltd. | 27900 | 418803 |
|  # | Carenet, Inc. | 33700 | 173632 |
|  # | Carlit Co. Ltd. | 76100 | 571539 |
|  | Casa, Inc. | 5100 | 29147 |
|  | Casio Computer Co. Ltd. | 292700 | 2289082 |
|  | Cawachi Ltd. | 72600 | 1422012 |
|  | CDS Co. Ltd. | 5900 | 75878 |
|  # | Celsys, Inc. | 170800 | 1552399 |
|  | Central Automotive Products Ltd. | 111900 | 1325618 |
|  | Central Glass Co. Ltd. | 124100 | 2596432 |
|  | Central Japan Railway Co. | 327400 | 6889758 |
|  | Central Security Patrols Co. Ltd. | 33100 | 624745 |
|  # | Central Sports Co. Ltd. | 20506 | 344629 |
|  # | Ceres, Inc. | 19200 | 290930 |
|  # | Change Holdings, Inc. | 167600 | 1591322 |
|  | Charm Care Corp. KK | 66100 | 583568 |
|  | Chiba Bank Ltd. | 893763 | 7946875 |
|  # | Chiba Kogyo Bank Ltd. | 204900 | 1780396 |
|  # | Chikaranomoto Holdings Co. Ltd. | 43800 | 394447 |
|  | CHIMNEY Co. Ltd. | 7500 | 64138 |
|  # | Chino Corp. | 30600 | 411096 |
|  | Chiyoda Co. Ltd. | 59100 | 505851 |
|  | Chiyoda Integre Co. Ltd. | 54000 | 1024750 |
|  | Chofu Seisakusho Co. Ltd. | 85500 | 1078461 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Chori Co. Ltd. | 47000 | $1192284 |
|  # | Choushimaru Co. Ltd. | 6100 | 65163 |
|  | Chubu Electric Power Co., Inc. | 596400 | 7744445 |
|  | Chubu Shiryo Co. Ltd. | 112498 | 1126206 |
|  | Chudenko Corp. | 153300 | 3769652 |
|  | Chuetsu Pulp & Paper Co. Ltd. | 38211 | 406724 |
|  | Chugai Pharmaceutical Co. Ltd. | 439200 | 25302097 |
|  # | Chugai Ro Co. Ltd. | 25600 | 680042 |
|  | Chugin Financial Group, Inc. | 490700 | 5512578 |
|  # | Chugoku Electric Power Co., Inc. | 525100 | 2791468 |
|  | Chugoku Marine Paints Ltd. | 139900 | 2032012 |
|  | Chuo Gyorui Co. Ltd. | 3800 | 88899 |
|  | Chuo Spring Co. Ltd. | 85869 | 883822 |
|  | Citizen Watch Co. Ltd. | 956150 | 5530893 |
|  | CKD Corp. | 147900 | 2155817 |
|  # | CK-San-Etsu Co. Ltd. | 16400 | 424056 |
|  | Cleanup Corp. | 135600 | 613235 |
|  # | CMK Corp. | 302700 | 837466 |
|  | Coca-Cola Bottlers Japan Holdings, Inc. | 418652 | 7865137 |
|  | COLOPL, Inc. | 186400 | 618390 |
|  # | Colowide Co. Ltd. | 286100 | 3603710 |
|  | Computer Engineering & Consulting Ltd. | 85900 | 1279557 |
|  # | Computer Institute of Japan Ltd. | 143970 | 469910 |
|  | COMSYS Holdings Corp. | 265094 | 5875559 |
|  | Comture Corp. | 96700 | 1129910 |
|  | Concordia Financial Group Ltd. | 1891211 | 12232266 |
|  | Copro-Holdings Co. Ltd. | 16700 | 195652 |
|  #\* | Core Concept Technologies, Inc. | 5700 | 41462 |
|  # | Core Corp. | 17200 | 212880 |
|  | Corona Corp. | 62900 | 405027 |
|  # | Cosel Co. Ltd. | 101300 | 763264 |
|  | Cosmo Energy Holdings Co. Ltd. | 265800 | 10908975 |
|  | Cosmos Initia Co. Ltd. | 43100 | 368497 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Cosmos Pharmaceutical Corp. | 108200 | $6961544 |
|  # | Cota Co. Ltd. | 63881 | 638901 |
|  | Create Medic Co. Ltd. | 3300 | 21661 |
|  | Create Restaurants Holdings, Inc. | 475400 | 4634456 |
|  # | Create SD Holdings Co. Ltd. | 100800 | 2147691 |
|  | Credit Saison Co. Ltd. | 591900 | 13822597 |
|  | Creek & River Co. Ltd. | 52200 | 565684 |
|  | Cresco Ltd. | 134600 | 1131154 |
|  | Cross Cat Co. Ltd. | 11500 | 84416 |
|  | CrowdWorks, Inc. | 13200 | 104398 |
|  | CTI Engineering Co. Ltd. | 108500 | 1810225 |
|  | CTS Co. Ltd. | 102900 | 577183 |
|  | Cube System, Inc. | 15600 | 109963 |
|  \* | CUC, Inc. | 20900 | 164328 |
|  | Curves Holdings Co. Ltd. | 185200 | 897185 |
|  #\* | Cyber Security Cloud, Inc. | 17700 | 212179 |
|  | CyberAgent, Inc. | 791100 | 6771835 |
|  | Cybozu, Inc. | 112900 | 2341691 |
|  | Dai Nippon Printing Co. Ltd. | 568800 | 7928348 |
|  | Dai Nippon Toryo Co. Ltd. | 107600 | 956977 |
|  | Daicel Corp. | 1108000 | 9431475 |
|  | Dai-Dan Co. Ltd. | 110600 | 3214957 |
|  # | Daido Metal Co. Ltd. | 171824 | 595998 |
|  | Daido Steel Co. Ltd. | 568500 | 4283602 |
|  | Daiei Kankyo Co. Ltd. | 3600 | 73753 |
|  | Daifuku Co. Ltd. | 323200 | 8550083 |
|  # | Daihatsu Diesel Manufacturing Co. Ltd. | 76100 | 960240 |
|  | Daihen Corp. | 2000 | 88249 |
|  # | Daiho Corp. | 145500 | 816154 |
|  | Dai-Ichi Cutter Kogyo KK | 29400 | 285497 |
|  | Daiichi Jitsugyo Co. Ltd. | 78000 | 1248240 |
|  # | Daiichi Kigenso Kagaku-Kogyo Co. Ltd. | 92800 | 436310 |
|  | Dai-ichi Life Holdings, Inc. | 2923552 | 21109351 |
|  | Daiichi Sankyo Co. Ltd. | 248600 | 6359340 |
|  | Daiichikosho Co. Ltd. | 273554 | 3199192 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Daiken Medical Co. Ltd. | 65400 | $218171 |
|  | Daiki Aluminium Industry Co. Ltd. | 158400 | 1040086 |
|  | Daiki Axis Co. Ltd. | 21800 | 101472 |
|  | Daikin Industries Ltd. | 222000 | 25290956 |
|  # | Daikoku Denki Co. Ltd. | 20300 | 366922 |
|  # | Daikokutenbussan Co. Ltd. | 21600 | 1146499 |
|  | Daikyonishikawa Corp. | 185100 | 738699 |
|  | Dainichi Co. Ltd. | 23400 | 106073 |
|  | Dainichiseika Color & Chemicals Manufacturing Co. Ltd. | 60659 | 1285042 |
|  # | Daio Paper Corp. | 414700 | 2645789 |
|  | Daiseki Co. Ltd. | 146790 | 3741060 |
|  | Daiseki Eco. Solution Co. Ltd. | 15200 | 113508 |
|  | Daishi Hokuetsu Financial Group, Inc. | 368048 | 8058036 |
|  | Daishinku Corp. | 162200 | 592440 |
|  | Daisue Construction Co. Ltd. | 42100 | 603967 |
|  # | Daisyo Corp. | 12400 | 98989 |
|  # | Daito Bank Ltd. | 5100 | 23877 |
|  | Daito Pharmaceutical Co. Ltd. | 62334 | 908658 |
|  | Daito Trust Construction Co. Ltd. | 108200 | 12046666 |
|  | Daitron Co. Ltd. | 44100 | 986634 |
|  | Daiwa House Industry Co. Ltd. | 1163900 | 42113304 |
|  | Daiwa Industries Ltd. | 108100 | 1238245 |
|  | Daiwa Securities Group, Inc. | 1774500 | 11668977 |
|  | Daiwabo Holdings Co. Ltd. | 442200 | 7487781 |
|  | DCM Holdings Co. Ltd. | 532280 | 5061224 |
|  #\* | DD GROUP Co. Ltd. | 45300 | 391611 |
|  | Dear Life Co. Ltd. | 135400 | 1057077 |
|  | Delica Foods Holdings Co. Ltd. | 14600 | 51576 |
|  #\* | Demae-Can Co. Ltd. | 95600 | 159937 |
|  #\* | DeNA Co. Ltd. | 11900 | 321724 |
|  # | Denka Co. Ltd. | 482800 | 6588743 |
|  # | Densan System Holdings Co. Ltd. | 26800 | 468656 |
|  | Denso Corp. | 911300 | 11766641 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Dentsu Group, Inc. | 242000 | $5073800 |
|  | Dentsu Soken, Inc. | 99700 | 4366065 |
|  # | Denyo Co. Ltd. | 75900 | 1250312 |
|  | Dexerials Corp. | 547200 | 6429086 |
|  | DIC Corp. | 363584 | 7095301 |
|  # | Digital Arts, Inc. | 46100 | 2281642 |
|  # | Digital Hearts Holdings Co. Ltd. | 56200 | 390077 |
|  # | Digital Holdings, Inc. | 49700 | 481239 |
|  | Digital Information Technologies Corp. | 39900 | 682346 |
|  | Dip Corp. | 136000 | 1976146 |
|  | Disco Corp. | 80600 | 15594445 |
|  | DKK Co. Ltd. | 42900 | 568067 |
|  # | DKS Co. Ltd. | 33353 | 615009 |
|  # | DMG Mori Co. Ltd. | 434500 | 7552353 |
|  | DMS, Inc. | 1300 | 26357 |
|  | DMW Corp. | 900 | 25732 |
|  | Doshisha Co. Ltd. | 89300 | 1399557 |
|  | Double Standard, Inc. | 23400 | 243742 |
|  | Doutor Nichires Holdings Co. Ltd. | 122323 | 2291175 |
|  | Dowa Holdings Co. Ltd. | 247100 | 7928100 |
|  | DTS Corp. | 172400 | 4903378 |
|  | Duskin Co. Ltd. | 171500 | 4508001 |
|  # | DyDo Group Holdings, Inc. | 71200 | 1454963 |
|  | Eagle Industry Co. Ltd. | 103800 | 1337615 |
|  | East Japan Railway Co. | 412500 | 8941710 |
|  # | EAT&HOLDINGS Co. Ltd. | 27800 | 403572 |
|  | Ebara Corp. | 926000 | 13910170 |
|  | Ebara Foods Industry, Inc. | 11300 | 210980 |
|  | Ebara Jitsugyo Co. Ltd. | 25300 | 634035 |
|  | Ebase Co. Ltd. | 76362 | 285448 |
|  # | Eco's Co. Ltd. | 40700 | 696284 |
|  | EDION Corp. | 436100 | 5819725 |
|  | EF-ON, Inc. | 76539 | 183320 |
|  | eGuarantee, Inc. | 101300 | 1256547 |
|  # | E-Guardian, Inc. | 8154 | 126438 |
|  # | Ehime Bank Ltd. | 169998 | 1240425 |
|  | Eidai Co. Ltd. | 108100 | 181996 |
|  | Eisai Co. Ltd. | 122100 | 3529174 |
|  | Eizo Corp. | 179100 | 2562514 |
|  # | EJ Holdings, Inc. | 40500 | 457154 |
|  | Elan Corp. | 37300 | 188096 |
|  | Elecom Co. Ltd. | 138900 | 1629764 |
|  # | Electric Power Development Co. Ltd. | 259700 | 4559149 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | EM Systems Co. Ltd. | 96500 | $508839 |
|  | en Japan, Inc. | 58400 | 670572 |
|  | Endo Lighting Corp. | 54000 | 588277 |
|  | ENEOS Holdings, Inc. | 6605020 | 31798075 |
|  | Enomoto Co. Ltd. | 32800 | 299390 |
|  # | Enplas Corp. | 16500 | 467345 |
|  | Entrust, Inc. | 18200 | 109537 |
|  | Envipro Holdings, Inc. | 47200 | 159161 |
|  # | eRex Co. Ltd. | 36500 | 214374 |
|  | ERI Holdings Co. Ltd. | 9100 | 138011 |
|  | ES-Con Japan Ltd. | 122300 | 910576 |
|  # | Eslead Corp. | 38800 | 1155029 |
|  | ESPEC Corp. | 68000 | 1085756 |
|  # | Eternal Hospitality Group Co. Ltd. | 26700 | 526722 |
|  | Exedy Corp. | 149100 | 4477307 |
|  | EXEO Group, Inc. | 640295 | 7476812 |
|  | Ezaki Glico Co. Ltd. | 126600 | 4176832 |
|  | F&M Co. Ltd. | 23100 | 345567 |
|  | FaithNetwork Co. Ltd. | 1900 | 26038 |
|  # | FALCO HOLDINGS Co. Ltd. | 39300 | 637533 |
|  | FANUC Corp. | 149066 | 3783244 |
|  | Fast Fitness Japan, Inc. | 24500 | 255425 |
|  | Fast Retailing Co. Ltd. | 125800 | 41381252 |
|  | FCC Co. Ltd. | 169500 | 3477849 |
|  \* | FDK Corp. | 3200 | 8528 |
|  | Feed One Co. Ltd. | 111416 | 707471 |
|  | Ferrotec Holdings Corp. | 305100 | 5267364 |
|  # | FFRI Security, Inc. | 13600 | 323886 |
|  # | Fibergate, Inc. | 33600 | 232844 |
|  # | FIDEA Holdings Co. Ltd. | 119140 | 1250825 |
|  | Financial Partners Group Co. Ltd. | 232500 | 3669108 |
|  | FINDEX, Inc. | 63600 | 312934 |
|  # | Fintech Global, Inc. | 632200 | 491994 |
|  # | First Bank of Toyama Ltd. | 38400 | 295934 |
|  | First-Corp., Inc. | 27500 | 183619 |
|  # | Fixstars Corp. | 90800 | 1115511 |
|  # | FJ Next Holdings Co. Ltd. | 90900 | 770610 |
|  # | Focus Systems Corp. | 27600 | 214708 |
|  | Food & Life Cos. Ltd. | 407300 | 15072219 |
|  | Forum Engineering, Inc. | 55200 | 404236 |
|  # | Forval Corp. | 4000 | 40926 |
|  | Foster Electric Co. Ltd. | 95110 | 809709 |
|  | FP Corp. | 198300 | 4276172 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | FP Partner, Inc. | 13000 | $222955 |
|  # | France Bed Holdings Co. Ltd. | 125500 | 1120673 |
|  # | Freebit Co. Ltd. | 55800 | 594069 |
|  # | Freund Corp. | 10900 | 57084 |
|  \* | Fronteo, Inc. | 17100 | 71564 |
|  | F-Tech, Inc. | 69700 | 246643 |
|  | FTGroup Co. Ltd. | 45100 | 345263 |
|  | Fudo Tetra Corp. | 67920 | 1110123 |
|  | Fuji Corp. (6134 JP) | 278700 | 4144552 |
|  # | Fuji Corp. (7605 JP) | 60200 | 813219 |
|  | Fuji Corp. Ltd. | 158855 | 783052 |
|  | Fuji Electric Co. Ltd. | 258560 | 11497316 |
|  | Fuji Kosan Co. Ltd. | 10900 | 101967 |
|  # | Fuji Kyuko Co. Ltd. | 85100 | 1241819 |
|  | Fuji Media Holdings, Inc. | 160200 | 3317323 |
|  | Fuji Nihon Corp. | 5400 | 40800 |
|  # | Fuji Oil Co. Ltd. | 387400 | 4773245 |
|  # | Fuji Pharma Co. Ltd. | 58800 | 564276 |
|  | Fuji Seal International, Inc. | 184207 | 3289021 |
|  | Fuji Soft, Inc. | 87900 | 6036388 |
|  # | Fujibo Holdings, Inc. | 47400 | 1651942 |
|  # | Fujicco Co. Ltd. | 88800 | 1008668 |
|  | FUJIFILM Holdings Corp. | 569025 | 11654981 |
|  | Fujikura Composites, Inc. | 101100 | 939802 |
|  # | Fujikura Kasei Co. Ltd. | 105200 | 350953 |
|  | Fujikura Ltd. | 428900 | 15958028 |
|  | Fujimi, Inc. | 87800 | 1149237 |
|  # | Fujio Food Group, Inc. | 18100 | 152221 |
|  | Fujisash Co. Ltd. | 14340 | 68986 |
|  | Fujishoji Co. Ltd. | 33700 | 255407 |
|  | Fujita Kanko, Inc. | 24900 | 1572789 |
|  | Fujitsu Ltd. | 1360790 | 30230567 |
|  # | Fujiya Co. Ltd. | 45000 | 742637 |
|  # | FuKoKu Co. Ltd. | 43300 | 487534 |
|  | Fukuda Corp. | 29500 | 1098782 |
|  | Fukuda Denshi Co. Ltd. | 84000 | 3564935 |
|  | Fukui Bank Ltd. | 90142 | 1107200 |
|  # | Fukui Computer Holdings, Inc. | 40900 | 1010867 |
|  | Fukuoka Financial Group, Inc. | 312656 | 8260453 |
|  | Fukuyama Transporting Co. Ltd. | 98400 | 2441399 |
|  | FULLCAST Holdings Co. Ltd. | 81600 | 913473 |
|  | Fumakilla Ltd. | 16801 | 130273 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Funai Soken Holdings, Inc. | 143520 | $2294429 |
|  \* | Furukawa Battery Co. Ltd. | 43800 | 422523 |
|  | Furukawa Co. Ltd. | 133164 | 1969485 |
|  | Furukawa Electric Co. Ltd. | 217688 | 6874925 |
|  | Furuno Electric Co. Ltd. | 108000 | 1924468 |
|  # | Furuya Metal Co. Ltd. | 53700 | 967126 |
|  | Furyu Corp. | 78400 | 512294 |
|  | Fuso Chemical Co. Ltd. | 108200 | 2625500 |
|  # | Fuso Pharmaceutical Industries Ltd. | 36798 | 618998 |
|  # | Futaba Corp. | 185000 | 658432 |
|  | Futaba Industrial Co. Ltd. | 267500 | 1480345 |
|  | Future Corp. | 213800 | 2695836 |
|  | Fuyo General Lease Co. Ltd. | 283500 | 7910921 |
|  | G-7 Holdings, Inc. | 126400 | 1262339 |
|  #\* | GA Technologies Co. Ltd. | 41500 | 416830 |
|  | Gakken Holdings Co. Ltd. | 141700 | 999280 |
|  | Gakkyusha Co. Ltd. | 30700 | 470458 |
|  # | Gakujo Co. Ltd. | 32900 | 383728 |
|  | Galilei Co. Ltd. | 113600 | 2279628 |
|  | Gecoss Corp. | 60749 | 496227 |
|  # | Genki Global Dining Concepts Corp. | 55800 | 1287468 |
|  | Genky DrugStores Co. Ltd. | 81600 | 2092460 |
|  | Geo Holdings Corp. | 122600 | 1667263 |
|  # | Gift Holdings, Inc. | 28100 | 712766 |
|  # | giftee, Inc. | 38300 | 416196 |
|  # | Giken Ltd. | 25400 | 254893 |
|  | Global Link Management KK | 4000 | 54066 |
|  # | Global Security Experts, Inc. | 1700 | 67205 |
|  # | GLOBERIDE, Inc. | 91298 | 1197202 |
|  | Glory Ltd. | 194745 | 3429009 |
|  | GLtechno Holdings, Inc. | 24400 | 478110 |
|  | GMO Financial Gate, Inc. | 14500 | 543435 |
|  # | GMO Financial Holdings, Inc. | 189500 | 1020135 |
|  | GMO GlobalSign Holdings KK | 18100 | 281070 |
|  | GMO internet group, Inc. | 262700 | 6177453 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | GMO Payment Gateway, Inc. | 92400 | $5787316 |
|  #\* | GNI Group Ltd. | 176600 | 2923639 |
|  # | Godo Steel Ltd. | 53900 | 1405277 |
|  \* | Gokurakuyu Holdings Co. Ltd. | 39100 | 135195 |
|  # | Goldcrest Co. Ltd. | 79030 | 1814252 |
|  | Goldwin, Inc. | 56000 | 3210607 |
|  # | Good Com Asset Co. Ltd. | 7700 | 65757 |
|  # | Gourmet Kineya Co. Ltd. | 6500 | 45584 |
|  # | Grandy House Corp. | 78000 | 300991 |
|  | GREE Holdings, Inc. | 239000 | 897431 |
|  | Greens Co. Ltd. | 30000 | 484743 |
|  # | gremz, Inc. | 34300 | 567718 |
|  | GS Yuasa Corp. | 343499 | 6033522 |
|  # | GSI Creos Corp. | 41400 | 558008 |
|  | G-Tekt Corp. | 107089 | 1229360 |
|  # | Gun-Ei Chemical Industry Co. Ltd. | 20900 | 458282 |
|  | GungHo Online Entertainment, Inc. | 132518 | 2804156 |
|  | Gunma Bank Ltd. | 1197801 | 9989367 |
|  | Gunze Ltd. | 147600 | 2653906 |
|  # | H.U. Group Holdings, Inc. | 175200 | 3437680 |
|  | H2O Retailing Corp. | 416960 | 5703059 |
|  | HABA Laboratories, Inc. | 2800 | 34259 |
|  | Hachijuni Bank Ltd. | 1450673 | 10949665 |
|  # | Hagihara Industries, Inc. | 45500 | 460677 |
|  # | Hagiwara Electric Holdings Co. Ltd. | 36100 | 782193 |
|  | Hagoromo Foods Corp. | 1500 | 35276 |
|  # | Hakudo Co. Ltd. | 22100 | 332426 |
|  | Hakuhodo DY Holdings, Inc. | 741100 | 5571897 |
|  | Halows Co. Ltd. | 50800 | 1546339 |
|  | Hamakyorex Co. Ltd. | 356400 | 3328190 |
|  | Hamamatsu Photonics KK | 533298 | 4931461 |
|  # | Hamee Corp. | 20200 | 168862 |
|  | Hankyu Hanshin Holdings, Inc. | 370300 | 10561762 |
|  | Hanwa Co. Ltd. | 163800 | 5430767 |
|  | Happinet Corp. | 78800 | 2957337 |
|  | Hard Off Corp. Co. Ltd. | 44600 | 586019 |
|  # | Harima Chemicals Group, Inc. | 67600 | 378912 |
|  | Haseko Corp. | 1089900 | 15566623 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Hazama Ando Corp. | 709280 | $7064148 |
|  | Heiwa Corp. | 257500 | 4008199 |
|  | Heiwa Real Estate Co. Ltd. | 107400 | 3539241 |
|  | Heiwado Co. Ltd. | 161796 | 3012334 |
|  | Helios Techno Holding Co. Ltd. | 4600 | 29043 |
|  # | Hennge KK | 61600 | 740079 |
|  # | Hibino Corp. | 4400 | 71955 |
|  # | Hibiya Engineering Ltd. | 87900 | 2149268 |
|  | Hiday Hidaka Corp. | 34800 | 758440 |
|  | Hikari Tsushin, Inc. | 10300 | 2856988 |
|  # | HI-LEX Corp. | 98800 | 1003517 |
|  | Himacs Ltd. | 2700 | 23877 |
|  | Himaraya Co. Ltd. | 21000 | 124408 |
|  #\* | Hino Motors Ltd. | 1267296 | 4029830 |
|  | Hioki EE Corp. | 38000 | 1515167 |
|  | Hirakawa Hewtech Corp. | 52710 | 442130 |
|  # | Hirano Tecseed Co. Ltd. | 34700 | 385866 |
|  # | Hirata Corp. | 107100 | 1105039 |
|  | Hirogin Holdings, Inc. | 1020700 | 8484018 |
|  | Hirose Electric Co. Ltd. | 55625 | 6291933 |
|  \* | Hirose Tusyo, Inc. | 4800 | 139787 |
|  # | Hiroshima Gas Co. Ltd. | 109500 | 271602 |
|  # | HIS Co. Ltd. | 200500 | 2389556 |
|  | Hisaka Works Ltd. | 89600 | 639931 |
|  | Hisamitsu Pharmaceutical Co., Inc. | 68400 | 2075459 |
|  # | Hitachi Construction Machinery Co. Ltd. | 361200 | 10794418 |
|  | Hitachi Ltd. (6501 JP) | 3959625 | 97864161 |
|  # | Hitachi Ltd. (HTHIY US), ADR | 516300 | 12793914 |
|  | Hito Communications Holdings, Inc. | 28300 | 186450 |
|  | Hochiki Corp. | 62800 | 1074815 |
|  # | Hodogaya Chemical Co. Ltd. | 55400 | 577743 |
|  | Hogy Medical Co. Ltd. | 77800 | 2226782 |
|  # | Hokkaido Electric Power Co., Inc. | 495500 | 2354190 |
|  | Hokkaido Gas Co. Ltd. | 234400 | 916130 |
|  | Hokkan Holdings Ltd. | 63400 | 807063 |
|  # | Hokko Chemical Industry Co. Ltd. | 94000 | 805072 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Hokkoku Financial Holdings, Inc. | 100500 | $3745281 |
|  # | Hokuetsu Corp. | 491895 | 3764655 |
|  | Hokuhoku Financial Group, Inc. | 604310 | 10837841 |
|  | Hokuriku Electric Industry Co. Ltd. | 27993 | 304019 |
|  | Hokuriku Electric Power Co. | 492700 | 2532052 |
|  | Hokuriku Electrical Construction Co. Ltd. | 27820 | 231397 |
|  | Hokuto Corp. | 67076 | 863738 |
|  | Honda Motor Co. Ltd. (7267 JP) | 3092769 | 31468120 |
|  # | Honda Motor Co. Ltd. (HMC US), Sponsored ADR | 460628 | 14053760 |
|  # | H-One Co. Ltd. | 115705 | 913177 |
|  | Honeys Holdings Co. Ltd. | 85830 | 974143 |
|  | Hoosiers Holdings Co. Ltd. | 138500 | 1151367 |
|  | Horiba Ltd. | 113400 | 7751098 |
|  | Hoshizaki Corp. | 85900 | 3652133 |
|  | Hosiden Corp. | 235100 | 3156499 |
|  | Hosokawa Micron Corp. | 63100 | 1758609 |
|  # | Hotland Holdings Co. Ltd. | 45000 | 685479 |
|  | House Foods Group, Inc. | 196100 | 3845022 |
|  # | Howa Machinery Ltd. | 66800 | 524373 |
|  | Hoya Corp. | 298900 | 35170392 |
|  | HS Holdings Co. Ltd. | 84558 | 574913 |
|  | Hulic Co. Ltd. | 847217 | 8859266 |
|  | Hyakugo Bank Ltd. | 1067698 | 5175642 |
|  | Hyakujushi Bank Ltd. | 128400 | 2982384 |
|  | Ibiden Co. Ltd. | 375905 | 10420543 |
|  # | IBJ, Inc. | 78300 | 357840 |
|  # | Ichibanya Co. Ltd. | 156160 | 1038499 |
|  | Ichiken Co. Ltd. | 28500 | 565344 |
|  | Ichikoh Industries Ltd. | 204000 | 561742 |
|  | Ichimasa Kamaboko Co. Ltd. | 1700 | 9085 |
|  | Ichinen Holdings Co. Ltd. | 113472 | 1344524 |
|  | Ichiyoshi Securities Co. Ltd. | 70000 | 355623 |
|  | Icom, Inc. | 33400 | 632921 |
|  # | ID Holdings Corp. | 51225 | 705376 |
|  | IDEA Consultants, Inc. | 2900 | 59341 |
|  | Idec Corp. | 133400 | 2137218 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Idemitsu Kosan Co. Ltd. | 2322355 | $14391662 |
|  | IDOM, Inc. | 387300 | 2982546 |
|  # | IG Port, Inc. | 18800 | 273021 |
|  | IHI Corp. | 47300 | 3705110 |
|  | Iida Group Holdings Co. Ltd. | 433295 | 6858540 |
|  | Iino Kaiun Kaisha Ltd. | 388500 | 2831512 |
|  # | IKK Holdings, Inc. | 45500 | 252059 |
|  | I'll, Inc. | 32300 | 526240 |
|  | Imagica Group, Inc. | 87299 | 348775 |
|  | Imasen Electric Industrial | 9300 | 41299 |
|  | i-mobile Co. Ltd. | 101000 | 389615 |
|  | Imuraya Group Co. Ltd. | 21800 | 376334 |
|  | Inaba Denki Sangyo Co. Ltd. | 169400 | 4462537 |
|  | Inaba Seisakusho Co. Ltd. | 49800 | 593000 |
|  | Inabata & Co. Ltd. | 212200 | 4553306 |
|  # | I-NE Co. Ltd. | 23200 | 266160 |
|  | Ines Corp. | 95800 | 1101040 |
|  # | I-Net Corp. | 57210 | 775294 |
|  | Infomart Corp. | 65000 | 173254 |
|  | INFRONEER Holdings, Inc. | 727808 | 6207697 |
|  | Innotech Corp. | 64600 | 545055 |
|  # | Innovation Holdings Co. Ltd. | 4000 | 26234 |
|  | Inpex Corp. | 3030900 | 37915019 |
|  | Insource Co. Ltd. | 201796 | 1292131 |
|  # | Intage Holdings, Inc. | 32000 | 376311 |
|  | Intelligent Wave, Inc. | 29200 | 219575 |
|  # | Inter Action Corp. | 23600 | 201348 |
|  | Internet Initiative Japan, Inc. | 360800 | 6690451 |
|  # | Inui Global Logistics Co. Ltd. | 40500 | 413169 |
|  # | IPS, Inc. | 23001 | 339244 |
|  | IR Japan Holdings Ltd. | 35200 | 170251 |
|  | Iriso Electronics Co. Ltd. | 80614 | 1443335 |
|  | ISB Corp. | 38300 | 363034 |
|  # | Ise Chemicals Corp. | 7800 | 1219435 |
|  # | Iseki & Co. Ltd. | 88300 | 637929 |
|  # | Isetan Mitsukoshi Holdings Ltd. | 265740 | 3415947 |
|  # | Ishihara Chemical Co. Ltd. | 8100 | 118343 |
|  | Ishihara Sangyo Kaisha Ltd. | 154500 | 1903820 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Ishizuka Glass Co. Ltd. | 6499 | $110912 |
|  #\* | Istyle, Inc. | 277600 | 914575 |
|  | Isuzu Motors Ltd. | 2009907 | 27030100 |
|  | Itfor, Inc. | 97200 | 1004499 |
|  # | ITmedia, Inc. | 32000 | 346923 |
|  # | Ito En Ltd. | 207896 | 4973757 |
|  | ITOCHU Corp. | 383700 | 19623544 |
|  | Itochu Enex Co. Ltd. | 288100 | 3109413 |
|  | Itochu-Shokuhin Co. Ltd. | 24300 | 1642209 |
|  | Itoham Yonekyu Holdings, Inc. | 156029 | 4890008 |
|  | Itoki Corp. | 211500 | 2659778 |
|  | IwaiCosmo Holdings, Inc. | 94800 | 1388990 |
|  # | Iwaki Co. Ltd. | 23700 | 402520 |
|  | Iwatani Corp. | 862000 | 8253549 |
|  | Iwatsuka Confectionery Co. Ltd. | 1000 | 23525 |
|  | Iyogin Holdings, Inc. | 915257 | 10616259 |
|  | Izumi Co. Ltd. | 145900 | 3359048 |
|  | J Front Retailing Co. Ltd. | 994301 | 12170391 |
|  | J Trust Co. Ltd. | 132019 | 362076 |
|  | JAC Recruitment Co. Ltd. | 288800 | 1678988 |
|  | Jaccs Co. Ltd. | 121500 | 3217936 |
|  \* | Jade Group, Inc. | 33300 | 286043 |
|  | JAFCO Group Co. Ltd. | 282300 | 4753657 |
|  # | JALCO Holdings, Inc. | 23600 | 50865 |
|  # | JANOME Corp. | 79199 | 625882 |
|  | Japan Airlines Co. Ltd. | 449700 | 8147398 |
|  | Japan Airport Terminal Co. Ltd. | 180182 | 5182566 |
|  | Japan Aviation Electronics Industry Ltd. | 238700 | 3823750 |
|  | Japan Business Systems, Inc. | 10100 | 73420 |
|  # | Japan Cash Machine Co. Ltd. | 66300 | 475840 |
|  \* | Japan Communications, Inc. | 693600 | 778890 |
|  | Japan Elevator Service Holdings Co. Ltd. | 252400 | 5456677 |
|  # | Japan Engine Corp. | 900 | 21204 |
|  | Japan Exchange Group, Inc. | 1469400 | 16348194 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Japan Foundation Engineering Co. Ltd. | 67200 | $328693 |
|  # | Japan Investment Adviser Co. Ltd. | 41600 | 476506 |
|  | Japan Lifeline Co. Ltd. | 218400 | 2338411 |
|  | Japan Material Co. Ltd. | 203600 | 1706823 |
|  | Japan Medical Dynamic Marketing, Inc. | 79841 | 312321 |
|  | Japan Oil Transportation Co. Ltd. | 8479 | 175627 |
|  | Japan Petroleum Exploration Co. Ltd. | 429000 | 3079508 |
|  | Japan Post Bank Co. Ltd. | 681300 | 7005088 |
|  | Japan Post Holdings Co. Ltd. | 1043700 | 10145038 |
|  | Japan Post Insurance Co. Ltd. | 231300 | 4649860 |
|  | Japan Property Management Center Co. Ltd. | 52300 | 428555 |
|  | Japan Pulp & Paper Co. Ltd. | 581100 | 2498703 |
|  # | Japan Pure Chemical Co. Ltd. | 2200 | 43980 |
|  | Japan Securities Finance Co. Ltd. | 412900 | 4940655 |
|  | Japan Steel Works Ltd. | 124400 | 5125921 |
|  # | Japan System Techniques Co. Ltd. | 44400 | 583179 |
|  | Japan Tobacco, Inc. | 1285000 | 39588327 |
|  | Japan Transcity Corp. | 157600 | 972222 |
|  | Japan Wool Textile Co. Ltd. | 225700 | 2336287 |
|  | JBCC Holdings, Inc. | 216400 | 1815377 |
|  | JCR Pharmaceuticals Co. Ltd. | 45099 | 157202 |
|  | JCU Corp. | 105600 | 2331967 |
|  | JDC Corp. | 170700 | 574961 |
|  | Jeol Ltd. | 164800 | 5300173 |
|  # | JFE Holdings, Inc. | 1111008 | 12938819 |
|  | JFE Systems, Inc. | 23400 | 259896 |
|  | JGC Holdings Corp. | 755900 | 6045618 |
|  | Jichodo Co. Ltd. | 100 | 6772 |
|  #\* | JIG-SAW, Inc. | 12600 | 268235 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Jimoto Holdings, Inc. | 52010 | $121105 |
|  | JINS Holdings, Inc. | 53600 | 3361436 |
|  | JINUSHI Co. Ltd. | 62900 | 906896 |
|  # | JK Holdings Co. Ltd. | 69700 | 497173 |
|  | J-Lease Co. Ltd. | 55200 | 529421 |
|  # | JM Holdings Co. Ltd. | 71100 | 1227035 |
|  # | JMS Co. Ltd. | 128840 | 413054 |
|  | J-Oil Mills, Inc. | 93100 | 1336758 |
|  | Joshin Denki Co. Ltd. | 83717 | 1305404 |
|  | Joyful Honda Co. Ltd. | 90000 | 1277003 |
|  | JP-Holdings, Inc. | 276500 | 1227697 |
|  # | JSB Co. Ltd. | 29400 | 748150 |
|  | JSP Corp. | 50700 | 699013 |
|  | JTEKT Corp. | 678899 | 5243181 |
|  \* | Juki Corp. | 131399 | 366380 |
|  | Juroku Financial Group, Inc. | 141900 | 4800061 |
|  | Justsystems Corp. | 114899 | 2749854 |
|  | JVCKenwood Corp. | 847570 | 6325478 |
|  # | K&O Energy Group, Inc. | 59600 | 1153757 |
|  | Kadokawa Corp. | 136605 | 3673694 |
|  | Kadoya Sesame Mills, Inc. | 8500 | 216138 |
|  | Kaga Electronics Co. Ltd. | 172200 | 3084252 |
|  | Kagome Co. Ltd. | 157400 | 3239692 |
|  | Kajima Corp. | 568600 | 13576827 |
|  | Kakaku.com, Inc. | 389200 | 6883338 |
|  | Kaken Pharmaceutical Co. Ltd. | 60100 | 1711154 |
|  # | Kakiyasu Honten Co. Ltd. | 22000 | 418404 |
|  # | Kamakura Shinsho Ltd. | 76800 | 253899 |
|  | Kameda Seika Co. Ltd. | 27000 | 748667 |
|  | Kamei Corp. | 112500 | 1513054 |
|  | Kamigumi Co. Ltd. | 289900 | 7096615 |
|  # | Kanaden Corp. | 81200 | 831611 |
|  | Kanadevia Corp. | 820700 | 5263933 |
|  | Kanagawa Chuo Kotsu Co. Ltd. | 20500 | 529924 |
|  | Kanamic Network Co. Ltd. | 91900 | 269011 |
|  # | Kanamoto Co. Ltd. | 143359 | 3214402 |
|  | Kandenko Co. Ltd. | 464800 | 9213531 |
|  | Kaneka Corp. | 206400 | 5044257 |
|  | Kaneko Seeds Co. Ltd. | 18700 | 187745 |
|  | Kanematsu Corp. | 420400 | 7300891 |
|  | Kanemi Co. Ltd. | 3400 | 76892 |
|  # | Kanro, Inc. | 17400 | 502976 |
|  | Kansai Electric Power Co., Inc. | 625700 | 7708897 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Kansai Paint Co. Ltd. | 450900 | $6796548 |
|  # | Kanto Denka Kogyo Co. Ltd. | 206218 | 1250891 |
|  | Kao Corp. | 234400 | 10037366 |
|  # | Kappa Create Co. Ltd. | 19500 | 201237 |
|  | Katakura Industries Co. Ltd. | 108400 | 1638746 |
|  | Katitas Co. Ltd. | 201377 | 2917764 |
|  | Kato Sangyo Co. Ltd. | 83300 | 2914265 |
|  | Kato Works Co. Ltd. | 47226 | 394798 |
|  | Kawada Technologies, Inc. | 76400 | 1733578 |
|  | Kawagishi Bridge Works Co. Ltd. | 6000 | 155416 |
|  | Kawai Musical Instruments Manufacturing Co. Ltd. | 24400 | 466743 |
|  | Kawasaki Heavy Industries Ltd. | 149900 | 8941784 |
|  # | Kawasaki Kisen Kaisha Ltd. | 555798 | 7622383 |
|  | KDDI Corp. | 3424200 | 60689177 |
|  # | KeePer Technical Laboratory Co. Ltd. | 61300 | 1780411 |
|  | Keihan Holdings Co. Ltd. | 252377 | 6181181 |
|  | Keihanshin Building Co. Ltd. | 109800 | 1156637 |
|  | Keihin Co. Ltd. | 9500 | 152696 |
|  | Keikyu Corp. | 372000 | 3871278 |
|  | Keio Corp. | 170600 | 4640664 |
|  # | Keisei Electric Railway Co. Ltd. | 410244 | 4250911 |
|  | KEIWA, Inc. | 10800 | 69629 |
|  | Keiyo Bank Ltd. | 588355 | 3428876 |
|  | KEL Corp. | 9400 | 86003 |
|  | Kenko Mayonnaise Co. Ltd. | 49730 | 666605 |
|  | Kewpie Corp. | 230400 | 5240521 |
|  | Keyence Corp. | 42520 | 17777251 |
|  | KH Neochem Co. Ltd. | 148199 | 2626481 |
|  # | Kibun Foods, Inc. | 28800 | 219901 |
|  | Kikkoman Corp. | 590550 | 5780995 |
|  | Kimoto Co. Ltd. | 64200 | 103942 |
|  # | Kimura Chemical Plants Co. Ltd. | 73400 | 354785 |
|  # | Kimura Unity Co. Ltd. | 34000 | 184564 |
|  | Kinden Corp. | 327600 | 8479679 |
|  # | King Jim Co. Ltd. | 9300 | 56747 |
|  | Kintetsu Department Store Co. Ltd. | 28200 | 394160 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Kintetsu Group Holdings Co. Ltd. | 284798 | $6132408 |
|  | Kirin Holdings Co. Ltd. | 751980 | 11374961 |
|  | Kissei Pharmaceutical Co. Ltd. | 147200 | 3863120 |
|  # | Ki-Star Real Estate Co. Ltd. | 46800 | 1624660 |
|  | Kitagawa Corp. | 34781 | 302343 |
|  # | Kita-Nippon Bank Ltd. | 38400 | 822491 |
|  | Kitano Construction Corp. | 15100 | 453921 |
|  | Kitz Corp. | 374100 | 2853117 |
|  # | Kiyo Bank Ltd. | 469700 | 7983282 |
|  \* | KLab, Inc. | 11900 | 9610 |
|  #\* | KNT-CT Holdings Co. Ltd. | 38800 | 319932 |
|  # | Koa Corp. | 138121 | 799055 |
|  # | Koa Shoji Holdings Co. Ltd. | 29400 | 139255 |
|  # | Koatsu Gas Kogyo Co. Ltd. | 149686 | 992503 |
|  # | Kobayashi Pharmaceutical Co. Ltd. | 67200 | 2563674 |
|  | Kobe Bussan Co. Ltd. | 209899 | 6414540 |
|  # | Kobe Electric Railway Co. Ltd. | 15400 | 262487 |
|  | Kobe Steel Ltd. | 1273682 | 14937594 |
|  | Koei Tecmo Holdings Co. Ltd. | 100300 | 1720680 |
|  | Kohnan Shoji Co. Ltd. | 121800 | 3209286 |
|  # | Kohoku Kogyo Co. Ltd. | 8700 | 112172 |
|  | Kohsoku Corp. | 39800 | 590914 |
|  | Koike Sanso Kogyo Co. Ltd. | 16500 | 138561 |
|  # | Koike-ya, Inc. | 4500 | 147031 |
|  | Koito Manufacturing Co. Ltd. | 583899 | 7072503 |
|  # | Kojima Co. Ltd. | 160400 | 1187287 |
|  | Kokuyo Co. Ltd. | 319764 | 6552718 |
|  | Komatsu Ltd. | 1366800 | 39527261 |
|  # | Komatsu Matere Co. Ltd. | 117300 | 633117 |
|  # | Komatsu Wall Industry Co. Ltd. | 74700 | 928604 |
|  | KOMEDA Holdings Co. Ltd. | 209200 | 4228750 |
|  # | Komehyo Holdings Co. Ltd. | 34900 | 702028 |
|  | Komeri Co. Ltd. | 135300 | 2883208 |
|  | Komori Corp. | 199113 | 1773264 |
|  | Konaka Co. Ltd. | 107880 | 177448 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Konami Group Corp. | 126162 | $18017942 |
|  | Kondotec, Inc. | 69800 | 700401 |
|  \* | Konica Minolta, Inc. | 1917800 | 5886315 |
|  | Konishi Co. Ltd. | 221000 | 1736211 |
|  | Konoike Transport Co. Ltd. | 117400 | 2155426 |
|  # | Konoshima Chemical Co. Ltd. | 31800 | 287421 |
|  # | Kosaido Holdings Co. Ltd. | 268500 | 929835 |
|  | Kose Corp. | 33300 | 1436260 |
|  | Koshidaka Holdings Co. Ltd. | 243724 | 1735180 |
|  # | Kotobuki Spirits Co. Ltd. | 386299 | 5749818 |
|  #\* | Kourakuen Corp. | 6800 | 49647 |
|  | Kozo Keikaku Engineering Holdings, Inc. | 19000 | 341892 |
|  | KPP Group Holdings Co. Ltd. | 132600 | 606328 |
|  | Krosaki Harima Corp. | 111000 | 1948495 |
|  | KRS Corp. | 58467 | 750501 |
|  | K's Holdings Corp. | 702680 | 6729585 |
|  | KU Holdings Co. Ltd. | 56100 | 425717 |
|  | Kubota Corp. (6326 JP) | 845600 | 9826201 |
|  | Kubota Corp. (KUBTY US), Sponsored ADR | 39134 | 2270163 |
|  | Kumagai Gumi Co. Ltd. | 194700 | 5802129 |
|  # | Kumiai Chemical Industry Co. Ltd. | 317665 | 1696143 |
|  # | Kura Sushi, Inc. | 74299 | 1657329 |
|  # | Kurabo Industries Ltd. | 74814 | 3277596 |
|  | Kuraray Co. Ltd. | 1336000 | 15606465 |
|  # | Kureha Corp. | 216200 | 3784224 |
|  | Kurimoto Ltd. | 50000 | 1655513 |
|  | Kurita Water Industries Ltd. | 227600 | 7535301 |
|  | Kuriyama Holdings Corp. | 65700 | 604387 |
|  | Kushikatsu Tanaka Holdings Co. | 15700 | 152297 |
|  # | Kusuri No. Aoki Holdings Co. Ltd. | 206300 | 4913217 |
|  | KYB Corp. | 194400 | 3973924 |
|  | Kyocera Corp. | 1554220 | 18420192 |
|  # | Kyodo Printing Co. Ltd. | 148400 | 1105349 |
|  | Kyoei Steel Ltd. | 100376 | 1414831 |
|  # | Kyokuto Boeki Kaisha Ltd. | 45618 | 497192 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Kyokuto Kaihatsu Kogyo Co. Ltd. | 152200 | $2556615 |
|  # | Kyokuto Securities Co. Ltd. | 103043 | 999289 |
|  | Kyokuyo Co. Ltd. | 44100 | 1300459 |
|  | Kyorin Pharmaceutical Co. Ltd. | 187100 | 1934496 |
|  | KYORITSU Co. Ltd. | 170500 | 195189 |
|  # | Kyoritsu Maintenance Co. Ltd. | 248199 | 5267761 |
|  | Kyosan Electric Manufacturing Co. Ltd. | 162500 | 545032 |
|  | Kyoto Financial Group, Inc. | 480644 | 8250018 |
|  # | Kyowa Electronic Instruments Co. Ltd. | 37700 | 132561 |
|  | Kyowa Kirin Co. Ltd. | 218763 | 3415898 |
|  | Kyowa Leather Cloth Co. Ltd. | 38924 | 186084 |
|  | Kyudenko Corp. | 176800 | 5938542 |
|  | Kyushu Electric Power Co., Inc. | 554100 | 4938592 |
|  | Kyushu Financial Group, Inc. | 1202748 | 6071448 |
|  | Kyushu Leasing Service Co. Ltd. | 3300 | 24202 |
|  | Kyushu Railway Co. | 215100 | 5567073 |
|  # | LA Holdings Co. Ltd. | 16200 | 782773 |
|  # | Lacto Japan Co. Ltd. | 40900 | 1007867 |
|  | Lasertec Corp. | 102400 | 9520161 |
|  # | LEC, Inc. | 85800 | 754414 |
|  | Leopalace21 Corp. | 701200 | 2872640 |
|  | Life Corp. | 218800 | 3169388 |
|  # | Lifedrink Co., Inc. | 114200 | 1359120 |
|  | LIFULL Co. Ltd. | 299700 | 318062 |
|  # | LIKE, Inc. | 37200 | 391064 |
|  # | Link & Motivation, Inc. | 188400 | 755922 |
|  | Lintec Corp. | 174200 | 3332229 |
|  | Lion Corp. | 581801 | 7131114 |
|  # | LITALICO, Inc. | 90100 | 787030 |
|  | Lixil Corp. | 953919 | 11240609 |
|  # | Loadstar Capital KK | 20000 | 355591 |
|  | Look Holdings, Inc. | 31700 | 541989 |
|  #\* | Luckland Co. Ltd. | 4600 | 54475 |
|  | LY Corp. | 1622283 | 6135508 |
|  #\* | M3, Inc. | 304859 | 3820672 |
|  | Mabuchi Motor Co. Ltd. | 251500 | 3674209 |
|  # | Macbee Planet, Inc. | 7100 | 141825 |
|  | Macnica Holdings, Inc. | 616650 | 8573576 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Maeda Kosen Co. Ltd. | 203200 | $2896852 |
|  | Maezawa Industries, Inc. | 51900 | 510695 |
|  | Maezawa Kasei Industries Co. Ltd. | 55800 | 683288 |
|  | Maezawa Kyuso Industries Co. Ltd. | 82500 | 723135 |
|  | Makino Milling Machine Co. Ltd. | 113188 | 8925044 |
|  | Makita Corp. (6586 JP) | 296491 | 8670597 |
|  | Makita Corp. (MKTAY US), Sponsored ADR | 800 | 23568 |
|  # | Mamiya-Op Co. Ltd. | 800 | 7730 |
|  # | Mammy Mart Corp. | 2400 | 93950 |
|  # | Management Solutions Co. Ltd. | 47400 | 641801 |
|  | Mandom Corp. | 163500 | 1559792 |
|  # | Mani, Inc. | 208300 | 1677414 |
|  | MarkLines Co. Ltd. | 45600 | 729352 |
|  # | Mars Group Holdings Corp. | 34500 | 720373 |
|  | Marubeni Corp. | 759159 | 13458869 |
|  | Marubun Corp. | 84200 | 546286 |
|  | Marudai Food Co. Ltd. | 100114 | 1303568 |
|  | Maruha Nichiro Corp. | 203197 | 4642936 |
|  | Marui Group Co. Ltd. | 465900 | 9273970 |
|  | Maruichi Steel Tube Ltd. | 178400 | 4214504 |
|  | MARUKA FURUSATO Corp. | 75776 | 1216478 |
|  # | Marusan Securities Co. Ltd. | 196300 | 1183498 |
|  | Maruwa Co. Ltd. | 20700 | 4256467 |
|  | Maruyama Manufacturing Co., Inc. | 7900 | 109620 |
|  # | Maruzen CHI Holdings Co. Ltd. | 80600 | 183001 |
|  | Maruzen Co. Ltd. | 26400 | 608170 |
|  | Maruzen Showa Unyu Co. Ltd. | 57400 | 2413370 |
|  # | Marvelous, Inc. | 14900 | 49429 |
|  # | Matching Service Japan Co. Ltd. | 29900 | 190604 |
|  | Matsuda Sangyo Co. Ltd. | 63362 | 1611700 |
|  # | Matsui Construction Co. Ltd. | 75900 | 514883 |
|  | Matsui Securities Co. Ltd. | 435600 | 2246270 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | MatsukiyoCocokara & Co. | 671155 | $12320139 |
|  # | Matsuoka Corp. | 10400 | 132470 |
|  | Matsuya Co. Ltd. | 49200 | 310732 |
|  # | Matsuyafoods Holdings Co. Ltd. | 18200 | 757344 |
|  | Max Co. Ltd. | 82700 | 2438986 |
|  | Maxell Ltd. | 247542 | 3034066 |
|  | Maxvalu Tokai Co. Ltd. | 29700 | 630196 |
|  | Mazda Motor Corp. | 1992741 | 11914220 |
|  # | McDonald's Holdings Co. Japan Ltd. | 96300 | 4071890 |
|  | MCJ Co. Ltd. | 369300 | 3452509 |
|  | Mebuki Financial Group, Inc. | 3021591 | 14763872 |
|  | MEC Co. Ltd. | 44500 | 736483 |
|  | Media Do Co. Ltd. | 30017 | 367555 |
|  | Medical Data Vision Co. Ltd. | 83000 | 253399 |
|  # | Medical System Network Co. Ltd. | 98100 | 322793 |
|  | Medikit Co. Ltd. | 1200 | 20718 |
|  | Medipal Holdings Corp. | 478700 | 8111895 |
|  # | Medius Holdings Co. Ltd. | 14000 | 94658 |
|  #\* | Medley, Inc. | 28700 | 692403 |
|  | MedPeer, Inc. | 16100 | 51989 |
|  | Megachips Corp. | 46100 | 1499922 |
|  | Megmilk Snow Brand Co. Ltd. | 216500 | 3980934 |
|  | Meidensha Corp. | 165300 | 4541202 |
|  # | Meiho Facility Works Ltd. | 18000 | 112435 |
|  | Meiji Electric Industries Co. Ltd. | 24300 | 261801 |
|  | MEIJI Holdings Co. Ltd. | 379540 | 9331690 |
|  # | Meiji Shipping Group Co. Ltd. | 65900 | 288307 |
|  | Meiko Electronics Co. Ltd. | 126300 | 5548032 |
|  | Meisei Industrial Co. Ltd. | 139200 | 1365715 |
|  | MEITEC Group Holdings, Inc. | 334900 | 6874018 |
|  | Meito Sangyo Co. Ltd. | 40600 | 598657 |
|  # | Meiwa Corp. | 106000 | 506742 |
|  | Meiwa Estate Co. Ltd. | 36400 | 238971 |
|  | Menicon Co. Ltd. | 282699 | 2797133 |
|  \* | Mercari, Inc. | 292900 | 4746518 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Mercuria Holdings Co. Ltd. | 15400 | $89498 |
|  | METAWATER Co. Ltd. | 60400 | 861545 |
|  # | Micronics Japan Co. Ltd. | 97900 | 2074156 |
|  \* | Microwave Chemical Co. Ltd. | 4700 | 16635 |
|  # | Midac Holdings Co. Ltd. | 40100 | 640535 |
|  | Mie Kotsu Group Holdings, Inc. | 235561 | 824782 |
|  # | Migalo Holdings, Inc. | 16400 | 236163 |
|  | Mikuni Corp. | 76178 | 152718 |
|  | Milbon Co. Ltd. | 58572 | 1113742 |
|  | MIMAKI ENGINEERING Co. Ltd. | 87300 | 885309 |
|  | Minebea Mitsumi, Inc. | 698725 | 10240530 |
|  # | Ministop Co. Ltd. | 59500 | 763084 |
|  # | Mirai Industry Co. Ltd. | 10100 | 251169 |
|  | Miraial Co. Ltd. | 31800 | 286029 |
|  | Mirait One Corp. | 359210 | 5648945 |
|  | Mirarth Holdings, Inc. | 367100 | 1270585 |
|  | Miroku Jyoho Service Co. Ltd. | 79400 | 1030760 |
|  | MISUMI Group, Inc. | 223500 | 3131068 |
|  | Mitani Corp. | 141600 | 1874828 |
|  | Mitani Sekisan Co. Ltd. | 10800 | 512397 |
|  # | Mito Securities Co. Ltd. | 286700 | 1072801 |
|  | Mitsuba Corp. | 160200 | 940745 |
|  | Mitsubishi Chemical Group Corp. | 4725760 | 22974545 |
|  | Mitsubishi Corp. | 1678800 | 31874670 |
|  | Mitsubishi Electric Corp. | 771600 | 14926906 |
|  | Mitsubishi Estate Co. Ltd. | 594720 | 10446837 |
|  | Mitsubishi Gas Chemical Co., Inc. | 519700 | 7918389 |
|  | Mitsubishi HC Capital, Inc. | 3511270 | 24839203 |
|  | Mitsubishi Heavy Industries Ltd. | 853000 | 16815053 |
|  | Mitsubishi Kakoki Kaisha Ltd. | 89100 | 793067 |
|  # | Mitsubishi Logisnext Co. Ltd. | 194000 | 2725087 |
|  | Mitsubishi Logistics Corp. | 665495 | 4592839 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Mitsubishi Materials Corp. | 417120 | $6579040 |
|  | Mitsubishi Motors Corp. | 2479199 | 6863445 |
|  # | Mitsubishi Paper Mills Ltd. | 120600 | 649451 |
|  | Mitsubishi Pencil Co. Ltd. | 67500 | 1047530 |
|  | Mitsubishi Research Institute, Inc. | 37100 | 1164987 |
|  | Mitsubishi Shokuhin Co. Ltd. | 76200 | 2852673 |
|  | Mitsubishi Steel Manufacturing Co. Ltd. | 60400 | 665924 |
|  | Mitsubishi UFJ Financial Group, Inc.<br>(8306 JP) | 6195400 | 78056596 |
|  # | Mitsubishi UFJ Financial Group, Inc. (MUFG US), Sponsored ADR | 563089 | 7117445 |
|  | Mitsuboshi Belting Ltd. | 94600 | 2372183 |
|  | Mitsui & Co. Ltd. (8031 JP) | 1170590 | 23670641 |
|  # | Mitsui & Co. Ltd. (MITSY US), Sponsored ADR | 18759 | 7621782 |
|  # | Mitsui Chemicals, Inc. | 331589 | 7286566 |
|  | Mitsui DM Sugar Co. Ltd. | 83900 | 2009537 |
|  # | Mitsui E&S Co. Ltd. | 386519 | 4931721 |
|  | Mitsui Fudosan Co. Ltd. | 1418500 | 14058252 |
|  | Mitsui High-Tec, Inc. | 428000 | 1999170 |
|  # | Mitsui Matsushima Holdings Co. Ltd. | 49700 | 1462548 |
|  | Mitsui Mining & Smelting Co. Ltd. | 237400 | 6454189 |
|  # | Mitsui OSK Lines Ltd. | 562700 | 18740060 |
|  | Mitsui-Soko Holdings Co. Ltd. | 362400 | 7469519 |
|  | Mitsuuroko Group Holdings Co. Ltd. | 132600 | 1674937 |
|  | Miura Co. Ltd. | 73100 | 1557062 |
|  | MIXI, Inc. | 164100 | 3646251 |
|  # | Miyaji Engineering Group, Inc. | 108000 | 1384303 |
|  | Miyazaki Bank Ltd. | 101900 | 2250280 |
|  | Miyoshi Oil & Fat Co. Ltd. | 31045 | 367707 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Mizuho Financial Group, Inc. (8411 JP) | 1707696 | $42696860 |
|  | Mizuho Leasing Co. Ltd. | 803600 | 5920928 |
|  # | Mizuho Medy Co. Ltd. | 27300 | 288136 |
|  | Mizuno Corp. | 276963 | 4943034 |
|  | Mochida Pharmaceutical Co. Ltd. | 52098 | 1127756 |
|  | Modec, Inc. | 65500 | 1987782 |
|  # | Monogatari Corp. | 126000 | 3285266 |
|  | MonotaRO Co. Ltd. | 364300 | 7006534 |
|  | MORESCO Corp. | 5000 | 41061 |
|  | Mori-Gumi Co. Ltd. | 51800 | 110647 |
|  | Morinaga & Co. Ltd. | 314800 | 5612839 |
|  | Morinaga Milk Industry Co. Ltd. | 358800 | 8526031 |
|  # | Moriroku Co. Ltd. | 23362 | 360449 |
|  | Morita Holdings Corp. | 149900 | 2236689 |
|  | Morito Co. Ltd. | 74100 | 739584 |
|  | Morozoff Ltd. | 58194 | 728222 |
|  # | Mory Industries, Inc. | 120500 | 860383 |
|  | MOS Food Services, Inc. | 20500 | 531387 |
|  # | MrMax Holdings Ltd. | 121200 | 572944 |
|  | MS&AD Insurance Group Holdings, Inc. | 1174722 | 26701193 |
|  | MTI Ltd. | 7200 | 40673 |
|  | Mugen Estate Co. Ltd. | 57251 | 888325 |
|  | m-up Holdings, Inc. | 111700 | 1476641 |
|  | Murakami Corp. | 2100 | 81539 |
|  | Murata Manufacturing Co. Ltd. | 576660 | 8215421 |
|  | Musashi Seimitsu Industry Co. Ltd. | 227200 | 3907419 |
|  | Musashino Bank Ltd. | 143301 | 3175774 |
|  | Muto Seiko Co. | 5000 | 50449 |
|  | Mutoh Holdings Co. Ltd. | 7100 | 139219 |
|  | Nabtesco Corp. | 201500 | 3024326 |
|  # | NAC Co. Ltd. | 78800 | 336479 |
|  | Nachi-Fujikoshi Corp. | 69264 | 1482782 |
|  | Nadex Co. Ltd. | 4600 | 28352 |
|  | Nafco Co. Ltd. | 27100 | 344455 |
|  # | Nagano Keiki Co. Ltd. | 61000 | 808163 |
|  | Nagase & Co. Ltd. | 454400 | 8003619 |
|  | Nagase Brothers, Inc. | 21400 | 275598 |
|  # | Nagawa Co. Ltd. | 6900 | 297147 |
|  | Nagoya Railroad Co. Ltd. | 364099 | 4440256 |
|  # | Nakabayashi Co. Ltd. | 135300 | 489671 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Nakamoto Packs Co. Ltd. | 18300 | $218076 |
|  # | Nakamuraya Co. Ltd. | 15500 | 353205 |
|  | Nakanishi, Inc. | 158600 | 2070592 |
|  # | Nakano Corp. | 8100 | 45409 |
|  | Nakayama Steel Works Ltd. | 182100 | 929487 |
|  # | Namura Shipbuilding Co. Ltd. | 162548 | 2293810 |
|  | Nankai Electric Railway Co. Ltd. | 267000 | 4227398 |
|  | Nanto Bank Ltd. | 151101 | 4138406 |
|  | Narasaki Sangyo Co. Ltd. | 13400 | 260162 |
|  | Nasu Denki Tekko Co. Ltd. | 1000 | 89580 |
|  # | Natori Co. Ltd. | 29400 | 424033 |
|  | NCD Co. Ltd./Shinagawa | 8600 | 162366 |
|  | NEC Capital Solutions Ltd. | 53100 | 1506417 |
|  | NEC Corp. | 403400 | 9819893 |
|  | NEOJAPAN, Inc. | 3100 | 33522 |
|  | Neturen Co. Ltd. | 143000 | 928989 |
|  # | New Art Holdings Co. Ltd. | 20459 | 198887 |
|  | New Japan Chemical Co. Ltd. | 3600 | 4853 |
|  # | Nexon Co. Ltd. | 180200 | 2827279 |
|  # | Nextage Co. Ltd. | 182500 | 2274642 |
|  #\* | NexTone, Inc. | 8300 | 73573 |
|  # | NF Holdings Corp. | 3700 | 31778 |
|  | NGK Insulators Ltd. | 768388 | 9481916 |
|  | NH Foods Ltd. | 266699 | 10068768 |
|  | NHK Spring Co. Ltd. | 824637 | 9164407 |
|  # | Nicca Chemical Co. Ltd. | 45801 | 424275 |
|  | Nice Corp. | 27761 | 306578 |
|  | Nichia Steel Works Ltd. | 133401 | 283447 |
|  | Nichias Corp. | 321500 | 10815862 |
|  # | Nichiban Co. Ltd. | 47100 | 674021 |
|  # | Nichicon Corp. | 234700 | 1919911 |
|  | Nichiden Corp. | 52600 | 1050948 |
|  | Nichiha Corp. | 105500 | 2140015 |
|  | Nichimo Co. Ltd. | 16259 | 225630 |
|  | Nichirei Corp. | 778398 | 10677624 |
|  | Nichireki Group Co. Ltd. | 108900 | 1883253 |
|  | Nichirin Co. Ltd. | 55030 | 1353847 |
|  | NIDEC Corp. (6594 JP) | 676987 | 12030950 |
|  | Nifco, Inc. | 300300 | 7446195 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Nihon Chouzai Co. Ltd. | 56527 | $1166059 |
|  # | Nihon Dempa Kogyo Co. Ltd. | 102600 | 559525 |
|  | Nihon Dengi Co. Ltd. | 14400 | 396012 |
|  | Nihon Denkei Co. Ltd. | 30300 | 407542 |
|  | Nihon Flush Co. Ltd. | 78400 | 449285 |
|  # | Nihon House Holdings Co. Ltd. | 168177 | 386773 |
|  | Nihon Kagaku Sangyo Co. Ltd. | 54300 | 566557 |
|  | Nihon M&A Center Holdings, Inc. | 1196199 | 4878981 |
|  | Nihon Nohyaku Co. Ltd. | 191500 | 1107357 |
|  | Nihon Parkerizing Co. Ltd. | 296200 | 2467401 |
|  | Nihon Plast Co. Ltd. | 78471 | 173098 |
|  | Nihon Tokushu Toryo Co. Ltd. | 76300 | 795751 |
|  # | Nihon Trim Co. Ltd. | 10500 | 302332 |
|  | Nihon Yamamura Glass Co. Ltd. | 14500 | 227816 |
|  | Niitaka Co. Ltd. | 9400 | 142165 |
|  | Nikkiso Co. Ltd. | 192700 | 1608837 |
|  # | Nikko Co. Ltd. | 113400 | 539638 |
|  | Nikkon Holdings Co. Ltd. | 483800 | 9986158 |
|  # | Nikon Corp. | 783700 | 7535625 |
|  | Nintendo Co. Ltd. | 151711 | 12595046 |
|  | Nippi, Inc. | 8500 | 329367 |
|  | Nippn Corp. | 250900 | 3954703 |
|  | Nippon Air Conditioning Services Co. Ltd. | 91700 | 651722 |
|  | Nippon Aqua Co. Ltd. | 49400 | 256477 |
|  # | Nippon Avionics Co. Ltd. | 26000 | 544973 |
|  | Nippon Beet Sugar Manufacturing Co. Ltd. | 51541 | 849386 |
|  | Nippon Carbide Industries Co., Inc. | 43000 | 507110 |
|  # | Nippon Carbon Co. Ltd. | 35500 | 1040972 |
|  # | Nippon Chemical Industrial Co. Ltd. | 36700 | 542812 |
|  #\* | Nippon Chemi-Con Corp. | 89400 | 611042 |
|  #\* | Nippon Coke & Engineering Co. Ltd. | 848555 | 511143 |

---

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##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Nippon Concept Corp. | 32900 | $399246 |
|  # | Nippon Concrete Industries Co. Ltd. | 221101 | 516364 |
|  | Nippon Denko Co. Ltd. | 505150 | 949047 |
|  | Nippon Densetsu Kogyo Co. Ltd. | 163600 | 2486386 |
|  | Nippon Dry-Chemical Co. Ltd. | 6200 | 181834 |
|  | Nippon Electric Glass Co. Ltd. | 325401 | 7445417 |
|  | Nippon Express Holdings, Inc. | 825228 | 14736805 |
|  # | Nippon Felt Co. Ltd. | 15100 | 48984 |
|  # | Nippon Fine Chemical Co. Ltd. | 43300 | 648178 |
|  | Nippon Gas Co. Ltd. | 544500 | 10043181 |
|  # | Nippon Hume Corp. | 100600 | 1328533 |
|  | Nippon Kayaku Co. Ltd. | 493400 | 4648622 |
|  | Nippon Kodoshi Corp. | 37300 | 465596 |
|  | Nippon Light Metal Holdings Co. Ltd. | 272328 | 2839272 |
|  | Nippon Paint Holdings Co. Ltd. | 905100 | 6895746 |
|  | Nippon Paper Industries Co. Ltd. | 485096 | 3750559 |
|  | Nippon Parking Development Co. Ltd. | 932000 | 1555047 |
|  # | Nippon Rietec Co. Ltd. | 17500 | 198105 |
|  | Nippon Road Co. Ltd. | 83000 | 1136845 |
|  | Nippon Sanso Holdings Corp. | 348000 | 11137128 |
|  | Nippon Seiki Co. Ltd. | 250400 | 1917323 |
|  # | Nippon Seisen Co. Ltd. | 41500 | 308457 |
|  | Nippon Sharyo Ltd. | 34399 | 486070 |
|  \* | Nippon Sheet Glass Co. Ltd. | 449260 | 1288647 |
|  | Nippon Shinyaku Co. Ltd. | 192894 | 4973654 |
|  | Nippon Shokubai Co. Ltd. | 426700 | 5000553 |
|  | Nippon Signal Co. Ltd. | 253050 | 1735921 |
|  | Nippon Soda Co. Ltd. | 216600 | 4063879 |
|  | Nippon Steel Corp. | 1059379 | 22297488 |
|  | Nippon Telegraph & Telephone Corp. | 14775000 | 15443960 |
|  | Nippon Television Holdings, Inc. | 23800 | 551160 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Nippon Thompson Co. Ltd. | 323800 | $1104803 |
|  | Nippon Tungsten Co. Ltd. | 9800 | 79958 |
|  # | Nippon Yakin Kogyo Co. Ltd. | 59660 | 1694295 |
|  | Nippon Yusen KK | 721690 | 23579706 |
|  | Nipro Corp. | 713201 | 6320171 |
|  # | Nishikawa Rubber Co. Ltd. | 6800 | 117659 |
|  | Nishimatsu Construction Co. Ltd. | 150000 | 5581092 |
|  | Nishimatsuya Chain Co. Ltd. | 138100 | 2137015 |
|  | Nishi-Nippon Financial Holdings, Inc. | 635014 | 9328254 |
|  | Nishi-Nippon Railroad Co. Ltd. | 163600 | 2515127 |
|  | Nishio Holdings Co. Ltd. | 95200 | 2739307 |
|  | Nissan Chemical Corp. | 304230 | 8898309 |
|  \* | Nissan Motor Co. Ltd. | 3792513 | 9028565 |
|  # | Nissan Shatai Co. Ltd. | 218700 | 1618074 |
|  | Nissan Tokyo Sales Holdings Co. Ltd. | 123500 | 422140 |
|  | Nissei ASB Machine Co. Ltd. | 27200 | 866355 |
|  # | Nissei Plastic Industrial Co. Ltd. | 53368 | 311192 |
|  | Nissha Co. Ltd. | 185183 | 1586975 |
|  | Nisshin Group Holdings Co. Ltd. | 136100 | 487389 |
|  | Nisshin Oillio Group Ltd. | 136600 | 4715331 |
|  | Nisshin Seifun Group, Inc. | 591045 | 7625486 |
|  | Nisshinbo Holdings, Inc. | 681241 | 4072255 |
|  | Nissin Corp. | 53397 | 1799623 |
|  | Nissin Foods Holdings Co. Ltd. | 101625 | 2240711 |
|  # | Nisso Holdings Co. Ltd. | 58600 | 283059 |
|  | Nissui Corp. | 1451900 | 8830799 |
|  | Niterra Co. Ltd. | 505400 | 15736560 |
|  | Nitori Holdings Co. Ltd. | 62600 | 7448444 |
|  | Nitta Corp. | 80200 | 2061692 |
|  | Nitta Gelatin, Inc. | 56263 | 322473 |
|  | Nittetsu Mining Co. Ltd. | 64402 | 2800749 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Nitto Denko Corp. | 1604600 | $28203752 |
|  | Nitto Fuji Flour Milling Co. Ltd. | 3600 | 173188 |
|  # | Nitto Kogyo Corp. | 118100 | 2479263 |
|  # | Nitto Kohki Co. Ltd. | 54700 | 653744 |
|  | Nitto Seiko Co. Ltd. | 131805 | 546051 |
|  | Nittoc Construction Co. Ltd. | 84949 | 620583 |
|  # | Nittoku Co. Ltd. | 29600 | 420511 |
|  | NJS Co. Ltd. | 20900 | 605403 |
|  | Noda Corp. | 44452 | 205896 |
|  | Noevir Holdings Co. Ltd. | 51900 | 1500471 |
|  | NOF Corp. | 415700 | 6257470 |
|  | Nohmi Bosai Ltd. | 69400 | 1615128 |
|  | Nojima Corp. | 392000 | 7048045 |
|  | NOK Corp. | 343200 | 4742617 |
|  | Nomura Holdings, Inc. (8604 JP) | 2202698 | 12276871 |
|  | Nomura Holdings, Inc. (NMR US), Sponsored ADR | 122223 | 678338 |
|  # | Nomura Micro Science Co. Ltd. | 13600 | 222991 |
|  | Nomura Real Estate Holdings, Inc. | 1272000 | 7565149 |
|  | Nomura Research Institute Ltd. | 328585 | 12442669 |
|  | Noritake Co. Ltd. | 96000 | 2501980 |
|  | Noritsu Koki Co. Ltd. | 96600 | 3050341 |
|  # | Noritz Corp. | 146500 | 1801413 |
|  | North Pacific Bank Ltd. | 1264600 | 4421399 |
|  | Nozawa Corp. | 30300 | 177961 |
|  # | NPC, Inc. | 27000 | 143347 |
|  | NPR-RIKEN Corp. | 115180 | 1910181 |
|  | NS Solutions Corp. | 138200 | 3278766 |
|  # | NS Tool Co. Ltd. | 47200 | 234097 |
|  | NS United Kaiun Kaisha Ltd. | 60800 | 1608655 |
|  | NSD Co. Ltd. | 206978 | 4872766 |
|  | NSK Ltd. | 1246746 | 5445906 |
|  | NSW, Inc. | 34700 | 753288 |
|  | NTN Corp. | 2014300 | 3102257 |
|  | NTT Data Group Corp. | 775700 | 15405704 |
|  | Oat Agrio Co. Ltd. | 27500 | 395170 |
|  # | Obara Group, Inc. | 38600 | 898632 |
|  | Obayashi Corp. | 884000 | 13715414 |
|  | OBIC Business Consultants Co. Ltd. | 15400 | 740302 |
|  | Obic Co. Ltd. | 194900 | 6823740 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Odakyu Electric Railway Co. Ltd. | 489399 | $5403113 |
|  # | Oenon Holdings, Inc. | 183600 | 595430 |
|  | Ogaki Kyoritsu Bank Ltd. | 207846 | 3373080 |
|  # | Ohara, Inc. | 37400 | 270753 |
|  # | Ohashi Technica, Inc. | 47100 | 648372 |
|  | Ohba Co. Ltd. | 19400 | 145241 |
|  | Ohsho Food Service Corp. | 89400 | 2022298 |
|  | OIE Sangyo Co. Ltd. | 11800 | 163218 |
|  | Oiles Corp. | 88001 | 1316649 |
|  | Oita Bank Ltd. | 63700 | 1520399 |
|  | Oji Holdings Corp. | 2263100 | 10683037 |
|  | Okabe Co. Ltd. | 147900 | 919501 |
|  | Okada Aiyon Corp. | 21000 | 274999 |
|  | Okamoto Industries, Inc. | 37600 | 1325565 |
|  | Okamoto Machine Tool Works Ltd. | 21561 | 528057 |
|  | Okamura Corp. | 260400 | 3615692 |
|  | Okasan Securities Group, Inc. | 678378 | 3028957 |
|  | Oki Electric Industry Co. Ltd. | 407378 | 2713246 |
|  | Okinawa Cellular Telephone Co. | 81700 | 2422555 |
|  # | Okinawa Electric Power Co., Inc. | 117158 | 780685 |
|  | Okinawa Financial Group, Inc. | 86878 | 1506989 |
|  | OKUMA Corp. | 229600 | 5158317 |
|  | Okumura Corp. | 130400 | 4044589 |
|  | Okura Industrial Co. Ltd. | 37051 | 1072341 |
|  | Okuwa Co. Ltd. | 117173 | 747886 |
|  | Olympus Corp. | 441100 | 5779729 |
|  # | Omron Corp. | 213800 | 6346640 |
|  | Ono Pharmaceutical Co. Ltd. | 616100 | 7091882 |
|  # | Onoken Co. Ltd. | 123300 | 1291277 |
|  | Onward Holdings Co. Ltd. | 382896 | 1550398 |
|  # | Ootoya Holdings Co. Ltd. | 8300 | 303740 |
|  | Open House Group Co. Ltd. | 298598 | 13240404 |
|  | Open Up Group, Inc. | 107400 | 1383460 |
|  | Optex Group Co. Ltd. | 112460 | 1203323 |
|  #\* | Optim Corp. | 64400 | 294942 |
|  | Optorun Co. Ltd. | 93200 | 926423 |
|  | Oracle Corp. Japan. | 52973 | 6368489 |
|  | Organo Corp. | 97500 | 4667216 |
|  | Orient Corp. | 250444 | 1374874 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Oriental Land Co. Ltd. | 553700 | $11727087 |
|  | Oriental Shiraishi Corp. | 571300 | 1505104 |
|  | Origin Co. Ltd. | 25500 | 190436 |
|  | ORIX Corp. (8591 JP) | 1170800 | 23486282 |
|  | ORIX Corp. (IX US), Sponsored ADR | 25055 | 502603 |
|  | Oro Co. Ltd. | 30500 | 510699 |
|  | Osaka Gas Co. Ltd. | 346400 | 8784032 |
|  # | Osaka Organic Chemical Industry Ltd. | 70000 | 1179846 |
|  # | Osaka Steel Co. Ltd. | 14000 | 235035 |
|  # | OSAKA Titanium Technologies Co. Ltd. | 119900 | 1388494 |
|  | Osaki Electric Co. Ltd. | 191300 | 1138557 |
|  # | OSG Corp. | 281100 | 3341403 |
|  | Otsuka Corp. | 260600 | 5779863 |
|  | Otsuka Holdings Co. Ltd. | 163100 | 7951251 |
|  | OUG Holdings, Inc. | 3900 | 86122 |
|  | Oyo Corp. | 96600 | 1810881 |
|  # | Ozu Corp. | 7200 | 90229 |
|  | Pacific Industrial Co. Ltd. | 186600 | 1638626 |
|  # | Pacific Metals Co. Ltd. | 78958 | 958194 |
|  | Pack Corp. | 58000 | 1318276 |
|  | PAL GROUP Holdings Co. Ltd. | 210600 | 5794622 |
|  | PALTAC Corp. | 93158 | 2583422 |
|  | Pan Pacific International Holdings Corp. | 407500 | 12545879 |
|  | Panasonic Holdings Corp. | 2188742 | 25096034 |
|  | Paraca, Inc. | 22122 | 290529 |
|  | Paramount Bed Holdings Co. Ltd. | 141800 | 2284174 |
|  | Park24 Co. Ltd. | 385001 | 5454774 |
|  | Parker Corp. | 6000 | 33605 |
|  # | Pasona Group, Inc. | 101600 | 1576120 |
|  # | Pegasus Co. Ltd. | 115156 | 382828 |
|  | Penta-Ocean Construction Co. Ltd. | 1444700 | 8287714 |
|  # | People Dreams & Technologies Group Co. Ltd. | 17800 | 221074 |
|  \* | PeptiDream, Inc. | 334600 | 4554919 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Persol Holdings Co. Ltd. | 5812601 | $10528203 |
|  # | Pharma Foods International Co. Ltd. | 84600 | 542336 |
|  | PHC Holdings Corp. | 64400 | 434513 |
|  #\* | PIA Corp. | 14000 | 258881 |
|  # | Pickles Holdings Co. Ltd. | 46982 | 304836 |
|  | Pigeon Corp. | 192100 | 2326306 |
|  | PILLAR Corp. | 97200 | 2473171 |
|  | Pilot Corp. | 104700 | 2922303 |
|  # | Piolax, Inc. | 121300 | 1859915 |
|  # | Plus Alpha Consulting Co. Ltd. | 82900 | 964625 |
|  # | Pole To Win Holdings, Inc. | 47900 | 120810 |
|  # | Port, Inc. | 30300 | 396755 |
|  | PR Times Corp. | 18226 | 290299 |
|  | Premium Group Co. Ltd. | 150000 | 2241104 |
|  | Premium Water Holdings, Inc. | 6100 | 122064 |
|  | Press Kogyo Co. Ltd. | 397300 | 1515622 |
|  | Prestige International, Inc. | 310700 | 1458932 |
|  | Prima Meat Packers Ltd. | 124499 | 2003855 |
|  | Procrea Holdings, Inc. | 127027 | 1452817 |
|  # | Pronexus, Inc. | 40700 | 347612 |
|  # | Pro-Ship, Inc. | 29800 | 442803 |
|  | PS Construction Co. Ltd. | 45817 | 490475 |
|  | Punch Industry Co. Ltd. | 11600 | 31989 |
|  | QB Net Holdings Co. Ltd. | 9721 | 75578 |
|  | Qol Holdings Co. Ltd. | 117100 | 1883008 |
|  | Quick Co. Ltd. | 45900 | 676300 |
|  # | Raccoon Holdings, Inc. | 37700 | 217018 |
|  | Raito Kogyo Co. Ltd. | 201800 | 3753376 |
|  | Raiznext Corp. | 123700 | 1292296 |
|  | Raksul, Inc. | 122600 | 988932 |
|  | Rakus Co. Ltd. | 275499 | 4186152 |
|  \* | Rakuten Bank Ltd. | 151300 | 6363329 |
|  \* | Rakuten Group, Inc. | 249400 | 1470544 |
|  | Rasa Corp. | 34900 | 348394 |
|  | Rasa Industries Ltd. | 37799 | 726526 |
|  | Recruit Holdings Co. Ltd. | 1047700 | 58058560 |
|  | Relo Group, Inc. | 419899 | 5548238 |
|  # | Renaissance, Inc. | 16900 | 124774 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Renesas Electronics Corp. | 2152699 | $25262478 |
|  | Rengo Co. Ltd. | 1298610 | 7249483 |
|  #\* | RENOVA, Inc. | 55700 | 255141 |
|  | Resol Holdings Co. Ltd. | 4100 | 145450 |
|  | Resona Holdings, Inc. | 1500590 | 12037424 |
|  | Resonac Holdings Corp. | 640200 | 11643931 |
|  | Resorttrust, Inc. | 583200 | 6002001 |
|  | Restar Corp. | 99000 | 1551832 |
|  | Retail Partners Co. Ltd. | 54900 | 527777 |
|  | Rheon Automatic Machinery Co. Ltd. | 64200 | 523015 |
|  # | Rhythm Co. Ltd. | 40300 | 1063821 |
|  | Ricoh Co. Ltd. | 1138519 | 11975070 |
|  | Ricoh Leasing Co. Ltd. | 77500 | 2984615 |
|  # | Ride On Express Holdings Co. Ltd. | 38900 | 275249 |
|  | Riken Keiki Co. Ltd. | 88900 | 1657957 |
|  | Riken Technos Corp. | 190900 | 1341603 |
|  | Riken Vitamin Co. Ltd. | 65400 | 1140937 |
|  # | Ringer Hut Co. Ltd. | 22900 | 357386 |
|  | Rinnai Corp. | 204200 | 4573762 |
|  | Rion Co. Ltd. | 33300 | 556226 |
|  | Riso Kagaku Corp. | 23516 | 201225 |
|  | Riso Kyoiku Co. Ltd. | 192293 | 327931 |
|  # | Rix Corp. | 7400 | 152526 |
|  | Rock Field Co. Ltd. | 47900 | 516588 |
|  | Rohm Co. Ltd. | 802200 | 7304021 |
|  | Rohto Pharmaceutical Co. Ltd. | 251600 | 4208562 |
|  # | Rokko Butter Co. Ltd. | 46912 | 416051 |
|  | Roland Corp. | 56300 | 1249817 |
|  | Rorze Corp. | 346000 | 3482421 |
|  | Round One Corp. | 770641 | 4783647 |
|  | Royal Holdings Co. Ltd. | 107300 | 1954926 |
|  | RS Technologies Co. Ltd. | 28100 | 523155 |
|  | Ryobi Ltd. | 103067 | 1502724 |
|  | RYODEN Corp. | 68800 | 1165079 |
|  | Ryohin Keikaku Co. Ltd. | 498050 | 16834361 |
|  | Ryoyo Ryosan Holdings, Inc. | 75660 | 1270655 |
|  | S Foods, Inc. | 72100 | 1361576 |
|  | S&B Foods, Inc. | 10600 | 209928 |
|  # | Sac's Bar Holdings, Inc. | 60500 | 353942 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Sagami Rubber Industries Co. Ltd. | 28000 | $180245 |
|  | Saibu Gas Holdings Co. Ltd. | 80100 | 964898 |
|  | Saizeriya Co. Ltd. | 121800 | 3926357 |
|  | Sakai Chemical Industry Co. Ltd. | 76000 | 1338140 |
|  | Sakai Heavy Industries Ltd. | 34500 | 490223 |
|  | Sakai Moving Service Co. Ltd. | 85800 | 1467747 |
|  | Sakata INX Corp. | 191000 | 2478973 |
|  | Sakata Seed Corp. | 45800 | 1060781 |
|  | Sala Corp. | 233360 | 1494657 |
|  # | Samco, Inc. | 11200 | 187671 |
|  # | San Holdings, Inc. | 96200 | 811210 |
|  | San ju San Financial Group, Inc. | 98217 | 1579450 |
|  | San-A Co. Ltd. | 151400 | 3006405 |
|  | San-Ai Obbli Co. Ltd. | 259200 | 3043865 |
|  | Sangetsu Corp. | 188000 | 3823702 |
|  | San-In Godo Bank Ltd. | 692197 | 6149609 |
|  #\* | SANIX HOLDINGS, Inc. | 35600 | 57059 |
|  \* | Sanken Electric Co. Ltd. | 92900 | 4103004 |
|  | Sanki Engineering Co. Ltd. | 161700 | 4131592 |
|  | Sanko Gosei Ltd. | 92152 | 393899 |
|  | Sanko Metal Industrial Co. Ltd. | 11300 | 467876 |
|  | Sankyo Co. Ltd. | 808850 | 12311139 |
|  | Sankyo Frontier Co. Ltd. | 28200 | 379333 |
|  # | Sankyo Seiko Co. Ltd. | 113400 | 505229 |
|  # | Sankyo Tateyama, Inc. | 133035 | 594388 |
|  | Sankyu, Inc. | 252000 | 11029029 |
|  # | Sanoh Industrial Co. Ltd. | 129600 | 561271 |
|  | Sanrio Co. Ltd. | 277100 | 11041382 |
|  # | Sansei Landic Co. Ltd. | 18900 | 145002 |
|  | Sansei Technologies, Inc. | 44700 | 395691 |
|  | Sansha Electric Manufacturing Co. Ltd. | 32400 | 183395 |
|  # | Sanshin Electronics Co. Ltd. | 35000 | 484633 |
|  # | Santec Holdings Corp. | 18100 | 527450 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Santen Pharmaceutical Co. Ltd. | 776199 | $7861640 |
|  | Sanwa Holdings Corp. | 415200 | 13627977 |
|  | Sanyo Chemical Industries Ltd. | 70700 | 1781150 |
|  | Sanyo Denki Co. Ltd. | 47600 | 3271307 |
|  | Sanyo Electric Railway Co. Ltd. | 46600 | 658768 |
|  # | Sanyo Engineering & Construction, Inc. | 32400 | 186965 |
|  | Sanyo Industries Ltd. | 1500 | 30411 |
|  # | Sanyo Shokai Ltd. | 43099 | 832069 |
|  | Sanyo Trading Co. Ltd. | 111300 | 1094760 |
|  # | Sapporo Holdings Ltd. | 102400 | 5686631 |
|  | Sata Construction Co. Ltd. | 46000 | 353403 |
|  | Sato Corp. | 115882 | 1676952 |
|  # | Sato Shoji Corp. | 49800 | 513392 |
|  # | Satori Electric Co. Ltd. | 47500 | 549871 |
|  | Sawai Group Holdings Co. Ltd. | 454600 | 6550519 |
|  | SAXA, Inc. | 22700 | 480627 |
|  \* | SBI ARUHI Corp. | 57070 | 315098 |
|  # | SBI Global Asset Management Co. Ltd. | 59000 | 263685 |
|  | SBI Holdings, Inc. | 431380 | 11342908 |
|  # | SBI Sumishin Net Bank Ltd. | 114900 | 3352814 |
|  | SBS Holdings, Inc. | 102800 | 2063450 |
|  | SCREEN Holdings Co. Ltd. | 145400 | 9668665 |
|  | Scroll Corp. | 141300 | 1016236 |
|  | SCSK Corp. | 219677 | 5745745 |
|  | SEC Carbon Ltd. | 14000 | 194198 |
|  | Secom Co. Ltd. | 182800 | 6721634 |
|  # | Seed Co. Ltd. | 9400 | 31309 |
|  | Sega Sammy Holdings, Inc. | 251412 | 5276756 |
|  | Segue Group Co. Ltd. | 21300 | 80446 |
|  | Seibu Holdings, Inc. | 481300 | 11632387 |
|  | Seika Corp. | 36134 | 1111863 |
|  | Seikagaku Corp. | 172500 | 857233 |
|  # | Seikitokyu Kogyo Co. Ltd. | 95399 | 1037800 |
|  # | Seiko Electric Co. Ltd. | 12500 | 110633 |
|  | Seiko Epson Corp. | 527900 | 7323595 |
|  | Seiko Group Corp. | 132500 | 3497562 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Seino Holdings Co. Ltd. | 321000 | $5051988 |
|  # | Seiren Co. Ltd. | 182200 | 2830881 |
|  | Sekisui Chemical Co. Ltd. | 740500 | 12939437 |
|  | Sekisui House Ltd. | 526700 | 12108937 |
|  | Sekisui Jushi Corp. | 94200 | 1231436 |
|  # | Sekisui Kasei Co. Ltd. | 144821 | 332111 |
|  | SEMITEC Corp. | 30000 | 374586 |
|  | Senko Group Holdings Co. Ltd. | 605000 | 7191987 |
|  # | Senshu Electric Co. Ltd. | 39100 | 1204086 |
|  | Senshu Ikeda Holdings, Inc. | 1055460 | 3485387 |
|  #\* | Senshukai Co. Ltd. | 110900 | 206476 |
|  | Seria Co. Ltd. | 152200 | 3089988 |
|  | Seven & i Holdings Co. Ltd. | 4047856 | 59586951 |
|  | Seven Bank Ltd. | 2229600 | 4012212 |
|  # | SFP Holdings Co. Ltd. | 6500 | 98370 |
|  | SG Holdings Co. Ltd. | 538430 | 5669478 |
|  #\* | Sharp Corp. | 337898 | 2003210 |
|  | Shibaura Electronics Co. Ltd. | 70200 | 2897455 |
|  # | Shibaura Machine Co. Ltd. | 97000 | 2448805 |
|  # | Shibaura Mechatronics Corp. | 47700 | 2237238 |
|  | Shibusawa Logistics Corp. | 37500 | 836989 |
|  | Shibuya Corp. | 74500 | 1617450 |
|  \* | SHIFT, Inc. | 623985 | 5709581 |
|  | Shiga Bank Ltd. | 195336 | 7854479 |
|  | Shikibo Ltd. | 78600 | 532901 |
|  | Shikoku Bank Ltd. | 225500 | 1874853 |
|  | Shikoku Electric Power Co., Inc. | 343900 | 2826180 |
|  | Shikoku Kasei Holdings Corp. | 117600 | 1514825 |
|  | Shima Seiki Manufacturing Ltd. | 119600 | 733511 |
|  | Shimadaya Corp. | 27100 | 354945 |
|  | Shimadzu Corp. | 188300 | 4819995 |
|  | Shimamura Co. Ltd. | 138892 | 9241729 |
|  | Shimano, Inc. | 42807 | 6030878 |
|  # | Shimizu Bank Ltd. | 65900 | 650125 |
|  | Shimizu Corp. | 838000 | 8952428 |
|  # | Shimojima Co. Ltd. | 13800 | 119269 |
|  | Shin Maint Holdings Co. Ltd. | 12200 | 65884 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Shin Nippon Air Technologies Co. Ltd. | 89600 | $1323787 |
|  # | Shin Nippon Biomedical Laboratories Ltd. | 103700 | 1046180 |
|  | Shinagawa Refractories Co. Ltd. | 141400 | 1630854 |
|  # | Shindengen Electric Manufacturing Co. Ltd. | 37000 | 535173 |
|  | Shin-Etsu Chemical Co. Ltd. | 954000 | 29031621 |
|  | Shin-Etsu Polymer Co. Ltd. | 185300 | 1898632 |
|  | Shinko Shoji Co. Ltd. | 147900 | 922037 |
|  | Shinmaywa Industries Ltd. | 287100 | 2705375 |
|  | Shinnihon Corp. | 141400 | 1634082 |
|  | Shinnihonseiyaku Co. Ltd. | 33600 | 563810 |
|  | Shinsho Corp. | 76500 | 1008335 |
|  | Shinwa Co. Ltd. (3447 JP) | 53200 | 270481 |
|  | Shinwa Co. Ltd. (7607 JP) | 33700 | 714852 |
|  | Shionogi & Co. Ltd. | 886700 | 14897014 |
|  | Ship Healthcare Holdings, Inc. | 407400 | 5910343 |
|  | Shiseido Co. Ltd. | 193204 | 3176512 |
|  # | Shizuoka Financial Group, Inc. | 823630 | 9152620 |
|  | Shizuoka Gas Co. Ltd. | 222200 | 1831071 |
|  | SHO-BOND Holdings Co. Ltd. | 89000 | 3194779 |
|  | Shoei Co. Ltd. | 205100 | 2408890 |
|  # | Shoei Foods Corp. | 28100 | 799860 |
|  | Shofu, Inc. | 21000 | 321289 |
|  | Showa Sangyo Co. Ltd. | 90728 | 1921240 |
|  | Showa Shinku Co. Ltd. | 17400 | 164576 |
|  | Sigma Koki Co. Ltd. | 6600 | 60969 |
|  | SIGMAXYZ Holdings, Inc. | 284400 | 2084507 |
|  | Siix Corp. | 136480 | 1004995 |
|  \* | Simplex Holdings, Inc. | 115500 | 2444620 |
|  | Sinanen Holdings Co. Ltd. | 26400 | 1227690 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Sinfonia Technology Co. Ltd. | 111500 | $4767620 |
|  | Sinko Industries Ltd. | 172500 | 1458176 |
|  | Sintokogio Ltd. | 173900 | 1013665 |
|  | SK Kaken Co. Ltd. | 2500 | 156124 |
|  | SK-Electronics Co. Ltd. | 34722 | 559993 |
|  | SKY Perfect JSAT Holdings, Inc. | 770500 | 6228826 |
|  | Skylark Holdings Co. Ltd. | 712400 | 14785318 |
|  | Skymark Airlines, Inc. | 31000 | 109451 |
|  # | Smaregi, Inc. | 22100 | 486923 |
|  | SMC Corp. | 9400 | 3042224 |
|  # | SMK Corp. | 22199 | 364111 |
|  | SMS Co. Ltd. | 275300 | 2551468 |
|  | Socionext, Inc. | 418600 | 4502282 |
|  # | Soda Nikka Co. Ltd. | 70300 | 506638 |
|  | Sodick Co. Ltd. | 262334 | 1378772 |
|  | Soft99 Corp. | 11800 | 142750 |
|  | SoftBank Corp. | 19213000 | 29073974 |
|  | SoftBank Group Corp. | 1193063 | 60332739 |
|  | Softcreate Holdings Corp. | 63000 | 866280 |
|  | Software Service, Inc. | 9300 | 819456 |
|  | Sohgo Security Services Co. Ltd. | 975800 | 7712392 |
|  | Sojitz Corp. | 379219 | 8971498 |
|  | Soken Chemical & Engineering Co. Ltd. | 60400 | 641995 |
|  | Solasto Corp. | 259000 | 800210 |
|  | Soliton Systems KK | 37800 | 331005 |
|  | Sompo Holdings, Inc. | 1298800 | 42563099 |
|  | Sony Group Corp. (6758 JP) | 5644000 | 148904434 |
|  # | Sony Group Corp. (SONY US), Sponsored ADR | 1703445 | 44289570 |
|  | Sotetsu Holdings, Inc. | 191800 | 2924344 |
|  | Sotoh Co. Ltd. | 11700 | 54501 |
|  # | Space Co. Ltd. | 63460 | 485717 |
|  | Sparx Group Co. Ltd. | 106539 | 1077739 |
|  | SPK Corp. | 30800 | 445349 |
|  # | S-Pool, Inc. | 48100 | 100971 |
|  # | Sprix, Inc. | 3700 | 25060 |
|  | Square Enix Holdings Co. Ltd. | 52900 | 3058837 |
|  | SRA Holdings | 51500 | 1568205 |
|  # | SRE Holdings Corp. | 26100 | 644034 |
|  | SRS Holdings Co. Ltd. | 20900 | 174249 |
|  # | ST Corp. | 19100 | 200740 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | St. Care Holding Corp. | 57500 | $311309 |
|  # | St. Marc Holdings Co. Ltd. | 19300 | 352052 |
|  | Stanley Electric Co. Ltd. | 411600 | 7712934 |
|  | Star Mica Holdings Co. Ltd. | 89300 | 610054 |
|  | Star Micronics Co. Ltd. | 120000 | 1376139 |
|  | Startia Holdings, Inc. | 9700 | 143332 |
|  | Starts Corp., Inc. | 199700 | 5431477 |
|  | Starzen Co. Ltd. | 205494 | 1754609 |
|  | Stella Chemifa Corp. | 43600 | 1138692 |
|  # | Step Co. Ltd. | 29100 | 464922 |
|  | STI Foods Holdings, Inc. | 28800 | 248574 |
|  | Strike Co. Ltd. | 33000 | 678797 |
|  # | Studio Alice Co. Ltd. | 43500 | 642355 |
|  | Subaru Corp. | 1829800 | 33133868 |
|  | Subaru Enterprise Co. Ltd. | 32000 | 738089 |
|  | Sugi Holdings Co. Ltd. | 341400 | 7171390 |
|  | Sugimoto & Co. Ltd. | 96900 | 1091344 |
|  # | SUMCO Corp. | 1378060 | 9503221 |
|  | Sumida Corp. | 140400 | 930224 |
|  # | Suminoe Co. Ltd. | 15600 | 137440 |
|  # | Sumiseki Holdings, Inc. | 124200 | 620214 |
|  | Sumitomo Bakelite Co. Ltd. | 251400 | 5845276 |
|  | Sumitomo Chemical Co. Ltd. | 3661652 | 8851343 |
|  | Sumitomo Corp. | 627700 | 15326157 |
|  | Sumitomo Densetsu Co. Ltd. | 73400 | 2697583 |
|  | Sumitomo Electric Industries Ltd. | 1367900 | 21986800 |
|  | Sumitomo Forestry Co. Ltd. | 489800 | 14103405 |
|  | Sumitomo Heavy Industries Ltd. | 430063 | 8954690 |
|  | Sumitomo Metal Mining Co. Ltd. | 459700 | 10199373 |
|  | Sumitomo Mitsui Construction Co. Ltd. | 196880 | 697771 |
|  | Sumitomo Mitsui Financial Group, Inc. (8316 JP) | 2617410 | 62444109 |
|  | Sumitomo Mitsui Trust Group, Inc. | 638646 | 15799291 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Sumitomo Osaka Cement Co. Ltd. | 145199 | $3965178 |
|  | Sumitomo Realty & Development Co. Ltd. | 427700 | 15930230 |
|  | Sumitomo Riko Co. Ltd. | 243800 | 2788154 |
|  | Sumitomo Rubber Industries Ltd. | 747563 | 9414261 |
|  | Sumitomo Seika Chemicals Co. Ltd. | 42101 | 1404077 |
|  | Sumitomo Warehouse Co. Ltd. | 276100 | 5363023 |
|  | Sun Frontier Fudousan Co. Ltd. | 163500 | 2237477 |
|  \* | Suncall Corp. | 102900 | 227774 |
|  | Sundrug Co. Ltd. | 257800 | 8590483 |
|  | Suntory Beverage & Food Ltd. | 248900 | 8696775 |
|  | Sun-Wa Technos Corp. | 44900 | 665172 |
|  # | SUNWELS Co. Ltd. | 3500 | 14028 |
|  # | Suruga Bank Ltd. | 600200 | 5316513 |
|  # | Suzuden Corp. | 21700 | 295426 |
|  | Suzuken Co. Ltd. | 194299 | 7019563 |
|  | Suzuki Co. Ltd. | 53000 | 599594 |
|  | Suzuki Motor Corp. | 2110900 | 25296302 |
|  | SWCC Corp. | 184800 | 8397779 |
|  | Sysmex Corp. | 684300 | 12702765 |
|  | System Research Co. Ltd. | 15000 | 184248 |
|  | System Support Holdings, Inc. | 18700 | 263258 |
|  | Systems Engineering Consultants Co. Ltd. | 7600 | 236590 |
|  | Systena Corp. | 1133300 | 2964373 |
|  # | Syuppin Co. Ltd. | 78300 | 601877 |
|  | T Hasegawa Co. Ltd. | 126192 | 2529132 |
|  | T RAD Co. Ltd. | 21100 | 566534 |
|  | T&D Holdings, Inc. | 654210 | 13920675 |
|  | Tachibana Eletech Co. Ltd. | 78580 | 1285127 |
|  | Tachikawa Corp. | 47139 | 495423 |
|  | Tachi-S Co. Ltd. | 142300 | 1569818 |
|  | Tadano Ltd. | 470245 | 3257892 |
|  | Taihei Dengyo Kaisha Ltd. | 55300 | 1891224 |
|  | Taiheiyo Cement Corp. | 415491 | 11187252 |
|  | Taiheiyo Kouhatsu, Inc. | 31399 | 148323 |
|  # | Taiho Kogyo Co. Ltd. | 95400 | 434935 |
|  | Taikisha Ltd. | 176400 | 2887312 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Taiko Bank Ltd. | 25600 | $253210 |
|  | Taisei Corp. | 197580 | 10713169 |
|  # | Taisei Lamick Group Head Quarter & Innovation Co. Ltd. | 22900 | 397304 |
|  | Taiyo Holdings Co. Ltd. | 128900 | 4772390 |
|  # | Taiyo Yuden Co. Ltd. | 390099 | 5883572 |
|  | Takamatsu Construction Group Co. Ltd. | 66700 | 1351152 |
|  # | Takamiya Co. Ltd. | 110243 | 296152 |
|  | Takano Co. Ltd. | 27500 | 137198 |
|  # | Takaoka Toko Co. Ltd. | 49974 | 803711 |
|  | Takara & Co. Ltd. | 25600 | 620338 |
|  | Takara Bio, Inc. | 78900 | 451666 |
|  | Takara Holdings, Inc. | 534600 | 4314788 |
|  | Takara Standard Co. Ltd. | 189445 | 2394395 |
|  | Takasago International Corp. | 69300 | 3255210 |
|  | Takasago Thermal Engineering Co. Ltd. | 100600 | 4450949 |
|  | Takashima & Co. Ltd. | 68400 | 626680 |
|  | Takashimaya Co. Ltd. | 1059800 | 8171215 |
|  | Take & Give Needs Co. Ltd. | 42100 | 254525 |
|  # | TAKEBISHI Corp. | 34600 | 431211 |
|  | Takeda Pharmaceutical Co. Ltd. (4502 JP) | 1487707 | 45001055 |
|  | Takemoto Yohki Co. Ltd. | 41800 | 245407 |
|  | Takeuchi Manufacturing Co. Ltd. | 173000 | 5415305 |
|  # | Taki Chemical Co. Ltd. | 6300 | 138621 |
|  | Takuma Co. Ltd. | 222900 | 2872096 |
|  # | Tama Home Co. Ltd. | 92800 | 2597802 |
|  | Tamron Co. Ltd. | 156500 | 3538223 |
|  # | Tamura Corp. | 302900 | 966195 |
|  | Tanabe Engineering Corp. | 22500 | 339588 |
|  \* | Tanaka Chemical Corp. | 13900 | 42967 |
|  # | Tanseisha Co. Ltd. | 108949 | 791647 |
|  # | Tayca Corp. | 73000 | 664693 |
|  | Tazmo Co. Ltd. | 33600 | 412019 |
|  # | Tbk Co. Ltd. | 100301 | 202957 |
|  | TBS Holdings, Inc. | 118700 | 3981834 |
|  | TDC Soft, Inc. | 97400 | 862779 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | TDK Corp. (6762 JP) | 2302500 | $24570996 |
|  # | TDK Corp. (TTDKY US), Sponsored ADR | 597870 | 6462975 |
|  | Tear Corp. | 41400 | 130244 |
|  | TechMatrix Corp. | 128000 | 1827909 |
|  | Techno Horizon Co. Ltd. | 11700 | 30363 |
|  # | Techno Medica Co. Ltd. | 12200 | 154709 |
|  | Techno Ryowa Ltd. | 23570 | 470467 |
|  | Techno Smart Corp. | 29200 | 326673 |
|  | TechnoPro Holdings, Inc. | 417599 | 9312293 |
|  | Teijin Ltd. | 650668 | 5455644 |
|  | Teikoku Electric Manufacturing Co. Ltd. | 47300 | 925222 |
|  # | Teikoku Sen-I Co. Ltd. | 76100 | 1316579 |
|  # | Teikoku Tsushin Kogyo Co. Ltd. | 38400 | 633714 |
|  | Tekken Corp. | 51899 | 1007199 |
|  | Temairazu, Inc. | 3400 | 84400 |
|  # | Tenma Corp. | 75400 | 1881272 |
|  # | Tenpos Holdings Co. Ltd. | 2000 | 48165 |
|  # | Tera Probe, Inc. | 14300 | 265352 |
|  | Terumo Corp. | 290900 | 5568036 |
|  | Tess Holdings Co. Ltd. | 176688 | 412840 |
|  | THK Co. Ltd. | 301700 | 7432373 |
|  | Tigers Polymer Corp. | 6600 | 40227 |
|  | TIS, Inc. | 459101 | 13251112 |
|  | TKC Corp. | 82100 | 2314163 |
|  | Toa Corp. (1885 JP) | 278400 | 2689752 |
|  | Toa Corp. (6809 JP) | 153216 | 995178 |
|  # | TOA ROAD Corp. | 151100 | 1615550 |
|  | Toagosei Co. Ltd. | 465650 | 4381022 |
|  | TOBISHIMA HOLDINGS, Inc. | 87240 | 1097305 |
|  | Tobu Railway Co. Ltd. | 280400 | 5116723 |
|  # | TOC Co. Ltd. | 145000 | 641465 |
|  | Tocalo Co. Ltd. | 303700 | 3498007 |
|  # | Tochigi Bank Ltd. | 548501 | 1242372 |
|  | Toda Corp. | 878600 | 5597488 |
|  | Toei Animation Co. Ltd. | 94000 | 2273006 |
|  | Toei Co. Ltd. | 57100 | 2091956 |
|  # | Toell Co. Ltd. | 25400 | 136825 |
|  | Toenec Corp. | 194800 | 1542726 |
|  | Togami Electric Manufacturing Co. Ltd. | 11600 | 281361 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Toho Bank Ltd. | 858355 | $2117195 |
|  | Toho Chemical Industry Co. Ltd. | 23000 | 106055 |
|  # | Toho Co. Ltd. (8142 JP) | 40400 | 924333 |
|  | Toho Co. Ltd. (9602 JP) | 60000 | 3425488 |
|  | Toho Gas Co. Ltd. | 148955 | 4455669 |
|  # | Toho Holdings Co. Ltd. | 212000 | 6930580 |
|  # | Toho Titanium Co. Ltd. | 173600 | 1237667 |
|  \* | Toho Zinc Co. Ltd. | 71799 | 271478 |
|  # | Tohoku Bank Ltd. | 60500 | 455384 |
|  | Tohoku Electric Power Co., Inc. | 645000 | 4635328 |
|  # | Tohokushinsha Film Corp. | 36600 | 147754 |
|  | Tokai Carbon Co. Ltd. | 912600 | 5888814 |
|  | Tokai Corp. | 94102 | 1384040 |
|  | TOKAI Holdings Corp. | 479100 | 3359573 |
|  | Tokai Rika Co. Ltd. | 256167 | 3815246 |
|  | Tokai Tokyo Financial Holdings, Inc. | 924517 | 3053538 |
|  # | Token Corp. | 25470 | 2380519 |
|  | Tokio Marine Holdings, Inc. (8766 JP) | 1440936 | 57756104 |
|  # | Tokio Marine Holdings, Inc. (TKOMY US), ADR | 167916 | 6687255 |
|  # | Tokushu Tokai Paper Co. Ltd. | 42138 | 1100733 |
|  | Tokuyama Corp. | 308112 | 6289307 |
|  | Tokyo Century Corp. | 671720 | 7074107 |
|  \* | Tokyo Electric Power Co. Holdings, Inc. | 1843312 | 5638975 |
|  # | Tokyo Electron Device Ltd. | 107400 | 2226583 |
|  | Tokyo Electron Ltd. | 393800 | 58636158 |
|  | Tokyo Energy & Systems, Inc. | 88900 | 702091 |
|  | Tokyo Gas Co. Ltd. | 343500 | 11412030 |
|  # | Tokyo Individualized Educational Institute, Inc. | 61355 | 134681 |
|  | Tokyo Kiraboshi Financial Group, Inc. | 134674 | 5323528 |
|  | Tokyo Ohka Kogyo Co. Ltd. | 126300 | 2778584 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Tokyo Printing Ink Manufacturing Co. Ltd. | 1600 | $44169 |
|  # | Tokyo Rope Manufacturing Co. Ltd. | 43099 | 365771 |
|  # | Tokyo Sangyo Co. Ltd. | 86400 | 419697 |
|  | Tokyo Seimitsu Co. Ltd. | 107900 | 6021154 |
|  # | Tokyo Steel Manufacturing Co. Ltd. | 260800 | 2948812 |
|  | Tokyo Tatemono Co. Ltd. | 708600 | 12704007 |
|  # | Tokyo Tekko Co. Ltd. | 41000 | 1598127 |
|  | Tokyo Theatres Co., Inc. | 34100 | 260783 |
|  # | Tokyotokeiba Co. Ltd. | 66600 | 1957252 |
|  | Tokyu Construction Co. Ltd. | 392780 | 2280460 |
|  | Tokyu Corp. | 493106 | 5980414 |
|  | Tokyu Fudosan Holdings Corp. | 2108594 | 14768201 |
|  | Toli Corp. | 183400 | 627081 |
|  | Tomato Bank Ltd. | 39600 | 327550 |
|  # | Tomen Devices Corp. | 12600 | 470840 |
|  | Tomoe Corp. | 119600 | 1243853 |
|  # | Tomoe Engineering Co. Ltd. | 86400 | 836622 |
|  # | Tomoku Co. Ltd. | 52600 | 901422 |
|  # | TOMONY Holdings, Inc. | 1084760 | 4156710 |
|  | Tomy Co. Ltd. | 305000 | 6715181 |
|  | Topcon Corp. | 417300 | 9477236 |
|  | TOPPAN Holdings, Inc. | 398120 | 11176241 |
|  | Topre Corp. | 163036 | 1992036 |
|  | Topy Industries Ltd. | 77300 | 1120457 |
|  | Toray Industries, Inc. | 2548000 | 16272835 |
|  # | Torex Semiconductor Ltd. | 25000 | 207341 |
|  # | Toridoll Holdings Corp. | 181300 | 5426450 |
|  | Torigoe Co. Ltd. | 72400 | 436949 |
|  | Torii Pharmaceutical Co. Ltd. | 69900 | 2290546 |
|  # | Torishima Pump Manufacturing Co. Ltd. | 83600 | 1153100 |
|  | Tosei Corp. | 169600 | 2858415 |
|  | Toshiba TEC Corp. | 123100 | 2320300 |
|  | Tosho Co. Ltd. | 16700 | 64247 |
|  | Tosoh Corp. | 718813 | 10132903 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Totech Corp. | 89600 | $1625818 |
|  | Totetsu Kogyo Co. Ltd. | 93800 | 2069954 |
|  | TOTO Ltd. | 191898 | 5060055 |
|  # | Tottori Bank Ltd. | 37800 | 339651 |
|  # | Toukei Computer Co. Ltd. | 14200 | 436098 |
|  | Tow Co. Ltd. | 94800 | 209810 |
|  # | Towa Bank Ltd. | 187100 | 802985 |
|  # | Towa Corp. | 150000 | 1400220 |
|  | Towa Pharmaceutical Co. Ltd. | 138700 | 2573695 |
|  # | Toyo Construction Co. Ltd. | 377700 | 3542886 |
|  # | Toyo Corp. | 103200 | 993689 |
|  | Toyo Denki Seizo KK | 30500 | 294646 |
|  # | Toyo Engineering Corp. | 122505 | 578388 |
|  # | Toyo Gosei Co. Ltd. | 27500 | 930571 |
|  | Toyo Innovex Co. Ltd. | 68300 | 276174 |
|  | Toyo Kanetsu KK | 34100 | 847266 |
|  # | Toyo Securities Co. Ltd. | 219300 | 674025 |
|  | Toyo Seikan Group Holdings Ltd. | 429600 | 7500254 |
|  | Toyo Suisan Kaisha Ltd. | 59500 | 3846422 |
|  | Toyo Tanso Co. Ltd. | 59800 | 1680510 |
|  | Toyo Tire Corp. | 606300 | 11335867 |
|  | Toyo Wharf & Warehouse Co. Ltd. | 27600 | 246423 |
|  | Toyobo Co. Ltd. | 418178 | 2594303 |
|  | Toyoda Gosei Co. Ltd. | 274000 | 5261254 |
|  | Toyota Boshoku Corp. | 381200 | 5469737 |
|  | Toyota Industries Corp. | 97700 | 11457755 |
|  # | Toyota Motor Corp. (7203 JP) | 13495791 | 257761669 |
|  # | Toyota Motor Corp. (TM US), Sponsored ADR | 124418 | 23791210 |
|  | Toyota Tsusho Corp. | 1237638 | 24595237 |
|  | TPR Co. Ltd. | 99767 | 1485796 |
|  | Traders Holdings Co. Ltd. | 84219 | 518796 |
|  # | Transaction Co. Ltd. | 52300 | 929738 |
|  \* | Transaction Media Networks, Inc. | 21400 | 41937 |
|  | Transcosmos, Inc. | 74400 | 1625739 |
|  | TRE Holdings Corp. | 158412 | 1707173 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Treasure Factory Co. Ltd. | 49000 | $660396 |
|  | Trend Micro, Inc. (4704 JP) | 192500 | 13811989 |
|  | Trend Micro, Inc. (TMICY US), Sponsored ADR | 3140 | 220742 |
|  | Trinity Industrial Corp. | 7900 | 58791 |
|  | Trusco Nakayama Corp. | 156022 | 2327694 |
|  # | TRYT, Inc. | 54800 | 184474 |
|  | TS Tech Co. Ltd. | 404200 | 4568554 |
|  # | TSI Holdings Co. Ltd. | 271990 | 2046880 |
|  # | Tsubaki Nakashima Co. Ltd. | 193800 | 551689 |
|  | Tsubakimoto Chain Co. | 393000 | 4774290 |
|  # | Tsubakimoto Kogyo Co. Ltd. | 52200 | 791081 |
|  # | Tsuburaya Fields Holdings, Inc. | 147300 | 1922910 |
|  | Tsugami Corp. | 191300 | 2356550 |
|  | Tsukada Global Holdings, Inc. | 65900 | 246675 |
|  | Tsukishima Holdings Co. Ltd. | 117600 | 1650452 |
|  # | Tsukuba Bank Ltd. | 359700 | 606607 |
|  | Tsumura & Co. | 159700 | 4802344 |
|  | Tsuruha Holdings, Inc. | 139600 | 11229302 |
|  | Tsurumi Manufacturing Co. Ltd. | 65100 | 1510708 |
|  | Tsutsumi Jewelry Co. Ltd. | 23500 | 380938 |
|  # | Tsuzuki Denki Co. Ltd. | 23900 | 409879 |
|  | TV Asahi Holdings Corp. | 138200 | 2513697 |
|  | Tv Tokyo Holdings Corp. | 32200 | 895239 |
|  | TYK Corp. | 55000 | 189376 |
|  | UACJ Corp. | 164214 | 5540321 |
|  | UBE Corp. | 456965 | 6704336 |
|  | Ubicom Holdings, Inc. | 21126 | 188559 |
|  | Uchida Yoko Co. Ltd. | 40200 | 2199174 |
|  | Ukai Co. Ltd. | 1000 | 25056 |
|  | ULS Group, Inc. | 9400 | 326663 |
|  | Ulvac, Inc. | 112100 | 3801830 |
|  # | Umenohana Co. Ltd. | 2100 | 12455 |
|  # | U-Next Holdings Co. Ltd. | 227700 | 3258464 |
|  | Unicharm Corp. | 1260599 | 11704835 |
|  | Unipres Corp. | 156541 | 1099852 |
|  | United Arrows Ltd. | 84000 | 1326044 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | United Super Markets Holdings, Inc. | 274523 | $1765620 |
|  # | UNITED, Inc. | 64300 | 314305 |
|  # | Universal Entertainment Corp. | 117400 | 917687 |
|  | Urbanet Corp. Co. Ltd. | 126000 | 405029 |
|  # | User Local, Inc. | 12800 | 149220 |
|  | Ushio, Inc. | 449800 | 5410138 |
|  | USS Co. Ltd. | 827000 | 8243321 |
|  | UT Group Co. Ltd. | 114900 | 1615081 |
|  | V Technology Co. Ltd. | 39200 | 552482 |
|  | Valor Holdings Co. Ltd. | 175213 | 3065624 |
|  | Valqua Ltd. | 78700 | 1655663 |
|  # | Value HR Co. Ltd. | 66800 | 730651 |
|  | ValueCommerce Co. Ltd. | 75800 | 430627 |
|  \* | V-Cube, Inc. | 17400 | 21952 |
|  | Vector, Inc. | 115700 | 719550 |
|  | Vertex Corp. | 106680 | 1441505 |
|  | Vision, Inc. | 149100 | 1343845 |
|  \* | Visional, Inc. | 75900 | 4591850 |
|  | Vital KSK Holdings, Inc. | 206185 | 1897992 |
|  | VT Holdings Co. Ltd. | 365900 | 1294785 |
|  | Wacoal Holdings Corp. | 166100 | 5797224 |
|  | Wacom Co. Ltd. | 221900 | 849462 |
|  | Wakachiku Construction Co. Ltd. | 34200 | 956277 |
|  | Wakita & Co. Ltd. | 190600 | 2355250 |
|  | Warabeya Nichiyo Holdings Co. Ltd. | 56332 | 871302 |
|  # | Waseda Academy Co. Ltd. | 22100 | 342683 |
|  # | Watahan & Co. Ltd. | 78100 | 887446 |
|  # | WATAMI Co. Ltd. | 49200 | 388034 |
|  # | WDB Holdings Co. Ltd. | 35600 | 454361 |
|  | WDI Corp. | 2100 | 44403 |
|  \* | Wealth Management, Inc. | 5800 | 41266 |
|  | Weathernews, Inc. | 33400 | 828438 |
|  | Welcia Holdings Co. Ltd. | 266687 | 4701993 |
|  | Wellneo Sugar Co. Ltd. | 54200 | 898116 |
|  | Wellnet Corp. | 50400 | 256137 |
|  # | West Holdings Corp. | 130506 | 1444988 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | West Japan Railway Co. | 384000 | $8077821 |
|  # | Will Group, Inc. | 71900 | 491031 |
|  \* | WingArc1st, Inc. | 59400 | 1587481 |
|  | With U.S. Corp. | 1100 | 18921 |
|  # | Wood One Co. Ltd. | 26874 | 166200 |
|  # | Workman Co. Ltd. | 42500 | 1339212 |
|  | World Co. Ltd. | 86100 | 1599364 |
|  | World Holdings Co. Ltd. | 40200 | 563200 |
|  | Wowow, Inc. | 12600 | 90734 |
|  #\* | W-Scope Corp. | 86200 | 150448 |
|  | Xebio Holdings Co. Ltd. | 109657 | 1000383 |
|  | YAC Holdings Co. Ltd. | 7400 | 41355 |
|  | Yahagi Construction Co. Ltd. | 110900 | 1128229 |
|  | Yakult Honsha Co. Ltd. | 125000 | 2567753 |
|  | YAKUODO Holdings Co. Ltd. | 42500 | 603907 |
|  | YAMABIKO Corp. | 168640 | 2523717 |
|  | YAMADA Consulting Group Co. Ltd. | 29800 | 365308 |
|  | Yamada Holdings Co. Ltd. | 1769033 | 5701201 |
|  # | Yamae Group Holdings Co. Ltd. | 35500 | 643936 |
|  # | Yamagata Bank Ltd. | 122099 | 1099687 |
|  | Yamaguchi Financial Group, Inc. | 651900 | 7701767 |
|  | Yamaha Corp. | 726597 | 5310650 |
|  | Yamaha Motor Co. Ltd. | 3172500 | 24915969 |
|  | Yamaichi Electronics Co. Ltd. | 126500 | 1777597 |
|  # | Yamami Co. | 11800 | 380910 |
|  # | Yamanashi Chuo Bank Ltd. | 121900 | 1738675 |
|  # | Yamatane Corp. | 45100 | 1419002 |
|  # | Yamato Corp. | 84800 | 979192 |
|  | Yamato Holdings Co. Ltd. | 516100 | 7327465 |
|  # | Yamato Kogyo Co. Ltd. | 112100 | 6675402 |
|  # | Yamaura Corp. | 24100 | 205497 |
|  # | Yamaya Corp. | 14210 | 286019 |
|  | Yamazaki Baking Co. Ltd. | 383100 | 9170858 |
|  | Yamazen Corp. | 230700 | 2268341 |
|  | Yaoko Co. Ltd. | 89500 | 5994514 |
|  | Yashima Denki Co. Ltd. | 42800 | 507909 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Yaskawa Electric Corp. | 153800 | $3240456 |
|  | Yasuda Logistics Corp. | 75700 | 901369 |
|  # | YE DIGITAL Corp. | 43600 | 186341 |
|  | Yellow Hat Ltd. | 300400 | 2862889 |
|  | Yodogawa Steel Works Ltd. | 105200 | 4259343 |
|  | Yokogawa Bridge Holdings Corp. | 140100 | 2566768 |
|  | Yokogawa Electric Corp. | 284100 | 6147965 |
|  | Yokohama Rubber Co. Ltd. | 532300 | 11638641 |
|  # | Yokorei Co. Ltd. | 221300 | 1321835 |
|  | Yokowo Co. Ltd. | 77900 | 667535 |
|  # | Yomeishu Seizo Co. Ltd. | 22000 | 472779 |
|  | Yondenko Corp. | 118380 | 1116244 |
|  # | Yondoshi Holdings, Inc. | 57500 | 708731 |
|  | Yonex Co. Ltd. | 204100 | 3339640 |
|  # | Yorozu Corp. | 100910 | 723806 |
|  #\* | Yoshimura Food Holdings KK | 33200 | 211135 |
|  | Yoshinoya Holdings Co. Ltd. | 180000 | 3945364 |
|  # | Yossix Holdings Co. Ltd. | 8500 | 165407 |
|  # | Yotai Refractories Co. Ltd. | 44200 | 549998 |
|  | Yuasa Funashoku Co. Ltd. | 2900 | 82201 |
|  | Yuasa Trading Co. Ltd. | 74100 | 2267657 |
|  | Yuken Kogyo Co. Ltd. | 4500 | 75912 |
|  # | Yukiguni Factory Co. Ltd. | 83218 | 675718 |
|  | Yurtec Corp. | 196400 | 2536090 |
|  | Yushin Co. | 50000 | 223300 |
|  | Yushiro, Inc. | 42100 | 557508 |
|  # | Yutaka Foods Corp. | 4000 | 59846 |
|  | Yutaka Giken Co. Ltd. | 2200 | 33346 |
|  | Zacros Corp. | 75900 | 2104665 |
|  | Zaoh Co. Ltd. | 18400 | 312459 |
|  | Zenitaka Corp. | 10937 | 328720 |
|  # | Zenkoku Hosho Co. Ltd. | 306000 | 6638995 |
|  | Zenrin Co. Ltd. | 112950 | 950574 |
|  | Zensho Holdings Co. Ltd. | 172797 | 10677701 |
|  | Zeon Corp. | 576100 | 5649362 |
|  | ZERIA Pharmaceutical Co. Ltd. | 72700 | 1192181 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | ZIGExN Co. Ltd. | 233100 | $| 725297 |
|  # | Zojirushi Corp. | 21500 |  | 206526 |
|  | ZOZO, Inc. | 740700 |  | 7522168 |
|  # | Zuiko Corp. | 64535 |  | 490292 |
|  TOTAL JAPAN | TOTAL JAPAN |  |  | 7265058559 |
|  LIECHTENSTEIN — (0.0%) | LIECHTENSTEIN — (0.0%) | LIECHTENSTEIN — (0.0%) | LIECHTENSTEIN — (0.0%) | LIECHTENSTEIN — (0.0%) |
|  | Liechtensteinische Landesbank AG | 46137 |  | 4236006 |
|  | VP Bank AG, Class A | 15365 |  | 1531849 |
|  TOTAL LIECHTENSTEIN | TOTAL LIECHTENSTEIN |  |  | 5767855 |
|  LUXEMBOURG — (0.4%) | LUXEMBOURG — (0.4%) | LUXEMBOURG — (0.4%) | LUXEMBOURG — (0.4%) | LUXEMBOURG — (0.4%) |
|  | Aperam SA | 237788 |  | 6919018 |
|  # | ArcelorMittal SA (MT US) | 803577 |  | 23858208 |
|  \* | Aroundtown SA | 2165274 |  | 6468992 |
|  | B&M European Value Retail SA | 3177684 |  | 14291252 |
|  W | B&S Group SARL | 114363 |  | 753552 |
|  W | Befesa SA | 102654 |  | 3121409 |
|  | d'Amico International Shipping SA | 246992 |  | 916032 |
|  # | Eurofins Scientific SE | 413234 |  | 26077688 |
|  \* | Grand City Properties SA | 208070 |  | 2483361 |
|  \* | InPost SA | 695392 |  | 11746480 |
|  # | RTL Group SA | 135576 |  | 5560047 |
|  #W | Samsonite Group SA | 4758000 |  | 8525091 |
|  # | SES SA | 1846294 |  | 9789046 |
|  | Subsea 7 SA | 403951 |  | 6116234 |
|  # | Sword Group | 25719 |  | 912067 |
|  | Tenaris SA (TEN IM) | 417015 |  | 6953699 |
|  # | Tenaris SA (TS US), ADR | 96792 |  | 3222206 |
|  TOTAL LUXEMBOURG | TOTAL LUXEMBOURG |  |  | 137714382 |
|  MONACO — (0.0%) | MONACO — (0.0%) | MONACO — (0.0%) | MONACO — (0.0%) | MONACO — (0.0%) |
|  | Societe des Bains de Mer et du Cercle des Etrangers a Monaco | 755 |  | 87086 |
|  NETHERLANDS — (3.8%) | NETHERLANDS — (3.8%) | NETHERLANDS — (3.8%) | NETHERLANDS — (3.8%) | NETHERLANDS — (3.8%) |
|  | Aalberts NV | 464798 |  | 15434372 |
|  #W | ABN AMRO Bank NV | 981642 |  | 20342415 |
|  | Acomo NV | 86252 |  | 2119835 |
|  \*W | Adyen NV | 9183 |  | 14860049 |
|  | Aegon Ltd. (AEG US) | 532037 |  | 3420998 |
|  | Aegon Ltd. (AGN NA) | 4417781 |  | 28414922 |
|  | Airbus SE | 335774 |  | 56977659 |
|  | Akzo Nobel NV | 433130 |  | 27345445 |
|  #\*W | Alfen NV | 12665 |  | 222684 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) |
|  # | AMG Critical Materials NV | 102504 | $1826980 |
|  | Arcadis NV | 312262 | 15141921 |
|  \* | Argenx SE (ARGX BB) | 8301 | 5366175 |
|  \* | Argenx SE (ARGX US), ADR | 4370 | 2819262 |
|  \* | Argo Properties NV | 11247 | 346140 |
|  | Ariston Holding NV | 16994 | 76630 |
|  | ASM International NV | 82491 | 40320525 |
|  | ASML Holding NV (ASML NA) | 126227 | 84501639 |
|  | ASML Holding NV (ASML US) | 180734 | 120744771 |
|  | ASR Nederland NV | 600547 | 37893808 |
|  #\* | Avantium NV | 33230 | 28952 |
|  #\*W | Basic-Fit NV | 118963 | 2703975 |
|  # | BE Semiconductor Industries NV | 139645 | 15124068 |
|  # | Brembo NV | 258854 | 2420465 |
|  # | Brunel International NV | 67170 | 708585 |
|  | Cementir Holding NV | 193185 | 3167383 |
|  | Corbion NV | 307895 | 6584461 |
|  | COSMO Pharmaceuticals NV | 17002 | 986011 |
|  #W | CTP NV | 175555 | 3297456 |
|  W | Euronext NV | 190501 | 31841705 |
|  | Ferrari NV (RACE IM)**.** | 106547 | 48775257 |
|  | Ferrovial SE | 334213 | 16303745 |
|  | Flow Traders Ltd. | 162291 | 4805231 |
|  | ForFarmers NV | 178805 | 853298 |
|  # | Fugro NV | 492014 | 5770149 |
|  | HAL Trust | 877 | 115409 |
|  \* | Havas NV | 1944279 | 3234421 |
|  | Heineken NV | 214641 | 19213625 |
|  | IMCD NV | 209532 | 27863701 |
|  # | ING Groep NV (ING US), Sponsored ADR | 17787 | 344533 |
|  | ING Groep NV (INGA NA) | 2231490 | 43334016 |
|  | Iveco Group NV | 824488 | 13172088 |
|  | JDE Peet's NV | 188712 | 4568512 |
|  W | Just Eat Takeaway.com NV (JET LN) | 119982 | 2615134 |
|  \*W | Just Eat Takeaway.com NV (TKWY NA) | 6519 | 142669 |
|  # | Kendrion NV | 72114 | 839710 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) |
|  | Koninklijke Ahold Delhaize NV (AD NA) | 1861947 | $| 76449766 |
|  | Koninklijke BAM Groep NV | 1590527 |  | 10773898 |
|  | Koninklijke Heijmans NV | 143047 |  | 7326729 |
|  | Koninklijke KPN NV | 14507899 |  | 67488621 |
|  #\* | Koninklijke Philips NV (PHG US) | 1176496 |  | 29824174 |
|  | Koninklijke Vopak NV | 327100 |  | 13525805 |
|  | MFE-MediaForEurope NV (MFEA IM), Class A | 829114 |  | 3015720 |
|  | MFE-MediaForEurope NV (MFEB IM), Class B | 288322 |  | 1403213 |
|  # | Nedap NV | 22758 |  | 1571415 |
|  | NN Group NV | 833029 |  | 51081666 |
|  #\* | NX Filtration NV | 3533 |  | 14193 |
|  | OCI NV | 347967 |  | 2891128 |
|  \* | Onward Medical NV | 4822 |  | 22900 |
|  #\* | Pharming Group NV | 1538543 |  | 1360772 |
|  | Pluxee NV | 98986 |  | 2226155 |
|  # | PostNL NV | 629533 |  | 642765 |
|  | Prosus NV (PRX NA) | 778407 |  | 36495294 |
|  | Qiagen NV | 71187 |  | 3043245 |
|  | Randstad NV | 347803 |  | 13960710 |
|  | RHI Magnesita NV | 9135 |  | 381533 |
|  | SBM Offshore NV | 886185 |  | 18631217 |
|  #\* | SIF Holding NV | 9744 |  | 102807 |
|  W | Signify NV | 426479 |  | 8840514 |
|  # | Sligro Food Group NV | 88803 |  | 1199557 |
|  | Stellantis NV (STLA UX) | 11429 |  | 106061 |
|  # | Stellantis NV (STLAM IM) | 4876053 |  | 45373759 |
|  # | STMicroelectronics NV (STM FP) | 876681 |  | 19929685 |
|  # | STMicroelectronics NV (STM US) | 451423 |  | 10251816 |
|  | Technip Energies NV | 626610 |  | 21382525 |
|  | TKH Group NV | 205954 |  | 8137275 |
|  #\* | TomTom NV | 136199 |  | 719911 |
|  | Universal Music Group NV | 616766 |  | 18136300 |
|  | Van Lanschot Kempen NV | 105539 |  | 6162158 |
|  | Wolters Kluwer NV | 456840 |  | 80659189 |
|  TOTAL NETHERLANDS | TOTAL NETHERLANDS |  |  | 1300123265 |
|  NEW ZEALAND — (0.3%) | NEW ZEALAND — (0.3%) | NEW ZEALAND — (0.3%) | NEW ZEALAND — (0.3%) | NEW ZEALAND — (0.3%) |
|  | a2 Milk Co. Ltd. | 521210 |  | 2713248 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) |
|  | Air New Zealand Ltd. | 6435747 | $2217748 |
|  | Auckland International Airport Ltd. | 795409 | 3553538 |
|  # | Channel Infrastructure NZ Ltd. | 1217764 | 1374775 |
|  | Chorus Ltd. (CHRYY US), ADR | 10086 | 236819 |
|  | Chorus Ltd. (CNU NZ) | 2046206 | 9650516 |
|  # | Contact Energy Ltd. | 1196275 | 6301953 |
|  | EBOS Group Ltd. | 184581 | 4017114 |
|  \* | Eroad Ltd. | 50575 | 26948 |
|  | Fisher & Paykel Healthcare Corp. Ltd. | 349622 | 7052929 |
|  #\* | Fletcher Building Ltd. (FBU AU) | 133936 | 240986 |
|  \* | Fletcher Building Ltd. (FBU NZ) | 2939911 | 5352797 |
|  | Fonterra Co-Operative Group Ltd. | 193658 | 626019 |
|  | Freightways Group Ltd. | 651817 | 3810561 |
|  | Genesis Energy Ltd. | 1916845 | 2504804 |
|  \* | Gentrack Group Ltd. | 111983 | 780206 |
|  | Hallenstein Glasson Holdings Ltd. | 164912 | 712310 |
|  # | Heartland Group Holdings Ltd. | 3027241 | 1385910 |
|  # | Infratil Ltd. | 523661 | 3282164 |
|  # | Investore Property Ltd. | 553036 | 335507 |
|  #\* | KMD Brands Ltd. | 3035664 | 593141 |
|  | Mainfreight Ltd. | 97515 | 3218085 |
|  | Manawa Energy Ltd. | 147037 | 423793 |
|  | Mercury NZ Ltd. | 446849 | 1482790 |
|  | Meridian Energy Ltd. | 199933 | 650816 |
|  | Napier Port Holdings Ltd. | 15243 | 23217 |
|  \* | Neuren Pharmaceuticals Ltd. | 30941 | 230719 |
|  # | NZME Ltd. (NZM AU) | 1016313 | 630743 |
|  | NZX Ltd. | 1142921 | 1045224 |
|  \* | Oceania Healthcare Ltd. | 2432456 | 940668 |
|  | PGG Wrightson Ltd. | 15190 | 17338 |
|  # | Port of Tauranga Ltd. | 394422 | 1443299 |
|  \* | Rakon Ltd. | 220288 | 73237 |
|  | Restaurant Brands New Zealand Ltd. | 111871 | 219359 |
|  \* | Ryman Healthcare Ltd. | 1529222 | 2005802 |
|  | Sanford Ltd. | 282603 | 768765 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) |
|  | Scales Corp. Ltd. | 391940 | $| 968339 |
|  \* | Serko Ltd. | 66043 |  | 141662 |
|  | Skellerup Holdings Ltd. | 697270 |  | 1748958 |
|  | SKY Network Television Ltd. | 795781 |  | 1166094 |
|  # | SKYCITY Entertainment Group Ltd. | 3087184 |  | 2096017 |
|  # | Spark New Zealand Ltd. | 2228264 |  | 2760651 |
|  | Steel & Tube Holdings Ltd. | 731601 |  | 313434 |
|  | Summerset Group Holdings Ltd. | 1065886 |  | 6820860 |
|  # | Tourism Holdings Ltd. | 671768 |  | 547719 |
|  # | TOWER Ltd. | 1172686 |  | 924705 |
|  | Turners Automotive Group Ltd. | 14816 |  | 51026 |
|  | Vector Ltd. | 284783 |  | 672415 |
|  #\* | Vista Group International Ltd. | 335878 |  | 706914 |
|  | Vulcan Steel Ltd. | 2180 |  | 10311 |
|  \* | Warehouse Group Ltd. | 455162 |  | 221397 |
|  \* | Xero Ltd. | 116758 |  | 12296143 |
|  TOTAL NEW ZEALAND | TOTAL NEW ZEALAND |  |  | 101390493 |
|  NORWAY — (0.7%) | NORWAY — (0.7%) | NORWAY — (0.7%) | NORWAY — (0.7%) | NORWAY — (0.7%) |
|  # | 2020 Bulkers Ltd. | 63205 |  | 675534 |
|  | ABG Sundal Collier Holding ASA | 1577802 |  | 996419 |
|  | AF Gruppen ASA | 91873 |  | 1318618 |
|  \* | Akastor ASA | 532765 |  | 573261 |
|  | Aker ASA, Class A | 14573 |  | 845030 |
|  | Aker BioMarine ASA | 2119 |  | 10828 |
|  | Aker BP ASA | 567338 |  | 12179321 |
|  | Aker Solutions ASA | 656573 |  | 1782008 |
|  | AMSC ASA | 262793 |  | 675331 |
|  \* | Archer Ltd. | 84102 |  | 165498 |
|  \* | ArcticZymes Technologies ASA | 45019 |  | 71579 |
|  | Atea ASA | 305892 |  | 4185254 |
|  | Austevoll Seafood ASA | 306909 |  | 2891343 |
|  #\*W | AutoStore Holdings Ltd. | 160654 |  | 72401 |
|  #W | Avance Gas Holding Ltd. | 92309 |  | 34889 |
|  \* | Axactor ASA | 668230 |  | 301610 |
|  | B2 Impact ASA | 892479 |  | 977397 |
|  | Bakkafrost P | 21909 |  | 1104777 |
|  \* | Bluenord ASA | 48241 |  | 2763558 |
|  | Bonheur ASA | 106404 |  | 2463852 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
|  | Borregaard ASA | 312851 | $5382854 |
|  | Bouvet ASA | 208688 | 1610551 |
|  | BW Offshore Ltd. | 502070 | 1375979 |
|  \* | Cloudberry Clean Energy ASA | 405947 | 485473 |
|  \*W | Crayon Group Holding ASA | 104832 | 1255607 |
|  | DNB Bank ASA | 682028 | 17049406 |
|  | DNO ASA | 2226670 | 2539569 |
|  \* | DOF Group ASA | 142788 | 1119772 |
|  \*W | Elkem ASA | 890696 | 1566802 |
|  \* | Elliptic Laboratories ASA | 49251 | 45988 |
|  W | Elmera Group ASA | 266456 | 949784 |
|  | Elopak ASA | 210303 | 858608 |
|  \*W | Entra ASA | 52679 | 607567 |
|  | Equinor ASA | 1320048 | 29880111 |
|  W | Europris ASA | 626923 | 4648232 |
|  # | FLEX LNG Ltd. (FLNG NO) | 68867 | 1661481 |
|  #\* | FLEX LNG Ltd. (FLNG US) | 4783 | 112831 |
|  # | Frontline PLC | 271218 | 4572632 |
|  | Gjensidige Forsikring ASA | 29624 | 693167 |
|  | Golar LNG Ltd. | 19800 | 841599 |
|  # | Golden Ocean Group Ltd. | 299018 | 2305347 |
|  # | Grieg Seafood ASA | 251982 | 1589972 |
|  #\* | Hexagon Composites ASA | 318507 | 574350 |
|  #\* | Hexagon Purus ASA | 110988 | 20548 |
|  # | Hoegh Autoliners ASA | 400551 | 3223853 |
|  W | Kid ASA | 112190 | 1576260 |
|  | Kitron ASA | 557120 | 2760134 |
|  W | Klaveness Combination Carriers ASA | 88158 | 511846 |
|  #\* | Kongsberg Automotive ASA | 3243194 | 421417 |
|  | Kongsberg Gruppen ASA | 42972 | 6923163 |
|  | Leroy Seafood Group ASA | 245196 | 1074722 |
|  \* | LINK Mobility Group Holding ASA | 797615 | 1878246 |
|  | Magnora ASA | 79109 | 167776 |
|  | Medistim ASA | 8511 | 131469 |
|  | Morrow Bank ASA | 109423 | 105645 |
|  | Mowi ASA | 150940 | 2767700 |
|  | MPC Container Ships ASA | 1706696 | 2523782 |
|  W | Multiconsult ASA | 32633 | 596461 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
|  \* | Nekkar ASA | 104908 | $111075 |
|  #\* | NEL ASA | 1897209 | 410793 |
|  | Norbit ASA | 39565 | 543374 |
|  \* | Nordic Mining ASA | 26314 | 52917 |
|  \* | Nordic Semiconductor ASA | 53268 | 534139 |
|  | Norsk Hydro ASA | 817996 | 4338990 |
|  #\*W | Norske Skog ASA | 167386 | 292201 |
|  \* | Northern Ocean Ltd. | 39056 | 22102 |
|  \* | Norwegian Air Shuttle ASA | 150444 | 198671 |
|  \* | NRC Group ASA | 13302 | 6325 |
|  | Odfjell Drilling Ltd. | 499918 | 2602213 |
|  | Odfjell SE, Class A | 70738 | 667436 |
|  | Odfjell Technology Ltd. | 85243 | 339175 |
|  #\* | OKEA ASA | 151914 | 239258 |
|  #W | Okeanis Eco Tankers Corp. | 63287 | 1479877 |
|  | Olav Thon Eiendomsselskap ASA | 23024 | 572767 |
|  | Orkla ASA | 151121 | 1685370 |
|  | Panoro Energy ASA | 316636 | 692142 |
|  | Pareto Bank ASA | 55950 | 397145 |
|  | Pexip Holding ASA | 120836 | 459292 |
|  \* | PhotoCure ASA | 2635 | 13638 |
|  | Protector Forsikring ASA | 144955 | 5101757 |
|  | Rana Gruber ASA | 114198 | 812939 |
|  | Salmar ASA | 39871 | 1970252 |
|  #\* | Salmon Evolution ASA | 380665 | 222674 |
|  \* | SATS ASA | 228630 | 825952 |
|  \*W | Scatec ASA | 438224 | 3344370 |
|  | Schibsted ASA (SCHA NO), Class A | 15308 | 465865 |
|  | Schibsted ASA (SCHB NO), Class B | 26608 | 768364 |
|  | SD Standard ETC PLC | 132941 | 24107 |
|  | Sea1 offshore, Inc. | 51334 | 97106 |
|  | Selvaag Bolig ASA | 118861 | 398967 |
|  #\*W | Shelf Drilling Ltd. | 567337 | 257103 |
|  #\* | SmartCraft ASA | 22831 | 56979 |
|  #†† | Solstad Maritime Holding AS | 40084 | 28897 |
|  \* | Solstad Offshore ASA | 65463 | 238991 |
|  | SpareBank 1 Helgeland | 808 | 12639 |
|  | Sparebank 1 Oestlandet | 24428 | 406814 |
|  | SpareBank 1 Sor-Norge ASA | 354103 | 5650506 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
|  | Sparebanken More | 13664 | $| 131337 |
|  | Sparebanken Sor | 740 |  | 14478 |
|  | Stolt-Nielsen Ltd. | 114201 |  | 2564051 |
|  | Storebrand ASA | 940744 |  | 11358173 |
|  | Telenor ASA | 397455 |  | 5969767 |
|  | TGS ASA | 508525 |  | 3792789 |
|  | TOMRA Systems ASA | 96069 |  | 1515706 |
|  | Var Energi ASA | 593287 |  | 1631369 |
|  | Veidekke ASA | 379003 |  | 5702853 |
|  | Wallenius Wilhelmsen ASA | 297461 |  | 2155845 |
|  | Wilh Wilhelmsen Holding ASA, Class A | 51941 |  | 1935633 |
|  #\*W | XXL ASA | 17575 |  | 17628 |
|  | Yara International ASA | 137167 |  | 4451555 |
|  \* | Zaptec ASA | 62455 |  | 106971 |
|  TOTAL NORWAY | TOTAL NORWAY | TOTAL NORWAY |  | 218190549 |
|  PORTUGAL — (0.3%) | PORTUGAL — (0.3%) | PORTUGAL — (0.3%) | PORTUGAL — (0.3%) | PORTUGAL — (0.3%) |
|  | Altri SGPS SA | 345107 |  | 2374716 |
|  | Banco Comercial Portugues SA, Class R | 43547651 |  | 27853005 |
|  | Corticeira Amorim SGPS SA | 39492 |  | 341151 |
|  | CTT-Correios de Portugal SA | 261986 |  | 2307712 |
|  | EDP SA (EDP PL) | 2907393 |  | 11459962 |
|  # | EDP SA (EDPFY US), Sponsored ADR | 7202 |  | 284695 |
|  | Galp Energia SGPS SA | 1755858 |  | 27204868 |
|  | Ibersol SGPS SA | 28374 |  | 299075 |
|  | Jeronimo Martins SGPS SA | 360889 |  | 8734368 |
|  # | Mota-Engil SGPS SA | 266220 |  | 1056697 |
|  # | Navigator Co. SA | 1046366 |  | 3970926 |
|  | NOS SGPS SA | 887932 |  | 3705711 |
|  | REN - Redes Energeticas Nacionais SGPS SA | 1159548 |  | 3805841 |
|  | Semapa-Sociedade de Investimento e Gestao | 9521 |  | 178459 |
|  | Sonae SGPS SA | 4568937 |  | 5802256 |
|  TOTAL PORTUGAL | TOTAL PORTUGAL | TOTAL PORTUGAL |  | 99379442 |
|  SINGAPORE — (1.0%) | SINGAPORE — (1.0%) | SINGAPORE — (1.0%) | SINGAPORE — (1.0%) | SINGAPORE — (1.0%) |
|  \*†† | Abterra Ltd. | 189000 |  | 0 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  #\* | AEM Holdings Ltd. | 1060312 | $960287 |
|  # | Aztech Global Ltd. | 613100 | 248946 |
|  # | Banyan Tree Holdings Ltd. | 733700 | 182258 |
|  | Bonvests Holdings Ltd. | 51600 | 36591 |
|  # | Boustead Singapore Ltd. | 1326646 | 1055522 |
|  | BRC Asia Ltd. | 15300 | 37246 |
|  | Bukit Sembawang Estates Ltd. | 678300 | 1838460 |
|  | Bund Center Investment Ltd. | 316000 | 89743 |
|  W | BW LPG Ltd. | 531320 | 5337394 |
|  # | Capitaland India Trust**.** | 2793421 | 2084090 |
|  | CapitaLand Investment Ltd. | 3088600 | 6509506 |
|  | Centurion Corp. Ltd. | 909800 | 877296 |
|  | China Aviation Oil Singapore Corp. Ltd. | 1190400 | 774937 |
|  | China Sunsine Chemical Holdings Ltd. | 3113200 | 1300138 |
|  # | City Developments Ltd. | 1485300 | 5655343 |
|  | ComfortDelGro Corp. Ltd. | 5435969 | 6377356 |
|  #\* | COSCO Shipping International Singapore Co. Ltd. | 3924900 | 375815 |
|  \* | Creative Technology Ltd. | 27000 | 18477 |
|  | CSE Global Ltd. | 1653051 | 529893 |
|  | DBS Group Holdings Ltd. | 1692847 | 54999217 |
|  \* | Del Monte Pacific Ltd. | 2033682 | 104555 |
|  # | Delfi Ltd. | 805200 | 444495 |
|  | DFI Retail Group Holdings Ltd. | 1048500 | 2646561 |
|  #\*†† | Ezion Holdings Ltd. | 4315348 | 0 |
|  #\*†† | Ezra Holdings Ltd. | 3719565 | 0 |
|  | Far East Orchard Ltd. | 955273 | 744921 |
|  | First Resources Ltd. | 2145100 | 2481842 |
|  | Food Empire Holdings Ltd. | 1029400 | 1190141 |
|  | Frasers Property Ltd. | 1146900 | 716259 |
|  # | Frencken Group Ltd. | 1501400 | 1166286 |
|  \* | Fu Yu Corp. Ltd. | 2514200 | 191467 |
|  \* | Gallant Venture Ltd. | 2485000 | 144598 |
|  | Genting Singapore Ltd. | 9538500 | 5408967 |
|  # | Geo Energy Resources Ltd. | 3320700 | 904288 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | Golden Agri-Resources Ltd. | 29624669 | $5445668 |
|  | Grand Venture Technology Ltd. | 25000 | 14074 |
|  | GSH Corp. Ltd. | 52560 | 6519 |
|  # | GuocoLand Ltd. | 1148321 | 1239676 |
|  # | Haw Par Corp. Ltd. | 355000 | 3523960 |
|  | Hiap Hoe Ltd. | 128000 | 50295 |
|  | Ho Bee Land Ltd. | 1006200 | 1386388 |
|  # | Hong Fok Corp. Ltd. | 1647888 | 927157 |
|  | Hong Leong Asia Ltd. | 2515600 | 2103664 |
|  | Hong Leong Finance Ltd. | 140300 | 276756 |
|  | Hongkong Land Holdings Ltd. | 1660400 | 8125998 |
|  | Hotel Grand Central Ltd. | 183373 | 97508 |
|  # | Hour Glass Ltd. | 717000 | 862029 |
|  | Hutchison Port Holdings Trust | 20794800 | 3095743 |
|  #\*†† | Hyflux Ltd. | 2064700 | 0 |
|  | iFAST Corp. Ltd. | 315300 | 1501875 |
|  | Indofood Agri Resources Ltd. | 10819700 | 2607207 |
|  | InnoTek Ltd. | 433700 | 130951 |
|  | ISDN Holdings Ltd. | 468878 | 113392 |
|  | Jardine Cycle & Carriage Ltd. | 325297 | 6460956 |
|  \*†† | Jurong Technologies Industrial Corp. Ltd. | 213200 | 0 |
|  # | Kenon Holdings Ltd. | 57414 | 1767821 |
|  | Keppel Infrastructure Trust | 8677857 | 2660191 |
|  | Keppel Ltd. | 1932600 | 9716532 |
|  | Low Keng Huat Singapore Ltd. | 293000 | 67234 |
|  | Mandarin Oriental International Ltd. | 201600 | 363384 |
|  # | Marco Polo Marine Ltd. | 7705400 | 248583 |
|  | Metro Holdings Ltd. | 1879500 | 532461 |
|  | Mewah International, Inc. | 47900 | 8907 |
|  #\*†† | Midas Holdings Ltd. | 4664147 | 0 |
|  # | Nanofilm Technologies International Ltd. | 435700 | 175448 |
|  | Netlink NBN Trust | 4104600 | 2874565 |
|  \* | Oceanus Group Ltd. | 1015400 | 4689 |
|  # | Olam Group Ltd. | 2169575 | 1605989 |
|  | OUE Ltd. | 1147100 | 825555 |
|  | Oversea-Chinese Banking Corp. Ltd. | 2122568 | 26268400 |
|  \* | Oxley Holdings Ltd. | 5872996 | 304302 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | Pan-United Corp. Ltd. | 390200 | $201323 |
|  | Propnex Ltd. | 599800 | 482359 |
|  | PSC Corp. Ltd. | 215900 | 56999 |
|  | Q&M Dental Group Singapore Ltd. | 1415140 | 314362 |
|  | QAF Ltd. | 1141965 | 730333 |
|  | Raffles Medical Group Ltd. | 2416563 | 1870841 |
|  \* | Rex International Holding Ltd. | 1160900 | 105940 |
|  | Riverstone Holdings Ltd. | 1474800 | 1022026 |
|  | Samudera Shipping Line Ltd. | 815900 | 518914 |
|  | SATS Ltd. | 530321 | 1143643 |
|  | SBS Transit Ltd. | 96100 | 218160 |
|  \* | Seatrium Ltd. | 5384591 | 7907540 |
|  | Sembcorp Industries Ltd. | 2002300 | 10127971 |
|  | Sheng Siong Group Ltd. | 2739200 | 3690603 |
|  | SHS Holdings Ltd. | 106300 | 9423 |
|  | SIA Engineering Co. Ltd | 251700 | 431741 |
|  | SIIC Environment Holdings Ltd. (SIIC SP) | 1385480 | 171241 |
|  | Sinarmas Land Ltd. | 4896900 | 1181926 |
|  | Sing Holdings Ltd. | 392300 | 102382 |
|  | Singapore Airlines Ltd. | 3092700 | 15871471 |
|  | Singapore Exchange Ltd. | 1399400 | 15394592 |
|  | Singapore Land Group Ltd. | 560723 | 859943 |
|  # | Singapore Post Ltd. | 5712616 | 2500145 |
|  | Singapore Shipping Corp. Ltd. | 143035 | 27341 |
|  | Singapore Technologies Engineering Ltd. | 2257000 | 12815789 |
|  | Singapore Telecommunications Ltd. | 801350 | 2318461 |
|  | Stamford Land Corp. Ltd. | 2667176 | 718614 |
|  | StarHub Ltd. | 2431810 | 2179737 |
|  | Straits Trading Co. Ltd. | 629718 | 690095 |
|  #\*†† | Swiber Holdings Ltd. | 1301500 | 0 |
|  #\* | Thomson Medical Group Ltd. | 5667600 | 182252 |
|  | Tiong Woon Corp. Holding Ltd. | 160750 | 71557 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | Tuan Sing Holdings Ltd. | 3366318 | $| 644222 |
|  | UMS Integration Ltd. | 2263208 |  | 1871540 |
|  | United Overseas Bank Ltd. | 1510989 |  | 40130109 |
|  | United Overseas Insurance Ltd. | 1900 |  | 11418 |
|  | UOB-Kay Hian Holdings Ltd. | 1402215 |  | 1935674 |
|  | UOL Group Ltd. | 1230488 |  | 5443283 |
|  | Valuetronics Holdings Ltd. | 2514360 |  | 1234318 |
|  | Venture Corp. Ltd. | 521600 |  | 4630251 |
|  | Vicom Ltd. | 9600 |  | 9910 |
|  # | Wee Hur Holdings Ltd. | 917300 |  | 368492 |
|  | Wilmar International Ltd. | 2892700 |  | 6784767 |
|  | Wing Tai Holdings Ltd. | 2080124 |  | 1863099 |
|  | Yangzijiang Shipbuilding Holdings Ltd. | 5368400 |  | 9195871 |
|  | Yeo Hiap Seng Ltd. | 64554 |  | 27683 |
|  TOTAL SINGAPORE | TOTAL SINGAPORE | TOTAL SINGAPORE |  | 348895133 |
|  SPAIN — (2.6%) | SPAIN — (2.6%) | SPAIN — (2.6%) | SPAIN — (2.6%) | SPAIN — (2.6%) |
|  | Acciona SA | 88160 |  | 12846968 |
|  | Acerinox SA | 738861 |  | 8350082 |
|  | ACS Actividades de Construccion y Servicios SA | 776090 |  | 48625783 |
|  \*†† | Adveo Group International SA | 60568 |  | 0 |
|  W | Aedas Homes SA | 36395 |  | 1174580 |
|  W | Aena SME SA | 89799 |  | 22558937 |
|  | Alantra Partners SA | 3093 |  | 30703 |
|  | Almirall SA | 238321 |  | 2644350 |
|  | Amadeus IT Group SA | 603233 |  | 47482279 |
|  \* | Amper SA | 1495840 |  | 246023 |
|  | Atresmedia Corp. de Medios de Comunicacion SA | 350939 |  | 2215444 |
|  | Audax Renovables SA | 75792 |  | 130197 |
|  | Azkoyen SA | 55415 |  | 479127 |
|  | Banco Bilbao Vizcaya Argentaria SA (BBVA SM) | 6497154 |  | 89167199 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) |
|  | Banco Bilbao Vizcaya Argentaria SA (BBVA US), Sponsored ADR | 1966312 | $26938474 |
|  | Banco de Sabadell SA | 20339535 | 59346358 |
|  # | Banco Santander SA (SAN SM) | 11550342 | 81324350 |
|  # | Banco Santander SA (SAN US), Sponsored ADR | 93721 | 656047 |
|  # | Bankinter SA | 3101692 | 36131413 |
|  # | CaixaBank SA | 6774643 | 51922259 |
|  W | Cellnex Telecom SA | 343195 | 13888878 |
|  # | CIE Automotive SA | 228491 | 6040320 |
|  | Construcciones y Auxiliar de Ferrocarriles SA | 85510 | 4179554 |
|  # | Corp. ACCIONA Energias Renovables SA | 92358 | 1726468 |
|  \* | Distribuidora Internacional de Alimentacion SA | 35347 | 913251 |
|  # | Ebro Foods SA | 177872 | 3474253 |
|  # | EDP Renovaveis SA | 608278 | 5696374 |
|  \* | eDreams ODIGEO SA | 102679 | 858871 |
|  # | Elecnor SA | 103773 | 2224735 |
|  | Enagas SA | 656435 | 10235034 |
|  # | Ence Energia y Celulosa SA | 475928 | 1534793 |
|  | Endesa SA | 621334 | 18660261 |
|  | Ercros SA | 552483 | 1869980 |
|  | Faes Farma SA | 1086181 | 5274090 |
|  | Fluidra SA | 150763 | 3490402 |
|  #W | Gestamp Automocion SA | 756968 | 2261179 |
|  #W | Global Dominion Access SA | 378355 | 1249597 |
|  \* | Grifols SA | 148821 | 1409130 |
|  | Grupo Catalana Occidente SA | 140839 | 7843706 |
|  | Grupo Empresarial San Jose SA | 73112 | 479800 |
|  | Iberdrola SA | 2149726 | 38750649 |
|  | Iberpapel Gestion SA (IBG SM) | 7706 | 177877 |
|  # | Indra Sistemas SA | 583697 | 18610534 |
|  # | Industria de Diseno Textil SA | 873477 | 46971210 |
|  | International Consolidated Airlines Group SA | 937841 | 3258497 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) |
|  | Laboratorios Farmaceuticos Rovi SA | 108111 | $6337998 |
|  # | Linea Directa Aseguradora SA Cia de Seguros y Reaseguros | 666372 | 967958 |
|  | Logista Integral SA | 315807 | 10796905 |
|  | Mapfre SA | 3959364 | 14095335 |
|  | Melia Hotels International SA | 359462 | 2609415 |
|  | Miquel y Costas & Miquel SA | 136441 | 2085558 |
|  # | Naturgy Energy Group SA | 191332 | 5700172 |
|  #W | Neinor Homes SA | 79415 | 1382415 |
|  #\* | Obrascon Huarte Lain SA | 2003661 | 703782 |
|  #\* | Oryzon Genomics SA | 17553 | 52579 |
|  | Pharma Mar SA | 11766 | 996743 |
|  | Prim SA | 7030 | 81501 |
|  #\* | Promotora de Informaciones SA, Class A | 739421 | 332589 |
|  W | Prosegur Cash SA | 530415 | 461506 |
|  | Realia Business SA | 722094 | 737260 |
|  | Redeia Corp. SA | 769817 | 16143284 |
|  | Repsol SA (REP SM) | 3125645 | 38206842 |
|  | Repsol SA (REPYY US), Sponsored ADR | 74826 | 895661 |
|  | Sacyr SA | 1721676 | 6315340 |
|  #\* | Solaria Energia y Medio Ambiente SA | 217213 | 1637249 |
|  #\*†† | Soltec Power Holdings SA | 5663 | 7692 |
|  #\*W | Talgo SA | 183992 | 666900 |
|  \* | Tecnicas Reunidas SA | 75710 | 1270651 |
|  # | Telefonica SA (TEF SM) | 10842264 | 55699340 |
|  | Telefonica SA (TEF US), Sponsored ADR | 70329 | 359381 |
|  # | Tubacex SA | 456505 | 1882639 |
|  \* | Tubos Reunidos SA | 28836 | 18873 |
|  #W | Unicaja Banco SA | 3920205 | 7472108 |
|  | Vidrala SA | 76793 | 8370282 |
|  | Viscofan SA | 178754 | 12895572 |
|  | Vocento SA | 126195 | 99600 |
|  TOTAL SPAIN | TOTAL SPAIN | TOTAL SPAIN | 892633146 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (2.7%) | SWEDEN — (2.7%) | SWEDEN — (2.7%) | SWEDEN — (2.7%) |
|  | AAK AB | 178677 | $4672735 |
|  W | AcadeMedia AB | 379838 | 3125566 |
|  # | AddLife AB, Class B | 302173 | 5734354 |
|  # | Addnode Group AB | 323648 | 2786343 |
|  | AddTech AB, Class B | 358034 | 12045136 |
|  | AFRY AB | 318480 | 5517483 |
|  | Alfa Laval AB | 196506 | 8150249 |
|  W | Alimak Group AB | 154649 | 1957320 |
|  # | Alleima AB | 500742 | 3937001 |
|  # | Alligo AB, Class B | 110109 | 1257233 |
|  W | Ambea AB | 385415 | 4656023 |
|  \* | Annehem Fastigheter AB, Class B | 332016 | 542427 |
|  | AQ Group AB | 156164 | 2512912 |
|  | Arise AB | 110741 | 395398 |
|  | Arjo AB, Class B | 880624 | 2950138 |
|  \* | Asmodee Group AB, Class B | 126276 | 1391381 |
|  | Assa Abloy AB, Class B | 349304 | 10602765 |
|  # | Atlas Copco AB (ATCOA SS), Class A | 2042559 | 31616151 |
|  | Atlas Copco AB (ATCOB SS), Class B | 1164748 | 16173365 |
|  # | Atrium Ljungberg AB, Class B | 577670 | 2045485 |
|  W | Attendo AB | 491899 | 3348564 |
|  # | Avanza Bank Holding AB | 331218 | 11006428 |
|  # | Axfood AB | 223360 | 6244332 |
|  \* | Balco Group AB | 13631 | 33824 |
|  | Beijer Alma AB | 148925 | 3097913 |
|  # | Beijer Ref AB | 210000 | 3203203 |
|  | Bergman & Beving AB | 131120 | 3980822 |
|  | Betsson AB, Class B | 689732 | 12062767 |
|  \* | BHG Group AB | 244808 | 584983 |
|  | Bilia AB, Class A | 368992 | 4618074 |
|  | Billerud Aktiebolag | 737728 | 7784530 |
|  | BioGaia AB, Class B | 203523 | 2166557 |
|  | Biotage AB | 89927 | 1309076 |
|  | Bjorn Borg AB | 94604 | 558039 |
|  \* | Boliden AB | 530095 | 16242128 |
|  \* | Bonava AB, Class B | 1055063 | 1404960 |
|  \*W | Boozt AB | 31308 | 272971 |
|  W | Bravida Holding AB | 311457 | 2967815 |
|  | BTS Group AB, Class B | 400 | 9607 |
|  | Bufab AB | 113599 | 4695382 |
|  # | Bulten AB | 78358 | 478555 |
|  | Bure Equity AB | 287877 | 9699396 |
|  | Byggmax Group AB | 271745 | 1342033 |
|  \* | Camurus AB | 48682 | 3128640 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  \* | Carasent AB | 2705 | $6915 |
|  #\* | Castellum AB | 361326 | 4397413 |
|  | Catella AB | 125475 | 384071 |
|  | Catena AB | 83708 | 3940665 |
|  | Cellavision AB | 31183 | 650091 |
|  | Cibus Nordic Real Estate AB publ | 59028 | 1021611 |
|  \* | Cint Group AB | 447608 | 337701 |
|  | Clas Ohlson AB, Class B | 233515 | 6615027 |
|  | Cloetta AB, Class B | 1072098 | 3118949 |
|  #W | Coor Service Management Holding AB | 260518 | 1049316 |
|  # | Corem Property Group AB (COREB SS), Class B | 1741048 | 880424 |
|  | Corem Property Group AB (CORED SS), Class D | 6348 | 136803 |
|  | CTT Systems AB | 8413 | 177613 |
|  | Dios Fastigheter AB | 292589 | 2031811 |
|  W | Dometic Group AB | 916537 | 3304339 |
|  #\*W | Dustin Group AB | 1029474 | 364588 |
|  \* | Dynavox Group AB | 38482 | 348435 |
|  | Eastnine AB | 379021 | 1760822 |
|  # | Elanders AB, Class B | 26505 | 147555 |
|  \* | Electrolux AB, Class B | 45521 | 284185 |
|  # | Electrolux Professional AB, Class B | 675670 | 3914890 |
|  | Elekta AB, Class B | 789513 | 4020296 |
|  \* | Eltel AB | 80003 | 65311 |
|  #\* | Embracer Group AB | 126276 | 1593573 |
|  \* | Enea AB | 70527 | 482489 |
|  | Engcon AB | 37594 | 360182 |
|  | Eolus Vind AB, Class B | 5761 | 27769 |
|  | Ependion AB | 18004 | 215276 |
|  # | Epiroc AB (EPIA SS), Class A | 489587 | 10592072 |
|  | Epiroc AB (EPIB SS), Class B | 292831 | 5742872 |
|  | EQT AB | 459 | 13264 |
|  | Essity AB (ESSITYA SS), Class A | 25484 | 732311 |
|  | Essity AB (ESSITYB SS), Class B | 400503 | 11582161 |
|  #W | Evolution AB | 114319 | 7919403 |
|  | Ework Group AB | 35343 | 533209 |
|  # | Fabege AB | 311394 | 2660175 |
|  # | Fagerhult Group AB | 182369 | 788179 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  \* | Fastighets AB Balder, Class B | 678942 | $4880532 |
|  \* | Fastighets AB Trianon**.** | 18381 | 36831 |
|  \* | Fastighetsbolaget Emilshus AB, Class B | 9174 | 43416 |
|  | FastPartner AB (FPARA SS), Class A | 71498 | 420111 |
|  \* | Ferronordic AB | 4364 | 21163 |
|  | Fortnox AB | 929117 | 8413087 |
|  | G5 Entertainment AB | 17553 | 236743 |
|  # | Getinge AB, Class B | 288036 | 5566873 |
|  | Granges AB | 538929 | 6731566 |
|  \*W | Green Landscaping Group AB | 9902 | 61519 |
|  # | H &MHennes& Mauritz AB, Class B | 551754 | 7995234 |
|  | Hanza AB | 97222 | 720217 |
|  | Heba Fastighets AB, Class B | 104151 | 314613 |
|  | Hemnet Group AB | 240499 | 8255300 |
|  | Hexagon AB, Class B | 814118 | 7923454 |
|  #\* | Hexatronic Group AB | 448144 | 1185862 |
|  # | Hexpol AB | 711767 | 6189145 |
|  #\* | HMS Networks AB | 100558 | 4507421 |
|  \*W | Hoist Finance AB | 252896 | 2270329 |
|  | Holmen AB (HOLMB SS), Class B | 141050 | 5576976 |
|  | Hufvudstaden AB, Class A | 156396 | 1904258 |
|  \* | Humana AB | 102770 | 434544 |
|  | Husqvarna AB (HUSQA SS), Class A | 64995 | 302181 |
|  # | Husqvarna AB (HUSQB SS), Class B | 834732 | 3882551 |
|  | Indutrade AB | 370294 | 10017800 |
|  # | Instalco AB | 754498 | 2091864 |
|  | INVISIO AB | 41881 | 1683220 |
|  | Inwido AB | 380663 | 8067276 |
|  | ITAB Shop Concept AB | 40046 | 105339 |
|  | JM AB | 271307 | 4328356 |
|  \* | John Mattson Fastighetsforetagen AB | 37329 | 237015 |
|  | Kabe Group AB, Class B | 1643 | 42350 |
|  #\* | Karnov Group AB | 155881 | 1463116 |
|  #\* | K-fast Holding AB | 143336 | 185972 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  \* | Klarabo Sverige AB, Class B | 26335 | $44169 |
|  # | KNOW IT AB | 127060 | 1898489 |
|  | Lagercrantz Group AB, Class B | 631476 | 14388686 |
|  # | Lifco AB, Class B | 132131 | 5115418 |
|  # | Lime Technologies AB | 21768 | 878700 |
|  | Lindab International AB | 315548 | 6634293 |
|  # | Loomis AB | 367201 | 15283429 |
|  \* | Medcap AB | 23770 | 1072258 |
|  # | Medicover AB, Class B | 168744 | 4210874 |
|  | MEKO AB | 192590 | 2528760 |
|  # | Micro Systemation AB, Class B | 45756 | 233935 |
|  \* | Modern Times Group MTG AB, Class B | 387383 | 4641301 |
|  | Momentum Group AB | 124278 | 2052051 |
|  #W | Munters Group AB | 264149 | 3380659 |
|  | Mycronic AB | 183704 | 7335483 |
|  # | NCAB Group AB | 581108 | 2560881 |
|  | NCC AB, Class B | 413256 | 7693772 |
|  | Nederman Holding AB | 21329 | 372171 |
|  \* | Net Insight AB, Class B | 808180 | 244689 |
|  # | New Wave Group AB, Class B | 471376 | 5768153 |
|  # | Nibe Industrier AB, Class B | 445753 | 1900869 |
|  | Nilorngruppen AB, Class B | 9012 | 55290 |
|  \* | Nivika Fastigheter AB, Class B | 12968 | 53755 |
|  #\* | Nobia AB | 2474776 | 854071 |
|  | Nolato AB, Class B | 813243 | 4569201 |
|  # | Nordnet AB publ | 273288 | 7234538 |
|  \* | Norion Bank AB | 260502 | 1060463 |
|  \* | Norva24 Group AB | 37350 | 139912 |
|  # | Note AB | 11284 | 187726 |
|  # | NP3 Fastigheter AB | 75267 | 1961286 |
|  \* | Nyfosa AB | 472982 | 4439850 |
|  | OEM International AB, Class B | 236638 | 3386853 |
|  #\* | Orron Energy AB | 483124 | 241045 |
|  \* | Ovzon AB | 79344 | 206068 |
|  | Pandox AB | 311171 | 5210186 |
|  | Peab AB, Class B | 849010 | 7062131 |
|  | Platzer Fastigheter Holding AB, Class B | 85181 | 669419 |
|  | Prevas AB, Class B | 24929 | 251886 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  \* | Pricer AB, Class B | 611644 | $371732 |
|  # | Proact IT Group AB | 140884 | 1685331 |
|  | Ratos AB, Class B | 1009153 | 3444032 |
|  | RaySearch Laboratories AB | 131837 | 3569777 |
|  | Rejlers AB | 9832 | 182492 |
|  \* | Rottneros AB | 382732 | 237981 |
|  | Rvrc Holding AB | 162838 | 844950 |
|  | Saab AB, Class B | 64958 | 3024737 |
|  | Sagax AB (SAGAA SS), Class A | 758 | 17122 |
|  # | Sagax AB (SAGAB SS), Class B | 164479 | 3738490 |
|  # | Sandvik AB | 916907 | 18929020 |
|  | Scandi Standard AB | 250374 | 2281256 |
|  W | Scandic Hotels Group AB | 724329 | 5637627 |
|  \* | Sdiptech AB, Class B | 76173 | 1705929 |
|  | Sectra AB, Class B | 303136 | 9300423 |
|  # | Securitas AB, Class B | 846191 | 13409376 |
|  \* | Sedana Medical AB | 108158 | 114119 |
|  \* | Sensys Gatso Group AB | 35488 | 156306 |
|  \*W | Sinch AB | 2497509 | 5806137 |
|  | SinterCast AB | 725 | 7839 |
|  \* | Sivers Semiconductors AB | 444477 | 165899 |
|  | Skandinaviska Enskilda Banken AB (SEBA SS), Class A | 1517986 | 24086901 |
|  | Skandinaviska Enskilda Banken AB (SEBC SS), Class C | 14509 | 245523 |
|  # | Skanska AB, Class B | 581598 | 13514377 |
|  # | SKF AB (SKFA SS), Class A | 44341 | 879846 |
|  | SKF AB (SKFB SS), Class B | 557621 | 10930140 |
|  | SkiStar AB | 206381 | 3574339 |
|  | Softronic AB, Class B | 33747 | 74040 |
|  | Solid Forsakring AB | 56354 | 450063 |
|  # | SSAB AB (SSABA SS), Class A | 232754 | 1470733 |
|  | SSAB AB (SSABAH FH), Class A | 89315 | 558437 |
|  # | SSAB AB (SSABB SS), Class B | 631043 | 3922495 |
|  | SSAB AB (SSABBH FH), Class B | 505629 | 3143698 |
|  \* | Stendorren Fastigheter AB | 21280 | 453921 |
|  #\* | Stillfront Group AB | 1722497 | 883117 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | Storskogen Group AB, Class B | 1708439 | $2250912 |
|  # | Svenska Cellulosa AB SCA (SCAA SS), Class A | 36564 | 470716 |
|  | Svenska Cellulosa AB SCA (SCAB SS), Class B | 762362 | 9857760 |
|  | Svenska Handelsbanken AB (SHBA SS), Class A | 1037400 | 13579369 |
|  # | Svenska Handelsbanken AB (SHBB SS), Class B | 28441 | 558965 |
|  | Sweco AB, Class B | 426371 | 7500695 |
|  | Swedbank AB, Class A | 692195 | 17279850 |
|  \* | Swedish Orphan Biovitrum AB | 148707 | 4522880 |
|  | Synsam AB | 107344 | 546179 |
|  | Systemair AB | 226796 | 1942186 |
|  | Tele2 AB, Class B | 1097324 | 16189949 |
|  # | Telefonaktiebolaget LM Ericsson (ERICA SS), Class A | 72339 | 605859 |
|  | Telefonaktiebolaget LM Ericsson (ERICB SS), Class B | 4648075 | 39264054 |
|  | Telia Co. AB | 5401056 | 20288902 |
|  \* | TF Bank AB | 20190 | 742835 |
|  W | Thule Group AB | 139985 | 3190806 |
|  | Trelleborg AB, Class B | 288337 | 9942341 |
|  | Troax Group AB | 128821 | 1785316 |
|  | Truecaller AB, Class B | 667049 | 5019851 |
|  | VBG Group AB, Class B | 45459 | 1272551 |
|  #\* | Viaplay Group AB | 170328 | 9792 |
|  | Vitec Software Group AB, Class B | 79319 | 3624163 |
|  | Vitrolife AB | 169356 | 2756461 |
|  | Volati AB | 52232 | 643367 |
|  | Volvo AB (VOLVA SS), Class A | 313529 | 8551960 |
|  | Volvo AB (VOLVB SS), Class B | 2175844 | 59147103 |
|  #\* | Volvo Car AB, Class B | 1223400 | 2086788 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  # | Wallenstam AB, Class B | 551705 | $| 2727823 |
|  # | Wihlborgs Fastigheter AB | 637411 |  | 6611460 |
|  | XANO Industri AB, Class B | 19406 |  | 86176 |
|  TOTAL SWEDEN | TOTAL SWEDEN | TOTAL SWEDEN |  | 918306058 |
|  SWITZERLAND — (7.8%) | SWITZERLAND — (7.8%) | SWITZERLAND — (7.8%) | SWITZERLAND — (7.8%) | SWITZERLAND — (7.8%) |
|  | ABB Ltd. | 1210044 |  | 63903325 |
|  | Accelleron Industries AG (ACLN SW) | 362880 |  | 19480987 |
|  # | Adecco Group AG | 502380 |  | 13075043 |
|  # | Alcon AG | 742255 |  | 72267171 |
|  | Allreal Holding AG | 86380 |  | 19032970 |
|  | ALSO Holding AG | 30812 |  | 9410152 |
|  | APG SGA SA | 4201 |  | 1133449 |
|  | Arbonia AG | 250748 |  | 1902845 |
|  \* | Aryzta AG | 4373272 |  | 10968872 |
|  | Ascom Holding AG | 131181 |  | 514499 |
|  | Autoneum Holding AG | 14565 |  | 2182871 |
|  | Avolta AG | 271594 |  | 12375930 |
|  | Baloise Holding AG | 199991 |  | 44492493 |
|  | Banque Cantonale de Geneve | 4912 |  | 1471838 |
|  # | Banque Cantonale Vaudoise | 148708 |  | 18302627 |
|  # | Barry Callebaut AG | 5933 |  | 5319020 |
|  | Belimo Holding AG | 16687 |  | 14178300 |
|  | Bell Food Group AG | 10288 |  | 3310044 |
|  | Bellevue Group AG | 35881 |  | 373366 |
|  | Berner Kantonalbank AG | 13673 |  | 4205245 |
|  | BKW AG | 51778 |  | 10380832 |
|  # | Bossard Holding AG, Class A | 34927 |  | 7616525 |
|  | Bucher Industries AG | 37549 |  | 16218316 |
|  | Burckhardt Compression Holding AG | 11872 |  | 8071661 |
|  | Burkhalter Holding AG | 20144 |  | 2996662 |
|  # | Bystronic AG | 5944 |  | 1814587 |
|  # | Calida Holding AG | 1925 |  | 37064 |
|  | Carlo Gavazzi Holding AG | 1409 |  | 332059 |
|  \* | Cavotec SA | 3925 |  | 6180 |
|  | Cembra Money Bank AG | 141182 |  | 17041902 |
|  # | Cham Swiss Properties AG | 16758 |  | 448775 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Chocoladefabriken Lindt & Spruengli AG | 98 | $13880967 |
|  \* | Cicor Technologies Ltd. | 9793 | 1320581 |
|  | Cie Financiere Richemont SA, Class A | 366231 | 64714922 |
|  | Cie Financiere Tradition SA | 5544 | 1466090 |
|  # | Clariant AG | 1049031 | 11741831 |
|  | Coca-Cola HBC AG | 235914 | 12284919 |
|  # | Coltene Holding AG | 11040 | 837490 |
|  | CPH Group AG | 211 | 16932 |
|  | Daetwyler Holding AG | 25104 | 3624782 |
|  | DKSH Holding AG | 158783 | 11697448 |
|  #\* | DocMorris AG | 2969 | 83702 |
|  | dormakaba Holding AG | 13958 | 11774369 |
|  | DSM-Firmenich AG | 186419 | 20251284 |
|  # | EDAG Engineering Group AG | 20949 | 156244 |
|  | EFG International AG | 562030 | 8502571 |
|  | Emmi AG | 9210 | 9059564 |
|  # | EMS-Chemie Holding AG | 4284 | 3158598 |
|  #\* | Feintool International Holding AG | 28283 | 380821 |
|  | Fenix Outdoor International AG | 9035 | 569768 |
|  | Flughafen Zurich AG | 106450 | 26823552 |
|  | Forbo Holding AG | 4291 | 4117009 |
|  | Fundamenta Real Estate AG | 4346 | 89725 |
|  W | Galenica AG | 236556 | 24777499 |
|  \* | GAM Holding AG | 565368 | 71672 |
|  | Geberit AG | 72553 | 50258935 |
|  # | Georg Fischer AG | 374190 | 27055696 |
|  | Givaudan SA | 4713 | 22737206 |
|  #\* | Gurit Holding AG, Class BR | 15169 | 238808 |
|  | Helvetia Holding AG | 205277 | 45283597 |
|  | Hiag Immobilien Holding AG | 6354 | 770068 |
|  | Holcim AG (HOLN FP) | 170271 | 18897226 |
|  | Holcim AG (HOLN SW) | 628649 | 70250199 |
|  | Huber & Suhner AG | 84965 | 7476329 |
|  | Implenia AG | 51747 | 2926678 |
|  | Inficon Holding AG | 79750 | 8462099 |
|  | Interroll Holding AG | 2119 | 4650413 |
|  | Intershop Holding AG | 18712 | 3070187 |
|  | Investis Holding SA | 6553 | 965073 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Julius Baer Group Ltd. | 481122 | $31199819 |
|  | Jungfraubahn Holding AG | 11063 | 2660880 |
|  | Kardex Holding AG | 21021 | 5295679 |
|  \* | Komax Holding AG | 17290 | 2151072 |
|  #\* | Kudelski SA | 172373 | 251422 |
|  | Kuehne & Nagel International AG | 76515 | 17621176 |
|  | Landis & Gyr Group AG | 103355 | 6647491 |
|  | LEM Holding SA | 2269 | 1893434 |
|  # | Logitech International SA (LOGI US) | 46827 | 3530288 |
|  | Logitech International SA (LOGN SW) | 123141 | 9357494 |
|  | Lonza Group AG | 75578 | 54303488 |
|  | Luzerner Kantonalbank AG | 55160 | 4663057 |
|  W | Medacta Group SA | 15344 | 2490926 |
|  W | Medmix AG | 89242 | 1116611 |
|  # | Meier Tobler Group AG | 19650 | 826296 |
|  | Metall Zug AG, Class B | 940 | 1171641 |
|  | Mikron Holding AG | 51620 | 1002268 |
|  # | Mobilezone Holding AG | 167487 | 2302367 |
|  | Mobimo Holding AG | 43511 | 16805754 |
|  \*W | Montana Aerospace AG | 1046 | 20889 |
|  | Naturenergie Holding AG | 17137 | 672474 |
|  | Nestle SA | 2330257 | 248026459 |
|  | Novartis AG (NOVN SW) | 119002 | 13573036 |
|  # | Novartis AG (NVS US), Sponsored ADR | 2448400 | 277868916 |
|  # | Novavest Real Estate AG | 1797 | 81403 |
|  | OC Oerlikon Corp. AG Pfaffikon | 923952 | 3919537 |
|  # | Orell Fuessli AG | 613 | 72761 |
|  # | Orior AG | 25850 | 585342 |
|  | Partners Group Holding AG | 42682 | 55925002 |
|  #\* | Peach Property Group AG | 2196 | 16701 |
|  | Phoenix Mecano AG | 1820 | 937300 |
|  | Plazza AG, Class A | 2787 | 1207827 |
|  | PSP Swiss Property AG | 143815 | 25609213 |
|  # | Rieter Holding AG | 12545 | 1068725 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Roche Holding AG (RO SW) | 29069 | $10112426 |
|  | Roche Holding AG (ROG SW) | 607318 | 198584698 |
|  | Romande Energie Holding SA | 15476 | 804144 |
|  | Sandoz Group AG (SDZ SW) | 693330 | 30072944 |
|  | Sandoz Group AG (SDZNY US), ADR | 324425 | 14073565 |
|  \* | Santhera Pharmaceuticals Holding AG | 6025 | 106151 |
|  | Schindler Holding AG | 30832 | 10931299 |
|  | Schweiter Technologies AG | 4281 | 1972629 |
|  #\*W | Sensirion Holding AG | 3124 | 242077 |
|  | SFS Group AG | 83309 | 11261347 |
|  | SGS SA | 338990 | 33106162 |
|  | Siegfried Holding AG | 219180 | 26094815 |
|  # | SIG Group AG | 1046934 | 20195305 |
|  | Sika AG | 95254 | 23804694 |
|  | SKAN Group AG | 11678 | 956996 |
|  | Softwareone Holding AG | 252517 | 1747972 |
|  | Sonova Holding AG | 58750 | 18060569 |
|  | St. Galler Kantonalbank AG | 11578 | 6974706 |
|  # | Stadler Rail AG | 96927 | 2556643 |
|  # | StarragTornos Group AG | 2262 | 97473 |
|  | Straumann Holding AG | 67656 | 8249756 |
|  | Sulzer AG | 108989 | 18447498 |
|  # | Swatch Group AG (UHR SW) | 61152 | 10612452 |
|  # | Swatch Group AG (UHRN SW) | 120865 | 4200664 |
|  | Swiss Life Holding AG | 51237 | 51158087 |
|  | Swiss Prime Site AG | 374950 | 52870206 |
|  | Swiss Re AG | 526787 | 94560484 |
|  # | Swisscom AG | 56873 | 37927641 |
|  | Swissquote Group Holding SA | 55101 | 28442962 |
|  | Tecan Group AG | 986 | 192032 |
|  | Temenos AG | 177241 | 12695838 |
|  | Thurgauer Kantonalbank | 1440 | 253011 |
|  | TX Group AG | 11468 | 2579931 |
|  | u-blox Holding AG | 33921 | 3438145 |
|  # | UBS Group AG (UBS US) | 757484 | 22898757 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | UBS Group AG (UBSG SW) | 1737119 | $| 52730888 |
|  | Valiant Holding AG | 84566 |  | 12454707 |
|  # | Varia U.S. Properties AG | 3801 |  | 94483 |
|  W | VAT Group AG | 23753 |  | 8574597 |
|  | Vaudoise Assurances Holding SA | 4301 |  | 3137965 |
|  | Vetropack Holding AG | 40832 |  | 1410366 |
|  | Vontobel Holding AG | 153475 |  | 11090652 |
|  | VZ Holding AG | 43161 |  | 8906119 |
|  | V-ZUG Holding AG | 6544 |  | 551065 |
|  | Walliser Kantonalbank | 3138 |  | 471201 |
|  # | Warteck Invest AG | 347 |  | 810803 |
|  | Ypsomed Holding AG | 9812 |  | 4180581 |
|  | Zehnder Group AG | 47747 |  | 3178380 |
|  | Zug Estates Holding AG, Class B | 466 |  | 1197702 |
|  | Zuger Kantonalbank | 230 |  | 2366553 |
|  | Zurich Insurance Group AG | 107485 |  | 76235945 |
|  TOTAL SWITZERLAND | TOTAL SWITZERLAND | TOTAL SWITZERLAND |  | 2619863298 |
|  UNITED KINGDOM — (11.5%) | UNITED KINGDOM — (11.5%) | UNITED KINGDOM — (11.5%) | UNITED KINGDOM — (11.5%) | UNITED KINGDOM — (11.5%) |
|  | 3i Group PLC | 1039434 |  | 58926574 |
|  | 4imprint Group PLC | 103434 |  | 4737663 |
|  | Aberdeen Group PLC | 4749911 |  | 9381106 |
|  \* | Accesso Technology Group PLC | 9570 |  | 60789 |
|  \* | Accsys Technologies PLC | 6992 |  | 4122 |
|  | Admiral Group PLC | 482358 |  | 20978938 |
|  | Advanced Medical Solutions Group PLC | 138403 |  | 356607 |
|  | AG Barr PLC | 294964 |  | 2729380 |
|  W | Airtel Africa PLC | 3878871 |  | 8876777 |
|  | AJ Bell PLC | 1051101 |  | 5982071 |
|  W | Alfa Financial Software Holdings PLC | 416528 |  | 1238379 |
|  | Allfunds Group PLC | 402887 |  | 2274469 |
|  #\* | Alliance Pharma PLC | 1698769 |  | 1464631 |
|  | Anglo American PLC | 1329008 |  | 36279769 |
|  | Anglo-Eastern Plantations PLC | 36389 |  | 369808 |
|  # | Anglogold Ashanti PLC (AU US) | 411065 |  | 17330500 |
|  | Antofagasta PLC | 262634 |  | 5763642 |
|  \* | AO World PLC | 315863 |  | 414606 |
|  | Ashmore Group PLC | 1398879 |  | 2703257 |
|  | Ashtead Group PLC | 726910 |  | 38913246 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Ashtead Technology Holdings PLC | 23057 | $153760 |
|  #\* | ASOS PLC | 121670 | 467272 |
|  | Associated British Foods PLC | 484861 | 13365265 |
|  #\*W | Aston Martin Lagonda Global Holdings PLC | 190346 | 171583 |
|  | AstraZeneca PLC (AZN LN) | 241813 | 34643775 |
|  | AstraZeneca PLC (AZN US), Sponsored ADR | 1637723 | 117572134 |
|  | Atalaya Mining Copper SA | 72722 | 354625 |
|  \* | Auction Technology Group PLC | 40032 | 311741 |
|  W | Auto Trader Group PLC | 1622181 | 18224969 |
|  | Aviva PLC | 3287259 | 24629462 |
|  | Avon Technologies PLC | 83263 | 1513494 |
|  | Babcock International Group PLC | 2519972 | 27147117 |
|  | BAE Systems PLC | 893626 | 20716607 |
|  W | Bakkavor Group PLC | 792402 | 1820392 |
|  | Balfour Beatty PLC | 2021799 | 12366079 |
|  | Barclays PLC (BARC LN) | 8137027 | 32414995 |
|  | Barclays PLC (BCS US), Sponsored ADR | 896402 | 14396216 |
|  | Barratt Redrow PLC | 5074457 | 31635126 |
|  | Beazley PLC | 2551786 | 30235265 |
|  | Begbies Traynor Group PLC | 60562 | 73959 |
|  | Bellway PLC | 540371 | 19400255 |
|  | Berkeley Group Holdings PLC | 256343 | 14289400 |
|  | Bloomsbury Publishing PLC | 268751 | 2138464 |
|  | Bodycote PLC | 857503 | 5453575 |
|  #\* | boohoo Group PLC | 1788396 | 516175 |
|  | BP PLC (BP LN) | 10974429 | 50673229 |
|  | BP PLC (BP US), Sponsored ADR | 2852967 | 78342474 |
|  | Braemar PLC | 71897 | 216919 |
|  | Breedon Group PLC | 446493 | 2568776 |
|  W | Bridgepoint Group PLC | 68260 | 244700 |
|  | British American Tobacco PLC (BATS LN) | 1241472 | 54076466 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  # | British American Tobacco PLC (BTI US), Sponsored ADR | 47984 | $2089703 |
|  # | Brooks Macdonald Group PLC | 4885 | 95383 |
|  | BT Group PLC | 24178337 | 56116848 |
|  | Bunzl PLC | 234872 | 7380738 |
|  | Burberry Group PLC | 325920 | 3174062 |
|  | Burford Capital Ltd. | 630524 | 8629360 |
|  | Bytes Technology Group PLC (BYIT LN) | 942205 | 6407130 |
|  #\* | Capita PLC | 62462 | 153197 |
|  | Capital Ltd. | 157962 | 142026 |
|  | Capricorn Energy PLC | 530467 | 1755935 |
|  | Card Factory PLC | 1551832 | 1966760 |
|  \* | Carnival PLC (CCL LN) | 47585 | 798715 |
|  \* | Carnival PLC (CUK US), ADR | 701 | 11651 |
|  | Carr's Group PLC | 71804 | 122217 |
|  | Castings PLC | 62771 | 214499 |
|  | Centaur Media PLC | 126418 | 41217 |
|  | Central Asia Metals PLC | 587512 | 1205516 |
|  | Centrica PLC | 17440200 | 37340021 |
|  | Chemring Group PLC | 807172 | 4311389 |
|  | Chesnara PLC | 547357 | 1878893 |
|  | Clarkson PLC | 86620 | 3807249 |
|  \* | Close Brothers Group PLC | 799371 | 3476225 |
|  W | CMC Markets PLC | 479654 | 1557208 |
|  | Coats Group PLC | 3107113 | 3009008 |
|  | Coca-Cola Europacific Partners PLC | 270395 | 24360753 |
|  | Cohort PLC | 4387 | 80771 |
|  | Compass Group PLC | 1127082 | 37999364 |
|  | Computacenter PLC | 316441 | 10234852 |
|  | Conduit Holdings Ltd. | 24435 | 112476 |
|  W | ConvaTec Group PLC | 2508798 | 8722235 |
|  | Costain Group PLC | 831867 | 1218443 |
|  | Cranswick PLC | 172790 | 11958940 |
|  | Crest Nicholson Holdings PLC | 1230629 | 2964032 |
|  | Croda International PLC | 43840 | 1730519 |
|  \* | Currys PLC | 8430378 | 12494150 |
|  | CVS Group PLC | 197459 | 2837823 |
|  \* | De La Rue PLC | 482892 | 833036 |
|  \* | DFS Furniture PLC | 633331 | 1233859 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Diageo PLC (DEO US), Sponsored ADR | 198216 | $22204156 |
|  | Diageo PLC (DGE LN) | 369044 | 10362899 |
|  #\* | Dialight PLC | 31395 | 44728 |
|  | Diploma PLC | 150850 | 8004334 |
|  | Direct Line Insurance Group PLC | 4769821 | 18015615 |
|  | DiscoverIE Group PLC | 188017 | 1424929 |
|  # | Diversified Energy Co. PLC (DEC LN) | 36210 | 456144 |
|  | Domino's Pizza Group PLC | 1229296 | 4421962 |
|  | dotdigital group PLC | 463136 | 512328 |
|  | Dowlais Group PLC | 3540183 | 2746562 |
|  | Dr. Martens PLC | 423733 | 312305 |
|  | Drax Group PLC | 1827637 | 15076091 |
|  | Dunelm Group PLC | 559440 | 8215488 |
|  †† | Dyson Group PLC | 3999 | 117 |
|  | easyJet PLC | 866636 | 5745838 |
|  | Ecora Resources PLC | 1342836 | 978751 |
|  \* | EKF Diagnostics Holdings PLC | 38270 | 10984 |
|  | Elementis PLC | 1888367 | 3174014 |
|  # | Endeavour Mining PLC | 677159 | 18346072 |
|  # | Energean PLC | 541748 | 6417903 |
|  \* | EnQuest PLC | 8423559 | 1531047 |
|  | Entain PLC | 711367 | 6081411 |
|  | Epwin Group PLC | 9451 | 11658 |
|  | Essentra PLC | 1027798 | 1235413 |
|  \*†† | Evraz PLC | 1444631 | 0 |
|  | Experian PLC | 832593 | 41422371 |
|  | FDM Group Holdings PLC | 202345 | 605486 |
|  | Firstgroup PLC | 3204141 | 7390680 |
|  | Foresight Group Holdings Ltd. | 111678 | 554433 |
|  W | Forterra PLC | 653810 | 1629944 |
|  | Foxtons Group PLC | 817147 | 645655 |
|  \* | Frasers Group PLC | 418277 | 3698417 |
|  | Fresnillo PLC | 464890 | 6230717 |
|  | Fuller Smith & Turner PLC, Class A | 120526 | 904943 |
|  #\* | Fund Technologies PLC | 14112 | 335843 |
|  \*W | Funding Circle Holdings PLC | 65068 | 98884 |
|  | Future PLC | 140310 | 1334362 |
|  | Galliford Try Holdings PLC | 477687 | 2484972 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Games Workshop Group PLC | 114638 | $23608821 |
|  \* | Gaming Realms PLC | 157902 | 83660 |
|  | Gamma Communications PLC | 180820 | 3227965 |
|  | GB Group PLC | 274911 | 900957 |
|  #\* | Genel Energy PLC | 794908 | 584035 |
|  | Genuit Group PLC | 1001006 | 5097422 |
|  \* | Georgia Capital PLC | 189316 | 4101644 |
|  | Glencore PLC | 7357053 | 24121824 |
|  | Gooch & Housego PLC | 23082 | 115957 |
|  | Goodwin PLC | 896 | 81083 |
|  | Grainger PLC | 2753289 | 7899042 |
|  | Greggs PLC | 517114 | 12873545 |
|  \* | Griffin Mining Ltd. | 1878 | 4785 |
|  | GSK PLC (GSK LN) | 2561499 | 50673354 |
|  # | GSK PLC (GSK US), Sponsored ADR | 665109 | 26504610 |
|  | Gulf Keystone Petroleum Ltd. | 1348240 | 2762967 |
|  \* | Gulf Marine Services PLC | 321392 | 73304 |
|  \*W | Gym Group PLC | 478207 | 921913 |
|  | H&T Group PLC | 17925 | 97678 |
|  | Haleon PLC (HLN LN) | 4332677 | 21801468 |
|  | Halfords Group PLC | 837098 | 1732773 |
|  | Halma PLC | 201658 | 7443525 |
|  | Harbour Energy PLC | 2154862 | 4403965 |
|  | Hargreaves Services PLC | 29274 | 239316 |
|  | Harworth Group PLC | 146511 | 343219 |
|  | Hays PLC | 5392332 | 5151301 |
|  | Headlam Group PLC | 227984 | 239159 |
|  | Helical PLC | 1439610 | 4147108 |
|  \* | Helios Towers PLC | 1710823 | 2461292 |
|  | Henry Boot PLC | 368414 | 1070600 |
|  | Hikma Pharmaceuticals PLC | 321852 | 8528936 |
|  | Hill & Smith PLC | 268141 | 6446175 |
|  | Hilton Food Group PLC | 202242 | 2405801 |
|  | Hiscox Ltd. | 1226594 | 18052602 |
|  \* | Hochschild Mining PLC | 1350126 | 5084163 |
|  | Hollywood Bowl Group PLC | 540756 | 2111790 |
|  \*W | Hostelworld Group PLC | 135705 | 194333 |
|  | Howden Joinery Group PLC | 2111292 | 21711466 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | HSBC Holdings PLC (HSBA LN) | 1656655 | $18467362 |
|  # | HSBC Holdings PLC (HSBC US), Sponsored ADR | 2346362 | 131583981 |
|  | Hunting PLC | 726690 | 2507356 |
|  W | Ibstock PLC | 1258700 | 3023392 |
|  | IDOX PLC | 178554 | 130690 |
|  | IG Group Holdings PLC | 1443408 | 20572856 |
|  | IMI PLC | 1060808 | 25175948 |
|  | Impax Asset Management Group PLC | 156932 | 319999 |
|  | Imperial Brands PLC | 1665881 | 68356187 |
|  | Inchcape PLC | 1874167 | 16793631 |
|  \* | Indivior PLC | 243730 | 2765806 |
|  | Informa PLC | 1611612 | 15743724 |
|  | IntegraFin Holdings PLC | 732846 | 2992920 |
|  | InterContinental Hotels Group PLC (IHG LN) | 102390 | 10925980 |
|  # | InterContinental Hotels Group PLC (IHG US), ADR | 70112 | 7564394 |
|  | Intermediate Capital Group PLC | 465024 | 11697194 |
|  | International Distribution Services PLC | 3603207 | 17608754 |
|  # | International Paper Co. | 675572 | 30732328 |
|  | International Personal Finance PLC | 1369001 | 2551437 |
|  | International Workplace Group PLC | 3322283 | 8225926 |
|  | Intertek Group PLC | 284702 | 17484946 |
|  | Investec PLC | 1993381 | 12516742 |
|  | iomart Group PLC | 74425 | 24986 |
|  \* | IP Group PLC | 3422479 | 1939716 |
|  #\* | IQE PLC | 1127628 | 136623 |
|  | Ithaca Energy PLC | 7394 | 13125 |
|  | ITV PLC | 9594476 | 10340853 |
|  | J D Wetherspoon PLC | 424492 | 3712028 |
|  | J Sainsbury PLC | 5959262 | 21179890 |
|  \* | James Fisher & Sons PLC | 186592 | 753881 |
|  # | James Halstead PLC | 99511 | 203885 |
|  | JD Sports Fashion PLC | 5790094 | 6095843 |
|  | JET2 PLC | 172775 | 3656175 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  #\* | John Wood Group PLC | 3147101 | $774453 |
|  | Johnson Matthey PLC | 363833 | 6264279 |
|  | Johnson Service Group PLC | 757933 | 1419349 |
|  | Jupiter Fund Management PLC | 2098164 | 2028107 |
|  | Just Group PLC | 5077421 | 9576906 |
|  | Kainos Group PLC | 236638 | 2303553 |
|  | Keller Group PLC | 550033 | 10473844 |
|  | Kier Group PLC | 1779617 | 3459964 |
|  | Kingfisher PLC | 6359558 | 24442933 |
|  | Kitwave Group PLC | 101030 | 401846 |
|  | Knights Group Holdings PLC | 59372 | 106953 |
|  | Lancashire Holdings Ltd. | 981933 | 7391107 |
|  | Legal & General Group PLC | 7877170 | 24805848 |
|  | Lion Finance Group PLC | 237307 | 19035079 |
|  | Liontrust Asset Management PLC | 85264 | 375396 |
|  | Lloyds Banking Group PLC (LLOY LN) | 65713474 | 64562020 |
|  | London Investment Group PLC | 17231 | 82159 |
|  | London Stock Exchange Group PLC | 77078 | 12001986 |
|  | LSL Property Services PLC | 131721 | 491097 |
|  W | Luceco PLC | 214166 | 396014 |
|  # | M&C Saatchi PLC | 41806 | 88104 |
|  | M&G PLC | 5775534 | 16026446 |
|  | Macfarlane Group PLC | 248152 | 343340 |
|  | Man Group PLC | 5379360 | 11741307 |
|  | Marks & Spencer Group PLC | 9032965 | 46940200 |
|  | Marshalls PLC | 742707 | 2785535 |
|  \* | Marston's PLC | 3668040 | 1765133 |
|  \* | McBride PLC | 868504 | 1669536 |
|  | Me Group International PLC | 1183140 | 3196575 |
|  | Mears Group PLC | 813187 | 4209454 |
|  | Melrose Industries PLC | 1641033 | 9539838 |
|  \* | Metro Bank Holdings PLC | 28970 | 38888 |
|  | Midwich Group PLC | 33747 | 88971 |
|  \* | Mitchells & Butlers PLC | 1846163 | 6126806 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Mitie Group PLC | 5748755 | $11085704 |
|  | MJ Gleeson PLC | 124636 | 843264 |
|  \* | Mobico Group PLC | 2004975 | 832544 |
|  | Mondi PLC | 1122616 | 17040342 |
|  | MONY Group PLC | 2534215 | 6858784 |
|  | Moonpig Group PLC | 316439 | 968472 |
|  | Morgan Advanced Materials PLC | 1290968 | 3389563 |
|  | Morgan Sindall Group PLC | 219388 | 10370320 |
|  | Mortgage Advice Bureau Holdings Ltd. | 14788 | 160457 |
|  | MP Evans Group PLC | 28366 | 382864 |
|  \* | Naked Wines PLC | 84053 | 82430 |
|  | National Grid PLC (NG LN) | 898153 | 12964031 |
|  # | National Grid PLC (NGG US), Sponsored ADR | 265505 | 19381829 |
|  | NatWest Group PLC (NWG LN) | 8042886 | 51734160 |
|  # | NatWest Group PLC (NWG US), Sponsored ADR | 868765 | 11224444 |
|  | NCC Group PLC | 468191 | 916060 |
|  | Next 15 Group PLC | 163792 | 568078 |
|  | Next PLC | 204305 | 33705523 |
|  #\*,\* | Nexxen International Ltd. | 21798 | 218224 |
|  | Ninety One PLC | 1396394 | 2764008 |
|  | Norcros PLC | 138482 | 448772 |
|  \* | Ocado Group PLC | 596506 | 2253635 |
|  W | On the Beach Group PLC | 293916 | 1038701 |
|  | OSB Group PLC | 1837819 | 11681634 |
|  | Oxford Instruments PLC | 195814 | 4308168 |
|  #\* | Oxford Nanopore Technologies PLC | 41721 | 66332 |
|  | Pagegroup PLC | 1637459 | 5905754 |
|  | Pan African Resources PLC | 6504004 | 3858148 |
|  | Paragon Banking Group PLC | 1263262 | 14271166 |
|  | PayPoint PLC | 219605 | 1982686 |
|  # | Pearson PLC (PSO US), Sponsored ADR | 349430 | 5678238 |
|  | Pearson PLC (PSON LN) | 330949 | 5305521 |
|  | Pennon Group PLC | 1175782 | 7871079 |
|  #\* | Pensana PLC | 40400 | 15629 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Persimmon PLC | 933652 | $16157753 |
|  #\* | Petra Diamonds Ltd. | 18748 | 6841 |
|  | Pets at Home Group PLC | 1305295 | 4134013 |
|  | Pharos Energy PLC | 1985137 | 504224 |
|  | Phoenix Group Holdings PLC | 1149378 | 9195410 |
|  \* | Phoenix Spree Deutschland Ltd. | 26200 | 60268 |
|  \* | Pinewood Technologies Group PLC | 289072 | 1395399 |
|  \* | Playtech PLC | 805012 | 8169549 |
|  | Polar Capital Holdings PLC | 319110 | 1673980 |
|  | Porvair PLC | 11959 | 118303 |
|  | PPHE Hotel Group Ltd. | 32501 | 541147 |
|  | Premier Foods PLC | 4505264 | 11944418 |
|  | Prudential PLC (PRU LN) | 1203112 | 12792418 |
|  | Prudential PLC (PUK US), ADR | 344958 | 7330358 |
|  #\* | PureTech Health PLC (PRTC LN) | 245633 | 401140 |
|  \* | PureTech Health PLC (PRTC US), ADR | 137 | 2315 |
|  | PZ Cussons PLC | 532674 | 554315 |
|  | QinetiQ Group PLC | 1754089 | 9232798 |
|  W | Quilter PLC | 4481342 | 8063467 |
|  | Rank Group PLC | 615103 | 701626 |
|  | Rathbones Group PLC | 149224 | 3141663 |
|  \*†† | Raven Property Group Ltd. | 96453 | 0 |
|  | Reach PLC | 2389226 | 2421924 |
|  | Reckitt Benckiser Group PLC | 841578 | 54320943 |
|  | Record PLC | 193593 | 137198 |
|  | RELX PLC (REL LN) | 596581 | 32558493 |
|  # | RELX PLC (RELX US), Sponsored ADR | 366786 | 20037515 |
|  | RELX PLC (REN NA) | 437454 | 23814674 |
|  | Renew Holdings PLC | 113340 | 1147244 |
|  | Renewi PLC | 493412 | 5663193 |
|  | Renishaw PLC | 18127 | 543001 |
|  | Renold PLC | 105020 | 66721 |
|  | Rentokil Initial PLC | 1170699 | 5363314 |
|  | Ricardo PLC | 130371 | 427935 |
|  | Rightmove PLC | 2557301 | 25256301 |
|  | Rio Tinto PLC (RIO LN) | 515369 | 30710551 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  # | Rio Tinto PLC (RIO US), Sponsored ADR | 624520 | $37096488 |
|  | Robert Walters PLC | 191734 | 580290 |
|  \* | Rockhopper Exploration PLC | 174882 | 113933 |
|  | Rolls-Royce Holdings PLC | 6048245 | 61223186 |
|  | Rotork PLC | 2452946 | 9987829 |
|  | RS Group PLC | 1026735 | 7079341 |
|  | RWS Holdings PLC | 723800 | 646757 |
|  | S&U PLC | 5532 | 105757 |
|  #\* | S4 Capital PLC | 442489 | 160396 |
|  W | Sabre Insurance Group PLC | 337168 | 568441 |
|  \* | Saga PLC | 623622 | 1089356 |
|  | Sage Group PLC | 860010 | 14257796 |
|  \* | Savannah Energy PLC | 547478 | 52898 |
|  | Savills PLC | 614348 | 7618504 |
|  | Schroders PLC | 1487179 | 6552775 |
|  | Secure Trust Bank PLC | 12403 | 98039 |
|  | Senior PLC | 1282494 | 2368460 |
|  | Serco Group PLC | 4807795 | 11033729 |
|  | Serica Energy PLC | 252071 | 427887 |
|  | Severfield PLC | 923662 | 295995 |
|  | Severn Trent PLC | 324337 | 12064448 |
|  | Shell PLC (SHEL LN) | 1472115 | 47507723 |
|  | Shell PLC (SHEL US), ADR | 4241504 | 273492178 |
|  #\* | SIG PLC | 2671809 | 554365 |
|  \* | Sigmaroc PLC | 58938 | 71383 |
|  | Smith & Nephew PLC (SN LN) | 537274 | 7560832 |
|  | Smiths Group PLC | 411883 | 10263957 |
|  | Smiths News PLC | 517576 | 367464 |
|  | Softcat PLC | 570660 | 12745457 |
|  #\* | SolGold PLC | 1323363 | 119743 |
|  | Spectris PLC | 150709 | 4034526 |
|  | Speedy Hire PLC | 2304314 | 603336 |
|  | Spirax Group PLC | 62656 | 4938279 |
|  W | Spire Healthcare Group PLC | 1328805 | 3435800 |
|  \* | Spirent Communications PLC | 1731946 | 4270199 |
|  | SSE PLC | 1272272 | 28684735 |
|  | SSP Group PLC | 2195288 | 4347917 |
|  | St. James's Place PLC | 1061647 | 13382425 |
|  | Standard Chartered PLC | 3584275 | 51625228 |
|  | SThree PLC | 497318 | 1616827 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  \* | Strix Group PLC | 321064 | $199057 |
|  \*†† | Studio Retail Group PLC | 86255 | 0 |
|  | STV Group PLC | 69518 | 150942 |
|  \* | Synthomer PLC | 643415 | 707603 |
|  | Tate & Lyle PLC | 1227584 | 9149206 |
|  | Tatton Asset Management PLC | 4130 | 34170 |
|  | Taylor Wimpey PLC | 10576969 | 16619671 |
|  | TBC Bank Group PLC | 89366 | 5651909 |
|  # | Team Internet Group PLC | 376051 | 285409 |
|  | Telecom Plus PLC | 271797 | 6871982 |
|  | Tesco PLC | 12526079 | 61991584 |
|  #\* | THG PLC | 2092250 | 690673 |
|  | Topps Tiles PLC | 859115 | 359881 |
|  # | TORM PLC, Class A | 198795 | 3313140 |
|  | TP ICAP Group PLC | 5592880 | 19205618 |
|  \*W | Trainline PLC | 455324 | 1783521 |
|  | Travis Perkins PLC | 1043714 | 7790875 |
|  | Treatt PLC | 19168 | 65330 |
|  | Trifast PLC | 656753 | 585763 |
|  | TT Electronics PLC | 945588 | 921162 |
|  #\* | Tullow Oil PLC | 2723645 | 464960 |
|  # | Unilever PLC (UL US), Sponsored ADR | 551057 | 35019672 |
|  | Unilever PLC (ULVR LN) | 253281 | 16126371 |
|  | Unilever PLC (UNA NA) | 796683 | 50804587 |
|  | United Utilities Group PLC | 920377 | 13837279 |
|  \* | Vanquis Banking Group PLC | 884149 | 756875 |
|  | Vertu Motors PLC | 1018006 | 838003 |
|  | Vesuvius PLC | 1215302 | 5551010 |
|  | Victorian Plumbing Group PLC | 21312 | 27807 |
|  | Victrex PLC | 145967 | 1620231 |
|  \* | Videndum PLC | 77752 | 83203 |
|  \* | Vistry Group PLC | 1148029 | 9678968 |
|  | Vodafone Group PLC (VOD LN) | 33184425 | 32610341 |
|  | Volex PLC | 213565 | 726647 |
|  | Volution Group PLC | 405026 | 3067192 |
|  | Vp PLC | 17348 | 136546 |
|  \*W | Watches of Switzerland Group PLC | 606544 | 2885818 |
|  #\* | Watkin Jones PLC | 462728 | 195127 |
|  | Weir Group PLC | 346643 | 10449037 |
|  | WH Smith PLC | 514098 | 6221155 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Whitbread PLC | 485000 | $| 16844548 |
|  | Wickes Group PLC | 1213929 |  | 3085633 |
|  | Wilmington PLC | 153206 |  | 754413 |
|  \* | Wise PLC, Class A | 167012 |  | 2190596 |
|  | WPP PLC (WPP LN) | 430273 |  | 3335715 |
|  # | WPP PLC (WPP US), Sponsored ADR | 147364 |  | 5682356 |
|  \* | Xaar PLC | 211992 |  | 294215 |
|  | XPS Pensions Group PLC | 118949 |  | 609979 |
|  # | Young & Co.'s Brewery PLC (YNGA LN), Class A | 59183 |  | 695818 |
|  | Young & Co.'s Brewery PLC (YNGN LN) | 5711 |  | 44705 |
|  | Zigup PLC | 1168713 |  | 4879954 |
|  | Zotefoams PLC | 30144 |  | 99322 |
|  TOTAL UNITED KINGDOM | TOTAL UNITED KINGDOM |  |  | 3899916638 |
|  UNITED STATES — (0.0%) | UNITED STATES — (0.0%) | UNITED STATES — (0.0%) | UNITED STATES — (0.0%) | UNITED STATES — (0.0%) |
|  \* | ADTRAN Holdings, Inc. | 137326 |  | 1052688 |
|  | Alcoa Corp., CDI | 17045 |  | 424831 |
|  \* | Coeur Mining, Inc. | 476901 |  | 2646803 |
|  W | &nbsp;&nbsp;&nbsp;&nbsp; Coronado Global<br> Resources, Inc., CDI | 102026 |  | 12724 |
|  TOTAL UNITED STATES | TOTAL UNITED STATES |  |  | 4137046 |
|  TOTAL COMMON STOCKS | TOTAL COMMON STOCKS |  |  | 32049553353 |
|  PREFERRED STOCKS — (0.4%) | PREFERRED STOCKS — (0.4%) | PREFERRED STOCKS — (0.4%) | PREFERRED STOCKS — (0.4%) | PREFERRED STOCKS — (0.4%) |
|  GERMANY — (0.4%) | GERMANY — (0.4%) | GERMANY — (0.4%) | GERMANY — (0.4%) | GERMANY — (0.4%) |
|  | Bayerische Motoren Werke AG, 8.479% | 106727 |  | 8612521 |
|  W | Dr. Ing hc F Porsche AG, 5.225% | 111824 |  | 5621576 |
|  | Draegerwerk AG & Co. KGaA, 3.010% | 41380 |  | 2819642 |
|  | Einhell Germany AG, 1.478% | 9323 |  | 695982 |
|  | FUCHS SE, 2.506% | 267030 |  | 13389588 |
|  | Henkel AG & Co. KGaA, 2.969% | 255824 |  | 19868918 |
|  | Jungheinrich AG, 2.370% | 250846 |  | 9116444 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | Porsche Automobil Holding SE, 7.072% | 370147 | $| 15261474 |
|  | Sartorius AG, 0.326% | 5876 |  | 1525377 |
|  | Sixt SE, 6.712% | 89513 |  | 5961614 |
|  | STO SE & Co. KGaA, 3.994% | 9414 |  | 1346301 |
|  | Villeroy & Boch AG, 6.140% | 60312 |  | 1182153 |
|  | Volkswagen AG, 9.469% | 393411 |  | 42807189 |
|  TOTAL GERMANY | TOTAL GERMANY |  |  | 128208779 |
|  RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
|  AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) |
|  \* | Galan Lithium Ltd. Warrants 07/24/2025 | 10752 |  | 0 |
|  \* | Imugene Ltd. Warrants 08/31/2026 | 223457 |  | 716 |
|  \* | Silver Mines Ltd. Rights 06/17/26 | 28100 |  | 0 |
|  TOTAL AUSTRALIA | TOTAL AUSTRALIA |  |  | 716 |
|  CANADA — (0.0%) | CANADA — (0.0%) | CANADA — (0.0%) | CANADA — (0.0%) | CANADA — (0.0%) |
|  \* | Constellation Software, Inc. Warrants 03/31/2040 | 20401 |  | 0 |
|  HONG KONG — (0.0%) | HONG KONG — (0.0%) | HONG KONG — (0.0%) | HONG KONG — (0.0%) | HONG KONG — (0.0%) |
|  \* | APAC Resources Ltd. Warrants 12/15/2027 | 72239 |  | 1257 |
|  \* | CSI Properties Ltd. Warrants 04/07/2027 | 1451210 |  | 2433 |
|  TOTAL HONG KONG | TOTAL HONG KONG | TOTAL HONG KONG |  | 3690 |
|  ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) |
|  #\* | Webuild SpA Warrants 08/02/2030 | 66474 |  | 0 |
|  PORTUGAL — (0.0%) | PORTUGAL — (0.0%) | PORTUGAL — (0.0%) | PORTUGAL — (0.0%) | PORTUGAL — (0.0%) |
|  #\* | EDP Renovaveis SA Rights 05/07/2025 | 608278 |  | 62018 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SPAIN — (0.0%) | SPAIN — (0.0%) | SPAIN — (0.0%) | SPAIN — (0.0%) |
|  \* | Obrascon Huarte Lain SA Rights 05/15/2025 | 2003661 | $10668 |
|  TOTAL RIGHTS/WARRANTS | TOTAL RIGHTS/WARRANTS |  | 77092 |
|  TOTAL INVESTMENT SECURITIES (Cost $22,402,142,053) | TOTAL INVESTMENT SECURITIES (Cost $22,402,142,053) |  | 32177839224 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
|  SECURITIES LENDING COLLATERAL — (4.9%) | SECURITIES LENDING COLLATERAL — (4.9%) | SECURITIES LENDING COLLATERAL — (4.9%) | SECURITIES LENDING COLLATERAL — (4.9%) |
|  @§ | The DFA Short Term Investment Fund | 142612918 | $1649318394 |
|  TOTAL INVESTMENTS — (100.0%) (Cost $24,051,621,645) | TOTAL INVESTMENTS — (100.0%) (Cost $24,051,621,645) |  | $33827157618 |

---

As of April 30, 2025, International Core Equity 2 Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration<br>Date** | **Notional**<br>**Value** | **Market**<br>**Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Position Contracts:** |  |  |  |  |  |
|  S&P 500<sup>®</sup> Emini Index | 988 | 06/20/25 | $274908047 | $275997800 | $1089753 |
|  **Total Futures Contracts** |  |  | **$274908047** | **$275997800** | **$1089753** |

---

As of April 30, 2025, the value of Rule 144A securities amounted to $573,003,748 or 1.7% of net assets.

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 1**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 2**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 3**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total**  |
|  **Assets** |  |  |  |  |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Australia | $66983995 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1858202639 | $11832 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1925198466 |
| &nbsp;&nbsp;&nbsp;&nbsp; Austria |  | 199537763 |  | 199537763 |
| &nbsp;&nbsp;&nbsp;&nbsp; Belgium | 4157317 | 376184825 |  | 380342142 |
| &nbsp;&nbsp;&nbsp;&nbsp; Canada | 3472388597 | 13753068 | 6203 | 3486147868 |
| &nbsp;&nbsp;&nbsp;&nbsp; China |  | 88896 |  | 88896 |
| &nbsp;&nbsp;&nbsp;&nbsp; Denmark | 61856988 | 750518625 |  | 812375613 |
| &nbsp;&nbsp;&nbsp;&nbsp; Finland | 12454172 | 520183697 |  | 532637869 |
| &nbsp;&nbsp;&nbsp;&nbsp; France | 17024745 | 2341945986 |  | 2358970731 |
| &nbsp;&nbsp;&nbsp;&nbsp; Germany | 41762373 | 2573216402 |  | 2614978775 |
| &nbsp;&nbsp;&nbsp;&nbsp; Greenland |  | 3839 |  | 3839 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hong Kong | 245171 | 480660061 | 117656 | 481022888 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ireland | 6976598 | 227102378 |  | 234078976 |
| &nbsp;&nbsp;&nbsp;&nbsp; Israel | 16746629 | 299632896 |  | 316379525 |
| &nbsp;&nbsp;&nbsp;&nbsp; Italy | 1718333 | 894608719 |  | 896327052 |
| &nbsp;&nbsp;&nbsp;&nbsp; Japan | 127428259 | 7137630300 |  | 7265058559 |
| &nbsp;&nbsp;&nbsp;&nbsp; Liechtenstein |  | 5767855 |  | 5767855 |
| &nbsp;&nbsp;&nbsp;&nbsp; Luxembourg | 27080414 | 110633968 |  | 137714382 |
| &nbsp;&nbsp;&nbsp;&nbsp; Monaco |  | 87086 |  | 87086 |
| &nbsp;&nbsp;&nbsp;&nbsp; Netherlands | 170554860 | 1129568405 |  | 1300123265 |
| &nbsp;&nbsp;&nbsp;&nbsp; New Zealand | 236819 | 101153674 |  | 101390493 |
| &nbsp;&nbsp;&nbsp;&nbsp; Norway | 954430 | 217207222 | 28897 | 218190549 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY 2 PORTFOLIO** 

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 1**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 2**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 3**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total**  |
| &nbsp;&nbsp;&nbsp;&nbsp; Portugal | $284695 | $99094747 |  | $99379442 |
| &nbsp;&nbsp;&nbsp;&nbsp; Singapore | 188771 | 348706362 |  | 348895133 |
| &nbsp;&nbsp;&nbsp;&nbsp; Spain | 28849563 | 863775891 | $7692 | 892633146 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sweden | 1391381 | 916914677 |  | 918306058 |
| &nbsp;&nbsp;&nbsp;&nbsp; Switzerland | 350802507 | 2269060791 |  | 2619863298 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Kingdom | 851138979 | 3048777542 | 117 | 3899916638 |
| &nbsp;&nbsp;&nbsp;&nbsp; United States | 2646803 | 1490243 |  | 4137046 |
|  Preferred Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Germany |  | 128208779 |  | 128208779 |
|  Rights/Warrants |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Australia |  | 716 |  | 716 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hong Kong |  | 3690 |  | 3690 |
| &nbsp;&nbsp;&nbsp;&nbsp; Portugal |  | 62018 |  | 62018 |
| &nbsp;&nbsp;&nbsp;&nbsp; Spain |  | 10668 |  | 10668 |
|  Securities Lending Collateral |  | 1649318394 |  | 1649318394 |
|  Total Investments in Securities | $5263872399 | $28563112822 | $172,397<> | $33827157618 |
|  **Financial Instruments** |  |  |  |  |
|  **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts\*\* | 1089753 |  |  | 1089753 |
|  Total Financial Instruments | $1089753 |  |  | $1089753 |

---

\*\* Valued at the unrealized appreciation/(depreciation) on the investment.

---

| | |
|:---|:---|
| <> | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.  |

---

See accompanying Notes to Financial Statements.

------

##### [**Table of Contents**](#toc)
**GLOBAL SMALL COMPANY PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value†** |
|  AFFILIATED INVESTMENT COMPANIES — (100.0%) |  |  |
|  DOMESTIC EQUITIES — (61.6%) |  |  |
|  U.S. Small Cap Portfolio | 1322577 | $57823049 |
|  INTERNATIONAL EQUITIES — (38.4%) |  |  |
|  The Continental Small Company Series |  | 10974532 |
|  The Emerging Markets Small Cap Series |  | 10745284 |
|  The Japanese Small Company Series |  | 6081763 |
|  The United Kingdom Small Company Series |  | 3067729 |
|  The Canadian Small Company Series |  | 2744776 |
|  The Asia Pacific Small Company Series |  | 2426942 |
|  TOTAL INTERNATIONAL EQUITIES |  | 36041026 |
|  TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES<br>(Cost $75,272,103) |  | $93864075 |

---

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Assets** |  |  |  |  |
|  Affiliated Investment Companies | $93864075 |  |  | $93864075 |
|  Total Investments in Securities | $93864075 |  |  | $93864075 |

---

See accompanying Notes to Financial Statements.

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL SMALL COMPANY PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | |
|:---|:---|:---|
|  | | **Value†** |
|  AFFILIATED INVESTMENT COMPANIES — (99.6%) |  |  |
|  The Continental Small Company Series |  | $5226211223 |
|  The Japanese Small Company Series |  | 2812834561 |
|  The United Kingdom Small Company Series |  | 1430985970 |
|  The Canadian Small Company Series |  | 1272083254 |
|  The Asia Pacific Small Company Series |  | 1122159578 |
|  TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES |  | $11864274586 |
|  | **Shares** |  |
|  TEMPORARY CASH INVESTMENTS — (0.4%) |  |  |
|  **¥**State Street Institutional U.S. Government Money Market Fund, 4.290%<br>(Cost $52,672,373) | 52672373 | 52672373 |
|  TOTAL INVESTMENTS — (100.0%)<br>(Cost $9,392,098,662) |  | $11916946959 |

---

As of April 30, 2025, International Small Company Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration<br>Date** | **Notional**<br>**Value** | **Market**<br>**Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Position Contracts:** |  |  |  |  |  |
|  S&P 500<sup>®</sup> Emini Index | 156 | 06/20/25 | $39144039 | $43578600 | $4434561 |
|  **Total Futures Contracts** |  |  | **$39144039** | **$43578600** | **$4434561** |

---

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 1**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 2**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 3**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total**  |
|  **Assets** |  |  |  |  |
|  Affiliated Investment Companies | $11864274586 |  |  | $11864274586 |
|  Temporary Cash Investments | 52672373 |  |  | 52672373 |
|  Total Investments in Securities | $11916946959 |  |  | $11916946959 |
|  **Financial Instruments** |  |  |  |  |
|  **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts\*\* | 4434561 |  |  | 4434561 |
|  Total Financial Instruments | $4434561 |  |  | $4434561 |

---

\*\* Valued at the unrealized appreciation/(depreciation) on the investment.

See accompanying Notes to Financial Statements.

------

##### [**Table of Contents**](#toc)
**JAPANESE SMALL COMPANY PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | |
|:---|:---|
|  | **Value†** |
|  AFFILIATED INVESTMENT COMPANIES — (100.0%) |  |
|  The Japanese Small Company Series | $212397752 |
|  TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES | $212397752 |

---

Summary of the Portfolio's Master Fund's investments as of April 30, 2025, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

------

##### [**Table of Contents**](#toc)
**ASIA PACIFIC SMALL COMPANY PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | |
|:---|:---|
|  | **Value†** |
|  AFFILIATED INVESTMENT COMPANIES — (100.0%) |  |
|  The Asia Pacific Small Company Series | $144966449 |
|  TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES | $144966449 |

---

Summary of the Portfolio's Master Fund's investments as of April 30, 2025, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

------

##### [**Table of Contents**](#toc)
**UNITED KINGDOM SMALL COMPANY PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | |
|:---|:---|
|  | **Value†** |
|  AFFILIATED INVESTMENT COMPANIES — (100.0%) |  |
|  The United Kingdom Small Company Series | $21485908 |
|  TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES | $21485908 |

---

Summary of the Portfolio's Master Fund's investments as of April 30, 2025, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

------

##### [**Table of Contents**](#toc)
**CONTINENTAL SMALL COMPANY PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | |
|:---|:---|
|  | **Value†** |
|  AFFILIATED INVESTMENT COMPANIES — (100.0%) |  |
|  The Continental Small Company Series | $109560022 |
|  TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES | $109560022 |

---

Summary of the Portfolio's Master Fund's investments as of April 30, 2025, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COMMON STOCKS — (96.5%) | COMMON STOCKS — (96.5%) | COMMON STOCKS — (96.5%) | COMMON STOCKS — (96.5%) |
|  AUSTRALIA — (22.6%) | AUSTRALIA — (22.6%) | AUSTRALIA — (22.6%) | AUSTRALIA — (22.6%) |
|  | Abacus Group | 3477014 | $2538133 |
|  | Abacus Storage King | 4129868 | 3905290 |
|  | Arena REIT | 3135977 | 7468068 |
|  | Aspen Group Ltd. | 1420251 | 2811268 |
|  | BWP Trust | 4200046 | 9629972 |
|  | Carindale Property Trust | 259419 | 786435 |
|  | Centuria Capital Group | 4491239 | 4525393 |
|  | Centuria Industrial REIT | 4181761 | 7875564 |
|  # | Centuria Office REIT | 3128163 | 2458549 |
|  | Charter Hall Group | 3365356 | 36386024 |
|  # | Charter Hall Long Wale REIT | 4882934 | 11995923 |
|  | Charter Hall Retail REIT | 3933873 | 9396522 |
|  | Charter Hall Social Infrastructure REIT | 2624530 | 4915666 |
|  # | Cromwell Property Group | 12527566 | 3006151 |
|  | Dexus | 7125847 | 34301141 |
|  # | Dexus Convenience Retail REIT | 662789 | 1251398 |
|  | Dexus Industria REIT | 2648721 | 4408780 |
|  | Elanor Commercial Property Fund | 54174 | 20105 |
|  \*†† | Elanor Investor Group | 67755 | 26908 |
|  | Garda Property Group | 323917 | 238781 |
|  | GDI Property Group Partnership | 5934561 | 2526168 |
|  | Goodman Group | 13441779 | 257327206 |
|  | GPT Group | 12981540 | 38481864 |
|  | Growthpoint Properties Australia Ltd. | 2084422 | 3092152 |
|  # | HealthCo REIT | 1618897 | 872441 |
|  | HMC Capital Ltd. | 810557 | 2524712 |
|  | HomeCo Daily Needs REIT | 12868503 | 10088693 |
|  | Ingenia Communities Group | 2928618 | 10389738 |
|  | Mirvac Group | 26740524 | 39005115 |
|  | National Storage REIT | 9676452 | 14228393 |
|  | RAM Essential Services Property Fund | 256488 | 95359 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Region RE Ltd. | 8759912 | $| 12984102 |
|  | Scentre Group | 37292332 |  | 86396776 |
|  | Stockland | 17261131 |  | 60659681 |
|  | Vicinity Ltd. | 27257778 |  | 41223365 |
|  | Waypoint REIT Ltd. | 5082484 |  | 8323488 |
|  TOTAL AUSTRALIA | TOTAL AUSTRALIA |  |  | 736165324 |
|  BELGIUM — (4.0%) | BELGIUM — (4.0%) | BELGIUM — (4.0%) | BELGIUM — (4.0%) | BELGIUM — (4.0%) |
|  | Aedifica SA | 361429 |  | 28927291 |
|  | Ascencio | 37135 |  | 1987624 |
|  # | Care Property Invest NV | 284809 |  | 4331586 |
|  # | Cofinimmo SA | 290022 |  | 23162886 |
|  # | Home Invest Belgium SA | 47758 |  | 1096212 |
|  | Montea NV | 141654 |  | 10284693 |
|  # | Nextensa SA | 29939 |  | 1372628 |
|  | Retail Estates NV | 111718 |  | 8190978 |
|  | Shurgard Self Storage Ltd. | 66220 |  | 2747539 |
|  | Vastned NV | 116327 |  | 3823720 |
|  | Warehouses De Pauw CVA | 1321450 |  | 33752594 |
|  | Wereldhave Belgium Comm VA | 41857 |  | 2363752 |
|  | Xior Student Housing NV | 245595 |  | 7965356 |
|  TOTAL BELGIUM | TOTAL BELGIUM |  |  | 130006859 |
|  CANADA — (4.1%) | CANADA — (4.1%) | CANADA — (4.1%) | CANADA — (4.1%) | CANADA — (4.1%) |
|  # | Allied Properties Real Estate Investment Trust | 378787 |  | 4214850 |
|  # | Artis Real Estate Investment Trust | 344916 |  | 1808895 |
|  | Automotive Properties Real Estate Investment Trust | 156320 |  | 1167921 |
|  | Boardwalk Real Estate Investment Trust | 161376 |  | 7609933 |
|  | BSR Real Estate Investment Trust | 187682 |  | 2344148 |
|  | BTB Real Estate Investment Trust | 333609 |  | 815510 |
|  # | Canadian Apartment Properties REIT | 538001 |  | 16429597 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  # | Choice Properties Real Estate Investment Trust | 1129657 | $11963584 |
|  | Crombie Real Estate Investment Trust | 399566 | 4228687 |
|  # | CT Real Estate Investment Trust | 338976 | 3651381 |
|  # | Dream Industrial Real Estate Investment Trust | 884294 | 6799301 |
|  # | Dream Office Real Estate Investment Trust | 75114 | 834182 |
|  | European Residential Real Estate Investment Trust | 281442 | 522626 |
|  | Firm Capital Property Trust | 50300 | 221472 |
|  # | First Capital Real Estate Investment Trust | 714488 | 8852064 |
|  # | Granite Real Estate Investment Trust | 212301 | 9738804 |
|  | H&R Real Estate Investment Trust | 853897 | 6076260 |
|  # | InterRent Real Estate Investment Trust | 447342 | 3663493 |
|  # | Killam Apartment Real Estate Investment Trust | 358853 | 4534469 |
|  #W | Minto Apartment Real Estate Investment Trust | 117250 | 1143923 |
|  | Morguard North American Residential Real Estate Investment Trust | 152698 | 1850851 |
|  # | Morguard Real Estate Investment Trust | 337356 | 1367924 |
|  | Nexus Industrial REIT | 194665 | 946072 |
|  # | NorthWest Healthcare Properties Real Estate Investment Trust | 740767 | 2643677 |
|  | Plaza Retail REIT | 467534 | 1254806 |
|  # | Primaris Real Estate Investment Trust | 321680 | 3355398 |
|  | PRO Real Estate Investment Trust | 236482 | 857689 |
|  # | RioCan Real Estate Investment Trust | 1015131 | 12679933 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  # | Slate Grocery REIT, Class U | 183158 | $| 1846726 |
|  # | SmartCentres Real Estate Investment Trust | 476270 |  | 8806124 |
|  | True North Commercial Real Estate Investment Trust | 56423 |  | 390860 |
|  TOTAL CANADA | TOTAL CANADA | TOTAL CANADA |  | 132621160 |
|  FRANCE — (6.4%) | FRANCE — (6.4%) | FRANCE — (6.4%) | FRANCE — (6.4%) | FRANCE — (6.4%) |
|  | Altarea SCA | 39587 |  | 4574477 |
|  | ARGAN SA | 73764 |  | 5096559 |
|  | Carmila SA | 442892 |  | 9627402 |
|  # | Covivio Hotels SACA | 6220 |  | 165088 |
|  | Covivio SA | 382357 |  | 21440624 |
|  | Gecina SA | 269711 |  | 27688156 |
|  | ICADE | 202975 |  | 4821626 |
|  | Klepierre SA | 1285920 |  | 47068734 |
|  | Mercialys SA | 576320 |  | 7715251 |
|  | Unibail-Rodamco-Westfield (URW FP) | 952381 |  | 80623856 |
|  \* | Vitura SA | 10341 |  | 77874 |
|  TOTAL FRANCE | TOTAL FRANCE | TOTAL FRANCE |  | 208899647 |
|  GERMANY — (0.2%) | GERMANY — (0.2%) | GERMANY — (0.2%) | GERMANY — (0.2%) | GERMANY — (0.2%) |
|  \* | Deutsche Konsum REIT-AG | 11682 |  | 39621 |
|  | Hamborner REIT AG | 708978 |  | 5038732 |
|  TOTAL GERMANY | TOTAL GERMANY | TOTAL GERMANY |  | 5078353 |
|  HONG KONG — (3.2%) | HONG KONG — (3.2%) | HONG KONG — (3.2%) | HONG KONG — (3.2%) | HONG KONG — (3.2%) |
|  | Champion REIT | 20053012 |  | 5936197 |
|  | China Merchants Commercial Real Estate Investment Trust | 310000 |  | 46738 |
|  | Fortune Real Estate Investment Trust | 12097000 |  | 6768906 |
|  | Link REIT | 17989820 |  | 84225732 |
|  | Prosperity REIT | 13511000 |  | 2037946 |
|  \* | Regal Real Estate Investment Trust | 9834000 |  | 508499 |
|  | SF Real Estate Investment Trust | 697000 |  | 240753 |
|  | Spring Real Estate Investment Trust | 5882000 |  | 1318158 |
|  | Sunlight Real Estate Investment Trust | 10433000 |  | 2593115 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  # | Yuexiu Real Estate Investment Trust | 17483250 | $| 1642293 |
|  TOTAL HONG KONG | TOTAL HONG KONG | TOTAL HONG KONG |  | 105318337 |
|  INDIA — (0.2%) | INDIA — (0.2%) | INDIA — (0.2%) | INDIA — (0.2%) | INDIA — (0.2%) |
|  W | Brookfield India Real Estate Trust | 396195 |  | 1355683 |
|  | Embassy Office Parks REIT | 842128 |  | 3804359 |
|  W | Mindspace Business Parks REIT | 279147 |  | 1272704 |
|  | Nexus Select Trust | 77442 |  | 118528 |
|  TOTAL INDIA | TOTAL INDIA | TOTAL INDIA |  | 6551274 |
|  IRELAND — (0.1%) | IRELAND — (0.1%) | IRELAND — (0.1%) | IRELAND — (0.1%) | IRELAND — (0.1%) |
|  | Irish Residential Properties REIT PLC | 4199159 |  | 4857083 |
|  ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) |
|  \* | Immobiliare Grande Distribuzione SIIQ SpA | 394272 |  | 1403646 |
|  JAPAN — (20.8%) | JAPAN — (20.8%) | JAPAN — (20.8%) | JAPAN — (20.8%) | JAPAN — (20.8%) |
|  | Activia Properties, Inc. | 4391 |  | 10528979 |
|  | Advance Residence Investment Corp. | 20598 |  | 21224317 |
|  | AEON REIT Investment Corp. | 11783 |  | 10312247 |
|  | Comforia Residential REIT, Inc. | 4878 |  | 9482916 |
|  | CRE Logistics REIT, Inc. | 4009 |  | 4023856 |
|  | Daiwa House REIT Investment Corp. | 16899 |  | 28305365 |
|  | Daiwa Office Investment Corp. | 3988 |  | 8544268 |
|  | Daiwa Securities Living Investments Corp. | 13928 |  | 8793937 |
|  | ESCON Japan REIT Investment Corp. | 2180 |  | 1717014 |
|  | Frontier Real Estate Investment Corp. | 18437 |  | 10235340 |
|  | Fukuoka REIT Corp. | 5288 |  | 5785797 |
|  | Global One Real Estate Investment Corp. | 7117 |  | 5942688 |
|  | GLP J-Reit | 33872 |  | 29216174 |
|  # | Hankyu Hanshin REIT, Inc. | 4412 |  | 4458028 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Health Care & Medical Investment Corp. | 2714 | $2086191 |
|  | Heiwa Real Estate REIT, Inc. | 7180 | 6612676 |
|  # | Hoshino Resorts REIT, Inc. | 4095 | 6299639 |
|  | Hulic Reit, Inc. | 9499 | 9723076 |
|  | Ichigo Hotel REIT Investment Corp. | 1455 | 1231996 |
|  # | Ichigo Office REIT Investment Corp. | 7059 | 4121654 |
|  | Industrial & Infrastructure Fund Investment Corp. | 14754 | 12069740 |
|  | Invincible Investment Corp. | 53766 | 22221909 |
|  | Japan Excellent, Inc. | 8716 | 7874997 |
|  | Japan Hotel REIT Investment Corp. | 37033 | 18313192 |
|  | Japan Logistics Fund, Inc. | 19511 | 12759589 |
|  | Japan Metropolitan Fund Invest | 54028 | 35997740 |
|  | Japan Prime Realty Investment Corp. | 6262 | 15465069 |
|  # | Japan Real Estate Investment Corp. | 44489 | 35307035 |
|  # | KDX Realty Investment Corp. | 29544 | 30766672 |
|  | LaSalle Logiport REIT | 13066 | 12464271 |
|  | Marimo Regional Revitalization REIT, Inc. | 1622 | 1159238 |
|  # | Mirai Corp. | 13106 | 3811729 |
|  # | Mitsubishi Estate Logistics REIT Investment Corp. | 10077 | 8227740 |
|  | Mitsui Fudosan Logistics Park, Inc. | 21724 | 15505305 |
|  | Mori Hills REIT Investment Corp. | 10989 | 10115135 |
|  | Mori Trust Reit, Inc. | 20382 | 9046914 |
|  | Nippon Accommodations Fund, Inc. | 16934 | 13814272 |
|  # | Nippon Building Fund, Inc. | 54938 | 50993961 |
|  | Nippon Hotel & Residential Investment Corp. | 1804 | 867030 |
|  | Nippon Prologis REIT, Inc. | 16006 | 26471115 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | NIPPON REIT Investment Corp. | 12540 | $| 7319272 |
|  | Nomura Real Estate Master Fund, Inc. | 28844 |  | 28715879 |
|  # | NTT UD REIT Investment Corp. | 11169 |  | 10491278 |
|  | One REIT, Inc. | 1730 |  | 2911733 |
|  | Orix JREIT, Inc. | 18880 |  | 23778892 |
|  | Samty Residential Investment Corp. | 2825 |  | 1833741 |
|  | Sankei Real Estate, Inc. | 3233 |  | 2000808 |
|  # | Sekisui House Reit, Inc. | 30055 |  | 16214050 |
|  | SOSiLA Logistics REIT, Inc. | 4908 |  | 3796960 |
|  | Star Asia Investment Corp. | 17715 |  | 6788543 |
|  # | Starts Proceed Investment Corp. | 1709 |  | 2027567 |
|  # | Takara Leben Real Estate Investment Corp. | 5302 |  | 3155978 |
|  | Tokyu REIT, Inc. | 6343 |  | 7937423 |
|  # | Tosei REIT Investment Corp. | 2259 |  | 1979649 |
|  | United Urban Investment Corp. | 21627 |  | 22758234 |
|  | XYMAX REIT Investment Corp. | 1778 |  | 1365373 |
|  TOTAL JAPAN | TOTAL JAPAN | TOTAL JAPAN |  | 674974191 |
|  MALAYSIA — (0.8%) | MALAYSIA — (0.8%) | MALAYSIA — (0.8%) | MALAYSIA — (0.8%) | MALAYSIA — (0.8%) |
|  | Al-'Aqar Healthcare REIT | 295700 |  | 85053 |
|  # | Axis Real Estate Investment Trust | 9045720 |  | 4004246 |
|  | Capitaland Malaysia Trust | 13221515 |  | 1901805 |
|  | IGB Real Estate Investment Trust | 10310100 |  | 5592683 |
|  | KIP REIT | 225000 |  | 44330 |
|  # | KLCCP Stapled Group | 2308900 |  | 4650147 |
|  | Pavilion Real Estate Investment Trust | 4730900 |  | 1589325 |
|  | Sunway Real Estate Investment Trust | 12716200 |  | 5578009 |
|  # | YTL Hospitality REIT | 4793600 |  | 1156155 |
|  TOTAL MALAYSIA | TOTAL MALAYSIA | TOTAL MALAYSIA |  | 24601753 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MEXICO — (2.6%) | MEXICO — (2.6%) | MEXICO — (2.6%) | MEXICO — (2.6%) |
|  | Asesor de Activos Prisma SAPI de CV | 8188318 | $1979176 |
|  | Concentradora Fibra Danhos SA de CV | 2487795 | 2816300 |
|  #W | Concentradora Fibra Hotelera Mexicana SA de CV | 4227043 | 2136100 |
|  W | FIBRA Macquarie Mexico | 11357523 | 17884313 |
|  | Fibra Shop Portafolios Inmobiliarios SAPI de CV | 1492850 | 675990 |
|  | Fibra Uno Administracion SA de CV | 20133083 | 26056329 |
|  # | Prologis Property Mexico SA de CV | 9069376 | 32183672 |
|  TOTAL MEXICO | TOTAL MEXICO | TOTAL MEXICO | 83731880 |
|  NETHERLANDS — (0.7%) | NETHERLANDS — (0.7%) | NETHERLANDS — (0.7%) | NETHERLANDS — (0.7%) |
|  | Eurocommercial Properties NV | 441592 | 12760422 |
|  | NSI NV | 162254 | 3973807 |
|  | Wereldhave NV | 254678 | 4810348 |
|  TOTAL NETHERLANDS | TOTAL NETHERLANDS | TOTAL NETHERLANDS | 21544577 |
|  NEW ZEALAND — (1.4%) | NEW ZEALAND — (1.4%) | NEW ZEALAND — (1.4%) | NEW ZEALAND — (1.4%) |
|  # | Argosy Property Ltd. | 8891307 | 5285856 |
|  | Goodman Property Trust | 10768458 | 11738328 |
|  # | Kiwi Property Group Ltd. | 16808087 | 8240865 |
|  # | Precinct Properties Group | 12614369 | 8095785 |
|  # | Property for Industry Ltd. | 3374328 | 4125517 |
|  | Stride Property Group | 4401965 | 2879891 |
|  # | Vital Healthcare Property Trust | 4619317 | 4692378 |
|  TOTAL NEW ZEALAND | TOTAL NEW ZEALAND | TOTAL NEW ZEALAND | 45058620 |
|  PHILIPPINES — (0.1%) | PHILIPPINES — (0.1%) | PHILIPPINES — (0.1%) | PHILIPPINES — (0.1%) |
|  | AREIT, Inc. | 2191900 | 1547947 |
|  | DDMP Reit, Inc. | 7381000 | 141373 |
|  | MREIT, Inc. | 2867200 | 703311 |
|  TOTAL PHILIPPINES | TOTAL PHILIPPINES | TOTAL PHILIPPINES | 2392631 |
|  SAUDI ARABIA — (0.1%) | SAUDI ARABIA — (0.1%) | SAUDI ARABIA — (0.1%) | SAUDI ARABIA — (0.1%) |
|  | Al Rajhi REIT | 769197 | 1729868 |
|  | Derayah REIT | 124460 | 186049 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
|  | Jadwa REIT Saudi Fund | 390056 | $| 1067017 |
|  | Riyad REIT Fund | 489344 |  | 779513 |
|  TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA |  | 3762447 |
|  SINGAPORE — (10.6%) | SINGAPORE — (10.6%) | SINGAPORE — (10.6%) | SINGAPORE — (10.6%) | SINGAPORE — (10.6%) |
|  | Acrophyte Hospitality Trust | 143100 |  | 28637 |
|  | AIMS APAC REIT | 5798854 |  | 5467523 |
|  | CapitaLand Ascendas REIT | 27062980 |  | 55145095 |
|  | CapitaLand Ascott Trust | 19420221 |  | 12706781 |
|  # | CapitaLand China Trust | 9807300 |  | 5177866 |
|  | CapitaLand Integrated Commercial Trust | 42677691 |  | 70234684 |
|  # | CDL Hospitality Trusts | 8018780 |  | 4882756 |
|  | Daiwa House Logistics Trust | 386500 |  | 168720 |
|  | Digital Core REIT Management Pte. Ltd. | 1012400 |  | 506459 |
|  #\*†† | EC World Real Estate Investment Trust | 2427600 |  | 92933 |
|  | ESR-REIT | 5903953 |  | 9949144 |
|  # | Far East Hospitality Trust | 9202121 |  | 3841049 |
|  | First Real Estate Investment Trust | 16295603 |  | 3248453 |
|  | Frasers Centrepoint Trust | 9723316 |  | 16844683 |
|  | Frasers Hospitality Trust | 282900 |  | 142180 |
|  # | Frasers Logistics & Commercial Trust | 19985532 |  | 13708826 |
|  # | IREIT Global | 2752634 |  | 495527 |
|  # | Keppel DC REIT | 11968573 |  | 19801340 |
|  #\* | Keppel Pacific Oak U.S. REIT | 6793000 |  | 1353349 |
|  # | Keppel REIT | 17933726 |  | 11748533 |
|  # | Lendlease Global Commercial REIT | 14458103 |  | 5704016 |
|  \* | Lippo Malls Indonesia Retail Trust | 55201179 |  | 594741 |
|  #\* | Manulife U.S. Real Estate Investment Trust | 14030386 |  | 884195 |
|  | Mapletree Industrial Trust | 15185758 |  | 23490534 |
|  # | Mapletree Logistics Trust | 25139447 |  | 21633282 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | Mapletree Pan Asia Commercial Trust | 17325906 | $| 16226034 |
|  | OUE Real Estate Investment Trust | 14560954 |  | 3123420 |
|  | Paragon REIT | 439900 |  | 330092 |
|  # | Parkway Life Real Estate Investment Trust | 3264300 |  | 10574533 |
|  # | Prime U.S. REIT | 4794400 |  | 686040 |
|  | Sabana Industrial Real Estate Investment Trust | 7626097 |  | 2132148 |
|  # | Sasseur Real Estate Investment Trust | 4330900 |  | 2109912 |
|  | Starhill Global REIT | 21081626 |  | 7997008 |
|  # | Suntec Real Estate Investment Trust | 15845800 |  | 13970704 |
|  | United Hampshire U.S. REIT | 218477 |  | 97337 |
|  TOTAL SINGAPORE | TOTAL SINGAPORE | TOTAL SINGAPORE |  | 345098534 |
|  SOUTH AFRICA — (2.2%) | SOUTH AFRICA — (2.2%) | SOUTH AFRICA — (2.2%) | SOUTH AFRICA — (2.2%) | SOUTH AFRICA — (2.2%) |
|  # | Attacq Ltd. | 4523246 |  | 3466292 |
|  | Burstone Group Ltd. | 5192902 |  | 2448753 |
|  | Emira Property Fund Ltd. | 372693 |  | 204529 |
|  | Equites Property Fund Ltd. | 6540047 |  | 5337770 |
|  | Fairvest Ltd., Class B | 7724056 |  | 2014742 |
|  | Growthpoint Properties Ltd. | 25988067 |  | 18320429 |
|  # | Hyprop Investments Ltd. | 2663720 |  | 6104431 |
|  # | Octodec Investments Ltd. | 555360 |  | 298096 |
|  | Redefine Properties Ltd. | 49570278 |  | 12332398 |
|  # | Resilient REIT Ltd. | 2394679 |  | 7812511 |
|  # | SA Corporate Real Estate Ltd. | 22572267 |  | 3587473 |
|  | Stor-Age Property REIT Ltd. | 777996 |  | 630190 |
|  | Vukile Property Fund Ltd. | 9037374 |  | 9204953 |
|  TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA |  | 71762567 |
|  SOUTH KOREA — (0.5%) | SOUTH KOREA — (0.5%) | SOUTH KOREA — (0.5%) | SOUTH KOREA — (0.5%) | SOUTH KOREA — (0.5%) |
|  | D&D Platform REIT Co. Ltd. | 92798 |  | 209599 |
|  | E KOCREF CR-REIT Co. Ltd. | 289110 |  | 947085 |
|  | ESR Kendall Square REIT Co. Ltd. | 377628 |  | 1294779 |

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##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  | **Shares** | **Value»** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| IGIS Residence REIT Co. Ltd. | 183391 | $| 544841 |
| IGIS Value Plus REIT Co. Ltd. | 301347 |  | 996238 |
| JR Global Reit | 1302749 |  | 2510188 |
| KB Star Real Estate Investment Trust, Inc. | 166349 |  | 461353 |
| Koramco Life Infra Reit Co. Ltd. | 592299 |  | 1881349 |
| LOTTE REIT Co. Ltd. | 653588 |  | 1648871 |
| Mirae Asset Global REIT Co. Ltd. | 173438 |  | 335350 |
| Miraeasset Maps Reit1 Co. Ltd. | 69520 |  | 133517 |
| NH All-One REIT Co. Ltd. | 161365 |  | 408162 |
| Shinhan Alpha REIT Co. Ltd. | 754228 |  | 3085072 |
| Shinhan Seobu T&D REIT Co. Ltd. | 117027 |  | 287971 |
| SK REITs Co. Ltd. | 737701 |  | 2574284 |
| TOTAL SOUTH KOREA |  |  | 17318659 |
| SPAIN — (1.3%) | SPAIN — (1.3%) | SPAIN — (1.3%) | SPAIN — (1.3%) |
| Inmobiliaria Colonial Socimi SA | 2244105 |  | 14544264 |
| Merlin Properties Socimi SA | 2490984 |  | 28248436 |
| TOTAL SPAIN |  |  | 42792700 |
| TAIWAN — (0.3%) | TAIWAN — (0.3%) | TAIWAN — (0.3%) | TAIWAN — (0.3%) |
| Cathay No. 1 REIT | 10846000 |  | 5103666 |
| Cathay No. 2 REIT | 4142000 |  | 1966331 |
| Fubon No. 1 REIT | 1308000 |  | 536933 |
| Fubon No. 2 REIT | 4032000 |  | 1467228 |
| TOTAL TAIWAN |  |  | 9074158 |
| THAILAND — (0.1%) | THAILAND — (0.1%) | THAILAND — (0.1%) | THAILAND — (0.1%) |
| Frasers Property Thailand Industrial Freehold & Leasehold REIT | 3607700 |  | 961189 |
| IMPACT Growth Real Estate Investment Trust | 1847600 |  | 522671 |

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| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | WHA Premium Growth Freehold & Leasehold Real Estate InvestmentTrust, Class F | 3653300 | $| 978807 |
|  TOTAL THAILAND | TOTAL THAILAND |  |  | 2462667 |
|  TURKEY — (0.6%) | TURKEY — (0.6%) | TURKEY — (0.6%) | TURKEY — (0.6%) | TURKEY — (0.6%) |
|  \* | Akfen Gayrimenkul Yatirim Ortakligi AS | 8307857 |  | 415687 |
|  | AKIS Gayrimenkul Yatirimi AS | 8696537 |  | 1376038 |
|  | Akmerkez Gayrimenkul Yatirim Ortakligi AS | 54504 |  | 273051 |
|  # | Alarko Gayrimenkul Yatirim Ortakligi AS | 811226 |  | 365559 |
|  #\* | Emlak Konut Gayrimenkul Yatirim Ortakligi AS | 15414348 |  | 4642348 |
|  | Halk Gayrimenkul Yatirim Ortakligi AS | 5084964 |  | 329124 |
|  \* | Is Gayrimenkul Yatirim Ortakligi AS | 2838436 |  | 1061398 |
|  \* | Kiler Gayrimenkul Yatirim Ortakligi AS | 4020831 |  | 441703 |
|  \* | Kuyumcukent Gayrimenkul Yatirimlari AS | 2428286 |  | 2489277 |
|  \* | Ozak Gayrimenkul Yatirim Ortakligi | 2242908 |  | 595018 |
|  | Panora Gayrimenkul Yatirim Ortakligi | 439810 |  | 698621 |
|  \* | Pera Yatirim Holding AS | 4903458 |  | 2093563 |
|  \* | Reysas Gayrimenkul Yatirim Ortakligi AS | 3703643 |  | 1347190 |
|  \* | Servet Gayrimenkul Yatirim Ortakligi AS | 7700000 |  | 606774 |
|  | Torunlar Gayrimenkul Yatirim Ortakligi AS | 1254756 |  | 2003509 |
|  #\* | Vakif Gayrimenkul Yatirim Ortakligi AS | 7468923 |  | 367980 |
|  | Yeni Gimat Gayrimenkul Ortakligi AS | 1007774 |  | 1955390 |
|  \* | Yesil Gayrimenkul Yatirim Ortakligi AS | 241979 |  | 35531 |
|  TOTAL TURKEY | TOTAL TURKEY |  |  | 21097761 |

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------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (13.6%) | UNITED KINGDOM — (13.6%) | UNITED KINGDOM — (13.6%) | UNITED KINGDOM — (13.6%) |
|  | abrdn Property Income Trust Ltd. | 3627036 | $290079 |
|  | AEW U.K. REIT PLC | 192870 | 261530 |
|  | Assura PLC | 23278456 | 15053550 |
|  | Big Yellow Group PLC | 1458936 | 19641475 |
|  | British Land Co. PLC | 7746315 | 40752270 |
|  | Care Reit PLC | 2112565 | 3037556 |
|  | CLS Holdings PLC | 1066338 | 899714 |
|  # | Custodian Property Income REIT PLC | 3282369 | 3466068 |
|  | Derwent London PLC | 759340 | 19696375 |
|  | Empiric Student Property PLC | 5128231 | 6235417 |
|  | Great Portland Estates PLC | 2586294 | 10692531 |
|  | Hammerson PLC | 3141427 | 10598911 |
|  | Helical PLC | 137787 | 396925 |
|  | Land Securities Group PLC | 4523756 | 35847557 |
|  | LondonMetric Property PLC | 14596469 | 37450309 |
|  | NewRiver REIT PLC | 3626643 | 3674883 |
|  | Palace Capital PLC | 29488 | 86881 |
|  | Picton Property Income Ltd. | 1604357 | 1629681 |
|  | Primary Health Properties PLC | 10245215 | 14020506 |
|  | PRS REIT PLC | 2215507 | 3427869 |
|  #W | Regional REIT Ltd. | 1292370 | 2056331 |
|  W | Residential Secure Income PLC | 234096 | 182334 |
|  | Safestore Holdings PLC | 1692867 | 14248141 |
|  | Schroder European Real Estate Investment Trust PLC | 105100 | 92658 |
|  | Schroder Real Estate Investment Trust Ltd. | 4766766 | 3365741 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Segro PLC | 9157879 | $83306070 |
|  | Shaftesbury Capital PLC | 10535306 | 19137206 |
|  | Sirius Real Estate Ltd. | 3727271 | 4589705 |
|  W | Social Housing Reit PLC | 970906 | 926743 |
|  | Supermarket Income REIT PLC | 2251551 | 2336148 |
|  | Target Healthcare REIT PLC | 4882282 | 6415938 |
|  | Town Centre Securities PLC | 222 | 406 |
|  | Tritax Big Box REIT PLC | 17304726 | 33101980 |
|  | UNITE Group PLC | 2706710 | 31097460 |
|  | Urban Logistics REIT PLC | 2264178 | 4407829 |
|  | Warehouse REIT PLC | 1161572 | 1672943 |
|  | Workspace Group PLC | 1258363 | 7456503 |
|  TOTAL UNITED KINGDOM | TOTAL UNITED KINGDOM |  | 441554223 |
|  TOTAL COMMON STOCKS<br>Cost ($3,067,222,567) | TOTAL COMMON STOCKS<br>Cost ($3,067,222,567) |  | 3138129051 |
|  |  |  | **<u>Value†</u>** |
|  SECURITIES LENDING COLLATERAL — (3.5%) | SECURITIES LENDING COLLATERAL — (3.5%) | SECURITIES LENDING COLLATERAL — (3.5%) | SECURITIES LENDING COLLATERAL — (3.5%) |
|  @§ The DFA Short Term Investment Fund | @§ The DFA Short Term Investment Fund | 9793739 | 113264586 |
|  TOTAL INVESTMENTS — (100.0%)<br>(Cost $3,180,492,197) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $3,180,492,197) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $3,180,492,197) | $3251393637 |

---

As of April 30, 2025, DFA International Real Estate Securities Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration<br>Date** | **Notional**<br>**Value** | **Market**<br>**Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Position Contracts:** |  |  |  |  |  |
|  S&P 500<sup>®</sup> Emini Index | 69 | 06/20/25 | $19543707 | $19275150 | $(268557) |
|  **Total Futures Contracts** |  |  | $**19543707** | $**19275150** | $**(268557)** |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO** 

**CONTINUED** 

As of April 30, 2025, the value of Rule 144A securities amounted to $26,958,131 or 0.8% of net assets.

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 1**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 2**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 3**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total**  |
|  **Assets** |  |  |  |  |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Australia |  | $736138416 | $26908 | $736165324 |
| &nbsp;&nbsp;&nbsp;&nbsp; Belgium |  | 130006859 |  | 130006859 |
| &nbsp;&nbsp;&nbsp;&nbsp; Canada | $132621160 |  |  | 132621160 |
| &nbsp;&nbsp;&nbsp;&nbsp; France |  | 208899647 |  | 208899647 |
| &nbsp;&nbsp;&nbsp;&nbsp; Germany |  | 5078353 |  | 5078353 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hong Kong |  | 105318337 |  | 105318337 |
| &nbsp;&nbsp;&nbsp;&nbsp; India |  | 6551274 |  | 6551274 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ireland |  | 4857083 |  | 4857083 |
| &nbsp;&nbsp;&nbsp;&nbsp; Italy |  | 1403646 |  | 1403646 |
| &nbsp;&nbsp;&nbsp;&nbsp; Japan |  | 674974191 |  | 674974191 |
| &nbsp;&nbsp;&nbsp;&nbsp; Malaysia |  | 24601753 |  | 24601753 |
| &nbsp;&nbsp;&nbsp;&nbsp; Mexico | 83731880 |  |  | 83731880 |
| &nbsp;&nbsp;&nbsp;&nbsp; Netherlands |  | 21544577 |  | 21544577 |
| &nbsp;&nbsp;&nbsp;&nbsp; New Zealand |  | 45058620 |  | 45058620 |
| &nbsp;&nbsp;&nbsp;&nbsp; Philippines |  | 2392631 |  | 2392631 |
| &nbsp;&nbsp;&nbsp;&nbsp; Saudi Arabia |  | 3762447 |  | 3762447 |
| &nbsp;&nbsp;&nbsp;&nbsp; Singapore |  | 345005601 | 92933 | 345098534 |
| &nbsp;&nbsp;&nbsp;&nbsp; South Africa |  | 71762567 |  | 71762567 |
| &nbsp;&nbsp;&nbsp;&nbsp; South Korea |  | 17318659 |  | 17318659 |
| &nbsp;&nbsp;&nbsp;&nbsp; Spain |  | 42792700 |  | 42792700 |
| &nbsp;&nbsp;&nbsp;&nbsp; Taiwan |  | 9074158 |  | 9074158 |
| &nbsp;&nbsp;&nbsp;&nbsp; Thailand |  | 2462667 |  | 2462667 |
| &nbsp;&nbsp;&nbsp;&nbsp; Turkey |  | 21097761 |  | 21097761 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Kingdom |  | 441554223 |  | 441554223 |
|  Securities Lending Collateral |  | 113264586 |  | 113264586 |
|  Total Investments in Securities | $216353040 | $3034920756 | $119,841<> | $3251393637 |
|  **Financial Instruments** |  |  |  |  |
|  **Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts\*\* | (268557) |  |  | (268557) |
|  Total Financial Instruments | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(268557) |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(268557) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\*\* Valued at the unrealized appreciation/(depreciation) on the investment.

---

| | |
|:---|:---|
| <> | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.  |

---

See accompanying Notes to Financial Statements.

------

##### [**Table of Contents**](#toc)
**DFA GLOBAL REAL ESTATE SECURITIES PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
|  COMMON STOCKS — (71.2%) | COMMON STOCKS — (71.2%) | COMMON STOCKS — (71.2%) | COMMON STOCKS — (71.2%) |
|  UNITED STATES — (71.2%) | UNITED STATES — (71.2%) | UNITED STATES — (71.2%) | UNITED STATES — (71.2%) |
|  # | Acadia Realty Trust | 464704 | $8875846 |
|  # | Agree Realty Corp. | 413913 | 32123788 |
|  | Alexander & Baldwin, Inc. | 6590 | 113216 |
|  | Alexander's, Inc. | 8949 | 1847074 |
|  | Alexandria Real Estate Equities, Inc. | 620080 | 45055013 |
|  | Alpine Income Property Trust, Inc. | 51332 | 793079 |
|  | American Assets Trust, Inc. | 195290 | 3657782 |
|  | American Homes 4 Rent, Class A | 1296549 | 48477967 |
|  | American Tower Corp. | 1825796 | 411552676 |
|  | Americold Realty Trust, Inc. | 1063083 | 20560025 |
|  | Apartment Investment & Management Co., Class A | 514748 | 4071657 |
|  | Apple Hospitality REIT, Inc. | 858361 | 10102909 |
|  | AvalonBay Communities, Inc. | 545603 | 114565718 |
|  # | Bluerock Homes Trust, Inc. | 14660 | 149243 |
|  | Braemar Hotels & Resorts, Inc. | 258414 | 483234 |
|  # | Brandywine Realty Trust | 698094 | 2764452 |
|  | Brixmor Property Group, Inc. | 1201694 | 29934198 |
|  | Broadstone Net Lease, Inc. | 729627 | 11805365 |
|  | BRT Apartments Corp. | 46308 | 716385 |
|  | BXP, Inc. | 576022 | 36709882 |
|  | Camden Property Trust | 410350 | 46697830 |
|  | CareTrust REIT, Inc. | 674197 | 19733746 |
|  | CBL & Associates Properties, Inc. | 15536 | 364630 |
|  | Centerspace | 64107 | 3869499 |
|  | Chatham Lodging Trust | 184657 | 1268594 |
|  | City Office REIT, Inc. | 199503 | 1013475 |
|  | Clipper Realty, Inc. | 24998 | 89993 |
|  | Community Healthcare Trust, Inc. | 111113 | 1897810 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
|  UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) |
|  | COPT Defense Properties | 440030 | $11489183 |
|  | Cousins Properties, Inc. | 657966 | 18120384 |
|  | Crown Castle, Inc. | 1650382 | 174544400 |
|  # | CTO Realty Growth, Inc. | 106315 | 1942375 |
|  | CubeSmart | 896519 | 36461428 |
|  | Curbline Properties Corp. | 370715 | 8485666 |
|  | DiamondRock Hospitality Co. | 793999 | 5827953 |
|  | Digital Realty Trust, Inc. | 1322130 | 212254750 |
|  | Diversified Healthcare Trust | 706766 | 1597291 |
|  # | Douglas Emmett, Inc. | 662570 | 9163343 |
|  # | Easterly Government Properties, Inc. | 160847 | 3244280 |
|  | EastGroup Properties, Inc. | 199444 | 32593139 |
|  | Elme Communities | 347903 | 5416850 |
|  | Empire State Realty Trust, Inc., Class A | 546941 | 3894220 |
|  # | EPR Properties | 298989 | 14796966 |
|  | Equinix, Inc. | 378196 | 325532207 |
|  | Equity LifeStyle Properties, Inc. | 690059 | 44702022 |
|  | Equity Residential | 1337975 | 94006124 |
|  # | Essential Properties Realty Trust, Inc. | 743446 | 23916658 |
|  | Essex Property Trust, Inc. | 250188 | 69839980 |
|  | Extra Space Storage, Inc. | 799999 | 117215884 |
|  | Federal Realty Investment Trust | 301079 | 28307448 |
|  | First Industrial Realty Trust, Inc. | 515502 | 24527585 |
|  # | Four Corners Property Trust, Inc. | 385710 | 10780595 |
|  | Franklin Street Properties Corp. | 380388 | 601013 |
|  | Gaming & Leisure Properties, Inc. | 1049904 | 50248405 |
|  # | Getty Realty Corp. | 205098 | 5740693 |
|  | Gladstone Commercial Corp. | 172580 | 2438555 |

---

------

##### [**Table of Contents**](#toc)
**DFA GLOBAL REAL ESTATE SECURITIES PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
|  UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) |
|  | Global Medical REIT, Inc. | 248393 | $1922562 |
|  # | Global Net Lease, Inc. | 768316 | 5800782 |
|  | Healthcare Realty Trust, Inc. | 1301912 | 20218693 |
|  | Healthpeak Properties, Inc. | 2739565 | 48873843 |
|  # | Highwoods Properties, Inc. | 406690 | 11566264 |
|  | Host Hotels & Resorts, Inc. | 2702131 | 38154090 |
|  | Hudson Pacific Properties, Inc. | 497143 | 1019143 |
|  # | Independence Realty Trust, Inc. | 879137 | 17081632 |
|  | Industrial Logistics Properties Trust | 263014 | 689097 |
|  | Innovative Industrial Properties, Inc. | 93503 | 5078148 |
|  # | InvenTrust Properties Corp. | 214616 | 5979202 |
|  # | Invitation Homes, Inc. | 2277934 | 77882563 |
|  | Iron Mountain, Inc. | 1096289 | 98304235 |
|  # | JBG SMITH Properties | 312901 | 4374356 |
|  # | Kilroy Realty Corp. | 434522 | 13691788 |
|  | Kimco Realty Corp. | 2648395 | 52914935 |
|  | Kite Realty Group Trust | 861046 | 18641646 |
|  # | Lamar Advertising Co., Class A | 337417 | 38401429 |
|  | LTC Properties, Inc. | 178987 | 6420264 |
|  | LXP Industrial Trust | 1140734 | 9000391 |
|  | Macerich Co. | 902621 | 13232424 |
|  # | Medical Properties Trust, Inc. | 2103233 | 11609846 |
|  # | Mid-America Apartment Communities, Inc. | 448305 | 71571893 |
|  | Modiv Industrial, Inc. | 4584 | 75086 |
|  # | National Health Investors, Inc. | 180392 | 13650263 |
|  | National Storage Affiliates Trust | 274807 | 10222820 |
|  \* | NET Lease Office Properties | 58041 | 1754579 |
|  # | NETSTREIT Corp. | 316034 | 5141873 |
|  | NexPoint Residential Trust, Inc. | 88222 | 3288916 |
|  # | NNN REIT, Inc. | 732027 | 30093630 |
|  # | Office Properties Income Trust | 118660 | 48651 |
|  | Omega Healthcare Investors, Inc. | 1118909 | 43693396 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
|  UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) |
|  | One Liberty Properties, Inc. | 72451 | $1767804 |
|  # | Orion Properties, Inc. | 243170 | 445001 |
|  # | Outfront Media, Inc. | 554062 | 8382956 |
|  | Paramount Group, Inc. | 692525 | 2970932 |
|  | Park Hotels & Resorts, Inc. | 799040 | 7942458 |
|  # | Peakstone Realty Trust | 4732 | 54465 |
|  # | Pebblebrook Hotel Trust | 453684 | 4105840 |
|  # | Phillips Edison & Co., Inc. | 333269 | 11564434 |
|  | Piedmont Office Realty Trust, Inc., Class A | 484189 | 2861557 |
|  | Plymouth Industrial REIT, Inc. | 164074 | 2439780 |
|  | Postal Realty Trust, Inc., Class A | 89485 | 1184781 |
|  | Prologis, Inc. | 3569808 | 364834378 |
|  | Public Storage | 592450 | 177989754 |
|  | Realty Income Corp. | 3402840 | 196888313 |
|  # | Regency Centers Corp. | 659355 | 47592244 |
|  | Rexford Industrial Realty, Inc. | 897928 | 29721417 |
|  # | RLJ Lodging Trust | 608809 | 4267751 |
|  | Ryman Hospitality Properties, Inc. | 223833 | 19686112 |
|  | Sabra Health Care REIT, Inc. | 936590 | 16718132 |
|  | Saul Centers, Inc. | 52799 | 1726527 |
|  | SBA Communications Corp. | 393718 | 95830961 |
|  | Service Properties Trust | 649760 | 1169568 |
|  | Sila Realty Trust, Inc. | 12211 | 314555 |
|  | Simon Property Group, Inc. | 1243770 | 195744523 |
|  | SITE Centers Corp. | 187357 | 2218307 |
|  # | SL Green Realty Corp. | 271052 | 14260046 |
|  | STAG Industrial, Inc. | 697967 | 23053850 |
|  | Summit Hotel Properties, Inc. | 441389 | 1796453 |
|  | Sun Communities, Inc. | 498454 | 62022631 |
|  | Sunstone Hotel Investors, Inc. | 817791 | 6820377 |
|  # | Tanger, Inc. | 417005 | 13139828 |
|  # | Terreno Realty Corp. | 395343 | 22269671 |
|  | UDR, Inc. | 1223626 | 51245457 |
|  | UMH Properties, Inc. | 300261 | 5305612 |
|  | Uniti Group, Inc. | 972700 | 4785684 |
|  | Universal Health Realty Income Trust | 52018 | 1987608 |

---

------

##### [**Table of Contents**](#toc)
**DFA GLOBAL REAL ESTATE SECURITIES PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** | **Value†** |
|  UNITED STATES — (Continued) | UNITED STATES — (Continued) |  |  |  |
|  | Urban Edge Properties | 496214 | $| 8966587 |
|  | Ventas, Inc. | 1679912 |  | 117728233 |
|  | Veris Residential, Inc. | 330414 |  | 5128025 |
|  | VICI Properties, Inc. | 4137595 |  | 132485792 |
|  # | Vornado Realty Trust | 633735 |  | 22358171 |
|  | Welltower, Inc. | 2387633 |  | 364328919 |
|  | Whitestone REIT | 177380 |  | 2313035 |
|  | WP Carey, Inc. | 849349 |  | 53033352 |
|  | Xenia Hotels & Resorts, Inc. | 396811 |  | 4237941 |
|  TOTAL UNITED STATES | TOTAL UNITED STATES |  |  | 4993072745 |
|  AFFILIATED INVESTMENT COMPANIES — (26.1%) | AFFILIATED INVESTMENT COMPANIES — (26.1%) | AFFILIATED INVESTMENT COMPANIES — (26.1%) | AFFILIATED INVESTMENT COMPANIES — (26.1%) | AFFILIATED INVESTMENT COMPANIES — (26.1%) |
|  UNITED STATES — (26.1%) | UNITED STATES — (26.1%) |  |  |  |
|  | Investment in DFA International Real Estate Securities Portfolio | 509823919 |  | 1835366110 |
|  TOTAL INVESTMENT SECURITIES<br>(Cost $6,238,731,989) | TOTAL INVESTMENT SECURITIES<br>(Cost $6,238,731,989) | TOTAL INVESTMENT SECURITIES<br>(Cost $6,238,731,989) |  | 6828438855 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
|  SECURITIES LENDING COLLATERAL — (2.7%) | SECURITIES LENDING COLLATERAL — (2.7%) | SECURITIES LENDING COLLATERAL — (2.7%) | SECURITIES LENDING COLLATERAL — (2.7%) |
|  @§ | The DFA Short Term Investment Fund | 16184909 | $187178475 |
|  TOTAL INVESTMENTS — (100.0%)<br>(Cost $6,425,932,369) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $6,425,932,369) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $6,425,932,369) | $7015617330 |

---

As of April 30, 2025, DFA Global Real Estate Securities Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration<br>Date** | **Notional<br>Value** | **Market<br>Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Position Contracts:** |  |  |  |  |  |
|  S&P 500<sup>®</sup> Emini Index | 135 | 06/20/25 | $37642501 | $37712250 | $69749 |
|  **Total Futures Contracts** |  |  | $**37642501** | $**37712250** | **$69749** |

---

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 1**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 2**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 3**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total**  |
|  **Assets** |  |  |  |  |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; United States | $4993072745 |  |  | $4993072745 |
|  Affiliated Investment Company | 1835366110 |  |  | 1835366110 |
|  Securities Lending Collateral |  | $187178475 |  | 187178475 |
|  Total Investments in Securities | $6828438855 | $187178475 |  | $7015617330 |

---

------

##### [**Table of Contents**](#toc)
**DFA GLOBAL REAL ESTATE SECURITIES PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 1**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 2**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 3**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total**  |
|  **Financial Instruments** |  |  |  |  |
|  **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts\*\* | $69749 |  |  | $69749 |
|  Total Financial Instruments | $69749 |  |  | $69749 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\*\* Valued at the unrealized appreciation/(depreciation) on the investment.

See accompanying Notes to Financial Statements.

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COMMON STOCKS — (95.3%) | COMMON STOCKS — (95.3%) | COMMON STOCKS — (95.3%) | COMMON STOCKS — (95.3%) |
|  AUSTRALIA — (6.4%) | AUSTRALIA — (6.4%) | AUSTRALIA — (6.4%) | AUSTRALIA — (6.4%) |
|  | Acrow Ltd. | 119 | $79 |
|  # | Adairs Ltd. | 1201824 | 1817536 |
|  \* | Ainsworth Game Technology Ltd. | 814002 | 499306 |
|  #\* | Alkane Resources Ltd. | 4824532 | 2482556 |
|  \* | Alliance Aviation Services Ltd. | 74296 | 130479 |
|  # | Amotiv Ltd. | 1119991 | 5553627 |
|  | AMP Ltd. | 11363700 | 9385917 |
|  \* | Amplitude Energy Ltd. | 27055284 | 3200883 |
|  | Ansell Ltd. | 1390338 | 26971928 |
|  \* | Appen Ltd. | 850929 | 436744 |
|  # | ARN Media Ltd. | 1105243 | 395926 |
|  \* | Aurelia Metals Ltd. | 4002794 | 753470 |
|  \* | Austal Ltd. | 5842051 | 19793055 |
|  #\* | Australian Agricultural Co. Ltd. | 1881785 | 1725363 |
|  #\* | AVJennings Ltd. | 1640643 | 677515 |
|  # | Bank of Queensland Ltd. | 8158009 | 38969708 |
|  | Bapcor Ltd. | 1132305 | 3679004 |
|  \* | BCI Minerals Ltd. | 1592254 | 280715 |
|  | Beach Energy Ltd. | 23090859 | 17381146 |
|  | Bega Cheese Ltd. | 414162 | 1498182 |
|  | Bell Financial Group Ltd. | 49868 | 40899 |
|  # | Brickworks Ltd. | 1099562 | 17712140 |
|  | Capral Ltd. | 28874 | 187576 |
|  # | Cedar Woods Properties Ltd. | 895353 | 3210634 |
|  | Challenger Ltd. | 3667708 | 16618987 |
|  # | Champion Iron Ltd. | 969283 | 2833474 |
|  # | Corporate Travel Management Ltd. | 624794 | 5102135 |
|  | Credit Corp. Group Ltd. | 579936 | 5018164 |
|  #\* | Develop Global Ltd. | 152290 | 315951 |
|  | Domain Holdings Australia Ltd. | 541253 | 1488212 |
|  | Downer EDI Ltd. | 10673231 | 38975125 |
|  | Dyno Nobel Ltd. | 4962026 | 7202883 |
|  \*†† | Elanor Investor Group | 68066 | 27032 |
|  | Elders Ltd. | 1723711 | 6981978 |
|  #\* | Emeco Holdings Ltd. | 4060392 | 1980475 |
|  | EQT Holdings Ltd. | 26105 | 542508 |
|  | EVT Ltd. | 551193 | 4962028 |
|  #\* | Fenix Resources Ltd. | 543160 | 98801 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Finbar Group Ltd. | 11796 | $5792 |
|  #\* | FleetPartners Group Ltd. | 3738029 | 6669959 |
|  | Fleetwood Ltd. | 1025477 | 1909219 |
|  | G8 Education Ltd. | 10993279 | 8838871 |
|  | Gold Road Resources Ltd. | 325295 | 631118 |
|  | GrainCorp Ltd., Class A | 4664869 | 19860891 |
|  | Grange Resources Ltd. | 3512315 | 450158 |
|  | GWA Group Ltd. | 1416244 | 2152816 |
|  | Harvey Norman Holdings Ltd. | 3959547 | 13238152 |
|  \* | Healius Ltd. | 11314570 | 10534183 |
|  | Helia Group Ltd. | 6335205 | 19635379 |
|  # | Humm Group Ltd. | 5684219 | 1858362 |
|  # | IGO Ltd. | 1810277 | 4535821 |
|  | Iluka Resources Ltd. | 3368862 | 8925459 |
|  | Imdex Ltd. | 659125 | 1246929 |
|  \* | Insignia Financial Ltd. | 7324101 | 17648499 |
|  | Integral Diagnostics Ltd. | 188079 | 290855 |
|  #\* | ioneer Ltd. | 673185 | 62360 |
|  | IVE Group Ltd. | 1517990 | 2560493 |
|  \* | Judo Capital Holdings Ltd. | 2429863 | 2770324 |
|  # | Jupiter Mines Ltd. | 6770811 | 649160 |
|  # | Karoon Energy Ltd. | 6379230 | 5872388 |
|  # | Kelsian Group Ltd. | 1039515 | 1805977 |
|  | Lendlease Corp. Ltd. | 1629099 | 5489275 |
|  | Lifestyle Communities Ltd. | 81165 | 370749 |
|  | Maas Group Holdings Ltd. | 6892 | 17452 |
|  # | Macmahon Holdings Ltd. | 9705543 | 1682476 |
|  # | Magellan Financial Group Ltd. | 2233677 | 10950713 |
|  \* | McPherson's Ltd. | 447376 | 75730 |
|  #\* | Metals X Ltd. | 2004935 | 724954 |
|  #\* | Michael Hill International Ltd. (MHJ AU) | 340566 | 87172 |
|  # | Monash IVF Group Ltd. | 4930606 | 2654611 |
|  #\* | Mount Gibson Iron Ltd. | 7614109 | 1512923 |
|  | Myer Holdings Ltd. | 9269185 | 4276153 |
|  # | MyState Ltd. | 1067051 | 2665374 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Navigator Global Investments Ltd. | 2024916 | $2269714 |
|  # | New Hope Corp. Ltd. | 6119187 | 14354705 |
|  | Nickel Industries Ltd. | 23350581 | 8432386 |
|  | Nine Entertainment Co. Holdings Ltd. | 10485277 | 9609338 |
|  | NRW Holdings Ltd. | 6437012 | 11157144 |
|  | Nufarm Ltd. | 4544732 | 11220352 |
|  #\* | OFX Group Ltd. | 42259 | 30639 |
|  \* | OM Holdings Ltd. | 97211 | 20160 |
|  | oOh!media Ltd. | 4147180 | 4063097 |
|  | Orora Ltd. | 3175430 | 3679123 |
|  # | Pacific Current Group Ltd. | 70198 | 498933 |
|  \* | Pantoro Gold Ltd. | 40161 | 74860 |
|  # | Peet Ltd. | 2992766 | 2724890 |
|  | Perenti Ltd. | 6475582 | 5663305 |
|  # | Perpetual Ltd. | 408174 | 4336154 |
|  | Perseus Mining Ltd. | 20936943 | 44872260 |
|  # | Peter Warren Automotive Holdings Ltd. | 196341 | 180126 |
|  #\* | PEXA Group Ltd. | 587906 | 4529810 |
|  # | Platinum Asset Management Ltd. | 363165 | 132264 |
|  # | Ramelius Resources Ltd. | 10472649 | 17623429 |
|  \* | Regis Resources Ltd. | 11870980 | 34320047 |
|  # | Reject Shop Ltd. | 363366 | 1516809 |
|  | Reliance Worldwide Corp. Ltd. | 5734006 | 15414592 |
|  \* | Resolute Mining Ltd. | 38389103 | 12531655 |
|  #\* | Retail Food Group Ltd. | 11013 | 12342 |
|  # | Ridley Corp. Ltd. | 3728767 | 5636477 |
|  \* | Sandfire Resources Ltd. | 7717862 | 49154201 |
|  \* | Select Harvests Ltd. | 516311 | 1692530 |
|  # | Servcorp Ltd. | 246475 | 796842 |
|  | Service Stream Ltd. | 6502857 | 7788347 |
|  #\* | Seven West Media Ltd. | 166755 | 14924 |
|  | Shaver Shop Group Ltd. | 1334931 | 1088023 |
|  | Sims Ltd. (SGM AU) | 2897689 | 27047015 |
|  # | Solvar Ltd. | 2673299 | 2773449 |
|  | Southern Cross Electrical Engineering Ltd. | 111445 | 133654 |
|  #\* | Southern Cross Media Group Ltd. | 1793335 | 765865 |
|  \*†† | SpeedCast International Ltd. | 59723 | 0 |
|  | SRG Global Ltd. | 985005 | 815264 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  \* | St Barbara Ltd. | 1134880 | $| 210618 |
|  | Stanmore Resources Ltd. | 1312156 |  | 1629839 |
|  #\* | Star Entertainment Group Ltd. | 3880902 |  | 257908 |
|  \* | Strike Energy Ltd. | 248464 |  | 27087 |
|  | Super Retail Group Ltd. | 1098423 |  | 9420433 |
|  \* | Superloop Ltd. | 2521151 |  | 4031972 |
|  | Tabcorp Holdings Ltd. | 19036474 |  | 6784993 |
|  | Ten Sixty Four Ltd. | 500279 |  | 35250 |
|  \* | Vault Minerals Ltd. | 41473465 |  | 11412231 |
|  W | Viva Energy Group Ltd. | 2344727 |  | 2578086 |
|  \* | Webjet Group Ltd. | 276639 |  | 113317 |
|  \* | West African Resources Ltd. | 6881484 |  | 10531497 |
|  | Westgold Resources Ltd. | 5901076 |  | 11210430 |
|  # | Whitehaven Coal Ltd. | 5383507 |  | 17220417 |
|  TOTAL AUSTRALIA | TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 794031691 |
|  AUSTRIA — (0.9%) | AUSTRIA — (0.9%) | AUSTRIA — (0.9%) | AUSTRIA — (0.9%) | AUSTRIA — (0.9%) |
|  | Agrana Beteiligungs AG | 281241 |  | 3788807 |
|  \* | ams-OSRAM AG | 455686 |  | 4045353 |
|  W | BAWAG Group AG | 223517 |  | 24499251 |
|  | EVN AG | 39625 |  | 1036955 |
|  | Kontron AG | 10262 |  | 249367 |
|  | Mayr Melnhof Karton AG | 1221 |  | 113129 |
|  | Oberbank AG | 17472 |  | 1389347 |
|  | Palfinger AG | 1225 |  | 39927 |
|  | Porr AG | 79232 |  | 2774361 |
|  | Schoeller-Bleckmann Oilfield Equipment AG | 22895 |  | 813500 |
|  | Semperit AG Holding | 37270 |  | 551942 |
|  | Telekom Austria AG | 28485 |  | 300911 |
|  | UNIQA Insurance Group AG | 292676 |  | 3391433 |
|  | Vienna Insurance Group AG Wiener Versicherung Gruppe | 464379 |  | 22086986 |
|  | voestalpine AG | 1352327 |  | 35636588 |
|  | Wienerberger AG | 198066 |  | 6954472 |
|  | Zumtobel Group AG | 228460 |  | 1198143 |
|  TOTAL AUSTRIA | TOTAL AUSTRIA | TOTAL AUSTRIA |  | 108870472 |
|  BELGIUM — (1.4%) | BELGIUM — (1.4%) | BELGIUM — (1.4%) | BELGIUM — (1.4%) | BELGIUM — (1.4%) |
|  | Ackermans & van Haaren NV | 307188 |  | 75134300 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) |
|  #\* | AGFA-Gevaert NV | 598041 | $| 621162 |
|  | Bekaert SA | 882197 |  | 34040836 |
|  # | bpost SA | 673769 |  | 1080525 |
|  | Cie d'Entreprises CFE | 51813 |  | 451875 |
|  # | Deceuninck NV | 1520442 |  | 3690331 |
|  | Deme Group NV | 2874 |  | 430802 |
|  | Econocom Group SA NV | 23550 |  | 48838 |
|  \* | Galapagos NV (GLPG BB) | 129461 |  | 3525256 |
|  \* | Galapagos NV (GLPG NA) | 15694 |  | 427352 |
|  | Gimv NV | 267575 |  | 12048829 |
|  | Greenyard NV | 71122 |  | 575094 |
|  \* | Ontex Group NV | 308717 |  | 2534329 |
|  | Proximus SADP | 1748257 |  | 13427707 |
|  # | Recticel SA | 303819 |  | 3678992 |
|  | Roularta Media Group NV | 392 |  | 6820 |
|  | Sipef NV | 89430 |  | 6503189 |
|  | Syensqo SA | 7978 |  | 570689 |
|  # | Tessenderlo Group SA | 187068 |  | 5536871 |
|  | Umicore SA | 20284 |  | 184382 |
|  # | VGP NV | 29720 |  | 2749881 |
|  | Viohalco SA | 35319 |  | 219778 |
|  #\*W | X-Fab Silicon Foundries SE | 107742 |  | 600763 |
|  TOTAL BELGIUM | TOTAL BELGIUM | TOTAL BELGIUM |  | 168088601 |
|  CANADA — (10.2%) | CANADA — (10.2%) | CANADA — (10.2%) | CANADA — (10.2%) | CANADA — (10.2%) |
|  | Acadian Timber Corp. | 113277 |  | 1419044 |
|  \* | ACT Energy Technologies Ltd. | 4600 |  | 16183 |
|  | ADENTRA, Inc. | 128636 |  | 2520280 |
|  \* | Advantage Energy Ltd. | 3113898 |  | 22113058 |
|  | Aecon Group, Inc. | 1093289 |  | 12799713 |
|  # | AGF Management Ltd., Class B | 1244132 |  | 9259244 |
|  #\* | Aimia, Inc. | 25469 |  | 48034 |
|  | Alamos Gold, Inc. (AGI US), Class A | 3733195 |  | 106470722 |
|  | Alaris Equity Partners Income | 253919 |  | 3569527 |
|  | Algoma Central Corp. | 307731 |  | 3437587 |
|  | Algoma Steel Group, Inc. (ASTL CN) | 3600 |  | 18436 |
|  | Algoma Steel Group, Inc. (ASTL US) | 12299 |  | 62909 |
|  | Andrew Peller Ltd., Class A | 24665 |  | 79974 |
|  #\* | AutoCanada, Inc. | 4900 |  | 55412 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | B2Gold Corp. (BTG US) | 9175862 | $28536931 |
|  | B2Gold Corp. (BTO CN) | 2133941 | 6671468 |
|  # | Baytex Energy Corp. | 4534540 | 7006072 |
|  # | Birchcliff Energy Ltd. | 6319209 | 25806722 |
|  | Black Diamond Group Ltd. | 844546 | 4986656 |
|  \* | Bonterra Energy Corp. | 226998 | 521967 |
|  \* | Calfrac Well Services Ltd. | 8902 | 21374 |
|  | Canaccord Genuity Group, Inc. | 1167257 | 7154593 |
|  # | Canadian Tire Corp. Ltd., Class A | 28157 | 3081625 |
|  #\* | Canfor Corp. | 58720 | 560962 |
|  #\* | Capstone Copper Corp. | 1457466 | 7019857 |
|  # | Cardinal Energy Ltd. | 1517294 | 6317472 |
|  | Cascades, Inc. | 1448460 | 9277457 |
|  | Centerra Gold, Inc. | 4732946 | 31688011 |
|  | CES Energy Solutions Corp. | 1133633 | 4999629 |
|  \*†† | Chesswood Group Ltd. | 30800 | 7596 |
|  | China Gold International Resources Corp. Ltd. (CGG CN) | 2929933 | 18298798 |
|  # | Cogeco Communications, Inc. | 163456 | 8038820 |
|  | Cogeco, Inc. | 63118 | 2935678 |
|  \* | Conifex Timber, Inc. | 21950 | 5334 |
|  \* | Corus Entertainment, Inc., Class B | 30781 | 2121 |
|  # | dentalcorp Holdings Ltd. | 185971 | 1134496 |
|  | Dexterra Group, Inc. | 191788 | 1193633 |
|  # | Doman Building Materials Group Ltd. | 769548 | 3840483 |
|  \* | Dorel Industries, Inc., Class B | 32301 | 38894 |
|  | DREAM Unlimited Corp., Class A | 232704 | 3208830 |
|  | Dundee Precious Metals, Inc. | 3010198 | 39456171 |
|  | E-L Financial Corp. Ltd. | 6259 | 6139141 |
|  #\* | Eldorado Gold Corp. (EGO US) | 2440920 | 45986933 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  \* | Eldorado Gold Corp. (ELD CN) | 878170 | $16523814 |
|  | Enerflex Ltd. (EFX CN) | 212839 | 1392578 |
|  | Enerflex Ltd. (EFXT US) | 123948 | 811859 |
|  \* | Ensign Energy Services, Inc. | 993880 | 1297682 |
|  \* | Enterprise Group, Inc. | 32142 | 29144 |
|  # | EQB, Inc. | 470482 | 32526940 |
|  #\* | Equinox Gold Corp. (EQX CN) | 1104359 | 7425945 |
|  \* | Equinox Gold Corp. (EQX US) | 4717450 | 31606915 |
|  | Exco Technologies Ltd. | 366066 | 1513547 |
|  | Firm Capital Mortgage Investment Corp. | 184532 | 1584839 |
|  | First Majestic Silver Corp. (AG US) | 169701 | 1062328 |
|  | First Majestic Silver Corp. (FR CN) | 1837 | 11473 |
|  #\* | Fortuna Mining Corp. (FSM US) | 3353077 | 20956731 |
|  \* | Fortuna Mining Corp. (FVI CN) | 1767913 | 11028617 |
|  | Frontera Energy Corp. | 316478 | 1143233 |
|  \* | GoGold Resources, Inc. | 20200 | 25935 |
|  \* | GoldMoney, Inc. | 1640 | 9493 |
|  \* | Gran Tierra Energy, Inc. (GTE CN) | 165403 | 734270 |
|  | Guardian Capital Group Ltd., Class A | 94821 | 2768421 |
|  \*†† | Hanfeng Evergreen, Inc. | 707267 | 0 |
|  | High Liner Foods, Inc. | 264996 | 3256225 |
|  | Hudbay Minerals, Inc. (HBM US) | 5372917 | 39061107 |
|  #\* | IAMGOLD Corp. (IAG US) | 2976603 | 21074349 |
|  \* | IAMGOLD Corp. (IMG CN) | 5831573 | 41327773 |
|  | InPlay Oil Corp. | 2900 | 14641 |
|  \* | Interfor Corp. | 684427 | 6593059 |
|  \* | International Petroleum Corp. (IPCO CN) | 52912 | 704294 |
|  #\* | International Petroleum Corp. (IPCO SS) | 1498526 | 20476815 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  \* | Kelt Exploration Ltd. | 1604413 | $6505633 |
|  \* | Knight Therapeutics, Inc. | 895363 | 3948794 |
|  | KP Tissue, Inc. | 7820 | 45323 |
|  | Lassonde Industries, Inc., Class A | 14770 | 2220535 |
|  | Laurentian Bank of Canada | 553052 | 10975992 |
|  | Leon's Furniture Ltd. | 3558 | 59360 |
|  #\*†† | Lightstream Resources Ltd. | 2048004 | 0 |
|  | Linamar Corp. | 927904 | 34050967 |
|  \* | Lucara Diamond Corp. | 42000 | 10663 |
|  | Magellan Aerospace Corp. | 115651 | 1140906 |
|  #\* | Major Drilling Group International, Inc. | 242859 | 1536146 |
|  \* | Mandalay Resources Corp. | 8398 | 32773 |
|  | Martinrea International, Inc. | 1855562 | 9879461 |
|  #\* | Mattr Corp. | 386470 | 2668790 |
|  \* | MDA Space Ltd. | 13 | 254 |
|  # | MEG Energy Corp. | 2510750 | 35222621 |
|  | Melcor Developments Ltd. | 143909 | 1262048 |
|  | Methanex Corp. (MEOH US) | 316854 | 9914362 |
|  | Methanex Corp. (MX CN) | 71170 | 2230193 |
|  # | MTY Food Group, Inc. | 100369 | 3157554 |
|  # | Mullen Group Ltd. | 1291316 | 12279960 |
|  | National Bank of Canada | 154683 | 13585552 |
|  | Neo Performance Materials, Inc. | 37026 | 301075 |
|  # | Northland Power, Inc. | 1754760 | 23840603 |
|  \* | NuVista Energy Ltd. | 2675239 | 22801435 |
|  #\* | Obsidian Energy Ltd. (OBE CN) | 94713 | 399160 |
|  \* | Obsidian Energy Ltd. (OBE US) | 395755 | 1666129 |
|  | OceanaGold Corp. | 11969224 | 42368934 |
|  | Onex Corp. | 270310 | 19138952 |
|  # | Paramount Resources Ltd., Class A | 793651 | 9009600 |
|  | Parex Resources, Inc. | 789257 | 6354818 |
|  # | Peyto Exploration & Development Corp. | 2874659 | 35990581 |
|  | Pizza Pizza Royalty Corp. | 525174 | 5447547 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Polaris Renewable Energy, Inc. | 316135 | $2744912 |
|  #\* | Precision Drilling Corp. (PD CN) | 141003 | 5899521 |
|  #\* | Precision Drilling Corp. (PDS US) | 98094 | 4092482 |
|  #\* | Quarterhill, Inc. | 300559 | 307405 |
|  | Russel Metals, Inc. | 702481 | 20382446 |
|  | Sandstorm Gold Ltd. (SAND US) | 403816 | 3513199 |
|  | Sandstorm Gold Ltd. (SSL CN) | 141640 | 1231876 |
|  \* | Saturn Oil & Gas, Inc. | 54000 | 60322 |
|  \* | SNDL, Inc. | 172438 | 256932 |
|  \* | Source Energy Services Ltd. | 7200 | 47422 |
|  \* | Spartan Delta Corp. | 62731 | 122859 |
|  W | Spin Master Corp. | 31452 | 556216 |
|  \* | SSR Mining, Inc. (SSRM CN) | 680335 | 7244541 |
|  #\*W | STEP Energy Services Ltd. | 81021 | 229205 |
|  | Superior Plus Corp. | 200351 | 1005679 |
|  | Supremex, Inc. | 16500 | 46079 |
|  # | Surge Energy, Inc. | 156390 | 529770 |
|  # | Tamarack Valley Energy Ltd. | 5164425 | 13373710 |
|  #\* | Tidewater Midstream & Infrastructure Ltd. | 728951 | 148053 |
|  # | Timbercreek Financial Corp. | 802554 | 4028488 |
|  \* | Torex Gold Resources, Inc. | 1145827 | 37110964 |
|  | Total Energy Services, Inc. | 546263 | 3510729 |
|  | Transcontinental, Inc., Class A | 1138170 | 15521251 |
|  \* | Valeura Energy, Inc. | 70505 | 384591 |
|  | Veren, Inc. (VRN CN) | 5878204 | 34793373 |
|  # | Veren, Inc. (VRN US) | 3538841 | 20914550 |
|  # | Vermilion Energy, Inc. (VET CN) | 151598 | 914910 |
|  | Vermilion Energy, Inc. (VET US) | 1028430 | 6201433 |
|  | VersaBank (VBNK CN) | 30729 | 340814 |
|  | VersaBank (VBNK US) | 4819 | 53395 |
|  \*†† | Victoria Gold Corp./Vancouver | 1811 | 236 |
|  | Wajax Corp. | 217583 | 2782525 |
|  \* | Well Health Technologies Corp. | 311772 | 895559 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  # | West Fraser Timber Co. Ltd. (WFG US) | 1407 | $| 104090 |
|  # | Whitecap Resources, Inc. | 9051495 |  | 51343892 |
|  \* | Yangarra Resources Ltd. | 297149 |  | 183212 |
|  TOTAL CANADA | TOTAL CANADA | TOTAL CANADA |  | 1259693236 |
|  DENMARK — (3.4%) | DENMARK — (3.4%) | DENMARK — (3.4%) | DENMARK — (3.4%) | DENMARK — (3.4%) |
|  | Alm Brand AS | 1551824 |  | 3677034 |
|  \* | Bavarian Nordic AS | 361502 |  | 8595182 |
|  #\* | Better Collective AS | 8970 |  | 118054 |
|  | D/S Norden AS | 425024 |  | 11574303 |
|  #\* | Dfds AS | 427722 |  | 5948468 |
|  | FLSmidth & Co. AS | 250415 |  | 11855204 |
|  | Foroya Banki P | 1339 |  | 35699 |
|  #\* | GN Store Nord AS | 521249 |  | 7869950 |
|  | H Lundbeck AS (HLUNA DC), Class A | 340188 |  | 1405084 |
|  | H Lundbeck AS (HLUNB DC) | 3249218 |  | 15549171 |
|  # | Harboes Bryggeri AS, Class B | 3226 |  | 71016 |
|  | Jyske Bank AS | 1071483 |  | 87881318 |
|  | Matas AS | 708493 |  | 14622779 |
|  #\* | Nilfisk Holding AS | 71693 |  | 949902 |
|  | Per Aarsleff Holding AS | 445276 |  | 35876442 |
|  | Rockwool AS, Class A | 20700 |  | 943872 |
|  W | Scandinavian Tobacco Group AS | 1129272 |  | 16437193 |
|  | Schouw & Co. AS | 351222 |  | 32013768 |
|  | Solar AS, Class B | 45278 |  | 1743258 |
|  \* | Spar Nord Bank AS | 1942097 |  | 62322952 |
|  | Sparekassen Sjaelland-Fyn AS | 85550 |  | 3697289 |
|  | Svitzer Group AS | 6434 |  | 269802 |
|  | Sydbank AS | 1514553 |  | 96992494 |
|  | UIE PLC | 129761 |  | 6202609 |
|  | Vestjysk Bank AS | 302567 |  | 197413 |
|  TOTAL DENMARK | TOTAL DENMARK | TOTAL DENMARK |  | 426850256 |
|  FINLAND — (2.1%) | FINLAND — (2.1%) | FINLAND — (2.1%) | FINLAND — (2.1%) | FINLAND — (2.1%) |
|  | Aktia Bank OYJ | 522843 |  | 5927366 |
|  | Aspo OYJ | 18087 |  | 106675 |
|  | Atria OYJ | 271974 |  | 3993638 |
|  #W | Enento Group OYJ | 11069 |  | 213741 |
|  # | Fiskars OYJ Abp | 229784 |  | 3818101 |
|  | Hiab OYJ | 597338 |  | 28422982 |
|  | HKFoods OYJ | 314909 |  | 417626 |
|  | Huhtamaki OYJ | 243028 |  | 8947730 |
|  | Kalmar OYJ, Class B | 597338 |  | 18924242 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) |
|  | Kemira OYJ | 2858140 | $| 58975045 |
|  | Konecranes OYJ | 136759 |  | 9162583 |
|  | Lassila & Tikanoja OYJ | 5811 |  | 62324 |
|  \* | Lindex Group OYJ | 86437 |  | 259430 |
|  # | Mandatum OYJ | 1710517 |  | 12089129 |
|  # | Metsa Board OYJ (METSB FH), Class B | 3628663 |  | 13248073 |
|  # | Nokian Renkaat OYJ | 978742 |  | 7785703 |
|  # | Oma Saastopankki OYJ | 34433 |  | 355675 |
|  # | Raisio OYJ, Class V | 1060391 |  | 2955603 |
|  \* | Rapala VMC OYJ | 27186 |  | 40066 |
|  | Sanoma OYJ | 81385 |  | 896550 |
|  | Stora Enso OYJ, Class R | 2656705 |  | 24676505 |
|  W | Terveystalo OYJ | 67039 |  | 931692 |
|  # | TietoEVRY OYJ | 1282537 |  | 22976688 |
|  # | Valmet OYJ | 946188 |  | 28890980 |
|  \* | YIT OYJ | 305499 |  | 891611 |
|  TOTAL FINLAND | TOTAL FINLAND | TOTAL FINLAND |  | 254969758 |
|  FRANCE — (3.7%) | FRANCE — (3.7%) | FRANCE — (3.7%) | FRANCE — (3.7%) | FRANCE — (3.7%) |
|  \* | 74Software SA | 4204 |  | 162201 |
|  | AKWEL SADIR | 156546 |  | 1310223 |
|  \* | Alstom SA | 613246 |  | 14809377 |
|  | Altamir | 311054 |  | 8147568 |
|  | Alten SA | 5268 |  | 446533 |
|  | Arkema SA | 484907 |  | 36865281 |
|  # | Assystem SA | 15684 |  | 681537 |
|  W | Ayvens SA | 143970 |  | 1459383 |
|  # | Beneteau SACA | 212391 |  | 1943144 |
|  | Bonduelle SCA | 157208 |  | 1470357 |
|  | Cie des Alpes | 374352 |  | 7366377 |
|  #\* | Clariane SE | 327845 |  | 1393052 |
|  | Coface SA | 1585175 |  | 32490943 |
|  | Derichebourg SA | 1420444 |  | 9770874 |
|  \*W | Elior Group SA | 641440 |  | 1943139 |
|  | Elis SA | 1478530 |  | 37952494 |
|  | Esso SA Francaise | 11613 |  | 1866712 |
|  | Etablissements Maurel et Prom SA | 814668 |  | 4193592 |
|  | Eurazeo SE | 347114 |  | 25380822 |
|  #\* | Eutelsat Communications SACA | 1155168 |  | 4717572 |
|  | Exel Industries SA, Class A | 525 |  | 20971 |
|  | Fnac Darty SA (FNAC FP) | 152572 |  | 5312299 |
|  | Forvia SE (FRVIA FP) | 775648 |  | 5991654 |
|  \* | Gaumont SA | 11739 |  | 1108074 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  | GL Events SACA | 172035 | $| 4289920 |
|  | Groupe Crit SA | 11019 |  | 850179 |
|  | Groupe SFPI | 140840 |  | 344747 |
|  # | Guerbet | 26129 |  | 594461 |
|  \* | Haulotte Group SA | 3462 |  | 10494 |
|  | Imerys SA | 374299 |  | 12503162 |
|  | IPSOS SA | 137689 |  | 6518841 |
|  | Jacquet Metals SACA | 302909 |  | 7124996 |
|  | LISI SA | 25690 |  | 804457 |
|  #W | Maisons du Monde SA | 136316 |  | 425051 |
|  # | Manitou BF SA | 43418 |  | 1001223 |
|  | Mersen SA | 324975 |  | 6965048 |
|  # | Metropole Television SA | 87431 |  | 1373791 |
|  #\* | Nexity SA | 305742 |  | 3205857 |
|  | Opmobility | 313130 |  | 3509321 |
|  | Quadient SA | 453208 |  | 8578724 |
|  | Rexel SA | 2119321 |  | 58882423 |
|  | Samse SACA | 990 |  | 158186 |
|  | Savencia SA | 113573 |  | 8601111 |
|  | SCOR SE | 2154010 |  | 67871099 |
|  | Seche Environnement SACA | 15608 |  | 1610137 |
|  \*W | SMCP SA | 117869 |  | 424922 |
|  | Societe BIC SA | 16376 |  | 1059552 |
|  | Societe LDC SADIR | 1778 |  | 154341 |
|  | Television Francaise 1 SA | 695478 |  | 6645608 |
|  | Trigano SA | 24398 |  | 2898391 |
|  \* | Ubisoft Entertainment SA | 342505 |  | 4035501 |
|  | Valeo SE | 1988654 |  | 19749655 |
|  | Vicat SACA | 263678 |  | 14764231 |
|  | VIEL & Cie SA | 16500 |  | 252844 |
|  \* | Viridien | 77395 |  | 4591657 |
|  #\* | Voltalia SA | 28566 |  | 236735 |
|  # | Vranken-Pommery Monopole SA | 17057 |  | 227128 |
|  TOTAL FRANCE | TOTAL FRANCE | TOTAL FRANCE |  | 457067972 |
|  GERMANY — (3.7%) | GERMANY — (3.7%) | GERMANY — (3.7%) | GERMANY — (3.7%) | GERMANY — (3.7%) |
|  | 1&1 AG | 476961 |  | 8475299 |
|  | 7C Solarparken AG | 287984 |  | 657283 |
|  | Aumann AG | 1944 |  | 31382 |
|  # | Aurubis AG | 388748 |  | 33941018 |
|  #\* | BayWa AG (BYW6 GR) | 207344 |  | 1902479 |
|  | Bijou Brigitte AG | 40027 |  | 1924424 |
|  | Bilfinger SE | 326658 |  | 27782233 |
|  # | Borussia Dortmund GmbH & Co. KGaA | 999172 |  | 3711533 |
|  | CANCOM SE (COK GR) | 106740 |  | 3277382 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  \* | Deutsche Beteiligungs AG | 174043 | $4974734 |
|  \*W | Deutsche Pfandbriefbank AG | 237979 | 1459616 |
|  | Deutz AG | 1903378 | 14778629 |
|  | Draegerwerk AG & Co. KGaA | 43618 | 2457956 |
|  | Duerr AG | 480437 | 11373783 |
|  | Elmos Semiconductor SE | 4744 | 323182 |
|  | ElringKlinger AG | 351323 | 1961216 |
|  | FORTEC Elektronik AG | 1354 | 23455 |
|  #\* | Fraport AG Frankfurt Airport Services Worldwide | 528951 | 35054412 |
|  | Freenet AG | 57538 | 2392609 |
|  | Gerresheimer AG | 117162 | 7949170 |
|  | Gesco SE | 117915 | 2154383 |
|  | Grenke AG | 224245 | 3437368 |
|  | H&R GmbH & Co. KGaA | 221764 | 1024202 |
|  \* | Heidelberger Druckmaschinen AG | 1428511 | 1966453 |
|  \* | HelloFresh SE | 433968 | 4518825 |
|  | Hornbach Holding AG & Co. KGaA | 146874 | 16536122 |
|  | HUGO BOSS AG | 14632 | 610291 |
|  | Indus Holding AG | 203480 | 5732267 |
|  W | Instone Real Estate Group SE | 5685 | 52585 |
|  | Jenoptik AG | 234685 | 4685441 |
|  W | JOST Werke SE | 29094 | 1637290 |
|  | K&S AG | 1431276 | 24964147 |
|  | KION Group AG | 999277 | 42525174 |
|  | Kloeckner & Co. SE | 126131 | 1015237 |
|  #\* | Koenig & Bauer AG | 95877 | 1774119 |
|  | Krones AG | 31934 | 4667733 |
|  | KSB SE & Co. KGaA | 5653 | 5424733 |
|  | KWS Saat SE & Co. KGaA | 50224 | 3169048 |
|  | Lanxess AG | 211933 | 6363074 |
|  \* | Mediclin AG | 387839 | 1285563 |
|  #\* | Medios AG | 72130 | 957891 |
|  | MLP SE | 1292363 | 11717973 |
|  # | Mutares SE & Co. KGaA | 76691 | 2804074 |
|  | Norma Group SE | 100611 | 1264488 |
|  | Patrizia SE | 48448 | 406330 |
|  | ProCredit Holding AG | 8472 | 97356 |
|  | ProSiebenSat.1 Media SE | 1448530 | 10108876 |
|  | Puma SE (PUM GR) | 371806 | 9600346 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | PWO AG | 5898 | $192871 |
|  \* | q.beyond AG | 728140 | 661413 |
|  | SAF-Holland SE | 750702 | 13620846 |
|  | Salzgitter AG | 347785 | 8594593 |
|  | Schaeffler AG | 309245 | 1334556 |
|  #\* | SGL Carbon SE | 16593 | 66371 |
|  | Siltronic AG | 125554 | 5105104 |
|  | Sixt SE | 67227 | 6391490 |
|  | Stabilus SE | 48054 | 1332933 |
|  | STRATEC SE | 9123 | 248222 |
|  | Suedzucker AG | 1043669 | 14051886 |
|  \* | Surteco Group SE | 91967 | 1672804 |
|  | Takkt AG | 367371 | 3173160 |
|  | Technotrans SE | 1248 | 25489 |
|  | thyssenkrupp AG | 513077 | 5884101 |
|  | United Internet AG | 1069735 | 24258174 |
|  | Vossloh AG | 88307 | 6976635 |
|  | Wacker Chemie AG | 138029 | 10434384 |
|  | Wacker Neuson SE | 680890 | 18309652 |
|  | Wuestenrot & Wuerttembergische AG | 131635 | 2120192 |
|  TOTAL GERMANY | TOTAL GERMANY | TOTAL GERMANY | 459408060 |
|  GREECE — (0.0%) | GREECE — (0.0%) | GREECE — (0.0%) |  |
|  \*†† | Michaniki SA | 986718 | 0 |
|  \*†† | Tropea Holding SA | 4581 | 0 |
|  GREENLAND — (0.0%) | GREENLAND — (0.0%) | GREENLAND — (0.0%) |  |
|  # | GronlandsBANKEN AS | 1455 | 169274 |
|  HONG KONG — (1.6%) | HONG KONG — (1.6%) | HONG KONG — (1.6%) |  |
|  | Aeon Credit Service Asia Co. Ltd. | 1250000 | 1000670 |
|  \* | Allied Group Ltd. | 31060000 | 6050244 |
|  | Asia Financial Holdings Ltd. | 3250106 | 1672282 |
|  \* | Asia Standard International Group Ltd. | 10813503 | 444170 |
|  | Associated International Hotels Ltd. | 23000 | 15017 |
|  | Bank of East Asia Ltd. | 6611773 | 9090794 |
|  \* | Century City International Holdings Ltd. | 3679300 | 21807 |
|  | Chen Hsong Holdings | 2368000 | 418159 |
|  | Cheuk Nang Holdings Ltd. | 5083016 | 954250 |
|  | Chevalier International Holdings Ltd. | 2342858 | 1184557 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  \* | China Energy Development Holdings Ltd. | 4910000 | $27248 |
|  | Chinney Investments Ltd. | 56000 | 4516 |
|  | Chow Sang Sang Holdings International Ltd. | 3384000 | 3316392 |
|  \* | Chuang's China Investments Ltd. | 1054415 | 16849 |
|  \* | Chuang's Consortium International Ltd. | 16101520 | 723809 |
|  | CITIC Telecom International Holdings Ltd. | 10355000 | 3150070 |
|  \* | CSI Properties Ltd. | 126763666 | 2736576 |
|  | CTF Services Ltd. | 9837000 | 9315785 |
|  \*†† | CW Group Holdings Ltd. | 1696500 | 0 |
|  | Dah Sing Banking Group Ltd. | 3882288 | 4183492 |
|  | Dah Sing Financial Holdings Ltd. | 2290956 | 8364752 |
|  | Dickson Concepts International Ltd. | 2031500 | 1796362 |
|  | Eagle Nice International Holdings Ltd. | 738000 | 330141 |
|  †† | EcoGreen International Group Ltd. | 3623840 | 166483 |
|  | Emperor International Holdings Ltd. | 19152333 | 494052 |
|  | Emperor Watch & Jewellery Ltd. | 51420000 | 1435067 |
|  | Far East Consortium International Ltd. | 30263679 | 3471937 |
|  | First Pacific Co. Ltd. | 25376000 | 17074685 |
|  | Get Nice Holdings Ltd. | 20997296 | 364144 |
|  | Glorious Sun Enterprises Ltd. | 2726000 | 449670 |
|  | Gold Peak Technology Group Ltd. | 7092907 | 474948 |
|  | Golden Resources Development International Ltd. | 9087000 | 404164 |
|  | Great Eagle Holdings Ltd. | 2727240 | 4559052 |
|  # | Guotai Junan International Holdings Ltd. | 18763000 | 2416362 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Hang Lung Group Ltd. | 5051000 | $7250570 |
|  | Hang Lung Properties Ltd. | 8160286 | 6692587 |
|  \* | Hanison Construction Holdings Ltd. | 7584724 | 246929 |
|  | Harbour Centre Development Ltd. | 2188000 | 1086192 |
|  \* | HKR International Ltd. | 15707757 | 1751319 |
|  | Hon Kwok Land Investment Co. Ltd. | 5720935 | 809744 |
|  | Hong Kong Ferry Holdings Co. Ltd. | 2290000 | 1236817 |
|  \* | Hong Kong Technology Venture Co. Ltd. | 467000 | 124934 |
|  | Hongkong & Shanghai Hotels Ltd. | 6933341 | 4826065 |
|  | Hongkong Chinese Ltd. | 14033090 | 412291 |
|  | Hung Hing Printing Group Ltd. | 6999275 | 899138 |
|  | Hutchison Telecommunications Hong Kong Holdings Ltd. | 15968000 | 2080940 |
|  \* | IPE Group Ltd. | 8660000 | 446622 |
|  | Jacobson Pharma Corp. Ltd. | 350000 | 55000 |
|  | Johnson Electric Holdings Ltd. | 4209614 | 7669063 |
|  | K Wah International Holdings Ltd. | 4492000 | 1006434 |
|  \* | Kader Holdings Co. Ltd. | 104000 | 3452 |
|  | Keck Seng Investments Hong Kong Ltd. | 892000 | 251270 |
|  | Kerry Properties Ltd. | 4600000 | 10802785 |
|  | KLN Logistics Group Ltd. | 782000 | 630750 |
|  | Kowloon Development Co. Ltd. | 8365128 | 3240854 |
|  \* | Lai Sun Development Co. Ltd. | 7698696 | 554530 |
|  \* | Lai Sun Garment International Ltd. | 13516359 | 1001829 |
|  \* | Langham Hospitality Investments & Langham Hospitality Investments Ltd. | 2641000 | 156604 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  \* | Lerado Financial Group Co. Ltd. | 65840 | $1284 |
|  \* | Lippo Ltd. | 1553500 | 79184 |
|  | Liu Chong Hing Investment Ltd. | 3420000 | 1776336 |
|  | Luk Fook Holdings International Ltd. | 931000 | 2031546 |
|  \* | Midland Holdings Ltd. | 555969 | 70852 |
|  | Miramar Hotel & Investment | 2226000 | 2604324 |
|  \* | Mongolian Mining Corp. | 309000 | 255283 |
|  | Nanyang Holdings Ltd. | 98350 | 312181 |
|  | National Electronics Holdings | 2571648 | 126831 |
|  | Oriental Enterprise Holdings Ltd. | 118000 | 5833 |
|  | Oriental Watch Holdings | 5248587 | 2371074 |
|  | Pacific Basin Shipping Ltd. | 20207000 | 4530841 |
|  \* | Paliburg Holdings Ltd. | 7621041 | 398366 |
|  | PAX Global Technology Ltd. | 568000 | 342046 |
|  | PC Partner Group Ltd. | 168000 | 157963 |
|  | Pico Far East Holdings Ltd. | 640000 | 157657 |
|  | Playmates Holdings Ltd. | 24721000 | 1590975 |
|  \* | Public Financial Holdings Ltd. | 4184444 | 701697 |
|  \* | Regal Hotels International Holdings Ltd. | 7172623 | 588012 |
|  | Safety Godown Co. Ltd. | 304000 | 72385 |
|  | SAS Dragon Holdings Ltd. | 36000 | 18806 |
|  | SEA Holdings Ltd. | 2365368 | 418643 |
|  | Shangri-La Asia Ltd. | 946000 | 529898 |
|  \* | Shun Ho Property Investments Ltd. | 271173 | 19770 |
|  \* | Shun Tak Holdings Ltd. | 14312546 | 1032193 |
|  | Singamas Container Holdings Ltd. | 17922000 | 1404817 |
|  # | SmarTone Telecommunications Holdings Ltd. | 1630000 | 892672 |
|  | Soundwill Holdings Ltd. | 1232500 | 1295887 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  \* | South China Holdings Co. Ltd. | 26665751 | $103877 |
|  | Sun Hung Kai & Co. Ltd. | 5030688 | 1947097 |
|  | TAI Cheung Holdings Ltd. | 3322000 | 1264512 |
|  | Tan Chong International Ltd. | 3879000 | 495245 |
|  | Tao Heung Holdings Ltd. | 747000 | 30502 |
|  | Tern Properties Co. Ltd. | 146000 | 33886 |
|  | Texhong International Group Ltd. | 84500 | 36792 |
|  | Texwinca Holdings Ltd. | 9168000 | 676760 |
|  | Tian Teck Land Ltd. | 432000 | 110239 |
|  | Transport International Holdings Ltd. | 1221238 | 1418532 |
|  # | United Laboratories International Holdings Ltd. | 4282000 | 7673623 |
|  | Upbest Group Ltd. | 4476000 | 398815 |
|  | Vedan International Holdings Ltd. | 6152000 | 500305 |
|  \*W | VPower Group International Holdings Ltd. | 1046000 | 40943 |
|  | VSTECS Holdings Ltd. | 2288000 | 1761641 |
|  \* | Wai Kee Holdings Ltd. | 574000 | 43107 |
|  \* | Wang On Group Ltd. | 65080000 | 184350 |
|  | Wing On Co. International Ltd. | 2095500 | 3095974 |
|  | Wing Tai Properties Ltd. | 2306749 | 432653 |
|  \* | Xingye Alloy Materials Group Ltd. | 1406000 | 179269 |
|  | Yue Yuen Industrial Holdings Ltd. | 7087500 | 10175507 |
|  \* | Zensun Enterprises Ltd. | 212000 | 2374 |
|  TOTAL HONG KONG | TOTAL HONG KONG | TOTAL HONG KONG | 193758584 |
|  IRELAND — (0.7%) | IRELAND — (0.7%) |  |  |
|  | C&C Group PLC | 1706878 | 3135221 |
|  | Cairn Homes PLC | 1430652 | 3151765 |
|  | Dalata Hotel Group PLC | 1118674 | 6411617 |
|  \*W | Glenveagh Properties PLC | 1577022 | 2955732 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  IRELAND — (Continued) | IRELAND — (Continued) | IRELAND — (Continued) | IRELAND — (Continued) |
|  | Grafton Group PLC, CDI | 5219892 | $63187131 |
|  | Greencore Group PLC | 3777249 | 9314344 |
|  TOTAL IRELAND | TOTAL IRELAND | TOTAL IRELAND | 88155810 |
|  ISRAEL — (0.9%) | ISRAEL — (0.9%) |  |  |
|  \* | Alrov Properties & Lodgings Ltd. | 13259 | 709279 |
|  \* | Ashdod Refinery Ltd. | 8724 | 143331 |
|  | AudioCodes Ltd. (AUDC US) | 1954 | 18329 |
|  | Ayalon Holdings Ltd. | 903 | 12361 |
|  | Azorim-Investment Development & Construction Co. Ltd. | 854695 | 3938268 |
|  | Carasso Motors Ltd. | 322285 | 2482099 |
|  \* | Cellcom Israel Ltd. (CEL IT) | 444775 | 2816512 |
|  \* | Cellcom Israel Ltd. (CELJF US) | 29907 | 196190 |
|  | Clal Insurance Enterprises Holdings Ltd. | 182909 | 5018680 |
|  \* | Delek Automotive Systems Ltd. | 4294 | 30943 |
|  | Delta Galil Ltd. | 8866 | 418060 |
|  # | Direct Finance of Direct Group 2006 Ltd. | 1686 | 250952 |
|  \* | Dor Alon Energy in Israel 1988 Ltd. | 22296 | 721758 |
|  \* | Equital Ltd. | 394618 | 14801230 |
|  \* | Gilat Satellite Networks Ltd. | 70951 | 450060 |
|  \* | Hagag Group Real Estate Development | 35181 | 161756 |
|  | Harel Insurance Investments & Financial Services Ltd. | 177072 | 2943282 |
|  \* | IES Holdings Ltd. | 8236 | 490719 |
|  | Isracard Ltd. | 1233352 | 5808172 |
|  | Isras Investment Co. Ltd. | 13744 | 2964081 |
|  | Issta Ltd. | 1129 | 25857 |
|  \* | Kamada Ltd. (KMDA US) | 4138 | 26773 |
|  | Kardan Real Estate Enterprise & Development Ltd. | 10908 | 15982 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Kerur Holdings Ltd. | 11372 | $244110 |
|  | Mediterranean Towers Ltd. | 396095 | 1199273 |
|  | Menora Mivtachim Holdings Ltd. | 412105 | 21827948 |
|  | Meshulam Levinstein Contracting & Engineering Ltd. | 2680 | 284249 |
|  | Migdal Insurance & Financial Holdings Ltd. | 749834 | 1442078 |
|  | Mivtach Shamir Holdings Ltd. | 12387 | 857477 |
|  | Nawi Group Ltd. | 81868 | 1117118 |
|  | Neto Malinda Trading Ltd. | 12572 | 380279 |
|  | Oil Refineries Ltd. | 29027619 | 7288082 |
|  | Palram Industries 1990 Ltd. | 56555 | 1203368 |
|  | Paz Retail & Energy Ltd. | 87000 | 12284007 |
|  | Plasson Industries Ltd. | 10355 | 568209 |
|  | Prashkovsky Investments & Construction Ltd. | 48449 | 1248493 |
|  \* | Scope Metals Group Ltd. | 15495 | 535568 |
|  | Summit Real Estate Holdings Ltd. | 545146 | 8041420 |
|  W | Tamar Petroleum Ltd. | 219905 | 2077855 |
|  \* | Tera Light Ltd. | 129675 | 327965 |
|  TOTAL ISRAEL | TOTAL ISRAEL | TOTAL ISRAEL | 105372173 |
|  ITALY — (6.1%) | ITALY — (6.1%) |  |  |
|  | A2A SpA | 7166537 | 18226437 |
|  | ACEA SpA | 43978 | 1033159 |
|  # | Banca IFIS SpA | 311359 | 7801468 |
|  # | Banca Monte dei Paschi di Siena SpA | 12949302 | 109509355 |
|  | Banca Popolare di Sondrio SpA | 8376961 | 104970672 |
|  # | Banca Profilo SpA | 1216838 | 250812 |
|  W | Banca Sistema SpA | 499240 | 935354 |
|  # | Banco di Desio e della Brianza SpA | 505352 | 4335736 |
|  # | Biesse SpA | 69987 | 560268 |
|  # | BPER Banca SpA | 15920864 | 129310593 |
|  | Buzzi SpA | 1563705 | 81942869 |
|  # | Cairo Communication SpA | 786092 | 2568039 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
|  \* | CIR SpA-Compagnie Industriali | 7827558 | $| 5193251 |
|  | Credito Emiliano SpA | 1499551 |  | 20615524 |
|  # | Danieli & C Officine Meccaniche SpA (DAN IM) | 299192 |  | 10304352 |
|  | Danieli & C Officine Meccaniche SpA (DANR IM) | 386714 |  | 10466474 |
|  | Emak SpA | 993086 |  | 889407 |
|  W | Enav SpA | 45028 |  | 199392 |
|  # | ERG SpA | 242480 |  | 4960599 |
|  \* | Esprinet SpA | 183054 |  | 1093188 |
|  # | Ferretti SpA | 362361 |  | 1037581 |
|  | Fila SpA | 277494 |  | 3615264 |
|  # | FNM SpA | 2953719 |  | 1338834 |
|  | GPI SpA | 4877 |  | 50932 |
|  | Hera SpA | 1541851 |  | 7299472 |
|  # | IMMSI SpA | 2816787 |  | 1594025 |
|  | Industrie De Nora SpA | 30027 |  | 216774 |
|  # | Italmobiliare SpA | 114256 |  | 3181067 |
|  #\*W | Nexi SpA | 3976911 |  | 23229371 |
|  | Orsero SpA | 84273 |  | 1252516 |
|  W | OVS SpA | 5039445 |  | 18188699 |
|  W | Pirelli & C SpA | 4985116 |  | 30820474 |
|  | Rizzoli Corriere Della Sera Mediagroup SpA | 1578533 |  | 1757457 |
|  #\* | Safilo Group SpA | 684424 |  | 559639 |
|  # | Salvatore Ferragamo SpA | 183831 |  | 1151770 |
|  # | Sogefi SpA | 231513 |  | 544484 |
|  \* | Telecom Italia SpA (TIT IM) | 115292762 |  | 45659893 |
|  \* | Telecom Italia SpA (TITR IM) | 3596500 |  | 1599610 |
|  | Unipol Assicurazioni SpA | 5421824 |  | 97249683 |
|  TOTAL ITALY | TOTAL ITALY |  |  | 755514494 |
|  JAPAN — (25.1%) | JAPAN — (25.1%) | JAPAN — (25.1%) | JAPAN — (25.1%) | JAPAN — (25.1%) |
|  | 77 Bank Ltd. | 898100 |  | 28147188 |
|  # | Achilles Corp. | 197500 |  | 1863163 |
|  # | AD Works Group Co. Ltd. | 384599 |  | 711715 |
|  | ADEKA Corp. | 92100 |  | 1660280 |
|  | AEON Financial Service Co. Ltd. | 1122014 |  | 9284593 |
|  # | Ahresty Corp. | 71400 |  | 327334 |
|  | Aichi Corp. | 254100 |  | 2286787 |
|  # | Aichi Steel Corp. | 80834 |  | 4764403 |
|  | Aichi Tokei Denki Co. Ltd. | 112363 |  | 1546823 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Aida Engineering Ltd. | 206822 | $1283455 |
|  | Aiful Corp. | 621300 | 1552203 |
|  | Ainavo Holdings Co. Ltd. | 39200 | 181850 |
|  | Aiphone Co. Ltd. | 216300 | 3807470 |
|  # | Airport Facilities Co. Ltd. | 409900 | 1917328 |
|  | Aisan Industry Co. Ltd. | 766630 | 10361093 |
|  | Akatsuki Corp. | 30400 | 103684 |
|  | Akatsuki, Inc. | 54700 | 1333723 |
|  #\* | Akebono Brake Industry Co. Ltd. | 186799 | 134786 |
|  # | Albis Co. Ltd. | 71788 | 1495244 |
|  | Alconix Corp. | 415925 | 4492083 |
|  | Alinco, Inc. | 63100 | 444968 |
|  | Alpen Co. Ltd. | 321112 | 5351503 |
|  | Alpha Corp. | 17100 | 130558 |
|  | Alps Alpine Co. Ltd. | 2969680 | 30166721 |
|  | Anabuki Kosan, Inc. | 30400 | 468158 |
|  | AOKI Holdings, Inc. | 467200 | 4163036 |
|  | Aoyama Trading Co. Ltd. | 400119 | 5745799 |
|  | Arakawa Chemical Industries Ltd. | 113353 | 842878 |
|  | Arata Corp. | 195500 | 4356474 |
|  # | Araya Industrial Co. Ltd. | 25100 | 809243 |
|  | ARCLANDS Corp. | 283100 | 3441414 |
|  | Arcs Co. Ltd. | 441000 | 8872358 |
|  | Arisawa Manufacturing Co. Ltd. | 421782 | 3843836 |
|  | Artience Co. Ltd. | 534900 | 11038574 |
|  # | Artnature, Inc. | 39100 | 218955 |
|  | Asahi Co. Ltd. | 15700 | 151922 |
|  | Asahi Diamond Industrial Co. Ltd. | 673936 | 3483896 |
|  # | Asahi Kogyosha Co. Ltd. | 353396 | 5277351 |
|  | Asahi Printing Co. Ltd. | 11900 | 72397 |
|  | Ashimori Industry Co. Ltd. | 84199 | 1583760 |
|  | Asia Pile Holdings Corp. | 548600 | 3460918 |
|  # | ASKA Pharmaceutical Holdings Co. Ltd. | 332000 | 5415438 |
|  # | Astena Holdings Co. Ltd. | 611900 | 2071380 |
|  # | Asti Corp. | 25800 | 348647 |
|  | Autobacs Seven Co. Ltd. | 70900 | 735764 |
|  | Awa Bank Ltd. | 307501 | 5911895 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Bando Chemical Industries Ltd. | 556100 | $5812669 |
|  | Bank of Kochi Ltd. | 41799 | 221722 |
|  | Bank of Nagoya Ltd. | 157504 | 8292646 |
|  | Bank of Saga Ltd. | 162634 | 2486970 |
|  | Bank of the Ryukyus Ltd. | 115513 | 876730 |
|  | Belluna Co. Ltd. | 789452 | 5410841 |
|  | BML, Inc. | 17900 | 373364 |
|  | Buffalo, Inc. | 1600 | 23156 |
|  | Bunka Shutter Co. Ltd. | 260500 | 3729385 |
|  | Business Brain Showa-Ota, Inc. | 800 | 15130 |
|  | Canon Electronics, Inc. | 296399 | 4830537 |
|  # | Carlit Co. Ltd. | 430600 | 3233964 |
|  | Cawachi Ltd. | 295900 | 5795776 |
|  | Central Glass Co. Ltd. | 548300 | 11471587 |
|  # | Chiba Kogyo Bank Ltd. | 907742 | 7887459 |
|  | Chino Corp. | 5400 | 72546 |
|  # | Chiyoda Integre Co. Ltd. | 157400 | 2986956 |
|  | Chori Co. Ltd. | 119300 | 3026373 |
|  | Chubu Shiryo Co. Ltd. | 497984 | 4985266 |
|  | Chubu Steel Plate Co. Ltd. | 19400 | 289779 |
|  | Chudenko Corp. | 235560 | 5792428 |
|  | Chuetsu Pulp & Paper Co. Ltd. | 81800 | 870691 |
|  # | Chugai Ro Co. Ltd. | 16100 | 427683 |
|  | Chugin Financial Group, Inc. | 1022200 | 11483507 |
|  | Chuo Gyorui Co. Ltd. | 56500 | 1321780 |
|  # | Chuo Spring Co. Ltd. | 117431 | 1208679 |
|  # | Chuo Warehouse Co. Ltd. | 49100 | 497430 |
|  # | Citizen Watch Co. Ltd. | 2861700 | 16553634 |
|  # | CK-San-Etsu Co. Ltd. | 9900 | 255985 |
|  # | Cleanup Corp. | 197500 | 893171 |
|  # | CMK Corp. | 1126700 | 3117190 |
|  # | Cosel Co. Ltd. | 130100 | 980263 |
|  | Cosmos Initia Co. Ltd. | 3000 | 25649 |
|  | CTI Engineering Co. Ltd. | 156000 | 2602719 |
|  | Dai Nippon Toryo Co. Ltd. | 207450 | 1845027 |
|  | Dai-Dan Co. Ltd. | 22900 | 665665 |
|  | Daido Kogyo Co. Ltd. | 12389 | 72081 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Daido Metal Co. Ltd. | 313670 | $1088013 |
|  | Daido Steel Co. Ltd. | 2176900 | 16402768 |
|  # | Daihatsu Diesel Manufacturing Co. Ltd. | 367700 | 4639686 |
|  # | Daiho Corp. | 626000 | 3511425 |
|  | Daiichi Jitsugyo Co. Ltd. | 391000 | 6257204 |
|  | Daiichi Kensetsu Corp. | 12800 | 232725 |
|  # | Daiichi Kigenso Kagaku-Kogyo Co. Ltd. | 49400 | 232260 |
|  | Daiki Aluminium Industry Co. Ltd. | 49399 | 324364 |
|  | Daikyonishikawa Corp. | 296349 | 1182672 |
|  | Dainichi Co. Ltd. | 236500 | 1072062 |
|  | Dainichiseika Color & Chemicals Manufacturing Co. Ltd. | 153407 | 3249880 |
|  | Daio Paper Corp. | 128299 | 818549 |
|  | Daishi Hokuetsu Financial Group, Inc. | 1153886 | 25263164 |
|  | Daishinku Corp. | 224325 | 819353 |
|  | Daisue Construction Co. Ltd. | 169300 | 2428779 |
|  | Daito Pharmaceutical Co. Ltd. | 124262 | 1811398 |
|  | Daiwa Industries Ltd. | 17700 | 202747 |
|  | DCM Holdings Co. Ltd. | 1803310 | 17146906 |
|  | Denka Co. Ltd. | 183250 | 2500802 |
|  # | Denyo Co. Ltd. | 327400 | 5393308 |
|  # | DIC Corp. | 1112482 | 21709962 |
|  # | Digital Holdings, Inc. | 23800 | 230452 |
|  # | DKS Co. Ltd. | 96279 | 1775327 |
|  | DMW Corp. | 45400 | 1298012 |
|  | Doshisha Co. Ltd. | 136200 | 2134599 |
|  | Dowa Holdings Co. Ltd. | 359500 | 11534407 |
|  | DyDo Group Holdings, Inc. | 8600 | 175740 |
|  | Eagle Industry Co. Ltd. | 415399 | 5353025 |
|  # | EDION Corp. | 2078900 | 27742781 |
|  | EF-ON, Inc. | 37839 | 90629 |
|  # | Ehime Bank Ltd. | 291870 | 2129688 |
|  | Eizo Corp. | 148400 | 2123267 |
|  | EJ Holdings, Inc. | 68300 | 770953 |
|  | Endo Lighting Corp. | 190700 | 2077489 |
|  | Enomoto Co. Ltd. | 57117 | 521349 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Enplas Corp. | 700 | $19827 |
|  # | Eslead Corp. | 182700 | 5438757 |
|  | Exedy Corp. | 480136 | 14417951 |
|  | EXEO Group, Inc. | 328900 | 3840612 |
|  # | FALCO HOLDINGS Co. Ltd. | 14100 | 228733 |
|  | FCC Co. Ltd. | 521345 | 10697104 |
|  | Feed One Co. Ltd. | 369080 | 2343591 |
|  | Ferrotec Holdings Corp. | 479114 | 8271608 |
|  | FIDEA Holdings Co. Ltd. | 30896 | 324370 |
|  # | First Bank of Toyama Ltd. | 620900 | 4785036 |
|  # | FJ Next Holdings Co. Ltd. | 441760 | 3745047 |
|  | Foster Electric Co. Ltd. | 112190 | 955118 |
|  | F-Tech, Inc. | 8300 | 29371 |
|  | Fuji Co. Ltd. | 12300 | 179698 |
|  | Fuji Corp. Ltd. | 192046 | 946663 |
|  # | Fuji Die Co. Ltd. | 10200 | 50533 |
|  # | Fuji Oil Co. Ltd. | 194199 | 376763 |
|  # | Fuji Pharma Co. Ltd. | 147500 | 1415488 |
|  | Fuji Seal International, Inc. | 203270 | 3629392 |
|  # | Fujicco Co. Ltd. | 64400 | 731512 |
|  | Fujikura Composites, Inc. | 400700 | 3724814 |
|  # | Fujikura Kasei Co. Ltd. | 83500 | 278561 |
|  | Fujisash Co. Ltd. | 32800 | 157792 |
|  | Fujishoji Co. Ltd. | 25900 | 196292 |
|  # | FuKoKu Co. Ltd. | 194300 | 2187712 |
|  # | Fukuda Corp. | 115500 | 4302011 |
|  | Fukui Bank Ltd. | 22100 | 271451 |
|  # | Fukuyama Transporting Co. Ltd. | 287962 | 7144615 |
|  \* | Furukawa Battery Co. Ltd. | 4700 | 45339 |
|  | Furukawa Co. Ltd. | 446356 | 6601571 |
|  | Furukawa Electric Co. Ltd. | 954102 | 30132066 |
|  | Furuno Electric Co. Ltd. | 390400 | 6956595 |
|  # | Fuso Pharmaceutical Industries Ltd. | 46701 | 785582 |
|  # | Futaba Industrial Co. Ltd. | 1156500 | 6400071 |
|  | Fuyo General Lease Co. Ltd. | 623400 | 17395654 |
|  | Gakken Holdings Co. Ltd. | 204000 | 1438624 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Gecoss Corp. | 288700 | $2358241 |
|  | Geo Holdings Corp. | 382900 | 5207136 |
|  # | GLOBERIDE, Inc. | 38300 | 502233 |
|  | Glory Ltd. | 380752 | 6704162 |
|  # | Godo Steel Ltd. | 123700 | 3225098 |
|  # | Goldcrest Co. Ltd. | 157930 | 3625519 |
|  # | Grandy House Corp. | 284300 | 1097072 |
|  | GREE Holdings, Inc. | 142100 | 533577 |
|  | GS Yuasa Corp. | 645200 | 11332866 |
|  # | GSI Creos Corp. | 179414 | 2418223 |
|  | G-Tekt Corp. | 458449 | 5262902 |
|  # | Gun-Ei Chemical Industry Co. Ltd. | 44300 | 971381 |
|  | Gunma Bank Ltd. | 5461696 | 45549209 |
|  | Gunze Ltd. | 622992 | 11201642 |
|  | H.U. Group Holdings, Inc. | 19371 | 380087 |
|  | H2O Retailing Corp. | 1151339 | 15747685 |
|  # | Hagihara Industries, Inc. | 64105 | 649049 |
|  # | Hagiwara Electric Holdings Co. Ltd. | 128498 | 2784219 |
|  | Hamakyorex Co. Ltd. | 346800 | 3238542 |
|  | Hanwa Co. Ltd. | 644300 | 21361680 |
|  | Harima Chemicals Group, Inc. | 68000 | 381154 |
|  # | Hashimoto Sogyo Holdings Co. Ltd. | 7800 | 67824 |
|  | Heiwa Corp. | 234700 | 3653298 |
|  | Heiwado Co. Ltd. | 449110 | 8361575 |
|  | Hibiya Engineering Ltd. | 110500 | 2701867 |
|  \* | Hino Motors Ltd. | 1692487 | 5381880 |
|  | Hirakawa Hewtech Corp. | 97033 | 813910 |
|  | Hirano Tecseed Co. Ltd. | 17600 | 195713 |
|  | Hirata Corp. | 114496 | 1181349 |
|  | Hirogin Holdings, Inc. | 3649881 | 30337666 |
|  | Hisaka Works Ltd. | 139800 | 998464 |
|  # | Hodogaya Chemical Co. Ltd. | 112448 | 1172673 |
|  | Hokkaido Coca-Cola Bottling Co. Ltd. | 130098 | 2945366 |
|  | Hokkan Holdings Ltd. | 82500 | 1050200 |
|  # | Hokko Chemical Industry Co. Ltd. | 361100 | 3092674 |
|  | Hokkoku Financial Holdings, Inc. | 439616 | 16382934 |
|  # | Hokuetsu Corp. | 2424074 | 18552337 |
|  | Hokuhoku Financial Group, Inc. | 1279210 | 22941659 |
|  | Hokuriku Electric Industry Co. Ltd. | 112268 | 1219292 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Hokuriku Electrical Construction Co. Ltd. | 189320 | $1574698 |
|  | H-One Co. Ltd. | 5100 | 40251 |
|  | Hoosiers Holdings Co. Ltd. | 263000 | 2186350 |
|  | Hosiden Corp. | 944500 | 12681042 |
|  | Hosokawa Micron Corp. | 2900 | 80824 |
|  | Howa Machinery Ltd. | 67620 | 530810 |
|  | HS Holdings Co. Ltd. | 77830 | 529169 |
|  | Hyakugo Bank Ltd. | 2616190 | 12681922 |
|  | Hyakujushi Bank Ltd. | 112099 | 2603756 |
|  | Ichikawa Co. Ltd. | 12000 | 152626 |
|  | Ichiken Co. Ltd. | 81403 | 1614761 |
|  | Ichikoh Industries Ltd. | 352600 | 970932 |
|  | Ichinen Holdings Co. Ltd. | 190700 | 2259594 |
|  | Icom, Inc. | 4300 | 81484 |
|  | Iino Kaiun Kaisha Ltd. | 592300 | 4316871 |
|  | Imagica Group, Inc. | 18900 | 75509 |
|  | Imura & Co. Ltd. | 9500 | 64448 |
|  # | Inaba Seisakusho Co. Ltd. | 119500 | 1422961 |
|  | Inabata & Co. Ltd. | 611100 | 13112749 |
|  | Ines Corp. | 433300 | 4979965 |
|  | INFRONEER Holdings, Inc. | 755900 | 6447302 |
|  | Innotech Corp. | 326000 | 2750586 |
|  | Iriso Electronics Co. Ltd. | 100199 | 1793991 |
|  # | Iseki & Co. Ltd. | 121913 | 880768 |
|  | Ishihara Sangyo Kaisha Ltd. | 771500 | 9506779 |
|  | Ishizuka Glass Co. Ltd. | 16999 | 290105 |
|  | Itochu Enex Co. Ltd. | 507700 | 5479517 |
|  | Itochu-Shokuhin Co. Ltd. | 83500 | 5642980 |
|  | Itoham Yonekyu Holdings, Inc. | 306940 | 9619603 |
|  | IwaiCosmo Holdings, Inc. | 436900 | 6401367 |
|  | Iwatani Corp. | 219200 | 2098814 |
|  | Iyogin Holdings, Inc. | 1532200 | 17772311 |
|  | Izumi Co. Ltd. | 116700 | 2686778 |
|  | Jaccs Co. Ltd. | 443500 | 11746128 |
|  | JAFCO Group Co. Ltd. | 447500 | 7535464 |
|  # | JANOME Corp. | 261100 | 2063381 |
|  # | Japan Electronic Materials Corp. | 3000 | 39399 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Japan Foundation Engineering Co. Ltd. | 238100 | $1164612 |
|  | Japan Medical Dynamic Marketing, Inc. | 39000 | 152560 |
|  | Japan Oil Transportation Co. Ltd. | 39421 | 816536 |
|  | Japan Pulp & Paper Co. Ltd. | 2204400 | 9478818 |
|  | Japan Securities Finance Co. Ltd. | 342100 | 4093481 |
|  | Japan Transcity Corp. | 850500 | 5246665 |
|  | Japan Wool Textile Co. Ltd. | 781900 | 8093676 |
|  # | Jichodo Co. Ltd. | 1000 | 67722 |
|  # | JK Holdings Co. Ltd. | 260000 | 1854593 |
|  # | JMS Co. Ltd. | 168161 | 539114 |
|  | J-Oil Mills, Inc. | 318900 | 4578862 |
|  | Joshin Denki Co. Ltd. | 172139 | 2684174 |
|  # | JSP Corp. | 161399 | 2225248 |
|  | JTEKT Corp. | 600979 | 4641400 |
|  | Juroku Financial Group, Inc. | 426400 | 14423863 |
|  # | K&O Energy Group, Inc. | 253000 | 4897661 |
|  | Kamei Corp. | 571500 | 7686317 |
|  # | Kanaden Corp. | 340900 | 3491334 |
|  | Kanadevia Corp. | 18400 | 118017 |
|  # | Kanagawa Chuo Kotsu Co. Ltd. | 1600 | 41360 |
|  # | Kanamoto Co. Ltd. | 378041 | 8476454 |
|  | Kandenko Co. Ltd. | 909977 | 18038083 |
|  | Kaneka Corp. | 691700 | 16904615 |
|  | Kanematsu Corp. | 333630 | 5793997 |
|  # | Kanto Denka Kogyo Co. Ltd. | 198529 | 1204251 |
|  | Katakura Industries Co. Ltd. | 133500 | 2018198 |
|  | Kato Sangyo Co. Ltd. | 5300 | 185421 |
|  | Kawada Technologies, Inc. | 287700 | 6528146 |
|  | Kawai Musical Instruments Manufacturing Co. Ltd. | 28508 | 545324 |
|  | Keihin Co. Ltd. | 31700 | 509521 |
|  | KEIWA, Inc. | 9500 | 61247 |
|  | Keiyo Bank Ltd. | 1210470 | 7054502 |
|  | KEL Corp. | 29800 | 272649 |
|  | Kenko Mayonnaise Co. Ltd. | 144530 | 1937349 |
|  | Kimoto Co. Ltd. | 38200 | 61847 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Kimura Chemical Plants Co. Ltd. | 9500 | $45919 |
|  | Kimura Unity Co. Ltd. | 193200 | 1048757 |
|  # | Kitagawa Corp. | 60719 | 527816 |
|  | Kita-Nippon Bank Ltd. | 9243 | 197976 |
|  | Kitano Construction Corp. | 86527 | 2601088 |
|  | Kitz Corp. | 512300 | 3907115 |
|  | Kiyo Bank Ltd. | 323800 | 5503484 |
|  \* | KNT-CT Holdings Co. Ltd. | 2848 | 23484 |
|  # | Koa Corp. | 136877 | 791858 |
|  # | Koatsu Gas Kogyo Co. Ltd. | 211400 | 1401702 |
|  | Kohnan Shoji Co. Ltd. | 189376 | 4989834 |
|  | Koike Sanso Kogyo Co. Ltd. | 19500 | 163754 |
|  # | Kojima Co. Ltd. | 112200 | 830509 |
|  | Komatsu Matere Co. Ltd. | 5035 | 27176 |
|  # | Komatsu Wall Industry Co. Ltd. | 308800 | 3838725 |
|  | Komeri Co. Ltd. | 533000 | 11358091 |
|  | Komori Corp. | 200671 | 1787139 |
|  \* | Konica Minolta, Inc. | 1192490 | 3660117 |
|  | Konoike Transport Co. Ltd. | 395200 | 7255746 |
|  | KPP Group Holdings Co. Ltd. | 503612 | 2302821 |
|  | Krosaki Harima Corp. | 12700 | 222936 |
|  # | KRS Corp. | 213300 | 2737987 |
|  | K's Holdings Corp. | 592200 | 5671515 |
|  | KU Holdings Co. Ltd. | 215100 | 1632293 |
|  # | Kumagai Gumi Co. Ltd. | 323785 | 9648907 |
|  # | Kumiai Chemical Industry Co. Ltd. | 505100 | 2696934 |
|  # | Kurabo Industries Ltd. | 271400 | 11890015 |
|  | Kureha Corp. | 283700 | 4965700 |
|  | Kurimoto Ltd. | 178600 | 5913493 |
|  | Kuriyama Holdings Corp. | 109370 | 1006115 |
|  | KVK Corp. | 2500 | 32098 |
|  | KYB Corp. | 605600 | 12379672 |
|  # | Kyodo Printing Co. Ltd. | 322000 | 2398400 |
|  | Kyoei Steel Ltd. | 301543 | 4250343 |
|  | Kyokuto Boeki Kaisha Ltd. | 6600 | 71933 |
|  | Kyokuto Kaihatsu Kogyo Co. Ltd. | 590050 | 9911502 |
|  # | Kyokuto Securities Co. Ltd. | 86657 | 840381 |
|  | Kyokuyo Co. Ltd. | 62799 | 1851872 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Kyorin Pharmaceutical Co. Ltd. | 168199 | $1739072 |
|  # | Kyosan Electric Manufacturing Co. Ltd. | 867600 | 2909970 |
|  # | Kyowa Electronic Instruments Co. Ltd. | 232900 | 818927 |
|  | Kyowa Leather Cloth Co. Ltd. | 129000 | 616709 |
|  | Kyushu Financial Group, Inc. | 217880 | 1099854 |
|  | Kyushu Leasing Service Co. Ltd. | 83500 | 612396 |
|  | Lintec Corp. | 156600 | 2995563 |
|  | Look Holdings, Inc. | 127599 | 2181616 |
|  | Mabuchi Motor Co. Ltd. | 110500 | 1614314 |
|  | Maezawa Industries, Inc. | 86200 | 848206 |
|  # | Maezawa Kasei Industries Co. Ltd. | 224500 | 2749070 |
|  # | Maezawa Kyuso Industries Co. Ltd. | 317000 | 2778590 |
|  | Makino Milling Machine Co. Ltd. | 345212 | 27220484 |
|  # | Mamiya-Op Co. Ltd. | 15800 | 152666 |
|  | Mandom Corp. | 80338 | 766426 |
|  # | Mars Group Holdings Corp. | 20000 | 417607 |
|  # | Marubun Corp. | 371100 | 2407679 |
|  # | Marudai Food Co. Ltd. | 353474 | 4602526 |
|  | Maruha Nichiro Corp. | 634904 | 14507232 |
|  | Maruichi Steel Tube Ltd. | 215500 | 5090951 |
|  # | MARUKA FURUSATO Corp. | 122514 | 1966791 |
|  | Maruyama Manufacturing Co., Inc. | 22300 | 309435 |
|  | Maruzen CHI Holdings Co. Ltd. | 38000 | 86279 |
|  | Maruzen Showa Unyu Co. Ltd. | 291200 | 12243439 |
|  | Matsuda Sangyo Co. Ltd. | 215700 | 5486627 |
|  # | Matsui Construction Co. Ltd. | 272400 | 1847881 |
|  | Maxell Ltd. | 276958 | 3394611 |
|  | Megmilk Snow Brand Co. Ltd. | 638069 | 11732613 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Meiji Electric Industries Co. Ltd. | 67300 | $725069 |
|  # | Meiji Shipping Group Co. Ltd. | 15400 | 67374 |
|  | Meisei Industrial Co. Ltd. | 484900 | 4757437 |
|  # | Meiwa Corp. | 105000 | 501962 |
|  # | Meiwa Estate Co. Ltd. | 194500 | 1276920 |
|  | Mie Kotsu Group Holdings, Inc. | 75646 | 264863 |
|  | Mikuni Corp. | 42752 | 85707 |
|  # | Miraial Co. Ltd. | 102462 | 921606 |
|  | Mirait One Corp. | 902609 | 14194449 |
|  | Mirarth Holdings, Inc. | 747446 | 2587016 |
|  # | Mitani Sangyo Co. Ltd. | 146500 | 359229 |
|  # | Mito Securities Co. Ltd. | 214771 | 803650 |
|  # | Mitsuba Corp. | 349241 | 2050854 |
|  | Mitsubishi Kakoki Kaisha Ltd. | 338100 | 3009383 |
|  | Mitsubishi Materials Corp. | 1784576 | 28147290 |
|  # | Mitsubishi Paper Mills Ltd. | 100035 | 538705 |
|  | Mitsubishi Shokuhin Co. Ltd. | 118000 | 4417525 |
|  | Mitsubishi Steel Manufacturing Co. Ltd. | 169116 | 1864543 |
|  | Mitsui DM Sugar Co. Ltd. | 212306 | 5085064 |
|  # | Mitsui E&S Co. Ltd. | 13500 | 172251 |
|  # | Mitsui Matsushima Holdings Co. Ltd. | 11800 | 347245 |
|  | Mitsui Mining & Smelting Co. Ltd. | 841685 | 22882874 |
|  | Mitsuuroko Group Holdings Co. Ltd. | 443400 | 5600809 |
|  | Miyazaki Bank Ltd. | 64826 | 1431567 |
|  # | Miyoshi Oil & Fat Co. Ltd. | 22600 | 267681 |
|  | Mizuho Leasing Co. Ltd. | 1902300 | 14016154 |
|  | Mizuno Corp. | 92937 | 1658672 |
|  # | MORESCO Corp. | 10900 | 89513 |
|  | Morinaga Milk Industry Co. Ltd. | 9200 | 218616 |
|  # | Moriroku Co. Ltd. | 84599 | 1305265 |
|  | Morita Holdings Corp. | 140100 | 2090462 |
|  # | Morito Co. Ltd. | 156500 | 1562008 |
|  # | Mory Industries, Inc. | 599500 | 4280493 |
|  # | MrMax Holdings Ltd. | 133475 | 630971 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Murakami Corp. | 58700 | $2279201 |
|  | Musashi Seimitsu Industry Co. Ltd. | 109500 | 1883197 |
|  | Musashino Bank Ltd. | 337578 | 7481257 |
|  | Muto Seiko Co. | 5100 | 51458 |
|  | Nachi-Fujikoshi Corp. | 89888 | 1924294 |
|  | Nadex Co. Ltd. | 4300 | 26503 |
|  # | Nafco Co. Ltd. | 147300 | 1872257 |
|  # | Nagano Keiki Co. Ltd. | 36900 | 488873 |
|  | Nagase & Co. Ltd. | 1480100 | 26069888 |
|  # | Nakabayashi Co. Ltd. | 246900 | 893568 |
|  # | Nakano Corp. | 24800 | 139030 |
|  # | Nakayama Steel Works Ltd. | 564300 | 2880339 |
|  | Nanto Bank Ltd. | 109446 | 2997545 |
|  | Narasaki Sangyo Co. Ltd. | 34900 | 677587 |
|  | Nasu Denki Tekko Co. Ltd. | 6600 | 591230 |
|  | NEC Capital Solutions Ltd. | 224500 | 6368937 |
|  | Neturen Co. Ltd. | 753000 | 4891811 |
|  | NHK Spring Co. Ltd. | 2620200 | 29118970 |
|  | Nicca Chemical Co. Ltd. | 37899 | 351075 |
|  | Nice Corp. | 28100 | 310322 |
|  | Nichia Steel Works Ltd. | 50299 | 106874 |
|  | Nichicon Corp. | 103300 | 845023 |
|  | Nichiden Corp. | 44800 | 895104 |
|  | Nichiha Corp. | 40000 | 811380 |
|  | Nichimo Co. Ltd. | 115100 | 1597272 |
|  | Nichireki Group Co. Ltd. | 461800 | 7986098 |
|  | Nichirin Co. Ltd. | 113560 | 2793800 |
|  # | Nihon Chouzai Co. Ltd. | 135823 | 2801806 |
|  | Nihon Denkei Co. Ltd. | 75950 | 1021546 |
|  # | Nihon House Holdings Co. Ltd. | 120697 | 277579 |
|  | Nihon Kagaku Sangyo Co. Ltd. | 86600 | 903570 |
|  # | Nihon Nohyaku Co. Ltd. | 605100 | 3499016 |
|  | Nihon Parkerizing Co. Ltd. | 78800 | 656419 |
|  | Nihon Tokushu Toryo Co. Ltd. | 146300 | 1525799 |
|  | Nihon Yamamura Glass Co. Ltd. | 31599 | 496466 |
|  | Nikkiso Co. Ltd. | 832204 | 6948005 |
|  # | Nikko Co. Ltd. | 481600 | 2291796 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Nikkon Holdings Co. Ltd. | 1391800 | $28728265 |
|  | Nippi, Inc. | 14300 | 554111 |
|  | Nippn Corp. | 604500 | 9528171 |
|  # | Nippon Beet Sugar Manufacturing Co. Ltd. | 106899 | 1761675 |
|  | Nippon Carbide Industries Co., Inc. | 68106 | 803191 |
|  # | Nippon Carbon Co. Ltd. | 4100 | 120225 |
|  # | Nippon Chemical Industrial Co. Ltd. | 55600 | 822353 |
|  #\* | Nippon Chemi-Con Corp. | 272284 | 1861039 |
|  #\* | Nippon Coke & Engineering Co. Ltd. | 845952 | 509576 |
|  # | Nippon Concrete Industries Co. Ltd. | 749599 | 1750631 |
|  | Nippon Denko Co. Ltd. | 1031400 | 1937735 |
|  | Nippon Densetsu Kogyo Co. Ltd. | 396999 | 6033575 |
|  | Nippon Electric Glass Co. Ltd. | 1192000 | 27273847 |
|  # | Nippon Felt Co. Ltd. | 108100 | 350677 |
|  # | Nippon Filcon Co. Ltd. | 45500 | 161192 |
|  # | Nippon Hume Corp. | 488200 | 6447216 |
|  | Nippon Kayaku Co. Ltd. | 1003200 | 9451758 |
|  | Nippon Kodoshi Corp. | 1000 | 12482 |
|  | Nippon Light Metal Holdings Co. Ltd. | 462017 | 4816956 |
|  | Nippon Paper Industries Co. Ltd. | 1022257 | 7903664 |
|  # | Nippon Rietec Co. Ltd. | 24940 | 282329 |
|  | Nippon Road Co. Ltd. | 407600 | 5582868 |
|  | Nippon Seiki Co. Ltd. | 503000 | 3851491 |
|  # | Nippon Seisen Co. Ltd. | 243500 | 1809862 |
|  | Nippon Sharyo Ltd. | 36399 | 514330 |
|  #\* | Nippon Sheet Glass Co. Ltd. | 869407 | 2493786 |
|  | Nippon Shokubai Co. Ltd. | 1268100 | 14861030 |
|  | Nippon Signal Co. Ltd. | 486109 | 3334704 |
|  | Nippon Soda Co. Ltd. | 881800 | 16544453 |
|  # | Nippon Thompson Co. Ltd. | 850363 | 2901430 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Nippon Yakin Kogyo Co. Ltd. | 264746 | $7518568 |
|  | Nipro Corp. | 785096 | 6957283 |
|  # | Nishikawa Rubber Co. Ltd. | 60000 | 1038169 |
|  | Nishi-Nippon Financial Holdings, Inc. | 1992400 | 29268046 |
|  | Nishio Holdings Co. Ltd. | 200000 | 5754846 |
|  # | Nissan Shatai Co. Ltd. | 92900 | 687330 |
|  # | Nissan Tokyo Sales Holdings Co. Ltd. | 526800 | 1800674 |
|  # | Nissei Plastic Industrial Co. Ltd. | 270100 | 1574967 |
|  | Nissha Co. Ltd. | 515315 | 4416130 |
|  | Nisshin Group Holdings Co. Ltd. | 756000 | 2707320 |
|  | Nisshin Oillio Group Ltd. | 624300 | 21550375 |
|  | Nisshinbo Holdings, Inc. | 2125574 | 12706045 |
|  | Nissin Corp. | 264403 | 8911093 |
|  | Nissui Corp. | 1329700 | 8087549 |
|  | Nitta Corp. | 150696 | 3873924 |
|  | Nitta Gelatin, Inc. | 108937 | 624375 |
|  | Nittetsu Mining Co. Ltd. | 291398 | 12672476 |
|  | Nitto Fuji Flour Milling Co. Ltd. | 62500 | 3006736 |
|  # | Nitto Kohki Co. Ltd. | 55700 | 665695 |
|  # | Nitto Seiko Co. Ltd. | 496347 | 2056301 |
|  # | Nittoku Co. Ltd. | 45000 | 639290 |
|  | Noda Corp. | 62800 | 290882 |
|  | Nojima Corp. | 23400 | 420725 |
|  | NOK Corp. | 913220 | 12619616 |
|  | Noritake Co. Ltd. | 423000 | 11024349 |
|  | Noritsu Koki Co. Ltd. | 193400 | 6106998 |
|  | Noritz Corp. | 283562 | 3486773 |
|  | North Pacific Bank Ltd. | 4002800 | 13994921 |
|  | Nozawa Corp. | 15000 | 88099 |
|  | NPR-RIKEN Corp. | 323745 | 5369088 |
|  | NS United Kaiun Kaisha Ltd. | 228500 | 6045686 |
|  | NSK Ltd. | 506200 | 2211130 |
|  # | NTN Corp. | 8102748 | 12479177 |
|  | Ogaki Kyoritsu Bank Ltd. | 42030 | 682094 |
|  # | Ohara, Inc. | 53800 | 389478 |
|  # | Ohashi Technica, Inc. | 183800 | 2530165 |
|  | Oiles Corp. | 36400 | 544608 |
|  | Oita Bank Ltd. | 1200 | 28642 |
|  | Okabe Co. Ltd. | 290159 | 1803932 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Okamoto Industries, Inc. | 400 | $14102 |
|  | Okamoto Machine Tool Works Ltd. | 13800 | 337980 |
|  | Okasan Securities Group, Inc. | 1185900 | 5295042 |
|  | Oki Electric Industry Co. Ltd. | 1161985 | 7739129 |
|  | Okinawa Financial Group, Inc. | 164682 | 2856581 |
|  | OKUMA Corp. | 70900 | 1592878 |
|  # | Okumura Corp. | 323000 | 10018423 |
|  | Okura Industrial Co. Ltd. | 142449 | 4122801 |
|  # | Okuwa Co. Ltd. | 235992 | 1506279 |
|  | Onamba Co. Ltd. | 6800 | 42814 |
|  # | Onoken Co. Ltd. | 284649 | 2981027 |
|  # | Orient Corp. | 205152 | 1126232 |
|  | Oriental Shiraishi Corp. | 791600 | 2085490 |
|  # | Osaka Steel Co. Ltd. | 372200 | 6248585 |
|  | Osaki Electric Co. Ltd. | 500360 | 2977983 |
|  | OUG Holdings, Inc. | 24500 | 541024 |
|  | Oyo Corp. | 29500 | 553012 |
|  # | Pacific Industrial Co. Ltd. | 894924 | 7858766 |
|  # | Pack Corp. | 26300 | 597770 |
|  | PALTAC Corp. | 17200 | 476984 |
|  | Parker Corp. | 31800 | 178105 |
|  | Pegasus Co. Ltd. | 77379 | 257241 |
|  | Pickles Holdings Co. Ltd. | 4595 | 29814 |
|  | Piolax, Inc. | 475587 | 7292262 |
|  | Press Kogyo Co. Ltd. | 1839600 | 7017716 |
|  | Prima Meat Packers Ltd. | 21300 | 342831 |
|  | Procrea Holdings, Inc. | 70746 | 809127 |
|  | PS Construction Co. Ltd. | 162129 | 1735604 |
|  | Punch Industry Co. Ltd. | 14500 | 39986 |
|  | Raiznext Corp. | 11000 | 114917 |
|  | Rasa Corp. | 105200 | 1050174 |
|  # | Rasa Industries Ltd. | 107000 | 2056623 |
|  | Rengo Co. Ltd. | 2007500 | 11206857 |
|  #\* | RENOVA, Inc. | 294445 | 1348742 |
|  | Restar Corp. | 127700 | 2001707 |
|  # | Retail Partners Co. Ltd. | 158200 | 1520843 |
|  # | Rhythm Co. Ltd. | 124300 | 3281214 |
|  # | Ricoh Leasing Co. Ltd. | 362000 | 13941041 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Riken Technos Corp. | 934500 | $6567457 |
|  | Rion Co. Ltd. | 7900 | 131958 |
|  # | Ryobi Ltd. | 382632 | 5578802 |
|  # | RYODEN Corp. | 368900 | 6247058 |
|  | S Foods, Inc. | 39500 | 745940 |
|  # | Sac's Bar Holdings, Inc. | 5800 | 33932 |
|  | Sakai Chemical Industry Co. Ltd. | 256684 | 4519463 |
|  | Sakai Heavy Industries Ltd. | 141200 | 2006363 |
|  | Sakata INX Corp. | 367030 | 4763652 |
|  | Sala Corp. | 669140 | 4285803 |
|  # | San Holdings, Inc. | 386400 | 3258332 |
|  | San ju San Financial Group, Inc. | 100700 | 1619379 |
|  | San-Ai Obbli Co. Ltd. | 688300 | 8082916 |
|  | San-In Godo Bank Ltd. | 2985500 | 26523748 |
|  | Sanki Engineering Co. Ltd. | 146200 | 3735552 |
|  | Sanko Gosei Ltd. | 363747 | 1554818 |
|  | Sanko Metal Industrial Co. Ltd. | 42500 | 1759710 |
|  # | Sankyo Seiko Co. Ltd. | 299500 | 1334358 |
|  # | Sankyo Tateyama, Inc. | 266977 | 1192829 |
|  | Sankyu, Inc. | 13800 | 603971 |
|  # | Sanoh Industrial Co. Ltd. | 335100 | 1451250 |
|  | Sansei Technologies, Inc. | 94723 | 838502 |
|  | Sansha Electric Manufacturing Co. Ltd. | 176300 | 997917 |
|  # | Sanshin Electronics Co. Ltd. | 7400 | 102465 |
|  | Sanyo Chemical Industries Ltd. | 108900 | 2743526 |
|  # | Sanyo Denki Co. Ltd. | 80800 | 5552975 |
|  | Sanyo Industries Ltd. | 42000 | 851505 |
|  | Sanyo Shokai Ltd. | 25900 | 500025 |
|  | Sanyo Trading Co. Ltd. | 150900 | 1484271 |
|  # | Sata Construction Co. Ltd. | 14200 | 109094 |
|  | Sato Corp. | 14800 | 214174 |
|  # | Sato Shoji Corp. | 236800 | 2441191 |
|  | SAXA, Inc. | 66099 | 1399513 |
|  | Scroll Corp. | 4900 | 35241 |
|  | SEC Carbon Ltd. | 19700 | 273265 |
|  | Seibu Electric & Machinery Co. Ltd. | 5500 | 73109 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Seika Corp. | 82166 | $2528294 |
|  | Seiko Group Corp. | 243264 | 6421366 |
|  | Sekisui Jushi Corp. | 244213 | 3192491 |
|  | Sekisui Kasei Co. Ltd. | 23397 | 53655 |
|  | Senshu Ikeda Holdings, Inc. | 4018444 | 13269886 |
|  # | Shibaura Machine Co. Ltd. | 218000 | 5503499 |
|  | Shibusawa Logistics Corp. | 165700 | 3698373 |
|  | Shibuya Corp. | 42400 | 920535 |
|  | Shiga Bank Ltd. | 163000 | 6554245 |
|  | Shikibo Ltd. | 6370 | 43188 |
|  | Shikoku Bank Ltd. | 263999 | 2194941 |
|  | Shinagawa Refractories Co. Ltd. | 527900 | 6088597 |
|  # | Shindengen Electric Manufacturing Co. Ltd. | 69299 | 1002351 |
|  # | Shinko Shoji Co. Ltd. | 134200 | 836628 |
|  | Shinmaywa Industries Ltd. | 337100 | 3176530 |
|  | Shinnihon Corp. | 492000 | 5685774 |
|  | Shinsho Corp. | 345297 | 4551309 |
|  | Shinwa Co. Ltd. (3447 JP) | 43400 | 220656 |
|  | Shinwa Co. Ltd. (7607 JP) | 2700 | 57273 |
|  | Shizuoka Gas Co. Ltd. | 729000 | 6007430 |
|  | Showa Sangyo Co. Ltd. | 113663 | 2406908 |
|  | Sigma Koki Co. Ltd. | 4200 | 38799 |
|  | Siix Corp. | 249920 | 1840331 |
|  | Sinanen Holdings Co. Ltd. | 122900 | 5715269 |
|  | Sintokogio Ltd. | 276362 | 1610917 |
|  | SK-Electronics Co. Ltd. | 18563 | 299382 |
|  | SKY Perfect JSAT Holdings, Inc. | 2834700 | 22916097 |
|  # | SMK Corp. | 39549 | 648688 |
|  # | Soda Nikka Co. Ltd. | 155200 | 1118495 |
|  | Sodick Co. Ltd. | 161566 | 849157 |
|  | Soft99 Corp. | 88100 | 1065787 |
|  | Soken Chemical & Engineering Co. Ltd. | 172000 | 1828197 |
|  # | Space Co. Ltd. | 7400 | 56639 |
|  | SPK Corp. | 110236 | 1593945 |
|  | Star Mica Holdings Co. Ltd. | 72229 | 493433 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Star Micronics Co. Ltd. | 67700 | $776372 |
|  | Starzen Co. Ltd. | 558870 | 4771906 |
|  | Stella Chemifa Corp. | 43200 | 1128245 |
|  | Subaru Enterprise Co. Ltd. | 57900 | 1335479 |
|  # | Sugimoto & Co. Ltd. | 267838 | 3016547 |
|  # | SUMCO Corp. | 231000 | 1592996 |
|  | Sumida Corp. | 306516 | 2030830 |
|  # | Suminoe Co. Ltd. | 125300 | 1103922 |
|  | Sumitomo Heavy Industries Ltd. | 93800 | 1953086 |
|  | Sumitomo Mitsui Construction Co. Ltd. | 111100 | 393754 |
|  | Sumitomo Osaka Cement Co. Ltd. | 438624 | 11978198 |
|  | Sumitomo Riko Co. Ltd. | 716424 | 8193194 |
|  | Sumitomo Seika Chemicals Co. Ltd. | 136014 | 4536094 |
|  | Sumitomo Warehouse Co. Ltd. | 1113500 | 21628852 |
|  | Sun Frontier Fudousan Co. Ltd. | 489000 | 6691904 |
|  \* | Suncall Corp. | 40800 | 90313 |
|  # | Sun-Wa Technos Corp. | 260300 | 3856218 |
|  # | Suruga Bank Ltd. | 2652300 | 23493813 |
|  | Suzuken Co. Ltd. | 14738 | 532449 |
|  | Suzuki Co. Ltd. | 212723 | 2406554 |
|  | T RAD Co. Ltd. | 66400 | 1782836 |
|  | Tachibana Eletech Co. Ltd. | 373820 | 6113592 |
|  # | Tachikawa Corp. | 207261 | 2178277 |
|  # | Tachi-S Co. Ltd. | 219100 | 2417056 |
|  | Tadano Ltd. | 228000 | 1579601 |
|  # | Taihei Dengyo Kaisha Ltd. | 242100 | 8279664 |
|  | Taiheiyo Cement Corp. | 1120921 | 30181204 |
|  | Taiheiyo Kouhatsu, Inc. | 40500 | 191315 |
|  # | Taiho Kogyo Co. Ltd. | 109999 | 501493 |
|  # | Taisei Lamick Group Head Quarter & Innovation Co. Ltd. | 6900 | 119712 |
|  # | Taiyo Yuden Co. Ltd. | 580415 | 8753967 |
|  | Takamatsu Construction Group Co. Ltd. | 166800 | 3378893 |
|  | Takano Co. Ltd. | 66100 | 329775 |
|  | Takaoka Toko Co. Ltd. | 225644 | 3628937 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Takara Holdings, Inc. | 88000 | $710253 |
|  | Takara Standard Co. Ltd. | 549853 | 6949603 |
|  | Takasago International Corp. | 167510 | 7868401 |
|  | Takashima & Co. Ltd. | 209400 | 1918521 |
|  | Takashimaya Co. Ltd. | 1738634 | 13405126 |
|  | Take & Give Needs Co. Ltd. | 9500 | 57434 |
|  # | TAKEBISHI Corp. | 70500 | 878623 |
|  # | Tamura Corp. | 488839 | 1559306 |
|  | Tanabe Engineering Corp. | 26400 | 398450 |
|  | Tayca Corp. | 127983 | 1165334 |
|  # | Tbk Co. Ltd. | 221800 | 448808 |
|  # | Techno Ryowa Ltd. | 220770 | 4406660 |
|  | Teijin Ltd. | 1732426 | 14525840 |
|  # | Teikoku Tsushin Kogyo Co. Ltd. | 158200 | 2610768 |
|  # | Tenma Corp. | 329900 | 8231190 |
|  | Tera Probe, Inc. | 22599 | 419349 |
|  | Terasaki Electric Co. Ltd. | 19800 | 290807 |
|  | Tess Holdings Co. Ltd. | 237600 | 555164 |
|  | THK Co. Ltd. | 139992 | 3448700 |
|  | Tigers Polymer Corp. | 212200 | 1293350 |
|  | Toa Corp. (1885 JP) | 1057400 | 10216034 |
|  # | Toa Corp. (6809 JP) | 171267 | 1112424 |
|  | TOA ROAD Corp. | 430700 | 4605013 |
|  | Toagosei Co. Ltd. | 1643400 | 15461767 |
|  | TOBISHIMA HOLDINGS, Inc. | 239176 | 3008356 |
|  | TOC Co. Ltd. | 34600 | 153067 |
|  | Toda Corp. | 1960100 | 12487635 |
|  | Toenec Corp. | 1081700 | 8566566 |
|  | Togami Electric Manufacturing Co. Ltd. | 13600 | 329872 |
|  | Toho Bank Ltd. | 906645 | 2236305 |
|  | Toho Holdings Co. Ltd. | 36600 | 1196506 |
|  # | Tohoku Bank Ltd. | 45014 | 338821 |
|  # | Tokai Carbon Co. Ltd. | 699771 | 4515474 |
|  | Tokai Corp. | 87663 | 1289336 |
|  | Tokai Rika Co. Ltd. | 915900 | 13641039 |
|  | Tokai Tokyo Financial Holdings, Inc. | 2609765 | 8619655 |
|  # | Tokushu Tokai Paper Co. Ltd. | 162281 | 4239121 |
|  | Tokuyama Corp. | 990067 | 20209648 |
|  # | Tokyo Energy & Systems, Inc. | 510410 | 4030983 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Tokyo Kiraboshi Financial Group, Inc. | 337888 | $13356374 |
|  | Tokyo Rope Manufacturing Co. Ltd. | 165300 | 1402863 |
|  # | Tokyo Sangyo Co. Ltd. | 298700 | 1450967 |
|  | Tokyo Steel Manufacturing Co. Ltd. | 48800 | 551772 |
|  # | Tokyo Tekko Co. Ltd. | 125300 | 4884033 |
|  | Tokyu Construction Co. Ltd. | 235500 | 1367301 |
|  | Toli Corp. | 945900 | 3234219 |
|  # | Tomato Bank Ltd. | 37100 | 306872 |
|  # | Tomen Devices Corp. | 17800 | 665155 |
|  # | Tomoe Corp. | 641900 | 6675830 |
|  # | Tomoe Engineering Co. Ltd. | 284700 | 2756787 |
|  # | Tomoku Co. Ltd. | 236964 | 4060922 |
|  | TOMONY Holdings, Inc. | 617786 | 2367304 |
|  | Topre Corp. | 357299 | 4365616 |
|  | Topy Industries Ltd. | 141499 | 2051016 |
|  | Tosho Co. Ltd. | 63999 | 246212 |
|  | Towa Bank Ltd. | 245202 | 1052344 |
|  | Towa Pharmaceutical Co. Ltd. | 144440 | 2680205 |
|  # | Toyo Construction Co. Ltd. | 672100 | 6304405 |
|  # | Toyo Engineering Corp. | 153710 | 725718 |
|  # | Toyo Innovex Co. Ltd. | 201600 | 815177 |
|  | Toyo Kanetsu KK | 89500 | 2223762 |
|  | Toyo Logistics Co. Ltd. | 1499 | 15387 |
|  | Toyo Tanso Co. Ltd. | 31175 | 876085 |
|  | Toyo Tire Corp. | 1301392 | 24331859 |
|  | Toyo Wharf & Warehouse Co. Ltd. | 46799 | 417838 |
|  # | Toyobo Co. Ltd. | 669173 | 4151429 |
|  | Toyoda Gosei Co. Ltd. | 318601 | 6117667 |
|  | Toyota Boshoku Corp. | 172700 | 2478026 |
|  # | TPR Co. Ltd. | 269471 | 4013139 |
|  | Trinity Industrial Corp. | 12100 | 90047 |
|  | Trusco Nakayama Corp. | 21300 | 317775 |
|  | TS Tech Co. Ltd. | 1148500 | 12981159 |
|  | TSI Holdings Co. Ltd. | 639005 | 4808876 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Tsubakimoto Chain Co. | 1239716 | $15060468 |
|  # | Tsubakimoto Kogyo Co. Ltd. | 66100 | 1001733 |
|  | Tsukishima Holdings Co. Ltd. | 462530 | 6491355 |
|  | Tsukuba Bank Ltd. | 224867 | 379221 |
|  | Tsumura & Co. | 23200 | 697648 |
|  | Tsurumi Manufacturing Co. Ltd. | 191300 | 4439301 |
|  | TV Asahi Holdings Corp. | 168700 | 3068457 |
|  | Tv Tokyo Holdings Corp. | 135800 | 3775571 |
|  | TYK Corp. | 479200 | 1649977 |
|  | UACJ Corp. | 649269 | 21905258 |
|  | UBE Corp. | 1658555 | 24333396 |
|  | Ueki Corp. | 28500 | 379148 |
|  # | Unipres Corp. | 308239 | 2165677 |
|  | United Super Markets Holdings, Inc. | 266800 | 1715949 |
|  # | Urbanet Corp. Co. Ltd. | 73700 | 236910 |
|  | Ushio, Inc. | 19400 | 233341 |
|  | V Technology Co. Ltd. | 7800 | 109933 |
|  | Valor Holdings Co. Ltd. | 350830 | 6138317 |
|  | Vital KSK Holdings, Inc. | 122900 | 1131330 |
|  | VT Holdings Co. Ltd. | 197564 | 699106 |
|  # | Wakachiku Construction Co. Ltd. | 155900 | 4359170 |
|  | Wakita & Co. Ltd. | 832300 | 10284756 |
|  | Warabeya Nichiyo Holdings Co. Ltd. | 168068 | 2599554 |
|  | Wellneo Sugar Co. Ltd. | 177200 | 2936276 |
|  | Wood One Co. Ltd. | 26275 | 162496 |
|  | World Co. Ltd. | 278500 | 5173321 |
|  | World Holdings Co. Ltd. | 1100 | 15411 |
|  | Wowow, Inc. | 8300 | 59770 |
|  # | Xebio Holdings Co. Ltd. | 196846 | 1795794 |
|  # | Yahagi Construction Co. Ltd. | 248700 | 2530123 |
|  | YAMABIKO Corp. | 395545 | 5919378 |
|  # | Yamae Group Holdings Co. Ltd. | 20736 | 376131 |
|  | Yamaguchi Financial Group, Inc. | 230247 | 2720216 |
|  # | Yamatane Corp. | 203099 | 6390197 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Yamato Corp. | 337500 | $| 3897137 |
|  | Yamaya Corp. | 55400 |  | 1115090 |
|  # | Yamazen Corp. | 219500 |  | 2158218 |
|  # | Yasuda Logistics Corp. | 320600 |  | 3817423 |
|  | Yellow Hat Ltd. | 503600 |  | 4799437 |
|  | Yodogawa Steel Works Ltd. | 437300 |  | 17705423 |
|  | Yokogawa Bridge Holdings Corp. | 214000 |  | 3920687 |
|  # | Yokorei Co. Ltd. | 969700 |  | 5792063 |
|  | Yokowo Co. Ltd. | 84800 |  | 726662 |
|  | Yondenko Corp. | 473600 |  | 4465729 |
|  # | Yorozu Corp. | 102207 |  | 733109 |
|  # | Yotai Refractories Co. Ltd. | 99100 |  | 1233140 |
|  | Yuasa Funashoku Co. Ltd. | 39299 |  | 1113943 |
|  | Yuasa Trading Co. Ltd. | 47000 |  | 1438325 |
|  | Yuken Kogyo Co. Ltd. | 7800 |  | 131581 |
|  | Yurtec Corp. | 1000000 |  | 12912884 |
|  | Yushiro, Inc. | 158700 |  | 2101579 |
|  | Yutaka Giken Co. Ltd. | 15500 |  | 234938 |
|  | Zacros Corp. | 66600 |  | 1846781 |
|  | Zeon Corp. | 590900 |  | 5794494 |
|  TOTAL JAPAN | TOTAL JAPAN | TOTAL JAPAN |  | 3105830830 |
|  LIECHTENSTEIN — (0.2%) | LIECHTENSTEIN — (0.2%) | LIECHTENSTEIN — (0.2%) | LIECHTENSTEIN — (0.2%) | LIECHTENSTEIN — (0.2%) |
|  | Liechtensteinische Landesbank AG | 203389 |  | 18673887 |
|  | VP Bank AG, Class A | 55918 |  | 5574873 |
|  TOTAL LIECHTENSTEIN | TOTAL LIECHTENSTEIN | TOTAL LIECHTENSTEIN |  | 24248760 |
|  LUXEMBOURG — (0.5%) | LUXEMBOURG — (0.5%) | LUXEMBOURG — (0.5%) | LUXEMBOURG — (0.5%) | LUXEMBOURG — (0.5%) |
|  | Aperam SA | 780246 |  | 22703151 |
|  W | B&S Group SARL | 9819 |  | 64699 |
|  W | Befesa SA | 290201 |  | 8824167 |
|  | d'Amico International Shipping SA | 707426 |  | 2623667 |
|  # | RTL Group SA | 171430 |  | 7030439 |
|  # | SES SA | 5081449 |  | 26941830 |
|  TOTAL LUXEMBOURG | TOTAL LUXEMBOURG | TOTAL LUXEMBOURG |  | 68187953 |
|  MONACO — (0.0%) | MONACO — (0.0%) | MONACO — (0.0%) | MONACO — (0.0%) | MONACO — (0.0%) |
|  | Societe des Bains de Mer et du Cercle des Etrangers a Monaco | 1285 |  | 148219 |
|  NETHERLANDS — (2.5%) | NETHERLANDS — (2.5%) | NETHERLANDS — (2.5%) | NETHERLANDS — (2.5%) | NETHERLANDS — (2.5%) |
|  | Aalberts NV | 178040 |  | 5912107 |
|  | Acomo NV | 41689 |  | 1024600 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) |
|  # | AMG Critical Materials NV | 75719 | $| 1349578 |
|  | Ariston Holding NV | 173233 |  | 781153 |
|  # | Brembo NV | 22153 |  | 207146 |
|  # | Brunel International NV | 51510 |  | 543386 |
|  | Cementir Holding NV | 1272630 |  | 20865523 |
|  | Corbion NV | 82135 |  | 1756491 |
|  | COSMO Pharmaceuticals NV | 12172 |  | 705901 |
|  | Flow Traders Ltd. | 101509 |  | 3005553 |
|  | ForFarmers NV | 366731 |  | 1750123 |
|  # | Fugro NV | 690178 |  | 8094140 |
|  | Iveco Group NV | 2625170 |  | 41939952 |
|  \*W | Just Eat Takeaway.com NV (TKWY NA) | 144987 |  | 3173055 |
|  # | Kendrion NV | 8276 |  | 96367 |
|  | Koninklijke BAM Groep NV | 5445668 |  | 36887818 |
|  | Koninklijke Heijmans NV | 587961 |  | 30114794 |
|  | Koninklijke Vopak NV | 589852 |  | 24390776 |
|  | MFE-MediaForEurope NV (MFEA IM), Class A | 2066673 |  | 7517070 |
|  # | MFE-MediaForEurope NV (MFEB IM), Class B | 694801 |  | 3381475 |
|  | RHI Magnesita NV | 19239 |  | 803538 |
|  | SBM Offshore NV | 3105767 |  | 65295869 |
|  W | Signify NV | 2003259 |  | 41525700 |
|  # | Sligro Food Group NV | 74224 |  | 1002623 |
|  | Van Lanschot Kempen NV | 172348 |  | 10062968 |
|  TOTAL NETHERLANDS | TOTAL NETHERLANDS | TOTAL NETHERLANDS |  | 312187706 |
|  NEW ZEALAND — (0.1%) | NEW ZEALAND — (0.1%) | NEW ZEALAND — (0.1%) | NEW ZEALAND — (0.1%) | NEW ZEALAND — (0.1%) |
|  | Air New Zealand Ltd. | 1008574 |  | 347553 |
|  # | Chorus Ltd. (CNU NZ) | 475234 |  | 2241345 |
|  # | Colonial Motor Co. Ltd. | 247107 |  | 1000299 |
|  \* | Fletcher Building Ltd. (FBU NZ) | 544782 |  | 991903 |
|  | Genesis Energy Ltd. | 73617 |  | 96198 |
|  \* | KMD Brands Ltd. | 1707717 |  | 333672 |
|  | Millennium & Copthorne Hotels New Zealand Ltd. | 806695 |  | 1334285 |
|  # | NZME Ltd. (NZM AU) | 1012279 |  | 628239 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) |
|  | PGG Wrightson Ltd. | 121001 | $| 138114 |
|  \*†† | RPNZ Ltd. | 832183 |  | 0 |
|  \* | Ryman Healthcare Ltd. | 182676 |  | 239607 |
|  | Sanford Ltd. | 824750 |  | 2243567 |
|  | SKY Network Television Ltd. | 1100907 |  | 1613209 |
|  | SKYCITY Entertainment Group Ltd. | 26814 |  | 18205 |
|  | Summerset Group Holdings Ltd. | 98347 |  | 629346 |
|  TOTAL NEW ZEALAND | TOTAL NEW ZEALAND | TOTAL NEW ZEALAND |  | 11855542 |
|  NORWAY — (0.6%) | NORWAY — (0.6%) | NORWAY — (0.6%) | NORWAY — (0.6%) | NORWAY — (0.6%) |
|  \* | Akastor ASA | 421923 |  | 453993 |
|  | AMSC ASA | 696766 |  | 1790564 |
|  \* | Archer Ltd. | 24324 |  | 47865 |
|  | Austevoll Seafood ASA | 194499 |  | 1832345 |
|  #W | Avance Gas Holding Ltd. | 195461 |  | 73875 |
|  | B2 Impact ASA | 1942737 |  | 2127586 |
|  | Bonheur ASA | 167221 |  | 3872080 |
|  | BW Offshore Ltd. | 1218543 |  | 3339553 |
|  \* | Cloudberry Clean Energy ASA | 12999 |  | 15546 |
|  | DNO ASA | 6867441 |  | 7832477 |
|  \*W | Elkem ASA | 1753028 |  | 3083710 |
|  # | FLEX LNG Ltd. (FLNG NO) | 2529 |  | 61015 |
|  # | Golden Ocean Group Ltd. | 42194 |  | 325304 |
|  \* | Hexagon Composites ASA | 64018 |  | 115441 |
|  # | Hoegh Autoliners ASA | 124720 |  | 1003814 |
|  W | Klaveness Combination Carriers ASA | 64644 |  | 375323 |
|  #\* | Kongsberg Automotive ASA | 2330915 |  | 302876 |
|  \* | LINK Mobility Group Holding ASA | 462779 |  | 1089765 |
|  | MPC Container Ships ASA | 5283444 |  | 7812908 |
|  #\*W | Norske Skog ASA | 393469 |  | 686868 |
|  \* | Northern Ocean Ltd. | 77255 |  | 43719 |
|  \* | NRC Group ASA | 53462 |  | 25419 |
|  | Odfjell Drilling Ltd. | 1919859 |  | 9993403 |
|  # | Odfjell SE, Class A | 315938 |  | 2980979 |
|  | Panoro Energy ASA | 354123 |  | 774086 |
|  | Pareto Bank ASA | 93962 |  | 666961 |
|  \*W | Scatec ASA | 275485 |  | 2102404 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
|  | Sea1 offshore, Inc. | 436026 | $| 824810 |
|  | Selvaag Bolig ASA | 14297 |  | 47989 |
|  #\*W | Shelf Drilling Ltd. | 746135 |  | 338130 |
|  #†† | Solstad Maritime Holding AS | 26825 |  | 19339 |
|  | Sparebank 1 Oestlandet | 87879 |  | 1463501 |
|  | SpareBank 1 Sor-Norge ASA | 23192 |  | 370081 |
|  | Sparebanken More | 26499 |  | 254707 |
|  | Sparebanken Sor | 1413 |  | 27646 |
|  | Stolt-Nielsen Ltd. | 179294 |  | 4025525 |
|  | TGS ASA | 609017 |  | 4542301 |
|  | Wilh Wilhelmsen Holding ASA, Class A | 191851 |  | 7149519 |
|  TOTAL NORWAY | TOTAL NORWAY |  |  | 71893427 |
|  PORTUGAL — (0.7%) | PORTUGAL — (0.7%) | PORTUGAL — (0.7%) | PORTUGAL — (0.7%) | PORTUGAL — (0.7%) |
|  | Banco Comercial Portugues SA, Class R | 104650714 |  | 66934423 |
|  | Semapa-Sociedade de Investimento e Gestao | 30029 |  | 562854 |
|  | Sonae SGPS SA | 10400396 |  | 13207833 |
|  TOTAL PORTUGAL | TOTAL PORTUGAL |  |  | 80705110 |
|  SINGAPORE — (0.6%) | SINGAPORE — (0.6%) | SINGAPORE — (0.6%) | SINGAPORE — (0.6%) | SINGAPORE — (0.6%) |
|  | Banyan Tree Holdings Ltd. | 2885600 |  | 716809 |
|  | Bonvests Holdings Ltd. | 1274180 |  | 903547 |
|  | Bukit Sembawang Estates Ltd. | 99500 |  | 269684 |
|  W | BW LPG Ltd. | 508926 |  | 5112434 |
|  # | China Aviation Oil Singapore Corp. Ltd. | 1862000 |  | 1212141 |
|  | Chuan Hup Holdings Ltd. | 3865400 |  | 474470 |
|  \* | COSCO Shipping International Singapore Co. Ltd. | 2364100 |  | 226366 |
|  \* | Del Monte Pacific Ltd. | 916400 |  | 47114 |
|  #\*†† | Ezra Holdings Ltd. | 12978893 |  | 0 |
|  | Far East Orchard Ltd. | 3345807 |  | 2609058 |
|  | First Resources Ltd. | 168900 |  | 195414 |
|  # | First Sponsor Group Ltd. | 1045655 |  | 853285 |
|  | Geo Energy Resources Ltd. | 2612300 |  | 711377 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | Golden Agri-Resources Ltd. | 54366200 | $9993707 |
|  | GP Industries Ltd. | 118808 | 43012 |
|  | GuocoLand Ltd. | 2651700 | 2862657 |
|  | Haw Par Corp. Ltd. | 333600 | 3311530 |
|  | Hiap Hoe Ltd. | 65200 | 25619 |
|  | Ho Bee Land Ltd. | 5392300 | 7429756 |
|  # | Hong Fok Corp. Ltd. | 5107660 | 2873742 |
|  | Hong Leong Asia Ltd. | 3070800 | 2567949 |
|  | Hong Leong Finance Ltd. | 1148400 | 2265332 |
|  | Hotel Grand Central Ltd. | 2704349 | 1438030 |
|  | Hutchison Port Holdings Trust | 30240800 | 4501978 |
|  #\*†† | Hyflux Ltd. | 5949038 | 0 |
|  | Indofood Agri Resources Ltd. | 423200 | 101978 |
|  | InnoTek Ltd. | 62100 | 18750 |
|  | ISDN Holdings Ltd. | 108155 | 26156 |
|  \*†† | Jurong Technologies Industrial Corp. Ltd. | 3391000 | 0 |
|  | Low Keng Huat Singapore Ltd. | 275800 | 63287 |
|  | Metro Holdings Ltd. | 5608360 | 1588844 |
|  \*†† | Midas Holdings Ltd. | 29676800 | 0 |
|  | Netlink NBN Trust | 945600 | 662230 |
|  # | Olam Group Ltd. | 361200 | 267372 |
|  | OUE Ltd. | 2396000 | 1724373 |
|  | PSC Corp. Ltd. | 3464343 | 914612 |
|  | QAF Ltd. | 3152608 | 2016221 |
|  \* | Rex International Holding Ltd. | 773300 | 70569 |
|  # | Samudera Shipping Line Ltd. | 581500 | 369835 |
|  | SIIC Environment Holdings Ltd. (SIIC SP) | 1420500 | 175570 |
|  | Sinarmas Land Ltd. | 387100 | 93431 |
|  | Sing Holdings Ltd. | 1587200 | 414225 |
|  | Sing Investments & Finance Ltd. | 264900 | 216856 |
|  | Singapore Land Group Ltd. | 1944021 | 2981415 |
|  # | Singapore Post Ltd. | 3134400 | 1371781 |
|  | Singapura Finance Ltd. | 209700 | 109075 |
|  | Stamford Land Corp. Ltd. | 6012967 | 1620067 |
|  #\*†† | Swiber Holdings Ltd. | 10173200 | 0 |
|  | Tiong Woon Corp. Holding Ltd. | 2088950 | 929884 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | Tuan Sing Holdings Ltd. | 10972730 | $| 2099882 |
|  | UOB-Kay Hian Holdings Ltd. | 556125 |  | 767697 |
|  | UOL Group Ltd. | 5900 |  | 26100 |
|  | Valuetronics Holdings Ltd. | 329900 |  | 161950 |
|  | Wee Hur Holdings Ltd. | 1200300 |  | 482177 |
|  | Wing Tai Holdings Ltd. | 5565754 |  | 4985064 |
|  | Yeo Hiap Seng Ltd. | 323363 |  | 138671 |
|  TOTAL SINGAPORE | TOTAL SINGAPORE |  |  | 75043083 |
|  SPAIN — (4.6%) | SPAIN — (4.6%) | SPAIN — (4.6%) | SPAIN — (4.6%) | SPAIN — (4.6%) |
|  | Acciona SA | 17279 |  | 2517953 |
|  | Acerinox SA | 2991438 |  | 33807090 |
|  \*†† | Adveo Group International SA | 15262 |  | 0 |
|  W | Aedas Homes SA | 86095 |  | 2778553 |
|  | Almirall SA | 61711 |  | 684730 |
|  | Atresmedia Corp. de Medios de Comunicacion SA | 263561 |  | 1663835 |
|  | Banco de Sabadell SA | 91690363 |  | 267532674 |
|  | Bankinter SA | 8510790 |  | 99141652 |
|  # | Corp. ACCIONA Energias Renovables SA | 179971 |  | 3364236 |
|  # | Ebro Foods SA | 1354884 |  | 26464053 |
|  # | EDP Renovaveis SA | 254921 |  | 2387272 |
|  # | Elecnor SA | 23703 |  | 508156 |
|  | Enagas SA | 340538 |  | 5309617 |
|  # | Ence Energia y Celulosa SA | 296152 |  | 955044 |
|  | Ercros SA | 2572637 |  | 8707561 |
|  #W | Gestamp Automocion SA | 1281210 |  | 3827169 |
|  \* | Grifols SA | 610541 |  | 5780982 |
|  # | Grupo Catalana Occidente SA | 680629 |  | 37906074 |
|  | Iberpapel Gestion SA (IBG SM) | 64589 |  | 1490973 |
|  | Mapfre SA | 12199465 |  | 43430092 |
|  #W | Neinor Homes SA | 229357 |  | 3992526 |
|  \* | Solaria Energia y Medio Ambiente SA | 62859 |  | 473802 |
|  | Tubacex SA | 1149209 |  | 4739369 |
|  #W | Unicaja Banco SA | 8554606 |  | 16305511 |
|  | Vocento SA | 678452 |  | 535470 |
|  TOTAL SPAIN | TOTAL SPAIN |  |  | 574304394 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (2.8%) | SWEDEN — (2.8%) | SWEDEN — (2.8%) | SWEDEN — (2.8%) |
|  W | AcadeMedia AB | 993967 | $8179039 |
|  | AFRY AB | 662807 | 11482751 |
|  W | Alimak Group AB | 536764 | 6793571 |
|  # | Alleima AB | 1053226 | 8280806 |
|  # | Alligo AB, Class B | 309371 | 3532423 |
|  W | Ambea AB | 718795 | 8683434 |
|  | Arise AB | 7554 | 26971 |
|  # | Arjo AB, Class B | 2838212 | 9508165 |
|  W | Attendo AB | 1279622 | 8710926 |
|  | Bergman & Beving AB | 357549 | 10855238 |
|  | Betsson AB, Class B | 1100884 | 19253430 |
|  | Billerud Aktiebolag | 449738 | 4745650 |
|  W | Bravida Holding AB | 13230 | 126066 |
|  | Bulten AB | 173893 | 1062014 |
|  | Bure Equity AB | 393507 | 13258371 |
|  | Byggmax Group AB | 880413 | 4347984 |
|  #\* | Cint Group AB | 676465 | 510364 |
|  | Cloetta AB, Class B | 2437041 | 7089842 |
|  W | Coor Service Management Holding AB | 69933 | 281677 |
|  W | Dometic Group AB | 1158019 | 4174940 |
|  # | Elanders AB, Class B | 139356 | 775805 |
|  | Elekta AB, Class B | 138233 | 703899 |
|  # | Fagerhult Group AB | 180613 | 780590 |
|  # | Fasadgruppen Group AB | 28326 | 57086 |
|  | G5 Entertainment AB | 2658 | 35849 |
|  | Granges AB | 2206299 | 27558078 |
|  | Hanza AB | 10423 | 77213 |
|  #\* | Hexatronic Group AB | 665626 | 1761355 |
|  \*W | Hoist Finance AB | 942228 | 8458684 |
|  \* | Humana AB | 299583 | 1266730 |
|  | Inwido AB | 1052133 | 22297537 |
|  | ITAB Shop Concept AB | 177414 | 466678 |
|  | JM AB | 926548 | 14781886 |
|  | Kabe Group AB, Class B | 1549 | 39927 |
|  # | KNOW IT AB | 96346 | 1439571 |
|  | Lindab International AB | 820616 | 17253183 |
|  | Loomis AB | 541445 | 22535713 |
|  | MEKO AB | 656351 | 8618071 |
|  \* | Modern Times Group MTG AB, Class B | 504533 | 6044895 |
|  | Momentum Group AB | 92180 | 1522056 |
|  | NCC AB, Class B | 609877 | 11354354 |
|  | New Wave Group AB, Class B | 1166229 | 14270958 |
|  #\* | Nobia AB | 727261 | 250985 |
|  \* | Norion Bank AB | 545598 | 2221044 |
|  | Peab AB, Class B | 2108061 | 17535016 |
|  | Ratos AB, Class B | 2820309 | 9625136 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | Rejlers AB | 10104 | $| 187540 |
|  \* | Rottneros AB | 1485724 |  | 923815 |
|  | Scandi Standard AB | 91448 |  | 833219 |
|  \* | Sdiptech AB, Class B | 76535 |  | 1714037 |
|  \* | Sensys Gatso Group AB | 15937 |  | 70195 |
|  \*W | Sinch AB | 3716802 |  | 8640714 |
|  \* | Stillfront Group AB | 188855 |  | 96825 |
|  | Storskogen Group AB, Class B | 6095557 |  | 8031053 |
|  | VBG Group AB, Class B | 70679 |  | 1978545 |
|  | Vitrolife AB | 58862 |  | 958046 |
|  TOTAL SWEDEN | TOTAL SWEDEN |  |  | 346069950 |
|  SWITZERLAND — (5.5%) | SWITZERLAND — (5.5%) | SWITZERLAND — (5.5%) | SWITZERLAND — (5.5%) | SWITZERLAND — (5.5%) |
|  # | Adecco Group AG | 1358127 |  | 35346886 |
|  | Allreal Holding AG | 207730 |  | 45771231 |
|  | Arbonia AG | 824926 |  | 6260094 |
|  # | Autoneum Holding AG | 56038 |  | 8398470 |
|  | Banque Cantonale de Geneve | 35289 |  | 10574044 |
|  | Banque Cantonale du Jura SA | 3334 |  | 246296 |
|  | Bell Food Group AG | 35543 |  | 11435545 |
|  # | Bellevue Group AG | 6424 |  | 66846 |
|  | Berner Kantonalbank AG | 52350 |  | 16100677 |
|  | Bucher Industries AG | 13139 |  | 5675050 |
|  # | Bystronic AG | 5283 |  | 1612797 |
|  | Carlo Gavazzi Holding AG | 8949 |  | 2109011 |
|  | Cembra Money Bank AG | 184921 |  | 22321582 |
|  \* | Cicor Technologies Ltd. | 21958 |  | 2961025 |
|  | Cie Financiere Tradition SA | 16344 |  | 4322110 |
|  # | Clariant AG | 1860441 |  | 20823964 |
|  | EFG International AG | 1976447 |  | 29900328 |
|  #\* | Feintool International Holding AG | 60569 |  | 815541 |
|  | Flughafen Zurich AG | 20622 |  | 5196386 |
|  | Forbo Holding AG | 1343 |  | 1288544 |
|  \* | GAM Holding AG | 755916 |  | 95828 |
|  \* | Gurit Holding AG, Class BR | 6198 |  | 97576 |
|  | Helvetia Holding AG | 307135 |  | 67753219 |
|  | Huber & Suhner AG | 16122 |  | 1418624 |
|  | Implenia AG | 306846 |  | 17354425 |
|  | Investis Holding SA | 18803 |  | 2769155 |
|  | Jungfraubahn Holding AG | 29903 |  | 7192290 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  \* | Komax Holding AG | 2208 | $| 274700 |
|  \* | Kudelski SA | 13098 |  | 19105 |
|  | Landis & Gyr Group AG | 297832 |  | 19155681 |
|  | Luzerner Kantonalbank AG | 177541 |  | 15008771 |
|  #W | Medmix AG | 25495 |  | 318998 |
|  # | Meier Tobler Group AG | 583 |  | 24516 |
|  # | Metall Zug AG, Class B | 1370 |  | 1707605 |
|  | Mikron Holding AG | 3236 |  | 62831 |
|  | Mobimo Holding AG | 121734 |  | 47018722 |
|  \*W | Montana Aerospace AG | 48380 |  | 966181 |
|  | Naturenergie Holding AG | 30627 |  | 1201836 |
|  | OC Oerlikon Corp. AG Pfaffikon | 1431407 |  | 6072234 |
|  | Orell Fuessli AG | 244 |  | 28962 |
|  | Phoenix Mecano AG | 8217 |  | 4231755 |
|  # | Rieter Holding AG | 31000 |  | 2640930 |
|  | Schweiter Technologies AG | 6049 |  | 2787601 |
|  | Siegfried Holding AG | 574330 |  | 68377750 |
|  # | Softwareone Holding AG | 35876 |  | 248341 |
|  # | St. Galler Kantonalbank AG | 51311 |  | 30910272 |
|  # | Swatch Group AG (UHR SW) | 21073 |  | 3657054 |
|  # | Swatch Group AG (UHRN SW) | 13879 |  | 482365 |
|  | Swiss Prime Site AG | 448984 |  | 63309445 |
|  | Tecan Group AG | 7831 |  | 1525158 |
|  | Thurgauer Kantonalbank | 11153 |  | 1959605 |
|  | TX Group AG | 12506 |  | 2813447 |
|  | Valiant Holding AG | 60803 |  | 8954941 |
|  | Vaudoise Assurances Holding SA | 22526 |  | 16434735 |
|  | Vetropack Holding AG | 128318 |  | 4432195 |
|  | Vontobel Holding AG | 338564 |  | 24465844 |
|  | V-ZUG Holding AG | 18899 |  | 1591468 |
|  | Walliser Kantonalbank | 18912 |  | 2839822 |
|  | Zehnder Group AG | 118320 |  | 7876220 |
|  | Zug Estates Holding AG, Class B | 799 |  | 2053571 |
|  | Zuger Kantonalbank | 417 |  | 4290664 |
|  TOTAL SWITZERLAND | TOTAL SWITZERLAND |  |  | 675650869 |
|  UNITED KINGDOM — (11.0%) | UNITED KINGDOM — (11.0%) | UNITED KINGDOM — (11.0%) | UNITED KINGDOM — (11.0%) | UNITED KINGDOM — (11.0%) |
|  # | Aberdeen Group PLC | 9094346 |  | 17961393 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Allfunds Group PLC | 848461 | $4789924 |
|  #\* | Alliance Pharma PLC | 315021 | 271602 |
|  | Anglo-Eastern Plantations PLC | 367881 | 3738644 |
|  | Ashmore Group PLC | 1121206 | 2166669 |
|  #\*W | Aston Martin Lagonda Global Holdings PLC | 8065 | 7270 |
|  | Atalaya Mining Copper SA | 245935 | 1199289 |
|  \* | Auction Technology Group PLC | 331142 | 2578704 |
|  W | Bakkavor Group PLC | 2597844 | 5968048 |
|  | Balfour Beatty PLC | 8689209 | 53146453 |
|  | Bellway PLC | 2214562 | 79506611 |
|  | Berkeley Group Holdings PLC | 314944 | 17556014 |
|  | Bloomsbury Publishing PLC | 449494 | 3576644 |
|  | Bodycote PLC | 2372260 | 15087174 |
|  | Breedon Group PLC | 1543693 | 8881219 |
|  | Burford Capital Ltd. | 536142 | 7337646 |
|  \* | Camellia PLC | 434 | 27160 |
|  \* | Capita PLC | 155419 | 381185 |
|  | Capital Ltd. | 127318 | 114473 |
|  | Capricorn Energy PLC | 1140354 | 3774764 |
|  | Card Factory PLC | 3614391 | 4580806 |
|  # | Carr's Group PLC | 661529 | 1125985 |
|  | Castings PLC | 476009 | 1626600 |
|  | Central Asia Metals PLC | 1506179 | 3090528 |
|  | Chemring Group PLC | 628689 | 3358049 |
|  | Chesnara PLC | 1110967 | 3813578 |
|  \* | Close Brothers Group PLC | 1099454 | 4781195 |
|  | Conduit Holdings Ltd. | 259208 | 1193156 |
|  | Costain Group PLC | 467558 | 684836 |
|  | Crest Nicholson Holdings PLC | 2834871 | 6827929 |
|  \* | Currys PLC | 5538515 | 8208297 |
|  \* | De La Rue PLC | 97420 | 168059 |
|  \* | DFS Furniture PLC | 664096 | 1293796 |
|  | Direct Line Insurance Group PLC | 5746086 | 21702970 |
|  | Diversified Energy Co. PLC (DEC LN) | 1537 | 19357 |
|  | Drax Group PLC | 4348698 | 35872203 |
|  | Ecora Resources PLC | 1520075 | 1107935 |
|  | Elementis PLC | 7653595 | 12864352 |
|  \* | EnQuest PLC | 18772042 | 3411964 |
|  | Epwin Group PLC | 229279 | 282831 |
|  | Essentra PLC | 1001509 | 1203814 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Firstgroup PLC | 11068936 | $25531635 |
|  # | Flowtech Fluidpower PLC | 70616 | 50479 |
|  | Foxtons Group PLC | 2507790 | 1981487 |
|  \* | Frasers Group PLC | 2392687 | 21156206 |
|  | Fuller Smith & Turner PLC, Class A | 10187 | 76487 |
|  | Future PLC | 713726 | 6787607 |
|  | Galliford Try Holdings PLC | 552315 | 2873196 |
|  | GB Group PLC | 122007 | 399850 |
|  \* | Genel Energy PLC | 30213 | 22198 |
|  | Genuit Group PLC | 385396 | 1962552 |
|  \* | Georgia Capital PLC | 198291 | 4296093 |
|  | Grainger PLC | 8280203 | 23755468 |
|  \* | Griffin Mining Ltd. | 11516 | 29345 |
|  # | Gulf Keystone Petroleum Ltd. | 1891433 | 3876140 |
|  \* | Gulf Marine Services PLC | 644968 | 147107 |
|  \*W | Gym Group PLC | 7592 | 14636 |
|  | H&T Group PLC | 84898 | 462630 |
|  | Halfords Group PLC | 3158066 | 6537121 |
|  | Hargreaves Services PLC | 18548 | 151630 |
|  | Harworth Group PLC | 412630 | 966633 |
|  | Headlam Group PLC | 381071 | 399749 |
|  | Helical PLC | 756659 | 2179720 |
|  # | Henry Boot PLC | 1192226 | 3464573 |
|  | Hiscox Ltd. | 599347 | 8820988 |
|  \* | Hochschild Mining PLC | 2027898 | 7636446 |
|  | Hunting PLC | 1436880 | 4957781 |
|  W | Ibstock PLC | 1971853 | 4736383 |
|  | IG Group Holdings PLC | 1074142 | 15309717 |
|  | International Distribution Services PLC | 5306434 | 25932368 |
|  # | International Paper Co. | 117917 | 5364142 |
|  | International Personal Finance PLC | 1762429 | 3284678 |
|  | Investec PLC | 148240 | 930822 |
|  | iomart Group PLC | 43211 | 14507 |
|  | Ithaca Energy PLC | 36540 | 64864 |
|  | ITV PLC | 5028219 | 5419376 |
|  \* | James Fisher & Sons PLC | 43951 | 177574 |
|  #\* | John Wood Group PLC | 2015895 | 496081 |
|  | Johnson Matthey PLC | 1243239 | 21405435 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Jupiter Fund Management PLC | 3614285 | $3493606 |
|  | Just Group PLC | 1094802 | 2064989 |
|  | Keller Group PLC | 1423361 | 27103940 |
|  | Kier Group PLC | 3423858 | 6656728 |
|  | Kingfisher PLC | 1511194 | 5808267 |
|  | Lancashire Holdings Ltd. | 1066129 | 8024859 |
|  | Lion Finance Group PLC | 848550 | 68064644 |
|  | LSL Property Services PLC | 6233 | 23239 |
|  | Macfarlane Group PLC | 116320 | 160939 |
|  | Marks & Spencer Group PLC | 15740689 | 81797184 |
|  | Marshalls PLC | 871957 | 3270290 |
|  \* | Marston's PLC | 5036553 | 2423688 |
|  | Mears Group PLC | 1679351 | 8693143 |
|  \* | Mitchells & Butlers PLC | 4887249 | 16219167 |
|  | MJ Gleeson PLC | 574735 | 3888550 |
|  \* | Mobico Group PLC | 3948062 | 1639389 |
|  | Morgan Advanced Materials PLC | 152444 | 400257 |
|  | Morgan Sindall Group PLC | 61103 | 2888297 |
|  | MP Evans Group PLC | 98998 | 1336204 |
|  | Norcros PLC | 227975 | 738788 |
|  W | On the Beach Group PLC | 399757 | 1412743 |
|  | OSB Group PLC | 6222112 | 39549288 |
|  | Pan African Resources PLC | 3447514 | 2045051 |
|  | Paragon Banking Group PLC | 6508032 | 73521725 |
|  | Persimmon PLC | 2556373 | 44240513 |
|  | Pets at Home Group PLC | 7392011 | 23411312 |
|  | Pharos Energy PLC | 997016 | 253241 |
|  \* | Pinewood Technologies Group PLC | 688367 | 3322857 |
|  \* | Playtech PLC | 4887140 | 49596438 |
|  | Pollen Street Group Ltd. | 20306 | 198253 |
|  | Premier Foods PLC | 16958900 | 44961666 |
|  W | Quilter PLC | 17015407 | 30616535 |
|  | Rathbones Group PLC | 43734 | 920747 |
|  | Reach PLC | 4486004 | 4547397 |
|  | Renewi PLC | 480866 | 5519200 |
|  # | Ricardo PLC | 134609 | 441846 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | RWS Holdings PLC | 472639 | $| 422330 |
|  | S&U PLC | 7969 |  | 152345 |
|  #\* | S4 Capital PLC | 225209 |  | 81635 |
|  W | Sabre Insurance Group PLC | 189788 |  | 319969 |
|  \* | Saga PLC | 512034 |  | 894432 |
|  | Secure Trust Bank PLC | 23209 |  | 183454 |
|  | Senior PLC | 3156958 |  | 5830146 |
|  | Serco Group PLC | 385046 |  | 883668 |
|  | Serica Energy PLC | 807365 |  | 1370491 |
|  | Severfield PLC | 1920552 |  | 615457 |
|  #\* | SIG PLC | 4946831 |  | 1026402 |
|  \* | Sigmaroc PLC | 18641 |  | 22577 |
|  | Speedy Hire PLC | 8626685 |  | 2258717 |
|  W | Spire Healthcare Group PLC | 4754347 |  | 12292989 |
|  | SThree PLC | 153328 |  | 498484 |
|  | Taylor Wimpey PLC | 11655862 |  | 18314943 |
|  | TBC Bank Group PLC | 400294 |  | 25316399 |
|  # | TORM PLC, Class A | 396231 |  | 6603631 |
|  | TP ICAP Group PLC | 7646241 |  | 26256738 |
|  | Travis Perkins PLC | 2953340 |  | 22045408 |
|  | Treatt PLC | 11806 |  | 40238 |
|  | Trifast PLC | 319768 |  | 285203 |
|  | TT Electronics PLC | 1880850 |  | 1832264 |
|  | Vertu Motors PLC | 3967159 |  | 3265691 |
|  | Vesuvius PLC | 6298472 |  | 28768883 |
|  \* | Vistry Group PLC | 6404404 |  | 53995168 |
|  | Vp PLC | 275589 |  | 2169164 |
|  \*W | Watches of Switzerland Group PLC | 34806 |  | 165600 |
|  | Whitbread PLC | 87733 |  | 3047057 |
|  # | Young & Co.'s Brewery PLC (YNGA LN), Class A | 69767 |  | 820254 |
|  | Zigup PLC | 4518972 |  | 18868934 |
|  TOTAL UNITED KINGDOM | TOTAL UNITED KINGDOM |  |  | 1364866481 |
|  UNITED STATES — (0.0%) | UNITED STATES — (0.0%) | UNITED STATES — (0.0%) | UNITED STATES — (0.0%) | UNITED STATES — (0.0%) |
|  \* | ADTRAN Holdings, Inc | 348855 |  | 2674190 |
|  | Alcoa Corp., CDI | 3245 |  | 80879 |
|  W | Coronado Global Resources, Inc., CDI | 696043 |  | 86810 |
|  TOTAL UNITED STATES | TOTAL UNITED STATES |  |  | 2841879 |
|  TOTAL COMMON STOCKS | TOTAL COMMON STOCKS |  |  | 11785784584 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  PREFERRED STOCKS — (0.1%) | PREFERRED STOCKS — (0.1%) | PREFERRED STOCKS — (0.1%) | PREFERRED STOCKS — (0.1%) |
|  GERMANY — (0.1%) | GERMANY — (0.1%) | GERMANY — (0.1%) | GERMANY — (0.1%) |
|  | Draegerwerk AG & Co. KGaA, 3.010% | 26622 | $1814028 |
|  | Jungheinrich AG, 2.370% | 235400 | 8555093 |
|  | Sixt SE, 6.712% | 26886 | 1790622 |
|  | STO SE & Co. KGaA, 3.994% | 25064 | 3584416 |
|  TOTAL GERMANY | TOTAL GERMANY |  | 15744159 |
|  RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
|  HONG KONG — (0.0%) | HONG KONG — (0.0%) | HONG KONG — (0.0%) | HONG KONG — (0.0%) |
|  \* | CSI Properties Ltd. Warrants 04/07/2027 | 4527273 | 7589 |
|  ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) |
|  #\* | Webuild SpA Warrants 08/02/2030 | 347241 | 0 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  PORTUGAL — (0.0%) | PORTUGAL — (0.0%) | PORTUGAL — (0.0%) | PORTUGAL — (0.0%) |
|  #\* | EDP Renovaveis SA Rights 05/07/2025 | 198929 | $20282 |
|  TOTAL RIGHTS/WARRANTS | TOTAL RIGHTS/WARRANTS |  | 27871 |
|  TOTAL INVESTMENT SECURITIES<br>(Cost $8,391,709,300) | TOTAL INVESTMENT SECURITIES<br>(Cost $8,391,709,300) |  | 11801556614 |
|  |  |  | **Value†** |
|  SECURITIES LENDING COLLATERAL — (4.6%) | SECURITIES LENDING COLLATERAL — (4.6%) | SECURITIES LENDING COLLATERAL — (4.6%) | SECURITIES LENDING COLLATERAL — (4.6%) |
|  @§ | The DFA Short Term Investment Fund | 49512520 | 572612293 |
|  TOTAL INVESTMENTS — (100.0%)<br>(Cost $8,964,373,865) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $8,964,373,865) |  | $12374168907 |

---

As of April 30, 2025, DFA International Small Cap Value Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration<br>Date** | **Notional<br>Value** | **Market**<br>**Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Position Contracts:** |  |  |  |  |  |
|  S&P 500<sup>®</sup> Emini Index | 546 | 06/20/25 | $149549311 | $152525100 | $2975789 |
|  **Total Futures Contracts** |  |  | $**149549311** | $**152525100** | **$2975789** |

---

As of April 30, 2025, the value of Rule 144A securities amounted to $335,115,290 or 2.8% of net assets.

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 1**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 2**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 3**  | **Total** |
|  **Assets** |  |  |  |  |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Australia |  | $794004659 | $27032 | $794031691 |
| &nbsp;&nbsp;&nbsp;&nbsp; Austria |  | 108870472 |  | 108870472 |
| &nbsp;&nbsp;&nbsp;&nbsp; Belgium |  | 168088601 |  | 168088601 |
| &nbsp;&nbsp;&nbsp;&nbsp; Canada | $1238951657 | 20733747 | 7832 | 1259693236 |
| &nbsp;&nbsp;&nbsp;&nbsp; Denmark |  | 426850256 |  | 426850256 |
| &nbsp;&nbsp;&nbsp;&nbsp; Finland |  | 254969758 |  | 254969758 |
| &nbsp;&nbsp;&nbsp;&nbsp; France |  | 457067972 |  | 457067972 |
| &nbsp;&nbsp;&nbsp;&nbsp; Germany |  | 459408060 |  | 459408060 |
| &nbsp;&nbsp;&nbsp;&nbsp; Greenland |  | 169274 |  | 169274 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hong Kong |  | 193592101 | 166483 | 193758584 |

---

------

##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO** 

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| &nbsp;&nbsp;&nbsp;&nbsp; Ireland |  | $88155810 |  | $88155810 |
| &nbsp;&nbsp;&nbsp;&nbsp; Israel | $241292 | 105130881 |  | 105372173 |
| &nbsp;&nbsp;&nbsp;&nbsp; Italy |  | 755514494 |  | 755514494 |
| &nbsp;&nbsp;&nbsp;&nbsp; Japan |  | 3105830830 |  | 3105830830 |
| &nbsp;&nbsp;&nbsp;&nbsp; Liechtenstein |  | 24248760 |  | 24248760 |
| &nbsp;&nbsp;&nbsp;&nbsp; Luxembourg |  | 68187953 |  | 68187953 |
| &nbsp;&nbsp;&nbsp;&nbsp; Monaco |  | 148219 |  | 148219 |
| &nbsp;&nbsp;&nbsp;&nbsp; Netherlands |  | 312187706 |  | 312187706 |
| &nbsp;&nbsp;&nbsp;&nbsp; New Zealand |  | 11855542 |  | 11855542 |
| &nbsp;&nbsp;&nbsp;&nbsp; Norway |  | 71874088 | $19339 | 71893427 |
| &nbsp;&nbsp;&nbsp;&nbsp; Portugal |  | 80705110 |  | 80705110 |
| &nbsp;&nbsp;&nbsp;&nbsp; Singapore |  | 75043083 |  | 75043083 |
| &nbsp;&nbsp;&nbsp;&nbsp; Spain |  | 574304394 |  | 574304394 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sweden |  | 346069950 |  | 346069950 |
| &nbsp;&nbsp;&nbsp;&nbsp; Switzerland |  | 675650869 |  | 675650869 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Kingdom |  | 1364866481 |  | 1364866481 |
| &nbsp;&nbsp;&nbsp;&nbsp; United States |  | 2841879 |  | 2841879 |
|  Preferred Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Germany |  | 15744159 |  | 15744159 |
|  Rights/Warrants |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Hong Kong |  | 7589 |  | 7589 |
| &nbsp;&nbsp;&nbsp;&nbsp; Portugal |  | 20282 |  | 20282 |
|  Securities Lending Collateral |  | 572612293 |  | 572612293 |
|  Total Investments in Securities | $1239192949 | $11134755272 | $220,686<> | $12374168907 |
|  **Financial Instruments** |  |  |  |  |
|  **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts\*\* | 2975789 |  |  | 2975789 |
|  Total Financial Instruments | $2975789 |  |  | $2975789 |

---

\*\* Valued at the unrealized appreciation/(depreciation) on the investment.

---

| | |
|:---|:---|
| <> | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.  |

---

See accompanying Notes to Financial Statements.

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COMMON STOCKS — (94.5%) | COMMON STOCKS — (94.5%) | COMMON STOCKS — (94.5%) | COMMON STOCKS — (94.5%) |
|  AUSTRALIA — (5.9%) | AUSTRALIA — (5.9%) | AUSTRALIA — (5.9%) | AUSTRALIA — (5.9%) |
|  | Accent Group Ltd. | 418902 | $497161 |
|  | Acrow Ltd. | 335424 | 223329 |
|  # | Adairs Ltd. | 123109 | 186180 |
|  \* | Ainsworth Game Technology Ltd. | 31523 | 19336 |
|  \* | Alkane Resources Ltd. | 374997 | 192962 |
|  \* | Alliance Aviation Services Ltd. | 59799 | 105019 |
|  | ALS Ltd. | 21204 | 232660 |
|  #\* | AMA Group Ltd. | 1923960 | 76279 |
|  | Amotiv Ltd. | 138052 | 684549 |
|  | AMP Ltd. | 1395553 | 1152666 |
|  \* | Amplitude Energy Ltd. | 1697314 | 200807 |
|  | Ampol Ltd. | 89582 | 1360232 |
|  | Ansell Ltd. | 60760 | 1178717 |
|  | ANZ Group Holdings Ltd. | 120660 | 2307291 |
|  #\* | Arafura Rare Earths Ltd. (ARU AU) | 281678 | 36871 |
|  # | ARB Corp. Ltd. | 31410 | 632975 |
|  | Aristocrat Leisure Ltd. | 69331 | 2961061 |
|  # | ARN Media Ltd. | 200589 | 71856 |
|  | ASX Ltd. | 1336 | 60497 |
|  | AUB Group Ltd. | 17803 | 363528 |
|  #\* | Aurelia Metals Ltd. | 1541009 | 290073 |
|  | Aurizon Holdings Ltd. | 1179100 | 2308340 |
|  | Aussie Broadband Ltd. | 105298 | 276632 |
|  \* | Austal Ltd. | 314822 | 1066627 |
|  # | Austin Engineering Ltd. | 207907 | 58060 |
|  #\* | Australian Agricultural Co. Ltd. | 175967 | 161340 |
|  | Australian Clinical Labs Ltd. | 145644 | 290784 |
|  # | Australian Ethical Investment Ltd. | 65952 | 218828 |
|  # | Australian Finance Group Ltd. | 130244 | 151788 |
|  #\* | Australian Strategic Materials Ltd. | 76789 | 31326 |
|  # | Autosports Group Ltd. | 17198 | 21237 |
|  #†† | AVZ Minerals Ltd. | 100493 | 10537 |
|  # | Baby Bunting Group Ltd. | 75115 | 75302 |
|  | Bank of Queensland Ltd. | 275368 | 1315396 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  \* | Bannerman Energy Ltd. (BMN AU) | 11984 | $18271 |
|  | Bapcor Ltd. | 202739 | 658725 |
|  | Beach Energy Ltd. | 1248635 | 939883 |
|  # | Beacon Lighting Group Ltd. | 75025 | 158863 |
|  | Bega Cheese Ltd. | 264917 | 958306 |
|  | Bell Financial Group Ltd. | 111621 | 91545 |
|  | Bendigo & Adelaide Bank Ltd. | 146622 | 1048909 |
|  | BHP Group Ltd. (BHP AU) | 731636 | 17437558 |
|  # | BHP Group Ltd. (BHP US), Sponsored ADR | 13221 | 628659 |
|  # | Bisalloy Steel Group Ltd. | 14762 | 31915 |
|  | BlueScope Steel Ltd. | 226025 | 3461895 |
|  #\* | Boss Energy Ltd. | 59669 | 122004 |
|  | Brambles Ltd. | 435330 | 5720958 |
|  | Bravura Solutions Ltd. | 268444 | 377421 |
|  | Breville Group Ltd. | 20925 | 383667 |
|  # | Brickworks Ltd. | 57878 | 932320 |
|  | Capral Ltd. | 20818 | 135241 |
|  \* | Capricorn Metals Ltd. | 187647 | 1110206 |
|  | CAR Group Ltd. | 1367 | 29178 |
|  \* | Carnarvon Energy Ltd. | 949415 | 66966 |
|  | Cedar Woods Properties Ltd. | 45049 | 161541 |
|  \* | Centrebet International Ltd. | 6648 | 0 |
|  \* | Cettire Ltd. | 13484 | 3877 |
|  | Challenger Ltd. | 441287 | 1999544 |
|  | Champion Iron Ltd. | 229787 | 671729 |
|  | Civmec Australia Ltd. | 166600 | 93830 |
|  | Cleanaway Waste Management Ltd. | 652951 | 1086645 |
|  \* | Coast Entertainment Holdings Ltd. | 216859 | 56225 |
|  # | Cobram Estate Olives Ltd. | 44506 | 52342 |
|  | Cochlear Ltd. | 3417 | 598421 |
|  | Codan Ltd. | 41367 | 416662 |
|  | Coles Group Ltd. | 309984 | 4209522 |
|  | Collins Foods Ltd. | 175557 | 924236 |
|  \* | Comet Ridge Ltd. | 271316 | 23478 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Commonwealth Bank of Australia | 65683 | $7001091 |
|  | Computershare Ltd. | 98078 | 2562916 |
|  | Corporate Travel Management Ltd. | 16921 | 138179 |
|  | Credit Corp. Group Ltd. | 43121 | 373124 |
|  | CSL Ltd. | 5123 | 822308 |
|  | Data#3 Ltd. | 128978 | 600664 |
|  #\* | Deep Yellow Ltd. | 18066 | 13140 |
|  | Deterra Royalties Ltd. | 139521 | 325299 |
|  \* | Develop Global Ltd. | 12805 | 26566 |
|  | Dicker Data Ltd. | 50929 | 275175 |
|  | Domain Holdings Australia Ltd. | 76695 | 210878 |
|  # | Domino's Pizza Enterprises Ltd. | 9653 | 156005 |
|  | Downer EDI Ltd. | 464048 | 1694551 |
|  | Duratec Ltd. | 84835 | 93081 |
|  | Dyno Nobel Ltd. | 449190 | 652045 |
|  # | Eagers Automotive Ltd. | 66571 | 785671 |
|  \*†† | Elanor Investor Group | 45594 | 18107 |
|  | Elders Ltd. | 161961 | 656031 |
|  #\* | Electro Optic Systems Holdings Ltd. | 19461 | 15298 |
|  \* | Emeco Holdings Ltd. | 396027 | 193164 |
|  \* | Emerald Resources NL | 195959 | 503172 |
|  #\* | EML Payments Ltd. | 88850 | 55609 |
|  | Endeavour Group Ltd. | 335365 | 857833 |
|  | Enero Group Ltd. | 57599 | 26554 |
|  | EQT Holdings Ltd. | 12304 | 255699 |
|  | Euroz Hartleys Group Ltd. | 3066 | 1677 |
|  | Evolution Mining Ltd. | 602050 | 3019293 |
|  | EVT Ltd. | 84757 | 763012 |
|  #\* | Fenix Resources Ltd. | 576517 | 104869 |
|  | Fiducian Group Ltd. | 1933 | 11982 |
|  \* | FleetPartners Group Ltd. | 289870 | 517230 |
|  | Fleetwood Ltd. | 80117 | 149161 |
|  # | Flight Centre Travel Group Ltd. | 53419 | 438314 |
|  | Fortescue Ltd. | 404831 | 4180968 |
|  | G8 Education Ltd. | 946251 | 760809 |
|  # | Generation Development Group Ltd. | 35355 | 93504 |
|  | Gold Road Resources Ltd. | 986462 | 1913875 |
|  | GR Engineering Services Ltd. | 56753 | 102142 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | GrainCorp Ltd., Class A | 218250 | $929209 |
|  | Grange Resources Ltd. | 650790 | 83409 |
|  | GWA Group Ltd. | 253660 | 385586 |
|  | Hafnia Ltd. | 98686 | 454902 |
|  | Hansen Technologies Ltd. | 140451 | 487373 |
|  | Harvey Norman Holdings Ltd. | 251673 | 841431 |
|  \* | Healius Ltd. | 709320 | 660397 |
|  | Helia Group Ltd. | 399142 | 1237105 |
|  # | Helloworld Travel Ltd. | 19262 | 17554 |
|  | Horizon Oil Ltd. | 293270 | 34735 |
|  | HUB24 Ltd. | 14305 | 660874 |
|  # | Humm Group Ltd. | 250731 | 81972 |
|  | IDP Education Ltd. | 25504 | 144642 |
|  # | IGO Ltd. | 81051 | 203081 |
|  | Iluka Resources Ltd. | 160717 | 425803 |
|  | Imdex Ltd. | 336475 | 636542 |
|  | Infomedia Ltd. | 301785 | 239528 |
|  | Inghams Group Ltd. | 296692 | 651346 |
|  \* | Insignia Financial Ltd. | 260215 | 627026 |
|  | Insurance Australia Group Ltd. | 511133 | 2684712 |
|  # | Integral Diagnostics Ltd. | 157520 | 243597 |
|  \* | Invictus Energy Ltd. | 52703 | 1793 |
|  # | IPD Group Ltd. | 15353 | 39330 |
|  | IPH Ltd. | 96931 | 283121 |
|  | IRESS Ltd. | 58249 | 296626 |
|  | IVE Group Ltd. | 130143 | 219521 |
|  | JB Hi-Fi Ltd. | 53059 | 3516100 |
|  # | Johns Lyng Group Ltd. | 46467 | 66084 |
|  \* | Judo Capital Holdings Ltd. | 150633 | 171739 |
|  # | Jupiter Mines Ltd. | 724120 | 69426 |
|  | Karoon Energy Ltd. | 560073 | 515574 |
|  \* | Kelly Partners Group Holdings Ltd. | 11361 | 85082 |
|  # | Kelsian Group Ltd. | 20164 | 35031 |
|  # | Kogan.com Ltd. | 25375 | 73113 |
|  | Lendlease Corp. Ltd. | 228199 | 768920 |
|  # | Lifestyle Communities Ltd. | 80840 | 369265 |
|  # | Lindsay Australia Ltd. | 296623 | 134966 |
|  | Lottery Corp. Ltd. | 547387 | 1824182 |
|  | Lovisa Holdings Ltd. | 28462 | 454382 |
|  # | Lycopodium Ltd. | 17864 | 123967 |
|  \* | Lynas Rare Earths Ltd. | 18326 | 100184 |
|  | MA Financial Group Ltd. | 10560 | 44841 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  # | Maas Group Holdings Ltd. | 4010 | $10154 |
|  | Macmahon Holdings Ltd. | 1480708 | 256684 |
|  | Macquarie Group Ltd. | 10507 | 1298412 |
|  #\* | Macquarie Technology Group Ltd. | 5943 | 226133 |
|  # | Mader Group Ltd. | 8058 | 32878 |
|  | Magellan Financial Group Ltd. | 210725 | 1033090 |
|  \* | Mayne Pharma Group Ltd. | 35426 | 159265 |
|  | McMillan Shakespeare Ltd. | 37447 | 366886 |
|  | Medibank Pvt Ltd. | 415793 | 1236870 |
|  #\* | Mesoblast Ltd. (MSB AU) | 230073 | 264860 |
|  \* | Metals X Ltd. | 449738 | 162618 |
|  | Metcash Ltd. | 848244 | 1747188 |
|  #\* | Metro Mining Ltd. | 1754911 | 58481 |
|  #\* | Mineral Resources Ltd. | 33356 | 438664 |
|  | Monadelphous Group Ltd. | 109966 | 1137130 |
|  | Monash IVF Group Ltd. | 279996 | 150748 |
|  #\* | Mount Gibson Iron Ltd. | 502947 | 99936 |
|  | Myer Holdings Ltd. | 1560261 | 719795 |
|  | MyState Ltd. | 126270 | 315408 |
|  | National Australia Bank Ltd. | 213086 | 4920306 |
|  | Navigator Global Investments Ltd. | 226462 | 253840 |
|  | Netwealth Group Ltd. | 68493 | 1230617 |
|  # | New Hope Corp. Ltd. | 416121 | 976158 |
|  \* | NEXTDC Ltd. | 21939 | 166568 |
|  | nib holdings Ltd. | 229822 | 1002632 |
|  # | Nick Scali Ltd. | 64145 | 730470 |
|  | Nickel Industries Ltd. | 250733 | 90545 |
|  | Nine Entertainment Co. Holdings Ltd. | 673291 | 617044 |
|  | Northern Star Resources Ltd. | 269589 | 3311544 |
|  | NRW Holdings Ltd. | 517722 | 897357 |
|  | Nufarm Ltd. | 245934 | 607179 |
|  | Objective Corp. Ltd. | 1566 | 15698 |
|  \* | OFX Group Ltd. | 126950 | 92041 |
|  \* | Omni Bridgeway Ltd. | 76746 | 71758 |
|  | oOh!media Ltd. | 432140 | 423378 |
|  | Orica Ltd. | 180388 | 1872400 |
|  | Origin Energy Ltd. | 78122 | 532480 |
|  | Orora Ltd. | 277845 | 321917 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Pacific Current Group Ltd. | 51154 | $363578 |
|  #\* | Paladin Energy Ltd. | 33801 | 125517 |
|  \* | Pantoro Gold Ltd. | 59178 | 110307 |
|  | Peet Ltd. | 288046 | 262264 |
|  \* | Peninsula Energy Ltd. | 18689 | 7422 |
|  # | Pepper Money Ltd. | 100354 | 94317 |
|  | Perenti Ltd. | 1146997 | 1003121 |
|  # | Perpetual Ltd. | 37914 | 402769 |
|  | Perseus Mining Ltd. | 1502020 | 3219144 |
|  # | Peter Warren Automotive Holdings Ltd. | 11323 | 10388 |
|  \* | PEXA Group Ltd. | 3745 | 28855 |
|  #\* | Pilbara Minerals Ltd. | 173979 | 167618 |
|  | Pinnacle Investment Management Group Ltd. | 17955 | 207068 |
|  # | Platinum Asset Management Ltd. | 61800 | 22507 |
|  # | Premier Investments Ltd. | 83289 | 1109429 |
|  | Pro Medicus Ltd. | 19738 | 2894189 |
|  # | Propel Funeral Partners Ltd. | 27169 | 89918 |
|  # | PWR Holdings Ltd. | 7923 | 34730 |
|  | QBE Insurance Group Ltd. | 269671 | 3726832 |
|  | Qube Holdings Ltd. | 154964 | 392324 |
|  # | Ramelius Resources Ltd. | 1177129 | 1980879 |
|  # | Ramsay Health Care Ltd. | 33212 | 707105 |
|  | REA Group Ltd. | 4700 | 746735 |
|  #\* | ReadyTech Holdings Ltd. | 22182 | 29907 |
|  # | Reece Ltd. | 34186 | 344741 |
|  \* | Regis Resources Ltd. | 1107573 | 3202091 |
|  | Reject Shop Ltd. | 33459 | 139669 |
|  | Reliance Worldwide Corp. Ltd. | 359173 | 965556 |
|  \* | Resolute Mining Ltd. | 2578369 | 841677 |
|  \* | Retail Food Group Ltd. | 41980 | 47045 |
|  | Ridley Corp. Ltd. | 228380 | 345224 |
|  | Rio Tinto Ltd. | 46130 | 3451319 |
|  \* | RPMGlobal Holdings Ltd. | 81932 | 144539 |
|  \* | Sandfire Resources Ltd. | 393692 | 2507380 |
|  | Santos Ltd. | 1421484 | 5464700 |
|  | SEEK Ltd. | 9124 | 124214 |
|  \* | Select Harvests Ltd. | 88431 | 289888 |
|  # | Servcorp Ltd. | 47532 | 153669 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Service Stream Ltd. | 626740 | $750634 |
|  \* | Seven West Media Ltd. | 566748 | 50722 |
|  | SGH Ltd. | 49193 | 1608851 |
|  | Shaver Shop Group Ltd. | 136824 | 111517 |
|  | Sigma Healthcare Ltd. | 1004811 | 1938955 |
|  #\* | Silver Mines Ltd. | 23162 | 1635 |
|  | Sims Ltd. (SGM AU) | 99760 | 931159 |
|  | SmartGroup Corp. Ltd. | 81385 | 408132 |
|  | Solvar Ltd. | 186497 | 193484 |
|  | Sonic Healthcare Ltd. | 51564 | 860962 |
|  | South32 Ltd. (S32 AU) | 861340 | 1484343 |
|  | Southern Cross Electrical Engineering Ltd. | 255305 | 306183 |
|  #\* | Southern Cross Media Group Ltd. | 120295 | 51373 |
|  \* | Spartan Resources Ltd. | 159653 | 207111 |
|  \*†† | SpeedCast International Ltd. | 198889 | 0 |
|  # | SRG Global Ltd. | 584627 | 483881 |
|  #\* | St Barbara Ltd. | 514057 | 95402 |
|  | Stanmore Resources Ltd. | 97870 | 121565 |
|  \* | Star Entertainment Group Ltd. | 1551734 | 103122 |
|  | Steadfast Group Ltd. | 136229 | 511930 |
|  | Suncorp Group Ltd. | 229899 | 2989626 |
|  | Super Retail Group Ltd. | 160643 | 1377727 |
|  \* | Superloop Ltd. | 199793 | 319521 |
|  #\* | Syrah Resources Ltd. | 346476 | 55443 |
|  | Tabcorp Holdings Ltd. | 1340036 | 477616 |
|  | Technology One Ltd. | 95715 | 1847507 |
|  | Telstra Group Ltd. (TLS AU) | 373408 | 1077691 |
|  \* | Temple & Webster Group Ltd. | 1595 | 18201 |
|  # | Ten Sixty Four Ltd. | 189882 | 13379 |
|  | TPG Telecom Ltd Treasury Wine | 62307 | 201754 |
|  | Estates Ltd. | 42114 | 240723 |
|  \* | Tuas Ltd. | 42224 | 152483 |
|  #\* | Tyro Payments Ltd. | 280555 | 145202 |
|  \* | Vault Minerals Ltd. | 3893060 | 1071251 |
|  | Ventia Services Group Pty. Ltd. | 450729 | 1220342 |
|  W | Viva Energy Group Ltd. | 641352 | 705182 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  \* | Vysarn Ltd. | 40546 | $| 10768 |
|  \* | WEB Travel Group Ltd. | 51791 |  | 142418 |
|  \* | Webjet Group Ltd. | 247074 |  | 101206 |
|  | Wesfarmers Ltd. | 116165 |  | 5819443 |
|  \* | West African Resources Ltd. | 1368888 |  | 2094961 |
|  | Westgold Resources Ltd. | 551180 |  | 1047091 |
|  | Westpac Banking Corp. | 144961 |  | 3042030 |
|  | Whitehaven Coal Ltd. | 572267 |  | 1830531 |
|  | WiseTech Global Ltd. | 1620 |  | 92118 |
|  | Woodside Energy Group Ltd. (WDS AU) | 317557 |  | 4139397 |
|  | Woodside Energy Group Ltd. (WDS US), ADR | 7736 |  | 100184 |
|  | Woolworths Group Ltd. | 127567 |  | 2574638 |
|  | Worley Ltd. | 120186 |  | 957532 |
|  | XRF Scientific Ltd. | 63134 |  | 61896 |
|  # | Yancoal Australia Ltd. | 274750 |  | 876085 |
|  TOTAL AUSTRALIA | TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 223356529 |
|  AUSTRIA — (0.6%) | AUSTRIA — (0.6%) | AUSTRIA — (0.6%) | AUSTRIA — (0.6%) | AUSTRIA — (0.6%) |
|  | Addiko Bank AG | 8740 |  | 196003 |
|  # | Agrana Beteiligungs AG | 6973 |  | 93938 |
|  | ANDRITZ AG | 32599 |  | 2342555 |
|  #\* | AT&S Austria Technologie & Systemtechnik AG | 18600 |  | 301203 |
|  W | BAWAG Group AG | 23691 |  | 2596723 |
|  \* | DO & Co. AG | 5776 |  | 922644 |
|  | Erste Group Bank AG | 34137 |  | 2311812 |
|  \* | Eurotelesites AG | 23962 |  | 136060 |
|  | EVN AG | 24912 |  | 651927 |
|  | Fabasoft AG | 1147 |  | 22369 |
|  \* | FACC AG | 2172 |  | 17258 |
|  \* | Immofinanz AG (IIA AV) | 7951 |  | 0 |
|  | Kontron AG | 38571 |  | 937279 |
|  \* | Lenzing AG | 13004 |  | 408970 |
|  | Mayr Melnhof Karton AG | 1052 |  | 97471 |
|  | Oberbank AG | 1137 |  | 90413 |
|  | Oesterreichische Post AG | 9879 |  | 333067 |
|  | OMV AG | 60881 |  | 3147767 |
|  | Palfinger AG | 11034 |  | 359637 |
|  | Porr AG | 23162 |  | 811033 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) |
|  | Raiffeisen Bank International AG | 83542 | $| 2231514 |
|  | Schoeller-Bleckmann Oilfield Equipment AG | 6434 |  | 228611 |
|  | Semperit AG Holding | 5812 |  | 86072 |
|  | Strabag SE (STR AV) | 2516 |  | 220735 |
|  | Telekom Austria AG | 83736 |  | 884573 |
|  \* | UBM Development AG | 2263 |  | 49559 |
|  | UNIQA Insurance Group AG | 71312 |  | 826340 |
|  | Verbund AG | 5128 |  | 394092 |
|  | Vienna Insurance Group AG Wiener Versicherung Gruppe | 23493 |  | 1117384 |
|  | voestalpine AG | 45346 |  | 1194960 |
|  | Wienerberger AG | 16397 |  | 575730 |
|  | Zumtobel Group AG | 30255 |  | 158670 |
|  TOTAL AUSTRIA | TOTAL AUSTRIA | TOTAL AUSTRIA |  | 23746369 |
|  BELGIUM — (1.6%) | BELGIUM — (1.6%) | BELGIUM — (1.6%) | BELGIUM — (1.6%) | BELGIUM — (1.6%) |
|  | Ackermans & van Haaren NV | 15891 |  | 3886738 |
|  | Ageas SA | 110156 |  | 6908557 |
|  \* | AGFA-Gevaert NV | 106368 |  | 110480 |
|  | Anheuser-Busch InBev SA (ABI BB) | 87471 |  | 5765122 |
|  | Anheuser-Busch InBev SA (BUD US), Sponsored ADR | 3763 |  | 247643 |
|  \* | Atenor | 3530 |  | 11687 |
|  | Azelis Group NV | 1570 |  | 24327 |
|  | Barco NV | 9667 |  | 132272 |
|  | Bekaert SA | 41644 |  | 1606893 |
|  # | bpost SA | 25692 |  | 41202 |
|  | Cie d'Entreprises CFE | 8983 |  | 78343 |
|  # | CMB Tech NV | 43740 |  | 415967 |
|  | Colruyt Group NV | 31360 |  | 1508029 |
|  | Deceuninck NV | 108494 |  | 263331 |
|  | Deme Group NV | 6977 |  | 1045827 |
|  | Econocom Group SA NV | 109974 |  | 228063 |
|  | EVS Broadcast Equipment SA | 9610 |  | 402000 |
|  | Fagron | 44310 |  | 1032913 |
|  \* | Galapagos NV (GLPG BB) | 31943 |  | 869816 |
|  \* | Galapagos NV (GLPG NA) | 11491 |  | 312903 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) |
|  | Gimv NV | 20138 | $| 906809 |
|  | Greenyard NV | 15994 |  | 129328 |
|  #\* | Immobel SA | 1795 |  | 36836 |
|  | Ion Beam Applications | 1638 |  | 19513 |
|  | KBC Group NV | 137693 |  | 12696501 |
|  # | Kinepolis Group NV | 7494 |  | 258316 |
|  | Lotus Bakeries NV | 212 |  | 2038395 |
|  | Melexis NV | 8935 |  | 536176 |
|  \* | Ontex Group NV | 62857 |  | 516008 |
|  \* | Orange Belgium SA | 6344 |  | 108454 |
|  | Proximus SADP | 263355 |  | 2022731 |
|  | Recticel SA | 27025 |  | 327250 |
|  | Sipef NV | 4879 |  | 354792 |
|  # | Solvay SA | 72824 |  | 2755845 |
|  | Syensqo SA | 67758 |  | 4846919 |
|  | Tessenderlo Group SA | 22862 |  | 676692 |
|  | UCB SA | 17928 |  | 3286904 |
|  | Umicore SA | 80783 |  | 734321 |
|  # | Van de Velde NV | 4118 |  | 154069 |
|  | VGP NV | 8044 |  | 744281 |
|  | Viohalco SA | 29708 |  | 184862 |
|  \*W | X-Fab Silicon Foundries SE | 31502 |  | 175653 |
|  TOTAL BELGIUM | TOTAL BELGIUM | TOTAL BELGIUM |  | 58402768 |
|  CANADA — (10.4%) | CANADA — (10.4%) | CANADA — (10.4%) | CANADA — (10.4%) | CANADA — (10.4%) |
|  #\* | 5N Plus, Inc. | 66274 |  | 319207 |
|  | Acadian Timber Corp. | 8376 |  | 104928 |
|  \* | ACT Energy Technologies Ltd. | 18500 |  | 65084 |
|  | ADENTRA, Inc. | 25678 |  | 503092 |
|  | ADF Group, Inc. | 23943 |  | 105595 |
|  \* | Advantage Energy Ltd. | 123603 |  | 877755 |
|  | Aecon Group, Inc. | 73109 |  | 855926 |
|  # | Africa Oil Corp. | 288677 |  | 376918 |
|  # | Ag Growth International, Inc. | 14801 |  | 356658 |
|  | AGF Management Ltd., Class B | 71437 |  | 531658 |
|  | Agnico Eagle Mines Ltd. (AEM CN) | 22025 |  | 2588693 |
|  | Agnico Eagle Mines Ltd. (AEM US) | 15606 |  | 1834958 |
|  #\* | Aimia, Inc. | 62327 |  | 117547 |
|  #\* | Air Canada | 72400 |  | 733663 |
|  # | AirBoss of America Corp. | 8831 |  | 24983 |
|  | Alamos Gold, Inc. (AGI CN), Class A | 86680 |  | 2477919 |
|  | Algoma Central Corp. | 4796 |  | 53575 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Algoma Steel Group, Inc. (ASTL US) | 30800 | $157542 |
|  # | Algonquin Power & Utilities Corp. (AQN |  |  |
|  | CN) | 70 | 377 |
|  # | Algonquin Power & Utilities Corp. (AQN US) | 87587 | 471218 |
|  | Alimentation Couche-Tard, Inc. | 79022 | 4124781 |
|  | AltaGas Ltd. | 90505 | 2678517 |
|  | Altius Minerals Corp. | 13807 | 271313 |
|  # | Altus Group Ltd. | 1466 | 54595 |
|  | Amerigo Resources Ltd. | 110614 | 138809 |
|  | Andlauer Healthcare Group, Inc. | 13055 | 506632 |
|  | Andrew Peller Ltd., Class A | 19492 | 63201 |
|  | ARC Resources Ltd. | 333794 | 6176612 |
|  \* | Aritzia, Inc. | 53652 | 1887121 |
|  \* | Athabasca Oil Corp. | 408887 | 1346545 |
|  | AtkinsRealis Group, Inc. | 16401 | 812198 |
|  \* | ATS Corp. (ATS CN) | 22058 | 555850 |
|  | Aura Minerals, Inc. | 2800 | 57885 |
|  #\* | AutoCanada, Inc. | 22525 | 254726 |
|  | B2Gold Corp. (BTG US) | 284853 | 885893 |
|  | B2Gold Corp. (BTO CN) | 539008 | 1685133 |
|  | Badger Infrastructure Solution | 27487 | 783178 |
|  | Bank of Montreal (BMO CN) | 4685 | 448891 |
|  | Bank of Montreal (BMO US) | 58550 | 5590354 |
|  | Bank of Nova Scotia (BNS CN) | 1321 | 66098 |
|  | Bank of Nova Scotia (BNS US) | 43518 | 2175030 |
|  | Barrick Gold Corp. (0R22 LI) | 45774 | 868942 |
|  | Barrick Gold Corp. (GOLD US) | 268460 | 5111478 |
|  \* | Bausch & Lomb Corp. | 7261 | 83937 |
|  # | Baytex Energy Corp. | 249334 | 385232 |
|  | BCE, Inc. (BCE US) | 24773 | 551199 |
|  # | Birchcliff Energy Ltd | 165767 | 676968 |
|  | Bird Construction, Inc. | 62574 | 958173 |
|  | Black Diamond Group Ltd. | 53397 | 315285 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  \* | Bonterra Energy Corp. | 11174 | $25694 |
|  | Boralex, Inc., Class A | 10928 | 242721 |
|  | Boyd Group Services, Inc. | 9522 | 1367587 |
|  #\* | Bragg Gaming Group, Inc. | 4572 | 17877 |
|  | Brookfield Infrastructure Corp., Class A | 1281 | 47961 |
|  # | BRP, Inc. (DOO CN) | 4900 | 165987 |
|  | BRP, Inc. (DOOO US) | 720 | 24401 |
|  \* | CAE, Inc. (CAE CN) | 4375 | 109454 |
|  \* | CAE, Inc. (CAE US) | 11892 | 297538 |
|  \* | Calfrac Well Services Ltd | 46274 | 111103 |
|  | Calian Group Ltd. | 6388 | 220471 |
|  \* | Calibre Mining Corp. | 65939 | 154492 |
|  | Canaccord Genuity Group, Inc. | 97194 | 595739 |
|  #\* | Canada Goose Holdings, Inc. (GOOS US) | 28406 | 237474 |
|  | Canadian Imperial Bank of Commerce (CM CN) | 36572 | 2306641 |
|  | Canadian Imperial Bank of Commerce (CM US) | 53924 | 3394516 |
|  | Canadian National Railway Co. (CNI US) | 54198 | 5247450 |
|  | Canadian Natural Resources Ltd. (CNQ US) | 340291 | 9762949 |
|  | Canadian Pacific Kansas City Ltd. (CP CN) | 5103 | 370639 |
|  | Canadian Pacific Kansas City Ltd. (CP US) | 3549 | 257196 |
|  # | Canadian Tire Corp. Ltd., Class A | 17523 | 1917794 |
|  #\* | Canfor Corp. | 37513 | 358368 |
|  #\* | Capstone Copper Corp. | 195092 | 939657 |
|  # | Cardinal Energy Ltd. | 230353 | 959107 |
|  | Cargojet, Inc. | 1500 | 92812 |
|  | Cascades, Inc. | 92506 | 592505 |
|  | CCL Industries, Inc., Class B | 26567 | 1388283 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  \* | Celestica, Inc. (CLS CN) | 21177 | $1806942 |
|  #\* | Celestica, Inc. (CLS US) | 40104 | 3422876 |
|  | Cenovus Energy, Inc. (CVE CN) | 851 | 10019 |
|  | Cenovus Energy, Inc. (CVE US) | 621704 | 7317456 |
|  | Centerra Gold, Inc. | 373962 | 2503747 |
|  | CES Energy Solutions Corp. | 306795 | 1353049 |
|  | CGI, Inc. (GIB US) | 10175 | 1079160 |
|  | CGI, Inc. (GIBA CN) | 14980 | 1588406 |
|  \*†† | Chesswood Group Ltd. | 4397 | 1084 |
|  | China Gold International Resources Corp. Ltd. (CGG CN) | 243398 | 1520134 |
|  | CI Financial Corp. | 88652 | 2009557 |
|  \* | Cineplex, Inc. | 2052 | 14691 |
|  \* | Cipher Pharmaceuticals, Inc. | 6200 | 60804 |
|  # | Cogeco Communications, Inc. | 11638 | 572361 |
|  | Cogeco, Inc. | 15802 | 734966 |
|  | Colliers International Group, Inc. (CIGI CN) | 34 | 4065 |
|  | Computer Modelling Group Ltd. | 57670 | 332567 |
|  \* | Conifex Timber, Inc. | 13656 | 3318 |
|  | Constellation Software, Inc. | 1992 | 7178988 |
|  | Corby Spirit & Wine Ltd. | 7550 | 83518 |
|  #\* | Cronos Group, Inc. (CRON US) | 192240 | 361411 |
|  \* | Culico Metals, Inc. | 12366 | 1121 |
|  | DATA Communications Management Corp. | 6700 | 8359 |
|  | Definity Financial Corp. | 37708 | 1882118 |
|  #\* | Denison Mines Corp. (DML CN) | 174739 | 250967 |
|  # | dentalcorp Holdings Ltd. | 35697 | 217766 |
|  | Dexterra Group, Inc. | 26771 | 166612 |
|  \* | Docebo, Inc. | 942 | 29505 |
|  | Dollarama, Inc. | 66512 | 8206653 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Doman Building Materials Group Ltd. | 86605 | $432208 |
|  | Dominion Lending Centres, Inc. | 6600 | 38060 |
|  \* | Dorel Industries, Inc., Class B | 8818 | 10618 |
|  | DREAM Unlimited Corp., Class A | 24324 | 335412 |
|  | Dundee Precious Metals, Inc. | 236003 | 3093409 |
|  # | Dye & Durham Ltd. | 12384 | 80308 |
|  | Dynacor Group, Inc. | 39406 | 135774 |
|  | E-L Financial Corp. Ltd. | 977 | 958291 |
|  \* | Eldorado Gold Corp. (EGO US) | 64527 | 1215689 |
|  \* | Eldorado Gold Corp. (ELD CN) | 67605 | 1272061 |
|  | Element Fleet Management Corp. | 140093 | 3067901 |
|  | Empire Co. Ltd., Class A | 88526 | 3287778 |
|  | Enerflex Ltd. (EFX CN) | 90863 | 594505 |
|  | Enerflex Ltd. (EFXT US) | 31496 | 206299 |
|  \* | Energy Fuels, Inc. | 615 | 2799 |
|  | Enghouse Systems Ltd. | 29735 | 540303 |
|  \* | Ensign Energy Services, Inc. | 221118 | 288708 |
|  | EQB, Inc. | 27013 | 1867553 |
|  \* | Equinox Gold Corp. (EQX CN) | 28050 | 188615 |
|  \* | Equinox Gold Corp. (EQX US) | 78755 | 527659 |
|  \* | ERO Copper Corp. (ERO CN) | 23172 | 289440 |
|  \* | ERO Copper Corp. (ERO US) | 30850 | 384700 |
|  | Evertz Technologies Ltd. | 20056 | 159593 |
|  # | Exchange Income Corp. | 14890 | 547169 |
|  | Exco Technologies Ltd. | 23017 | 95167 |
|  | Extendicare, Inc. | 46701 | 467484 |
|  | Fairfax Financial Holdings Ltd. | 7030 | 10975387 |
|  | Fiera Capital Corp. | 50497 | 231863 |
|  | Finning International, Inc. | 106909 | 3017430 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  \* | Firan Technology Group Corp. | 15800 | $103148 |
|  | Firm Capital Mortgage Investment Corp. | 20900 | 179498 |
|  | First Majestic Silver Corp. (AG US) | 14613 | 91477 |
|  | First National Financial Corp. | 11200 | 304169 |
|  \* | First Quantum Minerals Ltd. | 90032 | 1208830 |
|  | FirstService Corp. (FSV CN) | 3019 | 529869 |
|  #\* | Fortuna Mining Corp. (FSM US) | 384391 | 2402444 |
|  \* | Fortuna Mining Corp. (FVI CN) | 170249 | 1062050 |
|  | Franco-Nevada Corp. (FNV CN) | 58 | 9967 |
|  | Franco-Nevada Corp. (FNV US) | 2083 | 357818 |
|  # | Freehold Royalties Ltd. | 83442 | 690609 |
|  | Frontera Energy Corp. | 10975 | 39646 |
|  \* | Galiano Gold, Inc. | 36893 | 50043 |
|  | Gamehost, Inc. | 6382 | 46016 |
|  \* | GDI Integrated Facility Services, Inc. | 4040 | 92047 |
|  | George Weston Ltd. | 14030 | 2733540 |
|  | Gibson Energy, Inc. | 78274 | 1231512 |
|  | Gildan Activewear, Inc. (GIL CN) | 4746 | 218710 |
|  | Gildan Activewear, Inc. (GIL US) | 57447 | 2649456 |
|  | goeasy Ltd. | 9293 | 1049221 |
|  \* | Gran Tierra Energy, Inc. (GTE CN) | 6863 | 30468 |
|  | Great-West Lifeco, Inc. | 5328 | 207191 |
|  | Guardian Capital Group Ltd., Class A | 11233 | 327962 |
|  \* | Haivision Systems, Inc. | 16200 | 47709 |
|  | Hammond Manufacturing Co. Ltd., Class A | 2800 | 17365 |
|  | Hammond Power Solutions, Inc. | 14679 | 977464 |
|  \*†† | Hanfeng Evergreen, Inc. | 5700 | 0 |
|  | Headwater Exploration, Inc. | 222199 | 902593 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | High Liner Foods, Inc. | 18697 | $229746 |
|  | Hudbay Minerals, Inc. (HBM CN) | 321439 | 2338628 |
|  | Hudbay Minerals, Inc. (HBM US) | 56200 | 408574 |
|  | iA Financial Corp., Inc. | 76148 | 7397171 |
|  \* | IAMGOLD Corp. (IMG CN) | 471051 | 3338291 |
|  | IGM Financial, Inc. | 18591 | 590796 |
|  \* | Imperial Metals Corp. | 29762 | 75128 |
|  # | Imperial Oil Ltd. (IMO CN) | 894 | 60303 |
|  | Imperial Oil Ltd. (IMO US) | 31444 | 2118697 |
|  # | Information Services Corp. | 7900 | 152888 |
|  | InPlay Oil Corp. | 1350 | 6816 |
|  | Intact Financial Corp. | 11756 | 2610862 |
|  \* | Interfor Corp. | 57670 | 555533 |
|  \* | International Petroleum Corp. (IPCO CN) | 4171 | 55518 |
|  #\* | International Petroleum Corp. (IPCO SS) | 100721 | 1376316 |
|  #\* | Ivanhoe Mines Ltd., Class A | 2903 | 25775 |
|  W | Jamieson Wellness, Inc. | 8509 | 197202 |
|  \* | K92 Mining, Inc. | 64871 | 596666 |
|  | K-Bro Linen, Inc. | 7646 | 194173 |
|  \* | Kelt Exploration Ltd. | 169312 | 686531 |
|  | Keyera Corp. | 43187 | 1340470 |
|  | Kinross Gold Corp. (K CN) | 607485 | 8967300 |
|  | Kinross Gold Corp. (KGC US) | 249533 | 3683107 |
|  \* | Kiwetinohk Energy Corp. | 1200 | 12630 |
|  \* | Knight Therapeutics, Inc. | 51768 | 228311 |
|  \* | Kolibri Global Energy, Inc. | 20937 | 142000 |
|  | KP Tissue, Inc. | 7100 | 41150 |
|  | Labrador Iron Ore Royalty Corp. | 53951 | 1168560 |
|  | Lassonde Industries, Inc., Class A | 2803 | 421406 |
|  | Laurentian Bank of Canada | 22759 | 451680 |
|  | Leon's Furniture Ltd. | 26174 | 436676 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  #\* | Lightspeed Commerce, Inc. (LSPD US) | 3913 | $38347 |
|  \*†† | Lightstream Resources Ltd. | 116588 | 0 |
|  | Linamar Corp. | 42622 | 1564085 |
|  | Loblaw Cos. Ltd. | 6774 | 1099620 |
|  \* | Lotus Creek Exploration, Inc. | 12874 | 8031 |
|  \* | Lucara Diamond Corp. | 281721 | 71524 |
|  | Lundin Gold, Inc. | 58414 | 2382576 |
|  # | Lundin Mining Corp. | 412816 | 3377749 |
|  | Magellan Aerospace Corp. | 16036 | 158196 |
|  # | Magna International, Inc. (MG CN) | 7174 | 249263 |
|  # | Magna International, Inc. (MGA US) | 82627 | 2872115 |
|  \* | Major Drilling Group International, Inc. | 78468 | 496330 |
|  \* | Mandalay Resources Corp. | 33725 | 131613 |
|  | Manulife Financial Corp. (MFC US) | 2156 | 66017 |
|  | Maple Leaf Foods, Inc. | 24793 | 453741 |
|  | Martinrea International, Inc. | 111742 | 594941 |
|  \* | Mattr Corp. | 26440 | 182583 |
|  \* | MDA Space Ltd. | 59866 | 1168573 |
|  \* | Medexus Pharmaceuticals, Inc. | 5900 | 11726 |
|  # | Medical Facilities Corp. | 20982 | 221448 |
|  | MEG Energy Corp. | 243727 | 3419179 |
|  | Melcor Developments Ltd. | 10353 | 90793 |
|  | Methanex Corp. (MEOH US) | 20048 | 627302 |
|  | Methanex Corp. (MX CN) | 29109 | 912164 |
|  | Metro, Inc. | 27751 | 2138621 |
|  | Morguard Corp. | 400 | 33654 |
|  | MTY Food Group, Inc. | 22955 | 722169 |
|  # | Mullen Group Ltd. | 112685 | 1071595 |
|  | National Bank of Canada | 114069 | 10018457 |
|  | Neo Performance Materials, Inc. | 2200 | 17889 |
|  \* | New Gold, Inc. (NGD CN) | 1055127 | 4201833 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  \* | NFI Group, Inc. | 3945 | $33195 |
|  | North American Construction Group Ltd. (NOA CN) | 10246 | 156076 |
|  | North American Construction Group Ltd. (NOA US) | 13925 | 211521 |
|  | North West Co., Inc. | 48708 | 1953832 |
|  # | Northland Power, Inc. | 133132 | 1808764 |
|  # | Nutrien Ltd. (NTR US) | 111978 | 6388360 |
|  \* | NuVista Energy Ltd. | 212874 | 1814355 |
|  #\* | Obsidian Energy Ltd. (OBE CN) | 23700 | 99882 |
|  \* | Obsidian Energy Ltd. (OBE US) | 44306 | 186528 |
|  | OceanaGold Corp. | 637911 | 2258092 |
|  | Onex Corp. | 29369 | 2079434 |
|  | Open Text Corp. (OTEX CN) | 4642 | 125663 |
|  # | Open Text Corp. (OTEX US) | 27559 | 746849 |
|  \*†† | Orbite Technologies, Inc. | 121500 | 0 |
|  #\* | Organigram Global, Inc. | 27175 | 31933 |
|  # | Osisko Gold Royalties Ltd. (OR CN) | 4239 | 101593 |
|  | Osisko Gold Royalties Ltd. (OR US) | 32063 | 770474 |
|  | Pan American Silver Corp. (PAAS CN) | 49531 | 1247082 |
|  # | Paramount Resources Ltd., Class A | 72333 | 821129 |
|  | Parex Resources, Inc. | 108130 | 870625 |
|  | Parkland Corp. | 75641 | 1905565 |
|  | Pason Systems, Inc. | 66193 | 527201 |
|  | Pembina Pipeline Corp. (PPL CN) | 1774 | 67815 |
|  \* | Perpetua Resources Corp. | 6110 | 90000 |
|  # | Peyto Exploration & Development Corp. | 198548 | 2485811 |
|  | PHX Energy Services Corp. | 36391 | 199826 |
|  # | Pine Cliff Energy Ltd. | 32500 | 12966 |
|  | Pizza Pizza Royalty Corp. | 12835 | 133135 |
|  | Polaris Renewable Energy, Inc. | 13347 | 115888 |
|  | Pollard Banknote Ltd. | 4800 | 71307 |
|  | PrairieSky Royalty Ltd. | 17631 | 296834 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  \* | Precision Drilling Corp. (PD CN) | 3015 | $126130 |
|  #\* | Precision Drilling Corp. (PDS US) | 13385 | 558439 |
|  | Premium Brands Holdings Corp. | 11573 | 658064 |
|  # | Propel Holdings, Inc. | 10900 | 213636 |
|  \* | Quarterhill, Inc. | 106878 | 109312 |
|  | Quebecor, Inc., Class B | 89600 | 2458053 |
|  \* | Questerre Energy Corp., Class A | 62560 | 12026 |
|  | RB Global, Inc. (RBA CN) | 1000 | 100776 |
|  | RB Global, Inc. (RBA US) | 19696 | 1983387 |
|  \* | Real Matters, Inc. | 3329 | 14513 |
|  # | Restaurant Brands International, Inc. (QSR US) | 30600 | 1970640 |
|  | Richelieu Hardware Ltd. | 27580 | 652389 |
|  | Rogers Communications, Inc. (RCI US), Class B | 82216 | 2145015 |
|  # | Rogers Communications, Inc. (RCIB CN), Class B | 8076 | 210541 |
|  | Rogers Sugar, Inc. | 82390 | 337664 |
|  | Royal Bank of Canada (RY CN) | 63580 | 7631353 |
|  | Royal Bank of Canada (RY US) | 32014 | 3837838 |
|  | Russel Metals, Inc. | 64020 | 1857537 |
|  | Sandstorm Gold Ltd. (SAND US) | 157320 | 1368684 |
|  \* | Sangoma Technologies Corp. | 15903 | 89286 |
|  | Saputo, Inc. | 4600 | 89758 |
|  | Savaria Corp. | 22171 | 279188 |
|  | Secure Waste Infrastructure Corp. | 175502 | 1671506 |
|  | Sienna Senior Living, Inc. | 47699 | 585771 |
|  \* | SNDL, Inc. | 23678 | 35280 |
|  \* | Source Energy Services Ltd. | 8400 | 55326 |
|  # | South Bow Corp. | 12935 | 319367 |
|  \* | Spartan Delta Corp. | 40148 | 78630 |
|  W | Spin Master Corp. | 2984 | 52771 |
|  | Sprott, Inc. (SII CN) | 5586 | 293474 |
|  | Sprott, Inc. (SII US) | 7400 | 388574 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  \* | SSR Mining, Inc. (SSRM CN) | 63335 | $674424 |
|  | Stantec, Inc. (STN CN) | 16717 | 1467254 |
|  | Stella-Jones, Inc. | 50198 | 2461472 |
|  \*W | STEP Energy Services Ltd. | 11760 | 33269 |
|  # | Strathcona Resources Ltd. | 1162 | 20764 |
|  | Sun Life Financial, Inc. (SLF CN) | 80322 | 4786343 |
|  | Sun Life Financial, Inc. (SLF US) | 29319 | 1745946 |
|  | Suncor Energy, Inc. (SU US) | 364363 | 12858370 |
|  | Superior Plus Corp. | 245162 | 1230612 |
|  | Supremex, Inc. | 17058 | 47638 |
|  # | Surge Energy, Inc. | 82332 | 278898 |
|  | Sylogist Ltd. | 12984 | 80149 |
|  | Tamarack Valley Energy Ltd. | 733262 | 1898843 |
|  \* | Taseko Mines Ltd. (TKO CN) | 199876 | 453802 |
|  | TC Energy Corp. (TRP CN) | 3461 | 174858 |
|  | TC Energy Corp. (TRP US) | 61213 | 3085747 |
|  | Teck Resources Ltd. (TECK US), Class B | 169548 | 5762937 |
|  | Teck Resources Ltd. (TECK/A CN), Class A | 1200 | 42983 |
|  | Teck Resources Ltd. (TECKB CN), Class B | 6596 | 224157 |
|  | TELUS Corp. | 30874 | 475226 |
|  | TerraVest Industries, Inc. | 7833 | 816425 |
|  | TFI International, Inc. (TFII CN) | 11970 | 973073 |
|  | TFI International, Inc. (TFII US) | 6677 | 543040 |
|  | Thomson Reuters Corp. (TRI CN) | 2324 | 432450 |
|  | Timbercreek Financial Corp. | 38200 | 191748 |
|  | TMX Group Ltd. | 205 | 8308 |
|  | Topaz Energy Corp. | 21164 | 353552 |
|  \* | Torex Gold Resources, Inc. | 99013 | 3206839 |
|  | Toromont Industries Ltd. | 13740 | 1162508 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  # | Toronto-Dominion Bank (TD CN) | 58533 | $3740151 |
|  | Toronto-Dominion Bank (TD US) | 45361 | 2893125 |
|  | Total Energy Services, Inc. | 47326 | 304156 |
|  \* | Touchstone Exploration, Inc. | 34400 | 9108 |
|  | Tourmaline Oil Corp. | 138658 | 6125264 |
|  # | TransAlta Corp. | 68543 | 610718 |
|  | TransAlta Corp. | 66278 | 590858 |
|  | Transcontinental, Inc., Class A | 82668 | 1127345 |
|  \*†† | Trevali Mining Corp. | 33236 | 0 |
|  | Trican Well Service Ltd. | 353067 | 1037227 |
|  | Triple Flag Precious Metals Corp. (TFPM CN) | 4733 | 98224 |
|  \* | Trisura Group Ltd. (TSU CN) | 2884 | 79181 |
|  \* | Valeura Energy, Inc. | 21230 | 115806 |
|  | Veren, Inc. (VRN CN) | 27291 | 161538 |
|  | Veren, Inc. (VRN US) | 508426 | 3004799 |
|  | Vermilion Energy, Inc. (VET CN) | 58 | 350 |
|  | Vermilion Energy, Inc. (VET US) | 56684 | 341805 |
|  | VersaBank (VBNK CN) | 3600 | 39927 |
|  | VersaBank (VBNK US) | 2787 | 30880 |
|  \* | VerticalScope Holdings, Inc. | 6300 | 21478 |
|  \*†† | Victoria Gold Corp./Vancouver | 2102 | 274 |
|  \* | Viemed Healthcare, Inc. | 23412 | 165523 |
|  | Wajax Corp. | 27701 | 354250 |
|  | Waste Connections, Inc. (WCN US) | 6883 | 1360287 |
|  \* | Well Health Technologies Corp. | 119539 | 343373 |
|  \* | Wesdome Gold Mines Ltd. | 95760 | 1178072 |
|  | West Fraser Timber Co. Ltd. (WFG CN) | 49726 | 3681680 |
|  #\* | Western Forest Products, Inc. | 289084 | 80732 |
|  \* | Westgold Resources Ltd. | 104042 | 198484 |
|  | Westshore Terminals Investment Corp. | 35352 | 653138 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  # | Whitecap Resources, Inc. | 476112 | $| 2700708 |
|  \* | WildBrain Ltd. | 4500 |  | 5582 |
|  | Winpak Ltd. | 15756 |  | 488132 |
|  | WSP Global, Inc. | 14639 |  | 2594796 |
|  \* | Yangarra Resources Ltd. | 51806 |  | 31942 |
|  | Yellow Pages Ltd. | 10534 |  | 77328 |
|  TOTAL CANADA | TOTAL CANADA | TOTAL CANADA |  | 393719090 |
|  CHINA — (0.0%) | CHINA — (0.0%) | CHINA — (0.0%) | CHINA — (0.0%) | CHINA — (0.0%) |
|  \* | Neo-Neon Holdings Ltd. | 545000 |  | 26693 |
|  DENMARK — (2.3%) | DENMARK — (2.3%) | DENMARK — (2.3%) | DENMARK — (2.3%) | DENMARK — (2.3%) |
|  \* | ALK-Abello AS | 50594 |  | 1179371 |
|  | Alm Brand AS | 742648 |  | 1759698 |
|  | Ambu AS, Class B | 21747 |  | 392544 |
|  | AP Moller - Maersk AS (MAERSKA DC), Class A | 382 |  | 652861 |
|  # | AP Moller - Maersk AS (MAERSKB DC), Class B | 327 |  | 563056 |
|  \* | Bang & Olufsen AS | 44234 |  | 87309 |
|  \* | Bavarian Nordic AS | 51710 |  | 1229473 |
|  #\* | Better Collective AS | 13031 |  | 171501 |
|  \* | Cadeler AS (CADLR NO) | 6861 |  | 35876 |
|  | Carlsberg AS, Class B | 29024 |  | 3954626 |
|  | Chemometec AS | 3212 |  | 231418 |
|  # | Coloplast AS, Class B**.** | 9211 |  | 1042345 |
|  | Columbus AS | 57521 |  | 102907 |
|  | D/S Norden AS | 32817 |  | 893676 |
|  | Danske Bank AS | 128707 |  | 4516014 |
|  \* | Demant AS | 57210 |  | 2083409 |
|  \* | Dfds AS | 19417 |  | 270039 |
|  | DSV AS | 11415 |  | 2419441 |
|  | FLSmidth & Co. AS | 45813 |  | 2168889 |
|  | Foroya Banki P | 3338 |  | 88993 |
|  \* | Genmab AS (GMAB DC) | 3044 |  | 645446 |
|  #\* | GN Store Nord AS | 88092 |  | 1330035 |
|  | H Lundbeck AS (HLUNA DC), Class A | 33531 |  | 138494 |
|  | H Lundbeck AS (HLUNB DC) | 168361 |  | 805694 |
|  \* | H&H International AS, Class B | 16762 |  | 308370 |
|  \* | Huscompagniet AS | 9014 |  | 69884 |
|  # | ISS AS | 105680 |  | 2651664 |
|  | Jyske Bank AS | 40764 |  | 3343398 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) |
|  | Matas AS | 32265 | $| 665926 |
|  | MT Hoejgaard Holding AS | 1507 |  | 58784 |
|  \*W | Netcompany Group AS | 31620 |  | 1427449 |
|  \* | Nilfisk Holding AS | 16158 |  | 214087 |
|  \* | NKT AS | 53220 |  | 4333273 |
|  #\*W | NNIT AS | 4632 |  | 50959 |
|  | Novo Nordisk AS (NOVOB DC), Class B | 95182 |  | 6364012 |
|  | Novonesis Novozymes B, Class B | 88871 |  | 5772822 |
|  \* | NTG Nordic Transport Group AS | 5974 |  | 227077 |
|  | Pandora AS | 48744 |  | 7256172 |
|  | Parken Sport & Entertainment AS | 3780 |  | 77094 |
|  | Per Aarsleff Holding AS | 19250 |  | 1550997 |
|  | Ringkjoebing Landbobank AS | 29027 |  | 5549847 |
|  | Rockwool AS, Class A | 28420 |  | 1295885 |
|  | Rockwool AS, Class B | 85150 |  | 3887111 |
|  | Royal Unibrew AS | 23622 |  | 1878374 |
|  \* | RTX AS | 5266 |  | 49936 |
|  W | Scandinavian Tobacco Group AS | 65416 |  | 952167 |
|  | Schouw & Co. AS | 11084 |  | 1010303 |
|  | Solar AS, Class B | 7147 |  | 275168 |
|  | SP Group AS | 5488 |  | 224888 |
|  \* | Spar Nord Bank AS | 88327 |  | 2834462 |
|  | Sparekassen Sjaelland-Fyn AS | 12275 |  | 530499 |
|  | Svitzer Group AS | 1566 |  | 65668 |
|  | Sydbank AS | 54360 |  | 3481233 |
|  # | Tivoli AS | 881 |  | 82579 |
|  | Tryg AS | 116659 |  | 2782356 |
|  | UIE PLC | 12391 |  | 592293 |
|  | Vestas Wind Systems AS | 26513 |  | 353477 |
|  | Vestjysk Bank AS | 122141 |  | 79692 |
|  \* | Zealand Pharma AS | 22238 |  | 1572807 |
|  TOTAL DENMARK | TOTAL DENMARK | TOTAL DENMARK |  | 88633828 |
|  FINLAND — (1.7%) | FINLAND — (1.7%) | FINLAND — (1.7%) | FINLAND — (1.7%) | FINLAND — (1.7%) |
|  | Aktia Bank OYJ | 45889 |  | 520234 |
|  # | Alandsbanken Abp, Class B | 1791 |  | 74514 |
|  \* | Alisa Pankki OYJ | 1283 |  | 26384 |
|  | Alma Media OYJ | 17628 |  | 230876 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) |
|  # | Anora Group OYJ | 25666 | $95544 |
|  | Apetit OYJ | 2895 | 45004 |
|  | Aspo OYJ | 14187 | 83673 |
|  | Atria OYJ | 10371 | 152287 |
|  # | Bittium OYJ | 6294 | 48914 |
|  | Digia OYJ | 6411 | 48458 |
|  | Elisa OYJ | 48367 | 2580284 |
|  | eQ OYJ | 2622 | 30294 |
|  # | Evli OYJ, Class B | 1283 | 26452 |
|  | Finnair OYJ | 26021 | 70356 |
|  # | Fiskars OYJ Abp | 32534 | 540586 |
|  | Fortum OYJ | 151462 | 2539496 |
|  | F-Secure OYJ | 27403 | 60294 |
|  | Gofore OYJ | 1159 | 20735 |
|  # | Harvia OYJ | 9212 | 426241 |
|  | Hiab OYJ | 22436 | 1067566 |
|  | HKFoods OYJ | 10593 | 14048 |
|  | Huhtamaki OYJ | 45829 | 1687318 |
|  | Kalmar OYJ, Class B | 31343 | 992976 |
|  | Kemira OYJ | 71413 | 1473540 |
|  | Kesko OYJ (KESKOA FH), Class A | 29734 | 664915 |
|  | Kesko OYJ (KESKOB FH), Class B | 152063 | 3491187 |
|  | Kone OYJ, Class B | 71787 | 4445899 |
|  | Konecranes OYJ | 46376 | 3107100 |
|  | Lassila & Tikanoja OYJ | 25358 | 271968 |
|  \* | Lindex Group OYJ | 92703 | 278236 |
|  # | Mandatum OYJ | 220354 | 1557358 |
|  | Marimekko OYJ | 14474 | 200164 |
|  | Metsa Board OYJ (METSB FH), Class B | 51427 | 187758 |
|  # | Metso OYJ | 286680 | 3114980 |
|  | NoHo Partners OYJ | 1954 | 21013 |
|  | Nokia OYJ (NOKIA FH) | 473305 | 2366134 |
|  | Nokia OYJ (NOKIA FP) | 143713 | 718085 |
|  # | Nokian Renkaat OYJ | 71815 | 571274 |
|  | Nordea Bank Abp (NDA FH) | 605343 | 8383364 |
|  | Nordea Bank Abp (NDA SS) | 212648 | 2918117 |
|  | Olvi OYJ, Class A | 10348 | 388003 |
|  | Oriola OYJ (OKDBV FH), Class B | 42789 | 53008 |
|  | Orion OYJ (ORNAV FH), Class A | 11860 | 737151 |
|  | Orion OYJ (ORNBV FH), Class B | 44894 | 2810882 |
|  # | Outokumpu OYJ | 169821 | 653663 |
|  | Pihlajalinna OYJ | 15927 | 251268 |
|  | Ponsse OYJ | 3591 | 110309 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FINLAND — (Continued) | FINLAND — (Continued) |  |  |
|  | Puuilo OYJ | 34014 | $484376 |
|  \* | QT Group OYJ | 12892 | 841228 |
|  | Raisio OYJ, Class V | 60384 | 168307 |
|  | Revenio Group OYJ | 5435 | 169994 |
|  | Sampo OYJ, Class A | 389693 | 3898884 |
|  | Sanoma OYJ | 74430 | 819933 |
|  | Scanfil OYJ | 11458 | 113041 |
|  | Stora Enso OYJ, Class R | 134936 | 1253338 |
|  | Taaleri PLC | 6316 | 51269 |
|  # | Talenom OYJ | 2906 | 11747 |
|  W | Terveystalo OYJ | 99505 | 1382897 |
|  | TietoEVRY OYJ | 12875 | 230656 |
|  # | Tokmanni Group Corp. | 37657 | 594146 |
|  | UPM-Kymmene OYJ | 26349 | 697882 |
|  | Vaisala OYJ, Class A | 9903 | 527273 |
|  # | Valmet OYJ | 57181 | 1745969 |
|  | Wartsila OYJ Abp | 19117 | 353212 |
|  \* | YIT OYJ | 65853 | 192194 |
|  TOTAL FINLAND | TOTAL FINLAND |  | 63694256 |
|  FRANCE — (6.9%) | FRANCE — (6.9%) |  |  |
|  \* | 74Software SA | 7562 | 291761 |
|  # | ABC arbitrage | 10785 | 73704 |
|  | Accor SA | 14605 | 719623 |
|  | Aeroports de Paris SA | 371 | 46392 |
|  | Air Liquide SA | 17550 | 3606142 |
|  | AKWEL SADIR | 9441 | 79017 |
|  \* | Alstom SA | 17527 | 423262 |
|  | Altamir | 17275 | 452491 |
|  | Alten SA | 9761 | 827375 |
|  W | Amundi SA | 17468 | 1379818 |
|  | Arkema SA | 46135 | 3507435 |
|  # | Assystem SA | 1977 | 85909 |
|  | Aubay | 2886 | 150554 |
|  | AXA SA | 28216 | 1334501 |
|  \* | Bastide le Confort Medical | 2912 | 90039 |
|  # | Beneteau SACA | 34560 | 316186 |
|  | BioMerieux | 1920 | 259162 |
|  | BNP Paribas SA | 55287 | 4684438 |
|  | Boiron SA | 3024 | 83241 |
|  | Bollore SE | 104584 | 646894 |
|  | Bonduelle SCA | 7763 | 72607 |
|  \*†† | Bourbon Corp. SA | 9346 | 0 |
|  | Bouygues SA | 122374 | 5378986 |
|  | Bureau Veritas SA | 79293 | 2517002 |
|  \* | Canal & SA | 161833 | 367726 |
|  | Capgemini SE | 21438 | 3422628 |
|  # | Carrefour SA | 145238 | 2240109 |
|  | Catana Group | 14898 | 57459 |
|  | CBo Territoria | 13564 | 57134 |
|  \* | Cegedim SA | 6789 | 92070 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FRANCE — (Continued) | FRANCE — (Continued) |  |  |
|  | Cie de Saint-Gobain SA | 93595 | $10175460 |
|  | Cie des Alpes | 9445 | 185856 |
|  | Cie Generale des Etablissements Michelin SCA | 301482 | 11023913 |
|  #\* | Clariane SE | 132236 | 561886 |
|  | Coface SA | 84462 | 1731197 |
|  | Credit Agricole SA | 82436 | 1546218 |
|  | Danone SA | 45098 | 3880521 |
|  | Dassault Aviation SA | 435 | 156846 |
|  | Derichebourg SA | 108712 | 747802 |
|  | Eiffage SA | 49878 | 6787036 |
|  \*W | Elior Group SA | 40374 | 122307 |
|  | Elis SA | 172867 | 4437336 |
|  | Engie SA | 760357 | 15715312 |
|  | Eramet SA | 3227 | 178932 |
|  | EssilorLuxottica SA | 2098 | 604545 |
|  | Esso SA Francaise | 4323 | 694893 |
|  | Etablissements Maurel et Prom SA | 71961 | 370427 |
|  | Eurazeo SE | 27327 | 1998138 |
|  #\* | Eutelsat Communications SACA | 30998 | 126592 |
|  \* | Figeac Aero | 1504 | 14772 |
|  | Fnac Darty SA (0QSH LI) | 2700 | 92861 |
|  | Fnac Darty SA (FNAC FP) | 8241 | 286938 |
|  #\* | Foraco International SA | 56346 | 72752 |
|  | Forvia SE (FRVIA FP) | 40808 | 315230 |
|  | Gaztransport Et Technigaz SA | 16426 | 2677484 |
|  | Getlink SE | 8518 | 161742 |
|  | GL Events SACA | 9927 | 247543 |
|  | Groupe Crit SA | 2385 | 184017 |
|  # | Guerbet | 5789 | 131706 |
|  | Hermes International SCA | 2821 | 7758258 |
|  \* | ID Logistics Group SACA | 2241 | 1009385 |
|  | Imerys SA | 14166 | 473204 |
|  | Infotel SA | 2228 | 110651 |
|  # | Interparfums SA | 851 | 33731 |
|  | Ipsen SA | 11306 | 1314923 |
|  | IPSOS SA | 38098 | 1803737 |
|  # | Jacquet Metals SACA | 4941 | 116222 |
|  \* | JCDecaux SE | 48441 | 843079 |
|  | Kaufman & Broad SA | 12179 | 478192 |
|  # | Kering SA | 12886 | 2621691 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FRANCE — (Continued) | FRANCE — (Continued) |  |  |
|  W | La Francaise des Jeux SACA | 40542 | $1445085 |
|  | Laurent-Perrier | 1921 | 211354 |
|  | Lectra | 2711 | 70402 |
|  | Legrand SA | 10936 | 1201864 |
|  | Linedata Services | 862 | 71986 |
|  | LISI SA | 9353 | 292880 |
|  | LNA Sante SA | 5091 | 132530 |
|  | L'Oreal SA | 3396 | 1500576 |
|  \* | Louis Hachette Group | 54372 | 85728 |
|  | LVMH Moet Hennessy Louis Vuitton SE | 29948 | 16589075 |
|  #W | Maisons du Monde SA | 9594 | 29915 |
|  | Manitou BF SA | 11191 | 258065 |
|  | Mersen SA | 20247 | 433945 |
|  # | Metropole Television SA | 26704 | 419596 |
|  | Nexans SA | 13265 | 1457271 |
|  | NRJ Group | 18897 | 142375 |
|  | Oeneo SA | 12484 | 128903 |
|  | Opmobility | 67320 | 754471 |
|  | Orange SA (ORA FP) | 1286762 | 18668398 |
|  \* | OVH Groupe SAS | 3000 | 39888 |
|  | Publicis Groupe SA (PUB FP) | 27802 | 2828770 |
|  | Quadient SA | 18572 | 351547 |
|  | Renault SA | 61117 | 3245996 |
|  | Rexel SA | 244826 | 6802154 |
|  | Robertet SA | 158 | 146544 |
|  | SA d'Explosifs et de Produits Chimiques | 82 | 19018 |
|  | Safran SA | 20936 | 5571481 |
|  | Samse SACA | 314 | 50172 |
|  | Sanofi SA (SAN FP) | 27247 | 2980599 |
|  # | Sartorius Stedim Biotech | 436 | 102892 |
|  | Savencia SA | 3513 | 266047 |
|  | Schneider Electric SE (0NWV LI) | 1883 | 437474 |
|  | Schneider Electric SE (SU FP) | 11379 | 2658655 |
|  | SCOR SE | 88897 | 2801072 |
|  | SEB SA | 14616 | 1378712 |
|  | Seche Environnement SACA | 4299 | 443489 |
|  #\*W | SMCP SA | 12452 | 44890 |
|  | Societe BIC SA | 21382 | 1383447 |
|  | Societe Generale SA | 86638 | 4517216 |
|  | Societe LDC SADIR | 3690 | 320314 |
|  | Sodexo SA | 5058 | 321066 |
|  \* | SOITEC | 401 | 22745 |
|  | Sopra Steria Group | 11331 | 2323398 |
|  | SPIE SA | 81284 | 3983936 |
|  | Stef SA | 4038 | 582232 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FRANCE — (Continued) | FRANCE — (Continued) |  |  |
|  \* | Synergie SE | 6994 | $241798 |
|  # | Teleperformance SE | 20174 | 2212181 |
|  # | Television Francaise 1 SA | 56283 | 537810 |
|  | TFF Group | 576 | 13653 |
|  | Thales SA | 10190 | 2854447 |
|  # | Thermador Groupe | 3866 | 289437 |
|  # | Tikehau Capital SCA | 11998 | 259124 |
|  | TotalEnergies SE (TTE FP) | 660206 | 37602164 |
|  | Trigano SA | 10716 | 1273021 |
|  \* | Ubisoft Entertainment SA | 18626 | 219457 |
|  | Valeo SE | 68946 | 684714 |
|  #\* | Vallourec SACA | 192412 | 3556302 |
|  W | Verallia SA | 41833 | 1398834 |
|  | Vetoquinol SA | 2062 | 174226 |
|  | Vicat SACA | 12948 | 725003 |
|  | VIEL & Cie SA | 16841 | 258070 |
|  | Vinci SA | 41979 | 5896678 |
|  | Virbac SACA | 1818 | 640967 |
|  \* | Viridien | 6574 | 390019 |
|  | Vivendi SE | 161833 | 504671 |
|  #\* | Voltalia SA | 6763 | 56047 |
|  # | Wavestone | 2523 | 134667 |
|  \*W | Worldline SA | 4920 | 27259 |
|  TOTAL FRANCE | TOTAL FRANCE |  | 262525722 |
|  GERMANY — (8.3%) | GERMANY — (8.3%) |  |  |
|  | 1&1 AG | 33655 | 598028 |
|  | 7C Solarparken AG | 26525 | 60540 |
|  | Adesso SE | 1569 | 174267 |
|  | adidas AG | 18993 | 4370129 |
|  | All for One Group SE | 1703 | 109443 |
|  | Allgeier SE | 4438 | 102178 |
|  | Allianz SE (ALV GR) | 9813 | 4058428 |
|  | AlzChem Group AG | 5513 | 711451 |
|  | Amadeus Fire AG | 2835 | 241002 |
|  | Atoss Software SE | 5327 | 800787 |
|  | Aumann AG | 5514 | 89013 |
|  # | Aurubis AG | 25680 | 2242083 |
|  | BASF SE | 330626 | 16884892 |
|  \* | Basler AG | 4706 | 47625 |
|  | Bayer AG | 491636 | 12884395 |
|  | Bayerische Motoren Werke AG | 44911 | 3809238 |
|  #\* | BayWa AG (BYW6 GR) | 9726 | 89241 |
|  | Bechtle AG | 41971 | 1790594 |
|  | Beiersdorf AG | 5054 | 712098 |
|  | Bertrandt AG | 3342 | 72142 |
|  | Bijou Brigitte AG | 4938 | 237410 |
|  | Bilfinger SE | 19633 | 1669785 |
|  # | Borussia Dortmund GmbH & Co. KGaA | 92191 | 342454 |

---

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##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) |  |  |
|  | Brenntag SE | 66131 | $4416483 |
|  W | Brockhaus Technologies AG | 2050 | 33329 |
|  | CANCOM SE (COK GR) | 20513 | 629838 |
|  | Carl Zeiss Meditec AG | 309 | 21237 |
|  \* | Ceconomy AG | 147683 | 524849 |
|  | CENIT AG | 5167 | 48464 |
|  | Cewe Stiftung & Co. KGaA | 6588 | 761859 |
|  | Commerzbank AG | 306138 | 8102713 |
|  \* | CompuGroup Medical SE & Co. KGaA | 8205 | 204491 |
|  | Continental AG | 43559 | 3405209 |
|  \* | Covestro AG | 48264 | 3248619 |
|  | CTS Eventim AG & Co. KGaA | 27901 | 3305905 |
|  | Daimler Truck Holding AG | 218320 | 8771329 |
|  | Dermapharm Holding SE | 13797 | 602729 |
|  | Deutsche Bank AG (DB US) | 251120 | 6581855 |
|  | Deutsche Bank AG (DBK GR) | 18884 | 495145 |
|  \* | Deutsche Beteiligungs AG | 9791 | 279860 |
|  | Deutsche Boerse AG | 65241 | 21013725 |
|  | Deutsche Lufthansa AG | 366551 | 2633904 |
|  \*W | Deutsche Pfandbriefbank AG | 75740 | 464542 |
|  | Deutsche Post AG | 339804 | 14519144 |
|  | Deutsche Telekom AG (DTE GR) | 713773 | 25636966 |
|  | Deutsche Telekom AG (DTEGY US), Sponsored ADR | 5867 | 210097 |
|  | Deutz AG | 81056 | 629353 |
|  | Draegerwerk AG & Co. KGaA | 2155 | 121438 |
|  | Duerr AG | 71144 | 1684251 |
|  W | DWS Group GmbH & Co. KGaA | 26592 | 1399894 |
|  | E.ON SE | 234553 | 4102236 |
|  | Eckert & Ziegler SE | 7772 | 531274 |
|  | Elmos Semiconductor SE | 7963 | 542474 |
|  | ElringKlinger AG | 35901 | 200413 |
|  | Energiekontor AG | 4279 | 206128 |
|  | Evonik Industries AG | 74680 | 1678272 |
|  | Fielmann Group AG | 10288 | 584614 |
|  | flatexDEGIRO AG | 117214 | 3084701 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) |  |  |
|  #\* | Fraport AG Frankfurt Airport Services Worldwide | 26991 | $1788736 |
|  | Freenet AG | 99725 | 4146875 |
|  | Fresenius Medical Care AG (FME GR) | 50967 | 2592975 |
|  \* | Fresenius SE & Co. KGaA | 41103 | 1952266 |
|  | Friedrich Vorwerk Group SE | 6850 | 467728 |
|  | FUCHS SE | 12719 | 488955 |
|  | GEA Group AG | 75384 | 4918029 |
|  | Gerresheimer AG | 30386 | 2061620 |
|  | Gesco SE | 7358 | 134435 |
|  | GFT Technologies SE | 20390 | 575878 |
|  | Grenke AG | 14427 | 221146 |
|  | H&R GmbH & Co. KGaA | 8448 | 39018 |
|  | Hannover Rueck SE | 11492 | 3688927 |
|  #W | Hapag-Lloyd AG | 2969 | 467470 |
|  | Hawesko Holding SE | 817 | 22999 |
|  | Heidelberg Materials AG | 72839 | 14561498 |
|  \* | Heidelberger Druckmaschinen AG | 216537 | 298080 |
|  | Hella GmbH & Co. KGaA | 2159 | 217010 |
|  \* | HelloFresh SE | 171554 | 1786359 |
|  | Henkel AG & Co. KGaA | 10898 | 769182 |
|  | Hensoldt AG | 5650 | 437699 |
|  | HOCHTIEF AG | 10531 | 1992415 |
|  | Hornbach Holding AG & Co. KGaA | 14561 | 1639381 |
|  | HUGO BOSS AG | 41652 | 1737276 |
|  | Indus Holding AG | 17184 | 484093 |
|  | Infineon Technologies AG (IFNNY US), ADR | 25149 | 829163 |
|  | Infineon Technologies AG (IFX GR) | 238824 | 7910578 |
|  | Init Innovation in Traffic Systems SE | 4242 | 188864 |
|  W | Instone Real Estate Group SE | 21110 | 195263 |
|  | IVU Traffic Technologies AG | 6118 | 130152 |
|  | Jenoptik AG | 68652 | 1370624 |
|  W | JOST Werke SE | 14956 | 841662 |
|  | K&S AG | 87825 | 1531833 |
|  | KION Group AG | 56418 | 2400921 |
|  | Kloeckner & Co. SE | 10732 | 86383 |
|  | Knaus Tabbert AG | 963 | 14418 |

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##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) |  |  |
|  | Knorr-Bremse AG | 24318 | $2411780 |
|  \* | Koenig & Bauer AG | 7483 | 138466 |
|  | Krones AG | 12389 | 1810877 |
|  | KSB SE & Co. KGaA | 83 | 79648 |
|  | KWS Saat SE & Co. KGaA | 12755 | 804819 |
|  | Lanxess AG | 13226 | 397097 |
|  | Leifheit AG | 5800 | 142911 |
|  \* | MAX Automation SE | 1669 | 10220 |
|  \* | Medios AG | 10427 | 138471 |
|  | Mercedes-Benz Group AG | 98368 | 5881306 |
|  | Merck KGaA | 1336 | 185998 |
|  | MLP SE | 69864 | 633463 |
|  | MTU Aero Engines AG | 10646 | 3684639 |
|  | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | 11913 | 8155753 |
|  # | Mutares SE & Co. KGaA | 16342 | 597517 |
|  #\* | Nagarro SE | 6919 | 493264 |
|  | Nemetschek SE | 17287 | 2297179 |
|  | Norma Group SE | 11384 | 143075 |
|  | Patrizia SE | 20053 | 168183 |
|  \* | Pentixapharm Holding AG | 7772 | 25532 |
|  | Pfeiffer Vacuum Technology AG | 2084 | 367159 |
|  # | PNE AG | 4119 | 72039 |
|  | ProCredit Holding AG | 23774 | 273199 |
|  | ProSiebenSat.1 Media SE | 70381 | 491169 |
|  | Puma SE (PUM GR) | 1990 | 51383 |
|  #\* | PVA TePla AG | 19538 | 363235 |
|  | PWO AG | 1001 | 32734 |
|  \* | q.beyond AG | 16382 | 14881 |
|  | Qiagen NV | 16790 | 720565 |
|  \* | R Stahl AG | 1041 | 21100 |
|  | Rational AG | 1798 | 1542745 |
|  | Rheinmetall AG | 10704 | 18229471 |
|  | RWE AG | 48169 | 1870602 |
|  | SAF-Holland SE | 27426 | 497621 |
|  | Salzgitter AG | 6973 | 172319 |
|  W | Scout24 SE | 4867 | 580033 |
|  | Secunet Security Networks AG | 917 | 213828 |
|  #\* | SGL Carbon SE | 13285 | 53140 |
|  | Siemens AG (SIE GR) | 18472 | 4253389 |
|  #\* | Siemens Energy AG | 12852 | 991964 |
|  W | Siemens Healthineers AG | 11955 | 644462 |
|  | Siltronic AG | 6250 | 254129 |
|  | Sixt SE | 6786 | 645167 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) |  |  |
|  | SMA Solar Technology AG | 16549 | $287013 |
|  | Stabilus SE | 10024 | 278048 |
|  | Stroeer SE & Co. KGaA | 14983 | 894656 |
|  | Suedzucker AG | 80818 | 1088128 |
|  | SUSS MicroTec SE | 18932 | 728999 |
|  | Symrise AG | 10273 | 1184800 |
|  | Takkt AG | 22729 | 196321 |
|  \* | Talanx AG | 24927 | 2860825 |
|  \*W | TeamViewer SE | 96732 | 1486067 |
|  | Technotrans SE | 3475 | 70972 |
|  | thyssenkrupp AG | 280860 | 3220976 |
|  \* | TUI AG | 134400 | 1034139 |
|  | United Internet AG | 61043 | 1384260 |
|  # | Verbio SE | 15266 | 180176 |
|  | Volkswagen AG | 9636 | 1075718 |
|  | Vossloh AG | 15168 | 1198338 |
|  | Wacker Chemie AG | 6672 | 504374 |
|  | Wacker Neuson SE | 18945 | 509446 |
|  | Washtec AG | 6118 | 294804 |
|  | Wuestenrot & Wuerttembergische AG | 14659 | 236107 |
|  | Zeal Network SE | 1813 | 92366 |
|  TOTAL GERMANY | TOTAL GERMANY |  | 315127539 |
|  HONG KONG — (1.2%) | HONG KONG — (1.2%) |  |  |
|  \* | Aceso Life Science Group Ltd. | 479933 | 1529 |
|  | Aeon Credit Service Asia Co. Ltd. | 74000 | 59240 |
|  | AIA Group Ltd. | 483800 | 3625071 |
|  \* | Allied Group Ltd. | 236000 | 45971 |
|  | APAC Resources Ltd. | 230903 | 32879 |
|  | Asia Financial Holdings Ltd. | 136000 | 69976 |
|  | ASMPT Ltd. | 29000 | 195097 |
|  | Associated International Hotels Ltd. | 10000 | 6529 |
|  | Bank of East Asia Ltd. | 550047 | 756282 |
|  | BOC Hong Kong Holdings Ltd. | 238000 | 987314 |
|  | Bright Smart Securities & Commodities Group Ltd. | 650000 | 574614 |
|  W | Budweiser Brewing Co. APAC Ltd. | 78000 | 82417 |
|  | Cafe de Coral Holdings Ltd. | 292000 | 268346 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  | Cathay Pacific Airways Ltd. | 814000 | $935339 |
|  | Chevalier International Holdings Ltd. | 30055 | 15196 |
|  \* | China Energy Development Holdings Ltd. | 4676000 | 25950 |
|  \* | China Star Entertainment Ltd. | 1552000 | 314657 |
|  \* | Chinese Estates Holdings Ltd. | 257500 | 42728 |
|  | Chow Sang Sang Holdings International Ltd. | 325000 | 318507 |
|  | CITIC Telecom International Holdings Ltd. | 1727000 | 525367 |
|  | CK Asset Holdings Ltd. | 73152 | 298852 |
|  | CK Hutchison Holdings Ltd. | 76460 | 431164 |
|  | CK Infrastructure Holdings Ltd. | 9500 | 64027 |
|  \* | CK Life Sciences International Holdings, Inc. | 258000 | 30000 |
|  \* | C-Mer Medical Holdings Ltd. | 210000 | 45715 |
|  #†† | Convoy, Inc. | 5166000 | 20849 |
|  W | Crystal International Group Ltd. | 519000 | 302579 |
|  \* | CSC Holdings Ltd. | 4600000 | 11249 |
|  | CTF Services Ltd. | 913830 | 865411 |
|  \*†† | CW Group Holdings Ltd. | 443000 | 0 |
|  | Dah Sing Banking Group Ltd. | 258595 | 278658 |
|  | Dah Sing Financial Holdings Ltd. | 111066 | 405525 |
|  | Dickson Concepts International Ltd. | 83500 | 73835 |
|  | Dream International Ltd. | 48000 | 36002 |
|  | Dynamic Holdings Ltd. | 14000 | 25479 |
|  | Eagle Nice International Holdings Ltd. | 242000 | 108257 |
|  †† | EcoGreen International Group Ltd. | 234000 | 10750 |
|  | Emperor Watch & Jewellery Ltd. | 1020000 | 28467 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  \* | ENM Holdings Ltd. | 324000 | $10422 |
|  W | ESR Group Ltd. | 855000 | 1361538 |
|  | Fairwood Holdings Ltd. | 55500 | 36790 |
|  | Far East Consortium International Ltd. | 915938 | 105079 |
|  | First Pacific Co. Ltd. | 1837200 | 1236192 |
|  #\*W | FIT Hon Teng Ltd. | 1215000 | 305025 |
|  | FSE Lifestyle Services Ltd. | 90000 | 64073 |
|  | Galaxy Entertainment Group Ltd. | 77000 | 278093 |
|  | Get Nice Holdings Ltd. | 608600 | 10555 |
|  | Giordano International Ltd. | 1280000 | 246428 |
|  | Glorious Sun Enterprises Ltd. | 447000 | 73735 |
|  #\*†† | Gold Financial Holdings Ltd. | 204000 | 0 |
|  | Great Eagle Holdings Ltd. | 145003 | 242397 |
|  | G-Resources Group Ltd. | 229930 | 187484 |
|  | Guoco Group Ltd. | 18000 | 146359 |
|  # | Guotai Junan International Holdings Ltd. | 2101000 | 270574 |
|  | Hang Lung Group Ltd. | 362000 | 519641 |
|  | Hang Lung Properties Ltd. | 37804 | 31005 |
|  | Hang Seng Bank Ltd. | 28900 | 403409 |
|  | Harbour Centre Development Ltd. | 53000 | 26311 |
|  | Henderson Land Development Co. Ltd. | 88575 | 251193 |
|  | HKBN Ltd. | 322500 | 210816 |
|  \* | HKR International Ltd. | 265188 | 29567 |
|  | HKT Trust & HKT Ltd. | 1262000 | 1795800 |
|  | Hong Kong & China Gas Co. Ltd. | 158735 | 142826 |
|  | Hong Kong Exchanges & Clearing Ltd. | 74500 | 3254881 |
|  | Hong Kong Ferry Holdings Co. Ltd. | 112000 | 60491 |
|  #\* | Hong Kong Technology Venture Co. Ltd. | 263659 | 70535 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  | Hongkong & Shanghai Hotels Ltd. | 413220 | $287628 |
|  | Hutchison Telecommunications Hong Kong Holdings Ltd. | 988000 | 128756 |
|  | IGG, Inc. | 496000 | 238958 |
|  W | Impro Precision Industries Ltd. | 211000 | 62541 |
|  \* | IPE Group Ltd. | 305000 | 15730 |
|  | Johnson Electric Holdings Ltd. | 464085 | 845469 |
|  | K Wah International Holdings Ltd. | 725000 | 162436 |
|  \* | Kader Holdings Co. Ltd. | 4000 | 133 |
|  | Karrie International Holdings Ltd. | 78000 | 7265 |
|  | Kerry Properties Ltd. | 270500 | 635251 |
|  | KLN Logistics Group Ltd. | 406750 | 328079 |
|  | Kowloon Development Co. Ltd. | 275504 | 106737 |
|  \* | Lai Sun Garment International Ltd. | 45334 | 3360 |
|  \* | Langham Hospitality Investments & Langham Hospitality Investments Ltd. | 832750 | 49380 |
|  | Liu Chong Hing Investment Ltd. | 128000 | 66483 |
|  | Luk Fook Holdings International Ltd. | 112000 | 244396 |
|  | Man Wah Holdings Ltd. | 932000 | 495301 |
|  \* | Midland Holdings Ltd. | 86000 | 10960 |
|  | Miramar Hotel & Investment | 162000 | 189533 |
|  | Modern Dental Group Ltd. | 345000 | 185290 |
|  #\* | Mongolian Mining Corp. | 810000 | 669189 |
|  | MTR Corp. Ltd. | 12216 | 42174 |
|  \* | NagaCorp Ltd. | 377784 | 160468 |
|  | Nameson Holdings Ltd. | 378000 | 36983 |
|  \* | National United Resources Holdings Ltd. | 35000 | 302 |
|  \* | New Focus Auto Tech Holdings Ltd. | 1452000 | 8027 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  #\* | New World Development Co. Ltd. | 37644 | $23052 |
|  \*†† | NewOcean Energy Holdings Ltd. | 788000 | 0 |
|  # | Nissin Foods Co. Ltd. | 135000 | 116145 |
|  | Oriental Watch Holdings | 404368 | 182675 |
|  \* | Oshidori International Holdings Ltd. | 2508000 | 152362 |
|  | Pacific Basin Shipping Ltd. | 4309000 | 966170 |
|  | Pacific Textiles Holdings Ltd. | 433000 | 68728 |
|  | PAX Global Technology Ltd. | 253000 | 152355 |
|  | PC Partner Group Ltd. | 160000 | 150441 |
|  | PCCW Ltd. | 281415 | 187607 |
|  | Perfect Medical Health Management Ltd. | 120000 | 33451 |
|  | Pico Far East Holdings Ltd. | 748000 | 184261 |
|  | Plover Bay Technologies Ltd. | 144000 | 98517 |
|  \* | Public Financial Holdings Ltd. | 292000 | 48966 |
|  \* | Regal Hotels International Holdings Ltd. | 240000 | 19675 |
|  W | Regina Miracle International Holdings Ltd. | 210000 | 46105 |
|  # | Sa Sa International Holdings Ltd. | 836000 | 63212 |
|  | SAS Dragon Holdings Ltd. | 294000 | 153583 |
|  | Shangri-La Asia Ltd. | 753666 | 422163 |
|  \* | Shun Tak Holdings Ltd. | 1019249 | 73506 |
|  | Singamas Container Holdings Ltd. | 1084000 | 84969 |
|  | Sino Land Co. Ltd. | 384451 | 395100 |
|  | SITC International Holdings Co. Ltd. | 793000 | 2195787 |
|  | SmarTone Telecommunications Holdings Ltd. | 370166 | 202722 |
|  | Soundwill Holdings Ltd. | 69000 | 72549 |
|  \* | South China Holdings Co. Ltd. | 880000 | 3428 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  | Stella International Holdings Ltd. | 390000 | $698206 |
|  | Sun Hung Kai & Co. Ltd. | 472341 | 182817 |
|  | Sun Hung Kai Properties Ltd. | 31282 | 296754 |
|  | SUNeVision Holdings Ltd. | 622000 | 520061 |
|  | Swire Pacific Ltd.. (19 HK), Class A | 120000 | 1037719 |
|  | Swire Pacific Ltd.. (87 HK), Class B | 157500 | 216777 |
|  | TAI Cheung Holdings Ltd. | 157000 | 59762 |
|  | Techtronic Industries Co. Ltd. | 117000 | 1177486 |
|  \* | Television Broadcasts Ltd. | 98900 | 39422 |
|  | Texhong International Group Ltd. | 279000 | 121479 |
|  | Texwinca Holdings Ltd. | 376000 | 27755 |
|  # | Theme International Holdings Ltd. | 1680000 | 84452 |
|  #\* | Tongda Group Holdings Ltd. | 3530000 | 34137 |
|  | Town Health International Medical Group Ltd. | 1265899 | 40570 |
|  | Tradelink Electronic Commerce Ltd. | 162000 | 19870 |
|  | Transport International Holdings Ltd. | 76648 | 89031 |
|  | United Laboratories International Holdings Ltd. | 1027000 | 1840451 |
|  \*†† | Untrade.Genting | 436000 | 0 |
|  | Vesync Co. Ltd. | 205000 | 147229 |
|  | Vitasoy International Holdings Ltd. | 390000 | 502482 |
|  | VSTECS Holdings Ltd. | 745200 | 573765 |
|  | VTech Holdings Ltd. | 83000 | 557607 |
|  W | WH Group Ltd. | 2112568 | 1889074 |
|  | Wing On Co. International Ltd. | 30000 | 44323 |
|  | Wing Tai Properties Ltd. | 154000 | 28884 |
|  \* | Xingye Alloy Materials Group Ltd. | 121000 | 15428 |
|  # | Xinyi Glass Holdings Ltd. | 859210 | 804463 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  | Yue Yuen Industrial Holdings Ltd. | 576500 | $827680 |
|  \* | Zhaobangji Lifestyle Holdings Ltd. | 688000 | 12257 |
|  TOTAL HONG KONG | TOTAL HONG KONG |  | 46259346 |
|  IRELAND — (0.7%) | IRELAND — (0.7%) |  |  |
|  | AIB Group PLC | 702702 | 4722903 |
|  | Bank of Ireland Group PLC | 586081 | 6881452 |
|  | C&C Group PLC | 121921 | 223947 |
|  | Cairn Homes PLC | 503745 | 1109764 |
|  | Dalata Hotel Group PLC | 164527 | 942977 |
|  | DCC PLC | 25264 | 1651201 |
|  | FBD Holdings PLC (FBD ID) | 18953 | 276289 |
|  \* | Flutter Entertainment PLC | 3145 | 763346 |
|  | Glanbia PLC (GLB ID) | 130579 | 1690370 |
|  \*W | Glenveagh Properties PLC | 406308 | 761522 |
|  | Grafton Group PLC, CDI | 112665 | 1363817 |
|  | Greencore Group PLC | 408487 | 1007290 |
|  | Irish Continental Group PLC (IR5B ID) | 94874 | 552689 |
|  \* | James Hardie Industries PLC (JHX AU), CDI | 32062 | 752566 |
|  | Kerry Group PLC (KYGA ID), Class A | 1235 | 130739 |
|  | Kingspan Group PLC (KSP ID) | 31657 | 2671358 |
|  \* | Permanent TSB Group Holdings PLC | 44764 | 78361 |
|  | Smurfit WestRock PLC | 16056 | 674673 |
|  TOTAL IRELAND | TOTAL IRELAND |  | 26255264 |
|  ISRAEL — (0.9%) | ISRAEL — (0.9%) |  |  |
|  \* | AFI Properties Ltd. | 2858 | 144591 |
|  \* | Alrov Properties & Lodgings Ltd. | 3510 | 187783 |
|  # | Altshuler Shaham Finance Ltd. | 26346 | 37730 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Amos Luzon Development & Energy Group Ltd. | 28031 | $21278 |
|  | Arad Ltd. | 8268 | 117147 |
|  \* | Ashdod Refinery Ltd. | 2855 | 46906 |
|  | Ashtrom Group Ltd. | 6397 | 100600 |
|  | AudioCodes Ltd. (AUDC US) | 5277 | 49498 |
|  | Automatic Bank Services Ltd. | 11018 | 68121 |
|  | Ayalon Holdings Ltd. | 3401 | 46554 |
|  | Azorim-Investment Development & Construction Co. Ltd. | 22180 | 102201 |
|  | Azrieli Group Ltd. | 201 | 14634 |
|  | Bank Hapoalim BM | 99621 | 1461300 |
|  | Bank Leumi Le-Israel BM | 199102 | 2827453 |
|  \* | Bet Shemesh Engines Holdings 1997 Ltd. | 3699 | 495042 |
|  | Bezeq The Israeli Telecommunication Corp. Ltd. | 347782 | 528850 |
|  | Carasso Motors Ltd. | 31251 | 240682 |
|  | Castro Model Ltd. | 588 | 25724 |
|  \* | Cellcom Israel Ltd. (CEL IT) | 31987 | 202556 |
|  \* | Cellcom Israel Ltd. (CELJF US) | 44794 | 293849 |
|  | Clal Insurance Enterprises Holdings Ltd. | 46879 | 1286272 |
|  | Cohen Development Gas & Oil Ltd. | 41 | 1873 |
|  \* | Compugen Ltd. | 11330 | 16326 |
|  | Danel Adir Yeoshua Ltd. | 2820 | 304772 |
|  | Danya Cebus Ltd. | 1721 | 49654 |
|  | Delek Group Ltd. | 5388 | 859544 |
|  | Delta Galil Ltd. | 7154 | 337334 |
|  | Delta Israel Brands Ltd. | 1791 | 40382 |
|  | Diplomat Holdings Ltd. | 7551 | 86912 |
|  # | Direct Finance of Direct Group 2006 Ltd. | 924 | 137532 |
|  \* | Dor Alon Energy in Israel 1988 Ltd. | 3031 | 98118 |
|  | Duniec Brothers Ltd. | 1023 | 61700 |
|  \* | El Al Israel Airlines | 43385 | 132607 |
|  | Electra Consumer Products 1970 Ltd. | 3998 | 110107 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  # | Electra Ltd. | 512 | $270842 |
|  | Electra Real Estate Ltd. | 2223 | 27586 |
|  \* | Ellomay Capital Ltd. | 2696 | 39260 |
|  \* | Equital Ltd. | 17929 | 672474 |
|  \* | Fattal Holdings 1998 Ltd. | 2508 | 327534 |
|  | First International Bank of Israel Ltd. | 11171 | 613538 |
|  | FMS Enterprises Migun Ltd. | 2031 | 97982 |
|  | Formula Systems 1985 Ltd. (FORTY IT) | 4452 | 393071 |
|  | Fox Wizel Ltd. | 4361 | 366794 |
|  | Gav-Yam Lands Corp. Ltd. | 9344 | 83075 |
|  \* | Gilat Satellite Networks Ltd. | 3813 | 24190 |
|  \* | Hagag Group Real Estate Development | 9170 | 42162 |
|  | Harel Insurance Investments & Financial Services Ltd. | 90237 | 1499915 |
|  | Hilan Ltd. | 8281 | 528705 |
|  | ICL Group Ltd. | 1654 | 11041 |
|  | IDI Insurance Co. Ltd. | 6733 | 315318 |
|  \* | IES Holdings Ltd. | 1407 | 83832 |
|  | Ilex Medical Ltd. | 3245 | 53767 |
|  | Inrom Construction Industries Ltd. | 92645 | 388297 |
|  | Isracard Ltd. | 153720 | 723906 |
|  | Israel Discount Bank Ltd., Class A | 230839 | 1724248 |
|  \* | Israir Group Ltd. | 77586 | 45305 |
|  | Isras Investment Co. Ltd. | 966 | 208331 |
|  # | Issta Ltd. | 5494 | 125829 |
|  | Kamada Ltd. (KMDA IT) | 8369 | 54488 |
|  \* | Kamada Ltd. (KMDA US) | 5031 | 32551 |
|  | Kardan Real Estate Enterprise & Development Ltd. | 24161 | 35401 |
|  | Land Development Nimrodi Group Ltd. | 4982 | 39147 |
|  | M Yochananof & Sons Ltd. | 2321 | 156972 |

---

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##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Magic Software Enterprises Ltd. (MGIC IT) | 15105 | $208901 |
|  \* | Malam - Team Ltd. | 4820 | 98465 |
|  | Matrix IT Ltd. | 9607 | 235151 |
|  | Max Stock Ltd. | 45083 | 172259 |
|  | Mediterranean Towers Ltd. | 56719 | 171730 |
|  | Meitav Investment House Ltd. | 36615 | 471720 |
|  | MENIF - Financial Services Ltd. | 17757 | 90579 |
|  | Menora Mivtachim Holdings Ltd. | 20160 | 1067814 |
|  | Meshulam Levinstein Contracting & Engineering Ltd. | 1121 | 118897 |
|  | Migdal Insurance & Financial Holdings Ltd. | 202108 | 388693 |
|  | Mivtach Shamir Holdings Ltd. | 1785 | 123565 |
|  | Mizrahi Tefahot Bank Ltd. | 11602 | 587502 |
|  | Naphtha Israel Petroleum Corp. Ltd. | 10721 | 69262 |
|  | Nawi Group Ltd. | 13598 | 185554 |
|  \* | Neto ME Holdings Ltd. | 867 | 40200 |
|  | Next Vision Stabilized Systems Ltd. | 23238 | 612133 |
|  \* | Nova Ltd. (NVMI IT) | 194 | 37456 |
|  | Novolog Ltd. | 130132 | 54216 |
|  | Oil Refineries Ltd. | 1832971 | 460211 |
|  | One Software Technologies Ltd. | 15311 | 289258 |
|  | Palram Industries 1990 Ltd. | 11175 | 237780 |
|  # | Partner Communications Co. Ltd. | 97735 | 649322 |
|  | Paz Retail & Energy Ltd. | 7318 | 1033269 |
|  \* | Perion Network Ltd. | 5120 | 48324 |
|  | Phoenix Financial Ltd. | 52640 | 1036642 |
|  | Plasson Industries Ltd. | 1085 | 59537 |
|  | Plus500 Ltd. | 68343 | 2801537 |
|  | Polyram Plastic Industries Ltd. | 24917 | 67577 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Prashkovsky Investments & Construction Ltd. | 178 | $4587 |
|  \* | Priortech Ltd. | 264 | 10725 |
|  | Qualitau Ltd. | 1674 | 94023 |
|  | Rami Levy Chain Stores Hashikma Marketing 2006 Ltd. | 4030 | 308338 |
|  \* | Rani Zim Shopping Centers Ltd. | 41874 | 51092 |
|  | Retailors Ltd. | 4258 | 87886 |
|  \* | Scope Metals Group Ltd. | 5426 | 187544 |
|  | Shufersal Ltd. | 67433 | 631366 |
|  | Summit Real Estate Holdings Ltd. | 27308 | 402819 |
|  | Tadiran Group Ltd. | 2028 | 112589 |
|  W | Tamar Petroleum Ltd. | 12970 | 122552 |
|  \* | TAT Technologies Ltd. | 1157 | 31886 |
|  | Tel Aviv Stock Exchange Ltd. | 679 | 8348 |
|  | Telsys Ltd. | 1595 | 75134 |
|  \* | Tera Light Ltd. | 18659 | 47191 |
|  \* | Teva Pharmaceutical Industries Ltd. (TEVA US), Sponsored ADR | 114334 | 1773320 |
|  | Tiv Taam Holdings 1 Ltd. | 45138 | 94867 |
|  \* | Tower Semiconductor Ltd. (TSEM IT) | 377 | 13779 |
|  | Victory Supermarket Chain Ltd. | 3715 | 44443 |
|  | YD More Investments Ltd. | 11785 | 52422 |
|  | YH Dimri Construction & Development Ltd. | 233 | 19660 |
|  TOTAL ISRAEL | TOTAL ISRAEL |  | 35113318 |
|  ITALY — (2.5%) | ITALY — (2.5%) |  |  |
|  | A2A SpA | 1053396 | 2679070 |
|  | ACEA SpA | 23610 | 554661 |
|  | Amplifon SpA | 52005 | 995321 |
|  | Arnoldo Mondadori Editore SpA | 109582 | 266713 |
|  | Ascopiave SpA | 28986 | 108476 |
|  | Azimut Holding SpA | 55894 | 1553245 |
|  | Banca Generali SpA | 25451 | 1509950 |
|  | Banca IFIS SpA | 21001 | 526205 |
|  | Banca Mediolanum SpA | 64894 | 970156 |

---

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##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
|  | Banca Monte dei Paschi di Siena SpA | 459257 | $3883834 |
|  | Banca Popolare di Sondrio SpA | 303191 | 3799249 |
|  W | Banca Sistema SpA | 21210 | 39738 |
|  | Banco BPM SpA | 508021 | 5670793 |
|  | Banco di Desio e della Brianza SpA | 26638 | 228544 |
|  W | BFF Bank SpA | 76741 | 727029 |
|  # | Biesse SpA | 1204 | 9638 |
|  # | BPER Banca SpA | 685442 | 5567217 |
|  # | Brunello Cucinelli SpA | 17481 | 1973599 |
|  | Buzzi SpA | 10799 | 565930 |
|  # | Cairo Communication SpA | 52260 | 170725 |
|  W | Carel Industries SpA | 537 | 10763 |
|  | Cembre SpA | 1846 | 102089 |
|  \* | CIR SpA-Compagnie Industriali | 671264 | 445355 |
|  | Credito Emiliano SpA | 87133 | 1197887 |
|  | Danieli & C Officine Meccaniche SpA (DANR IM) | 16764 | 453720 |
|  | Datalogic SpA | 5148 | 24906 |
|  #\*W | doValue SpA | 64701 | 133397 |
|  W | Enav SpA | 94202 | 417143 |
|  | Enel SpA | 1243802 | 10782484 |
|  | Eni SpA (ENI IM) | 358819 | 5138840 |
|  \* | Esprinet SpA | 22669 | 135378 |
|  | Fiera Milano SpA | 17420 | 101294 |
|  | Fila SpA | 20287 | 264304 |
|  | FinecoBank Banca Fineco SpA | 36826 | 736922 |
|  # | FNM SpA | 182188 | 82580 |
|  \* | Garofalo Health Care SpA | 8404 | 51410 |
|  | Generali | 2406 | 87934 |
|  | GPI SpA | 1425 | 14882 |
|  | Hera SpA | 329199 | 1558503 |
|  # | IMMSI SpA | 149021 | 84331 |
|  | Intercos SpA | 1239 | 18650 |
|  | Intesa Sanpaolo SpA | 573095 | 3059348 |
|  # | Italian Sea Group SpA | 4840 | 30982 |
|  | Italmobiliare SpA | 13132 | 365616 |
|  | Maire SpA | 127750 | 1379771 |
|  | Mediobanca Banca di Credito Finanziario SpA | 38559 | 788687 |
|  | Moltiply Group SpA | 11449 | 567317 |
|  | Moncler SpA | 48680 | 3004572 |
|  \* | Newlat Food SpA | 10349 | 201321 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
|  #\*W | Nexi SpA | 154612 | $903098 |
|  | Orsero SpA | 7084 | 105287 |
|  W | OVS SpA | 334159 | 1206069 |
|  | Pharmanutra SpA | 1886 | 115512 |
|  # | Piaggio&CSpA | 205723 | 403846 |
|  W | Pirelli & C SpA | 220920 | 1365838 |
|  W | Poste Italiane SpA | 107568 | 2183329 |
|  | PRADA SpA | 78000 | 487021 |
|  | Prysmian SpA | 17495 | 961039 |
|  W | RAI Way SpA | 81110 | 555558 |
|  | Recordati Industria Chimica e Farmaceutica SpA | 15925 | 939708 |
|  | Reply SpA | 5989 | 1069213 |
|  | Rizzoli Corriere Della Sera Mediagroup SpA | 134179 | 149388 |
|  | Sabaf SpA | 2447 | 41553 |
|  \* | Safilo Group SpA | 14771 | 12078 |
|  #\* | Saipem SpA | 508900 | 1175543 |
|  # | Sanlorenzo SpA | 8992 | 288675 |
|  | Sesa SpA | 4663 | 394113 |
|  # | Sogefi SpA | 53791 | 126508 |
|  | SOL SpA | 26480 | 1208989 |
|  | Spaxs SpA | 15627 | 61729 |
|  | Tamburi Investment Partners SpA | 41568 | 355845 |
|  W | Technogym SpA | 59339 | 801838 |
|  \* | Telecom Italia SpA (TIT IM) | 5354913 | 2120729 |
|  \* | Telecom Italia SpA (TITR IM) | 1154902 | 513664 |
|  \* | TREVI - Finanziaria Industriale SpA | 139449 | 42561 |
|  | TXT e-solutions SpA | 4836 | 172881 |
|  | UniCredit SpA | 147245 | 8566823 |
|  | Unipol Assicurazioni SpA | 171964 | 3084468 |
|  # | Webuild SpA | 110227 | 399911 |
|  # | Wiit SpA | 6589 | 115396 |
|  # | Zignago Vetro SpA | 7004 | 70452 |
|  TOTAL ITALY | TOTAL ITALY | TOTAL ITALY | 93039141 |
|  JAPAN — (22.4%) | JAPAN — (22.4%) |  |  |
|  | &Do Holdings Co. Ltd. | 9100 | 87061 |
|  | 77 Bank Ltd. | 44800 | 1404069 |
|  | A&D HOLON Holdings Co. Ltd. | 22300 | 279098 |
|  # | AB & Company Co. Ltd. | 7300 | 46316 |
|  | ABC-Mart, Inc. | 8600 | 159943 |
|  # | Achilles Corp. | 9100 | 85847 |
|  | Acom Co. Ltd. | 127800 | 358109 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | AD Works Group Co. Ltd. | 36760 | $68026 |
|  # | Adastria Co. Ltd. | 15460 | 315878 |
|  | ADEKA Corp. | 71300 | 1285320 |
|  # | Ad-sol Nissin Corp. | 10200 | 72130 |
|  # | Advan Group Co. Ltd. | 13700 | 77993 |
|  | Advantest Corp. | 27500 | 1150488 |
|  | Aeon Co. Ltd. | 140719 | 4161226 |
|  | Aeon Fantasy Co. Ltd. | 5700 | 93935 |
|  | AEON Financial Service Co. Ltd. | 56686 | 469073 |
|  # | Aeon Hokkaido Corp. | 20200 | 123677 |
|  | Aeon Kyushu Co. Ltd. | 2200 | 39081 |
|  | Aeon Mall Co. Ltd. | 10300 | 197632 |
|  | AFC-HD AMS Life Science Co. Ltd. | 10300 | 61531 |
|  | AGC, Inc. | 61500 | 1920146 |
|  | Ahresty Corp. | 32200 | 147621 |
|  | Ai Holdings Corp. | 1500 | 22197 |
|  | Aica Kogyo Co. Ltd. | 17300 | 401088 |
|  | Aichi Corp. | 23700 | 213289 |
|  | Aichi Financial Group, Inc. | 9639 | 184686 |
|  | Aichi Steel Corp. | 14900 | 878215 |
|  | Aichi Tokei Denki Co. Ltd. | 7400 | 101871 |
|  | Aida Engineering Ltd. | 27578 | 171138 |
|  # | Aidma Holdings, Inc. | 2900 | 35904 |
|  | Aiful Corp. | 232800 | 581608 |
|  # | Ain Holdings, Inc. | 9471 | 365054 |
|  | Aiphone Co. Ltd. | 8300 | 146103 |
|  | Air Water, Inc. | 99200 | 1352731 |
|  # | Airman Corp. | 18500 | 240411 |
|  | Airport Facilities Co. Ltd. | 15000 | 70163 |
|  | Airtech Japan Ltd. | 3500 | 25830 |
|  | Aisan Industry Co. Ltd. | 39500 | 533847 |
|  | Aisin Corp. | 152418 | 1935909 |
|  # | AIT Corp. | 5900 | 72498 |
|  | Aizawa Securities Group Co. Ltd. | 1900 | 17149 |
|  | Ajinomoto Co., Inc. | 94600 | 1934955 |
|  | Akatsuki Corp. | 36900 | 125853 |
|  #\* | Akebono Brake Industry Co. Ltd. | 185740 | 134022 |
|  | Akita Bank Ltd. | 6400 | 109553 |
|  | Albis Co. Ltd. | 5800 | 120806 |
|  | Alconix Corp. | 20500 | 221405 |
|  | Alfresa Holdings Corp. | 35700 | 538932 |
|  # | Alinco, Inc. | 10600 | 74749 |
|  # | Alleanza Holdings Co. Ltd. | 12500 | 90827 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Alpen Co. Ltd. | 8400 | $139990 |
|  # | Alpha Systems, Inc. | 5400 | 123546 |
|  | Alps Alpine Co. Ltd. | 158615 | 1611249 |
|  | Altech Corp. | 10820 | 203240 |
|  | Amada Co. Ltd. | 122700 | 1228598 |
|  | Amano Corp. | 19000 | 553207 |
|  # | Amuse, Inc. | 6000 | 68113 |
|  | Amvis Holdings, Inc. | 12800 | 41216 |
|  | Anabuki Kosan, Inc. | 4600 | 70840 |
|  | Anest Iwata Corp. | 27400 | 214156 |
|  | Anicom Holdings, Inc. | 33600 | 140258 |
|  \* | Anrakutei Co. Ltd. | 300 | 14822 |
|  | Anritsu Corp. | 4700 | 46983 |
|  | AOKI Holdings, Inc. | 29378 | 261776 |
|  | Aoyama Trading Co. Ltd. | 25281 | 363041 |
|  | Aoyama Zaisan Networks Co. Ltd. | 21200 | 286771 |
|  # | Aozora Bank Ltd. | 28816 | 397863 |
|  | Arakawa Chemical Industries Ltd. | 9400 | 69897 |
|  | Arata Corp. | 19766 | 440461 |
|  | Araya Industrial Co. Ltd. | 3200 | 103170 |
|  | ARCLANDS Corp. | 65748 | 799244 |
|  | Arcs Co. Ltd. | 29696 | 597446 |
|  | ARE Holdings, Inc. | 38900 | 483297 |
|  | Arealink Co. Ltd. | 14854 | 228512 |
|  #\* | Arent, Inc. | 1100 | 39299 |
|  | Argo Graphics, Inc. | 12600 | 445474 |
|  | Arisawa Manufacturing Co. Ltd. | 14000 | 127587 |
|  | Art Vivant Co. Ltd. | 1600 | 12281 |
|  | Artience Co. Ltd. | 17400 | 359079 |
|  # | Artnature, Inc. | 9400 | 52639 |
|  | Asahi Co. Ltd. | 14944 | 144606 |
|  | Asahi Diamond Industrial Co. Ltd. | 46443 | 240086 |
|  | Asahi Group Holdings Ltd. | 180000 | 2488012 |
|  | Asahi Intecc Co. Ltd. | 12400 | 190647 |
|  | Asahi Kasei Corp. | 362900 | 2528956 |
|  # | Asahi Kogyosha Co. Ltd. | 15600 | 232959 |
|  | Asahi Net, Inc. | 16100 | 78032 |
|  | Asahi Printing Co. Ltd. | 3400 | 20685 |
|  # | Asahi Yukizai Corp. | 12400 | 325011 |
|  | Asanuma Corp. | 80000 | 420978 |
|  | Ashimori Industry Co. Ltd. | 5900 | 110977 |
|  | Asia Pile Holdings Corp. | 32100 | 202507 |
|  | Asics Corp. | 151000 | 3245601 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | ASKA Pharmaceutical Holdings Co. Ltd. | 19500 | $318075 |
|  # | ASKUL Corp. | 20600 | 219256 |
|  | Astellas Pharma, Inc. | 240046 | 2403855 |
|  | Astena Holdings Co. Ltd. | 36400 | 123220 |
|  # | Aucnet, Inc. | 21600 | 187982 |
|  | Autobacs Seven Co. Ltd. | 23400 | 242833 |
|  | Avant Group Corp. | 11700 | 145879 |
|  | Avex, Inc. | 13400 | 123641 |
|  | Awa Bank Ltd. | 32497 | 624775 |
|  | Axell Corp. | 2500 | 18429 |
|  | Axial Retailing, Inc. | 78144 | 594446 |
|  | Azbil Corp. AZ-COM MARUWA | 52300 | 450370 |
|  | Holdings, Inc. | 22101 | 204449 |
|  | AZOOM Co. Ltd. | 800 | 43763 |
|  | Bandai Namco Holdings, Inc. | 36600 | 1271942 |
|  | Bando Chemical Industries Ltd. | 27700 | 289536 |
|  #\* | Bank of Innovation, Inc. | 600 | 43781 |
|  | Bank of Iwate Ltd. | 4000 | 81720 |
|  | Bank of Nagoya Ltd. | 7801 | 410726 |
|  | Bank of Saga Ltd. | 5571 | 85191 |
|  # | Bank of the Ryukyus Ltd. | 37600 | 285379 |
|  | Base Co. Ltd. | 4800 | 104356 |
|  \* | baudroie, Inc. | 1300 | 51609 |
|  | BayCurrent, Inc. | 39200 | 2112236 |
|  # | Beauty Garage, Inc. | 4600 | 48120 |
|  # | Beenos, Inc. | 5000 | 139868 |
|  | Belc Co. Ltd. | 7400 | 365945 |
|  | Bell System24 Holdings, Inc. | 36200 | 299578 |
|  | Belluna Co. Ltd. | 34579 | 237002 |
|  # | Bewith, Inc. | 3300 | 38843 |
|  | Bic Camera, Inc. | 1200 | 12868 |
|  | BIPROGY, Inc. | 20000 | 653163 |
|  | B-Lot Co. Ltd. | 8200 | 75765 |
|  | BML, Inc. | 8492 | 177129 |
|  # | Bookoff Group Holdings Ltd. | 9200 | 96862 |
|  | Bourbon Corp. | 5800 | 108767 |
|  | B-R31 Ice Cream Co. Ltd. | 900 | 25683 |
|  # | BrainPad, Inc. | 9600 | 71278 |
|  | Bridgestone Corp. | 48700 | 2036398 |
|  | Broadmedia Corp. | 6240 | 74481 |
|  | Brother Industries Ltd. | 121500 | 2135189 |
|  | Buffalo, Inc. | 5900 | 85388 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Bull-Dog Sauce Co. Ltd. | 1300 | $15859 |
|  | Bunka Shutter Co. Ltd. | 59800 | 856112 |
|  | Business Brain Showa-Ota, Inc. | 4900 | 92670 |
|  # | Business Engineering Corp. | 2400 | 63961 |
|  | C Uyemura & Co. Ltd. | 3400 | 220034 |
|  | CAC Holdings Corp. | 4200 | 60873 |
|  | Calbee, Inc. | 20300 | 408330 |
|  | Canon Electronics, Inc. | 13300 | 216756 |
|  | Canon Marketing Japan, Inc. | 16400 | 580558 |
|  | Canon, Inc. (CAJ US), Sponsored ADR | 19564 | 601006 |
|  | Capcom Co. Ltd. | 40800 | 1181181 |
|  | Career Design Center Co. Ltd. | 1300 | 16305 |
|  # | Careerlink Co. Ltd. | 4300 | 64547 |
|  # | Carenet, Inc. | 5500 | 28338 |
|  # | Carlit Co. Ltd. | 14100 | 105896 |
|  | Casio Computer Co. Ltd. | 7600 | 59436 |
|  | Cawachi Ltd. | 9500 | 186076 |
|  # | CDS Co. Ltd. | 2600 | 33438 |
|  | Celsys, Inc. | 16443 | 149450 |
|  | Central Automotive Products Ltd. | 31800 | 376717 |
|  | Central Glass Co. Ltd. | 34000 | 711351 |
|  | Central Security Patrols Co. Ltd. | 7500 | 141559 |
|  # | Central Sports Co. Ltd. | 3000 | 50419 |
|  # | Change Holdings, Inc. | 22800 | 216481 |
|  | Charm Care Corp. KK | 14100 | 124483 |
|  | Chiba Bank Ltd. | 90500 | 804679 |
|  | Chiba Kogyo Bank Ltd. | 35000 | 304118 |
|  # | Chikaranomoto Holdings Co. Ltd. | 6800 | 61238 |
|  | Chino Corp. | 5900 | 79264 |
|  | Chiyoda Co. Ltd. | 16282 | 139361 |
|  | Chiyoda Integre Co. Ltd. | 7600 | 144224 |
|  | Chofu Seisakusho Co. Ltd. | 11355 | 143227 |
|  | Chori Co. Ltd. | 9300 | 235920 |
|  # | Choushimaru Co. Ltd. | 1400 | 14955 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Chubu Shiryo Co. Ltd. | 16800 | $168183 |
|  # | Chubu Steel Plate Co. Ltd. | 13200 | 197169 |
|  | Chudenko Corp. | 14800 | 363932 |
|  | Chuetsu Pulp & Paper Co. Ltd. | 14389 | 153159 |
|  | Chugai Pharmaceutical Co. Ltd. | 68900 | 3969295 |
|  # | Chugai Ro Co. Ltd. | 4000 | 106257 |
|  | Chugin Financial Group, Inc. | 69500 | 780771 |
|  | Chugoku Marine Paints Ltd. | 39000 | 566465 |
|  # | Chuo Spring Co. Ltd. | 11000 | 113219 |
|  # | Chuo Warehouse Co. Ltd. | 6000 | 60786 |
|  | Citizen Watch Co. Ltd. | 158100 | 914537 |
|  | CKD Corp. | 25900 | 377523 |
|  | CK-San-Etsu Co. Ltd. | 4600 | 118943 |
|  | Cleanup Corp. | 8300 | 37536 |
|  | CMK Corp. | 39600 | 109560 |
|  | Coca-Cola Bottlers Japan Holdings, Inc. | 27685 | 520113 |
|  | COLOPL, Inc. | 9700 | 32180 |
|  | Colowide Co. Ltd. | 29800 | 375360 |
|  | Computer Engineering & Consulting Ltd. | 1100 | 16385 |
|  | Computer Institute of Japan Ltd. | 12520 | 40865 |
|  | COMSYS Holdings Corp. | 28459 | 630767 |
|  | Comture Corp. | 10500 | 122689 |
|  | Concordia Financial Group Ltd. | 231738 | 1498871 |
|  | Copro-Holdings Co. Ltd. | 2800 | 32804 |
|  # | Core Corp. | 900 | 11139 |
|  # | Corona Corp. | 10600 | 68256 |
|  # | Cosel Co. Ltd. | 19363 | 145894 |
|  | Cosmo Energy Holdings Co. Ltd. | 76100 | 3123299 |
|  | Cosmos Initia Co. Ltd. | 9500 | 81223 |
|  | Cosmos Pharmaceutical Corp. | 13400 | 862150 |
|  # | Cota Co. Ltd. | 989 | 9891 |
|  #\* | Cover Corp. | 13700 | 210050 |
|  | Create Restaurants Holdings, Inc. | 59800 | 582963 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Create SD Holdings Co. Ltd. | 10200 | $217326 |
|  | Credit Saison Co. Ltd. | 113500 | 2650557 |
|  | Creek & River Co. Ltd. | 7800 | 84527 |
|  | Cresco Ltd. | 19800 | 166396 |
|  # | Cross Cat Co. Ltd. | 1900 | 13947 |
|  | CrowdWorks, Inc. | 6400 | 50617 |
|  | CTI Engineering Co. Ltd. | 26000 | 433787 |
|  | CTS Co. Ltd. | 17700 | 99282 |
|  \* | CUC, Inc. | 4100 | 32237 |
|  | Curves Holdings Co. Ltd. | 31800 | 154052 |
|  #\* | Cyber Security Cloud, Inc. | 3500 | 41956 |
|  | CyberAgent, Inc. | 25370 | 217168 |
|  #\* | CYBERDYNE, Inc. | 35600 | 43387 |
|  | Cybozu, Inc. | 13800 | 286230 |
|  | Dai Nippon Printing Co. Ltd. | 18000 | 250897 |
|  | Dai Nippon Toryo Co. Ltd. | 16150 | 143635 |
|  | Daicel Corp. | 163800 | 1394292 |
|  # | Daido Metal Co. Ltd. | 45906 | 159232 |
|  | Daido Steel Co. Ltd. | 124500 | 938098 |
|  | Daifuku Co. Ltd. | 32000 | 846543 |
|  # | Daihatsu Diesel Manufacturing Co. Ltd. | 29100 | 367188 |
|  # | Daiho Corp. | 36500 | 204740 |
|  | Dai-Ichi Cutter Kogyo KK | 5900 | 57294 |
|  | Daiichi Jitsugyo Co. Ltd. | 19700 | 315261 |
|  | Daiichi Kensetsu Corp. | 1000 | 18182 |
|  | Daiichi Kigenso Kagaku-Kogyo Co. Ltd. | 15030 | 70665 |
|  | Dai-ichi Life Holdings, Inc. | 348700 | 2517770 |
|  | Daiichikosho Co. Ltd. | 38300 | 447915 |
|  | Daiken Medical Co. Ltd. | 14800 | 49372 |
|  | Daiki Aluminium Industry Co. Ltd. | 25600 | 168095 |
|  | Daikin Industries Ltd. | 12100 | 1378471 |
|  # | Daikoku Denki Co. Ltd. | 7900 | 142792 |
|  | Daikokutenbussan Co. Ltd. | 3600 | 191083 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Daikyonishikawa Corp. | 50016 | $199604 |
|  | Dainichiseika Color & Chemicals Manufacturing Co. Ltd. | 6409 | 135773 |
|  | Daio Paper Corp. | 55100 | 351538 |
|  | Daiseki Co. Ltd. | 17900 | 456196 |
|  | Daishi Hokuetsu Financial Group, Inc. | 49400 | 1081563 |
|  | Daishinku Corp. | 26100 | 95331 |
|  | Daisue Construction Co. Ltd. | 5500 | 78903 |
|  | Daito Pharmaceutical Co. Ltd. | 12879 | 187740 |
|  | Daito Trust Construction Co. Ltd. | 16900 | 1881596 |
|  | Daitron Co. Ltd. | 10400 | 232676 |
|  | Daiwa House Industry Co. Ltd. | 202600 | 7330660 |
|  | Daiwa Industries Ltd. | 30600 | 350511 |
|  | Daiwa Securities Group, Inc. | 136500 | 897614 |
|  | Daiwabo Holdings Co. Ltd. | 64800 | 1097260 |
|  | DCM Holdings Co. Ltd. | 95290 | 906072 |
|  #\* | DD GROUP Co. Ltd. | 7300 | 63107 |
|  | Dear Life Co. Ltd. | 24400 | 190493 |
|  #\* | DeNA Co. Ltd. | 19300 | 521788 |
|  | Denka Co. Ltd. | 33200 | 453078 |
|  | Densan System Holdings Co. Ltd. | 7800 | 136400 |
|  | Denso Corp. | 77400 | 999383 |
|  | Dentsu Group, Inc. | 3800 | 79671 |
|  | Dentsu Soken, Inc. | 8300 | 363474 |
|  | Denyo Co. Ltd. | 11700 | 192736 |
|  | Dexerials Corp. | 93000 | 1092663 |
|  | DIC Corp. | 52669 | 1027830 |
|  # | Digital Arts, Inc. | 7300 | 361301 |
|  | Digital Hearts Holdings Co. Ltd. | 3900 | 27069 |
|  # | Digital Holdings, Inc. | 7500 | 72622 |
|  | Digital Information Technologies Corp. | 6700 | 114579 |
|  | Dip Corp. | 13900 | 201974 |
|  | Disco Corp. | 3200 | 619134 |
|  | DKK Co. Ltd. | 5800 | 76802 |
|  | DKS Co. Ltd. | 7153 | 131897 |
|  | DMG Mori Co. Ltd. | 70500 | 1225410 |
|  | Doshisha Co. Ltd. | 19900 | 311883 |
|  | Double Standard, Inc. | 3900 | 40624 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Doutor Nichires Holdings Co. Ltd. | 19500 | $365245 |
|  | Dowa Holdings Co. Ltd. | 41400 | 1328302 |
|  | DTS Corp. | 20600 | 585902 |
|  | Duskin Co. Ltd. | 13087 | 344001 |
|  | DyDo Group Holdings, Inc. | 15600 | 318784 |
|  | Eagle Industry Co. Ltd. | 21001 | 270629 |
|  # | EAT&HOLDINGS Co. Ltd. | 5700 | 82747 |
|  | Ebara Corp. | 133000 | 1997897 |
|  | Ebara Foods Industry, Inc. | 5100 | 95221 |
|  | Ebara Jitsugyo Co. Ltd. | 9200 | 230558 |
|  | Eco's Co. Ltd. | 9700 | 165945 |
|  | EDION Corp. | 31000 | 413693 |
|  | eGuarantee, Inc. | 11401 | 141420 |
|  # | Ehime Bank Ltd. | 26429 | 192845 |
|  | Eizo Corp. | 22200 | 317632 |
|  | EJ Holdings, Inc. | 11100 | 125294 |
|  | Elan Corp. | 5401 | 27236 |
|  | Elecom Co. Ltd. | 10600 | 124374 |
|  # | EM Systems Co. Ltd. | 15300 | 80676 |
|  | en Japan, Inc. | 17800 | 204387 |
|  | Endo Lighting Corp. | 13000 | 141622 |
|  | ENEOS Holdings, Inc. | 1384670 | 6666118 |
|  # | Enplas Corp. | 8400 | 237921 |
|  | ERI Holdings Co. Ltd. | 3400 | 51565 |
|  | ES-Con Japan Ltd. | 30100 | 224108 |
|  # | Eslead Corp. | 9900 | 294711 |
|  | ESPEC Corp. | 13900 | 221941 |
|  # | Eternal Hospitality Group Co. Ltd. | 4500 | 88773 |
|  | eWeLL Co. Ltd. | 900 | 14028 |
|  | Exedy Corp. | 26864 | 806696 |
|  | EXEO Group, Inc. | 115708 | 1351139 |
|  | Ezaki Glico Co. Ltd. | 18200 | 600461 |
|  | F&M Co. Ltd. | 3700 | 55351 |
|  | FaithNetwork Co. Ltd. | 900 | 12334 |
|  | FALCO HOLDINGS Co. Ltd. | 5000 | 81111 |
|  | Fast Fitness Japan, Inc. | 2500 | 26064 |
|  | Fast Retailing Co. Ltd. | 17800 | 5855217 |
|  | FCC Co. Ltd. | 33055 | 678232 |
|  | Feed One Co. Ltd. | 32348 | 205404 |
|  | Ferrotec Holdings Corp. | 45700 | 788982 |
|  # | FFRI Security, Inc. | 2500 | 59538 |
|  # | Fibergate, Inc. | 5700 | 39500 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | FIDEA Holdings Co. Ltd. | 11420 | $119896 |
|  | Financial Partners Group Co. Ltd. | 27500 | 433981 |
|  | FINDEX, Inc. | 9100 | 44775 |
|  # | Fintech Global, Inc. | 118000 | 91831 |
|  | First Bank of Toyama Ltd. | 39200 | 302099 |
|  # | Fixstars Corp. | 13800 | 169538 |
|  # | FJ Next Holdings Co. Ltd. | 18500 | 156835 |
|  # | Focus Systems Corp. | 5600 | 43564 |
|  | Food & Life Cos. Ltd. | 43800 | 1620828 |
|  # | Forum Engineering, Inc. | 14200 | 103988 |
|  | Foster Electric Co. Ltd. | 18240 | 155284 |
|  | FP Corp. | 24703 | 532699 |
|  # | FP Partner, Inc. | 5300 | 90897 |
|  # | France Bed Holdings Co. Ltd. | 24800 | 221456 |
|  # | Freebit Co. Ltd. | 10200 | 108593 |
|  | FTGroup Co. Ltd. | 6300 | 48230 |
|  | Fudo Tetra Corp. | 11376 | 185936 |
|  | Fuji Co. Ltd. | 28200 | 411991 |
|  | Fuji Corp. (6134 JP) | 32100 | 477360 |
|  | Fuji Corp. (7605 JP) | 10400 | 140490 |
|  | Fuji Corp. Ltd. | 19399 | 95625 |
|  | Fuji Electric Co. Ltd. | 24002 | 1067290 |
|  | Fuji Kosan Co. Ltd. | 4500 | 42097 |
|  | Fuji Media Holdings, Inc. | 12100 | 250559 |
|  | Fuji Nihon Corp. | 3400 | 25689 |
|  | Fuji Oil Co. Ltd. | 87638 | 732737 |
|  | Fuji Pharma Co. Ltd. | 13500 | 129553 |
|  | Fuji Seal International, Inc. | 30172 | 538722 |
|  | Fuji Soft, Inc. | 1800 | 123612 |
|  | Fujibo Holdings, Inc. | 8200 | 285779 |
|  | Fujicco Co. Ltd. | 10785 | 122505 |
|  | FUJIFILM Holdings Corp. | 36000 | 737365 |
|  | Fujikura Composites, Inc. | 18600 | 172901 |
|  # | Fujikura Kasei Co. Ltd. | 18200 | 60716 |
|  | Fujikura Ltd. | 130300 | 4848056 |
|  | Fujimi, Inc. | 3000 | 39268 |
|  # | Fujio Food Group, Inc. | 7700 | 64757 |
|  | Fujishoji Co. Ltd. | 8600 | 65178 |
|  | Fujita Kanko, Inc. | 3600 | 227391 |
|  | Fujitsu Ltd. | 68500 | 1521759 |
|  # | Fujiya Co. Ltd. | 3900 | 64362 |
|  # | FuKoKu Co. Ltd. | 18300 | 206048 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Fukuda Corp. | 3700 | $137813 |
|  | Fukuda Denshi Co. Ltd. | 13000 | 551716 |
|  | Fukui Bank Ltd. | 9600 | 117915 |
|  | Fukui Computer Holdings, Inc. | 10100 | 249627 |
|  | Fukuoka Financial Group, Inc. | 36308 | 959267 |
|  | Fukuyama Transporting Co. Ltd. | 8261 | 204963 |
|  | FULLCAST Holdings Co. Ltd. | 8600 | 96273 |
|  | Fumakilla Ltd. | 1300 | 10080 |
|  | Funai Soken Holdings, Inc. | 19960 | 319097 |
|  \* | Furukawa Battery Co. Ltd. | 3100 | 29905 |
|  | Furukawa Co. Ltd. | 27100 | 400807 |
|  | Furukawa Electric Co. Ltd. | 17600 | 555836 |
|  | Furuno Electric Co. Ltd. | 24800 | 441915 |
|  | Furuya Metal Co. Ltd. | 6599 | 118847 |
|  | Furyu Corp. | 18300 | 119579 |
|  | Fuso Chemical Co. Ltd. | 14800 | 359126 |
|  # | Fuso Pharmaceutical Industries Ltd. | 5600 | 94200 |
|  # | Futaba Corp. | 12000 | 42709 |
|  | Futaba Industrial Co. Ltd. | 82800 | 458215 |
|  | Future Corp. | 26200 | 330360 |
|  | Fuyo General Lease Co. Ltd. | 68400 | 1908667 |
|  | G-7 Holdings, Inc. | 18000 | 179763 |
|  #\* | GA Technologies Co. Ltd. | 6700 | 67296 |
|  | Gakken Holdings Co. Ltd. | 36100 | 254580 |
|  | Gakkyusha Co. Ltd. | 3300 | 50570 |
|  # | Gakujo Co. Ltd. | 7000 | 81644 |
|  | Galilei Co. Ltd. | 14600 | 292980 |
|  # | Gamecard-Joyco Holdings, Inc. | 4300 | 68567 |
|  | Gecoss Corp. | 8859 | 72365 |
|  | Genki Global Dining Concepts Corp. | 9800 | 226114 |
|  | Genky DrugStores Co. Ltd. | 16800 | 430801 |
|  | Geo Holdings Corp. | 47200 | 641883 |
|  # | Gift Holdings, Inc. | 6400 | 162338 |
|  | Global Link Management KK | 1200 | 16220 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | GLOBERIDE, Inc. | 18900 | $247838 |
|  | Glory Ltd. | 21973 | 386894 |
|  | GMO Financial Gate, Inc. | 1800 | 67461 |
|  # | GMO Financial Holdings, Inc. | 43100 | 232020 |
|  | GMO internet group, Inc. | 37700 | 886524 |
|  | GMO Payment Gateway, Inc. | 12500 | 782916 |
|  # | Godo Steel Ltd. | 10300 | 268541 |
|  | Goldcrest Co. Ltd. | 11690 | 268361 |
|  | Goldwin, Inc. | 800 | 45866 |
|  # | Grandy House Corp. | 13500 | 52095 |
|  | GREE Holdings, Inc. | 36800 | 138182 |
|  | Greens Co. Ltd. | 4400 | 71096 |
|  | gremz, Inc. | 5200 | 86068 |
|  | GS Yuasa Corp. | 54700 | 960799 |
|  # | GSI Creos Corp. | 9200 | 124002 |
|  | G-Tekt Corp. | 21132 | 242591 |
|  | Gun-Ei Chemical Industry Co. Ltd. | 4100 | 89902 |
|  | GungHo Online Entertainment, Inc. | 1970 | 41686 |
|  | Gunma Bank Ltd. | 200100 | 1668785 |
|  | Gunze Ltd. | 22408 | 402905 |
|  # | H.U. Group Holdings, Inc. | 18300 | 359073 |
|  | H2O Retailing Corp. | 88499 | 1210471 |
|  | Hachijuni Bank Ltd. | 124250 | 937838 |
|  # | Hagihara Industries, Inc. | 11195 | 113347 |
|  | Hagiwara Electric Holdings Co. Ltd. | 6900 | 149505 |
|  | Hakudo Co. Ltd. | 4700 | 70697 |
|  | Hakuhodo DY Holdings, Inc. | 52600 | 395469 |
|  | Halows Co. Ltd. | 8300 | 252650 |
|  | Hamakyorex Co. Ltd. | 69200 | 646214 |
|  # | Hamee Corp. | 3500 | 29258 |
|  | Hankyu Hanshin Holdings, Inc. | 50452 | 1439001 |
|  | Hanwa Co. Ltd. | 34400 | 1140527 |
|  | Happinet Corp. | 19600 | 735581 |
|  | Hard Off Corp. Co. Ltd. | 8200 | 107743 |
|  | Harima Chemicals Group, Inc. | 12200 | 68383 |
|  | Haseko Corp. | 166400 | 2376627 |
|  # | Hashimoto Sogyo Holdings Co. Ltd. | 5200 | 45216 |
|  | Hazama Ando Corp. | 69550 | 692690 |
|  | Heiwa Corp. | 20700 | 322212 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Heiwa Real Estate Co. Ltd. | 4400 | $144997 |
|  | Heiwado Co. Ltd. | 24167 | 449944 |
|  | Helios Techno Holding Co. Ltd. | 19300 | 121853 |
|  # | Hennge KK | 5800 | 69683 |
|  # | Hibiya Engineering Ltd. | 7600 | 185830 |
|  # | Hiday Hidaka Corp. | 11900 | 259352 |
|  | Hikari Tsushin, Inc. | 600 | 166427 |
|  # | HI-LEX Corp. | 15600 | 158450 |
|  | Himacs Ltd. | 1000 | 8843 |
|  \* | Hino Motors Ltd. | 79700 | 253435 |
|  | Hioki EE Corp. | 7500 | 299046 |
|  | Hirakawa Hewtech Corp. | 7560 | 63413 |
|  # | Hirano Tecseed Co. Ltd. | 6700 | 74504 |
|  # | Hirata Corp. | 13800 | 142386 |
|  | Hirogin Holdings, Inc. | 151500 | 1259262 |
|  | Hirose Electric Co. Ltd. | 1200 | 135736 |
|  \* | Hirose Tusyo, Inc. | 2900 | 84454 |
|  # | HIS Co. Ltd. | 11700 | 139440 |
|  | Hisaka Works Ltd. | 12100 | 86419 |
|  | Hisamitsu Pharmaceutical Co., Inc. | 3900 | 118338 |
|  | Hitachi Construction Machinery Co. Ltd. | 60000 | 1793093 |
|  | Hitachi Ltd. (6501 JP) | 161100 | 3981669 |
|  | Hochiki Corp. | 11400 | 195110 |
|  # | Hodogaya Chemical Co. Ltd. | 10450 | 108979 |
|  # | Hogy Medical Co. Ltd. | 14900 | 426466 |
|  | Hokkaido Coca-Cola Bottling Co. Ltd. | 3700 | 83766 |
|  | Hokkan Holdings Ltd. | 13200 | 168032 |
|  | Hokko Chemical Industry Co. Ltd. | 17500 | 149880 |
|  # | Hokkoku Financial Holdings, Inc. | 11500 | 428564 |
|  # | Hokuetsu Corp. | 61200 | 468386 |
|  | Hokuhoku Financial Group, Inc. | 95437 | 1711590 |
|  | Hokuriku Electric Industry Co. Ltd. | 6200 | 67335 |
|  | Hokuriku Electrical Construction Co. Ltd. | 7199 | 59879 |
|  | Hokuto Corp. | 9300 | 119756 |
|  | Honda Motor Co. Ltd. (7267 JP) | 385305 | 3920378 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Honda Motor Co. Ltd. (HMC US), Sponsored ADR | 16859 | $514368 |
|  # | H-One Co. Ltd. | 16800 | 132590 |
|  | Honeys Holdings Co. Ltd. | 23770 | 269782 |
|  | Hoosiers Holdings Co. Ltd. | 38300 | 318392 |
|  | Horiba Ltd. | 20900 | 1428553 |
|  | Hoshizaki Corp. | 1000 | 42516 |
|  | Hosiden Corp. | 39700 | 533020 |
|  | Hosokawa Micron Corp. | 13300 | 370673 |
|  # | Hotland Holdings Co. Ltd. | 6400 | 97490 |
|  | House Foods Group, Inc. | 8800 | 172546 |
|  # | Howa Machinery Ltd. | 9000 | 70649 |
|  | Hoya Corp. | 35000 | 4118313 |
|  | HS Holdings Co. Ltd. | 13900 | 94507 |
|  | Hulic Co. Ltd. | 58667 | 613475 |
|  | Hyakugo Bank Ltd. | 100467 | 487011 |
|  | Hyakujushi Bank Ltd. | 18801 | 436696 |
|  | Ibiden Co. Ltd. | 25900 | 717979 |
|  # | IBJ, Inc. | 14100 | 64439 |
|  | Ichiken Co. Ltd. | 5200 | 103150 |
|  # | Ichikoh Industries Ltd. | 36800 | 101334 |
|  | Ichinen Holdings Co. Ltd. | 23300 | 276080 |
|  | Ichiyoshi Securities Co. Ltd. | 23600 | 119896 |
|  | Icom, Inc. | 8100 | 153493 |
|  | ID Holdings Corp. | 4200 | 57835 |
|  | Idec Corp. | 27000 | 432570 |
|  | Idemitsu Kosan Co. Ltd. | 564935 | 3500909 |
|  | IDOM, Inc. | 52300 | 402755 |
|  | IHI Corp. | 13400 | 1049651 |
|  | Iida Group Holdings Co. Ltd. | 27765 | 439487 |
|  | Iino Kaiun Kaisha Ltd. | 95700 | 697492 |
|  # | IKK Holdings, Inc. | 8200 | 45426 |
|  | I'll, Inc. | 3700 | 60281 |
|  | Imagica Group, Inc. | 24500 | 97882 |
|  | i-mobile Co. Ltd. | 21100 | 81395 |
|  # | Imuraya Group Co. Ltd. | 7500 | 129473 |
|  | Inaba Denki Sangyo Co. Ltd. | 27300 | 719169 |
|  | Inaba Seisakusho Co. Ltd. | 5600 | 66683 |
|  | Inabata & Co. Ltd. | 45600 | 978467 |
|  # | I-NE Co. Ltd. | 5800 | 66540 |
|  | Ines Corp. | 18500 | 212623 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | I-Net Corp. | 10100 | $136872 |
|  | INFRONEER Holdings, Inc. | 193468 | 1650148 |
|  | Innotech Corp. | 12900 | 108842 |
|  | Inpex Corp. | 493400 | 6172183 |
|  | Insource Co. Ltd. | 30600 | 195937 |
|  | Intage Holdings, Inc. | 4800 | 56447 |
|  | Intelligent Wave, Inc. | 4100 | 30831 |
|  # | Inter Action Corp. | 1600 | 13651 |
|  | Internet Initiative Japan, Inc. | 32900 | 610077 |
|  # | Inui Global Logistics Co. Ltd. | 7500 | 76513 |
|  # | IPS, Inc. | 4000 | 58996 |
|  | Iriso Electronics Co. Ltd. | 15723 | 281509 |
|  | ISB Corp. | 6700 | 63507 |
|  # | Ise Chemicals Corp. | 1600 | 250140 |
|  | Iseki & Co. Ltd. | 10608 | 76638 |
|  | Isetan Mitsukoshi Holdings Ltd. | 35500 | 456334 |
|  # | Ishihara Chemical Co. Ltd. | 3300 | 48214 |
|  | Ishihara Sangyo Kaisha Ltd. | 21500 | 264933 |
|  #\* | Istyle, Inc. | 38700 | 127500 |
|  | Isuzu Motors Ltd. | 315400 | 4241636 |
|  | Itfor, Inc. | 19000 | 196353 |
|  # | ITmedia, Inc. | 9300 | 100824 |
|  # | Ito En Ltd. | 30581 | 731628 |
|  | ITOCHU Corp. | 59400 | 3037890 |
|  | Itochu Enex Co. Ltd. | 66100 | 713406 |
|  | Itochu-Shokuhin Co. Ltd. | 4200 | 283839 |
|  | Itoham Yonekyu Holdings, Inc. | 14085 | 441429 |
|  | Itoki Corp. | 29353 | 369137 |
|  | IwaiCosmo Holdings, Inc. | 15200 | 222707 |
|  # | Iwaki Co. Ltd. | 9600 | 163046 |
|  | Iwatani Corp. | 114000 | 1091537 |
|  | Iwatsuka Confectionery Co. Ltd. | 2800 | 65869 |
|  | Iyogin Holdings, Inc. | 73982 | 858133 |
|  | Izumi Co. Ltd. | 21800 | 501900 |
|  | J Front Retailing Co. Ltd. | 92969 | 1137954 |
|  | J Trust Co. Ltd. | 43500 | 119303 |
|  | JAC Recruitment Co. Ltd. | 48800 | 283707 |
|  | Jaccs Co. Ltd. | 23600 | 625048 |
|  \* | Jade Group, Inc. | 6300 | 54116 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | JAFCO Group Co. Ltd. | 39400 | $663458 |
|  # | JANOME Corp. | 8800 | 69543 |
|  | Japan Airlines Co. Ltd. | 48400 | 876882 |
|  | Japan Airport Terminal Co. Ltd. | 21500 | 618403 |
|  | Japan Aviation Electronics Industry Ltd. | 43800 | 701635 |
|  | Japan Business Systems, Inc. | 8100 | 58882 |
|  # | Japan Cash Machine Co. Ltd. | 13800 | 99044 |
|  \* | Japan Communications, Inc. | 94700 | 106345 |
|  | Japan Elevator Service Holdings Co. Ltd. | 28600 | 618308 |
|  # | Japan Engine Corp. | 1800 | 42409 |
|  | Japan Exchange Group, Inc. | 229800 | 2556700 |
|  # | Japan Hospice Holdings, Inc. | 4800 | 49995 |
|  # | Japan Investment Adviser Co. Ltd. | 1100 | 12600 |
|  | Japan Lifeline Co. Ltd. | 40500 | 433634 |
|  | Japan Material Co. Ltd. | 9700 | 81317 |
|  | Japan Medical Dynamic Marketing, Inc. | 14300 | 55939 |
|  | Japan Post Holdings Co. Ltd. | 62000 | 602656 |
|  | Japan Post Insurance Co. Ltd. | 18100 | 363867 |
|  | Japan Property Management Center Co. Ltd. | 7400 | 60637 |
|  | Japan Pulp & Paper Co. Ltd. | 97600 | 419675 |
|  | Japan Securities Finance Co. Ltd. | 47900 | 573159 |
|  | Japan Steel Works Ltd. | 5400 | 222508 |
|  | Japan System Techniques Co. Ltd. | 6800 | 89316 |
|  | Japan Tobacco, Inc. | 56200 | 1731412 |
|  | Japan Transcity Corp. | 33400 | 206042 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Japan Wool Textile Co. Ltd. | 46500 | $481335 |
|  | JBCC Holdings, Inc. | 60400 | 506695 |
|  | JCU Corp. | 16700 | 368786 |
|  | JDC Corp. | 33800 | 113847 |
|  | Jeol Ltd. | 23200 | 746141 |
|  | JFE Holdings, Inc. | 175460 | 2043410 |
|  | JFE Systems, Inc. | 5000 | 55533 |
|  | JGC Holdings Corp. | 83000 | 663826 |
|  # | Jichodo Co. Ltd. | 700 | 47405 |
|  | JINS Holdings, Inc. | 5300 | 332381 |
|  | JINUSHI Co. Ltd. | 10000 | 144181 |
|  # | JK Holdings Co. Ltd. | 14300 | 102003 |
|  | J-Lease Co. Ltd. | 4200 | 40282 |
|  | JM Holdings Co. Ltd. | 11600 | 200191 |
|  # | JMS Co. Ltd. | 20300 | 65081 |
|  | J-Oil Mills, Inc. | 11582 | 166298 |
|  | Joshin Denki Co. Ltd. | 15901 | 247945 |
|  | JP-Holdings, Inc. | 44900 | 199362 |
|  | JSP Corp. | 12401 | 170976 |
|  | JTEKT Corp. | 97400 | 752226 |
|  \* | Juki Corp. | 9200 | 25652 |
|  | Juroku Financial Group, Inc. | 12800 | 432986 |
|  | Justsystems Corp. | 13000 | 311126 |
|  | JVCKenwood Corp. | 146001 | 1089616 |
|  # | K&O Energy Group, Inc. | 11358 | 219872 |
|  | Kadokawa Corp. | 3153 | 84788 |
|  | Kadoya Sesame Mills, Inc. | 1700 | 43228 |
|  | Kaga Electronics Co. Ltd. | 37400 | 669866 |
|  | Kagome Co. Ltd. | 25200 | 518680 |
|  | Kajima Corp. | 22922 | 547311 |
|  | Kakaku.com, Inc. | 37800 | 668526 |
|  | Kaken Pharmaceutical Co. Ltd. | 1800 | 51249 |
|  # | Kakiyasu Honten Co. Ltd. | 5800 | 110307 |
|  # | Kamakura Shinsho Ltd. | 6500 | 21489 |
|  | Kameda Seika Co. Ltd. | 1800 | 49911 |
|  | Kamei Corp. | 19600 | 263608 |
|  | Kamigumi Co. Ltd. | 46500 | 1138298 |
|  | Kanaden Corp. | 14900 | 152599 |
|  | Kanadevia Corp. | 190240 | 1220191 |
|  | Kanagawa Chuo Kotsu Co. Ltd. | 5700 | 147345 |
|  | Kanamic Network Co. Ltd. | 11800 | 34541 |
|  # | Kanamoto Co. Ltd. | 32275 | 723672 |
|  | Kandenko Co. Ltd. | 75400 | 1494622 |
|  | Kaneka Corp. | 33100 | 808938 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Kaneko Seeds Co. Ltd. | 9600 | $96382 |
|  | Kanematsu Corp. | 80300 | 1394533 |
|  | Kanemi Co. Ltd. | 1400 | 31662 |
|  # | Kanro, Inc. | 4000 | 115627 |
|  # | Kansai Paint Co. Ltd. | 27500 | 414516 |
|  # | Kanto Denka Kogyo Co. Ltd. | 36605 | 222041 |
|  | Kao Corp. | 21800 | 933509 |
|  # | Kappa Create Co. Ltd. | 8300 | 85655 |
|  | Katakura Industries Co. Ltd. | 22400 | 338634 |
|  | Katitas Co. Ltd. | 21523 | 311848 |
|  | Kato Sangyo Co. Ltd. | 19100 | 668217 |
|  | Kato Works Co. Ltd. | 8400 | 70222 |
|  | Kawada Technologies, Inc. | 11400 | 258675 |
|  | Kawai Musical Instruments Manufacturing Co. Ltd. | 5892 | 112707 |
|  | Kawasaki Heavy Industries Ltd. | 11200 | 668099 |
|  # | Kawasaki Kisen Kaisha Ltd. | 45291 | 621135 |
|  | KDDI Corp. | 448600 | 7950810 |
|  # | KeePer Technical Laboratory Co. Ltd. | 8300 | 241067 |
|  | Keihan Holdings Co. Ltd. | 16300 | 399217 |
|  | KEIWA, Inc. | 16000 | 103153 |
|  | Keiyo Bank Ltd. | 98900 | 576380 |
|  | Kenko Mayonnaise Co. Ltd. | 8996 | 120587 |
|  | Kewpie Corp. | 22377 | 508972 |
|  | KH Neochem Co. Ltd. | 28900 | 512185 |
|  | Kibun Foods, Inc. | 12000 | 91625 |
|  | Kikkoman Corp. | 53300 | 521763 |
|  # | Kimura Chemical Plants Co. Ltd. | 18500 | 89421 |
|  # | Kimura Unity Co. Ltd. | 11200 | 60798 |
|  | Kinden Corp. | 19400 | 502154 |
|  # | King Jim Co. Ltd. | 3300 | 20136 |
|  | Kintetsu Department Store Co. Ltd. | 6000 | 83864 |
|  | Kirin Holdings Co. Ltd. | 40580 | 613841 |
|  | Kissei Pharmaceutical Co. Ltd. | 17800 | 467144 |
|  # | Ki-Star Real Estate Co. Ltd. | 11300 | 392279 |
|  | Kitagawa Corp. | 8100 | 70411 |
|  # | Kita-Nippon Bank Ltd. | 6400 | 137082 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Kitano Construction Corp. | 3200 | $96195 |
|  | Kitz Corp. | 126100 | 961716 |
|  | Kiyo Bank Ltd. | 64133 | 1090040 |
|  \* | KNT-CT Holdings Co. Ltd. | 10052 | 82885 |
|  # | Koa Corp. | 21400 | 123803 |
|  | Koa Shoji Holdings Co. Ltd. | 7200 | 34103 |
|  # | Koatsu Gas Kogyo Co. Ltd. | 18800 | 124655 |
|  | Kobayashi Pharmaceutical Co. Ltd. | 1400 | 53410 |
|  | Kobe Bussan Co. Ltd. | 35400 | 1081828 |
|  | Kobe Steel Ltd. | 272680 | 3197959 |
|  | Koei Tecmo Holdings Co. Ltd. | 19800 | 339676 |
|  | Kohnan Shoji Co. Ltd. | 31900 | 840527 |
|  | Kohsoku Corp. | 9200 | 136593 |
|  | Koito Manufacturing Co. Ltd. | 19900 | 241040 |
|  # | Kojima Co. Ltd. | 1300 | 9623 |
|  | Kokuyo Co. Ltd. | 5900 | 120905 |
|  | Komatsu Ltd. | 57900 | 1674443 |
|  # | Komatsu Matere Co. Ltd. | 21700 | 117124 |
|  | Komatsu Wall Industry Co. Ltd. | 14700 | 182737 |
|  | KOMEDA Holdings Co. Ltd. | 30500 | 616524 |
|  # | Komehyo Holdings Co. Ltd. | 7000 | 140808 |
|  | Komeri Co. Ltd. | 28727 | 612165 |
|  | Komori Corp. | 21311 | 189792 |
|  | Konami Group Corp. | 9800 | 1399596 |
|  # | Kondotec, Inc. | 16300 | 163561 |
|  \* | Konica Minolta, Inc. | 197500 | 606188 |
|  | Konishi Co. Ltd. | 51400 | 403807 |
|  | Konoike Transport Co. Ltd. | 24700 | 453484 |
|  # | Konoshima Chemical Co. Ltd. | 5200 | 47000 |
|  | Kose Corp. | 600 | 25879 |
|  | Koshidaka Holdings Co. Ltd. | 29600 | 210736 |
|  # | Kotobuki Spirits Co. Ltd. | 45400 | 675750 |
|  \* | Kourakuen Corp. | 3300 | 24094 |
|  | Kozo Keikaku Engineering Holdings, Inc. | 6400 | 115164 |
|  | KPP Group Holdings Co. Ltd. | 67200 | 307279 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Krosaki Harima Corp. | 34700 | $609124 |
|  | KRS Corp. | 10500 | 134781 |
|  | K's Holdings Corp. | 92020 | 881278 |
|  | KU Holdings Co. Ltd. | 17700 | 134317 |
|  | Kubota Corp. (6326 JP) | 131800 | 1531567 |
|  | Kumagai Gumi Co. Ltd. | 15632 | 465839 |
|  # | Kumiai Chemical Industry Co. Ltd. | 41074 | 219311 |
|  # | Kura Sushi, Inc. | 9100 | 202987 |
|  # | Kurabo Industries Ltd. | 11400 | 499433 |
|  | Kuraray Co. Ltd. | 203600 | 2378351 |
|  # | Kureha Corp. | 18900 | 330813 |
|  | Kurimoto Ltd. | 8300 | 274815 |
|  | Kurita Water Industries Ltd. | 17400 | 576073 |
|  | Kuriyama Holdings Corp. | 9500 | 87392 |
|  | Kushikatsu Tanaka Holdings Co. | 3400 | 32981 |
|  # | Kusuri No. Aoki Holdings Co. Ltd. | 24900 | 593016 |
|  | KYB Corp. | 30200 | 617348 |
|  | Kyocera Corp. | 140840 | 1669197 |
|  | Kyodo Printing Co. Ltd. | 12400 | 92361 |
|  | Kyoei Steel Ltd. | 21200 | 298821 |
|  # | Kyokuto Boeki Kaisha Ltd. | 9200 | 100271 |
|  | Kyokuto Kaihatsu Kogyo Co. Ltd. | 25300 | 424983 |
|  # | Kyokuto Securities Co. Ltd. | 13401 | 129960 |
|  | Kyokuyo Co. Ltd. | 13800 | 406946 |
|  | Kyorin Pharmaceutical Co. Ltd. | 17200 | 177837 |
|  # | Kyoritsu Maintenance Co. Ltd. | 29400 | 623984 |
|  | Kyosan Electric Manufacturing Co. Ltd. | 35700 | 119739 |
|  | Kyoto Financial Group, Inc. | 41100 | 705461 |
|  | Kyowa Kirin Co. Ltd. | 15500 | 242026 |
|  | Kyowa Leather Cloth Co. Ltd. | 5100 | 24382 |
|  | Kyudenko Corp. | 24000 | 806137 |
|  | Kyushu Financial Group, Inc. | 161580 | 815653 |
|  | Kyushu Leasing Service Co. Ltd. | 1900 | 13935 |
|  | LA Holdings Co. Ltd. | 2600 | 125630 |
|  # | Lacto Japan Co. Ltd. | 8000 | 197138 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Lasertec Corp. | 3600 | $334693 |
|  # | LEC, Inc. | 20400 | 179371 |
|  | Leopalace21 Corp. | 105700 | 433026 |
|  | Life Corp. | 33600 | 486707 |
|  | Lifedrink Co., Inc. | 23600 | 280869 |
|  | LIFULL Co. Ltd. | 31000 | 32899 |
|  # | LIKE, Inc. | 8500 | 89356 |
|  | Link & Motivation, Inc. | 20000 | 80247 |
|  | Lintec Corp. | 13500 | 258238 |
|  | Lion Corp. | 23900 | 292941 |
|  # | LITALICO, Inc. | 11200 | 97833 |
|  | Lixil Corp. | 110300 | 1299732 |
|  | Look Holdings, Inc. | 5800 | 99165 |
|  | LY Corp. | 130800 | 494688 |
|  \* | M3, Inc. | 31200 | 391017 |
|  | Mabuchi Motor Co. Ltd. | 41600 | 607742 |
|  | Macnica Holdings, Inc. | 79950 | 1111583 |
|  | Maeda Kosen Co. Ltd. | 25800 | 367809 |
|  | Maezawa Industries, Inc. | 16500 | 162360 |
|  | Maezawa Kasei Industries Co. Ltd. | 11300 | 138372 |
|  | Maezawa Kyuso Industries Co. Ltd. | 13500 | 118331 |
|  | Makino Milling Machine Co. Ltd. | 13489 | 1063628 |
|  | Makita Corp. (6586 JP) | 4043 | 118234 |
|  | Makita Corp. (MKTAY US), Sponsored ADR | 2776 | 81781 |
|  # | Mamiya-Op Co. Ltd. | 4600 | 44447 |
|  # | Mammy Mart Corp. | 1200 | 46975 |
|  | Management Solutions Co. Ltd. | 4700 | 63638 |
|  | Mandom Corp. | 19707 | 188005 |
|  | Mani, Inc. | 500 | 4026 |
|  | MarkLines Co. Ltd. | 7000 | 111962 |
|  # | Mars Group Holdings Corp. | 11780 | 245971 |
|  | Marubeni Corp. | 41200 | 730421 |
|  | Marubun Corp. | 17900 | 116134 |
|  # | Maruchiyo Yamaokaya Corp. | 2800 | 87157 |
|  | Marudai Food Co. Ltd. | 11300 | 147135 |
|  | Maruha Nichiro Corp. | 31068 | 709888 |
|  | Marui Group Co. Ltd. | 31300 | 623042 |
|  | Maruichi Steel Tube Ltd. | 25700 | 607134 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | MARUKA FURUSATO Corp. | 9869 | $158433 |
|  | Marumae Co. Ltd. | 3100 | 25463 |
|  # | Marusan Securities Co. Ltd. | 24510 | 147771 |
|  | Maruwa Co. Ltd. | 4300 | 884194 |
|  | Maruzen Co. Ltd. | 5586 | 128683 |
|  | Maruzen Showa Unyu Co. Ltd. | 13300 | 559195 |
|  | Matsuda Sangyo Co. Ltd. | 10500 | 267082 |
|  | Matsui Construction Co. Ltd. | 13500 | 91580 |
|  | Matsui Securities Co. Ltd. | 56700 | 292386 |
|  | MatsukiyoCocokara & Co. | 40780 | 748583 |
|  | Matsuyafoods Holdings Co. Ltd. | 4600 | 191417 |
|  | Max Co. Ltd. | 5200 | 153358 |
|  | Maxell Ltd. | 39000 | 478014 |
|  | Maxvalu Tokai Co. Ltd. | 7400 | 157019 |
|  | Mazda Motor Corp. | 216800 | 1296206 |
|  | McDonald's Holdings Co. Japan Ltd. | 16600 | 701904 |
|  | MCJ Co. Ltd. | 52900 | 494551 |
|  | Mebuki Financial Group, Inc. | 385923 | 1885669 |
|  | MEC Co. Ltd. | 6600 | 109231 |
|  | Media Do Co. Ltd. | 4300 | 52653 |
|  # | Medical System Network Co. Ltd. | 25155 | 82771 |
|  | Medikit Co. Ltd. | 2800 | 48343 |
|  | Medipal Holdings Corp. | 39800 | 674438 |
|  # | Medius Holdings Co. Ltd. | 13100 | 88573 |
|  | Megachips Corp. | 5500 | 178950 |
|  | Megmilk Snow Brand Co. Ltd. | 38757 | 712652 |
|  | Meidensha Corp. | 32100 | 881867 |
|  | Meiji Electric Industries Co. Ltd. | 6100 | 65719 |
|  | MEIJI Holdings Co. Ltd. | 18100 | 445022 |
|  # | Meiji Shipping Group Co. Ltd. | 10600 | 46374 |
|  | Meiko Electronics Co. Ltd. | 21000 | 922476 |
|  | Meisei Industrial Co. Ltd. | 33800 | 331618 |
|  | MEITEC Group Holdings, Inc. | 38700 | 794340 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Meito Sangyo Co. Ltd. | 7200 | $106166 |
|  # | Meiwa Corp. | 19700 | 94178 |
|  # | Meiwa Estate Co. Ltd. | 12900 | 84690 |
|  | Menicon Co. Ltd. | 41700 | 412596 |
|  \* | Mercari, Inc. | 11300 | 183119 |
|  | METAWATER Co. Ltd. | 13400 | 191137 |
|  # | Micronics Japan Co. Ltd. | 12100 | 256356 |
|  # | Midac Holdings Co. Ltd. | 5600 | 89451 |
|  | Mie Kotsu Group Holdings, Inc. | 62435 | 218607 |
|  | Mikuni Corp. | 16700 | 33479 |
|  | Milbon Co. Ltd. | 4204 | 79939 |
|  | MIMAKI ENGINEERING Co. Ltd. | 14700 | 149073 |
|  | Minebea Mitsumi, Inc. | 56439 | 827171 |
|  # | Mirai Industry Co. Ltd. | 6700 | 166617 |
|  | Miraial Co. Ltd. | 5200 | 46772 |
|  | Mirait One Corp. | 39610 | 622908 |
|  | Mirarth Holdings, Inc. | 155200 | 537169 |
|  | Miroku Jyoho Service Co. Ltd. | 8100 | 105153 |
|  | MISUMI Group, Inc. | 11300 | 158305 |
|  | Mitani Corp. | 32000 | 423690 |
|  # | Mitani Sangyo Co. Ltd. | 17700 | 43402 |
|  | Mitani Sekisan Co. Ltd. | 5300 | 251454 |
|  # | Mito Securities Co. Ltd. | 48000 | 179611 |
|  | Mitsuba Corp. | 52259 | 306881 |
|  | Mitsubishi Chemical Group Corp. | 600680 | 2920239 |
|  | Mitsubishi Corp. | 160000 | 3037853 |
|  | Mitsubishi Electric Corp. | 76200 | 1474119 |
|  | Mitsubishi Estate Co. Ltd. | 27800 | 488334 |
|  | Mitsubishi Gas Chemical Co., Inc. | 50891 | 775391 |
|  | Mitsubishi HC Capital, Inc. | 561770 | 3974038 |
|  | Mitsubishi Heavy Industries Ltd. | 32500 | 640667 |
|  | Mitsubishi Kakoki Kaisha Ltd. | 17700 | 157545 |
|  | Mitsubishi Logisnext Co. Ltd. | 40900 | 574516 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Mitsubishi Logistics Corp. | 91495 | $631442 |
|  | Mitsubishi Materials Corp. | 49380 | 778848 |
|  | Mitsubishi Motors Corp. | 318200 | 880909 |
|  # | Mitsubishi Paper Mills Ltd. | 5500 | 29618 |
|  # | Mitsubishi Pencil Co. Ltd. | 8750 | 135791 |
|  | Mitsubishi Research Institute, Inc. | 7800 | 244930 |
|  | Mitsubishi Shokuhin Co. Ltd. | 15600 | 584012 |
|  | Mitsubishi Steel Manufacturing Co. Ltd. | 9900 | 109150 |
|  | Mitsubishi UFJ Financial Group, Inc. (8306 JP) | 468400 | 5901428 |
|  | Mitsuboshi Belting Ltd. | 6900 | 173024 |
|  | Mitsui & Co. Ltd. (8031 JP) | 58400 | 1180913 |
|  | Mitsui Chemicals, Inc. | 92200 | 2026068 |
|  | Mitsui DM Sugar Co. Ltd. | 11999 | 287395 |
|  # | Mitsui E&S Co. Ltd. | 87000 | 1110061 |
|  | Mitsui Fudosan Co. Ltd. | 32400 | 321105 |
|  | Mitsui High-Tec, Inc. | 20000 | 93419 |
|  # | Mitsui Matsushima Holdings Co. Ltd. | 15400 | 453184 |
|  | Mitsui Mining & Smelting Co. Ltd. | 55200 | 1500721 |
|  # | Mitsui OSK Lines Ltd. | 36600 | 1218920 |
|  # | Mitsui-Soko Holdings Co. Ltd. | 84900 | 1749896 |
|  | Mitsuuroko Group Holdings Co. Ltd. | 30400 | 383998 |
|  | Miura Co. Ltd. | 1493 | 31802 |
|  # | Miyaji Engineering Group, Inc. | 23200 | 297369 |
|  | Miyazaki Bank Ltd. | 15300 | 337873 |
|  | Miyoshi Oil & Fat Co. Ltd. | 11155 | 132123 |
|  | Mizuho Financial Group, Inc. (8411 JP) | 168905 | 4223066 |
|  | Mizuho Leasing Co. Ltd. | 129000 | 950472 |
|  | Mizuho Medy Co. Ltd. | 9300 | 98156 |
|  | Mizuno Corp. | 46800 | 835252 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Mochida Pharmaceutical Co. Ltd. | 8994 | $194691 |
|  | Modec, Inc. | 13500 | 409695 |
|  | Monogatari Corp. | 15300 | 398925 |
|  | MonotaRO Co. Ltd. | 37600 | 723156 |
|  | Morinaga & Co. Ltd. | 48600 | 866531 |
|  | Morinaga Milk Industry Co. Ltd. | 63600 | 1511303 |
|  # | Moriroku Co. Ltd. | 12500 | 192861 |
|  | Morita Holdings Corp. | 19400 | 289471 |
|  | Morito Co. Ltd. | 6900 | 68868 |
|  | Morozoff Ltd. | 13800 | 172689 |
|  # | Mory Industries, Inc. | 24000 | 171363 |
|  # | MrMax Holdings Ltd. | 21200 | 100218 |
|  | MS&AD Insurance Group Holdings, Inc. | 118246 | 2687708 |
|  | Mugen Estate Co. Ltd. | 10200 | 158266 |
|  | m-up Holdings, Inc. | 14700 | 194330 |
|  | Murakami Corp. | 4500 | 174726 |
|  | Murata Manufacturing Co. Ltd. | 57900 | 824876 |
|  | Musashi Seimitsu Industry Co. Ltd. | 44200 | 760158 |
|  | Musashino Bank Ltd. | 23200 | 514148 |
|  | Muto Seiko Co. | 4800 | 48431 |
|  | Nachi-Fujikoshi Corp. | 12926 | 276716 |
|  | Nafco Co. Ltd. | 8200 | 104226 |
|  # | Nagano Keiki Co. Ltd. | 13900 | 184155 |
|  | Nagase & Co. Ltd. | 52400 | 922953 |
|  | Nagase Brothers, Inc. | 6100 | 78558 |
|  | Nagawa Co. Ltd. | 400 | 17226 |
|  # | Nakabayashi Co. Ltd. | 16400 | 59354 |
|  | Nakamoto Packs Co. Ltd. | 3100 | 36942 |
|  # | Nakamuraya Co. Ltd. | 4408 | 100454 |
|  | Nakanishi, Inc. | 6000 | 78333 |
|  | Nakayama Steel Works Ltd. | 29300 | 149555 |
|  # | Namura Shipbuilding Co. Ltd. | 34900 | 492494 |
|  | Nanto Bank Ltd. | 16653 | 456098 |
|  | Nanyo Corp. | 11000 | 91128 |
|  | Narasaki Sangyo Co. Ltd. | 2400 | 46596 |
|  # | NCD Co. Ltd./Shinagawa | 2900 | 54751 |
|  | NEC Capital Solutions Ltd. | 15100 | 428378 |
|  | NEC Corp. | 46000 | 1119770 |
|  | Neturen Co. Ltd. | 17300 | 112388 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | New Art Holdings Co. Ltd. | 7369 | $71636 |
|  # | Nextage Co. Ltd. | 37600 | 468638 |
|  | NGK Insulators Ltd. | 118400 | 1461057 |
|  | NH Foods Ltd. | 26100 | 985361 |
|  | NHK Spring Co. Ltd. | 122769 | 1364364 |
|  | Nicca Chemical Co. Ltd. | 6100 | 56507 |
|  | Nichias Corp. | 42039 | 1414271 |
|  # | Nichiban Co. Ltd. | 10100 | 144535 |
|  | Nichicon Corp. | 33300 | 272403 |
|  | Nichiden Corp. | 6000 | 119880 |
|  | Nichiha Corp. | 21900 | 444231 |
|  | Nichimo Co. Ltd. | 4200 | 58284 |
|  | Nichirei Corp. | 76000 | 1042525 |
|  # | Nichireki Group Co. Ltd. | 25300 | 437523 |
|  | Nichirin Co. Ltd. | 12120 | 298176 |
|  | NIDEC Corp (6594 JP) | 38200 | 678864 |
|  | Nifco, Inc. | 26000 | 644692 |
|  | Nihon Chouzai Co. Ltd. | 11581 | 238897 |
|  # | Nihon Dempa Kogyo Co. Ltd. | 28601 | 155974 |
|  | Nihon Dengi Co. Ltd. | 4400 | 121004 |
|  | Nihon Denkei Co. Ltd. | 6600 | 88772 |
|  | Nihon Flush Co. Ltd. | 15100 | 86533 |
|  # | Nihon House Holdings Co. Ltd. | 29926 | 68824 |
|  | Nihon Kagaku Sangyo Co. Ltd. | 10600 | 110599 |
|  | Nihon M&A Center Holdings, Inc. | 128800 | 525341 |
|  | Nihon Nohyaku Co. Ltd. | 24000 | 138781 |
|  | Nihon Parkerizing Co. Ltd. | 33406 | 278278 |
|  | Nihon Tokushu Toryo Co. Ltd. | 11600 | 120979 |
|  # | Nihon Trim Co. Ltd. | 2200 | 63346 |
|  | Nihon Yamamura Glass Co. Ltd. | 3000 | 47134 |
|  | Nikkiso Co. Ltd. | 41734 | 348434 |
|  | Nikko Co. Ltd. | 23800 | 113257 |
|  | Nikkon Holdings Co. Ltd. | 94000 | 1940262 |
|  # | Nikon Corp. | 96000 | 923083 |
|  | Nippi, Inc. | 1599 | 61960 |
|  | Nippn Corp. | 41700 | 657278 |
|  | Nippon Air Conditioning Services Co. Ltd. | 16100 | 114424 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Nippon Aqua Co. Ltd. | 9500 | $49322 |
|  | Nippon Beet Sugar Manufacturing Co. Ltd. | 6300 | 103823 |
|  | Nippon Carbide Industries Co., Inc. | 6900 | 81373 |
|  # | Nippon Carbon Co. Ltd. | 5454 | 159928 |
|  | Nippon Care Supply Co. Ltd. | 100 | 1428 |
|  # | Nippon Chemical Industrial Co. Ltd. | 6100 | 90222 |
|  #\* | Nippon Chemi-Con Corp. | 20618 | 140922 |
|  #\* | Nippon Coke & Engineering Co. Ltd. | 195200 | 117582 |
|  | Nippon Concept Corp. | 6800 | 82519 |
|  | Nippon Concrete Industries Co. Ltd. | 31100 | 72632 |
|  | Nippon Denko Co. Ltd. | 85873 | 161333 |
|  | Nippon Densetsu Kogyo Co. Ltd. | 20000 | 303959 |
|  | Nippon Dry-Chemical Co. Ltd. | 5400 | 158372 |
|  | Nippon Electric Glass Co. Ltd. | 38500 | 880909 |
|  | Nippon Express Holdings, Inc. | 108000 | 1928648 |
|  # | Nippon Fine Chemical Co. Ltd. | 9700 | 145204 |
|  | Nippon Gas Co. Ltd. | 68400 | 1261623 |
|  # | Nippon Hume Corp. | 16100 | 212618 |
|  | Nippon Kayaku Co. Ltd. | 59900 | 564354 |
|  # | Nippon Kodoshi Corp. | 4200 | 52426 |
|  | Nippon Light Metal Holdings Co. Ltd. | 62430 | 650891 |
|  | Nippon Paint Holdings Co. Ltd. | 67500 | 514267 |
|  | Nippon Paper Industries Co. Ltd. | 73119 | 565326 |
|  | Nippon Parking Development Co. Ltd. | 127800 | 213235 |
|  # | Nippon Rietec Co. Ltd. | 11303 | 127953 |
|  | Nippon Road Co. Ltd. | 17300 | 236957 |
|  | Nippon Sanso Holdings Corp. | 44100 | 1411343 |
|  | Nippon Seiki Co. Ltd. | 46100 | 352989 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Nippon Seisen Co. Ltd. | 11000 | $81760 |
|  | Nippon Sharyo Ltd. | 4900 | 69239 |
|  \* | Nippon Sheet Glass Co. Ltd. | 108500 | 311219 |
|  | Nippon Shinyaku Co. Ltd. | 14300 | 368717 |
|  | Nippon Shokubai Co. Ltd. | 42000 | 492203 |
|  | Nippon Signal Co. Ltd. | 28976 | 198775 |
|  | Nippon Soda Co. Ltd. | 32400 | 607893 |
|  | Nippon Steel Corp. | 126750 | 2667805 |
|  | Nippon Thompson Co. Ltd. | 40800 | 139209 |
|  | Nippon Yakin Kogyo Co. Ltd. | 20800 | 590703 |
|  | Nippon Yusen KK | 55663 | 1818672 |
|  | Nipro Corp. | 118300 | 1048339 |
|  # | Nishikawa Rubber Co. Ltd. | 20400 | 352978 |
|  | Nishimatsuya Chain Co. Ltd. | 12800 | 198072 |
|  | Nishi-Nippon Financial Holdings, Inc. | 81600 | 1198691 |
|  | Nishi-Nippon Railroad Co. Ltd. | 6300 | 96854 |
|  | Nishio Holdings Co. Ltd. | 24316 | 699674 |
|  | Nissan Chemical Corp. | 42600 | 1245991 |
|  \* | Nissan Motor Co. Ltd. | 369465 | 879559 |
|  # | Nissan Shatai Co. Ltd. | 34200 | 253032 |
|  | Nissan Tokyo Sales Holdings Co. Ltd. | 44600 | 152449 |
|  | Nissei ASB Machine Co. Ltd. | 6200 | 197478 |
|  | Nissei Plastic Industrial Co. Ltd. | 7900 | 46065 |
|  | Nissha Co. Ltd. | 32400 | 277660 |
|  # | Nisshin Group Holdings Co. Ltd. | 25100 | 89886 |
|  | Nisshin Oillio Group Ltd. | 23200 | 800847 |
|  | Nisshin Seifun Group, Inc. | 21300 | 274806 |
|  | Nisshinbo Holdings, Inc. | 68808 | 411314 |
|  | Nissin Corp. | 12300 | 414543 |
|  | Nissin Foods Holdings Co. Ltd. | 7800 | 171981 |
|  | Nisso Holdings Co. Ltd. | 10600 | 51202 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Nissui Corp. | 226400 | $1377018 |
|  | Niterra Co. Ltd. | 69100 | 2151556 |
|  | Nitori Holdings Co. Ltd. | 1800 | 214173 |
|  | Nitta Corp. | 12904 | 331722 |
|  | Nitta Gelatin, Inc. | 7200 | 41267 |
|  # | Nittetsu Mining Co. Ltd. | 11400 | 495769 |
|  | Nitto Denko Corp. | 132400 | 2327170 |
|  | Nitto Fuji Flour Milling Co. Ltd. | 2600 | 125080 |
|  | Nitto Kogyo Corp. | 19800 | 415660 |
|  # | Nitto Kohki Co. Ltd. | 8000 | 95611 |
|  # | Nitto Seiko Co. Ltd. | 21400 | 88657 |
|  | Nittoc Construction Co. Ltd. | 27600 | 201628 |
|  # | Nittoku Co. Ltd. | 6600 | 93763 |
|  | NJS Co. Ltd. | 1300 | 37657 |
|  | Noevir Holdings Co. Ltd. | 2485 | 71843 |
|  | NOF Corp. | 16000 | 240846 |
|  | Nohmi Bosai Ltd. | 7900 | 183855 |
|  | Nojima Corp. | 62300 | 1120136 |
|  | NOK Corp. | 45500 | 628756 |
|  | Nomura Holdings, Inc. (8604 JP) | 120000 | 668827 |
|  | Nomura Holdings, Inc. (NMR US), Sponsored ADR | 8048 | 44666 |
|  # | Nomura Micro Science Co. Ltd. | 900 | 14757 |
|  | Nomura Real Estate Holdings, Inc. | 157500 | 936722 |
|  | Nomura Research Institute Ltd. | 82500 | 3124063 |
|  | Noritake Co. Ltd. | 18800 | 489971 |
|  | Noritsu Koki Co. Ltd. | 16200 | 511548 |
|  | Noritz Corp. | 17538 | 215653 |
|  | North Pacific Bank Ltd. | 127900 | 447175 |
|  | NPR-RIKEN Corp. | 21624 | 358619 |
|  | NS Solutions Corp. | 10400 | 246738 |
|  # | NS Tool Co. Ltd. | 6600 | 32734 |
|  | NS United Kaiun Kaisha Ltd. | 15100 | 399518 |
|  | NSD Co. Ltd. | 28480 | 670489 |
|  | NSK Ltd. | 82093 | 358590 |
|  | NSW, Inc. | 8700 | 188865 |
|  | NTN Corp. | 335931 | 517373 |
|  | NTT Data Group Corp. | 30400 | 603756 |
|  | Oat Agrio Co. Ltd. | 4300 | 61790 |
|  # | Obara Group, Inc. | 6600 | 153652 |
|  | Obayashi Corp. | 35600 | 552340 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Oenon Holdings, Inc. | 42300 | $137182 |
|  | Ogaki Kyoritsu Bank Ltd. | 24000 | 389490 |
|  | Ohara, Inc. | 4100 | 29681 |
|  | Ohashi Technica, Inc. | 9700 | 133529 |
|  | Ohmoto Gumi Co. Ltd. | 4200 | 38113 |
|  | Ohsho Food Service Corp. | 3000 | 67862 |
|  # | OIE Sangyo Co. Ltd. | 4100 | 56711 |
|  | Oiles Corp. | 19216 | 287505 |
|  | Oita Bank Ltd. | 10200 | 243455 |
|  | Oji Holdings Corp. | 238900 | 1127735 |
|  | Okabe Co. Ltd. | 32741 | 203552 |
|  | Okada Aiyon Corp. | 1400 | 18333 |
|  | Okamoto Industries, Inc. | 6200 | 218577 |
|  | Okamoto Machine Tool Works Ltd. | 5237 | 128261 |
|  | Okamura Corp. | 35100 | 487369 |
|  | Okasan Securities Group, Inc. | 66400 | 296476 |
|  | Oki Electric Industry Co. Ltd. | 133558 | 889532 |
|  | Okinawa Cellular Telephone Co. | 16200 | 480360 |
|  | Okinawa Financial Group, Inc. | 16100 | 279271 |
|  | OKUMA Corp. | 35000 | 786329 |
|  | Okumura Corp. | 18900 | 586217 |
|  | Okura Industrial Co. Ltd. | 7900 | 228644 |
|  | Okuwa Co. Ltd. | 21000 | 134038 |
|  | Olympus Corp. | 167200 | 2190820 |
|  | Omron Corp. | 800 | 23748 |
|  | One Career, Inc. | 3600 | 47450 |
|  | Ono Pharmaceutical Co. Ltd. | 8000 | 92087 |
|  # | Onoken Co. Ltd. | 12500 | 130908 |
|  | Onward Holdings Co. Ltd. | 152000 | 615469 |
|  | Ootoya Holdings Co. Ltd. | 2100 | 76850 |
|  | Open House Group Co. Ltd. | 27500 | 1219402 |
|  | Open Up Group, Inc. | 1700 | 21898 |
|  | Optex Group Co. Ltd. | 24600 | 263220 |
|  #\* | Optim Corp. | 5800 | 26563 |
|  | Optimus Group Co. Ltd. | 8300 | 20044 |
|  | Optorun Co. Ltd. | 3100 | 30814 |
|  | Oracle Corp. Japan | 8400 | 1009860 |
|  | Organo Corp. | 10100 | 483476 |
|  # | Orient Corp. | 22884 | 125627 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Oriental Shiraishi Corp. | 105700 | $278469 |
|  | ORIX Corp. (8591 JP) | 108300 | 2172501 |
|  | Oro Co. Ltd. | 3600 | 60279 |
|  # | Osaka Organic Chemical Industry Ltd. | 4100 | 69105 |
|  # | Osaka Steel Co. Ltd. | 8600 | 144379 |
|  # | OSAKA Titanium Technologies Co. Ltd. | 11899 | 137796 |
|  | Osaki Electric Co. Ltd. | 33900 | 201762 |
|  | OSG Corp. | 45400 | 539664 |
|  | Otsuka Corp. | 22600 | 501247 |
|  | Otsuka Holdings Co. Ltd. | 20400 | 994516 |
|  | OUG Holdings, Inc. | 3000 | 66248 |
|  | Oval Corp. | 8600 | 23954 |
|  | Oyo Corp. | 13600 | 254948 |
|  # | Ozu Corp. | 3900 | 48874 |
|  # | Pacific Industrial Co. Ltd. | 49100 | 431171 |
|  # | Pacific Metals Co. Ltd. | 11455 | 139012 |
|  | Pack Corp. | 10800 | 245472 |
|  | PAL GROUP Holdings Co. Ltd. | 39600 | 1089587 |
|  | PALTAC Corp. | 11650 | 323073 |
|  | Pan Pacific International Holdings Corp. | 88600 | 2727766 |
|  | Panasonic Holdings Corp. | 207181 | 2375530 |
|  | Paraca, Inc. | 3600 | 47279 |
|  | Paramount Bed Holdings Co. Ltd. | 25286 | 407317 |
|  | Park24 Co. Ltd. | 54300 | 769334 |
|  | Parker Corp. | 8500 | 47607 |
|  | Pasona Group, Inc. | 13400 | 207874 |
|  | Pegasus Co. Ltd. | 23800 | 79121 |
|  | Penta-Ocean Construction Co. Ltd. | 188600 | 1081929 |
|  | People Dreams & Technologies Group Co. Ltd. | 5600 | 69551 |
|  \* | PeptiDream, Inc. | 8000 | 108904 |
|  | Persol Holdings Co. Ltd. | 614500 | 1113027 |
|  # | Pharma Foods International Co. Ltd. | 14700 | 94236 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  #\* | PIA Corp. | 2900 | $53625 |
|  # | Pickles Holdings Co. Ltd. | 8605 | 55832 |
|  | Pigeon Corp. | 8400 | 101723 |
|  | PILLAR Corp. | 21300 | 541960 |
|  | Pilot Corp. | 17100 | 477282 |
|  | Piolax, Inc. | 22813 | 349796 |
|  # | Plus Alpha Consulting Co. Ltd. | 15000 | 174540 |
|  | Port, Inc. | 5300 | 69399 |
|  | PR Times Corp. | 2500 | 39819 |
|  | Premium Group Co. Ltd. | 27600 | 412363 |
|  # | Premium Water Holdings, Inc. | 2000 | 40021 |
|  # | Press Kogyo Co. Ltd. | 135000 | 514999 |
|  | Prestige International, Inc. | 63000 | 295825 |
|  | Prima Meat Packers Ltd. | 20900 | 336393 |
|  | Procrea Holdings, Inc. | 33034 | 377810 |
|  | Pronexus, Inc. | 11500 | 98220 |
|  | Pro-Ship, Inc. | 5100 | 75782 |
|  | PS Construction Co. Ltd. | 25700 | 275120 |
|  | QB Net Holdings Co. Ltd. | 22908 | 178102 |
|  | Qol Holdings Co. Ltd. | 27800 | 447034 |
|  | Quick Co. Ltd. | 6500 | 95772 |
|  | Raito Kogyo Co. Ltd. | 26400 | 491026 |
|  | Raiznext Corp. | 22600 | 236103 |
|  | Raksul, Inc. | 32600 | 262962 |
|  | Rakus Co. Ltd. | 26700 | 405701 |
|  \* | Rakuten Bank Ltd. | 8600 | 361696 |
|  \* | Rakuten Group, Inc. | 3300 | 19458 |
|  | Rasa Corp. | 5700 | 56901 |
|  | Rasa Industries Ltd. | 12500 | 240260 |
|  | Recruit Holdings Co. Ltd. | 90500 | 5015080 |
|  | Relo Group, Inc. | 46600 | 615738 |
|  # | Renaissance, Inc. | 7800 | 57588 |
|  | Renesas Electronics Corp. | 145800 | 1711001 |
|  | Rengo Co. Ltd. | 178700 | 997592 |
|  #\* | RENOVA, Inc. | 4559 | 20883 |
|  | Resona Holdings, Inc. | 210889 | 1691711 |
|  | Resonac Holdings Corp. | 85317 | 1551742 |
|  | Resorttrust, Inc. | 55800 | 574266 |
|  | Restar Corp. | 15600 | 244531 |
|  | Retail Partners Co. Ltd. | 20000 | 192268 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Rheon Automatic Machinery Co. Ltd. | 13100 | $106721 |
|  # | Rhythm Co. Ltd. | 4800 | 126708 |
|  | Ricoh Co. Ltd. | 174700 | 1837514 |
|  | Ricoh Leasing Co. Ltd. | 17300 | 666243 |
|  | Ride On Express Holdings Co. Ltd. | 3200 | 22643 |
|  | Riken Keiki Co. Ltd. | 4799 | 89500 |
|  | Riken Technos Corp. | 35100 | 246675 |
|  | Riken Vitamin Co. Ltd. | 17400 | 303552 |
|  | Rinnai Corp. | 20700 | 463648 |
|  | Rion Co. Ltd. | 6500 | 108573 |
|  | Riso Kagaku Corp. | 2716 | 23241 |
|  | Riso Kyoiku Co. Ltd. | 22010 | 37535 |
|  | Rix Corp. | 800 | 16489 |
|  | Rock Field Co. Ltd. | 5500 | 59316 |
|  | Rohm Co. Ltd. | 18800 | 171174 |
|  | Rohto Pharmaceutical Co. Ltd. | 14200 | 237526 |
|  # | Rokko Butter Co. Ltd. | 7341 | 65105 |
|  | Roland Corp. | 9500 | 210893 |
|  | Rorze Corp. | 76000 | 764925 |
|  | Round One Corp. | 111300 | 690879 |
|  | Royal Holdings Co. Ltd. | 18800 | 342522 |
|  | Ryobi Ltd. | 22700 | 330968 |
|  | RYODEN Corp. | 11500 | 194744 |
|  | Ryohin Keikaku Co. Ltd. | 94800 | 3204292 |
|  | Ryoyo Ryosan Holdings, Inc. | 8724 | 146513 |
|  | S Foods, Inc. | 16700 | 315372 |
|  | S&B Foods, Inc. | 11600 | 229732 |
|  # | Sac's Bar Holdings, Inc. | 15476 | 90539 |
|  | Saizeriya Co. Ltd. | 13800 | 444858 |
|  | Sakai Chemical Industry Co. Ltd. | 11500 | 202482 |
|  | Sakai Heavy Industries Ltd. | 6800 | 96624 |
|  | Sakai Moving Service Co. Ltd. | 12800 | 218965 |
|  | Sakata INX Corp. | 37400 | 485412 |
|  | Sakata Seed Corp. | 7500 | 173709 |
|  | Sala Corp. | 50200 | 321528 |
|  # | Samco, Inc. | 1600 | 26810 |
|  | San Holdings, Inc. | 16800 | 141667 |
|  | San ju San Financial Group, Inc. | 6560 | 105493 |
|  | San-A Co. Ltd. | 19000 | 377290 |
|  | San-Ai Obbli Co. Ltd. | 56500 | 663497 |
|  | Sangetsu Corp. | 31100 | 632538 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | San-In Godo Bank Ltd. | 80177 | $712308 |
|  \* | Sanken Electric Co. Ltd. | 11300 | 499074 |
|  | Sanki Engineering Co. Ltd. | 39400 | 1006708 |
|  | Sanko Gosei Ltd. | 39301 | 167990 |
|  | Sanko Metal Industrial Co. Ltd. | 3300 | 136636 |
|  | Sankyo Co. Ltd. | 94500 | 1438342 |
|  | Sankyo Frontier Co. Ltd. | 6400 | 86090 |
|  # | Sankyo Seiko Co. Ltd. | 29700 | 132322 |
|  | Sankyo Tateyama, Inc. | 23400 | 104549 |
|  | Sankyu, Inc. | 33500 | 1466161 |
|  | Sanoh Industrial Co. Ltd. | 38800 | 168035 |
|  | Sanrio Co. Ltd. | 31900 | 1271094 |
|  | Sansei Technologies, Inc. | 8000 | 70817 |
|  # | Sanshin Electronics Co. Ltd. | 9400 | 130159 |
|  | Santec Holdings Corp. | 4100 | 119478 |
|  | Santen Pharmaceutical Co. Ltd. | 35800 | 362596 |
|  | Sanwa Holdings Corp. | 112300 | 3685987 |
|  | Sanyo Chemical Industries Ltd. | 6608 | 166476 |
|  | Sanyo Denki Co. Ltd. | 8000 | 549799 |
|  | Sanyo Shokai Ltd. | 7137 | 137791 |
|  | Sanyo Trading Co. Ltd. | 21700 | 213444 |
|  # | Sapporo Holdings Ltd. | 15700 | 871876 |
|  | Sato Corp. | 32000 | 463079 |
|  # | Sato Foods Co. Ltd. | 800 | 41291 |
|  # | Sato Shoji Corp. | 9500 | 97936 |
|  | Satori Electric Co. Ltd. | 4500 | 52093 |
|  | Sawai Group Holdings Co. Ltd. | 74283 | 1070374 |
|  | SAXA, Inc. | 1900 | 40229 |
|  \* | SBI ARUHI Corp. | 12290 | 67856 |
|  | SBI Holdings, Inc. | 41051 | 1079414 |
|  # | SBI Sumishin Net Bank Ltd. | 16500 | 481475 |
|  | SBS Holdings, Inc. | 17900 | 359297 |
|  | SCREEN Holdings Co. Ltd. | 17800 | 1183647 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Scroll Corp. | 38300 | $275455 |
|  | SCSK Corp. | 38265 | 1000837 |
|  | SEC Carbon Ltd. | 7500 | 104035 |
|  | Secom Co. Ltd. | 7110 | 261438 |
|  # | Seed Co. Ltd. | 12900 | 42966 |
|  | Sega Sammy Holdings, Inc. | 8100 | 170007 |
|  | Segue Group Co. Ltd. | 4100 | 15485 |
|  | Seibu Holdings, Inc. | 56900 | 1375198 |
|  | Seika Corp. | 7000 | 215394 |
|  | Seikagaku Corp. | 19000 | 94420 |
|  # | Seikitokyu Kogyo Co. Ltd. | 10700 | 116400 |
|  | Seiko Epson Corp. | 62900 | 872616 |
|  | Seiko Group Corp. | 23236 | 613354 |
|  | Seino Holdings Co. Ltd. | 30000 | 472148 |
|  # | Seiren Co. Ltd. | 20900 | 324728 |
|  | Sekisui Chemical Co. Ltd. | 42500 | 742642 |
|  | Sekisui House Ltd. | 39140 | 899836 |
|  | Sekisui Jushi Corp. | 15486 | 202442 |
|  | Sekisui Kasei Co. Ltd. | 4500 | 10320 |
|  | SEMITEC Corp. | 5800 | 72420 |
|  | Senko Group Holdings Co. Ltd. | 99500 | 1182814 |
|  # | Senshu Electric Co. Ltd. | 12500 | 384938 |
|  | Senshu Ikeda Holdings, Inc. | 133600 | 441180 |
|  | Seria Co. Ltd. | 16800 | 341076 |
|  | Seven & i Holdings Co. Ltd. | 495500 | 7294067 |
|  | Seven Bank Ltd. | 334400 | 601760 |
|  # | SFP Holdings Co. Ltd. | 4100 | 62049 |
|  | SG Holdings Co. Ltd. | 107600 | 1132990 |
|  | Sharingtechnology, Inc. | 12100 | 96315 |
|  \* | Sharp Corp. | 8433 | 49995 |
|  | Shibaura Electronics Co. Ltd. | 12000 | 495291 |
|  | Shibaura Machine Co. Ltd. | 21200 | 535203 |
|  # | Shibaura Mechatronics Corp. | 14100 | 661322 |
|  | Shibusawa Logistics Corp. | 6800 | 151774 |
|  | Shibuya Corp. | 14400 | 312635 |
|  \* | SHIFT, Inc. | 75200 | 688094 |
|  | Shiga Bank Ltd. | 20467 | 822964 |
|  | Shikibo Ltd. | 8402 | 56965 |
|  | Shikoku Bank Ltd. | 31901 | 265231 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Shikoku Kasei Holdings Corp. | 26400 | $340063 |
|  | Shima Seiki Manufacturing Ltd. | 11420 | 70039 |
|  | Shimadaya Corp. | 7100 | 92993 |
|  | Shimadzu Corp. | 19800 | 506829 |
|  | Shimamura Co. Ltd. | 3800 | 252848 |
|  | Shimizu Corp. | 38900 | 415572 |
|  # | Shimojima Co. Ltd. | 10700 | 92477 |
|  | Shin Nippon Air Technologies Co. Ltd. | 19600 | 289578 |
|  # | Shin Nippon Biomedical Laboratories Ltd. | 13200 | 133169 |
|  | Shinagawa Refractories Co. Ltd. | 35900 | 414057 |
|  # | Shindengen Electric Manufacturing Co. Ltd. | 5300 | 76660 |
|  | Shin-Etsu Chemical Co. Ltd. | 65500 | 1993261 |
|  | Shin-Etsu Polymer Co. Ltd. | 30100 | 308412 |
|  | Shinko Shoji Co. Ltd. | 30300 | 188896 |
|  | Shinmaywa Industries Ltd. | 50000 | 471155 |
|  | Shinnihon Corp. | 22300 | 257709 |
|  | Shinnihonseiyaku Co. Ltd. | 6800 | 114104 |
|  # | Shinobu Foods Products Co. Ltd. | 7000 | 43245 |
|  | Shinsho Corp. | 14400 | 189804 |
|  | Shinwa Co. Ltd. (3447 JP) | 9800 | 49825 |
|  | Shinwa Co. Ltd. (7607 JP) | 6400 | 135758 |
|  | Shionogi & Co. Ltd. | 28900 | 485535 |
|  | Ship Healthcare Holdings, Inc. | 38200 | 554185 |
|  # | Shizuoka Financial Group, Inc. | 83400 | 926786 |
|  | Shizuoka Gas Co. Ltd. | 42600 | 351051 |
|  | SHO-BOND Holdings Co. Ltd. | 800 | 28717 |
|  | Shoei Co. Ltd. | 31200 | 366443 |
|  # | Shoei Foods Corp. | 3300 | 93934 |
|  | Shofu, Inc. | 2200 | 33659 |
|  | Showa Sangyo Co. Ltd. | 21509 | 455471 |
|  | SIGMAXYZ Holdings, Inc. | 43600 | 319566 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Siix Corp. | 37200 | $273929 |
|  \* | Simplex Holdings, Inc. | 9100 | 192606 |
|  | Sinanen Holdings Co. Ltd. | 7300 | 339475 |
|  | Sinfonia Technology Co. Ltd. | 26300 | 1124560 |
|  | Sinko Industries Ltd. | 24900 | 210485 |
|  | Sintokogio Ltd. | 24000 | 139896 |
|  | SK Kaken Co. Ltd. | 3900 | 243554 |
|  | SK-Electronics Co. Ltd. | 9300 | 149990 |
|  | SKY Perfect JSAT Holdings, Inc. | 128700 | 1040428 |
|  | Skylark Holdings Co. Ltd. | 86000 | 1784864 |
|  | Skymark Airlines, Inc. | 8300 | 29305 |
|  # | Smaregi, Inc. | 3100 | 68301 |
|  | SMK Corp. | 2500 | 41005 |
|  | SMS Co. Ltd. | 15500 | 143653 |
|  # | Soda Nikka Co. Ltd. | 14300 | 103057 |
|  | Sodick Co. Ltd. | 29000 | 152418 |
|  | Soft99 Corp. | 7600 | 91941 |
|  | SoftBank Corp. | 2895000 | 4380844 |
|  | SoftBank Group Corp. | 134400 | 6796559 |
|  | Softcreate Holdings Corp. | 7400 | 101753 |
|  | Software Service, Inc. | 2500 | 220284 |
|  | Sohgo Security Services Co. Ltd. | 85000 | 671811 |
|  | Sojitz Corp. | 102540 | 2425874 |
|  | Soken Chemical & Engineering Co. Ltd. | 18800 | 199826 |
|  | Solasto Corp. | 29099 | 89905 |
|  | Soliton Systems KK | 7500 | 65676 |
|  | Sompo Holdings, Inc. | 74650 | 2446362 |
|  | Sony Group Corp. (6758 JP) | 835000 | 22029625 |
|  # | Sony Group Corp. (SONY US), Sponsored ADR | 192300 | 4999800 |
|  | Space Co. Ltd. | 12400 | 94908 |
|  | Sparx Group Co. Ltd. | 13779 | 139387 |
|  | SPK Corp. | 7564 | 109371 |
|  | Square Enix Holdings Co. Ltd. | 500 | 28911 |
|  | SRA Holdings | 8200 | 249695 |
|  | SRS Holdings Co. Ltd. | 9100 | 75869 |
|  # | ST Corp. | 3400 | 35734 |
|  # | St. Care Holding Corp. | 10200 | 55224 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Stanley Electric Co. Ltd. | 67000 | $1255507 |
|  | Star Mica Holdings Co. Ltd. | 23400 | 159857 |
|  | Star Micronics Co. Ltd. | 23600 | 270641 |
|  | Startia Holdings, Inc. | 4900 | 72405 |
|  | Starts Corp., Inc. | 22400 | 609239 |
|  | Starzen Co. Ltd. | 36600 | 312509 |
|  | Stella Chemifa Corp. | 3400 | 88797 |
|  | Step Co. Ltd. | 7500 | 119825 |
|  | STI Foods Holdings, Inc. | 4500 | 38840 |
|  | Strike Co. Ltd. | 5400 | 111076 |
|  | Studio Alice Co. Ltd. | 8000 | 118134 |
|  | Subaru Corp. | 358400 | 6489878 |
|  # | Subaru Enterprise Co. Ltd. | 7900 | 182216 |
|  | Sugi Holdings Co. Ltd. | 29418 | 617949 |
|  | Sugimoto & Co. Ltd. | 15000 | 168939 |
|  # | SUMCO Corp. | 47100 | 324806 |
|  | Sumida Corp. | 38913 | 257819 |
|  # | Sumiseki Holdings, Inc. | 28100 | 140322 |
|  | Sumitomo Bakelite Co. Ltd. | 33700 | 783555 |
|  | Sumitomo Chemical Co. Ltd. | 358300 | 866122 |
|  | Sumitomo Corp. | 90000 | 2197474 |
|  | Sumitomo Densetsu Co. Ltd. | 9152 | 336353 |
|  | Sumitomo Electric Industries Ltd. | 221583 | 3561592 |
|  | Sumitomo Forestry Co. Ltd. | 59700 | 1719014 |
|  | Sumitomo Heavy Industries Ltd. | 43600 | 907831 |
|  | Sumitomo Metal Mining Co. Ltd. | 37500 | 832013 |
|  | Sumitomo Mitsui Financial Group, Inc. (8316 JP) | 296823 | 7081370 |
|  | Sumitomo Mitsui Trust Group, Inc. | 88700 | 2194325 |
|  | Sumitomo Osaka Cement Co. Ltd. | 22700 | 619905 |
|  | Sumitomo Realty & Development Co. Ltd. | 62700 | 2335341 |
|  | Sumitomo Riko Co. Ltd. | 32788 | 374971 |
|  | Sumitomo Rubber Industries Ltd. | 98153 | 1236064 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Sumitomo Seika Chemicals Co. Ltd. | 8300 | $276807 |
|  | Sumitomo Warehouse Co. Ltd. | 41300 | 802220 |
|  | Sun Frontier Fudousan Co. Ltd. | 52700 | 721193 |
|  | Sundrug Co. Ltd. | 19200 | 639788 |
|  | Suntory Beverage & Food Ltd. | 15400 | 538089 |
|  # | Sun-Wa Technos Corp. | 11800 | 174811 |
|  # | Suruga Bank Ltd. | 117700 | 1042575 |
|  | Suzuden Corp. | 4400 | 59902 |
|  | Suzuken Co. Ltd. | 20346 | 735053 |
|  | Suzuki Co. Ltd. | 12200 | 138020 |
|  | Suzuki Motor Corp. | 134100 | 1607008 |
|  | SWCC Corp. | 28700 | 1304201 |
|  | Sysmex Corp. | 119300 | 2214584 |
|  | System Research Co. Ltd. | 4500 | 55275 |
|  | System Support Holdings, Inc. | 2400 | 33787 |
|  # | Systems Engineering Consultants Co. Ltd. | 900 | 28017 |
|  | Systena Corp. | 124000 | 324347 |
|  | Syuppin Co. Ltd. | 15300 | 117608 |
|  | T Hasegawa Co. Ltd. | 9300 | 186390 |
|  | T RAD Co. Ltd. | 6300 | 169155 |
|  | T&D Holdings, Inc. | 34500 | 734112 |
|  | Tachibana Eletech Co. Ltd. | 16820 | 275081 |
|  | Tachikawa Corp. | 8800 | 92486 |
|  | Tachi-S Co. Ltd. | 29100 | 321024 |
|  | Tadano Ltd. | 69000 | 478037 |
|  | Taihei Dengyo Kaisha Ltd. | 7500 | 256495 |
|  | Taiheiyo Cement Corp. | 55188 | 1485970 |
|  | Taiho Kogyo Co. Ltd. | 8900 | 40576 |
|  | Taikisha Ltd. | 16200 | 265161 |
|  | Taisei Corp. | 6800 | 368710 |
|  # | Taisei Lamick Group Head Quarter & Innovation Co. Ltd. | 4400 | 76338 |
|  # | Taisei Oncho Co. Ltd. | 400 | 10494 |
|  | Taiyo Holdings Co. Ltd. | 21804 | 807271 |
|  | Taiyo Yuden Co. Ltd. | 13900 | 209643 |
|  | Takamatsu Construction Group Co. Ltd. | 9400 | 190417 |
|  # | Takamiya Co. Ltd. | 33100 | 88918 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Takaoka Toko Co. Ltd. | 8364 | $134515 |
|  | Takara & Co. Ltd. | 8500 | 205972 |
|  | Takara Holdings, Inc. | 24700 | 199355 |
|  | Takara Standard Co. Ltd. | 18900 | 238878 |
|  | Takasago International Corp. | 8200 | 385176 |
|  | Takasago Thermal Engineering Co. Ltd. | 6000 | 265464 |
|  # | Takashima & Co. Ltd. | 10000 | 91620 |
|  | Takashimaya Co. Ltd. | 189200 | 1458760 |
|  | Take & Give Needs Co. Ltd. | 4300 | 25997 |
|  # | TAKEBISHI Corp. | 5800 | 72284 |
|  | Takeda Pharmaceutical Co. Ltd. (4502 JP) | 112052 | 3389416 |
|  | Takeuchi Manufacturing Co. Ltd. | 20700 | 647958 |
|  # | Taki Chemical Co. Ltd. | 2500 | 55008 |
|  | Takuma Co. Ltd. | 6000 | 77311 |
|  # | Tama Home Co. Ltd. | 10100 | 282735 |
|  | Tamron Co. Ltd. | 28800 | 651124 |
|  | Tamura Corp. | 73000 | 232856 |
|  | Tanabe Engineering Corp. | 3100 | 46788 |
|  # | Tanseisha Co. Ltd. | 26250 | 190738 |
|  | Tayca Corp. | 10200 | 92875 |
|  | Tazmo Co. Ltd. | 7000 | 85837 |
|  | TBS Holdings, Inc. | 14600 | 489762 |
|  # | TDC Soft, Inc. | 11100 | 98325 |
|  | TDK Corp. (6762 JP) | 252500 | 2694539 |
|  | TechMatrix Corp. | 20800 | 297035 |
|  # | Techno Medica Co. Ltd. | 4000 | 50724 |
|  | Techno Ryowa Ltd. | 7000 | 139723 |
|  | Techno Smart Corp. | 8600 | 96212 |
|  | TechnoPro Holdings, Inc. | 43400 | 967803 |
|  | Teijin Ltd. | 121936 | 1022394 |
|  # | Teikoku Sen-I Co. Ltd. | 9600 | 166086 |
|  | Teikoku Tsushin Kogyo Co. Ltd. | 5200 | 85815 |
|  | Tekken Corp. | 7300 | 141670 |
|  | Temairazu, Inc. | 800 | 19859 |
|  # | Tenma Corp. | 9800 | 244516 |
|  # | Tera Probe, Inc. | 5000 | 92780 |
|  # | Terasaki Electric Co. Ltd. | 2300 | 33781 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Tess Holdings Co. Ltd. | 28900 | $67526 |
|  | THK Co. Ltd. | 11400 | 280839 |
|  | Tigers Polymer Corp. | 8200 | 49979 |
|  | TIS, Inc. | 62100 | 1792403 |
|  | TKC Corp. | 4500 | 126842 |
|  | Toa Corp. (1885 JP) | 82300 | 795139 |
|  | Toa Corp. (6809 JP) | 14200 | 92233 |
|  | TOA ROAD Corp. | 44000 | 470445 |
|  | Toagosei Co. Ltd. | 65600 | 617191 |
|  | TOBISHIMA HOLDINGS, Inc. | 9873 | 124183 |
|  | TOC Co. Ltd. | 32400 | 143334 |
|  | Tocalo Co. Ltd. | 51600 | 594327 |
|  # | Tochigi Bank Ltd. | 35400 | 80182 |
|  | Toda Corp. | 138700 | 883646 |
|  | Toei Animation Co. Ltd. | 3000 | 72543 |
|  | Toenec Corp. | 54600 | 432407 |
|  | Togami Electric Manufacturing Co. Ltd. | 700 | 16979 |
|  | Toho Bank Ltd. | 71700 | 176853 |
|  | Toho Co. Ltd. (8142 JP) | 12500 | 285994 |
|  | Toho Co. Ltd. (9602 JP) | 2100 | 119892 |
|  | Toho Holdings Co. Ltd. | 18900 | 617868 |
|  # | Toho Titanium Co. Ltd. | 29600 | 211031 |
|  | Tohoku Bank Ltd. | 7400 | 55700 |
|  # | Tohokushinsha Film Corp. | 35700 | 144121 |
|  | Tokai Carbon Co. Ltd. | 147302 | 950509 |
|  | Tokai Corp. | 16967 | 249548 |
|  | TOKAI Holdings Corp. | 65100 | 456498 |
|  | Tokai Rika Co. Ltd. | 36000 | 536169 |
|  | Tokai Tokyo Financial Holdings, Inc. | 118052 | 389908 |
|  # | Token Corp. | 2120 | 198143 |
|  | Tokio Marine Holdings, Inc. (8766 JP) | 116048 | 4651477 |
|  | Tokushu Tokai Paper Co. Ltd. | 4841 | 126457 |
|  | Tokuyama Corp. | 42425 | 865996 |
|  | Tokyo Century Corp. | 144000 | 1516512 |
|  # | Tokyo Electron Device Ltd. | 15900 | 329634 |
|  | Tokyo Electron Ltd. | 41900 | 6238840 |
|  | Tokyo Energy & Systems, Inc. | 11500 | 90822 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Tokyo Kiraboshi Financial Group, Inc. | 20499 | $810305 |
|  | Tokyo Ohka Kogyo Co. Ltd. | 3400 | 74800 |
|  | Tokyo Radiator Manufacturing Co. Ltd. | 1100 | 6500 |
|  | Tokyo Rope Manufacturing Co. Ltd. | 10700 | 90808 |
|  | Tokyo Sangyo Co. Ltd. | 11100 | 53919 |
|  | Tokyo Seimitsu Co. Ltd. | 1500 | 83705 |
|  | Tokyo Steel Manufacturing Co. Ltd. | 36500 | 412698 |
|  | Tokyo Tatemono Co. Ltd. | 124700 | 2235661 |
|  # | Tokyo Tekko Co. Ltd. | 10700 | 417072 |
|  # | Tokyotokeiba Co. Ltd. | 10347 | 304079 |
|  | Tokyu Construction Co. Ltd. | 40530 | 235315 |
|  | Tokyu Fudosan Holdings Corp. | 457982 | 3207621 |
|  | Toli Corp. | 35000 | 119672 |
|  # | Tomen Devices Corp. | 2800 | 104631 |
|  # | Tomoe Corp. | 20300 | 211122 |
|  # | Tomoe Engineering Co. Ltd. | 18600 | 180106 |
|  | Tomoku Co. Ltd. | 12436 | 213119 |
|  | TOMONY Holdings, Inc. | 147800 | 566357 |
|  | Tomy Co. Ltd. | 61000 | 1343036 |
|  | Topcon Corp. | 59600 | 1353566 |
|  | TOPPAN Holdings, Inc. | 40700 | 1142553 |
|  | Topre Corp. | 62001 | 757552 |
|  | Topy Industries Ltd. | 13800 | 200030 |
|  | Toray Industries, Inc. | 175600 | 1121472 |
|  # | Torex Semiconductor Ltd. | 4700 | 38980 |
|  | Toridoll Holdings Corp. | 15600 | 466920 |
|  | Torigoe Co. Ltd. | 13900 | 83889 |
|  | Torii Pharmaceutical Co. Ltd. | 8000 | 262151 |
|  | Torishima Pump Manufacturing Co. Ltd. | 14500 | 199999 |
|  | Tosei Corp. | 28900 | 487077 |
|  | Toshiba TEC Corp. | 17700 | 333626 |
|  | Tosho Co. Ltd. | 12200 | 46935 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Tosoh Corp. | 133600 | $1883321 |
|  | Totech Corp. | 10200 | 185082 |
|  | Totetsu Kogyo Co. Ltd. | 15466 | 341300 |
|  | TOTO Ltd. | 32299 | 851675 |
|  # | Tottori Bank Ltd. | 6400 | 57507 |
|  | Toukei Computer Co. Ltd. | 2800 | 85991 |
|  | Tow Co. Ltd. | 31100 | 68830 |
|  # | Towa Bank Ltd. | 5323 | 22845 |
|  # | Towa Corp. | 14700 | 137222 |
|  | Towa Pharmaceutical Co. Ltd. | 23600 | 437918 |
|  | Toyo Construction Co. Ltd. | 47100 | 441805 |
|  | Toyo Corp. | 22900 | 220499 |
|  | Toyo Engineering Corp. | 28599 | 135026 |
|  # | Toyo Gosei Co. Ltd. | 3500 | 118436 |
|  # | Toyo Innovex Co. Ltd. | 12000 | 48522 |
|  | Toyo Kanetsu KK | 5600 | 139140 |
|  | Toyo Securities Co. Ltd. | 47300 | 145378 |
|  | Toyo Seikan Group Holdings Ltd. | 34000 | 593596 |
|  | Toyo Suisan Kaisha Ltd. | 7000 | 452520 |
|  | Toyo Tanso Co. Ltd. | 13800 | 387810 |
|  | Toyo Tire Corp. | 95700 | 1789283 |
|  | Toyobo Co. Ltd. | 69402 | 430558 |
|  | Toyoda Gosei Co. Ltd. | 48800 | 937041 |
|  | Toyota Boshoku Corp. | 56100 | 804964 |
|  | Toyota Industries Corp. | 7100 | 832652 |
|  | Toyota Motor Corp. (7203 JP) | 653790 | 12487004 |
|  # | Toyota Motor Corp. (TM US), Sponsored ADR | 22210 | 4246996 |
|  | Toyota Tsusho Corp. | 147200 | 2925265 |
|  | TPR Co. Ltd. | 19500 | 290407 |
|  | Traders Holdings Co. Ltd. | 20039 | 123442 |
|  # | Transaction Co. Ltd. | 13100 | 232879 |
|  | Transcosmos, Inc. | 13900 | 303733 |
|  | TRE Holdings Corp. | 42851 | 461796 |
|  | Treasure Factory Co. Ltd. | 8100 | 109168 |
|  | Trend Micro, Inc. (4704 JP) | 29300 | 2102292 |
|  | Trinity Industrial Corp. | 1400 | 10419 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Trusco Nakayama Corp. | 29800 | $444587 |
|  | TS Tech Co. Ltd. | 41200 | 465672 |
|  | TSI Holdings Co. Ltd. | 29300 | 220499 |
|  | Tsubaki Nakashima Co. Ltd. | 10801 | 30747 |
|  | Tsubakimoto Chain Co. | 60900 | 739833 |
|  # | Tsubakimoto Kogyo Co. Ltd. | 8700 | 131847 |
|  # | Tsuburaya Fields Holdings, Inc. | 27700 | 361606 |
|  | Tsugami Corp. | 36200 | 445934 |
|  | Tsukishima Holdings Co. Ltd. | 17070 | 239568 |
|  # | Tsukuba Bank Ltd. | 38900 | 65602 |
|  | Tsumura & Co. | 6100 | 183433 |
|  | Tsuruha Holdings, Inc. | 12600 | 1013533 |
|  | Tsurumi Manufacturing Co. Ltd. | 11300 | 262227 |
|  # | Tsutsumi Jewelry Co. Ltd. | 4600 | 74567 |
|  # | Tsuzuki Denki Co. Ltd. | 4100 | 70314 |
|  | TV Asahi Holdings Corp. | 11100 | 201896 |
|  | Tv Tokyo Holdings Corp. | 4400 | 122331 |
|  | UACJ Corp. | 30107 | 1015750 |
|  | UBE Corp. | 52220 | 766143 |
|  | Ubicom Holdings, Inc. | 2700 | 24099 |
|  | Uchida Yoko Co. Ltd. | 8200 | 448588 |
|  | Ulvac, Inc. | 7100 | 240794 |
|  | U-Next Holdings Co. Ltd. | 26400 | 377793 |
|  # | Unicharm Corp. | 78300 | 727026 |
|  | Unipres Corp. | 59838 | 420420 |
|  | United Arrows Ltd. | 19100 | 301517 |
|  | United Super Markets Holdings, Inc. | 48555 | 312286 |
|  | UNITED, Inc. | 17800 | 87008 |
|  | Universal Entertainment Corp. | 3279 | 25631 |
|  # | Urbanet Corp. Co. Ltd. | 39300 | 126331 |
|  | Ushio, Inc. | 36900 | 443829 |
|  | USS Co. Ltd. | 125800 | 1253942 |
|  | UT Group Co. Ltd. | 26600 | 373900 |
|  | V Technology Co. Ltd. | 2400 | 33825 |
|  | Valor Holdings Co. Ltd. | 51405 | 899410 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Valqua Ltd. | 12400 | $260867 |
|  # | Value HR Co. Ltd. | 8100 | 88597 |
|  | ValueCommerce Co. Ltd. | 9800 | 55675 |
|  | Vector, Inc. | 17700 | 110078 |
|  | Vertex Corp. | 21480 | 290247 |
|  | Vision, Inc. | 24800 | 223524 |
|  \* | Visional, Inc. | 10400 | 629186 |
|  | Vital KSK Holdings, Inc. | 28154 | 259166 |
|  | VT Holdings Co. Ltd. | 105801 | 374391 |
|  | Wacoal Holdings Corp. | 9000 | 314118 |
|  | Wakachiku Construction Co. Ltd. | 10000 | 279613 |
|  | Wakita & Co. Ltd. | 32400 | 400368 |
|  | Warabeya Nichiyo Holdings Co. Ltd. | 20100 | 310892 |
|  # | Waseda Academy Co. Ltd. | 6100 | 94587 |
|  # | Watahan & Co. Ltd. | 14000 | 159081 |
|  | WATAMI Co. Ltd. | 9000 | 70982 |
|  # | WDB Holdings Co. Ltd. | 8000 | 102104 |
|  | WDI Corp. | 300 | 6343 |
|  \* | Wealth Management, Inc. | 1900 | 13518 |
|  | Weathernews, Inc. | 4200 | 104175 |
|  | Welcia Holdings Co. Ltd. | 70800 | 1248284 |
|  | Wellneo Sugar Co. Ltd. | 13300 | 220386 |
|  | Wellnet Corp. | 5800 | 29476 |
|  | West Holdings Corp. | 12881 | 142621 |
|  # | Will Group, Inc. | 16700 | 114050 |
|  \* | WingArc1st, Inc. | 12667 | 338529 |
|  # | Workman Co. Ltd. | 3234 | 101906 |
|  | World Co. Ltd. | 35900 | 666866 |
|  | World Holdings Co. Ltd. | 12500 | 175124 |
|  | Xebio Holdings Co. Ltd. | 19201 | 175168 |
|  | Yagi & Co. Ltd. | 300 | 4302 |
|  | Yahagi Construction Co. Ltd. | 24500 | 249248 |
|  | YAKUODO Holdings Co. Ltd. | 12159 | 172774 |
|  | YAMABIKO Corp. | 33151 | 496109 |
|  | YAMADA Consulting Group Co. Ltd. | 2300 | 28195 |
|  | Yamada Holdings Co. Ltd. | 96300 | 310354 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Yamae Group Holdings Co. Ltd. | 20400 | $370037 |
|  | Yamagata Bank Ltd. | 10699 | 96361 |
|  | Yamaguchi Financial Group, Inc. | 62801 | 741952 |
|  | Yamaha Motor Co. Ltd. | 258800 | 2032546 |
|  | Yamaichi Electronics Co. Ltd. | 19900 | 279638 |
|  # | Yamami Co. | 1400 | 45193 |
|  | Yamanashi Chuo Bank Ltd. | 10900 | 155468 |
|  # | Yamatane Corp. | 7400 | 232830 |
|  | Yamato Corp. | 15800 | 182444 |
|  | Yamato Holdings Co. Ltd. | 21600 | 306672 |
|  # | Yamato Kogyo Co. Ltd. | 19000 | 1131424 |
|  | Yamau Holdings Co. Ltd. | 2100 | 25694 |
|  | Yamaya Corp. | 6400 | 128819 |
|  | Yamazaki Baking Co. Ltd. | 54800 | 1311832 |
|  | Yamazen Corp. | 41800 | 410996 |
|  | Yaoko Co. Ltd. | 8900 | 596102 |
|  # | Yashima Denki Co. Ltd. | 12500 | 148338 |
|  | Yaskawa Electric Corp. | 3200 | 67422 |
|  | Yasuda Logistics Corp. | 11300 | 134550 |
|  | Yellow Hat Ltd. | 61400 | 585158 |
|  | Yodogawa Steel Works Ltd. | 17000 | 688297 |
|  | Yokogawa Bridge Holdings Corp. | 22900 | 419550 |
|  | Yokogawa Electric Corp. | 33500 | 724945 |
|  | Yokohama Rubber Co. Ltd. | 86099 | 1882539 |
|  # | Yokorei Co. Ltd. | 41323 | 246824 |
|  | Yokowo Co. Ltd. | 14100 | 120825 |
|  # | Yomeishu Seizo Co. Ltd. | 4500 | 96705 |
|  | Yondenko Corp. | 24000 | 226304 |
|  | Yondoshi Holdings, Inc. | 5800 | 71489 |
|  | Yonex Co. Ltd. | 12100 | 197989 |
|  # | Yorozu Corp. | 15400 | 110461 |
|  #\* | Yoshimura Food Holdings KK | 8400 | 53420 |
|  | Yoshinoya Holdings Co. Ltd. | 24300 | 532624 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  # | Yossix Holdings Co. Ltd. | 3600 | $| 70055 |
|  # | Yotai Refractories Co. Ltd. | 12200 |  | 151809 |
|  | Yuasa Trading Co. Ltd. | 17400 |  | 532486 |
|  # | Yukiguni Factory Co. Ltd. | 10500 |  | 85258 |
|  | Yurtec Corp. | 29700 |  | 383513 |
|  | Yushin Co. | 11500 |  | 51359 |
|  | Yushiro, Inc. | 9100 |  | 120506 |
|  | Yutaka Giken Co. Ltd. | 2500 |  | 37893 |
|  | Zacros Corp. | 13200 |  | 366029 |
|  | Zaoh Co. Ltd. | 2800 |  | 47548 |
|  | Zenitaka Corp. | 1700 |  | 51095 |
|  | Zenkoku Hosho Co. Ltd. | 7400 |  | 160551 |
|  | Zenrin Co. Ltd. | 22100 |  | 185991 |
|  | Zensho Holdings Co. Ltd. | 22650 |  | 1399619 |
|  | Zeon Corp. | 66200 |  | 649172 |
|  | ZERIA Pharmaceutical Co. Ltd. | 16300 |  | 267298 |
|  | ZIGExN Co. Ltd. | 40700 |  | 126639 |
|  | ZOZO, Inc. | 95100 |  | 965787 |
|  # | Zuiko Corp. | 10200 |  | 77492 |
|  TOTAL JAPAN | TOTAL JAPAN | TOTAL JAPAN |  | 848004778 |
|  LIECHTENSTEIN — (0.0%) | LIECHTENSTEIN — (0.0%) | LIECHTENSTEIN — (0.0%) | LIECHTENSTEIN — (0.0%) | LIECHTENSTEIN — (0.0%) |
|  | Liechtensteinische Landesbank AG | 13091 |  | 1201932 |
|  | VP Bank AG, Class A | 2158 |  | 215147 |
|  TOTAL LIECHTENSTEIN | TOTAL LIECHTENSTEIN | TOTAL LIECHTENSTEIN |  | 1417079 |
|  LUXEMBOURG — (0.3%) | LUXEMBOURG — (0.3%) | LUXEMBOURG — (0.3%) | LUXEMBOURG — (0.3%) | LUXEMBOURG — (0.3%) |
|  | Aperam SA | 30700 |  | 893291 |
|  # | ArcelorMittal SA (MT US) | 55155 |  | 1637540 |
|  | B&M European Value Retail SA | 472784 |  | 2126289 |
|  W | B&S Group SARL | 21653 |  | 142674 |
|  W | Befesa SA | 14107 |  | 428953 |
|  | d'Amico International Shipping SA | 58379 |  | 216513 |
|  | Eurofins Scientific SE | 24572 |  | 1550649 |
|  \* | InPost SA | 55346 |  | 934898 |
|  # | RTL Group SA | 5394 |  | 221211 |
|  #W | Samsonite Group SA | 462000 |  | 827783 |
|  # | SES SA | 294899 |  | 1563554 |
|  | Subsea 7 SA | 41782 |  | 632623 |
|  | Sword Group | 4261 |  | 151107 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  LUXEMBOURG — (Continued) | LUXEMBOURG — (Continued) | LUXEMBOURG — (Continued) | LUXEMBOURG — (Continued) |
|  | Tenaris SA (TS US), ADR | 3352 | $111588 |
|  TOTAL LUXEMBOURG | TOTAL LUXEMBOURG | TOTAL LUXEMBOURG | 11438673 |
|  MONACO — (0.0%) | MONACO — (0.0%) |  |  |
|  | Societe des Bains de Mer et du Cercle des Etrangers a Monaco | 536 | 61825 |
|  NETHERLANDS — (3.6%) | NETHERLANDS — (3.6%) |  |  |
|  | Aalberts NV | 82063 | 2725035 |
|  #W | ABN AMRO Bank NV | 113227 | 2346386 |
|  | Acomo NV | 10087 | 247911 |
|  \*W | Adyen NV | 196 | 317170 |
|  | Aegon Ltd. (AEG US) | 1405 | 9033 |
|  | Aegon Ltd. (AGN NA) | 431223 | 2773602 |
|  \* | AFC Ajax NV | 70 | 795 |
|  | Airbus SE | 10855 | 1841990 |
|  | Akzo Nobel NV | 24264 | 1531924 |
|  # | AMG Critical Materials NV | 19117 | 340732 |
|  | Arcadis NV | 54043 | 2620603 |
|  \* | Argenx SE (ARGX BB) | 66 | 42666 |
|  | ASM International NV | 4651 | 2273348 |
|  | ASML Holding NV (ASML US) | 16808 | 11228868 |
|  | ASR Nederland NV | 123220 | 7775037 |
|  #\*W | Basic-Fit NV | 47937 | 1089586 |
|  # | BE Semiconductor Industries NV | 4610 | 499280 |
|  # | Brunel International NV | 14497 | 152931 |
|  | Cementir Holding NV | 19171 | 314320 |
|  | Corbion NV | 33660 | 719833 |
|  | COSMO Pharmaceuticals NV | 4269 | 247576 |
|  W | Euronext NV | 9721 | 1624838 |
|  | Ferrari NV (RACE US) | 2880 | 1329926 |
|  | Ferrovial SE | 6469 | 315574 |
|  | Flow Traders Ltd. | 12948 | 383374 |
|  | ForFarmers NV | 10327 | 49283 |
|  # | Fugro NV | 127046 | 1489946 |
|  | HAL Trust | 799 | 105145 |
|  \* | Havas NV | 161833 | 269219 |
|  | Heineken NV | 13745 | 1230386 |
|  | IMCD NV | 21790 | 2897648 |
|  | ING Groep NV (INGA NA) | 269172 | 5227137 |
|  | Iveco Group NV | 188079 | 3004767 |
|  | JDE Peet's NV | 20703 | 501197 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) |
|  W | Just Eat Takeaway.com NV (JET LN) | 40316 | $878729 |
|  \*W | Just Eat Takeaway.com NV (TKWY NA) | 1432 | 31339 |
|  # | Kendrion NV | 1495 | 17408 |
|  | Koninklijke Ahold Delhaize NV (AD NA) | 320272 | 13150063 |
|  | Koninklijke Ahold Delhaize NV (ADRNY US), Sponsored ADR | 2505 | 102745 |
|  | Koninklijke BAM Groep NV | 344750 | 2335265 |
|  | Koninklijke Heijmans NV | 34266 | 1755071 |
|  | Koninklijke KPN NV | 1321145 | 6145773 |
|  #\* | Koninklijke Philips NV (PHG US) | 46095 | 1168511 |
|  \* | Koninklijke Philips NV (PHIA NA) | 65477 | 1661794 |
|  | Koninklijke Vopak NV | 35338 | 1461250 |
|  | Lastminute.com NV | 905 | 13838 |
|  | MFE-MediaForEurope NV (MFEA IM), Class A | 211092 | 767801 |
|  | MFE-MediaForEurope NV (MFEB IM), Class B | 61439 | 299013 |
|  | Nedap NV | 4008 | 276748 |
|  | NN Group NV | 127886 | 7842020 |
|  | OCI NV | 1388 | 11532 |
|  | Pluxee NV | 17797 | 400247 |
|  # | PostNL NV | 91445 | 93367 |
|  | Prosus NV (PRX NA) | 20259 | 949835 |
|  | Qiagen NV | 19875 | 849666 |
|  | Randstad NV | 60802 | 2440574 |
|  | RHI Magnesita NV | 6771 | 282798 |
|  | SBM Offshore NV | 119842 | 2519567 |
|  #\* | SIF Holding NV | 4260 | 44946 |
|  W | Signify NV | 72112 | 1494815 |
|  | Sligro Food Group NV | 8217 | 110996 |
|  # | Stellantis NV (STLA UX) | 100285 | 930645 |
|  # | Stellantis NV (STLAM IM) | 247465 | 2302768 |
|  | STMicroelectronics NV (STM FP) | 33324 | 757558 |
|  # | STMicroelectronics NV (STM US) | 29476 | 669400 |
|  | Technip Energies NV | 112128 | 3826271 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) |
|  | TKH Group NV | 31500 | $1244570 |
|  | Universal Music Group NV | 123589 | 3634194 |
|  | Van Lanschot Kempen NV | 27463 | 1603496 |
|  | Wolters Kluwer NV | 89512 | 15804144 |
|  TOTAL NETHERLANDS | TOTAL NETHERLANDS | TOTAL NETHERLANDS | 135405823 |
|  NEW ZEALAND — (0.3%) | NEW ZEALAND — (0.3%) |  |  |
|  | a2 Milk Co. Ltd. | 22425 | 116737 |
|  | Air New Zealand Ltd. | 1300394 | 448114 |
|  | Auckland International Airport Ltd. | 58240 | 260188 |
|  # | Channel Infrastructure NZ Ltd. | 367064 | 414391 |
|  | Chorus Ltd. (CHRYY US), ADR | 462 | 10848 |
|  # | Chorus Ltd. (CNU NZ) | 296781 | 1399707 |
|  # | Contact Energy Ltd. | 117914 | 621169 |
|  | EBOS Group Ltd. | 27573 | 600083 |
|  | Fisher & Paykel Healthcare Corp. Ltd. | 16673 | 336345 |
|  \* | Fletcher Building Ltd. (FBU NZ) | 24008 | 43712 |
|  | Fonterra Co-Operative Group Ltd. | 51432 | 166259 |
|  | Freightways Group Ltd. | 105874 | 618946 |
|  | Genesis Energy Ltd. | 333378 | 435636 |
|  \* | Gentrack Group Ltd. | 12020 | 83746 |
|  | Hallenstein Glasson Holdings Ltd. | 43112 | 186215 |
|  # | Heartland Group Holdings Ltd. | 643026 | 294386 |
|  # | Infratil Ltd. | 26293 | 164797 |
|  \* | KMD Brands Ltd. | 264315 | 51645 |
|  | Mainfreight Ltd. | 13057 | 430893 |
|  | Manawa Energy Ltd. | 52749 | 152034 |
|  | Mercury NZ Ltd. | 17168 | 56969 |
|  # | Meridian Energy Ltd. | 41807 | 136089 |
|  | Napier Port Holdings Ltd. | 31850 | 48512 |
|  | NZME Ltd. (NZM AU) | 54625 | 33901 |
|  | NZX Ltd. | 225171 | 205923 |
|  \* | Oceania Healthcare Ltd. | 416640 | 161121 |
|  | Port of Tauranga Ltd. | 11458 | 41928 |
|  \* | Rakon Ltd. | 14114 | 4692 |
|  | Restaurant Brands New Zealand Ltd. | 17188 | 33703 |
|  \* | Ryman Healthcare Ltd. | 47997 | 62955 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) |
|  | Sanford Ltd. | 37885 | $103059 |
|  | Scales Corp. Ltd. | 90884 | 224541 |
|  | Skellerup Holdings Ltd. | 138511 | 347426 |
|  # | SKY Network Television Ltd. | 205982 | 301835 |
|  | SKYCITY Entertainment Group Ltd. | 116940 | 79395 |
|  | Spark New Zealand Ltd. | 14233 | 17634 |
|  | Steel & Tube Holdings Ltd. | 100047 | 42862 |
|  | Summerset Group Holdings Ltd. | 154685 | 989866 |
|  # | Tourism Holdings Ltd. | 103520 | 84404 |
|  | TOWER Ltd. | 244309 | 192647 |
|  | Turners Automotive Group Ltd. | 31556 | 108678 |
|  \* | Vista Group International Ltd. | 53405 | 112400 |
|  | Vulcan Steel Ltd. | 16025 | 75796 |
|  \* | Warehouse Group Ltd. | 82202 | 39984 |
|  \* | Xero Ltd. | 3203 | 337318 |
|  TOTAL NEW ZEALAND | TOTAL NEW ZEALAND | TOTAL NEW ZEALAND | 10679489 |
|  NORWAY — (0.7%) | NORWAY — (0.7%) |  |  |
|  # | 2020 Bulkers Ltd. | 27827 | 297414 |
|  | ABG Sundal Collier Holding ASA | 110906 | 70040 |
|  | AF Gruppen ASA | 3992 | 57296 |
|  \* | Akastor ASA | 92173 | 99179 |
|  | Aker BioMarine ASA | 6059 | 30961 |
|  | Aker BP ASA | 88881 | 1908053 |
|  | Aker Solutions ASA | 66378 | 180156 |
|  | AMSC ASA | 32172 | 82676 |
|  \* | Archer Ltd. | 58073 | 114278 |
|  | Atea ASA | 7000 | 95775 |
|  | Austevoll Seafood ASA | 42169 | 397268 |
|  #W | Avance Gas Holding Ltd. | 26744 | 10108 |
|  | B2 Impact ASA | 154866 | 169601 |
|  \* | Bluenord ASA | 11545 | 661373 |
|  | Bonheur ASA | 15677 | 363006 |
|  | Borregaard ASA | 13213 | 227340 |
|  | Bouvet ASA | 38048 | 293636 |
|  | BW Offshore Ltd. | 63043 | 172776 |
|  \* | Cloudberry Clean Energy ASA | 136617 | 163381 |
|  | DNB Bank ASA | 72761 | 1818887 |
|  | DNO ASA | 441180 | 503176 |
|  \*W | Elkem ASA | 36615 | 64409 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
|  W | Elmera Group ASA | 31350 | $111747 |
|  | Elopak ASA | 5465 | 22312 |
|  | Equinor ASA | 181290 | 4103612 |
|  W | Europris ASA | 44827 | 332363 |
|  # | FLEX LNG Ltd. (FLNG NO) | 8683 | 209488 |
|  # | Frontline PLC | 17269 | 291142 |
|  # | Grieg Seafood ASA | 47153 | 297529 |
|  \* | Hexagon Composites ASA | 5653 | 10194 |
|  # | Hoegh Autoliners ASA | 47999 | 386322 |
|  W | Kid ASA | 18840 | 264700 |
|  W | Klaveness Combination Carriers ASA | 21372 | 124086 |
|  \* | Kongsberg Automotive ASA | 494057 | 64197 |
|  | Kongsberg Gruppen ASA | 2497 | 402288 |
|  \* | LINK Mobility Group Holding ASA | 177824 | 418745 |
|  | Mowi ASA | 9964 | 182712 |
|  | MPC Container Ships ASA | 269991 | 399250 |
|  W | Multiconsult ASA | 4663 | 85230 |
|  | Norsk Hydro ASA | 68832 | 365114 |
|  #\*W | Norske Skog ASA | 26847 | 46866 |
|  \* | Northern Ocean Ltd. | 24753 | 14008 |
|  \* | Norwegian Air Shuttle ASA | 23557 | 31109 |
|  | Odfjell Drilling Ltd. | 130474 | 679154 |
|  | Odfjell SE, Class A | 16596 | 156589 |
|  | Odfjell Technology Ltd. | 18940 | 75358 |
|  \* | OKEA ASA | 21121 | 33265 |
|  #W | Okeanis Eco Tankers Corp. | 8821 | 206267 |
|  | Panoro Energy ASA | 114499 | 250286 |
|  | Pareto Bank ASA | 34738 | 246577 |
|  | Pexip Holding ASA | 11294 | 42928 |
|  | Protector Forsikring ASA | 3303 | 116251 |
|  | Rana Gruber ASA | 19455 | 138494 |
|  | Reach Subsea ASA | 16768 | 10899 |
|  | Salmar ASA | 2144 | 105961 |
|  \* | SATS ASA | 54883 | 198271 |
|  \*W | Scatec ASA | 69753 | 532330 |
|  | Sea1 offshore, Inc. | 73603 | 139231 |
|  | Selvaag Bolig ASA | 4712 | 15816 |
|  #\*W | Shelf Drilling Ltd. | 118958 | 53909 |
|  #\* | SmartCraft ASA | 2025 | 5054 |
|  #†† | Solstad Maritime Holding AS | 49454 | 35652 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
|  \* | Solstad Offshore ASA | 49454 | $| 180546 |
|  # | SpareBank 1 Helgeland | 1689 |  | 26420 |
|  | Sparebank 1 Oestlandet | 19094 |  | 317984 |
|  | SpareBank 1 Sor-Norge ASA | 58908 |  | 940016 |
|  | Sparebanken More | 15146 |  | 145582 |
|  | Sparebanken Sor | 6775 |  | 132555 |
|  | Stolt-Nielsen Ltd | 26310 |  | 590715 |
|  | Storebrand ASA | 145754 |  | 1759776 |
|  | Telenor ASA | 27833 |  | 418051 |
|  | TGS ASA | 35628 |  | 265728 |
|  | TOMRA Systems ASA | 15468 |  | 244043 |
|  | Var Energi ASA | 69151 |  | 190145 |
|  | Veidekke ASA | 40659 |  | 611795 |
|  | Wallenius Wilhelmsen ASA | 62148 |  | 450417 |
|  | Wilh Wilhelmsen Holding ASA, Class A | 10620 |  | 395765 |
|  | Yara International ASA | 5472 |  | 177586 |
|  \* | Zalaris ASA | 1767 |  | 14278 |
|  TOTAL NORWAY | TOTAL NORWAY | TOTAL NORWAY |  | 25847497 |
|  PORTUGAL — (0.3%) | PORTUGAL — (0.3%) | PORTUGAL — (0.3%) | PORTUGAL — (0.3%) | PORTUGAL — (0.3%) |
|  # | Altri SGPS SA | 72816 |  | 501054 |
|  | Banco Comercial Portugues SA, Class R | 7922217 |  | 5067037 |
|  | Corticeira Amorim SGPS SA | 17267 |  | 149161 |
|  | CTT-Correios de Portugal SA | 77262 |  | 680565 |
|  | Galp Energia SGPS SA | 181209 |  | 2807611 |
|  # | Ibersol SGPS SA | 18452 |  | 194493 |
|  # | Mota-Engil SGPS SA | 62031 |  | 246217 |
|  | Navigator Co. SA | 221246 |  | 839621 |
|  | NOS SGPS SA | 272598 |  | 1137667 |
|  | Semapa-Sociedade de Investimento e Gestao | 11536 |  | 216227 |
|  | Sonae SGPS SA | 579628 |  | 736090 |
|  TOTAL PORTUGAL | TOTAL PORTUGAL | TOTAL PORTUGAL |  | 12575743 |
|  SINGAPORE — (0.9%) | SINGAPORE — (0.9%) | SINGAPORE — (0.9%) | SINGAPORE — (0.9%) | SINGAPORE — (0.9%) |
|  # | Aztech Global Ltd. | 221600 |  | 89980 |
|  | Banyan Tree Holdings Ltd. | 154900 |  | 38479 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | Boustead Singapore Ltd. | 276305 | $219837 |
|  | BRC Asia Ltd. | 22000 | 53557 |
|  | Bukit Sembawang Estates Ltd. | 114000 | 308985 |
|  | Bund Center Investment Ltd. | 22000 | 6248 |
|  W | BW LPG Ltd. | 71186 | 715102 |
|  | CapitaLand Investment Ltd. | 197501 | 416251 |
|  | China Aviation Oil Singapore Corp. Ltd. | 191200 | 124469 |
|  | China Sunsine Chemical Holdings Ltd. | 284600 | 118855 |
|  | City Developments Ltd. | 72500 | 276047 |
|  \* | COSCO Shipping International Singapore Co. Ltd. | 497600 | 47646 |
|  | CSE Global Ltd. | 658744 | 211163 |
|  | DBS Group Holdings Ltd. | 101027 | 3282285 |
|  | Delfi Ltd. | 369700 | 204086 |
|  | DFI Retail Group Holdings Ltd. | 81700 | 206222 |
|  \*†† | Ezion Holdings Ltd. | 70344 | 0 |
|  #\*†† Ezra Holdings Ltd. | #\*†† Ezra Holdings Ltd. | 730927 | 0 |
|  | Far East Orchard Ltd. | 160720 | 125329 |
|  | First Resources Ltd. | 529400 | 612506 |
|  | Food Empire Holdings Ltd. | 172500 | 199436 |
|  | Frasers Property Ltd. | 235100 | 146824 |
|  | Frencken Group Ltd. | 416100 | 323226 |
|  \* | Gallant Venture Ltd. | 254500 | 14809 |
|  | Genting Singapore Ltd. | 452100 | 256371 |
|  | Geo Energy Resources Ltd. | 537300 | 146317 |
|  | Golden Agri-Resources Ltd. | 4084400 | 750803 |
|  | GuocoLand Ltd. | 186733 | 201589 |
|  | Haw Par Corp. Ltd. | 59500 | 590636 |
|  | Ho Bee Land Ltd. | 133000 | 183253 |
|  | Hong Fok Corp. Ltd. | 293080 | 164897 |
|  | Hong Leong Asia Ltd. | 153400 | 128280 |
|  # | Hong Leong Finance Ltd. | 177800 | 350728 |
|  | Hongkong Land Holdings Ltd. | 138100 | 675861 |
|  | Hotel Grand Central Ltd. | 32847 | 17466 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | Hour Glass Ltd. | 208200 | $250313 |
|  | Hutchison Port Holdings Trust | 2937900 | 437368 |
|  \*†† | Hyflux Ltd. | 455600 | 0 |
|  | iFAST Corp. Ltd. | 33700 | 160524 |
|  | ISDN Holdings Ltd. | 28891 | 6987 |
|  # | Jardine Cycle & Carriage Ltd. | 58344 | 1158812 |
|  | Kenon Holdings Ltd. | 1132 | 34855 |
|  | Keppel Ltd. | 38300 | 192561 |
|  | Mandarin Oriental International Ltd. | 80500 | 145101 |
|  | Marco Polo Marine Ltd. | 2024500 | 65312 |
|  | Metro Holdings Ltd. | 225500 | 63884 |
|  | Micro-Mechanics Holdings Ltd. | 5500 | 6893 |
|  #\*†† Midas Holdings Ltd. | #\*†† Midas Holdings Ltd. | 1120000 | 0 |
|  | Nanofilm Technologies International Ltd. | 11500 | 4631 |
|  | Netlink NBN Trust | 125100 | 87611 |
|  \* | Oceanus Group Ltd. | 2050000 | 9466 |
|  | Olam Group Ltd. | 355235 | 262956 |
|  # | OUE Ltd. | 141000 | 101476 |
|  | Oversea-Chinese Banking Corp. Ltd. | 188346 | 2330926 |
|  | Pan-United Corp. Ltd. | 84950 | 43830 |
|  | Propnex Ltd. | 72000 | 57902 |
|  | Q&M Dental Group Singapore Ltd. | 134040 | 29776 |
|  | QAF Ltd. | 135353 | 86564 |
|  | Raffles Medical Group Ltd. | 184698 | 142988 |
|  \* | Rex International Holding Ltd. | 921400 | 84084 |
|  | Riverstone Holdings Ltd. | 200900 | 139222 |
|  # | Samudera Shipping Line Ltd. | 220700 | 140366 |
|  | SATS Ltd. | 35792 | 77186 |
|  \* | Seatrium Ltd. | 284222 | 417394 |
|  | Sembcorp Industries Ltd. | 330100 | 1669701 |
|  | Sheng Siong Group Ltd. | 408200 | 549980 |
|  | Sinarmas Land Ltd. | 415000 | 100165 |
|  | Sing Investments & Finance Ltd. | 20250 | 16577 |
|  | Singapore Airlines Ltd. | 573250 | 2941870 |
|  | Singapore Exchange Ltd. | 175700 | 1932850 |
|  | Singapore Land Group Ltd. | 104584 | 160393 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | Singapore Post Ltd. | 1109000 | $| 485358 |
|  | Singapore Technologies Engineering Ltd. | 220100 |  | 1249781 |
|  | Singapore Telecommunications Ltd. | 23200 |  | 67122 |
|  | Stamford Land Corp. Ltd. | 442011 |  | 119091 |
|  | StarHub Ltd. | 177900 |  | 159459 |
|  | Straits Trading Co. Ltd. | 106185 |  | 116366 |
|  #\*†† | Swiber Holdings Ltd. | 189500 |  | 0 |
|  | Tuan Sing Holdings Ltd. | 330885 |  | 63322 |
|  | UMS Integration Ltd. | 305827 |  | 252901 |
|  | United Overseas Bank Ltd. | 142582 |  | 3786812 |
|  | UOB-Kay Hian Holdings Ltd. | 287964 |  | 397517 |
|  | UOL Group Ltd. | 94587 |  | 418422 |
|  | Valuetronics Holdings Ltd.. | 270700 |  | 132889 |
|  | Venture Corp. Ltd. | 13000 |  | 115401 |
|  | Wee Hur Holdings Ltd. | 147900 |  | 59413 |
|  | Wilmar International Ltd. | 155100 |  | 363784 |
|  | Wing Tai Holdings Ltd. | 281768 |  | 252370 |
|  | Yangzijiang Shipbuilding Holdings Ltd. | 1009700 |  | 1729579 |
|  | Yeo Hiap Seng Ltd. | 10388 |  | 4455 |
|  TOTAL SINGAPORE | TOTAL SINGAPORE | TOTAL SINGAPORE |  | 34892109 |
|  SPAIN — (2.7%) | SPAIN — (2.7%) | SPAIN — (2.7%) | SPAIN — (2.7%) | SPAIN — (2.7%) |
|  | Acciona SA | 9885 |  | 1440475 |
|  | Acerinox SA | 97104 |  | 1097400 |
|  | ACS Actividades de Construccion y Servicios SA | 53766 |  | 3368700 |
|  W | Aedas Homes SA | 3698 |  | 119346 |
|  #W | Aena SME SA | 14560 |  | 3657704 |
|  | Almirall SA | 26252 |  | 291286 |
|  | Amadeus IT Group SA | 99529 |  | 7834226 |
|  \* | Amper SA | 187191 |  | 30788 |
|  | Atresmedia Corp. de Medios de Comunicacion SA | 59052 |  | 372790 |
|  | Audax Renovables SA | 102926 |  | 176808 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) |
|  | Banco Bilbao Vizcaya Argentaria SA (BBVA SM) | 638886 | $8768095 |
|  | Banco de Sabadell SA | 4364413 | 12734412 |
|  # | Banco Santander SA (SAN SM) | 589465 | 4150341 |
|  | Bankinter SA | 579148 | 6746458 |
|  # | CaixaBank SA | 621280 | 4761618 |
|  W | Cellnex Telecom SA | 4358 | 176365 |
|  # | CIE Automotive SA | 26019 | 687831 |
|  | Construcciones y Auxiliar de Ferrocarriles SA | 15777 | 771147 |
|  # | Corp. ACCIONA Energias Renovables SA | 6003 | 112215 |
|  | Ebro Foods SA | 15220 | 297289 |
|  # | EDP Renovaveis SA | 26074 | 244177 |
|  \* | eDreams ODIGEO SA | 21506 | 179890 |
|  | Elecnor SA | 21392 | 458612 |
|  | Enagas SA | 1958 | 30529 |
|  | Ence Energia y Celulosa SA | 74969 | 241762 |
|  | Endesa SA | 103428 | 3106209 |
|  | Ercros SA | 80582 | 272745 |
|  | Faes Farma SA | 178154 | 865048 |
|  | Fluidra SA | 5471 | 126662 |
|  W | Gestamp Automocion SA | 95500 | 285273 |
|  #W | Global Dominion Access SA | 69537 | 229660 |
|  \* | Grifols SA | 28653 | 271304 |
|  | Grupo Catalana Occidente SA | 21163 | 1178625 |
|  | Grupo Empresarial San Jose SA | 8089 | 53084 |
|  | Iberdrola SA | 37762 | 680691 |
|  | Iberpapel Gestion SA (IBG SM) | 7699 | 177730 |
|  | Indra Sistemas SA | 80889 | 2579042 |
|  # | Industria de Diseno Textil SA | 104163 | 5601363 |
|  # | Laboratorio Reig Jofre SA | 5821 | 19228 |
|  | Laboratorios Farmaceuticos Rovi SA | 2623 | 153773 |
|  | Linea Directa Aseguradora SA Cia de Seguros y Reaseguros | 19991 | 29039 |
|  | Logista Integral SA | 33132 | 1132727 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) |
|  | Mapfre SA | 384648 | $| 1369347 |
|  | Melia Hotels International SA | 71366 |  | 518062 |
|  | Miquel y Costas & Miquel SA | 12334 |  | 188531 |
|  # | Naturgy Energy Group SA | 16924 |  | 504201 |
|  W | Neinor Homes SA | 21949 |  | 382077 |
|  #\* | Obrascon Huarte Lain SA | 303962 |  | 106766 |
|  W | Prosegur Cash SA | 184092 |  | 160176 |
|  | Realia Business SA | 10923 |  | 11152 |
|  | Repsol SA (REP SM) | 392409 |  | 4796677 |
|  | Sacyr SA | 396624 |  | 1454870 |
|  \* | Solaria Energia y Medio Ambiente SA | 8776 |  | 66149 |
|  \*W | Talgo SA | 18338 |  | 66468 |
|  \* | Tecnicas Reunidas SA | 40468 |  | 679180 |
|  # | Telefonica SA (TEF SM) | 1766333 |  | 9074083 |
|  | Telefonica SA (TEF US), Sponsored ADR | 22622 |  | 115598 |
|  # | Tubacex SA | 103423 |  | 426519 |
|  \* | Tubos Reunidos SA | 36929 |  | 24169 |
|  #W | Unicaja Banco SA | 915509 |  | 1745007 |
|  | Vidrala SA | 11819 |  | 1288246 |
|  | Viscofan SA | 22128 |  | 1596346 |
|  TOTAL SPAIN | TOTAL SPAIN | TOTAL SPAIN |  | 100086091 |
|  SWEDEN — (2.6%) | SWEDEN — (2.6%) | SWEDEN — (2.6%) | SWEDEN — (2.6%) | SWEDEN — (2.6%) |
|  | AAK AB | 10704 |  | 279929 |
|  W | AcadeMedia AB | 130049 |  | 1070132 |
|  # | AddLife AB, Class B | 4638 |  | 88016 |
|  # | Addnode Group AB | 35044 |  | 301700 |
|  | AddTech AB, Class B | 24659 |  | 829589 |
|  | AFRY AB | 70644 |  | 1223867 |
|  | Alfa Laval AB | 13370 |  | 554532 |
|  W | Alimak Group AB | 3407 |  | 43121 |
|  # | Alleima AB | 102120 |  | 802899 |
|  | Alligo AB, Class B | 23010 |  | 262730 |
|  W | Ambea AB | 144064 |  | 1740371 |
|  | AQ Group AB | 36184 |  | 582255 |
|  | Arise AB | 19767 |  | 70578 |
|  | Arjo AB, Class B | 115879 |  | 388201 |
|  | Assa Abloy AB, Class B | 17058 |  | 517778 |
|  | Atlas Copco AB (ATCOA SS), Class A | 60953 |  | 943473 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | Atlas Copco AB (ATCOB SS), Class B | 39847 | $553304 |
|  W | Attendo AB | 217152 | 1478245 |
|  # | Avanza Bank Holding AB | 19515 | 648487 |
|  # | Axfood AB | 25059 | 700558 |
|  | Beijer Alma AB | 23618 | 491298 |
|  | Beijer Ref AB | 1784 | 27212 |
|  | Bergman & Beving AB | 26014 | 789789 |
|  | Betsson AB, Class B | 111000 | 1941286 |
|  \* | BHG Group AB | 121452 | 290217 |
|  | Bilia AB, Class A | 73360 | 918128 |
|  | Billerud Aktiebolag | 97388 | 1027641 |
|  | Biotage AB | 9827 | 143053 |
|  # | Bjorn Borg AB | 12770 | 75326 |
|  \* | Boliden AB | 34676 | 1062474 |
|  \* | Bonava AB, Class B | 103934 | 138402 |
|  W | Bravida Holding AB | 63022 | 600525 |
|  | Bufab AB | 6223 | 257215 |
|  | Bulten AB | 8231 | 50269 |
|  | Bure Equity AB | 46583 | 1569514 |
|  | Byggmax Group AB | 70656 | 348940 |
|  | Catella AB | 23125 | 70784 |
|  | Cellavision AB | 1475 | 30750 |
|  \* | Cint Group AB | 198490 | 149752 |
|  | Clas Ohlson AB, Class B | 53721 | 1521812 |
|  | Cloetta AB, Class B | 172079 | 500612 |
|  #W | Coor Service Management Holding AB | 50923 | 205108 |
|  | CTT Systems AB | 383 | 8086 |
|  | Dios Fastigheter AB | 6083 | 42242 |
|  W | Dometic Group AB | 48236 | 173903 |
|  \* | Dynavox Group AB | 36809 | 333287 |
|  | Eastnine AB | 50738 | 235714 |
|  | Elanders AB, Class B | 10245 | 57035 |
|  | Electrolux Professional AB, Class B | 24801 | 143699 |
|  | Elekta AB, Class B | 90202 | 459320 |
|  \* | Enea AB | 11630 | 79563 |
|  | Engcon AB | 5725 | 54850 |
|  | Eolus Vind AB, Class B | 4351 | 20972 |
|  | Ependion AB | 18185 | 217440 |
|  # | Epiroc AB (EPIA SS), Class A | 18178 | 393276 |
|  | Epiroc AB (EPIB SS), Class B | 10758 | 210981 |
|  | Essity AB (ESSITYA SS), Class A | 1404 | 40346 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | Essity AB (ESSITYB SS), Class B | 23376 | $676011 |
|  #W | Evolution AB | 8463 | 586271 |
|  | Ework Group AB | 3688 | 55640 |
|  # | Fagerhult Group AB | 17242 | 74518 |
|  \* | Fastighetsbolaget Emilshus AB, Class B | 817 | 3866 |
|  \* | Ferronordic AB | 1525 | 7395 |
|  | Fortnox AB | 77653 | 703142 |
|  | G5 Entertainment AB | 5074 | 68435 |
|  # | Getinge AB, Class B | 20594 | 398020 |
|  | Granges AB | 85123 | 1063240 |
|  \*W | Green Landscaping Group AB | 10414 | 64700 |
|  # | H & M Hennes & Mauritz AB, Class B | 93533 | 1355347 |
|  | Hanza AB | 20067 | 148656 |
|  | Hemnet Group AB | 34580 | 1186983 |
|  | Hexagon AB, Class B | 11070 | 107739 |
|  #\* | Hexatronic Group AB | 80881 | 214024 |
|  | Hexpol AB | 49640 | 431643 |
|  #\* | HMS Networks AB | 5349 | 239764 |
|  \*W | Hoist Finance AB | 40302 | 361804 |
|  | Holmen AB (HOLMB SS), Class B | 11216 | 443469 |
|  \* | Humana AB | 36020 | 152304 |
|  | Husqvarna AB (HUSQA SS), Class A | 5896 | 27412 |
|  # | Husqvarna AB (HUSQB SS), Class B | 57812 | 268898 |
|  | Indutrade AB | 10461 | 283008 |
|  # | Instalco AB | 107571 | 298243 |
|  | INVISIO AB | 1764 | 70896 |
|  | Inwido AB | 64392 | 1364640 |
|  | ITAB Shop Concept AB | 14564 | 38310 |
|  | JM AB | 38104 | 607900 |
|  | Kabe Group AB, Class B | 3063 | 78953 |
|  #\* | Karnov Group AB | 43128 | 404804 |
|  #\* | K-fast Holding AB | 53543 | 69469 |
|  # | KNOW IT AB | 15428 | 230520 |
|  | Lagercrantz Group AB, Class B | 52614 | 1198852 |
|  | Lifco AB, Class B | 7820 | 302749 |
|  # | Lime Technologies AB | 5673 | 229000 |
|  | Lindab International AB | 30973 | 651197 |
|  | Loomis AB | 49045 | 2041323 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  #\* | Medcap AB | 4609 | $207911 |
|  | Medicover AB, Class B | 12360 | 308434 |
|  | MEKO AB | 40364 | 529991 |
|  \* | Midsona AB, Class B | 14941 | 14035 |
|  \* | Modern Times Group MTG AB, Class B | 48652 | 582908 |
|  | Momentum Group AB | 21198 | 350017 |
|  W | Munters Group AB | 39397 | 504215 |
|  | Mycronic AB | 14687 | 586466 |
|  # | NCAB Group AB | 9640 | 42482 |
|  | NCC AB, Class B | 86929 | 1618396 |
|  | Nederman Holding AB | 8246 | 143885 |
|  \* | Net Insight AB, Class B | 87004 | 26342 |
|  | New Wave Group AB, Class B | 60213 | 736817 |
|  # | Nibe Industrier AB, Class B | 9620 | 41023 |
|  | Nilorngruppen AB, Class B | 7451 | 45713 |
|  #\* | Nobia AB | 39621 | 13674 |
|  | Nolato AB, Class B | 72214 | 405734 |
|  | Nordnet AB publ | 31491 | 833636 |
|  \* | Norion Bank AB | 34174 | 139117 |
|  \* | Norva24 Group AB | 7073 | 26495 |
|  | Note AB | 11574 | 192551 |
|  | OEM International AB, Class B | 10320 | 147704 |
|  #\* | Orron Energy AB | 7830 | 3907 |
|  | Pandox AB | 20998 | 351586 |
|  | Peab AB, Class B | 140435 | 1168149 |
|  | Prevas AB, Class B | 3363 | 33980 |
|  \* | Pricer AB, Class B | 72630 | 44142 |
|  | Proact IT Group AB | 27555 | 329628 |
|  | Ratos AB, Class B | 263379 | 898858 |
|  | RaySearch Laboratories AB | 25344 | 686245 |
|  | Rejlers AB | 9352 | 173582 |
|  \* | Rottneros AB | 66194 | 41159 |
|  | Rvrc Holding AB | 35929 | 186432 |
|  | Saab AB, Class B | 1715 | 79858 |
|  # | Sandvik AB | 58321 | 1204004 |
|  | Scandi Standard AB | 50561 | 460681 |
|  W | Scandic Hotels Group AB | 139436 | 1085264 |
|  \* | Sdiptech AB, Class B | 22239 | 498053 |
|  | Sectra AB, Class B | 29396 | 901890 |
|  | Securitas AB, Class B**.** | 86558 | 1371663 |
|  \* | Sedana Medical AB | 27416 | 28927 |
|  \* | Sensys Gatso Group AB | 13439 | 59191 |
|  \*W | Sinch AB | 386738 | 899077 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  \* | Sivers Semiconductors AB | 88488 | $33028 |
|  | Skandinaviska Enskilda Banken AB (SEBA SS), Class A | 163787 | 2598918 |
|  | Skandinaviska Enskilda Banken AB (SEBC SS), Class C | 2134 | 36112 |
|  | Skanska AB, Class B | 32847 | 763254 |
|  | SKF AB (SKFA SS), Class A | 6538 | 129732 |
|  | SKF AB (SKFB SS), Class B | 75257 | 1475141 |
|  | SkiStar AB | 28609 | 495483 |
|  # | Softronic AB, Class B | 12877 | 28252 |
|  | Solid Forsakring AB | 14851 | 118604 |
|  | SSAB AB (SSABA SS), Class A | 91373 | 577371 |
|  | SSAB AB (SSABAH FH), Class A | 19797 | 123779 |
|  # | SSAB AB (SSABB SS), Class B | 189962 | 1180783 |
|  | SSAB AB (SSABBH FH), Class B | 112074 | 696808 |
|  \* | Stillfront Group AB | 14069 | 7213 |
|  | Storskogen Group AB, Class B | 556612 | 733351 |
|  | Svedbergs Group AB | 10194 | 53231 |
|  | Svenska Cellulosa AB SCA (SCAA SS), Class A | 4829 | 62167 |
|  | Svenska Cellulosa AB SCA (SCAB SS), Class B | 77203 | 998277 |
|  | Svenska Handelsbanken AB (SHBA SS), Class A | 49338 | 645825 |
|  | Sweco AB, Class B | 41777 | 734948 |
|  | Swedbank AB, Class A | 70453 | 1758778 |
|  \* | Swedish Orphan Biovitrum AB | 2644 | 80416 |
|  | Synsam AB | 76643 | 389969 |
|  | Systemair AB | 52762 | 451832 |
|  | Tele2 AB, Class B | 246030 | 3629936 |
|  | Telefonaktiebolaget LM Ericsson (ERICA SS), Class A | 6776 | 56751 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | Telefonaktiebolaget LM Ericsson (ERICB SS), Class B | 647254 | $| 5467600 |
|  | Telia Co. AB | 775558 |  | 2913360 |
|  \* | TF Bank AB | 5055 |  | 185985 |
|  W | Thule Group AB | 4392 |  | 100111 |
|  | Trelleborg AB, Class B | 5210 |  | 179649 |
|  | Troax Group AB | 15129 |  | 209671 |
|  | VBG Group AB, Class B | 15984 |  | 447446 |
|  | Vitec Software Group AB, Class B | 2567 |  | 117289 |
|  | Vitrolife AB | 4250 |  | 69174 |
|  | Volati AB | 11121 |  | 136983 |
|  | Volvo AB (VOLVA SS), Class A | 39312 |  | 1072292 |
|  | Volvo AB (VOLVB SS), Class B | 276710 |  | 7521952 |
|  #\* | Volvo Car AB, Class B | 283883 |  | 484227 |
|  TOTAL SWEDEN | TOTAL SWEDEN | TOTAL SWEDEN |  | 99039251 |
|  SWITZERLAND — (7.4%) | SWITZERLAND — (7.4%) | SWITZERLAND — (7.4%) | SWITZERLAND — (7.4%) | SWITZERLAND — (7.4%) |
|  | ABB Ltd. | 82312 |  | 4346958 |
|  | Accelleron Industries AG (ACLN SW) | 43933 |  | 2358536 |
|  # | Adecco Group AG | 72740 |  | 1893146 |
|  # | Alcon AG | 92803 |  | 9043564 |
|  | Allreal Holding AG | 11150 |  | 2456791 |
|  | ALSO Holding AG | 5811 |  | 1774711 |
|  | APG SGA SA | 844 |  | 227715 |
|  # | Arbonia AG | 33321 |  | 252862 |
|  \* | Aryzta AG | 978556 |  | 2454376 |
|  | Ascom Holding AG | 13273 |  | 52057 |
|  # | Autoneum Holding AG | 4301 |  | 644595 |
|  | Avolta AG | 47659 |  | 2171714 |
|  | Baloise Holding AG | 27155 |  | 6041240 |
|  | Banque Cantonale de Geneve | 1851 |  | 554636 |
|  # | Banque Cantonale Vaudoise | 12534 |  | 1542655 |
|  | Barry Callebaut AG | 146 |  | 130891 |
|  | Belimo Holding AG | 555 |  | 471562 |
|  | Bell Food Group AG | 1891 |  | 608407 |
|  | Bellevue Group AG | 8269 |  | 86045 |
|  | Berner Kantonalbank AG | 4969 |  | 1528257 |
|  # | Bossard Holding AG, Class A | 6265 |  | 1366207 |
|  # | Bucher Industries AG | 7246 |  | 3129722 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Burckhardt Compression Holding AG | 2497 | $1697687 |
|  | Burkhalter Holding AG | 2829 | 420848 |
|  | Bystronic AG | 849 | 259183 |
|  # | Calida Holding AG | 319 | 6142 |
|  | Carlo Gavazzi Holding AG | 425 | 100160 |
|  | Cembra Money Bank AG | 27467 | 3315507 |
|  | Chocoladefabriken Lindt & Spruengli AG | 6 | 849855 |
|  \* | Cicor Technologies Ltd | 2328 | 313930 |
|  | Cie Financiere Richemont SA, Class A | 23249 | 4108219 |
|  | Cie Financiere Tradition SA | 1519 | 401694 |
|  # | Clariant AG | 47660 | 533460 |
|  | Coca-Cola HBC AG | 37278 | 1941204 |
|  # | Coltene Holding AG | 2682 | 203456 |
|  | CPH Group AG | 566 | 45420 |
|  | Daetwyler Holding AG**.** | 2074 | 299466 |
|  | DKSH Holding AG | 25623 | 1887631 |
|  | dormakaba Holding AG | 2167 | 1827988 |
|  | DSM-Firmenich AG | 6231 | 676893 |
|  | EDAG Engineering Group AG | 7558 | 56370 |
|  | EFG International AG | 90269 | 1365619 |
|  | Emmi AG | 1461 | 1437136 |
|  | EMS-Chemie Holding AG | 172 | 126816 |
|  #\* | Feintool International Holding AG | 1304 | 17558 |
|  | Fenix Outdoor International AG | 1939 | 122278 |
|  | Flughafen Zurich AG | 15555 | 3919590 |
|  | Forbo Holding AG | 698 | 669698 |
|  W | Galenica AG | 42842 | 4487384 |
|  | Geberit AG | 8236 | 5705244 |
|  # | Georg Fischer AG | 58377 | 4220932 |
|  # | Glarner Kantonalbank | 2221 | 59291 |
|  \* | Gurit Holding AG, Class BR | 637 | 10028 |
|  | Helvetia Holding AG | 25170 | 5552440 |
|  | Holcim AG (HOLN FP) | 28089 | 3117408 |
|  | Holcim AG (HOLN SW) | 86588 | 9676026 |
|  | Huber & Suhner AG | 16328 | 1436750 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Hypothekarbank Lenzburg AG | 6 | $29209 |
|  | Implenia AG | 11625 | 657480 |
|  | Inficon Holding AG | 4890 | 518867 |
|  | Interroll Holding AG | 430 | 943689 |
|  | Intershop Holding AG | 696 | 114197 |
|  | Investis Holding SA | 2127 | 313247 |
|  | Julius Baer Group Ltd | 66248 | 4296053 |
|  | Jungfraubahn Holding AG | 3807 | 915662 |
|  | Kardex Holding AG | 4164 | 1049008 |
|  #\* | Komax Holding AG | 2369 | 294730 |
|  \* | Kudelski SA | 20990 | 30616 |
|  | Kuehne & Nagel International AG | 11432 | 2632755 |
|  | Landis & Gyr Group AG | 23146 | 1488683 |
|  | LEM Holding SA | 255 | 212792 |
|  | Logitech International SA (LOGN SW) | 4072 | 309432 |
|  | Lonza Group AG | 1341 | 963521 |
|  | Luzerner Kantonalbank AG | 13887 | 1173964 |
|  W | Medacta Group SA | 1480 | 240261 |
|  W | Medmix AG | 7478 | 93566 |
|  # | Meier Tobler Group AG | 4847 | 203820 |
|  | Metall Zug AG, Class B | 171 | 213139 |
|  # | Mikron Holding AG | 6796 | 131953 |
|  # | Mobilezone Holding AG | 27329 | 375679 |
|  | Mobimo Holding AG | 8741 | 3376137 |
|  \* | Molecular Partners AG | 4682 | 18635 |
|  \*W | Montana Aerospace AG | 4007 | 80022 |
|  | Naturenergie Holding AG | 5362 | 210411 |
|  | Nestle SA | 162887 | 17337266 |
|  | Novartis AG (NOVN SW) | 23271 | 2654225 |
|  | Novartis AG (NVS US), Sponsored ADR | 225915 | 25638987 |
|  | OC Oerlikon Corp. AG Pfaffikon | 82617 | 350473 |
|  | Orell Fuessli AG | 184 | 21840 |
|  | Partners Group Holding AG | 2592 | 3396223 |
|  | Phoenix Mecano AG | 604 | 311060 |
|  | Plazza AG, Class A | 543 | 235325 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  \*W | PolyPeptide Group AG | 13862 | $321194 |
|  # | Rieter Holding AG | 1682 | 143292 |
|  | Roche Holding AG (RO SW) | 2541 | 883955 |
|  | Roche Holding AG (ROG SW) | 52136 | 17047761 |
|  | Romande Energie Holding SA | 649 | 33722 |
|  | Sandoz Group AG (SDZ SW) | 65204 | 2828211 |
|  | Sandoz Group AG (SDZNY US), ADR | 22234 | 964494 |
|  \* | Santhera Pharmaceuticals Holding AG | 1273 | 22428 |
|  | Schindler Holding AG | 1913 | 678243 |
|  | Schweiter Technologies AG | 446 | 205299 |
|  # | Schweizerische Nationalbank | 5 | 19917 |
|  \*W | Sensirion Holding AG | 188 | 14568 |
|  | SFS Group AG | 15315 | 2070215 |
|  | SGS SA | 26547 | 2592611 |
|  | Siegfried Holding AG | 29730 | 3539551 |
|  # | SIG Group AG | 174482 | 3365749 |
|  | Sika AG | 1591 | 397603 |
|  | Softwareone Holding AG | 2343 | 16219 |
|  | Sonova Holding AG | 231 | 71013 |
|  # | St. Galler Kantonalbank AG | 2464 | 1484339 |
|  # | Stadler Rail AG | 33438 | 881994 |
|  | Sulzer AG | 19275 | 3262490 |
|  # | Swatch Group AG (UHR SW) | 1329 | 230638 |
|  # | Swatch Group AG (UHRN SW) | 13872 | 482122 |
|  | Swiss Life Holding AG | 7783 | 7771013 |
|  | Swiss Prime Site AG | 49392 | 6964569 |
|  | Swiss Re AG | 60123 | 10792332 |
|  | Swisscom AG | 10284 | 6858226 |
|  | Swissquote Group Holding SA | 10916 | 5634805 |
|  | Thurgauer Kantonalbank | 163 | 28639 |
|  \* | Trifork Group AG | 2102 | 29849 |
|  | TX Group AG | 2435 | 547797 |
|  | u-blox Holding AG | 4935 | 500199 |
|  | UBS Group AG (UBS US) | 94324 | 2851424 |
|  | UBS Group AG (UBSG SW) | 194963 | 5918173 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Valiant Holding AG | 12691 | $| 1869104 |
|  # | Varia U.S. Properties AG | 184 |  | 4574 |
|  W | VAT Group AG | 852 |  | 307564 |
|  | Vaudoise Assurances Holding SA | 586 |  | 427539 |
|  | Vetropack Holding AG**.** | 7423 |  | 256396 |
|  | Vontobel Holding AG | 27971 |  | 2021284 |
|  | VZ Holding AG | 8536 |  | 1761373 |
|  | V-ZUG Holding AG | 1464 |  | 123282 |
|  | Walliser Kantonalbank | 1792 |  | 269086 |
|  # | Warteck Invest AG | 30 |  | 70098 |
|  | Ypsomed Holding AG | 126 |  | 53685 |
|  | Zehnder Group AG | 8978 |  | 597640 |
|  | Zug Estates Holding AG, Class B | 260 |  | 668246 |
|  | Zuger Kantonalbank | 94 |  | 967200 |
|  | Zurich Insurance Group AG | 8171 |  | 5795450 |
|  TOTAL SWITZERLAND | TOTAL SWITZERLAND | TOTAL SWITZERLAND |  | 279486060 |
|  UNITED KINGDOM — (10.3%) | UNITED KINGDOM — (10.3%) | UNITED KINGDOM — (10.3%) | UNITED KINGDOM — (10.3%) | UNITED KINGDOM — (10.3%) |
|  | 3i Group PLC | 32200 |  | 1825451 |
|  | 4imprint Group PLC | 13580 |  | 622015 |
|  | Aberdeen Group PLC | 708486 |  | 1399265 |
|  \* | Accesso Technology Group PLC | 8593 |  | 54583 |
|  | Admiral Group PLC | 36363 |  | 1581517 |
|  | Advanced Medical Solutions Group PLC | 59728 |  | 153894 |
|  | AG Barr PLC | 27916 |  | 258314 |
|  W | Airtel Africa PLC | 454430 |  | 1039961 |
|  | AJ Bell PLC | 138023 |  | 785522 |
|  W | Alfa Financial Software Holdings PLC | 62803 |  | 186720 |
|  | Allfunds Group PLC | 184663 |  | 1042501 |
|  #\* | Alliance Pharma PLC | 104031 |  | 89693 |
|  | Anglo American PLC | 90104 |  | 2459693 |
|  | Anglo-Eastern Plantations PLC | 16732 |  | 170041 |
|  | Anglogold Ashanti PLC (AU US) | 102657 |  | 4328019 |
|  | Antofagasta PLC | 16978 |  | 372591 |
|  \* | AO World PLC | 151274 |  | 198564 |
|  | Ashmore Group PLC | 10809 |  | 20888 |
|  | Ashtead Group PLC | 133508 |  | 7147005 |
|  | Ashtead Technology Holdings PLC | 4539 |  | 30269 |
|  \* | ASOS PLC | 2062 |  | 7919 |
|  | Associated British Foods PLC | 34468 |  | 950116 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | AstraZeneca PLC (AZN US), Sponsored ADR | 68948 | $4949777 |
|  | Atalaya Mining Copper SA | 2664 | 12991 |
|  \* | Auction Technology Group PLC | 5733 | 44645 |
|  W | Auto Trader Group PLC | 223252 | 2508204 |
|  | Aviva PLC | 51010 | 382187 |
|  | Avon Technologies PLC | 2059 | 37427 |
|  | Babcock International Group PLC | 295445 | 3182765 |
|  | BAE Systems PLC | 91186 | 2113932 |
|  W | Bakkavor Group PLC | 154207 | 354261 |
|  | Balfour Beatty PLC | 168944 | 1033325 |
|  | Barclays PLC (BARC LN) | 674450 | 2686767 |
|  | Barclays PLC (BCS US), Sponsored ADR | 373929 | 6005300 |
|  | Barratt Redrow PLC | 651663 | 4062590 |
|  | Beazley PLC | 168553 | 1997129 |
|  | Bellway PLC | 51846 | 1861361 |
|  | Berkeley Group Holdings PLC | 22346 | 1245648 |
|  | Bloomsbury Publishing PLC | 50401 | 401043 |
|  | Bodycote PLC | 148548 | 944740 |
|  | BP PLC (BP LN) | 1487940 | 6870401 |
|  | BP PLC (BP US), Sponsored ADR | 4950 | 135927 |
|  | Braemar PLC | 12401 | 37415 |
|  | Breedon Group PLC | 38245 | 220030 |
|  W | Bridgepoint Group PLC | 42729 | 153176 |
|  | British American Tobacco PLC (BATS LN) | 144281 | 6284642 |
|  # | British American Tobacco PLC (BTI US), Sponsored ADR | 1755 | 76430 |
|  # | Brooks Macdonald Group PLC | 3245 | 63361 |
|  | BT Group PLC | 3828974 | 8886879 |
|  | Bunzl PLC | 15944 | 501032 |
|  | Burberry Group PLC | 150677 | 1467410 |
|  | Burford Capital Ltd. | 15427 | 211134 |
|  | Bytes Technology Group PLC (BYIT LN) | 150850 | 1025802 |
|  | Capital Ltd. | 117538 | 105680 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Card Factory PLC | 371308 | $470588 |
|  \* | Carnival PLC (CCL LN) | 314 | 5271 |
|  | Carr's Group PLC | 10633 | 18098 |
|  | Castings PLC | 10259 | 35057 |
|  | Central Asia Metals PLC | 169271 | 347327 |
|  | Centrica PLC | 3022229 | 6470688 |
|  | Chemring Group PLC | 44535 | 237877 |
|  | Chesnara PLC | 95475 | 327734 |
|  | Clarkson PLC | 13279 | 583658 |
|  \* | Close Brothers Group PLC | 132896 | 577925 |
|  W | CMC Markets PLC | 101905 | 330837 |
|  | Coats Group PLC | 1046043 | 1013015 |
|  | Coca-Cola Europacific Partners PLC | 21542 | 1940788 |
|  | Compass Group PLC | 65028 | 2192407 |
|  | Computacenter PLC | 25723 | 831966 |
|  W | ConvaTec Group PLC | 41872 | 145575 |
|  | Costain Group PLC | 143088 | 209582 |
|  | Cranswick PLC | 8131 | 562753 |
|  | Crest Nicholson Holdings PLC | 340903 | 821082 |
|  | Croda International PLC | 3011 | 118836 |
|  \* | Currys PLC | 907534 | 1345000 |
|  | CVS Group PLC | 16139 | 231945 |
|  \* | De La Rue PLC | 9815 | 16932 |
|  \* | DFS Furniture PLC | 220782 | 430129 |
|  | Diageo PLC (DEO US), Sponsored ADR | 47927 | 5368783 |
|  | Diploma PLC | 2859 | 151703 |
|  | Direct Line Insurance Group PLC | 535417 | 2022271 |
|  | DiscoverIE Group PLC | 49130 | 372343 |
|  # | Diversified Energy Co. PLC (DEC LN) | 29190 | 367701 |
|  | Dowlais Group PLC | 414070 | 321246 |
|  | Drax Group PLC | 352801 | 2910239 |
|  | Dunelm Group PLC | 58420 | 857909 |
|  | easyJet PLC | 83048 | 550612 |
|  | Ecora Resources PLC | 62855 | 45813 |
|  | Elementis PLC | 223558 | 375762 |
|  # | Endeavour Mining PLC | 122990 | 3332139 |
|  | Energean PLC | 80493 | 953573 |
|  \* | EnQuest PLC | 2449385 | 445195 |
|  | Entain PLC | 96783 | 827389 |
|  | Epwin Group PLC | 15000 | 18503 |
|  | Essentra PLC | 113779 | 136762 |
|  | Eurocell PLC | 26301 | 53345 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  \*†† | Evraz PLC | 67028 | $0 |
|  | Experian PLC | 82899 | 4124312 |
|  | FDM Group Holdings PLC | 8343 | 24965 |
|  | Firstgroup PLC | 858875 | 1981083 |
|  | Foresight Group Holdings Ltd. | 17500 | 86880 |
|  W | Forterra PLC | 15878 | 39584 |
|  | Foxtons Group PLC | 162472 | 128374 |
|  \* | Frasers Group PLC | 57024 | 504208 |
|  \* | Frontier Developments PLC | 8719 | 23339 |
|  | Fuller Smith & Turner PLC, Class A | 27208 | 204285 |
|  \*W | Funding Circle Holdings PLC | 22235 | 33790 |
|  | Future PLC | 49061 | 466575 |
|  | Galliford Try Holdings PLC | 106890 | 556050 |
|  | Games Workshop Group PLC | 14940 | 3076779 |
|  \* | Gaming Realms PLC | 141719 | 75086 |
|  | Gamma Communications PLC | 2192 | 39131 |
|  | GB Group PLC | 94721 | 310426 |
|  #\* | Genel Energy PLC | 176534 | 129703 |
|  | Genuit Group PLC | 130697 | 665548 |
|  \* | Georgia Capital PLC | 21476 | 465290 |
|  | Glencore PLC | 764042 | 2505092 |
|  # | Gooch & Housego PLC | 12228 | 61430 |
|  | Goodwin PLC | 286 | 25881 |
|  | Grainger PLC | 345912 | 992403 |
|  | Greggs PLC | 68837 | 1713696 |
|  \* | Griffin Mining Ltd. | 37665 | 95977 |
|  | GSK PLC (GSK LN) | 71764 | 1419693 |
|  # | GSK PLC (GSK US), Sponsored ADR | 201719 | 8038502 |
|  | Gulf Keystone Petroleum Ltd. | 221870 | 454681 |
|  \* | Gulf Marine Services PLC | 411137 | 93774 |
|  \*W | Gym Group PLC | 191562 | 369303 |
|  | H&T Group PLC | 19362 | 105508 |
|  | Haleon PLC (HLN LN) | 16968 | 85381 |
|  | Halfords Group PLC | 180004 | 372604 |
|  | Harbour Energy PLC | 325430 | 665091 |
|  | Hargreaves Services PLC | 18198 | 148769 |
|  | Harworth Group PLC | 91262 | 213792 |
|  | Hays PLC | 140591 | 134307 |
|  | Headlam Group PLC | 54833 | 57521 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Helical PLC | 109132 | $314378 |
|  | Henry Boot PLC | 62720 | 182262 |
|  | Hikma Pharmaceuticals PLC | 8723 | 231156 |
|  | Hill & Smith PLC | 27752 | 667165 |
|  | Hilton Food Group PLC | 57980 | 689710 |
|  | Hiscox Ltd. | 171383 | 2522362 |
|  \* | Hochschild Mining PLC | 452943 | 1705645 |
|  | Hollywood Bowl Group PLC | 172130 | 672211 |
|  \*W | Hostelworld Group PLC | 38772 | 55522 |
|  | Howden Joinery Group PLC | 263686 | 2711614 |
|  | HSBC Holdings PLC (HSBA LN) | 259243 | 2889880 |
|  # | HSBC Holdings PLC (HSBC US), Sponsored ADR | 111006 | 6225217 |
|  | Hunting PLC | 130129 | 448994 |
|  W | Ibstock PLC | 18912 | 45427 |
|  | IG Group Holdings PLC | 227840 | 3247397 |
|  | IMI PLC | 116217 | 2758159 |
|  | Impax Asset Management Group PLC | 14580 | 29730 |
|  | Imperial Brands PLC | 238012 | 9766359 |
|  | Inchcape PLC | 294056 | 2634913 |
|  | Informa PLC | 24371 | 238079 |
|  | IntegraFin Holdings PLC | 78153 | 319174 |
|  | Intermediate Capital Group PLC | 23269 | 585305 |
|  | International Distribution Services PLC | 651768 | 3185169 |
|  # | International Paper Co. | 150849 | 6862246 |
|  | International Personal Finance PLC | 218647 | 407497 |
|  | International Workplace Group PLC | 273964 | 678331 |
|  | Intertek Group PLC | 27712 | 1701930 |
|  | Investec PLC | 74513 | 467878 |
|  | iomart Group PLC | 64639 | 21701 |
|  \* | IP Group PLC | 505006 | 286216 |
|  #\* | IQE PLC | 169023 | 20479 |
|  | ITV PLC | 207990 | 224170 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | J D Wetherspoon PLC | 87142 | $762025 |
|  | J Sainsbury PLC | 367069 | 1304605 |
|  \* | James Fisher & Sons PLC | 25641 | 103596 |
|  | James Halstead PLC | 15419 | 31592 |
|  | JD Sports Fashion PLC | 729138 | 767641 |
|  | JET2 PLC | 32832 | 694774 |
|  #\* | John Wood Group PLC | 475730 | 117070 |
|  | Johnson Matthey PLC | 20272 | 349033 |
|  | Johnson Service Group PLC | 366429 | 686196 |
|  | Jupiter Fund Management PLC | 30645 | 29622 |
|  | Just Group PLC | 767492 | 1447625 |
|  | Kainos Group PLC | 13116 | 127678 |
|  | Keller Group PLC | 102134 | 1944857 |
|  | Kier Group PLC | 305232 | 593438 |
|  | Kingfisher PLC | 457234 | 1757377 |
|  | Kitwave Group PLC | 28969 | 115224 |
|  | Knights Group Holdings PLC | 24312 | 43796 |
|  | Lancashire Holdings Ltd. | 158278 | 1191374 |
|  | Legal & General Group PLC | 686237 | 2161016 |
|  | Lion Finance Group PLC | 39753 | 3188703 |
|  | Lloyds Banking Group PLC (LLOY LN) | 8411858 | 8264463 |
|  | Lloyds Banking Group PLC (LYG US), ADR | 43332 | 171161 |
|  | London Investment Group PLC | 6467 | 30835 |
|  | London Stock Exchange Group PLC | 3945 | 614310 |
|  | LSL Property Services PLC | 25221 | 94032 |
|  W | Luceco PLC | 13306 | 24604 |
|  | M&C Saatchi PLC | 16863 | 35538 |
|  | M&G PLC | 185587 | 514983 |
|  | Macfarlane Group PLC | 112976 | 156312 |
|  | Man Group PLC | 639449 | 1395699 |
|  | Marks & Spencer Group PLC | 1182464 | 6144727 |
|  | Marshalls PLC | 65374 | 245186 |
|  \* | Marston's PLC | 722235 | 347554 |
|  \* | McBride PLC | 127107 | 244339 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Me Group International PLC | 200583 | $541930 |
|  | Mears Group PLC | 152156 | 787634 |
|  | Melrose Industries PLC | 29821 | 173359 |
|  \* | Metro Bank Holdings PLC | 101058 | 135655 |
|  | Midwich Group PLC | 2307 | 6082 |
|  \* | Mitchells & Butlers PLC | 291273 | 966639 |
|  | Mitie Group PLC | 727166 | 1402242 |
|  | MJ Gleeson PLC | 37226 | 251864 |
|  \* | Mobico Group PLC | 619842 | 257383 |
|  | Mondi PLC | 15503 | 235315 |
|  | MONY Group PLC | 322265 | 872201 |
|  | Morgan Advanced Materials PLC | 228176 | 599098 |
|  | Morgan Sindall Group PLC | 24284 | 1147888 |
|  | MP Evans Group PLC | 6851 | 92470 |
|  | NatWest Group PLC (NWG LN) | 1485378 | 9554379 |
|  # | NatWest Group PLC (NWG US), Sponsored ADR | 4319 | 55801 |
|  | NCC Group PLC | 57681 | 112858 |
|  | Next 15 Group PLC | 21955 | 76146 |
|  | Next PLC | 23716 | 3912583 |
|  | Ninety One PLC | 211047 | 417744 |
|  | Norcros PLC | 69950 | 226684 |
|  \* | Ocado Group PLC | 23076 | 87183 |
|  W | On the Beach Group PLC | 21849 | 77214 |
|  | OSB Group PLC | 156755 | 996374 |
|  | Oxford Instruments PLC | 19262 | 423790 |
|  | Pagegroup PLC | 206747 | 745666 |
|  | Pan African Resources PLC | 2059019 | 1221401 |
|  #\* | Pantheon Resources PLC | 319673 | 149940 |
|  | Paragon Banking Group PLC | 215007 | 2428950 |
|  | PayPoint PLC | 47802 | 431577 |
|  # | Pearson PLC (PSO US), Sponsored ADR | 6300 | 102375 |
|  | Pearson PLC (PSON LN) | 8619 | 138173 |
|  | Pennon Group PLC | 10683 | 71516 |
|  | Persimmon PLC | 30384 | 525825 |
|  | Pets at Home Group PLC | 342483 | 1084681 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Pharos Energy PLC | 192876 | $48990 |
|  | Phoenix Group Holdings PLC | 41823 | 334598 |
|  \* | Pinewood Technologies Group PLC | 50578 | 244150 |
|  \* | Playtech PLC | 21033 | 213450 |
|  | Polar Capital Holdings PLC | 66822 | 350533 |
|  | Porvair PLC | 5705 | 56436 |
|  | PPHE Hotel Group Ltd. | 7220 | 120214 |
|  | Premier Foods PLC | 561362 | 1488291 |
|  | Prudential PLC (PRU LN) | 17135 | 182193 |
|  | QinetiQ Group PLC | 86454 | 455058 |
|  W | Quilter PLC | 245353 | 441474 |
|  | Rank Group PLC | 58841 | 67118 |
|  | Rathbones Group PLC | 743 | 15643 |
|  \*†† | Raven Property Group Ltd. | 76713 | 0 |
|  | Reach PLC | 389182 | 394508 |
|  | Reckitt Benckiser Group PLC | 194710 | 12567856 |
|  | Record PLC | 85439 | 60550 |
|  | RELX PLC (RELX US), Sponsored ADR | 71103 | 3884357 |
|  | RELX PLC (REN NA) | 1141 | 62115 |
|  | Renew Holdings PLC | 50132 | 507444 |
|  | Renewi PLC | 85801 | 984788 |
|  | Renold PLC | 112786 | 71655 |
|  | Rentokil Initial PLC | 90463 | 414437 |
|  # | Ricardo PLC | 36428 | 119573 |
|  | Rightmove PLC | 345183 | 3409081 |
|  | Rio Tinto PLC (RIO LN) | 7021 | 418377 |
|  # | Rio Tinto PLC (RIO US), Sponsored ADR | 88380 | 5249772 |
|  | Robert Walters PLC | 28483 | 86205 |
|  \* | Rockhopper Exploration PLC | 470244 | 306356 |
|  | Rotork PLC | 65437 | 266444 |
|  | RS Group PLC | 17075 | 117732 |
|  | RWS Holdings PLC | 42267 | 37768 |
|  | S&U PLC | 1358 | 25961 |
|  \* | Saga PLC | 107120 | 187120 |
|  | Sage Group PLC | 98770 | 1637472 |
|  \* | Savannah Energy PLC | 548390 | 52986 |
|  | Savills PLC | 63846 | 791752 |
|  | Schroders PLC | 15211 | 67024 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Secure Trust Bank PLC | 13910 | $109951 |
|  | Senior PLC | 112837 | 208383 |
|  | Serco Group PLC | 812170 | 1863903 |
|  | Serica Energy PLC | 206644 | 350775 |
|  | Shell PLC (SHEL LN) | 153886 | 4966170 |
|  | Shell PLC (SHEL US), ADR | 370573 | 23894547 |
|  \* | SIG PLC | 49166 | 10201 |
|  \* | Sigmaroc PLC | 228265 | 276465 |
|  | Smith & Nephew PLC (SNN US), Sponsored ADR | 15300 | 428706 |
|  | Smiths Group PLC | 9885 | 246330 |
|  | Softcat PLC | 59464 | 1328104 |
|  | Spectris PLC | 15731 | 421124 |
|  | Speedy Hire PLC | 467932 | 122518 |
|  | Spirax Group PLC | 2073 | 163386 |
|  W | Spire Healthcare Group PLC | 283006 | 731749 |
|  \* | Spirent Communications PLC | 234685 | 578628 |
|  | SSE PLC | 83541 | 1883521 |
|  | SSP Group PLC | 236015 | 467444 |
|  | St. James's Place PLC | 99390 | 1252845 |
|  | Standard Chartered PLC | 235313 | 3389273 |
|  | SThree PLC | 99863 | 324664 |
|  \*†† | Studio Retail Group PLC | 41980 | 0 |
|  | Tate & Lyle PLC | 33990 | 253330 |
|  | Tatton Asset Management PLC | 1745 | 14438 |
|  | Taylor Wimpey PLC | 553900 | 870347 |
|  | TBC Bank Group PLC | 39463 | 2495818 |
|  | Telecom Plus PLC | 43906 | 1110098 |
|  | Tesco PLC | 1524768 | 7546079 |
|  \* | THG PLC | 42101 | 13898 |
|  | Topps Tiles PLC | 94299 | 39502 |
|  # | TORM PLC, Class A | 59520 | 991967 |
|  | TP ICAP Group PLC | 662927 | 2276452 |
|  | Travis Perkins PLC | 70883 | 529111 |
|  | Trifast PLC | 55451 | 49457 |
|  | TT Electronics PLC | 123250 | 120066 |
|  # | Ultimate Products PLC | 14356 | 12264 |
|  # | Unilever PLC (UL US), Sponsored ADR | 215138 | 13672020 |
|  | Vertu Motors PLC | 320253 | 263626 |
|  | Vesuvius PLC | 229186 | 1046829 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Victorian Plumbing Group PLC | 23017 | $| 30031 |
|  | Victrex PLC | 1019 |  | 11311 |
|  \* | Videndum PLC | 13608 |  | 14562 |
|  \* | Vistry Group PLC | 118775 |  | 1001385 |
|  | Vodafone Group PLC (VOD LN) | 2093048 |  | 2056839 |
|  # | Volex PLC | 38790 |  | 131982 |
|  | Volution Group PLC | 64022 |  | 484828 |
|  | Vp PLC | 2603 |  | 20488 |
|  \*W | Watches of Switzerland Group PLC | 41973 |  | 199699 |
|  | Weir Group PLC | 10343 |  | 311774 |
|  | WH Smith PLC | 62818 |  | 760167 |
|  | Whitbread PLC | 25852 |  | 897867 |
|  | Wickes Group PLC | 284546 |  | 723275 |
|  | WPP PLC (WPP LN) | 78757 |  | 610568 |
|  # | WPP PLC (WPP US), Sponsored ADR | 4021 |  | 155050 |
|  \* | Xaar PLC | 64800 |  | 89933 |
|  | XPS Pensions Group PLC | 55236 |  | 283254 |
|  | Young & Co.'s Brewery PLC (YNGA LN), Class A | 12209 |  | 143542 |
|  | Young & Co.'s Brewery PLC (YNGN LN) | 2478 |  | 19398 |
|  | Zigup PLC | 270064 |  | 1127650 |
|  | Zotefoams PLC | 5031 |  | 16577 |
|  TOTAL UNITED KINGDOM | TOTAL UNITED KINGDOM | TOTAL UNITED KINGDOM |  | 391414654 |
|  UNITED STATES — (0.0%) | UNITED STATES — (0.0%) | UNITED STATES — (0.0%) | UNITED STATES — (0.0%) | UNITED STATES — (0.0%) |
|  \* | ADTRAN Holdings, Inc. | 46346 |  | 355268 |
|  | Alcoa Corp., CDI | 721 |  | 17970 |
|  \* | Coeur Mining, Inc. | 107593 |  | 597142 |
|  TOTAL UNITED STATES | TOTAL UNITED STATES | TOTAL UNITED STATES |  | 970380 |
|  TOTAL COMMON STOCKS | TOTAL COMMON STOCKS | TOTAL COMMON STOCKS |  | 3581219315 |
|  PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) |
|  GERMANY — (0.3%) | GERMANY — (0.3%) | GERMANY — (0.3%) | GERMANY — (0.3%) | GERMANY — (0.3%) |
|  | Bayerische Motoren Werke AG, 8.479% | 11102 |  | 895895 |
|  W | Dr. Ing hc F Porsche AG, 5.225% | 18646 |  | 937365 |
|  | Draegerwerk AG & Co. KGaA, 3.010% | 5950 |  | 405434 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | Einhell Germany AG, 1.478% | 5751 | $| 429324 |
|  | FUCHS SE, 2.506% | 40107 |  | 2011071 |
|  | Henkel AG & Co. KGaA, 2.969% | 17915 |  | 1391393 |
|  | Jungheinrich AG, 2.370% | 31156 |  | 1132296 |
|  | Porsche Automobil Holding SE, 7.072% | 13994 |  | 576985 |
|  | Sixt SE, 6.712% | 12394 |  | 825447 |
|  | STO SE & Co. KGaA, 3.994% | 2398 |  | 342939 |
|  | Villeroy & Boch AG, 6.140% | 6471 |  | 126836 |
|  | Volkswagen AG, 9.469% | 30393 |  | 3307073 |
|  TOTAL GERMANY | TOTAL GERMANY | TOTAL GERMANY |  | 12382058 |
|  RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
|  AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) |
|  \* | Black Cat Syndicate Ltd. Warrants 11/14/2025 | 2760 |  | 1114 |
|  \* | Galan Lithium Ltd. Warrants 07/24/2025 | 852 |  | 0 |
|  \* | Silver Mines Ltd. Rights 06/17/26 | 972 |  | 0 |
|  TOTAL AUSTRALIA | TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 1114 |
|  CANADA — (0.0%) | CANADA — (0.0%) | CANADA — (0.0%) | CANADA — (0.0%) | CANADA — (0.0%) |
|  \* | Constellation Software, Inc. Warrants 03/31/2040 | 1092 |  | 0 |
|  HONG KONG — (0.0%) | HONG KONG — (0.0%) | HONG KONG — (0.0%) | HONG KONG — (0.0%) | HONG KONG — (0.0%) |
|  \* | APAC Resources Ltd. Warrants 12/15/2027 | 46181 |  | 804 |
|  ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) |
|  #\* | Webuild SpA Warrants 08/02/2030 | 10221 |  | 0 |
|  PORTUGAL — (0.0%) | PORTUGAL — (0.0%) | PORTUGAL — (0.0%) | PORTUGAL — (0.0%) | PORTUGAL — (0.0%) |
|  #\* | EDP Renovaveis SA Rights 05/07/2025 | 26074 |  | 2658 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SPAIN — (0.0%) | SPAIN — (0.0%) | SPAIN — (0.0%) | SPAIN — (0.0%) |
|  \* | Obrascon Huarte Lain SA Rights 05/15/2025 | 303962 | $1618 |
|  TOTAL RIGHTS/WARRANTS | TOTAL RIGHTS/WARRANTS |  | 6194 |
|  TOTAL INVESTMENT SECURITIES<br>(Cost $2,434,789,115) | TOTAL INVESTMENT SECURITIES<br>(Cost $2,434,789,115) |  | 3593607567 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
|  SECURITIES LENDING COLLATERAL — (5.2%) | SECURITIES LENDING COLLATERAL — (5.2%) | SECURITIES LENDING COLLATERAL — (5.2%) | SECURITIES LENDING COLLATERAL — (5.2%) |
|  @§ | The DFA Short Term Investment Fund | 16967519 | $196229361 |
|  TOTAL INVESTMENTS — (100.0%)<br>(Cost $2,631,036,733) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $2,631,036,733) |  | $3789836928 |

---

As of April 30, 2025, International Vector Equity Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration<br>Date** | **Notional<br>Value** | **Market**<br>**Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Position Contracts:** |  |  |  |  |  |
|  S&P 500<sup>®</sup> Emini Index | 93 | 06/20/25 | $24649091 | $25979550 | $1330459 |
|  **Total Futures Contracts** |  |  | $**24649091** | $**25979550** | **$1330459** |

---

As of April 30, 2025, the value of Rule 144A securities amounted to $72,095,592 or 2.0% of net assets.

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 1**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 2**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 3**  | **Total** |
|  **Assets** |  |  |  |  |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Australia | $778562 | $222549323 | $28644 | $223356529 |
| &nbsp;&nbsp;&nbsp;&nbsp; Austria |  | 23746369 |  | 23746369 |
| &nbsp;&nbsp;&nbsp;&nbsp; Belgium | 663610 | 57739158 |  | 58402768 |
| &nbsp;&nbsp;&nbsp;&nbsp; Canada | 391437194 | 2280538 | 1358 | 393719090 |
| &nbsp;&nbsp;&nbsp;&nbsp; China |  | 26693 |  | 26693 |
| &nbsp;&nbsp;&nbsp;&nbsp; Denmark |  | 88633828 |  | 88633828 |
| &nbsp;&nbsp;&nbsp;&nbsp; Finland |  | 63694256 |  | 63694256 |
| &nbsp;&nbsp;&nbsp;&nbsp; France | 72752 | 262452970 |  | 262525722 |
| &nbsp;&nbsp;&nbsp;&nbsp; Germany | 7621115 | 307506424 |  | 315127539 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hong Kong |  | 46227747 | 31599 | 46259346 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ireland | 674673 | 25580591 |  | 26255264 |
| &nbsp;&nbsp;&nbsp;&nbsp; Israel | 2149218 | 32964100 |  | 35113318 |
| &nbsp;&nbsp;&nbsp;&nbsp; Italy |  | 93039141 |  | 93039141 |
| &nbsp;&nbsp;&nbsp;&nbsp; Japan | 10488617 | 837516161 |  | 848004778 |
| &nbsp;&nbsp;&nbsp;&nbsp; Liechtenstein |  | 1417079 |  | 1417079 |
| &nbsp;&nbsp;&nbsp;&nbsp; Luxembourg | 1749128 | 9689545 |  | 11438673 |
| &nbsp;&nbsp;&nbsp;&nbsp; Monaco |  | 61825 |  | 61825 |
| &nbsp;&nbsp;&nbsp;&nbsp; Netherlands | 16288794 | 119117029 |  | 135405823 |
| &nbsp;&nbsp;&nbsp;&nbsp; New Zealand | 10848 | 10668641 |  | 10679489 |
| &nbsp;&nbsp;&nbsp;&nbsp; Norway |  | 25811845 | 35652 | 25847497 |
| &nbsp;&nbsp;&nbsp;&nbsp; Portugal |  | 12575743 |  | 12575743 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL VECTOR EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 1**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 2**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 3**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total**  |
| &nbsp;&nbsp;&nbsp;&nbsp; Singapore |  | $34892109 |  | $34892109 |
| &nbsp;&nbsp;&nbsp;&nbsp; Spain | $115598 | 99970493 |  | 100086091 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sweden |  | 99039251 |  | 99039251 |
| &nbsp;&nbsp;&nbsp;&nbsp; Switzerland | 35269826 | 244216234 |  | 279486060 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Kingdom | 86126869 | 305287785 |  | 391414654 |
| &nbsp;&nbsp;&nbsp;&nbsp; United States | 597142 | 373238 |  | 970380 |
|  Preferred Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Germany |  | 12382058 |  | 12382058 |
|  Rights/Warrants |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Australia |  | 1114 |  | 1114 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hong Kong |  | 804 |  | 804 |
| &nbsp;&nbsp;&nbsp;&nbsp; Portugal |  | 2658 |  | 2658 |
| &nbsp;&nbsp;&nbsp;&nbsp; Spain |  | 1618 |  | 1618 |
|  Securities Lending Collateral |  | 196229361 |  | 196229361 |
|  Total Investments in Securities | $554043946 | $3235695729 | $97,253<> | $3789836928 |
|  **Financial Instruments** |  |  |  |  |
|  **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts\*\* | 1330459 |  |  | 1330459 |
|  Total Financial Instruments | $1330459 |  |  | $1330459 |

---

\*\* Valued at the unrealized appreciation/(depreciation) on the investment.

<> A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COMMON STOCKS — (94.2%) | COMMON STOCKS — (94.2%) | COMMON STOCKS — (94.2%) | COMMON STOCKS — (94.2%) |
|  AUSTRALIA — (5.7%) | AUSTRALIA — (5.7%) | AUSTRALIA — (5.7%) | AUSTRALIA — (5.7%) |
|  | ALS Ltd. | 125583 | $1377955 |
|  | Ampol Ltd. | 36110 | 548302 |
|  | Aristocrat Leisure Ltd. | 95426 | 4075554 |
|  | Aurizon Holdings Ltd. | 116725 | 228514 |
|  | BHP Group Ltd. (BHP AU) | 172250 | 4105346 |
|  # | BHP Group Ltd. (BHP LN), Class DI | 166810 | 3967040 |
|  # | BHP Group Ltd. (BHP US), Sponsored ADR | 365914 | 17399211 |
|  | Brambles Ltd. | 480230 | 6311018 |
|  | Cochlear Ltd. | 3417 | 598421 |
|  | Coles Group Ltd. | 374620 | 5087267 |
|  | Computershare Ltd. | 100387 | 2623253 |
|  | Endeavour Group Ltd. | 379725 | 971302 |
|  | Evolution Mining Ltd. | 550597 | 2761255 |
|  | Fortescue Ltd. | 430147 | 4442423 |
|  | Hafnia Ltd. | 64009 | 295056 |
|  | JB Hi-Fi Ltd. | 45491 | 3014585 |
|  | Lottery Corp. Ltd. | 404732 | 1348780 |
|  | Medibank Pvt Ltd. | 791084 | 2353257 |
|  | Netwealth Group Ltd. | 35013 | 629080 |
|  | Pro Medicus Ltd. | 17321 | 2539784 |
|  | Qantas Airways Ltd. | 42577 | 240727 |
|  # | Ramsay Health Care Ltd. | 3770 | 80266 |
|  | REA Group Ltd. | 17630 | 2801050 |
|  | Rio Tinto Ltd. | 89943 | 6729286 |
|  | SGH Ltd. | 42548 | 1391518 |
|  | Technology One Ltd. | 75294 | 1453338 |
|  | Telstra Group Ltd. (TLS AU) | 1018886 | 2940603 |
|  | Wesfarmers Ltd. | 209238 | 10482039 |
|  | Woolworths Group Ltd. | 243657 | 4917640 |
|  # | Yancoal Australia Ltd. | 135682 | 432644 |
|  TOTAL AUSTRALIA | TOTAL AUSTRALIA | TOTAL AUSTRALIA | 96146514 |
|  AUSTRIA — (0.2%) | AUSTRIA — (0.2%) | AUSTRIA — (0.2%) | AUSTRIA — (0.2%) |
|  | Erste Group Bank AG | 941 | 63726 |
|  | OMV AG | 35452 | 1832996 |
|  | Verbund AG | 11094 | 852585 |
|  TOTAL AUSTRIA | TOTAL AUSTRIA | TOTAL AUSTRIA | 2749307 |
|  BELGIUM — (0.7%) | BELGIUM — (0.7%) | BELGIUM — (0.7%) | BELGIUM — (0.7%) |
|  | Anheuser-Busch InBev SA (ABI BB) | 66320 | 4371082 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) |
|  | KBC Group NV | 64672 | $| 5963325 |
|  # | Lotus Bakeries NV | 15 |  | 144226 |
|  | Syensqo SA | 27565 |  | 1971801 |
|  TOTAL BELGIUM | TOTAL BELGIUM | TOTAL BELGIUM |  | 12450434 |
|  CANADA — (9.2%) | CANADA — (9.2%) | CANADA — (9.2%) | CANADA — (9.2%) | CANADA — (9.2%) |
|  | Alimentation Couche-Tard, Inc. | 156194 |  | 8152996 |
|  | ARC Resources Ltd. | 266706 |  | 4935202 |
|  | BCE, Inc. (BCE US) | 16155 |  | 359449 |
|  | Canadian National Railway Co. (CNI US) | 28125 |  | 2723063 |
|  | Canadian National Railway Co. (CNR CN) | 66354 |  | 6426028 |
|  | Canadian Natural Resources Ltd. (CNQ US) | 351301 |  | 10078826 |
|  | Canadian Tire Corp. Ltd., Class A | 3570 |  | 390716 |
|  | CCL Industries, Inc., Class B | 37629 |  | 1966338 |
|  \* | Celestica, Inc. (CLS US) | 31528 |  | 2690915 |
|  | Cenovus Energy, Inc. (CVE US) | 357999 |  | 4213648 |
|  | CGI, Inc. (GIB US) | 4171 |  | 442376 |
|  | CGI, Inc. (GIBA CN) | 49794 |  | 5279912 |
|  | Colliers International Group, Inc. (CIGI US) | 6466 |  | 771846 |
|  | Constellation Software, Inc. | 4186 |  | 15085966 |
|  | Dollarama, Inc. | 65991 |  | 8142368 |
|  | Element Fleet Management Corp. | 99661 |  | 2182479 |
|  | Empire Co. Ltd., Class A | 68713 |  | 2551941 |
|  | FirstService Corp. (FSV CN) | 6538 |  | 1147493 |
|  | FirstService Corp. (FSV US) | 1697 |  | 297874 |
|  | George Weston Ltd. | 24034 |  | 4682673 |
|  | Gildan Activewear, Inc. (GIL US) | 60328 |  | 2782327 |
|  | iA Financial Corp., Inc. | 12421 |  | 1206601 |
|  | Imperial Oil Ltd. (IMO US) | 33886 |  | 2283239 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Intact Financial Corp. | 200 | $44418 |
|  | Keyera Corp. | 49577 | 1538807 |
|  | Kinross Gold Corp. (KGC US) | 397858 | 5872384 |
|  | Loblaw Cos. Ltd. | 24582 | 3990608 |
|  | Lundin Mining Corp. | 24679 | 201929 |
|  # | Magna International, Inc. (MG CN) | 43120 | 1498221 |
|  | Magna International, Inc. (MGA US) | 53530 | 1860703 |
|  | MEG Energy Corp. | 63900 | 896436 |
|  | Metro, Inc. | 45013 | 3468868 |
|  # | National Bank of Canada | 77061 | 6768131 |
|  | Open Text Corp. (OTEX CN) | 21163 | 572902 |
|  | Parkland Corp. | 1479 | 37259 |
|  | Quebecor, Inc., Class B | 34134 | 936419 |
|  | RB Global, Inc. (RBA US) | 16123 | 1623586 |
|  | Restaurant Brands International, Inc. (QSR CN) | 19350 | 1246816 |
|  # | Restaurant Brands International, Inc. (QSR US) | 39187 | 2523643 |
|  | Rogers Communications, Inc. (RCI US), Class B | 19233 | 501789 |
|  # | Rogers Communications, Inc. (RCIB CN), Class B | 130937 | 3413518 |
|  # | South Bow Corp. | 11641 | 287406 |
|  | Stantec, Inc. (STN CN) | 1995 | 175102 |
|  | Stantec, Inc. (STN US) | 15440 | 1355632 |
|  | Suncor Energy, Inc. (SU US) | 253719 | 8953744 |
|  | TFI International, Inc. (TFII CN) | 23500 | 1910377 |
|  | TFI International, Inc. (TFII US) | 2000 | 162660 |
|  # | Thomson Reuters Corp. (TRI US) | 7259 | 1350029 |
|  | Toromont Industries Ltd. | 28093 | 2376881 |
|  | Tourmaline Oil Corp. | 101517 | 4484539 |
|  | Waste Connections, Inc. (WCN US) | 22078 | 4363275 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | WSP Global, Inc. | 24613 | $4362711 |
|  TOTAL CANADA | TOTAL CANADA |  | 155573069 |
|  DENMARK — (1.8%) | DENMARK — (1.8%) |  |  |
|  # | Coloplast AS, Class B | 3727 | 421759 |
|  | Novo Nordisk AS (NOVOB DC), Class B | 364085 | 24343273 |
|  | Pandora AS | 36743 | 5469668 |
|  TOTAL DENMARK | TOTAL DENMARK |  | 30234700 |
|  FINLAND — (0.9%) | FINLAND — (0.9%) |  |  |
|  | Elisa OYJ | 24829 | 1324578 |
|  | Kesko OYJ (KESKOA FH), Class A | 40243 | 899918 |
|  | Kone OYJ, Class B | 78750 | 4877130 |
|  # | Metso OYJ | 152746 | 1659693 |
|  | Nordea Bank Abp (NDA FH) | 148383 | 2054948 |
|  | Sampo OYJ, Class A | 266260 | 2667554 |
|  | Wartsila OYJ Abp | 90790 | 1677466 |
|  TOTAL FINLAND | TOTAL FINLAND |  | 15161287 |
|  FRANCE — (7.9%) | FRANCE — (7.9%) |  |  |
|  | Bouygues SA | 36959 | 1624544 |
|  | Bureau Veritas SA | 121130 | 3845036 |
|  | Eiffage SA | 39175 | 5330650 |
|  | Hermes International SCA | 6104 | 16787098 |
|  | LVMH Moet Hennessy Louis Vuitton SE | 65240 | 36138349 |
|  | Orange SA (ORA FP) | 879667 | 12762246 |
|  | Safran SA | 65453 | 17418330 |
|  | Sodexo SA | 12295 | 780447 |
|  | Thales SA | 16027 | 4489521 |
|  | TotalEnergies SE (TTE FP) | 589840 | 33594455 |
|  TOTAL FRANCE | TOTAL FRANCE |  | 132770676 |
|  GERMANY — (8.0%) | GERMANY — (8.0%) |  |  |
|  | adidas AG | 25105 | 5776448 |
|  | BASF SE | 112173 | 5728615 |
|  | Bayer AG | 221721 | 5810683 |
|  | Bayerische Motoren Werke AG | 53003 | 4495581 |
|  | Brenntag SE | 55311 | 3693882 |
|  | Continental AG | 26439 | 2066859 |
|  | CTS Eventim AG & Co. KGaA | 12327 | 1460589 |
|  | Daimler Truck Holding AG | 143697 | 5773239 |
|  | Deutsche Boerse AG | 38503 | 12401580 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) |  |  |  |
|  | Deutsche Post AG | 223799 | $| 9562483 |
|  | Deutsche Telekom AG (DTE GR) | 636665 |  | 22867437 |
|  | E.ON SE | 17875 |  | 312626 |
|  | GEA Group AG | 22438 |  | 1463848 |
|  | Hella GmbH & Co. KGaA | 945 |  | 94986 |
|  | HOCHTIEF AG | 2891 |  | 546963 |
|  | Infineon Technologies AG (IFX GR) | 249000 |  | 8247638 |
|  | Knorr-Bremse AG | 21432 |  | 2125556 |
|  | Mercedes-Benz Group AG | 29343 |  | 1754383 |
|  | MTU Aero Engines AG | 4206 |  | 1455720 |
|  | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | 5984 |  | 4096703 |
|  | Nemetschek SE | 19407 |  | 2578894 |
|  | Rational AG | 1286 |  | 1103432 |
|  | Rheinmetall AG | 17613 |  | 29995859 |
|  | Volkswagen AG | 4158 |  | 464180 |
|  TOTAL GERMANY | TOTAL GERMANY |  |  | 133878184 |
|  HONG KONG — (1.5%) | HONG KONG — (1.5%) | HONG KONG — (1.5%) | HONG KONG — (1.5%) | HONG KONG — (1.5%) |
|  | AIA Group Ltd. | 569200 |  | 4264965 |
|  | Cathay Pacific Airways Ltd. | 238000 |  | 273478 |
|  | HKT Trust & HKT Ltd. | 2020000 |  | 2874418 |
|  | Hong Kong Exchanges & Clearing Ltd. | 229237 |  | 10015292 |
|  | SITC International Holdings Co. Ltd. | 259000 |  | 717161 |
|  | Techtronic Industries Co. Ltd. | 438000 |  | 4408024 |
|  W | WH Group Ltd. | 2039863 |  | 1824061 |
|  TOTAL HONG KONG | TOTAL HONG KONG |  |  | 24377399 |
|  IRELAND — (0.5%) | IRELAND — (0.5%) | IRELAND — (0.5%) | IRELAND — (0.5%) | IRELAND — (0.5%) |
|  | AIB Group PLC | 149539 |  | 1005061 |
|  \* | James Hardie Industries PLC (JHX AU), CDI | 150492 |  | 3532377 |
|  | Kingspan Group PLC (KSP ID) | 38555 |  | 3253441 |
|  | Smurfit WestRock PLC | 7352 |  | 308931 |
|  TOTAL IRELAND | TOTAL IRELAND |  |  | 8099810 |
|  ISRAEL — (0.6%) | ISRAEL — (0.6%) | ISRAEL — (0.6%) | ISRAEL — (0.6%) | ISRAEL — (0.6%) |
|  | Bank Leumi Le-Israel BM | 58029 |  | 824071 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) |  |  |  |
|  | Bezeq The Israeli Telecommunication Corp. Ltd. | 544901 | $| 828596 |
|  | Clal Insurance Enterprises Holdings Ltd. | 3109 |  | 85305 |
|  | Delek Group Ltd. | 3056 |  | 487538 |
|  | Electra Ltd. | 331 |  | 175095 |
|  \* | Fattal Holdings 1998 Ltd. | 2058 |  | 268766 |
|  | First International Bank of Israel Ltd. | 7956 |  | 436978 |
|  | Hilan Ltd. | 2776 |  | 177235 |
|  | Matrix IT Ltd. | 6755 |  | 165342 |
|  | Menora Mivtachim Holdings Ltd. | 7524 |  | 398523 |
|  | Mizrahi Tefahot Bank Ltd. | 32684 |  | 1655036 |
|  | Next Vision Stabilized Systems Ltd. | 10203 |  | 268767 |
|  | Paz Retail & Energy Ltd. | 1708 |  | 241162 |
|  | Phoenix Financial Ltd. | 47121 |  | 927956 |
|  | Shufersal Ltd. | 37120 |  | 347550 |
|  \* | Teva Pharmaceutical Industries Ltd. (TEVA IT) | 23641 |  | 366593 |
|  \* | Teva Pharmaceutical Industries Ltd. (TEVA US), Sponsored ADR | 116283 |  | 1803549 |
|  TOTAL ISRAEL | TOTAL ISRAEL |  |  | 9458062 |
|  ITALY — (1.7%) | ITALY — (1.7%) | ITALY — (1.7%) | ITALY — (1.7%) | ITALY — (1.7%) |
|  | Banca Mediolanum SpA | 58170 |  | 869633 |
|  | Enel SpA | 1636772 |  | 14189132 |
|  | Eni SpA (ENI IM) | 309584 |  | 4433719 |
|  | FinecoBank Banca Fineco SpA | 141842 |  | 2838390 |
|  | Moncler SpA | 39460 |  | 2435506 |
|  | PRADA SpA | 215800 |  | 1347423 |
|  | Recordati Industria Chimica e Farmaceutica SpA | 23393 |  | 1380382 |
|  | UniCredit SpA | 30257 |  | 1760378 |
|  TOTAL ITALY | TOTAL ITALY |  |  | 29254563 |
|  JAPAN — (20.8%) | JAPAN — (20.8%) | JAPAN — (20.8%) | JAPAN — (20.8%) | JAPAN — (20.8%) |
|  | Advantest Corp. | 132000 |  | 5522344 |
|  | Aeon Co. Ltd. | 174800 |  | 5169041 |
|  | Air Water, Inc. | 74984 |  | 1022512 |
|  | Ajinomoto Co., Inc. | 164800 |  | 3370831 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Asahi Intecc Co. Ltd. | 15800 | $242922 |
|  | Asics Corp. | 131000 | 2815720 |
|  | Astellas Pharma, Inc. | 138000 | 1381952 |
|  | Bandai Namco Holdings, Inc. | 77100 | 2679419 |
|  | BayCurrent, Inc. | 49200 | 2651072 |
|  | BIPROGY, Inc. | 34900 | 1139770 |
|  | Bridgestone Corp. | 86900 | 3633737 |
|  | Capcom Co. Ltd. | 137800 | 3989380 |
|  | Chugai Pharmaceutical Co. Ltd. | 147900 | 8520447 |
|  | Cosmo Energy Holdings Co. Ltd. | 15500 | 636152 |
|  | Cosmos Pharmaceutical Corp. | 14400 | 926490 |
|  | CyberAgent, Inc. | 5400 | 46224 |
|  | Daicel Corp. | 44900 | 382196 |
|  | Daifuku Co. Ltd. | 42300 | 1119024 |
|  | Daikin Industries Ltd. | 31200 | 3554405 |
|  | Daito Trust Construction Co. Ltd. | 30999 | 3451336 |
|  | Daiwa House Industry Co. Ltd. | 126300 | 4569903 |
|  | Dentsu Soken, Inc. | 4500 | 197064 |
|  | Dexerials Corp. | 37200 | 437065 |
|  | Disco Corp. | 16400 | 3173063 |
|  # | DMG Mori Co. Ltd. | 5900 | 102552 |
|  | Ebara Corp. | 153500 | 2305843 |
|  | Fast Retailing Co. Ltd. | 31800 | 10460444 |
|  | Food & Life Cos. Ltd. | 15500 | 573581 |
|  | Fuji Electric Co. Ltd. | 33000 | 1467402 |
|  | Fujikura Ltd. | 71500 | 2660291 |
|  | Fujitsu Ltd. | 295200 | 6558002 |
|  | Fuyo General Lease Co. Ltd. | 11700 | 326482 |
|  | GMO Payment Gateway, Inc. | 8660 | 542404 |
|  | Goldwin, Inc. | 9400 | 538923 |
|  # | Hitachi Construction Machinery Co. Ltd. | 27100 | 809880 |
|  | Hitachi Ltd. (6501 JP) | 171900 | 4248597 |
|  | Hoya Corp. | 63300 | 7448263 |
|  | IHI Corp. | 14700 | 1151482 |
|  | Inpex Corp. | 249400 | 3119867 |
|  | Internet Initiative Japan, Inc. | 47200 | 875247 |
|  | Isuzu Motors Ltd. | 177100 | 2381718 |
|  | J Front Retailing Co. Ltd. | 56700 | 694016 |
|  | Japan Airlines Co. Ltd. | 35500 | 643168 |
|  | Japan Airport Terminal Co. Ltd. | 15500 | 445826 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Japan Exchange Group, Inc. | 442900 | $4927600 |
|  | Japan Tobacco, Inc. | 128800 | 3968075 |
|  | Kakaku.com, Inc. | 20400 | 360792 |
|  | Kawasaki Heavy Industries Ltd. | 42000 | 2505370 |
|  | KDDI Corp. | 763000 | 13523113 |
|  | Kobe Bussan Co. Ltd. | 50200 | 1534118 |
|  | Kobe Steel Ltd. | 98300 | 1152851 |
|  | Komatsu Ltd. | 155100 | 4485424 |
|  | Konami Group Corp. | 24500 | 3498990 |
|  | Kuraray Co. Ltd. | 67100 | 783828 |
|  | Kurita Water Industries Ltd. | 27200 | 900528 |
|  # | Lasertec Corp. | 14300 | 1329476 |
|  | Marui Group Co. Ltd. | 2900 | 57726 |
|  | Maruwa Co. Ltd. | 1300 | 267314 |
|  | McDonald's Holdings Co. Japan Ltd. | 28400 | 1200848 |
|  | Minebea Mitsumi, Inc. | 12900 | 189063 |
|  | Mitsubishi Chemical Group Corp. | 23600 | 114733 |
|  | Mitsubishi HC Capital, Inc. | 364550 | 2578876 |
|  | Mitsubishi Motors Corp. | 189600 | 524891 |
|  | MonotaRO Co. Ltd. | 82413 | 1585038 |
|  | MS&AD Insurance Group Holdings, Inc. | 142800 | 3245815 |
|  | Nichirei Corp. | 70400 | 965707 |
|  | NIDEC Corp. (6594 JP) | 83600 | 1485682 |
|  | Nifco, Inc. | 22300 | 552948 |
|  | Nippon Express Holdings, Inc. | 108603 | 1939417 |
|  | Nippon Sanso Holdings Corp. | 82800 | 2649868 |
|  | Nissan Chemical Corp. | 52300 | 1529703 |
|  | Niterra Co. Ltd. | 39900 | 1242360 |
|  | Nitto Denko Corp. | 138000 | 2425600 |
|  | Nomura Research Institute Ltd. | 77000 | 2915792 |
|  | NTT Data Group Corp. | 91900 | 1825170 |
|  | Olympus Corp. | 70800 | 927692 |
|  | Open House Group Co. Ltd. | 30200 | 1339126 |
|  | Oracle Corp. Japan | 13175 | 1583917 |
|  | Organo Corp. | 2100 | 100525 |
|  | Oriental Land Co. Ltd. | 16000 | 338872 |
|  | Otsuka Corp. | 63800 | 1415024 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Pan Pacific International Holdings Corp. | 176500 | $5433982 |
|  | Persol Holdings Co. Ltd. | 717100 | 1298863 |
|  | Rakus Co. Ltd. | 21101 | 320625 |
|  \* | Rakuten Bank Ltd. | 1400 | 58881 |
|  | Recruit Holdings Co. Ltd. | 267200 | 14806955 |
|  | Renesas Electronics Corp. | 279500 | 3280005 |
|  | Resonac Holdings Corp. | 45200 | 822096 |
|  | Round One Corp. | 8500 | 52763 |
|  | Ryohin Keikaku Co. Ltd. | 63100 | 2132814 |
|  | Sankyo Co. Ltd. | 51500 | 783858 |
|  | Sanrio Co. Ltd. | 28800 | 1147571 |
|  | Sanwa Holdings Corp. | 92100 | 3022969 |
|  # | SBI Sumishin Net Bank Ltd. | 5400 | 157574 |
|  | SCREEN Holdings Co. Ltd. | 19000 | 1263443 |
|  | SCSK Corp. | 78100 | 2042739 |
|  | Seibu Holdings, Inc. | 58800 | 1421119 |
|  | Seven & i Holdings Co. Ltd. | 451800 | 6650776 |
|  | SG Holdings Co. Ltd. | 98200 | 1034011 |
|  #\* | Sharp Corp. | 9700 | 57506 |
|  | Skylark Holdings Co. Ltd. | 110300 | 2289192 |
|  | Socionext, Inc. | 18921 | 203506 |
|  | SoftBank Corp. | 6266000 | 9481992 |
|  | SoftBank Group Corp. | 112100 | 5668856 |
|  | Sompo Holdings, Inc. | 108000 | 3539278 |
|  | Sony Group Corp. (6758 JP) | 1455000 | 38386951 |
|  | Subaru Corp. | 182700 | 3308317 |
|  | Sugi Holdings Co. Ltd. | 12200 | 256271 |
|  | Sumitomo Forestry Co. Ltd. | 36700 | 1056748 |
|  | Sundrug Co. Ltd. | 24600 | 819728 |
|  | Suzuki Motor Corp. | 156800 | 1879037 |
|  | Sysmex Corp. | 121000 | 2246141 |
|  | Taiheiyo Cement Corp. | 800 | 21540 |
|  | TDK Corp. (6762 JP) | 390000 | 4161862 |
|  | TechnoPro Holdings, Inc. | 1 | 22 |
|  | TIS, Inc. | 83600 | 2412961 |
|  | Toei Animation Co. Ltd. | 4500 | 108814 |
|  | Tokio Marine Holdings, Inc. (8766 JP) | 264300 | 10593766 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |  |
|  | Tokyo Century Corp. | 72900 | $| 767734 |
|  | Tokyo Electron Ltd. | 80300 |  | 11956535 |
|  | Tokyu Fudosan Holdings Corp. | 7500 |  | 52529 |
|  | Toridoll Holdings Corp. | 6500 |  | 194550 |
|  | Toyo Tire Corp. | 29000 |  | 542207 |
|  | Toyota Boshoku Corp. | 16900 |  | 242494 |
|  # | Toyota Motor Corp. (TM US), Sponsored ADR | 36830 |  | 7042633 |
|  | Toyota Tsusho Corp. | 92100 |  | 1830278 |
|  | Trend Micro, Inc. (4704 JP) | 49100 |  | 3522954 |
|  | Tsuruha Holdings, Inc. | 6300 |  | 506766 |
|  | Unicharm Corp. | 46701 |  | 433625 |
|  | USS Co. Ltd. | 177800 |  | 1772264 |
|  \* | Visional, Inc. | 300 |  | 18150 |
|  | Welcia Holdings Co. Ltd. | 24800 |  | 437252 |
|  | Yamaha Motor Co. Ltd. | 499500 |  | 3922940 |
|  | Yamazaki Baking Co. Ltd. | 1200 |  | 28726 |
|  | Yaoko Co. Ltd. | 4200 |  | 281307 |
|  | Yokogawa Electric Corp. | 52800 |  | 1142600 |
|  | Yokohama Rubber Co. Ltd. | 3500 |  | 76527 |
|  | Zensho Holdings Co. Ltd. | 36200 |  | 2236918 |
|  | ZOZO, Inc. | 138900 |  | 1410597 |
|  TOTAL JAPAN | TOTAL JAPAN |  |  | 350601047 |
|  NETHERLANDS — (5.1%) | NETHERLANDS — (5.1%) | NETHERLANDS — (5.1%) | NETHERLANDS — (5.1%) | NETHERLANDS — (5.1%) |
|  | Airbus SE | 114073 |  | 19357105 |
|  | ASML Holding NV (ASML NA) | 25123 |  | 16818388 |
|  # | ASML Holding NV (ASML US) | 21467 |  | 14341673 |
|  | ASR Nederland NV | 48477 |  | 3058842 |
|  | Ferrari NV (RACE IM) | 1191 |  | 545217 |
|  | Ferrari NV (RACE US) | 13483 |  | 6226180 |
|  | Koninklijke KPN NV | 1130650 |  | 5259618 |
|  # | Stellantis NV (STLAM IM) | 471174 |  | 4384476 |
|  # | Universal Music Group NV | 125253 |  | 3683124 |
|  | Wolters Kluwer NV | 66291 |  | 11704269 |
|  TOTAL NETHERLANDS | TOTAL NETHERLANDS |  |  | 85378892 |
|  NEW ZEALAND — (0.3%) | NEW ZEALAND — (0.3%) | NEW ZEALAND — (0.3%) | NEW ZEALAND — (0.3%) | NEW ZEALAND — (0.3%) |
|  | Chorus Ltd. (CNU NZ) | 309552 |  | 1459939 |
|  # | Contact Energy Ltd. | 54969 |  | 289576 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) |  |  |  |
|  | Fisher & Paykel Healthcare Corp. Ltd. | 49321 | $| 994953 |
|  | Mainfreight Ltd. | 16254 |  | 536397 |
|  | Spark New Zealand Ltd. | 618656 |  | 766468 |
|  \* | Xero Ltd. | 16425 |  | 1729767 |
|  TOTAL NEW ZEALAND | TOTAL NEW ZEALAND |  |  | 5777100 |
|  NORWAY — (0.6%) | NORWAY — (0.6%) | NORWAY — (0.6%) | NORWAY — (0.6%) | NORWAY — (0.6%) |
|  | Aker BP ASA | 47410 |  | 1017774 |
|  | Equinor ASA | 205722 |  | 4656646 |
|  # | Hoegh Autoliners ASA | 4267 |  | 34343 |
|  | Kongsberg Gruppen ASA | 7391 |  | 1190754 |
|  | Protector Forsikring ASA | 11993 |  | 422099 |
|  | Storebrand ASA | 125086 |  | 1510239 |
|  | Telenor ASA | 65559 |  | 984695 |
|  | Var Energi ASA | 79114 |  | 217541 |
|  | Veidekke ASA | 19132 |  | 287879 |
|  | Wallenius Wilhelmsen ASA | 23918 |  | 173346 |
|  TOTAL NORWAY | TOTAL NORWAY |  |  | 10495316 |
|  PORTUGAL — (0.1%) | PORTUGAL — (0.1%) | PORTUGAL — (0.1%) | PORTUGAL — (0.1%) | PORTUGAL — (0.1%) |
|  | Galp Energia SGPS SA | 113250 |  | 1754670 |
|  | Jeronimo Martins SGPS SA | 15405 |  | 372837 |
|  TOTAL PORTUGAL | TOTAL PORTUGAL |  |  | 2127507 |
|  SINGAPORE — (1.3%) | SINGAPORE — (1.3%) | SINGAPORE — (1.3%) | SINGAPORE — (1.3%) | SINGAPORE — (1.3%) |
|  W | BW LPG Ltd. | 31235 |  | 313772 |
|  | DBS Group Holdings Ltd. | 306193 |  | 9947961 |
|  | DFI Retail Group Holdings Ltd. | 23600 |  | 59570 |
|  | Jardine Cycle & Carriage Ltd. | 29400 |  | 583934 |
|  | SATS Ltd. | 155400 |  | 335122 |
|  | Sembcorp.Industries Ltd. | 350100 |  | 1770865 |
|  | Singapore Airlines Ltd. | 369000 |  | 1893676 |
|  | Singapore Exchange Ltd. | 295300 |  | 3248552 |
|  | Singapore Technologies Engineering Ltd. | 578800 |  | 3286566 |
|  | United Overseas Bank Ltd. | 6700 |  | 177944 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) |  |  |  |
|  | Yangzijiang Shipbuilding Holdings Ltd. | 378300 | $| 648014 |
|  TOTAL SINGAPORE | TOTAL SINGAPORE |  |  | 22265976 |
|  SPAIN — (2.3%) | SPAIN — (2.3%) | SPAIN — (2.3%) | SPAIN — (2.3%) | SPAIN — (2.3%) |
|  | ACS Actividades de Construccion y Servicios SA | 30482 |  | 1909871 |
|  #W | Aena SME SA | 16651 |  | 4182996 |
|  | Amadeus IT Group SA**.** | 104594 |  | 8232907 |
|  | Banco Bilbao Vizcaya Argentaria SA (BBVA SM) | 219253 |  | 3009037 |
|  | Banco Bilbao Vizcaya Argentaria SA (BBVA US), Sponsored ADR | 25506 |  | 349432 |
|  | Endesa SA | 100465 |  | 3017223 |
|  # | Industria de Diseno Textil SA | 167352 |  | 8999351 |
|  # | Telefonica SA (TEF SM) | 1641259 |  | 8431545 |
|  TOTAL SPAIN | TOTAL SPAIN |  |  | 38132362 |
|  SWEDEN — (3.1%) | SWEDEN — (3.1%) | SWEDEN — (3.1%) | SWEDEN — (3.1%) | SWEDEN — (3.1%) |
|  | AddTech AB, Class B | 79454 |  | 2673026 |
|  # | Atlas Copco AB (ATCOA SS), Class A | 517386 |  | 8008461 |
|  | Atlas Copco AB (ATCOB SS), Class B | 311236 |  | 4321736 |
|  # | Avanza Bank Holding AB | 40384 |  | 1341967 |
|  # | Axfood AB | 37200 |  | 1039976 |
|  | Bure Equity AB | 620 |  | 20890 |
|  | Epiroc AB (EPIA SS), Class A | 89197 |  | 1929751 |
|  | Epiroc AB (EPIB SS), Class B | 60798 |  | 1192343 |
|  | Fortnox AB | 93642 |  | 847922 |
|  # | H & M Hennes & Mauritz AB, Class B | 163087 |  | 2363225 |
|  | Hemnet Group AB | 18833 |  | 646456 |
|  | Indutrade AB | 62089 |  | 1679733 |
|  | Lagercrantz Group AB, Class B | 41874 |  | 954133 |
|  | Lifco AB, Class B | 18806 |  | 728069 |
|  | Loomis AB | 1224 |  | 50945 |
|  # | Medicover AB, Class B | 4507 |  | 112469 |
|  #W | Munters Group AB | 9191 |  | 117629 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) |  |  |
|  | Nordnet AB publ | 29215 | $773386 |
|  | Sectra AB, Class B | 40431 | 1240451 |
|  | Sweco AB, Class B | 37915 | 666998 |
|  | Tele2 AB, Class B | 223821 | 3302261 |
|  | Telefonaktiebolaget LM Ericsson (ERIC US), Sponsored ADR | 144507 | 1190738 |
|  | Telefonaktiebolaget LM Ericsson (ERICB SS), Class B | 311205 | 2628867 |
|  | Telia Co. AB | 364196 | 1368091 |
|  | Volvo AB (VOLVA SS), Class A | 54973 | 1499469 |
|  | Volvo AB (VOLVB SS), Class B | 410093 | 11147772 |
|  TOTAL SWEDEN | TOTAL SWEDEN |  | 51846764 |
|  SWITZERLAND — (8.9%) | SWITZERLAND — (8.9%) |  |  |
|  | Geberit AG | 14079 | 9752809 |
|  | Kuehne & Nagel International AG | 24740 | 5697548 |
|  | Nestle SA | 465967 | 49596309 |
|  # | Novartis AG (NVS US), Sponsored ADR | 135702 | 15400820 |
|  | Partners Group Holding AG | 7501 | 9828345 |
|  | Roche Holding AG (RO SW) | 7170 | 2494276 |
|  | Roche Holding AG (ROG SW) | 153733 | 50268593 |
|  | SGS SA | 60095 | 5868948 |
|  TOTAL SWITZERLAND | TOTAL SWITZERLAND |  | 148907648 |
|  UNITED KINGDOM — (13.0%) | UNITED KINGDOM — (13.0%) |  |  |
|  | Admiral Group PLC | 94186 | 4096381 |
|  W | Airtel Africa PLC | 278231 | 636730 |
|  | Ashtead Group PLC | 224550 | 12020703 |
|  | AstraZeneca PLC (AZN LN) | 32872 | 4709466 |
|  | AstraZeneca PLC (AZN US), Sponsored ADR | 261592 | 18779690 |
|  W | Auto Trader Group PLC | 383457 | 4308084 |
|  | Beazley PLC | 98206 | 1163610 |
|  | BP PLC (BP LN) | 165519 | 764266 |
|  | BP PLC (BP US), Sponsored ADR | 473050 | 12989953 |
|  | BT Group PLC | 2677069 | 6213358 |
|  | Compass Group PLC | 214510 | 7232167 |
|  | Diageo PLC (DEO US), Sponsored ADR | 81079 | 9082470 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |  |  |  |
|  | Diageo PLC (DGE LN) | 80730 | $| 2266930 |
|  \*†† | Evraz PLC | 188057 |  | 0 |
|  | Experian PLC | 190691 |  | 9487076 |
|  | Games Workshop Group PLC | 4551 |  | 937244 |
|  | GSK PLC (GSK LN) | 1058901 |  | 20947912 |
|  | Howden Joinery Group PLC | 275459 |  | 2832682 |
|  | Imperial Brands PLC | 492449 |  | 20206687 |
|  | Intertek Group PLC | 77727 |  | 4773596 |
|  | JD Sports Fashion PLC | 276855 |  | 291475 |
|  | Legal & General Group PLC | 230478 |  | 725794 |
|  | Marks & Spencer Group PLC | 798644 |  | 4150189 |
|  | Next PLC | 50068 |  | 8260043 |
|  | Reckitt Benckiser Group PLC | 182653 |  | 11789618 |
|  | RELX PLC (REL LN) | 45322 |  | 2473455 |
|  # | RELX PLC (RELX US), Sponsored ADR | 206621 |  | 11287705 |
|  | RELX PLC (REN NA) | 28850 |  | 1570573 |
|  | Rightmove PLC | 185301 |  | 1830061 |
|  | Sage Group PLC | 120134 |  | 1991658 |
|  | St. James's Place PLC | 90454 |  | 1140204 |
|  # | Unilever PLC (UL US), Sponsored ADR | 419211 |  | 26640859 |
|  | Unilever PLC (ULVR LN) | 48760 |  | 3104543 |
|  TOTAL UNITED KINGDOM | TOTAL UNITED KINGDOM | TOTAL UNITED KINGDOM |  | 218705182 |
|  TOTAL COMMON STOCKS | TOTAL COMMON STOCKS | TOTAL COMMON STOCKS |  | 1584391799 |
|  PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) |
|  GERMANY — (0.3%) | GERMANY — (0.3%) | GERMANY — (0.3%) | GERMANY — (0.3%) | GERMANY — (0.3%) |
|  | Bayerische Motoren Werke AG, 8.479% | 9969 |  | 804466 |
|  W | Dr. Ing hc F Porsche AG, 5.225% | 13698 |  | 688621 |
|  | Volkswagen AG, 9.469% | 35319 |  | 3843073 |
|  TOTAL GERMANY | TOTAL GERMANY | TOTAL GERMANY |  | 5336160 |

---

------

##### [**Table of Contents**](#toc)
**INTERNATIONAL HIGH RELATIVE PROFITABILITY PORTFOLIO** 

**CONTINUED** 

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value»** |
|  RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
|  CANADA — (0.0%) | CANADA — (0.0%) | CANADA — (0.0%) |
|  \* Constellation Software, Inc.<br> Warrants 03/31/2040 | 4241 | $0 |
|  TOTAL INVESTMENT SECURITIES<br>(Cost $1,193,548,630) | TOTAL INVESTMENT SECURITIES<br>(Cost $1,193,548,630) | 1589727959 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
|  SECURITIES LENDING COLLATERAL — (5.5%) | SECURITIES LENDING COLLATERAL — (5.5%) | SECURITIES LENDING COLLATERAL — (5.5%) | SECURITIES LENDING COLLATERAL — (5.5%) |
|  @§ | The DFA Short Term Investment Fund | 8026608 | $92827723 |
|  TOTAL INVESTMENTS — (100.0%)<br>(Cost $1,286,383,812) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $1,286,383,812) |  | $1682555682 |

---

As of April 30, 2025, the value of Rule 144A securities amounted to $12,071,893 or 0.8% of net assets.

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 1**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 2**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 3**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total**  |
|  **Assets** |  |  |  |  |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Australia | $17399211 | $78747303 |  | $96146514 |
| &nbsp;&nbsp;&nbsp;&nbsp; Austria |  | 2749307 |  | 2749307 |
| &nbsp;&nbsp;&nbsp;&nbsp; Belgium |  | 12450434 |  | 12450434 |
| &nbsp;&nbsp;&nbsp;&nbsp; Canada | 155573069 |  |  | 155573069 |
| &nbsp;&nbsp;&nbsp;&nbsp; Denmark |  | 30234700 |  | 30234700 |
| &nbsp;&nbsp;&nbsp;&nbsp; Finland |  | 15161287 |  | 15161287 |
| &nbsp;&nbsp;&nbsp;&nbsp; France |  | 132770676 |  | 132770676 |
| &nbsp;&nbsp;&nbsp;&nbsp; Germany |  | 133878184 |  | 133878184 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hong Kong |  | 24377399 |  | 24377399 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ireland | 308931 | 7790879 |  | 8099810 |
| &nbsp;&nbsp;&nbsp;&nbsp; Israel | 1803549 | 7654513 |  | 9458062 |
| &nbsp;&nbsp;&nbsp;&nbsp; Italy |  | 29254563 |  | 29254563 |
| &nbsp;&nbsp;&nbsp;&nbsp; Japan | 7042633 | 343558414 |  | 350601047 |
| &nbsp;&nbsp;&nbsp;&nbsp; Netherlands | 20567853 | 64811039 |  | 85378892 |
| &nbsp;&nbsp;&nbsp;&nbsp; New Zealand |  | 5777100 |  | 5777100 |
| &nbsp;&nbsp;&nbsp;&nbsp; Norway |  | 10495316 |  | 10495316 |
| &nbsp;&nbsp;&nbsp;&nbsp; Portugal |  | 2127507 |  | 2127507 |
| &nbsp;&nbsp;&nbsp;&nbsp; Singapore |  | 22265976 |  | 22265976 |
| &nbsp;&nbsp;&nbsp;&nbsp; Spain | 349432 | 37782930 |  | 38132362 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sweden | 1190738 | 50656026 |  | 51846764 |
| &nbsp;&nbsp;&nbsp;&nbsp; Switzerland | 15400820 | 133506828 |  | 148907648 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Kingdom | 78780677 | 139924505 |  | 218705182 |
|  Preferred Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Germany |  | 5336160 |  | 5336160 |
|  Securities Lending Collateral |  | 92827723 |  | 92827723 |
|  Total Investments in Securities | $298416913 | $1384138769 | &nbsp;&nbsp;&nbsp;&nbsp;—<> | &nbsp;&nbsp;&nbsp;&nbsp;$1682555682 |

---

---

| | |
|:---|:---|
| <> | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.  |

---

See accompanying Notes to Financial Statements.

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. VALUE PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value†** |
|  AFFILIATED INVESTMENT COMPANIES — (100.0%) |  |  |
|  INTERNATIONAL EQUITIES — (100.0%) |  |  |
|  The DFA International Value Series |  | $186153738 |
|  Dimensional Emerging Markets Value Fund |  | 96422814 |
|  DFA International Small Cap Value Portfolio | 1011700 | 25555547 |
|  TOTAL INTERNATIONAL EQUITIES |  | 308132099 |
|  TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES<br>(Cost $228,570,055) |  | $308132099 |

---

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Assets** |  |  |  |  |
|  Affiliated Investment Companies | $308132099 |  |  | $308132099 |
|  Total Investments in Securities | $308132099 |  |  | $308132099 |

---

See accompanying Notes to Financial Statements.

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COMMON STOCKS — (95.0%) | COMMON STOCKS — (95.0%) | COMMON STOCKS — (95.0%) | COMMON STOCKS — (95.0%) |
|  AUSTRALIA — (4.0%) | AUSTRALIA — (4.0%) | AUSTRALIA — (4.0%) | AUSTRALIA — (4.0%) |
|  | Accent Group Ltd. | 139081 | $165064 |
|  # | Acrow Ltd. | 110482 | 73560 |
|  # | Adairs Ltd. | 78973 | 119432 |
|  #\* | Aeris Resources Ltd. | 134146 | 16248 |
|  | AGL Energy Ltd. | 89717 | 611422 |
|  \* | AIC Mines Ltd. | 164734 | 36936 |
|  \* | Ainsworth Game Technology Ltd. | 68629 | 42097 |
|  \* | Alkane Resources Ltd. | 156660 | 80612 |
|  \* | Alliance Aviation Services Ltd. | 24946 | 43810 |
|  #\* | Alligator Energy Ltd. | 469718 | 9036 |
|  | ALS Ltd. | 118879 | 1304395 |
|  | Amotiv Ltd. | 43459 | 215497 |
|  | AMP Ltd. | 745966 | 616135 |
|  \* | Amplitude Energy Ltd. | 1010113 | 119505 |
|  | Ampol Ltd. | 74494 | 1131133 |
|  | Ansell Ltd. | 44218 | 857809 |
|  | ANZ Group Holdings Ltd. | 158717 | 3035027 |
|  | APA Group | 174620 | 918846 |
|  \* | Appen Ltd. | 37273 | 19131 |
|  #\* | Arafura Rare Earths Ltd. (ARU AU) | 236819 | 30999 |
|  # | ARB Corp. Ltd. | 25223 | 508295 |
|  | Aristocrat Leisure Ltd. | 66183 | 2826613 |
|  # | ARN Media Ltd. | 85589 | 30660 |
|  | ASX Ltd. | 8387 | 379779 |
|  | Atlas Arteria Ltd. | 162371 | 537831 |
|  | AUB Group Ltd. | 26795 | 547139 |
|  #\* | Audinate Group Ltd. | 1988 | 7804 |
|  \* | Aurelia Metals Ltd. | 505007 | 95060 |
|  | Aurizon Holdings Ltd. | 616366 | 1206668 |
|  | Aussie Broadband Ltd. | 60547 | 159064 |
|  \* | Austal Ltd. | 145296 | 492267 |
|  | Austin Engineering Ltd. | 131962 | 36851 |
|  #\* | Australian Agricultural Co. Ltd. | 85896 | 78756 |
|  | Australian Clinical Labs Ltd. | 78288 | 156305 |
|  | Australian Ethical Investment Ltd. | 36512 | 121147 |
|  # | Australian Finance Group Ltd. | 60542 | 70556 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  #\* | Australian Strategic Materials Ltd. | 24453 | $9976 |
|  # | Autosports Group Ltd. | 9783 | 12081 |
|  # | Baby Bunting Group Ltd. | 37265 | 37358 |
|  # | Bank of Queensland Ltd. | 233328 | 1114576 |
|  \* | Bannerman Energy Ltd. (BMN AU) | 24863 | 37907 |
|  | Bapcor Ltd. | 114656 | 372532 |
|  \* | BCI Minerals Ltd. | 38346 | 6760 |
|  | Beach Energy Ltd. | 658989 | 496040 |
|  # | Beacon Lighting Group Ltd. | 27388 | 57993 |
|  | Bega Cheese Ltd. | 103747 | 375293 |
|  | Bell Financial Group Ltd. | 47306 | 38798 |
|  \* | Bellevue Gold Ltd. | 335185 | 195134 |
|  | Bendigo & Adelaide Bank Ltd. | 131673 | 941966 |
|  | BHP Group Ltd. (BHP AU) | 437849 | 10435541 |
|  | BHP Group Ltd. (BHP LN), Class DI | 36303 | 863350 |
|  # | BHP Group Ltd. (BHP US), Sponsored ADR | 52042 | 2474597 |
|  \* | Black Cat Syndicate Ltd. (BC8 AU) | 39271 | 24851 |
|  | BlueScope Steel Ltd. | 117742 | 1803391 |
|  #\* | Boss Energy Ltd. | 106882 | 218540 |
|  | Brambles Ltd. | 208343 | 2737972 |
|  | Bravura Solutions Ltd. | 115951 | 163022 |
|  | Breville Group Ltd. | 31644 | 580203 |
|  # | Brickworks Ltd. | 30946 | 498489 |
|  | Capral Ltd. | 5742 | 37302 |
|  \* | Capricorn Metals Ltd. | 132193 | 782115 |
|  | CAR Group Ltd. | 16786 | 358285 |
|  \* | Carnarvon Energy Ltd. | 648669 | 45753 |
|  #\* | Catapult Group International Ltd. | 31045 | 81301 |
|  | Cedar Woods Properties Ltd. | 24019 | 86129 |
|  #\* | Cettire Ltd. | 94168 | 27076 |
|  #\* | Chalice Mining Ltd. | 18659 | 13139 |
|  | Challenger Ltd. | 158135 | 716536 |
|  | Champion Iron Ltd. | 135588 | 396360 |
|  #\* | Chrysos Corp. Ltd. | 9367 | 23059 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Civmec Australia Ltd. | 80600 | $45394 |
|  | Cleanaway Waste Management Ltd. | 587712 | 978074 |
|  # | Clinuvel Pharmaceuticals Ltd. | 10177 | 74125 |
|  #\* | Coast Entertainment Holdings Ltd. | 124691 | 32329 |
|  # | Cobram Estate Olives Ltd. | 29536 | 34736 |
|  | Cochlear Ltd. | 5860 | 1026265 |
|  | Codan Ltd. | 54165 | 545568 |
|  #\* | Cogstate Ltd. | 19223 | 16411 |
|  | Coles Group Ltd. | 177481 | 2410157 |
|  | Collins Foods Ltd. | 56133 | 295517 |
|  \* | Comet Ridge Ltd. | 142861 | 12362 |
|  | Commonwealth Bank of Australia | 59214 | 6311566 |
|  | Computershare Ltd. | 66614 | 1740717 |
|  #\* | Core Lithium Ltd. | 21769 | 974 |
|  # | Corporate Travel Management Ltd. | 31005 | 253190 |
|  | Credit Corp. Group Ltd. | 22036 | 190677 |
|  | CSL Ltd. | 14855 | 2384420 |
|  # | Dalrymple Bay Infrastructure Ltd. | 42474 | 111993 |
|  | Data#3 Ltd. | 52371 | 243897 |
|  #\* | Deep Yellow Ltd. | 250673 | 182319 |
|  | Deterra Royalties Ltd. | 147904 | 344845 |
|  | Dicker Data Ltd. | 28715 | 155150 |
|  | Domain Holdings Australia Ltd. | 32876 | 90395 |
|  # | Domino's Pizza Enterprises Ltd. | 16767 | 270976 |
|  | Downer EDI Ltd. | 189319 | 691331 |
|  #\* | DUG Technology Ltd. | 22647 | 15001 |
|  # | Duratec Ltd. | 37912 | 41597 |
|  | Dyno Nobel Ltd. | 593302 | 861238 |
|  # | Eagers Automotive Ltd. | 52417 | 618627 |
|  \*†† | Elanor Investor Group**.** | 19470 | 7732 |
|  | Elders Ltd. | 83530 | 338342 |
|  #\* | Electro Optic Systems Holdings Ltd. | 60028 | 47186 |
|  #\* | Emeco Holdings Ltd. | 132785 | 64767 |
|  \* | Emerald Resources NL | 204363 | 524752 |
|  #\* | EML Payments Ltd. | 97511 | 61030 |
|  \* | Empire Energy Group Ltd. | 55441 | 6035 |
|  | Endeavour Group Ltd. | 378491 | 968145 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  \* | Environmental Group Ltd. | 39072 | $5907 |
|  | EQT Holdings Ltd. | 6372 | 132422 |
|  | Euroz Hartleys Group Ltd. | 18894 | 10332 |
|  | Evolution Mining Ltd. | 609302 | 3055662 |
|  | EVT Ltd. | 31852 | 286743 |
|  | Fiducian Group Ltd. | 1992 | 12347 |
|  #†† | Firefinch Ltd. | 50216 | 1206 |
|  \* | FleetPartners Group Ltd. | 73519 | 131184 |
|  | Fleetwood Ltd. | 28254 | 52603 |
|  # | Flight Centre Travel Group Ltd. | 62070 | 509298 |
|  | Fortescue Ltd. | 251857 | 2601100 |
|  \* | Frontier Digital Ventures Ltd. | 12847 | 2469 |
|  | G8 Education Ltd. | 397771 | 319818 |
|  # | Generation Development Group Ltd. | 10263 | 27143 |
|  \* | Genesis Minerals Ltd. | 20590 | 50846 |
|  \* | Genetic Signatures Ltd. | 3578 | 926 |
|  | Gold Road Resources Ltd. | 484203 | 939422 |
|  # | GR Engineering Services Ltd. | 28507 | 51306 |
|  | GrainCorp Ltd., Class A | 75363 | 320861 |
|  | Grange Resources Ltd. | 238429 | 30558 |
|  | GWA Group Ltd. | 80830 | 122869 |
|  | Hafnia Ltd. | 85799 | 395499 |
|  | Hansen Technologies Ltd. | 47570 | 165071 |
|  | Harvey Norman Holdings Ltd. | 168766 | 564244 |
|  \* | Healius Ltd. | 380392 | 354156 |
|  | Helia Group Ltd. | 140658 | 435955 |
|  # | Helloworld Travel Ltd. | 20873 | 19022 |
|  | Horizon Oil Ltd. | 202365 | 23968 |
|  | HUB24 Ltd. | 9731 | 449573 |
|  # | Humm Group Ltd. | 182369 | 59623 |
|  # | IDP Education Ltd. | 32070 | 181880 |
|  | IGO Ltd. | 102971 | 258004 |
|  | Iluka Resources Ltd. | 128649 | 340843 |
|  # | Imdex Ltd. | 181352 | 343081 |
|  #\* | Immutep Ltd. (IMM AU) | 202283 | 34909 |
|  #\* | Imugene Ltd. | 375226 | 5807 |
|  | Infomedia Ltd. | 124521 | 98833 |
|  | Inghams Group Ltd. | 130515 | 286528 |
|  \* | Insignia Financial Ltd. | 198430 | 478146 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Insurance Australia Group Ltd. | 461627 | $2424682 |
|  | Integral Diagnostics Ltd. | 71767 | 110984 |
|  #\* | ioneer Ltd. | 98102 | 9088 |
|  # | IPD Group Ltd. | 13727 | 35164 |
|  | IPH Ltd. | 52918 | 154566 |
|  | IRESS Ltd. | 51428 | 261891 |
|  | IVE Group Ltd. | 41608 | 70183 |
|  | JB Hi-Fi Ltd. | 37018 | 2453099 |
|  # | Johns Lyng Group Ltd. | 73610 | 104686 |
|  \* | Judo Capital Holdings Ltd. | 151789 | 173057 |
|  | Jumbo Interactive Ltd. | 12500 | 81707 |
|  # | Jupiter Mines Ltd. | 375027 | 35956 |
|  # | Karoon Energy Ltd. | 161254 | 148442 |
|  \* | Kelly Partners Group Holdings Ltd. | 6429 | 48146 |
|  # | Kelsian Group Ltd. | 62185 | 108036 |
|  # | Kogan.com Ltd. | 17812 | 51322 |
|  | Lendlease Corp. Ltd. | 221747 | 747180 |
|  #†† | Leo Lithium Ltd. | 35869 | 0 |
|  # | Lifestyle Communities Ltd. | 33307 | 152141 |
|  # | Lindsay Australia Ltd. | 114956 | 52306 |
|  | Lottery Corp. Ltd. | 340266 | 1133946 |
|  \* | Lotus Resources Ltd. | 208764 | 24102 |
|  | Lovisa Holdings Ltd. | 19939 | 318317 |
|  | Lycopodium Ltd. | 11283 | 78298 |
|  \* | Lynas Rare Earths Ltd. | 166313 | 909192 |
|  | MA Financial Group Ltd. | 26473 | 112411 |
|  # | Maas Group Holdings Ltd. | 12196 | 30884 |
|  | Macmahon Holdings Ltd. | 525240 | 91051 |
|  | Macquarie Group Ltd. | 15513 | 1917019 |
|  \* | Macquarie Technology Group Ltd. | 3528 | 134242 |
|  # | Mader Group Ltd. | 14929 | 60913 |
|  | Magellan Financial Group Ltd. | 55938 | 274239 |
|  \* | Mayne Pharma Group Ltd. | 20385 | 91645 |
|  | McMillan Shakespeare Ltd. | 21795 | 213536 |
|  | Medibank Pvt Ltd. | 357450 | 1063315 |
|  #\* | Megaport Ltd. | 40204 | 295764 |
|  #\* | Mesoblast Ltd. (MSB AU) | 379344 | 436701 |
|  \* | Metals X Ltd. | 204438 | 73922 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Metcash Ltd. | 380940 | $784649 |
|  #\* | Mineral Resources Ltd. | 36959 | 486047 |
|  | Monadelphous Group Ltd. | 37594 | 388750 |
|  | Monash IVF Group Ltd. | 105786 | 56955 |
|  #\* | Mount Gibson Iron Ltd. | 260860 | 51833 |
|  | Myer Holdings Ltd. | 595449 | 274698 |
|  | MyState Ltd. | 39837 | 99508 |
|  \* | Nanosonics Ltd. | 5619 | 17254 |
|  | National Australia Bank Ltd. | 211468 | 4882945 |
|  | Navigator Global Investments Ltd. | 126878 | 142217 |
|  | Netwealth Group Ltd. | 54769 | 984037 |
|  | New Hope Corp. Ltd. | 179374 | 420785 |
|  #\* | NEXTDC Ltd. | 118207 | 897467 |
|  | nib holdings Ltd. | 154419 | 673675 |
|  # | Nick Scali Ltd. | 27296 | 310841 |
|  | Nickel Industries Ltd. | 625170 | 225762 |
|  | Nine Entertainment Co. Holdings Ltd. | 435013 | 398672 |
|  | Northern Star Resources Ltd. | 258418 | 3174323 |
|  #\* | Novonix Ltd. | 20376 | 5560 |
|  | NRW Holdings Ltd. | 213519 | 370088 |
|  | Nufarm Ltd. | 120497 | 297491 |
|  \* | Nuix Ltd. | 41496 | 64716 |
|  | Objective Corp. Ltd. | 6963 | 69799 |
|  \* | OFX Group Ltd. | 74386 | 53931 |
|  \* | OM Holdings Ltd. | 46008 | 9541 |
|  \* | Omni Bridgeway Ltd. | 56330 | 52669 |
|  | oOh!media Ltd. | 170729 | 167268 |
|  | Orica Ltd. | 143882 | 1493473 |
|  | Origin Energy Ltd. | 241189 | 1643945 |
|  | Orora Ltd. | 351777 | 407577 |
|  | Pacific Current Group Ltd. | 15421 | 109605 |
|  #\* | Paladin Energy Ltd. | 53824 | 200646 |
|  \* | Pantoro Gold Ltd. | 38120 | 71055 |
|  #\* | Paragon Care Ltd. | 38285 | 10298 |
|  | Peet Ltd. | 131518 | 119746 |
|  #\* | Peninsula Energy Ltd. | 35455 | 14081 |
|  # | Pepper Money Ltd. | 14192 | 13338 |
|  | Perenti Ltd. | 285645 | 249815 |
|  # | Perpetual Ltd. | 33651 | 357489 |
|  | Perseus Mining Ltd. | 649534 | 1392088 |
|  # | Peter Warren Automotive Holdings Ltd. | 20551 | 18854 |
|  \* | PEXA Group Ltd. | 44159 | 340245 |
|  #\* | Pilbara Minerals Ltd. | 321388 | 309637 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Pinnacle Investment Management Group Ltd. | 14504 | $167269 |
|  # | Platinum Asset Management Ltd. | 144495 | 52625 |
|  \* | Playside Studios Ltd. | 33455 | 3615 |
|  | Praemium Ltd. | 17729 | 8436 |
|  | Premier Investments Ltd. | 43046 | 573383 |
|  | Pro Medicus Ltd. | 13699 | 2008689 |
|  # | Propel Funeral Partners Ltd. | 17155 | 56776 |
|  # | PWR Holdings Ltd. | 23772 | 104203 |
|  | Qantas Airways Ltd. | 74582 | 421680 |
|  | QBE Insurance Group Ltd. | 405890 | 5609368 |
|  \* | Qoria Ltd. | 150918 | 38044 |
|  | Qube Holdings Ltd. | 310211 | 785364 |
|  | Ramelius Resources Ltd. | 592969 | 997851 |
|  # | Ramsay Health Care Ltd. | 37866 | 806192 |
|  | REA Group Ltd. | 7988 | 1269131 |
|  #\* | ReadyTech Holdings Ltd. | 4593 | 6193 |
|  | Reece Ltd. | 28746 | 289883 |
|  # | Regal Partners Ltd. | 20857 | 25086 |
|  | Regis Healthcare Ltd. | 64338 | 281412 |
|  \* | Regis Resources Ltd. | 250904 | 725386 |
|  | Reject Shop Ltd. | 13887 | 57969 |
|  | Reliance Worldwide Corp. Ltd. | 257881 | 693255 |
|  \* | Resolute Mining Ltd. | 785874 | 256539 |
|  #\* | Retail Food Group Ltd. | 19779 | 22165 |
|  # | Ridley Corp. Ltd. | 109244 | 165135 |
|  | Rio Tinto Ltd. | 47943 | 3586962 |
|  \* | RPMGlobal Holdings Ltd. | 57648 | 101699 |
|  \* | Sandfire Resources Ltd. | 206290 | 1313838 |
|  | Santos Ltd. | 934733 | 3593453 |
|  | SEEK Ltd. | 52818 | 719064 |
|  \* | Select Harvests Ltd. | 52535 | 172216 |
|  | Servcorp Ltd. | 17474 | 56493 |
|  | Service Stream Ltd. | 247108 | 295956 |
|  #\* | Seven West Media Ltd. | 350264 | 31347 |
|  | SGH Ltd. | 38489 | 1258770 |
|  | Shaver Shop Group Ltd. | 37320 | 30417 |
|  | Sigma Healthcare Ltd. | 468793 | 904616 |
|  \* | Silver Mines Ltd. | 226605 | 15992 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Sims Ltd. (SGM AU) | 49151 | $458775 |
|  | SmartGroup Corp. Ltd. | 40611 | 203657 |
|  | Solvar Ltd. | 71428 | 74104 |
|  | Sonic Healthcare Ltd. | 63997 | 1068555 |
|  | South32 Ltd. (S32 AU) | 624512 | 1076219 |
|  | Southern Cross Electrical Engineering Ltd. | 60055 | 72023 |
|  \* | Southern Cross Media Group Ltd. | 17486 | 7468 |
|  \*†† | SpeedCast International Ltd. | 165938 | 0 |
|  | SRG Global Ltd. | 198496 | 164290 |
|  #\* | St Barbara Ltd. | 475015 | 88156 |
|  | Stanmore Resources Ltd. | 126468 | 157087 |
|  #\* | Star Entertainment Group Ltd. | 467009 | 31035 |
|  | Steadfast Group Ltd. | 222164 | 834862 |
|  \*†† | Strandline Resources Ltd. | 48114 | 555 |
|  | Suncorp Group Ltd. | 147715 | 1920898 |
|  | Super Retail Group Ltd. | 81947 | 702804 |
|  \* | Superloop Ltd. | 167446 | 267789 |
|  #\* | Syrah Resources Ltd. | 174560 | 27933 |
|  | Tabcorp Holdings Ltd. | 681189 | 242790 |
|  | Technology One Ltd. | 81650 | 1576022 |
|  #\* | Telix Pharmaceuticals Ltd. | 8707 | 151361 |
|  | Telstra Group Ltd. (TLS AU) | 455524 | 1314686 |
|  \* | Temple & Webster Group Ltd. | 6889 | 78613 |
|  # | Ten Sixty Four Ltd. | 85990 | 6059 |
|  | TPG Telecom Ltd. | 105875 | 342830 |
|  | Transurban Group | 142785 | 1286689 |
|  # | Treasury Wine Estates Ltd. | 151970 | 868659 |
|  \* | Tuas Ltd. | 69768 | 251953 |
|  #\* | Tyro Payments Ltd. | 93153 | 48211 |
|  | Universal Store Holdings Ltd. | 2706 | 13339 |
|  \* | Vault Minerals Ltd. | 2305866 | 634504 |
|  | Ventia Services Group Pty. Ltd. | 320736 | 868388 |
|  W | Viva Energy Group Ltd. | 323958 | 356200 |
|  \* | Vulcan Energy Resources Ltd. | 45082 | 140555 |
|  \* | WEB Travel Group Ltd. | 49741 | 136781 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  #\* | Webjet Group Ltd. | 49741 | $| 20375 |
|  | Wesfarmers Ltd. | 85628 |  | 4289665 |
|  \* | West African Resources Ltd. | 453612 |  | 694213 |
|  | Westgold Resources Ltd. | 266938 |  | 507109 |
|  | Westpac Banking Corp. | 185464 |  | 3891992 |
|  # | Whitehaven Coal Ltd. | 259963 |  | 831553 |
|  | WiseTech Global Ltd. | 16426 |  | 934030 |
|  | Woodside Energy Group Ltd. (WDS AU) | 217814 |  | 2839234 |
|  | Woodside Energy Group Ltd. (WDS LN) | 19303 |  | 256441 |
|  # | Woodside Energy Group Ltd. (WDS US), ADR | 36413 |  | 471547 |
|  | Woolworths Group Ltd. | 120720 |  | 2436448 |
|  | Worley Ltd. | 112909 |  | 899555 |
|  | XRF Scientific Ltd. | 28028 |  | 27478 |
|  | Yancoal Australia Ltd. | 132712 |  | 423174 |
|  #\* | Zip Co. Ltd. | 104780 |  | 117381 |
|  TOTAL AUSTRALIA | TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 176138941 |
|  AUSTRIA — (0.4%) | AUSTRIA — (0.4%) | AUSTRIA — (0.4%) | AUSTRIA — (0.4%) | AUSTRIA — (0.4%) |
|  | Addiko Bank AG | 4609 |  | 103361 |
|  | Agrana Beteiligungs AG | 3069 |  | 41345 |
|  \* | ams-OSRAM AG | 34657 |  | 307669 |
|  | ANDRITZ AG | 21497 |  | 1544768 |
|  #\* | AT&S Austria Technologie & Systemtechnik AG | 5164 |  | 83624 |
|  W | BAWAG Group AG | 25816 |  | 2829640 |
|  | CA Immobilien Anlagen AG | 8432 |  | 228278 |
|  #\* | CPI Europe AG | 7957 |  | 157411 |
|  \* | DO & Co. AG | 3370 |  | 538315 |
|  | Erste Group Bank AG | 33760 |  | 2286282 |
|  \* | Eurotelesites AG | 17409 |  | 98851 |
|  | EVN AG | 13989 |  | 366081 |
|  | Fabasoft AG | 2009 |  | 39179 |
|  \* | FACC AG | 1947 |  | 15470 |
|  | Frequentis AG | 473 |  | 21037 |
|  \* | Immofinanz AG (IIA AV) | 12053 |  | 0 |
|  | Kontron AG | 13947 |  | 338908 |
|  \* | Lenzing AG | 5272 |  | 165802 |
|  | Mayr Melnhof Karton AG | 1140 |  | 105624 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) |
|  | Oesterreichische Post AG | 10567 | $| 356263 |
|  | OMV AG | 48840 |  | 2525204 |
|  | Palfinger AG | 3950 |  | 128745 |
|  | Porr AG | 5510 |  | 192936 |
|  | Raiffeisen Bank International AG | 26575 |  | 709852 |
|  | Schoeller-Bleckmann Oilfield Equipment AG | 2329 |  | 82753 |
|  | Semperit AG Holding | 1666 |  | 24672 |
|  | Strabag SE (STR AV) | 5446 |  | 477792 |
|  | Telekom Austria AG | 54990 |  | 580905 |
|  \* | UBM Development AG | 1357 |  | 29718 |
|  | UNIQA Insurance Group AG | 36734 |  | 425662 |
|  | Verbund AG | 6700 |  | 514902 |
|  | Vienna Insurance Group AG Wiener Versicherung Gruppe | 15545 |  | 739358 |
|  | voestalpine AG | 34305 |  | 904007 |
|  | Wienerberger AG | 31530 |  | 1107078 |
|  | Zumtobel Group AG | 7184 |  | 37676 |
|  TOTAL AUSTRIA | TOTAL AUSTRIA | TOTAL AUSTRIA |  | 18109168 |
|  BELGIUM — (0.8%) | BELGIUM — (0.8%) | BELGIUM — (0.8%) | BELGIUM — (0.8%) | BELGIUM — (0.8%) |
|  | Ackermans & van Haaren NV | 9235 |  | 2258764 |
|  | Ageas SA | 62536 |  | 3922022 |
|  \* | AGFA-Gevaert NV | 61134 |  | 63498 |
|  | Anheuser-Busch InBev SA (ABI BB) | 100755 |  | 6640657 |
|  \* | Atenor | 4770 |  | 15792 |
|  | Azelis Group NV | 25006 |  | 387469 |
|  | Barco NV | 4748 |  | 64966 |
|  | Bekaert SA | 14584 |  | 562745 |
|  # | bpost SA | 33088 |  | 53063 |
|  | Cie d'Entreprises CFE | 5331 |  | 46493 |
|  # | CMB Tech NV | 13753 |  | 130791 |
|  | Colruyt Group NV | 15382 |  | 739685 |
|  | Deceuninck NV | 28652 |  | 69543 |
|  | Deme Group NV | 3226 |  | 483566 |
|  | D'ieteren Group | 1932 |  | 385822 |
|  | Econocom Group SA NV | 33625 |  | 69731 |
|  # | Elia Group SA | 5960 |  | 646180 |
|  | EVS Broadcast Equipment SA | 4646 |  | 194349 |
|  | Fagron | 23221 |  | 541306 |
|  \* | Galapagos NV (GLPG BB) | 11025 |  | 300214 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) |
|  \* | Galapagos NV (GLPG NA) | 5777 | $| 157309 |
|  | Gimv NV | 10152 |  | 457142 |
|  | Greenyard NV | 4791 |  | 38740 |
|  \* | Hyloris Pharmaceuticals SA | 480 |  | 3180 |
|  #\* | Immobel SA | 1567 |  | 32157 |
|  # | Ion Beam Applications | 1418 |  | 16893 |
|  | Jensen-Group NV | 1808 |  | 87993 |
|  | KBC Group NV | 77233 |  | 7121559 |
|  # | Kinepolis Group NV | 3839 |  | 132329 |
|  | Lotus Bakeries NV | 149 |  | 1432646 |
|  | Melexis NV | 6435 |  | 386155 |
|  \* | Ontex Group NV | 24734 |  | 203047 |
|  \* | Orange Belgium SA | 8117 |  | 138764 |
|  | Proximus SADP | 42742 |  | 328285 |
|  # | Recticel SA | 16564 |  | 200576 |
|  | Sipef NV | 2093 |  | 152199 |
|  # | Solvay SA | 27594 |  | 1044227 |
|  | Syensqo SA | 27594 |  | 1973876 |
|  # | Tessenderlo Group SA | 6360 |  | 188231 |
|  | Titan Cement International SA (TITC BB) | 2126 |  | 98185 |
|  | Titan Cement International SA (TITC GA) | 11123 |  | 516361 |
|  | UCB SA | 10087 |  | 1849342 |
|  | Umicore SA | 17076 |  | 155221 |
|  | Van de Velde NV | 2388 |  | 89343 |
|  | VGP NV | 4378 |  | 405080 |
|  | Viohalco SA | 4480 |  | 27877 |
|  #\*W | X-Fab Silicon Foundries SE | 20775 |  | 115840 |
|  TOTAL BELGIUM | TOTAL BELGIUM | TOTAL BELGIUM |  | 34929213 |
|  BRAZIL — (1.0%) | BRAZIL — (1.0%) | BRAZIL — (1.0%) | BRAZIL — (1.0%) | BRAZIL — (1.0%) |
|  \* | Allianca Saude e Participacoes SA | 3604 |  | 3709 |
|  | Allied Tecnologia SA | 30900 |  | 38168 |
|  | Allos SA | 81236 |  | 304321 |
|  | Alupar Investimento SA | 52689 |  | 286138 |
|  # | Ambev SA (ABEV US), ADR | 123103 |  | 311451 |
|  | Anima Holding SA | 94515 |  | 53127 |
|  | Armac Locacao Logistica E Servicos SA | 6800 |  | 5248 |
|  | Atacadao SA | 187897 |  | 283080 |
|  | Auren Energia SA | 28552 |  | 44928 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  \* | Automob Participacoes SA | 103108 | $4905 |
|  | B3 SA - Brasil Bolsa Balcao | 239017 | 568150 |
|  | Banco Bradesco SA (BBDC3 BZ) | 98992 | 213329 |
|  | Banco BTG Pactual SA | 22065 | 148172 |
|  | Banco do Brasil SA | 170924 | 871313 |
|  | Banco Santander Brasil SA | 166939 | 868354 |
|  | BB Seguridade Participacoes SA | 91355 | 688485 |
|  | Bemobi Mobile Tech SA | 21514 | 71686 |
|  \* | Blau Farmaceutica SA | 16500 | 37535 |
|  | Boa Safra Sementes SA | 28190 | 51312 |
|  | BR Advisory Partners Participacoes SA | 16368 | 42397 |
|  | BrasilAgro - Co. Brasileira de Propriedades Agricolas | 22841 | 85244 |
|  | Brava Energia | 44491 | 136095 |
|  | BRF SA | 67158 | 268625 |
|  | Brisanet Servicos de Telecomunicacoes SA | 11500 | 5633 |
|  | C&A Modas SA | 69733 | 163546 |
|  | Caixa Seguridade Participacoes SA | 23666 | 68223 |
|  | Camil Alimentos SA | 56357 | 43297 |
|  | CCR SA | 226133 | 535931 |
|  | Centrais Eletricas Brasileiras SA | 69897 | 541303 |
|  \* | Cia Brasileira de Aluminio | 86745 | 60070 |
|  \* | Cia Brasileira de Distribuicao | 73312 | 54643 |
|  | Cia de Saneamento Basico do Estado de Sao Paulo SABESP (SBSP3 BZ) | 30824 | 618582 |
|  | Cia de Saneamento de Minas Gerais Copasa MG | 72502 | 273903 |
|  | Cia De Sanena Do Parana (SAPR11 BZ) | 85475 | 462833 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Cia De Sanena Do Parana (SAPR3 BZ) | 35300 | $38254 |
|  | Cia Energetica de Minas Gerais (CIG US), Sponsored ADR | 12653 | 23914 |
|  | Cia Energetica de Minas Gerais (CMIG3 BZ) | 55020 | 147750 |
|  | Cia Paranaense de Energia - Copel | 120963 | 222523 |
|  | Cia Paranaense de Energia - Copel, ADR | 1200 | 8868 |
|  | Cia Siderurgica Nacional SA (CSNA3 BZ) | 215460 | 353079 |
|  # | Cia Siderurgica Nacional SA (SID US), Sponsored ADR | 28200 | 47376 |
|  | Cogna Educacao SA | 408730 | 185814 |
|  | Cosan SA | 180977 | 247780 |
|  | CPFL Energia SA | 22752 | 153106 |
|  | Cruzeiro do Sul Educacional SA | 89202 | 64287 |
|  | CSU Digital SA | 8100 | 24506 |
|  | Cury Construtora e Incorporadora SA | 48100 | 233501 |
|  | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 96487 | 421471 |
|  W | Desktop SA | 36610 | 59542 |
|  | Dexco SA | 169106 | 164781 |
|  \* | Diagnosticos da America SA | 39480 | 12244 |
|  | Dimed SA Distribuidora da Medicamentos | 29900 | 48366 |
|  | Direcional Engenharia SA | 32225 | 206405 |
|  | EcoRodovias Infraestrutura e Logistica SA | 57169 | 66586 |
|  | Eletromidia SA | 13500 | 72743 |
|  \* | Embraer SA (EMBR3 BZ) | 89895 | 1028340 |
|  | Empreendimentos Pague Menos SA | 129519 | 75313 |
|  | Energisa SA | 68020 | 550618 |
|  \* | Eneva SA | 83675 | 199193 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Engie Brasil Energia SA | 27586 | $202065 |
|  | Equatorial Energia SA | 115031 | 746111 |
|  | Eternit SA | 14100 | 11230 |
|  | Even Construtora e Incorporadora SA | 52473 | 53165 |
|  | Ez Tec Empreendimentos e Participacoes SA | 40956 | 95838 |
|  | Fleury SA | 81925 | 187520 |
|  | Fras-Le SA | 23358 | 120347 |
|  | Gerdau SA, Sponsored ADR | 237430 | 619692 |
|  W | GPS Participacoes e Empreendimentos SA | 45574 | 121260 |
|  | Grendene SA | 43150 | 42274 |
|  \* | Grupo Casas Bahia SA | 28235 | 27065 |
|  | Grupo Mateus SA | 160053 | 217159 |
|  | Grupo SBF SA | 42017 | 78553 |
|  | Guararapes Confeccoes SA | 40800 | 58520 |
|  \*W | Hapvida Participacoes e Investimentos SA | 1134832 | 463919 |
|  \* | Hidrovias do Brasil SA | 44109 | 23550 |
|  | Hypera SA | 104839 | 445577 |
|  | Iochpe Maxion SA | 46160 | 100207 |
|  | Irani Papel e Embalagem SA | 35169 | 49762 |
|  \* | IRB-Brasil Resseguros SA | 22012 | 185517 |
|  | Jalles Machado SA | 59829 | 42169 |
|  | JBS SA | 116808 | 907271 |
|  | JHSF Participacoes SA | 130759 | 118198 |
|  | JSL SA | 40755 | 48402 |
|  | Kepler Weber SA | 46800 | 61849 |
|  | Klabin SA | 175404 | 572714 |
|  | Lavvi Empreendimentos Imobiliarios SA | 36000 | 66226 |
|  | Localiza Rent a Car SA | 58152 | 440202 |
|  | LOG Commercial Properties e Participacoes SA | 12594 | 46603 |
|  \* | Log-in Logistica Intermodal SA | 10894 | 42845 |
|  | Lojas Quero-Quero SA | 54141 | 26330 |
|  | Lojas Renner SA | 292988 | 754263 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  W | LWSA SA | 115435 | $73429 |
|  | M Dias Branco SA | 15058 | 67315 |
|  | Magazine Luiza SA | 21327 | 35024 |
|  | Mahle Metal Leve SA | 13200 | 68894 |
|  | Marcopolo SA | 50800 | 48874 |
|  | Marfrig Global Foods SA | 88781 | 336029 |
|  | Melnick Even Desenvolvimento Imobiliario SA | 25547 | 14585 |
|  | Mills Locacao Servicos e Logistica SA | 45673 | 81767 |
|  \* | Minerva SA | 25386 | 26437 |
|  | Moura Dubeux Engenharia SA | 25187 | 73051 |
|  | Movida Participacoes SA | 45707 | 56941 |
|  \* | MRV Engenharia e Participacoes SA | 100488 | 104823 |
|  | Multiplan Empreendimentos Imobiliarios SA | 60291 | 273454 |
|  | Natura & Co. Holding SA | 203694 | 341335 |
|  | Neoenergia SA | 35776 | 144361 |
|  \* | Oceanpact Servicos Maritimos SA | 27300 | 26073 |
|  | Odontoprev SA | 92393 | 173873 |
|  \* | Oncoclinicas do Brasil Servicos Medicos SA | 14278 | 15221 |
|  \* | Orizon Valorizacao de Residuos SA | 11528 | 99616 |
|  | Pet Center Comercio e Participacoes SA | 59500 | 48752 |
|  | Petroleo Brasileiro SA (PBRA US), Sponsored ADR | 24230 | 255869 |
|  | Petroleo Brasileiro SA (PETR3 BZ) | 635315 | 3587896 |
|  | Petroreconcavo SA | 45407 | 102733 |
|  | Plano & Plano Desenvolvimento Imobiliario SA | 19900 | 40956 |
|  | Porto Seguro SA | 92486 | 716890 |
|  | Positivo Tecnologia SA | 23500 | 25466 |
|  \* | PRIO SA | 196674 | 1168233 |
|  \* | Qualicorp Consultoria e Corretora de Seguros SA | 43800 | 15899 |
|  | Raia Drogasil SA | 227100 | 793929 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  W | Rede D'Or Sao Luiz SA | 15563 | $87809 |
|  | Romi SA | 26826 | 43299 |
|  | Rumo SA | 63328 | 216481 |
|  | Santos Brasil Participacoes SA | 151049 | 360379 |
|  | Sao Carlos Empreendimentos e Participacoes SA | 9300 | 30267 |
|  | Sao Martinho SA | 62400 | 214518 |
|  # | Sendas Distribuidora SA (ASAI US), ADR | 3578 | 29053 |
|  | Sendas Distribuidora SA (ASAI3 BZ) | 300023 | 485839 |
|  W | Ser Educacional SA | 45190 | 47697 |
|  \* | Serena Energia SA | 68844 | 118883 |
|  \* | Simpar SA | 46871 | 44268 |
|  | SLC Agricola SA | 37092 | 129343 |
|  | Smartfit Escola de Ginastica e Danca SA | 51123 | 220251 |
|  | Suzano SA (SUZB3 BZ) | 148193 | 1307720 |
|  | Tegma Gestao Logistica SA | 10018 | 62948 |
|  # | Telefonica Brasil SA (VIV US), ADR | 1013 | 9836 |
|  | Telefonica Brasil SA (VIVT3 BZ) | 57440 | 281272 |
|  | TIM SA | 197336 | 658928 |
|  | TOTVS SA | 50973 | 337895 |
|  | Transmissora Alianca de Energia Eletrica SA | 75150 | 475651 |
|  | Tres Tentos Agroindustrial SA | 27032 | 77164 |
|  | Trisul SA | 36232 | 44435 |
|  | Tupy SA | 50083 | 189295 |
|  | Ultrapar Participacoes SA (UGPA3 BZ) | 180177 | 566074 |
|  | Unifique Telecomunicacoes SA | 47900 | 33002 |
|  | Unipar Carbocloro SA | 8239 | 72690 |
|  \* | Usinas Siderurgicas de Minas Gerais SA Usiminas | 29569 | 28709 |
|  | Vale SA (VALE US), Sponsored ADR | 75500 | 702905 |
|  | Vale SA (VALE3 BZ) | 397700 | 3704293 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA | 23581 | $102840 |
|  | Vamos Locacao de Caminhoes Maquinas e Equipamentos SA | 89553 | 77637 |
|  | Veste SA Estilo | 1700 | 1968 |
|  | Vibra Energia SA | 371174 | 1229584 |
|  | Vivara Participacoes SA | 28310 | 110294 |
|  | Vulcabras SA | 47216 | 139772 |
|  | WEG SA | 67868 | 533841 |
|  | Wilson Sons SA | 60127 | 181489 |
|  | Wiz Co | 25600 | 26930 |
|  | YDUQS Participacoes SA | 67054 | 168842 |
|  \* | Zamp SA | 36410 | 20145 |
|  TOTAL BRAZIL | TOTAL BRAZIL | TOTAL BRAZIL | 41838470 |
|  CANADA — (7.2%) | CANADA — (7.2%) | CANADA — (7.2%) |  |
|  \* | 5N Plus, Inc. | 22100 | 106444 |
|  | Acadian Timber Corp. | 4133 | 51775 |
|  \* | ACT Energy Technologies Ltd. | 7700 | 27089 |
|  | ADENTRA, Inc. | 6745 | 132150 |
|  | ADF Group, Inc. | 6900 | 30431 |
|  \* | Advantage Energy Ltd. | 61829 | 439073 |
|  | Aecon Group, Inc. | 25549 | 299116 |
|  | Africa Oil Corp. | 122132 | 159464 |
|  | Ag Growth International, Inc. | 6585 | 158678 |
|  | AGF Management Ltd., Class B | 30300 | 225503 |
|  | Agnico Eagle Mines Ltd. (AEM CN) | 22991 | 2702200 |
|  | Agnico Eagle Mines Ltd. (AEM US) | 31200 | 3668510 |
|  #\* | Aimia, Inc. | 23772 | 44833 |
|  #\* | Air Canada | 48395 | 490409 |
|  | Alamos Gold, Inc. (AGI CN), Class A | 33187 | 948716 |
|  | Alamos Gold, Inc. (AGI US), Class A | 56128 | 1600771 |
|  | Algoma Central Corp. | 4600 | 51385 |
|  | Algoma Steel Group, Inc. (ASTL US) | 18583 | 95052 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  # | Algonquin Power & Utilities Corp. (AQN CN) | 23300 | $125576 |
|  # | Algonquin Power & Utilities Corp. (AQN US) | 91020 | 489688 |
|  | Alimentation Couche-Tard, Inc. | 57848 | 3019543 |
|  | AltaGas Ltd. | 81960 | 2425626 |
|  | Altius Minerals Corp. | 8140 | 159954 |
|  | Altus Group Ltd. | 4925 | 183410 |
|  | Amerigo Resources Ltd. | 65100 | 81694 |
|  | Andlauer Healthcare Group, Inc. | 7033 | 272933 |
|  | Andrew Peller Ltd., Class A | 10400 | 33721 |
|  | ARC Resources Ltd. | 223661 | 4138695 |
|  \* | Aritzia, Inc. | 39144 | 1376826 |
|  \* | Arizona Sonoran Copper Co., Inc. | 9300 | 14167 |
|  | Atco Ltd., Class I | 16401 | 616614 |
|  \* | Athabasca Oil Corp. | 187300 | 616816 |
|  | AtkinsRealis Group, Inc. | 26330 | 1303895 |
|  #\* | ATS Corp. (ATS CN) | 9128 | 230021 |
|  | Aura Minerals, Inc. | 2500 | 51683 |
|  #\* | Aurora Cannabis, Inc. (ACB CN) | 552 | 2557 |
|  #\* | Aurora Cannabis, Inc. (ACB US) | 471 | 2185 |
|  #\* | AutoCanada, Inc. | 8401 | 95003 |
|  | B2Gold Corp. (BTG US) | 259700 | 807667 |
|  | B2Gold Corp. (BTO CN) | 337844 | 1056222 |
|  | Badger Infrastructure Solution | 13920 | 396618 |
|  #\* | Ballard Power Systems, Inc. (BLDP CN) | 4900 | 5971 |
|  #\* | Ballard Power Systems, Inc. (BLDP US) | 57556 | 70218 |
|  | Bank of Montreal (BMO US) | 67310 | 6426759 |
|  | Bank of Nova Scotia (BNS CN) | 3916 | 195942 |
|  | Bank of Nova Scotia (BNS US) | 73748 | 3685925 |
|  | Barrick Gold Corp. (0R22 LI) | 32190 | 611072 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Barrick Gold Corp. (ABX CN) | 3391 | $64667 |
|  | Barrick Gold Corp. (GOLD US) | 200729 | 3821880 |
|  \* | Bausch & Lomb Corp. | 9857 | 113947 |
|  #\* | Bausch Health Cos., Inc. (BHC CN) | 29319 | 155889 |
|  #\* | Bausch Health Cos., Inc. (BHC US) | 24186 | 128186 |
|  # | Baytex Energy Corp. | 250239 | 386631 |
|  # | BCE, Inc. (BCE CN) | 156 | 3467 |
|  | BCE, Inc. (BCE US) | 12923 | 287537 |
|  | Birchcliff Energy Ltd. | 71415 | 291648 |
|  | Bird Construction, Inc. | 19843 | 303855 |
|  | Black Diamond Group Ltd. | 16027 | 94632 |
|  | BMTC Group, Inc. | 1900 | 16194 |
|  \* | Bombardier, Inc. (BBD/A CN), Class A | 504 | 33506 |
|  \* | Bombardier, Inc. (BBD/B CN), Class B | 14138 | 934463 |
|  \* | Bonterra Energy Corp. | 12185 | 28019 |
|  | Boralex, Inc., Class A | 25843 | 573997 |
|  # | Boyd Group Services, Inc. | 6929 | 995170 |
|  \* | Bragg Gaming Group, Inc. | 2600 | 10166 |
|  | Brookfield Corp. (BN US) | 23760 | 1275172 |
|  # | Brookfield Infrastructure Corp., Class A | 23900 | 894816 |
|  | Brookfield Renewable Corp. | 4500 | 128070 |
|  # | BRP, Inc. (DOO CN) | 518 | 17547 |
|  | BRP, Inc. (DOOO US) | 6204 | 210254 |
|  \* | CAE, Inc. (CAE CN) | 5583 | 139676 |
|  #\* | CAE, Inc. (CAE US) | 36662 | 917283 |
|  \* | Calfrac Well Services Ltd. | 8000 | 19208 |
|  | Calian Group Ltd. | 3900 | 134602 |
|  # | Cameco Corp. (CCJ US) | 9765 | 440890 |
|  | Canaccord Genuity Group, Inc. | 29551 | 181130 |
|  \* | Canacol Energy Ltd. | 8897 | 19167 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  #\* | Canada Goose Holdings, Inc. (GOOS CN) | 10400 | $87056 |
|  | Canadian Imperial Bank of Commerce (CM US) | 73320 | 4615494 |
|  | Canadian National Railway Co. (CNI US) | 35088 | 3397220 |
|  | Canadian National Railway Co. (CNR CN) | 60 | 5811 |
|  | Canadian Natural Resources Ltd. (CNQ CN) | 568 | 16299 |
|  | Canadian Natural Resources Ltd. (CNQ US) | 254516 | 7302064 |
|  | Canadian Pacific Kansas City Ltd. (CP US) | 20575 | 1491070 |
|  | Canadian Tire Corp. Ltd., Class A | 19795 | 2166451 |
|  | Canadian Utilities Ltd., Class A | 19541 | 546995 |
|  \* | Canfor Corp. | 16248 | 155220 |
|  # | Capital Power Corp. | 32001 | 1214952 |
|  #\* | Capstone Copper Corp. | 147815 | 711948 |
|  # | Cardinal Energy Ltd. | 45786 | 190637 |
|  | Cargojet, Inc. | 1100 | 68062 |
|  | Cascades, Inc. | 57125 | 365888 |
|  | CCL Industries, Inc., Class B | 38088 | 1990323 |
|  \* | Celestica, Inc. (CLS CN) | 21675 | 1849434 |
|  \* | Celestica, Inc. (CLS US) | 21881 | 1867543 |
|  | Cenovus Energy, Inc. (CVE CN) | 103904 | 1223242 |
|  | Cenovus Energy, Inc. (CVE US) | 316100 | 3720497 |
|  | Centerra Gold, Inc. | 75250 | 503814 |
|  | CES Energy Solutions Corp. | 98206 | 433115 |
|  | CGI, Inc. (GIB US) | 14481 | 1535855 |
|  | CGI, Inc. (GIBA CN) | 12368 | 1311442 |
|  | China Gold International Resources Corp. Ltd. (2099 HK) | 17900 | 112979 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) |  |  |
|  | China Gold International Resources Corp. Ltd. (CGG CN) | 94140 | $587948 |
|  | CI Financial Corp. | 45671 | 1035267 |
|  \* | Cineplex, Inc. | 20543 | 147076 |
|  \* | Cipher Pharmaceuticals, Inc. | 4757 | 46652 |
|  # | Cogeco Communications, Inc. | 5105 | 251066 |
|  | Cogeco, Inc. | 1507 | 70092 |
|  | Colliers International Group, Inc. (CIGI CN) | 1500 | 179323 |
|  | Colliers International Group, Inc. (CIGI US) | 5870 | 700702 |
|  | Computer Modelling Group Ltd. | 26284 | 151572 |
|  | Constellation Software, Inc. | 1541 | 5553625 |
|  | Corby Spirit & Wine Ltd. | 3900 | 43142 |
|  \* | Cronos Group, Inc. (CRON CN) | 7100 | 13339 |
|  #\* | Cronos Group, Inc. (CRON US) | 72551 | 136396 |
|  \* | Culico Metals, Inc. | 1306 | 118 |
|  | Definity Financial Corp. | 30208 | 1507771 |
|  #\* | Denison Mines Corp. (DML CN) | 90674 | 130230 |
|  # | dentalcorp Holdings Ltd. | 17249 | 105226 |
|  \* | Descartes Systems Group, Inc. (DSGX US) | 6343 | 668489 |
|  | Dexterra Group, Inc. | 13416 | 83496 |
|  \* | Docebo, Inc. | 4175 | 130768 |
|  | Dollarama, Inc. | 42500 | 5243907 |
|  # | Doman Building Materials Group Ltd. | 26592 | 132709 |
|  | Dominion Lending Centres, Inc. | 2400 | 13840 |
|  \* | Dorel Industries, Inc., Class B | 11212 | 13501 |
|  | DREAM Unlimited Corp., Class A | 13700 | 188914 |
|  | Dundee Precious Metals, Inc. | 81044 | 1062284 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) |  |  |
|  # | Dye & Durham Ltd. | 6736 | $43682 |
|  | Dynacor Group, Inc. | 9700 | 33422 |
|  | E-L Financial Corp. Ltd. | 400 | 392340 |
|  \* | Eldorado Gold Corp. (EGO US) | 3557 | 67014 |
|  \* | Eldorado Gold Corp. (ELD CN) | 69839 | 1314096 |
|  | Element Fleet Management Corp. | 136349 | 2985911 |
|  # | Emera, Inc. | 28900 | 1300773 |
|  | Empire Co. Ltd., Class A | 50247 | 1866130 |
|  | Enbridge, Inc. (ENB CN) | 31909 | 1492203 |
|  | Enbridge, Inc. (ENB US) | 60256 | 2813353 |
|  \* | Endeavour Silver Corp. (EDR CN) | 14200 | 51502 |
|  \* | Endeavour Silver Corp. (EXK US) | 14486 | 52729 |
|  | Enerflex Ltd. (EFX CN) | 36512 | 238893 |
|  | Enerflex Ltd. (EFXT US) | 9894 | 64806 |
|  \* | Energy Fuels, Inc. | 27818 | 126519 |
|  | Enghouse Systems Ltd. | 14122 | 256605 |
|  \* | Ensign Energy Services, Inc. | 56169 | 73338 |
|  # | EQB, Inc. | 11580 | 800587 |
|  \* | Equinox Gold Corp. (EQX CN) | 31847 | 214145 |
|  #\* | Equinox Gold Corp. (EQX US) | 96823 | 648714 |
|  \* | ERO Copper Corp. (ERO CN) | 15478 | 193335 |
|  \* | ERO Copper Corp. (ERO US) | 18292 | 228101 |
|  | Evertz Technologies Ltd. | 10300 | 81961 |
|  # | Exchange Income Corp. | 9600 | 352775 |
|  | Exco Technologies Ltd. | 9498 | 39271 |
|  | Extendicare, Inc. | 25174 | 251996 |
|  | Fairfax Financial Holdings Ltd. | 2753 | 4298043 |
|  | Fiera Capital Corp. | 31773 | 145889 |
|  | Finning International, Inc. | 56844 | 1604381 |
|  \* | Firan Technology Group Corp. | 6200 | 40476 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) |  |  |
|  | Firm Capital Mortgage Investment Corp. | 15144 | $130063 |
|  | First Majestic Silver Corp. (AG US) | 93854 | 587526 |
|  | First Majestic Silver Corp. (FR CN) | 10702 | 66839 |
|  # | First National Financial Corp. | 6600 | 179243 |
|  \* | First Quantum Minerals Ltd. | 143680 | 1929143 |
|  | FirstService Corp. (FSV US) | 6756 | 1185881 |
|  # | Fortis, Inc. (FTS CN) | 26021 | 1288593 |
|  # | Fortis, Inc. (FTS US) | 15999 | 792110 |
|  \* | Fortuna Mining Corp. (FSM US) | 55338 | 345862 |
|  \* | Fortuna Mining Corp. (FVI CN) | 83472 | 520716 |
|  | Franco-Nevada Corp. (FNV US) | 7320 | 1257430 |
|  # | Freehold Royalties Ltd. | 41798 | 345942 |
|  | Frontera Energy Corp. | 4809 | 17372 |
|  | Gamehost, Inc. | 8187 | 59030 |
|  \* | GDI Integrated Facility Services, Inc. | 3443 | 78445 |
|  | George Weston Ltd. | 8724 | 1699744 |
|  | GFL Environmental, Inc. | 12275 | 612522 |
|  | Gibson Energy, Inc. | 58333 | 917774 |
|  | Gildan Activewear, Inc. (GIL CN) | 389 | 17926 |
|  | Gildan Activewear, Inc. (GIL US) | 42626 | 1965911 |
|  \* | Global Atomic Corp. | 46400 | 25916 |
|  | goeasy Ltd. | 6000 | 677426 |
|  \* | GoGold Resources, Inc. | 57700 | 74082 |
|  \* | GoldMoney, Inc. | 20 | 116 |
|  \* | Gran Tierra Energy, Inc. (GTE CN) | 13205 | 58619 |
|  | Great-West Lifeco, Inc. | 36571 | 1422147 |
|  | Guardian Capital Group Ltd., Class A**.** | 8800 | 256927 |
|  \* | Haivision Systems, Inc. | 8928 | 26293 |
|  | Hammond Power Solutions, Inc. | 3227 | 214884 |
|  | Headwater Exploration, Inc. | 85184 | 346025 |
|  | High Liner Foods, Inc. | 7375 | 90623 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) |  |  |
|  \* | HLS Therapeutics, Inc. | 2000 | $6151 |
|  | Hudbay Minerals, Inc. (HBM CN) | 121585 | 884595 |
|  | Hudbay Minerals, Inc. (HBM US) | 55600 | 404212 |
|  W | Hydro One Ltd. | 28071 | 1079998 |
|  #\* | i-80 Gold Corp. | 17870 | 11148 |
|  | iA Financial Corp., Inc. | 36578 | 3553261 |
|  \* | IAMGOLD Corp. (IAG US) | 12000 | 84960 |
|  \* | IAMGOLD Corp. (IMG CN) | 244187 | 1730529 |
|  | IGM Financial, Inc. | 24077 | 765134 |
|  \* | Imperial Metals Corp. | 21384 | 53980 |
|  # | Imperial Oil Ltd. (IMO CN) | 6378 | 430212 |
|  | Imperial Oil Ltd. (IMO US) | 17505 | 1179487 |
|  | Information Services Corp. | 4900 | 94830 |
|  | Innergex Renewable Energy, Inc. | 34125 | 336154 |
|  | InPlay Oil Corp. | 783 | 3955 |
|  | Intact Financial Corp. | 11349 | 2520472 |
|  \* | Interfor Corp. | 14670 | 141316 |
|  \* | International Petroleum Corp. (IPCO CN) | 1551 | 20645 |
|  #\* | International Petroleum Corp. (IPCO SS) | 36209 | 494783 |
|  #\* | Ivanhoe Mines Ltd., Class A | 15341 | 136206 |
|  W | Jamieson Wellness, Inc. | 5611 | 130039 |
|  \* | K92 Mining, Inc. | 82662 | 760303 |
|  | K-Bro Linen, Inc. | 2800 | 71107 |
|  \* | Kelt Exploration Ltd. | 59923 | 242978 |
|  | Keyera Corp. | 66289 | 2057527 |
|  \* | Kinaxis, Inc. | 138 | 18634 |
|  | Kinross Gold Corp. (K CN) | 445385 | 6574485 |
|  | Kinross Gold Corp. (KGC US) | 188400 | 2780784 |
|  \* | Knight Therapeutics, Inc. | 25978 | 114570 |
|  \* | Kolibri Global Energy, Inc. | 2900 | 19668 |
|  | KP Tissue, Inc. | 2889 | 16744 |
|  | Labrador Iron Ore Royalty Corp. | 20388 | 441597 |
|  #\* | Largo, Inc. (LGO CN) | 4970 | 7643 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) |  |  |
|  | Lassonde Industries, Inc., Class A | 1012 | $152145 |
|  | Laurentian Bank of Canada | 11572 | 229660 |
|  | Leon's Furniture Ltd. | 10815 | 180433 |
|  #\* | Lightspeed Commerce, Inc. (LSPD US) | 39616 | 388237 |
|  # | Linamar Corp. | 15966 | 585899 |
|  | Loblaw Cos. Ltd. | 11809 | 1917057 |
|  \* | Lucara Diamond Corp. | 157133 | 39893 |
|  | Lundin Gold, Inc. | 41117 | 1677070 |
|  | Lundin Mining Corp. | 237601 | 1944102 |
|  | Magellan Aerospace Corp. | 7228 | 71305 |
|  | Magna International, Inc. (MG CN) | 5037 | 175013 |
|  | Magna International, Inc. (MGA US) | 75692 | 2631054 |
|  | Mainstreet Equity Corp | 1200 | 162069 |
|  \* | Major Drilling Group International, Inc. | 32971 | 208550 |
|  | Manulife Financial Corp. (MFC CN) | 20608 | 631574 |
|  | Manulife Financial Corp. (MFC US) | 65433 | 2003558 |
|  | Maple Leaf Foods, Inc. | 23609 | 432072 |
|  | Martinrea International, Inc. | 16685 | 88835 |
|  \* | Mattr Corp. | 18364 | 126814 |
|  \* | MDA Space Ltd. | 27244 | 531797 |
|  | Medical Facilities Corp. | 10522 | 111051 |
|  # | MEG Energy Corp. | 119337 | 1674146 |
|  | Melcor Developments Ltd. | 4200 | 36833 |
|  | Methanex Corp. (MEOH US) | 25592 | 800774 |
|  | Methanex Corp. (MX CN) | 800 | 25069 |
|  | Metro, Inc. | 29325 | 2259877 |
|  | Morguard Corp. | 800 | 67309 |
|  | MTY Food Group, Inc. | 7270 | 228704 |
|  # | Mullen Group Ltd. | 26503 | 252034 |
|  # | National Bank of Canada | 81086 | 7121622 |
|  | Neo Performance Materials, Inc. | 5700 | 46349 |
|  \* | New Gold, Inc. (NGD CN) | 191984 | 764538 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) |  |  |
|  \* | New Gold, Inc. (NGD US) | 121100 | $481978 |
|  \* | NFI Group, Inc. | 9211 | 77504 |
|  | North American Construction Group Ltd. (NOA CN) | 5210 | 79363 |
|  | North American Construction Group Ltd. (NOA US) | 1520 | 23089 |
|  | North West Co., Inc. | 19336 | 775628 |
|  # | Northland Power, Inc. | 85800 | 1165700 |
|  | Nutrien Ltd. (NTR CN) | 29041 | 1657861 |
|  # | Nutrien Ltd. (NTR US) | 40814 | 2328423 |
|  \* | NuVista Energy Ltd. | 58390 | 497666 |
|  \* | Obsidian Energy Ltd. (OBE US) | 27221 | 114600 |
|  | OceanaGold Corp. | 288782 | 1022237 |
|  | Onex Corp. | 26115 | 1849039 |
|  # | Open Text Corp. (OTEX US) | 59166 | 1603399 |
|  \* | Orezone Gold Corp. | 26000 | 20934 |
|  #\* | Organigram Global, Inc. | 5451 | 6365 |
|  \* | Orla Mining Ltd. (ORLA US) | 11449 | 125939 |
|  # | Osisko Gold Royalties Ltd. (OR CN) | 22146 | 530759 |
|  | Osisko Gold Royalties Ltd. (OR US) | 12357 | 296939 |
|  | Pan American Silver Corp. (PAAS CN) | 87196 | 2195406 |
|  | Pan American Silver Corp. (PAAS US) | 18699 | 470841 |
|  | Paramount Resources Ltd., Class A | 32032 | 363627 |
|  | Parex Resources, Inc. | 34096 | 274529 |
|  | Parkland Corp. | 46223 | 1164460 |
|  | Pason Systems, Inc. | 25293 | 201449 |
|  | Pembina Pipeline Corp. (PBA US) | 37393 | 1428413 |
|  | Pembina Pipeline Corp. (PPL CN) | 1809 | 69147 |
|  \* | Perpetua Resources Corp. | 5688 | 83784 |
|  | Pet Valu Holdings Ltd. | 3906 | 81061 |
|  # | Peyto Exploration & Development Corp. | 65658 | 822035 |
|  | PHX Energy Services Corp. | 16900 | 92799 |
|  # | Pine Cliff Energy Ltd. | 37500 | 14961 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) |  |  |
|  | Pizza Pizza Royalty Corp. | 8700 | $90244 |
|  | Polaris Renewable Energy, Inc. | 8314 | 72188 |
|  | Pollard Banknote Ltd. | 4583 | 68083 |
|  | PrairieSky Royalty Ltd. | 34686 | 583971 |
|  \* | Precision Drilling Corp. (PD CN) | 4409 | 184468 |
|  #\* | Precision Drilling Corp. (PDS US) | 600 | 25032 |
|  | Premium Brands Holdings Corp. | 13922 | 791633 |
|  # | Propel Holdings, Inc. | 8500 | 166597 |
|  \* | Quarterhill, Inc. | 41182 | 42120 |
|  | Quebecor, Inc., Class B | 63577 | 1744148 |
|  | RB Global, Inc. (RBA CN) | 2500 | 251940 |
|  | RB Global, Inc. (RBA US) | 13472 | 1356630 |
|  \* | Real Matters, Inc. | 3718 | 16209 |
|  | Restaurant Brands International, Inc. (QSR CN) | 11748 | 756982 |
|  # | Restaurant Brands International, Inc. (QSR US) | 16446 | 1059122 |
|  | Richelieu Hardware Ltd. | 17500 | 413953 |
|  | Rogers Communications, Inc. (RCI US), Class B | 14303 | 373165 |
|  # | Rogers Communications, Inc. (RCIB CN), Class B | 47065 | 1226981 |
|  | Rogers Sugar, Inc. | 41478 | 169992 |
|  | Royal Bank of Canada (RY CN) | 72395 | 8689395 |
|  | Royal Bank of Canada (RY US) | 63446 | 7605906 |
|  | Russel Metals, Inc. | 21780 | 631945 |
|  | Sandstorm Gold Ltd. (SAND US) | 120390 | 1047393 |
|  \* | Sangoma Technologies Corp. | 3800 | 21335 |
|  | Saputo, Inc. | 42295 | 825283 |
|  \* | Saturn Oil & Gas, Inc. | 13800 | 15416 |
|  | Savaria Corp. | 11749 | 147949 |
|  #\* | Seabridge Gold, Inc. (SA US) | 10332 | 128427 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) |  |  |
|  #\* | Seabridge Gold, Inc. (SEA CN) | 4791 | $59531 |
|  | Secure Waste Infrastructure Corp. | 95708 | 911538 |
|  \* | Shopify, Inc. (SHOP US), Class A | 11068 | 1051460 |
|  | Sienna Senior Living, Inc. | 21062 | 258653 |
|  \* | SNDL, Inc. | 5618 | 8371 |
|  \* | Source Energy Services Ltd. | 6300 | 41494 |
|  # | South Bow Corp. | 28479 | 703168 |
|  \* | Spartan Delta Corp. | 23057 | 45157 |
|  W | Spin Master Corp. | 7902 | 139744 |
|  | Sprott, Inc. (SII CN) | 1989 | 104500 |
|  | Sprott, Inc. (SII US) | 1953 | 102552 |
|  \* | SSR Mining, Inc. (SSRM CN) | 64155 | 683153 |
|  | Stantec, Inc. (STN CN) | 8643 | 758598 |
|  | Stantec, Inc. (STN US) | 11731 | 1029982 |
|  | Stella-Jones, Inc. | 16113 | 790105 |
|  \*W | STEP Energy Services Ltd. | 10300 | 29138 |
|  | StorageVault Canada, Inc. | 48103 | 131545 |
|  | Strathcona Resources Ltd. | 251 | 4493 |
|  # | Sun Life Financial, Inc. (SLF CN) | 76133 | 4536723 |
|  | Sun Life Financial, Inc. (SLF US) | 28725 | 1710574 |
|  | Suncor Energy, Inc. (SU CN) | 29216 | 1031858 |
|  | Suncor Energy, Inc. (SU US) | 169953 | 5997641 |
|  | Superior Plus Corp. | 79838 | 400754 |
|  | Surge Energy, Inc. | 27588 | 93456 |
|  | Sylogist Ltd. | 6800 | 41976 |
|  | Tamarack Valley Energy Ltd. | 186431 | 482779 |
|  \* | Taseko Mines Ltd. (TKO CN) | 90127 | 204626 |
|  | TC Energy Corp. (TRP CN) | 3561 | 179910 |
|  | TC Energy Corp. (TRP US) | 126263 | 6364918 |
|  | Teck Resources Ltd. (TECK US), Class B | 76842 | 2611860 |
|  | Teck Resources Ltd. (TECKB CN), Class B | 6161 | 209374 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) |  |  |
|  | TELUS Corp. | 14671 | $225822 |
|  \* | Tenaz Energy Corp. | 10400 | 118514 |
|  | TerraVest Industries, Inc. | 6094 | 635171 |
|  | TFI International, Inc. (TFII CN) | 9234 | 750656 |
|  | TFI International, Inc. (TFII US) | 5857 | 476350 |
|  | Thomson Reuters Corp. (TRI US) | 6520 | 1212590 |
|  # | Timbercreek Financial Corp. | 34144 | 171389 |
|  | TMX Group Ltd. | 29375 | 1190469 |
|  | Topaz Energy Corp. | 29771 | 497335 |
|  \* | Torex Gold Resources, Inc. | 38727 | 1254287 |
|  | Toromont Industries Ltd. | 20391 | 1725233 |
|  # | Toronto-Dominion Bank (TD CN) | 53645 | 3427817 |
|  # | Toronto-Dominion Bank (TD US) | 89326 | 5697212 |
|  | Total Energy Services, Inc. | 16098 | 103459 |
|  \* | Touchstone Exploration, Inc. | 17050 | 4514 |
|  | Tourmaline Oil Corp. | 91889 | 4059226 |
|  # | TransAlta Corp. | 36699 | 326988 |
|  | TransAlta Corp. | 57990 | 516972 |
|  | Transcontinental, Inc., Class A | 26281 | 358395 |
|  | Trican Well Service Ltd. | 112926 | 331750 |
|  | Triple Flag Precious Metals Corp. (TFPM CN) | 900 | 18678 |
|  | Triple Flag Precious Metals Corp. (TFPM US) | 16149 | 335748 |
|  \* | Trisura Group Ltd. (TRRSF US) | 242 | 6526 |
|  \* | Trisura Group Ltd. (TSU CN) | 10447 | 286817 |
|  \* | Valeura Energy, Inc. | 4500 | 24547 |
|  | Vecima Networks, Inc. | 3700 | 26839 |
|  | Veren, Inc. (VRN CN) | 132111 | 781971 |
|  # | Veren, Inc. (VRN US) | 82900 | 489939 |
|  # | Vermilion Energy, Inc. (VET CN) | 39174 | 236419 |
|  | Vermilion Energy, Inc. (VET US) | 17207 | 103758 |
|  | VersaBank (VBNK CN) | 2000 | 22182 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) |  |  |
|  | VersaBank (VBNK US) | 2582 | $28609 |
|  \* | VerticalScope Holdings, Inc. | 3500 | 11932 |
|  \* | Vitalhub Corp. | 8887 | 72522 |
|  | Wajax Corp. | 9255 | 118356 |
|  \* | Wall Financial Corp. | 200 | 1816 |
|  | Waste Connections, Inc. (WCN CN) | 2961 | 584834 |
|  | Waste Connections, Inc. (WCN US) | 7735 | 1528603 |
|  \* | Well Health Technologies Corp. | 96193 | 276312 |
|  \* | Wesdome Gold Mines Ltd. | 58768 | 722984 |
|  | West Fraser Timber Co. Ltd. (WFG CN) | 8795 | 651172 |
|  # | West Fraser Timber Co. Ltd. (WFG US) | 7824 | 578814 |
|  \* | Western Forest Products, Inc. | 46559 | 13002 |
|  \* | Westgold Resources Ltd. | 10989 | 20965 |
|  | Westshore Terminals Investment Corp. | 12032 | 222294 |
|  # | Wheaton Precious Metals Corp. (WPM US) | 16499 | 1377996 |
|  # | Whitecap Resources, Inc. | 215972 | 1225082 |
|  | Winpak Ltd. | 11227 | 347820 |
|  | WSP Global, Inc. | 12651 | 2242419 |
|  #\* | Yangarra Resources Ltd. | 39182 | 24158 |
|  | Yellow Pages Ltd. | 3896 | 28600 |
|  TOTAL CANADA | TOTAL CANADA | TOTAL CANADA | 316070739 |
|  CHILE — (0.2%) | CHILE — (0.2%) |  |  |
|  | Aguas Andinas SA, Class A | 597405 | 220756 |
|  | Banco de Chile (BCH US), ADR | 8233 | 243033 |
|  | Banco de Chile (CHILE CI) | 1442844 | 211804 |
|  | Banco de Credito e Inversiones SA | 8540 | 338213 |
|  | Banco Santander Chile (BSAC US), ADR | 600 | 14454 |
|  | Banco Santander Chile (BSAN CI) | 2316770 | 140075 |
|  | Besalco SA | 135131 | 104892 |
|  | Bicecorp SA | 464913 | 128148 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHILE — (Continued) | CHILE — (Continued) |  |  |
|  \* | CAP SA | 23985 | $123359 |
|  | Cencosud SA | 249170 | 852592 |
|  | Cencosud Shopping SA | 77297 | 163265 |
|  | Cia Cervecerias Unidas SA (CCU CI) | 21510 | 165149 |
|  # | Cia Cervecerias Unidas SA (CCU US), Sponsored ADR | 5319 | 80955 |
|  | Cia Sud Americana de Vapores SA | 3353894 | 185247 |
|  | Colbun SA | 1263682 | 197502 |
|  | Embotelladora Andina SA, ADR, Class B | 5464 | 141518 |
|  | Empresa Nacional de Telecomunicaciones SA | 48789 | 141180 |
|  | Empresas CMPC SA | 152916 | 239817 |
|  | Empresas Copec SA | 50085 | 343812 |
|  | Enel Americas SA (ENELAM CI) | 702655 | 68997 |
|  | Enel Chile SA (ENELCHIL CI) | 3623712 | 256407 |
|  | Enel Chile SA (ENIC US), ADR | 24310 | 85085 |
|  | Engie Energia Chile SA | 131027 | 155120 |
|  | Falabella SA | 29246 | 132799 |
|  | Forus SA | 13373 | 32110 |
|  | Inversiones Aguas Metropolitanas SA | 142221 | 129170 |
|  | Inversiones La Construccion SA | 10623 | 123542 |
|  | Latam Airlines Group SA | 13714446 | 216531 |
|  # | Latam Airlines Group SA, ADR | 1022 | 32142 |
|  | Multiexport Foods SA | 25298 | 6766 |
|  | Parque Arauco SA | 131716 | 303246 |
|  | PAZ Corp. SA | 29524 | 16370 |
|  | Plaza SA | 56571 | 132930 |
|  \* | Ripley Corp. SA | 324104 | 149851 |
|  | Salfacorp SA | 193901 | 138429 |
|  | Sigdo Koppers SA | 12552 | 14694 |
|  | SMU SA | 866974 | 169844 |
|  | Sociedad Matriz SAAM SA | 1592635 | 200154 |
|  # | Sociedad Quimica y Minera de Chile SA, Sponsored ADR | 8077 | 276233 |
|  | SONDA SA | 190611 | 77010 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHILE — (Continued) | CHILE — (Continued) |  |  |
|  | Vina Concha y Toro SA | 114274 | $141682 |
|  TOTAL CHILE | TOTAL CHILE | TOTAL CHILE | 6894883 |
|  CHINA — (7.1%) | CHINA — (7.1%) |  |  |
|  | 360 Security Technology, Inc., Class A | 23200 | 32724 |
|  | 361 Degrees International Ltd. | 364000 | 199898 |
|  | 37 Interactive Entertainment Network Technology Group Co. Ltd., Class A | 35400 | 73971 |
|  W | 3SBio, Inc. | 602000 | 928210 |
|  \* | 5I5J Holding Group Co. Ltd., Class A | 67400 | 29371 |
|  | AAC Technologies Holdings, Inc. | 288000 | 1378644 |
|  \* | ADAMA Ltd., Class A | 18100 | 15436 |
|  \* | Addsino Co. Ltd., Class A | 21000 | 19749 |
|  | Advanced Micro-Fabrication Equipment, Inc. China, Class A | 797 | 20688 |
|  | Advanced Technology & Materials Co. Ltd., Class A | 24500 | 37789 |
|  \* | AECC Aero Science & Technology Co. Ltd., Class A | 8300 | 28090 |
|  | AECC Aero-Engine Control Co. Ltd., Class A | 14700 | 36228 |
|  | AECC Aviation Power Co. Ltd., Class A | 4100 | 18543 |
|  \* | Aerospace Hi-Tech Holdings Group Ltd., Class A | 17000 | 23964 |
|  | Aerospace Intelligent Manufacturing Technology Co. Ltd., Class A | 11900 | 28124 |
|  \* | Agile Group Holdings Ltd. | 518000 | 30185 |
|  \* | Agora, Inc., ADR | 25710 | 84329 |
|  | Agricultural Bank of China Ltd., Class H | 1878000 | 1145987 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Aier Eye Hospital Group Co. Ltd., Class A | 37127 | $66416 |
|  #\*W | AInnovation Technology Group Co. Ltd. | 40500 | 20775 |
|  \* | Air China Ltd., Class H | 442000 | 263323 |
|  | Aisino Corp., Class A | 25500 | 28892 |
|  | Ajisen China Holdings Ltd. | 255000 | 25225 |
|  W | AK Medical Holdings Ltd. | 130000 | 94595 |
|  \*W | Akeso, Inc. | 113000 | 1253003 |
|  | Alibaba Group Holding Ltd. (9988 HK) | 1117600 | 16685798 |
|  \* | Alibaba Pictures Group Ltd. | 4370000 | 285433 |
|  #W | A-Living Smart City Services Co. Ltd. | 247750 | 96002 |
|  | Allmed Medical Products Co. Ltd., Class A | 16300 | 18049 |
|  #\*W | Alphamab Oncology | 62000 | 51448 |
|  | Aluminum Corp. of China Ltd., Class H | 1384000 | 742841 |
|  \* | Amlogic Shanghai Co. Ltd., Class A | 2403 | 23943 |
|  | Amoy Diagnostics Co. Ltd., Class A | 13520 | 38672 |
|  | An Hui Wenergy Co. Ltd., Class A | 26300 | 26544 |
|  | Andon Health Co. Ltd., Class A | 5000 | 26098 |
|  \* | ANE Cayman, Inc. | 229000 | 243432 |
|  \* | Angang Steel Co. Ltd., Class H | 484800 | 91728 |
|  | Angel Yeast Co. Ltd., Class A | 8472 | 41107 |
|  #W | Angelalign Technology, Inc. | 7000 | 43747 |
|  | Anhui Anfu Battery Technology Co. Ltd., Class A | 6345 | 23089 |
|  | Anhui Anke Biotechnology Group Co. Ltd., Class A | 34916 | 39220 |
|  | Anhui Conch Cement Co. Ltd., Class H | 302000 | 850752 |
|  | Anhui Construction Engineering Group Co. Ltd., Class A | 62100 | 39357 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Anhui Expressway Co. Ltd., Class H | 114000 | $172297 |
|  | Anhui Guangxin Agrochemical Co. Ltd., Class A | 27636 | 41081 |
|  | Anhui Gujing Distillery Co. Ltd., Class A | 2900 | 65649 |
|  | Anhui Heli Co. Ltd., Class A | 19700 | 43028 |
|  | Anhui Hengyuan Coal Industry & Electricity Power Co. Ltd., Class A | 29900 | 28707 |
|  | Anhui Honglu Steel Construction Group Co. Ltd., Class A | 23240 | 59908 |
|  | Anhui Huilong Agricultural Means of Production Co. Ltd., Class A | 15300 | 11305 |
|  | Anhui Jianghuai Automobile Group Corp. Ltd., Class A | 3700 | 18606 |
|  | Anhui Jiangnan Chemical Industry Co. Ltd., Class A | 53200 | 39203 |
|  | Anhui Jinhe Industrial Co. Ltd., Class A | 13800 | 47271 |
|  | Anhui Kouzi Distillery Co. Ltd., Class A | 9700 | 47565 |
|  | Anhui Sierte Fertilizer Industry Ltd. Co., Class A | 26900 | 18945 |
|  \* | Anhui Tatfook Technology Co. Ltd., Class A | 11800 | 18179 |
|  | Anhui Transport Consulting & Design Institute Co. Ltd., Class A | 12000 | 13692 |
|  | Anhui Truchum Advanced Materials & Technology Co. Ltd., Class A | 34600 | 40391 |
|  | Anhui Xinhua Media Co. Ltd., Class A | 42300 | 40804 |
|  | Anhui Yingjia Distillery Co. Ltd., Class A | 7000 | 42334 |
|  | Anhui Yingliu Electromechanical Co. Ltd., Class A | 13200 | 35939 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Anhui Zhongding Sealing Parts Co. Ltd., Class A | 37100 | $92617 |
|  | Anji Microelectronics Technology Shanghai Co. Ltd., Class A | 2199 | 55990 |
|  | Anjoy Foods Group Co. Ltd., Class A | 5100 | 53569 |
|  | Anker Innovations Technology Co. Ltd., Class A | 5200 | 63813 |
|  | ANTA Sports Products Ltd. | 202400 | 2391521 |
|  | Anton Oilfield Services Group | 806000 | 99598 |
|  | Aoshikang Technology Co. Ltd., Class A | 9200 | 31528 |
|  | Aotecar New Energy Technology Co. Ltd., Class A | 74400 | 29210 |
|  \* | Aowei Holdings Ltd. | 114000 | 6575 |
|  | Apeloa Pharmaceutical Co. Ltd., Class A | 24700 | 46684 |
|  | ApicHope Pharmaceutical Group Co. Ltd. | 6168 | 33865 |
|  | Appotronics Corp. Ltd., Class A | 10613 | 20603 |
|  | APT Medical, Inc., Class A | 672 | 38541 |
|  | APT Satellite Holdings Ltd. | 134750 | 33350 |
|  | Arctech Solar Holding Co. Ltd., Class A | 4879 | 31392 |
|  \* | Asia - Potash International Investment Guangzhou Co. Ltd., Class A | 9200 | 36346 |
|  | Asia Cement China Holdings Corp. | 200500 | 58555 |
|  W | AsiaInfo Technologies Ltd. | 111200 | 134150 |
|  | Asian Star Anchor Chain Co. Ltd. Jiangsu, Class A | 22200 | 26333 |
|  | Asymchem Laboratories Tianjin Co. Ltd., Class A | 2920 | 32916 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Aurisco Pharmaceutical Co. Ltd., Class A | 3800 | $10881 |
|  | Autel Intelligent Technology Corp. Ltd., Class A | 12180 | 70054 |
|  | Autobio Diagnostics Co. Ltd., Class A | 6700 | 35505 |
|  | Avary Holding Shenzhen Co. Ltd., Class A | 15900 | 62810 |
|  | AviChina Industry & Technology Co. Ltd., Class H | 988000 | 454658 |
|  | Avicopter PLC, Class A | 3800 | 18573 |
|  | Bafang Electric Suzhou Co. Ltd., Class A | 6300 | 23266 |
|  W | BAIC Motor Corp. Ltd., Class H | 669000 | 164454 |
|  \* | Baidu, Inc. (9888 HK), Class A | 219250 | 2417672 |
|  #\* | Baidu, Inc. (BIDU US), Sponsored ADR | 9990 | 877322 |
|  \*W | Bairong, Inc. | 89500 | 89790 |
|  | Baiyin Nonferrous Group Co. Ltd., Class A | 127300 | 47612 |
|  | Bank of Beijing Co. Ltd., Class A | 130000 | 107419 |
|  | Bank of Changsha Co. Ltd., Class A | 100100 | 124877 |
|  | Bank of Chengdu Co. Ltd., Class A | 79300 | 185504 |
|  | Bank of China Ltd., Class H | 5292000 | 2954912 |
|  | Bank of Chongqing Co. Ltd., Class H | 268500 | 261418 |
|  | Bank of Communications Co. Ltd., Class H | 653000 | 571022 |
|  | Bank of Guiyang Co. Ltd., Class A | 91200 | 72540 |
|  | Bank of Hangzhou Co. Ltd., Class A | 78200 | 158409 |
|  | Bank of Jiangsu Co. Ltd., Class A | 192400 | 269334 |
|  | Bank of Nanjing Co. Ltd., Class A | 100600 | 144364 |
|  | Bank of Ningbo Co. Ltd., Class A | 74470 | 245265 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  W | Bank of Qingdao Co. Ltd., Class H | 186500 | $88563 |
|  | Bank of Shanghai Co. Ltd., Class A | 89793 | 128406 |
|  | Bank of Suzhou Co. Ltd., Class A | 87594 | 97023 |
|  | Bank of Tianjin Co. Ltd., Class H | 44500 | 10319 |
|  | Bank of Xi'an Co. Ltd., Class A | 107700 | 51355 |
|  #\*W | Bank of Zhengzhou Co. Ltd., Class H | 361966 | 42929 |
|  | Baoji Titanium Industry Co. Ltd., Class A | 10300 | 41453 |
|  | Baoshan Iron & Steel Co. Ltd., Class A | 164400 | 154649 |
|  \* | Baosheng Science & Technology Innovation Co. Ltd., Class A | 38000 | 23395 |
|  | Baowu Magnesium Technology Co. Ltd., Class A | 13160 | 21649 |
|  | Baoxiniao Holding Co. Ltd., Class A | 26100 | 13728 |
|  \* | Baoye Group Co. Ltd., Class H | 78000 | 44946 |
|  \* | Baozun, Inc. (9991 HK), Class A | 21700 | 18548 |
|  \* | Baozun, Inc. (BZUN US), Sponsored ADR | 10967 | 28624 |
|  | BBMG Corp., Class H**.** | 767000 | 69248 |
|  \* | Be Friends Holding Ltd. | 204000 | 21427 |
|  | Bear Electric Appliance Co. Ltd., Class A | 5300 | 33015 |
|  | Befar Group Co. Ltd., Class A | 48200 | 27120 |
|  | Beibuwan Port Co. Ltd., Class A | 41700 | 48450 |
|  \* | BeiGene Ltd. (6160 HK) | 14800 | 299101 |
|  | Beijing BDStar Navigation Co. Ltd., Class A | 6400 | 22532 |
|  | Beijing Bei Mo Gao Ke Friction Material Co. Ltd., Class A | 5980 | 21617 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Beijing Capital Development Co. Ltd., Class A | 68727 | $22436 |
|  | Beijing Capital Eco-Environment Protection Group Co. Ltd., Class A | 167830 | 73048 |
|  #\* | Beijing Capital International Airport Co. Ltd., Class H | 646000 | 232878 |
|  # | Beijing Chunlizhengda Medical Instruments Co. Ltd., Class H | 26250 | 31536 |
|  \* | Beijing Cuiwei Tower Co. Ltd., Class A | 25900 | 30127 |
|  | Beijing Dabeinong Technology Group Co. Ltd., Class A | 43900 | 24650 |
|  | Beijing Dahao Technology Corp. Ltd., Class A | 11040 | 20165 |
|  | Beijing Easpring Material Technology Co. Ltd., Class A | 6900 | 35940 |
|  | Beijing Energy International Holding Co. Ltd. | 196000 | 25534 |
|  | Beijing Enlight Media Co. Ltd., Class A | 21398 | 56848 |
|  | Beijing Enterprises Water Group Ltd. | 1378000 | 435242 |
|  | Beijing Fengjing Automotive Parts Co. Ltd. | 40800 | 20170 |
|  | Beijing Gehua CATV Network Co. Ltd., Class A | 48800 | 48401 |
|  | Beijing GeoEnviron Engineering & Technology, Inc., Class A | 60568 | 45121 |
|  \* | Beijing Haixin Energy Technology Co. Ltd., Class A | 58600 | 23472 |
|  | Beijing Haohua Energy Resource Co. Ltd., Class A | 35600 | 35405 |
|  | Beijing Huafeng Test & Control Technology Co. Ltd., Class A | 1129 | 22569 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Beijing Jetsen Technology Co. Ltd., Class A | 70230 | $51143 |
|  | Beijing Jingneng Clean Energy Co. Ltd., Class H | 328000 | 100990 |
|  | Beijing Jingyuntong Technology Co. Ltd., Class A | 77600 | 25411 |
|  | Beijing Kingsoft Office Software, Inc., Class A | 641 | 26039 |
|  \* | Beijing Leike Defense Technology Co. Ltd., Class A | 26000 | 15423 |
|  | Beijing New Building Materials PLC, Class A | 17175 | 66217 |
|  | Beijing North Star Co. Ltd., Class H | 286000 | 25419 |
|  \* | Beijing Orient National Communication Science & Technology Co. Ltd., Class A | 15900 | 21571 |
|  | Beijing Originwater Technology Co. Ltd., Class A | 57219 | 34942 |
|  \* | Beijing Philisense Technology Co. Ltd., Class A | 26700 | 19221 |
|  | Beijing Relpow Technology Co. Ltd., Class A | 15800 | 30552 |
|  | Beijing Roborock Technology Co. Ltd., Class A | 1365 | 36444 |
|  | Beijing Sanlian Hope Shin-Gosen Technical Service Co. Ltd., Class A | 9900 | 23461 |
|  | Beijing Sanyuan Foods Co. Ltd., Class A | 62200 | 37364 |
|  | Beijing Shougang Co. Ltd., Class A | 79700 | 39597 |
|  \* | Beijing Shunxin Agriculture Co. Ltd., Class A | 11700 | 25659 |
|  | Beijing Sifang Automation Co. Ltd., Class A | 9100 | 21613 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Beijing Sinnet Technology Co. Ltd., Class A | 23200 | $46234 |
|  | Beijing SL Pharmaceutical Co. Ltd., Class A | 24950 | 22097 |
|  \* | Beijing Sojo Electric Co. Ltd., Class A | 22300 | 19526 |
|  | Beijing SPC Environment Protection Tech Co. Ltd., Class A | 23273 | 11333 |
|  | Beijing Strong Biotechnologies, Inc., Class A | 13300 | 25622 |
|  \* | Beijing Thunisoft Corp. Ltd., Class A | 18700 | 20641 |
|  | Beijing Tiantan Biological Products Corp. Ltd., Class A | 10660 | 28009 |
|  | Beijing Tong Ren Tang Co. Ltd., Class A | 7000 | 35109 |
|  | Beijing Ultrapower Software Co. Ltd., Class A | 36500 | 54976 |
|  | Beijing United Information Technology Co. Ltd., Class A | 18809 | 61301 |
|  | Beijing Wandong Medical Technology Co. Ltd., Class A | 12800 | 30907 |
|  \* | Beijing Watertek Information Technology Co. Ltd., Class A | 36800 | 18605 |
|  | Beijing Yanjing Brewery Co. Ltd., Class A | 42400 | 75837 |
|  | Beijing Yuanliu Hongyuan Electronic Technology Co. Ltd., Class A | 4600 | 33109 |
|  | Beijing Zhong Ke San Huan High-Tech Co. Ltd., Class A | 18975 | 27405 |
|  | Beijing-Shanghai High Speed Railway Co. Ltd., Class A | 230800 | 184429 |
|  \* | Beiqi Foton Motor Co. Ltd., Class A | 197100 | 71150 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Bengang Steel Plates Co. Ltd., Class A | 59800 | $30771 |
|  | Best Pacific International Holdings Ltd. | 62000 | 19358 |
|  | Bestore Co. Ltd., Class A | 11700 | 18997 |
|  \* | Bestway Marine & Energy Technology Co. Ltd., Class A | 40600 | 33018 |
|  | Bethel Automotive Safety Systems Co. Ltd., Class A | 5280 | 41969 |
|  | Betta Pharmaceuticals Co. Ltd., Class A | 3400 | 23720 |
|  | BGI Genomics Co. Ltd., Class A | 5300 | 35184 |
|  | Biem.L.Fdlkk Garment Co. Ltd., Class A | 19300 | 43882 |
|  #\* | Bilibili, Inc., ADR | 8080 | 141400 |
|  | Binjiang Service Group Co. Ltd. | 34000 | 117461 |
|  | Black Peony Group Co. Ltd., Class A | 20300 | 14587 |
|  | Bloomage Biotechnology Corp. Ltd. (688363 C1), Class A | 2780 | 18686 |
|  #W | Blue Moon Group Holdings Ltd. | 226500 | 111421 |
|  \* | Blue Sail Medical Co. Ltd., Class A | 35300 | 24528 |
|  | Bluefocus Intelligent Communications Group Co. Ltd., Class A | 20600 | 24318 |
|  | Bluestar Adisseo Co., Class A | 14700 | 19422 |
|  | BOC International China Co. Ltd., Class A | 28400 | 38607 |
|  \* | BOE HC SemiTek Corp. | 70100 | 63833 |
|  | BOE Technology Group Co. Ltd., Class A | 406800 | 215144 |
|  | BOE Varitronix Ltd. | 128000 | 89954 |
|  \* | Bohai Leasing Co. Ltd., Class A | 144400 | 62733 |
|  | Bosideng International Holdings Ltd. | 1726000 | 893119 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | BOTH Engineering Technology Co. Ltd., Class A | 13200 | $19373 |
|  # | Boyaa Interactive International Ltd. | 45000 | 26289 |
|  | Bright Dairy & Food Co. Ltd., Class A | 39100 | 44477 |
|  | BrightGene Bio-Medical Technology Co. Ltd., Class A | 3634 | 24351 |
|  # | Brilliance China Automotive Holdings Ltd. | 1032000 | 365277 |
|  | Bros Eastern Co. Ltd., Class A | 26700 | 18231 |
|  | B-Soft Co. Ltd., Class A | 67555 | 52984 |
|  | BTG Hotels Group Co. Ltd., Class A | 33900 | 66851 |
|  | BYD Co. Ltd., Class H | 67500 | 3205994 |
|  | By-health Co. Ltd., Class A | 42600 | 64507 |
|  \* | C C Land Holdings Ltd. | 665499 | 110772 |
|  | C&D International Investment Group Ltd. | 163789 | 342552 |
|  | C&D Property Management Group Co. Ltd. | 76000 | 24807 |
|  | C&S Paper Co. Ltd., Class A | 29600 | 26902 |
|  | Caitong Securities Co. Ltd., Class A | 46670 | 46890 |
|  #\*W | CALB Group Co. Ltd. | 35900 | 75981 |
|  \* | Cambricon Technologies Corp. Ltd., Class A | 256 | 24851 |
|  | Camel Group Co. Ltd., Class A | 41308 | 47763 |
|  | Cangzhou Mingzhu Plastic Co. Ltd., Class A | 67400 | 32049 |
|  | Canmax Technologies Co. Ltd., Class A | 16650 | 40866 |
|  | Canny Elevator Co. Ltd., Class A | 15300 | 15265 |
|  | Canvest Environmental Protection Group Co. Ltd. | 166000 | 101794 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Castech, Inc., Class A | 8250 | $39340 |
|  | Cathay Biotech, Inc., Class A | 4185 | 29954 |
|  | CCCC Design & Consulting Group Co. Ltd., Class A | 41200 | 44194 |
|  | CCS Supply Chain Management Co. Ltd., Class A | 35100 | 20621 |
|  | CECEP Solar Energy Co. Ltd., Class A | 68300 | 40580 |
|  | CECEP Wind-Power Corp., Class A | 164120 | 64878 |
|  | Central China Land Media Co. Ltd., Class A | 25200 | 43029 |
|  | Central China Securities Co. Ltd., Class H | 257000 | 47313 |
|  | CETC Cyberspace Security Technology Co. Ltd., Class A | 12200 | 25290 |
|  | CETC Digital Technology Co. Ltd., Class A | 13780 | 45708 |
|  | CGN Mining Co. Ltd. | 185000 | 34300 |
|  # | CGN New Energy Holdings Co. Ltd. | 866000 | 254519 |
|  \* | CGN Nuclear Technology Development Co. Ltd., Class A | 22700 | 21861 |
|  W | CGN Power Co. Ltd., Class H | 895000 | 284890 |
|  | Changbai Mountain Tourism Co. Ltd., Class A | 8500 | 37820 |
|  | Changchun Faway Automobile Components Co. Ltd., Class A | 14500 | 18796 |
|  | Changchun High-Tech Industry Group Co. Ltd., Class A | 5500 | 66600 |
|  | Changhong Meiling Co. Ltd., Class A | 19400 | 20034 |
|  | Changjiang & Jinggong Steel Building Group Co. Ltd., Class A | 64200 | 28125 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Changjiang Publishing & Media Co. Ltd., Class A | 44400 | $58498 |
|  | Changjiang Securities Co. Ltd., Class A | 53700 | 47467 |
|  \* | ChangYuan Technology Group Ltd., Class A | 28700 | 13636 |
|  | Changzheng Engineering Technology Co. Ltd., Class A | 8600 | 19848 |
|  | Changzhou Qianhong Biopharma Co. Ltd., Class A | 23800 | 19930 |
|  | Changzhou Xingyu Automotive Lighting Systems Co. Ltd., Class A | 2400 | 43847 |
|  | Chaowei Power Holdings Ltd. | 249000 | 42647 |
|  | Chaozhou Three-Circle Group Co. Ltd., Class A | 6000 | 28407 |
|  W | Cheerwin Group Ltd. | 84000 | 24848 |
|  \* | Chen Lin Education Group Holdings Ltd. | 34000 | 5989 |
|  | Cheng De Lolo Co. Ltd., Class A | 35400 | 45671 |
|  | Chengdu ALD Aviation Manufacturing Corp., Class A | 4100 | 9982 |
|  | Chengdu Fusen Noble-House Industrial Co. Ltd., Class A | 16900 | 30575 |
|  | Chengdu Galaxy Magnets Co. Ltd., Class A | 7100 | 23993 |
|  | Chengdu Guibao Science & Technology Co. Ltd., Class A | 9100 | 23024 |
|  | Chengdu Hi-tech Development Co. Ltd., Class A | 2900 | 18602 |
|  | Chengdu Hongqi Chain Co. Ltd., Class A | 29400 | 23028 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Chengdu Kanghong Pharmaceutical Group Co. Ltd., Class A | 18552 | $71306 |
|  | Chengdu Kanghua Biological Products Co. Ltd., Class A | 4850 | 33654 |
|  | Chengdu Leejun Industrial Co. Ltd., Class A | 21700 | 19515 |
|  | Chengdu Wintrue Holding Co. Ltd., Class A | 42400 | 48580 |
|  | Chengdu Xingrong Environment Co. Ltd., Class A | 33500 | 32712 |
|  | Chenguang Biotech Group Co. Ltd., Class A | 14900 | 22124 |
|  \* | Chengxin Lithium Group Co. Ltd., Class A | 22700 | 35033 |
|  | Chengzhi Co. Ltd., Class A | 20300 | 21115 |
|  | Chifeng Jilong Gold Mining Co. Ltd., Class A | 13200 | 47975 |
|  | China Aircraft Leasing Group Holdings Ltd. | 85000 | 45046 |
|  | China Animal Husbandry Industry Co. Ltd., Class A | 31700 | 29120 |
|  | China Automotive Engineering Research Institute Co. Ltd., Class A | 16300 | 42607 |
|  | China Baoan Group Co. Ltd., Class A | 17600 | 18750 |
|  | China BlueChemical Ltd., Class H | 596000 | 145108 |
|  \*W | China Bohai Bank Co. Ltd., Class H | 696500 | 81772 |
|  \* | China Boton Group Co. Ltd. | 118000 | 24218 |
|  | China CAMC Engineering Co. Ltd., Class A | 30400 | 33172 |
|  # | China Chunlai Education Group Co. Ltd. | 44000 | 23864 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  # | China Cinda Asset Management Co. Ltd., Class H | 3556000 | $453612 |
|  | China CITIC Bank Corp. Ltd., Class H | 1222000 | 966512 |
|  | China Coal Energy Co. Ltd., Class H | 726000 | 750110 |
|  | China Coal Xinji Energy Co. Ltd., Class A | 69700 | 64204 |
|  | China Communications Services Corp. Ltd., Class H | 962000 | 501010 |
|  | China Conch Environment Protection Holdings Ltd. | 434000 | 29999 |
|  | China Conch Venture Holdings Ltd. | 500500 | 513698 |
|  | China Construction Bank Corp., Class H | 7870000 | 6464637 |
|  | China CSSC Holdings Ltd., Class A | 4300 | 17341 |
|  | China CYTS Tours Holding Co. Ltd., Class A | 20900 | 27972 |
|  # | China Datang Corp. Renewable Power Co. Ltd., Class H | 608000 | 169903 |
|  | China Design Group Co. Ltd., Class A | 19400 | 19963 |
|  W | China Development Bank Financial Leasing Co. Ltd., Class H | 718000 | 110044 |
|  | China Dongxiang Group Co. Ltd. | 1100000 | 56082 |
|  W | China East Education Holdings Ltd. | 205000 | 155235 |
|  \* | China Eastern Airlines Corp. Ltd., Class H | 488000 | 145274 |
|  | China Education Group Holdings Ltd. | 396009 | 124425 |
|  | China Electronics Huada Technology Co. Ltd. | 340000 | 60860 |
|  | China Electronics Optics Valley Union Holding Co. Ltd. | 824000 | 20817 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | China Energy Engineering Corp. Ltd. (3996 HK), Class H | 612000 | $77941 |
|  | China Energy Engineering Corp. Ltd. (601868 C1), Class A | 439823 | 133176 |
|  | China Everbright Bank Co. Ltd., Class H | 406000 | 176294 |
|  | China Everbright Water Ltd. | 52712 | 9315 |
|  \* | China Express Airlines Co. Ltd., Class A | 18000 | 18072 |
|  W | China Feihe Ltd. | 1314000 | 992984 |
|  | China Film Co. Ltd., Class A | 18541 | 26139 |
|  \* | China First Heavy Industries Co. Ltd., Class A | 56700 | 20145 |
|  | China Foods Ltd. | 344000 | 137475 |
|  | China Galaxy Securities Co. Ltd., Class H | 729500 | 662700 |
|  | China Gas Holdings Ltd. | 1007061 | 910517 |
|  \* | China Glass Holdings Ltd. | 312000 | 9562 |
|  | China Great Wall Securities Co. Ltd., Class A | 49600 | 52789 |
|  \* | China Greatwall Technology Group Co. Ltd., Class A | 28100 | 56627 |
|  | China Green Electricity Investment of Tianjin Co. Ltd., Class A | 32600 | 38471 |
|  | China Hainan Rubber Industry Group Co. Ltd., Class A | 36100 | 22395 |
|  | China Hanking Holdings Ltd. | 274000 | 38714 |
|  \* | China High Speed Railway Technology Co. Ltd., Class A | 90100 | 33444 |
|  \* | China High Speed Transmission Equipment Group Co. Ltd. | 167000 | 17859 |
|  | China Hongqiao Group Ltd. | 965000 | 1732189 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  W | China International Capital Corp. Ltd., Class H | 246000 | $423166 |
|  | China International Marine Containers Group Co. Ltd., Class H | 298200 | 187328 |
|  | China Isotope & Radiation Corp. | 7600 | 11013 |
|  | China Kepei Education Group Ltd. | 178000 | 30344 |
|  | China Kings Resources Group Co. Ltd., Class A | 13926 | 43789 |
|  | China Leadshine Technology Co. Ltd., Class A | 8300 | 54496 |
|  | China Lesso Group Holdings Ltd. | 425000 | 226264 |
|  | China Life Insurance Co. Ltd., Class H | 308000 | 562899 |
|  | China Lilang Ltd. | 157000 | 75588 |
|  \*W | China Literature Ltd. | 95800 | 332662 |
|  | China Longyuan Power Group Corp. Ltd., Class H | 446000 | 352330 |
|  | China Medical System Holdings Ltd. | 473000 | 504852 |
|  | China Meheco Group Co. Ltd., Class A | 34840 | 48645 |
|  | China Meidong Auto Holdings Ltd. | 278000 | 74429 |
|  | China Mengniu Dairy Co. Ltd. | 927000 | 2308833 |
|  | China Merchants Bank Co. Ltd., Class H | 593500 | 3237329 |
|  | China Merchants Energy Shipping Co. Ltd., Class A | 134520 | 108240 |
|  | China Merchants Expressway Network & Technology Holdings Co. Ltd., Class A | 11700 | 20675 |
|  | China Merchants Property Operation & Service Co. Ltd., Class A | 23100 | 37510 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  W | China Merchants Securities Co. Ltd., Class H | 66220 | $100434 |
|  | China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A | 49400 | 62249 |
|  | China Minsheng Banking Corp. Ltd., Class H | 744900 | 349551 |
|  | China Modern Dairy Holdings Ltd. | 1105000 | 145258 |
|  | China National Accord Medicines Corp. Ltd., Class A | 13130 | 44357 |
|  # | China National Building Material Co. Ltd., Class H | 837141 | 405926 |
|  | China National Chemical Engineering Co. Ltd., Class A | 55700 | 57897 |
|  | China National Electric Apparatus Research Institute Co. Ltd., Class A | 6835 | 22563 |
|  | China National Gold Group Gold Jewellery Co. Ltd., Class A | 37300 | 42224 |
|  | China National Medicines Corp. Ltd., Class A | 10000 | 39916 |
|  | China National Nuclear Power Co. Ltd., Class A | 285772 | 363322 |
|  W | China New Higher Education Group Ltd. | 354064 | 38374 |
|  \* | China Nonferrous Metal Industry's Foreign Engineering & Construction Co. Ltd., Class A | 57900 | 36880 |
|  | China Northern Rare Earth Group High-Tech Co. Ltd., Class A | 8900 | 28546 |
|  \* | China Oil & Gas Group Ltd. | 1408000 | 24780 |
|  | China Oilfield Services Ltd., Class H | 628000 | 491103 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | China Oriental Group Co. Ltd. | 366000 | $58145 |
|  | China Overseas Property Holdings Ltd. | 560000 | 388920 |
|  | China Pacific Insurance Group Co. Ltd., Class H | 721000 | 1961671 |
|  | China Petroleum & Chemical Corp., Class H | 3526000 | 1799922 |
|  | China Petroleum Engineering Corp., Class A | 86700 | 36535 |
|  | China Publishing & Media Co. Ltd., Class A | 24900 | 21681 |
|  | China Railway Group Ltd., Class H | 569000 | 244821 |
|  | China Railway Hi-tech Industry Co. Ltd., Class A | 53100 | 53361 |
|  | China Railway Materials Co. Ltd., Class A | 100200 | 34466 |
|  W | China Railway Signal & Communication Corp. Ltd., Class H | 359000 | 144372 |
|  | China Railway Tielong Container Logistics Co. Ltd., Class A | 36500 | 28266 |
|  \* | China Rare Earth Holdings Ltd. | 768399 | 38100 |
|  | China Rare Earth Resources & Technology Co. Ltd., Class A | 2900 | 12469 |
|  | China Reinsurance Group Corp., Class H | 2078000 | 240980 |
|  | China Resources Boya Bio-pharmaceutical Group Co. Ltd., Class A | 1500 | 5484 |
|  | China Resources Building Materials Technology Holdings Ltd. | 884000 | 186508 |

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**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | China Resources Double Crane Pharmaceutical Co. Ltd., Class A | 24200 | $62890 |
|  | China Resources Gas Group Ltd. | 307900 | 860088 |
|  | China Resources Land Ltd. | 599500 | 2017082 |
|  | China Resources Medical Holdings Co. Ltd. | 310500 | 146173 |
|  W | China Resources Mixc Lifestyle Services Ltd. | 208800 | 1000294 |
|  | China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A | 10784 | 61080 |
|  # | China Risun Group Ltd. | 483000 | 156049 |
|  #\* | China Ruyi Holdings Ltd. | 1108000 | 291203 |
|  \* | China Sanjiang Fine Chemicals Co. Ltd. | 207000 | 47703 |
|  \* | China Shanshui Cement Group Ltd. | 204000 | 14356 |
|  W | China Shengmu Organic Milk Ltd. | 1189000 | 26804 |
|  | China Shenhua Energy Co. Ltd., Class H | 712000 | 2675800 |
|  | China Shineway Pharmaceutical Group Ltd. | 137000 | 127857 |
|  | China South Publishing & Media Group Co. Ltd., Class A | 45700 | 89646 |
|  \* | China Southern Airlines Co. Ltd., Class H | 596000 | 244769 |
|  | China Southern Power Grid Energy Efficiency&Clean Energy Co. Ltd. (003035 C2), Class A | 64500 | 38196 |
|  | China Southern Power Grid Technology Co. Ltd., Class A | 4818 | 19053 |
|  | China Starch Holdings Ltd. | 415000 | 9565 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | China State Construction Development Holdings Ltd. | 224000 | $47341 |
|  | China State Construction Engineering Corp. Ltd., Class A | 270029 | 204891 |
|  | China State Construction International Holdings Ltd. | 778000 | 1146791 |
|  \* | China Sunshine Paper Holdings Co. Ltd. | 260000 | 65716 |
|  # | China Suntien Green Energy Corp. Ltd., Class H | 450000 | 240522 |
|  | China Testing & Certification International Group Co. Ltd., Class A | 15338 | 13051 |
|  | China Tianying, Inc., Class A | 79700 | 46296 |
|  #W | China Tourism Group Duty Free Corp. Ltd. (1880 HK), Class H | 13700 | 92726 |
|  W | China Tower Corp. Ltd., Class H | 1446300 | 2094932 |
|  | China TransInfo Technology Co. Ltd., Class A | 30900 | 38966 |
|  | China Tungsten & Hightech Materials Co. Ltd., Class A | 30150 | 39688 |
|  #\* | China Vanke Co. Ltd., Class H | 532884 | 365306 |
|  # | China Water Affairs Group Ltd. | 196000 | 150904 |
|  | China West Construction Group Co. Ltd., Class A | 32100 | 25132 |
|  | China World Trade Center Co. Ltd., Class A | 12800 | 38392 |
|  | China XD Electric Co. Ltd., Class A | 64800 | 55440 |
|  | China Yangtze Power Co. Ltd., Class A | 74800 | 303743 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  # | China Yongda Automobiles Services Holdings Ltd. | 458000 | $146014 |
|  #\*W | China Youran Dairy Group Ltd. | 598000 | 182348 |
|  \*W | China Yuhua Education Corp. Ltd. | 554000 | 21418 |
|  | China Zhenhua Group Science & Technology Co. Ltd., Class A | 8500 | 60042 |
|  | China Zheshang Bank Co. Ltd., Class H | 654000 | 221114 |
|  | China-Singapore Suzhou Industrial Park Development Group Co. Ltd., Class A | 14800 | 14882 |
|  | Chinasoft International Ltd. | 954000 | 608043 |
|  | Chinese Universe Publishing & Media Group Co. Ltd., Class A | 13900 | 20087 |
|  | Chongqing Brewery Co. Ltd., Class A | 4200 | 33393 |
|  | Chongqing Changan Automobile Co. Ltd., Class A | 32594 | 55048 |
|  | Chongqing Chuanyi Automation Co. Ltd., Class A | 13260 | 37261 |
|  | Chongqing Department Store Co. Ltd., Class A | 11000 | 48081 |
|  | Chongqing Fuling Electric Power Industrial Co. Ltd., Class A | 49455 | 64474 |
|  | Chongqing Fuling Zhacai Group Co. Ltd., Class A | 32160 | 58064 |
|  | Chongqing Gas Group Corp. Ltd., Class A | 23600 | 17760 |
|  | Chongqing Machinery & Electric Co. Ltd., Class H | 482000 | 57458 |
|  | Chongqing Port Co. Ltd., Class A | 29300 | 21426 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Chongqing Road & Bridge Co. Ltd., Class A | 39700 | $28951 |
|  | Chongqing Rural Commercial Bank Co. Ltd., Class H | 587000 | 450666 |
|  | Chongqing Sanfeng Environment Group Corp. Ltd., Class A | 54700 | 61724 |
|  | Chongqing Taiji Industry Group Co. Ltd., Class A | 12500 | 35458 |
|  | Chongqing Zhifei Biological Products Co. Ltd., Class A | 12250 | 31869 |
|  | Chongyi Zhangyuan Tungsten Industry Co. Ltd., Class A | 26700 | 24470 |
|  # | Chow Tai Fook Jewellery Group Ltd. | 560600 | 749417 |
|  | Chow Tai Seng Jewellery Co. Ltd., Class A | 35200 | 63106 |
|  | CIG Shanghai Co. Ltd., Class A | 5800 | 27126 |
|  | CIMC Enric Holdings Ltd. | 266000 | 208609 |
|  | Cisen Pharmaceutical Co. Ltd., Class A | 20900 | 38652 |
|  | CITIC Heavy Industries Co. Ltd., Class A | 43000 | 25904 |
|  | CITIC Resources Holdings Ltd. | 1158000 | 52962 |
|  | CITIC Securities Co. Ltd., Class H | 135475 | 334830 |
|  | City Development Environment Co. Ltd., Class A | 24900 | 46138 |
|  #\* | Citychamp Watch & Jewellery Group Ltd. | 440000 | 26043 |
|  \* | ClouDr Group Ltd. | 207100 | 28947 |
|  #\* | CMGE Technology Group Ltd. | 538000 | 23165 |
|  | CMOC Group Ltd., Class H | 792000 | 621779 |
|  | CMST Development Co. Ltd., Class A | 63900 | 51673 |
|  \* | CNFinance Holdings Ltd., ADR | 6181 | 4690 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | CNGR Advanced Material Co. Ltd., Class A | 7810 | $33949 |
|  | CNNC Hua Yuan Titanium Dioxide Co. Ltd., Class A | 65975 | 37096 |
|  | CNOOC Energy Technology & Services Ltd., Class A | 144300 | 78899 |
|  | CNSIG Inner Mongolia Chemical Industry Co. Ltd., Class A | 32500 | 31374 |
|  \* | COFCO Biotechnology Co. Ltd., Class A | 32100 | 24173 |
|  | COFCO Capital Holdings Co. Ltd., Class A | 20600 | 33654 |
|  #\* | COFCO Joycome Foods Ltd. | 1056000 | 198484 |
|  | COFCO Sugar Holding Co. Ltd., Class A | 41100 | 52575 |
|  | Cofoe Medical Technology Co. Ltd., Class A | 6200 | 28587 |
|  #\* | Comba Telecom Systems Holdings Ltd. | 482000 | 91025 |
|  | Concord New Energy Group Ltd. | 2470000 | 149590 |
|  | Consun Pharmaceutical Group Ltd. | 165000 | 196503 |
|  | Contemporary Amperex Technology Co. Ltd., Class A | 25160 | 804456 |
|  | Continental Aerospace Technologies Holding Ltd. | 1578866 | 22052 |
|  | COSCO SHIPPING Development Co. Ltd., Class H | 1119000 | 126718 |
|  # | COSCO SHIPPING Energy Transportation Co. Ltd., Class H | 476000 | 377533 |
|  | COSCO SHIPPING Holdings Co. Ltd., Class H | 770300 | 1162410 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | COSCO SHIPPING International Hong Kong Co. Ltd. | 224000 | $135819 |
|  | COSCO SHIPPING Ports Ltd. | 484533 | 250805 |
|  | COSCO SHIPPING Specialized Carriers Co. Ltd., Class A | 79500 | 64302 |
|  | COSCO SHIPPING Technology Co. Ltd., Class A | 11500 | 22447 |
|  | CQ Pharmaceutical Holding Co. Ltd., Class A | 54100 | 36147 |
|  | CRRC Corp. Ltd., Class H | 518000 | 319684 |
|  W | CSC Financial Co. Ltd., Class H | 35500 | 40167 |
|  | CSG Holding Co. Ltd., Class A | 62295 | 40661 |
|  | CSSC Science & Technology Co. Ltd., Class A | 9800 | 15729 |
|  | CTS International Logistics Corp. Ltd., Class A | 45970 | 38816 |
|  | Daan Gene Co. Ltd., Class A | 38400 | 29767 |
|  \* | Dada Nexus Ltd., ADR | 18271 | 34898 |
|  | Dajin Heavy Industry Co. Ltd., Class A | 7900 | 30013 |
|  | Dalian Huarui Heavy Industry Group Co. Ltd., Class A | 45400 | 37484 |
|  # | Dalipal Holdings Ltd. | 118000 | 125703 |
|  | Daqin Railway Co. Ltd., Class A | 135065 | 120544 |
|  | Dashang Co. Ltd., Class A | 5720 | 19722 |
|  | DaShenLin Pharmaceutical Group Co. Ltd., Class A | 24436 | 63635 |
|  # | Datang International Power Generation Co. Ltd., Class H | 674000 | 160600 |
|  | Dawnrays Pharmaceutical Holdings Ltd. | 141000 | 21049 |
|  | DBG Technology Co. Ltd., Class A | 15300 | 52139 |

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**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | DeHua TB New Decoration Materials Co. Ltd., Class A | 15800 | $22438 |
|  | Deppon Logistics Co. Ltd., Class A | 15200 | 27129 |
|  \* | Dezhan Healthcare Co. Ltd., Class A | 66100 | 27045 |
|  | DHC Software Co. Ltd., Class A | 53200 | 72185 |
|  | Dian Diagnostics Group Co. Ltd., Class A | 15300 | 29541 |
|  | Digital China Group Co. Ltd., Class A | 15500 | 87285 |
|  # | Digital China Holdings Ltd. | 201000 | 63762 |
|  | Digital China Information Service Group Co. Ltd., Class A | 17600 | 25919 |
|  | Do-Fluoride New Materials Co. Ltd., Class A | 15920 | 25491 |
|  | Dong-E-E-Jiao Co. Ltd., Class A | 2700 | 20204 |
|  | Dongfang Electric Corp. Ltd., Class H | 84200 | 114928 |
|  | Dongfang Electronics Co. Ltd., Class A | 43300 | 56897 |
|  | DongFeng Automobile Co. Ltd., Class A | 24900 | 24090 |
|  | Dongfeng Electronic Technology Co. Ltd., Class A | 11900 | 21799 |
|  | Dongfeng Motor Group Co. Ltd., Class H | 812000 | 449436 |
|  | Dongguan Aohai Technology Co. Ltd., Class A | 1900 | 9722 |
|  | Dongguan Development Holdings Co. Ltd., Class A | 26300 | 37285 |
|  | Dongguan Rural Commercial Bank Co. Ltd., Class H | 22000 | 9064 |
|  | Dongguan Yutong Optical Technology Co. Ltd., Class A | 6500 | 19180 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Donghua Testing Technology Co. Ltd., Class A | 4000 | $22654 |
|  | Dongxing Securities Co. Ltd., Class A | 45600 | 62974 |
|  # | Dongyue Group Ltd. | 532000 | 627828 |
|  # | DouYu International Holdings Ltd., ADR | 11065 | 82433 |
|  \* | DPC Dash Ltd. | 3400 | 43311 |
|  | Dynagreen Environmental Protection Group Co. Ltd., Class H | 127000 | 71506 |
|  | Eaglerise Electric & Electronic China Co. Ltd., Class A | 9700 | 20527 |
|  | East Money Information Co. Ltd., Class A | 25927 | 73540 |
|  | Eastcompeace Technology Co. Ltd., Class A | 15200 | 20479 |
|  | Easyhome New Retail Group Co. Ltd., Class A | 87800 | 39886 |
|  # | E-Commodities Holdings Ltd. | 660000 | 69719 |
|  | Ecovacs Robotics Co. Ltd., Class A | 4100 | 29060 |
|  | Edifier Technology Co. Ltd., Class A | 17400 | 31144 |
|  | Edvantage Group Holdings Ltd. | 109630 | 19798 |
|  | EEKA Fashion Holdings Ltd. | 92000 | 88382 |
|  | Electric Connector Technology Co. Ltd., Class A | 5100 | 33724 |
|  \*†† | Elion Energy Co. Ltd., Class A | 92870 | 3708 |
|  | ENN Energy Holdings Ltd. | 160200 | 1264679 |
|  | ENN Natural Gas Co. Ltd., Class A | 28500 | 77554 |
|  | Eoptolink Technology, Inc. Ltd., Class A | 4800 | 60365 |
|  | Era Co. Ltd., Class A | 31300 | 17160 |
|  | Essex Bio-technology Ltd. | 122000 | 70803 |
|  | Eternal Asia Supply Chain Management Ltd., Class A | 108600 | 72568 |

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**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | EVA Precision Industrial Holdings Ltd. | 414000 | $40206 |
|  | Eve Energy Co. Ltd., Class A | 9800 | 55465 |
|  | Ever Sunshine Services Group Ltd. | 240000 | 58525 |
|  W | Everbright Securities Co. Ltd., Class H | 80600 | 70274 |
|  \*W | Everest Medicines Ltd. | 3000 | 19055 |
|  | Excellence Commercial Property & Facilities Management Group Ltd. | 65000 | 11219 |
|  | Explosive Co. Ltd., Class A | 17800 | 29799 |
|  | Eyebright Medical Technology Beijing Co. Ltd., Class A | 3546 | 38525 |
|  | Fangda Carbon New Material Co. Ltd., Class A | 52700 | 33493 |
|  | Fangda Special Steel Technology Co. Ltd., Class A | 69640 | 42657 |
|  | Far East Smarter Energy Co. Ltd., Class A | 43800 | 28951 |
|  \* | Farasis Energy Gan Zhou Co. Ltd., Class A | 10465 | 17558 |
|  | FAW Jiefang Group Co. Ltd., Class A | 26900 | 26671 |
|  | FAWER Automotive Parts Co. Ltd., Class A | 37700 | 30470 |
|  | Feilong Auto Components Co. Ltd., Class A | 18000 | 37698 |
|  | Ferrotec Anhui Technology Development Co. Ltd., Class A | 3600 | 19007 |
|  | FESCO Group Co. Ltd., Class A | 9600 | 27901 |
|  | Fiberhome Telecommunication Technologies Co. Ltd., Class A | 16700 | 49290 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Fibocom Wireless, Inc., Class A | 15300 | $53708 |
|  \* | FIH Mobile Ltd. | 1063000 | 102858 |
|  \* | Financial Street Holdings Co. Ltd., Class A | 69000 | 26206 |
|  | FinVolution Group, ADR | 49916 | 394836 |
|  | First Capital Securities Co. Ltd., Class A | 37100 | 34693 |
|  | First Tractor Co. Ltd., Class H | 102000 | 79701 |
|  # | Flat Glass Group Co. Ltd., Class H | 116000 | 131093 |
|  | Focus Lightings Tech Co. Ltd., Class A | 17600 | 27492 |
|  | Focus Media Information Technology Co. Ltd., Class A | 88900 | 88245 |
|  \* | Focused Photonics Hangzhou, Inc., Class A | 13500 | 38605 |
|  | Focuslight Technologies, Inc., Class A | 2061 | 18428 |
|  | Foryou Corp., Class A | 12800 | 54945 |
|  | Foshan Electrical & Lighting Co. Ltd., Class A | 26700 | 22238 |
|  | Foshan Haitian Flavouring & Food Co. Ltd., Class A | 14518 | 83823 |
|  | Foshan Nationstar Optoelectronics Co. Ltd., Class A | 17400 | 20484 |
|  \* | Foshan Yowant Technology Co. Ltd., Class A | 27500 | 22073 |
|  | Founder Securities Co. Ltd., Class A | 54100 | 55519 |
|  | Foxconn Industrial Internet Co. Ltd., Class A | 113700 | 286606 |
|  | Friend Co. Ltd., Class A | 14500 | 22712 |
|  # | Fu Shou Yuan International Group Ltd. | 482000 | 218460 |
|  | Fufeng Group Ltd. | 650000 | 543041 |

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**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Fujian Boss Software Development Co. Ltd., Class A | 10320 | $21491 |
|  | Fujian Funeng Co. Ltd., Class A | 58470 | 77157 |
|  | Fujian Kuncai Material Technology Co. Ltd., Class A | 7700 | 21461 |
|  | Fujian Longking Co. Ltd., Class A | 33901 | 54017 |
|  | Fujian Qingshan Paper Industry Co. Ltd., Class A | 66400 | 19460 |
|  | Fujian Star-net Communication Co. Ltd., Class A | 13600 | 36280 |
|  | Fujian Sunner Development Co. Ltd., Class A | 29700 | 65625 |
|  | Fujian Tianma Science & Technology Group Co. Ltd., Class A | 6900 | 12345 |
|  | Fujian Yuanli Active Carbon Co. Ltd., Class A | 9700 | 19360 |
|  | Fushun Special Steel Co. Ltd., Class A | 44200 | 30390 |
|  W | Fuyao Glass Industry Group Co. Ltd., Class H | 134800 | 953307 |
|  | Gan & Lee Pharmaceuticals Co. Ltd., Class A | 3500 | 22980 |
|  #W | Ganfeng Lithium Group Co. Ltd., Class H | 78280 | 190852 |
|  | Gansu Energy Chemical Co. Ltd., Class A | 128700 | 41661 |
|  \* | Gansu Jiu Steel Group Hongxing Iron & Steel Co. Ltd., Class A | 120900 | 22812 |
|  | Gansu Shangfeng Cement Co. Ltd., Class A | 23880 | 28885 |
|  | Gansu Yasheng Industrial Group Co. Ltd., Class A | 53000 | 20666 |
|  | Gaona Aero Material Co. Ltd., Class A | 15680 | 32051 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | G-bits Network Technology Xiamen Co. Ltd., Class A | 1600 | $52601 |
|  | GCL Energy Technology Co. Ltd., Class A | 44900 | 44335 |
|  #\* | GCL New Energy Holdings Ltd. | 250000 | 11582 |
|  \* | GCL Technology Holdings Ltd. | 3085000 | 313544 |
|  | GD Power Development Co. Ltd., Class A | 67800 | 41738 |
|  \* | GDS Holdings Ltd. (9698 HK), Class A | 278700 | 884066 |
|  | Geely Automobile Holdings Ltd. | 1184000 | 2485573 |
|  | GEM Co. Ltd., Class A | 89500 | 75448 |
|  | Gemdale Corp., Class A | 52100 | 30754 |
|  # | Gemdale Properties & Investment Corp. Ltd. | 2404000 | 75429 |
|  \* | Genscript Biotech Corp. | 84000 | 117982 |
|  | GEPIC Energy Development Co. Ltd., Class A | 30000 | 27287 |
|  | Getein Biotech, Inc., Class A | 8036 | 8786 |
|  | GF Securities Co. Ltd., Class H | 260600 | 339465 |
|  W | Giant Biogene Holding Co. Ltd. | 113200 | 1169561 |
|  | Giant Network Group Co. Ltd., Class A | 23100 | 46160 |
|  | Ginlong Technologies Co. Ltd., Class A | 7350 | 53152 |
|  | Glarun Technology Co. Ltd., Class A | 11900 | 34224 |
|  #\* | Global New Material International Holdings Ltd. | 136000 | 67298 |
|  | GoerTek, Inc., Class A | 14900 | 43581 |
|  W | Golden Throat Holdings Group Co. Ltd. | 79000 | 43555 |
|  | Goldenmax International Group Ltd., Class A | 21100 | 23501 |

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**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Goldwind Science & Technology Co. Ltd., Class H | 235947 | $162581 |
|  | Goneo Group Co. Ltd., Class A | 2320 | 22742 |
|  \* | Goodbaby International Holdings Ltd. | 294000 | 42047 |
|  | GoodWe Technologies Co. Ltd. (688390 C1), Class A | 2478 | 13577 |
|  | GoodWe Technologies Co. Ltd. (688390 CH), Class A | 1181 | 6471 |
|  | Gotion High-tech Co. Ltd., Class A | 20060 | 57045 |
|  | Grand Pharmaceutical Group Ltd. | 387500 | 296935 |
|  | Grandblue Environment Co. Ltd., Class A | 13500 | 43047 |
|  \* | Grandjoy Holdings Group Co. Ltd., Class A | 95900 | 34529 |
|  | Great Wall Motor Co. Ltd., Class H | 592500 | 846677 |
|  \* | Greatoo Intelligent Equipment, Inc., Class A | 49700 | 59110 |
|  | Gree Electric Appliances, Inc. of Zhuhai, Class A | 30779 | 193132 |
|  | Greentown China Holdings Ltd. | 443500 | 565943 |
|  W | Greentown Management Holdings Co. Ltd. | 269000 | 92203 |
|  | Greentown Service Group Co. Ltd. | 502000 | 286180 |
|  | GRG Banking Equipment Co. Ltd., Class A | 25300 | 43064 |
|  | GRG Metrology & Test Group Co. Ltd., Class A | 11500 | 27391 |
|  | Grinm Advanced Materials Co. Ltd., Class A | 10300 | 25657 |
|  | Guangdong Aofei Data Technology Co. Ltd., Class A | 14255 | 46640 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Guangdong Baolihua New Energy Stock Co. Ltd., Class A | 22700 | $13091 |
|  | Guangdong Construction Engineering Group Co. Ltd., Class A | 82400 | 39301 |
|  \* | Guangdong Create Century Intelligent Equipment Group Corp. Ltd., Class A | 24800 | 29322 |
|  | Guangdong DFP New Material Group Co. Ltd. | 35900 | 19748 |
|  \* | Guangdong Dongfang Precision Science & Technology Co. Ltd., Class A | 30000 | 53514 |
|  | Guangdong Dongpeng Holdings Co. Ltd., Class A | 44500 | 38052 |
|  | Guangdong Dowstone Technology Co. Ltd., Class A | 25000 | 48183 |
|  | Guangdong Ellington Electronics Technology Co. Ltd., Class A | 22900 | 27466 |
|  | Guangdong Fenghua Advanced Technology Holding Co. Ltd., Class A | 23900 | 43187 |
|  | Guangdong Goworld Co. Ltd., Class A | 13300 | 18035 |
|  | Guangdong Great River Smarter Logistics Co. Ltd., Class A | 6100 | 7642 |
|  \* | Guangdong Guanhao High-Tech Co. Ltd., Class A | 47300 | 19614 |
|  | Guangdong Haid Group Co. Ltd., Class A | 11600 | 88573 |
|  | Guangdong HEC Technology Holding Co. Ltd., Class A | 24000 | 32011 |
|  | Guangdong Hongda Holdings Group Co. Ltd., Class A | 25300 | 106494 |

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**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Guangdong Hongtu Technology Holdings Co. Ltd., Class A | 20400 | $32941 |
|  | Guangdong Huate Gas Co. Ltd., Class A | 3235 | 23257 |
|  | Guangdong Jia Yuan Technology Shares Co. Ltd., Class A | 10200 | 26432 |
|  | Guangdong Kinlong Hardware Products Co. Ltd., Class A | 13700 | 42770 |
|  \* | Guangdong Land Holdings Ltd. | 118116 | 3473 |
|  | Guangdong Lingxiao Pump Industry Co. Ltd., Class A | 6500 | 14119 |
|  | Guangdong Provincial Expressway Development Co. Ltd., Class A | 41400 | 79898 |
|  | Guangdong Sirio Pharma Co. Ltd., Class A | 12010 | 41469 |
|  | Guangdong South New Media Co. Ltd., Class A | 10400 | 55795 |
|  | Guangdong Tapai Group Co. Ltd., Class A | 34600 | 35272 |
|  | Guangdong Topstar Technology Co. Ltd., Class A | 7000 | 27795 |
|  | Guangdong Vanward New Electric Co. Ltd., Class A | 19800 | 30599 |
|  | Guangdong Xinbao Electrical Appliances Holdings Co. Ltd., Class A | 27500 | 52391 |
|  \* | Guangdong Zhongnan Iron & Steel Co. Ltd., Class A | 57100 | 19268 |
|  | Guangdong Zhongsheng Pharmaceutical Co. Ltd., Class A | 11700 | 17960 |
|  | Guanghui Energy Co. Ltd., Class A | 106800 | 85182 |
|  \* | Guanghui Logistics Co. Ltd., Class A | 38800 | 38808 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Guangshen Railway Co. Ltd., Class H | 556000 | $121827 |
|  \* | Guangxi Huaxi Nonferrous Metal Co. Ltd., Class A | 12400 | 32800 |
|  | Guangxi Liugong Machinery Co. Ltd., Class A | 43100 | 59045 |
|  | Guangxi LiuYao Group Co. Ltd., Class A | 7500 | 17474 |
|  | Guangxi Wuzhou Zhongheng Group Co. Ltd., Class A | 101100 | 33827 |
|  \* | GuangYuYuan Chinese Herbal Medicine Co. Ltd., Class A | 8500 | 22294 |
|  # | Guangzhou Automobile Group Co. Ltd., Class H | 577200 | 204000 |
|  | Guangzhou Baiyun International Airport Co. Ltd., Class A | 45400 | 56408 |
|  # | Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class H | 58000 | 126649 |
|  | Guangzhou Development Group, Inc., Class A | 66500 | 59047 |
|  | Guangzhou Great Power Energy & Technology Co. Ltd., Class A | 6100 | 19299 |
|  | Guangzhou Haige Communications Group, Inc. Co., Class A | 14900 | 21313 |
|  | Guangzhou Haoyang Electronic Co. Ltd., Class A | 2850 | 12868 |
|  | Guangzhou KDT Machinery Co. Ltd., Class A | 13860 | 32544 |
|  | Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A | 9600 | 38409 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Guangzhou Lingnan Group Holdings Co. Ltd., Class A | 13400 | $22091 |
|  | Guangzhou Port Co. Ltd., Class A | 49400 | 21282 |
|  | Guangzhou Restaurant Group Co. Ltd., Class A | 13220 | 28230 |
|  | Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A | 6900 | 31944 |
|  | Guangzhou Sie Consulting Co. Ltd., Class A | 12800 | 56954 |
|  | Guangzhou Tinci Materials Technology Co. Ltd., Class A | 8200 | 19714 |
|  | Guangzhou Wondfo Biotech Co. Ltd., Class A | 14040 | 39805 |
|  | Guangzhou Yuexiu Capital Holdings Group Co. Ltd., Class A | 64568 | 56128 |
|  | Guangzhou Zhujiang Brewery Co. Ltd., Class A | 18200 | 26521 |
|  | Guilin Layn Natural Ingredients Corp., Class A | 22500 | 22657 |
|  | Guilin Sanjin Pharmaceutical Co. Ltd., Class A | 14700 | 27655 |
|  | Guizhou Chanhen Chemical Corp., Class A | 16600 | 51661 |
|  | Guizhou Gas Group Corp. Ltd., Class A | 25200 | 23635 |
|  | Guizhou Panjiang Refined Coal Co. Ltd., Class A | 65071 | 40679 |
|  | Guizhou Qianyuan Power Co. Ltd., Class A | 10400 | 22366 |
|  | Guizhou Sanli Pharmaceutical Co. Ltd., Class A | 11700 | 19101 |
|  | Guizhou Tyre Co. Ltd., Class A | 53700 | 32258 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Guizhou Xinbang Pharmaceutical Co. Ltd., Class A | 72400 | $34062 |
|  | Guizhou Zhenhua E-chem, Inc., Class A | 12348 | 19406 |
|  | Guocheng Mining Co. Ltd., Class A | 10900 | 17376 |
|  \* | Guoguang Electric Co. Ltd., Class A | 14500 | 28479 |
|  | Guolian Minsheng Securities Co. Ltd., Class H | 37500 | 17101 |
|  | Guomai Technologies, Inc., Class A | 32100 | 48836 |
|  | Guoquan Food Shanghai Co. Ltd. | 195200 | 65103 |
|  | Guosen Securities Co. Ltd., Class A | 24600 | 36812 |
|  \* | Guosheng Financial Holding, Inc., Class A | 32300 | 53879 |
|  W | Guotai Haitong Securities Co. Ltd., Class H | 438472 | 624923 |
|  | Guoyuan Securities Co. Ltd., Class A | 42430 | 43562 |
|  # | Gushengtang Holdings Ltd. | 33600 | 135101 |
|  | H World Group Ltd. (1179 HK) | 290100 | 1017717 |
|  # | H World Group Ltd. (HTHT US), ADR | 10128 | 346783 |
|  #\*W | Haichang Ocean Park Holdings Ltd. | 981000 | 84656 |
|  W | Haidilao International Holding Ltd. | 385000 | 866849 |
|  | Haier Smart Home Co. Ltd. (600690 C1), Class A | 47100 | 160992 |
|  | Haier Smart Home Co. Ltd. (6690 HK), Class H | 498199 | 1445788 |
|  | Hailir Pesticides & Chemicals Group Co. Ltd., Class A | 5740 | 10195 |
|  \* | Hainan Drinda New Energy Technology Co. Ltd., Class A | 1500 | 8235 |
|  | Hainan Haide Capital Management Co. Ltd., Class A | 44660 | 33361 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Hainan Jinpan Smart Technology Co. Ltd., Class A | 2327 | $10259 |
|  #\* | Hainan Meilan International Airport Co. Ltd., Class H | 91000 | 112507 |
|  | Hainan Mining Co. Ltd., Class A | 36600 | 35283 |
|  | Hainan Strait Shipping Co. Ltd., Class A | 50600 | 41284 |
|  | Haisco Pharmaceutical Group Co. Ltd., Class A | 5700 | 33629 |
|  | Haitian International Holdings Ltd. | 270000 | 625442 |
|  W | Haitong UniTrust International Leasing Co. Ltd., Class H | 492000 | 51853 |
|  | Hangcha Group Co. Ltd., Class A | 16296 | 42221 |
|  | Hangjin Technology Co. Ltd., Class A | 8600 | 28788 |
|  | Hangxiao Steel Structure Co. Ltd., Class A | 78900 | 27321 |
|  | Hangzhou Binjiang Real Estate Group Co. Ltd., Class A | 27600 | 39415 |
|  | Hangzhou Chang Chuan Technology Co. Ltd., Class A | 3200 | 18499 |
|  | Hangzhou Electronic Soul Network Technology Co. Ltd., Class A | 6100 | 17387 |
|  | Hangzhou First Applied Material Co. Ltd., Class A | 19708 | 33318 |
|  | Hangzhou GreatStar Industrial Co. Ltd. | 12800 | 41069 |
|  | Hangzhou Haoyue Personal Care Co. Ltd., Class A | 3800 | 30631 |
|  | Hangzhou Honghua Digital Technology Stock Co. Ltd., Class A | 1702 | 14518 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Hangzhou Huawang New Material Technology Co. Ltd., Class A | 13600 | $20578 |
|  | Hangzhou Iron & Steel Co., Class A | 73700 | 111193 |
|  | Hangzhou Lion Microelectronics Co. Ltd., Class A | 6312 | 22611 |
|  | Hangzhou Onechance Tech Corp., Class A | 5700 | 18799 |
|  | Hangzhou Oxygen Plant Group Co. Ltd., Class A | 17800 | 48829 |
|  | Hangzhou Robam Appliances Co. Ltd., Class A | 14300 | 38531 |
|  \*W | Hangzhou SF Intra-City Industrial Co. Ltd., Class H | 9400 | 9596 |
|  | Hangzhou Shunwang Technology Co. Ltd., Class A | 15800 | 40746 |
|  | Hangzhou Sunrise Technology Co. Ltd., Class A | 10100 | 22061 |
|  #W | Hangzhou Tigermed Consulting Co. Ltd. (3347 HK), Class H | 16900 | 57948 |
|  | Hangzhou Zhongtai Cryogenic Technology Corp., Class A | 12700 | 23757 |
|  W | Hansoh Pharmaceutical Group Co. Ltd. | 84000 | 260314 |
|  \*W | Harbin Bank Co. Ltd., Class H | 702000 | 26279 |
|  | Harbin Boshi Automation Co. Ltd., Class A | 13300 | 30587 |
|  | Harbin Electric Co. Ltd., Class H | 254000 | 156564 |
|  | Harbin Electric Corp. Jiamusi Electric Machine Co. Ltd., Class A | 14020 | 19692 |
|  \* | Harbin Gloria Pharmaceuticals Co. Ltd., Class A | 58300 | 19754 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Harbin Pharmaceutical Group Co. Ltd., Class A | 50900 | $25228 |
|  | HBIS Resources Co. Ltd., Class A | 21000 | 37504 |
|  \*W | HBM Holdings Ltd. | 148000 | 163292 |
|  | Health & Happiness H&H International Holdings Ltd. | 82000 | 93355 |
|  | Hebei Hengshui Laobaigan Liquor Co. Ltd., Class A | 15700 | 37525 |
|  | Hebei Sinopack Electronic Technology Co. Ltd., Class A | 3080 | 19794 |
|  | Hebei Yangyuan Zhihui Beverage Co. Ltd., Class A | 19500 | 65176 |
|  | Hefei Jianghang Aircraft Equipment Co. Ltd., Class A | 16818 | 22031 |
|  | Hefei Meiya Optoelectronic Technology, Inc., Class A | 18240 | 42230 |
|  | Hefei Urban Construction Development Co. Ltd., Class A | 42600 | 37444 |
|  | Heilongjiang Agriculture Co. Ltd., Class A | 24900 | 51393 |
|  | HeiLongJiang ZBD Pharmaceutical Co. Ltd., Class A | 14400 | 21272 |
|  | Helens International Holdings Co. Ltd. | 102000 | 21736 |
|  | Hello Group, Inc., Sponsored ADR | 54377 | 310493 |
|  | Henan Liliang Diamond Co. Ltd., Class A | 9100 | 34341 |
|  | Henan Lingrui Pharmaceutical Co., Class A | 16300 | 51357 |
|  | Henan Mingtai Al Industrial Co. Ltd., Class A | 25800 | 42692 |
|  | Henan Pinggao Electric Co. Ltd., Class A | 28200 | 63033 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Henan Shenhuo Coal Industry & Electricity Power Co. Ltd., Class A | 53200 | $124791 |
|  | Henan Shuanghui Investment & Development Co. Ltd., Class A | 25600 | 88047 |
|  | Henan Thinker Automatic Equipment Co. Ltd., Class A | 9240 | 32840 |
|  \* | Henan Yicheng New Energy Co. Ltd., Class A | 38000 | 18599 |
|  | Henan Yuguang Gold & Lead Co. Ltd., Class A | 20400 | 19400 |
|  \* | Henan Yuneng Holdings Co. Ltd., Class A | 27500 | 15941 |
|  \* | Henan Zhongfu Industry Co. Ltd., Class A | 112200 | 60770 |
|  | Hengan International Group Co. Ltd. | 234000 | 630879 |
|  \* | Hengdeli Holdings Ltd. | 570289 | 7066 |
|  | Hengdian Group DMEGC Magnetics Co. Ltd., Class A | 41600 | 74899 |
|  | Hengli Petrochemical Co. Ltd., Class A | 48100 | 101243 |
|  | Hengtong Logistics Co. Ltd., Class A | 9400 | 11247 |
|  | Hengtong Optic-electric Co. Ltd., Class A | 21600 | 45912 |
|  | Hengyi Petrochemical Co. Ltd., Class A | 54250 | 45489 |
|  | Hesteel Co. Ltd., Class A | 207600 | 62037 |
|  | Hexing Electrical Co. Ltd., Class A | 8600 | 31317 |
|  \* | Hi Sun Technology China Ltd. | 819000 | 32720 |
|  | Hisense Home Appliances Group Co. Ltd., Class H | 137000 | 415467 |
|  | Hisense Visual Technology Co. Ltd., Class A | 18300 | 60051 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Hithink RoyalFlush Information Network Co. Ltd., Class A | 1900 | $67411 |
|  | HLA Group Corp. Ltd., Class A | 84200 | 96239 |
|  | HMT Xiamen New Technical Materials Co. Ltd., Class A | 8900 | 42463 |
|  \* | HNA Technology Co. Ltd., Class A | 65200 | 25121 |
|  | Hongfa Technology Co. Ltd., Class A | 12060 | 54632 |
|  | Hongli Zhihui Group Co. Ltd., Class A | 18300 | 15618 |
|  | Hongrun Construction Group Co. Ltd., Class A | 36200 | 23758 |
|  | Hongta Securities Co. Ltd., Class A | 18450 | 18735 |
|  | Hongyuan Green Energy Co. Ltd., Class A | 16828 | 32931 |
|  \* | Hopson Development Holdings Ltd. | 413086 | 154636 |
|  | Horizon Construction Development Ltd. | 139554 | 19922 |
|  | Hoshine Silicon Industry Co. Ltd., Class A | 3400 | 23903 |
|  | Hoymiles Power Electronics, Inc., Class A | 1463 | 19574 |
|  | Huaan Securities Co. Ltd., Class A | 67020 | 50999 |
|  | Huabao Flavours & Fragrances Co. Ltd., Class A | 10500 | 23188 |
|  | Huada Automotive Technology Corp. Ltd., Class A | 5000 | 24027 |
|  | Huadian Heavy Industries Co. Ltd., Class A | 33400 | 27613 |
|  | Huadian Power International Corp. Ltd., Class H | 364000 | 203845 |
|  | Huadong Medicine Co. Ltd., Class A | 12000 | 64139 |
|  | Huafon Chemical Co. Ltd., Class A | 88800 | 81833 |
|  | Huafu Fashion Co. Ltd., Class A | 75800 | 64666 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Huagong Tech Co. Ltd., Class A | 6100 | $34073 |
|  | Huaibei Mining Holdings Co. Ltd., Class A | 50600 | 82640 |
|  | Huaihe Energy Group Co. Ltd., Class A | 88000 | 42050 |
|  | Hualan Biological Engineering, Inc., Class A | 10669 | 24058 |
|  | Huaming Power Equipment Co. Ltd., Class A | 18400 | 37979 |
|  | Huaneng Power International, Inc., Class H | 676000 | 418750 |
|  | Huangshan Novel Co. Ltd., Class A | 15300 | 22526 |
|  | Huangshan Tourism Development Co. Ltd., Class A | 15500 | 25290 |
|  | Huapont Life Sciences Co. Ltd., Class A | 52000 | 29082 |
|  W | Huatai Securities Co. Ltd., Class H | 284200 | 421185 |
|  | Huatu Cendes Co. Ltd., Class A | 900 | 11820 |
|  | Huaxi Securities Co. Ltd., Class A | 37200 | 41183 |
|  | Huaxia Bank Co. Ltd., Class A | 75900 | 76029 |
|  | Huaxin Cement Co. Ltd. (6655 HK), Class H | 102300 | 119023 |
|  | Huayu Automotive Systems Co. Ltd., Class A | 32551 | 79903 |
|  \* | Hubei Biocause Pharmaceutical Co. Ltd., Class A | 50100 | 18793 |
|  | Hubei Chutian Smart Communication Co. Ltd., Class A | 32600 | 19870 |
|  \* | Hubei Dinglong Co. Ltd., Class A | 6400 | 26274 |
|  | Hubei Energy Group Co. Ltd., Class A | 31500 | 20086 |
|  | Hubei Huitian New Materials Co. Ltd., Class A | 16800 | 19530 |
|  | Hubei Jumpcan Pharmaceutical Co. Ltd., Class A | 22800 | 82553 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Hubei Xingfa Chemicals Group Co. Ltd., Class A | 28300 | $79584 |
|  | Hubei Yihua Chemical Industry Co. Ltd., Class A | 26300 | 39455 |
|  | Hubei Zhenhua Chemical Co. Ltd., Class A | 14900 | 45898 |
|  | Huishang Bank Corp. Ltd., Class H | 170400 | 63987 |
|  \*W | Huitongda Network Co. Ltd., Class H | 6200 | 9379 |
|  | Huizhou Desay Sv Automotive Co. Ltd., Class A | 3800 | 54625 |
|  | Humanwell Healthcare Group Co. Ltd., Class A | 27600 | 79258 |
|  | Hunan Aihua Group Co. Ltd., Class A | 11300 | 23510 |
|  \* | Hunan Er-Kang Pharmaceutical Co. Ltd., Class A | 51000 | 20122 |
|  | Hunan Gold Corp. Ltd., Class A | 11200 | 34662 |
|  | Hunan Jiudian Pharmaceutical Co. Ltd., Class A | 15500 | 34110 |
|  \* | Hunan New Wellful Co. Ltd., Class A | 26000 | 21656 |
|  | Hunan TV & Broadcast Intermediary Co. Ltd., Class A | 44800 | 44522 |
|  | Hunan Valin Steel Co. Ltd., Class A | 83640 | 56249 |
|  | Hunan Zhongke Electric Co. Ltd., Class A | 26900 | 56005 |
|  | Hundsun Technologies, Inc., Class A | 4976 | 17842 |
|  | HUYA, Inc., ADR | 27296 | 102633 |
|  #\*W | Hygeia Healthcare Holdings Co. Ltd. | 135000 | 243424 |
|  | Hymson Laser Technology Group Co. Ltd., Class A | 5109 | 19040 |
|  \* | Hytera Communications Corp. Ltd., Class A | 35200 | 54125 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | HyUnion Holding Co. Ltd., Class A | 21900 | $20983 |
|  \* | IAT Automobile Technology Co. Ltd., Class A | 16000 | 21989 |
|  \*W | iDreamSky Technology Holdings Ltd. | 94800 | 10604 |
|  | IEIT Systems Co. Ltd., Class A | 3800 | 26747 |
|  | Iflytek Co. Ltd., Class A | 4200 | 27256 |
|  | IKD Co. Ltd., Class A | 28200 | 64581 |
|  \* | I-Mab, Sponsored ADR | 4515 | 4066 |
|  \*W | IMAX China Holding, Inc. | 24000 | 19994 |
|  | Imeik Technology Development Co. Ltd., Class A | 1482 | 35248 |
|  | Industrial & Commercial Bank of China Ltd., Class H | 4006000 | 2744155 |
|  | Industrial Bank Co. Ltd., Class A | 147900 | 425348 |
|  | Industrial Securities Co. Ltd., Class A | 56320 | 44876 |
|  | Infore Environment Technology Group Co. Ltd., Class A | 52000 | 42768 |
|  \*W | Ingdan, Inc. | 206000 | 32272 |
|  | Inkeverse Group Ltd. | 387000 | 72639 |
|  \* | INKON Life Technology Co. Ltd., Class A | 18300 | 23647 |
|  | Inmyshow Digital Technology Group Co. Ltd., Class A | 58200 | 38295 |
|  \* | Inner Mongolia BaoTou Steel Union Co. Ltd., Class A | 306400 | 72942 |
|  | Inner Mongolia Dian Tou Energy Corp. Ltd., Class A | 31100 | 76435 |
|  | Inner Mongolia ERDOS Resources Co. Ltd., Class A | 39788 | 49794 |
|  \* | Inner Mongolia Furui Medical Science Co. Ltd., Class A | 3600 | 14861 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd., Class A | 87300 | $65058 |
|  | Inner Mongolia MengDian HuaNeng Thermal Power Corp. Ltd., Class A | 61600 | 33853 |
|  | Inner Mongolia Xingye Silver&Tin Mining Co. Ltd., Class A | 16900 | 30939 |
|  | Inner Mongolia Yili Industrial Group Co. Ltd., Class A | 37900 | 155297 |
|  | Inner Mongolia Yuan Xing Energy Co. Ltd., Class A | 78600 | 55525 |
|  \*W | InnoCare Pharma Ltd. | 72000 | 94074 |
|  \*W | Innovent Biologics, Inc. | 30000 | 207777 |
|  | Innuovo Technology Co. Ltd., Class A | 19000 | 27399 |
|  | Insigma Technology Co. Ltd., Class A | 21100 | 30620 |
|  | Inspur Digital Enterprise Technology Ltd. | 132000 | 133298 |
|  | Intco Medical Technology Co. Ltd., Class A | 6600 | 20225 |
|  | Intron Technology Holdings Ltd. | 53000 | 9030 |
|  #\* | iQIYI, Inc., ADR | 189838 | 349302 |
|  | iRay Group, Class A | 1476 | 24625 |
|  | IReader Technology Co. Ltd., Class A | 7700 | 20773 |
|  \* | IRICO Display Devices Co. Ltd., Class A | 90900 | 83825 |
|  \* | J&T Global Express Ltd. | 511400 | 397297 |
|  | JA Solar Technology Co. Ltd., Class A | 63960 | 84128 |
|  | Jade Bird Fire Co. Ltd., Class A | 25070 | 38290 |
|  | Jafron Biomedical Co. Ltd., Class A | 10500 | 30895 |
|  | Jangho Group Co. Ltd., Class A | 34800 | 25515 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jason Furniture Hangzhou Co. Ltd., Class A | 17100 | $58740 |
|  | JCET Group Co. Ltd., Class A | 20800 | 95818 |
|  | JCHX Mining Management Co. Ltd., Class A | 6900 | 35167 |
|  \*W | JD Health International, Inc. | 187650 | 890437 |
|  \*W | JD Logistics, Inc. | 650900 | 1020879 |
|  | JD.com, Inc. (9618 HK), Class A | 298407 | 4858491 |
|  | Jia Yao Holdings Ltd. | 20000 | 8378 |
|  | Jiajiayue Group Co. Ltd., Class A | 26300 | 38251 |
|  | Jiang Su Suyan Jingshen Co. Ltd., Class A | 29900 | 39375 |
|  | Jiangling Motors Corp. Ltd., Class A | 9800 | 25394 |
|  | Jiangsu Asia-Pacific Light Alloy Technology Co. Ltd., Class A | 32000 | 25423 |
|  | Jiangsu Azure Corp., Class A | 20400 | 35708 |
|  | Jiangsu Bojun Industrial Technology Co. Ltd., Class A | 9250 | 32807 |
|  | Jiangsu Broadcasting Cable Information Network Corp. Ltd., Class A | 102300 | 46654 |
|  | Jiangsu Changshu Automotive Trim Group Co. Ltd., Class A | 8000 | 14278 |
|  | Jiangsu Changshu Rural Commercial Bank Co. Ltd., Class A | 72380 | 72421 |
|  | Jiangsu Dingsheng New Energy Materials Co. Ltd., Class A | 29060 | 34458 |
|  | Jiangsu Eastern Shenghong Co. Ltd., Class A | 30900 | 37454 |
|  | Jiangsu Expressway Co. Ltd., Class H | 174000 | 216522 |

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**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jiangsu Financial Leasing Co. Ltd., Class A | 143900 | $105785 |
|  | Jiangsu General Science Technology Co. Ltd., Class A | 48800 | 30581 |
|  | Jiangsu Gian Technology Co. Ltd., Class A | 5500 | 24704 |
|  | Jiangsu Guomao Reducer Co. Ltd., Class A | 15220 | 33108 |
|  | Jiangsu Guotai International Group Co. Ltd., Class A | 47900 | 47222 |
|  | Jiangsu Guoxin Corp. Ltd., Class A | 22900 | 23141 |
|  \* | Jiangsu Haili Wind Power Equipment Technology Co. Ltd., Class A | 4200 | 34740 |
|  | Jiangsu Hengli Hydraulic Co. Ltd., Class A | 5717 | 58870 |
|  | Jiangsu Hengrui Pharmaceuticals Co. Ltd., Class A | 8533 | 59965 |
|  \* | Jiangsu High Hope International Group Corp., Class A | 59400 | 20244 |
|  | Jiangsu Hongdou Industrial Co. Ltd., Class A | 74100 | 21643 |
|  | Jiangsu Hongtian Technology Co. Ltd., Class A | 5700 | 18075 |
|  | Jiangsu Huachang Chemical Co. Ltd., Class A | 17700 | 17018 |
|  | Jiangsu Jiangyin Rural Commercial Bank Co. Ltd., Class A | 72583 | 41462 |
|  | Jiangsu Jiejie Microelectronics Co. Ltd., Class A | 7400 | 29831 |
|  | Jiangsu Kanion Pharmaceutical Co. Ltd., Class A | 14200 | 24746 |
|  | Jiangsu King's Luck Brewery JSC Ltd., Class A | 7987 | 52117 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jiangsu Leili Motor Co. Ltd., Class A | 6800 | $56328 |
|  | Jiangsu Lianyungang Port Co. Ltd., Class A | 19500 | 14451 |
|  | Jiangsu Lihua Foods Group Co. Ltd. | 22875 | 59779 |
|  | Jiangsu Linyang Energy Co. Ltd., Class A | 45100 | 34387 |
|  \* | Jiangsu Lopal Tech Co. Ltd., Class A | 13900 | 18686 |
|  | Jiangsu Nata Opto-electronic Material Co. Ltd., Class A | 8200 | 44666 |
|  | Jiangsu Nhwa Pharmaceutical Co. Ltd., Class A | 18500 | 56865 |
|  | Jiangsu Pacific Quartz Co. Ltd., Class A | 8850 | 39483 |
|  | Jiangsu Phoenix Publishing & Media Corp. Ltd., Class A | 34800 | 56276 |
|  | Jiangsu Provincial Agricultural Reclamation & Development Corp., Class A | 30300 | 40591 |
|  | Jiangsu Shagang Co. Ltd., Class A | 28700 | 23201 |
|  | Jiangsu Shemar Electric Co. Ltd., Class A | 7300 | 24156 |
|  | Jiangsu Shentong Valve Co. Ltd., Class A | 12900 | 19251 |
|  | Jiangsu Shuangxing Color Plastic New Materials Co. Ltd., Class A | 49900 | 34042 |
|  | Jiangsu Sidike New Material Science & Technology Co. Ltd. (300806 C2), Class A | 12600 | 26589 |
|  | Jiangsu Sidike New Material Science & Technology Co. Ltd. (300806 CH), Class A | 4480 | 9454 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Jiangsu Sopo Chemical Co., Class A | 19000 | $21535 |
|  | Jiangsu Suzhou Rural Commercial Bank Co. Ltd., Class A | 36400 | 26291 |
|  | Jiangsu ToLand Alloy Co. Ltd., Class A | 7760 | 23184 |
|  | Jiangsu Tongrun Equipment Technology Co. Ltd., Class A | 11200 | 16848 |
|  | Jiangsu Xinquan Automotive Trim Co. Ltd., Class A | 7600 | 42238 |
|  | Jiangsu Yanghe Distillery Co. Ltd., Class A | 13500 | 127527 |
|  | Jiangsu Yangnong Chemical Co. Ltd., Class A | 8190 | 58161 |
|  | Jiangsu Yoke Technology Co. Ltd., Class A | 2400 | 18239 |
|  | Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., Class A | 10900 | 51726 |
|  | Jiangsu Zhangjiagang Rural Commercial Bank Co. Ltd., Class A | 85720 | 49600 |
|  | Jiangsu Zhongtian Technology Co. Ltd., Class A | 20900 | 40144 |
|  | Jiangsu Zijin Rural Commercial Bank Co. Ltd., Class A | 118800 | 44195 |
|  \* | Jiangxi Black Cat Carbon Black Co. Ltd., Class A | 13200 | 20077 |
|  | Jiangxi Copper Co. Ltd., Class H | 345000 | 579702 |
|  \* | Jiangxi Fushine Pharmaceutical Co. Ltd., Class A | 12700 | 14751 |
|  | Jiangxi Ganneng Co. Ltd., Class A | 19600 | 24795 |
|  | Jiangxi Ganyue Expressway Co. Ltd., Class A | 52900 | 37449 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jiangxi Guotai Group Co. Ltd., Class A | 15500 | $26810 |
|  | Jiangxi Huangshanghuang Group Food Co. Ltd., Class A | 13500 | 18923 |
|  | Jiangxi Xinyu Guoke Technology Co. Ltd., Class A | 7200 | 27081 |
|  | Jiangyin Haida Rubber & Plastic Co. Ltd., Class A | 13700 | 19039 |
|  | Jiangyin Jianghua Microelectronics Materials Co. Ltd., Class A | 5800 | 15762 |
|  | Jiangzhong Pharmaceutical Co. Ltd., Class A | 16900 | 53282 |
|  | Jianmin Pharmaceutical Group Co. Ltd., Class A | 3400 | 19619 |
|  | Jiaozuo Wanfang Aluminum Manufacturing Co. Ltd., Class A | 36500 | 33796 |
|  | Jiayou International Logistics Co. Ltd., Class A | 18000 | 34525 |
|  | Jihua Group Corp. Ltd., Class A | 82900 | 29466 |
|  | Jilin Aodong Pharmaceutical Group Co. Ltd., Class A | 14400 | 31696 |
|  \* | Jilin Chemical Fibre, Class A | 45300 | 22592 |
|  | Jilin Electric Power Co. Ltd., Class A | 44000 | 32349 |
|  | Jilin OLED Material Tech Co. Ltd., Class A | 5849 | 14682 |
|  # | Jinchuan Group International Resources Co. Ltd. | 653000 | 53886 |
|  | Jinduicheng Molybdenum Co. Ltd., Class A | 77100 | 104162 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jinghua Pharmaceutical Group Co. Ltd., Class A | 20700 | $19855 |
|  | Jingjin Equipment, Inc., Class A | 15800 | 35407 |
|  | Jinhong Gas Co. Ltd., Class A | 6719 | 15364 |
|  | Jinhui Liquor Co. Ltd., Class A | 8000 | 21176 |
|  \* | Jinke Smart Services Group Co. Ltd., Class H | 49900 | 45634 |
|  # | JinkoSolar Holding Co. Ltd., ADR | 12176 | 208940 |
|  | Jinlei Technology Co. Ltd., Class A | 8500 | 23068 |
|  | Jinlongyu Group Co. Ltd., Class A | 11300 | 25557 |
|  | Jinneng Holding Shanxi Coal Industry Co. Ltd., Class A | 41400 | 63135 |
|  \* | Jinneng Holding Shanxi Electric Power Co. Ltd., Class A | 33900 | 12376 |
|  | Jinneng Science&Technology Co. Ltd., Class A | 32000 | 27434 |
|  #W | Jinxin Fertility Group Ltd. | 858000 | 320885 |
|  | Jinyu Bio-Technology Co. Ltd., Class A | 24900 | 23304 |
|  | JiuGui Liquor Co. Ltd., Class A | 3900 | 23031 |
|  #W | Jiumaojiu International Holdings Ltd. | 308000 | 99911 |
|  | Jizhong Energy Resources Co. Ltd., Class A | 110900 | 95309 |
|  # | JL Mag Rare-Earth Co. Ltd. (6680 HK), Class H | 16000 | 27274 |
|  | JNBY Design Ltd. | 88500 | 167359 |
|  | Joincare Pharmaceutical Group Industry Co. Ltd., Class A | 52900 | 77222 |
|  | Joinn Laboratories China Co. Ltd., Class A | 14624 | 31428 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jointo Energy Investment Co. Ltd. Hebei, Class A | 23500 | $20769 |
|  | Jointown Pharmaceutical Group Co. Ltd., Class A | 74680 | 55634 |
|  | Jolywood Suzhou Sunwatt Co. Ltd., Class A | 28200 | 19967 |
|  | Jones Tech PLC, Class A | 7400 | 24854 |
|  | Jonjee Hi-Tech Industrial & Commercial Holding Co. Ltd., Class A | 14900 | 39565 |
|  | Joy City Property Ltd. | 1858000 | 49844 |
|  | Joyoung Co. Ltd., Class A | 17316 | 22653 |
|  | JS Corrugating Machinery Co. Ltd., Class A | 14500 | 21366 |
|  \*W | JS Global Lifestyle Co. Ltd. | 369500 | 85709 |
|  | JSTI Group, Class A | 30744 | 37252 |
|  \* | Ju Teng International Holdings Ltd. | 328000 | 57712 |
|  | Juewei Food Co. Ltd., Class A | 14600 | 31890 |
|  | Juneyao Airlines Co. Ltd., Class A | 23700 | 40488 |
|  \*W | JW Cayman Therapeutics Co. Ltd. | 66000 | 12954 |
|  \* | JY Grandmark Holdings Ltd. | 98000 | 4019 |
|  | Kailuan Energy Chemical Co. Ltd., Class A | 35000 | 29106 |
|  | Kaishan Group Co. Ltd., Class A | 28700 | 34508 |
|  # | Kangji Medical Holdings Ltd. | 125000 | 120623 |
|  \* | KBC Corp. Ltd., Class A | 2693 | 9100 |
|  | Keboda Technology Co. Ltd., Class A | 4500 | 33604 |
|  | Keda Industrial Group Co. Ltd., Class A | 43500 | 54295 |
|  | KEDE Numerical Control Co. Ltd., Class A | 2313 | 24078 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Kehua Data Co. Ltd., Class A | 9400 | $55047 |
|  | Keshun Waterproof Technologies Co. Ltd., Class A | 47500 | 30797 |
|  | Kidswant Children Products Co. Ltd., Class A | 45900 | 80549 |
|  | Kinetic Development Group Ltd. | 826000 | 125526 |
|  | Kingboard Holdings Ltd. | 269500 | 723992 |
|  | Kingboard Laminates Holdings Ltd. | 322000 | 336185 |
|  | KingClean Electric Co. Ltd., Class A | 9180 | 26876 |
|  | Kingfa Sci & Tech Co. Ltd., Class A | 15000 | 22671 |
|  | Kingnet Network Co. Ltd., Class A | 25800 | 60261 |
|  | Kingsoft Corp. Ltd. | 200600 | 999470 |
|  | Konfoong Materials International Co. Ltd., Class A | 3000 | 30812 |
|  \* | Konka Group Co. Ltd., Class A | 49000 | 36891 |
|  | KPC Pharmaceuticals, Inc., Class A | 12100 | 25494 |
|  | Kuaijishan Shaoxing Wine Co. Ltd., Class A | 15700 | 32164 |
|  \*W | Kuaishou Technology | 366400 | 2418346 |
|  | Kuangda Technology Group Co. Ltd., Class A | 43400 | 30073 |
|  | Kunlun Energy Co. Ltd. | 1426000 | 1359228 |
|  | Kunshan Huguang Auto Harness Co. Ltd., Class A | 7100 | 29368 |
|  | Kunshan Kinglai Hygienic Materials Co. Ltd., Class A | 7920 | 34800 |
|  \* | Kunwu Jiuding Investment Holdings Co. Ltd., Class A | 11200 | 20103 |
|  | Kweichow Moutai Co. Ltd., Class A | 6038 | 1286398 |
|  | Lakala Payment Co. Ltd., Class A | 25600 | 74645 |
|  | Lancy Co. Ltd., Class A | 9300 | 20347 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Lanzhou LS Heavy Equipment Co. Ltd., Class A | 35900 | $32822 |
|  | Lao Feng Xiang Co. Ltd., Class A | 6800 | 44940 |
|  | Laobaixing Pharmacy Chain JSC, Class A | 23663 | 65491 |
|  | Launch Tech Co. Ltd., Class H | 40500 | 54263 |
|  | LB Group Co. Ltd., Class A | 36700 | 83840 |
|  | Lee & Man Chemical Co. Ltd. | 62000 | 27938 |
|  # | Lee & Man Paper Manufacturing Ltd. | 442000 | 118778 |
|  | Lee's Pharmaceutical Holdings Ltd. | 149500 | 25636 |
|  \*W | Legend Holdings Corp., Class H | 197200 | 195758 |
|  | Lens Technology Co. Ltd., Class A | 60400 | 173746 |
|  | Leoch International Technology Ltd. | 62000 | 18641 |
|  | Lepu Medical Technology Beijing Co. Ltd., Class A | 14800 | 22861 |
|  \* | Leshan Giantstar Farming & Husbandry Corp. Ltd., Class A | 9200 | 25371 |
|  | Levima Advanced Materials Corp., Class A | 15700 | 31773 |
|  | LexinFintech Holdings Ltd., ADR | 38480 | 302068 |
|  | Leyard Optoelectronic Co. Ltd., Class A | 43500 | 36849 |
|  \* | Li Auto, Inc. (2015 HK), Class A | 52800 | 643351 |
|  #\* | Li Auto, Inc. (LI US), ADR | 857 | 20902 |
|  | Li Ning Co. Ltd. | 921000 | 1736396 |
|  | Lianhe Chemical Technology Co. Ltd., Class A | 30100 | 26214 |
|  \* | Liao Ning Oxiranchem, Inc. (300082 CH), Class A | 9800 | 8148 |
|  | Liaoning Cheng Da Co. Ltd., Class A | 34800 | 47890 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Liaoning Port Co. Ltd., Class H | 134000 | $11561 |
|  \* | Lier Chemical Co. Ltd., Class A | 27380 | 38480 |
|  #\* | Lifetech Scientific Corp. | 672000 | 124680 |
|  | Lijiang Yulong Tourism Co. Ltd., Class A | 18100 | 22149 |
|  | Lingbao Gold Group Co. Ltd., Class H | 140000 | 154592 |
|  | Lingyi iTech Guangdong Co., Class A | 42100 | 46378 |
|  W | Linklogis, Inc., Class B | 315000 | 47085 |
|  \* | Liuzhou Iron & Steel Co. Ltd., Class A | 44400 | 19708 |
|  # | Livzon Pharmaceutical Group, Inc., Class H | 50471 | 167386 |
|  | Lizhong Sitong Light Alloys Group Co. Ltd., Class A | 21100 | 48074 |
|  # | LK Technology Holdings Ltd. | 157250 | 56506 |
|  | Loncin Motor Co. Ltd., Class A | 55897 | 95882 |
|  W | Longfor Group Holdings Ltd. | 518500 | 693531 |
|  | Longhua Technology Group Luoyang Co. Ltd., Class A | 10400 | 9720 |
|  | LONGi Green Energy Technology Co. Ltd., Class A | 33744 | 68323 |
|  | Longshine Technology Group Co. Ltd., Class A | 14200 | 27490 |
|  | Lonking Holdings Ltd. | 809000 | 203708 |
|  \* | Lotus Holdings Co. Ltd. | 47900 | 43479 |
|  | Lucky Harvest Co. Ltd., Class A | 5700 | 42405 |
|  | Luenmei Quantum Co. Ltd., Class A | 47808 | 38639 |
|  | Luoniushan Co. Ltd., Class A | 26700 | 21739 |
|  \* | Luoxin Pharmaceuticals Group Stock Co. Ltd., Class A | 15000 | 9061 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Luoyang Xinqianglian Slewing Bearing Co. Ltd., Class A | 14300 | $56435 |
|  | Lushang Freda Pharmaceutical Co. Ltd., Class A | 22600 | 23091 |
|  | Luxi Chemical Group Co. Ltd., Class A | 47000 | 69149 |
|  | Luxin Venture Capital Group Co. Ltd., Class A | 12200 | 19325 |
|  | Luxshare Precision Industry Co. Ltd., Class A | 37949 | 161532 |
|  | Luyang Energy-Saving Materials Co. Ltd. | 21000 | 34679 |
|  #\*W | Luye Pharma Group Ltd. | 776500 | 201602 |
|  | Luzhou Laojiao Co. Ltd., Class A | 9000 | 153364 |
|  \* | Maanshan Iron & Steel Co. Ltd., Class H | 496000 | 104745 |
|  | Maccura Biotechnology Co. Ltd., Class A | 16300 | 25536 |
|  | Malion New Materials Co. Ltd., Class A | 19800 | 23157 |
|  | Mango Excellent Media Co. Ltd., Class A | 20602 | 64524 |
|  #\*W | Maoyan Entertainment | 160800 | 141291 |
|  | Maxscend Microelectronics Co. Ltd., Class A | 1700 | 17568 |
|  | Maxvision Technology Corp., Class A | 6800 | 26471 |
|  | Mayinglong Pharmaceutical Group Co. Ltd., Class A | 6400 | 22574 |
|  #W | Medlive Technology Co. Ltd. | 50500 | 78629 |
|  | Mehow Innovative Ltd., Class A | 5000 | 16290 |
|  | Meihua Holdings Group Co. Ltd., Class A | 65600 | 98986 |
|  | Meinian Onehealth Healthcare Holdings Co. Ltd., Class A | 76900 | 56485 |
|  W | Meitu, Inc. | 301500 | 212682 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \*W | Meituan, Class B | 237220 | $3927755 |
|  | Mesnac Co. Ltd., Class A | 30300 | 32590 |
|  | Metallurgical Corp. of China Ltd., Class H | 785000 | 148430 |
|  | M-Grass Ecology & Environment Group Co. Ltd., Class A | 42200 | 24306 |
|  \*W | Microport Cardioflow Medtech Corp. | 196000 | 22787 |
|  # | MicroPort NeuroScientific Corp. | 44000 | 59447 |
|  \* | Microport Scientific Corp. | 63800 | 57608 |
|  | Micro-Tech Nanjing Co. Ltd., Class A | 2291 | 18890 |
|  | Midea Group Co. Ltd., Class A | 27500 | 278811 |
|  W | Midea Real Estate Holding Ltd. | 92800 | 48160 |
|  | Milkyway Intelligent Supply Chain Service Group Co. Ltd., Class A | 5800 | 38581 |
|  | Ming Yang Smart Energy Group Ltd., Class A | 21700 | 30515 |
|  | Ming Yuan Cloud Group Holdings Ltd. | 262000 | 98018 |
|  \* | Mingfa Group International Co. Ltd. | 299000 | 4222 |
|  | MINISO Group Holding Ltd. | 147400 | 662701 |
|  | Minmetals Capital Co. Ltd., Class A | 38000 | 27169 |
|  \* | Minmetals Development Co. Ltd., Class A | 25100 | 24765 |
|  \* | Minth Group Ltd. | 276000 | 659259 |
|  | MLS Co. Ltd., Class A | 42600 | 46322 |
|  \*W | Mobvista, Inc. | 213000 | 151926 |
|  \* | MOG Digitech Holdings Ltd. | 190000 | 7966 |
|  | Montage Technology Co. Ltd., Class A | 2343 | 24803 |
|  | Moon Environment Technology Co. Ltd., Class A | 23400 | 37097 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Motic Xiamen Electric Group Co. Ltd., Class A | 9400 | $19909 |
|  | Muyuan Foods Co. Ltd., Class A | 14967 | 81766 |
|  | MYS Group Co. Ltd., Class A | 22300 | 10709 |
|  | Nancal Technology Co. Ltd., Class A | 3800 | 16093 |
|  | NanJi E-Commerce Co. Ltd., Class A | 47100 | 28542 |
|  | Nanjing Cosmos Chemical Co. Ltd., Class A | 8700 | 24035 |
|  | Nanjing Hanrui Cobalt Co. Ltd., Class A | 7300 | 31851 |
|  | Nanjing Iron & Steel Co. Ltd., Class A | 119200 | 70902 |
|  | Nanjing Pharmaceutical Co. Ltd., Class A | 38500 | 27633 |
|  | Nanjing Securities Co. Ltd., Class A | 25800 | 27496 |
|  \* | Nanjing Tanker Corp., Class A | 126900 | 46636 |
|  | Nanjing Xinjiekou Department Store Co. Ltd., Class A | 30600 | 26765 |
|  | Nantong Jianghai Capacitor Co. Ltd., Class A | 18900 | 47492 |
|  | Nantong Jiangshan Agrochemical & Chemical LLC, Class A | 9000 | 20364 |
|  | NARI Technology Co. Ltd., Class A | 46532 | 141974 |
|  | NAURA Technology Group Co. Ltd., Class A | 1300 | 80843 |
|  \* | NavInfo Co. Ltd., Class A | 31400 | 36018 |
|  \* | Nayuki Holdings Ltd. | 237000 | 34300 |
|  | NBTM New Materials Group Co. Ltd., Class A | 12900 | 35548 |
|  | NetDragon Websoft Holdings Ltd. | 101000 | 128895 |
|  \*W | NetEase Cloud Music, Inc. | 8000 | 187094 |
|  | NetEase, Inc. (NTES US), ADR | 43586 | 4666317 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Neusoft Corp., Class A | 18600 | $25794 |
|  | New China Life Insurance Co. Ltd., Class H | 322000 | 1175915 |
|  | New Hope Dairy Co. Ltd., Class A | 18400 | 42197 |
|  \* | New Hope Liuhe Co. Ltd., Class A | 13100 | 17310 |
|  \* | New Journey Health Technology Group Co. Ltd., Class A | 59000 | 18510 |
|  | New Trend International Logis-Tech Co. Ltd., Class A | 12200 | 18719 |
|  | Neway Valve Suzhou Co. Ltd., Class A | 16500 | 60937 |
|  \* | Newborn Town, Inc. | 138000 | 145219 |
|  | Newland Digital Technology Co. Ltd., Class A | 17900 | 66007 |
|  | Nexteer Automotive Group Ltd. | 314000 | 210485 |
|  #\* | Nine Dragons Paper Holdings Ltd. | 563000 | 206624 |
|  | Ningbo Boway Alloy Material Co. Ltd., Class A | 20600 | 49359 |
|  | Ningbo Changhong Polymer Scientific & Technical, Inc., Class A | 12700 | 28598 |
|  | Ningbo Haitian Precision Machinery Co. Ltd., Class A | 12700 | 33279 |
|  | Ningbo Huaxiang Electronic Co. Ltd., Class A | 21900 | 50407 |
|  \* | Ningbo Jifeng Auto Parts Co. Ltd., Class A | 28300 | 48297 |
|  | Ningbo Jintian Copper Group Co. Ltd., Class A | 37300 | 34248 |
|  | Ningbo Joyson Electronic Corp., Class A | 27600 | 62541 |
|  | Ningbo Orient Wires & Cables Co. Ltd., Class A | 14300 | 99536 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Ningbo Peacebird Fashion Co. Ltd., Class A | 11900 | $25999 |
|  | Ningbo Ronbay New Energy Technology Co. Ltd., Class A | 13117 | 36217 |
|  | Ningbo Sanxing Medical Electric Co. Ltd., Class A | 8700 | 30640 |
|  | Ningbo Shanshan Co. Ltd., Class A | 21300 | 20583 |
|  | Ningbo Sunrise Elc Technology Co. Ltd., Class A | 9000 | 21485 |
|  | Ningbo Tuopu Group Co. Ltd., Class A | 10140 | 73322 |
|  | Ningbo Xusheng Group Co. Ltd., Class A | 20388 | 36278 |
|  | Ningbo Yunsheng Co. Ltd., Class A | 34900 | 35874 |
|  | Ningbo Zhoushan Port Co. Ltd., Class A | 42100 | 20621 |
|  | Ningxia Baofeng Energy Group Co. Ltd., Class A | 49600 | 109436 |
|  | Ningxia Building Materials Group Co. Ltd., Class A | 10300 | 18255 |
|  \* | Ningxia Western Venture Industrial Co. Ltd., Class A | 34700 | 24680 |
|  \* | Niu Technologies, Sponsored ADR | 9365 | 31466 |
|  | NKY Medical Holdings Ltd., Class A | 10200 | 20849 |
|  | Noah Holdings Ltd., Sponsored ADR | 14753 | 135580 |
|  W | Nongfu Spring Co. Ltd., Class H | 258400 | 1187914 |
|  | Norinco International Cooperation Ltd., Class A | 25280 | 35680 |
|  | North China Pharmaceutical Co. Ltd., Class A | 51500 | 42827 |
|  | North Copper Co. Ltd., Class A | 34500 | 42652 |
|  | North Huajin Chemical Industries Co. Ltd., Class A | 47400 | 34482 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | North Industries Group Red Arrow Co. Ltd., Class A | 17500 | $40627 |
|  | Northeast Pharmaceutical Group Co. Ltd., Class A | 65374 | 46244 |
|  | Northeast Securities Co. Ltd., Class A | 59500 | 62054 |
|  | Northking Information Technology Co. Ltd., Class A | 11524 | 29779 |
|  | Novoray Corp., Class A | 3265 | 24920 |
|  \* | NSFOCUS Technologies Group Co. Ltd., Class A | 16100 | 15517 |
|  \* | Nuode New Materials Co. Ltd., Class A | 36100 | 15196 |
|  | NYOCOR Co. Ltd., Class A | 31100 | 23555 |
|  \*W | Ocumension Therapeutics | 68000 | 47354 |
|  \* | Offcn Education Technology Co. Ltd., Class A | 121700 | 50496 |
|  | Offshore Oil Engineering Co. Ltd., Class A | 83400 | 60991 |
|  \* | OFILM Group Co. Ltd., Class A | 25500 | 39537 |
|  | Olympic Circuit Technology Co. Ltd., Class A | 6400 | 23487 |
|  | Onewo, Inc., Class H | 71600 | 197582 |
|  | Oppein Home Group, Inc., Class A | 8400 | 76515 |
|  | Opple Lighting Co. Ltd., Class A | 10400 | 24175 |
|  | ORG Technology Co. Ltd., Class A | 67184 | 49432 |
|  | Orient International Enterprise Ltd., Class A | 27900 | 28634 |
|  | Orient Overseas International Ltd. | 35000 | 488897 |
|  #W | Orient Securities Co. Ltd., Class H | 206800 | 121795 |
|  \* | Oriental Energy Co. Ltd., Class A | 38900 | 43816 |
|  | Oriental Pearl Group Co. Ltd., Class A | 31900 | 32400 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Ovctek China, Inc., Class A | 18180 | $36843 |
|  | Pacific Shuanglin Bio-pharmacy Co. Ltd., Class A | 14200 | 42853 |
|  \* | Pangang Group Vanadium Titanium & Resources Co. Ltd., Class A | 91500 | 32121 |
|  | PCI Technology Group Co. Ltd., Class A | 48840 | 34867 |
|  \* | PDD Holdings, Inc., ADR | 40382 | 4263128 |
|  #\*W | Peijia Medical Ltd. | 89000 | 61005 |
|  \*†† | Pengdu Agriculture & Animal Husbandry Co. Ltd., Class A | 113300 | 2184 |
|  \* | Pengxin International Mining Co. Ltd., Class A | 42800 | 28377 |
|  | People.cn Co. Ltd., Class A | 6800 | 18553 |
|  | People's Insurance Co. Group of China Ltd. , Class H | 1284000 | 759892 |
|  | Perennial Energy Holdings Ltd. | 80000 | 7840 |
|  | PetroChina Co. Ltd., Class H | 3612000 | 2760067 |
|  | PharmaBlock Sciences Nanjing, Inc., Class A | 6200 | 27473 |
|  W | Pharmaron Beijing Co. Ltd., Class H | 57675 | 100010 |
|  | PhiChem Corp., Class A | 7100 | 17313 |
|  | PICC Property & Casualty Co. Ltd., Class H | 912000 | 1679393 |
|  | Ping An Bank Co. Ltd., Class A | 138100 | 207620 |
|  #W | Ping An Healthcare & Technology Co. Ltd. | 412818 | 396834 |
|  | Ping An Insurance Group Co. of China Ltd., Class H | 937500 | 5610967 |
|  | Pingdingshan Tianan Coal Mining Co. Ltd., Class A | 70500 | 79785 |
|  | PNC Process Systems Co. Ltd., Class A | 9640 | 33975 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | POCO Holding Co. Ltd., Class A | 4400 | $24512 |
|  \* | Polaris Bay Group Co. Ltd., Class A | 43000 | 37589 |
|  | Poly Developments & Holdings Group Co. Ltd., Class A | 31800 | 36627 |
|  | Poly Property Services Co. Ltd., Class H | 61400 | 243803 |
|  | Pony Testing International Group Co. Ltd., Class A | 8800 | 8230 |
|  W | Pop Mart International Group Ltd. | 124800 | 3112667 |
|  | Porton Pharma Solutions Ltd., Class A | 8800 | 18239 |
|  W | Postal Savings Bank of China Co. Ltd., Class H | 954000 | 586502 |
|  | Pou Sheng International Holdings Ltd. | 921000 | 56413 |
|  | Power Construction Corp. of China Ltd., Class A | 119400 | 77631 |
|  \* | Powerwin Tech Group Ltd. | 36000 | 14782 |
|  | Prinx Chengshan Holdings Ltd. | 56500 | 56843 |
|  \* | Productive Technologies Co. Ltd. | 818000 | 25661 |
|  | PW Medtech Group Ltd. | 171000 | 22554 |
|  | Pylon Technologies Co. Ltd., Class A | 7722 | 43620 |
|  \* | Q Technology Group Co. Ltd. | 123000 | 103167 |
|  \* | Qi An Xin Technology Group, Inc., Class A | 8255 | 35155 |
|  | Qianhe Condiment & Food Co. Ltd., Class A | 15292 | 23707 |
|  | Qifu Technology, Inc., ADR | 48609 | 1994427 |
|  \* | Qinchuan Machine Tool & Tool Group Share Co. Ltd., Class A | 21100 | 37084 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Qingdao Citymedia Co. Ltd., Class A | 21600 | $19527 |
|  | Qingdao East Steel Tower Stock Co. Ltd., Class A | 49100 | 51392 |
|  | Qingdao Eastsoft Communication Technology Co. Ltd., Class A | 8600 | 19540 |
|  | Qingdao Gaoce Technology Co. Ltd., Class A | 13909 | 16634 |
|  | Qingdao Gon Technology Co. Ltd., Class A | 8700 | 30068 |
|  | Qingdao Haier Biomedical Co. Ltd., Class A | 7763 | 33687 |
|  | Qingdao Hanhe Cable Co. Ltd., Class A | 53333 | 23441 |
|  | Qingdao Hiron Commercial Cold Chain Co. Ltd., Class A | 13540 | 20491 |
|  | Qingdao Huicheng Environmental Technology Group Co. Ltd., Class A | 4000 | 75004 |
|  W | Qingdao Port International Co. Ltd., Class H | 302000 | 218309 |
|  | Qingdao Rural Commercial Bank Corp., Class A | 127700 | 55085 |
|  | Qingdao Sentury Tire Co. Ltd., Class A | 20720 | 52763 |
|  | Qingdao TGOOD Electric Co. Ltd., Class A | 11600 | 36959 |
|  | Qinghai Huzhu TianYouDe Highland Barley Spirit Co. Ltd., Class A | 15500 | 18931 |
|  \* | Qinghai Salt Lake Industry Co. Ltd., Class A | 29300 | 64441 |
|  | Qinhuangdao Port Co. Ltd., Class H | 257000 | 71142 |
|  \* | Qudian, Inc., Sponsored ADR | 66473 | 180807 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Queclink Wireless Solutions Co. Ltd., Class A | 14300 | $23633 |
|  | Quectel Wireless Solutions Co. Ltd., Class A | 3140 | 32556 |
|  | Quick Intelligent Equipment Co. Ltd., Class A | 6600 | 21556 |
|  #\* | Radiance Holdings Group Co. Ltd. | 65000 | 25167 |
|  | Rainbow Digital Commercial Co. Ltd., Class A | 31800 | 23377 |
|  | Range Intelligent Computing Technology Group Co. Ltd., Class A | 7600 | 50645 |
|  | Rayhoo Motor Dies Co. Ltd., Class A | 5800 | 31139 |
|  | Raytron Technology Co. Ltd., Class A | 3690 | 28413 |
|  #\*W | Red Star Macalline Group Corp. Ltd., Class H | 176268 | 30420 |
|  \*W | Redco Properties Group Ltd. | 24000 | 315 |
|  | Renhe Pharmacy Co. Ltd., Class A | 37500 | 27783 |
|  | Rianlon Corp., Class A | 9300 | 35949 |
|  | Risen Energy Co. Ltd., Class A | 29600 | 36087 |
|  | Riyue Heavy Industry Co. Ltd., Class A | 28500 | 46735 |
|  | Rizhao Port Co. Ltd., Class A | 88600 | 36629 |
|  | Rockchip Electronics Co. Ltd., Class A | 1900 | 44735 |
|  \* | RongFa Nuclear Equipment Co. Ltd., Class A | 26400 | 17272 |
|  | Rongsheng Petrochemical Co. Ltd., Class A | 64050 | 73444 |
|  \* | Roshow Technology Co. Ltd., Class A | 36600 | 35984 |
|  | Ruida Futures Co. Ltd., Class A | 9100 | 18124 |
|  | Runjian Co. Ltd., Class A | 11000 | 75898 |
|  \* | Sai Micro Electronics, Inc., Class A | 10600 | 23818 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | SAIC Motor Corp. Ltd., Class A | 38465 | $86135 |
|  | Sailun Group Co. Ltd., Class A | 24800 | 41747 |
|  | Sanan Optoelectronics Co. Ltd., Class A | 13000 | 22000 |
|  | Sangfor Technologies, Inc., Class A | 2700 | 36662 |
|  | Sanjiang Shopping Club Co. Ltd., Class A | 13400 | 21024 |
|  | Sanquan Food Co. Ltd., Class A | 22960 | 36441 |
|  \* | Sansteel Minguang Co. Ltd. Fujian, Class A | 71500 | 37138 |
|  | Sansure Biotech, Inc., Class A | 14206 | 38781 |
|  | Sanwei Holding Group Co. Ltd., Class A | 15469 | 23287 |
|  | Sany Heavy Equipment International Holdings Co. Ltd. | 455000 | 331787 |
|  | Sany Heavy Industry Co. Ltd., Class A | 33700 | 87797 |
|  | Satellite Chemical Co. Ltd., Class A | 80627 | 201568 |
|  | SDIC Capital Co. Ltd., Class A | 45800 | 43149 |
|  | SDIC Power Holdings Co. Ltd., Class A | 35400 | 73330 |
|  | Sealand Securities Co. Ltd., Class A | 69219 | 36316 |
|  \* | Seazen Group Ltd. | 848761 | 213472 |
|  \* | Seazen Holdings Co. Ltd., Class A | 19500 | 36384 |
|  | S-Enjoy Service Group Co. Ltd. | 103000 | 37186 |
|  | Seres Group Co. Ltd., Class A | 5400 | 97063 |
|  | SF Holding Co. Ltd., Class A | 55700 | 333716 |
|  | Shaanxi Beiyuan Chemical Industry Group Co. Ltd., Class A | 34670 | 20094 |
|  | Shaanxi Coal Industry Co. Ltd., Class A | 67300 | 177700 |
|  | Shaanxi Construction Engineering Group Corp. Ltd., Class A | 99600 | 53737 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Shaanxi Construction Machinery Co. Ltd., Class A | 31900 | $14546 |
|  \* | Shaanxi Heimao Coking Co. Ltd., Class A | 42000 | 16780 |
|  | Shan Xi Hua Yang Group New Energy Co. Ltd., Class A | 134550 | 121372 |
|  | Shandong Bohui Paper Industrial Co. Ltd., Class A | 35500 | 21035 |
|  | Shandong Dawn Polymer Co. Ltd., Class A | 8200 | 17568 |
|  | Shandong Denghai Seeds Co. Ltd., Class A | 13700 | 19116 |
|  \* | Shandong Dongyue Silicone Material Co. Ltd., Class A | 27500 | 27649 |
|  W | Shandong Gold Mining Co. Ltd., Class H | 161500 | 475776 |
|  | Shandong Haihua Co. Ltd., Class A | 23000 | 16846 |
|  | Shandong Head Group Co. Ltd., Class A | 6900 | 10686 |
|  | Shandong Himile Mechanical Science & Technology Co. Ltd., Class A | 15300 | 119645 |
|  | Shandong Hi-speed Co. Ltd., Class A | 12100 | 18042 |
|  | Shandong Hi-Speed Road & Bridge Group Co. Ltd., Class A | 58400 | 45035 |
|  | Shandong Hualu Hengsheng Chemical Co. Ltd., Class A | 33930 | 95277 |
|  | Shandong Huatai Paper Industry Shareholding Co. Ltd., Class A | 48700 | 22877 |
|  | Shandong Humon Smelting Co. Ltd., Class A | 22300 | 33278 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shandong Jincheng Pharmaceutical Group Co. Ltd., Class A | 17000 | $36661 |
|  | Shandong Jinjing Science & Technology Co. Ltd., Class A | 48400 | 30336 |
|  | Shandong Linglong Tyre Co. Ltd., Class A | 33395 | 65520 |
|  | Shandong Lukang Pharma, Class A | 17700 | 24133 |
|  | Shandong Pharmaceutical Glass Co. Ltd., Class A | 16900 | 51654 |
|  | Shandong Publishing & Media Co. Ltd., Class A | 29800 | 40281 |
|  | Shandong Sun Paper Industry JSC Ltd., Class A | 42700 | 82330 |
|  | Shandong Weifang Rainbow Chemical Co. Ltd., Class A | 5400 | 39128 |
|  | Shandong Weigao Group Medical Polymer Co. Ltd., Class H | 916800 | 674821 |
|  | Shandong WIT Dyne Health Co. Ltd., Class A | 4300 | 18098 |
|  | Shandong Xiantan Co. Ltd., Class A | 21200 | 17335 |
|  | Shandong Xinhua Pharmaceutical Co. Ltd., Class H | 92200 | 65246 |
|  | Shandong Yisheng Livestock & Poultry Breeding Co. Ltd., Class A | 24800 | 28267 |
|  \* | Shanghai Aerospace Automobile Electromechanical Co. Ltd., Class A | 28900 | 25552 |
|  \* | Shanghai Aiko Solar Energy Co. Ltd., Class A | 651 | 942 |
|  | Shanghai AJ Group Co. Ltd., Class A | 48900 | 30216 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai Allist Pharmaceuticals Co. Ltd., Class A | 3092 | $37214 |
|  | Shanghai AtHub Co. Ltd., Class A | 28616 | 128945 |
|  | Shanghai Bailian Group Co. Ltd., Class A | 42400 | 55876 |
|  \* | Shanghai Bairun Investment Holding Group Co. Ltd., Class A | 18300 | 65840 |
|  | Shanghai Baolong Automotive Corp., Class A | 5500 | 28372 |
|  | Shanghai Baosight Software Co. Ltd., Class A | 7404 | 27421 |
|  | Shanghai Baosteel Packaging Co. Ltd., Class A | 53700 | 35086 |
|  | Shanghai BOCHU Electronic Technology Corp. Ltd., Class A | 1186 | 31769 |
|  | Shanghai Bright Meat Group Co. Ltd., Class A | 21800 | 24347 |
|  # | Shanghai Chicmax Cosmetic Co. Ltd. | 5000 | 43137 |
|  | Shanghai Chinafortune Co. Ltd., Class A | 20100 | 37129 |
|  | Shanghai Chlor-Alkali Chemical Co. Ltd., Class A | 19400 | 24061 |
|  | Shanghai Construction Group Co. Ltd., Class A | 167228 | 55445 |
|  | Shanghai Daimay Automotive Interior Co. Ltd., Class A | 24706 | 27234 |
|  | Shanghai Datun Energy Resources Co. Ltd., Class A | 25600 | 39070 |
|  | Shanghai Dazhong Public Utilities Group Co. Ltd., Class H | 1000 | 239 |
|  \* | Shanghai Electric Group Co. Ltd., Class H | 396000 | 130123 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai Electric Power Co. Ltd., Class A | 34100 | $41965 |
|  | Shanghai Environment Group Co. Ltd., Class A | 34800 | 37691 |
|  | Shanghai Fengyuzhu Culture & Technology Co. Ltd., Class A | 12600 | 18036 |
|  | Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H | 80000 | 143871 |
|  | Shanghai Ganglian E-Commerce Holdings Co. Ltd., Class A | 5712 | 16433 |
|  | Shanghai Gentech Co. Ltd., Class A | 4575 | 23469 |
|  | Shanghai Hanbell Precise Machinery Co. Ltd., Class A | 17000 | 38839 |
|  #W | Shanghai Haohai Biological Technology Co. Ltd., Class H | 10640 | 33526 |
|  | Shanghai Huace Navigation Technology Ltd., Class A | 5600 | 32804 |
|  | Shanghai Huafon Aluminium Corp., Class A | 17300 | 40659 |
|  | Shanghai Huayi Group Co. Ltd., Class A | 47600 | 44592 |
|  | Shanghai Industrial Urban Development Group Ltd. | 569600 | 21330 |
|  | Shanghai INT Medical Instruments Co. Ltd. | 18200 | 62199 |
|  | Shanghai International Airport Co. Ltd., Class A | 4100 | 18105 |
|  | Shanghai Jahwa United Co. Ltd., Class A | 11300 | 36415 |
|  | Shanghai Jinjiang International Hotels Co. Ltd., Class A | 18300 | 60518 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai Jinqiao Export Processing Zone Development Co. Ltd., Class A | 10600 | $15268 |
|  | Shanghai Kaibao Pharmaceutical Co. Ltd., Class A | 23200 | 18799 |
|  | Shanghai Kelai Mechatronics Engineering Co. Ltd., Class A | 6400 | 15848 |
|  | Shanghai Liangxin Electrical Co. Ltd., Class A | 16600 | 19091 |
|  | Shanghai Lingang Holdings Corp. Ltd., Class A | 32000 | 40059 |
|  | Shanghai M&G Stationery, Inc., Class A | 7700 | 31155 |
|  | Shanghai Mechanical & Electrical Industry Co. Ltd., Class A | 19900 | 60840 |
|  \* | Shanghai Medicilon, Inc., Class A | 1936 | 8013 |
|  \* | Shanghai Milkground Food Tech Co. Ltd., Class A | 11600 | 41587 |
|  | Shanghai Moons' Electric Co. Ltd., Class A | 2400 | 21751 |
|  | Shanghai Pharmaceuticals Holding Co. Ltd., Class H | 173400 | 237129 |
|  | Shanghai Pioneer Holding Ltd. | 237000 | 68913 |
|  | Shanghai Pret Composites Co. Ltd., Class A | 26600 | 37934 |
|  | Shanghai Pudong Construction Co. Ltd., Class A | 21500 | 18819 |
|  | Shanghai Pudong Development Bank Co. Ltd., Class A | 132034 | 199176 |
|  | Shanghai Putailai New Energy Technology Co. Ltd., Class A | 23977 | 55500 |
|  | Shanghai QiFan Cable Co. Ltd., Class A | 12300 | 24805 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai RAAS Blood Products Co. Ltd., Class A | 48000 | $44389 |
|  | Shanghai Runda Medical Technology Co. Ltd., Class A | 12100 | 30073 |
|  | Shanghai Rural Commercial Bank Co. Ltd., Class A | 43700 | 50559 |
|  \* | Shanghai Shibei Hi-Tech Co. Ltd., Class A | 22600 | 13654 |
|  | Shanghai Shyndec Pharmaceutical Co. Ltd., Class A | 42600 | 60034 |
|  | Shanghai Sinyang Semiconductor Materials Co. Ltd., Class A | 4800 | 24851 |
|  | Shanghai Stonehill Technology Co. Ltd., Class A | 87100 | 62308 |
|  | Shanghai Tongji Science & Technology Industrial Co. Ltd., Class A | 17300 | 22551 |
|  | Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd., Class A | 19200 | 29682 |
|  | Shanghai Wanye Enterprises Co. Ltd., Class A | 14160 | 28133 |
|  | Shanghai Yaoji Technology Co. Ltd., Class A | 9800 | 36571 |
|  | Shanghai Yuyuan Tourist Mart Group Co. Ltd., Class A | 33570 | 25970 |
|  | Shanghai Zhangjiang High-Tech Park Development Co. Ltd., Class A | 8300 | 29908 |
|  | Shanghai Zhenhua Heavy Industries Co. Ltd., Class A | 62700 | 36799 |
|  \* | Shanghai Zhonggu Logistics Co. Ltd., Class A | 51000 | 75528 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai Zijiang Enterprise Group Co. Ltd., Class A | 28700 | $24798 |
|  | Shanjin International Gold Co. Ltd., Class A | 22360 | 62858 |
|  | Shannon Semiconductor Technology Co. Ltd., Class A | 4900 | 20762 |
|  | Shantui Construction Machinery Co. Ltd., Class A | 33200 | 39880 |
|  | Shanxi Blue Flame Holding Co. Ltd., Class A | 30100 | 26536 |
|  | Shanxi Coal International Energy Group Co. Ltd., Class A | 41500 | 54112 |
|  | Shanxi Coking Co. Ltd., Class A | 78560 | 37644 |
|  | Shanxi Coking Coal Energy Group Co. Ltd., Class A | 84300 | 74398 |
|  | Shanxi Hi-speed Group Co. Ltd., Class A | 37900 | 26092 |
|  \* | Shanxi Lanhua Sci-Tech Venture Co. Ltd., Class A | 42510 | 39569 |
|  | Shanxi Lu'an Environmental Energy Development Co. Ltd., Class A | 47300 | 71151 |
|  \* | Shanxi Meijin Energy Co. Ltd., Class A | 37000 | 21406 |
|  | Shanxi Securities Co. Ltd., Class A | 36060 | 28048 |
|  \* | Shanxi Taigang Stainless Steel Co. Ltd., Class A | 52400 | 25454 |
|  | Shanxi Xinghuacun Fen Wine Factory Co. Ltd., Class A | 5940 | 166956 |
|  | Sharetronic Data Technology Co. Ltd., Class A | 3000 | 43679 |
|  | Shede Spirits Co. Ltd., Class A | 6900 | 53911 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenergy Co. Ltd., Class A | 31800 | $38628 |
|  | Shengda Resources Co. Ltd., Class A | 12200 | 22786 |
|  | Shenghe Resources Holding Co. Ltd., Class A | 28400 | 41395 |
|  | Shengyi Technology Co. Ltd., Class A | 10200 | 34227 |
|  | Shenma Industry Co. Ltd., Class A | 20400 | 22567 |
|  | Shennan Circuits Co. Ltd., Class A | 3785 | 57105 |
|  W | Shenwan Hongyuan Group Co. Ltd., Class H | 277600 | 73529 |
|  \* | Shenyang Jinbei Automotive Co. Ltd., Class A | 24900 | 18411 |
|  | Shenyang Xingqi Pharmaceutical Co. Ltd., Class A | 3220 | 35635 |
|  | Shenzhen Agricultural Power Group Co. Ltd., Class A | 41200 | 35976 |
|  | Shenzhen Airport Co. Ltd., Class A | 46800 | 43643 |
|  | Shenzhen Aisidi Co. Ltd., Class A | 36600 | 58581 |
|  | Shenzhen BSC Technology Co. Ltd., Class A | 4900 | 18896 |
|  | Shenzhen Capchem Technology Co. Ltd., Class A | 5760 | 25203 |
|  | Shenzhen Center Power Tech Co. Ltd., Class A | 5700 | 11245 |
|  | Shenzhen Cereals Holdings Co. Ltd., Class A | 21100 | 19531 |
|  | Shenzhen Colibri Technologies Co. Ltd., Class A | 7300 | 15227 |
|  | Shenzhen Comix Group Co. Ltd., Class A | 13300 | 12648 |
|  | Shenzhen Das Intellitech Co. Ltd., Class A | 35900 | 15706 |
|  | Shenzhen Desay Battery Technology Co., Class A | 12728 | 37099 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  \* | Shenzhen Dynanonic Co. Ltd., Class A | 7864 | $30286 |
|  | Shenzhen Energy Group Co. Ltd., Class A | 33500 | 29526 |
|  | Shenzhen Envicool Technology Co. Ltd., Class A | 5711 | 25029 |
|  \* | Shenzhen Everwin Precision Technology Co. Ltd., Class A | 27680 | 82274 |
|  | Shenzhen Expressway Corp. Ltd., Class H | 178000 | 151307 |
|  | Shenzhen Fastprint Circuit Tech Co. Ltd., Class A | 17800 | 30699 |
|  | Shenzhen FRD Science & Technology Co. Ltd., Class A | 8400 | 22636 |
|  | Shenzhen Fuanna Bedding & Furnishing Co. Ltd., Class A | 13900 | 14883 |
|  | Shenzhen Gas Corp. Ltd., Class A | 58300 | 51217 |
|  | Shenzhen Gongjin Electronics Co. Ltd., Class A | 24700 | 31071 |
|  | Shenzhen Goodix Technology Co. Ltd., Class A | 2700 | 26104 |
|  \*W | Shenzhen Hepalink Pharmaceutical Group Co. Ltd., Class H | 69000 | 39541 |
|  | Shenzhen Hopewind Electric Co. Ltd., Class A | 18900 | 77564 |
|  | Shenzhen Inovance Technology Co. Ltd., Class A | 6600 | 64966 |
|  | Shenzhen International Holdings Ltd. | 508055 | 519758 |
|  | Shenzhen Invt Electric Co. Ltd., Class A | 26700 | 28321 |
|  | Shenzhen Jinjia Group Co. Ltd., Class A | 35900 | 17806 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen Jufei Optoelectronics Co. Ltd., Class A | 26500 | $21463 |
|  | Shenzhen Kaifa Technology Co. Ltd., Class A | 16300 | 40248 |
|  | Shenzhen Kangtai Biological Products Co. Ltd., Class A | 14900 | 27954 |
|  | Shenzhen Kedali Industry Co. Ltd., Class A | 4600 | 83416 |
|  | Shenzhen Kingkey Smart Agriculture Times Co. Ltd., Class A | 22200 | 45911 |
|  | Shenzhen Kinwong Electronic Co. Ltd., Class A | 8600 | 33079 |
|  | Shenzhen Kstar Science & Technology Co. Ltd., Class A | 6700 | 20792 |
|  | Shenzhen Laibao Hi-tech Co. Ltd., Class A | 28200 | 36769 |
|  | Shenzhen Leaguer Co. Ltd., Class A | 45100 | 51116 |
|  | Shenzhen Lifotronic Technology Co. Ltd., Class A | 10268 | 18237 |
|  | Shenzhen Megmeet Electrical Co. Ltd., Class A | 11900 | 71131 |
|  | Shenzhen Microgate Technology Co. Ltd., Class A | 11900 | 16776 |
|  | Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A | 5921 | 179074 |
|  | Shenzhen MTC Co. Ltd., Class A | 55700 | 33076 |
|  | Shenzhen New Industries Biomedical Engineering Co. Ltd., Class A | 4600 | 33183 |
|  \* | Shenzhen New Nanshan Holding Group Co. Ltd., Class A | 50400 | 17835 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen Noposin Crop Science Co. Ltd., Class A | 24100 | $31335 |
|  \* | Shenzhen Overseas Chinese Town Co. Ltd., Class A | 112906 | 36740 |
|  # | Shenzhen Pagoda Industrial Group Corp. Ltd. | 48000 | 6147 |
|  | Shenzhen Qingyi Photomask Ltd., Class A | 5756 | 21759 |
|  | Shenzhen Salubris Pharmaceuticals Co. Ltd., Class A | 5500 | 30973 |
|  | Shenzhen SC New Energy Technology Corp., Class A | 8300 | 62827 |
|  | Shenzhen SED Industry Co. Ltd., Class A | 11400 | 35445 |
|  | Shenzhen SEG Co. Ltd., Class A | 23000 | 25897 |
|  | Shenzhen Senior Technology Material Co. Ltd., Class A | 28132 | 35221 |
|  | Shenzhen Sinexcel Electric Co. Ltd., Class A | 11100 | 45431 |
|  | Shenzhen Sunlord Electronics Co. Ltd., Class A | 14100 | 54129 |
|  | Shenzhen Sunnypol Optoelectronics Co. Ltd., Class A | 4400 | 15042 |
|  | Shenzhen Suntak Circuit Technology Co. Ltd., Class A | 32600 | 45294 |
|  | Shenzhen Sunway Communication Co. Ltd., Class A | 11500 | 31621 |
|  | Shenzhen Tagen Group Co. Ltd., Class A | 50500 | 24742 |
|  | Shenzhen Topband Co. Ltd., Class A | 20900 | 40299 |
|  | Shenzhen Topway Video Communication Co. Ltd., Class A | 17500 | 19343 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen Transsion Holdings Co. Ltd., Class A | 5115 | $52872 |
|  | Shenzhen Weiguang Biological Products Co. Ltd., Class A | 8000 | 30699 |
|  | Shenzhen Woer Heat-Shrinkable Material Co. Ltd., Class A | 28383 | 71899 |
|  | Shenzhen Yan Tian Port Holding Co. Ltd., Class A | 34300 | 21395 |
|  | Shenzhen Yinghe Technology Co. Ltd., Class A | 12800 | 29080 |
|  | Shenzhen YUTO Packaging Technology Co. Ltd., Class A | 14100 | 40236 |
|  | Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd., Class A | 78200 | 48059 |
|  | Shenzhou International Group Holdings Ltd. | 241100 | 1671233 |
|  | Shida Shinghwa Advanced Material Group Co. Ltd., Class A | 5300 | 25018 |
|  | Shijiazhuang Yiling Pharmaceutical Co. Ltd., Class A | 9800 | 18545 |
|  | Shinva Medical Instrument Co. Ltd., Class A | 13260 | 26855 |
|  †† | Shouhang High-Tech Energy Co. Ltd., Class A | 58700 | 566 |
|  | Shuangliang Eco-Energy Systems Co. Ltd., Class A | 61400 | 37096 |
|  | Shui On Land Ltd. | 1238000 | 105230 |
|  | Sichuan Changhong Electric Co. Ltd., Class A | 41000 | 59305 |
|  | Sichuan Chengfei Integration Technology Corp., Class A | 7200 | 16476 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sichuan Chuantou Energy Co. Ltd., Class A | 13700 | $32039 |
|  | Sichuan Development Lomon Co. Ltd., Class A | 12200 | 18521 |
|  | Sichuan EM Technology Co. Ltd., Class A | 25000 | 31001 |
|  | Sichuan Expressway Co. Ltd., Class H | 138000 | 76952 |
|  | Sichuan Furong Technology Co. Ltd., Class A | 12320 | 18937 |
|  | Sichuan Haite High-tech Co. Ltd., Class A | 23100 | 29375 |
|  | Sichuan Hebang Biotechnology Co. Ltd., Class A | 207700 | 48353 |
|  | Sichuan Hexie Shuangma Co. Ltd., Class A | 19600 | 42373 |
|  \* | Sichuan Hongda Co. Ltd., Class A | 21100 | 19339 |
|  | Sichuan Injet Electric Co. Ltd., Class A | 3900 | 21474 |
|  | Sichuan Jiuyuan Yinhai Software Co. Ltd., Class A | 3510 | 8571 |
|  | Sichuan Kelun Pharmaceutical Co. Ltd., Class A | 18819 | 93884 |
|  \* | Sichuan Lutianhua Co. Ltd., Class A | 47700 | 31748 |
|  | Sichuan New Energy Power Co. Ltd., Class A | 29900 | 42083 |
|  | Sichuan Road & Bridge Group Co. Ltd., Class A | 72600 | 86833 |
|  | Sichuan Swellfun Co. Ltd., Class A | 7100 | 44526 |
|  | Sichuan Teway Food Group Co. Ltd., Class A | 15600 | 24099 |
|  | Sichuan Yahua Industrial Group Co. Ltd., Class A | 19900 | 30652 |
|  | Sieyuan Electric Co. Ltd., Class A | 6700 | 66460 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sihuan Pharmaceutical Holdings Group Ltd. | 943000 | $87475 |
|  | Sineng Electric Co. Ltd., Class A | 3000 | 11535 |
|  | Sino Biopharmaceutical Ltd. | 3497250 | 1756316 |
|  | Sinocare, Inc., Class A | 5900 | 16777 |
|  \* | Sinochem International Corp., Class A | 74300 | 36651 |
|  | Sinofert Holdings Ltd. | 910000 | 137396 |
|  | Sinofibers Technology Co. Ltd., Class A | 6000 | 29336 |
|  | Sinolink Securities Co. Ltd., Class A | 26600 | 29767 |
|  | Sinoma International Engineering Co., Class A | 56100 | 70815 |
|  | Sinoma Science & Technology Co. Ltd., Class A | 22750 | 43033 |
|  | Sinomach Automobile Co. Ltd., Class A | 35400 | 30862 |
|  \* | Sinomach Heavy Equipment Group Co. Ltd., Class A | 59800 | 23223 |
|  | Sinomach Precision Industry Group Co. Ltd., Class A | 9500 | 20086 |
|  | Sinomine Resource Group Co. Ltd., Class A | 8520 | 34135 |
|  | Sinopec Engineering Group Co. Ltd., Class H | 563500 | 400968 |
|  | Sinopec Kantons Holdings Ltd. | 388000 | 218473 |
|  \* | Sinopec Oilfield Equipment Corp., Class A | 29400 | 24173 |
|  \* | Sinopec Oilfield Service Corp., Class H | 954000 | 72517 |
|  \* | Sinopec Shanghai Petrochemical Co. Ltd., Class H | 998000 | 147818 |
|  | Sinopep-Allsino Bio Pharmaceutical Co. Ltd., Class A | 2971 | 21705 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sinopharm Group Co. Ltd., Class H | 515600 | $1215139 |
|  | Sino-Platinum Metals Co. Ltd., Class A | 20919 | 37987 |
|  | Sinoseal Holding Co. Ltd., Class A | 2800 | 13912 |
|  | Sinosoft Co. Ltd., Class A | 13860 | 36451 |
|  | Sinosteel Engineering & Technology Co. Ltd., Class A | 37900 | 33652 |
|  | Sinosteel New Materials Co. Ltd., Class A | 24200 | 26029 |
|  \* | Sino-Synergy Hydrogen Energy Technology Jiaxing Co. Ltd. | 2500 | 2754 |
|  | Sinotrans Ltd., Class H | 730000 | 317259 |
|  | Sinotruk Jinan Truck Co. Ltd., Class A | 13400 | 31347 |
|  | Skshu Paint Co. Ltd., Class A | 1400 | 9335 |
|  | Skyworth Digital Co. Ltd., Class A | 21087 | 32552 |
|  # | Skyworth Group Ltd. | 416825 | 159979 |
|  W | Smoore International Holdings Ltd. | 157000 | 271738 |
|  | Snowsky Salt Industry Group Co. Ltd., Class A | 42600 | 29266 |
|  #\* | SOHO China Ltd. | 884500 | 61538 |
|  | Sokan New Materials Group Co. Ltd., Class A | 3209 | 17682 |
|  | Songcheng Performance Development Co. Ltd., Class A | 16000 | 20593 |
|  | Sonoscape Medical Corp., Class A | 4600 | 19654 |
|  | SooChow Securities Co. Ltd., Class A | 38420 | 41353 |
|  \* | South Manganese Investment Ltd. | 460000 | 15984 |
|  | Southern Publishing & Media Co. Ltd., Class A | 25700 | 58394 |
|  | Southwest Securities Co. Ltd., Class A | 71900 | 40772 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | SPIC Industry-Finance Holdings Co. Ltd., Class A | 33200 | $29286 |
|  | Spring Airlines Co. Ltd., Class A | 7600 | 56071 |
|  | SSY Group Ltd. | 765026 | 290319 |
|  | Stanley Agricultural Group Co. Ltd., Class A | 26700 | 30840 |
|  | Star Lake Bioscience Co., Inc. Zhaoqing Guangdong, Class A | 47400 | 49340 |
|  | StarPower Semiconductor Ltd., Class A | 1800 | 20435 |
|  | State Grid Information & Communication Co. Ltd., Class A | 10100 | 25165 |
|  | State Grid Yingda Co. Ltd., Class A | 43200 | 28858 |
|  | STO Express Co. Ltd., Class A | 36200 | 53270 |
|  | Sumavision Technologies Co. Ltd., Class A | 15900 | 11529 |
|  | Sumec Corp. Ltd., Class A | 38000 | 49505 |
|  \* | Sun King Technology Group Ltd. | 370000 | 52934 |
|  | Sunflower Pharmaceutical Group Co. Ltd., Class A | 16400 | 35442 |
|  | Sungrow Power Supply Co. Ltd., Class A | 8260 | 68962 |
|  | Suning Universal Co. Ltd., Class A | 97900 | 29121 |
|  | Sunny Optical Technology Group Co. Ltd. | 138500 | 1165374 |
|  | Sunresin New Materials Co. Ltd., Class A | 5064 | 30332 |
|  | Sunrise Group Co. Ltd., Class A | 25800 | 19202 |
|  \* | Sunstone Development Co. Ltd., Class A | 24000 | 57449 |
|  | Sunward Intelligent Equipment Co. Ltd., Class A | 35600 | 34291 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sunwoda Electronic Co. Ltd., Class A | 14382 | $37613 |
|  | Suofeiya Home Collection Co. Ltd., Class A | 11900 | 24957 |
|  | SUPCON Technology Co. Ltd., Class A | 4279 | 27821 |
|  | Suzhou Anjie Technology Co. Ltd., Class A | 14500 | 25696 |
|  | Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A | 33200 | 118146 |
|  | Suzhou Gold Mantis Construction Decoration Co. Ltd., Class A | 62300 | 29756 |
|  | Suzhou Good-Ark Electronics Co. Ltd., Class A | 12600 | 15876 |
|  | Suzhou Maxwell Technologies Co. Ltd., Class A | 2300 | 22054 |
|  \* | Suzhou Secote Precision Electronic Co. Ltd., Class A | 5600 | 33372 |
|  | Suzhou SLAC Precision Equipment Co. Ltd., Class A | 10000 | 18468 |
|  | Suzhou Sushi Testing Group Co. Ltd., Class A | 11600 | 25052 |
|  | Suzhou TFC Optical Communication Co. Ltd., Class A | 4900 | 47076 |
|  # | SY Holdings Group Ltd. | 118000 | 197247 |
|  | Symphony Holdings Ltd. | 450000 | 47463 |
|  | SYoung Group Co. Ltd., Class A | 8100 | 14112 |
|  | Taiji Computer Corp. Ltd., Class A | 15519 | 51509 |
|  \* | Taiyuan Heavy Industry Co. Ltd., Class A | 71100 | 23018 |
|  \* | Tangrenshen Group Co. Ltd., Class A | 38200 | 25473 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  \* | Tangshan Jidong Cement Co. Ltd., Class A | 66308 | $43242 |
|  | TangShan Port Group Co. Ltd., Class A | 100337 | 55432 |
|  | Tangshan Sanyou Chemical Industries Co. Ltd., Class A | 53000 | 35452 |
|  | Tasly Pharmaceutical Group Co. Ltd., Class A | 14300 | 29971 |
|  | Tayho Advanced Materials Group Co. Ltd., Class A | 20300 | 28578 |
|  | TBEA Co. Ltd., Class A | 43150 | 68512 |
|  | TCL Electronics Holdings Ltd. | 364666 | 460645 |
|  | TCL Technology Group Corp., Class A | 167500 | 95593 |
|  | TCL Zhonghuan Renewable Energy Technology Co. Ltd., Class A | 45175 | 47660 |
|  | TDG Holdings Co. Ltd., Class A | 44400 | 39786 |
|  | Telling Telecommunication Holding Co. Ltd., Class A | 9300 | 12418 |
|  | Tencent Holdings Ltd. | 420100 | 25731521 |
|  | Tencent Music Entertainment Group, ADR | 105403 | 1414508 |
|  | Three Squirrels, Inc., Class A | 13400 | 49332 |
|  | Three's Co. Media Group Co. Ltd., Class A | 9327 | 35583 |
|  | Thunder Software Technology Co. Ltd., Class A | 1190 | 9159 |
|  | Tian Di Science & Technology Co. Ltd., Class A | 67200 | 57344 |
|  | Tian Lun Gas Holdings Ltd. | 35500 | 11986 |
|  | Tiande Chemical Holdings Ltd. | 68000 | 9431 |
|  | Tiangong International Co. Ltd. | 390000 | 105959 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Tianjin 712 Communication & Broadcasting Co. Ltd., Class A | 9000 | $22845 |
|  | Tianjin Capital Environmental Protection Group Co. Ltd., Class H | 94000 | 38586 |
|  | Tianjin Chase Sun Pharmaceutical Co. Ltd., Class A | 78900 | 36772 |
|  | Tianjin Port Co. Ltd., Class A | 65600 | 39954 |
|  | Tianjin Port Development Holdings Ltd. | 802000 | 62964 |
|  | Tianjin Ringpu Bio-Technology Co. Ltd., Class A | 17400 | 48903 |
|  | Tianjin Teda Co. Ltd., Class A | 34500 | 17527 |
|  \* | Tianma Microelectronics Co. Ltd., Class A | 52000 | 57133 |
|  | Tianneng Battery Group Co. Ltd., Class A | 7253 | 25919 |
|  # | Tianneng Power International Ltd. | 262000 | 218102 |
|  | Tianqi Lithium Corp., Class H | 42800 | 127230 |
|  | Tianrun Industry Technology Co. Ltd., Class A | 31800 | 27044 |
|  | Tianshan Aluminum Group Co. Ltd., Class A | 91100 | 93460 |
|  | TianShan Material Co. Ltd., Class A | 27200 | 18377 |
|  | Tianshui Huatian Technology Co. Ltd., Class A | 31900 | 40748 |
|  | Tibet Cheezheng Tibetan Medicine Co. Ltd., Class A | 5300 | 17362 |
|  | Tibet Mineral Development Co. Ltd., Class A | 7100 | 18123 |
|  | Tibet Rhodiola Pharmaceutical Holding Co., Class A | 8580 | 41938 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  \* | Tibet Water Resources Ltd. | 405000 | $15870 |
|  | Time Interconnect Technology Ltd. | 224000 | 117580 |
|  | Tingyi Cayman Islands Holding Corp. | 608000 | 1098249 |
|  | Titan Wind Energy Suzhou Co. Ltd., Class A | 41700 | 36928 |
|  | TKD Science & Technology Co. Ltd., Class A | 12400 | 23029 |
|  | Tofflon Science & Technology Group Co. Ltd., Class A | 17300 | 28020 |
|  | Toly Bread Co. Ltd., Class A | 43431 | 32479 |
|  | Tomson Group Ltd. | 11936 | 4130 |
|  | Tong Ren Tang Technologies Co. Ltd., Class H | 228000 | 139096 |
|  | Tongcheng Travel Holdings Ltd. | 410000 | 1075437 |
|  | Tongdao Liepin Group | 33400 | 15643 |
|  | TongFu Microelectronics Co. Ltd., Class A | 15500 | 54674 |
|  | Tonghua Dongbao Pharmaceutical Co. Ltd., Class A | 39500 | 39325 |
|  | Tongkun Group Co. Ltd., Class A | 23600 | 35362 |
|  | Tongling Jingda Special Magnet Wire Co. Ltd., Class A | 43400 | 40107 |
|  | Tongling Nonferrous Metals Group Co. Ltd., Class A | 153150 | 66699 |
|  | Tongwei Co. Ltd., Class A | 31488 | 70733 |
|  | Tongyu Heavy Industry Co. Ltd., Class A | 80400 | 27011 |
|  | Topchoice Medical Corp., Class A | 5462 | 30229 |
|  | Topsec Technologies Group, Inc., Class A | 32900 | 32754 |
|  W | Topsports International Holdings Ltd. | 761000 | 302541 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Towngas Smart Energy Co. Ltd. | 240564 | $108399 |
|  \* | TPV Technology Co. Ltd., Class A | 145100 | 46140 |
|  | Transfar Zhilian Co. Ltd., Class A | 55900 | 40411 |
|  | TravelSky Technology Ltd., Class H | 234000 | 325742 |
|  | Triangle Tyre Co. Ltd., Class A | 20900 | 38977 |
|  | Trina Solar Co. Ltd., Class A | 28651 | 51714 |
|  | Trip.com Group Ltd. (9961 HK) | 48950 | 2948787 |
|  | Trip.com Group Ltd. (TCOM US), ADR | 4100 | 241859 |
|  #\* | Triumph New Energy Co. Ltd., Class H | 62000 | 27449 |
|  | Triumph Science & Technology Co. Ltd., Class A | 17500 | 25775 |
|  | Truking Technology Ltd., Class A | 19000 | 19552 |
|  | Truly International Holdings Ltd. | 596000 | 73168 |
|  \* | Tsinghua Tongfang Co. Ltd., Class A | 33600 | 32238 |
|  | Tsingtao Brewery Co. Ltd., Class H | 158000 | 1116503 |
|  | TSP Wind Power Group Co. Ltd. | 23500 | 20556 |
|  †† | Tunghsu Optoelectronic Technology Co. Ltd., Class A | 114400 | 4410 |
|  | Tuniu Corp., Sponsored ADR | 18660 | 17080 |
|  | Unilumin Group Co. Ltd., Class A | 33796 | 32319 |
|  | Uni-President China Holdings Ltd. | 474000 | 568698 |
|  | Unisplendour Corp. Ltd., Class A | 13200 | 45839 |
|  | Universal Scientific Industrial Shanghai Co. Ltd., Class A | 23800 | 45453 |
|  \* | UTour Group Co. Ltd., Class A | 26900 | 29530 |
|  | V V Food & Beverage Co. Ltd., Class A | 43600 | 21073 |
|  | Valiant Co. Ltd., Class A | 20600 | 30963 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Vats Liquor Chain Store Management JSC Ltd. (300755 C2), Class A | 2900 | $6989 |
|  | Vats Liquor Chain Store Management JSC Ltd. (300755 CH), Class A | 5100 | 12291 |
|  | Vatti Corp. Ltd., Class A | 23800 | 21210 |
|  \*W | Venus MedTech Hangzhou, Inc., Class H | 87000 | 28605 |
|  | Victory Giant Technology Huizhou Co. Ltd., Class A | 19700 | 200804 |
|  | Vipshop Holdings Ltd., ADR | 133611 | 1819782 |
|  \* | Visionox Technology, Inc., Class A | 49000 | 57757 |
|  \*W | Viva Biotech Holdings  | 484000 | 91721 |
|  #\* | Vnet Group, Inc., ADR | 14288 | 89872 |
|  | Walvax Biotechnology Co. Ltd., Class A | 13300 | 18344 |
|  \* | Wanda Film Holding Co. Ltd., Class A | 17800 | 27597 |
|  | Wangneng Environment Co. Ltd., Class A | 12800 | 31464 |
|  | Wangsu Science & Technology Co. Ltd., Class A | 22500 | 36353 |
|  # | Wanguo Gold Group Ltd. | 82000 | 241148 |
|  | Wanhua Chemical Group Co. Ltd., Class A | 31100 | 233321 |
|  | Want Want China Holdings Ltd. | 1696000 | 1109886 |
|  | Wanxiang Qianchao Co. Ltd., Class A | 35900 | 32166 |
|  | Warom Technology, Inc. Co., Class A | 7100 | 20090 |
|  | Wasion Holdings Ltd. | 212000 | 219315 |
|  | Wasu Media Holding Co. Ltd., Class A | 48500 | 51475 |
|  | Weibo Corp. (9898 HK), Class A | 2800 | 23142 |
|  # | Weibo Corp. (WB US), Sponsored ADR | 20577 | 166674 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Weichai Power Co. Ltd., Class H | 583000 | $1137375 |
|  | Weifu High-Technology Group Co. Ltd., Class A | 15900 | 42748 |
|  | Weihai Guangtai Airport Equipment Co. Ltd., Class A | 14900 | 19261 |
|  | Weihai Guangwei Composites Co. Ltd., Class A | 6960 | 27854 |
|  | Weilong Delicious Global Holdings Ltd. | 104200 | 219770 |
|  \*W | Weimob, Inc. | 50000 | 10772 |
|  \* | Wellhope Foods Co. Ltd., Class A | 19600 | 22543 |
|  | Wencan Group Co. Ltd., Class A | 9300 | 26159 |
|  | Wens Foodstuff Group Co. Ltd., Class A | 28200 | 65810 |
|  | Wenzhou Yihua Connector Co. Ltd., Class A | 4700 | 26659 |
|  # | West China Cement Ltd. | 784000 | 157487 |
|  | Western Metal Materials Co. Ltd., Class A | 12100 | 30702 |
|  | Western Mining Co. Ltd., Class A | 31700 | 67251 |
|  \* | Western Region Gold Co. Ltd., Class A | 15600 | 34792 |
|  | Western Securities Co. Ltd., Class A | 46800 | 48550 |
|  | Western Superconducting Technologies Co. Ltd., Class A | 4368 | 28255 |
|  | Will Semiconductor Co. Ltd. Shanghai, Class A | 3000 | 54492 |
|  | Willfar Information Technology Co. Ltd., Class A | 3260 | 16143 |
|  | Winall Hi-Tech Seed Co. Ltd., Class A | 16600 | 21010 |
|  | Windey Energy Technology Group Co. Ltd., Class A | 24290 | 35166 |
|  | Wingtech Technology Co. Ltd., Class A | 7700 | 36982 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Winner Medical Co. Ltd., Class A | 9300 | $66907 |
|  | Winning Health Technology Group Co. Ltd., Class A | 24900 | 35084 |
|  | Wolong Electric Group Co. Ltd., Class A | 22300 | 78826 |
|  \* | World Union Group, Inc., Class A | 62600 | 19249 |
|  | Wuchan Zhongda Group Co. Ltd., Class A | 70600 | 49456 |
|  | Wuhan Dr. Laser Technology Corp. Ltd., Class A | 2600 | 20649 |
|  | Wuhan Fingu Electronic Technology Co. Ltd., Class A | 12800 | 21184 |
|  | Wuhan Raycus Fiber Laser Technologies Co. Ltd., Class A | 6000 | 14761 |
|  | Wuhu Token Science Co. Ltd., Class A | 56700 | 44367 |
|  | Wuliangye Yibin Co. Ltd., Class A | 23900 | 423581 |
|  | WUS Printed Circuit Kunshan Co. Ltd., Class A | 5300 | 20506 |
|  | Wushang Group Co. Ltd., Class A | 15200 | 19485 |
|  #W | WuXi AppTec Co. Ltd., Class H | 47139 | 364318 |
|  | Wuxi Autowell Technology Co. Ltd., Class A | 3745 | 17063 |
|  | Wuxi Best Precision Machinery Co. Ltd., Class A | 12500 | 47906 |
|  \*W | Wuxi Biologics Cayman, Inc. | 743000 | 2157990 |
|  | Wuxi Boton Technology Co. Ltd., Class A | 6600 | 20855 |
|  | Wuxi Huaguang Environment & Energy Group Co. Ltd., Class A | 28200 | 35458 |
|  | Wuxi NCE Power Co. Ltd., Class A | 6440 | 27459 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Wuxi Paike New Materials Technology Co. Ltd., Class A | 3200 | $24440 |
|  | Wuxi Rural Commercial Bank Co. Ltd., Class A | 43600 | 33221 |
|  | Wuxi Taiji Industry Ltd. Co., Class A | 58300 | 50822 |
|  | Wuxi Xinje Electric Co. Ltd., Class A | 3000 | 21263 |
|  | XCMG Construction Machinery Co. Ltd., Class A | 97300 | 118120 |
|  | XGD, Inc., Class A | 19100 | 58111 |
|  W | Xiabuxiabu Catering Management China Holdings Co. Ltd. | 395000 | 36881 |
|  | Xiamen Amoytop Biotech Co. Ltd., Class A | 3449 | 35332 |
|  | Xiamen Bank Co. Ltd., Class A | 73700 | 58485 |
|  | Xiamen C & D, Inc., Class A | 29400 | 42170 |
|  | Xiamen Changelight Co. Ltd., Class A | 23300 | 34047 |
|  | Xiamen Faratronic Co. Ltd., Class A | 4100 | 58763 |
|  | Xiamen Intretech, Inc., Class A | 21020 | 44276 |
|  | Xiamen ITG Group Corp. Ltd., Class A | 48620 | 41980 |
|  | Xiamen Jihong Technology Co. Ltd., Class A | 16700 | 31663 |
|  | Xiamen Kingdomway Group Co., Class A | 12523 | 27350 |
|  | Xiamen Tungsten Co. Ltd., Class A | 33400 | 84370 |
|  | Xiamen Xiangyu Co. Ltd., Class A | 73200 | 65334 |
|  | Xi'an Bright Laser Technologies Co. Ltd., Class A | 3157 | 29508 |
|  | Xi'an Manareco New Materials Co. Ltd., Class A | 4416 | 23202 |
|  | Xi'An Shaangu Power Co. Ltd., Class A | 34300 | 39163 |
|  | Xi'an Triangle Defense Co. Ltd., Class A | 9400 | 32072 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Xiandai Investment Co. Ltd., Class A | 58000 | $31623 |
|  | Xiangcai Co. Ltd., Class A | 34400 | 36783 |
|  \* | Xiangtan Electric Manufacturing Co. Ltd., Class A | 12400 | 16917 |
|  | Xiangtan Electrochemical Scientific Co. Ltd., Class A | 18500 | 25063 |
|  | Xianhe Co. Ltd., Class A | 15000 | 43407 |
|  \*W | Xiaomi Corp., Class B | 359400 | 2300950 |
|  | Xilinmen Furniture Co. Ltd., Class A | 8700 | 18335 |
|  | Xinfengming Group Co. Ltd., Class A | 40600 | 60320 |
|  | Xingfa Aluminium Holdings Ltd. | 55000 | 54362 |
|  | Xinhua Winshare Publishing & Media Co. Ltd., Class H | 129000 | 186736 |
|  | Xinhuanet Co. Ltd., Class A | 8300 | 25571 |
|  | Xinjiang Communications Construction Group Co. Ltd., Class A | 26300 | 40014 |
|  | Xinjiang Joinworld Co. Ltd., Class A | 30300 | 27794 |
|  | Xinjiang Qingsong Building Materials & Chemicals Group Co. Ltd., Class A | 50900 | 26112 |
|  | Xinjiang Xintai Natural Gas Co. Ltd., Class A | 11280 | 43115 |
|  | Xinjiang Xinxin Mining Industry Co. Ltd., Class H | 288000 | 33724 |
|  | Xinjiang Xuefeng Sci-Tech Group Co. Ltd., Class A | 20300 | 27153 |
|  #\* | Xinte Energy Co. Ltd., Class H | 142400 | 81318 |
|  | Xinxiang Chemical Fiber Co. Ltd., Class A | 39900 | 21412 |
|  | Xinxiang Richful Lube Additive Co. Ltd., Class A | 4940 | 42041 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Xinxing Ductile Iron Pipes Co. Ltd., Class A | 103000 | $47770 |
|  # | Xinyi Energy Holdings Ltd. | 917737 | 108678 |
|  # | Xinyi Solar Holdings Ltd. | 1762273 | 586062 |
|  | Xinyu Iron & Steel Co. Ltd., Class A | 95802 | 53330 |
|  | Xinzhi Group Co. Ltd., Class A | 7900 | 18754 |
|  \* | Xizang Zhufeng Resources Co. Ltd., Class A | 13500 | 17407 |
|  | Xizi Clean Energy Equipment Manufacturing Co. Ltd., Class A | 12100 | 18065 |
|  \* | XPeng, Inc., Class A | 138700 | 1291160 |
|  # | Xtep International Holdings Ltd. | 533138 | 363574 |
|  | Xuji Electric Co. Ltd., Class A | 11600 | 33934 |
|  #\* | Xunlei Ltd., ADR | 27524 | 116151 |
|  W | Yadea Group Holdings Ltd. | 457501 | 825723 |
|  | Yangling Metron New Material, Inc., Class A | 12920 | 33537 |
|  W | Yangtze Optical Fibre & Cable Joint Stock Co. Ltd., Class H | 36500 | 64386 |
|  | Yangzhou Yangjie Electronic Technology Co. Ltd., Class A | 5300 | 35353 |
|  | Yankershop Food Co. Ltd., Class A | 7560 | 93501 |
|  # | Yankuang Energy Group Co. Ltd., Class H | 1134900 | 1185315 |
|  | Yantai Changyu Pioneer Wine Co. Ltd., Class A | 9500 | 29560 |
|  | Yantai China Pet Foods Co. Ltd., Class A | 6800 | 52860 |
|  | Yantai Dongcheng Pharmaceutical Co. Ltd., Class A | 12900 | 26571 |
|  | Yantai Eddie Precision Machinery Co. Ltd., Class A | 17300 | 44727 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Yantai Jereh Oilfield Services Group Co. Ltd., Class A | 17900 | $77417 |
|  | YanTai Shuangta Food Co. Ltd., Class A | 35700 | 26159 |
|  | Yantai Zhenghai Magnetic Material Co. Ltd., Class A | 12800 | 21863 |
|  \* | Yatsen Holding Ltd., ADR | 18246 | 78093 |
|  #\* | Yeahka Ltd. | 35600 | 35610 |
|  | Yealink Network Technology Corp. Ltd., Class A | 5980 | 27351 |
|  | Yechiu Metal Recycling China Ltd., Class A | 72100 | 23716 |
|  | Yeebo International Holdings Ltd. | 76000 | 15865 |
|  | YGSOFT, Inc., Class A | 22752 | 17849 |
|  | Yibin Tianyuan Group Co. Ltd., Class A | 18531 | 11195 |
|  #\*W | YiChang HEC ChangJiang Pharmaceutical Co. Ltd., Class H | 121200 | 194372 |
|  | Yifan Pharmaceutical Co. Ltd., Class A | 14700 | 22963 |
|  | Yifeng Pharmacy Chain Co. Ltd., Class A | 25796 | 100589 |
|  # | Yihai International Holding Ltd. | 199000 | 343035 |
|  | Yindu Kitchen Equipment Co. Ltd., Class A | 6700 | 20290 |
|  | Yiren Digital Ltd., Sponsored ADR | 30385 | 198718 |
|  #W | Yixin Group Ltd. | 685500 | 188316 |
|  | Yixintang Pharmaceutical Group Co. Ltd., Class A | 12900 | 25194 |
|  | Yizumi Holdings Co. Ltd., Class A | 15200 | 42935 |
|  | Yonfer Agricultural Technology Co. Ltd., Class A | 33700 | 62963 |
|  \* | Yonghui Superstores Co. Ltd., Class A | 71500 | 50352 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Yongjin Technology Group Co. Ltd. | 7800 | $17492 |
|  | YongXing Special Materials Technology Co. Ltd., Class A | 12550 | 52984 |
|  \* | Yonyou Network Technology Co. Ltd., Class A | 4300 | 8734 |
|  | Yotrio Group Co. Ltd., Class A | 69200 | 33212 |
|  | Youcare Pharmaceutical Group Co. Ltd., Class A | 8600 | 19550 |
|  | Youngor Fashion Co. Ltd., Class A | 66020 | 68131 |
|  | Youngy Co. Ltd., Class A | 2300 | 8604 |
|  | Youzu Interactive Co. Ltd., Class A | 35700 | 46321 |
|  | YTO Express Group Co. Ltd., Class A | 45800 | 82612 |
|  | Yuan Longping High-tech Agriculture Co. Ltd., Class A | 12000 | 16696 |
|  | Yuexiu Transport Infrastructure Ltd. | 154000 | 68199 |
|  \* | Yueyang Forest & Paper Co. Ltd., Class A | 32100 | 18942 |
|  | YUNDA Holding Group Co. Ltd., Class A | 52010 | 48637 |
|  | Yunnan Aluminium Co. Ltd., Class A | 64800 | 135773 |
|  | Yunnan Baiyao Group Co. Ltd., Class A | 4900 | 38633 |
|  | Yunnan Chihong Zinc&Germanium Co. Ltd., Class A | 85300 | 59679 |
|  | Yunnan Copper Co. Ltd., Class A | 41200 | 66100 |
|  | Yunnan Energy Investment Co. Ltd., Class A | 32600 | 48913 |
|  | Yunnan Energy New Material Co. Ltd., Class A | 12400 | 47354 |
|  | Yunnan Tin Co. Ltd., Class A | 46900 | 89324 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Yunnan Yuntianhua Co. Ltd., Class A | 14000 | $43062 |
|  | Yusys Technologies Co. Ltd., Class A | 17600 | 58395 |
|  | Yutong Bus Co. Ltd., Class A | 21740 | 80339 |
|  | ZBOM Home Collection Co. Ltd., Class A | 15356 | 23087 |
|  | Zengame Technology Holding Ltd. | 116000 | 33824 |
|  | Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A | 2800 | 79090 |
|  | Zhaojin Mining Industry Co. Ltd., Class H | 319000 | 759968 |
|  | Zhefu Holding Group Co. Ltd., Class A | 129500 | 56101 |
|  | Zhejiang Asia-Pacific Mechanical & Electronic Co. Ltd., Class A | 22500 | 34069 |
|  | Zhejiang Ausun Pharmaceutical Co. Ltd., Class A | 21500 | 23198 |
|  \* | Zhejiang Century Huatong Group Co. Ltd., Class A | 31680 | 32404 |
|  | Zhejiang Cfmoto Power Co. Ltd., Class A | 1600 | 36602 |
|  | Zhejiang Changsheng Sliding Bearings Co. Ltd., Class A | 1600 | 17642 |
|  | Zhejiang China Commodities City Group Co. Ltd., Class A | 40000 | 84347 |
|  | Zhejiang Chint Electrics Co. Ltd., Class A | 20002 | 61409 |
|  | Zhejiang Communications Technology Co. Ltd., Class A | 82620 | 43776 |
|  | Zhejiang Conba Pharmaceutical Co. Ltd., Class A | 47500 | 28731 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang Crystal-Optech Co. Ltd., Class A | 9400 | $25475 |
|  | Zhejiang Dahua Technology Co. Ltd., Class A | 21744 | 47171 |
|  | Zhejiang Daily Digital Culture Group Co. Ltd., Class A | 25100 | 48601 |
|  | Zhejiang Dingli Machinery Co. Ltd., Class A | 5880 | 35187 |
|  \* | Zhejiang Dun'An Artificial Environment Co. Ltd., Class A | 24700 | 38436 |
|  | Zhejiang Expressway Co. Ltd., Class H | 345240 | 284559 |
|  | Zhejiang Garden Biopharmaceutical Co. Ltd., Class A | 8900 | 18576 |
|  | Zhejiang Guyuelongshan Shaoxing Wine Co. Ltd., Class A | 36400 | 44299 |
|  | Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co. Ltd. | 37996 | 58907 |
|  | Zhejiang Hailiang Co. Ltd., Class A | 40100 | 52751 |
|  | Zhejiang Hailide New Material Co. Ltd., Class A | 35500 | 24012 |
|  | Zhejiang HangKe Technology, Inc. Co., Class A | 13537 | 31845 |
|  | Zhejiang Hangmin Co. Ltd., Class A | 41300 | 40236 |
|  \* | Zhejiang Hisoar Pharmaceutical Co. Ltd., Class A | 35400 | 24305 |
|  \* | Zhejiang Hisun Pharmaceutical Co. Ltd., Class A | 38500 | 46999 |
|  | Zhejiang Huace Film & Television Co. Ltd., Class A | 30900 | 30627 |
|  | Zhejiang Huahai Pharmaceutical Co. Ltd., Class A | 23500 | 46456 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang Huangma Technology Co. Ltd., Class A | 14500 | $24149 |
|  \* | Zhejiang Huatong Meat Products Co. Ltd., Class A | 13500 | 19936 |
|  | Zhejiang Huayou Cobalt Co. Ltd., Class A | 16980 | 79212 |
|  | Zhejiang Jiahua Energy Chemical Industry Co. Ltd., Class A | 38900 | 45784 |
|  | Zhejiang Jiecang Linear Motion Technology Co. Ltd., Class A | 11200 | 66150 |
|  | Zhejiang Jiemei Electronic & Technology Co. Ltd., Class A | 14600 | 36392 |
|  | Zhejiang Jinggong Integration Technology Co. Ltd., Class A | 5800 | 13766 |
|  | Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A | 13500 | 51018 |
|  | Zhejiang Jingu Co. Ltd., Class A | 27500 | 52258 |
|  | Zhejiang Jingxin Pharmaceutical Co. Ltd., Class A | 25160 | 47311 |
|  | Zhejiang JIULI Hi-tech Metals Co. Ltd., Class A | 18400 | 59298 |
|  | Zhejiang Jiuzhou Pharmaceutical Co. Ltd., Class A | 21000 | 39702 |
|  | Zhejiang Jolly Pharmaceutical Co. Ltd., Class A | 10900 | 23536 |
|  | Zhejiang Juhua Co. Ltd., Class A | 6300 | 22102 |
|  | Zhejiang Lante Optics Co. Ltd., Class A | 9195 | 30216 |
|  | Zhejiang Longsheng Group Co. Ltd., Class A | 34600 | 46764 |
|  | Zhejiang Medicine Co. Ltd., Class A | 26043 | 47782 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang Meida Industrial Co. Ltd., Class A | 29900 | $29403 |
|  | Zhejiang Narada Power Source Co. Ltd., Class A | 10300 | 19997 |
|  | Zhejiang NHU Co. Ltd., Class A | 22076 | 67231 |
|  | Zhejiang Orient Financial Holdings Group Co. Ltd., Class A | 107090 | 88672 |
|  \* | Zhejiang Orient Gene Biotech Co. Ltd., Class A | 5296 | 15998 |
|  | Zhejiang Qianjiang Motorcycle Co. Ltd., Class A | 21900 | 45727 |
|  | Zhejiang Runtu Co. Ltd., Class A | 37200 | 35642 |
|  | Zhejiang Sanhua Intelligent Controls Co. Ltd., Class A | 11500 | 42508 |
|  | Zhejiang Semir Garment Co. Ltd., Class A | 67100 | 51914 |
|  | Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co. Ltd., Class A | 38980 | 27834 |
|  | Zhejiang Songyuan Automotive Safety Systems Co. Ltd., Class A | 6000 | 27930 |
|  | Zhejiang Southeast Space Frame Co. Ltd., Class A | 20100 | 11294 |
|  \* | Zhejiang Sunriver Culture Tourism Co. Ltd., Class A | 16700 | 22160 |
|  | Zhejiang Supor Co. Ltd., Class A | 4250 | 32909 |
|  | Zhejiang Taihua New Material Group Co. Ltd., Class A | 26900 | 35301 |
|  \* | Zhejiang Tiantie Science & Technology Co. Ltd., Class A | 17409 | 11105 |
|  | Zhejiang Tianyu Pharmaceutical Co. Ltd., Class A | 7380 | 22641 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Zhejiang Wanfeng Auto Wheel Co. Ltd., Class A | 20700 | $47599 |
| Zhejiang Wanliyang Co. Ltd., Class A | 40300 | 40698 |
| Zhejiang Wanma Co. Ltd., Class A | 42400 | 86312 |
| Zhejiang Wansheng Co. Ltd., Class A | 14800 | 19343 |
| Zhejiang Weiming Environment Protection Co. Ltd., Class A | 32377 | 86803 |
| Zhejiang Weixing Industrial Development Co. Ltd., Class A | 24400 | 37174 |
| Zhejiang Weixing New Building Materials Co. Ltd., Class A | 23500 | 38160 |
| Zhejiang Wolwo Bio-Pharmaceutical Co. Ltd., Class A | 7200 | 19485 |
| Zhejiang Xianju Pharmaceutical Co. Ltd., Class A | 31100 | 38496 |
| Zhejiang Xinan Chemical Industrial Group Co. Ltd., Class A | 40420 | 42200 |
| Zhejiang Yasha Decoration Co. Ltd., Class A | 25400 | 12623 |
| Zhejiang Yinlun Machinery Co. Ltd., Class A | 23500 | 82353 |
| Zhejiang Yonghe Refrigerant Co. Ltd., Class A | 11200 | 33479 |
| Zhende Medical Co. Ltd., Class A | 9000 | 23721 |
| Zhengzhou Coal Mining Machinery Group Co. Ltd., Class H | 99800 | 166130 |
| Zhenjiang Dongfang Electric Heating Technology Co. Ltd., Class A | 45400 | 29277 |
| Zheshang Securities Co. Ltd., Class A | 22000 | 31828 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhewen Interactive Group Co. Ltd., Class A | 31700 | $34962 |
|  \* | Zhihu, Inc. | 25800 | 33800 |
|  \*W | ZhongAn Online P&C Insurance Co. Ltd., Class H | 266600 | 384970 |
|  | Zhongji Innolight Co. Ltd., Class A | 2240 | 26194 |
|  | Zhongjin Gold Corp. Ltd., Class A | 38900 | 73268 |
|  | ZhongMan Petroleum & Natural Gas Group Corp. Ltd., Class A | 12800 | 28314 |
|  \* | Zhongnongfa Seed Industry Group Co. Ltd., Class A | 28400 | 24957 |
|  | Zhongshan Broad Ocean Motor Co. Ltd., Class A | 52500 | 50101 |
|  | Zhongshan Public Utilities Group Co. Ltd., Class A | 20300 | 23867 |
|  | Zhongsheng Group Holdings Ltd. | 320000 | 481498 |
|  | Zhongtai Securities Co. Ltd., Class A | 43500 | 36576 |
|  \*†† | Zhongtian Financial Group Co. Ltd., Class A | 187255 | 0 |
|  | Zhongtong Bus Holding Co. Ltd., Class A | 13500 | 20631 |
|  #\* | Zhongyu Energy Holdings Ltd. | 189477 | 104629 |
|  | Zhongyuan Environment-Protection Co. Ltd., Class A | 40400 | 45327 |
|  W | Zhou Hei Ya International Holdings Co. Ltd. | 367000 | 118965 |
|  | Zhuhai Huafa Properties Co. Ltd., Class A | 55300 | 38795 |
|  \* | Zhuhai Zhumian Group Co. Ltd. | 23800 | 21499 |
|  | Zhuzhou CRRC Times Electric Co. Ltd., Class H | 86400 | 346795 |
|  | Zhuzhou Hongda Electronics Corp. Ltd., Class A | 9600 | 44536 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhuzhou Kibing Group Co. Ltd., Class A | 73800 | $| 54921 |
|  \* | Zhuzhou Smelter Group Co. Ltd., Class A | 29300 |  | 40462 |
|  | Zhuzhou Times New Material Technology Co. Ltd., Class A | 24200 |  | 37818 |
|  | Zibo Qixiang Tengda Chemical Co. Ltd., Class A | 62500 |  | 38338 |
|  | Zijin Mining Group Co. Ltd., Class H | 760000 |  | 1660359 |
|  W | ZJLD Group, Inc. | 16600 |  | 13876 |
|  | ZJMI Environmental Energy Co. Ltd., Class A | 19700 |  | 33408 |
|  | Zoomlion Heavy Industry Science & Technology Co. Ltd., Class H | 406800 |  | 293132 |
|  | ZTE Corp., Class H | 61360 |  | 181143 |
|  | ZTO Express Cayman, Inc. (2057 HK) | 87350 |  | 1626796 |
|  | ZTO Express Cayman, Inc. (ZTO US), ADR | 28315 |  | 523828 |
|  #\* | Zx, Inc. | 23800 |  | 26171 |
|  \*W | Zylox-Tonbridge Medical Technology Co. Ltd. | 24000 |  | 55909 |
|  TOTAL CHINA | TOTAL CHINA | TOTAL CHINA |  | 311446521 |
|  COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) |
|  | Almacenes Exito SA, BDR | 16459 |  | 30191 |
|  | Bancolombia SA (BCOLO CB) | 12889 |  | 152817 |
|  | Bancolombia SA (CIB US), Sponsored ADR | 7094 |  | 286030 |
|  | Celsia SA ESP | 89057 |  | 84724 |
|  | Cementos Argos SA | 44014 |  | 111661 |
|  \* | Corp. Financiera Colombiana SA | 33886 |  | 132800 |
|  | Grupo Argos SA | 43531 |  | 226434 |
|  | Grupo Energia Bogota SA ESP | 88951 |  | 61678 |
|  | Interconexion Electrica SA ESP | 24653 |  | 127186 |
|  | Mineros SA | 44303 |  | 63589 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  COLOMBIA — (Continued) | COLOMBIA — (Continued) | COLOMBIA — (Continued) | COLOMBIA — (Continued) | COLOMBIA — (Continued) |
|  | Promigas SA ESP | 11599 | $| 18391 |
|  TOTAL COLOMBIA | TOTAL COLOMBIA | TOTAL COLOMBIA |  | 1295501 |
|  CZECH REPUBLIC — (0.0%) | CZECH REPUBLIC — (0.0%) | CZECH REPUBLIC — (0.0%) | CZECH REPUBLIC — (0.0%) | CZECH REPUBLIC — (0.0%) |
|  | CEZ AS | 12725 |  | 645915 |
|  | Komercni Banka AS | 9798 |  | 476200 |
|  W | Moneta Money Bank AS | 96987 |  | 599528 |
|  | Philip Morris CR AS | 103 |  | 83387 |
|  TOTAL CZECH REPUBLIC | TOTAL CZECH REPUBLIC | TOTAL CZECH REPUBLIC |  | 1805030 |
|  DENMARK — (1.7%) | DENMARK — (1.7%) | DENMARK — (1.7%) | DENMARK — (1.7%) | DENMARK — (1.7%) |
|  \* | ALK-Abello AS | 43956 |  | 1024636 |
|  | Alm Brand AS | 345580 |  | 818849 |
|  | Ambu AS, Class B | 72446 |  | 1307687 |
|  # | AP Moller - Maersk AS (MAERSKA DC), Class A | 328 |  | 560572 |
|  # | AP Moller - Maersk AS (MAERSKB DC), Class B | 476 |  | 819617 |
|  \* | Bang & Olufsen AS | 38004 |  | 75012 |
|  \* | Bavarian Nordic AS | 29195 |  | 694149 |
|  #\* | Better Collective AS | 14233 |  | 187321 |
|  #\* | Bioporto AS | 51729 |  | 12143 |
|  \* | Cadeler AS (CADLR NO) | 13474 |  | 70456 |
|  \* | Cadeler AS (CDLR US), ADR | 817 |  | 17051 |
|  | Carlsberg AS, Class B | 22939 |  | 3125522 |
|  # | cBrain AS | 3178 |  | 82495 |
|  | Chemometec AS | 4476 |  | 322487 |
|  # | Coloplast AS, Class B | 14379 |  | 1627171 |
|  | Columbus AS | 29642 |  | 53030 |
|  | D/S Norden AS | 12986 |  | 353636 |
|  | Danske Bank AS | 88541 |  | 3106687 |
|  \* | Demant AS | 25927 |  | 944180 |
|  \* | Dfds AS | 11886 |  | 165302 |
|  | DSV AS | 20855 |  | 4420446 |
|  | FLSmidth & Co. AS | 15607 |  | 738870 |
|  | Foroya Banki P | 1557 |  | 41511 |
|  \* | Genmab AS (GMAB DC) | 12910 |  | 2737418 |
|  \* | GN Store Nord AS | 44585 |  | 673156 |
|  | H Lundbeck AS (HLUNA DC), Class A | 15876 |  | 65573 |
|  | H Lundbeck AS (HLUNB DC) | 101624 |  | 486323 |
|  \* | H&H International AS, Class B | 7342 |  | 135070 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) |
|  # | Harboes Bryggeri AS, Class B | 361 | $7947 |
|  #\* | Huscompagniet AS | 5429 | 42090 |
|  # | ISS AS | 53332 | 1338177 |
|  # | Jeudan AS | 1549 | 46382 |
|  | Jyske Bank AS | 23137 | 1897660 |
|  | Matas AS | 14399 | 297185 |
|  | MT Hoejgaard Holding AS | 809 | 31557 |
|  \* | Napatech AS | 3160 | 5871 |
|  \*W | Netcompany Group AS | 13978 | 631021 |
|  #\* | Nilfisk Holding AS | 5306 | 70302 |
|  \* | NKT AS | 21035 | 1712710 |
|  \*W | NNIT AS | 3224 | 35469 |
|  | Novo Nordisk AS (NOVOB DC), Class B | 260349 | 17407327 |
|  | Novonesis Novozymes B, Class B | 47182 | 3064816 |
|  \* | NTG Nordic Transport Group AS | 2304 | 87577 |
|  #\*W | Orsted AS | 11979 | 476680 |
|  | Pandora AS | 34056 | 5069674 |
|  | Parken Sport & Entertainment AS | 2257 | 46032 |
|  | Per Aarsleff Holding AS | 8213 | 661732 |
|  | Ringkjoebing Landbobank AS | 10234 | 1956700 |
|  | Rockwool AS, Class A | 18180 | 828965 |
|  | Rockwool AS, Class B | 37950 | 1732424 |
|  | Royal Unibrew AS | 19787 | 1573422 |
|  \* | RTX AS | 3370 | 31957 |
|  #W | Scandinavian Tobacco Group AS | 24470 | 356175 |
|  | Schouw & Co. AS | 5347 | 487377 |
|  | Solar AS, Class B | 1720 | 66222 |
|  | SP Group AS | 3403 | 139449 |
|  \* | Spar Nord Bank AS | 29356 | 942050 |
|  | Sparekassen Sjaelland-Fyn AS | 3119 | 134796 |
|  | Svitzer Group AS | 1272 | 53340 |
|  | Sydbank AS | 27804 | 1780578 |
|  | Tivoli AS | 821 | 76955 |
|  | Tryg AS | 81964 | 1954869 |
|  | UIE PLC | 5984 | 286037 |
|  | Vestas Wind Systems AS | 102883 | 1371657 |
|  | Vestjysk Bank AS | 40592 | 26485 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) |
|  \* | Zealand Pharma AS | 11773 | $| 832658 |
|  TOTAL DENMARK | TOTAL DENMARK | TOTAL DENMARK |  | 72228695 |
|  EGYPT — (0.0%) | EGYPT — (0.0%) | EGYPT — (0.0%) | EGYPT — (0.0%) | EGYPT — (0.0%) |
|  | Commercial International Bank - Egypt (CIB) (CBKD LI), GDR | 95981 |  | 149845 |
|  | Commercial International Bank - Egypt (CIB) (CMGGF US), GDR | 53549 |  | 83537 |
|  \* | EFG Holding SAE (EFGZF US), GDR | 10327 |  | 8262 |
|  TOTAL EGYPT | TOTAL EGYPT | TOTAL EGYPT |  | 241644 |
|  FINLAND — (1.2%) | FINLAND — (1.2%) | FINLAND — (1.2%) | FINLAND — (1.2%) | FINLAND — (1.2%) |
|  | Aktia Bank OYJ | 20181 |  | 228788 |
|  | Alma Media OYJ | 9053 |  | 118568 |
|  # | Anora Group OYJ | 12222 |  | 45498 |
|  | Aspo OYJ | 1832 |  | 10805 |
|  | Atria OYJ | 5381 |  | 79014 |
|  # | Bittium OYJ | 6855 |  | 53274 |
|  # | Citycon OYJ | 10124 |  | 40653 |
|  | Digia OYJ | 4257 |  | 32176 |
|  | Elisa OYJ | 44784 |  | 2389138 |
|  #W | Enento Group OYJ | 3284 |  | 63413 |
|  | eQ OYJ | 496 |  | 5731 |
|  # | Evli OYJ, Class B | 487 |  | 10041 |
|  | Finnair OYJ | 8706 |  | 23540 |
|  | Fiskars OYJ Abp | 8806 |  | 146321 |
|  | Fortum OYJ | 131945 |  | 2212263 |
|  | F-Secure OYJ | 31078 |  | 68380 |
|  | Gofore OYJ | 2086 |  | 37319 |
|  | Harvia OYJ | 5540 |  | 256337 |
|  | Hiab OYJ | 15100 |  | 718499 |
|  | Huhtamaki OYJ | 35060 |  | 1290828 |
|  \* | Incap OYJ | 4186 |  | 45843 |
|  | Kalmar OYJ, Class B | 15100 |  | 478382 |
|  # | Kamux Corp. | 6742 |  | 17809 |
|  | Kemira OYJ | 29393 |  | 606497 |
|  | Kesko OYJ (KESKOA FH), Class A | 26904 |  | 601630 |
|  | Kesko OYJ (KESKOB FH), Class B | 108737 |  | 2496473 |
|  \* | Kojamo OYJ | 28584 |  | 332717 |
|  | Kone OYJ, Class B | 43747 |  | 2709331 |
|  | Konecranes OYJ | 28766 |  | 1927265 |
|  | Lassila & Tikanoja OYJ | 11796 |  | 126514 |
|  \* | Lindex Group OYJ | 23214 |  | 69674 |
|  # | Mandatum OYJ | 102038 |  | 721157 |
|  | Marimekko OYJ | 15377 |  | 212652 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) |
|  | Metsa Board OYJ (METSB FH), Class B | 43602 | $159189 |
|  # | Metso OYJ | 237362 | 2579105 |
|  # | Neste OYJ | 47622 | 493999 |
|  | NoHo Partners OYJ | 1855 | 19949 |
|  # | Nokia OYJ (NOK US), Sponsored ADR | 94309 | 470602 |
|  | Nokia OYJ (NOKIA FH) | 457505 | 2287147 |
|  | Nokia OYJ (NOKIA FP) | 66112 | 330339 |
|  # | Nokian Renkaat OYJ | 39347 | 312998 |
|  | Nordea Bank Abp (NDA FH) | 368309 | 5100692 |
|  | Nordea Bank Abp (NDA SS) | 201732 | 2768319 |
|  | Olvi OYJ, Class A | 5575 | 209037 |
|  # | Oma Saastopankki OYJ | 3577 | 36949 |
|  | Oriola OYJ (OKDBV FH), Class B | 42960 | 53220 |
|  | Orion OYJ (ORNAV FH), Class A | 8695 | 540432 |
|  | Orion OYJ (ORNBV FH), Class B | 43783 | 2741321 |
|  # | Outokumpu OYJ | 88822 | 341887 |
|  | Pihlajalinna OYJ | 4982 | 78597 |
|  | Ponsse OYJ | 2075 | 63740 |
|  | Puuilo OYJ | 27624 | 393379 |
|  \* | QT Group OYJ | 6759 | 441038 |
|  | Raisio OYJ, Class V | 27644 | 77051 |
|  \* | Rapala VMC OYJ | 4345 | 6403 |
|  #\* | Remedy Entertainment OYJ | 412 | 7674 |
|  | Revenio Group OYJ | 7382 | 230891 |
|  | Sampo OYJ, Class A | 322327 | 3226089 |
|  | Sanoma OYJ | 29308 | 322862 |
|  | Scanfil OYJ | 3590 | 35418 |
|  | Stora Enso OYJ, Class R | 186852 | 1735554 |
|  | Taaleri PLC | 5530 | 44889 |
|  # | Talenom OYJ | 3546 | 14334 |
|  W | Terveystalo OYJ | 45645 | 634363 |
|  # | TietoEVRY OYJ | 28422 | 509181 |
|  # | Tokmanni Group Corp. | 24258 | 382739 |
|  | UPM-Kymmene OYJ | 101986 | 2701211 |
|  | Vaisala OYJ, Class A | 6965 | 370843 |
|  # | Valmet OYJ | 48178 | 1471071 |
|  | Wartsila OYJ Abp | 90607 | 1674085 |
|  #\* | WithSecure OYJ | 26041 | 27770 |
|  #\* | YIT OYJ | 52325 | 152713 |
|  TOTAL FINLAND | TOTAL FINLAND | TOTAL FINLAND | 51223610 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FRANCE — (4.9%) | FRANCE — (4.9%) | FRANCE — (4.9%) | FRANCE — (4.9%) |
|  \* | 74Software SA | 4569 | $176284 |
|  # | ABC arbitrage | 4142 | 28306 |
|  | Accor SA | 41040 | 2022139 |
|  | Aeroports de Paris SA | 8753 | 1094534 |
|  \* | Air France-KLM | 15284 | 133442 |
|  | Air Liquide SA | 17825 | 3662649 |
|  | AKWEL SADIR | 4438 | 37144 |
|  \* | Alstom SA | 105912 | 2557686 |
|  | Altamir | 4354 | 114046 |
|  | Alten SA | 9742 | 825764 |
|  W | Amundi SA | 16864 | 1332107 |
|  | Arkema SA | 18161 | 1380699 |
|  # | Assystem SA | 2173 | 94426 |
|  | Aubay | 2806 | 146381 |
|  | AXA SA | 89591 | 4237286 |
|  \* | Bastide le Confort Medical | 1878 | 58068 |
|  # | Beneteau SACA | 13445 | 123007 |
|  | BioMerieux | 5625 | 759264 |
|  | BNP Paribas SA | 71751 | 6079425 |
|  | Boiron SA | 2514 | 69202 |
|  | Bollore SE | 98892 | 611689 |
|  # | Bonduelle SCA | 4529 | 42359 |
|  \*†† | Bourbon Corp. SA | 4401 | 0 |
|  | Bouygues SA | 73956 | 3250758 |
|  | Bureau Veritas SA | 77376 | 2456151 |
|  \* | Canal & SA | 167101 | 379696 |
|  | Capgemini SE | 25805 | 4119830 |
|  | Carrefour SA | 196595 | 3032224 |
|  # | Catana Group | 7299 | 28151 |
|  | CBo Territoria | 9164 | 38600 |
|  \* | Cegedim SA | 2736 | 37105 |
|  | Cie de Saint-Gobain SA | 70887 | 7706692 |
|  | Cie des Alpes | 7009 | 137921 |
|  | Cie Generale des Etablissements Michelin SCA | 181642 | 6641874 |
|  \* | Claranova SE | 4482 | 12111 |
|  #\* | Clariane SE | 55606 | 236276 |
|  | Coface SA | 44297 | 907945 |
|  | Credit Agricole SA | 85531 | 1604269 |
|  | Danone SA | 61421 | 5285057 |
|  | Dassault Aviation SA | 2251 | 811635 |
|  | Dassault Systemes SE | 11504 | 431125 |
|  | Derichebourg SA | 50289 | 345925 |
|  | Edenred SE | 21091 | 657764 |
|  | Eiffage SA | 31274 | 4255539 |
|  \* | Ekinops SAS | 1330 | 4966 |
|  | Electricite de Strasbourg SA | 236 | 37334 |
|  \*W | Elior Group SA | 39446 | 119495 |
|  | Elis SA | 73732 | 1892632 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  | Engie SA | 335342 | $6930960 |
|  | Equasens | 860 | 37923 |
|  | Eramet SA | 3003 | 166511 |
|  | EssilorLuxottica SA | 10039 | 2892768 |
|  | Esso SA Francaise | 1146 | 184212 |
|  | Etablissements Maurel et Prom SA | 31177 | 160487 |
|  | Eurazeo SE | 15983 | 1168670 |
|  \* | Euroapi SA | 1821 | 5696 |
|  #\* | Eutelsat Communications SACA | 23595 | 96359 |
|  | Exel Industries SA, Class A | 410 | 16377 |
|  \* | Figeac Aero | 2158 | 21196 |
|  | Fnac Darty SA (FNAC FP) | 4024 | 140109 |
|  \* | Foraco International SA | 25652 | 33121 |
|  | Forvia SE (1EO IM) | 5777 | 44726 |
|  | Forvia SE (FRVIA FP) | 44164 | 341154 |
|  | Gaztransport Et Technigaz SA | 14585 | 2377396 |
|  | Getlink SE | 83218 | 1580161 |
|  | GL Events SACA | 2338 | 58301 |
|  | Groupe Crit SA | 1179 | 90967 |
|  # | Guerbet | 2270 | 51645 |
|  | Hermes International SCA | 2123 | 5838632 |
|  \* | ID Logistics Group SACA | 1122 | 505368 |
|  | Imerys SA | 12349 | 412509 |
|  # | Infotel SA | 1378 | 68437 |
|  # | Interparfums SA | 1932 | 76578 |
|  | Ipsen SA | 11663 | 1356443 |
|  | IPSOS SA | 18653 | 883120 |
|  # | Jacquet Metals SACA | 4855 | 114199 |
|  \* | JCDecaux SE | 22209 | 386531 |
|  | Kaufman & Broad SA | 4750 | 186502 |
|  # | Kering SA | 5832 | 1186536 |
|  W | La Francaise des Jeux SACA | 36341 | 1295344 |
|  | Laurent-Perrier | 647 | 71185 |
|  | Lectra | 3855 | 100111 |
|  | Legrand SA | 18897 | 2076777 |
|  | Linedata Services | 520 | 43426 |
|  | LISI SA | 3575 | 111948 |
|  | LNA Sante SA | 2281 | 59380 |
|  | L'Oreal SA | 11123 | 4914872 |
|  \* | Louis Hachette Group | 64114 | 101088 |
|  #\* | Lumibird | 756 | 9732 |
|  | LVMH Moet Hennessy Louis Vuitton SE | 22930 | 12701599 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FRANCE — (Continued) | FRANCE — (Continued) |  |  |
|  #W | Maisons du Monde SA | 8797 | $27430 |
|  | Manitou BF SA | 3915 | 90280 |
|  | Mersen SA | 6173 | 132303 |
|  # | Metropole Television SA | 9841 | 154630 |
|  | Nexans SA | 11535 | 1267216 |
|  \* | Nexity SA | 8900 | 93321 |
|  | NRJ Group | 7637 | 57539 |
|  | Oeneo SA | 5165 | 53331 |
|  | Opmobility | 21640 | 242525 |
|  | Orange SA (ORA FP) | 612316 | 8883507 |
|  | Pernod Ricard SA | 12880 | 1396134 |
|  \* | Pierre Et Vacances SA | 36881 | 57839 |
|  | Publicis Groupe SA (PUB FP) | 39525 | 4021550 |
|  | Quadient SA | 10779 | 204034 |
|  | Renault SA | 44715 | 2374866 |
|  | Rexel SA | 93422 | 2595602 |
|  | Robertet SA | 148 | 137269 |
|  | Rubis SCA | 16903 | 550206 |
|  | Safran SA | 19874 | 5288862 |
|  | Sanofi SA (SAN FP) | 55079 | 6025193 |
|  # | Sartorius Stedim Biotech | 1197 | 282481 |
|  | Savencia SA | 1762 | 133440 |
|  | Schneider Electric SE (0NWV LI) | 523 | 121508 |
|  | Schneider Electric SE (SU FP) | 16920 | 3953286 |
|  | SCOR SE | 51307 | 1616642 |
|  | SEB SA | 9149 | 863016 |
|  | Seche Environnement SACA | 1125 | 116056 |
|  \*W | SMCP SA | 11700 | 42179 |
|  | Societe BIC SA | 8122 | 525506 |
|  | Societe Generale SA | 92987 | 4848246 |
|  | Societe LDC SADIR | 2226 | 193230 |
|  | Sodexo SA | 25211 | 1600314 |
|  \* | SOITEC | 3311 | 187911 |
|  | Sopra Steria Group | 6271 | 1285799 |
|  | SPIE SA | 48709 | 2387352 |
|  | Stef SA | 2121 | 305823 |
|  \* | Synergie SE | 3061 | 105826 |
|  # | Teleperformance SE | 16728 | 1834309 |
|  # | Television Francaise 1 SA | 16266 | 155429 |
|  | TFF Group | 687 | 16284 |
|  | Thales SA | 11933 | 3342700 |
|  # | Thermador Groupe | 1429 | 106986 |
|  # | Tikehau Capital SCA | 9093 | 196384 |
|  | TotalEnergies SE (TTE FP) | 378420 | 21552986 |
|  # | Trigano SA | 3519 | 418044 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FRANCE — (Continued) | FRANCE — (Continued) |  |  |
|  \* | Ubisoft Entertainment SA | 25745 | $303336 |
|  | Valeo SE | 75873 | 753507 |
|  #\* | Vallourec SACA | 74061 | 1368857 |
|  | Veolia Environnement SA (VEOEY US), ADR | 2434 | 44664 |
|  # | Veolia Environnement SA (VIE FP) | 59845 | 2185783 |
|  W | Verallia SA | 22799 | 762365 |
|  | Vetoquinol SA | 997 | 84240 |
|  | Vicat SACA | 6500 | 363957 |
|  | Vinci SA | 71180 | 9998464 |
|  | Virbac SACA | 759 | 267598 |
|  \* | Viridien | 2407 | 142801 |
|  | Vivendi SE | 167101 | 521098 |
|  #\* | Voltalia SA | 10199 | 84522 |
|  # | Wavestone | 2002 | 106858 |
|  \*W | Worldline SA | 51725 | 286583 |
|  TOTAL FRANCE | TOTAL FRANCE |  | 216036045 |
|  GERMANY — (5.7%) | GERMANY — (5.7%) |  |  |
|  | 1&1 AG | 12950 | 230113 |
|  | 7C Solarparken AG | 19921 | 45467 |
|  | Adesso SE | 970 | 107737 |
|  | adidas AG | 18670 | 4295809 |
|  | Adtran Networks SE | 1667 | 38332 |
|  | All for One Group SE | 816 | 52440 |
|  | Allgeier SE | 1536 | 35364 |
|  | Allianz SE (ALV GR) | 20399 | 8436551 |
|  | AlzChem Group AG | 1800 | 232289 |
|  | Amadeus Fire AG | 1750 | 148767 |
|  | Atoss Software SE | 3038 | 456691 |
|  | Aumann AG | 2172 | 35063 |
|  # | Aurubis AG | 14817 | 1293651 |
|  \*W | Auto1 Group SE | 3080 | 74005 |
|  | BASF SE | 229131 | 11701597 |
|  | Bayer AG | 262627 | 6882714 |
|  | Bayerische Motoren Werke AG | 46542 | 3947575 |
|  #\* | BayWa AG (BYW6 GR) | 3491 | 32032 |
|  | Bechtle AG | 29596 | 1262644 |
|  | Beiersdorf AG | 4327 | 609666 |
|  | Bertrandt AG | 1589 | 34301 |
|  | Bijou Brigitte AG | 1462 | 70290 |
|  | Bilfinger SE | 8279 | 704128 |
|  # | Borussia Dortmund GmbH & Co. KGaA | 29896 | 111052 |
|  #\* | BRANICKS Group AG | 13392 | 29032 |
|  | Brenntag SE | 39795 | 2657663 |
|  W | Brockhaus Technologies AG | 1041 | 16925 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) |  |  |
|  | CANCOM SE (COK GR) | 9624 | $295499 |
|  | Carl Zeiss Meditec AG | 1094 | 75188 |
|  \* | Ceconomy AG | 59605 | 211829 |
|  | CENIT AG | 2780 | 26075 |
|  | Cewe Stiftung & Co. KGaA | 3602 | 416548 |
|  | Commerzbank AG | 167433 | 4431539 |
|  \* | CompuGroup Medical SE & Co. KGaA | 9534 | 237613 |
|  | Continental AG | 36543 | 2856736 |
|  \* | Covestro AG | 46546 | 3132981 |
|  | CTS Eventim AG & Co. KGaA | 19710 | 2335378 |
|  | Daimler Truck Holding AG | 167017 | 6710155 |
|  | Dermapharm Holding SE | 5524 | 241319 |
|  | Deutsche Bank AG (DB US) | 15323 | 401616 |
|  | Deutsche Bank AG (DBK GR) | 232746 | 6102680 |
|  \* | Deutsche Beteiligungs AG | 4853 | 138715 |
|  | Deutsche Boerse AG | 23792 | 7663257 |
|  | Deutsche EuroShop AG | 3358 | 73676 |
|  | Deutsche Lufthansa AG | 125694 | 903192 |
|  \*W | Deutsche Pfandbriefbank AG | 47446 | 291004 |
|  | Deutsche Post AG | 233467 | 9975577 |
|  | Deutsche Telekom AG (DTE GR) | 555726 | 19960308 |
|  | Deutsche Wohnen SE | 10013 | 254459 |
|  | Draegerwerk AG & Co. KGaA | 1349 | 76019 |
|  | Duerr AG | 17076 | 404254 |
|  W | DWS Group GmbH & Co. KGaA | 17869 | 940685 |
|  | E.ON SE | 328573 | 5746607 |
|  | Eckert & Ziegler SE | 3524 | 240892 |
|  | Elmos Semiconductor SE | 2766 | 188432 |
|  | ElringKlinger AG | 10977 | 61278 |
|  | Energiekontor AG | 3328 | 160316 |
|  | Evonik Industries AG | 81587 | 1833492 |
|  #\* | Evotec SE | 10944 | 91606 |
|  | Fielmann Group AG | 8763 | 497956 |
|  | flatexDEGIRO AG | 29434 | 774610 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) |  |  |
|  #\* | Fraport AG Frankfurt Airport Services Worldwide | 12777 | $846752 |
|  | Freenet AG | 53644 | 2230684 |
|  | Fresenius Medical Care AG (FME GR) | 49703 | 2528669 |
|  \* | Fresenius SE & Co. KGaA | 48965 | 2325686 |
|  | Friedrich Vorwerk Group SE | 3434 | 234479 |
|  | FUCHS SE | 10078 | 387427 |
|  | GEA Group AG | 59438 | 3877716 |
|  | Gerresheimer AG | 11561 | 784387 |
|  | Gesco SE | 3358 | 61353 |
|  | GFT Technologies SE | 10615 | 299801 |
|  | Grenke AG | 9102 | 139521 |
|  | H&R GmbH & Co. KGaA | 2595 | 11984 |
|  | Hannover Rueck SE | 11514 | 3695989 |
|  #W | Hapag-Lloyd AG | 4299 | 676879 |
|  | Hawesko Holding SE | 778 | 21901 |
|  | Heidelberg Materials AG | 33220 | 6641126 |
|  \* | Heidelberger Druckmaschinen AG | 91674 | 126196 |
|  | Hella GmbH & Co. KGaA | 2586 | 259929 |
|  \* | HelloFresh SE | 55068 | 573412 |
|  | Henkel AG & Co. KGaA | 13831 | 976194 |
|  | Hensoldt AG | 17547 | 1359345 |
|  | HOCHTIEF AG | 5257 | 994599 |
|  | Hornbach Holding AG & Co. KGaA | 3806 | 428507 |
|  | HUGO BOSS AG | 16554 | 690456 |
|  | Indus Holding AG | 5574 | 157026 |
|  | Infineon Technologies AG (IFX GR) | 257494 | 8528986 |
|  | Init Innovation in Traffic Systems SE | 1931 | 85973 |
|  W | Instone Real Estate Group SE | 11403 | 105475 |
|  | IVU Traffic Technologies AG | 3219 | 68480 |
|  | Jenoptik AG | 19012 | 379571 |
|  W | JOST Werke SE | 4249 | 239116 |
|  | K&S AG | 59181 | 1032228 |
|  | KION Group AG | 25717 | 1094411 |
|  | Kloeckner & Co. SE | 10042 | 80829 |
|  | Knorr-Bremse AG | 19436 | 1927599 |
|  \* | Koenig & Bauer AG | 4757 | 88024 |
|  | Krones AG | 6122 | 894841 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) |  |  |
|  | KWS Saat SE & Co. KGaA | 3782 | $238638 |
|  | Lanxess AG | 29886 | 897297 |
|  | LEG Immobilien SE | 17112 | 1450570 |
|  | Leifheit AG | 2142 | 52779 |
|  #\* | LPKF Laser & Electronics SE | 1380 | 12845 |
|  \* | Medios AG | 6355 | 84395 |
|  | Mercedes-Benz Group AG | 112299 | 6714224 |
|  | Merck KGaA | 3786 | 527087 |
|  | MLP SE | 29957 | 271623 |
|  | MTU Aero Engines AG | 4579 | 1584817 |
|  | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | 13604 | 9313427 |
|  | Mutares SE & Co. KGaA | 5859 | 214224 |
|  #\* | Nagarro SE | 2358 | 168105 |
|  | Nemetschek SE | 16704 | 2219707 |
|  #\* | Nordex SE | 33573 | 628598 |
|  | Norma Group SE | 11272 | 141667 |
|  | Patrizia SE | 14358 | 120423 |
|  \* | Pentixapharm Holding AG | 3524 | 11577 |
|  | Pfeiffer Vacuum Technology AG | 1648 | 290344 |
|  # | PNE AG | 5124 | 89616 |
|  | ProCredit Holding AG | 6800 | 78142 |
|  | ProSiebenSat.1 Media SE | 48292 | 337016 |
|  | Puma SE (PUM GR) | 37747 | 974660 |
|  #\* | PVA TePla AG | 7215 | 134135 |
|  | PWO AG | 638 | 20863 |
|  \* | q.beyond AG | 24466 | 22224 |
|  | Qiagen NV | 13347 | 572803 |
|  | Rational AG | 1534 | 1316224 |
|  | Rheinmetall AG | 7903 | 13459222 |
|  | RWE AG | 75013 | 2913066 |
|  | Salzgitter AG | 9915 | 245023 |
|  | SAP SE (SAP GR) | 18493 | 5410843 |
|  | Schaeffler AG | 43525 | 187833 |
|  | Secunet Security Networks AG | 327 | 76251 |
|  #\* | SFC Energy AG | 1242 | 32219 |
|  #\* | SGL Carbon SE | 8070 | 32280 |
|  | Siemens AG (SIE GR) | 30981 | 7133729 |
|  \* | Siemens Energy AG | 71300 | 5503195 |
|  W | Siemens Healthineers AG | 10407 | 561014 |
|  | Siltronic AG | 6260 | 254536 |
|  | Sixt SE | 4885 | 464433 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) |  |  |
|  | SMA Solar Technology AG | 6446 | $111795 |
|  | Stabilus SE | 8993 | 249450 |
|  | STRATEC SE | 1507 | 41003 |
|  | Stroeer SE & Co. KGaA | 12688 | 757619 |
|  | Suedzucker AG | 21802 | 293541 |
|  | SUSS MicroTec SE | 5570 | 214480 |
|  | Symrise AG | 30585 | 3527412 |
|  \* | TAG Immobilien AG | 46284 | 753547 |
|  | Takkt AG | 9190 | 79378 |
|  \* | Talanx AG | 17751 | 2037249 |
|  \*W | TeamViewer SE | 46273 | 710879 |
|  | Technotrans SE | 1819 | 37151 |
|  | thyssenkrupp AG | 171650 | 1968527 |
|  \* | TUI AG | 186434 | 1434514 |
|  | United Internet AG | 27336 | 619893 |
|  # | Verbio SE | 3836 | 45274 |
|  | Volkswagen AG | 3684 | 411265 |
|  | Vonovia SE | 60028 | 1991127 |
|  | Vossloh AG | 3762 | 297214 |
|  | Wacker Chemie AG | 6599 | 498855 |
|  | Wacker Neuson SE | 12005 | 322824 |
|  | Washtec AG | 3925 | 189131 |
|  \* | Westwing Group SE | 457 | 3973 |
|  | Wuestenrot & Wuerttembergische AG | 9432 | 151917 |
|  \*W | Zalando SE | 48200 | 1760085 |
|  | Zeal Network SE | 1112 | 56652 |
|  TOTAL GERMANY | TOTAL GERMANY |  | 249475369 |
|  GREECE — (0.1%) | GREECE — (0.1%) |  |  |
|  | Aegean Airlines SA | 12199 | 163807 |
|  \* | Aktor SA Holding Company Technical & Energy Projects | 8800 | 49387 |
|  | Alpha Services & Holdings SA | 283602 | 691487 |
|  | Athens Water Supply & Sewage Co. SA | 5285 | 34866 |
|  | Autohellas Tourist & Trading SA | 5110 | 65607 |
|  | Avax SA | 6223 | 14160 |
|  | Bank of Greece | 4789 | 74470 |
|  | Ellaktor SA | 28588 | 42193 |
|  | ElvalHalcor SA | 16469 | 36945 |
|  | Eurobank Ergasias Services & Holdings SA | 167181 | 474464 |
|  \*†† | FF Group | 1384 | 0 |
|  | Fourlis Holdings SA | 10258 | 46472 |
|  | GEK Terna SA | 16011 | 332311 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GREECE — (Continued) | GREECE — (Continued) |  |  |
|  | Hellenic Exchanges - Athens Stock Exchange SA | 7855 | $47015 |
|  | Hellenic Telecommunications Organization SA | 14364 | 272586 |
|  | Helleniq Energy Holdings SA | 37562 | 324446 |
|  | Holding Co. ADMIE IPTO SA | 19838 | 64944 |
|  | Intracom Holdings SA | 21319 | 74666 |
|  | Jumbo SA | 18366 | 579860 |
|  | Kri-Kri Milk Industry SA | 4410 | 76289 |
|  \* | LAMDA Development SA | 12603 | 94832 |
|  | Metlen Energy & Metals SA | 12414 | 587521 |
|  | Motor Oil Hellas Corinth Refineries SA | 22934 | 555693 |
|  | National Bank of Greece SA | 48124 | 510768 |
|  | OPAP SA | 9527 | 211682 |
|  | Piraeus Financial Holdings SA | 99191 | 557059 |
|  | Piraeus Port Authority SA | 1557 | 69706 |
|  | Public Power Corp. SA | 13772 | 206440 |
|  | Quest Holdings SA | 7220 | 51800 |
|  | Sarantis SA | 4363 | 66887 |
|  | Thrace Plastics Holding & Co. | 5555 | 23881 |
|  TOTAL GREECE | TOTAL GREECE |  | 6402244 |
|  HONG KONG — (1.5%) | HONG KONG — (1.5%) |  |  |
|  | Aeon Credit Service |  |  |
|  | Asia Co. Ltd. | 80000 | 64043 |
|  | AIA Group Ltd. | 746200 | 5591211 |
|  \* | Allied Group Ltd. | 26000 | 5065 |
|  | Amrita Global | 138000 | 10676 |
|  | APAC Resources Ltd. | 194095 | 27638 |
|  \* | Apollo Future Mobility Group Ltd. | 9200 | 1213 |
|  | Asia Financial Holdings Ltd. | 72000 | 37046 |
|  | ASMPT Ltd. | 38300 | 257662 |
|  | Bank of East Asia Ltd. | 387117 | 532263 |
|  | Beijing Enterprises Holdings Ltd. | 181000 | 734421 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  # | Beijing Tong Ren Tang Chinese Medicine Co. Ltd. | 83000 | $90098 |
|  | BOC Hong Kong Holdings Ltd. | 285000 | 1182288 |
|  | Bright Smart Securities & Commodities Group Ltd. | 374000 | 330624 |
|  W | Budweiser Brewing Co. APAC Ltd. | 115200 | 121724 |
|  | Build King Holdings Ltd. | 90000 | 13082 |
|  | BYD Electronic International Co. Ltd. | 210000 | 871589 |
|  | Cafe de Coral Holdings Ltd. | 114000 | 104765 |
|  | Cathay Pacific Airways Ltd. | 439454 | 504962 |
|  \* | Central New Energy Holding Group Ltd. | 50000 | 68957 |
|  | Chervon Holdings Ltd. | 28800 | 48367 |
|  \* | Chi Kan Holdings Ltd. | 28000 | 9372 |
|  \* | China Aerospace International Holdings Ltd. | 690000 | 34235 |
|  \*†† | China Common Rich Renewable Energy Investments Ltd. | 190000 | 0 |
|  \* | China Energy Development Holdings Ltd. | 2788000 | 15472 |
|  | China Everbright Environment Group Ltd. | 827111 | 382174 |
|  | China Everbright Ltd. | 318000 | 170054 |
|  #†† | China Huiyuan Juice Group Ltd. | 269535 | 12185 |
|  | China Jinmao Holdings Group Ltd. | 2083485 | 308290 |
|  | China Merchants Port Holdings Co. Ltd. | 461993 | 750037 |
|  | China Motor Bus Co. Ltd. | 2400 | 17474 |
|  | China Nonferrous Mining Corp. Ltd. | 524000 | 346814 |
|  | China Overseas Grand Oceans Group Ltd. | 683283 | 151352 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  | China Overseas Land & Investment Ltd. | 853500 | $1514236 |
|  | China Power International Development Ltd. | 1014999 | 398680 |
|  \*†† | China Properties Investment Holdings Ltd. | 81000 | 0 |
|  | China Resources Beer Holdings Co. Ltd. | 554307 | 1948502 |
|  W | China Resources Pharmaceutical Group Ltd. | 653000 | 412184 |
|  | China Resources Power Holdings Co. Ltd. | 312690 | 754338 |
|  \* | China Star Entertainment Ltd. | 900000 | 182469 |
|  | China Taiping Insurance Holdings Co. Ltd. | 558000 | 772700 |
|  | China Tobacco International HK Co. Ltd. | 82000 | 263843 |
|  #\* | China Traditional Chinese Medicine Holdings Co. Ltd. | 1122000 | 292078 |
|  | China Travel International Investment Hong Kong Ltd. | 808000 | 104983 |
|  \* | China Vered Financial Holding Corp. Ltd. | 4380000 | 26578 |
|  \*†† | China Zhongwang Holdings Ltd. | 809600 | 0 |
|  \* | Chinese Estates Holdings Ltd. | 189000 | 31362 |
|  | Chow Sang Sang Holdings International Ltd. | 143000 | 140143 |
|  | CITIC Ltd. | 737000 | 895950 |
|  | CITIC Telecom International Holdings Ltd. | 633000 | 192563 |
|  | CK Asset Holdings Ltd. | 216177 | 883161 |
|  | CK Hutchison Holdings Ltd. | 220200 | 1241725 |
|  | CK Infrastructure Holdings Ltd. | 45500 | 306654 |
|  \* | CK Life Sciences International Holdings, Inc. | 760000 | 88371 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  | CLP Holdings Ltd. | 72500 | $618181 |
|  #\* | C-Mer Medical Holdings Ltd. | 166000 | 36136 |
|  #†† | Convoy, Inc. | 1758000 | 7095 |
|  \* | Cowell e Holdings, Inc. | 38000 | 109204 |
|  W | Crystal International Group Ltd. | 117000 | 68212 |
|  \* | CSC Holdings Ltd. | 5605000 | 13707 |
|  \* | CSI Properties Ltd. | 2184000 | 47148 |
|  | CSPC Pharmaceutical Group Ltd. | 3058800 | 2409230 |
|  | CSSC Hong Kong Shipping Co. Ltd. | 478000 | 104656 |
|  | CTF Services Ltd. | 394116 | 373234 |
|  \*†† | CW Group Holdings Ltd. | 193500 | 0 |
|  \* | CWT International Ltd. | 1480000 | 17965 |
|  | Dah Sing Banking Group Ltd. | 152800 | 164655 |
|  | Dah Sing Financial Holdings Ltd. | 62400 | 227835 |
|  | Dickson Concepts International Ltd. | 75000 | 66319 |
|  | Eagle Nice International Holdings Ltd. | 128000 | 57260 |
|  †† | EcoGreen International Group Ltd. | 50000 | 2297 |
|  | Emperor Watch & Jewellery Ltd. | 1680000 | 46887 |
|  \* | ENM Holdings Ltd. | 360000 | 11580 |
|  W | ESR Group Ltd. | 468600 | 746219 |
|  \* | EverChina International Holdings Co. Ltd. | 335000 | 3250 |
|  | Fairwood Holdings Ltd. | 31500 | 20881 |
|  | Far East Consortium International Ltd. | 542901 | 62283 |
|  | Far East Horizon Ltd. | 672000 | 521428 |
|  | First Pacific Co. Ltd. | 778000 | 523491 |
|  #\*W | FIT Hon Teng Ltd. | 476000 | 119500 |
|  | Fosun International Ltd. | 769072 | 398684 |
|  | FSE Lifestyle Services Ltd. | 28000 | 19934 |
|  #\*†† | Fuguiniao Co. Ltd. | 37999 | 0 |
|  | Galaxy Entertainment Group Ltd. | 225000 | 812609 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  W | Genertec Universal Medical Group Co. Ltd. | 314500 | $207428 |
|  | Giordano International Ltd. | 430000 | 82784 |
|  #\*†† | Gold Financial Holdings Ltd. | 184000 | 0 |
|  | Great Eagle Holdings Ltd. | 82925 | 138623 |
|  | G-Resources Group Ltd. | 103950 | 84760 |
|  | Guangdong Investment Ltd. | 612000 | 495241 |
|  | Guoco Group Ltd. | 2000 | 16262 |
|  | Guotai Junan International Holdings Ltd. | 1129000 | 145396 |
|  | Hang Lung Group Ltd. | 259000 | 371787 |
|  | Hang Lung Properties Ltd. | 622248 | 510331 |
|  | Hang Seng Bank Ltd. | 47300 | 660250 |
|  | Henderson Land Development Co. Ltd. | 162909 | 462000 |
|  | HK Electric Investments & HK Electric Investments Ltd. | 394000 | 274378 |
|  | HKBN Ltd. | 42500 | 27782 |
|  \* | HKR International Ltd. | 302560 | 33734 |
|  | HKT Trust & HKT Ltd. | 721000 | 1025968 |
|  | Hong Kong & China Gas Co. Ltd. | 710168 | 638990 |
|  | Hong Kong Exchanges & Clearing Ltd. | 68746 | 3003491 |
|  | Hong Kong Ferry Holdings Co. Ltd. | 18000 | 9722 |
|  #\* | Hong Kong Technology Venture Co. Ltd. | 144055 | 38538 |
|  | Hongkong & Shanghai Hotels Ltd. | 173683 | 120895 |
|  W | Honma Golf Ltd. | 53500 | 23836 |
|  #W | Hua Hong Semiconductor Ltd. | 239000 | 1092907 |
|  | Hutchison Telecommunications Hong Kong Holdings Ltd. | 604000 | 78713 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  \* | HUTCHMED China Ltd., ADR | 883 | $13113 |
|  | Hysan Development Co. Ltd. | 121000 | 197242 |
|  | IGG, Inc. | 228000 | 109844 |
|  W | Impro Precision Industries Ltd. | 27000 | 8003 |
|  \* | IPE Group Ltd. | 180000 | 9283 |
|  | Jacobson Pharma Corp. Ltd. | 70000 | 11000 |
|  | Jinmao Property Services Co. Ltd. | 30120 | 11243 |
|  | Johnson Electric Holdings Ltd. | 130755 | 238209 |
|  | K Wah International Holdings Ltd. | 465072 | 104200 |
|  | Kerry Properties Ltd. | 198000 | 464989 |
|  | KLN Logistics Group Ltd. | 167000 | 134700 |
|  | Kowloon Development Co. Ltd. | 154307 | 59782 |
|  \* | Langham Hospitality Investments & Langham Hospitality Investments Ltd. | 505500 | 29975 |
|  | Lenovo Group Ltd. | 2338000 | 2704075 |
|  | Liu Chong Hing Investment Ltd. | 84000 | 43629 |
|  | Luk Fook Holdings International Ltd. | 116000 | 253125 |
|  | Man Wah Holdings Ltd. | 603600 | 320777 |
|  #\* | Melco International Development Ltd. | 17000 | 7043 |
|  | MGM China Holdings Ltd. | 138400 | 179355 |
|  \*†† | MH Development NPV | 24000 | 0 |
|  | Miramar Hotel & Investment | 88000 | 102956 |
|  \* | MMG Ltd. | 1775200 | 537331 |
|  | Modern Dental Group Ltd. | 140000 | 75190 |
|  \* | Mongolian Mining Corp. | 198000 | 163580 |
|  # | Morimatsu International Holdings Co. Ltd. | 77000 | 54678 |
|  | MTR Corp. Ltd. | 55833 | 192754 |
|  \* | NagaCorp Ltd. | 302811 | 128622 |
|  \* | New Focus Auto Tech Holdings Ltd. | 1596000 | 8823 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  \* | New World Development Co. Ltd. | 455952 | $279217 |
|  \*†† | NewOcean Energy Holdings Ltd. | 370000 | 0 |
|  # | Nissin Foods Co. Ltd. | 65000 | 55922 |
|  | Oriental Watch Holdings | 155596 | 70291 |
|  \* | Oshidori International Holdings Ltd. | 1594198 | 96848 |
|  | Pacific Basin Shipping Ltd. | 2087000 | 467950 |
|  # | Pacific Textiles Holdings Ltd. | 295000 | 46824 |
|  | PAX Global Technology Ltd. | 292000 | 175840 |
|  | PC Partner Group Ltd. | 102000 | 95906 |
|  | PCCW Ltd. | 1216658 | 811090 |
|  | Perfect Medical Health Management Ltd. | 124000 | 34566 |
|  | Pico Far East Holdings Ltd. | 324000 | 79814 |
|  | Plover Bay Technologies Ltd. | 104000 | 71151 |
|  | Poly Property Group Co. Ltd. | 734189 | 138740 |
|  | Power Assets Holdings Ltd. | 17000 | 112424 |
|  \* | PT International Development Co. Ltd. | 68100 | 1882 |
|  \* | Public Financial Holdings Ltd. | 144000 | 24148 |
|  \* | Regal Hotels International Holdings Ltd. | 120000 | 9838 |
|  W | Regina Miracle International Holdings Ltd. | 81000 | 17783 |
|  | Sa Sa International Holdings Ltd. | 480000 | 36294 |
|  \* | Sands China Ltd. | 145600 | 260762 |
|  | SAS Dragon Holdings Ltd. | 88000 | 45971 |
|  | SEA Holdings Ltd. | 36582 | 6475 |
|  \* | Shandong Hi-Speed Holdings Group Ltd. | 153000 | 125125 |
|  | Shanghai Industrial Holdings Ltd. | 150000 | 228908 |
|  | Shangri-La Asia Ltd. | 456000 | 255427 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  \* | Shenwan Hongyuan HK Ltd. | 65000 | $9583 |
|  # | Shenzhen Investment Ltd. | 915262 | 91928 |
|  | Shoucheng Holdings Ltd. | 634800 | 130111 |
|  # | Shougang Fushan Resources Group Ltd. | 956375 | 303073 |
|  \* | Shun Tak Holdings Ltd. | 546000 | 39377 |
|  W | Simcere Pharmaceutical Group Ltd. | 179000 | 202370 |
|  | Singamas Container Holdings Ltd. | 570000 | 44680 |
|  | Sino Land Co. Ltd. | 699955 | 719344 |
|  | Sinotruk Hong Kong Ltd. | 254500 | 611538 |
|  | SITC International Holdings Co. Ltd. | 410000 | 1135275 |
|  #\* | SJM Holdings Ltd. | 565499 | 157760 |
|  | SmarTone Telecommunications Holdings Ltd. | 138000 | 75576 |
|  #\* | SMI Holdings Group Ltd. | 1 | 0 |
|  \* | Solomon Systech International Ltd. | 524000 | 26266 |
|  | Soundwill Holdings Ltd. | 41000 | 43109 |
|  | Stella International Holdings Ltd. | 173500 | 310612 |
|  | Sun Art Retail Group Ltd. | 703000 | 167776 |
|  | Sun Hung Kai & Co. Ltd. | 211000 | 81666 |
|  | Sun Hung Kai Properties Ltd. | 76500 | 725711 |
|  | SUNeVision Holdings Ltd. | 246000 | 205683 |
|  | Swire Pacific Ltd. (19 HK), Class A | 69000 | 596689 |
|  | Swire Pacific Ltd. (87 HK), Class B | 47500 | 65377 |
|  | Swire Properties Ltd. | 90000 | 198897 |
|  | TAI Cheung Holdings Ltd. | 108000 | 41110 |
|  \*†† | Tech-Pro, Inc. | 1538000 | 0 |
|  | Techtronic Industries Co. Ltd. | 95000 | 956078 |
|  \* | Television Broadcasts Ltd. | 110900 | 44206 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  | Texhong International Group Ltd. | 122000 | $53120 |
|  | Texwinca Holdings Ltd. | 332000 | 24507 |
|  # | Theme International Holdings Ltd. | 1660000 | 83447 |
|  | Tian An China Investment Co. Ltd. | 148000 | 81493 |
|  | Tianjin Development Holdings Ltd. | 46000 | 11314 |
|  \* | Tongda Group Holdings Ltd. | 2489999 | 24080 |
|  | Town Health International Medical Group Ltd. | 254000 | 8140 |
|  | Tradelink Electronic Commerce Ltd. | 290000 | 35569 |
|  | Transport International Holdings Ltd. | 78266 | 90910 |
|  | United Laboratories International Holdings Ltd. | 452000 | 810013 |
|  #†† | Untrade.China Dili | 715599 | 11423 |
|  \*†† | Untrade.Genting | 188000 | 0 |
|  \* | Value Partners Group Ltd. | 303000 | 53064 |
|  | Vesync Co. Ltd. | 44000 | 31600 |
|  | Vitasoy International Holdings Ltd. | 220000 | 283451 |
|  | Viva Goods Co. Ltd. | 344000 | 15931 |
|  \* | Vobile Group Ltd. | 236000 | 99137 |
|  | VSTECS Holdings Ltd. | 350000 | 269482 |
|  | VTech Holdings Ltd. | 55300 | 371514 |
|  W | WH Group Ltd. | 2130632 | 1905227 |
|  | Wharf Holdings Ltd. | 332000 | 833951 |
|  | Wharf Real Estate Investment Co. Ltd. | 201000 | 480701 |
|  | Wing Tai Properties Ltd. | 52000 | 9753 |
|  | Wynn Macau Ltd. | 292400 | 194656 |
|  \* | Xingye Alloy Materials Group Ltd. | 86000 | 10965 |
|  # | Xinyi Glass Holdings Ltd. | 662054 | 619869 |
|  | Yue Yuen Industrial Holdings Ltd. | 300000 | 430709 |
|  # | Yuexiu Property Co. Ltd. | 544800 | 328804 |
|  | Yuexiu Services Group Ltd. | 142500 | 52843 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  \* | Zensun Enterprises Ltd. | 135000 | $1511 |
|  TOTAL HONG KONG | TOTAL HONG KONG |  | 64323065 |
|  HUNGARY — (0.1%) | HUNGARY — (0.1%) |  |  |
|  \* | 4iG Nyrt | 16803 | 84749 |
|  | ANY Security Printing Co. | 215 | 3722 |
|  | Magyar Telekom Telecommunications PLC | 100745 | 476365 |
|  | MOL Hungarian Oil & Gas PLC | 89300 | 756166 |
|  | Opus Global Nyrt | 27448 | 42366 |
|  | OTP Bank Nyrt | 21980 | 1623619 |
|  | Richter Gedeon Nyrt | 6597 | 200078 |
|  TOTAL HUNGARY | TOTAL HUNGARY |  | 3187065 |
|  INDIA — (5.6%) | INDIA — (5.6%) |  |  |
|  | 360 ONE WAM Ltd. | 36444 | 421919 |
|  \* | 3i Infotech Ltd. | 27169 | 7384 |
|  | 3M India Ltd. | 64 | 22767 |
|  | Aarti Drugs Ltd. | 15323 | 63421 |
|  | Aarti Industries Ltd. | 40532 | 201380 |
|  | Aarti Pharmalabs Ltd. | 11960 | 101304 |
|  \* | Aavas Financiers Ltd. | 4162 | 95148 |
|  | ABB India Ltd. | 3063 | 198529 |
|  | Abbott India Ltd. | 863 | 306870 |
|  | ACC Ltd. | 17719 | 393128 |
|  | Accelya Solutions India Ltd. | 740 | 11706 |
|  | Action Construction Equipment Ltd. | 11951 | 165932 |
|  \* | Adani Energy Solutions Ltd. | 18111 | 191003 |
|  | Adani Enterprises Ltd. | 4425 | 119919 |
|  \* | Adani Green Energy Ltd. | 9405 | 99453 |
|  | Adani Ports & Special Economic Zone Ltd. | 44017 | 632890 |
|  \* | Adani Power Ltd. | 77143 | 482402 |
|  | Adani Total Gas Ltd. | 15559 | 109594 |
|  | ADF Foods Ltd. | 11330 | 29665 |
|  \* | Aditya Birla Capital Ltd. | 190334 | 440819 |
|  \* | Aditya Birla Fashion & Retail Ltd. | 37022 | 114634 |
|  | Aditya Birla Real Estate Ltd. | 10267 | 233485 |
|  | Advanced Enzyme Technologies Ltd. | 14719 | 49780 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Aegis Logistics Ltd. | 45524 | $418136 |
|  | Agarwal Industrial Corp. Ltd. | 1662 | 19359 |
|  | AGI Greenpac Ltd. | 11207 | 107992 |
|  | Ahluwalia Contracts India Ltd. | 9019 | 90724 |
|  | AIA Engineering Ltd. | 10045 | 375428 |
|  | Ajanta Pharma Ltd. | 17411 | 554294 |
|  | Ajmera Realty & Infra India Ltd. | 1123 | 10884 |
|  | Akzo Nobel India Ltd. | 2300 | 92980 |
|  | Alembic Ltd. | 28091 | 33227 |
|  | Alembic Pharmaceuticals Ltd. | 25708 | 264703 |
|  | Alkem Laboratories Ltd. | 6176 | 371154 |
|  | Alkyl Amines Chemicals | 3302 | 66540 |
|  | Allcargo Logistics Ltd. | 125488 | 43880 |
|  \* | Allcargo Terminals Ltd. | 31372 | 9187 |
|  | Allied Digital Services Ltd. | 4502 | 9904 |
|  | Amara Raja Energy & Mobility Ltd. | 26543 | 305271 |
|  | Ambuja Cements Ltd. | 59988 | 381172 |
|  | Anant Raj Ltd. | 34045 | 181292 |
|  | Andhra Paper Ltd. | 11595 | 10135 |
|  | Andhra Sugars Ltd. | 28073 | 23296 |
|  | Angel One Ltd. | 5945 | 162939 |
|  | Anup Engineering Ltd. | 1045 | 37035 |
|  | Apar Industries Ltd. | 4455 | 295174 |
|  | Apcotex Industries Ltd. | 3910 | 14173 |
|  | APL Apollo Tubes Ltd. | 38497 | 730523 |
|  | Apollo Hospitals Enterprise Ltd. | 13609 | 1123709 |
|  | Apollo Tyres Ltd. | 127582 | 710072 |
|  | Arvind Fashions Ltd. | 19213 | 90273 |
|  | Arvind Ltd. | 61309 | 261383 |
|  | Asahi India Glass Ltd. | 21844 | 190606 |
|  \* | Ashapura Minechem Ltd. | 7479 | 29351 |
|  | Ashiana Housing Ltd. | 8633 | 27539 |
|  | Ashok Leyland Ltd. | 388726 | 1040957 |
|  \* | Ashoka Buildcon Ltd. | 45156 | 98656 |
|  \* | Asian Granito India Ltd. | 16696 | 8897 |
|  | Asian Paints Ltd. | 22765 | 651321 |
|  W | Aster DM Healthcare Ltd. | 42764 | 256503 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Astra Microwave Products Ltd. | 16150 | $157121 |
|  | Astral Ltd. | 18825 | 298466 |
|  | AstraZeneca Pharma India Ltd. | 1165 | 119136 |
|  | Atul Ltd. | 3539 | 281276 |
|  W | AU Small Finance Bank Ltd. | 27468 | 219686 |
|  \* | Aurobindo Pharma Ltd. | 93734 | 1358502 |
|  | Automotive Axles Ltd. | 1309 | 25648 |
|  | Avanti Feeds Ltd. | 11662 | 120044 |
|  \*W | Avenue Supermarts Ltd. | 1757 | 86611 |
|  | Axis Bank Ltd. (AXSB IN) | 231314 | 3240560 |
|  \* | AXISCADES Technologies Ltd. | 4798 | 46326 |
|  | Bajaj Auto Ltd. | 5840 | 553804 |
|  \* | Bajaj Consumer Care Ltd. | 17197 | 33733 |
|  | Bajaj Finance Ltd. | 30422 | 3096605 |
|  | Bajaj Finserv Ltd. | 24550 | 566876 |
|  \* | Bajaj Hindusthan Sugar Ltd. | 308050 | 70626 |
|  | Bajaj Holdings & Investment Ltd. | 5386 | 767261 |
|  | Balaji Amines Ltd. | 4219 | 63281 |
|  | Balkrishna Industries Ltd. | 18116 | 572367 |
|  | Balmer Lawrie & Co. Ltd. | 31202 | 73146 |
|  | Balrampur Chini Mills Ltd. | 73082 | 474124 |
|  | Banco Products India Ltd. | 13958 | 60471 |
|  W | Bandhan Bank Ltd. | 81388 | 158865 |
|  | Bank of Baroda | 192236 | 568085 |
|  | Bank of India | 99928 | 136109 |
|  | Bank of Maharashtra | 340405 | 203206 |
|  | Bannari Amman Sugars Ltd. | 790 | 38651 |
|  | BASF India Ltd. | 3176 | 163783 |
|  | Bata India Ltd. | 11145 | 158354 |
|  | Bayer CropScience Ltd. | 2238 | 123892 |
|  | BCL Industries Ltd. | 25237 | 11166 |
|  | BEML Ltd. | 2685 | 101062 |
|  | Berger Paints India Ltd. | 41751 | 268573 |
|  \* | BF Utilities Ltd. | 4868 | 40688 |
|  | Bhansali Engineering Polymers Ltd. | 21684 | 27928 |
|  | Bharat Bijlee Ltd. | 2736 | 93904 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Bharat Dynamics Ltd. | 2585 | $46019 |
|  | Bharat Electronics Ltd. | 289753 | 1073798 |
|  | Bharat Forge Ltd. | 56042 | 731585 |
|  | Bharat Heavy Electricals Ltd. | 171255 | 456957 |
|  | Bharat Petroleum Corp. Ltd. | 154900 | 567307 |
|  | Bharat Rasayan Ltd. | 275 | 30912 |
|  \* | Bharat Wire Ropes Ltd. | 6995 | 14249 |
|  | Bharti Airtel Ltd. | 234504 | 5145833 |
|  | Biocon Ltd. | 14258 | 54029 |
|  | Birla Corp. Ltd. | 9881 | 124362 |
|  | BirlaNu Ltd. | 1370 | 30608 |
|  | Birlasoft Ltd. | 67428 | 310955 |
|  \* | Black Box Ltd. | 6786 | 29865 |
|  | Blue Dart Express Ltd. | 1965 | 144798 |
|  | Blue Star Ltd. | 18366 | 370903 |
|  | Bluspring Enterprises Ltd. | 19671 | 44816 |
|  | Bombay Burmah Trading Co. | 7042 | 154880 |
|  | Bombay Dyeing & Manufacturing Co. Ltd. | 40613 | 62201 |
|  \* | Borosil Ltd. | 2074 | 7765 |
|  \* | Borosil Scientific Ltd. | 1555 | 2412 |
|  | Bosch Ltd. | 334 | 115424 |
|  | Brigade Enterprises Ltd. | 28660 | 346431 |
|  \* | Brightcom Group Ltd. | 2124 | 258 |
|  | Britannia Industries Ltd. | 12482 | 800062 |
|  | BSE Ltd. | 10161 | 766105 |
|  \* | Camlin Fine Sciences Ltd. | 5254 | 10140 |
|  | Can Fin Homes Ltd. | 29945 | 252797 |
|  | Canara Bank | 481695 | 553858 |
|  | Cantabil Retail India Ltd. | 4199 | 11632 |
|  \* | Capacit'e Infraprojects Ltd. | 8742 | 36633 |
|  | Caplin Point Laboratories Ltd. | 7151 | 157551 |
|  | Carborundum Universal Ltd. | 22029 | 265570 |
|  | Care Ratings Ltd. | 5502 | 79167 |
|  \* | Cartrade Tech Ltd. | 2615 | 52937 |
|  | Carysil Ltd. | 1277 | 9199 |
|  | Castrol India Ltd. | 146405 | 341134 |
|  | CCL Products India Ltd. | 29206 | 202219 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | CE Info Systems Ltd. | 2255 | $47418 |
|  | Ceat Ltd. | 9078 | 353032 |
|  | Central Depository Services India Ltd. | 37632 | 586590 |
|  | Centum Electronics Ltd. | 361 | 7176 |
|  | Century Enka Ltd. | 5766 | 35009 |
|  | Century Plyboards India Ltd. | 21503 | 177648 |
|  | Cera Sanitaryware Ltd. | 1968 | 124270 |
|  | CESC Ltd. | 157900 | 294149 |
|  | CG Power & Industrial Solutions Ltd. | 87042 | 642608 |
|  \* | Chalet Hotels Ltd. | 7284 | 67643 |
|  | Chambal Fertilisers & Chemicals Ltd. | 65205 | 532452 |
|  \* | Chemplast Sanmar Ltd. | 7729 | 37115 |
|  | Chennai Petroleum Corp. Ltd. | 12277 | 87634 |
|  \* | Choice International Ltd. | 10011 | 72284 |
|  | Cholamandalam Financial Holdings Ltd. | 31559 | 695655 |
|  | Cholamandalam Investment & Finance Co. Ltd. | 88373 | 1560884 |
|  | CIE Automotive India Ltd. | 39842 | 189469 |
|  | Cipla Ltd. | 103155 | 1892846 |
|  | City Union Bank Ltd. | 137091 | 285315 |
|  | CMS Info Systems Ltd. | 2724 | 14084 |
|  | Coal India Ltd. | 117329 | 532919 |
|  W | Cochin Shipyard Ltd. | 4869 | 91487 |
|  | Coforge Ltd. | 8045 | 698563 |
|  | Colgate-Palmolive India Ltd. | 23255 | 709843 |
|  | Computer Age Management Services Ltd. | 15653 | 718610 |
|  | Confidence Petroleum India Ltd. | 13575 | 8281 |
|  | Container Corp. of India Ltd. | 49306 | 391999 |
|  | Coromandel International Ltd. | 36743 | 962701 |
|  | Cosmo First Ltd. | 5608 | 39004 |
|  | CreditAccess Grameen Ltd. | 8631 | 110255 |
|  | CRISIL Ltd. | 6494 | 342291 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Crompton Greaves Consumer Electricals Ltd. | 134422 | $536157 |
|  \* | CSB Bank Ltd. | 12954 | 54287 |
|  | Cummins India Ltd. | 10803 | 369073 |
|  | Cyient Ltd. | 19478 | 272651 |
|  \*W | D.P. Abhushan Ltd. | 235 | 3939 |
|  | Dabur India Ltd. | 29050 | 167160 |
|  | Dalmia Bharat Ltd. | 15075 | 345166 |
|  | Dalmia Bharat Sugar & Industries Ltd. | 7147 | 31624 |
|  | Datamatics Global Services Ltd. | 3343 | 23345 |
|  | DB Corp. Ltd. | 20803 | 59932 |
|  | DCB Bank Ltd. | 64869 | 103038 |
|  | DCM Shriram Industries Ltd. | 4675 | 9906 |
|  | DCM Shriram Ltd. | 19345 | 228187 |
|  \* | DCW Ltd. | 49031 | 45782 |
|  | Deepak Fertilisers & Petrochemicals Corp. Ltd. | 19971 | 301784 |
|  | Deepak Nitrite Ltd. | 12191 | 278930 |
|  | Delta Corp. Ltd. | 32285 | 35319 |
|  \* | Dhani Services Ltd. | 83065 | 56500 |
|  | Dhanuka Agritech Ltd. | 5532 | 85082 |
|  | Digitide Solutions Ltd. | 19671 | 37281 |
|  W | Dilip Buildcon Ltd. | 15884 | 79522 |
|  \* | Dish TV India Ltd. | 343258 | 19573 |
|  \* | Dishman Carbogen Amcis Ltd. | 27694 | 63010 |
|  | Divi's Laboratories Ltd. | 6321 | 453987 |
|  | Dixon Technologies India Ltd. | 9427 | 1831940 |
|  | DLF Ltd. | 58375 | 462825 |
|  | Dollar Industries Ltd. | 2788 | 12617 |
|  W | Dr. Lal PathLabs Ltd. | 10564 | 344291 |
|  # | Dr. Reddy's Laboratories Ltd., ADR | 75557 | 1051753 |
|  | Dr. Reddy's Laboratories Ltd. (DRRD IN) | 76660 | 1072089 |
|  \* | Dwarikesh Sugar Industries Ltd. | 22415 | 10591 |
|  | Dynamatic Technologies Ltd. | 1057 | 78531 |
|  | eClerx Services Ltd. | 13635 | 402103 |
|  | Edelweiss Financial Services Ltd. | 141455 | 132465 |
|  | Eicher Motors Ltd. | 14278 | 941325 |
|  \* | EID Parry India Ltd. | 27575 | 266135 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | EIH Associated Hotels | 7004 | $29096 |
|  | EIH Ltd. | 48193 | 211013 |
|  | Eimco Elecon India Ltd. | 301 | 6238 |
|  | Elecon Engineering Co. Ltd. | 18744 | 120494 |
|  | Electrosteel Castings Ltd. | 143137 | 164172 |
|  | Elgi Equipments Ltd. | 39675 | 208502 |
|  | Emami Ltd. | 64593 | 473230 |
|  \* | Embassy Developments Ltd. | 108361 | 125257 |
|  W | Endurance Technologies Ltd. | 6331 | 140514 |
|  | Engineers India Ltd. | 88087 | 185228 |
|  | Epigral Ltd. | 4041 | 82924 |
|  | EPL Ltd. | 35420 | 79393 |
|  W | Equitas Small Finance Bank Ltd. | 103405 | 81566 |
|  | Eris Lifesciences Ltd. | 11309 | 192881 |
|  | ESAB India Ltd. | 1538 | 83721 |
|  | Escorts Kubota Ltd. | 7522 | 288469 |
|  \* | Eternal Ltd. | 99545 | 271176 |
|  | Eveready Industries India Ltd. | 747 | 2868 |
|  | Everest Industries Ltd. | 1905 | 11177 |
|  | Excel Industries Ltd. | 1267 | 15904 |
|  | Exide Industries Ltd. | 132617 | 545572 |
|  | Fairchem Organics Ltd. | 494 | 4867 |
|  | FDC Ltd. | 17971 | 89527 |
|  | Federal Bank Ltd. | 595372 | 1382304 |
|  \* | Federal-Mogul Goetze India Ltd. | 2733 | 10681 |
|  | FIEM Industries Ltd. | 3998 | 67775 |
|  | Filatex India Ltd. | 59200 | 29549 |
|  | Fine Organic Industries Ltd. | 2629 | 128191 |
|  | Fineotex Chemical Ltd. | 4855 | 13643 |
|  | Finolex Cables Ltd. | 22825 | 233720 |
|  | Finolex Industries Ltd. | 77237 | 158906 |
|  | Firstsource Solutions Ltd. | 78315 | 312004 |
|  | Force Motors Ltd. | 3168 | 334259 |
|  | Fortis Healthcare Ltd. | 67018 | 539184 |
|  | Gabriel India Ltd. | 27470 | 175226 |
|  | GAIL India Ltd. (GAIL IN) | 498685 | 1108639 |
|  | Galaxy Surfactants Ltd. | 2459 | 60531 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  \* | Ganesh Benzoplast Ltd. | 12237 | $17753 |
|  | Ganesh Housing Corp. Ltd. | 5906 | 75900 |
|  | Ganesha Ecosphere Ltd. | 592 | 10140 |
|  | Garware Technical Fibres Ltd. | 20415 | 206835 |
|  | Gateway Distriparks Ltd. | 127292 | 89887 |
|  | GE Vernova T&D India Ltd. | 16366 | 299849 |
|  | Geojit Financial Services Ltd. | 22705 | 19990 |
|  | GHCL Ltd. | 23955 | 164182 |
|  | GHCL Textiles Ltd. | 23955 | 22383 |
|  | GIC Housing Finance Ltd. | 18109 | 37535 |
|  | Gillette India Ltd. | 2294 | 217996 |
|  | GlaxoSmithKline Pharmaceuticals Ltd. | 8551 | 296871 |
|  | Glenmark Pharmaceuticals Ltd. | 32843 | 534989 |
|  \* | Global Health Ltd. | 4856 | 68926 |
|  | GM Breweries Ltd. | 1738 | 13743 |
|  | GMM Pfaudler Ltd. | 1759 | 21314 |
|  \* | GMR Airports Ltd. | 254718 | 261715 |
|  | GOCL Corp. Ltd. | 2447 | 8165 |
|  | Godawari Power & Ispat Ltd. | 85030 | 181014 |
|  | Godfrey Phillips India Ltd. | 5565 | 535726 |
|  W | Godrej Agrovet Ltd. | 5445 | 49092 |
|  | Godrej Consumer Products Ltd. | 35807 | 535520 |
|  \* | Godrej Industries Ltd. | 28056 | 359178 |
|  \* | Godrej Properties Ltd. | 7841 | 198266 |
|  \* | Gokaldas Exports Ltd. | 1867 | 18751 |
|  | Goldiam International Ltd. | 61 | 262 |
|  | Granules India Ltd. | 56623 | 303250 |
|  | Graphite India Ltd. | 29629 | 159579 |
|  | Grasim Industries Ltd. | 47552 | 1534428 |
|  | Grauer & Weil India Ltd. | 25612 | 25557 |
|  | Gravita India Ltd. | 5903 | 122184 |
|  | Great Eastern Shipping Co. Ltd. | 40133 | 413439 |
|  | Greaves Cotton Ltd. | 36228 | 84083 |
|  | Greenlam Industries Ltd. | 14666 | 35763 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Greenpanel Industries Ltd. | 16581 | $46215 |
|  | Greenply Industries Ltd. | 16548 | 56734 |
|  | Grindwell Norton Ltd. | 8987 | 178682 |
|  | Gufic Biosciences Ltd. | 1603 | 6915 |
|  | Gujarat Alkalies & Chemicals Ltd. | 11750 | 84274 |
|  | Gujarat Ambuja Exports Ltd. | 72824 | 101451 |
|  | Gujarat Fluorochemicals Ltd. | 9285 | 421619 |
|  | Gujarat Gas Ltd. | 24930 | 131450 |
|  | Gujarat Industries Power Co. Ltd. | 12468 | 26764 |
|  | Gujarat Mineral Development Corp. Ltd. | 43682 | 156313 |
|  | Gujarat Narmada Valley Fertilizers & Chemicals Ltd. | 28954 | 166676 |
|  | Gujarat Pipavav Port Ltd. | 78226 | 123842 |
|  | Gujarat State Fertilizers & Chemicals Ltd. | 65661 | 144361 |
|  | Gujarat State Petronet Ltd. | 109563 | 414272 |
|  | Gulf Oil Lubricants India Ltd. | 4483 | 63080 |
|  W | Harsha Engineers Ltd. | 3373 | 15112 |
|  | Hatsun Agro Product Ltd. | 19342 | 208405 |
|  | Havells India Ltd. | 37085 | 702235 |
|  | HBL Engineering Ltd. | 65276 | 371231 |
|  | HCL Technologies Ltd. | 125194 | 2305786 |
|  W | HDFC Asset Management Co. Ltd. | 12817 | 663543 |
|  | HDFC Bank Ltd. | 284137 | 6437444 |
|  W | HDFC Life Insurance Co. Ltd. | 22041 | 194121 |
|  \* | HealthCare Global Enterprises Ltd. | 9266 | 62254 |
|  | HEG Ltd. | 29265 | 160775 |
|  | HeidelbergCement India Ltd. | 24203 | 54636 |
|  | Heritage Foods Ltd. | 15124 | 70042 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Hero MotoCorp Ltd. (HMCL IN) | 29861 | $1355976 |
|  | Hester Biosciences Ltd. | 1115 | 23392 |
|  \* | Heubach Colorants India Ltd. | 1829 | 12693 |
|  | HFCL Ltd. | 235479 | 219876 |
|  | HG Infra Engineering Ltd. | 5215 | 66322 |
|  | Hikal Ltd. | 13133 | 60172 |
|  | Himadri Speciality Chemical Ltd. | 68255 | 351879 |
|  | Himatsingka Seide Ltd. | 8151 | 13494 |
|  | Hindalco Industries Ltd. | 279844 | 2054739 |
|  | Hinduja Global Solutions Ltd. | 6335 | 36679 |
|  | Hindustan Aeronautics Ltd. | 25408 | 1344976 |
|  \* | Hindustan Construction Co. Ltd. | 210610 | 64077 |
|  | Hindustan Copper Ltd. | 65061 | 163694 |
|  \* | Hindustan Oil Exploration Co. Ltd. | 11080 | 24005 |
|  | Hindustan Petroleum Corp. Ltd. | 141325 | 628811 |
|  | Hindustan Unilever Ltd. | 36054 | 998136 |
|  | Hitachi Energy India Ltd. | 598 | 101808 |
|  | HI-Tech Pipes Ltd. | 12979 | 13912 |
|  | Hle Glascoat Ltd. | 1465 | 4724 |
|  W | Home First Finance Co. India Ltd. | 2525 | 37143 |
|  | Honda India Power Products Ltd. | 1245 | 30096 |
|  | HPL Electric & Power Ltd. | 2975 | 14216 |
|  | Huhtamaki India Ltd. | 7123 | 16103 |
|  | ICICI Bank Ltd. (IBN US), Sponsored ADR | 255427 | 8572130 |
|  | ICICI Bank Ltd. (ICICIBC IN) | 128348 | 2153356 |
|  W | ICICI Lombard General Insurance Co. Ltd. | 10884 | 241640 |
|  W | ICICI Prudential Life Insurance Co. Ltd. | 17268 | 125146 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | ICRA Ltd. | 930 | $61180 |
|  \* | IDFC First Bank Ltd. | 1647992 | 1268586 |
|  \* | IFB Industries Ltd. | 1075 | 16443 |
|  | IFGL Refractories Ltd. | 793 | 3286 |
|  | IIFL Capital Services Ltd. | 40597 | 106028 |
|  \* | IIFL Finance Ltd. | 61664 | 261096 |
|  \* | India Cements Ltd. | 40895 | 149100 |
|  | India Glycols Ltd. | 4576 | 75189 |
|  | India Nippon Electricals Ltd. | 818 | 5762 |
|  | India Power Corp. Ltd. | 95714 | 14381 |
|  | Indian Bank | 65141 | 433067 |
|  W | Indian Energy Exchange Ltd. | 127492 | 287884 |
|  | Indian Hotels Co. Ltd. | 59960 | 557406 |
|  | Indian Metals & Ferro Alloys Ltd. | 2769 | 19351 |
|  | Indian Oil Corp. Ltd. | 177575 | 288232 |
|  | Indian Railway Catering & Tourism Corp. Ltd. | 39483 | 349991 |
|  W | Indian Railway Finance Corp. Ltd. | 141713 | 207750 |
|  | Indo Count Industries Ltd. | 29913 | 106703 |
|  | Indoco Remedies Ltd. | 6213 | 16940 |
|  | Indraprastha Gas Ltd. | 124532 | 282270 |
|  \* | Indus Towers Ltd. | 268556 | 1288817 |
|  | IndusInd Bank Ltd. | 35507 | 350372 |
|  | Infibeam Avenues Ltd. | 338796 | 68483 |
|  | Info Edge India Ltd. | 9935 | 830174 |
|  | Infosys Ltd. (INFO IN) | 301896 | 5306301 |
|  | Ingersoll Rand India Ltd. | 2188 | 96832 |
|  \* | Inox Wind Ltd. | 45516 | 90406 |
|  | Insecticides India Ltd. | 1658 | 13526 |
|  | Intellect Design Arena Ltd. | 19043 | 176944 |
|  \*W | InterGlobe Aviation Ltd. | 14591 | 906500 |
|  | IOL Chemicals & Pharmaceuticals Ltd. | 44275 | 33598 |
|  | ION Exchange India Ltd. | 9414 | 55685 |
|  | Ipca Laboratories Ltd. | 27394 | 448994 |
|  | IRB Infrastructure Developers Ltd. | 370150 | 199132 |
|  W | IRCON International Ltd. | 85488 | 153658 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | ISGEC Heavy Engineering Ltd. | 2547 | $33807 |
|  \* | ITC Hotels Ltd. | 40888 | 94017 |
|  | ITC Ltd. | 408889 | 2054887 |
|  | ITD Cementation India Ltd. | 28429 | 162718 |
|  | J Kumar Infraprojects Ltd. | 14754 | 115186 |
|  | Jagran Prakashan Ltd. | 29376 | 25170 |
|  | Jai Corp. Ltd. | 15752 | 16548 |
|  \* | Jain Irrigation Systems Ltd. | 105210 | 65670 |
|  \* | Jaiprakash Power Ventures Ltd. | 829868 | 142707 |
|  | Jammu & Kashmir Bank Ltd. | 173236 | 194114 |
|  | Jamna Auto Industries Ltd. | 27803 | 26328 |
|  | JB Chemicals & Pharmaceuticals Ltd. | 21236 | 405157 |
|  | JBM Auto Ltd. | 4806 | 36745 |
|  | Jindal Poly Films Ltd. | 2062 | 15421 |
|  | Jindal Saw Ltd. | 136410 | 399752 |
|  | Jindal Stainless Ltd. | 171783 | 1179873 |
|  | Jindal Steel & Power Ltd. | 101206 | 1071472 |
|  \* | Jio Financial Services Ltd. | 235961 | 725019 |
|  | JK Cement Ltd. | 9251 | 558798 |
|  | JK Lakshmi Cement Ltd. | 16149 | 146818 |
|  | JK Paper Ltd. | 39899 | 148031 |
|  | JK Tyre & Industries Ltd. | 44973 | 164865 |
|  | JM Financial Ltd. | 126883 | 150780 |
|  | JSW Energy Ltd. | 37102 | 210095 |
|  | JSW Steel Ltd. | 69904 | 850133 |
|  | JTEKT India Ltd. | 16195 | 27199 |
|  | Jubilant Foodworks Ltd. | 100705 | 849879 |
|  | Jubilant Ingrevia Ltd. | 25905 | 198433 |
|  | Jubilant Pharmova Ltd. | 24138 | 252538 |
|  \* | Just Dial Ltd. | 7669 | 84183 |
|  | Jyothy Labs Ltd. | 46607 | 205125 |
|  | Kajaria Ceramics Ltd. | 35331 | 334789 |
|  | Kalpataru Projects International Ltd. | 26041 | 297764 |
|  | Kalyan Jewellers India Ltd. | 20187 | 122710 |
|  | Kalyani Steels Ltd. | 8932 | 73486 |
|  | Kamdhenu Ltd. | 11930 | 3807 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Kansai Nerolac Paints Ltd. | 18894 | $57298 |
|  | Karnataka Bank Ltd. | 111612 | 258960 |
|  | Karur Vysya Bank Ltd. | 162946 | 419956 |
|  | Kaveri Seed Co. Ltd. | 8491 | 143584 |
|  | KCP Ltd. | 18420 | 43327 |
|  | KDDL Ltd. | 536 | 16411 |
|  | KEC International Ltd. | 39834 | 329587 |
|  | KEI Industries Ltd. | 14956 | 539145 |
|  \* | Kellton Tech Solutions Ltd. | 10745 | 13557 |
|  | Kennametal India Ltd. | 1297 | 31701 |
|  \* | Kewal Kiran Clothing Ltd. | 3299 | 17425 |
|  \* | Kiri Industries Ltd. | 4565 | 31711 |
|  | Kirloskar Brothers Ltd. | 6585 | 133219 |
|  | Kirloskar Oil Engines Ltd. | 21264 | 187450 |
|  | Kirloskar Pneumatic Co. Ltd. | 1534 | 20408 |
|  | KNR Constructions Ltd. | 54457 | 140297 |
|  | Kolte-Patil Developers Ltd. | 10501 | 41945 |
|  | Kopran Ltd. | 5260 | 12061 |
|  | Kotak Mahindra Bank Ltd. | 41331 | 1077235 |
|  | KPIT Technologies Ltd. | 47929 | 706670 |
|  | KPR Mill Ltd. | 43921 | 519597 |
|  | KRBL Ltd. | 12438 | 45874 |
|  \*W | Krishna Institute of Medical Sciences Ltd. | 14480 | 112091 |
|  | Krsnaa Diagnostics Ltd. | 3815 | 33048 |
|  | KSB Ltd. | 19515 | 167680 |
|  | Ksolves India Ltd. | 1380 | 7024 |
|  | L&T Finance Ltd. | 231511 | 449885 |
|  W | L&T Technology Services Ltd. | 5604 | 282417 |
|  | LA Opala RG Ltd. | 1909 | 5153 |
|  | Larsen & Toubro Ltd. | 27381 | 1080243 |
|  W | Laurus Labs Ltd. | 66647 | 475062 |
|  | Laxmi Organic Industries Ltd. | 3180 | 6551 |
|  \*W | Lemon Tree Hotels Ltd. | 47536 | 76405 |
|  | LG Balakrishnan & Bros Ltd. | 7963 | 111701 |
|  | LIC Housing Finance Ltd. | 110169 | 782345 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Lincoln Pharmaceuticals Ltd. | 1483 | $9925 |
|  | Linde India Ltd. | 2015 | 150929 |
|  | LMW Ltd. | 771 | 147777 |
|  | LT Foods Ltd. | 41256 | 168647 |
|  W | LTIMindtree Ltd. | 14151 | 765459 |
|  | Lumax Auto Technologies Ltd. | 10082 | 61985 |
|  | Lumax Industries Ltd. | 1052 | 29298 |
|  | Lupin Ltd. | 62163 | 1543083 |
|  | LUX Industries Ltd. | 1387 | 22483 |
|  | Mahanagar Gas Ltd. | 12194 | 193236 |
|  | Maharashtra Scooters Ltd. | 487 | 65829 |
|  | Maharashtra Seamless Ltd. | 18958 | 146489 |
|  | Mahindra & Mahindra Financial Services Ltd. | 160349 | 496320 |
|  | Mahindra & Mahindra Ltd. | 71093 | 2455351 |
|  \* | Mahindra Holidays & Resorts India Ltd. | 34822 | 127295 |
|  | Mahindra Lifespace Developers Ltd. | 27548 | 111638 |
|  W | Mahindra Logistics Ltd. | 9557 | 34269 |
|  | Maithan Alloys Ltd. | 2030 | 22257 |
|  \* | Man Industries India Ltd. | 2266 | 7331 |
|  | Man Infraconstruction Ltd. | 30854 | 55726 |
|  | Manali Petrochemicals Ltd. | 12348 | 7864 |
|  | Manappuram Finance Ltd. | 235523 | 641799 |
|  | Mangalam Cement Ltd. | 2293 | 20815 |
|  | Mangalore Refinery & Petrochemicals Ltd. | 40362 | 63986 |
|  | Marico Ltd. | 106063 | 889891 |
|  | Marksans Pharma Ltd. | 74161 | 191364 |
|  | Maruti Suzuki India Ltd. | 4897 | 707579 |
|  W | MAS Financial Services Ltd. | 17424 | 54984 |
|  | Mastek Ltd. | 4519 | 112196 |
|  \* | Max Estates Ltd. | 6858 | 33165 |
|  | Max Healthcare Institute Ltd. | 28599 | 370850 |
|  \* | Max India Ltd. | 2849 | 6396 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Mayur Uniquoters Ltd. | 8317 | $45300 |
|  | Mazagon Dock Shipbuilders Ltd. | 4176 | 150780 |
|  W | Medi Assist Healthcare Services Ltd. | 3525 | 18722 |
|  \* | Meghmani Organics Ltd. | 33015 | 26544 |
|  \*W | Metropolis Healthcare Ltd. | 7719 | 155452 |
|  | Minda Corp. Ltd. | 11926 | 68732 |
|  W | Mishra Dhatu Nigam Ltd. | 14607 | 52964 |
|  | MM Forgings Ltd. | 7250 | 29186 |
|  | MOIL Ltd. | 22181 | 82783 |
|  | Monte Carlo Fashions Ltd. | 3649 | 24656 |
|  \* | Morepen Laboratories Ltd. | 106810 | 75755 |
|  | Motherson Sumi Wiring India Ltd. | 543670 | 358041 |
|  | Motilal Oswal Financial Services Ltd. | 49532 | 382115 |
|  | Mphasis Ltd. | 33542 | 974380 |
|  | MPS Ltd. | 256 | 6849 |
|  | MRF Ltd. | 693 | 1100340 |
|  | Mrs Bectors Food Specialities Ltd. | 6046 | 106030 |
|  | MSTC Ltd. | 7750 | 46907 |
|  | Muthoot Finance Ltd. | 66141 | 1696124 |
|  \* | Nalwa Sons Investments Ltd. | 187 | 15287 |
|  | Narayana Hrudayalaya Ltd. | 24947 | 514425 |
|  | Natco Pharma Ltd. | 20784 | 209030 |
|  | National Aluminium Co. Ltd. | 319195 | 589977 |
|  | National Fertilizers Ltd. | 35078 | 34875 |
|  | Nava Ltd. | 55260 | 297502 |
|  | Navin Fluorine International Ltd. | 1510 | 80649 |
|  | Navneet Education Ltd. | 38450 | 64804 |
|  \* | Nazara Technologies Ltd. | 4090 | 48614 |
|  | NCC Ltd. | 133271 | 333226 |
|  | NCL Industries Ltd. | 8249 | 20514 |
|  | NELCO Ltd. | 3872 | 37646 |
|  | Neogen Chemicals Ltd. | 1069 | 19402 |
|  | NESCO Ltd. | 8606 | 95773 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Nestle India Ltd. | 23081 | $650133 |
|  | Neuland Laboratories Ltd. | 1127 | 159449 |
|  | Newgen Software Technologies Ltd. | 4385 | 51175 |
|  | NHPC Ltd. | 332705 | 335870 |
|  | NIIT Learning Systems Ltd. | 25172 | 110948 |
|  | NIIT Ltd. | 36661 | 55947 |
|  | Nilkamal Ltd. | 2650 | 50268 |
|  W | Nippon Life India Asset Management Ltd. | 24720 | 185020 |
|  | Nitin Spinners Ltd. | 8550 | 35473 |
|  | NLC India Ltd. | 66590 | 179132 |
|  | NMDC Ltd. | 788721 | 603679 |
|  \* | NMDC Steel Ltd. | 262907 | 109398 |
|  | NOCIL Ltd. | 39174 | 81316 |
|  | Novartis India Ltd. | 1821 | 16529 |
|  | NRB Bearings Ltd. | 20512 | 52697 |
|  | NTPC Ltd. | 245260 | 1025053 |
|  | Nucleus Software Exports Ltd. | 3058 | 31374 |
|  | Nuvama Wealth Management Ltd. | 1578 | 114525 |
|  | Oberoi Realty Ltd. | 36793 | 712510 |
|  \* | Odigma Consultancy Solutions Ltd. | 3806 | 1640 |
|  | Oil & Natural Gas Corp. Ltd. | 129321 | 372624 |
|  | Oil India Ltd. | 85333 | 413331 |
|  \* | Onesource Specialty Pharma Ltd. | 9739 | 186309 |
|  | Oracle Financial Services Software Ltd. | 5863 | 603692 |
|  | Orient Cement Ltd. | 38546 | 158991 |
|  | Orient Electric Ltd. | 29101 | 79953 |
|  \* | Orient Green Power Co. Ltd. | 135608 | 19709 |
|  | Oriental Hotels Ltd. | 5689 | 9556 |
|  | Page Industries Ltd. | 938 | 501880 |
|  | Paisalo Digital Ltd. | 133713 | 50910 |
|  | Panama Petrochem Ltd. | 5121 | 22175 |
|  W | Parag Milk Foods Ltd., Class F | 9183 | 19550 |
|  | Patanjali Foods Ltd. | 5883 | 132226 |
|  \* | Patel Engineering Ltd. | 182926 | 92632 |
|  \* | PB Fintech Ltd. | 11473 | 220637 |
|  \* | PC Jeweller Ltd. | 661290 | 95711 |
|  | PCBL Chemical Ltd. | 61168 | 258858 |
|  \* | Peninsula Land Ltd. | 21403 | 7163 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  \* | Pennar Industries Ltd. | 19375 | $42006 |
|  | Persistent Systems Ltd. | 21594 | 1350712 |
|  | Petronet LNG Ltd. | 282882 | 1048725 |
|  | PG Electroplast Ltd. | 15159 | 152145 |
|  | Phoenix Mills Ltd. | 23628 | 458849 |
|  | PI Industries Ltd. | 13700 | 587841 |
|  | Pidilite Industries Ltd. | 15447 | 554607 |
|  | Piramal Enterprises Ltd. | 28361 | 323271 |
|  | Piramal Pharma Ltd. | 130810 | 326840 |
|  | Pitti Engineering Ltd. | 587 | 6590 |
|  | PNB Gilts Ltd. | 10371 | 12015 |
|  \*W | PNB Housing Finance Ltd. | 40860 | 489953 |
|  | PNC Infratech Ltd. | 41157 | 129115 |
|  | Poly Medicure Ltd. | 5713 | 174405 |
|  | Polycab India Ltd. | 6068 | 394317 |
|  | Polyplex Corp. Ltd. | 6105 | 88086 |
|  \* | Poonawalla Fincorp Ltd. | 59773 | 265857 |
|  | Power Finance Corp. Ltd. | 421622 | 2032784 |
|  | Power Grid Corp. of India Ltd. | 318901 | 1149752 |
|  | Power Mech Projects Ltd. | 3950 | 123363 |
|  | Praj Industries Ltd. | 36615 | 200211 |
|  | Prakash Industries Ltd. | 57269 | 116395 |
|  | Prakash Pipes Ltd. | 1197 | 5829 |
|  W | Prataap Snacks Ltd. | 2707 | 38789 |
|  | Precision Wires India Ltd. | 13794 | 21746 |
|  | Prestige Estates Projects Ltd. | 37413 | 604780 |
|  \* | Pricol Ltd. | 26229 | 136004 |
|  | Prince Pipes & Fittings Ltd. | 10574 | 31565 |
|  \* | Prism Johnson Ltd. | 43150 | 62957 |
|  | Privi Speciality Chemicals Ltd. | 2218 | 52079 |
|  | Procter & Gamble Health Ltd. | 2614 | 156463 |
|  | Procter & Gamble Hygiene & Health Care Ltd. | 1703 | 287508 |
|  \* | PSP Projects Ltd. | 3112 | 23358 |
|  | PTC India Ltd. | 99145 | 207104 |
|  | Punjab National Bank | 271706 | 321168 |
|  W | Quess Corp. Ltd. | 19671 | 76445 |
|  | R Systems International Ltd. | 4412 | 16352 |
|  | Radico Khaitan Ltd. | 16391 | 473175 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Rail Vikas Nigam Ltd. | 7351 | $30338 |
|  | Rain Industries Ltd. | 61259 | 101930 |
|  \* | Rajesh Exports Ltd. | 25906 | 55390 |
|  | Rallis India Ltd. | 18917 | 53016 |
|  | Ramco Cements Ltd. | 27322 | 304568 |
|  | Ramco Industries Ltd. | 13704 | 37237 |
|  | Ramkrishna Forgings Ltd. | 26858 | 188918 |
|  | Rane Holdings Ltd. | 2514 | 38117 |
|  | Rashtriya Chemicals & Fertilizers Ltd. | 55235 | 88991 |
|  | Ratnamani Metals & Tubes Ltd. | 6518 | 208674 |
|  \* | RattanIndia Power Ltd. | 284216 | 33428 |
|  \* | Raymond Lifestyle Ltd. | 11795 | 134077 |
|  | Raymond Ltd. | 14744 | 265218 |
|  W | RBL Bank Ltd. | 172102 | 405363 |
|  | REC Ltd. | 477632 | 2370818 |
|  | Redington Ltd. | 224470 | 650468 |
|  | Redtape Ltd. | 44420 | 69264 |
|  | Relaxo Footwears Ltd. | 10941 | 52770 |
|  | Reliance Industrial Infrastructure Ltd. | 2215 | 22244 |
|  | Reliance Industries Ltd. (RIL IN) | 471922 | 7780174 |
|  \* | Reliance Infrastructure Ltd. | 40867 | 122703 |
|  \* | Reliance Power Ltd. | 916309 | 432728 |
|  \* | Religare Enterprises Ltd. | 4652 | 11596 |
|  | Repco Home Finance Ltd. | 12674 | 59961 |
|  | Rico Auto Industries Ltd. | 31447 | 23684 |
|  | RITES Ltd. | 28740 | 76531 |
|  | Route Mobile Ltd. | 6917 | 77903 |
|  | RPG Life Sciences Ltd. | 1466 | 36317 |
|  \* | RSWM Ltd. | 12203 | 20891 |
|  | Sagar Cements Ltd. | 10335 | 25768 |
|  \*W | Salasar Techno Engineering Ltd. | 137948 | 14070 |
|  | Sammaan Capital Ltd. | 107599 | 153987 |
|  | Samvardhana Motherson International Ltd. | 563014 | 886245 |
|  | Sandhar Technologies Ltd. | 3136 | 13693 |
|  | Sandur Manganese & Iron Ores Ltd. | 7163 | 38672 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Sangam India Ltd. | 553 | $2551 |
|  | Sanghvi Movers Ltd. | 6740 | 21102 |
|  | Sanofi Consumer Healthcare India Ltd. | 2438 | 142183 |
|  | Sanofi India Ltd. | 2438 | 171352 |
|  W | Sansera Engineering Ltd. | 3442 | 43773 |
|  \* | Sapphire Foods India Ltd. | 20690 | 77531 |
|  | Sarda Energy & Minerals Ltd. | 27550 | 147851 |
|  | Saregama India Ltd. | 7539 | 46641 |
|  | Sasken Technologies Ltd. | 899 | 16147 |
|  \* | Satin Creditcare Network Ltd. | 3262 | 6345 |
|  | Savita Oil Technologies Ltd. | 6016 | 26380 |
|  | SBI Cards & Payment Services Ltd. | 16690 | 171792 |
|  W | SBI Life Insurance Co. Ltd. | 35186 | 734008 |
|  | Schaeffler India Ltd. | 5290 | 216566 |
|  \* | Schneider Electric Infrastructure Ltd. | 15960 | 109159 |
|  \* | SEAMEC Ltd. | 1720 | 19848 |
|  \* | SEPC Ltd. | 313749 | 52139 |
|  \* | Sequent Scientific Ltd. | 15132 | 25687 |
|  | Seshasayee Paper & Boards Ltd. | 6832 | 21857 |
|  W | SH Kelkar & Co. Ltd. | 18152 | 42675 |
|  | Shalby Ltd. | 4833 | 10718 |
|  | Shankara Building Products Ltd. | 1193 | 8545 |
|  | Shanthi Gears Ltd. | 4322 | 24377 |
|  | Sharda Cropchem Ltd. | 10452 | 67595 |
|  | Sharda Motor Industries Ltd. | 1355 | 27373 |
|  | Share India Securities Ltd. | 25090 | 43916 |
|  \* | Shilpa Medicare Ltd. | 10216 | 77894 |
|  | Shipping Corp. of India Land & Assets Ltd. | 59327 | 33430 |
|  | Shipping Corp. of India Ltd. | 70639 | 148023 |
|  \* | Shoppers Stop Ltd. | 11621 | 70190 |
|  | Shree Cement Ltd. | 713 | 250917 |
|  | Shriram Finance Ltd. | 339070 | 2446296 |
|  | Shriram Pistons & Rings Ltd. | 2248 | 47938 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Siemens Energy India Ltd. | 1925 | $56466 |
|  | Siemens Ltd. | 1925 | 65530 |
|  \* | SIS Ltd. | 17346 | 69304 |
|  | Siyaram Silk Mills Ltd. | 4520 | 35342 |
|  | SJS Enterprises Ltd. | 3196 | 35125 |
|  | SKF India Ltd. | 6048 | 277664 |
|  | Skipper Ltd. | 5063 | 27255 |
|  | Sobha Ltd. | 8818 | 138293 |
|  | Solar Industries India Ltd. | 6105 | 949271 |
|  \* | Solara Active Pharma Sciences Ltd. | 4763 | 27848 |
|  | Somany Ceramics Ltd. | 5724 | 28542 |
|  | Sonata Software Ltd. | 64634 | 319285 |
|  | South Indian Bank Ltd. | 648890 | 197243 |
|  \* | Spandana Sphoorty Financial Ltd. | 630 | 2046 |
|  | SRF Ltd. | 24207 | 860130 |
|  \* | Star Cement Ltd. | 20987 | 54490 |
|  | State Bank of India (SBID LI), GDR | 490 | 45752 |
|  | State Bank of India (SBIN IN) | 114695 | 1069779 |
|  | State Bank of India (SBKFF US), GDR | 2177 | 202896 |
|  | Steel Authority of India Ltd. | 331912 | 444817 |
|  \* | Sterlite Technologies Ltd. | 52825 | 38537 |
|  | STL Networks Ltd. | 52825 | 16169 |
|  | Strides Pharma Science Ltd. | 19479 | 148213 |
|  \* | Stylam Industries Ltd. | 1806 | 33605 |
|  | Styrenix Performance Materials Ltd. | 603 | 19530 |
|  \* | Subex Ltd. | 85031 | 12117 |
|  | Subros Ltd. | 10122 | 71924 |
|  | Sudarshan Chemical Industries Ltd. | 12850 | 154679 |
|  | Sumitomo Chemical India Ltd. | 18532 | 111119 |
|  | Sun Pharmaceutical Industries Ltd. (SUNP IN) | 39264 | 846606 |
|  | Sun TV Network Ltd. | 29483 | 216062 |
|  | Sundaram Finance Ltd. | 12288 | 761326 |
|  | Sundaram-Clayton Ltd. | 1656 | 38807 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Sundram Fasteners Ltd. | 23120 | $250465 |
|  | Sundrop Brands Ltd. | 1165 | 10623 |
|  \* | Sunflag Iron & Steel Co. Ltd. | 5016 | 13834 |
|  | Sunteck Realty Ltd. | 21380 | 101431 |
|  | Suprajit Engineering Ltd. | 20062 | 91143 |
|  | Supreme Industries Ltd. | 13018 | 544661 |
|  | Supreme Petrochem Ltd. | 22062 | 170404 |
|  | Surya Roshni Ltd. | 27536 | 83395 |
|  \* | Suryoday Small Finance Bank Ltd. | 15323 | 23122 |
|  \* | Sutlej Textiles & Industries Ltd. | 15372 | 6732 |
|  \* | Suven Pharmaceuticals Ltd. | 53829 | 723654 |
|  \* | Suzlon Energy Ltd. | 775346 | 513333 |
|  | Swaraj Engines Ltd. | 1425 | 68763 |
|  W | Syngene International Ltd. | 25178 | 187473 |
|  | TAJGVK Hotels & Resorts Ltd. | 3470 | 16728 |
|  | Talbros Automotive Components Ltd. | 2544 | 7518 |
|  | Tamil Nadu Newsprint & Papers Ltd. | 15403 | 24045 |
|  | Tamilnadu Petroproducts Ltd. | 8299 | 7311 |
|  | Tanla Platforms Ltd. | 13276 | 74897 |
|  \* | TARC Ltd. | 44042 | 80521 |
|  | Tata Chemicals Ltd. | 56836 | 561168 |
|  | Tata Communications Ltd. | 25494 | 477724 |
|  | Tata Consultancy Services Ltd. | 67519 | 2738641 |
|  | Tata Consumer Products Ltd. | 48093 | 660307 |
|  | Tata Elxsi Ltd. | 6826 | 463111 |
|  | Tata Motors Ltd. | 242466 | 1845608 |
|  | Tata Power Co. Ltd. | 176417 | 799658 |
|  | Tata Steel Ltd. | 1475346 | 2446566 |
|  | TCI Express Ltd. | 3754 | 30226 |
|  | TD Power Systems Ltd. | 29800 | 150953 |
|  \* | TeamLease Services Ltd. | 973 | 21643 |
|  | Tech Mahindra Ltd. | 45211 | 801472 |
|  | Techno Electric & Engineering Co. Ltd. | 12589 | 157965 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Tega Industries Ltd. | 421 | $6699 |
|  | Texmaco Rail & Engineering Ltd. | 49331 | 78746 |
|  | Thanga Mayil Jewellery Ltd. | 1650 | 40986 |
|  | Thejo Engineering Ltd. | 612 | 12914 |
|  | Themis Medicare Ltd. | 3727 | 5658 |
|  | Thermax Ltd. | 2584 | 100280 |
|  | Thirumalai Chemicals Ltd. | 17134 | 50113 |
|  | Thomas Cook India Ltd. | 36462 | 57920 |
|  W | Thyrocare Technologies Ltd. | 4402 | 45605 |
|  | Tilaknagar Industries Ltd. | 20689 | 69644 |
|  | Time Technoplast Ltd. | 52285 | 207575 |
|  | Timken India Ltd. | 5493 | 159349 |
|  | Titagarh Rail System Ltd. | 16029 | 141312 |
|  | Titan Co. Ltd. | 27228 | 1080281 |
|  | Torrent Pharmaceuticals Ltd. | 20591 | 810834 |
|  | Torrent Power Ltd. | 39877 | 722433 |
|  | Tourism Finance Corp. of India Ltd. | 21611 | 50682 |
|  | TransIndia Real Estate Ltd. | 31372 | 12487 |
|  | Transport Corp. of India Ltd. | 9892 | 121546 |
|  | Trent Ltd. | 10624 | 644676 |
|  | Trident Ltd. | 309053 | 97753 |
|  | Triveni Engineering & Industries Ltd. | 37325 | 180521 |
|  | Triveni Turbine Ltd. | 9150 | 55675 |
|  | TTK Healthcare Ltd. | 475 | 6703 |
|  | TTK Prestige Ltd. | 10094 | 72485 |
|  | Tube Investments of India Ltd. | 34835 | 1188889 |
|  | TVS Holdings Ltd. | 1656 | 178142 |
|  | TVS Motor Co. Ltd. | 47653 | 1496387 |
|  | TVS Srichakra Ltd. | 1447 | 48827 |
|  | Uflex Ltd. | 11771 | 77049 |
|  \* | Ugro Capital Ltd. | 16837 | 34737 |
|  W | Ujjivan Small Finance Bank Ltd. | 115379 | 58012 |
|  | UltraTech Cement Ltd. | 4812 | 662747 |
|  \* | Unichem Laboratories Ltd. | 9550 | 67964 |
|  | Union Bank of India Ltd. | 199983 | 296724 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | United Breweries Ltd. | 3175 | $80636 |
|  | United Spirits Ltd. | 47033 | 864891 |
|  | UNO Minda Ltd. | 56378 | 591190 |
|  \* | UPL Ltd. | 218380 | 1670886 |
|  \* | Urja Global Ltd. | 81988 | 12869 |
|  | Usha Martin Ltd. | 48729 | 167317 |
|  | UTI Asset Management Co. Ltd. | 14793 | 177473 |
|  \* | VA Tech Wabag Ltd. | 14418 | 220232 |
|  | Vadilal Industries Ltd. | 532 | 39834 |
|  | Vaibhav Global Ltd. | 17605 | 45308 |
|  \* | Valor Estate Ltd. | 24477 | 50497 |
|  | Vardhman Special Steels Ltd. | 2805 | 7965 |
|  | Vardhman Textiles Ltd. | 42592 | 227438 |
|  \*W | Varroc Engineering Ltd. | 13072 | 66774 |
|  | Varun Beverages Ltd. | 111631 | 685700 |
|  \* | Vascon Engineers Ltd. | 4992 | 2336 |
|  | Vedanta Ltd. | 338403 | 1672333 |
|  | Veedol Corporation Ltd. | 1030 | 17888 |
|  | Venky's India Ltd. | 1715 | 34190 |
|  | Vesuvius India Ltd. | 3188 | 175259 |
|  | V-Guard Industries Ltd. | 35226 | 150186 |
|  | Vinati Organics Ltd. | 9924 | 189928 |
|  | Vindhya Telelinks Ltd. | 2575 | 40562 |
|  | Vishnu Chemicals Ltd. | 4745 | 23825 |
|  \* | VL E-Governance & IT Solutions Ltd. | 22171 | 12602 |
|  \* | Vodafone Idea Ltd. | 1722808 | 145106 |
|  | Voltamp Transformers Ltd. | 1363 | 117771 |
|  | Voltas Ltd. | 15818 | 231148 |
|  | VRL Logistics Ltd. | 10687 | 57501 |
|  | VST Industries Ltd. | 18447 | 63275 |
|  | VST Tillers Tractors Ltd. | 975 | 40767 |
|  | Welspun Corp. Ltd. | 50380 | 455998 |
|  | Welspun Enterprises Ltd. | 19817 | 111015 |
|  | Welspun Living Ltd. | 145325 | 216913 |
|  | West Coast Paper Mills Ltd. | 12552 | 66270 |
|  \* | Westlife Foodworld Ltd. | 15854 | 123915 |
|  | Whirlpool of India Ltd. | 4402 | 65122 |
|  | Wipro Ltd. | 203012 | 578140 |
|  \* | Wockhardt Ltd. | 12157 | 186870 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Wonderla Holidays Ltd. | 6827 | $54453 |
|  \* | Yes Bank Ltd. | 644005 | 135094 |
|  | Zee Entertainment Enterprises Ltd. | 288808 | 361425 |
|  \* | Zee Media Corp. Ltd. | 107388 | 17869 |
|  | Zen Technologies Ltd. | 1800 | 29996 |
|  | Zensar Technologies Ltd. | 38222 | 326399 |
|  | Zydus Lifesciences Ltd. | 35739 | 375061 |
|  | Zydus Wellness Ltd. | 4155 | 86520 |
|  TOTAL INDIA | TOTAL INDIA |  | 244912773 |
|  INDONESIA — (0.4%) | INDONESIA — (0.4%) |  |  |
|  | ABM Investama Tbk. PT | 144100 | 28838 |
|  | AKR Corporindo Tbk. PT | 2259700 | 171503 |
|  \* | Alam Sutera Realty Tbk. PT | 4051400 | 31261 |
|  | Alamtri Resources Indonesia Tbk. PT | 5126900 | 587287 |
|  \* | Amman Mineral Internasional PT | 37000 | 15889 |
|  | Aneka Tambang Tbk. PT | 2057846 | 268972 |
|  \*†† | Armidian Karyatama Tbk. PT | 544900 | 0 |
|  | Arwana Citramulia Tbk. PT | 1326700 | 46923 |
|  | Aspirasi Hidup Indonesia Tbk. PT | 1894100 | 60982 |
|  | Astra Agro Lestari Tbk. PT | 162100 | 58076 |
|  | Astra International Tbk. PT | 2946600 | 851644 |
|  | Astra Otoparts Tbk. PT | 396000 | 52011 |
|  | Avia Avian Tbk. PT | 1776600 | 44596 |
|  | Bank Amar Indonesia Tbk. PT | 503666 | 5100 |
|  | Bank BTPN Syariah Tbk. PT | 875500 | 62506 |
|  \* | Bank Bukopin Tbk. PT | 7881856 | 28924 |
|  | Bank Central Asia Tbk. PT | 2994300 | 1592040 |
|  \* | Bank China Construction Bank Indonesia Tbk. PT | 2812000 | 11532 |
|  \* | Bank Jago Tbk. PT | 90400 | 10075 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  | Bank Mandiri Persero Tbk. PT | 7948300 | $2347192 |
|  \* | Bank Mayapada International Tbk. PT | 3615992 | 42864 |
|  | Bank Maybank Indonesia Tbk. PT | 1445900 | 17922 |
|  \* | Bank Nationalnobu Tbk. PT | 660077 | 25269 |
|  | Bank Negara Indonesia Persero Tbk. PT | 1852100 | 466728 |
|  \* | Bank Neo Commerce Tbk. PT | 2633900 | 41278 |
|  | Bank OCBC Nisp Tbk. PT | 796500 | 62605 |
|  \* | Bank Pan Indonesia Tbk. PT | 1432900 | 138851 |
|  | Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk. PT | 1027143 | 53548 |
|  \* | Bank Pembangunan Daerah Jawa Timur Tbk. PT | 1259300 | 39436 |
|  | Bank Rakyat Indonesia Persero Tbk. PT | 3556134 | 823635 |
|  | Bank Syariah Indonesia Tbk. PT | 1150660 | 197905 |
|  | Bank Tabungan Negara Persero Tbk. PT | 1901692 | 120886 |
|  | Barito Pacific Tbk. PT | 1357382 | 60892 |
|  | Barito Renewables Energy Tbk. PT | 44000 | 15943 |
|  | BFI Finance Indonesia Tbk. PT | 2834600 | 149781 |
|  | BISI International Tbk. PT | 199000 | 12114 |
|  | Blue Bird Tbk. PT | 168500 | 17583 |
|  \* | Buana Lintas Lautan Tbk. PT | 3163100 | 22296 |
|  \* | Bukalapak.com Tbk. PT | 18275600 | 159886 |
|  | Bukit Asam Tbk. PT | 1380500 | 229575 |
|  | Buma Internasional Grup Tbk. PT | 1774400 | 43008 |
|  \* | Bumi Resources Minerals Tbk. PT | 11350900 | 261710 |
|  \* | Bumi Resources Tbk. PT | 27890000 | 179559 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  \* | Bumi Serpong Damai Tbk. PT | 1770300 | $92242 |
|  \* | Capital Financial Indonesia Tbk. PT | 1344700 | 64874 |
|  \* | Cemindo Gemilang PT | 689100 | 36110 |
|  | Charoen Pokphand Indonesia Tbk. PT | 774400 | 220823 |
|  W | Cikarang Listrindo Tbk. PT | 409000 | 17491 |
|  | Ciputra Development Tbk. PT | 3329947 | 184591 |
|  | Cisarua Mountain Dairy Tbk. PT | 127100 | 35059 |
|  \* | Citra Marga Nusaphala Persada Tbk. PT | 166518 | 14022 |
|  | Dayamitra Telekomunikasi PT | 3553900 | 132647 |
|  | Dharma Satya Nusantara Tbk. PT | 1298400 | 59860 |
|  \* | Dian Swastatika Sentosa Tbk. PT | 57900 | 158706 |
|  | Elang Mahkota Teknologi Tbk. PT | 3429100 | 110770 |
|  | Elnusa Tbk. PT | 1799200 | 50087 |
|  \* | Energi Mega Persada Tbk. PT | 1478800 | 17203 |
|  | Erajaya Swasembada Tbk. PT | 3182500 | 89200 |
|  | ESSA Industries Indonesia Tbk. PT | 2653700 | 96722 |
|  | Gajah Tunggal Tbk. PT | 649500 | 43063 |
|  | Garudafood Putra Putri Jaya Tbk. PT | 2647400 | 61568 |
|  | Golden Energy Mines Tbk. PT | 31000 | 17279 |
|  \* | Gudang Garam Tbk. PT | 171300 | 103396 |
|  | Hillcon Tbk. PT | 412000 | 7894 |
|  | Impack Pratama Industri Tbk. PT | 1776300 | 35941 |
|  | Indah Kiat Pulp & Paper Tbk. PT | 759900 | 235939 |
|  | Indika Energy Tbk. PT | 744800 | 64881 |
|  | Indo Tambangraya Megah Tbk. PT | 148900 | 197385 |
|  | Indocement Tunggal Prakarsa Tbk. PT | 321400 | 103603 |
|  | Indofood CBP Sukses Makmur Tbk. PT | 142700 | 97522 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  | Indofood Sukses Makmur Tbk. PT | 1133000 | $546528 |
|  | Indomobil Sukses Internasional Tbk. PT | 398300 | 20783 |
|  | Indosat Tbk. PT | 1060400 | 111621 |
|  | Industri Jamu Dan Farmasi Sido Muncul Tbk. PT | 2745376 | 98421 |
|  \*†† | Inti Agri Resources Tbk. PT | 532800 | 0 |
|  \* | Intiland Development Tbk. PT | 873100 | 8096 |
|  | Japfa Comfeed Indonesia Tbk. PT | 2060300 | 226044 |
|  | Jasa Marga Persero Tbk. PT | 453104 | 116897 |
|  | Jaya Real Property Tbk. PT | 957600 | 40978 |
|  | Kalbe Farma Tbk. PT | 1747300 | 144021 |
|  \* | Kawasan Industri Jababeka Tbk. PT | 5806510 | 60540 |
|  \* | Lippo Karawaci Tbk. PT | 10772700 | 59774 |
|  | Map Aktif Adiperkasa PT | 3306300 | 129365 |
|  | Matahari Department Store Tbk. PT | 289600 | 30661 |
|  | Mayora Indah Tbk. PT | 1004900 | 137985 |
|  | MD Entertainment Tbk. PT | 131900 | 20076 |
|  | Medco Energi Internasional Tbk. PT | 3468500 | 219431 |
|  \* | Media Nusantara Citra Tbk. PT | 2673600 | 42260 |
|  | Medikaloka Hermina Tbk. PT | 2104600 | 143419 |
|  \* | Merdeka Battery Materials Tbk. PT | 1685100 | 31546 |
|  \* | Merdeka Copper Gold Tbk. PT | 756542 | 76151 |
|  \* | Metro Healthcare Indonesia Tbk. PT | 1818200 | 22806 |
|  | Metrodata Electronics Tbk. PT | 1934000 | 65181 |
|  | Mitra Adiperkasa Tbk. PT | 3535200 | 291063 |
|  | Mitra Keluarga Karyasehat Tbk. PT | 457700 | 69196 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  | Mitra Pinasthika Mustika Tbk. PT | 655500 | $40740 |
|  \* | MNC Digital Entertainment Tbk. PT | 311000 | 8848 |
|  \* | MNC Land Tbk. PT | 19621000 | 146628 |
|  | Pabrik Kertas Tjiwi Kimia Tbk. PT | 465600 | 143822 |
|  \* | Pacific Strategic Financial Tbk. PT | 719300 | 48067 |
|  | Pakuwon Jati Tbk. PT | 5543900 | 127430 |
|  \* | Panin Financial Tbk. PT | 5284100 | 122958 |
|  | Pantai Indah Kapuk Dua Tbk. PT | 70500 | 48409 |
|  | Perusahaan Gas Negara Tbk. PT | 1682000 | 170684 |
|  | Perusahaan Perkebunan London Sumatra Indonesia Tbk. PT | 1050200 | 74015 |
|  | Petrindo Jaya Kreasi Tbk. PT | 264200 | 113422 |
|  | Petrosea Tbk. PT | 659800 | 113362 |
|  \*†† | Pool Advista Indonesia Tbk. PT | 107000 | 60 |
|  | Prodia Widyahusada Tbk. PT | 24600 | 4119 |
|  \* | Puradelta Lestari Tbk. PT | 3333600 | 34915 |
|  \*†† | Rimo International Lestari Tbk. PT | 17222700 | 0 |
|  | Rukun Raharja Tbk. PT | 207100 | 27099 |
|  | Salim Ivomas Pratama Tbk. PT | 629100 | 15610 |
|  | Samudera Indonesia Tbk. PT | 2565000 | 39271 |
|  \* | Sarana Meditama Metropolitan Tbk. PT | 1026800 | 19065 |
|  | Sarana Menara Nusantara Tbk. PT | 6082900 | 208773 |
|  | Sariguna Primatirta Tbk. PT | 789100 | 68032 |
|  | Sawit Sumbermas Sarana Tbk. PT | 1061600 | 99853 |
|  \*†† | Sekawan Intipratama Tbk. PT | 253200 | 0 |
|  | Selamat Sempurna Tbk. PT | 783200 | 84094 |
|  | Semen Indonesia Persero Tbk. PT | 1178810 | 185800 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  | Siloam International Hospitals Tbk. PT | 323168 | $50595 |
|  \*†† | Sri Rejeki Isman Tbk. PT | 5584400 | 9209 |
|  | Sumber Alfaria Trijaya Tbk. PT | 2295700 | 297189 |
|  | Sumber Tani Agung Resources Tbk. PT | 228700 | 12473 |
|  | Summarecon Agung Tbk. PT | 3451323 | 89707 |
|  | Surya Citra Media Tbk. PT | 4617500 | 56811 |
|  | Surya Semesta Internusa Tbk. PT | 1950500 | 99228 |
|  # | Telkom Indonesia Persero Tbk. PT (TLK US), ADR | 4314 | 67428 |
|  | Telkom Indonesia Persero Tbk. PT (TLKM IJ) | 3061700 | 482581 |
|  | Temas Tbk. PT | 3424000 | 28650 |
|  | Tempo Scan Pacific Tbk. PT | 231900 | 36890 |
|  \* | Timah Tbk. PT | 691000 | 49520 |
|  | Tower Bersama Infrastructure Tbk. PT | 418300 | 50018 |
|  \*†† | Trada Alam Minera Tbk. PT | 8033600 | 0 |
|  | Transcoal Pacific Tbk. PT | 253700 | 85133 |
|  \* | Trimegah Sekuritas Indonesia Tbk. PT | 503900 | 10939 |
|  | Triputra Agro Persada PT | 1565000 | 91974 |
|  | Tunas Baru Lampung Tbk. PT | 1173914 | 48806 |
|  | Ultrajaya Milk Industry & Trading Co. Tbk. PT | 494600 | 41290 |
|  | Unilever Indonesia Tbk. PT | 1364300 | 140735 |
|  | United Tractors Tbk. |  |  |
|  | PT | 501600 | 685496 |
|  \* | Vale Indonesia Tbk. PT | 609045 | 91310 |
|  \* | Waskita Beton Precast Tbk. PT | 628800 | 577 |
|  \*†† | Waskita Karya Persero Tbk. PT | 3327686 | 7594 |
|  \* | Wijaya Karya Persero Tbk. PT | 2883734 | 35439 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  | XLSMART Telecom Sejahtera Tbk. PT | 1664429 | $215488 |
|  TOTAL INDONESIA | TOTAL INDONESIA | TOTAL INDONESIA | 19250502 |
|  IRELAND — (0.5%) | IRELAND — (0.5%) |  |  |
|  | AIB Group PLC | 487941 | 3279481 |
|  | Bank of Ireland Group PLC | 329794 | 3872267 |
|  | C&C Group PLC | 95878 | 176110 |
|  | Cairn Homes PLC | 192959 | 425094 |
|  | Dalata Hotel Group PLC | 79144 | 453610 |
|  | DCC PLC | 27217 | 1778845 |
|  | FBD Holdings PLC (FBD ID) | 12798 | 186564 |
|  \* | Flutter Entertainment PLC | 6500 | 1577622 |
|  | Glanbia PLC (GLB ID) | 68599 | 888027 |
|  \*W | Glenveagh Properties PLC | 186836 | 350177 |
|  | Grafton Group PLC, CDI | 62669 | 758612 |
|  | Greencore Group PLC | 150318 | 370670 |
|  | Irish Continental Group PLC (IR5B ID) | 43924 | 255880 |
|  \* | James Hardie Industries PLC (JHX AU), CDI | 49200 | 1154832 |
|  \* | James Hardie Industries PLC (JHX US), Sponsored ADR | 645 | 15312 |
|  | Kerry Group PLC (KYGA ID), Class A | 8041 | 851234 |
|  | Kingspan Group PLC (KSP ID) | 35278 | 2976914 |
|  \* | Permanent TSB Group Holdings PLC | 27099 | 47438 |
|  | Smurfit WestRock PLC | 18755 | 788085 |
|  TOTAL IRELAND | TOTAL IRELAND | TOTAL IRELAND | 20206774 |
|  ISRAEL — (0.7%) | ISRAEL — (0.7%) |  |  |
|  \* | Adgar Investment & Development Ltd. | 20210 | 23687 |
|  \* | AFI Properties Ltd. | 3808 | 192638 |
|  | Africa Israel Residences Ltd. | 1024 | 67748 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) |  |  |
|  \* | Airport City Ltd. | 13537 | $201214 |
|  \* | Allot Ltd. | 4114 | 24306 |
|  | Alony Hetz Properties & Investments Ltd. | 23769 | 198531 |
|  \* | Alrov Properties & Lodgings Ltd. | 2536 | 135661 |
|  | Amos Luzon Development & Energy Group Ltd. | 42724 | 32431 |
|  | Amot Investments Ltd. | 14608 | 77299 |
|  | Analyst IMS Investment Management Services Ltd. | 1267 | 31412 |
|  | Arad Ltd. | 4947 | 70093 |
|  #\* | Ashdod Refinery Ltd. | 1690 | 27766 |
|  # | Ashtrom Group Ltd. | 8814 | 138605 |
|  | AudioCodes Ltd. (AUDC US) | 7330 | 68755 |
|  | Aura Investments Ltd. | 12697 | 66578 |
|  | Automatic Bank Services Ltd. | 5810 | 35921 |
|  | Azorim-Investment Development & Construction Co. Ltd. | 9305 | 42876 |
|  | Azrieli Group Ltd. | 1691 | 123112 |
|  | Bank Hapoalim BM | 144881 | 2125200 |
|  | Bank Leumi Le-Israel BM | 212296 | 3014821 |
|  \* | Bet Shemesh Engines Holdings 1997 Ltd. | 1819 | 243439 |
|  | Bezeq The Israeli Telecommunication Corp. Ltd. | 239336 | 363943 |
|  \* | Big Shopping Centers Ltd. | 1233 | 180032 |
|  | Blue Square Real Estate Ltd. | 1552 | 132170 |
|  \* | Brainsway Ltd. (BWAY IT) | 3422 | 15352 |
|  # | Camtek Ltd. | 1451 | 96353 |
|  | Carasso Motors Ltd. | 9772 | 75260 |
|  \* | Cellcom Israel Ltd. (CEL IT) | 48962 | 310049 |
|  \* | Ceragon Networks Ltd. | 10169 | 22168 |
|  | Clal Insurance Enterprises Holdings Ltd. | 23464 | 643808 |
|  | Cohen Development Gas & Oil Ltd. | 260 | 11876 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) |  |  |
|  \* | Compugen Ltd. | 10412 | $15003 |
|  | Danel Adir Yeoshua Ltd. | 2031 | 219501 |
|  | Danya Cebus Ltd. | 1918 | 55338 |
|  \* | Delek Automotive Systems Ltd. | 6426 | 46310 |
|  | Delek Group Ltd. | 2779 | 443377 |
|  | Delta Galil Ltd. | 5326 | 251138 |
|  | Delta Israel Brands Ltd. | 1199 | 27034 |
|  | Diplomat Holdings Ltd. | 1100 | 12661 |
|  | Direct Finance of Direct Group 2006 Ltd. | 165 | 24559 |
|  \* | Dor Alon Energy in Israel 1988 Ltd. | 1403 | 45417 |
|  \* | Doral Group Renewable Energy Resources Ltd. | 18496 | 61565 |
|  | Duniec Brothers Ltd. | 917 | 55307 |
|  \* | El Al Israel Airlines | 55931 | 170954 |
|  | Elbit Systems Ltd. (ESLT US) | 421 | 167343 |
|  | Electra Consumer Products 1970 Ltd. | 1849 | 50922 |
|  # | Electra Ltd. | 555 | 293588 |
|  | Electra Real Estate Ltd. | 5456 | 67707 |
|  #\* | Electreon Wireless Ltd. | 604 | 13212 |
|  | Energix-Renewable Energies Ltd. | 25821 | 76472 |
|  \* | Enlight Renewable Energy Ltd. (ENLT IT) | 3423 | 55442 |
|  \* | Enlight Renewable Energy Ltd. (ENLT US) | 2601 | 42422 |
|  \* | Equital Ltd. | 7659 | 287256 |
|  \* | Fattal Holdings 1998 Ltd. | 1780 | 232460 |
|  | First International Bank of Israel Ltd. | 14348 | 788055 |
|  | FMS Enterprises Migun Ltd. | 1064 | 51331 |
|  | Formula Systems 1985 Ltd. (FORTY IT) | 2636 | 232735 |
|  | Fox Wizel Ltd. | 3553 | 298835 |
|  | Gav-Yam Lands Corp. Ltd. | 14707 | 130759 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) |  |  |
|  \* | Gilat Satellite Networks Ltd. | 8621 | $54685 |
|  \* | Hagag Group Real Estate Development | 11912 | 54769 |
|  #\* | Hamat Group Ltd. | 5314 | 19533 |
|  | Harel Insurance Investments & Financial Services Ltd. | 26685 | 443557 |
|  | Hilan Ltd. | 5415 | 345723 |
|  # | Hiper Global Ltd. | 1464 | 6337 |
|  | ICL Group Ltd. | 43607 | 291095 |
|  | IDI Insurance Co. Ltd. | 3452 | 161663 |
|  \* | IES Holdings Ltd. | 852 | 50764 |
|  | Ilex Medical Ltd. | 1583 | 26229 |
|  | Inrom Construction Industries Ltd. | 34898 | 146266 |
|  | Isracard Ltd. | 61649 | 290319 |
|  | Israel Canada TR Ltd. | 12755 | 41517 |
|  | Israel Discount Bank Ltd., Class A | 168812 | 1260938 |
|  | Israel Shipyards Industries Ltd. | 1705 | 61704 |
|  | Isras Investment Co. Ltd. | 667 | 143848 |
|  | Issta Ltd. | 2735 | 62639 |
|  | Kamada Ltd. (KMDA IT) | 2220 | 14454 |
|  \* | Kamada Ltd. (KMDA US) | 6695 | 43317 |
|  # | Kardan Real Estate Enterprise & Development Ltd. | 30989 | 45405 |
|  | Kerur Holdings Ltd. | 1856 | 39841 |
|  | Kvutzat Acro Ltd. | 4883 | 66007 |
|  | Lahav L.R. Real Estate Ltd. | 7178 | 9343 |
|  | Land Development Nimrodi Group Ltd. | 8235 | 64709 |
|  | Lapidoth Capital Ltd. | 1405 | 24221 |
|  | M Yochananof & Sons Ltd. | 1596 | 107940 |
|  | Magic Software Enterprises Ltd. (MGIC IT) | 1425 | 19708 |
|  | Magic Software Enterprises Ltd. (MGIC US) | 11223 | 155326 |
|  \* | Malam - Team Ltd. | 2662 | 54381 |
|  | Matrix IT Ltd. | 9410 | 230329 |
|  | Max Stock Ltd. | 23380 | 89333 |
|  | Maytronics Ltd. | 16664 | 18842 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) |  |  |
|  | Mediterranean Towers Ltd. | 32870 | $99522 |
|  | Mega Or Holdings Ltd. | 4762 | 161918 |
|  | Meitav Investment House Ltd. | 16138 | 207910 |
|  | Melisron Ltd. | 1840 | 156542 |
|  | MENIF - Financial Services Ltd. | 3440 | 17548 |
|  | Menora Mivtachim Holdings Ltd. | 6039 | 319867 |
|  \* | Meshek Energy Renewable Energies Ltd. | 44062 | 34208 |
|  # | Meshulam Levinstein Contracting & Engineering Ltd. | 646 | 68567 |
|  | Migdal Insurance & Financial Holdings Ltd. | 135296 | 260201 |
|  | Mivne Real Estate KD Ltd. | 70674 | 206211 |
|  | Mivtach Shamir Holdings Ltd. | 2452 | 169737 |
|  | Mizrahi Tefahot Bank Ltd. | 21980 | 1112990 |
|  | Naphtha Israel Petroleum Corp. Ltd. | 6012 | 38840 |
|  | Nawi Group Ltd. | 5014 | 68418 |
|  \* | Nayax Ltd. | 521 | 21874 |
|  | Neto Malinda Trading Ltd. | 2036 | 61585 |
|  \* | Neto ME Holdings Ltd. | 161 | 7465 |
|  | Next Vision Stabilized Systems Ltd. | 21496 | 566246 |
|  \* | Nice Ltd. (NICE IT) | 193 | 30151 |
|  #\* | Nice Ltd. (NICE US), Sponsored ADR | 702 | 109410 |
|  \* | Nova Ltd. (NVMI IT) | 586 | 113141 |
|  | Novolog Ltd. | 74680 | 31114 |
|  | Oil Refineries Ltd. | 914398 | 229582 |
|  | One Software Technologies Ltd. | 15054 | 284403 |
|  \* | OPC Energy Ltd. | 9174 | 86657 |
|  \* | OY Nofar Energy Ltd. | 2215 | 51843 |
|  | Palram Industries 1990 Ltd. | 5010 | 106602 |
|  # | Partner Communications Co. Ltd. | 51349 | 341147 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) |  |  |
|  | Paz Retail & Energy Ltd. | 3262 | $460580 |
|  \* | Perion Network Ltd. | 10726 | 101234 |
|  | Phoenix Financial Ltd. | 43541 | 857455 |
|  | Plasson Industries Ltd. | 1203 | 66012 |
|  | Plus500 Ltd. | 34070 | 1396608 |
|  | Polyram Plastic Industries Ltd. | 4798 | 13013 |
|  | Prashkovsky Investments & Construction Ltd. | 2012 | 51848 |
|  \* | Priortech Ltd. | 1855 | 75360 |
|  # | Qualitau Ltd. | 2085 | 117108 |
|  | Rami Levy Chain Stores Hashikma Marketing 2006 Ltd. | 3487 | 266793 |
|  \* | Rani Zim Shopping Centers Ltd. | 14142 | 17255 |
|  | Retailors Ltd. | 5865 | 121054 |
|  # | Sano-Brunos Enterprises Ltd. | 288 | 25491 |
|  \* | Scope Metals Group Ltd. | 2905 | 100408 |
|  \* | Shikun & Binui Ltd. | 62943 | 206198 |
|  \* | Shikun & Binui Soltec Renewable Energy | 50044 | 32417 |
|  | Shufersal Ltd. | 26366 | 246861 |
|  | Strauss Group Ltd. | 2516 | 56944 |
|  | Summit Real Estate Holdings Ltd. | 15262 | 225129 |
|  | Tadiran Group Ltd. | 843 | 46801 |
|  W | Tamar Petroleum Ltd. | 23215 | 219356 |
|  \* | TAT Technologies Ltd. | 930 | 25630 |
|  | Tel Aviv Stock Exchange Ltd. | 20243 | 248893 |
|  | Telsys Ltd. | 786 | 37033 |
|  \* | Teva Pharmaceutical Industries Ltd. (TEVA IT) | 30689 | 475883 |
|  \* | Teva Pharmaceutical Industries Ltd. (TEVA US), Sponsored ADR | 66494 | 1031322 |
|  | Tiv Taam Holdings 1 Ltd. | 17262 | 36280 |
|  #\* | Tower Semiconductor Ltd. (TSEM US) | 5329 | 190672 |
|  | Turpaz Industries Ltd. | 5660 | 41254 |
|  \* | Veridis Environment Ltd. | 2880 | 18579 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) |  |  |
|  | Victory Supermarket Chain Ltd. | 1508 | $18041 |
|  | YD More Investments Ltd. | 9388 | 41759 |
|  | YH Dimri Construction & Development Ltd. | 879 | 74170 |
|  TOTAL ISRAEL | TOTAL ISRAEL | TOTAL ISRAEL | 29361689 |
|  ITALY — (1.9%) | ITALY — (1.9%) |  |  |
|  | A2A SpA | 574705 | 1461630 |
|  | ACEA SpA | 17230 | 404778 |
|  | Amplifon SpA | 42214 | 807931 |
|  | Arnoldo Mondadori Editore SpA | 66336 | 161456 |
|  | Ascopiave SpA | 20805 | 77859 |
|  | Avio SpA | 4330 | 94103 |
|  | Azimut Holding SpA | 45890 | 1275243 |
|  | Banca Generali SpA | 21043 | 1248433 |
|  | Banca IFIS SpA | 8519 | 213454 |
|  | Banca Mediolanum SpA | 87652 | 1310385 |
|  | Banca Monte dei Paschi di Siena SpA | 357382 | 3022300 |
|  | Banca Popolare di Sondrio SpA | 212465 | 2662373 |
|  # | Banca Profilo SpA | 46925 | 9672 |
|  W | Banca Sistema SpA | 18647 | 34936 |
|  | Banco BPM SpA | 403551 | 4504645 |
|  | Banco di Desio e della Brianza SpA | 18839 | 161632 |
|  | BasicNet SpA | 5690 | 47793 |
|  W | BFF Bank SpA | 49749 | 471312 |
|  # | Biesse SpA | 2426 | 19421 |
|  # | BPER Banca SpA | 431424 | 3504062 |
|  # | Brunello Cucinelli SpA | 12044 | 1359764 |
|  | Buzzi SpA | 21030 | 1102048 |
|  | Cairo Communication SpA | 27066 | 88420 |
|  #W | Carel Industries SpA | 10985 | 220167 |
|  | Cembre SpA | 1546 | 85498 |
|  \* | CIR SpA-Compagnie Industriali | 281282 | 186619 |
|  | Comer Industries SpA**.** | 343 | 11549 |
|  | Credito Emiliano SpA | 37931 | 521468 |
|  # | Danieli & C Officine Meccaniche SpA (DAN IM) | 4771 | 164316 |
|  | Danieli & C Officine Meccaniche SpA (DANR IM) | 14987 | 405625 |
|  | Datalogic SpA | 7679 | 37151 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ITALY — (Continued) | ITALY — (Continued) |  |  |
|  #\*W | doValue SpA | 32253 | $66498 |
|  | Emak SpA | 23116 | 20703 |
|  W | Enav SpA | 24621 | 109026 |
|  | Enel SpA | 756545 | 6558470 |
|  | Eni SpA (ENI IM) | 476026 | 6817424 |
|  # | ERG SpA | 13003 | 266012 |
|  \* | Esprinet SpA | 13585 | 81129 |
|  # | Ferretti SpA | 32804 | 93931 |
|  | Fiera Milano SpA | 3538 | 20573 |
|  | Fila SpA | 13113 | 170840 |
|  | FinecoBank Banca Fineco SpA | 142072 | 2842992 |
|  | FNM SpA | 63935 | 28980 |
|  \* | Garofalo Health Care SpA | 4908 | 30024 |
|  | Gefran SpA | 1857 | 19216 |
|  | Generali | 14547 | 531660 |
|  | GPI SpA | 1522 | 15895 |
|  | Hera SpA | 276415 | 1308611 |
|  # | IMMSI SpA | 88096 | 49854 |
|  W | Infrastrutture Wireless Italiane SpA | 22726 | 271397 |
|  | Intercos SpA | 2611 | 39301 |
|  | Intesa Sanpaolo SpA | 769891 | 4109899 |
|  | Iren SpA | 145146 | 414382 |
|  | Italgas SpA | 133957 | 1100590 |
|  # | Italian Sea Group SpA | 4884 | 31263 |
|  | Italmobiliare SpA | 5539 | 154214 |
|  | Leonardo SpA | 23513 | 1222401 |
|  | Lottomatica Group SpA | 2691 | 61338 |
|  | Maire SpA | 50309 | 543365 |
|  # | MARR SpA | 2014 | 22279 |
|  | Mediobanca Banca di Credito Finanziario SpA | 131099 | 2681502 |
|  | Moltiply Group SpA | 7228 | 358159 |
|  | Moncler SpA | 34320 | 2118260 |
|  \* | Newlat Food SpA | 6439 | 125259 |
|  #\*W | Nexi SpA | 140827 | 822579 |
|  | Orsero SpA | 2438 | 36235 |
|  W | OVS SpA | 86178 | 311039 |
|  | Pharmanutra SpA | 668 | 40913 |
|  # | Piaggio & C SpA | 57638 | 113147 |
|  W | Pirelli & C SpA | 119851 | 740979 |
|  W | Poste Italiane SpA | 44832 | 909964 |
|  | PRADA SpA | 42300 | 264115 |
|  | Prysmian SpA | 15508 | 851889 |
|  W | RAI Way SpA | 49699 | 340410 |
|  | Recordati Industria Chimica e Farmaceutica SpA | 23183 | 1367990 |
|  | Reply SpA | 6245 | 1114916 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ITALY — (Continued) | ITALY — (Continued) |  |  |
|  | Rizzoli Corriere Della Sera Mediagroup SpA | 58201 | $64798 |
|  | Sabaf SpA | 1655 | 28104 |
|  #\* | Safilo Group SpA | 47686 | 38992 |
|  #\* | Saipem SpA | 537870 | 1242463 |
|  # | Salvatore Ferragamo SpA | 8702 | 54521 |
|  # | Sanlorenzo SpA | 4824 | 154867 |
|  # | Sesa SpA | 2358 | 199296 |
|  | Snam SpA | 144354 | 828517 |
|  # | Sogefi SpA | 26838 | 63119 |
|  | SOL SpA | 12728 | 581118 |
|  | Spaxs SpA | 14149 | 55890 |
|  | Tamburi Investment Partners SpA | 29041 | 248607 |
|  W | Technogym SpA | 36534 | 493678 |
|  \* | Telecom Italia SpA (TIT IM) | 3599450 | 1425506 |
|  \* | Telecom Italia SpA (TITR IM) | 1278036 | 568430 |
|  | Terna - Rete Elettrica Nazionale | 161736 | 1608272 |
|  #\* | TREVI - Finanziaria Industriale SpA | 52648 | 16069 |
|  | TXT e-solutions SpA | 990 | 35391 |
|  | UniCredit SpA | 141784 | 8249115 |
|  | Unipol Assicurazioni SpA | 170742 | 3062550 |
|  # | Webuild SpA | 170551 | 618770 |
|  # | Wiit SpA | 4244 | 74327 |
|  # | Zignago Vetro SpA | 1915 | 19264 |
|  TOTAL ITALY | TOTAL ITALY | TOTAL ITALY | 84607330 |
|  JAPAN — (14.7%) | JAPAN — (14.7%) |  |  |
|  | &Do Holdings Co. Ltd. | 2900 | 27745 |
|  | 77 Bank Ltd. | 20800 | 651889 |
|  | A&D HOLON Holdings Co. Ltd. | 11800 | 147684 |
|  | AB & Company Co. Ltd. | 5100 | 32357 |
|  | ABC-Mart, Inc. | 21400 | 397997 |
|  | Achilles Corp. | 6100 | 57546 |
|  | Acom Co. Ltd. | 126700 | 355026 |
|  | AD Works Group Co. Ltd. | 27810 | 51463 |
|  | Adastria Co. Ltd. | 11700 | 239054 |
|  | ADEKA Corp. | 28200 | 508359 |
|  # | Ad-sol Nissin Corp. | 3200 | 22629 |
|  | Adtec Plasma Technology Co. Ltd. | 1000 | 8153 |
|  | Advan Group Co. Ltd. | 6600 | 37573 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Advanced Media, Inc. | 1900 | $11752 |
|  | Advantest Corp. | 59900 | 2505973 |
|  | Aeon Co. Ltd. | 56824 | 1680352 |
|  | Aeon Fantasy Co. Ltd. | 3100 | 51087 |
|  | AEON Financial Service Co. Ltd. | 37600 | 311138 |
|  # | Aeon Hokkaido Corp. | 15900 | 97350 |
|  | Aeon Kyushu Co. Ltd. | 1500 | 26646 |
|  | Aeon Mall Co. Ltd. | 16000 | 307002 |
|  | AFC-HD AMS Life Science Co. Ltd. | 4100 | 24493 |
|  # | AGC, Inc. | 28100 | 877335 |
|  # | Ahresty Corp. | 9600 | 44011 |
|  | Ai Holdings Corp. | 3700 | 54753 |
|  | Aica Kogyo Co. Ltd. | 14800 | 343128 |
|  # | Aichi Corp. | 11200 | 100795 |
|  | Aichi Financial Group, Inc. | 10889 | 208636 |
|  # | Aichi Steel Corp. | 4200 | 247550 |
|  | Aichi Tokei Denki Co. Ltd. | 3600 | 49559 |
|  | Aida Engineering Ltd. | 14200 | 88120 |
|  | Aiful Corp. | 112400 | 280811 |
|  # | Ain Holdings, Inc. | 10000 | 385444 |
|  | Ainavo Holdings Co. Ltd. | 1600 | 7422 |
|  | Aiphone Co. Ltd. | 4500 | 79212 |
|  | Air Water, Inc. | 64100 | 874093 |
|  # | Airman Corp. | 8800 | 114358 |
|  | Airport Facilities Co. Ltd. | 10500 | 49114 |
|  | Airtech Japan Ltd. | 1600 | 11808 |
|  | Airtrip Corp. | 4300 | 28412 |
|  | Aisan Industry Co. Ltd. | 20900 | 282466 |
|  | Aisin Corp. | 103000 | 1308236 |
|  # | AIT Corp. | 3900 | 47923 |
|  | Ajinomoto Co., Inc. | 59400 | 1214972 |
|  | Akatsuki Corp. | 8500 | 28991 |
|  | Akatsuki, Inc. | 1100 | 26821 |
|  #\* | Akebono Brake Industry Co. Ltd. | 71300 | 51447 |
|  | Akita Bank Ltd. | 5900 | 100994 |
|  | Albis Co. Ltd. | 2900 | 60403 |
|  | Alconix Corp. | 11500 | 124203 |
|  | Alfresa Holdings Corp. | 42100 | 635547 |
|  | Alinco, Inc. | 7300 | 51478 |
|  # | Alleanza Holdings Co. Ltd. | 4100 | 29791 |
|  | Allied Telesis Holdings KK | 17200 | 18376 |
|  | Alpen Co. Ltd. | 5600 | 93327 |
|  # | Alpha Systems, Inc. | 1900 | 43470 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Alps Alpine Co. Ltd. | 66444 | $674954 |
|  | Altech Corp. | 6710 | 126039 |
|  | Amada Co. Ltd. | 80000 | 801042 |
|  | Amano Corp. | 21400 | 623086 |
|  | Amiyaki Tei Co. Ltd. | 3300 | 33108 |
|  | Amuse, Inc. | 4500 | 51085 |
|  # | Amvis Holdings, Inc. | 17700 | 56994 |
|  | ANA Holdings, Inc. | 12700 | 243960 |
|  # | Anabuki Kosan, Inc. | 1900 | 29260 |
|  | Anest Iwata Corp. | 8600 | 67217 |
|  \* | AnGes, Inc. | 7300 | 3801 |
|  | Anicom Holdings, Inc. | 18800 | 78477 |
|  \* | Anrakutei Co. Ltd. | 300 | 14822 |
|  | Anycolor, Inc. | 5700 | 146967 |
|  \* | AnyMind Group, Inc. | 1600 | 9717 |
|  | AOI Electronics Co. Ltd. | 1100 | 13478 |
|  | AOKI Holdings, Inc. | 13600 | 121184 |
|  | Aoyama Trading Co. Ltd. | 15400 | 221147 |
|  | Aoyama Zaisan Networks Co. Ltd. | 7300 | 98747 |
|  # | Aozora Bank Ltd. | 31300 | 432160 |
|  | Arakawa Chemical Industries Ltd. | 6700 | 49820 |
|  | Arata Corp. | 9400 | 209467 |
|  | Araya Industrial Co. Ltd. | 900 | 29017 |
|  | ARCLANDS Corp. | 9179 | 111582 |
|  | Arcs Co. Ltd. | 12280 | 247058 |
|  | ARE Holdings, Inc. | 23300 | 289481 |
|  | Arealink Co. Ltd. | 10600 | 163069 |
|  | Argo Graphics, Inc. | 5100 | 180311 |
|  | Arisawa Manufacturing Co. Ltd. | 10600 | 96601 |
|  | Artience Co. Ltd. | 14300 | 295105 |
|  | Artnature, Inc. | 5822 | 32602 |
|  # | Artner Co. Ltd. | 2000 | 26350 |
|  | As One Corp. | 11900 | 188599 |
|  | Asahi Co. Ltd. | 6500 | 62898 |
|  | Asahi Diamond Industrial Co. Ltd. | 16600 | 85813 |
|  | Asahi Group Holdings Ltd. | 176600 | 2441016 |
|  | Asahi Intecc Co. Ltd. | 32200 | 495068 |
|  | Asahi Kasei Corp. | 226718 | 1579939 |
|  # | Asahi Kogyosha Co. Ltd. | 6000 | 89600 |
|  | Asahi Net, Inc. | 6400 | 31019 |
|  | Asahi Printing Co. Ltd. | 1800 | 10951 |
|  # | Asahi Yukizai Corp. | 7200 | 188716 |
|  | Asanuma Corp. | 30000 | 157867 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Ashimori Industry Co. Ltd. | 1900 | $35738 |
|  | Asia Pile Holdings Corp. | 14000 | 88321 |
|  | Asics Corp. | 85600 | 1839890 |
|  | ASKA Pharmaceutical Holdings Co. Ltd. | 8300 | 135386 |
|  # | ASKUL Corp. | 13300 | 141558 |
|  | Astellas Pharma, Inc. | 35600 | 356504 |
|  | Astena Holdings Co. Ltd. | 17100 | 57886 |
|  | Atrae, Inc. | 4600 | 22637 |
|  # | Aucnet, Inc. | 8000 | 69623 |
|  | Autobacs Seven Co. Ltd. | 18600 | 193021 |
|  | Aval Data Corp. | 700 | 9822 |
|  | Avant Group Corp. | 7100 | 88525 |
|  | Avex, Inc. | 3600 | 33217 |
|  | Awa Bank Ltd. | 19700 | 378745 |
|  | Axell Corp. | 1500 | 11057 |
|  | Axial Retailing, Inc. | 23800 | 181048 |
|  | Azbil Corp. | 89600 | 771572 |
|  # | AZ-COM MARUWA Holdings, Inc. | 22900 | 211840 |
|  | AZOOM Co. Ltd. | 900 | 49233 |
|  | Bandai Namco Holdings, Inc. | 48900 | 1699398 |
|  | Bando Chemical Industries Ltd. | 14200 | 148426 |
|  #\* | Bank of Innovation, Inc. | 600 | 43781 |
|  | Bank of Iwate Ltd. | 5900 | 120537 |
|  | Bank of Nagoya Ltd. | 4165 | 219289 |
|  | Bank of Saga Ltd. | 4794 | 73309 |
|  | Bank of the Ryukyus Ltd. | 14500 | 110053 |
|  | Base Co. Ltd. | 2400 | 52178 |
|  \* | baudroie, Inc. | 1400 | 55579 |
|  | BayCurrent, Inc. | 25100 | 1352478 |
|  # | Beauty Garage, Inc. | 3100 | 32429 |
|  # | Beenos, Inc. | 4200 | 117490 |
|  | Belc Co. Ltd. | 3900 | 192863 |
|  | Bell System24 Holdings, Inc. | 14900 | 123307 |
|  # | Belluna Co. Ltd. | 16900 | 115831 |
|  # | Bewith, Inc. | 3400 | 40020 |
|  | Bic Camera, Inc. | 32300 | 346372 |
|  | BIPROGY, Inc. | 17300 | 564986 |
|  | B-Lot Co. Ltd. | 4000 | 36959 |
|  | BML, Inc. | 8000 | 166866 |
|  # | Bookoff Group Holdings Ltd. | 5300 | 55801 |
|  | Bourbon Corp. | 700 | 13127 |
|  # | Br Holdings Corp. | 10200 | 24033 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | B-R31 Ice Cream Co. Ltd. | 500 | $14268 |
|  # | BrainPad, Inc. | 5700 | 42321 |
|  | Bridgestone Corp. | 80100 | 3349394 |
|  | Broadmedia Corp. | 2119 | 25292 |
|  | Brother Industries Ltd. | 55700 | 978848 |
|  | Buffalo, Inc. | 1800 | 26051 |
|  # | Bull-Dog Sauce Co. Ltd. | 3500 | 42697 |
|  | Bunka Shutter Co. Ltd. | 16400 | 234787 |
|  # | Business Brain Showa-Ota, Inc. | 4000 | 75649 |
|  # | Business Engineering Corp. | 1700 | 45305 |
|  | BuySell Technologies Co. Ltd. | 900 | 19555 |
|  | C Uyemura & Co. Ltd. | 1800 | 116489 |
|  | CAC Holdings Corp. | 3100 | 44930 |
|  | Calbee, Inc. | 20800 | 418388 |
|  | Canon Electronics, Inc. | 7900 | 128750 |
|  | Canon Marketing Japan, Inc. | 13400 | 474358 |
|  # | Canon, Inc. (7751 JP)**.** | 32000 | 987511 |
|  | Capcom Co. Ltd. | 48200 | 1395414 |
|  | Career Design Center Co. Ltd. | 2000 | 25084 |
|  # | Careerlink Co. Ltd. | 2500 | 37527 |
|  # | Carenet, Inc. | 8800 | 45340 |
|  | Carlit Co. Ltd. | 6600 | 49568 |
|  | Casio Computer Co. Ltd. | 44300 | 346451 |
|  | Cawachi Ltd. | 6000 | 117522 |
|  # | CDS Co. Ltd. | 1800 | 23149 |
|  | Celsys, Inc. | 16000 | 145424 |
|  | Central Automotive Products Ltd. | 12300 | 145711 |
|  | Central Glass Co. Ltd. | 9600 | 200852 |
|  | Central Japan Railway Co | 29800 | 627107 |
|  | Central Security Patrols Co. Ltd. | 2100 | 39636 |
|  # | Central Sports Co. Ltd. | 1900 | 31932 |
|  # | Ceres, Inc. | 2400 | 36366 |
|  # | Change Holdings, Inc. | 13300 | 126280 |
|  | Charm Care Corp. KK | 7200 | 63566 |
|  | Chiba Bank Ltd. | 66700 | 593062 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  # | Chiba Kogyo Bank Ltd. | 17300 | $150321 |
|  # | Chikaranomoto Holdings Co. Ltd. | 3600 | 32420 |
|  # | Chino Corp. | 3100 | 41647 |
|  | Chiyoda Co. Ltd. | 7300 | 62482 |
|  | Chiyoda Integre Co. Ltd. | 5000 | 94884 |
|  | Chofu Seisakusho Co. Ltd. | 6800 | 85772 |
|  | Chori Co. Ltd. | 5000 | 126839 |
|  # | Choushimaru Co. Ltd. | 1900 | 20297 |
|  | Chubu Electric Power Co., Inc. | 54600 | 708999 |
|  | Chubu Shiryo Co. Ltd. | 8400 | 84092 |
|  # | Chubu Steel Plate Co. Ltd. | 4100 | 61242 |
|  | Chudenko Corp. | 9800 | 240982 |
|  | Chuetsu Pulp & Paper Co. Ltd. | 3200 | 34061 |
|  | Chugai Pharmaceutical Co. Ltd. | 40200 | 2315902 |
|  | Chugai Ro Co. Ltd. | 2300 | 61098 |
|  | Chugin Financial Group, Inc. | 54200 | 608889 |
|  # | Chugoku Electric Power Co., Inc. | 56792 | 301910 |
|  | Chugoku Marine Paints Ltd. | 12500 | 181559 |
|  # | Chuo Spring Co. Ltd. | 8000 | 82341 |
|  # | Chuo Warehouse Co. Ltd. | 1600 | 16210 |
|  # | Citizen Watch Co. Ltd. | 76200 | 440782 |
|  | CKD Corp. | 14800 | 215727 |
|  | CK-San-Etsu Co. Ltd. | 1500 | 38786 |
|  | Cleanup Corp. | 10500 | 47485 |
|  # | CMK Corp. | 19100 | 52843 |
|  | Coca-Cola Bottlers Japan Holdings, Inc. | 32456 | 609744 |
|  | COLOPL, Inc. | 22700 | 75308 |
|  | Colowide Co. Ltd. | 21900 | 275852 |
|  | Computer Engineering & Consulting Ltd. | 6300 | 93844 |
|  | COMSYS Holdings Corp. | 29705 | 658383 |
|  | Comture Corp. | 10100 | 118015 |
|  | Concordia Financial Group Ltd. | 154617 | 1000056 |
|  | Copro-Holdings Co. Ltd. | 4400 | 51549 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  #\* | Core Concept Technologies, Inc. | 3700 | $26914 |
|  # | Core Corp. | 1800 | 22278 |
|  # | Corona Corp. | 5700 | 36704 |
|  # | Cosel Co. Ltd. | 8100 | 61031 |
|  | Cosmo Energy Holdings Co. Ltd. | 23600 | 968592 |
|  | Cosmos Initia Co. Ltd. | 5600 | 47879 |
|  | Cosmos Pharmaceutical Corp. | 8000 | 514717 |
|  # | Cota Co. Ltd. | 5291 | 52918 |
|  #\* | Cover Corp. | 11700 | 179385 |
|  | Create Restaurants Holdings, Inc. | 36100 | 351922 |
|  | Create SD Holdings Co. Ltd. | 10600 | 225848 |
|  | Credit Saison Co. Ltd. | 55608 | 1298610 |
|  | Creek & River Co. Ltd. | 4300 | 46598 |
|  | Cresco Ltd. | 9200 | 77315 |
|  # | Cross Cat Co. Ltd. | 3100 | 22756 |
|  | CTI Engineering Co. Ltd. | 9800 | 163504 |
|  | CTS Co. Ltd. | 8900 | 49922 |
|  \* | CUC, Inc. | 2000 | 15725 |
|  | Curves Holdings Co. Ltd. | 19500 | 94466 |
|  \* | Cyber Security Cloud, Inc. | 2100 | 25174 |
|  | CyberAgent, Inc. | 63900 | 546986 |
|  #\* | CYBERDYNE, Inc. | 27800 | 33881 |
|  | Cybozu, Inc. | 10200 | 211561 |
|  | Dai Nippon Printing Co. Ltd. | 48400 | 674634 |
|  | Dai Nippon Toryo Co. Ltd. | 9200 | 81823 |
|  | Daicel Corp. | 78900 | 671610 |
|  | Dai-Dan Co. Ltd. | 11600 | 337193 |
|  # | Daido Metal Co. Ltd. | 17800 | 61742 |
|  | Daido Steel Co. Ltd. | 45700 | 344346 |
|  | Daiei Kankyo Co. Ltd. | 1500 | 30731 |
|  | Daifuku Co. Ltd. | 29700 | 785698 |
|  # | Daihatsu Diesel Manufacturing Co. Ltd. | 7700 | 97160 |
|  | Daihen Corp. | 2300 | 101486 |
|  | Daiho Corp. | 12500 | 70116 |
|  | Dai-Ichi Cutter Kogyo KK | 5000 | 48554 |
|  | Daiichi Jitsugyo Co. Ltd. | 8100 | 129625 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Daiichi Kensetsu Corp. | 1800 | $32727 |
|  # | Daiichi Kigenso Kagaku-Kogyo Co. Ltd. | 5300 | 24919 |
|  | Dai-ichi Life Holdings, Inc. | 268800 | 1940856 |
|  | Daiichi Sankyo Co. Ltd. | 31800 | 813463 |
|  | Daiichikosho Co. Ltd. | 26682 | 312044 |
|  # | Daiki Aluminium Industry Co. Ltd. | 16500 | 108342 |
|  | Daikin Industries Ltd. . | 19700 | 2244288 |
|  # | Daikoku Denki Co. Ltd. | 4300 | 77722 |
|  | Daikokutenbussan Co. Ltd. | 2000 | 106157 |
|  | Daikyonishikawa Corp. | 15400 | 61458 |
|  | Dainichiseika Color & Chemicals Manufacturing Co. Ltd. | 5100 | 108042 |
|  | Daio Paper Corp. | 32300 | 206074 |
|  | Daiseki Co. Ltd. | 12820 | 326728 |
|  | Daishi Hokuetsu Financial Group, Inc. | 30500 | 667766 |
|  | Daishinku Corp. | 10400 | 37986 |
|  | Daisue Construction Co. Ltd. | 3800 | 54515 |
|  # | Daisyo Corp. | 1700 | 13571 |
|  | Daito Pharmaceutical Co. Ltd. | 5285 | 77041 |
|  | Daito Trust Construction Co. Ltd. | 8200 | 912964 |
|  | Daitron Co. Ltd. | 3300 | 73830 |
|  | Daiwa House Industry Co. Ltd. | 81600 | 2952527 |
|  | Daiwa Industries Ltd. . | 11800 | 135165 |
|  | Daiwa Securities Group, Inc. | 165800 | 1090288 |
|  | Daiwabo Holdings Co. Ltd. | 39700 | 672241 |
|  | DCM Holdings Co. Ltd. | 44100 | 419328 |
|  #\* | DD GROUP Co. Ltd. | 2400 | 20748 |
|  | Dear Life Co. Ltd. | 11300 | 88220 |
|  \* | Demae-Can Co. Ltd. | 4500 | 7528 |
|  # | Denka Co. Ltd. | 28450 | 388256 |
|  # | Densan System Holdings Co. Ltd. | 3000 | 52461 |
|  | Denso Corp. | 81500 | 1052322 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Dentsu Group, Inc. | 19000 | $398356 |
|  | Dentsu Soken, Inc. | 7600 | 332819 |
|  | Denyo Co. Ltd. | 6100 | 100486 |
|  | Dexerials Corp. | 57900 | 680271 |
|  | DIC Corp. | 27900 | 544465 |
|  | Digital Arts, Inc. | 3400 | 168277 |
|  # | Digital Hearts Holdings Co. Ltd. | 4100 | 28458 |
|  # | Digital Holdings, Inc. | 5700 | 55192 |
|  | Digital Information Technologies Corp. | 3100 | 53014 |
|  | Dip Corp. | 11900 | 172913 |
|  | Disco Corp. | 7400 | 1431748 |
|  | DKK Co. Ltd. | 3400 | 45022 |
|  # | DKS Co. Ltd. | 2800 | 51630 |
|  | DMG Mori Co. Ltd. | 46000 | 799559 |
|  | Doshisha Co. Ltd. | 6800 | 106573 |
|  | Double Standard, Inc. | 2600 | 27082 |
|  | Doutor Nichires Holdings Co. Ltd. | 8700 | 162956 |
|  | Dowa Holdings Co. Ltd. | 21395 | 686450 |
|  | DTS Corp. | 12200 | 346991 |
|  | Duskin Co. Ltd. | 8400 | 220800 |
|  | DyDo Group Holdings, Inc. | 6400 | 130783 |
|  | Eagle Industry Co. Ltd. | 8800 | 113401 |
|  | East Japan Railway Co. | 36400 | 789038 |
|  | EAT&HOLDINGS Co. Ltd. | 2900 | 42099 |
|  | Ebara Corp. | 83700 | 1257323 |
|  | Ebara Foods Industry, Inc. | 2300 | 42943 |
|  | Ebara Jitsugyo Co. Ltd. | 2800 | 70170 |
|  | Ebase Co. Ltd. | 6400 | 23924 |
|  # | Eco's Co. Ltd. | 4000 | 68431 |
|  | EDION Corp. | 17900 | 238874 |
|  | eGuarantee, Inc. | 11100 | 137687 |
|  # | Ehime Bank Ltd. | 12500 | 91209 |
|  | Eisai Co. Ltd. | 20109 | 581230 |
|  | Eizo Corp. | 11100 | 158816 |
|  | EJ Holdings, Inc. | 2600 | 29348 |
|  | Elan Corp. | 2501 | 12612 |
|  | Elecom Co. Ltd. | 10300 | 120854 |
|  | Electric Power Development Co. Ltd. | 22200 | 389731 |
|  # | EM Systems Co. Ltd. | 11200 | 59057 |
|  | en Japan, Inc. | 10100 | 115972 |
|  | Endo Lighting Corp. | 5800 | 63185 |
|  | ENEOS Holdings, Inc. | 586600 | 2824026 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  # | Enplas Corp. | 2000 | $56648 |
|  | ERI Holdings Co. Ltd. | 1700 | 25782 |
|  | ES-Con Japan Ltd. | 10700 | 79666 |
|  # | Eslead Corp. | 3700 | 110145 |
|  | ESPEC Corp. | 4400 | 70255 |
|  # | Eternal Hospitality Group Co. Ltd. | 2900 | 57210 |
|  | eWeLL Co. Ltd. | 1200 | 18705 |
|  | Exedy Corp. | 16000 | 480462 |
|  | EXEO Group, Inc. | 44290 | 517181 |
|  | Ezaki Glico Co. Ltd. | 5500 | 181458 |
|  | F&M Co. Ltd. | 3200 | 47871 |
|  | FALCO HOLDINGS Co. Ltd. | 2100 | 34067 |
|  | FANUC Corp. | 12300 | 312170 |
|  | Fast Retailing Co. Ltd. | 11600 | 3815759 |
|  | FCC Co. Ltd. | 12300 | 252375 |
|  \* | FDK Corp. | 1199 | 3195 |
|  | Feed One Co. Ltd. | 10780 | 68451 |
|  | Ferrotec Holdings Corp. | 17100 | 295221 |
|  | FFRI Security, Inc. | 1400 | 33341 |
|  # | Fibergate, Inc. | 4800 | 33263 |
|  | FIDEA Holdings Co. Ltd. | 7220 | 75801 |
|  | Financial Partners Group Co. Ltd. | 21500 | 339294 |
|  | FINDEX, Inc. | 5100 | 25094 |
|  # | Fintech Global, Inc. | 24800 | 19300 |
|  | First Bank of Toyama Ltd. | 19500 | 150279 |
|  # | Fixstars Corp. | 10200 | 125311 |
|  | FJ Next Holdings Co. Ltd. | 7900 | 66973 |
|  # | Focus Systems Corp. | 3400 | 26450 |
|  | Food & Life Cos. Ltd. | 33500 | 1239674 |
|  | Forum Engineering, Inc. | 7100 | 51994 |
|  # | Forval Corp. | 1400 | 14324 |
|  | Foster Electric Co. Ltd. | 8500 | 72364 |
|  | FP Corp. | 14000 | 301898 |
|  # | FP Partner, Inc. | 2400 | 41161 |
|  | France Bed Holdings Co. Ltd. | 9800 | 87511 |
|  # | Freebit Co. Ltd. | 6000 | 63878 |
|  | Freund Corp. | 3044 | 15942 |
|  \* | Fronteo, Inc. | 8600 | 35991 |
|  | FTGroup Co. Ltd. | 6700 | 51292 |
|  | Fudo Tetra Corp. | 4750 | 77637 |
|  | Fuji Corp. (6134 JP) | 26400 | 392595 |
|  | Fuji Corp. (7605 JP) | 4400 | 59438 |
|  | Fuji Corp. Ltd. | 11800 | 58166 |
|  # | Fuji Die Co. Ltd. | 2300 | 11395 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Fuji Electric Co. Ltd. | 27200 | $1209495 |
|  | Fuji Kosan Co. Ltd. | 1700 | 15903 |
|  | Fuji Kyuko Co. Ltd. | 8100 | 118199 |
|  | Fuji Media Holdings, Inc. | 12900 | 267125 |
|  # | Fuji Oil Co. Ltd. | 27900 | 258111 |
|  # | Fuji Pharma Co. Ltd. | 5100 | 48942 |
|  | Fuji Seal International, Inc. | 11086 | 197941 |
|  | Fuji Soft, Inc. | 8700 | 597458 |
|  | Fujibo Holdings, Inc. | 3100 | 108038 |
|  | Fujicco Co. Ltd. | 6000 | 68153 |
|  | FUJIFILM Holdings Corp. | 44600 | 913514 |
|  | Fujikura Composites, Inc. | 8600 | 79944 |
|  # | Fujikura Kasei Co. Ltd. | 10400 | 34695 |
|  | Fujikura Ltd. | 43400 | 1614778 |
|  | Fujimi, Inc. | 8400 | 109950 |
|  # | Fujio Food Group, Inc. | 5700 | 47937 |
|  | Fujishoji Co. Ltd. | 3200 | 24252 |
|  | Fujita Kanko, Inc. | 2300 | 145278 |
|  | Fujitsu Ltd. | 104900 | 2330401 |
|  # | FuKoKu Co. Ltd. | 6200 | 69809 |
|  | Fukuda Corp. | 2600 | 96842 |
|  | Fukuda Denshi Co. Ltd. | 5800 | 246150 |
|  | Fukui Bank Ltd. | 7500 | 92121 |
|  | Fukui Computer Holdings, Inc. | 4400 | 108749 |
|  | Fukuoka Financial Group, Inc. | 28432 | 751181 |
|  # | Fukuyama Transporting Co. Ltd. | 6200 | 153828 |
|  | FULLCAST Holdings Co. Ltd. | 6400 | 71645 |
|  | Fumakilla Ltd. | 3000 | 23262 |
|  | Funai Soken Holdings, Inc. | 11470 | 183369 |
|  \* | Furukawa Battery Co. Ltd. | 5400 | 52092 |
|  | Furukawa Co. Ltd. | 9281 | 137265 |
|  | Furukawa Electric Co. Ltd. | 24500 | 773749 |
|  | Furuno Electric Co. Ltd. | 10200 | 181755 |
|  | Furuya Metal Co. Ltd. | 3600 | 64835 |
|  | Furyu Corp. | 8200 | 53582 |
|  | Fuso Chemical Co. Ltd. | 7400 | 179563 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  # | Fuso Pharmaceutical Industries Ltd. | 2900 | $48782 |
|  # | Futaba Corp. | 16300 | 58013 |
|  | Futaba Industrial Co. Ltd. | 22700 | 125622 |
|  | Future Corp. | 16700 | 210573 |
|  | Fuyo General Lease Co. Ltd. | 25800 | 719936 |
|  | G-7 Holdings, Inc. | 8100 | 80894 |
|  #\* | GA Technologies Co. Ltd. | 7800 | 78344 |
|  | Gakken Holdings Co. Ltd. | 11000 | 77573 |
|  | Gakkyusha Co. Ltd. | 3000 | 45973 |
|  # | Gakujo Co. Ltd. | 3500 | 40822 |
|  | Galilei Co. Ltd. | 8600 | 172578 |
|  | Gecoss Corp. | 7000 | 57179 |
|  | Genki Global Dining Concepts Corp. | 4000 | 92292 |
|  | Genky DrugStores Co. Ltd. | 8400 | 215400 |
|  | Geo Holdings Corp. | 9800 | 133272 |
|  # | Gift Holdings, Inc. | 3800 | 96388 |
|  | giftee, Inc. | 4700 | 51074 |
|  # | Global Security Experts, Inc. | 300 | 11860 |
|  # | GLOBERIDE, Inc. | 8800 | 115395 |
|  | Glory Ltd. | 14000 | 246508 |
|  | GLtechno Holdings, Inc. | 2750 | 53885 |
|  # | GMO Financial Gate, Inc. | 1600 | 59965 |
|  | GMO Financial Holdings, Inc. | 18100 | 97438 |
|  | GMO GlobalSign Holdings KK | 1200 | 18634 |
|  | GMO internet group, Inc. | 27100 | 637263 |
|  | GMO Payment Gateway, Inc. | 8400 | 526120 |
|  #\* | GNI Group Ltd. | 10600 | 175485 |
|  # | Godo Steel Ltd. | 4200 | 109502 |
|  \* | Gokurakuyu Holdings Co. Ltd. | 8600 | 29736 |
|  | Goldcrest Co. Ltd. | 7200 | 165287 |
|  | Goldwin, Inc. | 5500 | 315328 |
|  | Grandy House Corp. | 4200 | 16207 |
|  | GREE Holdings, Inc. | 18700 | 70217 |
|  | Greens Co. Ltd. | 2600 | 42011 |
|  | gremz, Inc. | 3300 | 54620 |
|  | GS Yuasa Corp. | 31116 | 546549 |
|  | GSI Creos Corp. | 3600 | 48522 |
|  | G-Tekt Corp. | 8830 | 101367 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  # | Gun-Ei Chemical Industry Co. Ltd. | 1900 | $41662 |
|  | GungHo Online Entertainment, Inc. | 8540 | 180711 |
|  | Gunma Bank Ltd. | 120400 | 1004107 |
|  | Gunze Ltd. | 11400 | 204977 |
|  # | H.U. Group Holdings, Inc. | 15660 | 307272 |
|  | H2O Retailing Corp. | 32000 | 437687 |
|  | Hachijuni Bank Ltd. | 95019 | 717202 |
|  # | Hagihara Industries, Inc. | 4900 | 49611 |
|  | Hagiwara Electric Holdings Co. Ltd. | 3300 | 71502 |
|  | Hakudo Co. Ltd. | 2400 | 36101 |
|  | Hakuhodo DY Holdings, Inc. | 56900 | 427798 |
|  | Halows Co. Ltd. | 3100 | 94363 |
|  | Hamakyorex Co. Ltd. | 25600 | 239062 |
|  | Hamamatsu Photonics KK | 59500 | 550203 |
|  # | Hamee Corp. | 3200 | 26750 |
|  | Hankyu Hanshin Holdings, Inc. | 32900 | 938380 |
|  | Hanwa Co. Ltd. | 12800 | 424382 |
|  | Happinet Corp. | 7100 | 266461 |
|  | Hard Off Corp. Co. Ltd. | 4500 | 59127 |
|  | Harima Chemicals Group, Inc. | 6100 | 34192 |
|  | Haseko Corp. | 80900 | 1155464 |
|  # | Hashimoto Sogyo Holdings Co. Ltd. | 1400 | 12173 |
|  | Hazama Ando Corp. | 58800 | 585625 |
|  \* | Headwaters Co. Ltd. | 600 | 15738 |
|  | Heiwa Corp. | 20200 | 314430 |
|  | Heiwa Real Estate Co. Ltd. | 9800 | 322947 |
|  | Heiwado Co. Ltd. | 10115 | 188322 |
|  # | Hennge KK | 5300 | 63676 |
|  # | Hibino Corp. | 1100 | 17989 |
|  # | Hibiya Engineering Ltd. | 6300 | 154043 |
|  | Hiday Hidaka Corp. | 7700 | 167816 |
|  | Hikari Tsushin, Inc. | 1100 | 305115 |
|  # | HI-LEX Corp. | 7200 | 73131 |
|  \* | Hino Motors Ltd. | 118800 | 377768 |
|  | Hioki EE Corp. | 3200 | 127593 |
|  | Hirakawa Hewtech Corp. | 4200 | 35229 |
|  # | Hirano Tecseed Co. Ltd. | 2000 | 22240 |
|  | Hirata Corp. | 9900 | 102146 |
|  | Hirogin Holdings, Inc. | 82300 | 684074 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Hirose Electric Co. Ltd. | 5255 | $594411 |
|  \* | Hirose Tusyo, Inc. | 1900 | 55332 |
|  # | Hiroshima Gas Co. Ltd. | 9300 | 23068 |
|  # | HIS Co. Ltd. | 9700 | 115604 |
|  | Hisaka Works Ltd. | 6800 | 48566 |
|  | Hisamitsu Pharmaceutical Co., Inc. | 2700 | 81926 |
|  | Hitachi Construction Machinery Co. Ltd. | 33400 | 998155 |
|  | Hitachi Ltd. (6501 JP) | 323400 | 7992997 |
|  | Hochiki Corp. | 5600 | 95843 |
|  | Hodogaya Chemical Co. Ltd. | 5000 | 52143 |
|  | Hogy Medical Co. Ltd. | 5900 | 168869 |
|  | Hokkaido Coca-Cola Bottling Co. Ltd. | 1400 | 31695 |
|  # | Hokkaido Electric Power Co., Inc. | 41300 | 196222 |
|  | Hokkaido Gas Co. Ltd. | 23500 | 91848 |
|  | Hokkan Holdings Ltd. | 4300 | 54738 |
|  | Hokko Chemical Industry Co. Ltd. | 8500 | 72799 |
|  | Hokkoku Financial Holdings, Inc. | 7400 | 275772 |
|  # | Hokuetsu Corp. | 45100 | 345167 |
|  | Hokuhoku Financial Group, Inc. | 54100 | 970242 |
|  | Hokuriku Electric Industry Co. Ltd. | 3300 | 35840 |
|  | Hokuriku Electric Power Co | 35700 | 183467 |
|  | Hokuriku Electrical Construction Co. Ltd. | 6000 | 49906 |
|  | Hokuto Corp. | 6400 | 82413 |
|  | Honda Motor Co. Ltd. (7267 JP) | 368800 | 3752444 |
|  # | Honda Motor Co. Ltd. (HMC US), Sponsored ADR | 4900 | 149499 |
|  # | H-One Co. Ltd. | 8600 | 67874 |
|  | Honeys Holdings Co. Ltd. | 6900 | 78313 |
|  | Hoosiers Holdings Co. Ltd. | 10800 | 89782 |
|  | Horiba Ltd. | 10100 | 690354 |
|  | Hoshizaki Corp. | 5800 | 246593 |
|  | Hosiden Corp. | 22400 | 300747 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Hosokawa Micron Corp. | 3800 | $105907 |
|  # | Hotland Holdings Co. Ltd. | 5400 | 82257 |
|  | House Foods Group, Inc. | 17093 | 335150 |
|  # | Howa Machinery Ltd. | 5400 | 42389 |
|  | Hoya Corp. | 26300 | 3094618 |
|  | HS Holdings Co. Ltd. | 7900 | 53712 |
|  | Hulic Co. Ltd. | 82695 | 864734 |
|  | Hyakugo Bank Ltd. | 81100 | 393130 |
|  | Hyakujushi Bank Ltd. | 8700 | 202077 |
|  | Ibiden Co. Ltd. | 34500 | 956382 |
|  # | IBJ, Inc. | 7100 | 32448 |
|  | Ichibanya Co. Ltd. | 15500 | 103078 |
|  | Ichigo, Inc. | 25400 | 68499 |
|  | Ichiken Co. Ltd. | 3100 | 61494 |
|  | Ichikoh Industries Ltd. | 17800 | 49015 |
|  | Ichinen Holdings Co. Ltd. | 8100 | 95976 |
|  | Ichiyoshi Securities Co. Ltd. | 7100 | 36070 |
|  | Icom, Inc. | 3300 | 62534 |
|  | ID Holdings Corp. | 5550 | 76424 |
|  | Idec Corp. | 5600 | 89718 |
|  | Idemitsu Kosan Co. Ltd. | 271745 | 1684007 |
|  | IDOM, Inc. | 26700 | 205613 |
|  # | IG Port, Inc. | 3200 | 46472 |
|  | IHI Corp. | 4800 | 375994 |
|  | Iida Group Holdings Co. Ltd. | 38900 | 615740 |
|  | Iino Kaiun Kaisha Ltd. | 36600 | 266752 |
|  # | IKK Holdings, Inc. | 2300 | 12741 |
|  | I'll, Inc. | 2800 | 45618 |
|  | Imagica Group, Inc. | 7200 | 28765 |
|  | i-mobile Co. Ltd. | 7200 | 27775 |
|  # | Imuraya Group Co. Ltd. | 2700 | 46610 |
|  | Inaba Denki Sangyo Co. Ltd. | 10000 | 263432 |
|  | Inaba Seisakusho Co. Ltd. | 4800 | 57157 |
|  | Inabata & Co. Ltd. | 19800 | 424861 |
|  # | I-NE Co. Ltd. | 2800 | 32123 |
|  | Ines Corp. | 5600 | 64361 |
|  # | I-Net Corp. | 5310 | 71960 |
|  | Infomart Corp. | 43000 | 114614 |
|  | INFRONEER Holdings, Inc. | 73120 | 623663 |
|  | Innotech Corp. | 6300 | 53155 |
|  | Inpex Corp. | 291500 | 3646517 |
|  | Insource Co. Ltd. | 18600 | 119099 |
|  | Intelligent Wave, Inc. | 4800 | 36095 |
|  | Inter Action Corp. | 1300 | 11091 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Internet Initiative Japan, Inc. | 26000 | $482128 |
|  # | Inui Global Logistics Co. Ltd. | 3300 | 33666 |
|  | IPS, Inc. | 3900 | 57522 |
|  | Iriso Electronics Co. Ltd. | 7400 | 132492 |
|  | ISB Corp. | 2500 | 23697 |
|  # | Ise Chemicals Corp. | 600 | 93803 |
|  | Iseki & Co. Ltd. | 7400 | 53462 |
|  | Isetan Mitsukoshi Holdings Ltd. | 15900 | 204386 |
|  # | Ishihara Chemical Co. Ltd. | 4000 | 58441 |
|  | Ishihara Sangyo Kaisha Ltd. | 13300 | 163889 |
|  | Ishizuka Glass Co. Ltd. | 1300 | 22186 |
|  #\* | Istyle, Inc. | 22100 | 72810 |
|  | Isuzu Motors Ltd. | 163000 | 2192095 |
|  | Itfor, Inc. | 5500 | 56839 |
|  # | ITmedia, Inc. | 2600 | 28187 |
|  # | Ito En Ltd. | 18900 | 452168 |
|  | ITOCHU Corp. | 36000 | 1841146 |
|  | Itochu Enex Co. Ltd. | 25600 | 276296 |
|  | Itochu-Shokuhin Co. Ltd. | 2500 | 168952 |
|  | Itoham Yonekyu Holdings, Inc. | 9980 | 312777 |
|  | Itoki Corp. | 20600 | 259061 |
|  | IwaiCosmo Holdings, Inc. | 7900 | 115749 |
|  # | Iwaki Co. Ltd. | 2800 | 47555 |
|  | Iwatani Corp. | 74000 | 708541 |
|  | Iwatsuka Confectionery Co. Ltd. | 3200 | 75278 |
|  | Iyogin Holdings, Inc. | 65700 | 762068 |
|  | Izumi Co. Ltd. | 11600 | 267066 |
|  | J Front Retailing Co. Ltd. | 81000 | 991452 |
|  | J Trust Co. Ltd. | 17800 | 48818 |
|  | JAC Recruitment Co. Ltd. | 26100 | 151737 |
|  | Jaccs Co. Ltd. | 9900 | 262202 |
|  \* | Jade Group, Inc. | 3300 | 28347 |
|  | JAFCO Group Co. Ltd. | 24300 | 409188 |
|  # | JALCO Holdings, Inc. | 14000 | 30174 |
|  # | JANOME Corp. | 7000 | 55319 |
|  | Japan Airlines Co. Ltd. | 39200 | 710202 |
|  | Japan Airport Terminal Co. Ltd. | 17300 | 497599 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Japan Aviation Electronics Industry Ltd. | 14800 | $237082 |
|  | Japan Business Systems, Inc. | 5200 | 37800 |
|  \* | Japan Communications, Inc. | 42200 | 47389 |
|  # | Japan Electronic Materials Corp. | 3700 | 48593 |
|  | Japan Elevator Service Holdings Co. Ltd. | 26200 | 566422 |
|  | Japan Exchange Group, Inc. | 132200 | 1470826 |
|  | Japan Foundation Engineering Co. Ltd. | 5100 | 24945 |
|  | Japan Hospice Holdings, Inc. | 1700 | 17707 |
|  | Japan Investment Adviser Co. Ltd. | 4900 | 56127 |
|  | Japan Lifeline Co. Ltd. | 19200 | 205575 |
|  | Japan Material Co. Ltd. | 17500 | 146706 |
|  | Japan Medical Dynamic Marketing, Inc. | 7100 | 27774 |
|  | Japan Petroleum Exploration Co. Ltd. | 40000 | 287134 |
|  | Japan Post Bank Co. Ltd. | 83900 | 862655 |
|  | Japan Post Holdings Co. Ltd. | 116100 | 1128523 |
|  | Japan Post Insurance Co. Ltd. | 24100 | 484486 |
|  | Japan Property Management Center Co. Ltd. | 4600 | 37693 |
|  | Japan Pulp & Paper Co. Ltd. | 44000 | 189198 |
|  | Japan Securities Finance Co. Ltd. | 29000 | 347007 |
|  | Japan Steel Works Ltd. | 11574 | 476908 |
|  | Japan System Techniques Co. Ltd. | 5200 | 68300 |
|  | Japan Tobacco, Inc. | 99000 | 3049996 |
|  | Japan Transcity Corp. | 14800 | 91300 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Japan Wool Textile Co. Ltd. | 18700 | $193569 |
|  | JBCC Holdings, Inc. | 16000 | 134224 |
|  | JCR Pharmaceuticals Co. Ltd. | 6786 | 23654 |
|  | JCU Corp. | 10500 | 231872 |
|  | JDC Corp. | 16200 | 54566 |
|  | Jeol Ltd. | 14600 | 469554 |
|  | JFE Holdings, Inc. | 109800 | 1278733 |
|  | JFE Systems, Inc. | 1800 | 19992 |
|  | JGC Holdings Corp. | 78800 | 630235 |
|  #\* | JIG-SAW, Inc. | 1500 | 31933 |
|  | JINS Holdings, Inc. | 3800 | 238311 |
|  | JINUSHI Co. Ltd. | 4500 | 64881 |
|  | JK Holdings Co. Ltd. | 6500 | 46365 |
|  | J-Lease Co. Ltd. | 4000 | 38364 |
|  | JM Holdings Co. Ltd. | 5400 | 93193 |
|  | JMS Co. Ltd. | 4100 | 13144 |
|  | J-Oil Mills, Inc. | 7400 | 106251 |
|  | Joshin Denki Co. Ltd. | 5700 | 88880 |
|  | Joyful Honda Co. Ltd. | 15200 | 215672 |
|  # | JP-Holdings, Inc. | 21100 | 93687 |
|  | JSB Co. Ltd. | 2600 | 66163 |
|  | JSP Corp. | 4700 | 64800 |
|  | JTEKT Corp. | 55700 | 430175 |
|  \* | Juki Corp. | 8500 | 23701 |
|  | Juroku Financial Group, Inc. | 10200 | 345036 |
|  | Justsystems Corp. | 8500 | 203429 |
|  | JVCKenwood Corp. | 80300 | 599285 |
|  # | K&O Energy Group, Inc. | 5900 | 114214 |
|  | Kadokawa Corp. | 9800 | 263550 |
|  | Kadoya Sesame Mills, Inc. | 1000 | 25428 |
|  | Kaga Electronics Co. Ltd. | 16600 | 297320 |
|  | Kagome Co. Ltd. | 24700 | 508389 |
|  | Kajima Corp. | 48300 | 1153290 |
|  | Kakaku.com, Inc. | 36300 | 641997 |
|  | Kaken Pharmaceutical Co. Ltd. | 2700 | 76874 |
|  # | Kakiyasu Honten Co. Ltd. | 800 | 15215 |
|  # | Kamakura Shinsho Ltd. | 9100 | 30084 |
|  | Kameda Seika Co. Ltd. | 1700 | 47138 |
|  | Kamei Corp. | 8600 | 115665 |
|  | Kamigumi Co. Ltd. | 23700 | 580165 |
|  | Kanaden Corp. | 6900 | 70666 |
|  | Kanadevia Corp. | 74700 | 479123 |
|  # | Kanagawa Chuo Kotsu Co. Ltd. | 2100 | 54285 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Kanamic Network Co. Ltd. | 5700 | $16685 |
|  # | Kanamoto Co. Ltd. | 10300 | 230947 |
|  | Kandenko Co. Ltd. | 43200 | 856335 |
|  | Kaneka Corp. | 15900 | 388584 |
|  | Kaneko Seeds Co. Ltd. | 3900 | 39155 |
|  | Kanematsu Corp. | 34500 | 599145 |
|  | Kanemi Co. Ltd. | 600 | 13569 |
|  # | Kanro, Inc. | 2500 | 72267 |
|  | Kansai Electric Power Co., Inc. | 67300 | 829165 |
|  | Kansai Paint Co. Ltd. | 52400 | 789841 |
|  # | Kanto Denka Kogyo Co. Ltd. | 16448 | 99771 |
|  | Kao Corp. | 20000 | 856431 |
|  # | Kappa Create Co. Ltd. | 6900 | 71207 |
|  | Katakura Industries Co. Ltd. | 8000 | 120941 |
|  | Katitas Co. Ltd. | 17600 | 255008 |
|  | Kato Sangyo Co. Ltd. | 5700 | 199415 |
|  | Kato Works Co. Ltd. | 5200 | 43471 |
|  | Kawada Technologies, Inc. | 5700 | 129338 |
|  | Kawai Musical Instruments Manufacturing Co. Ltd. | 2600 | 49735 |
|  | Kawasaki Heavy Industries Ltd. | 13300 | 793367 |
|  # | Kawasaki Kisen Kaisha Ltd. | 48866 | 670163 |
|  | KDDI Corp. | 298000 | 5281635 |
|  # | KeePer Technical Laboratory Co. Ltd. | 4700 | 136508 |
|  | Keihan Holdings Co. Ltd. | 27900 | 683323 |
|  | Keihanshin Building Co. Ltd. | 7700 | 81112 |
|  | Keikyu Corp. | 31500 | 327810 |
|  | Keio Corp. | 14900 | 405310 |
|  # | Keisei Electric Railway Co. Ltd. | 29557 | 306267 |
|  | KEIWA, Inc. | 2400 | 15473 |
|  | Keiyo Bank Ltd. | 36100 | 210387 |
|  | Kenko Mayonnaise Co. Ltd. | 4700 | 63001 |
|  | Kewpie Corp. | 27400 | 623222 |
|  | Keyence Corp. | 4300 | 1797794 |
|  | KH Neochem Co. Ltd. . | 11458 | 203066 |
|  # | Kibun Foods, Inc. | 4200 | 32069 |
|  | Kikkoman Corp. | 58800 | 575603 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  # | Kimura Chemical Plants Co. Ltd. | 5900 | $28518 |
|  | Kimura Unity Co. Ltd. | 2800 | 15199 |
|  | Kinden Corp. | 34500 | 893006 |
|  # | King Jim Co. Ltd. | 4200 | 25628 |
|  | Kintetsu Department Store Co. Ltd. | 3100 | 43330 |
|  | Kintetsu Group Holdings Co. Ltd. | 26200 | 564151 |
|  | Kirin Holdings Co. Ltd. | 83100 | 1257027 |
|  | Kissei Pharmaceutical Co. Ltd. | 11300 | 296557 |
|  # | Ki-Star Real Estate Co. Ltd. | 4300 | 149274 |
|  | Kitagawa Corp. | 4300 | 37379 |
|  # | Kita-Nippon Bank Ltd. | 3100 | 66399 |
|  | Kitano Construction Corp. | 1600 | 48098 |
|  # | Kitanotatsujin Corp. | 18900 | 18982 |
|  | Kitz Corp. | 25100 | 191428 |
|  | Kiyo Bank Ltd. | 29500 | 501398 |
|  #\* | KNT-CT Holdings Co. Ltd. | 3800 | 31334 |
|  # | Koa Corp. | 12400 | 71736 |
|  | Koa Shoji Holdings Co. Ltd. | 2400 | 11368 |
|  # | Koatsu Gas Kogyo Co. Ltd. | 12700 | 84208 |
|  # | Kobayashi Pharmaceutical Co. Ltd. | 6400 | 244159 |
|  | Kobe Bussan Co. Ltd. | 17000 | 519522 |
|  | Kobe Electric Railway Co. Ltd. | 1600 | 27271 |
|  | Kobe Steel Ltd. | 154000 | 1806094 |
|  | Koei Tecmo Holdings Co. Ltd. | 12820 | 219931 |
|  | Kohnan Shoji Co. Ltd. | 12300 | 324090 |
|  # | Kohoku Kogyo Co. Ltd. | 2400 | 30944 |
|  # | Kohsoku Corp. | 3200 | 47511 |
|  # | Koike-ya, Inc. | 1200 | 39208 |
|  | Koito Manufacturing Co. Ltd. | 56200 | 680725 |
|  # | Kojima Co. Ltd. | 14600 | 108070 |
|  # | Kokusai Electric Corp. | 30100 | 555801 |
|  | Kokuyo Co. Ltd. | 22900 | 469275 |
|  | Komatsu Ltd. | 125000 | 3614946 |
|  | Komatsu Matere Co. Ltd. | 10900 | 58832 |
|  | Komatsu Wall Industry Co. Ltd. | 6000 | 74587 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | KOMEDA Holdings Co. Ltd. | 14900 | $301187 |
|  # | Komehyo Holdings Co. Ltd. | 3700 | 74427 |
|  | Komeri Co. Ltd. | 9700 | 206704 |
|  | Komori Corp. | 16200 | 144274 |
|  | Konami Group Corp. | 12500 | 1785199 |
|  # | Kondotec, Inc. | 7700 | 77265 |
|  \* | Konica Minolta, Inc. | 163000 | 500297 |
|  | Konishi Co. Ltd. | 20200 | 158694 |
|  | Konoike Transport Co. Ltd. | 10300 | 189105 |
|  # | Konoshima Chemical Co. Ltd. | 3900 | 35250 |
|  # | Kosaido Holdings Co. Ltd. | 12700 | 43981 |
|  | Kose Corp. | 3100 | 133706 |
|  | Koshidaka Holdings Co. Ltd. | 17900 | 127438 |
|  # | Kotobuki Spirits Co. Ltd. | 37700 | 561141 |
|  \* | Kourakuen Corp. | 1300 | 9491 |
|  | Kozo Keikaku Engineering Holdings, Inc. | 1000 | 17994 |
|  | KPP Group Holdings Co. Ltd. | 16100 | 73619 |
|  | Krosaki Harima Corp. | 6400 | 112346 |
|  | KRS Corp. | 5400 | 69316 |
|  | K's Holdings Corp. | 57600 | 551637 |
|  | KU Holdings Co. Ltd. | 4300 | 32631 |
|  | Kubota Corp. (6326 JP) | 130900 | 1521109 |
|  | Kumagai Gumi Co. Ltd. | 12300 | 366544 |
|  # | Kumiai Chemical Industry Co. Ltd. | 27263 | 145568 |
|  # | Kura Sushi, Inc. | 6300 | 140529 |
|  # | Kurabo Industries Ltd. | 6000 | 262860 |
|  | Kuraray Co. Ltd. | 98200 | 1147122 |
|  # | Kureha Corp. | 13700 | 239796 |
|  | Kurimoto Ltd. | 3400 | 112575 |
|  | Kurita Water Industries Ltd. | 22100 | 731679 |
|  | Kuriyama Holdings Corp. | 5600 | 51515 |
|  | Kusuri No. Aoki Holdings Co. Ltd. | 19200 | 457265 |
|  | KYB Corp. | 14200 | 290276 |
|  | Kyocera Corp. | 152004 | 1801510 |
|  | Kyodo Printing Co. Ltd. | 10800 | 80443 |
|  | Kyoei Steel Ltd. | 8500 | 119810 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  # | Kyokuto Boeki Kaisha Ltd. | 6000 | $65394 |
|  | Kyokuto Kaihatsu Kogyo Co. Ltd. | 13200 | 221730 |
|  # | Kyokuto Securities Co. Ltd. | 9100 | 88250 |
|  | Kyokuyo Co. Ltd. | 3700 | 109109 |
|  | Kyorin Pharmaceutical Co. Ltd. | 16000 | 165430 |
|  | Kyoritsu Maintenance Co. Ltd. | 23300 | 494518 |
|  | Kyosan Electric Manufacturing Co. Ltd. | 17000 | 57019 |
|  | Kyoto Financial Group, Inc. | 53500 | 918301 |
|  | Kyowa Kirin Co. Ltd. | 27200 | 424717 |
|  | Kyudenko Corp. | 11200 | 376197 |
|  | Kyushu Electric Power Co., Inc. | 58200 | 518726 |
|  | Kyushu Financial Group, Inc. | 109299 | 551739 |
|  | Kyushu Railway Co | 21100 | 546096 |
|  | LA Holdings Co. Ltd. | 2100 | 101471 |
|  | Lacto Japan Co. Ltd. | 2400 | 59141 |
|  | Lasertec Corp. | 9000 | 836733 |
|  # | LEC, Inc. | 5500 | 48360 |
|  | Leopalace21 Corp. | 70800 | 290050 |
|  | Life Corp. | 12400 | 179618 |
|  | Lifedrink Co., Inc. | 13200 | 157096 |
|  | LIFULL Co. Ltd. | 28000 | 29715 |
|  # | LIKE, Inc. | 3000 | 31537 |
|  | Link & Motivation, Inc. | 16000 | 64197 |
|  | Lintec Corp. | 15338 | 293397 |
|  | Lion Corp. | 53800 | 659425 |
|  # | LITALICO, Inc. | 8700 | 75995 |
|  | Lixil Corp. | 81400 | 959186 |
|  | Loadstar Capital KK | 3000 | 53339 |
|  | Look Holdings, Inc. | 2300 | 39324 |
|  | LY Corp. | 140400 | 530996 |
|  | M&A Capital Partners Co. Ltd. | 900 | 17318 |
|  \* | M3, Inc. | 31700 | 397283 |
|  | Mabuchi Motor Co. Ltd. | 31300 | 457267 |
|  | Macnica Holdings, Inc. | 54597 | 759088 |
|  | Maeda Kosen Co. Ltd. | 18000 | 256611 |
|  | Maezawa Industries, Inc. | 2800 | 27552 |
|  | Maezawa Kasei Industries Co. Ltd. | 5600 | 68574 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Maezawa Kyuso Industries Co. Ltd. | 6800 | $59604 |
|  | Makino Milling Machine Co. Ltd. | 9300 | 733319 |
|  | Makita Corp. (6586 JP) | 21200 | 619974 |
|  # | Mamiya-Op Co. Ltd. | 1800 | 17392 |
|  # | Management Solutions Co. Ltd. | 3500 | 47390 |
|  | Mandom Corp. | 14500 | 138330 |
|  | Mani, Inc. | 21200 | 170721 |
|  | MarkLines Co. Ltd. | 3600 | 57580 |
|  # | Mars Group Holdings Corp. | 3500 | 73081 |
|  | Marubeni Corp. | 66300 | 1175410 |
|  | Marubun Corp. | 6700 | 43469 |
|  # | Maruchiyo Yamaokaya Corp. | 1300 | 40466 |
|  | Marudai Food Co. Ltd. | 6000 | 78125 |
|  | Maruha Nichiro Corp. | 20233 | 462314 |
|  | Marui Group Co. Ltd. | 40600 | 808163 |
|  | Maruichi Steel Tube Ltd. | 21000 | 496102 |
|  | MARUKA FURUSATO Corp. | 7553 | 121253 |
|  # | Marusan Securities Co. Ltd. | 17700 | 106714 |
|  | Maruwa Co. Ltd. | 1900 | 390690 |
|  | Maruyama Manufacturing Co., Inc. | 900 | 12488 |
|  | Maruzen Showa Unyu Co. Ltd. | 4800 | 201815 |
|  # | Marvelous, Inc. | 4000 | 13269 |
|  # | Matching Service Japan Co. Ltd. | 2600 | 16574 |
|  | Matsuda Sangyo Co. Ltd. | 6500 | 165336 |
|  # | Matsui Construction Co. Ltd. | 6600 | 44772 |
|  | Matsui Securities Co. Ltd. | 37200 | 191830 |
|  | MatsukiyoCocokara & Co | 57640 | 1058076 |
|  | Matsuya Co. Ltd. | 10300 | 65052 |
|  # | Matsuyafoods Holdings Co. Ltd. | 1800 | 74902 |
|  | Max Co. Ltd. | 6000 | 176952 |
|  | Maxell Ltd. | 15600 | 191206 |
|  | Maxvalu Tokai Co. Ltd. | 2400 | 50925 |
|  | Mazda Motor Corp. | 169000 | 1010419 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | McDonald's Holdings Co. Japan Ltd. | 7700 | $325582 |
|  | MCJ Co. Ltd. | 34200 | 319729 |
|  | Mebuki Financial Group, Inc. | 234190 | 1144282 |
|  | MEC Co. Ltd. | 5100 | 84406 |
|  # | Media Do Co. Ltd. | 2600 | 31837 |
|  | Medical System Network Co. Ltd. | 12800 | 42118 |
|  | Medikit Co. Ltd. | 600 | 10359 |
|  | Medipal Holdings Corp. | 44500 | 754083 |
|  # | Medius Holdings Co. Ltd. | 3700 | 25017 |
|  #\* | Medley, Inc. | 2400 | 57901 |
|  | Megachips Corp. | 5900 | 191964 |
|  | Megmilk Snow Brand Co. Ltd. | 16400 | 301558 |
|  | Meidensha Corp. | 17600 | 483516 |
|  # | Meiho Facility Works Ltd. | 3300 | 20613 |
|  | Meiji Electric Industries Co. Ltd. | 2500 | 26934 |
|  | MEIJI Holdings Co. Ltd. | 29200 | 717936 |
|  # | Meiji Shipping Group Co. Ltd. | 6900 | 30187 |
|  | Meiko Electronics Co. Ltd. | 8000 | 351419 |
|  | Meisei Industrial Co. Ltd. | 17000 | 166790 |
|  | MEITEC Group Holdings, Inc. | 26000 | 533665 |
|  | Meito Sangyo Co. Ltd. | 3300 | 48659 |
|  # | Meiwa Corp. | 11400 | 54499 |
|  # | Meiwa Estate Co. Ltd. | 3900 | 25604 |
|  | Menicon Co. Ltd. | 22100 | 218666 |
|  \* | Mercari, Inc. | 18273 | 296119 |
|  | Mercuria Holdings Co. Ltd. | 4100 | 23827 |
|  | METAWATER Co. Ltd. | 3400 | 48498 |
|  | Micronics Japan Co. Ltd. | 9600 | 203390 |
|  | Midac Holdings Co. Ltd. | 2700 | 43128 |
|  | Mie Kotsu Group Holdings, Inc. | 16900 | 59173 |
|  | Milbon Co. Ltd. | 5700 | 108385 |
|  | MIMAKI ENGINEERING Co. Ltd. | 7300 | 74029 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Minebea Mitsumi, Inc. | 72961 | $1069318 |
|  # | Mirai Industry Co. Ltd. | 2400 | 59684 |
|  | Miraial Co. Ltd. | 2200 | 19788 |
|  | Mirait One Corp. | 35000 | 550411 |
|  | Mirarth Holdings, Inc. | 31754 | 109905 |
|  | Miroku Jyoho Service Co. Ltd. | 5900 | 76593 |
|  | MISUMI Group, Inc. | 15100 | 211540 |
|  | Mitani Corp. | 7600 | 100626 |
|  # | Mitani Sangyo Co. Ltd. | 9700 | 23785 |
|  | Mitani Sekisan Co. Ltd. | 2200 | 104377 |
|  # | Mito Securities Co. Ltd. | 24400 | 91302 |
|  | Mitsuba Corp. | 13600 | 79864 |
|  | Mitsubishi Chemical Group Corp. | 384100 | 1867324 |
|  | Mitsubishi Corp. | 157590 | 2992095 |
|  | Mitsubishi Electric Corp. | 95900 | 1855223 |
|  | Mitsubishi Estate Co. Ltd. | 55200 | 969642 |
|  | Mitsubishi Gas Chemical Co., Inc. | 40200 | 612506 |
|  | Mitsubishi HC Capital, Inc. | 299200 | 2116582 |
|  | Mitsubishi Heavy Industries Ltd. | 77600 | 1529716 |
|  | Mitsubishi Kakoki Kaisha Ltd. | 9600 | 85448 |
|  | Mitsubishi Logisnext Co. Ltd. | 16000 | 224749 |
|  | Mitsubishi Logistics Corp. | 68000 | 469294 |
|  | Mitsubishi Materials Corp. | 40400 | 637210 |
|  | Mitsubishi Motors Corp. | 222300 | 615418 |
|  | Mitsubishi Paper Mills Ltd. | 8900 | 47928 |
|  | Mitsubishi Research Institute, Inc. | 3000 | 94204 |
|  | Mitsubishi Shokuhin Co. Ltd. | 7500 | 280775 |
|  | Mitsubishi Steel Manufacturing Co. Ltd. | 5400 | 59536 |
|  | Mitsubishi UFJ Financial Group, Inc. (8306 JP) | 557200 | 7020230 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Mitsuboshi Belting Ltd. | 6300 | $157978 |
|  | Mitsui & Co. Ltd. (8031 JP) | 120200 | 2430579 |
|  | Mitsui & Co. Ltd. (MITSY US), Sponsored ADR | 170 | 69071 |
|  | Mitsui Chemicals, Inc. | 32710 | 718793 |
|  | Mitsui DM Sugar Co. Ltd. | 6200 | 148500 |
|  # | Mitsui E&S Co. Ltd. | 26400 | 336846 |
|  | Mitsui Fudosan Co. Ltd. | 139200 | 1379562 |
|  | Mitsui High-Tec, Inc. | 40600 | 189641 |
|  # | Mitsui Matsushima Holdings Co. Ltd. | 5300 | 155966 |
|  | Mitsui Mining & Smelting Co. Ltd. | 19400 | 527427 |
|  # | Mitsui OSK Lines Ltd. | 47300 | 1575271 |
|  # | Mitsui-Soko Holdings Co. Ltd. | 22500 | 463753 |
|  | Mitsuuroko Group Holdings Co. Ltd. | 14700 | 185683 |
|  | Miura Co. Ltd. | 6000 | 127803 |
|  | MIXI, Inc. | 11000 | 244417 |
|  | Miyaji Engineering Group, Inc. | 8400 | 107668 |
|  | Miyazaki Bank Ltd. | 5900 | 130291 |
|  | Miyoshi Oil & Fat Co. Ltd. | 3800 | 45008 |
|  | Mizuho Financial Group, Inc. (8411 JP) | 139800 | 3495365 |
|  | Mizuho Leasing Co. Ltd. | 84000 | 618912 |
|  | Mizuho Medy Co. Ltd. | 3600 | 37996 |
|  | Mizuno Corp. | 21300 | 380147 |
|  | Mochida Pharmaceutical Co. Ltd. | 6400 | 138540 |
|  | Modec, Inc. | 12100 | 367209 |
|  # | Monogatari Corp. | 10200 | 265950 |
|  | MonotaRO Co. Ltd. | 40800 | 784701 |
|  | Morinaga & Co. Ltd. | 24500 | 436832 |
|  | Morinaga Milk Industry Co. Ltd. | 33400 | 793672 |
|  # | Moriroku Co. Ltd. | 1800 | 27772 |
|  | Morita Holdings Corp. | 9700 | 144736 |
|  | Morito Co. Ltd. | 6400 | 63878 |
|  | Morozoff Ltd. | 5400 | 67574 |
|  | Mory Industries, Inc. | 8000 | 57121 |
|  | MOS Food Services, Inc. | 900 | 23329 |
|  | MrMax Holdings Ltd. | 10500 | 49636 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | MS&AD Insurance Group Holdings, Inc. | 125700 | $2857136 |
|  | Mugen Estate Co. Ltd. | 4500 | 69823 |
|  | m-up Holdings, Inc. | 12400 | 163924 |
|  | Murakami Corp. | 2200 | 85421 |
|  | Murata Manufacturing Co. Ltd. | 58016 | 826528 |
|  | Musashi Seimitsu Industry Co. Ltd. | 16200 | 278610 |
|  | Musashino Bank Ltd. . | 8400 | 186157 |
|  | Muto Seiko Co | 2000 | 20180 |
|  | Nabtesco Corp. | 9900 | 148590 |
|  | Nachi-Fujikoshi Corp. | 5638 | 120697 |
|  | Nafco Co. Ltd. | 5700 | 72450 |
|  | Nagano Keiki Co. Ltd. | 5600 | 74192 |
|  | Nagase & Co. Ltd. | 40800 | 718635 |
|  | Nagase Brothers, Inc. | 4000 | 51514 |
|  | Nagawa Co. Ltd. | 800 | 34452 |
|  | Nagoya Railroad Co. Ltd. | 36500 | 445124 |
|  # | Nakabayashi Co. Ltd. | 9300 | 33658 |
|  | Nakamoto Packs Co. Ltd. | 1400 | 16683 |
|  # | Nakamuraya Co. Ltd. | 1900 | 43296 |
|  | Nakanishi, Inc. | 9900 | 129249 |
|  | Nakayama Steel Works Ltd. | 13800 | 70439 |
|  # | Namura Shipbuilding Co. Ltd. | 18000 | 254009 |
|  | Nankai Electric Railway Co. Ltd. | 21700 | 343575 |
|  | Nanto Bank Ltd. | 9400 | 257450 |
|  | Nanyo Corp. | 1600 | 13255 |
|  | Narasaki Sangyo Co. Ltd. | 1400 | 27181 |
|  | Natori Co. Ltd. | 2500 | 36057 |
|  # | NCD Co. Ltd./Shinagawa | 1700 | 32096 |
|  | NEC Capital Solutions Ltd. | 5300 | 150358 |
|  | NEC Corp. | 42000 | 1022398 |
|  | Neturen Co. Ltd. | 11900 | 77308 |
|  # | New Art Holdings Co. Ltd. | 3079 | 29932 |
|  | Nexon Co. Ltd. | 14000 | 219655 |
|  # | Nextage Co. Ltd. | 16500 | 205653 |
|  | NGK Insulators Ltd. | 63800 | 787293 |
|  | NH Foods Ltd. | 17600 | 664458 |
|  | NHK Spring Co. Ltd. | 70863 | 787519 |
|  | Nicca Chemical Co. Ltd. | 2100 | 19453 |
|  | Nice Corp. | 2400 | 26504 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Nichias Corp. | 23800 | $800677 |
|  | Nichiban Co. Ltd. | 4000 | 57242 |
|  | Nichicon Corp. | 21000 | 171786 |
|  # | Nichiden Corp. | 6000 | 119880 |
|  | Nichiha Corp. | 9600 | 194731 |
|  | Nichirei Corp. | 60200 | 825790 |
|  | Nichireki Group Co. Ltd. | 10800 | 186769 |
|  | Nichirin Co. Ltd. | 4500 | 110709 |
|  | NIDEC Corp. (6594 JP) | 63900 | 1135587 |
|  | Nifco, Inc. | 28600 | 709161 |
|  | Nihon Chouzai Co. Ltd. | 4700 | 96953 |
|  | Nihon Dempa Kogyo Co. Ltd. | 7900 | 43082 |
|  | Nihon Dengi Co. Ltd. | 2800 | 77002 |
|  | Nihon Denkei Co. Ltd. | 3900 | 52456 |
|  | Nihon Flush Co. Ltd. | 7095 | 40659 |
|  # | Nihon House Holdings Co. Ltd. | 12300 | 28288 |
|  | Nihon Kagaku Sangyo Co. Ltd. | 5600 | 58429 |
|  | Nihon M&A Center Holdings, Inc. | 93800 | 382586 |
|  | Nihon Nohyaku Co. Ltd. | 12200 | 70547 |
|  | Nihon Parkerizing Co. Ltd. | 31200 | 259902 |
|  | Nihon Tokushu Toryo Co. Ltd. | 5000 | 52146 |
|  | Nihon Trim Co. Ltd. | 1200 | 34552 |
|  | Nikkiso Co. Ltd. | 17600 | 146941 |
|  | Nikko Co. Ltd. | 10500 | 49966 |
|  | Nikkon Holdings Co. Ltd. | 39394 | 813135 |
|  | Nikon Corp. | 71700 | 689427 |
|  | Nintendo Co. Ltd. | 21100 | 1751722 |
|  | Nippi, Inc. | 300 | 11625 |
|  | Nippn Corp. | 17300 | 272684 |
|  | Nippon Air Conditioning Services Co. Ltd. | 6100 | 43353 |
|  | Nippon Aqua Co. Ltd. | 5000 | 25959 |
|  # | Nippon Avionics Co. Ltd. | 2000 | 41921 |
|  | Nippon Beet Sugar Manufacturing Co. Ltd. | 4800 | 79103 |
|  | Nippon Carbide Industries Co., Inc. | 3800 | 44814 |
|  # | Nippon Carbon Co. Ltd. | 1900 | 55714 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Nippon Care Supply Co. Ltd. | 800 | $11423 |
|  # | Nippon Chemical Industrial Co. Ltd. | 3000 | 44372 |
|  \* | Nippon Chemi-Con Corp. | 8400 | 57413 |
|  #\* | Nippon Coke & Engineering Co. Ltd. | 76400 | 46021 |
|  | Nippon Concept Corp. | 3900 | 47327 |
|  | Nippon Concrete Industries Co. Ltd. | 16800 | 39235 |
|  | Nippon Denko Co. Ltd. | 40192 | 75510 |
|  | Nippon Densetsu Kogyo Co. Ltd. | 13300 | 202133 |
|  | Nippon Dry-Chemical Co. Ltd. | 2800 | 82119 |
|  | Nippon Electric Glass Co. Ltd. | 31400 | 718455 |
|  | Nippon Express Holdings, Inc. | 73200 | 1307195 |
|  | Nippon Fine Chemical Co. Ltd. | 4300 | 64369 |
|  | Nippon Gas Co. Ltd. | 38600 | 711968 |
|  # | Nippon Hume Corp. | 9000 | 118855 |
|  | Nippon Kayaku Co. Ltd. | 48000 | 452237 |
|  # | Nippon Kodoshi Corp. | 3100 | 38696 |
|  | Nippon Light Metal Holdings Co. Ltd. | 21440 | 223532 |
|  | Nippon Paint Holdings Co. Ltd. | 127400 | 970631 |
|  | Nippon Paper Industries Co. Ltd. | 37700 | 291481 |
|  | Nippon Parking Development Co. Ltd. | 76500 | 127641 |
|  | Nippon Rietec Co. Ltd. | 2400 | 27169 |
|  | Nippon Road Co. Ltd. | 8700 | 119163 |
|  | Nippon Sanso Holdings Corp. | 34100 | 1091311 |
|  | Nippon Seiki Co. Ltd. | 16200 | 124044 |
|  # | Nippon Seisen Co. Ltd. | 3500 | 26014 |
|  | Nippon Sharyo Ltd. | 3200 | 45217 |
|  \* | Nippon Sheet Glass Co. Ltd. | 34300 | 98385 |
|  | Nippon Shinyaku Co. Ltd. | 15100 | 389344 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Nippon Shokubai Co. Ltd. | 38900 | $455874 |
|  | Nippon Signal Co. Ltd. | 14900 | 102214 |
|  | Nippon Soda Co. Ltd. | 18000 | 337718 |
|  | Nippon Steel Corp. | 92399 | 1944787 |
|  | Nippon Telegraph & Telephone Corp. | 1415000 | 1479066 |
|  | Nippon Television Holdings, Inc. | 7700 | 178316 |
|  | Nippon Thompson Co. Ltd. | 20000 | 68240 |
|  | Nippon Yakin Kogyo Co. Ltd. | 3890 | 110473 |
|  | Nippon Yusen KK | 63300 | 2068195 |
|  | Nipro Corp. | 51697 | 458123 |
|  # | Nishikawa Rubber Co. Ltd. | 7600 | 131501 |
|  | Nishimatsu Construction Co. Ltd. | 15100 | 561830 |
|  | Nishimatsuya Chain Co. Ltd. | 9500 | 147007 |
|  | Nishi-Nippon Financial Holdings, Inc. | 47600 | 699237 |
|  | Nishi-Nippon Railroad Co. Ltd. | 13200 | 202932 |
|  | Nishio Holdings Co. Ltd. | 7100 | 204297 |
|  | Nissan Chemical Corp. | 30100 | 880384 |
|  \* | Nissan Motor Co. Ltd. | 340600 | 810842 |
|  # | Nissan Shatai Co. Ltd. | 19600 | 145013 |
|  | Nissan Tokyo Sales Holdings Co. Ltd. | 10900 | 37258 |
|  | Nissei ASB Machine Co. Ltd. | 1900 | 60517 |
|  # | Nissei Plastic Industrial Co. Ltd. | 5600 | 32654 |
|  | Nissha Co. Ltd. | 15200 | 130260 |
|  # | Nisshin Group Holdings Co. Ltd. | 14000 | 50136 |
|  | Nisshin Oillio Group Ltd. | 11500 | 396972 |
|  | Nisshin Seifun Group, Inc. | 49800 | 642505 |
|  | Nisshinbo Holdings, Inc. | 54548 | 326072 |
|  | Nissin Corp. | 5200 | 175254 |
|  | Nissin Foods Holdings Co. Ltd. | 8400 | 185210 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  # | Nisso Holdings Co. Ltd. | 3700 | $17872 |
|  | Nissui Corp. | 161400 | 981673 |
|  | Niterra Co. Ltd. | 42100 | 1310861 |
|  | Nitori Holdings Co. Ltd. | 5800 | 690111 |
|  | Nitta Corp. | 6400 | 164524 |
|  | Nitta Gelatin, Inc. | 5000 | 28658 |
|  | Nittetsu Mining Co. Ltd. | 4400 | 191350 |
|  | Nitto Boseki Co. Ltd. | 1800 | 47839 |
|  | Nitto Denko Corp. | 137900 | 2423842 |
|  | Nitto Fuji Flour Milling Co. Ltd. | 1000 | 48108 |
|  # | Nitto Kogyo Corp. | 8000 | 167943 |
|  | Nitto Kohki Co. Ltd. | 4300 | 51391 |
|  | Nitto Seiko Co. Ltd. | 9400 | 38943 |
|  | Nittoc Construction Co. Ltd. | 10600 | 77437 |
|  # | Nittoku Co. Ltd. | 5500 | 78135 |
|  | NJS Co. Ltd. | 2700 | 78210 |
|  | Noevir Holdings Co. Ltd. | 5200 | 150336 |
|  | NOF Corp. | 43400 | 653294 |
|  | Nohmi Bosai Ltd. | 5500 | 128000 |
|  | Nojima Corp. | 24572 | 441797 |
|  | NOK Corp. | 20200 | 279140 |
|  | Nomura Holdings, Inc. (8604 JP) | 247000 | 1376670 |
|  | Nomura Holdings, Inc. (NMR US), Sponsored ADR | 9532 | 52903 |
|  # | Nomura Micro Science Co. Ltd. | 1300 | 21315 |
|  | Nomura Real Estate Holdings, Inc. | 115500 | 686930 |
|  | Nomura Research Institute Ltd. | 22409 | 848571 |
|  | Noritake Co. Ltd. | 8400 | 218923 |
|  | Noritsu Koki Co. Ltd. | 9100 | 287351 |
|  | Noritz Corp. | 9600 | 118045 |
|  | North Pacific Bank Ltd. | 95800 | 334944 |
|  # | NPC, Inc. | 5000 | 26546 |
|  | NPR-RIKEN Corp. | 8448 | 140104 |
|  | NS Solutions Corp. | 12100 | 287070 |
|  # | NS Tool Co. Ltd. | 5600 | 27774 |
|  | NS United Kaiun Kaisha Ltd. | 5100 | 134937 |
|  | NSD Co. Ltd. | 22540 | 530647 |
|  | NSK Ltd. | 93100 | 406670 |
|  # | NSW, Inc. | 3100 | 67297 |
|  | NTN Corp. | 162100 | 249653 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | NTT Data Group Corp. | 77600 | $1541166 |
|  #\* | Nxera Pharma Co. Ltd. | 13500 | 84587 |
|  | Oat Agrio Co. Ltd. | 4000 | 57479 |
|  | Obara Group, Inc. | 2500 | 58202 |
|  | Obayashi Corp. | 80800 | 1253626 |
|  | OBIC Business Consultants Co. Ltd. | 1200 | 57686 |
|  | Obic Co. Ltd. | 14900 | 521671 |
|  | Odakyu Electric Railway Co. Ltd. | 44999 | 496803 |
|  | Oenon Holdings, Inc. | 16000 | 51889 |
|  | Ogaki Kyoritsu Bank Ltd. | 14300 | 232071 |
|  # | Ohara, Inc. | 2000 | 14479 |
|  # | Ohashi Technica, Inc. | 4000 | 55063 |
|  | Ohba Co. Ltd. | 4600 | 34438 |
|  | Ohsho Food Service Corp. | 12000 | 271449 |
|  | OIE Sangyo Co. Ltd. | 1100 | 15215 |
|  | Oiles Corp. | 8600 | 128671 |
|  | Oita Bank Ltd. | 5400 | 128888 |
|  | Oji Holdings Corp. | 248300 | 1172108 |
|  | Okabe Co. Ltd. | 12300 | 76470 |
|  | Okada Aiyon Corp. | 800 | 10476 |
|  | Okamoto Industries, Inc. | 3600 | 126916 |
|  | Okamoto Machine Tool Works Ltd. | 1900 | 46534 |
|  | Okamura Corp. | 24200 | 336021 |
|  | Okasan Securities Group, Inc. | 51100 | 228161 |
|  | Oki Electric Industry Co. Ltd. | 31674 | 210957 |
|  | Okinawa Cellular Telephone Co | 9400 | 278727 |
|  # | Okinawa Electric Power Co., Inc. | 11007 | 73345 |
|  | Okinawa Financial Group, Inc. | 6300 | 109280 |
|  | OKUMA Corp. | 15198 | 341446 |
|  | Okumura Corp. | 10100 | 313270 |
|  | Okura Industrial Co. Ltd. | 3400 | 98404 |
|  | Okuwa Co. Ltd. | 11200 | 71487 |
|  | Olympus Corp. | 115700 | 1516016 |
|  | Omron Corp. | 15800 | 469022 |
|  | Ono Pharmaceutical Co. Ltd. | 44946 | 517370 |
|  # | Onoken Co. Ltd. | 6700 | 70167 |
|  | Onward Holdings Co. Ltd. | 39600 | 160346 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Ootoya Holdings Co. Ltd. | 1300 | $47574 |
|  | Open House Group Co. Ltd. | 26800 | 1188363 |
|  | Open Up Group, Inc. | 14400 | 185492 |
|  | Optex Group Co. Ltd. | 10520 | 112564 |
|  #\* | Optim Corp. | 4400 | 20151 |
|  | Oracle Corp. Japan | 3500 | 420775 |
|  | Organo Corp. | 9400 | 449968 |
|  | Orient Corp. | 20440 | 112210 |
|  | Oriental Land Co. Ltd. | 40300 | 853534 |
|  | Oriental Shiraishi Corp. | 55500 | 146216 |
|  | ORIX Corp. (8591 JP) | 87900 | 1763277 |
|  | Oro Co. Ltd. | 3200 | 53582 |
|  | Osaka Gas Co. Ltd. | 31300 | 793707 |
|  # | Osaka Organic Chemical Industry Ltd. | 5000 | 84275 |
|  # | Osaka Steel Co. Ltd. | 4700 | 78905 |
|  # | OSAKA Titanium Technologies Co. Ltd. | 11200 | 129701 |
|  | Osaki Electric Co. Ltd. | 13700 | 81538 |
|  # | OSG Corp. | 24206 | 287734 |
|  | Otsuka Corp. | 26400 | 585527 |
|  | Otsuka Holdings Co. Ltd. | 27400 | 1335771 |
|  | OUG Holdings, Inc. | 1200 | 26499 |
|  | Oyo Corp. | 7500 | 140596 |
|  | Ozu Corp. | 2400 | 30076 |
|  # | Pacific Industrial Co. Ltd. | 17200 | 151042 |
|  # | Pacific Metals Co. Ltd. | 7000 | 84948 |
|  | Pack Corp. | 3200 | 72732 |
|  | PAL GROUP Holdings Co. Ltd. | 14600 | 401716 |
|  | PALTAC Corp. | 8400 | 232946 |
|  | Pan Pacific International Holdings Corp. | 45700 | 1406986 |
|  | Panasonic Holdings Corp. | 221200 | 2536271 |
|  | Paraca, Inc. | 2700 | 35459 |
|  | Paramount Bed Holdings Co. Ltd. | 10800 | 173971 |
|  | Park24 Co. Ltd. | 35500 | 502971 |
|  | Pasona Group, Inc. | 9600 | 148925 |
|  | Pegasus Co. Ltd. | 6000 | 19947 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Penta-Ocean Construction Co. Ltd. | 101300 | $581121 |
|  | People Dreams & Technologies Group Co. Ltd. | 3400 | 42228 |
|  \* | PeptiDream, Inc. | 31800 | 432894 |
|  | Persol Holdings Co. Ltd. | 433000 | 784281 |
|  # | Pharma Foods International Co. Ltd. | 10000 | 64106 |
|  | PHC Holdings Corp. | 10500 | 70845 |
|  #\* | PIA Corp. | 2300 | 42530 |
|  # | Pickles Holdings Co. Ltd. | 4300 | 27900 |
|  | Pigeon Corp. | 26200 | 317279 |
|  | PILLAR Corp. | 7600 | 193376 |
|  | Pilot Corp. | 7600 | 212125 |
|  | Piolax, Inc. | 11800 | 180932 |
|  #\* | PKSHA Technology, Inc. | 700 | 13925 |
|  # | Plus Alpha Consulting Co. Ltd. | 8300 | 96579 |
|  # | Port, Inc. | 3300 | 43211 |
|  | PR Times Corp. | 2500 | 39819 |
|  | Premium Group Co. Ltd. | 13600 | 203193 |
|  | Premium Water Holdings, Inc. | 1800 | 36019 |
|  | Press Kogyo Co. Ltd. | 28800 | 109866 |
|  | Prestige International, Inc. | 29600 | 138991 |
|  | Prima Meat Packers Ltd. | 9000 | 144858 |
|  | Procrea Holdings, Inc. | 9601 | 109814 |
|  # | Pronexus, Inc. | 4200 | 35872 |
|  # | Pro-Ship, Inc. | 2700 | 40120 |
|  | PS Construction Co. Ltd. | 5040 | 53954 |
|  | QB Net Holdings Co. Ltd. | 3700 | 28766 |
|  | Qol Holdings Co. Ltd. | 9000 | 144723 |
|  | Quick Co. Ltd. | 4000 | 58937 |
|  # | Raccoon Holdings, Inc. | 6000 | 34539 |
|  | Raito Kogyo Co. Ltd. | 17700 | 329211 |
|  | Raiznext Corp. | 13300 | 138945 |
|  | Raksul, Inc. | 14600 | 117768 |
|  | Rakus Co. Ltd. | 32900 | 499909 |
|  \* | Rakuten Bank Ltd. | 26500 | 1114529 |
|  \* | Rakuten Group, Inc. | 37800 | 222881 |
|  | Rasa Corp. | 4400 | 43924 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Rasa Industries Ltd. | 4400 | $84571 |
|  | Recruit Holdings Co. Ltd. | 98000 | 5430695 |
|  | Relo Group, Inc. | 31700 | 418861 |
|  # | Renaissance, Inc. | 3700 | 27317 |
|  | Renesas Electronics Corp. | 186300 | 2186279 |
|  | Rengo Co. Ltd. | 93000 | 519172 |
|  #\* | RENOVA, Inc. | 13800 | 63213 |
|  | Resol Holdings Co. Ltd. | 500 | 17738 |
|  | Resona Holdings, Inc. | 242050 | 1941673 |
|  | Resonac Holdings Corp. | 65500 | 1191311 |
|  | Resorttrust, Inc. | 67000 | 689530 |
|  | Restar Corp. | 5100 | 79943 |
|  | Retail Partners Co. Ltd. | 8300 | 79791 |
|  | Rheon Automatic Machinery Co. Ltd. | 6000 | 48880 |
|  # | Rhythm Co. Ltd. | 2400 | 63354 |
|  | Ricoh Co. Ltd. | 89200 | 938216 |
|  | Ricoh Leasing Co. Ltd. | 6700 | 258025 |
|  | Riken Keiki Co. Ltd. | 6800 | 126818 |
|  | Riken Technos Corp. | 14600 | 102606 |
|  | Riken Vitamin Co. Ltd. | 4400 | 76760 |
|  | Ringer Hut Co. Ltd. | 4300 | 67107 |
|  | Rinnai Corp. | 25100 | 562201 |
|  | Rion Co. Ltd. | 2700 | 45099 |
|  | Riso Kagaku Corp. | 2800 | 23959 |
|  # | Riso Kyoiku Co. Ltd. | 14136 | 24107 |
|  | Rohm Co. Ltd. | 75500 | 687427 |
|  | Rohto Pharmaceutical Co. Ltd. | 27500 | 459998 |
|  # | Rokko Butter Co. Ltd. | 5300 | 47004 |
|  | Roland Corp. | 5000 | 110996 |
|  | Rorze Corp. | 32000 | 322074 |
|  | Round One Corp. | 70700 | 438860 |
|  | Royal Holdings Co. Ltd. | 11700 | 213165 |
|  | RS Technologies Co. Ltd. | 2100 | 39097 |
|  | Ryobi Ltd. | 7500 | 109351 |
|  | RYODEN Corp. | 6400 | 108379 |
|  | Ryohin Keikaku Co. Ltd. | 42300 | 1429763 |
|  | Ryoyo Ryosan Holdings, Inc. | 7816 | 131264 |
|  | S Foods, Inc. | 6900 | 130303 |
|  | S&B Foods, Inc. | 5400 | 106944 |
|  # | Sac's Bar Holdings, Inc. | 5800 | 33932 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Saibu Gas Holdings Co. Ltd. | 5400 | $65049 |
|  | Saizeriya Co. Ltd. | 9200 | 296572 |
|  | Sakai Chemical Industry Co. Ltd. | 5400 | 95078 |
|  | Sakai Heavy Industries Ltd. | 2800 | 39786 |
|  | Sakai Moving Service Co. Ltd. | 6720 | 114956 |
|  | Sakata INX Corp. | 16000 | 207663 |
|  | Sakata Seed Corp. | 8900 | 206134 |
|  | Sala Corp. | 18339 | 117460 |
|  | San Holdings, Inc. | 8000 | 67460 |
|  | San ju San Financial Group, Inc. | 7790 | 125273 |
|  | San-A Co. Ltd. | 9800 | 194602 |
|  | San-Ai Obbli Co. Ltd. | 26600 | 312372 |
|  | Sangetsu Corp. | 14900 | 303049 |
|  | San-In Godo Bank Ltd. | 53800 | 477969 |
|  \* | Sanken Electric Co. Ltd. | 8800 | 388659 |
|  | Sanki Engineering Co. Ltd. | 15700 | 401150 |
|  | Sanko Gosei Ltd. | 6000 | 25647 |
|  | Sanko Metal Industrial Co. Ltd. | 1400 | 57967 |
|  | Sankyo Co. Ltd. | 53500 | 814299 |
|  | Sankyo Frontier Co. Ltd. | 2000 | 26903 |
|  | Sankyo Seiko Co. Ltd. | 9600 | 42771 |
|  | Sankyo Tateyama, Inc. | 10700 | 47807 |
|  | Sankyu, Inc. | 19500 | 853437 |
|  # | Sanoh Industrial Co. Ltd. | 12800 | 55434 |
|  | Sanrio Co. Ltd. | 23900 | 952324 |
|  | Sansei Technologies, Inc. | 2300 | 20360 |
|  # | Sanshin Electronics Co. Ltd. | 2900 | 40155 |
|  # | Santec Holdings Corp. | 1600 | 46625 |
|  | Santen Pharmaceutical Co. Ltd. | 75000 | 759629 |
|  | Sanwa Holdings Corp. | 31600 | 1037197 |
|  | Sanyo Chemical Industries Ltd. | 4900 | 123446 |
|  | Sanyo Denki Co. Ltd. | 4000 | 274900 |
|  | Sanyo Electric Railway Co. Ltd. | 4200 | 59374 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Sanyo Shokai Ltd. | 3400 | $65640 |
|  | Sanyo Trading Co. Ltd. | 8758 | 86145 |
|  # | Sapporo Holdings Ltd. | 8600 | 477588 |
|  | Sata Construction Co. Ltd. | 4100 | 31499 |
|  | Sato Corp. | 9135 | 132194 |
|  # | Sato Shoji Corp. | 5200 | 53607 |
|  # | Satori Electric Co. Ltd. | 3600 | 41674 |
|  | Sawai Group Holdings Co. Ltd. | 38100 | 548999 |
|  | SAXA, Inc. | 2100 | 44463 |
|  \* | SBI ARUHI Corp. | 7200 | 39753 |
|  # | SBI Global Asset Management Co. Ltd. | 5900 | 26369 |
|  | SBI Holdings, Inc. | 34200 | 899271 |
|  # | SBI Sumishin Net Bank Ltd. | 16100 | 469803 |
|  | SBS Holdings, Inc. | 5900 | 118428 |
|  | SCREEN Holdings Co. Ltd. | 13600 | 904359 |
|  | Scroll Corp. | 13800 | 99250 |
|  | SCSK Corp. | 23400 | 612037 |
|  | SEC Carbon Ltd. | 3600 | 49937 |
|  | Secom Co. Ltd. | 17000 | 625097 |
|  # | Seed Co. Ltd. | 3100 | 10325 |
|  | Sega Sammy Holdings, Inc. | 18000 | 377793 |
|  | Segue Group Co. Ltd. | 2500 | 9442 |
|  | Seibu Holdings, Inc. | 50600 | 1222935 |
|  | Seika Corp. | 3700 | 113851 |
|  | Seikagaku Corp. | 14400 | 71560 |
|  # | Seikitokyu Kogyo Co. Ltd. | 7000 | 76150 |
|  | Seiko Epson Corp. | 43274 | 600343 |
|  | Seiko Group Corp. | 11400 | 300922 |
|  | Seino Holdings Co. Ltd. | 34400 | 541397 |
|  # | Seiren Co. Ltd. | 12700 | 197323 |
|  | Sekisui Chemical Co. Ltd. | 64100 | 1120078 |
|  | Sekisui House Ltd. | 58300 | 1340329 |
|  | Sekisui Jushi Corp. | 9000 | 117653 |
|  | Sekisui Kasei Co. Ltd. | 9100 | 20869 |
|  | SEMITEC Corp. | 1600 | 19978 |
|  | Senko Group Holdings Co. Ltd. | 53800 | 639552 |
|  # | Senshu Electric Co. Ltd. | 3200 | 98544 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Senshu Ikeda Holdings, Inc. | 83500 | $275737 |
|  #\* | Senshukai Co. Ltd. | 11500 | 21411 |
|  | Septeni Holdings Co. Ltd. | 10000 | 25595 |
|  | Seria Co. Ltd. | 12100 | 245656 |
|  | Seven & i Holdings Co. Ltd. | 382600 | 5632109 |
|  | Seven Bank Ltd. | 194700 | 350367 |
|  # | SFP Holdings Co. Ltd. | 1700 | 25727 |
|  | SG Holdings Co. Ltd. | 47800 | 503317 |
|  | Sharingtechnology, Inc. | 8000 | 63679 |
|  #\* | Sharp Corp. | 40354 | 239236 |
|  # | Shibaura Electronics Co. Ltd. | 7000 | 288920 |
|  | Shibaura Machine Co. Ltd. | 8700 | 219635 |
|  | Shibaura Mechatronics Corp. | 3900 | 182919 |
|  | Shibusawa Logistics Corp. | 4200 | 93743 |
|  | Shibuya Corp. | 6000 | 130264 |
|  \* | SHIFT, Inc. | 66000 | 603913 |
|  | Shiga Bank Ltd. | 14500 | 583046 |
|  | Shikibo Ltd. | 4500 | 30510 |
|  | Shikoku Bank Ltd. | 12700 | 105590 |
|  | Shikoku Electric Power Co., Inc. | 35600 | 292562 |
|  | Shikoku Kasei Holdings Corp. | 11500 | 148133 |
|  | Shima Seiki Manufacturing Ltd. | 10000 | 61330 |
|  | Shimadaya Corp. | 1800 | 23576 |
|  | Shimadzu Corp. | 15900 | 406999 |
|  | Shimamura Co. Ltd. | 11200 | 745236 |
|  | Shimano, Inc. | 3774 | 531701 |
|  # | Shimizu Bank Ltd. | 4300 | 42421 |
|  | Shimizu Corp. | 59200 | 632439 |
|  # | Shimojima Co. Ltd. | 4300 | 37164 |
|  | Shin Nippon Air Technologies Co. Ltd. | 5800 | 85692 |
|  | Shin Nippon Biomedical Laboratories Ltd. | 2600 | 26230 |
|  | Shinagawa Refractories Co. Ltd. | 13500 | 155704 |
|  # | Shindengen Electric Manufacturing Co. Ltd. | 3400 | 49178 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Shin-Etsu Chemical Co. Ltd. | 93800 | $2854472 |
|  | Shin-Etsu Polymer Co. Ltd. | 18100 | 185457 |
|  # | Shinki Bus Co. Ltd. | 500 | 12028 |
|  # | Shinko Shoji Co. Ltd. | 11400 | 71070 |
|  | Shinmaywa Industries Ltd. | 20300 | 191289 |
|  | Shinnihon Corp. | 13500 | 156012 |
|  | Shinnihonseiyaku Co. Ltd. | 3100 | 52018 |
|  | Shinsho Corp. | 6600 | 86994 |
|  | Shinwa Co. Ltd. (3447 JP) | 2800 | 14236 |
|  | Shinwa Co. Ltd. (7607 JP) | 2500 | 53031 |
|  | Shionogi & Co. Ltd. | 92100 | 1547327 |
|  | Ship Healthcare Holdings, Inc. | 30700 | 445379 |
|  | Shiseido Co. Ltd. | 14800 | 243330 |
|  | Shizuoka Financial Group, Inc. | 75000 | 833440 |
|  | Shizuoka Gas Co. Ltd. | 17000 | 140091 |
|  | SHO-BOND Holdings Co. Ltd. | 10600 | 380502 |
|  | Shoei Co. Ltd. | 17600 | 206711 |
|  # | Shoei Foods Corp. | 2200 | 62623 |
|  | Shofu, Inc. | 2600 | 39779 |
|  | Showa Sangyo Co. Ltd. | 6200 | 131290 |
|  | SIGMAXYZ Holdings, Inc. | 24000 | 175908 |
|  | Siix Corp. | 11500 | 84682 |
|  \* | Simplex Holdings, Inc. | 10000 | 211655 |
|  | Sinanen Holdings Co. Ltd. | 1900 | 88356 |
|  | Sinfonia Technology Co. Ltd. | 9600 | 410486 |
|  | Sinko Industries Ltd. | 17400 | 147086 |
|  | Sintokogio Ltd. | 14700 | 85686 |
|  | SK Kaken Co. Ltd. | 2000 | 124899 |
|  | SK-Electronics Co. Ltd. | 2900 | 46771 |
|  | SKY Perfect JSAT Holdings, Inc. | 61300 | 495557 |
|  | Skylark Holdings Co. Ltd. | 60800 | 1261858 |
|  # | Smaregi, Inc. | 2900 | 63895 |
|  | SMC Corp. | 800 | 258913 |
|  # | SMK Corp. | 1799 | 29507 |
|  | SMS Co. Ltd. | 23200 | 215017 |
|  | Socionext, Inc. | 60600 | 651788 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  # | Soda Nikka Co. Ltd. | 8400 | $60537 |
|  | Sodick Co. Ltd. | 16900 | 88823 |
|  | SoftBank Corp. | 1669000 | 2525606 |
|  | SoftBank Group Corp. | 128044 | 6475138 |
|  | Softcreate Holdings Corp. | 6400 | 88003 |
|  | Software Service, Inc. | 900 | 79302 |
|  | Sohgo Security Services Co. Ltd. | 69100 | 546143 |
|  | Sojitz Corp. | 37340 | 883383 |
|  | Soken Chemical & Engineering Co. Ltd. | 6000 | 63774 |
|  | Solasto Corp. | 22100 | 68280 |
|  | Soliton Systems KK | 3100 | 27146 |
|  | Sompo Holdings, Inc. | 103500 | 3391808 |
|  | Sony Group Corp. (6758 JP) | 538000 | 14193938 |
|  # | Sony Group Corp. (SONY US), Sponsored ADR | 46500 | 1209000 |
|  | Sotetsu Holdings, Inc. | 16600 | 253098 |
|  # | Space Co. Ltd. | 5050 | 38652 |
|  | Sparx Group Co. Ltd. | 9680 | 97922 |
|  | SPK Corp. | 3600 | 52054 |
|  # | S-Pool, Inc. | 12800 | 26870 |
|  | Square Enix Holdings Co. Ltd. | 4400 | 254421 |
|  | SRA Holdings | 3800 | 115712 |
|  | SRE Holdings Corp. | 2900 | 71559 |
|  | SRS Holdings Co. Ltd. | 9600 | 80038 |
|  # | ST Corp. | 3000 | 31530 |
|  | St. Care Holding Corp. | 8200 | 44395 |
|  | Stanley Electric Co. Ltd. | 32500 | 609014 |
|  | Star Mica Holdings Co. Ltd. | 10200 | 69681 |
|  | Star Micronics Co. Ltd. | 9500 | 108944 |
|  | Startia Holdings, Inc. | 2700 | 39897 |
|  | Starts Corp., Inc. | 12500 | 339977 |
|  | Starzen Co. Ltd. | 17700 | 151131 |
|  | Stella Chemifa Corp. | 2900 | 75739 |
|  | Step Co. Ltd. | 2900 | 46332 |
|  | STI Foods Holdings, Inc. | 3300 | 28482 |
|  | Strike Co. Ltd. | 3200 | 65823 |
|  | Studio Alice Co. Ltd. | 4500 | 66451 |
|  | Subaru Corp. | 179816 | 3256093 |
|  | Subaru Enterprise Co. Ltd. | 3000 | 69196 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Sugi Holdings Co. Ltd. | 27800 | $583962 |
|  # | Sugimoto & Co. Ltd. | 7600 | 85596 |
|  # | SUMCO Corp. | 100000 | 689609 |
|  | Sumida Corp. | 13700 | 90770 |
|  | Suminoe Co. Ltd. | 2400 | 21145 |
|  # | Sumiseki Holdings, Inc. | 7800 | 38951 |
|  | Sumitomo Bakelite Co. Ltd. | 27800 | 646375 |
|  | Sumitomo Chemical Co. Ltd. | 316400 | 764836 |
|  | Sumitomo Corp. | 72900 | 1779954 |
|  | Sumitomo Densetsu Co. Ltd. | 7100 | 260938 |
|  | Sumitomo Electric Industries Ltd. | 117900 | 1895054 |
|  | Sumitomo Forestry Co. Ltd. | 47300 | 1361966 |
|  | Sumitomo Heavy Industries Ltd. | 31400 | 653805 |
|  | Sumitomo Metal Mining Co. Ltd. | 33000 | 732172 |
|  | Sumitomo Mitsui Construction Co. Ltd. | 7288 | 25830 |
|  | Sumitomo Mitsui Financial Group, Inc. (8316 JP) | 217800 | 5196101 |
|  | Sumitomo Mitsui Trust Group, Inc. | 45200 | 1118191 |
|  | Sumitomo Osaka Cement Co. Ltd. | 12700 | 346819 |
|  | Sumitomo Realty & Development Co. Ltd. | 35500 | 1322243 |
|  | Sumitomo Riko Co. Ltd. | 14500 | 165825 |
|  | Sumitomo Rubber Industries Ltd. | 59228 | 745876 |
|  | Sumitomo Seika Chemicals Co. Ltd. | 3085 | 102885 |
|  | Sumitomo Warehouse Co. Ltd. | 24700 | 479778 |
|  | Sun Frontier Fudousan Co. Ltd. | 18200 | 249065 |
|  | Sundrug Co. Ltd. | 19600 | 653117 |
|  | Suntory Beverage & Food Ltd. | 18400 | 642911 |
|  | Sun-Wa Technos Corp. | 4300 | 63702 |
|  # | SUNWELS Co. Ltd. | 2100 | 8417 |
|  # | Suruga Bank Ltd. | 45200 | 400377 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Suzuden Corp. | 1000 | $13614 |
|  | Suzuken Co. Ltd. | 15770 | 569733 |
|  | Suzuki Co. Ltd. | 6500 | 73535 |
|  | Suzuki Motor Corp. | 184000 | 2204993 |
|  | SWCC Corp. | 14200 | 645284 |
|  | Sysmex Corp. | 61000 | 1132352 |
|  | System Research Co. Ltd. | 5300 | 65101 |
|  | System Support Holdings, Inc. | 2300 | 32379 |
|  | Systems Engineering Consultants Co. Ltd. | 700 | 21791 |
|  | Systena Corp. | 103500 | 270725 |
|  | Syuppin Co. Ltd. | 8000 | 61494 |
|  | T Hasegawa Co. Ltd. | 9500 | 190398 |
|  | T RAD Co. Ltd. | 2200 | 59070 |
|  | T&D Holdings, Inc. | 61900 | 1317146 |
|  | Tachibana Eletech Co. Ltd. | 6280 | 102705 |
|  # | Tachikawa Corp. | 4700 | 49396 |
|  | Tachi-S Co. Ltd. | 12300 | 135690 |
|  | Tadano Ltd. | 36700 | 254260 |
|  | Taihei Dengyo Kaisha Ltd. | 3800 | 129958 |
|  | Taiheiyo Cement Corp. | 36609 | 985711 |
|  | Taikisha Ltd. | 11200 | 183321 |
|  # | Taiko Bank Ltd. | 3600 | 35608 |
|  | Taisei Corp. | 18100 | 981418 |
|  | Taisei Lamick Group Head Quarter & Innovation Co. Ltd. | 2700 | 46844 |
|  # | Taisei Oncho Co. Ltd. | 1100 | 28858 |
|  | Taiyo Holdings Co. Ltd. | 13400 | 496121 |
|  | Taiyo Yuden Co. Ltd. | 38900 | 586700 |
|  | Takamatsu Construction Group Co. Ltd. | 5500 | 111414 |
|  # | Takamiya Co. Ltd. | 13500 | 36266 |
|  | Takaoka Toko Co. Ltd. | 4200 | 67547 |
|  | Takara & Co. Ltd. | 2400 | 58157 |
|  | Takara Bio, Inc. | 13100 | 74992 |
|  | Takara Holdings, Inc. | 44800 | 361583 |
|  | Takara Standard Co. Ltd. | 14900 | 188322 |
|  | Takasago International Corp. | 5100 | 239561 |
|  | Takasago Thermal Engineering Co. Ltd. | 8200 | 362801 |
|  | Takashima & Co. Ltd. | 6800 | 62302 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Takashimaya Co. Ltd. | 87200 | $672325 |
|  | Takatori Corp. | 700 | 7232 |
|  | Take & Give Needs Co. Ltd. | 2200 | 13301 |
|  # | TAKEBISHI Corp. | 3200 | 39881 |
|  | Takeda Pharmaceutical Co. Ltd. (4502 JP) | 134453 | 4067015 |
|  | Takeuchi Manufacturing Co. Ltd. | 13000 | 406930 |
|  # | Taki Chemical Co. Ltd. | 1600 | 35205 |
|  | Takuma Co. Ltd. | 15000 | 193277 |
|  # | Tama Home Co. Ltd. | 4400 | 123172 |
|  | Tamron Co. Ltd. | 12000 | 271301 |
|  | Tamura Corp. | 28300 | 90272 |
|  | Tanabe Engineering Corp. | 1500 | 22639 |
|  #\* | Tanaka Chemical Corp. | 2500 | 7728 |
|  | Tayca Corp. | 6000 | 54632 |
|  | Tazmo Co. Ltd. | 2700 | 33109 |
|  | TBS Holdings, Inc. | 10300 | 345517 |
|  # | TDC Soft, Inc. | 8400 | 74408 |
|  | TDK Corp. (6762 JP) | 253999 | 2710536 |
|  | TechMatrix Corp. | 14000 | 199928 |
|  | Techno Medica Co. Ltd. | 2700 | 34239 |
|  | Techno Ryowa Ltd. | 1900 | 37925 |
|  | Techno Smart Corp. | 800 | 8950 |
|  | TechnoPro Holdings, Inc. | 39500 | 880834 |
|  | Teijin Ltd. | 61963 | 519540 |
|  | Teikoku Electric Manufacturing Co. Ltd. | 4300 | 84111 |
|  | Teikoku Sen-I Co. Ltd. | 4500 | 77853 |
|  | Teikoku Tsushin Kogyo Co. Ltd. | 3200 | 52809 |
|  | Tekken Corp. | 4400 | 85390 |
|  | Temairazu, Inc. | 1200 | 29788 |
|  # | Tenma Corp. | 6100 | 152198 |
|  # | Tenpos Holdings Co. Ltd. | 500 | 12041 |
|  | Tera Probe, Inc. | 1200 | 22267 |
|  | Terasaki Electric Co. Ltd. | 1100 | 16156 |
|  | Terumo Corp. | 22500 | 430666 |
|  | Tess Holdings Co. Ltd. | 14200 | 33179 |
|  | THK Co. Ltd. | 31000 | 763684 |
|  | TIS, Inc. | 48700 | 1405637 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | TKC Corp. | 5900 | $166304 |
|  | Toa Corp. (1885 JP) | 27600 | 266656 |
|  | Toa Corp. (6809 JP) | 8800 | 57158 |
|  | TOA ROAD Corp. | 11500 | 122957 |
|  | Toagosei Co. Ltd. | 44700 | 420556 |
|  | TOBISHIMA HOLDINGS, Inc. | 6890 | 86662 |
|  | Tobu Railway Co. Ltd. | 25900 | 472622 |
|  | TOC Co. Ltd. | 13100 | 57953 |
|  | Tocalo Co. Ltd. | 30000 | 345539 |
|  | Tochigi Bank Ltd. | 36200 | 81994 |
|  | Toda Corp. | 76500 | 487375 |
|  | Toei Animation Co. Ltd. | 9400 | 227301 |
|  | Toei Co. Ltd. | 5400 | 197838 |
|  # | Toell Co. Ltd. | 2100 | 11312 |
|  | Toenec Corp. | 18500 | 146511 |
|  | Toho Bank Ltd. | 57700 | 142321 |
|  # | Toho Co. Ltd. (8142 JP) | 2400 | 54911 |
|  | Toho Co. Ltd. (9602 JP) | 4800 | 274039 |
|  # | Toho Gas Co. Ltd. | 13600 | 406815 |
|  # | Toho Holdings Co. Ltd. | 17200 | 562292 |
|  | Toho Titanium Co. Ltd. | 11900 | 84840 |
|  | Tohoku Bank Ltd. | 4300 | 32366 |
|  | Tohoku Electric Power Co., Inc. | 60900 | 437661 |
|  # | Tohokushinsha Film Corp. | 14100 | 56922 |
|  | Tokai Carbon Co. Ltd. | 73800 | 476216 |
|  | Tokai Corp. | 7500 | 110309 |
|  | TOKAI Holdings Corp. | 37091 | 260092 |
|  | Tokai Rika Co. Ltd. | 20118 | 299629 |
|  | Tokai Tokyo Financial Holdings, Inc. | 73600 | 243090 |
|  # | Token Corp. | 2200 | 205620 |
|  | Tokio Marine Holdings, Inc. (8766 JP) | 147300 | 5904130 |
|  | Tokushu Tokai Paper Co. Ltd. | 3700 | 96652 |
|  | Tokuyama Corp. | 24877 | 507799 |
|  | Tokyo Century Corp. | 56800 | 598180 |
|  \* | Tokyo Electric Power Co. Holdings, Inc. | 206000 | 630186 |
|  # | Tokyo Electron Device Ltd. | 9000 | 186585 |
|  | Tokyo Electron Ltd. | 30000 | 4466950 |
|  | Tokyo Energy & Systems, Inc. | 8800 | 69498 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Tokyo Gas Co. Ltd. | 30800 | $1023262 |
|  # | Tokyo Individualized Educational Institute, Inc. | 5100 | 11195 |
|  | Tokyo Kiraboshi Financial Group, Inc. | 10800 | 426913 |
|  | Tokyo Ohka Kogyo Co. Ltd. | 13600 | 299198 |
|  | Tokyo Rope Manufacturing Co. Ltd. | 3500 | 29704 |
|  # | Tokyo Sangyo Co. Ltd. | 7700 | 37404 |
|  | Tokyo Seimitsu Co. Ltd. | 13300 | 742181 |
|  # | Tokyo Steel Manufacturing Co. Ltd. | 16900 | 191085 |
|  | Tokyo Tatemono Co. Ltd. | 63500 | 1138448 |
|  # | Tokyo Tekko Co. Ltd. | 4000 | 155915 |
|  | Tokyotokeiba Co. Ltd. | 6100 | 179268 |
|  | Tokyu Construction Co. Ltd. | 26200 | 152116 |
|  | Tokyu Corp. | 39900 | 483909 |
|  | Tokyu Fudosan Holdings Corp. | 178000 | 1246679 |
|  | Toli Corp. | 17400 | 59494 |
|  | Tomato Bank Ltd. | 3000 | 24814 |
|  | Tomen Devices Corp. | 1300 | 48579 |
|  # | Tomoe Corp. | 9200 | 95681 |
|  # | Tomoe Engineering Co. Ltd. | 9600 | 92958 |
|  | Tomoku Co. Ltd. | 4500 | 77118 |
|  | TOMONY Holdings, Inc. | 67654 | 259244 |
|  | Tomy Co. Ltd. | 24921 | 548685 |
|  | Topcon Corp. | 33800 | 767627 |
|  | TOPPAN Holdings, Inc. | 34520 | 969064 |
|  | Topre Corp. | 12700 | 155173 |
|  | Topy Industries Ltd. | 6000 | 86970 |
|  | Toray Industries, Inc. | 172200 | 1099758 |
|  # | Torex Semiconductor Ltd. | 3700 | 30686 |
|  | Toridoll Holdings Corp. | 14600 | 436989 |
|  | Torigoe Co. Ltd. | 6600 | 39832 |
|  | Torii Pharmaceutical Co. Ltd. | 5200 | 170398 |
|  | Torishima Pump Manufacturing Co. Ltd. | 8500 | 117241 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Tosei Corp. | 11100 | $187078 |
|  | Toshiba TEC Corp. | 10800 | 203568 |
|  | Tosho Co. Ltd. | 5000 | 19236 |
|  | Tosoh Corp. | 84300 | 1188353 |
|  | Totech Corp. | 6200 | 112501 |
|  | Totetsu Kogyo Co. Ltd. | 6700 | 147854 |
|  # | TOTO Ltd. | 32199 | 849038 |
|  # | Tottori Bank Ltd. | 4100 | 36840 |
|  | Toukei Computer Co. Ltd. | 1000 | 30711 |
|  | Tow Co. Ltd. | 15200 | 33640 |
|  # | Towa Bank Ltd. | 14000 | 60084 |
|  # | Towa Corp. | 10500 | 98015 |
|  | Towa Pharmaceutical Co. Ltd. | 10260 | 190383 |
|  | Toyo Construction Co. Ltd. | 22600 | 211992 |
|  | Toyo Corp. | 9100 | 87622 |
|  # | Toyo Engineering Corp. | 12100 | 57128 |
|  # | Toyo Gosei Co. Ltd. | 1700 | 57526 |
|  # | Toyo Innovex Co. Ltd. | 6400 | 25879 |
|  | Toyo Kanetsu KK | 3400 | 84478 |
|  # | Toyo Securities Co. Ltd. | 24900 | 76531 |
|  | Toyo Seikan Group Holdings Ltd. | 40300 | 703585 |
|  | Toyo Suisan Kaisha Ltd. | 7600 | 491308 |
|  | Toyo Tanso Co. Ltd. | 4900 | 137701 |
|  | Toyo Tire Corp. | 43100 | 805832 |
|  | Toyobo Co. Ltd. | 38300 | 237606 |
|  | Toyoda Gosei Co. Ltd. | 24900 | 478121 |
|  | Toyota Boshoku Corp. | 25700 | 368762 |
|  | Toyota Industries Corp. | 8100 | 949926 |
|  | Toyota Motor Corp. (7203 JP) | 1275615 | 24363496 |
|  | Toyota Tsusho Corp. | 130000 | 2583454 |
|  | TPR Co. Ltd. | 8300 | 123609 |
|  | Traders Holdings Co. Ltd. | 4960 | 30554 |
|  # | Transaction Co. Ltd. | 4900 | 87107 |
|  | Transcosmos, Inc. | 6500 | 142034 |
|  | TRE Holdings Corp. | 17352 | 186999 |
|  | Treasure Factory Co. Ltd. | 5100 | 68735 |
|  | Trend Micro, Inc. (4704 JP) | 17500 | 1255635 |
|  # | Tri Chemical Laboratories, Inc. | 2800 | 49994 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Trusco Nakayama Corp. | 15700 | $234229 |
|  | TS Tech Co. Ltd. | 31514 | 356194 |
|  # | TSI Holdings Co. Ltd. | 18400 | 138470 |
|  # | Tsubaki Nakashima Co. Ltd. | 16100 | 45832 |
|  | Tsubakimoto Chain Co. | 31500 | 382672 |
|  # | Tsubakimoto Kogyo Co. Ltd. | 5100 | 77290 |
|  | Tsuburaya Fields Holdings, Inc. | 12100 | 157958 |
|  | Tsugami Corp. | 15200 | 187243 |
|  | Tsukishima Holdings Co. Ltd. | 11200 | 157186 |
|  # | Tsukuba Bank Ltd. | 37600 | 63410 |
|  | Tsumura & Co. | 19000 | 571350 |
|  | Tsuruha Holdings, Inc. | 10800 | 868743 |
|  | Tsurumi Manufacturing Co. Ltd. | 4400 | 102106 |
|  | Tsutsumi Jewelry Co. Ltd. | 2700 | 43767 |
|  # | Tsuzuki Denki Co. Ltd. | 1500 | 25725 |
|  | TV Asahi Holdings Corp. | 8100 | 147330 |
|  | Tv Tokyo Holdings Corp. | 3500 | 97309 |
|  | TYK Corp. | 5300 | 18249 |
|  | UACJ Corp. | 13733 | 463329 |
|  | UBE Corp. | 34000 | 498829 |
|  | Uchida Yoko Co. Ltd. | 2500 | 136765 |
|  | Ukai Co. Ltd. | 500 | 12528 |
|  | ULS Group, Inc. | 700 | 24326 |
|  | Ulvac, Inc. | 14800 | 501936 |
|  | U-Next Holdings Co. Ltd. | 20400 | 291931 |
|  | Unicharm Corp. | 111300 | 1033436 |
|  | Unipres Corp. | 13123 | 92202 |
|  | United Arrows Ltd. | 8000 | 126290 |
|  | United Super Markets Holdings, Inc. | 22173 | 142608 |
|  # | Universal Entertainment Corp. | 8600 | 67224 |
|  # | Urbanet Corp. Co. Ltd. | 8600 | 27645 |
|  | User Local, Inc. | 2500 | 29145 |
|  | Ushio, Inc. | 38400 | 461870 |
|  | USS Co. Ltd. | 75900 | 756551 |
|  | UT Group Co. Ltd. | 10000 | 140564 |
|  | V Technology Co. Ltd. | 3500 | 49329 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Valor Holdings Co. Ltd. | 14201 | $248469 |
|  | Valqua Ltd. | 5600 | 117811 |
|  # | Value HR Co. Ltd. | 6600 | 72190 |
|  | ValueCommerce Co. Ltd. | 3600 | 20452 |
|  | Vector, Inc. | 10300 | 64057 |
|  | Vertex Corp. | 11820 | 159717 |
|  | Vision, Inc. | 14800 | 133393 |
|  \* | Visional, Inc. | 7100 | 429541 |
|  | Vital KSK Holdings, Inc. | 10978 | 101056 |
|  | VT Holdings Co. Ltd. | 32000 | 113236 |
|  | Wacoal Holdings Corp. | 15100 | 527020 |
|  | Wacom Co. Ltd. | 52300 | 200211 |
|  | Wakachiku Construction Co. Ltd. | 2700 | 75496 |
|  | Wakita & Co. Ltd. | 15800 | 195241 |
|  | Warabeya Nichiyo Holdings Co. Ltd. | 4900 | 75790 |
|  # | Waseda Academy Co. Ltd. | 2700 | 41866 |
|  # | Watahan & Co. Ltd. | 7600 | 86358 |
|  | WATAMI Co. Ltd. | 4700 | 37068 |
|  | WDB Holdings Co. Ltd. | 2700 | 34460 |
|  | Weathernews, Inc. | 3000 | 74411 |
|  | Welcia Holdings Co. Ltd. | 25700 | 453120 |
|  | Wellneo Sugar Co. Ltd. | 2800 | 46397 |
|  | Wellnet Corp. | 7500 | 38116 |
|  # | West Holdings Corp. | 9350 | 103525 |
|  | West Japan Railway Co. | 33100 | 696291 |
|  # | Will Group, Inc. | 6900 | 47123 |
|  \* | WingArc1st, Inc. | 5500 | 146989 |
|  # | Workman Co. Ltd. | 3700 | 116590 |
|  | World Co. Ltd. | 9700 | 180184 |
|  | World Holdings Co. Ltd. | 2400 | 33624 |
|  #\* | W-Scope Corp. | 8000 | 13963 |
|  | Xebio Holdings Co. Ltd. | 8500 | 77544 |
|  # | YAC Holdings Co. Ltd. | 3400 | 19001 |
|  | Yahagi Construction Co. Ltd. | 10400 | 105803 |
|  | Yakult Honsha Co. Ltd. | 11100 | 228016 |
|  | YAKUODO Holdings Co. Ltd. | 4100 | 58259 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | YAMABIKO Corp. | 14000 | $209512 |
|  | YAMADA Consulting Group Co. Ltd. | 4000 | 49035 |
|  | Yamada Holdings Co. Ltd. | 123928 | 399392 |
|  # | Yamae Group Holdings Co. Ltd. | 5200 | 94323 |
|  | Yamagata Bank Ltd. | 9700 | 87363 |
|  | Yamaguchi Financial Group, Inc. | 47000 | 555274 |
|  | Yamaha Corp. | 69000 | 504317 |
|  | Yamaha Motor Co. Ltd. | 250800 | 1969716 |
|  | Yamaichi Electronics Co. Ltd. | 10400 | 146142 |
|  # | Yamami Co. | 1200 | 38737 |
|  | Yamanashi Chuo Bank Ltd. | 10800 | 154042 |
|  # | Yamatane Corp. | 3800 | 119561 |
|  # | Yamato Corp. | 7100 | 81984 |
|  | Yamato Holdings Co. Ltd. | 46510 | 660338 |
|  # | Yamato Kogyo Co. Ltd. | 10700 | 637170 |
|  | Yamau Holdings Co. Ltd. | 1100 | 13459 |
|  # | Yamaura Corp. | 2400 | 20464 |
|  | Yamaya Corp. | 1800 | 36230 |
|  | Yamazaki Baking Co. Ltd. | 35500 | 849819 |
|  | Yamazen Corp. | 14200 | 139621 |
|  | Yaoko Co. Ltd. | 6800 | 455449 |
|  # | Yashima Denki Co. Ltd. | 5500 | 65269 |
|  | Yaskawa Electric Corp. | 13800 | 290756 |
|  # | Yasuda Logistics Corp. | 6700 | 79778 |
|  | Yellow Hat Ltd. | 28800 | 274471 |
|  | Yodogawa Steel Works Ltd. | 8700 | 352246 |
|  | Yokogawa Bridge Holdings Corp. | 11600 | 212523 |
|  | Yokogawa Electric Corp. | 29800 | 644876 |
|  | Yokohama Rubber Co. Ltd. | 48300 | 1056071 |
|  # | Yokorei Co. Ltd. | 18200 | 108709 |
|  | Yokowo Co. Ltd. | 8200 | 70267 |
|  | Yomeishu Seizo Co. Ltd. | 1700 | 36533 |
|  | Yondenko Corp. | 10200 | 96179 |
|  | Yonex Co. Ltd. | 22100 | 361617 |
|  # | Yorozu Corp. | 7600 | 54513 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  \* | Yoshimura Food Holdings KK | 2900 | $| 18443 |
|  | Yoshinoya Holdings Co. Ltd. | 15000 |  | 328780 |
|  # | Yossix Holdings Co. Ltd. | 1300 |  | 25297 |
|  # | Yotai Refractories Co. Ltd. | 6300 |  | 78393 |
|  | Yuasa Trading Co. Ltd. | 7100 |  | 217279 |
|  # | Yukiguni Factory Co. Ltd. | 8900 |  | 72267 |
|  | Yurtec Corp. | 15000 |  | 193693 |
|  | Yushin Co. | 4200 |  | 18757 |
|  | Yushiro, Inc. | 3700 |  | 48997 |
|  | Yutaka Giken Co. Ltd. | 1900 |  | 28799 |
|  | Zacros Corp. | 5200 |  | 144193 |
|  | Zaoh Co. Ltd. | 1500 |  | 25472 |
|  | Zenitaka Corp. | 1000 |  | 30056 |
|  # | Zenkoku Hosho Co. Ltd. | 31800 |  | 689935 |
|  | Zenrin Co. Ltd. | 10800 |  | 90892 |
|  | Zensho Holdings Co. Ltd. | 14577 |  | 900761 |
|  | Zeon Corp. | 52000 |  | 509923 |
|  | ZERIA Pharmaceutical Co. Ltd. | 7500 |  | 122990 |
|  # | ZIGExN Co. Ltd. | 24600 |  | 76544 |
|  # | Zojirushi Corp. | 7600 |  | 73004 |
|  | ZOZO, Inc. | 69300 |  | 703775 |
|  # | Zuiko Corp. | 5900 |  | 44824 |
|  TOTAL JAPAN | TOTAL JAPAN | TOTAL JAPAN |  | 641921056 |
|  KUWAIT — (0.2%) | KUWAIT — (0.2%) | KUWAIT — (0.2%) | KUWAIT — (0.2%) | KUWAIT — (0.2%) |
|  | A'ayan Leasing & Investment Co. KSCP | 212894 |  | 112627 |
|  \* | Acico Industries Co. KSC | 78758 |  | 17894 |
|  | Agility Public Warehousing Co. KSC | 341311 |  | 293127 |
|  | Al Ahli Bank of Kuwait KSCP | 203091 |  | 201221 |
|  | Al-Eid Food KSC | 32408 |  | 24542 |
|  | Ali Alghanim Sons Automotive Co. KSCC | 55081 |  | 188433 |
|  \* | Alimtiaz Investment Group KSC | 325506 |  | 31875 |
|  \* | Arabi Group Holding KSC | 11040 |  | 13868 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) |
|  | Arzan Financial Group for Financing & Investment KPSC | 201705 | $193705 |
|  \* | Asiya Capital Investments Co. KSCP | 238493 | 27693 |
|  | Boubyan Bank KSCP | 35670 | 79048 |
|  | Boubyan Petrochemicals Co. KSCP | 137857 | 312558 |
|  | Boursa Kuwait Securities Co. KPSC | 34953 | 309412 |
|  | Burgan Bank SAK | 207034 | 152297 |
|  | Combined Group Contracting Co. SAK | 34732 | 73444 |
|  | Commercial Facilities Co. SAKP | 149075 | 133662 |
|  | Commercial Real Estate Co. KSC | 317129 | 172928 |
|  | Gulf Bank KSCP | 469155 | 514916 |
|  | Gulf Cables & Electrical Industries Group Co. KSCP | 43638 | 321437 |
|  | Heavy Engineering & Ship Building Co. KSCP | 33371 | 101176 |
|  | Humansoft Holding Co. KSC | 31739 | 245809 |
|  \* | IFA Hotels & Resorts-KPSC | 14638 | 69006 |
|  | Integrated Holding Co. KCSC | 62758 | 116880 |
|  | Jazeera Airways Co. KSCP | 24495 | 89118 |
|  | JTC Logistics Transportation & Stevedoring Co. KSCP | 1000 | 1209 |
|  | KAMCO Investment Co. KSC | 57693 | 22443 |
|  \* | Kuwait Cement Co. KSC | 128229 | 102216 |
|  | Kuwait Finance House KSCP | 657392 | 1552382 |
|  | Kuwait Financial Centre SAK | 121256 | 55532 |
|  | Kuwait International Bank KSCP | 406965 | 300822 |
|  | Kuwait Investment Co. SAK | 97197 | 54653 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) |
|  | Kuwait Portland Cement Co. KSC | 3939 | $10226 |
|  | Kuwait Real Estate Co. KSC | 178868 | 219521 |
|  | Kuwait Telecommunications Co. | 119304 | 211005 |
|  | Mabanee Co. KPSC | 101327 | 261957 |
|  | Mezzan Holding Co. KSCC | 44467 | 138520 |
|  | Mobile Telecommunications Co. KSCP | 558875 | 863286 |
|  \* | Munshaat Real Estate Projects Co. KSCP | 42428 | 22502 |
|  | National Bank of Kuwait SAKP | 439901 | 1368053 |
|  \* | National Consumer Holding Co. SAK | 117998 | 45005 |
|  | National Industries Group Holding SAK | 430446 | 350084 |
|  | National Investments Co. KSCP | 215412 | 173957 |
|  | Oula Fuel Marketing Co. | 7511 | 12751 |
|  \* | Privatization Holding Co. KSCP | 156758 | 27009 |
|  | Salhia Real Estate Co. KSCP | 95785 | 140653 |
|  | Securities House KSC | 134324 | 30091 |
|  | Shamal Az-Zour Al-Oula for the First Phase of Az-Zour Power Plant KSC | 133500 | 64459 |
|  \* | Warba Bank KSCP | 1228353 | 890622 |
|  TOTAL KUWAIT | TOTAL KUWAIT |  | 10715634 |
|  LIECHTENSTEIN — (0.0%) | LIECHTENSTEIN — (0.0%) |  |  |
|  | Liechtensteinische Landesbank AG | 5570 | 511402 |
|  | VP Bank AG, Class A | 1320 | 131600 |
|  TOTAL LIECHTENSTEIN | TOTAL LIECHTENSTEIN |  | 643002 |
|  LUXEMBOURG — (0.3%) | LUXEMBOURG — (0.3%) |  |  |
|  \*W | Allegro.eu SA | 17418 | 152833 |
|  | Aperam SA | 13700 | 398635 |
|  | ArcelorMittal SA (MT NA) | 51013 | 1508543 |
|  # | ArcelorMittal SA (MT US) | 9714 | 288409 |
|  \* | Aroundtown SA | 163073 | 487197 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  LUXEMBOURG — (Continued) | LUXEMBOURG — (Continued) | LUXEMBOURG — (Continued) | LUXEMBOURG — (Continued) |
|  | B&M European Value Retail SA | 247748 | $1114217 |
|  W | B&S Group SARL | 10988 | 72401 |
|  W | Befesa SA | 12102 | 367986 |
|  | d'Amico International Shipping SA | 25813 | 95734 |
|  # | Eurofins Scientific SE | 35523 | 2241727 |
|  \* | Grand City Properties SA | 14474 | 172750 |
|  \* | InPost SA | 81642 | 1379087 |
|  # | RTL Group SA | 13920 | 570867 |
|  #W | Samsonite Group SA | 414900 | 743392 |
|  # | SES SA | 134276 | 711931 |
|  | Subsea 7 SA | 32553 | 492886 |
|  | Sword Group | 2456 | 87097 |
|  | Tenaris SA (TEN IM) | 46810 | 780554 |
|  | Tenaris SA (TS US), ADR | 790 | 26299 |
|  TOTAL LUXEMBOURG | TOTAL LUXEMBOURG |  | 11692545 |
|  MALAYSIA — (0.5%) | MALAYSIA — (0.5%) |  |  |
|  | 7-Eleven Malaysia Holdings Bhd., Class B | 134004 | 62087 |
|  | Able Global Bhd. | 36500 | 12859 |
|  # | Aeon Co. M Bhd. | 145400 | 49424 |
|  # | AEON Credit Service M Bhd. | 60198 | 83155 |
|  # | AFFIN Bank Bhd. | 217675 | 133561 |
|  | Ajinomoto Malaysia Bhd. | 5800 | 19202 |
|  | Alliance Bank Malaysia Bhd. | 276200 | 280250 |
|  | Allianz Malaysia Bhd. | 18500 | 79067 |
|  | AME Elite Consortium Bhd. | 96100 | 35635 |
|  # | AMMB Holdings Bhd. (AMM MK) | 388600 | 464927 |
|  | Ancom Nylex Bhd. | 251150 | 56466 |
|  \* | Astro Malaysia Holdings Bhd. | 608000 | 24758 |
|  | Aurelius Technologies Bhd. | 31300 | 22937 |
|  | Axiata Group Bhd. | 778490 | 378887 |
|  # | Bank Islam Malaysia Bhd. | 199900 | 113573 |
|  | Batu Kawan Bhd. | 10900 | 47811 |
|  #\* | Berjaya Corp. Bhd. | 786982 | 53772 |
|  \* | Berjaya Land Bhd. | 466800 | 31394 |
|  \* | Bermaz Auto Bhd. | 272800 | 66397 |
|  # | British American Tobacco Malaysia Bhd. | 38700 | 57872 |
|  \* | Bumi Armada Bhd. | 871200 | 99004 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
|  # | Bursa Malaysia Bhd. | 196350 | $336317 |
|  # | Cahya Mata Sarawak Bhd. | 221400 | 48331 |
|  | Carlsberg Brewery Malaysia Bhd. | 53000 | 231988 |
|  | CCK Consolidated Holdings Bhd. | 32400 | 9827 |
|  | CelcomDigi Bhd. | 202600 | 179518 |
|  | CIMB Group Holdings Bhd. | 762241 | 1259149 |
|  | Crescendo Corp. Bhd. | 22200 | 5975 |
|  # | D&O Green Technologies Bhd. | 135400 | 40823 |
|  #\* | Dagang NeXchange Bhd. | 672000 | 40475 |
|  | Dayang Enterprise Holdings Bhd. | 182300 | 72777 |
|  | Dialog Group Bhd. | 328500 | 111236 |
|  | DRB-Hicom Bhd. | 266700 | 51616 |
|  | Duopharma Biotech Bhd. | 68089 | 19081 |
|  | Dutch Lady Milk Industries Bhd. | 4500 | 29200 |
|  | DXN Holdings Bhd. | 30500 | 3645 |
|  # | Eastern & Oriental Bhd. | 373500 | 68366 |
|  | Eco World Development Group Bhd. | 383600 | 167275 |
|  | EG Industries Bhd. | 75600 | 18067 |
|  \* | Ekovest Bhd. | 788700 | 56687 |
|  | Farm Fresh Bhd. | 238800 | 101352 |
|  | FGV Holdings Bhd. | 129200 | 32672 |
|  # | Formosa Prosonic Industries Bhd. | 55700 | 29053 |
|  | Fraser & Neave Holdings Bhd. | 24400 | 152792 |
|  # | Frontken Corp. Bhd. | 394750 | 321204 |
|  # | Gamuda Bhd. | 116715 | 114996 |
|  | Gas Malaysia Bhd. | 81500 | 79848 |
|  # | Genting Bhd. | 534800 | 397032 |
|  # | Genting Malaysia Bhd. | 905600 | 360169 |
|  | Genting Plantations Bhd. | 75700 | 84799 |
|  \* | Greatech Technology Bhd. | 187600 | 63398 |
|  | Guan Chong Bhd. | 77800 | 60995 |
|  | HAP Seng Consolidated Bhd. | 92700 | 59370 |
|  | Hap Seng Plantations Holdings Bhd. | 48500 | 21707 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
|  | Hartalega Holdings Bhd. | 63200 | $32682 |
|  | Heineken Malaysia Bhd. | 36100 | 220624 |
|  # | Hextar Global Bhd. | 342000 | 72249 |
|  | Hiap Teck Venture Bhd. | 410500 | 26647 |
|  # | Hibiscus Petroleum Bhd. | 182000 | 65426 |
|  | Hong Leong Bank Bhd. | 22580 | 104661 |
|  | Hong Leong Financial Group Bhd. | 27778 | 110550 |
|  | Hong Leong Industries Bhd. | 19300 | 60713 |
|  | Hume Cement Industries Bhd. | 23800 | 14868 |
|  # | Hup Seng Industries Bhd. | 73100 | 17625 |
|  # | IHH Healthcare Bhd. | 60700 | 97286 |
|  # | IJM Corp. Bhd. | 447600 | 235754 |
|  | Inari Amertron Bhd. | 144425 | 64489 |
|  # | IOI Corp. Bhd. | 128200 | 108678 |
|  | IOI Properties Group Bhd. | 350425 | 148766 |
|  \* | Iskandar Waterfront City Bhd. | 137900 | 11694 |
|  # | ITMAX SYSTEM Bhd. | 90500 | 77544 |
|  # | Jaya Tiasa Holdings Bhd. | 210000 | 53549 |
|  | Keck Seng Malaysia Bhd. | 28200 | 34734 |
|  | Kelington Group Bhd. | 140000 | 109498 |
|  | Kenanga Investment Bank Bhd. | 38300 | 8024 |
|  | Kerjaya Prospek Group Bhd. | 105989 | 48940 |
|  # | Kim Loong Resources Bhd. | 78000 | 40122 |
|  # | Kossan Rubber Industries Bhd. | 329200 | 139794 |
|  | KPJ Healthcare Bhd. | 282100 | 188055 |
|  | Kretam Holdings Bhd. | 69600 | 8054 |
|  #\* | KSL Holdings Bhd. | 98800 | 35650 |
|  # | Kuala Lumpur Kepong Bhd. | 43536 | 198084 |
|  # | Lagenda Properties Bhd. | 99600 | 27264 |
|  | LBS Bina Group Bhd. | 202600 | 23473 |
|  # | Leong Hup International Bhd. | 318300 | 46102 |
|  | LPI Capital Bhd. | 51940 | 172638 |
|  # | Magni-Tech Industries Bhd. | 146900 | 72300 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
|  # | Magnum Bhd. | 310015 | $89494 |
|  | Mah Sing Group Bhd. | 354775 | 96139 |
|  | Malakoff Corp. Bhd. | 364600 | 67309 |
|  | Malayan Banking Bhd. | 226797 | 525558 |
|  # | Malayan Flour Mills Bhd. | 308600 | 36088 |
|  | Malaysia Smelting Corp. Bhd. | 35400 | 20369 |
|  | Malaysian Pacific Industries Bhd. | 19200 | 83500 |
|  | Malaysian Resources Corp. Bhd. | 666920 | 71235 |
|  | Matrix Concepts Holdings Bhd. | 460198 | 151690 |
|  | Maxis Bhd. | 167200 | 143762 |
|  | MBM Resources Bhd. | 57700 | 76265 |
|  # | MBSB Bhd. | 714632 | 118534 |
|  | Mega First Corp. Bhd. | 182800 | 168020 |
|  | Mi Technovation Bhd. | 73500 | 31751 |
|  | MISC Bhd. | 77800 | 135284 |
|  # | MKH Bhd. | 100700 | 23851 |
|  | MKH Oil Palm East Kalimantan Bhd. | 14385 | 2068 |
|  | MNRB Holdings Bhd. | 182774 | 86104 |
|  #W | Mr. DIY Group M Bhd. | 504300 | 196611 |
|  \* | Muhibbah Engineering M Bhd. | 185600 | 26341 |
|  | My EG Services Bhd. | 1204715 | 251186 |
|  | Nationgate Holdings Bhd. | 96100 | 30406 |
|  # | Nestle Malaysia Bhd. | 7600 | 153161 |
|  # | NEXG Bhd. | 385800 | 30903 |
|  †† | Nylex Malaysia Bhd. | 2335 | 24 |
|  # | OCK Group Bhd. | 205000 | 20210 |
|  # | Oriental Holdings Bhd. | 77700 | 125799 |
|  # | OSK Holdings Bhd. | 410750 | 162073 |
|  | PA Resources Bhd. | 250300 | 11312 |
|  | Padini Holdings Bhd. | 175050 | 84733 |
|  | Pantech Group Holdings Bhd. | 131400 | 22244 |
|  | Paramount Corp. Bhd. | 146300 | 35619 |
|  | Pecca Group Bhd. | 44400 | 15136 |
|  # | Perak Transit Bhd. | 169750 | 28136 |
|  | Petron Malaysia Refining & Marketing Bhd. | 9300 | 7087 |
|  # | Petronas Chemicals Group Bhd. | 134800 | 115021 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
|  | Petronas Dagangan Bhd. | 34000 | $155507 |
|  | Petronas Gas Bhd. | 33700 | 136628 |
|  | PPB Group Bhd. | 74820 | 215582 |
|  | Press Metal Aluminium Holdings Bhd. | 291100 | 330855 |
|  | Public Bank Bhd. | 1271900 | 1318520 |
|  | QL Resources Bhd. | 296737 | 330074 |
|  \* | Ranhill Utilities Bhd. | 168104 | 48677 |
|  # | RCE Capital Bhd. | 177200 | 53910 |
|  | RGB International Bhd. | 365300 | 28935 |
|  | RHB Bank Bhd. | 146376 | 225779 |
|  | Sam Engineering & Equipment M Bhd. | 69800 | 53744 |
|  \* | Sapura Energy Bhd. | 2931800 | 27009 |
|  | Sarawak Oil Palms Bhd. | 100150 | 70184 |
|  # | Scientex Bhd. | 292500 | 237185 |
|  | SD Guthrie Bhd. | 210136 | 231095 |
|  # | Sime Darby Bhd. | 788570 | 380034 |
|  # | Sime Darby Property Bhd. | 676570 | 194324 |
|  | SKP Resources Bhd .. | 262649 | 54224 |
|  #\* | Solarvest Holdings Bhd. | 122200 | 47288 |
|  | Southern Cable Group Bhd. | 42500 | 11063 |
|  | SP Setia Bhd. Group | 580379 | 147808 |
|  # | Sports Toto Bhd. | 253524 | 80871 |
|  | Sunway Bhd. | 115854 | 122123 |
|  # | Sunway Construction Group Bhd. | 88890 | 91912 |
|  \* | Supermax Corp. Bhd. | 601878 | 111078 |
|  # | Syarikat Takaful Malaysia Keluarga Bhd. | 104145 | 86028 |
|  # | Ta Ann Holdings Bhd. | 86480 | 79835 |
|  | Taliworks Corp. Bhd. | 122766 | 18379 |
|  | Telekom Malaysia Bhd. | 124912 | 196859 |
|  | Tenaga Nasional Bhd. | 111700 | 359243 |
|  | Teo Seng Capital Bhd. | 44400 | 10499 |
|  | Thong Guan Industries Bhd. | 59400 | 15883 |
|  | TIME dotCom Bhd. | 106400 | 126991 |
|  \* | Top Glove Corp. Bhd. | 717700 | 146297 |
|  #\* | Tropicana Corp. Bhd. | 247716 | 67919 |
|  # | TSH Resources Bhd. | 142000 | 35896 |
|  | Uchi Technologies Bhd. | 83700 | 59821 |
|  | UEM Sunrise Bhd. | 400200 | 66751 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
|  | United Plantations Bhd. | 51000 | $270749 |
|  | UOA Development Bhd. | 165320 | 64481 |
|  | Velesto Energy Bhd. | 1107073 | 39793 |
|  | ViTrox Corp. Bhd. | 80900 | 58694 |
|  | VS Industry Bhd. | 552100 | 100629 |
|  #\* | WCT Holdings Bhd. | 364227 | 55908 |
|  | Wellcall Holdings Bhd. | 127300 | 44093 |
|  | Westports Holdings Bhd. | 104800 | 103249 |
|  # | Yinson Holdings Bhd. | 438355 | 189994 |
|  # | YTL Corp. Bhd. | 799450 | 355550 |
|  # | YTL Power International Bhd. | 124787 | 98855 |
|  TOTAL MALAYSIA | TOTAL MALAYSIA |  | 20079143 |
|  MEXICO — (0.6%) | MEXICO — (0.6%) |  |  |
|  | Alfa SAB de CV, Class A | 2058476 | 1493695 |
|  # | Alpek SAB de CV | 106582 | 53915 |
|  | Alsea SAB de CV | 76018 | 170445 |
|  | America Movil SAB de CV (2228390D US), ADR | 7326 | 126300 |
|  | America Movil SAB de CV (AMXB MM) | 1262696 | 1092678 |
|  | Arca Continental SAB de CV | 26200 | 275928 |
|  \* | Axtel SAB de CV | 499613 | 51208 |
|  W | Banco del Bajio SA | 253900 | 609293 |
|  # | Becle SAB de CV | 81668 | 94409 |
|  | Bolsa Mexicana de Valores SAB de CV | 95080 | 200337 |
|  | Cemex SAB de CV (CEMEXCPO MM) | 2131083 | 1318173 |
|  | Cemex SAB de CV (CX US), Sponsored ADR | 106419 | 656605 |
|  | Coca-Cola Femsa SAB de CV (KOFUBL MM) | 34057 | 321093 |
|  \* | Consorcio ARA SAB de CV | 312104 | 53475 |
|  \* | Controladora Alpek SAB de CV | 2058476 | 323302 |
|  \* | Controladora AXTEL SAB de CV | 1784541 | 58058 |
|  \* | Controladora Vuela Cia de Aviacion SAB de CV (VLRS US), ADR | 4146 | 15257 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
|  #\* | Controladora Vuela Cia de Aviacion SAB de CV (VOLARA MM), Class A | 209154 | $78071 |
|  # | Corp. Inmobiliaria Vesta SAB de CV | 165517 | 452565 |
|  | Corporativo Fragua SAB de CV | 380 | 9689 |
|  | El Puerto de Liverpool SAB de CV, Class C1 | 32925 | 151626 |
|  #\*†† | Empresas ICA SAB de CV | 42400 | 0 |
|  | Fomento Economico Mexicano SAB de CV (FEMSAUBD MM) | 57498 | 604549 |
|  | GCC SAB de CV | 53330 | 448113 |
|  | Genomma Lab Internacional SAB de CV, Class B | 224613 | 262519 |
|  | Gentera SAB de CV | 389915 | 679799 |
|  | Gruma SAB de CV, Class B | 39470 | 752044 |
|  | Grupo Aeroportuario del Centro Norte SAB de CV | 77213 | 849636 |
|  | Grupo Aeroportuario del Pacifico SAB de CV (GAPB MM), Class B | 25644 | 519641 |
|  # | Grupo Aeroportuario del Pacifico SAB de CV (PAC US), ADR  | 3264 | 670785 |
|  | Grupo Aeroportuario del Sureste SAB de CV (ASR US), ADR | 204 | 64574 |
|  | Grupo Aeroportuario del Sureste SAB de CV (ASURB MM), Class B | 11168 | 352669 |
|  # | Grupo Bimbo SAB de CV | 179949 | 547541 |
|  | Grupo Carso SAB de CV | 36485 | 253733 |
|  # | Grupo Comercial Chedraui SA de CV | 98271 | 634812 |
|  | Grupo Elektra SAB de CV | 2140 | 38194 |
|  | Grupo Financiero Banorte SAB de CV, Class O | 211838 | 1816400 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
|  \* | Grupo Financiero Inbursa SAB de CV, Class O | 276748 | $711398 |
|  | Grupo Herdez SAB de CV | 54050 | 154070 |
|  \* | Grupo Hotelero Santa Fe SAB de CV | 60872 | 11671 |
|  | Grupo Industrial Saltillo SAB de CV | 7630 | 7003 |
|  | Grupo Mexico SAB de CV | 205108 | 1064317 |
|  # | Grupo Rotoplas SAB de CV | 43386 | 26814 |
|  \* | Grupo Simec SAB de CV (SIMECB MM) | 33392 | 302921 |
|  # | Grupo Televisa SAB (TLEVICPO MM) | 466624 | 169893 |
|  | Grupo Televisa SAB (TV US), Sponsored ADR | 18998 | 34576 |
|  #\*W | Grupo Traxion SAB de CV | 76474 | 64227 |
|  \* | Industrias CH SAB de CV | 73798 | 662321 |
|  \* | Industrias Penoles SAB de CV | 47163 | 945136 |
|  | Kimberly-Clark de Mexico SAB de CV, Class A | 276752 | 486879 |
|  # | La Comer SAB de CV | 195575 | 366108 |
|  | Megacable Holdings SAB de CV | 263742 | 641518 |
|  \* | Minera Frisco SAB de CV, Class A1 | 307440 | 53146 |
|  \*W | Nemak SAB de CV | 923906 | 134743 |
|  \* | Ollamani SAB | 21064 | 50570 |
|  # | Operadora De Sites Mexicanos SAB de CV, Class A-1 | 49093 | 40530 |
|  # | Orbia Advance Corp. SAB de CV | 186604 | 125985 |
|  | Organizacion Cultiba SAB de CV | 15310 | 8744 |
|  \* | Organizacion Soriana SAB de CV, Class B | 50685 | 67199 |
|  \* | Promotora de Hoteles Norte 19 SAB De CV | 142020 | 34182 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
|  | Promotora y Operadora de Infraestructura SAB de CV (PINFRA MM) | 52138 | $583394 |
|  | Promotora y Operadora de Infraestructura SAB de CV (PINFRAL MM), Class L | 7273 | 63790 |
|  | Qualitas Controladora SAB de CV | 43010 | 475818 |
|  | Regional SAB de CV | 84693 | 595557 |
|  #\* | Sitios Latinoamerica SAB de CV | 233407 | 40348 |
|  \* | Vista Energy SAB de CV (VIST US), ADR | 15944 | 720191 |
|  \* | Vista Energy SAB de CV (VISTAA MM) | 1130 | 50880 |
|  | Wal-Mart de Mexico SAB de CV | 222683 | 705504 |
|  TOTAL MEXICO | TOTAL MEXICO |  | 25500564 |
|  NETHERLANDS — (2.6%) | NETHERLANDS — (2.6%) |  |  |
|  | Aalberts NV | 35456 | 1177374 |
|  #W | ABN AMRO Bank NV | 111665 | 2314016 |
|  | Acomo NV | 5847 | 143703 |
|  \*W | Adyen NV | 985 | 1593940 |
|  # | Aegon Ltd. (AEG US) | 32148 | 206711 |
|  | Aegon Ltd. (AGN NA) | 368518 | 2370287 |
|  | Airbus SE | 29200 | 4954963 |
|  | Akzo Nobel NV | 43432 | 2742038 |
|  #\*W | Alfen NV | 3054 | 53697 |
|  # | AMG Critical Materials NV | 8793 | 156722 |
|  | Arcadis NV | 30386 | 1473450 |
|  \* | Argenx SE (ARGX BB) | 353 | 228196 |
|  \* | Argenx SE (ARGX US), ADR | 721 | 465146 |
|  \* | Argo Properties NV | 2506 | 77125 |
|  | Ariston Holding NV | 13708 | 61813 |
|  | ASM International NV | 5632 | 2752848 |
|  | ASML Holding NV (ASML NA) | 4870 | 3260182 |
|  | ASML Holding NV |  |  |
|  | (ASML US) | 22102 | 14765904 |
|  | ASR Nederland NV | 50989 | 3217346 |
|  #\* | Avantium NV | 15649 | 13634 |
|  #\*W | Basic-Fit NV | 16265 | 369696 |
|  # | BE Semiconductor Industries NV | 17866 | 1934954 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) |
|  # | Brembo NV | 16904 | $158064 |
|  # | Brunel International NV | 6759 | 71302 |
|  | Cementir Holding NV | 15517 | 254410 |
|  | Corbion NV | 19367 | 414171 |
|  | COSMO Pharmaceuticals NV | 2478 | 143709 |
|  #W | CTP NV | 24693 | 463810 |
|  W | Euronext NV | 15958 | 2667335 |
|  | Ferrari NV (RACE IM) | 9037 | 4137056 |
|  | Ferrovial SE | 25395 | 1238832 |
|  | Flow Traders Ltd. | 12372 | 366319 |
|  | ForFarmers NV | 13915 | 66405 |
|  # | Fugro NV | 42551 | 499022 |
|  | HAL Trust | 658 | 86590 |
|  \* | Havas NV | 167101 | 277982 |
|  | Heineken NV | 15108 | 1352395 |
|  | IMCD NV | 16574 | 2204021 |
|  # | ING Groep NV (ING US), Sponsored ADR | 6500 | 125905 |
|  | ING Groep NV (INGA NA) | 196229 | 3810634 |
|  | Iveco Group NV | 63416 | 1013146 |
|  | JDE Peet's NV | 19342 | 468249 |
|  W | Just Eat Takeaway.com NV (JET LN) | 14482 | 315651 |
|  \*W | Just Eat Takeaway.com NV (TKWY NA) | 17107 | 374388 |
|  # | Kendrion NV | 4892 | 56963 |
|  | Koninklijke Ahold Delhaize NV (AD NA) | 166464 | 6834842 |
|  | Koninklijke BAM Groep NV | 116385 | 788368 |
|  | Koninklijke Heijmans NV | 14198 | 727208 |
|  | Koninklijke KPN NV | 1505567 | 7003677 |
|  #\* | Koninklijke Philips NV (PHG US) | 49277 | 1249172 |
|  \* | Koninklijke Philips NV (PHIA NA) | 61136 | 1551621 |
|  | Koninklijke Vopak NV | 20794 | 859846 |
|  | MFE-MediaForEurope NV (MFEA IM), Class A | 59751 | 217331 |
|  | MFE-MediaForEurope NV (MFEB IM), Class B | 29383 | 143002 |
|  | Nedap NV | 2056 | 141965 |
|  | NEPI Rockcastle NV | 79219 | 607637 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) |
|  | NN Group NV | 86738 | $5318808 |
|  #\* | NX Filtration NV | 1991 | 7998 |
|  | OCI NV | 25261 | 209884 |
|  # | Pepco Group NV | 54467 | 257747 |
|  #\* | Pharming Group NV | 169497 | 149912 |
|  | Pluxee NV | 21987 | 494479 |
|  # | PostNL NV | 96754 | 98788 |
|  | Prosus NV (PRX NA) | 62008 | 2907220 |
|  | Prosus NV (PRX SJ) | 7816 | 364858 |
|  | Qiagen NV | 30217 | 1291784 |
|  | Randstad NV | 36450 | 1463092 |
|  | RHI Magnesita NV | 6366 | 265883 |
|  | SBM Offshore NV | 58977 | 1239937 |
|  #\* | SIF Holding NV | 5614 | 59232 |
|  W | Signify NV | 41413 | 858453 |
|  | Sligro Food Group NV | 7429 | 100351 |
|  | Stellantis NV (STLAM IM) | 325275 | 3026823 |
|  | STMicroelectronics NV (STM FP) | 49318 | 1121151 |
|  | STMicroelectronics NV (STM US) | 54448 | 1236514 |
|  | Technip Energies NV | 57052 | 1946850 |
|  | TKH Group NV | 15293 | 604229 |
|  #\* | TomTom NV | 17317 | 91531 |
|  | Universal Music Group NV | 66689 | 1961022 |
|  | Van Lanschot Kempen NV | 12655 | 738894 |
|  | Wolters Kluwer NV | 27120 | 4788279 |
|  TOTAL NETHERLANDS | TOTAL NETHERLANDS |  | 115628492 |
|  NEW ZEALAND — (0.2%) | NEW ZEALAND — (0.2%) |  |  |
|  | a2 Milk Co. Ltd. | 56181 | 292460 |
|  | Air New Zealand Ltd. | 477980 | 164711 |
|  | Auckland International Airport Ltd. | 67003 | 299340 |
|  # | Channel Infrastructure NZ Ltd. | 117975 | 133186 |
|  | Chorus Ltd. (CNU NZ) | 172535 | 813726 |
|  # | Contact Energy Ltd. | 143420 | 755534 |
|  | EBOS Group Ltd. | 25356 | 551833 |
|  | Fisher & Paykel Healthcare Corp. Ltd. | 27438 | 553507 |
|  \* | Fletcher Building Ltd. (FBU AU) | 3423 | 6159 |
|  \* | Fletcher Building Ltd. (FBU NZ) | 251139 | 457257 |
|  | Fonterra Co-Operative Group Ltd. | 20324 | 65699 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) |
|  | Freightways Group Ltd. | 58334 | $341024 |
|  | Genesis Energy Ltd. | 175293 | 229061 |
|  \* | Gentrack Group Ltd. | 12157 | 84700 |
|  | Hallenstein Glasson Holdings Ltd. | 26041 | 112480 |
|  | Heartland Group Holdings Ltd. | 248158 | 113610 |
|  # | Infratil Ltd. | 47737 | 299202 |
|  # | Investore Property Ltd. | 61732 | 37451 |
|  \* | KMD Brands Ltd. | 197467 | 38583 |
|  | Mainfreight Ltd. | 7666 | 252985 |
|  | Manawa Energy Ltd. | 20224 | 58290 |
|  | Mercury NZ Ltd. | 38398 | 127417 |
|  | Meridian Energy Ltd. | 29533 | 96135 |
|  | Napier Port Holdings Ltd. | 14348 | 21854 |
|  | NZME Ltd. (NZM AU) | 54459 | 33798 |
|  | NZX Ltd. | 124010 | 113410 |
|  \* | Oceania Healthcare Ltd. | 238522 | 92240 |
|  # | Port of Tauranga Ltd. | 37905 | 138705 |
|  \* | Rakon Ltd. | 28043 | 9323 |
|  # | Restaurant Brands New Zealand Ltd. | 10978 | 21526 |
|  \* | Ryman Healthcare Ltd. | 111987 | 146888 |
|  | Sanford Ltd. | 20591 | 56014 |
|  | Scales Corp. Ltd. | 45413 | 112199 |
|  \* | Serko Ltd. | 3631 | 7788 |
|  | Skellerup Holdings Ltd. | 64548 | 161905 |
|  | SKY Network Television Ltd. | 56838 | 83287 |
|  # | SKYCITY Entertainment Group Ltd. | 257109 | 174562 |
|  | Spark New Zealand Ltd. | 125185 | 155095 |
|  # | Steel & Tube Holdings Ltd. | 32029 | 13722 |
|  | Summerset Group Holdings Ltd. | 96000 | 614327 |
|  # | Tourism Holdings Ltd. | 44694 | 36441 |
|  | TOWER Ltd. | 83844 | 66114 |
|  | Turners Automotive Group Ltd. | 25040 | 86237 |
|  | Vector Ltd. | 26039 | 61482 |
|  \* | Vista Group International Ltd. | 32932 | 69311 |
|  \* | Warehouse Group Ltd. | 33171 | 16135 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) |
|  \* | Xero Ltd. | 13063 | $1375705 |
|  TOTAL NEW ZEALAND | TOTAL NEW ZEALAND |  | 9552418 |
|  NORWAY — (0.5%) | NORWAY — (0.5%) |  |  |
|  | 2020 Bulkers Ltd. | 5584 | 59682 |
|  | ABG Sundal Collier Holding ASA | 105016 | 66320 |
|  | AF Gruppen ASA | 9872 | 141689 |
|  \* | Akastor ASA | 52076 | 56034 |
|  | Aker ASA, Class A | 1200 | 69583 |
|  | Aker BioMarine ASA | 1327 | 6781 |
|  | Aker BP ASA | 45730 | 981709 |
|  | Aker Solutions ASA | 55357 | 150244 |
|  | AMSC ASA | 16689 | 42888 |
|  \* | Archer Ltd. | 5099 | 10034 |
|  | Arendals Fossekompani ASA | 161 | 2001 |
|  | Atea ASA | 16472 | 225372 |
|  | Austevoll Seafood ASA | 27631 | 260307 |
|  #\*W | AutoStore Holdings Ltd. | 17990 | 8108 |
|  #W | Avance Gas Holding Ltd. | 7242 | 2737 |
|  | B2 Impact ASA | 75199 | 82354 |
|  | Bakkafrost P | 2118 | 106802 |
|  \* | Bluenord ASA | 8768 | 502288 |
|  | Bonheur ASA | 7630 | 176677 |
|  | Borregaard ASA | 23679 | 407416 |
|  | Bouvet ASA | 25196 | 194450 |
|  #\* | BW Energy Ltd. | 4594 | 12019 |
|  | BW Offshore Ltd. | 30988 | 84926 |
|  \* | Cloudberry Clean Energy ASA | 52744 | 63077 |
|  \*W | Crayon Group Holding ASA | 9991 | 119665 |
|  | DNB Bank ASA | 53478 | 1336849 |
|  | DNO ASA | 199738 | 227806 |
|  \* | Edda Wind ASA | 3817 | 8399 |
|  \*W | Elkem ASA | 95696 | 168337 |
|  W | Elmera Group ASA | 32302 | 115141 |
|  | Elopak ASA | 30381 | 124037 |
|  \*W | Entra ASA | 9405 | 108471 |
|  | Equinor ASA | 118246 | 2676572 |
|  W | Europris ASA | 64160 | 475705 |
|  # | FLEX LNG Ltd. (FLNG NO) | 4924 | 118796 |
|  #\* | FLEX LNG Ltd. (FLNG US) | 1249 | 29464 |
|  # | Frontline PLC | 25563 | 430983 |
|  | Gjensidige Forsikring ASA | 3393 | 79392 |
|  # | Golden Ocean Group Ltd. | 31268 | 241068 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
|  | Grieg Seafood ASA | 17159 | $108271 |
|  \* | Hexagon Composites ASA | 41887 | 75533 |
|  # | Hoegh Autoliners ASA | 37835 | 304517 |
|  W | Kid ASA | 10802 | 151767 |
|  | Kitron ASA | 41228 | 204256 |
|  W | Klaveness Combination Carriers ASA | 6871 | 39893 |
|  \* | Kongsberg Automotive ASA | 238423 | 30980 |
|  | Kongsberg Gruppen ASA | 2994 | 482359 |
|  | Leroy Seafood Group ASA | 13763 | 60325 |
|  \* | LINK Mobility Group Holding ASA | 66816 | 157340 |
|  | Magnora ASA | 12127 | 25719 |
|  | Medistim ASA | 2742 | 42356 |
|  | Mowi ASA | 13640 | 250109 |
|  | MPC Container Ships ASA | 143713 | 212516 |
|  W | Multiconsult ASA | 4197 | 76712 |
|  #\* | NEL ASA | 84582 | 18314 |
|  | Norbit ASA | 7952 | 109210 |
|  \* | Nordic Mining ASA | 12200 | 24534 |
|  \* | Nordic Semiconductor ASA | 3453 | 34625 |
|  | Norsk Hydro ASA | 81216 | 430803 |
|  #\*W | Norske Skog ASA | 19271 | 33641 |
|  \* | Northern Ocean Ltd. | 20154 | 11405 |
|  \* | Norwegian Air Shuttle ASA | 62645 | 82727 |
|  | Odfjell Drilling Ltd. | 45977 | 239323 |
|  | Odfjell SE, Class A | 6204 | 58537 |
|  | Odfjell Technology Ltd. | 10957 | 43597 |
|  \* | OKEA ASA | 15569 | 24521 |
|  #W | Okeanis Eco Tankers Corp. | 3789 | 88600 |
|  | Olav Thon Eiendomsselskap ASA | 4209 | 104707 |
|  | Orkla ASA | 13548 | 151094 |
|  | Panoro Energy ASA | 35790 | 78234 |
|  | Pareto Bank ASA | 13851 | 98317 |
|  | Pexip Holding ASA | 16259 | 61800 |
|  \* | PhotoCure ASA | 1570 | 8126 |
|  | Protector Forsikring ASA | 14124 | 497101 |
|  | Rana Gruber ASA | 10326 | 73508 |
|  | Rogaland Sparebank | 1120 | 13877 |
|  | Salmar ASA | 3872 | 191350 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
|  #\* | Salmon Evolution ASA | 66994 | $39189 |
|  \* | SATS ASA | 37953 | 137110 |
|  \*W | Scatec ASA | 34119 | 260384 |
|  | Schibsted ASA (SCHA NO), Class A | 2018 | 61413 |
|  | Schibsted ASA (SCHB NO), Class B | 2677 | 77304 |
|  | Sea1 offshore, Inc. | 23032 | 43569 |
|  | Selvaag Bolig ASA | 11511 | 38638 |
|  #\*W | Shelf Drilling Ltd. | 56609 | 25654 |
|  #†† | Solstad Maritime Holding AS | 9867 | 7113 |
|  \* | Solstad Offshore ASA | 11178 | 40808 |
|  | SpareBank 1 Helgeland | 832 | 13014 |
|  | Sparebank 1 Oestlandet | 11518 | 191816 |
|  | SpareBank 1 Sor-Norge ASA | 28743 | 458662 |
|  | Sparebanken More | 7775 | 74733 |
|  | Stolt-Nielsen Ltd. | 11546 | 259232 |
|  | Storebrand ASA | 86653 | 1046214 |
|  | Telenor ASA | 37309 | 560381 |
|  | TGS ASA | 55505 | 413979 |
|  | TOMRA Systems ASA | 18947 | 298932 |
|  | Var Energi ASA | 53628 | 147462 |
|  | Veidekke ASA | 38542 | 579941 |
|  | Wallenius Wilhelmsen ASA | 29037 | 210445 |
|  | Wilh Wilhelmsen Holding ASA, Class A | 5538 | 206379 |
|  | Wilh Wilhelmsen Holding ASA, Class B | 281 | 10208 |
|  | Yara International |  |  |
|  | ASA | 10170 | 330053 |
|  \* | Zaptec ASA | 3296 | 5645 |
|  TOTAL NORWAY | TOTAL NORWAY |  | 20213065 |
|  PERU — (0.0%) | PERU — (0.0%) |  |  |
|  | Cementos Pacasmayo SAA, ADR | 3792 | 20845 |
|  | Cia de Minas Buenaventura SAA, ADR | 1300 | 18408 |
|  | Credicorp Ltd. | 1916 | 387396 |
|  | Intercorp Financial Services, Inc. | 1299 | 43997 |
|  TOTAL PERU | TOTAL PERU |  | 470646 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  PHILIPPINES — (0.2%) | PHILIPPINES — (0.2%) | PHILIPPINES — (0.2%) | PHILIPPINES — (0.2%) |
|  \* | 8990 Holdings, Inc. | 177700 | $27909 |
|  | Aboitiz Equity Ventures, Inc. | 240420 | 139849 |
|  | Aboitiz Power Corp. | 127900 | 85354 |
|  | ACEN Corp. | 2075821 | 99229 |
|  | Alliance Global Group, Inc. | 791500 | 86838 |
|  | Apex Mining Co., Inc. | 1093000 | 131449 |
|  \* | Atlas Consolidated Mining & Development Corp. | 10800 | 831 |
|  | Ayala Corp. | 26665 | 286221 |
|  | Ayala Land, Inc. | 681600 | 305765 |
|  | Bank of the Philippine Islands | 246788 | 618778 |
|  | BDO Unibank, Inc. | 365079 | 1047798 |
|  | Belle Corp. | 1052000 | 27277 |
|  | Bloomberry Resorts Corp. | 1036600 | 63320 |
|  \* | Cebu Air, Inc. | 41200 | 25498 |
|  | Century Pacific Food, Inc. | 312700 | 213412 |
|  | China Banking Corp. | 339992 | 553893 |
|  | Converge Information & Communications Technology Solutions, Inc. | 723800 | 247284 |
|  | Cosco Capital, Inc. | 666000 | 70374 |
|  | D&L Industries, Inc. | 433400 | 44200 |
|  | DigiPlus Interactive Corp. | 40900 | 29186 |
|  \* | DITO CME Holdings Corp. | 784000 | 19041 |
|  | DMCI Holdings, Inc. | 832400 | 158058 |
|  | DoubleDragon Corp. | 260700 | 45487 |
|  | East West Banking Corp. | 202850 | 40031 |
|  | Emperador, Inc. | 83300 | 19494 |
|  | First Philippine Holdings Corp. | 64910 | 67958 |
|  | Ginebra San Miguel, Inc. | 18440 | 94397 |
|  | Globe Telecom, Inc. | 3609 | 125416 |
|  | GT Capital Holdings, Inc. | 27318 | 239398 |
|  | International Container Terminal Services, Inc. | 53530 | 327399 |
|  | JG Summit Holdings, Inc. | 548966 | 166811 |
|  | Jollibee Foods Corp. | 74200 | 304782 |
|  | Keepers Holdings, Inc. | 341000 | 16762 |
|  | LT Group, Inc. | 624500 | 132907 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |  |  |
|  | Manila Electric Co. | 13600 | $138798 |
|  | Manila Water Co., Inc. | 276900 | 169093 |
|  | Megaworld Corp. | 2379600 | 75960 |
|  | Metropolitan Bank & Trust Co. | 218306 | 300750 |
|  W | Monde Nissin Corp. | 141900 | 19756 |
|  | Nickel Asia Corp. | 1306480 | 59561 |
|  | Petron Corp. | 1056700 | 44443 |
|  | Philcomsat Holdings Corp. | 23889 | 45752 |
|  | Philex Mining Corp. | 510400 | 61044 |
|  | Philippine National Bank | 140072 | 120414 |
|  | Philippine Seven Corp. | 19620 | 18679 |
|  \*†† | Phoenix Petroleum Philippines, Inc. | 107200 | 1497 |
|  | PLDT, Inc. (PHI US), Sponsored ADR | 839 | 19691 |
|  | PLDT, Inc. (TEL PM) | 8860 | 206407 |
|  | Puregold Price Club, Inc. | 292200 | 167044 |
|  | Rizal Commercial Banking Corp. | 104115 | 48747 |
|  | Robinsons Land Corp. | 489438 | 102366 |
|  | Robinsons Retail Holdings, Inc. | 83680 | 58704 |
|  | San Miguel Corp. | 104660 | 147103 |
|  | Security Bank Corp. | 99670 | 118594 |
|  | Semirara Mining & Power Corp. | 273080 | 166272 |
|  | Shakey's Pizza Asia Ventures, Inc. | 84300 | 11696 |
|  \* | Shell Pilipinas Corp. | 13330 | 1242 |
|  | SM Investments Corp. | 2270 | 35336 |
|  | SM Prime Holdings, Inc. | 203700 | 88921 |
|  | SSI Group, Inc. | 143000 | 8090 |
|  | STI Education Systems Holdings, Inc. | 431000 | 10283 |
|  | Synergy Grid & Development Phils, Inc. | 247500 | 50988 |
|  | Union Bank of the Philippines | 196148 | 113425 |
|  | Universal Robina Corp. | 192710 | 285478 |
|  | Vista Land & Lifescapes, Inc. | 1583900 | 47322 |
|  | Vistamalls, Inc. | 88000 | 2372 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |  |  |
|  | Wilcon Depot, Inc. | 364000 | $44451 |
|  TOTAL PHILIPPINES | TOTAL PHILIPPINES | TOTAL PHILIPPINES | 8652685 |
|  POLAND — (0.4%) | POLAND — (0.4%) |  |  |
|  \* | 11 bit studios SA | 69 | 3999 |
|  | AB SA | 2766 | 74649 |
|  \* | Action SA | 5598 | 31167 |
|  \* | Agora SA | 12934 | 33909 |
|  | Alior Bank SA | 47872 | 1297228 |
|  | Amica SA | 2272 | 37334 |
|  | Arctic Paper SA | 9228 | 37440 |
|  | ASBISc Enterprises PLC | 13274 | 91680 |
|  | Asseco Poland SA | 18130 | 748632 |
|  | Asseco South Eastern Europe SA | 1261 | 20113 |
|  | Auto Partner SA | 17966 | 94679 |
|  | Bank Handlowy w Warszawie SA | 10468 | 326490 |
|  \* | Bank Millennium SA | 76230 | 294888 |
|  #\* | Bank Ochrony Srodowiska SA | 20762 | 61420 |
|  | Bank Polska Kasa Opieki SA | 23488 | 1177257 |
|  | Benefit Systems SA | 810 | 697442 |
|  | BNPP Bank Polska SA | 2042 | 57146 |
|  | `Boryszew SA | 29053 | 46927 |
|  # | Budimex SA | 2184 | 367087 |
|  \* | CCC SA | 9030 | 522140 |
|  | CD Projekt SA | 2913 | 180373 |
|  | Celon Pharma SA | 3548 | 24370 |
|  \* | CI Games SA | 23337 | 10937 |
|  #\* | Cognor Holding SA | 32298 | 63382 |
|  | Cyber Folks SA | 2370 | 97212 |
|  \* | Cyfrowy Polsat SA | 63052 | 309229 |
|  | Develia SA | 101233 | 200615 |
|  \*W | Dino Polska SA | 4321 | 605750 |
|  | Dom Development SA | 2718 | 158326 |
|  #\* | Echo Investment SA | 10592 | 12957 |
|  \* | Enea SA | 102173 | 386688 |
|  | Eurocash SA | 16735 | 49063 |
|  \* | Fabryki Mebli Forte SA | 3906 | 27042 |
|  | Globe Trade Centre SA | 30781 | 32827 |
|  \* | Grupa Azoty SA | 12480 | 68478 |
|  | Grupa Kety SA | 3397 | 777891 |
|  | Grupa Pracuj SA | 5817 | 92897 |
|  | ING Bank Slaski SA | 4302 | 373522 |
|  | Inter Cars SA | 1997 | 301637 |
|  #\* | Jastrzebska Spolka Weglowa SA | 17979 | 115157 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  POLAND — (Continued) | POLAND — (Continued) |  |  |
|  | KGHM Polska Miedz SA | 18041 | $575913 |
|  | KRUK SA | 6213 | 659093 |
|  | LPP SA | 125 | 511594 |
|  | Lubelski Wegiel Bogdanka SA | 4699 | 27103 |
|  \* | mBank SA | 728 | 158620 |
|  | Mirbud SA | 18519 | 69483 |
|  | Mo-BRUK SA | 603 | 46639 |
|  \* | Mostostal Zabrze SA | 9282 | 14142 |
|  | Neuca SA | 441 | 83028 |
|  # | Newag SA | 1426 | 24999 |
|  | Orange Polska SA | 102086 | 262304 |
|  | ORLEN SA | 52863 | 954618 |
|  | PCC Rokita SA | 524 | 10874 |
|  \* | PGE Polska Grupa Energetyczna SA | 192824 | 421149 |
|  \* | PKP Cargo SA | 7534 | 31772 |
|  | PlayWay SA | 336 | 27095 |
|  \* | Polimex-Mostostal SA | 38961 | 40425 |
|  | Powszechna Kasa Oszczednosci Bank Polski SA | 35041 | 673696 |
|  | Powszechny Zaklad Ubezpieczen SA | 71016 | 1107906 |
|  | Rainbow Tours SA | 593 | 22591 |
|  | Santander Bank Polska SA | 1780 | 273779 |
|  \* | Selvita SA | 1674 | 14718 |
|  | Stalexport Autostrady SA | 30531 | 24218 |
|  | Synektik SA | 2522 | 151181 |
|  \* | Tauron Polska Energia SA | 416659 | 653916 |
|  \* | TEN Square Games SA | 1066 | 26960 |
|  | Text SA | 3006 | 43074 |
|  | Torpol SA | 4879 | 51190 |
|  | Unimot SA | 1479 | 61534 |
|  | Voxel SA | 582 | 22257 |
|  | VRG SA | 37269 | 36546 |
|  | Warsaw Stock Exchange | 2489 | 31606 |
|  | Wawel SA | 12 | 1988 |
|  | Wirtualna Polska Holding SA | 4868 | 115678 |
|  W | XTB SA | 22194 | 482188 |
|  #\* | Zespol Elektrocieplowni Wroclawskich Kogeneracja SA | 1940 | 26915 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  POLAND — (Continued) | POLAND — (Continued) |  |  |
|  \* | Zespol Elektrowni Patnow Adamow Konin SA | 2391 | $11889 |
|  TOTAL POLAND | TOTAL POLAND | TOTAL POLAND | 17662661 |
|  PORTUGAL — (0.2%) | PORTUGAL — (0.2%) |  |  |
|  # | Altri SGPS SA | 29560 | 203405 |
|  | Banco Comercial Portugues SA, Class R | 4162722 | 2662470 |
|  | Corticeira Amorim SGPS SA | 8194 | 70784 |
|  | CTT-Correios de Portugal SA | 28765 | 253378 |
|  | EDP SA (EDP PL) | 366729 | 1445522 |
|  | Galp Energia SGPS SA | 142533 | 2208374 |
|  | Ibersol SGPS SA | 8870 | 93494 |
|  | Jeronimo Martins SGPS SA | 30682 | 742577 |
|  # | Mota-Engil SGPS SA | 34573 | 137229 |
|  | Navigator Co. SA | 60047 | 227877 |
|  | NOS SGPS SA | 74060 | 309083 |
|  | REN - Redes Energeticas Nacionais SGPS SA | 91426 | 300076 |
|  | Semapa-Sociedade de Investimento e Gestao | 7088 | 132855 |
|  | Sonae SGPS SA | 308562 | 391854 |
|  TOTAL PORTUGAL | TOTAL PORTUGAL | TOTAL PORTUGAL | 9178978 |
|  QATAR — (0.2%) | QATAR — (0.2%) |  |  |
|  | Aamal Co. | 868127 | 197992 |
|  | Al Khaleej Takaful Group QSC | 72860 | 47854 |
|  | Al Meera Consumer Goods Co. QSC | 26032 | 104115 |
|  | Al Rayan Bank | 728158 | 447119 |
|  | Baladna | 261082 | 86963 |
|  | Barwa Real Estate Co. | 489975 | 377051 |
|  | Commercial Bank PSQC | 197552 | 233562 |
|  | Doha Bank QPSC | 721345 | 467782 |
|  | Doha Insurance Co. QSC | 102131 | 69363 |
|  \* | Estithmar Holding QPSC | 302951 | 228841 |
|  | Gulf International Services QSC | 347844 | 294609 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  QATAR — (Continued) | QATAR — (Continued) |  |  |
|  | Gulf Warehousing Co. | 120519 | $97515 |
|  | Industries Qatar QSC | 23363 | 80583 |
|  | Lesha Bank LLC | 287795 | 109474 |
|  | Mannai Corp. QSC | 40666 | 40239 |
|  \* | Mazaya Real Estate Development QPSC | 281270 | 46323 |
|  | Medicare Group | 60265 | 75727 |
|  | Mesaieed Petrochemical Holding Co. | 519016 | 200950 |
|  | Ooredoo QPSC | 196303 | 699363 |
|  | Qatar Aluminum Manufacturing Co. | 764860 | 269559 |
|  | Qatar Electricity & Water Co. QSC | 55985 | 235013 |
|  | Qatar Fuel QSC | 49111 | 202329 |
|  | Qatar Gas Transport Co. Ltd. | 394237 | 495657 |
|  | Qatar Industrial Manufacturing Co. QSC | 72555 | 50175 |
|  | Qatar Insurance Co. SAQ | 329469 | 176149 |
|  | Qatar International Islamic Bank QSC | 133173 | 388133 |
|  | Qatar Islamic Bank QPSC | 32774 | 190093 |
|  | Qatar Islamic Insurance Group | 22820 | 52393 |
|  | Qatar National Bank QPSC | 504678 | 2314711 |
|  | Qatar National Cement Co. QSC | 138869 | 130848 |
|  | Qatar Navigation QSC | 276752 | 843003 |
|  | QLM Life & Medical Insurance Co. WLL | 20001 | 10671 |
|  | Salam International Investment Ltd. QSC | 377474 | 68467 |
|  | United Development Co. QSC | 634651 | 179918 |
|  | Vodafone Qatar QSC | 704895 | 456738 |
|  \* | Widam Food Co. | 33153 | 19209 |
|  | Zad Holding Co. | 3845 | 15046 |
|  TOTAL QATAR | TOTAL QATAR | TOTAL QATAR | 10003537 |
|  RUSSIA — (0.0%) | RUSSIA — (0.0%) |  |  |
|  \*†† | Gazprom PJSC (OGZD LI), Sponsored ADR | 134073 | 0 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  RUSSIA — (Continued) | RUSSIA — (Continued) |  |  |
|  \*†† | Gazprom PJSC (OGZPY US), Sponsored ADR | 26988 | $0 |
|  \*†† | Magnitogorsk Iron & Steel Works PJSC (MMK LI), GDR | 23655 | 0 |
|  \*†† | Magnitogorsk Iron & Steel Works PJSC (MMK LI), Sponsored GDR | 4406 | 0 |
|  \*†† | Mechel PJSC, Sponsored ADR | 6898 | 0 |
|  \*†† | PhosAgro PJSC | 136 | 0 |
|  \*†† | Polyus PJSC (PLZL LI), GDR | 2588 | 0 |
|  \*†† | RusHydro PJSC (HYDR LI), ADR | 131916 | 0 |
|  \*†† | RusHydro PJSC (RSHYY US), ADR | 62793 | 0 |
|  \*†† | Sberbank of Russia PJSC (SBER LI), Sponsored ADR | 65441 | 0 |
|  \*†† | Severstal PAO (SVJTY US), GDR | 14770 | 0 |
|  \*†† | Severstal PAO (SVST LI), GDR | 6022 | 0 |
|  \*†† | VTB Bank PJSC (VTBR LI), GDR | 330257 | 0 |
|  SAUDI ARABIA — (1.0%) | SAUDI ARABIA — (1.0%) |  |  |
|  | Abdullah Al Othaim Markets Co. | 142899 | 343739 |
|  | ACWA Power Co. | 5683 | 487326 |
|  \* | Advanced Petrochemical Co. | 18991 | 152488 |
|  | Al Babtain Power & Telecommunication Co. | 14290 | 180858 |
|  | Al Hammadi Holding | 16591 | 177496 |
|  \* | Al Hassan Ghazi Ibrahim Shaker Co. | 6782 | 55741 |
|  | Al Jouf Agricultural Development Co. | 1033 | 13069 |
|  \* | Al Jouf Cement Co. | 9833 | 25890 |
|  \* | Al Khaleej Training & Education Co. | 12560 | 93611 |
|  | Al Moammar Information Systems Co. | 2436 | 85527 |
|  | Al Rajhi Bank | 143679 | 3732485 |
|  | Al Yamamah Steel Industries Co. | 5821 | 54123 |
|  | Alamar Foods | 4350 | 78403 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |  |
|  | Alandalus Property Co. | 9476 | $55064 |
|  | Alaseel Co. | 63346 | 67986 |
|  | Aldrees Petroleum & Transport Services Co. | 18385 | 675730 |
|  | Al-Etihad Cooperative Insurance Co. | 12241 | 49558 |
|  | Alinma Bank | 182002 | 1409654 |
|  | AlJazira Takaful Ta'awuni Co. | 14040 | 52503 |
|  \* | AlKhorayef Water & Power Technologies Co. | 4114 | 177728 |
|  \* | Allianz Saudi Fransi Cooperative Insurance Co. | 11757 | 53916 |
|  | Almarai Co. JSC | 84210 | 1186185 |
|  | Almunajem Foods Co. | 6319 | 139063 |
|  \* | Alujain Corp. | 12713 | 127529 |
|  | Arab National Bank | 120306 | 690067 |
|  \* | Arabia Insurance Cooperative Co. | 4637 | 15464 |
|  | Arabian Cement Co. | 20253 | 137251 |
|  W | Arabian Centres Co. | 25688 | 135664 |
|  | Arabian Contracting Services Co. | 2150 | 75598 |
|  | Arabian Internet & Communications Services Co. | 5428 | 415348 |
|  \* | Arabian Pipes Co. | 21030 | 51809 |
|  \* | Arabian Shield Cooperative Insurance Co. | 5123 | 24129 |
|  | Arriyadh Development Co. | 23530 | 215257 |
|  \* | ARTEX Industrial Investment Co. | 16986 | 60458 |
|  | Astra Industrial Group Co. | 8086 | 322357 |
|  | Ataa Educational Co. | 2664 | 47230 |
|  | Bank AlBilad | 131708 | 1017818 |
|  \* | Bank Al-Jazira | 178683 | 644078 |
|  | Banque Saudi Fransi | 154271 | 755671 |
|  \* | Basic Chemical Industries Ltd. | 3936 | 29662 |
|  | Bawan Co. | 13739 | 202046 |
|  | BinDawood Holding Co. | 82885 | 139653 |
|  | Bupa Arabia for Cooperative Insurance Co. | 12408 | 556271 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |  |
|  | Catrion Catering Holding Co. | 15453 | $485347 |
|  \* | Chubb Arabia Cooperative Insurance Co. | 2880 | 32285 |
|  | City Cement Co. | 27332 | 147621 |
|  | Co. for Cooperative Insurance | 8933 | 331164 |
|  | Dallah Healthcare Co. | 2932 | 95449 |
|  \* | Dar Al Arkan Real Estate Development Co. | 187611 | 1095658 |
|  | Dr. Sulaiman Al Habib Medical Services Group Co. | 11271 | 860366 |
|  | East Pipes Integrated Co. for Industry | 4748 | 170739 |
|  | Eastern Province Cement Co. | 17399 | 155922 |
|  | Electrical Industries Co. | 221800 | 421427 |
|  \* | Emaar Economic City | 69052 | 280186 |
|  | Etihad Etisalat Co. | 121849 | 2041262 |
|  \* | Fitaihi Holding Group | 53140 | 57024 |
|  | Gulf Insurance Group | 5785 | 39976 |
|  \* | Gulf Union Cooperative Insurance Co. | 11598 | 43999 |
|  \* | Herfy Food Services Co. | 8064 | 52763 |
|  | Jarir Marketing Co. | 94840 | 319384 |
|  | Leejam Sports Co. JSC | 6450 | 241101 |
|  \* | Mediterranean & Gulf Cooperative Insurance & Reinsurance Co. | 14458 | 86418 |
|  \* | Middle East Healthcare Co. | 8457 | 157013 |
|  \* | Middle East Paper Co. | 16242 | 121037 |
|  \* | Middle East Specialized Cables Co. | 7836 | 74155 |
|  | Mobile Telecommunications Co. Saudi Arabia | 166153 | 565446 |
|  | Mouwasat Medical Services Co. | 14835 | 287172 |
|  | Nahdi Medical Co. | 8206 | 248567 |
|  \* | Najran Cement Co. | 24708 | 55776 |
|  \* | National Agriculture Development Co. | 52908 | 313997 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |  |
|  | National Co. for Glass Industries | 7092 | $85962 |
|  | National Co. for Learning & Education | 2634 | 110080 |
|  | National Gas & Industrialization Co. | 7898 | 186502 |
|  \* | National Industrialization Co. | 121274 | 298776 |
|  | National Medical Care Co. | 3319 | 132050 |
|  | Northern Region Cement Co. | 37275 | 85914 |
|  | Qassim Cement Co. | 15343 | 216040 |
|  \* | Rabigh Refining & Petrochemical Co. | 68556 | 130172 |
|  | Retal Urban Development Co. | 22605 | 101712 |
|  | Riyad Bank | 151061 | 1240099 |
|  | Riyadh Cables Group Co. | 3109 | 105486 |
|  | Riyadh Cement Co. | 5504 | 49790 |
|  | SABIC Agri-Nutrients Co. | 33361 | 878815 |
|  | Sahara International Petrochemical Co. | 103655 | 525432 |
|  \* | Saudi Arabian Amiantit Co. | 6391 | 39596 |
|  \* | Saudi Arabian Mining Co. | 37616 | 512719 |
|  W | Saudi Arabian Oil Co. | 250560 | 1694036 |
|  | Saudi Aramco Base Oil Co. | 11981 | 317381 |
|  | Saudi Automotive Services Co. | 12967 | 228493 |
|  | Saudi Awwal Bank | 120785 | 1130234 |
|  | Saudi Basic Industries Corp. | 47993 | 780398 |
|  | Saudi Cement Co. | 23641 | 290146 |
|  \* | Saudi Ceramic Co. | 14470 | 108694 |
|  \* | Saudi Chemical Co. Holding | 63392 | 143444 |
|  | Saudi Electricity Co. | 68382 | 273076 |
|  | Saudi Industrial Investment Group | 64811 | 261407 |
|  | Saudi Investment Bank | 142290 | 571670 |
|  \* | Saudi Kayan Petrochemical Co. | 195136 | 300229 |
|  \* | Saudi Marketing Co. | 6069 | 33169 |
|  | Saudi National Bank | 204061 | 1944297 |
|  | Saudi Paper Manufacturing Co. | 6844 | 124983 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |  |
|  \* | Saudi Pharmaceutical Industries & Medical Appliances Corp. | 12952 | $88052 |
|  \* | Saudi Printing & Packaging Co. | 11187 | 36499 |
|  \* | Saudi Public Transport Co. | 20899 | 91635 |
|  \* | Saudi Real Estate Co. | 28937 | 178439 |
|  \* | Saudi Reinsurance Co. | 16594 | 218993 |
|  \* | Saudi Research & Media Group | 5674 | 262129 |
|  | Saudi Tadawul Group Holding Co. | 3274 | 160383 |
|  | Saudi Telecom Co. | 92984 | 1180503 |
|  | Saudia Dairy & Foodstuff Co. | 4505 | 366944 |
|  \* | Savola Group | 50096 | 418537 |
|  | Scientific & Medical Equipment House Co. | 2225 | 23785 |
|  \* | Seera Group Holding | 71283 | 465336 |
|  \* | Shams | 204398 | 47104 |
|  \* | SHL Finance Co. | 5242 | 28070 |
|  \* | Sinad Holding Co. | 25623 | 80225 |
|  | Southern Province Cement Co. | 16673 | 138087 |
|  | Sustained Infrastructure Holding Co. | 14458 | 114415 |
|  | Tabuk Cement Co. | 20594 | 67827 |
|  \* | Takween Advanced Industries Co. | 10887 | 25743 |
|  | Tanmiah Food Co. | 1611 | 45575 |
|  | Theeb Rent A Car Co. | 2863 | 50999 |
|  \* | Umm Al-Qura Cement Co. | 12979 | 62276 |
|  | United Electronics Co. | 11089 | 277743 |
|  | United International Transportation Co. | 14273 | 281278 |
|  \* | Walaa Cooperative Insurance Co. | 17904 | 90781 |
|  \* | Wataniya Insurance Co. | 5647 | 31959 |
|  | Yamama Cement Co. | 27549 | 267313 |
|  | Yanbu Cement Co. | 17524 | 101952 |
|  | Yanbu National Petrochemical Co. | 45539 | 388256 |
|  TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA | 42284397 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SINGAPORE — (0.8%) | SINGAPORE — (0.8%) |  |  |
|  \* | AEM Holdings Ltd. | 88476 | $80130 |
|  \* | AustAsia Group Ltd. | 57980 | 11962 |
|  | Aztech Global Ltd. | 83500 | 33905 |
|  | Banyan Tree Holdings Ltd. | 83400 | 20717 |
|  W | BOC Aviation Ltd. | 83000 | 622033 |
|  | Boustead Singapore Ltd. | 169629 | 134962 |
|  | BRC Asia Ltd. | 18700 | 45523 |
|  | Bukit Sembawang Estates Ltd. | 36100 | 97845 |
|  W | BW LPG Ltd. | 47620 | 478368 |
|  # | Capitaland India Trust | 234998 | 175325 |
|  | CapitaLand Investment Ltd. | 290300 | 611834 |
|  | Centurion Corp. Ltd. | 89000 | 85820 |
|  | China Aviation Oil Singapore Corp. Ltd. | 87000 | 56636 |
|  | China Sunsine Chemical Holdings Ltd. | 122400 | 51117 |
|  | China XLX Fertiliser Ltd. | 218000 | 125464 |
|  | City Developments Ltd. | 109500 | 416926 |
|  | ComfortDelGro Corp. Ltd. | 444200 | 521125 |
|  \* | COSCO Shipping International Singapore Co. Ltd. | 716400 | 68596 |
|  | CSE Global Ltd. | 153415 | 49178 |
|  | DBS Group Holdings Ltd. | 154414 | 5016785 |
|  | Delfi Ltd. | 102000 | 56307 |
|  | DFI Retail Group Holdings Ltd. | 61200 | 154477 |
|  #\*†† Ezion Holdings Ltd. | #\*†† Ezion Holdings Ltd. | 794350 | 0 |
|  #\*†† Ezra Holdings Ltd. | #\*†† Ezra Holdings Ltd. | 510429 | 0 |
|  | Far East Orchard Ltd. | 66719 | 52027 |
|  | First Resources Ltd. | 185500 | 214620 |
|  | Food Empire Holdings Ltd. | 81000 | 93648 |
|  | Fraser & Neave Ltd. | 85800 | 80192 |
|  | Frasers Property Ltd. | 112900 | 70508 |
|  # | Frencken Group Ltd. | 123300 | 95779 |
|  \* | Gallant Venture Ltd. | 211200 | 12289 |
|  | Genting Singapore Ltd. | 1377600 | 781191 |
|  | Geo Energy Resources Ltd. | 295000 | 80334 |
|  | Golden Agri-Resources Ltd. | 2347900 | 431596 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  | SINGAPORE — (Continued) |  |  |
|  | GuocoLand Ltd. | 90400 | $97592 |
|  | Haw Par Corp. Ltd. | 35700 | 354381 |
|  | Ho Bee Land Ltd. | 67800 | 93418 |
|  | Hong Fok Corp. Ltd. | 140600 | 79106 |
|  | Hong Leong Asia Ltd. | 103800 | 86803 |
|  | Hong Leong Finance Ltd. | 84700 | 167079 |
|  | Hongkong Land Holdings Ltd. | 165600 | 810446 |
|  | Hour Glass Ltd. | 68900 | 82837 |
|  | HRnetgroup Ltd. | 32200 | 17120 |
|  | Hutchison Port Holdings Trust | 1697000 | 252634 |
|  \*†† | Hyflux Ltd. | 178500 | 0 |
|  | iFAST Corp. Ltd. | 29900 | 142423 |
|  | Indofood Agri Resources Ltd. | 169600 | 40868 |
|  | ISDN Holdings Ltd. | 72898 | 17630 |
|  | Jardine Cycle & Carriage Ltd. | 27533 | 546853 |
|  | Kenon Holdings Ltd. | 5202 | 160174 |
|  | Keppel Infrastructure Trust | 863573 | 264728 |
|  | Keppel Ltd. | 179400 | 901969 |
|  | Mandarin Oriental International Ltd. | 12600 | 22712 |
|  | Marco Polo Marine Ltd. | 1450800 | 46804 |
|  | Metro Holdings Ltd. | 175700 | 49776 |
|  | Micro-Mechanics Holdings Ltd. | 3800 | 4763 |
|  \*†† | Midas Holdings Ltd. | 408200 | 0 |
|  | Nanofilm Technologies International Ltd. | 62800 | 25288 |
|  | Netlink NBN Trust | 524300 | 367182 |
|  # | Olam Group Ltd. | 248945 | 184277 |
|  | OUE Ltd. | 86100 | 61965 |
|  | Oversea-Chinese Banking Corp. Ltd. | 182911 | 2263663 |
|  | Pacific Century Regional Developments Ltd. | 64700 | 20751 |
|  | Pan-United Corp. Ltd. | 70025 | 36129 |
|  | Propnex Ltd. | 58500 | 47046 |
|  | Q&M Dental Group Singapore Ltd. | 52200 | 11596 |
|  | QAF Ltd. | 86800 | 55512 |
|  | Raffles Medical Group Ltd. | 80110 | 62019 |
|  \* | Rex International Holding Ltd. | 260800 | 23800 |
|  | Riverstone Holdings Ltd. | 161000 | 111572 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) |  |  |
|  | Samudera Shipping Line Ltd. | 95100 | $60484 |
|  | SATS Ltd. | 149029 | 321383 |
|  | SBS Transit Ltd. | 21100 | 47900 |
|  \* | Seatrium Ltd. | 463056 | 680021 |
|  | Sembcorp Industries Ltd. | 200696 | 1015154 |
|  | Sheng Siong Group Ltd. | 252400 | 340066 |
|  | SIA Engineering Co. Ltd. | 26200 | 44941 |
|  | SIIC Environment Holdings Ltd. (SIIC SP) | 402300 | 49723 |
|  | Sinarmas Land Ltd. | 396100 | 95604 |
|  | Singapore Airlines Ltd. | 350750 | 1800019 |
|  | Singapore Exchange Ltd. | 115100 | 1266198 |
|  | Singapore Land Group Ltd. | 40200 | 61652 |
|  | Singapore Post Ltd. | 520400 | 227755 |
|  | Singapore Technologies Engineering Ltd. | 190300 | 1080569 |
|  | Singapore Telecommunications Ltd. | 71900 | 208021 |
|  | Stamford Land Corp. Ltd. | 115570 | 31138 |
|  | StarHub Ltd. | 194500 | 174339 |
|  | Straits Trading Co. Ltd. | 61737 | 67656 |
|  \*†† | Swiber Holdings Ltd. | 29250 | 0 |
|  | Tai Sin Electric Ltd. | 50690 | 15570 |
|  \* | Thomson Medical Group Ltd. | 518900 | 16686 |
|  | Tuan Sing Holdings Ltd. | 231931 | 44385 |
|  | UMS Integration Ltd. | 120500 | 99646 |
|  | United Overseas Bank Ltd. | 148316 | 3939100 |
|  | UOB-Kay Hian Holdings Ltd. | 71608 | 98851 |
|  | UOL Group Ltd. | 115400 | 510493 |
|  | Valuetronics Holdings Ltd. | 150680 | 73970 |
|  | Venture Corp. Ltd. | 77900 | 691520 |
|  | Vicom Ltd. | 51600 | 53267 |
|  | Wilmar International Ltd. | 232300 | 544855 |
|  | Wing Tai Holdings Ltd. | 127300 | 114018 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) |  |  |
|  | Yangzijiang Shipbuilding Holdings Ltd. | 487400 | $834898 |
|  TOTAL SINGAPORE | TOTAL SINGAPORE | TOTAL SINGAPORE | 32948017 |
|  SOUTH AFRICA — (0.9%) | SOUTH AFRICA — (0.9%) |  |  |
|  | Absa Group Ltd. | 98437 | 908467 |
|  | Adcock Ingram Holdings Ltd. | 23281 | 61468 |
|  | Advtech Ltd. | 210953 | 351145 |
|  | AECI Ltd. | 39678 | 218956 |
|  | African Rainbow Minerals Ltd. | 38810 | 325402 |
|  # | Afrimat Ltd. | 44750 | 127351 |
|  | Alexander Forbes Group Holdings Ltd. | 103166 | 42824 |
|  | Altron Ltd., Class A | 58468 | 63962 |
|  | Anglo American Platinum Ltd. | 5667 | 194061 |
|  | Aspen Pharmacare Holdings Ltd. | 86814 | 570064 |
|  | Astral Foods Ltd. | 12343 | 114783 |
|  | AVI Ltd. | 110220 | 536156 |
|  | Barloworld Ltd. | 59080 | 344126 |
|  | Bid Corp. Ltd. | 36506 | 917397 |
|  | Bidvest Group Ltd. | 96534 | 1223798 |
|  \* | Blue Label Telecoms Ltd. | 246190 | 110954 |
|  \* | Brait PLC | 300048 | 34614 |
|  | Capitec Bank Holdings Ltd. | 4226 | 784372 |
|  | Cashbuild Ltd. | 4820 | 39768 |
|  | Caxton & CTP Publishers & Printers Ltd. | 20130 | 12996 |
|  | City Lodge Hotels Ltd. | 132868 | 29077 |
|  | Clicks Group Ltd. | 58060 | 1236706 |
|  | Coronation Fund Managers Ltd. | 62904 | 129061 |
|  | Curro Holdings Ltd. | 118706 | 57053 |
|  | DataTec Ltd. | 91014 | 283272 |
|  W | Dis-Chem Pharmacies Ltd. | 170510 | 289750 |
|  | Discovery Ltd. | 50002 | 555406 |
|  | DRDGOLD Ltd. (DRD SJ) | 58676 | 86464 |
|  | DRDGOLD Ltd. (DRD US),<br>Sponsored ADR | 3246 | 48365 |
|  | Exxaro Resources Ltd. | 60530 | 495550 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |  |  |
|  | Famous Brands Ltd. | 27176 | $82528 |
|  | FirstRand Ltd. | 199117 | 779611 |
|  | Foschini Group Ltd. | 125672 | 875582 |
|  # | Gold Fields Ltd. (GFI US),<br>Sponsored ADR | 64735 | 1459127 |
|  | Grindrod Ltd. | 223994 | 139780 |
|  | Harmony Gold Mining Co. Ltd. (HAR SJ) | 114674 | 1801801 |
|  | Hudaco Industries Ltd. | 11881 | 119526 |
|  \* | Impala Platinum Holdings Ltd. | 191759 | 1140414 |
|  | Investec Ltd. | 23379 | 145910 |
|  | Italtile Ltd. | 141325 | 73728 |
|  | JSE Ltd. | 11530 | 78959 |
|  \* | KAP Ltd. | 842526 | 126123 |
|  | Kumba Iron Ore Ltd. | 9628 | 168232 |
|  | Lewis Group Ltd. | 18504 | 68015 |
|  | Life Healthcare Group Holdings Ltd. | 558766 | 440201 |
|  | Merafe Resources Ltd. | 516286 | 31122 |
|  \* | Metair Investments Ltd. | 63223 | 25245 |
|  | Momentum Group Ltd. | 546915 | 1000985 |
|  | Motus Holdings Ltd. | 71205 | 333540 |
|  | Mpact Ltd. | 38245 | 55563 |
|  | Mr. Price Group Ltd. | 56831 | 726350 |
|  | MTN Group Ltd. | 258312 | 1709590 |
|  \* | MultiChoice Group | 60333 | 352659 |
|  \* | Nampak Ltd. | 1896 | 43109 |
|  | Naspers Ltd., Class N | 5221 | 1372821 |
|  | Nedbank Group Ltd. | 70872 | 967996 |
|  | Netcare Ltd. | 473122 | 347641 |
|  | Ninety One Ltd. | 77978 | 150747 |
|  | Northam Platinum Holdings Ltd. | 108279 | 726787 |
|  \* | Nutun Ltd. | 346149 | 34423 |
|  | Oceana Group Ltd. | 34784 | 110035 |
|  | Old Mutual Ltd. (OMU LN) | 826005 | 502834 |
|  | Old Mutual Ltd. (OMU SJ) | 637297 | 388855 |
|  | Omnia Holdings Ltd. | 61520 | 226715 |
|  | OUTsurance Group Ltd. | 164462 | 676431 |
|  W | Pepkor Holdings Ltd. | 702286 | 1016638 |
|  \* | Pick n Pay Stores Ltd. | 220331 | 332380 |
|  | PPC Ltd. | 439542 | 109967 |
|  | Premier Group Ltd. | 3073 | 22673 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |  |  |
|  | PSG Financial |  |  |
|  | Services Ltd. | 277462 | $297275 |
|  | Raubex Group Ltd. | 79034 | 187517 |
|  | Reunert Ltd. | 60916 | 202817 |
|  | RFG Holdings Ltd. | 59205 | 59375 |
|  | Sanlam Ltd. | 65955 | 300296 |
|  | Santam Ltd. | 12051 | 261346 |
|  | Sappi Ltd. | 212960 | 399316 |
|  \* | Sasol Ltd. (SOL SJ) | 74795 | 258347 |
|  # | Sasol Ltd. (SSL US), Sponsored ADR | 20702 | 72043 |
|  | Shoprite Holdings Ltd. | 45928 | 706656 |
|  \* | Sibanye Stillwater Ltd. (SBSW US), ADR | 9956 | 46297 |
|  \* | Sibanye Stillwater Ltd. (SSW SJ) | 935357 | 1068647 |
|  | Southern Sun Ltd. | 159875 | 71035 |
|  \* | SPAR Group Ltd. | 80469 | 495867 |
|  | Spur Corp. Ltd. | 22560 | 41098 |
|  | Stadio Holdings Ltd. | 56617 | 23876 |
|  | Standard Bank Group Ltd. | 130345 | 1627769 |
|  | Sun International Ltd. | 72915 | 157210 |
|  # | Super Group Ltd. | 156278 | 242737 |
|  \* | Telkom SA SOC Ltd. | 106423 | 225429 |
|  | Thungela Resources Ltd. (TGA LN) | 4110 | 20514 |
|  # | Thungela Resources Ltd. (TGA SJ) | 52212 | 259745 |
|  | Tiger Brands Ltd. | 29886 | 466076 |
|  | Truworths International Ltd. | 136582 | 544900 |
|  | Tsogo Sun Ltd. | 161801 | 71892 |
|  | Vodacom Group Ltd. | 51605 | 381838 |
|  | We Buy Cars Holdings Ltd. | 23946 | 55579 |
|  | Wilson Bayly Holmes-Ovcon Ltd. | 20879 | 215764 |
|  | Woolworths Holdings Ltd. | 205266 | 636473 |
|  | Zeda Ltd. | 84625 | 47606 |
|  TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA | 38403351 |
|  SOUTH KOREA — (3.0%) | SOUTH KOREA — (3.0%) |  |  |
|  \* | 3S Korea Co. Ltd. | 8971 | 14672 |
|  | ABOV Semiconductor Co. Ltd. | 2876 | 20359 |
|  \* | Abpro Bio Co. Ltd. | 46541 | 10018 |
|  \* | ADTechnology Co. Ltd. | 1392 | 14632 |
|  | Advanced Nano Products Co. Ltd. | 425 | 16173 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Advanced Process Systems Corp. | 4460 | $53461 |
|  | Aekyung Chemical Co. Ltd. | 5635 | 45417 |
|  | Aekyung Industrial Co. Ltd. | 4138 | 39613 |
|  #\* | Agabang & Company | 8356 | 41160 |
|  | Ahnlab, Inc. | 1142 | 53938 |
|  \* | Air Busan Co. Ltd. | 27505 | 39702 |
|  | Ajin Industrial Co. Ltd. | 8820 | 18312 |
|  \* | Alteogen, Inc. | 1363 | 336074 |
|  \* | ALUKO Co. Ltd. | 22513 | 33567 |
|  \* | Amicogen, Inc. | 2692 | 6445 |
|  | Amorepacific Corp. | 1943 | 170404 |
|  | Amorepacific Holdings Corp. | 7868 | 127281 |
|  \* | Ananti, Inc. | 15367 | 73128 |
|  \* | Anapass, Inc. | 2227 | 30460 |
|  \* | Anterogen Co. Ltd. | 1096 | 17438 |
|  | Asia Cement Co. Ltd. | 6180 | 47817 |
|  | ASIA Holdings Co. Ltd. | 309 | 56707 |
|  \* | Asia Pacific Satellite, Inc. | 2881 | 25082 |
|  | Asia Paper Manufacturing Co. Ltd. | 12545 | 60974 |
|  | Atec Co. Ltd. | 1583 | 32580 |
|  | ATON, Inc. | 5667 | 22647 |
|  | Avaco Co. Ltd. | 1894 | 17511 |
|  | Baiksan Co. Ltd. | 3840 | 38405 |
|  | BGF Co. Ltd. | 10500 | 26483 |
|  | BGF retail Co. Ltd. | 2404 | 181659 |
|  | BH Co. Ltd. | 8816 | 76380 |
|  \* | BHI Co. Ltd. | 5667 | 112595 |
|  # | Binggrae Co. Ltd. | 2019 | 134179 |
|  | Bio Plus Co. Ltd. | 8987 | 48385 |
|  \* | Bioneer Corp. | 1247 | 13783 |
|  | BioNote, Inc. | 9977 | 32110 |
|  \* | BNC Korea Co. Ltd. | 5296 | 15478 |
|  | BNK Financial Group, Inc. | 58290 | 424877 |
|  | Boditech Med, Inc. | 4479 | 54440 |
|  | Boryung | 6725 | 40053 |
|  \* | Bosung Power Technology Co. Ltd. | 7124 | 14705 |
|  \* | Bukwang Pharmaceutical Co. Ltd. | 6106 | 17209 |
|  | Byucksan Corp. | 18048 | 31048 |
|  | C&C International Co. Ltd. | 1247 | 28250 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | C&G Hi Tech Co. Ltd. | 1160 | $10652 |
|  \* | Cafe24 Corp. | 4837 | 203989 |
|  | Cape Industries Ltd. | 3880 | 17746 |
|  | Caregen Co. Ltd. | 4524 | 75783 |
|  \* | Celltrion Pharm, Inc. | 1516 | 51193 |
|  | Celltrion, Inc. | 1842 | 208895 |
|  \* | Chabiotech Co. Ltd. | 3189 | 24640 |
|  | Cheil Worldwide, Inc. | 19008 | 248084 |
|  | Chemtronics Co. Ltd. | 4706 | 73613 |
|  | Cheryong Electric Co. Ltd. | 3612 | 79664 |
|  | Chips&Media, Inc. | 2169 | 25024 |
|  \* | Choil Aluminum Co. Ltd. | 12350 | 14791 |
|  | Chong Kun Dang Pharmaceutical Corp. | 2553 | 146160 |
|  | Chongkundang Holdings Corp. | 933 | 30447 |
|  \* | Chorokbaem Media Co. Ltd. | 4292 | 14842 |
|  \* | CJ CGV Co. Ltd. | 30055 | 102760 |
|  | CJ CheilJedang Corp. | 3181 | 534998 |
|  | CJ Corp. | 4594 | 401578 |
|  \* | CJ ENM Co. Ltd. | 3772 | 164063 |
|  | CJ Freshway Corp. | 1953 | 33353 |
|  | CJ Logistics Corp. | 3275 | 191051 |
|  # | Classys, Inc. | 4375 | 197827 |
|  | CLIO Cosmetics Co. Ltd. | 2078 | 26345 |
|  \* | CMG Pharmaceutical Co. Ltd. | 12199 | 21175 |
|  \* | Com2uS Holdings Corp. | 1562 | 21838 |
|  | Com2uSCorp. | 2574 | 71259 |
|  | Coocon Corp. | 1967 | 27928 |
|  | Cosmax, Inc. | 3027 | 367338 |
|  | Cosmecca Korea Co. Ltd. | 2026 | 61613 |
|  \* | CosmoAM&T Co. Ltd. | 1110 | 30747 |
|  \* | Cosmochemical Co. Ltd. | 2451 | 26726 |
|  | Coway Co. Ltd. | 14873 | 915737 |
|  | Cowintech Co. Ltd. | 2594 | 23586 |
|  | CR Holdings Co. Ltd. | 9178 | 33685 |
|  \* | Creative & Innovative System | 15602 | 79303 |
|  | Creverse, Inc. | 1783 | 18001 |
|  \* | CrystalGenomics Invites Co. Ltd. | 5410 | 7647 |
|  | CS Wind Corp. | 8877 | 242323 |
|  \* | CTC BIO, Inc. | 2718 | 13162 |
|  \* | Cube Entertainment, Inc. | 3035 | 41975 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Cuckoo Holdings Co. Ltd. | 2711 | $46343 |
|  | Cuckoo Homesys Co. Ltd. | 2145 | 34368 |
|  \*†† | DA Technology Co. Ltd. | 42635 | 1140 |
|  | Dae Hwa Pharmaceutical Co. Ltd. | 1666 | 17458 |
|  | Dae Won Kang Up Co. Ltd. | 14591 | 40018 |
|  \* | Daea TI Co. Ltd. | 7559 | 21720 |
|  | Daedong Corp. | 5933 | 42937 |
|  | Daeduck Co. Ltd. | 8124 | 45210 |
|  | Daeduck Electronics Co. Ltd. | 9245 | 90756 |
|  | Daehan Flour Mill Co. Ltd. | 427 | 39271 |
|  | Daehan Steel Co. Ltd. | 4935 | 55684 |
|  \* | Dae-Il Corp. | 7233 | 23886 |
|  | Daejoo Electronic Materials Co. Ltd. | 2272 | 131636 |
|  | Daesang Corp. | 6805 | 114378 |
|  | Daesang Holdings Co. Ltd. | 5349 | 40074 |
|  \* | Daewon Cable Co. Ltd. | 18604 | 36616 |
|  | Daewon Pharmaceutical Co. Ltd. | 2806 | 27231 |
|  | Daewon San Up Co. Ltd. | 1753 | 9495 |
|  \* | Daewoo Engineering & Construction Co. Ltd. | 64662 | 161328 |
|  | Daewoong Co. Ltd. | 7404 | 105671 |
|  | Daewoong Pharmaceutical Co. Ltd. | 1453 | 141197 |
|  | Daihan Pharmaceutical Co. Ltd. | 2113 | 39240 |
|  | Daishin Securities Co. Ltd. | 13391 | 168662 |
|  \* | Danal Co. Ltd. | 19693 | 39942 |
|  | Daol Investment & Securities Co. Ltd. | 15202 | 36245 |
|  | Daou Data Corp. | 5550 | 46231 |
|  | Daou Technology, Inc. | 8443 | 128951 |
|  \* | Dasan Networks, Inc. | 6363 | 12414 |
|  \* | Dawonsys Co. Ltd. | 5008 | 30406 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | DB HiTek Co. Ltd. | 12273 | $331777 |
|  | DB Insurance Co. Ltd. | 17100 | 1101673 |
|  | DB Securities Co. Ltd. | 14665 | 65582 |
|  \* | DB, Inc. | 39902 | 36298 |
|  | Dear U Co. Ltd. | 2552 | 85566 |
|  | Dentium Co. Ltd. | 2353 | 120774 |
|  | Deutsch Motors, Inc. | 7502 | 24809 |
|  | DI Dong Il Corp. | 3728 | 108453 |
|  | Digital Daesung Co. Ltd. | 6676 | 35875 |
|  \* | DIO Corp. | 2583 | 35367 |
|  | DIT Corp. | 1046 | 9454 |
|  \* | DK Tech Co. Ltd. | 4280 | 21556 |
|  | DL E&C Co. Ltd. | 10560 | 322762 |
|  | DL Holdings Co. Ltd. | 4437 | 101415 |
|  \* | DMOA Co. Ltd. | 728 | 2493 |
|  | DMS Co. Ltd. | 5594 | 24910 |
|  | DN Automotive Corp. | 7066 | 102325 |
|  | Dohwa Engineering Co. Ltd. | 3950 | 18200 |
|  | Dong-A Socio Holdings Co. Ltd. | 1198 | 87058 |
|  | Dong-A ST Co. Ltd. | 1282 | 43381 |
|  | Dong-Ah Geological Engineering Co. Ltd. | 1178 | 12257 |
|  | Dongbang Transport Logistics Co. Ltd. | 18539 | 31070 |
|  | Dongjin Semichem Co. Ltd. | 13873 | 284057 |
|  | Dongkoo Bio & Pharma Co. Ltd. | 5343 | 20363 |
|  | DongKook Pharmaceutical Co. Ltd. | 6141 | 65603 |
|  | Dongkuk Holdings Co. Ltd. | 8416 | 42645 |
|  | Dongkuk Industries Co. Ltd. | 8871 | 23318 |
|  | Dongkuk Steel Mill Co. Ltd. | 11447 | 73845 |
|  | Dongsuh Cos., Inc. | 4203 | 76976 |
|  | Dongsung Chemical Co. Ltd. | 11041 | 31959 |
|  | Dongsung Finetec Co. Ltd. | 5503 | 96015 |
|  \* | Dongwha Enterprise Co. Ltd. | 5938 | 35496 |
|  | Dongwha Pharm Co. Ltd. | 7024 | 31040 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Dongwon Development Co. Ltd. | 20451 | $33563 |
|  | Dongwon F&B Co. Ltd. | 1998 | 51804 |
|  | Dongwon Systems Corp. | 2492 | 57281 |
|  | Dongwoon Anatech Co. Ltd. | 6640 | 98449 |
|  | Dongyang E&P, Inc. | 2542 | 35949 |
|  | Doosan Bobcat, Inc. | 17671 | 607538 |
|  | Doosan Co. Ltd. | 624 | 132741 |
|  \* | Doosan Enerbility Co. Ltd. | 29796 | 605352 |
|  \* | Doosan Fuel Cell Co. Ltd. | 3564 | 38241 |
|  | Doosan Tesna, Inc. | 4201 | 74594 |
|  | DoubleUGames Co. Ltd. | 4704 | 186651 |
|  | Douzone Bizon Co. Ltd. | 5864 | 251550 |
|  \* | Dream Security Co. Ltd. | 7102 | 17401 |
|  | Dreamtech Co. Ltd. | 5485 | 24573 |
|  \* | Duk San Neolux Co. Ltd. | 2940 | 61604 |
|  \* | Duksan Techopia Co. Ltd. | 866 | 13580 |
|  | Duksung Co. Ltd. | 3908 | 17211 |
|  | Easy Holdings Co. Ltd. | 13163 | 31777 |
|  | Echo Marketing, Inc. | 5179 | 30248 |
|  \* | Ecopro BM Co. Ltd. | 1140 | 81202 |
|  | Ecopro Co. Ltd. | 2099 | 75041 |
|  # | Ecopro HN Co. Ltd. | 5095 | 100229 |
|  | E-MART, Inc. | 5020 | 322953 |
|  \* | EMKOREA Co. Ltd. | 2739 | 4098 |
|  \* | EMRO, Inc. | 1072 | 40166 |
|  \* | Enchem Co. Ltd. | 429 | 23906 |
|  | ENF Technology Co. Ltd. | 3528 | 61288 |
|  \* | Enzychem Lifesciences Corp. | 33378 | 27221 |
|  | Eo Technics Co. Ltd. | 325 | 26321 |
|  \*†† | E-TRON Co. Ltd. | 77989 | 2057 |
|  \* | Eubiologics Co. Ltd. | 8107 | 74951 |
|  | Eugene Corp. | 21899 | 53754 |
|  | Eugene Investment & Securities Co. Ltd. | 29071 | 56662 |
|  | Eugene Technology Co. Ltd. | 1768 | 42347 |
|  \* | EV Advanced Material Co. Ltd. | 13442 | 13630 |
|  \* | Exem Co. Ltd. | 11150 | 16899 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Exicon Co. Ltd. | 1331 | $9577 |
|  # | F&F Co. Ltd. | 4182 | 207657 |
|  | FarmStory Co. Ltd. | 12597 | 10728 |
|  \* | Fine M-Tec Co. Ltd. | 6951 | 25853 |
|  \* | Fine Semitech Corp. | 1745 | 21714 |
|  \* | Foosung Co. Ltd. | 7102 | 21900 |
|  | Fursys, Inc. | 122 | 3849 |
|  | Gabia, Inc. | 2918 | 45246 |
|  \* | GAEASOFT | 3889 | 27046 |
|  \* | GAMSUNG Corp. Co. Ltd. | 23154 | 58954 |
|  \* | Gaon Cable Co. Ltd. | 1845 | 78697 |
|  \* | GC Cell Corp. | 2484 | 36025 |
|  \* | GeneOne Life Science, Inc. | 13833 | 22536 |
|  \* | Genexine, Inc. | 9960 | 32117 |
|  | Geumhwa PSC Co. Ltd. | 1120 | 20730 |
|  | Global Standard Technology Co. Ltd. | 4658 | 56210 |
|  \* | Global Tax Free Co. Ltd. | 7749 | 30384 |
|  \* | GnBS eco Co. Ltd. | 6666 | 16416 |
|  | GnCenergy Co. Ltd. | 943 | 15097 |
|  | GOLFZON Co. Ltd. | 1513 | 69776 |
|  | Golfzon Holdings Co. Ltd. | 8068 | 26513 |
|  | Gradiant Corp. | 3293 | 31512 |
|  | Grand Korea Leisure Co. Ltd. | 7194 | 61470 |
|  | Green Cross Corp. | 476 | 41537 |
|  | Green Cross Holdings Corp. | 6220 | 61223 |
|  | GS Engineering & Construction Corp. | 21794 | 280160 |
|  | GS Global Corp. | 25862 | 46646 |
|  | GS Holdings Corp. (078930 KS) | 16604 | 451482 |
|  \* | GS P&L Co. Ltd. | 2829 | 42096 |
|  | GS Retail Co. Ltd. | 11928 | 124136 |
|  | Gwangju Shinsegae Co. Ltd. | 1845 | 36169 |
|  | HAESUNG DS Co. Ltd. | 4750 | 77204 |
|  | Haesung Industrial Co. Ltd. | 5401 | 24674 |
|  | Han Kuk Carbon Co. Ltd. | 4216 | 57620 |
|  | Hana Financial Group, Inc. | 59584 | 2702140 |
|  | Hana Materials, Inc. | 1578 | 30803 |
|  # | Hana Micron, Inc. | 18720 | 143383 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  \* | Hana Technology Co. Ltd. | 1185 | $16624 |
|  | Hana Tour Service, Inc. | 3782 | 138458 |
|  \* | Hanall Biopharma Co. Ltd. | 2003 | 39146 |
|  | Hancom, Inc. | 3657 | 55051 |
|  | Handok, Inc. | 3747 | 30838 |
|  | Handsome Co. Ltd. | 4351 | 47332 |
|  | Hanil Cement Co. Ltd. | 6973 | 87953 |
|  | Hanil Feed Co. Ltd. | 5105 | 12797 |
|  | Hanil Holdings Co. Ltd. | 2428 | 25294 |
|  | Hanjin Kal Corp. | 2220 | 123619 |
|  | Hanjin Transportation Co. Ltd. | 3824 | 51529 |
|  | Hankook Cosmetics Manufacturing Co. Ltd. | 653 | 25497 |
|  | Hankook Shell Oil Co. Ltd. | 239 | 62224 |
|  | Hankook Tire & Technology Co. Ltd. | 25775 | 748656 |
|  | Hanmi Pharm Co. Ltd. | 1449 | 273982 |
|  | Hanmi Science Co. Ltd. | 2451 | 50112 |
|  # | Hanmi Semiconductor Co. Ltd. | 6874 | 367879 |
|  | HanmiGlobal Co. Ltd. | 2624 | 29626 |
|  | Hannong Chemicals, Inc. | 1763 | 18507 |
|  \* | Hanon Systems | 49707 | 124562 |
|  | Hansae Co. Ltd. | 5784 | 45420 |
|  | Hansol Chemical Co. Ltd. | 2668 | 217404 |
|  \* | Hansol IONES Co. Ltd. | 3514 | 19101 |
|  | Hansol Paper Co. Ltd. | 6734 | 39698 |
|  | Hansol Technics Co. Ltd. | 10714 | 35990 |
|  | Hanssem Co. Ltd. | 2446 | 73039 |
|  | Hanwha Aerospace Co. Ltd. | 4279 | 2404813 |
|  | Hanwha Corp. | 9985 | 338659 |
|  \* | Hanwha Engine | 6198 | 119115 |
|  \* | Hanwha Galleria Corp. | 40145 | 33761 |
|  | Hanwha General Insurance Co. Ltd. | 20256 | 58074 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  \* | Hanwha Investment & Securities Co. Ltd. | 57776 | $139721 |
|  \* | Hanwha Life Insurance Co. Ltd. | 74932 | 139776 |
|  | Hanwha Solutions Corp. | 28263 | 594203 |
|  # | Hanwha Systems Co. Ltd. | 6537 | 180099 |
|  #\* | Hanwha Vision Co. Ltd. | 6135 | 260310 |
|  | Hanyang Eng Co. Ltd. | 4895 | 55968 |
|  | Hanyang Securities Co. Ltd. | 4400 | 41421 |
|  \* | Harim Co. Ltd. | 15284 | 32887 |
|  | Harim Holdings Co. Ltd. | 16285 | 68473 |
|  | HB SOLUTION Co. Ltd. | 5300 | 9075 |
|  | HB Technology Co. Ltd. | 17310 | 23778 |
|  | HD Hyundai Co. Ltd. | 12992 | 718523 |
|  | HD Hyundai Construction Equipment Co. Ltd. | 3280 | 156187 |
|  | HD Hyundai Electric Co. Ltd. | 3703 | 805865 |
|  \* | HD Hyundai Energy Solutions Co. Ltd. | 1474 | 29639 |
|  | HD Hyundai Heavy Industries Co. Ltd. | 408 | 115394 |
|  | HD Hyundai Infracore Co. Ltd. | 49004 | 284683 |
|  | HD Hyundai Mipo | 1060 | 124522 |
|  | HD Korea Shipbuilding & Offshore Engineering Co. Ltd. | 1446 | 276615 |
|  | HDC Holdings Co. Ltd. | 10850 | 146677 |
|  | HDC Hyundai Development Co-Engineering & Construction | 11892 | 208072 |
|  \* | HD-Hyundai Marine Engine | 1500 | 39021 |
|  | Hecto Innovation Co. Ltd. | 2233 | 18536 |
|  \* | Helixmith Co. Ltd. | 9323 | 17392 |
|  \* | Heung-A Shipping Co. Ltd. | 14992 | 16436 |
|  \* | HFR, Inc. | 1358 | 17502 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | High Tech Pharm Co. Ltd. | 1829 | $17109 |
|  | Hite Jinro Co. Ltd. | 11419 | 155277 |
|  | HK inno N Corp. | 3061 | 86788 |
|  | HL Holdings Corp. | 2082 | 53607 |
|  | HL Mando Co. Ltd. | 11125 | 291905 |
|  \* | HLB Biostep Co. Ltd. | 7319 | 8424 |
|  #\* | HLB Life Science Co. Ltd. | 2977 | 13161 |
|  \* | HLB, Inc. | 3435 | 136981 |
|  | HMM Co. Ltd. | 38324 | 493246 |
|  | Home Center Holdings Co. Ltd. | 32105 | 18809 |
|  \* | Homecast Co. Ltd. | 4246 | 7573 |
|  \* | Hotel Shilla Co. Ltd. | 3391 | 104755 |
|  | HPSP Co. Ltd. | 8978 | 142076 |
|  | HS Hyosung Advanced Materials Corp. | 1038 | 129780 |
|  #\* | HS Hyosung Corp. | 549 | 15787 |
|  | HS Industries Co. Ltd. | 9817 | 32400 |
|  \* | Hugel, Inc. | 1197 | 306723 |
|  \* | Humasis Co. Ltd. | 17651 | 16777 |
|  | Humedix Co. Ltd. | 2688 | 75703 |
|  | Huons Co. Ltd. | 2307 | 41087 |
|  | Huons Global Co. Ltd. | 1169 | 41183 |
|  | Husteel Co. Ltd. | 10980 | 37033 |
|  | Hwa Shin Co. Ltd. | 5887 | 32640 |
|  | Hwaseung Enterprise Co. Ltd. | 4866 | 26555 |
|  | HYBE Co. Ltd. | 772 | 145275 |
|  | Hy-Lok Corp. | 2141 | 43468 |
|  | Hyosung Corp. | 2100 | 78403 |
|  # | Hyosung Heavy Industries Corp. | 1109 | 383572 |
|  | Hyosung TNC Corp. | 924 | 154575 |
|  | Hyundai Autoever Corp. | 1693 | 146734 |
|  | Hyundai Bioland Co. Ltd. | 5552 | 16864 |
|  | Hyundai BNG Steel Co. Ltd. | 4399 | 37756 |
|  | HYUNDAI Corp. | 3245 | 51848 |
|  | Hyundai Department Store Co. Ltd. | 5002 | 210121 |
|  | Hyundai Elevator Co. Ltd. | 4546 | 236013 |
|  | Hyundai Engineering & Construction Co. Ltd. | 18285 | 535854 |
|  | Hyundai Futurenet Co. Ltd. | 15058 | 30447 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Hyundai GF Holdings | 4044 | $15488 |
|  | Hyundai Glovis Co. Ltd. | 7665 | 614594 |
|  | Hyundai Green Food | 5169 | 56579 |
|  | Hyundai Home Shopping Network Corp. | 2467 | 84242 |
|  | Hyundai Livart Furniture Co. Ltd. | 5250 | 26831 |
|  \* | Hyundai Marine & Fire Insurance Co. Ltd. | 22797 | 356705 |
|  | Hyundai Mobis Co. Ltd. | 5076 | 952809 |
|  | Hyundai Motor Co. | 19593 | 2625452 |
|  | Hyundai Motor Securities Co. Ltd. | 14058 | 64625 |
|  | Hyundai Movex Co. Ltd. | 9643 | 30441 |
|  | Hyundai Rotem Co. Ltd. | 19617 | 1546193 |
|  | Hyundai Steel Co. | 20601 | 354661 |
|  # | Hyundai Wia Corp. | 6080 | 182984 |
|  | HyVision System, Inc. | 3825 | 42664 |
|  | i3system, Inc. | 1777 | 71269 |
|  | iFamilySC Co. Ltd. | 3321 | 48605 |
|  \* | Il Dong Pharmaceutical Co. Ltd. | 1020 | 8484 |
|  | Iljin Electric Co. Ltd. | 2036 | 36180 |
|  \* | Iljin Hysolus Co. Ltd. | 1089 | 10372 |
|  | Iljin Power Co. Ltd. | 3680 | 23769 |
|  | Ilshin Spinning Co. Ltd. | 5925 | 36060 |
|  | Ilyang Pharmaceutical Co. Ltd. | 3819 | 33080 |
|  | iM Financial Group Co. Ltd. | 55226 | 399305 |
|  | iMarketKorea, Inc. | 6839 | 38214 |
|  | InBody Co. Ltd. | 2385 | 40515 |
|  | Incar Financial Service Co. Ltd. | 8353 | 48879 |
|  | Industrial Bank of Korea | 56846 | 613505 |
|  | Innocean Worldwide, Inc. | 7233 | 92703 |
|  | InnoWireless Co. Ltd. | 1320 | 18034 |
|  | Innox Advanced Materials Co. Ltd. | 4153 | 66685 |
|  \* | Insun ENT Co. Ltd. | 6057 | 21800 |
|  | Intellian Technologies, Inc. | 631 | 17033 |
|  | Intelligent Digital Integrated Security Co. Ltd. | 1720 | 19984 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  \* | Interflex Co. Ltd. | 4142 | $24370 |
|  †† | Interojo Co. Ltd. | 2267 | 6968 |
|  | INTOPS Co. Ltd. | 5178 | 58695 |
|  | INVENI Co. Ltd. | 837 | 29874 |
|  | IS Dongseo Co. Ltd. | 5001 | 63800 |
|  | ISC Co. Ltd. | 1515 | 52779 |
|  | i-SENS, Inc. | 2545 | 29337 |
|  \* | ISU Chemical Co. Ltd. | 4469 | 17777 |
|  # | IsuPetasys Co. Ltd. | 14553 | 328583 |
|  \* | ITEK, Inc. | 2956 | 12028 |
|  \* | ITM Semiconductor Co. Ltd. | 913 | 7732 |
|  \* | Jahwa Electronics Co. Ltd. | 4209 | 35277 |
|  | JB Financial Group Co. Ltd. | 42858 | 514944 |
|  \* | Jeju Air Co. Ltd. | 13412 | 63206 |
|  \* | Jeju Semiconductor Corp. | 5017 | 44533 |
|  | Jinsung T.E.C. | 4387 | 27829 |
|  \* | JNTC Co. Ltd. | 5350 | 51589 |
|  | Jusung Engineering Co. Ltd. | 7283 | 171900 |
|  | JVM Co. Ltd. | 1746 | 28463 |
|  | JW Holdings Corp. | 15506 | 33574 |
|  | JW Life Science Corp. | 3481 | 28139 |
|  | JW Pharmaceutical Corp. | 4746 | 74524 |
|  | JYP Entertainment Corp. | 8171 | 397454 |
|  | K Car Co. Ltd. | 5825 | 57391 |
|  | K Ensol Co. Ltd. | 2425 | 19820 |
|  | Kakao Corp. | 10899 | 292799 |
|  \* | Kakao Games Corp. | 9090 | 90777 |
|  | KakaoBank Corp. | 5311 | 83246 |
|  \* | Kakaopay Corp. | 1219 | 27142 |
|  | Kangnam Jevisco Co. Ltd. | 384 | 3206 |
|  \* | Kangwon Energy Co. Ltd. | 1099 | 5502 |
|  | Kangwon Land, Inc. | 13487 | 153956 |
|  | KB Financial Group, Inc. (105560 KS) | 41224 | 2605303 |
|  | KC Co. Ltd. | 3354 | 43838 |
|  | KC Tech Co. Ltd. | 2444 | 45052 |
|  # | KCC Corp. | 1746 | 306577 |
|  | KCC Glass Corp. | 2917 | 65698 |
|  | KCTC | 9076 | 24451 |
|  \* | KEC Corp. | 42024 | 21675 |
|  | KEPCO Engineering & Construction Co., Inc. | 1021 | 48763 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | KEPCO Plant Service & Engineering Co. Ltd. | 8644 | $267032 |
|  | KG Chemical Corp. | 5365 | 15028 |
|  | KG Dongbusteel | 13989 | 58305 |
|  | KG Eco Solution Co. Ltd. | 11376 | 44080 |
|  \* | KG Mobility Co. | 21431 | 49149 |
|  | Kginicis Co. Ltd. | 6812 | 41885 |
|  | KH Vatec Co. Ltd. | 6186 | 40078 |
|  | Kia Corp. | 41333 | 2626847 |
|  \*†† | Kib Plug Energy | 105049 | 28525 |
|  | KINX, Inc. | 903 | 50112 |
|  | KISCO Corp. | 2567 | 15347 |
|  | KISCO Holdings Co. Ltd. | 3626 | 53201 |
|  | KISWIRE Ltd. | 3511 | 42740 |
|  | KIWOOM Securities Co. Ltd. | 4362 | 419447 |
|  \* | KMW Co. Ltd. | 3215 | 19444 |
|  \* | KNJ Co. Ltd. | 2770 | 30798 |
|  | Koh Young Technology, Inc. | 5169 | 50287 |
|  | Kolmar BNH Co. Ltd. | 3110 | 29506 |
|  | Kolmar Holdings Co. Ltd. | 6530 | 43780 |
|  # | Kolmar Korea Co. Ltd. | 5072 | 271060 |
|  | Kolon Corp. | 2068 | 33962 |
|  | Kolon Enp, Inc. | 4673 | 20506 |
|  | Kolon Industries, Inc. | 6654 | 141193 |
|  \* | Kolon Life Science, Inc. | 1140 | 21009 |
|  | KoMiCo Ltd. | 2082 | 86081 |
|  | KONA I Co. Ltd. | 2045 | 55838 |
|  # | Korea Aerospace Industries Ltd. | 13495 | 789870 |
|  | Korea Alcohol Industrial Co. Ltd. | 4299 | 27520 |
|  | Korea Asset In Trust Co. Ltd. | 27831 | 45593 |
|  \* | Korea Circuit Co. Ltd. | 5045 | 35999 |
|  | Korea District Heating Corp. | 321 | 11967 |
|  | Korea Electric Power Corp. (015760 KS) | 18544 | 334442 |
|  | Korea Electric Power Corp. (KEP US), Sponsored ADR | 1200 | 10908 |
|  | Korea Electric Terminal Co. Ltd. | 2047 | 92798 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Korea Electronic Power Industrial Development Co. Ltd. | 4210 | $37502 |
|  | Korea Fuel-Tech Corp. | 5317 | 17463 |
|  | Korea Gas Corp. | 4136 | 112673 |
|  \* | Korea Information & Communications Co. Ltd. | 5701 | 31028 |
|  | Korea Information Certificate Authority, Inc. | 8779 | 27132 |
|  | Korea Investment Holdings Co. Ltd. | 13117 | 765837 |
|  \* | Korea Line Corp. | 56932 | 60915 |
|  | Korea Petrochemical Ind Co. Ltd. | 1452 | 85842 |
|  | Korea Petroleum Industries Co. | 2315 | 21079 |
|  | Korea Ratings Corp. | 531 | 33457 |
|  | Korea Real Estate Investment & Trust Co. Ltd. | 84256 | 62560 |
|  | Korea United Pharm, Inc. | 2941 | 40442 |
|  | Korean Air Lines Co. Ltd. | 50141 | 739221 |
|  | Korean Reinsurance Co. | 52474 | 298702 |
|  | Koryo Credit Information Co. Ltd. | 1407 | 9892 |
|  | KPX Chemical Co. Ltd. | 446 | 14081 |
|  \* | Krafton, Inc. | 3666 | 959766 |
|  | KSS LINE Ltd. | 6720 | 42360 |
|  | KT Corp. (030200 KS) | 2588 | 94573 |
|  | KT Corp. (KT US), Sponsored ADR | 2500 | 48650 |
|  | KT Skylife Co. Ltd. | 11182 | 34875 |
|  | KT&G Corp. | 6422 | 518347 |
|  \*†† | Kuk-il Paper Manufacturing Co. Ltd. | 8527 | 900 |
|  \* | Kumho HT, Inc. | 44811 | 20005 |
|  | Kumho Petrochemical Co. Ltd. | 5349 | 447558 |
|  \* | Kumho Tire Co., Inc. | 35531 | 120261 |
|  | Kwang Dong Pharmaceutical Co. Ltd. | 11146 | 42981 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Kyeryong Construction Industrial Co. Ltd. | 2244 | $40251 |
|  | Kyobo Securities Co. Ltd. | 7541 | 34983 |
|  | Kyongbo Pharmaceutical Co. Ltd. | 127 | 504 |
|  | Kyung Dong Navien Co. Ltd. | 2274 | 116383 |
|  | Kyungdong Pharm Co. Ltd. | 4514 | 18326 |
|  | Kyung-In Synthetic Corp. | 9161 | 20420 |
|  | KZ Precision Corp. | 5214 | 43558 |
|  | L&C Bio Co. Ltd. | 570 | 8902 |
|  \* | L&F Co. Ltd. | 800 | 36435 |
|  \* | LabGenomics Co. Ltd. | 27008 | 40838 |
|  # | Lake Materials Co. Ltd. | 14181 | 127681 |
|  \* | LB Semicon, Inc. | 17234 | 40705 |
|  | Lee Ku Industrial Co. Ltd. | 4760 | 14237 |
|  | LEENO Industrial, Inc. | 12370 | 314155 |
|  | LF Corp. | 5783 | 60506 |
|  | LG Chem Ltd. | 7047 | 1068045 |
|  | LG Corp. | 11026 | 516336 |
|  \* | LG Display Co. Ltd. (034220 KS) | 109430 | 650112 |
|  | LG Electronics, Inc. | 37008 | 1857638 |
|  \* | LG Energy Solution Ltd. | 1156 | 263743 |
|  | LG H&H Co. Ltd. | 2314 | 548282 |
|  \* | LG HelloVision Co. Ltd. | 12252 | 22702 |
|  # | LG Innotek Co. Ltd. | 5346 | 525496 |
|  | LG Uplus Corp. | 79588 | 672008 |
|  # | LIG Nex1 Co. Ltd. | 3197 | 722264 |
|  \* | LigaChem Biosciences, Inc. | 458 | 33752 |
|  \* | LOT Vacuum Co. Ltd. | 3137 | 19314 |
|  | Lotte Chemical Corp. | 4378 | 185713 |
|  | Lotte Chilsung Beverage Co. Ltd. | 1425 | 109964 |
|  | Lotte Corp. | 8079 | 128166 |
|  \* | Lotte Data Communication Co. | 1292 | 17089 |
|  \* | Lotte Energy Materials Corp. | 2126 | 33910 |
|  | LOTTE Fine Chemical Co. Ltd. | 6073 | 148345 |
|  \* | Lotte Non-Life Insurance Co. Ltd. | 18622 | 22564 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Lotte Rental Co. Ltd. | 5434 | $112303 |
|  | Lotte Shopping Co. Ltd. | 2820 | 133818 |
|  \* | Lotte Tour Development Co. Ltd. | 3612 | 27569 |
|  | Lotte Wellfood Co. Ltd. | 981 | 81745 |
|  # | LS Corp. | 6220 | 576229 |
|  | LS Eco Energy Ltd. | 3532 | 79914 |
|  | LS Electric Co. Ltd. | 3890 | 561841 |
|  | LS Marine Solution Co. Ltd. | 2930 | 36843 |
|  \* | LVMC Holdings | 27400 | 33659 |
|  | LX Hausys Ltd. | 2198 | 44598 |
|  | LX Holdings Corp. | 17571 | 80937 |
|  | LX International Corp. | 11331 | 211331 |
|  | LX Semicon Co. Ltd. | 4016 | 152849 |
|  | M.I.Tech Co. Ltd. | 4570 | 25892 |
|  # | Macquarie Korea Infrastructure Fund | 76572 | 617168 |
|  | Macrogen, Inc. | 1886 | 21249 |
|  | Maeil Dairies Co. Ltd. | 1216 | 31534 |
|  | MAKUS, Inc. | 2994 | 21637 |
|  \* | Manyo Co. Ltd. | 2191 | 28409 |
|  | Mcnex Co. Ltd. | 4549 | 76644 |
|  \* | Medipost Co. Ltd. | 5303 | 34227 |
|  | Medytox, Inc. | 383 | 47053 |
|  \* | Meerecompany, Inc. | 1073 | 13638 |
|  | MegaStudy Co. Ltd. | 3852 | 28895 |
|  | MegaStudyEdu Co. Ltd. | 2801 | 94477 |
|  | Meritz Financial Group, Inc. | 17552 | 1533350 |
|  \* | MiCo Ltd. | 14070 | 103030 |
|  \* | Micro Digital Co. Ltd. | 3312 | 22066 |
|  \* | Mirae Asset Life Insurance Co. Ltd. | 15568 | 59482 |
|  | Mirae Asset Securities Co. Ltd. | 60099 | 499565 |
|  | Mirae Asset Venture Investment Co. Ltd. | 5505 | 18788 |
|  | Misto Holdings Corp. | 9250 | 240539 |
|  | Miwon Commercial Co. Ltd. | 486 | 65538 |
|  | Miwon Specialty Chemical Co. Ltd. | 364 | 40619 |
|  | MK Electron Co. Ltd. | 6706 | 35738 |
|  | MNTech Co. Ltd. | 3303 | 18315 |
|  | Modetour Network, Inc. | 3448 | 27247 |
|  \* | MONAYONGPYONG | 11122 | 34661 |
|  | Motrex Co. Ltd. | 5962 | 35963 |
|  | mPlus Corp. | 2590 | 13612 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  \* | MS Autotech Co. Ltd. | 9660 | $15840 |
|  | Muhak Co. Ltd. | 3078 | 15783 |
|  | Myoung Shin Industrial Co. Ltd. | 11186 | 65751 |
|  | Namhae Chemical Corp. | 6477 | 31059 |
|  \* | Namsun Aluminum Co. Ltd. | 32959 | 33025 |
|  | Namuga Co. Ltd. | 3667 | 33254 |
|  | Namyang Dairy Products Co. Ltd. | 1220 | 65306 |
|  \* | Nature & Environment Co. Ltd. | 6226 | 3316 |
|  | Nature Holdings Co. Ltd. | 3144 | 22233 |
|  | NAVER Corp. | 2369 | 333332 |
|  | NCSoft Corp. | 1080 | 111170 |
|  | NeoPharm Co. Ltd. | 3220 | 31150 |
|  | Neosem, Inc. | 3133 | 22035 |
|  \* | Neowiz | 2815 | 46282 |
|  \* | NEPES Corp. | 7008 | 33707 |
|  \* | Neptune Co. | 6362 | 32926 |
|  W | Netmarble Corp. | 6837 | 215064 |
|  | New Power Plasma Co. Ltd. | 9524 | 31034 |
|  \* | Newflex Technology Co. Ltd. | 7227 | 23022 |
|  | Nexen Corp. | 11324 | 37533 |
|  | Nexen Tire Corp. | 11013 | 41833 |
|  | NEXTIN, Inc. | 2385 | 89882 |
|  | NH Investment & Securities Co. Ltd. | 41530 | 448976 |
|  | NHN Corp. | 6412 | 100036 |
|  | NHN KCP Corp. | 8252 | 44716 |
|  | NICE Holdings Co. Ltd. | 8262 | 65406 |
|  | Nice Information & Telecommunication, Inc. | 2572 | 33625 |
|  | NICE Information Service Co. Ltd. | 13197 | 119837 |
|  | Nong Shim Holdings Co. Ltd. | 1008 | 47587 |
|  | NongShim Co. Ltd. | 933 | 264416 |
|  | NOROO Paint & Coatings Co. Ltd. | 2474 | 14454 |
|  | NOVAREX Co. Ltd. | 6399 | 45957 |
|  | NPC | 3679 | 10617 |
|  | OCI Co. Ltd. | 1501 | 58214 |
|  | OCI Holdings Co. Ltd. | 4957 | 225742 |
|  \* | Okins Electronics Co. Ltd. | 3445 | 11861 |
|  | ONEJOON Co. Ltd. | 2100 | 13373 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Oriental Precision & Engineering Co. Ltd. | 5619 | $21821 |
|  | Orion Corp. | 6024 | 522137 |
|  | Orion Holdings Corp. | 9513 | 122555 |
|  | Osang Healthcare Co. Ltd. | 980 | 9515 |
|  \* | OSTEONIC Co. Ltd. | 3282 | 15983 |
|  \* | Osung Advanced Materials Co. Ltd. | 18972 | 18769 |
|  | Otoki Corp. | 569 | 160261 |
|  \* | Paik Kwang Industrial Co. Ltd. | 5256 | 24092 |
|  | Pan Ocean Co. Ltd. | 76988 | 181157 |
|  # | Paradise Co. Ltd. | 16234 | 141426 |
|  # | Park Systems Corp. | 1564 | 222813 |
|  | Partron Co. Ltd. | 14112 | 68187 |
|  \* | Pearl Abyss Corp. | 1230 | 30643 |
|  # | People & Technology, Inc. | 6638 | 189497 |
|  | PHA Co. Ltd. | 1572 | 10946 |
|  | PharmaResearch Co. Ltd. | 2433 | 644426 |
|  \* | PharmGen Science, Inc. | 4553 | 12854 |
|  | Philenergy Co. Ltd. | 325 | 3338 |
|  | PI Advanced Materials Co. Ltd. | 2643 | 30438 |
|  \* | PonyLink Co. Ltd. | 13996 | 10147 |
|  | Poongsan Corp. | 8819 | 368220 |
|  | Poongsan Holdings Corp. | 4549 | 91725 |
|  # | Posco DX Co. Ltd. | 11462 | 197697 |
|  #\* | POSCO Future M Co. Ltd. | 535 | 46970 |
|  | POSCO Holdings, Inc. (005490 KS) | 6377 | 1165415 |
|  # | POSCO Holdings, Inc. (PKX US), Sponsored ADR | 6151 | 280055 |
|  # | Posco International Corp. | 9788 | 337437 |
|  | Posco M-Tech Co. Ltd. | 2526 | 21475 |
|  | POSCO Steeleon Co. Ltd. | 587 | 15575 |
|  \* | Power Logics Co. Ltd. | 8132 | 26494 |
|  | Protec Co. Ltd. | 770 | 12988 |
|  | PSK Holdings, Inc. | 738 | 17988 |
|  | PSK, Inc. | 6364 | 79825 |
|  | Pulmuone Co. Ltd. | 1483 | 15317 |
|  | Pumtech Korea Co. Ltd. | 1795 | 69047 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  \* | Rainbow Robotics | 389 | $73789 |
|  \* | Refine Co. Ltd. | 6082 | 53166 |
|  \* | Reyon Pharmaceutical Co. Ltd. | 2120 | 16950 |
|  | RFHIC Corp. | 3819 | 41507 |
|  \* | RFTech Co. Ltd. | 7456 | 19507 |
|  | Rorze Systems Corp. | 3606 | 37027 |
|  | S&S Tech Corp. | 3445 | 83378 |
|  | S-1 Corp. | 4603 | 205158 |
|  | Sajodaerim Corp. | 1032 | 27624 |
|  | Sam Chun Dang Pharm Co. Ltd. | 703 | 69614 |
|  | Sam Young Electronics Co. Ltd. | 5658 | 42383 |
|  | Sam Yung Trading Co. Ltd. | 3582 | 34405 |
|  | Samchully Co. Ltd. | 406 | 26180 |
|  | Samick THK Co. Ltd. | 1269 | 8759 |
|  \* | Samil Pharmaceutical Co. Ltd. | 2975 | 27366 |
|  | Samji Electronics Co. Ltd. | 1661 | 12243 |
|  | Samjin Pharmaceutical Co. Ltd. | 1687 | 21173 |
|  | Sammok S-Form Co. Ltd. | 1379 | 20402 |
|  | SAMPYO Cement Co. Ltd. | 17261 | 38169 |
|  \*W | Samsung Biologics Co. Ltd. | 859 | 635719 |
|  | Samsung C&T Corp. | 12365 | 1064124 |
|  | Samsung Card Co. Ltd. (029780 KS) | 8923 | 263517 |
|  | Samsung Electro-Mechanics Co. Ltd. | 4508 | 371927 |
|  | Samsung Electronics Co. Ltd. (005930 KS) | 439838 | 17161394 |
|  | Samsung Electronics Co. Ltd. (SMSN LI), GDR | 1949 | 1897817 |
|  | Samsung Engineering Co. Ltd. | 49188 | 665088 |
|  | Samsung Fire & Marine Insurance Co. Ltd. | 3121 | 823406 |
|  \* | Samsung Heavy Industries Co. Ltd. | 35514 | 363862 |
|  | Samsung Life Insurance Co. Ltd. | 9482 | 575724 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  \* | Samsung Pharmaceutical Co. Ltd. | 13829 | $14593 |
|  | Samsung SDI Co. Ltd. | 8015 | 992502 |
|  | Samsung SDS Co. Ltd. | 10488 | 945144 |
|  | Samsung Securities Co. Ltd. | 19618 | 719128 |
|  | SAMT Co. Ltd. | 23178 | 44199 |
|  | Samwha Capacitor Co. Ltd. | 3391 | 59208 |
|  | Samwha Electric Co. Ltd. | 826 | 16318 |
|  | Samyang Corp. | 1345 | 45271 |
|  | Samyang Foods Co. Ltd. | 936 | 638858 |
|  | Samyang Holdings Corp. | 1468 | 63537 |
|  | Samyoung Co. Ltd. | 12236 | 34799 |
|  | Sang-A Frontec Co. Ltd. | 1874 | 20598 |
|  | Sangsin Energy Display Precision Co. Ltd. | 2466 | 13262 |
|  | Saramin Co. Ltd. | 2138 | 23618 |
|  | Satrec Initiative Co. Ltd. | 1059 | 33489 |
|  | SD Biosensor, Inc. | 15730 | 104004 |
|  | SeAH Besteel Holdings Corp. | 5559 | 69972 |
|  | SeAH Steel Corp. | 668 | 83209 |
|  | SeAH Steel Holdings Corp. | 745 | 117821 |
|  | Sebang Co. Ltd. | 4469 | 35878 |
|  | Sebang Global Battery Co. Ltd. | 1731 | 83882 |
|  | Seegene, Inc. | 4681 | 86556 |
|  | Segyung Hitech Co. Ltd. | 9081 | 44962 |
|  | Seobu T&D | 13043 | 52823 |
|  | Seohee Construction Co. Ltd. | 33511 | 40842 |
|  \* | Seojin System Co. Ltd. | 8024 | 115051 |
|  \* | Seoul Auction Co. Ltd. | 956 | 5957 |
|  \* | Seoul Semiconductor Co. Ltd. | 14166 | 66323 |
|  | Seoyon E-Hwa Co. Ltd. | 6608 | 54784 |
|  | SFA Engineering Corp. | 4903 | 70011 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  \* | SFA Semicon Co. Ltd. | 13844 | $29153 |
|  | SGC Energy Co. Ltd. | 3081 | 50507 |
|  | Shin Heung Energy & Electronics Co. Ltd. | 7365 | 21963 |
|  \* | Shin Poong Pharmaceutical Co. Ltd. | 491 | 2613 |
|  | Shindaeyang Paper Co. Ltd. | 3739 | 22487 |
|  | Shinhan Financial Group Co. Ltd. (055550 KS) | 56855 | 2054727 |
|  | Shinil Electronics Co. Ltd. | 11482 | 12489 |
|  | Shinsegae International, Inc. | 5777 | 39881 |
|  | Shinsegae, Inc. | 2313 | 256448 |
|  | Shinsung Delta Tech Co. Ltd. | 1889 | 78834 |
|  \* | Shinsung E&G Co. Ltd. | 27321 | 26263 |
|  \* | Shinyoung Securities Co. Ltd. | 1575 | 98642 |
|  | Showbox Corp. | 13902 | 31773 |
|  \* | Silicon2 Co. Ltd. | 1927 | 48475 |
|  | SIMMTECH Co. Ltd. | 2713 | 30125 |
|  | SIMPAC, Inc. | 9536 | 27292 |
|  | Sindoh Co. Ltd. | 1567 | 47455 |
|  \* | SK Biopharmaceuticals Co. Ltd. | 6413 | 480894 |
|  \* | SK Bioscience Co. Ltd. | 1469 | 40983 |
|  | SK Chemicals Co. Ltd. | 3718 | 104057 |
|  | SK Discovery Co. Ltd. | 4198 | 122848 |
|  \* | SK Eternix Co. Ltd. | 2833 | 33915 |
|  | SK Gas Ltd. | 701 | 118120 |
|  | SK Hynix, Inc. | 40893 | 5102345 |
|  \*W | SK IE Technology Co. Ltd. | 5488 | 86457 |
|  | SK Innovation Co. Ltd. | 4650 | 308858 |
|  \* | SK oceanplant Co. Ltd. | 3193 | 33630 |
|  | SK Securities Co. Ltd. | 149339 | 50765 |
|  | SK Telecom Co. Ltd. (017670 KS) | 5862 | 223968 |
|  | SK, Inc. | 4923 | 458160 |
|  \* | SKC Co. Ltd. | 837 | 60046 |
|  | SL Corp. | 4750 | 109698 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | SM Entertainment Co. Ltd. | 1606 | $139644 |
|  \* | SMEC Co. Ltd. | 14477 | 27529 |
|  | SNT Dynamics Co. Ltd. | 5786 | 134970 |
|  | SNT Holdings Co. Ltd. | 2300 | 53683 |
|  | SNT Motiv Co. Ltd. | 3764 | 73054 |
|  \* | SOCAR, Inc. | 2283 | 23273 |
|  | S-Oil Corp. | 10514 | 384033 |
|  | Solid, Inc. | 20716 | 103940 |
|  \* | SOLUM Co. Ltd. | 15572 | 180219 |
|  | Solus Advanced Materials Co. Ltd. | 6404 | 38460 |
|  | Songwon Industrial Co. Ltd. | 5765 | 46334 |
|  | Soop Co. Ltd. | 2716 | 156709 |
|  | Soosan Industries Co. Ltd. | 2080 | 29068 |
|  | Soulbrain Co. Ltd. | 1318 | 160576 |
|  | Soulbrain Holdings Co. Ltd. | 1494 | 32785 |
|  | SPC Samlip Co. Ltd. | 601 | 26817 |
|  | SPG Co. Ltd. | 1751 | 30808 |
|  | ST Pharm Co. Ltd. | 1108 | 61508 |
|  | STIC Investments, Inc. | 8272 | 57614 |
|  | Straffic Co. Ltd. | 6956 | 19294 |
|  \* | Studio Dragon Corp. | 3947 | 142240 |
|  \* | STX Engine Co. Ltd. | 1511 | 25515 |
|  \* | Sukgyung AT Co. Ltd. | 288 | 10002 |
|  | Sung Kwang Bend Co. Ltd. | 6054 | 115994 |
|  \* | Sungeel Hitech Co. Ltd. | 326 | 7720 |
|  | Sungshin Cement Co. Ltd. | 6391 | 41371 |
|  | Sungwoo Hitech Co. Ltd. | 18816 | 73750 |
|  \* | Suprema, Inc. | 1173 | 26762 |
|  \* | SY Co. Ltd. | 8899 | 23295 |
|  \* | Synergy Innovation Co. Ltd. | 8459 | 17091 |
|  #\* | Synopex, Inc. | 35877 | 159938 |
|  | Systems Technology, Inc. | 920 | 12898 |
|  | T&L Co. Ltd. | 1411 | 71534 |
|  | Taekwang Industrial Co. Ltd. | 109 | 58052 |
|  \* | Taesung Co. Ltd. | 1028 | 14901 |
|  \* | Taewoong Co. Ltd. | 3630 | 38386 |
|  \* | Taihan Electric Wire Co. Ltd. | 6549 | 53649 |
|  | TCC Steel | 536 | 7529 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | TechWing, Inc. | 2638 | $63384 |
|  | Telechips, Inc. | 3287 | 31313 |
|  | TES Co. Ltd. | 2411 | 34158 |
|  \* | Theragen Etex Co. Ltd. | 6072 | 12848 |
|  | TK Corp. | 2656 | 39310 |
|  | TKG Huchems Co. Ltd. | 5645 | 63831 |
|  | TLB Co. Ltd. | 1781 | 21500 |
|  | Tokai Carbon Korea Co. Ltd. | 1792 | 107850 |
|  \* | Tongyang Life Insurance Co. Ltd. | 15197 | 65339 |
|  \* | Tongyang, Inc. | 65030 | 26776 |
|  | Tonymoly Co. Ltd. | 3726 | 23691 |
|  | Toptec Co. Ltd. | 7951 | 23091 |
|  | Tovis Co. Ltd. | 3832 | 42577 |
|  | TS Corp. | 24800 | 59337 |
|  | TSE Co. Ltd. | 777 | 22358 |
|  \* | Tuksu Construction Co. Ltd. | 2985 | 17155 |
|  \* | Tway Air Co. Ltd. | 30151 | 45042 |
|  | TYM Corp. | 14189 | 44816 |
|  | UBCare Co. Ltd. | 3040 | 8076 |
|  | Uju Electronics Co. Ltd. | 1734 | 33432 |
|  \* | Uni-Chem Co. Ltd. | 14391 | 16589 |
|  | Unid Co. Ltd. | 1619 | 100027 |
|  | Union Semiconductor Equipment & Materials Co. Ltd. | 6126 | 25525 |
|  \* | Unison Co. Ltd. | 10975 | 9234 |
|  \* | UniTest, Inc. | 3363 | 23367 |
|  | Unitrontech Co. Ltd. | 5684 | 23459 |
|  | Value Added Technology Co. Ltd. | 2552 | 36440 |
|  | VICTEK Co. Ltd. | 3660 | 10538 |
|  \*†† | Vidente Co. Ltd. | 10155 | 4451 |
|  | Vieworks Co. Ltd. | 1617 | 27915 |
|  \* | Vina Tech Co. Ltd. | 641 | 11296 |
|  | VIOL Co. Ltd. | 12553 | 74138 |
|  | Vitzro Tech Co. Ltd. | 5265 | 28891 |
|  | Vitzrocell Co. Ltd. | 4987 | 83781 |
|  \* | VM, Inc. | 1417 | 11578 |
|  \* | VT Co. Ltd. | 8052 | 216343 |
|  | Webzen, Inc. | 3574 | 34665 |
|  \*†† | Wellbiotec Co. Ltd. | 1524 | 219 |
|  \* | Wemade Co. Ltd. | 585 | 11805 |
|  | Whanin Pharmaceutical Co. Ltd. | 3091 | 25498 |
|  | WiSoL Co. Ltd. | 7257 | 34946 |
|  | Won Tech Co. Ltd. | 13993 | 80901 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  \* | Wonik Holdings Co. Ltd. | 12263 | $35726 |
|  | WONIK IPS Co. Ltd. | 3583 | 57077 |
|  | Wonik Materials Co. Ltd. | 2336 | 33189 |
|  | Wonik QnC Corp. | 5520 | 65977 |
|  | Woojin, Inc. | 3421 | 19389 |
|  | Woongjin Thinkbig Co. Ltd. | 5744 | 6863 |
|  \* | Wooree Bio Co. Ltd. | 9625 | 15353 |
|  | Woori Financial Group, Inc.<br>(316140 KS) | 181312 | 2257798 |
|  \* | Woori Technology Investment Co. Ltd. | 15696 | 73057 |
|  \* | Woori Technology, Inc. | 18484 | 26134 |
|  \* | Woosu AMS Co. Ltd. | 14904 | 32329 |
|  | Worldex Industry & Trading Co. Ltd. | 3860 | 47432 |
|  \* | Wysiwyg Studios Co. Ltd. | 34187 | 30545 |
|  | Xexymix Corp. | 5891 | 25235 |
|  | YG Entertainment, Inc. | 2038 | 96216 |
|  \* | YG PLUS | 10461 | 40287 |
|  \* | YMT Co. Ltd. | 1675 | 10639 |
|  | Youlchon Chemical Co. Ltd. | 974 | 19144 |
|  | Young Poong Corp. | 1930 | 50412 |
|  | Youngone Corp. | 6842 | 228149 |
|  | Youngone Holdings Co. Ltd. | 1902 | 128037 |
|  | Yuanta Securities Korea Co. Ltd. | 36476 | 75929 |
|  | Yuhan Corp. | 1842 | 147574 |
|  \* | Yungjin Pharmaceutical Co. Ltd. | 5170 | 7403 |
|  | Zeus Co. Ltd. | 3673 | 33424 |
|  | Zinus, Inc. | 3482 | 42715 |
|  TOTAL SOUTH KOREA | TOTAL SOUTH KOREA |  | 131022944 |
|  SPAIN — (1.9%) | SPAIN — (1.9%) |  |  |
|  | Acciona SA | 8528 | 1242728 |
|  | Acerinox SA | 80780 | 912917 |
|  | ACS Actividades de Construccion y Servicios SA | 59580 | 3732975 |
|  W | Aedas Homes SA | 3787 | 122218 |
|  #W | Aena SME SA | 9390 | 2358917 |
|  | Alantra Partners SA | 1432 | 14215 |
|  | Almirall SA | 17301 | 191968 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SPAIN — (Continued) | SPAIN — (Continued) |  |  |
|  | Amadeus IT Group SA | 57147 | $4498212 |
|  \* | Amper SA | 307545 | 50582 |
|  | AmRest Holdings SE | 23304 | 109119 |
|  | Atresmedia Corp. de Medios de Comunicacion SA | 25772 | 162696 |
|  | Audax Renovables SA | 45706 | 78514 |
|  | Azkoyen SA | 5948 | 51427 |
|  | Banco Bilbao Vizcaya Argentaria SA (BBVA SM) | 825678 | 11331633 |
|  | Banco Bilbao Vizcaya Argentaria SA (BBVA US), Sponsored ADR | 21569 | 295495 |
|  | Banco de Sabadell SA | 2217543 | 6470310 |
|  # | Banco Santander SA (SAN SM) | 902266 | 6352731 |
|  \* | Banco Santander SA (SAN\* MM) | 117268 | 807279 |
|  # | Bankinter SA | 267101 | 3111443 |
|  # | CaixaBank SA | 460506 | 3529413 |
|  W | Cellnex Telecom SA | 35702 | 1444837 |
|  | CIE Automotive SA | 13958 | 368990 |
|  | Construcciones y Auxiliar de<br>Ferrocarriles SA | 6236 | 304803 |
|  # | Corp. ACCIONA Energias Renovables SA | 6043 | 112963 |
|  \* | Distribuidora Internacional de Alimentacion SA | 1843 | 47609 |
|  # | Ebro Foods SA | 11762 | 229739 |
|  # | EDP Renovaveis SA | 50660 | 474418 |
|  \* | eDreams ODIGEO SA | 11566 | 96745 |
|  | Elecnor SA | 14743 | 316068 |
|  | Enagas SA | 46845 | 730400 |
|  | Ence Energia y Celulosa SA | 48325 | 155841 |
|  | Endesa SA | 42831 | 1286325 |
|  | Ercros SA | 51076 | 172876 |
|  | Faes Farma SA | 95708 | 464721 |
|  | Fluidra SA | 15707 | 363642 |
|  W | Gestamp Automocion SA | 64750 | 193418 |
|  W | Global Dominion Access SA | 32070 | 105918 |
|  \* | Grenergy Renovables SA | 1407 | 80829 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SPAIN — (Continued) | SPAIN — (Continued) |  |  |
|  \* | Grifols SA | 65221 | $617553 |
|  | Grupo Catalana Occidente SA | 12918 | 719438 |
|  | Grupo Empresarial San Jose SA | 5388 | 35359 |
|  | Iberdrola SA | 171484 | 3091144 |
|  | Indra Sistemas SA | 57643 | 1837902 |
|  # | Industria de Diseno Textil SA | 79731 | 4287533 |
|  | Laboratorio Reig Jofre SA | 2585 | 8539 |
|  | Laboratorios Farmaceuticos Rovi SA | 6592 | 386455 |
|  | Linea Directa Aseguradora SA Cia de Seguros y Reaseguros | 47410 | 68867 |
|  | Logista Integral SA | 24479 | 836895 |
|  | Mapfre SA | 324382 | 1154800 |
|  | Melia Hotels International SA | 27392 | 198845 |
|  | Miquel y Costas & Miquel SA | 8269 | 126395 |
|  # | Naturgy Energy Group SA | 25894 | 771435 |
|  W | Neinor Homes SA | 6949 | 120965 |
|  \* | Obrascon Huarte Lain SA | 118232 | 41529 |
|  #\* | Oryzon Genomics SA | 8509 | 25488 |
|  | Pharma Mar SA | 1111 | 94114 |
|  | Prim SA | 1285 | 14897 |
|  \* | Promotora de Informaciones SA,<br>Class A | 69984 | 31479 |
|  W | Prosegur Cash SA | 77104 | 67087 |
|  | Realia Business SA | 35327 | 36069 |
|  | Redeia Corp. SA | 61860 | 1297222 |
|  | Repsol SA (REP SM) | 290863 | 3555412 |
|  | Sacyr SA | 178936 | 656361 |
|  \* | Solaria Energia y Medio Ambiente SA | 21338 | 160836 |
|  \*W | Talgo SA | 17400 | 63068 |
|  \* | Tecnicas Reunidas SA | 15753 | 264385 |
|  # | Telefonica SA (TEF SM) | 1059154 | 5441133 |
|  | Telefonica SA (TEF US),<br>Sponsored ADR | 31697 | 161972 |
|  | Tubacex SA | 43844 | 180814 |
|  \* | Tubos Reunidos SA | 19513 | 12771 |
|  #W | Unicaja Banco SA | 445187 | 848548 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SPAIN — (Continued) | SPAIN — (Continued) |  |  |
|  | Vidrala SA | 8122 | $885282 |
|  | Viscofan SA | 16067 | 1159097 |
|  TOTAL SPAIN | TOTAL SPAIN |  | 81634623 |
|  SWEDEN — (1.9%) | SWEDEN — (1.9%) |  |  |
|  | AAK AB | 13640 | 356711 |
|  W | AcadeMedia AB | 33500 | 275661 |
|  # | AddLife AB, Class B | 28328 | 537582 |
|  # | Addnode Group AB | 31265 | 269166 |
|  | AddTech AB, Class B | 28906 | 972468 |
|  | AFRY AB | 34451 | 596844 |
|  | Alfa Laval AB | 22740 | 943160 |
|  W | Alimak Group AB | 24710 | 312743 |
|  # | Alleima AB | 89889 | 706738 |
|  | Alligo AB, Class B | 10505 | 119947 |
|  W | Ambea AB | 39862 | 481555 |
|  \* | Annehem Fastigheter AB, Class B | 23136 | 37798 |
|  | AQ Group AB | 14511 | 233504 |
|  | Arise AB | 10752 | 38390 |
|  | Arjo AB, Class B | 94147 | 315398 |
|  \* | Asmodee Group AB, Class B | 9453 | 104159 |
|  | Assa Abloy AB, Class B | 25713 | 780492 |
|  # | Atlas Copco AB (ATCOA SS), Class A | 180663 | 2796428 |
|  | Atlas Copco AB (ATCOB SS), Class B | 100484 | 1395293 |
|  # | Atrium Ljungberg AB, Class B | 54145 | 191723 |
|  W | Attendo AB | 43233 | 294305 |
|  # | Avanza Bank Holding AB | 22717 | 754890 |
|  # | Axfood AB | 17325 | 484344 |
|  | Beijer Alma AB | 12926 | 268884 |
|  # | Beijer Ref AB | 12176 | 185725 |
|  | Bergman & Beving AB | 11723 | 355912 |
|  | Betsson AB, Class B | 52606 | 920030 |
|  \* | BHG Group AB | 23795 | 56860 |
|  #\* | BICO Group AB | 6048 | 21620 |
|  | Bilia AB, Class A | 26527 | 331995 |
|  | Billerud Aktiebolag | 53104 | 560355 |
|  | BioGaia AB, Class B | 19554 | 208158 |
|  \* | BioInvent International AB | 5678 | 18436 |
|  | Biotage AB | 11611 | 169022 |
|  | Bjorn Borg AB | 5162 | 30449 |
|  \* | Boliden AB | 41979 | 1286238 |
|  \* | Bonava AB, Class B | 68446 | 91145 |
|  \*W | Boozt AB | 6801 | 59297 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) |  |  |
|  W | Bravida Holding AB | 66165 | $630474 |
|  | Bufab AB | 6591 | 272425 |
|  | Bulten AB | 5345 | 32643 |
|  | Bure Equity AB | 25410 | 856135 |
|  | Byggmax Group AB | 23427 | 115696 |
|  \* | Camurus AB | 2918 | 187531 |
|  \* | Carasent AB | 3685 | 9420 |
|  \* | Castellum AB | 31041 | 377775 |
|  | Catella AB | 11938 | 36541 |
|  | Catena AB | 5960 | 280575 |
|  | Cellavision AB | 4212 | 87810 |
|  | Cibus Nordic Real Estate AB publ | 13488 | 233440 |
|  #\* | Cint Group AB | 77596 | 58543 |
|  | Clas Ohlson AB, Class B | 15766 | 446620 |
|  | Cloetta AB, Class B | 70892 | 206239 |
|  #W | Coor Service Management Holding AB | 26480 | 106656 |
|  # | Corem Property Group AB (COREB SS), Class B | 80848 | 40884 |
|  | Corem Property Group AB (CORED SS), Class D | 2165 | 46657 |
|  \* | C-RAD AB | 3079 | 9553 |
|  \* | Ctek AB | 6691 | 8645 |
|  | CTT Systems AB | 2479 | 52336 |
|  | Dios Fastigheter AB | 25492 | 177023 |
|  W | Dometic Group AB | 102537 | 369671 |
|  #\*W | Dustin Group AB | 65556 | 23217 |
|  \* | Dynavox Group AB | 15497 | 140318 |
|  | Eastnine AB | 25612 | 118986 |
|  | Elanders AB, Class B | 6126 | 34104 |
|  \* | Electrolux AB, Class B | 73375 | 458075 |
|  # | Electrolux Professional AB, Class B | 61030 | 353613 |
|  | Elekta AB, Class B | 94463 | 481017 |
|  #\* | Embracer Group AB | 9453 | 119295 |
|  | Enad Global 7 AB | 6684 | 8266 |
|  \* | Enea AB | 5780 | 39542 |
|  | Engcon AB | 7932 | 75995 |
|  | Eolus Vind AB, Class B | 4740 | 22847 |
|  | Ependion AB | 9101 | 108822 |
|  | Epiroc AB (EPIA SS), Class A | 49725 | 1075786 |
|  | Epiroc AB (EPIB SS), Class B | 29749 | 583424 |
|  | Essity AB (ESSITYA SS), Class A | 2308 | 66323 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) |  |  |
|  | Essity AB (ESSITYB SS), Class B | 46339 | $1340079 |
|  #W | Evolution AB | 12494 | 865517 |
|  | Ework Group AB | 2805 | 42318 |
|  # | Fabege AB | 31655 | 270422 |
|  # | Fagerhult Group AB | 15139 | 65429 |
|  \* | Fastighets AB Balder, Class B | 51845 | 372685 |
|  \* | Fastighets AB Trianon | 11978 | 24001 |
|  \* | Fastighetsbolaget Emilshus AB, Class B | 1004 | 4751 |
|  | FastPartner AB (FPARA SS), Class A | 12373 | 72702 |
|  | FastPartner AB (FPARD SS), Class D | 1512 | 11050 |
|  | Fortnox AB | 109168 | 988508 |
|  | G5 Entertainment AB | 1825 | 24614 |
|  # | Getinge AB, Class B | 30311 | 585821 |
|  | Granges AB | 39772 | 496778 |
|  \*W | Green Landscaping Group AB | 5224 | 32456 |
|  # | H & MHennes & Mauritz AB, Class B | 41894 | 607068 |
|  | Hanza AB | 10233 | 75806 |
|  | Heba Fastighets AB, Class B | 12948 | 39112 |
|  | Hemnet Group AB | 25257 | 866965 |
|  | Hexagon AB, Class B | 78641 | 765378 |
|  #\* | Hexatronic Group AB | 58611 | 155094 |
|  # | Hexpol AB | 69885 | 607683 |
|  #\* | HMS Networks AB | 9311 | 417357 |
|  \*W | Hoist Finance AB | 14551 | 130629 |
|  | Holmen AB (HOLMB SS), Class B | 13019 | 514758 |
|  | Hufvudstaden AB, Class A | 16447 | 200257 |
|  \* | Humana AB | 15563 | 65805 |
|  | Husqvarna AB (HUSQA SS), Class A | 4692 | 21815 |
|  # | Husqvarna AB (HUSQB SS), Class B | 86329 | 401538 |
|  | Indutrade AB | 24134 | 652913 |
|  # | Instalco AB | 75246 | 208621 |
|  | INVISIO AB | 8043 | 323253 |
|  | Inwido AB | 26224 | 555757 |
|  | ITAB Shop Concept AB | 21477 | 56494 |
|  | JM AB | 22732 | 362660 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) |  |  |
|  \* | John Mattson Fastighetsforetagen AB | 4685 | $29747 |
|  \* | Karnov Group AB | 20085 | 188520 |
|  #\* | K-fast Holding AB | 34295 | 44496 |
|  \* | Klarabo Sverige AB, Class B | 17016 | 28539 |
|  # | KNOW IT AB | 9982 | 149148 |
|  | Lagercrantz Group AB, Class B | 47909 | 1091645 |
|  # | Lifco AB, Class B | 12938 | 500891 |
|  # | Lime Technologies AB | 3930 | 158641 |
|  | Lindab International AB | 27909 | 586778 |
|  | Loomis AB | 26003 | 1082282 |
|  \* | Maha Energy AB | 4322 | 1798 |
|  #\* | Medcap AB | 3268 | 147419 |
|  | Medicover AB, Class B | 18367 | 458334 |
|  | MEKO AB | 14855 | 195050 |
|  | Micro Systemation AB, Class B | 5052 | 25829 |
|  # | MIPS AB | 2885 | 101683 |
|  \* | Modern Times Group MTG AB, Class B | 28759 | 344566 |
|  | Momentum Group AB | 11799 | 194822 |
|  W | Munters Group AB | 31884 | 408061 |
|  | Mycronic AB | 18519 | 739482 |
|  # | NCAB Group AB | 41991 | 185050 |
|  | NCC AB, Class B | 29665 | 552287 |
|  | Nederman Holding AB | 2314 | 40377 |
|  \* | Net Insight AB, Class B | 74509 | 22559 |
|  | New Wave Group AB, Class B | 46314 | 566737 |
|  # | Nibe Industrier AB, Class B | 32148 | 137092 |
|  | Nilorngruppen AB, Class B | 2755 | 16902 |
|  \* | Nivika Fastigheter AB, Class B | 8076 | 33477 |
|  #\* | Nobia AB | 115904 | 40000 |
|  | Nolato AB, Class B | 69620 | 391160 |
|  | Nordnet AB publ | 27399 | 725312 |
|  \* | Norion Bank AB | 21791 | 88708 |
|  \* | Norva24 Group AB | 8692 | 32560 |
|  | Note AB | 5347 | 88955 |
|  | NP3 Fastigheter AB | 8033 | 209322 |
|  \* | Nyfosa AB | 37089 | 348152 |
|  | OEM International AB, Class B | 17660 | 252757 |
|  #\* | Orron Energy AB | 75740 | 37789 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) |  |  |
|  \* | Ovzon AB | 22398 | $58171 |
|  | Pandox AB | 28788 | 482021 |
|  | Peab AB, Class B | 64301 | 534861 |
|  | Platzer Fastigheter Holding AB, Class B | 15074 | 118463 |
|  | Prevas AB, Class B | 3290 | 33243 |
|  \* | Pricer AB, Class B | 61892 | 37615 |
|  # | Proact IT Group AB | 15437 | 184666 |
|  | Ratos AB, Class B | 77071 | 263027 |
|  | RaySearch Laboratories AB | 10869 | 294302 |
|  | Rejlers AB | 4668 | 86643 |
|  \* | Rottneros AB | 37562 | 23356 |
|  | Rvrc Holding AB | 22271 | 115562 |
|  | Saab AB, Class B | 5220 | 243067 |
|  # | Sagax AB (SAGAB SS), Class B | 17309 | 393421 |
|  # | Sandvik AB | 72230 | 1491147 |
|  | Scandi Standard AB | 21297 | 194045 |
|  W | Scandic Hotels Group AB | 70844 | 551396 |
|  \* | Sdiptech AB, Class B | 8724 | 195378 |
|  | Sectra AB, Class B | 34321 | 1052992 |
|  # | Securitas AB, Class B | 66906 | 1060243 |
|  \* | Sedana Medical AB | 19405 | 20474 |
|  \* | Sensys Gatso Group AB | 4148 | 18269 |
|  \*W | Sinch AB | 241126 | 560563 |
|  | SinterCast AB | 992 | 10726 |
|  | Skandinaviska Enskilda Banken AB (SEBA SS), Class A | 141257 | 2241420 |
|  | Skandinaviska Enskilda Banken AB (SEBC SS), Class C | 1726 | 29208 |
|  | Skanska AB, Class B | 45055 | 1046926 |
|  | SKF AB (SKFA SS), Class A | 3007 | 59667 |
|  | SKF AB (SKFB SS), Class B | 54642 | 1071058 |
|  | SkiStar AB | 15716 | 272187 |
|  | Solid Forsakring AB | 5351 | 42733 |
|  | SSAB AB (SSABA SS), Class A | 49641 | 313673 |
|  | SSAB AB (SSABAH FH), Class A | 2266 | 14168 |
|  # | SSAB AB (SSABB SS), Class B | 134610 | 836721 |
|  | SSAB AB (SSABBH FH), Class B | 12844 | 79856 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) |  |  |
|  \* | Stendorren Fastigheter AB | 3083 | $65763 |
|  \* | Stillfront Group AB | 166156 | 85187 |
|  | Storskogen Group AB, Class B | 489739 | 645244 |
|  | Svedbergs Group AB | 9684 | 50568 |
|  | Svenska Cellulosa AB SCA (SCAA SS), Class A | 3121 | 40179 |
|  | Svenska Cellulosa AB SCA (SCAB SS), Class B | 78467 | 1014621 |
|  | Svenska Handelsbanken AB (SHBA SS), Class A | 74650 | 977154 |
|  # | Svenska Handelsbanken AB (SHBB SS), Class B | 1473 | 28950 |
|  | Sweco AB, Class B | 42660 | 750472 |
|  | Swedbank AB, Class A | 63812 | 1592993 |
|  \* | Swedish Logistic Property AB, Class B | 6467 | 26407 |
|  \* | Swedish Orphan Biovitrum AB | 7328 | 222879 |
|  | Synsam AB | 29960 | 152440 |
|  | Systemair AB | 26063 | 223193 |
|  | Tele2 AB, Class B | 98298 | 1450297 |
|  # | Telefonaktiebolaget LM Ericsson (ERICA SS), Class A | 9881 | 82756 |
|  | Telefonaktiebolaget LM Ericsson (ERICB SS), Class B | 380654 | 3215529 |
|  | Telia Co. AB | 444781 | 1670806 |
|  \* | TF Bank AB | 2793 | 102761 |
|  W | Thule Group AB | 11461 | 261241 |
|  | Trelleborg AB, Class B | 28963 | 998693 |
|  | Troax Group AB | 14558 | 201758 |
|  | Truecaller AB, Class B | 54639 | 411184 |
|  | VBG Group AB, Class B | 7725 | 216249 |
|  \* | Vestum AB | 30839 | 33056 |
|  #\* | Viaplay Group AB | 147624 | 8487 |
|  | Vitec Software Group AB, Class B | 8032 | 366990 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) |  |  |
|  | Vitrolife AB | 17865 | $290773 |
|  | Volati AB | 4814 | 59296 |
|  | Volvo AB (VOLVA SS), Class A | 26966 | 735537 |
|  | Volvo AB (VOLVB SS), Class B | 208445 | 5666269 |
|  #\* | Volvo Car AB, Class B | 121943 | 208002 |
|  # | Wallenstam AB, Class B | 53598 | 265007 |
|  # | Wihlborgs Fastigheter AB | 43452 | 450700 |
|  | XANO Industri AB, Class B | 1575 | 6994 |
|  #\* | XSpray Pharma AB | 2239 | 8083 |
|  TOTAL SWEDEN | TOTAL SWEDEN |  | 85007154 |
|  SWITZERLAND — (5.4%) | SWITZERLAND — (5.4%) |  |  |
|  | ABB Ltd. | 108400 | 5724685 |
|  | Accelleron Industries AG (ACLN SW) | 37593 | 2018153 |
|  # | Adecco Group AG | 52144 | 1357110 |
|  # | Alcon AG | 71822 | 7010584 |
|  | Allreal Holding AG | 6223 | 1371176 |
|  | ALSO Holding AG | 1760 | 537514 |
|  | APG SGA SA | 441 | 118984 |
|  # | Arbonia AG | 21920 | 166344 |
|  \* | Aryzta AG | 333720 | 837024 |
|  | Ascom Holding AG | 11095 | 43515 |
|  | Autoneum Holding AG | 1032 | 154667 |
|  | Avolta AG | 31142 | 1419071 |
|  | Baloise Holding AG | 15489 | 3445876 |
|  | Banque Cantonale de Geneve | 767 | 229825 |
|  # | Banque Cantonale Vaudoise | 9755 | 1200622 |
|  # | Barry Callebaut AG | 517 | 463498 |
|  | Belimo Holding AG | 1187 | 1008548 |
|  | Bell Food Group AG | 800 | 257391 |
|  | Bellevue Group AG | 2041 | 21238 |
|  | Berner Kantonalbank AG | 2023 | 622190 |
|  | BKW AG | 3991 | 800145 |
|  # | Bossard Holding AG, Class A | 2709 | 590751 |
|  # | Bucher Industries AG | 2792 | 1205932 |
|  | Burckhardt Compression Holding AG | 1203 | 817908 |
|  | Burkhalter Holding AG | 2319 | 344979 |
|  | Bystronic AG | 552 | 168515 |
|  # | Calida Holding AG | 469 | 9030 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |  |  |
|  | Carlo Gavazzi Holding AG | 167 | $39357 |
|  \* | Cavotec SA | 12443 | 19592 |
|  | Cembra Money Bank AG | 11681 | 1409999 |
|  | Chocoladefabriken Lindt & Spruengli AG | 9 | 1274783 |
|  \* | Cicor Technologies Ltd. | 1175 | 158448 |
|  | Cie Financiere Richemont SA, Class A | 33209 | 5868203 |
|  | Cie Financiere Tradition SA | 1048 | 277140 |
|  | Clariant AG | 73037 | 817505 |
|  | Coca-Cola HBC AG | 19150 | 997212 |
|  # | Coltene Holding AG | 1259 | 95507 |
|  | CPH Group AG | 347 | 27846 |
|  | Daetwyler Holding AG | 1987 | 286904 |
|  | DKSH Holding AG | 14115 | 1039844 |
|  | dormakaba Holding AG | 1088 | 917790 |
|  | DSM-Firmenich AG | 14338 | 1557582 |
|  | EDAG Engineering Group AG | 2591 | 19324 |
|  | EFG International AG | 45706 | 691455 |
|  | Emmi AG | 776 | 763325 |
|  | EMS-Chemie Holding AG | 735 | 541916 |
|  #\* | Feintool International Holding AG | 1631 | 21961 |
|  | Fenix Outdoor International AG | 1057 | 66657 |
|  | Flughafen Zurich AG | 8360 | 2106575 |
|  | Forbo Holding AG | 364 | 349241 |
|  | Fundamenta Real Estate AG | 4475 | 92388 |
|  W | Galenica AG | 21300 | 2231018 |
|  | Geberit AG | 6209 | 4301100 |
|  # | Georg Fischer AG | 24956 | 1804436 |
|  | Givaudan SA | 477 | 2301219 |
|  | Glarner Kantonalbank | 1297 | 34624 |
|  #\* | Gurit Holding AG, Class BR | 1515 | 23851 |
|  | Helvetia Holding AG | 14537 | 3206826 |
|  | Hiag Immobilien Holding AG | 977 | 118407 |
|  | Holcim AG (HOLN FP) | 6741 | 748138 |
|  | Holcim AG (HOLN SW) | 63567 | 7103478 |
|  | Huber & Suhner AG | 6475 | 569755 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |  |  |
|  | Hypothekarbank Lenzburg AG | 3 | $14604 |
|  | Implenia AG | 3093 | 174932 |
|  | Inficon Holding AG | 6990 | 741694 |
|  | Interroll Holding AG | 169 | 370892 |
|  | Intershop Holding AG | 1435 | 235449 |
|  | Investis Holding SA | 981 | 144474 |
|  | Julius Baer Group Ltd. | 42427 | 2751308 |
|  | Jungfraubahn Holding AG | 1642 | 394935 |
|  | Kardex Holding AG | 1807 | 455225 |
|  \* | Komax Holding AG | 684 | 85097 |
|  #\* | Kudelski SA | 13192 | 19242 |
|  | Kuehne & Nagel International AG | 6171 | 1421163 |
|  | Landis & Gyr Group AG | 7382 | 474789 |
|  | LEM Holding SA | 71 | 59248 |
|  # | Logitech International SA (LOGI US) | 15276 | 1151658 |
|  | Logitech International SA (LOGN SW) | 1150 | 87389 |
|  | Lonza Group AG | 7196 | 5170392 |
|  | Luzerner Kantonalbank AG | 6892 | 582629 |
|  W | Medacta Group SA | 1181 | 191722 |
|  #W | Medmix AG | 9173 | 114774 |
|  # | Meier Tobler Group AG | 1836 | 77205 |
|  | Metall Zug AG, Class B | 79 | 98468 |
|  | Mikron Holding AG | 3910 | 75918 |
|  # | Mobilezone Holding AG | 14545 | 199943 |
|  | Mobimo Holding AG | 2861 | 1105037 |
|  \* | Molecular Partners AG | 3503 | 13942 |
|  \*W | Montana Aerospace AG | 7478 | 149341 |
|  | Multitude PLC | 915 | 6088 |
|  | Naturenergie Holding AG | 1434 | 56272 |
|  | Nestle SA | 216077 | 22998671 |
|  | Novartis AG (NOVN SW) | 88289 | 10069997 |
|  # | Novartis AG (NVS US), Sponsored ADR | 159651 | 18118792 |
|  | Novavest Real Estate AG | 1587 | 71890 |
|  | OC Oerlikon Corp. AG Pfaffikon | 64866 | 275171 |
|  # | Orior AG | 2610 | 59100 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |  |  |
|  | Partners Group Holding AG | 2945 | $3858749 |
|  | Phoenix Mecano AG | 286 | 147290 |
|  | Plazza AG, Class A | 241 | 104444 |
|  \*W | PolyPeptide Group AG | 3457 | 80102 |
|  | PSP Swiss Property AG | 10900 | 1940969 |
|  # | Rieter Holding AG | 1113 | 94818 |
|  | Roche Holding AG (RO SW) | 2458 | 855081 |
|  | Roche Holding AG (ROG SW) | 52911 | 17301175 |
|  | Romande Energie Holding SA | 2262 | 117535 |
|  | Sandoz Group AG (SDZ SW) | 112680 | 4887449 |
|  | Sandoz Group AG (SDZNY US), ADR | 11882 | 515441 |
|  \* | Santhera Pharmaceuticals Holding AG | 2341 | 41245 |
|  | Schindler Holding AG | 1940 | 687815 |
|  | Schweiter Technologies AG | 201 | 92628 |
|  # | Schweizerische Nationalbank | 18 | 71703 |
|  # | SFS Group AG | 6263 | 846605 |
|  | SGS SA | 30625 | 2990873 |
|  | Siegfried Holding AG | 15790 | 1879903 |
|  | SIG Group AG | 102053 | 1968597 |
|  | Sika AG | 14671 | 3666394 |
|  | SKAN Group AG | 913 | 74819 |
|  | Softwareone Holding AG | 21451 | 148488 |
|  | Sonova Holding AG | 5535 | 1701536 |
|  | St. Galler Kantonalbank AG | 1088 | 655422 |
|  # | Stadler Rail AG | 12968 | 342057 |
|  | Straumann Holding AG | 6598 | 804539 |
|  | Sulzer AG | 7639 | 1292979 |
|  # | Swatch Group AG (UHR SW) | 6347 | 1101472 |
|  # | Swatch Group AG (UHRN SW) | 11541 | 401108 |
|  | Swiss Life Holding AG | 4659 | 4651824 |
|  | Swiss Prime Site AG | 27976 | 3944784 |
|  | Swiss Re AG | 47666 | 8556248 |
|  | Swisscom AG | 4986 | 3325079 |
|  | Swissquote Group Holding SA | 4529 | 2337855 |
|  | Tecan Group AG | 616 | 119972 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |  |  |
|  | Temenos AG | 15937 | $1141573 |
|  | Thurgauer Kantonalbank | 389 | 68348 |
|  \* | Trifork Group AG | 809 | 11488 |
|  | TX Group AG | 1242 | 279410 |
|  | u-blox Holding AG | 2519 | 255319 |
|  | UBS Group AG (UBS US) | 7117 | 215134 |
|  | UBS Group AG (UBSG SW) | 204461 | 6206488 |
|  | Valiant Holding AG | 6005 | 884404 |
|  | Varia U.S. Properties AG | 573 | 14243 |
|  W | VAT Group AG | 3893 | 1405334 |
|  | Vaudoise Assurances Holding SA | 194 | 141540 |
|  | Vetropack Holding AG | 4154 | 143482 |
|  | Vontobel Holding AG | 11746 | 848808 |
|  | VZ Holding AG | 5041 | 1040192 |
|  | V-ZUG Holding AG | 602 | 50694 |
|  | Walliser Kantonalbank | 162 | 24326 |
|  # | Warteck Invest AG | 42 | 98138 |
|  | Ypsomed Holding AG | 570 | 242859 |
|  | Zehnder Group AG | 2900 | 193045 |
|  | Zueblin Immobilien Holding AG | 454 | 20128 |
|  | Zug Estates Holding AG, Class B | 76 | 195333 |
|  | Zuger Kantonalbank | 33 | 339549 |
|  | Zurich Insurance Group AG | 10056 | 7132425 |
|  TOTAL SWITZERLAND | TOTAL SWITZERLAND |  | 234405390 |
|  TAIWAN — (5.3%) | TAIWAN — (5.3%) |  |  |
|  | 91APP, Inc. | 18000 | 47150 |
|  | Aaeon Technology, Inc. | 5248 | 20613 |
|  | Abico Avy Co. Ltd. | 46062 | 45264 |
|  # | Ability Enterprise Co. Ltd. | 104988 | 153019 |
|  | Ability Opto-Electronics Technology Co. Ltd. | 7083 | 29089 |
|  | AcBel Polytech, Inc. | 259786 | 209323 |
|  | Accton Technology Corp. | 73000 | 1359721 |
|  | Acer E-Enabling Service Business, Inc. | 6000 | 45388 |
|  # | Acer, Inc. | 654000 | 714642 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  \* | ACES Electronic Co. Ltd. | 39719 | $59885 |
|  \* | Acon Holding, Inc. | 79041 | 22647 |
|  | Acter Group Corp. Ltd. | 54470 | 685682 |
|  | Action Electronics Co. Ltd. | 63000 | 30161 |
|  | Actron Technology Corp. | 14000 | 56120 |
|  | ADATA Technology Co. Ltd. | 103976 | 271985 |
|  | Addcn Technology Co. Ltd. | 13106 | 71628 |
|  \* | Adimmune Corp. | 75000 | 46525 |
|  | Advanced Ceramic X Corp. | 12000 | 45693 |
|  | Advanced Energy Solution Holding Co. Ltd. | 10000 | 266957 |
|  | Advanced International Multitech Co. Ltd. | 60000 | 127597 |
|  \* | Advanced Optoelectronic Technology, Inc. | 31000 | 15514 |
|  | Advanced Power Electronics Corp. | 29000 | 67213 |
|  # | Advanced Wireless Semiconductor Co. | 41000 | 97488 |
|  # | Advancetek Enterprise Co. Ltd. | 96571 | 217665 |
|  | Advantech Co. Ltd. | 23757 | 248882 |
|  | Aero Win Technology Corp. | 22000 | 40712 |
|  | Aerospace Industrial Development Corp. | 150000 | 219854 |
|  | AGV Products Corp. | 191875 | 67268 |
|  | AIC, Inc. | 7000 | 65261 |
|  | Air Asia Co. Ltd. | 10000 | 11824 |
|  | Airoha Technology Corp. | 6000 | 95014 |
|  | Airtac International Group | 41122 | 1129466 |
|  | Alchip Technologies Ltd. | 4000 | 267303 |
|  # | Alexander Marine Co. Ltd. | 9108 | 40545 |
|  \* | ALI Corp. | 22740 | 19021 |
|  | Allied Circuit Co. Ltd. | 14019 | 51050 |
|  | Allied Supreme Corp. | 16000 | 121790 |
|  # | Allis Electric Co. Ltd. | 41768 | 121238 |
|  | Alltek Technology Corp. | 49040 | 59107 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Alltop Technology Co. Ltd. | 16000 | $122260 |
|  | Alpha Networks, Inc. | 78072 | 67366 |
|  # | Altek Corp. | 130445 | 148746 |
|  | Amazing Microelectronic Corp. | 21965 | 51208 |
|  | Ambassador Hotel | 109000 | 153267 |
|  | AMPACS Corp. | 20000 | 20529 |
|  | Ampire Co. Ltd. | 28000 | 26333 |
|  | Ample Electronic Technology Co. Ltd. | 7000 | 21811 |
|  | AMPOC Far-East Co. Ltd. | 22000 | 60384 |
|  # | AmTRAN Technology Co. Ltd. | 254906 | 114262 |
|  \* | Amulaire Thermal Technology, Inc. | 11000 | 8688 |
|  | Anji Technology Co. Ltd. | 22000 | 20266 |
|  | Anpec Electronics Corp. | 18799 | 88790 |
|  | Aopen, Inc. | 11000 | 15907 |
|  # | Apac Opto Electronics, Inc. | 20000 | 46588 |
|  | Apacer Technology, Inc. | 35750 | 51440 |
|  | APAQ Technology Co. Ltd. | 10000 | 31131 |
|  | APCB, Inc. | 64000 | 29138 |
|  | Apex Biotechnology Corp. | 32000 | 31494 |
|  #\* | Apex International Co. Ltd. | 61162 | 44220 |
|  | Apex Science & Engineering | 72828 | 25487 |
|  | Arcadyan Technology Corp. | 43540 | 322195 |
|  | Ardentec Corp. | 268990 | 627469 |
|  | ARES International Corp. | 9000 | 18175 |
|  | Argosy Research, Inc. | 23714 | 107689 |
|  | Arizon RFID Technology Cayman Co. Ltd. | 7000 | 39428 |
|  # | ASE Technology Holding Co. Ltd. | 220931 | 941431 |
|  | Asia Cement Corp. | 567000 | 798645 |
|  | Asia Optical Co., Inc. | 63000 | 267787 |
|  | Asia Polymer Corp. | 171319 | 67912 |
|  | Asia Tech Image, Inc. | 12000 | 36267 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Asia Vital Components Co. Ltd. | 39814 | $584581 |
|  | ASIX Electronics Corp. | 12000 | 34218 |
|  | ASMedia Technology, Inc. | 4260 | 225243 |
|  | ASolid Technology Co. Ltd. | 10000 | 17344 |
|  | ASPEED Technology, Inc. | 6500 | 611496 |
|  | ASROCK, Inc. | 15000 | 82592 |
|  | Asustek Computer, Inc. | 66000 | 1206935 |
|  | ATE Energy International Co. Ltd. | 20000 | 14674 |
|  | Aten International Co. Ltd. | 33000 | 70711 |
|  | Auden Techno Corp. | 13000 | 34735 |
|  | Audix Corp. | 34000 | 63864 |
|  # | AUO Corp. (2409 TT) | 1589000 | 611367 |
|  # | AURAS Technology Co. Ltd. | 5000 | 77109 |
|  | Aurora Corp. | 14100 | 26961 |
|  | Avalue Technology, Inc. | 20000 | 61311 |
|  # | Avermedia Technologies | 21000 | 25330 |
|  | Axiomtek Co. Ltd. | 20993 | 67409 |
|  | Azurewave Technologies, Inc. | 11000 | 15768 |
|  | Bafang Yunji International Co. Ltd. | 14000 | 80305 |
|  | Bank of Kaohsiung Co. Ltd. | 341321 | 126753 |
|  | Basso Industry Corp. | 40000 | 46594 |
|  # | BenQ Materials Corp. | 59000 | 43901 |
|  # | BES Engineering Corp. | 618000 | 204111 |
|  | Billion Electric Co. Ltd. | 10000 | 9760 |
|  | Bin Chuan Enterprise Co. Ltd. | 22000 | 33563 |
|  | B'in Live Co. Ltd. | 10093 | 22246 |
|  | Bionet Corp. | 6425 | 14926 |
|  | Bionime Corp. | 11000 | 19355 |
|  \* | Biostar Microtech International Corp. | 38000 | 22389 |
|  | Bioteque Corp. | 15000 | 59350 |
|  | Bizlink Holding, Inc. | 43000 | 727912 |
|  | Bon Fame Co. Ltd. | 12000 | 28368 |
|  \* | Bonny Worldwide Ltd. | 3000 | 15300 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Bora Pharmaceuticals Co. Ltd. | 6494 | $145067 |
|  | Brave C&H Supply Co. Ltd. | 11000 | 34260 |
|  | Bright Led Electronics Corp. | 41000 | 23402 |
|  | Brightek Optoelectronic Co. Ltd. | 11000 | 15490 |
|  | Brighten Optix Corp. | 2248 | 9766 |
|  | Brighton-Best International Taiwan, Inc. | 109423 | 114138 |
|  | Brillian Network & Automation Integrated System Co. Ltd. | 5431 | 31146 |
|  # | Browave Corp. | 19000 | 94095 |
|  | C Sun Manufacturing Ltd. | 12939 | 57432 |
|  \* | Calin Technology Co. Ltd. | 21000 | 18918 |
|  \* | Caliway Biopharmaceuticals Co. Ltd. | 2000 | 41797 |
|  \* | Cameo Communications, Inc. | 90763 | 25130 |
|  | Capital Futures Corp. | 53629 | 81355 |
|  | Capital Securities Corp. | 787680 | 640855 |
|  \* | Career Technology MFG. Co. Ltd. | 147796 | 54123 |
|  | Castles Technology Co. Ltd. | 18742 | 40553 |
|  | Caswell, Inc. | 10000 | 28098 |
|  | Catcher Technology Co. Ltd. | 161000 | 1095962 |
|  | Cathay Consolidated, Inc. | 5000 | 14589 |
|  | Cathay Financial Holding Co. Ltd. | 601286 | 1107875 |
|  | Cathay Real Estate Development Co. Ltd. | 232000 | 140254 |
|  | CCP Contact Probes Co. Ltd. | 36074 | 31215 |
|  \* | Celxpert Energy Corp. | 34390 | 31035 |
|  | Cenra, Inc. | 47500 | 51521 |
|  # | Center Laboratories, Inc. | 210084 | 234794 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Central Reinsurance Co. Ltd. | 126880 | $104241 |
|  | Century Iron & Steel Industrial Co. Ltd. | 46000 | 253496 |
|  | Chailease Holding Co. Ltd. | 243877 | 877493 |
|  | Chain Chon Industrial Co. Ltd. | 51548 | 21666 |
|  \* | ChainQui Construction Development Co. Ltd. | 27000 | 12089 |
|  | Chaintech Technology Corp. | 13000 | 14446 |
|  \* | Champion Building Materials Co. Ltd. | 106200 | 36743 |
|  | Champion Microelectronic Corp. | 11000 | 15745 |
|  | Chang Hwa Commercial Bank Ltd. | 903071 | 514951 |
|  | Chang Wah Electromaterials, Inc. | 116000 | 156159 |
|  | Chang Wah Technology Co. Ltd. | 112000 | 126281 |
|  # | Channel Well Technology Co. Ltd. | 60000 | 136145 |
|  | Chant Sincere Co. Ltd. | 12000 | 18796 |
|  | Charoen Pokphand Enterprise | 65000 | 203409 |
|  | CHC Healthcare Group | 46000 | 62241 |
|  | CHC Resources Corp. | 33000 | 74262 |
|  | Chen Full International Co. Ltd. | 38000 | 56981 |
|  | Chenbro Micom Co. Ltd. | 10000 | 78106 |
|  | Cheng Loong Corp. | 271000 | 148093 |
|  \* | Cheng Mei Materials Technology Corp. | 167408 | 67676 |
|  | Cheng Shin Rubber Industry Co. Ltd. | 525000 | 810870 |
|  | Cheng Uei Precision Industry Co. Ltd. | 139000 | 213030 |
|  # | Chenming Electronic Technology Corp. | 32000 | 88957 |
|  | Chia Chang Co. Ltd. | 40000 | 48629 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Chia Hsin Cement Corp. | 219300 | $101796 |
|  | Chicony Electronics Co. Ltd. | 257773 | 1242042 |
|  | Chicony Power Technology Co. Ltd. | 54481 | 182334 |
|  | Chief Telecom, Inc. | 7600 | 102737 |
|  | Chien Kuo Construction Co. Ltd. | 35360 | 31561 |
|  | Chien Shing Harbour Service Co. Ltd. | 9000 | 13569 |
|  | China Airlines Ltd. | 1491000 | 982213 |
|  # | China Bills Finance Corp. | 341000 | 158935 |
|  | China Ecotek Corp. | 6000 | 10393 |
|  | China Electric Manufacturing Corp. | 91530 | 38998 |
|  | China General Plastics Corp. | 116626 | 40594 |
|  | China Glaze Co. Ltd.. | 48000 | 24241 |
|  \* | China Man-Made Fiber Corp. | 539861 | 107243 |
|  # | China Metal Products | 121000 | 100304 |
|  # | China Motor Corp. | 104200 | 233702 |
|  #\* | China Petrochemical Development Corp. | 1345069 | 302356 |
|  | China Steel Chemical Corp. | 47000 | 134355 |
|  | China Steel Corp. | 1561000 | 1009488 |
|  | China Steel Structure Co. Ltd. | 25000 | 34257 |
|  | China Wire & Cable Co. Ltd. | 31000 | 32727 |
|  | Chinese Maritime Transport Ltd. | 33000 | 41808 |
|  | ChingFengHome Fashions Co. Ltd. | 60478 | 46445 |
|  # | Chin-Poon Industrial Co. Ltd. | 131000 | 132557 |
|  | Chipbond Technology Corp. | 205000 | 407607 |
|  # | ChipMOS Technologies, Inc. (8150 TT) | 250133 | 206930 |
|  | Chlitina Holding Ltd. | 14422 | 51410 |
|  | Chong Hong Construction Co. Ltd. | 64100 | 175611 |
|  | Chroma ATE, Inc. | 43000 | 393073 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Chun Yuan Steel Industry Co. Ltd. | 185000 | $105189 |
|  | Chung Hung Steel Corp. | 197000 | 99592 |
|  | Chung Hwa Chemical Industrial Works Ltd. | 21000 | 15121 |
|  | Chung Hwa Food Industrial Co. Ltd. | 5000 | 14303 |
|  #\* | Chung Hwa Pulp Corp. | 171228 | 68441 |
|  | Chung-Hsin Electric & Machinery Manufacturing Corp. | 124000 | 494781 |
|  | Chunghwa Precision Test Tech Co. Ltd. | 4000 | 91278 |
|  | Chunghwa Telecom Co. Ltd. (2412 TT) | 133000 | 537706 |
|  | Chunghwa Telecom Co. Ltd. (CHT US), Sponsored ADR | 3400 | 137496 |
|  | Chyang Sheng Texing Co. Ltd. | 19000 | 13484 |
|  | Cleanaway Co. Ltd. (8422 TT) | 20000 | 113568 |
|  | Clevo Co. | 193000 | 289230 |
|  | CMC Magnetics Corp. | 450929 | 112028 |
|  | C-Media Electronics, Inc. | 8000 | 8871 |
|  | Collins Co. Ltd. | 42000 | 20139 |
|  # | Compal Electronics, Inc. | 1172000 | 1009880 |
|  # | Compeq Manufacturing Co. Ltd. | 442000 | 775814 |
|  | Complex Micro Interconnection Co. Ltd. | 17000 | 21819 |
|  | Compucase Enterprise | 24000 | 49326 |
|  | Concord International Securities Co. Ltd. | 50238 | 20178 |
|  | Concord Securities Co. Ltd. | 238795 | 87150 |
|  # | Continental Holdings Corp. | 179000 | 136331 |
|  | Contrel Technology Co. Ltd. | 49000 | 58188 |
|  | Coremax Corp. | 31409 | 44287 |
|  # | Coretronic Corp. | 130000 | 255864 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Co-Tech Development Corp. | 90552 | $135151 |
|  | Creative Sensor, Inc. | 28800 | 41258 |
|  | Crowell Development Corp. | 19000 | 21272 |
|  \* | CSBC Corp. Taiwan | 168000 | 88208 |
|  | CTBC Financial Holding Co. Ltd. | 1968563 | 2425741 |
|  | CTCI Advanced Systems, Inc. | 2000 | 8820 |
|  | CTCI Corp. | 179000 | 153916 |
|  | CTI Traffic Industries |  |  |
|  | Co. Ltd. | 6000 | 20120 |
|  | CviLux Corp. | 28360 | 41561 |
|  | Cyberlink Corp. | 14000 | 43417 |
|  | CyberPower Systems, Inc. | 17850 | 157582 |
|  \* | CyberTAN Technology, Inc. | 102000 | 72206 |
|  | DA CIN Construction Co. Ltd. | 88800 | 156080 |
|  | Dafeng TV Ltd. | 12000 | 19976 |
|  | Dah San Electric Wire & Cable Co. Ltd. | 11325 | 18436 |
|  | Da-Li Development Co. Ltd. | 111295 | 161496 |
|  | Darfon Electronics Corp. | 95000 | 112905 |
|  # | Darwin Precisions Corp. | 169000 | 60454 |
|  | Data Image Corp. | 7000 | 10893 |
|  | Daxin Materials Corp. | 12900 | 66665 |
|  | De Licacy Industrial Co. Ltd. | 84811 | 38113 |
|  | Delpha Construction Co. Ltd. | 80000 | 82950 |
|  | Delta Electronics, Inc. | 76365 | 800167 |
|  | Depo Auto Parts Ind Co. Ltd. | 49000 | 279615 |
|  | DFI, Inc. | 8000 | 15660 |
|  | Dimerco Data System Corp. | 12704 | 49724 |
|  | Dimerco Express Corp. | 40614 | 93522 |
|  | DingZing Advanced Materials, Inc. | 5000 | 20174 |
|  | D-Link Corp. | 202096 | 103894 |
|  | Donpon Precision, Inc. | 24000 | 21500 |
|  | Drewloong Precision, Inc. | 5000 | 27388 |
|  \* | Dyaco International, Inc. | 44433 | 32854 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Dynamic Holding Co. Ltd. | 94086 | $126790 |
|  | Dynamic Medical Technologies, Inc. | 4400 | 11457 |
|  # | Dynapack International Technology Corp. | 48000 | 261017 |
|  | E Ink Holdings, Inc. | 83000 | 579803 |
|  | E.Sun Financial Holding Co. Ltd. | 1778317 | 1577326 |
|  | Eastech Holding Ltd. | 9000 | 29120 |
|  \* | Eastern Media International Corp. | 76985 | 39398 |
|  # | Eclat Textile Co. Ltd. | 52583 | 685387 |
|  | eCloudvalley Digital Technology Co. Ltd. | 11000 | 30961 |
|  | ECOVE Environment Corp. | 10000 | 89591 |
|  \* | Edimax Technology Co. Ltd. | 97000 | 68618 |
|  # | Edison Opto Corp. | 23136 | 14353 |
|  | Edom Technology Co. Ltd. | 72013 | 55220 |
|  | eGalax_eMPIA Technology, Inc. | 19695 | 26256 |
|  \* | Egis Technology, Inc. | 12000 | 36564 |
|  \* | EirGenix, Inc. | 6000 | 11942 |
|  | Elan Microelectronics Corp. | 105900 | 435580 |
|  | E-Lead Electronic Co. Ltd. | 17429 | 26387 |
|  | E-LIFE MALL Corp. | 23000 | 52334 |
|  #\* | Elite Advanced Laser Corp. | 18768 | 121550 |
|  # | Elite Material Co. Ltd. | 74000 | 1287854 |
|  | Elite Semiconductor Microelectronics Technology, Inc. | 86000 | 139823 |
|  | Elitegroup Computer Systems Co. Ltd. | 128000 | 62098 |
|  | eMemory Technology, Inc. | 12000 | 966258 |
|  | Emerging Display Technologies Corp. | 46000 | 34575 |
|  | Ennoconn Corp. | 30840 | 259380 |
|  | Ennostar, Inc. | 215450 | 243612 |
|  | EnTie Commercial Bank Co. Ltd. | 251000 | 102724 |
|  | Episil-Precision, Inc. | 34000 | 36133 |
|  | Eris Technology Corp. | 3000 | 15353 |
|  | Eson Precision Ind Co. Ltd. | 30000 | 42293 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Eternal Materials Co. Ltd. | 272527 | $218445 |
|  | Eurocharm Holdings Co. Ltd. | 8000 | 38751 |
|  | Eva Airways Corp. | 947922 | 1138577 |
|  | Ever Supreme Bio Technology Co. Ltd. | 6000 | 31175 |
|  \* | Everest Textile Co. Ltd. | 164535 | 34814 |
|  | Evergreen Aviation Technologies Corp. | 26000 | 84767 |
|  | Evergreen International Storage & Transport Corp. | 215000 | 194614 |
|  | Evergreen Marine Corp. Taiwan Ltd. | 172872 | 1120037 |
|  | EVERGREEN Steel Corp. | 50000 | 129224 |
|  # | Everlight Chemical Industrial Corp. | 152405 | 80320 |
|  # | Everlight Electronics Co. Ltd. | 150000 | 359778 |
|  | Evertop Wire Cable Corp. | 47000 | 35545 |
|  | Excel Cell Electronic Co. Ltd. | 19000 | 10922 |
|  | Excellence Opto, Inc. | 31000 | 19815 |
|  # | Excelsior Medical Co. Ltd. | 46375 | 126457 |
|  | Far Eastern Department Stores Ltd. | 328000 | 240763 |
|  | Far Eastern International Bank | 818032 | 329357 |
|  | Far Eastern New Century Corp. | 803100 | 826427 |
|  | Far EasTone Telecommunications Co. Ltd. | 393061 | 1054016 |
|  | Faraday Technology Corp. | 56853 | 322879 |
|  | Farglory F T Z Investment Holding Co. Ltd. | 28563 | 30682 |
|  # | Farglory Land Development Co. Ltd. | 97000 | 181112 |
|  | FDC International Hotels Corp. | 7000 | 11073 |
|  | Feature Integration Technology, Inc. | 8000 | 15320 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  \* | Federal Corp. | 103926 | $58210 |
|  | Feedback Technology Corp. | 8316 | 27969 |
|  | Feng Hsin Steel Co. Ltd. | 165000 | 310414 |
|  | Feng TAY Enterprise Co. Ltd. | 142312 | 503760 |
|  | FIC Global, Inc. | 12000 | 11265 |
|  | FineTek Co. Ltd. | 4080 | 15418 |
|  | Firich Enterprises Co. Ltd. | 59000 | 47943 |
|  \* | First Copper Technology Co. Ltd. | 27000 | 29829 |
|  | First Financial Holding Co. Ltd. | 1539854 | 1226197 |
|  # | First Hi-Tec Enterprise Co. Ltd. | 27554 | 124604 |
|  | First Hotel | 71000 | 29451 |
|  | First Insurance Co. Ltd. | 96000 | 88619 |
|  \* | First Steamship Co. Ltd. | 280468 | 54089 |
|  | FIT Holding Co. Ltd. | 52000 | 76451 |
|  | Fitipower Integrated Technology, Inc. | 26000 | 178480 |
|  | FLEXium Interconnect, Inc. | 118112 | 187553 |
|  | Flytech Technology Co. Ltd. | 31297 | 111248 |
|  | FocalTech Systems Co. Ltd. | 46000 | 89481 |
|  # | Forcecon Tech Co. Ltd. | 21595 | 74858 |
|  \* | Forest Water Environment Engineering Co. Ltd. | 18576 | 17439 |
|  | Formosa Advanced Technologies Co. Ltd. | 62000 | 51558 |
|  # | Formosa Chemicals & Fibre Corp. | 709000 | 554052 |
|  | Formosa International Hotels Corp. | 20672 | 128885 |
|  | Formosa Laboratories, Inc. | 40544 | 76644 |
|  | Formosa Oilseed Processing Co. Ltd. | 14700 | 13628 |
|  | Formosa Optical Technology Co. Ltd. | 10000 | 43546 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Formosa Petrochemical Corp. | 128000 | $140127 |
|  # | Formosa Plastics Corp. | 459000 | 489034 |
|  # | Formosa Sumco Technology Corp. | 23000 | 57406 |
|  | Formosa Taffeta Co. Ltd. | 280000 | 145142 |
|  | Formosan Rubber Group, Inc. | 96399 | 75408 |
|  | Formosan Union Chemical | 127945 | 69399 |
|  # | Fortune Electric Co. Ltd. | 29300 | 386184 |
|  | Founding Construction & Development Co. Ltd. | 72000 | 39513 |
|  | Foxconn Technology Co. Ltd. | 221535 | 412341 |
|  | Foxsemicon Integrated Technology, Inc. | 36357 | 311579 |
|  # | Franbo Lines Corp. | 92000 | 57524 |
|  | Froch Enterprise Co. Ltd. | 89000 | 41951 |
|  # | FSP Technology, Inc.. | 45000 | 75935 |
|  | Fu Chun Shin Machinery Manufacture Co. Ltd. | 21000 | 10873 |
|  | Fu Hua Innovation Co. Ltd. | 69948 | 82266 |
|  | Fubon Financial Holding Co. Ltd. | 662568 | 1756090 |
|  | Fulgent Sun International Holding Co. Ltd. | 45143 | 143844 |
|  | Fullerton Technology Co. Ltd. | 51000 | 39560 |
|  #\* | Fulltech Fiber Glass Corp. | 146331 | 125159 |
|  | Fusheng Precision Co. Ltd. | 37000 | 412724 |
|  | Fwusow Industry Co. Ltd. | 60471 | 26768 |
|  | G Shank Enterprise Co. Ltd. | 51888 | 118578 |
|  | Gamania Digital Entertainment Co. Ltd. | 54000 | 123999 |
|  \* | GCS Holdings, Inc. | 18000 | 52445 |
|  | GEM Services, Inc. | 25210 | 51183 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Gemtek Technology Corp. | 153000 | $136091 |
|  \* | General Interface Solution GIS Holding Ltd. | 88000 | 129118 |
|  | General Plastic Industrial Co. Ltd. | 20480 | 20365 |
|  | Generalplus Technology, Inc. | 19000 | 24747 |
|  | Genesys Logic, Inc. | 21000 | 91684 |
|  | Genius Electronic Optical Co. Ltd. | 35616 | 418331 |
|  | Genovate Biotechnology Co. Ltd. | 13390 | 8610 |
|  | GeoVision, Inc. | 20449 | 40140 |
|  | Getac Holdings Corp. | 163000 | 548492 |
|  | GFC Ltd. | 15000 | 50691 |
|  | Giant Manufacturing Co. Ltd. | 71994 | 293896 |
|  | Giantplus Technology Co. Ltd. | 117000 | 48510 |
|  # | Gigabyte Technology Co. Ltd. | 132000 | 952910 |
|  \* | Gigasolar Materials Corp. | 16790 | 33278 |
|  \* | Gigastorage Corp. | 129000 | 49310 |
|  # | Global Brands Manufacture Ltd. | 111320 | 212063 |
|  | Global Lighting Technologies, Inc. | 23000 | 32347 |
|  | Global Mixed Mode Technology, Inc. | 21000 | 145699 |
|  | Global PMX Co. Ltd. | 13000 | 37430 |
|  | Global Unichip Corp. | 18000 | 578253 |
|  # | Globalwafers Co. Ltd. | 41000 | 395693 |
|  | Globe Union Industrial Corp. | 110048 | 37556 |
|  | Gloria Material Technology Corp. | 165680 | 228707 |
|  | Gold Circuit Electronics Ltd. | 99000 | 595553 |
|  | Goldsun Building Materials Co. Ltd. | 284338 | 349279 |
|  | Good Will Instrument Co. Ltd. | 25000 | 32780 |
|  | Gordon Auto Body Parts | 24000 | 25610 |
|  | Gourmet Master Co. Ltd. | 31237 | 89446 |
|  | Grand Fortune Securities Co. Ltd. | 82159 | 31617 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  #\* | Grand Pacific Petrochemical | 451478 | $166407 |
|  | Grand Process Technology Corp. | 2000 | 58321 |
|  | GrandTech CG Systems, Inc. | 22775 | 37600 |
|  | Grape King Bio Ltd. | 38000 | 161838 |
|  | Great China Metal Industry | 77000 | 55267 |
|  | Great Taipei Gas Co. Ltd. | 75000 | 72139 |
|  | Great Tree Pharmacy Co. Ltd. | 22014 | 109831 |
|  | Great Wall Enterprise Co. Ltd. | 220571 | 412758 |
|  | Greatek Electronics, Inc. | 148000 | 254491 |
|  | Green World FinTech Service Co. Ltd. | 28000 | 49671 |
|  | Group Up Industrial Co. Ltd. | 10000 | 56763 |
|  | GTM Holdings Corp. | 52000 | 51828 |
|  | Gudeng Precision Industrial Co. Ltd. | 11393 | 131615 |
|  | Hannstar Board Corp. | 117393 | 174368 |
|  #\* | HannStar Display Corp. | 842000 | 186558 |
|  \* | HannsTouch Holdings Co | 188079 | 41369 |
|  | Hanpin Electron Co. Ltd. | 14000 | 20501 |
|  | Harvatek Corp. | 62000 | 31789 |
|  | Heran Co. Ltd. | 9000 | 23937 |
|  | Hey Song Corp. | 106000 | 129655 |
|  | Hi-Clearance, Inc. | 8000 | 35735 |
|  | Highlight Tech Corp. | 19096 | 27124 |
|  | Highwealth Construction Corp.. | 252329 | 322506 |
|  | Hi-Lai Foods Co. Ltd. | 6000 | 27552 |
|  | HIM International Music, Inc. | 11900 | 36145 |
|  | Hitron Technology, Inc. | 38559 | 26203 |
|  # | Hiwin Technologies Corp. | 52949 | 365498 |
|  | Hiyes International Co. Ltd. | 10379 | 38866 |
|  | Ho Tung Chemical Corp. | 340125 | 89481 |
|  | Hocheng Corp. | 105780 | 59019 |
|  | Holdings-Key Electric Wire & Cable Co. Ltd. | 39000 | 47067 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Holiday Entertainment Co. Ltd. | 15300 | $36757 |
|  | Holy Stone Enterprise Co. Ltd. | 49425 | 129321 |
|  | Hon Hai Precision Industry Co. Ltd. (2317 TT) | 746624 | 3326431 |
|  | Hong Pu Real Estate Development Co. Ltd. | 97000 | 90140 |
|  | Hong TAI Electric Industrial | 66000 | 63656 |
|  | Hong YI Fiber Industry Co | 22000 | 8557 |
|  | Horizon Securities Co. Ltd. | 119780 | 38620 |
|  # | Hota Industrial Manufacturing Co. Ltd. | 70263 | 139843 |
|  # | Hotai Finance Co. Ltd. | 74490 | 158312 |
|  | Hotai Motor Co. Ltd. | 63180 | 1229771 |
|  \* | Hotron Precision Electronic Industrial Co. Ltd. | 20031 | 12316 |
|  # | Hsin Kuang Steel Co. Ltd. | 74000 | 99907 |
|  | Hsin Yung Chien Co. Ltd. | 12390 | 34357 |
|  | Hsing TA Cement Co | 70000 | 36712 |
|  \* | HTC Corp. | 191000 | 231213 |
|  | Hu Lane Associate, Inc. | 23293 | 110586 |
|  | HUA ENG Wire & Cable Co. Ltd. | 132000 | 101710 |
|  | Hua Nan Financial Holdings Co. Ltd. | 1146405 | 970681 |
|  | Hua Yu Lien Development Co. Ltd. | 26000 | 97184 |
|  | Huaku Development Co. Ltd. | 97300 | 317408 |
|  | Huang Hsiang Construction Corp. | 31000 | 50045 |
|  | Hung Ching Development & Construction Co. Ltd. | 54000 | 49408 |
|  | Hung Sheng Construction Ltd. | 133664 | 95373 |
|  | Hwa Fong Rubber Industrial Co. Ltd. | 67242 | 36622 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Hwacom Systems, Inc. | 35000 | $23440 |
|  | Hwang Chang General Contractor Co. Ltd. | 39131 | 89130 |
|  | Ibase Technology, Inc. | 34000 | 65116 |
|  # | IBF Financial Holdings Co. Ltd. | 1246512 | 472016 |
|  | ICARES Medicus, Inc. | 2400 | 8323 |
|  # | Ichia Technologies, Inc. | 119000 | 136913 |
|  # | I-Chiun Precision Industry Co. Ltd. | 40426 | 99450 |
|  \* | Ideal Bike Corp. | 33000 | 7101 |
|  # | IEI Integration Corp. | 47340 | 124837 |
|  #\* | In Win Development, Inc. | 10000 | 25871 |
|  | Infortrend Technology, Inc. | 88000 | 68261 |
|  | Ingentec Corp. | 2100 | 7805 |
|  | Innodisk Corp. | 24523 | 178815 |
|  | Innolux Corp. | 1978504 | 847312 |
|  | Inpaq Technology Co. Ltd. | 23945 | 51358 |
|  # | Insyde Software Corp. | 13200 | 105991 |
|  | Intai Technology Corp. | 12400 | 41591 |
|  | Integrated Service Technology, Inc. | 27109 | 86088 |
|  \* | IntelliEPI, Inc. | 6000 | 18090 |
|  | Interactive Digital Technologies, Inc. | 5000 | 12421 |
|  \* | International CSRC Investment Holdings Co. | 291562 | 96911 |
|  | International Games System Co. Ltd. | 45000 | 1166665 |
|  | Inventec Corp. | 399000 | 509663 |
|  | Iron Force Industrial Co. Ltd. | 14519 | 43644 |
|  | I-Sheng Electric Wire & Cable Co. Ltd. | 25000 | 39811 |
|  | ITE Technology, Inc. | 50000 | 203403 |
|  | ITEQ Corp. | 86029 | 172766 |
|  # | Jarllytec Co. Ltd. | 21000 | 80999 |
|  | Jean Co. Ltd. | 53562 | 39251 |
|  | Jentech Precision Industrial Co. Ltd. | 4998 | 157386 |
|  | Jetwell Computer Co. Ltd. | 6000 | 52613 |
|  | Jia Wei Lifestyle, Inc. | 20442 | 32028 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Jih Lin Technology Co. Ltd. | 28000 | $41028 |
|  | Jiin Yeeh Ding Enterprise Co. Ltd. | 12000 | 24128 |
|  # | Jinan Acetate Chemical Co. Ltd. | 16107 | 424001 |
|  | Johnson Health Tech Co. Ltd. | 23000 | 124105 |
|  | JPC connectivity, Inc. | 15250 | 60220 |
|  # | JPP Holding Co. Ltd. | 9450 | 42003 |
|  | JSL Construction & Development Co. Ltd. | 39020 | 100740 |
|  | K Laser Technology, Inc. | 44000 | 23397 |
|  | Kaimei Electronic Corp. | 31120 | 54987 |
|  | Kaori Heat Treatment Co. Ltd. | 9000 | 59540 |
|  | Kedge Construction Co. Ltd. | 12067 | 29757 |
|  | Keding Enterprises Co. Ltd. | 3000 | 11747 |
|  | KEE TAI Properties Co. Ltd. | 140430 | 55683 |
|  | Kenda Rubber Industrial Co. Ltd. | 213316 | 157354 |
|  | Kerry TJ Logistics Co. Ltd. | 67000 | 74350 |
|  | Keystone Microtech Corp. | 6000 | 54993 |
|  | KGI Financial Holding Co. Ltd. | 2610354 | 1353927 |
|  | KHGEARS International Ltd. | 7000 | 33160 |
|  | Kindom Development Co. Ltd. | 123200 | 196529 |
|  | King Chou Marine Technology Co. Ltd. | 36340 | 50396 |
|  | King Slide Works Co. Ltd. | 8000 | 437568 |
|  | King Yuan Electronics Co. Ltd. | 511000 | 1389623 |
|  | King's Town Bank Co. Ltd. | 288000 | 436026 |
|  #\* | King's Town Construction Co. Ltd. | 34000 | 50497 |
|  | Kinik Co | 18000 | 138370 |
|  | Kinko Optical Co. Ltd. | 42365 | 32834 |
|  | Kinpo Electronics | 566000 | 353457 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Kinsus Interconnect Technology Corp. | 121000 | $285831 |
|  | KMC Kuei Meng International, Inc. | 17300 | 52367 |
|  | KNH Enterprise Co. Ltd. | 76000 | 41389 |
|  # | KS Terminals, Inc. | 32000 | 55264 |
|  | Kung Long Batteries Industrial Co. Ltd. | 21000 | 93639 |
|  \* | Kung Sing Engineering Corp. | 190573 | 73007 |
|  # | Kuo Toong International Co. Ltd. | 80315 | 138920 |
|  | Kuo Yang Construction Co. Ltd. | 84360 | 52624 |
|  | Kwong Lung Enterprise Co. Ltd. | 34000 | 55349 |
|  # | L&K Engineering Co. Ltd. | 72762 | 537795 |
|  | La Kaffa International Co. Ltd. | 11000 | 31852 |
|  \* | LAN FA Textile | 93000 | 33795 |
|  | Lanner Electronics, Inc. | 31850 | 87139 |
|  | Largan Precision Co. Ltd. (3008 TT) | 12000 | 855500 |
|  | Laser Tek Taiwan Co. Ltd. | 13300 | 17856 |
|  | Laster Tech Corp. Ltd. | 36000 | 32244 |
|  \* | Leader Electronics, Inc. | 43000 | 15460 |
|  | Leadtrend Technology Corp. | 12000 | 18528 |
|  \* | Lealea Enterprise Co. Ltd. | 310560 | 72302 |
|  | LEE CHI Enterprises Co. Ltd. | 56000 | 19594 |
|  | Lelon Electronics Corp. | 28000 | 63346 |
|  | Lemtech Holdings Co. Ltd. | 9656 | 26927 |
|  | Leo Systems, Inc. | 20000 | 19328 |
|  \* | Leofoo Development Co. Ltd. | 19000 | 10230 |
|  \* | Li Peng Enterprise Co. Ltd. | 236600 | 46143 |
|  | Lian HWA Food Corp. | 24776 | 101018 |
|  | Lien Hwa Industrial Holdings Corp. | 218891 | 299977 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Lingsen Precision Industries Ltd. | 117000 | $51576 |
|  | Lintes Technology Co. Ltd. | 6000 | 22649 |
|  | Lion Travel Service Co. Ltd. | 27000 | 115526 |
|  | Lite-On Technology Corp. | 270417 | 817802 |
|  | Liton Technology Corp. | 27000 | 28730 |
|  \* | Long Bon International Co. Ltd. | 76100 | 40819 |
|  | Long Da Construction & Development Corp. | 61000 | 66781 |
|  \* | Longchen Paper & Packaging Co. Ltd. | 278641 | 79517 |
|  | Longwell Co. | 33000 | 79034 |
|  | Loop Telecommunication International, Inc. | 14000 | 23125 |
|  | Lotes Co. Ltd. | 17700 | 695959 |
|  | Lotus Pharmaceutical Co. Ltd. | 41000 | 282466 |
|  | Lucky Cement Corp. | 35000 | 15132 |
|  | Lumax International Corp. Ltd. | 24440 | 72771 |
|  \* | Lung Yen Life Service Corp. | 59000 | 125427 |
|  | Lungteh Shipbuilding Co. Ltd. | 15750 | 49377 |
|  | Luxe Green Energy Technology Co. Ltd. | 29344 | 20594 |
|  | LuxNet Corp. | 16000 | 77113 |
|  | M3 Technology, Inc. | 9000 | 28079 |
|  # | M31 Technology Corp. | 2640 | 42540 |
|  | Macauto Industrial Co. Ltd. | 17000 | 27101 |
|  | Macroblock, Inc. | 15000 | 28761 |
|  # | Macronix International Co. Ltd. | 729798 | 453585 |
|  | Makalot Industrial Co. Ltd. | 66702 | 593494 |
|  | Marketech International Corp. | 24000 | 120660 |
|  | Materials Analysis Technology, Inc. | 18151 | 88453 |
|  | Maxigen Biotech, Inc. | 18000 | 24104 |
|  | Mayer Steel Pipe Corp. | 76800 | 68590 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Mechema Chemicals International Corp. | 16000 | $26424 |
|  | MediaTek, Inc. | 81000 | 3441939 |
|  | Mega Financial Holding Co. Ltd. | 750626 | 888952 |
|  | Megaforce Co. Ltd. | 26000 | 22392 |
|  | Meiloon Industrial Co | 40600 | 28308 |
|  | Mercuries & Associates Holding Ltd. | 173609 | 74170 |
|  | Mercuries Data Systems Ltd. | 30000 | 23367 |
|  \* | Mercuries Life Insurance Co. Ltd. | 1038818 | 179548 |
|  # | Merida Industry Co. Ltd. | 68000 | 282042 |
|  | Merry Electronics Co. Ltd. | 60757 | 215133 |
|  | METAAGE Corp. | 14000 | 22368 |
|  \* | Microbio Co. Ltd. | 118099 | 87454 |
|  | Micro-Star International Co. Ltd. | 184000 | 804738 |
|  | Mildef Crete, Inc. | 18000 | 56118 |
|  | MIN AIK Technology Co. Ltd. | 37600 | 30149 |
|  | Mitac Holdings Corp. | 403560 | 672094 |
|  | MJ International Co. Ltd. | 2230 | 2115 |
|  \* | Mobiletron Electronics Co. Ltd. | 13000 | 13266 |
|  | momo.com, Inc. | 18824 | 190391 |
|  \* | MOSA Industrial Corp. | 33658 | 19809 |
|  \* | Mosel Vitelic, Inc. | 21000 | 15963 |
|  | Motech Industries, Inc. | 82000 | 48188 |
|  | MPI Corp. | 9000 | 184302 |
|  # | MSSCORPS Co. Ltd. | 15721 | 61326 |
|  \* | My Humble House Hospitality Management Consulting | 19000 | 24798 |
|  | Nak Sealing Technologies Corp. | 25000 | 90899 |
|  | Namchow Holdings Co. Ltd. | 55000 | 80969 |
|  | Nan Kang Rubber Tire Co. Ltd. | 36000 | 44004 |
|  | Nan Liu Enterprise Co. Ltd. | 7000 | 12361 |
|  | Nan Pao Resins Chemical Co. Ltd. | 15000 | 159812 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  \* | Nan Ren Lake Leisure Amusement Co. Ltd. | 32000 | $11828 |
|  | Nan Ya Plastics Corp. | 635000 | 608526 |
|  # | Nan Ya Printed Circuit Board Corp. | 42000 | 129712 |
|  | Nang Kuang Pharmaceutical Co. Ltd. | 14000 | 16033 |
|  | Nantex Industry Co. Ltd. | 94780 | 79366 |
|  #\* | Nanya Technology Corp. | 308432 | 348234 |
|  | National Aerospace Fasteners Corp. | 8000 | 23679 |
|  | National Petroleum Co. Ltd. | 12000 | 23198 |
|  | Netronix, Inc. | 17000 | 59925 |
|  \* | New Asia Construction & Development Corp. | 60000 | 34697 |
|  | New Best Wire Industrial Co. Ltd. | 14400 | 12324 |
|  | Nextronics Engineering Corp. | 7000 | 21087 |
|  | Nichidenbo Corp. | 52030 | 105028 |
|  | Nidec Chaun-Choung Technology Corp. | 11000 | 45268 |
|  | Nien Hsing Textile Co. Ltd. | 51245 | 29426 |
|  | Nien Made Enterprise Co. Ltd. | 55000 | 673521 |
|  | Niko Semiconductor Co. Ltd. | 15869 | 19756 |
|  | Nishoku Technology, Inc. | 16000 | 68771 |
|  | North-Star International Co. Ltd. | 7000 | 9936 |
|  | Nova Technology Corp. | 10000 | 53170 |
|  | Novatek Microelectronics Corp. | 115000 | 1870274 |
|  # | Nuvoton Technology Corp. | 38000 | 81662 |
|  | O-Bank Co. Ltd. | 458620 | 136398 |
|  | Ocean Plastics Co. Ltd. | 52000 | 56502 |
|  | OK Biotech Co. Ltd. | 18857 | 10674 |
|  | Orient Europharma Co. Ltd. | 8000 | 11494 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Orient Semiconductor Electronics Ltd. | 146107 | $147023 |
|  | Oriental Union Chemical Corp. | 143000 | 60895 |
|  | O-TA Precision Industry Co. Ltd. | 21422 | 44355 |
|  | Pacific Construction Co. | 29000 | 9260 |
|  | Pacific Hospital Supply Co. Ltd. | 16496 | 47811 |
|  \* | Paiho Shih Holdings Corp. | 58159 | 39388 |
|  | Pan Asia Chemical Corp. | 51120 | 16826 |
|  | Pan German Universal Motors Ltd. | 7000 | 62286 |
|  | Pan Jit International, Inc. | 119700 | 166375 |
|  # | Pan-International Industrial Corp. | 165000 | 195158 |
|  | Panion & BF Biotech, Inc. | 17000 | 37400 |
|  | Parade Technologies Ltd. | 19000 | 321154 |
|  \* | Paragon Technologies Co. Ltd. | 8784 | 4865 |
|  | Parpro Corp. | 19000 | 25531 |
|  \* | PChome Online, Inc. | 35268 | 41306 |
|  | PCL Technologies, Inc. | 27379 | 81401 |
|  | P-Duke Technology Co. Ltd. | 23968 | 62198 |
|  | Pegatron Corp. | 393000 | 998524 |
|  | Pegavision Corp. | 13684 | 149286 |
|  | PharmaEngine, Inc. | 27000 | 75562 |
|  \* | PharmaEssentia Corp. | 7219 | 118687 |
|  \* | Phihong Technology Co. Ltd. | 91000 | 73381 |
|  | Phison Electronics Corp. | 44000 | 615236 |
|  | Phoenix Silicon International Corp. | 42000 | 171632 |
|  | Phoenix Tours International, Inc. | 12000 | 22138 |
|  \* | Phytohealth Corp. | 18000 | 7499 |
|  | Pixart Imaging, Inc. | 39000 | 261805 |
|  | Planet Technology Corp. | 14000 | 62841 |
|  | Plastron Precision Co. Ltd. | 51126 | 25991 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Polytronics Technology Corp. | 12564 | $16833 |
|  | Posiflex Technology, Inc. | 14000 | 113407 |
|  | Pou Chen Corp. | 613000 | 631248 |
|  | Power Wind Health Industry, Inc. | 11968 | 49505 |
|  #\* | Powerchip Semiconductor Manufacturing Corp. | 803000 | 354996 |
|  | Powertech Technology, Inc. | 289000 | 982027 |
|  | Poya International Co. Ltd. | 22353 | 334675 |
|  | President Chain Store Corp. | 73000 | 596962 |
|  | President Securities Corp. | 455652 | 335871 |
|  | Primax Electronics Ltd. | 181000 | 422887 |
|  # | Prince Housing & Development Corp. | 386000 | 110049 |
|  | Princeton Technology Corp. | 41000 | 15522 |
|  | Pro Hawk Corp. | 6000 | 28493 |
|  # | Promate Electronic Co. Ltd. | 57000 | 126566 |
|  | Prosperity Dielectrics Co. Ltd. | 35086 | 38897 |
|  | PSS Co. Ltd. | 5000 | 21279 |
|  | Qisda Corp. | 401000 | 335915 |
|  | QST International Corp. | 33285 | 56002 |
|  | Qualipoly Chemical Corp. | 21000 | 35798 |
|  | Quang Viet Enterprise Co. Ltd. | 17000 | 44723 |
|  | Quanta Computer, Inc. | 72000 | 540913 |
|  | Quanta Storage, Inc. | 62000 | 157203 |
|  \* | Quintain Steel Co. Ltd. | 68209 | 21204 |
|  | Radiant Opto-Electronics Corp. | 159000 | 738598 |
|  | Radium Life Tech Co. Ltd. | 262981 | 103794 |
|  | Rafael Microelectronics, Inc. | 3821 | 11971 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Raydium Semiconductor Corp. | 18000 | $183044 |
|  | Realtek Semiconductor Corp. | 39000 | 641124 |
|  | Rechi Precision Co. Ltd. | 119000 | 110674 |
|  | Rexon Industrial Corp. Ltd. | 39000 | 38917 |
|  | Rich Development Co. Ltd. | 220530 | 62091 |
|  \* | Right WAY Industrial Co. Ltd. | 42000 | 15676 |
|  \* | Ritek Corp. | 284084 | 94686 |
|  | Rodex Fasteners Corp. | 13000 | 14732 |
|  | Ruby Tech Corp. | 13390 | 17654 |
|  | Ruentex Development Co. Ltd. | 372888 | 383830 |
|  | Ruentex Engineering & Construction Co. | 26600 | 141984 |
|  | Ruentex Industries Ltd. | 165904 | 285113 |
|  | Run Long Construction Co. Ltd. | 123200 | 124587 |
|  | Sakura Development Co. Ltd. | 61695 | 117373 |
|  | Sampo Corp. | 104400 | 83104 |
|  # | San Fang Chemical Industry Co. Ltd. | 75679 | 93058 |
|  | San Fu Chemical Co. Ltd. | 12000 | 38808 |
|  | San Lien Technology Corp. Ltd. | 6300 | 13592 |
|  | San Shing Fastech Corp. | 44000 | 73113 |
|  | Sanyang Motor Co. Ltd. | 153000 | 331539 |
|  | Savior Lifetec Corp. | 72074 | 43466 |
|  | SCI Pharmtech, Inc. | 17901 | 40360 |
|  | Scientech Corp. | 5000 | 42558 |
|  | ScinoPharm Taiwan Ltd. | 70000 | 41126 |
|  | SciVision Biotech, Inc. | 7000 | 20614 |
|  | SDI Corp. | 40000 | 89668 |
|  | Sea Sonic Electronics Co. Ltd. | 19000 | 37651 |
|  | Senao International Co. Ltd. | 28000 | 27787 |
|  | Senao Networks, Inc. | 11630 | 64173 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Sensortek Technology Corp. | 9000 | $50960 |
|  | Sercomm Corp. | 85000 | 278575 |
|  | Sesoda Corp. | 79104 | 82227 |
|  | Shanghai Commercial & Savings Bank Ltd. | 538903 | 794703 |
|  | Sharehope Medicine Co. Ltd. | 17681 | 15272 |
|  | Sheh Fung Screws Co. Ltd. | 8000 | 10162 |
|  | Sheng Yu Steel Co. Ltd. | 40000 | 29972 |
|  | ShenMao Technology, Inc. | 21000 | 38424 |
|  | Shieh Yih Machinery Industry Co. Ltd. | 28000 | 24761 |
|  | Shih Her Technologies, Inc. | 19000 | 58922 |
|  \* | Shih Wei Navigation Co. Ltd. | 165666 | 83790 |
|  | Shihlin Electric & Engineering Corp. | 64000 | 286941 |
|  \* | Shihlin Paper Corp. | 7000 | 9968 |
|  | Shin Hsiung Natural Gas Co. Ltd. | 14677 | 19092 |
|  \* | Shin Kong Financial Holding Co. Ltd. | 3422879 | 1263092 |
|  | Shin Ruenn Development Co. Ltd. | 20950 | 41024 |
|  | Shin Zu Shing Co. Ltd. | 54673 | 318964 |
|  \* | Shining Building Business Co. Ltd. | 191632 | 63635 |
|  | Shinkong Insurance Co. Ltd. | 78000 | 260481 |
|  | Shinkong Synthetic Fibers Corp. | 548000 | 214264 |
|  | Shinkong Textile Co. Ltd. | 27000 | 34754 |
|  | Shiny Chemical Industrial Co. Ltd. | 30360 | 126464 |
|  | Shuttle, Inc. | 77000 | 40545 |
|  | Sigurd Microelectronics Corp. | 233226 | 528508 |
|  | Silergy Corp. | 49000 | 617709 |
|  | Silicon Integrated Systems Corp. | 87000 | 132604 |
|  | Simplo Technology Co. Ltd. | 34600 | 378726 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Sinbon Electronics Co. Ltd. | 60064 | $418481 |
|  | Sincere Navigation Corp. | 133900 | 97210 |
|  | Sinher Technology, Inc. | 13000 | 10497 |
|  | Sinmag Equipment Corp. | 17420 | 80537 |
|  | Sino-American Silicon Products, Inc. | 197000 | 682930 |
|  | Sinon Corp. | 180000 | 225798 |
|  | SinoPac Financial Holdings Co. Ltd. | 1945782 | 1300215 |
|  | Sinopower Semiconductor, Inc. | 7000 | 20049 |
|  | Sinphar Pharmaceutical Co. Ltd. | 32767 | 32567 |
|  | Sinyi Realty, Inc. | 80544 | 70354 |
|  | Sirtec International Co. Ltd. | 42800 | 38788 |
|  | Sitronix Technology Corp. | 51000 | 337947 |
|  | Siward Crystal Technology Co. Ltd. | 64000 | 41974 |
|  | Soft-World International Corp. | 21000 | 65690 |
|  # | Solar Applied Materials Technology Corp. | 117398 | 193878 |
|  | Solteam, Inc. | 11849 | 17899 |
|  | Sonix Technology Co. Ltd. | 41000 | 44699 |
|  | Southeast Cement Co. Ltd. | 63000 | 36388 |
|  | Speed Tech Corp. | 28000 | 36150 |
|  | Sporton International, Inc. | 26330 | 138084 |
|  | St. Shine Optical Co. Ltd. | 18000 | 96931 |
|  | Standard Chemical & Pharmaceutical Co. Ltd. | 32000 | 58383 |
|  | Standard Foods Corp. | 95402 | 100661 |
|  | Stark Technology, Inc. | 19200 | 88007 |
|  # | S-Tech Corp. | 60104 | 54535 |
|  | Sumeeko Industries Co. Ltd. | 8000 | 20556 |
|  \* | Sun Yad Construction Co. Ltd. | 59432 | 27207 |
|  | Sunfun Info Co. Ltd. | 39370 | 36163 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Sunjuice Holdings Co. Ltd. | 5000 | $19075 |
|  \* | Sunko INK Co. Ltd. | 55250 | 20620 |
|  | SunMax Biotechnology Co. Ltd. | 11000 | 162496 |
|  | Sunny Friend Environmental Technology Co. Ltd. | 23737 | 58386 |
|  | Sunonwealth Electric Machine Industry Co. Ltd. | 76000 | 206096 |
|  | Sunplus Innovation Technology, Inc. | 6000 | 23998 |
|  \* | Sunplus Technology Co. Ltd. | 183000 | 122837 |
|  | Sunrex Technology Corp. | 34561 | 56884 |
|  | Sunspring Metal Corp. | 41351 | 34167 |
|  | Superalloy Industrial Co. Ltd. | 13000 | 25263 |
|  | Supreme Electronics Co. Ltd. | 182487 | 290822 |
|  | Swancor Holding Co. Ltd. | 20000 | 46384 |
|  | Sweeten Real Estate Development Co. Ltd. | 24719 | 24109 |
|  | Symtek Automation Asia Co. Ltd. | 16730 | 81158 |
|  | Syncmold Enterprise Corp. | 45000 | 112277 |
|  | Synmosa Biopharma Corp. | 76091 | 76881 |
|  | Synnex Technology International Corp. | 300250 | 666116 |
|  | Syn-Tech Chem & Pharm Co. Ltd. | 8000 | 23326 |
|  | Syscom Computer Engineering Co. | 18000 | 35901 |
|  | Systex Corp. | 51000 | 192715 |
|  | T3EX Global Holdings Corp. | 35039 | 77526 |
|  | TA Chen Stainless Pipe | 472820 | 621454 |
|  | Ta Ya Electric Wire & Cable | 130382 | 146099 |
|  | Tah Hsin Industrial Corp. | 16011 | 32841 |
|  | TA-I Technology Co. Ltd. | 34750 | 50813 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  \* | Tai Tung Communication Co. Ltd. | 28511 | $18717 |
|  | Taichung Commercial Bank Co. Ltd. | 1428459 | 885930 |
|  | TaiDoc Technology Corp. | 16471 | 69023 |
|  # | Taiflex Scientific Co. Ltd. | 73280 | 102393 |
|  | Taimide Tech, Inc. | 34450 | 54777 |
|  | Tainan Enterprises Co. Ltd. | 37000 | 34765 |
|  | Tainan Spinning Co. Ltd. | 467240 | 175953 |
|  \* | Tainergy Tech Co. Ltd. | 16000 | 5018 |
|  | Tai-Saw Technology Co. Ltd. | 27000 | 16658 |
|  # | Taishin Financial Holding Co. Ltd. | 1962933 | 1025769 |
|  | TaiSol Electronics Co. Ltd. | 17000 | 26358 |
|  \* | Taisun Enterprise Co. Ltd. | 69000 | 44621 |
|  | TAI-TECH Advanced Electronics Co. Ltd. | 20000 | 59484 |
|  | Taiwan Business Bank | 2081027 | 921662 |
|  | Taiwan Chinsan Electronic Industrial Co. Ltd. | 41288 | 40247 |
|  | Taiwan Cogeneration Corp. | 139728 | 178543 |
|  | Taiwan Cooperative Financial Holding Co. Ltd. | 1434319 | 1095489 |
|  | Taiwan Environment Scientific Co. Ltd. | 19000 | 12700 |
|  | Taiwan FamilyMart Co. Ltd. | 14000 | 90991 |
|  | Taiwan Fertilizer Co. Ltd. | 231000 | 370529 |
|  | Taiwan Fire & Marine Insurance Co. Ltd. | 96000 | 103149 |
|  | Taiwan FU Hsing Industrial Co. Ltd. | 50000 | 74193 |
|  #\* | Taiwan Glass Industry Corp. | 400046 | 176054 |
|  | Taiwan High Speed Rail Corp. | 306000 | 259782 |
|  | Taiwan Hon Chuan Enterprise Co. Ltd. | 102149 | 494369 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Taiwan Hopax Chemicals Manufacturing Co. Ltd. | 60069 | $59897 |
|  †† | Taiwan Land Development Corp. | 269666 | 4237 |
|  | Taiwan Line Tek Electronic | 31390 | 20967 |
|  # | Taiwan Mask Corp. | 58000 | 56649 |
|  | Taiwan Mobile Co. Ltd. | 462000 | 1640334 |
|  | Taiwan Navigation Co. Ltd. | 88000 | 76126 |
|  | Taiwan Optical Platform Co. Ltd. | 5000 | 12542 |
|  | Taiwan Paiho Ltd. | 103000 | 188180 |
|  | Taiwan PCB Techvest Co. Ltd. | 101000 | 95031 |
|  | Taiwan Sakura Corp. | 51200 | 141282 |
|  | Taiwan Sanyo Electric Co. Ltd. | 28000 | 33235 |
|  | Taiwan Secom Co. Ltd. | 88000 | 315793 |
|  | Taiwan Semiconductor Co. Ltd. | 56000 | 81477 |
|  | Taiwan Semiconductor Manufacturing Co. Ltd. (2330 TT) | 1170000 | 33151425 |
|  | Taiwan Semiconductor Manufacturing Co. Ltd. (TSM US), Sponsored ADR | 103467 | 17246914 |
|  | Taiwan Shin Kong Security Co. Ltd. | 74560 | 95441 |
|  | Taiwan Speciality Chemicals Corp. | 6000 | 33136 |
|  \* | Taiwan Styrene Monomer | 119000 | 33532 |
|  # | Taiwan Surface Mounting Technology Corp. | 78800 | 252507 |
|  | Taiwan Taxi Co. Ltd. | 11292 | 47421 |
|  \* | Taiwan TEA Corp. | 281000 | 144110 |
|  | Taiwan Union Technology Corp. | 72000 | 307131 |
|  # | Taiwan-Asia Semiconductor Corp. | 117889 | 80306 |
|  | Taiyen Biotech Co. Ltd. | 42000 | 41298 |
|  #\* | Tatung Co. Ltd. | 318000 | 404385 |
|  | TCC Group Holdings Co. Ltd. | 923102 | 857846 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | TCI Co. Ltd. | 30256 | $140681 |
|  | Te Chang Construction Co. Ltd. | 29000 | 51930 |
|  | Teco Electric & Machinery Co. Ltd. | 440000 | 674302 |
|  | Tehmag Foods Corp. | 8560 | 80993 |
|  | Tera Autotech Corp. | 29187 | 20774 |
|  | Test Research, Inc. | 42000 | 140776 |
|  | Test Rite International Co. Ltd. | 62000 | 39522 |
|  | Thermaltake Technology Co. Ltd. | 19000 | 16458 |
|  | Thinking Electronic Industrial Co. Ltd. | 24000 | 96052 |
|  | Thye Ming Industrial Co. Ltd. | 44800 | 100467 |
|  | Ton Yi Industrial Corp. | 273000 | 154587 |
|  | Tong Hsing Electronic Industries Ltd. | 67233 | 222843 |
|  | Tong Yang Industry Co. Ltd. | 129000 | 530797 |
|  | Tong-Tai Machine & Tool Co. Ltd. | 85060 | 66518 |
|  | Top Union Electronics Corp. | 24539 | 25038 |
|  | Topco Scientific Co. Ltd. | 50288 | 386295 |
|  | Topco Technologies Corp. | 8000 | 16176 |
|  | Topkey Corp. | 26000 | 147649 |
|  | Topoint Technology Co. Ltd. | 65200 | 54819 |
|  | Toung Loong Textile Manufacturing | 15840 | 8559 |
|  \* | TPK Holding Co. Ltd. | 114000 | 109669 |
|  | Trade-Van Information Services Co. | 11000 | 30364 |
|  # | Transcend Information, Inc. | 57000 | 179165 |
|  | Transcom, Inc. | 9680 | 31604 |
|  | Tripod Technology Corp. | 149000 | 860287 |
|  | Trusval Technology Co. Ltd. | 7000 | 40984 |
|  | TSC Auto ID Technology Co. Ltd. | 10680 | 61868 |
|  # | TSEC Corp. | 149790 | 73408 |
|  | TSRC Corp. | 201000 | 117855 |
|  | Ttet Union Corp. | 12000 | 56691 |
|  | TTFB Co. Ltd. | 4989 | 30528 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | TTY Biopharm Co. Ltd. | 60000 | $144789 |
|  \* | Tul Corp. | 19000 | 35513 |
|  | Tung Ho Steel Enterprise Corp. | 248570 | 501986 |
|  | Tung Thih Electronic Co. Ltd. | 20900 | 43615 |
|  | TURVO International Co. Ltd. | 10410 | 56790 |
|  # | TXC Corp. | 99000 | 275011 |
|  # | TYC Brother Industrial Co. Ltd. | 116000 | 175607 |
|  | Tycoons Group Enterprise | 100991 | 25872 |
|  | Tyntek Corp. | 110000 | 54856 |
|  # | TZE Shin International Co. Ltd. | 42000 | 26277 |
|  \* | U-BEST Innovative Technology Co. Ltd. | 32000 | 14820 |
|  | UDE Corp. | 34000 | 87121 |
|  | U-Ming Marine Transport Corp. | 189000 | 310402 |
|  | Unic Technology Corp. | 28000 | 25761 |
|  | Unimicron Technology Corp. | 379000 | 1118075 |
|  # | Union Bank of Taiwan  | 720360 | 374863 |
|  \* | Union Insurance Co. Ltd. | 11000 | 9961 |
|  | Uni-President Enterprises Corp. | 1009560 | 2426137 |
|  | Unitech Computer Co. Ltd. | 14000 | 16858 |
|  \* | Unitech Printed Circuit Board Corp. | 208079 | 157571 |
|  \* | United Alloy-Tech Co. | 16000 | 23244 |
|  | United Integrated Services Co. Ltd. | 47000 | 648480 |
|  | United Microelectronics Corp. (2303 TT) | 847000 | 1188553 |
|  | United Orthopedic Corp. | 24422 | 68261 |
|  | United Recommend International Co. Ltd. | 16858 | 25159 |
|  \* | United Renewable Energy Co. Ltd. | 509206 | 136964 |
|  \*†† | Unity Opto Technology Co. Ltd. | 186000 | 0 |
|  | Univacco Technology, Inc. | 17000 | 26169 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Universal Cement Corp. | 213397 | $186796 |
|  | Universal Vision Biotechnology Co. Ltd. | 15476 | 86599 |
|  | UPC Technology Corp. | 248221 | 64675 |
|  | UPI Semiconductor Corp. | 4000 | 22995 |
|  | Userjoy Technology Co. Ltd. | 9794 | 28806 |
|  # | USI Corp. | 268204 | 85712 |
|  | Utechzone Co. Ltd. | 15000 | 43627 |
|  | UVAT Technology Co. Ltd. | 9000 | 21071 |
|  | Value Valves Co. Ltd. | 10000 | 26766 |
|  | Vanguard International Semiconductor Corp. | 264146 | 745687 |
|  | Ve Wong Corp. | 18000 | 21467 |
|  | Ventec International Group Co. Ltd. | 21000 | 44642 |
|  | Via Technologies, Inc. | 54000 | 122569 |
|  | Viking Tech Corp. | 16000 | 15780 |
|  | Visco Vision, Inc. | 13000 | 66920 |
|  | VisEra Technologies Co. Ltd. | 20000 | 126903 |
|  | Visual Photonics Epitaxy Co. Ltd. | 42500 | 132693 |
|  | Vivotek, Inc. | 9000 | 33002 |
|  | Vizionfocus, Inc. | 5000 | 31449 |
|  | Voltronic Power Technology Corp. | 15442 | 724095 |
|  # | Wafer Works Corp. | 203248 | 128064 |
|  # | Waffer Technology Corp. | 44789 | 70090 |
|  | Wah Hong Industrial Corp. | 27000 | 28030 |
|  | Wah Lee Industrial Corp. | 76500 | 227739 |
|  | Walsin Lihwa Corp. | 669038 | 433407 |
|  # | Walsin Technology Corp. | 105398 | 258948 |
|  | Walton Advanced Engineering, Inc. | 127000 | 48877 |
|  | Wan Hai Lines Ltd. | 136500 | 354787 |
|  \* | We&Win Diversification Co. Ltd. | 7000 | 4837 |
|  | WEI Chih Steel Industrial Co. Ltd. | 43000 | 24598 |
|  | Wei Chuan Foods Corp. | 104000 | 52889 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Weikeng Industrial Co. Ltd. | 134734 | $138259 |
|  | Well Shin Technology Co. Ltd. | 34000 | 62048 |
|  | Welldone Co. | 8000 | 12569 |
|  | Wholetech System Hitech Ltd. | 19000 | 51557 |
|  #\* | Win Semiconductors Corp. | 112840 | 319948 |
|  \* | Winbond Electronics Corp. | 961936 | 476831 |
|  | Winmate, Inc. | 13000 | 55548 |
|  | Winstek Semiconductor Co. Ltd. | 28000 | 79129 |
|  | WinWay Technology Co. Ltd. | 4000 | 106247 |
|  # | Wisdom Marine Lines Co. Ltd. | 158236 | 299342 |
|  # | Wiselink Co. Ltd. | 24795 | 72884 |
|  # | Wistron Corp. | 448288 | 1438447 |
|  | Wistron NeWeb Corp. | 112796 | 444839 |
|  | WITS Corp. | 10329 | 32313 |
|  | Wiwynn Corp. | 22000 | 1323988 |
|  | Wonderful Hi-Tech Co. Ltd. | 44357 | 50741 |
|  | Wowprime Corp. | 35184 | 244776 |
|  | WPG Holdings Ltd. | 425520 | 901500 |
|  | WT Microelectronics Co. Ltd. | 122829 | 449931 |
|  | WUS Printed Circuit Co. Ltd. | 70735 | 85632 |
|  | XinTec, Inc. | 16000 | 67097 |
|  | X-Legend Entertainment Co. Ltd. | 8000 | 24169 |
|  | Xxentria Technology Materials Corp. | 60813 | 96583 |
|  | Ya Horng Electronic Co. Ltd. | 6000 | 11136 |
|  | Yageo Corp. | 59293 | 850154 |
|  | Yang Ming Marine Transport Corp. | 243215 | 519623 |
|  | Yankey Engineering Co. Ltd. | 18022 | 227457 |
|  | YC INOX Co. Ltd. | 127511 | 84870 |
|  | Yea Shin International Development Co. Ltd. | 106352 | 113199 |
|  | Yem Chio Co. Ltd. | 153936 | 77662 |
|  | Yen Sun Technology Corp. | 11000 | 14462 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  \* | Yeong Guan Energy Technology Group Co. Ltd. | 48096 | $44132 |
|  | YFC-Boneagle Electric Co. Ltd. | 32321 | 22249 |
|  | YFY, Inc. | 469000 | 382975 |
|  | Yi Jinn Industrial Co. Ltd. | 97440 | 51910 |
|  # | Yieh Phui Enterprise Co. Ltd. | 373536 | 184778 |
|  | Yonyu Plastics Co. Ltd. | 28000 | 18138 |
|  | Young Fast Optoelectronics Co. Ltd. | 30000 | 47378 |
|  \* | Young Optics, Inc. | 14000 | 19566 |
|  | Youngtek Electronics Corp. | 30160 | 58252 |
|  | Yuan High-Tech Development Co. Ltd. | 6000 | 26775 |
|  | Yuanta Financial Holding Co. Ltd. | 1652336 | 1618893 |
|  | Yuanta Futures Co. Ltd. | 32099 | 82572 |
|  | Yuen Foong Yu Consumer Products Co. Ltd. | 35000 | 45184 |
|  # | Yulon Finance Corp. | 103223 | 348740 |
|  | Yulon Motor Co. Ltd. | 229536 | 282702 |
|  | Yung Chi Paint & Varnish Manufacturing Co. Ltd. | 14000 | 32983 |
|  # | Yungshin Construction & Development Co. Ltd. | 30000 | 116548 |
|  | YungShin Global Holding Corp. | 51800 | 106241 |
|  | Yusin Holding Corp. | 6643 | 22576 |
|  | Zeng Hsing Industrial Co. Ltd. | 23635 | 73592 |
|  | Zenitron Corp. | 78000 | 77587 |
|  | Zero One Technology Co. Ltd. | 40528 | 159476 |
|  | Zhen Ding Technology Holding Ltd. | 199400 | 610844 |
|  \* | Zig Sheng Industrial Co. Ltd. | 168000 | 50401 |
|  | ZillTek Technology Corp. | 8000 | 54582 |
|  \* | Zinwell Corp. | 137000 | 50678 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Zippy Technology Corp. | 45000 | $74884 |
|  | Zyxel Group Corp. | 108944 | 102542 |
|  TOTAL TAIWAN | TOTAL TAIWAN |  | 230863399 |
|  THAILAND — (0.4%) | THAILAND — (0.4%) |  |  |
|  | AAPICO Hitech PCL (AH/F TB) | 71300 | 25613 |
|  \* | Absolute Clean Energy PCL | 1035800 | 41240 |
|  | Advanced Info Service PCL | 74900 | 661443 |
|  | Advanced Information Technology PCL, Class F | 290300 | 35978 |
|  | AEON Thana Sinsap Thailand PCL | 29800 | 94115 |
|  | After You PCL | 82900 | 22335 |
|  | Airports of Thailand PCL | 115300 | 132023 |
|  | Allianz Ayudhya Capital PCL | 9200 | 9157 |
|  | Amata Corp. PCL | 237000 | 105002 |
|  | AP Thailand PCL | 765200 | 183254 |
|  | Asia Plus Group Holdings PCL | 679600 | 39264 |
|  | Asia Sermkij Leasing PCL | 19000 | 4067 |
|  | Asian Sea Corp. PCL | 80200 | 18486 |
|  | Asset World Corp. PCL | 915100 | 60267 |
|  \* | Assetwise PCL | 49300 | 9372 |
|  | B Grimm Power PCL | 143200 | 48441 |
|  | Bangchak Corp. PCL | 348900 | 373392 |
|  | Bangchak Sriracha PCL | 168500 | 26482 |
|  | Bangkok Airways PCL | 108200 | 51825 |
|  | Bangkok Bank PCL (BBLF TB) | 136900 | 573746 |
|  | Bangkok Bank PCL (BBLR TB), NVDR | 14800 | 62027 |
|  # | Bangkok Chain Hospital PCL | 173900 | 78608 |
|  # | Bangkok Commercial Asset Management PCL | 511200 | 97175 |
|  | Bangkok Dusit Medical Services PCL, Class F | 618200 | 444149 |
|  # | Bangkok Expressway & Metro PCL | 783640 | 138407 |
|  | Bangkok Land PCL | 3710800 | 45545 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | Bangkok Life Assurance PCL, NVDR | 92300 | $46419 |
|  | Banpu PCL | 1931033 | 248569 |
|  | Banpu Power PCL | 99800 | 20614 |
|  | BCPG PCL | 240000 | 49214 |
|  | BEC World PCL | 309452 | 37425 |
|  # | Berli Jucker PCL | 167550 | 119374 |
|  | Betagro PCL | 74000 | 52501 |
|  \* | Better World Green PCL | 1758200 | 13685 |
|  | BKI Holdings PCL | 15100 | 127472 |
|  | Bluebik Group PCL | 12900 | 11102 |
|  \* | BTS Group Holdings PCL | 440300 | 66562 |
|  | Bumrungrad Hospital PCL | 60900 | 300808 |
|  # | Cal-Comp Electronics Thailand PCL,<br>Class F | 656343 | 116906 |
|  | Carabao Group PCL | 45100 | 84381 |
|  | Central Pattana PCL | 154700 | 235025 |
|  | Central Plaza Hotel PCL | 77700 | 58150 |
|  | Central Retail Corp. PCL | 244175 | 173236 |
|  | CH Karnchang PCL | 232300 | 100138 |
|  | Charoen Pokphand Foods PCL | 451977 | 358551 |
|  # | Chularat Hospital PCL | 1069900 | 57010 |
|  | CK Power PCL | 429400 | 34707 |
|  | Com7 PCL | 208300 | 128453 |
|  | CP ALL PCL | 144800 | 223236 |
|  | CP Axtra PCL | 73228 | 55351 |
|  | Delta Electronics Thailand PCL | 175300 | 514276 |
|  | Dhipaya Group Holdings PCL | 151100 | 87299 |
|  | Diamond Building Products PCL | 85800 | 14897 |
|  | Dohome PCL | 78089 | 12623 |
|  | Don Muang Tollway PCL | 33300 | 10068 |
|  | Dynasty Ceramic PCL | 989220 | 46196 |
|  | Eastern Polymer Group PCL | 259000 | 20624 |
|  | Ekachai Medical Care PCL | 97682 | 18276 |
|  | Electricity Generating PCL | 36100 | 112390 |
|  #\* | Energy Absolute PCL | 841000 | 54883 |
|  | Erawan Group PCL | 614700 | 41955 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  # | Exotic Food PCL | 42200 | $20592 |
|  | Forth Corp. PCL | 108900 | 30644 |
|  | Frasers Property Thailand PCL | 25000 | 4902 |
|  | GFPT PCL | 118400 | 35798 |
|  | Global Green Chemicals PCL | 9500 | 1291 |
|  | Global Power Synergy PCL | 90531 | 84691 |
|  \* | Gulf Development PCL | 99189 | 145495 |
|  | Gunkul Engineering PCL | 948800 | 45161 |
|  | Haad Thip PCL | 60800 | 30031 |
|  | Hana Microelectronics PCL | 127600 | 73722 |
|  | Heng Leasing & Capital PCL | 169400 | 5173 |
|  | Home Product Center PCL | 768920 | 195654 |
|  # | Ichitan Group PCL | 223800 | 80395 |
|  | Index Livingmall PCL | 63600 | 26845 |
|  | Indorama Ventures PCL | 169601 | 96465 |
|  # | IRPC PCL | 3937200 | 102540 |
|  | IT City PCL | 21800 | 2271 |
|  # | I-TAIL Corp. PCL | 61200 | 23634 |
|  \* | Italian-Thai Development PCL | 1448300 | 12140 |
|  #\* | Jasmine International PCL | 294150 | 13384 |
|  \* | Jasmine Technology Solution PCL | 12300 | 15005 |
|  # | Jaymart Group Holdings PCL | 101700 | 26030 |
|  # | JMT Network Services PCL | 184980 | 76417 |
|  | Karmarts PCL | 394800 | 112277 |
|  | Kasikornbank PCL (KBANKF TB) | 27800 | 132738 |
|  | KCE Electronics PCL | 207800 | 108239 |
|  | KGI Securities Thailand PCL | 504800 | 59539 |
|  # | Khon Kaen Sugar Industry PCL | 625296 | 28452 |
|  | Kiatnakin Phatra Bank PCL | 73700 | 110313 |
|  | Krung Thai Bank PCL  | 502800 | 328126 |
|  # | Krungthai Card PCL | 128800 | 179291 |
|  | Lalin Property PCL | 23700 | 3547 |
|  | Land & Houses PCL (LHF TB) | 1263700 | 160398 |
|  | LH Financial Group PCL | 1555400 | 36318 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | Loxley PCL | 909200 | $28306 |
|  | LPN Development PCL | 565100 | 34172 |
|  | Major Cineplex Group PCL | 140100 | 41730 |
|  | Malee Group PCL | 56000 | 11651 |
|  | MBK PCL | 284412 | 131116 |
|  | MC Group PCL | 93300 | 28209 |
|  | MCS Steel PCL | 101800 | 23618 |
|  # | Mega Lifesciences PCL | 117700 | 106584 |
|  | Minor International PCL | 460546 | 368795 |
|  | MK Restaurants Group PCL | 87300 | 49654 |
|  \* | Mono Next PCL | 199600 | 9859 |
|  | Moshi Moshi Retail Corp. PLC | 9100 | 11578 |
|  | Muangthai Capital PCL | 103400 | 139291 |
|  | Netbay PCL | 27100 | 16387 |
|  | Ngern Tid Lor PCL | 234268 | 84156 |
|  | Noble Development PCL | 285199 | 18100 |
|  | Nonthavej Hospital PCL | 10100 | 8012 |
|  | Northeast Rubber PCL | 455400 | 55894 |
|  | NSL Foods PCL | 14900 | 14831 |
|  | Osotspa PCL | 210800 | 99705 |
|  # | Plan B Media PCL | 782564 | 112447 |
|  \* | Platinum Group PCL, Class F | 367600 | 15406 |
|  | Polyplex Thailand PCL | 171000 | 55797 |
|  | Praram 9 Hospital PCL | 83800 | 62715 |
|  # | Precious Shipping PCL | 252100 | 44526 |
|  | Prima Marine PCL | 355600 | 63338 |
|  | Property Perfect PCL | 2100385 | 6916 |
|  | Pruksa Holding PCL | 247300 | 35535 |
|  | PTG Energy PCL | 374700 | 79079 |
|  | PTT Exploration & Production PCL | 219900 | 654993 |
|  | PTT Global Chemical PCL | 441400 | 228595 |
|  # | PTT Oil & Retail Business PCL | 296300 | 128614 |
|  | PTT PCL | 1252500 | 1162326 |
|  | Quality Houses PCL | 2391732 | 107397 |
|  \* | Rabbit Holdings PCL, Class F | 2875634 | 26686 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | Rajthanee Hospital PCL | 75000 | $29636 |
|  # | Ratch Group PCL | 162300 | 127537 |
|  | Ratchaphruek Hospital PCL | 70600 | 11624 |
|  | Ratchthani Leasing PCL | 855510 | 37647 |
|  # | Regional Container Lines PCL | 140400 | 96248 |
|  | Rojana Industrial Park PCL | 322357 | 56452 |
|  | S Hotels & Resorts PCL | 530400 | 26992 |
|  | Sabina PCL | 43885 | 24567 |
|  | Saha Pathana Inter-Holding PCL | 18900 | 36069 |
|  | Saha Pathanapibul PCL | 6200 | 10997 |
|  | Sahamitr Pressure Container PCL | 69300 | 17426 |
|  | Saha-Union PCL | 22400 | 19279 |
|  | Saksiam Leasing PCL | 176300 | 20477 |
|  \* | Samart Corp. PCL | 126000 | 26215 |
|  | Sansiri PCL | 4857500 | 202123 |
|  # | Sappe PCL | 33800 | 35667 |
|  | SC Asset Corp. PCL | 852625 | 59215 |
|  | SCB X PCL | 51200 | 182392 |
|  †† | SCG Ceramics PCL | 312000 | 1775 |
|  | SCG Packaging PCL | 164800 | 69561 |
|  # | SCGJWD Logistics PCL | 77700 | 18375 |
|  | Sermsang Power Corp. Co. Ltd. | 81457 | 11705 |
|  | Siam Cement PCL, NVDR | 3600 | 17243 |
|  | Siam Cement PCL | 75700 | 362580 |
|  | Siam Global House PCL | 193489 | 40835 |
|  | Siam Wellness Group PCL | 183000 | 21036 |
|  | Siamgas & Petrochemicals PCL | 221200 | 46021 |
|  | Sikarin PCL, Class F | 149100 | 30351 |
|  \* | Singer Thailand PCL | 51800 | 10002 |
|  | SISB PCL | 63800 | 35333 |
|  \* | SKY ICT PCL | 62300 | 27602 |
|  | Somboon Advance Technology PCL | 74100 | 25732 |
|  | SPCG PCL | 175825 | 41581 |
|  # | Sri Trang Agro-Industry PCL | 243040 | 98220 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | Sri Trang Gloves Thailand PCL | 261300 | $53973 |
|  # | Srinanaporn Marketing PCL | 160000 | 58434 |
|  | Srisawad Capital 1969 PCL, Class F | 209300 | 9712 |
|  | Srisawad Corp. PCL | 150213 | 137150 |
|  | Srivichai Vejvivat PCL**.** | 36300 | 7607 |
|  | Star Petroleum Refining PCL | 482813 | 78771 |
|  \* | STP & I PCL | 412920 | 30903 |
|  # | Supalai PCL | 303900 | 143740 |
|  \* | Super Energy Corp. PCL | 5584020 | 23403 |
|  | SVI PCL | 101500 | 23852 |
|  | TAC Consumer PCL | 98800 | 13605 |
|  # | Taokaenoi Food & Marketing PCL, Class F | 197000 | 43640 |
|  | Thai Life Insurance PCL | 153300 | 56446 |
|  | Thai Oil PCL | 241284 | 193215 |
|  | Thai Stanley Electric PCL (STANLY/F TB), Class F | 8800 | 57429 |
|  | Thai Union Group PCL | 686200 | 221852 |
|  | Thai Vegetable Oil PCL | 55450 | 37680 |
|  #\* | Thaicom PCL | 188200 | 51268 |
|  | Thaifoods Group PCL | 489900 | 78460 |
|  | Thanachart Capital PCL | 97700 | 139655 |
|  # | Thoresen Thai Agencies PCL | 544900 | 67205 |
|  | Tipco Asphalt PCL (TASCO/F TB) | 132881 | 59668 |
|  | TIPCO Foods PCL | 96200 | 27070 |
|  # | Tisco Financial Group PCL (TISCO/F TB) | 37100 | 109118 |
|  | Tisco Financial Group PCL (TISCOR TB), NVDR | 31000 | 91177 |
|  | TKS Technologies PCL | 86100 | 14563 |
|  | TMBThanachart Bank PCL | 2923949 | 160180 |
|  | TOA Paint Thailand PCL | 134000 | 40916 |
|  # | TPI Polene PCL | 2384500 | 67099 |
|  | TPI Polene Power PCL | 801627 | 50394 |
|  | TQM Alpha PCL | 74800 | 37171 |
|  | Triple i Logistics PCL | 38800 | 5436 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  \* | True Corp. PCL, NVDR | 154200 | $55855 |
|  \* | True Corp. PCL | 709593 | 257030 |
|  | TTW PCL | 254500 | 67044 |
|  | Union Auction PCL | 164600 | 35477 |
|  | United Paper PCL | 73700 | 16768 |
|  | Univanich Palm Oil PCL | 213600 | 58507 |
|  #\* | VGI PCL | 515200 | 35164 |
|  | WHA Corp. PCL | 1220600 | 110349 |
|  | WHA Utilities & Power PCL | 205600 | 20434 |
|  #\* | Xspring Capital PCL | 1577100 | 37769 |
|  TOTAL THAILAND | TOTAL THAILAND |  | 18271029 |
|  TURKEY — (0.2%) | TURKEY — (0.2%) |  |  |
|  | Akbank TAS | 431233 | 547976 |
|  | Akcansa Cimento AS | 2348 | 8578 |
|  | Aksa Akrilik Kimya Sanayii AS | 254208 | 63244 |
|  | Aksa Enerji Uretim AS | 23194 | 18793 |
|  \* | Aksigorta AS | 75104 | 11799 |
|  # | Alarko Holding AS | 38338 | 91889 |
|  | Albaraka Turk Katilim Bankasi AS | 411937 | 64590 |
|  \* | Alkim Alkali Kimya AS**.** | 53714 | 20510 |
|  | Anadolu Anonim Turk Sigorta Sirketi | 41304 | 93924 |
|  | Anadolu Efes Biracilik Ve Malt Sanayii AS | 13237 | 55051 |
|  | Anadolu Hayat Emeklilik AS | 37705 | 78767 |
|  \* | Arcelik AS | 4722 | 13994 |
|  | ARD Grup Bilisim Teknolojileri AS | 21045 | 13802 |
|  | Aselsan Elektronik Sanayi Ve Ticaret AS | 20836 | 73403 |
|  | Aygaz AS | 2288 | 7614 |
|  \* | Bera Holding AS | 237186 | 89777 |
|  | BIM Birlesik Magazalar AS | 9443 | 110939 |
|  \* | Biotrend Cevre VE Enerji Yatirimlari AS | 18642 | 8860 |
|  | Borusan Yatirim ve Pazarlama AS | 421 | 23292 |
|  | Brisa Bridgestone Sabanci Sanayi ve Ticaret AS | 3447 | 7789 |
|  | Bursa Cimento Fabrikasi AS | 47810 | 9530 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  | Celebi Hava Servisi AS | 350 | $22954 |
|  | Cemtas Celik Makina Sanayi Ve Ticaret AS | 34288 | 15141 |
|  | Coca-Cola Icecek AS | 66132 | 89740 |
|  | Deva Holding AS | 4903 | 7233 |
|  | Dogan Sirketler Grubu Holding AS | 492406 | 200033 |
|  # | Dogus Otomotiv Servis ve Ticaret AS | 2591 | 13193 |
|  | Eczacibasi Yatirim Holding Ortakligi AS | 2051 | 9251 |
|  | EGE Endustri VE Ticaret AS | 118 | 27375 |
|  | EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS | 41357 | 47260 |
|  W | Enerjisa Enerji AS | 30781 | 43391 |
|  # | Enka Insaat ve Sanayi AS | 92855 | 154919 |
|  | Erbosan Erciyas Boru Sanayii ve Ticaret AS | 1914 | 7858 |
|  | Eregli Demir ve Celik Fabrikalari TAS | 162654 | 95513 |
|  | Escar Turizm Tasimacilik Ticaret AS | 14254 | 24819 |
|  \* | Europen Endustri Insaat Sanayi VE Ticaret AS | 70490 | 9767 |
|  \* | Fenerbahce Futbol AS | 1 | 1 |
|  # | Ford Otomotiv Sanayi AS | 1638 | 37792 |
|  | Global Yatirim Holding AS | 360837 | 69131 |
|  \* | Gozde Girisim Sermayesi Yatirim Ortakligi AS | 53484 | 24132 |
|  \* | GSD Holding AS | 65759 | 7186 |
|  #\* | Ipek Dogal Enerji Kaynaklari Arastirma Ve Uretim AS | 24192 | 41949 |
|  \* | Is Finansal Kiralama AS | 84577 | 27761 |
|  | Is Yatirim Menkul Degerler AS | 123776 | 116019 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  | Jantsa Jant Sanayi Ve Ticaret AS | 14466 | $8063 |
|  | Kalekim Kimyevi Maddeler Sanayi ve Ticaret AS | 14044 | 11140 |
|  \* | Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS (KRDMA TI), Class A | 38641 | 38947 |
|  #\* | Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS (KRDMD TI), Class D | 198891 | 120739 |
|  # | KOC Holding AS | 53668 | 193228 |
|  | Kocaer Celik Sanayi Ve Ticaret AS | 27412 | 8789 |
|  \* | Konya Cimento Sanayii AS | 70 | 11000 |
|  \* | Kordsa Teknik Tekstil AS | 17841 | 25587 |
|  \* | Koza Anadolu Metal Madencilik Isletmeleri AS | 19377 | 43717 |
|  | Lokman Hekim Engurusag Saglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS | 22284 | 9030 |
|  \* | Margun Enerji Uretim Sanayi VE Ticaret AS | 17170 | 11858 |
|  W | Mavi Giyim Sanayi Ve Ticaret AS, Class B | 138112 | 116300 |
|  #\* | MIA Teknoloji AS | 19115 | 17385 |
|  | Migros Ticaret AS | 4758 | 59333 |
|  \*W | MLP Saglik Hizmetleri AS | 5480 | 46649 |
|  \* | NET Holding AS | 46404 | 44298 |
|  | Nuh Cimento Sanayi AS | 6465 | 41084 |
|  \* | ODAS Elektrik Uretim ve Sanayi Ticaret AS | 119899 | 15077 |
|  \* | Orge Enerji Elektrik Taahhut AS | 5154 | 13279 |
|  \* | Oyak Cimento Fabrikalari AS | 68721 | 42066 |
|  \* | Pegasus Hava Tasimaciligi AS | 42673 | 248175 |
|  \* | Petkim Petrokimya Holding AS | 190463 | 80271 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  \* | Politeknik Metal Sanayi ve Ticaret AS | 48 | $7871 |
|  \* | Ral Yatirim Holding AS | 7326 | 22445 |
|  \* | Reysas Tasimacilik ve Lojistik Ticaret AS | 42672 | 16386 |
|  | Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS | 74551 | 36501 |
|  \* | Sasa Polyester Sanayi AS | 4 | 1 |
|  | Sekerbank Turk AS | 297514 | 40171 |
|  | Selcuk Ecza Deposu Ticaret ve Sanayi AS | 62356 | 104303 |
|  | Sok Marketler Ticaret AS | 46219 | 45338 |
|  | Suwen Tekstil Sanayi Pazarlama AS | 29210 | 8086 |
|  \* | TAV Havalimanlari Holding AS | 10591 | 63044 |
|  \* | Tekfen Holding AS | 67495 | 240417 |
|  \* | Teknosa Ic Ve Dis Ticaret AS | 29428 | 18210 |
|  # | Tofas Turk Otomobil Fabrikasi AS | 16778 | 87744 |
|  \* | Tumosan Motor ve Traktor Sanayi AS | 5955 | 12906 |
|  #\* | Turk Altin Isletmeleri AS | 30310 | 19725 |
|  \* | Turk Hava Yollari AO | 66244 | 491525 |
|  \* | Turk Telekomunikasyon AS | 70630 | 96487 |
|  | Turk Traktor ve Ziraat Makineleri AS | 510 | 8053 |
|  | Turkcell Iletisim Hizmetleri AS | 164166 | 385060 |
|  # | Turkiye Garanti Bankasi AS | 48988 | 131676 |
|  | Turkiye Is Bankasi AS, Class C | 1235332 | 332607 |
|  # | Turkiye Petrol Rafinerileri AS | 92661 | 301178 |
|  \* | Turkiye Sinai Kalkinma Bankasi AS | 135650 | 37005 |
|  | Turkiye Sise ve Cam Fabrikalari AS | 216994 | 193874 |
|  \* | Turkiye Vakiflar Bankasi TAO, Class D | 70573 | 38214 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  \* | Ulker Biskuvi Sanayi AS | 24539 | $68247 |
|  \* | Vestel Elektronik Sanayi ve Ticaret AS | 32970 | 34755 |
|  \* | Yapi ve Kredi Bankasi AS | 587344 | 349314 |
|  \* | Yatas Yatak ve Yorgan Sanayi ve Ticaret AS | 61645 | 37257 |
|  \* | Zorlu Enerji Elektrik Uretim AS | 297691 | 24815 |
|  TOTAL TURKEY | TOTAL TURKEY |  | 6965769 |
|  UNITED ARAB EMIRATES — (0.5%) | UNITED ARAB EMIRATES — (0.5%) |  |  |
|  | Abu Dhabi Commercial Bank PJSC | 414384 | 1313120 |
|  | Abu Dhabi Islamic Bank PJSC | 386084 | 1922223 |
|  | Abu Dhabi National Hotels | 1632177 | 231407 |
|  | Abu Dhabi National Insurance Co. PSC | 30930 | 51977 |
|  | Abu Dhabi National Oil Co. for Distribution PJSC | 663318 | 608704 |
|  \* | Abu Dhabi Ports Co. PJSC | 229769 | 248687 |
|  | Abu Dhabi Ship Building Co. PJSC | 20468 | 33695 |
|  | ADNOC Drilling Co. PJSC | 358586 | 478418 |
|  | Agility Global PLC | 682622 | 228297 |
|  | Agthia Group PJSC | 116608 | 143556 |
|  | Air Arabia PJSC | 766156 | 728981 |
|  | Ajman Bank PJSC | 257469 | 105880 |
|  \* | AL Seer Marine Supplies & Equipment Co. LLC | 68709 | 54713 |
|  | Aldar Properties PJSC | 150742 | 339464 |
|  | Alpha Dhabi Holding PJSC | 47419 | 146223 |
|  | Amanat Holdings PJSC | 473891 | 139275 |
|  | Americana Restaurants International PLC - Foreign Co. | 856240 | 526673 |
|  \* | Amlak Finance PJSC | 316009 | 72500 |
|  \*†† | Arabtec Holding PJSC | 67000 | 0 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |
|  \* | Aramex PJSC | 223999 | $169641 |
|  \* | Bank of Sharjah | 101412 | 25352 |
|  | Burjeel Holdings PLC | 329970 | 135722 |
|  | Dana Gas PJSC | 1875286 | 380406 |
|  | Deyaar Development PJSC | 530218 | 133194 |
|  | Dubai Electricity & Water Authority PJSC | 452504 | 330189 |
|  | Dubai Financial Market PJSC | 461958 | 172358 |
|  | Dubai Investments PJSC | 868434 | 549362 |
|  | Dubai Islamic Bank PJSC | 619453 | 1276253 |
|  | Emaar Development PJSC | 415278 | 1513366 |
|  | Emaar Properties PJSC | 913989 | 3265913 |
|  | Emirates Central Cooling Systems Corp. | 704662 | 309670 |
|  | Emirates Driving Co. | 104206 | 69448 |
|  | Emirates Integrated Telecommunications Co. PJSC | 208587 | 494449 |
|  | Emirates NBD Bank PJSC | 370341 | 2072605 |
|  \* | Emirates Reem Investments PJSC | 18399 | 13558 |
|  | Emirates Telecommunications Group Co. PJSC | 196636 | 931809 |
|  \* | EMSTEEL Building Materials PJSC | 609028 | 192553 |
|  \* | Eshraq Investments PJSC | 555277 | 68986 |
|  | Fertiglobe PLC | 347880 | 215254 |
|  | First Abu Dhabi Bank PJSC | 376780 | 1541636 |
|  \* | Ghitha Holding PJSC | 14099 | 68567 |
|  \* | Gulf Navigation Holding PJSC | 41242 | 60570 |
|  \* | Gulf Pharmaceutical Industries PSC | 102715 | 38382 |
|  \* | Manazel PJSC | 560892 | 53905 |
|  \* | Modon Holding PSC | 37995 | 31599 |
|  \* | Multiply Group PJSC | 754878 | 443514 |
|  | National Bank of Ras Al-Khaimah PSC | 9222 | 17073 |
|  | National Central Cooling Co. PJSC | 124456 | 89453 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |
|  \* | National Corp. for Tourism & Hotels | 86901 | $| 57706 |
|  | Palms Sports PrJSC | 10658 |  | 18783 |
|  \* | Presight AI Holding PLC | 79113 |  | 41766 |
|  \* | RAK Properties PJSC | 448701 |  | 155413 |
|  | Ras Al Khaimah Ceramics PJSC | 182772 |  | 123839 |
|  | Salik Co. PJSC | 319949 |  | 440828 |
|  \* | Space42 PLC | 314767 |  | 142256 |
|  | Taaleem Holdings PJSC | 29415 |  | 29108 |
|  | TECOM Group PJSC | 110219 |  | 93670 |
|  \* | Union Properties PJSC | 961862 |  | 149228 |
|  TOTAL UNITED ARAB EMIRATES | TOTAL UNITED ARAB EMIRATES |  |  | 23291177 |
|  UNITED KINGDOM — (8.0%) | UNITED KINGDOM — (8.0%) | UNITED KINGDOM — (8.0%) | UNITED KINGDOM — (8.0%) | UNITED KINGDOM — (8.0%) |
|  | 3i Group PLC | 57038 |  | 3233542 |
|  | 4imprint Group PLC | 9889 |  | 452953 |
|  | Aberdeen Group PLC | 621195 |  | 1226864 |
|  \* | Accesso Technology Group PLC | 1225 |  | 7781 |
|  \* | Accsys Technologies PLC | 1612 |  | 950 |
|  | Admiral Group PLC | 36517 |  | 1588214 |
|  | Advanced Medical Solutions Group PLC | 48082 |  | 123888 |
|  | AG Barr PLC | 27400 |  | 253540 |
|  W | Airtel Africa PLC | 262435 |  | 600581 |
|  | AJ Bell PLC | 107407 |  | 611279 |
|  W | Alfa Financial Software Holdings PLC | 42001 |  | 124873 |
|  | Allfunds Group PLC | 121224 |  | 684361 |
|  \* | Alliance Pharma PLC | 108493 |  | 93540 |
|  | Anglo American PLC | 140360 |  | 3831601 |
|  | Anglo-Eastern Plantations PLC | 7046 |  | 71606 |
|  | Anglogold Ashanti PLC (AU US) | 43909 |  | 1851203 |
|  | Antofagasta PLC | 26624 |  | 584278 |
|  \* | AO World PLC | 78261 |  | 102727 |
|  | Ashmore Group PLC | 100159 |  | 193552 |
|  | Ashtead Group PLC | 59713 |  | 3196581 |
|  | Ashtead Technology Holdings PLC | 15209 |  | 101424 |
|  #\* | ASOS PLC | 16329 |  | 62711 |
|  | Associated British Foods PLC | 38722 |  | 1067378 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  #\*W | Aston Martin Lagonda Global Holdings PLC | 39203 | $35339 |
|  | AstraZeneca PLC (AZN LN) | 47070 | 6743568 |
|  | AstraZeneca PLC (AZN US), Sponsored ADR | 92295 | 6625858 |
|  | Atalaya Mining Copper SA | 44749 | 218216 |
|  \* | Auction Technology Group PLC | 19370 | 150840 |
|  W | Auto Trader Group PLC | 163366 | 1835393 |
|  | Aviva PLC | 261096 | 1956238 |
|  | Avon Technologies PLC | 4262 | 77472 |
|  | Babcock International Group PLC | 167748 | 1807113 |
|  | BAE Systems PLC | 101491 | 2352829 |
|  W | Bakkavor Group PLC | 69648 | 160003 |
|  | Balfour Beatty PLC | 170034 | 1039992 |
|  | Barclays PLC (BARC LN) | 1157795 | 4612240 |
|  | Barratt Redrow PLC | 387669 | 2416802 |
|  | Beazley PLC | 239062 | 2832566 |
|  | Begbies Traynor Group PLC | 13528 | 16521 |
|  | Bellway PLC | 42909 | 1540507 |
|  | Berkeley Group Holdings PLC | 24000 | 1337837 |
|  | Bloomsbury Publishing PLC | 23687 | 188479 |
|  | Bodycote PLC | 41690 | 265141 |
|  #\* | boohoo Group PLC | 178266 | 51452 |
|  | BP PLC (BP LN) | 266095 | 1228665 |
|  | BP PLC (BP US), Sponsored ADR | 320952 | 8813342 |
|  | Braemar PLC | 11607 | 35019 |
|  | Breedon Group PLC | 79543 | 457632 |
|  W | Bridgepoint Group PLC | 42049 | 150738 |
|  | British American Tobacco PLC (BATS LN) | 137570 | 5992322 |
|  # | Brooks Macdonald Group PLC | 3134 | 61194 |
|  | BT Group PLC | 1724496 | 4002479 |
|  | Bunzl PLC | 21182 | 665634 |
|  | Burberry Group PLC | 97974 | 954147 |
|  | Burford Capital Ltd. | 36351 | 497500 |
|  | Bytes Technology Group PLC (BYI SJ) | 15371 | 104138 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |  |  |
|  | Bytes Technology Group PLC (BYIT LN) | 76000 | $516811 |
|  | Capital Ltd | 80305 | 72203 |
|  | Capricorn Energy PLC | 30070 | 99537 |
|  | Card Factory PLC | 107748 | 136558 |
|  \* | Carnival PLC (CCL LN) | 4905 | 82331 |
|  | Castings PLC | 1541 | 5266 |
|  | Central Asia Metals PLC | 66130 | 135692 |
|  | Centrica PLC | 1621757 | 3472233 |
|  | Chemring Group PLC | 38755 | 207004 |
|  | Chesnara PLC | 56933 | 195432 |
|  | Clarkson PLC | 5180 | 227679 |
|  \* | Close Brothers Group PLC | 42193 | 183485 |
|  W | CMC Markets PLC | 32124 | 104291 |
|  | Coats Group PLC | 473049 | 458113 |
|  | Coca-Cola Europacific Partners PLC | 33278 | 2998122 |
|  | Cohort PLC | 4887 | 89976 |
|  | Compass Group PLC | 102564 | 3457915 |
|  | Computacenter PLC | 24868 | 804311 |
|  | Conduit Holdings Ltd | 20557 | 94626 |
|  W | ConvaTec Group PLC | 173830 | 604348 |
|  | Costain Group PLC | 67870 | 99410 |
|  | Cranswick PLC | 13296 | 920227 |
|  | Crest Nicholson Holdings PLC | 104000 | 250489 |
|  | Croda International PLC | 7087 | 279759 |
|  \* | Currys PLC | 527609 | 781937 |
|  | CVS Group PLC | 19684 | 282893 |
|  \* | De La Rue PLC | 47772 | 82411 |
|  \* | DFS Furniture PLC | 79112 | 154126 |
|  | Diageo PLC (DEO US), Sponsored ADR | 17152 | 1921367 |
|  | Diageo PLC (DGE LN) | 34410 | 966246 |
|  | Diploma PLC | 10829 | 574603 |
|  | Direct Line Insurance Group PLC | 437042 | 1650708 |
|  | DiscoverIE Group PLC | 19238 | 145800 |
|  | Diversified Energy Co. PLC (DEC LN) | 8438 | 106296 |
|  | Domino's Pizza Group PLC | 74727 | 268804 |
|  | dotdigital group PLC | 66383 | 73434 |
|  | Dowlais Group PLC | 425460 | 330082 |
|  | Dr. Martens PLC | 55801 | 41127 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |  |  |
|  | Drax Group PLC | 135304 | $1116116 |
|  | Dunelm Group PLC | 43470 | 638366 |
|  | easyJet PLC | 69018 | 457592 |
|  | Ecora Resources PLC | 55621 | 40540 |
|  \* | EKF Diagnostics Holdings PLC | 10269 | 2947 |
|  | Elementis PLC | 141938 | 238573 |
|  # | Endeavour Mining PLC | 78484 | 2126342 |
|  # | Energean PLC | 56583 | 670319 |
|  \* | EnQuest PLC | 686836 | 124838 |
|  | Entain PLC | 112907 | 965235 |
|  | Epwin Group PLC | 22733 | 28043 |
|  | Essentra PLC | 68719 | 82600 |
|  \*†† | Evraz PLC | 100308 | 0 |
|  | Experian PLC | 95845 | 4768389 |
|  | FDM Group Holdings PLC | 36240 | 108443 |
|  | Firstgroup PLC | 307314 | 708851 |
|  | Flowtech Fluidpower PLC | 12279 | 8778 |
|  | Foresight Group Holdings Ltd | 22346 | 110938 |
|  W | Forterra PLC | 51264 | 127801 |
|  | Foxtons Group PLC | 89171 | 70457 |
|  \* | Frasers Group PLC | 33822 | 299055 |
|  | Fresnillo PLC | 56493 | 757151 |
|  | Fuller Smith & Turner PLC, Class A | 14301 | 107376 |
|  #\* | Fund Technologies PLC | 3342 | 79534 |
|  \*W | Funding Circle Holdings PLC | 61038 | 92759 |
|  | Future PLC | 36681 | 348840 |
|  | Galliford Try Holdings PLC | 20826 | 108339 |
|  | Games Workshop Group PLC | 10708 | 2205231 |
|  \* | Gaming Realms PLC | 58159 | 30814 |
|  | Gamma Communications PLC | 17469 | 311853 |
|  | GB Group PLC | 77440 | 253792 |
|  \* | Genel Energy PLC | 63993 | 47017 |
|  | Genuit Group PLC | 71508 | 364140 |
|  | Genus PLC | 1101 | 27056 |
|  \* | Georgia Capital PLC | 14057 | 304553 |
|  | Glencore PLC | 617938 | 2026055 |
|  | Gooch & Housego PLC | 9024 | 45334 |
|  | Goodwin PLC | 208 | 18823 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |  |  |
|  †† | Gracell Biotechnologies, Inc., ADR | 16505 | $1816 |
|  | Grainger PLC | 233555 | 670057 |
|  | Greggs PLC | 41462 | 1032196 |
|  \* | Griffin Mining Ltd. | 14013 | 35708 |
|  | GSK PLC (GSK LN) | 147543 | 2918806 |
|  # | GSK PLC (GSK US), Sponsored ADR | 110465 | 4402030 |
|  | Gulf Keystone Petroleum Ltd. | 100579 | 206118 |
|  \* | Gulf Marine Services PLC | 49766 | 11351 |
|  \*W | Gym Group PLC | 57835 | 111497 |
|  | H&T Group PLC | 11660 | 63538 |
|  | Haleon PLC (HLN LN) | 589865 | 2968124 |
|  | Haleon PLC (HLN US), ADR | 7340 | 74501 |
|  | Halfords Group PLC | 69518 | 143901 |
|  | Halma PLC | 17692 | 653041 |
|  | Harbour Energy PLC | 232426 | 475016 |
|  | Hargreaves Services PLC | 7815 | 63888 |
|  | Harworth Group PLC | 34642 | 81153 |
|  | Hays PLC | 236589 | 226014 |
|  | Headlam Group PLC | 18512 | 19419 |
|  | Helical PLC | 54773 | 157786 |
|  \* | Helios Towers PLC | 168720 | 242731 |
|  | Henry Boot PLC | 27912 | 81111 |
|  | Hikma Pharmaceuticals PLC | 32924 | 872471 |
|  | Hill & Smith PLC | 21306 | 512201 |
|  | Hilton Food Group PLC | 21966 | 261300 |
|  | Hiscox Ltd. | 106599 | 1568888 |
|  \* | Hochschild Mining PLC | 136754 | 514974 |
|  | Hollywood Bowl Group PLC | 66226 | 258629 |
|  \*W | Hostelworld Group PLC | 15138 | 21678 |
|  | Howden Joinery Group PLC | 194268 | 1997754 |
|  | HSBC Holdings PLC (HSBA LN) | 462320 | 5153656 |
|  # | HSBC Holdings PLC (HSBC US), Sponsored ADR | 138463 | 7765005 |
|  | Hunting PLC | 53076 | 183132 |
|  W | Ibstock PLC | 90995 | 218570 |
|  | IDOX PLC | 32237 | 23595 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |  |  |
|  | IG Group Holdings PLC | 122833 | $1750735 |
|  | IMI PLC | 98926 | 2347792 |
|  | Impax Asset Management Group PLC | 26454 | 53942 |
|  | Imperial Brands PLC | 120963 | 4963481 |
|  | Inchcape PLC | 126742 | 1135682 |
|  \* | Indivior PLC | 14579 | 165438 |
|  | Informa PLC | 123235 | 1203872 |
|  | IntegraFin Holdings PLC | 61568 | 251442 |
|  | InterContinental Hotels Group PLC (IHG LN) | 2901 | 309543 |
|  # | InterContinental Hotels Group PLC (IHG US), ADR | 13252 | 1429803 |
|  | Intermediate Capital Group PLC | 53725 | 1351386 |
|  | International Distribution Services PLC | 293304 | 1433367 |
|  # | International Paper Co | 55889 | 2542437 |
|  | International Personal Finance PLC | 80959 | 150885 |
|  | International Workplace Group PLC | 195447 | 483924 |
|  | Intertek Group PLC | 27973 | 1717959 |
|  | Investec PLC | 124986 | 784806 |
|  | iomart Group PLC | 17289 | 5804 |
|  \* | IP Group PLC | 249822 | 141589 |
|  #\* | IQE PLC | 250080 | 30300 |
|  #\* | ITM Power PLC | 11679 | 4797 |
|  | ITV PLC | 777530 | 838016 |
|  | J D Wetherspoon PLC | 32691 | 285871 |
|  | J Sainsbury PLC | 505272 | 1795794 |
|  \* | James Fisher & Sons PLC | 13516 | 54608 |
|  | James Halstead PLC | 41132 | 84274 |
|  | JD Sports Fashion PLC | 628814 | 662019 |
|  | JET2 PLC | 20824 | 440667 |
|  \* | John Wood Group PLC | 194931 | 47970 |
|  | Johnson Matthey PLC | 49163 | 846463 |
|  | Johnson Service Group PLC | 113318 | 212206 |
|  | Jupiter Fund Management PLC | 98687 | 95392 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |  |  |
|  | Just Group PLC | 331163 | $624632 |
|  | Kainos Group PLC | 19826 | 192996 |
|  | Keller Group PLC | 53847 | 1025366 |
|  | Kier Group PLC | 140860 | 273863 |
|  | Kingfisher PLC | 526024 | 2021771 |
|  | Kitwave Group PLC | 9363 | 37241 |
|  | Knights Group Holdings PLC | 8396 | 15125 |
|  | Lancashire Holdings Ltd. | 86660 | 652298 |
|  | Legal & General Group PLC | 697917 | 2197797 |
|  | Lion Finance Group PLC | 18144 | 1455383 |
|  | Liontrust Asset Management PLC | 15358 | 67617 |
|  | Lloyds Banking Group PLC (LLOY LN) | 6682958 | 6565857 |
|  | Lloyds Banking Group PLC (LYG US), ADR | 43364 | 171288 |
|  | London Investment Group PLC | 2223 | 10600 |
|  | London Stock Exchange Group PLC | 7836 | 1220155 |
|  | LSL Property Services PLC | 21252 | 79234 |
|  W | Luceco PLC | 17334 | 32052 |
|  | M&C Saatchi PLC | 26191 | 55196 |
|  | M&G PLC | 546606 | 1516769 |
|  | Macfarlane Group PLC | 47125 | 65202 |
|  | Man Group PLC | 303426 | 662275 |
|  | Marks & Spencer Group PLC | 778572 | 4045882 |
|  | Marshalls PLC | 64748 | 242838 |
|  \* | Marston's PLC | 259927 | 125082 |
|  \* | McBride PLC | 53087 | 102050 |
|  | Me Group International PLC | 106144 | 286777 |
|  | Mears Group PLC | 43229 | 223774 |
|  | Melrose Industries PLC | 78310 | 455240 |
|  \* | Metro Bank Holdings PLC | 34840 | 46767 |
|  | Midwich Group PLC | 19506 | 51426 |
|  \* | Mitchells & Butlers PLC | 102151 | 339006 |
|  | Mitie Group PLC | 362970 | 699939 |
|  | MJ Gleeson PLC | 17134 | 115925 |
|  \* | Mobico Group PLC | 182097 | 75614 |
|  | Mondi PLC | 53214 | 807747 |
|  | MONY Group PLC | 181767 | 491947 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |  |  |
|  | Moonpig Group PLC | 65807 | $201405 |
|  | Morgan Advanced Materials PLC | 95160 | 249852 |
|  | Morgan Sindall Group PLC | 10550 | 498691 |
|  | Mortgage Advice Bureau Holdings Ltd | 4769 | 51746 |
|  | MP Evans Group PLC | 12136 | 163803 |
|  | National Grid PLC (NG LN) | 77407 | 1117300 |
|  # | National Grid PLC (NGG US), Sponsored ADR | 23519 | 1716887 |
|  | NatWest Group PLC (NWG LN) | 555405 | 3572525 |
|  # | NatWest Group PLC (NWG US), Sponsored ADR | 158532 | 2048240 |
|  | NCC Group PLC | 81774 | 159999 |
|  | Next 15 Group PLC | 31599 | 109594 |
|  | Next PLC | 15976 | 2635665 |
|  \* | Nexxen International Ltd. | 968 | 9612 |
|  | Ninety One PLC | 124236 | 245911 |
|  | Norcros PLC | 29191 | 94598 |
|  \* | Ocado Group PLC | 19666 | 74299 |
|  W | On the Beach Group PLC | 31548 | 111491 |
|  | OSB Group PLC | 134233 | 853218 |
|  | Oxford Instruments PLC | 14863 | 327006 |
|  \* | Oxford Nanopore Technologies PLC | 26379 | 41940 |
|  | Pagegroup PLC | 113363 | 408862 |
|  | Pan African Resources PLC | 656500 | 389433 |
|  | Paragon Banking Group PLC | 89126 | 1006863 |
|  | PayPoint PLC | 13009 | 117451 |
|  # | Pearson PLC (PSO US), Sponsored ADR | 70351 | 1143204 |
|  | Pennon Group PLC | 93971 | 629071 |
|  \* | Pensana PLC | 13357 | 5167 |
|  | Persimmon PLC | 56559 | 978808 |
|  | Pets at Home Group PLC | 130203 | 412367 |
|  | Pharos Energy PLC | 34521 | 8768 |
|  | Phoenix Group Holdings PLC | 84946 | 679597 |
|  \* | Phoenix Spree Deutschland Ltd. | 14613 | 33614 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |  |  |
|  \* | Pinewood Technologies Group PLC | 25427 | $122739 |
|  \* | Playtech PLC | 56782 | 576244 |
|  | Polar Capital Holdings PLC | 33728 | 176930 |
|  | Pollen Street Group Ltd. | 2712 | 26478 |
|  | Porvair PLC | 4392 | 43447 |
|  | PPHE Hotel Group Ltd. | 4166 | 69365 |
|  | Premier Foods PLC | 262916 | 697046 |
|  | Prudential PLC (PRU LN) | 101805 | 1082470 |
|  | Prudential PLC (PUK US), ADR | 34364 | 730235 |
|  \* | PureTech Health PLC (PRTC LN) | 58683 | 95834 |
|  | PZ Cussons PLC | 37864 | 39402 |
|  | QinetiQ Group PLC | 120356 | 633504 |
|  W | Quilter PLC | 338446 | 608981 |
|  | Rank Group PLC | 70399 | 80302 |
|  | Rathbones Group PLC | 11268 | 237229 |
|  \*†† | Raven Property Group Ltd. | 39205 | 0 |
|  | Reach PLC | 169851 | 172176 |
|  | Reckitt Benckiser Group PLC | 81859 | 5283715 |
|  | Record PLC | 26759 | 18964 |
|  | RELX PLC (REL LN) | 38132 | 2081059 |
|  | RELX PLC (RELX US), Sponsored ADR | 40644 | 2220359 |
|  | RELX PLC (REN NA) | 48598 | 2645639 |
|  | Renew Holdings PLC | 14848 | 150294 |
|  | Renewi PLC | 26730 | 306802 |
|  | Renishaw PLC | 1962 | 58772 |
|  | Renold PLC | 76389 | 48531 |
|  | Rentokil Initial PLC | 191740 | 878417 |
|  | Ricardo PLC | 11713 | 38447 |
|  | Rightmove PLC | 235871 | 2329499 |
|  | Rio Tinto PLC (RIO LN) | 2919 | 173942 |
|  # | Rio Tinto PLC (RIO US), Sponsored ADR | 116683 | 6930970 |
|  | Robert Walters PLC | 14202 | 42983 |
|  \* | Rockhopper Exploration PLC | 200148 | 130393 |
|  | Rolls-Royce Holdings PLC | 561583 | 5684608 |
|  | Rotork PLC | 200906 | 818043 |
|  | RS Group PLC | 89755 | 618861 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |  |  |
|  | RWS Holdings PLC | 89535 | $80005 |
|  | S&U PLC | 1185 | 22654 |
|  #\* | S4 Capital PLC | 21078 | 7640 |
|  W | Sabre Insurance Group PLC | 54083 | 91180 |
|  \* | Saga PLC | 40900 | 71446 |
|  | Sage Group PLC | 95020 | 1575302 |
|  \* | Savannah Energy PLC | 205545 | 19860 |
|  | Savills PLC | 49686 | 616154 |
|  | Schroders PLC | 121231 | 534165 |
|  | Secure Trust Bank PLC | 4722 | 37325 |
|  | Senior PLC | 92036 | 169968 |
|  | Serco Group PLC | 387147 | 888489 |
|  | Serica Energy PLC | 29584 | 50218 |
|  | Severfield PLC | 94328 | 30228 |
|  | Severn Trent PLC | 29182 | 1085490 |
|  | Shell PLC (SHEL LN) | 31966 | 1031600 |
|  | Shell PLC (SHEL US), ADR | 408335 | 26329441 |
|  \* | SIG PLC | 245058 | 50846 |
|  \* | Sigmaroc PLC | 100353 | 121543 |
|  | Smith & Nephew PLC (SN LN) | 32509 | 457486 |
|  | Smith & Nephew PLC (SNN US), Sponsored ADR | 6181 | 173192 |
|  | Smiths Group PLC | 37720 | 939967 |
|  | Smiths News PLC | 30537 | 21680 |
|  | Softcat PLC | 48702 | 1087739 |
|  \* | SolGold PLC | 362160 | 32770 |
|  | Spectris PLC | 17884 | 478760 |
|  | Speedy Hire PLC | 195133 | 51091 |
|  | Spirax Group PLC | 7158 | 564179 |
|  W | Spire Healthcare Group PLC | 93859 | 242685 |
|  \* | Spirent Communications PLC | 77583 | 191285 |
|  | SSE PLC | 126645 | 2855347 |
|  | SSP Group PLC | 163655 | 324129 |
|  | St. James's Place PLC | 151699 | 1912218 |
|  | Standard Chartered PLC | 310696 | 4475034 |
|  | SThree PLC | 43306 | 140792 |
|  \* | Strix Group PLC | 55971 | 34702 |
|  \*†† | Studio Retail Group PLC | 7838 | 0 |
|  | STV Group PLC | 6164 | 13384 |
|  \* | Synthomer PLC | 46565 | 51210 |
|  | Tate & Lyle PLC | 109776 | 818159 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |  |  |
|  | Tatton Asset Management PLC | 8599 | $71145 |
|  | Taylor Wimpey PLC | 978939 | 1538214 |
|  | TBC Bank Group PLC | 15540 | 982820 |
|  | Team Internet Group PLC | 39440 | 29934 |
|  | Telecom Plus PLC | 25673 | 649104 |
|  | Tesco PLC | 1339874 | 6631039 |
|  \* | THG PLC | 151339 | 49959 |
|  | Topps Tiles PLC | 38488 | 16123 |
|  # | TORM PLC, Class A | 20902 | 348355 |
|  | TP ICAP Group PLC | 267269 | 917786 |
|  \*W | Trainline PLC | 86927 | 340496 |
|  | Travis Perkins PLC | 92333 | 689228 |
|  | Treatt PLC | 8368 | 28520 |
|  | Trifast PLC | 24484 | 21837 |
|  | TT Electronics PLC | 65123 | 63441 |
|  #\* | Tullow Oil PLC | 278819 | 47598 |
|  | Ultimate Products PLC | 6327 | 5405 |
|  # | Unilever PLC (UL US), Sponsored ADR | 127916 | 8129062 |
|  | Unilever PLC (ULVR LN) | 15104 | 961670 |
|  | Unilever PLC (UNA NA) | 15026 | 958210 |
|  | United Utilities Group PLC | 81690 | 1228157 |
|  \* | Vanquis Banking Group PLC | 77415 | 66271 |
|  | Vertu Motors PLC | 104508 | 86029 |
|  | Vesuvius PLC | 81499 | 372255 |
|  | Victorian Plumbing Group PLC | 23086 | 30121 |
|  | Victrex PLC | 15200 | 168720 |
|  \* | Videndum PLC | 15306 | 16379 |
|  \* | Vistry Group PLC | 98637 | 831603 |
|  | Vodafone Group PLC (VOD LN) | 2298768 | 2259000 |
|  # | Volex PLC | 34911 | 118783 |
|  | Volution Group PLC | 39770 | 301171 |
|  | Vp PLC | 1242 | 9776 |
|  \* | WAG Payment Solutions PLC | 17824 | 14159 |
|  \*W | Watches of Switzerland Group PLC | 65949 | 313772 |
|  \* | Watkin Jones PLC | 69828 | 29446 |
|  | Weir Group PLC | 36595 | 1103102 |
|  | WH Smith PLC | 41545 | 502741 |
|  | Whitbread PLC | 37882 | 1315681 |
|  | Wickes Group PLC | 91550 | 232707 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |  |  |
|  | Wilmington PLC | 8381 | $41270 |
|  \* | Wise PLC, Class A | 13801 | 181019 |
|  \*W | Wizz Air Holdings PLC | 1105 | 24105 |
|  | WPP PLC (WPP LN) | 55778 | 432422 |
|  # | WPP PLC (WPP US), Sponsored ADR | 16708 | 644260 |
|  \* | Xaar PLC | 14848 | 20607 |
|  | XPS Pensions Group PLC | 39143 | 200728 |
|  | Young & Co.'s Brewery PLC (YNGA LN), Class A | 6162 | 72447 |
|  | Young & Co.'s Brewery PLC (YNGN LN) | 7529 | 58936 |
|  | Zigup PLC | 78390 | 327317 |
|  | Zotefoams PLC | 4323 | 14244 |
|  TOTAL UNITED KINGDOM | TOTAL UNITED KINGDOM |  | 347784039 |
|  UNITED STATES — (0.1%) | UNITED STATES — (0.1%) |  |  |
|  \* | ADTRAN Holdings, Inc. | 21110 | 161818 |
|  | Alcoa Corp., CDI | 6068 | 151239 |
|  \* | Coeur Mining, Inc. | 62177 | 345082 |
|  #W | Coronado Global Resources, Inc., CDI | 114480 | 14278 |
|  \*W | HUUUGE, Inc. | 10756 | 52435 |
|  | Yum China Holdings, Inc. (9987 HK) | 24050 | 1123555 |
|  | Yum China Holdings, Inc. (YUMC US) | 63724 | 2759886 |
|  TOTAL UNITED STATES | TOTAL UNITED STATES |  | 4608293 |
|  TOTAL COMMON STOCKS | TOTAL COMMON STOCKS |  | 4149389279 |
|  PREFERRED STOCKS — (0.5%) | PREFERRED STOCKS — (0.5%) |  |  |
|  BRAZIL — (0.2%) | BRAZIL — (0.2%) |  |  |
|  | Alpargatas SA, 1.438% | 51093 | 66622 |
|  | Banco ABC Brasil SA, 7.581% | 30746 | 117563 |
|  W | Banco BMG SA, 10.131% | 88887 | 59674 |
|  | Banco Bradesco SA, 9.775% | 270363 | 654094 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  | Banco do Estado do Rio Grande do Sul SA, 9.502% | 79980 | $162070 |
|  | Banco Mercantil do Brasil SA, 6.310% | 6584 | 40930 |
|  | Banco Pan SA, 3.173% | 79299 | 106335 |
|  | Banco Pine SA, 10.291% | 35036 | 29633 |
|  \* | Braskem SA | 31500 | 59224 |
|  | Centrais Eletricas Brasileiras SA, 4.010% | 14000 | 118978 |
|  | Centrais Eletricas de Santa Catarina SA, 8.134% | 1700 | 24626 |
|  | Cia de Ferro Ligas da Bahia FERBASA, 7.259% | 59972 | 76614 |
|  | Cia De Sanena Do Parana, 5.195% | 179798 | 192624 |
|  | Cia Energetica de Minas Gerais, 10.929% | 221829 | 428011 |
|  | Cia Energetica do Ceara, 5.404% | 3900 | 17187 |
|  | Cia Paranaense de Energia - Copel Class B, 7.077% | 171936 | 349316 |
|  | Energisa SA, 6.888% | 193 | 287 |
|  | Eucatex SA Industria e Comercio, 5.851% | 26314 | 58283 |
|  | Gerdau SA, 5.337% | 60750 | 160461 |
|  | Isa Energia Brasil SA, 9.841% | 39563 | 167241 |
|  | Itau Unibanco Holding SA, 6.726% | 150642 | 944441 |
|  | Klabin SA, 3.777% | 3 | 2 |
|  | Marcopolo SA, 8.381% | 193536 | 240081 |
|  | Petroleo Brasileiro SA, 17.822% | 690394 | 3648347 |
|  | Raizen SA, 0.553% | 392743 | 125259 |
|  | Randon SA Implementos e Participacoes, 4.054% | 116953 | 184853 |
|  | Schulz SA, 7.575% | 27962 | 27001 |
|  | Taurus Armas SA, 5.969% | 20900 | 31230 |
|  | Track & Field Co. SA, 2.041% | 7000 | 14246 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  | Unipar Carbocloro SA, 9.231% | 7118 | $68444 |
|  \* | Usinas Siderurgicas de Minas Gerais SA Usiminas | 189393 | 184549 |
|  TOTAL BRAZIL | TOTAL BRAZIL |  | 8358226 |
|  CHILE — (0.0%) | CHILE — (0.0%) |  |  |
|  | Embotelladora Andina SA, 7.252% | 47804 | 204465 |
|  COLOMBIA — (0.0%) | COLOMBIA — (0.0%) |  |  |
|  | Grupo Aval Acciones y Valores SA, 3.937% | 235543 | 31996 |
|  | Grupo de Inversiones Suramericana SA, 3.782% | 11420 | 101834 |
|  TOTAL COLOMBIA | TOTAL COLOMBIA |  | 133830 |
|  GERMANY — (0.3%) | GERMANY — (0.3%) |  |  |
|  | Bayerische Motoren Werke AG, 8.479% | 9230 | 744831 |
|  W | Dr. Ing hc F Porsche AG, 5.225% | 11745 | 590440 |
|  | Draegerwerk AG & Co. KGaA, 3.010% | 2818 | 192019 |
|  | Einhell Germany AG, 1.478% | 1782 | 133030 |
|  | FUCHS SE, 2.506% | 24279 | 1217413 |
|  | Henkel AG & Co. KGaA, 2.969% | 22616 | 1756502 |
|  | Jungheinrich AG, 2.370% | 19888 | 722786 |
|  | Porsche Automobil Holding SE, 7.072% | 35499 | 1463654 |
|  | Sartorius AG, 0.326% | 362 | 93973 |
|  | Sixt SE, 6.712% | 6464 | 430506 |
|  | STO SE & Co. KGaA, 3.994% | 1089 | 155738 |
|  | Villeroy & Boch AG, 6.140% | 2636 | 51667 |
|  | Volkswagen AG, 9.469% | 34033 | 3703143 |
|  TOTAL GERMANY | TOTAL GERMANY |  | 11255702 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  PHILIPPINES — (0.0%) | PHILIPPINES — (0.0%) | PHILIPPINES — (0.0%) |  |
|  | Cebu Air, Inc., 6.000% | 55128 | $37556 |
|  TOTAL PREFERRED STOCKS | TOTAL PREFERRED STOCKS |  | 19989779 |
|  RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |  |  |
|  AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) |  |  |
|  \* | Imugene Ltd. Warrants 08/31/2026 | 22893 | 73 |
|  \* | Silver Mines Ltd. Rights 06/17/26 | 9517 | 0 |
|  TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 73 |
|  BRAZIL — (0.0%) | BRAZIL — (0.0%) |  |  |
|  \* | Banco Pine SA Warrants 12/31/2049 | 68 | 8 |
|  \* | Diagnosticos da America SA Warrants 04/30/2025 | 97 | 0 |
|  \* | Minerva SA Rights 05/29/2025 | 16692 | 5618 |
|  TOTAL BRAZIL | TOTAL BRAZIL |  | 5626 |
|  CANADA — (0.0%) | CANADA — (0.0%) |  |  |
|  \* | Constellation Software, Inc. Warrants 03/31/2040 | 1541 | 0 |
|  HONG KONG — (0.0%) | HONG KONG — (0.0%) |  |  |
|  \* | APAC Resources Ltd. Warrants 12/15/2027 | 38819 | 675 |
|  \* | CSI Properties Ltd. Warrants 04/07/2027 | 78000 | 131 |
|  TOTAL HONG KONG | TOTAL HONG KONG |  | 806 |
|  INDIA — (0.0%) | INDIA — (0.0%) |  |  |
|  \* | Advaita Allied Health Services Rights 05/22/2025 | 541 | 256 |
|  ITALY — (0.0%) | ITALY — (0.0%) |  |  |
|  #\* | Webuild SpA Warrants 08/02/2030 | 6942 | 0 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  MALAYSIA — (0.0%) | MALAYSIA — (0.0%) |  |  |
|  \* | Supermax Corp. Bhd. Warrants 03/01/2030 | 30093 | $1709 |
|  PORTUGAL — (0.0%) | PORTUGAL — (0.0%) |  |  |
|  #\* | EDP Renovaveis SA Rights 05/07/2025 | 50660 | 5165 |
|  SOUTH KOREA — (0.0%) | SOUTH KOREA — (0.0%) |  |  |
|  \* | Chabiotech Co. Ltd. Rights 06/05/2025 | 1089 | 2628 |
|  \* | Samsung SDI Co. Ltd. Rights 05/22/2025 | 1133 | 27458 |
|  TOTAL SOUTH KOREA | TOTAL SOUTH KOREA |  | 30086 |
|  SPAIN — (0.0%) | SPAIN — (0.0%) |  |  |
|  \* | Obrascon Huarte Lain SA Rights 05/15/2025 | 118232 | 630 |
|  THAILAND — (0.0%) | THAILAND — (0.0%) |  |  |
|  \* | Asia Sermkij Leasing PCL Rights 05/19/2025 | 6333 | 28 |
|  \* | Better World Green PCL Warrants | 293033 | 0 |
|  \* | Better World Green PCL Warrants 03/13/2026 | 293033 | 0 |
|  \* | Better World Green PCL Warrants 08/13/2025 | 293033 | 88 |
|  \* | Jasmine International PCL Warrants 10/10/2031 | 756525 | 8379 |
|  \* | MBK PCL Rights 05/16/2025 | 28441 | 681 |
|  \* | Northeast Rubber PCL Warrants 05/15/2026 | 46367 | 250 |
|  \* | VGI PCL Warrants 09/03/2025 | 122415 | 2639 |
|  TOTAL THAILAND | TOTAL THAILAND |  | 12065 |
|  TOTAL RIGHTS/WARRANTS | TOTAL RIGHTS/WARRANTS |  | 56416 |
|  TOTAL INVESTMENT SECURITIES<br>(Cost $3,068,880,233) | TOTAL INVESTMENT SECURITIES<br>(Cost $3,068,880,233) |  | 4169435474 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value†** |
|  SECURITIES LENDING COLLATERAL — (4.5%) | SECURITIES LENDING COLLATERAL — (4.5%) | SECURITIES LENDING COLLATERAL — (4.5%) |
|  @§ The DFA Short Term Investment Fund | 17071507 | $197431975 |
|  TOTAL INVESTMENTS — (100.0%)<br>(Cost $3,266,332,806) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $3,266,332,806) | $4366867449 |

---

As of April 30, 2025, World ex U.S. Core Equity Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **<u>Description</u>** | **Number of<br>Contracts** | **Expiration<br>Date** | **Notional** <br> **Value** | **Market** <br> **Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Position Contracts:** |  |  |  |  |  |
|  S&P 500<sup>®</sup> Emini Index | 135 | 06/20/25 | $38456324 | $37712250 | $(744074) |
|  **Total Futures Contracts** |  |  | $**38456324** | $**37712250** | $**(744074)** |

---

As of April 30, 2025, the value of Rule 144A securities amounted to $117,615,599 or 2.8% of net assets.

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Assets** |  |  |  |  |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Australia | $2995981 | $173133467 | $9493 | $176138941 |
| &nbsp;&nbsp;&nbsp;&nbsp; Austria |  | 18109168 |  | 18109168 |
| &nbsp;&nbsp;&nbsp;&nbsp; Belgium | 130791 | 34798422 |  | 34929213 |
| &nbsp;&nbsp;&nbsp;&nbsp; Brazil | 41838470 |  |  | 41838470 |
| &nbsp;&nbsp;&nbsp;&nbsp; Canada | 314827340 | 1243399 |  | 316070739 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chile | 6878513 | 16370 |  | 6894883 |
| &nbsp;&nbsp;&nbsp;&nbsp; China | 19260614 | 292175039 | 10868 | 311446521 |
| &nbsp;&nbsp;&nbsp;&nbsp; Colombia | 1295501 |  |  | 1295501 |
| &nbsp;&nbsp;&nbsp;&nbsp; Czech Republic |  | 1805030 |  | 1805030 |
| &nbsp;&nbsp;&nbsp;&nbsp; Denmark | 17051 | 72211644 |  | 72228695 |
| &nbsp;&nbsp;&nbsp;&nbsp; Egypt | 91799 | 149845 |  | 241644 |
| &nbsp;&nbsp;&nbsp;&nbsp; Finland | 470602 | 50753008 |  | 51223610 |
| &nbsp;&nbsp;&nbsp;&nbsp; France | 77785 | 215958260 |  | 216036045 |
| &nbsp;&nbsp;&nbsp;&nbsp; Germany | 401616 | 249073753 |  | 249475369 |
| &nbsp;&nbsp;&nbsp;&nbsp; Greece |  | 6402244 |  | 6402244 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hong Kong | 13113 | 64276952 | 33000 | 64323065 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hungary | 3722 | 3183343 |  | 3187065 |
| &nbsp;&nbsp;&nbsp;&nbsp; India | 10058196 | 234854577 |  | 244912773 |
| &nbsp;&nbsp;&nbsp;&nbsp; Indonesia | 67428 | 19166211 | 16863 | 19250502 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ireland | 803397 | 19403377 |  | 20206774 |
| &nbsp;&nbsp;&nbsp;&nbsp; Israel | 1830735 | 27530954 |  | 29361689 |
| &nbsp;&nbsp;&nbsp;&nbsp; Italy |  | 84607330 |  | 84607330 |
| &nbsp;&nbsp;&nbsp;&nbsp; Japan | 1480473 | 640440583 |  | 641921056 |
| &nbsp;&nbsp;&nbsp;&nbsp; Kuwait |  | 10715634 |  | 10715634 |
| &nbsp;&nbsp;&nbsp;&nbsp; Liechtenstein |  | 643002 |  | 643002 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| &nbsp;&nbsp;&nbsp;&nbsp; Luxembourg | $314708 | $11377837 |  | $11692545 |
| &nbsp;&nbsp;&nbsp;&nbsp; Malaysia |  | 20079119 | $24 | 20079143 |
| &nbsp;&nbsp;&nbsp;&nbsp; Mexico | 25364534 | 136030 |  | 25500564 |
| &nbsp;&nbsp;&nbsp;&nbsp; Netherlands | 19341136 | 96287356 |  | 115628492 |
| &nbsp;&nbsp;&nbsp;&nbsp; New Zealand |  | 9552418 |  | 9552418 |
| &nbsp;&nbsp;&nbsp;&nbsp; Norway | 29464 | 20176488 | 7113 | 20213065 |
| &nbsp;&nbsp;&nbsp;&nbsp; Peru | 470646 |  |  | 470646 |
| &nbsp;&nbsp;&nbsp;&nbsp; Philippines | 19691 | 8631497 | 1497 | 8652685 |
| &nbsp;&nbsp;&nbsp;&nbsp; Poland | 22591 | 17640070 |  | 17662661 |
| &nbsp;&nbsp;&nbsp;&nbsp; Portugal |  | 9178978 |  | 9178978 |
| &nbsp;&nbsp;&nbsp;&nbsp; Qatar |  | 10003537 |  | 10003537 |
| &nbsp;&nbsp;&nbsp;&nbsp; Saudi Arabia | 33169 | 42251228 |  | 42284397 |
| &nbsp;&nbsp;&nbsp;&nbsp; Singapore | 16686 | 32931331 |  | 32948017 |
| &nbsp;&nbsp;&nbsp;&nbsp; South Africa. | 1625832 | 36777519 |  | 38403351 |
| &nbsp;&nbsp;&nbsp;&nbsp; South Korea | 354455 | 130624229 | 44260 | 131022944 |
| &nbsp;&nbsp;&nbsp;&nbsp; Spain | 457467 | 81177156 |  | 81634623 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sweden | 104159 | 84902995 |  | 85007154 |
| &nbsp;&nbsp;&nbsp;&nbsp; Switzerland | 27011609 | 207393781 |  | 234405390 |
| &nbsp;&nbsp;&nbsp;&nbsp; Taiwan | 17384410 | 213474752 | 4237 | 230863399 |
| &nbsp;&nbsp;&nbsp;&nbsp; Thailand | 272721 | 17996533 | 1775 | 18271029 |
| &nbsp;&nbsp;&nbsp;&nbsp; Turkey |  | 6965769 |  | 6965769 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Arab Emirates |  | 23291177 |  | 23291177 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Kingdom | 85276061 | 262506162 | 1816 | 347784039 |
| &nbsp;&nbsp;&nbsp;&nbsp; United States | 3104968 | 1503325 |  | 4608293 |
|  Preferred Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Brazil | 8358226 |  |  | 8358226 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chile | 204465 |  |  | 204465 |
| &nbsp;&nbsp;&nbsp;&nbsp; Colombia | 133830 |  |  | 133830 |
| &nbsp;&nbsp;&nbsp;&nbsp; Germany |  | 11255702 |  | 11255702 |
| &nbsp;&nbsp;&nbsp;&nbsp; Philippines |  | 37556 |  | 37556 |
|  Rights/Warrants |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Australia |  | 73 |  | 73 |
| &nbsp;&nbsp;&nbsp;&nbsp; Brazil |  | 5626 |  | 5626 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hong Kong |  | 806 |  | 806 |
| &nbsp;&nbsp;&nbsp;&nbsp; India |  | 256 |  | 256 |
| &nbsp;&nbsp;&nbsp;&nbsp; Malaysia |  | 1709 |  | 1709 |
| &nbsp;&nbsp;&nbsp;&nbsp; Portugal |  | 5165 |  | 5165 |
| &nbsp;&nbsp;&nbsp;&nbsp; South Korea |  | 30086 |  | 30086 |
| &nbsp;&nbsp;&nbsp;&nbsp; Spain |  | 630 |  | 630 |
| &nbsp;&nbsp;&nbsp;&nbsp; Thailand |  | 12065 |  | 12065 |
|  Securities Lending Collateral |  | 197431975 |  | 197431975 |
|  Total Investments in Securities | $592443955 | $3774292548 | $130,946<> | $4366867449 |
|  **Financial Instruments Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts\*\* | (744074) |  |  | (744074) |
|  Total Financial Instruments | $(744074) |  |  | $(744074) |

---

\*\* Valued at the unrealized appreciation/(depreciation) on the investment.

---

| | |
|:---|:---|
| <> | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.  |

---

See accompanying Notes to Financial Statements.

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COMMON STOCKS — (97.8%) | COMMON STOCKS — (97.8%) |  |  |
|  AUSTRALIA — (4.0%) | AUSTRALIA — (4.0%) |  |  |
|  #\* | 29Metals Ltd. | 75580 | $5785 |
|  | Adairs Ltd. | 39033 | 59030 |
|  \* | AIC Mines Ltd. | 50290 | 11276 |
|  \* | Ainsworth Game Technology Ltd. | 37289 | 22873 |
|  \* | Alkane Resources Ltd. | 107105 | 55113 |
|  #\* | Alliance Aviation Services Ltd. | 17216 | 30235 |
|  \* | AMA Group Ltd. | 648392 | 25707 |
|  | Amotiv Ltd. | 6581 | 32633 |
|  | AMP Ltd. | 657343 | 542936 |
|  \* | Amplitude Energy Ltd. | 1021643 | 120870 |
|  | Ampol Ltd. | 1903 | 28896 |
|  | Ansell Ltd. | 42983 | 833851 |
|  #\* | Appen Ltd. | 5840 | 2997 |
|  | ARN Media Ltd. | 46336 | 16599 |
|  | AUB Group Ltd. | 13475 | 275152 |
|  \* | Aurelia Metals Ltd. | 386915 | 72831 |
|  | Aurizon Holdings Ltd. | 414028 | 810548 |
|  | Aussie Broadband Ltd. | 46808 | 122970 |
|  \* | Austal Ltd. | 116886 | 396013 |
|  # | Austin Engineering Ltd. | 125433 | 35028 |
|  #\* | Australian Agricultural Co. Ltd. | 93256 | 85504 |
|  \* | AVJennings Ltd. | 29896 | 12346 |
|  # | Baby Bunting Group Ltd. | 10539 | 10565 |
|  | Bank of Queensland Ltd. | 128317 | 612953 |
|  | Bapcor Ltd. | 67148 | 218172 |
|  \* | BCI Minerals Ltd. | 375416 | 66186 |
|  | Beach Energy Ltd. | 488606 | 367788 |
|  \* | Beacon Minerals Ltd. | 563983 | 9426 |
|  | Bega Cheese Ltd. | 86735 | 313754 |
|  | Bell Financial Group Ltd. | 35130 | 28812 |
|  | Bendigo & Adelaide Bank Ltd. | 152298 | 1089514 |
|  | BlueScope Steel Ltd. | 105930 | 1622473 |
|  | Brickworks Ltd. | 21859 | 352113 |
|  | Capral Ltd. | 4333 | 28149 |
|  | Cedar Woods Properties Ltd. | 19289 | 69168 |
|  | Challenger Ltd. | 95914 | 434602 |
|  | Champion Iron Ltd. | 66745 | 195114 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |  |  |
|  | Civmec Australia Ltd. | 27600 | $15544 |
|  | Cleanaway Waste Management Ltd. | 12233 | 20358 |
|  #\* | Coast Entertainment Holdings Ltd. | 97301 | 25227 |
|  | Collins Foods Ltd. | 1573 | 8281 |
|  # | Corporate Travel Management Ltd. | 23832 | 194615 |
|  | Domain Holdings Australia Ltd. | 56973 | 156651 |
|  | Downer EDI Ltd. | 182509 | 666463 |
|  | Dyno Nobel Ltd. | 353436 | 513048 |
|  | Eagers Automotive Ltd. | 14562 | 171862 |
|  \*†† | Elanor Investor Group | 28014 | 11126 |
|  | Elders Ltd. | 62351 | 252556 |
|  \* | Emeco Holdings Ltd. | 52156 | 25439 |
|  \* | EML Payments Ltd. | 49860 | 31206 |
|  # | Endeavour Group Ltd. | 223940 | 572818 |
|  # | EQT Holdings Ltd. | 7588 | 157692 |
|  | Eureka Group Holdings Ltd. (EGH AU) | 59005 | 18857 |
|  | Euroz Hartleys Group Ltd. | 33893 | 18535 |
|  | Evolution Mining Ltd. | 26097 | 130877 |
|  | EVT Ltd. | 11377 | 102420 |
|  \* | Fenix Resources Ltd. | 55372 | 10072 |
|  # | Finbar Group Ltd. | 36407 | 17876 |
|  \* | FleetPartners Group Ltd. | 87968 | 156966 |
|  | Fleetwood Ltd. | 26550 | 49430 |
|  | G8 Education Ltd. | 273689 | 220053 |
|  | Gold Road Resources Ltd. | 8725 | 16928 |
|  | GrainCorp Ltd., Class A | 64503 | 274624 |
|  # | GWA Group Ltd. | 51348 | 78053 |
|  | Hafnia Ltd. | 60809 | 280305 |
|  | Harvey Norman Holdings Ltd. | 166956 | 558192 |
|  \* | Healius Ltd. | 319717 | 297665 |
|  | Helia Group Ltd. | 111378 | 345206 |
|  | Horizon Oil Ltd. | 246669 | 29216 |
|  # | IGO Ltd. | 120347 | 301541 |
|  | Iluka Resources Ltd. | 58111 | 153959 |
|  \* | Insignia Financial Ltd. | 214014 | 515698 |
|  | Integral Diagnostics Ltd. | 21927 | 33909 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |  |  |
|  | IPH Ltd. | 39302 | $114795 |
|  | IVE Group Ltd. | 53279 | 89869 |
|  \* | Judo Capital Holdings Ltd. | 112230 | 127955 |
|  | Jupiter Mines Ltd. | 345508 | 33126 |
|  # | Karoon Energy Ltd. | 145688 | 134113 |
|  | Kelsian Group Ltd. | 31883 | 55391 |
|  | Lendlease Corp. Ltd. | 122676 | 413359 |
|  | Lifestyle Communities Ltd. | 7783 | 35552 |
|  | Lindsay Australia Ltd. | 45124 | 20532 |
|  # | Maas Group Holdings Ltd. | 22369 | 56644 |
|  | Macmahon Holdings Ltd. | 268775 | 46593 |
|  | Magellan Financial Group Ltd. | 31742 | 155617 |
|  | Maxiparts Ltd. | 15650 | 20908 |
|  \* | Mayne Pharma Group Ltd. | 14881 | 66901 |
|  \* | McPherson's Ltd. | 30963 | 5241 |
|  #\* | Metals X Ltd. | 140780 | 50904 |
|  | Metcash Ltd. | 161382 | 332410 |
|  #\* | Michael Hill International Ltd. (MHJ AU) | 48154 | 12326 |
|  \* | Michael Hill International Ltd. (MHJ NZ) | 12726 | 3266 |
|  | Monash IVF Group Ltd. | 136070 | 73259 |
|  #\* | Mount Gibson Iron Ltd. | 222928 | 44296 |
|  | Myer Holdings Ltd. | 186448 | 86014 |
|  | MyState Ltd. | 17033 | 42547 |
|  | New Hope Corp. Ltd. | 117511 | 275663 |
|  | Nickel Industries Ltd. | 301789 | 108982 |
|  | Nine Entertainment Co. Holdings Ltd. | 267113 | 244798 |
|  | NRW Holdings Ltd. | 97031 | 168182 |
|  | Nufarm Ltd. | 126704 | 312816 |
|  \* | OFX Group Ltd. | 33221 | 24086 |
|  \* | OM Holdings Ltd. | 28351 | 5879 |
|  \* | Omni Bridgeway Ltd. | 36763 | 34374 |
|  | oOh!media Ltd. | 128698 | 126089 |
|  | Orora Ltd. | 226349 | 262253 |
|  #\* | Paragon Care Ltd. | 97452 | 26212 |
|  | Peet Ltd. | 121341 | 110480 |
|  #\* | PeopleIN Ltd. | 10159 | 4968 |
|  | Perenti Ltd. | 256008 | 223895 |
|  | Perpetual Ltd. | 19496 | 207119 |
|  | Perseus Mining Ltd. | 369302 | 791492 |
|  \* | PEXA Group Ltd. | 38288 | 295009 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |  |  |
|  # | Platinum Asset Management Ltd. | 65609 | $23895 |
|  | Premier Investments Ltd. | 360 | 4795 |
|  # | Propel Funeral Partners Ltd. | 4931 | 16319 |
|  | Qube Holdings Ltd. | 68598 | 173670 |
|  | Ramelius Resources Ltd. | 403878 | 679648 |
|  # | Ramsay Health Care Ltd. | 23623 | 502949 |
|  \*†† | Regional Express Holdings Ltd. | 9110 | 1225 |
|  \* | Regis Resources Ltd. | 123246 | 356315 |
|  | Reliance Worldwide Corp. Ltd. | 190448 | 511977 |
|  \* | Resolute Mining Ltd. | 673288 | 219787 |
|  | Ridley Corp. Ltd. | 61836 | 93473 |
|  \* | Sandfire Resources Ltd. | 189549 | 1207216 |
|  \* | Select Harvests Ltd. | 38724 | 126942 |
|  | Service Stream Ltd. | 215920 | 258603 |
|  | Shaver Shop Group Ltd. | 17609 | 14352 |
|  | Sigma Healthcare Ltd. | 7770 | 14994 |
|  | Sims Ltd. (SGM AU) | 29519 | 275530 |
|  | Southern Cross Electrical Engineering Ltd. | 64303 | 77118 |
|  \*†† | SpeedCast International Ltd. | 40831 | 0 |
|  | Super Retail Group Ltd. | 12069 | 103508 |
|  \* | Superloop Ltd. | 149022 | 238325 |
|  | Tabcorp Holdings Ltd. | 712684 | 254015 |
|  | Ten Sixty Four Ltd. | 76973 | 5424 |
|  | TPG Telecom Ltd. | 88578 | 286821 |
|  #\* | Tyro Payments Ltd. | 113726 | 58859 |
|  \* | Vault Minerals Ltd. | 899872 | 247617 |
|  W | Viva Energy Group Ltd. | 71096 | 78172 |
|  \* | Webjet Group Ltd. | 82773 | 33905 |
|  \* | West African Resources Ltd. | 311032 | 476007 |
|  | Westgold Resources Ltd. | 148073 | 281298 |
|  # | Whitehaven Coal Ltd. | 227209 | 726782 |
|  | Worley Ltd. | 95634 | 761924 |
|  | Yancoal Australia Ltd. | 89948 | 286814 |
|  TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 29093444 |
|  AUSTRIA — (0.8%) | AUSTRIA — (0.8%) |  |  |
|  | Addiko Bank AG | 2488 | 55796 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  AUSTRIA — (Continued) | AUSTRIA — (Continued) |  |  |
|  | Agrana Beteiligungs AG | 3562 | $47986 |
|  \* | ams-OSRAM AG | 1068 | 9481 |
|  W | BAWAG Group AG | 7806 | 855600 |
|  | Erste Group Bank AG | 3600 | 243798 |
|  \* | Eurotelesites AG | 700 | 3975 |
|  | EVN AG | 2402 | 62858 |
|  \* | FACC AG | 1289 | 10242 |
|  | Kontron AG | 8109 | 197049 |
|  \* | Lenzing AG | 1150 | 36167 |
|  | Mayr Melnhof Karton AG | 919 | 85148 |
|  | OMV AG | 18812 | 972648 |
|  | Palfinger AG | 1142 | 37222 |
|  | Porr AG | 4003 | 140168 |
|  | Raiffeisen Bank International AG | 35341 | 944004 |
|  | Schoeller-Bleckmann Oilfield Equipment AG | 662 | 23522 |
|  | Strabag SE (STR AV) | 1617 | 141842 |
|  | Telekom Austria AG | 13178 | 139210 |
|  | UNIQA Insurance Group AG | 24307 | 281662 |
|  | Vienna Insurance Group AG Wiener Versicherung Gruppe | 9137 | 434578 |
|  | voestalpine AG | 25012 | 659117 |
|  | Wienerberger AG | 3674 | 129001 |
|  TOTAL AUSTRIA | TOTAL AUSTRIA |  | 5511074 |
|  BELGIUM — (1.3%) | BELGIUM — (1.3%) |  |  |
|  | Ackermans & van Haaren NV | 6826 | 1669553 |
|  | Ageas SA | 52470 | 3290721 |
|  | Azelis Group NV | 706 | 10939 |
|  | Barco NV | 9848 | 134748 |
|  | Bekaert SA | 12618 | 486884 |
|  # | bpost SA | 21157 | 33929 |
|  | Cie d'Entreprises CFE | 2176 | 18977 |
|  | Colruyt Group NV | 12680 | 609752 |
|  | Deceuninck NV | 17296 | 41980 |
|  | Deme Group NV | 1450 | 217350 |
|  | Econocom Group SA NV | 19313 | 40051 |
|  | Greenyard NV | 6487 | 52454 |
|  | Jensen-Group NV | 940 | 45749 |
|  \* | Ontex Group NV | 29953 | 245891 |
|  | Proximus SADP | 25992 | 199635 |
|  | Recticel SA | 6934 | 83965 |
|  | Roularta Media Group NV | 337 | 5863 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  BELGIUM — (Continued) | BELGIUM — (Continued) |  |  |
|  | Sipef NV | 1661 | $120785 |
|  # | Solvay SA | 8361 | 316401 |
|  | Syensqo SA | 10559 | 755315 |
|  | Tessenderlo Group SA | 3696 | 109389 |
|  | Titan Cement International SA (TITC GA) | 5589 | 259457 |
|  | Umicore SA | 22476 | 204308 |
|  | VGP NV | 2846 | 263330 |
|  | Viohalco SA | 1948 | 12122 |
|  | What's Cooking BV | 159 | 19545 |
|  #\*W | X-Fab Silicon Foundries SE | 4159 | 23190 |
|  TOTAL BELGIUM | TOTAL BELGIUM |  | 9272283 |
|  BRAZIL — (0.7%) | BRAZIL — (0.7%) |  |  |
|  | Anima Holding SA | 78300 | 44012 |
|  | Atacadao SA | 81983 | 123513 |
|  \* | Automob Participacoes SA | 82775 | 3938 |
|  | Bemobi Mobile Tech SA | 9900 | 32988 |
|  \* | Blau Farmaceutica SA | 4000 | 9099 |
|  | Boa Safra Sementes SA | 9500 | 17292 |
|  | BrasilAgro - Co. Brasileira de Propriedades Agricolas | 9721 | 36279 |
|  | Brava Energia | 21223 | 64920 |
|  | Brisanet Servicos de Telecomunicacoes SA | 14200 | 6956 |
|  | C&A Modas SA | 27200 | 63793 |
|  | Camil Alimentos SA | 26300 | 20205 |
|  \* | Cia Brasileira de Aluminio | 46700 | 32339 |
|  \* | Cia Brasileira de Distribuicao | 43863 | 32694 |
|  | Cia Siderurgica Nacional SA (CSNA3 BZ) | 24831 | 40691 |
|  | Cogna Educacao SA | 328500 | 149341 |
|  | Cosan SA | 160700 | 220019 |
|  | Cruzeiro do Sul Educacional SA | 40965 | 29523 |
|  | CSU Digital SA | 11000 | 33280 |
|  | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 61218 | 267410 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  W | Desktop SA | 21000 | $34154 |
|  | Dexco SA | 54859 | 53456 |
|  | Dimed SA Distribuidora da Medicamentos | 7500 | 12132 |
|  \* | Embraer SA (EMBR3 BZ) | 40126 | 459015 |
|  | Empreendimentos Pague Menos SA | 42953 | 24976 |
|  | Even Construtora e Incorporadora SA | 18597 | 18842 |
|  | Ez Tec Empreendimentos e Participacoes SA | 16235 | 37990 |
|  | Fleury SA | 13700 | 31358 |
|  \* | Gafisa SA | 10803 | 2665 |
|  | Gerdau SA, Sponsored ADR | 162427 | 423934 |
|  | Grendene SA | 36629 | 35886 |
|  \* | Grupo Casas Bahia SA | 2799 | 2683 |
|  | Grupo SBF SA | 30100 | 56274 |
|  | Guararapes Confeccoes SA | 17200 | 24670 |
|  \*W | Hapvida Participacoes e Investimentos SA | 381100 | 155794 |
|  \* | Hidrovias do Brasil SA | 53321 | 28469 |
|  | Hypera SA | 55100 | 234181 |
|  | Iochpe Maxion SA | 15800 | 34300 |
|  | Irani Papel e Embalagem SA | 9300 | 13159 |
|  \* | IRB-Brasil Resseguros SA | 21989 | 185321 |
|  | Jalles Machado SA | 14200 | 10009 |
|  | JHSF Participacoes SA | 58376 | 52769 |
|  | JSL SA | 17000 | 20190 |
|  | Lavvi Empreendimentos Imobiliarios SA | 19500 | 35872 |
|  | Lojas Quero-Quero SA | 7445 | 3621 |
|  | Lojas Renner SA | 122186 | 314553 |
|  W | LWSA SA | 75225 | 47851 |
|  | M Dias Branco SA | 8800 | 39339 |
|  | Melnick Even Desenvolvimento Imobiliario SA | 13300 | 7593 |
|  | Mills Locacao Servicos e Logistica SA | 12800 | 22915 |
|  | Moura Dubeux Engenharia SA | 11800 | 34224 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  | Movida Participacoes SA | 3876 | $4829 |
|  \* | MRV Engenharia e Participacoes SA | 74300 | 77506 |
|  | Natura & Co. Holding SA | 133178 | 223170 |
|  \* | Oceanpact Servicos Maritimos SA | 15100 | 14421 |
|  | Pet Center Comercio e Participacoes SA | 36500 | 29907 |
|  | Petroreconcavo SA | 21266 | 48114 |
|  | Positivo Tecnologia SA | 18900 | 20481 |
|  \* | PRIO SA | 3800 | 22572 |
|  \* | Qualicorp Consultoria e Corretora de Seguros SA | 41500 | 15064 |
|  | Romi SA | 9887 | 15958 |
|  | Sao Martinho SA | 32600 | 112072 |
|  W | Ser Educacional SA | 32700 | 34514 |
|  | Trisul SA | 16000 | 19622 |
|  | Tupy SA | 19896 | 75200 |
|  | Unifique Telecomunicacoes SA | 14500 | 9990 |
|  \* | Usinas Siderurgicas de Minas Gerais SA Usiminas | 9900 | 9612 |
|  | Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA | 9600 | 41867 |
|  | Vamos Locacao de Caminhoes Maquinas e Equipamentos SA | 71893 | 62327 |
|  | Vibra Energia SA | 121505 | 402508 |
|  | Wiz Co | 10400 | 10940 |
|  | YDUQS Participacoes SA | 36471 | 91834 |
|  \* | Zamp SA | 24900 | 13777 |
|  TOTAL BRAZIL | TOTAL BRAZIL |  | 5042772 |
|  CANADA — (8.1%) | CANADA — (8.1%) |  |  |
|  | Acadian Timber Corp. | 3300 | 41340 |
|  | ADENTRA, Inc. | 5960 | 116770 |
|  | ADF Group, Inc. | 1385 | 6108 |
|  #\* | Advantage Energy Ltd. | 96400 | 684576 |
|  | Aecon Group, Inc. | 18709 | 219036 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) |  |  |
|  # | Ag Growth International, Inc. | 1700 | $40965 |
|  | AGF Management Ltd., Class B | 22400 | 166708 |
|  #\* | Air Canada | 1000 | 10134 |
|  | Alamos Gold, Inc. (AGI CN), Class A | 14739 | 421343 |
|  | Alaris Equity Partners Income | 11300 | 158853 |
|  | Algoma Central Corp. | 3700 | 41332 |
|  | AltaGas Ltd. | 73260 | 2168147 |
|  | Altius Minerals Corp. | 12949 | 254453 |
|  | Amerigo Resources Ltd. | 35600 | 44674 |
|  | ARC Resources Ltd. | 157602 | 2916310 |
|  \* | Athabasca Oil Corp. | 119071 | 392124 |
|  | AtkinsRealis Group, Inc. | 3728 | 184615 |
|  #\* | ATS Corp. (ATS US) | 3721 | 93620 |
|  #\* | AutoCanada, Inc. | 3000 | 33926 |
|  | B2Gold Corp. (BTG US) | 253374 | 787993 |
|  | B2Gold Corp. (BTO CN) | 24417 | 76336 |
|  | Baytex Energy Corp. | 61388 | 94847 |
|  | Birchcliff Energy Ltd. | 44387 | 181270 |
|  | Bird Construction, Inc. | 159 | 2435 |
|  | Black Diamond Group Ltd. | 11000 | 64950 |
|  | Boralex, Inc., Class A | 17614 | 391224 |
|  \* | CAE, Inc. (CAE CN) | 4653 | 116409 |
|  | Calian Group Ltd. | 2307 | 79622 |
|  \* | Calibre Mining Corp. | 4107 | 9623 |
|  | Canaccord Genuity Group, Inc. | 22000 | 134847 |
|  \* | Canacol Energy Ltd. | 6190 | 13335 |
|  | Canadian Tire Corp. Ltd., Class A | 9731 | 1065003 |
|  #\* | Canfor Corp. | 28724 | 274405 |
|  \* | Capstone Copper Corp. | 79818 | 384442 |
|  | Cardinal Energy Ltd. | 36370 | 151432 |
|  | Cascades, Inc. | 44980 | 288099 |
|  \* | Celestica, Inc. (CLS CN) | 1064 | 90787 |
|  \* | Celestica, Inc. (CLS US) | 3621 | 309052 |
|  | Centerra Gold, Inc. | 72600 | 486071 |
|  | CES Energy Solutions Corp. | 72335 | 319017 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) |  |  |
|  | China Gold International Resources Corp. Ltd. (2099 HK) | 48900 | $308642 |
|  | China Gold International Resources Corp. Ltd. (CGG CN) | 61049 | 381280 |
|  \* | Cipher Pharmaceuticals, Inc. | 2347 | 23017 |
|  | Cogeco Communications, Inc. | 3001 | 147590 |
|  | Cogeco, Inc. | 14077 | 654735 |
|  \* | Conifex Timber, Inc. | 8294 | 2015 |
|  #\* | Cronos Group, Inc. (CRON CN) | 21600 | 40580 |
|  #\* | Cronos Group, Inc. (CRON US) | 34844 | 65507 |
|  | Definity Financial Corp. | 18390 | 917899 |
|  | dentalcorp Holdings Ltd. | 14423 | 87986 |
|  | Dexterra Group, Inc. | 4400 | 27384 |
|  | Doman Building Materials Group Ltd. | 18957 | 94606 |
|  \* | Dorel Industries, Inc., Class B | 5500 | 6623 |
|  | DREAM Unlimited Corp., Class A | 10000 | 137894 |
|  | Dundee Precious Metals, Inc. | 59238 | 776462 |
|  | Dye & Durham Ltd. | 7073 | 45867 |
|  | Dynacor Group, Inc. | 10400 | 35833 |
|  | E-L Financial Corp. Ltd. | 500 | 490425 |
|  \* | Eldorado Gold Corp. (EGO US) | 22207 | 418380 |
|  \* | Eldorado Gold Corp. (ELD CN) | 40242 | 757209 |
|  | Empire Co. Ltd., Class A | 32978 | 1224774 |
|  \* | Endeavour Silver Corp. (EXK US) | 22869 | 83243 |
|  | Enerflex Ltd. (EFX CN) | 43626 | 285439 |
|  \* | Ensign Energy Services, Inc. | 69588 | 90859 |
|  # | EQB, Inc. | 8265 | 571404 |
|  \* | Equinox Gold Corp. (EQX CN) | 18476 | 124237 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) |  |  |
|  \* | Equinox Gold Corp. (EQX US) | 47407 | $317627 |
|  \* | ERO Copper Corp. (ERO US) | 20077 | 250360 |
|  | Exchange Income Corp. | 3833 | 140853 |
|  | Exco Technologies Ltd. | 7000 | 28942 |
|  | Finning International, Inc. | 36989 | 1043988 |
|  # | First Majestic Silver Corp. (AG US) | 41840 | 261918 |
|  | First Majestic Silver Corp. (FR CN) | 14361 | 89691 |
|  \* | First Quantum Minerals Ltd. | 45716 | 613813 |
|  \* | Fortuna Mining Corp. (FSM US) | 85224 | 532650 |
|  \* | Fortuna Mining Corp. (FVI CN) | 80 | 499 |
|  | Frontera Energy Corp. | 8385 | 30290 |
|  \* | Galiano Gold, Inc. | 46170 | 62627 |
|  | Gamehost, Inc. | 1600 | 11536 |
|  \* | GDI Integrated Facility Services, Inc. | 2229 | 50786 |
|  \* | GoGold Resources, Inc. | 37647 | 48335 |
|  \* | Haivision Systems, Inc. | 6400 | 18848 |
|  # | Headwater Exploration, Inc. | 21400 | 86929 |
|  | High Liner Foods, Inc. | 6800 | 83557 |
|  | Hudbay Minerals, Inc. (HBM CN) | 80845 | 588185 |
|  | Hudbay Minerals, Inc. (HBM US) | 2760 | 20065 |
|  | iA Financial Corp., Inc. | 29944 | 2908821 |
|  \* | IAMGOLD Corp. (IAG US) | 63068 | 446521 |
|  \* | IAMGOLD Corp. (IMG CN) | 62872 | 445568 |
|  | IGM Financial, Inc. | 14933 | 474550 |
|  | Innergex Renewable Energy, Inc. | 29469 | 290287 |
|  \* | Interfor Corp. | 15644 | 150698 |
|  \* | International Petroleum Corp. (IPCO CN) | 952 | 12672 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) |  |  |
|  \* | International Petroleum Corp. (IPCO SS) | 26974 | $368590 |
|  | K-Bro Linen, Inc. | 1900 | 48251 |
|  \* | Kelt Exploration Ltd. | 39690 | 160937 |
|  | Kinross Gold Corp. (K CN) | 162271 | 2395339 |
|  | Kinross Gold Corp. (KGC US) | 155750 | 2298870 |
|  \* | Knight Therapeutics, Inc. | 18099 | 79822 |
|  \* | Kolibri Global Energy, Inc. | 2926 | 19845 |
|  | KP Tissue, Inc. | 3200 | 18546 |
|  | Lassonde Industries, Inc., Class A | 1100 | 165375 |
|  | Laurentian Bank of Canada | 12596 | 249983 |
|  | Leon's Furniture Ltd. | 8521 | 142161 |
|  #\* | Lightspeed Commerce, Inc. (LSPD US) | 11684 | 114503 |
|  \*†† | Lightstream Resources Ltd. | 32000 | 0 |
|  # | Linamar Corp. | 11084 | 406746 |
|  \* | Lucara Diamond Corp. | 96116 | 24402 |
|  | Lundin Mining Corp. | 177526 | 1452556 |
|  | Magellan Aerospace Corp. | 4379 | 43199 |
|  # | Magna International, Inc. (MGA US) | 39766 | 1382266 |
|  \* | Major Drilling Group International, Inc. | 14091 | 89129 |
|  \* | Mandalay Resources Corp. | 16200 | 63221 |
|  | Maple Leaf Foods, Inc. | 13493 | 246938 |
|  | Martinrea International, Inc. | 23584 | 125567 |
|  \* | Mattr Corp. | 24476 | 169020 |
|  \* | MDA Space Ltd. | 22285 | 434999 |
|  | MEG Energy Corp. | 78509 | 1101381 |
|  | Melcor Developments Ltd. | 4500 | 39464 |
|  | Methanex Corp. (MEOH US) | 8492 | 265715 |
|  | Methanex Corp. (MX CN) | 6800 | 213086 |
|  | MTY Food Group, Inc. | 2444 | 76887 |
|  | Mullen Group Ltd. | 11901 | 113174 |
|  | National Bank of Canada | 1008 | 88513 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) |  |  |
|  | Neo Performance Materials, Inc | 5581 | $45382 |
|  \* | New Gold, Inc. (NGD CN) | 171422 | 682654 |
|  | North American Construction Group Ltd. (NOA CN) | 3100 | 47222 |
|  | North American Construction Group Ltd. (NOA US) | 1700 | 25823 |
|  | Northland Power, Inc. | 53838 | 731456 |
|  \* | NuVista Energy Ltd. | 53200 | 453431 |
|  \* | Obsidian Energy Ltd. (OBE US) | 9575 | 40311 |
|  | OceanaGold Corp. | 281030 | 994797 |
|  | Osisko Gold Royalties Ltd. (OR CN) | 5966 | 142983 |
|  # | Pan American Silver Corp. (PAAS CN) | 52992 | 1334218 |
|  | Paramount Resources Ltd., Class A | 19972 | 226720 |
|  | Parex Resources, Inc. | 29536 | 237813 |
|  | Parkland Corp. | 33200 | 836382 |
|  | Pason Systems, Inc. | 6100 | 48584 |
|  | Petrus Resources Ltd. | 7000 | 6499 |
|  | Peyto Exploration & Development Corp. | 52912 | 662456 |
|  | PHX Energy Services Corp. | 11400 | 62598 |
|  | Pizza Pizza Royalty Corp. | 8600 | 89206 |
|  | Polaris Renewable Energy, Inc. | 7900 | 68594 |
|  \* | Precision Drilling Corp. (PD CN) | 580 | 24267 |
|  #\* | Precision Drilling Corp. (PDS US) | 1865 | 77808 |
|  | Premium Brands Holdings Corp. | 7720 | 438975 |
|  \* | Quarterhill, Inc. | 33599 | 34364 |
|  | Richelieu Hardware Ltd. | 9200 | 217621 |
|  | Rogers Sugar, Inc. | 27030 | 110779 |
|  | Russel Metals, Inc. | 17634 | 511650 |
|  | Sandstorm Gold Ltd. (SAND US) | 12649 | 110046 |
|  | Sandstorm Gold Ltd. (SSL CN) | 10010 | 87059 |
|  \* | Sangoma Technologies Corp. | 2812 | 15788 |
|  | Saputo, Inc. | 45538 | 888562 |
|  | Savaria Corp. | 7394 | 93109 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) |  |  |
|  | Secure Waste Infrastructure Corp. | 74611 | $710607 |
|  \* | Spartan Delta Corp. | 9800 | 19193 |
|  W | Spin Master Corp. | 4770 | 84356 |
|  \* | SSR Mining, Inc. (SSRM CN) | 43129 | 459264 |
|  \*W | STEP Energy Services Ltd. | 9547 | 27008 |
|  | Superior Plus Corp. | 29800 | 149584 |
|  | Supremex, Inc. | 4400 | 12288 |
|  | Surge Energy, Inc. | 9700 | 32859 |
|  \* | Taiga Building Products Ltd. | 11800 | 33039 |
|  | Tamarack Valley Energy Ltd. | 137999 | 357360 |
|  \* | Taseko Mines Ltd. (TKO CN) | 74112 | 168265 |
|  | TELUS Corp. | 416 | 6403 |
|  \* | Torex Gold Resources, Inc. | 25846 | 837098 |
|  | Total Energy Services, Inc. | 6901 | 44351 |
|  | Transcontinental, Inc., Class A | 26393 | 359922 |
|  | Trican Well Service Ltd. | 59975 | 176194 |
|  | Triple Flag Precious Metals Corp. (TFPM CN) | 3500 | 72635 |
|  | Triple Flag Precious Metals Corp. (TFPM US) | 854 | 17755 |
|  \* | Trisura Group Ltd. (TSU CN) | 8006 | 219808 |
|  \* | Valeura Energy, Inc. | 2110 | 11510 |
|  | Veren, Inc. (VRN CN) | 62306 | 368792 |
|  # | Veren, Inc. (VRN US) | 76183 | 450242 |
|  | Vermilion Energy, Inc. (VET US) | 36800 | 221904 |
|  | VersaBank (VBNK CN) | 3835 | 42534 |
|  \* | VerticalScope Holdings, Inc. | 2836 | 9669 |
|  \*†† | Victoria Gold Corp./Vancouver | 259 | 34 |
|  | Wajax Corp. | 4107 | 52522 |
|  \* | Well Health Technologies Corp. | 50031 | 143713 |
|  | West Fraser Timber Co. Ltd. (WFG CN) | 8807 | 652060 |
|  # | West Fraser Timber Co. Ltd. (WFG US) | 1556 | 115113 |
|  | Westshore Terminals Investment Corp. | 6600 | 121937 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) |  |  |
|  | Whitecap Resources, Inc. | 162842 | $923706 |
|  | Winpak Ltd. | 8514 | 263770 |
|  \*†† | Xebec Adsorption, Inc. | 18924 | 0 |
|  TOTAL CANADA | TOTAL CANADA |  | 59037876 |
|  CHILE — (0.1%) | CHILE — (0.1%) |  |  |
|  \* | CAP SA | 10189 | 52404 |
|  | Empresa Nacional de Telecomunicaciones SA | 47111 | 136324 |
|  | Empresas CMPC SA | 66847 | 104836 |
|  \* | Ripley Corp. SA | 323786 | 149704 |
|  | Salfacorp SA | 145634 | 103971 |
|  | SONDA SA | 106548 | 43047 |
|  TOTAL CHILE | TOTAL CHILE |  | 590286 |
|  CHINA — (6.2%) | CHINA — (6.2%) |  |  |
|  W | 3SBio, Inc. | 365500 | 563556 |
|  \* | 5I5J Holding Group Co. Ltd., Class A | 60500 | 26364 |
|  | AAC Technologies Holdings, Inc. | 144000 | 689322 |
|  | Accelink Technologies Co. Ltd., Class A | 4000 | 23780 |
|  | Advanced Technology & Materials Co. Ltd., Class A | 23600 | 36401 |
|  \* | Aerospace Hi-Tech Holdings Group Ltd., Class A | 15800 | 22273 |
|  \* | Agile Group Holdings Ltd. | 116000 | 6760 |
|  | Aisino Corp., Class A | 19500 | 22094 |
|  #W | A-Living Smart City Services Co. Ltd. | 164000 | 63550 |
|  | Allmed Medical Products Co. Ltd., Class A | 8900 | 9855 |
|  | Aluminum Corp. of China Ltd., Class H  | 242000 | 129890 |
|  \* | Angang Steel Co. Ltd., Class H | 184000 | 34814 |
|  | Anhui Conch Cement Co. Ltd., Class H | 202000 | 569046 |
|  | Anhui Construction Engineering Group Co. Ltd., Class A | 36100 | 22879 |
|  | Anhui Guangxin Agrochemical Co. Ltd., Class A | 12400 | 18433 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Anhui Heli Co. Ltd., Class A | 14100 | $30797 |
|  | Anhui Hengyuan Coal Industry & Electricity Power Co. Ltd., Class A | 19500 | 18722 |
|  | Anhui Honglu Steel Construction Group Co. Ltd., Class A | 11700 | 30160 |
|  | Anhui Huilong Agricultural Means of Production Co. Ltd., Class A | 13100 | 9680 |
|  | Anhui Jiangnan Chemical Industry Co. Ltd., Class A | 30600 | 22549 |
|  | Anhui Transport Consulting & Design Institute Co. Ltd., Class A | 15800 | 18028 |
|  | Anhui Truchum Advanced Materials & Technology Co. Ltd., Class A | 26100 | 30468 |
|  | Anhui Zhongding Sealing Parts Co. Ltd., Class A | 17400 | 43437 |
|  | Anton Oilfield Services Group | 504000 | 62280 |
|  | Aoshikang Technology Co. Ltd., Class A | 4500 | 15421 |
|  | Aotecar New Energy Technology Co. Ltd., Class A | 56400 | 22143 |
|  #W | AsiaInfo Technologies Ltd. | 74000 | 89272 |
|  | Asian Star Anchor Chain Co. Ltd. Jiangsu, Class A | 19400 | 23012 |
|  | AviChina Industry & Technology Co. Ltd., Class H | 481000 | 221347 |
|  W | BAIC Motor Corp. Ltd., Class H | 364000 | 89479 |
|  | Bank of Changsha Co. Ltd., Class A | 21500 | 26822 |
|  | Bank of Chongqing Co. Ltd., Class H | 132500 | 129005 |
|  W | Bank of Qingdao Co. Ltd., Class H | 84000 | 39889 |
|  | Bank of Suzhou Co. Ltd., Class A | 42940 | 47562 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Bank of Xi'an Co. Ltd., Class A | 48800 | $23270 |
|  | Baoxiniao Holding Co. Ltd., Class A | 38600 | 20303 |
|  \* | Baoye Group Co. Ltd., Class H | 46000 | 26507 |
|  \* | Baozun, Inc. (9991 HK), Class A | 28500 | 24360 |
|  | BBMG Corp., Class H**.**  | 274000 | 24738 |
|  | Beibuwan Port Co. Ltd., Class A | 16200 | 18822 |
|  | Beijing Capital Eco-Environment Protection Group Co. Ltd., Class A | 93900 | 40870 |
|  \* | Beijing Capital International Airport Co. Ltd., Class H | 332000 | 119683 |
|  | Beijing Chunlizhengda Medical Instruments Co. Ltd., Class H | 20750 | 24928 |
|  | Beijing Easpring Material Technology Co. Ltd., Class A | 5300 | 27606 |
|  | Beijing Enterprises Urban Resources Group Ltd. | 36000 | 1511 |
|  # | Beijing Enterprises Water Group Ltd. | 860000 | 271631 |
|  | Beijing Fengjing Automotive Parts Co. Ltd. | 40600 | 20071 |
|  | Beijing GeoEnviron Engineering & Technology, Inc., Class A | 32100 | 23913 |
|  \* | Beijing Haixin Energy Technology Co. Ltd., Class A | 46600 | 18666 |
|  | Beijing Haohua Energy Resource Co. Ltd., Class A | 19000 | 18896 |
|  \* | Beijing Jetsen Technology Co. Ltd., Class A | 40700 | 29639 |
|  | Beijing Jingyuntong Technology Co. Ltd., Class A | 39200 | 12836 |
|  \* | Beijing Leike Defense Technology Co. Ltd., Class A | 37100 | 22008 |
|  | Beijing North Star Co. Ltd., Class H | 130000 | 11554 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Beijing Orient National Communication Science & Technology Co. Ltd., Class A | 26500 | $35952 |
|  | Beijing Originwater Technology Co. Ltd., Class A | 77454 | 47300 |
|  | Beijing Sanyuan Foods Co. Ltd., Class A | 38300 | 23007 |
|  | Beijing Shougang Co. Ltd., Class A | 40100 | 19923 |
|  | Beijing Sinnet Technology Co. Ltd., Class A | 27300 | 54405 |
|  | Beijing SL Pharmaceutical Co. Ltd., Class A | 20800 | 18422 |
|  | Beijing SPC Environment Protection Tech Co. Ltd., Class A | 14500 | 7061 |
|  | Beijing Strong Biotechnologies, Inc., Class A | 11400 | 21961 |
|  \* | Beijing Teamsun Technology Co. Ltd., Class A | 26500 | 33196 |
|  \* | Beijing Thunisoft Corp. Ltd., Class A | 21500 | 23732 |
|  W | Beijing Urban Construction Design & Development Group Co. Ltd., Class H | 49000 | 8690 |
|  | Beijing Wandong Medical Technology Co. Ltd., Class A | 3200 | 7727 |
|  \* | Beijing Watertek Information Technology Co. Ltd., Class A | 38400 | 19414 |
|  | Beijing Yuanliu Hongyuan Electronic Technology Co. Ltd., Class A | 5200 | 37427 |
|  \* | Beiqi Foton Motor Co. Ltd., Class A | 104398 | 37686 |
|  \* | Bengang Steel Plates Co. Ltd., Class A | 44600 | 22949 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Best Pacific International Holdings Ltd. | 34000 | $10616 |
|  | Biem.L.Fdlkk Garment Co. Ltd., Class A | 8600 | 19554 |
|  | Binhai Investment Co. Ltd. | 55136 | 7609 |
|  W | Blue Moon Group Holdings Ltd. | 145000 | 71329 |
|  \* | Blue Sail Medical Co. Ltd., Class A | 29200 | 20290 |
|  \* | BOE HC SemiTek Corp. | 33600 | 30596 |
|  | BOE Varitronix Ltd. | 61000 | 42869 |
|  \* | Bohai Leasing Co. Ltd., Class A | 97100 | 42184 |
|  | Bright Dairy & Food Co. Ltd., Class A | 18300 | 20817 |
|  | B-Soft Co. Ltd., Class A | 46800 | 36706 |
|  | BTG Hotels Group Co. Ltd., Class A | 22100 | 43582 |
|  | C&D International Investment Group Ltd. | 106227 | 222165 |
|  | C&S Paper Co. Ltd., Class A | 24800 | 22540 |
|  #\*W | CALB Group Co. Ltd. | 20500 | 43388 |
|  | Cangzhou Mingzhu Plastic Co. Ltd., Class A | 51600 | 24536 |
|  | Canmax Technologies Co. Ltd., Class A | 9400 | 23071 |
|  | Canny Elevator Co. Ltd., Class A | 12200 | 12172 |
|  | CCCC Design & Consulting Group Co. Ltd., Class A | 13500 | 14481 |
|  | CECEP Solar Energy Co. Ltd., Class A | 76900 | 45689 |
|  | CECEP Wind-Power Corp., Class A | 68250 | 26980 |
|  | Central China New Life Ltd. | 13000 | 2240 |
|  | Central China Securities Co. Ltd., Class H | 158000 | 29087 |
|  | CGN New Energy Holdings Co. Ltd. | 340000 | 99927 |
|  \* | CGN Nuclear Technology Development Co. Ltd., Class A | 25400 | 24461 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Changchun Faway Automobile Components Co. Ltd., Class A | 19700 | $25537 |
|  | Changjiang & Jinggong Steel Building Group Co. Ltd., Class A | 48200 | 21115 |
|  | Changshu Fengfan Power Equipment Co. Ltd., Class A | 31500 | 17945 |
|  | Chengdu Fusen Noble-House Industrial Co. Ltd., Class A | 10900 | 19720 |
|  | Chengdu Hongqi Chain Co. Ltd., Class A | 27900 | 21854 |
|  | Chengdu Kanghong Pharmaceutical Group Co. Ltd., Class A | 8400 | 32286 |
|  | Chengdu Kanghua Biological Products Co. Ltd., Class A | 2900 | 20123 |
|  | Chengdu Wintrue Holding Co. Ltd., Class A | 22900 | 26238 |
|  | Chengtun Mining Group Co. Ltd., Class A | 38000 | 28180 |
|  | Chengzhi Co. Ltd., Class A | 20900 | 21739 |
|  | China Aircraft Leasing Group Holdings Ltd. | 25500 | 13514 |
|  | China Animal Husbandry Industry Co. Ltd., Class A | 24000 | 22047 |
|  \*W | China Bohai Bank Co. Ltd., Class H | 350000 | 41091 |
|  \* | China Boton Group Co. Ltd. | 52000 | 10672 |
|  | China CAMC Engineering Co. Ltd., Class A | 29200 | 31863 |
|  # | China Chunlai Education Group Co. Ltd. | 40000 | 21695 |
|  # | China Cinda Asset Management Co. Ltd., Class H | 1649000 | 210350 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  # | China Coal Energy Co. Ltd., Class H | 272000 | $281033 |
|  | China Coal Xinji Energy Co. Ltd., Class A | 42500 | 39149 |
|  | China Communications Services Corp. Ltd., Class H | 476000 | 247901 |
|  | China Conch Venture Holdings Ltd. | 288500 | 296108 |
|  | China CYTS Tours Holding Co. Ltd., Class A | 12000 | 16061 |
|  #W | China East Education Holdings Ltd | 107000 | 81025 |
|  \* | China Eastern Airlines Corp. Ltd., Class H | 166000 | 49417 |
|  | China Education Group Holdings Ltd | 105169 | 33044 |
|  | China Electronics Huada Technology Co. Ltd. | 126000 | 22554 |
|  | China Electronics Optics Valley Union Holding Co. Ltd. | 480000 | 12126 |
|  | China Energy Engineering Corp. Ltd. (3996 HK), Class H | 942000 | 119967 |
|  | China Energy Engineering Corp. Ltd. (601868 C1), Class A | 142303 | 43089 |
|  | China Everbright Water Ltd. | 62444 | 11035 |
|  W | China Feihe Ltd. | 585000 | 442082 |
|  | China Foods Ltd. | 162000 | 64741 |
|  | China Galaxy Securities Co. Ltd., Class H | 569500 | 517351 |
|  | China Gas Holdings Ltd. | 410566 | 371206 |
|  | China Green Electricity Investment of Tianjin Co. Ltd., Class A | 34100 | 40241 |
|  \* | China High Speed Railway Technology Co. Ltd., Class A | 61400 | 22791 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  #\* | China High Speed Transmission Equipment Group Co. Ltd. | 73000 | $7807 |
|  | China Hongqiao Group Ltd. | 432000 | 775446 |
|  | China International Marine Containers Group Co. Ltd., Class H | 182820 | 114847 |
|  | China Isotope & Radiation Corp. | 7600 | 11013 |
|  | China Kepei Education Group Ltd. | 70000 | 11933 |
|  | China Lesso Group Holdings Ltd. | 236000 | 125643 |
|  | China Lilang Ltd. | 89000 | 42849 |
|  \*W | China Literature Ltd. | 73400 | 254878 |
|  | China Medical System Holdings Ltd. | 204000 | 217737 |
|  # | China Meidong Auto Holdings Ltd. | 146000 | 39089 |
|  | China Mengniu Dairy Co. Ltd. | 428000 | 1065999 |
|  | China Merchants Property Operation & Service Co. Ltd., Class A | 12900 | 20947 |
|  # | China Modern Dairy Holdings Ltd. | 540000 | 70986 |
|  | China National Accord Medicines Corp. Ltd., Class A | 5600 | 18918 |
|  | China National Building Material Co. Ltd., Class H | 331749 | 160864 |
|  | China National Gold Group Gold Jewellery Co. Ltd., Class A | 18100 | 20489 |
|  | China National Medicines Corp. Ltd., Class A | 8000 | 31933 |
|  W | China New Higher Education Group Ltd. | 97144 | 10529 |
|  \* | China Nonferrous Metal Industry's Foreign Engineering & Construction Co. Ltd., Class A | 25200 | 16051 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | China Oil & Gas Group Ltd. | 920000 | $16191 |
|  | China Oilfield Services Ltd., Class H | 190000 | 148582 |
|  | China Petroleum Engineering Corp., Class A | 89200 | 37589 |
|  | China Railway Group Ltd., Class H | 546000 | 234925 |
|  | China Railway Hi-tech Industry Co. Ltd., Class A | 30100 | 30248 |
|  W | China Railway Signal & Communication Corp. Ltd., Class H | 250000 | 100538 |
|  | China Railway Tielong Container Logistics Co. Ltd., Class A | 29200 | 22613 |
|  | China Reinsurance Group Corp., Class H | 1202000 | 139392 |
|  | China Resources Boya Bio-pharmaceutical Group Co. Ltd., Class A | 5700 | 20837 |
|  | China Resources Building Materials Technology Holdings Ltd. | 358000 | 75531 |
|  | China Resources Double Crane Pharmaceutical Co. Ltd., Class A | 16200 | 42100 |
|  | China Resources Gas Group Ltd. | 110200 | 307833 |
|  | China Resources Medical Holdings Co. Ltd. | 143500 | 67555 |
|  # | China Risun Group Ltd. | 252000 | 81417 |
|  \* | China Sanjiang Fine Chemicals Co. Ltd. | 118000 | 27193 |
|  \* | China Shanshui Cement Group Ltd. | 270000 | 19000 |
|  W | China Shengmu Organic Milk Ltd. | 623000 | 14044 |
|  | China State Construction Development Holdings Ltd. | 38000 | 8031 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | China State Construction International Holdings Ltd. | 368000 | $542441 |
|  \* | China Sunshine Paper Holdings Co. Ltd. | 134000 | 33869 |
|  | China Tianying, Inc., Class A | 27400 | 15916 |
|  | China TransInfo Technology Co. Ltd., Class A | 23600 | 29760 |
|  | China Tungsten & Hightech Materials Co. Ltd., Class A | 7670 | 10096 |
|  \* | China Vanke Co. Ltd., Class H | 388200 | 266121 |
|  | China West Construction Group Co. Ltd., Class A | 30500 | 23879 |
|  # | China Yongda Automobiles Services Holdings Ltd. | 217500 | 69341 |
|  #\*W | China Youran Dairy Group Ltd. | 466000 | 142097 |
|  | China Zheshang Bank Co. Ltd., Class H | 444599 | 150317 |
|  | Chinasoft International Ltd. | 394000 | 251121 |
|  | Chongqing Department Store Co. Ltd., Class A | 6200 | 27100 |
|  | Chongqing Fuling Zhacai Group Co. Ltd., Class A | 11300 | 20402 |
|  | Chongqing Gas Group Corp. Ltd., Class A | 24249 | 18248 |
|  | Chongqing Machinery & Electric Co. Ltd., Class H | 106000 | 12636 |
|  | Chongqing Road & Bridge Co. Ltd., Class A | 23300 | 16991 |
|  | Chongqing Rural Commercial Bank Co. Ltd., Class H | 468000 | 359304 |
|  | Chongqing Sanfeng Environment Group Corp. Ltd., Class A | 18200 | 20537 |
|  | Chongqing Zongshen Power Machinery Co. Ltd., Class A | 18200 | 52783 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Chow Tai Seng Jewellery Co. Ltd., Class A | 15400 | $27609 |
|  | CIMC Enric Holdings Ltd. | 134000 | 105089 |
|  \* | Cinda Real Estate Co. Ltd., Class A | 18201 | 10615 |
|  | Cisen Pharmaceutical Co. Ltd., Class A | 10900 | 20158 |
|  | City Development Environment Co. Ltd., Class A | 13200 | 24459 |
|  \* | ClouDr Group Ltd. | 31200 | 4361 |
|  \* | CMGE Technology Group Ltd. | 282000 | 12142 |
|  | CMST Development Co. Ltd., Class A | 24300 | 19650 |
|  | CNNC Hua Yuan Titanium Dioxide Co. Ltd., Class A | 61200 | 34411 |
|  | CNSIG Inner Mongolia Chemical Industry Co. Ltd., Class A | 17800 | 17183 |
|  \* | COFCO Biotechnology Co. Ltd., Class A | 25600 | 19278 |
|  \* | COFCO Joycome Foods Ltd. | 516000 | 96986 |
|  | COFCO Sugar Holding Co. Ltd., Class A | 31100 | 39783 |
|  \* | Comba Telecom Systems Holdings Ltd. | 276000 | 52122 |
|  | Concord New Energy Group Ltd. | 1310000 | 79337 |
|  | Continental Aerospace Technologies Holding Ltd. | 570000 | 7961 |
|  | COSCO SHIPPING Energy Transportation Co. Ltd., Class H | 164000 | 130074 |
|  | COSCO SHIPPING Specialized Carriers Co. Ltd., Class A | 28300 | 22890 |
|  | CQ Pharmaceutical Holding Co. Ltd., Class A | 29600 | 19777 |
|  | CSG Holding Co. Ltd., Class A | 44700 | 29176 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | CTS International Logistics Corp. Ltd., Class A | 29200 | $24656 |
|  | Daan Gene Co. Ltd., Class A | 32400 | 25116 |
|  | Dalian Huarui Heavy Industry Group Co. Ltd., Class A | 30200 | 24934 |
|  | Dashang Co. Ltd., Class A | 13879 | 47854 |
|  | Dawnrays Pharmaceutical Holdings Ltd. | 128000 | 19108 |
|  | Deppon Logistics Co. Ltd., Class A | 15800 | 28200 |
|  \* | Dezhan Healthcare Co. Ltd., Class A | 60500 | 24754 |
|  | Dian Diagnostics Group Co. Ltd., Class A | 13600 | 26258 |
|  | Digital China Group Co. Ltd., Class A | 10400 | 58565 |
|  | Digital China Information Service Group Co. Ltd., Class A | 17900 | 26361 |
|  | Dongfang Electric Corp. Ltd., Class H | 42800 | 58419 |
|  | Dongguan Aohai Technology Co. Ltd., Class A | 2400 | 12280 |
|  | Dongguan Development Holdings Co. Ltd., Class A | 12900 | 18288 |
|  | Dongxing Securities Co. Ltd., Class A | 23800 | 32868 |
|  | Dongyue Group Ltd. | 306000 | 361119 |
|  | Dynagreen Environmental Protection Group Co. Ltd., Class H | 96000 | 54052 |
|  | Easyhome New Retail Group Co. Ltd., Class A | 62200 | 28257 |
|  # E-Commodities Holdings Ltd. | # E-Commodities Holdings Ltd. | 368000 | 38873 |
|  | EEKA Fashion Holdings Ltd. | 46000 | 44191 |
|  \*†† Elion Energy Co. Ltd., Class A | \*†† Elion Energy Co. Ltd., Class A | 29100 | 1162 |
|  | Essex Bio-technology Ltd. | 22000 | 12768 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Eternal Asia Supply Chain Management Ltd., Class A | 53500 | $35749 |
|  | Ever Sunshine Services Group Ltd. | 126000 | 30726 |
|  W | Everbright Securities Co. Ltd., Class H | 13400 | 11683 |
|  \*W | Everest Medicines Ltd. | 9000 | 57165 |
|  | Fangda Carbon New Material Co. Ltd., Class A | 30961 | 19677 |
|  | Fangda Special Steel Technology Co. Ltd., Class A | 37300 | 22847 |
|  | Far East Smarter Energy Co. Ltd., Class A | 35300 | 23333 |
|  | FAWER Automotive Parts Co. Ltd., Class A | 15600 | 12608 |
|  | FESCO Group Co. Ltd., Class A | 4400 | 12788 |
|  | Fiberhome Telecommunication Technologies Co. Ltd., Class A | 10320 | 30459 |
|  \* | FIH Mobile Ltd. | 597000 | 57767 |
|  \* | Financial Street Holdings Co. Ltd., Class A | 71300 | 27080 |
|  | First Capital Securities Co. Ltd., Class A | 22500 | 21040 |
|  | Flat Glass Group Co. Ltd., Class H | 32000 | 36164 |
|  | Fu Shou Yuan International Group Ltd. | 221000 | 100165 |
|  | Fufeng Group Ltd. | 298000 | 248963 |
|  | Fujian Star-net Communication Co. Ltd., Class A | 13300 | 35480 |
|  | Fujian Sunner Development Co. Ltd., Class A | 21500 | 47506 |
|  | Gansu Energy Chemical Co. Ltd., Class A | 83500 | 27030 |
|  \* | Gansu Jiu Steel Group Hongxing Iron & Steel Co. Ltd., Class A | 67400 | 12717 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Gansu Shangfeng Cement Co. Ltd., Class A | 19300 | $23345 |
|  | Gansu Yasheng Industrial Group Co. Ltd., Class A | 51300 | 20003 |
|  | GCL Energy Technology Co. Ltd., Class A | 18300 | 18070 |
|  #\* | GDS Holdings Ltd. (9698 HK), Class A | 49400 | 156702 |
|  | Gemdale Corp., Class A | 52200 | 30813 |
|  | Gemdale Properties & Investment Corp. Ltd. | 1408000 | 44178 |
|  \* | Genimous Technology Co. Ltd., Class A | 28400 | 30462 |
|  | GF Securities Co. Ltd., Class H | 140600 | 183150 |
|  #\* | Global New Material International Holdings Ltd. | 74000 | 36618 |
|  | Goldenmax International Group Ltd., Class A | 17200 | 19157 |
|  | Goldwind Science & Technology Co. Ltd., Class H | 94000 | 64772 |
|  \* | Goodbaby International Holdings Ltd. | 168000 | 24027 |
|  | Grand Pharmaceutical Group Ltd. | 167000 | 127970 |
|  | Greentown China Holdings Ltd. | 213500 | 272444 |
|  W | Greentown Management Holdings Co. Ltd. | 102000 | 34962 |
|  | Greentown Service Group Co. Ltd. | 254000 | 144800 |
|  | Guangdong Advertising Group Co. Ltd., Class A | 27400 | 27399 |
|  | Guangdong Construction Engineering Group Co. Ltd., Class A | 45100 | 21511 |
|  \* | Guangdong Create Century Intelligent Equipment Group Corp. Ltd., Class A | 19900 | 23529 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Guangdong DFP New Material Group Co. Ltd. | 47100 | $25909 |
|  \* | Guangdong Dongfang Precision Science & Technology Co. Ltd., Class A | 22500 | 40135 |
|  | Guangdong Dongpeng Holdings Co. Ltd., Class A | 10200 | 8722 |
|  | Guangdong Dowstone Technology Co. Ltd., Class A | 15500 | 29874 |
|  | Guangdong Fenghua Advanced Technology Holding Co. Ltd., Class A | 7000 | 12649 |
|  \* | Guangdong Guanhao High-Tech Co. Ltd., Class A | 30200 | 12523 |
|  | Guangdong Kinlong Hardware Products Co. Ltd., Class A | 6900 | 21541 |
|  | Guangdong Provincial Expressway Development Co. Ltd., Class A | 26900 | 51915 |
|  \* | Guangdong Shenglu Telecommunication Tech Co. Ltd., Class A | 26100 | 23017 |
|  | Guangdong Vanward New Electric Co. Ltd., Class A | 16800 | 25963 |
|  | Guangdong Xinbao Electrical Appliances Holdings Co. Ltd., Class A | 16100 | 30673 |
|  \* | Guangdong Zhongnan Iron & Steel Co. Ltd., Class A | 61700 | 20820 |
|  | Guangdong Zhongsheng Pharmaceutical Co. Ltd., Class A | 14400 | 22104 |
|  | Guangshen Railway Co. Ltd., Class H | 282000 | 61790 |
|  | Guangxi Liugong Machinery Co. Ltd., Class A | 27400 | 37537 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Guangxi LiuYao Group Co. Ltd., Class A | 7200 | $16775 |
|  | Guangxi Wuzhou Zhongheng Group Co. Ltd., Class A | 62000 | 20744 |
|  | Guangzhou Baiyun International Airport Co. Ltd., Class A | 19000 | 23607 |
|  | Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class H | 28000 | 61141 |
|  | Guangzhou Great Power Energy & Technology Co. Ltd., Class A | 7700 | 24361 |
|  | Guangzhou Wondfo Biotech Co. Ltd., Class A | 6400 | 18145 |
|  | Guangzhou Zhujiang Brewery Co. Ltd., Class A | 14900 | 21712 |
|  | Guilin Layn Natural Ingredients Corp., Class A | 17200 | 17320 |
|  | Guizhou Chanhen Chemical Corp., Class A | 6900 | 21474 |
|  | Guizhou Panjiang Refined Coal Co. Ltd., Class A | 34800 | 21755 |
|  | Guizhou Tyre Co. Ltd., Class A | 34100 | 20484 |
|  | Guizhou Xinbang Pharmaceutical Co. Ltd., Class A | 48100 | 22629 |
|  | Guizhou Zhenhua E-chem, Inc., Class A | 13700 | 21531 |
|  \* | Guoguang Electric Co. Ltd., Class A | 13500 | 26515 |
|  | Guomai Technologies, Inc., Class A | 10500 | 15974 |
|  #W | Guotai Haitong Securities Co. Ltd., Class H | 47120 | 67157 |
|  \* | Hainan Drinda New Energy Technology Co. Ltd., Class A | 4600 | 25253 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Hainan Haide Capital Management Co. Ltd., Class A | 20500 | $15313 |
|  #\* | Hainan Meilan International Airport Co. Ltd., Class H | 31000 | 38327 |
|  | Haitian International Holdings Ltd. | 72000 | 166785 |
|  | Hand Enterprise Solutions Co. Ltd., Class A | 17400 | 46933 |
|  | Hangzhou Binjiang Real Estate Group Co. Ltd., Class A | 23300 | 33274 |
|  | Hangzhou GreatStar Industrial Co. Ltd. | 6900 | 22139 |
|  | Hangzhou Haoyue Personal Care Co. Ltd., Class A | 4400 | 35468 |
|  | Hangzhou Huawang New Material Technology Co. Ltd., Class A | 12100 | 18308 |
|  | Hangzhou Iron & Steel Co., Class A | 35400 | 53409 |
|  | Hangzhou Lion Microelectronics Co. Ltd., Class A | 7200 | 25792 |
|  | Hangzhou Onechance Tech Corp., Class A | 7200 | 23746 |
|  | Hangzhou Oxygen Plant Group Co. Ltd., Class A | 14900 | 40873 |
|  | Hangzhou Robam Appliances Co. Ltd., Class A | 14000 | 37723 |
|  #W | Hangzhou Tigermed Consulting Co. Ltd. (3347 HK), Class H | 3100 | 10630 |
|  | Han's Laser Technology Industry Group Co. Ltd., Class A | 14100 | 44923 |
|  | Hanwei Electronics Group Corp., Class A | 9600 | 54737 |
|  | Harbin Electric Co. Ltd., Class H | 158000 | 97390 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Harbin Electric Corp. Jiamusi Electric Machine Co. Ltd., Class A | 16900 | $23737 |
|  \* | Harbin Pharmaceutical Group Co. Ltd., Class A | 25900 | 12837 |
|  | HBIS Resources Co. Ltd., Class A | 10900 | 19466 |
|  \*W | HBM Holdings Ltd. | 64000 | 70613 |
|  | Health & Happiness H&H International Holdings Ltd. | 54500 | 62047 |
|  | Hefei Urban Construction Development Co. Ltd., Class A | 3000 | 2637 |
|  | Helens International Holdings Co. Ltd. | 52000 | 11081 |
|  | Henan Liliang Diamond Co. Ltd., Class A | 6400 | 24152 |
|  | Henan Mingtai Al Industrial Co. Ltd., Class A | 20200 | 33425 |
|  | Henan Pinggao Electric Co. Ltd., Class A | 20100 | 44928 |
|  | Henan Thinker Automatic Equipment Co. Ltd., Class A | 7840 | 27865 |
|  \* | Henan Yicheng New Energy Co. Ltd., Class A | 13900 | 6803 |
|  | Henan Yuguang Gold & Lead Co. Ltd., Class A | 23900 | 22728 |
|  | Henan Zhongyuan Expressway Co. Ltd., Class A | 43100 | 26984 |
|  | Hengan International Group Co. Ltd. | 69500 | 187377 |
|  | Hengtong Logistics Co. Ltd., Class A | 8100 | 9692 |
|  | Hengyi Petrochemical Co. Ltd., Class A | 35500 | 29767 |
|  | Hesteel Co. Ltd., Class A | 133300 | 39834 |
|  | Hexing Electrical Co. Ltd., Class A | 4200 | 15294 |
|  | Hitevision Co. Ltd., Class A | 7600 | 24963 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Hongyuan Green Energy Co. Ltd., Class A | 12600 | $24657 |
|  \* | Hopson Development Holdings Ltd. | 228293 | 85460 |
|  | Horizon Construction Development Ltd. | 101000 | 14418 |
|  | Huaan Securities Co. Ltd., Class A | 44460 | 33832 |
|  | Huadian Heavy Industries Co. Ltd., Class A | 10800 | 8929 |
|  \* | Huafon Microfibre Shanghai Technology Co. Ltd., Class A | 37400 | 37325 |
|  | Huafu Fashion Co. Ltd., Class A | 36000 | 30712 |
|  | Huaihe Energy Group Co. Ltd., Class A | 68100 | 32541 |
|  | Huapont Life Sciences Co. Ltd., Class A | 24200 | 13534 |
|  W | Huatai Securities Co. Ltd., Class H | 138000 | 204516 |
|  | Huaxin Cement Co. Ltd. (6655 HK), Class H | 47800 | 55614 |
|  \* | Hubei Broadcasting & Television Information Network Co. Ltd., Class A | 35500 | 24074 |
|  | Hubei Chutian Smart Communication Co. Ltd., Class A | 20700 | 12617 |
|  | Hubei Xingfa Chemicals Group Co. Ltd., Class A | 6800 | 19123 |
|  | Hubei Yihua Chemical Industry Co. Ltd., Class A | 11300 | 16952 |
|  | Hubei Zhenhua Chemical Co. Ltd., Class A | 11500 | 35424 |
|  | Huishang Bank Corp. Ltd., Class H | 135800 | 50995 |
|  \* | Hunan Er-Kang Pharmaceutical Co. Ltd., Class A | 53300 | 21029 |
|  | Hunan Gold Corp. Ltd., Class A | 13200 | 40851 |
|  \*W | Hygeia Healthcare Holdings Co. Ltd. | 68200 | 122974 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | HyUnion Holding Co. Ltd., Class A | 23200 | $22229 |
|  | IKD Co. Ltd., Class A | 17400 | 39848 |
|  | Infore Environment Technology Group Co. Ltd., Class A | 39700 | 32651 |
|  | Inmyshow Digital Technology Group Co. Ltd., Class A | 30000 | 19740 |
|  | Inner Mongolia Dian Tou Energy Corp. Ltd., Class A | 15000 | 36866 |
|  | Inner Mongolia ERDOS Resources Co. Ltd., Class A | 22680 | 28384 |
|  | Inner Mongolia Yuan Xing Energy Co. Ltd., Class A | 32500 | 22959 |
|  | Inspur Digital Enterprise Technology Ltd. | 56000 | 56551 |
|  | Intco Medical Technology Co. Ltd., Class A | 9720 | 29785 |
|  | Intron Technology Holdings Ltd. | 46000 | 7837 |
|  \* | iQIYI, Inc., ADR | 74141 | 136419 |
|  | Jade Bird Fire Co. Ltd., Class A | 16600 | 25354 |
|  | Jangho Group Co. Ltd., Class A | 27400 | 20089 |
|  | Jason Furniture Hangzhou Co. Ltd., Class A | 6300 | 21641 |
|  \*W | JD Logistics, Inc. | 266400 | 417825 |
|  | Jiang Su Suyan Jingshen Co. Ltd., Class A | 17200 | 22651 |
|  | Jiangling Motors Corp. Ltd., Class A | 9400 | 24358 |
|  | Jiangsu Asia-Pacific Light Alloy Technology Co. Ltd., Class A | 31400 | 24947 |
|  | Jiangsu Azure Corp., Class A | 17900 | 31332 |
|  | Jiangsu Broadcasting Cable Information Network Corp. Ltd., Class A | 56000 | 25539 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jiangsu Changshu Automotive Trim Group Co. Ltd., Class A | 8600 | $15349 |
|  | Jiangsu Changshu Rural Commercial Bank Co. Ltd., Class A | 42020 | 42044 |
|  | Jiangsu Dingsheng New Energy Materials Co. Ltd., Class A | 28900 | 34268 |
|  | Jiangsu General Science Technology Co. Ltd., Class A | 27500 | 17233 |
|  | Jiangsu Guomao Reducer Co. Ltd., Class A | 17300 | 37632 |
|  \* | Jiangsu Haili Wind Power Equipment Technology Co. Ltd., Class A | 1700 | 14061 |
|  \* | Jiangsu High Hope International Group Corp., Class A | 56400 | 19222 |
|  | Jiangsu Huachang Chemical Co. Ltd., Class A | 23300 | 22402 |
|  | Jiangsu Jiangyin Rural Commercial Bank Co. Ltd., Class A | 33300 | 19022 |
|  | Jiangsu Kanion Pharmaceutical Co. Ltd., Class A | 8500 | 14813 |
|  | Jiangsu Lihua Foods Group Co. Ltd | 7900 | 20645 |
|  | Jiangsu Linyang Energy Co. Ltd., Class A | 21300 | 16241 |
|  | Jiangsu Pacific Quartz Co. Ltd., Class A | 6800 | 30337 |
|  | Jiangsu Provincial Agricultural Reclamation & Development Corp., Class A | 11400 | 15272 |
|  | Jiangsu Shentong Valve Co. Ltd., Class A | 12800 | 19102 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jiangsu Shuangxing Color Plastic New Materials Co. Ltd., Class A | 34900 | $23809 |
|  | Jiangsu Suzhou Rural Commercial Bank Co. Ltd., Class A | 32600 | 23546 |
|  | Jiangsu Yinhe Electronics Co. Ltd., Class A | 36400 | 20883 |
|  | Jiangsu Zhangjiagang Rural Commercial Bank Co. Ltd., Class A | 34600 | 20021 |
|  | Jiangsu Zijin Rural Commercial Bank Co. Ltd., Class A | 90600 | 33704 |
|  | Jiangxi Bank Co. Ltd., Class H | 71500 | 6828 |
|  | Jiangxi Ganyue Expressway Co. Ltd., Class A | 32800 | 23220 |
|  | Jiangxi Guotai Group Co. Ltd., Class A | 13300 | 23004 |
|  | Jiaozuo Wanfang Aluminum Manufacturing Co. Ltd., Class A | 13200 | 12222 |
|  | Jihua Group Corp. Ltd., Class A | 67000 | 23815 |
|  \* | Jilin Chemical Fibre, Class A | 39400 | 19649 |
|  \* | Jilin Jiutai Rural Commercial Bank Corp. Ltd., Class H | 35652 | 1885 |
|  # | Jinchuan Group International Resources Co. Ltd. | 425000 | 35071 |
|  | Jingjin Equipment, Inc., Class A | 7900 | 17704 |
|  \* | Jinke Smart Services Group Co. Ltd., Class H | 29900 | 27344 |
|  # | JinkoSolar Holding Co. Ltd., ADR | 8667 | 148726 |
|  | Jinlei Technology Co. Ltd., Class A | 10000 | 27139 |
|  #W | Jinxin Fertility Group Ltd. | 449000 | 167922 |
|  | Jinyu Bio-Technology Co. Ltd., Class A | 23800 | 22275 |
|  #W | Jiumaojiu International Holdings Ltd. | 152000 | 49307 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jizhong Energy Resources Co. Ltd., Class A | 31400 | $26986 |
|  | Joincare Pharmaceutical Group Industry Co. Ltd., Class A | 19800 | 28903 |
|  | Jolywood Suzhou Sunwatt Co. Ltd., Class A | 28100 | 19897 |
|  | Joy City Property Ltd. | 738000 | 19798 |
|  | JS Corrugating Machinery Co. Ltd., Class A | 15100 | 22250 |
|  \*W | JS Global Lifestyle Co. Ltd. | 189500 | 43956 |
|  | JSTI Group, Class A | 22800 | 27626 |
|  \* | Ju Teng International Holdings Ltd. | 116000 | 20410 |
|  | Juewei Food Co. Ltd., Class A | 8600 | 18784 |
|  | Jutal Offshore Oil Services Ltd. | 94000 | 7864 |
|  \* | JY Grandmark Holdings Ltd. | 50000 | 2051 |
|  | Kailuan Energy Chemical Co. Ltd., Class A | 9400 | 7817 |
|  | Kaishan Group Co. Ltd., Class A | 16700 | 20079 |
|  | Kangji Medical Holdings Ltd. | 59000 | 56934 |
|  \* | KBC Corp. Ltd., Class A | 4419 | 14933 |
|  | Keda Industrial Group Co. Ltd., Class A | 10800 | 13480 |
|  | Keshun Waterproof Technologies Co. Ltd., Class A | 33700 | 21850 |
|  | Kinetic Development Group Ltd. | 442000 | 67170 |
|  | Kingboard Holdings Ltd. | 115000 | 308939 |
|  | Kingboard Laminates Holdings Ltd. | 110500 | 115368 |
|  | Kingfa Sci & Tech Co. Ltd., Class A | 41200 | 62269 |
|  #\* | Kingsoft Cloud Holdings Ltd. | 64000 | 59174 |
|  | Kuangda Technology Group Co. Ltd., Class A | 42400 | 29380 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Kunlun Energy Co. Ltd. | 756000 | $720600 |
|  \* | Lanzhou LS Heavy Equipment Co. Ltd., Class A | 26900 | 24594 |
|  | Lao Feng Xiang Co. Ltd., Class A | 5000 | 33044 |
|  | Laobaixing Pharmacy Chain JSC, Class A | 9100 | 25186 |
|  | Launch Tech Co. Ltd., Class H | 47000 | 62971 |
|  | Lee & Man Chemical Co. Ltd. | 38000 | 17123 |
|  | Lee & Man Paper Manufacturing Ltd. | 299000 | 80350 |
|  \*W | Legend Holdings Corp., Class H | 84000 | 83386 |
|  | Leo Group Co. Ltd., Class A | 52500 | 26956 |
|  | Leoch International Technology Ltd. | 116000 | 34877 |
|  | Li Ning Co. Ltd. | 352500 | 664582 |
|  | Lianhe Chemical Technology Co. Ltd., Class A | 24900 | 21685 |
|  | Liaoning Port Co. Ltd., Class H | 284000 | 24503 |
|  \* | Lier Chemical Co. Ltd., Class A | 13600 | 19113 |
|  #\* | Lifetech Scientific Corp. | 370000 | 68648 |
|  | Lingbao Gold Group Co. Ltd., Class H | 46000 | 50795 |
|  # | Livzon Pharmaceutical Group, Inc., Class H | 6400 | 21225 |
|  | Lizhong Sitong Light Alloys Group Co. Ltd., Class A | 8100 | 18455 |
|  # | LK Technology Holdings Ltd. | 22500 | 8085 |
|  | Loncin Motor Co. Ltd., Class A | 38300 | 65697 |
|  W | Longfor Group Holdings Ltd. | 284500 | 380539 |
|  | Longhua Technology Group Luoyang Co. Ltd., Class A | 28700 | 26824 |
|  | Longshine Technology Group Co. Ltd., Class A | 8900 | 17229 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Lucky Harvest Co. Ltd., Class A | 6600 | $49101 |
|  | Luenmei Quantum Co. Ltd., Class A | 29100 | 23519 |
|  | Luoniushan Co. Ltd., Class A | 25900 | 21087 |
|  | Luoyang Xinqianglian Slewing Bearing Co. Ltd., Class A | 8700 | 34335 |
|  | Luxi Chemical Group Co. Ltd., Class A | 19600 | 28837 |
|  #\*W | Luye Pharma Group Ltd. | 452500 | 117482 |
|  \* | Maanshan Iron & Steel Co. Ltd., Class H | 68000 | 14360 |
|  | Maccura Biotechnology Co. Ltd., Class A | 14000 | 21933 |
|  #\*W | Maoyan Entertainment | 99400 | 87341 |
|  | Meilleure Health International Industry Group Ltd. | 432000 | 16435 |
|  | Meinian Onehealth Healthcare Holdings Co. Ltd., Class A | 66600 | 48919 |
|  | Mesnac Co. Ltd., Class A | 22100 | 23770 |
|  # | Metallurgical Corp. of China Ltd., Class H | 528000 | 99836 |
|  | M-Grass Ecology & Environment Group Co. Ltd., Class A | 29600 | 17048 |
|  \*W | Microport Cardioflow Medtech Corp. | 112000 | 13021 |
|  #W | Midea Real Estate Holding Ltd. | 51200 | 26571 |
|  | Milkyway Intelligent Supply Chain Service Group Co. Ltd., Class A | 1600 | 10643 |
|  | Ming Yang Smart Energy Group Ltd., Class A | 31100 | 43734 |
|  \* | Minmetals Development Co. Ltd., Class A | 21300 | 21015 |
|  \* | Minmetals Land Ltd. | 340000 | 18391 |
|  \* | Minth Group Ltd. | 142000 | 339184 |
|  | MLS Co. Ltd., Class A | 24900 | 27075 |
|  \*W | Mobvista, Inc. | 49000 | 34950 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Moon Environment Technology Co. Ltd., Class A | 15200 | $24097 |
|  | Nanhua Futures Co. Ltd., Class A | 12200 | 20005 |
|  | NanJi E-Commerce Co. Ltd., Class A | 28700 | 17392 |
|  | Nanjing Hanrui Cobalt Co. Ltd., Class A | 6400 | 27924 |
|  | Nanjing Iron & Steel Co. Ltd., Class A | 75000 | 44611 |
|  | Nanjing Pharmaceutical Co. Ltd., Class A | 31500 | 22609 |
|  \* | Nanjing Tanker Corp., Class A | 66500 | 24439 |
|  | Nanjing Xinjiekou Department Store Co. Ltd., Class A | 33700 | 29476 |
|  | Nantong Jiangshan Agrochemical & Chemical LLC, Class A | 9900 | 22400 |
|  | NetDragon Websoft Holdings Ltd. | 49500 | 63171 |
|  | Neusoft Corp., Class A | 20400 | 28290 |
|  | New China Life Insurance Co. Ltd., Class H | 153600 | 560933 |
|  | Newland Digital Technology Co. Ltd., Class A | 4000 | 14750 |
|  | Nexteer Automotive Group Ltd. | 193000 | 129375 |
|  #\* | Nine Dragons Paper Holdings Ltd. | 198000 | 72667 |
|  | Ningbo Boway Alloy Material Co. Ltd., Class A | 8400 | 20127 |
|  | Ningbo Huaxiang Electronic Co. Ltd., Class A | 19100 | 43963 |
|  | Ningbo Jintian Copper Group Co. Ltd., Class A | 30400 | 27913 |
|  | Ningbo Joyson Electronic Corp., Class A | 18400 | 41694 |
|  | Ningbo Peacebird Fashion Co. Ltd., Class A | 11800 | 25780 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Ningbo Shanshan Co. Ltd., Class A | 38300 | $37011 |
|  | Ningbo Xusheng Group Co. Ltd., Class A | 12600 | 22420 |
|  | Ningbo Yunsheng Co. Ltd., Class A | 10700 | 10999 |
|  | NKY Medical Holdings Ltd., Class A | 13700 | 28003 |
|  | Norinco International Cooperation Ltd., Class A | 22300 | 31474 |
|  | North Chemical Industries Co. Ltd., Class A | 15200 | 22432 |
|  | North China Pharmaceutical Co. Ltd., Class A | 34500 | 28690 |
|  | North Huajin Chemical Industries Co. Ltd., Class A | 38800 | 28226 |
|  | Northeast Pharmaceutical Group Co. Ltd., Class A | 35500 | 25112 |
|  | Northeast Securities Co. Ltd., Class A | 28400 | 29619 |
|  \* | Nuode New Materials Co. Ltd., Class A | 10200 | 4294 |
|  | Offshore Oil Engineering Co. Ltd., Class A | 33800 | 24718 |
|  | Onewo, Inc., Class H | 31900 | 88029 |
|  | Opple Lighting Co. Ltd., Class A | 7800 | 18131 |
|  | ORG Technology Co. Ltd., Class A | 58200 | 42822 |
|  | Orient International Enterprise Ltd., Class A | 9500 | 9750 |
|  W | Orient Securities Co. Ltd., Class H | 164400 | 96823 |
|  \* | Oriental Energy Co. Ltd., Class A | 34900 | 39310 |
|  | PCI Technology Group Co. Ltd., Class A | 40700 | 29056 |
|  \*†† | Pengdu Agriculture & Animal Husbandry Co. Ltd., Class A | 164500 | 3171 |
|  | PharmaBlock Sciences Nanjing, Inc., Class A | 5300 | 23485 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | PhiChem Corp., Class A | 13700 | $33407 |
|  | Pingdingshan Tianan Coal Mining Co. Ltd., Class A | 21000 | 23766 |
|  \* | Polaris Bay Group Co. Ltd., Class A | 19700 | 17221 |
|  | Poly Property Services Co. Ltd., Class H | 24800 | 98474 |
|  | Porton Pharma Solutions Ltd., Class A | 6900 | 14301 |
|  | Prinx Chengshan Holdings Ltd. | 20000 | 20121 |
|  | Pylon Technologies Co. Ltd., Class A | 3881 | 21923 |
|  \* | Q Technology Group Co. Ltd. | 123000 | 103167 |
|  \* | Qinchuan Machine Tool & Tool Group Share Co. Ltd., Class A | 21100 | 37084 |
|  | Qingdao East Steel Tower Stock Co. Ltd., Class A | 38100 | 39879 |
|  | Qingdao Eastsoft Communication Technology Co. Ltd., Class A | 7100 | 16132 |
|  | Qingdao Gon Technology Co. Ltd., Class A | 3600 | 12442 |
|  #W | Qingdao Port International Co. Ltd., Class H | 87000 | 62890 |
|  | Qingdao Rural Commercial Bank Corp., Class A | 127700 | 55085 |
|  | Qinghai Huzhu TianYouDe Highland Barley Spirit Co. Ltd., Class A | 13100 | 16000 |
|  | Qinhuangdao Port Co. Ltd., Class H | 74500 | 20623 |
|  | Rainbow Digital Commercial Co. Ltd., Class A | 38250 | 28119 |
|  \*W | Red Star Macalline Group Corp. Ltd., Class H | 122000 | 21054 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \*W | Redco Properties Group Ltd. | 156000 | $2050 |
|  | Renhe Pharmacy Co. Ltd., Class A | 26500 | 19633 |
|  | Rianlon Corp., Class A | 6700 | 25899 |
|  | Risen Energy Co. Ltd., Class A | 14900 | 18166 |
|  | Riyue Heavy Industry Co. Ltd., Class A | 12300 | 20170 |
|  | Rizhao Port Co. Ltd., Class A | 56400 | 23317 |
|  \* | RongFa Nuclear Equipment Co. Ltd., Class A | 49300 | 32255 |
|  | Runjian Co. Ltd., Class A | 3100 | 21389 |
|  | Sanjiang Shopping Club Co. Ltd., Class A | 12600 | 19768 |
|  | Sanquan Food Co. Ltd., Class A | 7110 | 11285 |
|  \* | Sansteel Minguang Co. Ltd. Fujian, Class A | 54900 | 28516 |
|  | Sansure Biotech, Inc., Class A | 9291 | 25364 |
|  | Sany Heavy Equipment International Holdings Co. Ltd. | 209000 | 152403 |
|  | Sealand Securities Co. Ltd., Class A | 103000 | 54040 |
|  \* | Seazen Group Ltd. | 568000 | 142858 |
|  \* | Seazen Holdings Co. Ltd., Class A | 16700 | 31160 |
|  | S-Enjoy Service Group Co. Ltd. | 63000 | 22745 |
|  | Shaanxi Construction Engineering Group Corp. Ltd., Class A | 44500 | 24009 |
|  \* | Shaanxi Heimao Coking Co. Ltd., Class A | 58400 | 23332 |
|  | Shan Xi Hua Yang Group New Energy Co. Ltd., Class A | 29350 | 26475 |
|  | Shandong Bohui Paper Industrial Co. Ltd., Class A | 30100 | 17835 |
|  \* | Shandong Dongyue Silicone Material Co. Ltd., Class A | 23500 | 23628 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shandong Haihua Co. Ltd., Class A | 23600 | $17285 |
|  | Shandong Hi-Speed Road & Bridge Group Co. Ltd., Class A | 14900 | 11490 |
|  | Shandong Huatai Paper Industry Shareholding Co. Ltd., Class A | 46100 | 21655 |
|  | Shandong Humon Smelting Co. Ltd., Class A | 11000 | 16415 |
|  | Shandong Jincheng Pharmaceutical Group Co. Ltd., Class A | 10900 | 23506 |
|  | Shandong Lukang Pharma, Class A | 17900 | 24406 |
|  | Shandong Pharmaceutical Glass Co. Ltd., Class A | 6300 | 19256 |
|  | Shandong Publishing & Media Co. Ltd., Class A | 16300 | 22033 |
|  | Shandong Weifang Rainbow Chemical Co. Ltd., Class A | 2000 | 14492 |
|  | Shandong Weigao Group Medical Polymer Co. Ltd., Class H | 284000 | 209042 |
|  | Shandong WIT Dyne Health Co. Ltd., Class A | 6000 | 25253 |
|  | Shandong Xiantan Co. Ltd., Class A | 11300 | 9240 |
|  | Shandong Xinhua Pharmaceutical Co. Ltd., Class H | 32000 | 22645 |
|  | Shandong Yisheng Livestock & Poultry Breeding Co. Ltd., Class A | 10300 | 11740 |
|  \* | Shanghai Aerospace Automobile Electromechanical Co. Ltd., Class A | 15500 | 13704 |
|  \* | Shanghai Aiko Solar Energy Co. Ltd., Class A | 20000 | 28948 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shanghai Bailian Group Co. Ltd., Class A | 25800 | $34000 |
|  | Shanghai Bright Meat Group Co. Ltd., Class A | 27000 | 30155 |
|  | Shanghai Datun Energy Resources Co. Ltd., Class A | 13300 | 20298 |
|  | Shanghai Environment Group Co. Ltd., Class A | 21400 | 23178 |
|  | Shanghai Gench Education Group Ltd. | 16500 | 4780 |
|  | Shanghai Huayi Group Co. Ltd., Class A | 22900 | 21453 |
|  | Shanghai Jahwa United Co. Ltd., Class A | 4000 | 12890 |
|  | Shanghai Jinjiang International Hotels Co. Ltd., Class A | 7000 | 23149 |
|  | Shanghai Kaibao Pharmaceutical Co. Ltd., Class A | 24600 | 19934 |
|  | Shanghai Mechanical & Electrical Industry Co. Ltd., Class A | 17300 | 52891 |
|  \* | Shanghai Milkground Food Tech Co. Ltd., Class A | 8700 | 31190 |
|  # | Shanghai Pharmaceuticals Holding Co. Ltd., Class H | 135800 | 185710 |
|  | Shanghai Pret Composites Co. Ltd., Class A | 17300 | 24671 |
|  | Shanghai QiFan Cable Co. Ltd., Class A | 9600 | 19360 |
|  | Shanghai Runda Medical Technology Co. Ltd., Class A | 10500 | 26097 |
|  | Shanghai Shyndec Pharmaceutical Co. Ltd., Class A | 12100 | 17052 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shanghai Tongji Science & Technology Industrial Co. Ltd., Class A | 17400 | $22682 |
|  | Shanghai Tunnel Engineering Co. Ltd., Class A | 53000 | 43408 |
|  | Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd., Class A | 11000 | 17005 |
|  | Shanghai Zhenhua Heavy Industries Co. Ltd., Class A | 45100 | 26469 |
|  \* | Shanghai Zhonggu Logistics Co. Ltd., Class A | 26300 | 38949 |
|  | Shanghai Zijiang Enterprise Group Co. Ltd., Class A | 15300 | 13220 |
|  | Shantui Construction Machinery Co. Ltd., Class A | 17600 | 21141 |
|  | Shanxi Blue Flame Holding Co. Ltd., Class A | 27000 | 23803 |
|  | Shanxi Coal International Energy Group Co. Ltd., Class A | 14800 | 19298 |
|  | Shanxi Coking Co. Ltd., Class A | 36800 | 17634 |
|  | Shanxi Hi-speed Group Co. Ltd., Class A | 32600 | 22444 |
|  \* | Shanxi Lanhua Sci-Tech Venture Co. Ltd., Class A | 25480 | 23717 |
|  \* | Shanxi Meijin Energy Co. Ltd., Class A | 37100 | 21464 |
|  \*W | Shengjing Bank Co. Ltd., Class H | 95000 | 11191 |
|  | Shenma Industry Co. Ltd., Class A | 26406 | 29211 |
|  | Shenzhen Agricultural Power Group Co. Ltd., Class A | 12300 | 10740 |
|  | Shenzhen Airport Co. Ltd., Class A | 36800 | 34318 |
|  | Shenzhen Aisidi Co. Ltd., Class A | 14000 | 22408 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shenzhen Center Power Tech Co. Ltd., Class A | 10500 | $20715 |
|  | Shenzhen Cereals Holdings Co. Ltd., Class A | 20900 | 19346 |
|  | Shenzhen Colibri Technologies Co. Ltd., Class A | 11800 | 24614 |
|  | Shenzhen Das Intellitech Co. Ltd., Class A | 65900 | 28830 |
|  | Shenzhen Desay Battery Technology Co., Class A | 5980 | 17431 |
|  \* | Shenzhen Dynanonic Co. Ltd., Class A | 5800 | 22337 |
|  \* | Shenzhen Everwin Precision Technology Co. Ltd., Class A | 8300 | 24670 |
|  | Shenzhen Fuanna Bedding & Furnishing Co. Ltd., Class A | 18500 | 19808 |
|  | Shenzhen Gas Corp. Ltd., Class A | 31800 | 27936 |
|  | Shenzhen Gongjin Electronics Co. Ltd., Class A | 18500 | 23271 |
|  \*W | Shenzhen Hepalink Pharmaceutical Group Co. Ltd., Class H | 23500 | 13467 |
|  | Shenzhen Hopewind Electric Co. Ltd., Class A | 11200 | 45964 |
|  | Shenzhen International Holdings Ltd. | 282255 | 288756 |
|  | Shenzhen Invt Electric Co. Ltd., Class A | 20200 | 21426 |
|  | Shenzhen Jinjia Group Co. Ltd., Class A | 40200 | 19938 |
|  | Shenzhen Jufei Optoelectronics Co. Ltd., Class A | 22000 | 17819 |
|  | Shenzhen Kedali Industry Co. Ltd., Class A | 2100 | 38081 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shenzhen Kingkey Smart Agriculture Times Co. Ltd., Class A | 9100 | $18819 |
|  | Shenzhen Kinwong Electronic Co. Ltd., Class A | 8200 | 31540 |
|  | Shenzhen Laibao Hi-tech Co. Ltd., Class A | 13600 | 17733 |
|  | Shenzhen Leaguer Co. Ltd., Class A | 19200 | 21761 |
|  | Shenzhen Microgate Technology Co. Ltd., Class A | 16900 | 23825 |
|  | Shenzhen MTC Co. Ltd., Class A | 47100 | 27969 |
|  \* | Shenzhen Neptunus Bioengineering Co. Ltd., Class A | 69600 | 21715 |
|  \* | Shenzhen New Nanshan Holding Group Co. Ltd., Class A | 67000 | 23709 |
|  | Shenzhen Noposin Crop Science Co. Ltd., Class A | 11900 | 15473 |
|  # | Shenzhen Pagoda Industrial Group Corp. Ltd. | 104000 | 13318 |
|  | Shenzhen SC New Energy Technology Corp., Class A | 4900 | 37091 |
|  | Shenzhen Senior Technology Material Co. Ltd., Class A | 20700 | 25916 |
|  | Shenzhen Suntak Circuit Technology Co. Ltd., Class A | 16600 | 23064 |
|  | Shenzhen Tagen Group Co. Ltd., Class A | 43000 | 21068 |
|  | Shenzhen Topband Co. Ltd., Class A | 16700 | 32201 |
|  | Shenzhen Woer Heat-Shrinkable Material Co. Ltd., Class A | 17300 | 43824 |
|  | Shenzhen Yan Tian Port Holding Co. Ltd., Class A | 54696 | 34118 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shenzhen Yinghe Technology Co. Ltd., Class A | 7600 | $17266 |
|  | Shenzhen YUTO Packaging Technology Co. Ltd., Class A | 11400 | 32532 |
|  \* | Shenzhen Zhenye Group Co. Ltd., Class A | 14700 | 12861 |
|  | Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd., Class A | 59400 | 36505 |
|  \* | Shijiazhuang Changshan BeiMing Technology Co. Ltd., Class A | 16300 | 50577 |
|  | Shinva Medical Instrument Co. Ltd., Class A | 13920 | 28192 |
|  †† | Shouhang High-Tech Energy Co. Ltd., Class A | 26100 | 252 |
|  | Shuangliang Eco-Energy Systems Co. Ltd., Class A | 38900 | 23502 |
|  | Shui On Land Ltd. | 685000 | 58225 |
|  | Sichuan Chengfei Integration Technology Corp., Class A | 7000 | 16019 |
|  | Sichuan EM Technology Co. Ltd., Class A | 18700 | 23188 |
|  | Sichuan Haite High-tech Co. Ltd., Class A | 9300 | 11826 |
|  | Sichuan Hebang Biotechnology Co. Ltd., Class A | 93900 | 21860 |
|  \* | Sichuan Lutianhua Co. Ltd., Class A | 21500 | 14310 |
|  | Sichuan Yahua Industrial Group Co. Ltd., Class A | 16200 | 24953 |
|  | Sihuan Pharmaceutical Holdings Group Ltd. | 885000 | 82095 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Sino Biopharmaceutical Ltd. | 412000 | $206906 |
|  \* | Sinochem International Corp., Class A | 36300 | 17906 |
|  | Sinofert Holdings Ltd. | 518000 | 78210 |
|  | Sinoma International Engineering Co., Class A | 14100 | 17798 |
|  | Sinoma Science & Technology Co. Ltd., Class A | 22400 | 42371 |
|  | Sinomach Automobile Co. Ltd., Class A | 21100 | 18395 |
|  | Sinomach Precision Industry Group Co. Ltd., Class A | 7100 | 15012 |
|  | Sinomine Resource Group Co. Ltd., Class A | 5300 | 21235 |
|  | Sinopec Engineering Group Co. Ltd., Class H | 269000 | 191411 |
|  \* | Sinopec Oilfield Equipment Corp., Class A | 28700 | 23597 |
|  \* | Sinopec Shanghai Petrochemical Co. Ltd., Class H | 358000 | 53025 |
|  | Sinopharm Group Co. Ltd., Class H | 223200 | 526026 |
|  | Sino-Platinum Metals Co. Ltd., Class A | 10790 | 19594 |
|  | Sinosteel Engineering & Technology Co. Ltd., Class A | 25100 | 22287 |
|  | Sinosteel New Materials Co. Ltd., Class A | 20200 | 21726 |
|  | Sinotrans Ltd., Class H | 409000 | 177752 |
|  | Sinotruk Jinan Truck Co. Ltd., Class A | 19900 | 46552 |
|  # | Skyworth Group Ltd. | 207978 | 79823 |
|  W | Smoore International Holdings Ltd. | 29000 | 50194 |
|  | Snowsky Salt Industry Group Co. Ltd., Class A | 29900 | 20541 |
|  | Sobute New Materials Co. Ltd., Class A | 6400 | 7195 |
|  #\* | SOHO China Ltd. | 217500 | 15132 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | SSY Group Ltd. | 196000 | $74380 |
|  | Stanley Agricultural Group Co. Ltd., Class A | 24600 | 28414 |
|  | Star Lake Bioscience Co., Inc. Zhaoqing Guangdong, Class A | 29900 | 31124 |
|  | STO Express Co. Ltd., Class A | 17500 | 25752 |
|  | Sumec Corp. Ltd., Class A | 11800 | 15373 |
|  \* | Sun King Technology Group Ltd. | 130000 | 18598 |
|  | Suning Universal Co. Ltd., Class A | 98300 | 29240 |
|  \* | Sunstone Development Co. Ltd., Class A | 10700 | 25613 |
|  | Sunward Intelligent Equipment Co. Ltd., Class A | 27200 | 26200 |
|  | Sunwoda Electronic Co. Ltd., Class A | 11500 | 30076 |
|  | Suzhou Anjie Technology Co. Ltd., Class A | 11300 | 20025 |
|  | Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A | 13300 | 47330 |
|  | Suzhou New District Hi-Tech Industrial Co. Ltd., Class A | 28600 | 20836 |
|  | Symphony Holdings Ltd. | 280000 | 29532 |
|  \* | Tangrenshen Group Co. Ltd., Class A | 26800 | 17871 |
|  \* | Tangshan Jidong Cement Co. Ltd., Class A | 38400 | 25042 |
|  | TangShan Port Group Co. Ltd., Class A | 58200 | 32153 |
|  | Tangshan Sanyou Chemical Industries Co. Ltd., Class A | 25500 | 17057 |
|  | Tayho Advanced Materials Group Co. Ltd., Class A | 24900 | 35053 |
|  | TCL Electronics Holdings Ltd. | 176000 | 222323 |
|  | TDG Holdings Co. Ltd., Class A | 25500 | 22850 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Three's Co. Media Group Co. Ltd., Class A | 6200 | $23653 |
|  | Tian Di Science & Technology Co. Ltd., Class A | 50500 | 43094 |
|  | Tiande Chemical Holdings Ltd. | 56000 | 7766 |
|  | Tiangong International Co. Ltd. | 254000 | 69009 |
|  | Tianjin Capital Environmental Protection Group Co. Ltd., Class H | 88000 | 36123 |
|  | Tianjin Chase Sun Pharmaceutical Co. Ltd., Class A | 75500 | 35188 |
|  | Tianjin Port Co. Ltd., Class A | 34400 | 20951 |
|  | Tianjin Ringpu Bio-Technology Co. Ltd., Class A | 8400 | 23608 |
|  | Tianjin Teda Co. Ltd., Class A | 33800 | 17172 |
|  | Tianjin You Fa Steel Pipe Group Stock Co. Ltd., Class A | 32500 | 25490 |
|  \* | Tianma Microelectronics Co. Ltd., Class A | 33800 | 37136 |
|  # | Tianqi Lithium Corp., Class H | 25400 | 75506 |
|  | Tianrun Industry Technology Co. Ltd., Class A | 30100 | 25598 |
|  | Tianshan Aluminum Group Co. Ltd., Class A | 42200 | 43293 |
|  | Titan Wind Energy Suzhou Co. Ltd., Class A | 20900 | 18508 |
|  | Tofflon Science & Technology Group Co. Ltd., Class A | 15300 | 24781 |
|  | Toly Bread Co. Ltd., Class A | 25900 | 19369 |
|  | Tomson Group Ltd. | 63669 | 22031 |
|  | Tong Ren Tang Technologies Co. Ltd., Class H | 110000 | 67108 |
|  | Tongcheng Travel Holdings Ltd. | 25600 | 67149 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Tongguan Gold Group Ltd. | 82000 | $12567 |
|  | Tongyu Heavy Industry Co. Ltd., Class A | 63900 | 21468 |
|  | Topsec Technologies Group, Inc., Class A | 35600 | 35442 |
|  W | Topsports International Holdings Ltd. | 326000 | 129604 |
|  | TravelSky Technology Ltd., Class H | 131000 | 182360 |
|  \* | Triumph New Energy Co. Ltd., Class H | 22000 | 9740 |
|  | Truly International Holdings Ltd. | 408000 | 50088 |
|  | TSP Wind Power Group Co. Ltd. | 12900 | 11284 |
|  †† | Tunghsu Optoelectronic Technology Co. Ltd., Class A | 82400 | 3177 |
|  | Unilumin Group Co. Ltd., Class A | 32500 | 31079 |
|  | Uni-President China Holdings Ltd. | 33000 | 39593 |
|  | Universal Scientific Industrial Shanghai Co. Ltd., Class A | 16000 | 30557 |
|  | Valiant Co. Ltd., Class A | 18300 | 27506 |
|  | Vats Liquor Chain Store Management JSC Ltd. (300755 C2), Class A | 8300 | 20003 |
|  | Vatti Corp. Ltd., Class A | 9200 | 8199 |
|  \*W | Venus MedTech Hangzhou, Inc., Class H | 62500 | 20550 |
|  | Vipshop Holdings Ltd., ADR | 49285 | 671262 |
|  \* | Visionox Technology, Inc., Class A | 27100 | 31943 |
|  \*W | Viva Biotech Holdings | 265500 | 50314 |
|  #\* | Vnet Group, Inc., ADR | 13987 | 87978 |
|  | Wangneng Environment Co. Ltd., Class A | 8300 | 20403 |
|  | Wanxiang Qianchao Co. Ltd., Class A | 44640 | 39997 |
|  | Wasion Holdings Ltd. | 98000 | 101381 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Wasu Media Holding Co. Ltd., Class A | 36300 | $38527 |
|  | Weichai Power Co. Ltd., Class H | 259000 | 505283 |
|  | Weifu High-Technology Group Co. Ltd., Class A | 9600 | 25810 |
|  | Weihai Guangtai Airport Equipment Co. Ltd., Class A | 13600 | 17581 |
|  \* | Wellhope Foods Co. Ltd., Class A | 18100 | 20818 |
|  | Wencan Group Co. Ltd., Class A | 6200 | 17440 |
|  # | West China Cement Ltd. | 528000 | 106062 |
|  | Western Securities Co. Ltd., Class A | 18300 | 18984 |
|  | Windey Energy Technology Group Co. Ltd., Class A | 11000 | 15925 |
|  | Wuchan Zhongda Group Co. Ltd., Class A | 60523 | 42397 |
|  \* | Wuhan P&S Information Technology Co. Ltd., Class A | 29800 | 42113 |
|  | Wuhu Token Science Co. Ltd., Class A | 27900 | 21831 |
|  | Wushang Group Co. Ltd., Class A | 20400 | 26150 |
|  \*W | Wuxi Biologics Cayman, Inc. | 28500 | 82776 |
|  | Wuxi Boton Technology Co. Ltd., Class A | 10500 | 33178 |
|  | Wuxi Huaguang Environment & Energy Group Co. Ltd., Class A | 17800 | 22382 |
|  | Wuxi Paike New Materials Technology Co. Ltd., Class A | 3200 | 24440 |
|  | Wuxi Rural Commercial Bank Co. Ltd., Class A | 30400 | 23163 |
|  | Wuxi Taiji Industry Ltd. Co., Class A | 21300 | 18568 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  W | Xiabuxiabu Catering Management China Holdings Co. Ltd. | 91500 | $8543 |
|  | Xiamen Bank Co. Ltd., Class A | 57200 | 45392 |
|  | Xiamen C & D, Inc., Class A | 29600 | 42457 |
|  | Xiamen Changelight Co. Ltd., Class A | 14500 | 21188 |
|  | Xiamen ITG Group Corp. Ltd., Class A | 19700 | 17010 |
|  | Xiamen Kingdomway Group Co., Class A | 8500 | 18564 |
|  | Xiamen Tungsten Co. Ltd., Class A | 13000 | 32839 |
|  | Xiamen Xiangyu Co. Ltd., Class A | 31700 | 28294 |
|  | Xiandai Investment Co. Ltd., Class A | 19900 | 10850 |
|  | Xianhe Co. Ltd., Class A | 7900 | 22861 |
|  | Xilinmen Furniture Co. Ltd., Class A | 7900 | 16649 |
|  | Xinfengming Group Co. Ltd., Class A | 25400 | 37737 |
|  | Xingfa Aluminium Holdings Ltd. | 46000 | 45466 |
|  | Xinjiang Communications Construction Group Co. Ltd., Class A | 13200 | 20083 |
|  | Xinjiang Joinworld Co. Ltd., Class A | 10900 | 9998 |
|  | Xinjiang Qingsong Building Materials & Chemicals Group Co. Ltd., Class A | 41700 | 21392 |
|  | Xinjiang Xuefeng Sci-Tech Group Co. Ltd., Class A | 23700 | 31701 |
|  | Xinxiang Chemical Fiber Co. Ltd., Class A | 42300 | 22700 |
|  | Xinxing Ductile Iron Pipes Co. Ltd., Class A | 78600 | 36453 |
|  # | Xinyi Energy Holdings Ltd. | 723658 | 85695 |
|  | Xinyi Solar Holdings Ltd. | 172000 | 57200 |
|  | Xinyu Iron & Steel Co. Ltd., Class A | 80000 | 44534 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Xinzhi Group Co. Ltd., Class A | 12200 | $28962 |
|  | Xizi Clean Energy Equipment Manufacturing Co. Ltd., Class A | 14900 | 22245 |
|  | Xtep International Holdings Ltd. | 271170 | 184925 |
|  | Yangling Metron New Material, Inc., Class A | 6200 | 16094 |
|  \* | Yangmei Chemical Co. Ltd., Class A | 30500 | 8525 |
|  W | Yangtze Optical Fibre & Cable Joint Stock Co. Ltd., Class H | 19500 | 34398 |
|  # | Yankuang Energy Group Co. Ltd., Class H | 412400 | 430720 |
|  | Yantai Changyu Pioneer Wine Co. Ltd., Class A | 6300 | 19603 |
|  | Yantai Zhenghai Magnetic Material Co. Ltd., Class A | 9300 | 15885 |
|  #\* | Yeahka Ltd. | 31200 | 31209 |
|  | Yechiu Metal Recycling China Ltd., Class A | 67200 | 22104 |
|  | Yeebo International Holdings Ltd. | 102000 | 21292 |
|  #\*W | YiChang HEC ChangJiang Pharmaceutical Co. Ltd., Class H | 89600 | 143694 |
|  | Yifan Pharmaceutical Co. Ltd., Class A | 13300 | 20776 |
|  | Yixintang Pharmaceutical Group Co. Ltd., Class A | 12000 | 23436 |
|  | Yonfer Agricultural Technology Co. Ltd., Class A | 24300 | 45401 |
|  | Yongjin Technology Group Co. Ltd. | 9000 | 20183 |
|  | YongXing Special Materials Technology Co. Ltd., Class A | 5500 | 23220 |
|  | Yotrio Group Co. Ltd., Class A | 60200 | 28893 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Youngy Co. Ltd., Class A | 6000 | $22446 |
|  | Youzu Interactive Co. Ltd., Class A | 19500 | 25301 |
|  \* | Yueyang Forest & Paper Co. Ltd., Class A | 45200 | 26672 |
|  | YUNDA Holding Group Co. Ltd., Class A | 31300 | 29270 |
|  | Yunnan Copper Co. Ltd., Class A | 26500 | 42516 |
|  | Yunnan Energy Investment Co. Ltd., Class A | 7600 | 11403 |
|  | Yunnan Tin Co. Ltd., Class A | 12900 | 24569 |
|  | Yusys Technologies Co. Ltd., Class A | 14600 | 48442 |
|  | ZBOM Home Collection Co. Ltd., Class A | 11500 | 17289 |
|  | Zhejiang Asia-Pacific Mechanical & Electronic Co. Ltd., Class A | 16600 | 25135 |
|  | Zhejiang Communications Technology Co. Ltd., Class A | 36540 | 19361 |
|  | Zhejiang Conba Pharmaceutical Co. Ltd., Class A | 29300 | 17722 |
|  | Zhejiang Crystal-Optech Co. Ltd., Class A | 14600 | 39568 |
|  | Zhejiang Daily Digital Culture Group Co. Ltd., Class A | 19300 | 37371 |
|  | Zhejiang Garden Biopharmaceutical Co. Ltd., Class A | 7600 | 15863 |
|  | Zhejiang Guyuelongshan Shaoxing Wine Co. Ltd., Class A | 15800 | 19229 |
|  | Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co. Ltd. | 16200 | 25116 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Zhejiang Hailiang Co. Ltd., Class A | 37200 | $48937 |
|  | Zhejiang HangKe Technology, Inc. Co., Class A | 5930 | 13950 |
|  | Zhejiang Hangmin Co. Ltd., Class A | 13800 | 13445 |
|  \* | Zhejiang Hisun Pharmaceutical Co. Ltd., Class A | 11500 | 14039 |
|  | Zhejiang Huace Film & Television Co. Ltd., Class A | 22700 | 22500 |
|  | Zhejiang Huangma Technology Co. Ltd., Class A | 13600 | 22650 |
|  | Zhejiang Jiahua Energy Chemical Industry Co. Ltd., Class A | 27100 | 31896 |
|  | Zhejiang Jiecang Linear Motion Technology Co. Ltd., Class A | 9600 | 56700 |
|  | Zhejiang Jingu Co. Ltd., Class A | 17100 | 32495 |
|  | Zhejiang Jingxin Pharmaceutical Co. Ltd., Class A | 15400 | 28958 |
|  | Zhejiang Jiuzhou Pharmaceutical Co. Ltd., Class A | 10500 | 19851 |
|  | Zhejiang Longsheng Group Co. Ltd., Class A | 24500 | 33113 |
|  | Zhejiang Narada Power Source Co. Ltd., Class A | 19200 | 37275 |
|  | Zhejiang Qianjiang Motorcycle Co. Ltd., Class A | 8700 | 18165 |
|  | Zhejiang Runtu Co. Ltd., Class A | 22300 | 21366 |
|  | Zhejiang Semir Garment Co. Ltd., Class A | 32200 | 24912 |
|  | Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co. Ltd., Class A | 27080 | 19337 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Zhejiang Southeast Space Frame Co. Ltd., Class A | 16800 | $9440 |
|  \* | Zhejiang Sunriver Culture Tourism Co. Ltd., Class A | 28400 | 37685 |
|  | Zhejiang Taihua New Material Group Co. Ltd., Class A | 9200 | 12073 |
|  | Zhejiang Tianyu Pharmaceutical Co. Ltd., Class A | 5500 | 16873 |
|  | Zhejiang Wanfeng Auto Wheel Co. Ltd., Class A | 22300 | 51278 |
|  | Zhejiang Wanliyang Co. Ltd., Class A | 23600 | 23833 |
|  | Zhejiang Wanma Co. Ltd., Class A | 20500 | 41731 |
|  | Zhejiang Wansheng Co. Ltd., Class A | 7900 | 10325 |
|  | Zhejiang Xianju Pharmaceutical Co. Ltd., Class A | 11600 | 14358 |
|  | Zhejiang Xinan Chemical Industrial Group Co. Ltd., Class A | 13160 | 13740 |
|  | Zhejiang Yasha Decoration Co. Ltd., Class A | 30000 | 14909 |
|  | Zhende Medical Co. Ltd., Class A | 2900 | 7643 |
|  | Zhengzhou Coal Mining Machinery Group Co. Ltd., Class H | 53400 | 88891 |
|  | Zhenjiang Dongfang Electric Heating Technology Co. Ltd., Class A | 43800 | 28245 |
|  | Zhewen Interactive Group Co. Ltd., Class A | 35300 | 38933 |
|  \*W | ZhongAn Online P&C Insurance Co. Ltd., Class H | 139000 | 200716 |
|  | ZhongMan Petroleum & Natural Gas Group Corp. Ltd., Class A | 8700 | 19245 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Zhongshan Broad Ocean Motor Co. Ltd., Class A | 53700 | $51246 |
|  | Zhongsheng Group Holdings Ltd. | 159500 | 239997 |
|  | Zhongtong Bus Holding Co. Ltd., Class A | 14200 | 21701 |
|  \*W | Zhongyuan Bank Co. Ltd., Class H | 145000 | 5913 |
|  W | Zhou Hei Ya International Holdings Co. Ltd. | 213500 | 69207 |
|  | Zhuhai Huafa Properties Co. Ltd., Class A | 46300 | 32482 |
|  | Zhuzhou CRRC Times Electric Co. Ltd., Class H | 45800 | 183834 |
|  | Zhuzhou Kibing Group Co. Ltd., Class A | 51400 | 38251 |
|  | Zibo Qixiang Tengda Chemical Co. Ltd., Class A | 26900 | 16501 |
|  W | ZJLD Group, Inc. | 24000 | 20062 |
|  # | Zoomlion Heavy Industry Science & Technology Co. Ltd., Class H | 269800 | 194413 |
|  | ZTO Express Cayman, Inc. (2057 HK) | 7050 | 131298 |
|  TOTAL CHINA | TOTAL CHINA |  | 45619846 |
|  COLOMBIA — (0.0%) | COLOMBIA — (0.0%) |  |  |
|  | Almacenes Exito SA, BDR | 19278 | 35362 |
|  \* | Corp. Financiera Colombiana SA | 38292 | 150066 |
|  TOTAL COLOMBIA | TOTAL COLOMBIA |  | 185428 |
|  DENMARK — (2.1%) | DENMARK — (2.1%) |  |  |
|  | Alm Brand AS | 302698 | 717240 |
|  \* | Bavarian Nordic AS | 15364 | 365299 |
|  #\* | Better Collective AS | 3832 | 50433 |
|  \* | Cadeler AS (CADLR NO) | 611 | 3195 |
|  | Columbus AS | 23788 | 42557 |
|  | D/S Norden AS | 9351 | 254648 |
|  | FLSmidth & Co. AS | 17559 | 831282 |
|  | Foroya Banki P | 1321 | 35219 |
|  #\* | GN Store Nord AS | 27186 | 410461 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  DENMARK — (Continued) | DENMARK — (Continued) |  |  |
|  | H Lundbeck AS (HLUNA DC), Class A | 24658 | $101845 |
|  | H Lundbeck AS (HLUNB DC) | 97184 | 465075 |
|  \* | H&H International AS, Class B | 5056 | 93015 |
|  | ISS AS | 44132 | 1107336 |
|  | Jyske Bank AS | 18173 | 1490520 |
|  | Matas AS | 13030 | 268930 |
|  #\* | Nilfisk Holding AS | 3486 | 46188 |
|  \* | NKT AS | 19205 | 1563708 |
|  | Per Aarsleff Holding AS | 6619 | 533301 |
|  | Ringkjoebing Landbobank AS | 9222 | 1763305 |
|  | Rockwool AS, Class A | 14160 | 645663 |
|  | Rockwool AS, Class B | 26200 | 1196034 |
|  | Royal Unibrew AS | 46 | 3658 |
|  W | Scandinavian Tobacco Group AS | 22438 | 326598 |
|  | Schouw & Co. AS | 4623 | 421385 |
|  | Solar AS, Class B | 200 | 7700 |
|  | SP Group AS | 2842 | 116460 |
|  \* | Spar Nord Bank AS | 34913 | 1120377 |
|  | Sparekassen Sjaelland-Fyn AS | 4899 | 211724 |
|  | Sydbank AS | 19669 | 1259610 |
|  | Tryg AS | 7888 | 188132 |
|  | Vestjysk Bank AS | 80172 | 52309 |
|  TOTAL DENMARK | TOTAL DENMARK |  | 15693207 |
|  FINLAND — (1.7%) | FINLAND — (1.7%) |  |  |
|  | Aktia Bank OYJ | 11821 | 134012 |
|  | Alandsbanken Abp, Class B | 2284 | 95025 |
|  | Anora Group OYJ | 7486 | 27867 |
|  | Apetit OYJ | 1113 | 17302 |
|  | Atria OYJ | 3506 | 51482 |
|  | Bittium OYJ | 5009 | 38928 |
|  | Digia OYJ | 4078 | 30824 |
|  | Fiskars OYJ Abp | 10410 | 172973 |
|  | Fortum OYJ | 89128 | 1494369 |
|  \* | Glaston OYJ Abp | 4426 | 6929 |
|  | Hiab OYJ | 10303 | 490245 |
|  | Huhtamaki OYJ | 25055 | 922467 |
|  | Kalmar OYJ, Class B | 10303 | 326409 |
|  | Kemira OYJ | 32084 | 662023 |
|  | Kesko OYJ (KESKOA FH), Class A | 770 | 17219 |
|  | Kesko OYJ (KESKOB FH), Class B | 7458 | 171227 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  FINLAND — (Continued) | FINLAND — (Continued) |  |  |
|  | Konecranes OYJ | 13010 | $871644 |
|  \* | Lindex Group OYJ | 15071 | 45234 |
|  | Mandatum OYJ | 91786 | 648700 |
|  # | Metsa Board OYJ (METSA FH), Class A | 2149 | 14616 |
|  | Metsa Board OYJ (METSB FH), Class B | 15747 | 57492 |
|  | Neste OYJ | 2556 | 26514 |
|  | NoHo Partners OYJ | 1625 | 17475 |
|  | Nokian Renkaat OYJ | 29900 | 237849 |
|  | Olvi OYJ, Class A | 1595 | 59805 |
|  | Oma Saastopankki OYJ | 1150 | 11879 |
|  | Oriola OYJ (OKDBV FH), Class B | 11313 | 14015 |
|  | Outokumpu OYJ | 82658 | 318161 |
|  | Pihlajalinna OYJ | 6174 | 97402 |
|  | Ponsse OYJ | 730 | 22424 |
|  | Raisio OYJ, Class V | 23694 | 66042 |
|  | Sanoma OYJ | 19907 | 219299 |
|  | Scanfil OYJ | 3530 | 34826 |
|  \* | SRV Group OYJ | 786 | 4667 |
|  | Stora Enso OYJ, Class R | 121170 | 1125474 |
|  \* | Teleste OYJ | 3463 | 11482 |
|  W | Terveystalo OYJ | 22008 | 305862 |
|  | TietoEVRY OYJ | 11880 | 212831 |
|  | Tokmanni Group Corp. | 725 | 11439 |
|  | UPM-Kymmene OYJ | 79119 | 2095554 |
|  # | Valmet OYJ | 38832 | 1185699 |
|  | Wartsila OYJ Abp | 17828 | 329403 |
|  #\* | YIT OYJ | 27688 | 80809 |
|  TOTAL FINLAND | TOTAL FINLAND |  | 12785898 |
|  FRANCE — (4.0%) | FRANCE — (4.0%) |  |  |
|  \* | 74Software SA | 2602 | 100392 |
|  | ABC arbitrage | 5304 | 36247 |
|  | Accor SA | 4281 | 210935 |
|  \* | Alstom SA | 81487 | 1967843 |
|  | Alten SA | 4916 | 416697 |
|  W | Amundi SA | 10773 | 850972 |
|  | Arkema SA | 14903 | 1133008 |
|  # | Assystem SA | 1526 | 66311 |
|  | Aubay | 1145 | 59731 |
|  W | Ayvens SA | 28527 | 289170 |
|  # | Beneteau SACA | 6175 | 56494 |
|  | Boiron SA | 1406 | 38702 |
|  | Bonduelle SCA | 2599 | 24308 |
|  | Bouygues SA | 51932 | 2282687 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FRANCE — (Continued) | FRANCE — (Continued) |  |  |
|  | Caisse Regionale de Credit Agricole Mutuel du Languedoc SCCV | 448 | $27717 |
|  \* | Canal & SA | 175700 | 399235 |
|  | Carrefour SA | 124412 | 1918895 |
|  | CBo Territoria | 11180 | 47092 |
|  | Cie des Alpes | 6017 | 118401 |
|  | Coface SA | 34135 | 699657 |
|  | Derichebourg SA | 27304 | 187817 |
|  | Eiffage SA | 20030 | 2725537 |
|  \*W | Elior Group SA | 41700 | 126323 |
|  | Elis SA | 58949 | 1513166 |
|  # | Eramet SA | 1602 | 88828 |
|  | Esso SA Francaise | 757 | 121683 |
|  | Etablissements Maurel et Prom SA | 22578 | 116223 |
|  | Exel Industries SA, Class A | 396 | 15818 |
|  | Fnac Darty SA (FNAC FP) | 2442 | 85026 |
|  | Forvia SE (FRVIA FP) | 14130 | 109150 |
|  #\* | Genfit SA | 2917 | 11811 |
|  | GL Events SACA | 2532 | 63139 |
|  | Groupe Crit SA | 1048 | 80859 |
|  | Groupe SFPI | 8334 | 20400 |
|  # | Guerbet | 1473 | 33512 |
|  | Imerys SA | 5123 | 171130 |
|  | IPSOS SA | 11856 | 561318 |
|  | Jacquet Metals SACA  | 2639 | 62074 |
|  \* | JCDecaux SE | 7476 | 130114 |
|  | Laurent-Perrier | 749 | 82407 |
|  | LISI SA | 3548 | 111102 |
|  | LNA Sante SA | 1202 | 31291 |
|  \* | Louis Hachette Group  | 28465 | 44881 |
|  #W | Maisons du Monde SA | 4232 | 13196 |
|  | Manitou BF SA | 2169 | 50017 |
|  | Mersen SA | 4415 | 94625 |
|  | Metropole Television SA | 6128 | 96288 |
|  #\* | Nexity SA | 9935 | 104173 |
|  | NRJ Group | 6338 | 47752 |
|  | Opmobility | 8759 | 98164 |
|  | Quadient SA | 4315 | 81678 |
|  | Remy Cointreau SA | 4004 | 217072 |
|  | Renault SA | 55113 | 2927117 |
|  | Rexel SA | 53173 | 1477339 |
|  | Samse SACA | 262 | 41863 |
|  | Savencia SA | 1752 | 132683 |
|  | SCOR SE | 28495 | 897854 |
|  | SEB SA | 5149 | 485700 |
|  \*W | SMCP SA | 4654 | 16778 |
|  | Societe BIC SA | 5124 | 331531 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FRANCE — (Continued) | FRANCE — (Continued) |  |  |
|  | Societe LDC SADIR | 1650 | $143230 |
|  \* | SOITEC | 3080 | 174807 |
|  | Sopra Steria Group | 2889 | 592357 |
|  | Stef SA | 1010 | 145630 |
|  \* | Synergie SE | 2390 | 82628 |
|  | Teleperformance SE | 6515 | 714403 |
|  | Television Francaise 1 SA | 11443 | 109343 |
|  | Thermador Groupe | 289 | 21637 |
|  | Trigano SA | 2049 | 243414 |
|  \* | Ubisoft Entertainment SA | 2364 | 27853 |
|  | Valeo SE | 34842 | 346022 |
|  \* | Vallourec SACA | 43624 | 806285 |
|  | Vetoquinol SA | 520 | 43937 |
|  | Vicat SACA | 5082 | 284559 |
|  | VIEL & Cie SA | 3477 | 53281 |
|  \* | Viridien | 1415 | 83949 |
|  | Vivendi SE | 175700 | 547913 |
|  #\* | Voltalia SA | 8487 | 70334 |
|  | Vranken-Pommery Monopole SA | 1043 | 13888 |
|  \*W | Worldline SA | 38990 | 216025 |
|  TOTAL FRANCE | TOTAL FRANCE |  | 29073428 |
|  GERMANY — (3.9%) | GERMANY — (3.9%) |  |  |
|  | 1&1 AG | 10207 | 181372 |
|  | 7C Solarparken AG | 11382 | 25978 |
|  | Adtran Networks SE | 551 | 12670 |
|  | All for One Group SE | 212 | 13624 |
|  | AlzChem Group AG | 1479 | 190864 |
|  | Aurubis AG | 9174 | 800968 |
|  | Bechtle AG | 12277 | 523769 |
|  | Bijou Brigitte AG | 952 | 45770 |
|  | Bilfinger SE | 9612 | 817500 |
|  | Borussia Dortmund GmbH & Co. KGaA  | 16120 | 59880 |
|  | Brenntag SE | 14213 | 949199 |
|  | CANCOM SE (COK GR) | 4175 | 128191 |
|  | Carl Zeiss Meditec AG | 2172 | 149276 |
|  \* | Ceconomy AG | 19048 | 67694 |
|  | Cewe Stiftung & Co. KGaA | 895 | 103501 |
|  | Commerzbank AG | 40659 | 1076144 |
|  | Continental AG | 21040 | 1644795 |
|  \* | Covestro AG | 52883 | 3559482 |
|  | Deutz AG | 35828 | 278184 |
|  | Draegerwerk AG & Co. KGaA | 638 | 35953 |
|  | Duerr AG | 4267 | 101016 |
|  W | DWS Group GmbH & Co. KGaA | 10302 | 542332 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) |  |  |
|  | Elmos Semiconductor SE | 1514 | $103140 |
|  | ElringKlinger AG | 5891 | 32886 |
|  | Evonik Industries AG | 63480 | 1426576 |
|  | flatexDEGIRO AG | 19433 | 511415 |
|  | FORTEC Elektronik AG | 585 | 10134 |
|  \* | Fraport AG Frankfurt Airport Services Worldwide | 9405 | 623284 |
|  | Freenet AG | 36293 | 1509176 |
|  | Fresenius Medical Care AG (FME GR)  | 47923 | 2438110 |
|  | Friedrich Vorwerk Group SE | 2534 | 173025 |
|  | FUCHS SE | 1670 | 64200 |
|  | Gerresheimer AG | 8611 | 584236 |
|  | Gesco SE | 2252 | 41145 |
|  | GFT Technologies SE | 2002 | 56543 |
|  | H&R GmbH & Co. KGaA | 4152 | 19176 |
|  \* | Heidelberger Druckmaschinen AG | 23114 | 31818 |
|  \* | HelloFresh SE | 22167 | 230821 |
|  | Hornbach Holding AG & Co. KGaA | 2266 | 255122 |
|  | HUGO BOSS AG | 6904 | 287961 |
|  | Indus Holding AG | 2509 | 70682 |
|  W | Instone Real Estate Group SE | 17183 | 158939 |
|  | Jenoptik AG | 4861 | 97049 |
|  W | JOST Werke SE | 2494 | 140352 |
|  | K&S AG | 37031 | 645890 |
|  | KION Group AG | 16902 | 719281 |
|  | Kloeckner & Co. SE | 7966 | 64119 |
|  \* | Koenig & Bauer AG | 2637 | 48795 |
|  | Krones AG | 3273 | 478408 |
|  | KSB SE & Co. KGaA | 62 | 59496 |
|  | KWS Saat SE & Co. KGaA | 2837 | 179010 |
|  | Lanxess AG | 19546 | 586849 |
|  \* | LPKF Laser & Electronics SE | 3178 | 29580 |
|  \* | Mediclin AG | 5270 | 17468 |
|  \* | Medios AG | 3854 | 51181 |
|  | MLP SE | 21361 | 193682 |
|  | Mutares SE & Co. KGaA | 2865 | 104754 |
|  | Norma Group SE | 770 | 9677 |
|  | Pfeiffer Vacuum Technology AG | 218 | 38407 |
|  | ProCredit Holding AG | 2170 | 24937 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) |  |  |
|  | ProSiebenSat.1 Media SE | 25777 | $179890 |
|  | Puma SE (PUM GR) | 19512 | 503816 |
|  #\* | PVA TePla AG | 2714 | 50457 |
|  \* | q.beyond AG | 32252 | 29296 |
|  | SAF-Holland SE | 5757 | 104456 |
|  | Salzgitter AG | 617 | 15248 |
|  | Schaeffler AG | 27583 | 119035 |
|  \* | SGL Carbon SE | 2900 | 11600 |
|  #\* | Siemens Energy AG | 11933 | 921033 |
|  | Sixt SE | 1931 | 183586 |
|  | Suedzucker AG | 15827 | 213094 |
|  \* | Surteco Group SE | 1940 | 35287 |
|  | SUSS MicroTec SE | 1410 | 54294 |
|  | Takkt AG | 4870 | 42065 |
|  | Technotrans SE | 1385 | 28287 |
|  | thyssenkrupp AG | 83319 | 955524 |
|  \* | TUI AG | 48641 | 374268 |
|  | United Internet AG | 13184 | 298971 |
|  | Vossloh AG | 2379 | 187951 |
|  | Wacker Chemie AG | 2783 | 210383 |
|  | Wacker Neuson SE | 10588 | 284719 |
|  | Wuestenrot & Wuerttembergische AG | 6054 | 97509 |
|  TOTAL GERMANY | TOTAL GERMANY |  | 28326255 |
|  GREECE — (0.1%) | GREECE — (0.1%) |  |  |
|  | Aegean Airlines SA | 775 | 10407 |
|  | Alpha Services & Holdings SA | 31801 | 77538 |
|  | Autohellas Tourist & Trading SA | 819 | 10515 |
|  | Bank of Greece | 3495 | 54348 |
|  | Ellaktor SA | 3816 | 5632 |
|  | ElvalHalcor SA | 7892 | 17704 |
|  | GEK Terna SA | 2732 | 56703 |
|  | Helleniq Energy Holdings SA | 9333 | 80615 |
|  \* | LAMDA Development SA | 8652 | 65102 |
|  | Motor Oil Hellas Corinth Refineries SA | 6837 | 165661 |
|  | Piraeus Financial Holdings SA | 6261 | 35162 |
|  | Sarantis SA | 2655 | 40702 |
|  | Thrace Plastics Holding & Co. | 2463 | 10589 |
|  TOTAL GREECE | TOTAL GREECE |  | 630678 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GREENLAND — (0.0%) | GREENLAND — (0.0%) |  |  |
|  | GronlandsBANKEN AS | 210 | $24431 |
|  HONG KONG — (1.5%) | HONG KONG — (1.5%) |  |  |
|  | ASMPT Ltd. | 10300 | 69293 |
|  | Bank of East Asia Ltd. | 172424 | 237073 |
|  | Beijing Enterprises Holdings Ltd. | 97500 | 395614 |
|  | Beijing Tong Ren Tang Chinese Medicine Co. Ltd. | 10000 | 10855 |
|  | Build King Holdings Ltd. | 120000 | 17443 |
|  | Cathay Pacific Airways Ltd. | 143000 | 164316 |
|  \* | Century City International Holdings Ltd. | 60000 | 356 |
|  | Chervon Holdings Ltd. | 21200 | 35604 |
|  | Cheuk Nang Holdings Ltd. | 37997 | 7133 |
|  | Chevalier International Holdings Ltd. | 20000 | 10112 |
|  \* | China Aerospace International Holdings Ltd. | 540000 | 26793 |
|  \* | China Energy Development Holdings Ltd. | 2198000 | 12198 |
|  †† | China Huiyuan Juice Group Ltd. | 110500 | 4995 |
|  | China Jinmao Holdings Group Ltd. | 1157846 | 171325 |
|  | China Merchants Port Holdings Co. Ltd. | 306664 | 497863 |
|  | China Nonferrous Mining Corp. Ltd. | 164000 | 108545 |
|  | China Overseas Grand Oceans Group Ltd. | 256646 | 56849 |
|  | China Overseas Land & Investment Ltd. | 605000 | 1073360 |
|  W | China Resources Pharmaceutical Group Ltd. | 349000 | 220295 |
|  | China Taiping Insurance Holdings Co. Ltd. | 293000 | 405737 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  #\* | China Traditional Chinese Medicine Holdings Co. Ltd. | 582000 | $151506 |
|  | China Travel International Investment Hong Kong Ltd. | 356000 | 46255 |
|  \*†† | China Zhongwang Holdings Ltd. | 319600 | 0 |
|  | Chow Sang Sang Holdings International Ltd. | 60000 | 58801 |
|  | CITIC Telecom International Holdings Ltd. | 397000 | 120770 |
|  W | Crystal International Group Ltd. | 149500 | 87159 |
|  | CSPC Pharmaceutical Group Ltd. | 1122000 | 883731 |
|  | CTF Services Ltd. | 36000 | 34093 |
|  \*†† | CW Group Holdings Ltd. | 183500 | 0 |
|  | Dah Sing Banking Group Ltd. | 85600 | 92241 |
|  | Dah Sing Financial Holdings Ltd. | 41200 | 150430 |
|  | Dream International Ltd. | 32000 | 24001 |
|  †† | EcoGreen International Group Ltd. | 84000 | 3859 |
|  | Emperor International Holdings Ltd. | 160000 | 4127 |
|  | Emperor Watch & Jewellery Ltd. | 790000 | 22048 |
|  W | ESR Group Ltd. | 168400 | 268167 |
|  | First Pacific Co. Ltd. | 560000 | 376806 |
|  #\*W | FIT Hon Teng Ltd. | 386000 | 96905 |
|  \*W | Frontage Holdings Corp. | 64000 | 9569 |
|  | Guotai Junan International Holdings Ltd. | 796000 | 102512 |
|  | Hang Lung Group Ltd. | 131000 | 188047 |
|  | Hang Lung Properties Ltd. | 196246 | 160949 |
|  \* | Hanison Construction Holdings Ltd. | 105877 | 3447 |
|  | Harbour Centre Development Ltd. | 17000 | 8439 |
|  \* | HKR International Ltd. | 251040 | 27989 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  | Hon Kwok Land Investment Co. Ltd. | 54000 | $7643 |
|  \* | Hong Kong Technology Venture Co. Ltd. | 33774 | 9035 |
|  | Hongkong & Shanghai Hotels Ltd. | 121716 | 84722 |
|  | Hutchison Telecommunications Hong Kong Holdings Ltd. | 244000 | 31798 |
|  W | Impro Precision Industries Ltd. | 75000 | 22230 |
|  | Jacobson Pharma Corp. Ltd. | 24000 | 3771 |
|  | Jinmao Property Services Co. Ltd. | 15891 | 5932 |
|  | Johnson Electric Holdings Ltd. | 77555 | 141290 |
|  \* | Kader Holdings Co. Ltd. | 98000 | 3253 |
|  | Kerry Properties Ltd. | 77000 | 180829 |
|  | KLN Logistics Group Ltd. | 8500 | 6856 |
|  | Kowloon Development Co. Ltd. | 116562 | 45159 |
|  \* | Lai Sun Development Co. Ltd. | 88200 | 6353 |
|  \* | Lai Sun Garment International Ltd. | 136459 | 10114 |
|  | Liu Chong Hing Investment Ltd. | 40000 | 20776 |
|  \* | Midland Holdings Ltd. | 93517 | 11918 |
|  \* | MMG Ltd. | 487199 | 147469 |
|  \* | Mongolian Mining Corp | 162000 | 133838 |
|  # | Morimatsu International Holdings Co. Ltd. | 56000 | 39766 |
|  \* | NagaCorp Ltd. | 284000 | 120632 |
|  | Oriental Watch Holdings | 26000 | 11746 |
|  | Pacific Basin Shipping Ltd. | 653000 | 146417 |
|  | Pacific Textiles Holdings Ltd. | 97000 | 15396 |
|  \* | Paliburg Holdings Ltd. | 86000 | 4495 |
|  | PAX Global Technology Ltd. | 92000 | 55402 |
|  | Pico Far East Holdings Ltd. | 278000 | 68482 |
|  | Poly Property Group Co. Ltd. | 201637 | 38103 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  \* | Public Financial Holdings Ltd. | 116000 | $19452 |
|  \* | Regal Hotels International Holdings Ltd. | 68000 | 5575 |
|  W | Regina Miracle International Holdings Ltd. | 29000 | 6367 |
|  | SAS Dragon Holdings Ltd. | 64000 | 33433 |
|  | Shanghai Industrial Holdings Ltd. | 81000 | 123610 |
|  | Shangri-La Asia Ltd. | 194000 | 108668 |
|  | Shenzhen Investment Ltd. | 100000 | 10044 |
|  | Shougang Fushan Resources Group Ltd. | 499852 | 158402 |
|  W | Simcere Pharmaceutical Group Ltd. | 55000 | 62181 |
|  | SmarTone Telecommunications Holdings Ltd. | 97500 | 53396 |
|  | Soundwill Holdings Ltd. | 23500 | 24709 |
|  | Stella International Holdings Ltd. | 74000 | 132480 |
|  | Sun Art Retail Group Ltd. | 397500 | 94866 |
|  | Swire Pacific Ltd. (19 HK), Class A | 42000 | 363202 |
|  | Swire Pacific Ltd. (87 HK), Class B | 85000 | 116991 |
|  | Tao Heung Holdings Ltd. | 133000 | 5431 |
|  \* | Television Broadcasts Ltd. | 78600 | 31331 |
|  | Texhong International Group Ltd. | 20500 | 8926 |
|  # | Theme International Holdings Ltd. | 660000 | 33178 |
|  | Tian An China Investment Co. Ltd. | 115000 | 63322 |
|  \*†† | Tian Shan Development Holding Ltd. | 62000 | 0 |
|  | Town Health International Medical Group Ltd. | 650000 | 20831 |
|  | Transport International Holdings Ltd. | 21171 | 24591 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  | United Laboratories International Holdings Ltd. | 98000 | $175622 |
|  #†† | Untrade.China Dili | 516800 | 8250 |
|  \*†† | Untrade.Genting | 331000 | 0 |
|  #\* | Value Partners Group Ltd. | 206000 | 36076 |
|  | Vedan International Holdings Ltd. | 80000 | 6506 |
|  | VSTECS Holdings Ltd. | 192000 | 147830 |
|  \* | Wang On Group Ltd. | 1400000 | 3966 |
|  W | WH Group Ltd. | 682160 | 609992 |
|  | Wing Tai Properties Ltd. | 72000 | 13504 |
|  \* | Xingye Alloy Materials Group Ltd. | 84000 | 10710 |
|  # | Xinyi Glass Holdings Ltd. | 258381 | 241918 |
|  | Yue Yuen Industrial Holdings Ltd. | 141000 | 202433 |
|  # | Yuexiu Property Co. Ltd. | 298000 | 179853 |
|  \* | Yunfeng Financial Group Ltd. | 50000 | 8701 |
|  TOTAL HONG KONG | TOTAL HONG KONG |  | 10967382 |
|  HUNGARY — (0.0%) | HUNGARY — (0.0%) |  |  |
|  | Opus Global Nyrt | 19066 | 29429 |
|  | Richter Gedeon Nyrt | 10907 | 330794 |
|  TOTAL HUNGARY | TOTAL HUNGARY |  | 360223 |
|  INDIA — (5.7%) | INDIA — (5.7%) |  |  |
|  | 360 ONE WAM Ltd. | 3793 | 43912 |
|  | Aarti Drugs Ltd. | 8586 | 35537 |
|  | Aarti Industries Ltd. | 3469 | 17235 |
|  | Aarti Pharmalabs Ltd. | 6106 | 51715 |
|  | ACC Ltd. | 5901 | 130924 |
|  | ADF Foods Ltd. | 15440 | 40426 |
|  \* | Aditya Birla Fashion & Retail Ltd. | 2501 | 7743 |
|  | Aditya Birla Real Estate Ltd. | 5200 | 118255 |
|  | Advanced Enzyme Technologies Ltd. | 6791 | 22968 |
|  | Aegis Logistics Ltd. | 24003 | 220466 |
|  \* | Aether Industries Ltd. | 2879 | 27552 |
|  | AGI Greenpac Ltd. | 5757 | 55475 |
|  | Ahluwalia Contracts India Ltd. | 6104 | 61401 |
|  | AIA Engineering Ltd. | 2956 | 110479 |
|  | Ajmera Realty & Infra India Ltd. | 1289 | 12493 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Alembic Ltd. | 15848 | $18745 |
|  | Alembic Pharmaceuticals Ltd. | 10543 | 108556 |
|  | Allcargo Logistics Ltd. | 56988 | 19927 |
|  | Amara Raja Energy & Mobility Ltd. | 10984 | 126327 |
|  \* | Amber Enterprises India Ltd. | 896 | 64491 |
|  | Anant Raj Ltd. | 21895 | 116592 |
|  | Angel One Ltd. | 5603 | 153565 |
|  \*W | Antony Waste Handling Cell Ltd. | 1399 | 8061 |
|  | Apar Industries Ltd. | 1306 | 86531 |
|  | Apollo Micro Systems Ltd. | 14253 | 19417 |
|  | Apollo Pipes Ltd. | 1403 | 6456 |
|  | Apollo Tyres Ltd. | 82490 | 459107 |
|  | Arvind Fashions Ltd. | 10674 | 50152 |
|  | Arvind Ltd. | 42016 | 179130 |
|  | Asahi India Glass Ltd. | 4079 | 35592 |
|  | Ashiana Housing Ltd. | 6346 | 20244 |
|  | Ashok Leyland Ltd. | 179063 | 479507 |
|  \* | Ashoka Buildcon Ltd. | 23322 | 50953 |
|  W | Aster DM Healthcare Ltd. | 27926 | 167503 |
|  | Astra Microwave Products Ltd. | 5846 | 56875 |
|  \* | Atul Auto Ltd. | 1311 | 7131 |
|  | Atul Ltd. | 1576 | 125259 |
|  W | AU Small Finance Bank Ltd. | 43937 | 351403 |
|  | AurionPro Solutions Ltd. | 2844 | 47798 |
|  \* | Aurobindo Pharma Ltd. | 63458 | 919707 |
|  | Automotive Axles Ltd. | 1036 | 20299 |
|  | Avanti Feeds Ltd. | 5833 | 60043 |
|  \* | Bajaj Consumer Care Ltd. | 15791 | 30975 |
|  | Bajaj Electricals Ltd. | 1194 | 7640 |
|  \* | Bajaj Hindusthan Sugar Ltd. | 245227 | 56223 |
|  | Balkrishna Industries Ltd. | 1491 | 47108 |
|  | Balmer Lawrie & Co. Ltd. | 19246 | 45118 |
|  | Balrampur Chini Mills Ltd. | 29626 | 192200 |
|  | Banco Products India Ltd. | 15542 | 67334 |
|  W | Bandhan Bank Ltd. | 76620 | 149558 |
|  | Bank of India | 114507 | 155966 |
|  | Bank of Maharashtra | 144375 | 86185 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Bannari Amman |  |  |
|  | Sugars Ltd. | 902 | $44130 |
|  | BASF India Ltd. | 743 | 38316 |
|  | BEML Ltd. | 3201 | 120483 |
|  | Bhansali Engineering Polymers Ltd. | 18456 | 23770 |
|  | Bharat Bijlee Ltd. | 954 | 32743 |
|  | Bharat Heavy Electricals Ltd. | 11788 | 31454 |
|  | Bharat Rasayan Ltd. | 78 | 8768 |
|  | Birla Corp. Ltd. | 5252 | 66101 |
|  | BirlaNu Ltd. | 1013 | 22632 |
|  | Birlasoft Ltd. | 29082 | 134116 |
|  | Bluspring Enterprises Ltd. | 5911 | 13467 |
|  | Bombay Burmah Trading Co | 4849 | 106648 |
|  | Bombay Dyeing & Manufacturing Co. Ltd. | 8453 | 12946 |
|  \* | Borosil Ltd. | 2401 | 8989 |
|  \* | Borosil Scientific Ltd. | 1800 | 2791 |
|  | Brigade Enterprises Ltd. | 16304 | 197079 |
|  \* | Brightcom Group Ltd. | 163944 | 19891 |
|  | BSE Ltd. | 854 | 64389 |
|  | Canara Bank | 473855 | 544843 |
|  \* | Capacit'e Infraprojects Ltd. | 6332 | 26534 |
|  | Caplin Point Laboratories Ltd. | 2431 | 53560 |
|  | Carborundum Universal Ltd. | 11144 | 134346 |
|  | Care Ratings Ltd. | 4579 | 65886 |
|  \* | Cartrade Tech Ltd. | 3719 | 75286 |
|  | Carysil Ltd. | 2666 | 19204 |
|  | CCL Products India Ltd. | 15057 | 104253 |
|  | Ceat Ltd. | 6015 | 233916 |
|  | Century Enka Ltd. | 3444 | 20911 |
|  | Cera Sanitaryware Ltd. | 639 | 40350 |
|  | Chambal Fertilisers & Chemicals Ltd. | 35567 | 290433 |
|  | CIE Automotive India Ltd. | 29639 | 140948 |
|  \* | Cigniti Technologies Ltd. | 987 | 15682 |
|  | City Union Bank Ltd. | 65981 | 137321 |
|  | CMS Info Systems Ltd. | 16925 | 87509 |
|  W | Cochin Shipyard Ltd. | 5004 | 94024 |
|  | Confidence Petroleum India Ltd. | 10109 | 6167 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Container Corp. of India Ltd. | 22302 | $177309 |
|  | Coromandel International Ltd. | 10751 | 281686 |
|  | Cosmo First Ltd. | 4186 | 29113 |
|  | Craftsman Automation Ltd. | 485 | 26477 |
|  \* | CSB Bank Ltd. | 17397 | 72907 |
|  | Cyient Ltd. | 10755 | 150547 |
|  | Dalmia Bharat Ltd. | 18022 | 412643 |
|  | Datamatics Global Services Ltd. | 1756 | 12263 |
|  | DB Corp. Ltd. | 16814 | 48440 |
|  | DCB Bank Ltd. | 58753 | 93323 |
|  | DCM Shriram Ltd. | 7541 | 88951 |
|  \* | DCW Ltd. | 37568 | 35079 |
|  | Deep Industries Ltd. | 3225 | 16823 |
|  | Deepak Fertilisers & Petrochemicals Corp. Ltd. | 14127 | 213475 |
|  | Deepak Nitrite Ltd. | 5645 | 129157 |
|  \* | Delhivery Ltd. | 63856 | 230661 |
|  | Dhanuka Agritech Ltd. | 3371 | 51846 |
|  | Digitide Solutions Ltd. | 5911 | 11203 |
|  W | Dilip Buildcon Ltd. | 7058 | 35335 |
|  \* | Dishman Carbogen Amcis Ltd. | 7907 | 17990 |
|  | Dodla Dairy Ltd. | 1918 | 23693 |
|  | Dollar Industries Ltd. | 4294 | 19432 |
|  | Dr. Reddy's Laboratories Ltd. (DRRD IN) | 3991 | 55814 |
|  | Dynamatic Technologies Ltd. | 486 | 36108 |
|  | eClerx Services Ltd. | 4806 | 141737 |
|  \* | EID Parry India Ltd. | 19753 | 190642 |
|  | EIH Associated Hotels | 3616 | 15022 |
|  | EIH Ltd. | 35168 | 153983 |
|  | Electrosteel Castings Ltd. | 104310 | 119639 |
|  \* | Embassy Developments Ltd. | 49909 | 57691 |
|  W | Endurance Technologies Ltd. | 4145 | 91996 |
|  | Engineers India Ltd. | 58317 | 122628 |
|  | Epigral Ltd. | 1774 | 36399 |
|  | EPL Ltd. | 15818 | 35456 |
|  W | Equitas Small Finance Bank Ltd. | 83230 | 65652 |
|  W | Eris Lifesciences Ltd. | 7443 | 126945 |
|  | Escorts Kubota Ltd. | 8711 | 334067 |
|  \* | Eureka Forbes Ltd. | 5101 | 29698 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Everest Industries Ltd. | 1612 | $9458 |
|  | Everest Kanto Cylinder Ltd. | 6320 | 8937 |
|  | Exide Industries Ltd. | 88153 | 362652 |
|  | Expleo Solutions Ltd. | 381 | 3835 |
|  | Fairchem Organics Ltd. | 633 | 6232 |
|  | FDC Ltd. | 11996 | 59761 |
|  | Federal Bank Ltd. | 390779 | 907290 |
|  \* | Federal-Mogul Goetze India Ltd. | 4153 | 16231 |
|  | FIEM Industries Ltd. | 1386 | 23496 |
|  \* | Fino Payments Bank Ltd. | 1795 | 5201 |
|  | Finolex Cables Ltd. | 15463 | 158336 |
|  | Finolex Industries Ltd. | 48381 | 99538 |
|  | Firstsource Solutions Ltd. | 58361 | 232508 |
|  | Force Motors Ltd. | 1050 | 110787 |
|  | Fortis Healthcare Ltd. | 9023 | 72593 |
|  | G R Infraprojects Ltd. | 2106 | 25808 |
|  | Gabriel India Ltd. | 15521 | 99006 |
|  | GAIL India Ltd. (GAIL IN) | 14438 | 32096 |
|  | Galaxy Surfactants Ltd. | 1586 | 39041 |
|  | Ganesh Housing Corp. Ltd. | 2638 | 33902 |
|  | Ganesha Ecosphere Ltd. | 2120 | 36311 |
|  | Garware Hi-Tech Films Ltd. | 970 | 36406 |
|  | Garware Technical Fibres Ltd. | 2745 | 27811 |
|  | Gateway Distriparks Ltd. | 56436 | 39852 |
|  | GE Vernova T&D India Ltd. | 1853 | 33950 |
|  | Geojit Financial Services Ltd. | 15370 | 13532 |
|  | GHCL Ltd. | 16967 | 116288 |
|  W | Gland Pharma Ltd. | 5676 | 94038 |
|  | Glenmark Pharmaceuticals Ltd. | 33446 | 544812 |
|  | Globus Spirits Ltd. | 1633 | 19835 |
|  | GMM Pfaudler Ltd. | 3384 | 41004 |
|  | Godawari Power & Ispat Ltd. | 61950 | 131881 |
|  | Godfrey Phillips India Ltd. | 658 | 63344 |
|  W | Godrej Agrovet Ltd. | 7864 | 70901 |
|  \* | Godrej Industries Ltd. | 3413 | 43694 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Goldiam International Ltd. | 4691 | $20126 |
|  | Goodyear India Ltd. | 1451 | 15448 |
|  | Granules India Ltd. | 32878 | 176081 |
|  | Graphite India Ltd. | 11951 | 64367 |
|  | Grauer & Weil India Ltd. | 20434 | 20390 |
|  | Great Eastern Shipping Co. Ltd. | 27406 | 282329 |
|  | Greaves Cotton Ltd. | 24203 | 56174 |
|  | Greenpanel Industries Ltd. | 9316 | 25966 |
|  | Greenply Industries Ltd. | 10082 | 34565 |
|  | Gujarat Alkalies & Chemicals Ltd. | 7842 | 56245 |
|  | Gujarat Ambuja Exports Ltd. | 24560 | 34214 |
|  | Gujarat Fluorochemicals Ltd. | 598 | 27154 |
|  | Gujarat Narmada Valley Fertilizers & Chemicals Ltd. | 17891 | 102991 |
|  | Gujarat Pipavav Port Ltd. | 32651 | 51691 |
|  | Gujarat State Petronet Ltd. | 61353 | 231984 |
|  | Gulf Oil Lubricants India Ltd. | 1725 | 24272 |
|  W | Harsha Engineers Ltd. | 1758 | 7877 |
|  | HBL Engineering Ltd. | 5859 | 33321 |
|  \* | HealthCare Global Enterprises Ltd. | 10118 | 67979 |
|  | HEG Ltd. | 11285 | 61997 |
|  | HeidelbergCement India Ltd. | 10024 | 22628 |
|  | Heritage Foods Ltd. | 8870 | 41078 |
|  | Hero MotoCorp Ltd. (HMCL IN) | 14012 | 636279 |
|  | HFCL Ltd. | 147411 | 137643 |
|  | HG Infra Engineering Ltd. | 2873 | 36538 |
|  | Hikal Ltd. | 9005 | 41257 |
|  | Himadri Speciality Chemical Ltd. | 6884 | 35489 |
|  | Himatsingka Seide Ltd. | 11567 | 19149 |
|  | Hindustan Copper Ltd. | 9107 | 22913 |
|  | Hindware Home Innovation Ltd. | 4100 | 9570 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Honda India Power Products Ltd. | 598 | $14456 |
|  | HPL Electric & Power Ltd. | 1673 | 7994 |
|  | Huhtamaki India Ltd. | 2798 | 6326 |
|  | ICRA Ltd. | 909 | 59799 |
|  \* | IDFC First Bank Ltd. | 1200526 | 924137 |
|  \* | IFB Industries Ltd. | 1844 | 28206 |
|  | Igarashi Motors India Ltd. | 1465 | 7829 |
|  | IIFL Capital Services Ltd. | 26423 | 69010 |
|  \* | India Cements Ltd. | 20705 | 75489 |
|  | India Glycols Ltd. | 3432 | 56392 |
|  | Indian Bank | 62818 | 417622 |
|  | Indian Metals & Ferro Alloys Ltd. | 4203 | 29372 |
|  | Indo Count Industries Ltd. | 12207 | 43544 |
|  \* | Indus Towers Ltd. | 14616 | 70143 |
|  | IndusInd Bank Ltd. | 5803 | 57262 |
|  | Infibeam Avenues Ltd. | 173613 | 35094 |
|  \* | Inox Wind Energy Ltd. | 343 | 39596 |
|  \* | Inox Wind Ltd. | 51032 | 101362 |
|  | Insecticides India Ltd. | 407 | 3317 |
|  | Intellect Design Arena Ltd. | 12705 | 118052 |
|  | IOL Chemicals & Pharmaceuticals Ltd. | 29995 | 22762 |
|  | Ipca Laboratories Ltd. | 18285 | 299696 |
|  W | IRCON International Ltd. | 51030 | 91722 |
|  | ISGEC Heavy Engineering Ltd. | 3339 | 44319 |
|  | ITD Cementation India Ltd. | 8815 | 50454 |
|  | J Kumar Infraprojects Ltd. | 9206 | 71872 |
|  | Jai Corp. Ltd. | 9352 | 9825 |
|  \* | Jain Irrigation Systems Ltd. | 38893 | 24276 |
|  | Jammu & Kashmir Bank Ltd. | 63698 | 71375 |
|  | Jamna Auto Industries Ltd. | 20611 | 19517 |
|  | Jindal Saw Ltd. | 106860 | 313156 |
|  | Jindal Stainless Ltd. | 110462 | 758697 |
|  | Jindal Steel & Power Ltd. | 6259 | 66264 |
|  | JK Cement Ltd. | 4986 | 301175 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | JK Lakshmi Cement Ltd. | 14023 | $127490 |
|  | JK Paper Ltd. | 21843 | 81041 |
|  | JK Tyre & Industries Ltd. | 17886 | 65568 |
|  | JSW Energy Ltd. | 4638 | 26263 |
|  | JTEKT India Ltd. | 11906 | 19995 |
|  | Jubilant Ingrevia Ltd. | 13841 | 106022 |
|  | Jubilant Pharmova Ltd. | 14481 | 151504 |
|  | Jyothy Labs Ltd. | 6514 | 28669 |
|  | Kajaria Ceramics Ltd. | 5650 | 53538 |
|  | Kalpataru Projects International Ltd. | 17626 | 201545 |
|  | Kalyani Steels Ltd. | 7765 | 63885 |
|  | Kansai Nerolac Paints Ltd. | 24754 | 75070 |
|  | Karnataka Bank Ltd. | 70994 | 164719 |
|  | Karur Vysya Bank Ltd. | 100489 | 258988 |
|  | Kaveri Seed Co. Ltd. | 4405 | 74489 |
|  | KCP Ltd. | 19493 | 45851 |
|  | KDDL Ltd. | 906 | 27739 |
|  | KEC International Ltd. | 21838 | 180688 |
|  \* | Kellton Tech Solutions Ltd. | 13493 | 17025 |
|  \* | Kewal Kiran Clothing Ltd. | 1257 | 6639 |
|  \* | Kiri Industries Ltd. | 3036 | 21090 |
|  | Kirloskar Brothers Ltd. | 2320 | 46935 |
|  | Kirloskar Ferrous Industries Ltd. | 9588 | 52166 |
|  | Kirloskar Oil Engines Ltd. | 10569 | 93170 |
|  | Kitex Garments Ltd. | 15081 | 43085 |
|  | KNR Constructions Ltd. | 21233 | 54702 |
|  | Kolte-Patil Developers Ltd. | 5519 | 22045 |
|  | Kovai Medical Center & Hospital Ltd. | 843 | 55643 |
|  | KPR Mill Ltd. | 2215 | 26204 |
|  | KRBL Ltd. | 16393 | 60461 |
|  | Krsnaa Diagnostics Ltd. | 4079 | 35335 |
|  | LA Opala RG Ltd. | 3700 | 9988 |
|  W | Laurus Labs Ltd. | 15766 | 112380 |
|  | Laxmi Organic Industries Ltd. | 5571 | 11477 |
|  | LG Balakrishnan & Bros Ltd. | 7187 | 100816 |
|  | LMW Ltd. | 568 | 108868 |
|  | LT Foods Ltd. | 40174 | 164224 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Lumax Auto Technologies Ltd. | 4253 | $26148 |
|  | Lupin Ltd. | 2218 | 55058 |
|  | LUX Industries Ltd. | 628 | 10180 |
|  | Maharashtra Seamless Ltd. | 14386 | 111161 |
|  | Mahindra Lifespace Developers Ltd. | 15138 | 61347 |
|  W | Mahindra Logistics Ltd. | 2215 | 7942 |
|  \* | Man Industries India Ltd. | 2236 | 7234 |
|  | Man Infraconstruction Ltd. | 15353 | 27729 |
|  | Marksans Pharma Ltd. | 59055 | 152384 |
|  | Mastek Ltd. | 2731 | 67804 |
|  \* | Max Estates Ltd. | 9610 | 46474 |
|  | Mayur Uniquoters Ltd. | 2063 | 11236 |
|  \* | Medplus Health Services Ltd. | 6712 | 62542 |
|  | Minda Corp. Ltd. | 16296 | 93917 |
|  W | Mishra Dhatu Nigam Ltd. | 8726 | 31640 |
|  | MM Forgings Ltd. | 5056 | 20354 |
|  | MOIL Ltd. | 3217 | 12006 |
|  | Monte Carlo Fashions Ltd. | 1211 | 8183 |
|  \* | Morepen Laboratories Ltd. | 60453 | 42876 |
|  | Mphasis Ltd. | 12247 | 355770 |
|  | MRF Ltd. | 454 | 720858 |
|  | Natco Pharma Ltd. | 11527 | 115930 |
|  | National Aluminium Co. Ltd. | 201774 | 372944 |
|  | National Fertilizers Ltd. | 13589 | 13511 |
|  | Nava Ltd. | 27486 | 147976 |
|  | Navneet Education Ltd. | 18140 | 30573 |
|  \* | Nazara Technologies Ltd. | 4311 | 51241 |
|  | NCC Ltd. | 97963 | 244943 |
|  | NCL Industries Ltd. | 5315 | 13217 |
|  | Neogen Chemicals Ltd. | 642 | 11652 |
|  | NESCO Ltd. | 3968 | 44158 |
|  | Neuland Laboratories Ltd. | 281 | 39756 |
|  | Newgen Software Technologies Ltd. | 4609 | 53789 |
|  | NIIT Learning Systems Ltd. | 10780 | 47514 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | NIIT Ltd. | 10780 | $16451 |
|  | Nilkamal Ltd. | 1432 | 27164 |
|  W | Nippon Life India Asset Management Ltd. | 4729 | 35395 |
|  | Nitin Spinners Ltd. | 3133 | 12998 |
|  | NMDC Ltd. | 497718 | 380948 |
|  \* | NMDC Steel Ltd. | 153931 | 64052 |
|  | NOCIL Ltd. | 15905 | 33015 |
|  | Novartis India Ltd. | 1209 | 10974 |
|  | NRB Bearings Ltd. | 7863 | 20201 |
|  | Oberoi Realty Ltd. | 18539 | 359015 |
|  \* | Odigma Consultancy Solutions Ltd. | 1950 | 840 |
|  \* | Onesource Specialty Pharma Ltd. | 5884 | 112562 |
|  | Oracle Financial Services Software Ltd. | 263 | 27080 |
|  \* | Orchid Pharma Ltd. | 2260 | 21490 |
|  | Orient Cement Ltd. | 25897 | 106817 |
|  \* | Orient Green Power Co. Ltd. | 169101 | 24577 |
|  | Orient Paper & Industries Ltd. | 25398 | 7133 |
|  | Panama Petrochem Ltd. | 2894 | 12532 |
|  W | Parag Milk Foods Ltd., Class F | 6480 | 13795 |
|  \* | Paramount Communications Ltd. | 19967 | 11471 |
|  \* | Patel Engineering Ltd. | 80785 | 40909 |
|  \* | PC Jeweller Ltd. | 626910 | 90735 |
|  | PCBL Chemical Ltd. | 36684 | 155244 |
|  | PDS Ltd. | 2497 | 11050 |
|  | Pearl Global Industries Ltd. | 581 | 6633 |
|  \* | Pennar Industries Ltd. | 9782 | 21208 |
|  | Petronet LNG Ltd. | 186651 | 691969 |
|  | PG Electroplast Ltd. | 6370 | 63933 |
|  | Phoenix Mills Ltd. | 13226 | 256845 |
|  | Piramal Pharma Ltd. | 80418 | 200931 |
|  | PNC Infratech Ltd. | 10659 | 33439 |
|  | Pokarna Ltd. | 824 | 8800 |
|  | Polyplex Corp. Ltd. | 3454 | 49836 |
|  | Power Mech Projects Ltd. | 2568 | 80201 |
|  | Prakash Industries Ltd. | 25349 | 51520 |
|  | Prakash Pipes Ltd. | 2981 | 14517 |
|  W | Prataap Snacks Ltd. | 1310 | 18771 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Prestige Estates Projects Ltd. | 6423 | $103828 |
|  \* | Pricol Ltd. | 10026 | 51988 |
|  \* | Prism Johnson Ltd. | 29365 | 42844 |
|  \* | PSP Projects Ltd. | 1511 | 11341 |
|  | Punjab National Bank | 35137 | 41534 |
|  \* | Puravankara Ltd. | 13056 | 35663 |
|  \* | PVR Inox Ltd. | 11581 | 128396 |
|  W | Quess Corp. Ltd. | 5911 | 22972 |
|  | Railtel Corp. of India Ltd. | 13873 | 48701 |
|  | Rain Industries Ltd. | 29680 | 49385 |
|  | Rallis India Ltd. | 11726 | 32863 |
|  | Ramco Cements Ltd. | 16989 | 189382 |
|  \* | Ramco Systems Ltd. | 3976 | 17576 |
|  | Ramkrishna Forgings Ltd. | 7311 | 51425 |
|  | Rane Holdings Ltd. | 375 | 5686 |
|  | Rashtriya Chemicals & Fertilizers Ltd. | 39338 | 63379 |
|  \* | Rategain Travel Technologies Ltd. | 2291 | 11712 |
|  | Ratnamani Metals & Tubes Ltd. | 1519 | 48635 |
|  \* | RattanIndia Power Ltd. | 457211 | 53775 |
|  \* | Raymond Lifestyle Ltd. | 7948 | 90347 |
|  | Raymond Ltd. | 9936 | 178731 |
|  W | RBL Bank Ltd. | 52584 | 123854 |
|  | Redington Ltd. | 131696 | 381628 |
|  | Redtape Ltd. | 18116 | 28248 |
|  | Reliance Industrial Infrastructure Ltd. | 1813 | 18207 |
|  \* | Reliance Power Ltd. | 583182 | 275408 |
|  \* | Religare Enterprises Ltd. | 10268 | 25595 |
|  | Rhi Magnesita India Ltd. | 4370 | 22734 |
|  | Rico Auto Industries Ltd. | 16938 | 12757 |
|  | RITES Ltd. | 22156 | 58999 |
|  | Rossari Biotech Ltd. | 1724 | 13361 |
|  \* | RPSG Ventures Ltd. | 1941 | 18649 |
|  | Rupa & Co. Ltd. | 3253 | 7538 |
|  | Sagar Cements Ltd. | 4091 | 10200 |
|  | Saksoft Ltd. | 4201 | 7605 |
|  | Sandhar Technologies Ltd. | 2664 | 11632 |
|  | Sanghvi Movers Ltd. | 5982 | 18729 |
|  W | Sansera Engineering Ltd. | 5079 | 64591 |
|  \* | Sapphire Foods India Ltd. | 2930 | 10980 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Sarda Energy & Minerals Ltd. | 27610 | $148173 |
|  | Saregama India Ltd. | 8686 | 53737 |
|  | Sasken Technologies Ltd. | 712 | 12789 |
|  | Savita Oil Technologies Ltd. | 5680 | 24906 |
|  \* | SEAMEC Ltd. | 1481 | 17090 |
|  \* | SEPC Ltd. | 84893 | 14108 |
|  \* | Sequent Scientific Ltd. | 8389 | 14240 |
|  | Seshasayee Paper & Boards Ltd. | 7419 | 23735 |
|  W | SH Kelkar & Co. Ltd. | 11863 | 27889 |
|  | Shalby Ltd. | 4342 | 9629 |
|  | Shankara Building Products Ltd. | 2556 | 18307 |
|  | Sharda Cropchem Ltd. | 4998 | 32323 |
|  | Sharda Motor Industries Ltd. | 1833 | 37030 |
|  \* | Sheela Foam Ltd. | 4785 | 36293 |
|  \* | Shilpa Medicare Ltd. | 5720 | 43614 |
|  | Shipping Corp. of India Ltd. | 32265 | 67611 |
|  | Shriram Pistons & Rings Ltd. | 1777 | 37894 |
|  \* | SIS Ltd. | 3152 | 12593 |
|  | Siyaram Silk Mills Ltd. | 2895 | 22636 |
|  | SJS Enterprises Ltd. | 4186 | 46005 |
|  | Skipper Ltd. | 4131 | 22238 |
|  | Sobha Ltd. | 2224 | 34879 |
|  \* | Solara Active Pharma Sciences Ltd. | 2901 | 16960 |
|  | Somany Ceramics Ltd. | 2168 | 10810 |
|  | South Indian Bank Ltd. | 622031 | 189078 |
|  \* | SP Apparels Ltd. | 1244 | 10735 |
|  | SRF Ltd. | 3056 | 108587 |
|  \* | Star Cement Ltd. | 16744 | 43473 |
|  | Steel Authority of India Ltd. | 210166 | 281657 |
|  | Stove Kraft Ltd. | 1082 | 7741 |
|  | Strides Pharma Science Ltd. | 11768 | 89541 |
|  | Styrenix Performance Materials Ltd. | 1107 | 35853 |
|  | Subros Ltd. | 5228 | 37149 |
|  | Sudarshan Chemical Industries Ltd. | 6005 | 72284 |
|  | Sun TV Network Ltd. | 19125 | 140155 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Sundaram-Clayton Ltd. | 839 | $19661 |
|  | Sundram Fasteners Ltd. | 6425 | 69604 |
|  | Sundrop Brands Ltd. | 2464 | 22468 |
|  | Sunteck Realty Ltd. | 12856 | 60991 |
|  | Suprajit Engineering Ltd. | 16483 | 74883 |
|  | Supreme Petrochem Ltd. | 12254 | 94648 |
|  | Supriya Lifescience Ltd. | 2326 | 17779 |
|  | Surya Roshni Ltd. | 19276 | 58379 |
|  \* | Suryoday Small Finance Bank Ltd. | 4794 | 7234 |
|  \* | Syncom Formulations India Ltd. | 104785 | 20240 |
|  W | Syngene International Ltd. | 3964 | 29516 |
|  | Tamilnad Mercantile Bank Ltd. | 4890 | 25359 |
|  | Tata Chemicals Ltd. | 31633 | 312327 |
|  | Tata Consumer Products Ltd. | 5181 | 71137 |
|  | Tata Steel Ltd. | 15585 | 25845 |
|  | TD Power Systems Ltd. | 11582 | 58669 |
|  | Techno Electric & Engineering Co. Ltd. | 12283 | 154125 |
|  \* | Technocraft Industries India Ltd. | 456 | 12758 |
|  | Texmaco Rail & Engineering Ltd. | 63696 | 101677 |
|  | Thirumalai Chemicals Ltd. | 11355 | 33210 |
|  | Thomas Cook India Ltd. | 36783 | 58430 |
|  | Time Technoplast Ltd. | 29889 | 118661 |
|  | Titagarh Rail System Ltd. | 9168 | 80825 |
|  | TransIndia Real Estate Ltd. | 14247 | 5671 |
|  | Transport Corp. of India Ltd. | 6289 | 77275 |
|  | Trident Ltd. | 241317 | 76328 |
|  | Triveni Engineering & Industries Ltd. | 13982 | 67624 |
|  | TTK Prestige Ltd. | 5500 | 39496 |
|  | TVS Holdings Ltd. | 87 | 9359 |
|  | TVS Srichakra Ltd. | 1006 | 33946 |
|  | Uflex Ltd. | 9820 | 64278 |
|  W | Ujjivan Small Finance Bank Ltd. | 173816 | 87394 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  \* | Unichem Laboratories Ltd. | 7286 | $51852 |
|  | Union Bank of India Ltd. | 214347 | 318036 |
|  \* | UPL Ltd. | 105332 | 805925 |
|  | Usha Martin Ltd. | 39122 | 134330 |
|  | UTI Asset Management Co. Ltd. | 7033 | 84376 |
|  \* | VA Tech Wabag Ltd. | 10705 | 163517 |
|  | Vadilal Industries Ltd. | 126 | 9434 |
|  \* | Valor Estate Ltd. | 19709 | 40661 |
|  | Vardhman Textiles Ltd. | 26060 | 139158 |
|  \*W | Varroc Engineering Ltd. | 8500 | 43419 |
|  | Veedol Corporation Ltd. | 438 | 7607 |
|  | Venky's India Ltd. | 591 | 11782 |
|  | Vesuvius India Ltd. | 1183 | 65035 |
|  | Vimta Labs Ltd. | 1870 | 22252 |
|  | Vindhya Telelinks Ltd. | 1643 | 25881 |
|  \* | V-Mart Retail Ltd. | 476 | 18378 |
|  \* | Vodafone Idea Ltd. | 408926 | 34442 |
|  | Voltamp Transformers Ltd. | 739 | 63854 |
|  | Voltas Ltd. | 1720 | 25134 |
|  | VRL Logistics Ltd. | 3113 | 16750 |
|  | VST Industries Ltd. | 10021 | 34373 |
|  | VST Tillers Tractors Ltd. | 936 | 39136 |
|  | Welspun Corp. Ltd. | 33813 | 306047 |
|  | Welspun Enterprises Ltd. | 16081 | 90086 |
|  | Welspun Living Ltd. | 48336 | 72147 |
|  | West Coast Paper Mills Ltd. | 10379 | 54797 |
|  \* | Wockhardt Ltd. | 10071 | 154806 |
|  | Wonderla Holidays Ltd. | 2335 | 18624 |
|  \* | Yes Bank Ltd. | 1685230 | 353514 |
|  | Zee Entertainment Enterprises Ltd. | 38399 | 48054 |
|  \* | Zee Media Corp. Ltd. | 66484 | 11063 |
|  | Zensar Technologies Ltd. | 21007 | 179391 |
|  | Zydus Lifesciences Ltd. | 3477 | 36489 |
|  | Zydus Wellness Ltd. | 2300 | 47893 |
|  TOTAL INDIA | TOTAL INDIA | TOTAL INDIA | 41435244 |
|  INDONESIA — (0.4%) | INDONESIA — (0.4%) |  |  |
|  | ABM Investama Tbk. PT | 132000 | 26416 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  \* | Adaro Minerals Indonesia Tbk. PT | 577100 | $31315 |
|  | Adi Sarana Armada Tbk. PT | 319400 | 13209 |
|  | Aneka Tambang Tbk. PT | 1202000 | 157108 |
|  | Astra Agro Lestari Tbk. PT | 50800 | 18200 |
|  | Astra Otoparts Tbk. PT | 172500 | 22656 |
|  \* | Bank Capital Indonesia Tbk. PT | 991200 | 7825 |
|  \* | Bank China Construction Bank Indonesia Tbk. PT | 2929400 | 12014 |
|  \* | Bank Mayapada International Tbk. PT | 4551286 | 53951 |
|  | Bank Maybank Indonesia Tbk. PT | 2873800 | 35621 |
|  \* | Bank Nationalnobu Tbk. PT | 114513 | 4384 |
|  | Bank OCBC Nisp Tbk. PT | 566200 | 44504 |
|  \* | Bank Pan Indonesia Tbk. PT | 802200 | 77735 |
|  | Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk. PT | 454300 | 23684 |
|  \* | Bank Pembangunan Daerah Jawa Timur Tbk. PT | 853700 | 26734 |
|  | BISI International Tbk. PT | 236900 | 14421 |
|  | Blue Bird Tbk. PT | 151800 | 15841 |
|  \* | Buana Lintas Lautan Tbk. PT | 4051500 | 28559 |
|  | Bukit Asam Tbk. PT | 610900 | 101592 |
|  | Buma Internasional Grup Tbk. PT | 888000 | 21523 |
|  \* | Bumi Resources Minerals Tbk. PT | 2052700 | 47328 |
|  \* | Bumi Resources Tbk. PT | 1597100 | 10282 |
|  \* | Bumi Serpong Damai Tbk. PT | 712300 | 37115 |
|  | Ciputra Development Tbk. PT | 1588386 | 88050 |
|  | Dharma Satya Nusantara Tbk. PT | 494300 | 22789 |
|  | Elang Mahkota Teknologi Tbk. PT | 2485700 | 80295 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  | Elnusa Tbk. PT | 1110000 | $30901 |
|  | Erajaya Swasembada Tbk. PT | 1768000 | 49554 |
|  | ESSA Industries Indonesia Tbk. PT | 990700 | 36109 |
|  | Gajah Tunggal Tbk. PT | 310300 | 20573 |
|  | Indah Kiat Pulp & Paper Tbk. PT | 327400 | 101654 |
|  | Indika Energy Tbk. PT | 467500 | 40725 |
|  | Indo Tambangraya Megah Tbk. PT | 62200 | 82453 |
|  | Indocement Tunggal Prakarsa Tbk. PT | 42300 | 13635 |
|  | Indofood Sukses Makmur Tbk. PT | 628200 | 303026 |
|  | Indomobil Sukses Internasional Tbk. PT | 319500 | 16671 |
|  | Japfa Comfeed Indonesia Tbk. PT | 932700 | 102330 |
|  \* | Kawasan Industri Jababeka Tbk. PT | 2730400 | 28468 |
|  | Medco Energi Internasional Tbk. PT | 1528372 | 96691 |
|  \* | Media Nusantara Citra Tbk. PT | 1090800 | 17242 |
|  \* | Merdeka Battery Materials Tbk. PT | 514500 | 9632 |
|  \* | MNC Land Tbk. PT | 16540500 | 123608 |
|  | Pabrik Kertas Tjiwi Kimia Tbk. PT | 117600 | 36326 |
|  | Pakuwon Jati Tbk. PT | 2836500 | 65199 |
|  \* | Panin Financial Tbk. PT | 1914300 | 44545 |
|  \* | Paninvest Tbk. PT | 264900 | 16942 |
|  \* | Puradelta Lestari Tbk. PT | 1465600 | 15350 |
|  \*†† | Rimo International Lestari Tbk. PT | 4191900 | 0 |
|  | Salim Ivomas Pratama Tbk. PT | 511500 | 12692 |
|  | Sampoerna Agro Tbk. PT | 68700 | 9642 |
|  | Samudera Indonesia Tbk. PT | 1503000 | 23011 |
|  | Sarana Menara Nusantara Tbk. PT | 637400 | 21876 |
|  | Sawit Sumbermas Sarana Tbk. PT | 366600 | 34482 |

---

**446** 

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  | Semen Indonesia Persero Tbk. PT | 236047 | $37205 |
|  \*†† | Sri Rejeki Isman Tbk. PT | 1787400 | 2948 |
|  | Steel Pipe Industry of Indonesia PT | 497300 | 8325 |
|  | Summarecon Agung Tbk. PT | 1756804 | 45663 |
|  | Surya Citra Media Tbk. PT | 4900700 | 60295 |
|  | Surya Semesta Internusa Tbk. PT | 851700 | 43328 |
|  | Tempo Scan Pacific Tbk. PT | 117300 | 18660 |
|  \* | Timah Tbk. PT | 437900 | 31382 |
|  \*†† | Trada Alam Minera Tbk. PT | 3776600 | 0 |
|  \* | Trimegah Sekuritas Indonesia Tbk. PT | 1532700 | 33272 |
|  | Triputra Agro Persada PT | 743600 | 43701 |
|  | Tunas Baru Lampung Tbk. PT | 438185 | 18218 |
|  | United Tractors Tbk. PT | 199400 | 272504 |
|  \*†† | Waskita Karya Persero Tbk. PT | 697000 | 1590 |
|  | XLSMART Telecom Sejahtera Tbk. PT | 671193 | 86897 |
|  TOTAL INDONESIA | TOTAL INDONESIA | TOTAL INDONESIA | 3080476 |
|  IRELAND — (1.4%) | IRELAND — (1.4%) |  |  |
|  | AIB Group PLC | 382537 | 2571054 |
|  | Bank of Ireland Group PLC | 330642 | 3882215 |
|  | C&C Group PLC | 98194 | 180364 |
|  | Cairn Homes PLC | 192687 | 424495 |
|  | Dalata Hotel Group PLC | 75889 | 434953 |
|  | DCC PLC | 14757 | 964486 |
|  | FBD Holdings PLC (FBD ID) | 9012 | 131373 |
|  \*W | Glenveagh Properties PLC | 7270 | 13626 |
|  | Grafton Group PLC, CDI | 68236 | 826001 |
|  | Greencore Group PLC | 148586 | 366399 |
|  \* | Permanent TSB Group Holdings PLC | 12453 | 21800 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  IRELAND — (Continued) | IRELAND — (Continued) |  |  |
|  | Smurfit WestRock PLC | 3193 | $134170 |
|  TOTAL IRELAND | TOTAL IRELAND | TOTAL IRELAND | 9950936 |
|  ISRAEL — (0.8%) | ISRAEL — (0.8%) |  |  |
|  \* | Afcon Holdings Ltd. | 760 | 38697 |
|  | Africa Israel Residences Ltd. | 912 | 60338 |
|  \* | Alrov Properties & Lodgings Ltd. | 1983 | 106079 |
|  | Ashtrom Group Ltd. | 7012 | 110262 |
|  | AudioCodes Ltd. (AUDC US) | 10881 | 102064 |
|  \* | Avgol Industries 1953 Ltd. | 17326 | 7238 |
|  | Ayalon Holdings Ltd. | 568 | 7775 |
|  | Azorim-Investment Development & Construction Co. Ltd. | 33567 | 154670 |
|  | Carasso Motors Ltd. | 6480 | 49906 |
|  \* | Cellcom Israel Ltd. (CEL IT) | 25746 | 163035 |
|  \* | Cellcom Israel Ltd. (CELJF US) | 11396 | 74758 |
|  | Clal Insurance Enterprises Holdings Ltd. | 21193 | 581496 |
|  \* | Delek Automotive Systems Ltd. | 8705 | 62730 |
|  | Delta Galil Ltd. | 2465 | 116233 |
|  \* | Dor Alon Energy in Israel 1988 Ltd. | 1112 | 35997 |
|  \* | Doral Group Renewable Energy Resources Ltd. | 24919 | 82944 |
|  | Duniec Brothers Ltd. | 260 | 15681 |
|  \* | Equital Ltd. | 6649 | 249398 |
|  | Formula Systems 1985 Ltd. (FORTY IT) | 621 | 54829 |
|  | Formula Systems 1985 Ltd. (FORTY US), Sponsored ADR | 229 | 19834 |
|  \* | Gilat Satellite Networks Ltd. | 10051 | 63756 |
|  \* | Hagag Group Real Estate Development | 8333 | 38314 |
|  \* | Hamat Group Ltd. | 5206 | 19136 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) |  |  |
|  | Harel Insurance Investments & Financial Services Ltd. | 42572 | $707630 |
|  | IDI Insurance Co. Ltd. | 642 | 30066 |
|  | Inrom Construction Industries Ltd. | 11808 | 49490 |
|  | Israel Canada TR Ltd. | 27022 | 87956 |
|  | Isras Investment Co. Ltd. | 532 | 114733 |
|  | Issta Ltd. | 2925 | 66991 |
|  \* | Kamada Ltd. (KMDA US) | 7363 | 47639 |
|  | Kardan Real Estate Enterprise & Development Ltd. | 19587 | 28699 |
|  | Kerur Holdings Ltd. | 1355 | 29086 |
|  | Klil Industries Ltd. | 356 | 19825 |
|  | Kvutzat Acro Ltd. | 5300 | 71644 |
|  | Land Development Nimrodi Group Ltd. | 4140 | 32531 |
|  | Lapidoth Capital Ltd. | 3541 | 61044 |
|  | M Yochananof & Sons Ltd. | 51 | 3449 |
|  | Mediterranean Towers Ltd. | 24745 | 74921 |
|  | Menora Mivtachim Holdings Ltd. | 635 | 33634 |
|  \* | Meshek Energy Renewable Energies Ltd. | 71740 | 55695 |
|  | Meshulam Levinstein Contracting & Engineering Ltd. | 258 | 27364 |
|  | Migdal Insurance & Financial Holdings Ltd. | 161691 | 310964 |
|  | Naphtha Israel Petroleum Corp. Ltd. | 1591 | 10279 |
|  | Neto Malinda Trading Ltd. | 3324 | 100545 |
|  | Oil Refineries Ltd. | 383732 | 96345 |
|  \* | OY Nofar Energy Ltd. | 1696 | 39696 |
|  | Palram Industries 1990 Ltd. | 1933 | 41130 |
|  | Partner Communications Co. Ltd. | 38087 | 253039 |
|  | Paz Retail & Energy Ltd. | 2383 | 336469 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) |  |  |
|  | Plasson Industries Ltd. | 1011 | $55476 |
|  | Polyram Plastic Industries Ltd. | 4429 | 12012 |
|  | Prashkovsky Investments & Construction Ltd. | 1648 | 42468 |
|  \* | Priortech Ltd. | 617 | 25066 |
|  | Rapac Communication & Infrastructure Ltd. | 1204 | 13921 |
|  | Sano-Brunos Enterprises Ltd. | 536 | 47441 |
|  \* | Scope Metals Group Ltd. | 2448 | 84612 |
|  \* | Shikun & Binui Ltd. | 54158 | 177419 |
|  | Shufersal Ltd. | 338 | 3165 |
|  | Suny Cellular Communication Ltd. | 38993 | 12572 |
|  W | Tamar Petroleum Ltd. | 16144 | 152543 |
|  \* | Veridis Environment Ltd. | 8348 | 53855 |
|  TOTAL ISRAEL | TOTAL ISRAEL | TOTAL ISRAEL | 5626584 |
|  ITALY — (3.6%) | ITALY — (3.6%) |  |  |
|  | A2A SpA | 460303 | 1170675 |
|  \* | Abitare In SpA | 2221 | 8079 |
|  | ACEA SpA | 11629 | 273196 |
|  | Arnoldo Mondadori Editore SpA | 38743 | 94297 |
|  | Ascopiave SpA | 14577 | 54552 |
|  | Avio SpA | 4608 | 100144 |
|  | Azimut Holding SpA | 23175 | 644013 |
|  | Banca IFIS SpA | 7189 | 180129 |
|  | Banca Mediolanum SpA | 40996 | 612884 |
|  | Banca Monte dei Paschi di Siena SpA | 164780 | 1393508 |
|  | Banca Popolare di Sondrio SpA | 135001 | 1691681 |
|  # | Banca Profilo SpA | 9146 | 1885 |
|  | Banco BPM SpA | 394306 | 4401452 |
|  | Banco di Desio e della Brianza SpA | 12049 | 103376 |
|  # | Biesse SpA | 3229 | 25849 |
|  | BPER Banca SpA | 292670 | 2377090 |
|  | Buzzi SpA | 29557 | 1548860 |
|  # | Cairo Communication SpA | 17210 | 56222 |
|  \* | CIR SpA-Compagnie Industriali | 239509 | 158904 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  ITALY — (Continued) | ITALY — (Continued) |  |  |
|  | Credito Emiliano SpA | 26852 | $369156 |
|  # | Danieli & C Officine Meccaniche SpA (DAN IM) | 3835 | 132080 |
|  | Danieli & C Officine Meccaniche SpA (DANR IM) | 12070 | 326676 |
|  W | Enav SpA | 17759 | 78640 |
|  | ERG SpA | 2772 | 56709 |
|  \* | Esprinet SpA | 7745 | 46253 |
|  # | Ferretti SpA | 19393 | 55530 |
|  | Fila SpA | 7328 | 95471 |
|  \* | Fincantieri SpA | 17542 | 228539 |
|  | FNM SpA | 40686 | 18442 |
|  \* | Garofalo Health Care SpA | 4490 | 27467 |
|  | Gefran SpA | 2084 | 21566 |
|  | GPI SpA | 1862 | 19446 |
|  | Hera SpA | 198526 | 939867 |
|  | IMMSI SpA | 62616 | 35434 |
|  | Indel B SpA | 373 | 8037 |
|  | Interpump Group SpA | 4420 | 151596 |
|  | Italmobiliare SpA | 2574 | 71664 |
|  | Leonardo SpA | 16188 | 841587 |
|  | MARR SpA | 1371 | 15166 |
|  | Mediobanca Banca di Credito Finanziario SpA | 97682 | 1997990 |
|  \* | Newlat Food SpA | 4322 | 84077 |
|  \*W | Nexi SpA | 85784 | 501069 |
|  | Orsero SpA | 2608 | 38762 |
|  W | OVS SpA | 73087 | 263790 |
|  | Piaggio & C SpA | 17349 | 34057 |
|  W | Pirelli & C SpA | 91793 | 567510 |
|  W | Poste Italiane SpA | 28348 | 575385 |
|  | Rizzoli Corriere Della Sera Mediagroup SpA | 42643 | 47477 |
|  | Sabaf SpA | 2439 | 41417 |
|  #\* | Safilo Group SpA | 23535 | 19244 |
|  \* | Saipem SpA | 120412 | 278148 |
|  | Snam SpA | 133096 | 763902 |
|  | Sogefi SpA | 9662 | 22724 |
|  #\* | Telecom Italia SpA (TIT IM) | 1475350 | 584289 |
|  \* | Telecom Italia SpA (TITR IM) | 1059301 | 471144 |
|  | Unipol Assicurazioni SpA | 85516 | 1533876 |
|  | Webuild SpA | 53359 | 193590 |
|  TOTAL ITALY | TOTAL ITALY | TOTAL ITALY | 26454573 |
|  JAPAN — (16.2%) | JAPAN — (16.2%) |  |  |
|  | 77 Bank Ltd. | 15900 | 498319 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | A&D HOLON Holdings Co. Ltd. | 1100 | $13767 |
|  | Achilles Corp. | 4600 | 43395 |
|  # | AD Works Group Co. Ltd. | 20400 | 37751 |
|  | ADEKA Corp. | 23900 | 430843 |
|  | AFC-HD AMS Life Science Co. Ltd. | 1800 | 10753 |
|  # | Ahresty Corp. | 9900 | 45387 |
|  | Aichi Financial Group, Inc. | 1390 | 26633 |
|  | Aichi Steel Corp. | 5000 | 294703 |
|  | Aichi Tokei Denki Co. Ltd. | 2700 | 37169 |
|  | Aida Engineering Ltd. | 14000 | 86878 |
|  | Ain Holdings, Inc. | 5800 | 223557 |
|  | Air Water, Inc. | 54200 | 739093 |
|  | Airport Facilities Co. Ltd. | 9300 | 43501 |
|  | Aisan Industry Co. Ltd. | 13200 | 178400 |
|  | Akita Bank Ltd. | 4800 | 82165 |
|  | Alconix Corp. | 9400 | 101522 |
|  | Alfresa Holdings Corp. | 46400 | 700461 |
|  # | Alleanza Holdings Co. Ltd. | 3200 | 23252 |
|  | Alpen Co. Ltd. | 5100 | 84994 |
|  | Alps Alpine Co. Ltd. | 62681 | 636729 |
|  | Amada Co. Ltd. | 12008 | 120236 |
|  | Anabuki Kosan, Inc. | 1200 | 18480 |
|  | Anest Iwata Corp. | 9900 | 77377 |
|  | Anritsu Corp. | 17900 | 178936 |
|  | AOKI Holdings, Inc. | 9900 | 88215 |
|  | Aoyama Trading Co. Ltd. | 15700 | 225456 |
|  | Arakawa Chemical Industries Ltd. | 3100 | 23051 |
|  | Arata Corp. | 9400 | 209467 |
|  | ARCLANDS Corp. | 8600 | 104543 |
|  | Arcs Co. Ltd. | 12500 | 251484 |
|  | Artience Co. Ltd. | 10700 | 220813 |
|  | Asahi Co. Ltd. | 3000 | 29030 |
|  | Asahi Yukizai Corp. | 3600 | 94358 |
|  | Ashimori Industry Co. Ltd. | 800 | 15048 |
|  | Asia Pile Holdings Corp. | 10700 | 67502 |
|  | ASKA Pharmaceutical Holdings Co. Ltd. | 2600 | 42410 |
|  # | Astena Holdings Co. Ltd. | 8100 | 27420 |
|  | Autobacs Seven Co. Ltd. | 8500 | 88209 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Awa Bank Ltd. | 15200 | $292229 |
|  | Axell Corp. | 2400 | 17692 |
|  | Axyz Co. Ltd. | 800 | 16577 |
|  | Bando Chemical Industries Ltd. | 10800 | 112888 |
|  | Bank of Iwate Ltd. | 3800 | 77634 |
|  | Bank of Nagoya Ltd. | 3600 | 189541 |
|  | Bank of Saga Ltd. | 3301 | 50478 |
|  | Bank of the Ryukyus Ltd. | 15700 | 119161 |
|  | Belluna Co. Ltd. | 12600 | 86359 |
|  | Bourbon Corp. | 3000 | 56259 |
|  | Br Holdings Corp. | 4400 | 10367 |
|  | Brother Industries Ltd. | 4500 | 79081 |
|  | Buffalo, Inc. | 2000 | 28945 |
|  | Bunka Shutter Co. Ltd. | 17100 | 244808 |
|  | Canon Electronics, Inc. | 6900 | 112452 |
|  | Carlit Co. Ltd. | 5500 | 41307 |
|  | Carta Holdings, Inc. | 500 | 5335 |
|  | Cawachi Ltd. | 4800 | 94017 |
|  | Central Glass Co. Ltd. | 8700 | 182022 |
|  | Central Security Patrols Co. Ltd. | 2300 | 43411 |
|  | Chiba Kogyo Bank Ltd. | 23200 | 201587 |
|  | Chino Corp. | 2600 | 34930 |
|  | Chori Co. Ltd. | 4500 | 114155 |
|  | Chubu Shiryo Co. Ltd. | 7421 | 74291 |
|  | Chuetsu Pulp & Paper Co. Ltd. | 3600 | 38319 |
|  | Chugin Financial Group, Inc. | 44800 | 503288 |
|  | Chuo Gyorui Co. Ltd. | 500 | 11697 |
|  | Citizen Watch Co. Ltd. | 73800 | 426899 |
|  | CKD Corp. | 7400 | 107864 |
|  | CK-San-Etsu Co. Ltd. | 1300 | 33614 |
|  # | CMK Corp. | 13300 | 36797 |
|  | Coca-Cola Bottlers Japan Holdings, Inc. | 37849 | 711062 |
|  | Cosel Co. Ltd. | 2500 | 18837 |
|  | Cosmo Energy Holdings Co. Ltd. | 21700 | 890612 |
|  | Cosmos Initia Co. Ltd. | 2400 | 20520 |
|  | CTI Engineering Co. Ltd. | 6600 | 110115 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Dai Nippon Toryo Co. Ltd. | 5100 | $45359 |
|  | Daicel Corp. | 66700 | 567761 |
|  | Dai-Dan Co. Ltd. | 4100 | 119180 |
|  | Daido Metal Co. Ltd. | 8900 | 30871 |
|  | Daido Steel Co. Ltd. | 40000 | 301397 |
|  # | Daihatsu Diesel Manufacturing Co. Ltd. | 7400 | 93374 |
|  | Daihen Corp. | 800 | 35300 |
|  # | Daiho Corp. | 17000 | 95358 |
|  | Daiichi Jitsugyo Co. Ltd. | 7800 | 124824 |
|  | Daiichi Kigenso Kagaku-Kogyo Co. Ltd. | 1400 | 6582 |
|  | Daiki Aluminium Industry Co. Ltd. | 7600 | 49903 |
|  | Daikyonishikawa Corp. | 13400 | 53477 |
|  | Dainichiseika Color & Chemicals Manufacturing Co. Ltd. | 4700 | 99568 |
|  | Daio Paper Corp. | 17100 | 109098 |
|  | Daishi Hokuetsu Financial Group, Inc. | 15700 | 343736 |
|  | Daishinku Corp. | 3100 | 11323 |
|  | Daisue Construction Co. Ltd. | 3500 | 50211 |
|  | Daito Pharmaceutical Co. Ltd. | 5100 | 74344 |
|  | Daitron Co. Ltd. | 3400 | 76067 |
|  | DCM Holdings Co. Ltd. | 36100 | 343260 |
|  | Denka Co. Ltd. | 18000 | 245645 |
|  | DIC Corp. | 19700 | 384443 |
|  | DKK-Toa Corp. | 3400 | 18770 |
|  # | DKS Co. Ltd. | 2400 | 44255 |
|  | Doutor Nichires Holdings Co. Ltd. | 8800 | 164829 |
|  | Dowa Holdings Co. Ltd. | 9700 | 311220 |
|  | DyDo Group Holdings, Inc. | 5400 | 110348 |
|  | Eagle Industry Co. Ltd. | 9400 | 121133 |
|  | Ebara Foods Industry, Inc. | 1400 | 26139 |
|  | Eco's Co. Ltd. | 3000 | 51323 |
|  | EDION Corp. | 28600 | 381665 |
|  | Ehime Bank Ltd. | 14701 | 107269 |
|  | Endo Lighting Corp. | 4100 | 44665 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Enomoto Co. Ltd. | 2300 | $20994 |
|  # | Envipro Holdings, Inc. | 3600 | 12139 |
|  | ES-Con Japan Ltd. | 11300 | 84133 |
|  | Eslead Corp. | 2900 | 86329 |
|  | ESPEC Corp. | 4800 | 76642 |
|  | Exedy Corp. | 9200 | 276266 |
|  | EXEO Group, Inc. | 19600 | 228872 |
|  | Ezaki Glico Co. Ltd. | 13700 | 451995 |
|  | FALCO HOLDINGS Co. Ltd. | 2300 | 37311 |
|  | Feed One Co. Ltd. | 4700 | 29844 |
|  | Ferrotec Holdings Corp. | 10900 | 188182 |
|  | FIDEA Holdings Co. Ltd. | 3610 | 37901 |
|  | First Bank of Toyama Ltd. | 19100 | 147196 |
|  | Focus Systems Corp. | 1300 | 10113 |
|  | Foster Electric Co. Ltd. | 5860 | 49888 |
|  # | France Bed Holdings Co. Ltd. | 7200 | 64294 |
|  | F-Tech, Inc. | 5800 | 20524 |
|  | Fudo Tetra Corp. | 4400 | 71916 |
|  | Fuji Co. Ltd. | 2700 | 39446 |
|  | Fuji Corp. (6134 JP) | 4200 | 62458 |
|  | Fuji Corp. Ltd. | 7200 | 35491 |
|  | Fuji Die Co. Ltd. | 1700 | 8422 |
|  | Fuji Oil Co. Ltd. | 25701 | 147874 |
|  | Fuji Pharma Co. Ltd. | 2700 | 25911 |
|  | Fuji Seal International, Inc. | 13100 | 233901 |
|  | Fujibo Holdings, Inc. | 3600 | 125464 |
|  | Fujikura Composites, Inc. | 6200 | 57634 |
|  | Fujikura Ltd. | 4300 | 159990 |
|  # | Fujisash Co. Ltd. | 1650 | 7938 |
|  # | Fujiya Co. Ltd. | 3900 | 64362 |
|  | FuKoKu Co. Ltd. | 3700 | 41660 |
|  | Fukuda Corp. | 1600 | 59595 |
|  | Fukui Bank Ltd. | 6500 | 79838 |
|  | Fukuoka Financial Group, Inc. | 32060 | 847034 |
|  | Fukuyama Transporting Co. Ltd. | 2701 | 67014 |
|  | Fumakilla Ltd. | 1200 | 9305 |
|  | Furukawa Co. Ltd. | 11100 | 164168 |
|  | Furukawa Electric Co. Ltd. | 4400 | 138959 |
|  | Furuno Electric Co. Ltd. | 8700 | 155027 |
|  | Furuya Metal Co. Ltd. | 2500 | 45024 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Fuso Pharmaceutical Industries Ltd. | 800 | $13457 |
|  | Futaba Industrial Co. Ltd. | 19300 | 106806 |
|  | Gakken Holdings Co. Ltd. | 9300 | 65584 |
|  | Galilei Co. Ltd. | 6000 | 120403 |
|  | Geo Holdings Corp. | 9900 | 134632 |
|  | Giken Ltd. | 2299 | 23071 |
|  | GLOBERIDE, Inc. | 5000 | 65566 |
|  | Glory Ltd. | 12075 | 212613 |
|  | GLtechno Holdings, Inc. | 4490 | 87980 |
|  | Godo Steel Ltd. | 3100 | 80823 |
|  # | Grandy House Corp. | 4100 | 15821 |
|  | GS Yuasa Corp. | 12800 | 224831 |
|  # | GSI Creos Corp. | 3400 | 45827 |
|  | G-Tekt Corp. | 5100 | 58547 |
|  | Gunma Bank Ltd. | 97300 | 811458 |
|  | Gunze Ltd. | 10600 | 190592 |
|  | H2O Retailing Corp. | 27900 | 381608 |
|  | Hachijuni Bank Ltd. | 127712 | 963969 |
|  | Hagiwara Electric Holdings Co. Ltd. | 3300 | 71502 |
|  | Hagoromo Foods Corp. | 500 | 11759 |
|  | Hamakyorex Co. Ltd. | 18000 | 168090 |
|  | Handsman Co. Ltd. | 1900 | 10720 |
|  | Hanwa Co. Ltd. | 11900 | 394543 |
|  | Harima Chemicals Group, Inc. | 4400 | 24663 |
|  | Haseko Corp. | 48000 | 685566 |
|  | Hashimoto Sogyo Holdings Co. Ltd. | 3200 | 27825 |
|  | Heiwa Corp. | 15900 | 247497 |
|  | Heiwa Real Estate Co. Ltd. | 5400 | 177951 |
|  | Heiwado Co. Ltd. | 4687 | 87263 |
|  \* | Hino Motors Ltd. | 53100 | 168851 |
|  | Hirakawa Hewtech Corp. | 4305 | 36110 |
|  # | Hirano Tecseed Co. Ltd. | 2400 | 26688 |
|  | Hirata Corp. | 2401 | 24773 |
|  | Hirogin Holdings, Inc. | 80519 | 669271 |
|  | Hochiki Corp. | 3900 | 66748 |
|  | Hodogaya Chemical Co. Ltd. | 4200 | 43800 |
|  | Hogy Medical Co. Ltd. | 5500 | 157420 |
|  # | Hokkaido Coca-Cola Bottling Co. Ltd. | 1800 | 40751 |
|  | Hokkan Holdings Ltd. | 3400 | 43281 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Hokko Chemical Industry Co. Ltd. | 5700 | $48818 |
|  | Hokkoku Financial Holdings, Inc. | 7500 | 279499 |
|  # | Hokuetsu Corp. | 41600 | 318380 |
|  | Hokuhoku Financial Group, Inc. | 50800 | 911059 |
|  | Hokuriku Electric Industry Co. Ltd. | 2500 | 27151 |
|  | Hokuto Corp. | 2869 | 36944 |
|  | H-One Co. Ltd. | 8500 | 67084 |
|  | Honeys Holdings Co. Ltd. | 4700 | 53344 |
|  | Hoosiers Holdings Co. Ltd. | 10600 | 88119 |
|  | Hosokawa Micron Corp. | 3700 | 103120 |
|  | House Foods Group, Inc. | 9500 | 186271 |
|  # | Howa Machinery Ltd. | 4600 | 36110 |
|  | Hyakugo Bank Ltd. | 71200 | 345140 |
|  | Hyakujushi Bank Ltd. | 7500 | 174205 |
|  | Ibiden Co. Ltd. | 16100 | 446312 |
|  | Ichiken Co. Ltd. | 1900 | 37690 |
|  | Ichikoh Industries Ltd. | 9600 | 26435 |
|  | Ichinen Holdings Co. Ltd. | 6400 | 75833 |
|  | Ichiyoshi Securities Co. Ltd. | 8000 | 40643 |
|  | IDEA Consultants, Inc. | 1600 | 32740 |
|  | Iida Group Holdings Co. Ltd. | 35900 | 568254 |
|  | Iino Kaiun Kaisha Ltd. | 25600 | 186581 |
|  | Imagica Group, Inc. | 7600 | 30363 |
|  | Imura & Co. Ltd. | 2800 | 18995 |
|  | Inaba Denki Sangyo Co. Ltd. | 14600 | 384611 |
|  | Inaba Seisakusho Co. Ltd. | 3600 | 42867 |
|  | Inabata & Co. Ltd. | 14900 | 319718 |
|  | INFRONEER Holdings, Inc. | 56352 | 480643 |
|  | Innotech Corp. | 1200 | 10125 |
|  # | Inui Global Logistics Co. Ltd. | 1500 | 15303 |
|  | Iriso Electronics Co. Ltd. | 4963 | 88859 |
|  | Ishihara Sangyo Kaisha Ltd. | 12100 | 149102 |
|  | Ishizuka Glass Co. Ltd. | 800 | 13653 |
|  | Itochu Enex Co. Ltd. | 16700 | 180240 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Itochu-Shokuhin Co. Ltd. | 1900 | $128403 |
|  | Itoham Yonekyu Holdings, Inc. | 5840 | 183028 |
|  | Itoki Corp. | 9500 | 119470 |
|  | IwaiCosmo Holdings, Inc. | 6600 | 96702 |
|  | Iwatani Corp. | 19300 | 184795 |
|  | Iyogin Holdings, Inc. | 78300 | 908218 |
|  | J Front Retailing Co. Ltd. | 33813 | 413876 |
|  | J Trust Co. Ltd. | 2500 | 6856 |
|  | JANOME Corp. | 6900 | 54528 |
|  | Japan Cash Machine Co. Ltd. | 1500 | 10766 |
|  # | Japan Electronic Materials Corp. | 4200 | 55159 |
|  | Japan Investment Adviser Co. Ltd. | 5400 | 61854 |
|  | Japan Medical Dynamic Marketing, Inc. | 3799 | 14861 |
|  | Japan Pulp & Paper Co. Ltd. | 35000 | 150498 |
|  | Japan Securities Finance Co. Ltd. | 21100 | 252477 |
|  | Japan Steel Works Ltd. | 1400 | 57687 |
|  | Japan Transcity Corp. | 10000 | 61689 |
|  | Japan Wool Textile Co. Ltd. | 17400 | 180112 |
|  | JDC Corp. | 13600 | 45808 |
|  | Jichodo Co. Ltd. | 200 | 13544 |
|  | JINUSHI Co. Ltd. | 2900 | 41812 |
|  | JK Holdings Co. Ltd. | 5500 | 39232 |
|  | J-Oil Mills, Inc. | 6700 | 96201 |
|  | Joshin Denki Co. Ltd. | 3843 | 59924 |
|  | Joyful Honda Co. Ltd. | 14200 | 201483 |
|  | JSP Corp. | 4300 | 59285 |
|  | JTEKT Corp. | 42425 | 327651 |
|  \* | Juki Corp. | 4100 | 11432 |
|  | Juroku Financial Group, Inc. | 12200 | 412690 |
|  | JVCKenwood Corp. | 14500 | 108215 |
|  | Kadoya Sesame Mills, Inc. | 1100 | 27971 |
|  | Kaga Electronics Co. Ltd. | 9800 | 175526 |
|  | Kameda Seika Co. Ltd. | 200 | 5546 |
|  | Kamei Corp. | 9700 | 130459 |
|  | Kamigumi Co. Ltd. | 13100 | 320682 |
|  | Kanaden Corp. | 6800 | 69642 |
|  | Kanadevia Corp. | 39600 | 253993 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Kanagawa Chuo Kotsu Co. Ltd. | 1500 | $38775 |
|  | Kanamoto Co. Ltd. | 9469 | 212314 |
|  | Kandenko Co. Ltd. | 9200 | 182368 |
|  | Kaneka Corp. | 13500 | 329930 |
|  # | Kaneko Seeds Co. Ltd. | 4400 | 44175 |
|  | Kanematsu Corp. | 24400 | 423743 |
|  | Kanemi Co. Ltd. | 1200 | 27138 |
|  | Kanto Denka Kogyo Co. Ltd. | 12700 | 77037 |
|  | Kato Sangyo Co. Ltd. | 6100 | 213410 |
|  | Kawada Technologies, Inc. | 5100 | 115723 |
|  | Kawai Musical Instruments Manufacturing Co. Ltd. | 600 | 11477 |
|  | KEIWA, Inc. | 3000 | 19341 |
|  | Keiyo Bank Ltd. | 41300 | 240692 |
|  | Kenko Mayonnaise Co. Ltd. | 3934 | 52733 |
|  | KH Neochem Co. Ltd. | 4800 | 85069 |
|  | Kimura Chemical Plants Co. Ltd. | 5800 | 28035 |
|  | Kimura Unity Co. Ltd. | 9800 | 53198 |
|  | Ki-Star Real Estate Co. Ltd. | 2600 | 90259 |
|  | Kitagawa Corp. | 2400 | 20863 |
|  | Kita-Nippon Bank Ltd. | 3600 | 77109 |
|  | Kitz Corp. | 22500 | 171599 |
|  | Kiyo Bank Ltd. | 19800 | 336532 |
|  \* | KNT-CT Holdings Co. Ltd. | 2200 | 18140 |
|  | Koa Corp. | 3700 | 21405 |
|  | Koa Shoji Holdings Co. Ltd. | 2900 | 13736 |
|  | Koatsu Gas Kogyo Co. Ltd. | 9700 | 64316 |
|  | Kobe Steel Ltd. | 66700 | 782250 |
|  | Kohnan Shoji Co. Ltd. | 7800 | 205521 |
|  # | Kohsoku Corp. | 2700 | 40087 |
|  # | Kojima Co. Ltd. | 13300 | 98447 |
|  | Kokuyo Co. Ltd. | 21700 | 444684 |
|  | Komehyo Holdings Co. Ltd. | 1400 | 28162 |
|  | Komeri Co. Ltd. | 8200 | 174740 |
|  | Kondotec, Inc. | 5400 | 54186 |
|  \* | Konica Minolta, Inc. | 103400 | 317366 |
|  | Konishi Co. Ltd. | 16600 | 130412 |
|  | Konoike Transport Co. Ltd. | 9000 | 165237 |
|  | KPP Group Holdings Co. Ltd. | 14800 | 67675 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Krosaki Harima Corp. | 7200 | $126389 |
|  | KRS Corp. | 3600 | 46211 |
|  | K's Holdings Corp. | 43300 | 414685 |
|  | KU Holdings Co. Ltd. | 3700 | 28078 |
|  | Kumagai Gumi Co. Ltd. | 9906 | 295202 |
|  | Kumiai Chemical Industry Co. Ltd. | 18300 | 97711 |
|  | Kurabo Industries Ltd. | 4600 | 201526 |
|  | Kuraray Co. Ltd. | 95500 | 1115582 |
|  | Kureha Corp. | 14700 | 257299 |
|  | Kurimoto Ltd. | 3200 | 105953 |
|  | Kuriyama Holdings Corp. | 5000 | 45996 |
|  | KYB Corp. | 12400 | 253481 |
|  | Kyodo Printing Co. Ltd. | 8800 | 65546 |
|  | Kyoei Steel Ltd. | 8208 | 115694 |
|  | Kyokuto Boeki Kaisha Ltd. | 4800 | 52315 |
|  | Kyokuto Kaihatsu Kogyo Co. Ltd. | 10400 | 174696 |
|  | Kyokuyo Co. Ltd. | 2800 | 82569 |
|  | Kyorin Pharmaceutical Co. Ltd. | 8300 | 85817 |
|  | Kyosan Electric Manufacturing Co. Ltd. | 12300 | 41255 |
|  | Kyushu Financial Group, Inc. | 99900 | 504293 |
|  # | Lacto Japan Co. Ltd. | 2600 | 64070 |
|  | LEC, Inc. | 7500 | 65945 |
|  | Life Corp. | 9400 | 136162 |
|  | LIFULL Co. Ltd. | 26000 | 27593 |
|  | Lintec Corp. | 11600 | 221894 |
|  | Lixil Corp. | 78800 | 928548 |
|  | Look Holdings, Inc. | 1800 | 30775 |
|  | Mabuchi Motor Co. Ltd. | 20400 | 298027 |
|  | Maezawa Industries, Inc. | 5300 | 52152 |
|  | Makino Milling Machine Co. Ltd. | 6900 | 544075 |
|  | Mandom Corp. | 10593 | 101057 |
|  | Marubun Corp. | 5500 | 35684 |
|  | Marudai Food Co. Ltd. | 5400 | 70312 |
|  | Maruha Nichiro Corp. | 14500 | 331318 |
|  | MARUKA FURUSATO Corp. | 5038 | 80878 |
|  | Maruyama Manufacturing Co., Inc. | 1100 | 15264 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Maruzen CHI Holdings Co. Ltd. | 3000 | $6811 |
|  | Maruzen Showa Unyu Co. Ltd. | 4700 | 197610 |
|  # | Marvelous, Inc. | 3700 | 12274 |
|  | Matsuda Sangyo Co. Ltd. | 4300 | 109376 |
|  # | Matsuoka Corp. | 1100 | 14011 |
|  | Maxell Ltd. | 9900 | 121342 |
|  | Maxvalu Tokai Co. Ltd. | 2200 | 46681 |
|  | Mazda Motor Corp. | 118000 | 705500 |
|  | Mebuki Financial Group, Inc. | 163600 | 799370 |
|  | Media Do Co. Ltd. | 2000 | 24490 |
|  | Medical System Network Co. Ltd. | 10600 | 34879 |
|  | Medipal Holdings Corp. | 47200 | 799836 |
|  | Megmilk Snow Brand Co. Ltd. | 12000 | 220652 |
|  | Meidensha Corp. | 5700 | 156593 |
|  | Meiji Electric Industries Co. Ltd. | 3800 | 40940 |
|  | Meiji Shipping Group Co. Ltd. | 4300 | 18812 |
|  | Meiko Electronics Co. Ltd. | 3000 | 131782 |
|  # | Meiwa Estate Co. Ltd. | 4900 | 32169 |
|  | Menicon Co. Ltd. | 10685 | 105722 |
|  | Mie Kotsu Group Holdings, Inc. | 16800 | 58823 |
|  | MIMAKI ENGINEERING Co. Ltd. | 700 | 7099 |
|  | Ministop Co. Ltd. | 1700 | 21802 |
|  | Mirait One Corp. | 28810 | 453067 |
|  | Mirarth Holdings, Inc. | 29200 | 101065 |
|  | Mitsuba Corp. | 15300 | 89846 |
|  | Mitsubishi Gas Chemical Co., Inc. | 40800 | 621648 |
|  | Mitsubishi Logisnext Co. Ltd. | 5100 | 71639 |
|  | Mitsubishi Logistics Corp. | 69500 | 479646 |
|  | Mitsubishi Materials Corp. | 30200 | 476331 |
|  | Mitsubishi Motors Corp. | 142100 | 393391 |
|  | Mitsubishi Paper Mills Ltd. | 9464 | 50965 |
|  | Mitsubishi Research Institute, Inc. | 2400 | 75363 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Mitsubishi Shokuhin Co. Ltd. | 4600 | $172209 |
|  | Mitsubishi Steel Manufacturing Co. Ltd. | 2100 | 23153 |
|  | Mitsui Chemicals, Inc. | 32100 | 705388 |
|  | Mitsui DM Sugar Co. Ltd. | 6095 | 145985 |
|  | Mitsui E&S Co. Ltd. | 14000 | 178631 |
|  | Mitsui High-Tec, Inc. | 6400 | 29894 |
|  | Mitsui Mining & Smelting Co. Ltd. | 17816 | 484363 |
|  | Mitsui-Soko Holdings Co. Ltd. | 9900 | 204051 |
|  | Mitsuuroko Group Holdings Co. Ltd. | 5200 | 65684 |
|  | Miyazaki Bank Ltd. | 7000 | 154583 |
|  | Mizuno Corp. | 8700 | 155271 |
|  | Mochida Pharmaceutical Co. Ltd. | 2600 | 56282 |
|  | Morinaga Milk Industry Co. Ltd. | 21800 | 518025 |
|  | Moriroku Co. Ltd. | 2601 | 40130 |
|  | Morita Holdings Corp. | 10700 | 159657 |
|  | Mory Industries, Inc. | 9000 | 64261 |
|  | MrMax Holdings Ltd. | 8500 | 40182 |
|  | Mugen Estate Co. Ltd. | 2800 | 43446 |
|  | Musashi Seimitsu Industry Co. Ltd. | 7700 | 132426 |
|  | Musashino Bank Ltd. | 10000 | 221616 |
|  | Nabtesco Corp. | 20700 | 310688 |
|  | NAC Co. Ltd. | 6000 | 25620 |
|  | Nachi-Fujikoshi Corp. | 2587 | 55382 |
|  # | Nafco Co. Ltd. | 2600 | 33047 |
|  # | Nagano Keiki Co. Ltd. | 1500 | 19873 |
|  | Nagase & Co. Ltd. | 32400 | 570681 |
|  | Naigai Tec Corp. | 900 | 13065 |
|  | Nakamoto Packs Co. Ltd. | 800 | 9533 |
|  | Nakamuraya Co. Ltd. | 1100 | 25066 |
|  | Nakayama Steel Works Ltd. | 12000 | 61251 |
|  | Nanto Bank Ltd. | 9600 | 262928 |
|  | Nanyo Corp. | 2600 | 21539 |
|  # | Natori Co. Ltd. | 2300 | 33173 |
|  | NGK Insulators Ltd. | 59400 | 732997 |
|  | NH Foods Ltd. | 8600 | 324678 |
|  | NHK Spring Co. Ltd. | 62244 | 691734 |
|  | Nicca Chemical Co. Ltd. | 1800 | 16674 |
|  | Nice Corp. | 2600 | 28713 |
|  | Nichiban Co. Ltd. | 3400 | 48655 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Nichicon Corp. | 13400 | $109616 |
|  | Nichiden Corp. | 4700 | 93906 |
|  | Nichiha Corp. | 7200 | 146048 |
|  | Nichimo Co. Ltd. | 1600 | 22204 |
|  | Nichirin Co. Ltd. | 3750 | 92257 |
|  | Nihon Chouzai Co. Ltd. | 2500 | 51571 |
|  | Nihon Denkei Co. Ltd. | 2100 | 28246 |
|  | Nihon Nohyaku Co. Ltd. | 13700 | 79221 |
|  | Nihon Yamamura Glass Co. Ltd. | 1100 | 17283 |
|  | Nikkiso Co. Ltd. | 11500 | 96013 |
|  | Nikkon Holdings Co. Ltd. | 24600 | 507771 |
|  | Nikon Corp. | 83200 | 800005 |
|  | Nippi, Inc. | 900 | 34874 |
|  | Nippn Corp. | 14900 | 234855 |
|  | Nippon Carbide Industries Co., Inc. | 2300 | 27124 |
|  | Nippon Chemical Industrial Co. Ltd. | 2900 | 42892 |
|  \* | Nippon Chemi-Con Corp. | 2100 | 14353 |
|  #\* | Nippon Coke & Engineering Co. Ltd. | 51900 | 31263 |
|  | Nippon Concrete Industries Co. Ltd. | 17600 | 41103 |
|  | Nippon Denko Co. Ltd. | 44300 | 83228 |
|  | Nippon Dry-Chemical Co. Ltd. | 1400 | 41059 |
|  # | Nippon Electric Glass Co. Ltd. | 27600 | 631509 |
|  | Nippon Express Holdings, Inc. | 32700 | 583952 |
|  | Nippon Kayaku Co. Ltd. | 27900 | 262863 |
|  | Nippon Light Metal Holdings Co. Ltd. | 6403 | 66757 |
|  | Nippon Paper Industries Co. Ltd. | 48100 | 371889 |
|  | Nippon Rietec Co. Ltd. | 3460 | 39168 |
|  | Nippon Road Co. Ltd. | 4500 | 61636 |
|  | Nippon Seisen Co. Ltd. | 3500 | 26014 |
|  #\* | Nippon Sheet Glass Co. Ltd. | 24000 | 68841 |
|  | Nippon Shinyaku Co. Ltd. | 9400 | 242373 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Nippon Shokubai Co. Ltd. | 36400 | $426576 |
|  | Nippon Soda Co. Ltd. | 13200 | 247660 |
|  | Nippon Thompson Co. Ltd. | 23600 | 80523 |
|  # | Nippon Yakin Kogyo Co. Ltd. | 5100 | 144836 |
|  | Nipro Corp. | 41300 | 365988 |
|  | Nishi-Nippon Financial Holdings, Inc. | 29200 | 428943 |
|  | Nishio Holdings Co. Ltd. | 6200 | 178400 |
|  | Nissan Tokyo Sales Holdings Co. Ltd. | 14900 | 50930 |
|  | Nissha Co. Ltd. | 3086 | 26446 |
|  | Nisshin Oillio Group Ltd. | 8600 | 296866 |
|  | Nisshinbo Holdings, Inc. | 33453 | 199972 |
|  | Nissin Corp. | 5000 | 168513 |
|  | Nissui Corp. | 82900 | 504217 |
|  | Nitta Gelatin, Inc. | 3800 | 21780 |
|  | Nitto Fuji Flour Milling Co. Ltd. | 800 | 38486 |
|  | Nitto Kogyo Corp. | 4500 | 94468 |
|  | Nitto Seiko Co. Ltd. | 12100 | 50129 |
|  | Nittoku Co. Ltd. | 2801 | 39792 |
|  | Nohmi Bosai Ltd. | 3600 | 83782 |
|  | Nojima Corp. | 19300 | 347008 |
|  | Nomura Real Estate Holdings, Inc. | 68000 | 404426 |
|  | Noritake Co. Ltd. | 5400 | 140736 |
|  | Noritz Corp. | 6200 | 76237 |
|  | North Pacific Bank Ltd. | 82400 | 288094 |
|  | NPR-RIKEN Corp. | 3660 | 60699 |
|  | NS Tool Co. Ltd. | 2500 | 12399 |
|  | NS United Kaiun Kaisha Ltd. | 3800 | 100541 |
|  | NSK Ltd. | 64811 | 283101 |
|  | NSW, Inc. | 2600 | 56442 |
|  | NTN Corp. | 86100 | 132604 |
|  | Obara Group, Inc. | 2900 | 67514 |
|  | Ochi Holdings Co. Ltd. | 900 | 8587 |
|  | Ogaki Kyoritsu Bank Ltd. | 5700 | 92504 |
|  # | Ohara, Inc. | 2300 | 16651 |
|  | Oiles Corp. | 6500 | 97251 |
|  | Oita Bank Ltd. | 4300 | 102633 |
|  | Oji Holdings Corp. | 255500 | 1206096 |
|  | Okabe Co. Ltd. | 15300 | 95121 |
|  | Okada Aiyon Corp. | 300 | 3929 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Okamoto Industries, Inc. | 3000 | $105763 |
|  | Okamoto Machine Tool Works Ltd. | 1300 | 31839 |
|  | Okamura Corp. | 15400 | 213831 |
|  | Okasan Securities Group, Inc. | 51100 | 228161 |
|  | Oki Electric Industry Co. Ltd. | 14500 | 96574 |
|  | Okinawa Financial Group, Inc. | 11780 | 204336 |
|  | OKUMA Corp. | 14200 | 319025 |
|  | Okumura Corp. | 10700 | 331880 |
|  | Okura Industrial Co. Ltd. | 2800 | 81038 |
|  | Okuwa Co. Ltd. | 12382 | 79031 |
|  | Olba Healthcare Holdings, Inc. | 1600 | 24363 |
|  | Onoken Co. Ltd. | 5000 | 52363 |
|  | Onward Holdings Co. Ltd. | 37900 | 153462 |
|  | Open House Group Co. Ltd. | 2900 | 128592 |
|  | Optimus Group Co. Ltd. | 4000 | 9660 |
|  | Optorun Co. Ltd. | 2900 | 28826 |
|  | Oriental Consultants Holdings Co. Ltd. | 500 | 17684 |
|  | Oriental Shiraishi Corp. | 36900 | 97214 |
|  # | Osaka Organic Chemical Industry Ltd. | 1000 | 16855 |
|  | Osaki Electric Co. Ltd. | 8300 | 49399 |
|  # | OSG Corp. | 20500 | 243681 |
|  | OUG Holdings, Inc. | 1100 | 24291 |
|  | Pacific Industrial Co. Ltd. | 10400 | 91327 |
|  # | Pack Corp. | 1100 | 25002 |
|  | PALTAC Corp. | 7100 | 196894 |
|  | Paraca, Inc. | 1600 | 21013 |
|  | Paramount Bed Holdings Co. Ltd. | 11600 | 186858 |
|  | Penta-Ocean Construction Co. Ltd. | 47400 | 271916 |
|  | PHC Holdings Corp. | 4000 | 26988 |
|  | Pickles Holdings Co. Ltd. | 4900 | 31793 |
|  | PILLAR Corp. | 2600 | 66155 |
|  | Pole To Win Holdings, Inc. | 10603 | 26742 |
|  | Press Kogyo Co. Ltd. | 28800 | 109866 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Prima Meat Packers Ltd. | 2100 | $33800 |
|  | Procrea Holdings, Inc. | 10300 | 117802 |
|  | PS Construction Co. Ltd. | 3450 | 36933 |
|  | QB Net Holdings Co. Ltd. | 3000 | 23324 |
|  | Qol Holdings Co. Ltd. | 6200 | 99698 |
|  | Raiznext Corp. | 8600 | 89844 |
|  | Rasa Corp. | 1900 | 18967 |
|  | Rasa Industries Ltd. | 2800 | 53818 |
|  | Rengo Co. Ltd. | 36900 | 205994 |
|  #\* | RENOVA, Inc. | 14500 | 66419 |
|  | Resonac Holdings Corp. | 51800 | 942136 |
|  | Restar Corp. | 5900 | 92483 |
|  | Retail Partners Co. Ltd. | 5900 | 56719 |
|  | Rheon Automatic Machinery Co. Ltd. | 7100 | 57841 |
|  | Riken Technos Corp. | 11500 | 80819 |
|  | Riken Vitamin Co. Ltd. | 5400 | 94206 |
|  | Rion Co. Ltd. | 2100 | 35077 |
|  # | Rix Corp. | 600 | 12367 |
|  | Rohm Co. Ltd. | 71000 | 646454 |
|  | Rokko Butter Co. Ltd. | 1300 | 11529 |
|  | Ryobi Ltd. | 7900 | 115183 |
|  | RYODEN Corp. | 5800 | 98219 |
|  | Ryoyo Ryosan Holdings, Inc. | 4148 | 69663 |
|  | S Foods, Inc. | 2200 | 41546 |
|  | S&B Foods, Inc. | 5000 | 99022 |
|  # | Sac's Bar Holdings, Inc. | 7900 | 46217 |
|  | Sakai Chemical Industry Co. Ltd. | 5400 | 95078 |
|  | Sakai Heavy Industries Ltd. | 3200 | 45470 |
|  | Sakai Moving Service Co. Ltd. | 2000 | 34213 |
|  | Sakata INX Corp. | 10570 | 137187 |
|  | Sakata Seed Corp. | 4800 | 111174 |
|  | Sala Corp. | 18200 | 116570 |
|  | San Holdings, Inc. | 6600 | 55655 |
|  | San ju San Financial Group, Inc. | 7530 | 121092 |
|  | San-A Co. Ltd. | 8800 | 174745 |
|  | San-Ai Obbli Co. Ltd. | 19800 | 232517 |
|  | San-In Godo Bank Ltd. | 43200 | 383797 |
|  \* | Sanken Electric Co. Ltd. | 3500 | 154580 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Sanki Engineering Co. Ltd. | 6900 | $176302 |
|  | Sanko Gosei Ltd. | 13300 | 56850 |
|  | Sanko Metal Industrial Co. Ltd. | 1000 | 41405 |
|  | Sankyo Frontier Co. Ltd. | 2800 | 37664 |
|  # | Sankyo Tateyama, Inc. | 8700 | 38871 |
|  | Sankyu, Inc. | 13800 | 603971 |
|  # | Sanoh Industrial Co. Ltd. | 3700 | 16024 |
|  | Sansei Technologies, Inc. | 4600 | 40720 |
|  | Sansha Electric Manufacturing Co. Ltd. | 2600 | 14717 |
|  | Sanyo Chemical Industries Ltd. | 3300 | 83137 |
|  | Sanyo Denki Co. Ltd. | 2700 | 185557 |
|  | Sanyo Trading Co. Ltd. | 6600 | 64918 |
|  | Sato Corp. | 8100 | 117217 |
|  | Sato Shoji Corp. | 5000 | 51545 |
|  | Satori Electric Co. Ltd. | 4200 | 48620 |
|  | Satudora Holdings Co. Ltd. | 1800 | 11350 |
|  | Sawai Group Holdings Co. Ltd. | 33900 | 488479 |
|  | SBS Holdings, Inc. | 3100 | 62225 |
|  | Scroll Corp. | 9700 | 69763 |
|  | Seika Corp. | 2600 | 80003 |
|  | Seiko Group Corp. | 8200 | 216453 |
|  | Seino Holdings Co. Ltd. | 35900 | 565004 |
|  | Seiren Co. Ltd. | 1500 | 23306 |
|  | Sekisui Kasei Co. Ltd. | 11200 | 25684 |
|  | SEMITEC Corp. | 1700 | 21227 |
|  | Senko Group Holdings Co. Ltd. | 32800 | 389913 |
|  | Senshu Ikeda Holdings, Inc. | 55800 | 184265 |
|  | Seven Bank Ltd. | 37900 | 68202 |
|  \* | Sharp Corp. | 1400 | 8300 |
|  | Shibaura Machine Co. Ltd. | 3500 | 88359 |
|  | Shibusawa Logistics Corp. | 3100 | 69191 |
|  | Shibuya Corp. | 1200 | 26053 |
|  | Shiga Bank Ltd. | 12400 | 498605 |
|  | Shikibo Ltd. | 4000 | 27120 |
|  | Shikoku Bank Ltd. | 8100 | 67345 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| JAPAN — (Continued) |  |  |
| Shima Seiki Manufacturing Ltd. | 5680 | $34836 |
| Shimizu Corp. | 900 | 9615 |
| Shimojima Co. Ltd. | 5000 | 43213 |
| Shin Nippon Air Technologies Co. Ltd. | 3400 | 50233 |
| Shinagawa Refractories Co. Ltd. | 8500 | 98036 |
| Shindengen Electric Manufacturing Co. Ltd. | 1900 | 27482 |
| Shin-Etsu Polymer Co. Ltd. | 11300 | 115783 |
| Shinko Shoji Co. Ltd. | 8100 | 50497 |
| Shinmaywa Industries Ltd. | 14600 | 137577 |
| Shinsho Corp. | 4500 | 59314 |
| Shinwa Co. Ltd. (7607 JP) | 3600 | 76364 |
| Shizuoka Financial Group, Inc. | 16600 | 184468 |
| Shizuoka Gas Co. Ltd. | 16700 | 137619 |
| Shofu, Inc. | 1000 | 15299 |
| Showa Sangyo Co. Ltd. | 600 | 12705 |
| Showa Shinku Co. Ltd. | 700 | 6621 |
| Siix Corp. | 10100 | 74373 |
| Sinanen Holdings Co. Ltd. | 2300 | 106958 |
| Sinfonia Technology Co. Ltd. | 3900 | 166760 |
| SKY Perfect JSAT Holdings, Inc. | 56500 | 456754 |
| Skymark Airlines, Inc. | 4700 | 16594 |
| Soda Nikka Co. Ltd. | 6400 | 46124 |
| Sodick Co. Ltd. | 17800 | 93553 |
| Sojitz Corp. | 28600 | 676614 |
| Soken Chemical & Engineering Co. Ltd. | 5600 | 59523 |
| SPK Corp. | 3200 | 46270 |
| Star Mica Holdings Co. Ltd. | 9900 | 67632 |
| Star Micronics Co. Ltd. | 9900 | 113531 |
| Starts Corp., Inc. | 8200 | 223025 |
| Starzen Co. Ltd. | 14700 | 125516 |
| Stella Chemifa Corp. | 2900 | 75739 |
| Step Co. Ltd. | 1700 | 27160 |
| Sugimoto & Co. Ltd. | 5600 | 63070 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  # | SUMCO Corp. | 62200 | $428937 |
|  | Sumida Corp. | 4001 | 26509 |
|  | Sumitomo Bakelite Co. Ltd. | 3400 | 79053 |
|  | Sumitomo Heavy Industries Ltd. | 19249 | 400799 |
|  | Sumitomo Mitsui Construction Co. Ltd. | 44200 | 156651 |
|  | Sumitomo Osaka Cement Co. Ltd. | 12175 | 332482 |
|  \* | Sumitomo Pharma Co. Ltd. | 33100 | 182706 |
|  | Sumitomo Riko Co. Ltd. | 13900 | 158964 |
|  | Sumitomo Rubber Industries Ltd. | 51154 | 644201 |
|  | Sumitomo Seika Chemicals Co. Ltd. | 2400 | 80040 |
|  | Sun Frontier Fudousan Co. Ltd. | 9500 | 130006 |
|  \* | Suncall Corp. | 1000 | 2214 |
|  | Sun-Wa Technos Corp. | 3300 | 48888 |
|  | Suruga Bank Ltd. | 61100 | 541218 |
|  | Suzuken Co. Ltd. | 17500 | 632234 |
|  | Suzuki Co. Ltd. | 4300 | 48646 |
|  | SWCC Corp. | 200 | 9089 |
|  | T Hasegawa Co. Ltd. | 9200 | 184386 |
|  | T RAD Co. Ltd. | 2300 | 61755 |
|  | Tachibana Eletech Co. Ltd. | 4500 | 73595 |
|  | Tachi-S Co. Ltd. | 8200 | 90460 |
|  | Tadano Ltd. | 21200 | 146875 |
|  | Taihei Dengyo Kaisha Ltd. | 4000 | 136797 |
|  | Taiheiyo Cement Corp. | 29400 | 791606 |
|  | Taiheiyo Kouhatsu, Inc. | 1500 | 7086 |
|  | Taiho Kogyo Co. Ltd. | 6400 | 29178 |
|  | Taikisha Ltd. | 14000 | 229152 |
|  | Taiko Bank Ltd. | 1500 | 14837 |
|  # | Taiyo Yuden Co. Ltd. | 21369 | 322293 |
|  | Takamatsu Construction Group Co. Ltd. | 4700 | 95209 |
|  | Takaoka Toko Co. Ltd. | 3700 | 59506 |
|  | Takara & Co. Ltd. | 3300 | 79965 |
|  | Takara Holdings, Inc. | 26100 | 210655 |
|  | Takara Standard Co. Ltd. | 7800 | 98584 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Takasago International Corp. | 4300 | $201983 |
|  | Takashima & Co. Ltd. | 6000 | 54972 |
|  | Takashimaya Co. Ltd. | 62200 | 479571 |
|  | Take & Give Needs Co. Ltd. | 2200 | 13301 |
|  # | TAKEBISHI Corp. | 2800 | 34896 |
|  # | Taki Chemical Co. Ltd. | 1000 | 22003 |
|  | Takuma Co. Ltd. | 11100 | 143025 |
|  | Tamura Corp. | 8601 | 27436 |
|  | Tanabe Engineering Corp. | 1300 | 19621 |
|  | TASUKI Holdings, Inc. | 3600 | 16628 |
|  | Tayca Corp. | 5500 | 50080 |
|  | Technoflex Corp. | 1200 | 9849 |
|  | Teijin Ltd. | 20300 | 170209 |
|  | Tekken Corp. | 3000 | 58221 |
|  # | Tenma Corp. | 3400 | 84832 |
|  | Tera Probe, Inc. | 1100 | 20412 |
|  | Terasaki Electric Co. Ltd. | 900 | 13219 |
|  | Tess Holdings Co. Ltd. | 10500 | 24534 |
|  | Toa Corp. (1885 JP) | 17200 | 166177 |
|  | TOA ROAD Corp. | 17000 | 181763 |
|  | Toagosei Co. Ltd. | 14300 | 134540 |
|  | TOBISHIMA HOLDINGS, Inc. | 3740 | 47042 |
|  | Tochigi Bank Ltd. | 24700 | 55946 |
|  | Toda Corp. | 62100 | 395634 |
|  | Toenec Corp. | 13000 | 102954 |
|  | Togami Electric Manufacturing Co. Ltd. | 700 | 16979 |
|  | Toho Acetylene Co. Ltd. | 6000 | 15189 |
|  # | Toho Bank Ltd. | 53600 | 132208 |
|  | Toho Holdings Co. Ltd. | 8600 | 281146 |
|  | Tohoku Bank Ltd. | 4728 | 35588 |
|  # | Tokai Carbon Co. Ltd. | 16800 | 108407 |
|  | Tokai Corp. | 2268 | 33357 |
|  | Tokai Rika Co. Ltd. | 16900 | 251702 |
|  | Tokai Tokyo Financial Holdings, Inc. | 39676 | 131044 |
|  | Tokushu Tokai Paper Co. Ltd. | 2300 | 60081 |
|  | Tokuyama Corp. | 18500 | 377629 |
|  | Tokyo Energy & Systems, Inc. | 3090 | 24403 |
|  | Tokyo Keiki, Inc. | 3800 | 93274 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Tokyo Kiraboshi Financial Group, Inc. | 8300 | $328091 |
|  | Tokyo Rope Manufacturing Co. Ltd. | 4600 | 39039 |
|  | Tokyo Sangyo Co. Ltd. | 4000 | 19430 |
|  | Tokyo Steel Manufacturing Co. Ltd. | 2000 | 22614 |
|  | Tokyo Tatemono Co. Ltd. | 43000 | 770918 |
|  | Tokyo Tekko Co. Ltd. | 700 | 27285 |
|  | Tokyu Construction Co. Ltd. | 8800 | 51092 |
|  | Tokyu Fudosan Holdings Corp. | 103300 | 723494 |
|  | Toli Corp. | 12400 | 42398 |
|  | Tomen Devices Corp. | 1400 | 52316 |
|  | Tomoe Engineering Co. Ltd. | 6900 | 66814 |
|  | Tomoku Co. Ltd. | 3200 | 54839 |
|  | TOMONY Holdings, Inc. | 53500 | 205008 |
|  | Topre Corp. | 9601 | 117309 |
|  | Topy Industries Ltd. | 1800 | 26091 |
|  | Torex Semiconductor Ltd. | 5099 | 42289 |
|  | Torishima Pump Manufacturing Co. Ltd. | 3700 | 51034 |
|  | Tosei Corp. | 9200 | 155056 |
|  | Tosho Co. Ltd. | 4000 | 15388 |
|  | Tosoh Corp. | 61200 | 862719 |
|  | Totetsu Kogyo Co. Ltd. | 5700 | 125786 |
|  # | Towa Bank Ltd. | 11200 | 48068 |
|  | Towa Pharmaceutical Co. Ltd. | 8500 | 157725 |
|  | Toyo Construction Co. Ltd. | 18500 | 173533 |
|  # | Toyo Corp. | 1200 | 11555 |
|  | Toyo Innovex Co. Ltd. | 5300 | 21431 |
|  | Toyo Kanetsu KK | 2400 | 59632 |
|  | Toyo Seikan Group Holdings Ltd. | 43100 | 752470 |
|  | Toyo Tanso Co. Ltd. | 2200 | 61825 |
|  | Toyo Tire Corp. | 32200 | 602037 |
|  | Toyobo Co. Ltd. | 45523 | 282416 |
|  | Toyoda Gosei Co. Ltd. | 20300 | 389794 |
|  | Toyota Boshoku Corp. | 19600 | 281235 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | TRE Holdings Corp. | 12600 | $135788 |
|  | Trusco Nakayama Corp. | 10600 | 158142 |
|  # | Tsubaki Nakashima Co. Ltd. | 7100 | 20212 |
|  | Tsubakimoto Chain Co. | 22500 | 273337 |
|  | Tsubakimoto Kogyo Co. Ltd. | 3000 | 45464 |
|  | Tsugami Corp. | 12900 | 158910 |
|  | Tsukishima Holdings Co. Ltd. | 5300 | 74383 |
|  | Tsukuba Bank Ltd. | 31700 | 53460 |
|  | Tsumura & Co. | 6400 | 192455 |
|  | Tsuzuki Denki Co. Ltd. | 1800 | 30870 |
|  | UACJ Corp. | 10800 | 364374 |
|  | UBE Corp. | 20400 | 299297 |
|  | Uchida Yoko Co. Ltd. | 2000 | 109412 |
|  | Ueki Corp. | 1000 | 13303 |
|  | Ulvac, Inc. | 6800 | 230619 |
|  | Unipres Corp. | 18000 | 126467 |
|  | United Super Markets Holdings, Inc. | 15557 | 100056 |
|  | Urbanet Corp. Co. Ltd. | 7300 | 23466 |
|  | Ushio, Inc. | 20900 | 251383 |
|  | V Technology Co. Ltd. | 3300 | 46510 |
|  | Valor Holdings Co. Ltd. | 16700 | 292192 |
|  | Valqua Ltd. | 2487 | 52321 |
|  | Vital KSK Holdings, Inc. | 14400 | 132556 |
|  | VT Holdings Co. Ltd. | 24900 | 88112 |
|  | Wacoal Holdings Corp. | 9100 | 317608 |
|  | Wakachiku Construction Co. Ltd. | 3700 | 103457 |
|  | Wakita & Co. Ltd. | 12600 | 155699 |
|  | Warabeya Nichiyo Holdings Co. Ltd. | 3600 | 55682 |
|  # | Wise Holdings Co. Ltd. | 27600 | 13325 |
|  | World Co. Ltd. | 7600 | 141175 |
|  | World Holdings Co. Ltd. | 2400 | 33624 |
|  | Xebio Holdings Co. Ltd. | 9902 | 90334 |
|  | Yahagi Construction Co. Ltd. | 7300 | 74266 |
|  | YAKUODO Holdings Co. Ltd. | 2000 | 28419 |

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------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | YAMABIKO Corp. | 11300 | $169106 |
|  | Yamada Holdings Co. Ltd. | 87400 | 281671 |
|  # | Yamae Group Holdings Co. Ltd. | 5000 | 90695 |
|  | Yamagata Bank Ltd. | 4900 | 44132 |
|  | Yamaguchi Financial Group, Inc. | 58328 | 689107 |
|  | Yamaichi Electronics Co. Ltd. | 5600 | 78692 |
|  | Yamanashi Chuo Bank Ltd. | 8400 | 119810 |
|  | Yamashin-Filter Corp. | 7500 | 27516 |
|  | Yamatane Corp. | 2300 | 72366 |
|  | Yamaya Corp. | 1800 | 36230 |
|  | Yamazen Corp. | 14700 | 144537 |
|  | Yashima Denki Co. Ltd. | 2600 | 30854 |
|  | Yellow Hat Ltd. | 19200 | 182981 |
|  | Yokogawa Bridge Holdings Corp. | 9000 | 164889 |
|  | Yokohama Rubber Co. Ltd. | 40300 | 881152 |
|  | Yokorei Co. Ltd. | 8800 | 52563 |
|  | Yondenko Corp. | 9000 | 84864 |
|  | Yondoshi Holdings, Inc. | 1600 | 19721 |
|  | Yorozu Corp. | 5700 | 40885 |
|  # | Yotai Refractories Co. Ltd. | 5200 | 64706 |
|  | Yuasa Trading Co. Ltd. | 5700 | 174435 |
|  | Yurtec Corp. | 11800 | 152372 |
|  | Zacros Corp. | 4700 | 130328 |
|  | Zenrin Co. Ltd. | 7800 | 65644 |
|  | Zeon Corp. | 35400 | 347140 |
|  | Zojirushi Corp. | 3000 | 28818 |
|  TOTAL JAPAN | TOTAL JAPAN |  | 118722790 |
|  KUWAIT — (0.2%) | KUWAIT — (0.2%) |  |  |
|  | A'ayan Leasing & Investment Co. KSCP | 146389 | 77444 |
|  | Agility Public Warehousing Co. KSC | 368791 | 316727 |
|  | Al Ahli Bank of Kuwait KSCP | 52684 | 52199 |
|  | Burgan Bank SAK | 135284 | 99517 |
|  | Combined Group Contracting Co. SAK | 13115 | 27733 |
|  | Gulf Bank KSCP | 22252 | 24422 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  KUWAIT — (Continued) | KUWAIT — (Continued) |  |  |
|  | Gulf Cables & Electrical Industries Group Co. KSCP | 6109 | $44999 |
|  | Kuwait International Bank KSCP | 285115 | 210753 |
|  | Mezzan Holding Co. KSCC | 9575 | 29827 |
|  \* | Warba Bank KSCP | 571722 | 414529 |
|  TOTAL KUWAIT | TOTAL KUWAIT |  | 1298150 |
|  LIECHTENSTEIN — (0.1%) | LIECHTENSTEIN — (0.1%) |  |  |
|  | Liechtensteinische Landesbank AG | 3370 | 309412 |
|  | VP Bank AG, Class A | 966 | 96308 |
|  TOTAL LIECHTENSTEIN | TOTAL LIECHTENSTEIN |  | 405720 |
|  LUXEMBOURG — (0.2%) | LUXEMBOURG — (0.2%) |  |  |
|  | Aperam SA | 16434 | 478187 |
|  W | B&S Group SARL | 5237 | 34507 |
|  W | Befesa SA | 4810 | 146258 |
|  | d'Amico International Shipping SA | 33291 | 123468 |
|  | RTL Group SA | 5153 | 211328 |
|  | SES SA | 68341 | 362344 |
|  | Tenaris SA (TS US), ADR | 13348 | 444355 |
|  TOTAL LUXEMBOURG | TOTAL LUXEMBOURG |  | 1800447 |
|  MALAYSIA — (0.5%) | MALAYSIA — (0.5%) |  |  |
|  | Able Global Bhd. | 27200 | 9583 |
|  | Aeon Co. M Bhd. | 42400 | 14413 |
|  # | AFFIN Bank Bhd. | 99265 | 60907 |
|  | Ajinomoto Malaysia Bhd. | 3900 | 12912 |
|  | Alliance Bank Malaysia Bhd. | 141500 | 143575 |
|  | Allianz Malaysia Bhd. | 10200 | 43594 |
|  | AME Elite Consortium Bhd. | 23900 | 8862 |
|  | AMMB Holdings Bhd. (AMM MK) | 50500 | 60419 |
|  # | Bank Islam Malaysia Bhd. | 109299 | 62098 |
|  | Batu Kawan Bhd. | 15700 | 68865 |
|  \* | Berjaya Corp. Bhd. | 559724 | 38244 |
|  | Beshom Holdings Bhd. | 16303 | 2730 |
|  | CB Industrial Product Holding Bhd. | 30900 | 7724 |
|  | Coastal Contracts Bhd. | 24400 | 7791 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |  |
|  | Dayang Enterprise Holdings Bhd. | 159940 | $63850 |
|  | Duopharma Biotech Bhd. | 74277 | 20815 |
|  # | Eastern & Oriental Bhd. | 157000 | 28737 |
|  | Eco World Development Group Bhd. | 128100 | 55860 |
|  # | FGV Holdings Bhd. | 88200 | 22304 |
|  # | Formosa Prosonic Industries Bhd. | 22200 | 11580 |
|  | Gamuda Bhd. | 40251 | 39658 |
|  # | Genting Bhd. | 317900 | 236007 |
|  # | Genting Malaysia Bhd. | 367500 | 146160 |
|  | Genting Plantations Bhd. | 40500 | 45368 |
|  | Guan Chong Bhd. | 16400 | 12858 |
|  | Hap Seng Plantations Holdings Bhd. | 23700 | 10607 |
|  | Hiap Teck Venture Bhd. | 111300 | 7225 |
|  # | Hibiscus Petroleum Bhd. | 92680 | 33317 |
|  | IGB Bhd. | 77974 | 49162 |
|  # | IJM Corp. Bhd. | 446400 | 235122 |
|  | IOI Properties Group Bhd. | 206749 | 87771 |
|  # | JAKS Resources Bhd. | 146300 | 3247 |
|  | Jaya Tiasa Holdings Bhd. | 64000 | 16320 |
|  | Kenanga Investment Bank Bhd. | 109500 | 22941 |
|  | Kerjaya Prospek Group Bhd. | 39895 | 18422 |
|  | Kretam Holdings Bhd. | 95800 | 11086 |
|  #\* | KSL Holdings Bhd. | 31100 | 11222 |
|  # | Lagenda Properties Bhd. | 36600 | 10019 |
|  | LBS Bina Group Bhd. | 94400 | 10937 |
|  # | Leong Hup International Bhd. | 162900 | 23594 |
|  | LPI Capital Bhd. | 4500 | 14957 |
|  # | Magnum Bhd. | 93230 | 26913 |
|  | Mah Sing Group Bhd. | 269500 | 73030 |
|  # | Malayan Flour Mills Bhd. | 156450 | 18296 |
|  # | Malaysia Smelting Corp. Bhd. | 40000 | 23015 |
|  # | Malaysian Pacific Industries Bhd. | 3900 | 16961 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |  |
|  | Malaysian Resources Corp. Bhd. | 243277 | $25985 |
|  | Matrix Concepts Holdings Bhd. | 150187 | 49504 |
|  | MBSB Bhd. | 394884 | 65498 |
|  # | Mega First Corp. Bhd. | 82000 | 75370 |
|  | Mi Technovation Bhd. | 28300 | 12225 |
|  # | MKH Bhd. | 42400 | 10042 |
|  | MKH Oil Palm East Kalimantan Bhd. | 6057 | 871 |
|  | MNRB Holdings Bhd. | 102843 | 48449 |
|  \* | Muhibbah Engineering M Bhd. | 82700 | 11737 |
|  †† | Nylex Malaysia Bhd. | 1285 | 13 |
|  | Pantech Group Holdings Bhd. | 54900 | 9294 |
|  # | Perak Transit Bhd. | 88200 | 14619 |
|  \* | Sapura Energy Bhd. | 1048700 | 9661 |
|  | Sarawak Oil Palms Bhd. | 68077 | 47708 |
|  | Scientex Bhd. | 103400 | 83846 |
|  | Sime Darby Bhd. | 258400 | 124530 |
|  # | Sime Darby Property Bhd. | 422900 | 121465 |
|  | SKP Resources Bhd. | 173700 | 35860 |
|  | SP Setia Bhd. Group | 277400 | 70647 |
|  # | Sports Toto Bhd. | 35496 | 11323 |
|  | Sunway Bhd. | 43500 | 45854 |
|  # | Syarikat Takaful Malaysia Keluarga Bhd. | 43444 | 35886 |
|  # | Ta Ann Holdings Bhd. | 39440 | 36410 |
|  #\* | Tropicana Corp. Bhd. | 116928 | 32059 |
|  # | TSH Resources Bhd. | 130600 | 33014 |
|  | UEM Sunrise Bhd. | 335500 | 55960 |
|  # | Unisem M Bhd. | 32200 | 14800 |
|  | United Malacca Bhd. | 15200 | 17787 |
|  # | UOA Development Bhd. | 187900 | 73288 |
|  | Velesto Energy Bhd. | 447600 | 16089 |
|  | VS Industry Bhd. | 372500 | 67894 |
|  \* | WCT Holdings Bhd. | 205400 | 31528 |
|  | Yinson Holdings Bhd. | 191126 | 82839 |
|  | YTL Corp. Bhd. | 68800 | 30598 |
|  TOTAL MALAYSIA | TOTAL MALAYSIA |  | 3351731 |
|  MEXICO — (0.5%) | MEXICO — (0.5%) |  |  |
|  | Alfa SAB de CV, Class A | 400171 | 290377 |
|  # | Alpek SAB de CV | 39241 | 19850 |
|  W | Banco del Bajio SA | 79104 | 189829 |
|  | Cemex SAB de CV (CEMEXCPO MM) | 33134 | 20495 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  MEXICO — (Continued) | MEXICO — (Continued) |  |  |
|  # | Cemex SAB de CV (CX US), Sponsored ADR | 161967 | $999336 |
|  \* | Cia Minera Autlan SAB de CV | 16424 | 4791 |
|  \* | Controladora Alpek SAB de CV | 400171 | 62850 |
|  \* | Controladora AXTEL SAB de CV | 346918 | 11287 |
|  \* | Controladora Vuela Cia de Aviacion SAB de CV (VOLARA MM), Class A | 18600 | 6943 |
|  | El Puerto de Liverpool SAB de CV, Class C1 | 13092 | 60291 |
|  | GCC SAB de CV | 9779 | 82169 |
|  | Genomma Lab Internacional SAB de CV, Class B | 78280 | 91491 |
|  | Gentera SAB de CV | 133929 | 233499 |
|  | Grupo Comercial Chedraui SA de CV | 21778 | 140682 |
|  | Grupo Herdez SAB de CV | 9591 | 27339 |
|  | Grupo Industrial Saltillo SAB de CV | 37531 | 34449 |
|  | Grupo Televisa SAB (TLEVICPO MM) | 209858 | 76407 |
|  #\*W | Grupo Traxion SAB de CV | 28600 | 24020 |
|  \* | Industrias CH SAB de CV | 34322 | 308033 |
|  | La Comer SAB de CV | 77002 | 144144 |
|  | Megacable Holdings SAB de CV | 63266 | 153886 |
|  \*W | Nemak SAB de CV | 144062 | 21010 |
|  \* | Ollamani SAB | 7281 | 17480 |
|  | Orbia Advance Corp. SAB de CV | 51626 | 34855 |
|  | Organizacion Cultiba SAB de CV | 58298 | 33295 |
|  \* | Organizacion Soriana SAB de CV, Class B | 12168 | 16133 |
|  | Promotora y Operadora de Infraestructura SAB de CV (PINFRA MM) | 18174 | 203356 |
|  | Regional SAB de CV | 20696 | 145533 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  MEXICO — (Continued) | MEXICO — (Continued) |  |  |
|  \* | Vista Energy SAB de CV (VIST US), ADR | 5814 | $262618 |
|  \* | Vitro SAB de CV | 19893 | 6954 |
|  TOTAL MEXICO | TOTAL MEXICO |  | 3723402 |
|  NETHERLANDS — (2.8%) | NETHERLANDS — (2.8%) |  |  |
|  | Aalberts NV | 16429 | 545552 |
|  W | ABN AMRO Bank NV | 112128 | 2323611 |
|  | Acomo NV | 5335 | 131120 |
|  | Aegon Ltd. (AGN NA) | 17511 | 112630 |
|  \* | AFC Ajax NV | 763 | 8661 |
|  | AMG Critical Materials NV | 3391 | 60439 |
|  | Ariston Holding NV | 5498 | 24792 |
|  | ASR Nederland NV | 41960 | 2647627 |
|  | Brembo NV | 22470 | 210110 |
|  | Brunel International NV | 3954 | 41711 |
|  | Cementir Holding NV | 12612 | 206781 |
|  | Corbion NV | 7342 | 157012 |
|  | COSMO Pharmaceuticals NV | 829 | 48077 |
|  | Flow Traders Ltd. | 5735 | 169806 |
|  | ForFarmers NV | 14165 | 67599 |
|  | Fugro NV | 34004 | 398786 |
|  | HAL Trust | 6760 | 889585 |
|  \* | Havas NV | 175700 | 292287 |
|  | Iveco Group NV | 53448 | 853884 |
|  | JDE Peet's NV | 23344 | 565133 |
|  W | Just Eat Takeaway.com NV (JET LN) | 9105 | 198453 |
|  \*W | Just Eat Takeaway.com NV (TKWY NA) | 15651 | 342524 |
|  | Koninklijke BAM Groep NV | 82068 | 555912 |
|  | Koninklijke Heijmans NV | 8210 | 420508 |
|  | Koninklijke Vopak NV | 17924 | 741169 |
|  | MFE-MediaForEurope NV (MFEA IM), Class A | 53594 | 194936 |
|  | MFE-MediaForEurope NV (MFEB IM), Class B | 17260 | 84001 |
|  | NN Group NV | 53635 | 3288919 |
|  | Pepco Group NV | 7716 | 36513 |
|  | Qiagen NV | 22945 | 980899 |
|  | Randstad NV | 14090 | 565568 |
|  | RHI Magnesita NV | 1599 | 66784 |
|  | SBM Offshore NV | 48024 | 1009660 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  NETHERLANDS — (Continued) | NETHERLANDS — (Continued) |  |  |
|  W | Signify NV | 22356 | $463419 |
|  | Sligro Food Group NV | 2681 | 36215 |
|  | Technip Energies NV | 25917 | 884395 |
|  | TKH Group NV | 4294 | 169657 |
|  | Van Lanschot Kempen NV | 10130 | 591465 |
|  TOTAL NETHERLANDS | TOTAL NETHERLANDS |  | 20386200 |
|  NEW ZEALAND — (0.2%) | NEW ZEALAND — (0.2%) |  |  |
|  | Air New Zealand Ltd. | 465056 | 160258 |
|  | Channel Infrastructure NZ Ltd. | 11138 | 12574 |
|  | Chorus Ltd. (CNU NZ) | 17563 | 82832 |
|  \* | Fletcher Building Ltd. (FBU NZ) | 125787 | 229025 |
|  | Genesis Energy Ltd. | 102364 | 133762 |
|  # | NZME Ltd. (NZM AU) | 28793 | 17870 |
|  \* | Oceania Healthcare Ltd. | 154673 | 59814 |
|  \* | Ryman Healthcare Ltd. | 149877 | 196586 |
|  | Sanford Ltd. | 17604 | 47888 |
|  | SKY Network Television Ltd. | 32394 | 47468 |
|  | SKYCITY Entertainment Group Ltd. | 172982 | 117445 |
|  | Steel & Tube Holdings Ltd. | 30627 | 13121 |
|  | Summerset Group Holdings Ltd. | 33711 | 215725 |
|  | TOWER Ltd. | 19158 | 15107 |
|  TOTAL NEW ZEALAND | TOTAL NEW ZEALAND |  | 1349475 |
|  NORWAY — (0.4%) | NORWAY — (0.4%) |  |  |
|  | 2020 Bulkers Ltd. | 2841 | 30365 |
|  \* | Akastor ASA | 37863 | 40741 |
|  | Aker Solutions ASA | 41151 | 111688 |
|  | AMSC ASA | 14100 | 36234 |
|  \* | Archer Ltd. | 6078 | 11961 |
|  | Austevoll Seafood ASA | 6807 | 64128 |
|  W | Avance Gas Holding Ltd. | 5803 | 2193 |
|  | Bonheur ASA | 3074 | 71180 |
|  #\* | BW Energy Ltd. | 12313 | 32213 |
|  | BW Offshore Ltd. | 27830 | 76271 |
|  \* | Cloudberry Clean Energy ASA | 50244 | 60087 |
|  | DNO ASA | 122377 | 139574 |
|  \* | DOF Group ASA | 1324 | 10383 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  NORWAY — (Continued) | NORWAY — (Continued) |  |  |
|  \*W | Elkem ASA | 50635 | $89071 |
|  \* | Endur ASA | 3678 | 29394 |
|  # | FLEX LNG Ltd. (FLNG NO) | 4605 | 111100 |
|  #\* | FLEX LNG Ltd. (FLNG US) | 1128 | 26609 |
|  | Golden Ocean Group Ltd. | 13161 | 101468 |
|  # | Grieg Seafood ASA | 9174 | 57887 |
|  \* | Hexagon Composites ASA | 14922 | 26908 |
|  # | Hoegh Autoliners ASA | 19525 | 157148 |
|  W | Klaveness Combination Carriers ASA | 5622 | 32641 |
|  #\* | Kongsberg Automotive ASA | 156129 | 20287 |
|  \* | LINK Mobility Group Holding ASA | 69094 | 162704 |
|  | Morrow Bank ASA | 17065 | 16476 |
|  | MPC Container Ships ASA | 65867 | 97401 |
|  | Odfjell Drilling Ltd. | 30393 | 158204 |
|  | Odfjell SE, Class A | 8358 | 78860 |
|  | Odfjell Technology Ltd. | 4141 | 16478 |
|  \* | OKEA ASA | 6978 | 10990 |
|  #W | Okeanis Eco Tankers Corp. | 158 | 3695 |
|  | Panoro Energy ASA | 18567 | 40586 |
|  | Pareto Bank ASA | 11899 | 84461 |
|  | Pexip Holding ASA | 15497 | 58903 |
|  | Rogaland Sparebank | 3712 | 45994 |
|  \*W | Scatec ASA | 13746 | 104905 |
|  | Sea1 offshore, Inc. | 8429 | 15945 |
|  | Selvaag Bolig ASA | 10789 | 36214 |
|  \*W | Shelf Drilling Ltd. | 18087 | 8197 |
|  #†† | Solstad Maritime Holding AS | 11109 | 8009 |
|  | Sparebank 1 Oestlandet | 7902 | 131597 |
|  | SpareBank 1 Sor-Norge ASA | 8113 | 129466 |
|  | Sparebanken More | 9555 | 91842 |
|  | Stolt-Nielsen Ltd. | 6022 | 135206 |
|  | TGS ASA | 10745 | 80137 |
|  | Wilh Wilhelmsen Holding ASA, Class A | 2782 | 103674 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  NORWAY — (Continued) | NORWAY — (Continued) |  |  |
|  | Wilh Wilhelmsen Holding ASA, Class B | 1108 | $40253 |
|  TOTAL NORWAY | TOTAL NORWAY |  | 2999728 |
|  PHILIPPINES — (0.1%) | PHILIPPINES — (0.1%) |  |  |
|  \* | 8990 Holdings, Inc. | 158000 | 24815 |
|  | Alliance Global Group, Inc. | 143900 | 15788 |
|  \* | Atlas Consolidated Mining & Development Corp. | 95100 | 7320 |
|  | Bloomberry Resorts Corp. | 579000 | 35368 |
|  | China Banking Corp. | 134000 | 218304 |
|  | Converge Information & Communications Technology Solutions, Inc. | 98600 | 33686 |
|  | DMCI Holdings, Inc. | 178300 | 33856 |
|  | DoubleDragon Corp. | 56800 | 9910 |
|  | First Philippine Holdings Corp. | 35390 | 37052 |
|  | Globe Telecom, Inc. | 1075 | 37357 |
|  | GT Capital Holdings, Inc. | 7355 | 64455 |
|  | JG Summit Holdings, Inc. | 50200 | 15254 |
|  | LT Group, Inc. | 216500 | 46076 |
|  | Megaworld Corp. | 1007000 | 32145 |
|  | Metropolitan Bank & Trust Co. | 25710 | 35419 |
|  | Petron Corp. | 425100 | 17879 |
|  | Philcomsat Holdings Corp. | 10942 | 20955 |
|  | Philippine National Bank | 15800 | 13583 |
|  \*†† | Phoenix Petroleum Philippines, Inc. | 68700 | 959 |
|  | Puregold Price Club, Inc. | 114200 | 65285 |
|  | RFM Corp. | 131000 | 9769 |
|  | Rizal Commercial Banking Corp. | 59520 | 27868 |
|  | Robinsons Land Corp. | 155731 | 32571 |
|  | Robinsons Retail Holdings, Inc. | 16900 | 11856 |
|  | San Miguel Corp. | 22540 | 31681 |
|  | Security Bank Corp. | 19090 | 22714 |
|  | Semirara Mining & Power Corp. | 49100 | 29896 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |  |  |
|  \* | Top Frontier Investment Holdings, Inc. | 3550 | $3493 |
|  | Universal Robina Corp. | 56490 | 83683 |
|  | Wilcon Depot, Inc. | 91500 | 11174 |
|  TOTAL PHILIPPINES | TOTAL PHILIPPINES |  | 1030171 |
|  POLAND — (0.3%) | POLAND — (0.3%) |  |  |
|  | AB SA | 2231 | 60210 |
|  | Alior Bank SA | 16093 | 436085 |
|  | Amica SA | 1011 | 16613 |
|  | Arctic Paper SA | 3286 | 13332 |
|  | ASBISc Enterprises PLC | 6848 | 47297 |
|  | Asseco Poland SA | 2196 | 90678 |
|  | Bank Handlowy w Warszawie SA | 4848 | 151206 |
|  \* | Bank Millennium SA | 30021 | 116133 |
|  \* | Bank Ochrony Srodowiska SA | 9806 | 29009 |
|  \* | Cognor Holding SA | 27036 | 53055 |
|  \* | Cyfrowy Polsat SA | 25886 | 126954 |
|  | Develia SA | 100947 | 200048 |
|  \* | Echo Investment SA | 21847 | 26726 |
|  \* | Enea SA | 47976 | 181572 |
|  \* | Fabryki Mebli Forte SA | 2722 | 18845 |
|  \* | Grupa Azoty SA | 6016 | 33010 |
|  | Inter Cars SA | 983 | 148477 |
|  | Lubelski Wegiel Bogdanka SA | 3428 | 19772 |
|  | Mirbud SA | 6182 | 23195 |
|  \* | PGE Polska Grupa Energetyczna SA | 120794 | 263828 |
|  \* | PKP Cargo SA | 7789 | 32848 |
|  \* | Tauron Polska Energia SA | 191826 | 301057 |
|  | Torpol SA | 2282 | 23943 |
|  | VRG SA | 30608 | 30014 |
|  | Warsaw Stock Exchange | 2325 | 29523 |
|  | Wawel SA | 24 | 3976 |
|  TOTAL POLAND | TOTAL POLAND |  | 2477406 |
|  PORTUGAL — (0.4%) | PORTUGAL — (0.4%) |  |  |
|  # | Altri SGPS SA | 21181 | 145749 |
|  | Banco Comercial Portugues SA, Class R | 2391538 | 1529624 |
|  | Corticeira Amorim SGPS SA | 10838 | 93624 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  PORTUGAL — (Continued) | PORTUGAL — (Continued) |  |  |
|  | Galp Energia SGPS SA | 16728 | $259180 |
|  | Ibersol SGPS SA | 4207 | 44344 |
|  # | Navigator Co. SA | 59410 | 225459 |
|  | NOS SGPS SA | 45734 | 190867 |
|  | Semapa-Sociedade de Investimento e Gestao | 3214 | 60242 |
|  | Sonae SGPS SA | 282551 | 358821 |
|  TOTAL PORTUGAL | TOTAL PORTUGAL |  | 2907910 |
|  QATAR — (0.2%) | QATAR — (0.2%) |  |  |
|  | Aamal Co. | 303573 | 69235 |
|  | Al Khaleej Takaful Group QSC | 19241 | 12637 |
|  | Baladna | 122538 | 40816 |
|  | Barwa Real Estate Co. | 475258 | 365726 |
|  | Commercial Bank PSQC | 139112 | 164469 |
|  | Doha Bank QPSC | 508944 | 330043 |
|  | Doha Insurance Co. QSC | 77894 | 52902 |
|  | Gulf International Services QSC | 37959 | 32150 |
|  | Gulf Warehousing Co. | 88650 | 71729 |
|  | Lesha Bank LLC | 82242 | 31284 |
|  \* | Mazaya Real Estate Development QPSC | 132516 | 21824 |
|  | Medicare Group | 23273 | 29244 |
|  | Qatar Aluminum Manufacturing Co. | 65130 | 22954 |
|  | Qatar Industrial Manufacturing Co. QSC | 45582 | 31522 |
|  | Qatar Insurance Co. SAQ | 218969 | 117071 |
|  | Qatar National Cement Co. QSC | 53035 | 49972 |
|  | Salam International Investment Ltd. QSC | 386377 | 70082 |
|  | United Development Co. QSC | 778832 | 220793 |
|  TOTAL QATAR | TOTAL QATAR |  | 1734453 |
|  RUSSIA — (0.0%) | RUSSIA — (0.0%) |  |  |
|  \*†† | Lenta International Co. PJSC, GDR | 3874 | 0 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  RUSSIA — (Continued) | RUSSIA — (Continued) |  |  |
|  \*†† | Magnitogorsk Iron & Steel Works PJSC (MMK LI), GDR | 22423 | $0 |
|  \*†† | RusHydro PJSC (RSHYY US), ADR | 154685 | 0 |
|  \*†† | VTB Bank PJSC (VTBR LI), GDR | 176858 | 0 |
|  SAUDI ARABIA — (0.9%) | SAUDI ARABIA — (0.9%) |  |  |
|  \* | Advanced Petrochemical Co. | 15624 | 125453 |
|  | Al Babtain Power & Telecommunication Co. | 12025 | 152191 |
|  | Al Hammadi Holding | 7000 | 74888 |
|  \* | Al Hassan Ghazi Ibrahim Shaker Co. | 8960 | 73642 |
|  | Al Jouf Agricultural Development Co. | 1477 | 18687 |
|  \* | Al Jouf Cement Co. | 19081 | 50240 |
|  \* | Al Khaleej Training & Education Co. | 6855 | 51091 |
|  | Al Yamamah Steel Industries Co. | 2314 | 21515 |
|  | Alaseel Co. | 16438 | 17642 |
|  | Al-Etihad Cooperative Insurance Co. | 6087 | 24643 |
|  | AlJazira Takaful Ta'awuni Co. | 10659 | 39860 |
|  \* | Allianz Saudi Fransi Cooperative Insurance Co. | 5158 | 23654 |
|  | Almarai Co. JSC | 1937 | 27285 |
|  \* | Alujain Corp. | 3985 | 39975 |
|  \* | Anaam International Holding Group Co. | 2278 | 10724 |
|  | Arab National Bank | 46978 | 269463 |
|  | Arabian Cement Co. | 5349 | 36249 |
|  | Arabian Drilling Co. | 357 | 8228 |
|  \* | Arabian Shield Cooperative Insurance Co. | 4080 | 19216 |
|  | Arriyadh Development Co. | 13704 | 125367 |
|  \* | ARTEX Industrial Investment Co. | 8897 | 31667 |
|  | Ataa Educational Co. | 1290 | 22870 |
|  \* | BAAN Holding Group Co. | 40855 | 23698 |
|  \* | Bank Al-Jazira | 116971 | 421632 |
|  | Banque Saudi Fransi | 13823 | 67710 |
|  \* | Batic Investments & Logistic Co. | 36189 | 22384 |
|  | Bawan Co. | 2144 | 31530 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |  |
|  \* | Chubb Arabia Cooperative Insurance Co. | 1651 | $18508 |
|  | City Cement Co. | 14087 | 76084 |
|  | Co. for Cooperative Insurance | 898 | 33291 |
|  \* | Dar Al Arkan Real Estate Development Co. | 166461 | 972141 |
|  | Eastern Province Cement Co. | 4731 | 42397 |
|  \* | Emaar Economic City | 9983 | 40507 |
|  | Etihad Etisalat Co. | 2405 | 40289 |
|  \* | Fitaihi Holding Group | 15542 | 16678 |
|  | Gulf Insurance Group | 6993 | 48324 |
|  | L'Azurde Co. for Jewelry | 8557 | 30110 |
|  \* | Malath Cooperative Insurance Co. | 2553 | 9461 |
|  \* | Mediterranean & Gulf Cooperative Insurance & Reinsurance Co. | 10737 | 64177 |
|  \* | Middle East Healthcare Co. | 1322 | 24544 |
|  \* | Middle East Paper Co. | 3374 | 25143 |
|  \* | Middle East Specialized Cables Co. | 6218 | 58843 |
|  | Mobile Telecommunications Co. Saudi Arabia | 52792 | 179660 |
|  \* | Najran Cement Co. | 24476 | 55252 |
|  \* | National Agriculture Development Co. | 15118 | 89722 |
|  | National Co. for Glass Industries | 5492 | 66568 |
|  \* | National Gypsum | 2077 | 11418 |
|  \* | National Industrialization Co. | 4675 | 11517 |
|  | Northern Region Cement Co. | 35051 | 80788 |
|  | Qassim Cement Co. | 5254 | 73980 |
|  \* | Rabigh Refining & Petrochemical Co. | 48507 | 92104 |
|  | Sahara International Petrochemical Co. | 22374 | 113415 |
|  | Saudi Aramco Base Oil Co. | 5015 | 132849 |
|  | Saudi Automotive Services Co. | 2062 | 36335 |
|  | Saudi Cement Co. | 7552 | 92686 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |  |
|  \* | Saudi Ceramic Co. | 7838 | $58876 |
|  \* | Saudi Chemical Co. Holding | 136990 | 309982 |
|  | Saudi Industrial Investment Group | 8017 | 32336 |
|  | Saudi Investment Bank | 59760 | 240094 |
|  \* | Saudi Kayan Petrochemical Co. | 92582 | 142443 |
|  \* | Saudi Marketing Co. | 7095 | 38776 |
|  \* | Saudi Pharmaceutical Industries & Medical Appliances Corp. | 8469 | 57575 |
|  \* | Saudi Printing & Packaging Co. | 7870 | 25677 |
|  \* | Saudi Public Transport Co. | 15796 | 69260 |
|  \* | Saudi Reinsurance Co. | 14082 | 185842 |
|  | Saudi Steel Pipe Co. | 2289 | 33753 |
|  \* | Savola Group | 14657 | 122455 |
|  \* | Seera Group Holding | 45531 | 297227 |
|  \* | Sinad Holding Co. | 15976 | 50021 |
|  | Southern Province Cement Co. | 3131 | 25931 |
|  | Sustained Infrastructure Holding Co. | 13171 | 104230 |
|  | Tabuk Cement Co. | 16107 | 53049 |
|  | Tanmiah Food Co. | 688 | 19464 |
|  \* | Umm Al-Qura Cement Co. | 8146 | 39086 |
|  | United International Transportation Co. | 7431 | 146443 |
|  | United Wire Factories Co. | 1607 | 10716 |
|  \* | Walaa Cooperative Insurance Co. | 11896 | 60318 |
|  | Yamama Cement Co. | 27139 | 263334 |
|  | Yanbu Cement Co. | 20195 | 117491 |
|  | Zahrat Al Waha For Trading Co. | 2122 | 17010 |
|  TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA |  | 6889684 |
|  SINGAPORE — (0.7%) | SINGAPORE — (0.7%) |  |  |
|  \* | AEM Holdings Ltd. | 49600 | 44921 |
|  \* | AustAsia Group Ltd. | 32320 | 6668 |
|  W | BOC Aviation Ltd. | 44800 | 335748 |
|  | BRC Asia Ltd. | 17700 | 43089 |
|  | Bukit Sembawang Estates Ltd. | 32900 | 89172 |
|  W | BW LPG Ltd. | 25951 | 260692 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) |  |  |
|  | China Aviation Oil Singapore Corp. Ltd. | 94800 | $61714 |
|  | China XLX Fertiliser Ltd. | 112000 | 64459 |
|  | City Developments Ltd. | 99300 | 378089 |
|  \* | COSCO Shipping International Singapore Co. Ltd. | 195200 | 18691 |
|  | CSE Global Ltd. | 147098 | 47153 |
|  | Delfi Ltd. | 26800 | 14794 |
|  \*†† | Ezion Holdings Ltd. | 1083800 | 0 |
|  #\*†† Ezra Holdings Ltd. | #\*†† Ezra Holdings Ltd. | 468200 | 0 |
|  | Far East Orchard Ltd. | 64355 | 50184 |
|  | First Resources Ltd. | 123200 | 142540 |
|  | Frasers Property Ltd. | 71200 | 44466 |
|  | Frencken Group Ltd. | 48000 | 37286 |
|  # | Genting Singapore Ltd. | 399900 | 226770 |
|  | Geo Energy Resources Ltd. | 59900 | 16312 |
|  | Golden Agri-Resources Ltd. | 1767100 | 324832 |
|  | GuocoLand Ltd. | 68600 | 74057 |
|  | Ho Bee Land Ltd. | 50700 | 69857 |
|  | Hong Fok Corp. Ltd. | 106790 | 60084 |
|  | Hong Leong Asia Ltd. | 61800 | 51680 |
|  | Hongkong Land Holdings Ltd. | 47400 | 231976 |
|  | Hotel Grand Central Ltd. | 35281 | 18761 |
|  | Hutchison Port Holdings Trust | 1140600 | 169802 |
|  \*†† | Hyflux Ltd. | 124600 | 0 |
|  | Indofood Agri Resources Ltd. | 57000 | 13735 |
|  | ISDN Holdings Ltd. | 969 | 234 |
|  | Kenon Holdings Ltd. | 3347 | 103057 |
|  | Mandarin Oriental International Ltd. | 67600 | 121849 |
|  | Marco Polo Marine Ltd. | 1031800 | 33287 |
|  | Mewah International, Inc. | 86100 | 16010 |
|  \*†† | Midas Holdings Ltd. | 343400 | 0 |
|  | Nanofilm Technologies International Ltd. | 51300 | 20657 |
|  | Netlink NBN Trust | 362700 | 254009 |
|  | Olam Group Ltd. | 147620 | 109273 |
|  | OUE Ltd. | 54100 | 38935 |
|  \* | Oxley Holdings Ltd. | 261197 | 13534 |
|  | QAF Ltd. | 53800 | 34407 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) |  |  |
|  \* | Rex International Holding Ltd. | 130100 | $11873 |
|  \* | Seatrium Ltd. | 25300 | 37154 |
|  | SIA Engineering Co. Ltd. | 7300 | 12522 |
|  | SIIC Environment Holdings Ltd. (807 HK) | 64000 | 7924 |
|  | SIIC Environment Holdings Ltd. (SIIC SP) | 349300 | 43172 |
|  | Singapore Land Group Ltd. | 50200 | 76988 |
|  | Straits Trading Co. Ltd. | 21500 | 23561 |
|  \*†† | Swiber Holdings Ltd. | 92600 | 0 |
|  | Tai Sin Electric Ltd. | 34116 | 10479 |
|  | Tiong Woon Corp. Holding Ltd. | 30600 | 13621 |
|  | Tuan Sing Holdings Ltd. | 218027 | 41724 |
|  | UOB-Kay Hian Holdings Ltd. | 104602 | 144397 |
|  | UOL Group Ltd. | 99200 | 438829 |
|  | Venture Corp. Ltd. | 22100 | 196182 |
|  | Wee Hur Holdings Ltd. | 122400 | 49170 |
|  | Wing Tai Holdings Ltd. | 107000 | 95836 |
|  TOTAL SINGAPORE | TOTAL SINGAPORE | TOTAL SINGAPORE | 4846216 |
|  SOUTH AFRICA — (0.8%) | SOUTH AFRICA — (0.8%) |  |  |
|  | Adcock Ingram Holdings Ltd. | 5338 | 14093 |
|  | AECI Ltd. | 1394 | 7692 |
|  | African Rainbow Minerals Ltd. | 17035 | 142830 |
|  | Altron Ltd., Class A | 34495 | 37737 |
|  | Aspen Pharmacare Holdings Ltd. | 43111 | 283088 |
|  | Astral Foods Ltd. | 2971 | 27629 |
|  | Barloworld Ltd. | 34363 | 200156 |
|  | Curro Holdings Ltd. | 38676 | 18589 |
|  | DataTec Ltd. | 70998 | 220974 |
|  | DRDGOLD Ltd. (DRD US),<br>Sponsored ADR | 4333 | 64562 |
|  | Exxaro Resources Ltd. | 15190 | 124358 |
|  | Foschini Group Ltd. | 53808 | 374891 |
|  | Grindrod Ltd. | 132590 | 82741 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |  |  |
|  | Harmony Gold Mining Co. Ltd. (HMY US), Sponsored ADR | 38339 | $609973 |
|  | Hudaco Industries Ltd. | 3075 | 30935 |
|  \* | Impala Platinum Holdings Ltd. | 83121 | 494331 |
|  | Invicta Holdings Ltd. | 8097 | 14062 |
|  \* | KAP Ltd. | 422815 | 63294 |
|  | Lewis Group Ltd. | 12017 | 44171 |
|  | Life Healthcare Group Holdings Ltd. | 132497 | 104382 |
|  | Momentum Group Ltd. | 241665 | 442305 |
|  | Motus Holdings Ltd. | 23757 | 111283 |
|  | Mpact Ltd. | 23171 | 33663 |
|  | Netcare Ltd. | 133954 | 98427 |
|  | Northam Platinum Holdings Ltd. | 37759 | 253445 |
|  \* | Nutun Ltd. | 105237 | 10465 |
|  | Oceana Group Ltd. | 15360 | 48590 |
|  | Old Mutual Ltd. (OMU SJ) | 968120 | 590711 |
|  | Omnia Holdings Ltd. | 29209 | 107642 |
|  W | Pepkor Holdings Ltd. | 80263 | 116190 |
|  | PPC Ltd. | 380330 | 95153 |
|  | Raubex Group Ltd. | 28364 | 67297 |
|  | RCL Foods Ltd. | 33526 | 17136 |
|  | Reunert Ltd. | 18590 | 61894 |
|  | Sappi Ltd. | 86382 | 161973 |
|  \* | Sasol Ltd. (SOL SJ) | 70569 | 243750 |
|  \* | Sibanye Stillwater Ltd. (SBSW US), ADR | 33192 | 154343 |
|  \* | Sibanye Stillwater Ltd. (SSW SJ) | 28613 | 32690 |
|  | Southern Sun Ltd. | 161714 | 71852 |
|  \* | SPAR Group Ltd. | 2912 | 17944 |
|  # | Super Group Ltd. | 54652 | 84888 |
|  \* | Telkom SA SOC Ltd. | 62873 | 133180 |
|  | Thungela Resources Ltd. (TGA SJ) | 2079 | 10343 |
|  | Tsogo Sun Ltd. | 44083 | 19587 |
|  | We Buy Cars Holdings Ltd. | 34389 | 79817 |
|  TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA |  | 6025056 |
|  SOUTH KOREA — (2.8%) | SOUTH KOREA — (2.8%) |  |  |
|  | ABOV Semiconductor Co. Ltd. | 1770 | 12530 |
|  | Advanced Process Systems Corp. | 1767 | 21181 |
|  | Aekyung Chemical Co. Ltd. | 2784 | 22438 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Aekyung Industrial Co. Ltd. | 869 | $8319 |
|  \* | Air Busan Co. Ltd. | 7825 | 11295 |
|  | AJ Networks Co. Ltd. | 5387 | 14047 |
|  | Ajin Industrial Co. Ltd. | 10506 | 21812 |
|  | AK Holdings, Inc. | 849 | 6436 |
|  \* | ALUKO Co. Ltd. | 7369 | 10987 |
|  \* | Ananti, Inc. | 9044 | 43038 |
|  | Asia Cement Co. Ltd. | 3780 | 29248 |
|  | ASIA Holdings Co. Ltd. | 317 | 58175 |
|  | Asia Paper Manufacturing Co. Ltd. | 5170 | 25129 |
|  | Avaco Co. Ltd. | 2188 | 20229 |
|  | Avatec Co. Ltd. | 1523 | 8711 |
|  | Baiksan Co. Ltd. | 1801 | 18012 |
|  | BGF retail Co. Ltd. | 1089 | 82291 |
|  | BH Co. Ltd. | 3588 | 31086 |
|  \* | Binex Co. Ltd. | 2177 | 23770 |
|  | Binggrae Co. Ltd. | 782 | 51970 |
|  | BIT Computer Co. Ltd. | 4816 | 17965 |
|  \* | BNC Korea Co. Ltd. | 11690 | 34166 |
|  | BNK Financial Group, Inc. | 48165 | 351076 |
|  | Bookook Securities Co. Ltd. | 475 | 9168 |
|  | Boryung | 6086 | 36248 |
|  | BYC Co. Ltd. | 480 | 9568 |
|  | Byucksan Corp. | 5851 | 10065 |
|  | C&G Hi Tech Co. Ltd. | 996 | 9146 |
|  \* | Cafe24 Corp. | 1506 | 63512 |
|  | Cheil Worldwide, Inc.. | 8716 | 113757 |
|  | Chemtronics Co. Ltd. | 1536 | 24027 |
|  \* | ChinHung International, Inc. | 10381 | 5669 |
|  | Chong Kun Dang Pharmaceutical Corp. | 1081 | 61887 |
|  \* | Chorokbaem Media Co. Ltd. | 3908 | 13512 |
|  \* | CJ CGV Co. Ltd. | 7678 | 26252 |
|  | CJ Corp. | 2180 | 190562 |
|  \* | CJ ENM Co. Ltd. | 2415 | 105040 |
|  | CJ Logistics Corp. | 1398 | 81554 |
|  \* | CJ Seafood Corp. | 2153 | 4760 |
|  | CLIO Cosmetics Co. Ltd. | 1640 | 20792 |
|  \* | CMG Pharmaceutical Co. Ltd. | 13602 | 23610 |
|  \* | Com2uS Holdings Corp. | 1084 | 15155 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Cosmecca Korea Co. Ltd. | 429 | $13046 |
|  | Coway Co. Ltd. | 8915 | 548901 |
|  | Cowintech Co. Ltd. | 1119 | 10175 |
|  | CS Wind Corp. | 2920 | 79710 |
|  \* | Cube Entertainment, Inc. | 941 | 13014 |
|  | Cuckoo Homesys Co. Ltd. | 1161 | 18602 |
|  | D.I Corp. | 2380 | 23485 |
|  \* | Daea TI Co. Ltd. | 5763 | 16560 |
|  \* | Daechang Co. Ltd. | 18702 | 17248 |
|  | Daedong Corp. | 2582 | 18686 |
|  | Daeduck Electronics Co. Ltd. | 5657 | 55533 |
|  \* | Dae-Il Corp. | 6373 | 21046 |
|  | Daesang Corp. | 3347 | 56256 |
|  | Daesang Holdings Co. Ltd. | 3109 | 23292 |
|  | Daewon Pharmaceutical Co. Ltd. | 3345 | 32462 |
|  \* | Daewoo Engineering & Construction Co. Ltd. | 28171 | 70285 |
|  | Daewoong Co. Ltd. | 2067 | 29501 |
|  | Daewoong Pharmaceutical Co. Ltd. | 285 | 27695 |
|  | Daishin Securities Co. Ltd. | 6759 | 85131 |
|  | Daol Investment & Securities Co. Ltd. | 7941 | 18933 |
|  \* | Dawonsys Co. Ltd. | 6006 | 36465 |
|  | DB HiTek Co. Ltd. | 4535 | 122595 |
|  | DB Insurance Co. Ltd. | 8867 | 571259 |
|  | DB Securities Co. Ltd. | 6876 | 30750 |
|  | Dentium Co. Ltd. | 1251 | 64211 |
|  | DI Dong Il Corp. | 2657 | 77296 |
|  \* | DIO Corp. | 1572 | 21524 |
|  \* | DK Tech Co. Ltd. | 3048 | 15351 |
|  | DL Holdings Co. Ltd. | 2393 | 54696 |
|  | DMS Co. Ltd. | 2630 | 11712 |
|  | DN Automotive Corp. | 3206 | 46427 |
|  | Dong-A Socio Holdings Co. Ltd. | 538 | 39096 |
|  | Dong-A ST Co. Ltd. | 1270 | 42975 |
|  | Dongbang Transport Logistics Co. Ltd. | 12138 | 20342 |
|  # | Dongjin Semichem Co. Ltd. | 5245 | 107394 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Dongkoo Bio & Pharma Co. Ltd. | 3053 | $11635 |
|  | DongKook Pharmaceutical Co. Ltd. | 5523 | 59001 |
|  | Dongkuk Holdings Co. Ltd. | 4364 | 22113 |
|  | Dongkuk Industries Co. Ltd. | 6108 | 16055 |
|  | Dongkuk Steel Mill Co. Ltd. | 7529 | 48565 |
|  | Dongsuh Cos., Inc. | 4204 | 76995 |
|  | Dongsung Chemical Co. Ltd. | 6423 | 18592 |
|  \* | Dongwha Enterprise Co. Ltd. | 1649 | 9857 |
|  | Dongwha Pharm Co. Ltd. | 2421 | 10699 |
|  | Dongwon F&B Co. Ltd. | 1387 | 35962 |
|  | Dongwon Systems Corp. | 342 | 7861 |
|  | Doosan Bobcat, Inc. | 8043 | 276523 |
|  | Doosan Co. Ltd. | 263 | 55947 |
|  | Doosan Tesna, Inc. | 1849 | 32831 |
|  \* | Duksan Techopia Co. Ltd. | 716 | 11228 |
|  | Duksung Co. Ltd. | 3494 | 15388 |
|  | Easy Holdings Co. Ltd. | 12035 | 29055 |
|  | Echo Marketing, Inc. | 4758 | 27789 |
|  | Ecoplastic Corp. | 7240 | 15181 |
|  | E-MART, Inc. | 3621 | 232951 |
|  | ENF Technology Co. Ltd. | 1609 | 27952 |
|  | Eugene Investment & Securities Co. Ltd. | 6140 | 11967 |
|  \* | EV Advanced Material Co. Ltd. | 8014 | 8126 |
|  \* | Exem Co. Ltd. | 7324 | 11100 |
|  | F&F Co. Ltd. | 1043 | 51788 |
|  | F&F Holdings Co. Ltd. | 817 | 7269 |
|  \* | Fine M-Tec Co. Ltd. | 2436 | 9060 |
|  \* | Foosung Co. Ltd. | 7356 | 22684 |
|  | Galaxia Moneytree Co. Ltd. | 2769 | 16288 |
|  \* | GC Cell Corp. | 1925 | 27918 |
|  \* | Genexine, Inc. | 1018 | 3282 |
|  | Global Standard Technology Co. Ltd. | 1282 | 15471 |
|  \* | GnBS eco Co. Ltd. | 4039 | 9946 |
|  | GnCenergy Co. Ltd. | 3838 | 61446 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | GOLFZON Co. Ltd. | 834 | $38463 |
|  | Green Chemical Co. Ltd. | 1815 | 10230 |
|  | Green Cross Corp. | 662 | 57767 |
|  | Green Cross Holdings Corp. | 3265 | 32137 |
|  | GS Engineering & Construction Corp. | 13682 | 175881 |
|  | GS Global Corp. | 6794 | 12254 |
|  | GS Holdings Corp. (078930 KS) | 5217 | 141856 |
|  \* | GS P&L Co. Ltd. | 1151 | 17127 |
|  | GS Retail Co. Ltd. | 4854 | 50516 |
|  | HAESUNG DS Co. Ltd. | 1626 | 26428 |
|  | Han Kuk Carbon Co. Ltd. | 5432 | 74239 |
|  | Hancom, Inc. | 2875 | 43279 |
|  | Handsome Co. Ltd. | 912 | 9921 |
|  | Hanil Cement Co. Ltd. | 3382 | 42658 |
|  | Hanil Holdings Co. Ltd. | 1102 | 11480 |
|  | Hanil Hyundai Cement Co. Ltd. | 847 | 9387 |
|  | Hanjin Transportation Co. Ltd. | 1377 | 18555 |
|  | HanmiGlobal Co. Ltd. | 1348 | 15219 |
|  | Hannong Chemicals, Inc. | 950 | 9972 |
|  \* | Hanon Systems | 21138 | 52970 |
|  | Hansae Co. Ltd. | 1624 | 12753 |
|  | Hansol Chemical Co. Ltd. | 1224 | 99739 |
|  \* | Hansol IONES Co. Ltd. | 1526 | 8295 |
|  | Hanwha Corp. | 6434 | 218221 |
|  \* | Hanwha Galleria Corp. | 17598 | 14799 |
|  | Hanwha General Insurance Co. Ltd. | 12669 | 36322 |
|  \* | Hanwha Investment & Securities Co. Ltd. | 30496 | 73749 |
|  \* | Hanwha Life Insurance Co. Ltd. | 35312 | 65870 |
|  \* | Hanyang Digitech Co. Ltd. | 960 | 6583 |
|  | Hanyang Securities Co. Ltd. | 2469 | 23243 |
|  \* | Harim Co. Ltd. | 8073 | 17371 |
|  | Harim Holdings Co. Ltd. | 7644 | 32140 |
|  | HB SOLUTION Co. Ltd. | 14867 | 25457 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | HD Hyundai Co. Ltd. | 6975 | $385753 |
|  | HD Hyundai Construction Equipment Co. Ltd. | 2387 | 113668 |
|  | HD Hyundai Infracore Co. Ltd. | 23557 | 136852 |
|  | HDC Holdings Co. Ltd. | 3891 | 52601 |
|  | HDC Hyundai Development Co-Engineering & Construction | 7070 | 123702 |
|  \* | HD-Hyundai Marine Engine | 2969 | 77236 |
|  | High Tech Pharm Co. Ltd. | 1055 | 9869 |
|  | Hite Jinro Co. Ltd. | 5909 | 80351 |
|  \* | HJ Shipbuilding & Construction Co. Ltd. | 2272 | 12568 |
|  | HK inno N Corp. | 1970 | 55855 |
|  | HL Holdings Corp. | 1220 | 31412 |
|  | HL Mando Co. Ltd. | 5373 | 140980 |
|  | Home Center Holdings Co. Ltd. | 14297 | 8376 |
|  \* | Hotel Shilla Co. Ltd. | 853 | 26351 |
|  | HS Hyosung Advanced Materials Corp. | 394 | 49277 |
|  \* | HS Hyosung Corp. | 139 | 3997 |
|  | HS Industries Co. Ltd. | 7829 | 25839 |
|  | Huons Co. Ltd. | 603 | 10739 |
|  | Huvitz Co. Ltd. | 1199 | 6316 |
|  | Hwa Shin Co. Ltd. | 3952 | 21911 |
|  | Hwaseung Enterprise Co. Ltd. | 3601 | 19652 |
|  | Hyosung Corp. | 1079 | 40284 |
|  | Hyosung Heavy Industries Corp. | 158 | 54648 |
|  | Hyosung TNC Corp. | 314 | 52526 |
|  | Hyundai Bioland Co. Ltd. | 2562 | 7782 |
|  | Hyundai BNG Steel Co. Ltd. | 2003 | 17192 |
|  | Hyundai Department Store Co. Ltd. | 2152 | 90400 |
|  | Hyundai Elevator Co. Ltd. | 1471 | 76369 |
|  | HYUNDAI EVERDIGM Corp. | 3603 | 21705 |
|  | Hyundai Ezwel Co. Ltd. | 2072 | 7727 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Hyundai Glovis Co. Ltd. | 5334 | $427690 |
|  | Hyundai Green Food | 3218 | 35224 |
|  \* | Hyundai Marine & Fire Insurance Co. Ltd. | 1920 | 30042 |
|  | Hyundai Motor Securities Co. Ltd. | 3548 | 16310 |
|  | Hyundai Pharmaceutical Co. Ltd. | 3392 | 8076 |
|  | Hyundai Steel Co. | 13805 | 237658 |
|  # | Hyundai Wia Corp. | 2807 | 84480 |
|  | HyVision System, Inc. | 2537 | 28297 |
|  | Iljin Electric Co. Ltd. | 2479 | 44053 |
|  | Iljin Holdings Co. Ltd. | 6410 | 17226 |
|  | iM Financial Group Co. Ltd. | 19752 | 142814 |
|  | InBody Co. Ltd. | 2711 | 46053 |
|  | Incross Co. Ltd. | 1224 | 6266 |
|  | Innocean Worldwide, Inc. | 3148 | 40347 |
|  | Innox Advanced Materials Co. Ltd. | 1715 | 27538 |
|  \* | Interflex Co. Ltd. | 3002 | 17662 |
|  | Inzi Controls Co. Ltd. | 1401 | 5804 |
|  | IS Dongseo Co. Ltd. | 2758 | 35185 |
|  | i-SENS, Inc. | 2742 | 31607 |
|  \* | ITEK, Inc. | 2437 | 9916 |
|  \* | Jahwa Electronics Co. Ltd. | 1599 | 13402 |
|  | JB Financial Group Co. Ltd. | 21369 | 256749 |
|  \* | Jeju Air Co. Ltd. | 2131 | 10043 |
|  | Jinsung T.E.C | 2323 | 14736 |
|  | JLS Co. Ltd. | 1761 | 7207 |
|  \* | JoyCity Corp. | 6422 | 7411 |
|  | Jungdawn Co. Ltd. | 5533 | 10685 |
|  | JVM Co. Ltd. | 697 | 11362 |
|  | JW Life Science Corp. | 891 | 7203 |
|  | K Ensol Co. Ltd. | 1551 | 12677 |
|  \* | Kakao Games Corp. | 7606 | 75957 |
|  \*†† | Kanglim Co. Ltd. | 3180 | 2537 |
|  | Kangnam Jevisco Co. Ltd. | 2086 | 17419 |
|  | KC Tech Co. Ltd. | 1618 | 29820 |
|  | KCC Glass Corp. | 1820 | 40988 |
|  | KCTC | 3235 | 8715 |
|  \* | KEC Corp. | 17780 | 9171 |
|  | KEPCO Plant Service & Engineering Co. Ltd. | 2257 | 69724 |
|  | KG Dongbusteel | 4741 | 19760 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | KG Eco Solution Co. Ltd. | 2758 | $10687 |
|  \* | KG Mobility Co. | 10255 | 23518 |
|  | KISWIRE Ltd. | 914 | 11126 |
|  | KIWOOM Securities Co. Ltd. | 2898 | 278670 |
|  \* | KNJ Co. Ltd. | 1623 | 18045 |
|  | Kolmar Korea Co. Ltd. | 692 | 36982 |
|  | Kolon Corp. | 1033 | 16965 |
|  | Kolon Industries, Inc. | 1397 | 29643 |
|  \* | Korea Circuit Co. Ltd. | 2209 | 15763 |
|  | Korea Electric Terminal Co. Ltd. | 1169 | 52995 |
|  | Korea Export Packaging Industrial Co. Ltd. | 6450 | 12683 |
|  \* | Korea Information & Communications Co. Ltd. | 4185 | 22777 |
|  | Korea Information Certificate Authority, Inc. | 4422 | 13667 |
|  | Korea Investment Holdings Co. Ltd. | 6779 | 395792 |
|  \* | Korea Line Corp. | 23329 | 24961 |
|  | Korea Movenex Co. Ltd. | 7905 | 21886 |
|  | Korea Parts & Fasteners Co. Ltd. | 2367 | 6739 |
|  | Korea Petrochemical Ind Co. Ltd. | 588 | 34762 |
|  | Korea Petroleum Industries Co. | 1527 | 13904 |
|  | Korean Air Lines Co. Ltd. | 26184 | 386027 |
|  | Korean Reinsurance Co. | 24325 | 138467 |
|  | KTCS Corp. | 8880 | 17271 |
|  | Kukdong Oil & Chemicals Co. Ltd. | 7243 | 17549 |
|  | Kumho Petrochemical Co. Ltd. | 3102 | 259549 |
|  \* | Kumho Tire Co., Inc. | 21150 | 71586 |
|  | Kwang Dong Pharmaceutical Co. Ltd. | 5932 | 22875 |
|  | Kyung Dong Navien Co. Ltd. | 642 | 32858 |
|  \* | LB Semicon, Inc. | 7710 | 18210 |
|  | Lee Ku Industrial Co. Ltd. | 5991 | 17919 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  \* | LG Display Co. Ltd. (034220 KS) | 48814 | $289999 |
|  \* | LG HelloVision Co. Ltd. | 5198 | 9631 |
|  | LG Innotek Co. Ltd. | 2258 | 221955 |
|  | LG Uplus Corp. | 36370 | 307093 |
|  \* | LOT Vacuum Co. Ltd. | 1800 | 11082 |
|  | Lotte Corp. | 4691 | 74418 |
|  \* | Lotte Data Communication Co. | 525 | 6944 |
|  \* | Lotte Energy Materials Corp. | 1950 | 31102 |
|  \* | Lotte Non-Life Insurance Co. Ltd. | 17130 | 20756 |
|  | Lotte Rental Co. Ltd. | 1787 | 36931 |
|  | Lotte Shopping Co. Ltd. | 1992 | 94527 |
|  | Lotte Wellfood Co. Ltd. | 414 | 34502 |
|  | LS Corp. | 3658 | 338882 |
|  | LS Electric Co. Ltd. | 281 | 40585 |
|  \* | LVMC Holdings | 16746 | 20571 |
|  | LX Hausys Ltd. | 1029 | 20879 |
|  | LX International Corp. | 6246 | 116492 |
|  | LX Semicon Co. Ltd. | 1264 | 48108 |
|  | Maeil Dairies Co. Ltd. | 326 | 8454 |
|  | Mcnex Co. Ltd. | 1098 | 18500 |
|  | MegaStudyEdu Co. Ltd. | 783 | 26410 |
|  | META BIOMED Co. Ltd. | 6382 | 20613 |
|  \* | Mirae Asset Life Insurance Co. Ltd. | 13834 | 52857 |
|  | Mirae Asset Securities Co. Ltd. | 14906 | 123903 |
|  | Misto Holdings Corp. | 3607 | 93797 |
|  | Miwon Holdings Co. Ltd. | 98 | 5116 |
|  \* | Mobase Electronics Co. Ltd. | 5612 | 5915 |
|  \* | MONAYONGPYONG | 3397 | 10587 |
|  | Motrex Co. Ltd. | 2198 | 13258 |
|  \* | MS Autotech Co. Ltd. | 6134 | 10058 |
|  | Multicampus Co. Ltd. | 168 | 3854 |
|  | Myoung Shin Industrial Co. Ltd. | 4313 | 25352 |
|  | Namhae Chemical Corp. | 2446 | 11729 |
|  | Namuga Co. Ltd. | 1187 | 10764 |
|  | Namyang Dairy Products Co. Ltd. | 660 | 35329 |
|  \* | Nature & Environment Co. Ltd. | 33861 | 18036 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Nature Holdings Co. Ltd. | 1365 | $9653 |
|  \* | Neowiz | 1377 | 22639 |
|  \* | Nepes Ark Corp. | 1076 | 7974 |
|  \* | Neptune Co. | 5292 | 27388 |
|  W | Netmarble Corp. | 5008 | 157531 |
|  | New Power Plasma Co. Ltd. | 7873 | 25654 |
|  | Nexen Tire Corp. | 4155 | 15783 |
|  | NH Investment & Securities Co. Ltd. | 19257 | 208185 |
|  | NHN KCP Corp. | 2820 | 15281 |
|  | NICE Holdings Co. Ltd. | 1259 | 9967 |
|  | Nong Shim Holdings Co. Ltd. | 222 | 10481 |
|  | NongShim Co. Ltd. | 551 | 156156 |
|  | NOROO Paint & Coatings Co. Ltd. | 1641 | 9587 |
|  | NOVAREX Co. Ltd. | 2404 | 17265 |
|  | Novatech Co. Ltd. | 993 | 13130 |
|  | OCI Co. Ltd. | 523 | 20284 |
|  # | OCI Holdings Co. Ltd. | 2440 | 111124 |
|  | ONEJOON Co. Ltd. | 1256 | 7999 |
|  | Openbase, Inc. | 3762 | 6851 |
|  # | Orion Corp. | 3391 | 293928 |
|  | Otoki Corp. | 230 | 64780 |
|  \* | Paik Kwang Industrial Co. Ltd. | 5088 | 23322 |
|  | Pan Ocean Co. Ltd. | 36466 | 85806 |
|  | Paradise Co. Ltd. | 6294 | 54832 |
|  | Partron Co. Ltd. | 7264 | 35099 |
|  \* | PharmGen Science, Inc. | 3111 | 8783 |
|  \* | Philoptics Co. Ltd. | 1672 | 35927 |
|  \* | Polaris AI Pharma Corp. | 2011 | 8298 |
|  | Pond Group Co. Ltd. | 1568 | 6626 |
|  | Poongsan Corp. | 3189 | 133150 |
|  \* | Power Logics Co. Ltd. | 2279 | 7425 |
|  | Protec Co. Ltd. | 1088 | 18351 |
|  | PSK, Inc. | 2678 | 33592 |
|  | RFHIC Corp. | 2007 | 21813 |
|  \* | RFTech Co. Ltd. | 4136 | 10821 |
|  | Rorze Systems Corp. | 2569 | 26379 |
|  | S-1 Corp. | 2716 | 121053 |
|  | Sajodaerim Corp. | 742 | 19861 |
|  | Sajodongaone Co. Ltd. | 25293 | 18903 |
|  | Sam-A Aluminum Co. Ltd. | 844 | 14940 |
|  | Sambo Motors Co. Ltd. | 2461 | 7080 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | SAMHWA Paints Industrial Co. Ltd. | 1739 | $7340 |
|  \* | Samil Pharmaceutical Co. Ltd. | 2119 | 19492 |
|  | Samji Electronics Co. Ltd. | 2577 | 18994 |
|  | Sammok S-Form Co. Ltd. | 803 | 11880 |
|  | Samsung Engineering Co. Ltd. | 14287 | 193180 |
|  | Samsung Securities Co. Ltd. | 11474 | 420597 |
|  | SAMT Co. Ltd. | 8621 | 16440 |
|  | Samwha Capacitor Co. Ltd. | 696 | 12152 |
|  | Samyang Corp. | 813 | 27364 |
|  | Samyang Packaging Corp. | 765 | 7283 |
|  | Sang-A Frontec Co. Ltd. | 964 | 10596 |
|  \* | Sangbo Corp. | 4435 | 3415 |
|  | Saramin Co. Ltd. | 864 | 9545 |
|  | SD Biosensor, Inc. | 7049 | 46607 |
|  | SeAH Besteel Holdings Corp. | 2372 | 29857 |
|  | SeAH Holdings Corp. | 197 | 12755 |
|  | SeAH Steel Corp. | 395 | 49196 |
|  | SeAH Steel Holdings Corp. | 440 | 69585 |
|  | Seegene, Inc. | 5115 | 94581 |
|  | Segyung Hitech Co. Ltd. | 3961 | 19612 |
|  | Sejong Industrial Co. Ltd. | 2272 | 6728 |
|  | Seobu T&D | 6740 | 27296 |
|  | Seohan Co. Ltd. | 5527 | 3292 |
|  \* | Seojin System Co. Ltd. | 3180 | 45596 |
|  \* | Seoul Semiconductor Co. Ltd. | 6278 | 29393 |
|  | Seoyon Co. Ltd. | 4111 | 21502 |
|  | Seoyon E-Hwa Co. Ltd. | 2282 | 18919 |
|  | SFA Engineering Corp. | 2362 | 33727 |
|  \* | SFA Semicon Co. Ltd. | 7791 | 16407 |
|  | SGC Energy Co. Ltd. | 1511 | 24770 |
|  | Shin Heung Energy & Electronics Co. Ltd. | 3055 | 9110 |
|  | Shindaeyang Paper Co. Ltd. | 4092 | 24610 |
|  | Shinsegae International, Inc. | 3582 | 24728 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Shinsegae, Inc. | 1278 | $141695 |
|  | Showbox Corp. | 6629 | 15151 |
|  | SIMMTECH Co. Ltd. | 4409 | 48957 |
|  | SK Discovery Co. Ltd. | 1664 | 48699 |
|  \* | SK Eternix Co. Ltd. | 2737 | 32762 |
|  | SK Gas Ltd. | 499 | 84083 |
|  \*W | SK IE Technology Co. Ltd. | 1783 | 28089 |
|  | SK Networks Co. Ltd. | 5652 | 16786 |
|  \* | SK oceanplant Co. Ltd. | 4477 | 47154 |
|  | SL Corp. | 3258 | 75242 |
|  \* | SMEC Co. Ltd. | 7905 | 15032 |
|  | SNT Motiv Co. Ltd. | 2334 | 45300 |
|  # | S-Oil Corp. | 5682 | 207540 |
|  | Solid, Inc. | 15909 | 79821 |
|  | Songwon Industrial Co. Ltd. | 2765 | 22223 |
|  | Soulbrain Co. Ltd. | 520 | 63345 |
|  | Straffic Co. Ltd. | 4344 | 12049 |
|  \* | Studio Dragon Corp. | 667 | 24037 |
|  | Sung Kwang Bend Co. Ltd. | 4963 | 95091 |
|  | Sungshin Cement Co. Ltd. | 3983 | 25783 |
|  | Sungwoo Hitech Co. Ltd. | 6297 | 24681 |
|  \* | SY Co. Ltd. | 6965 | 18232 |
|  \* | Synergy Innovation Co. Ltd. | 10808 | 21837 |
|  | Systems Technology, Inc. | 1416 | 19851 |
|  | Tae Kyung Industrial Co. Ltd. | 2320 | 8043 |
|  \* | Taewoong Co. Ltd. | 1335 | 14117 |
|  \* | Taihan Electric Wire Co. Ltd. | 2639 | 21620 |
|  | TechWing, Inc. | 1004 | 24124 |
|  | Telechips, Inc. | 1342 | 12784 |
|  | TES Co. Ltd. | 967 | 13700 |
|  \* | Theragen Etex Co. Ltd. | 4269 | 9033 |
|  | TK Corp. | 2713 | 40154 |
|  | TKG Huchems Co. Ltd. | 3216 | 36365 |
|  | TLB Co. Ltd. | 1452 | 17529 |
|  \* | Tongyang Life Insurance Co. Ltd. | 9522 | 40940 |
|  | Toptec Co. Ltd. | 2617 | 7600 |
|  | Tovis Co. Ltd. | 3257 | 36188 |
|  | Tplex Co. Ltd. | 3294 | 7396 |
|  | TS Corp. | 13340 | 31917 |
|  | TSE Co. Ltd. | 725 | 20862 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | TYM Corp. | 5010 | $15824 |
|  \* | Uni-Chem Co. Ltd. | 17518 | 20193 |
|  | Unick Corp. | 2540 | 6976 |
|  | Unid Co. Ltd. | 823 | 50879 |
|  | Union Semiconductor Equipment & Materials Co. Ltd. | 3748 | 15617 |
|  | Uniquest Corp. | 2472 | 9992 |
|  | Unitrontech Co. Ltd. | 2852 | 11771 |
|  | Value Added Technology Co. Ltd. | 727 | 10381 |
|  \*†† | Vidente Co. Ltd. | 7159 | 3138 |
|  | Vieworks Co. Ltd. | 347 | 5991 |
|  | Vitzro Tech Co. Ltd. | 3438 | 18865 |
|  | WiSoL Co. Ltd. | 2664 | 12829 |
|  | WONIK IPS Co. Ltd. | 4011 | 63894 |
|  | Wonik Materials Co. Ltd. | 1628 | 23130 |
|  | Wonik QnC Corp. | 2576 | 30789 |
|  | Woojin, Inc. | 3122 | 17694 |
|  \* | Wooree Bio Co. Ltd. | 4791 | 7642 |
|  | Wooshin Systems Co. Ltd. | 1863 | 8142 |
|  \* | Woosu AMS Co. Ltd. | 4857 | 10536 |
|  | Worldex Industry & Trading Co. Ltd. | 1407 | 17289 |
|  \* | YC Corp. | 4316 | 29824 |
|  | YG Entertainment, Inc. | 1335 | 63027 |
|  \* | YMT Co. Ltd. | 1177 | 7476 |
|  | Youngone Holdings Co. Ltd. | 1016 | 68394 |
|  | Zeus Co. Ltd. | 3837 | 34917 |
|  | Zinus, Inc. | 2480 | 30423 |
|  TOTAL SOUTH KOREA | TOTAL SOUTH KOREA |  | 20317567 |
|  SPAIN — (2.2%) | SPAIN — (2.2%) |  |  |
|  | Acciona SA | 4228 | 616118 |
|  | Acerinox SA | 46035 | 520255 |
|  | ACS Actividades de Construccion y Servicios SA | 3472 | 217538 |
|  W | Aedas Homes SA | 2127 | 68645 |
|  | Almirall SA | 15322 | 170009 |
|  | Atresmedia Corp. de Medios de Comunicacion SA | 32384 | 204437 |
|  | Azkoyen SA | 2368 | 20474 |
|  | Banco de Sabadell SA | 1583992 | 4621745 |
|  | Bankinter SA | 180414 | 2101631 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  SPAIN — (Continued) | SPAIN — (Continued) |  |  |
|  | Construcciones y Auxiliar de Ferrocarriles SA | 5087 | $248642 |
|  | Corp. ACCIONA Energias Renovables SA | 7829 | 146349 |
|  # | Ebro Foods SA | 19701 | 384807 |
|  | EDP Renovaveis SA | 32810 | 307258 |
|  | Elecnor SA | 1606 | 34430 |
|  | Enagas SA | 32851 | 512208 |
|  | Ence Energia y Celulosa SA | 37250 | 120125 |
|  | Ercros SA | 34553 | 116951 |
|  | Faes Farma SA | 34991 | 169903 |
|  W | Gestamp Automocion SA | 25814 | 77110 |
|  W | Global Dominion Access SA | 12230 | 40392 |
|  \* | Grifols SA | 64328 | 609098 |
|  | Grupo Catalana Occidente SA | 12282 | 684018 |
|  | Iberpapel Gestion SA (IBG SM) | 3031 | 69973 |
|  | Mapfre SA | 269985 | 961147 |
|  W | Neinor Homes SA | 8459 | 147250 |
|  \* | Obrascon Huarte Lain SA | 11137 | 3912 |
|  | Repsol SA (REP SM) | 149030 | 1821693 |
|  \* | Solaria Energia y Medio Ambiente SA | 6432 | 48481 |
|  \*W | Talgo SA | 188 | 681 |
|  | Tubacex SA | 30478 | 125692 |
|  W | Unicaja Banco SA | 405633 | 773156 |
|  TOTAL SPAIN | TOTAL SPAIN |  | 15944128 |
|  SWEDEN — (2.1%) | SWEDEN — (2.1%) |  |  |
|  W | AcadeMedia AB | 28678 | 235982 |
|  | AddLife AB, Class B | 27374 | 519478 |
|  | AFRY AB | 21068 | 364991 |
|  W | Alimak Group AB | 8408 | 106416 |
|  | Alleima AB | 47686 | 374923 |
|  | Alligo AB, Class B | 6978 | 79675 |
|  W | Ambea AB | 22319 | 269626 |
|  | AQ Group AB | 18310 | 294635 |
|  | Arise AB | 8680 | 30992 |
|  | Arjo AB, Class B | 47018 | 157513 |
|  \* | Asmodee Group AB, Class B | 33734 | 371701 |
|  W | Attendo AB | 37257 | 253624 |
|  | Beijer Alma AB | 4542 | 94482 |
|  | Bergman & Beving AB | 3715 | 112788 |
|  | Betsson AB, Class B | 31487 | 550678 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) |  |  |
|  \* | BHG Group AB | 51774 | $123717 |
|  | Bilia AB, Class A | 19527 | 244388 |
|  | Billerud Aktiebolag | 57737 | 609243 |
|  \*W | Boozt AB | 8782 | 76569 |
|  W | Bravida Holding AB | 37595 | 358236 |
|  | Bulten AB | 2101 | 12831 |
|  | Byggmax Group AB | 16014 | 79086 |
|  | Catella AB | 9935 | 30410 |
|  \* | Cint Group AB | 102718 | 77496 |
|  | Cloetta AB, Class B | 101902 | 296453 |
|  | Coinshares International Ltd. | 1605 | 12878 |
|  W | Coor Service Management Holding AB | 12142 | 48906 |
|  | Eastnine AB | 16604 | 77137 |
|  \* | Electrolux AB, Class B | 28182 | 175938 |
|  | Elekta AB, Class B | 52511 | 267392 |
|  #\* | Embracer Group AB | 33734 | 425715 |
|  \* | Enea AB | 3692 | 25258 |
|  | Fagerhult Group AB | 8823 | 38132 |
|  | G5 Entertainment AB | 1578 | 21283 |
|  | Granges AB | 50903 | 635811 |
|  | Hanza AB | 7820 | 57930 |
|  \* | Humana AB | 10660 | 45074 |
|  | Husqvarna AB (HUSQB SS), Class B | 67534 | 314118 |
|  | Instalco AB | 31430 | 87140 |
|  | Inwido AB | 18001 | 381490 |
|  | ITAB Shop Concept AB | 7249 | 19068 |
|  | JM AB | 10038 | 160143 |
|  | Kabe Group AB, Class B | 1056 | 27220 |
|  \* | Karnov Group AB | 18213 | 170949 |
|  \* | K-fast Holding AB | 5923 | 7685 |
|  | KNOW IT AB | 5006 | 74798 |
|  | Lindab International AB | 26759 | 562599 |
|  | Loomis AB | 20270 | 843666 |
|  | MEKO AB | 14760 | 193803 |
|  \* | Modern Times Group MTG AB, Class B | 19566 | 234424 |
|  | NCC AB, Class B | 22628 | 421276 |
|  | Nederman Holding AB | 1482 | 25860 |
|  \* | Net Insight AB, Class B | 90172 | 27301 |
|  | New Wave Group AB, Class B | 30204 | 369602 |
|  | Nolato AB, Class B | 47434 | 266508 |
|  \* | Norion Bank AB | 15589 | 63460 |
|  \* | Norva24 Group AB | 1364 | 5110 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) |  |  |
|  | Note AB | 2568 | $42722 |
|  \* | Orron Energy AB | 26633 | 13288 |
|  \* | Ovzon AB | 13228 | 34355 |
|  | Peab AB, Class B | 54976 | 457295 |
|  | Prevas AB, Class B | 2525 | 25513 |
|  \* | Pricer AB, Class B | 39613 | 24075 |
|  | Proact IT Group AB | 6249 | 74754 |
|  | Ratos AB, Class B | 51154 | 174578 |
|  | Rejlers AB | 4772 | 88573 |
|  | Scandi Standard AB | 14375 | 130976 |
|  \* | Sdiptech AB, Class B | 8461 | 189488 |
|  \* | Sensys Gatso Group AB | 2295 | 10108 |
|  \*W | Sinch AB | 139329 | 323908 |
|  \* | Sivers Semiconductors AB | 35338 | 13190 |
|  | SkiStar AB | 13296 | 230275 |
|  | SSAB AB (SSABA SS), Class A | 33166 | 209570 |
|  | SSAB AB (SSABB SS), Class B | 116329 | 723088 |
|  #\* | Stillfront Group AB | 104492 | 53573 |
|  | Storskogen Group AB, Class B | 339933 | 447871 |
|  | Synsam AB | 21544 | 109618 |
|  | Systemair AB | 4846 | 41499 |
|  \* | TF Bank AB | 1362 | 50111 |
|  | VBG Group AB, Class B | 5465 | 152984 |
|  \* | Vestum AB | 17354 | 18602 |
|  | Vitrolife AB | 377 | 6136 |
|  TOTAL SWEDEN | TOTAL SWEDEN |  | 15459757 |
|  SWITZERLAND — (4.9%) | SWITZERLAND — (4.9%) |  |  |
|  | Adecco Group AG | 35148 | 914769 |
|  | Allreal Holding AG | 4110 | 905597 |
|  | ALSO Holding AG | 1597 | 487733 |
|  # | Arbonia AG | 14421 | 109436 |
|  \* | Aryzta AG | 237385 | 595400 |
|  | Autoneum Holding AG | 1237 | 185390 |
|  | Avolta AG | 19397 | 883878 |
|  | Baloise Holding AG | 13844 | 3079909 |
|  | Banque Cantonale de Geneve | 625 | 187276 |
|  | Banque Cantonale Vaudoise | 6965 | 857236 |
|  | Barry Callebaut AG | 122 | 109375 |
|  | Bell Food Group AG | 708 | 227791 |
|  | Berner Kantonalbank AG | 1473 | 453033 |
|  | Bucher Industries AG | 1630 | 704036 |
|  | Bystronic AG | 29 | 8853 |
|  | Calida Holding AG | 95 | 1829 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |  |  |
|  | Carlo Gavazzi Holding AG | 128 | $30166 |
|  | Cembra Money Bank AG | 7891 | 952513 |
|  \* | Cicor Technologies Ltd | 570 | 76864 |
|  | Cie Financiere Tradition SA | 719 | 190137 |
|  # | Clariant AG | 47045 | 526576 |
|  # | Coltene Holding AG | 389 | 29509 |
|  | CPH Group AG | 125 | 10031 |
|  | DKSH Holding AG | 8596 | 633262 |
|  #\* | DocMorris AG | 299 | 8429 |
|  | EDAG Engineering Group AG | 1985 | 14805 |
|  | EFG International AG | 30301 | 458403 |
|  | Emmi AG | 133 | 130828 |
|  | Flughafen Zurich AG | 4933 | 1243030 |
|  | Forbo Holding AG | 220 | 211079 |
|  W | Galenica AG | 11811 | 1237115 |
|  \* | GAM Holding AG | 20363 | 2581 |
|  | Helvetia Holding AG | 9919 | 2188107 |
|  | Huber & Suhner AG | 4114 | 362003 |
|  | Hypothekarbank Lenzburg AG | 21 | 102231 |
|  | Implenia AG | 3965 | 224250 |
|  | Investis Holding SA | 877 | 129158 |
|  | IVF Hartmann Holding AG | 80 | 14910 |
|  | Julius Baer Group Ltd. | 47004 | 3048117 |
|  | Jungfraubahn Holding AG | 1508 | 362705 |
|  \* | Komax Holding AG | 459 | 57105 |
|  | Landis & Gyr Group AG | 4057 | 260934 |
|  | Luzerner Kantonalbank AG | 4501 | 380501 |
|  W | Medmix AG | 851 | 10648 |
|  | Meier Tobler Group AG | 1437 | 60427 |
|  | Metall Zug AG, Class B | 47 | 58582 |
|  | Mikron Holding AG | 2269 | 44056 |
|  | Mobimo Holding AG | 2212 | 854366 |
|  \*W | Montana Aerospace AG | 6067 | 121162 |
|  | Naturenergie Holding AG | 4333 | 170032 |
|  | OC Oerlikon Corp. AG Pfaffikon | 36629 | 155385 |
|  | Orell Fuessli AG | 25 | 2967 |
|  | Phoenix Mecano AG | 199 | 102485 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |  |  |
|  \*W | PolyPeptide Group AG | 2356 | $54591 |
|  | Rieter Holding AG | 376 | 32032 |
|  | Sandoz Group AG (SDZ SW) | 51632 | 2239521 |
|  | Schweiter Technologies AG | 142 | 65439 |
|  | SFS Group AG | 1096 | 148153 |
|  | SIG Group AG | 55512 | 1070824 |
|  | St. Galler Kantonalbank AG | 851 | 512651 |
|  | Stadler Rail AG | 8814 | 232487 |
|  | Sulzer AG | 2788 | 471897 |
|  # | Swatch Group AG (UHR SW) | 5972 | 1036394 |
|  | Swatch Group AG (UHRN SW) | 13116 | 455847 |
|  | Swiss Prime Site AG | 17654 | 2489320 |
|  | Tecan Group AG | 1552 | 302266 |
|  \* | Trifork Group AG | 781 | 11091 |
|  | TX Group AG | 895 | 201346 |
|  | u-blox Holding AG | 1589 | 161057 |
|  | Valiant Holding AG | 4972 | 732266 |
|  | Vaudoise Assurances Holding SA | 279 | 203556 |
|  | Vetropack Holding AG | 3488 | 120478 |
|  | Vontobel Holding AG | 7402 | 534895 |
|  | V-ZUG Holding AG | 335 | 28210 |
|  | Walliser Kantonalbank | 1138 | 170882 |
|  | Zehnder Group AG | 2702 | 179864 |
|  | Zug Estates Holding AG, Class B | 79 | 203044 |
|  | Zuger Kantonalbank | 35 | 360128 |
|  TOTAL SWITZERLAND | TOTAL SWITZERLAND |  | 36195239 |
|  TAIWAN — (4.4%) | TAIWAN — (4.4%) |  |  |
|  | Aaeon Technology, Inc. | 4000 | 15711 |
|  # | Ability Enterprise Co. Ltd. | 35000 | 51012 |
|  | AcBel Polytech, Inc. | 69687 | 56150 |
|  # | Acer, Inc. | 554000 | 605369 |
|  \* | ACES Electronic Co. Ltd. | 19323 | 29134 |
|  \* | Acon Holding, Inc. | 57415 | 16450 |
|  | Action Electronics Co. Ltd. | 34000 | 16277 |
|  | ADATA Technology Co. Ltd. | 37384 | 97791 |
|  | Advanced International Multitech Co. Ltd. | 24000 | 51039 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Advanced Power Electronics Corp. | 4000 | $9271 |
|  | Advancetek Enterprise Co. Ltd. | 13000 | 29301 |
|  \* | ALI Corp. | 16200 | 13551 |
|  | Allmind Holdings Corp. | 7000 | 10580 |
|  | Alltek Technology Corp. | 32000 | 38569 |
|  | Alpha Networks, Inc. | 37000 | 31926 |
|  | Altek Corp. | 52824 | 60235 |
|  | Amazing Microelectronic Corp. | 13000 | 30308 |
|  | AMPACS Corp. | 8000 | 8212 |
|  | Ampire Co. Ltd. | 9000 | 8464 |
|  | Anji Technology Co. Ltd. | 8000 | 7370 |
|  | Apacer Technology, Inc. | 19000 | 27339 |
|  | APAQ Technology Co. Ltd. | 6000 | 18678 |
|  | Apex Biotechnology Corp. | 14000 | 13778 |
|  \* | Apex International Co. Ltd. | 28000 | 20244 |
|  | Apex Science & Engineering | 23929 | 8374 |
|  | ARBOR Technology Corp. | 9000 | 12895 |
|  | Arcadyan Technology Corp. | 8000 | 59200 |
|  | Ardentec Corp. | 68430 | 159626 |
|  | Asia Electronic Material Co. Ltd. | 19000 | 11934 |
|  | Asia Optical Co., Inc. | 14000 | 59508 |
|  | Asia Polymer Corp. | 63000 | 24974 |
|  | Asia Tech Image, Inc. | 13000 | 39289 |
|  | ATE Energy International Co. Ltd. | 11000 | 8070 |
|  | Aten International Co. Ltd. | 14000 | 29999 |
|  | AUO Corp. (2409 TT) | 755200 | 290563 |
|  | Axiomtek Co. Ltd. | 4000 | 12844 |
|  | Azurewave Technologies, Inc. | 18000 | 25803 |
|  | Bank of Kaohsiung Co. Ltd. | 207178 | 76938 |
|  | BES Engineering Corp. | 293000 | 96771 |
|  | Bin Chuan Enterprise Co. Ltd. | 17000 | 25935 |
|  | Bizlink Holding, Inc. | 2019 | 34178 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Bon Fame Co. Ltd. | 5000 | $11820 |
|  | Brave C&H Supply Co. Ltd. | 4000 | 12458 |
|  | Brightek Optoelectronic Co. Ltd. | 14000 | 19714 |
|  | Brighton-Best International Taiwan, Inc. | 54000 | 56327 |
|  \* | Cameo Communications, Inc. | 38531 | 10668 |
|  | Capital Futures Corp. | 21902 | 33225 |
|  | Capital Securities Corp. | 211000 | 171669 |
|  \* | Career Technology MFG. Co. Ltd. | 49906 | 18276 |
|  | Castles Technology Co. Ltd. | 11000 | 23801 |
|  | Caswell, Inc. | 4000 | 11239 |
|  | Cathay Real Estate Development Co. Ltd. | 93600 | 56585 |
|  | CCP Contact Probes Co. Ltd. | 17455 | 15104 |
|  \* | Celxpert Energy Corp. | 22569 | 20367 |
|  | Cenra, Inc. | 30500 | 33082 |
|  | Central Reinsurance Co. Ltd. | 90556 | 74398 |
|  \* | Champion Building Materials Co. Ltd. | 69300 | 23977 |
|  | Chang Hwa Commercial Bank Ltd. | 825853 | 470919 |
|  | Channel Well Technology Co. Ltd. | 20000 | 45382 |
|  | Chant Sincere Co. Ltd. | 6000 | 9398 |
|  | CHC Healthcare Group | 20000 | 27061 |
|  | Chen Full International Co. Ltd. | 14000 | 20993 |
|  | Cheng Loong Corp. | 159000 | 86889 |
|  \* | Cheng Mei Materials Technology Corp. | 93476 | 37788 |
|  | Cheng Shin Rubber Industry Co. Ltd. | 278000 | 429375 |
|  | Cheng Uei Precision Industry Co. Ltd. | 77000 | 118010 |
|  | Chien Shing Harbour Service Co. Ltd. | 8000 | 12061 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | China Airlines Ltd. | 410000 | $270092 |
|  | China Bills Finance Corp. | 142000 | 66184 |
|  | China General Plastics Corp. | 64516 | 22456 |
|  \* | China Man-Made Fiber Corp. | 197000 | 39134 |
|  | China Metal Products | 53000 | 43935 |
|  # | China Motor Corp. | 52000 | 116627 |
|  | China Steel Structure Co. Ltd. | 7000 | 9592 |
|  | China Wire & Cable Co. Ltd. | 26000 | 27448 |
|  | Chinese Maritime Transport Ltd. | 16710 | 21170 |
|  | Ching Feng Home Fashions Co. Ltd. | 29196 | 22422 |
|  | Chin-Poon Industrial Co. Ltd. | 54000 | 54642 |
|  | Chipbond Technology Corp. | 114000 | 226669 |
|  | ChipMOS Technologies, Inc. (8150 TT) | 92344 | 76394 |
|  | Chlitina Holding Ltd. | 11000 | 39211 |
|  | Chong Hong Construction Co. Ltd. | 40000 | 109585 |
|  | Chun Yuan Steel Industry Co. Ltd. | 95000 | 54016 |
|  \* | Chung Hwa Pulp Corp. | 70015 | 27986 |
|  | Chunghwa Precision Test Tech Co. Ltd. | 2000 | 45639 |
|  | Collins Co. Ltd . | 19000 | 9110 |
|  # | Compal Electronics, Inc. | 871000 | 750517 |
|  | Compeq Manufacturing Co. Ltd. | 170000 | 298390 |
|  | Complex Micro Interconnection Co. Ltd. | 8000 | 10268 |
|  | Concord International Securities Co. Ltd. | 46317 | 18603 |
|  | Concord Securities Co. Ltd. | 111449 | 40674 |
|  | Continental Holdings Corp. | 90000 | 68546 |
|  | Contrel Technology Co. Ltd. | 15000 | 17813 |
|  | Coretronic Corp. | 63000 | 123996 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Co-Tech Development Corp. | 14000 | $20895 |
|  | Coxon Precise Industrial Co. Ltd. | 16000 | 7601 |
|  | Cryomax Cooling System Corp. | 14154 | 13359 |
|  | CTCI Corp. | 104000 | 89426 |
|  | CviLux Corp. | 17000 | 24913 |
|  \* | CX Technology Co. Ltd. | 11000 | 8014 |
|  | Cyberlink Corp. | 5000 | 15506 |
|  \* | CyberTAN Technology, Inc. | 32000 | 22653 |
|  | DA CIN Construction Co. Ltd. | 44000 | 77337 |
|  | Dafeng TV Ltd. | 12000 | 19976 |
|  | Da-Li Development Co. Ltd. | 64934 | 94223 |
|  | Darfon Electronics Corp. | 37000 | 43974 |
|  | Darwin Precisions Corp. | 76000 | 27187 |
|  | De Licacy Industrial Co. Ltd. | 21000 | 9437 |
|  | Delpha Construction Co. Ltd. | 31000 | 32143 |
|  | Depo Auto Parts Ind Co. Ltd. | 20000 | 114128 |
|  | Dimerco Express Corp. | 17850 | 41103 |
|  | D-Link Corp. | 67400 | 34649 |
|  | Donpon Precision, Inc. | 14000 | 12542 |
|  | Draytek Corp. | 12000 | 12764 |
|  \* | Dyaco International, Inc. | 21129 | 15623 |
|  | Dynapack International Technology Corp. | 13000 | 70692 |
|  | Eastech Holding Ltd. | 6000 | 19414 |
|  | eCloudvalley Digital Technology Co. Ltd. | 12000 | 33776 |
|  \* | Edimax Technology Co. Ltd. | 32000 | 22637 |
|  | Edison Opto Corp. | 28000 | 17370 |
|  | Edom Technology Co. Ltd. | 38000 | 29139 |
|  | Elitegroup Computer Systems Co. Ltd. | 67000 | 32504 |
|  | Emerging Display Technologies Corp. | 13000 | 9771 |
|  | Ennoconn Corp. | 11000 | 92515 |
|  | Ennostar, Inc. | 73400 | 82994 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | EnTie Commercial Bank Co. Ltd. | 110000 | $45019 |
|  \* | Epileds Technologies, Inc. | 24000 | 17103 |
|  | Eson Precision Ind Co. Ltd. | 26000 | 36654 |
|  | Eternal Materials Co. Ltd. | 50950 | 40839 |
|  | Eurocharm Holdings Co. Ltd. | 2000 | 9688 |
|  | Eva Airways Corp. | 46648 | 56030 |
|  \* | Everest Textile Co. Ltd. | 77000 | 16292 |
|  | Evergreen International Storage & Transport Corp. | 93000 | 84182 |
|  | EVERGREEN Steel Corp. | 28000 | 72365 |
|  | Everlight Chemical Industrial Corp. | 81450 | 42926 |
|  # | Everlight Electronics Co. Ltd. | 86000 | 206273 |
|  | Excel Cell Electronic Co. Ltd. | 28000 | 16096 |
|  | Excellence Opto, Inc. | 16000 | 10227 |
|  | Excelsior Medical Co. Ltd. | 27402 | 74721 |
|  | Far Eastern Department Stores Ltd. | 193000 | 141669 |
|  | Far Eastern International Bank | 482682 | 194338 |
|  | Far Eastern New Century Corp. | 553000 | 569063 |
|  | Farglory F T Z Investment Holding Co. Ltd. | 9442 | 10142 |
|  | Farglory Land Development Co. Ltd. | 52000 | 97091 |
|  \* | Federal Corp. | 24000 | 13443 |
|  | Feedback Technology Corp. | 9072 | 30512 |
|  | Feng Hsin Steel Co. Ltd. | 57000 | 107234 |
|  | Firich Enterprises Co. Ltd. | 36000 | 29253 |
|  \* | First Copper Technology Co. Ltd. | 27000 | 29829 |
|  | First Insurance Co. Ltd. | 37000 | 34155 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  \* | First Steamship Co. Ltd. | 84806 | $16355 |
|  \* | Fittech Co. Ltd. | 5254 | 11828 |
|  | FLEXium Interconnect, Inc. | 35000 | 55577 |
|  | Flytech Technology Co. Ltd. | 11000 | 39101 |
|  | Formosa Advanced Technologies Co. Ltd. | 12000 | 9979 |
|  | Formosa Laboratories, Inc. | 21322 | 40307 |
|  | Formosa Optical Technology Co. Ltd. | 7000 | 30482 |
|  | Formosa Sumco Technology Corp. | 12000 | 29951 |
|  | Formosan Union Chemical | 58179 | 31557 |
|  | Founding Construction & Development Co. Ltd. | 24000 | 13171 |
|  | Foxsemicon Integrated Technology, Inc. | 3000 | 25710 |
|  | Franbo Lines Corp. | 22000 | 13756 |
|  | Froch Enterprise Co. Ltd. | 18000 | 8484 |
|  | Fu Chun Shin Machinery Manufacture Co. Ltd. | 41177 | 21321 |
|  | Fu Hua Innovation Co. Ltd. | 64379 | 75717 |
|  | Fulgent Sun International Holding Co. Ltd. | 24945 | 79485 |
|  #\* | Fulltech Fiber Glass Corp. | 82958 | 70955 |
|  | G Shank Enterprise Co. Ltd. | 16296 | 37241 |
|  # | Gamania Digital Entertainment Co. Ltd. | 19000 | 43629 |
|  | GEM Services, Inc. | 11000 | 22333 |
|  | Gemtek Technology Corp. | 73000 | 64932 |
|  \* | General Interface Solution GIS Holding Ltd. | 18000 | 26411 |
|  | General Plastic Industrial Co. Ltd. | 13000 | 12927 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Genius Electronic Optical Co. Ltd. | 6000 | $70474 |
|  | Genmont Biotech, Inc. | 14000 | 8652 |
|  | Genovate Biotechnology Co. Ltd. | 12360 | 7948 |
|  | GeoVision, Inc. | 8900 | 17470 |
|  | Giant Manufacturing Co. Ltd. | 13000 | 53069 |
|  | Giantplus Technology Co. Ltd. | 73000 | 30267 |
|  \* | Gigasolar Materials Corp. | 5000 | 9910 |
|  \* | Gigastorage Corp. | 46000 | 17584 |
|  | Global Brands Manufacture Ltd. | 71240 | 135711 |
|  | Global PMX Co. Ltd. | 8000 | 23034 |
|  | Globaltek Fabrication Co. Ltd. | 6000 | 11723 |
|  | Globalwafers Co. Ltd. | 32000 | 308834 |
|  | Globe Union Industrial Corp. | 48910 | 16692 |
|  | Gloria Material Technology Corp. | 78000 | 107672 |
|  | GMI Technology, Inc. | 16247 | 27109 |
|  | Goldsun Building Materials Co. Ltd. | 77520 | 95225 |
|  | Good Will Instrument Co. Ltd. | 16000 | 20979 |
|  | Gordon Auto Body Parts | 46000 | 49086 |
|  | Gourmet Master Co. Ltd. | 14000 | 40088 |
|  | Grand Fortune Securities Co. Ltd. | 45139 | 17371 |
|  | Grape King Bio Ltd. | 18000 | 76660 |
|  | Great China Metal Industry | 26000 | 18662 |
|  # | Great Wall Enterprise Co. Ltd. | 83000 | 155319 |
|  | Greatek Electronics, Inc. | 22000 | 37830 |
|  | GTM Holdings Corp. | 21000 | 20930 |
|  \* | Hai Kwang Enterprise Corp. | 16800 | 7838 |
|  | Harvatek Corp. | 29000 | 14869 |
|  | Hey Song Corp. | 61000 | 74613 |
|  | Highlight Tech Corp. | 6400 | 9091 |
|  | Highwealth Construction Corp. | 45100 | 57643 |
|  | Hitron Technology, Inc. | 14000 | 9514 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Hiwin Mikrosystem Corp. | 6000 | $22199 |
|  | Hiyes International Co. Ltd. | 7136 | 26722 |
|  | Hocheng Corp. | 45920 | 25621 |
|  | Hong Pu Real Estate Development Co. Ltd. | 47000 | 43676 |
|  | Hong TAI Electric Industrial | 39000 | 37615 |
|  # | Hota Industrial Manufacturing Co. Ltd. | 39000 | 77621 |
|  \* | Hotron Precision Electronic Industrial Co. Ltd. | 11129 | 6842 |
|  | Hsin Kuang Steel Co. Ltd. | 18000 | 24302 |
|  | Hu Lane Associate, Inc. | 3075 | 14599 |
|  | HUA ENG Wire & Cable Co. Ltd. | 75000 | 57790 |
|  | Huaku Development Co. Ltd. | 46200 | 150712 |
|  | Huang Hsiang Construction Corp. | 31000 | 50045 |
|  | Huikwang Corp. | 9000 | 7630 |
|  | Hung Ching Development & Construction Co. Ltd. | 33000 | 30194 |
|  | Hung Sheng Construction Ltd. | 88352 | 63042 |
|  | Huxen Corp. | 7000 | 10999 |
|  | Hwa Fong Rubber Industrial Co. Ltd. | 72117 | 39278 |
|  | Hwacom Systems, Inc. | 18000 | 12055 |
|  | Ibase Technology, Inc. | 5000 | 9576 |
|  # | IBF Financial Holdings Co. Ltd. | 528372 | 200078 |
|  | Ichia Technologies, Inc. | 56000 | 64430 |
|  | Innolux Corp. | 1312663 | 562160 |
|  | Inpaq Technology Co. Ltd. | 17000 | 36462 |
|  | Integrated Service Technology, Inc. | 8000 | 25405 |
|  | Iron Force Industrial Co. Ltd. | 8148 | 24493 |
|  | I-Sheng Electric Wire & Cable Co. Ltd. | 16000 | 25479 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | ITEQ Corp. | 34000 | $68280 |
|  | Jean Co. Ltd. | 48940 | 35864 |
|  | Jetway Information Co. Ltd. | 6750 | 9512 |
|  | Jia Wei Lifestyle, Inc. | 7000 | 10967 |
|  | Jiin Yeeh Ding Enterprise Co. Ltd. | 8800 | 17694 |
|  | Johnson Health Tech Co. Ltd. | 8000 | 43167 |
|  | K Laser Technology, Inc. | 43000 | 22866 |
|  | Kedge Construction Co. Ltd. | 10450 | 25769 |
|  | KEE TAI Properties Co. Ltd. | 82215 | 32600 |
|  | Kenda Rubber Industrial Co. Ltd. | 103111 | 76060 |
|  | Kerry TJ Logistics Co. Ltd. | 32000 | 35510 |
|  | Kindom Development Co. Ltd. | 64300 | 102572 |
|  | King Chou Marine Technology Co. Ltd. | 10200 | 14145 |
|  | King's Town Bank Co. Ltd. | 148000 | 224069 |
|  #\* | King's Town Construction Co. Ltd. | 27000 | 40101 |
|  | Kinko Optical Co. Ltd. | 36769 | 28497 |
|  | Kinpo Electronics | 221000 | 138010 |
|  | Kinsus Interconnect Technology Corp. | 48000 | 113388 |
|  | KMC Kuei Meng International, Inc. | 6000 | 18162 |
|  | KS Terminals, Inc. | 14000 | 24178 |
|  \* | Kung Sing Engineering Corp. | 74426 | 28512 |
|  | Kuo Toong International Co. Ltd. | 19551 | 33817 |
|  | Kwong Lung Enterprise Co. Ltd. | 21000 | 34186 |
|  | Lanner Electronics, Inc. | 4000 | 10944 |
|  | Leadtrend Technology Corp. | 7355 | 11356 |
|  \* | Lealea Enterprise Co. Ltd. | 159120 | 37045 |
|  | LEE CHI Enterprises Co. Ltd. | 37000 | 12946 |
|  | Lelon Electronics Corp. | 18508 | 41872 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Lemtech Holdings Co. Ltd. | 5000 | $13943 |
|  | Leo Systems, Inc. | 10000 | 9664 |
|  \* | Leofoo Development Co. Ltd. | 17000 | 9153 |
|  \* | Li Peng Enterprise Co. Ltd. | 113000 | 22038 |
|  | Lingsen Precision Industries Ltd. | 69000 | 30417 |
|  | Liton Technology Corp. | 9000 | 9577 |
|  | Long Da Construction & Development Corp. | 42000 | 45980 |
|  \* | Longchen Paper & Packaging Co. Ltd. | 88485 | 25251 |
|  | Longwell Co. | 33000 | 79034 |
|  | Lucky Cement Corp. | 46000 | 19888 |
|  | Lumax International Corp. Ltd. | 13500 | 40197 |
|  \* | Lung Yen Life Service Corp. | 30000 | 63776 |
|  | Machvision, Inc. | 4000 | 51789 |
|  | Macroblock, Inc. | 3000 | 5752 |
|  # | Macronix International Co. Ltd. | 306000 | 190186 |
|  | Mayer Steel Pipe Corp. | 32400 | 28937 |
|  | Mercuries & Associates Holding Ltd. | 76680 | 32759 |
|  \* | Mercuries Life Insurance Co. Ltd. | 662351 | 114480 |
|  | Merida Industry Co. Ltd. | 16000 | 66363 |
|  | Merry Electronics Co. Ltd. | 23046 | 81603 |
|  | METAAGE Corp. | 8000 | 12782 |
|  | Mildef Crete, Inc. | 10000 | 31176 |
|  | MIN AIK Technology Co. Ltd. | 44000 | 35280 |
|  \* | MOSA Industrial Corp. | 19307 | 11363 |
|  \* | Mosel Vitelic, Inc. | 13000 | 9882 |
|  | Motech Industries, Inc. | 29000 | 17042 |
|  | MSSCORPS Co. Ltd. | 4320 | 16852 |
|  | Nak Sealing Technologies Corp. | 10000 | 36359 |
|  | Namchow Holdings Co. Ltd. | 32000 | 47109 |
|  | Nan Liu Enterprise Co. Ltd. | 4000 | 7063 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Nan Ya Printed Circuit Board Corp. | 28000 | $86475 |
|  #\* | Nanya Technology Corp. | 186000 | 210002 |
|  | New Best Wire Industrial Co. Ltd. | 19000 | 16260 |
|  | Nexcom International Co. Ltd. | 26000 | 63440 |
|  | Nichidenbo Corp. | 25000 | 50465 |
|  | Niko Semiconductor Co. Ltd. | 18513 | 23048 |
|  | Nuvoton Technology Corp. | 31000 | 66619 |
|  | O-Bank Co. Ltd. | 224375 | 66731 |
|  | Ocean Plastics Co. Ltd. | 35000 | 38030 |
|  | OK Biotech Co. Ltd. | 20036 | 11341 |
|  | Optimax Technology Corp. | 35000 | 34845 |
|  | Orient Europharma Co. Ltd. | 7000 | 10057 |
|  | Orient Semiconductor Electronics Ltd. | 54000 | 54339 |
|  | Oriental Union Chemical Corp. | 66000 | 28105 |
|  | O-TA Precision Industry Co. Ltd. | 8000 | 16564 |
|  | Pacific Hospital Supply Co. Ltd. | 6000 | 17390 |
|  \* | Paiho Shih Holdings Corp. | 16000 | 10836 |
|  | Pan German Universal Motors Ltd. | 4000 | 35592 |
|  | Pan Jit International, Inc. | 43000 | 59767 |
|  | Pan-International Industrial Corp. | 67000 | 79246 |
|  | Parpro Corp. | 17000 | 22844 |
|  \* | PChome Online, Inc. | 8000 | 9370 |
|  | PCL Technologies, Inc. | 9000 | 26758 |
|  | Phoenix Silicon International Corp. | 11000 | 44951 |
|  | Pixart Imaging, Inc. | 4000 | 26852 |
|  | Posiflex Technology, Inc. | 4000 | 32402 |
|  | Pou Chen Corp. | 407000 | 419116 |
|  | Powertech Technology, Inc. | 123000 | 417956 |
|  | President Securities Corp. | 166453 | 122696 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Primax Electronics Ltd. | 69000 | $161211 |
|  | Prince Housing & Development Corp. | 185000 | 52744 |
|  | Promate Electronic Co. Ltd. | 11000 | 24425 |
|  | Prosperity Dielectrics Co. Ltd. | 20000 | 22172 |
|  | Qisda Corp. | 38000 | 31832 |
|  | QST International Corp. | 13024 | 21913 |
|  | Qualipoly Chemical Corp. | 18900 | 32218 |
|  | Quang Viet Enterprise Co. Ltd. | 7000 | 18415 |
|  \* | Quintain Steel Co. Ltd. | 62532 | 19440 |
|  | Radium Life Tech Co. Ltd. | 168209 | 66389 |
|  | Raydium Semiconductor Corp. | 5000 | 50846 |
|  | Rechi Precision Co. Ltd. | 59000 | 54872 |
|  | Rexon Industrial Corp. Ltd. | 20000 | 19957 |
|  | Rich Development Co. Ltd. | 136990 | 38570 |
|  \* | Ritek Corp. | 110724 | 36905 |
|  | Ruentex Development Co. Ltd. | 263000 | 270717 |
|  | Sampo Corp. | 58800 | 46806 |
|  | San Fang Chemical Industry Co. Ltd. | 15000 | 18445 |
|  | Sanyang Motor Co. Ltd. | 7000 | 15168 |
|  | Savior Lifetec Corp. | 58000 | 34978 |
|  | Scan-D Corp. | 6000 | 5738 |
|  | SCI Pharmtech, Inc. | 8000 | 18037 |
|  | Sea Sonic Electronics Co. Ltd. | 1000 | 1982 |
|  | Senao International Co. Ltd. | 22000 | 21833 |
|  | Senao Networks, Inc. | 5815 | 32086 |
|  | Sercomm Corp. | 26000 | 85211 |
|  | Sesoda Corp. | 49000 | 50935 |
|  | Shanghai Commercial & Savings Bank Ltd. | 184000 | 271339 |
|  | Sharehope Medicine Co. Ltd. | 12038 | 10398 |
|  | ShenMao Technology, Inc. | 22000 | 40254 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Shih Her Technologies, Inc. | 10000 | $31012 |
|  \* | Shih Wei Navigation Co. Ltd. | 61790 | 31252 |
|  | Shihlin Electric & Engineering Corp. | 5000 | 22417 |
|  \* | Shin Kong Financial Holding Co. Ltd. | 2753591 | 1016115 |
|  | Shin Zu Shing Co. Ltd. | 6926 | 40406 |
|  \* | Shining Building Business Co. Ltd. | 102444 | 34019 |
|  | Shinkong Insurance Co. Ltd. | 36000 | 120222 |
|  | Shinkong Synthetic Fibers Corp. | 160000 | 62559 |
|  | Shuttle, Inc. | 85000 | 44758 |
|  | Sigurd Microelectronics Corp. | 76046 | 172326 |
|  | Simplo Technology Co. Ltd. | 29000 | 317429 |
|  | Sincere Navigation Corp. | 62830 | 45614 |
|  | Sino-American Silicon Products, Inc. | 55000 | 190666 |
|  | Sinon Corp. | 64000 | 80284 |
|  | Sinphar Pharmaceutical Co. Ltd. | 25920 | 25762 |
|  | Sinyi Realty, Inc. | 46000 | 40181 |
|  | Siward Crystal Technology Co. Ltd. | 33000 | 21643 |
|  | Solar Applied Materials Technology Corp. | 16000 | 26423 |
|  | Solteam, Inc. | 19197 | 29000 |
|  | Sonix Technology Co. Ltd. | 16000 | 17443 |
|  | Southeast Cement Co. Ltd. | 19000 | 10974 |
|  | Speed Tech Corp. | 7000 | 9038 |
|  # | Sports Gear Co. Ltd. | 31000 | 112663 |
|  | St. Shine Optical Co. Ltd. | 10000 | 53851 |
|  | Standard Foods Corp. | 81000 | 85465 |
|  | S-Tech Corp. | 12000 | 10888 |
|  | STL Technology Co. Ltd. | 12000 | 31056 |
|  | Sun Max Tech Ltd. | 7000 | 10213 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  \* | Sun Yad Construction Co. Ltd. | 69377 | $31759 |
|  \* | Sunko INK Co. Ltd. | 43000 | 16048 |
|  | Sunny Friend Environmental Technology Co. Ltd. | 10000 | 24597 |
|  \* | Sunplus Technology Co. Ltd. | 68000 | 45645 |
|  | Sunrex Technology Corp. | 31685 | 52150 |
|  | Sunspring Metal Corp. | 22807 | 18845 |
|  | Superalloy Industrial Co. Ltd. | 15000 | 29149 |
|  | Supreme Electronics Co. Ltd. | 78340 | 124847 |
|  | Sweeten Real Estate Development Co. Ltd. | 48054 | 46869 |
|  | Symtek Automation Asia Co. Ltd. | 7269 | 35262 |
|  | Syncmold Enterprise Corp. | 13000 | 32436 |
|  | Synmosa Biopharma Corp. | 22195 | 22426 |
|  | Systex Corp. | 32000 | 120919 |
|  | TA Chen Stainless Pipe | 307916 | 404711 |
|  | Ta Ya Electric Wire & Cable | 66099 | 74067 |
|  \* | Tai Tung Communication Co. Ltd. | 18689 | 12269 |
|  | Taichung Commercial Bank Co. Ltd. | 710982 | 440951 |
|  | Taiflex Scientific Co. Ltd. | 38136 | 53287 |
|  | Taimide Tech, Inc. | 15000 | 23851 |
|  | Tainan Enterprises Co. Ltd. | 14000 | 13154 |
|  | Tainan Spinning Co. Ltd. | 234000 | 88120 |
|  | TaiSol Electronics Co. Ltd. | 10000 | 15505 |
|  | Taita Chemical Co. Ltd. | 52132 | 19652 |
|  | TAI-TECH Advanced Electronics Co. Ltd. | 10000 | 29742 |
|  | Taiwan Business Bank | 1370380 | 606925 |
|  | Taiwan Cogeneration Corp. | 81000 | 103501 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Taiwan Fertilizer Co. Ltd. | 119000 | $190879 |
|  | Taiwan Fire & Marine Insurance Co. Ltd. | 48000 | 51574 |
|  | Taiwan FU Hsing Industrial Co. Ltd. | 39000 | 57870 |
|  #\* | Taiwan Glass Industry Corp. | 213000 | 93738 |
|  | Taiwan Hon Chuan Enterprise Co. Ltd. | 14311 | 69261 |
|  | Taiwan Hopax Chemicals Manufacturing Co. Ltd. | 31147 | 31058 |
|  †† | Taiwan Land Development Corp. | 129466 | 2034 |
|  | Taiwan Line Tek Electronic | 10300 | 6880 |
|  | Taiwan Mask Corp. | 10000 | 9767 |
|  | Taiwan Navigation Co. Ltd. | 52000 | 44984 |
|  | Taiwan Paiho Ltd. | 65000 | 118754 |
|  | Taiwan PCB Techvest Co. Ltd. | 48000 | 45163 |
|  | Taiwan Sanyo Electric Co. Ltd. | 27000 | 32048 |
|  \* | Taiwan Styrene Monomer | 33000 | 9299 |
|  | Taiwan Surface Mounting Technology Corp. | 44000 | 140994 |
|  \* | Taiwan TEA Corp. | 77000 | 39489 |
|  | Taiyen Biotech Co. Ltd. | 28000 | 27532 |
|  | TCI Co. Ltd. | 18000 | 83695 |
|  | Team Group, Inc. | 5000 | 11482 |
|  # | Teco Electric & Machinery Co. Ltd. | 158000 | 242136 |
|  | Test Research, Inc. | 6000 | 20111 |
|  | Test Rite International Co. Ltd. | 44000 | 28048 |
|  | Thermaltake Technology Co. Ltd. | 13000 | 11261 |
|  | Thinking Electronic Industrial Co. Ltd. | 5000 | 20011 |
|  | Thye Ming Industrial Co. Ltd. | 20000 | 44851 |
|  †† | Ting Sin Co. Ltd. | 385 | 10 |
|  | Ton Yi Industrial Corp. | 170000 | 96263 |
|  | Tong Hsing Electronic Industries Ltd. | 27460 | 91016 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Tong Yang Industry Co. Ltd. | 15000 | $61721 |
|  | Tong-Tai Machine & Tool Co. Ltd. | 27000 | 21114 |
|  | Top Union Electronics Corp. | 19185 | 19575 |
|  | Topco Technologies Corp. | 8999 | 18196 |
|  | Topkey Corp. | 12000 | 68146 |
|  | Topoint Technology Co. Ltd. | 23000 | 19338 |
|  | Toung Loong Textile Manufacturing | 27540 | 14881 |
|  # | Transcend Information, Inc. | 38000 | 119443 |
|  | Tripod Technology Corp. | 45000 | 259818 |
|  | Tsann Kuen Enterprise Co. Ltd. | 14032 | 11688 |
|  | TSC Auto ID Technology Co. Ltd. | 4399 | 25483 |
|  | TSEC Corp. | 57000 | 27934 |
|  | TSRC Corp. | 50000 | 29317 |
|  | Tung Ho Steel Enterprise Corp. | 84190 | 170021 |
|  | Tung Ho Textile Co. Ltd. | 29000 | 17116 |
|  | TURVO International Co. Ltd. | 5000 | 27277 |
|  # | TYC Brother Industrial Co. Ltd. | 42000 | 63582 |
|  | Tyntek Corp. | 44000 | 21942 |
|  | UDE Corp. | 10000 | 25624 |
|  | Ultra Chip, Inc. | 8000 | 14597 |
|  | U-Ming Marine Transport Corp. | 84000 | 137956 |
|  | Unic Technology Corp. | 29000 | 26681 |
|  | Unimicron Technology Corp. | 123000 | 362858 |
|  | Union Bank of Taiwan **.** | 356270 | 185397 |
|  \* | Union Insurance Co. Ltd. | 12000 | 10867 |
|  | Unitech Computer Co. Ltd. | 20000 | 24082 |
|  \* | Unitech Printed Circuit Board Corp. | 126047 | 95451 |
|  \* | United Alloy-Tech Co. | 11000 | 15980 |
|  | United Orthopedic Corp. | 10000 | 27951 |
|  | United Radiant Technology | 21000 | 14418 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  \* | United Renewable Energy Co. Ltd. | 144000 | $38732 |
|  \*†† | Unity Opto Technology Co. Ltd. | 91000 | 0 |
|  | Univacco Technology, Inc. | 11000 | 16933 |
|  | Universal Cement Corp. | 80136 | 70147 |
|  | UPC Technology Corp. | 147664 | 38474 |
|  | UPI Semiconductor Corp. | 9000 | 51738 |
|  | USI Corp. | 129091 | 41254 |
|  | Utechzone Co. Ltd. | 5000 | 14542 |
|  | Value Valves Co. Ltd. | 4000 | 10707 |
|  | Ve Wong Corp. | 16000 | 19082 |
|  # | Ventec International Group Co. Ltd. | 10000 | 21258 |
|  | Wafer Works Corp. | 98068 | 61791 |
|  | Wah Hong Industrial Corp. | 15000 | 15572 |
|  | Wah Lee Industrial Corp. | 34680 | 103242 |
|  | Walsin Lihwa Corp. | 514000 | 332972 |
|  | Walsin Technology Corp. | 37000 | 90904 |
|  | WEI Chih Steel Industrial Co. Ltd. | 31000 | 17733 |
|  | Weikeng Industrial Co. Ltd.. | 71661 | 73536 |
|  | Well Shin Technology Co. Ltd.. | 18000 | 32849 |
|  | WELLELL, Inc. | 9000 | 6206 |
|  \* | Wha Yu Industrial Co. Ltd. | 18000 | 8451 |
|  \* | Win Semiconductors Corp. | 16000 | 45367 |
|  #\* | Winbond Electronics Corp. | 581250 | 288125 |
|  | Winstek Semiconductor Co. Ltd. | 9000 | 25434 |
|  # | Wisdom Marine Lines Co. Ltd. | 86000 | 162690 |
|  | Wistron NeWeb Corp. | 12000 | 47325 |
|  | WITS Corp. | 5000 | 15642 |
|  | Wonderful Hi-Tech Co. Ltd. | 11000 | 12583 |
|  | WPG Holdings Ltd. | 280000 | 593203 |
|  | WT Microelectronics Co. Ltd. | 98000 | 358981 |
|  \* | XAC Automation Corp. | 19000 | 15701 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Xxentria Technology Materials Corp. | 12000 | $19058 |
|  | Ya Horng Electronic Co. Ltd. | 9000 | 16705 |
|  | YC INOX Co. Ltd. | 79249 | 52747 |
|  | YCC Parts Manufacturing Co. Ltd. | 9000 | 14845 |
|  | Yea Shin International Development Co. Ltd. | 39397 | 41933 |
|  | Yem Chio Co. Ltd. | 92350 | 46592 |
|  | YFC-Boneagle Electric Co. Ltd. | 15639 | 10766 |
|  | YFY, Inc. | 234000 | 191079 |
|  | Yieh Phui Enterprise Co. Ltd. | 104186 | 51538 |
|  | Youngtek Electronics Corp. | 24000 | 46354 |
|  | Yuanta Futures Co. Ltd. | 12213 | 31417 |
|  | Yuen Foong Yu Consumer Products Co. Ltd. | 9000 | 11619 |
|  | Yulon Motor Co. Ltd. | 99264 | 122256 |
|  | Yung Chi Paint & Varnish Manufacturing Co. Ltd. | 13000 | 30627 |
|  | YungShin Global Holding Corp. | 29000 | 59478 |
|  | Zeng Hsing Industrial Co. Ltd. | 9669 | 30106 |
|  | Zenitron Corp. | 27000 | 26857 |
|  | Zhen Ding Technology Holding Ltd. | 119000 | 364546 |
|  \* | Zig Sheng Industrial Co. Ltd. | 111000 | 33300 |
|  | Zippy Technology Corp. | 9000 | 14977 |
|  | Zyxel Group Corp. | 57488 | 54110 |
|  TOTAL TAIWAN | TOTAL TAIWAN |  | 32597704 |
|  THAILAND — (0.3%) | THAILAND — (0.3%) |  |  |
|  | Advanced Information Technology PCL, Class F | 168000 | 20821 |
|  | Allianz Ayudhya Capital PCL | 11000 | 10949 |
|  | Amata Corp. PCL | 86800 | 38456 |
|  | AP Thailand PCL | 427100 | 102284 |
|  | Asia Plus Group Holdings PCL | 364300 | 21048 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | Asian Insulators PCL | 77450 | $7790 |
|  | Asian Sea Corp. PCL | 38500 | 8874 |
|  | Bangchak Corp. PCL | 194900 | 208582 |
|  | Bangchak Sriracha PCL | 40300 | 6334 |
|  | Bangkok Land PCL | 1885500 | 23142 |
|  \* | Bangkok Ranch PCL | 119400 | 5719 |
|  | Banpu PCL | 1265532 | 162903 |
|  | BEC World PCL | 128200 | 15504 |
|  | Berli Jucker PCL | 150600 | 107298 |
|  | BKI Holdings PCL | 16100 | 135914 |
|  # | Cal-Comp Electronics Thailand PCL, Class F | 234044 | 41687 |
|  \* | Country Group Development PCL | 992900 | 5945 |
|  | Dhipaya Group Holdings PCL | 31600 | 18257 |
|  | Don Muang Tollway PCL | 30800 | 9312 |
|  \* | Energy Absolute PCL | 448600 | 29275 |
|  | Frasers Property Thailand PCL | 48300 | 9471 |
|  | GFPT PCL | 114300 | 34559 |
|  | Global Green Chemicals PCL | 86200 | 11715 |
|  | Hana Microelectronics PCL | 88700 | 51247 |
|  | IRPC PCL | 509100 | 13259 |
|  | KGI Securities Thailand PCL | 250300 | 29522 |
|  | Kiatnakin Phatra Bank PCL | 38600 | 57776 |
|  | Lalin Property PCL | 107600 | 16105 |
|  | Lam Soon Thailand PCL | 56200 | 7873 |
|  \* | Mermaid Maritime PCL | 51800 | 4129 |
|  | MK Restaurants Group PCL | 68600 | 39018 |
|  | Northeast Rubber PCL | 180000 | 22092 |
|  | Polyplex Thailand PCL | 85200 | 27801 |
|  | Precious Shipping PCL | 122800 | 21689 |
|  | Prima Marine PCL | 195700 | 34857 |
|  | Property Perfect PCL | 2489056 | 8196 |
|  | PTT Global Chemical PCL | 166200 | 86073 |
|  | Ramkhamhaeng Hospital PCL | 20300 | 10999 |
|  | Rojana Industrial Park PCL | 220300 | 38580 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | S Hotels & Resorts PCL | 142900 | $7272 |
|  \* | Samart Corp. PCL | 50300 | 10465 |
|  | Sansiri PCL | 2197100 | 91422 |
|  | SC Asset Corp. PCL | 339100 | 23551 |
|  †† | SCG Ceramics PCL | 308500 | 1755 |
|  | Siamgas & Petrochemicals PCL | 83800 | 17435 |
|  \* | SNC Former PCL | 53600 | 10189 |
|  | SPCG PCL | 88600 | 20953 |
|  | Sri Trang Agro-Industry PCL | 152900 | 61792 |
|  | Sri Trang Gloves Thailand PCL | 179000 | 36973 |
|  | Srithai Superware PCL | 235400 | 7822 |
|  | Star Petroleum Refining PCL | 181300 | 29579 |
|  \* | Stella X PCL | 2167200 | 12975 |
|  | Supalai PCL | 252825 | 119582 |
|  \* | Super Energy Corp. PCL | 5131000 | 21504 |
|  \* | Tata Steel Thailand PCL | 749600 | 15708 |
|  | Thai Oil PCL | 203910 | 163287 |
|  | Thai Union Group PCL | 286800 | 92724 |
|  #\* | Thaicom PCL | 123400 | 33616 |
|  \* | Thonburi Healthcare Group PCL | 55400 | 16087 |
|  | Thoresen Thai Agencies PCL | 96300 | 11877 |
|  | Tipco Asphalt PCL (TASCO/F TB) | 76000 | 34127 |
|  | TPI Polene PCL | 654800 | 18426 |
|  | Triple i Logistics PCL | 97600 | 13674 |
|  | Vanachai Group PCL | 89800 | 5807 |
|  \* | Workpoint Entertainment PCL | 20800 | 2827 |
|  TOTAL THAILAND | TOTAL THAILAND |  | 2386484 |
|  TURKEY — (0.1%) | TURKEY — (0.1%) |  |  |
|  | Akcansa Cimento AS | 2596 | 9484 |
|  | Aksa Akrilik Kimya Sanayii AS | 49968 | 12431 |
|  | Albaraka Turk Katilim Bankasi AS | 310912 | 48750 |
|  \* | Alcatel-Lucent Teletas Telekomunikasyon AS | 2850 | 7365 |
|  | Anadolu Anonim Turk Sigorta Sirketi | 13186 | 29984 |

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  | Anadolu Efes Biracilik Ve Malt Sanayii AS | 7683 | $31952 |
|  | Anadolu Hayat Emeklilik AS | 11468 | 23957 |
|  | Aygaz AS | 6107 | 20323 |
|  \* | Bera Holding AS | 140066 | 53016 |
|  \* | Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret AS | 2327 | 22047 |
|  | Bursa Cimento Fabrikasi AS | 156049 | 31107 |
|  | Cemtas Celik Makina Sanayi Ve Ticaret AS | 69120 | 30523 |
|  | Cimsa Cimento Sanayi VE Ticaret AS | 27683 | 33807 |
|  \* | Esenboga Elektrik Uretim AS | 14153 | 15173 |
|  | Global Yatirim Holding AS | 225200 | 43145 |
|  | Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS | 57030 | 9898 |
|  | Is Yatirim Menkul Degerler AS | 30125 | 28237 |
|  \* | Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS (KRDMA TI), Class A | 74149 | 74736 |
|  \* | Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS (KRDMD TI), Class D | 170857 | 103721 |
|  \* | Kordsa Teknik Tekstil AS | 15368 | 22041 |
|  #\* | Petkim Petrokimya Holding AS | 85208 | 35911 |
|  \* | Reysas Tasimacilik ve Lojistik Ticaret AS | 60744 | 23325 |
|  | Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS | 11877 | 5815 |
|  | Sekerbank Turk AS | 257072 | 34711 |
|  | Selcuk Ecza Deposu Ticaret ve Sanayi AS | 12592 | 21063 |
|  \* | Tekfen Holding AS | 12587 | 44835 |
|  | Turkiye Sigorta AS | 86153 | 39250 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  \* | Ulker Biskuvi Sanayi AS | 4899 | $13625 |
|  \* | Vestel Elektronik Sanayi ve Ticaret AS | 13751 | 14496 |
|  \* | Zorlu Enerji Elektrik Uretim AS | 195804 | 16321 |
|  TOTAL TURKEY | TOTAL TURKEY |  | 901049 |
|  UNITED ARAB EMIRATES — (0.4%) | UNITED ARAB EMIRATES — (0.4%) |  |  |
|  | Abu Dhabi Commercial Bank PJSC | 12967 | 41091 |
|  | Abu Dhabi National Hotels | 1272008 | 180343 |
|  \* | Abu Dhabi Ports Co. PJSC | 136205 | 147419 |
|  | Agility Global PLC | 709268 | 237208 |
|  | Agthia Group PJSC | 28620 | 35234 |
|  | Ajman Bank PJSC | 36368 | 14956 |
|  | Amanat Holdings PJSC | 220573 | 64826 |
|  \* | Aramex PJSC | 56326 | 42657 |
|  \* | Bank of Sharjah | 73344 | 18335 |
|  | Dana Gas PJSC | 1058235 | 214666 |
|  | Deyaar Development PJSC | 379056 | 95221 |
|  | Dubai Financial Market PJSC | 214538 | 80045 |
|  | Dubai Investments PJSC | 448790 | 283900 |
|  | Dubai Islamic Bank PJSC | 340966 | 702489 |
|  | Emaar Development PJSC | 112658 | 410551 |
|  | Emaar Properties PJSC | 9451 | 33771 |
|  \* | EMSTEEL Building Materials PJSC | 272993 | 86311 |
|  \* | Manazel PJSC | 339566 | 32634 |
|  | National Central Cooling Co. PJSC | 34895 | 25081 |
|  \* | RAK Properties PJSC | 242210 | 83892 |
|  | Ras Al Khaimah Ceramics PJSC | 90792 | 61517 |
|  \* | Union Properties PJSC | 502430 | 77949 |
|  TOTAL UNITED ARAB EMIRATES | TOTAL UNITED ARAB EMIRATES |  | 2970096 |
|  UNITED KINGDOM — (9.7%) | UNITED KINGDOM — (9.7%) |  |  |
|  \* | Accesso Technology Group PLC | 12899 | 81934 |

---

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##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |  |  |
|  | Advanced Medical Solutions Group PLC | 46372 | $119482 |
|  | AG Barr PLC | 25691 | 237726 |
|  | Allfunds Group PLC | 57686 | 325662 |
|  \* | Alliance Pharma PLC | 336260 | 289914 |
|  | Anglogold Ashanti PLC (AU US) | 40851 | 1722278 |
|  | Ashmore Group PLC | 47976 | 92711 |
|  | Atalaya Mining Copper SA | 17837 | 86981 |
|  \* | Auction Technology Group PLC | 6402 | 49854 |
|  | Avon Technologies PLC | 7182 | 130549 |
|  W | Bakkavor Group PLC | 66402 | 152546 |
|  | Balfour Beatty PLC | 184807 | 1130349 |
|  | Barratt Redrow PLC | 512245 | 3193440 |
|  | Beazley PLC | 157760 | 1869246 |
|  | Begbies Traynor Group PLC | 22710 | 27734 |
|  | Bellway PLC | 38230 | 1372523 |
|  | Berkeley Group Holdings PLC | 13004 | 724886 |
|  | Bloomsbury Publishing PLC | 23004 | 183044 |
|  | Bodycote PLC | 3811 | 24237 |
|  #\* | boohoo Group PLC | 179212 | 51725 |
|  | Breedon Group PLC | 89848 | 516915 |
|  # | Brooks Macdonald Group PLC | 4090 | 79860 |
|  \* | Capita PLC | 4614 | 11317 |
|  | Capital Ltd. | 44660 | 40154 |
|  | Card Factory PLC | 91534 | 116008 |
|  | Carr's Group PLC | 21628 | 36813 |
|  | Castings PLC | 4281 | 14629 |
|  | Centaur Media PLC | 16082 | 5243 |
|  | Central Asia Metals PLC | 34290 | 70360 |
|  | Centrica PLC | 1664091 | 3562872 |
|  | Chemring Group PLC | 72138 | 385314 |
|  | Chesnara PLC | 29922 | 102712 |
|  \* | Close Brothers Group PLC | 11462 | 49845 |
|  W | CMC Markets PLC | 23524 | 76371 |
|  | Conduit Holdings Ltd. | 6872 | 31632 |
|  | Costain Group PLC | 71767 | 105118 |
|  | Cranswick PLC | 8024 | 555348 |
|  | Crest Nicholson Holdings PLC | 45246 | 108977 |
|  | Croda International PLC | 11671 | 460698 |
|  \* | Currys PLC | 765195 | 1134049 |
|  \* | DFS Furniture PLC | 52954 | 103165 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |  |  |
|  \* | Dialight PLC | 7087 | $10097 |
|  | Direct Line Insurance Group PLC | 276919 | 1045923 |
|  | DiscoverIE Group PLC | 24510 | 185755 |
|  | Diversified Energy Co. PLC (DEC LN) | 2073 | 26117 |
|  | Dowlais Group PLC | 46616 | 36166 |
|  | Dr. Martens PLC | 88180 | 64992 |
|  | Drax Group PLC | 112465 | 927718 |
|  | easyJet PLC | 72083 | 477914 |
|  | Elementis PLC | 210157 | 353237 |
|  | Endeavour Mining PLC | 43136 | 1168679 |
|  \* | EnQuest PLC | 295855 | 53774 |
|  | Entain PLC | 47382 | 405065 |
|  | Epwin Group PLC | 13108 | 16170 |
|  | Firstgroup PLC | 245111 | 565374 |
|  | Flowtech Fluidpower PLC | 7489 | 5353 |
|  W | Forterra PLC | 38017 | 94776 |
|  | Foxtons Group PLC | 108086 | 85402 |
|  \* | Frasers Group PLC | 10215 | 90321 |
|  | Fresnillo PLC | 51284 | 687337 |
|  \* | Frontier Developments PLC | 3815 | 10212 |
|  | Fuller Smith & Turner PLC, Class A | 11027 | 82794 |
|  \* | Fund Technologies PLC | 2993 | 71229 |
|  | Future PLC | 2874 | 27332 |
|  | Galliford Try Holdings PLC | 29015 | 150941 |
|  | GB Group PLC | 68255 | 223690 |
|  | Genuit Group PLC | 80123 | 408010 |
|  | Genus PLC | 6977 | 171454 |
|  \* | Georgia Capital PLC | 13296 | 288066 |
|  | Gooch & Housego PLC | 4041 | 20301 |
|  | Goodwin PLC | 372 | 33664 |
|  | Grainger PLC | 103192 | 296052 |
|  \* | Griffin Mining Ltd. | 5698 | 14520 |
|  | Gulf Keystone Petroleum Ltd. | 119124 | 244122 |
|  \* | Gulf Marine Services PLC | 55013 | 12548 |
|  \*W | Gym Group PLC | 57218 | 110308 |
|  | H&T Group PLC | 15070 | 82120 |
|  | Halfords Group PLC | 42184 | 87320 |
|  | Harbour Energy PLC | 79183 | 161828 |
|  | Hargreaves Services PLC | 7040 | 57552 |
|  | Harworth Group PLC | 35731 | 83704 |
|  | Hays PLC | 63109 | 60288 |
|  | Helical PLC | 20917 | 60256 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |  |  |
|  | Henry Boot PLC | 24425 | $70978 |
|  | Hill & Smith PLC | 39 | 938 |
|  | Hiscox Ltd. | 87828 | 1292623 |
|  \* | Hochschild Mining PLC | 102345 | 385400 |
|  | Hunting PLC | 44485 | 153490 |
|  W | Ibstock PLC | 92007 | 221000 |
|  | IG Group Holdings PLC | 4259 | 60703 |
|  | Inchcape PLC | 94027 | 842537 |
|  | International Distribution Services PLC | 189152 | 924380 |
|  | International Paper Co. | 38767 | 1763543 |
|  | Investec PLC | 200205 | 1257118 |
|  | ITV PLC | 978292 | 1054396 |
|  | J D Wetherspoon PLC | 9450 | 82637 |
|  | J Sainsbury PLC | 531830 | 1890184 |
|  \* | James Fisher & Sons PLC | 12277 | 49602 |
|  | JD Sports Fashion PLC | 207899 | 218877 |
|  | JET2 PLC | 2505 | 53010 |
|  \* | John Wood Group PLC | 194974 | 47980 |
|  | Johnson Matthey PLC | 31836 | 548136 |
|  | Johnson Service Group PLC | 123460 | 231198 |
|  | Jupiter Fund Management PLC | 120501 | 116478 |
|  | Just Group PLC | 337292 | 636192 |
|  | Keller Group PLC | 38494 | 733011 |
|  | Kier Group PLC | 121707 | 236625 |
|  | Kingfisher PLC | 587635 | 2258573 |
|  | Kitwave Group PLC | 6746 | 26832 |
|  | Knights Group Holdings PLC | 8419 | 15166 |
|  | Lancashire Holdings Ltd. | 70702 | 532181 |
|  | Lion Finance Group PLC | 13268 | 1064265 |
|  | Liontrust Asset Management PLC | 8024 | 35328 |
|  | London Investment Group PLC | 9126 | 43514 |
|  | Macfarlane Group PLC | 49928 | 69080 |
|  | Man Group PLC | 249859 | 545357 |
|  | Marks & Spencer Group PLC | 447168 | 2323728 |
|  | Marshalls PLC | 45572 | 170919 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |  |  |
|  \* | Marston's PLC | 333418 | $160447 |
|  | Mears Group PLC | 41476 | 214700 |
|  \* | Mitchells & Butlers PLC | 177157 | 587927 |
|  | MJ Gleeson PLC | 13829 | 93564 |
|  \* | Mobico Group PLC | 101804 | 42273 |
|  | Mondi PLC | 119950 | 1820737 |
|  | Morgan Advanced Materials PLC | 58901 | 154650 |
|  | Morgan Sindall Group PLC | 13469 | 636670 |
|  | MP Evans Group PLC | 11582 | 156325 |
|  | NCC Group PLC | 80607 | 157715 |
|  #\*,\* | Nexxen International Ltd. | 9960 | 104697 |
|  | Norcros PLC | 25348 | 82144 |
|  \* | Ocado Group PLC | 62336 | 235509 |
|  W | On the Beach Group PLC | 12243 | 43267 |
|  | OSB Group PLC | 119548 | 759877 |
|  \* | Oxford Biomedica PLC | 4168 | 16061 |
|  | Pan African Resources PLC | 465482 | 276122 |
|  # | Pearson PLC (PSO US), Sponsored ADR | 18663 | 303274 |
|  | Persimmon PLC | 88805 | 1536857 |
|  | Pets at Home Group PLC | 141097 | 446870 |
|  | Pharos Energy PLC | 110849 | 28156 |
|  | Phoenix Group Holdings PLC | 82960 | 663708 |
|  \* | Pinewood Technologies Group PLC | 12375 | 59736 |
|  \* | Playtech PLC | 74007 | 751049 |
|  | Porvair PLC | 8409 | 83185 |
|  | PPHE Hotel Group Ltd. | 3492 | 58142 |
|  | Premier Foods PLC | 232062 | 615246 |
|  | QinetiQ Group PLC | 74640 | 392874 |
|  | Rank Group PLC | 84921 | 96866 |
|  | Reach PLC | 211894 | 214794 |
|  | Renewi PLC | 14885 | 170841 |
|  | RWS Holdings PLC | 41079 | 36706 |
|  #\* | S4 Capital PLC | 66612 | 24146 |
|  W | Sabre Insurance Group PLC | 57957 | 97711 |
|  \* | Saga PLC | 20357 | 35559 |
|  \* | Savannah Energy PLC | 281630 | 27211 |
|  | Savills PLC | 42347 | 525143 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |  |  |
|  | Schroders PLC | 122972 | $541837 |
|  | Secure Trust Bank PLC | 17 | 134 |
|  | Senior PLC | 117044 | 216152 |
|  | Serco Group PLC | 305215 | 700458 |
|  | Serica Energy PLC | 21096 | 35810 |
|  \* | Sigmaroc PLC | 60287 | 73017 |
|  | Spectris PLC | 10357 | 277260 |
|  W | Spire Healthcare Group PLC | 54784 | 141651 |
|  | SThree PLC | 13000 | 42264 |
|  \*†† | Studio Retail Group PLC | 11240 | 0 |
|  \* | Synthomer PLC | 30457 | 33495 |
|  | Tate & Lyle PLC | 81859 | 610095 |
|  | Taylor Wimpey PLC | 841311 | 1321958 |
|  | TBC Bank Group PLC | 13433 | 849564 |
|  | Team Internet Group PLC | 26312 | 19970 |
|  \* | THG PLC | 218910 | 72264 |
|  | TORM PLC, Class A | 11105 | 185077 |
|  | TP ICAP Group PLC | 348115 | 1195406 |
|  | Travis Perkins PLC | 64004 | 477766 |
|  | Treatt PLC | 6350 | 21642 |
|  | TT Electronics PLC | 65790 | 64091 |
|  | Vertu Motors PLC | 110788 | 91199 |
|  | Vesuvius PLC | 74859 | 341926 |
|  | Victrex PLC | 8163 | 90609 |
|  \* | Vistry Group PLC | 118116 | 995829 |
|  | Volex PLC | 3494 | 11888 |
|  | Vp PLC | 3924 | 30886 |
|  \*W | Watches of Switzerland Group PLC | 37764 | 179674 |
|  \* | Watkin Jones PLC | 35474 | 14959 |
|  | Whitbread PLC | 21684 | 753108 |
|  # | WPP PLC (WPP US), Sponsored ADR | 21279 | 820518 |
|  \* | Xaar PLC | 20729 | 28769 |
|  # | Young & Co.'s Brewery PLC (YNGA LN), Class A | 5710 | 67133 |
|  | Young & Co.'s Brewery PLC (YNGN LN) | 216 | 1691 |
|  | Zigup PLC | 74561 | 311329 |
|  | Zotefoams PLC | 8589 | 28300 |
|  TOTAL UNITED KINGDOM | TOTAL UNITED KINGDOM |  | 70807169 |

---

---

| | | | |
|:---|:---|:---|:---|
| **`** |  | **Shares** | **Value»** |
|  UNITED STATES — (0.0%) | UNITED STATES — (0.0%) |  |  |
|  \* | ADTRAN Holdings, Inc. | 9022 | $69159 |
|  | Alcoa Corp., CDI | 5678 | 141519 |
|  TOTAL UNITED STATES | TOTAL UNITED STATES |  | 210678 |
|  TOTAL COMMON STOCKS | TOTAL COMMON STOCKS |  | 716500734 |
|  PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) |  |  |
|  BRAZIL — (0.1%) | BRAZIL — (0.1%) |  |  |
|  | Alpargatas SA, 1.438% | 8400 | 10953 |
|  | Banco ABC Brasil SA, 7.581% | 27390 | 104731 |
|  W | Banco BMG SA, 10.131% | 30400 | 20409 |
|  | Banco do Estado do Rio Grande do Sul SA, 9.502% | 67206 | 136185 |
|  | Banco Pan SA, 3.173% | 25165 | 33745 |
|  | Banco Pine SA, 10.291% | 12348 | 10444 |
|  | Cia de Ferro Ligas da Bahia FERBASA, 7.259% | 31600 | 40369 |
|  | Eucatex SA Industria e Comercio, 5.851% | 14000 | 31009 |
|  | Grazziotin SA, 9.656% | 1681 | 8240 |
|  | Raizen SA, 0.553% | 220100 | 70197 |
|  | Randon SA Implementos e Participacoes, 4.054% | 39954 | 63150 |
|  | Schulz SA, 7.575% | 9400 | 9077 |
|  | Taurus Armas SA, 5.969% | 8800 | 13149 |
|  \* | Usinas Siderurgicas de Minas Gerais SA Usiminas | 76300 | 74348 |
|  TOTAL BRAZIL | TOTAL BRAZIL |  | 626006 |
|  COLOMBIA — (0.0%) | COLOMBIA — (0.0%) |  |  |
|  | Grupo Aval Acciones y Valores SA, 3.937% | 122690 | 16666 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
| **`** |  | **Shares** | **Value»** |
|  COLOMBIA — (Continued) | COLOMBIA — (Continued) |  |  |
|  | Grupo de Inversiones Suramericana SA, 3.782% | 24923 | $222242 |
|  TOTAL COLOMBIA | TOTAL COLOMBIA |  | 238908 |
|  GERMANY — (0.2%) | GERMANY — (0.2%) |  |  |
|  | Draegerwerk AG & Co. KGaA, 3.010% | 1767 | 120404 |
|  | Einhell Germany AG, 1.478% | 999 | 74577 |
|  | FUCHS SE, 2.506% | 3976 | 199367 |
|  | Jungheinrich AG, 2.370% | 10257 | 372768 |
|  | Porsche Automobil Holding SE, 7.072% | 6162 | 254065 |
|  | Sixt SE, 6.712% | 4534 | 301967 |
|  | STO SE & Co. KGaA, 3.994% | 583 | 83375 |
|  | Villeroy & Boch AG, 6.140% | 889 | 17425 |
|  TOTAL GERMANY | TOTAL GERMANY |  | 1423948 |
|  PHILIPPINES — (0.0%) | PHILIPPINES — (0.0%) |  |  |
|  | Cebu Air, Inc., 6.000% | 22520 | 15342 |
|  TOTAL PREFERRED STOCKS | TOTAL PREFERRED STOCKS |  | 2304204 |
|  RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |  |  |
|  AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) |  |  |
|  \*†† | Wiluna Mining Corp. Ltd. | 13267 | 323 |
|  BRAZIL — (0.0%) | BRAZIL — (0.0%) |  |  |
|  \* | Banco Pine SA Warrants 12/31/2049 | 24 | 3 |
|  ITALY — (0.0%) | ITALY — (0.0%) |  |  |
|  \* | Fincantieri SpA Warrants 09/30/2026 | 8307 | 9957 |

---

---

| | | | |
|:---|:---|:---|:---|
| **`** |  | **Shares** | **Value»** |
|  ITALY — (Continued) | ITALY — (Continued) |  |  |
|  \* | Webuild SpA Warrants 08/02/2030 | 2669 | $0 |
|  TOTAL ITALY | TOTAL ITALY | TOTAL ITALY | 9957 |
|  PORTUGAL — (0.0%) | PORTUGAL — (0.0%) |  |  |
|  \* | EDP Renovaveis SA Rights 05/07/2025 | 32810 | 3345 |
|  SPAIN — (0.0%) | SPAIN — (0.0%) |  |  |
|  \* | Obrascon Huarte Lain SA Rights 05/15/2025 | 11137 | 59 |
|  THAILAND — (0.0%) | THAILAND — (0.0%) |  |  |
|  \* | Better World Green PCL Warrants | 172166 | 0 |
|  \* | Better World Green PCL Warrants 08/13/2025 | 172166 | 51 |
|  \* | MBK PCL Rights 05/16/2025 | 11690 | 280 |
|  \* | Northeast Rubber PCL Warrants 05/15/2026 | 30000 | 162 |
|  \* | VGI PCL Warrants 09/03/2025 | 64750 | 1396 |
|  TOTAL THAILAND | TOTAL THAILAND | TOTAL THAILAND | 1889 |
|  TOTAL RIGHTS/WARRANTS | TOTAL RIGHTS/WARRANTS |  | 15576 |
|  TOTAL INVESTMENT SECURITIES<br>(Cost $562,481,056) | TOTAL INVESTMENT SECURITIES<br>(Cost $562,481,056) |  | 718820514 |
|  |  |  | **Value†** |
|  SECURITIES LENDING COLLATERAL — (1.9%) | SECURITIES LENDING COLLATERAL — (1.9%) | SECURITIES LENDING COLLATERAL — (1.9%) |  |
|  @§ | The DFA Short Term Investment Fund | 1179077 | 13636021 |
|  TOTAL INVESTMENTS — (100.0%)<br>(Cost $576,118,700) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $576,118,700) |  | $732456535 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

As of April 30, 2025, World ex U.S. Targeted Value Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration<br>Date** | **Notional<br>Value** | **Market<br>Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Position Contracts:** |  |  |  |  |  |
|  S&P 500<sup>®</sup> Emini Index | 9 | 06/20/25 | $2346934 | $2514150 | $167216 |
|  **Total Futures Contracts** |  |  | $**2346934** | $**2514150** | $**167216** |

---

As of April 30, 2025, the value of Rule 144A securities amounted to $25,142,383 or 3.5% of net assets.

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Assets** |  |  |  |  |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Australia |  | $29081093 | $12351 | $29093444 |
| &nbsp;&nbsp;&nbsp; Austria |  | 5511074 |  | 5511074 |
| &nbsp;&nbsp;&nbsp; Belgium |  | 9272283 |  | 9272283 |
| &nbsp;&nbsp;&nbsp; Brazil | $5042772 |  |  | 5042772 |
| &nbsp;&nbsp;&nbsp; Canada | 58360610 | 677232 | 34 | 59037876 |
| &nbsp;&nbsp;&nbsp; Chile | 590286 |  |  | 590286 |
| &nbsp;&nbsp;&nbsp; China | 1064935 | 44547149 | 7762 | 45619846 |
| &nbsp;&nbsp;&nbsp; Colombia | 185428 |  |  | 185428 |
| &nbsp;&nbsp;&nbsp; Denmark |  | 15693207 |  | 15693207 |
| &nbsp;&nbsp;&nbsp; Finland |  | 12785898 |  | 12785898 |
| &nbsp;&nbsp;&nbsp; France |  | 29073428 |  | 29073428 |
| &nbsp;&nbsp;&nbsp; Germany |  | 28326255 |  | 28326255 |
| &nbsp;&nbsp;&nbsp; Greece |  | 630678 |  | 630678 |
| &nbsp;&nbsp;&nbsp; Greenland |  | 24431 |  | 24431 |
| &nbsp;&nbsp;&nbsp; Hong Kong |  | 10950278 | 17104 | 10967382 |
| &nbsp;&nbsp;&nbsp; Hungary |  | 360223 |  | 360223 |
| &nbsp;&nbsp;&nbsp; India | 62883 | 41372361 |  | 41435244 |
| &nbsp;&nbsp;&nbsp; Indonesia |  | 3075938 | 4538 | 3080476 |
| &nbsp;&nbsp;&nbsp; Ireland | 134170 | 9816766 |  | 9950936 |
| &nbsp;&nbsp;&nbsp; Israel | 244295 | 5382289 |  | 5626584 |
| &nbsp;&nbsp;&nbsp; Italy |  | 26454573 |  | 26454573 |
| &nbsp;&nbsp;&nbsp; Japan |  | 118722790 |  | 118722790 |
| &nbsp;&nbsp;&nbsp; Kuwait |  | 1298150 |  | 1298150 |
| &nbsp;&nbsp;&nbsp; Liechtenstein |  | 405720 |  | 405720 |
| &nbsp;&nbsp;&nbsp; Luxembourg | 444355 | 1356092 |  | 1800447 |
| &nbsp;&nbsp;&nbsp; Malaysia |  | 3351718 | 13 | 3351731 |
| &nbsp;&nbsp;&nbsp; Mexico | 3716448 | 6954 |  | 3723402 |
| &nbsp;&nbsp;&nbsp; Netherlands | 980899 | 19405301 |  | 20386200 |
| &nbsp;&nbsp;&nbsp; New Zealand |  | 1349475 |  | 1349475 |
| &nbsp;&nbsp;&nbsp; Norway | 26609 | 2965110 | 8009 | 2999728 |
| &nbsp;&nbsp;&nbsp; Philippines |  | 1029212 | 959 | 1030171 |
| &nbsp;&nbsp;&nbsp; Poland |  | 2477406 |  | 2477406 |
| &nbsp;&nbsp;&nbsp; Portugal |  | 2907910 |  | 2907910 |
| &nbsp;&nbsp;&nbsp; Qatar |  | 1734453 |  | 1734453 |
| &nbsp;&nbsp;&nbsp; Saudi Arabia | 38776 | 6850908 |  | 6889684 |
| &nbsp;&nbsp;&nbsp; Singapore |  | 4846216 |  | 4846216 |

---

------

##### [**Table of Contents**](#toc)
**WORLD EX U.S. TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| &nbsp;&nbsp;&nbsp; South Africa | $828878 | $5196178 |  | $6025056 |
| &nbsp;&nbsp;&nbsp; South Korea | 13512 | 20298380 | $5675 | 20317567 |
| &nbsp;&nbsp;&nbsp; Spain |  | 15944128 |  | 15944128 |
| &nbsp;&nbsp;&nbsp; Sweden | 371701 | 15088056 |  | 15459757 |
| &nbsp;&nbsp;&nbsp; Switzerland |  | 36195239 |  | 36195239 |
| &nbsp;&nbsp;&nbsp; Taiwan |  | 32595660 | 2044 | 32597704 |
| &nbsp;&nbsp;&nbsp; Thailand |  | 2384729 | 1755 | 2386484 |
| &nbsp;&nbsp;&nbsp; Turkey |  | 901049 |  | 901049 |
| &nbsp;&nbsp;&nbsp; United Arab Emirates |  | 2970096 |  | 2970096 |
| &nbsp;&nbsp;&nbsp; United Kingdom | 4069903 | 66737266 |  | 70807169 |
| &nbsp;&nbsp;&nbsp; United States |  | 210678 |  | 210678 |
|  Preferred Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Brazil | 626006 |  |  | 626006 |
| &nbsp;&nbsp;&nbsp; Colombia | 238908 |  |  | 238908 |
| &nbsp;&nbsp;&nbsp; Germany |  | 1423948 |  | 1423948 |
| &nbsp;&nbsp;&nbsp; Philippines |  | 15342 |  | 15342 |
|  Rights/Warrants |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Australia |  |  | 323 | 323 |
| &nbsp;&nbsp;&nbsp; Brazil |  | 3 |  | 3 |
| &nbsp;&nbsp;&nbsp; Italy |  | 9957 |  | 9957 |
| &nbsp;&nbsp;&nbsp; Portugal |  | 3345 |  | 3345 |
| &nbsp;&nbsp;&nbsp; Spain |  | 59 |  | 59 |
| &nbsp;&nbsp;&nbsp; Thailand |  | 1889 |  | 1889 |
|  Securities Lending Collateral |  | 13636021 |  | 13636021 |
|  Total Investments in Securities | $77041374 | $655354594 | $60,567<> | $732456535 |
|  **Financial Instruments** |  |  |  |  |
|  **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Futures Contracts\*\* | 167216 |  |  | 167216 |
|  Total Financial Instruments | $167216 |  |  | $167216 |

---

\*\* Valued at the unrealized appreciation/(depreciation) on the investment.

---

| | |
|:---|:---|
| <> | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.  |

---

See accompanying Notes to Financial Statements.

------

##### [**Table of Contents**](#toc)
**WORLD CORE EQUITY PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value†** |
|  AFFILIATED INVESTMENT COMPANIES — (100.0%) |  |  |
|  DOMESTIC EQUITIES — (61.8%) |  |  |
|  U.S. Core Equity 1 Portfolio | 17107075 | $695915801 |
|  INTERNATIONAL EQUITIES — (38.2%) |  |  |
|  International Core Equity 2 Portfolio | 17592495 | 302063135 |
|  Emerging Markets Core Equity 2 Portfolio | 5441934 | 128647335 |
|  TOTAL INTERNATIONAL EQUITIES |  | 430710470 |
|  TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES<br>(Cost $638,875,692) |  | $1126626271 |
|  TEMPORARY CASH INVESTMENTS — (0.0%) |  |  |
|  <sub> ![LOGO](g911082dsp7a.jpg) </sub> State Street Institutional U.S. Government Money Market Fund, 4.290%<br>(Cost $13,046) | 13046 | 13046 |
|  TOTAL INVESTMENTS — (100.0%)<br>(Cost $638,888,738) |  | $1126639317 |

---

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Assets** |  |  |  |  |
|  Affiliated Investment Companies | $1126626271 |  |  | $1126626271 |
|  Temporary Cash Investments | 13046 |  |  | 13046 |
|  Total Investments in Securities | $1126639317 |  |  | $1126639317 |

---

See accompanying Notes to Financial Statements.

------

##### [**Table of Contents**](#toc)
**SELECTIVELY HEDGED GLOBAL EQUITY PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value†** |
|  AFFILIATED INVESTMENT COMPANIES — (100.0%) |  |  |
|  DOMESTIC EQUITIES — (57.3%) |  |  |
|  U.S. Core Equity 2 Portfolio | 4653859 | $168236995 |
|  INTERNATIONAL EQUITIES — (42.7%) |  |  |
|  International Core Equity 2 Portfolio | 4337636 | 74477208 |
|  Emerging Markets Core Equity 2 Portfolio | 2145939 | 50730015 |
|  TOTAL INTERNATIONAL EQUITIES |  | 125207223 |
|  TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES<br>(Cost $152,952,383) |  | $293444218 |

---

As of April 30, 2025, Selectively Hedged Global Equity Portfolio had entered into the following forward currency contracts and the net unrealized forward currency gain (loss) is reflected in the accompanying financial statements:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Currency Purchased** | **Currency Purchased** | **Currency Sold** | **Currency Sold** | **Counterparty** | **Settlement** <br>**Date** | **Unrealized<br>Foreign<br>Exchange<br>Appreciation<br>(Depreciation)** |
|  CHF | 410000 | USD | 480007 | Bank of America Corp. | 05/07/25 | $16871 |
|  DKK | 2679000 | USD | 391555 | Citibank, N.A. | 05/09/25 | 15211 |
|  USD | 9774214 | HKD | 75749000 | Societe Generale | 05/15/25 | 6275 |
|  NOK | 387000 | USD | 35281 | Bank of America Corp. | 05/19/25 | 1918 |
|  NOK | 4985000 | USD | 473542 | Citibank, N.A. | 05/19/25 | 5632 |
|  USD | 14588355 | JPY | 2072071000 | HSBC Bank | 05/27/25 | 55518 |
|  NZD | 16000 | USD | 8884 | Citibank, N.A. | 06/25/25 | 636 |
|  USD | 1022535 | EUR | 899000 | Societe Generale | 06/25/25 | 896 |
|  EUR | 1903000 | USD | 2089597 | UBS AG | 06/25/25 | 74004 |
|  **Total Appreciation** | **Total Appreciation** | **Total Appreciation** |  |  |  | $**176961** |
|  USD | 5052233 | CHF | 4528000 | State Street Bank and Trust | 05/07/25 | $(435233) |
|  USD | 1803309 | DKK | 12967000 | Bank of America Corp. | 05/09/25 | (165535) |
|  USD | 244110 | CAD | 338000 | Citibank, N.A. | 05/12/25 | (1201) |
|  USD | 4099945 | CAD | 5696000 | State Street Bank and Trust | 05/12/25 | (34050) |
|  USD | 482227 | NOK | 5372000 | Bank of America Corp. | 05/19/25 | (34146) |
|  USD | 642563 | SGD | 842000 | Citibank, N.A. | 05/19/25 | (2607) |
|  USD | 574686 | ILS | 2116000 | Bank of America Corp. | 05/27/25 | (7079) |
|  USD | 1859739 | SEK | 17965000 | HSBC Bank | 05/27/25 | (1416) |
|  USD | 183120 | NZD | 319000 | Citibank, N.A. | 06/25/25 | (6681) |
|  USD | 19788394 | EUR | 18311000 | Societe Generale | 06/25/25 | (1020532) |
|  USD | 7692561 | GBP | 5798000 | Societe Generale | 06/25/25 | (36051) |
|  USD | 3901386 | AUD | 6102000 | Australia and New Zealand Bank | 07/23/25 | (10957) |
|  **Total (Depreciation)** | **Total (Depreciation)** | **Total (Depreciation)** |  |  |  | $**(1755488)** |
|  **Total Appreciation (Depreciation)** | **Total Appreciation (Depreciation)** |  |  |  |  | $**(1578527)** |

---

------

##### [**Table of Contents**](#toc)
**SELECTIVELY HEDGED GLOBAL EQUITY PORTFOLIO** 

**CONTINUED** 

As of April 30, 2025, Selectively Hedged Global Equity Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration<br>Date** | **Notional<br>Value** | **Market** <br>**Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Position Contracts:** |  |  |  |  |  |
|  S&P 500<sup>®</sup> Emini Index | 12 | 06/20/25 | $3375685 | $3352200 | $(23485) |
|  **Total Futures Contracts** |  |  | $**3375685** | $**3352200** | **$(23485)** |

---

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Assets** |  |  |  |  |
|  Affiliated Investment Companies | $293444218 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$293444218 |
|  Total Investments in Securities | $293444218 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$293444218 |
|  **Financial Instruments** |  |  |  |  |
|  **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Forward Currency Contracts\*\* |  | $176961 |  | 176961 |
|  **Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Forward Currency Contracts\*\* |  | (1755488) |  | (1755488) |
| &nbsp;&nbsp;&nbsp; Futures Contracts\*\* | (23485) |  |  | (23485) |
|  Total Financial Instruments | $(23485) | $(1578527) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(1602012) |

---

\*\* Valued at the unrealized appreciation/(depreciation) on the investment.

See accompanying Notes to Financial Statements.

------

##### [**Table of Contents**](#toc)
**EMERGING MARKETS PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | |
|:---|:---|
|  | **Value†** |
|  AFFILIATED INVESTMENT COMPANIES — (100.0%) |  |
|  The Emerging Markets Series | $5143700112 |
|  TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES | $5143700112 |

---

Summary of the Portfolio's Master Fund's investments as of April 30, 2025, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

------

##### [**Table of Contents**](#toc)
**EMERGING MARKETS SMALL CAP PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | |
|:---|:---|
|  | **Value†** |
|  AFFILIATED INVESTMENT COMPANIES — (100.0%) |  |
|  The Emerging Markets Small Cap Series | $3370606239 |
|  TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES | $3370606239 |

---

Summary of the Portfolio's Master Fund's investments as of April 30, 2025, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

------

##### [**Table of Contents**](#toc)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**EMERGING MARKETS VALUE PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | |
|:---|:---|
|  | **Value†** |
|  AFFILIATED INVESTMENT COMPANIES — (100.0%) |  |
|  Dimensional Emerging Markets Value Fund | $10733310385 |
|  TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES | $10733310385 |

---

Summary of the Portfolio's Master Fund's investments as of April 30, 2025, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

------

##### [**Table of Contents**](#toc)
**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COMMON STOCKS — (97.5%) | COMMON STOCKS — (97.5%) |  |  |
|  BELGIUM — (0.0%) | BELGIUM — (0.0%) |  |  |
|  | Titan Cement International SA (TITC BB) | 210081 | $9702151 |
|  | Titan Cement International SA (TITC GA) | 46180 | 2143804 |
|  TOTAL BELGIUM | TOTAL BELGIUM |  | 11845955 |
|  BRAZIL — (3.0%) | BRAZIL — (3.0%) |  |  |
|  \* | Allianca Saude e Participacoes SA | 18481 | 19018 |
|  | Allied Tecnologia SA | 113340 | 139999 |
|  | Allos SA | 1706264 | 6391932 |
|  \* | Allpark Empreendimentos Participacoes e Servicos SA | 71405 | 37494 |
|  | Alupar Investimento SA | 936528 | 5085996 |
|  | Ambev SA (ABEV US), ADR | 3022063 | 7645819 |
|  \* | Ambipar Participacoes e Empreendimentos SA | 18840 | 405008 |
|  | Anima Holding SA | 1802879 | 1013398 |
|  | Armac Locacao Logistica E Servicos SA | 137000 | 105735 |
|  | Atacadao SA | 1445643 | 2177960 |
|  | Auren Energia SA | 1144317 | 1800613 |
|  \* | Automob Participacoes SA | 2069028 | 98436 |
|  | B3 SA - Brasil Bolsa Balcao | 4876297 | 11591103 |
|  | Banco Bradesco SA (BBDC3 BZ) | 1944390 | 4190178 |
|  | Banco BTG Pactual SA | 841892 | 5653508 |
|  | Banco do Brasil SA | 4126307 | 21034521 |
|  | Banco Santander Brasil SA | 665927 | 3463902 |
|  | BB Seguridade Participacoes SA | 1578154 | 11893544 |
|  | Bemobi Mobile Tech SA | 255078 | 849938 |
|  \* | Blau Farmaceutica SA | 95547 | 217353 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  | Boa Safra Sementes SA | 64117 | $116707 |
|  | BR Advisory Partners Participacoes SA | 4200 | 10879 |
|  | BrasilAgro - Co. Brasileira de Propriedades Agricolas | 402218 | 1501102 |
|  \* | Braskem SA, ADR, Class A | 16634 | 61878 |
|  | Brava Energia | 620267 | 1897366 |
|  | BRF SA | 5598634 | 22393944 |
|  | Brisanet Servicos de Telecomunicacoes SA | 619637 | 303532 |
|  | C&A Modas SA | 1224348 | 2871479 |
|  | Caixa Seguridade Participacoes SA | 185231 | 533973 |
|  | Camil Alimentos SA | 756666 | 581317 |
|  | CCR SA | 3387542 | 8028412 |
|  | Centrais Eletricas Brasileiras SA | 1509708 | 11691615 |
|  \* | Cia Brasileira de Aluminio | 805427 | 557752 |
|  \* | Cia Brasileira de Distribuicao | 2024695 | 1509116 |
|  | Cia de Saneamento Basico do Estado de Sao Paulo SABESP (SBSP3 BZ) | 806780 | 16190616 |
|  | Cia de Saneamento de Minas Gerais Copasa MG | 1305425 | 4931731 |
|  | Cia De Sanena Do Parana (SAPR11 BZ) | 1369458 | 7415389 |
|  | Cia De Sanena Do Parana (SAPR3 BZ) | 873328 | 946401 |
|  | Cia Energetica de Minas Gerais (CIG US), Sponsored ADR | 308388 | 582853 |
|  | Cia Energetica de Minas Gerais (CMIG3 BZ) | 1257688 | 3377385 |
|  | Cia Paranaense de Energia - Copel | 1753488 | 3225715 |

---

500

------

##### [**Table of Contents**](#toc)
**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  | Cia Siderurgica Nacional SA (CSNA3 BZ) | 3113810 | $5102673 |
|  | Cia Siderurgica Nacional SA (SID US), Sponsored ADR | 2722363 | 4573570 |
|  | Cogna Educacao SA | 11761424 | 5346903 |
|  | Cosan SA | 1749208 | 2394888 |
|  | CPFL Energia SA | 474446 | 3192707 |
|  | Cruzeiro do Sul Educacional SA | 916175 | 660274 |
|  | CSU Digital SA | 215633 | 652391 |
|  | Cury Construtora e Incorporadora SA | 768620 | 3731264 |
|  | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 1834683 | 8014201 |
|  W | Desktop SA | 383970 | 624484 |
|  | Dexco SA | 3088908 | 3009905 |
|  \* | Diagnosticos da America SA | 167757 | 52025 |
|  | Dimed SA Distribuidora da Medicamentos | 551444 | 892004 |
|  | Direcional Engenharia SA | 532359 | 3409822 |
|  | EcoRodovias Infraestrutura e Logistica SA | 1233547 | 1436745 |
|  \* | Embraer SA (EMBR3 BZ) | 656049 | 7504771 |
|  \* | Embraer SA (ERJ US), Sponsored ADR | 905779 | 41611487 |
|  | Empreendimentos Pague Menos SA | 1417224 | 824091 |
|  | Energisa SA | 1102659 | 8925959 |
|  \* | Eneva SA | 2358433 | 5614377 |
|  | Engie Brasil Energia SA | 575061 | 4212274 |
|  | Equatorial Energia SA | 2747240 | 17819072 |
|  | Eternit SA | 362800 | 288954 |
|  | Even Construtora e Incorporadora SA | 826719 | 837623 |
|  | Ez Tec Empreendimentos e Participacoes SA | 770701 | 1803460 |
|  | Fleury SA | 1511130 | 3458866 |
|  | Fras-Le SA | 247175 | 1273516 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  | Gerdau SA, Sponsored ADR | 2486838 | $6490648 |
|  W | GPS Participacoes e Empreendimentos SA | 1048098 | 2788698 |
|  | Grendene SA | 1022040 | 1001303 |
|  \* | Grupo Casas Bahia SA | 449813 | 431175 |
|  | Grupo Mateus SA | 2180031 | 2957849 |
|  | Grupo SBF SA | 769148 | 1437964 |
|  | Guararapes Confeccoes SA | 666928 | 956590 |
|  \*W | Hapvida Participacoes e Investimentos SA | 13957871 | 5705974 |
|  \* | Hidrovias do Brasil SA | 2700839 | 1441995 |
|  | Hypera SA | 1347320 | 5726255 |
|  | Iochpe Maxion SA | 898657 | 1950865 |
|  | Irani Papel e Embalagem SA | 585746 | 828796 |
|  \* | IRB-Brasil Resseguros SA | 499009 | 4205631 |
|  | Jalles Machado SA | 902487 | 636097 |
|  | JBS SA | 2723270 | 21152171 |
|  | JHSF Participacoes SA | 2633767 | 2380770 |
|  | JSL SA | 419265 | 497933 |
|  | Kepler Weber SA | 902276 | 1192404 |
|  | Klabin SA | 5155277 | 16832556 |
|  | Lavvi Empreendimentos Imobiliarios SA | 363254 | 668242 |
|  | Localiza Rent a Car SA | 607701 | 4600202 |
|  | LOG Commercial Properties e Participacoes SA | 212777 | 787347 |
|  \* | Log-in Logistica Intermodal SA | 246000 | 967502 |
|  | Lojas Quero-Quero SA | 1706808 | 830073 |
|  | Lojas Renner SA | 5960772 | 15345300 |
|  W | LWSA SA | 2721331 | 1731056 |
|  | M Dias Branco SA | 337520 | 1508838 |
|  | Magazine Luiza SA | 1044521 | 1715362 |
|  | Mahle Metal Leve SA | 64100 | 334554 |
|  | Marcopolo SA | 914768 | 880088 |
|  | Marfrig Global Foods SA | 1321685 | 5002475 |
|  | Melnick Even Desenvolvimento Imobiliario SA | 279106 | 159344 |

---

501

------

##### [**Table of Contents**](#toc)
**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  | Mills Locacao Servicos e Logistica SA | 1248913 | $2235880 |
|  \* | Minerva SA | 298325 | 310670 |
|  | Moura Dubeux Engenharia SA | 371393 | 1077175 |
|  | Movida Participacoes SA | 1364346 | 1699678 |
|  \* | MRV Engenharia e Participacoes SA | 2764349 | 2883615 |
|  \* | Multilaser Industrial SA | 34444 | 7404 |
|  | Multiplan Empreendimentos Imobiliarios SA | 507125 | 2300097 |
|  | Natura & Co. Holding SA | 2539725 | 4255885 |
|  | Neoenergia SA | 522028 | 2106454 |
|  \* | Oceanpact Servicos Maritimos SA | 218384 | 208566 |
|  | Odontoprev SA | 1559568 | 2934933 |
|  \* | Oncoclinicas do Brasil Servicos Medicos SA | 363909 | 387946 |
|  \* | Orizon Valorizacao de Residuos SA | 187973 | 1624309 |
|  | Pet Center Comercio e Participacoes SA | 850269 | 696678 |
|  | Petroleo Brasileiro SA (PBR US), Sponsored ADR | 297124 | 3354530 |
|  | Petroleo Brasileiro SA (PBRA US), Sponsored ADR | 348573 | 3680931 |
|  | Petroleo Brasileiro SA (PETR3 BZ) | 16003488 | 90378543 |
|  | Petroreconcavo SA | 1271651 | 2877104 |
|  | Plano & Plano Desenvolvimento Imobiliario SA | 272300 | 560419 |
|  | Porto Seguro SA | 1165320 | 9032788 |
|  \* | Portobello SA | 226391 | 168742 |
|  | Positivo Tecnologia SA | 574005 | 622033 |
|  \* | PRIO SA | 3045920 | 18092555 |
|  \* | Qualicorp Consultoria e Corretora de Seguros SA | 795661 | 288814 |
|  | Raia Drogasil SA | 3977882 | 13906448 |
|  W | Rede D'Or Sao Luiz SA | 244197 | 1377794 |
|  | Romi SA | 403722 | 651629 |
|  | Rumo SA | 734564 | 2511043 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  | Santos Brasil Participacoes SA | 2688054 | $6413267 |
|  | Sao Carlos Empreendimentos e Participacoes SA | 29500 | 96009 |
|  | Sao Martinho SA | 1342496 | 4615225 |
|  | Sendas Distribuidora SA (ASAI US), ADR | 112571 | 914077 |
|  | Sendas Distribuidora SA (ASAI3 BZ) | 6136866 | 9937675 |
|  W | Ser Educacional SA | 447807 | 472651 |
|  \* | Serena Energia SA | 690768 | 1192836 |
|  \* | Simpar SA | 2003944 | 1892662 |
|  | SLC Agricola SA | 1162573 | 4054048 |
|  | Smartfit Escola de Ginastica e Danca SA | 831023 | 3580260 |
|  | Suzano SA (SUZ US), Sponsored ADR | 59174 | 524283 |
|  | Suzano SA (SUZB3 BZ) | 2400104 | 21179565 |
|  | SYN prop e tech SA | 253734 | 226231 |
|  | Tegma Gestao Logistica SA | 242109 | 1521300 |
|  | Telefonica Brasil SA (VIV US), ADR | 78887 | 765993 |
|  | Telefonica Brasil SA (VIVT3 BZ) | 1052385 | 5153305 |
|  | TIM SA | 2984548 | 9965760 |
|  | TOTVS SA | 831630 | 5512792 |
|  | Transmissora Alianca de Energia Eletrica SA | 1334922 | 8449186 |
|  | Tres Tentos Agroindustrial SA | 377234 | 1076833 |
|  | Trisul SA | 450379 | 552344 |
|  | Tupy SA | 635515 | 2402015 |
|  | Ultrapar Participacoes SA (UGP US), Sponsored ADR | 12552 | 39539 |
|  | Ultrapar Participacoes SA (UGPA3 BZ) | 2700243 | 8483535 |
|  | Unifique Telecomunicacoes SA | 1011374 | 696805 |
|  | Unipar Carbocloro SA**.** | 51152 | 451297 |
|  \* | Usinas Siderurgicas de Minas Gerais SA Usiminas | 625852 | 607639 |
|  | Vale SA (VALE US), Sponsored ADR | 1040592 | 9687911 |
|  | Vale SA (VALE3 BZ) | 8041867 | 74904294 |

---

502

------

##### [**Table of Contents**](#toc)
**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  | Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA | 484237 | $2111815 |
|  | Vamos Locacao de Caminhoes Maquinas e Equipamentos SA | 1403024 | 1216334 |
|  | Vibra Energia SA | 5125738 | 16979970 |
|  | Vittia Fertilizantes E Biologicos SA | 27695 | 25376 |
|  | Vivara Participacoes SA | 391000 | 1523309 |
|  | Vulcabras SA | 617334 | 1827478 |
|  | WEG SA | 1828249 | 14380771 |
|  | Wilson Sons SA | 612227 | 1847960 |
|  | Wiz Co | 348603 | 366715 |
|  | XP, Inc., BDR | 22450 | 363108 |
|  | YDUQS Participacoes SA | 1869748 | 4708016 |
|  \* | Zamp SA | 1577644 | 872894 |
|  TOTAL BRAZIL | TOTAL BRAZIL |  | 824784726 |
|  CANADA — (0.0%) | CANADA — (0.0%) |  |  |
|  | China Gold International Resources Corp. Ltd. (2099 HK) | 1621900 | 10236938 |
|  CHILE — (0.5%) | CHILE — (0.5%) |  |  |
|  | Aguas Andinas SA, Class A | 11435461 | 4225694 |
|  | Banco de Chile (BCH US), ADR | 323576 | 9551967 |
|  | Banco de Chile (CHILE CI) | 8969120 | 1316634 |
|  | Banco de Credito e Inversiones SA | 160011 | 6336969 |
|  | Banco Santander Chile (BSAC US), ADR | 286880 | 6910939 |
|  | Besalco SA | 2741825 | 2128274 |
|  | BiceCorp SA | 5122426 | 1411941 |
|  | Camanchaca SA | 49415 | 2080 |
|  \* | CAP SA | 508522 | 2615406 |
|  | Cencosud SA | 4611462 | 15779169 |
|  | Cencosud Shopping SA | 500291 | 1056704 |
|  | Cia Cervecerias Unidas SA (CCU CI) | 146267 | 1123004 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHILE — (Continued) | CHILE — (Continued) |  |  |
|  | Cia Cervecerias Unidas SA (CCU US), Sponsored ADR | 75722 | $1152489 |
|  | Cia Sud Americana de Vapores SA | 41057236 | 2267733 |
|  \* | Clinica Las Condes SA | 371 | 5289 |
|  | Colbun SA | 24643007 | 3851470 |
|  | Cristalerias de Chile SA | 59157 | 183189 |
|  | Embotelladora Andina SA, ADR, Class B | 87477 | 2265654 |
|  | Empresa Nacional de Telecomunicaciones SA | 1380667 | 3995213 |
|  | Empresas CMPC SA | 3064114 | 4805425 |
|  | Empresas Copec SA | 721761 | 4954585 |
|  \* | Empresas Hites SA | 743911 | 63637 |
|  | Enel Americas SA (ENELAM CI) | 37095576 | 3642605 |
|  | Enel Chile SA (ENELCHIL CI) | 45932753 | 3250108 |
|  | Enel Chile SA (ENIC US), ADR | 24772 | 86702 |
|  | Engie Energia Chile SA | 2079222 | 2461540 |
|  | Falabella SA | 461366 | 2094952 |
|  | Forus SA | 455509 | 1093733 |
|  | Grupo Security SA | 103018 | 28764 |
|  | Instituto de Diagnostico SA | 4394 | 9338 |
|  | Inversiones Aguas Metropolitanas SA | 3041857 | 2762725 |
|  | Inversiones La Construccion SA | 231285 | 2689764 |
|  | Latam Airlines Group SA | 34221452 | 540306 |
|  | Latam Airlines Group SA, ADR | 965 | 30349 |
|  \* | Masisa SA | 3525317 | 50633 |
|  | Molibdenos y Metales SA | 84693 | 348829 |
|  | Multiexport Foods SA | 3567240 | 954074 |
|  | Parque Arauco SA | 3253289 | 7489961 |
|  | PAZ Corp. SA | 1378694 | 764412 |
|  | Plaza SA | 746423 | 1753943 |
|  \* | Ripley Corp. SA | 6301473 | 2913522 |
|  | Salfacorp SA | 3575127 | 2552341 |
|  | Sigdo Koppers SA | 1861026 | 2178656 |
|  | SMU SA | 14749085 | 2889412 |
|  | Sociedad Matriz SAAM SA | 25942048 | 3260256 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHILE — (Continued) | CHILE — (Continued) |  |  |
|  | Sociedad Quimica y Minera de Chile SA, Sponsored ADR | 233523 | $7986487 |
|  \* | Socovesa SA | 1574885 | 118089 |
|  | SONDA SA | 4051364 | 1636821 |
|  | Vina Concha y Toro SA | 2982249 | 3697537 |
|  TOTAL CHILE | TOTAL CHILE |  | 133289324 |
|  CHINA — (24.4%) | CHINA — (24.4%) |  |  |
|  | 360 Security Technology, Inc., Class A | 284634 | 401480 |
|  | 361 Degrees International Ltd. | 7709000 | 4233544 |
|  | 37 Interactive Entertainment Network Technology Group Co. Ltd., Class A | 467734 | 977366 |
|  W | 3SBio, Inc. | 14079000 | 21708088 |
|  \* | 5I5J Holding Group Co. Ltd., Class A | 1991800 | 867961 |
|  | AAC Technologies Holdings, Inc. | 5947000 | 28468047 |
|  | ABA Chemicals Corp., Class A | 55100 | 49458 |
|  | Accelink Technologies Co. Ltd., Class A | 38635 | 229680 |
|  \* | ADAMA Ltd., Class A | 264600 | 225657 |
|  \* | Addsino Co. Ltd., Class A | 335800 | 315797 |
|  | Advanced Micro-Fabrication Equipment, Inc. China, Class A | 4480 | 116289 |
|  | Advanced Technology & Materials Co. Ltd., Class A | 528400 | 815006 |
|  \* | AECC Aero Science & Technology Co. Ltd., Class A | 170400 | 576688 |
|  | AECC Aero-Engine Control Co. Ltd., Class A | 366687 | 903703 |
|  | AECC Aviation Power Co. Ltd., Class A | 103572 | 468416 |
|  \* | Aerospace Hi-Tech Holdings Group Ltd., Class A | 397211 | 559931 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Aerospace Intelligent Manufacturing Technology Co. Ltd., Class A | 289500 | $684193 |
|  #\* | Agile Group Holdings Ltd. | 11990465 | 698714 |
|  \* | Agora, Inc., ADR | 92804 | 304397 |
|  | Agricultural Bank of China Ltd., Class H | 65020460 | 39676565 |
|  | Aier Eye Hospital Group Co. Ltd., Class A | 1153434 | 2063374 |
|  \* | AIM Vaccine Co. Ltd. | 99400 | 42130 |
|  #\*W | AInnovation Technology Group Co. Ltd. | 604900 | 310286 |
|  #\* | Air China Ltd., Class H | 4218000 | 2512890 |
|  | Aisino Corp., Class A | 499900 | 566388 |
|  | Ajisen China Holdings Ltd. | 4413000 | 436545 |
|  W | AK Medical Holdings Ltd. | 2614000 | 1902085 |
|  \*W | Akeso, Inc. | 1459000 | 16178155 |
|  | Alibaba Group Holding Ltd. (9988 HK) | 23663866 | 353302151 |
|  | Alibaba Group Holding Ltd. (BABA US), Sponsored ADR | 697227 | 83269821 |
|  \* | Alibaba Pictures Group Ltd. | 83220000 | 5435632 |
|  #W | A-Living Smart City Services Co. Ltd. | 4887750 | 1893988 |
|  | Allmed Medical Products Co. Ltd., Class A | 350800 | 388444 |
|  | Aluminum Corp. of China Ltd., Class H | 22100000 | 11861832 |
|  \* | Amlogic Shanghai Co. Ltd., Class A | 25848 | 257540 |
|  | Amoy Diagnostics Co. Ltd., Class A | 199606 | 570941 |
|  | An Hui Wenergy Co. Ltd., Class A | 414139 | 417988 |
|  \* | ANE Cayman, Inc. | 794000 | 844040 |
|  \* | Angang Steel Co. Ltd., Class H | 12877908 | 2436614 |
|  | Angel Yeast Co. Ltd., Class A | 190400 | 923842 |
|  | Anhui Anfu Battery Technology Co. Ltd., Class A | 106562 | 387775 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Anhui Anke Biotechnology Group Co. Ltd., Class A | 401600 | $451104 |
|  | Anhui Conch Cement Co. Ltd., Class H | 3215500 | 9058255 |
|  | Anhui Construction Engineering Group Co. Ltd., Class A | 650516 | 412275 |
|  | Anhui Expressway Co. Ltd., Class H | 2510000 | 3793554 |
|  | Anhui Guangxin Agrochemical Co. Ltd., Class A | 517572 | 769374 |
|  | Anhui Gujing Distillery Co. Ltd., Class A | 55302 | 1251908 |
|  | Anhui Heli Co. Ltd., Class A | 408400 | 892014 |
|  | Anhui Hengyuan Coal Industry & Electricity Power Co. Ltd., Class A | 1008957 | 968694 |
|  | Anhui Honglu Steel Construction Group Co. Ltd., Class A | 326795 | 842416 |
|  | Anhui Huilong Agricultural Means of Production Co. Ltd., Class A | 548700 | 405433 |
|  | Anhui Jianghuai Automobile Group Corp. Ltd., Class A | 89100 | 448054 |
|  | Anhui Jiangnan Chemical Industry Co. Ltd., Class A | 1286280 | 947869 |
|  | Anhui Jinhe Industrial Co. Ltd., Class A | 210782 | 722020 |
|  | Anhui Kouzi Distillery Co. Ltd., Class A | 180428 | 884745 |
|  \* | Anhui Tatfook Technology Co. Ltd., Class A | 465600 | 717303 |
|  | Anhui Transport Consulting & Design Institute Co. Ltd., Class A | 495948 | 565880 |
|  | Anhui Truchum Advanced Materials & Technology Co. Ltd., Class A | 606400 | 707892 |
|  | Anhui Xinbo Aluminum Co. Ltd., Class A | 106540 | 281971 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Anhui Xinhua Media Co. Ltd., Class A | 369800 | $356721 |
|  | Anhui Yingjia Distillery Co. Ltd., Class A | 116021 | 701660 |
|  | Anhui Yingliu Electromechanical Co. Ltd., Class A | 351400 | 956732 |
|  | Anhui Zhongding Sealing Parts Co. Ltd., Class A | 911000 | 2274227 |
|  | Anji Microelectronics Technology Shanghai Co. Ltd., Class A | 49921 | 1271073 |
|  | Anjoy Foods Group Co. Ltd., Class A | 90034 | 945685 |
|  | Anker Innovations Technology Co. Ltd., Class A | 91130 | 1118318 |
|  | ANTA Sports Products Ltd. | 4172400 | 49300314 |
|  | Anton Oilfield Services Group | 21156000 | 2614267 |
|  \* | Anyang Iron & Steel, Inc., Class A | 424900 | 107851 |
|  | Aoshikang Technology Co. Ltd., Class A | 176500 | 604853 |
|  | Aotecar New Energy Technology Co. Ltd., Class A | 1618700 | 635520 |
|  \* | Aowei Holdings Ltd. | 187000 | 10785 |
|  | Apeloa Pharmaceutical Co. Ltd., Class A | 400000 | 756015 |
|  | ApicHope Pharmaceutical Group Co. Ltd. | 208590 | 1145262 |
|  | Appotronics Corp. Ltd., Class A | 147339 | 286026 |
|  | APT Medical, Inc., Class A | 17024 | 976380 |
|  | APT Satellite Holdings Ltd. | 2260000 | 559336 |
|  | Arcsoft Corp. Ltd., Class A | 14806 | 92494 |
|  | Arctech Solar Holding Co. Ltd., Class A | 34945 | 224841 |
|  \*W | Ascletis Pharma, Inc. | 929000 | 756602 |
|  \* | Asia - Potash International Investment Guangzhou Co. Ltd., Class A | 246500 | 973826 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Asia Cement China Holdings Corp. | 3848000 | $1123786 |
|  #W | AsiaInfo Technologies Ltd. | 1446800 | 1745397 |
|  | Asian Star Anchor Chain Co. Ltd. Jiangsu, Class A | 429000 | 508872 |
|  | Asymchem Laboratories Tianjin Co. Ltd., Class A | 44860 | 505695 |
|  | Aurisco Pharmaceutical Co. Ltd., Class A | 90800 | 259995 |
|  | Autel Intelligent Technology Corp. Ltd., Class A | 177112 | 1018677 |
|  | Autobio Diagnostics Co. Ltd., Class A | 70755 | 374944 |
|  | Avary Holding Shenzhen Co. Ltd., Class A | 478631 | 1890752 |
|  | AviChina Industry & Technology Co. Ltd., Class H | 18890212 | 8692895 |
|  | Avicopter PLC, Class A | 66300 | 324059 |
|  | Bafang Electric Suzhou Co. Ltd., Class A | 91827 | 339114 |
|  W | BAIC Motor Corp. Ltd., Class H | 17726500 | 4357541 |
|  \* | Baidu, Inc. (9888 HK), Class A | 1474900 | 16263740 |
|  \* | Baidu, Inc. (BIDU US), Sponsored ADR | 317226 | 27858787 |
|  W | BAIOO Family Interactive Ltd. | 7872000 | 491289 |
|  #\*W | Bairong, Inc. | 416000 | 417346 |
|  | Baiyin Nonferrous Group Co. Ltd., Class A | 1710100 | 639607 |
|  | Bank of Beijing Co. Ltd., Class A | 3303908 | 2730009 |
|  | Bank of Changsha Co. Ltd., Class A | 1177447 | 1468896 |
|  | Bank of Chengdu Co. Ltd., Class A | 1314600 | 3075206 |
|  | Bank of China Ltd., Class H | 175981702 | 98263507 |
|  | Bank of Chongqing Co. Ltd., Class H | 4748500 | 4623260 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Bank of Communications Co. Ltd., Class H | 18192618 | $15908693 |
|  \* | Bank of Gansu Co. Ltd., Class H | 80000 | 2382 |
|  | Bank of Guiyang Co. Ltd., Class A | 1072300 | 852900 |
|  | Bank of Hangzhou Co. Ltd., Class A | 1007359 | 2040596 |
|  | Bank of Jiangsu Co. Ltd., Class A | 4424360 | 6193512 |
|  | Bank of Nanjing Co. Ltd., Class A | 2535196 | 3638092 |
|  | Bank of Ningbo Co. Ltd., Class A | 1555049 | 5121517 |
|  W | Bank of Qingdao Co. Ltd., Class H | 1329000 | 631100 |
|  | Bank of Shanghai Co. Ltd., Class A | 2128012 | 3043096 |
|  | Bank of Suzhou Co. Ltd., Class A | 1134859 | 1257019 |
|  | Bank of Xi'an Co. Ltd., Class A | 1355569 | 646382 |
|  \* | Baoding Tianwei Baobian Electric Co. Ltd., Class A | 153671 | 158987 |
|  | Baoji Titanium Industry Co. Ltd., Class A | 105000 | 422578 |
|  | Baoshan Iron & Steel Co. Ltd., Class A | 4977937 | 4682669 |
|  \* | Baosheng Science & Technology Innovation Co. Ltd., Class A | 939200 | 578226 |
|  | Baowu Magnesium Technology Co. Ltd., Class A | 580463 | 954901 |
|  | Baoxiniao Holding Co. Ltd., Class A | 1033152 | 543431 |
|  \* | Baoye Group Co. Ltd., Class H | 1540440 | 887654 |
|  \* | Baozun, Inc. (9991 HK), Class A | 21000 | 17949 |
|  \* | Baozun, Inc. (BZUN US), Sponsored ADR | 310903 | 811457 |
|  # | BBMG Corp., Class H | 17541404 | 1583716 |
|  #\* | Be Friends Holding Ltd. | 1402000 | 147261 |
|  | Bear Electric Appliance Co. Ltd., Class A | 83396 | 519489 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Beauty Farm Medical & Health Industry, Inc. | 32500 | $66968 |
|  | Befar Group Co. Ltd., Class A | 1117900 | 628984 |
|  | Beibuwan Port Co. Ltd., Class A | 810445 | 941632 |
|  \* | BeiGene Ltd. (6160 HK) | 243900 | 4929097 |
|  \* | BeiGene Ltd. (BGNE US), ADR | 5202 | 1351532 |
|  | Beijing Aerospace Shenzhou Intelligent Equipment Technology Co. Ltd., Class A | 36000 | 60068 |
|  | Beijing Balance Medical Technology Co. Ltd., Class A | 14219 | 219568 |
|  | Beijing Bei Mo Gao Ke Friction Material Co. Ltd., Class A | 78862 | 285072 |
|  \* | Beijing Capital Development Co. Ltd., Class A | 1438000 | 469427 |
|  | Beijing Capital Eco-Environment Protection Group Co. Ltd., Class A | 4216630 | 1835285 |
|  \* | Beijing Capital International Airport Co. Ltd., Class H | 13942000 | 5025976 |
|  | Beijing Changjiu Logistics Corp., Class A | 82900 | 85007 |
|  # | Beijing Chunlizhengda Medical Instruments Co. Ltd., Class H | 418000 | 502174 |
|  \* | Beijing Compass Technology Development Co. Ltd., Class A | 11282 | 91545 |
|  \* | Beijing Cuiwei Tower Co. Ltd., Class A | 313600 | 364785 |
|  | Beijing Dabeinong Technology Group Co. Ltd., Class A | 639200 | 358909 |
|  | Beijing Dahao Technology Corp. Ltd., Class A | 184980 | 337868 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Beijing Easpring Material Technology Co. Ltd., Class A | 151000 | $786507 |
|  \* | Beijing E-Hualu Information Technology Co. Ltd., Class A | 7400 | 22712 |
|  | Beijing Energy International Holding Co. Ltd. | 2276000 | 296511 |
|  | Beijing Enterprises Water Group Ltd. | 30656469 | 9682853 |
|  | Beijing Fengjing Automotive Parts Co. Ltd. | 1065900 | 526950 |
|  | Beijing Gehua CATV Network Co. Ltd., Class A | 794800 | 788297 |
|  | Beijing GeoEnviron Engineering & Technology, Inc., Class A | 1015928 | 756832 |
|  \* | Beijing Haixin Energy Technology Co. Ltd., Class A | 1382656 | 553820 |
|  | Beijing Haohua Energy Resource Co. Ltd., Class A | 1196720 | 1190176 |
|  \* | Beijing Health Holdings Ltd. | 13284000 | 141913 |
|  | Beijing Huafeng Test & Control Technology Co. Ltd., Class A | 18987 | 379557 |
|  \* | Beijing Jetsen Technology Co. Ltd., Class A | 1474891 | 1074043 |
|  | Beijing Jingneng Clean Energy Co. Ltd., Class H | 7352000 | 2263653 |
|  | Beijing Jingyuntong Technology Co. Ltd., Class A | 1375770 | 450505 |
|  | Beijing Kingsoft Office Software, Inc., Class A | 19457 | 790396 |
|  \* | Beijing Leike Defense Technology Co. Ltd., Class A | 613000 | 363636 |
|  | Beijing New Building Materials PLC, Class A | 397679 | 1533216 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Beijing North Star Co. Ltd., Class H | 5184000 | $460743 |
|  \* | Beijing Orient National Communication Science & Technology Co. Ltd., Class A | 583055 | 791012 |
|  | Beijing Oriental Jicheng Co. Ltd., Class A | 83200 | 303935 |
|  | Beijing Originwater Technology Co. Ltd., Class A | 664873 | 406024 |
|  \* | Beijing Philisense Technology Co. Ltd., Class A | 709200 | 510555 |
|  | Beijing Relpow Technology Co. Ltd., Class A | 161142 | 311597 |
|  | Beijing Roborock Technology Co. Ltd., Class A | 31413 | 838703 |
|  | Beijing Sanlian Hope Shin-Gosen Technical Service Co. Ltd., Class A | 167814 | 397693 |
|  | Beijing Sanyuan Foods Co. Ltd., Class A | 765200 | 459665 |
|  | Beijing Science Sun Pharmaceutical Co. Ltd., Class A | 22886 | 25551 |
|  | Beijing Shiji Information Technology Co. Ltd., Class A | 165909 | 190398 |
|  | Beijing Shougang Co. Ltd., Class A | 1391400 | 691283 |
|  \* | Beijing Shunxin Agriculture Co. Ltd., Class A | 257200 | 564055 |
|  | Beijing Sifang Automation Co. Ltd., Class A | 137800 | 327283 |
|  | Beijing Sinnet Technology Co. Ltd., Class A | 563510 | 1122995 |
|  \* | Beijing Sinohytec Co. Ltd., Class H | 13340 | 39067 |
|  | Beijing SL Pharmaceutical Co. Ltd., Class A | 514965 | 456086 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Beijing SPC Environment Protection Tech Co. Ltd., Class A | 984245 | $479271 |
|  | Beijing Strong Biotechnologies, Inc., Class A | 370505 | 713756 |
|  | Beijing SuperMap Software Co. Ltd., Class A | 150100 | 287734 |
|  \* | Beijing Teamsun Technology Co. Ltd., Class A | 290880 | 364374 |
|  \* | Beijing Thunisoft Corp. Ltd., Class A | 495900 | 547385 |
|  | Beijing Tiantan Biological Products Corp. Ltd., Class A | 265844 | 698507 |
|  | Beijing Tong Ren Tang Co. Ltd., Class A | 161472 | 809877 |
|  | Beijing Ultrapower Software Co. Ltd., Class A | 652700 | 983098 |
|  | Beijing United Information Technology Co. Ltd., Class A | 343074 | 1118115 |
|  W | Beijing Urban Construction Design & Development Group Co. Ltd., Class H | 1744000 | 309307 |
|  | Beijing Wandong Medical Technology Co. Ltd., Class A | 104000 | 251122 |
|  | Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., Class A | 20598 | 185618 |
|  \* | Beijing Watertek Information Technology Co. Ltd., Class A | 862743 | 436175 |
|  | Beijing Yanjing Brewery Co. Ltd., Class A | 768500 | 1374543 |
|  | Beijing Yuanliu Hongyuan Electronic Technology Co. Ltd., Class A | 90507 | 651432 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Beijing Zhong Ke San Huan High-Tech Co. Ltd., Class A | 451405 | $651958 |
|  | Beijing-Shanghai High Speed Railway Co. Ltd., Class A | 6539352 | 5225500 |
|  \* | Beiqi Foton Motor Co. Ltd., Class A | 3112600 | 1123606 |
|  \* | Bengang Steel Plates Co. Ltd., Class A | 657918 | 338539 |
|  | Best Pacific International Holdings Ltd. | 1492000 | 465850 |
|  | Bestore Co. Ltd., Class A | 257452 | 418024 |
|  \* | Bestway Marine & Energy Technology Co. Ltd., Class A | 839200 | 682481 |
|  | Bethel Automotive Safety Systems Co. Ltd., Class A | 98700 | 784530 |
|  | Betta Pharmaceuticals Co. Ltd., Class A | 58656 | 409215 |
|  | Beyondsoft Corp., Class A | 221300 | 401255 |
|  | BGI Genomics Co. Ltd., Class A | 91500 | 607422 |
|  | Biem.L.Fdlkk Garment Co. Ltd., Class A | 424400 | 964946 |
|  | Binhai Investment Co. Ltd. | 1401053 | 193357 |
|  | Binjiang Service Group Co. Ltd. | 411000 | 1419890 |
|  | Black Peony Group Co. Ltd., Class A | 623982 | 448373 |
|  | Bloomage Biotechnology Corp. Ltd. (688363 C1), Class A | 44950 | 302129 |
|  #W | Blue Moon Group Holdings Ltd. | 1854500 | 912271 |
|  \* | Blue Sail Medical Co. Ltd., Class A | 592028 | 411371 |
|  | Bluestar Adisseo Co., Class A | 266700 | 352375 |
|  | BOC International China Co. Ltd., Class A | 334200 | 454314 |
|  \* | BOE HC SemiTek Corp. | 581200 | 529243 |
|  | BOE Technology Group Co. Ltd., Class A | 9193679 | 4862258 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | BOE Varitronix Ltd. | 2147000 | $1508832 |
|  \* | Bohai Leasing Co. Ltd., Class A | 1919585 | 833938 |
|  | Bomin Electronics Co. Ltd., Class A | 226700 | 233997 |
|  | Bosideng International Holdings Ltd. | 24350157 | 12599994 |
|  | BOTH Engineering Technology Co. Ltd., Class A | 99800 | 146474 |
|  # | Boyaa Interactive International Ltd. | 1079000 | 630346 |
|  | Bright Dairy & Food Co. Ltd., Class A | 612869 | 697155 |
|  | BrightGene Bio-Medical Technology Co. Ltd., Class A | 48355 | 324023 |
|  \* | Brii Biosciences Ltd. | 186500 | 46798 |
|  # | Brilliance China Automotive Holdings Ltd. | 20104000 | 7115814 |
|  | Bros Eastern Co. Ltd., Class A | 188700 | 128849 |
|  | B-Soft Co. Ltd., Class A | 466615 | 365969 |
|  | BTG Hotels Group Co. Ltd., Class A | 517771 | 1021054 |
|  | BYD Co. Ltd., Class H | 2014800 | 95695359 |
|  | By-health Co. Ltd., Class A | 228829 | 346506 |
|  \* | C C Land Holdings Ltd. | 13761530 | 2290606 |
|  | C&D International Investment Group Ltd. | 3840030 | 8031121 |
|  | C&D Property Management Group Co. Ltd. | 1295000 | 422698 |
|  | C&S Paper Co. Ltd., Class A | 624190 | 567298 |
|  | Caitong Securities Co. Ltd., Class A | 800190 | 803964 |
|  #\*W | CALB Group Co. Ltd. | 36800 | 77886 |
|  | Camel Group Co. Ltd., Class A | 968500 | 1119834 |
|  | Cangzhou Mingzhu Plastic Co. Ltd., Class A | 872668 | 414961 |
|  | Canmax Technologies Co. Ltd., Class A | 316080 | 775787 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Canny Elevator Co. Ltd., Class A | 538800 | $537577 |
|  #\*W | CanSino Biologics, Inc., Class H | 47800 | 208759 |
|  | Canvest Environmental Protection Group Co. Ltd. | 2812000 | 1724372 |
|  \* | Capital Environment Holdings Ltd. | 13364000 | 131179 |
|  | Castech, Inc., Class A | 179157 | 854307 |
|  | Cathay Biotech, Inc., Class A | 46659 | 333966 |
|  W | Cathay Group Holdings, Inc. | 126000 | 22787 |
|  | CCCC Design & Consulting Group Co. Ltd., Class A | 478400 | 513161 |
|  | CCS Supply Chain Management Co. Ltd., Class A | 651300 | 382631 |
|  | CECEP Solar Energy Co. Ltd., Class A | 1393500 | 827932 |
|  | CECEP Wind-Power Corp., Class A | 1906790 | 753775 |
|  | Center International Group Co. Ltd., Class A | 141500 | 193260 |
|  | Central China Land Media Co. Ltd., Class A | 379543 | 648063 |
|  \*†† | Central China Management Co. Ltd. | 6510074 | 16788 |
|  | Central China New Life Ltd. | 2033000 | 350225 |
|  # | Central China Securities Co. Ltd., Class H | 5955000 | 1096290 |
|  \* | CETC Chips Technology, Inc., Class A | 132200 | 218251 |
|  | CETC Cyberspace Security Technology Co. Ltd., Class A | 104700 | 217039 |
|  | CETC Digital Technology Co. Ltd., Class A | 277865 | 921679 |
|  # | CGN New Energy Holdings Co. Ltd. | 13556000 | 3984131 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | CGN Nuclear Technology Development Co. Ltd., Class A | 518900 | $499724 |
|  W | CGN Power Co. Ltd., Class H | 24536000 | 7810127 |
|  | Changchun Faway Automobile Components Co. Ltd., Class A | 516810 | 669931 |
|  | Changchun High-Tech Industry Group Co. Ltd., Class A | 93118 | 1127580 |
|  | Changchun UP Optotech Co. Ltd., Class A | 63500 | 331407 |
|  | Changhong Meiling Co. Ltd., Class A | 751700 | 776256 |
|  | Changjiang & Jinggong Steel Building Group Co. Ltd., Class A | 525125 | 230046 |
|  | Changjiang Publishing & Media Co. Ltd., Class A | 694600 | 915156 |
|  | Changjiang Securities Co. Ltd., Class A | 1004899 | 888256 |
|  | Changshu Fengfan Power Equipment Co. Ltd., Class A | 526650 | 300027 |
|  \* | ChangYuan Technology Group Ltd., Class A | 433400 | 205918 |
|  | Changzheng Engineering Technology Co. Ltd., Class A | 197700 | 456277 |
|  | Changzhou Qianhong Biopharma Co. Ltd., Class A | 651000 | 545138 |
|  | Changzhou Xingyu Automotive Lighting Systems Co. Ltd., Class A | 51220 | 935777 |
|  \* | Chanjet Information Technology Co. Ltd., Class H | 50100 | 43247 |
|  | Chaoju Eye Care Holdings Ltd. | 861500 | 297039 |
|  | Chaowei Power Holdings Ltd. | 4415000 | 756166 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Chaozhou Three-Circle Group Co. Ltd., Class A | 150173 | $710989 |
|  W | Cheerwin Group Ltd. | 503000 | 148789 |
|  \* | Chen Lin Education Group Holdings Ltd. | 628000 | 110626 |
|  | Cheng De Lolo Co. Ltd., Class A | 708900 | 914572 |
|  | Chengdu ALD Aviation Manufacturing Corp., Class A | 49720 | 121054 |
|  | Chengdu B-Ray Media Co. Ltd., Class A | 378300 | 232274 |
|  | Chengdu Fusen Noble-House Industrial Co. Ltd., Class A | 249430 | 451258 |
|  | Chengdu Galaxy Magnets Co. Ltd., Class A | 60900 | 205800 |
|  | Chengdu Guibao Science & Technology Co. Ltd., Class A | 187200 | 473645 |
|  | Chengdu Hi-tech Development Co. Ltd., Class A | 59400 | 381016 |
|  | Chengdu Hongqi Chain Co. Ltd., Class A | 915900 | 717406 |
|  | Chengdu Kanghong Pharmaceutical Group Co. Ltd., Class A | 430741 | 1655576 |
|  | Chengdu Kanghua Biological Products Co. Ltd., Class A | 84825 | 588607 |
|  | Chengdu Leejun Industrial Co. Ltd., Class A | 511700 | 460173 |
|  | Chengdu Spaceon Electronics Co. Ltd., Class A | 32448 | 59451 |
|  | Chengdu Wintrue Holding Co. Ltd., Class A | 602800 | 690664 |
|  | Chengdu Xingrong Environment Co. Ltd., Class A | 686192 | 670053 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Chengtun Mining Group Co. Ltd., Class A | 520300 | $385846 |
|  | Chenguang Biotech Group Co. Ltd., Class A | 305646 | 453836 |
|  \* | Chengxin Lithium Group Co. Ltd., Class A | 264600 | 408358 |
|  | Chengzhi Co. Ltd., Class A | 351800 | 365927 |
|  | Chifeng Jilong Gold Mining Co. Ltd., Class A | 540200 | 1963357 |
|  \* | Chiho Environmental Group Ltd. | 602000 | 33377 |
|  | China Aircraft Leasing Group Holdings Ltd. | 1894500 | 1003988 |
|  \* | China Anchu Energy Storage Group Ltd. | 946000 | 24639 |
|  | China Animal Husbandry Industry Co. Ltd., Class A | 477500 | 438640 |
|  | China Automotive Engineering Research Institute Co. Ltd., Class A | 415200 | 1085300 |
|  | China Baoan Group Co. Ltd., Class A | 719012 | 765979 |
|  | China Bester Group Telecom Co. Ltd., Class A | 40690 | 129321 |
|  | China BlueChemical Ltd., Class H | 13925122 | 3390355 |
|  \*W | China Bohai Bank Co. Ltd., Class H | 6992000 | 820886 |
|  \* | China Boton Group Co. Ltd. | 172000 | 35300 |
|  | China CAMC Engineering Co. Ltd., Class A | 670993 | 732183 |
|  # | China Chunlai Education Group Co. Ltd. | 735000 | 398642 |
|  # | China Cinda Asset Management Co. Ltd., Class H | 74505000 | 9504037 |
|  | China CITIC Bank Corp. Ltd., Class H | 28167607 | 22278498 |
|  \*W | China CITIC Financial Asset Management Co. Ltd., Class H | 21948000 | 2074187 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  # | China Coal Energy Co. Ltd., Class H | 11418168 | $11797353 |
|  | China Coal Xinji Energy Co. Ltd., Class A | 720500 | 663692 |
|  | China Communications Services Corp. Ltd., Class H | 18417327 | 9591745 |
|  | China Conch Environment Protection Holdings Ltd. | 10016000 | 692316 |
|  # | China Conch Venture Holdings Ltd. | 10350500 | 10623434 |
|  | China Construction Bank Corp., Class H | 239928302 | 197083794 |
|  | China CSSC Holdings Ltd., Class A | 181178 | 730659 |
|  | China CYTS Tours Holding Co. Ltd., Class A | 514300 | 688337 |
|  # | China Datang Corp. Renewable Power Co. Ltd., Class H | 14456000 | 4039672 |
|  | China Design Group Co. Ltd., Class A | 677445 | 697121 |
|  #W | China Development Bank Financial Leasing Co. Ltd., Class H | 11022000 | 1689278 |
|  | China Dongxiang Group Co. Ltd. | 17900888 | 912660 |
|  #W | China East Education Holdings Ltd. | 4307500 | 3261819 |
|  #\* | China Eastern Airlines Corp. Ltd., Class H | 7706000 | 2294019 |
|  # | China Education Group Holdings Ltd. | 8546012 | 2685133 |
|  | China Electronics Huada Technology Co. Ltd. | 5610000 | 1004195 |
|  | China Electronics Optics Valley Union Holding Co. Ltd. | 6460000 | 163198 |
|  | China Energy Engineering Corp. Ltd. (3996 HK), Class H | 6250000 | 795961 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | China Energy Engineering Corp. Ltd. (601868 C1), Class A | 7215075 | $2184688 |
|  | China Enterprise Co. Ltd., Class A | 1069001 | 410558 |
|  | China Everbright Bank Co. Ltd., Class H | 7117000 | 3090351 |
|  W | China Everbright Greentech Ltd. | 1282000 | 117236 |
|  \* | China Express Airlines Co. Ltd., Class A | 627600 | 630124 |
|  W | China Feihe Ltd. | 22624000 | 17096855 |
|  | China Film Co. Ltd., Class A | 445400 | 627920 |
|  \* | China First Heavy Industries Co. Ltd., Class A | 1603900 | 569848 |
|  | China Foods Ltd. | 8380000 | 3348953 |
|  | China Galaxy Securities Co. Ltd., Class H | 13405000 | 12177517 |
|  | China Gas Holdings Ltd. | 20241748 | 18301235 |
|  #\* | China Glass Holdings Ltd. | 3692000 | 113145 |
|  | China Great Wall Securities Co. Ltd., Class A | 583600 | 621124 |
|  \* | China Greatwall Technology Group Co. Ltd., Class A | 198200 | 399415 |
|  | China Green Electricity Investment of Tianjin Co. Ltd., Class A | 617905 | 729181 |
|  | China Haisum Engineering Co. Ltd., Class A | 157400 | 207529 |
|  | China Hanking Holdings Ltd. | 4987000 | 704623 |
|  | China Harmony Auto Holding Ltd. | 5879000 | 480975 |
|  \* | China High Speed Railway Technology Co. Ltd., Class A | 1255792 | 466132 |
|  #\* | China High Speed Transmission Equipment Group Co. Ltd. | 3938000 | 421139 |
|  | China Hongqiao Group Ltd. | 15098000 | 27101128 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  W | China International Capital Corp. Ltd., Class H | 4155600 | $7148408 |
|  | China International Marine Containers Group Co. Ltd., Class H | 5665540 | 3559072 |
|  | China Isotope & Radiation Corp. | 283200 | 410397 |
|  | China Jushi Co. Ltd., Class A | 858407 | 1385435 |
|  | China Kepei Education Group Ltd. | 3464000 | 590514 |
|  | China Kings Resources Group Co. Ltd., Class A | 135550 | 426221 |
|  | China Leadshine Technology Co. Ltd., Class A | 119900 | 787232 |
|  | China Lesso Group Holdings Ltd. | 11143000 | 5932363 |
|  | China Life Insurance Co. Ltd., Class H | 5744000 | 10497708 |
|  | China Lilang Ltd. | 3609000 | 1737550 |
|  \*W | China Literature Ltd. | 1809000 | 6281678 |
|  \* | China Longevity Group Co. Ltd. | 893399 | 1152 |
|  | China Longyuan Power Group Corp. Ltd., Class H | 7481000 | 5909828 |
|  \* | China Maple Leaf Educational Systems Ltd. | 12386000 | 558589 |
|  | China Medical System Holdings Ltd. | 9950800 | 10620888 |
|  | China Meheco Group Co. Ltd., Class A | 528901 | 738477 |
|  # | China Meidong Auto Holdings Ltd. | 4666000 | 1249230 |
|  | China Mengniu Dairy Co. Ltd. | 11226000 | 27960045 |
|  | China Merchants Bank Co. Ltd., Class H | 15816646 | 86274126 |
|  | China Merchants Energy Shipping Co. Ltd., Class A | 2507196 | 2017396 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | China Merchants Expressway Network & Technology Holdings Co. Ltd., Class A | 249300 | $440531 |
|  | China Merchants Land Ltd. | 12962000 | 369329 |
|  | China Merchants Property Operation & Service Co. Ltd., Class A | 821900 | 1334597 |
|  W | China Merchants Securities Co. Ltd., Class H | 958460 | 1453663 |
|  #\*†† | China Metal Recycling Holdings Ltd. | 1955133 | 0 |
|  | China Minsheng Banking Corp. Ltd., Class H | 14439960 | 6776087 |
|  # | China Modern Dairy Holdings Ltd. | 22979000 | 3020706 |
|  | China National Accord Medicines Corp. Ltd., Class A | 227229 | 767642 |
|  # | China National Building Material Co. Ltd., Class H | 17948616 | 8703207 |
|  | China National Chemical Engineering Co. Ltd., Class A | 1312300 | 1364056 |
|  | China National Electric Apparatus Research Institute Co. Ltd., Class A | 83508 | 275665 |
|  | China National Gold Group Gold Jewellery Co. Ltd., Class A | 679583 | 769292 |
|  | China National Medicines Corp. Ltd., Class A | 216482 | 864120 |
|  | China National Nuclear Power Co. Ltd., Class A | 4248021 | 5400814 |
|  \* | China National Software & Service Co. Ltd., Class A | 9200 | 57635 |
|  W | China New Higher Education Group Ltd. | 9852457 | 1067825 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | China Nonferrous Metal Industry's Foreign Engineering & Construction Co. Ltd., Class A | 899800 | $573139 |
|  | China Northern Rare Earth Group High-Tech Co. Ltd., Class A | 382818 | 1227847 |
|  \* | China Nuclear Energy Technology Corp. Ltd. | 1180000 | 51770 |
|  \* | China Oil & Gas Group Ltd. | 33760000 | 594152 |
|  | China Oilfield Services Ltd., Class H | 10982000 | 8588040 |
|  | China Oriental Group Co. Ltd. | 10070000 | 1599777 |
|  | China Overseas Property Holdings Ltd. | 9261344 | 6431997 |
|  | China Pacific Insurance Group Co. Ltd., Class H | 9297465 | 25296211 |
|  | China Petroleum & Chemical Corp., Class H | 76532400 | 39067592 |
|  | China Petroleum Engineering Corp., Class A | 162800 | 68604 |
|  | China Publishing & Media Co. Ltd., Class A | 809193 | 704573 |
|  # | China Qinfa Group Ltd. | 258000 | 36224 |
|  | China Railway Group Ltd., Class H | 10304000 | 4433460 |
|  | China Railway Hi-tech Industry Co. Ltd., Class A | 780700 | 784530 |
|  | China Railway Materials Co. Ltd., Class A | 1513500 | 520600 |
|  W | China Railway Signal & Communication Corp. Ltd., Class H | 5008000 | 2013969 |
|  | China Railway Tielong Container Logistics Co. Ltd., Class A | 1063200 | 823359 |
|  \* | China Rare Earth Holdings Ltd. | 9802399 | 486044 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | China Reinsurance Group Corp., Class H | 24878000 | $2885028 |
|  | China Resource & Environment Co. Ltd., Class A | 410300 | 250022 |
|  | China Resources Boya Bio-pharmaceutical Group Co. Ltd., Class A | 196700 | 719076 |
|  | China Resources Building Materials Technology Holdings Ltd. | 18376946 | 3877195 |
|  | China Resources Double Crane Pharmaceutical Co. Ltd., Class A | 379554 | 986376 |
|  | China Resources Gas Group Ltd. | 5391100 | 15059502 |
|  | China Resources Land Ltd. | 11783610 | 39647218 |
|  | China Resources Medical Holdings Co. Ltd. | 7900000 | 3719059 |
|  | China Resources Microelectronics Ltd., Class A | 48115 | 305285 |
|  W | China Resources Mixc Lifestyle Services Ltd. | 2217800 | 10624772 |
|  | China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A | 321860 | 1822989 |
|  # | China Risun Group Ltd. | 9680000 | 3127447 |
|  \* | China Ruifeng Renewable Energy Holdings Ltd. | 652400 | 42117 |
|  #\* | China Ruyi Holdings Ltd. | 23744000 | 6240374 |
|  #\* | China Sanjiang Fine Chemicals Co. Ltd. | 6240000 | 1438007 |
|  \* | China Shanshui Cement Group Ltd. | 80000 | 5630 |
|  W | China Shengmu Organic Milk Ltd. | 6000000 | 135260 |
|  | China Shenhua Energy Co. Ltd., Class H | 11838000 | 44488937 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | China Shineway Pharmaceutical Group Ltd. | 2716000 | $2534743 |
|  | China South Publishing & Media Group Co. Ltd., Class A | 340934 | 668786 |
|  \* | China Southern Airlines Co. Ltd., Class H | 8588000 | 3526971 |
|  | China Southern Power Grid Energy Efficiency&Clean Energy Co. Ltd. (003035 C2), Class A | 804519 | 476430 |
|  | China Southern Power Grid Technology Co. Ltd., Class A | 43731 | 172934 |
|  | China Starch Holdings Ltd. | 19565000 | 450929 |
|  | China State Construction Development Holdings Ltd. | 3722000 | 786625 |
|  | China State Construction Engineering Corp. Ltd., Class A | 7859092 | 5963284 |
|  | China State Construction International Holdings Ltd. | 15964000 | 23531328 |
|  \* | China Sunshine Paper Holdings Co. Ltd. | 5651500 | 1428437 |
|  # | China Suntien Green Energy Corp. Ltd., Class H | 10087000 | 5391426 |
|  | China Testing & Certification International Group Co. Ltd., Class A | 417388 | 355140 |
|  | China Tianying, Inc., Class A | 842156 | 489194 |
|  #W | China Tourism Group Duty Free Corp. Ltd. (1880 HK), Class H | 129100 | 873789 |
|  | China Tourism Group Duty Free Corp. Ltd. (601888 C1), Class A | 62517 | 545709 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  W | China Tower Corp. Ltd., Class H | 21418000 | $31023474 |
|  | China TransInfo Technology Co. Ltd., Class A | 418842 | 528173 |
|  | China Tungsten & Hightech Materials Co. Ltd., Class A | 754160 | 992745 |
|  #\* | China Vanke Co. Ltd., Class H | 8521976 | 5842040 |
|  # | China Water Affairs Group Ltd. | 5352000 | 4120593 |
|  | China West Construction Group Co. Ltd., Class A | 834500 | 653355 |
|  | China World Trade Center Co. Ltd., Class A | 243400 | 730047 |
|  | China XD Electric Co. Ltd., Class A | 691300 | 591446 |
|  | China Yangtze Power Co. Ltd., Class A | 2583803 | 10492127 |
|  # | China Yongda Automobiles Services Holdings Ltd. | 9180000 | 2926651 |
|  #\*W | China Youran Dairy Group Ltd. | 1780000 | 542775 |
|  \*W | China Yuhua Education Corp. Ltd. | 16216000 | 626924 |
|  | China Zhenhua Group Science & Technology Co. Ltd., Class A | 108700 | 767830 |
|  | China Zheshang Bank Co. Ltd., Class H | 1699599 | 574625 |
|  | China-Singapore Suzhou Industrial Park Development Group Co. Ltd., Class A | 262500 | 263961 |
|  | Chinasoft International Ltd. | 18842000 | 12009173 |
|  | Chinese Universe Publishing & Media Group Co. Ltd., Class A | 481672 | 696062 |
|  | Chongqing Brewery Co. Ltd., Class A | 109300 | 869026 |

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| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| CHINA — (Continued) |  |  |
| Chongqing Changan Automobile Co. Ltd., Class A | 1873998 | $3165021 |
| Chongqing Chuanyi Automation Co. Ltd., Class A | 278349 | 782163 |
| Chongqing Department Store Co. Ltd., Class A | 244221 | 1067487 |
| Chongqing Fuling Electric Power Industrial Co. Ltd., Class A | 621385 | 810094 |
| Chongqing Fuling Zhacai Group Co. Ltd., Class A | 452930 | 817755 |
| Chongqing Gas Group Corp. Ltd., Class A | 759500 | 571553 |
| Chongqing Machinery & Electric Co. Ltd., Class H | 3385962 | 403630 |
| Chongqing Pharscin Pharmaceutical Co. Ltd., Class A | 21400 | 41626 |
| Chongqing Port Co. Ltd., Class A | 1174600 | 858947 |
| Chongqing Road & Bridge Co. Ltd., Class A | 418600 | 305262 |
| Chongqing Rural Commercial Bank Co. Ltd., Class H | 16086000 | 12349925 |
| Chongqing Sanfeng Environment Group Corp. Ltd., Class A | 1263600 | 1425857 |
| Chongqing Taiji Industry Group Co. Ltd., Class A | 254400 | 721643 |
| Chongqing Zhifei Biological Products Co. Ltd., Class A | 311767 | 811066 |
| Chongqing Zongshen Power Machinery Co. Ltd., Class A | 90702 | 263052 |
| Chongyi Zhangyuan Tungsten Industry Co. Ltd., Class A | 750100 | 687442 |
| Chow Tai Seng Jewellery Co. Ltd., Class A | 524089 | 939583 |
| CIG Shanghai Co. Ltd., Class A | 110000 | 514463 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | CIMC Enric Holdings Ltd. | 5994000 | $4700764 |
|  | Cisen Pharmaceutical Co. Ltd., Class A | 335600 | 620646 |
|  | CITIC Heavy Industries Co. Ltd., Class A | 617700 | 372119 |
|  | CITIC Resources Holdings Ltd. | 21508000 | 983678 |
|  | CITIC Securities Co. Ltd., Class H | 4231650 | 10458644 |
|  | City Development Environment Co. Ltd., Class A | 506640 | 938766 |
|  #\* | Citychamp Watch & Jewellery Group Ltd. | 9144000 | 541223 |
|  \* | ClouDr Group Ltd. | 28900 | 4039 |
|  #\* | CMGE Technology Group Ltd. | 9486000 | 408436 |
|  | CMOC Group Ltd., Class H | 14985000 | 11764336 |
|  | CMST Development Co. Ltd., Class A | 1217100 | 984210 |
|  \* | CNFinance Holdings Ltd., ADR | 22412 | 17006 |
|  | CNGR Advanced Material Co. Ltd., Class A | 173599 | 754601 |
|  | CNNC Hua Yuan Titanium Dioxide Co. Ltd., Class A | 848073 | 476853 |
|  | CNOOC Energy Technology & Services Ltd., Class A | 2600600 | 1421936 |
|  | CNSIG Inner Mongolia Chemical Industry Co. Ltd., Class A | 706190 | 681720 |
|  \* | COFCO Biotechnology Co. Ltd., Class A | 524083 | 394658 |
|  | COFCO Capital Holdings Co. Ltd., Class A | 67300 | 109947 |
|  #\* | COFCO Joycome Foods Ltd. | 20975000 | 3942416 |
|  | COFCO Sugar Holding Co. Ltd., Class A | 780453 | 998359 |
|  | Cofoe Medical Technology Co. Ltd., Class A | 91950 | 423959 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | COL Group Co. Ltd., Class A | 32800 | $97755 |
|  #\* | Comba Telecom Systems Holdings Ltd. | 13034000 | 2461444 |
|  | Concord New Energy Group Ltd. | 54355909 | 3291954 |
|  | Consun Pharmaceutical Group Ltd. | 3334000 | 3970553 |
|  | Contec Medical Systems Co. Ltd., Class A | 22900 | 42898 |
|  | Contemporary Amperex Technology Co. Ltd., Class A | 923820 | 29537854 |
|  | Continental Aerospace Technologies Holding Ltd. | 16594207 | 231772 |
|  \* | Coolpad Group Ltd. | 20470000 | 44870 |
|  | COSCO SHIPPING Development Co. Ltd., Class H | 26543300 | 3005831 |
|  | COSCO SHIPPING Energy Transportation Co. Ltd., Class H | 8226000 | 6524337 |
|  | COSCO SHIPPING Holdings Co. Ltd., Class H | 14681349 | 22154674 |
|  | COSCO SHIPPING International Hong Kong Co. Ltd. | 3626000 | 2198572 |
|  | COSCO SHIPPING Ports Ltd. | 10044373 | 5199197 |
|  | COSCO SHIPPING Specialized Carriers Co. Ltd., Class A | 489600 | 396002 |
|  | COSCO SHIPPING Technology Co. Ltd., Class A | 122000 | 238136 |
|  | CQ Pharmaceutical Holding Co. Ltd., Class A | 1145354 | 765261 |
|  \* | Crazy Sports Group Ltd. | 16280600 | 166505 |
|  | CRRC Corp. Ltd., Class H | 7286000 | 4496553 |
|  | Crystal Clear Electronic Material Co. Ltd., Class A | 255766 | 304076 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  W | CSC Financial Co. Ltd., Class H | 892500 | $1009836 |
|  | CSG Holding Co. Ltd., Class A | 1475396 | 963008 |
|  | CSPC Innovation Pharmaceutical Co. Ltd., Class A | 105257 | 607551 |
|  | CSSC Science & Technology Co. Ltd., Class A | 209600 | 336404 |
|  | CTS International Logistics Corp. Ltd., Class A | 1080550 | 912397 |
|  | Cybrid Technologies, Inc., Class A | 117700 | 150236 |
|  | Daan Gene Co. Ltd., Class A | 385180 | 298589 |
|  \* | Dada Nexus Ltd., ADR | 58015 | 110809 |
|  | Dajin Heavy Industry Co. Ltd., Class A | 267400 | 1015884 |
|  | Dalian Bio-Chem Co. Ltd., Class A | 84672 | 330730 |
|  | Dalian Huarui Heavy Industry Group Co. Ltd., Class A | 1594163 | 1316186 |
|  # | Dalipal Holdings Ltd. | 1812000 | 1930288 |
|  | Daqin Railway Co. Ltd., Class A | 2784238 | 2484900 |
|  | Dashang Co. Ltd., Class A | 266975 | 920521 |
|  | DaShenLin Pharmaceutical Group Co. Ltd., Class A | 378956 | 986851 |
|  # | Datang International Power Generation Co. Ltd., Class H | 12070000 | 2876027 |
|  \* | Datang Telecom Technology Co. Ltd., Class A | 244900 | 264511 |
|  | Dawnrays Pharmaceutical Holdings Ltd. | 5718982 | 853736 |
|  | Dazhong Transportation Group Co. Ltd., Class A | 576400 | 455039 |
|  | DBG Technology Co. Ltd., Class A | 93756 | 319502 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | DeHua TB New Decoration Materials Co. Ltd., Class A | 542283 | $770107 |
|  | Deppon Logistics Co. Ltd., Class A | 455000 | 812099 |
|  \* | Dezhan Healthcare Co. Ltd., Class A | 1012400 | 414227 |
|  | DHC Software Co. Ltd., Class A | 697312 | 946151 |
|  | Dian Diagnostics Group Co. Ltd., Class A | 408879 | 789445 |
|  | Digital China Group Co. Ltd., Class A | 264025 | 1486794 |
|  # | Digital China Holdings Ltd. | 3891000 | 1234310 |
|  | Digital China Information Service Group Co. Ltd., Class A | 222757 | 328047 |
|  \* | Dingdang Health Technology Group Ltd. | 254000 | 11475 |
|  | Dirui Industrial Co. Ltd., Class A | 72900 | 130492 |
|  | Do-Fluoride New Materials Co. Ltd., Class A | 250151 | 400539 |
|  | Dong-E-E-Jiao Co. Ltd., Class A | 132743 | 993303 |
|  | Dongfang Electric Corp. Ltd., Class H | 1409200 | 1923467 |
|  | Dongfang Electronics Co. Ltd., Class A | 347053 | 456034 |
|  | Dongfeng Electronic Technology Co. Ltd., Class A | 163230 | 299008 |
|  # | Dongfeng Motor Group Co. Ltd., Class H | 16158000 | 8943335 |
|  | Dongguan Aohai Technology Co. Ltd., Class A | 125740 | 643380 |
|  | Dongguan Development Holdings Co. Ltd., Class A | 289900 | 410985 |
|  | Dongguan Yutong Optical Technology Co. Ltd., Class A | 146800 | 433167 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Donghua Testing Technology Co. Ltd., Class A | 36300 | $205582 |
|  \* | Dongjiang Environmental Co. Ltd., Class H | 609195 | 141441 |
|  | Dongxing Securities Co. Ltd., Class A | 581155 | 802585 |
|  # | Dongyue Group Ltd. | 13139000 | 15505707 |
|  | Double Medical Technology, Inc., Class A | 16600 | 84592 |
|  | DouYu International Holdings Ltd., ADR | 67516 | 502992 |
|  | Dynagreen Environmental Protection Group Co. Ltd., Class H | 2883000 | 1623238 |
|  | Eaglerise Electric & Electronic China Co. Ltd., Class A | 320800 | 678869 |
|  #\*W | East Buy Holding Ltd. | 1421000 | 2212282 |
|  | East Money Information Co. Ltd., Class A | 564830 | 1602101 |
|  | Eastcompeace Technology Co. Ltd., Class A | 156200 | 210445 |
|  | Easyhome New Retail Group Co. Ltd., Class A | 2085200 | 947277 |
|  # | E-Commodities Holdings Ltd. | 12338000 | 1303315 |
|  | Ecovacs Robotics Co. Ltd., Class A | 66292 | 469872 |
|  | Edan Instruments, Inc., Class A | 254388 | 408766 |
|  | Edifier Technology Co. Ltd., Class A | 272800 | 488288 |
|  | Edvantage Group Holdings Ltd. | 3152088 | 569227 |
|  # | EEKA Fashion Holdings Ltd. | 2096500 | 2014062 |
|  | EIT Environmental Development Group Co. Ltd., Class A | 145919 | 317750 |
|  | Electric Connector Technology Co. Ltd., Class A | 162850 | 1076853 |
|  \*†† | Elion Energy Co. Ltd., Class A | 1910265 | 76276 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | EmbedWay Technologies Shanghai Corp., Class A | 57300 | $200530 |
|  | ENN Energy Holdings Ltd. | 2716000 | 21441128 |
|  | ENN Natural Gas Co. Ltd., Class A | 662095 | 1801677 |
|  | Eoptolink Technology, Inc. Ltd., Class A | 98044 | 1233000 |
|  | Era Co. Ltd., Class A | 762200 | 417859 |
|  | Espressif Systems Shanghai Co. Ltd., Class A | 10625 | 319952 |
|  # | Essex Bio-technology Ltd. | 1703000 | 988344 |
|  | Eternal Asia Supply Chain Management Ltd., Class A | 715400 | 478037 |
|  | EVA Precision Industrial Holdings Ltd. | 10390516 | 1009076 |
|  | Eve Energy Co. Ltd., Class A | 220597 | 1248518 |
|  | Ever Sunshine Services Group Ltd. | 5654000 | 1378750 |
|  W | Everbright Securities Co. Ltd., Class H | 878200 | 765694 |
|  | Excellence Commercial Property & Facilities Management Group Ltd. | 656000 | 113225 |
|  | Explosive Co. Ltd., Class A | 184900 | 309545 |
|  | Eyebright Medical Technology Beijing Co. Ltd., Class A | 35270 | 383188 |
|  | Fangda Carbon New Material Co. Ltd., Class A | 739329 | 469880 |
|  | Fangda Special Steel Technology Co. Ltd., Class A | 1055631 | 646608 |
|  | Far East Smarter Energy Co. Ltd., Class A | 994800 | 657548 |
|  \* | Farasis Energy Gan Zhou Co. Ltd., Class A | 256681 | 430645 |
|  | FAW Jiefang Group Co. Ltd., Class A | 212500 | 210694 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | FAWER Automotive Parts Co. Ltd., Class A | 1154378 | $933002 |
|  | Feilong Auto Components Co. Ltd., Class A | 396100 | 829555 |
|  | Ferrotec Anhui Technology Development Co. Ltd., Class A | 49300 | 260288 |
|  | FESCO Group Co. Ltd., Class A | 188700 | 548420 |
|  | Fiberhome Telecommunication Technologies Co. Ltd., Class A | 226700 | 669098 |
|  | Fibocom Wireless, Inc., Class A | 283094 | 993744 |
|  \* | FIH Mobile Ltd. | 12138000 | 1174498 |
|  \* | Financial Street Holdings Co. Ltd., Class A | 897357 | 340817 |
|  | FinVolution Group, ADR | 973287 | 7698700 |
|  | First Capital Securities Co. Ltd., Class A | 597100 | 558362 |
|  # | First Tractor Co. Ltd., Class H | 1682000 | 1314279 |
|  # | Flat Glass Group Co. Ltd., Class H | 2305000 | 2604905 |
|  | Focus Lightings Tech Co. Ltd., Class A | 313600 | 489861 |
|  | Focus Media Information Technology Co. Ltd., Class A | 2460600 | 2442458 |
|  \* | Focused Photonics Hangzhou, Inc., Class A | 137800 | 394061 |
|  | Focuslight Technologies, Inc., Class A | 27506 | 245938 |
|  | Foryou Corp., Class A | 187100 | 803135 |
|  | Foshan Electrical & Lighting Co. Ltd., Class A | 610100 | 508140 |
|  | Foshan Haitian Flavouring & Food Co. Ltd., Class A | 549025 | 3169939 |
|  | Foshan Nationstar Optoelectronics Co. Ltd., Class A | 386684 | 455214 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Foshan Yowant Technology Co. Ltd., Class A | 350579 | $281387 |
|  \* | Founder Holdings Ltd. | 1086000 | 131183 |
|  | Founder Securities Co. Ltd., Class A | 730500 | 749658 |
|  | Foxconn Industrial Internet Co. Ltd., Class A | 2432256 | 6131033 |
|  | Friend Co. Ltd., Class A | 85700 | 134236 |
|  # | Fu Shou Yuan International Group Ltd. | 10584000 | 4797055 |
|  | Fuan Pharmaceutical Group Co. Ltd., Class A | 337800 | 187495 |
|  # | Fufeng Group Ltd. | 17110800 | 14295171 |
|  | Fujian Apex Software Co. Ltd., Class A | 66160 | 385090 |
|  | Fujian Boss Software Development Co. Ltd., Class A | 291996 | 608063 |
|  | Fujian Foxit Software Development JSC Ltd., Class A | 23430 | 216616 |
|  | Fujian Funeng Co. Ltd., Class A | 719783 | 949827 |
|  | Fujian Kuncai Material Technology Co. Ltd., Class A | 81100 | 226042 |
|  | Fujian Longking Co. Ltd., Class A | 462211 | 736482 |
|  | Fujian Qingshan Paper Industry Co. Ltd., Class A | 819300 | 240110 |
|  \* | Fujian Snowman Group Co. Ltd., Class A | 148000 | 155436 |
|  | Fujian Star-net Communication Co. Ltd., Class A | 135508 | 361489 |
|  | Fujian Sunner Development Co. Ltd., Class A | 430208 | 950588 |
|  | Fujian Tianma Science & Technology Group Co. Ltd., Class A | 328120 | 587071 |
|  | Fujian Yuanli Active Carbon Co. Ltd., Class A | 179000 | 357255 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Fulin Precision Co. Ltd., Class A | 210300 | $580772 |
|  \* | Fullshare Holdings Ltd. | 9650 | 596 |
|  | Fushun Special Steel Co. Ltd., Class A | 1076100 | 739892 |
|  W | Fuyao Glass Industry Group Co. Ltd., Class H | 2877600 | 20350422 |
|  | Gan & Lee Pharmaceuticals Co. Ltd., Class A | 74000 | 485865 |
|  #W | Ganfeng Lithium Group Co. Ltd., Class H | 1100239 | 2682459 |
|  | Gansu Energy Chemical Co. Ltd., Class A | 3848240 | 1245714 |
|  \* | Gansu Jiu Steel Group Hongxing Iron & Steel Co. Ltd., Class A | 962600 | 181628 |
|  | Gansu Shangfeng Cement Co. Ltd., Class A | 677390 | 819360 |
|  | Gansu Yasheng Industrial Group Co. Ltd., Class A | 1353900 | 527926 |
|  | Gaona Aero Material Co. Ltd., Class A | 249000 | 508967 |
|  | Gaush Meditech Ltd. | 156000 | 114363 |
|  | G-bits Network Technology Xiamen Co. Ltd., Class A | 21200 | 696965 |
|  | GCL Energy Technology Co. Ltd., Class A | 709995 | 701056 |
|  \* | GCL New Energy Holdings Ltd. | 2556218 | 118429 |
|  \* | GCL System Integration Technology Co. Ltd., Class A | 60800 | 17665 |
|  #\* | GCL Technology Holdings Ltd. | 93070320 | 9459209 |
|  | GD Power Development Co. Ltd., Class A | 1913278 | 1177810 |
|  \* | GDS Holdings Ltd. (9698 HK), Class A | 3888300 | 12334104 |
|  \* | GDS Holdings Ltd. (GDS US), ADR | 145833 | 3676450 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Geely Automobile Holdings Ltd. | 23035000 | $48357405 |
|  | GEM Co. Ltd., Class A | 1492900 | 1258508 |
|  | Gemdale Corp., Class A | 531600 | 313801 |
|  # | Gemdale Properties & Investment Corp. Ltd. | 52530000 | 1648210 |
|  | GemPharmatech Co. Ltd., Class A | 110347 | 172896 |
|  | Geovis Technology Co. Ltd., Class A | 64144 | 470083 |
|  | GEPIC Energy Development Co. Ltd., Class A | 522400 | 475151 |
|  | Getein Biotech, Inc., Class A | 282378 | 308723 |
|  | GF Securities Co. Ltd., Class H | 3127400 | 4073844 |
|  W | Giant Biogene Holding Co. Ltd. | 1608400 | 16617678 |
|  | Giant Network Group Co. Ltd., Class A | 279348 | 558207 |
|  | Giantec Semiconductor Corp., Class A | 18472 | 185041 |
|  | Ginlong Technologies Co. Ltd., Class A | 103959 | 751789 |
|  | Glarun Technology Co. Ltd., Class A | 182787 | 525687 |
|  | GoerTek, Inc., Class A | 459244 | 1343248 |
|  | Goldcard Smart Group Co. Ltd., Class A | 140500 | 224349 |
|  W | Golden Throat Holdings Group Co. Ltd. | 1082500 | 596819 |
|  | Goldenmax International Group Ltd., Class A | 368071 | 409957 |
|  | Goldwind Science & Technology Co. Ltd., Class H | 5009984 | 3452175 |
|  \* | GOME Retail Holdings Ltd. | 26230660 | 67477 |
|  | Goneo Group Co. Ltd., Class A | 58580 | 574230 |
|  \* | Goodbaby International Holdings Ltd. | 2019000 | 288753 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | GoodWe Technologies Co. Ltd. (688390 C1), Class A | 38734 | $212226 |
|  | Gotion High-tech Co. Ltd., Class A | 323200 | 919094 |
|  | Grand Pharmaceutical Group Ltd. | 10364500 | 7942156 |
|  | Grandblue Environment Co. Ltd., Class A | 135827 | 433109 |
|  \* | Grandjoy Holdings Group Co. Ltd., Class A | 1031601 | 371431 |
|  | Great Wall Motor Co. Ltd., Class H | 7670250 | 10960717 |
|  \* | Greatoo Intelligent Equipment, Inc., Class A | 174200 | 207182 |
|  | Greattown Holdings Ltd., Class A | 607052 | 265062 |
|  | Gree Electric Appliances, Inc. of Zhuhai, Class A | 686953 | 4310489 |
|  | Greentown China Holdings Ltd. | 8356500 | 10663585 |
|  #W | Greentown Management Holdings Co. Ltd. | 4896000 | 1678157 |
|  | Greentown Service Group Co. Ltd. | 11114000 | 6335874 |
|  | GRG Banking Equipment Co. Ltd., Class A | 431426 | 734337 |
|  | GRG Metrology & Test Group Co. Ltd., Class A | 364000 | 866976 |
|  | Guangdong Aofei Data Technology Co. Ltd., Class A | 378043 | 1236886 |
|  | Guangdong Baolihua New Energy Stock Co. Ltd., Class A | 649111 | 374341 |
|  | Guangdong Construction Engineering Group Co. Ltd., Class A | 1533000 | 731175 |
|  \* | Guangdong Create Century Intelligent Equipment Group Corp. Ltd., Class A | 361828 | 427808 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Guangdong DFP New Material Group Co. Ltd. | 789800 | $434465 |
|  \* | Guangdong Dongfang Precision Science & Technology Co. Ltd., Class A | 999402 | 1782731 |
|  | Guangdong Dongpeng Holdings Co. Ltd., Class A | 745888 | 637812 |
|  | Guangdong Dowstone Technology Co. Ltd., Class A | 206632 | 398247 |
|  | Guangdong Electric Power Development Co. Ltd., Class A | 254500 | 150287 |
|  | Guangdong Ellington Electronics Technology Co. Ltd., Class A | 565816 | 678642 |
|  | Guangdong Fenghua Advanced Technology Holding Co. Ltd., Class A | 136400 | 246474 |
|  | Guangdong Goworld Co. Ltd., Class A | 276600 | 375066 |
|  | Guangdong Great River Smarter Logistics Co. Ltd., Class A | 207564 | 260043 |
|  \* | Guangdong Guanhao High-Tech Co. Ltd., Class A | 272004 | 112793 |
|  | Guangdong Haid Group Co. Ltd., Class A | 317568 | 2424816 |
|  | Guangdong HEC Technology Holding Co. Ltd., Class A | 343545 | 458213 |
|  | Guangdong Hongda Holdings Group Co. Ltd., Class A | 329900 | 1388636 |
|  | Guangdong Hongtu Technology Holdings Co. Ltd., Class A | 548700 | 886013 |
|  | Guangdong Huate Gas Co. Ltd., Class A | 40695 | 292561 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Guangdong Insight Brand Marketing Group Co. Ltd., Class A | 22700 | $164552 |
|  | Guangdong Jia Yuan Technology Shares Co. Ltd., Class A | 177017 | 458714 |
|  | Guangdong Kinlong Hardware Products Co. Ltd., Class A | 158300 | 494198 |
|  \* | Guangdong Land Holdings Ltd. | 1870494 | 55005 |
|  | Guangdong Lingxiao Pump Industry Co. Ltd., Class A | 52000 | 112949 |
|  | Guangdong Provincial Expressway Development Co. Ltd., Class A | 812311 | 1567685 |
|  \* | Guangdong Shenglu Telecommunication Tech Co. Ltd., Class A | 270000 | 238105 |
|  | Guangdong Sirio Pharma Co. Ltd., Class A | 121890 | 420875 |
|  | Guangdong South New Media Co. Ltd., Class A | 153310 | 822492 |
|  | Guangdong Tapai Group Co. Ltd., Class A | 343395 | 350068 |
|  \* | Guangdong TCL Smart Home Appliances Co. Ltd. | 241000 | 338193 |
|  | Guangdong Topstar Technology Co. Ltd., Class A | 46762 | 185676 |
|  | Guangdong Vanward New Electric Co. Ltd., Class A | 564800 | 872849 |
|  | Guangdong Xinbao Electrical Appliances Holdings Co. Ltd., Class A | 509400 | 970479 |
|  \* | Guangdong Zhongnan Iron & Steel Co. Ltd., Class A | 1398081 | 471769 |
|  | Guangdong Zhongsheng Pharmaceutical Co. Ltd., Class A | 247604 | 380076 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Guanghui Energy Co. Ltd., Class A | 2456214 | $1959046 |
|  \* | Guanghui Logistics Co. Ltd., Class A | 555700 | 555821 |
|  # | Guangshen Railway Co. Ltd., Class H | 11236700 | 2462118 |
|  \* | Guangxi Huaxi Nonferrous Metal Co. Ltd., Class A | 284600 | 752813 |
|  | Guangxi Liugong Machinery Co. Ltd., Class A | 454063 | 622048 |
|  | Guangxi LiuYao Group Co. Ltd., Class A | 273400 | 636972 |
|  | Guangxi Wuzhou Zhongheng Group Co. Ltd., Class A | 1947914 | 651743 |
|  \* | GuangYuYuan Chinese Herbal Medicine Co. Ltd., Class A | 95100 | 249430 |
|  # | Guangzhou Automobile Group Co. Ltd., Class H | 8069690 | 2852077 |
|  | Guangzhou Baiyun International Airport Co. Ltd., Class A | 687326 | 853981 |
|  # | Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class H | 1212000 | 2646532 |
|  | Guangzhou Development Group, Inc., Class A | 541900 | 481165 |
|  | Guangzhou Great Power Energy & Technology Co. Ltd., Class A | 109100 | 345160 |
|  | Guangzhou Haige Communications Group, Inc. Co., Class A | 468950 | 670785 |
|  | Guangzhou Haoyang Electronic Co. Ltd., Class A | 71300 | 321933 |
|  | Guangzhou KDT Machinery Co. Ltd., Class A | 312310 | 733311 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A | 134000 | $536131 |
|  \* | Guangzhou Lingnan Group Holdings Co. Ltd., Class A | 287500 | 473958 |
|  | Guangzhou Port Co. Ltd., Class A | 525800 | 226523 |
|  | Guangzhou Restaurant Group Co. Ltd., Class A | 310087 | 662170 |
|  | Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A | 124324 | 575559 |
|  | Guangzhou Sie Consulting Co. Ltd., Class A | 203100 | 903702 |
|  | Guangzhou Tinci Materials Technology Co. Ltd., Class A | 277560 | 667280 |
|  | Guangzhou Wondfo Biotech Co. Ltd., Class A | 200914 | 569610 |
|  | Guangzhou Yuexiu Capital Holdings Group Co. Ltd., Class A | 756337 | 657473 |
|  | Guangzhou Zhujiang Brewery Co. Ltd., Class A | 372700 | 543103 |
|  | Guilin Layn Natural Ingredients Corp., Class A | 295220 | 297279 |
|  | Guilin Sanjin Pharmaceutical Co. Ltd., Class A | 274782 | 516949 |
|  \* | Guizhou Broadcasting & TV Information Network Co. Ltd., Class A | 139200 | 163956 |
|  | Guizhou Chanhen Chemical Corp., Class A | 240300 | 747841 |
|  | Guizhou Gas Group Corp. Ltd., Class A | 623240 | 584524 |
|  | Guizhou Panjiang Refined Coal Co. Ltd., Class A | 603972 | 377570 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Guizhou Qianyuan Power Co. Ltd., Class A | 125200 | $269252 |
|  | Guizhou Sanli Pharmaceutical Co. Ltd., Class A | 145200 | 237054 |
|  | Guizhou Tyre Co. Ltd., Class A | 1401776 | 842051 |
|  | Guizhou Xinbang Pharmaceutical Co. Ltd., Class A | 1112897 | 523577 |
|  | Guizhou Zhenhua E-chem, Inc., Class A | 270429 | 425014 |
|  \* | Guoguang Electric Co. Ltd., Class A | 194763 | 382532 |
|  # | Guolian Minsheng Securities Co. Ltd., Class H | 758000 | 345663 |
|  | Guomai Technologies, Inc., Class A | 499854 | 760456 |
|  | Guoquan Food Shanghai Co. Ltd. | 495600 | 165293 |
|  | Guosen Securities Co. Ltd., Class A | 764897 | 1144594 |
|  \* | Guosheng Financial Holding, Inc., Class A | 147476 | 246001 |
|  W | Guotai Haitong Securities Co. Ltd., Class H | 5092680 | 7258236 |
|  | Guoyuan Securities Co. Ltd., Class A | 791545 | 812655 |
|  # | Gushengtang Holdings Ltd. | 471200 | 1894635 |
|  | H World Group Ltd. (1179 HK) | 1141800 | 4005615 |
|  | H World Group Ltd. (HTHT US), ADR | 380656 | 13033661 |
|  #\*W | Haichang Ocean Park Holdings Ltd. | 9407000 | 811783 |
|  W | Haidilao International Holding Ltd. | 6770000 | 15243027 |
|  | Haier Smart Home Co. Ltd. (600690 C1), Class A | 914762 | 3126742 |
|  | Haier Smart Home Co. Ltd. (6690 HK), Class H | 8063799 | 23401376 |
|  | Hailir Pesticides & Chemicals Group Co. Ltd., Class A | 220124 | 390952 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Hainan Airlines Holding Co. Ltd., Class A | 5452800 | $999111 |
|  | Hainan Haide Capital Management Co. Ltd., Class A | 397939 | 297257 |
|  \* | Hainan Haiqi Transportation Group Co. Ltd., Class A | 107900 | 267043 |
|  \* | Hainan Haiyao Co. Ltd., Class A | 345000 | 228133 |
|  | Hainan Jinpan Smart Technology Co. Ltd., Class A | 88175 | 388749 |
|  #\* | Hainan Meilan International Airport Co. Ltd., Class H | 1777000 | 2196982 |
|  | Hainan Mining Co. Ltd., Class A | 377100 | 363535 |
|  | Hainan Strait Shipping Co. Ltd., Class A | 1108500 | 904410 |
|  | Haisco Pharmaceutical Group Co. Ltd., Class A | 106757 | 629843 |
|  | Haitian International Holdings Ltd. | 5844000 | 13537345 |
|  W | Haitong UniTrust International Leasing Co. Ltd., Class H | 6264000 | 660173 |
|  | Hand Enterprise Solutions Co. Ltd., Class A | 317634 | 856744 |
|  | Hangcha Group Co. Ltd., Class A | 601756 | 1559065 |
|  | Hangjin Technology Co. Ltd., Class A | 109700 | 367211 |
|  | Hangxiao Steel Structure Co. Ltd., Class A | 1802564 | 624190 |
|  | Hangzhou Binjiang Real Estate Group Co. Ltd., Class A | 564499 | 806153 |
|  | Hangzhou Chang Chuan Technology Co. Ltd., Class A | 41400 | 239327 |
|  | Hangzhou Electronic Soul Network Technology Co. Ltd., Class A | 124800 | 355718 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  | CHINA — (Continued) |  |  |
|  | Hangzhou First Applied Material Co. Ltd., Class A | 401406 | $678602 |
|  | Hangzhou GreatStar Industrial Co. Ltd. | 244400 | 784168 |
|  | Hangzhou Haoyue Personal Care Co. Ltd., Class A | 89758 | 723525 |
|  | Hangzhou Honghua Digital Technology Stock Co. Ltd., Class A | 29631 | 252760 |
|  | Hangzhou Huawang New Material Technology Co. Ltd., Class A | 225340 | 340952 |
|  | Hangzhou Iron & Steel Co., Class A | 187400 | 282734 |
|  | Hangzhou Lion Microelectronics Co. Ltd., Class A | 172020 | 616223 |
|  | Hangzhou Onechance Tech Corp., Class A | 109900 | 362454 |
|  | Hangzhou Oxygen Plant Group Co. Ltd., Class A | 336757 | 923787 |
|  | Hangzhou Robam Appliances Co. Ltd., Class A | 247145 | 665923 |
|  | Hangzhou Shunwang Technology Co. Ltd., Class A | 114200 | 294505 |
|  | Hangzhou Sunrise Technology Co. Ltd., Class A | 232600 | 508067 |
|  | Hangzhou Tigermed Consulting Co. Ltd. (300347 C2), Class A | 29300 | 180313 |
|  #W | Hangzhou Tigermed Consulting Co. Ltd. (3347 HK), Class H | 528800 | 1813203 |
|  | Hangzhou Weiguang Electronic Co. Ltd., Class A | 4900 | 22334 |
|  | Hangzhou Zhongtai Cryogenic Technology Corp., Class A | 135900 | 254223 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Han's Laser Technology Industry Group Co. Ltd., Class A | 191361 | $609683 |
|  W | Hansoh Pharmaceutical Group Co. Ltd. | 1794000 | 5559553 |
|  | Hanwei Electronics Group Corp., Class A | 108000 | 615792 |
|  | Haohua Chemical Science & Technology Co. Ltd., Class A | 82300 | 289644 |
|  \*W | Harbin Bank Co. Ltd., Class H | 3611000 | 135174 |
|  | Harbin Boshi Automation Co. Ltd., Class A | 411266 | 945808 |
|  | Harbin Electric Co. Ltd., Class H | 4808587 | 2963982 |
|  | Harbin Electric Corp. Jiamusi Electric Machine Co. Ltd., Class A | 546173 | 767129 |
|  \* | Harbin Gloria Pharmaceuticals Co. Ltd., Class A | 1138900 | 385892 |
|  \* | Harbin Pharmaceutical Group Co. Ltd., Class A | 1717336 | 851166 |
|  | HBIS Resources Co. Ltd., Class A | 445700 | 795982 |
|  \*W | HBM Holdings Ltd. | 1842000 | 2032319 |
|  | Health & Happiness H&H International Holdings Ltd. | 1583500 | 1802770 |
|  | Healthcare Co. Ltd., Class A | 27490 | 29457 |
|  \* | Hebei Changshan Biochemical Pharmaceutical Co. Ltd., Class A | 229400 | 664350 |
|  \* | Hebei Construction Group Corp. Ltd., Class H | 193500 | 10671 |
|  | Hebei Hengshui Laobaigan Liquor Co. Ltd., Class A | 328900 | 786115 |

---

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**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Hebei Sinopack Electronic Technology Co. Ltd., Class A | 37520 | $241126 |
|  | Hebei Yangyuan Zhihui Beverage Co. Ltd., Class A | 268134 | 896198 |
|  | Hefei Meiya Optoelectronic Technology, Inc., Class A | 276410 | 639951 |
|  | Hefei Urban Construction Development Co. Ltd., Class A | 460061 | 404384 |
|  | Heilongjiang Agriculture Co. Ltd., Class A | 379800 | 783897 |
|  | Helens International Holdings Co. Ltd. | 280000 | 59669 |
|  | Hello Group, Inc., Sponsored ADR | 1255539 | 7169128 |
|  | Henan Liliang Diamond Co. Ltd., Class A | 144500 | 545310 |
|  | Henan Lingrui Pharmaceutical Co., Class A | 313700 | 988379 |
|  | Henan Mingtai Al Industrial Co. Ltd., Class A | 423300 | 700444 |
|  | Henan Pinggao Electric Co. Ltd., Class A | 485600 | 1085425 |
|  | Henan Shenhuo Coal Industry & Electricity Power Co. Ltd., Class A | 774392 | 1816488 |
|  | Henan Shuanghui Investment & Development Co. Ltd., Class A | 565143 | 1943710 |
|  | Henan Thinker Automatic Equipment Co. Ltd., Class A | 253100 | 899556 |
|  \* | Henan Yicheng New Energy Co. Ltd., Class A | 1001500 | 490188 |
|  | Henan Yuguang Gold & Lead Co. Ltd., Class A | 861100 | 818879 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Henan Yuneng Holdings Co. Ltd., Class A | 428399 | $248339 |
|  \* | Henan Zhongfu Industry Co. Ltd., Class A | 1500100 | 812488 |
|  | Henan Zhongyuan Expressway Co. Ltd., Class A | 1011125 | 633054 |
|  | Hengan International Group Co. Ltd. | 5302622 | 14296218 |
|  \* | Hengdeli Holdings Ltd. | 7280834 | 90212 |
|  | Hengdian Group DMEGC Magnetics Co. Ltd., Class A | 537630 | 967984 |
|  | Hengdian Group Tospo Lighting Co. Ltd., Class A | 112100 | 182923 |
|  | Hengli Petrochemical |  |  |
|  | Co. Ltd., Class A | 1323812 | 2786416 |
|  | Hengtong Logistics Co. Ltd., Class A | 81300 | 97274 |
|  | Hengtong Optic-electric Co. Ltd., Class A | 596604 | 1268108 |
|  | Hengyi Petrochemical Co. Ltd., Class A | 1012044 | 848604 |
|  | Hesteel Co. Ltd., Class A | 4520900 | 1350988 |
|  | Hexing Electrical Co. Ltd., Class A | 207610 | 756003 |
|  | HG Technologies Co. Ltd., Class A | 58700 | 126721 |
|  \* | Hi Sun Technology China Ltd. | 9834000 | 392882 |
|  | Hiecise Precision Equipment Co. Ltd., Class A | 41620 | 243798 |
|  # | Hisense Home Appliances Group Co. Ltd., Class H | 2788000 | 8454900 |
|  | Hisense Visual Technology Co. Ltd., Class A | 221700 | 727507 |
|  | Hitevision Co. Ltd., Class A | 101000 | 331741 |
|  | Hithink RoyalFlush Information Network Co. Ltd., Class A | 61216 | 2171921 |
|  | HLA Group Corp. Ltd., Class A | 1599600 | 1828318 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | HMT Xiamen New Technical Materials Co. Ltd., Class A | 99400 | $474251 |
|  \* | HNA Technology Co. Ltd., Class A | 962771 | 370946 |
|  | Homeland Interactive Technology Ltd. | 452000 | 60202 |
|  | Hongfa Technology Co. Ltd., Class A | 172336 | 780680 |
|  \* | Honghua Group Ltd. | 9408000 | 173404 |
|  | Hongli Zhihui Group Co. Ltd., Class A | 328600 | 280446 |
|  \* | Hongmian Zhihui Science & Technology Innovation Co. Ltd. Guangzhou | 431400 | 188431 |
|  | Hongrun Construction Group Co. Ltd., Class A | 1021400 | 670334 |
|  | Hongta Securities Co. Ltd., Class A | 284549 | 288948 |
|  | Hongyuan Green Energy Co. Ltd., Class A | 182026 | 356209 |
|  \* | Hopson Development Holdings Ltd. | 8705152 | 3258715 |
|  | Horizon Construction Development Ltd. | 3349960 | 478227 |
|  | Hoshine Silicon Industry Co. Ltd., Class A | 61800 | 434474 |
|  | Hoymiles Power Electronics, Inc., Class A | 12815 | 171457 |
|  | Huaan Securities Co. Ltd., Class A | 867940 | 660462 |
|  | Huabao Flavours & Fragrances Co. Ltd., Class A | 69300 | 153044 |
|  \* | Huachangda Intelligent Equipment Group Co. Ltd., Class A | 55100 | 39439 |
|  | Huada Automotive Technology Corp. Ltd., Class A | 86300 | 414697 |
|  | Huadian Heavy Industries Co. Ltd., Class A | 626000 | 517543 |
|  | Huadian Power International Corp. Ltd., Class H | 6446000 | 3609855 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Huadong Medicine Co. Ltd., Class A | 385032 | $2057979 |
|  | Huafon Chemical Co. Ltd., Class A | 1344691 | 1239191 |
|  | Huafu Fashion Co. Ltd., Class A | 931250 | 794462 |
|  | Huagong Tech Co. Ltd., Class A | 117400 | 655760 |
|  | Huaibei Mining Holdings Co. Ltd., Class A | 943000 | 1540106 |
|  | Huakai Yibai Technology Co. Ltd., Class A | 220480 | 336623 |
|  | Hualan Biological Engineering, Inc., Class A | 278360 | 627685 |
|  | Huaming Power Equipment Co. Ltd., Class A | 143100 | 295371 |
|  | Huaneng Power International, Inc., Class H | 10330000 | 6398941 |
|  | Huangshan Novel Co. Ltd., Class A | 403021 | 593375 |
|  | Huangshan Tourism Development Co. Ltd., Class A | 437600 | 713998 |
|  #\* | Huanxi Media Group Ltd. | 2260000 | 107462 |
|  | Huapont Life Sciences Co. Ltd., Class A | 801223 | 448094 |
|  W | Huatai Securities Co. Ltd., Class H | 2964800 | 4393839 |
|  | Huatu Cendes Co. Ltd., Class A | 13010 | 170858 |
|  | Huaxi Securities Co. Ltd., Class A | 461800 | 511249 |
|  | Huaxia Bank Co. Ltd., Class A | 2003788 | 2007204 |
|  | Huaxin Cement Co. Ltd. (600801 C1), Class A | 667224 | 1104356 |
|  | Huaxin Cement Co. Ltd. (6655 HK), Class H | 1130200 | 1314956 |
|  | Huayu Automotive Systems Co. Ltd., Class A | 926531 | 2274345 |
|  \* | Hubei Biocause Pharmaceutical Co. Ltd., Class A | 1029137 | 386044 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Hubei Chutian Smart Communication Co. Ltd., Class A | 1605116 | $978314 |
|  \* | Hubei Dinglong Co. Ltd., Class A | 104300 | 428182 |
|  | Hubei Energy Group Co. Ltd., Class A | 904500 | 576765 |
|  | Hubei Huitian New Materials Co. Ltd., Class A | 266300 | 309574 |
|  | Hubei Jumpcan Pharmaceutical Co. Ltd., Class A | 358905 | 1299501 |
|  | Hubei Xingfa Chemicals Group Co. Ltd., Class A | 440078 | 1237570 |
|  | Hubei Yihua Chemical Industry Co. Ltd., Class A | 384900 | 577422 |
|  | Hubei Zhenhua Chemical Co. Ltd., Class A | 283700 | 873905 |
|  | Huishang Bank Corp. Ltd., Class H | 425400 | 159743 |
|  \*W | Huitongda Network Co. Ltd., Class H | 31900 | 48257 |
|  | Huizhou Desay Sv Automotive Co. Ltd., Class A | 65916 | 947538 |
|  | Humanwell Healthcare Group Co. Ltd., Class A | 408900 | 1174225 |
|  | Hunan Aihua Group Co. Ltd., Class A | 221922 | 461721 |
|  | Hunan Corun New Energy Co. Ltd., Class A | 318900 | 207531 |
|  \* | Hunan Er-Kang Pharmaceutical Co. Ltd., Class A | 1195500 | 471672 |
|  | Hunan Friendship & Apollo Commercial Co. Ltd., Class A | 755300 | 550698 |
|  | Hunan Gold Corp. Ltd., Class A | 573904 | 1776121 |
|  | Hunan Jiudian Pharmaceutical Co. Ltd., Class A | 184140 | 405230 |
|  \* | Hunan Kaimeite Gases Co. Ltd., Class A | 134400 | 154611 |
|  \* | Hunan New Wellful Co. Ltd., Class A | 719600 | 599371 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Hunan TV & Broadcast Intermediary Co. Ltd., Class A | 509900 | $506736 |
|  | Hunan Valin Steel Co. Ltd., Class A | 2191200 | 1473622 |
|  | Hunan Zhongke Electric Co. Ltd., Class A | 371000 | 772408 |
|  | Hundsun Technologies, Inc., Class A | 107129 | 384115 |
|  | HUYA, Inc., ADR | 566793 | 2131142 |
|  #\*W | Hygeia Healthcare Holdings Co. Ltd. | 2820600 | 5085930 |
|  | Hymson Laser Technology Group Co. Ltd., Class A | 128870 | 480264 |
|  \* | Hytera Communications Corp. Ltd., Class A | 281902 | 433466 |
|  \* | HyUnion Holding Co. Ltd., Class A | 565900 | 542204 |
|  \* | IAT Automobile Technology Co. Ltd., Class A | 138000 | 189653 |
|  #\*W | iDreamSky Technology Holdings Ltd. | 380400 | 42550 |
|  | Iflytek Co. Ltd., Class A | 84490 | 548300 |
|  | IKD Co. Ltd., Class A | 398433 | 912460 |
|  \*W | IMAX China Holding, Inc. | 921100 | 767337 |
|  | Imeik Technology Development Co. Ltd., Class A | 44940 | 1068856 |
|  | Industrial & Commercial Bank of China Ltd., Class H | 124830725 | 85510463 |
|  | Industrial Bank Co. Ltd., Class A | 3638780 | 10464822 |
|  | Industrial Securities Co. Ltd., Class A | 1005632 | 801289 |
|  | Infore Environment Technology Group Co. Ltd., Class A | 775242 | 637600 |
|  #\*W | Ingdan, Inc. | 3976000 | 622878 |
|  | Ingenic Semiconductor Co. Ltd., Class A | 23400 | 218817 |
|  | Inkeverse Group Ltd.. | 3157000 | 592564 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | INKON Life Technology Co. Ltd., Class A | 138500 | $178966 |
|  | Inmyshow Digital Technology Group Co. Ltd., Class A | 1098700 | 722928 |
|  \* | Inner Mongolia BaoTou Steel Union Co. Ltd., Class A | 1512000 | 359949 |
|  | Inner Mongolia Dian Tou Energy Corp. Ltd., Class A | 808212 | 1986361 |
|  | Inner Mongolia ERDOS Resources |  |  |
|  | Co. Ltd., Class A | 583264 | 729947 |
|  \* | Inner Mongolia Furui Medical Science Co. Ltd., Class A | 87100 | 359549 |
|  | Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd., Class A | 2429776 | 1810712 |
|  | Inner Mongolia MengDian HuaNeng Thermal Power Corp. Ltd., Class A | 854400 | 469544 |
|  | Inner Mongolia Xingye Silver&Tin Mining Co. Ltd., Class A | 470200 | 860801 |
|  | Inner Mongolia Yili Industrial Group Co. Ltd., Class A | 1047500 | 4292169 |
|  | Inner Mongolia Yuan Xing Energy Co. Ltd., Class A | 1527000 | 1078709 |
|  \*W | InnoCare Pharma Ltd. | 3046000 | 3979869 |
|  | Innuovo Technology Co. Ltd., Class A | 561500 | 809704 |
|  | Insigma Technology Co. Ltd., Class A | 383800 | 556958 |
|  | Inspur Digital Enterprise Technology Ltd. | 2578000 | 2603347 |
|  | Intco Medical Technology Co. Ltd., Class A | 194408 | 595728 |
|  # | Intron Technology Holdings Ltd. | 1660000 | 282820 |
|  \* | iQIYI, Inc., ADR | 3953410 | 7274274 |
|  | iRay Group, Class A | 24413 | 407289 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | IRICO Display Devices Co. Ltd., Class A | 1040300 | $959329 |
|  # | IVD Medical Holding Ltd. | 677000 | 150367 |
|  | JA Solar Technology Co. Ltd., Class A | 838014 | 1102264 |
|  | Jade Bird Fire Co. Ltd., Class A | 423013 | 646076 |
|  | Jafron Biomedical Co. Ltd., Class A | 161864 | 476267 |
|  | Jangho Group Co. Ltd., Class A | 935300 | 685753 |
|  | Jason Furniture Hangzhou Co. Ltd., Class A | 248957 | 855193 |
|  | JCET Group Co. Ltd., Class A | 464706 | 2140725 |
|  | JCHX Mining Management Co. Ltd., Class A | 128800 | 656458 |
|  \*W | JD Health International, Inc. | 2333600 | 11073396 |
|  \*W | JD Logistics, Inc. | 7371000 | 11560766 |
|  | JD.com, Inc. (9618 HK), Class A | 4693642 | 76419178 |
|  | JD.com, Inc. (JD US), ADR | 54206 | 1768200 |
|  \*W | Jenscare Scientific Co. Ltd., Class H | 40600 | 30597 |
|  | JF SmartInvest Holdings Ltd. | 110500 | 520326 |
|  \* | JH Educational Technology, Inc. | 668000 | 69883 |
|  | Jia Yao Holdings Ltd. | 302000 | 126511 |
|  | Jiajiayue Group Co. Ltd., Class A | 309001 | 449415 |
|  | Jiang Su Suyan Jingshen Co. Ltd., Class A | 481400 | 633955 |
|  | Jiangling Motors Corp. Ltd., Class A | 384025 | 995104 |
|  | Jianglong Shipbuilding Co. Ltd., Class A | 124600 | 186695 |
|  | Jiangsu Asia-Pacific Light Alloy Technology Co. Ltd., Class A | 815600 | 647979 |
|  | Jiangsu Azure Corp., Class A | 541640 | 948080 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jiangsu Bojun Industrial Technology Co. Ltd., Class A | 142135 | $504106 |
|  | Jiangsu Boqian New Materials Stock Co. Ltd., Class A | 34300 | 166394 |
|  | Jiangsu Changbao Steeltube Co. Ltd., Class A | 510200 | 363607 |
|  | Jiangsu Changshu Automotive Trim Group Co. Ltd., Class A | 285500 | 509552 |
|  | Jiangsu Changshu Rural Commercial Bank Co. Ltd., Class A | 1122880 | 1123521 |
|  | Jiangsu Cnano Technology Co. Ltd., Class A | 6422 | 38684 |
|  \* | Jiangsu Dagang Co. Ltd., Class A | 180200 | 344223 |
|  | Jiangsu Dingsheng New Energy Materials Co. Ltd., Class A | 593940 | 704267 |
|  | Jiangsu Eastern Shenghong Co. Ltd., Class A | 662174 | 802613 |
|  | Jiangsu Expressway Co. Ltd., Class H | 5022000 | 6249284 |
|  | Jiangsu Financial Leasing Co. Ltd., Class A | 1695840 | 1246666 |
|  | Jiangsu General Science Technology Co. Ltd., Class A | 1129000 | 707508 |
|  | Jiangsu Gian Technology Co. Ltd., Class A | 84900 | 381333 |
|  | Jiangsu Guomao Reducer Co. Ltd., Class A | 179785 | 391083 |
|  | Jiangsu Guotai International Group Co. Ltd., Class A | 725795 | 715524 |
|  \* | Jiangsu Haili Wind Power Equipment Technology Co. Ltd., Class A | 56900 | 470640 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jiangsu Hengli Hydraulic Co. Ltd., Class A | 105354 | $1084876 |
|  | Jiangsu Hengrui Pharmaceuticals Co. Ltd., Class A | 335614 | 2358505 |
|  | Jiangsu Hengshun Vinegar Industry Co. Ltd., Class A | 332128 | 360272 |
|  \* | Jiangsu High Hope International Group Corp., Class A | 582700 | 198590 |
|  | Jiangsu Hongdou Industrial Co. Ltd., Class A | 428928 | 125280 |
|  | Jiangsu Hongtian Technology Co. Ltd., Class A | 90000 | 285389 |
|  \* | Jiangsu Hoperun Software Co. Ltd., Class A | 41500 | 296855 |
|  | Jiangsu Huachang Chemical Co. Ltd., Class A | 745600 | 716854 |
|  | Jiangsu Jiangyin Rural Commercial Bank Co. Ltd., Class A | 1761000 | 1005936 |
|  | Jiangsu Jibeier Pharmaceutical Co. Ltd., Class A | 14909 | 48826 |
|  | Jiangsu Jiejie Microelectronics Co. Ltd., Class A | 202437 | 816080 |
|  | Jiangsu Kanion Pharmaceutical Co. Ltd., Class A | 379680 | 661662 |
|  | Jiangsu King's Luck Brewery JSC Ltd., Class A | 261601 | 1706994 |
|  | Jiangsu Leili Motor Co. Ltd., Class A | 52576 | 435517 |
|  | Jiangsu Lianyungang Port Co. Ltd., Class A | 867100 | 642589 |
|  | Jiangsu Lihua Foods Group Co. Ltd. | 260860 | 681705 |
|  | Jiangsu Linyang Energy Co. Ltd., Class A | 647200 | 493468 |
|  \* | Jiangsu Lopal Tech Co. Ltd., Class A | 239000 | 321283 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jiangsu Nata Opto-electronic Material Co. Ltd., Class A | 103800 | $565409 |
|  | Jiangsu Nhwa Pharmaceutical Co. Ltd., Class A | 260900 | 801956 |
|  | Jiangsu Pacific Quartz Co. Ltd., Class A | 160550 | 716275 |
|  | Jiangsu Phoenix Publishing & Media Corp. Ltd., Class A | 571000 | 923386 |
|  | Jiangsu Provincial Agricultural Reclamation & Development Corp., Class A | 624300 | 836326 |
|  | Jiangsu Rainbow Heavy Industries Co. Ltd., Class A | 731800 | 615832 |
|  | Jiangsu Shagang Co. Ltd., Class A | 652732 | 527662 |
|  | Jiangsu Shemar Electric Co. Ltd., Class A | 168100 | 556250 |
|  | Jiangsu Shentong Valve Co. Ltd., Class A | 295702 | 441291 |
|  | Jiangsu Shuangxing Color Plastic New Materials Co. Ltd., Class A | 649100 | 442819 |
|  | Jiangsu Sidike New Material Science & Technology Co. Ltd. (300806 C2), Class A | 152540 | 321895 |
|  | Jiangsu Sidike New Material Science & Technology Co. Ltd. (300806 CH), Class A | 46144 | 97375 |
|  \* | Jiangsu Sopo Chemical Co., Class A | 483716 | 548242 |
|  | Jiangsu Suzhou Rural Commercial Bank Co. Ltd., Class A | 1313000 | 948353 |
|  | Jiangsu ToLand Alloy Co. Ltd., Class A | 160870 | 480615 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jiangsu Tongrun Equipment Technology Co. Ltd., Class A | 84700 | $127414 |
|  | Jiangsu Xinquan Automotive Trim Co. Ltd., Class A | 155800 | 865869 |
|  | Jiangsu Yanghe Distillery Co. Ltd., Class A | 360158 | 3402205 |
|  | Jiangsu Yangnong Chemical Co. Ltd., Class A | 121390 | 862040 |
|  | Jiangsu Yinhe Electronics Co. Ltd., Class A | 338000 | 193913 |
|  | Jiangsu Yoke Technology Co. Ltd., Class A | 52300 | 397467 |
|  | Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., Class A | 192674 | 914338 |
|  | Jiangsu Zhangjiagang Rural Commercial Bank Co. Ltd., Class A | 2067071 | 1196064 |
|  | Jiangsu Zhongtian Technology Co. Ltd., Class A | 779306 | 1496863 |
|  | Jiangsu Zijin Rural Commercial Bank Co. Ltd., Class A | 2214852 | 823952 |
|  | Jiangxi Bank Co. Ltd., Class H | 121500 | 11603 |
|  \* | Jiangxi Black Cat Carbon Black Co. Ltd., Class A | 344100 | 523378 |
|  | Jiangxi Copper Co. Ltd., Class H | 5037000 | 8463647 |
|  \* | Jiangxi Fushine Pharmaceutical Co. Ltd., Class A | 245900 | 285616 |
|  | Jiangxi Ganneng Co. Ltd., Class A | 285600 | 361299 |
|  | Jiangxi Ganyue Expressway Co. Ltd., Class A | 493200 | 349143 |
|  | Jiangxi Guotai Group Co. Ltd., Class A | 307700 | 532213 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jiangxi Huangshanghuang Group Food Co. Ltd., Class A | 218000 | $305567 |
|  | Jiangxi Xinyu Guoke Technology Co. Ltd., Class A | 162143 | 609854 |
|  | Jiangyin Haida Rubber & Plastic Co. Ltd., Class A | 297800 | 413850 |
|  \* | Jiangyin Hengrun Heavy Industries Co. Ltd., Class A | 119000 | 298306 |
|  | Jiangyin Jianghua Microelectronics Materials Co. Ltd., Class A | 79100 | 214955 |
|  | Jiangzhong Pharmaceutical Co. Ltd., Class A | 331900 | 1046415 |
|  | Jianmin Pharmaceutical Group Co. Ltd., Class A | 71900 | 414880 |
|  | Jiaozuo Wanfang Aluminum Manufacturing Co. Ltd., Class A | 777790 | 720163 |
|  | Jiayou International Logistics Co. Ltd., Class A | 340175 | 652466 |
|  | Jiaze Renewables Co. Ltd. | 475100 | 236968 |
|  | Jilin Aodong Pharmaceutical Group Co. Ltd., Class A | 144570 | 318216 |
|  \* | Jilin Chemical Fibre, Class A | 1293000 | 644839 |
|  | Jilin Electric Power Co. Ltd., Class A | 967000 | 710940 |
|  | Jilin OLED Material Tech Co. Ltd., Class A | 8960 | 22492 |
|  †† | Jilin Zixin Pharmaceutical Industrial Co. Ltd., Class A | 244700 | 2358 |
|  # | Jinchuan Group International Resources Co. Ltd. | 17701000 | 1460705 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jinduicheng Molybdenum Co. Ltd., Class A | 1186700 | $1603222 |
|  | Jinghua Pharmaceutical Group Co. Ltd., Class A | 455700 | 437099 |
|  | Jingjin Equipment, Inc., Class A | 379680 | 850853 |
|  | Jinhong Gas Co. Ltd., Class A | 266229 | 608776 |
|  | Jinhui Liquor Co. Ltd., Class A | 209200 | 553761 |
|  \* | Jinke Smart Services Group Co. Ltd., Class H | 160700 | 146960 |
|  | JinkoSolar Holding Co. Ltd., ADR | 334495 | 5739934 |
|  | Jinlei Technology Co. Ltd., Class A | 163500 | 443719 |
|  | Jinneng Holding Shanxi Coal Industry Co. Ltd., Class A | 619700 | 945038 |
|  \* | Jinneng Holding Shanxi Electric Power Co. Ltd., Class A | 1055100 | 385180 |
|  | Jinneng Science&Technology Co. Ltd., Class A | 480459 | 411908 |
|  #W | Jinxin Fertility Group Ltd. | 11194500 | 4186646 |
|  | Jinyu Bio-Technology Co. Ltd., Class A | 535000 | 500715 |
|  | Jinzai Food Group Co. Ltd., Class A | 252800 | 449720 |
|  | JiuGui Liquor Co. Ltd., Class A | 45000 | 265741 |
|  #W | Jiumaojiu International Holdings Ltd. | 9257000 | 3002842 |
|  | Jiuzhitang Co. Ltd., Class A | 161745 | 205983 |
|  | Jizhong Energy Resources Co. Ltd., Class A | 1534400 | 1318681 |
|  | JL Mag Rare-Earth Co. Ltd. (300748 C2), Class A | 209387 | 591222 |
|  | JNBY Design Ltd. | 1738000 | 3286661 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Joincare Pharmaceutical Group Industry Co. Ltd., Class A | 608949 | $888923 |
|  | Joinn Laboratories China Co. Ltd., Class A | 184104 | 395653 |
|  W | Joinn Laboratories China Co. Ltd., Class H | 68800 | 87073 |
|  | Jointo Energy Investment Co. Ltd. Hebei, Class A | 635500 | 561657 |
|  | Jointown Pharmaceutical Group Co. Ltd., Class A | 1480002 | 1102540 |
|  | Jolywood Suzhou Sunwatt Co. Ltd., Class A | 485900 | 344047 |
|  | Jones Tech PLC, Class A | 81200 | 272720 |
|  | Jonjee Hi-Tech Industrial & Commercial Holding Co. Ltd., Class A | 180078 | 478177 |
|  | Joy City Property Ltd. | 23668000 | 634940 |
|  | Joyoung Co. Ltd., Class A | 359034 | 469687 |
|  | JS Corrugating Machinery Co. Ltd., Class A | 309800 | 456498 |
|  #\*W | JS Global Lifestyle Co. Ltd. | 6535500 | 1515970 |
|  | JSTI Group, Class A | 594500 | 720348 |
|  \* | Ju Teng International Holdings Ltd. | 6498090 | 1143339 |
|  | Juewei Food Co. Ltd., Class A | 463899 | 1013261 |
|  | Juneyao Airlines Co. Ltd., Class A | 518800 | 886297 |
|  | Jutal Offshore Oil Services Ltd. | 1124000 | 94037 |
|  \*W | JW Cayman Therapeutics Co. Ltd. | 141500 | 27774 |
|  | Kailuan Energy Chemical Co. Ltd., Class A | 857900 | 713435 |
|  | Kaishan Group Co. Ltd., Class A | 562800 | 676691 |
|  # | Kangji Medical Holdings Ltd. | 1324000 | 1277637 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | KBC Corp. Ltd., Class A | 118303 | $399766 |
|  | Keboda Technology Co. Ltd., Class A | 59300 | 442830 |
|  | Keda Industrial Group Co. Ltd., Class A | 688100 | 858853 |
|  | KEDE Numerical Control Co. Ltd., Class A | 29242 | 304400 |
|  | Keeson Technology Corp. Ltd., Class A | 138302 | 195009 |
|  | Kehua Data Co. Ltd., Class A | 262260 | 1535813 |
|  | Keli Motor Group Co. Ltd., Class A | 197800 | 424003 |
|  | Keli Sensing Technology Ningbo Co. Ltd., Class A | 20500 | 192150 |
|  | Keshun Waterproof Technologies Co. Ltd., Class A | 641600 | 415992 |
|  | Kidswant Children Products Co. Ltd., Class A | 675297 | 1185060 |
|  # | Kinetic Development Group Ltd. | 12090000 | 1837302 |
|  | Kingboard Holdings Ltd. | 5236666 | 14067927 |
|  | Kingboard Laminates Holdings Ltd. | 8013484 | 8366512 |
|  | KingClean Electric Co. Ltd., Class A | 165668 | 485014 |
|  | Kingfa Sci & Tech Co. Ltd., Class A | 860790 | 1300981 |
|  | Kingnet Network Co. Ltd., Class A | 543300 | 1268978 |
|  | Kingsemi Co. Ltd., Class A | 2000 | 26241 |
|  | Kingsoft Corp. Ltd. | 5774600 | 28771391 |
|  | Konfoong Materials International Co. Ltd., Class A | 18059 | 185476 |
|  \* | Konka Group Co. Ltd., Class A | 708000 | 533043 |
|  | KPC Pharmaceuticals, Inc., Class A | 357996 | 754272 |
|  | Kuaijishan Shaoxing Wine Co. Ltd., Class A | 265300 | 543514 |
|  \*W | Kuaishou Technology | 7493100 | 49456636 |
|  | Kuangda Technology Group Co. Ltd., Class A | 971500 | 673180 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Kunlun Energy Co. Ltd. | 24232000 | $23097337 |
|  | Kunshan Dongwei Technology Co. Ltd., Class A | 14110 | 65809 |
|  | Kunshan Huguang Auto Harness Co. Ltd., Class A | 80900 | 334630 |
|  | Kunshan Kinglai Hygienic Materials Co. Ltd., Class A | 130820 | 574823 |
|  \* | Kunwu Jiuding Investment Holdings Co. Ltd., Class A | 155582 | 279262 |
|  | Kweichow Moutai Co. Ltd., Class A | 184374 | 39280940 |
|  \* | KWG Group Holdings Ltd. (1813 H1) | 263500 | 11042 |
|  #\* | KWG Group Holdings Ltd. (1813 HK) | 9620144 | 401214 |
|  \* | KWG Living Group Holdings Ltd. | 8727072 | 364954 |
|  \* | Kyland Technology Co. Ltd., Class A | 154400 | 444446 |
|  | Lakala Payment Co. Ltd., Class A | 239668 | 698827 |
|  | Lancy Co. Ltd., Class A | 256100 | 560321 |
|  \* | Lanzhou LS Heavy Equipment Co. Ltd., Class A | 334600 | 305912 |
|  | Lao Feng Xiang Co. Ltd., Class A | 179880 | 1188790 |
|  | Laobaixing Pharmacy Chain JSC, Class A | 308691 | 854345 |
|  | Launch Tech Co. Ltd., Class H | 432500 | 579470 |
|  | LB Group Co. Ltd., Class A | 595785 | 1361052 |
|  | Lee & Man Chemical Co. Ltd. | 1849339 | 833343 |
|  # | Lee & Man Paper Manufacturing Ltd. | 9787200 | 2630092 |
|  | Lee's Pharmaceutical Holdings Ltd. | 2451000 | 420292 |
|  \*W | Legend Holdings Corp., Class H | 4784800 | 4749805 |
|  | Lens Technology Co. Ltd., Class A | 1156528 | 3326853 |
|  | Leo Group Co. Ltd., Class A | 190700 | 97915 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Leoch International Technology Ltd. | 654000 | $196635 |
|  | Lepu Medical Technology Beijing Co. Ltd., Class A | 322230 | 497747 |
|  \* | Leshan Giantstar Farming & Husbandry Corp. Ltd., Class A | 399300 | 1101154 |
|  | Levima Advanced Materials Corp., Class A | 192700 | 389972 |
|  | LexinFintech Holdings Ltd., ADR | 777806 | 6105777 |
|  | Leyard Optoelectronic Co. Ltd., Class A | 572150 | 484665 |
|  \* | Li Auto, Inc. (2015 HK), Class A | 1220000 | 14865298 |
|  \* | Li Auto, Inc. (LI US), ADR | 49980 | 1219012 |
|  | Li Ning Co. Ltd. | 16886583 | 31836918 |
|  \* | LianChuang Electronic Technology Co. Ltd., Class A | 196200 | 287507 |
|  | Lianhe Chemical Technology Co. Ltd., Class A | 494797 | 430914 |
|  \* | Liao Ning Oxiranchem, Inc. (300082 C2), Class A | 100 | 83 |
|  \* | Liao Ning Oxiranchem, Inc. (300082 CH), Class A | 224600 | 186742 |
|  | Liaoning Cheng Da Co. Ltd., Class A | 441134 | 607070 |
|  | Liaoning Energy Industry Co. Ltd., Class A | 510500 | 245479 |
|  | Liaoning Port Co. Ltd., Class H | 1482000 | 127866 |
|  \* | Lier Chemical Co. Ltd., Class A | 494080 | 694380 |
|  \* | Lifestyle China Group Ltd. | 1898000 | 159021 |
|  #\* | Lifetech Scientific Corp. | 18466000 | 3426093 |
|  | Lijiang Yulong Tourism Co. Ltd., Class A | 378620 | 463327 |
|  | Linewell Software Co. Ltd., Class A | 133100 | 225179 |

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  # | Lingbao Gold Group Co. Ltd., Class H | 2940000 | $3246438 |
|  | Lingyi iTech Guangdong Co., Class A | 1577100 | 1737350 |
|  W | Linklogis, Inc., Class B | 4006000 | 598797 |
|  \* | Liuzhou Iron & Steel Co. Ltd., Class A | 931417 | 413436 |
|  # | Livzon Pharmaceutical Group, Inc., Class H | 1288717 | 4274003 |
|  | Lizhong Sitong Light Alloys Group Co. Ltd., Class A | 301740 | 687475 |
|  # | LK Technology Holdings Ltd. | 3870000 | 1390643 |
|  | Loncin Motor Co. Ltd., Class A | 639729 | 1097344 |
|  W | Longfor Group Holdings Ltd. | 7485000 | 10011727 |
|  | Longhua Technology Group Luoyang Co. Ltd., Class A | 438831 | 410145 |
|  | LONGi Green Energy Technology Co. Ltd., Class A | 564715 | 1143410 |
|  | Longshine Technology Group Co. Ltd., Class A | 244551 | 473423 |
|  | Lonking Holdings Ltd. | 15402000 | 3878259 |
|  | Lontium Semiconductor Corp., Class A | 24035 | 247024 |
|  \* | Lotus Holdings Co. Ltd. | 584400 | 530466 |
|  | Lucky Harvest Co. Ltd., Class A | 115700 | 860752 |
|  | Luenmei Quantum Co. Ltd., Class A | 493705 | 399016 |
|  | Luoniushan Co. Ltd., Class A | 536000 | 436400 |
|  \* | Luoxin Pharmaceuticals Group Stock Co. Ltd., Class A | 481697 | 290962 |
|  | Luoyang Xinqianglian Slewing Bearing Co. Ltd., Class A | 207390 | 818472 |
|  | Lushang Freda Pharmaceutical Co. Ltd., Class A | 468800 | 478978 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Luxi Chemical Group Co. Ltd., Class A | 714800 | $1051653 |
|  | Luxin Venture Capital Group Co. Ltd., Class A | 327500 | 518775 |
|  | Luxshare Precision Industry Co. Ltd., Class A | 1375261 | 5853880 |
|  | Luyang Energy-Saving Materials Co. Ltd. | 271310 | 448039 |
|  #\*W | Luye Pharma Group Ltd. | 14098500 | 3660375 |
|  | Luzhou Laojiao Co. Ltd., Class A | 248147 | 4228537 |
|  #\* | Maanshan Iron & Steel Co. Ltd., Class H | 10188177 | 2151533 |
|  | Maccura Biotechnology Co. Ltd., Class A | 372773 | 584001 |
|  | Malion New Materials Co. Ltd., Class A | 183150 | 214198 |
|  | Mango Excellent Media Co. Ltd., Class A | 582097 | 1823093 |
|  #\*W | Maoyan Entertainment | 3035200 | 2666960 |
|  | Marssenger Kitchenware Co. Ltd., Class A | 66100 | 114517 |
|  | Maxscend Microelectronics Co. Ltd., Class A | 18688 | 193129 |
|  | Maxvision Technology Corp., Class A | 101500 | 395120 |
|  | Mayinglong Pharmaceutical Group Co. Ltd., Class A | 116800 | 411980 |
|  \* | MCC Meili Cloud Computing Industry Investment Co. Ltd., Class A | 30200 | 57179 |
|  W | Medlive Technology Co. Ltd. | 283500 | 441413 |
|  | Mehow Innovative Ltd., Class A | 22600 | 73633 |
|  | MeiG Smart Technology Co. Ltd., Class A | 16400 | 111458 |
|  | Meihua Holdings Group Co. Ltd., Class A | 785600 | 1185423 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Meilleure Health International Industry Group Ltd. | 420000 | $15979 |
|  | Meinian Onehealth Healthcare Holdings Co. Ltd., Class A | 922200 | 677380 |
|  W | Meitu, Inc. | 9430500 | 6652385 |
|  \*W | Meituan, Class B | 5748660 | 95183081 |
|  | Mesnac Co. Ltd., Class A | 841600 | 905206 |
|  | Metallurgical Corp. of China Ltd., Class H | 10798000 | 2041718 |
|  | M-Grass Ecology & Environment Group Co. Ltd., Class A | 896623 | 516420 |
|  # | MicroPort NeuroScientific Corp. | 43777 | 59146 |
|  #\* | Microport Scientific Corp. | 2232200 | 2015567 |
|  | Micro-Tech Nanjing Co. Ltd., Class A | 35743 | 294720 |
|  | Midea Group Co. Ltd., Class A | 1183746 | 12001519 |
|  #W | Midea Real Estate Holding Ltd. | 2330400 | 1209404 |
|  | Milkyway Intelligent Supply Chain Service Group Co. Ltd., Class A | 91900 | 611303 |
|  | Ming Yang Smart Energy Group Ltd., Class A | 391416 | 550426 |
|  | Ming Yuan Cloud Group Holdings Ltd. | 4908000 | 1836157 |
|  \* | Mingfa Group International Co. Ltd. | 4051000 | 57200 |
|  | MINISO Group Holding Ltd. | 2064600 | 9282304 |
|  \* | Minmetals Development Co. Ltd., Class A | 779000 | 768590 |
|  \* | Minmetals Land Ltd. | 9937644 | 537538 |
|  \* | Minth Group Ltd. | 6615000 | 15800713 |
|  | Miracle Automation Engineering Co. Ltd., Class A | 77100 | 159552 |
|  | Miracll Chemicals Co. Ltd., Class A | 38575 | 87231 |
|  | MLS Co. Ltd., Class A | 530700 | 577062 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \*W | Mobvista, Inc. | 2440000 | $1740371 |
|  \* | MOG Digitech Holdings Ltd. | 454000 | 19034 |
|  | Monalisa Group Co. Ltd., Class A | 55155 | 61472 |
|  | Montage Technology Co. Ltd., Class A | 15822 | 167489 |
|  | Moon Environment Technology Co. Ltd., Class A | 667300 | 1057888 |
|  | Motic Xiamen Electric Group Co. Ltd., Class A | 126500 | 267921 |
|  | Muyuan Foods Co. Ltd., Class A | 1170877 | 6396595 |
|  \*†† | Myhome Real Estate Development Group Co. Ltd., Class A | 1308300 | 0 |
|  | MYS Group Co. Ltd., Class A | 833000 | 400018 |
|  | Nancal Technology Co. Ltd., Class A | 71484 | 302742 |
|  \* | Nanfang Zhongjin Environment Co. Ltd., Class A | 1112700 | 533353 |
|  | Nanhua Futures Co. Ltd., Class A | 466400 | 764767 |
|  | NanJi E-Commerce Co. Ltd., Class A | 677950 | 410822 |
|  | Nanjing Cosmos Chemical Co. Ltd., Class A | 84500 | 233446 |
|  | Nanjing Hanrui Cobalt Co. Ltd., Class A | 136220 | 594340 |
|  | Nanjing Iron & Steel Co. Ltd., Class A | 2527900 | 1503623 |
|  | Nanjing King-Friend Biochemical Pharmaceutical Co. Ltd., Class A | 116628 | 163391 |
|  | Nanjing Pharmaceutical Co. Ltd., Class A | 1077100 | 773074 |
|  | Nanjing Securities Co. Ltd., Class A | 479160 | 510655 |
|  \* | Nanjing Tanker Corp., Class A | 1500600 | 551478 |
|  | Nanjing Xinjiekou Department Store Co. Ltd., Class A | 779048 | 681400 |
|  | Nantong Jianghai Capacitor Co. Ltd., Class A | 384800 | 966918 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Nantong Jiangshan Agrochemical & Chemical LLC, Class A | 211800 | $479232 |
|  | NARI Technology Co. Ltd., Class A | 899226 | 2743636 |
|  | Natural Food International Holding Ltd. | 96000 | 7546 |
|  | NAURA Technology Group Co. Ltd., Class A | 37800 | 2350664 |
|  \* | NavInfo Co. Ltd., Class A | 399600 | 458363 |
|  #\* | Nayuki Holdings Ltd. | 1000000 | 144724 |
|  | NBTM New Materials Group Co. Ltd., Class A | 282400 | 778190 |
|  | NetDragon Websoft Holdings Ltd. | 2218500 | 2831218 |
|  \*W | NetEase Cloud Music, Inc. | 33450 | 782288 |
|  | NetEase, Inc. (9999 HK) | 3062200 | 65826127 |
|  | NetEase, Inc. (NTES US), ADR | 81224 | 8695841 |
|  | Neusoft Corp., Class A | 141900 | 196785 |
|  | Neutech Group Ltd. | 115200 | 45883 |
|  | New China Life Insurance Co. Ltd., Class H | 4622100 | 16879494 |
|  | New Hope Dairy Co. Ltd., Class A | 280100 | 642360 |
|  \* | New Hope Liuhe Co. Ltd., Class A | 310932 | 410854 |
|  \* | New Journey Health Technology Group Co. Ltd., Class A | 1047400 | 328606 |
|  | New Trend International Logis-Tech Co. Ltd., Class A | 161855 | 248335 |
|  | Neway Valve Suzhou Co. Ltd., Class A | 242900 | 897062 |
|  \* | Newborn Town, Inc. | 2170000 | 2283511 |
|  | Newland Digital Technology Co. Ltd., Class A | 317789 | 1171853 |
|  | Nexteer Automotive Group Ltd. | 7388000 | 4952430 |
|  #\* | Nine Dragons Paper Holdings Ltd. | 12573000 | 4614347 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Ninestar Corp., Class A | 78028 | $236510 |
|  | Ningbo BaoSi Energy Equipment Co. Ltd., Class A | 141900 | 160139 |
|  | Ningbo Boway Alloy Material Co. Ltd., Class A | 288700 | 691749 |
|  | Ningbo Changhong Polymer Scientific & Technical, Inc., Class A | 51600 | 116194 |
|  | Ningbo Haitian Precision Machinery Co. Ltd., Class A | 197800 | 518318 |
|  | Ningbo Huaxiang Electronic Co. Ltd., Class A | 656100 | 1510151 |
|  \* | Ningbo Jifeng Auto Parts Co. Ltd., Class A | 512100 | 873952 |
|  | Ningbo Jintian Copper Group Co. Ltd., Class A | 1142700 | 1049204 |
|  | Ningbo Joyson Electronic Corp., Class A | 469231 | 1063261 |
|  | Ningbo Orient Wires & Cables Co. Ltd., Class A | 102157 | 711068 |
|  | Ningbo Peacebird Fashion Co. Ltd., Class A | 336700 | 735611 |
|  | Ningbo Ronbay New Energy Technology Co. Ltd., Class A | 196256 | 541880 |
|  | Ningbo Sanxing Medical Electric Co. Ltd., Class A | 375058 | 1320903 |
|  | Ningbo Shanshan Co. Ltd., Class A | 172500 | 166693 |
|  | Ningbo Sunrise Elc Technology Co. Ltd., Class A | 122000 | 291241 |
|  | Ningbo Tuopu Group Co. Ltd., Class A | 194876 | 1409133 |
|  | Ningbo Xusheng Group Co. Ltd., Class A | 339840 | 604712 |
|  | Ningbo Yongxin Optics Co. Ltd., Class A | 28200 | 338805 |

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Ningbo Yunsheng Co. Ltd., Class A | 686400 | $705559 |
|  | Ningbo Zhoushan Port Co. Ltd., Class A | 1013670 | 496516 |
|  | Ningxia Baofeng Energy Group Co. Ltd., Class A | 1472700 | 3249327 |
|  | Ningxia Building Materials Group Co. Ltd., Class A | 194600 | 344891 |
|  | Ningxia Orient Tantalum Industry Co. Ltd., Class A | 95600 | 195853 |
|  \* | Ningxia Western Venture Industrial Co. Ltd., Class A | 503000 | 357747 |
|  \* | Niu Technologies, Sponsored ADR | 200154 | 672517 |
|  | NKY Medical Holdings Ltd., Class A | 257950 | 527253 |
|  | Noah Holdings Ltd., Sponsored ADR | 91681 | 842548 |
|  W | Nongfu Spring Co. Ltd., Class H | 4826200 | 22186961 |
|  | Norinco International Cooperation Ltd., Class A | 846073 | 1194157 |
|  | North China Pharmaceutical Co. Ltd., Class A | 1000800 | 832252 |
|  | North Copper Co. Ltd., Class A | 365600 | 451991 |
|  | North Electro-Optic Co. Ltd., Class A | 130900 | 245831 |
|  | North Huajin Chemical Industries Co. Ltd., Class A | 899512 | 654374 |
|  | North Industries Group Red Arrow Co. Ltd., Class A | 381965 | 886740 |
|  | Northeast Pharmaceutical Group Co. Ltd., Class A | 1600662 | 1132266 |
|  | Northeast Securities Co. Ltd., Class A | 661227 | 689607 |
|  | Northking Information Technology Co. Ltd., Class A | 270933 | 700109 |
|  | Novoray Corp., Class A | 70600 | 538858 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | NSFOCUS Technologies Group Co. Ltd., Class A | 274070 | $264141 |
|  \* | Nuode New Materials Co. Ltd., Class A | 820000 | 345174 |
|  | NYOCOR Co. Ltd., Class A | 556700 | 421643 |
|  \*W | Ocumension Therapeutics | 647000 | 450561 |
|  \* | Offcn Education Technology Co. Ltd., Class A | 970800 | 402808 |
|  | Offshore Oil Engineering Co. Ltd., Class A | 1225122 | 895938 |
|  \* | OFILM Group Co. Ltd., Class A | 497000 | 770575 |
|  | Olympic Circuit Technology Co. Ltd., Class A | 273080 | 1002141 |
|  | Onewo, Inc., Class H | 822400 | 2269432 |
|  | Oppein Home Group, Inc., Class A | 120890 | 1101185 |
|  | Opple Lighting Co. Ltd., Class A | 222221 | 516556 |
|  | OPT Machine Vision Tech Co. Ltd., Class A | 29277 | 365026 |
|  | ORG Technology Co. Ltd., Class A | 1849800 | 1361017 |
|  | Orient International Enterprise Ltd., Class A | 427567 | 438821 |
|  | Orient Overseas International Ltd. | 594500 | 8304257 |
|  W | Orient Securities Co. Ltd., Class H | 2344800 | 1380966 |
|  \* | Oriental Energy Co. Ltd., Class A | 550729 | 620322 |
|  | Oriental Pearl Group Co. Ltd., Class A | 595141 | 604477 |
|  \* | Ourpalm Co. Ltd., Class A | 438300 | 290607 |
|  | Ovctek China, Inc., Class A | 267240 | 541587 |
|  \* | Pacific Securities Co. Ltd., Class A | 523800 | 258080 |
|  | Pacific Shuanglin Bio-pharmacy Co. Ltd., Class A | 219203 | 661517 |

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Pangang Group Vanadium Titanium & Resources Co. Ltd., Class A | 2411831 | $846680 |
|  | PCI Technology Group Co. Ltd., Class A | 625140 | 446291 |
|  \* | PDD Holdings, Inc., ADR | 1216709 | 128447969 |
|  #\*W | Peijia Medical Ltd. | 1597000 | 1094659 |
|  \* | Peking University Resources Holdings Co. Ltd. | 1214500 | 23852 |
|  \*†† | Pengdu Agriculture & Animal Husbandry Co. Ltd., Class A | 3368870 | 64939 |
|  | People.cn Co. Ltd., Class A | 77800 | 212269 |
|  | People's Insurance Co. Group of China Ltd. , Class H | 24910000 | 14742139 |
|  | Perennial Energy Holdings Ltd. | 710000 | 69582 |
|  | Perfect World Co. Ltd., Class A | 161000 | 301716 |
|  | PetroChina Co. Ltd., Class H | 96738000 | 73921186 |
|  | PharmaBlock Sciences Nanjing, Inc., Class A | 113600 | 503374 |
|  W | Pharmaron Beijing Co. Ltd., Class H | 1431450 | 2482177 |
|  \* | Phenix Optical Co. Ltd., Class A | 53600 | 147202 |
|  | PhiChem Corp., Class A | 249005 | 607193 |
|  | PICC Property & Casualty Co. Ltd., Class H | 19579398 | 36054274 |
|  \* | Piesat Information Technology Co. Ltd., Class A | 70157 | 165720 |
|  | Ping An Bank Co. Ltd., Class A | 4109901 | 6178824 |
|  #W | Ping An Healthcare & Technology Co. Ltd. | 9302005 | 8941842 |
|  | Ping An Insurance Group Co. of China Ltd., Class H | 23334500 | 139657729 |
|  | Pingdingshan Tianan Coal Mining Co. Ltd., Class A | 815838 | 923281 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | PNC Process Systems Co. Ltd., Class A | 177720 | $626343 |
|  | POCO Holding Co. Ltd., Class A | 42860 | 238768 |
|  \* | Polaris Bay Group Co. Ltd., Class A | 579000 | 506139 |
|  | Poly Developments & Holdings Group Co. Ltd., Class A | 1264405 | 1456344 |
|  | Poly Property Services Co. Ltd., Class H | 1235800 | 4907025 |
|  | Pony Testing International Group Co. Ltd., Class A | 265070 | 247894 |
|  W | Pop Mart International Group Ltd. | 2162600 | 53937931 |
|  | Porton Pharma Solutions Ltd., Class A | 334300 | 692869 |
|  W | Postal Savings Bank of China Co. Ltd., Class H | 22768000 | 13997353 |
|  | Pou Sheng International Holdings Ltd. | 16009609 | 980612 |
|  | Power Construction Corp. of China Ltd., Class A | 2700800 | 1756001 |
|  \* | Powerwin Tech Group Ltd. | 392000 | 160958 |
|  | Prinx Chengshan Holdings Ltd. | 603500 | 607161 |
|  \* | Productive Technologies Co. Ltd. | 1154000 | 36202 |
|  | Pulike Biological Engineering, Inc., Class A | 131400 | 244866 |
|  | PW Medtech Group Ltd. | 3816000 | 503309 |
|  | Pylon Technologies Co. Ltd., Class A | 45089 | 254699 |
|  \* | Q Technology Group Co. Ltd. | 2854000 | 2393812 |
|  \* | Qi An Xin Technology Group, Inc., Class A | 70001 | 298111 |
|  | Qianhe Condiment & Food Co. Ltd., Class A | 299015 | 463555 |

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Qifu Technology, Inc., ADR | 1029222 | $42228979 |
|  \* | Qinchuan Machine Tool & Tool Group Share Co. Ltd., Class A | 346200 | 608456 |
|  | Qingdao Citymedia Co. Ltd., Class A | 543833 | 491636 |
|  | Qingdao East Steel Tower Stock Co. Ltd., Class A | 811575 | 849466 |
|  | Qingdao Eastsoft Communication Technology Co. Ltd., Class A | 231501 | 525989 |
|  | Qingdao Gaoce Technology Co. Ltd., Class A | 397410 | 475271 |
|  | Qingdao Gon Technology Co. Ltd., Class A | 174800 | 604131 |
|  | Qingdao Haier Biomedical Co. Ltd., Class A | 141584 | 614397 |
|  | Qingdao Hanhe Cable Co. Ltd., Class A | 1370392 | 602311 |
|  | Qingdao Hiron Commercial Cold Chain Co. Ltd., Class A | 256940 | 388844 |
|  | Qingdao Huicheng Environmental Technology Group Co. Ltd., Class A | 50200 | 941302 |
|  | Qingdao NovelBeam Technology Co. Ltd., Class A | 28435 | 135250 |
|  W | Qingdao Port International Co. Ltd., Class H | 2283000 | 1650326 |
|  | Qingdao Rural Commercial Bank Corp., Class A | 1531267 | 660535 |
|  | Qingdao Sentury Tire Co. Ltd., Class A | 287460 | 732010 |
|  | Qingdao TGOOD Electric Co. Ltd., Class A | 164900 | 525390 |
|  \* | Qinghai Salt Lake Industry Co. Ltd., Class A | 999300 | 2197800 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  #\* | Qingling Motors Co. Ltd., Class H | 5354000 | $320273 |
|  | Qinhuangdao Port Co. Ltd., Class H | 4826000 | 1335924 |
|  \* | QuantumCTek Co. Ltd., Class A | 2968 | 98102 |
|  \* | Qudian, Inc., Sponsored ADR | 492689 | 1340114 |
|  | Queclink Wireless Solutions Co. Ltd., Class A | 128650 | 212618 |
|  | Quectel Wireless Solutions Co. Ltd., Class A | 62034 | 643184 |
|  | Quick Intelligent Equipment Co. Ltd., Class A | 126100 | 411845 |
|  #\* | Radiance Holdings Group Co. Ltd. | 2385000 | 923440 |
|  | Rainbow Digital Commercial Co. Ltd., Class A | 910394 | 669266 |
|  | Range Intelligent Computing Technology Group Co. Ltd., Class A | 50700 | 337858 |
|  | Rayhoo Motor Dies Co. Ltd., Class A | 105944 | 568796 |
|  | Raytron Technology Co. Ltd., Class A | 72968 | 561855 |
|  | Realcan Pharmaceutical Group Co. Ltd., Class A | 834100 | 338192 |
|  | Red Avenue New Materials Group Co. Ltd., Class A | 39200 | 173143 |
|  #\*W | Red Star Macalline Group Corp. Ltd., Class H | 3464914 | 597960 |
|  | Renhe Pharmacy Co. Ltd., Class A | 653300 | 484021 |
|  | Rianlon Corp., Class A | 142100 | 549290 |
|  | Richinfo Technology Co. Ltd., Class A | 118700 | 417063 |
|  | Risen Energy Co. Ltd., Class A | 304108 | 370758 |
|  \* | RiseSun Real Estate Development Co. Ltd., Class A | 1098102 | 211219 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Rising Nonferrous Metals Share Co. Ltd., Class A | 109600 | $543632 |
|  | Riyue Heavy Industry Co. Ltd., Class A | 312825 | 512973 |
|  | Rizhao Port Co. Ltd., Class A | 3046500 | 1259469 |
|  | RoboTechnik Intelligent Technology Co. Ltd., Class A | 24760 | 446867 |
|  | Rockchip Electronics Co. Ltd., Class A | 25200 | 593330 |
|  | Rongan Property Co. Ltd., Class A | 193200 | 49745 |
|  \* | RongFa Nuclear Equipment Co. Ltd., Class A | 776300 | 507898 |
|  | Rongsheng Petrochemical Co. Ltd., Class A | 1830978 | 2099529 |
|  \* | Roshow Technology Co. Ltd., Class A | 423700 | 416565 |
|  | Ruida Futures Co. Ltd., Class A | 196651 | 391653 |
|  | Runjian Co. Ltd., Class A | 124963 | 862223 |
|  | SAIC Motor Corp. Ltd., Class A | 918355 | 2056473 |
|  | Sailun Group Co. Ltd., Class A | 806500 | 1357616 |
|  | Sanan Optoelectronics Co. Ltd., Class A | 452500 | 765772 |
|  | Sangfor Technologies, Inc., Class A | 18772 | 254899 |
|  | Sanjiang Shopping Club Co. Ltd., Class A | 209100 | 328061 |
|  | Sanquan Food Co. Ltd., Class A | 407330 | 646489 |
|  \* | Sansteel Minguang Co. Ltd. Fujian, Class A | 1339556 | 695791 |
|  | Sansure Biotech, Inc., Class A | 133807 | 365280 |
|  | Sanwei Holding Group Co. Ltd., Class A | 134700 | 202775 |
|  | Sany Heavy Equipment International Holdings Co. Ltd. | 9234500 | 6733816 |
|  | Sany Heavy Industry Co. Ltd., Class A | 847341 | 2207549 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Satellite Chemical Co. Ltd., Class A | 1211883 | $3029722 |
|  | SDIC Capital Co. Ltd., Class A | 466300 | 439313 |
|  | SDIC Power Holdings Co. Ltd., Class A | 1011516 | 2095320 |
|  | Sealand Securities Co. Ltd., Class A | 1346700 | 706554 |
|  \* | Seazen Group Ltd. | 18081047 | 4547569 |
|  \* | Seazen Holdings Co. Ltd., Class A | 284781 | 531359 |
|  | S-Enjoy Service Group Co. Ltd. | 2340000 | 844809 |
|  | Seres Group Co. Ltd., Class A | 142925 | 2569022 |
|  | SF Holding Co. Ltd., Class A | 1155555 | 6923289 |
|  | SG Micro Corp., Class A | 24600 | 343161 |
|  | Shaanxi Beiyuan Chemical Industry Group Co. Ltd., Class A | 183700 | 106467 |
|  | Shaanxi Coal Industry Co. Ltd., Class A | 3029900 | 8000209 |
|  | Shaanxi Construction Engineering Group Corp. Ltd., Class A | 1012700 | 546379 |
|  \* | Shaanxi Heimao Coking Co. Ltd., Class A | 559100 | 223376 |
|  | Shan Xi Hua Yang Group New Energy Co. Ltd., Class A | 1472746 | 1328500 |
|  | Shandong Bohui Paper Industrial Co. Ltd., Class A | 914300 | 541753 |
|  | Shandong Buchang Pharmaceuticals Co. Ltd., Class A | 384887 | 836118 |
|  \* | Shandong Chenming Paper Holdings Ltd., Class H | 2811533 | 206398 |
|  | Shandong Dawn Polymer Co. Ltd., Class A | 211200 | 452485 |
|  | Shandong Denghai Seeds Co. Ltd., Class A | 605300 | 844614 |
|  \* | Shandong Dongyue Silicone Material Co. Ltd., Class A | 539200 | 542131 |

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  #W | Shandong Gold Mining Co. Ltd., Class H | 2124500 | $6258738 |
|  | Shandong Haihua Co. Ltd., Class A | 539800 | 395369 |
|  | Shandong Head Group Co. Ltd., Class A | 189126 | 292890 |
|  | Shandong Himile Mechanical Science & Technology Co. Ltd., Class A | 288241 | 2254028 |
|  | Shandong Hi-speed Co. Ltd., Class A | 467325 | 696824 |
|  | Shandong Hi-Speed Road & Bridge Group Co. Ltd., Class A | 1024200 | 789815 |
|  | Shandong Hualu Hengsheng Chemical Co. Ltd., Class A | 515061 | 1446320 |
|  | Shandong Huatai Paper Industry Shareholding Co. Ltd., Class A | 695060 | 326502 |
|  | Shandong Humon Smelting Co. Ltd., Class A | 524356 | 782485 |
|  | Shandong Jincheng Pharmaceutical Group Co. Ltd., Class A | 210100 | 453091 |
|  | Shandong Jinjing Science & Technology Co. Ltd., Class A | 1118471 | 701042 |
|  | Shandong Linglong Tyre Co. Ltd., Class A | 543382 | 1066105 |
|  | Shandong Lukang Pharma, Class A | 564800 | 770079 |
|  | Shandong Nanshan Aluminum Co. Ltd., Class A | 2799880 | 1408107 |
|  | Shandong Pharmaceutical Glass Co. Ltd., Class A | 250000 | 764116 |
|  | Shandong Publishing & Media Co. Ltd., Class A | 852100 | 1151788 |

---

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shandong Sun Paper Industry JSC Ltd., Class A | 961588 | $1854050 |
|  | Shandong Weifang Rainbow Chemical Co. Ltd., Class A | 121100 | 877482 |
|  | Shandong Weigao Group Medical Polymer Co. Ltd., Class H | 18698000 | 13762884 |
|  | Shandong WIT Dyne Health Co. Ltd., Class A | 184500 | 776528 |
|  | Shandong Xiantan Co. Ltd., Class A | 526863 | 430819 |
|  | Shandong Xinhua Pharmaceutical Co. Ltd., Class H | 1303200 | 922224 |
|  | Shandong Yisheng Livestock & Poultry Breeding Co. Ltd., Class A | 529900 | 603973 |
|  | Shanghai Acrel Co. Ltd., Class A | 24100 | 75350 |
|  \* | Shanghai Aerospace Automobile Electromechanical Co. Ltd., Class A | 562100 | 496985 |
|  \* | Shanghai Aiko Solar Energy Co. Ltd., Class A | 141400 | 204664 |
|  | Shanghai AJ Group Co. Ltd., Class A | 962935 | 595004 |
|  | Shanghai Allist Pharmaceuticals Co. Ltd., Class A | 79179 | 952971 |
|  | Shanghai AtHub Co. Ltd., Class A | 254425 | 1146453 |
|  | Shanghai Bailian Group Co. Ltd., Class A | 589600 | 776999 |
|  \* | Shanghai Bairun Investment Holding Group Co. Ltd., Class A | 238358 | 857573 |
|  | Shanghai Baolong Automotive Corp., Class A | 109100 | 562805 |
|  | Shanghai Baosight Software Co. Ltd., Class A | 250362 | 927235 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shanghai Baosteel Packaging Co. Ltd., Class A | 762664 | $498306 |
|  | Shanghai Belling Co. Ltd., Class A | 26200 | 126635 |
|  | Shanghai BOCHU Electronic Technology Corp. Ltd., Class A | 22532 | 603558 |
|  | Shanghai Bright Meat Group Co. Ltd., Class A | 558700 | 623986 |
|  # | Shanghai Chicmax Cosmetic Co. Ltd. | 65900 | 568542 |
|  | Shanghai Chinafortune Co. Ltd., Class A | 504631 | 932153 |
|  | Shanghai Chlor-Alkali Chemical Co. Ltd., Class A | 489200 | 606742 |
|  | Shanghai Construction Group Co. Ltd., Class A | 2729435 | 904949 |
|  | Shanghai Daimay Automotive Interior Co. Ltd., Class A | 513066 | 565566 |
|  | Shanghai Datun Energy Resources Co. Ltd., Class A | 664100 | 1013531 |
|  | Shanghai Dazhong Public Utilities Group Co. Ltd., Class H | 334000 | 79681 |
|  \* | Shanghai DZH Ltd., Class A | 90200 | 106147 |
|  #\* | Shanghai Electric Group Co. Ltd., Class H | 6970000 | 2290303 |
|  | Shanghai Electric Power Co. Ltd., Class A | 498406 | 613368 |
|  | Shanghai Environment Group Co. Ltd., Class A | 391775 | 424321 |
|  \* | Shanghai Feilo Acoustics Co. Ltd., Class A | 266900 | 145778 |
|  | Shanghai Fengyuzhu Culture & Technology Co. Ltd., Class A | 29200 | 41797 |

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H | 1083500 | $1948556 |
|  # | Shanghai Fudan Microelectronics Group Co. Ltd., Class H | 714000 | 2569422 |
|  | Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co. Ltd., Class H | 584000 | 182900 |
|  | Shanghai Fullhan Microelectronics Co. Ltd., Class A | 56147 | 374493 |
|  | Shanghai Ganglian E-Commerce Holdings Co. Ltd., Class A | 82132 | 236292 |
|  | Shanghai Gench Education Group Ltd. | 52000 | 15064 |
|  | Shanghai Gentech Co. Ltd., Class A | 121719 | 624404 |
|  | Shanghai Hanbell Precise Machinery Co. Ltd., Class A | 393348 | 898658 |
|  #W | Shanghai Haohai Biological Technology Co. Ltd., Class H | 176280 | 555446 |
|  #\*W | Shanghai Henlius Biotech, Inc., Class H | 69700 | 348592 |
|  | Shanghai Huace Navigation Technology Ltd., Class A | 83535 | 489330 |
|  | Shanghai Huafon Aluminium Corp., Class A | 176200 | 414114 |
|  | Shanghai Huayi Group Co. Ltd., Class A | 654200 | 612860 |
|  | Shanghai Industrial Urban Development Group Ltd. | 16019025 | 599873 |
|  # | Shanghai INT Medical Instruments Co. Ltd. | 96000 | 328083 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shanghai International Airport Co. Ltd., Class A | 40400 | $178404 |
|  | Shanghai Jahwa United Co. Ltd., Class A | 159500 | 514005 |
|  | Shanghai Jinjiang International Hotels Co. Ltd., Class A | 291462 | 963871 |
|  | Shanghai Jinqiao Export Processing Zone Development Co. Ltd., Class A | 204433 | 294462 |
|  | Shanghai Kaibao Pharmaceutical Co. Ltd., Class A | 585400 | 474353 |
|  | Shanghai Kelai Mechatronics Engineering Co. Ltd., Class A | 53300 | 131981 |
|  | Shanghai Liangxin Electrical Co. Ltd., Class A | 582891 | 670350 |
|  | Shanghai Lingang Holdings Corp. Ltd., Class A | 409940 | 513175 |
|  | Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd., Class A | 87600 | 106099 |
|  | Shanghai M&G Stationery, Inc., Class A | 229299 | 927775 |
|  | Shanghai Mechanical & Electrical Industry Co. Ltd., Class A | 230900 | 705926 |
|  \* | Shanghai Medicilon, Inc., Class A | 61955 | 256420 |
|  | Shanghai MicroPort Endovascular MedTech Group Co. Ltd., Class A | 39612 | 461228 |
|  \* | Shanghai Milkground Food Tech Co. Ltd., Class A | 352300 | 1263020 |
|  # | Shanghai Pharmaceuticals Holding Co. Ltd., Class H | 2936800 | 4016145 |
|  | Shanghai Pioneer Holding Ltd. | 3009000 | 874930 |

---

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shanghai Pret Composites Co. Ltd., Class A | 521200 | $743281 |
|  | Shanghai Pudong Construction Co. Ltd., Class A | 534380 | 467755 |
|  | Shanghai Pudong Development Bank Co. Ltd., Class A | 3427519 | 5170485 |
|  | Shanghai Putailai New Energy Technology Co. Ltd., Class A | 303899 | 703435 |
|  | Shanghai QiFan Cable Co. Ltd., Class A | 278600 | 561854 |
|  | Shanghai RAAS Blood Products Co. Ltd., Class A | 591912 | 547385 |
|  | Shanghai Runda Medical Technology Co. Ltd., Class A | 400100 | 994408 |
|  | Shanghai Rural Commercial Bank Co. Ltd., Class A | 995600 | 1151859 |
|  \* | Shanghai Shibei Hi-Tech Co. Ltd., Class A | 411000 | 248317 |
|  | Shanghai Shyndec Pharmaceutical Co. Ltd., Class A | 420400 | 592451 |
|  | Shanghai Stonehill Technology Co. Ltd., Class A | 2256626 | 1614316 |
|  | Shanghai Tongji Science & Technology Industrial Co. Ltd., Class A | 384400 | 501080 |
|  | Shanghai Tunnel Engineering Co. Ltd., Class A | 720395 | 590014 |
|  | Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd., Class A | 346461 | 535609 |
|  | Shanghai Wanye Enterprises Co. Ltd., Class A | 160310 | 318501 |
|  | Shanghai Yaoji Technology Co. Ltd., Class A | 231500 | 863902 |

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shanghai Yuyuan Tourist Mart Group Co. Ltd., Class A | 697600 | $539664 |
|  | Shanghai Zhangjiang High-Tech Park Development Co. Ltd., Class A | 141157 | 508647 |
|  \* | Shanghai Zhonggu Logistics Co. Ltd., Class A | 931400 | 1379353 |
|  | Shanghai Zijiang Enterprise Group Co. Ltd., Class A | 1126382 | 973254 |
|  | Shanjin International Gold Co. Ltd., Class A | 550580 | 1547783 |
|  | Shannon Semiconductor Technology Co. Ltd., Class A | 79000 | 334735 |
|  | Shantui Construction Machinery Co. Ltd., Class A | 645400 | 775256 |
|  | Shanxi Blue Flame Holding Co. Ltd., Class A | 973698 | 858417 |
|  | Shanxi Coal International Energy Group Co. Ltd., Class A | 837600 | 1092154 |
|  | Shanxi Coking Co. Ltd., Class A | 743797 | 356412 |
|  | Shanxi Coking Coal Energy Group Co. Ltd., Class A | 1766141 | 1558690 |
|  | Shanxi Guoxin Energy Corp. Ltd., Class A | 1190860 | 415356 |
|  | Shanxi Hi-speed Group Co. Ltd., Class A | 1211300 | 833927 |
|  \* | Shanxi Lanhua Sci-Tech Venture Co. Ltd., Class A | 983130 | 915119 |
|  | Shanxi Lu'an Environmental Energy Development Co. Ltd., Class A | 1076748 | 1619688 |
|  \* | Shanxi Meijin Energy Co. Ltd., Class A | 840600 | 486315 |
|  | Shanxi Securities Co. Ltd., Class A | 405800 | 315641 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Shanxi Taigang Stainless Steel Co. Ltd., Class A | 934292 | $453851 |
|  | Shanxi Xinghuacun Fen Wine Factory Co. Ltd., Class A | 190929 | 5366463 |
|  | Sharetronic Data Technology Co. Ltd., Class A | 36900 | 537251 |
|  | Shede Spirits Co. Ltd., Class A | 101800 | 795378 |
|  | Shenergy Co. Ltd., Class A | 1024033 | 1243912 |
|  | Shengda Resources Co. Ltd., Class A | 271930 | 507893 |
|  | Shenghe Resources Holding Co. Ltd., Class A | 403700 | 588418 |
|  \*W | Shengjing Bank Co. Ltd., Class H | 702500 | 82751 |
|  | Shenguan Holdings Group Ltd. | 4272000 | 164905 |
|  \* | Shengyi Electronics Co. Ltd., Class A | 36188 | 129641 |
|  | Shengyi Technology Co. Ltd., Class A | 466582 | 1565677 |
|  | Shenma Industry Co. Ltd., Class A | 438700 | 485306 |
|  | Shennan Circuits Co. Ltd., Class A | 87483 | 1319861 |
|  W | Shenwan Hongyuan Group Co. Ltd., Class H | 3114400 | 824920 |
|  \* | Shenyang Jinbei Automotive Co. Ltd., Class A | 634600 | 469234 |
|  | Shenyang Xingqi Pharmaceutical Co. Ltd., Class A | 52584 | 581932 |
|  | Shenzhen Agricultural Power Group Co. Ltd., Class A | 647738 | 565606 |
|  | Shenzhen Airport Co. Ltd., Class A | 934083 | 871076 |
|  | Shenzhen Aisidi Co. Ltd., Class A | 795938 | 1273955 |
|  | Shenzhen Batian Ecotypic Engineering Co. Ltd., Class A | 495700 | 661391 |
|  | Shenzhen BSC Technology Co. Ltd., Class A | 60500 | 233314 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shenzhen Capchem Technology Co. Ltd., Class A | 73040 | $319584 |
|  | Shenzhen Center Power Tech Co. Ltd., Class A | 200200 | 394967 |
|  | Shenzhen Cereals Holdings Co. Ltd., Class A | 581050 | 537835 |
|  | Shenzhen Click Technology Co. Ltd., Class A | 222400 | 374146 |
|  | Shenzhen Colibri Technologies Co. Ltd., Class A | 201400 | 420100 |
|  | Shenzhen Comix Group Co. Ltd., Class A | 314200 | 298789 |
|  | Shenzhen Das Intellitech Co. Ltd., Class A | 970200 | 424443 |
|  | Shenzhen Desay Battery Technology Co., Class A | 300481 | 875858 |
|  \* | Shenzhen Dynanonic Co. Ltd., Class A | 92787 | 357344 |
|  | Shenzhen Energy Group Co. Ltd., Class A | 817400 | 720438 |
|  | Shenzhen Envicool Technology Co. Ltd., Class A | 150650 | 660244 |
|  \* | Shenzhen Everwin Precision Technology Co. Ltd., Class A | 293460 | 872263 |
|  | Shenzhen Expressway Corp. Ltd., Class H | 3928000 | 3338956 |
|  | Shenzhen Fastprint Circuit Tech Co. Ltd., Class A | 264622 | 456380 |
|  \* | Shenzhen Feima International Supply Chain Co. Ltd., Class A | 741800 | 253928 |
|  | Shenzhen Fortune Trend Technology Co. Ltd., Class A | 3307 | 61841 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shenzhen FRD Science & Technology Co. Ltd., Class A | 125633 | $338558 |
|  | Shenzhen Fuanna Bedding & Furnishing Co. Ltd., Class A | 569100 | 609336 |
|  | Shenzhen Gas Corp. Ltd., Class A | 879816 | 772918 |
|  | Shenzhen Gongjin Electronics Co. Ltd., Class A | 398103 | 500781 |
|  | Shenzhen H&T Intelligent Control Co. Ltd., Class A | 213100 | 575918 |
|  \*W | Shenzhen Hepalink Pharmaceutical Group Co. Ltd., Class H | 386000 | 221198 |
|  | Shenzhen Honor Electronic Co. Ltd., Class A | 29200 | 439139 |
|  | Shenzhen Hopewind Electric Co. Ltd., Class A | 172300 | 707107 |
|  | Shenzhen Inovance Technology Co. Ltd., Class A | 147975 | 1456558 |
|  | Shenzhen International Holdings Ltd. | 11259914 | 11519276 |
|  | Shenzhen Invt Electric Co. Ltd., Class A | 460800 | 488773 |
|  | Shenzhen Jieshun Science & Technology Industry Co. Ltd., Class A | 333400 | 474388 |
|  | Shenzhen Jinjia Group Co. Ltd., Class A | 875400 | 434183 |
|  | Shenzhen Jufei Optoelectronics Co. Ltd., Class A | 806500 | 653214 |
|  | Shenzhen Kaifa Technology Co. Ltd., Class A | 292821 | 723029 |
|  | Shenzhen Kangtai Biological Products Co. Ltd., Class A | 120144 | 225402 |

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shenzhen Kedali Industry Co. Ltd., Class A | 91320 | $1655982 |
|  | Shenzhen Kingkey Smart Agriculture Times Co. Ltd., Class A | 603700 | 1248494 |
|  | Shenzhen Kinwong Electronic Co. Ltd., Class A | 199824 | 768592 |
|  | Shenzhen Kstar Science & Technology Co. Ltd., Class A | 215400 | 668462 |
|  | Shenzhen Laibao Hi-tech Co. Ltd., Class A | 463500 | 604345 |
|  | Shenzhen Leaguer Co. Ltd., Class A | 679300 | 769908 |
|  | Shenzhen Lifotronic Technology Co. Ltd., Class A | 197341 | 350493 |
|  | Shenzhen Megmeet Electrical Co. Ltd., Class A | 213316 | 1275076 |
|  | Shenzhen Microgate Technology Co. Ltd., Class A | 508900 | 717430 |
|  | Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A | 183272 | 5542860 |
|  | Shenzhen MTC Co. Ltd., Class A | 1266138 | 751865 |
|  \* | Shenzhen Neptunus Bioengineering Co. Ltd., Class A | 856700 | 267285 |
|  | Shenzhen New Industries Biomedical Engineering Co. Ltd., Class A | 85400 | 616055 |
|  \* | Shenzhen New Nanshan Holding Group Co. Ltd., Class A | 1534701 | 543075 |
|  | Shenzhen Noposin Crop Science Co. Ltd., Class A | 529100 | 687943 |
|  \* | Shenzhen Overseas Chinese Town Co. Ltd., Class A | 1381976 | 449705 |

---

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  # | Shenzhen Pagoda Industrial Group Corp. Ltd. | 1710500 | $219042 |
|  | Shenzhen Qingyi Photomask Ltd., Class A | 100308 | 379191 |
|  | Shenzhen Salubris Pharmaceuticals Co. Ltd., Class A | 106100 | 597501 |
|  | Shenzhen SC New Energy Technology Corp., Class A | 113071 | 855895 |
|  | Shenzhen SED Industry Co. Ltd., Class A | 257489 | 800589 |
|  | Shenzhen SEG Co. Ltd., Class A | 585000 | 658681 |
|  | Shenzhen Senior Technology Material Co. Ltd., Class A | 468370 | 586391 |
|  | Shenzhen Sinexcel Electric Co. Ltd., Class A | 189550 | 775812 |
|  | Shenzhen Sunline Tech Co. Ltd., Class A | 89300 | 155182 |
|  | Shenzhen Sunlord Electronics Co. Ltd., Class A | 262070 | 1006067 |
|  | Shenzhen Sunnypol Optoelectronics Co. Ltd., Class A | 79900 | 273146 |
|  | Shenzhen Suntak Circuit Technology Co. Ltd., Class A | 571800 | 794453 |
|  | Shenzhen Sunway Communication Co. Ltd., Class A | 200754 | 552009 |
|  | Shenzhen Tagen Group Co. Ltd., Class A | 1250945 | 612892 |
|  | Shenzhen Topband Co. Ltd., Class A | 454871 | 877078 |
|  | Shenzhen Topraysolar Co. Ltd., Class A | 791000 | 324613 |
|  | Shenzhen Topway Video Communication Co. Ltd., Class A | 402400 | 444770 |
|  | Shenzhen Transsion Holdings Co. Ltd., Class A | 108943 | 1126107 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shenzhen United Winners Laser Co. Ltd., Class A | 81244 | $176854 |
|  | Shenzhen Weiguang Biological Products Co. Ltd., Class A | 78000 | 299315 |
|  | Shenzhen Woer Heat-Shrinkable Material Co. Ltd., Class A | 644300 | 1632133 |
|  | Shenzhen Yan Tian Port Holding Co. Ltd., Class A | 880296 | 549104 |
|  | Shenzhen Yinghe Technology Co. Ltd., Class A | 419786 | 953688 |
|  \* | Shenzhen Yitoa Intelligent Control Co. Ltd., Class A | 213600 | 203964 |
|  | Shenzhen YUTO Packaging Technology Co. Ltd., Class A | 275880 | 787264 |
|  | Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd., Class A | 2368280 | 1455454 |
|  | Shenzhou International Group Holdings Ltd. | 1952400 | 13533450 |
|  | Shida Shinghwa Advanced Material Group Co. Ltd., Class A | 67300 | 317686 |
|  | Shijiazhuang Yiling Pharmaceutical Co. Ltd., Class A | 255601 | 483686 |
|  | Shinva Medical Instrument Co. Ltd., Class A | 380640 | 770909 |
|  # | Shiyue Daotian Group Co. Ltd. | 258000 | 201012 |
|  †† | Shouhang High-Tech Energy Co. Ltd., Class A | 1336400 | 12880 |
|  | Shuangliang Eco-Energy Systems Co. Ltd., Class A | 1648200 | 995792 |
|  | Shui On Land Ltd. | 28006776 | 2380565 |
|  | Sichuan Changhong Electric Co. Ltd., Class A | 329100 | 476034 |

---

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Sichuan Chengfei Integration Technology Corp., Class A | 160100 | $366371 |
|  | Sichuan Chuantou Energy Co. Ltd., Class A | 517808 | 1210952 |
|  | Sichuan Development Lomon Co. Ltd., Class A | 273900 | 415823 |
|  | Sichuan EM Technology Co. Ltd., Class A | 560600 | 695156 |
|  | Sichuan Expressway Co. Ltd., Class H | 4528000 | 2524911 |
|  | Sichuan Furong Technology Co. Ltd., Class A | 194957 | 299667 |
|  | Sichuan Haite High-tech Co. Ltd., Class A | 415083 | 527846 |
|  | Sichuan Hebang Biotechnology Co. Ltd., Class A | 1753420 | 408198 |
|  | Sichuan Hexie Shuangma Co. Ltd., Class A | 419843 | 907650 |
|  \* | Sichuan Hongda Co. Ltd., Class A | 393600 | 360749 |
|  | Sichuan Injet Electric Co. Ltd., Class A | 118225 | 650955 |
|  | Sichuan Jiuyuan Yinhai Software Co. Ltd., Class A | 40105 | 97935 |
|  | Sichuan Kelun Pharmaceutical Co. Ltd., Class A | 371963 | 1855644 |
|  \* | Sichuan Lutianhua Co. Ltd., Class A | 966300 | 643144 |
|  | Sichuan New Energy Power Co. Ltd., Class A | 405000 | 570026 |
|  | Sichuan Road & Bridge Group Co. Ltd., Class A | 2053960 | 2456621 |
|  | Sichuan Swellfun Co. Ltd., Class A | 103405 | 648482 |
|  | Sichuan Teway Food Group Co. Ltd., Class A | 329200 | 508549 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Sichuan Yahua Industrial Group Co. Ltd., Class A | 320700 | $493971 |
|  | Sieyuan Electric Co. Ltd., Class A | 172940 | 1715473 |
|  | Sihuan Pharmaceutical Holdings Group Ltd. | 25679000 | 2382039 |
|  | Sineng Electric Co. Ltd., Class A | 162500 | 624807 |
|  | Sino Biopharmaceutical Ltd. | 60431495 | 30348648 |
|  | Sino Wealth Electronic Ltd., Class A | 6441 | 19338 |
|  | Sino-Agri Leading Biosciences Co. Ltd., Class A | 28900 | 51285 |
|  | Sinocare, Inc., Class A | 91460 | 260067 |
|  \* | Sinochem International Corp., Class A | 1006937 | 496703 |
|  | Sinofert Holdings Ltd. | 15880673 | 2397735 |
|  | Sinolink Securities Co. Ltd., Class A | 270300 | 302483 |
|  \* | Sinolink Worldwide Holdings Ltd. | 15777885 | 354958 |
|  | Sinoma International Engineering Co., Class A | 1171750 | 1479093 |
|  | Sinoma Science & Technology Co. Ltd., Class A | 195495 | 369794 |
|  | Sinomach Automobile Co. Ltd., Class A | 418200 | 364588 |
|  \* | Sinomach Heavy Equipment Group Co. Ltd., Class A | 603500 | 234367 |
|  | Sinomach Precision Industry Group Co. Ltd., Class A | 351000 | 742134 |
|  | Sinomine Resource Group Co. Ltd., Class A | 139140 | 557466 |
|  | Sinopec Engineering Group Co. Ltd., Class H | 10926000 | 7774574 |
|  | Sinopec Kantons Holdings Ltd. | 7660000 | 4313159 |

---

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| | | | |
|:---|:---|:---|:---|
| | | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Sinopec Oilfield Equipment Corp., Class A | 775385 | $637522 |
|  \* | Sinopec Oilfield Service Corp., Class H | 16120000 | 1225335 |
|  \* | Sinopec Shanghai Petrochemical Co. Ltd., Class H | 20941000 | 3101664 |
|  | Sinopep-Allsino Bio Pharmaceutical Co. Ltd., Class A | 45334 | 331192 |
|  | Sinopharm Group Co. Ltd., Class H | 7686000 | 18113962 |
|  | Sino-Platinum Metals Co. Ltd., Class A | 307813 | 558966 |
|  | Sinoseal Holding Co. Ltd., Class A | 131727 | 654472 |
|  | Sinosoft Co. Ltd., Class A | 228580 | 601145 |
|  | Sinosteel Engineering & Technology Co. Ltd., Class A | 1184268 | 1051524 |
|  | Sinosteel New Materials Co. Ltd., Class A | 366200 | 393872 |
|  | Sinotrans Ltd., Class H | 19256000 | 8368695 |
|  | Sinotruk Jinan Truck Co. Ltd., Class A | 474273 | 1109473 |
|  | Skshu Paint Co. Ltd., Class A | 72320 | 482212 |
|  | Skyworth Digital Co. Ltd., Class A | 240699 | 371563 |
|  # | Skyworth Group Ltd. | 9494246 | 3643935 |
|  W | Smoore International Holdings Ltd. | 5052000 | 8744087 |
|  | Snowsky Salt Industry Group Co. Ltd., Class A | 920100 | 632108 |
|  #\* | SOHO China Ltd. | 16114839 | 1121165 |
|  \* | Sohu.com Ltd., ADR | 72129 | 792698 |
|  | Sokan New Materials Group Co. Ltd., Class A | 2955 | 16282 |
|  | Solareast Holdings Co. Ltd., Class A | 14100 | 18537 |
|  | Songcheng Performance Development Co. Ltd., Class A | 194500 | 250332 |
|  | Sonoscape Medical Corp., Class A | 59900 | 255930 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | SooChow Securities Co. Ltd., Class A | 903921 | $972938 |
|  #\* | South Manganese Investment Ltd. | 4644000 | 161366 |
|  | Southern Publishing & Media Co. Ltd., Class A | 346700 | 787747 |
|  | Southwest Securities Co. Ltd., Class A | 1209100 | 685638 |
|  | SPIC Industry-Finance Holdings Co. Ltd., Class A | 79600 | 70217 |
|  | Spring Airlines Co. Ltd., Class A | 184900 | 1364146 |
|  | SSY Group Ltd. | 13666506 | 5186287 |
|  | Stanley Agricultural Group Co. Ltd., Class A | 751500 | 868012 |
|  | Star Lake Bioscience Co., Inc. Zhaoqing Guangdong, Class A | 1128400 | 1174575 |
|  | StarPower Semiconductor Ltd., Class A | 36220 | 411205 |
|  | State Grid Information & Communication Co. Ltd., Class A | 316526 | 788656 |
|  | State Grid Yingda Co. Ltd., Class A | 536900 | 358653 |
|  | STO Express Co. Ltd., Class A | 1103600 | 1624003 |
|  | Sumavision Technologies Co. Ltd., Class A | 737200 | 534558 |
|  | Sumec Corp. Ltd., Class A | 894200 | 1164940 |
|  \* | Sun Create Electronics Co. Ltd., Class A | 120797 | 311303 |
|  #\* | Sun King Technology Group Ltd. | 6342000 | 907313 |
|  | Sunflower Pharmaceutical Group Co. Ltd., Class A | 362200 | 782756 |
|  | Sungrow Power Supply Co. Ltd., Class A | 338643 | 2827306 |
|  | Suning Universal Co. Ltd., Class A | 1749300 | 520336 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Sunny Optical Technology Group Co. Ltd. | 2927100 | $24629361 |
|  | Sunresin New Materials Co. Ltd., Class A | 108300 | 648692 |
|  | Sunrise Group Co. Ltd., Class A | 664930 | 494878 |
|  \* | Sunstone Development Co. Ltd., Class A | 214600 | 513689 |
|  | Sunward Intelligent Equipment Co. Ltd., Class A | 746500 | 719050 |
|  | Sunwoda Electronic Co. Ltd., Class A | 196799 | 514686 |
|  | Suofeiya Home Collection Co. Ltd., Class A | 313634 | 657759 |
|  | SUPCON Technology Co. Ltd., Class A | 32203 | 209378 |
|  | Suzhou Anjie Technology Co. Ltd., Class A | 186700 | 330863 |
|  | Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A | 496767 | 1767807 |
|  | Suzhou Gold Mantis Construction Decoration Co. Ltd., Class A | 1558047 | 744154 |
|  | Suzhou Good-Ark Electronics Co. Ltd., Class A | 217537 | 274101 |
|  | Suzhou Maxwell Technologies Co. Ltd., Class A | 30273 | 290285 |
|  \* | Suzhou Secote Precision Electronic Co. Ltd., Class A | 67660 | 403201 |
|  | Suzhou SLAC Precision Equipment Co. Ltd., Class A | 185900 | 343319 |
|  | Suzhou Sushi Testing Group Co. Ltd., Class A | 294721 | 636492 |
|  | Suzhou TFC Optical Communication Co. Ltd., Class A | 69572 | 668399 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Suzhou TZTEK Technology Co. Ltd., Class A | 62199 | $456254 |
|  | Suzhou Veichi Electric Co. Ltd., Class A | 49957 | 347025 |
|  \* | Suzhou Zelgen Biopharmaceutical Co. Ltd., Class A | 11411 | 169859 |
|  # | SY Holdings Group Ltd. | 1831500 | 3061508 |
|  | Symphony Holdings Ltd. | 7630000 | 804756 |
|  | SYoung Group Co. Ltd., Class A | 237933 | 414525 |
|  | T&S Communications Co. Ltd., Class A | 25000 | 242635 |
|  | Taiji Computer Corp. Ltd., Class A | 90628 | 300805 |
|  \* | Taiyuan Heavy Industry Co. Ltd., Class A | 2349200 | 760545 |
|  \* | Talkweb Information System Co. Ltd., Class A | 62200 | 284775 |
|  \* | Tangrenshen Group Co. Ltd., Class A | 716185 | 477578 |
|  \* | Tangshan Jidong Cement Co. Ltd., Class A | 763707 | 498047 |
|  | TangShan Port Group Co. Ltd., Class A | 1476730 | 815838 |
|  | Tangshan Sanyou Chemical Industries Co. Ltd., Class A | 1042539 | 697367 |
|  | Tangshan Sunfar Silicon Industry Co. Ltd., Class A | 24300 | 47655 |
|  | Tasly Pharmaceutical Group Co. Ltd., Class A | 349900 | 733355 |
|  | Tayho Advanced Materials Group Co. Ltd., Class A | 503700 | 709093 |
|  | TBEA Co. Ltd., Class A | 1286280 | 2042305 |
|  | TCL Electronics Holdings Ltd. | 8352932 | 10551402 |
|  | TCL Technology Group Corp., Class A | 4478818 | 2556071 |

---

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| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| CHINA — (Continued) |  |  |
| TCL Zhonghuan Renewable Energy Technology Co. Ltd., Class A | 521852 | $550559 |
| TDG Holdings Co. Ltd., Class A | 474400 | 425096 |
| Ten Pao Group Holdings Ltd. | 1000000 | 208056 |
| Tencent Holdings Ltd. | 15419201 | 944440525 |
| Tencent Music Entertainment Group, ADR | 1093581 | 14675857 |
| Tenfu Cayman Holdings Co. Ltd. | 101000 | 43660 |
| Three Squirrels, Inc., Class A | 156800 | 577258 |
| Three's Co. Media Group Co. Ltd., Class A | 134592 | 513476 |
| Tian Di Science & Technology Co. Ltd., Class A | 805200 | 687109 |
| Tian Lun Gas Holdings Ltd. | 740000 | 249847 |
| Tiande Chemical Holdings Ltd. | 496000 | 68788 |
| Tiangong International Co. Ltd. | 10194000 | 2769603 |
| Tianjin 712 Communication & Broadcasting Co. Ltd., Class A | 103284 | 262169 |
| Tianjin Capital Environmental Protection Group Co. Ltd., Class H | 2506000 | 1028674 |
| Tianjin Chase Sun Pharmaceutical Co. Ltd., Class A | 871551 | 406198 |
| Tianjin Pharmaceutical Da Re Tang Group Corp. Ltd., Class A | 56221 | 228612 |
| Tianjin Port Co. Ltd., Class A | 611200 | 372251 |
| Tianjin Port Development Holdings Ltd. | 12103200 | 950208 |
| Tianjin Ringpu Bio-Technology Co. Ltd., Class A | 320970 | 902086 |
| Tianjin Teda Co. Ltd., Class A | 923601 | 469222 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Tianjin You Fa Steel Pipe Group Stock Co. Ltd., Class A | 894400 | $701491 |
|  \* | Tianma Microelectronics Co. Ltd., Class A | 793112 | 871397 |
|  | Tianneng Battery Group Co. Ltd., Class A | 115564 | 412967 |
|  # | Tianneng Power International Ltd. | 7163952 | 5963638 |
|  # | Tianqi Lithium Corp., Class H | 459800 | 1366831 |
|  | Tianrun Industry Technology Co. Ltd., Class A | 1010800 | 859609 |
|  | Tianshan Aluminum Group Co. Ltd., Class A | 1628800 | 1671003 |
|  | TianShan Material Co. Ltd., Class A | 58101 | 39255 |
|  | Tianshui Huatian Technology Co. Ltd., Class A | 947207 | 1209931 |
|  | Tibet Cheezheng Tibetan Medicine Co. Ltd., Class A | 63700 | 208667 |
|  | Tibet Mineral Development Co. Ltd., Class A | 113800 | 290480 |
|  | Tibet Rhodiola Pharmaceutical Holding Co., Class A | 98110 | 479546 |
|  \* | Tibet Water Resources Ltd. | 6597000 | 258508 |
|  | Time Interconnect Technology Ltd. | 1768000 | 928043 |
|  | Tingyi Cayman Islands Holding Corp | 8852000 | 15989643 |
|  | Titan Wind Energy Suzhou Co. Ltd., Class A | 1031459 | 913412 |
|  | TK Group Holdings Ltd. | 264000 | 64511 |
|  | TKD Science & Technology Co. Ltd., Class A | 197108 | 366058 |
|  | Tofflon Science & Technology Group Co. Ltd., Class A | 222644 | 360610 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Toly Bread Co. Ltd., Class A | 861934 | $644576 |
|  | Tomson Group Ltd. | 2999036 | 1037739 |
|  # | Tong Ren Tang Technologies Co. Ltd., Class H | 4819000 | 2939935 |
|  | Tongcheng Travel Holdings Ltd. | 8107600 | 21266374 |
|  | Tongdao Liepin Group | 1230600 | 576345 |
|  \* | Tongding Interconnection Information Co. Ltd., Class A | 570600 | 361895 |
|  | TongFu Microelectronics Co. Ltd., Class A | 334815 | 1181010 |
|  | Tonghua Dongbao Pharmaceutical Co. Ltd., Class A | 472760 | 470664 |
|  \* | Tonghua Golden-Horse Pharmaceutical Industry Co. Ltd., Class A | 48100 | 115836 |
|  | Tongkun Group Co. Ltd., Class A | 568666 | 852073 |
|  | Tongling Jingda Special Magnet Wire Co. Ltd., Class A | 1114400 | 1029841 |
|  | Tongling Nonferrous Metals Group Co. Ltd., Class A | 3337900 | 1453705 |
|  | Tongwei Co. Ltd., Class A | 491976 | 1105156 |
|  | Tongyu Heavy Industry Co. Ltd., Class A | 2276700 | 764877 |
|  | Topchoice Medical Corp., Class A | 100102 | 554005 |
|  | Topsec Technologies Group, Inc., Class A | 658100 | 655183 |
|  W | Topsports International Holdings Ltd. | 18027000 | 7166762 |
|  | Towngas Smart Energy Co. Ltd. | 4859708 | 2189804 |
|  \* | TPV Technology Co. Ltd., Class A | 1316100 | 418505 |
|  | Transfar Zhilian Co. Ltd., Class A | 789198 | 570525 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | TravelSky Technology Ltd., Class H | 5078938 | $7070186 |
|  | Triangle Tyre Co. Ltd., Class A | 289800 | 540459 |
|  \* | Trigiant Group Ltd. | 6560000 | 254654 |
|  | Trina Solar Co. Ltd., Class A | 512978 | 925915 |
|  | Trip.com Group Ltd. (TCOM US), ADR | 913870 | 53909191 |
|  #\* | Triumph New Energy Co. Ltd., Class H | 1222000 | 541004 |
|  | Triumph Science & Technology Co. Ltd., Class A | 219100 | 322702 |
|  \*†† | Trony Solar Holdings Co. Ltd. | 2133000 | 0 |
|  \* | Troy Information Technology Co. Ltd., Class A | 179300 | 177183 |
|  | Truking Technology Ltd., Class A | 345600 | 355649 |
|  | Truly International Holdings Ltd. | 13603000 | 1669977 |
|  #W | Tsaker New Energy Tech Co. Ltd. | 220500 | 19364 |
|  \* | Tsinghua Tongfang Co. Ltd., Class A | 419900 | 402873 |
|  | Tsingtao Brewery Co. Ltd., Class H | 2304000 | 16281157 |
|  | TSP Wind Power Group Co. Ltd. | 857600 | 750169 |
|  †† | Tunghsu Optoelectronic Technology Co. Ltd., Class A | 2895700 | 111637 |
|  | Tungkong, Inc., Class A | 142800 | 236301 |
|  | Tuniu Corp., Sponsored ADR | 88047 | 80589 |
|  | Unigroup Guoxin Microelectronics Co. Ltd., Class A | 62739 | 553689 |
|  | Unilumin Group Co. Ltd., Class A | 669131 | 639884 |
|  | Uni-President China Holdings Ltd. | 11492308 | 13788293 |
|  | Unisplendour Corp. Ltd., Class A | 198320 | 688701 |
|  # | United Energy Group Ltd. | 9285100 | 484754 |
|  | Universal Scientific Industrial Shanghai Co. Ltd., Class A | 544633 | 1040144 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | UTour Group Co. Ltd., Class A | 475600 | $522100 |
|  | V V Food & Beverage Co. Ltd., Class A | 1007800 | 487107 |
|  | Valiant Co. Ltd., Class A | 512727 | 770667 |
|  | Vats Liquor Chain Store Management JSC Ltd. (300755 C2), Class A | 183328 | 441829 |
|  | Vats Liquor Chain Store Management JSC Ltd. (300755 CH), Class A | 7900 | 19039 |
|  | Vatti Corp. Ltd., Class A | 491100 | 437647 |
|  \* | Vcanbio Cell & Gene Engineering Corp. Ltd., Class A | 166700 | 482013 |
|  W | VCredit Holdings Ltd. | 109600 | 58383 |
|  \*W | Venus MedTech Hangzhou, Inc., Class H | 747500 | 245774 |
|  | Venustech Group, Inc., Class A | 183400 | 391206 |
|  \* | Verisilicon Microelectronics Shanghai Co. Ltd., Class A | 2926 | 38784 |
|  | Victory Giant Technology Huizhou Co. Ltd., Class A | 278500 | 2838772 |
|  | Vipshop Holdings Ltd., ADR | 2747725 | 37424014 |
|  \* | Visionox Technology, Inc., Class A | 499500 | 588764 |
|  | Visual China Group Co. Ltd., Class A | 55000 | 155351 |
|  \*W | Viva Biotech Holdings  | 5817500 | 1102458 |
|  \* | Vnet Group, Inc., ADR | 346697 | 2180724 |
|  | Walvax Biotechnology Co. Ltd., Class A | 224200 | 309227 |
|  \* | Wanda Film Holding Co. Ltd., Class A | 550000 | 852707 |
|  | Wangneng Environment Co. Ltd., Class A | 399191 | 981275 |
|  | Wangsu Science & Technology Co. Ltd., Class A | 382517 | 618022 |
|  | Wanguo Gold Group Ltd. | 924000 | 2717331 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Wanhua Chemical Group Co. Ltd., Class A | 879528 | $6598455 |
|  | Want Want China Holdings Ltd. | 29515000 | 19315021 |
|  | Wanxiang Qianchao Co. Ltd., Class A | 1235519 | 1107013 |
|  | Warom Technology, Inc. Co., Class A | 206414 | 584074 |
|  | Wasion Holdings Ltd. | 4776000 | 4940785 |
|  | Wasu Media Holding Co. Ltd., Class A | 734500 | 779557 |
|  | Weibo Corp. (WB US), Sponsored ADR | 552309 | 4473703 |
|  | Weichai Power Co. Ltd., Class H | 11822120 | 23063772 |
|  | Weifu High-Technology Group Co. Ltd., Class A | 236747 | 636507 |
|  | Weihai Guangtai Airport Equipment Co. Ltd., Class A | 165200 | 213553 |
|  | Weihai Guangwei Composites Co. Ltd., Class A | 176520 | 706429 |
|  # | Weilong Delicious Global Holdings Ltd. | 385000 | 812012 |
|  \* | Wellhope Foods Co. Ltd., Class A | 529444 | 608934 |
|  | Wencan Group Co. Ltd., Class A | 282800 | 795467 |
|  | Wens Foodstuff Group Co. Ltd., Class A | 1533566 | 3578883 |
|  | Wenzhou Yihua Connector Co. Ltd., Class A | 76200 | 432216 |
|  # | West China Cement Ltd. | 21952000 | 4409625 |
|  | Western Metal Materials Co. Ltd., Class A | 222800 | 565327 |
|  | Western Mining Co. Ltd., Class A | 675800 | 1433703 |
|  \* | Western Region Gold Co. Ltd., Class A | 367200 | 818944 |
|  | Western Securities Co. Ltd., Class A | 816630 | 847172 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Western Superconducting Technologies Co. Ltd., Class A | 102647 | $663979 |
|  | Will Semiconductor Co. Ltd. Shanghai, Class A | 25488 | 462966 |
|  | Willfar Information Technology Co. Ltd., Class A | 59477 | 294525 |
|  | Winall Hi-Tech Seed Co. Ltd., Class A | 315815 | 399722 |
|  | Windey Energy Technology Group Co. Ltd., Class A | 347538 | 503148 |
|  | Wingtech Technology Co. Ltd., Class A | 129997 | 624352 |
|  | Winner Medical Co. Ltd., Class A | 88325 | 635433 |
|  | Winning Health Technology Group Co. Ltd., Class A | 491000 | 691824 |
|  | Wolong Electric Group Co. Ltd., Class A | 465095 | 1644026 |
|  \* | World Union Group, Inc., Class A | 1047377 | 322061 |
|  | Wuchan Zhongda Group Co. Ltd., Class A | 1140550 | 798962 |
|  | Wuhan Dr. Laser Technology Corp. Ltd., Class A | 54940 | 436328 |
|  | Wuhan East Lake High Technology Group Co. Ltd., Class A | 185300 | 224164 |
|  | Wuhan Easydiagnosis Biomedicine Co. Ltd., Class A | 81696 | 212475 |
|  | Wuhan Fingu Electronic Technology Co. Ltd., Class A | 186300 | 308321 |
|  | Wuhan Jingce Electronic Group Co. Ltd., Class A | 13800 | 115778 |
|  | Wuhan Raycus Fiber Laser Technologies Co. Ltd., Class A | 185500 | 456362 |
|  | Wuhu Token Science Co. Ltd., Class A | 763240 | 597227 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Wuliangye Yibin Co. Ltd., Class A | 841312 | $14910624 |
|  | Wuling Motors Holdings Ltd. | 1060000 | 55886 |
|  | WUS Printed Circuit Kunshan Co. Ltd., Class A | 323380 | 1251185 |
|  | Wushang Group Co. Ltd., Class A | 514700 | 659785 |
|  #W | WuXi AppTec Co. Ltd., Class H | 1126260 | 8704408 |
|  | Wuxi Autowell Technology Co. Ltd., Class A | 110708 | 504408 |
|  | Wuxi Best Precision Machinery Co. Ltd., Class A | 210570 | 807012 |
|  \*W | Wuxi Biologics Cayman, Inc. | 8761000 | 25445691 |
|  | Wuxi Boton Technology Co. Ltd., Class A | 208338 | 658306 |
|  | Wuxi Chipown Micro-Electronics Ltd., Class A | 39976 | 304825 |
|  | Wuxi DK Electronic Materials Co. Ltd., Class A | 51500 | 265146 |
|  | Wuxi Huaguang Environment & Energy Group Co. Ltd., Class A | 789100 | 992209 |
|  | Wuxi Lead Intelligent Equipment Co. Ltd., Class A | 49500 | 135881 |
|  | Wuxi NCE Power Co. Ltd., Class A | 96600 | 411887 |
|  | Wuxi Paike New Materials Technology Co. Ltd., Class A | 73698 | 562861 |
|  | Wuxi Rural Commercial Bank Co. Ltd., Class A | 803300 | 612078 |
|  | Wuxi Taiji Industry Ltd. Co., Class A | 659456 | 574870 |
|  | Wuxi Xinje Electric Co. Ltd., Class A | 75000 | 531587 |
|  | Wuzhou Special Paper Group Co. Ltd., Class A | 172811 | 268548 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | XCMG Construction Machinery Co. Ltd., Class A | 2166000 | $2629474 |
|  | XGD, Inc., Class A | 289994 | 882296 |
|  W | Xiabuxiabu Catering Management China Holdings Co. Ltd. | 6905500 | 644759 |
|  | Xiamen Amoytop Biotech Co. Ltd., Class A | 71126 | 728626 |
|  | Xiamen Bank Co. Ltd., Class A | 973161 | 772260 |
|  | Xiamen C & D, Inc., Class A | 483230 | 693129 |
|  | Xiamen Changelight Co. Ltd., Class A | 243788 | 356237 |
|  | Xiamen Comfort Science & Technology Group Co. Ltd., Class A | 178626 | 154352 |
|  | Xiamen Faratronic Co. Ltd., Class A | 36058 | 516799 |
|  \* | Xiamen Hongxin Electronics Technology Group, Inc., Class A | 44800 | 167367 |
|  | Xiamen International Airport Co. Ltd., Class A | 126156 | 244989 |
|  | Xiamen Intretech, Inc., Class A | 231684 | 488010 |
|  | Xiamen ITG Group Corp. Ltd., Class A | 718463 | 620345 |
|  | Xiamen Jihong Technology Co. Ltd., Class A | 262170 | 497078 |
|  | Xiamen Kingdomway Group Co., Class A | 345929 | 755503 |
|  | Xiamen Port Development Co. Ltd., Class A | 612400 | 624383 |
|  | Xiamen Tungsten Co. Ltd., Class A | 425462 | 1074739 |
|  | Xiamen Xiangyu Co. Ltd., Class A | 1420300 | 1267679 |
|  \* | Xian International Medical Investment Co. Ltd., Class A | 322800 | 223696 |
|  | Xi'an Manareco New Materials Co. Ltd., Class A | 81732 | 429431 |
|  | Xi'An Shaangu Power Co. Ltd., Class A | 721545 | 823842 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Xi'an Triangle Defense Co. Ltd., Class A | 124638 | $425260 |
|  | Xiandai Investment Co. Ltd., Class A | 1253038 | 683186 |
|  | Xiangcai Co. Ltd., Class A | 453908 | 485346 |
|  | Xiangpiaopiao Food Co. Ltd., Class A | 101300 | 178789 |
|  \* | Xiangtan Electric Manufacturing Co. Ltd., Class A | 403530 | 550511 |
|  | Xiangtan Electrochemical Scientific Co. Ltd., Class A | 337100 | 456680 |
|  | Xianhe Co. Ltd., Class A | 281207 | 813752 |
|  \*W | Xiaomi Corp., Class B | 9622200 | 61603242 |
|  | Xilinmen Furniture Co. Ltd., Class A | 244300 | 514866 |
|  | Xinfengming Group Co. Ltd., Class A | 903412 | 1342223 |
|  | Xingfa Aluminium Holdings Ltd. | 360000 | 355823 |
|  | Xinhua Winshare Publishing & Media Co. Ltd., Class H | 3324000 | 4811700 |
|  | Xinhuanet Co. Ltd., Class A | 102814 | 316758 |
|  | Xinjiang Communications Construction Group Co. Ltd., Class A | 276100 | 420075 |
|  | Xinjiang Joinworld Co. Ltd., Class A | 434546 | 398602 |
|  | Xinjiang Qingsong Building Materials & Chemicals Group Co. Ltd., Class A | 1046900 | 537063 |
|  | Xinjiang Xintai Natural Gas Co. Ltd., Class A | 72225 | 276063 |
|  | Xinjiang Xinxin Mining Industry Co. Ltd., Class H | 6474000 | 758079 |
|  | Xinjiang Xuefeng Sci-Tech Group Co. Ltd., Class A | 725900 | 970956 |
|  \* | Xinjiang Zhongtai Chemical Co. Ltd., Class A | 293700 | 188955 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | XinKong International Capital Holdings Ltd. | 206000 | $3322 |
|  #\* | Xinte Energy Co. Ltd., Class H | 3980800 | 2273236 |
|  | Xinxiang Chemical Fiber Co. Ltd., Class A | 1110000 | 595674 |
|  | Xinxiang Richful Lube Additive Co. Ltd., Class A | 141940 | 1207949 |
|  | Xinxing Ductile Iron Pipes Co. Ltd., Class A | 947950 | 439642 |
|  # | Xinyi Energy Holdings Ltd. | 15333211 | 1815755 |
|  # | Xinyi Solar Holdings Ltd. | 46796006 | 15562490 |
|  | Xinyu Iron & Steel Co. Ltd., Class A | 905500 | 504067 |
|  | Xinzhi Group Co. Ltd., Class A | 305800 | 725941 |
|  \* | Xizang Zhufeng Resources Co. Ltd., Class A | 427700 | 551492 |
|  | Xizi Clean Energy Equipment Manufacturing Co. Ltd., Class A | 247000 | 368758 |
|  \* | XPeng, Inc., Class A | 1073600 | 9994155 |
|  # | Xtep International Holdings Ltd. | 11742506 | 8007807 |
|  | Xuji Electric Co. Ltd., Class A | 247100 | 722842 |
|  \* | Xunlei Ltd., ADR | 133711 | 564260 |
|  \* | XXF Group Holdings Ltd. | 55000 | 47746 |
|  W | Yadea Group Holdings Ltd. | 7146408 | 12898235 |
|  \* | YaGuang Technology Group Co. Ltd., Class A | 369100 | 282155 |
|  | Yangling Metron New Material, Inc., Class A | 243080 | 630970 |
|  \* | Yangmei Chemical Co. Ltd., Class A | 916200 | 256097 |
|  W | Yangtze Optical Fibre & Cable Joint Stock Co. Ltd., Class H | 839500 | 1480888 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Yangzhou Yangjie Electronic Technology Co. Ltd., Class A | 143500 | $957201 |
|  | Yankershop Food Co. Ltd., Class A | 54772 | 677413 |
|  # | Yankuang Energy Group Co. Ltd., Class H | 17643499 | 18427265 |
|  | Yantai Changyu Pioneer Wine Co. Ltd., Class A | 111642 | 347380 |
|  | Yantai China Pet Foods Co. Ltd., Class A | 163916 | 1274213 |
|  | Yantai Dongcheng Pharmaceutical Co. Ltd., Class A | 301994 | 622028 |
|  | Yantai Eddie Precision Machinery Co. Ltd., Class A | 198530 | 513272 |
|  | Yantai Jereh Oilfield Services Group Co. Ltd., Class A | 283692 | 1226961 |
|  | YanTai Shuangta Food Co. Ltd., Class A | 590850 | 432940 |
|  | Yantai Zhenghai Magnetic Material Co. Ltd., Class A | 469000 | 801066 |
|  \* | Yatsen Holding Ltd., ADR | 23854 | 102095 |
|  #\* | Yeahka Ltd. | 686000 | 686200 |
|  | Yealink Network Technology Corp. Ltd., Class A | 119620 | 547111 |
|  | Yechiu Metal Recycling China Ltd., Class A | 831540 | 273516 |
|  | Yeebo International Holdings Ltd. | 190000 | 39662 |
|  | YGSOFT, Inc., Class A | 446671 | 350419 |
|  | Yibin Tianyuan Group Co. Ltd., Class A | 721300 | 435739 |
|  #\*W | YiChang HEC ChangJiang Pharmaceutical Co. Ltd., Class H | 2155800 | 3457322 |
|  | Yifan Pharmaceutical Co. Ltd., Class A | 256600 | 400837 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Yifeng Pharmacy Chain Co. Ltd., Class A | 360951 | $1407491 |
|  # | Yihai International Holding Ltd. | 3271000 | 5638531 |
|  | Yinbang Clad Material Co. Ltd., Class A | 246700 | 349073 |
|  | Yindu Kitchen Equipment Co. Ltd., Class A | 108600 | 328877 |
|  | Yingkou Jinchen Machinery Co. Ltd., Class A | 7100 | 23080 |
|  | Yip's Chemical Holdings Ltd. | 1348000 | 263938 |
|  | Yiren Digital Ltd., Sponsored ADR | 325665 | 2129849 |
|  #W | Yixin Group Ltd. | 5764000 | 1583452 |
|  | Yixintang Pharmaceutical Group Co. Ltd., Class A | 464123 | 906442 |
|  | Yizumi Holdings Co. Ltd., Class A | 286600 | 809560 |
|  | Yonfer Agricultural Technology Co. Ltd., Class A | 849800 | 1587722 |
|  | Yongjin Technology Group Co. Ltd. | 286200 | 641825 |
|  | YongXing Special Materials Technology Co. Ltd., Class A | 108518 | 458145 |
|  \* | Yonyou Network Technology Co. Ltd., Class A | 123643 | 251151 |
|  | Yotrio Group Co. Ltd., Class A | 1055000 | 506339 |
|  | Youcare Pharmaceutical Group Co. Ltd., Class A | 175457 | 398868 |
|  | Youngor Fashion Co. Ltd., Class A | 566800 | 584922 |
|  | Youngy Co. Ltd., Class A | 89800 | 335935 |
|  | Youzu Interactive Co. Ltd., Class A | 429100 | 556761 |
|  | YTO Express Group Co. Ltd., Class A | 793975 | 1432128 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Yuan Longping High-tech Agriculture Co. Ltd., Class A | 85300 | $118680 |
|  | Yuexiu Transport Infrastructure Ltd. | 3709415 | 1642721 |
|  \* | Yueyang Forest & Paper Co. Ltd., Class A | 765600 | 451767 |
|  | YUNDA Holding Group Co. Ltd., Class A | 1170786 | 1094853 |
|  | Yunnan Aluminium Co. Ltd., Class A | 1062000 | 2225176 |
|  | Yunnan Baiyao Group Co. Ltd., Class A | 174177 | 1373245 |
|  | Yunnan Chihong Zinc&Germanium Co. Ltd., Class A | 1172600 | 820397 |
|  | Yunnan Copper Co. Ltd., Class A | 651900 | 1045894 |
|  | Yunnan Energy Investment Co. Ltd., Class A | 398600 | 598065 |
|  | Yunnan Energy New Material Co. Ltd., Class A | 224995 | 859225 |
|  | Yunnan Lincang Xinyuan Germanium Industrial Co. Ltd., Class A | 141500 | 362057 |
|  | Yunnan Nantian Electronics Information Co. Ltd., Class A | 120891 | 281937 |
|  | Yunnan Tin Co. Ltd., Class A | 791200 | 1506884 |
|  | Yunnan Yuntianhua Co. Ltd., Class A | 506953 | 1559318 |
|  | Yusys Technologies Co. Ltd., Class A | 164539 | 545926 |
|  | Yutong Bus Co. Ltd., Class A | 582006 | 2150785 |
|  | Yutong Heavy Industries Co. Ltd., Class A | 152502 | 236403 |
|  | Zangge Mining Co. Ltd., Class A | 90900 | 452756 |
|  | ZBOM Home Collection Co. Ltd., Class A | 281938 | 423872 |

---

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| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| CHINA — (Continued) |  |  |
| Zengame Technology Holding Ltd. | 1976000 | $576174 |
| Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A | 66703 | 1884130 |
| Zhaojin Mining Industry Co. Ltd., Class H | 5778666 | 13766781 |
| Zhefu Holding Group Co. Ltd., Class A | 1898531 | 822474 |
| Zhejiang Asia-Pacific Mechanical & Electronic Co. Ltd., Class A | 338700 | 512850 |
| Zhejiang Ausun Pharmaceutical Co. Ltd., Class A | 220640 | 238068 |
| Zhejiang Cfmoto Power Co. Ltd., Class A | 32800 | 750336 |
| Zhejiang Changsheng Sliding Bearings Co. Ltd., Class A | 21700 | 239267 |
| Zhejiang China Commodities City Group Co. Ltd., Class A | 876200 | 1847621 |
| Zhejiang Chint Electrics Co. Ltd., Class A | 543490 | 1668604 |
| Zhejiang Communications Technology Co. Ltd., Class A | 2119409 | 1122965 |
| Zhejiang Conba Pharmaceutical Co. Ltd., Class A | 1344700 | 813358 |
| Zhejiang Crystal-Optech Co. Ltd., Class A | 455162 | 1233561 |
| Zhejiang Dahua Technology Co. Ltd., Class A | 547900 | 1188616 |
| Zhejiang Daily Digital Culture Group Co. Ltd., Class A | 258000 | 499567 |
| Zhejiang Dingli Machinery Co. Ltd., Class A | 115896 | 693545 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Zhejiang Dun'An Artificial Environment Co. Ltd., Class A | 536940 | $835536 |
|  # | Zhejiang Expressway Co. Ltd., Class H | 8928039 | 7358792 |
|  | Zhejiang Garden Biopharmaceutical Co. Ltd., Class A | 271648 | 566987 |
|  #\*†† | Zhejiang Glass Co. Ltd., Class H | 192000 | 0 |
|  | Zhejiang Gongdong Medical Technology Co. Ltd., Class A | 20580 | 66622 |
|  | Zhejiang Guyuelongshan Shaoxing Wine Co. Ltd., Class A | 768900 | 935761 |
|  | Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co. Ltd. | 1348400 | 2090481 |
|  | Zhejiang Hailiang Co. Ltd., Class A | 740561 | 974206 |
|  | Zhejiang Hailide New Material Co. Ltd., Class A | 707100 | 478275 |
|  | Zhejiang HangKe Technology, Inc. Co., Class A | 201410 | 473804 |
|  | Zhejiang Hangmin Co. Ltd., Class A | 870200 | 847785 |
|  \* | Zhejiang Hisoar Pharmaceutical Co. Ltd., Class A | 673224 | 462223 |
|  \* | Zhejiang Hisun Pharmaceutical Co. Ltd., Class A | 957300 | 1168620 |
|  | Zhejiang Huace Film & Television Co. Ltd., Class A | 637000 | 631374 |
|  | Zhejiang Huahai Pharmaceutical Co. Ltd., Class A | 452879 | 895276 |
|  | Zhejiang Huakang Pharmaceutical Co. Ltd., Class A | 130700 | 271866 |
|  | Zhejiang Huangma Technology Co. Ltd., Class A | 316300 | 526784 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Zhejiang Huatong Meat Products Co. Ltd., Class A | 142200 | $209994 |
|  | Zhejiang Huayou Cobalt Co. Ltd., Class A | 395935 | 1847036 |
|  | Zhejiang International Group Co. Ltd., Class A | 135340 | 189477 |
|  | Zhejiang Jiahua Energy Chemical Industry Co. Ltd., Class A | 664200 | 781749 |
|  | Zhejiang Jiecang Linear Motion Technology Co. Ltd., Class A | 198407 | 1171839 |
|  | Zhejiang Jiemei Electronic & Technology Co. Ltd., Class A | 137412 | 342512 |
|  | Zhejiang Jinggong Integration Technology Co. Ltd., Class A | 165600 | 393043 |
|  | Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A | 338670 | 1279882 |
|  | Zhejiang Jingu Co. Ltd., Class A | 203150 | 386043 |
|  | Zhejiang Jingxin Pharmaceutical Co. Ltd., Class A | 497820 | 936109 |
|  | Zhejiang JIULI Hi-tech Metals Co. Ltd., Class A | 436384 | 1406349 |
|  | Zhejiang Jiuzhou Pharmaceutical Co. Ltd., Class A | 370800 | 701021 |
|  | Zhejiang Jolly Pharmaceutical Co. Ltd., Class A | 223100 | 481731 |
|  | Zhejiang Juhua Co. Ltd., Class A | 258820 | 907996 |
|  | Zhejiang Lante Optics Co. Ltd., Class A | 131521 | 432189 |
|  | Zhejiang Longsheng Group Co. Ltd., Class A | 378634 | 511749 |
|  | Zhejiang Medicine Co. Ltd., Class A | 436569 | 800988 |

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|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Zhejiang Meida Industrial Co. Ltd., Class A | 322500 | $317139 |
|  | Zhejiang Meorient Commerce & Exhibition, Inc., Class A | 118350 | 322001 |
|  | Zhejiang Narada Power Source Co. Ltd., Class A | 88200 | 171233 |
|  | Zhejiang NHU Co. Ltd., Class A | 757379 | 2306562 |
|  | Zhejiang Orient Financial Holdings Group Co. Ltd., Class A | 970977 | 803985 |
|  \* | Zhejiang Orient Gene Biotech Co. Ltd., Class A | 117838 | 355954 |
|  | Zhejiang Qianjiang Motorcycle Co. Ltd., Class A | 430600 | 899083 |
|  | Zhejiang Runtu Co. Ltd., Class A | 642250 | 615351 |
|  | Zhejiang Sanhua Intelligent Controls Co. Ltd., Class A | 210800 | 779187 |
|  | Zhejiang Sanmei Chemical Industry Co. Ltd., Class A | 52340 | 319033 |
|  | Zhejiang Semir Garment Co. Ltd., Class A | 1509125 | 1167576 |
|  | Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co. Ltd., Class A | 1317900 | 941066 |
|  | Zhejiang Shibao Co. Ltd., Class H | 314000 | 134685 |
|  | Zhejiang Shouxiangu Pharmaceutical Co. Ltd., Class A | 115400 | 309588 |
|  | Zhejiang Songyuan Automotive Safety Systems Co. Ltd., Class A | 91300 | 425008 |
|  | Zhejiang Southeast Space Frame Co. Ltd., Class A | 643426 | 361532 |
|  \* | Zhejiang Sunriver Culture Tourism Co. Ltd., Class A | 304700 | 404322 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Zhejiang Supor Co. Ltd., Class A | 85169 | $659497 |
|  | Zhejiang Taihua New Material Group Co. Ltd., Class A | 537000 | 704711 |
|  \* | Zhejiang Tiantie Science & Technology Co. Ltd., Class A | 484922 | 309323 |
|  | Zhejiang Tianyu Pharmaceutical Co. Ltd., Class A | 186202 | 571238 |
|  \* | Zhejiang Tony Electronic Co. Ltd., Class A | 54000 | 122717 |
|  | Zhejiang Wanfeng Auto Wheel Co. Ltd., Class A | 933447 | 2146442 |
|  | Zhejiang Wanliyang Co. Ltd., Class A | 1083441 | 1094147 |
|  | Zhejiang Wanma Co. Ltd., Class A | 806000 | 1640736 |
|  | Zhejiang Wansheng Co. Ltd., Class A | 23800 | 31105 |
|  | Zhejiang Weiming Environment Protection Co. Ltd., Class A | 486793 | 1305101 |
|  | Zhejiang Weixing Industrial Development Co. Ltd., Class A | 474827 | 723413 |
|  | Zhejiang Weixing New Building Materials Co. Ltd., Class A | 538357 | 874197 |
|  | Zhejiang Wolwo Bio-Pharmaceutical Co. Ltd., Class A | 201432 | 545131 |
|  | Zhejiang XCC Group Co. Ltd., Class A | 154200 | 794625 |
|  | Zhejiang Xianju Pharmaceutical Co. Ltd., Class A | 511349 | 632948 |
|  | Zhejiang Xinan Chemical Industrial Group Co. Ltd., Class A | 390293 | 407482 |
|  | Zhejiang Xinao Textiles, Inc., Class A | 622900 | 507856 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Zhejiang Xinhua Chemical Co. Ltd., Class A | 95300 | $314763 |
|  | Zhejiang Yankon Group Co. Ltd., Class A | 135829 | 58853 |
|  | Zhejiang Yasha Decoration Co. Ltd., Class A | 737700 | 366609 |
|  | Zhejiang Yinlun Machinery Co. Ltd., Class A | 480900 | 1685264 |
|  | Zhejiang Yonggui Electric Equipment Co. Ltd., Class A | 34300 | 74342 |
|  | Zhejiang Yonghe Refrigerant Co. Ltd., Class A | 201600 | 602631 |
|  \* | Zhejiang Yongtai Technology Co. Ltd., Class A | 306384 | 436716 |
|  | Zhejiang Zhaolong Interconnect Technology Co. Ltd., Class A | 71700 | 453247 |
|  | Zhende Medical Co. Ltd., Class A | 160611 | 423309 |
|  | Zhengzhou Coal Mining Machinery Group Co. Ltd., Class H | 2505400 | 4170571 |
|  | Zhengzhou GL Tech Co. Ltd., Class A | 13400 | 24221 |
|  | Zhenjiang Dongfang Electric Heating Technology Co. Ltd., Class A | 1245100 | 802927 |
|  | Zheshang Development Group Co. Ltd., Class A | 583617 | 496509 |
|  | Zheshang Securities Co. Ltd., Class A | 331300 | 479296 |
|  | Zhewen Interactive Group Co. Ltd., Class A | 587420 | 647872 |
|  \* | Zhihu, Inc. | 13500 | 17686 |
|  \* | Zhong An Group Ltd. | 14556888 | 239165 |
|  \*W | ZhongAn Online P&C Insurance Co. Ltd., Class H | 5170900 | 7466764 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Zhongfu Straits Pingtan Development Co. Ltd., Class A | 261000 | $104971 |
|  | Zhongji Innolight Co. Ltd., Class A | 105571 | 1234523 |
|  | Zhongjin Gold Corp. Ltd., Class A | 980800 | 1847338 |
|  | ZhongMan Petroleum & Natural Gas Group Corp. Ltd., Class A | 303800 | 672026 |
|  \* | Zhongnongfa Seed Industry Group Co. Ltd., Class A | 358400 | 314949 |
|  | Zhongshan Broad Ocean Motor Co. Ltd., Class A | 1203500 | 1148512 |
|  | Zhongshan Public Utilities Group Co. Ltd., Class A | 250900 | 294984 |
|  | Zhongsheng Group Holdings Ltd. | 7241500 | 10896152 |
|  | Zhongtai Securities Co. Ltd., Class A | 505700 | 425210 |
|  \*†† | Zhongtian Financial Group Co. Ltd., Class A | 4312400 | 0 |
|  | Zhongtong Bus Holding Co. Ltd., Class A | 393500 | 601358 |
|  #\* | Zhongyu Energy Holdings Ltd. | 1846550 | 1019666 |
|  | Zhongyuan Environment-Protection Co. Ltd., Class A | 804595 | 902722 |
|  W | Zhou Hei Ya International Holdings Co. Ltd. | 8009000 | 2596161 |
|  | Zhuhai Huafa Properties Co. Ltd., Class A | 452438 | 317406 |
|  \* | Zhuhai Zhumian Group Co. Ltd. | 418257 | 377822 |
|  | Zhuzhou CRRC Times Electric Co. Ltd., Class H | 1664450 | 6680826 |
|  | Zhuzhou Hongda Electronics Corp. Ltd., Class A | 120532 | 559166 |
|  | Zhuzhou Kibing Group Co. Ltd., Class A | 1227400 | 913407 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Zhuzhou Smelter Group Co. Ltd., Class A | 689600 | $952296 |
|  | Zhuzhou Times New Material Technology Co. Ltd., Class A | 537900 | 840589 |
|  | Zibo Qixiang Tengda Chemical Co. Ltd., Class A | 967500 | 593470 |
|  | Zijin Mining Group Co. Ltd., Class H | 14720000 | 32158531 |
|  | ZJAMP Group Co. Ltd., Class A | 239500 | 287634 |
|  W | ZJLD Group, Inc. | 52600 | 43969 |
|  | ZJMI Environmental Energy Co. Ltd., Class A | 512727 | 869495 |
|  # | Zonqing Environmental Ltd. | 48000 | 58591 |
|  | Zoomlion Heavy Industry Science & Technology Co. Ltd., Class H | 5067200 | 3651326 |
|  # | ZTE Corp., Class H | 2059792 | 6080772 |
|  | ZTO Express Cayman, Inc. (2057 HK) | 516900 | 9626683 |
|  | ZTO Express Cayman, Inc. (ZTO US), ADR | 1047004 | 19369574 |
|  #\* | Zx, Inc. | 90400 | 99406 |
|  \*W | Zylox-Tonbridge Medical Technology Co. Ltd. | 111000 | 258578 |
|  TOTAL CHINA | TOTAL CHINA |  | 6745280855 |
|  COLOMBIA — (0.1%) | COLOMBIA — (0.1%) |  |  |
|  | Almacenes Exito SA, BDR | 1015134 | 1862073 |
|  | Bancolombia SA (BCOLO CB) | 422977 | 5014980 |
|  | Bancolombia SA (CIB US), Sponsored ADR | 118217 | 4766509 |
|  | Bolsa de Valores de Colombia | 20739 | 62184 |
|  | Celsia SA ESP | 1462150 | 1391018 |
|  | Cementos Argos SA | 1666456 | 4227692 |
|  \* | Corp. Financiera Colombiana SA | 399328 | 1564965 |
|  | Grupo Argos SA | 511253 | 2659367 |
|  | Grupo Aval Acciones y Valores SA, ADR | 16747 | 44714 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COLOMBIA — (Continued) | COLOMBIA — (Continued) |  |  |
|  | Grupo Energia Bogota SA ESP | 3219558 | $2232434 |
|  | Interconexion Electrica SA ESP | 1150113 | 5933510 |
|  | Mineros SA | 417293 | 598945 |
|  | Promigas SA ESP | 69923 | 110869 |
|  TOTAL COLOMBIA | TOTAL COLOMBIA |  | 30469260 |
|  CZECH REPUBLIC — (0.1%) | CZECH REPUBLIC — (0.1%) |  |  |
|  | CEZ AS | 434330 | 22046387 |
|  | Komercni Banka AS | 180880 | 8791092 |
|  W | Moneta Money Bank AS | 718905 | 4443931 |
|  # | Philip Morris CR AS | 2049 | 1658828 |
|  TOTAL CZECH REPUBLIC | TOTAL CZECH REPUBLIC |  | 36940238 |
|  EGYPT — (0.0%) | EGYPT — (0.0%) |  |  |
|  | Commercial International Bank - Egypt (CIB) (CBKD LI), GDR | 5301068 | 8275990 |
|  \* | EFG Holding SAE (EFGD LI), GDR | 34192 | 27370 |
|  \* | EFG Holding SAE (EFGZF US), GDR | 131241 | 104993 |
|  TOTAL EGYPT | TOTAL EGYPT |  | 8408353 |
|  GREECE — (0.5%) | GREECE — (0.5%) |  |  |
|  | Aegean Airlines SA | 245956 | 3302675 |
|  #\* | Aktor SA Holding Company Technical & Energy Projects | 133992 | 751983 |
|  | Alpha Services & Holdings SA | 4479043 | 10920941 |
|  | Athens International Airport SA | 9008 | 93326 |
|  | Athens Water Supply & Sewage Co. SA | 171411 | 1130824 |
|  | Autohellas Tourist & Trading SA | 118800 | 1525273 |
|  | Avax SA | 173111 | 393898 |
|  | Bank of Greece | 29037 | 451531 |
|  | Ellaktor SA | 256653 | 378795 |
|  # | ElvalHalcor SA | 395854 | 888018 |
|  | Eurobank Ergasias Services & Holdings SA | 5895353 | 16731158 |
|  \*†† | FF Group | 156853 | 0 |
|  | Fourlis Holdings SA | 270617 | 1225988 |
|  | GEK Terna SA | 365348 | 7582850 |

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**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GREECE — (Continued) | GREECE — (Continued) |  |  |
|  # | Hellenic Exchanges - Athens Stock Exchange SA | 134432 | $804625 |
|  | Hellenic Telecommunications Organization SA | 419969 | 7969753 |
|  | Helleniq Energy Holdings SA | 421953 | 3644670 |
|  | Holding Co. ADMIE IPTO SA | 241573 | 790838 |
|  # | Ideal Holdings SA | 59686 | 425702 |
|  # | Intracom Holdings SA | 404007 | 1414969 |
|  | Jumbo SA | 298969 | 9439193 |
|  | Kri-Kri Milk Industry SA | 55970 | 968230 |
|  \* | LAMDA Development SA | 356829 | 2684974 |
|  #\* | Lavipharm SA | 161049 | 146190 |
|  | Metlen Energy & Metals SA | 227330 | 10758914 |
|  | Motor Oil Hellas Corinth Refineries SA | 325983 | 7898607 |
|  | National Bank of Greece SA | 1396185 | 14818367 |
|  | OPAP SA | 411805 | 9149983 |
|  | Piraeus Financial Holdings SA | 1273424 | 7151584 |
|  # | Piraeus Port Authority SA | 49221 | 2203601 |
|  | Profile Systems & Software SA | 36862 | 232078 |
|  | Public Power Corp. SA | 406294 | 6090269 |
|  | Quest Holdings SA | 170341 | 1222108 |
|  | Sarantis SA | 105490 | 1617212 |
|  | Thrace Plastics Holding & Co | 87223 | 374974 |
|  TOTAL GREECE | TOTAL GREECE |  | 135184101 |
|  HONG KONG — (1.5%) | HONG KONG — (1.5%) |  |  |
|  | Amrita Global | 1972000 | 152561 |
|  | Beijing Enterprises Holdings Ltd. | 3690028 | 14972571 |
|  # | Beijing Tong Ren Tang Chinese Medicine Co. Ltd. | 1825000 | 1981075 |
|  | BYD Electronic International Co. Ltd. | 3844222 | 15955146 |
|  \*†† | CECEP COSTIN New Materials Group Ltd. | 2583000 | 0 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  | Chervon Holdings Ltd. | 185500 | $311533 |
|  \* | China Aerospace International Holdings Ltd. | 12782600 | 634228 |
|  | China Chengtong Development Group Ltd. | 546000 | 6887 |
|  \*†† | China Common Rich Renewable Energy Investments Ltd. | 37310000 | 0 |
|  | China Everbright Environment Group Ltd. | 17391777 | 8036028 |
|  | China Everbright Ltd. | 7078896 | 3785527 |
|  #†† | China Huiyuan Juice Group Ltd. | 2951846 | 133441 |
|  | China Jinmao Holdings Group Ltd. | 39730043 | 5878797 |
|  | China Merchants Port Holdings Co. Ltd. | 9587122 | 15564516 |
|  | China Nonferrous Mining Corp. Ltd. | 12399000 | 8206395 |
|  | China Overseas Grand Oceans Group Ltd. | 13506450 | 2991774 |
|  | China Overseas Land & Investment Ltd. | 7972533 | 14144464 |
|  # | China Power International Development Ltd. | 22822600 | 8964450 |
|  \*†† | China Properties Investment Holdings Ltd. | 397000 | 0 |
|  | China Resources Beer Holdings Co. Ltd. | 8577661 | 30152217 |
|  W | China Resources Pharmaceutical Group Ltd. | 12377000 | 7812566 |
|  | China Resources Power Holdings Co. Ltd. | 6312820 | 15229148 |
|  | China Taiping Insurance Holdings Co. Ltd. | 13891130 | 19235971 |
|  # | China Tobacco International HK Co. Ltd. | 1184000 | 3809628 |
|  #\* | China Traditional Chinese Medicine Holdings Co. Ltd. | 23080000 | 6008165 |

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**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  | China Travel International Investment Hong Kong Ltd. | 15837892 | $2057817 |
|  \* | China Vered Financial Holding Corp. Ltd. | 37510000 | 227611 |
|  #\*†† | China Zhongwang Holdings Ltd. | 14337979 | 0 |
|  | CITIC Ltd. | 14587567 | 17733695 |
|  | CSPC Pharmaceutical Group Ltd. | 54076400 | 42592674 |
|  | CSSC Hong Kong Shipping Co. Ltd. | 11548000 | 2528371 |
|  \* | CWT International Ltd. | 23990000 | 291208 |
|  \* | EverChina International Holdings Co. Ltd. | 18107500 | 175689 |
|  # | Far East Horizon Ltd. | 16837000 | 13064421 |
|  | Fosun International Ltd. | 11174620 | 5792874 |
|  | Fountain SET Holdings Ltd. | 234000 | 19065 |
|  #\*†† | Fuguiniao Co. Ltd. | 782600 | 0 |
|  W | Genertec Universal Medical Group Co. Ltd. | 6737000 | 4443369 |
|  | Goldpac Group Ltd. | 2119000 | 249610 |
|  | Guangdong Investment Ltd. | 12158000 | 9838457 |
|  #W | Hua Hong Semiconductor Ltd. | 4589000 | 20984732 |
|  | Jinmao Property Services Co. Ltd. | 345664 | 129028 |
|  # | LC Logistics, Inc. | 10400 | 24183 |
|  | Lenovo Group Ltd. | 38084000 | 44047051 |
|  | Min Xin Holdings Ltd. | 742000 | 181298 |
|  #\* | MMG Ltd. | 42530799 | 12873551 |
|  # | Morimatsu International Holdings Co. Ltd. | 1557000 | 1105632 |
|  | PAX Global Technology Ltd. | 5246000 | 3159104 |
|  | Poly Property Group Co. Ltd. | 15982987 | 3020312 |
|  | Shanghai Industrial Holdings Ltd. | 3322000 | 5069552 |
|  | Shenzhen Investment Ltd. | 21103674 | 2119630 |
|  # | Shoucheng Holdings Ltd. | 13847640 | 2838272 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  | Shougang Fushan Resources Group Ltd. | 20643003 | $6541718 |
|  W | Simcere Pharmaceutical Group Ltd. | 4706000 | 5320406 |
|  | Sinotruk Hong Kong Ltd. | 5474000 | 13153478 |
|  | Sun Art Retail Group Ltd. | 14324500 | 3418638 |
|  \*†† | Tech-Pro, Inc. | 37652000 | 0 |
|  | Tian An China Investment Co. Ltd. | 1286357 | 708303 |
|  \*†† | Tian Shan Development Holding Ltd. | 1584000 | 0 |
|  | Tianjin Development Holdings Ltd. | 2005800 | 493350 |
|  #†† | Untrade.China Dili | 10753661 | 171657 |
|  \*†† | Untrade.Lumena Newmat | 391649 | 0 |
|  | Wharf Holdings Ltd. | 2105000 | 5287548 |
|  # | Yuexiu Property Co. Ltd. | 10750956 | 6488546 |
|  | Yuexiu Services Group Ltd. | 916000 | 339681 |
|  TOTAL HONG KONG | TOTAL HONG KONG |  | 420457619 |
|  HUNGARY — (0.3%) | HUNGARY — (0.3%) |  |  |
|  \* | 4iG Nyrt | 55331 | 279071 |
|  | Magyar Telekom Telecommunications PLC | 1146807 | 5422595 |
|  \* | MASTERPLAST Nyrt | 4476 | 30035 |
|  | MOL Hungarian Oil & Gas PLC | 2370592 | 20073468 |
|  | Opus Global Nyrt | 852804 | 1316318 |
|  | OTP Bank Nyrt | 503133 | 37165430 |
|  | Richter Gedeon Nyrt | 130520 | 3958490 |
|  TOTAL HUNGARY | TOTAL HUNGARY |  | 68245407 |
|  INDIA — (20.3%) | INDIA — (20.3%) |  |  |
|  | 360 ONE WAM Ltd. | 758203 | 8777865 |
|  \* | 3i Infotech Ltd. | 349409 | 94969 |
|  | 3M India Ltd. | 4787 | 1702909 |
|  | 63 Moons Technologies Ltd. | 43482 | 330193 |
|  | Aarti Drugs Ltd. | 250368 | 1036259 |
|  | Aarti Industries Ltd. | 1027271 | 5103910 |
|  | Aarti Pharmalabs Ltd. | 222937 | 1888327 |
|  | ABB India Ltd. | 60222 | 3903310 |
|  | Abbott India Ltd. | 9321 | 3314405 |
|  | ACC Ltd. | 253817 | 5631393 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Accelya Solutions India Ltd. | 7072 | $111873 |
|  | Action Construction Equipment Ltd. | 341269 | 4738313 |
|  \* | Adani Energy Solutions Ltd. | 390286 | 4116046 |
|  | Adani Enterprises Ltd. | 87196 | 2363033 |
|  \* | Adani Green Energy Ltd. | 239681 | 2534500 |
|  | Adani Ports & Special Economic Zone Ltd. | 1234282 | 17746993 |
|  \* | Adani Power Ltd. | 2472481 | 15461277 |
|  | Adani Total Gas Ltd. | 436762 | 3076446 |
|  | ADF Foods Ltd. | 156810 | 410575 |
|  \* | Aditya Birla Capital Ltd. | 3272393 | 7578954 |
|  \* | Aditya Birla Fashion & Retail Ltd. | 428731 | 1327514 |
|  | Aditya Birla Real Estate Ltd. | 279243 | 6350358 |
|  | Advanced Enzyme Technologies Ltd. | 294271 | 995241 |
|  | Aegis Logistics Ltd. | 960492 | 8822070 |
|  \* | Aether Industries Ltd. | 28735 | 274997 |
|  \* | Affle India Ltd. | 109107 | 2040262 |
|  | Agarwal Industrial Corp. Ltd. | 14768 | 172018 |
|  | AGI Greenpac Ltd. | 221725 | 2136565 |
|  | Ahluwalia Contracts India Ltd. | 168736 | 1697344 |
|  | AIA Engineering Ltd. | 243348 | 9095033 |
|  | Ajanta Pharma Ltd. | 358229 | 11404512 |
|  | Ajmera Realty & Infra India Ltd. | 26154 | 253491 |
|  | Akzo Nobel India Ltd. | 63815 | 2579794 |
|  | Alembic Ltd. | 629826 | 744977 |
|  | Alembic Pharmaceuticals Ltd. | 487649 | 5021088 |
|  | Alkem Laboratories Ltd. | 78914 | 4742426 |
|  | Alkyl Amines Chemicals | 56482 | 1138181 |
|  \* | Allcargo Gati Ltd. | 274212 | 195375 |
|  | Allcargo Logistics Ltd. | 2122210 | 742089 |
|  \* | Allcargo Terminals Ltd. | 426277 | 124834 |
|  | Amara Raja Energy & Mobility Ltd. | 885207 | 10180757 |
|  \* | Amber Enterprises India Ltd. | 76953 | 5538804 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Ambika Cotton Mills Ltd. | 2805 | $44337 |
|  | Ambuja Cements Ltd. | 1005199 | 6387181 |
|  | Amrutanjan Health Care Ltd. | 47776 | 395936 |
|  | Anant Raj Ltd. | 587468 | 3128307 |
|  | Andhra Paper Ltd. | 88947 | 77745 |
|  | Andhra Sugars Ltd. | 356515 | 295848 |
|  | Angel One Ltd. | 384646 | 10542257 |
|  \*W | Antony Waste Handling Cell Ltd. | 56745 | 326943 |
|  | Anup Engineering Ltd. | 16279 | 576936 |
|  | Apar Industries Ltd. | 102819 | 6812460 |
|  | Apcotex Industries Ltd. | 89278 | 323617 |
|  | APL Apollo Tubes Ltd. | 711968 | 13510368 |
|  | Apollo Hospitals Enterprise Ltd. | 248015 | 20478855 |
|  | Apollo Pipes Ltd. | 18737 | 86214 |
|  | Apollo Tyres Ltd. | 3558807 | 19806936 |
|  | Aptech Ltd. | 2974 | 5285 |
|  | Aptus Value Housing Finance India Ltd. | 96453 | 363377 |
|  \* | Arman Financial Services Ltd. | 13149 | 239935 |
|  | Artemis Medicare Services Ltd. | 48262 | 145989 |
|  | Arvind Fashions Ltd. | 435675 | 2046996 |
|  | Arvind Ltd. | 1495872 | 6377466 |
|  | Arvind SmartSpaces Ltd. | 19935 | 152936 |
|  | Asahi India Glass Ltd. | 422488 | 3686533 |
|  \* | Ashapura Minechem Ltd. | 161769 | 634866 |
|  | Ashiana Housing Ltd. | 136696 | 436060 |
|  | Ashok Leyland Ltd. | 7025758 | 18814058 |
|  \* | Ashoka Buildcon Ltd. | 1398768 | 3056000 |
|  \* | Asian Granito India Ltd. | 88952 | 47403 |
|  | Asian Paints Ltd. | 750250 | 21465123 |
|  | Associated Alcohols & Breweries Ltd. | 1378 | 17901 |
|  W | Aster DM Healthcare Ltd. | 840295 | 5040188 |
|  | Astra Microwave Products Ltd. | 114927 | 1118109 |
|  | Astral Ltd. | 401140 | 6360016 |
|  | AstraZeneca Pharma India Ltd. | 22859 | 2337628 |
|  \* | Atul Auto Ltd. | 12551 | 68266 |
|  | Atul Ltd. | 99494 | 7907686 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  W | AU Small Finance Bank Ltd. | 949687 | $7595477 |
|  | AurionPro Solutions Ltd. | 44384 | 745949 |
|  \* | Aurobindo Pharma Ltd. | 1291469 | 18717469 |
|  | Automotive Axles Ltd. | 35359 | 692821 |
|  | Avadh Sugar & Energy Ltd. | 32944 | 218116 |
|  | Avantel Ltd. | 103546 | 140298 |
|  | Avanti Feeds Ltd. | 271271 | 2792353 |
|  \*W | Avenue Supermarts Ltd. | 96480 | 4755942 |
|  \* | AWL Agri Business Ltd. | 109623 | 346075 |
|  | Axis Bank Ltd. (AXSB IN) | 7832547 | 109728920 |
|  \* | AXISCADES Technologies Ltd. | 24713 | 238611 |
|  | Bajaj Auto Ltd. | 171821 | 16293703 |
|  \* | Bajaj Consumer Care Ltd. | 555335 | 1089309 |
|  | Bajaj Finance Ltd. | 554970 | 56489471 |
|  | Bajaj Finserv Ltd. | 716872 | 16553063 |
|  \* | Bajaj Hindusthan Sugar Ltd. | 5009249 | 1148462 |
|  | Bajaj Holdings & Investment Ltd. | 151893 | 21637885 |
|  | Balaji Amines Ltd. | 86892 | 1303308 |
|  | Balkrishna Industries Ltd. | 350093 | 11061040 |
|  | Balmer Lawrie & Co. Ltd. | 565989 | 1326806 |
|  | Balrampur Chini Mills Ltd. | 1276271 | 8279881 |
|  | Banco Products India Ltd. | 325889 | 1411872 |
|  W | Bandhan Bank Ltd. | 5206987 | 10163750 |
|  | Bank of Baroda | 3873114 | 11445645 |
|  | Bank of India | 2139467 | 2914096 |
|  | Bank of Maharashtra | 5106024 | 3048056 |
|  | Bannari Amman Sugars Ltd. | 8392 | 410580 |
|  \* | Barbeque Nation Hospitality Ltd. | 1769 | 6920 |
|  | BASF India Ltd. | 69516 | 3584857 |
|  | Bata India Ltd. | 255528 | 3630679 |
|  | Bayer CropScience Ltd. | 38042 | 2105950 |
|  | BCL Industries Ltd. | 562179 | 248743 |
|  | BEML Ltd. | 112435 | 4231976 |
|  | Berger Paints India Ltd. | 972951 | 6258742 |
|  | Best Agrolife Ltd. | 5425 | 23600 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  \* | BF Utilities Ltd. | 92487 | $773032 |
|  | Bhagiradha Chemicals & Industries Ltd. | 8960 | 31539 |
|  | Bhansali Engineering Polymers Ltd. | 728316 | 938033 |
|  | Bharat Bijlee Ltd. | 32715 | 1122833 |
|  | Bharat Dynamics Ltd. | 223352 | 3976208 |
|  | Bharat Electronics Ltd. | 6148858 | 22787099 |
|  | Bharat Forge Ltd. | 914493 | 11938003 |
|  | Bharat Heavy Electricals Ltd. | 4954806 | 13220780 |
|  | Bharat Petroleum Corp. Ltd. | 3878066 | 14203049 |
|  | Bharat Rasayan Ltd. | 6568 | 738287 |
|  \* | Bharat Wire Ropes Ltd. | 65113 | 132640 |
|  | Bharti Airtel Ltd. | 7023237 | 154114231 |
|  | Biocon Ltd. | 413084 | 1565331 |
|  | Birla Corp. Ltd. | 201637 | 2537788 |
|  | BirlaNu Ltd. | 29381 | 656423 |
|  | Birlasoft Ltd. | 1252951 | 5778184 |
|  \* | BL Kashyap & Sons Ltd. | 59294 | 44362 |
|  \* | Black Box Ltd. | 171179 | 753354 |
|  | Bliss Gvs Pharma Ltd. | 161555 | 225153 |
|  | BLS International Services Ltd. | 509711 | 2132380 |
|  | Blue Dart Express Ltd. | 34009 | 2506069 |
|  | Blue Star Ltd. | 416191 | 8405018 |
|  | Bluspring Enterprises Ltd. | 375375 | 855220 |
|  | Bombay Burmah Trading Co | 152595 | 3356132 |
|  | Bombay Dyeing & Manufacturing Co. Ltd. | 240615 | 368516 |
|  \* | Borosil Ltd. | 22047 | 82543 |
|  \* | Borosil Renewables Ltd. | 45879 | 265991 |
|  \* | Borosil Scientific Ltd. | 12129 | 18810 |
|  | Bosch Ltd. | 9561 | 3304086 |
|  | Brigade Enterprises Ltd. | 555050 | 6709116 |
|  \* | Brightcom Group Ltd. | 8123931 | 985637 |
|  | Britannia Industries Ltd. | 253892 | 16273778 |
|  | BSE Ltd. | 281973 | 21259814 |
|  \* | Camlin Fine Sciences Ltd. | 100952 | 194829 |
|  | Campus Activewear Ltd. | 163410 | 463342 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Can Fin Homes Ltd. | 664643 | $5610955 |
|  | Canara Bank | 7096084 | 8159145 |
|  | Cantabil Retail India Ltd. | 37478 | 103817 |
|  \* | Capacit'e Infraprojects Ltd. | 382726 | 1603788 |
|  | Caplin Point Laboratories Ltd. | 192876 | 4249443 |
|  | Carborundum Universal Ltd. | 526172 | 6343260 |
|  | Care Ratings Ltd. | 149702 | 2154020 |
|  \* | Cartrade Tech Ltd. | 59830 | 1211171 |
|  | Carysil Ltd. | 31546 | 227237 |
|  | Castrol India Ltd. | 2450623 | 5710125 |
|  | CCL Products India Ltd. | 633760 | 4388086 |
|  | CE Info Systems Ltd. | 42977 | 903709 |
|  | Ceat Ltd. | 229896 | 8940357 |
|  | Cello World Ltd. | 1880 | 12182 |
|  | Central Depository Services India Ltd. | 589988 | 9196460 |
|  | Centum Electronics Ltd. | 2709 | 53853 |
|  | Century Enka Ltd. | 64838 | 393670 |
|  | Century Plyboards India Ltd. | 459764 | 3798358 |
|  | Cera Sanitaryware Ltd. | 34780 | 2196186 |
|  | CESC Ltd. | 3525344 | 6567293 |
|  | CG Power & Industrial Solutions Ltd. | 3118445 | 23022658 |
|  \* | Chalet Hotels Ltd. | 105452 | 979285 |
|  | Chambal Fertilisers & Chemicals Ltd. | 1785652 | 14581296 |
|  \* | Chemplast Sanmar Ltd. | 40456 | 194273 |
|  | Chennai Petroleum Corp. Ltd. | 239306 | 1708189 |
|  \* | Choice International Ltd. | 88844 | 641490 |
|  | Cholamandalam Financial Holdings Ltd. | 706420 | 15571620 |
|  | Cholamandalam Investment & Finance Co. Ltd. | 1364643 | 24102948 |
|  | CIE Automotive India Ltd. | 975621 | 4639572 |
|  \* | Cigniti Technologies Ltd. | 4779 | 75932 |
|  | Cipla Ltd. | 1602457 | 29404334 |
|  | City Union Bank Ltd. | 2844817 | 5920660 |
|  | Clean Science & Technology Ltd. | 37334 | 518431 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | CMS Info Systems Ltd. | 537267 | $2777882 |
|  | Coal India Ltd. | 2682867 | 12185823 |
|  W | Cochin Shipyard Ltd. | 527212 | 9906180 |
|  \*W | Coffee Day Enterprises Ltd. | 268650 | 101146 |
|  | Coforge Ltd. | 195468 | 16972864 |
|  | Colgate-Palmolive India Ltd. | 407402 | 12435663 |
|  | Computer Age Management Services Ltd. | 266118 | 12217150 |
|  | Confidence Petroleum India Ltd. | 681379 | 415662 |
|  | Container Corp. of India Ltd. | 857465 | 6817177 |
|  | Control Print Ltd. | 6646 | 49084 |
|  | Coromandel International Ltd. | 1008567 | 26425394 |
|  | Cosmo First Ltd. | 109105 | 758905 |
|  | CreditAccess Grameen Ltd. | 332782 | 4251074 |
|  | CRISIL Ltd. | 103435 | 5451933 |
|  | Crompton Greaves Consumer Electricals Ltd. | 3564601 | 14217812 |
|  \* | CSB Bank Ltd. | 334927 | 1403597 |
|  | Cummins India Ltd. | 247524 | 8456405 |
|  \* | Cupid Ltd. | 89438 | 81468 |
|  | Cyient Ltd. | 439847 | 6156935 |
|  \*W | D.P. Abhushan Ltd. | 13880 | 232674 |
|  | Dabur India Ltd. | 1095212 | 6302096 |
|  | Dalmia Bharat Ltd. | 394033 | 9022015 |
|  | Dalmia Bharat Sugar & Industries Ltd. | 115095 | 509264 |
|  | Datamatics Global Services Ltd. | 49604 | 346395 |
|  | DB Corp. Ltd. | 370945 | 1068660 |
|  | DCB Bank Ltd. | 1729110 | 2746520 |
|  | DCM Shriram Industries Ltd. | 114946 | 243560 |
|  | DCM Shriram Ltd. | 373597 | 4406817 |
|  \* | DCW Ltd. | 1164195 | 1087060 |
|  | Deep Industries Ltd. | 32091 | 167396 |
|  | Deepak Fertilisers & Petrochemicals Corp. Ltd. | 591136 | 8932724 |
|  | Deepak Nitrite Ltd. | 358893 | 8211462 |
|  \* | Delhivery Ltd. | 910555 | 3289106 |
|  | Delta Corp. Ltd. | 573884 | 627822 |
|  \* | DEN Networks Ltd. | 376689 | 144986 |
|  \* | Devyani International Ltd. | 293874 | 622209 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  \* | Dhampur Sugar Mills Ltd. | 256451 | $384880 |
|  \* | Dhani Services Ltd. | 1353433 | 920590 |
|  \* | Dhanlaxmi Bank Ltd. | 266866 | 88978 |
|  | Dhanuka Agritech Ltd. | 112124 | 1724468 |
|  | Digitide Solutions Ltd. | 375375 | 711439 |
|  W | Dilip Buildcon Ltd. | 303803 | 1520962 |
|  \* | Dish TV India Ltd. | 6345026 | 361798 |
|  \* | Dishman Carbogen Amcis Ltd. | 516045 | 1174115 |
|  | Divi's Laboratories Ltd. | 174475 | 12531151 |
|  | Dixon Technologies India Ltd. | 179577 | 34897027 |
|  | DLF Ltd. | 934731 | 7410996 |
|  | D-Link India Ltd. | 28590 | 145478 |
|  | Dodla Dairy Ltd. | 7549 | 93253 |
|  | Dollar Industries Ltd. | 85213 | 385622 |
|  W | Dr. Lal PathLabs Ltd. | 220217 | 7177085 |
|  | Dr. Reddy's Laboratories Ltd., ADR | 1360890 | 18943589 |
|  | Dr. Reddy's Laboratories Ltd. (DRRD IN) | 1005650 | 14064000 |
|  | Dreamfolks Services Ltd. | 5180 | 14457 |
|  \* | Dredging Corp. of India Ltd. | 3704 | 25399 |
|  \* | Dwarikesh Sugar Industries Ltd. | 1017148 | 480611 |
|  | Dynacons Systems & Solutions Ltd. | 951 | 11889 |
|  | Dynamatic Technologies Ltd. | 15680 | 1164970 |
|  \*W | E2E Networks Ltd. | 2659 | 74357 |
|  | eClerx Services Ltd. | 198014 | 5839753 |
|  | Edelweiss Financial Services Ltd. | 2949765 | 2762291 |
|  | Eicher Motors Ltd. | 332378 | 21913123 |
|  \* | EID Parry India Ltd. | 845475 | 8159940 |
|  | EIH Associated Hotels | 70611 | 293337 |
|  | EIH Ltd. | 1079962 | 4728621 |
|  | Eimco Elecon India Ltd. | 1193 | 24723 |
|  | Elecon Engineering Co. Ltd. | 170411 | 1095474 |
|  | Electrosteel Castings Ltd. | 2218725 | 2544772 |
|  | Elgi Equipments Ltd. | 814307 | 4279394 |
|  | Emami Ltd. | 1144908 | 8387983 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  \* | Embassy Developments Ltd.. | 2826497 | $3267201 |
|  | eMudhra Ltd. | 39754 | 358900 |
|  W | Endurance Technologies Ltd. | 145643 | 3232477 |
|  | Engineers India Ltd. | 1864511 | 3920659 |
|  | Epigral Ltd. | 102916 | 2111673 |
|  | EPL Ltd. | 895722 | 2007741 |
|  W | Equitas Small Finance Bank Ltd. | 1287647 | 1015698 |
|  W | Eris Lifesciences Ltd. | 192217 | 3278371 |
|  | ESAB India Ltd. | 18250 | 993441 |
|  | Escorts Kubota Ltd. | 214375 | 8221288 |
|  \* | Eternal Ltd. | 4870284 | 13267402 |
|  \* | Eureka Forbes Ltd. | 7292 | 42454 |
|  | Eveready Industries India Ltd. | 15249 | 58554 |
|  | Everest Industries Ltd. | 30444 | 178624 |
|  | Everest Kanto Cylinder Ltd. | 74547 | 105415 |
|  | Excel Industries Ltd. | 25840 | 324359 |
|  | Exide Industries Ltd. | 2617469 | 10767992 |
|  | Fairchem Organics Ltd. | 1341 | 13203 |
|  | FDC Ltd. | 399922 | 1992304 |
|  | Federal Bank Ltd. | 13607574 | 31593361 |
|  \* | Federal-Mogul Goetze India Ltd. | 51288 | 200443 |
|  | FIEM Industries Ltd. | 73431 | 1244810 |
|  | Filatex India Ltd. | 1167971 | 582974 |
|  | Fine Organic Industries Ltd. | 37336 | 1820518 |
|  | Fineotex Chemical Ltd. | 62594 | 175890 |
|  \* | Fino Payments Bank Ltd. | 46612 | 135046 |
|  | Finolex Cables Ltd. | 549480 | 5626487 |
|  | Finolex Industries Ltd. | 2111313 | 4343778 |
|  | Firstsource Solutions Ltd. | 2389885 | 9521211 |
|  | Force Motors Ltd. | 37959 | 4005092 |
|  | Fortis Healthcare Ltd. | 2435989 | 19598416 |
|  \* | FSN E-Commerce Ventures Ltd. | 1497727 | 3429967 |
|  \* | Fusion Finance Ltd. | 231005 | 379691 |
|  | G R Infraprojects Ltd. | 6023 | 73808 |
|  | Gabriel India Ltd. | 641693 | 4093248 |
|  | GAIL India Ltd. (GAIL IN) | 6902596 | 15345333 |
|  | Galaxy Surfactants Ltd. | 52366 | 1289042 |
|  \* | Ganesh Benzoplast Ltd. | 27255 | 39540 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Ganesh Housing Corp. Ltd. | 71684 | $921238 |
|  | Ganesha Ecosphere Ltd. | 20272 | 347212 |
|  | Garware Hi-Tech Films Ltd. | 19814 | 743668 |
|  | Garware Technical Fibres Ltd. | 300700 | 3046544 |
|  | Gateway Distriparks Ltd. | 2147220 | 1516247 |
|  | GE Vernova T&D India Ltd. | 194094 | 3556085 |
|  | Genus Power Infrastructures Ltd.. | 255737 | 859701 |
|  | Geojit Financial Services Ltd. | 583700 | 513899 |
|  | GHCL Ltd. | 749719 | 5138384 |
|  | GHCL Textiles Ltd. | 761649 | 711674 |
|  | GIC Housing Finance Ltd. | 258928 | 536691 |
|  | Gillette India Ltd. | 38612 | 3669243 |
|  W | Gland Pharma Ltd. | 59972 | 993594 |
|  | GlaxoSmithKline Pharmaceuticals Ltd. | 164150 | 5698912 |
|  | Glenmark Pharmaceuticals Ltd. | 1243294 | 20252388 |
|  \* | Global Health Ltd. | 146464 | 2078900 |
|  | Globus Spirits Ltd. | 9420 | 114421 |
|  | GMM Pfaudler Ltd. | 51202 | 620421 |
|  \* | GMR Airports Ltd. | 6429437 | 6606045 |
|  | GNA Axles Ltd. | 24515 | 91338 |
|  \* | Go Fashion India Ltd. | 23448 | 220175 |
|  | Godawari Power & Ispat Ltd. | 1710969 | 3642350 |
|  | Godfrey Phillips India Ltd. | 135503 | 13044470 |
|  W | Godrej Agrovet Ltd. | 162411 | 1464282 |
|  | Godrej Consumer Products Ltd. | 909875 | 13607863 |
|  \* | Godrej Industries Ltd. | 368824 | 4721750 |
|  \* | Godrej Properties Ltd. | 210900 | 5332767 |
|  \* | Gokaldas Exports Ltd. | 95489 | 959021 |
|  \* | Gokul Agro Resources Ltd. | 19506 | 53422 |
|  | Goldiam International Ltd. | 137871 | 591526 |
|  | Goodluck India Ltd. | 28301 | 240423 |
|  | Goodyear India Ltd. | 40421 | 430327 |
|  | Granules India Ltd. | 1304287 | 6985236 |
|  | Graphite India Ltd. | 528952 | 2848888 |
|  | Grasim Industries Ltd. | 725875 | 23422611 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Grauer & Weil India Ltd. | 718096 | $716553 |
|  | Gravita India Ltd. | 131279 | 2717296 |
|  | Great Eastern Shipping Co. Ltd. | 917387 | 9450670 |
|  | Greaves Cotton Ltd. | 529219 | 1228292 |
|  | Greenlam Industries Ltd. | 224810 | 548206 |
|  | Greenpanel Industries Ltd. | 388344 | 1082392 |
|  | Greenply Industries Ltd. | 415354 | 1424011 |
|  | Grindwell Norton Ltd. | 172602 | 3431726 |
|  | Gufic Biosciences Ltd. | 16194 | 69859 |
|  | Gujarat Alkalies & Chemicals Ltd. | 208731 | 1497073 |
|  | Gujarat Ambuja Exports Ltd. | 1116574 | 1555490 |
|  | Gujarat Fluorochemicals Ltd. | 209001 | 9490454 |
|  | Gujarat Gas Ltd. | 574265 | 3027965 |
|  | Gujarat Industries Power Co. Ltd. | 184821 | 396740 |
|  | Gujarat Mineral Development Corp. Ltd. | 717644 | 2568034 |
|  | Gujarat Narmada Valley Fertilizers & Chemicals Ltd. | 635516 | 3658403 |
|  | Gujarat Pipavav Port Ltd. | 2077351 | 3288718 |
|  | Gujarat State Fertilizers & Chemicals Ltd. | 1530933 | 3365879 |
|  | Gujarat State Petronet Ltd. | 2596296 | 9816926 |
|  | Gulf Oil Lubricants India Ltd. | 128240 | 1804447 |
|  | Happiest Minds Technologies Ltd. | 242904 | 1638026 |
|  | Hariom Pipe Industries Ltd. | 8408 | 36565 |
|  W | Harsha Engineers Ltd. | 22666 | 101553 |
|  \* | Hathway Cable & Datacom Ltd. | 981417 | 156190 |
|  | Hatsun Agro Product Ltd. | 179577 | 1934890 |
|  | Havells India Ltd. | 588700 | 11147527 |
|  | HBL Engineering Ltd. | 655559 | 3728233 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | HCL Technologies Ltd. | 2961027 | $54535455 |
|  W | HDFC Asset Management Co. Ltd. | 299372 | 15498657 |
|  | HDFC Bank Ltd. | 6818986 | 154491825 |
|  W | HDFC Life Insurance Co. Ltd. | 516609 | 4549905 |
|  \* | HealthCare Global Enterprises Ltd. | 132159 | 887921 |
|  | HEG Ltd. | 444795 | 2443594 |
|  | HeidelbergCement India Ltd. | 586254 | 1323421 |
|  | Heritage Foods Ltd. | 316421 | 1465393 |
|  | Hero MotoCorp Ltd. (HMCL IN) | 544537 | 24727200 |
|  | Hester Biosciences Ltd. | 13439 | 281939 |
|  \* | Heubach Colorants India Ltd. | 42553 | 295316 |
|  | HFCL Ltd. | 5836041 | 5449330 |
|  | HG Infra Engineering Ltd. | 146513 | 1863297 |
|  | Hikal Ltd. | 348125 | 1595026 |
|  | Himadri Speciality Chemical Ltd. | 1529176 | 7883446 |
|  | Himatsingka Seide Ltd. | 138916 | 229973 |
|  | Hindalco Industries Ltd. | 4095312 | 30069603 |
|  | Hinduja Global Solutions Ltd. | 116383 | 673851 |
|  | Hindustan Aeronautics Ltd. | 594703 | 31480693 |
|  \* | Hindustan Construction Co. Ltd. | 2714233 | 825791 |
|  | Hindustan Copper Ltd. | 1665808 | 4191178 |
|  \* | Hindustan Foods Ltd. | 25750 | 162643 |
|  \* | Hindustan Oil Exploration Co. Ltd. | 293777 | 636480 |
|  | Hindustan Petroleum Corp. Ltd. | 2697155 | 12000712 |
|  | Hindustan Unilever Ltd. | 882961 | 24444515 |
|  | Hindware Home Innovation Ltd. | 70149 | 163736 |
|  | Hitachi Energy India Ltd. | 41519 | 7068494 |
|  | HI-Tech Pipes Ltd. | 99817 | 106991 |
|  | Hle Glascoat Ltd. | 26127 | 84255 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  \* | HLV Ltd. | 188478 | $27817 |
|  W | Home First Finance Co. India Ltd. | 138997 | 2044633 |
|  | Honda India Power Products Ltd. | 19873 | 480402 |
|  | HPL Electric & Power Ltd. | 28744 | 137348 |
|  | Huhtamaki India Ltd. | 117616 | 265902 |
|  | I G Petrochemicals Ltd. | 39119 | 188391 |
|  | ICICI Bank Ltd. (IBN US), Sponsored ADR | 4267697 | 143223911 |
|  | ICICI Bank Ltd. (ICICIBC IN) | 3903946 | 65498335 |
|  W | ICICI Lombard General Insurance Co. Ltd. | 349729 | 7764463 |
|  W | ICICI Prudential Life Insurance Co. Ltd. | 391016 | 2833793 |
|  | ICRA Ltd. | 7584 | 498913 |
|  \* | IDFC First Bank Ltd. | 29171417 | 22455488 |
|  \* | IFB Industries Ltd. | 44055 | 673873 |
|  \* | IFCI Ltd. | 2099666 | 1052464 |
|  | Igarashi Motors India Ltd. | 14232 | 76054 |
|  | IIFL Capital Services Ltd. | 1320827 | 3449641 |
|  \* | IIFL Finance Ltd. | 1500891 | 6355038 |
|  \* | Imagicaaworld Entertainment Ltd. | 262195 | 196787 |
|  \* | India Cements Ltd. | 528400 | 1926511 |
|  | India Glycols Ltd. | 115132 | 1891751 |
|  | India Nippon Electricals Ltd. | 9735 | 68572 |
|  | India Power Corp. Ltd. | 284965 | 42816 |
|  W | IndiaMart InterMesh Ltd. | 12770 | 346625 |
|  | Indian Bank | 1296674 | 8620487 |
|  W | Indian Energy Exchange Ltd. | 2562507 | 5786291 |
|  | Indian Hotels Co. Ltd. | 1681431 | 15631079 |
|  | Indian Hume Pipe Co. Ltd. | 2886 | 13000 |
|  | Indian Metals & Ferro Alloys Ltd. | 54962 | 384093 |
|  | Indian Oil Corp. Ltd. | 5164850 | 8383366 |
|  | Indian Railway Catering & Tourism Corp. Ltd. | 621102 | 5505659 |
|  W | Indian Railway Finance Corp. Ltd. | 2687487 | 3939837 |
|  | Indigo Paints Ltd. | 9806 | 113159 |

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**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Indo Count Industries Ltd. | 592296 | $2112787 |
|  \* | Indo Tech Transformers Ltd. | 1240 | 33370 |
|  | Indoco Remedies Ltd. | 239686 | 653507 |
|  \*W | IndoStar Capital Finance Ltd. | 13205 | 46721 |
|  | Indraprastha Gas Ltd. | 2087522 | 4731666 |
|  | Indraprastha Medical Corp. Ltd. | 43997 | 206453 |
|  \* | Indus Towers Ltd. | 5451697 | 26163028 |
|  | IndusInd Bank Ltd. | 1062000 | 10479440 |
|  | Infibeam Avenues Ltd. | 7267254 | 1468979 |
|  | Info Edge India Ltd. | 145494 | 12157556 |
|  | Infosys Ltd. (INFO IN) | 7955267 | 139826436 |
|  | Infosys Ltd. (INFY US), Sponsored ADR | 2423448 | 42652685 |
|  | Ingersoll Rand India Ltd. | 41855 | 1852338 |
|  \* | Inox Wind Energy Ltd. | 1868 | 215645 |
|  \* | Inox Wind Ltd. | 1662292 | 3301715 |
|  | Insecticides India Ltd. | 64008 | 522343 |
|  | Intellect Design Arena Ltd. | 512848 | 4765276 |
|  \*W | InterGlobe Aviation Ltd. | 322630 | 20044139 |
|  | IOL Chemicals & Pharmaceuticals Ltd. | 786700 | 596992 |
|  | ION Exchange India Ltd. | 131494 | 777797 |
|  | Ipca Laboratories Ltd. | 849260 | 13919580 |
|  | IRB Infrastructure Developers Ltd. | 5383459 | 2896179 |
|  W | IRCON International Ltd. | 1879788 | 3378770 |
|  | ISGEC Heavy Engineering Ltd. | 90979 | 1207585 |
|  \* | ITC Hotels Ltd. | 945421 | 2173879 |
|  | ITC Ltd. | 9454218 | 47512529 |
|  | J Kumar Infraprojects Ltd. | 282052 | 2202013 |
|  | Jagran Prakashan Ltd. | 535011 | 458413 |
|  \* | Jai Balaji Industries Ltd. | 94790 | 131401 |
|  | Jai Corp. Ltd. | 369274 | 387939 |
|  \* | Jain Irrigation Systems Ltd. | 677018 | 422583 |
|  \* | Jaiprakash Power Ventures Ltd. | 13550170 | 2330130 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Jammu & Kashmir Bank Ltd. | 2790929 | $3127293 |
|  | Jamna Auto Industries Ltd. | 1633971 | 1547259 |
|  | Jash Engineering Ltd. | 37521 | 249138 |
|  | JB Chemicals & Pharmaceuticals Ltd. | 532008 | 10150068 |
|  | JBM Auto Ltd. | 289208 | 2211160 |
|  | Jindal Drilling & Industries Ltd. | 2036 | 15576 |
|  | Jindal Poly Films Ltd. | 173458 | 1297199 |
|  | Jindal Saw Ltd. | 3033542 | 8889860 |
|  | Jindal Stainless Ltd. | 3443762 | 23653139 |
|  | Jindal Steel & Power Ltd. | 2233951 | 23650937 |
|  | Jindal Worldwide Ltd. | 155300 | 121898 |
|  \* | Jio Financial Services Ltd. | 5022249 | 15431465 |
|  \* | JITF Infralogistics Ltd. | 31327 | 150649 |
|  | JK Cement Ltd. | 203312 | 12280879 |
|  | JK Lakshmi Cement Ltd. | 427707 | 3888490 |
|  | JK Paper Ltd. | 969788 | 3598061 |
|  | JK Tyre & Industries Ltd. | 1159437 | 4250349 |
|  | JM Financial Ltd. | 2849235 | 3385866 |
|  | JSW Energy Ltd. | 1914046 | 10838527 |
|  | JSW Steel Ltd. | 3063437 | 37255780 |
|  | JTEKT India Ltd. | 398076 | 668547 |
|  | Jubilant Foodworks Ltd. | 2172629 | 18335456 |
|  | Jubilant Ingrevia Ltd. | 841350 | 6444751 |
|  | Jubilant Pharmova Ltd. | 678091 | 7094364 |
|  | Jupiter Wagons Ltd. | 302639 | 1256523 |
|  \* | Just Dial Ltd. | 85455 | 938047 |
|  | Jyothy Labs Ltd. | 948390 | 4174025 |
|  \* | Jyoti Structures Ltd. | 4646208 | 1000502 |
|  | Kajaria Ceramics Ltd. | 642455 | 6087775 |
|  | Kalpataru Projects International Ltd. | 756761 | 8653203 |
|  | Kalyan Jewellers India Ltd. | 617706 | 3754812 |
|  | Kalyani Steels Ltd. | 203343 | 1672967 |
|  | Kansai Nerolac Paints Ltd. | 906862 | 2750151 |
|  | Karnataka Bank Ltd. | 1691799 | 3925277 |
|  | Karur Vysya Bank Ltd. | 3740712 | 9640799 |
|  | Kaveri Seed Co. Ltd. | 209217 | 3537884 |
|  \* | Kaynes Technology India Ltd. | 13385 | 909186 |
|  | KCP Ltd. | 563447 | 1325316 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | KDDL Ltd. | 10044 | $307520 |
|  | KEC International Ltd. | 890909 | 7371394 |
|  | KEI Industries Ltd. | 407777 | 14699855 |
|  \* | Kellton Tech Solutions Ltd. | 273385 | 344941 |
|  | Kennametal India Ltd. | 21504 | 525600 |
|  \* | Kesoram Industries Ltd. | 145969 | 6715 |
|  \* | Kewal Kiran Clothing Ltd. | 56202 | 296854 |
|  \* | Kiri Industries Ltd. | 72912 | 506488 |
|  | Kirloskar Brothers Ltd. | 113311 | 2292352 |
|  \* | Kirloskar Electric Co. Ltd. | 106029 | 158721 |
|  | Kirloskar Ferrous Industries Ltd. | 305181 | 1660424 |
|  | Kirloskar Industries Ltd. | 1668 | 58960 |
|  | Kirloskar Oil Engines Ltd. | 584760 | 5154870 |
|  | Kirloskar Pneumatic Co. Ltd. | 39995 | 532087 |
|  | Kitex Garments Ltd. | 723753 | 2067681 |
|  | KNR Constructions Ltd. | 1321586 | 3404797 |
|  | Kolte-Patil Developers Ltd. | 185064 | 739224 |
|  | Kopran Ltd. | 39087 | 89627 |
|  | Kotak Mahindra Bank Ltd. | 1114672 | 29052374 |
|  | Kovai Medical Center & Hospital Ltd. | 2860 | 188777 |
|  W | KPI Green Energy Ltd. | 181367 | 816631 |
|  | KPIT Technologies Ltd. | 1119449 | 16505278 |
|  | KPR Mill Ltd. | 579614 | 6856990 |
|  | KRBL Ltd. | 510189 | 1881678 |
|  \*W | Krishna Institute of Medical Sciences Ltd. | 301301 | 2332390 |
|  | Krsnaa Diagnostics Ltd. | 52024 | 450665 |
|  | KSB Ltd. | 286720 | 2463609 |
|  | Ksolves India Ltd. | 18020 | 91717 |
|  | L&T Finance Ltd. | 3982167 | 7738376 |
|  W | L&T Technology Services Ltd. | 60291 | 3038407 |
|  | LA Opala RG Ltd. | 209549 | 565661 |
|  | Larsen & Toubro Ltd. | 1398968 | 55192483 |
|  W | Laurus Labs Ltd. | 2191585 | 15621676 |
|  | Laxmi Organic Industries Ltd. | 198935 | 409835 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  \*W | Lemon Tree Hotels Ltd. | 1629782 | $2619547 |
|  | LG Balakrishnan & Bros Ltd. | 189085 | 2652398 |
|  | LIC Housing Finance Ltd. | 2379135 | 16894985 |
|  | Lincoln Pharmaceuticals Ltd. | 8766 | 58666 |
|  | Linde India Ltd. | 54791 | 4103987 |
|  | Lloyds Engineering Works Ltd. | 1779764 | 1146077 |
|  | Lloyds Metals & Energy Ltd. | 33220 | 475429 |
|  | LMW Ltd. | 18002 | 3450422 |
|  | LT Foods Ltd. | 2083868 | 8518460 |
|  W | LTIMindtree Ltd. | 286925 | 15520714 |
|  | Lumax Auto Technologies Ltd. | 227125 | 1396384 |
|  | Lumax Industries Ltd. | 15101 | 420562 |
|  | Lupin Ltd. | 830759 | 20622075 |
|  | LUX Industries Ltd. | 41689 | 675762 |
|  | Mahanagar Gas Ltd. | 223084 | 3535167 |
|  | Maharashtra Scooters Ltd. | 6826 | 922690 |
|  | Maharashtra Seamless Ltd. | 413482 | 3194988 |
|  | Mahindra & Mahindra Financial Services Ltd. | 3120237 | 9657908 |
|  | Mahindra & Mahindra Ltd. | 2950732 | 101909947 |
|  \* | Mahindra Holidays & Resorts India Ltd. | 566670 | 2071510 |
|  | Mahindra Lifespace Developers Ltd. | 470308 | 1905925 |
|  W | Mahindra Logistics Ltd. | 34744 | 124582 |
|  | Maithan Alloys Ltd. | 60012 | 657988 |
|  \* | Man Industries India Ltd. | 66540 | 215260 |
|  | Man Infraconstruction Ltd. | 790034 | 1426896 |
|  | Manappuram Finance Ltd. | 5455313 | 14865699 |
|  | Mangalam Cement Ltd. | 71090 | 645335 |
|  | Mangalore Refinery & Petrochemicals Ltd. | 896438 | 1421130 |
|  | Manorama Industries Ltd. | 15344 | 230655 |
|  | Marico Ltd. | 1984233 | 16648127 |
|  W | Marine Electricals India Ltd. | 29280 | 65101 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Marksans Pharma Ltd. | 1890046 | $4877040 |
|  | Maruti Suzuki India Ltd. | 149041 | 21535293 |
|  W | MAS Financial Services Ltd. | 313833 | 990343 |
|  | Mastek Ltd. | 105194 | 2611706 |
|  W | Matrimony.com Ltd. | 24735 | 146681 |
|  \* | Max Estates Ltd. | 137235 | 663672 |
|  | Max Healthcare Institute Ltd. | 919893 | 11928408 |
|  \* | Max India Ltd. | 4813 | 10806 |
|  | Mayur Uniquoters Ltd. | 149056 | 811857 |
|  | Mazagon Dock Shipbuilders Ltd. | 59167 | 2136310 |
|  W | Medi Assist Healthcare Services Ltd. | 15580 | 82749 |
|  \* | Medplus Health Services Ltd. | 42710 | 397966 |
|  \* | Meghmani Organics Ltd. | 925525 | 744116 |
|  \*W | Metropolis Healthcare Ltd. | 161112 | 3244624 |
|  | Minda Corp. Ltd. | 597317 | 3442461 |
|  W | Mishra Dhatu Nigam Ltd. | 389288 | 1411544 |
|  | MM Forgings Ltd. | 152640 | 614479 |
|  | MOIL Ltd. | 667739 | 2492099 |
|  | Monte Carlo Fashions Ltd. | 76204 | 514903 |
|  \* | Morepen Laboratories Ltd. | 2399070 | 1701539 |
|  | Motherson Sumi Wiring India Ltd. | 10784048 | 7101985 |
|  | Motilal Oswal Financial Services Ltd. | 1322324 | 10201077 |
|  | Mphasis Ltd. | 411901 | 11965544 |
|  | MPS Ltd. | 7694 | 205837 |
|  | MRF Ltd. | 8371 | 13291414 |
|  | Mrs Bectors Food Specialities Ltd. | 131792 | 2311256 |
|  | MSTC Ltd. | 118793 | 718991 |
|  | Mukand Ltd. | 5374 | 6367 |
|  | Muthoot Finance Ltd. | 852138 | 21852275 |
|  \* | Nalwa Sons Investments Ltd. | 2149 | 175674 |
|  | Narayana Hrudayalaya Ltd. | 356304 | 7347246 |
|  | Natco Pharma Ltd. | 682541 | 6864474 |
|  | National Aluminium Co. Ltd. | 4378481 | 8092867 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | National Fertilizers Ltd. | 433676 | $431172 |
|  | Nava Ltd. | 1093954 | 5889486 |
|  | Navin Fluorine International Ltd. | 27490 | 1468247 |
|  \*W | Navkar Corp. Ltd. | 43239 | 51271 |
|  | Navneet Education Ltd. | 655877 | 1105421 |
|  | NBCC India Ltd. | 5014186 | 5624214 |
|  | NCC Ltd. | 3428670 | 8572923 |
|  | NCL Industries Ltd. | 125047 | 310970 |
|  | NELCO Ltd. | 66242 | 644050 |
|  | Neogen Chemicals Ltd. | 45895 | 832981 |
|  | NESCO Ltd. | 154142 | 1715391 |
|  | Nestle India Ltd. | 866224 | 24399333 |
|  | Neuland Laboratories Ltd. | 39736 | 5621883 |
|  | Newgen Software Technologies Ltd. | 209083 | 2440093 |
|  | NHPC Ltd. | 7890262 | 7965333 |
|  | NIIT Learning Systems Ltd. | 686915 | 3027648 |
|  | NIIT Ltd. | 686915 | 1048271 |
|  | Nilkamal Ltd. | 48172 | 913783 |
|  W | Nippon Life India Asset Management Ltd. | 608068 | 4551160 |
|  | Nitin Spinners Ltd. | 66098 | 274232 |
|  | NLC India Ltd. | 868685 | 2336830 |
|  | NMDC Ltd. | 16721442 | 12798411 |
|  \* | NMDC Steel Ltd. | 2720359 | 1131970 |
|  | NOCIL Ltd. | 807158 | 1675478 |
|  | Novartis India Ltd. | 19447 | 176514 |
|  | NRB Bearings Ltd. | 430506 | 1106001 |
|  | NTPC Ltd. | 6681533 | 27925127 |
|  | Nucleus Software Exports Ltd. | 64818 | 665004 |
|  | Nuvama Wealth Management Ltd. | 35286 | 2560930 |
|  \* | Nuvoco Vistas Corp. Ltd. | 8006 | 30228 |
|  | Oberoi Realty Ltd. | 454000 | 8791878 |
|  \* | Odigma Consultancy Solutions Ltd. | 7918 | 3413 |
|  | Oil & Natural Gas Corp. Ltd. | 4296092 | 12378708 |
|  | Oil India Ltd. | 1845951 | 8941309 |
|  | One 97 Communications Ltd. | 432601 | 4381346 |
|  \* | Onesource Specialty Pharma Ltd. | 210997 | 4036423 |
|  \* | OnMobile Global Ltd. | 3082 | 1754 |

---

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  \* | Optiemus Infracom Ltd. | 10418 | $63861 |
|  | Oracle Financial Services Software Ltd. | 116408 | 11986105 |
|  \* | Orchid Pharma Ltd. | 12326 | 117208 |
|  | Orient Cement Ltd. | 1070141 | 4414007 |
|  | Orient Electric Ltd. | 481737 | 1323538 |
|  \* | Orient Green Power Co. Ltd. | 1029549 | 149634 |
|  | Orient Paper & Industries Ltd. | 747183 | 209832 |
|  | Oriental Aromatics Ltd. | 3 | 12 |
|  | Oriental Hotels Ltd. | 201562 | 338555 |
|  | Page Industries Ltd. | 25234 | 13501524 |
|  | Paisalo Digital Ltd. | 3492813 | 1329859 |
|  \* | Pakka Ltd. | 77965 | 157677 |
|  \* | Panacea Biotec Ltd. | 10283 | 66800 |
|  | Panama Petrochem Ltd. | 217304 | 940986 |
|  W | Parag Milk Foods Ltd., Class F | 234425 | 499065 |
|  | Patanjali Foods Ltd. | 69528 | 1562710 |
|  \* | Patel Engineering Ltd. | 2594870 | 1314024 |
|  \* | PB Fintech Ltd. | 94861 | 1824267 |
|  \* | PC Jeweller Ltd. | 9587432 | 1387619 |
|  | PCBL Chemical Ltd. | 1853318 | 7843094 |
|  | PDS Ltd. | 60562 | 268014 |
|  | Pearl Global Industries Ltd. | 28224 | 322226 |
|  \* | Peninsula Land Ltd. | 303610 | 101609 |
|  \* | Pennar Industries Ltd. | 422532 | 916080 |
|  | Persistent Systems Ltd. | 470617 | 29437260 |
|  | Petronet LNG Ltd. | 4850771 | 17983211 |
|  | Pfizer Ltd. | 34789 | 1769039 |
|  | PG Electroplast Ltd. | 324288 | 3254753 |
|  | Phoenix Mills Ltd. | 607757 | 11802464 |
|  | PI Industries Ltd. | 247133 | 10604013 |
|  | Pidilite Industries Ltd. | 339280 | 12181453 |
|  | Piramal Enterprises Ltd. | 704559 | 8030876 |
|  | Piramal Pharma Ltd. | 2680967 | 6698620 |
|  | Pitti Engineering Ltd. | 31320 | 351595 |
|  | PIX Transmissions Ltd. | 12582 | 215721 |
|  | PNB Gilts Ltd. | 13485 | 15622 |
|  \*W | PNB Housing Finance Ltd. | 615773 | 7383745 |
|  | PNC Infratech Ltd. | 1059323 | 3323247 |
|  | Pokarna Ltd. | 58549 | 625306 |
|  | Poly Medicure Ltd. | 131049 | 4000631 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Polycab India Ltd. | 98789 | $6419606 |
|  | Polyplex Corp. Ltd. | 130652 | 1885117 |
|  \* | Poonawalla Fincorp Ltd. | 1435926 | 6386688 |
|  | Power Finance Corp. Ltd. | 7462064 | 35977121 |
|  | Power Grid Corp. of India Ltd. | 7953436 | 28674984 |
|  | Power Mech Projects Ltd. | 92390 | 2885437 |
|  | Praj Industries Ltd. | 826462 | 4519101 |
|  | Prakash Industries Ltd. | 743434 | 1510975 |
|  | Prakash Pipes Ltd. | 38526 | 187611 |
|  W | Prataap Snacks Ltd. | 29761 | 426450 |
|  | Precision Wires India Ltd. | 151786 | 239288 |
|  | Prestige Estates Projects Ltd. | 908125 | 14679820 |
|  \* | Pricol Ltd. | 740399 | 3839170 |
|  \* | Prime Focus Ltd. | 102555 | 137667 |
|  | Prince Pipes & Fittings Ltd. | 269023 | 803085 |
|  \* | Prism Johnson Ltd. | 896058 | 1307366 |
|  | Privi Speciality Chemicals Ltd. | 26426 | 620481 |
|  | Procter & Gamble Health Ltd. | 48600 | 2908996 |
|  | Procter & Gamble Hygiene & Health Care Ltd. | 29406 | 4964443 |
|  \* | PSP Projects Ltd. | 118511 | 889503 |
|  \* | PTC India Financial Services Ltd. | 671559 | 253423 |
|  | PTC India Ltd. | 1958139 | 4090363 |
|  | Punjab National Bank | 4078187 | 4820593 |
|  \* | Puravankara Ltd. | 130409 | 356219 |
|  \* | PVR Inox Ltd. | 48863 | 541733 |
|  W | Quess Corp. Ltd. | 375375 | 1458800 |
|  | R Systems International Ltd. | 19925 | 73849 |
|  | Radico Khaitan Ltd. | 150792 | 4353062 |
|  | Raghav Productivity Enhancers Ltd. | 3144 | 22887 |
|  | Rain Industries Ltd. | 1456031 | 2422720 |
|  \* | Rajesh Exports Ltd. | 452343 | 967164 |
|  | Rajratan Global Wire Ltd. | 2638 | 12947 |
|  | Rallis India Ltd. | 645725 | 1809692 |
|  | Ram Ratna Wires Ltd. | 3339 | 20239 |
|  | Ramco Cements Ltd. | 631409 | 7038536 |
|  | Ramco Industries Ltd. | 193779 | 526549 |
|  \* | Ramco Systems Ltd. | 13672 | 60436 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Ramkrishna Forgings Ltd. | 507948 | $3572876 |
|  \* | Ramky Infrastructure Ltd. | 47282 | 260940 |
|  | Rane Holdings Ltd. | 25714 | 389869 |
|  | Rashtriya Chemicals & Fertilizers Ltd. | 1821196 | 2934196 |
|  \* | Rategain Travel Technologies Ltd. | 4305 | 22007 |
|  | Ratnamani Metals & Tubes Ltd. | 126633 | 4054466 |
|  \* | RattanIndia Power Ltd. | 9468530 | 1113633 |
|  \* | Raymond Lifestyle Ltd. | 210777 | 2395963 |
|  | Raymond Ltd. | 263472 | 4739388 |
|  W | RBL Bank Ltd. | 3429335 | 8077327 |
|  | REC Ltd. | 11285020 | 56015353 |
|  | Redington Ltd. | 5892276 | 17074601 |
|  | Redtape Ltd. | 1334660 | 2081121 |
|  \* | Refex Industries Ltd. | 37305 | 179224 |
|  | Relaxo Footwears Ltd. | 140883 | 679495 |
|  | Reliance Industrial Infrastructure Ltd. | 55253 | 554870 |
|  W | Reliance Industries Ltd. (RIGD LI), GDR | 466 | 30367 |
|  | Reliance Industries Ltd. (RIL IN) | 10243189 | 168870685 |
|  \* | Reliance Infrastructure Ltd. | 785217 | 2357611 |
|  \* | Reliance Power Ltd. | 18883680 | 8917838 |
|  \* | Religare Enterprises Ltd. | 532030 | 1326206 |
|  | Repco Home Finance Ltd. | 293803 | 1389997 |
|  | Responsive Industries Ltd. | 11239 | 23712 |
|  | Rico Auto Industries Ltd. | 496526 | 373952 |
|  | RITES Ltd. | 699051 | 1861493 |
|  | Rossari Biotech Ltd. | 53973 | 418282 |
|  | Route Mobile Ltd. | 109783 | 1236431 |
|  | RPG Life Sciences Ltd. | 4880 | 120892 |
|  \* | RPSG Ventures Ltd. | 59269 | 569448 |
|  \* | RSWM Ltd. | 220070 | 376745 |
|  | Rupa & Co. Ltd. | 88639 | 205399 |
|  | Safari Industries India Ltd. | 64279 | 1520648 |
|  | Sagar Cements Ltd. | 199661 | 497807 |
|  | Saksoft Ltd. | 54870 | 99333 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  \*W | Salasar Techno Engineering Ltd. | 1233023 | $125758 |
|  | Sammaan Capital Ltd. | 2661005 | 3808213 |
|  | Samvardhana Motherson International Ltd. | 10900143 | 17158017 |
|  | Sandhar Technologies Ltd. | 127811 | 558064 |
|  | Sandur Manganese & Iron Ores Ltd. | 45264 | 244374 |
|  | Sangam India Ltd. | 80528 | 371442 |
|  \* | Sanghi Industries Ltd. | 43693 | 31345 |
|  | Sanghvi Movers Ltd. | 171834 | 537984 |
|  | Sanofi Consumer Healthcare India Ltd. | 52233 | 3046206 |
|  | Sanofi India Ltd. | 50406 | 3542737 |
|  W | Sansera Engineering Ltd. | 73858 | 939269 |
|  \* | Sapphire Foods India Ltd. | 241380 | 904516 |
|  | Sarda Energy & Minerals Ltd. | 748003 | 4014256 |
|  | Saregama India Ltd. | 250819 | 1551729 |
|  | Sasken Technologies Ltd. | 18726 | 336345 |
|  \* | Satin Creditcare Network Ltd. | 356801 | 693994 |
|  | Savita Oil Technologies Ltd. | 144417 | 633256 |
|  \* | SBFC Finance Ltd. | 182101 | 218381 |
|  | SBI Cards & Payment Services Ltd. | 556843 | 5731650 |
|  W | SBI Life Insurance Co. Ltd. | 664585 | 13863764 |
|  | Schaeffler India Ltd. | 146940 | 6015549 |
|  \* | Schneider Electric Infrastructure Ltd. | 249896 | 1709167 |
|  \* | SEAMEC Ltd. | 25745 | 297079 |
|  \* | Selan Exploration Technology Ltd. | 9970 | 62343 |
|  | Senco Gold Ltd. | 20627 | 84207 |
|  \* | SEPC Ltd. | 3008182 | 499904 |
|  \* | Sequent Scientific Ltd. | 351617 | 596874 |
|  | Seshasayee Paper & Boards Ltd. | 133414 | 426813 |
|  W | SH Kelkar & Co. Ltd. | 357128 | 839594 |
|  | Shaily Engineering Plastics Ltd. | 21598 | 388454 |
|  | Shakti Pumps India Ltd. | 181026 | 1802914 |

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---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Shankara Building Products Ltd. | 51416 | $368265 |
|  | Shanthi Gears Ltd. | 25614 | 144467 |
|  | Sharda Cropchem Ltd. | 220844 | 1428249 |
|  | Sharda Motor Industries Ltd. | 50590 | 1022008 |
|  | Share India Securities Ltd. | 362351 | 634234 |
|  \* | Sheela Foam Ltd. | 35111 | 266310 |
|  \* | Shilpa Medicare Ltd. | 186618 | 1422916 |
|  | Shipping Corp. of India Land & Assets Ltd. | 1289688 | 726732 |
|  | Shipping Corp. of India Ltd. | 1423653 | 2983239 |
|  | Shivalik Bimetal Controls Ltd. | 19722 | 101770 |
|  \* | Shoppers Stop Ltd. | 152109 | 918724 |
|  | Shree Cement Ltd. | 19851 | 6985902 |
|  \* | Shree Renuka Sugars Ltd. | 856560 | 291447 |
|  | Shriram Finance Ltd. | 5149860 | 37154809 |
|  | Shriram Pistons & Rings Ltd. | 71252 | 1519440 |
|  | Shyam Metalics & Energy Ltd. | 19253 | 195065 |
|  | Siemens Energy India Ltd. | 54253 | 1591396 |
|  | Siemens Ltd. | 54253 | 1846850 |
|  \* | SIS Ltd. | 201423 | 804764 |
|  | Siyaram Silk Mills Ltd. | 133723 | 1045578 |
|  | SJS Enterprises Ltd. | 70216 | 771691 |
|  | SKF India Ltd. | 129292 | 5935803 |
|  | Skipper Ltd. | 62921 | 338711 |
|  | SML ISUZU Ltd. | 4113 | 74715 |
|  | Snowman Logistics Ltd. | 329256 | 201803 |
|  | Sobha Ltd. | 405439 | 6358527 |
|  | Solar Industries India Ltd. | 126873 | 19727579 |
|  \* | Solara Active Pharma Sciences Ltd. | 73008 | 426820 |
|  | Somany Ceramics Ltd. | 98351 | 490410 |
|  W | Sona Blw Precision Forgings Ltd. | 151114 | 858533 |
|  | Sonata Software Ltd.. | 1017553 | 5026581 |
|  | South Indian Bank Ltd. | 11139285 | 3386001 |
|  \* | SP Apparels Ltd. | 20771 | 179234 |
|  \* | Spandana Sphoorty Financial Ltd. | 89960 | 292126 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | SRF Ltd. | 674959 | $23982846 |
|  \* | Star Cement Ltd. | 611259 | 1587042 |
|  | State Bank of India (SBID LI), GDR | 13327 | 1244368 |
|  | State Bank of India (SBIN IN) | 5075462 | 47339666 |
|  | State Bank of India (SBKFF US), GDR | 5089 | 474295 |
|  | Steel Authority of India Ltd. | 4980889 | 6675219 |
|  \* | Sterlite Technologies Ltd. | 1179841 | 860729 |
|  | STL Networks Ltd. | 1179841 | 361143 |
|  | Stove Kraft Ltd. | 8039 | 57510 |
|  | Strides Pharma Science Ltd. | 421995 | 3210904 |
|  \* | Stylam Industries Ltd. | 26029 | 484329 |
|  | Styrenix Performance Materials Ltd. | 37783 | 1223707 |
|  \* | Subex Ltd. | 2186579 | 311602 |
|  | Subros Ltd. | 159306 | 1131986 |
|  | Sudarshan Chemical Industries Ltd. | 258747 | 3114611 |
|  | Sumitomo Chemical India Ltd. | 210690 | 1263305 |
|  | Sun Pharmaceutical Industries Ltd. (SUNP IN) | 1405590 | 30307170 |
|  | Sun TV Network Ltd. | 889605 | 6519343 |
|  | Sundaram Finance Ltd. | 160152 | 9922519 |
|  | Sundaram-Clayton Ltd. | 19306 | 452415 |
|  | Sundram Fasteners Ltd. | 659326 | 7142663 |
|  | Sundrop Brands Ltd. | 48493 | 442186 |
|  \* | Sunflag Iron & Steel Co. Ltd. | 186996 | 515739 |
|  | Sunteck Realty Ltd. | 376467 | 1786028 |
|  | Suprajit Engineering Ltd. | 491755 | 2234077 |
|  | Supreme Industries Ltd. | 290193 | 12141415 |
|  | Supreme Petrochem Ltd. | 476982 | 3684147 |
|  | Supriya Lifescience Ltd. | 35172 | 268847 |
|  \* | Suratwwala Business Group Ltd. | 22641 | 11752 |
|  | Surya Roshni Ltd. | 617792 | 1871034 |
|  \* | Suryoday Small Finance Bank Ltd. | 18826 | 28408 |
|  \* | Sutlej Textiles & Industries Ltd. | 384327 | 168309 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  \* | Suven Pharmaceuticals Ltd. | 892499 | $11998379 |
|  | Suyog Telematics Ltd. | 4976 | 53629 |
|  \* | Suzlon Energy Ltd. | 34335189 | 22732294 |
|  | Swaraj Engines Ltd. | 35022 | 1689965 |
|  | Symphony Ltd. | 63097 | 859017 |
|  \* | Syncom Formulations India Ltd. | 80164 | 15484 |
|  W | Syngene International Ltd. | 1090061 | 8116481 |
|  | TAJGVK Hotels & Resorts Ltd. | 61538 | 296661 |
|  | Talbros Automotive Components Ltd. | 57878 | 171050 |
|  | Tamil Nadu Newsprint & Papers Ltd. | 200485 | 312966 |
|  | Tamilnad Mercantile Bank Ltd. | 86044 | 446211 |
|  | Tamilnadu Petroproducts Ltd. | 255595 | 225165 |
|  | Tanla Platforms Ltd. | 346578 | 1955223 |
|  \* | TARC Ltd. | 365981 | 669115 |
|  | Tata Chemicals Ltd. | 1095234 | 10813747 |
|  | Tata Communications Ltd. | 526741 | 9870425 |
|  | Tata Consultancy Services Ltd. | 1884702 | 76445449 |
|  | Tata Consumer Products Ltd. | 833768 | 11447460 |
|  | Tata Elxsi Ltd. | 125312 | 8501810 |
|  | Tata Motors Ltd. | 6634894 | 50503634 |
|  | Tata Power Co. Ltd. | 3061437 | 13876789 |
|  | Tata Steel Ltd. | 22581634 | 37447123 |
|  | TCI Express Ltd. | 88976 | 716487 |
|  | TCPL Packaging Ltd. | 1750 | 75013 |
|  | TD Power Systems Ltd. | 462640 | 2343520 |
|  \* | TeamLease Services Ltd. | 1734 | 38571 |
|  | Tech Mahindra Ltd. | 1612344 | 28582623 |
|  | Techno Electric & Engineering Co. Ltd. | 364168 | 4569528 |
|  \* | Technocraft Industries India Ltd. | 10304 | 288286 |
|  | Tega Industries Ltd. | 20375 | 324210 |
|  \*W | Tejas Networks Ltd. | 158443 | 1315254 |
|  | Texmaco Infrastructure & Holdings Ltd. | 8679 | 9845 |
|  | Texmaco Rail & Engineering Ltd. | 994500 | 1587504 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Thanga Mayil Jewellery Ltd. | 20961 | $520673 |
|  | Thejo Engineering Ltd. | 7476 | 157758 |
|  | Themis Medicare Ltd. | 19585 | 29731 |
|  | Thermax Ltd. | 67103 | 2604135 |
|  | Thirumalai Chemicals Ltd. | 607593 | 1777055 |
|  | Thomas Cook India Ltd. | 902430 | 1433513 |
|  W | Thyrocare Technologies Ltd. | 69888 | 724040 |
|  | Tilaknagar Industries Ltd. | 362587 | 1220547 |
|  | Time Technoplast Ltd. | 1345394 | 5341298 |
|  | Timken India Ltd. | 132863 | 3854276 |
|  | Tips Music Ltd. | 75535 | 563371 |
|  | Titagarh Rail System Ltd. | 266058 | 2345568 |
|  | Titan Co. Ltd. | 735289 | 29172857 |
|  | Torrent Pharmaceuticals Ltd. | 462723 | 18221149 |
|  | Torrent Power Ltd. | 819844 | 14852728 |
|  | Tourism Finance Corp. of India Ltd. | 347886 | 815866 |
|  | TransIndia Real Estate Ltd. | 292366 | 116368 |
|  | Transport Corp. of India Ltd. | 291382 | 3580301 |
|  | Trent Ltd. | 384155 | 23310931 |
|  | Trident Ltd. | 8614345 | 2724693 |
|  | Triveni Engineering & Industries Ltd. | 703446 | 3402197 |
|  | Triveni Turbine Ltd. | 783888 | 4769720 |
|  | TTK Healthcare Ltd. | 2972 | 41941 |
|  | TTK Prestige Ltd. | 241674 | 1735464 |
|  | Tube Investments of India Ltd. | 470598 | 16061109 |
|  | TV Today Network Ltd. | 204034 | 399880 |
|  | TVS Holdings Ltd. | 21218 | 2282493 |
|  | TVS Motor Co. Ltd. | 633055 | 19879024 |
|  | TVS Srichakra Ltd. | 27163 | 916581 |
|  | Uflex Ltd. | 314886 | 2061130 |
|  | Ugar Sugar Works Ltd. | 134793 | 68485 |
|  \* | Ugro Capital Ltd. | 157313 | 324560 |
|  W | Ujjivan Small Finance Bank Ltd. | 10678610 | 5369147 |
|  | UltraTech Cement Ltd. | 201154 | 27705179 |
|  \* | Unichem Laboratories Ltd. | 194087 | 1381247 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Union Bank of India Ltd. | 5175487 | $7679102 |
|  | United Breweries Ltd. | 103773 | 2635544 |
|  | United Spirits Ltd. | 809814 | 14891685 |
|  | Universal Cables Ltd. | 8915 | 46512 |
|  | UNO Minda Ltd. | 1101704 | 11552664 |
|  \* | UPL Ltd. | 3289980 | 25172531 |
|  | Usha Martin Ltd. | 1086960 | 3732216 |
|  | UTI Asset Management Co. Ltd. | 187014 | 2243627 |
|  \* | V2 Retail Ltd. | 11749 | 235403 |
|  \* | VA Tech Wabag Ltd. | 312865 | 4778954 |
|  | Vadilal Industries Ltd. | 6331 | 474044 |
|  | Vaibhav Global Ltd. | 259431 | 667663 |
|  \*W | Valiant Organics Ltd. | 7524 | 28792 |
|  \* | Valor Estate Ltd. | 669648 | 1381519 |
|  | Vardhman Special Steels Ltd. | 13159 | 37366 |
|  | Vardhman Textiles Ltd. | 1004596 | 5364459 |
|  \*W | Varroc Engineering Ltd. | 241015 | 1231138 |
|  | Varun Beverages Ltd. | 2814547 | 17288522 |
|  \* | Vascon Engineers Ltd. | 8327 | 3896 |
|  | Vedant Fashions Ltd. | 40192 | 368330 |
|  | Vedanta Ltd. | 5827878 | 28800427 |
|  | Veedol Corporation Ltd. | 40393 | 701521 |
|  | Venky's India Ltd. | 37741 | 752403 |
|  W | Venus Pipes & Tubes Ltd. | 3567 | 51074 |
|  \* | Veranda Learning Solutions Ltd. | 3557 | 8708 |
|  | Vesuvius India Ltd. | 27695 | 1522520 |
|  | V-Guard Industries Ltd. | 1037109 | 4421707 |
|  | Vidhi Specialty Food Ingredients Ltd. | 8288 | 42659 |
|  | Vijaya Diagnostic Centre Ltd. | 40416 | 479890 |
|  \* | Vikas Lifecare Ltd. | 2298854 | 69146 |
|  | Vimta Labs Ltd. | 61833 | 735789 |
|  | Vinati Organics Ltd. | 168920 | 3232829 |
|  | Vindhya Telelinks Ltd. | 27832 | 438418 |
|  | Vintage Coffee & Beverages Ltd. | 16115 | 18493 |
|  \* | VIP Industries Ltd. | 187414 | 676483 |
|  | Visaka Industries Ltd. | 19771 | 14320 |
|  | Vishnu Chemicals Ltd. | 62152 | 312067 |
|  \* | VL E-Governance & IT Solutions Ltd. | 119621 | 67994 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |  |
|  \* | V-Mart Retail Ltd. | 27213 | $| 1050686 |
|  \* | Vodafone Idea Ltd. | 33845556 |  | 2850697 |
|  | Voltamp Transformers Ltd. | 25701 |  | 2220714 |
|  | Voltas Ltd. | 321889 |  | 4703747 |
|  | VRL Logistics Ltd. | 267849 |  | 1441162 |
|  | VST Industries Ltd. | 337121 |  | 1156356 |
|  | VST Tillers Tractors Ltd. | 26587 |  | 1111660 |
|  \* | Walchandnagar Industries Ltd. | 24757 |  | 53086 |
|  \* | Websol Energy System Ltd. | 18018 |  | 279278 |
|  | Welspun Corp. Ltd. | 1123115 |  | 10165499 |
|  | Welspun Enterprises Ltd. | 447557 |  | 2507228 |
|  | Welspun Living Ltd. | 2895250 |  | 4321474 |
|  | West Coast Paper Mills Ltd. | 427269 |  | 2255816 |
|  \* | Westlife Foodworld Ltd. | 190477 |  | 1488771 |
|  | Wheels India Ltd. | 2606 |  | 20797 |
|  | Whirlpool of India Ltd. | 120592 |  | 1784017 |
|  | Windlas Biotech Ltd. | 4334 |  | 49387 |
|  | Wipro Ltd. | 6769186 |  | 19277372 |
|  \* | Wockhardt Ltd. | 361997 |  | 5564406 |
|  | Wonderla Holidays Ltd. | 107773 |  | 859609 |
|  | XPRO India Ltd. | 2364 |  | 28739 |
|  | Yasho Industries Ltd. | 1323 |  | 26269 |
|  \* | Yes Bank Ltd. | 31282558 |  | 6562198 |
|  | Yuken India Ltd. | 1054 |  | 10196 |
|  | Zee Entertainment Enterprises Ltd. | 5486854 |  | 6866454 |
|  \* | Zee Media Corp. Ltd. | 2420508 |  | 402768 |
|  | Zen Technologies Ltd. | 163789 |  | 2729464 |
|  | Zensar Technologies Ltd. | 777012 |  | 6635348 |
|  | ZF Commercial Vehicle Control Systems India Ltd. | 1496 |  | 221553 |
|  | Zydus Lifesciences Ltd. | 874296 |  | 9175263 |
|  | Zydus Wellness Ltd. | 63725 |  | 1326955 |
|  TOTAL INDIA | TOTAL INDIA | TOTAL INDIA |  | 5623054268 |
|  INDONESIA — (1.4%) | INDONESIA — (1.4%) | INDONESIA — (1.4%) | INDONESIA — (1.4%) | INDONESIA — (1.4%) |
|  | ABM Investama Tbk. PT | 3392900 |  | 678998 |
|  \* | Adaro Minerals Indonesia Tbk. PT | 7084400 |  | 384413 |
|  \* | Adhi Karya Persero Tbk. PT | 17481579 |  | 307525 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  | Adi Sarana Armada Tbk. PT | 9416800 | $389437 |
|  \* | Agung Semesta Sejahtera Tbk. PT | 14551600 | 7873 |
|  | AKR Corporindo Tbk. PT | 53071500 | 4027944 |
|  \* | Alam Sutera Realty Tbk. PT | 67632200 | 521850 |
|  | Alamtri Resources Indonesia Tbk. PT | 82585900 | 9460222 |
|  | Allo Bank Indonesia Tbk. PT | 1007600 | 44623 |
|  | Aneka Tambang Tbk. PT | 46583119 | 6088664 |
|  | Arwana Citramulia Tbk. PT | 23118100 | 817652 |
|  | Aspirasi Hidup Indonesia Tbk. PT | 53519500 | 1723099 |
|  | Astra Agro Lestari Tbk. PT | 3667022 | 1313803 |
|  | Astra International Tbk. PT | 61505200 | 17776597 |
|  | Astra Otoparts Tbk. PT | 7391800 | 970836 |
|  | Avia Avian Tbk. PT | 9848900 | 247224 |
|  \*†† | Bakrie Telecom Tbk. PT | 35294139 | 0 |
|  | Bank Amar Indonesia Tbk. PT | 13801810 | 139753 |
|  | Bank BTPN Syariah Tbk. PT | 15157400 | 1082157 |
|  \* | Bank Bukopin Tbk. PT | 142642188 | 523455 |
|  \* | Bank Capital Indonesia Tbk. PT | 20448500 | 161428 |
|  | Bank Central Asia Tbk. PT | 91803500 | 48811031 |
|  \* | Bank China Construction Bank Indonesia Tbk. PT | 17420100 | 71441 |
|  \* | Bank Ganesha Tbk. PT | 8856600 | 46431 |
|  \* | Bank Ina Perdana PT | 2485100 | 647191 |
|  | Bank Mandiri Persero Tbk. PT | 127148372 | 37547854 |
|  \* | Bank Mayapada International Tbk. PT | 12988650 | 153967 |
|  | Bank Maybank Indonesia Tbk. PT | 9420600 | 116771 |
|  \* | Bank Nationalnobu Tbk. PT | 5283225 | 202254 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  | Bank Negara Indonesia Persero Tbk. PT | 32302360 | $8140166 |
|  \* | Bank Neo Commerce Tbk. PT | 26788800 | 419830 |
|  | Bank OCBC Nisp Tbk. PT | 13326100 | 1047440 |
|  \* | Bank Pan Indonesia Tbk. PT | 31614600 | 3063516 |
|  | Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk. PT | 24151857 | 1259096 |
|  \* | Bank Pembangunan Daerah Jawa Timur Tbk. PT | 27848500 | 872102 |
|  | Bank Rakyat Indonesia Persero Tbk. PT | 95125259 | 22031936 |
|  | Bank Syariah Indonesia Tbk. PT | 21486600 | 3695527 |
|  | Bank Tabungan Negara Persero Tbk. PT | 54408154 | 3458601 |
|  | Barito Pacific Tbk. PT | 46367288 | 2080015 |
|  | Barito Renewables Energy Tbk. PT | 2106500 | 763276 |
|  | BFI Finance Indonesia Tbk. PT | 55094300 | 2911199 |
|  \* | Bintang Oto Global Tbk. PT | 305300 | 10284 |
|  | BISI International Tbk. PT | 11631812 | 708087 |
|  | Blue Bird Tbk. PT | 5130300 | 535357 |
|  \* | Buana Lintas Lautan Tbk. PT | 122704200 | 864932 |
|  \* | Bukalapak.com Tbk. PT | 204792500 | 1791644 |
|  | Bukit Asam Tbk. PT | 37180900 | 6183127 |
|  | Buma Internasional Grup Tbk. PT | 40023900 | 970103 |
|  \* | Bumi Resources Minerals Tbk. PT | 151196300 | 3486027 |
|  \* | Bumi Resources Tbk. PT | 314361100 | 2023894 |
|  \* | Bumi Serpong Damai Tbk. PT | 30391400 | 1583550 |
|  \* | Capital Financial Indonesia Tbk. PT | 4045900 | 195191 |
|  | Catur Sentosa Adiprana Tbk. PT | 864200 | 16779 |
|  \* | Cemindo Gemilang PT | 12211000 | 639879 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  | Charoen Pokphand Indonesia Tbk. PT | 19566060 | $5579335 |
|  W | Cikarang Listrindo Tbk. PT | 10148300 | 433988 |
|  | Ciputra Development Tbk. PT | 66854915 | 3706016 |
|  | Cisarua Mountain Dairy Tbk. PT | 1638700 | 452017 |
|  \* | Citra Marga Nusaphala Persada Tbk. PT | 19749671 | 1663117 |
|  \* | City Retail Developments Tbk. PT | 11633200 | 84878 |
|  | Dayamitra Telekomunikasi PT | 4109600 | 153389 |
|  | Dharma Satya Nusantara Tbk. PT | 31366000 | 1446067 |
|  \* | Dian Swastatika Sentosa Tbk. PT | 136300 | 373604 |
|  | Elang Mahkota Teknologi Tbk. PT | 42732300 | 1380372 |
|  | Elnusa Tbk. PT | 28333700 | 788772 |
|  \* | Energi Mega Persada Tbk. PT | 18618600 | 216591 |
|  | Erajaya Swasembada Tbk. PT | 69828200 | 1957161 |
|  | ESSA Industries Indonesia Tbk. PT | 50368000 | 1835811 |
|  | Gajah Tunggal Tbk. PT | 11916600 | 790087 |
|  | Garudafood Putra Putri Jaya Tbk. PT | 24325000 | 565705 |
|  | Golden Energy Mines Tbk. PT | 69600 | 38795 |
|  \* | Gudang Garam Tbk. PT | 1928500 | 1164029 |
|  \* | Harum Energy Tbk. PT | 12087100 | 557525 |
|  | Hexindo Adiperkasa Tbk. PT | 1852256 | 525177 |
|  | Hillcon Tbk. PT | 1192000 | 22838 |
|  | Impack Pratama Industri Tbk. PT | 37017100 | 749000 |
|  | Indah Kiat Pulp & Paper Tbk. PT | 13595800 | 4221323 |
|  | Indika Energy Tbk. PT | 12657500 | 1102621 |
|  | Indo Tambangraya Megah Tbk. PT | 3533500 | 4684071 |
|  | Indocement Tunggal Prakarsa Tbk. PT | 4206800 | 1356060 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  | Indofood CBP Sukses Makmur Tbk. PT | 3420700 | $2337734 |
|  | Indofood Sukses Makmur Tbk. PT | 25022900 | 12070347 |
|  | Indomobil Sukses Internasional Tbk. PT | 3198400 | 166890 |
|  | Indosat Tbk. PT | 18426200 | 1939600 |
|  | Industri Jamu Dan Farmasi Sido Muncul Tbk. PT | 43895988 | 1573654 |
|  \*†† | Inti Agri Resources Tbk. PT | 10879700 | 0 |
|  \* | Intiland Development Tbk. PT | 15165700 | 140622 |
|  | Japfa Comfeed Indonesia Tbk. PT | 56069300 | 6151599 |
|  | Jasa Marga Persero Tbk. PT | 8838558 | 2280279 |
|  | Jaya Real Property Tbk. PT | 5813800 | 248788 |
|  | Kalbe Farma Tbk. PT | 50093100 | 4128925 |
|  \* | Kawasan Industri Jababeka Tbk. PT | 110979845 | 1157097 |
|  | KMI Wire & Cable Tbk. PT | 28325800 | 670333 |
|  | Lautan Luas Tbk. PT | 329800 | 18259 |
|  \* | Lippo Cikarang Tbk. PT | 256805 | 8039 |
|  \* | Lippo Karawaci Tbk. PT | 324039762 | 1797973 |
|  \* | Malindo Feedmill Tbk. PT | 4015800 | 189748 |
|  | Map Aktif Adiperkasa PT | 42653700 | 1668909 |
|  | Matahari Department Store Tbk. PT | 5420900 | 573927 |
|  | Mayora Indah Tbk. PT | 18695625 | 2567142 |
|  | MD Entertainment Tbk. PT | 2653600 | 403891 |
|  | Medco Energi Internasional Tbk. PT | 63757160 | 4033522 |
|  \* | Media Nusantara Citra Tbk. PT | 44649593 | 705750 |
|  | Medikaloka Hermina Tbk. PT | 33821100 | 2304748 |
|  \* | Merdeka Copper Gold Tbk. PT | 14066062 | 1415847 |
|  \* | Metro Healthcare Indonesia Tbk. PT | 59545100 | 746887 |

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**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  | Metrodata Electronics Tbk. PT | 34020600 | $1146593 |
|  | Metropolitan Kentjana Tbk. PT | 33300 | 49894 |
|  | Mitra Adiperkasa Tbk. PT | 67702100 | 5574096 |
|  | Mitra Keluarga Karyasehat Tbk. PT | 14286300 | 2159838 |
|  | Mitra Pinasthika Mustika Tbk. PT | 12216500 | 759272 |
|  \* | MNC Digital Entertainment Tbk. PT | 21894000 | 622867 |
|  \* | MNC Land Tbk. PT | 105612800 | 789248 |
|  | Mulia Industrindo Tbk. PT | 13805800 | 239657 |
|  | Nippon Indosari Corpindo Tbk. PT | 19741289 | 1029165 |
|  | Pabrik Kertas Tjiwi Kimia Tbk. PT | 7817200 | 2414705 |
|  \* | Pacific Strategic Financial Tbk. PT | 13198500 | 881986 |
|  | Pakuwon Jati Tbk. PT | 102488900 | 2355772 |
|  \* | Panin Financial Tbk. PT | 118198200 | 2750413 |
|  \* | Paninvest Tbk. PT | 7925300 | 506860 |
|  | Pantai Indah Kapuk Dua Tbk. PT | 523200 | 359258 |
|  | Perusahaan Gas Negara Tbk. PT | 32156100 | 3263091 |
|  | Perusahaan Perkebunan London Sumatra Indonesia Tbk. PT | 19964600 | 1407045 |
|  | Petrindo Jaya Kreasi Tbk. PT | 2750800 | 1180929 |
|  | Petrosea Tbk. PT | 7074100 | 1215416 |
|  \*†† | Pool Advista Indonesia Tbk. PT | 8941700 | 5050 |
|  \* | PP Persero Tbk. PT | 23336190 | 572564 |
|  | Prodia Widyahusada Tbk. PT | 1625700 | 272196 |
|  \* | Puradelta Lestari Tbk. PT | 60908700 | 637945 |
|  | Ramayana Lestari Sentosa Tbk. PT | 5802100 | 147388 |
|  \*†† | Rimo International Lestari Tbk. PT | 151291900 | 0 |
|  | Rukun Raharja Tbk. PT | 3958600 | 517976 |
|  | Salim Ivomas Pratama Tbk. PT | 31135200 | 772570 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  | Sampoerna Agro Tbk. PT | 5071559 | $711786 |
|  | Samudera Indonesia Tbk. PT | 54823600 | 839370 |
|  \* | Sarana Meditama Metropolitan Tbk. PT | 11755900 | 218275 |
|  | Sarana Menara Nusantara Tbk. PT | 62127500 | 2132300 |
|  | Sariguna Primatirta Tbk. PT | 19387800 | 1671513 |
|  | Sawit Sumbermas Sarana Tbk. PT | 24219100 | 2278015 |
|  \*†† | Sekawan Intipratama Tbk. PT | 2876400 | 0 |
|  | Selamat Sempurna Tbk. PT | 16835200 | 1807625 |
|  | Semen Baturaja Tbk. PT | 4829100 | 63826 |
|  | Semen Indonesia Persero Tbk. PT | 17432686 | 2747681 |
|  | Siloam International Hospitals Tbk. PT | 6566900 | 1028100 |
|  \* | Sinar Mas Multiartha Tbk. PT | 278500 | 263278 |
|  \*†† | Sri Rejeki Isman Tbk. PT | 96691300 | 159453 |
|  | Steel Pipe Industry of Indonesia PT | 16408800 | 274705 |
|  | Sumber Alfaria Trijaya Tbk. PT | 39945700 | 5171157 |
|  | Sumber Tani Agung Resources Tbk. PT | 717300 | 39120 |
|  | Summarecon Agung Tbk. PT | 76596447 | 1990907 |
|  | Surya Citra Media Tbk. PT | 123963300 | 1525173 |
|  | Surya Semesta Internusa Tbk. PT | 32469000 | 1651793 |
|  \*†† | Suryainti Permata Tbk. PT | 3098000 | 0 |
|  | Telkom Indonesia Persero Tbk. PT (TLK US), ADR | 365576 | 5713953 |
|  | Telkom Indonesia Persero Tbk. PT (TLKM IJ) | 55290600 | 8714830 |
|  | Temas Tbk. PT | 35286000 | 295249 |
|  | Tempo Scan Pacific Tbk. PT | 3861200 | 614227 |
|  \* | Timah Tbk. PT | 16520567 | 1183933 |

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**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |  |
|  | Tower Bersama Infrastructure Tbk. PT | 5095900 | $| 609342 |
|  \*†† | Trada Alam Minera Tbk. PT | 173119000 |  | 0 |
|  | Transcoal Pacific Tbk. PT | 4369200 |  | 1466152 |
|  \* | Trias Sentosa Tbk. PT | 3690500 |  | 110003 |
|  | Trimegah Bangun Persada Tbk. PT | 282200 |  | 11889 |
|  | Triputra Agro Persada PT | 29981200 |  | 1761983 |
|  | Tunas Baru Lampung Tbk. PT | 27237857 |  | 1132435 |
|  | Ultrajaya Milk Industry & Trading Co. Tbk. PT | 12699000 |  | 1060134 |
|  | Unilever Indonesia Tbk. PT | 24192400 |  | 2495586 |
|  | United Tractors Tbk. PT | 9367346 |  | 12801596 |
|  \* | Vale Indonesia Tbk. PT | 10213475 |  | 1531241 |
|  \* | Waskita Beton Precast Tbk. PT | 1376900 |  | 1264 |
|  \*†† | Waskita Karya Persero Tbk. PT | 52554757 |  | 119926 |
|  \* | Wijaya Karya Persero Tbk. PT | 19524422 |  | 239939 |
|  | Wintermar Offshore Marine Tbk. PT | 5592000 |  | 128449 |
|  | XLSMART Telecom Sejahtera Tbk. PT | 44923545 |  | 5816107 |
|  TOTAL INDONESIA | TOTAL INDONESIA | TOTAL INDONESIA |  | 390179019 |
|  KUWAIT — (0.4%) | KUWAIT — (0.4%) | KUWAIT — (0.4%) | KUWAIT — (0.4%) | KUWAIT — (0.4%) |
|  | A'ayan Leasing & Investment Co. KSCP | 6272710 |  | 3318438 |
|  | A'ayan Real Estate Co. SAK | 67161 |  | 19564 |
|  \* | Acico Industries Co. KSC | 235833 |  | 53581 |
|  | Agility Public Warehousing Co. KSC | 1666642 |  | 1431355 |
|  | Al Ahli Bank of Kuwait KSCP | 329173 |  | 326142 |
|  | Al-Eid Food KSC | 416724 |  | 315574 |
|  | Ali Alghanim Sons Automotive Co. KSCC | 510471 |  | 1746329 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  KUWAIT — (Continued) | KUWAIT — (Continued) |  |  |
|  \* | Alimtiaz Investment Group KSC | 2698986 | $264298 |
|  \* | Arabi Group Holding KSC | 479552 | 602374 |
|  | Arzan Financial Group for Financing & Investment KPSC | 4595589 | 4413325 |
|  \* | Asiya Capital Investments Co. KSCP | 3424027 | 397589 |
|  | Boubyan Bank KSCP | 913052 | 2023398 |
|  | Boubyan Petrochemicals Co. KSCP | 582117 | 1319810 |
|  | Boursa Kuwait Securities Co. KPSC | 282877 | 2504095 |
|  | Burgan Bank SAK | 179946 | 132370 |
|  | Combined Group Contracting Co. SAK | 679722 | 1437336 |
|  | Commercial Facilities Co. SAKP | 207055 | 185648 |
|  | Commercial Real Estate Co. KSC | 2062320 | 1124567 |
|  | Gulf Bank KSCP | 2022365 | 2219626 |
|  | Gulf Cables & Electrical Industries Group Co. KSCP | 171972 | 1266742 |
|  | Heavy Engineering & Ship Building Co. KSCP | 416945 | 1264113 |
|  | Humansoft Holding Co. KSC | 391642 | 3033154 |
|  \* | IFA Hotels & Resorts-KPSC | 210375 | 991747 |
|  | Integrated Holding Co. KCSC | 888417 | 1654580 |
|  | Jazeera Airways Co. KSCP | 417094 | 1517479 |
|  | KAMCO Investment Co. KSC | 52319 | 20353 |
|  \* | Kuwait Business Town Real Estate Co. KSCP | 44376 | 23313 |
|  \* | Kuwait Cement Co. KSC | 662335 | 527971 |
|  | Kuwait Finance House KSCP | 9520584 | 22482152 |
|  | Kuwait Financial Centre SAK | 223295 | 102262 |
|  | Kuwait International Bank KSCP | 2325471 | 1718952 |

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| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  KUWAIT — (Continued) | KUWAIT — (Continued) |  |  |  |
|  | Kuwait Investment Co. SAK | 83985 | $| 47224 |
|  | Kuwait Real Estate Co. KSC | 3906701 |  | 4794625 |
|  | Kuwait Telecommunications Co. | 1120843 |  | 1982363 |
|  | Mabanee Co. KPSC | 639932 |  | 1654394 |
|  | Mezzan Holding Co. KSCC | 530050 |  | 1651174 |
|  | Mobile Telecommunications Co. KSCP | 2157161 |  | 3332135 |
|  | National Bank of Kuwait SAKP | 7372054 |  | 22926438 |
|  \* | National Consumer Holding Co. SAK | 1267545 |  | 483449 |
|  | National Industries Group Holding SAK | 2492687 |  | 2027315 |
|  | National Investments Co. KSCP | 3071269 |  | 2480213 |
|  \* | Privatization Holding Co. KSCP | 323564 |  | 55749 |
|  \* | Rasiyat Holding Co. | 236436 |  | 270257 |
|  | Salhia Real Estate Co. KSCP | 836904 |  | 1228930 |
|  | Securities House KSC | 265670 |  | 59514 |
|  | Shamal Az-Zour Al-Oula for the First Phase of Az-Zour Power Plant KSC | 1544743 |  | 745856 |
|  \*†† | Sultan Center Food Products Co. KSC | 5505 |  | 647 |
|  \* | Warba Bank KSCP | 6472130 |  | 4692643 |
|  TOTAL KUWAIT | TOTAL KUWAIT | TOTAL KUWAIT |  | 106871163 |
|  LUXEMBOURG — (0.0%) | LUXEMBOURG — (0.0%) | LUXEMBOURG — (0.0%) | LUXEMBOURG — (0.0%) | LUXEMBOURG — (0.0%) |
|  \*W | Allegro.eu SA | 197079 |  | 1729254 |
|  MALAYSIA — (1.5%) | MALAYSIA — (1.5%) | MALAYSIA — (1.5%) |  |  |
|  # | 7-Eleven Malaysia Holdings Bhd., Class B | 2085585 |  | 966303 |
|  # | Able Global Bhd. | 645400 |  | 227383 |
|  # | Aeon Co. M Bhd. | 4414700 |  | 1500648 |
|  # | AEON Credit Service M Bhd. | 1821080 |  | 2515576 |
|  # | AFFIN Bank Bhd. | 4371095 |  | 2682007 |
|  | Ajinomoto Malaysia Bhd. | 120400 |  | 398610 |
|  | Alliance Bank Malaysia Bhd. | 7163000 |  | 7268028 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |  |
|  | Allianz Malaysia Bhd. | 210300 | $898799 |
|  | AME Elite Consortium Bhd. | 1583900 | 587330 |
|  # | AMMB Holdings Bhd. (AMM MK) | 6307050 | 7545845 |
|  # | Ancom Nylex Bhd. | 2737738 | 615521 |
|  #\* | Ann Joo Resources Bhd. | 608100 | 107520 |
|  \* | Astro Malaysia Holdings Bhd. | 3575900 | 145612 |
|  | Aumas Resources Bhd. | 3667500 | 628267 |
|  | Aurelius Technologies Bhd. | 399000 | 292394 |
|  # | Axiata Group Bhd. | 12317135 | 5994680 |
|  # | Bank Islam Malaysia Bhd. | 5451559 | 3097300 |
|  | Batu Kawan Bhd. | 403050 | 1767909 |
|  #\* | Berjaya Assets Bhd. | 1232400 | 86473 |
|  #\* | Berjaya Corp. Bhd. | 23909801 | 1633674 |
|  #\* | Berjaya Food Bhd. | 3571919 | 261041 |
|  #\* | Berjaya Land Bhd. | 3912500 | 263128 |
|  #\* | Bermaz Auto Bhd. | 4702600 | 1144567 |
|  | Beshom Holdings Bhd. | 1295622 | 216973 |
|  # | British American Tobacco Malaysia Bhd. | 675600 | 1010287 |
|  \* | Bumi Armada Bhd. | 21790350 | 2476273 |
|  # | Bursa Malaysia Bhd. | 2920500 | 5002361 |
|  | Cahya Mata Sarawak Bhd. | 3949300 | 862118 |
|  # | Cape Ems Bhd. | 1960100 | 111497 |
|  | Carlsberg Brewery Malaysia Bhd. | 789400 | 3455312 |
|  # | CB Industrial Product Holding Bhd. | 2850220 | 712457 |
|  | CCK Consolidated Holdings Bhd. | 180700 | 54805 |
|  | CelcomDigi Bhd. | 6783620 | 6010779 |
|  \* | Chin Hin Group Bhd. | 202000 | 95775 |
|  | CIMB Group Holdings Bhd. | 15166848 | 25054181 |
|  # | Coastal Contracts Bhd. | 1119200 | 357380 |
|  # | Crescendo Corp. Bhd. | 240600 | 64756 |
|  # | CSC Steel Holdings Bhd. | 1264100 | 334424 |
|  # | CTOS Digital Bhd. | 3302200 | 757482 |
|  #\* | Cypark Resources Bhd. | 744550 | 136178 |
|  # | D&O Green Technologies Bhd. | 3125200 | 942250 |

---

583

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |  |
|  | Dayang Enterprise Holdings Bhd. | 4149863 | $1656689 |
|  | Dialog Group Bhd. | 5898184 | 1997240 |
|  # | DRB-Hicom Bhd. | 5961200 | 1153707 |
|  # | Duopharma Biotech Bhd. | 1370151 | 383962 |
|  | Dutch Lady Milk Industries Bhd. | 102000 | 661871 |
|  | DXN Holdings Bhd. | 672400 | 80364 |
|  # | Eastern & Oriental Bhd. | 5106400 | 934677 |
|  # | Eco World Development Group Bhd. | 6896800 | 3007462 |
|  #\* | Ecofirst Consolidated Bhd. | 1552400 | 143853 |
|  | EG Industries Bhd. | 113400 | 27100 |
|  #\* | Ekovest Bhd. | 12891850 | 926594 |
|  | Farm Fresh Bhd. | 4060800 | 1723500 |
|  # | FGV Holdings Bhd. | 919100 | 232424 |
|  # | Formosa Prosonic Industries Bhd. | 831600 | 433767 |
|  | Fraser & Neave Holdings Bhd. | 378200 | 2368273 |
|  # | Frontken Corp. Bhd. | 6583500 | 5356931 |
|  \* | Gadang Holdings Bhd. | 2291200 | 138249 |
|  # | Gamuda Bhd. | 6339185 | 6245795 |
|  | Gas Malaysia Bhd. | 1135800 | 1112778 |
|  # | Genting Bhd. | 8886200 | 6597055 |
|  # | Genting Malaysia Bhd. | 11014000 | 4380415 |
|  | Genting Plantations Bhd. | 1071600 | 1200399 |
|  # | Globetronics Technology Bhd. | 2910945 | 321030 |
|  \* | Greatech Technology Bhd. | 1285100 | 434288 |
|  # | Guan Chong Bhd. | 1030800 | 808151 |
|  # | HAP Seng Consolidated Bhd. | 4225140 | 2706027 |
|  # | Hap Seng Plantations Holdings Bhd. | 1673800 | 749144 |
|  # | Hartalega Holdings Bhd. | 3925600 | 2030013 |
|  | Heineken Malaysia Bhd. | 639900 | 3910725 |
|  #\* | HeiTech Padu Bhd. | 270100 | 135460 |
|  #\* | Hengyuan Refining Co. Bhd. | 966400 | 356157 |
|  # | Hextar Global Bhd. | 1097100 | 231767 |
|  | Hextar Industries Bhd. | 103000 | 9596 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |  |
|  # | Hiap Teck Venture Bhd. | 9681400 | $628459 |
|  # | Hibiscus Petroleum Bhd. | 5221940 | 1877188 |
|  | Hong Leong Bank Bhd. | 509765 | 2362819 |
|  | Hong Leong Financial Group Bhd. | 1079598 | 4296536 |
|  | Hong Leong Industries Bhd. | 500000 | 1572866 |
|  # | Hume Cement Industries Bhd. | 232600 | 145302 |
|  # | Hup Seng Industries Bhd. | 2153000 | 519107 |
|  | IGB Bhd. | 735738 | 463872 |
|  # | IHH Healthcare Bhd. | 2116900 | 3392825 |
|  | IJM Corp. Bhd. | 7575426 | 3990023 |
|  | Inari Amertron Bhd. | 6409332 | 2861903 |
|  # | Insas Bhd. | 4362802 | 917179 |
|  # | IOI Corp. Bhd. | 4478177 | 3796246 |
|  # | IOI Properties Group Bhd. | 5399419 | 2292219 |
|  | Iris Corp. Bhd. | 220600 | 15393 |
|  #\* | Iskandar Waterfront City Bhd. | 3114600 | 264122 |
|  # | ITMAX SYSTEM Bhd. | 567200 | 485997 |
|  # | JAKS Resources Bhd. | 12700360 | 281833 |
|  # | Jaya Tiasa Holdings Bhd. | 5527339 | 1409446 |
|  \* | JCY International Bhd. | 2114700 | 177099 |
|  | Keck Seng Malaysia Bhd. | 481400 | 592944 |
|  # | Kelington Group Bhd. | 2182300 | 1706846 |
|  | Kenanga Investment Bank Bhd. | 2821700 | 591173 |
|  | Kerjaya Prospek Group Bhd. | 1755287 | 810505 |
|  # | Kim Loong Resources Bhd. | 1387760 | 713841 |
|  \* | KNM Group Bhd. | 15379881 | 142240 |
|  # | Kossan Rubber Industries Bhd. | 6590100 | 2798476 |
|  | KPJ Healthcare Bhd. | 7972500 | 5314683 |
|  # | Kretam Holdings Bhd. | 4777400 | 552821 |
|  #\* | KSL Holdings Bhd. | 2078500 | 749978 |
|  # | Kuala Lumpur Kepong Bhd. | 1110785 | 5053939 |
|  | Kumpulan Fima Bhd.. | 709900 | 375000 |
|  # | Lagenda Properties Bhd. | 1920800 | 525785 |
|  | Land & General Bhd. | 12991220 | 317835 |
|  # | LBS Bina Group Bhd. | 5947093 | 689014 |

---

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |  |
|  # | Leong Hup International Bhd. | 7905700 | $1145044 |
|  # | Lii Hen Industries Bhd. | 2192000 | 246154 |
|  #\*W | Lotte Chemical Titan Holding Bhd. | 2882475 | 294464 |
|  | LPI Capital Bhd. | 655440 | 2178556 |
|  # | Magni-Tech Industries Bhd. | 1388700 | 683480 |
|  # | Magnum Bhd. | 4517362 | 1304052 |
|  | Mah Sing Group Bhd. | 9773551 | 2648483 |
|  # | Malakoff Corp. Bhd. | 8503100 | 1569759 |
|  # | Malayan Banking Bhd. | 7849450 | 18189586 |
|  # | Malayan Cement Bhd. | 106700 | 123652 |
|  # | Malayan Flour Mills Bhd. | 5235400 | 612236 |
|  # | Malaysia Smelting Corp. Bhd. | 1113100 | 640464 |
|  # | Malaysian Pacific Industries Bhd. | 461625 | 2007587 |
|  # | Malaysian Resources Corp. Bhd. | 12935257 | 1381632 |
|  # | Matrix Concepts Holdings Bhd. | 9406357 | 3100514 |
|  | Maxis Bhd. | 4550215 | 3912369 |
|  # | MBM Resources Bhd. | 905810 | 1197253 |
|  # | MBSB Bhd. | 13518567 | 2242284 |
|  | Media Prima Bhd. | 132900 | 12007 |
|  | Mega First Corp. Bhd. | 3697000 | 3398092 |
|  | Mi Technovation Bhd. | 642500 | 277556 |
|  | MISC Bhd. | 2304360 | 4006983 |
|  | MKH Bhd. | 2772375 | 656634 |
|  # | MKH Oil Palm East Kalimantan Bhd. | 222984 | 32056 |
|  # | MNRB Holdings Bhd. | 3755754 | 1769314 |
|  #W | Mr. DIY Group M Bhd. | 6347200 | 2474583 |
|  \* | Muhibbah Engineering M Bhd. | 3089550 | 438482 |
|  | My EG Services Bhd. | 20168467 | 4205174 |
|  # | Nationgate Holdings Bhd. | 666100 | 210756 |
|  # | Nestle Malaysia Bhd. | 76400 | 1539667 |
|  # | NEXG Bhd. | 3233700 | 259025 |
|  | Notion VTEC Bhd. | 858500 | 133718 |
|  †† | Nylex Malaysia Bhd. | 20250 | 211 |
|  # | OCK Group Bhd. | 2962200 | 292024 |
|  # | Oriental Holdings Bhd. | 1111240 | 1799136 |
|  # | OSK Holdings Bhd. | 7618967 | 3006280 |
|  # | PA Resources Bhd. | 1808900 | 81749 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |  |
|  | Padini Holdings Bhd. | 3537000 | $1712083 |
|  | Panasonic Manufacturing Malaysia Bhd. | 62900 | 196881 |
|  | Pantech Group Holdings Bhd. | 3414831 | 578085 |
|  # | Paramount Corp. Bhd. | 1893175 | 460929 |
|  | PBA Holdings Bhd. | 116800 | 55586 |
|  | Pecca Group Bhd. | 1237300 | 421800 |
|  # | Perak Transit Bhd. | 4463799 | 739882 |
|  # | Petron Malaysia Refining & Marketing Bhd. | 613600 | 467579 |
|  # | Petronas Chemicals Group Bhd. | 3524100 | 3007015 |
|  # | Petronas Dagangan Bhd. | 677900 | 3100527 |
|  | Petronas Gas Bhd. | 1182308 | 4793352 |
|  | Power Root Bhd. | 347300 | 112767 |
|  | PPB Group Bhd. | 1526040 | 4397045 |
|  # | Press Metal Aluminium Holdings Bhd. | 6437360 | 7316499 |
|  | Public Bank Bhd. | 25473055 | 26406732 |
|  | QES Group Bhd. | 944400 | 86614 |
|  # | QL Resources Bhd. | 5279995 | 5873176 |
|  #\* | Ranhill Utilities Bhd. | 2267658 | 656641 |
|  # | RCE Capital Bhd. | 2660300 | 809356 |
|  # | REDtone Digital Bhd. | 1368000 | 184126 |
|  # | RGB International Bhd. | 3818100 | 302423 |
|  # | RHB Bank Bhd. | 5531358 | 8531911 |
|  # | Sam Engineering & Equipment M Bhd. | 754500 | 580942 |
|  \* | Sapura Energy Bhd. | 40752188 | 375421 |
|  # | Sarawak Oil Palms Bhd. | 2438737 | 1709050 |
|  | Scientex Bhd. | 4615184 | 3742397 |
|  # | SD Guthrie Bhd. | 5308361 | 5837823 |
|  | SFP Tech Holdings Bhd. | 1102200 | 53738 |
|  # | Shangri-La Hotels Malaysia Bhd. | 253500 | 102255 |
|  | Sime Darby Bhd. | 11328987 | 5459750 |
|  # | Sime Darby Property Bhd. | 11876887 | 3411273 |
|  | SKP Resources Bhd.. | 6792525 | 1402319 |
|  #\* | Solarvest Holdings Bhd. | 1778000 | 688030 |
|  | Southern Cable Group Bhd. | 849200 | 221056 |
|  | SP Setia Bhd. Group | 7376259 | 1878549 |
|  # | Sports Toto Bhd. | 4271173 | 1362447 |

---

585

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |  |  |
|  # | Sunway Bhd. | 2984090 | $| 3145568 |
|  # | Sunway Construction Group Bhd. | 1763819 |  | 1823791 |
|  #\* | Supermax Corp. Bhd. | 5279039 |  | 974263 |
|  # | Suria Capital Holdings Bhd. | 413380 |  | 150063 |
|  # | Syarikat Takaful Malaysia Keluarga Bhd. | 2761175 |  | 2280840 |
|  # | Ta Ann Holdings Bhd. | 2019023 |  | 1863892 |
|  # | Taliworks Corp. Bhd. | 2377766 |  | 355974 |
|  # | TASCO Bhd. | 858600 |  | 104435 |
|  | Telekom Malaysia Bhd. | 2458828 |  | 3875075 |
|  # | Tenaga Nasional Bhd. | 3542681 |  | 11393757 |
|  | Teo Seng Capital Bhd. | 103300 |  | 24428 |
|  | Thong Guan Industries Bhd. | 1574800 |  | 421078 |
|  # | TIME dotCom Bhd. | 4169280 |  | 4976136 |
|  \* | Top Glove Corp. Bhd. | 11675160 |  | 2379877 |
|  #\* | Tropicana Corp. Bhd. | 5039732 |  | 1381798 |
|  # | TSH Resources Bhd. | 3499650 |  | 884677 |
|  # | Uchi Technologies Bhd. | 1688440 |  | 1206746 |
|  | UEM Sunrise Bhd. | 8838445 |  | 1474210 |
|  # | Unisem M Bhd. | 1005100 |  | 461956 |
|  | United Malacca Bhd. | 226150 |  | 264647 |
|  # | United Plantations Bhd. | 714900 |  | 3795267 |
|  # | UOA Development Bhd. | 8121100 |  | 3167517 |
|  | Uzma Bhd. | 1436933 |  | 136682 |
|  # | Velesto Energy Bhd. | 29005192 |  | 1042567 |
|  | ViTrox Corp. Bhd. | 1946700 |  | 1412345 |
|  | VS Industry Bhd. | 10911300 |  | 1988767 |
|  # | Wasco Bhd. | 1416900 |  | 302618 |
|  #\* | WCT Holdings Bhd. | 5517840 |  | 846971 |
|  # | Wellcall Holdings Bhd. | 2974850 |  | 1030397 |
|  # | Westports Holdings Bhd. | 3119100 |  | 3072934 |
|  # | Yinson Holdings Bhd. | 7585463 |  | 3287733 |
|  \* | YNH Property Bhd. | 2740793 |  | 241765 |
|  # | YTL Corp. Bhd. | 12480494 |  | 5550618 |
|  # | YTL Power International Bhd. | 3394387 |  | 2688989 |
|  TOTAL MALAYSIA | TOTAL MALAYSIA | TOTAL MALAYSIA |  | 426540336 |
|  MEXICO — (2.1%) | MEXICO — (2.1%) | MEXICO — (2.1%) | MEXICO — (2.1%) | MEXICO — (2.1%) |
|  | Alfa SAB de CV, Class A | 31592286 |  | 22924363 |
|  # | Alpek SAB de CV | 3673514 |  | 1858252 |
|  # | Alsea SAB de CV | 3134024 |  | 7027003 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MEXICO — (Continued) | MEXICO — (Continued) |  |  |
|  | America Movil SAB de CV (2228390D US), ADR | 2718240 | $46862457 |
|  | Arca Continental SAB de CV | 1041769 | 10971497 |
|  #\* | Axtel SAB de CV | 8540367 | 875354 |
|  W | Banco del Bajio SA | 5195597 | 12468055 |
|  # | Becle SAB de CV | 866993 | 1002255 |
|  | Bolsa Mexicana de Valores SAB de CV | 2864652 | 6035921 |
|  | Cemex SAB de CV (CEMEXCPO MM) | 1651158 | 1021318 |
|  | Cemex SAB de CV (CX US), Sponsored ADR | 3600262 | 22213618 |
|  \* | Cia Minera Autlan SAB de CV | 14731 | 4297 |
|  | Coca-Cola Femsa SAB de CV (KOF US), Sponsored ADR | 81220 | 7645239 |
|  | Coca-Cola Femsa SAB de CV (KOFUBL MM) | 338569 | 3192067 |
|  \* | Consorcio ARA SAB de CV | 8643162 | 1480892 |
|  #\* | Controladora Alpek SAB de CV | 31592286 | 4961844 |
|  \* | Controladora AXTEL SAB de CV | 27388079 | 891033 |
|  \* | Controladora Vuela Cia de Aviacion SAB de CV (VLRS US), ADR | 270308 | 994733 |
|  #\* | Controladora Vuela Cia de Aviacion SAB de CV (VOLARA MM), Class A | 1040862 | 388522 |
|  | Corp. Actinver SAB de CV | 61598 | 58110 |
|  # | Corp. Inmobiliaria Vesta SAB de CV | 3245004 | 8872651 |
|  | Corp. Interamericana de Entretenimiento SAB de CV, Class B | 222600 | 382531 |
|  | Corp. Moctezuma SAB de CV | 213875 | 894849 |
|  | Corporativo Fragua SAB de CV | 2566 | 65424 |
|  | Cydsa SAB de CV | 6129 | 5938 |
|  \* | Dine SAB de CV | 7300 | 8003 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MEXICO — (Continued) | MEXICO — (Continued) |  |  |
|  | El Puerto de Liverpool SAB de CV, Class C1 | 526038 | $2422503 |
|  #\*†† | Empresas ICA SAB de CV | 4691828 | 0 |
|  \* | Financiera Independencia SAB de CV SOFOM ENR | 122895 | 51858 |
|  | Fomento Economico Mexicano SAB de CV (FEMSAUBD MM) | 534206 | 5616784 |
|  | Fomento Economico Mexicano SAB de CV (FMX US), Sponsored ADR | 66202 | 6971733 |
|  | GCC SAB de CV | 1071304 | 9001783 |
|  | Genomma Lab Internacional SAB de CV, Class B | 5093380 | 5952947 |
|  | Gentera SAB de CV | 9230595 | 16093116 |
|  | Gruma SAB de CV, Class B | 913433 | 17404158 |
|  | Grupo Aeroportuario del Centro Norte SAB de CV | 1482286 | 16310777 |
|  # | Grupo Aeroportuario del Pacifico SAB de CV (GAPB MM), Class B | 979586 | 19849972 |
|  | Grupo Aeroportuario del Pacifico SAB de CV (PAC US), ADR  | 27293 | 5608984 |
|  | Grupo Aeroportuario del Sureste SAB de CV (ASR US), ADR | 7751 | 2453502 |
|  | Grupo Aeroportuario del Sureste SAB de CV (ASURB MM), Class B | 383246 | 12102330 |
|  # | Grupo Bimbo SAB de CV | 3507902 | 10673696 |
|  | Grupo Carso SAB de CV | 1926393 | 13396980 |
|  # | Grupo Comercial Chedraui SA de CV | 2372508 | 15325938 |
|  | Grupo Elektra SAB de CV | 59487 | 1061699 |
|  | Grupo Financiero Banorte SAB de CV, Class O | 5816080 | 49869905 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MEXICO — (Continued) | MEXICO — (Continued) |  |  |
|  \* | Grupo Financiero Inbursa SAB de CV, Class O | 5362667 | $13785066 |
|  \* | Grupo Gigante SAB de CV | 41000 | 58122 |
|  | Grupo Herdez SAB de CV | 1704446 | 4858547 |
|  \* | Grupo Hotelero Santa Fe SAB de CV | 306056 | 58681 |
|  | Grupo Industrial Saltillo SAB de CV | 320237 | 293938 |
|  | Grupo Mexico SAB de CV | 7525347 | 39049454 |
|  \* | Grupo Pochteca SAB de CV | 386111 | 117937 |
|  # | Grupo Rotoplas SAB de CV | 714409 | 441531 |
|  \* | Grupo Simec SAB de CV (SIM US), Sponsored ADR | 5555 | 156679 |
|  #\* | Grupo Simec SAB de CV (SIMECB MM) | 1299357 | 11787339 |
|  # | Grupo Televisa SAB (TLEVICPO MM) | 2737347 | 996642 |
|  | Grupo Televisa SAB (TV US), Sponsored ADR | 1878081 | 3418107 |
|  #\*W | Grupo Traxion SAB de CV | 611596 | 513653 |
|  \* | Industrias CH SAB de CV | 1742357 | 15637278 |
|  \* | Industrias Penoles SAB de CV | 655155 | 13129159 |
|  | Kimberly-Clark de Mexico SAB de CV, Class A | 5839206 | 10272691 |
|  | KUO SAB de CV | 271325 | 588017 |
|  # | La Comer SAB de CV | 4964097 | 9292573 |
|  | Megacable Holdings SAB de CV | 5071691 | 12336231 |
|  \* | Minera Frisco SAB de CV, Class A1 | 5848090 | 1010939 |
|  \*W | Nemak SAB de CV | 15152868 | 2209898 |
|  #\* | Ollamani SAB | 136867 | 328584 |
|  # | Orbia Advance Corp. SAB de CV | 6334966 | 4277043 |
|  | Organizacion Cultiba SAB de CV | 194351 | 110998 |
|  \* | Organizacion Soriana SAB de CV, Class B | 3346930 | 4437428 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  MEXICO — (Continued) | MEXICO — (Continued) |  |  |  |
|  \* | Promotora de Hoteles Norte 19 SAB De CV | 2213204 | $| 532690 |
|  | Promotora y Operadora de Infraestructura SAB de CV (PINFRA MM) | 1230572 |  | 13769379 |
|  | Promotora y Operadora de Infraestructura SAB de CV (PINFRAL MM), Class L | 30873 |  | 270781 |
|  # | Qualitas Controladora SAB de CV | 948790 |  | 10496417 |
|  | Regional SAB de CV | 1985459 |  | 13961643 |
|  #\* | Sitios Latinoamerica SAB de CV | 1445895 |  | 249947 |
|  \* | Vista Energy SAB de CV (VIST US), ADR | 68859 |  | 3110361 |
|  \* | Vitro SAB de CV | 423313 |  | 147972 |
|  | Wal-Mart de Mexico SAB de CV | 6537662 |  | 20712625 |
|  TOTAL MEXICO | TOTAL MEXICO | TOTAL MEXICO |  | 585693241 |
|  NETHERLANDS — (0.1%) | NETHERLANDS — (0.1%) | NETHERLANDS — (0.1%) | NETHERLANDS — (0.1%) | NETHERLANDS — (0.1%) |
|  | NEPI Rockcastle NV | 1494023 |  | 11459662 |
|  # | Pepco Group NV | 295648 |  | 1399055 |
|  TOTAL NETHERLANDS | TOTAL NETHERLANDS | TOTAL NETHERLANDS |  | 12858717 |
|  PERU — (0.1%) | PERU — (0.1%) | PERU — (0.1%) | PERU — (0.1%) | PERU — (0.1%) |
|  | Cementos Pacasmayo SAA, ADR | 39716 |  | 218330 |
|  | Cia de Minas Buenaventura SAA, ADR | 157251 |  | 2226674 |
|  | Credicorp Ltd. | 122890 |  | 24847129 |
|  \*†† | Fossal SAA, ADR | 18 |  | 14 |
|  | Intercorp Financial Services, Inc. | 9334 |  | 316143 |
|  TOTAL PERU | TOTAL PERU | TOTAL PERU |  | 27608290 |
|  PHILIPPINES — (0.6%) | PHILIPPINES — (0.6%) | PHILIPPINES — (0.6%) | PHILIPPINES — (0.6%) | PHILIPPINES — (0.6%) |
|  \* | 8990 Holdings, Inc. | 697800 |  | 109593 |
|  | A Soriano Corp. | 818000 |  | 202947 |
|  | Aboitiz Equity Ventures, Inc. | 3324490 |  | 1933814 |
|  | Aboitiz Power Corp. | 3924100 |  | 2618734 |
|  | ACEN Corp. | 13018967 |  | 622339 |
|  \*†† | ACR Mining Corp. | 11905 |  | 0 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |  |  |
|  | Alliance Global Group, Inc. | 22418794 | $2459649 |
|  | Apex Mining Co., Inc. | 15588000 | 1874685 |
|  \* | Atlas Consolidated Mining & Development Corp. | 4306100 | 331449 |
|  | Ayala Corp. | 376380 | 4040041 |
|  | Ayala Land, Inc. | 7824970 | 3510276 |
|  \* | AyalaLand Logistics Holdings Corp. | 4662200 | 122021 |
|  | Bank of the Philippine Islands | 3967976 | 9949004 |
|  | BDO Unibank, Inc. | 6658805 | 19111161 |
|  | Belle Corp. | 27703700 | 718310 |
|  | Bloomberry Resorts Corp. | 21929800 | 1339574 |
|  \* | Cebu Air, Inc. | 1887740 | 1168296 |
|  | Century Pacific Food, Inc. | 6268750 | 4278298 |
|  | China Banking Corp. | 2559090 | 4169104 |
|  | COL Financial Group, Inc. | 1671250 | 46834 |
|  | Converge Information & Communications Technology Solutions, Inc. | 10154300 | 3469180 |
|  | Cosco Capital, Inc. | 15486600 | 1636428 |
|  | D&L Industries, Inc. | 13229200 | 1349156 |
|  | DigiPlus Interactive Corp. | 567500 | 404970 |
|  \* | DITO CME Holdings Corp. | 17732900 | 430685 |
|  | DMCI Holdings, Inc. | 26053200 | 4947035 |
|  | DoubleDragon Corp. | 4336690 | 756666 |
|  | East West Banking Corp. | 5848850 | 1154243 |
|  | Emperador, Inc. | 3708300 | 867817 |
|  | Filinvest Development Corp. | 116500 | 9347 |
|  | Filinvest Land, Inc. | 66853446 | 933249 |
|  | Filinvest REIT Corp. | 16833037 | 957977 |
|  | First Philippine Holdings Corp. | 2595920 | 2717813 |
|  | Ginebra San Miguel, Inc. | 20830 | 106632 |
|  \* | Global Ferronickel Holdings, Inc. | 16720756 | 331890 |
|  | Globe Telecom, Inc. | 98444 | 3421004 |
|  | GT Capital Holdings, Inc. | 474242 | 4155959 |
|  | International Container Terminal Services, Inc. | 2174422 | 13299159 |

---

588

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |  |  |
|  | JG Summit Holdings, Inc. | 5060676 | $1537759 |
|  | Jollibee Foods Corp. | 1266257 | 5201249 |
|  | Keepers Holdings, Inc. | 641000 | 31508 |
|  | LT Group, Inc. | 13071700 | 2781940 |
|  | MacroAsia Corp. | 1262396 | 86285 |
|  | Manila Electric Co. | 450520 | 4597876 |
|  | Manila Water Co., Inc. | 9410200 | 5746491 |
|  \* | Megawide Construction Corp. | 1507270 | 56954 |
|  | Megaworld Corp. | 56789300 | 1812793 |
|  | Metropolitan Bank & Trust Co. | 5602829 | 7718764 |
|  W | Monde Nissin Corp. | 837500 | 116603 |
|  | Nickel Asia Corp. | 26122540 | 1190906 |
|  | Petron Corp. | 22616000 | 951198 |
|  | Philcomsat Holdings Corp. | 410332 | 785843 |
|  | Philex Mining Corp. | 7112350 | 850642 |
|  | Philippine National Bank | 2711566 | 2331021 |
|  | Philippine Seven Corp. | 212040 | 201873 |
|  | Philippine Stock Exchange, Inc. | 84552 | 287280 |
|  \*†† | Philtown Properties, Inc. | 16675 | 0 |
|  \*†† | Phoenix Petroleum Philippines, Inc. | 2516870 | 35147 |
|  | PLDT, Inc. (PHI US), Sponsored ADR | 117883 | 2766714 |
|  | PLDT, Inc. (TEL PM) | 76845 | 1790221 |
|  | Puregold Price Club, Inc. | 7194280 | 4112796 |
|  \* | PXP Energy Corp. | 363200 | 14635 |
|  | RFM Corp. | 6096300 | 454637 |
|  | Rizal Commercial Banking Corp. | 2919464 | 1366913 |
|  | Robinsons Land Corp. | 18076418 | 3780677 |
|  | Robinsons Retail Holdings, Inc. | 1838320 | 1289630 |
|  | San Miguel Corp. | 3376110 | 4745215 |
|  | Security Bank Corp. | 2116178 | 2517971 |
|  | Semirara Mining & Power Corp. | 4759000 | 2897644 |
|  | Shakey's Pizza Asia Ventures, Inc. | 366600 | 50863 |
|  \* | Shell Pilipinas Corp. | 1919540 | 178863 |
|  | SM Investments Corp. | 155720 | 2424010 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |  |  |  |
|  | SM Prime Holdings, Inc. | 8148290 | $| 3556952 |
|  | SSI Group, Inc. | 302000 |  | 17086 |
|  | STI Education Systems Holdings, Inc. | 1430000 |  | 34117 |
|  | Synergy Grid & Development Phils, Inc. | 3227000 |  | 664807 |
|  \* | Top Frontier Investment Holdings, Inc. | 155417 |  | 152903 |
|  | Union Bank of the Philippines | 3664942 |  | 2119291 |
|  | Universal Robina Corp. | 2832660 |  | 4196258 |
|  | Vista Land & Lifescapes, Inc. | 54816800 |  | 1637766 |
|  | Vistamalls, Inc. | 155800 |  | 4199 |
|  | Wilcon Depot, Inc. | 6753100 |  | 824674 |
|  TOTAL PHILIPPINES | TOTAL PHILIPPINES | TOTAL PHILIPPINES |  | 177476313 |
|  POLAND — (1.3%) | POLAND — (1.3%) | POLAND — (1.3%) | POLAND — (1.3%) | POLAND — (1.3%) |
|  #\* | 11 bit studios SA | 5440 |  | 315275 |
|  | AB SA | 9484 |  | 255954 |
|  #\* | Action SA | 36084 |  | 200896 |
|  \* | Agora SA | 261596 |  | 685818 |
|  | Alior Bank SA | 760657 |  | 20612161 |
|  | Amica SA | 29857 |  | 490622 |
|  | Apator SA | 72751 |  | 356950 |
|  # | Arctic Paper SA | 132265 |  | 536628 |
|  | ASBISc Enterprises PLC | 298919 |  | 2064552 |
|  | Asseco Poland SA | 262383 |  | 10834436 |
|  | Asseco South Eastern Europe SA | 16316 |  | 260234 |
|  # | Auto Partner SA | 281361 |  | 1482736 |
|  # | Bank Handlowy w Warszawie SA | 148569 |  | 4633775 |
|  \* | Bank Millennium SA | 2993668 |  | 11580690 |
|  #\* | Bank Ochrony Srodowiska SA | 121413 |  | 359172 |
|  | Bank Polska Kasa Opieki SA | 499709 |  | 25046227 |
|  | Benefit Systems SA | 6578 |  | 5663920 |
|  #\* | Bioton SA | 193900 |  | 192238 |
|  # | BNPP Bank Polska SA | 2048 |  | 57314 |
|  # | Boryszew SA | 1581311 |  | 2554171 |
|  # | Budimex SA | 66681 |  | 11207735 |
|  \* | CCC SA | 133149 |  | 7699052 |
|  | CD Projekt SA | 68074 |  | 4215153 |
|  # | Celon Pharma SA | 49619 |  | 340821 |
|  #\* | CI Games SA | 878942 |  | 411905 |

---

589

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  POLAND — (Continued) | POLAND — (Continued) |  |  |
|  #\* | Cognor Holding SA | 736787 | $1445872 |
|  | Cyber Folks SA | 26581 | 1090293 |
|  #\* | Cyfrowy Polsat SA | 630511 | 3092249 |
|  #\* | Datawalk SA | 1468 | 32580 |
|  | Develia SA | 1508135 | 2988694 |
|  \*W | Dino Polska SA | 80300 | 11257045 |
|  | Dom Development SA | 41143 | 2396623 |
|  \* | Echo Investment SA | 23210 | 28393 |
|  | Elektrotim SA | 8867 | 121602 |
|  \* | Enea SA | 1930898 | 7307748 |
|  # | Eurocash SA | 470794 | 1380257 |
|  \* | Fabryki Mebli Forte SA | 103961 | 719736 |
|  # | Globe Trade Centre SA | 254305 | 271206 |
|  #\* | Grupa Azoty SA | 345091 | 1893529 |
|  | Grupa Kety SA | 64686 | 14812676 |
|  | Grupa Pracuj SA | 8798 | 140504 |
|  | ING Bank Slaski SA | 86700 | 7527750 |
|  # | Inter Cars SA | 33725 | 5093997 |
|  #\* | Jastrzebska Spolka Weglowa SA | 526457 | 3372008 |
|  | KGHM Polska Miedz SA | 318362 | 10162903 |
|  | KRUK SA | 93438 | 9912179 |
|  \* | Lentex SA | 22077 | 43495 |
|  | LPP SA | 2841 | 11627512 |
|  \* | Lubawa SA | 24192 | 63858 |
|  # | Lubelski Wegiel Bogdanka SA | 87796 | 506383 |
|  \* | mBank SA | 33114 | 7215024 |
|  | Mirbud SA | 502567 | 1885621 |
|  | Mo-BRUK SA | 14849 | 1148507 |
|  #\* | Mostostal Zabrze SA | 86076 | 131143 |
|  | Neuca SA | 6917 | 1302274 |
|  | Newag SA | 511 | 8958 |
|  # | Onde SA | 5966 | 17048 |
|  | Orange Polska SA | 2099807 | 5395335 |
|  | ORLEN SA | 1830608 | 33057752 |
|  \* | PGE Polska Grupa Energetyczna SA | 2140408 | 4674891 |
|  \* | PKP Cargo SA | 210403 | 887305 |
|  | PlayWay SA | 5070 | 408838 |
|  \* | Polimex-Mostostal SA | 524213 | 543909 |
|  | Powszechna Kasa Oszczednosci Bank Polski SA | 992246 | 19076847 |
|  | Powszechny Zaklad Ubezpieczen SA | 1477164 | 23044940 |
|  | Santander Bank Polska SA | 53494 | 8227841 |
|  \* | Selvita SA | 15027 | 132123 |
|  # | Stalexport Autostrady SA | 1082020 | 858303 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  POLAND — (Continued) | POLAND — (Continued) |  |  |  |
|  | Synektik SA | 32614 | $| 1955049 |
|  \* | Tauron Polska Energia SA | 7222221 |  | 11334745 |
|  \* | TEN Square Games SA | 3404 |  | 86089 |
|  # | Text SA | 64197 |  | 919896 |
|  | Torpol SA | 56565 |  | 593480 |
|  | Unimot SA | 11459 |  | 476757 |
|  # | Votum SA | 10633 |  | 115536 |
|  | Voxel SA | 1850 |  | 70748 |
|  | VRG SA | 1259078 |  | 1234638 |
|  # | Warsaw Stock Exchange | 122584 |  | 1556602 |
|  | Wawel SA | 149 |  | 24682 |
|  | Wirtualna Polska Holding SA | 32887 |  | 781493 |
|  #W | XTB SA | 428609 |  | 9311979 |
|  #\* | Zespol Elektrocieplowni Wroclawskich Kogeneracja SA | 14117 |  | 195856 |
|  \* | Zespol Elektrowni Patnow Adamow Konin SA | 80044 |  | 397999 |
|  TOTAL POLAND | TOTAL POLAND | TOTAL POLAND |  | 346419735 |
|  QATAR — (0.8%) | QATAR — (0.8%) | QATAR — (0.8%) | QATAR — (0.8%) | QATAR — (0.8%) |
|  | Aamal Co. | 11461524 |  | 2614008 |
|  | Al Khaleej Takaful Group QSC | 1500409 |  | 985469 |
|  | Al Meera Consumer Goods Co. QSC | 606268 |  | 2424777 |
|  | Al Rayan Bank | 12713582 |  | 7806667 |
|  | Alijarah Holding Co. QPSC | 2527464 |  | 503715 |
|  | Baladna | 7064060 |  | 2352933 |
|  | Barwa Real Estate Co. | 9434275 |  | 7259971 |
|  | Commercial Bank PSQC | 5746265 |  | 6793689 |
|  \* | Dlala Brokerage & Investments Holding Co. QSC | 79702 |  | 22356 |
|  | Doha Bank QPSC | 13372005 |  | 8671552 |
|  | Doha Insurance Co. QSC | 690437 |  | 468917 |
|  \* | Estithmar Holding QPSC | 5942026 |  | 4488447 |
|  | Gulf International Services QSC | 8881865 |  | 7522571 |
|  | Gulf Warehousing Co. | 2903949 |  | 2349669 |
|  | Industries Qatar QSC | 936261 |  | 3229324 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

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| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  QATAR — (Continued) | QATAR — (Continued) |  |  |  |
|  | Lesha Bank LLC | 7077781 | $| 2692305 |
|  | Mannai Corp. QSC | 969758 |  | 959583 |
|  \* | Mazaya Real Estate Development QPSC | 4178768 |  | 688215 |
|  | Medicare Group | 1456853 |  | 1830636 |
|  | Mesaieed Petrochemical Holding Co. | 6344631 |  | 2456480 |
|  | Ooredoo QPSC | 3111870 |  | 11086561 |
|  | Qatar Aluminum Manufacturing Co. | 16989782 |  | 5987697 |
|  | Qatar Electricity & Water Co. QSC | 1288179 |  | 5407501 |
|  | Qatar Fuel QSC | 998858 |  | 4115125 |
|  | Qatar Gas Transport Co. Ltd. | 10909954 |  | 13716614 |
|  | Qatar Industrial Manufacturing Co. QSC | 751179 |  | 519470 |
|  | Qatar Insurance Co. SAQ | 3550467 |  | 1898242 |
|  | Qatar International Islamic Bank QSC | 2019030 |  | 5884461 |
|  | Qatar Islamic Bank QPSC | 1687213 |  | 9786006 |
|  | Qatar Islamic Insurance Group | 307190 |  | 705284 |
|  | Qatar National Bank QPSC | 13164893 |  | 60380910 |
|  | Qatar National Cement Co. QSC | 1477876 |  | 1392513 |
|  | Qatar Navigation QSC | 2473630 |  | 7534821 |
|  | QLM Life & Medical Insurance Co. WLL | 226069 |  | 120612 |
|  | Salam International Investment Ltd. QSC | 7618617 |  | 1381889 |
|  | United Development Co. QSC | 11850761 |  | 3359595 |
|  | Vodafone Qatar QSC | 17306239 |  | 11213597 |
|  \* | Widam Food Co. | 573788 |  | 332458 |
|  | Zad Holding Co. | 102347 |  | 400488 |
|  TOTAL QATAR | TOTAL QATAR | TOTAL QATAR |  | 211345128 |
|  RUSSIA — (0.0%) | RUSSIA — (0.0%) | RUSSIA — (0.0%) | RUSSIA — (0.0%) | RUSSIA — (0.0%) |
|  \*†† | Gazprom PJSC (OGZD LI), Sponsored ADR | 4286740 |  | 0 |
|  \*†† | Gazprom PJSC (OGZPY US), Sponsored ADR | 226212 |  | 0 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  RUSSIA — (Continued) | RUSSIA — (Continued) |  |  |  |
|  \*†† | Magnitogorsk Iron & Steel Works PJSC (MMK LI), GDR | 604713 | $| 0 |
|  \*†† | Magnitogorsk Iron & Steel Works PJSC (MMK LI), Sponsored GDR | 108 |  | 0 |
|  \*†† | Mechel PJSC, Sponsored ADR | 137371 |  | 0 |
|  \*†† | PhosAgro PJSC | 1846 |  | 0 |
|  \*†† | Polyus PJSC (PLZL LI), GDR | 30972 |  | 0 |
|  \*†† | RusHydro PJSC (HYDR LI), ADR | 4493667 |  | 0 |
|  \*†† | RusHydro PJSC (RSHYY US), ADR | 556 |  | 0 |
|  \*†† | Sberbank of Russia PJSC (SBER LI), Sponsored ADR | 3144384 |  | 0 |
|  \*†† | Severstal PAO (SVJTY US), GDR | 1124 |  | 0 |
|  \*†† | Severstal PAO (SVST LI), GDR | 284906 |  | 0 |
|  \*†† | VTB Bank PJSC (VTBR LI), GDR | 7638337 |  | 0 |
|  SAUDI ARABIA — (3.7%) | SAUDI ARABIA — (3.7%) | SAUDI ARABIA — (3.7%) | SAUDI ARABIA — (3.7%) | SAUDI ARABIA — (3.7%) |
|  | Abdullah Al Othaim Markets Co. | 3034779 |  | 7300061 |
|  | ACWA Power Co. | 110661 |  | 9489358 |
|  | Ades Holding Co. | 195384 |  | 788783 |
|  \* | Advanced Petrochemical Co. | 538382 |  | 4322942 |
|  | Al Babtain Power & Telecommunication Co. | 369351 |  | 4674595 |
|  | Al Hammadi Holding | 451802 |  | 4833520 |
|  \* | Al Hassan Ghazi Ibrahim Shaker Co. | 224179 |  | 1842518 |
|  | Al Jouf Agricultural Development Co. | 130143 |  | 1646561 |
|  \* | Al Jouf Cement Co. | 450462 |  | 1186053 |
|  \* | Al Khaleej Training & Education Co. | 310280 |  | 2312539 |
|  | Al Moammar Information Systems Co. | 33464 |  | 1174904 |
|  | Al Rajhi Bank | 3883026 |  | 100873042 |
|  \* | Al Rajhi Co. for Co-operative Insurance | 75017 |  | 2623064 |
|  | Al Yamamah Steel Industries Co. | 238552 |  | 2218017 |

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**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |  |
|  | Alamar Foods | 75418 | $1359306 |
|  | Alandalus Property Co. | 298390 | 1733917 |
|  | Alaseel Co. | 1506449 | 1616790 |
|  | Al-Dawaa Medical Services Co. | 37515 | 844841 |
|  | Aldrees Petroleum & Transport Services Co. | 311860 | 11462241 |
|  | Al-Etihad Cooperative Insurance Co. | 246718 | 998842 |
|  | Alinma Bank | 2988217 | 23144541 |
|  | AlJazira Takaful Ta'awuni Co. | 323549 | 1209930 |
|  \* | AlKhorayef Water & Power Technologies Co. | 81969 | 3541127 |
|  \* | Allianz Saudi Fransi Cooperative Insurance Co. | 206817 | 948442 |
|  | Almarai Co. JSC | 1680965 | 23678130 |
|  | Almawarid Manpower Co. | 14734 | 597497 |
|  | Almunajem Foods Co. | 104725 | 2304700 |
|  \* | Alujain Corp. | 246153 | 2469248 |
|  \* | Amlak International Finance Co. | 80356 | 265095 |
|  \* | Anaam International Holding Group Co. | 14174 | 66725 |
|  | Arab National Bank | 1695357 | 9724455 |
|  \* | Arabia Insurance Cooperative Co. | 46873 | 156317 |
|  | Arabian Cement Co. | 382705 | 2593525 |
|  W | Arabian Centres Co. | 737553 | 3895170 |
|  | Arabian Contracting Services Co. | 101829 | 3580491 |
|  | Arabian Drilling Co. | 187724 | 4326370 |
|  | Arabian Internet & Communications Services Co. | 95052 | 7273334 |
|  \* | Arabian Pipes Co. | 417020 | 1027366 |
|  \* | Arabian Shield Cooperative Insurance Co. | 208362 | 981355 |
|  | Arriyadh Development Co. | 775674 | 7096006 |
|  \* | ARTEX Industrial Investment Co. | 244918 | 871728 |
|  | Astra Industrial Group Co. | 227972 | 9088333 |
|  | Ataa Educational Co. | 50258 | 891015 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |  |
|  \* | BAAN Holding Group Co. | 1525313 | $884771 |
|  | Bank AlBilad | 2177037 | 16823786 |
|  \* | Bank Al-Jazira | 3500288 | 12617082 |
|  | Banque Saudi Fransi | 1762232 | 8632007 |
|  \* | Basic Chemical Industries Ltd. | 119467 | 900308 |
|  | Bawan Co. | 295171 | 4340791 |
|  | BinDawood Holding Co. | 1286497 | 2167619 |
|  | Bupa Arabia for Cooperative Insurance Co. | 236964 | 10623477 |
|  \* | Buruj Cooperative Insurance Co. | 11000 | 59295 |
|  | Catrion Catering Holding Co. | 292360 | 9182429 |
|  \* | Chubb Arabia Cooperative Insurance Co. | 96742 | 1084469 |
|  | City Cement Co. | 570014 | 3078669 |
|  | Co for Cooperative Insurance | 210906 | 7818709 |
|  | Dallah Healthcare Co. | 149879 | 4879196 |
|  \* | Dar Al Arkan Real Estate Development Co. | 3272403 | 19110998 |
|  | Dr. Sulaiman Al Habib Medical Services Group Co. | 225018 | 17176641 |
|  | East Pipes Integrated Co for Industry | 66702 | 2398620 |
|  | Eastern Province Cement Co. | 386154 | 3460543 |
|  | Electrical Industries Co. | 4858252 | 9230832 |
|  | Elm Co. | 8706 | 2409137 |
|  \* | Emaar Economic City | 1485621 | 6028061 |
|  | Etihad Etisalat Co. | 2662404 | 44601622 |
|  | First Milling Co. | 16387 | 256644 |
|  \* | Fitaihi Holding Group | 1173695 | 1259481 |
|  | Gulf Insurance Group | 235145 | 1624928 |
|  \* | Gulf Union Cooperative Insurance Co. | 279309 | 1059603 |
|  \* | Herfy Food Services Co. | 182422 | 1193588 |
|  | Jamjoom Pharmaceuticals Factory Co. | 41781 | 1931574 |
|  | Jarir Marketing Co. | 2283415 | 7689643 |
|  \* | Jazan Development & Investment Co. | 66589 | 206960 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |  |
|  | L'Azurde Co. for Jewelry | 202570 | $712787 |
|  | Leejam Sports Co. JSC | 163004 | 6093079 |
|  \* | Liva Insurance Co. | 64273 | 257389 |
|  \* | Lumi Rental Co. | 20528 | 337974 |
|  \* | Malath Cooperative Insurance Co. | 85249 | 315934 |
|  \* | Mediterranean & Gulf Cooperative Insurance & Reinsurance Co. | 371809 | 2222389 |
|  \* | Methanol Chemicals Co. | 209977 | 697662 |
|  \* | Middle East Healthcare Co. | 292858 | 5437227 |
|  \* | Middle East Paper Co. | 291268 | 2170562 |
|  \* | Middle East Specialized Cables Co. | 170077 | 1609501 |
|  | Mobile Telecommunications Co. Saudi Arabia | 5290605 | 18004795 |
|  | Mouwasat Medical Services Co. | 305500 | 5913789 |
|  | Nahdi Medical Co. | 128849 | 3902956 |
|  \* | Najran Cement Co. | 659158 | 1487992 |
|  \* | National Agriculture Development Co. | 1104538 | 6555178 |
|  | National Co. for Glass Industries | 135051 | 1636947 |
|  | National Co. for Learning & Education | 57688 | 2410897 |
|  | National Gas & Industrialization Co. | 161521 | 3814120 |
|  \* | National Gypsum | 111143 | 610983 |
|  \* | National Industrialization Co. | 2546301 | 6273173 |
|  | National Medical Care Co. | 97572 | 3881995 |
|  | Nayifat Finance Co. | 221509 | 756738 |
|  | Northern Region Cement Co. | 749399 | 1727269 |
|  \* | Perfect Presentation For Commercial Services Co. | 395583 | 1319639 |
|  | Power & Water Utility Co. for Jubail & Yanbu | 67112 | 783260 |
|  | Qassim Cement Co. | 319958 | 4505175 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |  |
|  \* | Rabigh Refining & Petrochemical Co. | 1418806 | $2693984 |
|  | Retal Urban Development Co. | 1157360 | 5207583 |
|  | Riyad Bank | 3508261 | 28800230 |
|  | Riyadh Cables Group Co. | 114535 | 3886067 |
|  | Riyadh Cement Co. | 152370 | 1378368 |
|  | SABIC Agri-Nutrients Co. | 743299 | 19580424 |
|  | Sahara International Petrochemical Co. | 1313196 | 6656657 |
|  | SAL Saudi Logistics Services | 43713 | 2130404 |
|  \* | Saudi Arabian Amiantit Co. | 108909 | 674759 |
|  \* | Saudi Arabian Cooperative Insurance Co. | 32131 | 132858 |
|  \* | Saudi Arabian Mining Co. | 2037951 | 27777993 |
|  W | Saudi Arabian Oil Co. | 8279408 | 55977060 |
|  | Saudi Aramco Base Oil Co. | 159214 | 4217638 |
|  | Saudi Automotive Services Co. | 283754 | 5000060 |
|  | Saudi Awwal Bank | 2391467 | 22377923 |
|  | Saudi Basic Industries Corp. | 1250991 | 20341940 |
|  | Saudi Cement Co. | 549722 | 6746737 |
|  \* | Saudi Ceramic Co. | 483377 | 3630964 |
|  \* | Saudi Chemical Co. Holding | 2395300 | 5420109 |
|  | Saudi Electricity Co. | 1553225 | 6202641 |
|  | Saudi Ground Services Co. | 10661 | 141771 |
|  | Saudi Industrial Investment Group | 1130997 | 4561733 |
|  | Saudi Investment Bank | 1535103 | 6167494 |
|  \* | Saudi Kayan Petrochemical Co. | 4059359 | 6245585 |
|  \* | Saudi Marketing Co. | 138051 | 754488 |
|  | Saudi National Bank | 4959856 | 47257608 |
|  | Saudi Paper Manufacturing Co. | 124577 | 2274977 |
|  \* | Saudi Pharmaceutical Industries & Medical Appliances Corp. | 317520 | 2158596 |
|  \* | Saudi Printing & Packaging Co. | 131139 | 427860 |
|  \* | Saudi Public Transport Co. | 613746 | 2691078 |

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**CONTINUED** 

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| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |  |  |
|  \* | Saudi Real Estate Co. | 873373 | $| 5385534 |
|  \* | Saudi Reinsurance Co. | 413469 |  | 5456603 |
|  \* | Saudi Research & Media Group | 194014 |  | 8963115 |
|  | Saudi Steel Pipe Co. | 120786 |  | 1781075 |
|  | Saudi Tadawul Group Holding Co. | 65998 |  | 3233037 |
|  | Saudi Telecom Co. | 6118051 |  | 77673341 |
|  | Saudia Dairy & Foodstuff Co. | 88424 |  | 7202357 |
|  \* | Savola Group | 751456 |  | 6278189 |
|  | Scientific & Medical Equipment House Co. | 83234 |  | 889777 |
|  \* | Seera Group Holding | 1274414 |  | 8319392 |
|  \* | Shams | 834057 |  | 192211 |
|  \* | SHL Finance Co. | 93444 |  | 500372 |
|  \* | Sinad Holding Co. | 546281 |  | 1710403 |
|  | Southern Province Cement Co. | 370813 |  | 3071101 |
|  | Sustained Infrastructure Holding Co. | 403393 |  | 3192299 |
|  | Tabuk Cement Co. | 296363 |  | 976086 |
|  \* | Takween Advanced Industries Co. | 186431 |  | 440836 |
|  | Tanmiah Food Co. | 43126 |  | 1220036 |
|  | Theeb Rent A Car Co. | 116854 |  | 2081544 |
|  \* | Umm Al-Qura Cement Co. | 306351 |  | 1469942 |
|  | United Electronics Co. | 258641 |  | 6478100 |
|  | United International Transportation Co. | 312389 |  | 6156258 |
|  | United Wire Factories Co. | 95864 |  | 639235 |
|  \* | Walaa Cooperative Insurance Co. | 567454 |  | 2877226 |
|  \* | Wataniya Insurance Co. | 144628 |  | 818526 |
|  | Yamama Cement Co. | 795912 |  | 7722867 |
|  | Yanbu Cement Co. | 511951 |  | 2978441 |
|  | Yanbu National Petrochemical Co. | 354435 |  | 3021838 |
|  | Zahrat Al Waha For Trading Co. | 21489 |  | 172252 |
|  TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA |  | 1031621269 |
|  SINGAPORE — (0.1%) | SINGAPORE — (0.1%) | SINGAPORE — (0.1%) | SINGAPORE — (0.1%) | SINGAPORE — (0.1%) |
|  W | BOC Aviation Ltd. | 1428500 |  | 10705713 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | China XLX Fertiliser Ltd. | 5425000 | $| 3122216 |
|  | SIIC Environment Holdings Ltd. (807 HK) | 259000 |  | 32066 |
|  TOTAL SINGAPORE | TOTAL SINGAPORE | TOTAL SINGAPORE |  | 13859995 |
|  SOUTH AFRICA — (3.1%) | SOUTH AFRICA — (3.1%) | SOUTH AFRICA — (3.1%) | SOUTH AFRICA — (3.1%) | SOUTH AFRICA — (3.1%) |
|  # | Absa Group Ltd. | 2977304 |  | 27477307 |
|  # | Adcock Ingram Holdings Ltd. | 473218 |  | 1249398 |
|  | Advtech Ltd. | 4509029 |  | 7505575 |
|  | AECI Ltd. | 896758 |  | 4948594 |
|  # | African Rainbow Minerals Ltd. | 846517 |  | 7097609 |
|  # | Afrimat Ltd. | 554364 |  | 1577625 |
|  # | Alexander Forbes Group Holdings Ltd. | 1456217 |  | 604468 |
|  | Altron Ltd., Class A | 390373 |  | 427055 |
|  # | Anglo American Platinum Ltd. | 179740 |  | 6155014 |
|  | Aspen Pharmacare Holdings Ltd. | 945638 |  | 6209530 |
|  | Astral Foods Ltd. | 335750 |  | 3122280 |
|  | AVI Ltd. | 2490745 |  | 12116012 |
|  | Barloworld Ltd. | 1774450 |  | 10335731 |
|  | Bid Corp. Ltd. | 625706 |  | 15724010 |
|  | Bidvest Group Ltd. | 1135276 |  | 14392323 |
|  \* | Blue Label Telecoms Ltd. | 3665341 |  | 1651918 |
|  #\* | Brait PLC | 12671344 |  | 1461806 |
|  | Capitec Bank Holdings Ltd. | 131737 |  | 24451201 |
|  | Cashbuild Ltd. | 138478 |  | 1142536 |
|  | Caxton & CTP Publishers & Printers Ltd. | 47312 |  | 30544 |
|  | City Lodge Hotels Ltd. | 1661297 |  | 363555 |
|  | Clicks Group Ltd. | 972762 |  | 20720304 |
|  | Coronation Fund Managers Ltd. | 1444004 |  | 2962682 |
|  | Curro Holdings Ltd. | 744739 |  | 357941 |
|  | DataTec Ltd. | 3779115 |  | 11762137 |
|  W | Dis-Chem Pharmacies Ltd. | 2466803 |  | 4191866 |
|  | Discovery Ltd. | 1323431 |  | 14700240 |
|  | DRDGOLD Ltd. (DRD SJ) | 1480774 |  | 2182055 |
|  | DRDGOLD Ltd. (DRD US), Sponsored ADR | 56108 |  | 836009 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |  |  |
|  | Exxaro Resources Ltd. | 1155929 | $9463423 |
|  | Famous Brands Ltd. | 462837 | 1405550 |
|  | FirstRand Ltd. | 9649057 | 37779350 |
|  | Foschini Group Ltd. | 2926995 | 20392956 |
|  | Gold Fields Ltd. (GFI US), Sponsored ADR | 2558539 | 57669469 |
|  | Grindrod Ltd. | 4606234 | 2874455 |
|  | Harmony Gold Mining Co. Ltd. (HAR SJ) | 523877 | 8231351 |
|  | Harmony Gold Mining Co. Ltd. (HMY US), Sponsored ADR | 3420798 | 54424896 |
|  | Hudaco Industries Ltd. | 251026 | 2525385 |
|  \* | Impala Platinum Holdings Ltd. | 2588237 | 15392572 |
|  | Investec Ltd. | 1112953 | 6946033 |
|  \* | iOCO Ltd. | 221301 | 35259 |
|  | Italtile Ltd. | 1042431 | 543827 |
|  | JSE Ltd. | 498375 | 3412955 |
|  \* | KAP Ltd. | 16081858 | 2407388 |
|  | Kumba Iron Ore Ltd. | 222284 | 3884017 |
|  | Lewis Group Ltd. | 1010427 | 3714032 |
|  | Life Healthcare Group Holdings Ltd. | 9723793 | 7660489 |
|  | Merafe Resources Ltd. | 8943082 | 539096 |
|  #\* | Metair Investments Ltd. | 1692660 | 675887 |
|  | Momentum Group Ltd. | 12938196 | 23679989 |
|  | Motus Holdings Ltd. | 1529134 | 7162803 |
|  | Mpact Ltd. | 1397429 | 2030203 |
|  | Mr. Price Group Ltd. | 1644895 | 21023186 |
|  | MTN Group Ltd. | 6877381 | 45516673 |
|  \* | MultiChoice Group | 1843837 | 10777627 |
|  \* | Nampak Ltd. | 1042 | 23692 |
|  | Naspers Ltd., Class N | 75500 | 19852129 |
|  | Nedbank Group Ltd. | 1505651 | 20564746 |
|  | Netcare Ltd. | 9958665 | 7317435 |
|  | Ninety One Ltd. | 1469152 | 2840154 |
|  | Northam Platinum Holdings Ltd. | 1595287 | 10707834 |
|  #\* | Nutun Ltd. | 2943568 | 292728 |
|  | Oceana Group Ltd. | 711632 | 2251169 |
|  | Old Mutual Ltd. (OMU SJ) | 22327535 | 13623447 |
|  | Omnia Holdings Ltd. | 1429073 | 5266468 |
|  | OUTsurance Group Ltd. | 1401260 | 5763369 |
|  W | Pepkor Holdings Ltd. | 8603590 | 12454670 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |  |  |
|  #\* | Pick n Pay Stores Ltd. | 3540524 | $5341055 |
|  | PPC Ltd. | 9879108 | 2471611 |
|  | Premier Group Ltd. | 7088 | 52295 |
|  | PSG Financial Services Ltd. | 2506476 | 2685456 |
|  \* | Rainbow Chicken | 234589 | 40694 |
|  | Raubex Group Ltd. | 1734622 | 4115592 |
|  | RCL Foods Ltd. | 234589 | 119902 |
|  | Reunert Ltd. | 1369701 | 4560346 |
|  | RFG Holdings Ltd. | 538736 | 540283 |
|  | Sanlam Ltd. | 2647454 | 12053976 |
|  | Santam Ltd. | 282456 | 6125527 |
|  | Sappi Ltd. | 5098640 | 9560333 |
|  \* | Sasol Ltd. (SOL SJ) | 1226575 | 4236667 |
|  | Sasol Ltd. (SSL US), Sponsored ADR | 508321 | 1768957 |
|  | Shoprite Holdings Ltd. | 1309526 | 20148600 |
|  \* | Sibanye Stillwater Ltd. (SBSW US), ADR | 948037 | 4408374 |
|  #\* | Sibanye Stillwater Ltd. (SSW SJ) | 12141369 | 13871531 |
|  | Southern Sun Ltd. | 1453283 | 645715 |
|  \* | SPAR Group Ltd. | 1100840 | 6783611 |
|  # | Spur Corp. Ltd. | 559689 | 1019600 |
|  | Stadio Holdings Ltd. | 205049 | 86471 |
|  | Standard Bank Group Ltd. | 3058216 | 38191470 |
|  | Sun International Ltd. | 1367748 | 2948961 |
|  | Super Group Ltd. | 3458718 | 5372219 |
|  \* | Telkom SA SOC Ltd. | 2692218 | 5702749 |
|  # | Thungela Resources Ltd. (TGA SJ) | 728436 | 3623832 |
|  | Tiger Brands Ltd. | 885084 | 13802992 |
|  # | Truworths International Ltd. | 2405542 | 9597011 |
|  | Tsogo Sun Ltd. | 2962927 | 1316500 |
|  | Vodacom Group Ltd. | 1561780 | 11555977 |
|  | We Buy Cars Holdings Ltd. | 696881 | 1617472 |
|  | Wilson Bayly Holmes-Ovcon Ltd. | 465567 | 4811188 |
|  | Woolworths Holdings Ltd. | 3676944 | 11401180 |
|  | Zeda Ltd. | 1944546 | 1093902 |
|  TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA | 868556086 |
|  SOUTH KOREA — (9.8%) | SOUTH KOREA — (9.8%) |  |  |
|  #\* | 3S Korea Co. Ltd. | 87684 | 143407 |
|  #\* | ABco Electronics Co. Ltd. | 38148 | 130139 |
|  | Able C&C Co. Ltd. | 14696 | 70829 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | ABOV Semiconductor Co. Ltd. | 18673 | $132187 |
|  #\* | Abpro Bio Co. Ltd. | 780310 | 167954 |
|  #\* | ADTechnology Co. Ltd. | 26899 | 282741 |
|  # | Advanced Nano Products Co. Ltd. | 12078 | 459629 |
|  # | Advanced Process Systems Corp. | 73861 | 885353 |
|  # | Aekyung Chemical Co. Ltd. | 108169 | 871812 |
|  # | Aekyung Industrial Co. Ltd. | 62826 | 601429 |
|  #\* | Agabang & Company | 125984 | 620571 |
|  # | Ahnlab, Inc. | 27254 | 1287237 |
|  \* | Air Busan Co. Ltd. | 247041 | 356594 |
|  | AJ Networks Co. Ltd. | 16939 | 44171 |
|  # | Ajin Industrial Co. Ltd. | 283426 | 588441 |
|  | AK Holdings, Inc. | 29430 | 223086 |
|  \* | Alteogen, Inc. | 16372 | 4038318 |
|  #\* | ALUKO Co. Ltd. | 401243 | 598261 |
|  #\* | Amicogen, Inc. | 89576 | 214461 |
|  \* | Aminologics Co. Ltd. | 122330 | 81733 |
|  #\* | Amo Greentech Co. Ltd. | 45108 | 184069 |
|  # | Amorepacific Corp. | 30653 | 2688320 |
|  # | Amorepacific Holdings Corp. | 86651 | 1401756 |
|  #\* | Anam Electronics Co. Ltd. | 221968 | 213745 |
|  #\* | Ananti, Inc. | 386500 | 1839265 |
|  #\* | Anapass, Inc. | 25811 | 353033 |
|  #\* | Anterogen Co. Ltd. | 20305 | 323068 |
|  | Aplus Asset Advisor Co. Ltd. | 9766 | 32418 |
|  \* | Aprogen, Inc. | 347100 | 169970 |
|  #\* | APS, Inc. | 68815 | 285315 |
|  \* | APT Neuroscience, Inc. | 27379 | 21567 |
|  # | Asia Cement Co. Ltd. | 136795 | 1058444 |
|  | ASIA Holdings Co. Ltd. | 6687 | 1227262 |
|  #\* | Asia Pacific Satellite, Inc. | 20034 | 174415 |
|  # | Asia Paper Manufacturing Co. Ltd. | 209894 | 1020178 |
|  \* | Asiana Airlines, Inc. | 65155 | 434181 |
|  | Atec Co. Ltd. | 28831 | 593378 |
|  # | Atinum Investment Co. Ltd. | 241130 | 382703 |
|  # | ATON, Inc. | 32411 | 129523 |
|  # | Avaco Co. Ltd. | 36413 | 336649 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | Avatec Co. Ltd. | 20074 | $114813 |
|  # | Baiksan Co. Ltd. | 100615 | 1006276 |
|  # | BGF Co. Ltd. | 229686 | 579310 |
|  # | BGF retail Co. Ltd. | 33806 | 2554564 |
|  | BGFecomaterials Co. Ltd. | 97022 | 200590 |
|  # | BH Co. Ltd. | 251024 | 2174809 |
|  #\* | BHI Co. Ltd. | 83532 | 1659653 |
|  | Binggrae Co. Ltd. | 44141 | 2933528 |
|  # | Bio Plus Co. Ltd. | 190704 | 1026734 |
|  \* | Biodyne Co. Ltd. | 76846 | 800889 |
|  #\* | Bioneer Corp. | 39607 | 437788 |
|  | BioNote, Inc. | 32497 | 104587 |
|  #\* | BioSmart Co. Ltd. | 36164 | 95113 |
|  # | BIT Computer Co. Ltd. | 32598 | 121596 |
|  #\* | BNC Korea Co. Ltd. | 152347 | 445261 |
|  # | BNK Financial Group, Inc. | 981017 | 7150662 |
|  # | Boditech Med, Inc. | 79600 | 967489 |
|  \* | Bohae Brewery Co. Ltd. | 405514 | 134228 |
|  | BoKwang Industry Co. Ltd. | 23860 | 69591 |
|  | Bookook Securities Co. Ltd. | 9766 | 188484 |
|  # | Boryung | 199262 | 1186783 |
|  \* | Bosung Power Technology Co. Ltd. | 113423 | 234121 |
|  \*†† | Bucket Studio Co. Ltd. | 176492 | 26818 |
|  #\* | Bukwang Pharmaceutical Co. Ltd. | 108715 | 306402 |
|  | BYC Co. Ltd. | 7010 | 139736 |
|  # | Byucksan Corp. | 320900 | 552038 |
|  # | C&C International Co. Ltd. | 17848 | 404331 |
|  # | C&G Hi Tech Co. Ltd. | 17906 | 164429 |
|  #\* | Cafe24 Corp. | 81934 | 3455378 |
|  \* | CammSys Corp. | 280722 | 138513 |
|  # | Cape Industries Ltd. | 123700 | 565782 |
|  # | Caregen Co. Ltd. | 84684 | 1418572 |
|  #\* | Celltrion Pharm, Inc. | 30325 | 1024029 |
|  | Celltrion, Inc. | 173446 | 19669952 |
|  #\* | Chabiotech Co. Ltd. | 60535 | 467726 |
|  | Changhae Ethanol Co. Ltd. | 22808 | 156380 |
|  | Cheil Electric Co. Ltd. | 8055 | 49283 |
|  | Cheil Worldwide, Inc. | 359176 | 4687805 |
|  # | Chemtronics Co. Ltd. | 80307 | 1256187 |
|  #\* | Chemtros Co. Ltd. | 49361 | 157511 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | Cheryong Electric Co. Ltd. | 60381 | $1331717 |
|  \* | ChinHung International, Inc. | 154964 | 84625 |
|  | Chinyang Holdings Corp. | 117186 | 251492 |
|  # | Chips&Media, Inc. | 41918 | 483615 |
|  #\* | Choil Aluminum Co. Ltd. | 286501 | 343134 |
|  # | Chong Kun Dang Pharmaceutical Corp. | 43692 | 2501375 |
|  # | Chongkundang Holdings Corp. | 18955 | 618563 |
|  # | Choong Ang Vaccine Laboratory | 20312 | 140185 |
|  #\* | Chorokbaem Media Co. Ltd. | 85628 | 296068 |
|  #\* | Chunbo Co. Ltd. | 7834 | 199526 |
|  \* | CJ Bioscience, Inc. | 11288 | 81459 |
|  #\* | CJ CGV Co. Ltd. | 481945 | 1647787 |
|  # | CJ CheilJedang Corp. | 50127 | 8430628 |
|  # | CJ Corp. | 78613 | 6871848 |
|  \* | CJ ENM Co. Ltd. | 96156 | 4182293 |
|  | CJ Freshway Corp. | 58587 | 1000551 |
|  | CJ Logistics Corp. | 54766 | 3194832 |
|  #\* | CJ Seafood Corp. | 77976 | 172405 |
|  # | CKD Bio Corp. | 21707 | 351427 |
|  # | Classys, Inc. | 64487 | 2915940 |
|  # | CLIO Cosmetics Co. Ltd. | 21177 | 268484 |
|  #\* | CMG Pharmaceutical Co. Ltd. | 291151 | 505370 |
|  \* | CoAsia Corp. | 29968 | 66962 |
|  #\* | Com2uS Holdings Corp. | 27423 | 383395 |
|  # | Com2uSCorp. | 53640 | 1484968 |
|  \* | ContentreeJoongAng Corp. | 22780 | 154326 |
|  | Coocon Corp. | 11877 | 168631 |
|  \* | Coreana Cosmetics Co. Ltd. | 51965 | 88545 |
|  \* | Corentec Co. Ltd. | 23699 | 106612 |
|  # | Cosmax, Inc. | 51466 | 6245597 |
|  # | Cosmecca Korea Co. Ltd. | 36441 | 1108216 |
|  #\* | CosmoAM&T Co. Ltd. | 22842 | 632730 |
|  #\* | Cosmochemical Co. Ltd. | 58290 | 635738 |
|  | Coway Co. Ltd. | 49095 | 3022802 |
|  # | Cowintech Co. Ltd. | 42377 | 385318 |
|  | CR Holdings Co. Ltd. | 100156 | 367586 |
|  #\* | Creative & Innovative System | 232499 | 1181759 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | Creverse, Inc. | 31119 | $314166 |
|  #\* | CrystalGenomics Invites Co. Ltd. | 122602 | 173299 |
|  # | CS Wind Corp. | 79296 | 2164610 |
|  #\* | CTC BIO, Inc. | 33326 | 161381 |
|  #\* | Cube Entertainment, Inc. | 24558 | 339641 |
|  # | Cuckoo Holdings Co. Ltd. | 56781 | 970643 |
|  # | Cuckoo Homesys Co. Ltd. | 64255 | 1029515 |
|  # | Cymechs, Inc. | 24002 | 192341 |
|  \* | D&C Media Co. Ltd. | 2025 | 25296 |
|  # | D.I Corp. | 104038 | 1026609 |
|  \*†† | DA Technology Co. Ltd. | 544765 | 14563 |
|  # | Dae Hwa Pharmaceutical Co. Ltd. | 33963 | 355907 |
|  | Dae Hyun Co. Ltd. | 41603 | 57500 |
|  # | Dae Won Kang Up Co. Ltd. | 282319 | 774308 |
|  \*†† | Dae Yu Co. Ltd. | 20309 | 6158 |
|  #\* | Daea TI Co. Ltd. | 144672 | 415705 |
|  \* | Daebo Magnetic Co. Ltd. | 9206 | 77201 |
|  # | Daebongls Co. Ltd. | 29738 | 278031 |
|  #\* | Daechang Co. Ltd. | 277674 | 256084 |
|  # | Daechang Forging Co. Ltd. | 61541 | 222225 |
|  # | Daedong Corp. | 138130 | 999635 |
|  | Daeduck Co. Ltd. | 156659 | 871815 |
|  # | Daeduck Electronics Co. Ltd. | 199522 | 1958657 |
|  # | Daehan Flour Mill Co. Ltd. | 7396 | 680209 |
|  # | Daehan New Pharm Co. Ltd. | 31279 | 152444 |
|  # | Daehan Steel Co. Ltd. | 88641 | 1000177 |
|  \* | Daeho AL Co. Ltd. | 12818 | 16934 |
|  #\* | Dae-Il Corp. | 175524 | 579634 |
|  # | Daejoo Electronic Materials Co. Ltd. | 33543 | 1943429 |
|  # | Daeryuk Can Co. Ltd. | 73845 | 198518 |
|  # | Daesang Corp. | 176173 | 2961097 |
|  # | Daesang Holdings Co. Ltd. | 126994 | 951410 |
|  | Daesung Energy Co. Ltd. | 48721 | 266809 |
|  \* | Daesung Industrial Co. Ltd. | 31289 | 75023 |
|  \* | Daesung Private Equity, Inc. | 23583 | 44194 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  #\* | Daewon Cable Co. Ltd. | 258520 | $508816 |
|  #\* | Daewon Media Co. Ltd. | 40281 | 317185 |
|  # | Daewon Pharmaceutical Co. Ltd. | 104665 | 1015743 |
|  # | Daewon San Up Co. Ltd. | 82221 | 445353 |
|  #\* | Daewoo Engineering & Construction Co. Ltd. | 1392098 | 3473210 |
|  # | Daewoong Co. Ltd. | 127245 | 1816065 |
|  # | Daewoong Pharmaceutical Co. Ltd. | 24471 | 2378001 |
|  \* | Dahaam E-Tec Co. Ltd. | 1420 | 0 |
|  | Daihan Pharmaceutical Co. Ltd. | 35920 | 667064 |
|  | Daishin Securities Co. Ltd. | 250641 | 3156873 |
|  #\* | Danal Co. Ltd. | 345371 | 700491 |
|  # | Daol Investment & Securities Co. Ltd. | 309984 | 739076 |
|  # | Daou Data Corp. | 126156 | 1050863 |
|  | Daou Technology, Inc. | 226287 | 3456112 |
|  #\* | Dasan Networks, Inc. | 181538 | 354173 |
|  #\* | Dawonsys Co. Ltd. | 90948 | 552181 |
|  # | DB HiTek Co. Ltd. | 228736 | 6183442 |
|  | DB Insurance Co. Ltd. | 288688 | 18598814 |
|  | DB Securities Co. Ltd. | 254025 | 1136010 |
|  #\* | DB, Inc. | 776991 | 706820 |
|  # | DCM Corp. | 26523 | 234270 |
|  \* | DE&T Co. Ltd. | 13370 | 53786 |
|  # | Dear U Co. Ltd. | 22760 | 763121 |
|  \* | Dentis Co. Ltd. | 13365 | 61060 |
|  # | Dentium Co. Ltd. | 36685 | 1882959 |
|  # | Deutsch Motors, Inc. | 143356 | 474073 |
|  # | Device Co. Ltd. | 31223 | 240825 |
|  #\* | Devsisters Co. Ltd. | 5387 | 149780 |
|  #\* | Dexter Studios Co. Ltd. | 45328 | 216551 |
|  | DI Dong Il Corp. | 92396 | 2687946 |
|  | Digital Daesung Co. Ltd. | 111316 | 598177 |
|  #\* | DIO Corp. | 27615 | 378107 |
|  | DIT Corp. | 9072 | 81992 |
|  #\* | DK Tech Co. Ltd. | 42828 | 215705 |
|  # | DL E&C Co. Ltd. | 230222 | 7036649 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | DL Holdings Co. Ltd. | 83841 | $1916325 |
|  \* | DMOA Co. Ltd. | 11612 | 39771 |
|  | DMS Co. Ltd. | 131021 | 583442 |
|  # | DN Automotive Corp. | 152491 | 2208266 |
|  | DNF Co. Ltd. | 12682 | 100509 |
|  # | Dohwa Engineering Co. Ltd. | 77957 | 359192 |
|  | Dong-A Hwasung Co. Ltd. | 13769 | 54464 |
|  # | Dong-A Socio Holdings Co. Ltd. | 25074 | 1822105 |
|  # | Dong-A ST Co. Ltd. | 22192 | 750938 |
|  | Dong-Ah Geological Engineering Co. Ltd. | 4069 | 42337 |
|  # | Dongbang Transport Logistics Co. Ltd. | 355467 | 595729 |
|  | Dongil Industries Co. Ltd. | 9770 | 294016 |
|  # | Dongjin Semichem Co. Ltd. | 174976 | 3582732 |
|  # | Dongkoo Bio & Pharma Co. Ltd. | 86819 | 330880 |
|  # | DongKook Pharmaceutical Co. Ltd. | 154988 | 1655701 |
|  | Dongkuk CM Co. Ltd. | 97921 | 433447 |
|  # | Dongkuk Holdings Co. Ltd. | 98652 | 499887 |
|  # | Dongkuk Industries Co. Ltd. | 235708 | 619570 |
|  # | Dongkuk Steel Mill Co. Ltd. | 205927 | 1328390 |
|  #\* | Dongkuk Structures & Construction Co. Ltd. | 140793 | 230454 |
|  | Dongshin Engineering & Construction | 999 | 35862 |
|  # | Dongsuh Cos., Inc. | 54216 | 992944 |
|  # | Dongsung Chemical Co. Ltd. | 264139 | 764568 |
|  # | Dongsung Finetec Co. Ltd. | 95213 | 1661250 |
|  #\* | Dongwha Enterprise Co. Ltd. | 56722 | 339071 |
|  # | Dongwha Pharm Co. Ltd. | 137560 | 607904 |
|  | Dongwon Development Co. Ltd. | 290298 | 476418 |
|  | Dongwon F&B Co. Ltd. | 54401 | 1410510 |

---

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  # | Dongwon Metal Co. Ltd. | 193755 | $208723 |
|  # | Dongwon Systems Corp. | 31909 | 733457 |
|  # | Dongwoon Anatech Co. Ltd. | 93673 | 1388855 |
|  # | Dongyang E&P, Inc. | 47505 | 671824 |
|  #\* | Dongyang Steel Pipe Co. Ltd. | 461792 | 446843 |
|  # | Doosan Bobcat, Inc. | 310166 | 10663669 |
|  # | Doosan Co. Ltd. | 36240 | 7709200 |
|  \* | Doosan Enerbility Co. Ltd. | 954007 | 19382146 |
|  #\* | Doosan Fuel Cell Co. Ltd. | 84174 | 903172 |
|  # | Doosan Tesna, Inc. | 62085 | 1102399 |
|  | DoubleUGames Co. Ltd. | 98692 | 3916029 |
|  | Douzone Bizon Co. Ltd. | 77556 | 3326944 |
|  #\* | Dream Security Co. Ltd. | 205854 | 504377 |
|  # | Dreamtech Co. Ltd. | 211291 | 946664 |
|  \* | DRTECH Corp. | 86895 | 115597 |
|  # | DSC Investment, Inc. | 19121 | 95498 |
|  #\* | DSK Co. Ltd. | 62900 | 219640 |
|  #\* | Duk San Neolux Co. Ltd. | 48214 | 1010268 |
|  #\* | Duksan Hi-Metal Co. Ltd. | 75610 | 216625 |
|  #\* | Duksan Techopia Co. Ltd. | 14836 | 232648 |
|  | Dukshinepc Co. Ltd. | 37803 | 44476 |
|  # | Duksung Co. Ltd. | 55282 | 243469 |
|  | DY Corp. | 117598 | 327787 |
|  # | DY Deokyang Co. Ltd. | 69669 | 137889 |
|  | DY POWER Corp. | 54906 | 451415 |
|  \*†† | E Investment&Development Co. Ltd. | 198639 | 36472 |
|  # | Easy Bio, Inc. | 77288 | 296039 |
|  | Easy Holdings Co. Ltd. | 269485 | 650592 |
|  # | Echo Marketing, Inc. | 87351 | 510168 |
|  # | Ecoplastic Corp. | 196139 | 411281 |
|  #\* | Ecopro BM Co. Ltd. | 58353 | 4156489 |
|  # | Ecopro Co. Ltd. | 76313 | 2728265 |
|  # | Ecopro HN Co. Ltd. | 50433 | 992118 |
|  # | e-Credible Co. Ltd. | 16746 | 172026 |
|  \*†† | Ehwa Technologies Information Co. Ltd. | 397669 | 47278 |
|  # | Elentec Co. Ltd. | 114585 | 401063 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | E-MART, Inc. | 62612 | $4028034 |
|  #\* | EMKOREA Co. Ltd. | 119651 | 178998 |
|  #\* | EMRO, Inc. | 22884 | 857417 |
|  #\* | EM-Tech Co. Ltd. | 55505 | 476127 |
|  #\* | Enchem Co. Ltd. | 8658 | 482468 |
|  # | ENF Technology Co. Ltd. | 86961 | 1510688 |
|  \* | Envioneer Co. Ltd. | 3584 | 47059 |
|  #\* | Enzychem Lifesciences Corp. | 439461 | 358391 |
|  # | Eo Technics Co. Ltd. | 12201 | 988141 |
|  \*†† | E-TRON Co. Ltd. | 1461912 | 38566 |
|  #\* | Eubiologics Co. Ltd. | 135663 | 1254226 |
|  # | Eugene Corp. | 330643 | 811612 |
|  | Eugene Investment & Securities Co. Ltd. | 501163 | 976806 |
|  | Eugene Technology Co. Ltd. | 39552 | 947349 |
|  # | Eusu Holdings Co. Ltd. | 87518 | 341539 |
|  \* | Eutilex Co. Ltd. | 23781 | 25637 |
|  #\* | EV Advanced Material Co. Ltd. | 210478 | 213414 |
|  \* | Everybot, Inc. | 8856 | 86884 |
|  #\* | E-World | 207599 | 206318 |
|  #\* | Exem Co. Ltd. | 146942 | 222709 |
|  # | Exicon Co. Ltd. | 30873 | 222148 |
|  # | F&F Co. Ltd. | 74445 | 3696398 |
|  # | F&F Holdings Co. Ltd. | 18853 | 167746 |
|  # | FarmStory Co. Ltd. | 430884 | 366953 |
|  #\* | Fine M-Tec Co. Ltd. | 96475 | 358820 |
|  #\* | Fine Semitech Corp. | 41746 | 519461 |
|  #\* | Firstec Co. Ltd. | 71326 | 180142 |
|  \*†† | Flask Co. Ltd. | 108978 | 45366 |
|  #\* | Foosung Co. Ltd. | 211964 | 653631 |
|  | Fursys, Inc. | 12961 | 408873 |
|  # | Gabia, Inc. | 59622 | 924483 |
|  #\* | GAEASOFT | 81836 | 569121 |
|  # | Galaxia Moneytree Co. Ltd. | 46249 | 272043 |
|  #\* | GAMSUNG Corp. Co. Ltd. | 373630 | 951328 |
|  #\* | Gaon Cable Co. Ltd. | 24046 | 1025657 |
|  #\* | Gaonchips Co. Ltd. | 11842 | 342412 |
|  #\* | GC Cell Corp. | 43621 | 632621 |
|  #\* | GeneOne Life Science, Inc. | 251123 | 409110 |
|  \* | Genexine, Inc. | 122611 | 395348 |
|  \* | Genic Co. Ltd. | 114 | 1967 |
|  \* | Genohco, Inc. | 6154 | 72727 |
|  | Genoray Co. Ltd. | 26427 | 103127 |
|  | Geumhwa PSC Co. Ltd. | 18966 | 351042 |
|  \* | Giantstep, Inc. | 21854 | 104827 |

---

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | Global Standard Technology Co. Ltd. | 137330 | $1657230 |
|  #\* | Global Tax Free Co. Ltd. | 179595 | 704192 |
|  #\* | GnBS eco Co. Ltd. | 56322 | 138697 |
|  # | GnCenergy Co. Ltd. | 42135 | 674575 |
|  # | GOLFZON Co. Ltd. | 36421 | 1679657 |
|  # | Golfzon Holdings Co. Ltd. | 139268 | 457660 |
|  | Gradiant Corp. | 61870 | 592094 |
|  # | Grand Korea Leisure Co. Ltd. | 170697 | 1458543 |
|  # | Green Cross Corp. | 25112 | 2191316 |
|  # | Green Cross Holdings Corp. | 130107 | 1280637 |
|  | Green Cross Wellbeing Corp. | 16944 | 93326 |
|  \*†† | Green Pine Tree Co. Ltd. | 5152 | 681 |
|  # | GS Engineering & Construction Corp. | 425191 | 5465785 |
|  # | GS Global Corp. | 330057 | 595307 |
|  # | GS Holdings Corp. (078930 KS) | 286239 | 7783173 |
|  #\* | GS P&L Co. Ltd. | 48714 | 724875 |
|  # | GS Retail Co. Ltd. | 205379 | 2137409 |
|  # | Gwangju Shinsegae Co. Ltd. | 22418 | 439472 |
|  # | HAESUNG DS Co. Ltd. | 90361 | 1468679 |
|  | Haesung Industrial Co. Ltd. | 91361 | 417378 |
|  | Haitai Confectionery & Foods Co. Ltd. | 19051 | 94222 |
|  # | Han Kuk Carbon Co. Ltd. | 166710 | 2278422 |
|  | Hana Financial Group, Inc. | 1067174 | 48396431 |
|  # | Hana Materials, Inc. | 44278 | 864329 |
|  # | Hana Micron, Inc. | 305097 | 2336850 |
|  | Hana Pharm Co. Ltd. | 28969 | 235487 |
|  \* | Hana Technology Co. Ltd. | 7500 | 105214 |
|  # | Hana Tour Service, Inc. | 65495 | 2397758 |
|  #\* | Hanall Biopharma Co. Ltd. | 20039 | 391632 |
|  # | Hancom, Inc. | 96877 | 1458345 |
|  | Handok, Inc. | 62721 | 516195 |
|  # | Handsome Co. Ltd. | 75988 | 826634 |
|  # | Hanil Cement Co. Ltd. | 167873 | 2117442 |
|  # | Hanil Feed Co. Ltd. | 144738 | 362810 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Hanil Holdings Co. Ltd. | 90780 | $945725 |
|  # | Hanil Hyundai Cement Co. Ltd. | 12305 | 136373 |
|  | Hanjin Heavy Industries & Construction Holdings Co. Ltd. | 21557 | 73795 |
|  # | Hanjin Kal Corp. | 12473 | 694552 |
|  # | Hanjin Transportation Co. Ltd. | 62196 | 838097 |
|  \* | Hankook Cosmetics Co. Ltd. | 16871 | 83705 |
|  # | Hankook Cosmetics Manufacturing Co. Ltd. | 4785 | 186833 |
|  # | Hankook Shell Oil Co. Ltd. | 3654 | 951321 |
|  | Hankook Tire & Technology Co. Ltd. | 400532 | 11633777 |
|  | Hanmi Pharm Co. Ltd. | 22090 | 4178205 |
|  # | Hanmi Science Co. Ltd. | 35933 | 734517 |
|  # | Hanmi Semiconductor Co. Ltd. | 114428 | 6123887 |
|  # | HanmiGlobal Co. Ltd. | 57057 | 644187 |
|  # | Hannong Chemicals, Inc. | 23594 | 247672 |
|  #\* | Hanon Systems | 673844 | 1688602 |
|  # | Hansae Co. Ltd. | 112141 | 880615 |
|  | Hansae Yes24 Holdings Co. Ltd. | 38483 | 101519 |
|  # | Hanshin Construction Co. Ltd. | 32542 | 164703 |
|  # | Hanshin Machinery Co | 74173 | 159077 |
|  # | Hansol Chemical Co. Ltd. | 43603 | 3553027 |
|  | Hansol Holdings Co. Ltd. | 240322 | 419251 |
|  \* | Hansol HomeDeco Co. Ltd. | 153804 | 79993 |
|  #\* | Hansol IONES Co. Ltd. | 63983 | 347790 |
|  | Hansol Paper Co. Ltd. | 117240 | 691150 |
|  | Hansol Technics Co. Ltd. | 215219 | 722957 |
|  # | Hanssem Co. Ltd. | 22127 | 660728 |
|  \* | Hansung Cleantech Co. Ltd. | 61437 | 50932 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | Hanwha Aerospace Co. Ltd. | 64442 | $36216635 |
|  # | Hanwha Corp. | 31527 | 1069294 |
|  \* | Hanwha Engine | 138493 | 2661708 |
|  \* | Hanwha Galleria Corp. | 17929 | 15078 |
|  # | Hanwha General Insurance Co. Ltd. | 295417 | 846964 |
|  #\* | Hanwha Investment & Securities Co. Ltd. | 643006 | 1555000 |
|  #\* | Hanwha Life Insurance Co. Ltd. | 1637750 | 3055011 |
|  \* | Hanwha Ocean Co. Ltd. | 47577 | 2628765 |
|  # | Hanwha Solutions Corp. | 368883 | 7755420 |
|  # | Hanwha Systems Co. Ltd. | 150787 | 4154293 |
|  #\* | Hanwha Vision Co. Ltd. | 103125 | 4375621 |
|  #\* | Hanyang Digitech Co. Ltd. | 28484 | 195336 |
|  | Hanyang Eng Co. Ltd. | 91976 | 1051622 |
|  | Hanyang Securities Co. Ltd. | 53559 | 504194 |
|  #\* | Harim Co. Ltd. | 531512 | 1143676 |
|  # | Harim Holdings Co. Ltd. | 394266 | 1657753 |
|  # | HB SOLUTION Co. Ltd. | 175376 | 300294 |
|  # | HB Technology Co. Ltd. | 383129 | 526280 |
|  | HD Hyundai Co. Ltd. | 227855 | 12601529 |
|  # | HD Hyundai Construction Equipment Co. Ltd. | 93006 | 4428919 |
|  # | HD Hyundai Electric Co. Ltd. | 58843 | 12805694 |
|  #\* | HD Hyundai Energy Solutions Co. Ltd. | 22338 | 449177 |
|  | HD Hyundai Heavy Industries Co. Ltd. | 11514 | 3256496 |
|  # | HD Hyundai Infracore Co. Ltd. | 1212733 | 7045225 |
|  # | HD Hyundai Mipo | 17859 | 2097955 |
|  | HD Korea Shipbuilding & Offshore Engineering Co. Ltd. | 76925 | 14715495 |
|  # | HDC Holdings Co. Ltd. | 176861 | 2390914 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | HDC Hyundai Development Co-Engineering & Construction | 267874 | $4686939 |
|  | HDC Hyundai Engineering Plastics Co. Ltd. | 50160 | 127324 |
|  | HDCLabs Co. Ltd. | 9834 | 61875 |
|  \* | HD-Hyundai Marine Engine | 59796 | 1555545 |
|  # | Hecto Financial Co. Ltd. | 16393 | 160938 |
|  | Hecto Innovation Co. Ltd. | 52220 | 433471 |
|  #\* | Helixmith Co. Ltd. | 133968 | 249914 |
|  #\* | Heung-A Shipping Co. Ltd. | 336219 | 368613 |
|  \* | Heungkuk Fire & Marine Insurance Co. Ltd. | 12541 | 30249 |
|  #\* | HFR, Inc. | 28334 | 365174 |
|  \* | Hironic Co. Ltd. | 11686 | 41844 |
|  # | Hite Jinro Co. Ltd. | 220494 | 2998307 |
|  # | Hitejinro Holdings Co. Ltd. | 51470 | 308682 |
|  #\* | HJ Shipbuilding & Construction Co. Ltd. | 75838 | 419523 |
|  # | HK inno N Corp. | 89143 | 2527464 |
|  \* | HL D&I Halla Corp. | 137257 | 239189 |
|  | HL Holdings Corp. | 38030 | 979192 |
|  | HL Mando Co. Ltd. | 295489 | 7753224 |
|  #\* | HLB Biostep Co. Ltd. | 84267 | 96987 |
|  \* | HLB Life Science Co. Ltd. | 120225 | 531522 |
|  \* | Hlb Pharma Ceutical Co. Ltd. | 3903 | 54701 |
|  \* | HLB, Inc. | 34349 | 1369768 |
|  # | HMM Co. Ltd. | 757193 | 9745399 |
|  | Home Center Holdings Co. Ltd. | 540129 | 316437 |
|  \* | Homecast Co. Ltd. | 50710 | 90439 |
|  #\* | Hotel Shilla Co. Ltd. | 93443 | 2886642 |
|  | HPSP Co. Ltd. | 27625 | 437164 |
|  | HS Hwasung Co. Ltd. | 45712 | 319951 |
|  # | HS Hyosung Advanced Materials Corp. | 16321 | 2041227 |
|  #\* | HS Hyosung Corp. | 10006 | 287736 |
|  | HS Industries Co. Ltd. | 275545 | 909403 |
|  #\* | Hugel, Inc. | 18915 | 4846839 |
|  #\* | Humasis Co. Ltd. | 100082 | 95129 |
|  # | Humedix Co. Ltd. | 34240 | 964313 |

---

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Huons Co. Ltd. | 49209 | $876399 |
|  # | Huons Global Co. Ltd. | 52312 | 1842904 |
|  # | Husteel Co. Ltd. | 236855 | 798864 |
|  #\* | Huvis Corp. | 129579 | 256600 |
|  # | Huvitz Co. Ltd. | 53082 | 279609 |
|  # | Hwa Shin Co. Ltd. | 177546 | 984377 |
|  \* | Hwail Pharm Co. Ltd. | 211966 | 161660 |
|  # | Hwangkum Steel & Technology Co. Ltd. | 67513 | 248622 |
|  # | Hwaseung Enterprise Co. Ltd. | 75457 | 411790 |
|  | HYBE Co. Ltd. | 22088 | 4156521 |
|  #\* | Hydro Lithium, Inc. | 80337 | 91799 |
|  # | Hy-Lok Corp. | 63254 | 1284222 |
|  # | Hyosung Corp. | 44956 | 1678414 |
|  # | Hyosung Heavy Industries Corp. | 27480 | 9504557 |
|  # | Hyosung TNC Corp. | 22897 | 3830207 |
|  | HyosungITX Co. Ltd. | 718 | 6086 |
|  # | Hyundai Autoever Corp. | 21556 | 1868278 |
|  # | Hyundai Bioland Co. Ltd. | 105161 | 319420 |
|  # | Hyundai BNG Steel Co. Ltd. | 68695 | 589601 |
|  # | HYUNDAI Corp. | 57954 | 925966 |
|  | Hyundai Corp. Holdings, Inc. | 28838 | 221574 |
|  # | Hyundai Department Store Co. Ltd. | 111597 | 4687890 |
|  # | Hyundai Elevator Co. Ltd. | 103366 | 5366420 |
|  # | Hyundai Engineering & Construction Co. Ltd. | 269019 | 7883778 |
|  | HYUNDAI EVERDIGM Corp. | 8126 | 48953 |
|  # | Hyundai Ezwel Co. Ltd. | 36568 | 136379 |
|  | Hyundai Futurenet Co. Ltd. | 184793 | 373647 |
|  # | Hyundai GF Holdings | 338856 | 1297809 |
|  | Hyundai Glovis Co. Ltd. | 193833 | 15541882 |
|  | Hyundai Green Food | 76571 | 838139 |
|  | Hyundai Home Shopping Network Corp. | 19864 | 678307 |
|  | Hyundai Livart Furniture Co. Ltd. | 86464 | 441884 |
|  #\* | Hyundai Marine & Fire Insurance Co. Ltd. | 395841 | 6193722 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Hyundai Mobis Co. Ltd. | 103028 | $19339238 |
|  | Hyundai Motor Co. | 509049 | 68212316 |
|  | Hyundai Motor Securities Co. Ltd. | 229036 | 1052887 |
|  # | Hyundai Movex Co. Ltd. | 67760 | 213901 |
|  # | Hyundai Pharmaceutical Co. Ltd. | 45478 | 108273 |
|  # | Hyundai Rotem Co. Ltd. | 236944 | 18675694 |
|  | Hyundai Steel Co | 291064 | 5010759 |
|  | Hyundai Wia Corp. | 133803 | 4026952 |
|  # | HyVision System, Inc. | 92185 | 1028220 |
|  # | i3system, Inc. | 23713 | 951046 |
|  #\* | iA, Inc. | 845469 | 125630 |
|  \* | ICD Co. Ltd. | 28399 | 82475 |
|  \* | Icure Pharm, Inc. | 78236 | 114817 |
|  # | iFamilySC Co. Ltd. | 55151 | 807174 |
|  \* | Il Dong Pharmaceutical Co. Ltd. | 9108 | 75758 |
|  # | Iljin Diamond Co. Ltd. | 23010 | 198273 |
|  # | Iljin Electric Co. Ltd. | 66207 | 1176520 |
|  # | Iljin Holdings Co. Ltd. | 107525 | 288958 |
|  #\* | Iljin Hysolus Co. Ltd. | 15390 | 146574 |
|  # | Iljin Power Co. Ltd. | 32263 | 208384 |
|  | Ilshin Spinning Co. Ltd. | 99381 | 604848 |
|  #\* | Ilshin Stone Co. Ltd. | 114355 | 177366 |
|  | Ilyang Pharmaceutical Co. Ltd. | 72748 | 630148 |
|  # | iM Financial Group Co. Ltd. | 1061547 | 7675381 |
|  | iMarketKorea, Inc. | 130852 | 731159 |
|  # | InBody Co. Ltd. | 69008 | 1172269 |
|  | Incar Financial Service Co. Ltd. | 18774 | 109860 |
|  | Incross Co. Ltd. | 7621 | 39012 |
|  # | Industrial Bank of Korea | 1126072 | 12153031 |
|  #\* | Infinitt Healthcare Co. Ltd. | 30313 | 124141 |
|  | Innocean Worldwide, Inc. | 167936 | 2152386 |
|  # | InnoWireless Co. Ltd. | 24004 | 327949 |
|  # | Innox Advanced Materials Co. Ltd. | 112236 | 1802173 |
|  #\* | Insun ENT Co. Ltd. | 121913 | 438787 |
|  \* | Insung Information Co. Ltd. | 31708 | 49312 |
|  # | Intellian Technologies, Inc. | 17587 | 474746 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Intelligent Digital Integrated Security Co. Ltd. | 33137 | $385011 |
|  #\* | Interflex Co. Ltd. | 92040 | 541523 |
|  #†† | Interojo Co. Ltd. | 36557 | 112358 |
|  # | INTOPS Co. Ltd. | 96905 | 1098471 |
|  # | iNtRON Biotechnology, Inc. | 57427 | 165594 |
|  # | INVENI Co. Ltd. | 8498 | 303305 |
|  # | Inzi Controls Co. Ltd. | 59782 | 247654 |
|  # | IS Dongseo Co. Ltd. | 116072 | 1480775 |
|  # | ISC Co. Ltd. | 30490 | 1062205 |
|  # | i-SENS, Inc. | 59097 | 681218 |
|  \* | ISU Abxis Co. Ltd. | 37587 | 134001 |
|  #\* | ISU Chemical Co. Ltd. | 53611 | 213243 |
|  \* | ISU Specialty Chemical | 64675 | 1963998 |
|  # | IsuPetasys Co. Ltd. | 256587 | 5793316 |
|  \* | Itcencts Co. Ltd. | 211665 | 91833 |
|  #\* | Itcenglobal Co. Ltd. | 43295 | 205036 |
|  #\* | ITEK, Inc. | 97485 | 396672 |
|  #\* | ITM Semiconductor Co. Ltd. | 17741 | 150253 |
|  \* | Jaeyoung Solutec Co. Ltd. | 118295 | 72377 |
|  #\* | Jahwa Electronics Co. Ltd. | 121278 | 1016482 |
|  | JASTECH Ltd. | 33641 | 103180 |
|  # | JB Financial Group Co. Ltd. | 878584 | 10556213 |
|  | JC Chemical Co. Ltd. | 16904 | 47316 |
|  \* | Jeil Pharmaceutical Co. Ltd. | 15455 | 135598 |
|  \* | Jeju Air Co. Ltd. | 191998 | 904819 |
|  #\* | Jeju Semiconductor Corp. | 117168 | 1040031 |
|  \* | JETEMA Co. Ltd. | 3433 | 17623 |
|  \* | Jin Air Co. Ltd. | 40764 | 255632 |
|  # | Jinsung T.E.C | 85358 | 541467 |
|  # | JLS Co. Ltd. | 54560 | 223304 |
|  | JNK Global Co. Ltd. | 86259 | 256685 |
|  #\* | JNTC Co. Ltd. | 94753 | 913683 |
|  \* | JoyCity Corp. | 92196 | 106399 |
|  | Jungdawn Co. Ltd. | 7492 | 14468 |
|  # | Jusung Engineering Co. Ltd. | 145037 | 3423290 |
|  # | JVM Co. Ltd. | 33800 | 550996 |
|  | JW Holdings Corp. | 202318 | 438066 |
|  | JW Life Science Corp. | 59213 | 478659 |
|  | JW Pharmaceutical Corp. | 71335 | 1120139 |
|  \* | JW Shinyak Corp. | 29053 | 31677 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | JYP Entertainment Corp. | 118919 | $5784467 |
|  # | K Car Co. Ltd. | 21703 | 213831 |
|  # | K Ensol Co. Ltd. | 39040 | 319084 |
|  | Kakao Corp. | 180498 | 4849032 |
|  #\* | Kakao Games Corp. | 118033 | 1178728 |
|  # | KakaoBank Corp. | 174981 | 2742694 |
|  #\* | Kakaopay Corp. | 15900 | 354028 |
|  \*†† | Kanglim Co. Ltd. | 55665 | 44407 |
|  | Kangnam Jevisco Co. Ltd. | 47014 | 392576 |
|  \* | Kangstem Biotech Co. Ltd. | 44372 | 71160 |
|  #\* | Kangwon Energy Co. Ltd. | 41085 | 205672 |
|  # | Kangwon Land, Inc. | 251582 | 2871843 |
|  #\* | KAON Group Co. Ltd. | 89293 | 191404 |
|  # | KB Financial Group, Inc. (105560 KS) | 1155887 | 73050532 |
|  | KB Financial Group, Inc. (KB US), ADR | 367901 | 23170405 |
|  # | KC Co. Ltd. | 56156 | 733986 |
|  # | KC Tech Co. Ltd. | 61782 | 1138658 |
|  # | KCC Corp. | 21338 | 3747010 |
|  | KCC Glass Corp. | 75320 | 1696409 |
|  # | KCTC | 188573 | 508013 |
|  #\* | KEC Corp. | 977054 | 503941 |
|  #\* | Keeps Biopharma, Inc. | 21250 | 160028 |
|  #\* | Kencoa Aerospace Co | 17218 | 147089 |
|  # | KEPCO Engineering & Construction Co., Inc. | 15535 | 741950 |
|  # | KEPCO Plant Service & Engineering Co. Ltd. | 158064 | 4882947 |
|  #\* | KEYEAST Co. Ltd. | 39205 | 122448 |
|  # | KG Chemical Corp. | 308374 | 863774 |
|  # | KG Dongbusteel | 261336 | 1089235 |
|  # | KG Eco Solution Co. Ltd. | 211529 | 819636 |
|  \* | KG Mobility Co | 371002 | 850838 |
|  # | Kginicis Co. Ltd. | 132616 | 815426 |
|  # | KGMobilians Co. Ltd. | 139453 | 414347 |
|  # | KH Vatec Co. Ltd. | 136004 | 881143 |
|  | Kia Corp. | 1141175 | 72525399 |
|  #\*†† Kib Plug Energy | #\*†† Kib Plug Energy | 1448610 | 393362 |
|  #\* | KidariStudio, Inc. | 55492 | 135758 |
|  # | KINX, Inc. | 15242 | 845860 |
|  # | KISCO Corp. | 102472 | 612650 |
|  | KISCO Holdings Co. Ltd. | 49059 | 719804 |
|  # | KISWIRE Ltd. | 72383 | 881125 |

---

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | KIWOOM Securities Co. Ltd. | 85133 | $8186326 |
|  # | KL-Net Corp. | 101819 | 185501 |
|  #\* | KMW Co. Ltd. | 45897 | 277579 |
|  #\* | KNJ Co. Ltd. | 26799 | 297959 |
|  \* | KoBioLabs, Inc. | 7867 | 28619 |
|  # | Koh Young Technology, Inc. | 168805 | 1642237 |
|  # | Kolmar BNH Co. Ltd. | 39068 | 370650 |
|  # | Kolmar Holdings Co. Ltd. | 100765 | 675579 |
|  # | Kolmar Korea Co. Ltd. | 84600 | 4521228 |
|  # | Kolon Corp. | 44406 | 729267 |
|  | Kolon Enp, Inc. | 90769 | 398308 |
|  # | Kolon Industries, Inc. | 130465 | 2768362 |
|  #\* | Kolon Life Science, Inc. | 8953 | 164992 |
|  | Komelon Corp. | 7669 | 52969 |
|  # | KoMiCo Ltd. | 10969 | 453516 |
|  \* | Komipharm International Co. Ltd. | 11595 | 49623 |
|  # | KONA I Co. Ltd. | 37585 | 1026242 |
|  # | Korea Aerospace Industries Ltd. | 198295 | 11606325 |
|  # | Korea Alcohol Industrial Co. Ltd. | 94422 | 604435 |
|  | Korea Asset In Trust Co. Ltd. | 438184 | 717843 |
|  # | Korea Cast Iron Pipe Industries Co. Ltd. | 73562 | 371023 |
|  #\* | Korea Circuit Co. Ltd. | 77047 | 549781 |
|  # | Korea District Heating Corp. | 10906 | 406580 |
|  | Korea Electric Power Corp. (015760 KS) | 240707 | 4341162 |
|  | Korea Electric Power Corp. (KEP US), Sponsored ADR | 326264 | 2965740 |
|  # | Korea Electric Terminal Co. Ltd. | 49887 | 2261559 |
|  | Korea Electronic Certification Authority, Inc. | 42687 | 106380 |
|  # | Korea Electronic Power Industrial Development Co. Ltd. | 74156 | 660561 |
|  | Korea Export Packaging Industrial Co. Ltd. | 92420 | 181724 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | Korea Fuel-Tech Corp. | 173033 | $568312 |
|  | Korea Gas Corp. | 89854 | 2447798 |
|  #\* | Korea Information & Communications Co. Ltd. | 86917 | 473054 |
|  # | Korea Information Certificate Authority, Inc. | 101083 | 312406 |
|  | Korea Investment Holdings Co. Ltd. | 184512 | 10772743 |
|  #\* | Korea Line Corp. | 1515844 | 1621896 |
|  # | Korea Movenex Co. Ltd. | 142550 | 394660 |
|  # | Korea Petrochemical Ind Co. Ltd. | 28152 | 1664340 |
|  # | Korea Petroleum Industries Co. | 48470 | 441335 |
|  | Korea Ratings Corp. | 5614 | 353722 |
|  | Korea Real Estate Investment & Trust Co. Ltd. | 1221498 | 906959 |
|  | Korea United Pharm, Inc. | 68387 | 940396 |
|  | Korean Air Lines Co. Ltd. | 903435 | 13319203 |
|  | Korean Reinsurance Co. | 1176327 | 6696103 |
|  # | Kortek Corp. | 56629 | 384667 |
|  | Koryo Credit Information Co. Ltd. | 9684 | 68087 |
|  \* | KOSES Co. Ltd. | 20024 | 102583 |
|  # | KPX Chemical Co. Ltd. | 13424 | 423826 |
|  #\* | Krafton, Inc. | 65073 | 17036245 |
|  | KSS LINE Ltd. | 158019 | 996088 |
|  \* | Kt alpha Co. Ltd. | 79357 | 222282 |
|  | KT Corp. (030200 KS) | 35348 | 1291713 |
|  | KT Corp. (KT US), Sponsored ADR | 199398 | 3880285 |
|  \* | KT Genie Music Corp. | 45467 | 67272 |
|  | KT Nasmedia Co. Ltd. | 13160 | 134905 |
|  | KT Skylife Co. Ltd. | 196016 | 611351 |
|  # | KT&G Corp. | 260243 | 21005322 |
|  # | KTCS Corp. | 236202 | 459388 |
|  | Kukbo Design Co. Ltd. | 14650 | 174754 |
|  | Kukdong Oil & Chemicals Co. Ltd. | 140079 | 339405 |

---

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  \*†† | Kuk-il Paper Manufacturing Co. Ltd. | 231940 | $24475 |
|  # | Kukje Pharma Co. Ltd. | 30774 | 100329 |
|  | Kukjeon Pharmaceutical Co. Ltd. | 32907 | 74067 |
|  #\* | Kum Yang Co. Ltd. | 18916 | 131740 |
|  #\* | Kumho HT, Inc. | 895534 | 399799 |
|  # | Kumho Petrochemical Co. Ltd. | 86975 | 7277319 |
|  #\* | Kumho Tire Co., Inc. | 786285 | 2661324 |
|  #\* | KUMHOE&C Co. Ltd. | 140791 | 301975 |
|  # | Kumkang Kind Co. Ltd. | 119006 | 397989 |
|  # | Kwang Dong Pharmaceutical Co. Ltd. | 254185 | 980182 |
|  #\* | Kwang Myung Electric Co. Ltd. | 123536 | 123814 |
|  | KX Innovation Co. Ltd. | 119777 | 336847 |
|  # | Kyeryong Construction Industrial Co. Ltd. | 55964 | 1003843 |
|  | Kyobo Securities Co. Ltd. | 123871 | 574648 |
|  # | Kyochon F&B Co. Ltd. | 83242 | 315954 |
|  # | Kyongbo Pharmaceutical Co. Ltd. | 38504 | 152847 |
|  # | Kyung Dong Navien Co. Ltd. | 46869 | 2398751 |
|  # | Kyungbang Co. Ltd. | 84291 | 415309 |
|  | KyungDong City Gas Co. Ltd. | 16222 | 201448 |
|  # | KyungDong Invest Co. Ltd. | 3317 | 135232 |
|  # | Kyungdong Pharm Co. Ltd. | 101244 | 411029 |
|  | Kyung-In Synthetic Corp. | 230094 | 512881 |
|  | KZ Precision Corp. | 63997 | 534636 |
|  # | L&C Bio Co. Ltd. | 33179 | 518195 |
|  #\* | L&F Co. Ltd. | 21466 | 977637 |
|  \* | L&K Biomed Co. Ltd. | 34222 | 164936 |
|  #\* | LabGenomics Co. Ltd. | 346208 | 523491 |
|  # | Lake Materials Co. Ltd. | 207003 | 1863780 |
|  \* | LB Semicon, Inc. | 19399 | 45819 |
|  | LEADCORP, Inc. | 107465 | 299862 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | Lee Ku Industrial Co. Ltd. | 161966 | $484441 |
|  # | LEENO Industrial, Inc. | 194895 | 4949655 |
|  # | LF Corp. | 121092 | 1266946 |
|  | LG Chem Ltd. | 154050 | 23347860 |
|  | LG Corp. | 190776 | 8933833 |
|  #\* | LG Display Co. Ltd. (034220 KS) | 1621834 | 9635143 |
|  \* | LG Display Co. Ltd. (LPL US), ADR | 345392 | 1011999 |
|  | LG Electronics, Inc. | 564673 | 28344089 |
|  #\* | LG Energy Solution Ltd. | 26106 | 5956116 |
|  # | LG H&H Co. Ltd. | 28016 | 6638150 |
|  \* | LG HelloVision Co. Ltd. | 436983 | 809679 |
|  # | LG Innotek Co. Ltd. | 82150 | 8075103 |
|  | LG Uplus Corp. | 1340553 | 11319065 |
|  # | LIG Nex1 Co. Ltd. | 54930 | 12409744 |
|  #\* | LigaChem Biosciences, Inc. | 11749 | 865831 |
|  #\* | LOT Vacuum Co. Ltd. | 77667 | 478176 |
|  # | Lotte Chemical Corp. | 58104 | 2464751 |
|  # | Lotte Chilsung Beverage Co. Ltd. | 37116 | 2864150 |
|  # | Lotte Corp. | 121851 | 1933051 |
|  #\* | Lotte Data Communication Co. | 42531 | 562555 |
|  #\* | Lotte Energy Materials Corp. | 77641 | 1238371 |
|  # | LOTTE Fine Chemical Co. Ltd. | 114042 | 2785700 |
|  # | LOTTE Himart Co. Ltd. | 64713 | 343206 |
|  #\* | Lotte Non-Life Insurance Co. Ltd. | 502545 | 608932 |
|  | Lotte Rental Co. Ltd. | 89183 | 1843115 |
|  # | Lotte Shopping Co. Ltd. | 46302 | 2197191 |
|  # | Lotte Wellfood Co. Ltd. | 20566 | 1713924 |
|  # | LS Corp. | 90805 | 8412292 |
|  # | LS Eco Energy Ltd. | 52587 | 1189815 |
|  # | LS Electric Co. Ltd. | 65927 | 9521980 |
|  # | LS Marine Solution Co. Ltd. | 43801 | 550775 |
|  | LS SECURITIES Co. Ltd. | 62443 | 175282 |
|  | LTC Co. Ltd. | 4114 | 28691 |
|  #\* | LVMC Holdings | 638063 | 783806 |
|  # | LX Hausys Ltd. | 55637 | 1128898 |
|  # | LX Holdings Corp. | 316107 | 1456078 |
|  # | LX International Corp. | 280471 | 5230983 |

---

605

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | LX Semicon Co. Ltd. | 86327 | $3285598 |
|  # | M.I.Tech Co. Ltd. | 63758 | 361230 |
|  \* | M2N Co. Ltd. | 82266 | 112312 |
|  # | Macquarie Korea Infrastructure Fund | 1173738 | 9460295 |
|  | Macrogen, Inc. | 25991 | 292839 |
|  # | Maeil Dairies Co. Ltd. | 32710 | 848252 |
|  | MAKUS, Inc. | 41870 | 302585 |
|  #\* | Manyo Co. Ltd. | 10280 | 133294 |
|  # | Mcnex Co. Ltd. | 108576 | 1829341 |
|  #\* | MDS Tech, Inc. | 237059 | 190569 |
|  \* | ME2ON Co. Ltd. | 54098 | 69544 |
|  \* | Mediana Co. Ltd. | 69300 | 294472 |
|  #\* | Medipost Co. Ltd. | 57041 | 368156 |
|  # | Medytox, Inc. | 12347 | 1516811 |
|  \* | Meerecompany, Inc. | 17727 | 225315 |
|  | MegaStudy Co. Ltd. | 52410 | 393142 |
|  # | MegaStudyEdu Co. Ltd. | 64720 | 2182977 |
|  # | Meritz Financial Group, Inc. | 495048 | 43247685 |
|  # | META BIOMED Co. Ltd. | 84378 | 272532 |
|  # | Mgame Corp. | 157466 | 562241 |
|  | Mi Chang Oil Industrial Co. Ltd. | 3141 | 228000 |
|  #\* | MiCo Ltd. | 171010 | 1252253 |
|  #\* | Micro Digital Co. Ltd.. | 26352 | 175568 |
|  \* | Mirae Asset Life Insurance Co. Ltd. | 422652 | 1614856 |
|  | Mirae Asset Securities Co. Ltd. | 1114579 | 9264740 |
|  # | Mirae Asset Venture Investment Co. Ltd. | 69620 | 237601 |
|  \* | Mirae Corp. | 43715 | 19754 |
|  # | Misto Holdings Corp. | 192513 | 5006142 |
|  | Miwon Chemicals Co. Ltd. | 1485 | 82430 |
|  # | Miwon Commercial Co. Ltd. | 7025 | 947339 |
|  | Miwon Holdings Co. Ltd. | 1831 | 95595 |
|  | Miwon Specialty Chemical Co. Ltd. | 9336 | 1040617 |
|  # | MK Electron Co. Ltd. | 123560 | 658479 |
|  # | MNTech Co. Ltd. | 67349 | 373437 |
|  #\* | Mobase Electronics Co. Ltd. | 246573 | 259879 |
|  # | Modetour Network, Inc. | 30425 | 240425 |
|  #\* | MONAYONGPYONG | 182248 | 567964 |
|  # | Moorim P&P Co. Ltd. | 165964 | 346529 |
|  | Moorim Paper Co. Ltd. | 84036 | 129030 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Motonic Corp. | 52087 | $351074 |
|  # | Motrex Co. Ltd. | 103725 | 625674 |
|  # | mPlus Corp. | 28776 | 151230 |
|  \* | MS Autotech Co. Ltd. | 49613 | 81351 |
|  | Muhak Co. Ltd. | 8058 | 41319 |
|  | Multicampus Co. Ltd. | 15352 | 352222 |
|  # | Myoung Shin Industrial Co. Ltd. | 219524 | 1290361 |
|  #\* | Naintech Co. Ltd. | 41998 | 111813 |
|  # | Namhae Chemical Corp. | 129834 | 622598 |
|  #\* | Namsun Aluminum Co. Ltd. | 599773 | 600968 |
|  # | Namuga Co. Ltd. | 61293 | 555832 |
|  # | Namyang Dairy Products Co. Ltd. | 20036 | 1072512 |
|  \* | NanoenTek, Inc. | 12813 | 30882 |
|  #\* | Nature & Environment Co. Ltd. | 181614 | 96738 |
|  | Nature Holdings Co. Ltd. | 74736 | 528492 |
|  | NAVER Corp. | 58567 | 8240704 |
|  # | NCSoft Corp. | 24372 | 2508732 |
|  # | NeoPharm Co. Ltd. | 49615 | 479966 |
|  # | Neosem, Inc. | 31653 | 222618 |
|  #\* | Neowiz | 91417 | 1502992 |
|  # | Neowiz Holdings Corp. | 24725 | 365358 |
|  #\* | Nepes Ark Corp. | 32927 | 244029 |
|  #\* | NEPES Corp. | 74821 | 359872 |
|  #\* | Neptune Co. | 82962 | 429364 |
|  #W | Netmarble Corp. | 54822 | 1724477 |
|  # | New Power Plasma Co. Ltd. | 167306 | 545171 |
|  #\* | Newflex Technology Co. Ltd. | 33789 | 107638 |
|  | Nexen Corp. | 181887 | 602866 |
|  # | Nexen Tire Corp. | 300559 | 1141669 |
|  #\* | Nexon Games Co. Ltd. | 67147 | 609604 |
|  # | Nexteel Co. Ltd. | 14275 | 125956 |
|  # | NEXTIN, Inc. | 39361 | 1483367 |
|  | NH Investment & Securities Co. Ltd. | 638162 | 6899091 |
|  # | NHN Corp. | 110624 | 1725887 |
|  # | NHN KCP Corp. | 141074 | 764460 |
|  # | NI Steel Co. Ltd. | 49270 | 120170 |
|  #\* | NIBEC Co. Ltd. | 10839 | 152708 |
|  | NICE Holdings Co. Ltd. | 177420 | 1404543 |
|  | Nice Information & Telecommunication, Inc. | 49290 | 644391 |

---

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | NICE Information Service Co. Ltd. | 239522 | $2175016 |
|  # | NICE Infra Co. Ltd. | 53055 | 190708 |
|  | Nong Shim Holdings Co. Ltd. | 15048 | 710409 |
|  # | Nong Woo Bio Co. Ltd. | 19155 | 101625 |
|  # | NongShim Co. Ltd. | 16515 | 4680414 |
|  | Noroo Holdings Co. Ltd. | 17027 | 180817 |
|  # | NOROO Paint & Coatings Co. Ltd. | 74526 | 435410 |
|  # | NOVAREX Co. Ltd. | 79184 | 568698 |
|  | Novatech Co. Ltd. | 4150 | 54872 |
|  # | NPC | 92090 | 265764 |
|  \* | NUVOTEC Co. Ltd. | 15390 | 17768 |
|  \* | Obigo, Inc. | 9468 | 28405 |
|  # | OCI Co. Ltd. | 37865 | 1468536 |
|  # | OCI Holdings Co. Ltd. | 96255 | 4383721 |
|  #\* | Okins Electronics Co. Ltd. | 46357 | 159600 |
|  # | ONEJOON Co. Ltd. | 21655 | 137904 |
|  | Opasnet Co. Ltd. | 8051 | 39469 |
|  #\* | OptoElectronics Solutions Co. Ltd. | 38397 | 247283 |
|  # | Oriental Precision & Engineering Co. Ltd. | 97618 | 379099 |
|  # | Orion Corp. | 125629 | 10889372 |
|  # | Orion Holdings Corp. | 208397 | 2684724 |
|  | Osang Healthcare Co. Ltd. | 5861 | 56908 |
|  #\* | OSTEONIC Co. Ltd. | 41816 | 203645 |
|  #\* | Osung Advanced Materials Co. Ltd. | 416958 | 412498 |
|  # | Otoki Corp. | 12020 | 3385477 |
|  #\* | Paik Kwang Industrial Co. Ltd. | 173863 | 796946 |
|  # | Pan Ocean Co. Ltd. | 1514863 | 3564546 |
|  | Pang Rim Co. Ltd. | 33734 | 93351 |
|  # | Paradise Co. Ltd. | 320064 | 2788306 |
|  # | Park Systems Corp. | 25044 | 3567851 |
|  | Partron Co. Ltd. | 374932 | 1811620 |
|  #\* | Pearl Abyss Corp. | 24209 | 603118 |
|  # | People & Technology, Inc. | 110651 | 3158793 |
|  #\* | Peptron, Inc. | 9976 | 1141228 |
|  | PHA Co. Ltd. | 65394 | 455346 |
|  # | PharmaResearch Co. Ltd. | 28863 | 7644914 |
|  #\* | PharmGen Science, Inc. | 119459 | 337255 |
|  # | Pharmicell Co. Ltd. | 52218 | 388078 |
|  | Philenergy Co. Ltd. | 2369 | 24314 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  #\* | Philoptics Co. Ltd. | 38258 | $822069 |
|  # | PI Advanced Materials Co. Ltd. | 70350 | 810170 |
|  #\* | Polaris AI Corp. | 80192 | 137380 |
|  \* | Polaris Office Corp. | 2267 | 8024 |
|  | Pond Group Co. Ltd. | 9898 | 41830 |
|  #\* | PonyLink Co. Ltd. | 225909 | 163787 |
|  # | Poongsan Corp. | 152001 | 6346504 |
|  # | Poongsan Holdings Corp. | 47395 | 955666 |
|  # | Posco DX Co. Ltd. | 169433 | 2922390 |
|  \* | POSCO Future M Co. Ltd. | 7995 | 701913 |
|  # | POSCO Holdings, Inc. (005490 KS) | 72008 | 13159664 |
|  | POSCO Holdings, Inc. (PKX US), Sponsored ADR | 218957 | 9969112 |
|  # | Posco International Corp. | 233812 | 8060574 |
|  # | Posco M-Tech Co. Ltd. | 36109 | 306984 |
|  # | POSCO Steeleon Co. Ltd. | 19137 | 507764 |
|  #\* | Power Logics Co. Ltd. | 150946 | 491783 |
|  # | Protec Co. Ltd. | 28538 | 481351 |
|  # | PSK Holdings, Inc. | 17727 | 432074 |
|  # | PSK, Inc. | 111626 | 1400217 |
|  # | Pulmuone Co. Ltd. | 74964 | 774262 |
|  # | Pumtech Korea Co. Ltd. | 12664 | 487134 |
|  | Pungkuk Ethanol Co. Ltd. | 16938 | 106149 |
|  \* | RaonSecure Co. Ltd.. | 32849 | 44438 |
|  | Raontec, Inc. | 6384 | 35964 |
|  #\* | Ray Co. Ltd. | 22954 | 131734 |
|  #\* | Refine Co. Ltd. | 71948 | 628941 |
|  \* | Reyon Pharmaceutical Co. Ltd. | 33443 | 267384 |
|  # | RFHIC Corp. | 45102 | 490191 |
|  #\* | RFTech Co. Ltd. | 159006 | 416006 |
|  #\* | Robostar Co. Ltd. | 14611 | 252364 |
|  \* | Robotis Co. Ltd. | 11928 | 287987 |
|  | Rorze Systems Corp. | 6569 | 67452 |
|  | Rsupport Co. Ltd. | 10658 | 26545 |
|  | S Net Systems, Inc. | 41540 | 128922 |
|  | S&D Co. Ltd. | 1217 | 77392 |
|  # | S&S Tech Corp. | 61424 | 1486614 |
|  # | S-1 Corp. | 82408 | 3672964 |
|  #\* | Sajo Industries Co. Ltd. | 14062 | 358037 |
|  # | Sajodaerim Corp. | 30273 | 810330 |

---

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Sajodongaone Co. Ltd. | 144499 | $107996 |
|  # | Sam Chun Dang Pharm Co. Ltd. | 9741 | 964595 |
|  # | Sam Young Electronics Co. Ltd. | 74785 | 560194 |
|  # | Sam Yung Trading Co. Ltd. | 88339 | 848494 |
|  # | Sam-A Aluminum Co. Ltd. | 6400 | 113287 |
|  | Sambo Corrugated Board Co. Ltd. | 30913 | 177499 |
|  | Sambo Motors Co. Ltd. | 15991 | 46003 |
|  # | Samchully Co. Ltd. | 9292 | 599171 |
|  | Samho Development Co. Ltd. | 127209 | 294977 |
|  # | SAMHWA Paints Industrial Co. Ltd. | 83510 | 352464 |
|  | Samick Musical Instruments Co. Ltd. | 94199 | 79648 |
|  # | Samick THK Co. Ltd. | 51492 | 355403 |
|  #\* | Samil Pharmaceutical Co. Ltd. | 53929 | 496071 |
|  # | Samji Electronics Co. Ltd. | 81870 | 603440 |
|  | Samjin Pharmaceutical Co. Ltd. | 51410 | 645244 |
|  # | Sammok S-Form Co. Ltd. | 29939 | 442937 |
|  # | SAMPYO Cement Co. Ltd. | 245368 | 542575 |
|  #\*W | Samsung Biologics Co. Ltd. | 17847 | 13208002 |
|  # | Samsung C&T Corp. | 197090 | 16961453 |
|  # | Samsung Card Co. Ltd. (029780 KS) | 115331 | 3405996 |
|  # | Samsung Electro-Mechanics Co. Ltd. | 165996 | 13695295 |
|  | Samsung Electronics Co. Ltd. (005930 KS) | 10764589 | 420007723 |
|  | Samsung Electronics Co. Ltd. (SMSN LI), GDR | 491 | 478106 |
|  # | Samsung Engineering Co. Ltd. | 824339 | 11146180 |
|  | Samsung Fire & Marine Insurance Co. Ltd. | 122611 | 32348175 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  #\* | Samsung Heavy Industries Co. Ltd. | 671206 | $6876912 |
|  # | Samsung Life Insurance Co. Ltd. | 155333 | 9431448 |
|  #\* | Samsung Pharmaceutical Co. Ltd. | 247859 | 261549 |
|  | Samsung Publishing Co. Ltd. | 4330 | 49642 |
|  # | Samsung SDI Co. Ltd. | 114720 | 14205844 |
|  | Samsung SDS Co. Ltd. | 80983 | 7297917 |
|  # | Samsung Securities Co. Ltd. | 286971 | 10519368 |
|  | SAMT Co. Ltd. | 374339 | 713841 |
|  # | Samwha Capacitor Co. Ltd. | 40920 | 714475 |
|  # | Samwha Electric Co. Ltd. | 15682 | 309797 |
|  # | Samyang Corp. | 24854 | 836547 |
|  # | Samyang Foods Co. Ltd. | 17183 | 11728088 |
|  # | Samyang Holdings Corp. | 28438 | 1230831 |
|  | Samyang Packaging Corp. | 28691 | 273163 |
|  # | Samyang Tongsang Co. Ltd. | 10960 | 356975 |
|  # | Samyoung Co. Ltd. | 134031 | 381182 |
|  # | Sang-A Frontec Co. Ltd. | 30472 | 334927 |
|  \* | Sangbo Corp. | 112990 | 86993 |
|  #\* | Sangsangin Co. Ltd. | 176091 | 248295 |
|  # | Sangsin Energy Display Precision Co. Ltd. | 75485 | 405958 |
|  # | Saramin Co. Ltd. | 40562 | 448087 |
|  # | Satrec Initiative Co. Ltd. | 9250 | 292511 |
|  #\* | SBI Investment Korea Co. Ltd. | 495311 | 251881 |
|  \*†† | SBW | 24366 | 43228 |
|  # | SD Biosensor, Inc. | 265358 | 1754496 |
|  #\* | SDN Co. Ltd. | 186770 | 185337 |
|  | SeAH Besteel Holdings Corp. | 124159 | 1562806 |
|  | SeAH Holdings Corp. | 495 | 32049 |
|  # | SeAH Steel Corp. | 13617 | 1695157 |
|  # | SeAH Steel Holdings Corp. | 19660 | 3109195 |
|  | Sebang Co. Ltd. | 81312 | 652797 |
|  # | Sebang Global Battery Co. Ltd. | 48088 | 2330269 |

---

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | Seegene, Inc. | 127658 | $2360503 |
|  # | Segyung Hitech Co. Ltd. | 51529 | 255132 |
|  # | Sejin Heavy Industries Co. Ltd. | 59731 | 365332 |
|  # | Sejong Industrial Co. Ltd. | 131898 | 390566 |
|  # | Sekonix Co. Ltd. | 82074 | 308607 |
|  \* | SEMCNS Co. Ltd. | 9872 | 32199 |
|  # | Sempio Foods Co. | 8674 | 160326 |
|  # | Seobu T&D | 236941 | 959593 |
|  | Seohan Co. Ltd. | 698530 | 416039 |
|  # | Seohee Construction Co. Ltd. | 788596 | 961122 |
|  #\* | Seojin System Co. Ltd. | 137325 | 1969016 |
|  #\* | Seoul Auction Co. Ltd. | 38918 | 242487 |
|  | Seoul City Gas Co. Ltd. | 3726 | 133339 |
|  \* | Seoul Food Industrial Co. Ltd. | 626950 | 73209 |
|  #\* | Seoul Semiconductor Co. Ltd. | 267318 | 1251543 |
|  | Seoulin Bioscience Co. Ltd. | 6494 | 33443 |
|  | SEOWONINTECH Co. Ltd. | 6973 | 26194 |
|  # | Seoyon Co. Ltd. | 107722 | 563438 |
|  # | Seoyon E-Hwa Co. Ltd. | 120354 | 997811 |
|  \*†† | Setopia Co. Ltd. | 26820 | 3830 |
|  | SEWOONMEDICAL Co. Ltd. | 24738 | 41946 |
|  # | SFA Engineering Corp. | 96023 | 1371128 |
|  #\* | SFA Semicon Co. Ltd. | 364361 | 767284 |
|  # | SGC Energy Co. Ltd. | 64795 | 1062198 |
|  # | Shin Heung Energy & Electronics Co. Ltd. | 159574 | 475865 |
|  #\* | Shin Poong Pharmaceutical Co. Ltd. | 25237 | 134285 |
|  # | Shindaeyang Paper Co. Ltd. | 105995 | 637470 |
|  | Shinhan Financial Group Co. Ltd. (055550 KS) | 1478212 | 53422533 |
|  | Shinhan Financial Group Co. Ltd. (SHG US), ADR | 269770 | 9706325 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | Shinil Electronics Co. Ltd. | 231645 | $251957 |
|  # | Shinsegae Food Co. Ltd. | 11543 | 260318 |
|  # | Shinsegae Information & Communication Co. Ltd. | 15132 | 132391 |
|  # | Shinsegae International, Inc. | 95552 | 659630 |
|  # | Shinsegae, Inc. | 58746 | 6513302 |
|  # | Shinsung Delta Tech Co. Ltd. | 28465 | 1187937 |
|  #\* | Shinsung E&G Co. Ltd. | 380904 | 366153 |
|  | Shinsung ST Co. Ltd. | 5010 | 112163 |
|  \* | Shinwha Intertek Corp. | 120200 | 145106 |
|  # | Shinwon Corp. | 365301 | 441270 |
|  \* | Shinyoung Securities Co. Ltd. | 29046 | 1819147 |
|  # | Showbox Corp. | 106070 | 242424 |
|  #\* | Signetics Corp. | 238036 | 116870 |
|  #\* | Silicon2 Co. Ltd. | 111564 | 2806488 |
|  | Silla Co. Ltd. | 14535 | 94094 |
|  # | SIMMTECH Co. Ltd. | 102488 | 1138007 |
|  | SIMPAC, Inc. | 77451 | 221668 |
|  | Sindoh Co. Ltd. | 27777 | 841200 |
|  | Sinil Pharm Co. Ltd. | 25229 | 115043 |
|  #\* | SK Biopharmaceuticals Co. Ltd. | 76501 | 5736610 |
|  #\* | SK Bioscience Co. Ltd. | 15706 | 438180 |
|  # | SK Chemicals Co. Ltd. | 43185 | 1208637 |
|  # | SK Discovery Co. Ltd. | 83920 | 2456014 |
|  #\* | SK Eternix Co. Ltd. | 119545 | 1431124 |
|  # | SK Gas Ltd. | 19191 | 3233722 |
|  # | SK Hynix, Inc. | 994055 | 124031297 |
|  #\*W | SK IE Technology Co. Ltd. | 38099 | 600207 |
|  # | SK Innovation Co. Ltd. | 24243 | 1610247 |
|  # | SK Networks Co. Ltd. | 1089212 | 3234822 |
|  #\* | SK oceanplant Co. Ltd. | 143541 | 1511831 |
|  | SK Securities Co. Ltd. | 2483943 | 844375 |
|  | SK Telecom Co. Ltd. (017670 KS) | 142068 | 5427964 |
|  | SK Telecom Co. Ltd. (SKM US), Sponsored ADR | 483 | 10425 |

---

609

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | SK, Inc. | 134734 | $12539784 |
|  #\* | SKC Co. Ltd. | 12038 | 863606 |
|  # | SL Corp. | 134564 | 3107677 |
|  \* | SM Culture & Contents Co. Ltd. | 50611 | 52277 |
|  # | SM Entertainment Co. Ltd. | 34714 | 3018437 |
|  #\* | SMEC Co. Ltd. | 230148 | 437647 |
|  # | SNT Dynamics Co. Ltd. | 110173 | 2570012 |
|  # | SNT Holdings Co. Ltd. | 50310 | 1174251 |
|  # | SNT Motiv Co. Ltd. | 142786 | 2771292 |
|  \* | SOCAR, Inc. | 27784 | 283228 |
|  # | S-Oil Corp. | 187740 | 6857361 |
|  \* | Solborn, Inc. | 24234 | 65268 |
|  # | Solid, Inc. | 315105 | 1581001 |
|  #\* | SOLUM Co. Ltd. | 234886 | 2718395 |
|  # | Solus Advanced Materials Co. Ltd. | 120335 | 722680 |
|  | Songwon Industrial Co. Ltd. | 112300 | 902563 |
|  # | Soop Co. Ltd. | 47915 | 2764614 |
|  | Soosan Cebotics Co. Ltd. | 114179 | 148292 |
|  # | Soosan Industries Co. Ltd. | 29624 | 413989 |
|  # | Soulbrain Co. Ltd. | 19001 | 2314710 |
|  | Soulbrain Holdings Co. Ltd. | 38911 | 854000 |
|  # | SPC Samlip Co. Ltd. | 13592 | 606484 |
|  # | SPG Co. Ltd. | 27155 | 477773 |
|  # | Spigen Korea Co. Ltd. | 24455 | 453750 |
|  # | ST Pharm Co. Ltd. | 29693 | 1648333 |
|  # | STIC Investments, Inc. | 182158 | 1268717 |
|  | Straffic Co. Ltd. | 123980 | 343892 |
|  #\* | Studio Dragon Corp. | 63179 | 2276812 |
|  \* | Sugentech, Inc. | 22534 | 87284 |
|  # | Suheung Co. Ltd. | 33452 | 336611 |
|  #\* | Sukgyung AT Co. Ltd. | 6779 | 235419 |
|  # | Sun Kwang Co. Ltd. | 24057 | 275038 |
|  # | Sung Kwang Bend Co. Ltd. | 97446 | 1867054 |
|  \* | Sungchang Enterprise Holdings Ltd. | 333157 | 314022 |
|  #\* | Sungeel Hitech Co. Ltd. | 10757 | 254735 |
|  # | Sungshin Cement Co. Ltd. | 147254 | 953230 |
|  # | Sungwoo Hitech Co. Ltd. | 467801 | 1833567 |
|  # | Sunjin Co. Ltd. | 110942 | 457900 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | Sunny Electronics Corp. | 117100 | $140172 |
|  \*†† | SUNP Corp. | 79463 | 9671 |
|  #\* | Suprema, Inc. | 29598 | 675381 |
|  \* | Suresoft Technologies, Inc. | 26545 | 95217 |
|  | SV Investment Corp. | 69884 | 75496 |
|  #\* | SY Co. Ltd. | 206794 | 541322 |
|  | SY Steel Tech, Inc. | 21932 | 83702 |
|  #\* | Synergy Innovation Co. Ltd. | 143470 | 289880 |
|  #\* | Synopex, Inc. | 404427 | 1802914 |
|  \* | Syntekabio, Inc. | 5422 | 27656 |
|  # | Systems Technology, Inc. | 54558 | 764867 |
|  \* | T Scientific Co. Ltd. | 120947 | 73608 |
|  # | T&L Co. Ltd. | 25102 | 1272605 |
|  # | Tae Kyung Industrial Co. Ltd. | 77028 | 267045 |
|  # | Taekwang Industrial Co. Ltd. | 1881 | 1001791 |
|  # | TAEKYUNG BK Co. Ltd. | 105821 | 342388 |
|  #\* | Taesung Co. Ltd. | 40824 | 591731 |
|  #\* | Taewoong Co. Ltd. | 68575 | 725160 |
|  # | Taeyang Metal Industrial Co. Ltd. | 197725 | 415961 |
|  #\* | Taihan Electric Wire Co. Ltd. | 150810 | 1235513 |
|  \* | Taihan Fiberoptics Co. Ltd. | 191618 | 79768 |
|  \* | Tailim Packaging Co. Ltd. | 76664 | 116219 |
|  # | TCC Steel | 43289 | 608038 |
|  | TechWing, Inc. | 89928 | 2160743 |
|  #\* | Tego Science, Inc. | 10158 | 111664 |
|  # | Telechips, Inc. | 54858 | 522586 |
|  # | TES Co. Ltd. | 58140 | 823701 |
|  #\* | Theragen Etex Co. Ltd. | 187474 | 396694 |
|  # | TK Corp. | 141789 | 2098552 |
|  # | TKG Huchems Co. Ltd. | 137982 | 1560246 |
|  # | TLB Co. Ltd. | 22342 | 269716 |
|  # | Tokai Carbon Korea Co. Ltd. | 30565 | 1839533 |
|  #\* | Tongyang Life Insurance Co. Ltd. | 334713 | 1439093 |
|  #\* | Tongyang, Inc. | 994398 | 409447 |
|  # | Tonymoly Co. Ltd. | 24881 | 158199 |
|  #\* | Top Engineering Co. Ltd. | 71917 | 211664 |
|  | Toptec Co. Ltd. | 173427 | 503668 |
|  # | Tovis Co. Ltd. | 89537 | 994827 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | TS Corp. | 300710 | $719481 |
|  # | TSE Co. Ltd. | 11580 | 333209 |
|  \* | TSI Co. Ltd. | 11190 | 47003 |
|  #\* | Tuksu Construction Co. Ltd. | 77601 | 445987 |
|  \* | Tway Air Co. Ltd. | 283780 | 423931 |
|  \* | TY Holdings Co. Ltd. | 1495 | 2786 |
|  # | TYM Corp. | 266928 | 843075 |
|  | UBCare Co. Ltd. | 54350 | 144378 |
|  | Ubiquoss Holdings, Inc. | 30005 | 208457 |
|  # | Ubiquoss, Inc. | 65559 | 346500 |
|  #\* | Ubivelox, Inc. | 53912 | 283149 |
|  # | Uju Electronics Co. Ltd. | 43321 | 835239 |
|  #\* | Uni-Chem Co. Ltd. | 244760 | 282138 |
|  | Unick Corp. | 27663 | 75980 |
|  # | Unid Co. Ltd. | 24328 | 1503036 |
|  # | Union Semiconductor Equipment & Materials Co. Ltd. | 104952 | 437307 |
|  # | Uniquest Corp. | 61270 | 247663 |
|  \* | Unison Co. Ltd. | 237583 | 199904 |
|  #\* | UniTest, Inc. | 54219 | 376731 |
|  # | Unitrontech Co. Ltd. | 114109 | 470947 |
|  # | Value Added Technology Co. Ltd. | 52898 | 755332 |
|  # | Viatron Technologies, Inc. | 64006 | 343278 |
|  # | VICTEK Co. Ltd. | 75937 | 218633 |
|  \*†† | Vidente Co. Ltd. | 125954 | 55202 |
|  # | Vieworks Co. Ltd. | 34738 | 599705 |
|  #\* | Vina Tech Co. Ltd. | 9706 | 171048 |
|  # | VIOL Co. Ltd. | 188283 | 1111996 |
|  # | Vitzro Tech Co. Ltd. | 82846 | 454601 |
|  # | Vitzrocell Co. Ltd. | 81762 | 1373590 |
|  #\* | VM, Inc. | 64902 | 530304 |
|  #\* | VT Co. Ltd. | 118299 | 3178491 |
|  # | Webcash Corp. | 29097 | 250998 |
|  # | Webzen, Inc. | 81795 | 793358 |
|  \*†† | Wellbiotec Co. Ltd. | 230618 | 33096 |
|  # | Whanin Pharmaceutical Co. Ltd. | 78165 | 644800 |
|  # | WINS Technet Co. Ltd. | 64096 | 522172 |
|  | WiSoL Co. Ltd. | 136175 | 655753 |
|  # | Won Tech Co. Ltd. | 211414 | 1222304 |
|  #\* | Wonik Holdings Co. Ltd. | 230899 | 672674 |
|  # | WONIK IPS Co. Ltd. | 89127 | 1419751 |
|  # | Wonik Materials Co. Ltd. | 48585 | 690280 |
|  # | Wonik QnC Corp. | 87902 | 1050638 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | Woojin, Inc. | 84191 | $477165 |
|  \* | Woongjin Co. Ltd. | 109041 | 108243 |
|  # | Woongjin Thinkbig Co. Ltd. | 375295 | 448388 |
|  #\* | Wooree Bio Co. Ltd. | 271012 | 432301 |
|  | Woori Financial Group, Inc. (316140 KS) | 2702534 | 33653448 |
|  #\* | Woori Technology Investment Co. Ltd. | 56732 | 264057 |
|  #\* | Woori Technology, Inc. | 502634 | 710667 |
|  # | Woorison F&G Co. Ltd. | 200437 | 199081 |
|  | Woory Industrial Co. Ltd. | 9039 | 60032 |
|  # | Wooshin Systems Co. Ltd. | 44717 | 195425 |
|  #\* | Woosu AMS Co. Ltd. | 146440 | 317653 |
|  # | Worldex Industry & Trading Co. Ltd. | 65311 | 802547 |
|  \* | Wysiwyg Studios Co. Ltd. | 261345 | 233504 |
|  # | Xexymix Corp. | 77703 | 332855 |
|  | Y G-1 Co. Ltd. | 108809 | 446862 |
|  \* | Y2 Solution Co. Ltd. | 26332 | 50425 |
|  #\* | YC Corp. | 64319 | 444448 |
|  # | Y-entec Co. Ltd. | 56856 | 259182 |
|  \* | Yest Co. Ltd. | 3159 | 37382 |
|  # | YG Entertainment, Inc. | 43323 | 2045321 |
|  #\* | YG PLUS | 135962 | 523609 |
|  | YMC Co. Ltd. | 36251 | 88771 |
|  #\* | YMT Co. Ltd. | 29633 | 188210 |
|  # | Youlchon Chemical Co. Ltd. | 24264 | 476916 |
|  # | Young Poong Corp. | 26170 | 683560 |
|  # | Youngone Corp. | 159825 | 5329411 |
|  | Youngone Holdings Co. Ltd. | 49015 | 3299544 |
|  \* | YTN Co. Ltd. | 12525 | 28374 |
|  | Yuanta Securities Korea Co. Ltd. | 606739 | 1263003 |
|  # | Yuhan Corp. | 28009 | 2244588 |
|  | YuHwa Securities Co. Ltd. | 32205 | 54909 |
|  \* | Yungjin Pharmaceutical Co. Ltd. | 219028 | 313646 |
|  # | Zeus Co. Ltd. | 121593 | 1106502 |
|  # | Zinus, Inc. | 56501 | 693114 |
|  TOTAL SOUTH KOREA | TOTAL SOUTH KOREA | TOTAL SOUTH KOREA | 2704560204 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SPAIN — (0.0%) | SPAIN — (0.0%) |  |  |
|  # | AmRest Holdings SE | 333086 | $1559642 |
|  TAIWAN — (17.5%) | TAIWAN — (17.5%) |  |  |
|  | 104 Corp. | 30000 | 214305 |
|  # | 91APP, Inc. | 323000 | 846081 |
|  # | Aaeon Technology, Inc. | 77680 | 305112 |
|  | ABC Taiwan Electronics Corp. | 551402 | 256265 |
|  | Abico Avy Co. Ltd. | 823396 | 809135 |
|  # | Ability Enterprise Co. Ltd. | 1769974 | 2579719 |
|  # | Ability Opto-Electronics Technology Co. Ltd. | 275471 | 1131322 |
|  # | Abnova Corp. | 107000 | 96097 |
|  # | AcBel Polytech, Inc. | 4507033 | 3631554 |
|  | Accton Technology Corp. | 1267369 | 23606420 |
|  | Acer Cyber Security, Inc. | 6446 | 37641 |
|  # | Acer E-Enabling Service Business, Inc. | 63000 | 476577 |
|  # | Acer, Inc. | 9499595 | 10380442 |
|  #\* | ACES Electronic Co. Ltd. | 878044 | 1323837 |
|  \* | Acon Holding, Inc. | 1679955 | 481335 |
|  # | Acter Group Corp. Ltd. | 772122 | 9719659 |
|  # | Action Electronics Co. Ltd. | 1305000 | 624766 |
|  # | Actron Technology Corp. | 310018 | 1242723 |
|  | ADATA Technology Co. Ltd. | 2002501 | 5238223 |
|  # | Addcn Technology Co. Ltd. | 207776 | 1135553 |
|  #\* | Adimmune Corp. | 769000 | 477039 |
|  | Adlink Technology, Inc. | 274000 | 647516 |
|  # | Advanced Analog Technology, Inc. | 42000 | 65804 |
|  # | Advanced Ceramic X Corp. | 265000 | 1009058 |
|  # | Advanced Energy Solution Holding Co. Ltd. | 166000 | 4431483 |
|  # | Advanced International Multitech Co. Ltd. | 1064000 | 2262728 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  #\* | Advanced Optoelectronic Technology, Inc. | 728000 | $364326 |
|  # | Advanced Power Electronics Corp. | 461000 | 1068456 |
|  # | Advancetek Enterprise Co. Ltd. | 2030662 | 4576995 |
|  | Advantech Co. Ltd. | 758940 | 7950781 |
|  \* | AEON Motor Co. Ltd. | 335000 | 295309 |
|  | Aerospace Industrial Development Corp. | 2910000 | 4265164 |
|  # | AGV Products Corp. | 3163603 | 1109109 |
|  # | AIC, Inc. | 30000 | 279690 |
|  # | Air Asia Co. Ltd. | 84000 | 99325 |
|  | Airoha Technology Corp. | 6000 | 95014 |
|  | Airtac International Group | 419335 | 11517547 |
|  # | Alchip Technologies Ltd. | 144000 | 9622903 |
|  # | Alexander Marine Co. Ltd. | 129563 | 576759 |
|  #\* | ALI Corp. | 484953 | 405648 |
|  | All Ring Tech Co. Ltd. | 70000 | 560000 |
|  # | Allied Circuit Co. Ltd. | 197356 | 718673 |
|  # | Allied Supreme Corp. | 297000 | 2260722 |
|  # | Allis Electric Co. Ltd. | 1038284 | 3013786 |
|  | Allmind Holdings Corp. | 35000 | 52901 |
|  # | Alltek Technology Corp. | 1298506 | 1565061 |
|  # | Alltop Technology Co. Ltd. | 281531 | 2151256 |
|  # | Alpha Networks, Inc. | 1563873 | 1349415 |
|  # | Altek Corp. | 2013985 | 2296533 |
|  # | Amazing Microelectronic Corp. | 524849 | 1223606 |
|  # | Ambassador Hotel | 1701000 | 2391810 |
|  # | AMPACS Corp. | 394000 | 404424 |
|  # | Ampak Technology, Inc. | 178000 | 527745 |
|  # | Ampire Co. Ltd. | 691000 | 649860 |
|  # | Ample Electronic Technology Co. Ltd. | 25000 | 77897 |
|  # | AMPOC Far-East Co. Ltd. | 609567 | 1673093 |
|  # | AmTRAN Technology Co. Ltd. | 4615918 | 2069098 |
|  \* | Amulaire Thermal Technology, Inc. | 30000 | 23694 |
|  # | Anderson Industrial Corp. | 245247 | 104074 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Anji Technology Co. Ltd. | 505933 | $466064 |
|  # | Anpec Electronics Corp. | 465702 | 2199578 |
|  | Aopen, Inc. | 70000 | 101226 |
|  # | Apac Opto Electronics, Inc. | 277000 | 645248 |
|  # | Apacer Technology, Inc. | 712005 | 1024499 |
|  # | APAQ Technology Co. Ltd. | 30000 | 93392 |
|  # | APCB, Inc. | 907000 | 412944 |
|  # | Apex Biotechnology Corp. | 486625 | 478925 |
|  # | Apex Dynamics, Inc. | 52000 | 1092580 |
|  #\* | Apex International Co. Ltd. | 1105506 | 799277 |
|  # | Apex Science & Engineering | 761437 | 266477 |
|  # | ARBOR Technology Corp. | 136000 | 194856 |
|  # | Arcadyan Technology Corp. | 1088759 | 8056794 |
|  # | Ardentec Corp. | 4343993 | 10133163 |
|  # | ARES International Corp. | 103000 | 208006 |
|  # | Argosy Research, Inc. | 414391 | 1881822 |
|  | Arizon RFID Technology Cayman Co. Ltd. | 3000 | 16898 |
|  # | ASE Technology Holding Co. Ltd. | 10742387 | 45775439 |
|  | Asia Cement Corp. | 7878655 | 11097441 |
|  # | Asia Electronic Material Co. Ltd. | 573000 | 359915 |
|  # | Asia Optical Co., Inc. | 1373000 | 5836066 |
|  \* | Asia Plastic Recycling Holding Ltd. | 1370533 | 248421 |
|  # | Asia Polymer Corp. | 2746858 | 1088870 |
|  # | Asia Tech Image, Inc. | 408000 | 1233083 |
|  # | Asia Vital Components Co. Ltd. | 762183 | 11190948 |
|  # | ASIX Electronics Corp. | 199000 | 567446 |
|  # | ASMedia Technology, Inc. | 45048 | 2381868 |
|  # | ASolid Technology Co. Ltd. | 210000 | 364227 |
|  | ASPEED Technology, Inc. | 116098 | 10922076 |
|  | ASROCK, Inc. | 389000 | 2141888 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Asustek Computer, Inc. | 1444861 | $26422017 |
|  # | ATE Energy International Co. Ltd. | 481000 | 352900 |
|  # | Aten International Co. Ltd. | 583715 | 1250765 |
|  # | Auden Techno Corp. | 172000 | 459570 |
|  | Audix Corp. | 582375 | 1093901 |
|  # | AUO Corp. (2409 TT) | 23127198 | 8898181 |
|  # | AURAS Technology Co. Ltd. | 113303 | 1747326 |
|  # | Aurona Industries, Inc. | 433000 | 276813 |
|  # | Aurora Corp. | 341258 | 652533 |
|  # | Avalue Technology, Inc. | 368000 | 1128124 |
|  # | AVer Information, Inc. | 62000 | 70014 |
|  # | Avermedia Technologies | 554000 | 668238 |
|  | Awea Mechantronic Co. Ltd. | 149062 | 141453 |
|  # | Axiomtek Co. Ltd. | 476659 | 1530573 |
|  # | Azurewave Technologies, Inc. | 523000 | 749710 |
|  # | Bafang Yunji International Co. Ltd. | 272000 | 1560218 |
|  # | Bank of Kaohsiung Co. Ltd. | 5488240 | 2038111 |
|  # | Basso Industry Corp.. | 886284 | 1032395 |
|  # | BenQ Materials Corp. | 1300000 | 967309 |
|  # | BES Engineering Corp. | 9349050 | 3087767 |
|  # | Billion Electric Co. Ltd. | 404000 | 394307 |
|  # | Bin Chuan Enterprise Co. Ltd. | 663257 | 1011852 |
|  | B'in Live Co. Ltd. | 42897 | 94547 |
|  | Bionet Corp. | 12945 | 30074 |
|  # | Bionime Corp. | 193000 | 339587 |
|  #\* | Biostar Microtech International Corp. | 851712 | 501810 |
|  # | Bioteque Corp. | 406680 | 1609084 |
|  | Bizlink Holding, Inc. | 1011782 | 17127633 |
|  # | Bon Fame Co. Ltd. | 163000 | 385327 |
|  #\* | Bonny Worldwide Ltd. | 19000 | 96902 |
|  | Bora Pharmaceuticals Co. Ltd. | 174934 | 3907774 |
|  | Brave C&H Supply Co. Ltd. | 157000 | 488988 |
|  # | Bright Led Electronics Corp. | 567180 | 323734 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Brightek Optoelectronic Co. Ltd. | 207000 | $291488 |
|  | Brighten Optix Corp. | 56099 | 243718 |
|  | Brighton-Best International Taiwan, Inc. | 2965749 | 3093545 |
|  # | Brillian Network & Automation Integrated System Co. Ltd. | 44540 | 255433 |
|  | Brogent Technologies, Inc. | 22000 | 68603 |
|  # | Browave Corp. | 428000 | 2119612 |
|  # | C Sun Manufacturing Ltd. | 644258 | 2859635 |
|  #\* | Calin Technology Co. Ltd. | 330000 | 297281 |
|  | Calitech Co. Ltd. | 51000 | 99292 |
|  \* | Cameo Communications, Inc. | 1466435 | 406016 |
|  # | Capital Futures Corp. | 784187 | 1189606 |
|  # | Capital Securities Corp. | 10784614 | 8774344 |
|  #\* | Career Technology MFG. Co. Ltd. | 3697993 | 1354209 |
|  # | Carnival Industrial Corp. | 544530 | 134701 |
|  \* | Casing Macron Technology Co. Ltd. | 16000 | 8586 |
|  # | Castles Technology Co. Ltd. | 481940 | 1042795 |
|  # | Caswell, Inc. | 294000 | 826068 |
|  | Catcher Technology Co. Ltd. | 2242872 | 15267717 |
|  # | Cathay Chemical Works | 106000 | 179768 |
|  # | Cathay Consolidated, Inc. | 31099 | 90742 |
|  | Cathay Financial Holding Co. Ltd. | 14085826 | 25953268 |
|  | Cathay Real Estate Development Co. Ltd. | 4322600 | 2613193 |
|  # | Cayman Engley Industrial Co. Ltd. | 316801 | 308454 |
|  # | CCP Contact Probes Co. Ltd. | 445313 | 385336 |
|  #\* | Celxpert Energy Corp. | 599690 | 541189 |
|  # | Cenra, Inc. | 829000 | 899181 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Center Laboratories, Inc. | 3381496 | $3779223 |
|  # | Central Reinsurance Co. Ltd. | 2311575 | 1899127 |
|  | Century Iron & Steel Industrial Co. Ltd. | 1040000 | 5731216 |
|  | Chailease Holding Co. Ltd. | 4701599 | 16916801 |
|  # | Chain Chon Industrial Co. Ltd. | 1153483 | 484814 |
|  #\* | ChainQui Construction Development Co. Ltd. | 753946 | 337568 |
|  # | Chaintech Technology Corp. | 245000 | 272250 |
|  #\* | Champion Building Materials Co. Ltd. | 1595451 | 551999 |
|  | Champion Microelectronic Corp. | 98000 | 140276 |
|  | Chang Hwa Commercial Bank Ltd. | 15102584 | 8611822 |
|  # | Chang Wah Electromaterials, Inc. | 2458190 | 3309202 |
|  | Chang Wah Technology Co. Ltd. | 2356450 | 2656911 |
|  # | Channel Well Technology Co. Ltd. | 1329000 | 3015619 |
|  # | Chant Sincere Co. Ltd. | 122000 | 191097 |
|  | Charoen Pokphand Enterprise | 1376582 | 4307833 |
|  | Chateau International Development Co. Ltd. | 12810 | 11851 |
|  # | CHC Healthcare Group | 749000 | 1013448 |
|  # | CHC Resources Corp. | 481048 | 1082534 |
|  # | Chen Full International Co. Ltd. | 574000 | 860714 |
|  | Chenbro Micom Co. Ltd. | 229000 | 1788637 |
|  #\* | Cheng Fwa Industrial Co. Ltd. | 381000 | 288723 |
|  # | Cheng Loong Corp. | 6488160 | 3545577 |
|  #\* | Cheng Mei Materials Technology Corp. | 3635574 | 1469710 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Cheng Shin Rubber Industry Co. Ltd. | 9045508 | $13970921 |
|  # | Cheng Uei Precision Industry Co. Ltd. | 3027630 | 4640124 |
|  # | Chenming Electronic Technology Corp. | 314708 | 874857 |
|  # | Chia Chang Co. Ltd. | 855000 | 1039441 |
|  # | Chia Hsin Cement Corp. | 3137921 | 1456585 |
|  | Chialin Precision Industrial Co. Ltd. | 4000 | 10135 |
|  | Chian Hsing Forging Industrial Co. Ltd. | 69200 | 42628 |
|  | Chicony Electronics Co. Ltd. | 2686689 | 12945423 |
|  | Chicony Power Technology Co. Ltd. | 1134696 | 3797544 |
|  | Chief Telecom, Inc. | 134900 | 1823587 |
|  | Chien Kuo Construction Co. Ltd. | 922691 | 823551 |
|  # | Chien Shing Harbour Service Co. Ltd. | 206000 | 310570 |
|  # | Chime Ball Technology Co. Ltd. | 113282 | 121972 |
|  | China Airlines Ltd. | 17919057 | 11804377 |
|  # | China Bills Finance Corp. | 3892000 | 1814001 |
|  | China Container Terminal Corp. | 423000 | 380182 |
|  # | China Ecotek Corp. | 171000 | 296196 |
|  # | China Electric Manufacturing Corp. | 1740658 | 741633 |
|  # | China Fineblanking Technology Co. Ltd. | 281009 | 246387 |
|  # | China General Plastics Corp. | 2985607 | 1039195 |
|  # | China Glaze Co. Ltd. | 774022 | 390902 |
|  #\* | China Man-Made Fiber Corp. | 8540227 | 1696505 |
|  # | China Metal Products | 2311405 | 1916063 |
|  # | China Motor Corp. | 1469286 | 3295350 |
|  #\* | China Petrochemical Development Corp. | 25757099 | 5789901 |
|  # | China Steel Chemical Corp. | 1056998 | 3021546 |
|  # | China Steel Corp. | 27652440 | 17882641 |
|  # | China Steel Structure Co. Ltd. | 530000 | 726258 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | China Wire & Cable Co. Ltd. | 671680 | $709091 |
|  # | Chinese Maritime Transport Ltd. | 573964 | 727156 |
|  # | Ching Feng Home Fashions Co. Ltd. | 861860 | 661881 |
|  # | Chin-Poon Industrial Co. Ltd. | 2600617 | 2631527 |
|  \* | Chip Hope Co. Ltd. | 99000 | 121478 |
|  | Chipbond Technology Corp. | 4727000 | 9398810 |
|  # | ChipMOS Technologies, Inc. (8150 TT) | 4024155 | 3329097 |
|  | ChipMOS Technologies, Inc. (IMOS US), ADR | 60690 | 1001999 |
|  # | Chlitina Holding Ltd. | 361596 | 1288971 |
|  | Chong Hong Construction Co. Ltd. | 1395739 | 3823814 |
|  | Chroma ATE, Inc. | 704705 | 6441878 |
|  | Chun YU Works & Co. Ltd. | 1438500 | 941367 |
|  | Chun Yuan Steel Industry Co. Ltd. | 3122177 | 1775244 |
|  # | Chung Hung Steel Corp. | 5644926 | 2853764 |
|  | Chung Hwa Food Industrial Co. Ltd. | 101115 | 289259 |
|  #\* | Chung Hwa Pulp Corp. | 2739308 | 1094927 |
|  | Chung Lien Co. Ltd. | 24000 | 28138 |
|  | Chung Tai Resource Technology Corp. | 25000 | 57421 |
|  # | Chung-Hsin Electric & Machinery Manufacturing Corp. | 2139500 | 8536960 |
|  # | Chunghwa Chemical Synthesis & Biotech Co. Ltd. | 385000 | 351315 |
|  # | Chunghwa Precision Test Tech Co. Ltd. | 84000 | 1916842 |
|  | Chunghwa Telecom Co. Ltd. (2412 TT) | 5266000 | 21289932 |
|  | Chunghwa Telecom Co. Ltd. (CHT US), Sponsored ADR | 64401 | 2604376 |
|  # | Chyang Sheng Texing Co. Ltd. | 1336000 | 948139 |
|  # | CKM Applied Materials Corp. | 145000 | 146957 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Cleanaway Co. Ltd. (8422 TT) | 537000 | $3049296 |
|  # | Clevo Co. | 3005482 | 4504011 |
|  # | CMC Magnetics Corp. | 7080967 | 1759176 |
|  | C-Media Electronics, Inc. | 11000 | 12198 |
|  #\* | CoAsia Electronics Corp. | 524793 | 915267 |
|  # | Collins Co. Ltd. | 789060 | 378348 |
|  | Compal Electronics, Inc. | 14594560 | 12575731 |
|  # | Compeq Manufacturing Co. Ltd. | 4820000 | 8460236 |
|  | Complex Micro Interconnection Co. Ltd. | 21000 | 26953 |
|  # | Compucase Enterprise | 466000 | 957755 |
|  # | Concord International Securities Co. Ltd. | 506303 | 203357 |
|  # | Concord Securities Co. Ltd. | 4060004 | 1481734 |
|  # | Continental Holdings Corp. | 2637250 | 2008597 |
|  # | Contrel Technology Co. Ltd. | 1064000 | 1263511 |
|  # | Coremax Corp. | 449486 | 633776 |
|  # | Coretronic Corp. | 2117600 | 4167831 |
|  # | Co-Tech Development Corp. | 1626800 | 2428043 |
|  | Cowealth Medical Holding Co. Ltd. | 95369 | 52824 |
|  # | Coxon Precise Industrial Co. Ltd. | 280000 | 133009 |
|  | Creative Sensor, Inc. | 12600 | 18050 |
|  | Crowell Development Corp. | 405000 | 453419 |
|  | Cryomax Cooling System Corp. | 78565 | 74149 |
|  \* | CSBC Corp. Taiwan | 244371 | 128306 |
|  | CTBC Financial Holding Co. Ltd. | 55387931 | 68251183 |
|  | CTCI Advanced Systems, Inc. | 29000 | 127884 |
|  | CTCI Corp. | 3997896 | 3437656 |
|  # | CTI Traffic Industries Co. Ltd. | 130000 | 435941 |
|  # | Cub Elecparts, Inc. | 162000 | 456740 |
|  # | CviLux Corp. | 659378 | 966306 |
|  \* | CX Technology Co. Ltd. | 133875 | 97532 |
|  # | Cyberlink Corp. | 205504 | 637312 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | CyberPower Systems, Inc. | 345450 | $3049669 |
|  #\* | CyberTAN Technology, Inc. | 2354873 | 1667017 |
|  #\* | Cypress Technology Co. Ltd. | 284589 | 247850 |
|  # | Cystech Electronics Corp. | 90801 | 231003 |
|  # | DA CIN Construction Co. Ltd. | 1642247 | 2886514 |
|  # | Dafeng TV Ltd. | 411061 | 684293 |
|  # | Dah San Electric Wire & Cable Co. Ltd. | 407264 | 662997 |
|  # | Da-Li Development Co. Ltd. | 2501659 | 3630070 |
|  # | Darfon Electronics Corp. | 1596700 | 1897637 |
|  # | Darwin Precisions Corp. | 2803304 | 1002790 |
|  | Data Image Corp. | 25000 | 38903 |
|  # | Daxin Materials Corp. | 312500 | 1614943 |
|  # | De Licacy Industrial Co. Ltd. | 1808997 | 812932 |
|  # | Delpha Construction Co. Ltd. | 808000 | 837796 |
|  | Delta Electronics, Inc. | 2175028 | 22790370 |
|  # | Depo Auto Parts Ind Co. Ltd. | 874634 | 4991033 |
|  | Desiccant Technology Corp. | 4000 | 17889 |
|  # | DFI, Inc. | 71000 | 138981 |
|  # | Dimerco Data System Corp. | 218686 | 855941 |
|  # | Dimerco Express Corp. | 1179158 | 2715247 |
|  | DingZing Advanced Materials, Inc. | 4000 | 16139 |
|  # | D-Link Corp. | 3535537 | 1817558 |
|  # | Donpon Precision, Inc. | 446000 | 399550 |
|  # | Dr. Wu Skincare Co. Ltd. | 153000 | 645500 |
|  # | Draytek Corp. | 307000 | 326541 |
|  # | Drewloong Precision, Inc. | 166965 | 914560 |
|  #\* | Dyaco International, Inc. | 650093 | 480675 |
|  # | Dynamic Holding Co. Ltd. | 1787693 | 2409097 |
|  # | Dynamic Medical Technologies, Inc. | 66660 | 173574 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Dynapack International Technology Corp. | 1030000 | $5600998 |
|  | E Ink Holdings, Inc. | 1107000 | 7733041 |
|  | E.Sun Financial Holding Co. Ltd. | 28731501 | 25484170 |
|  # | Eastech Holding Ltd. | 238000 | 770072 |
|  \* | Eastern Media International Corp. | 1761909 | 901668 |
|  # | Eclat Textile Co. Ltd. | 614518 | 8009860 |
|  | eCloudvalley Digital Technology Co. Ltd. | 17000 | 47850 |
|  # | ECOVE Environment Corp. | 209000 | 1872460 |
|  #\* | Edimax Technology Co. Ltd. | 1230423 | 870400 |
|  # | Edison Opto Corp. | 714345 | 443160 |
|  # | Edom Technology Co. Ltd. | 1339141 | 1026857 |
|  # | eGalax_eMPIA Technology, Inc. | 351267 | 468283 |
|  | Elan Microelectronics Corp. | 1571026 | 6461826 |
|  # | E-Lead Electronic Co. Ltd. | 321746 | 487113 |
|  # | E-LIFE MALL Corp. | 520000 | 1183196 |
|  #\* | Elite Advanced Laser Corp. | 398320 | 2579708 |
|  # | Elite Material Co. Ltd. | 870839 | 15155583 |
|  | Elite Semiconductor Microelectronics Technology, Inc. | 1260390 | 2049202 |
|  # | Elitegroup Computer Systems Co. Ltd. | 1994028 | 967379 |
|  # | eMemory Technology, Inc. | 180000 | 14493869 |
|  # | Emerging Display Technologies Corp. | 865000 | 650159 |
|  | Ennoconn Corp. | 693298 | 5830981 |
|  # | Ennostar, Inc. | 4657431 | 5266205 |
|  | EnTie Commercial Bank Co. Ltd. | 2316166 | 947915 |
|  #\* | Epileds Technologies, Inc. | 484000 | 344909 |
|  #\* | Episil Technologies, Inc. | 211000 | 237568 |
|  # | Episil-Precision, Inc. | 745015 | 791752 |
|  # | Eris Technology Corp. | 141689 | 725096 |
|  # | Eson Precision Ind Co. Ltd. | 812000 | 1144737 |
|  | Eternal Materials Co. Ltd. | 6283099 | 5036237 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Eurocharm Holdings Co. Ltd. | 198000 | $959098 |
|  | Eva Airways Corp. | 16480695 | 19795448 |
|  # | Ever Supreme Bio Technology Co. Ltd. | 140554 | 730289 |
|  \* | Everest Textile Co. Ltd. | 3502829 | 741157 |
|  | Evergreen Aviation Technologies Corp. | 690000 | 2249586 |
|  | Evergreen International Storage & Transport Corp. | 3462000 | 3133739 |
|  # | Evergreen Marine Corp. Taiwan Ltd. | 2949568 | 19110188 |
|  # | EVERGREEN Steel Corp. | 1127000 | 2912705 |
|  # | Everlight Chemical Industrial Corp. | 2990756 | 1576178 |
|  # | Everlight Electronics Co. Ltd. | 3453570 | 8283454 |
|  #\* | Everspring Industry Co. Ltd. | 559300 | 190120 |
|  # | Evertop Wire Cable Corp. | 709000 | 536197 |
|  # | Excel Cell Electronic Co. Ltd. | 135000 | 77606 |
|  # | Excellence Opto, Inc. | 141000 | 90124 |
|  | Excelliance Mos Corp. | 33000 | 82586 |
|  # | Excelsior Medical Co. Ltd. | 1029394 | 2806987 |
|  # | EZconn Corp. | 221429 | 2475576 |
|  | Far Eastern Department Stores Ltd. | 8012000 | 5881088 |
|  | Far Eastern International Bank | 20812305 | 8379477 |
|  | Far Eastern New Century Corp. | 11858705 | 12203156 |
|  | Far EasTone Telecommunications Co. Ltd. | 6582391 | 17651064 |
|  # | Faraday Technology Corp. | 778837 | 4423166 |
|  | Farcent Enterprise Co. Ltd. | 43000 | 74121 |
|  | Farglory F T Z Investment Holding Co. Ltd. | 941817 | 1011682 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Farglory Land Development Co. Ltd. | 1494105 | $2789697 |
|  | FDC International Hotels Corp. | 79000 | 124968 |
|  | Feature Integration Technology, Inc. | 13000 | 24895 |
|  #\* | Federal Corp. | 2382938 | 1334699 |
|  # | Feedback Technology Corp. | 241070 | 810784 |
|  | Feng Hsin Steel Co. Ltd. | 2993131 | 5630970 |
|  # | Feng TAY Enterprise Co. Ltd. | 1966959 | 6962693 |
|  # | FIC Global, Inc. | 219000 | 205582 |
|  \* | FineMat Applied Materials Co. Ltd. | 101000 | 90770 |
|  # | FineTek Co. Ltd. | 135069 | 510424 |
|  # | Firich Enterprises Co. Ltd. | 232000 | 188522 |
|  #\* | First Copper Technology Co. Ltd. | 458000 | 505989 |
|  | First Financial Holding Co. Ltd. | 26470056 | 21078302 |
|  # | First Hi-Tec Enterprise Co. Ltd. | 518736 | 2345821 |
|  # | First Hotel | 1433293 | 594541 |
|  # | First Insurance Co. Ltd. | 1874640 | 1730503 |
|  #\* | First Steamship Co. Ltd. | 5234961 | 1009575 |
|  # | FIT Holding Co. Ltd. | 1132436 | 1664917 |
|  # | Fitipower Integrated Technology, Inc. | 593700 | 4075533 |
|  #\* | Fittech Co. Ltd. | 266945 | 600975 |
|  # | FLEXium Interconnect, Inc. | 2477724 | 3934447 |
|  # | Flytech Technology Co. Ltd. | 706070 | 2509795 |
|  # | FocalTech Systems Co. Ltd. | 741000 | 1441425 |
|  # | Forcecon Tech Co. Ltd. | 510085 | 1768189 |
|  \* | Forest Water Environment Engineering Co. Ltd. | 253176 | 237683 |
|  # | Formosa Advanced Technologies Co. Ltd. | 1383000 | 1150077 |
|  # | Formosa Chemicals & Fibre Corp. | 6799198 | 5313267 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  #\* | Formosa Electronic Industries, Inc. | 128000 | $141457 |
|  # | Formosa International Hotels Corp. | 332975 | 2076021 |
|  # | Formosa Laboratories, Inc. | 752467 | 1422456 |
|  | Formosa Oilseed Processing Co. Ltd. | 360135 | 333865 |
|  # | Formosa Optical Technology Co. Ltd. | 223000 | 971067 |
|  # | Formosa Petrochemical Corp. | 1401000 | 1533739 |
|  # | Formosa Plastics Corp. | 6452770 | 6874996 |
|  # | Formosa Sumco Technology Corp. | 264000 | 658922 |
|  # | Formosa Taffeta Co. Ltd. | 5250460 | 2721651 |
|  # | Formosan Rubber Group, Inc. | 1503128 | 1175820 |
|  # | Formosan Union Chemical | 2519936 | 1366840 |
|  # | Fortune Electric Co. Ltd. | 451534 | 5951378 |
|  \* | Forward Electronics Co. Ltd. | 13000 | 9011 |
|  | Fositek Corp. | 52000 | 749937 |
|  # | Founding Construction & Development Co. Ltd. | 1374882 | 754524 |
|  | Foxconn Technology Co. Ltd. | 3063241 | 5701586 |
|  # | Foxsemicon Integrated Technology, Inc. | 544402 | 4665515 |
|  # | Franbo Lines Corp. | 1655881 | 1035364 |
|  # | Froch Enterprise Co. Ltd. | 1509384 | 711458 |
|  # | FSP Technology, Inc. | 887619 | 1497802 |
|  # | Fu Chun Shin Machinery Manufacture Co. Ltd. | 603409 | 312433 |
|  # | Fu Hua Innovation Co. Ltd. | 2171406 | 2553810 |
|  | Fubon Financial Holding Co. Ltd. | 13863204 | 36743454 |
|  # | Fulgent Sun International Holding Co. Ltd. | 1178025 | 3753659 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  \* | Full Wang International Development Co. Ltd. | 9000 | $7791 |
|  # | Fullerton Technology Co. Ltd. | 667670 | 517903 |
|  #\* | Fulltech Fiber Glass Corp. | 3340554 | 2857214 |
|  | Fusheng Precision Co. Ltd. | 678000 | 7562891 |
|  # | Fwusow Industry Co. Ltd. | 1476109 | 653417 |
|  # | G Shank Enterprise Co. Ltd. | 1186562 | 2711616 |
|  # | Galaxy Software Services Corp. | 20995 | 119701 |
|  # | Gallant Micro Machining Co. Ltd. | 16000 | 193553 |
|  # | Gamania Digital Entertainment Co. Ltd. | 971000 | 2229682 |
|  #\* | GCS Holdings, Inc. | 401000 | 1168352 |
|  # | GEM Services, Inc. | 453970 | 921683 |
|  \* | GEM Terminal Industrial Co. Ltd. | 148000 | 86798 |
|  # | Gemtek Technology Corp. | 2619574 | 2330063 |
|  \* | General Interface Solution GIS Holding Ltd. | 1920000 | 2817126 |
|  # | General Plastic Industrial Co. Ltd. | 631478 | 627928 |
|  # | Generalplus Technology, Inc. | 436000 | 567890 |
|  \* | GeneReach Biotechnology Corp. | 140182 | 91068 |
|  # | Genesys Logic, Inc. | 308000 | 1344703 |
|  # | Genius Electronic Optical Co. Ltd. | 666576 | 7829336 |
|  | Genmont Biotech, Inc. | 55314 | 34186 |
|  # | Genovate Biotechnology Co. Ltd. | 383371 | 246527 |
|  # | GeoVision, Inc. | 416377 | 817311 |
|  # | Getac Holdings Corp. | 2306281 | 7760593 |
|  # | GFC Ltd. | 277400 | 937448 |
|  # | Giant Manufacturing Co. Ltd. | 1067355 | 4357185 |
|  # | Giantplus Technology Co. Ltd. | 1916000 | 794405 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Gigabyte Technology Co. Ltd. | 1272750 | $9188002 |
|  #\* | Gigasolar Materials Corp. | 242678 | 480992 |
|  #\* | Gigastorage Corp. | 1251576 | 478415 |
|  # | Global Brands Manufacture Ltd. | 2355175 | 4486579 |
|  # | Global Lighting Technologies, Inc. | 528000 | 742574 |
|  # | Global Mixed Mode Technology, Inc. | 516000 | 3580024 |
|  # | Global PMX Co. Ltd. | 420000 | 1209266 |
|  | Global Unichip Corp. | 282000 | 9059304 |
|  # | Globaltek Fabrication Co. Ltd. | 78000 | 152400 |
|  # | Globalwafers Co. Ltd. | 920779 | 8886488 |
|  # | Globe Union Industrial Corp. | 1815136 | 619455 |
|  # | Gloria Material Technology Corp. | 3452885 | 4766407 |
|  \* | Glotech Industrial Corp. | 99000 | 33746 |
|  #\* | GlycoNex, Inc. | 334828 | 193014 |
|  # | GMI Technology, Inc. | 1055563 | 1761270 |
|  # | Gold Circuit Electronics Ltd. | 1367372 | 8225680 |
|  # | Goldsun Building Materials Co. Ltd. | 6445965 | 7918176 |
|  # | Good Will Instrument Co. Ltd. | 411342 | 539357 |
|  # | Gordon Auto Body Parts | 610000 | 650928 |
|  # | Gourmet Master Co. Ltd. | 741102 | 2122107 |
|  # | Grand Fortune Securities Co. Ltd. | 2170214 | 835160 |
|  #\* | Grand Pacific Petrochemical | 7372579 | 2717412 |
|  # | Grand Process Technology Corp. | 96000 | 2799408 |
|  | GrandTech CG Systems, Inc. | 331890 | 547928 |
|  | Grape King Bio Ltd. | 869000 | 3700974 |
|  | Great China Metal Industry | 1132000 | 812499 |
|  # | Great Taipei Gas Co. Ltd. | 1511000 | 1453357 |
|  # | Great Tree Pharmacy Co. Ltd. | 409742 | 2044256 |
|  | Great Wall Enterprise Co. Ltd. | 4359478 | 8157952 |
|  | Greatek Electronics, Inc. | 2374000 | 4082178 |

---

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Green World FinTech Service Co. Ltd. | 455000 | $807150 |
|  # | Group Up Industrial Co. Ltd. | 308000 | 1748303 |
|  # | GTM Holdings Corp. | 1004550 | 1001221 |
|  # | Gudeng Precision Industrial Co. Ltd. | 176292 | 2036520 |
|  #\* | Hai Kwang Enterprise Corp. | 191400 | 89297 |
|  # | Hannstar Board Corp. | 2547164 | 3783396 |
|  #\* | HannStar Display Corp. | 14221323 | 3150950 |
|  #\* | HannsTouch Holdings Co. | 3937862 | 866145 |
|  # | Hanpin Electron Co. Ltd. | 381000 | 557908 |
|  | Harmony Electronics Corp. | 81000 | 77741 |
|  # | Harvatek Corp. | 1062839 | 544944 |
|  # | Heran Co. Ltd. | 97000 | 257988 |
|  # | Hey Song Corp. | 1993500 | 2438367 |
|  # | Hi-Clearance, Inc. | 146045 | 652359 |
|  # | Highlight Tech Corp. | 499273 | 709180 |
|  \* | High-Tek Harness Enterprise Co. Ltd. | 141000 | 17458 |
|  | Highwealth Construction Corp. | 5752408 | 7352249 |
|  # | Hi-Lai Foods Co. Ltd. | 77000 | 353588 |
|  # | HIM International Music, Inc. | 222200 | 674907 |
|  # | Hiroca Holdings Ltd. | 466221 | 351572 |
|  # | Hitron Technology, Inc. | 826997 | 561998 |
|  # | Hiwin Technologies Corp. | 969866 | 6694829 |
|  # | Hiyes International Co. Ltd. | 182944 | 685074 |
|  # | Ho Tung Chemical Corp. | 6315828 | 1661583 |
|  # | Hocheng Corp. | 1552266 | 866070 |
|  # | Holdings-Key Electric Wire & Cable Co. Ltd. | 582521 | 703019 |
|  # | Holiday Entertainment Co. Ltd. | 422390 | 1014748 |
|  # | Holtek Semiconductor, Inc. | 1042000 | 1327632 |
|  # | Holy Stone Enterprise Co. Ltd. | 1022358 | 2675007 |
|  | Hon Hai Precision Industry Co. Ltd. (2317 TT) | 17900403 | 79751605 |
|  # | Hong Ho Precision Textile Co. Ltd. | 350000 | 284557 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Hong Pu Real Estate Development Co. Ltd. | 1477554 | $1373061 |
|  # | Hong TAI Electric Industrial | 1557000 | 1501709 |
|  # | Hong YI Fiber Industry Co. | 1007680 | 391940 |
|  # | Horizon Securities Co. Ltd. | 2505560 | 807852 |
|  # | Hota Industrial Manufacturing Co. Ltd. | 1423816 | 2833797 |
|  # | Hotai Finance Co. Ltd. | 1025960 | 2180449 |
|  # | Hotai Motor Co. Ltd. | 544180 | 10592226 |
|  #\* | Hotron Precision Electronic Industrial Co. Ltd. | 453364 | 278743 |
|  | Hsin Ba Ba Corp. | 50017 | 137435 |
|  # | Hsin Kuang Steel Co. Ltd. | 1785000 | 2409915 |
|  # | Hsin Yung Chien Co. Ltd. | 263510 | 730709 |
|  # | Hsing TA Cement Co. | 846222 | 443803 |
|  #\* | HTC Corp. | 4551619 | 5509914 |
|  # | Hu Lane Associate, Inc. | 571493 | 2713230 |
|  # | HUA ENG Wire & Cable Co. Ltd. | 2086000 | 1607320 |
|  | Hua Jung Components Co. Ltd. | 34000 | 14246 |
|  | Hua Nan Financial Holdings Co. Ltd. | 24791365 | 20991285 |
|  # | Hua Yu Lien Development Co. Ltd. | 249000 | 930728 |
|  | Huaku Development Co. Ltd. | 2152640 | 7022249 |
|  # | Huang Hsiang Construction Corp.. | 418735 | 675989 |
|  | Huikwang Corp. | 57000 | 48323 |
|  | Hung Ching Development & Construction Co. Ltd. | 933000 | 853663 |
|  # | Hung Sheng Construction Ltd. | 2917603 | 2081798 |
|  | Huxen Corp. | 276072 | 433799 |
|  # | Hwa Fong Rubber Industrial Co. Ltd. | 1294096 | 704812 |
|  # | Hwacom Systems, Inc. | 460000 | 308069 |

---

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Hwang Chang General Contractor Co. Ltd. | 215897 | $491754 |
|  \* | Ibase Gaming, Inc. | 16000 | 14238 |
|  | Ibase Technology, Inc. | 551345 | 1055921 |
|  # | IBF Financial Holdings Co. Ltd. | 18608377 | 7046417 |
|  | ICARES Medicus, Inc. | 17600 | 61032 |
|  # | Ichia Technologies, Inc. | 1688255 | 1942392 |
|  # | I-Chiun Precision Industry Co. Ltd. | 1155784 | 2843297 |
|  \* | Ideal Bike Corp. | 684324 | 147255 |
|  # | IEI Integration Corp. | 936173 | 2468715 |
|  #\* | In Win Development, Inc. | 90000 | 232836 |
|  | Inergy Technology, Inc. | 43000 | 82236 |
|  # | Infortrend Technology, Inc. | 1508866 | 1170414 |
|  # | Info-Tek Corp. | 502000 | 484516 |
|  # | Ingentec Corp. | 77886 | 289494 |
|  | Innodisk Corp. | 569087 | 4149636 |
|  # | Innolux Corp. | 26643761 | 11410435 |
|  # | Inpaq Technology Co. Ltd. | 607199 | 1302349 |
|  # | Insyde Software Corp. | 181200 | 1454974 |
|  # | Intai Technology Corp. | 244800 | 821079 |
|  # | Integrated Service Technology, Inc. | 666669 | 2117099 |
|  #\* | IntelliEPI, Inc. | 95000 | 286431 |
|  # | Interactive Digital Technologies, Inc. | 114000 | 283200 |
|  #\* | International CSRC Investment Holdings Co. | 4824083 | 1603459 |
|  # | International Games System Co. Ltd. | 960000 | 24888857 |
|  # | Inventec Corp. | 6372276 | 8139629 |
|  # | Iron Force Industrial Co. Ltd. | 312878 | 940508 |
|  # | I-Sheng Electric Wire & Cable Co. Ltd. | 747000 | 1189566 |
|  | ITE Technology, Inc. | 896646 | 3647610 |
|  # | ITEQ Corp. | 1376608 | 2764549 |
|  # | Jarllytec Co. Ltd. | 359828 | 1387883 |
|  # | Jean Co. Ltd. | 911262 | 667788 |
|  | Jentech Precision Industrial Co. Ltd. | 186356 | 5868294 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Jetway Information Co. Ltd. | 198750 | $280065 |
|  # | Jetwell Computer Co. Ltd. | 62000 | 543671 |
|  # | Jia Wei Lifestyle, Inc. | 295000 | 462200 |
|  # | Jih Lin Technology Co. Ltd. | 335000 | 490869 |
|  # | Jiin Yeeh Ding Enterprise Co. Ltd. | 363200 | 730284 |
|  # | Jinan Acetate Chemical Co. Ltd. | 274983 | 7238665 |
|  \* | Jinli Group Holdings Ltd. | 688681 | 186994 |
|  | JMC Electronics Co. Ltd. | 18000 | 14978 |
|  # | Johnson Health Tech Co. Ltd. | 436000 | 2352601 |
|  # | Joinsoon Electronics Manufacturing Co. Ltd. | 558108 | 220804 |
|  # | Jourdeness Group Ltd. | 177000 | 199103 |
|  # | JPC connectivity, Inc. | 561450 | 2217081 |
|  # | JPP Holding Co. Ltd. | 37802 | 168020 |
|  # | JSL Construction & Development Co. Ltd. | 456943 | 1179715 |
|  # | K Laser Technology, Inc. | 962459 | 511797 |
|  # | Kaimei Electronic Corp. | 488851 | 863762 |
|  | Kaori Heat Treatment Co. Ltd. | 201321 | 1331849 |
|  | Kaulin Manufacturing Co. Ltd. | 835684 | 334791 |
|  # | Kedge Construction Co. Ltd. | 351448 | 866663 |
|  | Keding Enterprises Co. Ltd. | 14000 | 54821 |
|  # | KEE TAI Properties Co. Ltd. | 3052207 | 1210255 |
|  | Kenda Rubber Industrial Co. Ltd. | 4179017 | 3082672 |
|  | Kent Industrial Co. Ltd. | 99000 | 77363 |
|  # | Kerry TJ Logistics Co. Ltd. | 1428000 | 1584649 |
|  #\* | Key Ware Electronics Co. Ltd. | 579430 | 165936 |
|  # | Keystone Microtech Corp. | 150000 | 1374820 |
|  | KGI Financial Holding Co. Ltd. | 39429092 | 20450910 |

---

621

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | KHGEARS International Ltd. | 56504 | $267669 |
|  | Kindom Development Co. Ltd. | 2740000 | 4370859 |
|  # | King Chou Marine Technology Co. Ltd. | 504800 | 700055 |
|  # | King Polytechnic Engineering Co. Ltd. | 333900 | 489316 |
|  # | King Slide Works Co. Ltd. | 94450 | 5166035 |
|  | King Yuan Electronics Co. Ltd. | 7380032 | 20069396 |
|  # | King's Town Bank Co. Ltd. | 5631653 | 8526210 |
|  #\* | King's Town Construction Co. Ltd. | 622690 | 924829 |
|  | Kingstate Electronics Corp. | 43000 | 50868 |
|  # | Kinik Co. | 380000 | 2921148 |
|  # | Kinko Optical Co. Ltd. | 759120 | 588333 |
|  | Kinpo Electronics | 8325892 | 5199369 |
|  # | Kinsus Interconnect Technology Corp. | 2525476 | 5965783 |
|  | KMC Kuei Meng International, Inc. | 416951 | 1262106 |
|  # | KNH Enterprise Co. Ltd. | 719150 | 391639 |
|  # | Ko Ja Cayman Co. Ltd. | 137000 | 167599 |
|  # | KS Terminals, Inc. | 841290 | 1452910 |
|  | Kuang Hong Arts Management, Inc. | 20000 | 56487 |
|  | Kuen Ling Machinery Refrigerating Co. Ltd. | 11000 | 15713 |
|  # | Kung Long Batteries Industrial Co. Ltd. | 424000 | 1890619 |
|  #\* | Kung Sing Engineering Corp. | 3354135 | 1284935 |
|  # | Kuo Toong International Co. Ltd. | 1421735 | 2459158 |
|  # | Kuo Yang Construction Co. Ltd. | 1339517 | 835598 |
|  # | Kwong Fong Industries Corp. | 381733 | 147382 |
|  | Kwong Lung Enterprise Co. Ltd. | 731000 | 1190012 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | L&K Engineering Co. Ltd. | 1117261 | $8257848 |
|  # | La Kaffa International Co. Ltd. | 213947 | 619519 |
|  \* | LAN FA Textile | 1512412 | 549585 |
|  # | Lang, Inc. | 76000 | 134555 |
|  # | Lanner Electronics, Inc. | 788387 | 2156960 |
|  | Largan Precision Co. Ltd. (3008 TT) | 236234 | 16841511 |
|  # | Laser Tek Taiwan Co. Ltd. | 439086 | 589503 |
|  | Laster Tech Corp. Ltd. | 625570 | 560307 |
|  #\* | Leader Electronics, Inc. | 361097 | 129828 |
|  | Leadtrend Technology Corp. | 10000 | 15440 |
|  #\* | Lealea Enterprise Co. Ltd. | 5120683 | 1192153 |
|  | Leatec Fine Ceramics Co. Ltd. | 23000 | 12499 |
|  # | Ledlink Optics, Inc. | 309858 | 209711 |
|  | LEE CHI Enterprises Co. Ltd. | 1204000 | 421272 |
|  # | Lelon Electronics Corp. | 639122 | 1445930 |
|  | Lemtech Holdings Co. Ltd. | 215032 | 599638 |
|  # | Leo Systems, Inc. | 130000 | 125635 |
|  #\* | Leofoo Development Co. Ltd. | 790010 | 425366 |
|  #\* | Li Cheng Enterprise Co. Ltd. | 561057 | 199514 |
|  | Li Ming Development Construction Co. Ltd. | 10000 | 15119 |
|  \* | Li Peng Enterprise Co. Ltd. | 3785060 | 738175 |
|  # | Lian HWA Food Corp. | 738490 | 3011017 |
|  # | Lida Holdings Ltd. | 407000 | 258533 |
|  # | Lien Hwa Industrial Holdings Corp. | 2987787 | 4094588 |
|  # | Lingsen Precision Industries Ltd. | 2589490 | 1141500 |
|  # | Lintes Technology Co. Ltd. | 26000 | 98144 |
|  # | Lion Travel Service Co. Ltd. | 545000 | 2331907 |
|  | Lite-On Technology Corp. | 4371419 | 13220162 |
|  # | Liton Technology Corp. | 346000 | 368170 |

---

622

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  #\* | Long Bon International Co. Ltd. | 2254276 | $1209156 |
|  # | Long Da Construction & Development Corp. | 1230000 | 1346563 |
|  #\* | Longchen Paper & Packaging Co. Ltd. | 5934003 | 1693424 |
|  # | Longwell Co. | 1004000 | 2404554 |
|  # | Loop Telecommunication International, Inc. | 64000 | 105716 |
|  | Lotes Co. Ltd. | 309223 | 12158561 |
|  # | Lotus Pharmaceutical Co. Ltd. | 611000 | 4209429 |
|  # | Lu Hai Holding Corp. | 365353 | 321583 |
|  # | Lucky Cement Corp. | 1165000 | 503679 |
|  # | Lumax International Corp. Ltd. | 570513 | 1698721 |
|  #\* | Lung Yen Life Service Corp. | 1035000 | 2200285 |
|  | Lungteh Shipbuilding Co. Ltd. | 329700 | 1033628 |
|  # | Luxe Green Energy Technology Co. Ltd. | 338048 | 237249 |
|  # | LuxNet Corp. | 163705 | 788988 |
|  | M3 Technology, Inc. | 33000 | 102956 |
|  # | M31 Technology Corp. | 59080 | 951998 |
|  # | Macauto Industrial Co. Ltd. | 403000 | 642446 |
|  # | Macroblock, Inc. | 229000 | 439091 |
|  # | Macronix International Co. Ltd. | 10906837 | 6778835 |
|  # | MacroWell OMG Digital Entertainment Co. Ltd. | 54000 | 131326 |
|  # | Makalot Industrial Co. Ltd. | 846723 | 7533886 |
|  # | Marketech International Corp. | 614000 | 3086891 |
|  # | Materials Analysis Technology, Inc. | 378179 | 1842940 |
|  # | Maxigen Biotech, Inc. | 209650 | 280742 |
|  # | Mayer Steel Pipe Corp. | 1069086 | 954803 |
|  # | Maywufa Co. Ltd. | 178462 | 123107 |
|  # | Mechema Chemicals International Corp. | 306000 | 505361 |
|  #\* | Medeon Biodesign, Inc. | 122549 | 194893 |
|  | MediaTek, Inc. | 2597823 | 110389469 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Mega Financial Holding Co. Ltd. | 13213460 | $15648441 |
|  # | Meiloon Industrial Co. | 518911 | 361802 |
|  # | Mercuries & Associates Holding Ltd. | 3521247 | 1504356 |
|  # | Mercuries Data Systems Ltd. | 52000 | 40502 |
|  \* | Mercuries Life Insurance Co. Ltd. | 20829907 | 3600215 |
|  # | Merida Industry Co. Ltd. | 1010588 | 4191589 |
|  # | Merry Electronics Co. Ltd. | 1480785 | 5243285 |
|  # | METAAGE Corp. | 435000 | 695007 |
|  #\* | Metatech AP, Inc. | 70000 | 82522 |
|  #\* | Microbio Co. Ltd. | 1180144 | 873913 |
|  | Micro-Star International Co. Ltd. | 2891465 | 12646034 |
|  # | Mildef Crete, Inc. | 328000 | 1022587 |
|  # | MIN AIK Technology Co. Ltd. | 811249 | 650477 |
|  # | Mitac Holdings Corp. | 2987535 | 4975482 |
|  | Mitake Information Corp. | 31000 | 66176 |
|  | MJ International Co. Ltd. | 42377 | 40191 |
|  #\* | Mobiletron Electronics Co. Ltd. | 504960 | 515303 |
|  | momo.com, Inc. | 294325 | 2976878 |
|  #\* | MOSA Industrial Corp. | 700079 | 412025 |
|  \* | Mosel Vitelic, Inc. | 148000 | 112500 |
|  # | Motech Industries, Inc. | 1466000 | 861504 |
|  # | MPI Corp. | 375000 | 7679248 |
|  # | MSSCORPS Co. Ltd. | 271995 | 1061029 |
|  | Munsin Garment Corp. | 21000 | 32171 |
|  \* | My Humble House Hospitality Management Consulting | 37000 | 48291 |
|  # | Nak Sealing Technologies Corp. | 429549 | 1561818 |
|  # | Namchow Holdings Co. Ltd. | 1457000 | 2144952 |
|  | Nan Juen International Co. Ltd. | 3000 | 11539 |
|  # | Nan Kang Rubber Tire Co. Ltd. | 749000 | 915520 |

---

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Nan Liu Enterprise Co. Ltd. | 254000 | $448519 |
|  | Nan Pao Resins Chemical Co. Ltd. | 309000 | 3292123 |
|  #\* | Nan Ren Lake Leisure Amusement Co. Ltd. | 977072 | 361136 |
|  # | Nan Ya Plastics Corp. | 8364584 | 8015850 |
|  # | Nan Ya Printed Circuit Board Corp. | 965211 | 2980939 |
|  # | Nang Kuang Pharmaceutical Co. Ltd. | 416000 | 476421 |
|  | Nantex Industry Co. Ltd. | 1685363 | 1411282 |
|  #\* | Nanya Technology Corp. | 3573751 | 4034928 |
|  # | National Aerospace Fasteners Corp. | 129000 | 381821 |
|  # | National Petroleum Co. Ltd. | 643000 | 1243001 |
|  # | Netronix, Inc. | 439000 | 1547480 |
|  \* | New Asia Construction & Development Corp. | 821000 | 474767 |
|  | New Best Wire Industrial Co. Ltd. | 189200 | 161919 |
|  #\* | Newmax Technology Co. Ltd. | 454000 | 292978 |
|  # | Nichidenbo Corp. | 1181552 | 2385083 |
|  # | Nidec Chaun-Choung Technology Corp. | 134000 | 551442 |
|  # | Nien Hsing Textile Co. Ltd. | 805656 | 462622 |
|  | Nien Made Enterprise Co. Ltd. | 857000 | 10494678 |
|  # | Niko Semiconductor Co. Ltd. | 446974 | 556470 |
|  # | Nishoku Technology, Inc. | 282800 | 1215524 |
|  # | North-Star International Co. Ltd. | 526000 | 746616 |
|  # | Nova Technology Corp. | 198000 | 1052768 |
|  # | Novatek Microelectronics Corp. | 1621000 | 26362727 |
|  # | Nuvoton Technology Corp. | 1142000 | 2454172 |
|  | Nyquest Technology Co. Ltd. | 100000 | 127617 |
|  | O-Bank Co. Ltd. | 4778961 | 1421304 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Ocean Plastics Co. Ltd. | 873000 | $948588 |
|  | OK Biotech Co. Ltd. | 103718 | 58707 |
|  \* | Oneness Biotech Co. Ltd. | 493870 | 966828 |
|  | Optimax Technology Corp. | 119000 | 118472 |
|  # | Orient Europharma Co. Ltd. | 143000 | 205459 |
|  # | Orient Semiconductor Electronics Ltd. | 3198637 | 3218689 |
|  # | Oriental Union Chemical Corp. | 3724819 | 1586173 |
|  # | O-TA Precision Industry Co. Ltd. | 485683 | 1005631 |
|  # | Pacific Construction Co. | 1439276 | 459576 |
|  # | Pacific Hospital Supply Co. Ltd. | 387706 | 1123701 |
|  | PADAUK Technology Co. Ltd. | 17855 | 29669 |
|  #\* | Paiho Shih Holdings Corp. | 1223086 | 828337 |
|  # | Pan Asia Chemical Corp. | 467308 | 153817 |
|  # | Pan German Universal Motors Ltd. | 107000 | 952080 |
|  | Pan Jit International, Inc. | 1917074 | 2664602 |
|  # | Pan Ram International Corp. | 119000 | 114813 |
|  # | Pan-International Industrial Corp. | 2668854 | 3156659 |
|  # | Panion & BF Biotech, Inc. | 432753 | 952057 |
|  | Parade Technologies Ltd. | 270805 | 4577367 |
|  #\* | Paragon Technologies Co. Ltd. | 306248 | 169605 |
|  # | Parpro Corp. | 245000 | 329218 |
|  #\* | PChome Online, Inc. | 786581 | 921240 |
|  # | PCL Technologies, Inc. | 397129 | 1180710 |
|  # | P-Duke Technology Co. Ltd. | 348644 | 904740 |
|  | Pegatron Corp. | 6585293 | 16731732 |
|  # | Pegavision Corp. | 301912 | 3293721 |
|  | PharmaEngine, Inc. | 57000 | 159520 |
|  \* | PharmaEssentia Corp. | 190000 | 3123772 |
|  #\* | Phihong Technology Co. Ltd. | 124000 | 99992 |

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624

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Phison Electronics Corp. | 508000 | $7103183 |
|  # | Phoenix Silicon International Corp. | 1060010 | 4331704 |
|  # | Phoenix Tours International, Inc. | 193800 | 357528 |
|  \* | Phytohealth Corp. | 383000 | 159564 |
|  | Pixart Imaging, Inc. | 995000 | 6679396 |
|  # | Planet Technology Corp. | 208000 | 933637 |
|  # | Plastron Precision Co. Ltd. | 656491 | 333743 |
|  \* | Plotech Co. Ltd. | 459800 | 133368 |
|  | Podak Co. Ltd. | 7000 | 9003 |
|  | Polytronics Technology Corp. | 404239 | 541588 |
|  # | Posiflex Technology, Inc. | 192939 | 1562899 |
|  | Pou Chen Corp. | 7427005 | 7648092 |
|  # | Power Wind Health Industry, Inc. | 199319 | 824479 |
|  #\* | Powerchip Semiconductor Manufacturing Corp. | 11375000 | 5028742 |
|  | Powertech Technology, Inc. | 4340580 | 14749369 |
|  | Powertip Technology Corp. | 201000 | 77503 |
|  | Poya International Co. Ltd. | 316226 | 4734617 |
|  # | President Chain Store Corp. | 1735728 | 14194033 |
|  | President Securities Corp. | 6411644 | 4726157 |
|  | Primax Electronics Ltd. | 3242000 | 7574592 |
|  # | Prince Housing & Development Corp. | 7851140 | 2238369 |
|  | Princeton Technology Corp. | 70000 | 26500 |
|  # | Pro Hawk Corp. | 93000 | 441647 |
|  # | Progate Group Corp. | 69957 | 307996 |
|  # | Promate Electronic Co. Ltd. | 1237000 | 2746710 |
|  # | Prosperity Dielectrics Co. Ltd. | 761687 | 844420 |
|  # | Qisda Corp. | 6365525 | 5332354 |
|  # | QST International Corp. | 503415 | 846991 |
|  # | Qualipoly Chemical Corp. | 681893 | 1162393 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Quang Viet Enterprise Co. Ltd. | 265000 | $697152 |
|  # | Quanta Computer, Inc. | 2321436 | 17440221 |
|  # | Quanta Storage, Inc. | 1339000 | 3395072 |
|  #\* | Quintain Steel Co. Ltd. | 2151384 | 668810 |
|  | Radiant Opto-Electronics Corp. | 2121692 | 9855830 |
|  # | Radium Life Tech Co. Ltd. | 5499853 | 2170690 |
|  # | Rafael Microelectronics, Inc. | 55097 | 172617 |
|  # | Raydium Semiconductor Corp. | 250000 | 2542280 |
|  #\* | RDC Semiconductor Co. Ltd. | 80000 | 390042 |
|  | Realtek Semiconductor Corp. | 732861 | 12047554 |
|  | ReaLy Development&Construction Corp. | 10000 | 10029 |
|  # | Rechi Precision Co. Ltd. | 2437292 | 2266773 |
|  # | Rexon Industrial Corp. Ltd. | 836559 | 834775 |
|  # | Rich Development Co. Ltd. | 3871532 | 1090043 |
|  # | Richmond International Travel & Tours Co. Ltd. | 42000 | 117348 |
|  \* | Right WAY Industrial Co. Ltd. | 195000 | 72782 |
|  #\* | RiTdisplay Corp. | 104402 | 111889 |
|  #\* | Ritek Corp. | 4923593 | 1641052 |
|  | Rodex Fasteners Corp. | 125000 | 141651 |
|  \* | Roo Hsing Co. Ltd. | 3680000 | 412096 |
|  | Ruby Tech Corp. | 56650 | 74688 |
|  | Ruentex Development Co. Ltd. | 4682217 | 4819608 |
|  # | Ruentex Engineering & Construction Co. | 571816 | 3052198 |
|  | Ruentex Industries Ltd. | 2884253 | 4956712 |
|  # | Run Long Construction Co. Ltd. | 3509068 | 3548581 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Sakura Development Co. Ltd. | 873316 | $1661462 |
|  # | Sampo Corp. | 2123895 | 1690653 |
|  # | San Fang Chemical Industry Co. Ltd. | 1244659 | 1530481 |
|  # | San Fu Chemical Co. Ltd. | 181000 | 585355 |
|  # | San Shing Fastech Corp. | 684622 | 1137601 |
|  # | Sanyang Motor Co. Ltd. | 3330802 | 7217584 |
|  # | Savior Lifetec Corp. | 1485203 | 895678 |
|  | Scan-D Corp. | 7000 | 6694 |
|  # | SCI Pharmtech, Inc. | 239696 | 540425 |
|  | Scientech Corp. | 93000 | 791571 |
|  # | ScinoPharm Taiwan Ltd. | 1213000 | 712657 |
|  # | SciVision Biotech, Inc. | 171000 | 503569 |
|  | SDI Corp. | 929000 | 2082549 |
|  # | Sea & Land Integrated Corp. | 92500 | 66672 |
|  # | Sea Sonic Electronics Co. Ltd. | 276000 | 546934 |
|  | Senao International Co. Ltd. | 521547 | 517585 |
|  # | Senao Networks, Inc. | 226796 | 1251426 |
|  # | Sensortek Technology Corp. | 121000 | 685128 |
|  # | Sercomm Corp. | 2116000 | 6934878 |
|  # | Sesoda Corp. | 1358261 | 1411887 |
|  | Shanghai Commercial & Savings Bank Ltd. | 5057660 | 7458370 |
|  # | Shan-Loong Transportation Co. Ltd. | 619247 | 301656 |
|  # | Sharehope Medicine Co. Ltd. | 705611 | 609473 |
|  # | Sheh Fung Screws Co. Ltd. | 78000 | 99081 |
|  # | Sheng Yu Steel Co. Ltd. | 930000 | 696840 |
|  # | ShenMao Technology, Inc. | 620450 | 1135260 |
|  # | Shieh Yih Machinery Industry Co. Ltd. | 582000 | 514685 |
|  # | Shih Her Technologies, Inc. | 373000 | 1156735 |
|  #\* | Shih Wei Navigation Co. Ltd. | 2726634 | 1379063 |
|  \* | Shihlin Development Co. Ltd. | 96000 | 31549 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Shihlin Electric & Engineering Corp. | 888787 | $3984831 |
|  #\* | Shin Foong Specialty & Applied Materials Co. Ltd. | 226000 | 297636 |
|  | Shin Hai Gas Corp. | 8242 | 13143 |
|  # | Shin Hsiung Natural Gas Co. Ltd. | 253782 | 330117 |
|  \* | Shin Kong Financial Holding Co. Ltd. | 47786247 | 17633823 |
|  # | Shin Ruenn Development Co. Ltd. | 599900 | 1174727 |
|  | Shin Shin Natural Gas Co. | 12480 | 15208 |
|  # | Shin Zu Shing Co. Ltd. | 1139411 | 6647352 |
|  | Shinfox Energy Co. Ltd. | 8012 | 21751 |
|  #\* | Shining Building Business Co. Ltd. | 2773622 | 921039 |
|  # | Shinkong Insurance Co. Ltd. | 1833784 | 6123929 |
|  | Shinkong Synthetic Fibers Corp. | 8122844 | 3175965 |
|  # | Shinkong Textile Co. Ltd. | 920169 | 1184442 |
|  # | Shiny Brands Group Co. Ltd. | 25000 | 103437 |
|  # | Shiny Chemical Industrial Co. Ltd. | 634302 | 2642174 |
|  \* | Shun On Electronic Co. Ltd. | 99000 | 73224 |
|  # | Shuttle, Inc. | 2415000 | 1271643 |
|  | Sigurd Microelectronics Corp. | 3638523 | 8245172 |
|  | Silergy Corp. | 611000 | 7702448 |
|  # | Silicon Integrated Systems Corp. | 1634539 | 2491333 |
|  # | Silicon Power Computer & Communications, Inc. | 128000 | 101504 |
|  | Silitech Technology Corp. | 69521 | 84712 |
|  | Simplo Technology Co. Ltd. | 764880 | 8372255 |
|  | Sinbon Electronics Co. Ltd. | 684849 | 4771521 |
|  | Sincere Navigation Corp. | 2291741 | 1663787 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Single Well Industrial Corp. | 257351 | $189563 |
|  # | Sinher Technology, Inc. | 406000 | 327826 |
|  # | Sinmag Equipment Corp. | 296519 | 1370888 |
|  | Sino-American Silicon Products, Inc. | 2572000 | 8916220 |
|  # | Sinon Corp. | 3121740 | 3916021 |
|  | SinoPac Financial Holdings Co. Ltd. | 36997377 | 24722478 |
|  # | Sinopower Semiconductor, Inc. | 117100 | 335396 |
|  # | Sinphar Pharmaceutical Co. Ltd. | 818998 | 813996 |
|  | Sinyi Realty, Inc. | 1834314 | 1602255 |
|  # | Sirtec International Co. Ltd. | 581000 | 526533 |
|  # | Sitronix Technology Corp. | 733774 | 4862291 |
|  # | Siward Crystal Technology Co. Ltd. | 1161705 | 761893 |
|  # | Soft-World International Corp. | 385000 | 1204311 |
|  # | Solar Applied Materials Technology Corp. | 2627531 | 4339253 |
|  # | Solteam, Inc. | 454269 | 686234 |
|  \* | Solytech Enterprise Corp. | 310000 | 104895 |
|  # | Sonix Technology Co. Ltd. | 920000 | 1002998 |
|  # | Southeast Cement Co. Ltd. | 1181000 | 682130 |
|  # | Speed Tech Corp. | 706000 | 911507 |
|  | Spirox Corp. | 135745 | 211391 |
|  # | Sporton International, Inc. | 600844 | 3151048 |
|  # | Sports Gear Co. Ltd. | 173000 | 628733 |
|  # | St. Shine Optical Co. Ltd. | 384000 | 2067867 |
|  # | Standard Chemical & Pharmaceutical Co. Ltd. | 562040 | 1025418 |
|  | Standard Foods Corp. | 2674734 | 2822191 |
|  # | Stark Technology, Inc. | 618520 | 2835093 |
|  # | S-Tech Corp. | 391838 | 355533 |
|  # | STL Technology Co. Ltd. | 106000 | 274324 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Sumeeko Industries Co. Ltd. | 88000 | $226117 |
|  \* | Sun Race Sturmey-Archer, Inc. | 74000 | 44527 |
|  #\* | Sun Yad Construction Co. Ltd. | 662885 | 303456 |
|  | Sunfun Info Co. Ltd. | 165080 | 151634 |
|  # | Sunjuice Holdings Co. Ltd. | 76000 | 289938 |
|  #\* | Sunko INK Co. Ltd. | 373800 | 139508 |
|  # | SunMax Biotechnology Co. Ltd. | 146000 | 2156764 |
|  # | Sunny Friend Environmental Technology Co. Ltd. | 557257 | 1370692 |
|  | Sunonwealth Electric Machine Industry Co. Ltd. | 1628001 | 4414789 |
|  # | Sunplus Innovation Technology, Inc. | 100000 | 399965 |
|  #\* | Sunplus Technology Co. Ltd. | 2976153 | 1997722 |
|  # | Sunrex Technology Corp. | 1238145 | 2037854 |
|  # | Sunspring Metal Corp. | 849291 | 701740 |
|  #\* | Super Dragon Technology Co. Ltd. | 170000 | 167317 |
|  # | Superalloy Industrial Co. Ltd. | 134000 | 260399 |
|  # | Superior Plating Technology Co. Ltd. | 82000 | 138367 |
|  # | Supreme Electronics Co. Ltd. | 3451051 | 5499796 |
|  # | Swancor Holding Co. Ltd. | 375000 | 869693 |
|  # | Sweeten Real Estate Development Co. Ltd. | 1263556 | 1232390 |
|  # | Symtek Automation Asia Co. Ltd. | 442967 | 2148853 |
|  | Syncmold Enterprise Corp. | 718000 | 1791441 |
|  #\* | SYNergy ScienTech Corp. | 104000 | 162814 |
|  | Syngen Biotech Co. Ltd. | 14000 | 52321 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Synmosa Biopharma Corp. | 1533509 | $1549436 |
|  | Synnex Technology International Corp. | 3903732 | 8660571 |
|  | Syn-Tech Chem & Pharm Co. Ltd. | 26000 | 75810 |
|  # | Syscom Computer Engineering Co. | 71000 | 141610 |
|  # | Systex Corp. | 963293 | 3640020 |
|  # | T3EX Global Holdings Corp. | 712178 | 1575738 |
|  | TA Chen Stainless Pipe | 7962566 | 10465641 |
|  # | Ta Ya Electric Wire & Cable | 4102191 | 4596696 |
|  # | Tah Hsin Industrial Corp. | 233378 | 478698 |
|  # | TAI Roun Products Co. Ltd. | 228000 | 101708 |
|  # | TA-I Technology Co. Ltd. | 758834 | 1109606 |
|  #\* | Tai Tung Communication Co. Ltd. | 933230 | 612641 |
|  | Taichung Commercial Bank Co. Ltd. | 27768336 | 17221922 |
|  # | TaiDoc Technology Corp. | 531532 | 2227410 |
|  # | Taiflex Scientific Co. Ltd. | 1255657 | 1754501 |
|  | Tailyn Technologies, Inc. | 73000 | 61544 |
|  # | Taimide Tech, Inc. | 644940 | 1025479 |
|  # | Tainan Enterprises Co. Ltd. | 643289 | 604433 |
|  # | Tainan Spinning Co. Ltd. | 7949791 | 2993727 |
|  \* | Tainergy Tech Co. Ltd. | 285000 | 89380 |
|  # | Tai-Saw Technology Co. Ltd. | 498960 | 307841 |
|  # | Taishin Financial Holding Co. Ltd. | 34772491 | 18171046 |
|  # | TaiSol Electronics Co. Ltd. | 478000 | 741124 |
|  #\* | Taisun Enterprise Co. Ltd. | 1090775 | 705387 |
|  # | Taita Chemical Co. Ltd. | 1632792 | 615509 |
|  # | TAI-TECH Advanced Electronics Co. Ltd. | 314000 | 933904 |
|  | Taiwan Business Bank | 27874094 | 12345100 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Taiwan Chinsan Electronic Industrial Co. Ltd. | 669331 | $652460 |
|  # | Taiwan Cogeneration Corp. | 2955578 | 3776609 |
|  | Taiwan Cooperative Financial Holding Co. Ltd. | 20548420 | 15694248 |
|  | Taiwan Environment Scientific Co. Ltd. | 91280 | 61016 |
|  # | Taiwan FamilyMart Co. Ltd. | 205000 | 1332368 |
|  | Taiwan Fertilizer Co. Ltd. | 2950000 | 4731869 |
|  # | Taiwan Fire & Marine Insurance Co. Ltd. | 1425880 | 1532058 |
|  | Taiwan Fructose Co. Ltd. | 62540 | 29609 |
|  # | Taiwan FU Hsing Industrial Co. Ltd. | 1126000 | 1670820 |
|  #\* | Taiwan Glass Industry Corp. | 6301904 | 2773372 |
|  | Taiwan High Speed Rail Corp. | 5263000 | 4468089 |
|  | Taiwan Hon Chuan Enterprise Co. Ltd. | 2360906 | 11426035 |
|  # | Taiwan Hopax Chemicals Manufacturing Co. Ltd. | 1354900 | 1351029 |
|  \* | Taiwan IC Packaging Corp. | 305000 | 125031 |
|  †† | Taiwan Land Development Corp. | 6008009 | 94395 |
|  # | Taiwan Line Tek Electronic | 515700 | 344467 |
|  # | Taiwan Mask Corp. | 1529000 | 1493377 |
|  | Taiwan Mobile Co. Ltd. | 6083900 | 21600925 |
|  # | Taiwan Navigation Co. Ltd. | 1552720 | 1343208 |
|  | Taiwan Paiho Ltd. | 2145152 | 3919172 |
|  # | Taiwan PCB Techvest Co. Ltd. | 2149816 | 2022762 |
|  # | Taiwan Sakura Corp. | 1186243 | 3273326 |
|  # | Taiwan Sanyo Electric Co. Ltd. | 541650 | 642925 |
|  # | Taiwan Secom Co. Ltd. | 1664405 | 5972814 |
|  # | Taiwan Semiconductor Co. Ltd. | 1689000 | 2457418 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Taiwan Semiconductor Manufacturing Co. Ltd. (2330 TT) | 40130652 | $1137084015 |
|  | Taiwan Semiconductor Manufacturing Co. Ltd. (TSM US), Sponsored ADR | 2331292 | 388603063 |
|  # | Taiwan Shin Kong Security Co. Ltd. | 1721226 | 2203255 |
|  # | Taiwan Speciality Chemicals Corp. | 54000 | 298226 |
|  # | Taiwan Steel Union Co. Ltd. | 141000 | 456977 |
|  #\* | Taiwan Styrene Monomer | 3139404 | 884614 |
|  | Taiwan Surface Mounting Technology Corp. | 2268674 | 7269754 |
|  # | Taiwan Taxi Co. Ltd. | 210722 | 884931 |
|  #\* | Taiwan TEA Corp. | 4313896 | 2212366 |
|  # | Taiwan Union Technology Corp. | 2182000 | 9307786 |
|  # | Taiwan-Asia Semiconductor Corp. | 2113537 | 1439734 |
|  # | Taiyen Biotech Co. Ltd. | 707910 | 696074 |
|  \* | Tang Eng Iron Works Co. Ltd. | 131000 | 127652 |
|  #\* | Tatung Co. Ltd. | 4436588 | 5641797 |
|  #\* | TBI Motion Technology Co. Ltd. | 323000 | 403245 |
|  | TCC Group Holdings Co. Ltd. | 14251055 | 13243616 |
|  | TCI Co. Ltd. | 707282 | 3288652 |
|  # | Te Chang Construction Co. Ltd. | 499980 | 895303 |
|  | Team Group, Inc. | 15000 | 34446 |
|  # | Teco Electric & Machinery Co. Ltd. | 4344000 | 6657197 |
|  | Tehmag Foods Corp. | 120860 | 1143553 |
|  | TEKOM Technologies, Inc. | 12000 | 21246 |
|  | Ten Ren Tea Co. Ltd. | 171170 | 183860 |
|  | Tera Autotech Corp. | 24863 | 17696 |
|  # | Test Research, Inc. | 1115370 | 3738507 |
|  # | Test Rite International Co. Ltd. | 1513166 | 964558 |
|  #\* | Tex-Ray Industrial Co. Ltd. | 959000 | 273212 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Thermaltake Technology Co. Ltd. | 260391 | $225555 |
|  | Thinking Electronic Industrial Co. Ltd. | 520058 | 2081353 |
|  # | Thye Ming Industrial Co. Ltd. | 904793 | 2029059 |
|  | Tofu Restaurant Co. Ltd. | 23280 | 158609 |
|  | Ton Yi Industrial Corp. | 6541300 | 3704023 |
|  | Tong Hsing Electronic Industries Ltd. | 1398637 | 4635755 |
|  | Tong Ming Enterprise Co. Ltd. | 133000 | 126299 |
|  # | Tong Yang Industry Co. Ltd. | 2306341 | 9489921 |
|  # | Tong-Tai Machine & Tool Co. Ltd. | 1539804 | 1204146 |
|  # | Top Union Electronics Corp. | 863835 | 881398 |
|  | Topco Scientific Co. Ltd. | 1091707 | 8386109 |
|  # | Topco Technologies Corp. | 307468 | 621708 |
|  # | Topkey Corp. | 465000 | 2640654 |
|  # | Topoint Technology Co. Ltd. | 1041993 | 876087 |
|  | Toung Loong Textile Manufacturing | 626980 | 338793 |
|  #\* | TPK Holding Co. Ltd. | 2495000 | 2400219 |
|  # | Trade-Van Information Services Co. | 388000 | 1071016 |
|  | Transart Graphics Co. Ltd. | 31000 | 45883 |
|  # | Transcend Information, Inc. | 1258870 | 3956929 |
|  | Transcom, Inc. | 294030 | 959972 |
|  | Tripod Technology Corp. | 1865660 | 10771827 |
|  # | Trusval Technology Co. Ltd. | 45867 | 268544 |
|  # | Tsang Yow Industrial Co. Ltd. | 383000 | 290795 |
|  # | Tsann Kuen Enterprise Co. Ltd. | 497865 | 414692 |
|  # | TSC Auto ID Technology Co. Ltd. | 215085 | 1245952 |
|  # | TSEC Corp. | 550000 | 269541 |
|  | TSRC Corp. | 4275154 | 2506705 |
|  | TST Group Holding Ltd. | 6600 | 17816 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Ttet Union Corp. | 262000 | $1237749 |
|  | TTFB Co. Ltd. | 148036 | 905836 |
|  | TTY Biopharm Co. Ltd. | 1555991 | 3754852 |
|  \* | Tul Corp. | 46000 | 85978 |
|  | Tung Ho Steel Enterprise Corp. | 4416052 | 8918188 |
|  | Tung Ho Textile Co. Ltd. | 17000 | 10034 |
|  # | Tung Thih Electronic Co. Ltd. | 457400 | 954530 |
|  # | TURVO International Co. Ltd. | 229515 | 1252079 |
|  \* | Twinhead International Corp. | 40000 | 95038 |
|  # | TXC Corp. | 2510762 | 6974612 |
|  # | TYC Brother Industrial Co. Ltd. | 1212333 | 1835291 |
|  # | Tycoons Group Enterprise | 2282327 | 584694 |
|  # | Tyntek Corp. | 1782413 | 888866 |
|  # | TZE Shin International Co. Ltd. | 652200 | 408039 |
|  # | UDE Corp. | 533000 | 1365747 |
|  # | Ultra Chip, Inc. | 260000 | 474416 |
|  | U-MEDIA Communications, Inc. | 22000 | 32162 |
|  # | U-Ming Marine Transport Corp. | 3491200 | 5733734 |
|  # | Unic Technology Corp. | 517000 | 475661 |
|  # | Unictron Technologies Corp. | 100000 | 170358 |
|  | Unimicron Technology Corp. | 4277563 | 12619090 |
|  # | Union Bank of Taiwan  | 11043003 | 5746591 |
|  #\* | Union Insurance Co. Ltd. | 208000 | 188357 |
|  \* | Uniplus Electronics Co. Ltd. | 37000 | 20257 |
|  | Uni-President Enterprises Corp. | 16263734 | 39084405 |
|  # | Unitech Computer Co. Ltd. | 543365 | 654277 |
|  #\* | Unitech Printed Circuit Board Corp. | 4418078 | 3345646 |
|  #\* | United Alloy-Tech Co. | 59000 | 85711 |
|  | United Integrated Services Co. Ltd. | 937640 | 12937044 |
|  # | United Microelectronics Corp. (2303 TT) | 24563441 | 34468663 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | United Microelectronics Corp. (UMC US), Sponsored ADR | 82862 | $583348 |
|  | United Orthopedic Corp. | 572468 | 1600085 |
|  # | United Radiant Technology | 548000 | 376244 |
|  | United Recommend International Co. Ltd. | 239785 | 357859 |
|  \* | United Renewable Energy Co. Ltd. | 8651644 | 2327073 |
|  \*†† | Unity Opto Technology Co. Ltd. | 3736276 | 0 |
|  # | Univacco Technology, Inc. | 301000 | 463347 |
|  # | Universal Cement Corp. | 2954065 | 2585827 |
|  | Universal Microelectronics Co. Ltd. | 29000 | 17096 |
|  # | Universal Microwave Technology, Inc. | 115000 | 1367319 |
|  | Universal Textile Co. Ltd. | 46000 | 20304 |
|  # | Universal Vision Biotechnology Co. Ltd. | 300764 | 1682991 |
|  # | Universal, Inc. | 199000 | 177660 |
|  # | UPC Technology Corp. | 5396684 | 1406123 |
|  # | UPI Semiconductor Corp. | 38000 | 218450 |
|  # | Userjoy Technology Co. Ltd. | 320536 | 942761 |
|  # | USI Corp. | 4035226 | 1289562 |
|  #\* | Usun Technology Co. Ltd. | 199100 | 238074 |
|  # | U-Tech Media Corp. | 438000 | 189597 |
|  # | Utechzone Co. Ltd. | 377000 | 1096484 |
|  # | UVAT Technology Co. Ltd. | 189000 | 442493 |
|  # | Value Valves Co. Ltd. | 201000 | 538005 |
|  | Vanguard International Semiconductor Corp. | 5395382 | 15231224 |
|  | Ve Wong Corp. | 704524 | 840224 |
|  # | Ventec International Group Co. Ltd. | 456000 | 969378 |
|  # | VIA Labs, Inc. | 107000 | 311953 |
|  \* | Victory New Materials Ltd. Co. | 596500 | 135090 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Viking Tech Corp. | 467000 | $460574 |
|  # | Visco Vision, Inc. | 240000 | 1235445 |
|  # | VisEra Technologies Co. Ltd. | 242000 | 1535527 |
|  # | Visual Photonics Epitaxy Co. Ltd. | 741224 | 2314243 |
|  | Vivotek, Inc. | 74000 | 271353 |
|  | Vizionfocus, Inc. | 29000 | 182407 |
|  | Voltronic Power Technology Corp. | 246007 | 11535573 |
|  # | Wafer Works Corp. | 4170113 | 2627527 |
|  # | Waffer Technology Corp. | 821479 | 1285539 |
|  # | Wah Hong Industrial Corp. | 418280 | 434235 |
|  # | Wah Lee Industrial Corp. | 1303400 | 3880193 |
|  | Walsin Lihwa Corp. | 8189881 | 5305456 |
|  # | Walsin Technology Corp. | 2132496 | 5239238 |
|  # | Walton Advanced Engineering, Inc. | 2036662 | 783820 |
|  # | Wan Hai Lines Ltd. | 2531972 | 6581030 |
|  # | WAN HWA Enterprise Co. | 428452 | 152214 |
|  #\* | We & Win Development Co. Ltd. | 393000 | 130700 |
|  #\* | We&Win Diversification Co. Ltd. | 389898 | 269441 |
|  # | WEI Chih Steel Industrial Co. Ltd. | 365000 | 208794 |
|  # | Wei Chuan Foods Corp. | 2490000 | 1266288 |
|  # | Weikeng Industrial Co. Ltd. | 2926979 | 3003552 |
|  # | Well Shin Technology Co. Ltd. | 624443 | 1139577 |
|  | Welldone Co. | 131000 | 205819 |
|  | WELLELL, Inc. | 308463 | 212704 |
|  #\* | Wha Yu Industrial Co. Ltd. | 498000 | 233805 |
|  # | Wholetech System Hitech Ltd. | 393000 | 1066418 |
|  #\* | Win Semiconductors Corp. | 2038248 | 5779273 |
|  #\* | Winbond Electronics Corp. | 14373328 | 7124855 |
|  # | Winmate, Inc. | 208000 | 888772 |
|  # | Winstek Semiconductor Co. Ltd. | 523000 | 1478019 |
|  \*†† | Wintek Corp. | 6349135 | 0 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | WinWay Technology Co. Ltd. | 79000 | $2098373 |
|  # | Wisdom Marine Lines Co. Ltd. | 3469849 | 6564066 |
|  \* | Wisechip Semiconductor, Inc. | 86000 | 57573 |
|  # | Wiselink Co. Ltd. | 326478 | 959674 |
|  # | Wistron Corp. | 6777169 | 21746280 |
|  | Wistron NeWeb Corp. | 1547896 | 6104514 |
|  # | WITS Corp. | 278365 | 870824 |
|  # | Wiwynn Corp. | 217000 | 13059336 |
|  # | Wonderful Hi-Tech Co. Ltd. | 736000 | 841923 |
|  # | Wowprime Corp. | 661856 | 4604555 |
|  # | WPG Holdings Ltd. | 5574957 | 11811013 |
|  # | WT Microelectronics Co. Ltd. | 2124766 | 7783169 |
|  # | WUS Printed Circuit Co. Ltd. | 1091507 | 1321376 |
|  #\* | XAC Automation Corp. | 271000 | 223948 |
|  # | XinTec, Inc. | 1210000 | 5074193 |
|  # | X-Legend Entertainment Co. Ltd. | 56000 | 169186 |
|  # | Xxentria Technology Materials Corp. | 1120098 | 1778935 |
|  # | Ya Horng Electronic Co. Ltd. | 129000 | 239433 |
|  | Yageo Corp. | 1053657 | 15107529 |
|  | Yang Ming Marine Transport Corp. | 6339491 | 13544179 |
|  # | Yankey Engineering Co. Ltd. | 260176 | 3283707 |
|  # | YC INOX Co. Ltd. | 2720814 | 1810951 |
|  # | YCC Parts Manufacturing Co. Ltd. | 109000 | 179792 |
|  # | Yea Shin International Development Co. Ltd. | 1591860 | 1694342 |
|  #\* | Yeh-Chiang Technology Corp. | 39000 | 31014 |
|  # | Yem Chio Co. Ltd. | 2972064 | 1499442 |
|  # | Yen Sun Technology Corp. | 418000 | 549564 |
|  #\* | Yeong Guan Energy Technology Group Co. Ltd. | 712054 | 653366 |
|  # | YFC-Boneagle Electric Co. Ltd. | 740454 | 509721 |
|  # | YFY, Inc. | 7432997 | 6069624 |
|  | Yi Jinn Industrial Co. Ltd. | 1461700 | 778698 |

---

631

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Yi Shin Textile Industrial Co. Ltd. | 112000 | $67113 |
|  \* | Yieh Hsing Enterprise Co. Ltd. | 150000 | 38306 |
|  | Yieh Phui Enterprise Co. Ltd. | 6780358 | 3354049 |
|  # | Yonyu Plastics Co. Ltd. | 546050 | 353723 |
|  # | Young Fast Optoelectronics Co. Ltd. | 669137 | 1056741 |
|  \* | Young Optics, Inc. | 20000 | 27951 |
|  # | Youngtek Electronics Corp. | 862569 | 1665992 |
|  # | Yuan High-Tech Development Co. Ltd. | 26000 | 116026 |
|  | Yuanta Financial Holding Co. Ltd. | 30167764 | 29557179 |
|  # | Yuanta Futures Co. Ltd. | 212799 | 547404 |
|  # | Yuen Chang Stainless Steel Co. Ltd. | 311000 | 157985 |
|  # | Yuen Foong Yu Consumer Products Co. Ltd. | 452000 | 583516 |
|  # | Yulon Finance Corp. | 1692403 | 5717802 |
|  # | Yulon Motor Co. Ltd. | 3589526 | 4420945 |
|  | Yung Chi Paint & Varnish Manufacturing Co. Ltd. | 385350 | 907849 |
|  # | Yungshin Construction & Development Co. Ltd. | 805200 | 3128136 |
|  # | YungShin Global Holding Corp. | 1316400 | 2699906 |
|  # | Yusin Holding Corp. | 136650 | 464391 |
|  # | Zeng Hsing Industrial Co. Ltd. | 401733 | 1250843 |
|  # | Zenitron Corp. | 1297000 | 1290133 |
|  # | Zero One Technology Co. Ltd. | 664868 | 2616244 |
|  # | Zhen Ding Technology Holding Ltd. | 3373350 | 10333958 |
|  #\* | Zig Sheng Industrial Co. Ltd. | 3171638 | 951504 |
|  | ZillTek Technology Corp. | 11000 | 75051 |
|  #\* | Zinwell Corp. | 2008979 | 743142 |
|  # | Zippy Technology Corp. | 747028 | 1243123 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Zyxel Group Corp. | 2120320 | $1995720 |
|  TOTAL TAIWAN | TOTAL TAIWAN |  | 4834152975 |
|  THAILAND — (1.5%) | THAILAND — (1.5%) |  |  |
|  | AAPICO Hitech PCL (AH/F TB) | 2032688 | 730198 |
|  | AAPICO Hitech PCL (AH-R TB), NVDR | 30260 | 10870 |
|  \* | Absolute Clean Energy PCL | 13363300 | 532052 |
|  | Advanced Info Service PCL | 2305509 | 20359981 |
|  | Advanced Information Technology PCL, Class F | 7482550 | 927339 |
|  | AEON Thana Sinsap Thailand PCL | 611800 | 1932193 |
|  | After You PCL | 2137900 | 575995 |
|  | Airports of Thailand PCL | 5831200 | 6676947 |
|  | Allianz Ayudhya Capital PCL | 136500 | 135867 |
|  | Amata Corp. PCL | 4489900 | 1989239 |
|  \* | Ananda Development PCL | 16269707 | 248392 |
|  # | AP Thailand PCL | 18573436 | 4448061 |
|  | Asia Plus Group Holdings PCL | 18197900 | 1051398 |
|  \* | Asia Precision PCL | 810800 | 35194 |
|  | Asia Sermkij Leasing PCL, NVDR | 1638750 | 350758 |
|  | Asia Sermkij Leasing PCL | 152100 | 32555 |
|  # | Asian Alliance International PCL | 1859200 | 239322 |
|  | Asian Insulators PCL | 2470690 | 248511 |
|  | Asian Sea Corp. PCL | 1947850 | 448988 |
|  | Asset World Corp. PCL | 12951700 | 852978 |
|  \* | Assetwise PCL | 90900 | 17279 |
|  | B Grimm Power PCL | 2163500 | 731853 |
|  | Bangchak Corp. PCL | 7829200 | 8378803 |
|  | Bangchak Sriracha PCL | 1857000 | 291850 |
|  # | Bangkok Airways PCL | 3334600 | 1597174 |
|  | Bangkok Aviation Fuel Services PCL | 166500 | 38628 |
|  | Bangkok Bank PCL (BBLF TB) | 2198200 | 9212633 |
|  # | Bangkok Chain Hospital PCL | 3655150 | 1652231 |

---

632

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  # | Bangkok Commercial Asset Management PCL | 11146598 | $2118871 |
|  | Bangkok Dusit Medical Services PCL, Class F | 14307800 | 10279515 |
|  # | Bangkok Expressway & Metro PCL | 14486255 | 2558566 |
|  | Bangkok Land PCL | 88947523 | 1091707 |
|  | Bangkok Life Assurance PCL, NVDR | 1617728 | 813586 |
|  \* | Bangkok Ranch PCL | 4050800 | 194021 |
|  | Banpu PCL | 25360513 | 3264488 |
|  | Banpu Power PCL | 2191900 | 452750 |
|  | BCPG PCL | 977600 | 200466 |
|  # | BEC World PCL | 6788131 | 820956 |
|  # | Berli Jucker PCL | 4025650 | 2868148 |
|  | Betagro PCL | 632900 | 449026 |
|  \* | Better World Green PCL | 22969967 | 178781 |
|  \* | Beyond Securities PCL | 1832100 | 20841 |
|  | BG Container Glass PCL | 828300 | 132657 |
|  | BKI Holdings PCL | 165140 | 1394087 |
|  | Bluebik Group PCL | 80500 | 69282 |
|  \* | Bound & Beyond PCL | 614200 | 139737 |
|  | Brooker Group PCL | 6649500 | 73651 |
|  #\* | BTS Group Holdings PCL | 11045100 | 1669743 |
|  | Bumrungrad Hospital PCL | 1461400 | 7218410 |
|  # | Cal-Comp Electronics Thailand PCL, Class F | 20702938 | 3687546 |
|  | Carabao Group PCL | 925500 | 1731590 |
|  | Central Pattana PCL | 3142600 | 4774344 |
|  | Central Plaza Hotel PCL | 1194700 | 894103 |
|  | Central Retail Corp. PCL | 5238817 | 3716808 |
|  # | CH Karnchang PCL | 5135367 | 2213719 |
|  | Charoen Pokphand Foods PCL | 12509200 | 9923479 |
|  | Chayo Group PCL | 3333700 | 207577 |
|  | Chiang Mai Ram Medical Business PCL | 101600 | 3650 |
|  # | Chularat Hospital PCL | 28332200 | 1509694 |
|  | CK Power PCL | 8164000 | 659865 |
|  | Com7 PCL | 3942800 | 2431423 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  \* | Country Group Development PCL | 23756500 | $142233 |
|  \* | Country Group Holdings PCL | 14076611 | 189627 |
|  | CP ALL PCL | 4728400 | 7289705 |
|  | Delta Electronics Thailand PCL | 4450200 | 13055519 |
|  \* | Demco PCL | 814000 | 39719 |
|  # | Dhipaya Group Holdings PCL | 3194000 | 1845358 |
|  | Diamond Building Products PCL | 1408200 | 244501 |
|  | Dohome PCL | 20833 | 3368 |
|  | Don Muang Tollway PCL | 980000 | 296303 |
|  \* | Dusit Thani PCL | 153900 | 36396 |
|  # | Dynasty Ceramic PCL | 17934150 | 837518 |
|  # | Eastern Polymer Group PCL | 6171200 | 491405 |
|  # | Eastern Water Resources Development & Management PCL, Class F | 4568900 | 237985 |
|  | Ekachai Medical Care PCL | 3021790 | 565370 |
|  | Electricity Generating PCL | 577800 | 1798868 |
|  #\* | Energy Absolute PCL | 22036000 | 1438063 |
|  | Erawan Group PCL | 9979900 | 681161 |
|  | Exotic Food PCL | 1287100 | 628042 |
|  # | Forth Corp. PCL | 1084600 | 305201 |
|  | Forth Smart Service PCL | 1486849 | 289314 |
|  | Fortune Parts Industry PCL | 2261200 | 108982 |
|  | Frasers Property Thailand PCL | 109400 | 21451 |
|  # | GFPT PCL | 3649222 | 1103342 |
|  | Global Green Chemicals PCL | 81000 | 11009 |
|  # | Global Power Synergy PCL | 1338426 | 1252082 |
|  \* | Gulf Development PCL | 3196009 | 4688053 |
|  # | Gunkul Engineering PCL | 22083700 | 1051133 |
|  | Haad Thip PCL | 1429600 | 706134 |
|  # | Hana Microelectronics PCL | 3531053 | 2040093 |
|  | Heng Leasing & Capital PCL | 4499200 | 137380 |

---

633

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | Home Product Center PCL | 15956815 | $4060258 |
|  | Hwa Fong Rubber Thailand PCL, Class F | 695600 | 75380 |
|  | ICC International PCL | 64049 | 64710 |
|  # | Ichitan Group PCL | 5097900 | 1831307 |
|  | Index Livingmall PCL | 1259900 | 531794 |
|  # | Indorama Ventures PCL | 5093000 | 2896782 |
|  | Interlink Communication PCL | 2313050 | 391221 |
|  | Internet Thailand PCL  | 66500 | 9197 |
|  # | IRPC PCL | 46169690 | 1202444 |
|  | IT City PCL | 163900 | 17074 |
|  # | I-TAIL Corp. PCL | 892900 | 344811 |
|  \* | Italian-Thai Development PCL | 38425873 | 322085 |
|  \*†† | ITV PLC | 183700 | 0 |
|  #\* | Jasmine International PCL | 19253504 | 876076 |
|  #\* | Jasmine Technology Solution PCL | 386200 | 471117 |
|  # | Jaymart Group Holdings PCL | 3207800 | 821035 |
|  # | JMT Network Services PCL | 3392997 | 1401687 |
|  | Kang Yong Electric PCL | 8200 | 71923 |
|  | Karmarts PCL | 4968793 | 1413068 |
|  | Kasikornbank PCL (KBANKF TB) | 91000 | 434501 |
|  | Kasikornbank PCL (KBANKR TB), NVDR | 714000 | 3409160 |
|  | KCE Electronics PCL | 3848464 | 2004588 |
|  | KGI Securities Thailand PCL | 6829400 | 805503 |
|  # | Khon Kaen Sugar Industry PCL | 15113249 | 687686 |
|  | Kiatnakin Phatra Bank PCL | 1122407 | 1679998 |
|  | Krung Thai Bank PCL  | 6944432 | 4531915 |
|  # | Krungthai Card PCL | 2212600 | 3079955 |
|  | Ladprao General Hospital PCL, Class F | 1209300 | 131772 |
|  | Lalin Property PCL | 1613800 | 241551 |
|  | Lam Soon Thailand PCL | 2756000 | 386112 |
|  | Land & Houses PCL (LHF TB) | 18140000 | 2302458 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | Land & Houses PCL (LHR TB), NVDR | 3074080 | $390184 |
|  | Lanna Resources PCL | 33600 | 15389 |
|  | LH Financial Group PCL | 28136459 | 656981 |
|  | Loxley PCL | 11146635 | 347029 |
|  # | LPN Development PCL | 9471996 | 572771 |
|  | Major Cineplex Group PCL | 2595100 | 772975 |
|  | Malee Group PCL | 1258900 | 261918 |
|  | Master Style PcL | 157500 | 98541 |
|  | MBK PCL | 5733528 | 2643207 |
|  | MC Group PCL | 2242000 | 677869 |
|  | MCS Steel PCL | 3750900 | 870213 |
|  \* | MDX PCL | 484300 | 41754 |
|  # | Mega Lifesciences PCL | 2158200 | 1954365 |
|  | Minor International PCL | 10628130 | 8510776 |
|  | MK Restaurants Group PCL | 1341300 | 762901 |
|  \* | Mono Next PCL | 5055100 | 249691 |
|  # | Moshi Moshi Retail Corp. PLC | 365600 | 465140 |
|  | Muang Thai Insurance PCL | 27600 | 89645 |
|  | Muangthai Capital PCL | 2489000 | 3352941 |
|  | Namyong Terminal PCL | 2643000 | 272172 |
|  | Netbay PCL | 699274 | 422851 |
|  | Ngern Tid Lor PCL | 3981853 | 1430392 |
|  | Noble Development PCL | 5961100 | 378313 |
|  | Nonthavej Hospital PCL | 72300 | 57355 |
|  # | Northeast Rubber PCL | 9303400 | 1141863 |
|  | NSL Foods PCL | 334800 | 333247 |
|  # | Origin Property PCL | 5780135 | 340873 |
|  | Osotspa PCL | 3313900 | 1567419 |
|  | PCS Machine Group Holding PCL | 1542500 | 146839 |
|  # | Plan B Media PCL | 12805468 | 1840031 |
|  \* | Platinum Group PCL, Class F | 2830700 | 118634 |
|  | Polyplex Thailand PCL | 2228587 | 727184 |
|  | Praram 9 Hospital PCL | 1807850 | 1352979 |
|  # | Precious Shipping PCL | 8257500 | 1458442 |

---

634

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | Premier Marketing PCL | 2431700 | $771622 |
|  # | Prima Marine PCL | 8064634 | 1436449 |
|  | Principal Capital PCL | 1957300 | 128905 |
|  | Property Perfect PCL | 52273387 | 172132 |
|  # | Pruksa Holding PCL | 4631700 | 665534 |
|  \* | PSG Corp. PCL | 2586700 | 27102 |
|  # | PTG Energy PCL | 8443900 | 1782053 |
|  | PTT Exploration & Production PCL | 5536569 | 16491202 |
|  | PTT Global Chemical PCL | 4819858 | 2496140 |
|  # | PTT Oil & Retail Business PCL | 5361000 | 2327032 |
|  | PTT PCL | 36706900 | 34064179 |
|  # | Quality Houses PCL | 49168304 | 2207827 |
|  # | R&B Food Supply PCL | 2190000 | 280593 |
|  \* | Raimon Land PCL | 19225300 | 92083 |
|  | Rajthanee Hospital PCL | 1046000 | 413327 |
|  | Ramkhamhaeng Hospital PCL | 10500 | 5689 |
|  # | Ratch Group PCL | 2390200 | 1878244 |
|  | Ratchaphruek Hospital PCL | 2968000 | 488669 |
|  # | Ratchthani Leasing PCL | 15207094 | 669194 |
|  # | Regional Container Lines PCL | 2570000 | 1761802 |
|  | Rojana Industrial Park PCL | 5984112 | 1047959 |
|  #\* | RS PCL | 6625120 | 113046 |
|  # | S Hotels & Resorts PCL | 8172386 | 415898 |
|  | Sabina PCL | 963315 | 539260 |
|  | Saha Pathana Inter-Holding PCL | 33600 | 64122 |
|  | Sahamitr Pressure Container PCL | 1503700 | 378119 |
|  | Saha-Union PCL | 755300 | 650049 |
|  | Saksiam Leasing PCL | 3190200 | 370543 |
|  \* | Samart Corp. PCL | 2520199 | 524334 |
|  | Sansiri PCL | 96462785 | 4013868 |
|  # | Sappe PCL | 800000 | 844185 |
|  # | SC Asset Corp. PCL | 14767416 | 1025607 |
|  | SCB X PCL | 2083969 | 7423808 |
|  †† | SCG Ceramics PCL | 6288800 | 35769 |
|  # | SCG Packaging PCL | 4425600 | 1868013 |
|  # | SCGJWD Logistics PCL | 160400 | 37933 |
|  | SEAFCO PCL | 4810502 | 288011 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | Sena Development PCL | 4559850 | $262084 |
|  # | Sermsang Power Corp. Co. Ltd. | 2443806 | 351153 |
|  | Siam Cement PCL | 836000 | 4004191 |
|  | Siam Global House PCL | 4242315 | 895325 |
|  | Siam Wellness Group PCL | 3501200 | 402473 |
|  | Siamgas & Petrochemicals PCL | 5893300 | 1226117 |
|  | Sikarin PCL, Class F | 1439500 | 293028 |
|  \* | Singer Thailand PCL | 2218600 | 428378 |
|  # | Singha Estate PCL | 21262581 | 439191 |
|  | SiS Distribution Thailand PCL | 260200 | 173700 |
|  # | SISB PCL | 1235400 | 684176 |
|  \* | SKY ICT PCL | 96000 | 42533 |
|  \* | SNC Former PCL | 1905000 | 362124 |
|  | Somboon Advance Technology PCL | 2088125 | 725109 |
|  | SPCG PCL | 3684200 | 871282 |
|  # | Sri Trang Agro-Industry PCL | 6633439 | 2680779 |
|  # | Sri Trang Gloves Thailand PCL | 5401177 | 1115645 |
|  # | Srinanaporn Marketing PCL | 1416100 | 517181 |
|  | Srisawad Capital 1969 PCL, Class F | 5668728 | 263030 |
|  | Srisawad Corp. PCL | 3195523 | 2917631 |
|  | Srithai Superware PCL | 8983000 | 298492 |
|  | Srivichai Vejvivat PCL | 2926491 | 613245 |
|  # | Star Petroleum Refining PCL | 11338699 | 1849900 |
|  #\* | Stecon Group PCL | 4183287 | 920436 |
|  \* | Stella X PCL | 13241300 | 79277 |
|  \* | STP & I PCL | 8594426 | 643199 |
|  # | Supalai PCL | 9224625 | 4363092 |
|  \* | Super Energy Corp. PCL | 141162575 | 591611 |
|  | Susco PCL | 4075000 | 334246 |
|  | SVI PCL | 2050000 | 481739 |
|  | Syntec Construction PCL | 7690300 | 363738 |
|  | TAC Consumer PCL | 2905969 | 400163 |
|  # | Taokaenoi Food & Marketing PCL, Class F | 2789200 | 617874 |
|  \* | Tata Steel Thailand PCL | 20449400 | 428516 |

---

635

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | Thai Life Insurance PCL | 2448600 | $901595 |
|  | Thai Nakarin Hospital PCL | 168000 | 170389 |
|  # | Thai Oil PCL | 3916789 | 3136480 |
|  \* | Thai Reinsurance PCL | 8794100 | 105303 |
|  | Thai Stanley Electric PCL (STANLY/F TB), Class F | 231200 | 1508804 |
|  | Thai Stanley Electric PCL (STANLY-R TB), NVDR | 7500 | 48945 |
|  # | Thai Union Group PCL | 10137260 | 3277426 |
|  | Thai Vegetable Oil PCL | 3470257 | 2358175 |
|  | Thai Wah PCL | 4164200 | 269261 |
|  #\* | Thaicom PCL | 4822100 | 1313609 |
|  # | Thaifoods Group PCL | 10502626 | 1682055 |
|  | Thanachart Capital PCL | 1058300 | 1512762 |
|  #\* | Thonburi Healthcare Group PCL | 1183200 | 343573 |
|  # | Thoresen Thai Agencies PCL | 10575500 | 1304327 |
|  | Tipco Asphalt PCL (TASCO/F TB) | 3467890 | 1557203 |
|  | TIPCO Foods PCL | 1532900 | 431350 |
|  # | Tisco Financial Group PCL (TISCO/F TB) | 997700 | 2934412 |
|  | Tisco Financial Group PCL (TISCOR TB), NVDR | 90 | 265 |
|  | TKS Technologies PCL | 2077972 | 351461 |
|  | TMBThanachart Bank PCL | 56078683 | 3072115 |
|  | TMT Steel PCL | 2855800 | 285537 |
|  | TOA Paint Thailand PCL | 2071799 | 632610 |
|  # | TPI Polene PCL | 48531460 | 1365651 |
|  | TPI Polene Power PCL | 15624828 | 982252 |
|  # | TQM Alpha PCL | 1138196 | 565606 |
|  | Triple i Logistics PCL | 352900 | 49441 |
|  \* | True Corp. PCL | 42384284 | 15352487 |
|  \* | TTCL PCL | 30878 | 952 |
|  # | TTW PCL | 6340900 | 1670406 |
|  | Union Auction PCL | 1622000 | 349600 |
|  # | Unique Engineering & Construction PCL | 5285405 | 306951 |
|  | United Paper PCL | 2154200 | 490104 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | Univanich Palm Oil PCL | 5283100 | $1447100 |
|  | Univentures PCL | 1355100 | 38537 |
|  | Vanachai Group PCL | 5890840 | 380907 |
|  #\* | VGI PCL | 12707400 | 867321 |
|  | WHA Corp. PCL | 22243300 | 2010919 |
|  # | WHA Utilities & Power PCL | 4484362 | 445684 |
|  | WICE Logistics PCL | 2060300 | 151724 |
|  \* | Workpoint Entertainment PCL | 1863080 | 253207 |
|  #\* | Xspring Capital PCL | 26075833 | 624477 |
|  TOTAL THAILAND | TOTAL THAILAND | TOTAL THAILAND | 416857686 |
|  TURKEY — (0.9%) | TURKEY — (0.9%) |  |  |
|  | Adel Kalemcilik Ticaret ve Sanayi AS | 424142 | 369142 |
|  \* | Adese Alisveris Merkezleri Ticaret AS | 6407110 | 403718 |
|  | Agesa Hayat ve Emeklilik AS | 307731 | 1076793 |
|  # | Akbank TAS | 11333136 | 14401238 |
|  | Akcansa Cimento AS | 289852 | 1058894 |
|  | Aksa Akrilik Kimya Sanayii AS | 6376824 | 1586486 |
|  # | Aksa Enerji Uretim AS | 873455 | 707730 |
|  \* | Aksigorta AS | 3421294 | 537478 |
|  # | Alarko Holding AS | 540663 | 1295875 |
|  | Albaraka Turk Katilim Bankasi AS | 17445925 | 2735466 |
|  \* | Alcatel-Lucent Teletas Telekomunikasyon AS | 10983 | 28383 |
|  | Alfa Solar Enerji Sanayi VE Ticaret AS | 136992 | 158942 |
|  \* | Alkim Alkali Kimya AS | 897767 | 342795 |
|  | Anadolu Anonim Turk Sigorta Sirketi | 1346833 | 3062660 |
|  # | Anadolu Efes Biracilik Ve Malt Sanayii AS | 478509 | 1990054 |
|  | Anadolu Hayat Emeklilik AS | 532267 | 1111921 |
|  | Anadolu Isuzu Otomotiv Sanayi Ve Ticaret AS, Class C | 115761 | 165211 |
|  #\* | Arcelik AS | 325658 | 965123 |
|  | ARD Grup Bilisim Teknolojileri AS | 1002909 | 657737 |

---

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  \* | Arena Bilgisayar Sanayi ve Ticaret AS | 59805 | $68010 |
|  | Aselsan Elektronik Sanayi Ve Ticaret AS | 1207107 | 4252489 |
|  # | Astor Transformator Enerji Turizm Insaat Ve Petrol Sanayi Ticaret AS | 969909 | 2541286 |
|  | Atp Yazilim ve Teknoloji AS | 13407 | 26949 |
|  | Aydem Yenilenebilir Enerji AS | 671729 | 277822 |
|  | Aygaz AS | 324547 | 1080036 |
|  \* | Bagfas Bandirma Gubre Fabrikalari AS | 282584 | 173361 |
|  \* | Baticim Bati Anadolu Cimento Sanayii AS | 12819810 | 1762702 |
|  \* | BatiSoke Soke Cimento Sanayii TAS | 1317356 | 710555 |
|  \* | Bera Holding AS | 4820287 | 1824527 |
|  # | BIM Birlesik Magazalar AS | 286459 | 3365393 |
|  \* | Biotrend Cevre VE Enerji Yatirimlari AS | 732821 | 348274 |
|  \* | Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi VE Ticaret AS | 418650 | 180043 |
|  | Bogazici Beton Sanayi Ve Ticaret AS | 677027 | 408704 |
|  #\* | Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret AS | 48426 | 458801 |
|  | Borusan Yatirim ve Pazarlama AS | 5752 | 318226 |
|  \* | Bosch Fren Sistemleri Sanayi ve Ticaret AS | 1768 | 29810 |
|  | Brisa Bridgestone Sabanci Sanayi ve Ticaret AS | 137002 | 309595 |
|  | Bursa Cimento Fabrikasi AS | 5085858 | 1013808 |
|  \* | Can2 Termik AS | 1811639 | 75960 |
|  | Celebi Hava Servisi AS | 15043 | 986548 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  \* | Cemas Dokum Sanayi AS | 1693587 | $319686 |
|  | Cemtas Celik Makina Sanayi Ve Ticaret AS | 1609337 | 710678 |
|  \* | Cimbeton Hazirbeton ve Prefabrik Yapi Elemanlari Sanayi ve Ticaret AS | 2895 | 185172 |
|  # | Cimsa Cimento Sanayi VE Ticaret AS | 1232524 | 1505173 |
|  | Coca-Cola Icecek AS | 2569534 | 3486827 |
|  | Deva Holding AS | 263930 | 389342 |
|  | Dogan Sirketler Grubu Holding AS | 6941612 | 2819939 |
|  | Doganlar Mobilya Grubu Imalat Sanayi ve Ticaret AS | 12638 | 2187 |
|  # | Dogus Otomotiv Servis ve Ticaret AS | 477275 | 2430292 |
|  | Eczacibasi Yatirim Holding Ortakligi AS | 73688 | 332383 |
|  | EGE Endustri VE Ticaret AS | 4033 | 935612 |
|  | EGE Gubre Sanayii AS | 336669 | 577101 |
|  | EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS | 859769 | 982482 |
|  #W | Enerjisa Enerji AS | 703788 | 992096 |
|  # | Enka Insaat ve Sanayi AS | 2194936 | 3662013 |
|  | Erbosan Erciyas Boru Sanayii ve Ticaret AS | 92552 | 379981 |
|  # | Eregli Demir ve Celik Fabrikalari TAS | 3791356 | 2226354 |
|  | Escar Turizm Tasimacilik Ticaret AS | 951111 | 1656095 |
|  \* | Escort Teknoloji Yatirim AS | 821942 | 52487 |
|  \* | Esenboga Elektrik Uretim AS | 459956 | 493108 |
|  | Europap Tezol Kagit Sanayi VE Ticaret AS | 539611 | 211147 |

---

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  \* | Europen Endustri Insaat Sanayi VE Ticaret AS | 6309556 | $874262 |
|  \* | Europower Enerji VE Otomasyon Teknolojileri Sanayi Ticaret AS | 39609 | 25801 |
|  # | Ford Otomotiv Sanayi AS | 56327 | 1299577 |
|  | GEN Ilac VE Saglik Urunleri Sanayi VE Ticaret AS | 60098 | 198051 |
|  \* | Gersan Elektrik Ticaret ve Sanayi AS | 1157335 | 260238 |
|  \* | Girsim Elektrik Sanayi Taahut Ve Ticaret AS | 283869 | 298991 |
|  | Global Yatirim Holding AS | 15717855 | 3011300 |
|  | Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS | 103575 | 1039306 |
|  \* | Goodyear Lastikleri TAS | 205803 | 88712 |
|  \* | Gozde Girisim Sermayesi Yatirim Ortakligi AS | 1466433 | 661645 |
|  \* | GSD Holding AS | 7991502 | 873246 |
|  \* | Gubre Fabrikalari TAS | 68432 | 490978 |
|  \* | Hitit Bilgisayar Hizmetleri AS | 261415 | 279040 |
|  \* | HUN Yenilenebilir Enerji Uretim AS | 649995 | 58004 |
|  \* | Ihlas Holding AS | 1562253 | 93138 |
|  | Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS | 3452648 | 599242 |
|  #\* | Ipek Dogal Enerji Kaynaklari Arastirma Ve Uretim AS | 470364 | 815614 |
|  \* | Is Finansal Kiralama AS | 4278335 | 1404311 |
|  | Is Yatirim Menkul Degerler AS | 2772021 | 2598294 |
|  \* | Isiklar Enerji ve Yapi Holding AS | 3588618 | 970458 |
|  \* | Izmir Demir Celik Sanayi AS | 4578613 | 595006 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  \* | Izmir Firca Sanayi ve Ticaret AS | 13343 | $28470 |
|  | Jantsa Jant Sanayi Ve Ticaret AS | 1036095 | 577461 |
|  | Kalekim Kimyevi Maddeler Sanayi ve Ticaret AS | 674063 | 534663 |
|  \* | Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS (KRDMA TI), Class A | 2003435 | 2019306 |
|  #\* | Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS (KRDMD TI), Class D | 6910355 | 4195010 |
|  \* | Karel Elektronik Sanayi ve Ticaret AS | 156434 | 33150 |
|  \* | Karsan Otomotiv Sanayii Ve Ticaret AS | 1317823 | 349500 |
|  \* | Kartonsan Karton Sanayi ve Ticaret AS | 48100 | 98696 |
|  \* | Katmerciler Arac Ustu Ekipman Sanayi ve Ticaret AS | 16482182 | 635784 |
|  \* | Kerevitas Gida Sanayi ve Ticaret AS | 776249 | 325972 |
|  | Kervan Gida Sanayi Ve Ticaret AS | 4500922 | 235322 |
|  | Kiler Holding AS | 75129 | 50076 |
|  # | KOC Holding AS | 2000948 | 7204289 |
|  | Kocaer Celik Sanayi Ve Ticaret AS | 2500887 | 801827 |
|  # | Kontrolmatik Enerji Ve Muhendislik AS | 260198 | 184874 |
|  \* | Konya Cimento Sanayii AS | 4804 | 754899 |
|  #\* | Kordsa Teknik Tekstil AS | 324497 | 465392 |
|  \* | Koza Anadolu Metal Madencilik Isletmeleri AS | 380012 | 857362 |
|  | LDR Turizm AS | 282510 | 1414635 |
|  | Logo Yazilim Sanayi Ve Ticaret AS | 367845 | 1310569 |

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638

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  | Lokman Hekim Engurusag Saglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS | 961338 | $389565 |
|  \* | Margun Enerji Uretim Sanayi VE Ticaret AS | 619428 | 427779 |
|  | Matriks Bilgi Dagitim Hizmetleri AS | 19447 | 10436 |
|  W | Mavi Giyim Sanayi Ve Ticaret AS, Class B | 3146574 | 2649636 |
|  #\* | MIA Teknoloji AS | 1767732 | 1607787 |
|  | Migros Ticaret AS | 74650 | 930898 |
|  \*W | MLP Saglik Hizmetleri AS | 374006 | 3183776 |
|  \* | Naturel Yenilenebilir Enerji Ticaret AS | 270745 | 303795 |
|  | Naturelgaz Sanayi ve Ticaret AS | 297110 | 61236 |
|  \* | NET Holding AS | 1414526 | 1350337 |
|  | Nuh Cimento Sanayi AS | 283836 | 1803747 |
|  #\* | ODAS Elektrik Uretim ve Sanayi Ticaret AS | 7940165 | 998433 |
|  \* | Orge Enerji Elektrik Taahhut AS | 387937 | 999524 |
|  | Osmanli Yatirim Menkul Degerler AS | 339722 | 73334 |
|  | Otokar Otomotiv Ve Savunma Sanayi AS | 51372 | 505019 |
|  #\* | Oyak Cimento Fabrikalari AS | 3833869 | 2346819 |
|  \* | Oyak Yatirim Menkul Degerler AS | 335570 | 229344 |
|  | Panelsan Cati Cephe Sistemleri Sanayi VE Ticaret AS | 203772 | 178206 |
|  \* | Pegasus Hava Tasimaciligi AS | 873618 | 5080739 |
|  \* | Peker Gayrimenkul Yatirim Ortakligi AS | 7902397 | 288287 |
|  | Penta Teknoloji Urunleri Dagitim Ticaret AS | 539793 | 183908 |
|  #\* | Petkim Petrokimya Holding AS | 2664681 | 1123030 |
|  \* | Polisan Holding AS | 270190 | 108232 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  \* | Politeknik Metal Sanayi ve Ticaret AS | 1785 | $292687 |
|  \* | Qua Granite Hayal | 3236610 | 447418 |
|  \* | Ral Yatirim Holding AS | 874225 | 2678378 |
|  \* | Reysas Tasimacilik ve Lojistik Ticaret AS | 2953037 | 1133954 |
|  | Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS | 2566755 | 1256705 |
|  #\* | Sasa Polyester Sanayi AS | 1710697 | 188695 |
|  | SDT Uzay VE Savunma Teknolojileri AS | 19188 | 96279 |
|  | Sekerbank Turk AS | 16972942 | 2291745 |
|  | Selcuk Ecza Deposu Ticaret ve Sanayi AS | 684094 | 1144282 |
|  | Sok Marketler Ticaret AS | 1073246 | 1052777 |
|  | SUN Tekstil Sanayi Ve Ticaret AS | 489914 | 451267 |
|  | Suwen Tekstil Sanayi Pazarlama AS | 1244775 | 344599 |
|  \* | Tapdi Oksijen Ozel Saglik Hizmetleri Sanayi VE Ticaret AS | 33240 | 29126 |
|  \* | Tatlipinar Enerji Uretim AS | 292055 | 306529 |
|  \* | TAV Havalimanlari Holding AS | 509471 | 3032678 |
|  #\* | Tekfen Holding AS | 2194636 | 7817289 |
|  \* | Teknosa Ic Ve Dis Ticaret AS | 659782 | 408275 |
|  # | Tofas Turk Otomobil Fabrikasi AS | 440404 | 2303176 |
|  \* | Tukas Gida Sanayi ve Ticaret AS | 15022247 | 934125 |
|  \* | Tumosan Motor ve Traktor Sanayi AS | 248970 | 539562 |
|  #\* | Turk Altin Isletmeleri AS | 798685 | 519756 |
|  #\* | Turk Hava Yollari AO | 1661642 | 12329258 |
|  \* | Turk Ilac VE Serum Sanayi AS | 37255 | 19065 |
|  #\* | Turk Telekomunikasyon AS | 2326620 | 3178357 |
|  # | Turk Traktor ve Ziraat Makineleri AS | 111270 | 1757040 |

---

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  | Turkcell Iletisim Hizmetleri AS | 3133392 | $7349532 |
|  | Turkiye Garanti Bankasi AS | 2048140 | 5505245 |
|  | Turkiye Is Bankasi AS, Class C | 26058433 | 7016110 |
|  | Turkiye Petrol Rafinerileri AS | 3708983 | 12055404 |
|  | Turkiye Sigorta AS | 3856193 | 1756807 |
|  #\* | Turkiye Sinai Kalkinma Bankasi AS | 16051342 | 4378815 |
|  # | Turkiye Sise ve Cam Fabrikalari AS | 1672646 | 1494430 |
|  #\* | Turkiye Vakiflar Bankasi TAO, Class D | 11268172 | 6101555 |
|  #\* | Ulker Biskuvi Sanayi AS | 359260 | 999154 |
|  \* | Ulusoy Un Sanayi ve Ticaret AS | 822040 | 123562 |
|  \* | Usak Seramik Sanayii AS | 2987425 | 472797 |
|  \* | Vakif Finansal Kiralama AS | 15712815 | 852531 |
|  | Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS | 74439 | 119426 |
|  | Vestel Beyaz Esya Sanayi ve Ticaret AS | 3132944 | 946486 |
|  \* | Vestel Elektronik Sanayi ve Ticaret AS | 1028555 | 1084255 |
|  #\* | Yapi ve Kredi Bankasi AS | 13905693 | 8270200 |
|  \* | Yatas Yatak ve Yorgan Sanayi ve Ticaret AS | 906339 | 547777 |
|  \* | Yayla Agro Gida Sanayi VE Nakliyat AS | 616382 | 139300 |
|  \* | YEO Teknoloji Enerji VE Endustri AS | 507427 | 559713 |
|  | Ziraat Gayrimenkul Yatirim Ortakligi AS | 1131674 | 713090 |
|  \* | Zorlu Enerji Elektrik Uretim AS | 11609650 | 967740 |
|  TOTAL TURKEY | TOTAL TURKEY | TOTAL TURKEY | 246671989 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED ARAB EMIRATES — (1.6%) | UNITED ARAB EMIRATES — (1.6%) |  |  |
|  | Abu Dhabi Commercial Bank PJSC | 8888324 | $28165745 |
|  | Abu Dhabi Islamic Bank PJSC | 6729319 | 33503717 |
|  | Abu Dhabi National Hotels | 6878660 | 975245 |
|  | Abu Dhabi National Insurance Co. PSC | 130367 | 219077 |
|  | Abu Dhabi National Oil Co. for Distribution PJSC | 9458903 | 8680113 |
|  \* | Abu Dhabi Ports Co. PJSC | 1881812 | 2036751 |
|  | Abu Dhabi Ship Building Co. PJSC | 435036 | 716162 |
|  | ADNOC Drilling Co. PJSC | 6930773 | 9246897 |
|  | Agility Global PLC | 2232243 | 746553 |
|  | Agthia Group PJSC | 2320350 | 2856587 |
|  | Air Arabia PJSC | 17773379 | 16910997 |
|  | Ajman Bank PJSC | 9170184 | 3771094 |
|  \* | AL Seer Marine Supplies & Equipment Co. LLC | 872970 | 695146 |
|  | Aldar Properties PJSC | 6128711 | 13801574 |
|  | Alpha Dhabi Holding PJSC | 286594 | 883751 |
|  | Amanat Holdings PJSC | 7799646 | 2292290 |
|  | Americana Restaurants International PLC - Foreign Co | 1487179 | 914763 |
|  \* | Amlak Finance PJSC | 8588913 | 1970494 |
|  \* | Apex Investment Co. PSC | 2358994 | 2524329 |
|  \*†† | Arabtec Holding PJSC | 1809860 | 0 |
|  \* | Aramex PJSC | 5064139 | 3835222 |
|  \* | Bank of Sharjah | 100232 | 25057 |
|  | Burjeel Holdings PLC | 5384793 | 2214845 |
|  | Dana Gas PJSC | 38260651 | 7761265 |
|  | Deyaar Development PJSC | 11438161 | 2873334 |
|  | Dubai Electricity & Water Authority PJSC | 5349941 | 3903818 |
|  | Dubai Financial Market PJSC | 8442548 | 3149935 |
|  | Dubai Investments PJSC | 12768689 | 8077339 |

---

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |
|  | Dubai Islamic Bank PJSC | 15610530 | $32162235 |
|  | Emaar Development PJSC | 8288774 | 30206149 |
|  | Emaar Properties PJSC | 22537337 | 80531577 |
|  | Emirates Central Cooling Systems Corp | 4667591 | 2051215 |
|  | Emirates Driving Co. | 359027 | 239272 |
|  | Emirates Integrated Telecommunications Co. PJSC | 1164848 | 2761237 |
|  | Emirates NBD Bank PJSC | 5334526 | 29854558 |
|  \* | Emirates Reem Investments PJSC | 46142 | 34002 |
|  | Emirates Telecommunications Group Co. PJSC | 6853285 | 32476016 |
|  \* | EMSTEEL Building Materials PJSC | 10561775 | 3339255 |
|  \* | Eshraq Investments PJSC | 7422542 | 922153 |
|  | Fertiglobe PLC | 7133017 | 4413619 |
|  | First Abu Dhabi Bank PJSC | 7609855 | 31136544 |
|  \* | Ghitha Holding PJSC | 131881 | 641374 |
|  \* | Gulf Navigation Holding PJSC | 1112100 | 1633275 |
|  \* | Gulf Pharmaceutical Industries PSC | 1283076 | 479458 |
|  \* | International Holding Co. PJSC | 16916 | 1848130 |
|  \* | Manazel PJSC | 8913842 | 856669 |
|  \* | Multiply Group PJSC | 10509497 | 6174656 |
|  | National Central Cooling Co. PJSC | 191364 | 137543 |
|  \* | National Corp. for Tourism & Hotels | 296781 | 197075 |
|  | Palms Sports PrJSC | 144639 | 254899 |
|  \* | Presight AI Holding PLC | 1140104 | 601891 |
|  \* | RAK Properties PJSC | 10350829 | 3585128 |
|  | Ras Al Khaimah Ceramics PJSC | 3388555 | 2295959 |
|  | Salik Co. PJSC | 4884138 | 6729398 |
|  \* | Shuaa Capital PSC | 6794195 | 447582 |
|  \* | Space42 PLC | 4314630 | 1949956 |
|  | Taaleem Holdings PJSC | 432302 | 427789 |
|  | TECOM Group PJSC | 834304 | 709039 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |
|  \* | Union Properties PJSC | 17009230 | $| 2638891 |
|  TOTAL UNITED ARAB EMIRATES | TOTAL UNITED ARAB EMIRATES |  |  | 444488644 |
|  UNITED KINGDOM — (0.1%) | UNITED KINGDOM — (0.1%) |  |  |  |
|  | Anglogold Ashanti PLC (AU US) | 501755 |  | 21153991 |
|  UNITED STATES — (0.2%) | UNITED STATES — (0.2%) |  |  |  |
|  #\*W | HUUUGE, Inc. | 42466 |  | 207020 |
|  | Yum China Holdings, Inc. (9987 HK) | 84650 |  | 3954632 |
|  | Yum China Holdings, Inc. (YUMC US) | 1120797 |  | 48541718 |
|  TOTAL UNITED STATES | TOTAL UNITED STATES |  |  | 52703370 |
|  TOTAL COMMON STOCKS | TOTAL COMMON STOCKS |  |  | 26971104091 |
|  PREFERRED STOCKS — (0.9%) | PREFERRED STOCKS — (0.9%) | PREFERRED STOCKS — (0.9%) | PREFERRED STOCKS — (0.9%) | PREFERRED STOCKS — (0.9%) |
|  BRAZIL — (0.9%) | BRAZIL — (0.9%) |  |  |  |
|  | Alpargatas SA, 1.438% | 790460 |  | 1030705 |
|  | Banco ABC Brasil SA, 7.581% | 737378 |  | 2819503 |
|  W | Banco BMG SA, 10.131% | 909136 |  | 610347 |
|  | Banco Bradesco SA, 9.775% | 6466753 |  | 15645140 |
|  | Banco do Estado do Rio Grande do Sul SA, 9.502% | 1577973 |  | 3197570 |
|  | Banco Mercantil do Brasil SA, 6.310% | 17404 |  | 108193 |
|  | Banco Pan SA, 3.173% | 1178401 |  | 1580158 |
|  | Banco Pine SA, 10.291% | 310460 |  | 262585 |
|  \* | Braskem SA | 284731 |  | 535330 |
|  | Centrais Eletricas Brasileiras SA, 4.010% | 323377 |  | 2748204 |
|  | Centrais Eletricas de Santa Catarina SA, 8.134% | 65563 |  | 949743 |
|  | Cia de Ferro Ligas da Bahia FERBASA, 7.259% | 1543128 |  | 1971345 |
|  | Cia De Sanena Do Parana, 5.195% | 5317906 |  | 5697271 |

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**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  | Cia Energetica de Minas Gerais, 10.929% | 5479913 | $10573297 |
|  | Cia Energetica do Ceara, 5.404% | 72603 | 319956 |
|  | Cia Paranaense de Energia - Copel Class B, 7.077% | 3838043 | 7797615 |
|  | Energisa SA, 6.888% | 2742 | 4073 |
|  | Eucatex SA Industria e Comercio, 5.851% | 255900 | 566798 |
|  | Gerdau SA, 5.337% | 1913073 | 5053076 |
|  | Isa Energia Brasil SA, 9.841% | 705895 | 2983960 |
|  | Itau Unibanco Holding SA, 6.726% | 5148488 | 32278125 |
|  | Marcopolo SA, 8.381% | 4141425 | 5137421 |
|  | Petroleo Brasileiro SA, 17.822% | 22001222 | 116264178 |
|  | Raizen SA, 0.553% | 5626827 | 1794588 |
|  | Randon SA Implementos e Participacoes, 4.054% | 1783426 | 2818838 |
|  | Schulz SA, 7.575% | 781878 | 754992 |
|  | Taurus Armas SA, 5.969% | 454084 | 678508 |
|  | Track & Field Co. SA, 2.041% | 128862 | 262258 |
|  | Unipar Carbocloro SA, 9.231% | 503605 | 4842467 |
|  \* | Usinas Siderurgicas de Minas Gerais SA Usiminas | 3223567 | 3141120 |
|  TOTAL BRAZIL | TOTAL BRAZIL |  | 232427364 |
|  CHILE — (0.0%) | CHILE — (0.0%) |  |  |
|  | Coca-Cola Embonor SA Class B, 7.790% | 319716 | 449748 |
|  | Embotelladora Andina SA, 7.252% | 897867 | 3840321 |
|  TOTAL CHILE | TOTAL CHILE |  | 4290069 |
|  COLOMBIA — (0.0%) | COLOMBIA — (0.0%) |  |  |
|  \* | Banco Davivienda SA | 334838 | 1735376 |
|  | Bancolombia SA, 10.424% | 80974 | 831668 |
|  | Grupo Argos SA, 3.933% | 93838 | 366419 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COLOMBIA — (Continued) | COLOMBIA — (Continued) |  |  |
|  | Grupo Aval Acciones y Valores SA, 3.937% | 9901271 | $1344985 |
|  | Grupo de Inversiones Suramericana SA, 3.782% | 257639 | 2297403 |
|  TOTAL COLOMBIA | TOTAL COLOMBIA |  | 6575851 |
|  PHILIPPINES — (0.0%) | PHILIPPINES — (0.0%) |  |  |
|  | Cebu Air, Inc., 6.000% | 1085247 | 739325 |
|  TOTAL PREFERRED STOCKS | TOTAL PREFERRED STOCKS |  | 244032609 |
|  RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |  |  |
|  BRAZIL — (0.0%) | BRAZIL — (0.0%) |  |  |
|  \* | Banco Pine SA Warrants 12/31/2049 | 196 | 23 |
|  \* | Diagnosticos da America SA Warrants 04/30/2025 | 1868 | 0 |
|  \* | Minerva SA Rights 05/29/2025 | 196160 | 66019 |
|  TOTAL BRAZIL | TOTAL BRAZIL |  | 66042 |
|  CHILE — (0.0%) | CHILE — (0.0%) |  |  |
|  \* | Empresas Hites SA Rights 05/23/2025 | 594906 | 11309 |
|  INDIA — (0.0%) | INDIA — (0.0%) |  |  |
|  \* | Advaita Allied Health Services Rights 05/22/2025 | 914 | 433 |
|  \* | Lloyds Engineering Works Ltd. Rights 05/30/2025 | 471113 | 124911 |
|  TOTAL INDIA | TOTAL INDIA |  | 125344 |
|  MALAYSIA — (0.0%) | MALAYSIA — (0.0%) |  |  |
|  \* | NEXG Bhd. Warrants 02/17/2028 | 1559400 | 77699 |
|  \* | Supermax Corp. Bhd. Warrants 03/01/2030 | 263951 | 14987 |
|  \* | Top Glove Corp. Bhd. Warrants 02/09/2030 | 141658 | 7222 |
|  TOTAL MALAYSIA | TOTAL MALAYSIA |  | 99908 |

---

642

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (0.0%) | SOUTH KOREA — (0.0%) |  |  |
|  #\* | Chabiotech Co. Ltd. Rights 06/05/2025 | 20676 | $49890 |
|  #\* | Samsung SDI Co. Ltd. Rights 05/22/2025 | 16222 | 393140 |
|  TOTAL SOUTH KOREA | TOTAL SOUTH KOREA |  | 443030 |
|  THAILAND — (0.0%) | THAILAND — (0.0%) |  |  |
|  \* | Asia Sermkij Leasing PCL Rights 05/15/2025 | 546249 | 2453 |
|  \* | Asia Sermkij Leasing PCL Rights 05/19/2025 | 50700 | 228 |
|  \* | Better World Green PCL Warrants | 4479216 | 0 |
|  \* | Better World Green PCL Warrants 03/13/2026 | 5262594 | 0 |
|  \* | Better World Green PCL Warrants 08/13/2025 | 4524645 | 1354 |
|  \* | Jasmine International PCL Warrants 10/10/2031 | 12050452 | 133473 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  \* | MBK PCL Rights 05/16/2025 | 586362 | $14042 |
|  \* | Northeast Rubber PCL Warrants 05/15/2026 | 1435650 | 7736 |
|  \* | VGI PCL Warrants 09/03/2025 | 758660 | 16352 |
|  TOTAL THAILAND | TOTAL THAILAND | TOTAL THAILAND | 175638 |
|  TOTAL RIGHTS/WARRANTS | TOTAL RIGHTS/WARRANTS |  | 921271 |
|  TOTAL INVESTMENT SECURITIES (Cost $18,704,975,061) | TOTAL INVESTMENT SECURITIES (Cost $18,704,975,061) |  | 27216057971 |
|  |  |  | **Value†** |
|  SECURITIES LENDING COLLATERAL — (1.6%) | SECURITIES LENDING COLLATERAL — (1.6%) | SECURITIES LENDING COLLATERAL — (1.6%) | SECURITIES LENDING COLLATERAL — (1.6%) |
|  @§ | The DFA Short Term Investment Fund | 38185247 | 441612384 |
|  TOTAL INVESTMENTS — (100.0%)<br>(Cost $19,146,636,702) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $19,146,636,702) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $19,146,636,702) | $27657670355 |

---

As of April 30, 2025, Emerging Markets Core Equity 2 Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration<br>Date** | **Notional**<br>**Value** | **Market**<br>**Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Position Contracts:** |  |  |  |  |  |
|  S&P 500<sup>®</sup> Emini Index | 1041 | 06/20/25 | $290298747 | $290803350 | $504603 |
|  **Total Futures Contracts** |  |  | **$290298747** | **$290803350** | **$504603** |

---

As of April 30, 2025, the value of Rule 144A securities amounted to $1,140,358,814 or 4.2% of net assets.

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Assets** |  |  |  |  |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Belgium |  | $11845955 |  | $11845955 |
| &nbsp;&nbsp;&nbsp;&nbsp; Brazil | $824784726 |  |  | 824784726 |
| &nbsp;&nbsp;&nbsp;&nbsp; Canada |  | 10236938 |  | 10236938 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chile | 131874805 | 1414519 |  | 133289324 |
| &nbsp;&nbsp;&nbsp;&nbsp; China | &nbsp;&nbsp;&nbsp;&nbsp;488275287 | 6256720690 | $284878 | 6745280855 |

---

643

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS CORE EQUITY 2 PORTFOLIO** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| &nbsp;&nbsp;&nbsp;&nbsp; Colombia | $30469260 |  |  | $30469260 |
| &nbsp;&nbsp;&nbsp;&nbsp; Czech Republic |  | $36940238 |  | 36940238 |
| &nbsp;&nbsp;&nbsp;&nbsp; Egypt | 104993 | 8303360 |  | 8408353 |
| &nbsp;&nbsp;&nbsp;&nbsp; Greece |  | 135184101 |  | 135184101 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hong Kong |  | 420152521 | $305098 | 420457619 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hungary |  | 68245407 |  | 68245407 |
| &nbsp;&nbsp;&nbsp;&nbsp; India | &nbsp;&nbsp;&nbsp;&nbsp;209524274 | 5413529994 |  | 5623054268 |
| &nbsp;&nbsp;&nbsp;&nbsp; Indonesia | 5713953 | 384180637 | 284429 | 390179019 |
| &nbsp;&nbsp;&nbsp;&nbsp; Kuwait |  | 106870516 | 647 | 106871163 |
| &nbsp;&nbsp;&nbsp;&nbsp; Luxembourg |  | 1729254 |  | 1729254 |
| &nbsp;&nbsp;&nbsp;&nbsp; Malaysia |  | 426540125 | 211 | 426540336 |
| &nbsp;&nbsp;&nbsp;&nbsp; Mexico | 583373487 | 2319754 |  | 585693241 |
| &nbsp;&nbsp;&nbsp;&nbsp; Netherlands |  | 12858717 |  | 12858717 |
| &nbsp;&nbsp;&nbsp;&nbsp; Peru | 27608276 |  | 14 | 27608290 |
| &nbsp;&nbsp;&nbsp;&nbsp; Philippines | 2766714 | 174674452 | 35147 | 177476313 |
| &nbsp;&nbsp;&nbsp;&nbsp; Poland |  | 346419735 |  | 346419735 |
| &nbsp;&nbsp;&nbsp;&nbsp; Qatar |  | 211345128 |  | 211345128 |
| &nbsp;&nbsp;&nbsp;&nbsp; Saudi Arabia | 754488 | 1030866781 |  | 1031621269 |
| &nbsp;&nbsp;&nbsp;&nbsp; Singapore |  | 13859995 |  | 13859995 |
| &nbsp;&nbsp;&nbsp;&nbsp; South Africa | 119107705 | 749448381 |  | 868556086 |
| &nbsp;&nbsp;&nbsp;&nbsp; South Korea | 51010359 | 2652614314 | 935531 | 2704560204 |
| &nbsp;&nbsp;&nbsp;&nbsp; Spain |  | 1559642 |  | 1559642 |
| &nbsp;&nbsp;&nbsp;&nbsp; Taiwan | 392792786 | 4441265794 | 94395 | 4834152975 |
| &nbsp;&nbsp;&nbsp;&nbsp; Thailand | 5023768 | 411798149 | 35769 | 416857686 |
| &nbsp;&nbsp;&nbsp;&nbsp; Turkey |  | 246671989 |  | 246671989 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Arab Emirates |  | 444488644 |  | 444488644 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Kingdom | 21153991 |  |  | 21153991 |
| &nbsp;&nbsp;&nbsp;&nbsp; United States | 48541718 | 4161652 |  | 52703370 |
|  Preferred Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Brazil | 232427364 |  |  | 232427364 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chile | 3840321 | 449748 |  | 4290069 |
| &nbsp;&nbsp;&nbsp;&nbsp; Colombia | 6575851 |  |  | 6575851 |
| &nbsp;&nbsp;&nbsp;&nbsp; Philippines |  | 739325 |  | 739325 |
|  Rights/Warrants |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Brazil |  | 66042 |  | 66042 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chile |  | 11309 |  | 11309 |
| &nbsp;&nbsp;&nbsp;&nbsp; India |  | 125344 |  | 125344 |
| &nbsp;&nbsp;&nbsp;&nbsp; Malaysia |  | 99908 |  | 99908 |
| &nbsp;&nbsp;&nbsp;&nbsp; South Korea |  | 443030 |  | 443030 |
| &nbsp;&nbsp;&nbsp;&nbsp; Thailand |  | 175638 |  | 175638 |
|  Securities Lending Collateral |  | 441612384 |  | 441612384 |
|  Total Investments in Securities | $3185724126 | $24469970110 | $1,976,119<> | $27657670355 |
|  **Financial Instruments** |  |  |  |  |
|  **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts\*\* | 504603 |  |  | 504603 |
|  Total Financial Instruments | $504603 |  |  | $504603 |

---

\*\* Valued at the unrealized appreciation/(depreciation) on the investment.

---

| | |
|:---|:---|
| <> | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.  |

---

See accompanying Notes to Financial Statements.

644

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COMMON STOCKS — (98.9%) | COMMON STOCKS — (98.9%) | COMMON STOCKS — (98.9%) | COMMON STOCKS — (98.9%) |
|  BELGIUM — (0.1%) | BELGIUM — (0.1%) | BELGIUM — (0.1%) | BELGIUM — (0.1%) |
|  | Titan Cement International SA (TITC GA) | 5440 | $252540 |
|  BRAZIL — (3.0%) | BRAZIL — (3.0%) | BRAZIL — (3.0%) | BRAZIL — (3.0%) |
|  | Atacadao SA | 121635 | 183251 |
|  \* | Automob Participacoes SA | 82705 | 3935 |
|  | Bemobi Mobile Tech SA | 10600 | 35320 |
|  \* | Blau Farmaceutica SA | 4900 | 11147 |
|  | Boa Safra Sementes SA | 4900 | 8919 |
|  | BrasilAgro - Co. Brasileira de Propriedades Agricolas | 9958 | 37164 |
|  | Brava Energia | 9077 | 27766 |
|  | C&A Modas SA | 20700 | 48548 |
|  | CCR SA | 10700 | 25359 |
|  \* | Cia Brasileira de Aluminio | 48891 | 33857 |
|  \* | Cia Brasileira de Distribuicao | 66272 | 49396 |
|  | Cia Siderurgica Nacional SA (CSNA3 BZ) | 75753 | 124138 |
|  | Cogna Educacao SA | 181792 | 82645 |
|  | Construtora Tenda SA | 6564 | 18679 |
|  | Cruzeiro do Sul Educacional SA | 42900 | 30917 |
|  | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 52448 | 229102 |
|  W | Desktop SA | 20083 | 32663 |
|  | Dexco SA | 81166 | 79090 |
|  | Dimed SA Distribuidora da Medicamentos | 15800 | 25558 |
|  \* | Embraer SA (EMBR3 BZ) | 61354 | 701850 |
|  \* | Embraer SA (ERJ US), Sponsored ADR | 6184 | 284093 |
|  | Empreendimentos Pague Menos SA | 49540 | 28807 |
|  | Even Construtora e Incorporadora SA | 24000 | 24317 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Ez Tec Empreendimentos e Participacoes SA | 19478 | $45579 |
|  | Fleury SA | 26898 | 61568 |
|  | Gerdau SA, Sponsored ADR | 187063 | 488234 |
|  | Grendene SA | 25531 | 25013 |
|  | Grupo Mateus SA | 48100 | 65262 |
|  | Grupo SBF SA | 22200 | 41504 |
|  | Guararapes Confeccoes SA | 15030 | 21558 |
|  \*W | Hapvida Participacoes e Investimentos SA | 886591 | 362438 |
|  | Hypera SA | 33356 | 141767 |
|  | Iochpe Maxion SA | 29100 | 63172 |
|  | Irani Papel e Embalagem SA | 8023 | 11352 |
|  \* | IRB-Brasil Resseguros SA | 23825 | 200801 |
|  | Jalles Machado SA | 9600 | 6766 |
|  | JHSF Participacoes SA | 78158 | 70650 |
|  | Lavvi Empreendimentos Imobiliarios SA | 16300 | 29985 |
|  | Localiza Rent a Car SA | 68080 | 515355 |
|  | Lojas Quero-Quero SA | 27475 | 13362 |
|  | Lojas Renner SA | 94022 | 242048 |
|  W | LWSA SA | 85427 | 54341 |
|  | M Dias Branco SA | 12228 | 54664 |
|  | Magazine Luiza SA | 52400 | 86054 |
|  | Marcopolo SA | 12100 | 11641 |
|  | Marfrig Global Foods SA | 69554 | 263256 |
|  | Melnick Even Desenvolvimento Imobiliario SA | 15800 | 9020 |
|  | Mills Locacao Servicos e Logistica SA | 9000 | 16112 |
|  | Moura Dubeux Engenharia SA | 15700 | 45536 |
|  | Movida Participacoes SA | 21135 | 26330 |
|  \* | MRV Engenharia e Participacoes SA | 71000 | 74063 |
|  | Natura & Co. Holding SA | 60800 | 101884 |

---

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  \* | Oceanpact Servicos Maritimos SA | 18400 | $17573 |
|  \* | Oncoclinicas do Brasil Servicos Medicos SA | 16300 | 17377 |
|  | Petroreconcavo SA | 27176 | 61486 |
|  | Porto Seguro SA | 35644 | 276289 |
|  | Positivo Tecnologia SA | 17500 | 18964 |
|  \* | PRIO SA | 120597 | 716338 |
|  | Profarma Distribuidora de Produtos Farmaceuticos SA | 7100 | 10121 |
|  \* | Qualicorp Consultoria e Corretora de Seguros SA | 42800 | 15536 |
|  | Romi SA | 14050 | 22677 |
|  | Sao Martinho SA | 31696 | 108964 |
|  W | Ser Educacional SA | 36600 | 38631 |
|  \* | Simpar SA | 49444 | 46698 |
|  | TIM SA | 43351 | 144754 |
|  | Trisul SA | 14441 | 17710 |
|  | Tupy SA | 12000 | 45356 |
|  | Ultrapar Participacoes SA (UGPA3 BZ) | 94756 | 297701 |
|  | Unifique Telecomunicacoes SA | 17671 | 12175 |
|  \* | Usinas Siderurgicas de Minas Gerais SA Usiminas | 24300 | 23593 |
|  | Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA | 13000 | 56695 |
|  | Vamos Locacao de Caminhoes Maquinas e Equipamentos SA | 71832 | 62274 |
|  | Vibra Energia SA | 149579 | 495508 |
|  | Wiz Co. | 9400 | 9888 |
|  | YDUQS Participacoes SA | 36200 | 91151 |
|  \* | Zamp SA | 9500 | 5256 |
|  TOTAL BRAZIL | TOTAL BRAZIL |  | 7888551 |
|  CANADA — (0.1%) | CANADA — (0.1%) |  |  |
|  | China Gold International Resources Corp. Ltd. (2099 HK) | 44800 | 282764 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHILE — (0.3%) | CHILE — (0.3%) | CHILE — (0.3%) | CHILE — (0.3%) |
|  \* | CAP SA | 9137 | $46993 |
|  | Cia Sud Americana de Vapores SA | 3092703 | 170821 |
|  | Empresa Nacional de Telecomunicaciones SA | 27500 | 79576 |
|  | Empresas CMPC SA | 142426 | 223365 |
|  \* | Ripley Corp. SA | 203862 | 94257 |
|  | Salfacorp SA | 72948 | 52079 |
|  | Sociedad Matriz SAAM SA | 195719 | 24597 |
|  | SONDA SA | 85422 | 34512 |
|  TOTAL CHILE | TOTAL CHILE |  | 726200 |
|  CHINA — (22.9%) | CHINA — (22.9%) |  |  |
|  | 361 Degrees International Ltd. | 178000 | 97752 |
|  W | 3SBio, Inc. | 343000 | 528864 |
|  \* | 5I5J Holding Group Co. Ltd., Class A | 18200 | 7931 |
|  | AAC Technologies Holdings, Inc. | 96500 | 461942 |
|  | Advanced Technology & Materials Co. Ltd., Class A | 28900 | 44575 |
|  \* | Agora, Inc., ADR | 19782 | 64885 |
|  | Aisino Corp., Class A | 27400 | 31044 |
|  \* | Alibaba Pictures Group Ltd. | 2470000 | 161332 |
|  W | A-Living Smart City Services Co. Ltd. | 168000 | 65099 |
|  | Allmed Medical Products Co. Ltd., Class A | 10200 | 11295 |
|  | Aluminum Corp. of China Ltd., Class H | 492000 | 264073 |
|  \* | Angang Steel Co. Ltd., Class H | 214600 | 40604 |
|  | Anhui Conch Cement Co. Ltd., Class H | 231000 | 650741 |
|  | Anhui Construction Engineering Group Co. Ltd., Class A | 37200 | 23576 |
|  | Anhui Guangxin Agrochemical Co. Ltd., Class A | 8820 | 13111 |
|  | Anhui Heli Co. Ltd., Class A | 8200 | 17910 |
|  | Anhui Hengyuan Coal Industry & Electricity Power Co. Ltd., Class A | 22700 | 21794 |

---

646

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Anhui Honglu Steel Construction Group Co. Ltd., Class A | 6500 | $16756 |
|  | Anhui Jiangnan Chemical Industry Co. Ltd., Class A | 24400 | 17981 |
|  | Anhui Jinhe Industrial Co. Ltd., Class A | 8800 | 30144 |
|  | Anhui Transport Consulting & Design Institute Co. Ltd., Class A | 16700 | 19055 |
|  | Anhui Truchum Advanced Materials & Technology Co. Ltd., Class A | 14800 | 17277 |
|  | Anhui Xinhua Media Co. Ltd., Class A | 22500 | 21704 |
|  | Anhui Yingliu Electromechanical Co. Ltd., Class A | 6600 | 17969 |
|  | Anhui Zhongding Sealing Parts Co. Ltd., Class A | 21800 | 54422 |
|  | Anton Oilfield Services Group | 374000 | 46216 |
|  | Aoshikang Technology Co. Ltd., Class A | 6000 | 20562 |
|  | Aotecar New Energy Technology Co. Ltd., Class A | 60800 | 23871 |
|  | APT Satellite Holdings Ltd. | 118000 | 29204 |
|  \* | Asia - Potash International Investment Guangzhou Co. Ltd., Class A | 8400 | 33185 |
|  | Asia Cement China Holdings Corp. | 76500 | 22341 |
|  #W | AsiaInfo Technologies Ltd. | 52400 | 63215 |
|  | AviChina Industry & Technology Co. Ltd., Class H | 401000 | 184532 |
|  W | BAIC Motor Corp. Ltd., Class H | 299500 | 73623 |
|  W | BAIOO Family Interactive Ltd. | 180000 | 11234 |
|  \*W | Bairong, Inc. | 49000 | 49158 |
|  | Bank of Chongqing Co. Ltd., Class H | 69500 | 67667 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Bank of Guizhou Co. Ltd., Class H | 27000 | $3825 |
|  W | Bank of Qingdao Co. Ltd., Class H | 238000 | 113019 |
|  | Bank of Xi'an Co. Ltd., Class A | 90300 | 43058 |
|  | Baoji Titanium Industry Co. Ltd., Class A | 5800 | 23342 |
|  \* | Baoye Group Co. Ltd., Class H | 50000 | 28812 |
|  \* | Baozun, Inc. (BZUN US), Sponsored ADR | 15036 | 39244 |
|  | BBMG Corp., Class H | 451000 | 40718 |
|  | Befar Group Co. Ltd., Class A | 33500 | 18849 |
|  | Beibuwan Port Co. Ltd., Class A | 19300 | 22424 |
|  #\* | Beijing Capital International Airport Co. Ltd., Class H | 398000 | 143476 |
|  | Beijing Chunlizhengda Medical Instruments Co. Ltd., Class H | 10250 | 12314 |
|  | Beijing Easpring Material Technology Co. Ltd., Class A | 10200 | 53128 |
|  | Beijing Energy International Holding Co. Ltd. | 162400 | 21157 |
|  | Beijing Enterprises Water Group Ltd. | 786000 | 248258 |
|  | Beijing Gehua CATV Network Co. Ltd., Class A | 36200 | 35904 |
|  | Beijing GeoEnviron Engineering & Technology, Inc., Class A | 30700 | 22870 |
|  \* | Beijing Haixin Energy Technology Co. Ltd., Class A | 46600 | 18666 |
|  | Beijing Haohua Energy Resource Co. Ltd., Class A | 22200 | 22079 |
|  \* | Beijing Jetsen Technology Co. Ltd., Class A | 31300 | 22793 |
|  | Beijing Jingyuntong Technology Co. Ltd., Class A | 32300 | 10577 |
|  | Beijing North Star Co. Ltd., Class H | 134000 | 11910 |

---

647

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Beijing Originwater Technology Co. Ltd., Class A | 72062 | $44007 |
|  | Beijing Relpow Technology Co. Ltd., Class A | 32500 | 62845 |
|  | Beijing Sanyuan Foods Co. Ltd., Class A | 20500 | 12315 |
|  \* | Beijing Shunxin Agriculture Co. Ltd., Class A | 8900 | 19518 |
|  | Beijing Sinnet Technology Co. Ltd., Class A | 31100 | 61978 |
|  | Beijing SL Pharmaceutical Co. Ltd., Class A | 23600 | 20902 |
|  | Beijing Strong Biotechnologies, Inc., Class A | 11400 | 21961 |
|  | Beijing Wandong Medical Technology Co. Ltd., Class A | 11200 | 27044 |
|  \* | Beijing Watertek Information Technology Co. Ltd., Class A | 58000 | 29323 |
|  | Beijing Yuanliu Hongyuan Electronic Technology Co. Ltd., Class A | 4000 | 28790 |
|  | Beijing Zhong Ke San Huan High-Tech Co. Ltd., Class A | 15870 | 22921 |
|  \* | Beiqi Foton Motor Co. Ltd., Class A | 67500 | 24367 |
|  \* | Bengang Steel Plates Co. Ltd., Class A | 61300 | 31543 |
|  | Best Pacific International Holdings Ltd. | 70000 | 21856 |
|  | BGI Genomics Co. Ltd., Class A | 4300 | 28545 |
|  W | Blue Moon Group Holdings Ltd. | 165500 | 81413 |
|  \* | BOE HC SemiTek Corp. | 17900 | 16300 |
|  | BOE Varitronix Ltd. | 38000 | 26705 |
|  # | Boyaa Interactive International Ltd. | 124000 | 72440 |
|  | Bright Dairy & Food Co. Ltd., Class A | 19900 | 22637 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  # | Brilliance China Automotive Holdings Ltd. | 424000 | $150075 |
|  | Bros Eastern Co. Ltd., Class A | 15400 | 10516 |
|  | B-Soft Co. Ltd., Class A | 45500 | 35686 |
|  | BTG Hotels Group Co. Ltd., Class A | 12900 | 25439 |
|  \* | C C Land Holdings Ltd. | 243000 | 40447 |
|  | C&D International Investment Group Ltd. | 116105 | 242824 |
|  | C&S Paper Co. Ltd., Class A | 19400 | 17632 |
|  #\*W | CALB Group Co. Ltd. | 25400 | 53758 |
|  | Camel Group Co. Ltd., Class A | 13000 | 15031 |
|  | Cangzhou Mingzhu Plastic Co. Ltd., Class A | 50000 | 23775 |
|  | Canmax Technologies Co. Ltd., Class A | 9100 | 22335 |
|  | Canny Elevator Co. Ltd., Class A | 14700 | 14667 |
|  W | Cathay Group Holdings, Inc. | 122000 | 22063 |
|  | CECEP Solar Energy Co. Ltd., Class A | 43300 | 25726 |
|  | Central China Land Media Co. Ltd., Class A | 14400 | 24588 |
|  | Central China Securities Co. Ltd., Class H | 136000 | 25037 |
|  # | CGN New Energy Holdings Co. Ltd. | 344000 | 101102 |
|  \* | CGN Nuclear Technology Development Co. Ltd., Class A | 24800 | 23883 |
|  | Changchun Faway Automobile Components Co. Ltd., Class A | 16200 | 21000 |
|  | Changhong Meiling Co. Ltd., Class A | 8700 | 8984 |
|  | Changjiang & Jinggong Steel Building Group Co. Ltd., Class A | 62400 | 27336 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Changjiang Publishing & Media Co. Ltd., Class A | 27900 | $36759 |
|  \* | ChangYuan Technology Group Ltd., Class A | 31500 | 14966 |
|  | Chaoju Eye Care Holdings Ltd. | 47500 | 16378 |
|  | Chaowei Power Holdings Ltd. | 99000 | 16956 |
|  W | Cheerwin Group Ltd. | 57500 | 17009 |
|  | Chengdu Fusen Noble-House Industrial Co. Ltd., Class A | 9700 | 17549 |
|  | Chengdu Hongqi Chain Co. Ltd., Class A | 31400 | 24595 |
|  | Chengdu Kanghong Pharmaceutical Group Co. Ltd., Class A | 7800 | 29980 |
|  | Chengdu Wintrue Holding Co. Ltd., Class A | 16100 | 18447 |
|  \* | Chengxin Lithium Group Co. Ltd., Class A | 12500 | 19291 |
|  | Chengzhi Co. Ltd., Class A | 12800 | 13314 |
|  | China BlueChemical Ltd., Class H | 356000 | 86675 |
|  \*W | China Bohai Bank Co. Ltd., Class H | 519000 | 60932 |
|  | China CAMC Engineering Co. Ltd., Class A | 8800 | 9603 |
|  # | China Chunlai Education Group Co. Ltd. | 54000 | 29288 |
|  # | China Cinda Asset Management Co. Ltd., Class H | 1616000 | 206141 |
|  | China Coal Energy Co. Ltd., Class H | 343000 | 354391 |
|  | China Coal Xinji Energy Co. Ltd., Class A | 41800 | 38504 |
|  | China Communications Services Corp. Ltd., Class H | 356000 | 185405 |
|  | China Conch Venture Holdings Ltd. | 256000 | 262751 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | China CYTS Tours Holding Co. Ltd., Class A | 7200 | $9636 |
|  | China Design Group Co. Ltd., Class A | 8200 | 8438 |
|  W | China Development Bank Financial Leasing Co. Ltd., Class H | 378000 | 57934 |
|  | China Dongxiang Group Co. Ltd. | 441000 | 22484 |
|  \* | China Eastern Airlines Corp. Ltd., Class H | 100000 | 29769 |
|  # | China Education Group Holdings Ltd. | 5400 | 1697 |
|  | China Electronics Huada Technology Co. Ltd. | 72000 | 12888 |
|  | China Electronics Optics Valley Union Holding Co. Ltd. | 468000 | 11823 |
|  | China Energy Engineering Corp. Ltd. (3996 HK), Class H | 668000 | 85072 |
|  | China Energy Engineering Corp. Ltd. (601868 C1), Class A | 228779 | 69273 |
|  W | China Feihe Ltd. | 685000 | 517651 |
|  | China Foods Ltd. | 180000 | 71935 |
|  | China Galaxy Securities Co. Ltd., Class H | 721500 | 655433 |
|  | China Gas Holdings Ltd. | 542122 | 490150 |
|  | China Green Electricity Investment of Tianjin Co. Ltd., Class A | 23800 | 28086 |
|  | China Hongqiao Group Ltd. | 438000 | 786216 |
|  W | China International Capital Corp. Ltd., Class H | 252400 | 434175 |
|  | China International Marine Containers Group Co. Ltd., Class H | 184670 | 116009 |
|  | China Lesso Group Holdings Ltd. | 182000 | 96894 |
|  # | China Lilang Ltd. | 100000 | 48145 |
|  \*W | China Literature Ltd. | 65000 | 225710 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | China Medical System Holdings Ltd. | 230000 | $245488 |
|  | China Meheco Group Co. Ltd., Class A | 15260 | 21307 |
|  | China Meidong Auto Holdings Ltd. | 168000 | 44979 |
|  | China Mengniu Dairy Co. Ltd. | 586000 | 1459521 |
|  | China Merchants Property Operation & Service Co. Ltd., Class A | 14200 | 23058 |
|  W | China Merchants Securities Co. Ltd., Class H | 86800 | 131647 |
|  # | China Modern Dairy Holdings Ltd. | 643000 | 84526 |
|  | China National Accord Medicines Corp. Ltd., Class A | 5200 | 17567 |
|  | China National Building Material Co. Ltd., Class H | 402785 | 195309 |
|  | China National Gold Group Gold Jewellery Co. Ltd., Class A | 18900 | 21395 |
|  \* | China Nonferrous Metal Industry's Foreign Engineering & Construction Co. Ltd., Class A | 23600 | 15032 |
|  \* | China Oil & Gas Group Ltd. | 1080000 | 19007 |
|  | China Oilfield Services Ltd., Class H | 304000 | 237731 |
|  | China Oriental Group Co. Ltd. | 252000 | 40034 |
|  | China Petroleum Engineering Corp., Class A | 71500 | 30130 |
|  | China Publishing & Media Co. Ltd., Class A | 28500 | 24815 |
|  | China Railway Group Ltd., Class H | 191000 | 82181 |
|  | China Railway Hi-tech Industry Co. Ltd., Class A | 19300 | 19395 |
|  | China Railway Materials Co. Ltd., Class A | 64200 | 22083 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  W | China Railway Signal & Communication Corp. Ltd., Class H | 286000 | $115015 |
|  | China Railway Tielong Container Logistics Co. Ltd., Class A | 25900 | 20057 |
|  \* | China Rare Earth Holdings Ltd. | 348000 | 17255 |
|  | China Reinsurance Group Corp., Class H | 1283000 | 148786 |
|  | China Resources Boya Bio-pharmaceutical Group Co. Ltd., Class A | 5200 | 19010 |
|  | China Resources Building Materials Technology Holdings Ltd. | 556000 | 117306 |
|  | China Resources Gas Group Ltd. | 127000 | 354762 |
|  | China Resources Medical Holdings Co. Ltd. | 168500 | 79324 |
|  # | China Risun Group Ltd. | 238000 | 76894 |
|  \* | China Ruifeng Renewable Energy Holdings Ltd. | 294000 | 18980 |
|  \* | China Sanjiang Fine Chemicals Co. Ltd. | 149000 | 34337 |
|  W | China Shengmu Organic Milk Ltd. | 453000 | 10212 |
|  | China Shineway Pharmaceutical Group Ltd. | 66000 | 61595 |
|  | China State Construction International Holdings Ltd. | 304000 | 448103 |
|  \* | China Sunshine Paper Holdings Co. Ltd. | 117500 | 29699 |
|  | China Tianying, Inc., Class A | 40700 | 23642 |
|  | China TransInfo Technology Co. Ltd., Class A | 21600 | 27238 |
|  \* | China Vanke Co. Ltd., Class H | 442300 | 303208 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  # | China Yongda Automobiles Services Holdings Ltd. | 313000 | $99787 |
|  \*W | China Youran Dairy Group Ltd. | 324000 | 98797 |
|  | China Zheshang Bank Co. Ltd., Class H | 380099 | 128509 |
|  | Chinasoft International Ltd. | 474000 | 302110 |
|  | Chinese Universe Publishing & Media Group Co. Ltd., Class A | 11900 | 17197 |
|  | Chongqing Department Store Co. Ltd., Class A | 5800 | 25352 |
|  | Chongqing Fuling Zhacai Group Co. Ltd., Class A | 23400 | 42248 |
|  | Chongqing Gas Group Corp. Ltd., Class A | 9214 | 6934 |
|  | Chongqing Machinery & Electric Co. Ltd., Class H | 126000 | 15020 |
|  | Chongqing Road & Bridge Co. Ltd., Class A | 30200 | 22023 |
|  | Chongqing Rural Commercial Bank Co. Ltd., Class H | 456000 | 350091 |
|  | Chongqing Sanfeng Environment Group Corp. Ltd., Class A | 28400 | 32047 |
|  | Chongqing Zongshen Power Machinery Co. Ltd., Class A | 17828 | 51704 |
|  | Chow Tai Seng Jewellery Co. Ltd., Class A | 14300 | 25637 |
|  | CIMC Enric Holdings Ltd. | 142000 | 111363 |
|  | Cisen Pharmaceutical Co. Ltd., Class A | 8300 | 15350 |
|  | CITIC Resources Holdings Ltd. | 674000 | 30826 |
|  | City Development Environment Co. Ltd., Class A | 17280 | 32019 |
|  \* | Citychamp Watch & Jewellery Group Ltd. | 188000 | 11127 |
|  \* | ClouDr Group Ltd. | 134300 | 18771 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | CMGE Technology Group Ltd. | 374000 | $16103 |
|  | CMST Development Co. Ltd., Class A | 27600 | 22319 |
|  | CNNC Hua Yuan Titanium Dioxide Co. Ltd., Class A | 65400 | 36773 |
|  | CNSIG Inner Mongolia Chemical Industry Co. Ltd., Class A | 32100 | 30988 |
|  \* | COFCO Biotechnology Co. Ltd., Class A | 17700 | 13329 |
|  \* | COFCO Joycome Foods Ltd. | 574000 | 107888 |
|  | Cofoe Medical Technology Co. Ltd., Class A | 3500 | 16138 |
|  #\* | Comba Telecom Systems Holdings Ltd. | 336000 | 63453 |
|  | Concord New Energy Group Ltd. | 1520000 | 92056 |
|  | Consun Pharmaceutical Group Ltd. | 112000 | 133384 |
|  | COSCO SHIPPING Development Co. Ltd., Class H | 819000 | 92746 |
|  | COSCO SHIPPING Energy Transportation Co. Ltd., Class H | 184000 | 145937 |
|  | COSCO SHIPPING International Hong Kong Co. Ltd. | 116000 | 70335 |
|  | COSCO SHIPPING Ports Ltd. | 299514 | 155035 |
|  | COSCO SHIPPING Specialized Carriers Co. Ltd., Class A | 23500 | 19007 |
|  | CQ Pharmaceutical Holding Co. Ltd., Class A | 41800 | 27928 |
|  | CSG Holding Co. Ltd., Class A | 37592 | 24537 |
|  | Daan Gene Co. Ltd., Class A | 30000 | 23256 |
|  | Dajin Heavy Industry Co. Ltd., Class A | 5200 | 19755 |
|  | Dalian Huarui Heavy Industry Group Co. Ltd., Class A | 36900 | 30466 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Dashang Co. Ltd., Class A | 9790 | $33756 |
|  | Dawnrays Pharmaceutical Holdings Ltd. | 155000 | 23139 |
|  | Deppon Logistics Co. Ltd., Class A | 7000 | 12494 |
|  \* | Dezhan Healthcare Co. Ltd., Class A | 69800 | 28559 |
|  | Dian Diagnostics Group Co. Ltd., Class A | 15800 | 30506 |
|  | Digital China Group Co. Ltd., Class A | 10000 | 56313 |
|  # | Digital China Holdings Ltd. | 99000 | 31405 |
|  | Digital China Information Service Group Co. Ltd., Class A | 17600 | 25919 |
|  | Do-Fluoride New Materials Co. Ltd., Class A | 13200 | 21136 |
|  | Dongfang Electric Corp. Ltd., Class H | 69800 | 95272 |
|  # | Dongfeng Motor Group Co. Ltd., Class H | 398000 | 220290 |
|  | Dongguan Development Holdings Co. Ltd., Class A | 20800 | 29488 |
|  | Dongyue Group Ltd. | 245000 | 289131 |
|  # | DouYu International Holdings Ltd., ADR | 7339 | 54676 |
|  | Dynagreen Environmental Protection Group Co. Ltd., Class H | 77000 | 43354 |
|  | Easyhome New Retail Group Co. Ltd., Class A | 58000 | 26349 |
|  # | E-Commodities Holdings Ltd. | 414000 | 43733 |
|  | Edvantage Group Holdings Ltd. | 53740 | 9705 |
|  | EEKA Fashion Holdings Ltd. | 51000 | 48995 |
|  | Era Co. Ltd., Class A | 28900 | 15844 |
|  | Essex Bio-technology Ltd. | 59000 | 34241 |
|  | Eternal Asia Supply Chain Management Ltd., Class A | 31100 | 20781 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | EVA Precision Industrial Holdings Ltd. | 196000 | $19035 |
|  | Ever Sunshine Services Group Ltd. | 108000 | 26336 |
|  W | Everbright Securities Co. Ltd., Class H | 65200 | 56847 |
|  | Excellence Commercial Property & Facilities Management Group Ltd. | 69000 | 11909 |
|  | Fangda Carbon New Material Co. Ltd., Class A | 30200 | 19194 |
|  | Fangda Special Steel Technology Co. Ltd., Class A | 24000 | 14701 |
|  | Far East Smarter Energy Co. Ltd., Class A | 33200 | 21945 |
|  \* | Farasis Energy Gan Zhou Co. Ltd., Class A | 15604 | 26179 |
|  | FAWER Automotive Parts Co. Ltd., Class A | 23200 | 18751 |
|  | Feilong Auto Components Co. Ltd., Class A | 17800 | 37279 |
|  | FESCO Group Co. Ltd., Class A | 8400 | 24413 |
|  \* | FIH Mobile Ltd. | 672000 | 65024 |
|  \* | Financial Street Holdings Co. Ltd., Class A | 69300 | 26320 |
|  | FinVolution Group, ADR | 31745 | 251103 |
|  | First Tractor Co. Ltd., Class H | 24000 | 18753 |
|  | Flat Glass Group Co. Ltd., Class H | 29000 | 32773 |
|  | Foshan Electrical & Lighting Co. Ltd., Class A | 20800 | 17324 |
|  # | Fu Shou Yuan International Group Ltd. | 236000 | 106964 |
|  | Fufeng Group Ltd. | 313000 | 261495 |
|  | Fujian Longking Co. Ltd., Class A | 7900 | 12588 |
|  | Fujian Star-net Communication Co. Ltd., Class A | 10400 | 27744 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Fujian Sunner Development Co. Ltd., Class A | 11100 | $24527 |
|  | Fujian Yuanli Active Carbon Co. Ltd., Class A | 10300 | 20557 |
|  | Fushun Special Steel Co. Ltd., Class A | 24500 | 16845 |
|  | Gansu Energy Chemical Co. Ltd., Class A | 102700 | 33245 |
|  \* | Gansu Jiu Steel Group Hongxing Iron & Steel Co. Ltd., Class A | 83950 | 15840 |
|  | Gansu Shangfeng Cement Co. Ltd., Class A | 12600 | 15241 |
|  | Gansu Yasheng Industrial Group Co. Ltd., Class A | 59700 | 23279 |
|  | GCL Energy Technology Co. Ltd., Class A | 25936 | 25609 |
|  #\* | GCL Technology Holdings Ltd. | 166000 | 16871 |
|  \* | GDS Holdings Ltd. (9698 HK), Class A | 82900 | 262968 |
|  | Geely Automobile Holdings Ltd. | 991000 | 2080408 |
|  # | Gemdale Properties & Investment Corp. Ltd. | 1608000 | 50453 |
|  | GF Securities Co. Ltd., Class H | 187000 | 243592 |
|  #\* | Global New Material International Holdings Ltd. | 63000 | 31175 |
|  \* | Glorious Property Holdings Ltd. | 294000 | 379 |
|  | Goldenmax International Group Ltd., Class A | 19400 | 21608 |
|  | Goldwind Science & Technology Co. Ltd., Class H | 75878 | 52284 |
|  \* | Goodbaby International Holdings Ltd. | 204000 | 29176 |
|  | Grand Pharmaceutical Group Ltd. | 179500 | 137548 |
|  \* | Grandjoy Holdings Group Co. Ltd., Class A | 62300 | 22431 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Greentown China Holdings Ltd. | 209000 | $266701 |
| #W | Greentown Management Holdings Co. Ltd. | 96000 | 32905 |
|  | Greentown Service Group Co. Ltd. | 244000 | 139100 |
|  | Guangdong Construction Engineering Group Co. Ltd., Class A | 72100 | 34389 |
| \* | Guangdong Dongfang Precision Science & Technology Co. Ltd., Class A | 15800 | 28184 |
|  | Guangdong Dowstone Technology Co. Ltd., Class A | 12300 | 23706 |
|  | Guangdong Ellington Electronics Technology Co. Ltd., Class A | 9700 | 11634 |
|  | Guangdong Fenghua Advanced Technology Holding Co. Ltd., Class A | 12200 | 22045 |
| \* | Guangdong Guanhao High-Tech Co. Ltd., Class A | 57600 | 23885 |
|  | Guangdong Hongtu Technology Holdings Co. Ltd., Class A | 24000 | 38754 |
|  | Guangdong Kinlong Hardware Products Co. Ltd., Class A | 8700 | 27161 |
| \* | Guangdong Shenglu Telecommunication Tech Co. Ltd., Class A | 26800 | 23634 |
|  | Guangdong Tapai Group Co. Ltd., Class A | 14400 | 14680 |
|  | Guangdong Vanward New Electric Co. Ltd., Class A | 15600 | 24108 |
|  | Guangdong Xinbao Electrical Appliances Holdings Co. Ltd., Class A | 8900 | 16956 |
| \* | Guangdong Zhongnan Iron & Steel Co. Ltd., Class A | 54800 | 18492 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Guanghui Logistics Co. Ltd., Class A | 17000 | $17004 |
|  | Guangshen Railway Co. Ltd., Class H | 280000 | 61352 |
|  | Guangxi LiuYao Group Co. Ltd., Class A | 3700 | 8620 |
|  | Guangxi Wuzhou Zhongheng Group Co. Ltd., Class A | 26600 | 8900 |
|  | Guangzhou Automobile Group Co. Ltd., Class H | 452000 | 159751 |
|  # | Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class H | 30000 | 65508 |
|  | Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A | 8100 | 32408 |
|  | Guangzhou Wondfo Biotech Co. Ltd., Class A | 3200 | 9072 |
|  | Guilin Layn Natural Ingredients Corp., Class A | 12100 | 12184 |
|  | Guizhou Chanhen Chemical Corp., Class A | 7600 | 23652 |
|  | Guizhou Panjiang Refined Coal Co. Ltd., Class A | 20900 | 13066 |
|  | Guizhou Tyre Co. Ltd., Class A | 27600 | 16579 |
|  | Guizhou Zhenhua E-chem, Inc., Class A | 6533 | 10267 |
|  \* | Guoguang Electric Co. Ltd., Class A | 12600 | 24747 |
|  | Guoquan Food Shanghai Co. Ltd. | 246800 | 82313 |
|  W | Guotai Haitong Securities Co. Ltd., Class H | 390288 | 556250 |
|  \* | Hainan Meilan International Airport Co. Ltd., Class H | 41000 | 50690 |
|  | Hainan Mining Co. Ltd., Class A | 18400 | 17738 |
|  | Haitian International Holdings Ltd. | 84000 | 194582 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  W | Haitong UniTrust International Leasing Co. Ltd., Class H | 310000 | $32671 |
|  | Hand Enterprise Solutions Co. Ltd., Class A | 23000 | 62037 |
|  | Hangxiao Steel Structure Co. Ltd., Class A | 63800 | 22093 |
|  | Hangzhou Binjiang Real Estate Group Co. Ltd., Class A | 34100 | 48698 |
|  | Hangzhou Haoyue Personal Care Co. Ltd., Class A | 1900 | 15316 |
|  | Hangzhou Huawang New Material Technology Co. Ltd., Class A | 6800 | 10289 |
|  | Hangzhou Iron & Steel Co., Class A | 63800 | 96256 |
|  | Hangzhou Lion Microelectronics Co. Ltd., Class A | 7000 | 25076 |
|  #W | Hangzhou Tigermed Consulting Co. Ltd. (3347 HK), Class H | 10900 | 37375 |
|  | Harbin Electric Co. Ltd., Class H | 164000 | 101089 |
|  \* | Harbin Pharmaceutical Group Co. Ltd., Class A | 28000 | 13878 |
|  | HBIS Resources Co. Ltd., Class A | 11400 | 20359 |
|  \*W | HBM Holdings Ltd. | 63000 | 69509 |
|  | Health & Happiness H&H International Holdings Ltd. | 56000 | 63754 |
|  | Hefei Urban Construction Development Co. Ltd., Class A | 23700 | 20832 |
|  | HeiLongJiang ZBD Pharmaceutical Co. Ltd., Class A | 14600 | 21567 |
|  | Hello Group, Inc., Sponsored ADR | 30301 | 173019 |
|  | Henan Liliang Diamond Co. Ltd., Class A | 2600 | 9812 |
|  | Henan Mingtai Al Industrial Co. Ltd., Class A | 19640 | 32499 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Henan Pinggao Electric Co. Ltd., Class A | 18300 | $40905 |
|  | Henan Thinker Automatic Equipment Co. Ltd., Class A | 7700 | 27367 |
|  | Henan Yuguang Gold & Lead Co. Ltd., Class A | 24400 | 23204 |
|  \* | Henan Zhongfu Industry Co. Ltd., Class A | 44100 | 23886 |
|  # | Hengan International Group Co. Ltd. | 115500 | 311396 |
|  \* | Hengdeli Holdings Ltd. | 201037 | 2491 |
|  | Hitevision Co. Ltd., Class A | 3900 | 12810 |
|  | HMT Xiamen New Technical Materials Co. Ltd., Class A | 7700 | 36738 |
|  \* | HNA Technology Co. Ltd., Class A | 65000 | 25044 |
|  | Hongyuan Green Energy Co. Ltd., Class A | 20100 | 39334 |
|  \* | Hopson Development Holdings Ltd. | 235295 | 88081 |
|  | Horizon Construction Development Ltd. | 256332 | 36593 |
|  | Hoymiles Power Electronics, Inc., Class A | 1103 | 14757 |
|  | Huabao Flavours & Fragrances Co. Ltd., Class A | 3900 | 8613 |
|  | Huabao International Holdings Ltd. | 48000 | 14210 |
|  | Huadian Heavy Industries Co. Ltd., Class A | 27200 | 22487 |
|  | Huafu Fashion Co. Ltd., Class A | 38500 | 32845 |
|  | Huaihe Energy Group Co. Ltd., Class A | 41600 | 19878 |
|  | Huangshan Tourism Development Co. Ltd., Class A | 7000 | 11421 |
|  | Huapont Life Sciences Co. Ltd., Class A | 18200 | 10179 |
|  W | Huatai Securities Co. Ltd., Class H | 240800 | 356866 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Huaxin Cement Co. Ltd. (6655 HK), Class H | 46000 | $53520 |
|  \* | Hubei Biocause Pharmaceutical Co. Ltd., Class A | 59300 | 22244 |
|  | Hubei Chutian Smart Communication Co. Ltd., Class A | 34000 | 20723 |
|  | Hubei Yihua Chemical Industry Co. Ltd., Class A | 13900 | 20853 |
|  | Hubei Zhenhua Chemical Co. Ltd., Class A | 13300 | 40969 |
|  | Huishang Bank Corp. Ltd., Class H | 31000 | 11641 |
|  | Hunan Aihua Group Co. Ltd., Class A | 6200 | 12899 |
|  \* | Hunan Er-Kang Pharmaceutical Co. Ltd., Class A | 63300 | 24974 |
|  | Hunan TV & Broadcast Intermediary Co. Ltd., Class A | 13300 | 13217 |
|  | Hunan Zhongke Electric Co. Ltd., Class A | 10700 | 22277 |
|  | HUYA, Inc., ADR | 16422 | 61747 |
|  \*W | Hygeia Healthcare Holdings Co. Ltd. | 65200 | 117565 |
|  \* | Hytera Communications Corp. Ltd., Class A | 38600 | 59353 |
|  \* | HyUnion Holding Co. Ltd., Class A | 23200 | 22229 |
|  | IKD Co. Ltd., Class A | 17300 | 39619 |
|  | Infore Environment Technology Group Co. Ltd., Class A | 41500 | 34132 |
|  | Inkeverse Group Ltd. | 97000 | 18207 |
|  | Intco Medical Technology Co. Ltd., Class A | 7680 | 23534 |
|  | Intron Technology Holdings Ltd. | 54000 | 9200 |
|  #\* | iQIYI, Inc., ADR | 90534 | 166583 |
|  | Jangho Group Co. Ltd., Class A | 15800 | 11584 |
|  \*W | JD Health International, Inc. | 137250 | 651279 |
|  \*W | JD Logistics, Inc. | 334900 | 525261 |

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**CONTINUED** 

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| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| CHINA — (Continued) |  |  |
| Jiang Su Suyan Jingshen Co. Ltd., Class A | 16400 | $21597 |
| Jiangling Motors Corp. Ltd., Class A | 13700 | 35500 |
| Jiangsu Asia-Pacific Light Alloy Technology Co. Ltd., Class A | 15000 | 11917 |
| Jiangsu Azure Corp., Class A | 20800 | 36408 |
| Jiangsu Broadcasting Cable Information Network Corp. Ltd., Class A | 62300 | 28412 |
| Jiangsu Changshu Automotive Trim Group Co. Ltd., Class A | 10600 | 18919 |
| Jiangsu Etern Co. Ltd., Class A | 32600 | 28343 |
| Jiangsu General Science Technology Co. Ltd., Class A | 25500 | 15980 |
| Jiangsu Guomao Reducer Co. Ltd., Class A | 26300 | 57210 |
| Jiangsu Guotai International Group Co. Ltd., Class A | 19600 | 19323 |
| Jiangsu Hongdou Industrial Co. Ltd., Class A | 48800 | 14253 |
| Jiangsu Huachang Chemical Co. Ltd., Class A | 22100 | 21248 |
| Jiangsu Jiangyin Rural Commercial Bank Co. Ltd., Class A | 60760 | 34708 |
| Jiangsu Kanion Pharmaceutical Co. Ltd., Class A | 8700 | 15161 |
| Jiangsu Lihua Foods Group Co. Ltd. | 5600 | 14634 |
| Jiangsu Linyang Energy Co. Ltd., Class A | 21500 | 16393 |
| Jiangsu Shagang Co. Ltd., Class A | 44600 | 36054 |
| Jiangsu Shentong Valve Co. Ltd., Class A | 13200 | 19699 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jiangsu Shuangxing Color Plastic New Materials Co. Ltd., Class A | 31700 | $21626 |
|  \* | Jiangsu Sopo Chemical Co., Class A | 11400 | 12921 |
|  | Jiangsu Suzhou Rural Commercial Bank Co. Ltd., Class A | 23000 | 16612 |
|  | Jiangsu Yinhe Electronics Co. Ltd., Class A | 32400 | 18588 |
|  | Jiangsu Zhangjiagang Rural Commercial Bank Co. Ltd., Class A | 71020 | 41094 |
|  | Jiangsu Zijin Rural Commercial Bank Co. Ltd., Class A | 69400 | 25818 |
|  \* | Jiangxi Black Cat Carbon Black Co. Ltd., Class A | 21100 | 32093 |
|  | Jiangxi Copper Co. Ltd., Class H | 212000 | 356223 |
|  | Jiangxi Ganyue Expressway Co. Ltd., Class A | 24900 | 17627 |
|  | Jiaozuo Wanfang Aluminum Manufacturing Co. Ltd., Class A | 9200 | 8518 |
|  | Jihua Group Corp. Ltd., Class A | 55500 | 19727 |
|  \* | Jilin Chemical Fibre, Class A | 36700 | 18303 |
|  # | Jinchuan Group International Resources Co. Ltd. | 463000 | 38207 |
|  \* | Jinke Smart Services Group Co. Ltd., Class H | 20700 | 18930 |
|  # | JinkoSolar Holding Co. Ltd., ADR | 4740 | 81338 |
|  | Jinlei Technology Co. Ltd., Class A | 8200 | 22254 |
|  #W | Jinxin Fertility Group Ltd. | 432000 | 161564 |
|  | Jinyu Bio-Technology Co. Ltd., Class A | 10600 | 9921 |
|  #W | Jiumaojiu International Holdings Ltd. | 57000 | 18490 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Jizhong Energy Resources Co. Ltd., Class A | 36400 | $31283 |
|  | Joy City Property Ltd. | 784000 | 21032 |
|  | JS Corrugating Machinery Co. Ltd., Class A | 13400 | 19745 |
|  \*W | JS Global Lifestyle Co. Ltd. | 274500 | 63673 |
|  | JSTI Group, Class A | 29400 | 35624 |
|  \* | Ju Teng International Holdings Ltd. | 234000 | 41172 |
|  | Juewei Food Co. Ltd., Class A | 12700 | 27740 |
|  \*W | JW Cayman Therapeutics Co. Ltd. | 42000 | 8244 |
|  \* | JY Grandmark Holdings Ltd. | 30000 | 1230 |
|  | Kailuan Energy Chemical Co. Ltd., Class A | 29600 | 24616 |
|  | Kaishan Group Co. Ltd., Class A | 12800 | 15390 |
|  | Keda Industrial Group Co. Ltd., Class A | 29400 | 36696 |
|  | Keshun Waterproof Technologies Co. Ltd., Class A | 36500 | 23665 |
|  # | Kinetic Development Group Ltd. | 476000 | 72337 |
|  | Kingboard Holdings Ltd. | 134000 | 359981 |
|  | Kingboard Laminates Holdings Ltd. | 153500 | 160262 |
|  | Kingsoft Corp. Ltd. | 176200 | 877900 |
|  | KPC Pharmaceuticals, Inc., Class A | 10800 | 22755 |
|  | Kuangda Technology Group Co. Ltd., Class A | 32500 | 22520 |
|  | Kunlun Energy Co. Ltd. | 728000 | 693911 |
|  | Laobaixing Pharmacy Chain JSC, Class A | 10100 | 27953 |
|  | Launch Tech Co. Ltd., Class H | 27000 | 36175 |
|  | Lee & Man Chemical Co. Ltd. | 34000 | 15321 |
|  | Lee & Man Paper Manufacturing Ltd. | 228000 | 61270 |
|  \*W | Legend Holdings Corp., Class H | 115600 | 114755 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Leoch International Technology Ltd. | 69000 | $20746 |
|  | LexinFintech Holdings Ltd., ADR | 22127 | 173697 |
|  | Leyard Optoelectronic Co. Ltd., Class A | 44200 | 37442 |
|  | Li Ning Co. Ltd. | 430000 | 810695 |
|  | Liaoning Cheng Da Co. Ltd., Class A | 20200 | 27798 |
|  | Liaoning Port Co. Ltd., Class H | 396000 | 34167 |
|  \* | Lier Chemical Co. Ltd., Class A | 9500 | 13351 |
|  \* | Lifetech Scientific Corp. | 458000 | 84975 |
|  | Linewell Software Co. Ltd., Class A | 19400 | 32821 |
|  | Lingbao Gold Group Co. Ltd., Class H | 72000 | 79505 |
|  W | Linklogis, Inc., Class B | 232000 | 34678 |
|  # | Livzon Pharmaceutical Group, Inc., Class H | 19100 | 63345 |
|  | Lizhong Sitong Light Alloys Group Co. Ltd., Class A | 12500 | 28480 |
|  | Loncin Motor Co. Ltd., Class A | 26200 | 44942 |
|  #W | Longfor Group Holdings Ltd. | 365000 | 488214 |
|  | Longhua Technology Group Luoyang Co. Ltd., Class A | 18200 | 17010 |
|  | Longshine Technology Group Co. Ltd., Class A | 31900 | 61755 |
|  | Lonking Holdings Ltd. | 374000 | 94174 |
|  | Lucky Harvest Co. Ltd., Class A | 5600 | 41661 |
|  | Luenmei Quantum Co. Ltd., Class A | 29400 | 23761 |
|  | Luoyang Xinqianglian Slewing Bearing Co. Ltd., Class A | 8200 | 32362 |
|  | Lushang Freda Pharmaceutical Co. Ltd., Class A | 23900 | 24419 |
|  | Luxin Venture Capital Group Co. Ltd., Class A | 10400 | 16474 |
|  #\*W | Luye Pharma Group Ltd. | 162000 | 42060 |
|  \* | Maanshan Iron & Steel Co. Ltd., Class H | 234000 | 49416 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Maccura Biotechnology Co. Ltd., Class A | 12800 | $20053 |
|  #\*W Maoyan Entertainment | #\*W Maoyan Entertainment | 111000 | 97533 |
|  W | Medlive Technology Co. Ltd. | 22000 | 34254 |
|  | Mesnac Co. Ltd., Class A | 20100 | 21619 |
|  | Metallurgical Corp. of China Ltd., Class H | 549000 | 103807 |
|  \*W | Microport Cardioflow Medtech Corp. | 179000 | 20811 |
|  #W | Midea Real Estate Holding Ltd. | 51200 | 26571 |
|  | Milkyway Intelligent Supply Chain Service Group Co. Ltd., Class A | 3300 | 21951 |
|  | Ming Yuan Cloud Group Holdings Ltd. | 282000 | 105500 |
|  \* | Minmetals Development Co. Ltd., Class A | 14800 | 14602 |
|  \* | Minth Group Ltd. | 144000 | 343961 |
|  | MLS Co. Ltd., Class A | 18000 | 19572 |
|  \*W | Mobvista, Inc. | 91000 | 64907 |
|  \* | MOG Digitech Holdings Ltd. | 182000 | 7630 |
|  | Moon Environment Technology Co. Ltd., Class A | 16200 | 25682 |
|  | Nanhua Futures Co. Ltd., Class A | 7900 | 12954 |
|  | NanJi E-Commerce Co. Ltd., Class A | 30400 | 18422 |
|  | Nanjing Hanrui Cobalt Co. Ltd., Class A | 6800 | 29669 |
|  | Nanjing Iron & Steel Co. Ltd., Class A | 87500 | 52046 |
|  | Nanjing Pharmaceutical Co. Ltd., Class A | 32100 | 23039 |
|  \* | Nanjing Sample Technology Co. Ltd., Class H | 7000 | 258 |
|  \* | Nanjing Tanker Corp., Class A | 98100 | 36052 |
|  | Nanjing Xinjiekou Department Store Co. Ltd., Class A | 26900 | 23528 |
|  | Nantong Jiangshan Agrochemical & Chemical LLC, Class A | 6200 | 14028 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  #\* | Nayuki Holdings Ltd. | 73500 | $10637 |
|  | NetDragon Websoft Holdings Ltd. | 46000 | 58705 |
|  | Neusoft Corp., Class A | 18000 | 24962 |
|  | New China Life Insurance Co. Ltd., Class H | 166100 | 606582 |
|  | Nexteer Automotive Group Ltd. | 158000 | 105913 |
|  #\* | Nine Dragons Paper Holdings Ltd. | 223000 | 81842 |
|  | Ningbo Boway Alloy Material Co. Ltd., Class A | 9000 | 21565 |
|  | Ningbo Huaxiang Electronic Co. Ltd., Class A | 12200 | 28081 |
|  | Ningbo Jintian Copper Group Co. Ltd., Class A | 41600 | 38196 |
|  | Ningbo Peacebird Fashion Co. Ltd., Class A | 6000 | 13109 |
|  | Ningbo Ronbay New Energy Technology Co. Ltd., Class A | 9588 | 26473 |
|  | Ningbo Shanshan Co. Ltd., Class A | 20000 | 19327 |
|  | Ningbo Xusheng Group Co. Ltd., Class A | 8500 | 15125 |
|  | Ningbo Yunsheng Co. Ltd., Class A | 17300 | 17783 |
|  | Ningxia Building Materials Group Co. Ltd., Class A | 13200 | 23394 |
|  \* | Ningxia Western Venture Industrial Co. Ltd., Class A | 17500 | 12446 |
|  | NKY Medical Holdings Ltd., Class A | 9750 | 19929 |
|  | Noah Holdings Ltd., Sponsored ADR | 6183 | 56822 |
|  | Norinco International Cooperation Ltd., Class A | 11200 | 15808 |
|  | North China Pharmaceutical Co. Ltd., Class A | 19300 | 16050 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Northeast Pharmaceutical Group Co. Ltd., Class A | 25900 | $18321 |
|  | Northeast Securities Co. Ltd., Class A | 31000 | 32331 |
|  \* | Nuode New Materials Co. Ltd., Class A | 34600 | 14565 |
|  | Onewo, Inc., Class H | 38800 | 107069 |
|  | ORG Technology Co. Ltd., Class A | 45300 | 33330 |
|  | Orient International Enterprise Ltd., Class A | 18500 | 18987 |
|  | Orient Overseas International Ltd. | 23000 | 321275 |
|  W | Orient Securities Co. Ltd., Class H | 133600 | 78683 |
|  \* | Oriental Energy Co. Ltd., Class A | 28500 | 32101 |
|  | Pacific Shuanglin Bio-pharmacy Co. Ltd., Class A | 7300 | 22030 |
|  | PCI Technology Group Co. Ltd., Class A | 41700 | 29770 |
|  \*†† | Pengdu Agriculture & Animal Husbandry Co. Ltd., Class A | 160100 | 3086 |
|  \* | Pengxin International Mining Co. Ltd., Class A | 49700 | 32952 |
|  W | Ping An Healthcare & Technology Co. Ltd. | 292100 | 280790 |
|  | PNC Process Systems Co. Ltd., Class A | 6000 | 21146 |
|  \* | Polaris Bay Group Co. Ltd., Class A | 37000 | 32344 |
|  | Poly Property Services Co. Ltd., Class H | 41000 | 162800 |
|  | Prinx Chengshan Holdings Ltd. | 18000 | 18109 |
|  | PW Medtech Group Ltd. | 123000 | 16223 |
|  | Pylon Technologies Co. Ltd., Class A | 2355 | 13303 |
|  \* | Q Technology Group Co. Ltd. | 46000 | 38583 |
|  \* | Qi An Xin Technology Group, Inc., Class A | 6264 | 26676 |
|  | Qifu Technology, Inc., ADR | 20470 | 839884 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  \* | Qinchuan Machine Tool & Tool Group Share Co. Ltd., Class A | 19500 | $34272 |
|  | Qingdao East Steel Tower Stock Co. Ltd., Class A | 20700 | 21666 |
|  | Qingdao Gon Technology Co. Ltd., Class A | 3900 | 13479 |
|  | Qingdao Hanhe Cable Co. Ltd., Class A | 49700 | 21844 |
|  W | Qingdao Port International Co. Ltd., Class H | 113000 | 81685 |
|  | Qingdao Rural Commercial Bank Corp., Class A | 55000 | 23725 |
|  | Qinghai Huzhu TianYouDe Highland Barley Spirit Co. Ltd., Class A | 9600 | 11725 |
|  | Qinhuangdao Port Co. Ltd., Class H | 107500 | 29758 |
|  \* | Qudian, Inc., Sponsored ADR | 29458 | 80126 |
|  #\* | Radiance Holdings Group Co. Ltd. | 119000 | 46075 |
|  #\*W | Red Star Macalline Group Corp. Ltd., Class H | 100600 | 17361 |
|  \*W | Redco Properties Group Ltd. | 160000 | 2103 |
|  | Renhe Pharmacy Co. Ltd., Class A | 38400 | 28450 |
|  | Rianlon Corp., Class A | 3300 | 12756 |
|  | Risen Energy Co. Ltd., Class A | 11200 | 13655 |
|  | Riyue Heavy Industry Co. Ltd., Class A | 17000 | 27877 |
|  | Rizhao Port Co. Ltd., Class A | 28000 | 11576 |
|  \* | RongFa Nuclear Equipment Co. Ltd., Class A | 44700 | 29245 |
|  \* | Roshow Technology Co. Ltd., Class A | 46700 | 45914 |
|  | Runjian Co. Ltd., Class A | 4400 | 30359 |
|  \* | Sansteel Minguang Co. Ltd. Fujian, Class A | 70300 | 36515 |
|  | Sansure Biotech, Inc., Class A | 4502 | 12290 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Sany Heavy Equipment International Holdings Co. Ltd. | 221000 | $161154 |
|  \* | Seazen Group Ltd. | 624380 | 157038 |
|  | S-Enjoy Service Group Co. Ltd. | 73000 | 26355 |
|  | Shaanxi Beiyuan Chemical Industry Group Co. Ltd., Class A | 36900 | 21386 |
|  | Shaanxi Construction Engineering Group Corp. Ltd., Class A | 33900 | 18290 |
|  \* | Shaanxi Heimao Coking Co. Ltd., Class A | 45700 | 18258 |
|  | Shandong Bohui Paper Industrial Co. Ltd., Class A | 18300 | 10843 |
|  | Shandong Buchang Pharmaceuticals Co. Ltd., Class A | 9000 | 19551 |
|  \* | Shandong Dongyue Silicone Material Co. Ltd., Class A | 18700 | 18802 |
|  | Shandong Haihua Co. Ltd., Class A | 15600 | 11426 |
|  | Shandong Hi-Speed Road & Bridge Group Co. Ltd., Class A | 19100 | 14729 |
|  | Shandong Huatai Paper Industry Shareholding Co. Ltd., Class A | 21700 | 10194 |
|  | Shandong Humon Smelting Co. Ltd., Class A | 15300 | 22832 |
|  \* | Shandong Iron & Steel Co. Ltd., Class A | 93500 | 16851 |
|  | Shandong Jinjing Science & Technology Co. Ltd., Class A | 22800 | 14291 |
|  | Shandong Lukang Pharma, Class A | 23200 | 31632 |
|  | Shandong Pharmaceutical Glass Co. Ltd., Class A | 5800 | 17727 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Shandong Weifang Rainbow Chemical Co. Ltd., Class A | 4100 | $29708 |
|  | Shandong Weigao Group Medical Polymer Co. Ltd., Class H | 499200 | 367442 |
|  | Shandong Xiantan Co. Ltd., Class A | 10050 | 8218 |
|  | Shandong Xinhua Pharmaceutical Co. Ltd., Class H | 36000 | 25476 |
|  \* | Shanghai Aerospace Automobile Electromechanical Co. Ltd., Class A | 22100 | 19540 |
|  | Shanghai AJ Group Co. Ltd., Class A | 37000 | 22863 |
|  | Shanghai Bailian Group Co. Ltd., Class A | 25800 | 34000 |
|  | Shanghai Baosteel Packaging Co. Ltd., Class A | 14500 | 9474 |
|  | Shanghai Bright Meat Group Co. Ltd., Class A | 21900 | 24459 |
|  | Shanghai Chlor-Alkali Chemical Co. Ltd., Class A | 10100 | 12527 |
|  | Shanghai Datun Energy Resources Co. Ltd., Class A | 10700 | 16330 |
|  \* | Shanghai Electric Group Co. Ltd., Class H | 372000 | 122237 |
|  | Shanghai Environment Group Co. Ltd., Class A | 31680 | 34312 |
|  | Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H | 73000 | 131282 |
|  | Shanghai Huayi Group Co. Ltd., Class A | 21300 | 19954 |
|  | Shanghai Kaibao Pharmaceutical Co. Ltd., Class A | 26300 | 21311 |
|  | Shanghai Liangxin Electrical Co. Ltd., Class A | 25200 | 28981 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shanghai Mechanical & Electrical Industry Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shanghai Mechanical & Electrical Industry Co. Ltd., Class A | 9700 | $29656 |
|  \* | Shanghai Milkground Food Tech Co. Ltd., Class A | 10500 | 37643 |
|  # | Shanghai Pharmaceuticals Holding Co. Ltd., Class H | 113600 | 155351 |
|  | Shanghai Pudong Construction Co. Ltd., Class A | 14700 | 12867 |
|  | Shanghai QiFan Cable Co. Ltd., Class A | 8300 | 16739 |
|  | Shanghai Runda Medical Technology Co. Ltd., Class A | 10500 | 26097 |
|  | Shanghai Shyndec Pharmaceutical Co. Ltd., Class A | 23400 | 32977 |
|  | Shanghai Stonehill Technology Co. Ltd., Class A | 83500 | 59733 |
|  | Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd., Class A | 14700 | 22725 |
|  | Shanghai Zhenhua Heavy Industries Co. Ltd., Class A | 41200 | 24180 |
|  \* | Shanghai Zhonggu Logistics Co. Ltd., Class A | 22500 | 33321 |
|  | Shanghai Zijiang Enterprise Group Co. Ltd., Class A | 23300 | 20132 |
|  | Shantui Construction Machinery Co. Ltd., Class A | 22000 | 26426 |
|  | Shanxi Blue Flame Holding Co. Ltd., Class A | 23900 | 21070 |
|  | Shanxi Coking Co. Ltd., Class A | 75810 | 36327 |
|  | Shanxi Guoxin Energy Corp. Ltd., Class A | 57960 | 20216 |
|  \* | Shanxi Lanhua Sci-Tech Venture Co. Ltd., Class A | 15800 | 14707 |
|  \* | Shanxi Meijin Energy Co. Ltd., Class A | 35100 | 20307 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shanying International Holding Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shanying International Holding Co. Ltd., Class A | 104000 | $24004 |
|  | Shenghe Resources Holding Co. Ltd., Class A | 36800 | 53638 |
|  | Shenma Industry Co. Ltd., Class A | 31900 | 35289 |
|  W | Shenwan Hongyuan Group Co. Ltd., Class H | 236800 | 62722 |
|  | Shenzhen Agricultural Power Group Co. Ltd., Class A | 20600 | 17988 |
|  | Shenzhen Airport Co. Ltd., Class A | 31600 | 29468 |
|  | Shenzhen Cereals Holdings Co. Ltd., Class A | 16000 | 14810 |
|  | Shenzhen Colibri Technologies Co. Ltd., Class A | 12200 | 25448 |
|  | Shenzhen Das Intellitech Co. Ltd., Class A | 48400 | 21174 |
|  | Shenzhen Desay Battery Technology Co., Class A | 6300 | 18364 |
|  \* | Shenzhen Dynanonic Co. Ltd., Class A | 9300 | 35816 |
|  | Shenzhen Fuanna Bedding & Furnishing Co. Ltd., Class A | 10200 | 10921 |
|  | Shenzhen Gongjin Electronics Co. Ltd., Class A | 11600 | 14592 |
|  \*W | Shenzhen Hepalink Pharmaceutical Group Co. Ltd., Class H | 23000 | 13180 |
|  | Shenzhen Hopewind Electric Co. Ltd., Class A | 11100 | 45554 |
|  | Shenzhen International Holdings Ltd. | 173700 | 177701 |
|  | Shenzhen Invt Electric Co. Ltd., Class A | 25800 | 27366 |
|  | Shenzhen Jinjia Group Co. Ltd., Class A | 41500 | 20583 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shenzhen Kangtai Biological Products Co. Ltd., Class A | 11100 | $20825 |
|  | Shenzhen Kingkey Smart Agriculture Times Co. Ltd., Class A | 10500 | 21715 |
|  | Shenzhen Laibao Hi-tech Co. Ltd., Class A | 24200 | 31554 |
|  | Shenzhen Leaguer Co. Ltd., Class A | 24800 | 28108 |
|  | Shenzhen Microgate Technology Co. Ltd., Class A | 18000 | 25376 |
|  | Shenzhen Noposin Crop Science Co. Ltd., Class A | 12400 | 16123 |
|  | Shenzhen Senior Technology Material Co. Ltd., Class A | 27600 | 34555 |
|  | Shenzhen Suntak Circuit Technology Co. Ltd., Class A | 18900 | 26259 |
|  | Shenzhen Tagen Group Co. Ltd., Class A | 24600 | 12053 |
|  | Shenzhen United Winners Laser Co. Ltd., Class A | 10977 | 23895 |
|  | Shenzhen Yinghe Technology Co. Ltd., Class A | 7100 | 16130 |
|  | Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd., Class A | 68200 | 41913 |
|  | Shida Shinghwa Advanced Material Group Co. Ltd., Class A | 2000 | 9441 |
|  | Shinva Medical Instrument Co. Ltd., Class A | 7930 | 16061 |
|  # | Shiyue Daotian Group Co. Ltd. | 18000 | 14024 |
|  | Shui On Land Ltd. | 781000 | 66385 |
|  | Sichuan EM Technology Co. Ltd., Class A | 17500 | 21700 |
|  | Sichuan Haite High-tech Co. Ltd., Class A | 15500 | 19711 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Sichuan Hebang Biotechnology Co. Ltd., Class A | 91160 | $21222 |
|  | Sichuan Hexie Shuangma Co. Ltd., Class A | 13900 | 30050 |
|  \* | Sichuan Lutianhua Co. Ltd., Class A | 37800 | 25159 |
|  | Sichuan Yahua Industrial Group Co. Ltd., Class A | 14000 | 21564 |
|  | Sihuan Pharmaceutical Holdings Group Ltd. | 584000 | 54173 |
|  | Sino Biopharmaceutical Ltd. | 1566000 | 786444 |
|  \* | Sinochem International Corp., Class A | 30600 | 15094 |
|  | Sinofert Holdings Ltd. | 464000 | 70057 |
|  | Sinomach Automobile Co. Ltd., Class A | 21400 | 18657 |
|  | Sinomach Precision Industry Group Co. Ltd., Class A | 10700 | 22623 |
|  | Sinopec Engineering Group Co. Ltd., Class H | 282500 | 201017 |
|  | Sinopec Kantons Holdings Ltd. | 230000 | 129507 |
|  \* | Sinopec Oilfield Equipment Corp., Class A | 25600 | 21048 |
|  \* | Sinopec Shanghai Petrochemical Co. Ltd., Class H | 454000 | 67244 |
|  | Sinopharm Group Co. Ltd., Class H | 259200 | 610869 |
|  | Sino-Platinum Metals Co. Ltd., Class A | 10660 | 19358 |
|  | Sinosteel Engineering & Technology Co. Ltd., Class A | 12000 | 10655 |
|  | Sinosteel New Materials Co. Ltd., Class A | 12100 | 13014 |
|  | Sinotrans Ltd., Class H | 393000 | 170799 |
|  | Skyworth Digital Co. Ltd., Class A | 15900 | 24545 |
|  # | Skyworth Group Ltd. | 236434 | 90744 |
|  W | Smoore International Holdings Ltd. | 131000 | 226737 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Snowsky Salt Industry Group Co. Ltd., Class A | 24200 | $16625 |
|  #\* | SOHO China Ltd. | 381500 | 26542 |
|  | Southern Publishing & Media Co. Ltd., Class A | 5800 | 13178 |
|  | SSY Group Ltd. | 212000 | 80452 |
|  | Stanley Agricultural Group Co. Ltd., Class A | 22000 | 25411 |
|  | Star Lake Bioscience Co., Inc. Zhaoqing Guangdong, Class A | 47700 | 49652 |
|  | STO Express Co. Ltd., Class A | 13600 | 20013 |
|  | Sumec Corp. Ltd., Class A | 29000 | 37780 |
|  \* | Sun King Technology Group Ltd. | 218000 | 31188 |
|  | Suning Universal Co. Ltd., Class A | 67314 | 20023 |
|  | Sunrise Group Co. Ltd., Class A | 27700 | 20616 |
|  \* | Sunstone Development Co. Ltd., Class A | 10000 | 23937 |
|  | Sunward Intelligent Equipment Co. Ltd., Class A | 24500 | 23599 |
|  | Suzhou Anjie Technology Co. Ltd., Class A | 13800 | 24456 |
|  | Suzhou Gold Mantis Construction Decoration Co. Ltd., Class A | 39700 | 18962 |
|  | SY Holdings Group Ltd. | 126500 | 211456 |
|  \* | Taiyuan Heavy Industry Co. Ltd., Class A | 45700 | 14795 |
|  \* | Tangshan Jidong Cement Co. Ltd., Class A | 31600 | 20608 |
|  | Tangshan Sanyou Chemical Industries Co. Ltd., Class A | 32100 | 21472 |
|  | Tayho Advanced Materials Group Co. Ltd., Class A | 19200 | 27029 |
|  | TCL Electronics Holdings Ltd. | 209000 | 264008 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | TDG Holdings Co. Ltd., Class A | 21000 | $18817 |
|  | Tencent Music Entertainment Group, ADR | 9792 | 131409 |
|  | Three's Co. Media Group Co. Ltd., Class A | 6700 | 25561 |
|  | Tiande Chemical Holdings Ltd. | 156000 | 21635 |
|  # | Tiangong International Co. Ltd. | 308000 | 83680 |
|  | Tianjin Capital Environmental Protection Group Co. Ltd., Class H | 62000 | 25450 |
|  | Tianjin Chase Sun Pharmaceutical Co. Ltd., Class A | 47200 | 21998 |
|  | Tianjin Port Co. Ltd., Class A | 33200 | 20220 |
|  | Tianjin Port Development Holdings Ltd. | 526000 | 41296 |
|  | Tianjin Ringpu Bio-Technology Co. Ltd., Class A | 10400 | 29229 |
|  | Tianjin Teda Co. Ltd., Class A | 47200 | 23979 |
|  # | Tianneng Power International Ltd. | 122000 | 101559 |
|  # | Tianqi Lithium Corp., Class H | 26800 | 79667 |
|  | Tianrun Industry Technology Co. Ltd., Class A | 35200 | 29935 |
|  \* | Tibet Water Resources Ltd. | 477000 | 18692 |
|  | Titan Wind Energy Suzhou Co. Ltd., Class A | 17500 | 15497 |
|  | Tofflon Science & Technology Group Co. Ltd., Class A | 14900 | 24133 |
|  | Toly Bread Co. Ltd., Class A | 27100 | 20266 |
|  | Tomson Group Ltd. | 89778 | 31065 |
|  | Tong Ren Tang Technologies Co. Ltd., Class H | 116000 | 70768 |
|  | Tongdao Liepin Group | 61600 | 28850 |
|  \* | Tongguan Gold Group Ltd. | 112000 | 17165 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Tongling Jingda Special Magnet Wire Co. Ltd., Class A | 26500 | $24489 |
|  | Tongyu Heavy Industry Co. Ltd., Class A | 63900 | 21468 |
|  | Topsec Technologies Group, Inc., Class A | 35200 | 35044 |
|  W | Topsports International Holdings Ltd. | 345000 | 137157 |
|  | Transfar Zhilian Co. Ltd., Class A | 38900 | 28121 |
|  | TravelSky Technology Ltd., Class H | 155000 | 215769 |
|  | Triangle Tyre Co. Ltd., Class A | 9700 | 18090 |
|  | Truly International Holdings Ltd. | 314000 | 38548 |
|  | TSP Wind Power Group Co. Ltd. | 12000 | 10497 |
|  †† | Tunghsu Optoelectronic Technology Co. Ltd., Class A | 67200 | 2591 |
|  | Unilumin Group Co. Ltd., Class A | 28700 | 27446 |
|  | Valiant Co. Ltd., Class A | 14100 | 21193 |
|  | Vats Liquor Chain Store Management JSC Ltd. (300755 C2), Class A | 11500 | 27716 |
|  | Vatti Corp. Ltd., Class A | 19300 | 17199 |
|  | Victory Giant Technology Huizhou Co. Ltd., Class A | 6900 | 70332 |
|  | Vipshop Holdings Ltd., ADR | 62902 | 856725 |
|  \*W | Viva Biotech Holdings | 133500 | 25299 |
|  | Walvax Biotechnology Co. Ltd., Class A | 13200 | 18206 |
|  | Wangneng Environment Co. Ltd., Class A | 10100 | 24827 |
|  | Wanguo Gold Group Ltd. | 64000 | 188213 |
|  | Wanxiang Qianchao Co. Ltd., Class A | 50000 | 44799 |
|  | Wasion Holdings Ltd. | 124000 | 128278 |
|  | Wasu Media Holding Co. Ltd., Class A | 24500 | 26003 |
|  | Weibo Corp. (9898 HK), Class A | 13880 | 114717 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Weichai Power Co. Ltd., Class H | 342000 | $667208 |
|  | Weifu High-Technology Group Co. Ltd., Class A | 12200 | 32800 |
|  | Weihai Guangtai Airport Equipment Co. Ltd., Class A | 15100 | 19520 |
|  \* | Wellhope Foods Co. Ltd., Class A | 18200 | 20933 |
|  | West China Cement Ltd. | 394000 | 79145 |
|  | Windey Energy Technology Group Co. Ltd., Class A | 10400 | 15057 |
|  | Wolong Electric Group Co. Ltd., Class A | 12900 | 45599 |
|  | Wuhu Token Science Co. Ltd., Class A | 41900 | 32786 |
|  | Wuling Motors Holdings Ltd. | 140000 | 7381 |
|  | Wushang Group Co. Ltd., Class A | 19800 | 25381 |
|  \*W | Wuxi Biologics Cayman, Inc. | 721500 | 2095545 |
|  | Wuxi Boton Technology Co. Ltd., Class A | 9700 | 30650 |
|  | Wuxi Huaguang Environment & Energy Group Co. Ltd., Class A | 14900 | 18735 |
|  | Wuxi Paike New Materials Technology Co. Ltd., Class A | 1700 | 12984 |
|  | Wuxi Rural Commercial Bank Co. Ltd., Class A | 28400 | 21639 |
|  | Wuxi Taiji Industry Ltd. Co., Class A | 23200 | 20224 |
|  W | Xiabuxiabu Catering Management China Holdings Co. Ltd. | 221000 | 20635 |
|  | Xiamen Bank Co. Ltd., Class A | 54200 | 43011 |
|  | Xiamen Changelight Co. Ltd., Class A | 25000 | 36531 |
|  | Xiamen ITG Group Corp. Ltd., Class A | 23400 | 20204 |
|  | Xiamen Xiangyu Co. Ltd., Class A | 31300 | 27937 |
|  | Xi'An Shaangu Power Co. Ltd., Class A | 26300 | 30029 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Xiandai Investment Co. Ltd., Class A | 38000 | $20718 |
|  | Xiangcai Co. Ltd., Class A | 23100 | 24700 |
|  \* | Xiangtan Electric Manufacturing Co. Ltd., Class A | 15300 | 20873 |
|  | Xianhe Co. Ltd., Class A | 11300 | 32700 |
|  | Xilinmen Furniture Co. Ltd., Class A | 7500 | 15806 |
|  | Xinfengming Group Co. Ltd., Class A | 28900 | 42937 |
|  | Xingfa Aluminium Holdings Ltd. | 20000 | 19768 |
|  | Xinhua Winshare Publishing & Media Co. Ltd., Class H | 62000 | 89749 |
|  | Xinjiang Communications Construction Group Co. Ltd., Class A | 10600 | 16127 |
|  | Xinjiang Joinworld Co. Ltd., Class A | 18800 | 17245 |
|  | Xinjiang Qingsong Building Materials & Chemicals Group Co. Ltd., Class A | 46300 | 23752 |
|  | Xinjiang Xinxin Mining Industry Co. Ltd., Class H | 152000 | 17799 |
|  | Xinjiang Xuefeng Sci-Tech Group Co. Ltd., Class A | 22500 | 30096 |
|  #\* | Xinte Energy Co. Ltd., Class H | 64000 | 36547 |
|  | Xinxiang Chemical Fiber Co. Ltd., Class A | 32600 | 17495 |
|  | Xinxing Ductile Iron Pipes Co. Ltd., Class A | 77883 | 36121 |
|  # | Xinyi Energy Holdings Ltd. | 528127 | 62541 |
|  # | Xinyi Solar Holdings Ltd. | 626000 | 208183 |
|  | Xinyu Iron & Steel Co. Ltd., Class A | 47700 | 26553 |
|  | Xinzhi Group Co. Ltd., Class A | 13100 | 31098 |
|  | Xtep International Holdings Ltd. | 317520 | 216533 |
|  #\* | Xunlei Ltd., ADR | 12789 | 53970 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Yangling Metron New Material, Inc., Class A | 6700 | $17391 |
|  W | Yangtze Optical Fibre & Cable Joint Stock Co. Ltd., Class H | 34500 | 60858 |
|  # | Yankuang Energy Group Co. Ltd., Class H | 396000 | 413591 |
|  | Yantai Changyu Pioneer Wine Co. Ltd., Class A | 3800 | 11824 |
|  \* | Yatsen Holding Ltd., ADR | 17343 | 74228 |
|  #\* | Yeahka Ltd. | 34000 | 34010 |
|  | Yechiu Metal Recycling China Ltd., Class A | 70100 | 23058 |
|  | Yeebo International Holdings Ltd. | 46000 | 9602 |
|  | Yibin Tianyuan Group Co. Ltd., Class A | 14900 | 9001 |
|  #\*W | YiChang HEC ChangJiang Pharmaceutical Co. Ltd., Class H | 59000 | 94620 |
|  | Yiren Digital Ltd., Sponsored ADR | 19865 | 129917 |
|  #W | Yixin Group Ltd. | 525500 | 144362 |
|  | Yixintang Pharmaceutical Group Co. Ltd., Class A | 6500 | 12695 |
|  | Yonfer Agricultural Technology Co. Ltd., Class A | 22900 | 42785 |
|  | Yongjin Technology Group Co. Ltd. | 6800 | 15250 |
|  | Yotrio Group Co. Ltd., Class A | 63800 | 30620 |
|  | Youzu Interactive Co. Ltd., Class A | 17900 | 23225 |
|  \* | Yueyang Forest & Paper Co. Ltd., Class A | 24600 | 14516 |
|  | Yunnan Energy Investment Co. Ltd., Class A | 11700 | 17555 |
|  | Yusys Technologies Co. Ltd., Class A | 9500 | 31520 |
|  | Yutong Bus Co. Ltd., Class A | 13000 | 48041 |
|  | Zengame Technology Holding Ltd. | 62000 | 18078 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Zhefu Holding Group Co. Ltd., Class A | 68100 | $29502 |
|  | Zhejiang Asia-Pacific Mechanical & Electronic Co. Ltd., Class A | 22700 | 34372 |
|  | Zhejiang Communications Technology Co. Ltd., Class A | 58320 | 30901 |
|  | Zhejiang Conba Pharmaceutical Co. Ltd., Class A | 47300 | 28610 |
|  | Zhejiang Daily Digital Culture Group Co. Ltd., Class A | 15400 | 29819 |
|  | Zhejiang Garden Biopharmaceutical Co. Ltd., Class A | 14000 | 29221 |
|  | Zhejiang Guyuelongshan Shaoxing Wine Co. Ltd., Class A | 9700 | 11805 |
|  | Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology Co. Ltd. | 15600 | 24185 |
|  | Zhejiang Hailiang Co. Ltd., Class A | 17500 | 23021 |
|  | Zhejiang HangKe Technology, Inc. Co., Class A | 8981 | 21127 |
|  | Zhejiang Hangmin Co. Ltd., Class A | 13700 | 13347 |
|  \* | Zhejiang Hisun Pharmaceutical Co. Ltd., Class A | 18800 | 22950 |
|  | Zhejiang Huace Film & Television Co. Ltd., Class A | 54800 | 54316 |
|  | Zhejiang Huangma Technology Co. Ltd., Class A | 15200 | 25315 |
|  | Zhejiang Jiahua Energy Chemical Industry Co. Ltd., Class A | 14600 | 17184 |
|  | Zhejiang Jiecang Linear Motion Technology Co. Ltd., Class A | 9400 | 55519 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Zhejiang Jingxin Pharmaceutical Co. Ltd., Class A | 23280 | $43776 |
|  | Zhejiang Jiuzhou Pharmaceutical Co. Ltd., Class A | 9800 | 18528 |
|  | Zhejiang Medicine Co. Ltd., Class A | 8405 | 15421 |
|  | Zhejiang Orient Financial Holdings Group Co. Ltd., Class A | 66780 | 55295 |
|  \* | Zhejiang Orient Gene Biotech Co. Ltd., Class A | 2556 | 7721 |
|  | Zhejiang Runtu Co. Ltd., Class A | 10300 | 9869 |
|  | Zhejiang Semir Garment Co. Ltd., Class A | 33700 | 26073 |
|  | Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co. Ltd., Class A | 28000 | 19994 |
|  | Zhejiang Tianyu Pharmaceutical Co. Ltd., Class A | 5100 | 15646 |
|  | Zhejiang Wanliyang Co. Ltd., Class A | 29800 | 30094 |
|  | Zhejiang Wanma Co. Ltd., Class A | 25300 | 51502 |
|  | Zhejiang Wansheng Co. Ltd., Class A | 8600 | 11240 |
|  | Zhejiang XCC Group Co. Ltd., Class A | 5900 | 30404 |
|  | Zhejiang Xianju Pharmaceutical Co. Ltd., Class A | 13900 | 17205 |
|  | Zhejiang Xinan Chemical Industrial Group Co. Ltd., Class A | 21700 | 22656 |
|  | Zhejiang Xinao Textiles, Inc., Class A | 19200 | 15654 |
|  | Zhende Medical Co. Ltd., Class A | 3900 | 10279 |
|  | Zhengzhou Coal Mining Machinery Group Co. Ltd., Class H | 34200 | 56930 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Zhenjiang Dongfang Electric Heating Technology Co. Ltd., Class A | 31100 | $20055 |
|  | Zhewen Interactive Group Co. Ltd., Class A | 33900 | 37389 |
|  \* | Zhihu, Inc. | 8200 | 10743 |
|  \*W | ZhongAn Online P&C Insurance Co. Ltd., Class H | 155000 | 223820 |
|  | Zhongshan Broad Ocean Motor Co. Ltd., Class A | 33000 | 31492 |
|  | Zhongsheng Group Holdings Ltd. | 150500 | 226455 |
|  \*†† | Zhongtian Financial Group Co. Ltd., Class A | 95600 | 0 |
|  | Zhongyuan Environment-Protection Co. Ltd., Class A | 15700 | 17615 |
|  #W | Zhou Hei Ya International Holdings Co. Ltd. | 151500 | 49110 |
|  | Zhuhai Huafa Properties Co. Ltd., Class A | 43848 | 30761 |
|  | Zhuzhou CRRC Times Electric Co. Ltd., Class H | 65200 | 261702 |
|  | Zhuzhou Kibing Group Co. Ltd., Class A | 55100 | 41004 |
|  | Zhuzhou Times New Material Technology Co. Ltd., Class A | 6300 | 9845 |
|  | Zibo Qixiang Tengda Chemical Co. Ltd., Class A | 57600 | 35332 |
|  W | ZJLD Group, Inc. | 46000 | 38452 |
|  | ZJMI Environmental Energy Co. Ltd., Class A | 13100 | 22215 |
|  # | Zoomlion Heavy Industry Science & Technology Co. Ltd., Class H | 250200 | 180289 |
|  | ZTO Express Cayman, Inc. (2057 HK) | 25950 | 483290 |
|  TOTAL CHINA | TOTAL CHINA | TOTAL CHINA | 59813604 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COLOMBIA — (0.1%) | COLOMBIA — (0.1%) |  |  |
|  | Almacenes Exito SA, BDR | 5074 | $9307 |
|  \* | Corp. Financiera Colombiana SA | 52491 | 205712 |
|  | Grupo Argos SA | 36020 | 187364 |
|  TOTAL COLOMBIA | TOTAL COLOMBIA | TOTAL COLOMBIA | 402383 |
|  GREECE — (0.6%) | GREECE — (0.6%) |  |  |
|  | Aegean Airlines SA | 2849 | 38256 |
|  | Alpha Services & Holdings SA | 252527 | 615719 |
|  | Autohellas Tourist & Trading SA | 2338 | 30018 |
|  | Bank of Greece | 2693 | 41877 |
|  | Ellaktor SA | 5435 | 8022 |
|  | ElvalHalcor SA | 9981 | 22390 |
|  | Fourlis Holdings SA | 5499 | 24912 |
|  | GEK Terna SA | 5473 | 113593 |
|  | Hellenic Exchanges - Athens Stock Exchange SA | 4613 | 27611 |
|  | Helleniq Energy Holdings SA | 12846 | 110959 |
|  | Intracom Holdings SA | 8294 | 29048 |
|  | Jumbo SA | 808 | 25511 |
|  \* | LAMDA Development SA | 9148 | 68834 |
|  | Motor Oil Hellas Corinth Refineries SA | 8499 | 205932 |
|  | Piraeus Port Authority SA | 1053 | 47142 |
|  | Quest Holdings SA | 1769 | 12692 |
|  | Sarantis SA | 2283 | 34999 |
|  TOTAL GREECE | TOTAL GREECE | TOTAL GREECE | 1457515 |
|  HONG KONG — (2.7%) | HONG KONG — (2.7%) |  |  |
|  | Beijing Enterprises Holdings Ltd. | 99000 | 401700 |
|  | Chervon Holdings Ltd. | 19400 | 32581 |
|  \* | China Aerospace International Holdings Ltd. | 354000 | 17564 |
|  | China Everbright Ltd. | 106000 | 56685 |
|  | China Jinmao Holdings Group Ltd. | 700298 | 103622 |
|  | China Merchants Port Holdings Co. Ltd. | 257610 | 418225 |
|  | China Nonferrous Mining Corp. Ltd. | 225000 | 148918 |
|  | China Overseas Grand Oceans Group Ltd. | 356000 | 78856 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  | China Overseas Land & Investment Ltd. | 568000 | $1007717 |
|  W | China Resources Pharmaceutical Group Ltd. | 397500 | 250908 |
|  | China Taiping Insurance Holdings Co. Ltd. | 305600 | 423185 |
|  #\* | China Traditional Chinese Medicine Holdings Co. Ltd. | 624000 | 162439 |
|  | China Travel International Investment Hong Kong Ltd. | 416000 | 54051 |
|  \* | China Vered Financial Holding Corp. Ltd. | 3700000 | 22452 |
|  \*†† | China Zhongwang Holdings Ltd. | 360400 | 0 |
|  | CSPC Pharmaceutical Group Ltd. | 1204000 | 948317 |
|  | CSSC Hong Kong Shipping Co. Ltd. | 300000 | 65683 |
|  | Far East Horizon Ltd. | 267000 | 207175 |
|  | Fosun International Ltd. | 171500 | 88905 |
|  W | Genertec Universal Medical Group Co. Ltd. | 196000 | 129271 |
|  W | Hua Hong Semiconductor Ltd. | 140000 | 640197 |
|  | Jinmao Property Services Co. Ltd. | 5740 | 2143 |
|  # | Morimatsu International Holdings Co. Ltd. | 78000 | 55388 |
|  | PAX Global Technology Ltd. | 45000 | 27099 |
|  | Poly Property Group Co. Ltd. | 305560 | 57742 |
|  | Shanghai Industrial Holdings Ltd. | 85000 | 129714 |
|  | Shenzhen Investment Ltd. | 326068 | 32750 |
|  | Shoucheng Holdings Ltd. | 466000 | 95513 |
|  | Shougang Fushan Resources Group Ltd. | 453416 | 143686 |
|  W | Simcere Pharmaceutical Group Ltd. | 84000 | 94967 |
|  \* | Sinic Holdings Group Co. Ltd. | 28000 | 0 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  | Sinotruk Hong Kong Ltd. | 114000 | $273931 |
|  | Sun Art Retail Group Ltd. | 472000 | 112646 |
|  | Tian An China Investment Co. Ltd. | 123000 | 67727 |
|  \*†† | Tian Shan Development Holding Ltd. | 52000 | 0 |
|  †† | Untrade.China Dili | 334200 | 5335 |
|  | Wharf Holdings Ltd. | 210000 | 527499 |
|  # | Yuexiu Property Co. Ltd. | 261600 | 157884 |
|  | Yuexiu Services Group Ltd. | 90500 | 33560 |
|  TOTAL HONG KONG | TOTAL HONG KONG |  | 7076035 |
|  INDIA — (21.1%) | INDIA — (21.1%) |  |  |
|  | 360 ONE WAM Ltd. | 16231 | 187909 |
|  | 63 Moons Technologies Ltd. | 3396 | 25788 |
|  | Aarti Drugs Ltd. | 7935 | 32843 |
|  | Aarti Industries Ltd. | 25524 | 126814 |
|  | Aarti Pharmalabs Ltd. | 3849 | 32604 |
|  \* | Aavas Financiers Ltd. | 5836 | 133417 |
|  | ACC Ltd. | 11413 | 253218 |
|  | Action Construction Equipment Ltd. | 6469 | 89818 |
|  | ADF Foods Ltd. | 11510 | 30137 |
|  \* | Aditya Birla Capital Ltd. | 73935 | 171236 |
|  | Aditya Birla Real Estate Ltd. | 8265 | 187957 |
|  | Advanced Enzyme Technologies Ltd. | 6682 | 22599 |
|  | Aegis Logistics Ltd. | 20735 | 190450 |
|  \* | Aether Industries Ltd. | 2729 | 26117 |
|  | AGI Greenpac Ltd. | 3184 | 30681 |
|  | Ahluwalia Contracts India Ltd. | 3784 | 38064 |
|  | AIA Engineering Ltd. | 5562 | 207878 |
|  | Ajanta Pharma Ltd. | 3566 | 113527 |
|  | Alembic Ltd. | 6876 | 8133 |
|  | Alembic Pharmaceuticals Ltd. | 8442 | 86923 |
|  | Alkem Laboratories Ltd. | 4259 | 255949 |
|  | Allcargo Logistics Ltd. | 29876 | 10447 |
|  | Amara Raja Energy & Mobility Ltd. | 17864 | 205454 |
|  \* | Amber Enterprises India Ltd. | 2627 | 189082 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Anant Raj Ltd. | 16935 | $90180 |
|  | Angel One Ltd. | 3622 | 99271 |
|  | Apar Industries Ltd. | 1978 | 131056 |
|  | APL Apollo Tubes Ltd. | 963 | 18274 |
|  | Apollo Pipes Ltd. | 1969 | 9060 |
|  | Apollo Tyres Ltd. | 58316 | 324564 |
|  | Aptus Value Housing Finance India Ltd. | 9294 | 35014 |
|  | Arvind Fashions Ltd. | 4486 | 21077 |
|  | Arvind Ltd. | 22037 | 93952 |
|  | Asahi India Glass Ltd. | 7855 | 68541 |
|  \* | Ashapura Minechem Ltd. | 2747 | 10781 |
|  | Ashiana Housing Ltd. | 6134 | 19567 |
|  | Ashok Leyland Ltd. | 187863 | 503072 |
|  \* | Ashoka Buildcon Ltd. | 22830 | 49879 |
|  W | Aster DM Healthcare Ltd. | 20067 | 120364 |
|  | Astra Microwave Products Ltd. | 3585 | 34878 |
|  | Atul Ltd. | 1372 | 109045 |
|  W | AU Small Finance Bank Ltd. | 22943 | 183495 |
|  \* | Aurobindo Pharma Ltd. | 52623 | 762674 |
|  | Automotive Axles Ltd. | 879 | 17223 |
|  | Avanti Feeds Ltd. | 6008 | 61844 |
|  \* | AWL Agri Business Ltd. | 20545 | 64860 |
|  \* | Bajaj Consumer Care Ltd. | 15751 | 30896 |
|  \* | Bajaj Hindusthan Sugar Ltd. | 120090 | 27533 |
|  | Bajaj Holdings & Investment Ltd. | 3740 | 532781 |
|  | Balaji Amines Ltd. | 852 | 12779 |
|  | Balkrishna Industries Ltd. | 10726 | 338883 |
|  | Balmer Lawrie & Co. Ltd. | 10274 | 24083 |
|  | Balrampur Chini Mills Ltd. | 24145 | 156642 |
|  | Banco Products India Ltd. | 3038 | 13162 |
|  W | Bandhan Bank Ltd. | 77514 | 151303 |
|  | Bank of India | 87859 | 119670 |
|  | Bank of Maharashtra | 86887 | 51867 |
|  | Bannari Amman Sugars Ltd. | 715 | 34981 |
|  | BASF India Ltd. | 1446 | 74568 |
|  | BEML Ltd. | 3138 | 118112 |
|  | Bhansali Engineering Polymers Ltd. | 32989 | 42489 |
|  | Bharat Bijlee Ltd. | 1034 | 35489 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Bharat Forge Ltd. | 2085 | $27218 |
|  | Bharat Heavy Electricals Ltd. | 165592 | 441845 |
|  | Bharat Rasayan Ltd. | 47 | 5283 |
|  | Birla Corp. Ltd. | 5943 | 74798 |
|  | BirlaNu Ltd. | 799 | 17851 |
|  | Birlasoft Ltd. | 27719 | 127831 |
|  | Bluspring Enterprises Ltd. | 11307 | 25760 |
|  | Bombay Burmah Trading Co. | 3632 | 79881 |
|  \* | Borosil Scientific Ltd. | 1599 | 2480 |
|  | Bosch Ltd. | 925 | 319661 |
|  | Brigade Enterprises Ltd. | 14693 | 177600 |
|  \* | Brightcom Group Ltd. | 196745 | 23870 |
|  | BSE Ltd. | 8010 | 603927 |
|  | Can Fin Homes Ltd. | 13719 | 115817 |
|  | Canara Bank | 358790 | 412540 |
|  \* | Capacit'e Infraprojects Ltd. | 12960 | 54308 |
|  | Caplin Point Laboratories Ltd. | 4054 | 89318 |
|  | Carborundum Universal Ltd. | 2630 | 31706 |
|  | Care Ratings Ltd. | 3111 | 44763 |
|  \* | Cartrade Tech Ltd. | 2827 | 57228 |
|  | CCL Products India Ltd. | 7811 | 54083 |
|  | Ceat Ltd. | 5123 | 199227 |
|  | Century Enka Ltd. | 2942 | 17863 |
|  | Century Plyboards India Ltd. | 2114 | 17465 |
|  | Chambal Fertilisers & Chemicals Ltd. | 29578 | 241528 |
|  | Cholamandalam Financial Holdings Ltd. | 15121 | 333312 |
|  | Cholamandalam Investment & Finance Co. Ltd. | 46252 | 816924 |
|  | CIE Automotive India Ltd. | 20010 | 95158 |
|  \* | Cigniti Technologies Ltd. | 1547 | 24580 |
|  | Cipla Ltd. | 21378 | 392276 |
|  | City Union Bank Ltd. | 66775 | 138973 |
|  | CMS Info Systems Ltd. | 14556 | 75260 |
|  W | Cochin Shipyard Ltd. | 19212 | 360989 |
|  | Confidence Petroleum India Ltd. | 8044 | 4907 |
|  | Container Corp. of India Ltd. | 40331 | 320649 |

---

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Coromandel International Ltd. | 17834 | $467267 |
|  | Cosmo First Ltd. | 2466 | 17149 |
|  | CreditAccess Grameen Ltd. | 8071 | 103102 |
|  \* | CSB Bank Ltd. | 13783 | 57761 |
|  | Cummins India Ltd. | 1676 | 57259 |
|  | Cyient Ltd. | 10301 | 144192 |
|  | Dalmia Bharat Ltd. | 13110 | 300174 |
|  | Dalmia Bharat Sugar & Industries Ltd. | 1619 | 7164 |
|  | DB Corp. Ltd. | 6805 | 19605 |
|  | DCB Bank Ltd. | 57328 | 91060 |
|  | DCM Shriram Ltd. | 5586 | 65890 |
|  \* | DCW Ltd. | 20413 | 19061 |
|  | Deepak Fertilisers & Petrochemicals Corp. Ltd. | 8075 | 122022 |
|  | Deepak Nitrite Ltd. | 2171 | 49672 |
|  \* | Delhivery Ltd. | 31045 | 112141 |
|  | Delta Corp. Ltd. | 17415 | 19052 |
|  \* | DEN Networks Ltd. | 17185 | 6614 |
|  \* | Dhani Services Ltd. | 45884 | 31210 |
|  | Dhanuka Agritech Ltd. | 1649 | 25362 |
|  | Digitide Solutions Ltd. | 11307 | 21429 |
|  W | Dilip Buildcon Ltd. | 2926 | 14649 |
|  \* | Dishman Carbogen Amcis Ltd. | 4884 | 11112 |
|  # | Dr. Reddy's Laboratories Ltd., ADR | 22806 | 317460 |
|  \* | Dwarikesh Sugar Industries Ltd. | 25289 | 11949 |
|  | eClerx Services Ltd. | 3096 | 91291 |
|  | Edelweiss Financial Services Ltd. | 91879 | 86040 |
|  \* | EID Parry India Ltd. | 13557 | 130843 |
|  | EIH Ltd. | 16018 | 70135 |
|  | Electrosteel Castings Ltd. | 67971 | 77959 |
|  \* | Embassy Developments Ltd. | 91110 | 105316 |
|  W | Endurance Technologies Ltd. | 4098 | 90953 |
|  | Engineers India Ltd. | 54368 | 114324 |
|  | Epigral Ltd. | 2451 | 50300 |
|  | EPL Ltd. | 16493 | 36969 |
|  W | Equitas Small Finance Bank Ltd. | 64024 | 50502 |
|  W | Eris Lifesciences Ltd. | 5181 | 88365 |
|  | Escorts Kubota Ltd. | 7272 | 278881 |
|  | Exide Industries Ltd. | 67801 | 278926 |
|  | FDC Ltd. | 8552 | 42604 |
|  | Federal Bank Ltd. | 298315 | 692612 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | FIEM Industries Ltd. | 2550 | $43228 |
|  \* | Fino Payments Bank Ltd. | 2776 | 8043 |
|  | Finolex Cables Ltd. | 10965 | 112278 |
|  | Finolex Industries Ltd. | 45245 | 93086 |
|  | Firstsource Solutions Ltd. | 40640 | 161908 |
|  | Force Motors Ltd. | 534 | 56343 |
|  | Fortis Healthcare Ltd. | 67232 | 540906 |
|  | Gabriel India Ltd. | 14644 | 93412 |
|  | GAIL India Ltd. (GAIL IN) | 138523 | 307954 |
|  | Galaxy Surfactants Ltd. | 1265 | 31139 |
|  | Ganesh Housing Corp. Ltd. | 2074 | 26654 |
|  | Ganesha Ecosphere Ltd. | 871 | 14918 |
|  | Garware Technical Fibres Ltd. | 6175 | 62562 |
|  | Gateway Distriparks Ltd. | 53007 | 37431 |
|  | GHCL Ltd. | 12047 | 82567 |
|  | GHCL Textiles Ltd. | 12047 | 11257 |
|  | GIC Housing Finance Ltd. | 4685 | 9711 |
|  W | Gland Pharma Ltd. | 1126 | 18655 |
|  | Glenmark Pharmaceuticals Ltd. | 25269 | 411614 |
|  | Godawari Power & Ispat Ltd. | 29870 | 63588 |
|  | Godfrey Phillips India Ltd. | 2269 | 218430 |
|  W | Godrej Agrovet Ltd. | 5663 | 51057 |
|  \* | Godrej Industries Ltd. | 12487 | 159861 |
|  | Goodyear India Ltd. | 858 | 9134 |
|  | Granules India Ltd. | 23190 | 124196 |
|  | Graphite India Ltd. | 13925 | 74999 |
|  | Grauer & Weil India Ltd. | 13172 | 13144 |
|  | Great Eastern Shipping Co. Ltd. | 17366 | 178900 |
|  | Greaves Cotton Ltd. | 10604 | 24611 |
|  | Greenlam Industries Ltd. | 2510 | 6121 |
|  | Greenpanel Industries Ltd. | 7462 | 20798 |
|  | Greenply Industries Ltd. | 3563 | 12215 |
|  | Gujarat Alkalies & Chemicals Ltd. | 4036 | 28947 |
|  | Gujarat Ambuja Exports Ltd. | 22550 | 31414 |

---

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Gujarat Fluorochemicals Ltd. | 3294 | $149576 |
|  | Gujarat Mineral Development Corp. Ltd. | 17056 | 61034 |
|  | Gujarat Narmada Valley Fertilizers & Chemicals Ltd. | 11508 | 66247 |
|  | Gujarat Pipavav Port Ltd. | 41924 | 66371 |
|  | Gujarat State Fertilizers & Chemicals Ltd. | 32270 | 70948 |
|  | Gujarat State Petronet Ltd. | 48339 | 182776 |
|  | Gulf Oil Lubricants India Ltd. | 1818 | 25581 |
|  \* | Hathway Cable & Datacom Ltd. | 78059 | 12423 |
|  | HBL Engineering Ltd. | 11243 | 63940 |
|  \* | HealthCare Global Enterprises Ltd. | 5478 | 36804 |
|  | HEG Ltd. | 13190 | 72463 |
|  | HeidelbergCement India Ltd. | 9938 | 22434 |
|  | Heritage Foods Ltd. | 14892 | 68967 |
|  | Hero MotoCorp Ltd. (HMCL IN) | 9901 | 449600 |
|  | HFCL Ltd. | 136955 | 127880 |
|  | HG Infra Engineering Ltd. | 2995 | 38089 |
|  | Hikal Ltd. | 4944 | 22652 |
|  | Himadri Speciality Chemical Ltd. | 40762 | 210143 |
|  | Himatsingka Seide Ltd. | 4826 | 7989 |
|  | Hinduja Global Solutions Ltd. | 1427 | 8262 |
|  W | Home First Finance Co. India Ltd. | 1568 | 23065 |
|  | Honda India Power Products Ltd. | 495 | 11966 |
|  | Huhtamaki India Ltd. | 3724 | 8419 |
|  W | ICICI Lombard General Insurance Co. Ltd. | 6129 | 136072 |
|  | ICRA Ltd. | 640 | 42102 |
|  \* | IDFC First Bank Ltd. | 828466 | 637734 |
|  | IIFL Capital Services Ltd. | 10171 | 26564 |
|  \* | IIFL Finance Ltd. | 37191 | 157473 |
|  \* | India Cements Ltd. | 13703 | 49960 |
|  | India Glycols Ltd. | 2660 | 43707 |
|  | Indian Bank | 44284 | 294408 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  W | Indian Railway Finance Corp. Ltd. | 152813 | $224023 |
|  | Indo Count Industries Ltd. | 9730 | 34708 |
|  \* | Indus Towers Ltd. | 97737 | 469046 |
|  | Infibeam Avenues Ltd. | 180857 | 36558 |
|  | Info Edge India Ltd. | 6575 | 549410 |
|  \* | Inox Wind Ltd. | 15852 | 31486 |
|  | Intellect Design Arena Ltd. | 9038 | 83979 |
|  | Ipca Laboratories Ltd. | 19348 | 317118 |
|  W | IRCON International Ltd. | 61167 | 109943 |
|  | ISGEC Heavy Engineering Ltd. | 2819 | 37417 |
|  | ITD Cementation India Ltd. | 21907 | 125388 |
|  | J Kumar Infraprojects Ltd. | 8134 | 63503 |
|  | Jagran Prakashan Ltd. | 20306 | 17399 |
|  | Jai Corp. Ltd. | 2814 | 2956 |
|  | Jammu & Kashmir Bank Ltd. | 59754 | 66956 |
|  | Jamna Auto Industries Ltd. | 26376 | 24976 |
|  | JB Chemicals & Pharmaceuticals Ltd. | 1201 | 22914 |
|  | Jindal Saw Ltd. | 73248 | 214655 |
|  | Jindal Stainless Ltd. | 67116 | 460977 |
|  | Jindal Steel & Power Ltd. | 48771 | 516341 |
|  | JK Cement Ltd. | 4807 | 290363 |
|  | JK Lakshmi Cement Ltd. | 9249 | 84087 |
|  | JK Paper Ltd. | 13452 | 49909 |
|  | JK Tyre & Industries Ltd. | 16774 | 61491 |
|  | JM Financial Ltd. | 85680 | 101817 |
|  | JSW Energy Ltd. | 49563 | 280657 |
|  | JTEKT India Ltd. | 11048 | 18555 |
|  | Jubilant Ingrevia Ltd. | 16322 | 125027 |
|  | Jubilant Pharmova Ltd. | 12752 | 133415 |
|  \* | Just Dial Ltd. | 2955 | 32437 |
|  | Jyothy Labs Ltd. | 16518 | 72699 |
|  | Kajaria Ceramics Ltd. | 1541 | 14602 |
|  | Kalpataru Projects International Ltd. | 11825 | 135213 |
|  | Kalyani Steels Ltd. | 5570 | 45826 |
|  | Kansai Nerolac Paints Ltd. | 25838 | 78358 |
|  | Karnataka Bank Ltd. | 66443 | 154159 |

---

671

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Karur Vysya Bank Ltd. | 70147 | $180787 |
|  | Kaveri Seed Co. Ltd. | 2474 | 41836 |
|  | KCP Ltd. | 12677 | 29818 |
|  | KDDL Ltd. | 114 | 3490 |
|  | KEC International Ltd. | 15776 | 130531 |
|  | KEI Industries Ltd. | 1069 | 38536 |
|  | Kennametal India Ltd. | 656 | 16034 |
|  \* | Kewal Kiran Clothing Ltd. | 1817 | 9597 |
|  | Kirloskar Brothers Ltd. | 5543 | 112138 |
|  | Kirloskar Ferrous Industries Ltd. | 6216 | 33820 |
|  | Kirloskar Oil Engines Ltd. | 10741 | 94686 |
|  | Kirloskar Pneumatic Co. Ltd. | 2651 | 35268 |
|  | KNR Constructions Ltd. | 19028 | 49022 |
|  | Kovai Medical Center & Hospital Ltd. | 977 | 64488 |
|  | KPR Mill Ltd. | 10562 | 124951 |
|  | KRBL Ltd. | 9467 | 34916 |
|  | Krsnaa Diagnostics Ltd. | 1854 | 16061 |
|  | KSB Ltd. | 6625 | 56925 |
|  | L&T Finance Ltd. | 125185 | 243267 |
|  | LA Opala RG Ltd. | 3233 | 8727 |
|  W | Laurus Labs Ltd. | 23973 | 170880 |
|  | Laxmi Organic Industries Ltd. | 6278 | 12934 |
|  | LG Balakrishnan & Bros Ltd. | 4876 | 68398 |
|  | LIC Housing Finance Ltd. | 52307 | 371448 |
|  | Linde India Ltd. | 621 | 46514 |
|  | LMW Ltd. | 473 | 90659 |
|  | LT Foods Ltd. | 25353 | 103638 |
|  | Lumax Auto Technologies Ltd. | 4144 | 25478 |
|  | Lumax Industries Ltd. | 360 | 10026 |
|  | Lupin Ltd. | 29069 | 721585 |
|  | LUX Industries Ltd. | 482 | 7813 |
|  | Maharashtra Scooters Ltd. | 720 | 97324 |
|  | Maharashtra Seamless Ltd. | 9160 | 70780 |
|  | Mahindra & Mahindra Financial Services Ltd. | 84045 | 260140 |
|  | Mahindra Lifespace Developers Ltd. | 12243 | 49615 |
|  W | Mahindra Logistics Ltd. | 4503 | 16146 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Maithan Alloys Ltd. | 646 | $7083 |
|  \* | Man Industries India Ltd. | 4449 | 14393 |
|  | Man Infraconstruction Ltd. | 20147 | 36388 |
|  | Manappuram Finance Ltd. | 86581 | 235933 |
|  | Marksans Pharma Ltd. | 51545 | 133006 |
|  W | MAS Financial Services Ltd. | 8817 | 27823 |
|  | Mastek Ltd. | 2382 | 59139 |
|  | Mayur Uniquoters Ltd. | 2174 | 11841 |
|  | Mazagon Dock Shipbuilders Ltd. | 4412 | 159302 |
|  \* | Medplus Health Services Ltd. | 3246 | 30246 |
|  \* | Meghmani Organics Ltd. | 26079 | 20967 |
|  | Minda Corp. Ltd. | 10408 | 59983 |
|  W | Mishra Dhatu Nigam Ltd. | 11441 | 41485 |
|  | MM Forgings Ltd. | 2438 | 9815 |
|  | MOIL Ltd. | 10893 | 40654 |
|  | Monte Carlo Fashions Ltd. | 1697 | 11466 |
|  \* | Morepen Laboratories Ltd. | 76735 | 54424 |
|  | Motilal Oswal Financial Services Ltd. | 26176 | 201935 |
|  | Mphasis Ltd. | 10099 | 293372 |
|  | MRF Ltd. | 327 | 519208 |
|  | Muthoot Finance Ltd. | 19462 | 499085 |
|  | Natco Pharma Ltd. | 13343 | 134194 |
|  | National Aluminium Co. Ltd. | 131702 | 243428 |
|  | Nava Ltd. | 24941 | 134274 |
|  | Navneet Education Ltd. | 13541 | 22822 |
|  | NCC Ltd. | 75278 | 188222 |
|  | NESCO Ltd. | 3096 | 34454 |
|  | Neuland Laboratories Ltd. | 1011 | 143037 |
|  | NIIT Learning Systems Ltd. | 11898 | 52442 |
|  | NIIT Ltd. | 11898 | 18157 |
|  | Nilkamal Ltd. | 1015 | 19254 |
|  W | Nippon Life India Asset Management Ltd. | 11787 | 88221 |
|  | NMDC Ltd. | 435198 | 333096 |
|  \* | NMDC Steel Ltd. | 99766 | 41514 |
|  | NOCIL Ltd. | 20106 | 41736 |
|  | NRB Bearings Ltd. | 5264 | 13524 |
|  | Nucleus Software Exports Ltd. | 803 | 8238 |

---

672

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Nuvama Wealth Management Ltd. | 1025 | $74391 |
|  | Oberoi Realty Ltd. | 18904 | 366083 |
|  \* | Odigma Consultancy Solutions Ltd. | 2032 | 876 |
|  | One 97 Communications Ltd. | 19589 | 198396 |
|  \* | Onesource Specialty Pharma Ltd. | 6857 | 131176 |
|  | Oracle Financial Services Software Ltd. | 1397 | 143844 |
|  | Orient Cement Ltd. | 21919 | 90409 |
|  | Oriental Hotels Ltd. | 9781 | 16429 |
|  | Paisalo Digital Ltd. | 74660 | 28426 |
|  | Panama Petrochem Ltd. | 4921 | 21309 |
|  | Patanjali Foods Ltd. | 11983 | 269330 |
|  \* | Patel Engineering Ltd. | 53331 | 27006 |
|  \* | PC Jeweller Ltd. | 554610 | 80270 |
|  | PCBL Chemical Ltd. | 19351 | 81892 |
|  \* | Pennar Industries Ltd. | 6497 | 14086 |
|  | Persistent Systems Ltd. | 776 | 48539 |
|  | Petronet LNG Ltd. | 133201 | 493815 |
|  | PG Electroplast Ltd. | 10950 | 109901 |
|  | Phoenix Mills Ltd. | 27594 | 535867 |
|  | PI Industries Ltd. | 6218 | 266803 |
|  | Piramal Enterprises Ltd. | 17803 | 202926 |
|  | Piramal Pharma Ltd. | 84165 | 210293 |
|  | PIX Transmissions Ltd. | 265 | 4543 |
|  \*W | PNB Housing Finance Ltd. | 16208 | 194350 |
|  | PNC Infratech Ltd. | 17023 | 53404 |
|  | Pokarna Ltd. | 1954 | 20869 |
|  | Polyplex Corp. Ltd. | 2859 | 41251 |
|  \* | Poonawalla Fincorp Ltd. | 32873 | 146212 |
|  | Power Finance Corp. Ltd. | 130741 | 630348 |
|  | Power Mech Projects Ltd. | 1572 | 49095 |
|  | Praj Industries Ltd. | 4375 | 23923 |
|  | Prakash Industries Ltd. | 12834 | 26084 |
|  W | Prataap Snacks Ltd. | 1973 | 28271 |
|  | Prestige Estates Projects Ltd. | 26383 | 426481 |
|  \* | Pricol Ltd. | 18565 | 96265 |
|  | Prince Pipes & Fittings Ltd. | 3540 | 10568 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  \* | Prism Johnson Ltd. | 45272 | $66053 |
|  | Privi Speciality Chemicals Ltd. | 741 | 17399 |
|  \* | PSP Projects Ltd. | 1063 | 7979 |
|  \* | PTC India Financial Services Ltd. | 31087 | 11731 |
|  | PTC India Ltd. | 49707 | 103833 |
|  \* | Puravankara Ltd. | 7743 | 21150 |
|  \* | PVR Inox Ltd. | 3678 | 40777 |
|  W | Quess Corp. Ltd. | 11307 | 43940 |
|  | Radico Khaitan Ltd. | 657 | 18966 |
|  | Rain Industries Ltd. | 35316 | 58763 |
|  | Rallis India Ltd. | 10770 | 30184 |
|  | Ramco Cements Ltd. | 16711 | 186283 |
|  | Ramco Industries Ltd. | 6510 | 17689 |
|  \* | Ramco Systems Ltd. | 2857 | 12629 |
|  | Ramkrishna Forgings Ltd. | 6538 | 45988 |
|  \* | Ramky Infrastructure Ltd. | 1161 | 6407 |
|  | Rane Holdings Ltd. | 1439 | 21818 |
|  | Rashtriya Chemicals & Fertilizers Ltd. | 22775 | 36694 |
|  | Ratnamani Metals & Tubes Ltd. | 1125 | 36020 |
|  \* | Raymond Lifestyle Ltd. | 4978 | 56586 |
|  | Raymond Ltd. | 6223 | 111941 |
|  W | RBL Bank Ltd. | 76650 | 180539 |
|  | REC Ltd. | 52473 | 260460 |
|  | Redington Ltd. | 100750 | 291953 |
|  | Redtape Ltd. | 12120 | 18899 |
|  \* | Reliance Power Ltd. | 456424 | 215547 |
|  \* | Religare Enterprises Ltd. | 12051 | 30040 |
|  | Repco Home Finance Ltd. | 8101 | 38326 |
|  | Responsive Industries Ltd. | 4608 | 9722 |
|  | RITES Ltd. | 14980 | 39890 |
|  | Rossari Biotech Ltd. | 1951 | 15120 |
|  | Route Mobile Ltd. | 4221 | 47539 |
|  | Sagar Cements Ltd. | 4388 | 10940 |
|  | Saksoft Ltd. | 283 | 511 |
|  | Sammaan Capital Ltd. | 46774 | 66939 |
|  | Samvardhana Motherson International Ltd. | 372045 | 585640 |
|  | Sandhar Technologies Ltd. | 1690 | 7379 |
|  | Sanghvi Movers Ltd. | 4064 | 12724 |
|  W | Sansera Engineering Ltd. | 2696 | 34286 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Sarda Energy & Minerals Ltd. | 14770 | $79265 |
|  | Saregama India Ltd. | 6906 | 42725 |
|  | Sasken Technologies Ltd. | 747 | 13417 |
|  \* | Satin Creditcare Network Ltd. | 4026 | 7831 |
|  | Savita Oil Technologies Ltd. | 2310 | 10129 |
|  | SBI Cards & Payment Services Ltd. | 14607 | 150352 |
|  | Schaeffler India Ltd. | 1175 | 48103 |
|  \* | SEPC Ltd. | 55686 | 9254 |
|  | Seshasayee Paper & Boards Ltd. | 5576 | 17839 |
|  W | SH Kelkar & Co. Ltd. | 5846 | 13744 |
|  | Shakti Pumps India Ltd. | 5610 | 55872 |
|  | Sharda Cropchem Ltd. | 3090 | 19984 |
|  | Sharda Motor Industries Ltd. | 713 | 14404 |
|  | Share India Securities Ltd. | 5065 | 8865 |
|  \* | Shilpa Medicare Ltd. | 6393 | 48745 |
|  | Shipping Corp. of India Land & Assets Ltd. | 25479 | 14357 |
|  | Shipping Corp. of India Ltd. | 25479 | 53391 |
|  | Shree Cement Ltd. | 243 | 85516 |
|  | Shriram Finance Ltd. | 217670 | 1570429 |
|  | Shriram Pistons & Rings Ltd. | 441 | 9404 |
|  \* | SIS Ltd. | 5637 | 22522 |
|  | Siyaram Silk Mills Ltd. | 3403 | 26608 |
|  | SJS Enterprises Ltd. | 2570 | 28245 |
|  | Sobha Ltd. | 8336 | 130734 |
|  | Solar Industries India Ltd. | 390 | 60641 |
|  | Somany Ceramics Ltd. | 2041 | 10177 |
|  | South Indian Bank Ltd. | 528161 | 160545 |
|  \* | Spandana Sphoorty Financial Ltd. | 3573 | 11603 |
|  | SRF Ltd. | 4083 | 145078 |
|  \* | Star Cement Ltd. | 15455 | 40127 |
|  \* | Star Health & Allied Insurance Co. Ltd. | 15235 | 70392 |
|  | Steel Authority of India Ltd. | 206149 | 276274 |
|  \* | Sterlite Technologies Ltd. | 22270 | 16247 |
|  | STL Networks Ltd. | 22270 | 6817 |
|  | Strides Pharma Science Ltd. | 13715 | 104356 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  \* | Stylam Industries Ltd. | 577 | $10736 |
|  | Styrenix Performance Materials Ltd. | 507 | 16421 |
|  | Subros Ltd. | 4472 | 31777 |
|  | Sudarshan Chemical Industries Ltd. | 3908 | 47042 |
|  | Sun TV Network Ltd. | 15404 | 112886 |
|  | Sundaram Finance Ltd. | 9828 | 608912 |
|  | Sundaram-Clayton Ltd. | 161 | 3773 |
|  | Sundram Fasteners Ltd. | 5443 | 58966 |
|  \* | Sunflag Iron & Steel Co. Ltd. | 4493 | 12392 |
|  | Sunteck Realty Ltd. | 7768 | 36853 |
|  | Suprajit Engineering Ltd. | 9611 | 43663 |
|  | Supreme Petrochem Ltd. | 8621 | 66587 |
|  | Surya Roshni Ltd. | 14724 | 44593 |
|  | Tamil Nadu Newsprint & Papers Ltd. | 11562 | 18049 |
|  | Tamilnad Mercantile Bank Ltd. | 5813 | 30145 |
|  \* | TARC Ltd. | 9361 | 17115 |
|  | Tata Chemicals Ltd. | 25676 | 253511 |
|  | Tata Consumer Products Ltd. | 87288 | 1198446 |
|  | Tata Steel Ltd. | 34173 | 56670 |
|  | TD Power Systems Ltd. | 6975 | 35332 |
|  \* | TeamLease Services Ltd. | 1113 | 24758 |
|  | Techno Electric & Engineering Co. Ltd. | 10979 | 137763 |
|  | Texmaco Rail & Engineering Ltd. | 50683 | 80904 |
|  | Thirumalai Chemicals Ltd. | 15759 | 46091 |
|  | Thomas Cook India Ltd. | 26493 | 42084 |
|  | Time Technoplast Ltd. | 25514 | 101292 |
|  | Titagarh Rail System Ltd. | 8467 | 74645 |
|  | Tourism Finance Corp. of India Ltd. | 8527 | 19998 |
|  | TransIndia Real Estate Ltd. | 7469 | 2973 |
|  | Transport Corp. of India Ltd. | 4427 | 54396 |
|  | Trident Ltd. | 167972 | 53129 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Triveni Engineering & Industries Ltd. | 10691 | $51707 |
|  | TTK Prestige Ltd. | 5007 | 35955 |
|  | TVS Srichakra Ltd. | 777 | 26219 |
|  | Uflex Ltd. | 6902 | 45178 |
|  \* | Ugro Capital Ltd. | 11318 | 23351 |
|  W | Ujjivan Small Finance Bank Ltd. | 84580 | 42526 |
|  \* | Unichem Laboratories Ltd. | 3734 | 26574 |
|  | Union Bank of India Ltd. | 178021 | 264138 |
|  \* | UPL Ltd. | 88851 | 679823 |
|  | Usha Martin Ltd. | 30875 | 106013 |
|  | UTI Asset Management Co. Ltd. | 6565 | 78761 |
|  \* | VA Tech Wabag Ltd. | 5913 | 90320 |
|  | Vaibhav Global Ltd. | 6445 | 16587 |
|  \* | Valor Estate Ltd. | 14432 | 29774 |
|  | Vardhman Textiles Ltd. | 16925 | 90378 |
|  \*W | Varroc Engineering Ltd. | 5366 | 27410 |
|  | Vedanta Ltd. | 91948 | 454392 |
|  | Veedol Corporation Ltd. | 415 | 7207 |
|  | Venky's India Ltd. | 752 | 14992 |
|  | Vesuvius India Ltd. | 1292 | 71027 |
|  | Vindhya Telelinks Ltd. | 1897 | 29882 |
|  \* | VL E-Governance & IT Solutions Ltd. | 8458 | 4808 |
|  \* | Vodafone Idea Ltd. | 1094486 | 92185 |
|  | Voltamp Transformers Ltd. | 664 | 57373 |
|  | Voltas Ltd. | 20377 | 297768 |
|  | VRL Logistics Ltd. | 2989 | 16082 |
|  | VST Industries Ltd. | 7876 | 27015 |
|  | VST Tillers Tractors Ltd. | 516 | 21575 |
|  | Welspun Corp. Ltd. | 18515 | 167582 |
|  | Welspun Enterprises Ltd. | 13957 | 78188 |
|  | Welspun Living Ltd. | 45005 | 67175 |
|  | West Coast Paper Mills Ltd. | 7697 | 40637 |
|  | Whirlpool of India Ltd. | 3307 | 48923 |
|  \* | Wockhardt Ltd. | 8985 | 138112 |
|  | Wonderla Holidays Ltd. | 2231 | 17795 |
|  \* | Yes Bank Ltd. | 1907569 | 400154 |
|  | Zee Entertainment Enterprises Ltd. | 40324 | 50463 |
|  | Zensar Technologies Ltd. | 17247 | 147282 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Zydus Lifesciences Ltd. | 29418 | $308726 |
|  | Zydus Wellness Ltd. | 2377 | 49497 |
|  TOTAL INDIA | TOTAL INDIA | TOTAL INDIA | 55266207 |
|  INDONESIA — (1.7%) | INDONESIA — (1.7%) |  |  |
|  | ABM Investama Tbk. PT | 133400 | 26696 |
|  | Alamtri Resources Indonesia Tbk. PT | 2196000 | 251552 |
|  | Aneka Tambang Tbk. PT | 1617300 | 211390 |
|  | Aspirasi Hidup Indonesia Tbk. PT | 1819000 | 58564 |
|  | Astra Agro Lestari Tbk. PT | 86500 | 30991 |
|  | Astra Otoparts Tbk. PT | 103700 | 13620 |
|  | Bank BTPN Syariah Tbk. PT | 780100 | 55695 |
|  \* | Bank Mayapada International Tbk. PT | 1424184 | 16882 |
|  | Bank Maybank Indonesia Tbk. PT | 1350600 | 16741 |
|  \* | Bank Neo Commerce Tbk. PT | 1758600 | 27560 |
|  | Bank OCBC Nisp Tbk. PT | 547400 | 43026 |
|  \* | Bank Pan Indonesia Tbk. PT | 629400 | 60990 |
|  | Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk. PT | 360449 | 18791 |
|  \* | Bank Pembangunan Daerah Jawa Timur Tbk. PT | 719200 | 22522 |
|  | Bank Tabungan Negara Persero Tbk. PT | 716765 | 45563 |
|  | BFI Finance Indonesia Tbk. PT | 1306700 | 69046 |
|  | BISI International Tbk. PT | 273900 | 16674 |
|  \* | Buana Lintas Lautan Tbk. PT | 3151400 | 22214 |
|  \* | Bukalapak.com Tbk. PT | 9713200 | 84977 |
|  | Bukit Asam Tbk. PT | 655800 | 109059 |
|  | Buma Internasional Grup Tbk. PT | 1421800 | 34462 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  \* | Bumi Resources Minerals Tbk. PT | 5837800 | $134598 |
|  \* | Bumi Serpong Damai Tbk. PT | 853100 | 44451 |
|  | Ciputra Development Tbk. PT | 2036800 | 112907 |
|  | Dayamitra Telekomunikasi PT | 3193800 | 119207 |
|  | Dharma Satya Nusantara Tbk. PT | 248300 | 11447 |
|  | Elang Mahkota Teknologi Tbk. PT | 2005600 | 64786 |
|  | Elnusa Tbk. PT | 809300 | 22530 |
|  \* | Energi Mega Persada Tbk. PT | 2098800 | 24415 |
|  | Erajaya Swasembada Tbk. PT | 1727000 | 48405 |
|  | ESSA Industries Indonesia Tbk. PT | 288400 | 10512 |
|  | Gajah Tunggal Tbk. PT | 227100 | 15057 |
|  \* | Gudang Garam Tbk. PT | 106200 | 64102 |
|  | Indah Kiat Pulp & Paper Tbk. PT | 354700 | 110130 |
|  | Indika Energy Tbk. PT | 295500 | 25742 |
|  | Indo Tambangraya Megah Tbk. PT | 71600 | 94914 |
|  | Indocement Tunggal Prakarsa Tbk. PT | 247400 | 79749 |
|  | Indofood Sukses Makmur Tbk. PT | 732100 | 353145 |
|  | Japfa Comfeed Indonesia Tbk. PT | 971600 | 106598 |
|  \* | Kawasan Industri Jababeka Tbk. PT | 3322300 | 34639 |
|  \* | Lippo Karawaci Tbk. PT | 5481400 | 30414 |
|  | Medco Energi Internasional Tbk. PT | 1673840 | 105894 |
|  \* | Media Nusantara Citra Tbk. PT | 1220400 | 19290 |
|  \* | Merdeka Battery Materials Tbk. PT | 3971000 | 74340 |
|  | Mitra Pinasthika Mustika Tbk. PT | 335600 | 20858 |
|  \* | MNC Land Tbk. PT | 12263200 | 91643 |
|  | Pabrik Kertas Tjiwi Kimia Tbk. PT | 290400 | 89704 |
|  | Pakuwon Jati Tbk. PT | 3179100 | 73074 |
|  \* | Panin Financial Tbk. PT | 2425400 | 56438 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  | Perusahaan Perkebunan London Sumatra Indonesia Tbk. PT | 585500 | $41264 |
|  \* | Puradelta Lestari Tbk. PT | 2071600 | 21697 |
|  \*†† | Rimo International Lestari Tbk. PT | 3228000 | 0 |
|  | Salim Ivomas Pratama Tbk. PT | 780700 | 19372 |
|  | Sampoerna Agro Tbk. PT | 77700 | 10905 |
|  | Samudera Indonesia Tbk. PT | 1589000 | 24328 |
|  | Sarana Menara Nusantara Tbk. PT | 2067400 | 70956 |
|  | Semen Indonesia Persero Tbk. PT | 580342 | 91472 |
|  | Siloam International Hospitals Tbk. PT | 41300 | 6466 |
|  \*†† | Sri Rejeki Isman Tbk. PT | 1753600 | 2892 |
|  | Summarecon Agung Tbk. PT | 2022600 | 52572 |
|  | Surya Citra Media Tbk. PT | 3616900 | 44500 |
|  | Surya Semesta Internusa Tbk. PT | 1042000 | 53010 |
|  | Tempo Scan Pacific Tbk. PT | 82400 | 13108 |
|  \* | Timah Tbk. PT | 493000 | 35330 |
|  \*†† | Trada Alam Minera Tbk. PT | 2672100 | 0 |
|  \* | Trias Sentosa Tbk. PT | 176400 | 5258 |
|  | Trimegah Bangun Persada Tbk. PT | 1230800 | 51854 |
|  | Triputra Agro Persada PT | 966300 | 56789 |
|  | Tunas Baru Lampung Tbk. PT | 536000 | 22285 |
|  | United Tractors Tbk. PT | 227400 | 310769 |
|  \* | Vale Indonesia Tbk. PT | 418140 | 62689 |
|  \*†† | Waskita Karya Persero Tbk. PT | 1125300 | 2568 |
|  | XLSMART Telecom Sejahtera Tbk. PT | 852013 | 110307 |
|  TOTAL INDONESIA | TOTAL INDONESIA | TOTAL INDONESIA | 4386395 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  KUWAIT — (0.8%) | KUWAIT — (0.8%) |  |  |
|  | A'ayan Leasing & Investment Co. KSCP | 143965 | $76161 |
|  | Agility Public Warehousing Co. KSC | 216529 | 185961 |
|  | Al Ahli Bank of Kuwait KSCP | 160180 | 158705 |
|  \* | Alimtiaz Investment Group KSC | 341571 | 33448 |
|  | Arzan Financial Group for Financing & Investment KPSC | 58092 | 55788 |
|  \* | Asiya Capital Investments Co. KSCP | 97686 | 11343 |
|  | Boubyan Petrochemicals Co. KSCP | 58356 | 132308 |
|  | Burgan Bank SAK | 194827 | 143317 |
|  | Commercial Facilities Co. SAKP | 27850 | 24971 |
|  | Gulf Bank KSCP | 342702 | 376129 |
|  | Gulf Cables & Electrical Industries Group Co. KSCP | 388 | 2858 |
|  \* | Kuwait Cement Co. KSC | 50992 | 40648 |
|  | Kuwait Financial Centre SAK | 32308 | 14796 |
|  | Kuwait Insurance Co. SAK | 15388 | 27138 |
|  | Kuwait International Bank KSCP | 158516 | 117173 |
|  | Kuwait Investment Co. SAK | 38322 | 21548 |
|  | National Industries Group Holding SAK | 313481 | 254956 |
|  | National Investments Co. KSCP | 92515 | 74711 |
|  \* | Warba Bank KSCP | 430422 | 312079 |
|  TOTAL KUWAIT | TOTAL KUWAIT | TOTAL KUWAIT | 2064038 |
|  MALAYSIA — (1.8%) | MALAYSIA — (1.8%) |  |  |
|  # | Able Global Bhd | 30900 | 10887 |
|  | Aeon Co. M Bhd | 96000 | 32632 |
|  # | AEON Credit Service M Bhd | 23400 | 32324 |
|  # | AFFIN Bank Bhd | 125276 | 76867 |
|  | Ajinomoto Malaysia Bhd | 4200 | 13905 |
|  | Alliance Bank Malaysia Bhd | 147400 | 149561 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |  |
|  | Allianz Malaysia Bhd | 10500 | $44876 |
|  | AME Elite Consortium Bhd | 28400 | 10531 |
|  | AMMB Holdings Bhd. (AMM MK) | 99400 | 118924 |
|  | Ancom Nylex Bhd | 60528 | 13608 |
|  # | Bank Islam Malaysia Bhd | 127300 | 72325 |
|  | Batu Kawan Bhd | 16200 | 71059 |
|  \* | Berjaya Corp. Bhd | 493544 | 33722 |
|  \* | Berjaya Land Bhd | 124900 | 8400 |
|  \* | Bumi Armada Bhd | 507900 | 57718 |
|  | Cahya Mata Sarawak Bhd | 118100 | 25781 |
|  | Chin Teck Plantations Bhd | 5500 | 10261 |
|  | Dayang Enterprise Holdings Bhd | 106300 | 42437 |
|  | Dialog Group Bhd | 303300 | 102703 |
|  # | Duopharma Biotech Bhd | 117952 | 33054 |
|  # | Eastern & Oriental Bhd | 114400 | 20940 |
|  | Eco World Development Group Bhd | 136900 | 59697 |
|  #\* | Ekovest Bhd | 383500 | 27564 |
|  | FAR East Holdings Bhd | 1400 | 1187 |
|  # | Formosa Prosonic Industries Bhd | 21800 | 11371 |
|  | Gamuda Bhd | 579362 | 570827 |
|  # | Genting Bhd | 280500 | 208241 |
|  # | Genting Malaysia Bhd | 341400 | 135779 |
|  | Genting Plantations Bhd | 28400 | 31814 |
|  | HAP Seng Consolidated Bhd | 68800 | 44064 |
|  | Hap Seng Plantations Holdings Bhd | 27100 | 12129 |
|  # | Hartalega Holdings Bhd | 93600 | 48403 |
|  | Hiap Teck Venture Bhd | 218100 | 14158 |
|  | Hibiscus Petroleum Bhd | 80759 | 29031 |
|  | Hong Leong Industries Bhd | 10000 | 31457 |
|  | IGB Bhd | 61123 | 38537 |
|  | IJM Corp. Bhd | 291100 | 153324 |
|  | IOI Properties Group Bhd | 252700 | 107279 |
|  # | Jaya Tiasa Holdings Bhd | 113300 | 28891 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |  |
|  # | Keck Seng Malaysia Bhd | 19600 | $24142 |
|  | Kenanga Investment Bank Bhd | 89400 | 18730 |
|  | Kerjaya Prospek Group Bhd | 39200 | 18101 |
|  | Kim Loong Resources Bhd | 29200 | 15020 |
|  # | Kossan Rubber Industries Bhd | 103800 | 44079 |
|  | Kretam Holdings Bhd | 133900 | 15494 |
|  #\* | KSL Holdings Bhd | 54000 | 19485 |
|  | LBS Bina Group Bhd | 99500 | 11528 |
|  # | Leong Hup International Bhd | 128600 | 18626 |
|  | LPI Capital Bhd | 4100 | 13628 |
|  | Magni-Tech Industries Bhd | 19900 | 9794 |
|  | Magnum Bhd | 111814 | 32278 |
|  | Mah Sing Group Bhd | 277700 | 75252 |
|  | Malayan Cement Bhd | 31300 | 36273 |
|  # | Malayan Flour Mills Bhd | 227800 | 26639 |
|  | Malaysia Smelting Corp. Bhd | 17900 | 10299 |
|  | Malaysian Pacific Industries Bhd | 3900 | 16961 |
|  | Malaysian Resources Corp. Bhd | 291800 | 31168 |
|  | Matrix Concepts Holdings Bhd | 177975 | 58664 |
|  # | MBM Resources Bhd | 38200 | 50491 |
|  # | MBSB Bhd | 368973 | 61200 |
|  # | Mega First Corp. Bhd | 74000 | 68017 |
|  | Mi Technovation Bhd | 70500 | 30456 |
|  | MKH Bhd | 39000 | 9237 |
|  | MNRB Holdings Bhd | 50800 | 23932 |
|  \* | Muhibbah Engineering M Bhd | 69100 | 9807 |
|  | OCK Group Bhd | 106700 | 10519 |
|  | Oriental Holdings Bhd | 46900 | 75933 |
|  # | OSK Holdings Bhd | 194800 | 76864 |
|  | Panasonic Manufacturing Malaysia Bhd | 2000 | 6260 |
|  | Pantech Group Holdings Bhd | 62800 | 10631 |
|  # | Perak Transit Bhd | 99100 | 16426 |
|  | Petron Malaysia Refining & Marketing Bhd | 16400 | 12497 |
|  | RCE Capital Bhd | 98200 | 29876 |
|  # | Sarawak Oil Palms Bhd | 41700 | 29223 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |  |
|  | Scientex Bhd | 87100 | $70628 |
|  | Sime Darby Bhd | 306700 | 147807 |
|  | Sime Darby Property Bhd | 436300 | 125314 |
|  | SKP Resources Bhd | 103400 | 21347 |
|  | SP Setia Bhd. Group | 311299 | 79280 |
|  | Sunway Bhd | 27723 | 29223 |
|  \* | Supermax Corp. Bhd | 208900 | 38553 |
|  # | Syarikat Takaful Malaysia Keluarga Bhd | 26900 | 22220 |
|  # | Ta Ann Holdings Bhd | 59700 | 55113 |
|  | Thong Guan Industries Bhd | 28400 | 7594 |
|  \* | Top Glove Corp. Bhd | 510100 | 103979 |
|  #\* | Tropicana Corp. Bhd | 104013 | 28518 |
|  | TSH Resources Bhd | 116400 | 29425 |
|  | UEM Sunrise Bhd | 241800 | 40331 |
|  # | Unisem M Bhd | 62700 | 28818 |
|  | United Malacca Bhd | 28200 | 33000 |
|  | United Plantations Bhd | 8550 | 45390 |
|  | UOA Development Bhd | 31400 | 12247 |
|  | Velesto Energy Bhd | 502700 | 18069 |
|  | VS Industry Bhd | 394900 | 71977 |
|  #\* | WCT Holdings Bhd | 129750 | 19916 |
|  | Yinson Holdings Bhd | 189813 | 82270 |
|  TOTAL MALAYSIA | TOTAL MALAYSIA | TOTAL MALAYSIA | 4664817 |
|  MEXICO — (2.1%) | MEXICO — (2.1%) |  |  |
|  | Alpek SAB de CV | 53833 | 27231 |
|  \* | Axtel SAB de CV | 75248 | 7713 |
|  W | Banco del Bajio SA | 108947 | 261444 |
|  # | Becle SAB de CV | 19488 | 22528 |
|  | Cemex SAB de CV (CEMEXCPO MM) | 549733 | 340035 |
|  | Cemex SAB de CV (CX US), Sponsored ADR | 156566 | 966012 |
|  \* | Cia Minera Autlan SAB de CV | 18660 | 5443 |
|  \* | Consorcio ARA SAB de CV | 33807 | 5792 |
|  \* | Controladora Vuela Cia de Aviacion SAB de CV (VOLARA MM), Class A | 78725 | 29386 |
|  | Corp. Actinver SAB de CV | 41815 | 39447 |
|  | Corporativo Fragua SAB de CV | 7268 | 185287 |
|  | Cydsa SAB de CV | 45021 | 43619 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MEXICO — (Continued) | MEXICO — (Continued) |  |  |
|  | El Puerto de Liverpool SAB de CV, Class C1 | 30621 | $141015 |
|  | GCC SAB de CV | 20343 | 170935 |
|  | Genomma Lab Internacional SAB de CV, Class B | 98024 | 114567 |
|  | Gentera SAB de CV | 160560 | 279929 |
|  | Grupo Comercial Chedraui SA de CV | 50454 | 325923 |
|  | Grupo Herdez SAB de CV | 11507 | 32801 |
|  \* | Grupo Hotelero Santa Fe SAB de CV | 50240 | 9633 |
|  | Grupo Industrial Saltillo SAB de CV | 47197 | 43321 |
|  # | Grupo Televisa SAB (TLEVICPO MM) | 289872 | 105540 |
|  #\*W | Grupo Traxion SAB de CV | 39637 | 33289 |
|  \* | Industrias CH SAB de CV | 11679 | 104816 |
|  \* | Industrias Penoles SAB de CV | 20609 | 413000 |
|  | KUO SAB de CV | 21555 | 46714 |
|  # | La Comer SAB de CV | 34632 | 64830 |
|  | Medica Sur SAB de CV | 20670 | 37197 |
|  | Megacable Holdings SAB de CV | 98904 | 240571 |
|  \*W | Nemak SAB de CV | 287386 | 41912 |
|  #\* | Ollamani SAB | 16167 | 38813 |
|  | Operadora De Sites Mexicanos SAB de CV, Class A-1 | 20675 | 17069 |
|  | Orbia Advance Corp. SAB de CV | 105836 | 71455 |
|  | Organizacion Cultiba SAB de CV | 46456 | 26532 |
|  \* | Organizacion Soriana SAB de CV, Class B | 37912 | 50264 |
|  \* | Promotora de Hoteles Norte 19 SAB De CV | 47518 | 11437 |
|  | Promotora y Operadora de Infraestructura SAB de CV (PINFRA MM) | 22314 | 249681 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MEXICO — (Continued) | MEXICO — (Continued) |  |  |
|  | Promotora y Operadora de Infraestructura SAB de CV (PINFRAL MM), Class L | 2980 | $26137 |
|  | Qualitas Controladora SAB de CV | 12657 | 140024 |
|  | Regional SAB de CV | 29098 | 204616 |
|  \* | Vista Energy SAB de CV (VIST US), ADR | 9340 | 421888 |
|  TOTAL MEXICO | TOTAL MEXICO | TOTAL MEXICO | 5397846 |
|  PHILIPPINES — (0.6%) | PHILIPPINES — (0.6%) |  |  |
|  \* | 8990 Holdings, Inc. | 110000 | 17276 |
|  | Alliance Global Group, Inc. | 409300 | 44906 |
|  | Asia United Bank Corp. | 12165 | 14817 |
|  | Belle Corp. | 525000 | 13612 |
|  | Bloomberry Resorts Corp. | 371000 | 22662 |
|  | China Banking Corp. | 123600 | 201361 |
|  | Converge Information & Communications Technology Solutions, Inc. | 148700 | 50803 |
|  | Cosco Capital, Inc. | 281900 | 29788 |
|  | DMCI Holdings, Inc. | 395300 | 75060 |
|  | DoubleDragon Corp. | 73400 | 12807 |
|  | First Philippine Holdings Corp. | 31550 | 33031 |
|  | GT Capital Holdings, Inc. | 12099 | 106028 |
|  | JG Summit Holdings, Inc. | 258500 | 78549 |
|  | LT Group, Inc. | 268800 | 57206 |
|  | Megaworld Corp. | 1618000 | 51649 |
|  | Metropolitan Bank & Trust Co. | 156380 | 215438 |
|  | Nickel Asia Corp. | 497000 | 22658 |
|  | Philcomsat Holdings Corp. | 9064 | 17358 |
|  | Philex Mining Corp. | 326000 | 38990 |
|  | Philippine National Bank | 50900 | 43756 |
|  | Puregold Price Club, Inc. | 121000 | 69173 |
|  | RFM Corp. | 109000 | 8129 |
|  | Rizal Commercial Banking Corp. | 113800 | 53282 |
|  | Robinsons Retail Holdings, Inc. | 34900 | 24483 |
|  | San Miguel Corp. | 36530 | 51344 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |  |  |
|  | Security Bank Corp. | 44520 | $52973 |
|  | Union Bank of the Philippines | 72102 | 41694 |
|  | Universal Robina Corp. | 82880 | 122777 |
|  | Wilcon Depot, Inc. | 76800 | 9379 |
|  TOTAL PHILIPPINES | TOTAL PHILIPPINES | TOTAL PHILIPPINES | 1580989 |
|  POLAND — (1.5%) | POLAND — (1.5%) |  |  |
|  | AB SA | 2333 | 62963 |
|  \* | Agora SA | 8438 | 22122 |
|  | Alior Bank SA | 18231 | 494021 |
|  | Apator SA | 2181 | 10701 |
|  | Arctic Paper SA | 5110 | 20732 |
|  | ASBISc Enterprises PLC | 7050 | 48692 |
|  | Asseco Poland SA | 9413 | 388686 |
|  | Auto Partner SA | 10696 | 56367 |
|  | Bank Handlowy w Warszawie SA | 6390 | 199300 |
|  \* | Bank Millennium SA | 62100 | 240227 |
|  \* | Bank Ochrony Srodowiska SA | 9478 | 28038 |
|  | BNPP Bank Polska SA | 2464 | 68955 |
|  | Boryszew SA | 19241 | 31078 |
|  #\* | Cognor Holding SA | 35478 | 69622 |
|  #\* | Cyfrowy Polsat SA | 32499 | 159387 |
|  | Develia SA | 71240 | 141177 |
|  \* | Echo Investment SA | 23480 | 28723 |
|  \* | Enea SA | 51632 | 195408 |
|  \* | Fabryki Mebli Forte SA | 1537 | 10641 |
|  \* | Grupa Azoty SA | 9834 | 53960 |
|  | Inter Cars SA | 1305 | 197114 |
|  #\* | Jastrzebska Spolka Weglowa SA | 12092 | 77450 |
|  | KRUK SA | 2756 | 292365 |
|  \* | Lubawa SA | 10808 | 28529 |
|  | Lubelski Wegiel Bogdanka SA | 3931 | 22673 |
|  \* | mBank SA | 1052 | 229214 |
|  | Mirbud SA | 7385 | 27708 |
|  | Newag SA | 2123 | 37219 |
|  \* | PGE Polska Grupa Energetyczna SA | 136110 | 297280 |
|  \* | PKP Cargo SA | 7482 | 31553 |
|  | Stalexport Autostrady SA | 16406 | 13014 |
|  \* | Tauron Polska Energia SA | 202440 | 317715 |
|  | Torpol SA | 1241 | 13021 |
|  | VRG SA | 42918 | 42085 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  POLAND — (Continued) | POLAND — (Continued) |  |  |
|  | Warsaw Stock Exchange | 2575 | $32698 |
|  TOTAL POLAND | TOTAL POLAND | TOTAL POLAND | 3990438 |
|  QATAR — (0.8%) | QATAR — (0.8%) |  |  |
|  | Aamal Co. | 288708 | 65845 |
|  | Al Khaleej Takaful Group QSC | 22072 | 14497 |
|  | Alijarah Holding Co. QPSC | 68698 | 13691 |
|  | Baladna | 72572 | 24173 |
|  | Barwa Real Estate Co. | 365206 | 281038 |
|  | Commercial Bank PSQC | 207951 | 245856 |
|  | Doha Bank QPSC | 477581 | 309704 |
|  | Doha Insurance Co. QSC | 40320 | 27384 |
|  | Gulf International Services QSC | 135943 | 115138 |
|  | Gulf Warehousing Co. | 69588 | 56306 |
|  | Lesha Bank LLC | 124754 | 47455 |
|  \* | Mazaya Real Estate Development QPSC | 177975 | 29311 |
|  | Mesaieed Petrochemical Holding Co. | 396207 | 153401 |
|  | Qatar Industrial Manufacturing Co. QSC | 41774 | 28888 |
|  | Qatar Insurance Co. SAQ | 13462 | 7197 |
|  | Qatar National Cement Co. QSC | 76424 | 72010 |
|  | Qatar Navigation QSC | 159233 | 485033 |
|  | Salam International Investment Ltd. QSC | 139423 | 25289 |
|  | United Development Co. QSC | 355663 | 100828 |
|  TOTAL QATAR | TOTAL QATAR | TOTAL QATAR | 2103044 |
|  RUSSIA — (0.0%) | RUSSIA — (0.0%) |  |  |
|  \*†† | Lenta International Co. PJSC, GDR | 4734 | 0 |
|  \*†† | Magnitogorsk Iron & Steel Works PJSC (MMK LI), GDR | 15429 | 0 |
|  \*†† | Magnitogorsk Iron & Steel Works PJSC (MMK LI), Sponsored GDR | 1076 | 0 |

---

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  RUSSIA — (Continued) | RUSSIA — (Continued) |  |  |
|  \*†† | RusHydro PJSC (RSHYY US), ADR | 93802 | $0 |
|  \*†† | VTB Bank PJSC (VTBR LI), GDR | 138363 | 0 |
|  SAUDI ARABIA — (3.6%) | SAUDI ARABIA — (3.6%) |  |  |
|  | Ades Holding Co. | 16682 | 67347 |
|  \* | Advanced Petrochemical Co. | 22702 | 182286 |
|  | Al Babtain Power & Telecommunication Co. | 10425 | 131941 |
|  | Al Hammadi Holding | 11524 | 123287 |
|  \* | Al Hassan Ghazi Ibrahim Shaker Co. | 6437 | 52905 |
|  | Al Jouf Agricultural Development Co. | 2562 | 32414 |
|  \* | Al Jouf Cement Co. | 4641 | 12220 |
|  \* | Al Khaleej Training & Education Co. | 4677 | 34858 |
|  | Al Yamamah Steel Industries Co. | 2366 | 21999 |
|  | Alaseel Co. | 33740 | 36211 |
|  | Al-Etihad Cooperative Insurance Co. | 3441 | 13931 |
|  | AlJazira Takaful Ta'awuni Co. | 5611 | 20983 |
|  \* | Allianz Saudi Fransi Cooperative Insurance Co. | 12649 | 58007 |
|  | Almarai Co. JSC | 6725 | 94729 |
|  \* | Alujain Corp. | 6757 | 67782 |
|  | Arab National Bank | 13197 | 75697 |
|  | Arabian Cement Co. | 9734 | 65966 |
|  | Arabian Drilling Co. | 4651 | 107189 |
|  \* | Arabian Shield Cooperative Insurance Co. | 7822 | 36840 |
|  | Arriyadh Development Co. | 17211 | 157449 |
|  \* | ARTEX Industrial Investment Co. | 7870 | 28011 |
|  \* | Bank Al-Jazira | 113053 | 407509 |
|  | Banque Saudi Fransi | 30268 | 148263 |
|  | Bawan Co. | 4876 | 71707 |
|  \* | Chubb Arabia Cooperative Insurance Co. | 178 | 1995 |
|  | City Cement Co. | 12129 | 65509 |
|  | Dallah Healthcare Co. | 3726 | 121297 |
|  \* | Dar Al Arkan Real Estate Development Co. | 107466 | 627607 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |  |
|  | Eastern Province Cement Co. | 8366 | $74972 |
|  \* | Emaar Economic City | 22389 | 90846 |
|  | Etihad Etisalat Co. | 63978 | 1071784 |
|  | First Milling Co. | 1661 | 26014 |
|  \* | Fitaihi Holding Group | 32900 | 35305 |
|  | Gulf Insurance Group | 4659 | 32195 |
|  \* | Herfy Food Services Co. | 3314 | 21684 |
|  \* | Lumi Rental Co. | 1420 | 23379 |
|  \* | Mediterranean & Gulf Cooperative Insurance & Reinsurance Co. | 16398 | 98016 |
|  \* | Middle East Healthcare Co. | 6562 | 121831 |
|  \* | Middle East Paper Co. | 10020 | 74670 |
|  \* | Middle East Specialized Cables Co. | 4602 | 43550 |
|  | Mobile Telecommunications Co. Saudi Arabia | 83887 | 285481 |
|  \* | Najran Cement Co. | 16879 | 38103 |
|  \* | National Agriculture Development Co. | 27176 | 161283 |
|  | National Co. for Glass Industries | 3510 | 42545 |
|  \* | National Industrialization Co. | 51911 | 127890 |
|  | Nayifat Finance Co. | 13593 | 46438 |
|  | Northern Region Cement Co. | 18964 | 43710 |
|  | Qassim Cement Co. | 8392 | 118159 |
|  \* | Rabigh Refining & Petrochemical Co. | 74504 | 141466 |
|  | Riyadh Cement Co. | 7786 | 70434 |
|  | Sahara International Petrochemical Co. | 66578 | 337487 |
|  \* | Saudi Arabian Amiantit Co. | 3465 | 21468 |
|  | Saudi Aramco Base Oil Co. | 2603 | 68954 |
|  | Saudi Automotive Services Co. | 1423 | 25075 |
|  | Saudi Cement Co. | 11842 | 145337 |
|  \* | Saudi Ceramic Co. | 11868 | 89148 |
|  \* | Saudi Chemical Co. Holding | 105700 | 239179 |
|  | Saudi Industrial Investment Group | 66340 | 267574 |
|  | Saudi Investment Bank | 122976 | 494074 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |  |
|  \* | Saudi Kayan Petrochemical Co. | 123727 | $190362 |
|  | Saudi Paper Manufacturing Co. | 2289 | 41801 |
|  \* | Saudi Pharmaceutical Industries & Medical Appliances Corp. | 9251 | 62891 |
|  \* | Saudi Public Transport Co. | 10417 | 45675 |
|  \* | Saudi Reinsurance Co. | 8310 | 109668 |
|  | Saudi Steel Pipe Co. | 2430 | 35832 |
|  \* | Savola Group | 25098 | 209686 |
|  | Scientific & Medical Equipment House Co. | 1451 | 15511 |
|  \* | Seera Group Holding | 33818 | 220764 |
|  \* | SHL Finance Co. | 4656 | 24932 |
|  \* | Sinad Holding Co. | 15831 | 49567 |
|  | Southern Province Cement Co. | 11548 | 95641 |
|  | Sustained Infrastructure Holding Co. | 7743 | 61275 |
|  | Tabuk Cement Co. | 8849 | 29145 |
|  | Tanmiah Food Co. | 1110 | 31402 |
|  | Theeb Rent A Car Co. | 4093 | 72909 |
|  \* | Umm Al-Qura Cement Co. | 2850 | 13675 |
|  | United International Transportation Co. | 6599 | 130047 |
|  \* | Walaa Cooperative Insurance Co. | 17030 | 86349 |
|  | Yamama Cement Co. | 20244 | 196431 |
|  | Yanbu Cement Co. | 15921 | 92626 |
|  | Yanbu National Petrochemical Co. | 43558 | 371366 |
|  TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA | 9531545 |
|  SINGAPORE — (0.1%) | SINGAPORE — (0.1%) |  |  |
|  W | BOC Aviation Ltd. | 34900 | 261554 |
|  | China XLX Fertiliser Ltd. | 134000 | 77120 |
|  | SIIC Environment Holdings Ltd. (807 HK) | 193000 | 23894 |
|  TOTAL SINGAPORE | TOTAL SINGAPORE | TOTAL SINGAPORE | 362568 |
|  SOUTH AFRICA — (2.9%) | SOUTH AFRICA — (2.9%) |  |  |
|  | Adcock Ingram Holdings Ltd. | 5274 | 13925 |
|  | AECI Ltd. | 20061 | 110703 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |  |  |
|  # | African Rainbow Minerals Ltd. | 21069 | $176653 |
|  | Altron Ltd., Class A | 27408 | 29983 |
|  | Aspen Pharmacare Holdings Ltd. | 65069 | 427275 |
|  | Astral Foods Ltd. | 4382 | 40750 |
|  | Barloworld Ltd. | 33946 | 197727 |
|  \* | Blue Label Telecoms Ltd. | 90389 | 40737 |
|  | Caxton & CTP Publishers & Printers Ltd. | 18917 | 12213 |
|  | Curro Holdings Ltd. | 43449 | 20883 |
|  | DataTec Ltd. | 52578 | 163644 |
|  | Discovery Ltd. | 10948 | 121607 |
|  | DRDGOLD Ltd. (DRD SJ) | 14995 | 22096 |
|  | DRDGOLD Ltd. (DRD US), Sponsored ADR | 1995 | 29725 |
|  # | Exxaro Resources Ltd. | 40973 | 335440 |
|  | Foschini Group Ltd. | 32450 | 226086 |
|  | Grindrod Ltd. | 120704 | 75324 |
|  | Harmony Gold Mining Co. Ltd. (HAR SJ) | 3599 | 56549 |
|  | Harmony Gold Mining Co. Ltd. (HMY US), Sponsored ADR | 47253 | 751795 |
|  \* | Impala Platinum Holdings Ltd. | 131153 | 779985 |
|  | Investec Ltd. | 24846 | 155066 |
|  | Invicta Holdings Ltd. | 10262 | 17822 |
|  \* | KAP Ltd. | 538761 | 80650 |
|  | Lewis Group Ltd. | 10591 | 38929 |
|  | Life Healthcare Group Holdings Ltd. | 174767 | 137683 |
|  | Merafe Resources Ltd. | 128568 | 7750 |
|  | Momentum Group Ltd. | 162972 | 298278 |
|  | Motus Holdings Ltd. | 26855 | 125795 |
|  | Mpact Ltd. | 21681 | 31498 |
|  \* | Nampak Ltd. | 926 | 21054 |
|  | Netcare Ltd. | 84158 | 61838 |
|  | Northam Platinum Holdings Ltd. | 55523 | 372680 |
|  \* | Nutun Ltd. | 134551 | 13381 |
|  | Oceana Group Ltd. | 14664 | 46388 |
|  | Old Mutual Ltd. (OMU SJ) | 750515 | 457937 |
|  | Omnia Holdings Ltd. | 28775 | 106044 |
|  W | Pepkor Holdings Ltd. | 337569 | 488669 |
|  | PPC Ltd. | 214288 | 53612 |
|  | Raubex Group Ltd. | 23054 | 54698 |
|  | RCL Foods Ltd. | 30615 | 15648 |
|  | Reunert Ltd. | 30131 | 100320 |

---

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |  |  |
|  | Sappi Ltd. | 89863 | $168500 |
|  \* | Sasol Ltd. (SOL SJ) | 26905 | 92932 |
|  \* | Sibanye Stillwater Ltd. (SSW SJ) | 386147 | 441173 |
|  | Southern Sun Ltd. | 134884 | 59931 |
|  \* | SPAR Group Ltd. | 11519 | 70983 |
|  # | Super Group Ltd. | 64358 | 99963 |
|  \* | Telkom SA SOC Ltd. | 47881 | 101423 |
|  # | Thungela Resources Ltd. (TGA SJ) | 20163 | 100307 |
|  | Tsogo Sun Ltd. | 47423 | 21071 |
|  | We Buy Cars Holdings Ltd. | 21753 | 50489 |
|  | Wilson Bayly Holmes-Ovcon Ltd. | 7268 | 75108 |
|  | Zeda Ltd. | 33706 | 18961 |
|  TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA | 7619681 |
|  SOUTH KOREA — (10.8%) | SOUTH KOREA — (10.8%) |  |  |
|  | Advanced Process Systems Corp. | 2143 | 25688 |
|  | Aekyung Industrial Co. Ltd. | 2040 | 19529 |
|  \* | Agabang & Company | 4166 | 20521 |
|  \* | Air Busan Co. Ltd. | 9694 | 13993 |
|  | Ajin Industrial Co. Ltd. | 5158 | 10709 |
|  \* | ALUKO Co. Ltd. | 8599 | 12821 |
|  # | Amorepacific Corp. | 4282 | 375539 |
|  | Amorepacific Holdings Corp. | 3066 | 49599 |
|  \* | Anam Electronics Co. Ltd. | 12108 | 11659 |
|  | Asia Cement Co. Ltd. | 2690 | 20814 |
|  | ASIA Holdings Co. Ltd. | 147 | 26977 |
|  | Asia Paper Manufacturing Co. Ltd. | 7167 | 34835 |
|  | Avaco Co. Ltd. | 2775 | 25656 |
|  | Baiksan Co. Ltd. | 1472 | 14722 |
|  | BGF retail Co. Ltd. | 367 | 27733 |
|  | BH Co. Ltd. | 4119 | 35686 |
|  | Binggrae Co. Ltd. | 1100 | 73104 |
|  | BioNote, Inc. | 8441 | 27166 |
|  \* | BNC Korea Co. Ltd. | 9119 | 26652 |
|  | BNK Financial Group, Inc. | 48609 | 354312 |
|  | Boryung | 4916 | 29279 |
|  \* | Bosung Power Technology Co. Ltd. | 5164 | 10659 |
|  | Byucksan Corp. | 6129 | 10544 |
|  | Cape Industries Ltd. | 2159 | 9875 |
|  | Cheil Electric Co. Ltd. | 3080 | 18844 |
|  | Cheil Worldwide, Inc. | 8825 | 115180 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Chemtronics Co. Ltd. | 1321 | $20663 |
|  | Chong Kun Dang Pharmaceutical Corp. | 885 | 50666 |
|  | Chongkundang Holdings Corp. | 732 | 23887 |
|  \* | Chorokbaem Media Co. Ltd. | 5074 | 17544 |
|  \* | CJ CGV Co. Ltd. | 12126 | 41459 |
|  | CJ CheilJedang Corp. | 1063 | 178781 |
|  | CJ Corp. | 2470 | 215912 |
|  \* | CJ ENM Co. Ltd. | 1161 | 50498 |
|  | CJ Freshway Corp. | 1674 | 28589 |
|  | CJ Logistics Corp. | 938 | 54719 |
|  | CLIO Cosmetics Co. Ltd. | 1467 | 18599 |
|  \* | Com2uS Holdings Corp. | 1239 | 17322 |
|  | Com2uSCorp. | 1323 | 36626 |
|  | Coocon Corp. | 930 | 13204 |
|  | Coway Co. Ltd. | 8924 | 549455 |
|  | Cowintech Co. Ltd. | 1509 | 13721 |
|  | CR Holdings Co. Ltd. | 5750 | 21103 |
|  | CS Wind Corp. | 2230 | 60874 |
|  \* | Cube Entertainment, Inc. | 2103 | 29085 |
|  | Cuckoo Holdings Co. Ltd. | 1775 | 30343 |
|  | Cuckoo Homesys Co. Ltd. | 757 | 12129 |
|  | Dae Won Kang Up Co. Ltd. | 8318 | 22814 |
|  | Daebongls Co. Ltd. | 2322 | 21709 |
|  | Daedong Corp. | 3607 | 26104 |
|  | Daeduck Co. Ltd. | 4415 | 24570 |
|  | Daeduck Electronics Co. Ltd. | 6846 | 67200 |
|  | Daehan Flour Mill Co. Ltd. | 223 | 20509 |
|  | Daehan Steel Co. Ltd. | 2741 | 30928 |
|  \* | Dae-Il Corp. | 2910 | 9610 |
|  | Daesang Corp. | 3678 | 61819 |
|  | Daesang Holdings Co. Ltd. | 4994 | 37414 |
|  | Daewon Pharmaceutical Co. Ltd. | 3317 | 32191 |
|  \* | Daewoo Engineering & Construction Co. Ltd. | 28330 | 70682 |
|  | Daewoong Co. Ltd. | 4595 | 65581 |
|  | Daewoong Pharmaceutical Co. Ltd. | 129 | 12536 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Daihan Pharmaceutical Co. Ltd. | 686 | $12740 |
|  | Daishin Securities Co. Ltd. | 5660 | 71289 |
|  \* | Danal Co. Ltd. | 6530 | 13244 |
|  | Daol Investment & Securities Co. Ltd. | 10955 | 26119 |
|  | Daou Data Corp. | 2532 | 21091 |
|  | Daou Technology, Inc. | 4209 | 64285 |
|  \* | Dasan Networks, Inc. | 8311 | 16214 |
|  \* | Dawonsys Co. Ltd. | 4518 | 27431 |
|  | DB HiTek Co. Ltd. | 5291 | 143032 |
|  | DB Insurance Co. Ltd. | 8646 | 557021 |
|  | DB Securities Co. Ltd. | 6337 | 28339 |
|  \* | DB, Inc. | 17623 | 16031 |
|  \* | DE&T Co. Ltd. | 2477 | 9965 |
|  | Dentium Co. Ltd. | 1120 | 57487 |
|  | Deutsch Motors, Inc. | 4732 | 15649 |
|  | DI Dong Il Corp. | 3232 | 94024 |
|  | DIT Corp. | 2084 | 18835 |
|  | DL E&C Co. Ltd. | 5351 | 163551 |
|  | DL Holdings Co. Ltd. | 1447 | 33074 |
|  | DMS Co. Ltd. | 4659 | 20747 |
|  | DN Automotive Corp. | 3860 | 55898 |
|  | Dohwa Engineering Co. Ltd. | 2350 | 10828 |
|  | Dong-A Socio Holdings Co. Ltd. | 582 | 42293 |
|  | Dong-A ST Co. Ltd. | 934 | 31605 |
|  | Dong-Ah Geological Engineering Co. Ltd. | 1150 | 11965 |
|  | Dongjin Semichem Co. Ltd. | 5638 | 115441 |
|  | Dongkoo Bio & Pharma Co. Ltd. | 2986 | 11380 |
|  | DongKook Pharmaceutical Co. Ltd. | 4132 | 44141 |
|  | Dongkuk Holdings Co. Ltd. | 2133 | 10808 |
|  | Dongkuk Industries Co. Ltd. | 7902 | 20771 |
|  | Dongkuk Steel Mill Co. Ltd. | 6644 | 42861 |
|  | Dongsuh Cos., Inc. | 4124 | 75529 |
|  | Dongsung Chemical Co. Ltd. | 5042 | 14594 |
|  | Dongwon F&B Co. Ltd. | 1585 | 41096 |
|  | Dongyang E&P, Inc. | 702 | 9928 |
|  | Doosan Bobcat, Inc. | 10984 | 377636 |
|  | Doosan Co. Ltd. | 1294 | 275268 |
|  | Doosan Tesna, Inc. | 2060 | 36578 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | DoubleUGames Co. Ltd. | 1873 | $74319 |
|  \* | Dream Security Co. Ltd. | 401 | 983 |
|  | Dreamtech Co. Ltd. | 5850 | 26210 |
|  \* | DS Dansuk Co. Ltd. | 1735 | 31119 |
|  \* | Duksan Hi-Metal Co. Ltd. | 3663 | 10495 |
|  \*†† | E Investment&Development Co. Ltd. | 13290 | 2440 |
|  | Easy Holdings Co. Ltd. | 10216 | 24664 |
|  | Echo Marketing, Inc. | 2306 | 13468 |
|  | Ecoplastic Corp. | 8005 | 16786 |
|  | Ecopro Co. Ltd. | 535 | 19127 |
|  \*†† | Ehwa Technologies Information Co. Ltd. | 46593 | 5539 |
|  | E-MART, Inc. | 3929 | 252765 |
|  \* | EMKOREA Co. Ltd. | 6511 | 9740 |
|  | ENF Technology Co. Ltd. | 1688 | 29324 |
|  | Eugene Corp. | 8193 | 20111 |
|  | Eugene Investment & Securities Co. Ltd. | 15368 | 29953 |
|  \* | EV Advanced Material Co. Ltd. | 9147 | 9275 |
|  | F&F Co. Ltd. | 1589 | 78898 |
|  \* | Fine M-Tec Co. Ltd. | 3520 | 13092 |
|  \* | Foosung Co. Ltd. | 7692 | 23720 |
|  | Fursys, Inc. | 403 | 12713 |
|  | Gabia, Inc. | 2000 | 31011 |
|  \* | GAEASOFT | 1361 | 9465 |
|  \* | GC Cell Corp. | 1591 | 23074 |
|  \* | Genexine, Inc. | 4101 | 13223 |
|  | Geumhwa PSC Co. Ltd. | 840 | 15548 |
|  | Global Standard Technology Co. Ltd. | 2066 | 24931 |
|  \* | GnBS eco Co. Ltd. | 4071 | 10025 |
|  | GOLFZON Co. Ltd. | 714 | 32929 |
|  | Gradiant Corp. | 2087 | 19974 |
|  | Green Cross Corp. | 810 | 70682 |
|  | Green Cross Holdings Corp. | 3991 | 39283 |
|  | GS Engineering & Construction Corp. | 10215 | 131313 |
|  # | GS Global Corp. | 11688 | 21081 |
|  | GS Holdings Corp. (078930 KS) | 7154 | 194526 |
|  \* | GS P&L Co. Ltd. | 1565 | 23288 |
|  | GS Retail Co. Ltd. | 6601 | 68698 |
|  | Gwangju Shinsegae Co. Ltd. | 850 | 16663 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | HAESUNG DS Co. Ltd. | 1687 | $27420 |
|  | Han Kuk Carbon Co. Ltd. | 6875 | 93961 |
|  | Hancom, Inc. | 3287 | 49481 |
|  | Handok, Inc. | 1566 | 12888 |
|  | Handsome Co. Ltd. | 1044 | 11357 |
|  | Hanil Cement Co. Ltd. | 4661 | 58791 |
|  | Hanil Holdings Co. Ltd. | 1453 | 15137 |
|  | Hanjin Transportation Co. Ltd. | 2072 | 27920 |
|  | Hankook Tire & Technology Co. Ltd. | 13296 | 386193 |
|  | HanmiGlobal Co. Ltd. | 1600 | 18064 |
|  | Hannong Chemicals, Inc. | 1268 | 13310 |
|  \* | Hanon Systems | 4896 | 12269 |
|  | Hansae Co. Ltd. | 2823 | 22168 |
|  | Hansol Chemical Co. Ltd. | 1447 | 117910 |
|  | Hansol Paper Co. Ltd. | 2806 | 16542 |
|  | Hansol Technics Co. Ltd. | 5142 | 17273 |
|  | Hanwha Corp. | 5714 | 193800 |
|  \* | Hanwha Galleria Corp. | 29172 | 24533 |
|  | Hanwha General Insurance Co. Ltd. | 14136 | 40528 |
|  \* | Hanwha Investment & Securities Co. Ltd. | 24210 | 58548 |
|  \* | Hanwha Life Insurance Co. Ltd. | 57592 | 107430 |
|  | Hanwha Solutions Corp. | 9663 | 203156 |
|  | Hanwha Systems Co. Ltd. | 10603 | 292120 |
|  | Hanyang Eng Co. Ltd. | 2207 | 25234 |
|  | Hanyang Securities Co. Ltd. | 2006 | 18884 |
|  \* | Harim Co. Ltd. | 12261 | 26382 |
|  | Harim Holdings Co. Ltd. | 11433 | 48072 |
|  | HB SOLUTION Co. Ltd. | 17433 | 29850 |
|  | HB Technology Co. Ltd. | 6321 | 8683 |
|  | HD Hyundai Co. Ltd. | 9001 | 497801 |
|  | HD Hyundai Construction Equipment Co. Ltd. | 2576 | 122668 |
|  | HD Hyundai Infracore Co. Ltd. | 23613 | 137177 |
|  | HD Hyundai Mipo | 776 | 91159 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | HD Korea Shipbuilding & Offshore Engineering Co. Ltd. | 582 | $111335 |
|  | HDC Holdings Co. Ltd. | 6580 | 88952 |
|  | HDC Hyundai Development Co-Engineering & Construction | 7525 | 131663 |
|  | Hecto Innovation Co. Ltd. | 1657 | 13755 |
|  | High Tech Pharm Co. Ltd. | 1876 | 17549 |
|  | Hite Jinro Co. Ltd. | 4957 | 67406 |
|  | HK inno N Corp. | 2808 | 79615 |
|  | HL Holdings Corp. | 1256 | 32339 |
|  | HL Mando Co. Ltd. | 5425 | 142345 |
|  \* | Hotel Shilla Co. Ltd. | 1196 | 36947 |
|  | HS Hyosung Advanced Materials Corp. | 365 | 45650 |
|  \* | HS Hyosung Corp. | 307 | 8828 |
|  | HS Industries Co. Ltd. | 3474 | 11466 |
|  | Huons Co. Ltd. | 1440 | 25646 |
|  | Huons Global Co. Ltd. | 1307 | 46044 |
|  | Husteel Co. Ltd. | 7166 | 24169 |
|  | Hwa Shin Co. Ltd. | 3210 | 17797 |
|  | Hwaseung Enterprise Co. Ltd. | 2637 | 14391 |
|  | Hy-Lok Corp. | 1868 | 37925 |
|  | Hyosung Corp. | 870 | 32481 |
|  | Hyundai Bioland Co. Ltd. | 3006 | 9131 |
|  | HYUNDAI Corp. | 1819 | 29063 |
|  | Hyundai Department Store Co. Ltd. | 3153 | 132449 |
|  | Hyundai Elevator Co. Ltd. | 1707 | 88622 |
|  | Hyundai Engineering & Construction Co. Ltd. | 13625 | 399290 |
|  | Hyundai Futurenet Co. Ltd. | 10757 | 21750 |
|  | Hyundai Glovis Co. Ltd. | 5008 | 401551 |
|  | Hyundai Green Food | 5344 | 58492 |
|  | Hyundai Home Shopping Network Corp. | 852 | 29094 |
|  | Hyundai Livart Furniture Co. Ltd. | 1570 | 8024 |
|  \* | Hyundai Marine & Fire Insurance Co. Ltd. | 11261 | 176201 |

---

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Hyundai Motor Securities Co. Ltd. | 6791 | $31218 |
|  | Hyundai Steel Co. | 10747 | 185013 |
|  | Hyundai Wia Corp. | 3549 | 106811 |
|  | HyVision System, Inc. | 3097 | 34544 |
|  | Ilshin Spinning Co. Ltd. | 3440 | 20936 |
|  | Ilyang Pharmaceutical Co. Ltd. | 1789 | 15496 |
|  | iM Financial Group Co. Ltd. | 25549 | 184729 |
|  | iMarketKorea, Inc. | 3411 | 19060 |
|  | InBody Co. Ltd. | 2353 | 39971 |
|  | Innocean Worldwide, Inc. | 3390 | 43449 |
|  | Innox Advanced Materials Co. Ltd. | 3147 | 50531 |
|  | Intelligent Digital Integrated Security Co. Ltd. | 596 | 6925 |
|  \* | Interflex Co. Ltd. | 1742 | 10249 |
|  | INTOPS Co. Ltd. | 2924 | 33145 |
|  | IS Dongseo Co. Ltd. | 2549 | 32519 |
|  | i-SENS, Inc. | 1571 | 18109 |
|  \* | ITEK, Inc. | 2036 | 8285 |
|  \* | ITM Semiconductor Co. Ltd. | 95 | 805 |
|  \* | Jahwa Electronics Co. Ltd. | 1899 | 15916 |
|  | JB Financial Group Co. Ltd. | 23757 | 285441 |
|  \* | Jeju Air Co. Ltd. | 3532 | 16645 |
|  | Jinsung T.E.C | 2075 | 13163 |
|  \*†† | Jokwang ILI Co. Ltd. | 21669 | 2088 |
|  | JVM Co. Ltd. | 835 | 13612 |
|  | JW Life Science Corp. | 1349 | 10905 |
|  | K Ensol Co. Ltd. | 1713 | 14001 |
|  \* | Kakao Games Corp. | 6791 | 67818 |
|  | Kangwon Land, Inc. | 15482 | 176729 |
|  | KC Co. Ltd. | 2037 | 26625 |
|  | KC Tech Co. Ltd. | 1888 | 34796 |
|  | KCC Corp. | 847 | 148805 |
|  | KCC Glass Corp. | 2091 | 47103 |
|  \* | KEC Corp. | 20676 | 10664 |
|  | KEPCO Plant Service & Engineering Co. Ltd. | 4024 | 124310 |
|  | KG Dongbusteel | 8803 | 36690 |
|  | KG Eco Solution Co. Ltd. | 5772 | 22365 |
|  | Kginicis Co. Ltd. | 3312 | 20365 |
|  | KGMobilians Co. Ltd. | 2885 | 8572 |
|  | KH Vatec Co. Ltd. | 2324 | 15057 |
|  | KISCO Corp. | 2292 | 13703 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | KISCO Holdings Co. Ltd. | 632 | $9273 |
|  | KISWIRE Ltd. | 1827 | 22240 |
|  | KIWOOM Securities Co. Ltd. | 2451 | 235686 |
|  \* | KNJ Co. Ltd. | 1143 | 12708 |
|  | Kolmar BNH Co. Ltd. | 1425 | 13519 |
|  | Kolmar Holdings Co. Ltd. | 3450 | 23131 |
|  | Kolon Corp. | 916 | 15043 |
|  | Kolon Industries, Inc. | 3779 | 80187 |
|  | KONA I Co. Ltd. | 952 | 25994 |
|  | Korea Alcohol Industrial Co. Ltd. | 1839 | 11772 |
|  | Korea Asset In Trust Co. Ltd. | 20910 | 34255 |
|  \* | Korea Circuit Co. Ltd. | 2410 | 17197 |
|  | Korea Electric Terminal Co. Ltd. | 1101 | 49912 |
|  \* | Korea Information & Communications Co. Ltd. | 2884 | 15696 |
|  | Korea Information Certificate Authority, Inc. | 3607 | 11148 |
|  | Korea Investment Holdings Co. Ltd. | 6379 | 372438 |
|  \* | Korea Line Corp. | 40485 | 43317 |
|  | Korea Movenex Co. Ltd. | 4358 | 12065 |
|  | Korea Petrochemical Ind Co. Ltd. | 710 | 41975 |
|  | Korea United Pharm, Inc. | 1827 | 25123 |
|  | Korean Air Lines Co. Ltd. | 28525 | 420540 |
|  | Korean Reinsurance Co. | 28809 | 163992 |
|  | KSS LINE Ltd. | 3271 | 20619 |
|  | Kumho Petrochemical Co. Ltd. | 3068 | 256704 |
|  \* | Kumho Tire Co., Inc. | 19446 | 65819 |
|  | Kwang Dong Pharmaceutical Co. Ltd. | 10147 | 39129 |
|  | Kyeryong Construction Industrial Co. Ltd. | 1162 | 20843 |
|  | Kyochon F&B Co. Ltd. | 3478 | 13201 |
|  | Kyung Dong Navien Co. Ltd. | 1037 | 53074 |
|  \* | LabGenomics Co. Ltd. | 9003 | 13613 |
|  \* | LB Semicon, Inc. | 4003 | 9455 |
|  | Lee Ku Industrial Co. Ltd. | 6393 | 19121 |

---

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | LF Corp. | 3721 | $38932 |
|  \* | LG Display Co. Ltd. (034220 KS) | 53485 | 317749 |
|  | LG H&H Co. Ltd. | 1494 | 353990 |
|  \* | LG HelloVision Co. Ltd. | 9492 | 17588 |
|  | LG Innotek Co. Ltd. | 1203 | 118251 |
|  | LG Uplus Corp. | 38138 | 322021 |
|  \* | LOT Vacuum Co. Ltd. | 3140 | 19332 |
|  | Lotte Chilsung Beverage Co. Ltd. | 706 | 54480 |
|  | Lotte Corp. | 2104 | 33378 |
|  \* | Lotte Data Communication Co. | 1132 | 14973 |
|  | LOTTE Fine Chemical Co. Ltd. | 3279 | 80096 |
|  \* | Lotte Non-Life Insurance Co. Ltd. | 18648 | 22596 |
|  | Lotte Rental Co. Ltd. | 3364 | 69523 |
|  | Lotte Shopping Co. Ltd. | 2230 | 105821 |
|  | Lotte Wellfood Co. Ltd. | 520 | 43346 |
|  | LS Corp. | 3430 | 317760 |
|  | LS Electric Co. Ltd. | 1307 | 188773 |
|  \* | LVMC Holdings | 17904 | 21994 |
|  | LX Hausys Ltd. | 516 | 10470 |
|  | LX Holdings Corp. | 7726 | 35588 |
|  | LX International Corp. | 5883 | 109722 |
|  | LX Semicon Co. Ltd. | 2058 | 78327 |
|  | Macrogen, Inc. | 750 | 8450 |
|  | Maeil Dairies Co. Ltd. | 347 | 8999 |
|  | Mcnex Co. Ltd. | 2125 | 35803 |
|  \* | Medipost Co. Ltd. | 4309 | 27811 |
|  | MegaStudy Co. Ltd. | 1207 | 9054 |
|  | MegaStudyEdu Co. Ltd. | 1081 | 36462 |
|  | Mgame Corp | 3697 | 13200 |
|  \* | Mirae Asset Life Insurance Co. Ltd. | 9166 | 35021 |
|  | Mirae Asset Securities Co. Ltd. | 39636 | 329467 |
|  | Mirae Asset Venture Investment Co. Ltd. | 5057 | 17259 |
|  | Misto Holdings Corp. | 6401 | 166453 |
|  | MK Electron Co. Ltd. | 4116 | 21935 |
|  | MNTech Co. Ltd. | 2036 | 11289 |
|  \* | MONAYONGPYONG | 4143 | 12911 |
|  | Motrex Co. Ltd. | 3530 | 21293 |
|  | mPlus Corp. | 2653 | 13943 |
|  | Muhak Co. Ltd. | 2641 | 13542 |
|  | Myoung Shin Industrial Co. Ltd. | 4781 | 28103 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Namhae Chemical Corp. | 4529 | $21718 |
|  \* | Namsun Aluminum Co. Ltd. | 20626 | 20667 |
|  | Namuga Co. Ltd. | 988 | 8960 |
|  | Namyang Dairy Products Co. Ltd. | 258 | 13811 |
|  | Nature Holdings Co. Ltd. | 2604 | 18414 |
|  | NCSoft Corp. | 885 | 91097 |
|  | NeoPharm Co. Ltd. | 2118 | 20489 |
|  \* | Neowiz | 1943 | 31945 |
|  \* | Nepes Ark Corp. | 1427 | 10576 |
|  \* | Neptune Co. | 4509 | 23336 |
|  W | Netmarble Corp. | 3633 | 114279 |
|  | New Power Plasma Co. Ltd. | 3767 | 12275 |
|  \* | Newflex Technology Co. Ltd. | 3299 | 10509 |
|  | Nexen Corp. | 3941 | 13062 |
|  | Nexen Tire Corp. | 3768 | 14313 |
|  | Nexteel Co. Ltd. | 2819 | 24874 |
|  | NH Investment & Securities Co. Ltd. | 23512 | 254185 |
|  | NHN Corp. | 4030 | 62874 |
|  | NHN KCP Corp. | 4060 | 22001 |
|  | NICE Holdings Co. Ltd. | 4202 | 33265 |
|  | Nong Shim Holdings Co. Ltd. | 465 | 21952 |
|  | NongShim Co. Ltd. | 597 | 169192 |
|  | NOVAREX Co. Ltd. | 3270 | 23485 |
|  | OCI Holdings Co. Ltd. | 2138 | 97371 |
|  | ONEJOON Co. Ltd. | 1296 | 8253 |
|  | Orion Corp. | 3170 | 274772 |
|  | Orion Holdings Corp. | 4507 | 58062 |
|  | Osang Healthcare Co. Ltd. | 501 | 4864 |
|  \* | Osung Advanced Materials Co. Ltd. | 10029 | 9922 |
|  | Otoki Corp. | 116 | 32672 |
|  \* | Paik Kwang Industrial Co. Ltd. | 4913 | 22520 |
|  | Pan Ocean Co. Ltd. | 50340 | 118452 |
|  | Paradise Co. Ltd. | 8810 | 76750 |
|  | Partron Co. Ltd. | 8571 | 41414 |
|  | People & Technology, Inc. | 777 | 22181 |
|  | PHA Co. Ltd. | 1337 | 9310 |
|  | PI Advanced Materials Co. Ltd. | 1764 | 20315 |
|  \* | PonyLink Co. Ltd. | 19490 | 14131 |
|  | Poongsan Corp. | 3373 | 140833 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Poongsan Holdings Corp. | 1377 | $27766 |
|  | Posco International Corp. | 5307 | 182957 |
|  | POSCO Steeleon Co. Ltd. | 829 | 21996 |
|  \* | Power Logics Co. Ltd. | 2942 | 9585 |
|  | Protec Co. Ltd. | 1461 | 24643 |
|  | PSK, Inc. | 3165 | 39701 |
|  \* | Refine Co. Ltd. | 1709 | 14939 |
|  | RFHIC Corp. | 2544 | 27649 |
|  | S-1 Corp. | 1819 | 81074 |
|  | Sajodaerim Corp. | 1147 | 30702 |
|  | Sam Young Electronics Co. Ltd. | 2074 | 15536 |
|  | Sam Yung Trading Co. Ltd. | 2591 | 24886 |
|  | Sam-A Aluminum Co. Ltd. | 639 | 11311 |
|  \* | Samil Pharmaceutical Co. Ltd. | 3113 | 28635 |
|  | Samji Electronics Co. Ltd. | 1764 | 13002 |
|  | Samjin Pharmaceutical Co. Ltd. | 1495 | 18764 |
|  | Sammok S-Form Co. Ltd. | 2023 | 29930 |
|  | SAMPYO Cement Co. Ltd. | 9240 | 20432 |
|  | Samsung Card Co. Ltd. (029780 KS) | 5410 | 159770 |
|  | Samsung Electro-Mechanics Co. Ltd. | 7275 | 600215 |
|  | Samsung Engineering Co. Ltd. | 25040 | 338575 |
|  | Samsung SDS Co. Ltd. | 4358 | 392728 |
|  | Samsung Securities Co. Ltd. | 12155 | 445560 |
|  | SAMT Co. Ltd. | 12775 | 24361 |
|  | Samyang Corp. | 930 | 31302 |
|  | Sang-A Frontec Co. Ltd. | 1293 | 14212 |
|  | Sangsin Energy Display Precision Co. Ltd. | 2635 | 14171 |
|  | Saramin Co. Ltd. | 591 | 6529 |
|  | SD Biosensor, Inc. | 9829 | 64987 |
|  | SeAH Besteel Holdings Corp. | 3013 | 37925 |
|  | SeAH Steel Corp. | 231 | 28756 |
|  | SeAH Steel Holdings Corp. | 380 | 60096 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Sebang Co. Ltd. | 2050 | $16458 |
|  | Sebang Global Battery Co. Ltd. | 1376 | 66679 |
|  | Seegene, Inc. | 6460 | 119451 |
|  | Segyung Hitech Co. Ltd. | 3979 | 19701 |
|  | Seobu T&D | 6459 | 26158 |
|  | Seohee Construction Co. Ltd. | 38458 | 46872 |
|  \* | Seojin System Co. Ltd. | 1410 | 20217 |
|  \* | Seoul Semiconductor Co. Ltd. | 3808 | 17828 |
|  | Seoyon Co. Ltd. | 4130 | 21602 |
|  | Seoyon E-Hwa Co. Ltd. | 2518 | 20876 |
|  \*†† | Sewon E&C Co. Ltd. | 7730 | 957 |
|  | SFA Engineering Corp. | 721 | 10295 |
|  \* | SFA Semicon Co. Ltd. | 16078 | 33858 |
|  | SGC Energy Co. Ltd. | 1829 | 29983 |
|  | Shin Heung Energy & Electronics Co. Ltd. | 3486 | 10396 |
|  | Shinil Electronics Co. Ltd. | 15276 | 16615 |
|  | Shinsegae, Inc. | 802 | 88920 |
|  \* | Shinyoung Securities Co. Ltd. | 986 | 61753 |
|  | SIMMTECH Co. Ltd. | 3768 | 41839 |
|  | Sindoh Co. Ltd. | 830 | 25136 |
|  | SK Chemicals Co. Ltd. | 2152 | 60229 |
|  | SK Discovery Co. Ltd. | 2070 | 60581 |
|  \* | SK Eternix Co. Ltd. | 2859 | 34226 |
|  | SK Gas Ltd. | 546 | 92002 |
|  \*W | SK IE Technology Co. Ltd. | 594 | 9358 |
|  | SK Networks Co. Ltd. | 24348 | 72310 |
|  \* | SK oceanplant Co. Ltd. | 5032 | 52999 |
|  | SK Securities Co. Ltd. | 69495 | 23624 |
|  | SL Corp. | 3275 | 75634 |
|  | SNT Dynamics Co. Ltd. | 2911 | 67905 |
|  | SNT Holdings Co. Ltd. | 951 | 22197 |
|  | SNT Motiv Co. Ltd. | 2958 | 57411 |
|  | S-Oil Corp. | 6969 | 254549 |
|  | Solid, Inc. | 14983 | 75175 |
|  | Songwon Industrial Co. Ltd. | 2470 | 19852 |
|  | Soosan Industries Co. Ltd. | 1110 | 15512 |
|  | Soulbrain Co. Ltd. | 555 | 67609 |
|  | Soulbrain Holdings Co. Ltd. | 1012 | 22207 |

---

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Spigen Korea Co. Ltd. | 756 | $14027 |
|  | STIC Investments, Inc. | 5608 | 39059 |
|  | Straffic Co. Ltd. | 3886 | 10779 |
|  \* | Studio Dragon Corp. | 1297 | 46741 |
|  | Suheung Co. Ltd. | 906 | 9117 |
|  | Sung Kwang Bend Co. Ltd. | 2934 | 56215 |
|  | Sungshin Cement Co. Ltd. | 4536 | 29363 |
|  | Sungwoo Hitech Co. Ltd. | 8732 | 34225 |
|  \* | Suprema, Inc. | 1563 | 35665 |
|  \* | SY Co. Ltd. | 5628 | 14732 |
|  \* | Synergy Innovation Co. Ltd. | 6091 | 12307 |
|  | Systems Technology, Inc. | 1635 | 22922 |
|  | Taekwang Industrial Co. Ltd. | 57 | 30357 |
|  \* | Taewoong Co. Ltd. | 1838 | 19436 |
|  #\* | Taihan Electric Wire Co. Ltd. | 12574 | 103013 |
|  | Telechips, Inc. | 1102 | 10498 |
|  | TES Co. Ltd. | 1168 | 16548 |
|  | TK Corp. | 3405 | 50396 |
|  | TKG Huchems Co. Ltd. | 3899 | 44088 |
|  | TLB Co. Ltd. | 1680 | 20281 |
|  \* | Tongyang Life Insurance Co. Ltd. | 9098 | 39117 |
|  | Toptec Co. Ltd. | 3621 | 10516 |
|  | Tovis Co. Ltd. | 1651 | 18344 |
|  | TS Corp | 6440 | 15408 |
|  | TSE Co. Ltd. | 768 | 22099 |
|  \* | TSI Co. Ltd. | 2376 | 9980 |
|  \* | Tuksu Construction Co. Ltd. | 2788 | 16023 |
|  | TYM Corp. | 5445 | 17198 |
|  | Uju Electronics Co. Ltd. | 1103 | 21266 |
|  | Unid Co. Ltd. | 825 | 50940 |
|  | Union Semiconductor Equipment & Materials Co. Ltd. | 4041 | 16838 |
|  | Unitrontech Co. Ltd. | 2709 | 11181 |
|  | Value Added Technology Co. Ltd. | 1095 | 15636 |
|  \*†† | Vidente Co. Ltd. | 4562 | 1999 |
|  | Vieworks Co. Ltd. | 1285 | 22184 |
|  \* | Vina Tech Co. Ltd. | 643 | 11332 |
|  | Webcash Corp. | 1546 | 13336 |
|  | Webzen, Inc. | 2959 | 28700 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Whanin Pharmaceutical Co. Ltd. | 1750 | $14436 |
|  | WiSoL Co. Ltd. | 3019 | 14538 |
|  \* | Wonik Holdings Co. Ltd. | 11835 | 34479 |
|  | WONIK IPS Co. Ltd. | 3329 | 53030 |
|  | Wonik Materials Co. Ltd. | 1147 | 16296 |
|  | Wonik QnC Corp. | 2132 | 25482 |
|  | Woojin, Inc. | 3439 | 19491 |
|  \* | Wooree Bio Co. Ltd. | 5523 | 8810 |
|  \* | Woori Technology Investment Co. Ltd. | 8023 | 37343 |
|  \* | Woosu AMS Co. Ltd. | 4962 | 10763 |
|  | Worldex Industry & Trading Co. Ltd. | 1282 | 15753 |
|  \* | YMT Co. Ltd. | 1500 | 9527 |
|  | Young Poong Corp. | 910 | 23769 |
|  | Youngone Corp. | 3883 | 129480 |
|  | Youngone Holdings Co. Ltd. | 1334 | 89801 |
|  | Yuanta Securities Korea Co. Ltd. | 17353 | 36122 |
|  | Zeus Co. Ltd. | 4043 | 36792 |
|  | Zinus, Inc. | 1734 | 21271 |
|  TOTAL SOUTH KOREA | TOTAL SOUTH KOREA | TOTAL SOUTH KOREA | 28138345 |
|  TAIWAN — (17.1%) | TAIWAN — (17.1%) |  |  |
|  | Abico Avy Co. Ltd. | 33965 | 33377 |
|  # | Ability Enterprise Co. Ltd. | 37000 | 53927 |
|  | AcBel Polytech, Inc. | 128989 | 103933 |
|  # | Acer, Inc. | 479000 | 523415 |
|  \* | ACES Electronic Co. Ltd. | 28985 | 43701 |
|  \* | Acon Holding, Inc. | 75000 | 21489 |
|  | Action Electronics Co. Ltd. | 24000 | 11490 |
|  | Actron Technology Corp. | 9000 | 36077 |
|  # | ADATA Technology Co. Ltd. | 53621 | 140264 |
|  | Advanced International Multitech Co. Ltd. | 20000 | 42533 |
|  \* | Advanced Optoelectronic Technology, Inc. | 34000 | 17015 |
|  | Advanced Power Electronics Corp. | 10000 | 23177 |
|  | Advancetek Enterprise Co. Ltd. | 49000 | 110443 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| TAIWAN — (Continued) |  |  |
| Aerospace Industrial Development Corp. | 65000 | $95270 |
| AGV Products Corp. | 144000 | 50484 |
| Air Asia Co. Ltd. | 13000 | 15372 |
| Alltek Technology Corp. | 24040 | 28975 |
| Alpha Networks, Inc. | 43773 | 37770 |
| Altek Corp. | 63605 | 72528 |
| Amazing Microelectronic Corp. | 16000 | 37302 |
| Ambassador Hotel | 49000 | 68900 |
| AMPACS Corp. | 9000 | 9238 |
| Ampire Co. Ltd. | 12000 | 11286 |
| AmTRAN Technology Co. Ltd. | 135808 | 60876 |
| Anderson Industrial Corp. | 23000 | 9760 |
| Anji Technology Co. Ltd. | 18000 | 16582 |
| Apacer Technology, Inc. | 35000 | 50361 |
| APAQ Technology Co. Ltd. | 2000 | 6226 |
| Apex Biotechnology Corp. | 13000 | 12794 |
| Apex Dynamics, Inc. | 2000 | 42022 |
| ARBOR Technology Corp. | 14000 | 20059 |
| Arcadyan Technology Corp. | 24000 | 177600 |
| Ardentec Corp. | 81000 | 188947 |
| Asia Cement Corp. | 436000 | 614126 |
| Asia Optical Co., Inc. | 30000 | 127518 |
| Asia Polymer Corp. | 83742 | 33196 |
| Asia Tech Image, Inc. | 18000 | 54401 |
| Aten International Co. Ltd. | 14000 | 29999 |
| Audix Corp. | 23000 | 43202 |
| AUO Corp. (2409 TT) | 750000 | 288562 |
| Avermedia Technologies | 14000 | 16887 |
| Axiomtek Co. Ltd. | 7695 | 24709 |
| Azurewave Technologies, Inc. | 9000 | 12901 |
| Bank of Kaohsiung Co. Ltd. | 172415 | 64028 |
| Basso Industry Corp. | 30000 | 34946 |
| BenQ Materials Corp. | 31000 | 23067 |
| BES Engineering Corp. | 253000 | 83560 |
| Bin Chuan Enterprise Co. Ltd. | 11000 | 16781 |
| Bizlink Holding, Inc. | 21000 | 355492 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Bon Fame Co. Ltd. | 4000 | $9456 |
|  | Brave C&H Supply Co. Ltd. | 4000 | 12458 |
|  | Brightek Optoelectronic Co. Ltd. | 9000 | 12673 |
|  | Brighton-Best International Taiwan, Inc. | 77000 | 80318 |
|  | Capital Futures Corp. | 19552 | 29660 |
|  # | Capital Securities Corp. | 302000 | 245707 |
|  \* | Career Technology MFG. Co. Ltd. | 86252 | 31586 |
|  | Castles Technology Co. Ltd. | 8000 | 17310 |
|  | Caswell, Inc. | 4000 | 11239 |
|  | Catcher Technology Co. Ltd. | 114000 | 776023 |
|  | Cathay Real Estate Development Co. Ltd. | 101000 | 61059 |
|  | CCP Contact Probes Co. Ltd. | 11000 | 9518 |
|  \* | Celxpert Energy Corp. | 10747 | 9699 |
|  | Cenra, Inc. | 29000 | 31455 |
|  | Central Reinsurance Co. Ltd. | 58674 | 48205 |
|  | Chailease Holding Co. Ltd. | 239000 | 859945 |
|  | Chain Chon Industrial Co. Ltd. | 26000 | 10928 |
|  | Chang Hwa Commercial Bank Ltd. | 339833 | 193780 |
|  | Chang Wah Electromaterials, Inc. | 51000 | 68656 |
|  | Channel Well Technology Co. Ltd. | 22000 | 49920 |
|  | CHC Healthcare Group | 27000 | 36533 |
|  | Chen Full International Co. Ltd. | 12000 | 17994 |
|  | Cheng Loong Corp. | 169000 | 92353 |
|  \* | Cheng Mei Materials Technology Corp. | 104283 | 42157 |
|  | Cheng Shin Rubber Industry Co. Ltd. | 290000 | 447909 |
|  | Cheng Uei Precision Industry Co. Ltd. | 74000 | 113412 |
|  | Chia Chang Co. Ltd. | 17000 | 20667 |
|  | Chia Hsin Cement Corp. | 79560 | 36931 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |  |
|  | Chien Kuo Construction Co. Ltd. | 23200 | $20707 |
|  | China Airlines Ltd. | 476000 | 313570 |
|  | China Bills Finance Corp. | 133000 | 61989 |
|  | China Electric Manufacturing Corp. | 47440 | 20213 |
|  | China General Plastics Corp. | 64141 | 22325 |
|  \* | China Man-Made Fiber Corp. | 235912 | 46864 |
|  | China Metal Products | 64000 | 53053 |
|  # | China Motor Corp. | 43200 | 96890 |
|  #\* | China Petrochemical Development Corp. | 605120 | 136024 |
|  | China Steel Structure Co. Ltd. | 14000 | 19184 |
|  | China Wire & Cable Co. Ltd. | 15000 | 15835 |
|  | Chinese Maritime Transport Ltd. | 20000 | 25338 |
|  | Ching Feng Home Fashions Co. Ltd. | 27111 | 20820 |
|  | Chin-Poon Industrial Co. Ltd. | 79000 | 79939 |
|  | Chipbond Technology Corp. | 114000 | 226669 |
|  | ChipMOS Technologies, Inc. (8150 TT) | 120000 | 99273 |
|  | Chlitina Holding Ltd. | 8000 | 28517 |
|  | Chong Hong Construction Co. Ltd. | 32000 | 87668 |
|  | Chun YU Works & Co. Ltd. | 13650 | 8933 |
|  | Chun Yuan Steel Industry Co. Ltd. | 92000 | 52310 |
|  \* | Chung Hwa Pulp Corp. | 100000 | 39971 |
|  | Clevo Co. | 73000 | 109398 |
|  | CMC Magnetics Corp. | 196336 | 48777 |
|  | Collins Co. Ltd. | 22000 | 10549 |
|  | Compal Electronics, Inc. | 784000 | 675551 |
|  | Compeq Manufacturing Co. Ltd. | 168000 | 294880 |
|  | Complex Micro Interconnection Co. Ltd. | 9000 | 11551 |
|  | Concord International Securities Co. Ltd. | 53106 | 21330 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |  |
|  | Concord Securities Co. Ltd. | 93985 | $34301 |
|  | Continental Holdings Corp. | 77000 | 58645 |
|  | Contrel Technology Co. Ltd. | 61000 | 72438 |
|  | Coremax Corp. | 24731 | 34871 |
|  # | Coretronic Corp. | 67000 | 131868 |
|  | Co-Tech Development Corp. | 12000 | 17910 |
|  | Coxon Precise Industrial Co. Ltd. | 19000 | 9026 |
|  | Creative Sensor, Inc. | 15000 | 21488 |
|  | CTCI Corp. | 101000 | 86847 |
|  | CviLux Corp. | 10000 | 14655 |
|  | Cyberlink Corp. | 6000 | 18607 |
|  \* | CyberTAN Technology, Inc. | 61000 | 43182 |
|  | DA CIN Construction Co. Ltd. | 48000 | 84368 |
|  | Dafeng TV Ltd. | 9000 | 14982 |
|  | Da-Li Development Co. Ltd. | 87093 | 126378 |
|  | Darfon Electronics Corp. | 37000 | 43974 |
|  | Darwin Precisions Corp. | 59000 | 21105 |
|  | De Licacy Industrial Co. Ltd. | 52740 | 23700 |
|  | Depo Auto Parts Ind Co. Ltd. | 17000 | 97009 |
|  | Dimerco Express Corp. | 20600 | 47436 |
|  | D-Link Corp. | 103040 | 52971 |
|  | Donpon Precision, Inc. | 14000 | 12542 |
|  \* | Dyaco International, Inc. | 22242 | 16446 |
|  | Dynamic Holding Co. Ltd. | 31000 | 41776 |
|  # | Dynapack International Technology Corp. | 23000 | 125071 |
|  \* | Eastern Media International Corp. | 45381 | 23224 |
|  | eCloudvalley Digital Technology Co. Ltd. | 4000 | 11259 |
|  \* | Edimax Technology Co. Ltd. | 45000 | 31833 |
|  | Edison Opto Corp. | 15000 | 9306 |
|  | Edom Technology Co. Ltd. | 20900 | 16026 |
|  \* | Elite Advanced Laser Corp. | 23000 | 148959 |
|  | Elitegroup Computer Systems Co. Ltd. | 59000 | 28623 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |  |
|  | Emerging Display Technologies Corp. | 48000 | $36078 |
|  | Ennoconn Corp. | 20000 | 168210 |
|  # | Ennostar, Inc. | 107975 | 122088 |
|  | EnTie Commercial Bank Co. Ltd. | 127000 | 51976 |
|  \* | Epileds Technologies, Inc. | 26000 | 18528 |
|  | Episil-Precision, Inc. | 11000 | 11690 |
|  | Eson Precision Ind Co. Ltd. | 20000 | 28196 |
|  | Eternal Materials Co. Ltd. | 158000 | 126645 |
|  | Eurocharm Holdings Co. Ltd. | 2000 | 9688 |
|  | Eva Airways Corp. | 396041 | 475697 |
|  \* | Everest Textile Co. Ltd. | 92326 | 19535 |
|  | Evergreen International Storage & Transport Corp. | 87000 | 78751 |
|  | EVERGREEN Steel Corp. | 33000 | 85288 |
|  | Everlight Chemical Industrial Corp. | 92000 | 48486 |
|  # | Everlight Electronics Co. Ltd. | 70000 | 167896 |
|  | Evertop Wire Cable Corp. | 16000 | 12100 |
|  | Excelsior Medical Co. Ltd. | 28837 | 78634 |
|  | Far Eastern Department Stores Ltd. | 151000 | 110839 |
|  | Far Eastern International Bank | 456848 | 183937 |
|  | Far Eastern New Century Corp. | 386000 | 397212 |
|  | Farglory F T Z Investment Holding Co. Ltd. | 26822 | 28812 |
|  # | Farglory Land Development Co. Ltd. | 48000 | 89623 |
|  \* | Federal Corp. | 50000 | 28005 |
|  | Feedback Technology Corp. | 10800 | 36323 |
|  | Feng Hsin Steel Co. Ltd. | 75000 | 141097 |
|  | First Hotel | 28000 | 11615 |
|  | First Insurance Co. Ltd. | 45000 | 41540 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |  |
|  \* | First Steamship Co. Ltd. | 184010 | $35487 |
|  | FIT Holding Co. Ltd. | 32000 | 47047 |
|  | Fitipower Integrated Technology, Inc. | 17050 | 117042 |
|  | FLEXium Interconnect, Inc. | 45000 | 71457 |
|  | Flytech Technology Co. Ltd. | 10000 | 35546 |
|  | FocalTech Systems Co. Ltd. | 28000 | 54467 |
|  \* | Forest Water Environment Engineering Co. Ltd. | 17544 | 16470 |
|  | Formosa Advanced Technologies Co. Ltd. | 29000 | 24116 |
|  | Formosa Chemicals & Fibre Corp. | 577000 | 450900 |
|  | Formosa Laboratories, Inc. | 22704 | 42919 |
|  | Formosa Optical Technology Co. Ltd. | 6000 | 26127 |
|  | Formosa Taffeta Co. Ltd. | 59000 | 30584 |
|  | Formosan Rubber Group, Inc. | 62100 | 48578 |
|  | Formosan Union Chemical | 70400 | 38186 |
|  | Founding Construction & Development Co. Ltd. | 45000 | 24696 |
|  | Foxconn Technology Co. Ltd. | 177000 | 329449 |
|  | Foxsemicon Integrated Technology, Inc. | 12000 | 102840 |
|  | Franbo Lines Corp. | 19997 | 12503 |
|  | Froch Enterprise Co. Ltd. | 41000 | 19326 |
|  # | FSP Technology, Inc. | 30000 | 50623 |
|  | Fu Chun Shin Machinery Manufacture Co. Ltd. | 20000 | 10356 |
|  | Fu Hua Innovation Co. Ltd. | 62949 | 74035 |
|  | Fulgent Sun International Holding Co. Ltd. | 28063 | 89420 |
|  | Fullerton Technology Co. Ltd. | 18000 | 13962 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |  |
|  #\* | Fulltech Fiber Glass Corp. | 71436 | $61100 |
|  | Fwusow Industry Co. Ltd. | 55009 | 24350 |
|  | G Shank Enterprise Co. Ltd. | 38122 | 87119 |
|  | Gamania Digital Entertainment Co. Ltd. | 28000 | 64296 |
|  \* | GCS Holdings, Inc. | 10000 | 29136 |
|  | GEM Services, Inc. | 11000 | 22333 |
|  | Gemtek Technology Corp. | 74000 | 65822 |
|  \* | General Interface Solution GIS Holding Ltd. | 31000 | 45485 |
|  | General Plastic Industrial Co. Ltd. | 14000 | 13921 |
|  | Genius Electronic Optical Co. Ltd. | 13000 | 152693 |
|  | GeoVision, Inc. | 15130 | 29699 |
|  | Giant Manufacturing Co. Ltd. | 46000 | 187782 |
|  | Giantplus Technology Co. Ltd. | 79000 | 32755 |
|  \* | Gigasolar Materials Corp. | 4000 | 7928 |
|  \* | Gigastorage Corp. | 23000 | 8792 |
|  | Global Brands Manufacture Ltd. | 62600 | 119252 |
|  | Global Lighting Technologies, Inc. | 17000 | 23909 |
|  | Global PMX Co. Ltd. | 10000 | 28792 |
|  # | Globalwafers Co. Ltd. | 33000 | 318485 |
|  | Globe Union Industrial Corp. | 48910 | 16692 |
|  | Gloria Material Technology Corp. | 78000 | 107672 |
|  | GMI Technology, Inc. | 18180 | 30334 |
|  | Golden Long Teng Development Co. Ltd. | 11000 | 9797 |
|  | Goldsun Building Materials Co. Ltd. | 135543 | 166500 |
|  | Good Finance Securities Co. Ltd. | 40000 | 25958 |
|  | Good Will Instrument Co. Ltd. | 14000 | 18357 |
|  | Gordon Auto Body Parts | 23000 | 24543 |
|  | Gourmet Master Co. Ltd. | 18000 | 51542 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |  |
|  | Grand Fortune Securities Co. Ltd. | 53000 | $20396 |
|  #\* | Grand Pacific Petrochemical | 226627 | 83531 |
|  | Grape King Bio Ltd. | 8000 | 34071 |
|  | Great China Metal Industry | 26000 | 18662 |
|  | Great Wall Enterprise Co. Ltd. | 104000 | 194617 |
|  | Greatek Electronics, Inc. | 49000 | 84257 |
|  | GTM Holdings Corp. | 24000 | 23920 |
|  | Hannstar Board Corp. | 43361 | 64406 |
|  \* | HannStar Display Corp. | 381000 | 84416 |
|  \* | HannsTouch Holdings Co. | 139194 | 30616 |
|  | Hanpin Electron Co. Ltd. | 14000 | 20501 |
|  | Heran Co. Ltd. | 10000 | 26597 |
|  | Hey Song Corp. | 53000 | 64827 |
|  | Highwealth Construction Corp. | 207665 | 265420 |
|  | Hitron Technology, Inc. | 13000 | 8834 |
|  | Hiwin Technologies Corp. | 27000 | 186377 |
|  | Ho Tung Chemical Corp. | 176000 | 46303 |
|  | Hocheng Corp. | 45100 | 25163 |
|  | Holdings-Key Electric Wire & Cable Co. Ltd. | 10000 | 12069 |
|  | Holy Stone Enterprise Co. Ltd. | 25950 | 67898 |
|  | Hong Ho Precision Textile Co. Ltd. | 6000 | 4878 |
|  | Hong Pu Real Estate Development Co. Ltd. | 35000 | 32525 |
|  | Hong TAI Electric Industrial | 58000 | 55940 |
|  # | Hota Industrial Manufacturing Co. Ltd. | 36000 | 71650 |
|  # | Hotai Finance Co. Ltd. | 43200 | 91812 |
|  | Hsin Kuang Steel Co. Ltd. | 44000 | 59404 |
|  | Hsing TA Cement Co. | 29000 | 15209 |
|  | Hu Lane Associate, Inc. | 13325 | 63262 |
|  | HUA ENG Wire & Cable Co. Ltd. | 37000 | 28510 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |  |
|  | Huaku Development Co. Ltd. | 48400 | $157888 |
|  | Huang Hsiang Construction Corp. | 20000 | 32287 |
|  | Hung Ching Development & Construction Co. Ltd. | 31000 | 28364 |
|  | Hung Sheng Construction Ltd. | 80680 | 57568 |
|  | Hwa Fong Rubber Industrial Co. Ltd. | 63880 | 34791 |
|  | Hwacom Systems, Inc. | 40000 | 26789 |
|  | Ibase Technology, Inc. | 5000 | 9576 |
|  # | IBF Financial Holdings Co. Ltd. | 485744 | 183936 |
|  | Ichia Technologies, Inc. | 47000 | 54075 |
|  | IEI Integration Corp. | 29600 | 78056 |
|  | Infortrend Technology, Inc. | 52000 | 40336 |
|  | Info-Tek Corp. | 14000 | 13512 |
|  | Innolux Corp. | 838627 | 359150 |
|  | Inpaq Technology Co. Ltd. | 19954 | 42798 |
|  | Integrated Service Technology, Inc. | 6000 | 19054 |
|  \* | IntelliEPI, Inc. | 7000 | 21105 |
|  \* | International CSRC Investment Holdings Co. | 150600 | 50057 |
|  | Iron Force Industrial Co. Ltd. | 10371 | 31175 |
|  | I-Sheng Electric Wire & Cable Co. Ltd. | 18000 | 28664 |
|  | ITEQ Corp. | 35000 | 70288 |
|  | Jean Co. Ltd. | 18403 | 13486 |
|  | Jia Wei Lifestyle, Inc. | 7000 | 10967 |
|  | Jih Lin Technology Co. Ltd. | 6000 | 8792 |
|  | Jiin Yeeh Ding Enterprise Co. Ltd. | 7000 | 14075 |
|  | Johnson Health Tech Co. Ltd. | 13000 | 70146 |
|  | K Laser Technology, Inc. | 27000 | 14358 |
|  | Kaimei Electronic Corp. | 18400 | 32511 |
|  | Kedge Construction Co. Ltd. | 9290 | 22909 |
|  | KEE TAI Properties Co. Ltd. | 75110 | 29782 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |  |
|  | Kenda Rubber Industrial Co. Ltd. | 106975 | $78911 |
|  | Kerry TJ Logistics Co. Ltd. | 37000 | 41059 |
|  | Kindom Development Co. Ltd. | 68900 | 109910 |
|  | King Chou Marine Technology Co. Ltd. | 8000 | 11094 |
|  # | King's Town Bank Co. Ltd. | 138000 | 208929 |
|  | Kingstate Electronics Corp. | 7000 | 8281 |
|  | Kinko Optical Co. Ltd. | 31455 | 24378 |
|  | Kinpo Electronics | 184000 | 114905 |
|  | Kinsus Interconnect Technology Corp. | 52000 | 122837 |
|  | KMC Kuei Meng International, Inc. | 7000 | 21189 |
|  | Ko Ja Cayman Co. Ltd. | 12000 | 14680 |
|  | KS Terminals, Inc. | 19000 | 32813 |
|  \* | Kung Sing Engineering Corp. | 75900 | 29077 |
|  | Kuo Toong International Co. Ltd. | 29399 | 50851 |
|  | Kuo Yang Construction Co. Ltd. | 28000 | 17467 |
|  | Kwong Lung Enterprise Co. Ltd. | 23000 | 37442 |
|  | L&K Engineering Co. Ltd. | 5124 | 37872 |
|  # | Laser Tek Taiwan Co. Ltd. | 17000 | 22824 |
|  | Laster Tech Corp. Ltd. | 19000 | 17018 |
|  | Leadtrend Technology Corp. | 6000 | 9264 |
|  \* | Lealea Enterprise Co. Ltd. | 135200 | 31476 |
|  | LEE CHI Enterprises Co. Ltd. | 21000 | 7348 |
|  | Lelon Electronics Corp. | 14000 | 31673 |
|  | Lemtech Holdings Co. Ltd. | 4000 | 11154 |
|  | Leo Systems, Inc. | 21000 | 20295 |
|  \* | Leofoo Development Co. Ltd. | 17000 | 9153 |
|  \* | Li Peng Enterprise Co. Ltd. | 119000 | 23208 |
|  | Lien Hwa Industrial Holdings Corp. | 151200 | 207211 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |  |
|  | Lingsen Precision Industries Ltd. | 77000 | $33943 |
|  | Lite-On Technology Corp. | 6000 | 18145 |
|  | Liton Technology Corp. | 8000 | 8513 |
|  \* | Long Bon International Co. Ltd. | 29000 | 15555 |
|  | Long Da Construction & Development Corp. | 66000 | 72255 |
|  \* | Longchen Paper & Packaging Co. Ltd. | 159808 | 45605 |
|  | Longwell Co. | 23000 | 55084 |
|  | Lucky Cement Corp. | 40000 | 17294 |
|  | Lumax International Corp. Ltd. | 19800 | 58955 |
|  \* | Lung Yen Life Service Corp. | 33000 | 70154 |
|  | Macauto Industrial Co. Ltd. | 6000 | 9565 |
|  | Macroblock, Inc. | 4000 | 7670 |
|  # | Macronix International Co. Ltd. | 167000 | 103794 |
|  | MacroWell OMG Digital Entertainment Co. Ltd. | 4000 | 9728 |
|  \* | Magnate Technology Co. Ltd. | 10000 | 15374 |
|  | Mayer Steel Pipe Corp. | 36000 | 32152 |
|  | Megaforce Co. Ltd. | 19000 | 16363 |
|  | Meiloon Industrial Co. | 22400 | 15618 |
|  | Mercuries & Associates Holding Ltd. | 121517 | 51915 |
|  | Mercuries Data Systems Ltd. | 13000 | 10126 |
|  \* | Mercuries Life Insurance Co. Ltd. | 569746 | 98474 |
|  | Merida Industry Co. Ltd. | 10000 | 41477 |
|  | Merry Electronics Co. Ltd. | 36933 | 130775 |
|  | METAAGE Corp. | 17000 | 27161 |
|  | Mildef Crete, Inc. | 7000 | 21824 |
|  | MIN AIK Technology Co. Ltd. | 28000 | 22451 |
|  | Mitac Holdings Corp. | 172944 | 288023 |
|  \* | MOSA Industrial Corp. | 38393 | 22596 |
|  | Motech Industries, Inc. | 65000 | 38198 |
|  | Namchow Holdings Co. Ltd. | 27000 | 39749 |
|  | Nan Ya Printed Circuit Board Corp. | 26000 | 80298 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |  |
|  | Nang Kuang Pharmaceutical Co. Ltd. | 9000 | $10307 |
|  | Nantex Industry Co. Ltd. | 49000 | 41031 |
|  \* | Nanya Technology Corp. | 63000 | 71130 |
|  | National Aerospace Fasteners Corp. | 11000 | 32558 |
|  \* | New Asia Construction & Development Corp. | 54000 | 31227 |
|  | New Best Wire Industrial Co. Ltd. | 11000 | 9414 |
|  | Nichidenbo Corp. | 24000 | 48446 |
|  | Nien Hsing Textile Co. Ltd. | 23000 | 13207 |
|  | Niko Semiconductor Co. Ltd. | 10579 | 13171 |
|  | Nishoku Technology, Inc. | 7000 | 30087 |
|  | Nuvoton Technology Corp. | 38000 | 81662 |
|  | O-Bank Co. Ltd. | 208909 | 62131 |
|  | Ocean Plastics Co. Ltd. | 29000 | 31511 |
|  | Optimax Technology Corp. | 17000 | 16925 |
|  | Orient Europharma Co. Ltd. | 8000 | 11494 |
|  | Orient Semiconductor Electronics Ltd. | 64000 | 64401 |
|  | Oriental Union Chemical Corp. | 129000 | 54933 |
|  | O-TA Precision Industry Co. Ltd. | 8000 | 16564 |
|  | Pacific Construction Co. | 68000 | 21713 |
|  | Pacific Hospital Supply Co. Ltd. | 6000 | 17390 |
|  \* | Paiho Shih Holdings Corp. | 30500 | 20656 |
|  | Pan Asia Chemical Corp. | 25560 | 8413 |
|  | Pan German Universal Motors Ltd. | 3000 | 26694 |
|  | Pan Jit International, Inc. | 56000 | 77836 |
|  | Pan-International Industrial Corp. | 76000 | 89891 |
|  | Parpro Corp. | 23000 | 30906 |
|  \* | PChome Online, Inc. | 22575 | 26440 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |  |
|  \* | Phihong Technology Co. Ltd. | 32000 | $25804 |
|  | Phison Electronics Corp. | 14000 | 195757 |
|  | Phoenix Silicon International Corp. | 21000 | 85816 |
|  | Polytronics Technology Corp. | 7000 | 9378 |
|  | Pou Chen Corp. | 410000 | 422205 |
|  \* | Powerchip Semiconductor Manufacturing Corp. | 386000 | 170646 |
|  | Powertech Technology, Inc. | 120000 | 407762 |
|  | President Securities Corp. | 158539 | 116862 |
|  | Primax Electronics Ltd. | 68000 | 158875 |
|  | Prince Housing & Development Corp. | 218000 | 62152 |
|  | Prosperity Dielectrics Co. Ltd. | 28000 | 31041 |
|  | Qisda Corp. | 235000 | 196858 |
|  | QST International Corp. | 21707 | 36522 |
|  | Qualipoly Chemical Corp. | 15000 | 25570 |
|  | Quang Viet Enterprise Co. Ltd. | 9000 | 23677 |
|  | Quanta Storage, Inc. | 33000 | 83672 |
|  \* | Quintain Steel Co. Ltd. | 56139 | 17452 |
|  | Radiant Opto-Electronics Corp. | 69000 | 320524 |
|  | Radium Life Tech Co. Ltd. | 125786 | 49645 |
|  | Raydium Semiconductor Corp. | 7000 | 71184 |
|  | Rechi Precision Co. Ltd. | 61000 | 56732 |
|  | Rexon Industrial Corp. Ltd. | 18000 | 17962 |
|  | Rich Development Co. Ltd. | 149350 | 42050 |
|  \* | RiTdisplay Corp. | 16000 | 17147 |
|  \* | Ritek Corp. | 142121 | 47369 |
|  | Ruentex Development Co. Ltd. | 298500 | 307259 |
|  | Ruentex Industries Ltd. | 118071 | 202910 |
|  | Run Long Construction Co. Ltd. | 52000 | 52586 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |  |
|  | Sampo Corp. | 55200 | $43940 |
|  | San Fang Chemical Industry Co. Ltd. | 32000 | 39348 |
|  | Sanyang Motor Co. Ltd. | 14000 | 30337 |
|  | Savior Lifetec Corp. | 72000 | 43421 |
|  | SCI Pharmtech, Inc. | 11000 | 24801 |
|  | ScinoPharm Taiwan Ltd. | 41000 | 24088 |
|  | Sea Sonic Electronics Co. Ltd. | 4000 | 7927 |
|  | Senao International Co. Ltd. | 10000 | 9924 |
|  | Sercomm Corp. | 43000 | 140926 |
|  | Sesoda Corp. | 48776 | 50702 |
|  | Shanghai Commercial & Savings Bank Ltd. | 544000 | 802220 |
|  | Sharehope Medicine Co. Ltd. | 12480 | 10780 |
|  | Sheh Fung Screws Co. Ltd. | 7000 | 8892 |
|  | Sheng Yu Steel Co. Ltd. | 27000 | 20231 |
|  | ShenMao Technology, Inc. | 16000 | 29276 |
|  | Shih Her Technologies, Inc. | 7000 | 21708 |
|  \* | Shih Wei Navigation Co. Ltd. | 66708 | 33739 |
|  | Shihlin Electric & Engineering Corp. | 29000 | 130020 |
|  \* | Shin Kong Financial Holding Co. Ltd. | 2570684 | 948620 |
|  | Shin Zu Shing Co. Ltd. | 3862 | 22531 |
|  \* | Shining Building Business Co. Ltd. | 68330 | 22690 |
|  | Shinkong Insurance Co. Ltd. | 38000 | 126901 |
|  | Shinkong Synthetic Fibers Corp. | 221000 | 86409 |
|  | Shinkong Textile Co. Ltd. | 27000 | 34754 |
|  | Shuttle, Inc. | 55000 | 28961 |
|  | Sigurd Microelectronics Corp. | 72726 | 164803 |
|  | Silicon Integrated Systems Corp. | 48620 | 74106 |
|  | Simplo Technology Co. Ltd. | 28000 | 306484 |
|  | Sincere Navigation Corp. | 48410 | 35145 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |  |
|  | Sino-American Silicon Products, Inc. | 68000 | $235732 |
|  | Sinon Corp. | 70000 | 87811 |
|  | Sinphar Pharmaceutical Co. Ltd. | 22680 | 22541 |
|  | Sinyi Realty, Inc. | 30000 | 26205 |
|  | Sirtec International Co. Ltd. | 10000 | 9063 |
|  | Siward Crystal Technology Co. Ltd. | 28000 | 18364 |
|  | Soft-World International Corp. | 8000 | 25025 |
|  | Solteam, Inc. | 9598 | 14499 |
|  | Song Shang Electronics Co. Ltd. | 22000 | 18243 |
|  | Sonix Technology Co. Ltd. | 24000 | 26165 |
|  | Southeast Cement Co. Ltd. | 38000 | 21948 |
|  | Speed Tech Corp. | 13000 | 16784 |
|  | Sports Gear Co. Ltd. | 17000 | 61783 |
|  | St. Shine Optical Co. Ltd. | 8000 | 43081 |
|  | Standard Chemical & Pharmaceutical Co. Ltd. | 15000 | 27367 |
|  | Standard Foods Corp. | 72000 | 75969 |
|  | S-Tech Corp. | 19000 | 17240 |
|  | Sumeeko Industries Co. Ltd. | 4000 | 10278 |
|  | Sun Max Tech Ltd. | 6000 | 8754 |
|  \* | Sunko INK Co. Ltd. | 37000 | 13809 |
|  | Sunny Friend Environmental Technology Co. Ltd. | 10000 | 24597 |
|  \* | Sunplus Technology Co. Ltd. | 76000 | 51014 |
|  | Sunrex Technology Corp. | 30000 | 49377 |
|  | Sunspring Metal Corp. | 14177 | 11714 |
|  | Superalloy Industrial Co. Ltd. | 33000 | 64128 |
|  | Supreme Electronics Co. Ltd. | 78219 | 124654 |
|  | Swancor Holding Co. Ltd. | 10000 | 23192 |
|  | Sweeten Real Estate Development Co. Ltd. | 36664 | 35760 |
|  | Symtek Automation Asia Co. Ltd. | 9346 | 45338 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |  |
|  | Syncmold Enterprise Corp. | 21000 | $52396 |
|  | Synmosa Biopharma Corp. | 52987 | 53537 |
|  | Synnex Technology International Corp. | 220000 | 488078 |
|  | Syn-Tech Chem & Pharm Co. Ltd. | 5000 | 14579 |
|  | Systex Corp. | 28000 | 105804 |
|  | T3EX Global Holdings Corp. | 18000 | 39826 |
|  | TA Chen Stainless Pipe | 311654 | 409624 |
|  | Ta Ya Electric Wire & Cable | 139160 | 155935 |
|  | TA-I Technology Co. Ltd. | 20000 | 29245 |
|  \* | Tai Tung Communication Co. Ltd. | 22000 | 14442 |
|  | Taichung Commercial Bank Co. Ltd. | 708476 | 439397 |
|  | TaiDoc Technology Corp. | 8000 | 33524 |
|  | Taiflex Scientific Co. Ltd. | 40792 | 56998 |
|  | Taimide Tech, Inc. | 20000 | 31801 |
|  | Tainan Enterprises Co. Ltd. | 28000 | 26309 |
|  | Tainan Spinning Co. Ltd. | 207000 | 77952 |
|  \* | Taisun Enterprise Co. Ltd. | 40000 | 25867 |
|  | TAI-TECH Advanced Electronics Co. Ltd. | 8000 | 23794 |
|  | Taiwan Business Bank | 1317189 | 583367 |
|  | Taiwan Chinsan Electronic Industrial Co. Ltd. | 13791 | 13443 |
|  | Taiwan Cogeneration Corp. | 83000 | 106057 |
|  | Taiwan Environment Scientific Co. Ltd. | 13000 | 8690 |
|  | Taiwan Fertilizer Co. Ltd. | 132000 | 211731 |
|  | Taiwan Fire & Marine Insurance Co. Ltd. | 54000 | 58021 |
|  | Taiwan FU Hsing Industrial Co. Ltd. | 39000 | 57870 |
|  #\* | Taiwan Glass Industry Corp. | 208000 | 91538 |
|  | Taiwan Hon Chuan Enterprise Co. Ltd. | 17378 | 84104 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |  |
|  | Taiwan Hopax Chemicals Manufacturing Co. Ltd. | 26697 | $26621 |
|  †† | Taiwan Land |  |  |
|  | Development Corp. | 217000 | 3409 |
|  | Taiwan Mask Corp. | 31000 | 30278 |
|  | Taiwan Navigation Co. Ltd. | 66000 | 57094 |
|  | Taiwan Paiho Ltd. | 47000 | 85869 |
|  | Taiwan PCB Techvest Co. Ltd. | 53000 | 49868 |
|  | Taiwan Sanyo Electric Co. Ltd. | 21000 | 24926 |
|  | Taiwan Semiconductor Co. Ltd. | 28000 | 40739 |
|  | Taiwan Shin Kong Security Co. Ltd. | 51510 | 65935 |
|  | Taiwan Surface Mounting Technology Corp. | 41000 | 131381 |
|  \* | Taiwan TEA Corp. | 91000 | 46669 |
|  | Taiwan-Asia Semiconductor Corp. | 65000 | 44278 |
|  | Taiyen Biotech Co. Ltd. | 15000 | 14749 |
|  #\* | Tatung Co. Ltd. | 185000 | 235256 |
|  \* | TBI Motion Technology Co. Ltd. | 19000 | 23720 |
|  | TCI Co. Ltd. | 19000 | 88344 |
|  | Te Chang Construction Co. Ltd. | 13000 | 23279 |
|  | Teco Electric & Machinery Co. Ltd. | 296000 | 453621 |
|  | Test Rite International Co. Ltd. | 46000 | 29322 |
|  | Thinking Electronic Industrial Co. Ltd. | 12000 | 48026 |
|  | Thye Ming Industrial Co. Ltd. | 22400 | 50234 |
|  | Ton Yi Industrial Corp. | 154000 | 87203 |
|  | Tong Hsing Electronic Industries Ltd. | 17280 | 57274 |
|  | Tong Yang Industry Co. Ltd. | 58000 | 238653 |
|  | Tong-Tai Machine & Tool Co. Ltd. | 46000 | 35973 |
|  | Top Bright Holding Co. Ltd. | 3000 | 13611 |
|  | Top Union Electronics Corp. | 34967 | 35678 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |  |
|  | Topco Technologies Corp. | 6000 | $12132 |
|  | Topkey Corp. | 11000 | 62467 |
|  | Topoint Technology Co. Ltd. | 17000 | 14293 |
|  \* | TPK Holding Co. Ltd. | 67000 | 64455 |
|  # | Transcend Information, Inc. | 39000 | 122586 |
|  | Tripod Technology Corp. | 70000 | 404161 |
|  | TSC Auto ID Technology Co. Ltd. | 4000 | 23171 |
|  | TSEC Corp. | 63000 | 30875 |
|  | TSRC Corp. | 90000 | 52771 |
|  | Tung Ho Steel Enterprise Corp. | 77850 | 157218 |
|  | Tung Thih Electronic Co. Ltd. | 13200 | 27547 |
|  | TURVO International Co. Ltd. | 6000 | 32732 |
|  | TYC Brother Industrial Co. Ltd. | 38000 | 57526 |
|  | Tyntek Corp. | 52000 | 25932 |
|  | Ubright Optronics Corp. | 10000 | 25472 |
|  | UDE Corp. | 17000 | 43560 |
|  | U-Ming Marine Transport Corp. | 82000 | 134672 |
|  | Unic Technology Corp. | 25000 | 23001 |
|  | Unimicron Technology Corp. | 159000 | 469060 |
|  | Union Bank of Taiwan | 364723 | 189796 |
|  \* | Union Insurance Co. Ltd. | 10000 | 9056 |
|  | Unitech Computer Co. Ltd. | 19000 | 22878 |
|  \* | Unitech Printed Circuit Board Corp. | 113032 | 85595 |
|  \* | United Alloy-Tech Co. | 11000 | 15980 |
|  | United Orthopedic Corp. | 11000 | 30746 |
|  \* | United Renewable Energy Co. Ltd. | 107000 | 28780 |
|  \*†† | Unity Opto Technology Co. Ltd. | 46000 | 0 |
|  | Univacco Technology, Inc. | 9000 | 13854 |
|  | Universal Cement Corp. | 94440 | 82668 |
|  | UPC Technology Corp. | 149316 | 38905 |
|  | USI Corp. | 142000 | 45380 |
|  | Utechzone Co. Ltd. | 4000 | 11634 |
|  | Value Valves Co. Ltd. | 7000 | 18736 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |  |
|  | Ve Wong Corp. | 24000 | $28623 |
|  | Ventec International Group Co. Ltd. | 10000 | 21258 |
|  | Via Technologies, Inc. | 10000 | 22698 |
|  | Viking Tech Corp. | 10000 | 9862 |
|  | Wafer Works Corp. | 90555 | 57057 |
|  | Wah Lee Industrial Corp. | 33660 | 100205 |
|  | Walsin Lihwa Corp. | 482607 | 312636 |
|  | Walsin Technology Corp. | 41000 | 100731 |
|  | Walton Advanced Engineering, Inc. | 49000 | 18858 |
|  \* | We&Win Diversification Co. Ltd. | 12000 | 8293 |
|  | WEI Chih Steel Industrial Co. Ltd. | 26000 | 14873 |
|  | Wei Chuan Foods Corp. | 66000 | 33564 |
|  | Weikeng Industrial Co. Ltd. | 69946 | 71776 |
|  | Well Shin Technology Co. Ltd. | 14000 | 25549 |
|  \* | Win Semiconductors Corp. | 46000 | 130429 |
|  #\* | Winbond Electronics Corp. | 508732 | 252178 |
|  | Winstek Semiconductor Co. Ltd. | 6000 | 16956 |
|  # | Wisdom Marine Lines Co. Ltd. | 80221 | 151758 |
|  | Wistron NeWeb Corp. | 43147 | 170161 |
|  | Wonderful Hi-Tech Co. Ltd. | 15000 | 17159 |
|  | WPG Holdings Ltd. | 295000 | 624982 |
|  | WT Microelectronics Co. Ltd. | 118721 | 434884 |
|  | WUS Printed Circuit Co. Ltd. | 28350 | 34320 |
|  | Xxentria Technology Materials Corp. | 28781 | 45710 |
|  | Ya Horng Electronic Co. Ltd. | 7000 | 12992 |
|  | YC INOX Co. Ltd. | 76633 | 51006 |
|  | Yea Shin International Development Co. Ltd. | 47864 | 50945 |
|  | Yem Chio Co. Ltd. | 82065 | 41403 |
|  \* | Yeong Guan Energy Technology Group Co. Ltd. | 17426 | 15990 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |  |
|  | YFC-Boneagle Electric Co. Ltd. | 14596 | $10048 |
|  | YFY, Inc. | 215000 | 175564 |
|  | Yi Jinn Industrial Co. Ltd. | 24150 | 12866 |
|  | Yieh Phui Enterprise Co. Ltd. | 177550 | 87829 |
|  | Young Fast Optoelectronics Co. Ltd. | 11000 | 17372 |
|  | Youngtek Electronics Corp. | 21000 | 40560 |
|  | Yuanta Futures Co. Ltd. | 28091 | 72262 |
|  | Yuen Foong Yu Consumer Products Co. Ltd. | 29000 | 37438 |
|  # | Yulon Finance Corp. | 41000 | 138519 |
|  | Yulon Motor Co. Ltd. | 99886 | 123022 |
|  | Yung Chi Paint & Varnish Manufacturing Co. Ltd. | 13000 | 30627 |
|  | YungShin Global Holding Corp. | 35000 | 71784 |
|  | Yusin Holding Corp. | 4428 | 15048 |
|  | Zeng Hsing Industrial Co. Ltd. | 11520 | 35870 |
|  | Zenitron Corp. | 34000 | 33820 |
|  | Zhen Ding Technology Holding Ltd. | 127000 | 389053 |
|  \* | Zig Sheng Industrial Co. Ltd. | 68000 | 20400 |
|  \* | Zinwell Corp. | 56000 | 20715 |
|  | Zippy Technology Corp. | 15000 | 24961 |
|  | Zyxel Group Corp. | 54930 | 51702 |
|  TOTAL TAIWAN | TOTAL TAIWAN | TOTAL TAIWAN | 44616029 |
|  THAILAND — (1.4%) | THAILAND — (1.4%) | THAILAND — (1.4%) |  |
|  | AAPICO Hitech PCL (AH/F TB) | 68970 | 24776 |
|  | AEON Thana Sinsap Thailand PCL | 15900 | 50216 |
|  | Amata Corp. PCL | 119300 | 52856 |
|  | AP Thailand PCL | 377800 | 90477 |
|  | Asia Plus Group Holdings PCL | 195300 | 11284 |
|  | Asian Sea Corp. PCL | 53800 | 12401 |
|  | Asset World Corp. PCL | 768800 | 50632 |
|  | Bangchak Corp. PCL | 160200 | 171446 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |  |
|  # | Bangkok Commercial Asset Management PCL | 331300 | $62977 |
|  | Bangkok Land PCL | 2877600 | 35319 |
|  | Bangkok Life Assurance PCL, NVDR | 95400 | 47978 |
|  | Banpu PCL | 1126100 | 144955 |
|  | Berli Jucker PCL | 159700 | 113781 |
|  | BKI Holdings PCL | 15820 | 133550 |
|  # | Cal-Comp Electronics Thailand PCL, Class F | 812421 | 144706 |
|  | Dhipaya Group Holdings PCL | 71700 | 41425 |
|  \* | Energy Absolute PCL | 347600 | 22684 |
|  | Frasers Property Thailand PCL | 79285 | 15546 |
|  # | Gunkul Engineering PCL | 870500 | 41434 |
|  | Hana Microelectronics PCL | 76600 | 44256 |
|  | ICC International PCL | 11679 | 11800 |
|  | Index Livingmall PCL | 26600 | 11228 |
|  | Indorama Ventures PCL | 120100 | 68310 |
|  | IRPC PCL | 2144300 | 55846 |
|  # | Jaymart Group Holdings PCL | 114400 | 29281 |
|  # | JMT Network Services PCL | 131600 | 54366 |
|  | KGI Securities Thailand PCL | 258200 | 30454 |
|  | Kiatnakin Phatra Bank PCL | 35100 | 52537 |
|  | Lalin Property PCL | 79100 | 11840 |
|  | Land & Houses PCL (LHF TB) | 1097500 | 139303 |
|  | Lanna Resources PCL  | 35700 | 16351 |
|  | LH Financial Group PCL | 755000 | 17629 |
|  | MBK PCL | 90110 | 41542 |
|  | MCS Steel PCL | 60100 | 13943 |
|  | MK Restaurants Group PCL | 61400 | 34923 |
|  | Ngern Tid Lor PCL | 154100 | 55357 |
|  | Northeast Rubber PCL | 190100 | 23332 |
|  | Polyplex Thailand PCL | 55700 | 18175 |
|  | Prima Marine PCL | 152700 | 27198 |
|  | Property Perfect PCL | 1219230 | 4015 |
|  | PTG Energy PCL | 132300 | 27921 |
|  | PTT Global Chemical PCL | 246000 | 127400 |
|  | Quality Houses PCL | 1256450 | 56419 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |  |
|  | Ratchthani Leasing PCL | 485400 | $21360 |
|  # | Regional Container Lines PCL | 83400 | 57173 |
|  | Rojana Industrial Park PCL | 153500 | 26881 |
|  | S Hotels & Resorts PCL | 218100 | 11099 |
|  | Saha Pathana Inter-Holding PCL | 22100 | 42176 |
|  | Saha Pathanapibul PCL | 16100 | 28556 |
|  | Saksiam Leasing PCL | 68200 | 7921 |
|  \* | Samart Corp. PCL | 185000 | 38490 |
|  | Sansiri PCL | 2836100 | 118012 |
|  | SC Asset Corp. PCL | 297500 | 20662 |
|  | SCG Packaging PCL | 110300 | 46557 |
|  | Siamgas & Petrochemicals PCL  | 137400 | 28586 |
|  \* | Singer Thailand PCL | 72700 | 14037 |
|  | Somboon Advance Technology PCL | 66900 | 23231 |
|  | SPCG PCL | 88600 | 20953 |
|  # | Sri Trang Agro-Industry PCL | 176151 | 71188 |
|  | Sri Trang Gloves Thailand PCL | 205300 | 42406 |
|  | Srisawad Corp. PCL | 29200 | 26661 |
|  | Star Petroleum Refining PCL | 218900 | 35713 |
|  \* | STP & I PCL | 134300 | 10051 |
|  # | Supalai PCL | 184200 | 87123 |
|  | Thai Oil PCL | 132400 | 106023 |
|  | Thai Stanley Electric PCL (STANLY-R TB), NVDR | 4800 | 31325 |
|  # | Thai Union Group PCL | 384400 | 124278 |
|  #\* | Thaicom PCL | 118200 | 32199 |
|  | Thaifoods Group PCL | 73800 | 11820 |
|  | Thanachart Capital PCL | 53000 | 75760 |
|  \* | Thonburi Healthcare Group PCL | 58000 | 16842 |
|  # | Thoresen Thai Agencies PCL | 351600 | 43365 |
|  | Tisco Financial Group PCL (TISCO/F TB) | 33500 | 98529 |
|  # | TPI Polene PCL | 1008400 | 28376 |
|  | TPI Polene Power PCL | 434701 | 27327 |
|  | Triple i Logistics PCL | 55000 | 7705 |
|  | Univanich Palm Oil PCL | 72000 | 19722 |

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**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |  |
|  #\* | VGI PCL | 684800 | $46740 |
|  #\* | Xspring Capital PCL | 1370399 | 32819 |
|  TOTAL THAILAND | TOTAL THAILAND | TOTAL THAILAND | 3723535 |
|  TURKEY — (0.9%) | TURKEY — (0.9%) | TURKEY — (0.9%) |  |
|  \* | Adese Alisveris Merkezleri Ticaret AS | 299922 | 18898 |
|  | Akcansa Cimento AS | 4742 | 17324 |
|  \* | Akenerji Elektrik Uretim AS | 61453 | 14144 |
|  | Aksa Akrilik Kimya Sanayii AS | 211332 | 52577 |
|  # | Alarko Holding AS | 45997 | 110247 |
|  | Albaraka Turk Katilim Bankasi AS | 207057 | 32466 |
|  | Anadolu Anonim Turk Sigorta Sirketi | 38526 | 87607 |
|  | Anadolu Hayat Emeklilik AS | 10998 | 22975 |
|  | Aygaz AS | 14660 | 48786 |
|  \* | Baticim Bati Anadolu Cimento Sanayii AS | 175707 | 24159 |
|  \* | Bera Holding AS | 105274 | 39847 |
|  #\* | Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret AS | 8144 | 77158 |
|  | Bursa Cimento Fabrikasi AS | 89116 | 17764 |
|  \* | Can2 Termik AS | 238806 | 10013 |
|  | Cimsa Cimento Sanayi VE Ticaret AS | 69895 | 85357 |
|  | Dogan Sirketler Grubu Holding AS | 238931 | 97063 |
|  | Dogus Otomotiv Servis ve Ticaret AS | 4183 | 21300 |
|  | Eczacibasi Yatirim Holding Ortakligi AS | 3603 | 16252 |
|  | EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS | 46993 | 53700 |
|  \* | Europen Endustri Insaat Sanayi VE Ticaret AS | 121073 | 16776 |
|  | Global Yatirim Holding AS | 267426 | 51235 |
|  | Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS | 2552 | 25608 |
|  \* | Gozde Girisim Sermayesi Yatirim Ortakligi AS | 50861 | 22948 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |  |
|  \* | GSD Holding AS | 257244 | $28110 |
|  | Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS | 63950 | 11099 |
|  \* | Ipek Dogal Enerji Kaynaklari Arastirma Ve Uretim AS | 18922 | 32811 |
|  \* | Is Finansal Kiralama AS | 66301 | 21762 |
|  \* | Isiklar Enerji ve Yapi Holding AS | 59047 | 15968 |
|  \* | Izdemir Enerji Elektrik Uretim AS | 77916 | 12887 |
|  \* | Izmir Demir Celik Sanayi AS | 108924 | 14155 |
|  \* | Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS (KRDMA TI), Class A | 74160 | 74748 |
|  \* | Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS (KRDMD TI), Class D | 144418 | 87671 |
|  \* | Kayseri Seker Fabrikasi AS | 22586 | 10082 |
|  \* | Kordsa Teknik Tekstil AS | 15454 | 22164 |
|  \* | Koza Anadolu Metal Madencilik Isletmeleri AS | 21858 | 49315 |
|  \* | Naturel Yenilenebilir Enerji Ticaret AS | 12485 | 14009 |
|  \* | NET Holding AS | 83578 | 79785 |
|  \* | ODAS Elektrik Uretim ve Sanayi Ticaret AS | 132141 | 16616 |
|  \* | Oyak Yatirim Menkul Degerler AS | 11684 | 7985 |
|  \* | Pegasus Hava Tasimaciligi AS | 6875 | 39983 |
|  \* | Peker Gayrimenkul Yatirim Ortakligi AS | 320340 | 11686 |
|  #\* | Petkim Petrokimya Holding AS | 140489 | 59209 |
|  | Platform Turizm Tasimacilik Gida Insaat Temizlik Hizmetleri Sanayi VE Ticaret AS | 30063 | 18098 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |  |
|  | Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS | 49726 | $24346 |
|  | Sekerbank Turk AS | 348287 | 47027 |
|  | Selcuk Ecza Deposu Ticaret ve Sanayi AS | 26314 | 44015 |
|  \* | TAV Havalimanlari Holding AS | 36389 | 216609 |
|  \* | Tekfen Holding AS | 43512 | 154990 |
|  \* | Tukas Gida Sanayi ve Ticaret AS | 250229 | 15560 |
|  \* | Tumosan Motor ve Traktor Sanayi AS | 7301 | 15823 |
|  \* | Turkiye Sinai Kalkinma Bankasi AS | 279313 | 76197 |
|  #\* | Ulker Biskuvi Sanayi AS | 34631 | 96314 |
|  | Vestel Beyaz Esya Sanayi ve Ticaret AS | 51990 | 15707 |
|  \* | Vestel Elektronik Sanayi ve Ticaret AS | 27153 | 28623 |
|  \* | Yayla Agro Gida Sanayi VE Nakliyat AS | 33919 | 7666 |
|  \* | Zorlu Enerji Elektrik Uretim AS | 371428 | 30961 |
|  TOTAL TURKEY | TOTAL TURKEY | TOTAL TURKEY | 2366185 |
|  UNITED ARAB EMIRATES — (1.9%) | UNITED ARAB EMIRATES — (1.9%) | UNITED ARAB EMIRATES — (1.9%) |  |
|  | Abu Dhabi National Hotels | 977572 | 138599 |
|  | Abu Dhabi National Insurance Co. PSC | 28687 | 48207 |
|  \* | Abu Dhabi Ports Co. PJSC | 102757 | 111217 |
|  | Agility Global PLC | 499068 | 166909 |
|  | Agthia Group PJSC | 52988 | 65234 |
|  | Air Arabia PJSC | 145646 | 138579 |
|  | Ajman Bank PJSC | 90939 | 37397 |
|  \* | AL Seer Marine Supplies & Equipment Co. LLC | 29407 | 23417 |
|  | Aldar Properties PJSC | 383104 | 862733 |
|  | Amanat Holdings PJSC | 183087 | 53809 |
|  \* | Amlak Finance PJSC | 113599 | 26062 |
|  \* | Aramex PJSC | 18278 | 13842 |
|  \* | Bank of Sharjah | 129355 | 32338 |
|  | Dana Gas PJSC | 815062 | 165337 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |  |  |
|  | Deyaar Development PJSC | 265756 | $| 66759 |
|  | Dubai Financial Market PJSC | 156945 |  | 58557 |
|  | Dubai Investments PJSC | 334612 |  | 211672 |
|  | Dubai Islamic Bank PJSC | 441639 |  | 909905 |
|  | Emaar Development PJSC | 174367 |  | 635432 |
|  | Emaar Properties PJSC | 40905 |  | 146164 |
|  \* | EMSTEEL Building Materials PJSC | 170002 |  | 53749 |
|  \* | Eshraq Investments PJSC | 292261 |  | 36310 |
|  \* | Ghitha Holding PJSC | 6301 |  | 30644 |
|  \* | Manazel PJSC | 286170 |  | 27502 |
|  \* | Modon Holding PSC | 253792 |  | 211067 |
|  \* | Multiply Group PJSC | 433891 |  | 254924 |
|  | National Bank of Ras Al-Khaimah PSC | 106807 |  | 197738 |
|  | NMDC Group PJSC | 375 |  | 2552 |
|  | Orascom Construction PLC | 3812 |  | 21006 |
|  \* | RAK Properties PJSC | 273289 |  | 94657 |
|  | Ras Al Khaimah Ceramics PJSC | 86789 |  | 58805 |
|  | Sharjah Islamic Bank | 53224 |  | 36230 |
|  \* | Union Properties PJSC | 680886 |  | 105636 |
|  TOTAL UNITED ARAB EMIRATES | TOTAL UNITED ARAB EMIRATES |  |  | 5042989 |
|  TOTAL COMMON STOCKS | TOTAL COMMON STOCKS |  |  | 258754243 |
|  PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) |
|  BRAZIL — (0.2%) | BRAZIL — (0.2%) |  |  |  |
|  | Alpargatas SA, 1.438% | 8000 |  | 10432 |
|  | Banco ABC Brasil SA, 7.581% | 16969 |  | 64884 |
|  W | Banco BMG SA, 10.131% | 39762 |  | 26694 |
|  | Banco do Estado do Rio Grande do Sul SA, 9.502% | 54440 |  | 110316 |
|  | Banco Pan SA, 3.173% | 58481 |  | 78419 |
|  | Cia de Ferro Ligas da Bahia FERBASA, 7.259% | 39200 |  | 50078 |

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |  |
|  | Eucatex SA Industria e Comercio, 5.851% | 11000 | $24364 |
|  | Marcopolo SA, 8.381% | 54358 | 67431 |
|  | Raizen SA, 0.553% | 83100 | 26504 |
|  | Randon SA Implementos e Participacoes, 4.054% | 40000 | 63223 |
|  | Schulz SA, 7.575% | 10700 | 10332 |
|  | Taurus Armas SA, 5.969% | 14200 | 21218 |
|  \* | Usinas Siderurgicas de Minas Gerais SA Usiminas | 85574 | 83385 |
|  TOTAL BRAZIL | TOTAL BRAZIL | TOTAL BRAZIL | 637280 |
|  COLOMBIA — (0.1%) | COLOMBIA — (0.1%) | COLOMBIA — (0.1%) |  |
|  | Grupo Aval Acciones y Valores SA, 3.937% | 120328 | 16345 |
|  | Grupo de Inversiones Suramericana SA, 3.782% | 18080 | 161222 |
|  TOTAL COLOMBIA | TOTAL COLOMBIA | TOTAL COLOMBIA | 177567 |
|  TOTAL PREFERRED STOCKS | TOTAL PREFERRED STOCKS | TOTAL PREFERRED STOCKS | 814847 |
|  RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |  |
|  BRAZIL — (0.0%) | BRAZIL — (0.0%) | BRAZIL — (0.0%) |  |
|  \* | Banco Pine SA Warrants 12/31/2049 | 27 | 4 |
|  \* | Diagnosticos da America SA Warrants 04/30/2025 | 583 | 0 |
|  TOTAL BRAZIL | TOTAL BRAZIL | TOTAL BRAZIL | 4 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (0.0%) | THAILAND — (0.0%) | THAILAND — (0.0%) |  |
|  \* | Better World Green PCL Warrants | 89216 | $0 |
|  \* | Better World Green PCL Warrants 08/13/2025 | 89217 | 26 |
|  \* | MBK PCL Rights 05/16/2025 | 9011 | 216 |
|  \* | Northeast Rubber PCL Warrants 05/15/2026 | 31683 | 171 |
|  \* | VGI PCL Warrants 09/03/2025 | 68480 | 1476 |
|  TOTAL THAILAND | TOTAL THAILAND |  | 1889 |
|  TOTAL RIGHTS/WARRANTS | TOTAL RIGHTS/WARRANTS |  | 1893 |
|  TOTAL INVESTMENT SECURITIES<br>(Cost $212,697,812) | TOTAL INVESTMENT SECURITIES<br>(Cost $212,697,812) |  | 259570983 |
|  |  |  | **Value†** |
|  SECURITIES LENDING COLLATERAL — (0.8%) | SECURITIES LENDING COLLATERAL — (0.8%) | SECURITIES LENDING COLLATERAL — (0.8%) |  |
|  @§ | The DFA Short Term Investment Fund | 172445 | 1994321 |
|  TOTAL INVESTMENTS — (100.0%)<br>(Cost $214,692,330) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $214,692,330) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $214,692,330) | $261565304 |

---

As of April 30, 2025, Emerging Markets Targeted Value Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration<br>Date** | **Notional<br>Value** | **Market<br>Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Position Contracts:** |  |  |  |  |  |
|  S&P 500<sup>®</sup> Emini Index | 7 | 06/20/25 | $1963775 | $1955450 | $(8325) |
|  **Total Futures Contracts** |  |  | **$1963775** | **$1955450** | **$(8325)** |

---

703

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS TARGETED VALUE PORTFOLIO** 

**CONTINUED** 

As of April 30, 2025, the value of Rule 144A securities amounted to $15,369,600 or 5.9% of net assets.

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Assets** |  |  |  |  |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Belgium |  | $252540 |  | $252540 |
| &nbsp;&nbsp;&nbsp;&nbsp; Brazil | $7888551 |  |  | 7888551 |
| &nbsp;&nbsp;&nbsp;&nbsp; Canada |  | 282764 |  | 282764 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chile | 726200 |  |  | 726200 |
| &nbsp;&nbsp;&nbsp;&nbsp; China | 3289373 | 56518554 | $5677 | 59813604 |
| &nbsp;&nbsp;&nbsp;&nbsp; Colombia | 402383 |  |  | 402383 |
| &nbsp;&nbsp;&nbsp;&nbsp; Greece |  | 1457515 |  | 1457515 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hong Kong |  | 7070700 | 5335 | 7076035 |
| &nbsp;&nbsp;&nbsp;&nbsp; India | 370504 | 54895703 |  | 55266207 |
| &nbsp;&nbsp;&nbsp;&nbsp; Indonesia |  | 4380935 | 5460 | 4386395 |
| &nbsp;&nbsp;&nbsp;&nbsp; Kuwait |  | 2064038 |  | 2064038 |
| &nbsp;&nbsp;&nbsp;&nbsp; Malaysia |  | 4664817 |  | 4664817 |
| &nbsp;&nbsp;&nbsp;&nbsp; Mexico | 5090628 | 307218 |  | 5397846 |
| &nbsp;&nbsp;&nbsp;&nbsp; Philippines |  | 1580989 |  | 1580989 |
| &nbsp;&nbsp;&nbsp;&nbsp; Poland |  | 3990438 |  | 3990438 |
| &nbsp;&nbsp;&nbsp;&nbsp; Qatar |  | 2103044 |  | 2103044 |
| &nbsp;&nbsp;&nbsp;&nbsp; Saudi Arabia |  | 9531545 |  | 9531545 |
| &nbsp;&nbsp;&nbsp;&nbsp; Singapore |  | 362568 |  | 362568 |
| &nbsp;&nbsp;&nbsp;&nbsp; South Africa | 781520 | 6838161 |  | 7619681 |
| &nbsp;&nbsp;&nbsp;&nbsp; South Korea | 17544 | 28107778 | 13023 | 28138345 |
| &nbsp;&nbsp;&nbsp;&nbsp; Taiwan |  | 44612620 | 3409 | 44616029 |
| &nbsp;&nbsp;&nbsp;&nbsp; Thailand | 79303 | 3644232 |  | 3723535 |
| &nbsp;&nbsp;&nbsp;&nbsp; Turkey |  | 2366185 |  | 2366185 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Arab Emirates |  | 5042989 |  | 5042989 |
|  Preferred Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Brazil | 637280 |  |  | 637280 |
| &nbsp;&nbsp;&nbsp;&nbsp; Colombia | 177567 |  |  | 177567 |
|  Rights/Warrants |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Brazil |  | 4 |  | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp; Thailand |  | 1889 |  | 1889 |
|  Securities Lending Collateral |  | 1994321 |  | 1994321 |
|  Total Investments in Securities | $19460853 | $242071547 | $32,904<> | $261565304 |
|  **Financial Instruments** |  |  |  |  |
|  **Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts\*\* | (8325) |  |  | (8325) |
|  Total Financial Instruments | $(8325) |  |  | $(8325) |

---

\*\* Valued at the unrealized appreciation/(depreciation) on the investment.

---

| | |
|:---|:---|
| <> | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.  |

---

See accompanying Notes to Financial Statements.

704

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COMMON STOCKS — (97.9%) | COMMON STOCKS — (97.9%) |  |  |
|  BELGIUM — (0.0%) | BELGIUM — (0.0%) |  |  |
|  | Titan Cement International SA (TITC BB) | 7464 | $344709 |
|  | Titan Cement International SA (TITC GA) | 2871 | 133280 |
|  TOTAL BELGIUM | TOTAL BELGIUM |  | 477989 |
|  BRAZIL — (4.6%) | BRAZIL — (4.6%) |  |  |
|  \* | Allianca Saude e |  |  |
|  | Participacoes SA | 700 | 720 |
|  | Allied Tecnologia SA | 30010 | 37069 |
|  | Allos SA | 107984 | 404526 |
|  \* | Allpark Empreendimentos Participacoes e Servicos SA | 3800 | 1995 |
|  | Alupar Investimento SA | 58839 | 319537 |
|  # | Ambev SA (ABEV US), ADR | 112647 | 284997 |
|  | Ambev SA (ABEV3 BZ) | 164200 | 421556 |
|  \* | Ambipar Participacoes e Empreendimentos SA | 9800 | 210673 |
|  | Anima Holding SA | 108400 | 60932 |
|  | Armac Locacao Logistica E Servicos SA | 30400 | 23462 |
|  | Atacadao SA | 205800 | 310052 |
|  | Auren Energia SA | 9688 | 15244 |
|  \* | Automob Participacoes SA | 124787 | 5937 |
|  | B3 SA - Brasil Bolsa Balcao | 429691 | 1021388 |
|  | Banco Bradesco SA (BBDC3 BZ) | 128230 | 276337 |
|  | Banco BTG Pactual SA | 51769 | 347641 |
|  | Banco do Brasil SA | 323974 | 1651510 |
|  | Banco Santander Brasil SA | 264193 | 1374233 |
|  | BB Seguridade Participacoes SA | 108173 | 815231 |
|  | Bemobi Mobile Tech SA | 22569 | 75202 |
|  \* | Blau Farmaceutica SA | 19100 | 43449 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  | Boa Safra Sementes SA | 25164 | $45804 |
|  | BR Advisory Partners Participacoes SA | 43200 | 111898 |
|  | BrasilAgro - Co. Brasileira de Propriedades Agricolas | 21400 | 79866 |
|  | Brava Energia | 30102 | 92082 |
|  | BRF SA | 131409 | 525622 |
|  | Brisanet Servicos de Telecomunicacoes SA | 52808 | 25868 |
|  | C&A Modas SA | 72600 | 170270 |
|  | Caixa Seguridade Participacoes SA | 21431 | 61780 |
|  | Camil Alimentos SA | 43100 | 33112 |
|  | CCR SA | 211719 | 501770 |
|  | Centrais Eletricas Brasileiras SA | 99389 | 769697 |
|  \* | Cia Brasileira de Aluminio | 116542 | 80704 |
|  \* | Cia Brasileira de Distribuicao | 139573 | 104031 |
|  \* | Cia de Saneamento Basico do Estado de Sao Paulo SABESP (SBS US), ADR | 15888 | 323003 |
|  | Cia de Saneamento Basico do Estado de Sao Paulo SABESP (SBSP3 BZ) | 28000 | 561909 |
|  | Cia de Saneamento de Minas Gerais Copasa MG | 48800 | 184360 |
|  | Cia De Sanena Do Parana (SAPR11 BZ) | 81100 | 439143 |
|  | Cia De Sanena Do Parana (SAPR3 BZ)  | 49000 | 53100 |
|  | Cia Energetica de Minas Gerais (CMIG3 BZ) | 68013 | 182642 |
|  | Cia Paranaense de Energia - Copel | 132329 | 243432 |
|  | Cia Siderurgica Nacional SA (CSNA3 BZ) | 373420 | 611932 |
|  | CM Hospitalar SA | 42800 | 8673 |

---

705

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  | Cogna Educacao SA | 795158 | $361490 |
|  | Cosan SA | 158762 | 217365 |
|  | CPFL Energia SA | 34369 | 231281 |
|  | Cruzeiro do Sul Educacional SA | 87900 | 63348 |
|  | CSU Digital SA | 7400 | 22388 |
|  | Cury Construtora e Incorporadora SA | 50200 | 243696 |
|  | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 112800 | 492729 |
|  W | Desktop SA | 45900 | 74651 |
|  | Dexco SA | 179431 | 174842 |
|  \* | Diagnosticos da America SA | 39079 | 12119 |
|  | Dimed SA Distribuidora da Medicamentos | 32800 | 53057 |
|  | Direcional Engenharia SA | 43867 | 280973 |
|  | EcoRodovias Infraestrutura e Logistica SA | 78600 | 91548 |
|  | Eletromidia SA | 19227 | 103603 |
|  \* | Embraer SA (EMBR3 BZ) | 55900 | 639459 |
|  | Empreendimentos Pague Menos SA | 92983 | 54068 |
|  | Energisa SA | 72291 | 585191 |
|  \* | Eneva SA | 109924 | 261680 |
|  | Engie Brasil Energia SA | 32100 | 235130 |
|  | Equatorial Energia SA | 126915 | 823193 |
|  | Eternit SA | 11831 | 9423 |
|  | Even Construtora e Incorporadora SA | 56600 | 57347 |
|  | Ez Tec Empreendimentos e Participacoes SA | 45900 | 107407 |
|  | Fleury SA | 110897 | 253835 |
|  | Fras-Le SA | 17200 | 88619 |
|  | Gerdau SA, Sponsored ADR | 254500 | 664245 |
|  W | GPS Participacoes e Empreendimentos SA | 62352 | 165901 |
|  | Grendene SA | 74498 | 72986 |
|  \* | Grupo Casas Bahia SA | 53590 | 51370 |
|  | Grupo Mateus SA | 149894 | 203375 |
|  | Grupo SBF SA | 45800 | 85626 |
|  | Guararapes Confeccoes SA | 40600 | 58234 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  \*W | Hapvida Participacoes e Investimentos SA | 935114 | $382274 |
|  \* | Hidrovias do Brasil SA | 120450 | 64309 |
|  | Hypera SA | 151331 | 643173 |
|  | Intelbras SA Industria de Telecomunicacao Eletronica Brasileira | 19498 | 48615 |
|  | Iochpe Maxion SA | 46700 | 101380 |
|  | Irani Papel e Embalagem SA | 36400 | 51504 |
|  \* | IRB-Brasil Resseguros SA | 29015 | 244535 |
|  | Jalles Machado SA | 60949 | 42959 |
|  | JBS SA | 146962 | 1141483 |
|  | JHSF Participacoes SA | 146300 | 132247 |
|  | JSL SA | 47300 | 56175 |
|  | Kepler Weber SA | 51700 | 68324 |
|  | Klabin SA | 201819 | 658962 |
|  | Lavvi Empreendimentos Imobiliarios SA | 30822 | 56700 |
|  | Localiza Rent a Car SA | 108003 | 817566 |
|  | LOG Commercial Properties e Participacoes SA | 18200 | 67346 |
|  \* | Log-in Logistica Intermodal SA | 2700 | 10619 |
|  | Lojas Quero-Quero SA | 65679 | 31942 |
|  | Lojas Renner SA | 342103 | 880704 |
|  W | LWSA SA | 144627 | 91998 |
|  | M Dias Branco SA | 25021 | 111853 |
|  | Magazine Luiza SA | 95422 | 156707 |
|  | Mahle Metal Leve SA | 11900 | 62109 |
|  | Marcopolo SA | 59680 | 57417 |
|  | Marfrig Global Foods SA | 96765 | 366248 |
|  | Melnick Even Desenvolvimento Imobiliario SA | 39400 | 22494 |
|  | Mills Locacao Servicos e Logistica SA | 59365 | 106279 |
|  \* | Minerva SA | 56414 | 58749 |
|  | Moura Dubeux Engenharia SA | 30506 | 88479 |
|  | Movida Participacoes SA | 91209 | 113627 |
|  \* | MRV Engenharia e Participacoes SA | 166976 | 174180 |
|  | Multiplan Empreendimentos Imobiliarios SA | 95193 | 431754 |

---

706

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  | Natura & Co. Holding SA | 372182 | $623675 |
|  | Neoenergia SA | 41107 | 165872 |
|  \* | Oceanpact Servicos Maritimos SA | 56000 | 53482 |
|  | Odontoprev SA | 91420 | 172042 |
|  \* | Oncoclinicas do Brasil Servicos Medicos SA | 44129 | 47044 |
|  \* | Orizon Valorizacao de Residuos SA | 13856 | 119732 |
|  | Pet Center Comercio e Participacoes SA | 58396 | 47847 |
|  | Petroleo Brasileiro SA (PBR US), Sponsored ADR | 37001 | 417741 |
|  | Petroleo Brasileiro SA (PBRA US), Sponsored ADR | 221043 | 2334214 |
|  | Petroleo Brasileiro SA (PETR3 BZ) | 762502 | 4306175 |
|  | Petroreconcavo SA | 81497 | 184387 |
|  | Plano & Plano Desenvolvimento Imobiliario SA | 20800 | 42808 |
|  | Porto Seguro SA | 45300 | 351136 |
|  | Positivo Tecnologia SA | 49600 | 53750 |
|  \* | PRIO SA | 256834 | 1525576 |
|  \* | Qualicorp Consultoria e Corretora de Seguros SA | 146200 | 53069 |
|  | Raia Drogasil SA | 265460 | 928033 |
|  W | Rede D'Or Sao Luiz SA | 23517 | 132686 |
|  | Romi SA | 13303 | 21472 |
|  | Rumo SA | 103689 | 354452 |
|  | Santos Brasil Participacoes SA | 94349 | 225102 |
|  | Sao Carlos Empreendimentos e Participacoes SA | 3638 | 11840 |
|  | Sao Martinho SA | 83021 | 285409 |
|  # | Sendas Distribuidora SA (ASAI US), ADR | 1784 | 14486 |
|  | Sendas Distribuidora SA (ASAI3 BZ) | 423039 | 685044 |
|  W | Ser Educacional SA | 56800 | 59951 |
|  \* | Serena Energia SA | 91826 | 158567 |
|  \* | Simpar SA | 126800 | 119759 |
|  | SLC Agricola SA | 47856 | 166880 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  | Smartfit Escola de Ginastica e Danca SA | 75969 | $327294 |
|  | Suzano SA (SUZB3 BZ) | 156192 | 1378306 |
|  | Tegma Gestao Logistica SA | 15400 | 96766 |
|  # | Telefonica Brasil SA (VIV US), ADR | 13442 | 130522 |
|  | Telefonica Brasil SA (VIVT3 BZ) | 58320 | 285581 |
|  | TIM SA | 176248 | 588513 |
|  | TOTVS SA | 22000 | 145836 |
|  | Transmissora Alianca de Energia Eletrica SA | 90700 | 574072 |
|  | Tres Tentos Agroindustrial SA | 77330 | 220742 |
|  | Trisul SA | 30600 | 37528 |
|  | Tupy SA | 35000 | 132287 |
|  | Ultrapar Participacoes SA (UGPA3 BZ) | 148926 | 467891 |
|  | Unifique Telecomunicacoes SA | 50200 | 34586 |
|  | Unipar Carbocloro SA | 5775 | 50951 |
|  \* | Usinas Siderurgicas de Minas Gerais SA Usiminas | 25300 | 24564 |
|  | Vale SA (VALE US), Sponsored ADR | 437656 | 4074577 |
|  | Vale SA (VALE3 BZ) | 183800 | 1711967 |
|  | Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA | 31700 | 138247 |
|  | Vamos Locacao de Caminhoes Maquinas e Equipamentos SA | 108382 | 93960 |
|  | Veste SA Estilo | 8910 | 10315 |
|  | Vibra Energia SA | 359791 | 1191875 |
|  | Vivara Participacoes SA | 43800 | 170642 |
|  | Vulcabras SA | 24564 | 72716 |
|  | WEG SA | 123200 | 969075 |
|  | Wilson Sons SA | 55300 | 166919 |
|  | Wiz Co. | 25600 | 26930 |
|  | YDUQS Participacoes SA | 109832 | 276556 |

---

707

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  \* | Zamp SA | 78928 | $43670 |
|  TOTAL BRAZIL | TOTAL BRAZIL |  | 54200398 |
|  CHILE — (0.8%) | CHILE — (0.8%) |  |  |
|  | Aguas Andinas SA, Class A | 640658 | 236739 |
|  | Banco de Chile (BCH US), ADR | 31115 | 918515 |
|  | Banco de Chile (CHILE CI) | 635643 | 93310 |
|  | Banco de Credito e Inversiones SA | 11680 | 462567 |
|  | Banco Santander Chile (BSAC US), ADR | 8394 | 202211 |
|  | Banco Santander Chile (BSAN CI) | 2610133 | 157812 |
|  | Besalco SA | 1195 | 928 |
|  | Bicecorp SA | 363513 | 100198 |
|  \* | CAP SA | 22516 | 115803 |
|  | Cencosud SA | 272663 | 932979 |
|  | Cencosud Shopping SA | 75632 | 159748 |
|  | Cia Cervecerias Unidas SA (CCU CI) | 44999 | 345492 |
|  | Cia Cervecerias Unidas SA (CCU US), Sponsored ADR | 5028 | 76526 |
|  | Cia Sud Americana de Vapores SA | 4001974 | 221043 |
|  | Colbun SA | 2211688 | 345666 |
|  | Embotelladora Andina SA, ADR, Class B | 12368 | 320331 |
|  | Empresa Nacional de Telecomunicaciones SA | 85373 | 247042 |
|  | Empresas CMPC SA | 238724 | 374389 |
|  | Empresas Copec SA | 66185 | 454332 |
|  | Enel Americas SA (ENELAM CI) | 2621834 | 257452 |
|  | Enel Chile SA (ENELCHIL CI) | 4376804 | 309694 |
|  | Enel Chile SA (ENIC US), ADR | 4326 | 15141 |
|  | Engie Energia Chile SA | 171556 | 203101 |
|  | Falabella SA | 32677 | 148378 |
|  | Forus SA | 13556 | 32550 |
|  | Grupo Security SA | 11775 | 3288 |
|  | Instituto de Diagnostico SA | 5352 | 11374 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHILE — (Continued) | CHILE — (Continued) |  |  |
|  | Inversiones Aguas Metropolitanas SA | 183489 | $166651 |
|  | Inversiones La Construccion SA | 16231 | 188761 |
|  | Latam Airlines Group SA | 20340107 | 321140 |
|  # | Latam Airlines Group SA, ADR | 2442 | 76801 |
|  | Multiexport Foods SA | 50860 | 13603 |
|  | Parque Arauco SA | 146772 | 337909 |
|  | Plaza SA | 95040 | 223325 |
|  \* | Ripley Corp. SA | 408984 | 189096 |
|  | Salfacorp SA | 242422 | 173069 |
|  | Sigdo Koppers SA | 25113 | 29399 |
|  | SMU SA | 1261933 | 247218 |
|  | Sociedad Matriz SAAM SA | 1011061 | 127065 |
|  # | Sociedad Quimica y Minera de Chile SA, Sponsored ADR | 6855 | 234441 |
|  | SONDA SA | 206223 | 83318 |
|  | Vina Concha y Toro SA | 187265 | 232180 |
|  TOTAL CHILE | TOTAL CHILE |  | 9390585 |
|  COLOMBIA — (0.2%) | COLOMBIA — (0.2%) |  |  |
|  | Almacenes Exito SA, BDR | 25940 | 47582 |
|  | Bancolombia SA (BCOLO CB) | 28711 | 340409 |
|  | Bancolombia SA (CIB US), Sponsored ADR | 12278 | 495049 |
|  | Celsia SA ESP | 90633 | 86224 |
|  | Cementos Argos SA | 104359 | 264752 |
|  \* | Corp. Financiera Colombiana SA | 48312 | 189335 |
|  | Grupo Argos SA | 77211 | 401626 |
|  | Grupo Energia Bogota SA ESP | 236950 | 164300 |
|  | Interconexion Electrica SA ESP | 38074 | 196426 |
|  | Mineros SA | 59641 | 85603 |
|  TOTAL COLOMBIA | TOTAL COLOMBIA |  | 2271306 |
|  CZECH REPUBLIC — (0.2%) | CZECH REPUBLIC — (0.2%) |  |  |
|  | CEZ AS | 18049 | 916159 |
|  | Komercni Banka AS | 9496 | 461522 |
|  W | Moneta Money Bank AS | 54186 | 334952 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CZECH REPUBLIC — (Continued) | CZECH REPUBLIC — (Continued) |  |  |
|  | Philip Morris CR AS | 117 | $94721 |
|  TOTAL CZECH REPUBLIC | TOTAL CZECH REPUBLIC |  | 1807354 |
|  EGYPT — (0.0%) | EGYPT — (0.0%) |  |  |
|  | Commercial International Bank - Egypt (CIB) (CBKD LI), GDR | 55885 | 87247 |
|  | Commercial International Bank - Egypt (CIB) (CMGGF US), GDR | 131836 | 205664 |
|  TOTAL EGYPT | TOTAL EGYPT |  | 292911 |
|  GREECE — (0.8%) | GREECE — (0.8%) |  |  |
|  | Aegean Airlines SA | 13854 | 186030 |
|  \* | Aktor SA Holding Company Technical & Energy Projects | 6251 | 35082 |
|  | Alpha Services & Holdings SA | 262104 | 639070 |
|  | Athens International Airport SA | 6092 | 63115 |
|  | Athens Water Supply & Sewage Co. SA | 7308 | 48212 |
|  | Autohellas Tourist & Trading SA | 4052 | 52024 |
|  | Avax SA | 8062 | 18344 |
|  | Bank of Greece | 6383 | 99257 |
|  | Ellaktor SA | 24740 | 36514 |
|  # | ElvalHalcor SA | 19905 | 44653 |
|  | Eurobank Ergasias Services & Holdings SA | 316614 | 898559 |
|  | Fourlis Holdings SA | 13371 | 60575 |
|  | GEK Terna SA | 16475 | 341941 |
|  | Hellenic Exchanges - Athens Stock Exchange SA | 13812 | 82670 |
|  | Hellenic Telecommunications Organization SA | 19276 | 365801 |
|  | Helleniq Energy Holdings SA | 48874 | 422155 |
|  | Holding Co. ADMIE IPTO SA | 37355 | 122289 |
|  | Ideal Holdings SA | 3864 | 27559 |
|  | Intracom Holdings SA | 17092 | 59862 |
|  | Jumbo SA | 22964 | 725030 |
|  | Kri-Kri Milk Industry SA | 3698 | 63972 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GREECE — (Continued) | GREECE — (Continued) |  |  |
|  \* | LAMDA Development SA | 19123 | $143892 |
|  | Metlen Energy & Metals SA | 19817 | 937885 |
|  | Motor Oil Hellas Corinth Refineries SA | 19997 | 484530 |
|  | National Bank of Greece SA | 101867 | 1081162 |
|  | OPAP SA | 19403 | 431119 |
|  | Piraeus Financial Holdings SA | 201396 | 1131046 |
|  | Piraeus Port Authority SA | 2285 | 102298 |
|  | Profile Systems & Software SA | 1902 | 11975 |
|  | Public Power Corp. SA | 20802 | 311818 |
|  | Quest Holdings SA | 10392 | 74557 |
|  | Sarantis SA | 7327 | 112326 |
|  | Thrace Plastics Holding & Co. | 6640 | 28546 |
|  TOTAL GREECE | TOTAL GREECE |  | 9243868 |
|  HUNGARY — (0.3%) | HUNGARY — (0.3%) |  |  |
|  \* | 4iG Nyrt | 8332 | 42024 |
|  | Magyar Telekom Telecommunications PLC | 96151 | 454643 |
|  | MOL Hungarian Oil & Gas PLC | 108286 | 916934 |
|  | Opus Global Nyrt | 41353 | 63829 |
|  | OTP Bank Nyrt | 28977 | 2140473 |
|  | Richter Gedeon Nyrt | 5839 | 177089 |
|  TOTAL HUNGARY | TOTAL HUNGARY |  | 3794992 |
|  INDIA — (27.0%) | INDIA — (27.0%) |  |  |
|  | 360 ONE WAM Ltd. | 28338 | 328075 |
|  | 3M India Ltd. | 529 | 188184 |
|  | 63 Moons Technologies Ltd. | 8503 | 64570 |
|  | Aarti Drugs Ltd. | 14377 | 59506 |
|  | Aarti Industries Ltd. | 52044 | 258576 |
|  | Aarti Pharmalabs Ltd. | 15040 | 127390 |
|  \* | Aavas Financiers Ltd. | 18646 | 426267 |
|  | ABB India Ltd. | 5513 | 357327 |
|  | ACC Ltd. | 13714 | 304270 |
|  | Accelya Solutions India Ltd. | 1250 | 19774 |
|  | Action Construction Equipment Ltd. | 13791 | 191480 |
|  \* | Adani Energy Solutions Ltd. | 88929 | 937866 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Adani Enterprises Ltd. | 7177 | $194498 |
|  \* | Adani Green Energy Ltd. | 4062 | 42954 |
|  | Adani Ports & Special Economic Zone Ltd. | 90403 | 1299850 |
|  \* | Adani Power Ltd. | 150026 | 938164 |
|  | Adani Total Gas Ltd. | 15637 | 110143 |
|  | ADF Foods Ltd. | 19716 | 51622 |
|  \* | Aditya Birla Capital Ltd. | 161410 | 373830 |
|  \* | Aditya Birla Fashion & Retail Ltd. | 65024 | 201340 |
|  | Aditya Birla Real Estate Ltd. | 11658 | 265118 |
|  | Advanced Enzyme Technologies Ltd. | 17159 | 58033 |
|  | Aegis Logistics Ltd. | 43503 | 399573 |
|  \* | Aether Industries Ltd. | 6004 | 57459 |
|  | Agarwal Industrial Corp. Ltd. | 1078 | 12557 |
|  | AGI Greenpac Ltd. | 10343 | 99666 |
|  | Ahluwalia Contracts India Ltd. | 12390 | 124633 |
|  | AIA Engineering Ltd. | 12890 | 481759 |
|  | Ajanta Pharma Ltd. | 13477 | 429052 |
|  | Ajmera Realty & Infra India Ltd. | 9113 | 88325 |
|  | Akzo Nobel India Ltd. | 2999 | 121238 |
|  | Alembic Ltd. | 33100 | 39152 |
|  | Alembic Pharmaceuticals Ltd. | 21138 | 217648 |
|  | Alkem Laboratories Ltd. | 5869 | 352704 |
|  | Alkyl Amines Chemicals | 4618 | 93059 |
|  \* | Allcargo Gati Ltd. | 15456 | 11012 |
|  | Allcargo Logistics Ltd. | 101641 | 35542 |
|  \* | Allcargo Terminals Ltd. | 6456 | 1891 |
|  | Allied Digital Services Ltd. | 10913 | 24008 |
|  | Amara Raja Energy & Mobility Ltd. | 57058 | 656223 |
|  \* | Amber Enterprises India Ltd. | 4433 | 319072 |
|  | Ambika Cotton Mills Ltd. | 566 | 8946 |
|  | Ambuja Cements Ltd. | 72704 | 461972 |
|  | Amrutanjan Health Care Ltd. | 2828 | 23437 |
|  | Anant Raj Ltd. | 36315 | 193380 |
|  | Andhra Paper Ltd. | 15705 | 13727 |
|  | Andhra Sugars Ltd. | 11068 | 9185 |
|  | Angel One Ltd. | 25002 | 685247 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  \*W | Antony Waste Handling Cell Ltd. | 6735 | $38805 |
|  | Anup Engineering Ltd. | 3082 | 109228 |
|  | Anupam Rasayan India Ltd. | 1186 | 12104 |
|  | Apar Industries Ltd. | 6290 | 416755 |
|  | Apcotex Industries Ltd. | 4995 | 18106 |
|  | APL Apollo Tubes Ltd. | 23471 | 445388 |
|  | Apollo Hospitals Enterprise Ltd. | 10075 | 831903 |
|  | Apollo Micro Systems Ltd. | 59115 | 80531 |
|  | Apollo Pipes Ltd. | 1408 | 6479 |
|  | Apollo Tyres Ltd. | 166625 | 927370 |
|  | Aptus Value Housing Finance India Ltd. | 73163 | 275634 |
|  \* | Arman Financial Services Ltd. | 2204 | 40217 |
|  | Artemis Medicare Services Ltd. | 5281 | 15975 |
|  | Arvind Fashions Ltd. | 28086 | 131961 |
|  | Arvind Ltd. | 66187 | 282180 |
|  | Arvind SmartSpaces Ltd. | 2067 | 15857 |
|  | Asahi India Glass Ltd. | 30021 | 261956 |
|  \* | Ashapura Minechem Ltd. | 9804 | 38476 |
|  | Ashiana Housing Ltd. | 14741 | 47024 |
|  | Ashok Leyland Ltd. | 472596 | 1265550 |
|  \* | Ashoka Buildcon Ltd. | 76827 | 167850 |
|  | Asian Paints Ltd. | 42470 | 1215093 |
|  | Associated Alcohols & Breweries Ltd. | 3899 | 50649 |
|  W | Aster DM Healthcare Ltd. | 70402 | 422279 |
|  | Astra Microwave Products Ltd. | 10836 | 105422 |
|  | Astral Ltd. | 21351 | 338517 |
|  | AstraZeneca Pharma India Ltd. | 1328 | 135805 |
|  \* | Atul Auto Ltd. | 691 | 3758 |
|  | Atul Ltd. | 4563 | 362663 |
|  W | AU Small Finance Bank Ltd. | 74581 | 596489 |
|  | AurionPro Solutions Ltd. | 3408 | 57277 |
|  \* | Aurobindo Pharma Ltd. | 81471 | 1180772 |
|  | Automotive Axles Ltd. | 895 | 17537 |
|  | Avadh Sugar & Energy Ltd. | 5287 | 35004 |
|  | Avantel Ltd. | 35176 | 47661 |
|  | Avanti Feeds Ltd. | 16537 | 170225 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  \*W | Avenue Supermarts Ltd. | 6014 | $296458 |
|  \* | AWL Agri Business Ltd. | 27910 | 88111 |
|  | Axis Bank Ltd. (AXSB IN) | 358421 | 5021247 |
|  \* | AXISCADES Technologies Ltd. | 1290 | 12455 |
|  | Bajaj Auto Ltd. | 8800 | 834500 |
|  \* | Bajaj Consumer Care Ltd. | 34156 | 66998 |
|  | Bajaj Finance Ltd. | 44514 | 4531006 |
|  | Bajaj Finserv Ltd. | 35598 | 821982 |
|  \* | Bajaj Hindusthan Sugar Ltd. | 346843 | 79520 |
|  | Bajaj Holdings & Investment Ltd. | 3349 | 477081 |
|  | Balaji Amines Ltd. | 3301 | 49512 |
|  | Balkrishna Industries Ltd. | 18179 | 574358 |
|  | Balmer Lawrie & Co. Ltd. | 21317 | 49972 |
|  | Balrampur Chini Mills Ltd. | 42518 | 275838 |
|  | Balu Forge Industries Ltd. | 1139 | 6951 |
|  | Banco Products India Ltd. | 16872 | 73096 |
|  W | Bandhan Bank Ltd. | 215416 | 420480 |
|  | Bank of Baroda | 211663 | 625497 |
|  | Bank of India | 175457 | 238984 |
|  | Bank of Maharashtra | 308353 | 184072 |
|  | Bannari Amman Sugars Ltd. | 618 | 30236 |
|  \* | Barbeque Nation Hospitality Ltd. | 5008 | 19591 |
|  | BASF India Ltd. | 4345 | 224066 |
|  | Bata India Ltd. | 14618 | 207700 |
|  | Bayer CropScience Ltd. | 4822 | 266939 |
|  | BCL Industries Ltd. | 57245 | 25329 |
|  | BEML Ltd. | 4094 | 154095 |
|  | Berger Paints India Ltd. | 55748 | 358611 |
|  | Best Agrolife Ltd. | 2810 | 12224 |
|  \* | BF Utilities Ltd. | 5803 | 48503 |
|  | Bhansali Engineering Polymers Ltd. | 47575 | 61274 |
|  | Bharat Bijlee Ltd. | 2394 | 82166 |
|  | Bharat Dynamics Ltd. | 4382 | 78010 |
|  | Bharat Electronics Ltd. | 388082 | 1438196 |
|  | Bharat Forge Ltd. | 64514 | 842181 |
|  | Bharat Heavy Electricals Ltd. | 154303 | 411723 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Bharat Petroleum Corp. Ltd. | 176889 | $647839 |
|  | Bharat Rasayan Ltd. | 365 | 41028 |
|  \* | Bharat Wire Ropes Ltd. | 10106 | 20587 |
|  | Bharti Airtel Ltd. | 412457 | 9050740 |
|  | Biocon Ltd. | 77301 | 292923 |
|  | Birla Corp. Ltd. | 6698 | 84301 |
|  | BirlaNu Ltd. | 1089 | 24330 |
|  | Birlasoft Ltd. | 76752 | 353954 |
|  \* | Black Box Ltd. | 17525 | 77127 |
|  | Bliss Gvs Pharma Ltd. | 7243 | 10094 |
|  | BLS International Services Ltd. | 29709 | 124288 |
|  | Blue Dart Express Ltd. | 2251 | 165873 |
|  | Blue Star Ltd. | 21273 | 429610 |
|  | Bluspring Enterprises Ltd. | 25700 | 58553 |
|  | Bombay Burmah Trading Co. | 10859 | 238830 |
|  | Bombay Dyeing & Manufacturing Co. Ltd. | 47826 | 73248 |
|  \* | Borosil Ltd. | 11332 | 42426 |
|  \* | Borosil Renewables Ltd. | 3713 | 21527 |
|  \* | Borosil Scientific Ltd. | 1931 | 2995 |
|  | Bosch Ltd. | 427 | 147562 |
|  | Brigade Enterprises Ltd. | 41198 | 497977 |
|  \* | Brightcom Group Ltd. | 479160 | 58134 |
|  | Britannia Industries Ltd. | 17270 | 1106959 |
|  | BSE Ltd. | 5637 | 425011 |
|  \* | Camlin Fine Sciences Ltd. | 39738 | 76691 |
|  | Campus Activewear Ltd. | 29039 | 82339 |
|  | Can Fin Homes Ltd. | 39330 | 332026 |
|  | Canara Bank | 373010 | 428890 |
|  | Cantabil Retail India Ltd. | 6559 | 18169 |
|  \* | Capacit'e Infraprojects Ltd. | 21561 | 90350 |
|  | Caplin Point Laboratories Ltd. | 7519 | 165659 |
|  | Carborundum Universal Ltd. | 29591 | 356734 |
|  | Care Ratings Ltd. | 6287 | 90462 |
|  \* | Cartrade Tech Ltd. | 11469 | 232173 |
|  | Carysil Ltd. | 5598 | 40324 |
|  | Castrol India Ltd. | 141486 | 329672 |
|  | CCL Products India Ltd. | 24480 | 169497 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | CE Info Systems Ltd. | 3314 | $69686 |
|  | Ceat Ltd. | 11835 | 460248 |
|  | Cello World Ltd. | 11326 | 73393 |
|  | Central Depository Services India Ltd. | 30520 | 475732 |
|  | Centum Electronics Ltd. | 801 | 15923 |
|  | Century Enka Ltd. | 4205 | 25531 |
|  | Century Plyboards India Ltd. | 20093 | 165999 |
|  | Cera Sanitaryware Ltd. | 1723 | 108799 |
|  | CESC Ltd. | 162818 | 303310 |
|  | CG Power & Industrial Solutions Ltd. | 97295 | 718303 |
|  \* | Chalet Hotels Ltd. | 19049 | 176899 |
|  | Chambal Fertilisers & Chemicals Ltd. | 90398 | 738173 |
|  \* | Chemplast Sanmar Ltd. | 12191 | 58542 |
|  | Chennai Petroleum Corp. Ltd. | 13125 | 93687 |
|  \* | Choice International Ltd. | 16047 | 115866 |
|  | Cholamandalam Financial Holdings Ltd. | 49097 | 1082245 |
|  | Cholamandalam Investment & Finance Co. Ltd. | 90988 | 1607072 |
|  | CIE Automotive India Ltd. | 56181 | 267169 |
|  \* | Cigniti Technologies Ltd. | 3495 | 55531 |
|  | Cipla Ltd. | 111395 | 2044046 |
|  | City Union Bank Ltd. | 222219 | 462484 |
|  | Clean Science & Technology Ltd. | 4065 | 56448 |
|  | CMS Info Systems Ltd. | 68071 | 351954 |
|  | Coal India Ltd. | 140539 | 638341 |
|  W | Cochin Shipyard Ltd. | 11976 | 225026 |
|  | Coforge Ltd. | 5694 | 494421 |
|  | Colgate-Palmolive India Ltd. | 29168 | 890333 |
|  | Computer Age Management Services Ltd. | 15415 | 707684 |
|  | Concord Biotech Ltd. | 807 | 14454 |
|  | Confidence Petroleum India Ltd. | 66586 | 40620 |
|  | Container Corp. of India Ltd. | 36386 | 289283 |
|  | Control Print Ltd. | 1774 | 13102 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Coromandel |  |  |
|  | International Ltd. | 34338 | $899688 |
|  | Cosmo First Ltd. | 5458 | 37961 |
|  | Craftsman Automation Ltd. | 3859 | 210669 |
|  | CreditAccess Grameen Ltd. | 15078 | 192612 |
|  | CRISIL Ltd. | 3940 | 207673 |
|  | Crompton Greaves Consumer Electricals Ltd. | 175886 | 701541 |
|  \* | CSB Bank Ltd. | 18955 | 79436 |
|  | Cummins India Ltd. | 19634 | 670776 |
|  \* | Cupid Ltd. | 1812 | 1651 |
|  | Cyient Ltd. | 34721 | 486021 |
|  \*W | D.P. Abhushan Ltd. | 1177 | 19730 |
|  | Dabur India Ltd. | 55427 | 318939 |
|  | Dalmia Bharat Ltd. | 14444 | 330718 |
|  | Dalmia Bharat Sugar & Industries Ltd. | 2751 | 12172 |
|  | Datamatics Global Services Ltd. | 1601 | 11180 |
|  | DB Corp. Ltd. | 26479 | 76284 |
|  | DCB Bank Ltd. | 49820 | 79134 |
|  | DCM Shriram Industries Ltd. | 16478 | 34915 |
|  | DCM Shriram Ltd. | 11722 | 138269 |
|  \* | DCW Ltd. | 61842 | 57745 |
|  | Deep Industries Ltd. | 10711 | 55872 |
|  | Deepak Fertilisers & Petrochemicals Corp. Ltd. | 21736 | 328455 |
|  | Deepak Nitrite Ltd. | 15119 | 345922 |
|  \* | Delhivery Ltd. | 146903 | 530643 |
|  | Delta Corp. Ltd. | 30055 | 32880 |
|  \* | DEN Networks Ltd. | 45465 | 17499 |
|  \* | Devyani International Ltd. | 117760 | 249329 |
|  \* | Dhani Services Ltd. | 86932 | 59130 |
|  \* | Dhanlaxmi Bank Ltd. | 78664 | 26228 |
|  | Dhanuka Agritech Ltd. | 6280 | 96586 |
|  | Digitide Solutions Ltd. | 25700 | 48709 |
|  W | Dilip Buildcon Ltd. | 16079 | 80498 |
|  \* | Dish TV India Ltd. | 327685 | 18685 |
|  \* | Dishman Carbogen Amcis Ltd. | 22821 | 51923 |
|  | Divi's Laboratories Ltd. | 6555 | 470793 |
|  | Dixon Technologies India Ltd. | 7337 | 1425792 |
|  | DLF Ltd. | 68583 | 543759 |
|  | D-Link India Ltd. | 6113 | 31106 |
|  | Dodla Dairy Ltd. | 5615 | 69362 |
|  | Dollar Industries Ltd. | 4851 | 21953 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  W | Dr. Lal PathLabs Ltd. | 12253 | $399337 |
|  # | Dr. Reddy's Laboratories Ltd., ADR | 79260 | 1103299 |
|  | Dr. Reddy's Laboratories Ltd. (DRRD IN) | 44832 | 626975 |
|  | Dreamfolks Services Ltd. | 3250 | 9071 |
|  \* | Dwarikesh Sugar Industries Ltd. | 61056 | 28849 |
|  | Dynacons Systems & Solutions Ltd. | 1487 | 18589 |
|  | Dynamatic Technologies Ltd. | 588 | 43686 |
|  \*W | E2E Networks Ltd. | 1665 | 46560 |
|  \* | Easy Trip Planners Ltd. | 285129 | 39566 |
|  | eClerx Services Ltd. | 8402 | 247789 |
|  | Edelweiss Financial Services Ltd. | 202329 | 189470 |
|  | Eicher Motors Ltd. | 19894 | 1311578 |
|  \* | EID Parry India Ltd. | 40011 | 386159 |
|  | EIH Associated Hotels | 6270 | 26047 |
|  | EIH Ltd. | 63235 | 276875 |
|  | Eimco Elecon India Ltd. | 585 | 12123 |
|  | Elecon Engineering Co. Ltd. | 29693 | 190879 |
|  \* | Electronics Mart India Ltd. | 19141 | 30363 |
|  | Electrosteel Castings Ltd. | 135133 | 154991 |
|  | Elgi Equipments Ltd. | 53826 | 282870 |
|  | Emami Ltd. | 61706 | 452079 |
|  \* | Embassy Developments Ltd. | 129863 | 150111 |
|  | eMudhra Ltd. | 4769 | 43055 |
|  W | Endurance Technologies Ltd. | 11885 | 263782 |
|  | Engineers India Ltd. | 92288 | 194061 |
|  | Epigral Ltd. | 5169 | 106060 |
|  | EPL Ltd. | 49568 | 111106 |
|  W | Equitas Small Finance Bank Ltd. | 166043 | 130975 |
|  W | Eris Lifesciences Ltd. | 14042 | 239494 |
|  | ESAB India Ltd. | 1270 | 69133 |
|  | Escorts Kubota Ltd. | 4797 | 183965 |
|  \* | Eternal Ltd. | 164728 | 448744 |
|  \* | Eureka Forbes Ltd. | 15278 | 88949 |
|  | Eveready Industries India Ltd. | 10581 | 40629 |
|  | Everest Kanto Cylinder Ltd. | 5871 | 8302 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Excel Industries Ltd. | 1959 | $24590 |
|  | Exide Industries Ltd. | 83626 | 344029 |
|  | Fairchem Organics Ltd. | 1304 | 12839 |
|  | FDC Ltd. | 17888 | 89113 |
|  | Federal Bank Ltd. | 348874 | 809998 |
|  \* | Federal-Mogul Goetze India Ltd. | 4659 | 18208 |
|  | FIEM Industries Ltd. | 4387 | 74369 |
|  | Filatex India Ltd. | 78365 | 39115 |
|  | Fine Organic Industries Ltd. | 3156 | 153888 |
|  | Fineotex Chemical Ltd. | 16558 | 46528 |
|  \* | Fino Payments Bank Ltd. | 8826 | 25571 |
|  | Finolex Cables Ltd. | 22509 | 230484 |
|  | Finolex Industries Ltd. | 88967 | 183039 |
|  | Firstsource Solutions Ltd. | 123278 | 491135 |
|  | Force Motors Ltd. | 2542 | 268209 |
|  | Fortis Healthcare Ltd. | 58939 | 474186 |
|  \* | FSN E-Commerce Ventures Ltd. | 174240 | 399030 |
|  \* | Fusion Finance Ltd. | 21824 | 35871 |
|  | G R Infraprojects Ltd. | 5940 | 72791 |
|  | Gabriel India Ltd. | 24854 | 158539 |
|  | GAIL India Ltd. (GAIL IN) | 445796 | 991061 |
|  | Galaxy Surfactants Ltd. | 3725 | 91695 |
|  \* | Ganesh Benzoplast Ltd. | 11459 | 16624 |
|  | Ganesh Housing Corp. Ltd. | 7986 | 102631 |
|  | Ganesha Ecosphere Ltd. | 4405 | 75447 |
|  | Garware Hi-Tech Films Ltd. | 1998 | 74990 |
|  | Garware Technical Fibres Ltd. | 14005 | 141892 |
|  | Gateway Distriparks Ltd. | 145865 | 103002 |
|  | GE Vernova T&D India Ltd. | 18548 | 339826 |
|  \* | Genesys International Corp. Ltd. | 3296 | 25510 |
|  | Geojit Financial Services Ltd. | 39989 | 35207 |
|  | GHCL Ltd. | 36416 | 249586 |
|  | GHCL Textiles Ltd. | 31467 | 29402 |
|  | GIC Housing Finance Ltd. | 13076 | 27103 |
|  | Gillette India Ltd. | 2019 | 191863 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  W | Gland Pharma Ltd. | 14081 | $233289 |
|  | GlaxoSmithKline Pharmaceuticals Ltd. | 8729 | 303051 |
|  | Glenmark Pharmaceuticals Ltd. | 29979 | 488337 |
|  \* | Global Health Ltd. | 30914 | 438791 |
|  | Globus Spirits Ltd. | 6694 | 81309 |
|  | GM Breweries Ltd. | 1395 | 11031 |
|  | GMM Pfaudler Ltd. | 8242 | 99869 |
|  \* | GMR Airports Ltd. | 682596 | 701346 |
|  \* | Go Fashion India Ltd. | 4641 | 43579 |
|  | Godawari Power & Ispat Ltd. | 132465 | 281995 |
|  | Godfrey Phillips India Ltd. | 5515 | 530913 |
|  W | Godrej Agrovet Ltd. | 14146 | 127539 |
|  | Godrej Consumer Products Ltd. | 55050 | 823314 |
|  \* | Godrej Industries Ltd. | 12239 | 156686 |
|  \* | Godrej Properties Ltd. | 11455 | 289648 |
|  \* | Gokaldas Exports Ltd. | 6120 | 61465 |
|  \* | Gokul Agro Resources Ltd. | 11896 | 32580 |
|  | Goldiam International Ltd. | 15256 | 65455 |
|  | Goodluck India Ltd. | 5071 | 43079 |
|  | Granules India Ltd. | 62360 | 333975 |
|  | Graphite India Ltd. | 29794 | 160468 |
|  | Grasim Industries Ltd. | 32843 | 1059781 |
|  | Grauer & Weil India Ltd. | 18916 | 18875 |
|  | Gravita India Ltd. | 8869 | 183576 |
|  | Great Eastern Shipping Co. Ltd. | 51108 | 526501 |
|  | Greaves Cotton Ltd. | 42562 | 98784 |
|  | Greenlam Industries Ltd. | 18356 | 44762 |
|  | Greenpanel Industries Ltd. | 20901 | 58255 |
|  | Greenply Industries Ltd. | 23053 | 79036 |
|  | Grindwell Norton Ltd. | 13770 | 273779 |
|  | Group Ltd. | 163 | 5401 |
|  | Gufic Biosciences Ltd. | 8341 | 35982 |
|  | Gujarat Alkalies & Chemicals Ltd. | 6420 | 46046 |
|  | Gujarat Ambuja Exports Ltd. | 37730 | 52561 |
|  | Gujarat Fluorochemicals Ltd. | 2733 | 124102 |
|  | Gujarat Gas Ltd. | 24523 | 129304 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Gujarat Industries Power Co. Ltd. | 12026 | $25815 |
|  | Gujarat Mineral Development Corp. Ltd. | 32592 | 116628 |
|  | Gujarat Narmada Valley Fertilizers & Chemicals Ltd. | 19393 | 111637 |
|  | Gujarat Pipavav Port Ltd. | 129362 | 204797 |
|  | Gujarat State Fertilizers & Chemicals Ltd. | 95605 | 210195 |
|  | Gujarat State Petronet Ltd. | 124444 | 470539 |
|  | Gulf Oil Lubricants India Ltd. | 7458 | 104940 |
|  | Happiest Minds Technologies Ltd. | 9356 | 63092 |
|  W | Harsha Engineers Ltd. | 8231 | 36878 |
|  \* | Hathway Cable & Datacom Ltd. | 271791 | 43255 |
|  | Hatsun Agro Product Ltd. | 15635 | 168463 |
|  | Havells India Ltd. | 26093 | 494093 |
|  | HBL Engineering Ltd. | 36686 | 208637 |
|  | HCL Technologies Ltd. | 176746 | 3255263 |
|  W | HDFC Asset Management Co. Ltd. | 20397 | 1055964 |
|  | HDFC Bank Ltd. | 667817 | 15130148 |
|  W | HDFC Life Insurance Co. Ltd. | 47585 | 419093 |
|  \* | HealthCare Global Enterprises Ltd. | 16223 | 108996 |
|  | HEG Ltd. | 29428 | 161670 |
|  | HeidelbergCement India Ltd. | 22296 | 50331 |
|  | Heritage Foods Ltd. | 20796 | 96309 |
|  | Hero MotoCorp Ltd. (HMCL IN) | 36329 | 1649685 |
|  \* | Heubach Colorants India Ltd. | 936 | 6496 |
|  | HFCL Ltd. | 232140 | 216758 |
|  | HG Infra Engineering Ltd. | 10008 | 127278 |
|  | Hikal Ltd. | 17498 | 80172 |
|  | Himadri Speciality Chemical Ltd. | 53825 | 277487 |
|  | Himatsingka Seide Ltd. | 19970 | 33060 |
|  | Hindalco Industries Ltd. | 277392 | 2036736 |

---

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Hinduja Global |  |  |
|  | Solutions Ltd. | 1622 | $9391 |
|  | Hindustan Aeronautics Ltd. | 35145 | 1860406 |
|  \* | Hindustan Construction Co. Ltd. | 152977 | 46542 |
|  | Hindustan Copper Ltd. | 95356 | 239916 |
|  \* | Hindustan Foods Ltd. | 11616 | 73369 |
|  \* | Hindustan Oil Exploration Co. Ltd. | 19694 | 42668 |
|  | Hindustan Petroleum Corp. Ltd. | 164584 | 732300 |
|  | Hindustan Unilever Ltd. | 60947 | 1687300 |
|  | Hindware Home Innovation Ltd. | 6918 | 16147 |
|  | Hitachi Energy India Ltd. | 1215 | 206850 |
|  | HI-Tech Pipes Ltd. | 22958 | 24608 |
|  | Hle Glascoat Ltd. | 660 | 2128 |
|  W | Home First Finance Co. India Ltd. | 18960 | 278900 |
|  | Honda India Power Products Ltd. | 994 | 24029 |
|  | Honeywell Automation India Ltd. | 111 | 45218 |
|  | HPL Electric & Power Ltd. | 7395 | 35336 |
|  \* | Hubtown Ltd. | 5074 | 10786 |
|  | Huhtamaki India Ltd. | 6976 | 15771 |
|  | I G Petrochemicals Ltd. | 1965 | 9463 |
|  | ICICI Bank Ltd. (IBN US), Sponsored ADR | 251477 | 8439568 |
|  | ICICI Bank Ltd. (ICICIBC IN) | 339470 | 5695447 |
|  W | ICICI Lombard General Insurance Co. Ltd. | 11918 | 264596 |
|  W | ICICI Prudential Life Insurance Co. Ltd. | 19106 | 138466 |
|  | ICRA Ltd. | 536 | 35261 |
|  \* | IDFC First Bank Ltd. | 1302806 | 1002870 |
|  \* | IFB Industries Ltd. | 3379 | 51686 |
|  \* | IFCI Ltd. | 254447 | 127542 |
|  | Igarashi Motors India Ltd. | 1653 | 8833 |
|  | IIFL Capital Services Ltd. | 62672 | 163682 |
|  \* | IIFL Finance Ltd. | 60983 | 258213 |
|  \* | Imagicaaworld Entertainment Ltd. | 63014 | 47294 |
|  \* | India Cements Ltd. | 17689 | 64493 |
|  | India Glycols Ltd. | 5232 | 85968 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | India Nippon Electricals Ltd. | 1312 | $9241 |
|  | India Power Corp. Ltd. | 54677 | 8215 |
|  W | IndiaMart InterMesh Ltd. | 12969 | 352027 |
|  | Indian Bank | 83532 | 555334 |
|  W | Indian Energy Exchange Ltd. | 179509 | 405342 |
|  | Indian Hotels Co. Ltd. | 54057 | 502530 |
|  | Indian Hume Pipe Co. Ltd. | 2210 | 9955 |
|  | Indian Metals & Ferro Alloys Ltd. | 9165 | 64048 |
|  | Indian Oil Corp. Ltd. | 328998 | 534016 |
|  | Indian Railway Catering & Tourism Corp. Ltd. | 51412 | 455733 |
|  W | Indian Railway Finance Corp. Ltd. | 113568 | 166490 |
|  | Indigo Paints Ltd. | 8606 | 99311 |
|  | Indo Count Industries Ltd. | 38164 | 136135 |
|  \* | Indo Tech Transformers Ltd. | 749 | 20156 |
|  | Indoco Remedies Ltd. | 5241 | 14290 |
|  \*W | IndoStar Capital Finance Ltd. | 3121 | 11042 |
|  | Indraprastha Gas Ltd. | 151720 | 343895 |
|  | Indraprastha Medical Corp. Ltd. | 17275 | 81062 |
|  \* | Indus Towers Ltd. | 425532 | 2042154 |
|  | IndusInd Bank Ltd. | 40653 | 401149 |
|  | Infibeam Avenues Ltd. | 303903 | 61430 |
|  | Info Edge India Ltd. | 8422 | 703747 |
|  | Infosys Ltd. (INFO IN) | 495655 | 8711923 |
|  | Infosys Ltd. (INFY US), Sponsored ADR | 90873 | 1599365 |
|  | Ingersoll Rand India Ltd. | 2739 | 121217 |
|  \* | Inox Wind Energy Ltd. | 561 | 64763 |
|  \* | Inox Wind Ltd. | 66984 | 133046 |
|  | Insecticides India Ltd. | 517 | 4215 |
|  | Intellect Design Arena Ltd. | 32519 | 302160 |
|  \*W | InterGlobe Aviation Ltd. | 30128 | 1871772 |
|  | IOL Chemicals & Pharmaceuticals Ltd. | 51595 | 39153 |
|  | ION Exchange India Ltd. | 28104 | 166237 |
|  | Ipca Laboratories Ltd. | 12362 | 202616 |
|  | IRB Infrastructure Developers Ltd. | 440579 | 237022 |

---

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**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  W | IRCON International Ltd. | 120116 | $215899 |
|  | ISGEC Heavy |  |  |
|  | Engineering Ltd. | 9553 | 126799 |
|  \* | ITC Hotels Ltd. | 55885 | 128501 |
|  | ITC Ltd. | 558855 | 2808547 |
|  | ITD Cementation India Ltd. | 24738 | 141592 |
|  | J Kumar Infraprojects Ltd. | 20231 | 157946 |
|  | Jagran Prakashan Ltd. | 13332 | 11423 |
|  \* | Jai Balaji Industries Ltd. | 45395 | 62928 |
|  | Jai Corp. Ltd. | 16269 | 17091 |
|  \* | Jain Irrigation Systems Ltd. | 49192 | 30705 |
|  \* | Jaiprakash Power Ventures Ltd. | 884254 | 152059 |
|  | Jammu & Kashmir Bank Ltd. | 124246 | 139220 |
|  | Jamna Auto Industries Ltd. | 84697 | 80202 |
|  | Jash Engineering Ltd. | 7090 | 47077 |
|  | JB Chemicals & Pharmaceuticals Ltd. | 25859 | 493358 |
|  | JBM Auto Ltd. | 15444 | 118078 |
|  | Jindal Drilling & Industries Ltd. | 4028 | 30815 |
|  | Jindal Poly Films Ltd. | 3978 | 29749 |
|  | Jindal Saw Ltd. | 168588 | 494051 |
|  | Jindal Stainless Ltd. | 101074 | 694214 |
|  | Jindal Steel & Power Ltd. | 79490 | 841564 |
|  | Jindal Worldwide Ltd. | 32640 | 25620 |
|  \* | Jio Financial Services Ltd. | 310579 | 954291 |
|  \* | JITF Infralogistics Ltd. | 5343 | 25694 |
|  | JK Cement Ltd. | 10442 | 630740 |
|  | JK Lakshmi Cement Ltd. | 25136 | 228523 |
|  | JK Paper Ltd. | 41224 | 152947 |
|  | JK Tyre & Industries Ltd. | 65033 | 238403 |
|  | JM Financial Ltd. | 177799 | 211286 |
|  | JSW Energy Ltd. | 37649 | 213192 |
|  | JSW Steel Ltd. | 98525 | 1198205 |
|  | JTEKT India Ltd. | 15736 | 26428 |
|  | Jubilant Foodworks Ltd. | 74435 | 628179 |
|  | Jubilant Ingrevia Ltd. | 24683 | 189072 |
|  | Jubilant Pharmova Ltd. | 22508 | 235485 |
|  | Jupiter Wagons Ltd. | 17655 | 73302 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  \* | Just Dial Ltd. | 8957 | $98322 |
|  | Jyothy Labs Ltd. | 44926 | 197727 |
|  \* | Jyoti Structures Ltd. | 257177 | 55380 |
|  | Kabra Extrusiontechnik Ltd. | 4585 | 14580 |
|  | Kajaria Ceramics Ltd. | 26729 | 253279 |
|  | Kalpataru Projects International Ltd. | 42366 | 484435 |
|  | Kalyan Jewellers India Ltd. | 62861 | 382109 |
|  | Kalyani Steels Ltd. | 7935 | 65284 |
|  | Kansai Nerolac Paints Ltd. | 35588 | 107924 |
|  | Karnataka Bank Ltd. | 90252 | 209401 |
|  | Karur Vysya Bank Ltd. | 190742 | 491592 |
|  | Kaveri Seed Co. Ltd. | 8556 | 144683 |
|  \* | Kaynes Technology India Ltd. | 1125 | 76416 |
|  | KCP Ltd. | 26632 | 62643 |
|  | KDDL Ltd. | 1815 | 55570 |
|  | KEC International Ltd. | 36087 | 298584 |
|  | KEI Industries Ltd. | 20714 | 746714 |
|  \* | Kellton Tech Solutions Ltd. | 29460 | 37171 |
|  | Kennametal India Ltd. | 1194 | 29184 |
|  \* | Kesoram Industries Ltd. | 41342 | 1902 |
|  \* | Kewal Kiran Clothing Ltd. | 3126 | 16511 |
|  \* | Keystone Realtors Ltd. | 3370 | 20671 |
|  | Kfin Technologies Ltd. | 6336 | 89038 |
|  \* | Kiri Industries Ltd. | 11151 | 77461 |
|  | Kirloskar Brothers Ltd. | 7218 | 146025 |
|  \* | Kirloskar Electric Co. Ltd. | 4854 | 7266 |
|  | Kirloskar Ferrous Industries Ltd. | 15358 | 83557 |
|  | Kirloskar Industries Ltd. | 432 | 15270 |
|  | Kirloskar Oil Engines Ltd. | 39920 | 351909 |
|  | Kirloskar Pneumatic Co. Ltd. | 9309 | 123845 |
|  | Kitex Garments Ltd. | 30636 | 87524 |
|  | KNR Constructions Ltd. | 79463 | 204720 |
|  | Kolte-Patil Developers Ltd. | 10089 | 40300 |
|  | Kopran Ltd. | 10292 | 23600 |
|  | Kotak Mahindra Bank Ltd. | 64570 | 1682927 |
|  | Kovai Medical Center & Hospital Ltd. | 1289 | 85082 |

---

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**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |  |
|  W | KPI Green Energy Ltd. | 20307 | $91435 |
|  | KPIT Technologies Ltd. | 28163 | 415238 |
|  | KPR Mill Ltd. | 32213 | 381088 |
|  | KRBL Ltd. | 22721 | 83800 |
|  \*W | Krishna Institute of Medical Sciences Ltd. | 68294 | 528668 |
|  | Krsnaa Diagnostics Ltd. | 8548 | 74048 |
|  | KSB Ltd. | 17468 | 150092 |
|  | Ksolves India Ltd. | 1950 | 9925 |
|  | L&T Finance Ltd. | 144191 | 280200 |
|  W | L&T Technology Services Ltd. | 5995 | 302122 |
|  | LA Opala RG Ltd. | 18389 | 49640 |
|  | Larsen & Toubro Ltd. | 61002 | 2406668 |
|  \* | Latent View Analytics Ltd. | 8915 | 41119 |
|  W | Laurus Labs Ltd. | 80318 | 572509 |
|  | Laxmi Organic Industries Ltd. | 31695 | 65296 |
|  \*W | Lemon Tree Hotels Ltd. | 140764 | 226250 |
|  | LG Balakrishnan & Bros Ltd. | 12125 | 170084 |
|  | LIC Housing Finance Ltd. | 139526 | 990818 |
|  | Lincoln Pharmaceuticals Ltd. | 1750 | 11712 |
|  | Linde India Ltd. | 2080 | 155797 |
|  | Lloyds Engineering Works Ltd. | 149803 | 96465 |
|  | Lloyds Metals & Energy Ltd. | 21992 | 314739 |
|  | LMW Ltd. | 686 | 131485 |
|  | LT Foods Ltd. | 56464 | 230814 |
|  W | LTIMindtree Ltd. | 9261 | 500958 |
|  | Lumax Auto Technologies Ltd. | 14166 | 87094 |
|  | Lumax Industries Ltd. | 867 | 24146 |
|  | Lupin Ltd. | 39190 | 972820 |
|  | LUX Industries Ltd. | 2047 | 33181 |
|  W | Macrotech Developers Ltd. | 15214 | 238549 |
|  | Mahanagar Gas Ltd. | 12746 | 201983 |
|  | Maharashtra Scooters Ltd. | 1176 | 158963 |
|  | Maharashtra Seamless Ltd. | 12815 | 99022 |
|  | Mahindra & Mahindra Financial Services Ltd. | 97671 | 302316 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |  |
|  | Mahindra & Mahindra Ltd. | 156147 | $5392876 |
|  \* | Mahindra Holidays & Resorts India Ltd. | 25080 | 91682 |
|  | Mahindra Lifespace Developers Ltd. | 24291 | 98439 |
|  W | Mahindra Logistics Ltd. | 13578 | 48687 |
|  | Maithan Alloys Ltd. | 4311 | 47267 |
|  \* | Man Industries India Ltd. | 10285 | 33272 |
|  | Man Infraconstruction Ltd. | 33991 | 61392 |
|  | Manali Petrochemicals Ltd. | 23060 | 14687 |
|  | Manappuram Finance Ltd. | 295914 | 806364 |
|  | Mangalam Cement Ltd. | 4272 | 38780 |
|  | Mangalore Refinery & Petrochemicals Ltd. | 44923 | 71217 |
|  \* | Mankind Pharma Ltd. | 5624 | 163390 |
|  | Manorama Industries Ltd. | 870 | 13078 |
|  | Marico Ltd. | 105604 | 886040 |
|  | Marksans Pharma Ltd. | 85376 | 220303 |
|  | Maruti Suzuki India Ltd. | 11735 | 1695618 |
|  W | MAS Financial Services Ltd. | 29522 | 93161 |
|  | Mastek Ltd. | 6052 | 150256 |
|  W | Matrimony.com Ltd. | 4362 | 25867 |
|  \* | Max Estates Ltd. | 2275 | 11002 |
|  \* | Max Financial Services Ltd. | 23842 | 366433 |
|  | Max Healthcare Institute Ltd. | 43918 | 569492 |
|  \* | Max India Ltd. | 5632 | 12645 |
|  | Mayur Uniquoters Ltd. | 8463 | 46095 |
|  | Mazagon Dock Shipbuilders Ltd. | 6066 | 219022 |
|  W | Medi Assist Healthcare Services Ltd. | 15308 | 81305 |
|  \* | Medplus Health Services Ltd. | 17800 | 165858 |
|  \* | Meghmani Organics Ltd. | 54364 | 43708 |
|  | Metro Brands Ltd. | 1701 | 21684 |
|  \*W | Metropolis Healthcare Ltd. | 9645 | 194240 |
|  | Minda Corp. Ltd. | 29434 | 169634 |
|  W | Mishra Dhatu Nigam Ltd. | 12432 | 45078 |
|  | MM Forgings Ltd. | 9402 | 37849 |

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**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |  |
|  | MOIL Ltd. | 30538 | $113972 |
|  | Monte Carlo Fashions Ltd. | 2815 | 19021 |
|  \* | Morepen Laboratories Ltd. | 173567 | 123102 |
|  | Motherson Sumi Wiring India Ltd. | 577205 | 380126 |
|  | Motilal Oswal Financial Services Ltd. | 47784 | 368630 |
|  | Mphasis Ltd. | 23394 | 679585 |
|  | MPS Ltd. | 1629 | 43581 |
|  | MRF Ltd. | 717 | 1138447 |
|  | Mrs Bectors Food Specialities Ltd. | 9947 | 174442 |
|  | MSTC Ltd. | 8488 | 51373 |
|  | Muthoot Finance Ltd. | 32576 | 835381 |
|  \* | Nalwa Sons Investments Ltd. | 521 | 42590 |
|  | Narayana Hrudayalaya Ltd. | 25049 | 516528 |
|  | Natco Pharma Ltd. | 47454 | 477256 |
|  | National Aluminium Co. Ltd. | 369348 | 682676 |
|  | National Fertilizers Ltd. | 50499 | 50207 |
|  | Nava Ltd. | 36228 | 195040 |
|  | Navin Fluorine International Ltd. | 1374 | 73386 |
|  \*W | Navkar Corp. Ltd. | 16746 | 19857 |
|  | Navneet Education Ltd. | 25486 | 42954 |
|  \* | Nazara Technologies Ltd. | 11476 | 136405 |
|  | NBCC India Ltd. | 216531 | 242874 |
|  | NCC Ltd. | 202048 | 505193 |
|  | NCL Industries Ltd. | 9419 | 23423 |
|  | NELCO Ltd. | 3512 | 34146 |
|  | Neogen Chemicals Ltd. | 940 | 17061 |
|  | NESCO Ltd. | 8548 | 95128 |
|  | Nestle India Ltd. | 29183 | 822011 |
|  | Netweb Technologies India Ltd. | 2160 | 35954 |
|  \* | Network18 Media & Investments Ltd. | 44858 | 23280 |
|  | Neuland Laboratories Ltd. | 2565 | 362898 |
|  | Newgen Software Technologies Ltd. | 14208 | 165814 |
|  | NHPC Ltd. | 481417 | 485997 |
|  | NIIT Learning Systems Ltd. | 17790 | 78411 |
|  | NIIT Ltd. | 26856 | 40984 |
|  | Nilkamal Ltd. | 985 | 18685 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |  |
|  W | Nippon Life India Asset Management Ltd. | 50583 | $378595 |
|  | Nitin Spinners Ltd. | 11677 | 48446 |
|  | NLC India Ltd. | 54656 | 147029 |
|  | NMDC Ltd. | 1035909 | 792874 |
|  \* | NMDC Steel Ltd. | 42663 | 17753 |
|  | NOCIL Ltd. | 36405 | 75569 |
|  | Novartis India Ltd. | 1627 | 14768 |
|  | NRB Bearings Ltd. | 15566 | 39990 |
|  | NTPC Ltd. | 331808 | 1386775 |
|  | Nucleus Software Exports Ltd. | 3278 | 33631 |
|  | Nuvama Wealth Management Ltd. | 1267 | 91954 |
|  \* | Nuvoco Vistas Corp. Ltd. | 28817 | 108802 |
|  | Oberoi Realty Ltd. | 23369 | 452549 |
|  \* | Odigma Consultancy Solutions Ltd. | 3414 | 1471 |
|  | Oil & Natural Gas Corp. Ltd. | 239495 | 690078 |
|  | Oil India Ltd. | 83878 | 406283 |
|  | One 97 Communications Ltd. | 33329 | 337553 |
|  \* | Onesource Specialty Pharma Ltd. | 11204 | 214335 |
|  \* | Optiemus Infracom Ltd. | 4174 | 25586 |
|  | Oracle Financial Services Software Ltd. | 5795 | 596690 |
|  \* | Orchid Pharma Ltd. | 4647 | 44188 |
|  | Orient Cement Ltd. | 37931 | 156454 |
|  | Orient Electric Ltd. | 40156 | 110326 |
|  \* | Orient Green Power Co. Ltd. | 328177 | 47697 |
|  | Orient Paper & Industries Ltd. | 20996 | 5896 |
|  | Oriental Hotels Ltd. | 18748 | 31490 |
|  | Page Industries Ltd. | 1292 | 691288 |
|  | Paisalo Digital Ltd. | 207585 | 79036 |
|  \* | Pakka Ltd. | 1910 | 3863 |
|  \* | Panacea Biotec Ltd. | 3283 | 21327 |
|  | Panama Petrochem Ltd. | 9000 | 38972 |
|  W | Parag Milk Foods Ltd., Class F | 19863 | 42286 |
|  \* | Paramount Communications Ltd. | 56849 | 32660 |
|  | Patanjali Foods Ltd. | 7673 | 172458 |
|  \* | Patel Engineering Ltd. | 178554 | 90419 |
|  \* | PB Fintech Ltd. | 13321 | 256175 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |  |
|  \* | PC Jeweller Ltd. | 908230 | $131451 |
|  | PCBL Chemical Ltd. | 56134 | 237555 |
|  | PDS Ltd. | 13008 | 57566 |
|  | Pearl Global Industries Ltd. | 5093 | 58145 |
|  \* | Pennar Industries Ltd. | 37772 | 81892 |
|  | Persistent Systems Ltd. | 22412 | 1401879 |
|  | Petronet LNG Ltd. | 254219 | 942463 |
|  | Pfizer Ltd. | 337 | 17136 |
|  | PG Electroplast Ltd. | 34484 | 346103 |
|  | Phoenix Mills Ltd. | 21055 | 408882 |
|  | PI Industries Ltd. | 14834 | 636499 |
|  | Pidilite Industries Ltd. | 21117 | 758181 |
|  | Piramal Enterprises Ltd. | 41686 | 475156 |
|  | Piramal Pharma Ltd. | 168063 | 419919 |
|  | Pitti Engineering Ltd. | 6318 | 70925 |
|  | PIX Transmissions Ltd. | 1966 | 33707 |
|  | PNB Gilts Ltd. | 16510 | 19127 |
|  \*W | PNB Housing Finance Ltd. | 57675 | 691582 |
|  | PNC Infratech Ltd. | 65236 | 204655 |
|  | Pokarna Ltd. | 5459 | 58302 |
|  | Poly Medicure Ltd. | 8995 | 274597 |
|  | Polycab India Ltd. | 9845 | 639758 |
|  | Polyplex Corp. Ltd. | 10619 | 153217 |
|  \* | Poonawalla Fincorp Ltd. | 65321 | 290534 |
|  | Power Finance Corp. Ltd. | 368379 | 1776082 |
|  | Power Grid Corp. of India Ltd. | 315983 | 1139233 |
|  | Power Mech Projects Ltd. | 6923 | 216213 |
|  | Praj Industries Ltd. | 35452 | 193852 |
|  | Prakash Industries Ltd. | 43935 | 89295 |
|  | Prakash Pipes Ltd. | 5045 | 24568 |
|  W | Prataap Snacks Ltd. | 4383 | 62805 |
|  | Precision Wires India Ltd. | 28086 | 44277 |
|  | Premier Explosives Ltd. (PRE IN) | 7450 | 36608 |
|  | Prestige Estates Projects Ltd. | 21095 | 341000 |
|  \* | Pricol Ltd. | 29873 | 154900 |
|  | Prince Pipes & Fittings Ltd. | 19848 | 59250 |
|  \* | Prism Johnson Ltd. | 41156 | 60047 |
|  | Privi Speciality Chemicals Ltd. | 2907 | 68256 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |  |
|  | Procter & Gamble Health Ltd. | 2345 | $140362 |
|  | Procter & Gamble Hygiene & Health Care Ltd. | 1276 | 215420 |
|  \* | PSP Projects Ltd. | 9255 | 69465 |
|  \* | PTC India Financial Services Ltd. | 74121 | 27971 |
|  | PTC India Ltd. | 96017 | 200570 |
|  | Punjab National Bank | 290053 | 342855 |
|  \* | Puravankara Ltd. | 14041 | 38354 |
|  \* | PVR Inox Ltd. | 25783 | 285850 |
|  W | Quess Corp. Ltd. | 25700 | 99877 |
|  | R Systems International Ltd. | 16373 | 60684 |
|  | Radico Khaitan Ltd. | 10971 | 316711 |
|  | Rail Vikas Nigam Ltd. | 47047 | 194167 |
|  | Railtel Corp. of India Ltd. | 8574 | 30099 |
|  | Rain Industries Ltd. | 80052 | 133200 |
|  \* | Rajesh Exports Ltd. | 11241 | 24035 |
|  | Rajratan Global Wire Ltd. | 2448 | 12014 |
|  | Rallis India Ltd. | 30135 | 84456 |
|  | Ram Ratna Wires Ltd. | 2398 | 14535 |
|  \* | Rama Steel Tubes Ltd. | 346512 | 40243 |
|  | Ramco Cements Ltd. | 46113 | 514038 |
|  | Ramco Industries Ltd. | 11599 | 31518 |
|  \* | Ramco Systems Ltd. | 5468 | 24171 |
|  | Ramkrishna Forgings Ltd. | 31319 | 220296 |
|  \* | Ramky Infrastructure Ltd. | 8559 | 47235 |
|  | Rane Holdings Ltd. | 2143 | 32492 |
|  | Rashtriya Chemicals & Fertilizers Ltd. | 50898 | 82004 |
|  \* | Rategain Travel Technologies Ltd. | 15004 | 76700 |
|  | Ratnamani Metals & Tubes Ltd. | 8851 | 283370 |
|  \* | RattanIndia Power Ltd. | 1336381 | 157177 |
|  \* | Raymond Lifestyle Ltd. | 8755 | 99521 |
|  | Raymond Ltd. | 10944 | 196863 |
|  W | RBL Bank Ltd. | 140110 | 330010 |
|  | REC Ltd. | 316211 | 1569574 |
|  | Redington Ltd. | 272773 | 790440 |
|  | Redtape Ltd. | 44380 | 69201 |
|  \* | Refex Industries Ltd. | 16206 | 77858 |
|  | Reliance Industrial Infrastructure Ltd. | 2313 | 23228 |

---

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**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |  |
|  W | Reliance Industries Ltd. (RIGD LI), GDR | 29313 | $1910213 |
|  | Reliance Industries Ltd. (RIL IN) | 167699 | 2764710 |
|  W | Reliance Industries Ltd. (RLNIY US), GDR | 44787 | 2924591 |
|  \* | Reliance Infrastructure Ltd. | 56222 | 168806 |
|  \* | Reliance Power Ltd. | 1148662 | 542457 |
|  \* | Religare Enterprises Ltd. | 41077 | 102394 |
|  | Repco Home Finance Ltd. | 15907 | 75257 |
|  | Responsive Industries Ltd. | 9620 | 20297 |
|  \* | Restaurant Brands Asia Ltd. | 13887 | 13382 |
|  | Rhi Magnesita India Ltd. | 2389 | 12428 |
|  | Rico Auto Industries Ltd. | 45453 | 34232 |
|  | RITES Ltd. | 46766 | 124533 |
|  | Rossari Biotech Ltd. | 6757 | 52366 |
|  | Route Mobile Ltd. | 10182 | 114675 |
|  | RPG Life Sciences Ltd. | 2149 | 53237 |
|  \* | RPSG Ventures Ltd. | 4168 | 40046 |
|  | Safari Industries India Ltd. | 7522 | 177948 |
|  | Sagar Cements Ltd. | 13964 | 34816 |
|  | Saksoft Ltd. | 9541 | 17273 |
|  \*W | Salasar Techno Engineering Ltd. | 308495 | 31464 |
|  | Sammaan Capital Ltd. | 120605 | 172600 |
|  | Samvardhana Motherson International Ltd. | 732553 | 1153119 |
|  | Sandhar Technologies Ltd. | 11047 | 48235 |
|  | Sandur Manganese & Iron Ores Ltd. | 7041 | 38013 |
|  | Sangam India Ltd. | 2725 | 12569 |
|  \* | Sanghi Industries Ltd. | 9371 | 6723 |
|  | Sanghvi Movers Ltd. | 16026 | 50175 |
|  | Sanofi Consumer Healthcare India Ltd. | 2286 | 133319 |
|  | Sanofi India Ltd. | 1986 | 139584 |
|  W | Sansera Engineering Ltd. | 16713 | 212543 |
|  \* | Sapphire Foods India Ltd. | 82855 | 310480 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |  |
|  | Sarda Energy & Minerals Ltd. | 27518 | $147679 |
|  | Saregama India Ltd. | 17350 | 107338 |
|  | Sasken Technologies Ltd. | 1618 | 29062 |
|  \* | Satin Creditcare Network Ltd. | 30050 | 58449 |
|  | Savita Oil Technologies Ltd. | 9160 | 40166 |
|  \* | SBFC Finance Ltd. | 144588 | 173394 |
|  | SBI Cards & Payment Services Ltd. | 76057 | 782864 |
|  W | SBI Life Insurance Co. Ltd. | 66446 | 1386116 |
|  | Schaeffler India Ltd. | 9181 | 375859 |
|  \* | Schneider Electric Infrastructure Ltd. | 18801 | 128590 |
|  \* | SEAMEC Ltd. | 1670 | 19271 |
|  \* | Selan Exploration Technology Ltd. | 3303 | 20654 |
|  | Senco Gold Ltd. | 13184 | 53822 |
|  \* | SEPC Ltd. | 285678 | 47474 |
|  \* | Sequent Scientific Ltd. | 34183 | 58026 |
|  | Seshasayee Paper & Boards Ltd. | 12371 | 39577 |
|  W | SH Kelkar & Co. Ltd. | 19760 | 46455 |
|  | Shaily Engineering Plastics Ltd. | 5713 | 102752 |
|  | Shakti Pumps India Ltd. | 11880 | 118318 |
|  | Shalby Ltd. | 7260 | 16100 |
|  | Shankara Building Products Ltd. | 6361 | 45560 |
|  | Shanthi Gears Ltd. | 4410 | 24873 |
|  | Sharda Cropchem Ltd. | 10774 | 69678 |
|  | Sharda Motor Industries Ltd. | 4954 | 100080 |
|  | Share India Securities Ltd. | 30675 | 53691 |
|  \* | Sheela Foam Ltd. | 6480 | 49150 |
|  \* | Shilpa Medicare Ltd. | 14302 | 109049 |
|  | Shipping Corp. of India Land & Assets Ltd. | 31983 | 18022 |
|  | Shipping Corp. of India Ltd. | 71030 | 148842 |
|  | Shivalik Bimetal Controls Ltd. | 8643 | 44600 |
|  \* | Shoppers Stop Ltd. | 7687 | 46429 |
|  | Shree Cement Ltd. | 1229 | 432506 |
|  \* | Shree Renuka Sugars Ltd. | 84449 | 28734 |
|  | Shriram Finance Ltd. | 288580 | 2082025 |
|  | Shriram Pistons & Rings Ltd. | 7350 | 156738 |

---

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**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |  |
|  \* | Shriram Properties Ltd. | 26303 | $23669 |
|  | Shyam Metalics & Energy Ltd. | 20810 | 210839 |
|  | Siemens Energy India Ltd. | 2953 | 86620 |
|  | Siemens Ltd. | 2953 | 100524 |
|  \* | SIS Ltd. | 8675 | 34660 |
|  | Siyaram Silk Mills Ltd. | 7622 | 59596 |
|  | SJS Enterprises Ltd. | 9085 | 99846 |
|  | SJVN Ltd. | 108525 | 120385 |
|  | SKF India Ltd. | 8294 | 380778 |
|  | Skipper Ltd. | 12026 | 64737 |
|  | Snowman Logistics Ltd. | 58611 | 35923 |
|  | Sobha Ltd. | 13194 | 206922 |
|  | Solar Industries India Ltd. | 4750 | 738581 |
|  \* | Solara Active Pharma Sciences Ltd. | 7723 | 45150 |
|  | Somany Ceramics Ltd. | 5293 | 26393 |
|  W | Sona Blw Precision Forgings Ltd. | 44182 | 251014 |
|  | Sonata Software Ltd. | 30932 | 152802 |
|  | South Indian Bank Ltd. | 716692 | 217852 |
|  \* | SP Apparels Ltd. | 2860 | 24679 |
|  \* | Spandana Sphoorty Financial Ltd. | 5962 | 19360 |
|  | SRF Ltd. | 26793 | 952017 |
|  \* | Star Cement Ltd. | 50861 | 132053 |
|  | State Bank of India (SBID LI), GDR | 2592 | 242020 |
|  | State Bank of India (SBIN IN) | 91425 | 852736 |
|  | State Bank of India (SBKFF US), GDR | 14169 | 1320551 |
|  | Steel Authority of India Ltd. | 180319 | 241657 |
|  | Steelcast Ltd. | 711 | 7320 |
|  \* | Sterlite Technologies Ltd. | 84822 | 61880 |
|  | STL Networks Ltd. | 84822 | 25964 |
|  | Stove Kraft Ltd. | 5323 | 38080 |
|  | Strides Pharma Science Ltd. | 22409 | 170507 |
|  \* | Stylam Industries Ltd. | 3206 | 59655 |
|  | Styrenix Performance Materials Ltd. | 3151 | 102054 |
|  \* | Subex Ltd. | 243613 | 34716 |
|  | Subros Ltd. | 7597 | 53982 |
|  | Sudarshan Chemical Industries Ltd. | 12869 | 154908 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |  |
|  | Sumitomo Chemical India Ltd. | 31476 | $188731 |
|  | Sun Pharmaceutical Industries Ltd. (SUNP IN) | 58729 | 1266295 |
|  | Sun TV Network Ltd. | 44956 | 329454 |
|  | Sundaram Finance Ltd. | 13605 | 842923 |
|  | Sundaram-Clayton Ltd. | 981 | 22989 |
|  | Sundram Fasteners Ltd. | 34060 | 368981 |
|  | Sundrop Brands Ltd. | 2049 | 18684 |
|  \* | Sunflag Iron & Steel Co. Ltd. | 16141 | 44517 |
|  | Sunteck Realty Ltd. | 22784 | 108091 |
|  | Suprajit Engineering Ltd. | 25072 | 113904 |
|  | Supreme Industries Ltd. | 13313 | 557004 |
|  | Supreme Petrochem Ltd. | 20730 | 160116 |
|  | Supriya Lifescience Ltd. | 9043 | 69123 |
|  \* | Suratwwala Business Group Ltd. | 12346 | 6408 |
|  | Surya Roshni Ltd. | 36702 | 111155 |
|  \* | Suryoday Small Finance Bank Ltd. | 29505 | 44522 |
|  \* | Suven Pharmaceuticals Ltd. | 16629 | 223553 |
|  | Suyog Telematics Ltd. | 1551 | 16716 |
|  \* | Suzlon Energy Ltd. | 1520073 | 1006395 |
|  | Swaraj Engines Ltd. | 1571 | 75808 |
|  | Symphony Ltd. | 4203 | 57221 |
|  \* | Syncom Formulations India Ltd. | 93510 | 18062 |
|  W | Syngene International Ltd. | 41967 | 312482 |
|  | TAJGVK Hotels & Resorts Ltd. | 4894 | 23593 |
|  | Talbros Automotive Components Ltd. | 9032 | 26693 |
|  | Tamil Nadu Newsprint & Papers Ltd. | 23351 | 36452 |
|  | Tamilnad Mercantile Bank Ltd. | 15374 | 79727 |
|  | Tanla Platforms Ltd. | 13869 | 78242 |
|  \* | TARC Ltd. | 39625 | 72446 |
|  | Tata Chemicals Ltd. | 52289 | 516273 |
|  | Tata Communications Ltd. | 24531 | 459678 |

---

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**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |  |
|  | Tata Consultancy Services Ltd. | 100112 | $4060646 |
|  | Tata Consumer Products Ltd. | 55449 | 761303 |
|  | Tata Elxsi Ltd. | 5322 | 361072 |
|  | Tata Motors Ltd. | 453383 | 3451071 |
|  | Tata Power Co. Ltd. | 164005 | 743397 |
|  | Tata Steel Ltd. | 1459133 | 2419681 |
|  | TCI Express Ltd. | 3436 | 27669 |
|  | TCPL Packaging Ltd. | 330 | 14145 |
|  | TD Power Systems Ltd. | 36390 | 184335 |
|  \* | TeamLease Services Ltd. | 2730 | 60726 |
|  | Tech Mahindra Ltd. | 54845 | 972258 |
|  | Techno Electric & Engineering Co. Ltd. | 15269 | 191593 |
|  \* | Technocraft Industries India Ltd. | 2009 | 56208 |
|  | Tega Industries Ltd. | 6156 | 97955 |
|  | Texmaco Infrastructure & Holdings Ltd. | 9920 | 11253 |
|  | Texmaco Rail & Engineering Ltd. | 73895 | 117957 |
|  | Thanga Mayil Jewellery Ltd. | 3982 | 98913 |
|  | Thejo Engineering Ltd. | 489 | 10319 |
|  | Themis Medicare Ltd. | 10120 | 15363 |
|  | Thermax Ltd. | 3798 | 147393 |
|  | Thirumalai Chemicals Ltd. | 24161 | 70665 |
|  | Thomas Cook India Ltd. | 69991 | 111181 |
|  W | Thyrocare Technologies Ltd. | 5647 | 58503 |
|  | Tilaknagar Industries Ltd. | 31728 | 106803 |
|  | Time Technoplast Ltd. | 48216 | 191421 |
|  | Timken India Ltd. | 12833 | 372278 |
|  | Tips Music Ltd. | 18206 | 135788 |
|  | Titagarh Rail System Ltd. | 20404 | 179882 |
|  | Titan Co. Ltd. | 39294 | 1559004 |
|  | Torrent Pharmaceuticals Ltd. | 16725 | 658599 |
|  | Torrent Power Ltd. | 27539 | 498911 |
|  | Tourism Finance Corp. of India Ltd. | 27303 | 64031 |
|  | Transformers & Rectifiers India Ltd. | 19366 | 113029 |
|  | TransIndia Real Estate Ltd. | 17001 | 6767 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |  |
|  | Transport Corp. of India Ltd. | 9519 | $116963 |
|  | Trent Ltd. | 24030 | 1458166 |
|  | Trident Ltd. | 498134 | 157558 |
|  | Triveni Engineering & Industries Ltd. | 34650 | 167584 |
|  | Triveni Turbine Ltd. | 49629 | 301977 |
|  | TTK Prestige Ltd. | 11883 | 85332 |
|  | Tube Investments of India Ltd. | 19140 | 653232 |
|  | TVS Holdings Ltd. | 1708 | 183735 |
|  | TVS Motor Co. Ltd. | 37752 | 1185478 |
|  | TVS Srichakra Ltd. | 949 | 32023 |
|  | Uflex Ltd. | 11450 | 74948 |
|  \* | Ugro Capital Ltd. | 21832 | 45043 |
|  W | Ujjivan Small Finance Bank Ltd. | 281875 | 141725 |
|  | UltraTech Cement Ltd. | 11545 | 1590115 |
|  \* | Unichem Laboratories Ltd. | 8574 | 61018 |
|  | Union Bank of India Ltd. | 384933 | 571142 |
|  | United Breweries Ltd. | 5542 | 140751 |
|  | United Spirits Ltd. | 30309 | 557353 |
|  | Universal Cables Ltd. | 1047 | 5462 |
|  | UNO Minda Ltd. | 39314 | 412254 |
|  \* | UPL Ltd. | 84334 | 645058 |
|  | Usha Martin Ltd. | 73660 | 252921 |
|  | UTI Asset Management Co. Ltd. | 23452 | 281356 |
|  \* | V2 Retail Ltd. | 4800 | 96173 |
|  \* | VA Tech Wabag Ltd. | 19194 | 293185 |
|  | Vadilal Industries Ltd. | 1081 | 80942 |
|  | Vaibhav Global Ltd. | 27281 | 70209 |
|  \* | Valor Estate Ltd. | 47564 | 98127 |
|  | Vardhman Special Steels Ltd. | 5501 | 15620 |
|  | Vardhman Textiles Ltd. | 48444 | 258687 |
|  \*W | Varroc Engineering Ltd. | 18385 | 93913 |
|  | Varun Beverages Ltd. | 137563 | 844989 |
|  \* | Vascon Engineers Ltd. | 8819 | 4126 |
|  | Vedant Fashions Ltd. | 11868 | 108761 |
|  | Vedanta Ltd. | 365040 | 1803968 |
|  | Veedol Corporation Ltd. | 3208 | 55715 |
|  | Venky's India Ltd. | 1668 | 33253 |
|  W | Venus Pipes & Tubes Ltd. | 3661 | 52420 |
|  \* | Veranda Learning Solutions Ltd. | 1852 | 4534 |
|  | Vesuvius India Ltd. | 2924 | 160746 |

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**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |  |
|  | V-Guard Industries Ltd. | 59427 | $253367 |
|  | Vijaya Diagnostic Centre Ltd. | 7935 | 94218 |
|  \* | Vikas Lifecare Ltd. | 183431 | 5517 |
|  | Vimta Labs Ltd. | 2204 | 26227 |
|  | Vinati Organics Ltd. | 7117 | 136207 |
|  | Vindhya Telelinks Ltd. | 2233 | 35175 |
|  | Vintage Coffee & Beverages Ltd. | 18364 | 21074 |
|  | Vishnu Chemicals Ltd. | 9726 | 48834 |
|  \* | VL E-Governance & IT Solutions Ltd. | 26050 | 14807 |
|  \* | Vodafone Idea Ltd. | 1147878 | 96682 |
|  | Voltamp Transformers Ltd. | 2467 | 213163 |
|  | Voltas Ltd. | 19581 | 286136 |
|  | VRL Logistics Ltd. | 13998 | 75316 |
|  | VST Industries Ltd. | 18503 | 63467 |
|  | VST Tillers Tractors Ltd. | 863 | 36084 |
|  \* | Walchandnagar Industries Ltd. | 11934 | 25590 |
|  \* | Websol Energy System Ltd. | 6705 | 103927 |
|  | Welspun Corp. Ltd. | 36054 | 326331 |
|  | Welspun Enterprises Ltd. | 16502 | 92445 |
|  | Welspun Living Ltd. | 80600 | 120304 |
|  | Wendt India Ltd. | 93 | 10792 |
|  | West Coast Paper Mills Ltd. | 14697 | 77595 |
|  \* | Westlife Foodworld Ltd. | 17558 | 137234 |
|  | Wheels India Ltd. | 702 | 5602 |
|  | Whirlpool of India Ltd. | 13351 | 197512 |
|  | Windlas Biotech Ltd. | 4235 | 48259 |
|  | Wipro Ltd. | 227530 | 647963 |
|  \* | Wockhardt Ltd. | 19457 | 299082 |
|  | Wonderla Holidays Ltd. | 8064 | 64319 |
|  | Yasho Industries Ltd. | 953 | 18922 |
|  \* | Yes Bank Ltd. | 2712095 | 568921 |
|  | Yuken India Ltd. | 808 | 7816 |
|  | Zee Entertainment Enterprises Ltd. | 109541 | 137084 |
|  \* | Zee Media Corp. Ltd. | 148263 | 24671 |
|  | Zen Technologies Ltd. | 16051 | 267482 |
|  | Zensar Technologies Ltd. | 46111 | 393768 |
|  | ZF Commercial Vehicle Control Systems India Ltd. | 573 | 84859 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |  |
|  | Zydus Lifesciences Ltd. | 53183 | $558127 |
|  | Zydus Wellness Ltd. | 6843 | 142493 |
|  TOTAL INDIA | TOTAL INDIA | TOTAL INDIA | 318472089 |
|  INDONESIA — (2.3%) | INDONESIA — (2.3%) | INDONESIA — (2.3%) |  |
|  | ABM Investama Tbk. PT | 243700 | 48770 |
|  \* | Adaro Minerals Indonesia Tbk. PT | 3404600 | 184740 |
|  | AKR Corporindo Tbk. PT | 2634900 | 199980 |
|  \* | Alam Sutera Realty Tbk. PT | 4460900 | 34420 |
|  | Alamtri Resources Indonesia Tbk. PT | 2054100 | 235297 |
|  \* | Amman Mineral Internasional PT | 539900 | 231849 |
|  | Aneka Tambang Tbk. PT | 4055000 | 530010 |
|  | Arwana Citramulia Tbk. PT | 1282000 | 45342 |
|  | Aspirasi Hidup Indonesia Tbk. PT | 3574200 | 115074 |
|  | Astra Agro Lestari Tbk. PT | 202100 | 72407 |
|  | Astra International Tbk. PT | 3748600 | 1083443 |
|  | Astra Otoparts Tbk. PT | 250300 | 32874 |
|  | Avia Avian Tbk. PT | 5007700 | 125702 |
|  | Bank Amar Indonesia Tbk. PT | 830585 | 8410 |
|  | Bank BTPN Syariah Tbk. PT | 1087400 | 77635 |
|  \* | Bank Bukopin Tbk. PT | 6045077 | 22184 |
|  | Bank Central Asia Tbk. PT | 5141200 | 2733526 |
|  \* | Bank Jago Tbk. PT | 589400 | 65685 |
|  | Bank Mandiri Persero Tbk. PT | 8936600 | 2639044 |
|  \* | Bank Mayapada International Tbk. PT | 1834728 | 21749 |
|  | Bank Maybank Indonesia Tbk. PT | 1456300 | 18051 |
|  \* | Bank Nationalnobu Tbk. PT | 744700 | 28509 |
|  | Bank Negara Indonesia Persero Tbk. PT | 1909300 | 481142 |
|  \* | Bank Neo Commerce Tbk. PT | 3831200 | 60042 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |  |
|  | Bank OCBC Nisp Tbk. PT | 1685100 | $132450 |
|  \* | Bank Pan Indonesia Tbk. PT | 979400 | 94906 |
|  | Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk. PT | 1053790 | 54937 |
|  \* | Bank Pembangunan Daerah Jawa Timur Tbk. PT | 1427000 | 44688 |
|  | Bank Rakyat Indonesia Persero Tbk. PT | 8438700 | 1954485 |
|  | Bank Syariah Indonesia Tbk. PT | 1568249 | 269727 |
|  | Bank Tabungan Negara Persero Tbk. PT | 3128612 | 198879 |
|  | Barito Pacific Tbk. PT | 1967363 | 88255 |
|  | Barito Renewables Energy Tbk. PT | 1347200 | 488149 |
|  | BFI Finance Indonesia Tbk. PT | 3312100 | 175012 |
|  | BISI International Tbk. PT | 429800 | 26164 |
|  | Blue Bird Tbk. PT | 206500 | 21549 |
|  \* | Buana Lintas Lautan Tbk. PT | 8145300 | 57416 |
|  \* | Bukalapak.com Tbk. PT | 18652900 | 163186 |
|  | Bukit Asam Tbk. PT | 2260900 | 375984 |
|  | Buma Internasional Grup Tbk. PT | 1889200 | 45791 |
|  \* | Bumi Resources Minerals Tbk. PT | 6757200 | 155796 |
|  \* | Bumi Resources Tbk. PT | 25335900 | 163116 |
|  \* | Bumi Serpong Damai Tbk. PT | 2423900 | 126298 |
|  \* | Capital Financial Indonesia Tbk. PT | 800300 | 38610 |
|  \* | Cemindo Gemilang PT**.** | 449000 | 23528 |
|  | Chandra Asri Pacific Tbk. PT | 158000 | 75059 |
|  | Charoen Pokphand Indonesia Tbk. PT | 1160900 | 331035 |
|  W | Cikarang Listrindo Tbk. PT | 536600 | 22948 |
|  | Ciputra Development Tbk. PT | 4074200 | 225848 |
|  | Cisarua Mountain Dairy Tbk. PT | 428100 | 118087 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |  |
|  \* | Citra Marga Nusaphala Persada Tbk. PT | 47700 | $4017 |
|  | Dayamitra Telekomunikasi PT | 3940100 | 147062 |
|  | Dharma Satya Nusantara Tbk. PT | 1466100 | 67592 |
|  \* | Dian Swastatika Sentosa Tbk. PT | 225300 | 617556 |
|  | Elang Mahkota Teknologi Tbk. PT | 4391800 | 141867 |
|  | Elnusa Tbk. PT | 1553500 | 43247 |
|  \* | Energi Mega Persada Tbk. PT | 7812600 | 90884 |
|  | Erajaya Swasembada Tbk. PT | 3903400 | 109405 |
|  | ESSA Industries Indonesia Tbk. PT | 3379800 | 123187 |
|  | Gajah Tunggal Tbk. PT | 597000 | 39582 |
|  | Garudafood Putra Putri Jaya Tbk. PT | 2126100 | 49445 |
|  | Golden Energy Mines Tbk. PT | 130300 | 72629 |
|  \* | Gudang Garam Tbk. PT | 194300 | 117278 |
|  | Hexindo Adiperkasa Tbk. PT | 58700 | 16643 |
|  | Hillcon Tbk. PT | 1183900 | 22683 |
|  | Impack Pratama Industri Tbk. PT | 2577700 | 52157 |
|  | Indah Kiat Pulp & Paper Tbk. PT | 849200 | 263666 |
|  | Indika Energy Tbk. PT | 759200 | 66136 |
|  | Indo Tambangraya Megah Tbk. PT | 201700 | 267377 |
|  | Indocement Tunggal Prakarsa Tbk. PT | 398800 | 128553 |
|  | Indofood CBP Sukses Makmur Tbk. PT | 251200 | 171672 |
|  | Indofood Sukses Makmur Tbk. PT | 1084300 | 523036 |
|  | Indomobil Sukses Internasional Tbk. PT | 326900 | 17057 |
|  | Indosat Tbk. PT | 1031500 | 108579 |
|  | Industri Jamu Dan Farmasi Sido Muncul Tbk. PT | 2986400 | 107061 |
|  \* | Jakarta International Hotels & Development Tbk. PT | 217900 | 10390 |

---

724

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |  |
|  | Japfa Comfeed Indonesia Tbk. PT | 3121900 | $342517 |
|  | Jasa Marga Persero Tbk. PT | 573800 | 148036 |
|  | Kalbe Farma Tbk. PT | 2080500 | 171485 |
|  \* | Kawasan Industri Jababeka Tbk. PT | 7745900 | 80760 |
|  \* | Lippo Karawaci Tbk. PT | 15773400 | 87521 |
|  | Map Aktif Adiperkasa PT | 3922900 | 153491 |
|  | Matahari Department Store Tbk. PT | 220800 | 23377 |
|  | Mayora Indah Tbk. PT | 1381700 | 189725 |
|  | MD Entertainment Tbk. PT | 329900 | 50212 |
|  | Medco Energi Internasional Tbk. PT | 3600400 | 227775 |
|  \* | Media Nusantara Citra Tbk. PT | 2605300 | 41180 |
|  | Medikaloka Hermina Tbk. PT | 2291100 | 156128 |
|  \* | Merdeka Battery Materials Tbk. PT | 8036600 | 150452 |
|  \* | Merdeka Copper Gold Tbk. PT | 1988842 | 200191 |
|  \* | Metro Healthcare Indonesia Tbk. PT | 6326800 | 79358 |
|  | Metrodata Electronics Tbk. PT | 2222200 | 74895 |
|  | Metropolitan Kentjana Tbk. PT | 9800 | 14683 |
|  | Mitra Adiperkasa Tbk. PT | 4063400 | 334551 |
|  | Mitra Keluarga Karyasehat Tbk. PT | 703600 | 106372 |
|  | Mitra Pinasthika Mustika Tbk. PT | 572200 | 35563 |
|  \* | MNC Digital Entertainment Tbk. PT | 769200 | 21883 |
|  \* | MNC Land Tbk. PT | 31971400 | 238923 |
|  W | Nusantara Sejahtera Raya Tbk. PT | 7197800 | 61638 |
|  | Pabrik Kertas Tjiwi Kimia Tbk. PT | 462600 | 142896 |
|  \* | Pacific Strategic Financial Tbk. PT | 512800 | 34268 |
|  | Pakuwon Jati Tbk. PT | 6376300 | 146563 |
|  \* | Panin Financial Tbk. PT | 5930100 | 137990 |
|  \* | Paninvest Tbk. PT | 361900 | 23145 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |  |
|  | Pantai Indah Kapuk Dua Tbk. PT | 45000 | $30900 |
|  | Perusahaan Gas Negara Tbk. PT | 2956900 | 300056 |
|  | Perusahaan Perkebunan London Sumatra Indonesia Tbk. PT | 1115800 | 78638 |
|  | Petrindo Jaya Kreasi Tbk. PT | 360700 | 154850 |
|  | Petrosea Tbk. PT | 631300 | 108465 |
|  | Prodia Widyahusada Tbk. PT | 53300 | 8924 |
|  \* | Puradelta Lestari Tbk. PT | 2683600 | 28107 |
|  | Rukun Raharja Tbk. PT | 352000 | 46059 |
|  | Salim Ivomas Pratama Tbk. PT | 923900 | 22925 |
|  | Samudera Indonesia Tbk. PT | 2328000 | 35643 |
|  \* | Sarana Meditama Metropolitan Tbk. PT | 494600 | 9183 |
|  | Sarana Menara Nusantara Tbk. PT | 9953800 | 341628 |
|  | Sariguna Primatirta Tbk. PT | 1210000 | 104320 |
|  | Sawit Sumbermas Sarana Tbk. PT | 1418300 | 133403 |
|  | Selamat Sempurna Tbk. PT | 654200 | 70243 |
|  | Semen Indonesia Persero Tbk. PT | 439754 | 69313 |
|  | Siloam International Hospitals Tbk. PT | 203000 | 31781 |
|  | Sumber Alfaria Trijaya Tbk. PT | 3465000 | 448560 |
|  | Sumber Tani Agung Resources Tbk. PT | 835200 | 45550 |
|  | Summarecon Agung Tbk. PT | 5111400 | 132856 |
|  | Surya Citra Media Tbk. PT | 7684800 | 94549 |
|  | Surya Semesta Internusa Tbk. PT | 2068100 | 105210 |
|  # | Telkom Indonesia Persero Tbk. PT (TLK US), ADR | 14503 | 226682 |
|  | Telkom Indonesia Persero Tbk. PT (TLKM IJ) | 3508400 | 552989 |
|  | Temas Tbk. PT | 2160000 | 18073 |

---

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |  |
|  | Tempo Scan Pacific Tbk. PT | 214000 | $34042 |
|  \* | Timah Tbk. PT | 1141900 | 81833 |
|  | Tower Bersama Infrastructure Tbk. PT | 545200 | 65192 |
|  | Transcoal Pacific Tbk. PT | 286900 | 96274 |
|  | Trimegah Bangun Persada Tbk. PT | 1922000 | 80974 |
|  | Triputra Agro Persada PT | 1916700 | 112644 |
|  | Tunas Baru Lampung Tbk. PT | 875957 | 36419 |
|  | Ultrajaya Milk Industry & Trading Co. Tbk. PT | 957500 | 79934 |
|  | Unilever Indonesia Tbk. PT | 1466400 | 151268 |
|  | United Tractors Tbk. PT | 548900 | 750137 |
|  \* | Vale Indonesia Tbk. PT | 905201 | 135711 |
|  \* | Waskita Beton Precast Tbk. PT | 1218000 | 1118 |
|  \*†† | Waskita Karya Persero Tbk. PT | 2217700 | 5061 |
|  \* | Wijaya Karya Persero Tbk. PT | 3300100 | 40555 |
|  | Wintermar Offshore Marine Tbk. PT | 317900 | 7302 |
|  | XLSMART Telecom Sejahtera Tbk. PT | 2684004 | 347489 |
|  TOTAL INDONESIA | TOTAL INDONESIA | TOTAL INDONESIA | 26646987 |
|  KUWAIT — (1.2%) | KUWAIT — (1.2%) | KUWAIT — (1.2%) |  |
|  | A'ayan Leasing & Investment Co. KSCP | 419684 | 222024 |
|  | A'ayan Real Estate Co. SAK | 38506 | 11217 |
|  \* | Acico Industries Co. KSC | 130042 | 29545 |
|  | Agility Public Warehousing Co. KSC | 289374 | 248522 |
|  | Al Ahli Bank of Kuwait KSCP | 212800 | 210841 |
|  | Al-Eid Food KSC | 39405 | 29840 |
|  | Ali Alghanim Sons Automotive Co. KSCC | 57171 | 195583 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) |  |
|  \* | Alimtiaz Investment Group KSC | 447472 | $43819 |
|  \* | Arabi Group Holding KSC | 39881 | 50095 |
|  | Arzan Financial Group for Financing & Investment KPSC | 258377 | 248130 |
|  \* | Asiya Capital Investments Co. KSCP | 209724 | 24353 |
|  | Boubyan Bank KSCP | 36346 | 80546 |
|  | Boubyan Petrochemicals Co. KSCP | 148007 | 335570 |
|  | Boursa Kuwait Securities Co. KPSC | 34890 | 308854 |
|  | Burgan Bank SAK | 214445 | 157748 |
|  | Combined Group Contracting Co. SAK | 52787 | 111623 |
|  | Commercial Facilities Co. SAKP | 121626 | 109051 |
|  | Commercial Real Estate Co. KSC | 366006 | 199580 |
|  | Gulf Bank KSCP | 374602 | 411141 |
|  | Gulf Cables & Electrical Industries Group Co. KSCP | 44177 | 325407 |
|  | Heavy Engineering & Ship Building Co. KSCP | 35728 | 108322 |
|  | Humansoft Holding Co. KSC | 39721 | 307628 |
|  \* | IFA Hotels & Resorts-KPSC | 19955 | 94071 |
|  | Integrated Holding Co. KCSC | 56031 | 104352 |
|  | Jazeera Airways Co. KSCP | 26853 | 97697 |
|  | JTC Logistics Transportation & Stevedoring Co. KSCP | 8881 | 10735 |
|  | KAMCO Investment Co. KSC | 40970 | 15938 |
|  \* | Kuwait Business Town Real Estate Co. KSCP | 113170 | 59454 |
|  \* | Kuwait Cement Co. KSC | 136339 | 108681 |
|  | Kuwait Finance House KSCP | 1203032 | 2840871 |

---

726

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) |  |
|  | Kuwait Financial Centre SAK | 180317 | $82580 |
|  | Kuwait Insurance Co. SAK | 11843 | 20886 |
|  | Kuwait International Bank KSCP | 514483 | 380298 |
|  | Kuwait Investment Co. SAK | 131386 | 73877 |
|  | Kuwait Real Estate Co. KSC | 225813 | 277136 |
|  | Kuwait Telecommunications Co | 136331 | 241120 |
|  | Mabanee Co. KPSC | 117361 | 303409 |
|  | Mezzan Holding Co. KSCC | 45389 | 141393 |
|  | Mobile Telecommunications Co. KSCP | 695469 | 1074281 |
|  \* | Munshaat Real Estate Projects Co. KSCP | 19944 | 10577 |
|  | National Bank of Kuwait SAKP | 803001 | 2497262 |
|  \* | National Consumer Holding Co. SAK | 82695 | 31540 |
|  | National Industries Group Holding SAK | 358140 | 291277 |
|  | National Investments Co. KSCP | 259257 | 209364 |
|  | Oula Fuel Marketing Co | 11782 | 20002 |
|  \* | Privatization Holding Co. KSCP | 167042 | 28781 |
|  \* | Rasiyat Holding Co | 20973 | 23973 |
|  | Salhia Real Estate Co. KSCP | 118431 | 173907 |
|  | Securities House KSC | 127694 | 28605 |
|  | Shamal Az-Zour Al-Oula for the First Phase of Az-Zour Power Plant KSC | 161560 | 78007 |
|  | Specialities Group Holding Co. KSCC | 36788 | 20170 |
|  \*†† | Sultan Center Food Products Co. KSC | 27711 | 3255 |
|  \* | United Real Estate Co. SAKP | 67038 | 45415 |
|  \* | Warba Bank KSCP | 1615040 | 1170991 |
|  TOTAL KUWAIT | TOTAL KUWAIT | TOTAL KUWAIT | 14329344 |
|  LUXEMBOURG — (0.0%) | LUXEMBOURG — (0.0%) | LUXEMBOURG — (0.0%) |  |
|  \*W | Allegro.eu SA | 44387 | 389470 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (2.1%) | MALAYSIA — (2.1%) | MALAYSIA — (2.1%) |  |
|  # | Able Global Bhd. | 78300 | $27586 |
|  # | Aeon Co. M Bhd. | 341000 | 115913 |
|  # | AEON Credit Service M Bhd. | 103100 | 142419 |
|  # | AFFIN Bank Bhd. | 199791 | 122587 |
|  | Ajinomoto Malaysia Bhd. | 7800 | 25824 |
|  | Alliance Bank Malaysia Bhd. | 220500 | 223733 |
|  | Allianz Malaysia Bhd. | 19400 | 82914 |
|  # | AME Elite Consortium Bhd. | 76900 | 28515 |
|  | AMMB Holdings Bhd. (AMM MK) | 358600 | 429034 |
|  | Ancom Nylex Bhd. | 209759 | 47160 |
|  #\* | Astro Malaysia Holdings Bhd. | 154300 | 6283 |
|  | Aumas Resources Bhd. | 183600 | 31452 |
|  | Aurelius Technologies Bhd. | 45700 | 33490 |
|  # | Axiata Group Bhd. | 732000 | 356260 |
|  # | Bank Islam Malaysia Bhd. | 333700 | 189591 |
|  | Batu Kawan Bhd. | 20200 | 88604 |
|  #\* | Berjaya Corp. Bhd. | 977502 | 66789 |
|  #\* | Berjaya Food Bhd. | 152753 | 11163 |
|  #\* | Berjaya Land Bhd. | 228300 | 15354 |
|  #\* | Bermaz Auto Bhd. | 285000 | 69366 |
|  # | British American Tobacco Malaysia Bhd. | 27500 | 41123 |
|  \* | Bumi Armada Bhd. | 1163900 | 132267 |
|  # | Bursa Malaysia Bhd. | 128900 | 220786 |
|  | CAB Cakaran Corp. Bhd. | 62400 | 7733 |
|  | Cahya Mata Sarawak Bhd. | 275000 | 60032 |
|  | Cape Ems Bhd. | 416300 | 23680 |
|  | Carlsberg Brewery Malaysia Bhd. | 47800 | 209227 |
|  | CCK Consolidated Holdings Bhd. | 67900 | 20594 |
|  | CelcomDigi Bhd. | 353300 | 313049 |
|  \* | Chin Hin Group Bhd. | 105100 | 49831 |
|  | CIMB Group Holdings Bhd. | 1277812 | 2110823 |
|  | Coastal Contracts Bhd. | 48000 | 15327 |
|  | Crescendo Corp. Bhd. | 85000 | 22877 |
|  # | CTOS Digital Bhd. | 398400 | 91388 |
|  # | D&O Green Technologies Bhd. | 158700 | 47848 |

---

727

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |
|  #\* | Dagang NeXchange Bhd. | 563800 | $33958 |
|  | Dayang Enterprise Holdings Bhd. | 166800 | 66589 |
|  | Dialog Group Bhd. | 422900 | 143202 |
|  | DRB-Hicom Bhd. | 336000 | 65028 |
|  # | Duopharma Biotech Bhd. | 97044 | 27195 |
|  | Dutch Lady Milk Industries Bhd. | 3400 | 22062 |
|  | DXN Holdings Bhd. | 268300 | 32067 |
|  # | Eastern & Oriental Bhd. | 385600 | 70580 |
|  # | Eco World Development Group Bhd. | 457300 | 199413 |
|  | EG Industries Bhd. | 94200 | 22512 |
|  \* | Ekovest Bhd. | 633500 | 45532 |
|  | Farm Fresh Bhd. | 220900 | 93755 |
|  | FGV Holdings Bhd. | 144300 | 36491 |
|  # | Formosa Prosonic Industries Bhd. | 61700 | 32183 |
|  | Fraser & Neave Holdings Bhd. | 24600 | 154044 |
|  | Frontken Corp. Bhd. | 400800 | 326127 |
|  # | Gamuda Bhd. | 179397 | 176754 |
|  | Gas Malaysia Bhd. | 110600 | 108358 |
|  | Genetec Technology Bhd. | 97200 | 23218 |
|  # | Genting Bhd. | 589000 | 437270 |
|  | Genting Malaysia Bhd. | 851100 | 338494 |
|  | Genting Plantations Bhd. | 98900 | 110787 |
|  | Globetronics Technology Bhd. | 52400 | 5779 |
|  \* | Greatech Technology Bhd. | 225400 | 76172 |
|  | Guan Chong Bhd. | 76000 | 59584 |
|  | HAP Seng Consolidated Bhd. | 96600 | 61868 |
|  | Hap Seng Plantations Holdings Bhd. | 105700 | 47308 |
|  | Hartalega Holdings Bhd. | 126500 | 65416 |
|  | Heineken Malaysia Bhd. | 30500 | 186400 |
|  #\* | HeiTech Padu Bhd. | 30800 | 15447 |
|  # | Hextar Global Bhd. | 236600 | 49983 |
|  | Hiap Teck Venture Bhd. | 329500 | 21389 |
|  | Hibiscus Petroleum Bhd. | 314900 | 113201 |
|  | Hong Leong Bank Bhd. | 35400 | 164083 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |
|  | Hong Leong Financial Group Bhd. | 22400 | $89147 |
|  | Hong Leong Industries Bhd. | 19600 | 61656 |
|  | Hup Seng Industries Bhd. | 112000 | 27004 |
|  # | IHH Healthcare Bhd. | 114000 | 182712 |
|  | IJM Corp. Bhd. | 363600 | 191510 |
|  | Inari Amertron Bhd. | 133700 | 59700 |
|  # | IOI Corp. Bhd. | 244400 | 207183 |
|  | IOI Properties Group Bhd. | 260800 | 110718 |
|  \* | Iskandar Waterfront City Bhd. | 140100 | 11881 |
|  | ITMAX SYSTEM Bhd. | 20900 | 17908 |
|  | JAKS Resources Bhd. | 248000 | 5503 |
|  # | Jaya Tiasa Holdings Bhd. | 304100 | 77544 |
|  \* | JCY International Bhd. | 137900 | 11549 |
|  | Keck Seng Malaysia Bhd. | 18200 | 22417 |
|  | Kelington Group Bhd. | 154700 | 120996 |
|  | Kenanga Investment Bank Bhd. | 154000 | 32264 |
|  | Kerjaya Prospek Group Bhd. | 76800 | 35462 |
|  | Kim Loong Resources Bhd. | 75700 | 38939 |
|  # | Kossan Rubber Industries Bhd. | 361400 | 153468 |
|  | KPJ Healthcare Bhd. | 333200 | 222120 |
|  #\* | KSL Holdings Bhd. | 119900 | 43263 |
|  # | Kuala Lumpur Kepong Bhd. | 67247 | 305966 |
|  | Lagenda Properties Bhd. | 120400 | 32957 |
|  | LBS Bina Group Bhd. | 400400 | 46389 |
|  # | Leong Hup International Bhd. | 495600 | 71782 |
|  | Lii Hen Industries Bhd. | 47900 | 5379 |
|  \*W | Lotte Chemical Titan Holding Bhd. | 164900 | 16846 |
|  # | LPI Capital Bhd. | 68000 | 226019 |
|  | Magni-Tech Industries Bhd. | 39000 | 19195 |
|  # | Magnum Bhd. | 228500 | 65962 |
|  | Mah Sing Group Bhd. | 592600 | 160586 |
|  | Malakoff Corp. Bhd. | 458400 | 84625 |
|  # | Malayan Banking Bhd. | 458500 | 1062485 |
|  | Malayan Cement Bhd. | 114300 | 132460 |
|  # | Malayan Flour Mills Bhd. | 313600 | 36673 |
|  | Malaysia Smelting Corp. Bhd. | 63100 | 36307 |

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |
|  # | Malaysian Pacific Industries Bhd. | 32100 | $139602 |
|  # | Malaysian Resources Corp. Bhd. | 684000 | 73059 |
|  # | Matrix Concepts Holdings Bhd. | 377025 | 124275 |
|  | Maxis Bhd. | 346300 | 297756 |
|  | MBM Resources Bhd. | 68200 | 90143 |
|  | MBSB Bhd. | 833400 | 138234 |
|  # | Mega First Corp. Bhd. | 197200 | 181256 |
|  | Mi Technovation Bhd. | 31700 | 13694 |
|  | MISC Bhd. | 189100 | 328820 |
|  | MKH Bhd. | 32700 | 7745 |
|  | MKH Oil Palm East Kalimantan Bhd. | 4671 | 671 |
|  # | MNRB Holdings Bhd. | 162400 | 76506 |
|  #W | Mr. DIY Group M Bhd. | 584500 | 227879 |
|  \* | Muhibbah Engineering M Bhd. | 204350 | 29002 |
|  | My EG Services Bhd. | 1120082 | 233540 |
|  # | Nationgate Holdings Bhd. | 145200 | 45942 |
|  # | Nestle Malaysia Bhd. | 10500 | 211603 |
|  # | NEXG Bhd. | 468600 | 37536 |
|  | Notion VTEC Bhd. | 99400 | 15482 |
|  †† | Nylex Malaysia Bhd. | 1640 | 17 |
|  # | OCK Group Bhd. | 270500 | 26667 |
|  | Oriental Holdings Bhd. | 69100 | 111875 |
|  | OSK Holdings Bhd. | 246600 | 97303 |
|  # | PA Resources Bhd. | 334200 | 15103 |
|  | Padini Holdings Bhd. | 141500 | 68493 |
|  | Pantech Group Holdings Bhd. | 133700 | 22634 |
|  | Pecca Group Bhd. | 76200 | 25977 |
|  # | Perak Transit Bhd. | 192900 | 31973 |
|  #\* | Perdana Petroleum Bhd. | 279000 | 11954 |
|  # | Petron Malaysia Refining & Marketing Bhd. | 9400 | 7163 |
|  # | Petronas Chemicals Group Bhd. | 293600 | 250521 |
|  # | Petronas Dagangan Bhd. | 42800 | 195755 |
|  # | Petronas Gas Bhd. | 51000 | 206766 |
|  | PPB Group Bhd. | 65500 | 188728 |
|  # | Press Metal Aluminium Holdings Bhd. | 364400 | 414165 |
|  | Public Bank Bhd. | 1517400 | 1573018 |
|  | QL Resources Bhd. | 221200 | 246051 |
|  #\* | Ranhill Utilities Bhd. | 83268 | 24112 |
|  # | RCE Capital Bhd. | 97200 | 29572 |
|  | RGB International Bhd. | 242700 | 19224 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |
|  | RHB Bank Bhd. | 258788 | $399171 |
|  | Sam Engineering & Equipment M Bhd. | 20000 | 15399 |
|  | Sarawak Oil Palms Bhd. | 132000 | 92505 |
|  | Scientex Bhd. | 240000 | 194613 |
|  | SD Guthrie Bhd. | 338100 | 371822 |
|  # | Sime Darby Bhd. | 781800 | 376771 |
|  | Sime Darby Property Bhd. | 535900 | 153921 |
|  | SKP Resources Bhd. | 331600 | 68459 |
|  #\* | Solarvest Holdings Bhd. | 100300 | 38813 |
|  | Southern Cable Group Bhd. | 109500 | 28504 |
|  | SP Setia Bhd. Group | 572800 | 145878 |
|  # | Sports Toto Bhd. | 195262 | 62286 |
|  | Sunway Bhd. | 106800 | 112579 |
|  # | Sunway Construction Group Bhd. | 104300 | 107846 |
|  \* | Supermax Corp. Bhd. | 395760 | 73039 |
|  # | Syarikat Takaful Malaysia Keluarga Bhd. | 119100 | 98381 |
|  # | Ta Ann Holdings Bhd. | 108300 | 99979 |
|  | Taliworks Corp. Bhd. | 101500 | 15196 |
|  # | Telekom Malaysia Bhd. | 116246 | 183202 |
|  | Tenaga Nasional Bhd. | 190900 | 613961 |
|  | Teo Seng Capital Bhd. | 54200 | 12817 |
|  | TIME dotCom Bhd. | 158300 | 188935 |
|  \* | Top Glove Corp. Bhd. | 592900 | 120857 |
|  #\* | Tropicana Corp. Bhd. | 394700 | 108219 |
|  # | TSH Resources Bhd. | 228800 | 57838 |
|  # | Uchi Technologies Bhd. | 61700 | 44098 |
|  | UEM Sunrise Bhd. | 560400 | 93472 |
|  # | Unisem M Bhd. | 39900 | 18339 |
|  | United Plantations Bhd. | 42750 | 226952 |
|  # | UOA Development Bhd. | 121200 | 47272 |
|  | Velesto Energy Bhd. | 1591500 | 57205 |
|  | ViTrox Corp. Bhd. | 61000 | 44256 |
|  | VS Industry Bhd. | 857400 | 156276 |
|  | Wasco Bhd. | 97700 | 20867 |
|  \* | WCT Holdings Bhd. | 444100 | 68168 |
|  # | Wellcall Holdings Bhd. | 73500 | 25458 |
|  | Westports Holdings Bhd. | 158700 | 156351 |
|  # | Yinson Holdings Bhd. | 470930 | 204113 |
|  | YTL Corp. Bhd. | 789200 | 350992 |

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |
|  # | YTL Power International Bhd. | 204900 | $162319 |
|  TOTAL MALAYSIA | TOTAL MALAYSIA | TOTAL MALAYSIA | 24196391 |
|  MEXICO — (2.5%) | MEXICO — (2.5%) | MEXICO — (2.5%) |  |
|  # | Alpek SAB de CV | 172805 | 87414 |
|  # | Alsea SAB de CV | 155262 | 348123 |
|  | America Movil SAB de CV (2228390D US), ADR | 111190 | 1916916 |
|  | America Movil SAB de CV (AMXB MM) | 765152 | 662126 |
|  | Arca Continental SAB de CV | 47401 | 499209 |
|  \* | Axtel SAB de CV | 209311 | 21454 |
|  W | Banco del Bajio SA | 426110 | 1022551 |
|  # | Becle SAB de CV | 83723 | 96785 |
|  | Bolsa Mexicana de Valores SAB de CV | 167515 | 352960 |
|  | Cemex SAB de CV (CEMEXCPO MM) | 963964 | 596256 |
|  | Cemex SAB de CV (CX US), Sponsored ADR | 154544 | 953536 |
|  \* | Cia Minera Autlan SAB de CV | 23783 | 6937 |
|  | Coca-Cola Femsa SAB de CV (KOF US), Sponsored ADR | 114 | 10731 |
|  | Coca-Cola Femsa SAB de CV (KOFUBL MM) | 43877 | 413677 |
|  \* | Consorcio ARA SAB de CV | 105588 | 18091 |
|  #\* | Controladora Vuela Cia de Aviacion SAB de CV (VOLARA MM), Class A | 319395 | 119220 |
|  # | Corp. Inmobiliaria Vesta SAB de CV | 202987 | 555017 |
|  | Corporativo Fragua SAB de CV | 1253 | 31947 |
|  | El Puerto de Liverpool SAB de CV, Class C1 | 32134 | 147983 |
|  | Fomento Economico Mexicano SAB de CV (FEMSAUBD MM) | 52931 | 556531 |
|  | GCC SAB de CV | 67475 | 566968 |
|  | Genomma Lab Internacional SAB de CV, Class B | 317366 | 370925 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |  |
|  | Gentera SAB de CV | 596886 | $1040643 |
|  | Gruma SAB de CV, Class B | 48801 | 929833 |
|  | Grupo Aeroportuario del Centro Norte SAB de CV | 75187 | 827343 |
|  | Grupo Aeroportuario del Pacifico SAB de CV (GAPB MM), Class B | 1705 | 34549 |
|  # | Grupo Aeroportuario del Pacifico SAB de CV (PAC US), ADR | 5700 | 1171407 |
|  | Grupo Aeroportuario del Sureste SAB de CV (ASR US), ADR | 1767 | 559326 |
|  | Grupo Aeroportuario del Sureste SAB de CV (ASURB MM), Class B | 3811 | 120346 |
|  # | Grupo Bimbo SAB de CV | 188822 | 574540 |
|  | Grupo Carso SAB de CV | 41482 | 288484 |
|  # | Grupo Comercial Chedraui SA de CV | 53583 | 346136 |
|  | Grupo Elektra SAB de CV | 2266 | 40443 |
|  | Grupo Financiero Banorte SAB de CV, Class O | 396256 | 3397692 |
|  \* | Grupo Financiero Inbursa SAB de CV, Class O | 210189 | 540304 |
|  | Grupo Herdez SAB de CV | 52030 | 148312 |
|  | Grupo Industrial Saltillo SAB de CV | 47090 | 43223 |
|  | Grupo Mexico SAB de CV | 443282 | 2300215 |
|  | Grupo Rotoplas SAB de CV | 69803 | 43141 |
|  # | Grupo Televisa SAB (TLEVICPO MM) | 532333 | 193817 |
|  | Grupo Televisa SAB (TV US), Sponsored ADR | 25711 | 46794 |
|  #\*W | Grupo Traxion SAB de CV | 71850 | 60344 |
|  \* | Industrias Penoles SAB de CV | 66238 | 1327395 |

---

730

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |  |
|  | Kimberly-Clark de Mexico SAB de CV, Class A | 346697 | $609931 |
|  # | La Comer SAB de CV | 150079 | 280941 |
|  | Megacable Holdings SAB de CV | 393870 | 958038 |
|  \*W | Nemak SAB de CV | 1121474 | 163556 |
|  \* | Ollamani SAB | 13139 | 31544 |
|  # | Operadora De Sites Mexicanos SAB de CV, Class A-1 | 143325 | 118326 |
|  # | Orbia Advance Corp. SAB de CV | 288479 | 194766 |
|  #\* | Promotora de Hoteles Norte 19 SAB De CV | 68246 | 16426 |
|  | Promotora y Operadora de Infraestructura SAB de CV (PINFRA MM) | 40779 | 456293 |
|  # | Qualitas Controladora SAB de CV | 45739 | 506008 |
|  | Regional SAB de CV | 126344 | 888444 |
|  #\* | Sitios Latinoamerica SAB de CV | 179805 | 31082 |
|  \* | Vista Energy SAB de CV (VIST US), ADR | 18312 | 827153 |
|  | Wal-Mart de Mexico SAB de CV | 396222 | 1255311 |
|  TOTAL MEXICO | TOTAL MEXICO | TOTAL MEXICO | 29727463 |
|  NETHERLANDS — (0.1%) | NETHERLANDS — (0.1%) | NETHERLANDS — (0.1%) |  |
|  | NEPI Rockcastle NV | 95632 | 733530 |
|  | Pepco Group NV | 46470 | 219903 |
|  TOTAL NETHERLANDS | TOTAL NETHERLANDS | TOTAL NETHERLANDS | 953433 |
|  PERU — (0.1%) | PERU — (0.1%) | PERU — (0.1%) |  |
|  | Cementos Pacasmayo SAA, ADR | 1995 | 10967 |
|  | Credicorp Ltd. | 4235 | 856275 |
|  | Intercorp Financial Services, Inc. | 2254 | 76343 |
|  TOTAL PERU | TOTAL PERU | TOTAL PERU | 943585 |
|  PHILIPPINES — (0.8%) | PHILIPPINES — (0.8%) | PHILIPPINES — (0.8%) |  |
|  \* | 8990 Holdings, Inc. | 186300 | 29259 |
|  | Aboitiz Equity Ventures, Inc. | 228800 | 133090 |
|  | Aboitiz Power Corp. | 161100 | 107510 |
|  | ACEN Corp. | 3196587 | 152805 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |  |
|  | Alliance Global Group, Inc. | 821400 | $90119 |
|  | Apex Mining Co., Inc. | 806000 | 96933 |
|  | Asia United Bank Corp. | 9470 | 11534 |
|  \* | Atlas Consolidated Mining & Development Corp. | 193200 | 14871 |
|  | Ayala Corp. | 24880 | 267061 |
|  | Ayala Land, Inc. | 727000 | 326132 |
|  \* | AyalaLand Logistics Holdings Corp. | 199500 | 5221 |
|  | Bank of the Philippine Islands | 178911 | 448588 |
|  | BDO Unibank, Inc. | 328236 | 942057 |
|  | Bloomberry Resorts Corp. | 1222400 | 74670 |
|  \* | Cebu Air, Inc. | 72800 | 45055 |
|  | Century Pacific Food, Inc. | 329700 | 225014 |
|  | China Banking Corp. | 213740 | 348211 |
|  | Converge Information & Communications Technology Solutions, Inc. | 715600 | 244482 |
|  | Cosco Capital, Inc. | 413300 | 43672 |
|  | D&L Industries, Inc. | 535900 | 54653 |
|  | DigiPlus Interactive Corp. | 286500 | 204447 |
|  \* | DITO CME Holdings Corp. | 1766000 | 42891 |
|  | DMCI Holdings, Inc. | 1280800 | 243201 |
|  | DoubleDragon Corp. | 74100 | 12929 |
|  | East West Banking Corp. | 63100 | 12453 |
|  | Emperador, Inc. | 122400 | 28644 |
|  | First Philippine Holdings Corp. | 7400 | 7748 |
|  | Ginebra San Miguel, Inc. | 13660 | 69927 |
|  \* | Global Ferronickel Holdings, Inc. | 454000 | 9011 |
|  | Globe Telecom, Inc. | 5504 | 191268 |
|  | GT Capital Holdings, Inc. | 30800 | 269912 |
|  | International Container Terminal Services, Inc. | 89550 | 547704 |
|  | JG Summit Holdings, Inc. | 822520 | 249935 |
|  | Jollibee Foods Corp. | 62860 | 258202 |
|  | Keepers Holdings, Inc. | 1422000 | 69897 |
|  | LT Group, Inc. | 753400 | 160340 |
|  | Manila Electric Co. | 16830 | 171762 |

---

731

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |  |
|  | Manila Water Co., Inc. | 274300 | $167506 |
|  | Megaworld Corp. | 3111000 | 99307 |
|  | Metropolitan Bank & Trust Co. | 317870 | 437915 |
|  W | Monde Nissin Corp. | 779200 | 108486 |
|  | Nickel Asia Corp. | 1696200 | 77328 |
|  | Petron Corp. | 604000 | 25403 |
|  | Philex Mining Corp. | 495900 | 59310 |
|  | Philippine National Bank | 104500 | 89834 |
|  | Philippine Seven Corp. | 74230 | 70671 |
|  | PLDT, Inc. (PHI US), Sponsored ADR | 6960 | 163351 |
|  | PLDT, Inc. (TEL PM) | 8400 | 195691 |
|  | Puregold Price Club, Inc. | 372600 | 213006 |
|  | Robinsons Land Corp. | 338600 | 70818 |
|  | Robinsons Retail Holdings, Inc. | 67790 | 47557 |
|  | San Miguel Corp. | 123440 | 173498 |
|  | Security Bank Corp. | 96550 | 114882 |
|  | Semirara Mining & Power Corp. | 299000 | 182054 |
|  \* | Shell Pilipinas Corp. | 73700 | 6867 |
|  | SM Investments Corp. | 5310 | 82658 |
|  | SM Prime Holdings, Inc. | 647500 | 282652 |
|  | STI Education Systems Holdings, Inc. | 433000 | 10331 |
|  | Synergy Grid & Development Phils, Inc. | 172000 | 35434 |
|  | Union Bank of the Philippines | 113493 | 65629 |
|  | Universal Robina Corp. | 305420 | 452444 |
|  | Vista Land & Lifescapes, Inc. | 439000 | 13116 |
|  | Wilcon Depot, Inc. | 559400 | 68313 |
|  TOTAL PHILIPPINES | TOTAL PHILIPPINES | TOTAL PHILIPPINES | 9525269 |
|  POLAND — (1.7%) | POLAND — (1.7%) | POLAND — (1.7%) |  |
|  \* | 11 bit studios SA | 100 | 5795 |
|  | AB SA | 3601 | 97184 |
|  \* | Action SA | 2226 | 12393 |
|  \* | Agora SA | 3744 | 9815 |
|  | Alior Bank SA | 31502 | 853636 |
|  | Amica SA | 943 | 15496 |
|  | Arctic Paper SA | 6617 | 26847 |
|  | ASBISc Enterprises PLC | 18216 | 125813 |
|  | Asseco Poland SA | 22210 | 917105 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) |  |
|  | Asseco South Eastern Europe SA | 3631 | $57913 |
|  | Auto Partner SA | 23420 | 123420 |
|  | Bank Handlowy w Warszawie SA | 8822 | 275153 |
|  \* | Bank Millennium SA | 83173 | 321746 |
|  \* | Bank Ochrony Srodowiska SA | 4752 | 14058 |
|  | Bank Polska Kasa Opieki SA | 29750 | 1491118 |
|  | Benefit Systems SA | 728 | 626837 |
|  | BNPP Bank Polska SA | 1479 | 41390 |
|  | Boryszew SA | 16052 | 25928 |
|  | Budimex SA | 2362 | 397005 |
|  \* | CCC SA | 9335 | 539776 |
|  | CD Projekt SA | 3018 | 186875 |
|  | Celon Pharma SA | 4770 | 32764 |
|  \* | CI Games SA | 24604 | 11530 |
|  \* | Cognor Holding SA | 53555 | 105096 |
|  | Cyber Folks SA | 2289 | 93890 |
|  \* | Cyfrowy Polsat SA | 70997 | 348194 |
|  | Develia SA | 152259 | 301734 |
|  \*W | Dino Polska SA | 4702 | 659161 |
|  | Dom Development SA | 2304 | 134210 |
|  \* | Echo Investment SA | 14488 | 17723 |
|  | Elektrotim SA | 948 | 13001 |
|  \* | Enea SA | 142952 | 541021 |
|  | Erbud SA | 2441 | 23932 |
|  | Eurocash SA | 26837 | 78680 |
|  \* | Grupa Azoty SA | 18665 | 102416 |
|  | Grupa Kety SA | 2810 | 643472 |
|  | Grupa Pracuj SA | 4178 | 66723 |
|  | ING Bank Slaski SA | 6358 | 552035 |
|  | Inter Cars SA | 1838 | 277621 |
|  \* | Jastrzebska Spolka Weglowa SA | 19346 | 123913 |
|  | KGHM Polska Miedz SA | 15712 | 501566 |
|  | KRUK SA | 6342 | 672778 |
|  | LPP SA | 134 | 548429 |
|  | Lubelski Wegiel Bogdanka SA | 2893 | 16686 |
|  \* | mBank SA | 1405 | 306128 |
|  | Mirbud SA | 37238 | 139716 |
|  | Mo-BRUK SA | 750 | 58009 |
|  \* | Mostostal Zabrze SA | 3152 | 4802 |
|  | Neuca SA | 324 | 61000 |
|  | Newag SA | 937 | 16427 |
|  | Orange Polska SA | 93085 | 239177 |
|  | ORLEN SA | 90702 | 1637928 |
|  | PCC Rokita SA | 522 | 10833 |
|  \* | PGE Polska Grupa Energetyczna SA | 162915 | 355825 |
|  \* | PKP Cargo SA | 14591 | 61533 |

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732

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) |  |
|  | PlayWay SA | 453 | $36529 |
|  \* | Polimex-Mostostal SA | 6386 | 6626 |
|  | Powszechna Kasa Oszczednosci Bank Polski SA | 87474 | 1681769 |
|  | Powszechny Zaklad Ubezpieczen SA | 95385 | 1488082 |
|  | Santander Bank Polska SA | 3979 | 612003 |
|  \* | Selvita SA | 2243 | 19721 |
|  | Stalexport Autostrady SA | 47250 | 37481 |
|  | Synektik SA | 1977 | 118511 |
|  \* | Tauron Polska Energia SA | 453496 | 711729 |
|  \* | TEN Square Games SA | 459 | 11608 |
|  | Text SA | 5283 | 75701 |
|  | Torpol SA | 5598 | 58734 |
|  | Unimot SA | 1602 | 66652 |
|  | Votum SA | 1901 | 20656 |
|  | Voxel SA | 910 | 34800 |
|  | VRG SA | 12611 | 12366 |
|  | Warsaw Stock Exchange | 5799 | 73637 |
|  | Wirtualna Polska Holding SA | 3330 | 79131 |
|  W | XTB SA | 23362 | 507564 |
|  \* | Zespol Elektrocieplowni Wroclawskich Kogeneracja SA | 715 | 9920 |
|  \* | Zespol Elektrowni Patnow Adamow Konin SA | 2547 | 12664 |
|  TOTAL POLAND | TOTAL POLAND | TOTAL POLAND | 20599140 |
|  QATAR — (1.1%) | QATAR — (1.1%) | QATAR — (1.1%) |  |
|  | Aamal Co. | 690990 | 157593 |
|  | Ahli Bank QSC | 7774 | 7825 |
|  | Al Khaleej Takaful Group QSC | 98362 | 64604 |
|  | Al Meera Consumer Goods Co. QSC | 29256 | 117010 |
|  | Al Rayan Bank | 705710 | 433335 |
|  | Alijarah Holding Co. QPSC | 111421 | 22206 |
|  | Baladna | 372506 | 124076 |
|  | Barwa Real Estate Co. | 536609 | 412937 |
|  | Commercial Bank PSQC | 670161 | 792317 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  QATAR — (Continued) | QATAR — (Continued) | QATAR — (Continued) |  |
|  \* | Dlala Brokerage & Investments Holding Co. QSC | 31913 | $8951 |
|  | Doha Bank QPSC | 869247 | 563694 |
|  | Doha Insurance Co. QSC | 36664 | 24901 |
|  | Dukhan Bank | 126402 | 121490 |
|  \* | Estithmar Holding QPSC | 288481 | 217911 |
|  | Gulf International Services QSC | 541377 | 458524 |
|  | Gulf Warehousing Co. | 150309 | 121619 |
|  | Industries Qatar QSC | 48898 | 168658 |
|  | Lesha Bank LLC | 292269 | 111176 |
|  | Mannai Corp. QSC | 54198 | 53629 |
|  \* | Mazaya Real Estate Development QPSC | 420752 | 69295 |
|  | Medicare Group | 96217 | 120903 |
|  | Mesaieed Petrochemical Holding Co. | 535422 | 207302 |
|  | Ooredoo QPSC | 145622 | 518803 |
|  | Qatar Aluminum Manufacturing Co. | 1021672 | 360067 |
|  | Qatar Electricity & Water Co. QSC | 59370 | 249223 |
|  | Qatar Fuel QSC | 74266 | 305963 |
|  | Qatar Gas Transport Co. Ltd. | 256681 | 322714 |
|  | Qatar Industrial Manufacturing Co. QSC | 105402 | 72890 |
|  | Qatar Insurance Co. SAQ | 459902 | 245885 |
|  | Qatar International Islamic Bank QSC | 136792 | 398680 |
|  | Qatar Islamic Bank QPSC | 93935 | 544833 |
|  | Qatar Islamic Insurance Group | 34156 | 78419 |
|  | Qatar National Bank QPSC | 798502 | 3662337 |
|  | Qatar National Cement Co. QSC | 150829 | 142117 |
|  | Qatar Navigation QSC | 160850 | 489958 |
|  | QLM Life & Medical Insurance Co. WLL | 21504 | 11473 |
|  | Salam International Investment Ltd. QSC | 324796 | 58913 |
|  | United Development Co. QSC | 605863 | 171757 |
|  | Vodafone Qatar QSC | 900390 | 583409 |
|  \* | Widam Food Co. | 34792 | 20159 |

---

733

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  QATAR — (Continued) | QATAR — (Continued) | QATAR — (Continued) |  |
|  | Zad Holding Co. | 23139 | $90544 |
|  TOTAL QATAR | TOTAL QATAR | TOTAL QATAR | 12708100 |
|  RUSSIA — (0.0%) | RUSSIA — (0.0%) |  |  |
|  \*†† | Gazprom PJSC (OGZPY US), Sponsored ADR | 146620 | 0 |
|  \*†† | Magnitogorsk Iron & Steel Works PJSC (MMK LI), Sponsored GDR | 3184 | 0 |
|  \*†† | PhosAgro PJSC | 29 | 0 |
|  \*†† | Polyus PJSC (PLZL LI), GDR | 1516 | 0 |
|  \*†† | RusHydro PJSC (RSHYY US), ADR | 12112 | 0 |
|  \*†† | Sberbank of Russia PJSC (SBER LI), Sponsored ADR | 96975 | 0 |
|  \*†† | Severstal PAO (SVJTY US), GDR | 4377 | 0 |
|  \*†† | VTB Bank PJSC (VTBR LI), GDR | 49902 | 0 |
|  SAUDI ARABIA — (5.0%) | SAUDI ARABIA — (5.0%) | SAUDI ARABIA — (5.0%) |  |
|  | Abdullah Al Othaim Markets Co. | 147384 | 354527 |
|  | Abdullah Saad Mohammed Abo Moati Stationaries Co. | 2408 | 25893 |
|  | ACWA Power Co. | 10659 | 914026 |
|  | Ades Holding Co. | 51707 | 208746 |
|  \* | Advanced Petrochemical Co. | 38743 | 311087 |
|  | Al Babtain Power & Telecommunication Co. | 19596 | 248012 |
|  \* | Al Gassim Investment Holding Co. | 2723 | 12825 |
|  | Al Hammadi Holding | 27475 | 293936 |
|  \* | Al Hassan Ghazi Ibrahim Shaker Co. | 7342 | 60344 |
|  | Al Jouf Agricultural Development Co. | 5570 | 70471 |
|  \* | Al Jouf Cement Co. | 14413 | 37949 |
|  \* | Al Khaleej Training & Education Co. | 9309 | 69381 |
|  | Al Masane Al Kobra Mining Co. | 1452 | 23421 |
|  | Al Moammar Information Systems Co. | 932 | 32722 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |
|  | Al Rajhi Bank | 191071 | $4963632 |
|  \* | Al Rajhi Co. for Co-operative Insurance | 4245 | 148432 |
|  | Al Yamamah Steel Industries Co. | 6566 | 61050 |
|  | Alamar Foods | 3694 | 66579 |
|  | Alandalus Property Co. | 12737 | 74014 |
|  | Alaseel Co. | 87562 | 93976 |
|  | Al-Dawaa Medical Services Co. | 9037 | 203514 |
|  | Aldrees Petroleum & Transport Services Co. | 16140 | 593217 |
|  | Al-Etihad Cooperative Insurance Co. | 8608 | 34850 |
|  | Alinma Bank | 165505 | 1281881 |
|  | AlJazira Takaful Ta'awuni Co. | 10973 | 41034 |
|  \* | AlKhorayef Water & Power Technologies Co. | 4378 | 189133 |
|  \* | Allianz Saudi Fransi Cooperative Insurance Co. | 7796 | 35752 |
|  | Almarai Co. JSC | 105297 | 1483217 |
|  | Almawarid Manpower Co. | 1569 | 63626 |
|  | Almunajem Foods Co. | 5934 | 130591 |
|  \* | Alujain Corp. | 14327 | 143719 |
|  \* | Amlak International Finance Co. | 11153 | 36794 |
|  \* | Anaam International Holding Group Co. | 3928 | 18491 |
|  | Arab National Bank | 122534 | 702847 |
|  \* | Arabia Insurance Cooperative Co. | 3689 | 12302 |
|  | Arabian Cement Co. | 21716 | 147166 |
|  W | Arabian Centres Co. | 47522 | 250974 |
|  | Arabian Contracting Services Co. | 6143 | 215999 |
|  | Arabian Drilling Co. | 13298 | 306472 |
|  | Arabian Internet & Communications Services Co. | 5211 | 398743 |
|  \* | Arabian Pipes Co. | 20478 | 50449 |
|  \* | Arabian Shield Cooperative Insurance Co. | 11421 | 53791 |
|  | Arriyadh Development Co. | 29648 | 271225 |

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734

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |
|  \* | ARTEX Industrial Investment Co. | 6507 | $23160 |
|  \* | Ash-Sharqiyah Development Co. | 4692 | 23118 |
|  | Astra Industrial Group Co. | 10786 | 429995 |
|  | Ataa Educational Co. | 7059 | 125148 |
|  \* | BAAN Holding Group Co. | 48127 | 27917 |
|  | Baazeem Trading Co. | 11310 | 18414 |
|  | Bank AlBilad | 98174 | 758673 |
|  \* | Bank Al-Jazira | 138846 | 500482 |
|  | Banque Saudi Fransi | 196506 | 962553 |
|  \* | Basic Chemical Industries Ltd. | 6002 | 45231 |
|  | Bawan Co. | 8598 | 126442 |
|  | BinDawood Holding Co. | 102991 | 173530 |
|  | Bupa Arabia for Cooperative Insurance Co. | 12940 | 580121 |
|  | Catrion Catering Holding Co. | 13280 | 417098 |
|  \* | Chubb Arabia Cooperative Insurance Co. | 3563 | 39941 |
|  | City Cement Co. | 23028 | 124375 |
|  | Co. for Cooperative Insurance | 11789 | 437042 |
|  | Dallah Healthcare Co. | 5423 | 176542 |
|  \* | Dar Al Arkan Real Estate Development Co. | 103695 | 605584 |
|  | Dr. Sulaiman Al Habib Medical Services Group Co. | 13572 | 1036012 |
|  | East Pipes Integrated Co. for Industry | 4865 | 174947 |
|  | Eastern Province Cement Co. | 14660 | 131376 |
|  | Electrical Industries Co. | 186979 | 355266 |
|  | Elm Co. | 2923 | 808857 |
|  \* | Emaar Economic City | 70648 | 286662 |
|  | Etihad Etisalat Co. | 96617 | 1618565 |
|  | First Milling Co. | 8115 | 127093 |
|  \* | Fitaihi Holding Group | 33088 | 35506 |
|  | Gulf Insurance Group | 8184 | 56554 |
|  \* | Gulf Union Cooperative Insurance Co. | 5589 | 21203 |
|  \* | Herfy Food Services Co. | 11216 | 73386 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |
|  | Jamjoom Pharmaceuticals Factory Co. | 4880 | $225607 |
|  | Jarir Marketing Co. | 127402 | 429040 |
|  | L'Azurde Co. for Jewelry | 14411 | 50708 |
|  | Leejam Sports Co. JSC | 8455 | 316047 |
|  \* | Liva Insurance Co. | 6506 | 26054 |
|  \* | Lumi Rental Co. | 7252 | 119397 |
|  \* | Malath Cooperative Insurance Co. | 6275 | 23255 |
|  \* | Mediterranean & Gulf Cooperative Insurance & Reinsurance Co. | 19081 | 114051 |
|  \* | Methanol Chemicals Co. | 8306 | 27597 |
|  \* | Middle East Healthcare Co. | 14673 | 272420 |
|  \* | Middle East Paper Co. | 19529 | 145532 |
|  \* | Middle East Specialized Cables Co. | 2123 | 20091 |
|  | Mobile Telecommunications Co. Saudi Arabia | 244056 | 830563 |
|  | Mouwasat Medical Services Co. | 17377 | 336379 |
|  | Nahdi Medical Co. | 8727 | 264349 |
|  \* | Najran Cement Co. | 34779 | 78511 |
|  \* | National Agriculture Development Co. | 47949 | 284566 |
|  | National Co. for Glass Industries | 2778 | 33672 |
|  | National Co. for Learning & Education | 3591 | 150075 |
|  | National Gas & Industrialization Co. | 6578 | 155331 |
|  \* | National Gypsum | 2758 | 15161 |
|  \* | National Industrialization Co. | 135891 | 334787 |
|  | National Medical Care Co. | 3747 | 149078 |
|  \* | National Metal Manufacturing & Casting Co. | 2893 | 11994 |
|  | Nayifat Finance Co. | 23632 | 80734 |
|  | Northern Region Cement Co. | 36528 | 84192 |

---

735

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |
|  \* | Perfect Presentation For Commercial Services Co. | 31562 | $105289 |
|  | Power & Water Utility Co. for Jubail & Yanbu | 11690 | 136433 |
|  | Qassim Cement Co. | 16460 | 231762 |
|  \* | Rabigh Refining & Petrochemical Co. | 156502 | 297161 |
|  | Retal Urban Development Co. | 82174 | 369745 |
|  | Riyad Bank | 224505 | 1843020 |
|  | Riyadh Cables Group Co. | 7940 | 269397 |
|  | Riyadh Cement Co. | 21193 | 191716 |
|  | SABIC Agri-Nutrients Co. | 35736 | 941379 |
|  | Sahara International Petrochemical Co. | 70242 | 356060 |
|  | SAL Saudi Logistics Services | 3306 | 161122 |
|  \* | Saudi Arabian Amiantit Co. | 3370 | 20879 |
|  \* | Saudi Arabian Cooperative Insurance Co. | 5134 | 21229 |
|  \* | Saudi Arabian Mining Co. | 81078 | 1105122 |
|  W | Saudi Arabian Oil Co. | 750607 | 5074852 |
|  | Saudi Aramco Base Oil Co. | 12339 | 326865 |
|  | Saudi Automotive Services Co. | 11299 | 199101 |
|  | Saudi Awwal Bank | 164764 | 1541763 |
|  | Saudi Basic Industries Corp. | 70925 | 1153287 |
|  | Saudi Cement Co. | 30448 | 373688 |
|  \* | Saudi Ceramic Co. | 15841 | 118992 |
|  \* | Saudi Chemical Co. Holding | 147574 | 333932 |
|  | Saudi Electricity Co. | 85812 | 342681 |
|  | Saudi Industrial Investment Group | 132211 | 533256 |
|  | Saudi Investment Bank | 102509 | 411844 |
|  \* | Saudi Kayan Petrochemical Co. | 294329 | 452844 |
|  \* | Saudi Marketing Co. | 7263 | 39694 |
|  | Saudi National Bank | 243529 | 2320349 |
|  | Saudi Paper Manufacturing Co. | 5990 | 109387 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |
|  \* | Saudi Pharmaceutical Industries & Medical Appliances Corp. | 19061 | $129582 |
|  \* | Saudi Printing & Packaging Co. | 5361 | 17491 |
|  \* | Saudi Public Transport Co. | 27933 | 122477 |
|  \* | Saudi Real Estate Co. | 37083 | 228670 |
|  \* | Saudi Reinsurance Co. | 28081 | 370589 |
|  \* | Saudi Research & Media Group | 4691 | 216716 |
|  | Saudi Steel Pipe Co. | 7705 | 113616 |
|  | Saudi Tadawul Group Holding Co. | 5149 | 252234 |
|  | Saudi Telecom Co. | 374122 | 4749765 |
|  | Saudia Dairy & Foodstuff Co. | 5010 | 408077 |
|  \* | Savola Group | 35702 | 298279 |
|  | Scientific & Medical Equipment House Co. | 4617 | 49356 |
|  \* | Seera Group Holding | 57986 | 378533 |
|  \* | Shams | 139151 | 32068 |
|  \* | SHL Finance Co. | 11644 | 62351 |
|  \* | Sinad Holding Co. | 20091 | 62905 |
|  | Southern Province Cement Co. | 25125 | 208087 |
|  | Sustained Infrastructure Holding Co. | 16431 | 130029 |
|  \* | Tabuk Agriculture | 3240 | 10455 |
|  | Tabuk Cement Co. | 12595 | 41482 |
|  \* | Takween Advanced Industries Co. | 5208 | 12315 |
|  | Tanmiah Food Co. | 3778 | 106880 |
|  | Theeb Rent A Car Co. | 7874 | 140261 |
|  \* | Tihama Advertising & Public Relations Co. | 4455 | 19245 |
|  \* | Umm Al-Qura Cement Co. | 4429 | 21251 |
|  | United Electronics Co. | 12913 | 323428 |
|  | United International Transportation Co. | 16618 | 327491 |
|  | United Wire Factories Co. | 4440 | 29607 |
|  \* | Wafrah for Industry & Development | 1162 | 9893 |
|  \* | Walaa Cooperative Insurance Co. | 20570 | 104299 |
|  \* | Wataniya Insurance Co. | 7764 | 43941 |
|  | Yamama Cement Co. | 31933 | 309851 |
|  | Yanbu Cement Co. | 28852 | 167856 |

---

736

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |
|  | Yanbu National Petrochemical Co. | 41671 | $355278 |
|  | Zahrat Al Waha For Trading Co. | 3563 | 28560 |
|  TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA | 58902561 |
|  SOUTH AFRICA — (4.3%) | SOUTH AFRICA — (4.3%) | SOUTH AFRICA — (4.3%) |  |
|  | Absa Group Ltd. | 125465 | 1157907 |
|  | Adcock Ingram Holdings Ltd. | 26663 | 70396 |
|  | Advtech Ltd. | 146896 | 244518 |
|  | AECI Ltd. | 48036 | 265078 |
|  | African Rainbow Minerals Ltd. | 47148 | 395312 |
|  | Afrimat Ltd. | 43235 | 123039 |
|  | Alexander Forbes Group Holdings Ltd. | 90998 | 37773 |
|  | Altron Ltd., Class A | 57643 | 63059 |
|  # | Anglo American Platinum Ltd. | 12319 | 421852 |
|  | Aspen Pharmacare Holdings Ltd. | 71312 | 468270 |
|  | Astral Foods Ltd. | 16539 | 153803 |
|  | AVI Ltd. | 127821 | 621774 |
|  | Barloworld Ltd. | 98492 | 573691 |
|  | Bid Corp. Ltd. | 46772 | 1175382 |
|  | Bidvest Group Ltd. | 75354 | 955291 |
|  \* | Blue Label Telecoms Ltd. | 167238 | 75372 |
|  \* | Brait PLC | 461459 | 53235 |
|  | Capitec Bank Holdings Ltd. | 7411 | 1375527 |
|  | Cashbuild Ltd. | 4867 | 40156 |
|  | Caxton & CTP Publishers & Printers Ltd. | 20139 | 13002 |
|  | City Lodge Hotels Ltd. | 120852 | 26447 |
|  | Clicks Group Ltd. | 49937 | 1063682 |
|  | Coronation Fund Managers Ltd. | 72257 | 148251 |
|  | Curro Holdings Ltd. | 148271 | 71263 |
|  | DataTec Ltd. | 110814 | 344898 |
|  W | Dis-Chem Pharmacies Ltd. | 177851 | 302224 |
|  | Discovery Ltd. | 51294 | 569757 |
|  | DRDGOLD Ltd. (DRD SJ) | 50000 | 73680 |
|  | DRDGOLD Ltd. (DRD US), Sponsored ADR | 10742 | 160056 |
|  # | Exxaro Resources Ltd. | 93838 | 768238 |
|  | Famous Brands Ltd. | 25850 | 78502 |
|  | FirstRand Ltd. | 429640 | 1682187 |
|  | Foschini Group Ltd. | 181907 | 1267382 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |  |
|  # | Gold Fields Ltd. (GFI US), Sponsored ADR | 154609 | $3484887 |
|  | Grindrod Ltd. | 268633 | 167637 |
|  | Harmony Gold Mining Co. Ltd. (HAR SJ) | 48266 | 758373 |
|  | Harmony Gold Mining Co. Ltd. (HMY US), Sponsored ADR | 116572 | 1854661 |
|  | Hudaco Industries Ltd. | 9043 | 90975 |
|  \* | Impala Platinum Holdings Ltd. | 139172 | 827675 |
|  | Investec Ltd. | 35261 | 220067 |
|  | Invicta Holdings Ltd. | 5930 | 10299 |
|  \* | iOCO Ltd. | 151111 | 24076 |
|  | Italtile Ltd. | 143782 | 75010 |
|  | JSE Ltd. | 14844 | 101654 |
|  \* | KAP Ltd. | 1192857 | 178566 |
|  | Kumba Iron Ore Ltd. | 16536 | 288937 |
|  | Lewis Group Ltd. | 13284 | 48828 |
|  | Life Healthcare Group Holdings Ltd. | 601292 | 473703 |
|  | Merafe Resources Ltd. | 305519 | 18417 |
|  \* | Metair Investments Ltd. | 44283 | 17682 |
|  | Momentum Group Ltd. | 540550 | 989336 |
|  | Motus Holdings Ltd. | 90941 | 425988 |
|  | Mpact Ltd. | 18342 | 26647 |
|  | Mr. Price Group Ltd. | 78917 | 1008628 |
|  | MTN Group Ltd. | 368614 | 2439604 |
|  \* | MultiChoice Group | 42369 | 247656 |
|  \* | Nampak Ltd. | 2354 | 53523 |
|  | Naspers Ltd., Class N | 5833 | 1533741 |
|  | Nedbank Group Ltd. | 93403 | 1275733 |
|  | Netcare Ltd. | 599519 | 440515 |
|  | Ninety One Ltd. | 68065 | 131583 |
|  | Northam Platinum Holdings Ltd. | 183390 | 1230944 |
|  \* | Nutun Ltd. | 238170 | 23685 |
|  | Oceana Group Ltd. | 42625 | 134839 |
|  | Old Mutual Ltd. (OMU SJ) | 2081053 | 1269783 |
|  | Omnia Holdings Ltd. | 71474 | 263398 |
|  | OUTsurance Group Ltd. | 160319 | 659390 |
|  W | Pepkor Holdings Ltd. | 704411 | 1019715 |
|  \* | Pick n Pay Stores Ltd. | 196750 | 296807 |
|  | PPC Ltd. | 545075 | 136370 |
|  | Premier Group Ltd. | 10202 | 75271 |
|  | PSG Financial Services Ltd. | 242553 | 259873 |
|  | Raubex Group Ltd. | 103850 | 246396 |
|  | Reunert Ltd. | 78843 | 262504 |
|  | RFG Holdings Ltd. | 21913 | 21976 |
|  | Sanlam Ltd. | 163553 | 744664 |

---

737

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |  |
|  | Santam Ltd. | 13986 | $303310 |
|  | Sappi Ltd. | 299603 | 561778 |
|  \* | Sasol Ltd. (SOL SJ) | 152277 | 525974 |
|  | Shoprite Holdings Ltd. | 67296 | 1035428 |
|  \* | Sibanye Stillwater Ltd. (SBSW US), ADR | 108783 | 505841 |
|  \* | Sibanye Stillwater Ltd. (SSW SJ) | 398166 | 454905 |
|  | Southern Sun Ltd. | 263769 | 117196 |
|  \* | SPAR Group Ltd. | 93837 | 578244 |
|  | Spur Corp. Ltd. | 6164 | 11229 |
|  | Stadio Holdings Ltd. | 45933 | 19370 |
|  | Standard Bank Group Ltd. | 270080 | 3372801 |
|  | Sun International Ltd. | 74980 | 161662 |
|  | Super Group Ltd. | 194245 | 301709 |
|  \* | Telkom SA SOC Ltd. | 167439 | 354675 |
|  # | Thungela Resources Ltd. (TGA SJ) | 60378 | 300369 |
|  | Tiger Brands Ltd. | 60875 | 949353 |
|  | Truworths International Ltd. | 130622 | 521122 |
|  | Tsogo Sun Ltd. | 210893 | 93705 |
|  | Vodacom Group Ltd. | 113318 | 838467 |
|  | We Buy Cars Holdings Ltd. | 50218 | 116557 |
|  | Wilson Bayly Holmes-Ovcon Ltd. | 23349 | 241290 |
|  | Woolworths Holdings Ltd. | 223172 | 691994 |
|  | Zeda Ltd. | 75515 | 42481 |
|  TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA | 50800480 |
|  SOUTH KOREA — (13.8%) | SOUTH KOREA — (13.8%) | SOUTH KOREA — (13.8%) |  |
|  \* | 3S Korea Co. Ltd. | 10371 | 16962 |
|  | ABOV Semiconductor Co. Ltd. | 2124 | 15036 |
|  \* | ADTechnology Co. Ltd. | 1694 | 17806 |
|  | Advanced Nano Products Co. Ltd. | 1292 | 49167 |
|  | Advanced Process Systems Corp. | 4914 | 58903 |
|  | Aekyung Chemical Co. Ltd. | 10934 | 88125 |
|  | Aekyung Industrial Co. Ltd. | 5255 | 50306 |
|  \* | Agabang & Company | 5822 | 28678 |
|  | Ahnlab, Inc. | 789 | 37265 |
|  \* | Air Busan Co. Ltd. | 21199 | 30600 |
|  | Ajin Industrial Co. Ltd. | 17463 | 36256 |
|  \* | Alteogen, Inc. | 1255 | 309558 |
|  \* | ALUKO Co. Ltd. | 23633 | 35237 |
|  \* | Amicogen, Inc. | 6097 | 14597 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  | Amorepacific Corp. | 2454 | $215220 |
|  | Amorepacific Holdings Corp. | 13582 | 219716 |
|  \* | Ananti, Inc. | 22606 | 107577 |
|  \* | Anapass, Inc. | 3919 | 53603 |
|  \* | Anterogen Co. Ltd. | 1345 | 21400 |
|  \* | Aprogen Biologics | 34072 | 16695 |
|  \* | Aprogen, Inc. | 33975 | 16637 |
|  \* | APT Neuroscience, Inc. | 21604 | 17018 |
|  | Asia Cement Co. Ltd. | 7032 | 54410 |
|  | ASIA Holdings Co. Ltd. | 353 | 64782 |
|  \* | Asia Pacific Satellite, Inc. | 1665 | 14495 |
|  | Asia Paper Manufacturing Co. Ltd. | 10425 | 50670 |
|  | ATEC Mobility Co. Ltd. | 1541 | 17966 |
|  | ATON, Inc. | 5773 | 23070 |
|  | Avaco Co. Ltd. | 1995 | 18444 |
|  | Baiksan Co. Ltd. | 4498 | 44986 |
|  | BGF Co. Ltd. | 11107 | 28014 |
|  | BGF retail Co. Ltd. | 2796 | 211281 |
|  | BGFecomaterials Co. Ltd. | 9172 | 18963 |
|  # | BH Co. Ltd. | 12835 | 111199 |
|  \* | BHI Co. Ltd. | 4074 | 80944 |
|  | Binggrae Co. Ltd. | 1954 | 129859 |
|  | Bio Plus Co. Ltd. | 6144 | 33079 |
|  \* | Biodyne Co. Ltd. | 3385 | 35278 |
|  \* | Bioneer Corp. | 4057 | 44843 |
|  | BioNote, Inc. | 19686 | 63357 |
|  | BIT Computer Co. Ltd. | 5021 | 18729 |
|  \* | BNC Korea Co. Ltd. | 14197 | 41493 |
|  | BNK Financial Group, Inc. | 58466 | 426160 |
|  | Boditech Med, Inc. | 3922 | 47670 |
|  | BoKwang Industry Co. Ltd. | 6273 | 18296 |
|  | Boryung | 10368 | 61751 |
|  \* | Bukwang Pharmaceutical Co. Ltd. | 8221 | 23170 |
|  | BYC Co. Ltd. | 610 | 12160 |
|  | Byucksan Corp. | 14139 | 24323 |
|  | C&C International Co. Ltd. | 1132 | 25644 |
|  \* | Cafe24 Corp. | 5011 | 211327 |
|  | Cape Industries Ltd. | 6603 | 30201 |
|  | Caregen Co. Ltd. | 4970 | 83254 |
|  \* | Celltrion Pharm, Inc. | 1903 | 64261 |
|  | Celltrion, Inc. | 3455 | 391820 |
|  \* | Chabiotech Co. Ltd. | 5138 | 39699 |
|  | Cheil Electric Co. Ltd. | 3144 | 19236 |

---

738

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  | Cheil Worldwide, Inc. | 21826 | $284863 |
|  | Chemtronics Co. Ltd. | 5189 | 81168 |
|  | Cheryong Electric Co. Ltd. | 3474 | 76620 |
|  | Chips&Media, Inc. | 825 | 9518 |
|  \* | Choil Aluminum Co. Ltd. | 17841 | 21368 |
|  | Chong Kun Dang Pharmaceutical Corp. | 2552 | 146102 |
|  | Chongkundang Holdings Corp. | 712 | 23235 |
|  \* | Chorokbaem Media Co. Ltd. | 3355 | 11600 |
|  \* | Chunbo Co. Ltd. | 561 | 14288 |
|  \* | CJ CGV Co. Ltd. | 36827 | 125911 |
|  | CJ CheilJedang Corp. | 3044 | 511956 |
|  | CJ Corp. | 4763 | 416351 |
|  \* | CJ ENM Co. Ltd. | 6117 | 266058 |
|  | CJ Freshway Corp. | 3540 | 60456 |
|  | CJ Logistics Corp. | 3464 | 202076 |
|  \* | CJ Seafood Corp. | 3549 | 7847 |
|  | CKD Bio Corp. | 1435 | 23232 |
|  # | Classys, Inc. | 3918 | 177162 |
|  | CLIO Cosmetics Co. Ltd. | 2840 | 36006 |
|  \* | CMG Pharmaceutical Co. Ltd. | 16036 | 27835 |
|  \* | CoAsia Corp. | 3630 | 8111 |
|  \* | Com2uS Holdings Corp. | 2279 | 31862 |
|  | Com2uSCorp. | 3548 | 98223 |
|  | Coocon Corp. | 2027 | 28779 |
|  | Cosmax, Inc. | 2803 | 340155 |
|  | Cosmecca Korea Co. Ltd. | 2257 | 68638 |
|  \* | CosmoAM&T Co. Ltd .. | 1916 | 53074 |
|  \* | Cosmochemical Co. Ltd. | 4021 | 43860 |
|  | Coway Co. Ltd. | 17313 | 1065969 |
|  | Cowintech Co. Ltd. | 3449 | 31360 |
|  | CR Holdings Co. Ltd. | 1168 | 4287 |
|  \* | Creative & Innovative System | 20591 | 104661 |
|  | Creverse, Inc. | 1777 | 17940 |
|  \* | CrystalGenomics Invites Co. Ltd. | 8327 | 11770 |
|  | CS Wind Corp. | 8776 | 239566 |
|  \* | CTC BIO, Inc. | 2105 | 10193 |
|  \* | Cube Entertainment, Inc. | 1822 | 25199 |
|  | Cuckoo Holdings Co. Ltd. | 3529 | 60326 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  | Cuckoo Homesys Co. Ltd. | 3172 | $50823 |
|  | D.I Corp. | 1927 | 19015 |
|  \*†† | DA Technology Co. Ltd. | 31140 | 832 |
|  | Dae Won Kang Up Co. Ltd. | 14791 | 40567 |
|  \* | Daea TI Co. Ltd. | 15604 | 44837 |
|  | Daebongls Co. Ltd. | 1098 | 10266 |
|  \* | Daechang Co. Ltd. | 20462 | 18871 |
|  | Daedong Corp. | 6323 | 45759 |
|  | Daeduck Co. Ltd. | 7633 | 42478 |
|  | Daeduck Electronics Co. Ltd. | 12129 | 119068 |
|  | Daehan Flour Mill Co. Ltd. | 235 | 21613 |
|  | Daehan Steel Co. Ltd. | 4106 | 46330 |
|  \* | Dae-Il Corp. | 11490 | 37944 |
|  | Daejoo Electronic Materials Co. Ltd. | 1918 | 111126 |
|  | Daesang Corp. | 11856 | 199274 |
|  | Daesang Holdings Co. Ltd. | 5289 | 39624 |
|  | Daesung Energy Co. Ltd. | 2796 | 15312 |
|  \* | Daewon Cable Co. Ltd. | 12805 | 25203 |
|  | Daewon Pharmaceutical Co. Ltd. | 2654 | 25756 |
|  \* | Daewoo Engineering & Construction Co. Ltd. | 90829 | 226614 |
|  | Daewoong Co. Ltd. | 7323 | 104515 |
|  | Daewoong Pharmaceutical Co. Ltd. | 1525 | 148194 |
|  | Daihan Pharmaceutical Co. Ltd. | 2053 | 38126 |
|  | Daishin Securities Co. Ltd. | 10036 | 126405 |
|  \* | Danal Co. Ltd. | 28022 | 56835 |
|  | Daol Investment & Securities Co. Ltd. | 13713 | 32695 |
|  | Daou Data Corp. | 6482 | 53994 |
|  | Daou Technology, Inc. | 9379 | 143247 |
|  \* | Dasan Networks, Inc. | 13488 | 26315 |
|  \* | Dawonsys Co. Ltd. | 9803 | 59518 |
|  | DB HiTek Co. Ltd. | 15421 | 416877 |
|  | DB Insurance Co. Ltd. | 14244 | 917674 |
|  | DB Securities Co. Ltd. | 8025 | 35888 |
|  \* | DB, Inc. | 50677 | 46100 |
|  | Dear U Co. Ltd. | 2249 | 75407 |
|  | Dentium Co. Ltd. | 2465 | 126523 |

---

739

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  | Deutsch Motors, Inc. | 5727 | $18939 |
|  | Device Co. Ltd. | 1138 | 8777 |
|  #\* | Devsisters Co. Ltd. | 1977 | 54969 |
|  \* | Dexter Studios Co. Ltd. | 2247 | 10735 |
|  | DI Dong Il Corp. | 2740 | 79711 |
|  | Digital Daesung Co. Ltd. | 3688 | 19818 |
|  \* | DIO Corp. | 1795 | 24577 |
|  | DIT Corp. | 1424 | 12870 |
|  \* | DK Tech Co. Ltd. | 4494 | 22634 |
|  # | DL E&C Co. Ltd. | 12977 | 396633 |
|  | DL Holdings Co. Ltd. | 5111 | 116820 |
|  | DMS Co. Ltd. | 7061 | 31443 |
|  | DN Automotive Corp. | 11798 | 170850 |
|  | Dohwa Engineering Co. Ltd. | 5619 | 25890 |
|  | Dong-A Socio Holdings Co. Ltd. | 1758 | 127752 |
|  | Dong-A ST Co. Ltd. | 2180 | 73767 |
|  | Dong-Ah Geological Engineering Co. Ltd. | 3254 | 33857 |
|  | Dongbang Transport Logistics Co. Ltd. | 14000 | 23463 |
|  | Dongjin Semichem Co. Ltd. | 12861 | 263336 |
|  | Dongkoo Bio & Pharma Co. Ltd. | 6563 | 25013 |
|  | DongKook Pharmaceutical Co. Ltd. | 7747 | 82759 |
|  | Dongkuk Holdings Co. Ltd. | 5615 | 28452 |
|  | Dongkuk Industries Co. Ltd. | 13571 | 35672 |
|  | Dongkuk Steel Mill Co. Ltd. | 12709 | 81985 |
|  | Dongsuh Cos., Inc. | 2720 | 49816 |
|  | Dongsung Chemical Co. Ltd. | 11113 | 32167 |
|  | Dongsung Finetec Co. Ltd. | 5860 | 102244 |
|  \* | Dongwha Enterprise Co. Ltd. | 3761 | 22482 |
|  | Dongwha Pharm Co. Ltd. | 5228 | 23104 |
|  | Dongwon Development Co. Ltd. | 10063 | 16515 |
|  | Dongwon F&B Co. Ltd. | 2865 | 74284 |
|  | Dongwon Systems Corp. | 1774 | 40777 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  | Dongwoon Anatech Co. Ltd. | 6586 | $97648 |
|  | Dongyang E&P, Inc. | 2102 | 29727 |
|  \* | Dongyang Steel Pipe Co. Ltd. | 35614 | 34461 |
|  | Doosan Bobcat, Inc. | 19927 | 685101 |
|  | Doosan Co. Ltd. | 1020 | 216981 |
|  \* | Doosan Enerbility Co. Ltd. | 42724 | 868005 |
|  \* | Doosan Fuel Cell Co. Ltd. | 6720 | 72104 |
|  | Doosan Tesna, Inc. | 3689 | 65503 |
|  | DoubleUGames Co. Ltd. | 4594 | 182287 |
|  | Douzone Bizon Co. Ltd. | 4200 | 180169 |
|  \* | Dream Security Co. Ltd. | 11556 | 28314 |
|  | Dreamtech Co. Ltd. | 12452 | 55788 |
|  \* | DRTECH Corp. | 14013 | 18642 |
|  \* | DS Dansuk Co. Ltd. | 1634 | 29307 |
|  | DSC Investment, Inc. | 3625 | 18105 |
|  \* | Duk San Neolux Co. Ltd. | 3575 | 74910 |
|  \* | Duksan Hi-Metal Co. Ltd. | 3621 | 10374 |
|  \* | Duksan Techopia Co. Ltd. | 683 | 10710 |
|  | Duksung Co. Ltd. | 4385 | 19312 |
|  | DY Deokyang Co. Ltd. | 3747 | 7416 |
|  | DY POWER Corp. | 2826 | 23234 |
|  \*†† | E Investment&Development Co. Ltd. | 12639 | 2321 |
|  | Easy Holdings Co. Ltd. | 8326 | 20101 |
|  | Echo Marketing, Inc. | 6831 | 39896 |
|  \* | Eco Volt Co. Ltd. | 3420 | 2547 |
|  #\* | Ecopro BM Co. Ltd. | 1281 | 91246 |
|  # | Ecopro Co. Ltd. | 3566 | 127488 |
|  | Ecopro HN Co. Ltd. | 2803 | 55141 |
|  \* | Edge Foundry Co. Ltd. | 8717 | 23128 |
|  | E-MART, Inc. | 4062 | 261322 |
|  \* | EMKOREA Co. Ltd. | 8442 | 12629 |
|  \* | EMRO, Inc. | 997 | 37356 |
|  \* | EM-Tech Co. Ltd. | 1387 | 11898 |
|  \* | Enchem Co. Ltd. | 1070 | 59626 |
|  | ENF Technology Co. Ltd. | 5702 | 99055 |
|  \* | Enzychem Lifesciences Corp. | 32250 | 26301 |
|  | Eo Technics Co. Ltd. | 710 | 57502 |
|  \* | Eubiologics Co. Ltd. | 9902 | 91546 |
|  | Eugene Corp. | 11560 | 28376 |

---

740

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  | Eugene Investment & Securities Co. Ltd. | 29675 | $57839 |
|  | Eugene Technology Co. Ltd. | 3923 | 93964 |
|  | Eusu Holdings Co. Ltd. | 1834 | 7157 |
|  \* | EV Advanced Material Co. Ltd. | 12617 | 12793 |
|  \* | Exem Co. Ltd. | 12943 | 19617 |
|  | Exicon Co. Ltd. | 1062 | 7642 |
|  # | F&F Co. Ltd. | 5154 | 255910 |
|  | F&F Holdings Co. Ltd. | 2675 | 23801 |
|  | FarmStory Co. Ltd. | 13144 | 11194 |
|  \* | Fine M-Tec Co. Ltd. | 6734 | 25045 |
|  \* | Fine Semitech Corp. | 1165 | 14497 |
|  \*†† | Flask Co. Ltd. | 16391 | 6823 |
|  \* | Foosung Co. Ltd. | 11631 | 35866 |
|  | Fursys, Inc. | 253 | 7981 |
|  | Gabia, Inc. | 1031 | 15986 |
|  \* | GAEASOFT | 6321 | 43959 |
|  | Galaxia Moneytree Co. Ltd. | 1494 | 8788 |
|  \* | GAMSUNG Corp. Co. Ltd. | 20517 | 52240 |
|  \* | Gaon Cable Co. Ltd. | 1997 | 85180 |
|  \* | GC Cell Corp. | 3957 | 57387 |
|  \* | GeneOne Life Science, Inc. | 10305 | 16788 |
|  \* | Genexine, Inc. | 12910 | 41629 |
|  \* | Genomictree, Inc. | 2245 | 24038 |
|  | Geumhwa PSC Co. Ltd. | 1478 | 27356 |
|  | Global Standard Technology Co. Ltd. | 5152 | 62172 |
|  \* | Global Tax Free Co. Ltd. | 4758 | 18656 |
|  \* | GnBS eco Co. Ltd. | 8882 | 21873 |
|  | GnCenergy Co. Ltd. | 4142 | 66313 |
|  | GOLFZON Co. Ltd. | 1890 | 87164 |
|  | Golfzon Holdings Co. Ltd. | 6991 | 22974 |
|  | Gradiant Corp. | 2575 | 24644 |
|  | Grand Korea Leisure Co. Ltd. | 10284 | 87873 |
|  | Green Chemical Co. Ltd. | 4026 | 22692 |
|  | Green Cross Corp. | 703 | 61345 |
|  | Green Cross Holdings Corp. | 7420 | 73035 |
|  \*†† | Green Pine Tree Co. Ltd. | 1215 | 161 |
|  | GS Engineering & Construction Corp. | 23425 | 301126 |
|  | GS Global Corp. | 21081 | 38023 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  | GS Holdings Corp. (078930 KS) | 16791 | $456567 |
|  \* | GS P&L Co. Ltd. | 2026 | 30147 |
|  | GS Retail Co. Ltd. | 8543 | 88908 |
|  | Gwangju Shinsegae Co. Ltd. | 821 | 16095 |
|  | HAESUNG DS Co. Ltd. | 5681 | 92336 |
|  | Haesung Industrial Co. Ltd. | 4764 | 21764 |
|  | Han Kuk Carbon Co. Ltd. | 6718 | 91815 |
|  | Hana Financial Group, Inc. | 57828 | 2622506 |
|  | Hana Materials, Inc. | 1567 | 30589 |
|  # | Hana Micron, Inc. | 14108 | 108058 |
|  \* | Hana Technology Co. Ltd. | 567 | 7954 |
|  | Hana Tour Service, Inc. | 3973 | 145451 |
|  \* | Hanall Biopharma Co. Ltd. | 1468 | 28690 |
|  | Hancom, Inc. | 3601 | 54208 |
|  | Handok, Inc. | 4699 | 38673 |
|  | Handsome Co. Ltd. | 4762 | 51803 |
|  | Hanil Cement Co. Ltd. | 11016 | 138949 |
|  | Hanil Feed Co. Ltd. | 4094 | 10262 |
|  | Hanil Holdings Co. Ltd. | 4735 | 49328 |
|  # | Hanjin Kal Corp. | 2099 | 116882 |
|  | Hanjin Transportation Co. Ltd. | 3082 | 41530 |
|  | Hankook Cosmetics Manufacturing Co. Ltd. | 440 | 17180 |
|  | Hankook Shell Oil Co. Ltd. | 209 | 54413 |
|  | Hankook Tire & Technology Co. Ltd. | 27328 | 793764 |
|  | Hanmi Pharm Co. Ltd. | 1345 | 254311 |
|  | Hanmi Science Co. Ltd. | 2272 | 46432 |
|  # | Hanmi Semiconductor Co. Ltd. | 9019 | 482673 |
|  | HanmiGlobal Co. Ltd. | 4359 | 49214 |
|  | Hannong Chemicals, Inc. | 3518 | 36929 |
|  \* | Hanon Systems | 61061 | 153014 |
|  | Hansae Co. Ltd. | 6871 | 53956 |
|  | Hansol Chemical Co. Ltd. | 2785 | 226938 |
|  | Hansol Paper Co. Ltd. | 6186 | 36468 |
|  | Hansol Technics Co. Ltd. | 11028 | 37045 |

---

741

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  | Hanssem Co. Ltd. | 2451 | $73189 |
|  | Hanwha Aerospace Co. Ltd. | 3773 | 2120440 |
|  | Hanwha Corp. | 6950 | 235722 |
|  \* | Hanwha Engine. | 7449 | 143163 |
|  \* | Hanwha Galleria Corp. | 32339 | 27196 |
|  | Hanwha General Insurance Co. Ltd. | 31463 | 90205 |
|  \* | Hanwha Investment & Securities Co. Ltd. | 40945 | 99018 |
|  \* | Hanwha Life Insurance Co. Ltd. | 58541 | 109201 |
|  \* | Hanwha Ocean Co. Ltd. | 2180 | 120451 |
|  | Hanwha Solutions Corp. | 21058 | 442725 |
|  | Hanwha Systems Co. Ltd. | 10672 | 294021 |
|  \* | Hanwha Vision Co. Ltd. | 9088 | 385606 |
|  | Hanyang Eng Co. Ltd. | 4208 | 48113 |
|  | Hanyang Securities Co. Ltd. | 4035 | 37985 |
|  \* | Harim Co. Ltd. | 16057 | 34550 |
|  | Harim Holdings Co. Ltd. | 30731 | 129213 |
|  | HB SOLUTION Co. Ltd. | 15336 | 26260 |
|  | HB Technology Co. Ltd. | 17460 | 23984 |
|  | HD Hyundai Co. Ltd. | 12804 | 708126 |
|  # | HD Hyundai Construction Equipment Co. Ltd. | 5265 | 250716 |
|  | HD Hyundai Electric Co. Ltd. | 3593 | 781926 |
|  \* | HD Hyundai Energy Solutions Co. Ltd. | 3135 | 63039 |
|  | HD Hyundai Heavy Industries Co. Ltd. | 1309 | 370224 |
|  | HD Hyundai Infracore Co. Ltd. | 68981 | 400737 |
|  | HD Hyundai Mipo | 1395 | 163875 |
|  | HD Korea Shipbuilding & Offshore Engineering Co. Ltd. | 3762 | 719658 |
|  | HDC Holdings Co. Ltd. | 12724 | 172011 |
|  | HDC Hyundai Development Co-Engineering & Construction | 15987 | 279721 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  \* | HD-Hyundai Marine Engine | 2867 | $74583 |
|  | Hecto Innovation Co. Ltd. | 2910 | 24155 |
|  \* | Helixmith Co. Ltd. | 7814 | 14577 |
|  \* | Heung-A Shipping Co. Ltd. | 18027 | 19764 |
|  \* | HFR, Inc. | 1583 | 20402 |
|  | High Tech Pharm Co. Ltd. | 2595 | 24274 |
|  | Hite Jinro Co. Ltd. | 10085 | 137137 |
|  \* | HJ Shipbuilding & Construction Co. Ltd. | 4472 | 24738 |
|  | HK inno N Corp. | 5284 | 149817 |
|  | HL Holdings Corp. | 2259 | 58164 |
|  | HL Mando Co. Ltd. | 11013 | 288966 |
|  \* | HLB Biostep Co. Ltd. | 11072 | 12743 |
|  \* | HLB Global Co. Ltd. | 7126 | 15407 |
|  \* | HLB Life Science Co. Ltd. | 2798 | 12370 |
|  \* | Hlb Pharma Ceutical Co. Ltd. | 3234 | 45325 |
|  \* | HLB, Inc. | 4215 | 168086 |
|  | HMM Co. Ltd. | 53801 | 692442 |
|  | Home Center Holdings Co. Ltd. | 39155 | 22939 |
|  \* | Homecast Co. Ltd. | 1250 | 2229 |
|  #\* | Hotel Shilla Co. Ltd. | 5465 | 168825 |
|  | HPSP Co. Ltd. | 9460 | 149704 |
|  | HS Hyosung Advanced Materials Corp. | 927 | 115938 |
|  \* | HS Hyosung Corp. | 484 | 13918 |
|  | HS Industries Co. Ltd. | 19938 | 65803 |
|  \* | Hugel, Inc. | 1324 | 339266 |
|  \* | Humasis Co. Ltd. | 23782 | 22605 |
|  | Humedix Co. Ltd. | 2350 | 66184 |
|  | Huons Co. Ltd. | 3964 | 70597 |
|  | Huons Global Co. Ltd. | 2364 | 83282 |
|  | Husteel Co. Ltd. | 11607 | 39148 |
|  | Huvitz Co. Ltd. | 1378 | 7259 |
|  | Hwa Shin Co. Ltd. | 12397 | 68733 |
|  \* | Hwail Pharm Co. Ltd. | 17470 | 13324 |
|  | Hwaseung Enterprise Co. Ltd. | 7025 | 38337 |
|  | HYBE Co. Ltd. | 2091 | 393484 |
|  \* | Hydro Lithium, Inc. | 15765 | 18014 |
|  | Hy-Lok Corp. | 2373 | 48178 |
|  | Hyosung Corp. | 2175 | 81203 |
|  # | Hyosung Heavy Industries Corp. | 978 | 338263 |
|  | Hyosung TNC Corp. | 1562 | 261291 |
|  | Hyundai Autoever Corp. | 2224 | 192756 |

---

742

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  | Hyundai Bioland Co. Ltd. | 9432 | $28649 |
|  | Hyundai BNG Steel Co. Ltd. | 2374 | 20376 |
|  | HYUNDAI Corp. | 4119 | 65812 |
|  | Hyundai Corp. Holdings, Inc. | 1349 | 10365 |
|  | Hyundai Department Store Co. Ltd. | 7314 | 307242 |
|  | Hyundai Elevator Co. Ltd. | 4200 | 218050 |
|  | Hyundai Engineering & Construction Co. Ltd. | 14556 | 426573 |
|  | HYUNDAI EVERDIGM Corp. | 3482 | 20976 |
|  | Hyundai Ezwel Co. Ltd. | 6979 | 26028 |
|  | Hyundai Futurenet Co. Ltd. | 11431 | 23113 |
|  | Hyundai GF Holdings | 9217 | 35301 |
|  | Hyundai Glovis Co. Ltd. | 11481 | 920567 |
|  | Hyundai Green Food | 10848 | 118743 |
|  | Hyundai Home Shopping Network Corp. | 1431 | 48865 |
|  | Hyundai Livart Furniture Co. Ltd. | 1211 | 6189 |
|  \* | Hyundai Marine & Fire Insurance Co. Ltd. | 13111 | 205148 |
|  | Hyundai Mobis Co. Ltd. | 6634 | 1245259 |
|  | Hyundai Motor Co. | 32942 | 4414212 |
|  | Hyundai Motor Securities Co. Ltd. | 7975 | 36661 |
|  | Hyundai Movex Co. Ltd. | 9382 | 29617 |
|  | Hyundai Rotem Co. Ltd. | 12950 | 1020706 |
|  | Hyundai Steel Co. | 16274 | 280162 |
|  # | Hyundai Wia Corp. | 7441 | 223945 |
|  | HyVision System, Inc .. | 4877 | 54397 |
|  | i3system, Inc. | 1753 | 70307 |
|  | iFamilySC Co. Ltd. | 4076 | 59655 |
|  \* | Il Dong Pharmaceutical Co. Ltd. | 2726 | 22674 |
|  | Iljin Diamond Co. Ltd. | 1775 | 15295 |
|  | Iljin Electric Co. Ltd. | 3532 | 62765 |
|  \* | Iljin Hysolus Co. Ltd. | 2250 | 21429 |
|  | Iljin Power Co. Ltd. | 2512 | 16225 |
|  | Ilshin Spinning Co. Ltd. | 4566 | 27789 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Ilyang Pharmaceutical Co. Ltd. | 4169 | $36112 |
|  | iM Financial Group Co. Ltd. | 61274 | 443034 |
|  | iMarketKorea, Inc. | 6912 | 38622 |
|  | InBody Co. Ltd. | 2313 | 39292 |
|  | Incar Financial Service Co. Ltd. | 8301 | 48575 |
|  | Incross Co. Ltd. | 2882 | 14757 |
|  | Industrial Bank of Korea | 56188 | 606404 |
|  | Inhwa Precision Co. Ltd. | 1117 | 31420 |
|  | Innocean Worldwide, Inc. | 9975 | 127847 |
|  | InnoWireless Co. Ltd. | 1400 | 19127 |
|  | Innox Advanced Materials Co. Ltd. | 4959 | 79627 |
|  \* | Insun ENT Co. Ltd. | 4769 | 17164 |
|  \* | Insung Information Co. Ltd. | 11363 | 17672 |
|  | Intellian Technologies, Inc. | 1743 | 47051 |
|  | Intelligent Digital Integrated Security Co. Ltd. | 2096 | 24353 |
|  \* | Interflex Co. Ltd. | 6369 | 37472 |
|  †† | Interojo Co. Ltd. | 1357 | 4171 |
|  | INTOPS Co. Ltd. | 4300 | 48743 |
|  | iNtRON Biotechnology, Inc. | 6721 | 19380 |
|  | INVENI Co. Ltd. | 746 | 26626 |
|  | IS Dongseo Co. Ltd. | 6090 | 77692 |
|  | ISC Co. Ltd. | 1628 | 56716 |
|  | i-SENS, Inc. | 2624 | 30247 |
|  \* | ISU Abxis Co. Ltd. | 4524 | 16128 |
|  \* | ISU Chemical Co. Ltd. | 2758 | 10971 |
|  # | IsuPetasys Co. Ltd. | 16345 | 369043 |
|  \* | ITEK, Inc. | 7578 | 30835 |
|  \* | ITM Semiconductor Co. Ltd. | 2598 | 22003 |
|  \* | Jahwa Electronics Co. Ltd. | 6861 | 57505 |
|  | JB Financial Group Co. Ltd. | 36255 | 435605 |
|  \* | Jeju Air Co. Ltd. | 13797 | 65020 |
|  | Jeju Bank | 2192 | 17326 |
|  \* | Jeju Semiconductor Corp. | 7929 | 70381 |
|  \* | Jin Air Co. Ltd. | 5121 | 32114 |
|  | Jinsung T.E.C | 4760 | 30195 |
|  | JNK Global Co. Ltd. | 7583 | 22565 |
|  \* | JNTC Co. Ltd. | 6528 | 62948 |
|  \* | JoyCity Corp. | 19057 | 21993 |

---

743

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  | Jusung Engineering Co. Ltd. | 8449 | $199421 |
|  | JVM Co. Ltd. | 1905 | 31055 |
|  | JW Holdings Corp. | 8366 | 18114 |
|  | JW Life Science Corp. | 5759 | 46554 |
|  | JW Pharmaceutical Corp. | 3479 | 54629 |
|  | JYP Entertainment Corp. | 5961 | 289955 |
|  | K Car Co. Ltd. | 3260 | 32120 |
|  | K Ensol Co. Ltd. | 1765 | 14426 |
|  | Kakao Corp. | 14769 | 396765 |
|  #\* | Kakao Games Corp. | 15326 | 153052 |
|  | KakaoBank Corp. | 17262 | 270569 |
|  \* | Kakaopay Corp. | 4012 | 89331 |
|  | Kangnam Jevisco Co. Ltd. | 1216 | 10154 |
|  \* | Kangstem Biotech Co. Ltd. | 2186 | 3506 |
|  \* | Kangwon Energy Co. Ltd. | 4568 | 22867 |
|  | Kangwon Land, Inc. | 15250 | 174081 |
|  | KB Financial Group, Inc. (105560 KS) | 56932 | 3598028 |
|  | KC Co. Ltd. | 2678 | 35003 |
|  | KC Tech Co. Ltd. | 3105 | 57226 |
|  | KCC Corp. | 1400 | 245849 |
|  | KCC Glass Corp. | 4734 | 106622 |
|  | KCTC | 9774 | 26331 |
|  \* | KEC Corp. | 67241 | 34681 |
|  \* | Keeps Biopharma, Inc. | 2707 | 20386 |
|  \* | Kencoa Aerospace Co. | 1971 | 16838 |
|  | KEPCO Engineering & Construction Co., Inc. | 1761 | 84105 |
|  | KEPCO Plant Service & Engineering Co. Ltd. | 6558 | 202591 |
|  | KG Chemical Corp. | 11891 | 33307 |
|  | KG Dongbusteel | 19552 | 81492 |
|  | KG Eco Solution Co. Ltd. | 11316 | 43847 |
|  \* | KG Mobility Co. | 21140 | 48481 |
|  | Kginicis Co. Ltd. | 8683 | 53390 |
|  | KH Vatec Co. Ltd. | 8741 | 56631 |
|  | Kia Corp. | 56228 | 3573473 |
|  \*†† | Kib Plug Energy | 61842 | 16793 |
|  \* | KidariStudio, Inc. | 5942 | 14537 |
|  | KINX, Inc. | 828 | 45950 |
|  | KISCO Corp. | 6487 | 38784 |
|  | KISCO Holdings Co. Ltd. | 1500 | 22008 |
|  | KISWIRE Ltd. | 3308 | 40269 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  | KIWOOM Securities Co. Ltd. | 4283 | $411850 |
|  \* | KMW Co. Ltd. | 3610 | 21833 |
|  \* | KNJ Co. Ltd. | 2471 | 27473 |
|  | Koh Young Technology, Inc. | 6568 | 63897 |
|  | Kolmar BNH Co. Ltd. | 1457 | 13823 |
|  | Kolmar Holdings Co. Ltd. | 5313 | 35621 |
|  | Kolmar Korea Co. Ltd. | 4189 | 223870 |
|  | Kolon Corp. | 2058 | 33798 |
|  | Kolon Industries, Inc. | 8052 | 170857 |
|  \* | Kolon Life Science, Inc. | 1355 | 24971 |
|  | KoMiCo Ltd. | 1753 | 72478 |
|  \* | Komipharm International Co. Ltd. | 3794 | 16237 |
|  | KONA I Co. Ltd. | 1584 | 43250 |
|  | Korea Aerospace Industries Ltd. | 15090 | 883227 |
|  | Korea Alcohol Industrial Co. Ltd. | 4444 | 28448 |
|  | Korea Asset In Trust Co. Ltd. | 24703 | 40469 |
|  \* | Korea Circuit Co. Ltd. | 2773 | 19787 |
|  | Korea District Heating Corp. | 516 | 19237 |
|  | Korea Electric Power Corp. (015760 KS) | 16765 | 302358 |
|  | Korea Electric Power Corp. (KEP US), Sponsored ADR | 22118 | 201053 |
|  | Korea Electric Terminal Co. Ltd. | 2931 | 132873 |
|  | Korea Electronic Power Industrial Development Co. Ltd. | 5275 | 46988 |
|  | Korea Fuel-Tech Corp. | 8951 | 29399 |
|  | Korea Gas Corp. | 3926 | 106952 |
|  \* | Korea Information & Communications Co. Ltd. | 6679 | 36351 |
|  | Korea Information Certificate Authority, Inc. | 5485 | 16952 |
|  | Korea Investment Holdings Co. Ltd. | 10223 | 596870 |
|  #\* | Korea Line Corp. | 110625 | 118365 |
|  | Korea Movenex Co. Ltd. | 13865 | 38386 |

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744

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  | Korea Parts & Fasteners Co. Ltd. | 2318 | $6600 |
|  | Korea Petrochemical Ind Co. Ltd. | 1547 | 91458 |
|  | Korea Petroleum Industries Co. | 3017 | 27471 |
|  | Korea Ratings Corp. | 357 | 22494 |
|  | Korea Real Estate Investment & Trust Co. Ltd. | 85453 | 63449 |
|  | Korea United Pharm, Inc. | 3544 | 48734 |
|  | Korean Air Lines Co. Ltd. | 47149 | 695110 |
|  # | Korean Reinsurance Co. | 58121 | 330847 |
|  | Kortek Corp. | 1475 | 10019 |
|  | KPX Chemical Co. Ltd. | 267 | 8430 |
|  \* | Krafton, Inc. | 4278 | 1119989 |
|  | KSS LINE Ltd. | 9666 | 60931 |
|  | KT Skylife Co. Ltd. | 8062 | 25144 |
|  | KT&G Corp. | 10335 | 834182 |
|  | KTCS Corp. | 13776 | 26793 |
|  | Ktis Corp. | 3971 | 7134 |
|  | Kukdong Oil & Chemicals Co. Ltd. | 7190 | 17421 |
|  \* | Kumho HT, Inc. | 74104 | 33083 |
|  | Kumho Petrochemical Co. Ltd. | 2912 | 243651 |
|  \* | Kumho Tire Co., Inc. | 44275 | 149857 |
|  | Kwang Dong Pharmaceutical Co. Ltd. | 12453 | 48021 |
|  | Kyeong Nam Steel Co. Ltd. | 7026 | 15039 |
|  | Kyeryong Construction Industrial Co. Ltd. | 2344 | 42045 |
|  | Kyobo Securities Co. Ltd. | 6546 | 30367 |
|  | Kyochon F&B Co. Ltd. | 3688 | 13998 |
|  # | Kyung Dong Navien Co. Ltd. | 2557 | 130867 |
|  | Kyungdong Pharm Co. Ltd. | 2400 | 9743 |
|  | Kyung-In Synthetic Corp. | 5621 | 12529 |
|  | KZ Precision Corp. | 2708 | 22623 |
|  | L&C Bio Co. Ltd. | 2326 | 36328 |
|  \* | L&F Co. Ltd. | 975 | 44405 |
|  \* | L&K Biomed Co. Ltd. | 2802 | 13504 |
|  \* | LabGenomics Co. Ltd. | 22431 | 33917 |
|  | Lake Materials Co. Ltd. | 15672 | 141105 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  \* | LB Semicon, Inc. | 15949 | $37670 |
|  | Lee Ku Industrial Co. Ltd. | 6694 | 20022 |
|  | LEENO Industrial, Inc. | 10425 | 264759 |
|  | LF Corp. | 6761 | 70738 |
|  | LG Chem Ltd. | 9914 | 1502569 |
|  | LG Corp. | 11370 | 532445 |
|  \* | LG Display Co. Ltd. (034220 KS) | 110699 | 657651 |
|  | LG Electronics, Inc. | 30175 | 1514652 |
|  #\* | LG Energy Solution Ltd. | 1664 | 379644 |
|  | LG H&H Co. Ltd. | 1706 | 404222 |
|  \* | LG HelloVision Co. Ltd. | 17581 | 32576 |
|  | LG Innotek Co. Ltd. | 5139 | 505149 |
|  | LG Uplus Corp. | 78945 | 666578 |
|  | LIG Nex1 Co. Ltd. | 2498 | 564346 |
|  \* | LigaChem Biosciences, Inc. | 1239 | 91307 |
|  \* | LOT Vacuum Co. Ltd. | 1947 | 11987 |
|  | Lotte Chemical Corp. | 3408 | 144566 |
|  | Lotte Chilsung Beverage Co. Ltd. | 2458 | 189678 |
|  | Lotte Corp. | 8889 | 141016 |
|  \* | Lotte Data Communication Co. | 2142 | 28332 |
|  \* | Lotte Energy Materials Corp. | 8113 | 129402 |
|  | LOTTE Fine Chemical Co. Ltd. | 6158 | 150421 |
|  \* | Lotte Non-Life Insurance Co. Ltd. | 23223 | 28139 |
|  | Lotte Rental Co. Ltd. | 8521 | 176101 |
|  | Lotte Shopping Co. Ltd. | 3028 | 143689 |
|  \* | Lotte Tour Development Co. Ltd. | 7885 | 60182 |
|  | Lotte Wellfood Co. Ltd. | 1354 | 112842 |
|  | LS Corp. | 5338 | 494519 |
|  | LS Eco Energy Ltd. | 4332 | 98014 |
|  | LS Electric Co. Ltd. | 3097 | 447306 |
|  | LS Marine Solution Co. Ltd. | 2112 | 26557 |
|  | LS Materials Ltd. | 2500 | 19609 |
|  | LS SECURITIES Co. Ltd. | 4859 | 13640 |
|  \* | LVMC Holdings | 47047 | 57793 |
|  | LX Hausys Ltd. | 2771 | 56225 |
|  | LX Holdings Corp. | 20816 | 95884 |
|  | LX International Corp. | 14385 | 268290 |
|  | LX Semicon Co. Ltd. | 4783 | 182041 |

---

745

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  | M.I.Tech Co. Ltd. | 6034 | $34187 |
|  # | Macquarie Korea Infrastructure Fund | 41986 | 338406 |
|  | Macrogen, Inc. | 1693 | 19075 |
|  | Maeil Dairies Co. Ltd. | 1774 | 46004 |
|  \* | Manyo Co. Ltd. | 3514 | 45564 |
|  | Mcnex Co. Ltd. | 5226 | 88050 |
|  \* | Mediana Co. Ltd. | 2660 | 11303 |
|  \* | Medipost Co. Ltd. | 3223 | 20802 |
|  | Medytox, Inc. | 849 | 104303 |
|  \* | Meerecompany, Inc. | 533 | 6775 |
|  | MegaStudyEdu Co. Ltd. | 2640 | 89046 |
|  | Meritz Financial Group, Inc. | 20055 | 1751993 |
|  | META BIOMED Co. Ltd. | 5245 | 16941 |
|  | Mgame Corp. | 7080 | 25280 |
|  \* | MiCo Ltd. | 4582 | 33553 |
|  \* | Micro Digital Co. Ltd. | 3450 | 22985 |
|  \* | Mirae Asset Life Insurance Co. Ltd. | 20945 | 80026 |
|  | Mirae Asset Securities Co. Ltd. | 42722 | 355119 |
|  | Mirae Asset Venture Investment Co. Ltd. | 9580 | 32695 |
|  | Misto Holdings Corp. | 6198 | 161174 |
|  | Miwon Commercial Co. Ltd. | 444 | 59875 |
|  | Miwon Specialty Chemical Co. Ltd. | 430 | 47931 |
|  | MK Electron Co. Ltd. | 8724 | 46492 |
|  | MNTech Co. Ltd. | 3318 | 18398 |
|  | Modetour Network, Inc. | 2818 | 22268 |
|  \* | MONAYONGPYONG | 9266 | 28877 |
|  | Moorim P&P Co. Ltd. | 2932 | 6122 |
|  | Motonic Corp. | 1465 | 9874 |
|  | Motrex Co. Ltd. | 5448 | 32863 |
|  | mPlus Corp. | 1886 | 9912 |
|  \* | MS Autotech Co. Ltd. | 26141 | 42864 |
|  | Muhak Co. Ltd. | 2116 | 10850 |
|  | Multicampus Co. Ltd. | 345 | 7915 |
|  | Myoung Shin Industrial Co. Ltd. | 15390 | 90462 |
|  | Namhae Chemical Corp. | 6832 | 32762 |
|  \* | Namsun Aluminum Co. Ltd. | 40282 | 40362 |
|  | Namuga Co. Ltd. | 4008 | 36346 |
|  | Namyang Dairy Products Co. Ltd. | 860 | 46035 |
|  \* | Nature & Environment Co. Ltd. | 20996 | 11184 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  | Nature Holdings Co. Ltd. | 6276 | $44380 |
|  | NAVER Corp. | 3217 | 452650 |
|  | NCSoft Corp. | 1202 | 123728 |
|  | NeoPharm Co. Ltd. | 2099 | 20305 |
|  | Neosem, Inc. | 2906 | 20438 |
|  \* | Neowiz | 5728 | 94174 |
|  \* | Nepes Ark Corp. | 4071 | 30171 |
|  \* | Neptune Co. | 8753 | 45301 |
|  W | Netmarble Corp. | 5080 | 159796 |
|  | New Power Plasma Co. Ltd. | 11784 | 38398 |
|  \* | Newflex Technology Co. Ltd. | 3734 | 11895 |
|  | Nexen Corp. | 9583 | 31763 |
|  | Nexen Tire Corp. | 12451 | 47295 |
|  \* | Nexon Games Co. Ltd. | 5186 | 47082 |
|  # | NEXTIN, Inc. | 2819 | 106237 |
|  | NH Investment & Securities Co. Ltd. | 39958 | 431981 |
|  | NHN Corp. | 6596 | 102907 |
|  | NHN KCP Corp. | 9181 | 49751 |
|  | NICE Holdings Co. Ltd. | 11860 | 93890 |
|  | Nice Information & Telecommunication, Inc. | 2355 | 30788 |
|  | NICE Information Service Co. Ltd. | 10065 | 91397 |
|  | NICE Infra Co. Ltd. | 2475 | 8896 |
|  | Nong Shim Holdings Co. Ltd. | 533 | 25163 |
|  | NongShim Co. Ltd. | 721 | 204334 |
|  | NOROO Paint & Coatings Co. Ltd. | 5290 | 30906 |
|  | NOVAREX Co. Ltd. | 5483 | 39379 |
|  | Novatech Co. Ltd. | 681 | 9004 |
|  | OCI Co. Ltd. | 2410 | 93468 |
|  | OCI Holdings Co. Ltd. | 6036 | 274896 |
|  \* | Okins Electronics Co. Ltd. | 2529 | 8707 |
|  | ONEJOON Co. Ltd. | 4350 | 27702 |
|  | Opasnet Co. Ltd. | 1536 | 7530 |
|  | Oriental Precision & Engineering Co. Ltd. | 11756 | 45654 |
|  | Orion Corp. | 7398 | 641250 |
|  | Orion Holdings Corp. | 13454 | 173324 |
|  | Osang Healthcare Co. Ltd. | 1314 | 12758 |
|  \* | OSTEONIC Co. Ltd. | 5143 | 25047 |
|  \* | Osung Advanced Materials Co. Ltd. | 31426 | 31090 |

---

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  | Otoki Corp. | 744 | $209550 |
|  \* | Paik Kwang Industrial Co. Ltd. | 8514 | 39026 |
|  | Pan Ocean Co. Ltd. | 84120 | 197938 |
|  | Pang Rim Co. Ltd. | 5498 | 15214 |
|  | Paradise Co. Ltd. | 17392 | 151514 |
|  | Park Systems Corp. | 1529 | 217826 |
|  | Partron Co. Ltd. | 21387 | 103339 |
|  \* | Pearl Abyss Corp. | 1669 | 41580 |
|  \* | Pentastone Electronics, Inc. | 8385 | 16959 |
|  | People & Technology, Inc. | 6595 | 188270 |
|  \* | Peptron, Inc. | 1115 | 127553 |
|  | PHA Co. Ltd. | 2750 | 19149 |
|  | PharmaResearch Co. Ltd. | 1495 | 395979 |
|  \* | PharmGen Science, Inc. | 3656 | 10322 |
|  | Pharmicell Co. Ltd. | 6457 | 47988 |
|  | Philenergy Co. Ltd. | 2261 | 23208 |
|  \* | Philoptics Co. Ltd. | 2005 | 43082 |
|  | PI Advanced Materials Co. Ltd. | 6611 | 76134 |
|  \* | Polaris AI Corp. | 10275 | 17602 |
|  \* | Polaris Office Corp. | 4725 | 16725 |
|  | Pond Group Co. Ltd. | 2084 | 8805 |
|  \* | PonyLink Co. Ltd. | 39918 | 28941 |
|  | Poongsan Corp. | 9234 | 385548 |
|  | Poongsan Holdings Corp. | 3296 | 66460 |
|  | Posco DX Co. Ltd. | 10374 | 178931 |
|  \* | POSCO Future M Co. Ltd. | 738 | 64792 |
|  | POSCO Holdings, Inc. (005490 KS) | 8466 | 1547185 |
|  # | Posco International Corp. | 16160 | 557109 |
|  | Posco M-Tech Co. Ltd. | 2412 | 20506 |
|  | POSCO Steeleon Co. Ltd. | 1461 | 38765 |
|  \* | Power Logics Co. Ltd. | 13626 | 44394 |
|  \* | Prestige Biologics Co. Ltd. | 6539 | 19163 |
|  | Protec Co. Ltd. | 1575 | 26566 |
|  | PSK Holdings, Inc. | 1973 | 48089 |
|  | PSK, Inc. | 7105 | 89124 |
|  | Pulmuone Co. Ltd. | 5719 | 59068 |
|  | Pumtech Korea Co. Ltd. | 2181 | 83894 |
|  \* | Rainbow Robotics | 533 | 101104 |
|  \* | Refine Co. Ltd. | 4423 | 38664 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  \* | Reyon Pharmaceutical Co. Ltd. | 2064 | $16502 |
|  | RFHIC Corp. | 2728 | 29649 |
|  \* | RFTech Co. Ltd. | 10614 | 27769 |
|  \* | Robotis Co. Ltd. | 476 | 11492 |
|  | Rorze Systems Corp. | 2535 | 26030 |
|  | S Net Systems, Inc. | 2884 | 8951 |
|  | S&D Co. Ltd. | 24 | 1526 |
|  | S&S Tech Corp. | 4116 | 99617 |
|  | S-1 Corp. | 4849 | 216122 |
|  \* | Sajo Industries Co. Ltd. | 1155 | 29408 |
|  | Sajodaerim Corp. | 1071 | 28668 |
|  | Sajodongaone Co. Ltd. | 12597 | 9415 |
|  | Sam Chun Dang Pharm Co. Ltd. | 731 | 72387 |
|  | Sam Young Electronics Co. Ltd. | 3536 | 26487 |
|  | Sam Yung Trading Co. Ltd. | 3091 | 29689 |
|  | Sam-A Aluminum Co. Ltd. | 398 | 7045 |
|  | Samchully Co. Ltd. | 401 | 25857 |
|  | SAMHWA Paints Industrial Co. Ltd. | 5105 | 21546 |
|  | Samick THK Co. Ltd. | 1032 | 7123 |
|  \* | Samil Pharmaceutical Co. Ltd. | 2221 | 20430 |
|  | Samji Electronics Co. Ltd. | 1801 | 13275 |
|  | Samjin Pharmaceutical Co. Ltd. | 1982 | 24876 |
|  | Sammok S-Form Co. Ltd. | 1590 | 23523 |
|  | SAMPYO Cement Co. Ltd. | 21453 | 47438 |
|  \*W | Samsung Biologics Co. Ltd. | 1007 | 745249 |
|  | Samsung C&T Corp. | 15734 | 1354058 |
|  | Samsung Card Co. Ltd. (029780 KS) | 8836 | 260948 |
|  | Samsung Electro-Mechanics Co. Ltd. | 9053 | 746907 |
|  | Samsung Electronics Co. Ltd. (005930 KS) | 635990 | 24814762 |
|  | Samsung Electronics Co. Ltd. (SMSN LI), GDR | 553 | 538477 |
|  | Samsung Electronics Co. Ltd. (SSNHZ US), GDR | 3955 | 3820530 |

---

747

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  | Samsung Engineering Co. Ltd. | 49273 | $666238 |
|  | Samsung Fire & Marine Insurance Co. Ltd. | 4443 | 1172186 |
|  \* | Samsung Heavy Industries Co. Ltd. | 39257 | 402212 |
|  | Samsung Life Insurance Co. Ltd. | 12695 | 770810 |
|  \* | Samsung Pharmaceutical Co. Ltd. | 8615 | 9091 |
|  | Samsung SDI Co. Ltd. | 10329 | 1279046 |
|  | Samsung SDS Co. Ltd. | 7048 | 635142 |
|  | Samsung Securities Co. Ltd. | 19068 | 698967 |
|  | SAMT Co. Ltd. | 21138 | 40309 |
|  | Samwha Capacitor Co. Ltd. | 2326 | 40613 |
|  | Samwha Electric Co. Ltd. | 1472 | 29079 |
|  | Samyang Corp. | 1802 | 60653 |
|  | Samyang Foods Co. Ltd. | 827 | 564461 |
|  | Samyang Holdings Corp. | 1687 | 73015 |
|  | Samyoung Co. Ltd. | 7430 | 21131 |
|  | Sang-A Frontec Co. Ltd. | 2092 | 22994 |
|  | Sangsin Energy Display Precision Co. Ltd. | 2372 | 12757 |
|  | Saramin Co. Ltd. | 2002 | 22116 |
|  | Satrec Initiative Co. Ltd. | 1040 | 32888 |
|  | SD Biosensor, Inc. | 17143 | 113346 |
|  | SeAH Besteel Holdings Corp. | 6904 | 86902 |
|  | SeAH Steel Corp. | 697 | 86767 |
|  | SeAH Steel Holdings Corp. | 787 | 124463 |
|  | Sebang Co. Ltd. | 4106 | 32964 |
|  | Sebang Global Battery Co. Ltd. | 2276 | 110291 |
|  | Seegene, Inc. | 5358 | 99074 |
|  | Segyung Hitech Co. Ltd. | 3567 | 17661 |
|  | Sejin Heavy Industries Co. Ltd. | 2630 | 16086 |
|  | Sekonix Co. Ltd. | 4325 | 16262 |
|  | Seobu T&D | 8529 | 34542 |
|  | Seohee Construction Co. Ltd. | 27909 | 34015 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  \* | Seojin System Co. Ltd. | 7990 | $114564 |
|  \* | Seoul Auction Co. Ltd. | 4356 | 27141 |
|  \* | Seoul Semiconductor Co. Ltd. | 19882 | 93085 |
|  | Seoyon Co. Ltd. | 6312 | 33015 |
|  | Seoyon E-Hwa Co. Ltd. | 8945 | 74160 |
|  \*†† | Sewon E&C Co. Ltd. | 4592 | 569 |
|  | SFA Engineering Corp. | 7285 | 104024 |
|  \* | SFA Semicon Co. Ltd. | 17707 | 37288 |
|  | SGC Energy Co. Ltd. | 4281 | 70179 |
|  | Shin Heung Energy & Electronics Co. Ltd. | 10388 | 30978 |
|  | Shindaeyang Paper Co. Ltd. | 4097 | 24640 |
|  | Shinhan Financial Group Co. Ltd. (055550 KS) | 68123 | 2461963 |
|  | Shinsegae International, Inc. | 5312 | 36671 |
|  | Shinsegae, Inc. | 3478 | 385614 |
|  | Shinsung Delta Tech Co. Ltd. | 1657 | 69152 |
|  \* | Shinsung E&G Co. Ltd. | 37363 | 35916 |
|  | Shinsung ST Co. Ltd. | 376 | 8418 |
|  | Shinwon Corp. | 20627 | 24917 |
|  \* | Shinyoung Securities Co. Ltd. | 1624 | 101711 |
|  | Showbox Corp. | 4208 | 9617 |
|  \* | Silicon2 Co. Ltd. | 2743 | 69002 |
|  | SIMMTECH Co. Ltd. | 7634 | 84766 |
|  | Sindoh Co. Ltd. | 945 | 28618 |
|  | Sinil Pharm Co. Ltd. | 1809 | 8249 |
|  \* | SK Biopharmaceuticals Co. Ltd. | 4718 | 353790 |
|  \* | SK Bioscience Co. Ltd. | 2863 | 79875 |
|  | SK Chemicals Co. Ltd. | 3789 | 106044 |
|  | SK Discovery Co. Ltd. | 3629 | 106207 |
|  \* | SK Eternix Co. Ltd. | 1130 | 13528 |
|  | SK Gas Ltd. | 431 | 72624 |
|  # | SK Hynix, Inc. | 99014 | 12354281 |
|  #\*W | SK IE Technology Co. Ltd. | 8840 | 139264 |
|  | SK Innovation Co. Ltd. | 7700 | 511443 |
|  | SK Networks Co. Ltd. | 15002 | 44554 |
|  \* | SK oceanplant Co. Ltd. | 5221 | 54990 |
|  | SK Securities Co. Ltd. | 138163 | 46966 |
|  | SK Telecom Co. Ltd. (017670 KS) | 5828 | 222669 |

---

748

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  | SK, Inc. | 6746 | $627856 |
|  \* | SKC Co. Ltd. | 726 | 52083 |
|  # | SL Corp. | 9449 | 218219 |
|  | SM Entertainment Co. Ltd. | 1282 | 111472 |
|  \* | SMEC Co. Ltd. | 18538 | 35252 |
|  # | SNT Dynamics Co. Ltd. | 6419 | 149736 |
|  | SNT Holdings Co. Ltd. | 1458 | 34030 |
|  | SNT Motiv Co. Ltd. | 7390 | 143430 |
|  \* | SOCAR, Inc. | 1795 | 18298 |
|  | S-Oil Corp. | 8139 | 297284 |
|  \* | Solborn, Inc. | 2404 | 6475 |
|  | Solid, Inc. | 16970 | 85145 |
|  \* | SOLUM Co. Ltd. | 14309 | 165602 |
|  | Solus Advanced Materials Co. Ltd. | 10671 | 64086 |
|  \* | Solux Co. Ltd. | 7431 | 20186 |
|  | Songwon Industrial Co. Ltd. | 4658 | 37437 |
|  # | Soop Co. Ltd. | 2463 | 142111 |
|  | Soosan Industries Co. Ltd. | 3328 | 46508 |
|  | Soulbrain Co. Ltd. | 1445 | 176026 |
|  | Soulbrain Holdings Co. Ltd. | 1690 | 37091 |
|  | SPG Co. Ltd. | 2287 | 40238 |
|  | ST Pharm Co. Ltd. | 1297 | 72000 |
|  | STIC Investments, Inc. | 7407 | 51589 |
|  | Straffic Co. Ltd. | 6177 | 17134 |
|  \* | Studio Dragon Corp. | 4615 | 166313 |
|  \* | STX Engine Co. Ltd. | 2023 | 34161 |
|  \* | Sugentech, Inc. | 2991 | 11585 |
|  | Suheung Co. Ltd. | 950 | 9559 |
|  \* | Sukgyung AT Co. Ltd. | 291 | 10106 |
|  | Sun Kwang Co. Ltd. | 934 | 10678 |
|  | Sung Kwang Bend Co. Ltd. | 5699 | 109192 |
|  \* | Sungeel Hitech Co. Ltd. | 1079 | 25552 |
|  | Sungshin Cement Co. Ltd. | 4045 | 26185 |
|  | Sungwoo Hitech Co. Ltd. | 21774 | 85344 |
|  | Sunjin Co. Ltd. | 6694 | 27629 |
|  | Sunny Electronics Corp. | 7540 | 9026 |
|  \* | Suprema, Inc. | 1957 | 44656 |
|  \* | SY Co. Ltd. | 2817 | 7374 |
|  | SY Steel Tech, Inc. | 5248 | 20029 |
|  \* | Synergy Innovation Co. Ltd. | 13058 | 26384 |
|  #\* | Synopex, Inc. | 25669 | 114431 |
|  | Systems Technology, Inc. | 3911 | 54830 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |
|  | T&L Co. Ltd. | 1798 | $91154 |
|  | Taekwang Industrial Co. Ltd. | 88 | 46867 |
|  \* | Taesung Co. Ltd. | 3380 | 48992 |
|  \* | Taewoong Co. Ltd. | 5596 | 59176 |
|  | Taeyang Metal Industrial Co. Ltd. | 2443 | 5139 |
|  \* | Taihan Electric Wire Co. Ltd. | 8191 | 67106 |
|  | TCC Steel | 1417 | 19903 |
|  | TechWing, Inc. | 3485 | 83736 |
|  | Telechips, Inc. | 1750 | 16671 |
|  | TES Co. Ltd. | 2767 | 39202 |
|  \* | Theragen Etex Co. Ltd. | 3017 | 6384 |
|  \* | TK Chemical Corp. | 18495 | 20015 |
|  | TK Corp. | 3223 | 47702 |
|  | TKG Huchems Co. Ltd. | 8082 | 91388 |
|  | TLB Co. Ltd. | 1294 | 15621 |
|  | Tokai Carbon Korea Co. Ltd. | 1873 | 112725 |
|  \* | Tongyang Life Insurance Co. Ltd. | 22503 | 96751 |
|  \* | Tongyang, Inc. | 32625 | 13433 |
|  | Toptec Co. Ltd. | 13629 | 39581 |
|  | Tovis Co. Ltd. | 3928 | 43643 |
|  | TS Corp. | 15745 | 37672 |
|  | TSE Co. Ltd. | 1336 | 38443 |
|  \* | TSI Co. Ltd. | 2176 | 9140 |
|  \* | Tuksu Construction Co. Ltd. | 1248 | 7172 |
|  \* | Tway Air Co. Ltd. | 38921 | 58143 |
|  | TYM Corp. | 8599 | 27159 |
|  | UBCare Co. Ltd. | 1821 | 4837 |
|  | Ubiquoss Holdings, Inc. | 2215 | 15389 |
|  | Ubiquoss, Inc. | 4740 | 25052 |
|  \* | Ubivelox, Inc. | 4935 | 25919 |
|  | Uju Electronics Co. Ltd. | 1489 | 28708 |
|  \* | Uni-Chem Co. Ltd. | 8568 | 9876 |
|  | Unid Co. Ltd. | 1737 | 107287 |
|  | Union Semiconductor Equipment & Materials Co. Ltd. | 5005 | 20855 |
|  | Uniquest Corp. | 1908 | 7712 |
|  \* | UniTest, Inc. | 2780 | 19316 |
|  | Unitrontech Co. Ltd. | 9773 | 40335 |
|  | Value Added Technology Co. Ltd. | 2625 | 37482 |
|  | Viatron Technologies, Inc. | 4839 | 25953 |
|  \*†† | Vidente Co. Ltd. | 14607 | 6402 |

---

749

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Vieworks Co. Ltd. | 1948 | $33630 |
|  \* | Vina Tech Co. Ltd. | 352 | 6203 |
|  | VIOL Co. Ltd. | 11777 | 69555 |
|  | Vitzro Tech Co. Ltd. | 4793 | 26301 |
|  | Vitzrocell Co. Ltd. | 4747 | 79749 |
|  \* | VM, Inc. | 2186 | 17861 |
|  \* | VT Co. Ltd. | 6844 | 183886 |
|  | Webcash Corp. | 2174 | 18753 |
|  | Webzen, Inc. | 6177 | 59913 |
|  \* | Wemade Co. Ltd. | 2437 | 49176 |
|  | Whanin Pharmaceutical Co. Ltd. | 3526 | 29087 |
|  | WINS Technet Co. Ltd. | 3156 | 25711 |
|  | WiSoL Co. Ltd. | 7448 | 35866 |
|  | Won Tech Co. Ltd. | 19497 | 112723 |
|  \* | Wonik Holdings Co. Ltd. | 18829 | 54854 |
|  | WONIK IPS Co. Ltd. | 5075 | 80843 |
|  | Wonik Materials Co. Ltd. | 4167 | 59203 |
|  | Wonik QnC Corp. | 5858 | 70017 |
|  | Woojin, Inc. | 8723 | 49439 |
|  \* | Woongjin Co. Ltd. | 9328 | 9260 |
|  \* | Wooree Bio Co. Ltd. | 10286 | 16408 |
|  | Woori Financial Group, Inc. (316140 KS) | 184835 | 2301666 |
|  #\* | Woori Technology Investment Co. Ltd. | 17795 | 82826 |
|  \* | Woori Technology, Inc. | 17393 | 24592 |
|  \* | Woosu AMS Co. Ltd. | 5430 | 11779 |
|  | Worldex Industry & Trading Co. Ltd. | 4605 | 56587 |
|  \* | Wysiwyg Studios Co. Ltd. | 18114 | 16184 |
|  | Xexymix Corp. | 7154 | 30645 |
|  | Y G-1 Co. Ltd. | 4569 | 18764 |
|  \* | YC Corp. | 2627 | 18153 |
|  \* | Yest Co. Ltd. | 3463 | 40979 |
|  | YG Entertainment, Inc. | 2017 | 95225 |
|  \* | YG PLUS | 4386 | 16891 |
|  \* | YMT Co. Ltd. | 3261 | 20712 |
|  | Youlchon Chemical Co. Ltd. | 1117 | 21955 |
|  | Young Poong Corp. | 970 | 25336 |
|  | Youngone Corp. | 6789 | 226381 |
|  | Youngone Holdings Co. Ltd. | 2863 | 192729 |
|  | Yuanta Securities Korea Co. Ltd. | 27721 | 57705 |
|  | Yuhan Corp. | 1345 | 107746 |
|  \* | Yungjin Pharmaceutical Co. Ltd. | 10300 | 14750 |
|  | Zeus Co. Ltd. | 3897 | 35463 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Zinus, Inc. | 3761 | $46137 |
|  TOTAL SOUTH KOREA | TOTAL SOUTH KOREA | TOTAL SOUTH KOREA | 162374905 |
|  SPAIN — (0.0%) | SPAIN — (0.0%) |  |  |
|  | AmRest Holdings SE | 22496 | 105335 |
|  TAIWAN — (23.7%) | TAIWAN — (23.7%) |  |  |
|  | 104 Corp. | 4000 | 28574 |
|  | 91APP, Inc. | 30000 | 78583 |
|  | Aaeon Technology, Inc. | 8398 | 32986 |
|  | ABC Taiwan Electronics Corp. | 19210 | 8928 |
|  | Abico Avy Co. Ltd. | 45000 | 44221 |
|  # | Ability Enterprise Co. Ltd. | 54000 | 78704 |
|  | Ability Opto-Electronics Technology Co. Ltd. | 7000 | 28748 |
|  | AcBel Polytech, Inc. | 292890 | 235997 |
|  | Accton Technology Corp. | 48000 | 894063 |
|  | Acer E-Enabling Service Business, Inc. | 6000 | 45388 |
|  # | Acer, Inc. | 549000 | 599906 |
|  \* | ACES Electronic Co. Ltd. | 53882 | 81239 |
|  \* | Acon Holding, Inc. | 108000 | 30944 |
|  # | Acter Group Corp. Ltd. | 41000 | 516118 |
|  | Action Electronics Co. Ltd. | 112000 | 53620 |
|  | Actron Technology Corp. | 20902 | 83787 |
|  | ADATA Technology Co. Ltd. | 133417 | 348998 |
|  | Adda Corp. | 11000 | 6863 |
|  | Addcn Technology Co. Ltd. | 15634 | 85444 |
|  \* | Adimmune Corp. | 107000 | 66376 |
|  | Advanced Ceramic X Corp. | 15000 | 57117 |
|  | Advanced Energy Solution Holding Co. Ltd. | 6000 | 160174 |
|  | Advanced International Multitech Co. Ltd. | 51000 | 108458 |
|  #\* | Advanced Optoelectronic Technology, Inc. | 42000 | 21019 |
|  | Advanced Power Electronics Corp. | 16000 | 37083 |
|  # | Advanced Wireless Semiconductor Co. | 39000 | 92733 |

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Advancetek Enterprise Co. Ltd. | 127000 | $286251 |
|  | Advantech Co. Ltd. | 49498 | 518549 |
|  \* | AEON Motor Co. Ltd. | 9000 | 7934 |
|  | Aero Win Technology Corp. | 12000 | 22207 |
|  | Aerospace Industrial Development Corp. | 79000 | 115790 |
|  | AGV Products Corp. | 162000 | 56795 |
|  | AIC, Inc. | 9028 | 84168 |
|  | Air Asia Co. Ltd. | 10000 | 11824 |
|  | Airoha Technology Corp. | 6000 | 95014 |
|  | Airtac International Group | 27000 | 741588 |
|  | Alchip Technologies Ltd. | 17000 | 1136037 |
|  | Alexander Marine Co. Ltd. | 5272 | 23469 |
|  \* | Algoltek, Inc. | 7000 | 9381 |
|  | All Ring Tech Co. Ltd. . | 12000 | 96000 |
|  | Allied Circuit Co. Ltd. | 6470 | 23561 |
|  # | Allied Supreme Corp. | 20000 | 152237 |
|  # | Allis Electric Co. Ltd. | 57252 | 166183 |
|  | Alltek Technology Corp. | 101480 | 122312 |
|  | Alltop Technology Co. Ltd. | 18000 | 137543 |
|  | Alpha Networks, Inc. | 72000 | 62126 |
|  # | Altek Corp. | 109962 | 125389 |
|  | Amazing Microelectronic Corp. | 27564 | 64261 |
|  | Ambassador Hotel | 63000 | 88586 |
|  | AMPACS Corp. | 27000 | 27714 |
|  | Ampak Technology, Inc. | 16000 | 47438 |
|  | Ampire Co. Ltd. | 18000 | 16928 |
|  | Ample Electronic Technology Co. Ltd. | 7000 | 21811 |
|  | AMPOC Far-East Co. Ltd. | 33000 | 90576 |
|  # | AmTRAN Technology Co. Ltd. | 242024 | 108488 |
|  \* | Amulaire Thermal Technology, Inc. | 24000 | 18956 |
|  | Anderson Industrial Corp. | 50000 | 21218 |
|  | Anji Technology Co. Ltd. | 27299 | 25148 |
|  # | Anpec Electronics Corp. | 25000 | 118079 |
|  | Aopen, Inc. | 11000 | 15907 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Apac Opto Electronics, Inc. | 24000 | $55906 |
|  | Apacer Technology, Inc. | 37000 | 53239 |
|  # | APAQ Technology Co. Ltd. | 15000 | 46696 |
|  | APCB, Inc. | 49000 | 22309 |
|  | Apex Biotechnology Corp. | 25000 | 24604 |
|  | Apex Dynamics, Inc. | 1000 | 21011 |
|  \* | Apex International Co. Ltd. | 73681 | 53271 |
|  | Apex Science & Engineering | 54060 | 18919 |
|  | ARBOR Technology Corp. | 9000 | 12895 |
|  | Arcadyan Technology Corp. | 61000 | 451399 |
|  | Ardentec Corp. | 247000 | 576173 |
|  | ARES International Corp. | 12000 | 24234 |
|  # | Argosy Research, Inc. | 28000 | 127153 |
|  # | Arizon RFID Technology Cayman Co. Ltd. | 8000 | 45060 |
|  | ASE Technology Holding Co. Ltd. | 304000 | 1295404 |
|  | Asia Cement Corp. | 439000 | 618351 |
|  | Asia Electronic Material Co. Ltd. | 22000 | 13819 |
|  | Asia Optical Co., Inc. | 68000 | 289040 |
|  | Asia Polymer Corp. | 121000 | 47965 |
|  | Asia Tech Image, Inc. | 20000 | 60445 |
|  | Asia Vital Components Co. Ltd. | 33331 | 489383 |
|  | ASIX Electronics Corp. | 16000 | 45624 |
|  | ASMedia Technology, Inc. | 6000 | 317244 |
|  | ASolid Technology Co. Ltd. | 9000 | 15610 |
|  | ASPEED Technology, Inc. | 6200 | 583273 |
|  | ASROCK, Inc. | 16000 | 88098 |
|  | Asustek Computer, Inc. | 82000 | 1499525 |
|  | ATE Energy International Co. Ltd. | 46000 | 33749 |
|  | Aten International Co. Ltd. | 24000 | 51426 |
|  | Auden Techno Corp. | 10358 | 27676 |
|  | Audix Corp. | 20000 | 37567 |
|  | AUO Corp. (2409 TT) | 1235200 | 475243 |

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751

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | AURAS Technology Co. Ltd. | 10000 | $154217 |
|  | Aurora Corp. | 9000 | 17209 |
|  | Avalue Technology, Inc. | 20000 | 61311 |
|  # | Avermedia Technologies | 38000 | 45836 |
|  | Axiomtek Co. Ltd. | 24893 | 79932 |
|  | Azurewave Technologies, Inc. | 31000 | 44438 |
|  | Bafang Yunji International Co. Ltd. | 14000 | 80305 |
|  | Bank of Kaohsiung Co. Ltd. | 243754 | 90520 |
|  \* | Baotek Industrial Materials Ltd. | 22000 | 22414 |
|  | Basso Industry Corp. | 41000 | 47759 |
|  | BenQ Materials Corp. | 73000 | 54318 |
|  | BES Engineering Corp. | 501000 | 165468 |
|  | Billion Electric Co. Ltd. | 13000 | 12688 |
|  | Bin Chuan Enterprise Co. Ltd. | 29000 | 44242 |
|  | B'in Live Co. Ltd. | 8000 | 17632 |
|  | Bionime Corp. | 11000 | 19355 |
|  \* | Biostar Microtech International Corp. | 31000 | 18265 |
|  | Bioteque Corp. | 15000 | 59350 |
|  | Bizlink Holding, Inc. | 34183 | 578656 |
|  | Bon Fame Co. Ltd. | 9000 | 21276 |
|  #\* | Bonny Worldwide Ltd. | 5000 | 25500 |
|  | Bora Pharmaceuticals Co. Ltd. | 11494 | 256759 |
|  | Brave C&H Supply Co. Ltd. | 8000 | 24917 |
|  | Bright Led Electronics Corp. | 32000 | 18265 |
|  | Brightek Optoelectronic Co. Ltd. | 19000 | 26755 |
|  | Brighten Optix Corp. | 2248 | 9766 |
|  | Brighton-Best International Taiwan, Inc. | 150000 | 156464 |
|  | Brillian Network & Automation Integrated System Co. Ltd. | 6777 | 38866 |
|  # | Browave Corp. | 20000 | 99047 |
|  | C Sun Manufacturing Ltd. | 25600 | 113629 |
|  \* | Calin Technology Co. Ltd. | 33000 | 29728 |
|  | Calitech Co. Ltd. | 10000 | 19469 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  \* | Caliway Biopharmaceuticals Co. Ltd. | 5000 | $104494 |
|  \* | Cameo Communications, Inc. | 98000 | 27134 |
|  | Capital Futures Corp. | 59856 | 90801 |
|  # | Capital Securities Corp. | 660000 | 536975 |
|  \* | Career Technology MFG. Co. Ltd. | 223871 | 81982 |
|  # | Castles Technology Co. Ltd. | 34225 | 74054 |
|  | Caswell, Inc. | 15000 | 42146 |
|  | Catcher Technology Co. Ltd. | 117000 | 796444 |
|  | Cathay Chemical Works | 8000 | 13567 |
|  | Cathay Consolidated, Inc. | 14299 | 41722 |
|  | Cathay Financial Holding Co. Ltd. | 761358 | 1402809 |
|  | Cathay Real Estate Development Co. Ltd. | 212000 | 128163 |
|  | CCP Contact Probes Co. Ltd. | 33554 | 29035 |
|  \* | Celxpert Energy Corp. | 31821 | 28717 |
|  | Cenra, Inc. | 25000 | 27116 |
|  # | Center Laboratories, Inc. | 199773 | 223270 |
|  | Central Reinsurance Co. Ltd. | 176105 | 144683 |
|  | Century Iron & Steel Industrial Co. Ltd. | 74000 | 407798 |
|  | Chailease Holding Co. Ltd. | 337723 | 1215160 |
|  | Chain Chon Industrial Co. Ltd. | 47032 | 19768 |
|  \* | ChainQui Construction Development Co. Ltd. | 49000 | 21939 |
|  | Chaintech Technology Corp. | 13000 | 14446 |
|  | Champion Microelectronic Corp. | 20000 | 28628 |
|  | Chang Hwa Commercial Bank Ltd. | 1080480 | 616113 |
|  | Chang Wah Electromaterials, Inc. | 117000 | 157505 |

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752

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Chang Wah Technology Co. Ltd. | 149000 | $167998 |
|  | Channel Well Technology Co. Ltd. | 63000 | 142953 |
|  | Chant Sincere Co. Ltd. | 19000 | 29761 |
|  | Charoen Pokphand Enterprise | 66800 | 209042 |
|  | Chateau International Development Co. Ltd. | 12810 | 11851 |
|  | CHC Healthcare Group | 52000 | 70360 |
|  | CHC Resources Corp. | 14000 | 31505 |
|  | Chen Full International Co. Ltd. | 46000 | 68977 |
|  | Chenbro Micom Co. Ltd. | 11000 | 85917 |
|  | Cheng Loong Corp. | 327000 | 178695 |
|  \* | Cheng Mei Materials Technology Corp. | 181962 | 73560 |
|  | Cheng Shin Rubber Industry Co. Ltd. | 504000 | 778435 |
|  | Cheng Uei Precision Industry Co. Ltd. | 154000 | 236019 |
|  # | Chenming Electronic Technology Corp. | 37000 | 102856 |
|  | Chia Chang Co. Ltd. | 44000 | 53492 |
|  | Chia Hsin Cement Corp. | 136220 | 63232 |
|  | Chicony Electronics Co. Ltd. | 129000 | 621568 |
|  | Chicony Power Technology Co. Ltd. | 67000 | 224232 |
|  | Chief Telecom, Inc. | 9300 | 125718 |
|  | Chien Kuo Construction Co. Ltd. | 39200 | 34988 |
|  | Chien Shing Harbour Service Co. Ltd. | 22000 | 33168 |
|  \* | Chien Shing Stainless Steel Co. Ltd. | 35616 | 13670 |
|  | China Airlines Ltd. | 1046000 | 689064 |
|  | China Bills Finance Corp. | 224000 | 104403 |
|  | China Container Terminal Corp. | 41000 | 36850 |
|  | China Ecotek Corp. | 8000 | 13857 |
|  | China Electric Manufacturing Corp. | 101000 | 43033 |
|  | China Fineblanking Technology Co. Ltd. | 13000 | 11398 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | China General Plastics Corp. | 138000 | $48033 |
|  | China Glaze Co. Ltd. | 46000 | 23231 |
|  \* | China Man-Made Fiber Corp. | 460000 | 91378 |
|  | China Metal Products | 106000 | 87870 |
|  | China Motor Corp. | 119000 | 266896 |
|  #\* | China Petrochemical Development Corp. | 1413490 | 317736 |
|  # | China Steel Chemical Corp. | 64000 | 182951 |
|  | China Steel Corp. | 1447000 | 935765 |
|  | China Steel Structure Co. Ltd. | 27000 | 36998 |
|  | China Wire & Cable Co. Ltd. | 43000 | 45395 |
|  | Chinese Maritime Transport Ltd. | 28000 | 35473 |
|  | Ching Feng Home Fashions Co. Ltd. | 46854 | 35982 |
|  | Chin-Poon Industrial Co. Ltd. | 144000 | 145711 |
|  \* | Chip Hope Co. Ltd. | 9000 | 11043 |
|  | Chipbond Technology Corp. | 242000 | 481175 |
|  | ChipMOS Technologies, Inc. (8150 TT) | 282000 | 233293 |
|  | Chlitina Holding Ltd. | 19301 | 68802 |
|  | Chong Hong Construction Co. Ltd. | 84000 | 230129 |
|  | Chroma ATE, Inc. | 55000 | 502768 |
|  | Chun YU Works & Co. Ltd. | 23750 | 15542 |
|  | Chun Yuan Steel Industry Co. Ltd. | 165000 | 93818 |
|  # | Chung Hung Steel Corp. | 267000 | 134980 |
|  | Chung Hwa Chemical Industrial Works Ltd. | 27000 | 19441 |
|  | Chung Hwa Food Industrial Co. Ltd. | 7000 | 20025 |
|  \* | Chung Hwa Pulp Corp. | 150000 | 59956 |
|  | Chung Lien Co. Ltd. | 9000 | 10552 |
|  | Chung Tai Resource Technology Corp. | 21000 | 48234 |
|  # | Chung-Hsin Electric & Machinery Manufacturing Corp. | 126000 | 502761 |

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Chunghwa Precision Test Tech Co. Ltd. | 5000 | $114098 |
|  | Chunghwa Telecom Co. Ltd. (2412 TT) | 93000 | 375990 |
|  | Chunghwa Telecom Co. Ltd. (CHT US), Sponsored ADR | 18891 | 763952 |
|  | Chyang Sheng Texing Co. Ltd. | 5000 | 3548 |
|  | CKM Applied Materials Corp. | 8000 | 8108 |
|  | Cleanaway Co. Ltd. (8422 TT) | 31000 | 176030 |
|  | Clevo Co. | 134000 | 200812 |
|  | CMC Magnetics Corp. | 360800 | 89636 |
|  | C-Media Electronics, Inc. | 21000 | 23286 |
|  | Collins Co. Ltd. | 38000 | 18221 |
|  | Compal Electronics, Inc. | 794000 | 684168 |
|  | Compeq Manufacturing Co. Ltd. | 312000 | 547634 |
|  | Complex Micro Interconnection Co. Ltd. | 21000 | 26953 |
|  | Compucase Enterprise**.** | 25000 | 51382 |
|  # | Concord International Securities Co. Ltd. | 89900 | 36108 |
|  | Concord Securities Co. Ltd. | 238350 | 86988 |
|  | Continental Holdings Corp. | 154000 | 117290 |
|  | Contrel Technology Co. Ltd. | 46000 | 54625 |
|  | Coremax Corp. | 36555 | 51543 |
|  # | Coretronic Corp. | 92000 | 181073 |
|  # | Co-Tech Development Corp. | 93000 | 138805 |
|  # | Coxon Precise Industrial Co. Ltd. | 38000 | 18051 |
|  | Creative Sensor, Inc. | 17000 | 24354 |
|  | Crowell Development Corp. | 36000 | 40304 |
|  | Cryomax Cooling System Corp. | 20581 | 19424 |
|  \* | CSBC Corp. Taiwan | 194000 | 101859 |
|  | CTBC Financial Holding Co. Ltd. | 2321000 | 2860027 |
|  | CTCI Advanced Systems, Inc. | 3000 | 13229 |
|  | CTCI Corp. | 224000 | 192610 |
|  | CTI Traffic Industries Co. Ltd. | 4000 | 13414 |
|  | Cub Elecparts, Inc. | 5000 | 14097 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | CviLux Corp. | 30000 | $43964 |
|  | Cyberlink Corp. | 21000 | 65126 |
|  | CyberPower Systems, Inc. | 18600 | 164203 |
|  \* | CyberTAN Technology, Inc. | 103000 | 72914 |
|  | Cystech Electronics Corp. | 8000 | 20352 |
|  | DA CIN Construction Co. Ltd. | 79200 | 139207 |
|  | Dah San Electric Wire & Cable Co. Ltd. | 27456 | 44696 |
|  # | Da-Li Development Co. Ltd. | 108552 | 157516 |
|  | Darfon Electronics Corp. | 75000 | 89136 |
|  # | Darwin Precisions Corp. | 154000 | 55088 |
|  | Davicom Semiconductor, Inc. | 13000 | 9653 |
|  | Daxin Materials Corp. | 17000 | 87853 |
|  | De Licacy Industrial Co. Ltd. | 88240 | 39654 |
|  | Delpha Construction Co. Ltd. | 109000 | 113020 |
|  | Delta Electronics, Inc. | 179000 | 1875597 |
|  | Depo Auto Parts Ind Co. Ltd. | 40000 | 228257 |
|  | Desiccant Technology Corp. | 6000 | 26833 |
|  | DFI, Inc. | 10000 | 19575 |
|  | Dimerco Data System Corp. | 15600 | 61059 |
|  | Dimerco Express Corp. | 49052 | 112952 |
|  | DingZing Advanced Materials, Inc. | 5000 | 20174 |
|  | D-Link Corp. | 207000 | 106415 |
|  | Donpon Precision, Inc. | 26000 | 23292 |
|  | Dr. Wu Skincare Co. Ltd. | 5000 | 21095 |
|  | Draytek Corp. | 16000 | 17018 |
|  | Drewloong Precision, Inc. | 8357 | 45776 |
|  \* | Dyaco International, Inc. | 44786 | 33115 |
|  # | Dynamic Holding Co. Ltd. | 111000 | 149584 |
|  | Dynamic Medical Technologies, Inc. | 4400 | 11457 |
|  # | Dynapack International Technology Corp. | 46000 | 250142 |
|  | E Ink Holdings, Inc. | 63000 | 440092 |

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | E.Sun Financial Holding Co. Ltd. | 1778895 | $1577838 |
|  | Eastech Holding Ltd. | 18000 | 58241 |
|  \* | Eastern Media International Corp. | 107680 | 55106 |
|  # | Eclat Textile Co. Ltd. | 48000 | 625650 |
|  | eCloudvalley Digital Technology Co. Ltd. | 14000 | 39406 |
|  | ECOVE Environment Corp. | 15000 | 134387 |
|  \* | Edimax Technology Co. Ltd. | 46000 | 32540 |
|  # | Edison Opto Corp. | 50084 | 31071 |
|  | Edom Technology Co. Ltd. | 55000 | 42174 |
|  | eGalax_eMPIA Technology, Inc. | 9000 | 11998 |
|  \* | Egis Technology, Inc. | 22000 | 67034 |
|  \* | EirGenix, Inc. | 26000 | 51750 |
|  | Elan Microelectronics Corp. | 113000 | 464783 |
|  | E-Lead Electronic Co. Ltd. | 37202 | 56323 |
|  | E-LIFE MALL Corp. | 23000 | 52334 |
|  \* | Elite Advanced Laser Corp. | 20000 | 129529 |
|  # | Elite Material Co. Ltd. | 75000 | 1305257 |
|  | Elite Semiconductor Microelectronics Technology, Inc. | 108000 | 175592 |
|  | Elitegroup Computer Systems Co. Ltd. | 120000 | 58217 |
|  | eMemory Technology, Inc. | 11000 | 885736 |
|  | Emerging Display Technologies Corp. | 48000 | 36078 |
|  | ENE Technology, Inc. | 7000 | 8025 |
|  | Ennoconn Corp. | 37272 | 313476 |
|  | Ennostar, Inc. | 244000 | 275893 |
|  #\* | Epileds Technologies, Inc. | 30000 | 21379 |
|  \* | Episil Technologies, Inc. | 52000 | 58548 |
|  | Episil-Precision, Inc. | 37086 | 39413 |
|  | Eris Technology Corp. | 6633 | 33944 |
|  | Eson Precision Ind Co. Ltd. | 45000 | 63440 |
|  | Eternal Materials Co. Ltd. | 372950 | 298939 |
|  | Eurocharm Holdings Co. Ltd. | 13000 | 62971 |
|  | Eva Airways Corp. | 696000 | 835986 |
|  | Ever Supreme Bio Technology Co. Ltd. | 13200 | 68584 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  \* | Everest Textile Co. Ltd. | 157000 | $33219 |
|  | Evergreen Aviation Technologies Corp. | 60000 | 195616 |
|  | Evergreen International Storage & Transport Corp. | 191000 | 172890 |
|  | Evergreen Marine Corp. Taiwan Ltd. | 198400 | 1285429 |
|  # | EVERGREEN Steel Corp. | 75000 | 193836 |
|  # | Everlight Chemical Industrial Corp. | 168000 | 88539 |
|  # | Everlight Electronics Co. Ltd. | 138000 | 330996 |
|  #\* | Everspring Industry Co. Ltd. | 28000 | 9518 |
|  | Evertop Wire Cable Corp. | 36000 | 27226 |
|  | Excel Cell Electronic Co. Ltd. | 19000 | 10922 |
|  # | Excellence Opto, Inc. | 66000 | 42186 |
|  | Excelsior Medical Co. Ltd. | 41637 | 113537 |
|  | EZconn Corp. | 8000 | 89440 |
|  | Falcon Machine Tools Co. Ltd. | 15000 | 11001 |
|  | Far Eastern Department Stores Ltd. | 362000 | 265721 |
|  | Far Eastern International Bank | 756163 | 304447 |
|  | Far Eastern New Century Corp. | 550000 | 565975 |
|  | Far EasTone Telecommunications Co. Ltd. | 381797 | 1023811 |
|  | Faraday Technology Corp. | 73081 | 415041 |
|  | Farglory F T Z Investment Holding Co. Ltd. | 50757 | 54522 |
|  | Farglory Land Development Co. Ltd. | 102000 | 190448 |
|  | FDC International Hotels Corp. | 2000 | 3164 |
|  | Feature Integration Technology, Inc. | 10000 | 19150 |
|  \* | Federal Corp. | 96000 | 53770 |
|  | Feedback Technology Corp. | 14040 | 47220 |

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755

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Feng Hsin Steel Co. Ltd. | 163000 | $306651 |
|  | Feng TAY Enterprise Co. Ltd. | 148880 | 527009 |
|  | FIC Global, Inc. | 12000 | 11265 |
|  \* | FineMat Applied Materials Co. Ltd. | 19000 | 17076 |
|  | FineTek Co. Ltd. | 10200 | 38546 |
|  | Firich Enterprises Co. Ltd. | 93000 | 75571 |
|  #\* | First Copper Technology Co. Ltd. | 86000 | 95011 |
|  | First Financial Holding Co. Ltd. | 1351877 | 1076510 |
|  # | First Hi-Tec Enterprise Co. Ltd. | 18000 | 81399 |
|  | First Hotel | 65000 | 26963 |
|  | First Insurance Co. Ltd. | 103000 | 95081 |
|  \* | First Steamship Co. Ltd. | 312000 | 60170 |
|  # | FIT Holding Co. Ltd. | 69000 | 101444 |
|  | Fitipower Integrated Technology, Inc. | 44150 | 303074 |
|  | FLEXium Interconnect, Inc. | 142000 | 225486 |
|  # | Flytech Technology Co. Ltd. | 36000 | 127966 |
|  | FocalTech Systems Co. Ltd. | 68000 | 132276 |
|  | Forcecon Tech Co. Ltd. | 25454 | 88235 |
|  \* | Forest Water Environment Engineering Co. Ltd. | 17544 | 16470 |
|  | Formosa Advanced Technologies Co. Ltd. | 58000 | 48232 |
|  # | Formosa Chemicals & Fibre Corp. | 630000 | 492317 |
|  \* | Formosa Electronic Industries, Inc. | 20000 | 22103 |
|  | Formosa International Hotels Corp. | 29000 | 180808 |
|  | Formosa Laboratories, Inc. | 45000 | 85068 |
|  | Formosa Oilseed Processing Co. Ltd. | 14500 | 13442 |
|  | Formosa Optical Technology Co. Ltd. | 8000 | 34836 |
|  # | Formosa Petrochemical Corp. | 149000 | 163117 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Formosa Plastics Corp. | 490000 | $522062 |
|  | Formosa Sumco Technology Corp. | 18000 | 44927 |
|  # | Formosa Taffeta Co. Ltd. | 359000 | 186093 |
|  | Formosan Rubber Group, Inc. | 75700 | 59216 |
|  | Formosan Union Chemical | 126000 | 68344 |
|  # | Fortune Electric Co. Ltd. | 30000 | 395411 |
|  \* | Forward Electronics Co. Ltd. | 21000 | 14557 |
|  | Fositek Corp. | 8000 | 115375 |
|  | Founding Construction & Development Co. Ltd. | 67000 | 36769 |
|  | Foxconn Technology Co. Ltd. | 175000 | 325726 |
|  | Foxsemicon Integrated Technology, Inc. | 31000 | 265669 |
|  # | Franbo Lines Corp. | 79663 | 49810 |
|  | Froch Enterprise Co. Ltd. | 98000 | 46193 |
|  # | FSP Technology, Inc. | 51000 | 86059 |
|  | Fu Chun Shin Machinery Manufacture Co. Ltd. | 27315 | 14143 |
|  | Fu Hua Innovation Co. Ltd. | 89365 | 105103 |
|  | Fubon Financial Holding Co. Ltd. | 1161627 | 3078811 |
|  | Fulgent Sun International Holding Co. Ltd. | 89443 | 285001 |
|  \* | Full Wang International Development Co. Ltd. | 14000 | 12120 |
|  | Fullerton Technology Co. Ltd. | 41000 | 31803 |
|  #\* | Fulltech Fiber Glass Corp. | 121745 | 104130 |
|  | Fusheng Precision Co. Ltd. | 37000 | 412724 |
|  | Fwusow Industry Co. Ltd. | 100045 | 44286 |
|  | G Shank Enterprise Co. Ltd. | 41416 | 94647 |
|  | Gallant Micro Machining Co. Ltd. | 1000 | 12097 |

---

756

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Gallant Precision Machining Co. Ltd. | 11000 | $24142 |
|  # | Gamania Digital Entertainment Co. Ltd | 41000 | 94147 |
|  \* | GCS Holdings, Inc. | 9000 | 26222 |
|  | GEM Services, Inc. | 27000 | 54817 |
|  \* | GEM Terminal Industrial Co. Ltd. | 15000 | 8797 |
|  # | Gemtek Technology Corp. | 158000 | 140538 |
|  \* | General Interface Solution GIS Holding Ltd. | 111000 | 162865 |
|  | General Plastic Industrial Co. Ltd. | 30000 | 29831 |
|  | Generalplus Technology, Inc. | 28000 | 36470 |
|  | Genesys Logic, Inc. | 23000 | 100416 |
|  | Genius Electronic Optical Co. Ltd. | 43000 | 505061 |
|  | Genovate Biotechnology Co. Ltd. | 15450 | 9935 |
|  | GeoVision, Inc. | 12460 | 24458 |
|  | Getac Holdings Corp. | 80000 | 269199 |
|  | GFC Ltd. | 23000 | 77726 |
|  | Giant Manufacturing Co. Ltd. | 78015 | 318475 |
|  | Giantplus Technology Co. Ltd. | 114000 | 47266 |
|  | Gigabyte Technology Co. Ltd. | 107000 | 772435 |
|  \* | Gigasolar Materials Corp. | 20474 | 40580 |
|  \* | Gigastorage Corp. | 108000 | 41283 |
|  # | Global Brands Manufacture Ltd. | 138000 | 262888 |
|  | Global Lighting Technologies, Inc. | 27000 | 37973 |
|  | Global Mixed Mode Technology, Inc. | 24000 | 166513 |
|  | Global PMX Co. Ltd. | 32000 | 92135 |
|  | Global Unichip Corp. | 19000 | 610379 |
|  | Global View Co. Ltd. | 15000 | 20205 |
|  | Globaltek Fabrication Co. Ltd. | 12000 | 23446 |
|  # | Globalwafers Co. Ltd. | 76000 | 733480 |
|  | Globe Union Industrial Corp. | 97566 | 33297 |
|  # | Gloria Material Technology Corp. | 180000 | 248474 |
|  \* | GlycoNex, Inc. | 29000 | 16717 |
|  | GMI Technology, Inc. | 20452 | 34126 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Gold Circuit Electronics Ltd. | 106800 | $642475 |
|  | Golden Long Teng Development Co. Ltd. | 35000 | 31173 |
|  | Goldsun Building Materials Co. Ltd. | 284000 | 348863 |
|  | Good Finance Securities Co. Ltd. | 19000 | 12330 |
|  | Good Will Instrument Co. Ltd. | 31000 | 40648 |
|  | Gordon Auto Body Parts | 47000 | 50153 |
|  | Gourmet Master Co. Ltd. | 53000 | 151763 |
|  | Grand Fortune Securities Co. Ltd. | 139990 | 53872 |
|  #\* | Grand Pacific Petrochemical | 400433 | 147593 |
|  | Grand Process Technology Corp. | 3000 | 87481 |
|  | GrandTech CG Systems, Inc. | 12437 | 20533 |
|  | Grape King Bio Ltd. | 64000 | 272569 |
|  | Great China Metal Industry | 51000 | 36606 |
|  | Great Taipei Gas Co. Ltd. | 70000 | 67330 |
|  | Great Tree Pharmacy Co. Ltd. | 32164 | 160470 |
|  | Great Wall Enterprise Co. Ltd. | 266100 | 497957 |
|  | Greatek Electronics, Inc. | 148000 | 254491 |
|  | Green World FinTech Service Co. Ltd. | 32000 | 56767 |
|  | Group Up Industrial Co. Ltd. | 14000 | 79468 |
|  | GTM Holdings Corp. | 36000 | 35881 |
|  # | Gudeng Precision Industrial Co. Ltd. | 27246 | 314743 |
|  \* | Hai Kwang Enterprise Corp. | 46050 | 21484 |
|  | Hannstar Board Corp. . | 122840 | 182459 |
|  \* | HannStar Display Corp. | 860000 | 190546 |
|  \* | HannsTouch Holdings Co. | 227000 | 49929 |
|  | Hanpin Electron Co. Ltd. | 20000 | 29286 |
|  | Harvatek Corp. | 61000 | 31276 |
|  | Heran Co. Ltd. | 16000 | 42555 |
|  | Hey Song Corp. | 98000 | 119870 |

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Hi-Clearance, Inc. | 7518 | $33582 |
|  | Highlight Tech Corp. | 27000 | 38351 |
|  | Highwealth Construction Corp. | 225636 | 288389 |
|  | Hi-Lai Foods Co. Ltd. | 6000 | 27552 |
|  | HIM International Music, Inc. | 15000 | 45561 |
|  | Hiroca Holdings Ltd. | 21000 | 15836 |
|  | Hitron Technology, Inc. | 41000 | 27862 |
|  | Hiwin Technologies Corp. | 42701 | 294758 |
|  # | Hiyes International Co. Ltd. | 20759 | 77737 |
|  | Ho Tung Chemical Corp. | 278000 | 73137 |
|  | Hocheng Corp. | 102960 | 57445 |
|  | Holdings-Key Electric Wire & Cable Co. Ltd. | 28000 | 33792 |
|  | Holiday Entertainment Co. Ltd. | 18950 | 45525 |
|  | Holtek Semiconductor, Inc. | 6000 | 7645 |
|  | Holy Stone Enterprise Co. Ltd. | 45550 | 119182 |
|  | Hon Hai Precision Industry Co. Ltd. (2317 TT) | 956000 | 4259264 |
|  | Honey Hope Honesty Enterprise Co. Ltd. | 18000 | 14465 |
|  | Hong Ho Precision Textile Co. Ltd. | 36000 | 29269 |
|  | Hong Pu Real Estate Development Co. Ltd. | 74000 | 68767 |
|  | Hong TAI Electric Industrial | 93000 | 89697 |
|  | Horizon Securities Co. Ltd. | 114240 | 36834 |
|  # | Hota Industrial Manufacturing Co. Ltd. | 99000 | 197038 |
|  # | Hotai Finance Co. Ltd. | 100480 | 213548 |
|  | Hotai Motor Co. Ltd. | 42100 | 819458 |
|  \* | Hotron Precision Electronic Industrial Co. Ltd. | 18919 | 11632 |
|  | Hsin Ba Ba Corp. | 13269 | 36460 |
|  # | Hsin Kuang Steel Co. Ltd. | 102000 | 137709 |
|  | Hsin Yung Chien Co. Ltd. | 6000 | 16638 |
|  | Hsing TA Cement Co. | 41000 | 21503 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  #\* | HTC Corp. | 247000 | $299003 |
|  # | Hu Lane Associate, Inc. | 27675 | 131390 |
|  | HUA ENG Wire & Cable Co. Ltd. | 119000 | 91693 |
|  | Hua Jung Components Co. Ltd. | 30000 | 12570 |
|  | Hua Nan Financial Holdings Co. Ltd. | 1780347 | 1507451 |
|  | Hua Yu Lien Development Co. Ltd. | 43000 | 160728 |
|  | Huaku Development Co. Ltd. | 107000 | 349051 |
|  | Huang Hsiang Construction Corp. | 46000 | 74261 |
|  | Huikwang Corp. | 14000 | 11869 |
|  | Hung Ching Development & Construction Co. Ltd. | 49000 | 44833 |
|  | Hung Sheng Construction Ltd. | 153000 | 109170 |
|  | Huxen Corp. | 7000 | 10999 |
|  | Hwa Fong Rubber Industrial Co. Ltd. | 78000 | 42482 |
|  | Hwacom Systems, Inc. | 32000 | 21431 |
|  # | Hwang Chang General Contractor Co. Ltd. | 72695 | 165579 |
|  | Ibase Technology, Inc. | 32000 | 61286 |
|  # | IBF Financial Holdings Co. Ltd. | 1024549 | 387965 |
|  | ICARES Medicus, Inc. | 3000 | 10403 |
|  | Ichia Technologies, Inc. | 78000 | 89742 |
|  # | I-Chiun Precision Industry Co. Ltd. | 61864 | 152189 |
|  \* | Ideal Bike Corp. | 29000 | 6240 |
|  | IEI Integration Corp. | 57000 | 150311 |
|  | IKKA Holdings Cayman Ltd. | 6000 | 19363 |
|  #\* | In Win Development, Inc. | 9000 | 23284 |
|  | Inergy Technology, Inc. | 5000 | 9562 |
|  | Infortrend Technology, Inc. | 72000 | 55850 |
|  # | Ingentec Corp. | 5250 | 19514 |
|  | Innodisk Corp. | 32172 | 234590 |
|  | Innolux Corp. | 1438587 | 616088 |
|  | Inpaq Technology Co. Ltd. | 40205 | 86234 |
|  | Insyde Software Corp. | 8000 | 64237 |

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Intai Technology Corp. | 11000 | $36895 |
|  | Integrated Service Technology, Inc. | 24000 | 76215 |
|  \* | IntelliEPI, Inc. | 10000 | 30151 |
|  | Interactive Digital Technologies, Inc. | 13000 | 32295 |
|  \* | International CSRC Investment Holdings Co. | 306000 | 101710 |
|  | International Games System Co. Ltd. | 38000 | 985184 |
|  # | Inventec Corp. | 390000 | 498167 |
|  # | Iron Force Industrial Co. Ltd. | 20742 | 62350 |
|  | I-Sheng Electric Wire & Cable Co. Ltd. | 36000 | 57328 |
|  | ITE Technology, Inc. | 55000 | 223743 |
|  | ITEQ Corp. | 62000 | 124510 |
|  | Jarllytec Co. Ltd. | 9000 | 34714 |
|  | Jean Co. Ltd. | 69313 | 50794 |
|  | Jentech Precision Industrial Co. Ltd. | 8299 | 261333 |
|  | Jetway Information Co. Ltd. | 12750 | 17966 |
|  # | Jetwell Computer Co. Ltd. | 9000 | 78920 |
|  | Jia Wei Lifestyle, Inc. | 18000 | 28202 |
|  | Jih Lin Technology Co. Ltd. | 28000 | 41028 |
|  | Jiin Yeeh Ding Enterprise Co. Ltd. | 25000 | 50267 |
|  # | Jinan Acetate Chemical Co. Ltd. | 17888 | 470884 |
|  | Johnson Chemical Pharmaceutical Works Corp. | 16000 | 35178 |
|  | Johnson Health Tech Co. Ltd. | 28000 | 151084 |
|  | Joinsoon Electronics Manufacturing Co. Ltd. | 34813 | 13773 |
|  # | JPC connectivity, Inc. | 31000 | 122414 |
|  # | JPP Holding Co. Ltd. | 18000 | 80005 |
|  # | JSL Construction & Development Co. Ltd. | 34379 | 88758 |
|  | K Laser Technology, Inc. | 47000 | 24993 |
|  | Kaimei Electronic Corp. | 40400 | 71384 |
|  | Kao Fong Machinery Co. Ltd. | 24000 | 39788 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Kaori Heat Treatment Co. Ltd. | 12000 | $79387 |
|  | Kedge Construction Co. Ltd. | 24913 | 61435 |
|  | Keding Enterprises Co. Ltd. | 10000 | 39158 |
|  | KEE TAI Properties Co. Ltd. | 130935 | 51918 |
|  | Kenda Rubber Industrial Co. Ltd. | 311051 | 229448 |
|  | Kent Industrial Co. Ltd. | 12000 | 9377 |
|  | Kerry TJ Logistics Co. Ltd. | 82000 | 90995 |
|  | Keystone Microtech Corp. | 10000 | 91655 |
|  | KGI Financial Holding Co. Ltd. | 1923000 | 997413 |
|  # | KHGEARS International Ltd. | 10000 | 47372 |
|  | Kindom Development Co. Ltd. | 154000 | 245661 |
|  | King Chou Marine Technology Co. Ltd. | 27000 | 37444 |
|  | King Polytechnic Engineering Co. Ltd. | 17400 | 25499 |
|  | King Slide Works Co. Ltd. | 6000 | 328176 |
|  | King Yuan Electronics Co. Ltd. | 244000 | 663538 |
|  | King's Town Bank Co. Ltd. | 341000 | 516267 |
|  \* | King's Town Construction Co. Ltd. | 18000 | 26734 |
|  | Kingstate Electronics Corp. | 8000 | 9464 |
|  | Kinik Co. | 31000 | 238304 |
|  | Kinko Optical Co. Ltd. . | 54000 | 41851 |
|  | Kinpo Electronics | 367000 | 229185 |
|  | Kinsus Interconnect Technology Corp. | 138000 | 325989 |
|  | KMC Kuei Meng International, Inc. | 18000 | 54486 |
|  | KNH Enterprise Co. Ltd. | 40000 | 21783 |
|  | Ko Ja Cayman Co. Ltd. | 18000 | 22020 |
|  # | KS Terminals, Inc. | 45000 | 77715 |
|  | Kuang Hong Arts Management, Inc. | 9000 | 25419 |

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Kuen Ling Machinery Refrigerating Co. Ltd. | 26000 | $37141 |
|  | Kung Long Batteries Industrial Co. Ltd. | 25000 | 111475 |
|  \* | Kung Sing Engineering Corp. | 139000 | 53249 |
|  # | Kuo Toong International Co. Ltd. | 73000 | 126267 |
|  | Kuo Yang Construction Co. Ltd. | 86000 | 53647 |
|  | Kwong Lung Enterprise Co. Ltd. | 34000 | 55349 |
|  # | L&K Engineering Co. Ltd. | 69166 | 511217 |
|  | La Kaffa International Co. Ltd. | 10000 | 28957 |
|  | Lang, Inc. | 17000 | 30098 |
|  | Lanner Electronics, Inc. | 40380 | 110476 |
|  | Largan Precision Co. Ltd. (3008 TT) | 12000 | 855500 |
|  # | Laser Tek Taiwan Co. Ltd. | 25300 | 33967 |
|  | Laster Tech Corp. Ltd. | 37000 | 33140 |
|  \* | Leader Electronics, Inc. | 74000 | 26606 |
|  | Leadtrend Technology Corp. | 6000 | 9264 |
|  \* | Lealea Enterprise Co. Ltd. | 252600 | 58808 |
|  | LEE CHI Enterprises Co. Ltd. | 66000 | 23093 |
|  | Lelon Electronics Corp. | 41000 | 92757 |
|  | Lemtech Holdings Co. Ltd. | 16000 | 44618 |
|  | Leo Systems, Inc. | 20000 | 19328 |
|  \* | Leofoo Development Co. Ltd. | 59000 | 31767 |
|  \* | Li Peng Enterprise Co. Ltd. | 228000 | 44465 |
|  | Lian HWA Food Corp. | 42824 | 174605 |
|  | Lida Holdings Ltd. | 20000 | 12704 |
|  | Lien Hwa Industrial Holdings Corp. | 171781 | 235416 |
|  | Lingsen Precision Industries Ltd. | 119000 | 52458 |
|  | Lintes Technology Co. Ltd. | 5000 | 18874 |
|  | Lion Travel Service Co. Ltd. | 19000 | 81296 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Lite-On Technology Corp. | 281000 | $849808 |
|  | Liton Technology Corp. | 29000 | 30858 |
|  \* | Long Bon International Co. Ltd. | 23000 | 12337 |
|  | Long Da Construction & Development Corp. | 77000 | 84297 |
|  \* | Longchen Paper & Packaging Co. Ltd. | 351515 | 100314 |
|  # | Longwell Co. | 48000 | 114959 |
|  | Loop Telecommunication International, Inc. | 21000 | 34688 |
|  | Lotes Co. Ltd. | 19207 | 755214 |
|  | Lotus Pharmaceutical Co. Ltd. | 36000 | 248019 |
|  | Loyalty Founder Enterprise Co. Ltd. | 20000 | 20642 |
|  | Lucky Cement Corp. | 107000 | 46261 |
|  | Lumax International Corp. Ltd. | 34600 | 103023 |
|  \* | Lung Yen Life Service Corp. | 57000 | 121175 |
|  | Lungteh Shipbuilding Co. Ltd. | 26050 | 81668 |
|  | Luxe Green Energy Technology Co. Ltd. | 21630 | 15180 |
|  | LuxNet Corp. | 12617 | 60807 |
|  | M3 Technology, Inc. | 6000 | 18719 |
|  # | M31 Technology Corp. | 3840 | 61877 |
|  | Macauto Industrial Co. Ltd. | 19000 | 30289 |
|  | Macnica Galaxy, Inc. | 6000 | 18425 |
|  | Macroblock, Inc. | 10000 | 19174 |
|  # | Macronix International Co. Ltd. | 754000 | 468627 |
|  | MacroWell OMG Digital Entertainment Co. Ltd. | 4000 | 9728 |
|  #\* | Magnate Technology Co. Ltd. | 22000 | 33824 |
|  | Makalot Industrial Co. Ltd. | 73780 | 656472 |
|  | Marketech International Corp. | 35000 | 175963 |
|  | Materials Analysis Technology, Inc. | 24622 | 119988 |
|  | Maxigen Biotech, Inc. | 13650 | 18279 |
|  | Mayer Steel Pipe Corp. | 72000 | 64303 |

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Mechema Chemicals International Corp. | 22000 | $36333 |
|  \* | Medeon Biodesign, Inc. | 11339 | 18033 |
|  | MediaTek, Inc. | 140000 | 5949030 |
|  | Mega Financial Holding Co. Ltd. | 946835 | 1121318 |
|  | Megaforce Co. Ltd. | 16000 | 13780 |
|  | Meiloon Industrial Co. | 46800 | 32631 |
|  | Mercuries & Associates Holding Ltd. | 184396 | 78778 |
|  | Mercuries Data Systems Ltd. | 15000 | 11683 |
|  \* | Mercuries Life Insurance Co. Ltd. | 1211121 | 209329 |
|  | Merida Industry Co. Ltd. | 88000 | 364995 |
|  | Merry Electronics Co. Ltd. | 94101 | 333201 |
|  | METAAGE Corp. | 25000 | 39943 |
|  \* | Microbio Co. Ltd. | 159399 | 118037 |
|  | Micro-Star International Co. Ltd. | 144000 | 629795 |
|  | Mildef Crete, Inc. | 20000 | 62353 |
|  | MIN AIK Technology Co. Ltd. | 62000 | 49713 |
|  # | Mitac Holdings Corp. | 173000 | 288117 |
|  \* | Mobiletron Electronics Co. Ltd. | 11000 | 11225 |
|  | momo.com, Inc. | 17750 | 179528 |
|  \* | MOSA Industrial Corp. | 64400 | 37902 |
|  \* | Mosel Vitelic, Inc. | 18000 | 13682 |
|  | Motech Industries, Inc. | 99000 | 58178 |
|  | MPI Corp. | 9000 | 184302 |
|  | MSSCORPS Co. Ltd. | 20523 | 80058 |
|  | Munsin Garment Corp. | 8000 | 12256 |
|  \* | My Humble House Hospitality Management Consulting | 13000 | 16967 |
|  | Nak Sealing Technologies Corp. | 23000 | 83627 |
|  | Namchow Holdings Co. Ltd. | 81000 | 119246 |
|  | Nan Juen International Co. Ltd. | 7000 | 26924 |
|  | Nan Kang Rubber Tire Co. Ltd. | 167000 | 204128 |
|  | Nan Liu Enterprise Co. Ltd. | 10000 | 17658 |
|  | Nan Pao Resins Chemical Co. Ltd. | 23000 | 245045 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  \* | Nan Ren Lake Leisure Amusement Co. Ltd. | 36333 | $13429 |
|  | Nan Ya Plastics Corp. | 614000 | 588401 |
|  # | Nan Ya Printed Circuit Board Corp. | 51000 | 157507 |
|  | Nang Kuang Pharmaceutical Co. Ltd. | 26000 | 29776 |
|  | Nantex Industry Co. Ltd. | 94000 | 78713 |
|  #\* | Nanya Technology Corp. | 222000 | 250648 |
|  | National Aerospace Fasteners Corp. | 7000 | 20719 |
|  | National Petroleum Co. Ltd. | 21000 | 40596 |
|  | Netronix, Inc. | 18000 | 63450 |
|  \* | New Asia Construction & Development Corp. | 50000 | 28914 |
|  | New Best Wire Industrial Co. Ltd. | 8000 | 6846 |
|  \* | Newmax Technology Co. Ltd. | 24000 | 15488 |
|  | Nextronics Engineering Corp. | 11000 | 33136 |
|  | Nichidenbo Corp. | 67000 | 135246 |
|  | Nidec Chaun-Choung Technology Corp. | 4000 | 16461 |
|  | Nien Hsing Textile Co. Ltd. | 53000 | 30434 |
|  | Nien Made Enterprise Co. Ltd. | 51000 | 624537 |
|  | Niko Semiconductor Co. Ltd. | 17191 | 21402 |
|  | Nishoku Technology, Inc. | 18000 | 77367 |
|  # | North-Star International Co. Ltd. | 54000 | 76649 |
|  | Nova Technology Corp. | 13000 | 69121 |
|  | Novatek Microelectronics Corp. | 147000 | 2390698 |
|  # | Nuvoton Technology Corp. | 74000 | 159027 |
|  | O-Bank Co. Ltd. | 438000 | 130265 |
|  | Ocean Plastics Co. Ltd. | 60000 | 65195 |
|  | OK Biotech Co. Ltd. | 46571 | 26361 |
|  \* | Oneness Biotech Co. Ltd. | 15005 | 29375 |

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Optimax Technology Corp. | 41946 | $41760 |
|  | Orient Europharma Co. Ltd. | 12000 | 17241 |
|  # | Orient Semiconductor Electronics Ltd. | 178000 | 179116 |
|  | Oriental Union Chemical Corp. | 250000 | 106460 |
|  | O-TA Precision Industry Co. Ltd. | 22000 | 45552 |
|  | Pacific Construction Co. | 101000 | 32250 |
|  | Pacific Hospital Supply Co. Ltd. | 16000 | 46373 |
|  \* | Paiho Shih Holdings Corp. | 73628 | 49865 |
|  | Pan Asia Chemical Corp. | 51519 | 16958 |
|  | Pan German Universal Motors Ltd. | 9000 | 80082 |
|  | Pan Jit International, Inc. | 121000 | 168182 |
|  | Pan-International Industrial Corp. | 170000 | 201072 |
|  | Panion & BF Biotech, Inc. | 21000 | 46200 |
|  | Parade Technologies Ltd. | 24000 | 405668 |
|  # | Parpro Corp. | 37000 | 49719 |
|  \* | PChome Online, Inc. | 63268 | 74099 |
|  | PCL Technologies, Inc. | 20281 | 60298 |
|  | P-Duke Technology Co. Ltd. | 16000 | 41520 |
|  | Pegatron Corp. | 245000 | 622489 |
|  | Pegavision Corp. | 12514 | 136522 |
|  | PharmaEngine, Inc. | 33000 | 92354 |
|  \* | PharmaEssentia Corp. | 9219 | 151569 |
|  \* | Phihong Technology Co. Ltd. | 139000 | 112088 |
|  | Phison Electronics Corp. | 24000 | 335583 |
|  | Phoenix Silicon International Corp. | 54272 | 221781 |
|  | Phoenix Tours International, Inc. | 18300 | 33760 |
|  \* | Phytohealth Corp. | 53000 | 22081 |
|  | Pixart Imaging, Inc. | 57000 | 382639 |
|  | Planet Technology Corp. | 8000 | 35909 |
|  | Plastron Precision Co. Ltd. | 27000 | 13726 |
|  | Podak Co. Ltd. | 18000 | 23150 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Polytronics Technology Corp. | 14000 | $18757 |
|  | Posiflex Technology, Inc. | 14000 | 113407 |
|  | Pou Chen Corp. | 420000 | 432503 |
|  | Power Wind Health Industry, Inc. | 16000 | 66184 |
|  #\* | Powerchip Semiconductor Manufacturing Corp. | 601000 | 265694 |
|  | Powertech Technology, Inc. | 209000 | 710186 |
|  # | Poya International Co. Ltd. | 18312 | 274172 |
|  | President Chain Store Corp. | 137000 | 1120327 |
|  | President Securities Corp. | 337000 | 248410 |
|  # | Primax Electronics Ltd. | 173000 | 404196 |
|  | Prince Housing & Development Corp. | 383000 | 109194 |
|  | Princeton Technology Corp. | 40000 | 15143 |
|  | Pro Hawk Corp. | 2000 | 9498 |
|  # | Progate Group Corp. | 3132 | 13789 |
|  | Prolific Technology, Inc. | 14000 | 9033 |
|  # | Promate Electronic Co. Ltd. | 82000 | 182078 |
|  | Prosperity Dielectrics Co. Ltd. | 38000 | 42127 |
|  | PSS Co. Ltd. | 9000 | 38303 |
|  | Qisda Corp. | 481000 | 402930 |
|  | QST International Corp. | 28948 | 48705 |
|  | Qualipoly Chemical Corp. | 32000 | 54549 |
|  | Quang Viet Enterprise Co. Ltd. | 16000 | 42092 |
|  | Quanta Computer, Inc. | 209000 | 1570151 |
|  | Quanta Storage, Inc. | 80000 | 202842 |
|  # | Quaser Machine Tools, Inc. | 10000 | 23534 |
|  \* | Quintain Steel Co. Ltd. | 91514 | 28449 |
|  | Radiant Opto-Electronics Corp. | 89000 | 413429 |
|  | Radium Life Tech Co. Ltd. | 251268 | 99171 |
|  | Rafael Microelectronics, Inc. | 2000 | 6266 |

---

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Raydium Semiconductor Corp. | 24000 | $244059 |
|  #\* | RDC Semiconductor Co. Ltd. | 12000 | 58506 |
|  | Realtek Semiconductor Corp. | 65000 | 1068539 |
|  # | Rechi Precision Co. Ltd. | 141000 | 131135 |
|  # | Rexon Industrial Corp. Ltd. | 37000 | 36921 |
|  | Rich Development Co. Ltd. | 217280 | 61176 |
|  \* | Right WAY Industrial Co. Ltd. | 19000 | 7092 |
|  \* | RiTdisplay Corp. | 18000 | 19291 |
|  \* | Ritek Corp. | 225000 | 74993 |
|  | Rodex Fasteners Corp. | 12000 | 13598 |
|  | Roundtop Machinery Industries Co. Ltd. | 20000 | 20055 |
|  | Ruby Tech Corp. | 9270 | 12222 |
|  | Ruentex Development Co. Ltd. | 297400 | 306127 |
|  | Ruentex Engineering & Construction Co. | 30200 | 161199 |
|  | Ruentex Industries Ltd. | 118619 | 203852 |
|  | Run Long Construction Co. Ltd. | 168800 | 170701 |
|  # | Sakura Development Co. Ltd. | 122914 | 233841 |
|  | Sampo Corp. | 105000 | 83582 |
|  | San Fang Chemical Industry Co. Ltd. | 76000 | 93453 |
|  | San Fu Chemical Co. Ltd. | 12000 | 38808 |
|  | San Lien Technology Corp. Ltd. | 8400 | 18122 |
|  | San Shing Fastech Corp. | 22000 | 36556 |
|  | SanDi Properties Co. Ltd. | 8000 | 11223 |
|  | Sanyang Motor Co. Ltd. | 202000 | 437718 |
|  | Savior Lifetec Corp. | 104000 | 62719 |
|  | SCI Pharmtech, Inc. | 22714 | 51212 |
|  | Scientech Corp. | 14000 | 119161 |
|  | ScinoPharm Taiwan Ltd. | 103000 | 60514 |
|  | SciVision Biotech, Inc. | 25000 | 73621 |
|  | SDI Corp. | 49000 | 109844 |
|  | Sea & Land Integrated Corp. | 16000 | 11532 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Sea Sonic Electronics Co. Ltd. | 20000 | $39633 |
|  | Securitag Assembly Group Co. Ltd. | 4000 | 10574 |
|  | Senao International Co. Ltd. | 31000 | 30765 |
|  | Senao Networks, Inc. | 10467 | 57755 |
|  # | Sensortek Technology Corp. | 12000 | 67947 |
|  | Sercomm Corp. | 105000 | 344122 |
|  | Sesoda Corp. | 87000 | 90435 |
|  | Shanghai Commercial & Savings Bank Ltd. | 712881 | 1051263 |
|  | Sharehope Medicine Co. Ltd. | 34369 | 29686 |
|  | Sheh Fung Screws Co. Ltd. | 13000 | 16514 |
|  | Sheng Yu Steel Co. Ltd. | 37000 | 27724 |
|  | ShenMao Technology, Inc. | 42000 | 76849 |
|  | Shieh Yih Machinery Industry Co. Ltd. | 43000 | 38027 |
|  | Shih Her Technologies, Inc. | 21000 | 65125 |
|  \* | Shih Wei Navigation Co. Ltd. | 159201 | 80520 |
|  | Shihlin Electric & Engineering Corp. | 35000 | 156921 |
|  \* | Shihlin Paper Corp. | 24000 | 34174 |
|  \* | Shin Foong Specialty & Applied Materials Co. Ltd. | 9000 | 11853 |
|  | Shin Hsiung Natural Gas Co. Ltd. | 6480 | 8429 |
|  \* | Shin Kong Financial Holding Co. Ltd. | 1541934 | 568996 |
|  | Shin Ruenn Development Co. Ltd. | 37899 | 74214 |
|  | Shin Zu Shing Co. Ltd. | 52086 | 303871 |
|  \* | Shining Building Business Co. Ltd. | 145000 | 48150 |
|  | Shinkong Insurance Co. Ltd. | 86000 | 287197 |
|  | Shinkong Synthetic Fibers Corp. | 451000 | 176337 |
|  | Shinkong Textile Co. Ltd. | 36000 | 46339 |
|  | Shiny Brands Group Co. Ltd. | 11000 | 45512 |

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Shiny Chemical Industrial Co. Ltd. | 42500 | $177033 |
|  | Shuttle, Inc. | 108000 | 56868 |
|  | Sigurd Microelectronics Corp. | 171000 | 387499 |
|  | Silergy Corp. | 48000 | 605102 |
|  | Silicon Integrated Systems Corp. | 123785 | 188671 |
|  \* | Silicon Optronics, Inc. | 5000 | 8998 |
|  | Silicon Power Computer & Communications, Inc. | 19000 | 15067 |
|  | Simplo Technology Co. Ltd. | 34000 | 372159 |
|  | Sinbon Electronics Co. Ltd. | 64000 | 445905 |
|  | Sincere Navigation Corp. | 131000 | 95105 |
|  | Singatron Enterprise Co. Ltd. | 42000 | 31270 |
|  | Sinmag Equipment Corp. | 12000 | 55479 |
|  \* | Sino Tactful Co. Ltd. | 27000 | 24937 |
|  | Sino-American Silicon Products, Inc. | 162000 | 561597 |
|  | Sinon Corp. | 140000 | 175621 |
|  | SinoPac Financial Holdings Co. Ltd. | 2142666 | 1431778 |
|  | Sinopower Semiconductor, Inc. | 6000 | 17185 |
|  | Sinphar Pharmaceutical Co. Ltd. | 56160 | 55817 |
|  | Sinyi Realty, Inc. | 88000 | 76867 |
|  | Sirtec International Co. Ltd. | 36000 | 32625 |
|  | Sitronix Technology Corp. | 44000 | 291562 |
|  | Siward Crystal Technology Co. Ltd. | 54000 | 35415 |
|  | Soft-World International Corp. | 19000 | 59434 |
|  | Solar Applied Materials Technology Corp. | 210000 | 346806 |
|  | Solteam, Inc. | 26465 | 39979 |
|  \* | Solytech Enterprise Corp. | 46000 | 15565 |
|  | Song Shang Electronics Co. Ltd. | 27000 | 22389 |
|  | Sonix Technology Co. Ltd. | 45000 | 49060 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Southeast Cement Co. Ltd. | 52000 | $30034 |
|  | Speed Tech Corp. | 33000 | 42606 |
|  | Sporton International, Inc. | 30650 | 160740 |
|  | Sports Gear Co. Ltd. | 16000 | 58149 |
|  | St. Shine Optical Co. Ltd. | 19000 | 102316 |
|  | Standard Chemical & Pharmaceutical Co. Ltd. | 29000 | 52909 |
|  | Standard Foods Corp. | 158000 | 166710 |
|  | Stark Technology, Inc. | 36000 | 165012 |
|  \* | Starlux Airlines Co. Ltd. | 156000 | 118351 |
|  # | S-Tech Corp. | 70390 | 63868 |
|  | Sun Max Tech Ltd. | 15000 | 21885 |
|  \* | Sun Yad Construction Co. Ltd. | 86007 | 39372 |
|  | Sunflex Tech Co. Ltd. | 23283 | 16744 |
|  | Sunfun Info Co. Ltd. | 26960 | 24764 |
|  | Sunjuice Holdings Co. Ltd. | 7000 | 26705 |
|  \* | Sunko INK Co. Ltd. | 69000 | 25752 |
|  | SunMax Biotechnology Co. Ltd. | 8000 | 118179 |
|  | Sunny Friend Environmental Technology Co. Ltd. | 37119 | 91302 |
|  | Sunonwealth Electric Machine Industry Co. Ltd. | 82000 | 222366 |
|  | Sunplus Innovation Technology, Inc. | 9000 | 35997 |
|  \* | Sunplus Technology Co. Ltd. | 139000 | 93303 |
|  | Sunrex Technology Corp. | 56000 | 92170 |
|  # | Sunspring Metal Corp. | 66000 | 54534 |
|  | Superalloy Industrial Co. Ltd. | 70000 | 136029 |
|  | Superior Plating Technology Co. Ltd. | 7000 | 11812 |
|  | Supreme Electronics Co. Ltd. | 195693 | 311868 |
|  | Swancor Holding Co. Ltd. | 20000 | 46384 |
|  | Sweeten Real Estate Development Co. Ltd. | 42930 | 41871 |
|  | Symtek Automation Asia Co. Ltd. | 26421 | 128169 |

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Syncmold Enterprise Corp. | 49000 | $122257 |
|  | Synmosa Biopharma Corp. | 100323 | 101365 |
|  | Synnex Technology International Corp. | 238000 | 528012 |
|  | Syn-Tech Chem & Pharm Co. Ltd. | 4000 | 11663 |
|  | Syscom Computer Engineering Co. | 26000 | 51857 |
|  # | Sysgration | 31000 | 35574 |
|  | Systex Corp. | 57000 | 215387 |
|  | T3EX Global Holdings Corp. | 44000 | 97353 |
|  | TA Chen Stainless Pipe | 325116 | 427318 |
|  | Ta Ya Electric Wire & Cable | 249046 | 279068 |
|  | Tah Hsin Industrial Corp. | 5720 | 11733 |
|  | TA-I Technology Co. Ltd. | 30000 | 43868 |
|  \* | Tai Tung Communication Co. Ltd. | 69192 | 45423 |
|  | Taichung Commercial Bank Co. Ltd. | 677762 | 420348 |
|  | TaiDoc Technology Corp. | 21000 | 88001 |
|  # | Taiflex Scientific Co. Ltd. | 92769 | 129624 |
|  | Taimide Tech, Inc. | 45000 | 71552 |
|  | Tainan Enterprises Co. Ltd. | 22000 | 20671 |
|  # | Tainan Spinning Co. Ltd. | 439000 | 165318 |
|  \* | Tainergy Tech Co. Ltd. | 69000 | 21639 |
|  | Tai-Saw Technology Co. Ltd. | 16000 | 9871 |
|  # | Taishin Financial Holding Co. Ltd. | 1342076 | 701328 |
|  | TaiSol Electronics Co. Ltd. | 24000 | 37211 |
|  \* | Taisun Enterprise Co. Ltd. | 60000 | 38801 |
|  | TAI-TECH Advanced Electronics Co. Ltd. | 26000 | 77330 |
|  | Taiwan Business Bank | 1284008 | 568672 |
|  | Taiwan Chinsan Electronic Industrial Co. Ltd. | 25000 | 24370 |
|  # | Taiwan Cogeneration Corp. | 168301 | 215053 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Taiwan Cooperative Financial Holding Co. Ltd. | 1283754 | $980492 |
|  | Taiwan FamilyMart Co. Ltd. | 15000 | 97490 |
|  | Taiwan Fertilizer Co. Ltd. | 262000 | 420254 |
|  | Taiwan Fire & Marine Insurance Co. Ltd. | 93000 | 99925 |
|  | Taiwan Fructose Co. Ltd. | 26500 | 12546 |
|  | Taiwan FU Hsing Industrial Co. Ltd. | 55000 | 81612 |
|  #\* | Taiwan Glass Industry Corp. | 365000 | 160631 |
|  | Taiwan High Speed Rail Corp. | 321000 | 272517 |
|  | Taiwan Hon Chuan Enterprise Co. Ltd. | 114757 | 555387 |
|  | Taiwan Hopax Chemicals Manufacturing Co. Ltd. | 62294 | 62116 |
|  \* | Taiwan IC Packaging Corp. | 41000 | 16807 |
|  | Taiwan Line Tek Electronic | 14420 | 9632 |
|  # | Taiwan Mask Corp. | 64000 | 62509 |
|  | Taiwan Mobile Co. Ltd. | 473000 | 1679389 |
|  | Taiwan Navigation Co. Ltd. | 82000 | 70936 |
|  | Taiwan Optical Platform Co. Ltd. | 5000 | 12542 |
|  | Taiwan Paiho Ltd. | 102000 | 186353 |
|  | Taiwan PCB Techvest Co. Ltd. | 106000 | 99735 |
|  | Taiwan Sakura Corp. | 56000 | 154527 |
|  | Taiwan Sanyo Electric Co. Ltd. | 43000 | 51040 |
|  | Taiwan Secom Co. Ltd. | 85000 | 305027 |
|  | Taiwan Semiconductor Co. Ltd. | 78000 | 113486 |
|  | Taiwan Semiconductor Manufacturing Co. Ltd. (2330 TT) | 3032000 | 85910359 |
|  | Taiwan Shin Kong Security Co. Ltd. | 83000 | 106244 |
|  | Taiwan Speciality Chemicals Corp. | 5000 | 27614 |
|  | Taiwan Steel Union Co. Ltd. | 7000 | 22687 |

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  \* | Taiwan Styrene Monomer | 120000 | $33813 |
|  | Taiwan Surface Mounting Technology Corp. | 117000 | 374916 |
|  | Taiwan Takisawa Technology Co. Ltd. | 10000 | 16637 |
|  | Taiwan Taxi Co. Ltd. | 16000 | 67192 |
|  \* | Taiwan TEA Corp. | 196000 | 100518 |
|  # | Taiwan Union Technology Corp. | 90000 | 383914 |
|  | Taiwan-Asia Semiconductor Corp. | 160000 | 108991 |
|  | Taiyen Biotech Co. Ltd. | 27000 | 26549 |
|  \* | Tang Eng Iron Works Co. Ltd. | 20000 | 19489 |
|  #\* | Tatung Co. Ltd. | 431000 | 548082 |
|  | Tatung System Technologies, Inc. | 8000 | 18728 |
|  \* | TBI Motion Technology Co. Ltd. | 15000 | 18727 |
|  | TCC Group Holdings Co. Ltd. | 834076 | 775113 |
|  | TCI Co. Ltd. | 44000 | 204587 |
|  | Te Chang Construction Co. Ltd. | 28000 | 50139 |
|  | Team Group, Inc. | 21000 | 48224 |
|  | Teco Electric & Machinery Co. Ltd. | 220000 | 337151 |
|  | Tehmag Foods Corp. | 8000 | 75694 |
|  | Test Research, Inc. | 60000 | 201109 |
|  | Test Rite International Co. Ltd. | 31000 | 19761 |
|  | Thermaltake Technology Co. Ltd. | 12000 | 10395 |
|  # | Thinking Electronic Industrial Co. Ltd. | 29000 | 116063 |
|  | Thye Ming Industrial Co. Ltd. | 40000 | 89703 |
|  | Tofu Restaurant Co. Ltd. | 2000 | 13626 |
|  | Ton Yi Industrial Corp. | 329000 | 186297 |
|  | Tong Hsing Electronic Industries Ltd. | 78970 | 261745 |
|  | Tong Yang Industry Co. Ltd. | 68000 | 279800 |
|  | Tong-Tai Machine & Tool Co. Ltd. | 71000 | 55523 |
|  | Top Union Electronics Corp. | 31275 | 31911 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Topco Scientific Co. Ltd. | 66780 | $512980 |
|  | Topco Technologies Corp. | 10000 | 20220 |
|  | Topkey Corp. | 26000 | 147649 |
|  | Topoint Technology Co. Ltd. | 35000 | 29427 |
|  | Toung Loong Textile Manufacturing | 15000 | 8105 |
|  #\* | TPK Holding Co. Ltd. | 148000 | 142378 |
|  | Trade-Van Information Services Co. | 6000 | 16562 |
|  # | Transcend Information, Inc. | 68000 | 213740 |
|  | Transcom, Inc. | 28350 | 92559 |
|  | Triocean Industrial Corp. Co. Ltd. | 6000 | 18901 |
|  | Tripod Technology Corp. | 90000 | 519636 |
|  | Trusval Technology Co. Ltd. | 6304 | 36909 |
|  | Tsang Yow Industrial Co. Ltd. | 13000 | 9870 |
|  | Tsann Kuen Enterprise Co. Ltd. | 18419 | 15342 |
|  | TSC Auto ID Technology Co. Ltd. | 8498 | 49228 |
|  # | TSEC Corp. | 85000 | 41656 |
|  | TSRC Corp. | 204000 | 119614 |
|  | Ttet Union Corp. | 7000 | 33070 |
|  | TTFB Co. Ltd. | 10189 | 62347 |
|  | TTY Biopharm Co. Ltd. | 86000 | 207532 |
|  \* | Tul Corp. | 19000 | 35513 |
|  | Tung Ho Steel Enterprise Corp. | 224000 | 452367 |
|  # | Tung Thih Electronic Co. Ltd. | 30000 | 62606 |
|  # | TURVO International Co. Ltd. | 16000 | 87285 |
|  # | TXC Corp. | 127000 | 352792 |
|  # | TYC Brother Industrial Co. Ltd. | 66000 | 99914 |
|  | Tycoons Group Enterprise | 54115 | 13863 |
|  | Tyntek Corp. | 79000 | 39396 |
|  # | TZE Shin International Co. Ltd. | 27000 | 16892 |
|  \* | U-BEST Innovative Technology Co. Ltd. | 36000 | 16672 |
|  | Ubright Optronics Corp. | 12000 | 30567 |
|  | UDE Corp. | 28000 | 71747 |
|  | Ultra Chip, Inc. | 19000 | 34669 |

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**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | U-Ming Marine Transport Corp. | 204000 | $335037 |
|  | Unic Technology Corp. | 25000 | 23001 |
|  | Unimicron Technology Corp. | 381000 | 1123975 |
|  | Union Bank of Taiwan | 350967 | 182637 |
|  \* | Union Insurance Co. Ltd. | 22000 | 19922 |
|  \* | Uniplus Electronics Co. Ltd. | 37000 | 20257 |
|  | Uni-President Enterprises Corp. | 1018000 | 2446420 |
|  | Unitech Computer Co. Ltd. | 13000 | 15654 |
|  #\* | Unitech Printed Circuit Board Corp. | 246772 | 186871 |
|  \* | United Alloy-Tech Co. | 16000 | 23244 |
|  | United Integrated Services Co. Ltd. | 52000 | 717468 |
|  # | United Microelectronics Corp. (2303 TT) | 1731000 | 2429027 |
|  | United Orthopedic Corp. | 31000 | 86647 |
|  | United Radiant Technology | 17000 | 11672 |
|  | United Recommend International Co. Ltd. | 11900 | 17760 |
|  \* | United Renewable Energy Co. Ltd. | 567000 | 152509 |
|  | Univacco Technology, Inc. | 30000 | 46181 |
|  | Universal Cement Corp. | 162832 | 142534 |
|  | Universal Microwave Technology, Inc. | 9000 | 107008 |
|  | Universal Vision Biotechnology Co. Ltd. | 21798 | 121975 |
|  | Universal, Inc. | 9000 | 8035 |
|  | UPC Technology Corp. | 264000 | 68786 |
|  | UPI Semiconductor Corp. | 27000 | 155215 |
|  | Userjoy Technology Co. Ltd. | 18165 | 53427 |
|  | USI Corp. | 277000 | 88523 |
|  \* | Usun Technology Co. Ltd. | 11000 | 13153 |
|  | Utechzone Co. Ltd. | 15000 | 43627 |
|  | UVAT Technology Co. Ltd. | 17000 | 39801 |
|  | Value Valves Co. Ltd. | 12000 | 32120 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Vanguard International Semiconductor Corp. | 202133 | $570624 |
|  | Ventec International Group Co. Ltd. | 23000 | 48894 |
|  | VIA Labs, Inc. | 13000 | 37901 |
|  | Via Technologies, Inc. . | 63000 | 142997 |
|  | Viking Tech Corp. | 26000 | 25642 |
|  | Visco Vision, Inc. | 17000 | 87511 |
|  | VisEra Technologies Co. Ltd. | 24000 | 152284 |
|  # | Visual Photonics Epitaxy Co. Ltd. | 48000 | 149865 |
|  | Vivotek, Inc. | 13000 | 47670 |
|  | Vizionfocus, Inc. | 13000 | 81769 |
|  | Voltronic Power Technology Corp. | 14000 | 656477 |
|  | VSO Electronics Co. Ltd. | 5000 | 17687 |
|  | Wafer Works Corp. | 190507 | 120036 |
|  | Waffer Technology Corp. | 48027 | 75159 |
|  | Wah Hong Industrial Corp. | 36000 | 37373 |
|  | Wah Lee Industrial Corp. | 64000 | 190527 |
|  | Walsin Lihwa Corp. | 536442 | 347511 |
|  | Walsin Technology Corp. | 121000 | 297280 |
|  | Walton Advanced Engineering, Inc. | 109000 | 41949 |
|  # | Wan Hai Lines Ltd. | 131400 | 341531 |
|  \* | We & Win Development Co. Ltd. | 73000 | 24278 |
|  \* | We & Win Diversification Co. Ltd. | 47000 | 32480 |
|  | WEI Chih Steel Industrial Co. Ltd. | 49000 | 28030 |
|  | Wei Chuan Foods Corp. | 99000 | 50346 |
|  # | Weikeng Industrial Co. Ltd. | 185000 | 189840 |
|  | Well Shin Technology Co. Ltd. | 37000 | 67523 |
|  | Welldone Co. | 19000 | 29852 |
|  | Weltrend Semiconductor | 41000 | 58115 |
|  | Wholetech System Hitech Ltd. | 18000 | 48844 |
|  #\* | Win Semiconductors Corp. | 147000 | 416806 |
|  #\* | Winbond Electronics Corp. | 642913 | 318692 |

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Winmate, Inc. | 12000 | $51275 |
|  | Winstek Semiconductor Co. Ltd. | 27000 | 76303 |
|  | WinWay Technology Co. Ltd. | 4000 | 106247 |
|  # | Wisdom Marine Lines Co. Ltd. | 174000 | 329163 |
|  | Wiselink Co. Ltd. | 14650 | 43063 |
|  # | Wistron Corp. | 366000 | 1174405 |
|  | Wistron NeWeb Corp. | 85647 | 337770 |
|  | WITS Corp. | 19659 | 61500 |
|  | Wiwynn Corp. | 23000 | 1384169 |
|  | Wonderful Hi-Tech Co. Ltd. | 36000 | 41181 |
|  | Wowprime Corp. | 41293 | 287277 |
|  | WPG Holdings Ltd. | 303000 | 641931 |
|  | WT Microelectronics Co. Ltd. | 128641 | 471221 |
|  | WUS Printed Circuit Co. Ltd. | 49000 | 59319 |
|  # | XinTec, Inc. | 45000 | 188710 |
|  | X-Legend Entertainment Co. Ltd. | 7000 | 21148 |
|  | Xxentria Technology Materials Corp. | 59675 | 94776 |
|  | Ya Horng Electronic Co. Ltd. | 15000 | 27841 |
|  | Yageo Corp. | 72792 | 1043705 |
|  | Yang Ming Marine Transport Corp. | 340000 | 726402 |
|  # | Yankey Engineering Co. Ltd. | 17917 | 226132 |
|  | YC INOX Co. Ltd. | 146858 | 97747 |
|  | YCC Parts Manufacturing Co. Ltd. | 11000 | 18144 |
|  | Yea Shin International Development Co. Ltd. | 87933 | 93594 |
|  | Yem Chio Co. Ltd. | 159000 | 80217 |
|  | Yen Sun Technology Corp. | 14000 | 18406 |
|  \* | Yeong Guan Energy Technology Group Co. Ltd. | 46799 | 42942 |
|  | YFC-Boneagle Electric Co. Ltd. | 39000 | 26847 |
|  # | YFY, Inc. | 409000 | 333981 |
|  | Yi Jinn Industrial Co. Ltd. | 66150 | 35240 |
|  | Yieh Phui Enterprise Co. Ltd. | 356892 | 176544 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Young Fast Optoelectronics Co. Ltd. | 26000 | $41061 |
|  | Youngtek Electronics Corp. | 54000 | 104297 |
|  | Yuan High-Tech Development Co. Ltd. | 3000 | 13388 |
|  | Yuanta Financial Holding Co. Ltd. | 1246808 | 1221573 |
|  | Yuanta Futures Co. Ltd. | 38979 | 100270 |
|  | Yuen Chang Stainless Steel Co. Ltd. | 19000 | 9652 |
|  | Yuen Foong Yu Consumer Products Co. Ltd. | 33000 | 42602 |
|  | Yulon Finance Corp. | 94308 | 318621 |
|  # | Yulon Motor Co. Ltd. | 245864 | 302812 |
|  | Yung Chi Paint & Varnish Manufacturing Co. Ltd. | 6000 | 14135 |
|  | Yungshin Construction & Development Co. Ltd. | 16000 | 62159 |
|  | YungShin Global Holding Corp. | 67000 | 137415 |
|  | Yusin Holding Corp. | 13286 | 45151 |
|  | Zeng Hsing Industrial Co. Ltd. | 18669 | 58128 |
|  | Zenitron Corp. | 61000 | 60677 |
|  | Zero One Technology Co. Ltd. | 55579 | 218704 |
|  | Zhen Ding Technology Holding Ltd. | 205000 | 627999 |
|  \* | Zhong Yang Technology Co. Ltd. | 16000 | 17057 |
|  \* | Zig Sheng Industrial Co. Ltd. | 124000 | 37201 |
|  | ZillTek Technology Corp. | 7000 | 47760 |
|  \* | Zinwell Corp. | 73000 | 27003 |
|  | Zippy Technology Corp. | 33000 | 54915 |
|  | Zyxel Group Corp. | 102895 | 96848 |
|  TOTAL TAIWAN | TOTAL TAIWAN | TOTAL TAIWAN | 278998449 |
|  THAILAND — (1.9%) | THAILAND — (1.9%) |  |  |
|  | AAPICO Hitech PCL (AH/F TB) | 46400 | 16668 |
|  \* | Absolute Clean Energy PCL | 547400 | 21794 |

---

768

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | Advanced Info Service PCL | 92600 | $817752 |
|  | Advanced Information Technology PCL, Class F | 299050 | 37062 |
|  | AEON Thana Sinsap Thailand PCL | 38100 | 120328 |
|  | After You PCL | 121000 | 32600 |
|  | Allianz Ayudhya Capital PCL | 9200 | 9157 |
|  | Amata Corp. PCL | 239300 | 106021 |
|  | AP Thailand PCL | 1145700 | 274378 |
|  | Asia Plus Group Holdings PCL | 335500 | 19384 |
|  | Asian Alliance International PCL | 211400 | 27212 |
|  | Asian Insulators PCL | 64800 | 6518 |
|  | Asian Sea Corp. PCL | 117700 | 27130 |
|  | Asset World Corp. PCL | 1427700 | 94026 |
|  \* | Assetwise PCL | 38500 | 7319 |
|  | B Grimm Power PCL | 214600 | 72593 |
|  | Bangchak Corp. PCL | 312500 | 334437 |
|  | Bangchak Sriracha PCL | 280900 | 44147 |
|  | Bangkok Airways PCL | 91000 | 43586 |
|  | Bangkok Aviation Fuel Services PCL | 29700 | 6890 |
|  | Bangkok Bank PCL (BBLF TB) | 165300 | 692771 |
|  # | Bangkok Chain Hospital PCL | 155500 | 70290 |
|  | Bangkok Commercial Asset Management PCL | 707146 | 134422 |
|  | Bangkok Dusit Medical Services PCL, Class F | 1095200 | 786852 |
|  # | Bangkok Expressway & Metro PCL | 969800 | 171286 |
|  | Bangkok Land PCL | 4188000 | 51402 |
|  | Bangkok Life Assurance PCL, NVDR | 48900 | 24593 |
|  | Banpu PCL | 1578700 | 203215 |
|  | Banpu Power PCL | 193006 | 39867 |
|  | BCPG PCL | 296200 | 60739 |
|  | BEC World PCL | 300000 | 36282 |
|  # | Berli Jucker PCL | 248300 | 176906 |
|  | Betagro PCL | 148100 | 105073 |
|  \* | Beyond Securities PCL | 1342000 | 15266 |
|  | BKI Holdings PCL | 19100 | 161239 |
|  | Bluebik Group PCL | 43500 | 37438 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  \* | Bound & Beyond PCL | 54600 | $12422 |
|  | Brooker Group PCL | 2067800 | 22903 |
|  \* | BTS Group Holdings PCL | 1198000 | 181108 |
|  | Bumrungrad Hospital PCL | 78800 | 389223 |
|  # | Cal-Comp Electronics Thailand PCL, Class F | 298987 | 53255 |
|  | Carabao Group PCL | 49900 | 93362 |
|  | Central Pattana PCL | 199800 | 303543 |
|  | Central Plaza Hotel PCL | 69300 | 51864 |
|  | Central Retail Corp. PCL | 368100 | 261158 |
|  | CH Karnchang PCL | 378200 | 163032 |
|  | Charoen Pokphand Foods PCL | 432000 | 342703 |
|  # | Chularat Hospital PCL | 1679600 | 89498 |
|  | CK Power PCL | 471600 | 38118 |
|  | Com7 PCL | 202700 | 125000 |
|  \* | Country Group Development PCL | 1753500 | 10498 |
|  | CP ALL PCL | 511000 | 787801 |
|  | CP Axtra PCL | 167482 | 126595 |
|  | Delta Electronics Thailand PCL | 207600 | 609035 |
|  \* | Demco PCL | 163000 | 7954 |
|  | Dhipaya Group Holdings PCL | 225400 | 130227 |
|  | Diamond Building Products PCL | 45400 | 7883 |
|  | Dohome PCL | 12456 | 2014 |
|  | Don Muang Tollway PCL | 212400 | 64219 |
|  \* | Dusit Thani PCL | 30800 | 7284 |
|  # | Dynasty Ceramic PCL | 928200 | 43347 |
|  | Eastern Polymer Group PCL | 330500 | 26317 |
|  | Ekachai Medical Care PCL | 86100 | 16109 |
|  | Electricity Generating PCL | 32400 | 100871 |
|  #\* | Energy Absolute PCL | 1055600 | 68888 |
|  # | Erawan Group PCL | 987300 | 67386 |
|  | Forth Corp. PCL | 68100 | 19163 |
|  | Forth Smart Service PCL | 73000 | 14205 |
|  | Fortune Parts Industry PCL | 107900 | 5200 |
|  | Frasers Property Thailand PCL | 68900 | 13510 |
|  | GFPT PCL | 168400 | 50916 |

---

769

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | Global Green Chemicals PCL | 58600 | $7964 |
|  | Global Power Synergy PCL | 68300 | 63894 |
|  \* | Gulf Development PCL | 215115 | 315541 |
|  # | Gunkul Engineering PCL | 1505200 | 71644 |
|  | Haad Thip PCL | 86000 | 42479 |
|  | Hana Microelectronics PCL | 252600 | 145942 |
|  | Heng Leasing & Capital PCL | 461200 | 14082 |
|  | Home Product Center PCL | 1000500 | 254580 |
|  | Ichitan Group PCL | 212200 | 76228 |
|  | Index Livingmall PCL | 68700 | 28998 |
|  | Indorama Ventures PCL | 158400 | 90094 |
|  # | IRPC PCL | 4865400 | 126715 |
|  # | I-TAIL Corp. PCL | 112300 | 43367 |
|  \* | Italian-Thai Development PCL | 241200 | 2022 |
|  #\* | Jasmine International PCL | 1105341 | 50295 |
|  \* | Jasmine Technology Solution PCL | 45100 | 55017 |
|  # | Jaymart Group Holdings PCL | 233300 | 59713 |
|  # | JMT Network Services PCL | 234000 | 96668 |
|  | Karmarts PCL | 119400 | 33956 |
|  | Kasikornbank PCL (KBANKF TB) | 46300 | 221070 |
|  | KCE Electronics PCL | 265000 | 138033 |
|  | KGI Securities Thailand PCL | 445900 | 52592 |
|  # | Khon Kaen Sugar Industry PCL | 673500 | 30646 |
|  | Khonburi Sugar PCL | 64800 | 10087 |
|  | Kiatnakin Phatra Bank PCL | 48700 | 72893 |
|  | Krung Thai Bank PCL | 458700 | 299346 |
|  | Krungthai Card PCL | 128400 | 178734 |
|  | Lalin Property PCL | 77200 | 11555 |
|  | Land & Houses PCL (LHF TB) | 1082100 | 137348 |
|  | Lanna Resources PCL | 50800 | 23267 |
|  | LH Financial Group PCL | 1283700 | 29974 |
|  | Loxley PCL | 153300 | 4773 |
|  | LPN Development PCL | 615700 | 37231 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | Major Cineplex Group PCL | 164600 | $49028 |
|  | Master Style PcL | 37500 | 23462 |
|  | MBK PCL | 185508 | 85521 |
|  | MC Group PCL | 185600 | 56116 |
|  | MCS Steel PCL | 99900 | 23177 |
|  # | Mega Lifesciences PCL | 134800 | 122069 |
|  | Minor International PCL | 665800 | 533158 |
|  | MK Restaurants Group PCL | 133200 | 75761 |
|  \* | Mono Next PCL | 616500 | 30451 |
|  | Moshi Moshi Retail Corp. PLC | 34900 | 44402 |
|  | Muangthai Capital PCL | 107500 | 144814 |
|  | Namyong Terminal PCL | 111900 | 11523 |
|  | Netbay PCL | 28600 | 17294 |
|  | Ngern Tid Lor PCL | 264134 | 94884 |
|  | Noble Development PCL | 326100 | 20696 |
|  | Northeast Rubber PCL | 595200 | 73053 |
|  | NSL Foods PCL | 23300 | 23192 |
|  # | Origin Property PCL | 343300 | 20246 |
|  | Osotspa PCL | 245200 | 115976 |
|  # | Plan B Media PCL | 669788 | 96243 |
|  \* | Platinum Group PCL, Class F | 364500 | 15276 |
|  | Polyplex Thailand PCL | 90100 | 29400 |
|  | Praram 9 Hospital PCL | 126000 | 94297 |
|  | Precious Shipping PCL | 455100 | 80380 |
|  | Premier Marketing PCL | 69400 | 22022 |
|  | Prima Marine PCL | 451800 | 80473 |
|  | Property Perfect PCL | 1293915 | 4261 |
|  | Pruksa Holding PCL | 327300 | 47030 |
|  | PTG Energy PCL | 397500 | 83891 |
|  | PTT Exploration & Production PCL | 282200 | 840560 |
|  # | PTT Global Chemical PCL | 388500 | 201199 |
|  # | PTT Oil & Retail Business PCL | 398000 | 172759 |
|  | PTT PCL | 1672700 | 1552274 |
|  | Quality Houses PCL | 2244400 | 100781 |
|  | Rajthanee Hospital PCL | 69700 | 27542 |
|  | Ramkhamhaeng Hospital PCL | 33900 | 18368 |
|  # | Ratch Group PCL | 172100 | 135238 |

---

770

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | Ratchaphruek Hospital PCL | 55300 | $9105 |
|  | Ratchthani Leasing PCL | 1108490 | 48780 |
|  | Regional Container Lines PCL | 181400 | 124354 |
|  | Rojana Industrial Park PCL | 343900 | 60225 |
|  | S Hotels & Resorts PCL | 530133 | 26979 |
|  | Sabina PCL | 23100 | 12931 |
|  | Saha-Union PCL | 31400 | 27024 |
|  | Saksiam Leasing PCL | 254300 | 29537 |
|  \* | Samart Corp. PCL | 167000 | 34745 |
|  | Sansiri PCL | 5098800 | 212164 |
|  # | Sappe PCL | 40400 | 42631 |
|  | SC Asset Corp. PCL | 963600 | 66923 |
|  | SCB X PCL | 81600 | 290687 |
|  †† | SCG Ceramics PCL | 288200 | 1639 |
|  | SCG Packaging PCL | 233300 | 98474 |
|  # | SCGJWD Logistics PCL | 96500 | 22821 |
|  | Sermsang Power Corp. Co. Ltd. | 118666 | 17051 |
|  | Siam Cement PCL | 86100 | 412393 |
|  | Siam Global House PCL | 260138 | 54901 |
|  | Siam Wellness Group PCL | 285450 | 32813 |
|  | Siamgas & Petrochemicals PCL **.** | 162300 | 33767 |
|  | Sikarin PCL, Class F | 109200 | 22229 |
|  \* | Singer Thailand PCL | 167600 | 32361 |
|  | Singha Estate PCL | 408100 | 8430 |
|  | SiS Distribution Thailand PCL | 15500 | 10347 |
|  | SISB PCL | 87000 | 48181 |
|  \* | SKY ICT PCL | 92200 | 40849 |
|  | Somboon Advance Technology PCL | 79300 | 27537 |
|  | SPCG PCL | 143200 | 33866 |
|  # | Sri Trang Agro-Industry PCL | 330100 | 133404 |
|  | Sri Trang Gloves Thailand PCL | 427900 | 88385 |
|  # | Srinanaporn Marketing PCL | 148700 | 54307 |
|  | Srisawad Capital 1969 PCL, Class F | 517528 | 24013 |
|  | Srisawad Corp. PCL | 170150 | 155353 |
|  | Srivichai Vejvivat PCL | 49900 | 10457 |
|  | Star Petroleum Refining PCL | 690300 | 112622 |
|  #\* | Stecon Group PCL | 239400 | 52674 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  \* | STP & I PCL | 430579 | $32224 |
|  # | Supalai PCL | 441000 | 208586 |
|  \* | Super Energy Corp. PCL | 8310300 | 34828 |
|  | Susco PCL | 298200 | 24459 |
|  | SVI PCL | 142800 | 33557 |
|  | Syntec Construction PCL | 243200 | 11503 |
|  | TAC Consumer PCL | 207600 | 28587 |
|  # | Taokaenoi Food & Marketing PCL, Class F | 175400 | 38855 |
|  | Thai Life Insurance PCL | 261200 | 96176 |
|  | Thai Oil PCL | 301279 | 241258 |
|  | Thai Stanley Electric PCL (STANLY/F TB), Class F | 8200 | 53513 |
|  # | Thai Union Group PCL | 477500 | 154378 |
|  | Thai Vegetable Oil PCL | 142120 | 96576 |
|  #\* | Thaicom PCL | 142100 | 38710 |
|  # | Thaifoods Group PCL | 695300 | 111356 |
|  | Thanachart Capital PCL | 47000 | 67183 |
|  \* | Thonburi Healthcare Group PCL | 124200 | 36065 |
|  | Thoresen Thai Agencies PCL | 682400 | 84164 |
|  | Tipco Asphalt PCL (TASCO/F TB) | 199700 | 89672 |
|  # | Tisco Financial Group PCL (TISCO/F TB) | 54400 | 160000 |
|  | TKS Technologies PCL | 84500 | 14292 |
|  | TMBThanachart Bank PCL | 2322274 | 127219 |
|  | TOA Paint Thailand PCL | 229500 | 70076 |
|  # | TPI Polene PCL | 2220300 | 62478 |
|  | TPI Polene Power PCL | 1139000 | 71603 |
|  | TQM Alpha PCL | 40000 | 19877 |
|  | Triple i Logistics PCL | 129700 | 18171 |
|  \* | True Corp. PCL | 951090 | 344505 |
|  | TTW PCL | 265400 | 69915 |
|  | Union Auction PCL | 36100 | 7781 |
|  | United Paper PCL | 93800 | 21341 |
|  | Univanich Palm Oil PCL | 247200 | 67711 |
|  | Vanachai Group PCL | 101000 | 6531 |
|  #\* | VGI PCL | 689010 | 47027 |
|  | WHA Corp. PCL | 1140800 | 103135 |

---

771

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | WHA Utilities & Power PCL | 272900 | $27123 |
|  #\* | Xspring Capital PCL | 2797300 | 66991 |
|  TOTAL THAILAND | TOTAL THAILAND | TOTAL THAILAND | 22489204 |
|  TURKEY — (1.1%) | TURKEY — (1.1%) |  |  |
|  | Adel Kalemcilik Ticaret ve Sanayi AS | 17996 | 15662 |
|  | Agesa Hayat ve Emeklilik AS | 14294 | 50017 |
|  | Ahlatci Dogal Gaz Dagitim Enerji VE Yatirim AS | 54473 | 30180 |
|  | Akbank TAS | 500905 | 636510 |
|  | Akcansa Cimento AS | 8691 | 31750 |
|  \* | Akenerji Elektrik Uretim AS | 80154 | 18448 |
|  | Aksa Akrilik Kimya Sanayii AS | 247327 | 61532 |
|  | Aksa Enerji Uretim AS | 62050 | 50277 |
|  \* | Aksigorta AS | 239060 | 37556 |
|  | Alarko Holding AS | 32925 | 78915 |
|  | Albaraka Turk Katilim Bankasi AS | 562031 | 88125 |
|  \* | Alkim Alkali Kimya AS | 46788 | 17865 |
|  | Anadolu Anonim Turk Sigorta Sirketi | 62668 | 142505 |
|  | Anadolu Efes Biracilik Ve Malt Sanayii AS | 25748 | 107082 |
|  | Anadolu Hayat Emeklilik AS | 17273 | 36084 |
|  | Anadolu Isuzu Otomotiv Sanayi Ve Ticaret AS, Class C | 1125 | 1606 |
|  \* | Anel Elektrik Proje Taahhut ve Ticaret AS | 26537 | 11848 |
|  #\* | Arcelik AS | 11284 | 33441 |
|  | ARD Grup Bilisim Teknolojileri AS | 45902 | 30104 |
|  \* | Arsan Tekstil Ticaret ve Sanayi AS | 31215 | 16907 |
|  | Aselsan Elektronik Sanayi Ve Ticaret AS | 75548 | 266146 |
|  | Astor Transformator Enerji Turizm Insaat Ve Petrol Sanayi Ticaret AS | 42628 | 111691 |
|  | Atp Yazilim ve Teknoloji AS | 3819 | 7676 |
|  | Aydem Yenilenebilir Enerji AS | 30439 | 12589 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  | Aygaz AS | 12246 | $40753 |
|  \* | Baticim Bati Anadolu Cimento Sanayii AS | 429398 | 59042 |
|  \* | Bera Holding AS | 245321 | 92856 |
|  | BIM Birlesik Magazalar AS | 24100 | 283133 |
|  \* | Biotrend Cevre VE Enerji Yatirimlari AS | 57833 | 27485 |
|  | Bogazici Beton Sanayi Ve Ticaret AS | 24607 | 14855 |
|  \* | Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret AS | 3049 | 28887 |
|  | Borusan Yatirim ve Pazarlama AS | 382 | 21134 |
|  \* | Bosch Fren Sistemleri Sanayi ve Ticaret AS | 1013 | 17080 |
|  | Brisa Bridgestone Sabanci Sanayi ve Ticaret AS | 10783 | 24367 |
|  | Bursa Cimento Fabrikasi AS | 296334 | 59071 |
|  \* | Can2 Termik AS | 415828 | 17435 |
|  | Celebi Hava Servisi AS | 335 | 21970 |
|  | Cemtas Celik Makina Sanayi Ve Ticaret AS | 73933 | 32649 |
|  | Cimsa Cimento Sanayi VE Ticaret AS | 39883 | 48706 |
|  | Coca-Cola Icecek AS | 102155 | 138623 |
|  | Deva Holding AS | 19448 | 28689 |
|  | Dogan Sirketler Grubu Holding AS | 200388 | 81405 |
|  | Doganlar Mobilya Grubu Imalat Sanayi ve Ticaret AS | 45532 | 7878 |
|  | Dogus Otomotiv Servis ve Ticaret AS | 27837 | 141747 |
|  | Eczacibasi Yatirim |  |  |
|  | Holding Ortakligi AS | 4420 | 19937 |
|  | EGE Endustri VE Ticaret AS | 163 | 37814 |
|  | EGE Gubre Sanayii AS | 12670 | 21718 |
|  | EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS | 43782 | 50031 |
|  W | Enerjisa Enerji AS | 25463 | 35894 |
|  | Enerya Enerji AS | 116426 | 12262 |

---

772

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  # | Enka Insaat ve Sanayi AS | 125992 | $210204 |
|  | Erbosan Erciyas Boru Sanayii ve Ticaret AS | 5739 | 23562 |
|  | Eregli Demir ve Celik Fabrikalari TAS | 314213 | 184512 |
|  | Escar Turizm Tasimacilik Ticaret AS | 19337 | 33670 |
|  \* | Escort Teknoloji Yatirim AS | 99877 | 6378 |
|  \* | Esenboga Elektrik Uretim AS | 47965 | 51422 |
|  | Europap Tezol Kagit Sanayi VE Ticaret AS | 37546 | 14692 |
|  \* | Europen Endustri Insaat Sanayi VE Ticaret AS | 339359 | 47022 |
|  \* | Europower Enerji VE Otomasyon Teknolojileri Sanayi Ticaret AS | 24619 | 16037 |
|  | Ford Otomotiv Sanayi AS | 2655 | 61256 |
|  | GEN Ilac VE Saglik Urunleri Sanayi VE Ticaret AS | 10441 | 34408 |
|  \* | Girsim Elektrik Sanayi Taahut Ve Ticaret AS | 37776 | 39788 |
|  | Global Yatirim Holding AS | 466026 | 89283 |
|  | Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS | 6570 | 65926 |
|  \* | Gozde Girisim Sermayesi Yatirim Ortakligi AS | 104285 | 47053 |
|  | Grainturk Tarim AS | 7309 | 57070 |
|  \* | GSD Holding AS | 286149 | 31268 |
|  \* | Gubre Fabrikalari TAS | 4790 | 34367 |
|  \* | Hektas Ticaret TAS | 346845 | 27942 |
|  \* | Hitit Bilgisayar Hizmetleri AS | 6775 | 7232 |
|  \* | HUN Yenilenebilir Enerji Uretim AS | 99573 | 8886 |
|  \* | Ihlas Holding AS | 515900 | 30757 |
|  | Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS | 160496 | 27856 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  \* | Inveo Yatirim Holding AS | 285 | $44 |
|  \* | Ipek Dogal Enerji Kaynaklari Arastirma Ve Uretim AS | 14896 | 25830 |
|  \* | Is Finansal Kiralama AS | 172678 | 56679 |
|  | Is Yatirim Menkul Degerler AS | 92488 | 86692 |
|  \* | Isiklar Enerji ve Yapi Holding AS | 37841 | 10233 |
|  \* | Izmir Demir Celik Sanayi AS | 310489 | 40349 |
|  | Jantsa Jant Sanayi Ve Ticaret AS | 59641 | 33241 |
|  | Kalekim Kimyevi Maddeler Sanayi ve Ticaret AS | 45847 | 36366 |
|  \* | Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS (KRDMA TI), Class A | 145862 | 147018 |
|  #\* | Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS (KRDMD TI), Class D | 429687 | 260846 |
|  \* | Karel Elektronik Sanayi ve Ticaret AS | 34699 | 7353 |
|  \* | Karsan Otomotiv Sanayii Ve Ticaret AS | 60736 | 16108 |
|  \* | Katmerciler Arac Ustu Ekipman Sanayi ve Ticaret AS | 1017930 | 39266 |
|  \* | Kayseri Seker Fabrikasi AS | 17974 | 8024 |
|  \* | Kerevitas Gida Sanayi ve Ticaret AS | 82055 | 34458 |
|  | Kervan Gida Sanayi Ve Ticaret AS | 411487 | 21514 |
|  | Kiler Holding AS | 12084 | 8054 |
|  # | KOC Holding AS | 97023 | 349325 |
|  | Kocaer Celik Sanayi Ve Ticaret AS | 171326 | 54930 |
|  \* | Konya Cimento Sanayii AS | 106 | 16657 |
|  \* | Kordsa Teknik Tekstil AS | 20633 | 29592 |
|  \* | Koza Anadolu Metal Madencilik Isletmeleri AS | 31291 | 70597 |

---

773

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  | LDR Turizm AS | 5342 | $26749 |
|  | Logo Yazilim Sanayi Ve Ticaret AS | 19489 | 69436 |
|  | Lokman Hekim Engurusag Saglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS | 60806 | 24641 |
|  \* | Margun Enerji Uretim Sanayi VE Ticaret AS | 84667 | 58471 |
|  W | Mavi Giyim Sanayi Ve Ticaret AS, Class B | 200246 | 168621 |
|  #\* | MIA Teknoloji AS | 85082 | 77384 |
|  | Migros Ticaret AS | 5375 | 67027 |
|  \*W | MLP Saglik Hizmetleri AS | 10367 | 88251 |
|  \* | Naturel Yenilenebilir Enerji Ticaret AS | 16173 | 18147 |
|  \* | NET Holding AS | 60396 | 57655 |
|  | Nuh Cimento Sanayi AS | 6838 | 43455 |
|  \* | ODAS Elektrik Uretim ve Sanayi Ticaret AS | 107633 | 13534 |
|  \* | Orge Enerji Elektrik Taahhut AS | 18555 | 47807 |
|  \* | Oyak Cimento Fabrikalari AS | 189465 | 115977 |
|  \* | Oyak Yatirim Menkul Degerler AS | 31633 | 21619 |
|  | Panelsan Cati Cephe Sistemleri Sanayi VE Ticaret AS | 5615 | 4911 |
|  \* | Pegasus Hava Tasimaciligi AS | 56878 | 330788 |
|  \* | Peker Gayrimenkul Yatirim Ortakligi AS | 40494 | 1477 |
|  | Penta Teknoloji Urunleri Dagitim Ticaret AS | 54864 | 18692 |
|  \* | Petkim Petrokimya Holding AS | 211934 | 89320 |
|  | Platform Turizm Tasimacilik Gida Insaat Temizlik Hizmetleri Sanayi VE Ticaret AS | 45883 | 27622 |
|  \* | Polisan Holding AS | 34039 | 13635 |
|  \* | Politeknik Metal Sanayi ve Ticaret AS | 34 | 5575 |
|  \* | Qua Granite Hayal | 184107 | 25450 |
|  \* | Ral Yatirim Holding AS**.** | 30403 | 93146 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  \* | Reysas Tasimacilik ve Lojistik Ticaret AS | 254592 | $97762 |
|  | Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS | 89120 | 43634 |
|  #\* | Sasa Polyester Sanayi AS | 676538 | 74624 |
|  | SDT Uzay VE Savunma Teknolojileri AS | 3676 | 18445 |
|  | Sekerbank Turk AS | 1008762 | 136207 |
|  | Selcuk Ecza Deposu Ticaret ve Sanayi AS | 25263 | 42257 |
|  | Sok Marketler Ticaret AS | 101273 | 99342 |
|  | SUN Tekstil Sanayi Ve Ticaret AS | 17135 | 15783 |
|  | Suwen Tekstil Sanayi Pazarlama AS | 116500 | 32251 |
|  \* | Tapdi Oksijen Ozel Saglik Hizmetleri Sanayi VE Ticaret AS | 11462 | 10043 |
|  \* | TAV Havalimanlari Holding AS | 30678 | 182614 |
|  \* | Tekfen Holding AS | 79020 | 281469 |
|  # | Tofas Turk Otomobil Fabrikasi AS | 17549 | 91776 |
|  \* | Tukas Gida Sanayi ve Ticaret AS | 753227 | 46838 |
|  \* | Tumosan Motor ve Traktor Sanayi AS | 6241 | 13525 |
|  #\* | Turk Altin Isletmeleri AS | 62876 | 40917 |
|  \* | Turk Hava Yollari AO | 115076 | 853855 |
|  \* | Turk Telekomunikasyon AS | 145845 | 199236 |
|  | Turk Traktor ve Ziraat Makineleri AS | 3908 | 61710 |
|  | Turkcell Iletisim Hizmetleri AS | 257358 | 603647 |
|  # | Turkiye Garanti Bankasi AS | 108139 | 290669 |
|  # | Turkiye Is Bankasi AS, Class C | 1465484 | 394575 |
|  # | Turkiye Petrol Rafinerileri AS | 176031 | 572159 |
|  | Turkiye Sigorta AS | 169578 | 77256 |
|  \* | Turkiye Sinai Kalkinma Bankasi AS | 505959 | 138026 |
|  # | Turkiye Sise ve Cam Fabrikalari AS | 161585 | 144369 |

---

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  #\* | Turkiye Vakiflar Bankasi TAO, Class D | 811020 | $439156 |
|  #\* | Ulker Biskuvi Sanayi AS | 59050 | 164227 |
|  \* | Usak Seramik Sanayii AS | 292700 | 46323 |
|  \* | Vakif Finansal Kiralama AS | 766656 | 41597 |
|  | Vestel Beyaz Esya Sanayi ve Ticaret AS | 204646 | 61825 |
|  \* | Vestel Elektronik Sanayi ve Ticaret AS | 79829 | 84152 |
|  \* | Yapi ve Kredi Bankasi AS | 715850 | 425741 |
|  | Yaprak Sut ve Besi Ciftlikleri San. Ve Tic. AS | 726 | 8519 |
|  \* | Yatas Yatak ve Yorgan Sanayi ve Ticaret AS | 50837 | 30725 |
|  \* | Yayla Agro Gida Sanayi VE Nakliyat AS | 127653 | 28849 |
|  \* | YEO Teknoloji Enerji VE Endustri AS | 52844 | 58289 |
|  | Ziraat Gayrimenkul Yatirim Ortakligi AS | 65156 | 41056 |
|  \* | Zorlu Enerji Elektrik Uretim AS | 877680 | 73160 |
|  TOTAL TURKEY | TOTAL TURKEY | TOTAL TURKEY | 13339702 |
|  UNITED ARAB EMIRATES — (2.2%) | UNITED ARAB EMIRATES — (2.2%) |  |  |
|  | Abu Dhabi Aviation Co. | 7431 | 11063 |
|  | Abu Dhabi Commercial Bank PJSC | 345059 | 1093439 |
|  | Abu Dhabi Islamic Bank PJSC | 378584 | 1884882 |
|  | Abu Dhabi National Hotels | 1817606 | 257697 |
|  | Abu Dhabi National Insurance Co. PSC | 48909 | 82190 |
|  | Abu Dhabi National Oil Co. for Distribution PJSC | 664099 | 609421 |
|  \* | Abu Dhabi Ports Co. PJSC | 183260 | 198349 |
|  | Abu Dhabi Ship Building Co. PJSC | 17840 | 29368 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |  |  |
|  | ADNOC Drilling Co. PJSC | 461204 | $615329 |
|  | Agility Global PLC | 604652 | 202220 |
|  | Agthia Group PJSC | 118557 | 145956 |
|  | Air Arabia PJSC | 816494 | 776877 |
|  | Ajman Bank PJSC | 269415 | 110793 |
|  \* | AL Seer Marine Supplies & Equipment Co. LLC | 109265 | 87008 |
|  | Aldar Properties PJSC | 176195 | 396783 |
|  | Alpha Dhabi Holding PJSC | 69244 | 213523 |
|  | Amanat Holdings PJSC | 499460 | 146790 |
|  | Americana Restaurants International PLC - Foreign Co. | 683152 | 420207 |
|  \* | Amlak Finance PJSC | 326202 | 74838 |
|  \* | Apex Investment Co. PSC | 78960 | 84494 |
|  \* | Aramex PJSC | 239934 | 181709 |
|  \* | Bank of Sharjah | 359887 | 89969 |
|  | Burjeel Holdings PLC | 334213 | 137467 |
|  | Dana Gas PJSC | 2181724 | 442568 |
|  | Deyaar Development PJSC | 451753 | 113483 |
|  | Dubai Electricity & Water Authority PJSC | 644535 | 470313 |
|  | Dubai Financial Market PJSC | 762271 | 284405 |
|  | Dubai Investments PJSC | 880240 | 556831 |
|  | Dubai Islamic Bank PJSC | 557125 | 1147840 |
|  | Emaar Development PJSC | 191041 | 696196 |
|  | Emaar Properties PJSC | 1134478 | 4053775 |
|  | Emirates Central Cooling Systems Corp. | 612775 | 269290 |
|  | Emirates Driving Co. | 115541 | 77002 |
|  | Emirates Integrated Telecommunications Co. PJSC | 181259 | 429669 |
|  | Emirates NBD Bank PJSC | 376754 | 2108496 |
|  | Emirates Telecommunications Group Co. PJSC | 356607 | 1689872 |
|  \* | EMSTEEL Building Materials PJSC | 396596 | 125390 |

---

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##### [**Table of Contents**](#toc)
**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |  |
|  \* | Eshraq Investments PJSC | 456097 | $56664 |
|  | Fertiglobe PLC | 343065 | 212275 |
|  | First Abu Dhabi Bank PJSC | 653677 | 2674590 |
|  \* | Ghitha Holding PJSC | 14122 | 68679 |
|  \* | Gulf Navigation Holding PJSC | 43065 | 63247 |
|  \* | Gulf Pharmaceutical Industries PSC | 126729 | 47356 |
|  \* | Manazel PJSC | 471037 | 45269 |
|  \* | Multiply Group PJSC | 1560777 | 917005 |
|  | National Bank of Ras Al-Khaimah PSC | 56205 | 104056 |
|  | National Central Cooling Co. PJSC | 208407 | 149792 |
|  \* | National Corp. for Tourism & Hotels | 78396 | 52058 |
|  | NMDC Group PJSC | 14855 | 101086 |
|  | Palms Sports PrJSC | 4850 | 8547 |
|  \* | Presight AI Holding PLC | 122248 | 64538 |
|  \* | RAK Properties PJSC | 531841 | 184209 |
|  | Ras Al Khaimah Ceramics PJSC | 261574 | 177233 |
|  | Salik Co. PJSC | 405211 | 558302 |
|  | Sharjah Islamic Bank | 291186 | 198214 |
|  \* | Space42 PLC | 290490 | 131284 |
|  | Taaleem Holdings PJSC | 42695 | 42249 |
|  | TECOM Group PJSC | 166981 | 141910 |
|  \* | Union Properties PJSC | 923090 | 143212 |
|  TOTAL UNITED ARAB EMIRATES | TOTAL UNITED ARAB EMIRATES |  | 26457277 |
|  UNITED KINGDOM — (0.1%) | UNITED KINGDOM — (0.1%) |  |  |
|  # | Anglogold Ashanti PLC (AU US) | 17528 | 738980 |
|  UNITED STATES — (0.0%) | UNITED STATES — (0.0%) |  |  |
|  \*W | HUUUGE, Inc. | 3326 | 16214 |
|  TOTAL COMMON STOCKS | TOTAL COMMON STOCKS |  | 1154193781 |
|  PREFERRED STOCKS — (0.9%) | PREFERRED STOCKS — (0.9%) |  |  |
|  BRAZIL — (0.8%) | BRAZIL — (0.8%) |  |  |
|  | Alpargatas SA, 1.438% | 76227 | 99395 |
|  \* | Azul SA | 73700 | 19090 |
|  | Banco ABC Brasil SA, 7.581% | 30406 | 116263 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  W | Banco BMG SA, 10.131% | 75929 | $50975 |
|  | Banco Bradesco SA, 9.775% | 425690 | 1029880 |
|  | Banco do Estado do Rio Grande do Sul SA, 9.502% | 84100 | 170418 |
|  | Banco Mercantil do Brasil SA, 6.310% | 7400 | 46003 |
|  | Banco Pan SA, 3.173% | 116478 | 156189 |
|  | Banco Pine SA, 10.291% | 12548 | 10613 |
|  \* | Braskem SA | 35814 | 67335 |
|  | Centrais Eletricas Brasileiras SA, 4.010% | 25900 | 220110 |
|  | Centrais Eletricas de Santa Catarina SA, 8.134% | 1300 | 18832 |
|  | Cia de Ferro Ligas da Bahia FERBASA, 7.259% | 56800 | 72562 |
|  | Cia De Sanena Do Parana, 5.195% | 249148 | 266921 |
|  | Cia Energetica de Minas Gerais, 10.929% | 334088 | 644611 |
|  | Cia Paranaense de Energia - Copel Class B, 7.077% | 172300 | 350056 |
|  | Energisa SA, 6.888% | 75 | 111 |
|  | Eucatex SA Industria e Comercio, 5.851% | 11500 | 25472 |
|  | Gerdau SA, 5.337% | 38 | 100 |
|  | Isa Energia Brasil SA, 9.841% | 69500 | 293790 |
|  | Itau Unibanco Holding SA, 6.726% | 324610 | 2035122 |
|  | Klabin SA, 3.777% | 3 | 2 |
|  | Marcopolo SA, 8.381% | 235312 | 291904 |
|  | Petroleo Brasileiro SA, 17.822% | 536873 | 2837074 |
|  | Raizen SA, 0.553% | 459026 | 146399 |
|  | Randon SA Implementos e Participacoes, 4.054% | 73400 | 116014 |
|  | Schulz SA, 7.575% | 39876 | 38505 |
|  | Taurus Armas SA, 5.969% | 33277 | 49724 |

---

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  | **Shares** | **Value»** | **Value»** |
| BRAZIL — (Continued) |  |  |  |
| Track & Field Co. SA, 2.041% | 6600 | $| 13432 |
| Unipar Carbocloro SA, 9.231% | 8500 |  | 81733 |
| Usinas Siderurgicas de Minas Gerais SA Usiminas | 189200 |  | 184361 |
| TOTAL BRAZIL | TOTAL BRAZIL |  | 9452996 |
| CHILE — (0.0%) |  |  |  |
| Embotelladora Andina SA, 7.252% | 3475 |  | 14863 |
| Sociedad Quimica y Minera de Chile SA Class B, 0.605% | 4954 |  | 170559 |
| TOTAL CHILE | TOTAL CHILE |  | 185422 |
| COLOMBIA — (0.1%) |  |  |  |
| Grupo Aval Acciones y Valores SA, 3.937% | 909729 |  | 123578 |
| Grupo de Inversiones Suramericana SA, 3.782% | 30411 |  | 271179 |
| TOTAL COLOMBIA | TOTAL COLOMBIA |  | 394757 |
| TOTAL PREFERRED STOCKS |  |  | 10033175 |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| BRAZIL — (0.0%) |  |  |  |
| Banco Pine SA Warrants 12/31/2049 | 24 |  | 3 |
| Diagnosticos da America SA Warrants 04/30/2025 | 357 |  | 0 |
| Minerva SA Rights 05/29/2025 | 37094 |  | 12484 |
| TOTAL BRAZIL | TOTAL BRAZIL |  | 12487 |
| INDIA — (0.0%) |  |  |  |
| Advaita Allied Health Services Rights 05/22/2025 | 1070 |  | 507 |
| Lloyds Engineering Works Ltd. Rights 05/30/2025 | 39653 |  | 10513 |
| TOTAL INDIA | TOTAL INDIA |  | 11020 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (0.0%) | MALAYSIA — (0.0%) |  |  |
|  \* | CAB Cakaran Corp. Bhd. Warrants 05/31/2028 | 20800 | $723 |
|  \* | Supermax Corp. Bhd. Warrants 03/01/2030 | 19788 | 1124 |
|  TOTAL MALAYSIA | TOTAL MALAYSIA | TOTAL MALAYSIA | 1847 |
|  SOUTH KOREA — (0.0%) | SOUTH KOREA — (0.0%) |  |  |
|  \* | Chabiotech Co. Ltd. Rights 06/05/2025 | 1755 | 4235 |
|  \* | Samsung SDI Co. Ltd. Rights 05/22/2025 | 1460 | 35383 |
|  TOTAL SOUTH KOREA | TOTAL SOUTH KOREA | TOTAL SOUTH KOREA | 39618 |
|  THAILAND — (0.0%) | THAILAND — (0.0%) |  |  |
|  \* | Better World Green PCL Warrants 03/13/2026 | 142950 | 0 |
|  \* | Jasmine International PCL Warrants 10/10/2031 | 345121 | 3823 |
|  \* | MBK PCL Rights 05/16/2025 | 18550 | 444 |
|  \* | Northeast Rubber PCL Warrants 05/15/2026 | 73850 | 398 |
|  \* | VGI PCL Warrants 09/03/2025 | 139341 | 3003 |
|  TOTAL THAILAND | TOTAL THAILAND | TOTAL THAILAND | 7668 |
|  TOTAL RIGHTS/WARRANTS | TOTAL RIGHTS/WARRANTS |  | 72640 |
|  TOTAL INVESTMENT SECURITIES (Cost $1,080,160,608) | TOTAL INVESTMENT SECURITIES (Cost $1,080,160,608) |  | 1164299596 |
|  |  |  | **Value†** |
|  SECURITIES LENDING COLLATERAL — (1.2%) | SECURITIES LENDING COLLATERAL — (1.2%) | SECURITIES LENDING COLLATERAL — (1.2%) | SECURITIES LENDING COLLATERAL — (1.2%) |
|  @§ | The DFA Short Term Investment Fund | 1227076 | 14191136 |
|  TOTAL INVESTMENTS — (100.0%) (Cost $1,094,352,906) | TOTAL INVESTMENTS — (100.0%) (Cost $1,094,352,906) |  | $1178490732 |

---

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**EMERGING MARKETS EX CHINA CORE EQUITY PORTFOLIO** 

**CONTINUED** 

As of April 30, 2025, the value of Rule 144A securities amounted to $33,287,375 or 2.9% of net assets.

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 1**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 2**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 3**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total**  |
|  **Assets** |  |  |  |  |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Belgium |  | $477989 |  | $477989 |
| &nbsp;&nbsp;&nbsp;&nbsp; Brazil | $54200398 |  |  | 54200398 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chile | 9390585 |  |  | 9390585 |
| &nbsp;&nbsp;&nbsp;&nbsp; Colombia | 2271306 |  |  | 2271306 |
| &nbsp;&nbsp;&nbsp;&nbsp; Czech Republic |  | 1807354 |  | 1807354 |
| &nbsp;&nbsp;&nbsp;&nbsp; Egypt | 205664 | 87247 |  | 292911 |
| &nbsp;&nbsp;&nbsp;&nbsp; Greece |  | 9243868 |  | 9243868 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hungary |  | 3794992 |  | 3794992 |
| &nbsp;&nbsp;&nbsp;&nbsp; India | 16409974 | 302062115 |  | 318472089 |
| &nbsp;&nbsp;&nbsp;&nbsp; Indonesia | 226682 | 26415244 | $5061 | 26646987 |
| &nbsp;&nbsp;&nbsp;&nbsp; Kuwait |  | 14326089 | 3255 | 14329344 |
| &nbsp;&nbsp;&nbsp;&nbsp; Luxembourg |  | 389470 |  | 389470 |
| &nbsp;&nbsp;&nbsp;&nbsp; Malaysia |  | 24196374 | 17 | 24196391 |
| &nbsp;&nbsp;&nbsp;&nbsp; Mexico | 29695516 | 31947 |  | 29727463 |
| &nbsp;&nbsp;&nbsp;&nbsp; Netherlands |  | 953433 |  | 953433 |
| &nbsp;&nbsp;&nbsp;&nbsp; Peru | 943585 |  |  | 943585 |
| &nbsp;&nbsp;&nbsp;&nbsp; Philippines | 163351 | 9361918 |  | 9525269 |
| &nbsp;&nbsp;&nbsp;&nbsp; Poland |  | 20599140 |  | 20599140 |
| &nbsp;&nbsp;&nbsp;&nbsp; Qatar |  | 12708100 |  | 12708100 |
| &nbsp;&nbsp;&nbsp;&nbsp; Saudi Arabia | 39694 | 58862867 |  | 58902561 |
| &nbsp;&nbsp;&nbsp;&nbsp; South Africa | 6005445 | 44795035 |  | 50800480 |
| &nbsp;&nbsp;&nbsp;&nbsp; South Korea | 4033183 | 158303650 | 38072 | 162374905 |
| &nbsp;&nbsp;&nbsp;&nbsp; Spain |  | 105335 |  | 105335 |
| &nbsp;&nbsp;&nbsp;&nbsp; Taiwan | 763952 | 278234497 |  | 278998449 |
| &nbsp;&nbsp;&nbsp;&nbsp; Thailand | 24593 | 22462972 | 1639 | 22489204 |
| &nbsp;&nbsp;&nbsp;&nbsp; Turkey |  | 13339702 |  | 13339702 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Arab Emirates |  | 26457277 |  | 26457277 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Kingdom | 738980 |  |  | 738980 |
| &nbsp;&nbsp;&nbsp;&nbsp; United States |  | 16214 |  | 16214 |
|  Preferred Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Brazil | 9452996 |  |  | 9452996 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chile | 185422 |  |  | 185422 |
| &nbsp;&nbsp;&nbsp;&nbsp; Colombia | 394757 |  |  | 394757 |
|  Rights/Warrants |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Brazil |  | 12487 |  | 12487 |
| &nbsp;&nbsp;&nbsp;&nbsp; India |  | 11020 |  | 11020 |
| &nbsp;&nbsp;&nbsp;&nbsp; Malaysia |  | 1847 |  | 1847 |
| &nbsp;&nbsp;&nbsp;&nbsp; South Korea |  | 39618 |  | 39618 |
| &nbsp;&nbsp;&nbsp;&nbsp; Thailand |  | 7668 |  | 7668 |
|  Securities Lending Collateral |  | 14191136 |  | 14191136 |
|  Total Investments in Securities | $135146083 | $1043296605 | $48,044<> | $1178490732 |

---

---

| | |
|:---|:---|
| <> | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.  |

---

See accompanying Notes to Financial Statements.

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**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**STATEMENTS OF ASSETS AND LIABILITIES** 

**APRIL 30, 2025** 

**(Unaudited)** 

**(Amounts in thousands, except share and per share amounts)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Large Cap<br>International<br>Portfolio\*** | **International**<br>**Core Equity 2<br>Portfolio\*** | **Global Small**<br>**Company<br>Portfolio** | **International**<br>**Small**<br>**Company**<br>**Portfolio** |
|  **ASSETS:** |  |  |  |  |
|  Investments in Affiliated Investment Companies at Value |  |  | $93864 | $11864275 |
|  Investment Securities at Value (including $310,721, $1,913,667, $0 and $0 of securities on loan, respectively) | $6266540 | $32177839 |  |  |
|  Temporary Cash Investments at Value & Cost |  |  |  | 52672 |
|  Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $300,973, $1,649,480, $0 and $0, respectively) | 300959 | 1649318 |  |  |
|  Segregated Cash for Futures Contracts | 4073 | 21635 |  | 3416 |
|  Foreign Currencies at Value | 5541 | 62683 |  |  |
|  Cash | 49912 | 267545 | 273 |  |
|  Receivables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold | 9410 | 3633 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends, Interest and Tax Reclaims | 44379 | 254591 |  | 301 |
| &nbsp;&nbsp;&nbsp;&nbsp; Securities Lending Income | 327 | 1940 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fund Shares Sold | 2645 | 10012 | 3 | 4779 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Margin Variation | 40 | 212 |  | 34 |
|  Unrealized Gain on Foreign Currency Contracts | 6 | 16 |  |  |
|  Prepaid Expenses and Other Assets | 39 | 130 | 13 | 80 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Assets | 6683871 | 34449554 | 94153 | 11925557 |
|  **LIABILITIES:** |  |  |  |  |
|  Payables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Upon Return of Securities Loaned | 301098 | 1650058 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Purchased | 828 | 77 | 223 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fund Shares Redeemed | 13684 | 26514 | 17 | 15696 |
| &nbsp;&nbsp;&nbsp;&nbsp; Due to Advisor | 702 | 5122 | 10 | 2332 |
|  Accrued Expenses and Other Liabilities | 251 | 1546 | 6 | 310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Liabilities | 316563 | 1683317 | 256 | 18338 |
|  **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |  |  |  |
|  **NET ASSETS** | $6367308 | $32766237 | $93897 | $11907219 |
|  **NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:** |  |  |  |  |
|  Institutional Class Shares — based on shares outstanding of 214,110,544, 1,908,742,961, 6,361,134 and 553,988,189, respectively, $0.01 Par Value (1) | $**29.74** | $**17.17** | $**14.76** | $**21.49** |
| (1) NUMBER OF SHARES AUTHORIZED | 1500000000 | 7000000000 | 100000000 | 3000000000 |
|  Investments in Affiliated Investment Companies at Cost | $— | $— | $75272 | N/A |
|  Investment Securities at Cost | $3778146 | $22402142 | N/A | N/A |
|  Foreign Currencies at Cost | $5532 | $61551 | $— | $— |
|  **NET ASSETS CONSIST OF:** |  |  |  |  |
|  Paid-In Capital | $4328518 | $23688182 | $77159 | $9414468 |
|  Total Distributable Earnings (Loss) | 2038790 | 9078055 | 16738 | 2492751 |
|  **NET ASSETS** | $6367308 | $32766237 | $93897 | $11907219 |

---

\* See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

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**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**STATEMENTS OF ASSETS AND LIABILITIES** 

**APRIL 30, 2025** 

**(Unaudited)** 

**(Amounts in thousands, except share and per share amounts)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Japanese Small<br>Company<br>Portfolio** | **Asia Pacific**<br>**Small**<br>**Company<br>Portfolio** | **United**<br>**Kingdom Small<br>Company<br>Portfolio** | **Continental**<br>**Small**<br>**Company<br>Portfolio** |
|  **ASSETS:** |  |  |  |  |
|  Investments in Affiliated Investment Companies at Value | $212398 | $144966 | $21486 | $109560 |
|  Receivables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fund Shares Sold | 13 |  |  |  |
|  Prepaid Expenses and Other Assets | 12 | 12 | 11 | 13 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Assets | 212423 | 144978 | 21497 | 109573 |
|  **LIABILITIES:** |  |  |  |  |
|  Payables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fund Shares Redeemed |  |  |  | 182 |
| &nbsp;&nbsp;&nbsp;&nbsp; Due to Advisor | 43 | 29 | 4 | 21 |
|  Accrued Expenses and Other Liabilities | 13 | 8 | 1 | 52 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Liabilities | 56 | 37 | 5 | 255 |
|  **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |  |  |  |
|  **NET ASSETS** | $212367 | $144941 | $21492 | $109318 |
|  **NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:** |  |  |  |  |
|  Institutional Class Shares — based on shares outstanding of 8,672,900, 8,463,408, 789,307 and 3,220,521, respectively, $0.01 Par Value (1) | $**24.49** | $**17.13** | $**27.23** | $**33.94** |
| (1) NUMBER OF SHARES AUTHORIZED | 1000000000 | 1000000000 | 1000000000 | 1000000000 |
|  **NET ASSETS CONSIST OF:** |  |  |  |  |
|  Paid-In Capital | $167453 | $204865 | $22039 | $(8137) |
|  Total Distributable Earnings (Loss) | 44914 | (59924) | (547) | 117455 |
|  **NET ASSETS** | $212367 | $144941 | $21492 | $109318 |

---

See accompanying Notes to Financial Statements.

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**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**STATEMENTS OF ASSETS AND LIABILITIES** 

**APRIL 30, 2025** 

**(Unaudited)** 

**(Amounts in thousands, except share and per share amounts)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **DFA**<br>**International**<br>**Real Estate<br>Securities**<br>**Portfolio\*** | **DFA Global**<br>**Real Estate<br>Securities**<br>**Portfolio\*** | **DFA**<br>**International**<br>**Small Cap**<br>**Value Portfolio\*** | **International**<br>**Vector Equity<br>Portfolio\*** |
|  **ASSETS:** |  |  |  |  |
|  Investments in Affiliated Investment Companies at Value |  | $1835366 |  |  |
|  Investment Securities at Value (including $156,286, $182,237, $675,993 and $235,937 of securities on loan, respectively) | $3138129 | 4993073 | $11801557 | $3593608 |
|  Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $113,270, $187,200, $572,665 and $196,248, respectively) | 113265 | 187178 | 572612 | 196229 |
|  Segregated Cash for Futures Contracts | 1511 | 2956 | 11956 | 2037 |
|  Foreign Currencies at Value | 4220 |  | 14287 | 6690 |
|  Cash | 23126 | 50228 | 170702 | 17939 |
|  Receivables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold | 702 |  | 24180 | 2767 |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends, Interest and Tax Reclaims | 24547 | 1187 | 130154 | 28263 |
| &nbsp;&nbsp;&nbsp;&nbsp; Securities Lending Income | 129 | 22 | 586 | 269 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fund Shares Sold | 352 | 2234 | 1857 | 484 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Margin Variation | 15 | 938 | 117 | 1013 |
|  Unrealized Gain on Foreign Currency Contracts |  |  |  | 2 |
|  Prepaid Expenses and Other Assets | 58 | 52 | 36 | 27 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Assets | 3306054 | 7073234 | 12728044 | 3849328 |
|  **LIABILITIES:** |  |  |  |  |
|  Payables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Upon Return of Securities Loaned | 113438 | 187239 | 572706 | 196287 |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Purchased |  |  | 37248 | 26 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fund Shares Redeemed | 648 | 4512 | 5217 | 1321 |
| &nbsp;&nbsp;&nbsp;&nbsp; Due to Advisor | 602 | 678 | 3700 | 718 |
|  Unrealized Loss on Foreign Currency Contracts |  |  | 43 |  |
|  Deferred Taxes Payable | 87 |  |  |  |
|  Accrued Expenses and Other Liabilities | 24 | 262 | 472 | 240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Liabilities | 114799 | 192691 | 619386 | 198592 |
|  **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |  |  |  |
|  **NET ASSETS** | $3191255 | $6880543 | $12108658 | $3650736 |
|  **NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:** |  |  |  |  |
|  Institutional Class Shares — based on shares outstanding of 886,869,522, 659,852,310, 479,379,320 and 241,762,826, respectively, $0.01 Par Value (1) | $**3.60** | $**10.43** | $**25.26** | $**15.10** |
| (1) NUMBER OF SHARES AUTHORIZED | 4000000000 | 3000000000 | 4600000000 | 1500000000 |
|  Investments in Affiliated Investment Companies at Cost | $— | $2329986 | $— | $— |
|  Investment Securities at Cost | $3067223 | $3908746 | $8391709 | $2434789 |
|  Foreign Currencies at Cost | $4322 | $— | $14335 | $6658 |
|  **NET ASSETS CONSIST OF:** |  |  |  |  |
|  Paid-In Capital | $4912515 | $6757823 | $8349720 | $2523973 |
|  Total Distributable Earnings (Loss) | (1721260) | 122720 | 3758938 | 1126763 |
|  **NET ASSETS** | $3191255 | $6880543 | $12108658 | $3650736 |

---

\* See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

781

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##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**STATEMENTS OF ASSETS AND LIABILITIES** 

**APRIL 30, 2025** 

**(Unaudited)** 

**(Amounts in thousands, except share and per share amounts)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **International**<br>**High Relative<br>Profitability<br>Portfolio\*** | **World ex U.S.**<br>**Value Portfolio** | **World ex U.S.**<br>**Core Equity<br>Portfolio\*** | **World ex U.S.<br>Targeted Value<br>Portfolio\*** |
|  **ASSETS:** |  |  |  |  |
|  Investments in Affiliated Investment Companies at Value |  | $308132 |  |  |
|  Investment Securities at Value (including $91,280, $0, $261,950 and $25,556 of securities on loan, respectively) | $1589728 |  | $4169435 | $718821 |
|  Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $92,835, $0, $197,453 and $13,638, respectively) | 92828 |  | 197432 | 13636 |
|  Segregated Cash for Futures Contracts |  |  | 2956 | 197 |
|  Foreign Currencies at Value | 156 |  | 33655 | 4074 |
|  Cash |  | 598 | 11280 | 745 |
|  Receivables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold | 1800 |  | 4186 | 584 |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends, Interest and Tax Reclaims | 9894 |  | 24544 | 5657 |
| &nbsp;&nbsp;&nbsp;&nbsp; Securities Lending Income | 58 |  | 347 | 34 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fund Shares Sold | 329 | 199 | 1121 | 36 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Margin Variation |  |  | 29 | 2 |
|  Prepaid Expenses and Other Assets | 31 | 12 | 26 | 15 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Assets | 1694824 | 308941 | 4445011 | 743801 |
|  **LIABILITIES:** |  |  |  |  |
|  Payables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Upon Return of Securities Loaned | 92867 |  | 197523 | 13640 |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Purchased |  |  | 5165 | 812 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fund Shares Redeemed | 1312 | 34 | 2162 | 361 |
| &nbsp;&nbsp;&nbsp;&nbsp; Due to Advisor | 296 | 33 | 828 | 228 |
| &nbsp;&nbsp;&nbsp;&nbsp; Line of Credit | 76 |  |  |  |
|  Deferred Taxes Payable |  |  | 16536 | 2332 |
|  Accrued Expenses and Other Liabilities | 52 | 8 | 379 | 54 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Liabilities | 94603 | 75 | 222593 | 17427 |
|  **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |  |  |  |
|  **NET ASSETS** | $1600221 | $308866 | $4222418 | $726374 |
|  **NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:** |  |  |  |  |
|  Institutional Class Shares — based on shares outstanding of 116,718,234, 21,948,753, 299,219,604 and 46,322,542, respectively, $0.01 Par Value (1) | $**13.71** | $**14.07** | $**14.11** | $**15.68** |
| (1) NUMBER OF SHARES AUTHORIZED | 500000000 | 1000000000 | 1500000000 | 1000000000 |
|  Investments in Affiliated Investment Companies at Cost | $— | $228570 | $— | $— |
|  Investment Securities at Cost | $1193549 | N/A | $3068880 | $562481 |
|  Foreign Currencies at Cost | $155 | $— | $33296 | $4054 |
|  **NET ASSETS CONSIST OF:** |  |  |  |  |
|  Paid-In Capital | $1231803 | $240378 | $3233846 | $591764 |
|  Total Distributable Earnings (Loss) | 368418 | 68488 | 988572 | 134610 |
|  **NET ASSETS** | $1600221 | $308866 | $4222418 | $726374 |

---

\* See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

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##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**STATEMENTS OF ASSETS AND LIABILITIES** 

**APRIL 30, 2025** 

**(Unaudited)** 

**(Amounts in thousands, except share and per share amounts)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **World Core<br>Equity**<br>**Portfolio** | **Selectively<br>Hedged Global<br>Equity**<br>**Portfolio** | **Emerging**<br>**Markets**<br>**Portfolio** | **Emerging**<br>**Markets Small<br>Cap Portfolio** |
|  **ASSETS:** |  |  |  |  |
|  Investments in Affiliated Investment Companies at Value | $1126626 | $293444 | $5143700 | $3370606 |
|  Temporary Cash Investments at Value & Cost | 13 |  |  |  |
|  Segregated Cash for Futures Contracts |  | 263 |  |  |
|  Cash |  | 4888 |  |  |
|  Receivables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Securities/Affiliated Investment Companies Sold | 393 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends and Interest | 1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fund Shares Sold | 202 | 258 | 4583 | 743 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Margin Variation |  | 3 |  |  |
|  Unrealized Gain on Forward Currency Contracts |  | 176 |  |  |
|  Prepaid Expenses and Other Assets | 17 | 11 | 48 | 22 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Assets | 1127252 | 299043 | 5148331 | 3371371 |
|  **LIABILITIES:** |  |  |  |  |
|  Payables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Securities/Affiliated Investment Companies Purchased |  | 121 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fund Shares Redeemed | 2436 | 232 | 2731 | 958 |
| &nbsp;&nbsp;&nbsp;&nbsp; Due to Advisor | 39 | 12 | 779 | 864 |
|  Unrealized Loss on Forward Currency Contracts |  | 1755 |  |  |
|  Accrued Expenses and Other Liabilities | 24 | 9 | 160 | 155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Liabilities | 2499 | 2129 | 3670 | 1977 |
|  **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |  |  |  |
|  **NET ASSETS** | $1124753 | $296914 | $5144661 | $3369394 |
|  **NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:** |  |  |  |  |
|  Institutional Class Shares — based on shares outstanding of 46,886,027, 14,304,295, 174,558,298 and 144,924,520, respectively, $0.01 Par Value (1) | $**23.99** | $**20.76** | $**29.47** | $**23.25** |
| (1) NUMBER OF SHARES AUTHORIZED | 1000000000 | 1000000000 | 1500000000 | 1500000000 |
|  Investments in Affiliated Investment Companies at Cost | $638876 | $152952 | N/A | N/A |
|  **NET ASSETS CONSIST OF:** |  |  |  |  |
|  Paid-In Capital | $661767 | $160791 | $3164357 | $2720940 |
|  Total Distributable Earnings (Loss) | 462986 | 136123 | 1980304 | 648454 |
|  **NET ASSETS** | $1124753 | $296914 | $5144661 | $3369394 |

---

See accompanying Notes to Financial Statements.

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**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**STATEMENTS OF ASSETS AND LIABILITIES** 

**APRIL 30, 2025** 

**(Unaudited)** 

**(Amounts in thousands, except share and per share amounts)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Emerging**<br>**Markets Value<br>Portfolio** | **Emerging**<br>**Markets Core**<br>**Equity 2**<br>**Portfolio\*** | **Emerging**<br>**Markets Targeted<br>Value Portfolio\*** | **Emerging**<br>**Markets ex China Core<br>Equity Portfolio\*** |
|  **ASSETS:** |  |  |  |  |
|  Investments in Affiliated Investment Companies at Value | $10733310 |  |  |  |
|  Investment Securities at Value (including $0, $2,149,388, $11,277 and $45,924 of securities on loan, respectively) |  | $27216058 | $259571 | $1164300 |
|  Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $0, $441,662, $1,995 and $14,192, respectively) |  | 441612 | 1994 | 14191 |
|  Segregated Cash for Futures Contracts |  | 22796 | 154 |  |
|  Foreign Currencies at Value |  | 202272 | 1099 | 4270 |
|  Cash |  | 130032 | 2076 | 5980 |
|  Receivables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Securities/Affiliated Investment Companies Sold |  | 4141 | 535 | 236 |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends and Interest |  | 50203 | 424 | 2002 |
| &nbsp;&nbsp;&nbsp;&nbsp; Securities Lending Income |  | 5075 | 37 | 145 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fund Shares Sold | 6130 | 10858 | 46 | 170 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Margin Variation |  |  | 2 | 335 |
|  Unrealized Gain on Foreign Currency Contracts |  |  |  | 1 |
|  Prepaid Expenses and Other Assets | 71 | 126 | 12 | 16 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Assets | 10739511 | 28083173 | 265950 | 1191646 |
|  **LIABILITIES:** |  |  |  |  |
|  Payables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Upon Return of Securities Loaned |  | 441814 | 1996 | 14194 |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Securities/Affiliated Investment Companies Purchased |  | 68 | 657 | 3220 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fund Shares Redeemed | 3993 | 25100 | 124 | 9306 |
| &nbsp;&nbsp;&nbsp;&nbsp; Due to Advisor | 2298 | 7124 | 99 | 323 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Margin Variation |  | 3098 |  |  |
|  Unrealized Loss on Foreign Currency Contracts |  |  |  | 1 |
|  Deferred Taxes Payable |  | 385110 | 3770 | 6986 |
|  Accrued Expenses and Other Liabilities | 390 | 3772 | 23 | 82 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Liabilities | 6681 | 866086 | 6669 | 34112 |
|  **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |  |  |  |
|  **NET ASSETS** | $10732830 | $27217087 | $259281 | $1157534 |
|  **NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:** |  |  |  |  |
|  Institutional Class Shares — based on shares outstanding of 349,085,312, 1,151,050,625, 23,342,121 and 116,046,513, respectively, $0.01 Par Value (1) | $**30.75** | $**23.65** | $**11.11** | $**9.97** |
| (1) NUMBER OF SHARES AUTHORIZED | 3000000000 | 5000000000 | 500000000 | 500000000 |
|  Investment Securities at Cost | N/A | $18704975 | $212698 | $1080161 |
|  Foreign Currencies at Cost | $— | $199541 | $1093 | $4246 |
|  **NET ASSETS CONSIST OF:** |  |  |  |  |
|  Paid-In Capital | $10098424 | $22333077 | $231848 | $1128741 |
|  Total Distributable Earnings (Loss) | 634406 | 4884010 | 27433 | 28793 |
|  **NET ASSETS** | $10732830 | $27217087 | $259281 | $1157534 |

---

\* See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

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**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**STATEMENTS OF OPERATIONS** 

**FOR THE SIX MONTHS ENDED APRIL 30, 2025** 

**(Unaudited)** 

**(Amounts in thousands)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Large Cap<br>International**<br>**Portfolio** | **International<br>Core Equity 2<br>Portfolio** | **Global Small**<br>**Company<br>Portfolio\*** | **International<br>Small<br>Company<br>Portfolio\*** |
|  **Investment Income** |  |  |  |  |
|  Net Investment Income Allocated from Affiliated Investment Companies |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends (Net of Foreign Taxes Withheld of $0, $0, $41 and $14,610, respectively) |  |  | $467 | $175797 |
| &nbsp;&nbsp;&nbsp;&nbsp; Interest |  |  | 2 | 432 |
| &nbsp;&nbsp;&nbsp;&nbsp; Income from Securities Lending, Net |  |  | 32 | 5154 |
| &nbsp;&nbsp;&nbsp;&nbsp; Expenses Allocated from Affiliated Investment Companies |  |  | (29) | (6800) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Net Investment Income Allocated from Affiliated Investment Companies |  |  | 472 | 174583 |
|  **Fund Investment Income** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends (Net of Foreign Taxes Withheld of $9,158, $51,579, $0 and $0, respectively) | $91125 | $468172 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividend Income from Affiliates | 4699 | 25521 | 321 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Income from Securities Lending, Net | 931 | 7334 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Fund Investment Income | 96755 | 501027 | 321 |  |
|  **Fund Expenses** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Management Fees | 4233 | 30836 | 166 | 14260 |
| &nbsp;&nbsp;&nbsp;&nbsp; Accounting & Transfer Agent Fees | 489 | 2626 | 10 | 806 |
| &nbsp;&nbsp;&nbsp;&nbsp; Custodian Fees | 185 | 1001 |  | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp; Filing Fees | 25 | 114 | 11 | 85 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shareholders' Reports | 48 | 214 | 3 | 286 |
| &nbsp;&nbsp;&nbsp;&nbsp; Directors'/Trustees' Fees & Expenses | 18 | 93 |  | 35 |
| &nbsp;&nbsp;&nbsp;&nbsp; Professional Fees | 42 | 222 |  | 26 |
| &nbsp;&nbsp;&nbsp;&nbsp; Previously Waived Fees Recovered by Advisor (Note C) |  |  | 3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Other | 211 | 538 | 2 | 71 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Fund Expenses | 5251 | 35644 | 195 | 15570 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fees Waived, Expenses Reimbursed by Advisor (Note C) |  |  | 110 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Expenses | 5251 | 35644 | 85 | 15570 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Investment Income (Loss)** | 91504 | 465383 | 708 | 159013 |
|  **Realized and Unrealized Gain (Loss)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold | 21833 | 104983 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares Sold | (8) | 18 | 494 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company |  |  | (351)<sup>1</sup> | 98936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | (1336) | (10416) | (83) | (8204) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Transactions | (734) | (2408) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In-Kind Redemptions | 50999 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities and Foreign Currency | 351754 | 2133949 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares | (17) | (193) | (5473) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company |  |  | 1540 | 645524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | 156 | 60 |  | 10193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Translation of Foreign Currency-Denominated Amounts | 2265 | 12730 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Realized and Unrealized Gain (Loss)** | 424912 | 2238723 | (3873) | 746449 |
|  **Net Increase (Decrease) in Net Assets Resulting from Operations** | $516416 | $2704106 | $(3165) | $905462 |
|  <sup>1</sup> Net of foreign capital gain taxes withheld of: | $— | $— | $11 | $— |

---

\* Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

785

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##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**STATEMENTS OF OPERATIONS** 

**FOR THE SIX MONTHS ENDED APRIL 30, 2025** 

**(Unaudited)** 

**(Amounts in thousands)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Japanese Small<br>Company<br>Portfolio\*** | **Asia Pacific<br>Small<br>Company<br>Portfolio\*** | **United<br>Kingdom Small<br>Company<br>Portfolio\*** | **Continental<br>Small<br>Company<br>Portfolio\*** |
|  **Investment Income** |  |  |  |  |
|  Net Investment Income Allocated from Affiliated Investment Companies |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends (Net of Foreign Taxes Withheld of $378, $23, $3 and $146, respectively) | $3401 | $2132 | $350 | $2523 |
| &nbsp;&nbsp;&nbsp;&nbsp; Interest | 5 | 6 | 1 | 15 |
| &nbsp;&nbsp;&nbsp;&nbsp; Income from Securities Lending, Net | 122 | 154 | 2 | 89 |
| &nbsp;&nbsp;&nbsp;&nbsp; Expenses Allocated from Affiliated Investment Companies | (124) | (93) | (12) | (155) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Net Investment Income Allocated from Affiliated Investment Companies | 3404 | 2199 | 341 | 2472 |
|  **Fund Expenses** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Management Fees | 367 | 254 | 35 | 422 |
| &nbsp;&nbsp;&nbsp;&nbsp; Accounting & Transfer Agent Fees | 20 | 16 | 2 | 65 |
| &nbsp;&nbsp;&nbsp;&nbsp; Filing Fees | 10 | 10 | 10 | 11 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shareholders' Reports | 4 | 3 | 3 | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp; Directors'/Trustees' Fees & Expenses | 1 | 1 |  | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp; Professional Fees |  |  |  | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp; Other | 4 | 2 | 2 | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Fund Expenses | 406 | 286 | 52 | 510 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fees Waived, Expenses Reimbursed by Advisor (Note C) | 105 | 73 | 10 | 120 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Expenses | 301 | 213 | 42 | 390 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Investment Income (Loss)** | 3103 | 1986 | 299 | 2082 |
|  **Realized and Unrealized Gain (Loss)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company | 4655 | (3702) | 603 | (1273) |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company | 14110 | (3152) | (197) | (9281) |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Realized and Unrealized Gain (Loss)** | 18765 | (6854) | 406 | (10554) |
|  **Net Increase (Decrease) in Net Assets Resulting from Operations** | $21868 | $(4868) | $705 | $(8472) |

---

\* Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

786

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**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**STATEMENTS OF OPERATIONS** 

**FOR THE SIX MONTHS ENDED APRIL 30, 2025** 

**(Unaudited)** 

**(Amounts in thousands)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **DFA<br>International<br>Real Estate<br>Securities<br>Portfolio** | **DFA Global<br>Real Estate**<br>**Securities<br>Portfolio** | **DFA**<br>**International**<br>**Small Cap**<br>**Value Portfolio** | **International**<br>**Vector Equity<br>Portfolio** |
|  **Investment Income** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends (Net of Foreign Taxes Withheld of $7,056, $0, $19,269 and $6,698, respectively) | $66879 | $96245 | $201286 | $52974 |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividend Income from Affiliates | 1467 | 107162 | 8474 | 3091 |
| &nbsp;&nbsp;&nbsp;&nbsp; Income from Securities Lending, Net | 738 | 170 | 2660 | 1055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investment Income | 69084 | 203577 | 212420 | 57120 |
|  **Fund Expenses** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Management Fees | 3724 | 6736 | 22014 | 4840 |
| &nbsp;&nbsp;&nbsp;&nbsp; Accounting & Transfer Agent Fees | 200 | 581 | 919 | 378 |
| &nbsp;&nbsp;&nbsp;&nbsp; Custodian Fees | 139 | 20 | 577 | 198 |
| &nbsp;&nbsp;&nbsp;&nbsp; Filing Fees | 15 | 38 | 30 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shareholders' Reports | 35 | 115 | 99 | 32 |
| &nbsp;&nbsp;&nbsp;&nbsp; Directors'/Trustees' Fees & Expenses | 11 | 23 | 34 | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp; Professional Fees | 29 | 17 | 90 | 25 |
| &nbsp;&nbsp;&nbsp;&nbsp; Other | 59 | 78 | 365 | 93 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Fund Expenses | 4212 | 7608 | 24128 | 5595 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fees Waived, Expenses Reimbursed by Advisor (Note C) |  | 2144 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fees Paid Indirectly (Note C) | 86 |  | 321 | 80 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Expenses | 4126 | 5464 | 23807 | 5515 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Investment Income (Loss)** | 64958 | 198113 | 188613 | 51605 |
|  **Realized and Unrealized Gain (Loss)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold | (90680) | (83854) | 238712 | 5402 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares Sold | (2) | 5 | (23) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | (424) | (2482) | (9068) | (2707) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Transactions | (283) |  | (317) | (456) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In-Kind Redemptions |  |  | 189250 | 501 |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities and Foreign Currency | 78898<sup>2</sup> | (215099) | 870191 | 265091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares | (5) | (70665) | (60) | (23) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | 492 | 411 | 3718 | 1846 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Translation of Foreign Currency-Denominated Amounts | 987 |  | 6776 | 1530 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Realized and Unrealized Gain (Loss)** | (11017) | (371684) | 1299179 | 271185 |
|  **Net Increase (Decrease) in Net Assets Resulting from Operations** | $53941 | $(173571) | $1487792 | $322790 |
|  <sup>2</sup> Including foreign capital gain taxes of: | $5 | $— | $— | $— |

---

See accompanying Notes to Financial Statements.

787

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##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**STATEMENTS OF OPERATIONS** 

**FOR THE SIX MONTHS ENDED APRIL 30, 2025** 

**(Unaudited)** 

**(Amounts in thousands)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **International<br>High Relative<br>Profitability<br>Portfolio** | **World ex U.S.**<br>**Value Portfolio\*** | **World ex U.S.<br>Core Equity**<br>**Portfolio** | **World ex U.S.<br>Targeted Value<br>Portfolio** |
|  **Investment Income** |  |  |  |  |
|  Net Investment Income Allocated from Affiliated Investment Companies |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends (Net of Foreign Taxes Withheld of $0, $463, $0 and $0, respectively) |  | $4905 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Interest |  | 56 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Income from Securities Lending, Net |  | 93 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Expenses Allocated from Affiliated Investment Companies |  | (249) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Net Investment Income Allocated from Affiliated Investment Companies |  | 4805 |  |  |
|  **Fund Investment Income** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends (Net of Foreign Taxes Withheld of $2,266, $0, $6,617 and $713, respectively) | $22469 |  | $55111 | $10385 |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividend Income from Affiliates |  | 351 | 2531 | 335 |
| &nbsp;&nbsp;&nbsp;&nbsp; Income from Securities Lending, Net | 211 |  | 1563 | 194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Fund Investment Income | 22680 | 351 | 59205 | 10914 |
|  **Fund Expenses** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Management Fees | 1924 | 457 | 5020 | 1384 |
| &nbsp;&nbsp;&nbsp;&nbsp; Accounting & Transfer Agent Fees | 159 | 13 | 331 | 88 |
| &nbsp;&nbsp;&nbsp;&nbsp; Custodian Fees | 48 |  | 469 | 105 |
| &nbsp;&nbsp;&nbsp;&nbsp; Filing Fees | 19 | 11 | 17 | 15 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shareholders' Reports | 38 | 5 | 35 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp; Directors'/Trustees' Fees & Expenses | 5 | 1 | 11 | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp; Professional Fees | 11 | 2 | 52 | 22 |
| &nbsp;&nbsp;&nbsp;&nbsp; Other | 67 | 2 | 92 | 30 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Fund Expenses | 2271 | 491 | 6027 | 1665 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fees Waived, Expenses Reimbursed by Advisor (Note C) | 25 | 263 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fees Paid Indirectly (Note C) | 30 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Expenses | 2216 | 228 | 6027 | 1665 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Investment Income (Loss)** | 20464 | 4928 | 53178 | 9249 |
|  **Realized and Unrealized Gain (Loss)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Capital Gain Distributions Received from Investment Securities |  | 193 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold | (4083) |  | 14226<sup>1</sup> | (3054)<sup>1</sup> |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares Sold | (3) | 210 | 3 | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company |  | (114)<sup>1</sup> |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | 53 |  | (1712) | (50) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Transactions | (256) |  | (1451) | (85) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In-Kind Redemptions | 13772 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities and Foreign Currency | 75442 |  | 159043<sup>2</sup> | 40591<sup>2</sup> |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares | (7) | 2416 | (22) | (2) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company |  | 13524 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures |  |  | 56 | 167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Translation of Foreign Currency-Denominated Amounts | 523 |  | 1227 | 276 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Realized and Unrealized Gain (Loss)** | 85441 | 16229 | 171370 | 37842 |
|  **Net Increase (Decrease) in Net Assets Resulting from Operations** | $105905 | $21157 | $224548 | $47091 |
|  <sup>1</sup> Net of foreign capital gain taxes withheld of: | $— | $19 | $1565 | $263 |
|  <sup>2</sup> Including foreign capital gain taxes of: | $— | $— | $3765 | $827 |

---

\* Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

788

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##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**STATEMENTS OF OPERATIONS** 

**FOR THE SIX MONTHS ENDED APRIL 30, 2025** 

**(Unaudited)** 

**(Amounts in thousands)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **World Core<br>Equity<br>Portfolio** | **Selectively<br>Hedged Global<br>Equity<br>Portfolio** | **Emerging**<br>**Markets<br>Portfolio\*** | **Emerging<br>Markets Small<br>Cap Portfolio\*** |
|  **Investment Income** |  |  |  |  |
|  Net Investment Income Allocated from Affiliated Investment Companies |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends (Net of Foreign Taxes Withheld of $0, $0, $7,144 and $3,460, respectively) |  |  | $61674 | $34083 |
| &nbsp;&nbsp;&nbsp;&nbsp; Interest |  |  | 785 | 735 |
| &nbsp;&nbsp;&nbsp;&nbsp; Income from Securities Lending, Net |  |  | 1946 | 7123 |
| &nbsp;&nbsp;&nbsp;&nbsp; Expenses Allocated from Affiliated Investment Companies |  |  | (3838) | (4859) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Net Investment Income Allocated from Affiliated Investment Companies |  |  | 60567 | 37082 |
|  **Fund Investment Income** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends (Net of Foreign Taxes Withheld of $0, $0, $0 and $0, respectively) | $5 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividend Income from Affiliates | 9610 | $2817 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Fund Investment Income | 9615 | 2817 |  |  |
|  **Fund Expenses** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Management Fees | 1247 | 365 | 7444 | 9117 |
| &nbsp;&nbsp;&nbsp;&nbsp; Accounting & Transfer Agent Fees | 79 | 30 | 327 | 281 |
| &nbsp;&nbsp;&nbsp;&nbsp; Custodian Fees | 1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Filing Fees | 13 | 11 | 29 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shareholders' Reports | 7 | 5 | 64 | 44 |
| &nbsp;&nbsp;&nbsp;&nbsp; Directors'/Trustees' Fees & Expenses | 3 | 2 | 15 | 11 |
| &nbsp;&nbsp;&nbsp;&nbsp; Professional Fees | 3 |  | 12 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp; Previously Waived Fees Recovered by Advisor (Note C) | 1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Other | 9 | 6 | 35 | 29 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Fund Expenses | 1363 | 419 | 7926 | 9511 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fees Waived, Expenses Reimbursed by Advisor (Note C) | 952 | 289 | 2567 | 3507 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Expenses | 411 | 130 | 5359 | 6004 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Investment Income (Loss)** | 9204 | 2687 | 55208 | 31078 |
|  **Realized and Unrealized Gain (Loss)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares Sold | (20) | (365) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company |  |  | (34103)<sup>1</sup> | (160306)<sup>1</sup> |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures |  | (49) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  | 1333 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares | (11947) | (4752) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company |  |  | (11656)<sup>2</sup> | 38431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures |  | (60) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  | (2826) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Realized and Unrealized Gain (Loss)** | (11967) | (6719) | (45759) | (121875) |
|  **Net Increase (Decrease) in Net Assets Resulting from Operations** | $(2763) | $(4032) | $9449 | $(90797) |
|  <sup>1</sup> Net of foreign capital gain taxes withheld of: | $— | $— | $3955 | $3801 |
|  <sup>2</sup> Including foreign capital gain taxes of: | $— | $— | $10223 | $— |

---

\* Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

789

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##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**STATEMENTS OF OPERATIONS** 

**FOR THE SIX MONTHS ENDED APRIL 30, 2025** 

**(Unaudited)** 

**(Amounts in thousands)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Emerging<br>Markets Value<br>Portfolio\*** | **Emerging<br>Markets Core<br>Equity 2<br>Portfolio** | **Emerging<br>Markets Targeted<br>Value Portfolio** | **Emerging<br>Markets ex China Core<br>Equity Portfolio** |
|  **Investment Income** |  |  |  |  |
|  Net Investment Income Allocated from Affiliated Investment Companies |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends (Net of Foreign Taxes Withheld of $16,561, $0, $0 and $0, respectively) | $158036 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Interest | 1571 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Income from Securities Lending, Net | 6711 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Expenses Allocated from Affiliated Investment Companies | (8076) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Net Investment Income Allocated from Affiliated Investment Companies | 158242 |  |  |  |
|  **Fund Investment Income** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends (Net of Foreign Taxes Withheld of $0, $35,664, $314 and $1,704, respectively) |  | $300415 | $2812 | $13457 |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividend Income from Affiliates |  | 8621 |  | 238 |
| &nbsp;&nbsp;&nbsp;&nbsp; Income from Securities Lending, Net |  | 24411 | 210 | 652 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Fund Investment Income |  | 333447 | 3022 | 14347 |
|  **Fund Expenses** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Management Fees | 20255 | 44678 | 664 | 1788 |
| &nbsp;&nbsp;&nbsp;&nbsp; Accounting & Transfer Agent Fees | 500 | 2112 | 32 | 93 |
| &nbsp;&nbsp;&nbsp;&nbsp; Custodian Fees |  | 5357 | 56 | 271 |
| &nbsp;&nbsp;&nbsp;&nbsp; Filing Fees | 52 | 96 | 14 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shareholders' Reports | 110 | 271 | 11 | 12 |
| &nbsp;&nbsp;&nbsp;&nbsp; Directors'/Trustees' Fees & Expenses | 33 | 81 | 1 | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp; Professional Fees | 24 | 209 | 20 | 26 |
| &nbsp;&nbsp;&nbsp;&nbsp; Previously Waived Fees Recovered by Advisor (Note C) | 24 |  |  | 95 |
| &nbsp;&nbsp;&nbsp;&nbsp; Other | 79 | 512 | 6 | 28 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Fund Expenses | 21077 | 53316 | 804 | 2336 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fees Waived, Expenses Reimbursed by Advisor (Note C) | 5475 |  | 63 | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Expenses | 15602 | 53316 | 741 | 2330 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Investment Income (Loss)** | 142640 | 280131 | 2281 | 12017 |
|  **Realized and Unrealized Gain (Loss)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold |  | (53565)<sup>1</sup> | (1733)<sup>1</sup> | (16642)<sup>1</sup> |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares Sold |  | (2) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company | (95801)<sup>1</sup> |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures |  | (9443) | (63) | (761) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Transactions |  | (2829) | (9) | (440) |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities and Foreign Currency |  | (533729)<sup>2</sup> | (6222)<sup>2</sup> | (28084)<sup>2</sup> |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares |  | (53) | (1) | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company | (96601) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures |  | 1029 | (28) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Translation of Foreign Currency-Denominated Amounts |  | 1639 | 9 | 52 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Realized and Unrealized Gain (Loss)** | (192402) | (596953) | (8047) | (45876) |
|  **Net Increase (Decrease) in Net Assets Resulting from Operations** | $(49762) | $(316822) | $(5766) | $(33859) |
|  <sup>1</sup> Net of foreign capital gain taxes withheld of: | $2192 | $11324 | $69 | $342 |
|  <sup>2</sup> Including foreign capital gain taxes of: | $— | $58919 | $628 | $2678 |

---

\* Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

790

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##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**STATEMENTS OF CHANGES IN NET ASSETS** 

**(Amounts in thousands)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Large Cap International<br>Portfolio** | **Large Cap International<br>Portfolio** | **International Core**<br>**Equity 2 Portfolio** | **International Core**<br>**Equity 2 Portfolio** | **Global Small**<br>**Company Portfolio#** | **Global Small**<br>**Company Portfolio#** |
|  | **Six Months<br>Ended<br>Apr 30,**<br>**2025** | **Year**<br>**Ended<br>Oct 31,**<br>**2024** | **Six Months<br>Ended<br>Apr 30,**<br>**2025** | **Year**<br>**Ended**<br>**Oct 31,**<br>**2024** | **Six Months<br>Ended**<br>**Apr 30,<br>2025** | **Year<br>Ended<br>Oct 31,<br>2024** |
|  | **(Unaudited)** | | **(Unaudited)** | | **(Unaudited)** | |
|  **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
|  Operations: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | $91504 | $172073 | $465383 | $951485 | $708 | $1536 |
| &nbsp;&nbsp;&nbsp;&nbsp; Capital Gain Distributions Received from Investment Securities |  |  |  |  |  | 688 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold | 21833 | 10371 | 104983 | 335571 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares Sold | (8) | (28) | 18 | (139) | 494 | 297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company |  |  |  |  | (351) | (29) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | (1336) | 12081 | (10416) | 47369 | (83) | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Transactions | (734) | 1199 | (2408) | (1151) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In-Kind Redemptions | 50999 | 59867 |  | 95544 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities and Foreign Currency | 351754 | 886750 | 2133949 | 4508341 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares | (17) | 6 | (193) | 32 | (5473) | 12935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company |  |  |  |  | 1540 | 5590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | 156 | 2213 | 60 | 14209 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Translation of Foreign Currency-Denominated Amounts | 2265 | (150) | 12730 | (970) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) in Net Assets Resulting from Operations | 516416 | 1144382 | 2704106 | 5950291 | (3165) | 21016 |
|  Distributions: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Institutional Class Shares | (68566) | (192000) | (377085) | (1069005) | (2532) | (2238) |
|  Capital Share Transactions (1): |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued | 645876 | 811090 | 2036366 | 3538936 | 33250 | 23053 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued in Lieu of Cash Distributions | 61445 | 173102 | 362422 | 1027946 | 2532 | 2237 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Redeemed | (728698) | (1114206) | (2917989) | (5859104) | (33689) | (20166) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Capital Share Transactions | (21377) | (130014) | (519201) | (1292222) | 2093 | 5124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Increase (Decrease) in Net Assets | 426473 | 822368 | 1807820 | 3589064 | (3604) | 23902 |
|  **Net Assets** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Beginning of Period | 5940835 | 5118467 | 30958417 | 27369353 | 97501 | 73599 |
| &nbsp;&nbsp;&nbsp;&nbsp; End of Period | $6367308 | $5940835 | $32766237 | $30958417 | $93897 | $97501 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued | 23190 | 29784 | 127119 | 226258 | 2076 | 1561 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued in Lieu of Cash Distributions | 2199 | 6393 | 22582 | 65854 | 158 | 160 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Redeemed | (25832) | (40892) | (181567) | (373733) | (2067) | (1357) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Shares Issued and Redeemed | (443) | (4715) | (31866) | (81621) | 167 | 364 |

---

# Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

791

------

##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**STATEMENTS OF CHANGES IN NET ASSETS** 

**(Amounts in thousands)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **International Small**<br>**Company Portfolio#** | **International Small**<br>**Company Portfolio#** | **Japanese Small**<br>**Company Portfolio#** | **Japanese Small**<br>**Company Portfolio#** | **Asia Pacific Small<br>Company Portfolio#** | **Asia Pacific Small<br>Company Portfolio#** |
|  | **Six Months<br>Ended**<br>**Apr 30,**<br>**2025** | **Year**<br>**Ended**<br>**Oct 31,**<br>**2024** | **Six Months<br>Ended**<br>**Apr 30,<br>2025** | **Year<br>Ended**<br>**Oct 31,<br>2024** | **Six Months<br>Ended**<br>**Apr 30,<br>2025** | **Year<br>Ended**<br>**Oct 31,<br>2024** |
|  | **(Unaudited)** | | **(Unaudited)** | | **(Unaudited)** | |
|  **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
|  Operations: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | $159013 | $335900 | $3103 | $5094 | $1986 | $5180 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company | 98936 | 72260 | 4655 | (2201) | (3702) | (23788) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | (8204) | 28606 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company | 645524 | 1889906 | 14110 | 29538 | (3152) | 50229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | 10193 | (4091) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) in Net Assets Resulting from Operations | 905462 | 2322581 | 21868 | 32431 | (4868) | 31621 |
|  Distributions: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Institutional Class Shares | (156501) | (379832) | (6630) | (13108) | (6445) | (8400) |
|  Capital Share Transactions (1): |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued | 826689 | 1955547 | 6297 | 13635 | 1342 | 3418 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued in Lieu of Cash Distributions | 152536 | 371132 | 6629 | 13106 | 6445 | 8396 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Redeemed | (1848895) | (2286987) | (33000) | (77481) | (5164) | (44616) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Capital Share Transactions | (869670) | 39692 | (20074) | (50740) | 2623 | (32802) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Increase (Decrease) in Net Assets | (120709) | 1982441 | (4836) | (31417) | (8690) | (9581) |
|  **Net Assets** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Beginning of Period | 12027928 | 10045487 | 217203 | 248620 | 153631 | 163212 |
| &nbsp;&nbsp;&nbsp;&nbsp; End of Period | $11907219 | $12027928 | $212367 | $217203 | $144941 | $153631 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued | 41480 | 99517 | 269 | 613 | 82 | 191 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued in Lieu of Cash Distributions | 7659 | 18765 | 292 | 613 | 374 | 507 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Redeemed | (91928) | (115815) | (1445) | (3530) | (299) | (2658) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Shares Issued and Redeemed | (42789) | 2467 | (884) | (2304) | 157 | (1960) |

---

# Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

792

------

##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**STATEMENTS OF CHANGES IN NET ASSETS** 

**(Amounts in thousands)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **United Kingdom Small<br>Company Portfolio#** | **United Kingdom Small<br>Company Portfolio#** | **Continental Small Company<br>Portfolio#** | **Continental Small Company<br>Portfolio#** | **DFA International Real<br>Estate Securities Portfolio** | **DFA International Real<br>Estate Securities Portfolio** |
|  | **Six Months**<br>**Ended**<br>**Apr 30,**<br>**2025** | **Year<br>Ended<br>Oct 31,<br>2024** | **Six Months**<br>**Ended**<br>**Apr 30,**<br>**2025** | **Year<br>Ended**<br>**Oct 31,**<br>**2024** | **Six Months**<br>**Ended**<br>**Apr 30,**<br>**2025** | **Year**<br>**Ended**<br>**Oct 31,**<br>**2024** |
|  | **(Unaudited)** | | **(Unaudited)** | | **(Unaudited)** | |
|  **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
|  Operations: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | $299 | $693 | $2082 | $21994 | $64958 | $145958 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold |  |  |  |  | (90680) | (300498) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares Sold |  |  |  |  | (2) | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company | 603 | 341 | (1273) | 21364 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures |  |  |  |  | (424) | 6301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Transactions |  |  |  |  | (283) | 419 |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities and Foreign Currency |  |  |  |  | 78898 | 826517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares |  |  |  |  | (5) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company | (197) | 4604 | (9281) | 111423 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures |  |  |  |  | 492 | 236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Translation of Foreign Currency-Denominated Amounts |  |  |  |  | 987 | 416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) in Net Assets Resulting from Operations | 705 | 5638 | (8472) | 154781 | 53941 | 679349 |
|  Distributions: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Institutional Class Shares | (310) | (905) | (7795) | (21345) | (186008) | (185455) |
|  Capital Share Transactions (1): |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued | 452 | 872 | 4800 | 10526 | 162137 | 268013 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued in Lieu of Cash Distributions | 310 | 905 | 7793 | 21343 | 81585 | 79570 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Redeemed | (648) | (4225) | (683882) | (25451) | (330881) | (945039) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Capital Share Transactions | 114 | (2448) | (671289) | 6418 | (87159) | (597456) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Increase (Decrease) in Net Assets | 509 | 2285 | (687556) | 139854 | (219226) | (103562) |
|  **Net Assets** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Beginning of Period | 20983 | 18698 | 796874 | 657020 | 3410481 | 3514043 |
| &nbsp;&nbsp;&nbsp;&nbsp; End of Period | $21492 | $20983 | $109318 | $796874 | $3191255 | $3410481 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued | 18 | 33 | 155 | 344 | 47654 | 73477 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued in Lieu of Cash Distributions | 12 | 35 | 264 | 699 | 24138 | 22799 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Redeemed | (26) | (166) | (22971) | (853) | (97926) | (262497) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Shares Issued and Redeemed | 4 | (98) | (22552) | 190 | (26134) | (166221) |

---

# Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

793

------

##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**STATEMENTS OF CHANGES IN NET ASSETS** 

**(Amounts in thousands)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **DFA Global Real Estate**<br>**Securities Portfolio** | **DFA Global Real Estate**<br>**Securities Portfolio** | **DFA International Small**<br>**Cap Value Portfolio** | **DFA International Small**<br>**Cap Value Portfolio** | **International Vector Equity<br>Portfolio** | **International Vector Equity<br>Portfolio** |
|  | **Six Months<br>Ended**<br>**Apr 30,**<br>**2025** | **Year**<br>**Ended**<br>**Oct 31,**<br>**2024** | **Six Months<br>Ended**<br>**Apr 30,**<br>**2025** | **Year**<br>**Ended**<br>**Oct 31,**<br>**2024** | **Six Months<br>Ended**<br>**Apr 30,**<br>**2025** | **Year**<br>**Ended**<br>**Oct 31,**<br>**2024** |
|  | **(Unaudited)** | | **(Unaudited)** | | **(Unaudited)** | |
|  **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
|  Operations: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | $198113 | $281480 | $188613 | $361770 | $51605 | $105277 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold | (83854) | (107920) | 238712 | 88466 | 5402 | 32280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares Sold | 5 | (142227) | (23) | (20) | 1 | (15) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | (2482) | 11651 | (9068) | 25116 | (2707) | 6572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Transactions |  |  | (317) | 2534 | (456) | 432 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In-Kind Redemptions |  |  | 189250 | 1991 | 501 | 32083 |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities and Foreign Currency | (215099) | 1461839 | 870191 | 1814384 | 265091 | 487099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares | (70665) | 425075 | (60) | 7 | (23) | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | 411 | (341) | 3718 | 1446 | 1846 | (200) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Translation of Foreign Currency-Denominated Amounts |  |  | 6776 | (558) | 1530 | (95) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) in Net Assets Resulting from Operations | (173571) | 1929557 | 1487792 | 2295136 | 322790 | 663438 |
|  Distributions: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Institutional Class Shares | (262006) | (252366) | (256442) | (461294) | (47563) | (127525) |
|  Capital Share Transactions (1): |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued | 552855 | 1151003 | 657086 | 759386 | 178269 | 251790 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued in Lieu of Cash Distributions | 252302 | 240943 | 218562 | 392762 | 47222 | 126606 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Redeemed | (1084976) | (2135079) | (1283478) | (1742549) | (279166) | (517260) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Capital Share Transactions | (279819) | (743133) | (407830) | (590401) | (53675) | (138864) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Increase (Decrease) in Net Assets | (715396) | 934058 | 823520 | 1243441 | 221552 | 397049 |
|  **Net Assets** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Beginning of Period | 7595939 | 6661881 | 11285138 | 10041697 | 3429184 | 3032135 |
| &nbsp;&nbsp;&nbsp;&nbsp; End of Period | $6880543 | $7595939 | $12108658 | $11285138 | $3650736 | $3429184 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued | 53280 | 113937 | 28393 | 34306 | 12721 | 18432 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued in Lieu of Cash Distributions | 24075 | 24143 | 9656 | 18136 | 3388 | 9297 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Redeemed | (104663) | (211716) | (55108) | (79027) | (19755) | (37780) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Shares Issued and Redeemed | (27308) | (73636) | (17059) | (26585) | (3646) | (10051) |

---

See accompanying Notes to Financial Statements.

794

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##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**STATEMENTS OF CHANGES IN NET ASSETS** 

**(Amounts in thousands)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **International High Relative<br>Profitability Portfolio** | **International High Relative<br>Profitability Portfolio** | **World ex U.S. Value<br>Portfolio#** | **World ex U.S. Value<br>Portfolio#** | **World ex U.S. Core Equity<br>Portfolio** | **World ex U.S. Core Equity<br>Portfolio** |
|  | **Six Months<br>Ended**<br>**Apr 30,<br>2025** | **Year**<br>**Ended**<br>**Oct 31,<br>2024** | **Six Months<br>Ended**<br>**Apr 30,<br>2025** | **Year<br>Ended<br>Oct 31,<br>2024** | **Six Months<br>Ended**<br>**Apr 30,<br>2025** | **Year**<br>**Ended**<br>**Oct 31,<br>2024** |
|  | **(Unaudited)** | | **(Unaudited)** | | **(Unaudited)** | |
|  **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
|  Operations: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | $20464 | $39505 | $4928 | $9944 | $53178 | $113577 |
| &nbsp;&nbsp;&nbsp;&nbsp; Capital Gain Distributions Received from Investment Securities |  |  | 193 | 27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold | (4083) | 27613 |  |  | 14226 | (2967) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares Sold | (3) | (1) | 210 | 235 | 3 | (4) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company |  |  | (114) | 2711 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | 53 | 306 |  | (19) | (1712) | 12096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Transactions | (256) | 437 |  |  | (1451) | (1551) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In-Kind Redemptions | 13772 | 30116 |  |  |  | 14076 |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities and Foreign Currency | 75442 | 163329 |  |  | 159043 | 628676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares | (7) | 1 | 2416 | 3469 | (22) | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company |  |  | 13524 | 36314 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures |  | 104 |  |  | 56 | 391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Translation of Foreign Currency-Denominated Amounts | 523 | 40 |  |  | 1227 | (133) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) in Net Assets Resulting from Operations | 105905 | 261450 | 21157 | 52681 | 224548 | 764163 |
|  Distributions: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Institutional Class Shares | (8766) | (38501) | (3950) | (11909) | (52103) | (125828) |
|  Capital Share Transactions (1): |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued | 190693 | 292773 | 26632 | 32521 | 253778 | 902559 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued in Lieu of Cash Distributions | 8541 | 37348 | 3771 | 11357 | 51933 | 125344 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Redeemed | (225199) | (497501) | (21372) | (43707) | (322201) | (943484) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Capital Share Transactions | (25965) | (167380) | 9031 | 171 | (16490) | 84419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Increase (Decrease) in Net Assets | 71174 | 55569 | 26238 | 40943 | 155955 | 722754 |
|  **Net Assets** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Beginning of Period | 1529047 | 1473478 | 282628 | 241685 | 4066463 | 3343709 |
| &nbsp;&nbsp;&nbsp;&nbsp; End of Period | $1600221 | $1529047 | $308866 | $282628 | $4222418 | $4066463 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued | 14835 | 22352 | 1988 | 2508 | 18876 | 69357 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued in Lieu of Cash Distributions | 650 | 2849 | 286 | 877 | 3856 | 9446 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Redeemed | (17221) | (38280) | (1603) | (3419) | (23968) | (70512) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Shares Issued and Redeemed | (1736) | (13079) | 671 | (34) | (1236) | 8291 |

---

# Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

795

------

##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**STATEMENTS OF CHANGES IN NET ASSETS** 

**(Amounts in thousands)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **World ex U.S. Targeted<br>Value Portfolio** | **World ex U.S. Targeted<br>Value Portfolio** | **World Core Equity<br>Portfolio** | **World Core Equity<br>Portfolio** | **Selectively Hedged<br>Global Equity Portfolio** | **Selectively Hedged<br>Global Equity Portfolio** |
|  | **Six Months<br>Ended**<br>**Apr 30,<br>2025** | **Year<br>Ended<br>Oct 31,<br>2024** | **Six Months<br>Ended**<br>**Apr 30,<br>2025** | **Year**<br>**Ended**<br>**Oct 31,**<br>**2024** | **Six Months<br>Ended**<br>**Apr 30,<br>2025** | **Year<br>Ended<br>Oct 31,<br>2024** |
|  | **(Unaudited)** | | **(Unaudited)** | | **(Unaudited)** | |
|  **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
|  Operations: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | $9249 | $20435 | $9204 | $22669 | $2687 | $6127 |
| &nbsp;&nbsp;&nbsp;&nbsp; Capital Gain Distributions Received from Investment Securities |  |  |  |  |  | 643 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold | (3054) | 4088 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares Sold | (1) | (1) | (20) | 21126 | (365) | 11043 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | (50) | 150 |  |  | (49) | 644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Transactions | (85) | (48) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  | 1333 | (1039) |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities and Foreign Currency | 40591 | 118261 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares | (2) |  | (11947) | 244993 | (4752) | 55205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | 167 |  |  |  | (60) | 259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Translation of Foreign Currency-Denominated Amounts | 276 | (21) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  | (2826) | 799 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) in Net Assets Resulting from Operations | 47091 | 142864 | (2763) | 288788 | (4032) | 73681 |
|  Distributions: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Institutional Class Shares | (6225) | (20450) | (24440) | (33899) | (16315) | (16496) |
|  Capital Share Transactions (1): |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued | 17997 | 31403 | 61771 | 71635 | 34960 | 26981 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued in Lieu of Cash Distributions | 6207 | 20403 | 20823 | 28906 | 16211 | 16391 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Redeemed | (50798) | (99372) | (59761) | (184039) | (32545) | (57252) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Capital Share Transactions | (26594) | (47566) | 22833 | (83498) | 18626 | (13880) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Increase (Decrease) in Net Assets | 14272 | 74848 | (4370) | 171391 | (1721) | 43305 |
|  **Net Assets** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Beginning of Period | 712102 | 637254 | 1129123 | 957732 | 298635 | 255330 |
| &nbsp;&nbsp;&nbsp;&nbsp; End of Period | $726374 | $712102 | $1124753 | $1129123 | $296914 | $298635 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued | 1235 | 2218 | 2519 | 3106 | 1581 | 1283 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued in Lieu of Cash Distributions | 415 | 1412 | 838 | 1294 | 744 | 871 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Redeemed | (3447) | (6931) | (2448) | (7923) | (1500) | (2781) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Shares Issued and Redeemed | (1797) | (3301) | 909 | (3523) | 825 | (627) |

---

See accompanying Notes to Financial Statements.

796

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**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**STATEMENTS OF CHANGES IN NET ASSETS** 

**(Amounts in thousands)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Emerging Markets**<br>**Portfolio#** | **Emerging Markets**<br>**Portfolio#** | **Emerging Markets**<br>**Small Cap Portfolio#** | **Emerging Markets**<br>**Small Cap Portfolio#** | **Emerging Markets Value**<br>**Portfolio#** | **Emerging Markets Value**<br>**Portfolio#** |
|  | **Six Months<br>Ended**<br>**Apr 30,**<br>**2025** | **Year**<br>**Ended**<br>**Oct 31,**<br>**2024** | **Six Months<br>Ended**<br>**Apr 30,**<br>**2025** | **Year**<br>**Ended**<br>**Oct 31,**<br>**2024** | **Six Months**<br>**Ended**<br>**Apr 30,**<br>**2025** | **Year**<br>**Ended**<br>**Oct 31,**<br>**2024** |
|  | **(Unaudited)** | | **(Unaudited)** | | **(Unaudited)** | |
|  **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
|  Operations: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | $55208 | $126686 | $31078 | $96158 | $142640 | $362016 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company | (34103) | (123337) | (160306) | (41750) | (95801) | 201683 |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company | (11656) | 1009914 | 38431 | 688635 | (96601) | 1646744 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) in Net Assets Resulting from Operations | 9449 | 1013263 | (90797) | 743043 | (49762) | 2210443 |
|  Distributions: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Institutional Class Shares | (64877) | (166182) | (50766) | (129086) | (208813) | (498903) |
|  Capital Share Transactions (1): |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued | 428615 | 779831 | 124319 | 316686 | 792326 | 1107678 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued in Lieu of Cash Distributions | 62246 | 159937 | 46548 | 119113 | 200066 | 473233 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Redeemed | (583862) | (820824) | (475880) | (1037905) | (1013128) | (2217144) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Capital Share Transactions | (93001) | 118944 | (305013) | (602106) | (20736) | (636233) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Increase (Decrease) in Net Assets | (148429) | 966025 | (446576) | 11851 | (279311) | 1075307 |
|  **Net Assets** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Beginning of Period | 5293090 | 4327065 | 3815970 | 3804119 | 11012141 | 9936834 |
| &nbsp;&nbsp;&nbsp;&nbsp; End of Period | $5144661 | $5293090 | $3369394 | $3815970 | $10732830 | $11012141 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued | 14817 | 27460 | 5370 | 13700 | 26335 | 36093 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued in Lieu of Cash Distributions | 2114 | 5561 | 1957 | 5080 | 6499 | 15492 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Redeemed | (20093) | (28788) | (20555) | (44508) | (33185) | (73010) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Shares Issued and Redeemed | (3162) | 4233 | (13228) | (25728) | (351) | (21425) |

---

# Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

797

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**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**STATEMENTS OF CHANGES IN NET ASSETS** 

**(Amounts in thousands)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Emerging Markets Core<br>Equity 2 Portfolio** | **Emerging Markets Core<br>Equity 2 Portfolio** | **Emerging Markets Targeted**<br>**Value Portfolio** | **Emerging Markets Targeted**<br>**Value Portfolio** | **Emerging Markets ex China Core<br>Equity Portfolio** | **Emerging Markets ex China Core<br>Equity Portfolio** |
|  | **Six Months<br>Ended**<br>**Apr 30,**<br>**2025** | **Year**<br>**Ended**<br>**Oct 31,**<br>**2024** | **Six Months<br>Ended**<br>**Apr 30,**<br>**2025** | **Year<br>Ended<br>Oct 31,<br>2024** | **Six Months<br>Ended**<br>**Apr 30,**<br>**2025** | **Year<br>Ended**<br>**Oct 31,<br>2024** |
|  | **(Unaudited)** | | **(Unaudited)** | | **(Unaudited)** | |
|  **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
|  Operations: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | $280131 | $714882 | $2281 | $5790 | $12017 | $19384 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold | (53565) | (248182) | (1733) | (4239) | (16642) | 1277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares Sold | (2) | (40) |  |  |  | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | (9443) | 45277 | (63) | 421 | (761) | 928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Transactions | (2829) | (5074) | (9) | (136) | (440) | (163) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In-Kind Redemptions |  | 18232 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities and Foreign Currency | (533729) | 4935739 | (6222) | 45069 | (28084) | 129583 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares | (53) | 7 | (1) |  | (1) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | 1029 | 8979 | (28) | 118 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Translation of Foreign Currency-Denominated Amounts | 1639 | (760) | 9 | (5) | 52 | (36) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) in Net Assets Resulting from Operations | (316822) | 5469060 | (5766) | 47018 | (33859) | 150972 |
|  Distributions: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Institutional Class Shares | (456224) | (885010) | (11365) | (12223) | (12665) | (21125) |
|  Capital Share Transactions (1): |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued | 2274217 | 4452858 | 26467 | 47908 | 489904 | 394316 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued in Lieu of Cash Distributions | 437270 | 845877 | 11199 | 11989 | 12230 | 19016 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Redeemed | (3008678) | (4590388) | (25736) | (49388) | (199035) | (213310) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Capital Share Transactions | (297191) | 708347 | 11930 | 10509 | 303099 | 200022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Increase (Decrease) in Net Assets | (1070237) | 5292397 | (5201) | 45304 | 256575 | 329869 |
|  **Net Assets** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Beginning of Period | 28287324 | 22994927 | 264482 | 219178 | 900959 | 571090 |
| &nbsp;&nbsp;&nbsp;&nbsp; End of Period | $27217087 | $28287324 | $259281 | $264482 | $1157534 | $900959 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued | 96713 | 193222 | 2387 | 4238 | 48402 | 38654 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued in Lieu of Cash Distributions | 18258 | 36400 | 988 | 1134 | 1197 | 1835 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Redeemed | (127582) | (197437) | (2321) | (4435) | (19961) | (20366) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Shares Issued and Redeemed | (12611) | 32185 | 1054 | 937 | 29638 | 20123 |

---

See accompanying Notes to Financial Statements.

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**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Large Cap International Portfolio** | **Large Cap International Portfolio** | **Large Cap International Portfolio** | **Large Cap International Portfolio** | **Large Cap International Portfolio** | **Large Cap International Portfolio** |
|  | <br> **Six Months<br>Ended**<br> **Apr 30,<br>2025** | <br> **Year**<br> **Ended**<br> **Oct 31,<br>2024** | <br> **Year**<br> **Ended**<br> **Oct 31,<br>2023** | <br> **Year**<br> **Ended**<br> **Oct 31,<br>2022** | <br> **Year**<br> **Ended**<br> **Oct 31,<br>2021** | <br> **Year**<br> **Ended**<br> **Oct 31,<br>2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $27.69 | $23.34 | $21.06 | $27.63 | $20.90 | $22.78 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.41 | 0.79 | 0.76 | 0.78 | 0.70 | 0.49 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | 1.96 | 4.45 | 2.22 | (6.54) | 6.70 | (1.87) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | 2.37 | 5.24 | 2.98 | (5.76) | 7.40 | (1.38) |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.32) | (0.89) | (0.70) | (0.81) | (0.67) | (0.50) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.32) | (0.89) | (0.70) | (0.81) | (0.67) | (0.50) |
|  Net Asset Value, End of Period | $29.74 | $27.69 | $23.34 | $21.06 | $27.63 | $20.90 |
|  Total Return | 8.62 %(B) | 22.59% | 14.00% | (21.12%) | 35.55% | (6.05%) |
|  Net Assets, End of Period (thousands) | $6367308 | $5940835 | $5118467 | $4820678 | $6032181 | $4700488 |
|  Ratio of Expenses to Average Net Assets | 0.17 %(C) | 0.17% | 0.17% | 0.17% | 0.19% | 0.22% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly) | 0.17 %(C) | 0.17% | 0.17% | 0.17% | 0.19% | 0.23% |
|  Ratio of Net Investment Income to Average Net Assets | 3.03 %(C) | 2.92% | 3.12% | 3.17% | 2.65% | 2.31% |
|  Portfolio Turnover Rate | 4 %(B) | 11% | 8% | 9% | 14% | 19% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

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**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **International Core Equity 2 Portfolio** | **International Core Equity 2 Portfolio** | **International Core Equity 2 Portfolio** | **International Core Equity 2 Portfolio** | **International Core Equity 2 Portfolio** | **International Core Equity 2 Portfolio** |
|  | <br> **Six Months<br>Ended**<br> **Apr 30,<br>2025** | <br> **Year**<br> **Ended**<br> **Oct 31,<br>2024** | <br> **Year**<br> **Ended**<br> **Oct 31,<br>2023** | <br> **Year**<br> **Ended**<br> **Oct 31,<br>2022** | <br> **Year**<br> **Ended**<br> **Oct 31,<br>2021** | <br> **Year**<br> **Ended**<br> **Oct 31,<br>2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $15.95 | $13.53 | $12.22 | $16.35 | $12.08 | $13.19 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.23 | 0.48 | 0.46 | 0.47 | 0.40 | 0.28 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | 1.18 | 2.48 | 1.25 | (4.07) | 4.24 | (1.11) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | 1.41 | 2.96 | 1.71 | (3.60) | 4.64 | (0.83) |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.19) | (0.54) | (0.40) | (0.53) | (0.37) | (0.28) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.19) | (0.54) | (0.40) | (0.53) | (0.37) | (0.28) |
|  Net Asset Value, End of Period | $17.17 | $15.95 | $13.53 | $12.22 | $16.35 | $12.08 |
|  Total Return | 8.96 %(B) | 22.01% | 13.84% | (22.29%) | 38.56% | (6.32%) |
|  Net Assets, End of Period (thousands) | $32766237 | $30958417 | $27369353 | $26208206 | $34629583 | $24965561 |
|  Ratio of Expenses to Average Net Assets | 0.23 %(C) | 0.23% | 0.23% | 0.24% | 0.25% | 0.30% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly) | 0.23 %(C) | 0.23% | 0.23% | 0.24% | 0.25% | 0.30% |
|  Ratio of Net Investment Income to Average Net Assets | 3.02 %(C) | 3.05% | 3.21% | 3.27% | 2.56% | 2.24% |
|  Portfolio Turnover Rate | 2 %(B) | 12% | 9% | 11% | 8% | 4% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

800

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**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Global Small Company Portfolio** | **Global Small Company Portfolio** | **Global Small Company Portfolio** | **Global Small Company Portfolio** | **Global Small Company Portfolio** | **Global Small Company Portfolio** |
|  | **Six Months<br>Ended**<br> **Apr 30,<br>2025** | **Year<br>Ended<br>Oct 31,<br>2024** | **Year<br>Ended<br>Oct 31,<br>2023** | **Year<br>Ended<br>Oct 31,<br>2022** | **Year<br>Ended<br>Oct 31,<br>2021** | **Year<br>Ended<br>Oct 31,<br>2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $15.74 | $12.62 | $12.52 | $15.52 | $10.50 | $11.07 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.12 | 0.25 | 0.24 | 0.23 | 0.22 | 0.15 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | (0.69) | 3.24 | 0.02 | (2.68) | 4.97 | (0.55) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | (0.57) | 3.49 | 0.26 | (2.45) | 5.19 | (0.40) |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.29) | (0.26) | (0.16) | (0.25) | (0.17) | (0.17) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gains | (0.12) | (0.11) |  | (0.30) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.41) | (0.37) | (0.16) | (0.55) | (0.17) | (0.17) |
|  Net Asset Value, End of Period | $14.76 | $15.74 | $12.62 | $12.52 | $15.52 | $10.50 |
|  Total Return | (3.80 %)(B) | 28.04% | 2.05% | (16.32%) | 49.81% | (3.75%) |
|  Net Assets, End of Period (thousands) | $93897 | $97501 | $73599 | $82920 | $99631 | $43568 |
|  Ratio of Expenses to Average Net Assets \*(D) | 0.42 %(C) | 0.42% | 0.42% | 0.44% | 0.47% | 0.47% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by<br>Advisor) \*(D) | 0.65 %(C) | 0.65% | 0.64% | 0.66% | 0.71% | 0.85% |
|  Ratio of Net Investment Income to Average Net Assets | 1.49 %(C) | 1.69% | 1.81% | 1.66% | 1.49% | 1.50% |
|  Portfolio Turnover Rate | 25 %(B) | 14% | N/A | N/A | N/A | N/A |
|  \* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred by the Portfolio indirectly as a result of Portfolio's investment in Underlying Funds as follows: | 0.22 %(C) | 0.22% | 0.22% | 0.22% | 0.24% | 0.27% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

801

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##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **International Small Company Portfolio** | **International Small Company Portfolio** | **International Small Company Portfolio** | **International Small Company Portfolio** | **International Small Company Portfolio** | **International Small Company Portfolio** |
|  | <br> **Six Months<br>Ended**<br> **Apr 30,<br>2025** | **Year**<br> **Ended**<br> **Oct 31,<br>2024** | **Year**<br> **Ended**<br> **Oct 31,<br>2023** | **Year<br>Ended**<br> **Oct 31,<br>2022** | **Year**<br> **Ended**<br> **Oct 31,<br>2021** | **Year**<br> **Ended**<br> **Oct 31,<br>2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $20.15 | $16.90 | $15.93 | $23.29 | $16.84 | $18.21 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.28 | 0.56 | 0.52 | 0.54 | 0.41 | 0.33 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | 1.33 | 3.32 | 1.19 | (6.44) | 6.42 | (0.93) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | 1.61 | 3.88 | 1.71 | (5.90) | 6.83 | (0.60) |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.27) | (0.63) | (0.53) | (0.67) | (0.38) | (0.37) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gains |  |  | (0.21) | (0.79) |  | (0.40) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.27) | (0.63) | (0.74) | (1.46) | (0.38) | (0.77) |
|  Net Asset Value, End of Period | $21.49 | $20.15 | $16.90 | $15.93 | $23.29 | $16.84 |
|  Total Return | 8.11 %(B) | 23.07% | 10.58% | (26.55%) | 40.83% | (3.64%) |
|  Net Assets, End of Period (thousands) | $11907219 | $12027928 | $10045487 | $9320095 | $13465853 | $10148132 |
|  Ratio of Expenses to Average Net Assets \*(D) | 0.39 %(C) | 0.39% | 0.39% | 0.41% | 0.46% | 0.53% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) \*(D) | 0.39 %(C) | 0.39% | 0.39% | 0.41% | 0.46% | 0.53% |
|  Ratio of Net Investment Income to Average Net Assets | 2.79 %(C) | 2.82% | 2.89% | 2.79% | 1.90% | 1.96% |
|  Portfolio Turnover Rate | N/A | N/A | N/A | N/A | N/A | N/A |
|  \* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred by the Portfolio indirectly as a result of Portfolio's investment in Underlying Funds as follows: | 0.12 %(C) | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

802

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##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Japanese Small Company Portfolio** | **Japanese Small Company Portfolio** | **Japanese Small Company Portfolio** | **Japanese Small Company Portfolio** | **Japanese Small Company Portfolio** | **Japanese Small Company Portfolio** |
|  | <br> **Six Months<br>Ended**<br> **Apr 30,<br>2025** | **Year<br>Ended<br>Oct 31,<br>2024** | **Year<br>Ended<br>Oct 31,<br>2023** | **Year<br>Ended<br>Oct 31,<br>2022** | **Year<br>Ended<br>Oct 31,<br>2021** | **Year<br>Ended<br>Oct 31,<br>2020** |
|  | **(Unaudited)** |  |  |  |  |  |
|  Net Asset Value, Beginning of Period | $22.73 | $20.96 | $18.69 | $25.80 | $23.39 | $24.89 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.34 | 0.52 | 0.49 | 0.48 | 0.44 | 0.40 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | 2.12 | 2.67 | 2.87 | (6.33) | 2.51 | (0.91) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | 2.46 | 3.19 | 3.36 | (5.85) | 2.95 | (0.51) |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.70) | (1.03) | (0.26) | (0.53) | (0.54) | (0.61) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gains |  | (0.39) | (0.83) | (0.73) |  | (0.38) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.70) | (1.42) | (1.09) | (1.26) | (0.54) | (0.99) |
|  Net Asset Value, End of Period | $24.49 | $22.73 | $20.96 | $18.69 | $25.80 | $23.39 |
|  Total Return | 11.08 %(B) | 15.64% | 18.33% | (23.79%) | 12.66% | (2.32%) |
|  Net Assets, End of Period (thousands) | $212367 | $217203 | $248620 | $267551 | $379837 | $466696 |
|  Ratio of Expenses to Average Net Assets (D) | 0.40 %(C) | 0.40% | 0.40% | 0.42% | 0.47% | 0.54% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (D) | 0.50 %(C) | 0.50% | 0.50% | 0.52% | 0.57% | 0.64% |
|  Ratio of Net Investment Income to Average Net Assets | 2.96 %(C) | 2.31% | 2.33% | 2.24% | 1.69% | 1.74% |
|  Portfolio Turnover Rate | N/A | N/A | N/A | N/A | N/A | N/A |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

803

------

##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Asia Pacific Small Company Portfolio** | **Asia Pacific Small Company Portfolio** | **Asia Pacific Small Company Portfolio** | **Asia Pacific Small Company Portfolio** | **Asia Pacific Small Company Portfolio** | **Asia Pacific Small Company Portfolio** |
|  | <br> **Six Months** | **Year** | **Year** | **Year** | **Year** | **Year** |
|  | **Ended** | **Ended** | **Ended** | **Ended** | **Ended** | **Ended** |
|  | **Apr 30,** | **Oct 31,** | **Oct 31,** | **Oct 31,** | **Oct 31,** | **Oct 31,** |
|  | **2025** | **2024** | **2023** | **2022** | **2021** | **2020** |
|  | **(Unaudited)** |  |  |  |  |  |
|  Net Asset Value, Beginning of Period | $18.49 | $15.90 | $17.39 | $26.94 | $20.13 | $21.11 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.23 | 0.59 | 0.73 | 0.84 | 0.75 | 0.75 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | (0.81) | 2.82 | (0.46) | (7.40) | 6.74 | (0.77) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | (0.58) | 3.41 | 0.27 | (6.56) | 7.49 | (0.02) |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.78) | (0.82) | (0.75) | (1.07) | (0.68) | (0.96) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gains |  |  | (1.01) | (1.92) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.78) | (0.82) | (1.76) | (2.99) | (0.68) | (0.96) |
|  Net Asset Value, End of Period | $17.13 | $18.49 | $15.90 | $17.39 | $26.94 | $20.13 |
|  Total Return | (3.16 %)(B) | 22.05% | 0.37% | (26.90%) | 37.81% | (0.23%) |
|  Net Assets, End of Period (thousands) | $144941 | $153631 | $163212 | $230202 | $381490 | $378682 |
|  Ratio of Expenses to Average Net Assets (D) | 0.42 %(C) | 0.41% | 0.40% | 0.42% | 0.48% | 0.54% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (D) | 0.52 %(C) | 0.51% | 0.50% | 0.52% | 0.58% | 0.64% |
|  Ratio of Net Investment Income to Average Net Assets | 2.74 %(C) | 3.36% | 4.08% | 3.95% | 3.01% | 3.92% |
|  Portfolio Turnover Rate | N/A | N/A | N/A | N/A | N/A | N/A |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

804

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##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **United Kingdom Small Company Portfolio** | **United Kingdom Small Company Portfolio** | **United Kingdom Small Company Portfolio** | **United Kingdom Small Company Portfolio** | **United Kingdom Small Company Portfolio** | **United Kingdom Small Company Portfolio** |
| | <br> **Six Months<br>Ended**<br> **Apr 30,<br>2025** | **Year<br>Ended<br>Oct 31,<br>2024** | **Year<br>Ended<br>Oct 31,<br>2023** | **Year<br>Ended<br>Oct 31,<br>2022** | **Year<br>Ended<br>Oct 31,<br>2021** | **Year<br>Ended<br>Oct 31,<br>2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $26.71 | $21.17 | $19.89 | $31.72 | $21.35 | $27.85 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.38 | 0.85 | 0.82 | 0.94 | 0.58 | 0.43 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | 0.54 | 5.78 | 0.96 | (11.25) | 10.31 | (4.00) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | 0.92 | 6.63 | 1.78 | (10.31) | 10.89 | (3.57) |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.40) | (1.09) | (0.50) | (0.97) | (0.52) | (0.68) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gains |  |  |  | (0.55) |  | (2.25) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.40) | (1.09) | (0.50) | (1.52) | (0.52) | (2.93) |
|  Net Asset Value, End of Period. | $27.23 | $26.71 | $21.17 | $19.89 | $31.72 | $21.35 |
|  Total Return | 3.48 %(B) | 31.58% | 8.78% | (33.62%) | 51.31% | (15.27%) |
|  Net Assets, End of Period (thousands) | $21492 | $20983 | $18698 | $18398 | $44133 | $16867 |
|  Ratio of Expenses to Average Net Assets (D) | 0.52 %(C) | 0.51% | 0.51% | 0.56% | 0.59% | 0.59% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (D) | 0.62 %(C) | 0.61% | 0.61% | 0.66% | 0.74% | 0.86% |
|  Ratio of Net Investment Income to Average Net Assets | 2.94 %(C) | 3.28% | 3.50% | 3.62% | 1.88% | 1.89% |
|  Portfolio Turnover Rate | N/A | N/A | N/A | N/A | N/A | N/A |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

805

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##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Continental Small Company Portfolio** | **Continental Small Company Portfolio** | **Continental Small Company Portfolio** | **Continental Small Company Portfolio** | **Continental Small Company Portfolio** | **Continental Small Company Portfolio** |
|  | <br> **Six Months<br>Ended**<br> **Apr 30,<br>2025** | **Year<br>Ended<br>Oct 31,<br>2024** | **Year<br>Ended<br>Oct 31,<br>2023** | **Year<br>Ended<br>Oct 31,<br>2022** | **Year<br>Ended<br>Oct 31,<br>2021** | **Year<br>Ended<br>Oct 31,<br>2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $30.92 | $25.68 | $23.75 | $35.27 | $23.82 | $24.84 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.26 | 0.86 | 0.81 | 0.76 | 0.57 | 0.40 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | 3.52 | 5.22 | 1.96 | (10.80) | 11.45 | (1.04) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | 3.78 | 6.08 | 2.77 | (10.04) | 12.02 | (0.64) |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.76) | (0.84) | (0.84) | (0.80) | (0.57) | (0.38) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gains |  |  |  | (0.68) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.76) | (0.84) | (0.84) | (1.48) | (0.57) | (0.38) |
|  Net Asset Value, End of Period | $33.94 | $30.92 | $25.68 | $23.75 | $35.27 | $23.82 |
|  Total Return | 12.58 %(B) | 23.74% | 11.43% | (29.26%) | 50.70% | (2.63%) |
|  Net Assets, End of Period (thousands) | $109318 | $796874 | $657020 | $616323 | $867759 | $537744 |
|  Ratio of Expenses to Average Net Assets (D) | 0.45 %(C) | 0.40% | 0.39% | 0.42% | 0.47% | 0.54% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (D) | 0.55 %(C) | 0.50% | 0.49% | 0.52% | 0.57% | 0.64% |
|  Ratio of Net Investment Income to Average Net Assets | 1.73 %(C) | 2.82% | 2.88% | 2.61% | 1.76% | 1.68% |
|  Portfolio Turnover Rate | N/A | N/A | N/A | N/A | N/A | N/A |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

806

------

##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **DFA International Real Estate Securities Portfolio** | **DFA International Real Estate Securities Portfolio** | **DFA International Real Estate Securities Portfolio** | **DFA International Real Estate Securities Portfolio** | **DFA International Real Estate Securities Portfolio** | **DFA International Real Estate Securities Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $3.74 | $3.26 | $3.38 | $5.04 | $3.77 | $5.61 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.07 | 0.15 | 0.16 | 0.15 | 0.16 | 0.15 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | (0.01) | 0.52 | (0.28) | (1.44) | 1.11 | (1.35) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | 0.06 | 0.67 | (0.12) | (1.29) | 1.27 | (1.20) |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.20) | (0.19) |  | (0.37) |  | (0.64) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.20) | (0.19) |  | (0.37) |  | (0.64) |
|  Net Asset Value, End of Period | $3.60 | $3.74 | $3.26 | $3.38 | $5.04 | $3.77 |
|  Total Return | 2.03 %(B) | 20.91% | (3.55%) | (27.50%) | 33.69% | (23.98%) |
|  Net Assets, End of Period (thousands) | $3191255 | $3410481 | $3514043 | $4452148 | $5987464 | $4646848 |
|  Ratio of Expenses to Average Net Assets | 0.27 %(C) | 0.27% | 0.26% | 0.27% | 0.27% | 0.26% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly) | 0.28 %(C) | 0.27% | 0.27% | 0.27% | 0.27% | 0.27% |
|  Ratio of Net Investment Income to Average Net Assets | 4.19 %(C) | 4.22% | 4.30% | 3.67% | 3.29% | 3.61% |
|  Portfolio Turnover Rate | 2 %(B) | 4% | 6% | 6% | 8% | 12% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

807

------

##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **DFA Global Real Estate Securities Portfolio** | **DFA Global Real Estate Securities Portfolio** | **DFA Global Real Estate Securities Portfolio** | **DFA Global Real Estate Securities Portfolio** | **DFA Global Real Estate Securities Portfolio** | **DFA Global Real Estate Securities Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $11.05 | $8.76 | $9.86 | $13.29 | $9.57 | $12.71 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.28 | 0.39 | 0.21 | 0.49 | 0.16 | 0.68 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | (0.52) | 2.24 | (0.76) | (3.32) | 3.80 | (3.00) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | (0.24) | 2.63 | (0.55) | (2.83) | 3.96 | (2.32) |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.38) | (0.34) | (0.14) | (0.48) | (0.20) | (0.70) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gains |  |  | (0.41) | (0.12) | (0.04) | (0.12) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.38) | (0.34) | (0.55) | (0.60) | (0.24) | (0.82) |
|  Net Asset Value, End of Period | $10.43 | $11.05 | $8.76 | $9.86 | $13.29 | $9.57 |
|  Total Return | (2.17 %)(B) | 30.50% | (6.27%) | (22.34%) | 42.08% | (19.28%) |
|  Net Assets, End of Period (thousands) | $6880543 | $7595939 | $6661881 | $7871073 | $10537586 | $7225825 |
|  Ratio of Expenses to Average Net Assets \*(D) | 0.22 %(C) | 0.22% | 0.23% | 0.24% | 0.24% | 0.24% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly) \*(D) | 0.28 %(C) | 0.28% | 0.31% | 0.33% | 0.34% | 0.34% |
|  Ratio of Net Investment Income to Average Net Assets | 5.59 %(C) | 3.83% | 2.12% | 4.14% | 1.33% | 6.44% |
|  Portfolio Turnover Rate | 1 %(B) | 3% |  | 1% | 1% |  |
|  \* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred by the Portfolio indirectly as a result of Portfolio's investment in Underlying Funds as follows: | 0.07 %(C) | 0.07% | 0.09% | 0.10% | 0.11% | 0.12% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

808

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##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **DFA International Small Cap Value Portfolio** | **DFA International Small Cap Value Portfolio** | **DFA International Small Cap Value Portfolio** | **DFA International Small Cap Value Portfolio** | **DFA International Small Cap Value Portfolio** | **DFA International Small Cap Value Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $22.73 | $19.20 | $16.81 | $22.14 | $15.65 | $18.58 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.37 | 0.71 | 0.66 | 0.61 | 0.44 | 0.33 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | 2.68 | 3.73 | 2.33 | (5.05) | 6.48 | (2.65) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | 3.05 | 4.44 | 2.99 | (4.44) | 6.92 | (2.32) |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.34) | (0.88) | (0.60) | (0.73) | (0.43) | (0.32) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gains | (0.18) | (0.03) |  | (0.16) |  | (0.29) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.52) | (0.91) | (0.60) | (0.89) | (0.43) | (0.61) |
|  Net Asset Value, End of Period | $25.26 | $22.73 | $19.20 | $16.81 | $22.14 | $15.65 |
|  Total Return | 13.68 %(B) | 23.41% | 17.80% | (20.53%) | 44.61% | (13.03%) |
|  Net Assets, End of Period (thousands) | $12108658 | $11285138 | $10041697 | $9664700 | $12784711 | $9887928 |
|  Ratio of Expenses to Average Net Assets | 0.42 %(C) | 0.43% | 0.43% | 0.46% | 0.53% | 0.65% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly) | 0.43 %(C) | 0.43% | 0.43% | 0.46% | 0.53% | 0.66% |
|  Ratio of Net Investment Income to Average Net Assets | 3.34 %(C) | 3.22% | 3.35% | 3.13% | 2.13% | 2.02% |
|  Portfolio Turnover Rate | 8 %(B) | 14% | 13% | 24% | 15% | 14% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

809

------

##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **International Vector Equity Portfolio** | **International Vector Equity Portfolio** | **International Vector Equity Portfolio** | **International Vector Equity Portfolio** | **International Vector Equity Portfolio** | **International Vector Equity Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $13.97 | $11.87 | $10.67 | $14.51 | $10.42 | $11.62 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.20 | 0.42 | 0.40 | 0.40 | 0.32 | 0.23 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | 1.12 | 2.19 | 1.14 | (3.52) | 4.06 | (1.20) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | 1.32 | 2.61 | 1.54 | (3.12) | 4.38 | (0.97) |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.19) | (0.51) | (0.34) | (0.45) | (0.29) | (0.23) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gains |  |  |  | (0.27) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.19) | (0.51) | (0.34) | (0.72) | (0.29) | (0.23) |
|  Net Asset Value, End of Period | $15.10 | $13.97 | $11.87 | $10.67 | $14.51 | $10.42 |
|  Total Return | 9.60 %(B) | 22.15% | 14.34% | (22.16%) | 42.24% | (8.41%) |
|  Net Assets, End of Period (thousands) | $3650736 | $3429184 | $3032135 | $2882931 | $3716790 | $2722859 |
|  Ratio of Expenses to Average Net Assets | 0.32 %(C) | 0.34% | 0.34% | 0.36% | 0.42% | 0.47% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly) | 0.32 %(C) | 0.34% | 0.34% | 0.36% | 0.42% | 0.48% |
|  Ratio of Net Investment Income to Average Net Assets | 3.01 %(C) | 3.06% | 3.20% | 3.16% | 2.35% | 2.20% |
|  Portfolio Turnover Rate | 5 %(B) | 27% | 13% | 17% | 15% | 18% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

810

------

##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **International High Relative Profitability Portfolio** | **International High Relative Profitability Portfolio** | **International High Relative Profitability Portfolio** | **International High Relative Profitability Portfolio** | **International High Relative Profitability Portfolio** | **International High Relative Profitability Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $12.91 | $11.20 | $10.12 | $13.73 | $10.64 | $10.74 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.17 | 0.32 | 0.32 | 0.38 | 0.30 | 0.21 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | 0.70 | 1.70 | 1.07 | (3.51) | 3.08 | (0.13) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | 0.87 | 2.02 | 1.39 | (3.13) | 3.38 | 0.08 |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.07) | (0.31) | (0.31) | (0.37) | (0.29) | (0.18) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gains |  |  |  | (0.11) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.07) | (0.31) | (0.31) | (0.48) | (0.29) | (0.18) |
|  Net Asset Value, End of Period | $13.71 | $12.91 | $11.20 | $10.12 | $13.73 | $10.64 |
|  Total Return | 6.80 %(B) | 18.04% | 13.58% | (23.22%) | 31.85% | 0.80% |
|  Net Assets, End of Period (thousands) | $1600221 | $1529047 | $1473478 | $1606634 | $2183724 | $1475345 |
|  Ratio of Expenses to Average Net Assets | 0.29 %(C) | 0.30% | 0.30% | 0.30% | 0.30% | 0.30% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly) | 0.30 %(C) | 0.30% | 0.30% | 0.30% | 0.30% | 0.31% |
|  Ratio of Net Investment Income to Average Net Assets | 2.66 %(C) | 2.45% | 2.71% | 3.15% | 2.30% | 1.97% |
|  Portfolio Turnover Rate | 7 %(B) | 15% | 11% | 22% | 15% | 15% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

811

------

##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **World Ex U.S. Value Portfolio** | **World Ex U.S. Value Portfolio** | **World Ex U.S. Value Portfolio** | **World Ex U.S. Value Portfolio** | **World Ex U.S. Value Portfolio** | **World Ex U.S. Value Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $13.28 | $11.34 | $10.14 | $12.67 | $8.99 | $10.97 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.23 | 0.47 | 0.48 | 0.47 | 0.38 | 0.25 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | 0.75 | 2.04 | 1.20 | (2.49) | 3.66 | (1.96) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | 0.98 | 2.51 | 1.68 | (2.02) | 4.04 | (1.71) |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.19) | (0.57) | (0.48) | (0.51) | (0.36) | (0.27) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.19) | (0.57) | (0.48) | (0.51) | (0.36) | (0.27) |
|  Net Asset Value, End of Period | $14.07 | $13.28 | $11.34 | $10.14 | $12.67 | $8.99 |
|  Total Return | 7.45 %(B) | 22.36% | 16.53% | (16.23%) | 45.23% | (15.76%) |
|  Net Assets, End of Period (thousands) | $308866 | $282628 | $241685 | $194259 | $308666 | $206915 |
|  Ratio of Expenses to Average Net Assets \*(D) | 0.37 %(C) | 0.38% | 0.36% | 0.40% | 0.44% | 0.50% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly) \*(D) | 0.55 %(C) | 0.57% | 0.55% | 0.59% | 0.64% | 0.71% |
|  Ratio of Net Investment Income to Average Net Assets | 3.45 %(C) | 3.65% | 4.08% | 4.02% | 3.14% | 2.56% |
|  Portfolio Turnover Rate | 5 %(B) | 13% | N/A | N/A | N/A | N/A |
|  \* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred by the Portfolio indirectly as a result of Portfolio's investment in Underlying Funds as follows: | 0.19 %(C) | 0.19% | 0.19% | 0.19% | 0.20% | 0.23% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

812

------

##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **World Ex U.S. Core Equity Portfolio** | **World Ex U.S. Core Equity Portfolio** | **World Ex U.S. Core Equity Portfolio** | **World Ex U.S. Core Equity Portfolio** | **World Ex U.S. Core Equity Portfolio** | **World Ex U.S. Core Equity Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $13.53 | $11.44 | $10.35 | $13.84 | $10.44 | $11.17 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.17 | 0.38 | 0.38 | 0.40 | 0.33 | 0.24 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | 0.58 | 2.14 | 1.08 | (3.48) | 3.40 | (0.74) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | 0.75 | 2.52 | 1.46 | (3.08) | 3.73 | (0.50) |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.17) | (0.43) | (0.37) | (0.41) | (0.33) | (0.23) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.17) | (0.43) | (0.37) | (0.41) | (0.33) | (0.23) |
|  Net Asset Value, End of Period | $14.11 | $13.53 | $11.44 | $10.35 | $13.84 | $10.44 |
|  Total Return | 5.64 %(B) | 22.10% | 14.01% | (22.55%) | 35.87% | (4.42%) |
|  Net Assets, End of Period (thousands) | $4222418 | $4066463 | $3343709 | $3122060 | $4089166 | $3210237 |
|  Ratio of Expenses to Average Net Assets | 0.30 %(C) | 0.30% | 0.30% | 0.30% | 0.32% | 0.35% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly) | 0.30 %(C) | 0.30% | 0.30% | 0.30% | 0.32% | 0.36% |
|  Ratio of Net Investment Income to Average Net Assets | 2.65 %(C) | 2.87% | 3.12% | 3.25% | 2.49% | 2.26% |
|  Portfolio Turnover Rate | 5 %(B) | 18% | 10% | 12% | 6% | 13% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

813

------

##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **World Ex U.S. Targeted Value Portfolio** | **World Ex U.S. Targeted Value Portfolio** | **World Ex U.S. Targeted Value Portfolio** | **World Ex U.S. Targeted Value Portfolio** | **World Ex U.S. Targeted Value Portfolio** | **World Ex U.S. Targeted Value Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $14.80 | $12.39 | $11.02 | $15.29 | $10.91 | $12.45 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.19 | 0.41 | 0.40 | 0.39 | 0.32 | 0.23 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | 0.82 | 2.42 | 1.35 | (3.55) | 4.34 | (1.45) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | 1.01 | 2.83 | 1.75 | (3.16) | 4.66 | (1.22) |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.13) | (0.42) | (0.38) | (0.39) | (0.28) | (0.21) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gains |  |  |  | (0.72) |  | (0.11) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.13) | (0.42) | (0.38) | (1.11) | (0.28) | (0.32) |
|  Net Asset Value, End of Period | $15.68 | $14.80 | $12.39 | $11.02 | $15.29 | $10.91 |
|  Total Return | 6.88 %(B) | 22.91% | 15.76% | (21.77%) | 42.81% | (9.96%) |
|  Net Assets, End of Period (thousands) | $726374 | $712102 | $637254 | $567557 | $774324 | $508058 |
|  Ratio of Expenses to Average Net Assets | 0.48 %(C) | 0.48% | 0.48% | 0.52% | 0.55% | 0.64% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly) | 0.48 %(C) | 0.48% | 0.48% | 0.52% | 0.55% | 0.64% |
|  Ratio of Net Investment Income to Average Net Assets | 2.67 %(C) | 2.87% | 3.08% | 2.98% | 2.20% | 2.02% |
|  Portfolio Turnover Rate | 9 %(B) | 20% | 24% | 35% | 28% | 22% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

814

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##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **World Core Equity Portfolio** | **World Core Equity Portfolio** | **World Core Equity Portfolio** | **World Core Equity Portfolio** | **World Core Equity Portfolio** | **World Core Equity Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $24.56 | $19.35 | $18.24 | $22.56 | $16.29 | $16.42 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.20 | 0.47 | 0.39 | 0.45 | 0.34 | 0.29 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | (0.24) | 5.44 | 1.38 | (4.15) | 6.27 | (0.10) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | (0.04) | 5.91 | 1.77 | (3.70) | 6.61 | 0.19 |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.20) | (0.47) | (0.39) | (0.45) | (0.34) | (0.29) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gains | (0.33) | (0.23) | (0.27) | (0.17) |  | (0.03) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.53) | (0.70) | (0.66) | (0.62) | (0.34) | (0.32) |
|  Net Asset Value, End of Period | $23.99 | $24.56 | $19.35 | $18.24 | $22.56 | $16.29 |
|  Total Return | (0.24 %)(B) | 30.94% | 9.65% | (16.62%) | 40.75% | 1.25% |
|  Net Assets, End of Period (thousands) | $1124753 | $1129123 | $957732 | $949017 | $1088714 | $769602 |
|  Ratio of Expenses to Average Net Assets \*(D) | 0.27 %(C) | 0.27% | 0.27% | 0.27% | 0.28% | 0.32% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed<br>by Advisor) \*(D) | 0.44 %(C) | 0.44% | 0.44% | 0.45% | 0.46% | 0.56% |
|  Ratio of Net Investment Income to Average Net Assets | 1.62 %(C) | 2.06% | 1.94% | 2.22% | 1.64% | 1.81% |
|  Portfolio Turnover Rate | 2 %(B) | 4% | N/A | N/A | N/A | N/A |
|  \* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred by the Portfolio indirectly as a result of Portfolio's investment in Underlying Funds as follows: | 0.20 %(C) | 0.20% | 0.20% | 0.20% | 0.22% | 0.25% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

815

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##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Selectively Hedged Global Equity Portfolio** | **Selectively Hedged Global Equity Portfolio** | **Selectively Hedged Global Equity Portfolio** | **Selectively Hedged Global Equity Portfolio** | **Selectively Hedged Global Equity Portfolio** | **Selectively Hedged Global Equity Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $22.15 | $18.10 | $18.09 | $22.35 | $16.21 | $16.54 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.19 | 0.44 | 0.37 | 0.44 | 0.33 | 0.28 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | (0.40) | 4.80 | 1.28 | (3.29) | 6.21 | (0.18) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | (0.21) | 5.24 | 1.65 | (2.85) | 6.54 | 0.10 |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.41) | (0.47) | (1.03) | (0.44) | (0.20) | (0.43) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gains | (0.77) | (0.72) | (0.61) | (0.97) | (0.20) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (1.18) | (1.19) | (1.64) | (1.41) | (0.40) | (0.43) |
|  Net Asset Value, End of Period | $20.76 | $22.15 | $18.10 | $18.09 | $22.35 | $16.21 |
|  Total Return | (1.21 %)(B) | 30.12% | 9.43% | (13.65%) | 40.81% | 0.47% |
|  Net Assets, End of Period (thousands) | $296914 | $298635 | $255330 | $270708 | $348707 | $288509 |
|  Ratio of Expenses to Average Net Assets \*(D) | 0.31 %(C) | 0.32% | 0.32% | 0.31% | 0.32% | 0.36% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) \*(D) | 0.50 %(C) | 0.51% | 0.52% | 0.51% | 0.53% | 0.61% |
|  Ratio of Net Investment Income to Average Net Assets | 1.77 %(C) | 2.13% | 2.02% | 2.25% | 1.60% | 1.78% |
|  Portfolio Turnover Rate | 9 %(B) | 11% | N/A | N/A | N/A | N/A |
|  \* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred by the Portfolio indirectly as a result of Portfolio's investment in Underlying Funds as follows: | 0.23 %(C) | 0.23% | 0.23% | 0.24% | 0.25% | 0.28% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

816

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##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Emerging Markets Portfolio** | **Emerging Markets Portfolio** | **Emerging Markets Portfolio** | **Emerging Markets Portfolio** | **Emerging Markets Portfolio** | **Emerging Markets Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $29.78 | $24.94 | $22.78 | $33.05 | $27.64 | $27.56 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.31 | 0.73 | 0.82 | 0.88 | 0.74 | 0.55 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | (0.25) | 5.06 | 2.17 | (9.07) | 5.32 | 0.07 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | 0.06 | 5.79 | 2.99 | (8.19) | 6.06 | 0.62 |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.37) | (0.95) | (0.77) | (0.91) | (0.65) | (0.54) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gains |  |  | (0.06) | (1.17) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.37) | (0.95) | (0.83) | (2.08) | (0.65) | (0.54) |
|  Net Asset Value, End of Period | $29.47 | $29.78 | $24.94 | $22.78 | $33.05 | $27.64 |
|  Total Return | 0.19 %(B) | 23.41% | 13.02% | (25.94%) | 21.91% | 2.36% |
|  Net Assets, End of Period (thousands) | $5144661 | $5293090 | $4327065 | $3938781 | $6225187 | $5652358 |
|  Ratio of Expenses to Average Net Assets (D) | 0.36 %(C) | 0.36% | 0.35% | 0.36% | 0.39% | 0.44% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (D) | 0.46 %(C) | 0.46% | 0.45% | 0.46% | 0.49% | 0.54% |
|  Ratio of Net Investment Income to Average Net Assets | 2.15 %(C) | 2.54% | 3.11% | 3.05% | 2.19% | 2.07% |
|  Portfolio Turnover Rate | N/A | N/A | N/A | N/A | N/A | N/A |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

817

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**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Emerging Markets Small Cap Portfolio** | **Emerging Markets Small Cap Portfolio** | **Emerging Markets Small Cap Portfolio** | **Emerging Markets Small Cap Portfolio** | **Emerging Markets Small Cap Portfolio** | **Emerging Markets Small Cap Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $24.13 | $20.69 | $18.76 | $26.03 | $19.67 | $20.07 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.20 | 0.56 | 0.55 | 0.59 | 0.52 | 0.41 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | (0.75) | 3.64 | 2.28 | (6.16) | 6.41 | (0.24) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | (0.55) | 4.20 | 2.83 | (5.57) | 6.93 | 0.17 |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.33) | (0.76) | (0.49) | (1.00) | (0.57) | (0.44) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gains |  |  | (0.41) | (0.70) |  | (0.13) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.33) | (0.76) | (0.90) | (1.70) | (0.57) | (0.57) |
|  Net Asset Value, End of Period | $23.25 | $24.13 | $20.69 | $18.76 | $26.03 | $19.67 |
|  Total Return | (2.32 %)(B) | 20.44% | 15.09% | (22.57%) | 35.51% | 0.81% |
|  Net Assets, End of Period (thousands) | $3369394 | $3815970 | $3804119 | $3511909 | $5115924 | $4879733 |
|  Ratio of Expenses to Average Net Assets (D) | 0.62 %(C) | 0.61% | 0.59% | 0.59% | 0.63% | 0.69% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (D) | 0.82 %(C) | 0.81% | 0.79% | 0.79% | 0.83% | 0.89% |
|  Ratio of Net Investment Income to Average Net Assets | 1.77 %(C) | 2.40% | 2.59% | 2.57% | 2.10% | 2.20% |
|  Portfolio Turnover Rate | N/A | N/A | N/A | N/A | N/A | N/A |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

818

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##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Emerging Markets Value Portfolio** | **Emerging Markets Value Portfolio** | **Emerging Markets Value Portfolio** | **Emerging Markets Value Portfolio** | **Emerging Markets Value Portfolio** | **Emerging Markets Value Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $31.51 | $26.79 | $24.08 | $31.48 | $23.93 | $27.34 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.41 | 1.02 | 1.12 | 1.32 | 0.90 | 0.71 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | (0.57) | 5.12 | 2.68 | (7.34) | 7.50 | (3.35) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | (0.16) | 6.14 | 3.80 | (6.02) | 8.40 | (2.64) |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.60) | (1.42) | (1.09) | (1.39) | (0.85) | (0.77) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.60) | (1.42) | (1.09) | (1.39) | (0.85) | (0.77) |
|  Net Asset Value, End of Period | $30.75 | $31.51 | $26.79 | $24.08 | $31.48 | $23.93 |
|  Total Return | (0.52 %)(B) | 23.14% | 15.71% | (19.51%) | 35.24% | (9.75%) |
|  Net Assets, End of Period (thousands) | $10732830 | $11012141 | $9936834 | $9600125 | $13258001 | $12596902 |
|  Ratio of Expenses to Average Net Assets (D) | 0.44 %(C) | 0.45% | 0.44% | 0.45% | 0.49% | 0.52% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly) (D) | 0.54 %(C) | 0.55% | 0.54% | 0.55% | 0.59% | 0.62% |
|  Ratio of Net Investment Income to Average Net Assets | 2.68 %(C) | 3.34% | 4.03% | 4.49% | 2.92% | 2.87% |
|  Portfolio Turnover Rate | N/A | N/A | N/A | N/A | N/A | N/A |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

819

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##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Emerging Markets Core Equity 2 Portfolio** | **Emerging Markets Core Equity 2 Portfolio** | **Emerging Markets Core Equity 2 Portfolio** | **Emerging Markets Core Equity 2 Portfolio** | **Emerging Markets Core Equity 2 Portfolio** | **Emerging Markets Core Equity 2 Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $24.31 | $20.32 | $18.13 | $25.16 | $20.34 | $20.59 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.23 | 0.62 | 0.67 | 0.75 | 0.57 | 0.43 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | (0.50) | 4.14 | 2.15 | (6.97) | 4.76 | (0.22) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | (0.27) | 4.76 | 2.82 | (6.22) | 5.33 | 0.21 |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.39) | (0.77) | (0.63) | (0.81) | (0.51) | (0.46) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.39) | (0.77) | (0.63) | (0.81) | (0.51) | (0.46) |
|  Net Asset Value, End of Period | $23.65 | $24.31 | $20.32 | $18.13 | $25.16 | $20.34 |
|  Total Return | (1.12 %)(B) | 23.66% | 15.49% | (25.06%) | 26.19% | 1.13% |
|  Net Assets, End of Period (thousands) | $27217087 | $28287324 | $22994927 | $20968575 | $29155369 | $24780700 |
|  Ratio of Expenses to Average Net Assets | 0.39 %(C) | 0.40% | 0.39% | 0.40% | 0.42% | 0.49% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly) | 0.39 %(C) | 0.40% | 0.39% | 0.40% | 0.42% | 0.50% |
|  Ratio of Net Investment Income to Average Net Assets | 2.07 %(C) | 2.66% | 3.18% | 3.33% | 2.26% | 2.19% |
|  Portfolio Turnover Rate | 2 %(B) | 9% | 11% | 14% | 10% | 15% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

820

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##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Emerging**<br>**Markets Targeted**<br>**Value Portfolio** | **Emerging**<br>**Markets Targeted**<br>**Value Portfolio** | **Emerging**<br>**Markets Targeted**<br>**Value Portfolio** | **Emerging**<br>**Markets Targeted**<br>**Value Portfolio** | **Emerging**<br>**Markets Targeted**<br>**Value Portfolio** | **Emerging**<br>**Markets Targeted**<br>**Value Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $11.87 | $10.27 | $9.29 | $13.13 | $9.71 | $10.43 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.10 | 0.26 | 0.27 | 0.30 | 0.28 | 0.21 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | (0.35) | 1.91 | 1.13 | (2.85) | 3.39 | (0.59) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | (0.25) | 2.17 | 1.40 | (2.55) | 3.67 | (0.38) |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.51) | (0.39) | (0.24) | (0.42) | (0.23) | (0.23) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gains |  | (0.18) | (0.18) | (0.87) | (0.02) | (0.11) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.51) | (0.57) | (0.42) | (1.29) | (0.25) | (0.34) |
|  Net Asset Value, End of Period | $11.11 | $11.87 | $10.27 | $9.29 | $13.13 | $9.71 |
|  Total Return | (2.23 %)(B) | 21.82% | 15.20% | (21.40%) | 38.29% | (3.89%) |
|  Net Assets, End of Period (thousands) | $259281 | $264482 | $219178 | $189926 | $234921 | $170163 |
|  Ratio of Expenses to Average Net Assets | 0.58 %(C) | 0.60% | 0.66% | 0.66% | 0.72% | 0.84% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly) | 0.63 %(C) | 0.70% | 0.67% | 0.66% | 0.72% | 0.87% |
|  Ratio of Net Investment Income to Average Net Assets | 1.79 %(C) | 2.32% | 2.55% | 2.72% | 2.19% | 2.26% |
|  Portfolio Turnover Rate | 10 %(B) | 30% | 24% | 28% | 29% | 34% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

821

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##### [**Table of Contents**](#toc)
**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Emerging**<br>**Markets Ex China Core**<br>**Equity Portfolio** | **Emerging**<br>**Markets Ex China Core**<br>**Equity Portfolio** | **Emerging**<br>**Markets Ex China Core**<br>**Equity Portfolio** | **Emerging**<br>**Markets Ex China Core**<br>**Equity Portfolio** |
| | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Period**<br> **Nov 15,**<br> **2021 ![LOGO](g911082g01p00.jpg) to**<br> **Oct 31,**<br> **2022** |
|  | **(Unaudited)** | | | |
|  Net Asset Value, Beginning of Period | $10.43 | $8.62 | $7.76 | $10.00 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) |  | 0.24 | 0.26 | 0.28 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | (0.35) | 1.83 | 0.83 | (2.28) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | (0.35) | 2.07 | 1.09 | (2.00) |
|  <u>Less Distributions:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.11) | (0.26) | (0.23) | (0.24) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.11) | (0.26) | (0.23) | (0.24) |
|  Net Asset Value, End of Period | $9.97 | $10.43 | $8.62 | $7.76 |
|  Total Return | (3.34 %)(B) | 24.04% | 14.04% | (20.16 %)(B) |
|  Net Assets, End of Period (thousands) | $1157534 | $900959 | $571090 | $424447 |
|  Ratio of Expenses to Average Net Assets | 0.43 %(C) | 0.43% | 0.42% | 0.43 %(C) |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor and Fees Paid Indirectly) | 0.43 %(C) | 0.45% | 0.47% | 0.54 %(C) |
|  Ratio of Net Investment Income to Average Net Assets | 2.22 %(C) | 2.32% | 2.94% | 3.20 %(C) |
|  Portfolio Turnover Rate | 6 %(B) | 15% | 16% | 41 %(B) |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

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**DFA INVESTMENT DIMENSIONS GROUP INC.** 

**NOTES TO FINANCIAL STATEMENTS** 

**(UNAUDITED)** 

**A. Organization:** 

DFA Investment Dimensions Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940 (the "1940 Act"), whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of one hundred and two operational portfolios as of April 30, 2025, of which twenty-four (the "Portfolios") are included in this section of the report. The remaining operational portfolios are presented in separate reports. The Portfolios are investment companies, and accordingly, follow the accounting and reporting guidance under the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC"), Topic 946, "Financial Services-Investment Companies."

Effective February 28, 2025, the following Portfolios changed their names as detailed below:

---

| | |
|:---|:---|
| **New Name** | **Former Name** |
|  International Core Equity 2 Portfolio | International Core Equity Portfolio |
|  Emerging Markets Core Equity 2 Portfolio | Emerging Markets Core Equity Portfolio |

---

Of the Portfolios, seven invest all of their assets in a corresponding series (each such Portfolio, a "Feeder Fund"). Of the Feeder Funds, six invest all of their assets in a corresponding series of The DFA Investment Trust Company ("DFAITC") and one invests all of its assets in the Dimensional Emerging Markets Value Fund ("DEM") (each such series within DFAITC and DEM, a "Master Fund"). Six of the Portfolios generally allocate their assets among other funds (each such underlying fund, an "Underlying Fund") managed by Dimensional Fund Advisors LP (the "Advisor") (each such Portfolio, a "Fund of Funds"). The Fund of Funds may also invest in affiliated and unaffiliated registered and unregistered money market funds. The International Small Company Portfolio invests in five Underlying Funds within DFAITC. The Global Small Company Portfolio invests in six Underlying Funds within DFAITC and one Underlying Fund within the Fund. The DFA Global Real Estate Securities Portfolio invests in two Underlying Funds within the Fund and directly in securities. The World ex U.S. Value Portfolio invests in three Master/Underlying Funds within the Fund, DFAITC, and DEM. The World Core Equity Portfolio and Selectively Hedged Global Equity Portfolio each invest in three Underlying Funds within the Fund. As of April 30, 2025, the following Portfolios were the owner of record of the following approximate percentages of the total outstanding shares of the following Master/Underlying Funds as detailed below.

---

| | | |
|:---|:---|:---|
| **Feeder Funds** | **Master Funds** | **Percentage<br>Ownership<br>04/30/25** |
|  Japanese Small Company Portfolio | The Japanese Small Company Series | 7% |
|  Asia Pacific Small Company Portfolio | The Asia Pacific Small Company Series | 11% |
|  United Kingdom Small Company Portfolio | The United Kingdom Small Company Series | 1% |
|  Continental Small Company Portfolio | The Continental Small Company Series | 2% |
|  Emerging Markets Portfolio | The Emerging Markets Series | 99% |
|  Emerging Markets Small Cap Portfolio | The Emerging Markets Small Cap Series | 99% |
|  Emerging Markets Value Portfolio | Dimensional Emerging Markets Value Fund | 98% |
| **Funds of Funds** | **Underlying Funds** | **Percentage<br>Ownership<br>04/30/25** |
|  International Small Company Portfolio | The Continental Small Company Series | 98% |
|  | The Japanese Small Company Series | 93% |

---

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---

| | | |
|:---|:---|:---|
| **Funds of Funds** | **Underlying Funds** | **Percentage<br>Ownership<br>04/30/25** |
|  | The United Kingdom Small Company Series | 98% |
|  | The Asia Pacific Small Company Series | 89% |
|  | The Canadian Small Company Series | 99% |
|  Global Small Company Portfolio | U.S. Small Cap Portfolio |  |
|  | The Continental Small Company Series |  |
|  | The Japanese Small Company Series |  |
|  | The Asia Pacific Small Company Series |  |
|  | The Canadian Small Company Series |  |
|  | The Emerging Markets Small Cap Series |  |
|  | The United Kingdom Small Company Series |  |
|  DFA Global Real Estate Securities Portfolio\* | DFA Real Estate Securities Portfolio |  |
|  | DFA International Real Estate Securities Portfolio | 55% |
|  World ex U.S. Value Portfolio | Dimensional Emerging Markets Value Fund | 7% |
|  | DFA International Small Cap Value Portfolio |  |
|  | The DFA International Value Series |  |
|  World Core Equity Portfolio | U.S. Core Equity 1 Portfolio | 2% |
|  | International Core Equity 2 Portfolio | 1% |
|  | Emerging Markets Core Equity 2 Portfolio |  |
|  Selectively Hedged Global Equity Portfolio | U.S. Core Equity 2 Portfolio | 1% |
|  | International Core Equity 2 Portfolio |  |
|  | Emerging Markets Core Equity 2 Portfolio |  |

---

\* DFA Global Real Estate Securities Portfolio invests in two Underlying Funds as indicated and securities listed on its Schedule of Investments.

To achieve its investment objective, each Feeder Fund and Fund of Funds invests substantially all of its assets in corresponding Master and/or Underlying Funds as indicated above. The DFA Global Real Estate Securities Portfolio may pursue its investment objective by investing its assets in its Underlying Funds and/or directly in securities of companies in the real estate industry. Each Feeder Fund and Fund of Funds also invests in short-term temporary cash investments and futures. In addition, each Fund of Funds may engage in forward currency contracts.

The financial statements of the Feeder Funds' Master Funds are included elsewhere in this report and should be read in conjunction with the financial statements of the Feeder Funds.

**B. Significant Accounting Policies:** 

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America ("GAAP"). Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates, and those differences could be material.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. *Security Valuation*: The Portfolios use a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

● Level 1 – inputs are quoted prices in active
 markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

● Level 2 – other significant observable inputs
 (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

● Level 3 – significant unobservable inputs (including
 the Portfolios' own assumptions in determining the fair value of investments)

Securities held by Large Cap International Portfolio, International Core Equity 2 Portfolio, DFA International Real Estate Securities Portfolio, DFA Global Real Estate Securities Portfolio, DFA International Small Cap Value Portfolio, International Vector Equity Portfolio, World ex U.S. Core Equity Portfolio, World ex U.S. Targeted Value Portfolio, Emerging Markets Core Equity 2 Portfolio, International High Relative Profitability Portfolio, Emerging Markets Targeted Value Portfolio and Emerging Markets ex China Core Equity Portfolio (the "International Equity Portfolios"), including over-the-counter securities, are valued at the last quoted sale price of the day. International equity securities are subject to a fair value factor, as described later in this note. Securities held by the International Equity Portfolios that are listed on Nasdaq are valued at the Nasdaq Official Closing Price ("NOCP"). If there is no last reported sale price or NOCP for the day, the International Equity Portfolios value the securities at the mean between the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange ("NYSE"). These securities are generally categorized as Level 1 in the hierarchy. The investment in The DFA Short Term Investment Fund, which is an open-end management investment company available for purchase only by the Portfolios and affiliated funds, is categorized as Level 2 in the hierarchy.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Directors of the Fund (the "Board"). Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of the Advisor occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the International Equity Portfolios may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

The International Equity Portfolios will also apply a fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 2:00 a.m. ET), which is fourteen hours before the close of the NYSE (normally, 4:00 p.m. ET) and the time at which the net asset values of the International Equity Portfolios are computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the pricing of the International Equity Portfolios' shares (at the close of the NYSE), the International Equity Portfolios will fair-value their foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets' perceptions and trading activities on the International Equity Portfolios' foreign investments since the last calculated closing prices of the foreign investments on their primary foreign securities markets or exchanges. For these purposes, the Advisor has determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable. Fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the International Equity Portfolios uses data furnished by an independent pricing service (and that data draws upon, among other information,

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the market values of foreign investments). When an International Equity Portfolio uses fair value pricing, the values assigned to the International Equity Portfolio's foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges. These securities are generally categorized as Level 2 in the hierarchy.

Debt securities held by the Portfolios are valued on the basis of evaluated prices provided by one or more pricing services or other reasonably reliable sources including broker/dealers that typically handle the purchase and sale of such securities. Securities that are traded OTC and on a stock exchange generally will be valued according to the broadest and most representative market, and it is expected that for bonds and other fixed income securities, this ordinarily will be the OTC market. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

Listed derivatives, such as futures, that are actively traded are valued based on quoted prices from the exchange and are categorized as Level 1 in the hierarchy. OTC derivative contracts, which include forward currency contracts, do not require material subjectivity as pricing inputs are observed from quoted markets and are categorized as Level 2 in the hierarchy.

Shares held by the Portfolios in other investment companies (such as the Master/Underlying Funds) are valued at their respective daily net asset values as reported by their administrator. The Feeder Funds', International Small Company Portfolio's, Global Small Company Portfolio's and World ex U.S. Value Portfolio's investments in series of either DFAITC or DEM reflect their proportionate interest in the net assets of such corresponding Underlying Fund(s). These valuations are classified as Level 1 in the hierarchy.

A summary of the inputs used to value the Portfolios' investments by each major security type, industry and/or country is disclosed previously in this note. A valuation hierarchy table has been included at the end of the Schedule of Investments (except for the Feeder Funds). The methodology or inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. *Foreign Currency Translation:* Securities and other assets and liabilities of the Portfolios whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate the translation, the Portfolios enter into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked-to-market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement. The Portfolios also enter into forward currency contracts for the purpose of hedging against fluctuations in currency exchange rates. These contracts are marked-to-market daily based on daily forward exchange rates.

The International Equity Portfolios do not isolate the effect of foreign exchange rate fluctuations from the effect of fluctuations in the market prices of securities, whether realized or unrealized. However, the Selectively Hedged Global Equity Portfolio does isolate the effect of foreign currency rate fluctuations when determining the realized gain or loss upon the sale or maturity of foreign currency-denominated debt obligations pursuant to U.S. Federal income tax regulations; such amounts are categorized as foreign exchange gain or loss for income tax reporting purposes.

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates of securities transactions, and the difference between amounts of interest, dividends and any foreign withholding taxes recorded on the books of the International Equity Portfolios and Selectively Hedged Global Equity Portfolio and the U.S. dollar equivalent amounts actually received or paid.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. *Deferred Compensation Plan:* Each eligible Director of the Fund may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds, each of which are affiliates of the Portfolios, and advised by the Advisor: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company Portfolio, U.S. Vector Equity Portfolio, U.S. Micro Cap Portfolio, DFA International Value Portfolio, International Core Equity 2 Portfolio, Emerging Markets Portfolio, Emerging Markets Core Equity 2 Portfolio, DFA

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Inflation-Protected Securities Portfolio, and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors'/Trustees' Fees & Expenses.

The Directors may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Director shall have the right in a notice of election (the "Notice") to defer the receipt of the Director's deferred compensation until a date specified by such Director in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board; and (ii) five years following the effective date of the Director's first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director's deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board (unless the Director files an amended Notice selecting a different distribution date).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. *Other:* Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities/affiliated investment companies and foreign currency are accounted for on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. Distributions received on securities and from the investment in affiliated investment companies that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Portfolios estimate the character of received distributions that may be considered return of capital distributions. Interest income is recorded on an accrual basis. Discount and premium on debt securities purchased are amortized over the lives of the respective securities, using the effective interest method. Expenses directly attributable to a Portfolio are directly charged. Common expenses of the Fund or the Portfolios are allocated using methods approved by the Board, generally based on average net assets.

Organizational costs are expensed during the fiscal year of inception of the Portfolios. Offering costs are amortized over a twelve-month period from the inception of the Portfolios.

The Feeder Funds, International Small Company Portfolio, Global Small Company Portfolio, and World ex U.S. Value Portfolio recognize their pro-rata shares of net investment income and realized and unrealized gains/losses on a daily basis from their respective Master Fund(s) within DFAITC or DEM, which are treated as partnerships for federal income tax purposes.

The Portfolios may be subject to taxes imposed by countries in which they invest with respect to their investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The Portfolios accrue such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental approval for the repatriation of investment income, capital or the proceeds of sales earned by foreign investors. Additionally, if there is a deterioration in a country's balance of payments or for other reasons, a country may impose temporary restrictions on foreign capital remittances abroad.

The Emerging Markets Portfolio, Emerging Markets Small Cap Portfolio, Emerging Markets Value Portfolio, Global Small Company Portfolio, World ex U.S. Value Portfolio, World ex U.S. Core Portfolio, World ex U.S. Targeted Value Portfolio, Emerging Markets Core Equity 2 Portfolio, Emerging Markets Targeted Value Portfolio and Emerging Markets ex China Core Equity Portfolio are subject to tax on short-term and long-term capital gains for investments in India. Such taxes are accrued on a daily basis and due upon sale of individual securities.

**C. Investment Advisor:**

The Advisor provides investment management services to the Portfolios. For the six months ended April 30, 2025, the Portfolios' investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

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| | | |
|:---|:---|:---|
|  Large Cap International Portfolio | 0.14 | % |

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| | | |
|:---|:---|:---|
|  International Core Equity 2 Portfolio | 0.2 | % |
|  Global Small Company Portfolio | 0.35 | % |
|  International Small Company Portfolio | 0.25 | % |
|  Japanese Small Company Portfolio | 0.35 | % |
|  Asia Pacific Small Company Portfolio | 0.35 | % |
|  United Kingdom Small Company Portfolio | 0.35 | % |
|  Continental Small Company Portfolio | 0.35 | % |
|  DFA International Real Estate Securities Portfolio | 0.24 | % |
|  DFA Global Real Estate Securities Portfolio | 0.19 | % |
|  DFA International Small Cap Value Portfolio | 0.39 | % |
|  International Vector Equity Portfolio | 0.28 | %\* |
|  International High Relative Profitability Portfolio | 0.25 | % |
|  World ex U.S. Value Portfolio | 0.32 | % |
|  World ex U.S. Core Equity Portfolio | 0.25 | % |
|  World ex U.S. Targeted Value Portfolio | 0.4 | % |
|  World Core Equity Portfolio | 0.22 | % |
|  Selectively Hedged Global Equity Portfolio | 0.24 | % |
|  Emerging Markets Portfolio | 0.29 | % |
|  Emerging Markets Small Cap Portfolio | 0.52 | % |
|  Emerging Markets Value Portfolio | 0.38 | % |
|  Emerging Markets Core Equity 2 Portfolio | 0.33 | % |
|  Emerging Markets Targeted Value Portfolio | 0.52 | % |
|  Emerging Markets ex China Core Equity Portfolio | 0.33 | % |

---

\* Effective as of February 28, 2025, the investment management fee payable by the International Vector Equity Portfolio was reduced from 0.30% to 0.25%. 

Pursuant to Amended and Restated Fee Waiver and/or Expense Assumption Agreements (each, a "Fee Waiver Agreement"), the Advisor has contractually agreed to waive certain fees, and in certain instances, assume certain expenses of the Portfolios, as described in the notes below. The Fee Waiver Agreements for the non-Feeder Funds, and a portion of the Fee Waiver Agreement for certain Feeder Funds below, will remain in effect through February 28, 2026, may only be terminated by the Fund's Board of Directors prior to that date and shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. The Fee Waiver Agreement with respect to the total management fees paid by the Feeder Funds, as described in the notes below, will remain in effect permanently, unless terminated by a Feeder Fund. During the six months ended April 30, 2025, the Portfolios had expense limits based on a percentage of average net assets on an annualized basis, as listed below. At any time that the Portfolio Expenses (defined below) of a class of a Portfolio are less than the applicable Expense Limitation Amount/Total Management Fee Limit listed below, the Advisor retains the right to recover fees previously waived and/or expenses previously assumed to the extent that the expense ratio following such recovery would be less than the Expense Limitation Amount/Total Management Fee Limit that was in place when such prior year fees were waived and/or expenses assumed, and less than the current Expense Limitation Amount/Total Management Fee Limit in place for the Portfolio. The recovered previously waived fees/assumed expenses during the six months ended April 30, 2025, waived fees/assumed expenses during the six months ended April 30, 2025, and previously waived fees/assumed expenses subject to future recovery by the Advisor, are reflected below (amounts in thousands). The Advisor, however, will not be reimbursed by a Feeder Portfolio in connection with its Permanent Fee Waiver. The Fund, on behalf of a Portfolio, is also not obligated to reimburse the Advisor for fees previously waived or expenses previously assumed by the Advisor more than thirty-six months before the date of recovery. With respect to the World ex U.S. Value Portfolio, World Core Equity Portfolio, World ex U.S. Targeted Value Portfolio and Selectively Hedged

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Global Equity Portfolio, the Advisor shall also not be reimbursed for any management fees previously waived to offset a Portfolio's proportionate share of the management fees paid by such Portfolio through its investment in other funds managed by the Advisor.

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| | | | | |
|:---|:---|:---|:---|:---|
| **Institutional Class Shares** | **Expense<br>Limitation<br>Amount** | **Total<br>Management<br>Fee Limit** | **Recovery of<br>Previously<br>Waived Fees/<br>Assumed Expenses** | **Waived Fees/<br>Assumed<br>Expenses** |
|  Large Cap International Portfolio (1) | 0.24% |  |  |  |
|  International Core Equity 2 Portfolio (1) | 0.30% |  |  |  |
|  Global Small Company Portfolio (2) | 0.42% |  | $3 | $110 |
|  International Small Company Portfolio (3) | 0.45% |  |  |  |
|  Japanese Small Company Portfolio (4) | 0.42% | 0.35% |  | 105 |
|  Asia Pacific Small Company Portfolio (4) | 0.42% | 0.35% |  | 73 |
|  United Kingdom Small Company Portfolio (4) | 0.42% | 0.35% |  | 10 |
|  Continental Small Company Portfolio (4) | 0.42% | 0.35% |  | 120 |
|  DFA International Real Estate Securities Portfolio (1) | 0.29% |  |  |  |
|  DFA Global Real Estate Securities Portfolio (5) | 0.22% |  |  | 2144 |
|  DFA International Small Cap Value Portfolio |  |  |  |  |
|  International Vector Equity Portfolio (1) | 0.60% |  |  |  |
|  International High Relative Profitability Portfolio (2) | 0.29% |  |  | 25 |
|  World ex U.S. Value Portfolio (6) | 0.60% | 0.32% |  | 263 |
|  World ex U.S. Core Equity Portfolio (7) | 0.39% |  |  |  |
|  World ex U.S. Targeted Value Portfolio (8) | 0.80% | 0.40% |  |  |
|  World Core Equity Portfolio (9) | 0.27% | 0.22% | 1 | 952 |
|  Selectively Hedged Global Equity Portfolio (10) | 0.40% | 0.24% |  | 289 |
|  Emerging Markets Portfolio (11) | 0.49% | 0.29% |  | 2567 |
|  Emerging Markets Small Cap Portfolio (12) |  | 0.52% |  | 3507 |
|  Emerging Markets Value Portfolio (12) | 0.44% | 0.38% | 24 | 5475 |
|  Emerging Markets Core Equity 2 Portfolio (1) | 0.54% |  |  |  |
|  Emerging Markets Targeted Value Portfolio (2) | 0.58% |  |  | 63 |
|  Emerging Markets ex China Core Equity Portfolio (2) | 0.43% |  | 95 | 6 |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The Advisor has contractually agreed to waive all or a portion of its management fee and assume each Portfolio's ordinary operating expenses (excluding the expenses a Portfolio incurs indirectly through investment in other investment companies) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of each Portfolio to the rates listed above as a percentage of average net assets on an annualized basis (the "Expense Limitation Amount").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) The Advisor has contractually agreed to waive all or a portion of its management fee and to assume the ordinary operating expenses of a class of the Portfolio (including the expenses that the Portfolio bears as a shareholder of other funds managed by the Advisor, excluding money market funds and The DFA Short Term Investment Fund (the "Short Term Series"), but excluding the expenses that the Portfolio incurs indirectly through its investment in unaffiliated investment companies) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of a class of the Portfolio to the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the "Expense Limitation Amount"). Prior to February 28, 2025, the Expense Limitation Amount for the International High Relative Profitability Portfolio was 0.35%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) The Advisor has contractually agreed to waive all or a portion of its management fee and to assume the other direct expenses of a class of the Portfolio (excluding expenses incurred through its investment in other investment companies) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of a class of the Portfolio to the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the "Expense Limitation Amount").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) The Advisor has contractually agreed to permanently waive all or a portion of the management fee of each Portfolio to the extent necessary to limit the total management fees paid to the Advisor by each Portfolio, including the proportionate share of the management fees a Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in the Short Term Series, to 0.35% of the average net assets of a class of a Portfolio on an annualized basis (the "Permanent Fee Waiver"). In addition to the Permanent Fee Waiver, the Advisor has contractually agreed to further waive all or a portion of its management fee and to assume the other direct expenses of a class of each Portfolio (excluding expenses incurred through its investment

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in other investment companies managed by the Advisor) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of each class of a Portfolio to the rates listed above as a percentage of the average net assets of each class of such Portfolios on an annualized basis (the "Expense Limitation Amount").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) The Advisor has contractually agreed to waive all or a portion of its management fee and to assume the expenses of the Portfolio (including the expenses that the Portfolio bears as a shareholder of its Master/Underlying Funds but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Short Term Series and its investment in unaffiliated investment companies) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of the Portfolio to the rate listed above as a percentage of the Portfolio's average net assets on an annualized basis (the "Expense Limitation Amount").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) The Advisor has contractually agreed to waive up to the full amount of the Portfolio's management fee of 0.32% to the extent necessary to offset the proportionate share of the management fees paid by the Portfolio through its investment in its Master/Underlying Funds, except for the fees paid through its investment of securities lending cash collateral in the Short Term Series (the "Total Management Fee Limit"). In addition, under the Fee Waiver Agreement, the Advisor also has agreed to waive all or a portion of the management fee that remains payable by the Portfolio (i.e., the management fee remaining after the proportionate share of the Master/Underlying Funds' management fees have been offset (the "Remaining Management Fee")) to the extent necessary to reduce the Portfolio's ordinary operating expenses (including expenses incurred through its investment in other investment companies but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Short Term Series and unaffiliated money market funds) ("Portfolio Expenses") to the rate listed above as a percentage of average net assets on an annualized basis (the "Expense Limitation Amount"). The maximum amount that may be waived to limit Portfolio Expenses is the amount of the Remaining Management Fee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) The Advisor has contractually agreed to waive all or a portion of its management fee and to assume the expenses of a class of the Portfolio (including the expenses that the Portfolio bears as a shareholder of its Master/ Underlying Funds but excluding the expenses that the Portfolio incurs indirectly through its investment of its securities lending cash collateral in the Short Term Series and its investment in unaffiliated investment companies) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of a class of the Portfolio to the rate listed above as a percentage of average net assets of a class of the Portfolio on an annualized basis (the "Expense Limitation Amount").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8) The Advisor has contractually agreed to waive up to the full amount of the Portfolio's management fee of 0.40% to the extent necessary to offset the proportionate share of the management fees paid by the Portfolio through its investment in other funds managed by the Advisor, except for the fees paid through its investment of securities lending cash collateral in the Short Term Series (the "Total Management Fee Limit"). In addition, under the Fee Waiver Agreement, the Advisor has also agreed to waive all or a portion of the management fee and to assume the ordinary operating expenses of a class of the Portfolio (including expenses incurred through its investment in other investment companies but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Short Term Series and unaffiliated money market funds) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of a class of the Portfolio to the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the "Expense Limitation Amount").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9) The Advisor has contractually agreed to waive up to the full amount of the Portfolio's management fee of 0.22% to the extent necessary to offset the proportionate share of the management fees paid by the Portfolio through its investment in its Master/Underlying Funds, except for the fees paid through its investment of securities lending cash collateral in the Short Term Series (including the Portfolio's proportionate share of any management fees that a Master/Underlying Fund paid through its investment in an affiliated cash management fund) (the "Total Management Fee Limit"). In addition, under the Fee Waiver Agreement, the Advisor has also agreed to assume the expenses of a class of the Portfolio to the extent necessary to reduce the ordinary operating expenses (including expenses incurred through its investment in other investment companies but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Short Term Series and unaffiliated money market funds) ("Portfolio Expenses") of a class of the Portfolio so that such Portfolio Expenses do not exceed the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the "Expense Limitation Amount").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10) The Advisor has contractually agreed to waive up to the full amount of the Portfolio's management fee of 0.24% to the extent necessary to offset the proportionate share of the management fees paid by the Portfolio through its investment in its Master/Underlying Funds, except for the fees paid through its investment of securities lending cash collateral in the Short Term Series (the "Total Management Fee Limit"). In addition, under the Fee Waiver Agreement, the Advisor has also agreed to waive all or a portion of the management fee and to assume the expenses of a class of the Portfolio to the extent necessary to reduce the ordinary operating expenses (including expenses incurred through its investment in other investment companies but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Short Term Series and unaffiliated money market funds) ("Portfolio Expenses") of the Portfolio to the rate listed above as a percentage of average net assets of a class of the Portfolio on an annualized basis (the "Expense Limitation Amount").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11) The Advisor has contractually agreed to permanently waive all or a portion of the management fee of the Portfolio to the extent necessary to limit the total management fees paid to the Advisor by the Portfolio, including the proportionate share of the management fees the Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in the Short Term Series, to 0.29% of the average net assets of a class of the Portfolio on an annualized basis (the "Permanent Fee Waiver"). In addition to the Permanent Fee Waiver, the Advisor has contractually agreed to further waive all or a portion of its management fee and to assume the other direct expenses of a class of the Portfolio (excluding expenses incurred through its investment in other investment companies managed by the Advisor) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of each class of the Portfolio to the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the "Expense Limitation Amount").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12) The Advisor has contractually agreed to permanently waive all or a portion of the management fee of each Portfolio to the extent necessary to limit the total management fees paid to the Advisor by a Portfolio, including the proportionate share of the management fees a Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in the Short Term Series, to the rate listed above as a percentage of the average net assets of a class of a Portfolio on an annualized basis (the "Permanent Fee Waiver"). In addition to the Permanent Fee Waiver, the Advisor has contractually agreed to further waive all or a portion of its management fee and to assume the other expenses of the class of the Emerging Markets Value Portfolio (including expenses incurred through its investment in other investment companies managed by the Advisor, except for the expenses that the Portfolio incurs indirectly through investments of securities lending cash collateral in Short Term Series and unaffiliated money market funds) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of each class of the Portfolio to the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the "Expense Limitation Amount"). Prior to February 28, 2025, the Emerging Markets Value Portfolio only had a Permanent Fee Waiver.

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|:---|:---|:---|:---|:---|:---|
|  | **Previously**<br>**Waived Fees/**<br>**Assumed Expenses**<br>**Subject to Future**<br>**Recovery**<br>**Expiring** | **Previously**<br>**Waived Fees/**<br>**Assumed Expenses**<br>**Subject to Future**<br>**Recovery**<br>**Expiring** | **Previously**<br>**Waived Fees/**<br>**Assumed Expenses**<br>**Subject to Future**<br>**Recovery**<br>**Expiring** | **Previously**<br>**Waived Fees/**<br>**Assumed Expenses**<br>**Subject to Future**<br>**Recovery**<br>**Expiring** | **Previously**<br>**Waived Fees/**<br>**Assumed Expenses**<br>**Subject to Future**<br>**Recovery**<br>**Expiring** |
|  | **10/31/2025** | **10/31/2026** | **10/31/2027** | **4/30/2028** | **Total** |
|  Global Small Company Portfolio | $94 | $194 | $206 | $110 | $604 |
|  United Kingdom Small Company Portfolio | 9 |  |  |  | 9 |
|  DFA Global Real Estate Securities Portfolio | 4018 | 6580 | 4756 | 2144 | 17498 |
|  International High Relative Profitability Portfolio |  |  |  | 25 | 25 |
|  World ex U.S. Value Portfolio | 185 | 458 | 505 | 263 | 1411 |
|  World Core Equity Portfolio | 100 | 65 | 104 | 27 | 296 |
|  Selectively Hedged Global Equity Portfolio | 280 | 552 | 551 | 289 | 1672 |
|  Emerging Markets Value Portfolio |  |  |  | 121 | 121 |
|  Emerging Markets Targeted Value Portfolio |  |  | 189 | 63 | 252 |
|  Emerging Markets ex China Core Equity Portfolio | 195 | 212 | 133 | 6 | 546 |

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**Earned Income Credit:** 

Additionally, Portfolios have entered into arrangements with their custodian whereby net interest earned on uninvested cash balances was used to reduce a portion of the Portfolios' custody expenses. Custody expense in the accompanying financial statements is presented before reduction for credits. The impact of such credits is generally less than one basis point of each Portfolio's net assets. During the six months ended April 30, 2025, expenses reduced were as follows (amounts in thousands):

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| | |
|:---|:---|
|  | **Fees Paid<br>Indirectly** |
|  DFA International Real Estate Securities Portfolio | $86 |
|  DFA International Small Cap Value Portfolio | 321 |
|  International Vector Equity Portfolio | 80 |
|  International High Relative Profitability Portfolio | 30 |

---

**Fees Paid to Officers and Directors/Trustees:** 

Certain Officers and Directors of the Advisor are also Officers and Directors of the Fund; however, such Officers and Directors (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the six months ended April 30, 2025, the total related amount paid by the Fund to the CCO was $100 (in thousands). The total related amounts paid by each of the Portfolios are included in Other Expenses on the Statements of Operations.

**D. Deferred Compensation:** 

As of April 30, 2025, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statements of Assets and Liabilities as follows (amounts in thousands):

---

| | |
|:---|:---|
|  Large Cap International Portfolio | $42 |
|  International Core Equity 2 Portfolio | 91 |
|  Global Small Company Portfolio |  |
|  International Small Company Portfolio | 128 |
|  Japanese Small Company Portfolio | 7 |
|  Asia Pacific Small Company Portfolio | 4 |

---

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---

| | |
|:---|:---|
|  United Kingdom Small Company Portfolio | $1 |
|  Continental Small Company Portfolio | 2 |
|  DFA International Real Estate Securities Portfolio | 22 |
|  DFA Global Real Estate Securities Portfolio | 22 |
|  DFA International Small Cap Value Portfolio | 197 |
|  International Vector Equity Portfolio | 11 |
|  International High Relative Profitability Portfolio | 5 |
|  World ex U.S. Value Portfolio | 1 |
|  World ex U.S. Core Equity Portfolio | 11 |
|  World ex U.S. Targeted Value Portfolio | 2 |
|  World Core Equity Portfolio | 3 |
|  Selectively Hedged Global Equity Portfolio | 1 |
|  Emerging Markets Portfolio | 65 |
|  Emerging Markets Small Cap Portfolio | 58 |
|  Emerging Markets Value Portfolio | 287 |
|  Emerging Markets Core Equity 2 Portfolio | 143 |
|  Emerging Markets Targeted Value Portfolio | 1 |
|  Emerging Markets ex China Core Equity Portfolio | 2 |

---

**E. Purchases and Sales of Securities:** 

For the six months ended April 30, 2025, the Portfolios' transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. government securities (amounts in thousands), were as follows:

---

| | | |
|:---|:---|:---|
|  | **Purchases** | **Sales** |
|  Large Cap International Portfolio | $329838 | $226054 |
|  International Core Equity 2 Portfolio | 690292 | 1124981 |
|  Global Small Company Portfolio | 16399 | 15333 |
|  DFA International Real Estate Securities Portfolio | 73487 | 258789 |
|  DFA Global Real Estate Securities Portfolio | 46017 | 410652 |
|  DFA International Small Cap Value Portfolio | 876114 | 1221951 |
|  International Vector Equity Portfolio | 176620 | 214546 |
|  International High Relative Profitability Portfolio | 129510 | 114641 |
|  World ex U.S. Value Portfolio | 1191 | 2507 |
|  World ex U.S. Core Equity Portfolio | 195739 | 220579 |
|  World ex U.S. Targeted Value Portfolio | 59515 | 84370 |
|  World Core Equity Portfolio | 38573 | 28041 |
|  Selectively Hedged Global Equity Portfolio | 29988 | 27128 |
|  Emerging Markets Core Equity 2 Portfolio | 664904 | 1232231 |
|  Emerging Markets Targeted Value Portfolio | 27280 | 24567 |
|  Emerging Markets ex China Core Equity Portfolio | 363807 | 64704 |

---

There were no purchases or sales of long-term U.S. government securities.

For the six months ended April 30, 2025, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

832

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##### [**Table of Contents**](#toc)
The amounts presented below may differ from the respective amounts presented in the corresponding Schedules of Investments, Statements of Assets and Liabilities or Statements of Operations due to rounding. The amounts are as follows (amounts in thousands):

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at<br>October 31, 2024** | **Purchases<br>at Cost** | **Proceeds<br>from Sales** | **Net Realized<br>Gain/(Loss)<br>on Sales** | **Change in<br>Unrealized<br>Appreciation/<br>Depreciation** | **Balance at<br>April 30, 2025** | **Shares as of<br>April 30, 2025** | **Dividend<br>Income** | **Capital Gain<br>Distributions** |
|  **Large Cap International Portfolio** |  |  |  |  |  |  |  |  |  |
|  The DFA Short Term Investment Fund | $172818 | $1052209 | $924043 | $(8) | $(17) | $300959 | 26023 | $4699 |  |
|  **Total** | $**172818** | $**1052209** | $**924043** | **$(8)** | $**(17)** | $**300959** |  | $**4699** |  |
|  **International Core Equity 2 Portfolio** |  |  |  |  |  |  |  |  |  |
|  The DFA Short Term Investment Fund | $988409 | $3625607 | $2964523 | $18 | $(193) | $1649318 | 142613 | $25521 |  |
|  **Total** | $**988409** | $**3625607** | $**2964523** | **$18** | $**(193)** | $**1649318** |  | $**25521** |  |
|  **Global Small Company Portfolio** |  |  |  |  |  |  |  |  |  |
|  U.S. Small Cap Portfolio | $61736 | $16399 | $15333 | $494 | $(5473) | $57823 | &nbsp;&nbsp;&nbsp;&nbsp;1323 | $321 |  |
|  **Total** | $**61736** | $**16399** | $**15333** | **$494** | $**(5473)** | $**57823** |  | $**321** |  |
|  **DFA International Real Estate Securities Portfolio** |  |  |  |  |  |  |  |  |  |
|  The DFA Short Term Investment Fund | $85111 | $445943 | $417782 | $(2) | $(5) | $113265 | &nbsp;&nbsp;&nbsp;&nbsp;9794 | $1467 |  |
|  **Total** | $**85111** | $**445943** | $**417782** | **$(2)** | $**(5)** | $**113265** |  | $**1467** |  |
|  **DFA Global Real Estate Securities Portfolio** |  |  |  |  |  |  |  |  |  |
|  DFA International Real Estate Securities Portfolio | $1880340 | $25668 |  | &nbsp;&nbsp;&nbsp;&nbsp;— | $(70642) | $1835366 | 509824 | $103341 |  |
|  The DFA Short Term Investment Fund | 205214 | 666738 | $684756 | $5 | (23) | 187178 | 16185 | 3821 |  |
|  **Total** | $**2085554** | $**692406** | $**684756** | **$5** | $**(70665)** | $**2022544** |  | $**107162** |  |
|  **DFA International Small Cap Value Portfolio** |  |  |  |  |  |  |  |  |  |
|  The DFA Short Term Investment Fund | $231183 | $1598443 | $1256931 | $(23) | $(60) | $572612 | 49513 | $8474 |  |
|  **Total** | $**231183** | $**1598443** | $**1256931** | **$(23)** | $**(60)** | $**572612** |  | $**8474** |  |
|  **International Vector Equity Portfolio** |  |  |  |  |  |  |  |  |  |
|  The DFA Short Term Investment Fund | $106723 | $527422 | $437894 | $1 | $(23) | $196229 | 16968 | $3091 |  |
|  **Total** | $**106723** | $**527422** | $**437894** | **$1** | $**(23)** | $**196229** |  | $**3091** |  |

---

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---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at<br>October 31, 2024** | **Purchases<br>at Cost** | **Proceeds<br>from Sales** | **Net Realized<br>Gain/(Loss)<br>on Sales** | **Change in<br>Unrealized<br>Appreciation/<br>Depreciation** | **Balance at<br>April 30, 2025** | **Shares as of<br>April 30, 2025** | **Dividend<br>Income** | **Capital Gain<br>Distributions** |
|  **International High Relative Profitability Portfolio** |  |  |  |  |  |  |  |  |  |
|  The DFA Short Term Investment Fund | $51619 | $358814 | $317595 | $(3) | $(7) | $92828 | 8027 |  | **—** |
|  **Total** | $**51619** | $**358814** | $**317595** | **$(3)** | $**(7)** | $**92828** |  | **—** | **—** |
|  **World ex U.S. Value Portfolio** |  |  |  |  |  |  |  |  |  |
|  DFA International Small Cap Value Portfolio | $24246 | $1191 | $2507 | $210 | $2416 | $25556 | 1012 | $351 | **$193** |
|  **Total** | $**24246** | $**1191** | $**2507** | **$210** | $**2416** | $**25556** |  | $**351** | **$193** |
|  **World ex U.S. Core Equity Portfolio** |  |  |  |  |  |  |  |  |  |
|  The DFA Short Term Investment Fund | $72989 | $475848 | $351386 | $3 | $(22) | $197432 | 17072 | $2531 | **—** |
|  **Total** | $**72989** | $**475848** | $**351386** | **$3** | $**(22)** | $**197432** |  | $**2531** | **—** |
|  **World ex U.S. Targeted Value Portfolio** |  |  |  |  |  |  |  |  |  |
|  The DFA Short Term Investment Fund | $13086 | $65126 | $64573 | $(1) | $(2) | $13636 | 1179 | $335 | **—** |
|  **Total** | $**13086** | $**65126** | $**64573** | **$(1)** | $**(2)** | $**13636** |  | $**335** | **—** |
|  **World Core Equity Portfolio** |  |  |  |  |  |  |  |  |  |
|  U.S. Core Equity 1 Portfolio | $716015 | $21485 | $11612 | $(177) | $(29795) | $695916 | 17107 | $4080 | **—** |
|  International Core Equity 2 Portfolio | 284260 | 9195 | 12977 | 351 | 21234 | 302063 | 17592 | 3468 | **—** |
|  Emerging Markets Core Equity 2 Portfolio | 127785 | 7894 | 3452 | (194) | (3386) | 128647 | 5442 | 2062 | **—** |
|  **Total** | $**1128060** | $**38574** | $**28041** | **$(20)** | $**(11947)** | $**1126626** |  | $**9610** | **—** |
|  **Selectively Hedged Global Equity Portfolio** |  |  |  |  |  |  |  |  |  |
|  U.S. Core Equity 2 Portfolio | $174484 | $13953 | $11196 | $(477) | $(8527) | $168237 | 4654 | $1020 | **—** |
|  International Core Equity 2 Portfolio | 70484 | 7728 | 9082 | 299 | 5048 | 7 4477 | 4338 | 887 | **—** |
|  Emerging Markets Core Equity 2 Portfolio | 50733 | 8307 | 6850 | (187) | (1273) | 50730 | 2146 | 846 | **—** |
|  **Total** | $**295701** | $**29988** | $**27128** | **$(365)** | $**(4752)** | $**293444** |  | $**2753** | **—** |
|  **Emerging Markets Core Equity 2 Portfolio** |  |  |  |  |  |  |  |  |  |
|  The DFA Short Term Investment Fund | $285249 | $1411620 | $1255202 | $(2) | $(53) | $441612 | 38185 | $8621 | **—** |
|  **Total** | $**285249** | $**1411620** | $**1255202** | **$(2)** | $**(53)** | $**441612** |  | $**8621** | **—** |

---

834

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---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at<br>October 31, 2024** | **Purchases<br>at Cost** | **Proceeds<br>from Sales** | **Net Realized<br>Gain/(Loss)<br>on Sales** | **Change in<br>Unrealized<br>Appreciation/<br>Depreciation** | **Balance at<br>April 30, 2025** | **Shares as of<br>April 30, 2025** | **Dividend<br>Income** | **Capital Gain<br>Distributions** |
|  **Emerging Markets Targeted Value Portfolio** |  |  |  |  |  |  |  |  |  |
|  The DFA Short Term Investment Fund | $1501 | $15182 | $14688 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(1) | $1994 | 172 |  | **—** |
|  **Total** | **$1501** | **$15182** | **$14688** |  | **$(1)** | **$1994** |  | **—** | **—** |
|  **Emerging Markets ex China Core Equity Portfolio** |  |  |  |  |  |  |  |  |  |
|  The DFA Short Term Investment Fund | $7259 | $54324 | $47391 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(1) | $14191 | 1227 | $238 | **—** |
|  **Total** | **$7259** | **$54324** | **$47391** |  | **$(1)** | **$14191** |  | **$238** | **—** |

---

**F. Federal Income Taxes:** 

Each Portfolio has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to its shareholders. Accordingly, no provision has been made for federal income taxes.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under GAAP. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings, undistributed net investment income, accumulated net realized gains or losses, or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2024, can occur as a result of realized gains on securities considered to be "passive foreign investment companies," non-deductible expenses, realized foreign capital gains tax, the use of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes, net foreign currency gains/losses, redemption in-kind transactions, distributions received from real estate investment trusts and distribution redesignations, and were reclassified to the accounts mentioned above. These reclassifications had no effect on net assets or net asset value per share.

The tax character of dividends and distributions declared and paid during the years ended October 31, 2023, and October 31, 2024, were as follows (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment<br>Income and<br>Short-Term<br>Capital Gains** | **Long-Term<br>Capital Gains** | **Total** |
|  Large Cap International Portfolio |  |  |  |
| 2023 | $153335 |  | $153335 |
| 2024 | 192000 |  | 192000 |
|  International Core Equity 2 Portfolio |  |  |  |
| 2023 | 813378 |  | 813378 |
| 2024 | 1069005 |  | 1069005 |
|  Global Small Company Portfolio |  |  |  |
| 2023 | 1067 |  | 1067 |
| 2024 | 1592 | $&nbsp;&nbsp;&nbsp;&nbsp;645 | 2237 |

---

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---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment<br>Income and<br>Short-Term<br>Capital Gains** | **Long-Term<br>Capital Gains** | **Total** |
|  International Small Company Portfolio |  |  |  |
| 2023 | $310109 | $121655 | $431764 |
| 2024 | 379832 |  | 379832 |
|  Japanese Small Company Portfolio |  |  |  |
| 2023 | 3684 | 12000 | 15684 |
| 2024 | 10317 | 2791 | 13108 |
|  Asia Pacific Small Company Portfolio |  |  |  |
| 2023 | 9900 | 13433 | 23333 |
| 2024 | 8400 |  | 8400 |
|  United Kingdom Small Company Portfolio |  |  |  |
| 2023 | 438 |  | 438 |
| 2024 | 905 |  | 905 |
|  Continental Small Company Portfolio |  |  |  |
| 2023 | 21516 |  | 21516 |
| 2024 | 21345 |  | 21345 |
|  DFA International Real Estate Securities Portfolio |  |  |  |
| 2023 |  |  |  |
| 2024 | 185455 |  | 185455 |
|  DFA Global Real Estate Securities Portfolio |  |  |  |
| 2023 | 111720 | 315311 | 427031 |
| 2024 | 252366 |  | 252366 |
|  DFA International Small Cap Value Portfolio |  |  |  |
| 2023 | 325253 |  | 325253 |
| 2024 | 448002 | 13292 | 461294 |
|  International Vector Equity Portfolio |  |  |  |
| 2023 | 87142 |  | 87142 |
| 2024 | 127525 |  | 127525 |
|  International High Relative Profitability Portfolio |  |  |  |
| 2023 | 42438 |  | 42438 |
| 2024 | 38501 |  | 38501 |
|  World ex U.S. Value Portfolio |  |  |  |
| 2023 | 9912 |  | 9912 |
| 2024 | 11909 |  | 11909 |
|  World ex U.S. Core Equity Portfolio |  |  |  |
| 2023 | 109998 |  | 109998 |
| 2024 | 125828 |  | 125828 |
|  World ex U.S. Targeted Value Portfolio |  |  |  |
| 2023 | 19463 |  | 19463 |
| 2024 | 20450 |  | 20450 |
|  World Core Equity Portfolio |  |  |  |
| 2023 | 19655 | 13609 | 33264 |
| 2024 | 22406 | 11493 | 33899 |
|  Selectively Hedged Global Equity Portfolio |  |  |  |
| 2023 | 15289 | 8996 | 24285 |

---

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---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment<br>Income and<br>Short-Term<br>Capital Gains** | **Long-Term<br>Capital Gains** | **Total** |
| 2024 | $6546 | $9950 | $16496 |
|  Emerging Markets Portfolio |  |  |  |
| 2023 | 130795 | 10990 | 141785 |
| 2024 | 166182 |  | 166182 |
|  Emerging Markets Small Cap Portfolio |  |  |  |
| 2023 | 90978 | 75855 | 166833 |
| 2024 | 129086 |  | 129086 |
|  Emerging Markets Value Portfolio |  |  |  |
| 2023 | 411459 |  | 411459 |
| 2024 | 498903 |  | 498903 |
|  Emerging Markets Core Equity 2 Portfolio |  |  |  |
| 2023 | 718790 |  | 718790 |
| 2024 | 885010 |  | 885010 |
|  Emerging Markets Targeted Value Portfolio |  |  |  |
| 2023 | 4927 | 3666 | 8593 |
| 2024 | 8928 | 3295 | 12223 |
|  Emerging Markets ex China Core Equity Portfolio |  |  |  |
| 2023 | 14175 |  | 14175 |
| 2024 | 21125 |  | 21125 |

---

As of October 31, 2024, the following net investment income and short-term capital gains and long-term capital gains distributions designated for federal income tax purposes are due to the use of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment<br>Income and<br>Short-Term<br>Capital Gains** | **Long-Term<br>Capital Gains** | **Total** |
|  Large Cap International Portfolio | $(12009) |  | $(12009) |
|  International Core Equity 2 Portfolio | (48304) |  | (48304) |
|  Global Small Company Portfolio | (185) | $(33) | (218) |
|  International Small Company Portfolio | (20111) |  | (20111) |
|  Japanese Small Company Portfolio | (362) |  | (362) |
|  Asia Pacific Small Company Portfolio | (253) |  | (253) |
|  United Kingdom Small Company Portfolio | (23) |  | (23) |
|  Continental Small Company Portfolio | (150) |  | (150) |
|  DFA International Real Estate Securities Portfolio | (2980) |  | (2980) |
|  DFA Global Real Estate Securities Portfolio | (6019) |  | (6019) |
|  DFA International Small Cap Value Portfolio | (24613) |  | (24613) |
|  International Vector Equity Portfolio | (6714) |  | (6714) |
|  International High Relative Profitability Portfolio | (4048) |  | (4048) |
|  World ex U.S. Value Portfolio | (506) |  | (506) |
|  World ex U.S. Core Equity Portfolio | (9942) |  | (9942) |
|  World ex U.S. Targeted Value Portfolio | (430) |  | (430) |
|  World Core Equity Portfolio | (549) | (741) | (1290) |

---

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---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment<br>Income and<br>Short-Term<br>Capital Gains** | **Long-Term<br>Capital Gains** | **Total** |
|  Selectively Hedged Global Equity Portfolio | $(651) | $(607) | $(1258) |
|  Emerging Markets Portfolio | (7480) |  | (7480) |
|  Emerging Markets Small Cap Portfolio | (10953) |  | (10953) |
|  Emerging Markets Value Portfolio | (31977) |  | (31977) |
|  Emerging Markets Core Equity 2 Portfolio | (46752) |  | (46752) |
|  Emerging Markets Targeted Value Portfolio | (823) |  | (823) |
|  Emerging Markets ex China Core Equity Portfolio | (1490) |  | (1490) |

---

As of October 31, 2024, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Undistributed<br>Net Investment<br>Income and<br>Short-Term<br>Capital Gains** | **Undistributed<br>Long-Term<br>Capital Gains** | **Capital Loss<br>Carryforwards** | **Unrealized<br>Appreciation<br>(Depreciation)** | **Total Net<br>Distributable<br>Earnings<br>(Accumulated<br>Losses)** |
|  Large Cap International Portfolio | $34437 |  | $(521303) | $2077845 | $1590979 |
|  International Core Equity 2 Portfolio | 211938 |  | (725041) | 7264214 | 6751111 |
|  Global Small Company Portfolio | 1395 | $732 |  | 20311 | 22438 |
|  International Small Company Portfolio | 109022 |  | (61064) | 1696008 | 1743966 |
|  Japanese Small Company Portfolio | 6058 |  | (2682) | 26313 | 29689 |
|  Asia Pacific Small Company Portfolio | 5874 |  | (39588) | (14892) | (48606) |
|  United Kingdom Small Company Portfolio | 201 |  | (3527) | 2385 | (941) |
|  Continental Small Company Portfolio | 6666 |  | (10764) | 137814 | 133716 |
|  DFA International Real Estate Securities Portfolio | 159074 |  | (1390235) | (358010) | (1589171) |
|  DFA Global Real Estate Securities Portfolio | 111706 |  | (324595) | 771206 | 558317 |
|  DFA International Small Cap Value Portfolio | 122421 | 90689 |  | 2314670 | 2527780 |
|  International Vector Equity Portfolio | 29838 |  | (28332) | 850041 | 851547 |
|  International High Relative Profitability Portfolio | 827 |  | (49189) | 319643 | 271281 |
|  World ex U.S. Value Portfolio | 2235 |  | (11424) | 60477 | 51288 |
|  World ex U.S. Core Equity Portfolio | 29331 |  | (75866) | 862674 | 816139 |
|  World ex U.S. Targeted Value Portfolio | 1451 |  | (20644) | 112942 | 93749 |
|  World Core Equity Portfolio |  | 15244 |  | 474945 | 490189 |
|  Selectively Hedged Global Equity Portfolio | 3729 | 10647 |  | 142093 | 156469 |
|  Emerging Markets Portfolio | 40104 |  | (194778) | 2189630 | 2034956 |
|  Emerging Markets Small Cap Portfolio | 35145 |  | (100912) | 855877 | 790110 |
|  Emerging Markets Value Portfolio | 141394 |  | (1142354) | 1894465 | 893505 |
|  Emerging Markets Core Equity 2 Portfolio | 301143 |  | (2652037) | 8007929 | 5657035 |
|  Emerging Markets Targeted Value Portfolio | 9905 |  | (5129) | 39789 | 44565 |

---

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---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Undistributed<br>Net Investment<br>Income and<br>Short-Term<br>Capital Gains** | **Undistributed<br>Long-Term<br>Capital Gains** | **Capital Loss<br>Carryforwards** | **Unrealized<br>Appreciation<br>(Depreciation)** | **Total Net<br>Distributable<br>Earnings<br>(Accumulated<br>Losses)** |
|  Emerging Markets ex China Core Equity Portfolio | $&nbsp;&nbsp;&nbsp;&nbsp;6612 |  | $&nbsp;&nbsp;&nbsp;&nbsp;(20220) | $&nbsp;&nbsp;&nbsp;&nbsp;88928 | $&nbsp;&nbsp;&nbsp;&nbsp;75320 |

---

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2024, the Portfolios had the following capital loss carryforwards available to offset future realized capital gains with no expiration date (amounts in thousands):

---

| | |
|:---|:---|
|  | **Total** |
|  Large Cap International Portfolio | $521303 |
|  International Core Equity 2 Portfolio | 725041 |
|  International Small Company Portfolio | 61064 |
|  Japanese Small Company Portfolio | 2682 |
|  Asia Pacific Small Company Portfolio | 39588 |
|  United Kingdom Small Company Portfolio | 3527 |
|  Continental Small Company Portfolio | 10764 |
|  DFA International Real Estate Securities Portfolio | 1390235 |
|  DFA Global Real Estate Securities Portfolio | 324595 |
|  International Vector Equity Portfolio | 28332 |
|  International High Relative Profitability Portfolio | 49189 |
|  World ex U.S. Value Portfolio | 11424 |
|  World ex U.S. Core Equity Portfolio | 75866 |
|  World ex U.S. Targeted Value Portfolio | 20644 |
|  Emerging Markets Portfolio | 194778 |
|  Emerging Markets Small Cap Portfolio | 100912 |
|  Emerging Markets Value Portfolio | 1142354 |
|  Emerging Markets Core Equity 2 Portfolio | 2652037 |
|  Emerging Markets Targeted Value Portfolio | 5129 |
|  Emerging Markets ex China Core Equity Portfolio | 20220 |

---

During the year ended October 31, 2024, the following Portfolios used the following capital loss carryforwards to offset realized capital gains for federal income tax purposes (amounts in thousands):

---

| | |
|:---|:---|
|  Large Cap International Portfolio | $19283.0 |
|  International Core Equity 2 Portfolio | 358994.0 |
|  International Small Company Portfolio | 78757.0 |
|  United Kingdom Small Company Portfolio | 298.0 |
|  Continental Small Company Portfolio | 21562.0 |
|  International Vector Equity Portfolio | 25543.0 |
|  International High Relative Profitability Portfolio | 27918.0 |
|  World ex U.S. Value Portfolio | 382.0 |
|  World ex U.S. Core Equity Portfolio | 10616.0 |
|  World ex U.S. Targeted Value Portfolio | 4738.0 |
|  Emerging Markets Value Portfolio | 207165.0 |
|  Emerging Markets ex China Core Equity Portfolio | 2673.0 |

---

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##### [**Table of Contents**](#toc)
As of April 30, 2025, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Federal<br>Tax Cost** | **Unrealized<br>Appreciation** | **Unrealized<br>(Depreciation)** | **Net<br>Unrealized<br>Appreciation<br>(Depreciation)** |
|  Large Cap International Portfolio | $4141280 | $2610351 | $(125565) | $2484786 |
|  International Core Equity 2 Portfolio | 24448354 | 11651872 | (1895677) | 9756195 |
|  Global Small Company Portfolio | 77269 | 18592 |  | 18592 |
|  International Small Company Portfolio | 9623534 | 2524848 |  | 2524848 |
|  Japanese Small Company Portfolio | 166335 | 61825 |  | 61825 |
|  Asia Pacific Small Company Portfolio | 151136 | 3204 |  | 3204 |
|  United Kingdom Small Company Portfolio | 19541 | 3318 |  | 3318 |
|  Continental Small Company Portfolio | 5044 | 111926 |  | 111926 |
|  DFA International Real Estate Securities Portfolio | 3529170 | 537713 | (466812) | 70901 |
|  DFA Global Real Estate Securities Portfolio | 6561129 | 1384857 | (826453) | 558404 |
|  DFA International Small Cap Value Portfolio | 9187596 | 3989657 | (580634) | 3409023 |
|  International Vector Equity Portfolio | 2675704 | 1254909 | (97914) | 1156995 |
|  International High Relative Profitability Portfolio | 1287518 | 439064 | (42892) | 396172 |
|  World ex U.S. Value Portfolio | 232610 | 79562 |  | 79562 |
|  World ex U.S. Core Equity Portfolio | 3335787 | 1387443 | (290281) | 1097162 |
|  World ex U.S. Targeted Value Portfolio | 578882 | 190324 | (36320) | 154004 |
|  World Core Equity Portfolio | 663640 | 487751 |  | 487751 |
|  Selectively Hedged Global Equity Portfolio | 157386 | 140668 | (1755) | 138913 |
|  Emerging Markets Portfolio | 2769613 | 2489491 |  | 2489491 |
|  Emerging Markets Small Cap Portfolio | 2348277 | 1174725 |  | 1174725 |
|  Emerging Markets Value Portfolio | 8981468 | 2125481 |  | 2125481 |
|  Emerging Markets Core Equity 2 Portfolio | 19830260 | 11085201 | (2604960) | 8480241 |
|  Emerging Markets Targeted Value Portfolio | 224723 | 66044 | (19643) | 46401 |
|  Emerging Markets ex China Core Equity Portfolio | 1111960 | 175840 | (93019) | 82821 |

---

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in the tax treatment of passive foreign investment company investments or other investments.

*ASC 740 Accounting for Uncertainty in Income Taxes* sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Under GAAP, the Portfolios recognize the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained, assuming examination by tax authorities. Management has analyzed the Portfolios' tax positions and has concluded that no additional provision for income tax is required in the Portfolios' financial statements. The Portfolios are not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolios' federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

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**G. Financial Instruments:** 

In accordance with the Portfolios' investment objectives and policies, the Portfolios may invest either directly or indirectly (through their investments in corresponding Master/Underlying Funds), in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit and market risk. The Portfolios' derivative contracts are not accounted for as hedging instruments under GAAP. These instruments and their significant corresponding risks are described below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. *Foreign Market Risks:* Investments in foreign markets may involve certain considerations and risks not typically associated with investments in the United States of America, including the possibility of future political and economic developments and the level of foreign governmental supervision and regulation of foreign securities markets. These markets are generally smaller, less liquid and more volatile than the major securities markets in the United States of America. Consequently, acquisition and disposition of international securities held by the Portfolios may be inhibited.

Portfolios that have significant exposure to certain countries, such as the United Kingdom Small Company Portfolio's Master Fund that concentrates investments in the United Kingdom, can be expected to be impacted by the political and economic conditions within such countries. For example, there is continuing uncertainty around the future of the euro and the European Union (EU) following the United Kingdom's (UK) exit from the EU (referred to as "Brexit"). Brexit may cause greater market volatility and illiquidity, currency fluctuations, deterioration in economic activity, a decrease in business confidence, and increased likelihood of a recession in the UK. While it is not possible to determine the precise impact these events may have on the Portfolios, the ultimate impact on the UK, EU countries, other countries or parties that transact with the UK and EU, and the broader global economy could be significant and could adversely affect the value and liquidity of the Portfolios' investments.

**Derivative Financial Instruments:** 

Summarized below are the specific types of derivative instruments used by the Portfolios.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. *Forward Currency Contracts:* The Portfolios listed below may enter into foreign currency exchange transactions, including foreign currency forward contracts, in connection with the settlement of foreign securities or to transfer cash balances from one currency to another currency. The Selectively Hedged Global Equity Portfolio may hedge some or all of the currency exposure of its foreign securities by entering into forward currency contracts. The decision to hedge the Selectively Hedged Global Equity Portfolio's currency exposure with respect to a foreign market will be based primarily on the Portfolio's existing exposure to a given foreign currency. Each contract is valued daily and the change in value is recorded by the Portfolio as an unrealized gain or loss, which is presented in the Statements of Operations as the change in unrealized appreciation or depreciation of forward currency contracts. When the contract is closed or offset with the same counterparty, the Portfolio records a realized gain or loss equal to the change in the value of the contract when it was opened and the value at the time it was closed or offset. This is presented in the Statements of Operations as a net realized gain or loss on forward currency contracts. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currency relative to the U.S. dollar.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. *Futures Contracts:* Each Portfolio listed below may purchase or sell futures contracts and options on futures contracts for equity securities and indices to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Portfolio. The Selectively Hedged Global Equity Portfolio may also use futures contracts in an attempt to hedge some or all of the currency exposure of its foreign securities. Upon entering into a futures contract, the Portfolios deposit cash or pledge U.S. Government securities to a broker in an amount equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Portfolios as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Portfolios record a realized gain or loss, which is presented in the Statements of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

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##### [**Table of Contents**](#toc)
Risks may arise upon entrance into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities, from the possibility of an illiquid secondary market for these instruments and from the possibility that the Portfolio could lose more than the initial margin requirements. A Portfolio entering into stock index futures is subject to equity price risk from those futures contracts.

Securities have been segregated as collateral for open futures contracts.

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the six months ended April 30, 2025 was as follows (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Forward<br>Currency<br>Contracts\*** | **Futures\*\*** |
|  Large Cap International Portfolio | $— | $60824 |
|  International Core Equity 2 Portfolio |  | 277875 |
|  International Small Company Portfolio |  | 89417 |
|  DFA International Real Estate Securities Portfolio |  | 27820 |
|  DFA Global Real Estate Securities Portfolio |  | 50955 |
|  DFA International Small Cap Value Portfolio |  | 121401 |
|  International Vector Equity Portfolio |  | 30280 |
|  International High Relative Profitability Portfolio |  | 1378 |
|  World ex U.S. Core Equity Portfolio |  | 35737 |
|  World ex U.S. Targeted Value Portfolio |  | 769 |
|  Selectively Hedged Global Equity Portfolio | 94107 | 3052 |
|  Emerging Markets Core Equity 2 Portfolio |  | 239165 |
|  Emerging Markets Targeted Value Portfolio |  | 1799 |
|  Emerging Markets ex China Core Equity Portfolio |  | 18629 |

---

\* Average amount of Currency Purchased/Sold in USD. 

\*\* Average Notional Value of futures contracts.

The following is a summary of the Portfolios' derivative instrument holdings categorized by primary risk exposure as of April 30, 2025 (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Asset Derivatives Value** | **Asset Derivatives Value** | **Asset Derivatives Value** |
|  | **Total Value<br>at<br>April 30, 2025** | **Forward<br>Currency<br>Contracts <sup>(1)</sup>** | **Equity<br>Contracts <sup>(2)</sup>** |
|  Large Cap International Portfolio | $226 |  | $226 |
|  International Core Equity 2 Portfolio | 1090 |  | 1090 |
|  International Small Company Portfolio | 4435 |  | 4435 |
|  DFA Global Real Estate Securities Portfolio | 70 |  | 70 |
|  DFA International Small Cap Value Portfolio | 2976 |  | 2976 |
|  International Vector Equity Portfolio | 1330 |  | 1330 |
|  World ex U.S. Targeted Value Portfolio | 167 |  | 167 |
|  Selectively Hedged Global Equity Portfolio | 176 | $176 |  |
|  Emerging Markets Core Equity 2 Portfolio | 505 |  | 505 |

---

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##### [**Table of Contents**](#toc)

---

| | | | |
|:---|:---|:---|:---|
|  | **Liability Derivatives Value** | **Liability Derivatives Value** | **Liability Derivatives Value** |
|  | **Total Value<br>at<br>April 30, 2025** | **Forward<br>Currency<br>Contracts <sup>(3)</sup>** | **Equity<br>Contracts <sup>(4)</sup>** |
|  DFA International Real Estate Securities Portfolio | $(269) |  | $(269) |
|  World ex U.S. Core Equity Portfolio | (744) |  | (744) |
|  Selectively Hedged Global Equity Portfolio | (1778) | $(1755) | (23) |
|  Emerging Markets Targeted Value Portfolio | (8) |  | (8) |

---

(1) Presented on Statements of Assets and Liabilities
 as Unrealized Gain on Forward Currency Contracts.

(2) Presented on Statements of Assets and Liabilities
 as Receivables: Futures Margin Variation.

(3) Presented on Statements of Assets and Liabilities
 as Unrealized Loss on Forward Currency Contracts.

(4) Presented on Statements of Assets and Liabilities
 as Payables: Futures Margin Variation.

The following is a summary of the realized and change in unrealized gains and losses from the Portfolios' derivative instrument holdings categorized by primary risk exposure for the six months ended April 30, 2025 (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Realized Gain (Loss) on**<br>**Derivatives** | **Realized Gain (Loss) on**<br>**Derivatives** | **Realized Gain (Loss) on**<br>**Derivatives** |
|  | **Total** | **Forward<br>Currency<br>Contracts <sup>(1)</sup>** | **Equity<br>Contracts <sup>(2)</sup>** |
|  Large Cap International Portfolio | $(1336) |  | $(1336) |
|  International Core Equity 2 Portfolio | (10416) |  | (10416) |
|  Global Small Company Portfolio | (83) |  | (83) |
|  International Small Company Portfolio | (8204) |  | (8204) |
|  DFA International Real Estate Securities Portfolio | (424) |  | (424) |
|  DFA Global Real Estate Securities Portfolio | (2482) |  | (2482) |
|  DFA International Small Cap Value Portfolio | (9068) |  | (9068) |
|  International Vector Equity Portfolio | (2707) |  | (2707) |
|  International High Relative Profitability Portfolio | 53 |  | 53 \* |
|  World ex U.S. Core Equity Portfolio | (1712) |  | (1712) |
|  World ex U.S. Targeted Value Portfolio | (50) |  | (50) |
|  Selectively Hedged Global Equity Portfolio | 1284 | $1333 | (49) |
|  Emerging Markets Core Equity 2 Portfolio | (9443) |  | (9443) |
|  Emerging Markets Targeted Value Portfolio | (63) |  | (63) |
|  Emerging Markets ex China Core Equity Portfolio | (761) |  | (761) |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **Change in Unrealized Appreciation<br>(Depreciation) on Derivatives** | **Change in Unrealized Appreciation<br>(Depreciation) on Derivatives** | **Change in Unrealized Appreciation<br>(Depreciation) on Derivatives** |
|  | **Total** | **Forward<br>Currency<br>Contracts <sup>(3)</sup>** | **Equity<br>Contracts <sup>(4)</sup>** |
|  Large Cap International Portfolio | $156 |  | $156 |
|  International Core Equity 2 Portfolio | 60 |  | 60 |
|  International Small Company Portfolio | 10193 |  | 10193 |
|  DFA International Real Estate Securities Portfolio | 492 |  | 492 |

---

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##### [**Table of Contents**](#toc)

---

| | | | |
|:---|:---|:---|:---|
|  | **Change in Unrealized Appreciation<br>(Depreciation) on Derivatives** | **Change in Unrealized Appreciation<br>(Depreciation) on Derivatives** | **Change in Unrealized Appreciation<br>(Depreciation) on Derivatives** |
|  | **Total** | **Forward<br>Currency<br>Contracts <sup>(3)</sup>** | **Equity<br>Contracts <sup>(4)</sup>** |
|  DFA Global Real Estate Securities Portfolio | $411 |  | $411 |
|  DFA International Small Cap Value Portfolio | 3718 |  | 3718 |
|  International Vector Equity Portfolio | 1846 |  | 1846 |
|  World ex U.S. Core Equity Portfolio | 56 |  | 56 |
|  World ex U.S. Targeted Value Portfolio | 167 |  | 167 |
|  Selectively Hedged Global Equity Portfolio | (2886) | $(2826) | (60) |
|  Emerging Markets Core Equity 2 Portfolio | 1029 |  | 1029 |
|  Emerging Markets Targeted Value Portfolio | (28) |  | (28) |

---

(1) Presented on Statements of Operations as Net Realized
 Gain (Loss) on: Forward Currency Contracts.

(2) Presented on Statements of Operations as Net Realized
 Gain (Loss) on: Futures.

(3) Presented on Statements of Operations as Change in
 Unrealized Appreciation (Depreciation) of: Forward Currency Contracts.

(4) Presented on Statements of Operations as Change in
 Unrealized Appreciation (Depreciation) of: Futures.

\* As of April 30, 2025, there were no futures contracts outstanding. During the six months ended April 30, 2025, the Portfolio had limited activity in futures contracts.

**Offsetting of Derivative Assets and Derivative Liabilities:** 

In order to better define its contractual rights and to secure rights that will help a Portfolio mitigate its counterparty risk, the Fund on behalf of applicable Portfolios entered into an International Swaps and Derivatives Association, Inc. Master Agreement (ISDA Master Agreement) or a similar agreement with certain of its derivative contract counterparties. An ISDA Master Agreement is a bilateral agreement between the Fund, on behalf of a Portfolio, and a counterparty that governs OTC derivatives and forward currency contracts and typically contains, among other things, provisions in the event of a default and/or termination event and may also include collateral posting items. Under an ISDA Master Agreement, a Portfolio may, under certain circumstances, offset with the counterparty certain derivative financial instruments' payables and/or receivables with collateral held and/or posted, if any, and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of a default (close-out), including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy, insolvency, or other events.

For financial reporting purposes, the Portfolios do not offset derivative assets and derivative liabilities that are subject to netting arrangements in the Statements of Assets and Liabilities.

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The following table presents the Portfolios' gross and net amount of assets and liabilities available for offset under netting arrangements as well as any related collateral received or pledged by the Portfolios as of April 30, 2025 (amounts in thousands):

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Gross<br>Amounts of<br>Recognized<br>Assets**<br>**(a)** | **Net<br>Amounts<br>of**<br>**Assets<br>Presented<br>in the<br>Statements<br>of Assets<br>and<br>Liabilities** | **Gross Amounts Not**<br>**Offset in the**<br>**Statements of Assets**<br>**and Liabilities** | **Gross Amounts Not**<br>**Offset in the**<br>**Statements of Assets**<br>**and Liabilities** | **Gross Amounts Not**<br>**Offset in the**<br>**Statements of Assets**<br>**and Liabilities** | **Net<br>Amount<br>(c)** | **Gross<br>Amounts of<br>Recognized<br>Liabilities<br>(a)** | **Net<br>Amounts<br>of<br>Liabilities<br>Presented<br>in the<br>Statements<br>of Assets<br>and<br>Liabilities** | **Gross Amounts Not**<br>**Offset in the**<br>**Statements of Assets**<br>**and Liabilities** | **Gross Amounts Not**<br>**Offset in the**<br>**Statements of Assets**<br>**and Liabilities** | **Gross Amounts Not**<br>**Offset in the**<br>**Statements of Assets**<br>**and Liabilities** | **Net<br>Amount<br>(e)** |
| **Description** | **Gross<br>Amounts of<br>Recognized<br>Assets**<br>**(a)** | **Net<br>Amounts<br>of**<br>**Assets<br>Presented<br>in the<br>Statements<br>of Assets<br>and<br>Liabilities** | **Financial<br>Instruments<br>(b)** | **Non-Cash<br>Collateral<br>Received** | **Cash<br>Collateral<br>Received** | **Net<br>Amount<br>(c)** | **Gross<br>Amounts of<br>Recognized<br>Liabilities<br>(a)** | **Net<br>Amounts<br>of<br>Liabilities<br>Presented<br>in the<br>Statements<br>of Assets<br>and<br>Liabilities** | **Financial<br>Instruments<br>(d)** | **Non-Cash<br>Collateral<br>Pledged** | **Cash<br>Collateral<br>Pledged** | **Net<br>Amount<br>(e)** |
|  | **Assets** | **Assets** | **Assets** | **Assets** | **Assets** | **Assets** | **Liabilities** | **Liabilities** | **Liabilities** | **Liabilities** | **Liabilities** | **Liabilities** |
|  **Selectively Hedged Global Equity Portfolio** | **Selectively Hedged Global Equity Portfolio** | **Selectively Hedged Global Equity Portfolio** | **Selectively Hedged Global Equity Portfolio** | **Selectively Hedged Global Equity Portfolio** | **Selectively Hedged Global Equity Portfolio** |  |  |  |  |  |  |  |
|  State Street Bank and Trust | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— |  |  | &nbsp;&nbsp;&nbsp;&nbsp;— | $469 | $469 | &nbsp;&nbsp;&nbsp;&nbsp;— |  |  | $469 |
|  Bank of America Corp | $19 | $19 | $(19) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;207 | &nbsp;&nbsp;&nbsp;&nbsp;207 | $(19) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;188 |
|  Citibank, N.A | &nbsp;&nbsp;&nbsp;&nbsp;21 | &nbsp;&nbsp;&nbsp;&nbsp;21 | (10) |  |  | $11 | &nbsp;&nbsp;&nbsp;&nbsp;10 | &nbsp;&nbsp;&nbsp;&nbsp;10 | (10) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
|  Societe Generale | &nbsp;&nbsp;&nbsp;&nbsp;7 | &nbsp;&nbsp;&nbsp;&nbsp;7 | &nbsp;&nbsp;&nbsp;&nbsp;(7) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;— | 1057 | 1057 | &nbsp;&nbsp;&nbsp;&nbsp;(7) |  |  | 1050 |
|  UBS AG | &nbsp;&nbsp;&nbsp;&nbsp;74 | &nbsp;&nbsp;&nbsp;&nbsp;74 | &nbsp;&nbsp;&nbsp;&nbsp;— |  |  | &nbsp;&nbsp;&nbsp;&nbsp;74 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
|  Australia and New Zealand Bank | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— |  |  | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;11 | &nbsp;&nbsp;&nbsp;&nbsp;11 | &nbsp;&nbsp;&nbsp;&nbsp;— |  |  | &nbsp;&nbsp;&nbsp;&nbsp;11 |
|  HSBC Bank | &nbsp;&nbsp;&nbsp;&nbsp;55 | &nbsp;&nbsp;&nbsp;&nbsp;55 | &nbsp;&nbsp;&nbsp;&nbsp;(1) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;(1) |  |  |  |
|  Total | $176 | $176 | $(37) |  |  | $139 | $1755 | $1755 | $(37) |  |  | $1718 |

---

(a) No amounts have been netted against the gross amounts
 recognized in the Statements of Assets and Liabilities.

(b) Represents the amount of assets that could be offset
 by liabilities with the same counterparty under master netting or similar agreements that management elects not to offset on the Statements
 of Assets and Liabilities.

(c) Represents the net amount due from counterparties
 in the event of default.

(d) Represents the amount of liabilities that could be
 offset by assets with the same counterparty under master netting or similar agreements that management elects not to offset on the Statements
 of Assets and Liabilities.

(e) Represents the net amount due to counterparties in
 the event of default.

**H. Line of Credit and Interfund Lending Program:** 

The Fund, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 2, 2025, with its domestic custodian bank. A line of credit with similar terms was in effect through April 2, 2025. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 1, 2026.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 26, 2024. A line of credit with similar terms was in effect through December 26, 2024. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio's net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The line of credit agreement expires on December 25, 2025.

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For the six months ended April 30, 2025, borrowings by the following Portfolios under the lines of credit were as follows (amounts in thousands, except percentages and days):

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Weighted<br>Average<br>Interest Rate** | **Weighted<br>Average<br>Loan Balance** | **Number of<br>Days<br>Outstanding\*** | **Interest<br>Expense<br>Incurred** | **Maximum Amount<br>Borrowed During<br>the Period** | **Outstanding<br>Borrowings<br>as of 04/30/2025** |
|  Global Small Company Portfolio | 5.14% | $774 | 24 | $3 | $16415 |  |
|  DFA International Real Estate Securities Portfolio | 5.33% | 14574 | 1 | 2 | 14574 |  |
|  International High Relative Profitability Portfolio | 5.11% | 575 | 15 | 1 | 1504 | $76 |
|  World ex U.S. Value Portfolio | 5.17% | 126 | 36 | 1 | 1146 |  |
|  World ex U.S. Targeted Value Portfolio | 5.17% | 311 | 19 | 1 | 1569 |  |
|  World Core Equity Portfolio | 5.17% | 337 | 30 | 1 | 1370 |  |
|  Emerging Markets Targeted Value Portfolio | 5.33% | 166 | 1 |  | 166 |  |
|  Emerging Markets ex China Core Equity Portfolio | 5.18% | 1513 | 36 | 8 | 5297 |  |

---

\* Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2025, that each Portfolio's available line of credit was used. 

Pursuant to an exemptive order issued by the SEC (the "Order"), the Portfolios may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objectives and limitations. Interfund loans have a maximum duration of seven days and may be called on one business day's notice.

For the six months ended April 30, 2025, activity by the Portfolios under the interfund lending program was as follows (amounts in thousands, except percentages and days):

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Borrower or<br>Lender** | **Weighted<br>Average<br>Interest Rate** | **Weighted<br>Average Loan<br>Balance** | **Number of<br>Days<br>Outstanding\*** | **Interest<br>Expense/<br>Income** | **Maximum Amount<br>Borrowed/Loaned<br>During the Period** | **Outstanding<br>Borrowings<br>as of 04/30/2025** |
|  Emerging Markets Core Equity 2 Portfolio | Borrower | 4.90% | $201567 | 3 | $83 | $310806 |  |

---

\* Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2025 that the Portfolio utilized the interfund lending program. 

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**I. Affiliated Trades:** 

Cross trades for the six months ended April 30, 2025, if any, were executed by the Portfolios pursuant to procedures adopted by the Board to ensure compliance with Rule 17a-7 under the 1940 Act. Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of having a common investment advisor (or affiliated investment advisors), common Directors and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Portfolios complied with the Rule 17a-7 Procedures adopted by the Board.

For the six months ended April 30, 2025, cross trades by the Portfolios under Rule 17a-7 were as follows (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
| **Portfolio** | **Purchases** | **Sales** | **Realized Gain (Loss)** |
|  Large Cap International Portfolio | $77221 | $63144 | $1750 |
|  International Core Equity 2 Portfolio | 41744 | 68392 | (2512) |
|  DFA Global Real Estate Securities Portfolio | 1932 | 47130 | (8820) |
|  DFA International Small Cap Value Portfolio | 154192 | 71015 | 8978 |
|  International Vector Equity Portfolio | 15787 | 21054 | 2828 |
|  International High Relative Profitability Portfolio | 23790 | 11167 | (2219) |
|  World ex U.S. Core Equity Portfolio | 13718 | 32560 | (3244) |
|  World ex U.S. Targeted Value Portfolio | 6274 | 18408 | 1789 |
|  Emerging Markets Core Equity 2 Portfolio | 1058 | 1229 | (1171) |
|  Emerging Markets Targeted Value Portfolio | 199 | 276 | (16) |
|  Emerging Markets ex China Core Equity Portfolio | 884 | 171 | (213) |

---

**J. Securities Lending:** 

As of April 30, 2025, some of the Portfolios had securities on loan to brokers/dealers, for which each such Portfolio received cash collateral. The contractual maturity of cash collateral received under the securities lending agreement is classified as overnight and continuous. The Portfolios also received non-cash collateral consisting of short- and/or long-term U.S. Treasuries and U.S. government agency securities as follows (amounts in thousands):

---

| | |
|:---|:---|
|  | **Non-Cash<br>Collateral<br>Market**<br>**Value** |
|  Large Cap International Portfolio | $25833 |
|  International Core Equity 2 Portfolio | 369341 |
|  DFA International Real Estate Securities Portfolio | 51144 |
|  DFA International Small Cap Value Portfolio | 140142 |
|  International Vector Equity Portfolio | 52590 |
|  International High Relative Profitability Portfolio | 1601 |
|  World ex U.S. Core Equity Portfolio | 78795 |
|  World ex U.S. Targeted Value Portfolio | 13654 |
|  Emerging Markets Core Equity 2 Portfolio | 1822169 |
|  Emerging Markets Targeted Value Portfolio | 10342 |
|  Emerging Markets ex China Core Equity Portfolio | 34617 |

---

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Each Portfolio invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are expected at all times to be secured by collateral in an amount (i) equal to at least 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) generally equal to 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) generally equal to 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Portfolio's collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. In the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. If the borrower fails to return loaned securities, cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities, and such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Portfolio or, at the option of the lending agent, to replace the securities. In the event of the bankruptcy of the borrower, a Portfolio could experience delay in recovering the loaned securities or only recover cash or a security of equivalent value.

Subject to their stated investment policies, each Portfolio with securities on loan will generally invest the cash collateral received for the loaned securities in the Short Term Series, an affiliated registered ultrashort term bond fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Short Term Series. Income received from the Short Term Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. Each Portfolio also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, each Portfolio will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or, other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible for taxation at qualified dividend income rates.

**K. Indemnitees; Contractual Obligations:** 

Under the Fund's organizational documents, its Officers and Directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

In the normal course of business, the Fund enters into contracts that contain a variety of representations and warranties that provide general indemnification. The Fund's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Fund and/or its affiliates that have not yet occurred. However, based on experience, the Fund expects the risk of loss to be remote.

**L. In-Kind Redemptions:** 

During the six months ended April 30, 2025, the Portfolios listed below realized net gains (losses) on in-kind redemptions as follows (amounts in thousands):

---

| | |
|:---|:---|
|  Large Cap International Portfolio | $50999.0 |
|  DFA International Small Cap Value Portfolio | 189250.0 |
|  International Vector Equity Portfolio | 501.0 |
|  International High Relative Profitability Portfolio | 13772.0 |

---

**M. Segment Reporting:** 

In this reporting period, the Portfolios adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The adoption of the new standard only impacted financial statement disclosures and did not affect each Portfolio's financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that (i) engages in business activities from which it may recognize revenues and incur expenses, (ii) has operating results

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that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and (iii) has discrete financial information available. The Fund's Co-Chief Executive Officers and the Chief Financial Officer act as the Portfolios' CODM. Each Portfolio represents a single operating segment, as the CODM monitors the operating results of the Portfolio as a whole. Each Portfolio's long-term strategic asset allocation is executed by its portfolio management team and guided by each Portfolio's investment objective and principal investment strategies, as described in each Portfolio's respective prospectus. The financial information provided to and reviewed by the CODM is consistent with that presented in each Portfolio's Schedule of Investments, Statement of Operations, Statement of Changes in Net Assets, and Financial Highlights.

**N. New Accounting Pronouncement:** 

In December 2023, the FASB issued Accounting Standards Update 2023-09, Income Taxes (Topic 740) –Improvements to Income Tax Disclosures ("ASU 2023-09"). Effective for annual periods beginning after December 15, 2024, the amendments require greater disaggregation of disclosures related to income taxes paid. The ASU 2023-09 allows for early adoption and requires that amendments be applied on a prospective basis. Management is currently evaluating the impact of the ASU 2023-09 but does not expect the guidance to materially impact the financial statements.

**O. Other:** 

As of April 30, 2025, the following number of shareholders, each holding greater than 5%, held the following approximate percentages of the Portfolios' outstanding shares. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.

---

| | | |
|:---|:---|:---|
|  | **Number of<br>Shareholders** | **Approximate<br>Percentage<br>of Outstanding<br>Shares** |
|  Large Cap International Portfolio | 4 | 77% |
|  International Core Equity 2 Portfolio | 3 | 71% |
|  Global Small Company Portfolio | 3 | 87% |
|  International Small Company Portfolio | 3 | 79% |
|  Japanese Small Company Portfolio | 3 | 84% |
|  Asia Pacific Small Company Portfolio | 2 | 91% |
|  United Kingdom Small Company Portfolio | 3 | 91% |
|  Continental Small Company Portfolio | 3 | 92% |
|  DFA International Real Estate Securities Portfolio | 4 | 95% |
|  DFA Global Real Estate Securities Portfolio | 2 | 67% |
|  DFA International Small Cap Value Portfolio | 3 | 77% |
|  International Vector Equity Portfolio | 2 | 91% |
|  International High Relative Profitability Portfolio | 3 | 86% |
|  World ex U.S. Value Portfolio | 5 | 81% |
|  World ex U.S. Core Equity Portfolio | 3 | 75% |
|  World ex U.S. Targeted Value Portfolio | 2 | 97% |
|  World Core Equity Portfolio | 5 | 89% |
|  Selectively Hedged Global Equity Portfolio | 3 | 79% |
|  Emerging Markets Portfolio | 3 | 68% |
|  Emerging Markets Small Cap Portfolio | 3 | 67% |
|  Emerging Markets Value Portfolio | 3 | 51% |
|  Emerging Markets Core Equity 2 Portfolio | 2 | 62% |
|  Emerging Markets Targeted Value Portfolio | 2 | 93% |

---

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---

| | | |
|:---|:---|:---|
|  | **Number of<br>Shareholders** | **Approximate<br>Percentage<br>of Outstanding<br>Shares** |
|  Emerging Markets ex China Core Equity Portfolio | 2 | 77% |

---

The Portfolios are subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy). Although management currently believes that resolving claims, if any, against the Portfolios, individually or in aggregate, will not have a material adverse impact on the Portfolios' financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management's view of these matters may change in the future.

**P. ReFlow Redemption Service:** 

A Portfolio may participate in the ReFlow liquidity program, which is designed to provide an alternative liquidity source for mutual funds experiencing net redemptions of their shares. Pursuant to the program, ReFlow Fund, LLC ("ReFlow") provides participating mutual funds with a source of cash to meet net shareholder redemptions by standing ready each business day to purchase fund shares up to the value of the net shares redeemed by other shareholders that are expected to settle that business day. A fund is not guaranteed to receive cash from ReFlow on any given day as the allocation of ReFlow's cash is based on the results of ReFlow's automated daily auction process among participating mutual funds. Following purchases of fund shares, ReFlow then generally redeems those shares when the fund experiences net shareholder purchases at the end of a maximum holding period, currently 8 days, determined by ReFlow, or at other times at ReFlow's discretion. While ReFlow holds fund shares, it will have the same rights and privileges with respect to those shares as any other shareholder.

For use of the ReFlow program, a fund pays a fee to ReFlow each time it purchases fund shares, calculated by applying to the purchase amount a fee rate determined through the auction process. The current minimum fee rate (which is subject to change) is 0.14% of the value of the fund shares purchased by ReFlow, although the fund may submit a bid at a higher fee rate if it determines that doing so is in the best interest of fund shareholders. ReFlow's purchases of fund shares through the liquidity program are made on an investment-blind basis without regard to the fund's objective, policies, or anticipated performance. In accordance with federal securities laws, ReFlow is prohibited from acquiring more than 3% of the outstanding voting securities of a fund. ReFlow will periodically redeem its entire share position in the Portfolio and may request that such redemption be met in kind in accordance with redemption in-kind policies described in the Portfolio's Prospectus. If the Portfolio is part of a "master-feeder" structure, then the "feeder" Portfolio does not generally buy individual securities directly. Instead, the feeder Portfolio invests in a corresponding "master" Portfolio that in turn purchases stocks and other securities. Under a master-feeder structure, ReFlow redemptions and subscriptions take place at the feeder level, where the capital commitments are pooled, and securities are redeemed at the master level, where the securities are held. As a result, realized gains or losses will be reflected in the master Portfolio's financial statements. Purchases and redemptions of Portfolio shares by ReFlow under the program are not considered excessive short-term trading under the Portfolios' Policy Regarding Excessive Short-Term Trading.

For the six months ended April 30, 2025, the Portfolios' activity in the program is listed below (amounts in thousands, except shares):

---

| | | | |
|:---|:---|:---|:---|
|  | **Value of Cash<br>and Value of<br>Securities<br>Sold** | **Shares Sold** | **Service Fees** |
|  Large Cap International Portfolio | $99408 | 3464770 | $122 |
|  DFA International Small Cap Value Portfolio | 242286 | 10272220 | 191 |
|  International Vector Equity Portfolio | 926 | 66987 | 1 |
|  International High Relative Profitability Portfolio | 32894 | 2483234 | 40 |

---

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**Q. Subsequent Event Evaluations:** 

Management has evaluated the impact of all subsequent events on the Portfolios through the date on which the financial statements were issued and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

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##### [**Table of Contents**](#toc)
**DFA INTERNATIONAL VALUE PORTFOLIO** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value†** |
|  AFFILIATED INVESTMENT COMPANIES — (100.0%) |  |  |
|  INTERNATIONAL EQUITIES — (100.0%) |  |  |
|  The DFA International Value Series |  | $9878608559 |
|  TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES |  | $9878608559 |

---

Summary of the Portfolio's Master Fund's investments as of April 30, 2025, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

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##### [**Table of Contents**](#toc)
**DIMENSIONAL INVESTMENT GROUP INC.** 

**STATEMENT OF ASSETS AND LIABILITIES** 

**APRIL 30, 2025** 

**(Unaudited)** 

**(Amounts in thousands, except share and per share amounts)** 

---

| | |
|:---|:---|
|  | **DFA**<br>**International<br>Value Portfolio** |
|  **ASSETS:** |  |
|  Investments in Affiliated Investment Company at Value | $9878609 |
|  Receivables: |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fund Shares Sold | 5271 |
|  Prepaid Expenses and Other Assets | 56 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Assets | 9883936 |
|  **LIABILITIES:** |  |
|  Payables: |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fund Shares Redeemed | 5668 |
| &nbsp;&nbsp;&nbsp;&nbsp; Due to Advisor | 322 |
|  Accrued Expenses and Other Liabilities | 467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Liabilities | 6457 |
|  **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |
|  **NET ASSETS.** | $9877479 |
|  **NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:** |  |
|  Institutional Class Shares — based on shares outstanding of 423,861,064, $0.01 Par Value (1) | $**23.30** |
| (1) NUMBER OF SHARES AUTHORIZED | 1500000000 |
|  **NET ASSETS CONSIST OF:** |  |
|  Paid-In Capital | $7388600 |
|  Total Distributable Earnings (Loss) | 2488879 |
|  **NET ASSETS** | $9877479 |

---

See accompanying Notes to Financial Statements.

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**DIMENSIONAL INVESTMENT GROUP INC.** 

**STATEMENT OF OPERATIONS** 

**FOR THE SIX MONTHS ENDED APRIL 30, 2025** 

**(Unaudited)** 

**(Amounts in thousands)** 

---

| | |
|:---|:---|
|  | **DFA<br>International<br>Value Portfolio** |
|  **Investment Income** |  |
|  Net Investment Income Allocated from Affiliated Investment Companies: |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends (Net of Foreign Taxes Withheld of $16,975) | $187915 |
| &nbsp;&nbsp;&nbsp;&nbsp; Interest | 2315 |
| &nbsp;&nbsp;&nbsp;&nbsp; Income from Securities Lending, Net | 1887 |
| &nbsp;&nbsp;&nbsp;&nbsp; Expenses Allocated from Affiliated Investment Companies | (9630) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Net Investment Income Allocated from Affiliated Investment Companies | 182487 |
|  **Fund Expenses** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Management Fees | 11388 |
| &nbsp;&nbsp;&nbsp;&nbsp; Accounting & Transfer Agent Fees | 612 |
| &nbsp;&nbsp;&nbsp;&nbsp; Filing Fees | 47 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shareholders' Reports | 138 |
| &nbsp;&nbsp;&nbsp;&nbsp; Directors'/Trustees' Fees & Expenses | 27 |
| &nbsp;&nbsp;&nbsp;&nbsp; Professional Fees | 33 |
| &nbsp;&nbsp;&nbsp;&nbsp; Previously Waived Fees Recovered by Advisor (Note C) | 161 |
| &nbsp;&nbsp;&nbsp;&nbsp; Other | 341 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Fund Expenses | 12747 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fees Waived, Expenses Reimbursed by Advisor (Note C) | 9202 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Expenses | 3545 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Investment Income (Loss)** | 178942 |
|  **Realized and Unrealized Gain (Loss)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company | 84851 |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company | 728448 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Realized and Unrealized Gain (Loss)** | 813299 |
|  **Net Increase (Decrease) in Net Assets Resulting from Operations** | $992241 |

---

See accompanying Notes to Financial Statements.

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**DIMENSIONAL INVESTMENT GROUP INC.** 

**STATEMENTS OF CHANGES IN NET ASSETS** 

**(Amounts in thousands)** 

---

| | | |
|:---|:---|:---|
|  | **DFA International Value<br>Portfolio** | **DFA International Value<br>Portfolio** |
|  | **Six Months<br>Ended**<br>**Apr 30,**<br>**2025** | **Year**<br>**Ended**<br>**Oct 31,**<br>**2024** |
|  | **(Unaudited)** | |
|  **Increase (Decrease) in Net Assets** |  |  |
|  Operations: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income Allocated from Affiliated Investment Company | $178942 | $341571 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company | 84851 | 156757 |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions Allocated from Affiliated Investment Company | 728448 | 1272924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) in Net Assets Resulting from Operations | 992241 | 1771252 |
|  Distributions: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Institutional Class Shares | (105504) | (390125) |
|  Capital Share Transactions (1): |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued | 1100124 | 1603991 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued in Lieu of Cash Distributions | 103329 | 382627 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Redeemed | (1027927) | (2790656) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Capital Share Transactions | 175526 | (804038) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Increase (Decrease) in Net Assets | 1062263 | 577089 |
|  **Net Assets** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Beginning of Period | 8815216 | 8238127 |
| &nbsp;&nbsp;&nbsp;&nbsp; End of Period | $9877479 | $8815216 |
| **(1) Shares Issued and Redeemed:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued | 50511 | 76529 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued in Lieu of Cash Distributions | 4830 | 18501 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Redeemed | (46861) | (133019) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Shares Issued and Redeemed | 8480 | (37989) |

---

See accompanying Notes to Financial Statements.

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**DIMENSIONAL INVESTMENT GROUP INC.** 

**FINANCIAL HIGHLIGHTS** 

**(for a share outstanding throughout each period)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **DFA International Value Portfolio** | **DFA International Value Portfolio** | **DFA International Value Portfolio** | **DFA International Value Portfolio** | **DFA International Value Portfolio** | **DFA International Value Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Net Asset Value, Beginning of Period | $21.22 | $18.17 | $16.19 | $19.80 | $13.54 | $17.18 |
|  <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | 0.42 | 0.78 | 0.80 | 0.79 | 0.62 | 0.38 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Gains (Losses) on Securities (Realized and Unrealized) | 1.91 | 3.17 | 1.96 | (3.49) | 6.23 | (3.58) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total from Investment Operations | 2.33 | 3.95 | 2.76 | (2.70) | 6.85 | (3.20) |
|  <u>Less Distributions:</u> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income | (0.25) | (0.90) | (0.78) | (0.87) | (0.59) | (0.44) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gains |  |  |  | (0.04) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Distributions | (0.25) | (0.90) | (0.78) | (0.91) | (0.59) | (0.44) |
|  Net Asset Value, End of Period. | $23.30 | $21.22 | $18.17 | $16.19 | $19.80 | $13.54 |
|  Total Return | 11.09 %(B) | 21.92% | 16.93% | (13.90%) | 50.90% | (18.87%) |
|  Net Assets, End of Period (thousands) | $9877479 | $8815216 | $8238127 | $7492497 | $8312480 | $6557488 |
|  Ratio of Expenses to Average Net Assets (D) | 0.29 %(C) | 0.29% | 0.29% | 0.30% | 0.36% | 0.40% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) (D) | 0.49 %(C) | 0.49% | 0.49% | 0.50% | 0.56% | 0.60% |
|  Ratio of Net Investment Income to Average Net Assets | 3.93 %(C) | 3.75% | 4.27% | 4.30% | 3.36% | 2.57% |
|  Portfolio Turnover Rate | N/A | N/A | N/A | N/A | N/A | N/A |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

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**DIMENSIONAL INVESTMENT GROUP INC.** 

**NOTES TO FINANCIAL STATEMENTS** 

**(UNAUDITED)** 

**A. Organization:** 

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940 (the "1940 Act"), whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of ten portfolios, one of which, the DFA International Value Portfolio (the "Portfolio"), is presented in this section of the report. The remaining operational portfolios are presented in separate reports. The Portfolio is an investment company, and accordingly, follows the accounting and reporting guidance under the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC"), Topic 946, "Financial Services-Investment Companies."

The Portfolio invests substantially all of its assets in The DFA International Value Series (the "Series"), a corresponding series of The DFA Investment Trust Company. As of April 30, 2025, the Portfolio owned 71% of the Series. The financial statements of the Series are included else where in this report and should be read in conjunction with the financial statements of the Portfolio.

**B. Significant Accounting Policies:** 

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America ("GAAP"). Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates, and those differences could be material.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. *Security Valuation*: The Portfolio uses a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

• Level 1 – inputs are quoted prices in active
 markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

• Level 2 – other significant observable inputs
 (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including
 the Portfolio's own assumptions in determining the fair value of investments)

The Portfolio's investment reflects its proportionate interests in the net assets of the Series. The valuation is classified as Level 1 in the hierarchy.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Directors (the "Board") of the Fund. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP (the "Advisor")) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the Portfolio may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

A summary of the inputs used to value the Portfolio's investments by each major security type, industry and/or country is disclosed previously in this note. The methodology or inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. *Deferred Compensation Plan*: Each eligible Director of the Fund may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds, each of which are affiliates of the Portfolio, and advised by the Advisor: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company Portfolio, U.S. Vector Equity Portfolio, U.S. Micro Cap Portfolio, DFA International Value Portfolio, International Core Equity 2 Portfolio, Emerging Markets Portfolio, Emerging Markets Core Equity 2 Portfolio, DFA Inflation-Protected Securities Portfolio, and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors'/Trustees' Fees & Expenses.

The Directors may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Director shall have the right in a notice of election (the "Notice") to defer the receipt of the Director's deferred compensation until a date specified by such Director in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board; and (ii) five years following the effective date of the Director's first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director's deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board (unless the Director files an amended Notice selecting a different distribution date).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. *Other*: The Portfolio recognizes its pro-rata share, on a daily basis, of net investment income and realized and unrealized gains and losses of investment securities from the Series, which is treated as a partnership for federal income tax purposes. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Portfolio estimates the character of received distributions that may be considered return of capital distributions. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund or the Portfolio are allocated using methods approved by the Board, generally based on average net assets.

**C. Investment Advisor:** 

The Advisor provides investment management services to the Portfolio. For the six months ended April 30, 2025, the Portfolio's investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rate of average daily net assets:

---

| | | |
|:---|:---|:---|
|  DFA International Value Portfolio | 0.25 | % |

---

Pursuant to an Amended and Restated Fee Waiver and/or Expense Assumption Agreement (the "Fee Waiver Agreement"), the Advisor has contractually agreed to permanently waive all or a portion of the management fee of the Portfolio to the extent necessary to limit the total management fees paid to the Advisor by the Portfolio, as described in the notes below. In addition to the permanent fee waiver, the Advisor has contractually agreed to waive certain fees, and in certain instances, assume certain expenses of the Portfolio, as described in the notes below. The Fee Waiver Agreement, with respect to the total management fees paid to the Advisor, will remain in effect permanently, unless terminated by the Portfolio's Board of Directors. The remaining portion of the Fee Waiver Agreement will remain in effect through February 28, 2026, may only be terminated by the Fund's Board prior to that date and shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. During the six months ended April 30, 2025, the Portfolio had an expense limit and total management fee limit based on a percentage of its average net assets on an annualized basis, as reflected below. The recovered previously waived fees/assumed expenses during the six months ended April 30, 2025, waived fees/assumed expenses during the six months ended April 30, 2025, and previously waived fees/assumed expenses subject to future recovery by the Advisor, are reflected below (amounts in thousands).

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---

| | | | | |
|:---|:---|:---|:---|:---|
| **Institutional Class Shares** | **Expense<br>Limitation<br>Amount** | **Total<br>Management<br>Fee Limit** | **Recovery<br>of Previously<br>Waived Fees/<br>Assumed Expenses** | **Waived Fees/<br>Assumed<br>Expenses** |
|  DFA International Value Portfolio (1) | 0.28% | 0.25% | $161 | $9202 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The Advisor has contractually agreed to permanently waive all or a portion of the management fee of the Portfolio to the extent necessary to limit the total management fees paid to the Advisor by the Portfolio, including the proportionate share of the management fees the Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in The DFA Short Term Investment Fund, to the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the "Permanent Fee Waiver"). In addition to the Permanent Fee Waiver, effective February 28, 2025, the Advisor has contractually agreed to further waive all or a portion of its management fee and to assume the other expenses of a class of the Portfolio (including expenses incurred through its investment in other investment companies managed by the Advisor, except for the expenses that the Portfolio incurs indirectly through investments of securities lending cash collateral in Short Term Series and unaffiliated money market funds) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of each class of the Portfolio to the rate listed above as a percentage of the average net assets of each class of the Portfolio on an annualized basis (the "Expense Limitation Amount"). Prior to February 28, 2025, the Advisor had contractually agreed to further waive all or a portion of its management fee and to assume the other direct expenses of a class of the Portfolio (excluding expenses incurred through its investment in other investment companies managed by the Advisor) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of each class of the Portfolio to the Expense Limitation Amount. At any time that the Portfolio Expenses of a class of the Portfolio are less than the applicable Expense Limitation Amount/Total Management Fee Limit listed above for the Portfolio, the Advisor retains the right to recover fees previously waived and/or expenses previously assumed to the extent that the expense ratio following such recovery would be less than the Expense Limitation Amount/Total Management Fee Limit that was in place when such prior year fees were waived and/or expenses assumed, and less than the current Expense Limitation Amount/Total Management Fee Limit in place for the Portfolio. The Advisor, however, will not be reimbursed by the Portfolio in connection with its Permanent Fee Waiver. The Fund, on behalf of the Portfolio, is also not obligated to reimburse the Advisor for fees previously waived or expenses previously assumed by the Advisor more than thirty-six months before the date of recovery.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Previously**<br>**Waived Fees/Assumed Expenses**<br>**Subject to Future**<br>**Recovery**<br>**Expiring** | **Previously**<br>**Waived Fees/Assumed Expenses**<br>**Subject to Future**<br>**Recovery**<br>**Expiring** | **Previously**<br>**Waived Fees/Assumed Expenses**<br>**Subject to Future**<br>**Recovery**<br>**Expiring** | **Previously**<br>**Waived Fees/Assumed Expenses**<br>**Subject to Future**<br>**Recovery**<br>**Expiring** | **Previously**<br>**Waived Fees/Assumed Expenses**<br>**Subject to Future**<br>**Recovery**<br>**Expiring** |
|  | **10/31/2025** | **10/31/2026** | **10/31/2027** | **4/30/2028** | **Total** |
|  DFA International Value Portfolio | $— | $— | $— | $77 | $77 |

---

**Fees Paid to Officers and Directors/Trustees:** 

Certain Officers and Directors of the Advisor are also Officers and Directors of the Fund; however, such Officers and Directors (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the six months ended April 30, 2025, the total related amounts paid by the Fund to the CCO were $11 (in thousands). The total related amounts paid by the Portfolio are included in Other Expenses on the Statement of Operations.

**D. Deferred Compensation:** 

As of April 30, 2025, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities as follows (amount in thousands):

---

| | |
|:---|:---|
|  DFA International Value Portfolio | $128.0 |

---

**E. Federal Income Taxes:** 

The Portfolio has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to its shareholders. Accordingly, no provision has been made for federal income taxes.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under GAAP. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are

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charged or credited to paid-in capital or distributable earnings, undistributed net investment income, accumulated net realized gains or losses, or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2024, can occur as a result of realized gains on securities considered to be "passive foreign investment companies", non-deductible expenses, realized foreign capital gains tax, the use of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes, net foreign currency gains/losses, distributions received from real estate investment trusts and distribution redesignations, and were reclassified to the accounts mentioned above.

The tax character of dividends and distributions declared and paid during the years ended October 31, 2023, and October 31, 2024, were as follows (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment<br>Income and<br>Short-Term<br>Capital Gains** | **Long-Term<br>Capital Gains** | **Total** |
|  DFA International Value Portfolio |  |  |  |
| 2023 | $351443 |  | $351443 |
| 2024 | 390125 |  | 390125 |

---

As of October 31, 2024, the following net investment income and short-term capital gains and long-term capital gains distributions designated for federal income tax purposes are due to the use of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment<br>Income and<br>Short-Term<br>Capital Gains** | **Long-Term<br>Capital Gains** | **Total** |
|  DFA International Value Portfolio | $(38407) | – | $(38407) |

---

As of October 31, 2024, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Undistributed<br>Net Investment<br>Income and<br>Short-Term<br>Capital Gains** | **Undistributed<br>Long-Term<br>Capital Gains** | **Capital Loss<br>Carryforwards** | **Unrealized<br>Appreciation<br>(Depreciation)** | **Total Net<br>Distributable<br>Earnings<br>(Accumulated<br>Losses)** |
|  DFA International Value Portfolio | $43161 | – | $(82162) | $1641288 | $1602287 |

---

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2024, the Portfolio had the following capital loss carryforwards available to offset future realized capital gains with no expiration date (amount in thousands):

---

| | |
|:---|:---|
|  | **Total** |
|  DFA International Value Portfolio | $82162 |

---

During the year ended October 31, 2024, the Portfolio used the following capital loss carryforwards to offset realized capital gains for federal income tax purposes (amount in thousands):

---

| | |
|:---|:---|
|  DFA International Value Portfolio | $12535.0 |

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As of April 30, 2025, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Federal** <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Tax Cost**  | **Unrealized<br>Appreciation** | **Unrealized<br>(Depreciation)** | **Net<br>Unrealized<br>Appreciation<br>(Depreciation)** |
|  DFA International Value Portfolio | $7522046 | $2427684 | – | $2427684 |

---

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in the tax treatment of passive foreign investment company investments or other investments.

*ASC 740 Accounting for Uncertainty in Income Taxes* sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Under GAAP, the Portfolio recognizes the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained, assuming examination by tax authorities. Management has analyzed the Portfolio's tax positions and has concluded that no additional provision for income tax is required in the Portfolio's financial statements. The Portfolio is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolio's federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

**F. Indemnitees; Contractual Obligations:** 

Under the Fund's organizational documents, its Officers and Directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

In the normal course of business, the Fund enters into contracts that contain a variety of representations and warranties that provide general indemnification. The Fund's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Fund and/or its affiliates that have not yet occurred. However, based on experience, the Fund expects the risk of loss to be remote.

**G. Segment Reporting:** 

In this reporting period, the Portfolio adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The adoption of the new standard only impacted financial statement disclosures and did not affect the Portfolio's financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that (i) engages in business activities from which it may recognize revenues and incur expenses, (ii) has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and (iii) has discrete financial information available. The Fund's Co-Chief Executive Officers and the Chief Financial Officer act as the Portfolio's CODM. The Portfolio represents a single operating segment, as the CODM monitors the operating results of the Portfolio as a whole. The Portfolio's long-term strategic asset allocation is executed by its portfolio management team and guided by the Portfolio's investment objective and principal investment strategies, as described in the Portfolio's respective prospectus. The financial information provided to and reviewed by the CODM is consistent with that presented in the Portfolio's Schedule of Investments, Statement of Operations, Statement of Changes in Net Assets, and Financial Highlights.

**H. New Accounting Pronouncement:** 

In December 2023, the FASB issued Accounting Standards Update 2023-09, Income Taxes (Topic 740) –Improvements to Income Tax Disclosures ("ASU 2023-09"). Effective for annual periods beginning after December 15, 2024, the amendments require greater disaggregation of disclosures related to income taxes paid. The

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ASU 2023-09 allows for early adoption and requires that amendments be applied on a prospective basis. Management is currently evaluating the impact of the ASU 2023-09 but does not expect the guidance to materially impact the financial statements.

**I. Other:** 

As of April 30, 2025, the following number of shareholders, each holding greater than 5%, held the following approximate percentages of the Portfolio's outstanding shares. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.

---

| | | |
|:---|:---|:---|
|  | **Number of<br>Shareholders** | **Approximate<br>Percentage<br>of Outstanding<br>Shares** |
|  DFA International Value Portfolio | 2 | 60% |

---

The Portfolio is subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy). Although management currently believes that resolving claims, if any, against the Portfolio, individually or in aggregate, will not have a material adverse impact on the Portfolio's financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management's view of these matters may change in the future.

**J. ReFlow Redemption Service:** 

The Portfolio may participate in the ReFlow liquidity program, which is designed to provide an alternative liquidity source for mutual funds experiencing net redemptions of their shares. Pursuant to the program, ReFlow Fund, LLC ("ReFlow") provides participating mutual funds with a source of cash to meet net shareholder redemptions by standing ready each business day to purchase fund shares up to the value of the net shares redeemed by other shareholders that are expected to settle that business day. A fund is not guaranteed to receive cash from ReFlow on any given day as the allocation of ReFlow's cash is based on the results of ReFlow's automated daily auction process among participating mutual funds. Following purchases of fund shares, ReFlow then generally redeems those shares when the fund experiences net shareholder purchases at the end of the maximum holding period, currently 8 days, determined by ReFlow, or at other times at ReFlow's discretion. While ReFlow holds fund shares, it will have the same rights and privileges with respect to those shares as any other shareholder.

For use of the ReFlow program, a fund pays a fee to ReFlow each time it purchases fund shares, calculated by applying to the purchase amount a fee rate determined through the auction process. The current minimum fee rate (which is subject to change) is 0.14% of the value of the fund shares purchased by ReFlow, although the fund may submit a bid at a higher fee rate if it determines that doing so is in the best interest of fund shareholders. ReFlow's purchases of fund shares through the liquidity program are made on an investment-blind basis without regard to the fund's objective, policies, or anticipated performance. In accordance with federal securities laws, ReFlow is prohibited from acquiring more than 3% of the outstanding voting securities of a fund. ReFlow will periodically redeem its entire share position in the Portfolio and may request that such redemption be met in kind in accordance with redemption in-kind policies described in the Portfolio's Prospectus. Purchases and redemptions of Portfolio shares by ReFlow under the program are not considered excessive short-term trading under the Portfolio's Policy Regarding Excessive Short-Term Trading.

During the six months ended April 30, 2025, the Portfolio's activity in the program was as follows (amounts in thousands, except shares):

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Value of Cash <br> and Value of <br> Securities** <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Sold**  | **Shares Sold** | **Service Fees** |
|  DFA International Value Portfolio | $159487 | 7185121 | $276 |

---

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**K. Subsequent Event Evaluations:** 

Management has evaluated the impact of all subsequent events on the Portfolio through the date on which the financial statements were issued and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

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**THE DFA INTERNATIONAL VALUE SERIES** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COMMON STOCKS — (94.9%) | COMMON STOCKS — (94.9%) |  |  |
|  AUSTRALIA — (5.5%) | AUSTRALIA — (5.5%) |  |  |
|  # | Ampol Ltd. | 135305 | $2054500 |
|  | Ansell Ltd. | 19794 | 383995 |
|  | ANZ Group Holdings Ltd. | 3720839 | 71150836 |
|  | Aurizon Holdings Ltd. | 8613723 | 16863201 |
|  | Bendigo & Adelaide Bank Ltd. | 1005936 | 7196294 |
|  | BlueScope Steel Ltd. | 2726750 | 41764157 |
|  | Cleanaway Waste Management Ltd. | 3834882 | 6382035 |
|  | Dyno Nobel Ltd. | 4245410 | 6162643 |
|  # | Endeavour Group Ltd. | 851987 | 2179305 |
|  | Evolution Mining Ltd. | 6549604 | 32846401 |
|  | Fortescue Ltd. | 1134665 | 11718465 |
|  | Hafnia Ltd. | 292039 | 1346181 |
|  | Harvey Norman Holdings Ltd. | 2079606 | 6952851 |
|  | National Australia Bank Ltd. | 4696624 | 108448354 |
|  \* | NEXTDC Ltd. | 68771 | 522132 |
|  | Northern Star Resources Ltd. | 2987636 | 36699151 |
|  | Orica Ltd. | 1865299 | 19361517 |
|  | Origin Energy Ltd. | 3452895 | 23534950 |
|  | QBE Insurance Group Ltd. | 2057129 | 28429361 |
|  # | Rio Tinto Ltd. | 585277 | 43788802 |
|  | Santos Ltd. | 11184639 | 42997812 |
|  | Sonic Healthcare Ltd. | 1570168 | 26217034 |
|  | South32 Ltd. (S32 AU) | 12702062 | 21889402 |
|  | Suncorp Group Ltd. | 2725857 | 35447275 |
|  | TPG Telecom Ltd. | 518044 | 1677459 |
|  # | Treasury Wine Estates Ltd. | 451021 | 2578030 |
|  | Westpac Banking Corp. | 5237352 | 109906672 |
|  # | Whitehaven Coal Ltd. | 3239434 | 10362093 |
|  | Woodside Energy Group Ltd. (WDS AU) | 2876455 | 37494971 |
|  | Worley Ltd. | 703008 | 5600921 |
|  # | Yancoal Australia Ltd. | 1237983 | 3947512 |
|  TOTAL AUSTRALIA | TOTAL AUSTRALIA | TOTAL AUSTRALIA | <br> 765904312 |
|  AUSTRIA — (0.2%) | AUSTRIA — (0.2%) |  |  |
|  | Erste Group Bank AG | 138521 | 9380865 |
|  | OMV AG | 231442 | 11966387 |
|  TOTAL AUSTRIA | TOTAL AUSTRIA | TOTAL AUSTRIA | <br> 21347252 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BELGIUM — (0.8%) | BELGIUM — (0.8%) |  |  |
|  | Ageas SA | 460580 | $28885843 |
|  | Anheuser-Busch InBev SA (ABI BB) | 451334 | 29746951 |
|  | KBC Group NV | 462193 | 42618243 |
|  # | Solvay SA | 31585 | 1195257 |
|  | Syensqo SA | 204971 | 14662147 |
|  TOTAL BELGIUM | TOTAL BELGIUM | TOTAL BELGIUM | <br> 117108441 |
|  CANADA — (10.4%) | CANADA — (10.4%) |  |  |
|  | Agnico Eagle Mines Ltd. (AEM US) | 356399 | 41905394 |
|  | AltaGas Ltd. | 450341 | 13327951 |
|  | ARC Resources Ltd. | 396364 | 7334430 |
|  | Bank of Montreal (BMO CN) | 1808 | 173233 |
|  | Bank of Montreal (BMO US) | 1308032 | 124890895 |
|  | Bank of Nova Scotia (BNS CN) | 503391 | 25187807 |
|  | Bank of Nova Scotia (BNS US) | 1310049 | 65476249 |
|  | Barrick Gold Corp. (ABX CN) | 42338 | 807389 |
|  | Barrick Gold Corp. (GOLD US) | 5387862 | 102584893 |
|  | Canadian Imperial Bank of Commerce (CM CN) | 1726071 | 108865424 |
|  # | Canadian Imperial Bank of Commerce (CM US) | 496982 | 31285017 |
|  # | Canadian Tire Corp. Ltd., Class A | 89089 | 9750289 |
|  | Cenovus Energy, Inc. (CVE US) | 3776058 | 44444203 |
|  | Empire Co. Ltd., Class A | 41544 | 1542908 |
|  | Fairfax Financial Holdings Ltd. | 56550 | 88287078 |
|  \* | First Quantum Minerals Ltd. | 1335542 | 17931872 |
|  | iA Financial Corp., Inc. | 357153 | 34694567 |
|  | IGM Financial, Inc. | 87856 | 2791942 |
|  | Imperial Oil Ltd. (IMO US) | 7127 | 480217 |
|  | Kinross Gold Corp. (K CN) | 4622914 | 68240461 |
|  | Kinross Gold Corp. (KGC US) | 428096 | 6318697 |

---

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**THE DFA INTERNATIONAL VALUE SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CANADA — (Continued) | CANADA — (Continued) |  |  |
|  | Lundin Mining Corp. | 2686540 | $21981845 |
|  # | Magna International, Inc. (MGA US) | 482024 | 16755154 |
|  | Manulife Financial Corp. (MFC CN) | 450447 | 13804864 |
|  | Manulife Financial Corp. (MFC US) | 2384237 | 73005337 |
|  | MEG Energy Corp. | 262796 | 3686693 |
|  | Nutrien Ltd. (NTR US) | 1667476 | 95129494 |
|  | Onex Corp. | 88109 | 6238444 |
|  | Pan American Silver Corp. (PAAS US) | 265048 | 6673909 |
|  | Saputo, Inc. | 199970 | 3901924 |
|  | Suncor Energy, Inc. (SU CN) | 840913 | 29699751 |
|  | Suncor Energy, Inc. (SU US) | 2343254 | 82693434 |
|  | Teck Resources Ltd. (TECK US), Class B | 1857253 | 63128029 |
|  | Teck Resources Ltd. (TECKB CN), Class B | 3183 | 108170 |
|  # | Toronto-Dominion Bank (TD CN) | 308375 | 19704594 |
|  # | Toronto-Dominion Bank (TD US) | 2264467 | 144427705 |
|  # | Tourmaline Oil Corp | 1218004 | 53805632 |
|  | West Fraser Timber Co. Ltd. (WFG CN) | 150880 | 11170986 |
|  # | West Fraser Timber Co. Ltd. (WFG US) | 11473 | 848773 |
|  | Whitecap Resources, Inc | 548309 | 3110240 |
|  TOTAL CANADA | TOTAL CANADA | TOTAL CANADA | <br> 1446195894 |
|  DENMARK — (2.4%) | DENMARK — (2.4%) |  |  |
|  # | AP Moller - Maersk AS (MAERSKA DC), Class A | 4892 | 8360723 |
|  | AP Moller - Maersk AS (MAERSKB DC), Class B | 6957 | 11979150 |
|  #\* | Cadeler AS (CADLR NO) | 41515 | 217082 |
|  | Carlsberg AS, Class B | 291587 | 39729790 |
|  # | Coloplast AS, Class B | 219419 | 24830124 |
|  | Danske Bank AS | 945349 | 33169985 |
|  \* | Demant AS | 154481 | 5625715 |
|  | DSV AS | 390713 | 82815413 |
|  \* | Genmab AS (GMAB DC) | 65409 | 13869233 |
|  | H Lundbeck AS (HLUNB DC) | 90194 | 431625 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  DENMARK — (Continued) | DENMARK — (Continued) |  |  |
|  | Novonesis Novozymes B, Class B | 925882 | $60142818 |
|  | Pandora AS | 160355 | 23870905 |
|  | Rockwool AS, Class A | 910 | 41494 |
|  | Rockwool AS, Class B | 199803 | 9121039 |
|  | Tryg AS | 392564 | 9362783 |
|  # | Vestas Wind Systems AS | 924385 | 12324085 |
|  TOTAL DENMARK | TOTAL DENMARK | TOTAL DENMARK | <br> 335891964 |
|  FINLAND — (0.6%) | FINLAND — (0.6%) |  |  |
|  # | Nokia OYJ (NOK US), Sponsored ADR | 1331054 | 6641959 |
|  | Nokia OYJ (NOKIA FH) | 10020106 | 50092244 |
|  | Nordea Bank Abp (NDA FH) | 4019 | 55659 |
|  | Nordea Bank Abp (NDA SS) | 1748526 | 23994595 |
|  | Stora Enso OYJ, Class R | 680424 | 6320042 |
|  | UPM-Kymmene OYJ | 121637 | 3221690 |
|  TOTAL FINLAND | TOTAL FINLAND | TOTAL FINLAND | <br> 90326189 |
|  FRANCE — (10.3%) | FRANCE — (10.3%) |  |  |
|  \* | Alstom SA | 128122 | 3094039 |
|  W | Amundi SA | 67754 | 5351969 |
|  | BNP Paribas SA | 1245833 | 105558778 |
|  | Bollore SE | 1793750 | 11095100 |
|  | Bouygues SA | 917705 | 40338001 |
|  \* | Canal & SA | 546690 | 1242219 |
|  | Carrefour SA | 1456744 | 22468398 |
|  | Cie de Saint-Gobain SA | 1695733 | 184356684 |
|  | Cie Generale des Etablissements Michelin SCA | 2740740 | 100217189 |
|  | Credit Agricole SA | 1088951 | 20425003 |
|  | Eiffage SA | 284086 | 38656361 |
|  | Engie SA | 5878852 | 121506070 |
|  \* | Louis Hachette Group | 189809 | 299270 |
|  | Orange SA (ORA FP) | 6663357 | 96672268 |
|  | Pernod Ricard SA | 71038 | 7700197 |
|  | Publicis Groupe SA (PUB FP) | 330272 | 33604182 |
|  | Renault SA | 865348 | 45959656 |
|  | Rexel SA | 591057 | 16421707 |
|  | Sanofi SA (SAN FP) | 1175373 | 128576202 |
|  | Societe Generale SA | 2007247 | 104655791 |
|  | TotalEnergies SE (TTE FP) | 5829143 | 332000000 |
|  | Vivendi SE | 546690 | 1704831 |
|  TOTAL FRANCE | TOTAL FRANCE | TOTAL FRANCE | <br> 1421903915 |

---

865

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##### [**Table of Contents**](#toc)
**THE DFA INTERNATIONAL VALUE SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GERMANY — (7.8%) | GERMANY — (7.8%) |  |  |
|  | BASF SE | 2926486 | $149454065 |
|  | Bayer AG | 887531 | 23259689 |
|  | Bayerische Motoren Werke AG | 725332 | 61520830 |
|  | Brenntag SE | 44054 | 2942096 |
|  | Commerzbank AG | 2938302 | 77769629 |
|  | Continental AG | 296221 | 23156971 |
|  \* | Covestro AG | 486865 | 32770569 |
|  | Daimler Truck Holding AG | 1908515 | 76677410 |
|  | Deutsche Bank AG (DB US) | 1042151 | 27314778 |
|  | Deutsche Bank AG (DBK GR) | 2533328 | 66424726 |
|  | Deutsche Lufthansa AG | 524114 | 3766096 |
|  | Deutsche Post AG | 1770197 | 75636972 |
|  W | DWS Group GmbH & Co. KGaA | 36632 | 1928433 |
|  | E.ON SE | 4743428 | 82960615 |
|  | Evonik Industries AG | 293199 | 6589016 |
|  | Fresenius Medical Care AG (FME GR) | 404679 | 20588276 |
|  \* | Fresenius SE & Co. KGaA | 565563 | 26862498 |
|  #W | Hapag-Lloyd AG | 11832 | 1862953 |
|  | Heidelberg Materials AG | 490528 | 98063157 |
|  | Henkel AG & Co. KGaA | 141005 | 9952151 |
|  | Infineon Technologies AG (IFX GR) | 581803 | 19271087 |
|  | Mercedes-Benz Group AG | 2103162 | 125745552 |
|  | Merck KGaA | 48165 | 6705535 |
|  | RWE AG | 956880 | 37159619 |
|  \* | Talanx AG | 65949 | 7568843 |
|  | Volkswagen AG | 73128 | 8163669 |
|  TOTAL GERMANY | TOTAL GERMANY | TOTAL GERMANY | <br> 1074115235 |
|  HONG KONG — (1.1%) | HONG KONG — (1.1%) |  |  |
|  | BOC Hong Kong Holdings Ltd. | 7678000 | 31851263 |
|  # | Cathay Pacific Airways Ltd. | 7060999 | 8113551 |
|  | CK Asset Holdings Ltd. | 1625303 | 6639952 |
|  | CK Hutchison Holdings Ltd. | 4680984 | 26396432 |
|  W | ESR Group Ltd. | 1613600 | 2569565 |
|  | Henderson Land Development Co. Ltd. | 1134485 | 3217331 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  | MTR Corp. Ltd. | 1214933 | $4194345 |
|  | Sino Land Co. Ltd. | 5938656 | 6103157 |
|  | Sun Hung Kai Properties Ltd. | 1804420 | 17117471 |
|  | Swire Pacific Ltd. (19 HK), Class A | 1337500 | 11566245 |
|  | Swire Pacific Ltd. (87 HK), Class B | 2807500 | 3864139 |
|  W | WH Group Ltd. | 32879196 | 29400817 |
|  # | Xinyi Glass Holdings Ltd. | 1118126 | 1046881 |
|  TOTAL HONG KONG | TOTAL HONG KONG | TOTAL HONG KONG | <br> 152081149 |
|  IRELAND — (0.2%) | IRELAND — (0.2%) |  |  |
|  | AIB Group PLC | 1075655 | 7229542 |
|  | Bank of Ireland Group PLC | 1468145 | 17238160 |
|  \* | Flutter Entertainment PLC | 2096 | 508623 |
|  | Smurfit WestRock PLC | 59138 | 2484979 |
|  TOTAL IRELAND | TOTAL IRELAND | TOTAL IRELAND | <br> 27461304 |
|  ISRAEL — (0.8%) | ISRAEL — (0.8%) |  |  |
|  | Bank Hapoalim BM | 1744949 | 25595943 |
|  | Bank Leumi Le-Israel BM | 2824004 | 40103761 |
|  | Clal Insurance Enterprises Holdings Ltd. | 228957 | 6282150 |
|  | Delek Group Ltd. | 39719 | 6336555 |
|  | Harel Insurance Investments & Financial Services Ltd. | 363624 | 6044140 |
|  | Israel Discount Bank Ltd., Class A | 3035053 | 22670274 |
|  | Migdal Insurance & Financial Holdings Ltd. | 1344878 | 2586464 |
|  | Phoenix Financial Ltd. | 174250 | 3431513 |
|  TOTAL ISRAEL | TOTAL ISRAEL | TOTAL ISRAEL | <br> 113050800 |
|  ITALY — (1.4%) | ITALY — (1.4%) |  |  |
|  | Banco BPM SpA | 2118518 | 23647995 |
|  # | BPER Banca SpA | 85983 | 698361 |
|  | Eni SpA (ENI IM) | 4916050 | 70405397 |
|  | UniCredit SpA | 1815668 | 105637113 |
|  TOTAL ITALY | TOTAL ITALY | TOTAL ITALY | <br> 200388866 |
|  JAPAN — (20.0%) | JAPAN — (20.0%) |  |  |
|  | Acom Co. Ltd. | 136600 | 382767 |

---

866

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##### [**Table of Contents**](#toc)
**THE DFA INTERNATIONAL VALUE SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  # | AGC, Inc. | 857900 | $26785259 |
|  | Air Water, Inc. | 356186 | 4857096 |
|  | Aisin Corp. | 1908300 | 24237922 |
|  | Alfresa Holdings Corp. | 279799 | 4223883 |
|  | Amada Co. Ltd. | 1065300 | 10666878 |
|  | Asahi Group Holdings Ltd. | 4112674 | 56846568 |
|  | Asahi Kasei Corp. | 3552687 | 24757755 |
|  | Bridgestone Corp. | 724900 | 30311804 |
|  | Brother Industries Ltd. | 752500 | 13224112 |
|  | Canon Marketing Japan, Inc. | 139900 | 4952441 |
|  | Chiba Bank Ltd. | 1064000 | 9460533 |
|  | Coca-Cola Bottlers Japan Holdings, Inc. | 196657 | 3694556 |
|  | COMSYS Holdings Corp. | 105199 | 2331637 |
|  | Concordia Financial Group Ltd. | 1803900 | 11667543 |
|  | Cosmo Energy Holdings Co. Ltd. | 273700 | 11233207 |
|  | Credit Saison Co. Ltd. | 502392 | 11732323 |
|  | Dai Nippon Printing Co. Ltd. | 537300 | 7489278 |
|  | Daicel Corp. | 617900 | 5259665 |
|  | Dai-ichi Life Holdings, Inc. | 4959788 | 35811884 |
|  | Daiwa House Industry Co. Ltd. | 1057400 | 38259822 |
|  | Daiwa Securities Group, Inc. | 1137547 | 7480422 |
|  | Denso Corp. | 1898900 | 24518462 |
|  | Dentsu Group, Inc. | 34400 | 721234 |
|  | ENEOS Holdings, Inc. | 9886903 | 47597809 |
|  | EXEO Group, Inc. | 153100 | 1787770 |
|  | Fuji Media Holdings, Inc. | 97100 | 2010687 |
|  | FUJIFILM Holdings Corp. | 845500 | 17317844 |
|  | Fukuoka Financial Group, Inc. | 260600 | 6885120 |
|  | Fuyo General Lease Co. Ltd. | 103800 | 2896485 |
|  | Gunma Bank Ltd. | 260300 | 2170838 |
|  | Hachijuni Bank Ltd. | 651143 | 4914821 |
|  | Hakuhodo DY Holdings, Inc. | 303599 | 2282583 |
|  | Hankyu Hanshin Holdings, Inc. | 693300 | 19774425 |
|  | Haseko Corp. | 682372 | 9746057 |
|  | Hitachi Construction Machinery Co. Ltd. | 324999 | 9712555 |
|  | Honda Motor Co. Ltd. (7267 JP) | 10142400 | 103196280 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Hulic Co. Ltd. | 90700 | $948441 |
|  | Ibiden Co. Ltd. | 182852 | 5068880 |
|  | Idemitsu Kosan Co. Ltd. | 3113310 | 19293219 |
|  | Iida Group Holdings Co. Ltd. | 267151 | 4228680 |
|  | INFRONEER Holdings, Inc. | 147321 | 1256546 |
|  | Inpex Corp. | 3078783 | 38514011 |
|  | Isetan Mitsukoshi Holdings Ltd. | 80200 | 1030928 |
|  | Isuzu Motors Ltd. | 1933200 | 25998511 |
|  | Iwatani Corp. | 246200 | 2357336 |
|  | Iyogin Holdings, Inc. | 184600 | 2141214 |
|  | J Front Retailing Co. Ltd. | 828217 | 10137498 |
|  | Japan Airlines Co. Ltd. | 295000 | 5344635 |
|  | Japan Post Bank Co. Ltd. | 141100 | 1450782 |
|  | Japan Post Holdings Co. Ltd. | 1397610 | 13585137 |
|  | Japan Post Insurance Co. Ltd. | 134400 | 2701864 |
|  # | JFE Holdings, Inc. | 1796260 | 20919276 |
|  | JTEKT Corp. | 160371 | 1238556 |
|  | Kajima Corp. | 732900 | 17499924 |
|  | Kamigumi Co. Ltd. | 315700 | 7728187 |
|  | Kandenko Co. Ltd. | 51900 | 1028791 |
|  # | Kawasaki Kisen Kaisha Ltd. | 693700 | 9513613 |
|  | Kinden Corp. | 205700 | 5324389 |
|  | Kobe Steel Ltd. | 1186377 | 13913690 |
|  | Koito Manufacturing Co. Ltd. | 545301 | 6604983 |
|  | Komatsu Ltd. | 510500 | 14763438 |
|  | Kubota Corp. (6326 JP) | 2906320 | 33772569 |
|  | Kuraray Co. Ltd. | 1303291 | 15224376 |
|  | Kyocera Corp. | 1183500 | 14026520 |
|  | Kyoto Financial Group, Inc. | 454716 | 7804977 |
|  | Kyudenko Corp. | 6700 | 225047 |
|  | Kyushu Financial Group, Inc. | 402700 | 2032822 |
|  | Lixil Corp. | 643685 | 7584933 |
|  | LY Corp. | 1624800 | 6145027 |
|  | Mabuchi Motor Co. Ltd. | 3300 | 48210 |
|  | Marubeni Corp. | 598300 | 10607055 |
|  | Mazda Motor Corp. | 2009256 | 12012960 |
|  | Mebuki Financial Group, Inc. | 1565010 | 7646835 |
|  | Medipal Holdings Corp. | 285450 | 4837143 |

---

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##### [**Table of Contents**](#toc)
**THE DFA INTERNATIONAL VALUE SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | MEIJI Holdings Co. Ltd. | 429900 | $10569883 |
|  | Mitsubishi Chemical Group Corp. | 3423547 | 16643764 |
|  | Mitsubishi Corp. | 1809900 | 34363810 |
|  | Mitsubishi Electric Corp. | 819600 | 15855485 |
|  | Mitsubishi Estate Co. Ltd. | 1171441 | 20577504 |
|  | Mitsubishi Gas Chemical Co., Inc. | 554400 | 8447094 |
|  | Mitsubishi HC Capital, Inc. | 2653300 | 18769806 |
|  | Mitsubishi Logistics Corp. | 530500 | 3661186 |
|  | Mitsubishi Motors Corp. | 1617878 | 4478953 |
|  | Mitsubishi UFJ Financial Group, Inc. (8306 JP) | 10163850 | 128055579 |
|  # | Mitsubishi UFJ Financial Group, Inc. (MUFG US), Sponsored ADR | 461109 | 5828418 |
|  | Mitsui & Co. Ltd. (8031 JP) | 209500 | 4236325 |
|  | Mitsui & Co. Ltd. (MITSY US), Sponsored ADR | 18174 | 7384096 |
|  | Mitsui Chemicals, Inc. | 812360 | 17851376 |
|  | Mitsui Fudosan Co. Ltd. | 1778200 | 17623112 |
|  # | Mitsui OSK Lines Ltd. | 793900 | 26439904 |
|  | Mizuho Financial Group, Inc. (8411 JP) | 2442180 | 61060879 |
|  | MS&AD Insurance Group Holdings, Inc. | 1119259 | 25440530 |
|  | Nagase & Co. Ltd. | 25200 | 443863 |
|  | NGK Insulators Ltd. | 711500 | 8779918 |
|  | NH Foods Ltd. | 272867 | 10301630 |
|  | NHK Spring Co. Ltd. | 274000 | 3045034 |
|  | Nikon Corp. | 540800 | 5200033 |
|  | Nippon Electric Glass Co. Ltd. | 83799 | 1917384 |
|  | Nippon Express Holdings, Inc. | 925869 | 16534033 |
|  | Nippon Steel Corp. | 1483993 | 31234648 |
|  | Nippon Television Holdings, Inc. | 56400 | 1306110 |
|  | Nippon Yusen KK | 1107000 | 36168901 |
|  \* | Nissan Motor Co. Ltd. | 5693879 | 13555011 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Nisshin Seifun Group, Inc. | 297356 | $3836398 |
|  | Niterra Co. Ltd. | 373000 | 11614042 |
|  # | NOK Corp. | 164265 | 2269947 |
|  | Nomura Holdings, Inc. (8604 JP) | 3219302 | 17942975 |
|  | Nomura Real Estate Holdings, Inc. | 2836500 | 16869924 |
|  | NSK Ltd. | 34091 | 148913 |
|  | Obayashi Corp. | 420882 | 6530058 |
|  | Oji Holdings Corp. | 3428000 | 16181985 |
|  | Omron Corp. | 600 | 17811 |
|  | Ono Pharmaceutical Co. Ltd. | 733995 | 8448963 |
|  | Open House Group Co. Ltd. | 122500 | 5431883 |
|  | ORIX Corp. (8591 JP) | 1961300 | 39343735 |
|  | Panasonic Holdings Corp. | 4215499 | 48334753 |
|  | Resona Holdings, Inc. | 4095139 | 32850356 |
|  | Resonac Holdings Corp. | 772224 | 14045177 |
|  | Ricoh Co. Ltd. | 1843900 | 19394345 |
|  | Rinnai Corp. | 46600 | 1043767 |
|  | Rohm Co. Ltd. | 368165 | 3352138 |
|  | SBI Holdings, Inc. | 443699 | 11666830 |
|  | Seiko Epson Corp. | 850732 | 11802267 |
|  | Seino Holdings Co. Ltd. | 411100 | 6470007 |
|  | Sekisui Chemical Co. Ltd. | 447100 | 7812589 |
|  | Sekisui House Ltd. | 1446900 | 33264516 |
|  | Seven & i Holdings Co. Ltd. | 1687600 | 24842519 |
|  | Shimamura Co. Ltd. | 78500 | 5223308 |
|  | Shimizu Corp. | 418026 | 4465808 |
|  | Shizuoka Financial Group, Inc. | 745600 | 8285509 |
|  | SoftBank Group Corp. | 1097300 | 55490058 |
|  | Sohgo Security Services Co. Ltd. | 18700 | 147798 |
|  | Sojitz Corp. | 655840 | 15515750 |
|  | Stanley Electric Co. Ltd. | 456100 | 8546815 |
|  | Subaru Corp. | 1910384 | 34593077 |
|  # | SUMCO Corp. | 714173 | 4924999 |
|  | Sumitomo Chemical Co. Ltd. | 1337788 | 3233846 |
|  | Sumitomo Corp. | 1500200 | 36629442 |
|  | Sumitomo Electric Industries Ltd. | 2965900 | 47672088 |
|  | Sumitomo Forestry Co. Ltd. | 598600 | 17236216 |

---

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**THE DFA INTERNATIONAL VALUE SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Sumitomo Heavy Industries Ltd. | 360023 | $7496331 |
|  | Sumitomo Metal Mining Co. Ltd. | 276964 | 6145006 |
|  | Sumitomo Mitsui Financial Group, Inc. (8316 JP) | 5498799 | 131186022 |
|  | Sumitomo Mitsui Trust Group, Inc. | 1048087 | 25928332 |
|  | Sumitomo Realty & Development Co. Ltd. | 909400 | 33871759 |
|  | Sumitomo Rubber Industries Ltd. | 706155 | 8892797 |
|  | Suntory Beverage & Food Ltd. | 6700 | 234104 |
|  | Suzuken Co. Ltd. | 117500 | 4244997 |
|  | Suzuki Motor Corp. | 1933800 | 23173996 |
|  | T&D Holdings, Inc. | 63200 | 1344808 |
|  | Taiheiyo Cement Corp. | 330146 | 8889306 |
|  | Takashimaya Co. Ltd. | 859200 | 6624559 |
|  | Takeda Pharmaceutical Co. Ltd. (4502 JP) | 2700071 | 81673370 |
|  | TBS Holdings, Inc. | 65400 | 2193866 |
|  | Tokyo Century Corp. | 442000 | 4654849 |
|  | Tokyo Tatemono Co. Ltd. | 870300 | 15603016 |
|  | Tokyu Fudosan Holdings Corp. | 2665000 | 18665165 |
|  | TOPPAN Holdings, Inc. | 587100 | 16481390 |
|  | Toray Industries, Inc. | 2424400 | 15483462 |
|  | Tosoh Corp. | 958800 | 13515932 |
|  | TOTO Ltd. | 118300 | 3119389 |
|  | Toyo Seikan Group Holdings Ltd. | 385349 | 6727690 |
|  | Toyo Tire Corp. | 335066 | 6264660 |
|  | Toyoda Gosei Co. Ltd. | 173000 | 3321887 |
|  | Toyota Boshoku Corp. | 216500 | 3106501 |
|  | Toyota Industries Corp. | 158900 | 18634977 |
|  | Toyota Motor Corp. (7203 JP) | 6262838 | 119616522 |
|  # | Toyota Motor Corp. (TM US), Sponsored ADR | 31956 | 6110626 |
|  | Toyota Tsusho Corp. | 1509900 | 30005825 |
|  | Yamada Holdings Co. Ltd. | 635028 | 2046554 |
|  | Yamaguchi Financial Group, Inc. | 157706 | 1863192 |
|  # | Yamaha Motor Co. Ltd. | 3070700 | 24116459 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  JAPAN — (Continued) | JAPAN — (Continued) |  |  |
|  | Yamato Holdings Co. Ltd. | 300600 | $4267847 |
|  # | Yamato Kogyo Co. Ltd. | 72400 | 4311321 |
|  | Yokohama Rubber Co. Ltd. | 564500 | 12342688 |
|  TOTAL JAPAN | TOTAL JAPAN | TOTAL JAPAN | <br> 2769175414 |
|  LUXEMBOURG — (0.3%) | LUXEMBOURG — (0.3%) |  |  |
|  | ArcelorMittal SA (MT NA) | 317689 | 9394604 |
|  # | ArcelorMittal SA (MT US) | 640003 | 19001692 |
|  | Subsea 7 SA | 573605 | 8684970 |
|  # | Tenaris SA (TS US), ADR | 266018 | 8855739 |
|  TOTAL LUXEMBOURG | TOTAL LUXEMBOURG | TOTAL LUXEMBOURG | <br> 45937005 |
|  NETHERLANDS — (4.3%) | NETHERLANDS — (4.3%) |  |  |
|  #W | ABN AMRO Bank NV | 662452 | 13727890 |
|  | Aegon Ltd. (AEG US) | 31012 | 199407 |
|  | Aegon Ltd. (AGN NA) | 2863375 | 18417069 |
|  | Akzo Nobel NV | 354520 | 22382432 |
|  | ASR Nederland NV | 606480 | 38268173 |
|  | HAL Trust | 4073 | 535988 |
|  \* | Havas NV | 546690 | 909451 |
|  | Heineken NV | 446633 | 39980427 |
|  # | ING Groep NV (INGA NA) | 4971616 | 96545397 |
|  | JDE Peet's NV | 105941 | 2564716 |
|  | Koninklijke Ahold Delhaize NV (AD NA) | 4003663 | 164386591 |
|  | Koninklijke KPN NV | 7233183 | 33647708 |
|  #\* | Koninklijke Philips NV (PHG US) | 649977 | 16476917 |
|  \* | Koninklijke Philips NV (PHIA NA) | 1267292 | 32163640 |
|  | NN Group NV | 906268 | 55572711 |
|  | Prosus NV (PRX NA) | 106735 | 5004227 |
|  | Randstad NV | 148438 | 5958257 |
|  | Stellantis NV (STLA US) | 208034 | 1930555 |
|  # | Stellantis NV (STLA UX) | 1340775 | 12442392 |
|  | Stellantis NV (STLAM IM) | 3233234 | 30086626 |
|  TOTAL NETHERLANDS | TOTAL NETHERLANDS | TOTAL NETHERLANDS | <br> 591200574 |
|  NEW ZEALAND — (0.2%) | NEW ZEALAND — (0.2%) |  |  |
|  | Auckland International Airport Ltd. | 2622815 | 11717580 |
|  | Chorus Ltd. (CNU NZ) | 82568 | 389415 |

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##### [**Table of Contents**](#toc)
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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) |  |  |
|  \* | Fletcher Building Ltd. (FBU NZ) | 1799829 | $3277011 |
|  # | Fonterra Co-Operative Group Ltd. | 293628 | 949182 |
|  | Infratil Ltd. | 438615 | 2749119 |
|  | Mercury NZ Ltd. | 511156 | 1696181 |
|  | Meridian Energy Ltd. | 175868 | 572480 |
|  | Summerset Group Holdings Ltd. | 175482 | 1122951 |
|  TOTAL NEW ZEALAND | TOTAL NEW ZEALAND | TOTAL NEW ZEALAND | <br> 22473919 |
|  NORWAY — (0.7%) | NORWAY — (0.7%) |  |  |
|  | Aker BP ASA | 622602 | 13365711 |
|  | Aker Solutions ASA | 142451 | 386627 |
|  | Austevoll Seafood ASA | 152970 | 1441107 |
|  | DNB Bank ASA | 1206942 | 30171261 |
|  | Equinor ASA | 618755 | 14005906 |
|  # | Golden Ocean Group Ltd. | 137586 | 1060751 |
|  | Leroy Seafood Group ASA | 24093 | 105602 |
|  | Norsk Hydro ASA | 2197036 | 11653990 |
|  | Sparebank 1 Oestlandet | 1244 | 20717 |
|  | SpareBank 1 Sor-Norge ASA | 354504 | 5656909 |
|  | Stolt-Nielsen Ltd. | 131154 | 2944681 |
|  | TGS ASA | 293233 | 2187053 |
|  | Wallenius Wilhelmsen ASA | 540692 | 3918660 |
|  | Wilh Wilhelmsen Holding ASA, Class A | 7499 | 279458 |
|  | Yara International ASA | 150692 | 4890489 |
|  TOTAL NORWAY | TOTAL NORWAY | TOTAL NORWAY | <br> 92088922 |
|  PORTUGAL — (0.0%) | PORTUGAL — (0.0%) |  |  |
|  | Galp Energia SGPS SA | 454681 | 7044725 |
|  SINGAPORE — (1.0%) | SINGAPORE — (1.0%) |  |  |
|  W | Bw Lpg Ltd. | 7614 | 75226 |
|  W | BW LPG Ltd. | 288582 | 2898961 |
|  | CapitaLand Investment Ltd. | 2461400 | 5187625 |
|  # | City Developments Ltd. | 500800 | 1906817 |
|  | Genting Singapore Ltd. | 3308200 | 1875971 |
|  | Hongkong Land Holdings Ltd. | 1320400 | 6462038 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) |  |  |
|  | Jardine Cycle & Carriage Ltd. | 214200 | $4254379 |
|  | Keppel Ltd. | 5705800 | 28687046 |
|  | Olam Group Ltd. | 82200 | 60847 |
|  | Oversea-Chinese Banking Corp. Ltd. | 1641300 | 20312341 |
|  \* | Seatrium Ltd. | 3882814 | 5702106 |
|  | Singapore Airlines Ltd. | 390500 | 2004012 |
|  | United Overseas Bank Ltd. | 1606700 | 42672082 |
|  | UOL Group Ltd. | 974274 | 4309875 |
|  | Wilmar International Ltd. | 5637100 | 13221699 |
|  TOTAL SINGAPORE | TOTAL SINGAPORE | TOTAL SINGAPORE | <br> 139631025 |
|  SPAIN — (3.0%) | SPAIN — (3.0%) |  |  |
|  | Banco Bilbao Vizcaya Argentaria SA (BBVA SM) | 5352632 | 73459729 |
|  | Banco Bilbao Vizcaya Argentaria SA (BBVA US), Sponsored ADR | 221 | 3028 |
|  | Banco de Sabadell SA | 862269 | 2515914 |
|  # | Banco Santander SA (SAN SM) | 30225930 | 212816564 |
|  # | CaixaBank SA | 8900116 | 68212324 |
|  | EDP Renovaveis SA | 285576 | 2674349 |
|  | Repsol SA (REP SM) | 4193907 | 51264920 |
|  TOTAL SPAIN | TOTAL SPAIN | TOTAL SPAIN | <br> 410946828 |
|  SWEDEN — (2.3%) | SWEDEN — (2.3%) |  |  |
|  | Billerud Aktiebolag | 252386 | 2663185 |
|  \* | Boliden AB | 994756 | 30479355 |
|  | Bure Equity AB | 81087 | 2732052 |
|  \* | Electrolux AB, Class B | 267054 | 1667201 |
|  | Essity AB (ESSITYB SS), Class B | 946654 | 27376321 |
|  # | Getinge AB, Class B | 200302 | 3871237 |
|  | Hexagon AB, Class B | 851553 | 8287793 |
|  # | Hexpol AB | 152651 | 1327371 |
|  | Holmen AB (HOLMA SS), Class A | 5562 | 217170 |
|  | Holmen AB (HOLMB SS), Class B | 176174 | 6965744 |
|  # | Husqvarna AB (HUSQB SS), Class B | 789616 | 3672705 |
|  # | Loomis AB | 308464 | 12838711 |
|  | Pandox AB | 118934 | 1991407 |
|  # | Securitas AB, Class B | 1033330 | 16374921 |

---

870

------

##### [**Table of Contents**](#toc)
**THE DFA INTERNATIONAL VALUE SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) |  |  |
|  | Skandinaviska Enskilda Banken AB (SEBA SS), Class A | 2936221 | $46590987 |
|  | Skandinaviska Enskilda Banken AB (SEBC SS), Class C | 14462 | 244728 |
|  # | Skanska AB, Class B | 730459 | 16973405 |
|  # | SKF AB (SKFB SS), Class B | 1204906 | 23617818 |
|  # | SSAB AB (SSABA SS), Class A | 564486 | 3566892 |
|  # | SSAB AB (SSABB SS), Class B | 1830262 | 11376710 |
|  | Svenska Cellulosa AB SCA (SCAA SS), Class A | 34534 | 444582 |
|  | Svenska Cellulosa AB SCA (SCAB SS), Class B | 603227 | 7800057 |
|  | Svenska Handelsbanken AB (SHBA SS), Class A | 1335980 | 17487725 |
|  # | Svenska Handelsbanken AB (SHBB SS), Class B | 37204 | 731189 |
|  | Swedbank AB, Class A | 1001439 | 24999770 |
|  | Telefonaktiebolaget LM Ericsson (ERIC US), Sponsored ADR | 208667 | 1719416 |
|  | Telefonaktiebolaget LM Ericsson (ERICB SS), Class B | 509298 | 4302234 |
|  | Telia Co. AB | 4911630 | 18450388 |
|  | Trelleborg AB, Class B | 526013 | 18137806 |
|  | Vitrolife AB | 25730 | 418785 |
|  #\* | Volvo Car AB, Class B | 916701 | 1563643 |
|  TOTAL SWEDEN | TOTAL SWEDEN | TOTAL SWEDEN | <br> 318891308 |
|  SWITZERLAND — (9.6%) | SWITZERLAND — (9.6%) |  |  |
|  # | Alcon AG | 598395 | 58185290 |
|  | Baloise Holding AG | 100891 | 22445471 |
|  # | Banque Cantonale Vaudoise | 12011 | 1478285 |
|  | Cie Financiere Richemont SA, Class A | 721696 | 127527435 |
|  | DSM-Firmenich AG | 174413 | 18947034 |
|  | Helvetia Holding AG | 4421 | 975262 |
|  | Holcim AG (HOLN FP) | 375078 | 41627364 |
|  | Holcim AG (HOLN SW) | 895794 | 100103093 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |  |  |
|  | Julius Baer Group Ltd. | 481801 | $31243851 |
|  | Lonza Group AG | 98153 | 70523833 |
|  | Novartis AG (NOVN SW) | 1220131 | 139164734 |
|  | Novartis AG (NVS US), Sponsored ADR | 384526 | 43639856 |
|  | Sandoz Group AG (SDZ SW) | 305284 | 13241602 |
|  # | Sandoz Group AG (SDZNY US), ADR | 275714 | 11960473 |
|  # | Swatch Group AG (UHRN SW) | 14151 | 491818 |
|  | Swiss Life Holding AG | 84856 | 84725309 |
|  | Swiss Prime Site AG | 93913 | 13242298 |
|  | Swiss Re AG | 630569 | 113189790 |
|  | Swisscom AG | 94854 | 63256528 |
|  | UBS Group AG (UBS US) | 102122 | 3087130 |
|  | UBS Group AG (UBSG SW) | 4408114 | 133809912 |
|  | Zurich Insurance Group AG | 331557 | 235163616 |
|  TOTAL SWITZERLAND | TOTAL SWITZERLAND | TOTAL SWITZERLAND | <br> 1328029984 |
|  UNITED KINGDOM — (12.0%) | UNITED KINGDOM — (12.0%) |  |  |
|  | Anglo American PLC | 894538 | 24419440 |
|  | Associated British Foods PLC | 142453 | 3926738 |
|  | Barclays PLC (BARC LN) | 7305202 | 29101303 |
|  | Barclays PLC (BCS US), Sponsored ADR | 1877295 | 30149358 |
|  | Barratt Redrow PLC | 2030918 | 12661126 |
|  | BP PLC (BP LN) | 7690578 | 35510405 |
|  | BP PLC (BP US), Sponsored ADR | 2110104 | 57943456 |
|  | British American Tobacco PLC (BATS LN) | 2418176 | 105331746 |
|  # | British American Tobacco PLC (BTI US), Sponsored ADR | 160135 | 6973879 |
|  | BT Group PLC | 30064581 | 69778559 |
|  | Centrica PLC | 2587352 | 5539603 |
|  | Coca-Cola Europacific Partners PLC | 96373 | 8682553 |
|  | Endeavour Mining PLC | 100066 | 2711058 |
|  | Glencore PLC | 12424779 | 40737548 |
|  | HSBC Holdings PLC (HSBA LN) | 11272844 | 125662669 |

---

871

------

##### [**Table of Contents**](#toc)
**THE DFA INTERNATIONAL VALUE SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |  |  |
|  # | HSBC Holdings PLC (HSBC US), Sponsored ADR | 2088271 | $117110237 |
|  # | International Paper Co. | 546264 | 24850000 |
|  | J Sainsbury PLC | 4557501 | 16197873 |
|  | Kingfisher PLC | 6401753 | 24605110 |
|  | Lloyds Banking Group PLC (LLOY LN) | 141879076 | 139393021 |
|  # | Lloyds Banking Group PLC (LYG US), ADR | 1844768 | 7286834 |
|  | M&G PLC | 38412 | 106589 |
|  | Mondi PLC | 442742 | 6720443 |
|  | NatWest Group PLC (NWG LN) | 16850471 | 108387085 |
|  # | NatWest Group PLC (NWG US), Sponsored ADR | 945717 | 12218664 |
|  # | Pearson PLC (PSO US), Sponsored ADR | 373096 | 6062810 |
|  | Shell PLC (SHEL LN) | 307658 | 9928661 |
|  | Shell PLC (SHEL US), ADR | 8154062 | 525773918 |
|  | Standard Chartered PLC | 3879521 | 55877731 |
|  | Taylor Wimpey PLC | 3800508 | 5971767 |
|  | Vodafone Group PLC (VOD LN) | 31285245 | 30744017 |
|  | Vodafone Group PLC (VOD US), Sponsored ADR | 63848 | 623159 |
|  | Whitbread PLC | 153232 | 5321905 |
|  TOTAL UNITED KINGDOM | TOTAL UNITED KINGDOM |  | <br> 1656309265 |
|  TOTAL COMMON STOCKS | TOTAL COMMON STOCKS |  | <br> 13147504290 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  PREFERRED STOCKS — (0.5%) | PREFERRED STOCKS — (0.5%) |  |  |
|  GERMANY — (0.5%) | GERMANY — (0.5%) |  |  |
|  | Bayerische Motoren Werke AG, 8.479% | 130148 | $10502520 |
|  | Henkel AG & Co. KGaA, 2.969% | 371723 | 28870371 |
|  | Porsche Automobil Holding SE, 7.072% | 98226 | 4049941 |
|  | Volkswagen AG, 9.469% | 201383 | 21912555 |
|  TOTAL GERMANY | TOTAL GERMANY |  | <br> 65335387 |
|  RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |  |  |
|  PORTUGAL — (0.0%) | PORTUGAL — (0.0%) |  |  |
|  #\* | EDP Renovaveis SA Rights 05/07/2025 | 285576 | 29117 |
|  TOTAL INVESTMENT SECURITIES<br>(Cost $9,364,772,684) | TOTAL INVESTMENT SECURITIES<br>(Cost $9,364,772,684) | TOTAL INVESTMENT SECURITIES<br>(Cost $9,364,772,684) | <br> 13212868794 |
|  |  |  | **Value†** |
|  SECURITIES LENDING COLLATERAL — (4.6%) | SECURITIES LENDING COLLATERAL — (4.6%) | SECURITIES LENDING COLLATERAL — (4.6%) |  |
|  @§ | The DFA Short Term Investment Fund | 55603153 | 643050462 |
|  TOTAL INVESTMENTS — (100.0%)<br>(Cost $10,007,867,405) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $10,007,867,405) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $10,007,867,405) | $13855919256 |

---

As of April 30, 2025, The DFA International Value Series had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration<br>Date** | **Notional**<br>**Value** | **Market**<br>**Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Position Contracts:** |  |  |  |  |  |
|  S&P 500<sup>®</sup> Emini Index. | 507 | 06/20/25 | $139085343 | $141630450 | $2545107 |
|  **Total Futures Contracts** |  |  | $**139085343** | $**141630450** | $**2545107** |

---

872

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##### [**Table of Contents**](#toc)
**THE DFA INTERNATIONAL VALUE SERIES** 

**CONTINUED** 

As of April 30, 2025, the value of Rule 144A securities amounted to $57,815,814 or 0.4% of net assets.

Summary of the Series' investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Assets** |  |  |  |  |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Australia |  | $765904312 |  | $765904312 |
| &nbsp;&nbsp;&nbsp;&nbsp; Austria |  | 21347252 |  | 21347252 |
| &nbsp;&nbsp;&nbsp;&nbsp; Belgium |  | 117108441 |  | 117108441 |
| &nbsp;&nbsp;&nbsp;&nbsp; Canada | $1446195894 |  |  | 1446195894 |
| &nbsp;&nbsp;&nbsp;&nbsp; Denmark |  | 335891964 |  | 335891964 |
| &nbsp;&nbsp;&nbsp;&nbsp; Finland | 6641959 | 83684230 |  | 90326189 |
| &nbsp;&nbsp;&nbsp;&nbsp; France |  | 1421903915 |  | 1421903915 |
| &nbsp;&nbsp;&nbsp;&nbsp; Germany | 27314778 | 1046800457 |  | 1074115235 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hong Kong |  | 152081149 |  | 152081149 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ireland | 2484979 | 24976325 |  | 27461304 |
| &nbsp;&nbsp;&nbsp;&nbsp; Israel |  | 113050800 |  | 113050800 |
| &nbsp;&nbsp;&nbsp;&nbsp; Italy |  | 200388866 |  | 200388866 |
| &nbsp;&nbsp;&nbsp;&nbsp; Japan | 19323140 | 2749852274 |  | 2769175414 |
| &nbsp;&nbsp;&nbsp;&nbsp; Luxembourg | 27857431 | 18079574 |  | 45937005 |
| &nbsp;&nbsp;&nbsp;&nbsp; Netherlands | 31049271 | 560151303 |  | 591200574 |
| &nbsp;&nbsp;&nbsp;&nbsp; New Zealand |  | 22473919 |  | 22473919 |
| &nbsp;&nbsp;&nbsp;&nbsp; Norway |  | 92088922 |  | 92088922 |
| &nbsp;&nbsp;&nbsp;&nbsp; Portugal |  | 7044725 |  | 7044725 |
| &nbsp;&nbsp;&nbsp;&nbsp; Singapore | 75226 | 139555799 |  | 139631025 |
| &nbsp;&nbsp;&nbsp;&nbsp; Spain | 3028 | 410943800 |  | 410946828 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sweden | 1719416 | 317171892 |  | 318891308 |
| &nbsp;&nbsp;&nbsp;&nbsp; Switzerland | 68428781 | 1259601203 |  | 1328029984 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Kingdom | 766853373 | 889455892 |  | 1656309265 |
|  Preferred Stocks Germany |  | 65335387 |  | 65335387 |
|  Rights/Warrants Portugal |  | 29117 |  | 29117 |
|  Securities Lending Collateral |  | 643050462 |  | 643050462 |
|  Total Investments in Securities | $2397947276 | $11457971980 |  | $13855919256 |
|  **Financial Instruments** |  |  |  |  |
|  **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts\*\* | 2545107 |  |  | 2545107 |
|  Total Financial Instruments | $2545107 |  |  | $2545107 |

---

\*\* Valued at the unrealized appreciation/(depreciation) on the investment.

See accompanying Notes to Financial Statements.

873

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##### [**Table of Contents**](#toc)
**THE JAPANESE SMALL COMPANY SERIES** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COMMON STOCKS — (96.9%) | COMMON STOCKS — (96.9%) |  |  |
|  COMMUNICATION SERVICES — (1.8%) | COMMUNICATION SERVICES — (1.8%) | COMMUNICATION SERVICES — (1.8%) |  |
|  # | Akatsuki, Inc. | 30100 | $733914 |
|  # | AlphaPolis Co. Ltd. | 22500 | 200927 |
|  # | Amuse, Inc. | 34379 | 390278 |
|  | Anycolor, Inc. | 100200 | 2583532 |
|  # | Asahi Net, Inc. | 97200 | 471098 |
|  | Atrae, Inc. | 84200 | 414348 |
|  | Avex, Inc. | 18585 | 171483 |
|  #\* | Bank of Innovation, Inc. | 6200 | 452408 |
|  | Broadmedia Corp. | 15821 | 188840 |
|  # | Ceres, Inc. | 41400 | 627317 |
|  | COLOPL, Inc. | 243700 | 808485 |
|  #\* | Cover Corp. | 105900 | 1623668 |
|  | Daiichikosho Co. Ltd. | 279535 | 3269139 |
|  # | Digital Holdings, Inc. | 42100 | 407649 |
|  # | Fibergate, Inc. | 28900 | 200274 |
|  # | Freebit Co. Ltd. | 65800 | 700533 |
|  #\* | GA Technologies Co. Ltd. | 52800 | 530329 |
|  # | giftee, Inc. | 73900 | 803052 |
|  | GREE Holdings, Inc. | 319800 | 1200830 |
|  | GungHo Online Entertainment, Inc. | 38700 | 818914 |
|  # | IG Port, Inc. | 46300 | 672386 |
|  | Imagica Group, Inc. | 70100 | 280062 |
|  | i-mobile Co. Ltd. | 157700 | 608340 |
|  | Intage Holdings, Inc. | 56300 | 662072 |
|  # | IPS, Inc. | 20299 | 299392 |
|  # | ITmedia, Inc. | 38700 | 419560 |
|  \* | Japan Communications, Inc. | 660500 | 741719 |
|  # | Kamakura Shinsho Ltd. | 76100 | 251585 |
|  #\* | KLab, Inc. | 29200 | 23581 |
|  | LIFULL Co. Ltd. | 217600 | 230932 |
|  # | Macbee Planet, Inc. | 20000 | 399508 |
|  | MarkLines Co. Ltd. | 67000 | 1071636 |
|  # | Marvelous, Inc. | 142900 | 474050 |
|  | MIXI, Inc. | 209200 | 4648359 |
|  | MTI Ltd. | 6500 | 36719 |
|  #\* | NexTone, Inc. | 11100 | 98393 |
|  | Okinawa Cellular Telephone Co. | 155400 | 4607896 |
|  | Oricon, Inc. | 21000 | 118170 |
|  | Port, Inc. | 49300 | 645546 |
|  | PR Times Corp. | 8574 | 136565 |
|  | Septeni Holdings Co. Ltd. | 80800 | 206811 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |  |
|  | Sharingtechnology, Inc. | 52900 | $421078 |
|  | SKY Perfect JSAT Holdings, Inc. | 879800 | 7112422 |
|  # | Toei Co. Ltd. | 49300 | 1806189 |
|  # | Tohokushinsha Film Corp. | 284400 | 1148124 |
|  | Tow Co. Ltd. | 92400 | 204498 |
|  | TV Asahi Holdings Corp. | 98100 | 1784325 |
|  | Tv Tokyo Holdings Corp. | 59200 | 1645904 |
|  | U-Next Holdings Co. Ltd. | 323800 | 4633688 |
|  # | ValueCommerce Co. Ltd. | 105400 | 598788 |
|  | Vector, Inc. | 134000 | 833360 |
|  | Vision, Inc. | 155500 | 1401529 |
|  | Wowow, Inc. | 18700 | 134661 |
|  | Zenrin Co. Ltd. | 136550 | 1149188 |
|  # | ZIGExN Co. Ltd. | 249900 | 777571 |
|  TOTAL COMMUNICATION SERVICES | TOTAL COMMUNICATION SERVICES | TOTAL COMMUNICATION SERVICES | 56881625 |
|  CONSUMER DISCRETIONARY — (15.7%) | CONSUMER DISCRETIONARY — (15.7%) | CONSUMER DISCRETIONARY — (15.7%) |  |
|  | &Do Holdings Co. Ltd. | 41600 | 397995 |
|  # | AB & Company Co. Ltd. | 2500 | 15861 |
|  # | Adastria Co. Ltd. | 159220 | 3253175 |
|  # | Adventure, Inc. | 12300 | 324778 |
|  | Aeon Fantasy Co. Ltd. | 38232 | 630055 |
|  # | Aeon Kyushu Co. Ltd. | 5500 | 97702 |
|  | Ahresty Corp. | 78198 | 358499 |
|  | Ainavo Holdings Co. Ltd. | 11200 | 51957 |
|  # | Airtrip Corp. | 32400 | 214082 |
|  | Aisan Industry Co. Ltd. | 202200 | 2732756 |
|  #\* | Akebono Brake Industry Co. Ltd. | 180201 | 130025 |
|  # | Alleanza Holdings Co. Ltd. | 73100 | 531159 |
|  | Alpen Co. Ltd. | 81900 | 1364907 |
|  | Alpha Corp. | 13200 | 100782 |
|  | Amiyaki Tei Co. Ltd. | 68942 | 691673 |
|  | AOKI Holdings, Inc. | 165700 | 1476488 |
|  | Aoyama Trading Co. Ltd. | 182000 | 2613561 |
|  | Arata Corp. | 159300 | 3549802 |

---

874

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##### [**Table of Contents**](#toc)
**THE JAPANESE SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |  |
|  | ARCLANDS Corp. | 248376 | $3019303 |
|  | Asahi Co. Ltd. | 87200 | 843795 |
|  | Ashimori Industry Co. Ltd. | 26599 | 500320 |
|  # | ASKUL Corp. | 211900 | 2255355 |
|  | Asti Corp. | 7300 | 98648 |
|  \* | Atsugi Co. Ltd. | 8900 | 62824 |
|  # | Aucnet, Inc. | 129200 | 1124413 |
|  | Autobacs Seven Co. Ltd. | 374000 | 3881180 |
|  # | Avantia Co. Ltd. | 30600 | 165100 |
|  # | Beauty Garage, Inc. | 33900 | 354626 |
|  # | Beenos, Inc. | 42500 | 1188882 |
|  | Belluna Co. Ltd. | 231200 | 1584626 |
|  | Bic Camera, Inc. | 452100 | 4848133 |
|  # | Bookoff Group Holdings Ltd. | 66600 | 701195 |
|  # | BRONCO BILLY Co. Ltd. | 15100 | 377637 |
|  | Casio Computer Co. Ltd. | 94900 | 742172 |
|  | Central Automotive Products Ltd. | 241500 | 2860917 |
|  # | Central Sports Co. Ltd. | 34386 | 577900 |
|  # | Chikaranomoto Holdings Co. Ltd. | 41400 | 372834 |
|  | Chiyoda Co. Ltd. | 47700 | 408276 |
|  | Chofu Seisakusho Co. Ltd. | 93700 | 1181892 |
|  # | Choushimaru Co. Ltd. | 19300 | 206170 |
|  | Chuo Spring Co. Ltd. | 50800 | 522868 |
|  | Cleanup Corp. | 97100 | 439124 |
|  # | Colowide Co. Ltd. | 344500 | 4339315 |
|  # | Corona Corp. | 56400 | 363172 |
|  # | Create Restaurants Holdings, Inc. | 671300 | 6544195 |
|  | Curves Holdings Co. Ltd. | 254800 | 1234356 |
|  | Daido Metal Co. Ltd. | 112200 | 389183 |
|  # | Daikoku Denki Co. Ltd. | 41600 | 751919 |
|  | Daikyonishikawa Corp. | 77851 | 310688 |
|  | Daimaruenawin Co. Ltd. | 3400 | 37735 |
|  # | Dainichi Co. Ltd. | 22400 | 101540 |
|  # | Daisyo Corp. | 9100 | 72646 |
|  | DCM Holdings Co. Ltd. | 623300 | 5926694 |
|  #\* | DD GROUP Co. Ltd. | 60200 | 520420 |
|  #\* | Demae-Can Co. Ltd. | 11700 | 19574 |
|  | Doshisha Co. Ltd. | 130800 | 2049967 |
|  | Doutor Nichires Holdings Co. Ltd. | 175686 | 3290692 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |  |
|  | Eagle Industry Co. Ltd. | 146600 | $1889156 |
|  # | EAT&HOLDINGS Co. Ltd. | 33000 | 479060 |
|  | EDION Corp. | 448500 | 5985202 |
|  | ES-Con Japan Ltd. | 194100 | 1445159 |
|  # | Eslead Corp. | 47700 | 1419971 |
|  # | Eternal Hospitality Group Co. Ltd. | 42100 | 830525 |
|  | Exedy Corp. | 223900 | 6723468 |
|  # | Fast Fitness Japan, Inc. | 14200 | 148042 |
|  | FCC Co. Ltd. | 192500 | 3949769 |
|  # | First Juken Co. Ltd. | 12300 | 85956 |
|  | FJ Next Holdings Co. Ltd. | 106600 | 903708 |
|  | Foster Electric Co. Ltd. | 59100 | 503142 |
|  # | Fuji Corp. (7605 JP) | 69600 | 940200 |
|  | Fuji Corp. Ltd. | 137700 | 678772 |
|  | Fuji Kyuko Co. Ltd. | 60199 | 878452 |
|  | Fujibo Holdings, Inc. | 58300 | 2031819 |
|  | Fujikura Composites, Inc. | 103100 | 958394 |
|  # | Fujio Food Group, Inc. | 53000 | 445729 |
|  | Fujishoji Co. Ltd. | 38200 | 289511 |
|  | Fujita Kanko, Inc. | 40100 | 2532885 |
|  # | FuKoKu Co. Ltd. | 63900 | 719479 |
|  | Furyu Corp. | 71500 | 467207 |
|  | Futaba Industrial Co. Ltd. | 262600 | 1453228 |
|  # | Gakkyusha Co. Ltd. | 47600 | 729439 |
|  # | Gamecard-Joyco Holdings, Inc. | 10400 | 165837 |
|  # | Genki Global Dining Concepts Corp. | 55700 | 1285161 |
|  | Geo Holdings Corp. | 127500 | 1733899 |
|  # | Gift Holdings, Inc. | 51200 | 1298706 |
|  | GLOBERIDE, Inc. | 98698 | 1294239 |
|  \* | Gokurakuyu Holdings Co. Ltd. | 3400 | 11756 |
|  | Goldwin, Inc. | 27099 | 1553647 |
|  | Gourmet Kineya Co. Ltd. | 1800 | 12623 |
|  # | Greens Co. Ltd. | 36400 | 588155 |
|  # | GSI Creos Corp. | 63184 | 851623 |
|  | G-Tekt Corp. | 107700 | 1236374 |
|  | Gunze Ltd. | 163400 | 2937997 |
|  # | Hagihara Industries, Inc. | 62100 | 628749 |
|  # | Hamee Corp. | 4800 | 40126 |
|  | Happinet Corp. | 99800 | 3745460 |
|  | Hard Off Corp. Co. Ltd. | 58800 | 772599 |

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##### [**Table of Contents**](#toc)
**THE JAPANESE SMALL COMPANY SERIES** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |  |
|  | Heiwa Corp. | 297700 | $4633945 |
|  # | Hiday Hidaka Corp. | 131700 | 2870303 |
|  # | HI-LEX Corp. | 86780 | 881430 |
|  # | Himaraya Co. Ltd. | 14200 | 84124 |
|  # | HIS Co. Ltd. | 208499 | 2484888 |
|  # | H-One Co. Ltd. | 82700 | 652692 |
|  | Honeys Holdings Co. Ltd. | 97240 | 1103643 |
|  | Hoosiers Holdings Co. Ltd. | 181400 | 1507999 |
|  # | Hotland Holdings Co. Ltd. | 66000 | 1005369 |
|  # | IBJ, Inc. | 60500 | 276492 |
|  # | Ichibanya Co. Ltd. | 210390 | 1399141 |
|  | Ichikoh Industries Ltd. | 177300 | 488220 |
|  | IDOM, Inc. | 381900 | 2940961 |
|  # | IKK Holdings, Inc. | 25800 | 142926 |
|  # | Imasen Electric Industrial | 21300 | 94589 |
|  #\* | Istyle, Inc. | 375398 | 1236778 |
|  \*†† | Izuhakone Railway Co. Ltd. | 300 | 0 |
|  | Izumi Co. Ltd. | 124300 | 2861752 |
|  #\* | Jade Group, Inc. | 35100 | 301505 |
|  | JANOME Corp. | 73400 | 580054 |
|  # | Japan Eyewear Holdings Co. Ltd. | 2500 | 40467 |
|  | Japan Wool Textile Co. Ltd. | 302200 | 3128161 |
|  | JINS Holdings, Inc. | 50600 | 3173296 |
|  | Joshin Denki Co. Ltd. | 84400 | 1316054 |
|  | Joyful Honda Co. Ltd. | 217300 | 3083253 |
|  # | JP-Holdings, Inc. | 272400 | 1209492 |
|  | JTEKT Corp. | 743358 | 5741002 |
|  | JVCKenwood Corp. | 904200 | 6748112 |
|  # | Kappa Create Co. Ltd. | 93400 | 963874 |
|  | Kawai Musical Instruments Manufacturing Co. Ltd. | 33200 | 635076 |
|  | King Co. Ltd. | 54100 | 298374 |
|  # | Kintetsu Department Store Co. Ltd. | 36200 | 505978 |
|  # | Ki-Star Real Estate Co. Ltd. | 49199 | 1707941 |
|  #\* | KNT-CT Holdings Co. Ltd. | 23100 | 190475 |
|  | Kohnan Shoji Co. Ltd. | 143100 | 3770516 |
|  | Kojima Co. Ltd. | 156800 | 1160639 |
|  # | Komatsu Matere Co. Ltd. | 162499 | 877075 |
|  | KOMEDA Holdings Co. Ltd. | 272300 | 5504247 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |  |
|  # | Komehyo Holdings Co. Ltd. | 39100 | $786513 |
|  | Komeri Co. Ltd. | 183000 | 3899682 |
|  | Koshidaka Holdings Co. Ltd. | 210900 | 1501491 |
|  | Kotobukiya Co. Ltd. | 4400 | 47409 |
|  #\* | Kourakuen Corp. | 14400 | 105135 |
|  | K's Holdings Corp. | 758500 | 7264175 |
|  | KU Holdings Co. Ltd. | 115500 | 876475 |
|  # | Kura Sushi, Inc. | 78197 | 1744279 |
|  # | Kurabo Industries Ltd. | 90100 | 3947275 |
|  | Kushikatsu Tanaka Holdings Co. | 15000 | 145506 |
|  | KYB Corp. | 197000 | 4027073 |
|  | Kyoritsu Maintenance Co. Ltd. | 324100 | 6878679 |
|  # | LEC, Inc. | 142200 | 1250323 |
|  # | LITALICO, Inc. | 88700 | 774801 |
|  | Look Holdings, Inc. | 37100 | 634315 |
|  # | Mamiya-Op Co. Ltd. | 6200 | 59907 |
|  # | Mars Group Holdings Corp. | 56600 | 1181829 |
|  # | Maruchiyo Yamaokaya Corp. | 27500 | 856010 |
|  | Maruzen CHI Holdings Co. Ltd. | 84200 | 191175 |
|  # | Matsuoka Corp. | 10100 | 128648 |
|  | Matsuya Co. Ltd. | 158700 | 1002301 |
|  | Matsuyafoods Holdings Co. Ltd. | 25900 | 1077759 |
|  # | Media Do Co. Ltd. | 28683 | 351221 |
|  # | Meiwa Estate Co. Ltd. | 73200 | 480568 |
|  \* | Mercari, Inc. | 573200 | 9288850 |
|  | Mikuni Corp. | 50300 | 100839 |
|  | Mitsuba Corp. | 146490 | 860236 |
|  | Mizuno Corp. | 289800 | 5172139 |
|  # | Monogatari Corp. | 169700 | 4424679 |
|  | Morito Co. Ltd. | 107800 | 1075939 |
|  | MOS Food Services, Inc. | 25700 | 666178 |
|  | MrMax Holdings Ltd. | 128025 | 605207 |
|  | Murakami Corp. | 31800 | 1234729 |
|  | Musashi Seimitsu Industry Co. Ltd. | 263700 | 4535152 |
|  # | Nafco Co. Ltd. | 53400 | 678741 |
|  | Nagase Brothers, Inc. | 8600 | 110755 |
|  | Nagawa Co. Ltd. | 13300 | 572761 |
|  | Nakayamafuku Co. Ltd. | 15200 | 42377 |
|  # | New Art Holdings Co. Ltd. | 39747 | 386390 |
|  # | Nextage Co. Ltd. | 206100 | 2568787 |
|  | NHK Spring Co. Ltd. | 270435 | 3005415 |
|  | Nichirin Co. Ltd. | 61160 | 1504657 |
|  | Nifco, Inc. | 211300 | 5239364 |

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##### [**Table of Contents**](#toc)
**THE JAPANESE SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |  |
|  # | Nihon House Holdings Co. Ltd. | 97800 | $224920 |
|  | Nihon Tokushu Toryo Co. Ltd. | 64200 | 669558 |
|  # | Nihon Trim Co. Ltd. | 15600 | 449179 |
|  # | Nippon Felt Co. Ltd. | 56000 | 181664 |
|  | Nippon Seiki Co. Ltd. | 203900 | 1561270 |
|  # | Nishikawa Rubber Co. Ltd. | 68200 | 1180053 |
|  | Nishimatsuya Chain Co. Ltd. | 217100 | 3359493 |
|  # | Nissan Shatai Co. Ltd. | 369300 | 2732303 |
|  | Nissan Tokyo Sales Holdings Co. Ltd. | 166400 | 568778 |
|  | Nojima Corp. | 379300 | 6819702 |
|  | NOK Corp. | 123380 | 1704965 |
|  | NPR-RIKEN Corp. | 108898 | 1805999 |
|  # | Ohashi Technica, Inc. | 61000 | 839717 |
|  | Ohsho Food Service Corp. | 203400 | 4601068 |
|  | Onward Holdings Co. Ltd. | 281500 | 1139832 |
|  # | Ootoya Holdings Co. Ltd. | 9600 | 351313 |
|  | Optimus Group Co. Ltd. | 9400 | 22700 |
|  # | Ozu Corp. | 22200 | 278207 |
|  | Pacific Industrial Co. Ltd. | 239900 | 2106679 |
|  | PAL GROUP Holdings Co. Ltd. | 236700 | 6512759 |
|  | PALTAC Corp. | 112800 | 3128127 |
|  #\* | PIA Corp. | 1700 | 31436 |
|  # | Piolax, Inc. | 156700 | 2402709 |
|  # | Press Kogyo Co. Ltd. | 456100 | 1739933 |
|  | QB Net Holdings Co. Ltd. | 49583 | 385492 |
|  # | Raccoon Holdings, Inc. | 82600 | 475482 |
|  # | Renaissance, Inc. | 6700 | 49467 |
|  | Resol Holdings Co. Ltd. | 1200 | 42571 |
|  | Resorttrust, Inc. | 914528 | 9411863 |
|  # | Rhythm Co. Ltd. | 34000 | 897516 |
|  # | Ride On Express Holdings Co. Ltd. | 34700 | 245530 |
|  # | Ringer Hut Co. Ltd. | 83900 | 1309375 |
|  # | Riso Kyoiku Co. Ltd. | 232665 | 396781 |
|  # | Rock Field Co. Ltd. | 90200 | 972783 |
|  | Roland Corp. | 51600 | 1145480 |
|  | Round One Corp. | 860314 | 5340280 |
|  | Royal Holdings Co. Ltd. | 118200 | 2153516 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |  |
|  # | Sac's Bar Holdings, Inc. | 57029 | $333636 |
|  | Saizeriya Co. Ltd. | 136600 | 4403451 |
|  | San Holdings, Inc. | 101100 | 852529 |
|  | Sangetsu Corp. | 264250 | 5374539 |
|  | Sankyo Seiko Co. Ltd. | 155500 | 692797 |
|  # | Sanoh Industrial Co. Ltd. | 132500 | 573831 |
|  | Sanyo Shokai Ltd. | 37299 | 720094 |
|  | Scroll Corp. | 181700 | 1306795 |
|  | Seiko Group Corp. | 155881 | 4114754 |
|  # | Seiren Co. Ltd. | 252200 | 3918486 |
|  \* | Senshukai Co. Ltd. | 102400 | 190651 |
|  | Seria Co. Ltd. | 248023 | 5035402 |
|  # | SFP Holdings Co. Ltd. | 39100 | 591732 |
|  | Shikibo Ltd. | 21226 | 143911 |
|  | Shoei Co. Ltd. | 293600 | 3448318 |
|  | Soft99 Corp. | 84400 | 1021026 |
|  | Sotoh Co. Ltd. | 30100 | 140211 |
|  | SPK Corp. | 48600 | 702726 |
|  | Sprix, Inc. | 27200 | 184222 |
|  | SRS Holdings Co. Ltd. | 98300 | 819552 |
|  # | St. Marc Holdings Co. Ltd. | 69100 | 1260455 |
|  | Step Co. Ltd. | 60000 | 958603 |
|  # | Suminoe Co. Ltd. | 16400 | 144488 |
|  | Sumitomo Riko Co. Ltd. | 206098 | 2356985 |
|  \* | Suncall Corp. | 57000 | 126172 |
|  # | Syuppin Co. Ltd. | 92200 | 708724 |
|  | T RAD Co. Ltd. | 20800 | 558479 |
|  | Tachikawa Corp. | 62400 | 655813 |
|  | Tachi-S Co. Ltd. | 151740 | 1673957 |
|  | Taiho Kogyo Co. Ltd. | 46901 | 213825 |
|  | Takashimaya Co. Ltd. | 277322 | 2138194 |
|  | Take&GiveNeeds Co. Ltd. | 23368 | 141276 |
|  # | Tama Home Co. Ltd. | 80200 | 2245083 |
|  | Tamron Co. Ltd. | 210600 | 4761341 |
|  | Tbk Co. Ltd. | 62500 | 126467 |
|  | Tear Corp. | 13500 | 42471 |
|  | Temairazu, Inc. | 11400 | 282987 |
|  | Tigers Polymer Corp. | 33300 | 202962 |
|  # | Toa Corp. (6809 JP) | 115917 | 752911 |
|  | Tokai Rika Co. Ltd. | 286300 | 4264035 |
|  # | Token Corp. | 39250 | 3668448 |
|  # | Tokyo Individualized Educational Institute, Inc. | 58245 | 127855 |
|  # | Tokyotokeiba Co. Ltd. | 91300 | 2683139 |
|  | Tomy Co. Ltd. | 303493 | 6682001 |
|  | Topre Corp. | 186100 | 2273841 |
|  # | Toridoll Holdings Corp. | 175400 | 5249858 |
|  | Tosho Co. Ltd. | 63201 | 243142 |
|  | Toyo Tire Corp. | 332388 | 6214590 |

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##### [**Table of Contents**](#toc)
**THE JAPANESE SMALL COMPANY SERIES** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |  |
|  | Toyoda Gosei Co. Ltd. | 244499 | $4694786 |
|  | Toyota Boshoku Corp. | 290000 | 4161132 |
|  | TPR Co. Ltd. | 120562 | 1795488 |
|  # | Treasure Factory Co. Ltd. | 65200 | 878731 |
|  | TS Tech Co. Ltd. | 450986 | 5097363 |
|  | TSI Holdings Co. Ltd. | 264895 | 1993486 |
|  # | Tsuburaya Fields Holdings, Inc. | 121100 | 1580886 |
|  | Tsutsumi Jewelry Co. Ltd. | 24600 | 398769 |
|  # | Unipres Corp. | 101997 | 716628 |
|  | United Arrows Ltd. | 132400 | 2090098 |
|  # | Universal Entertainment Corp. | 75701 | 591736 |
|  # | VT Holdings Co. Ltd. | 407900 | 1443408 |
|  | Wacoal Holdings Corp. | 185700 | 6481303 |
|  # | Waseda Academy Co. Ltd. | 46300 | 717928 |
|  # | WATAMI Co. Ltd. | 111600 | 880174 |
|  | Weds Co. Ltd. | 14500 | 61187 |
|  # | Workman Co. Ltd. | 6266 | 197447 |
|  | World Co. Ltd. | 97500 | 1811127 |
|  | Xebio Holdings Co. Ltd. | 50696 | 462491 |
|  | Yagi & Co. Ltd. | 10400 | 149147 |
|  # | Yamae Group Holdings Co. Ltd. | 46800 | 848907 |
|  | Yellow Hat Ltd. | 409200 | 3899781 |
|  | Yondoshi Holdings, Inc. | 5920 | 72968 |
|  | Yonex Co. Ltd. | 238000 | 3894338 |
|  # | Yorozu Corp. | 50592 | 362885 |
|  | Yoshinoya Holdings Co. Ltd. | 352400 | 7724147 |
|  # | Yossix Holdings Co. Ltd. | 25200 | 490382 |
|  | Yutaka Giken Co. Ltd. | 9600 | 145510 |
|  # | Zojirushi Corp. | 69600 | 668567 |
|  <br> TOTAL CONSUMER DISCRETIONARY | <br> TOTAL CONSUMER DISCRETIONARY |  | <br> 481213419 |
|  CONSUMER STAPLES — (8.1%) | CONSUMER STAPLES — (8.1%) |  |  |
|  | Aeon Hokkaido Corp. | 216500 | 1325546 |
|  | AFC-HD AMS Life Science Co. Ltd. | 40700 | 243138 |
|  # | Ain Holdings, Inc. | 136200 | 5249741 |
|  # | Albis Co. Ltd. | 22413 | 466832 |
|  # | Almado, Inc. | 7100 | 55264 |
|  | Arcs Co. Ltd. | 229900 | 4625295 |
|  | Artnature, Inc. | 78300 | 438469 |
|  | Axial Retailing, Inc. | 354600 | 2697463 |
|  | Belc Co. Ltd. | 64700 | 3199548 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |  |
|  | Bourbon Corp. | 53200 | $997660 |
|  # | Bull-Dog Sauce Co. Ltd. | 3000 | 36598 |
|  | Calbee, Inc. | 38299 | 770376 |
|  | Cawachi Ltd. | 71300 | 1396549 |
|  | Chubu Shiryo Co. Ltd. | 130295 | 1304370 |
|  | Chuo Gyorui Co. Ltd. | 9200 | 215228 |
|  # | Como Co. Ltd. | 2600 | 56185 |
|  # | Cota Co. Ltd. | 137445 | 1374646 |
|  # | Create SD Holdings Co. Ltd. | 141953 | 3024516 |
|  # | Daikokutenbussan Co. Ltd. | 30900 | 1640130 |
|  | Delica Foods Holdings Co. Ltd. | 24300 | 85843 |
|  | DyDo Group Holdings, Inc. | 105100 | 2147705 |
|  # | Earth Corp. | 34000 | 1224335 |
|  | Ebara Foods Industry, Inc. | 30900 | 576928 |
|  # | Eco's Co. Ltd. | 42500 | 727078 |
|  | Ensuiko Sugar Refining Co. Ltd. | 44500 | 98510 |
|  | Ezaki Glico Co. Ltd. | 239700 | 7908267 |
|  | Feed One Co. Ltd. | 103248 | 655606 |
|  | Fuji Co. Ltd. | 14700 | 214761 |
|  | Fuji Oil Co. Ltd. | 230500 | 5056795 |
|  # | Fujicco Co. Ltd. | 89400 | 1015484 |
|  # | Fujiya Co. Ltd. | 53500 | 882913 |
|  | G-7 Holdings, Inc. | 139700 | 1395164 |
|  | Genky DrugStores Co. Ltd. | 98200 | 2518132 |
|  | H2O Retailing Corp. | 487245 | 6664398 |
|  | HABA Laboratories, Inc. | 3600 | 44048 |
|  | Hagoromo Foods Corp. | 17900 | 420958 |
|  | Halows Co. Ltd. | 55200 | 1680274 |
|  | Heiwado Co. Ltd. | 175200 | 3261891 |
|  | Hokkaido Coca-Cola Bottling Co. Ltd. | 37398 | 846675 |
|  | Hokuto Corp. | 106100 | 1366250 |
|  | House Foods Group, Inc. | 93900 | 1841140 |
|  # | Ichimasa Kamaboko Co. Ltd. | 32000 | 171010 |
|  # | Imuraya Group Co. Ltd. | 43303 | 747540 |
|  # | I-NE Co. Ltd. | 11000 | 126197 |
|  # | Ito En Ltd. | 239598 | 5732204 |
|  | Itochu-Shokuhin Co. Ltd. | 34700 | 2345047 |
|  | Itoham Yonekyu Holdings, Inc. | 136680 | 4283597 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |  |
|  | Iwatsuka Confectionery Co. Ltd. | 17400 | $409327 |
|  | JM Holdings Co. Ltd. | 73900 | 1275357 |
|  | J-Oil Mills, Inc. | 95800 | 1375525 |
|  | Kadoya Sesame Mills, Inc. | 11200 | 284794 |
|  | Kagome Co. Ltd. | 297700 | 6127423 |
|  # | Kakiyasu Honten Co. Ltd. | 47900 | 910980 |
|  # | Kameda Seika Co. Ltd. | 74399 | 2062967 |
|  # | Kaneko Seeds Co. Ltd. | 44700 | 448780 |
|  | Kanemi Co. Ltd. | 1200 | 27138 |
|  # | Kanro, Inc. | 27000 | 780480 |
|  | Kato Sangyo Co. Ltd. | 146300 | 5118331 |
|  | Kenko Mayonnaise Co. Ltd. | 51677 | 692703 |
|  # | Kibun Foods, Inc. | 35800 | 273349 |
|  | Koike-ya, Inc. | 600 | 19604 |
|  # | Kotobuki Spirits Co. Ltd. | 381631 | 5680337 |
|  # | Kusuri No. Aoki Holdings Co. Ltd. | 262800 | 6258815 |
|  | Kyokuyo Co. Ltd. | 49900 | 1471495 |
|  # | Lacto Japan Co. Ltd. | 39700 | 978297 |
|  # | Life Corp. | 210400 | 3047712 |
|  # | Lifedrink Co., Inc. | 154900 | 1843499 |
|  | Mandom Corp. | 134060 | 1278934 |
|  # | Marudai Food Co. Ltd. | 85800 | 1117187 |
|  | Maruha Nichiro Corp. | 194787 | 4450781 |
|  | Maxvalu Tokai Co. Ltd. | 51800 | 1099130 |
|  # | Medical System Network Co. Ltd. | 106400 | 350103 |
|  | Megmilk Snow Brand Co. Ltd. | 237500 | 4367075 |
|  | Meito Sangyo Co. Ltd. | 51300 | 756432 |
|  | Milbon Co. Ltd. | 144752 | 2752448 |
|  # | Ministop Co. Ltd. | 37800 | 484783 |
|  | Mitsubishi Shokuhin Co. Ltd. | 99000 | 3706229 |
|  | Mitsui DM Sugar Co. Ltd. | 93270 | 2233964 |
|  | Miyoshi Oil & Fat Co. Ltd. | 21400 | 253468 |
|  | Morinaga & Co. Ltd. | 407698 | 7269198 |
|  | Morinaga Milk Industry Co. Ltd. | 396100 | 9412377 |
|  # | Morozoff Ltd. | 110100 | 1377757 |
|  # | Nakamuraya Co. Ltd. | 13499 | 307607 |
|  # | Natori Co. Ltd. | 62300 | 898545 |
|  # | Nichimo Co. Ltd. | 26441 | 366929 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |  |
|  # | Nihon Chouzai Co. Ltd. | 56289 | $1161150 |
|  | Niitaka Co. Ltd. | 3360 | 50816 |
|  | Nippn Corp. | 293400 | 4624591 |
|  | Nippon Beet Sugar Manufacturing Co. Ltd. | 47160 | 777188 |
|  | Nisshin Oillio Group Ltd. | 145500 | 5022553 |
|  | Nissui Corp. | 1585000 | 9640344 |
|  | Nitto Fuji Flour Milling Co. Ltd. | 16200 | 779346 |
|  | Noevir Holdings Co. Ltd. | 78900 | 2281062 |
|  # | Oenon Holdings, Inc. | 223100 | 723532 |
|  # | OIE Sangyo Co. Ltd. | 22000 | 304305 |
|  | Okuwa Co. Ltd. | 117100 | 747420 |
|  # | OUG Holdings, Inc. | 20000 | 441652 |
|  # | Pickles Holdings Co. Ltd. | 52000 | 337394 |
|  | Pigeon Corp. | 580225 | 7026448 |
|  # | Premium Water Holdings, Inc. | 12700 | 254134 |
|  | Prima Meat Packers Ltd. | 154100 | 2480294 |
|  | Qol Holdings Co. Ltd. | 102100 | 1641803 |
|  | Retail Partners Co. Ltd. | 101000 | 970955 |
|  | Riken Vitamin Co. Ltd. | 134900 | 2353401 |
|  # | Rokko Butter Co. Ltd. | 53657 | 475870 |
|  | S Foods, Inc. | 75562 | 1426954 |
|  # | S&B Foods, Inc. | 67688 | 1340527 |
|  | Sagami Rubber Industries Co. Ltd. | 45900 | 295474 |
|  | Sakata Seed Corp. | 57200 | 1324819 |
|  | San-A Co. Ltd. | 227800 | 4523508 |
|  # | Sato Foods Co. Ltd. | 800 | 41291 |
|  # | Satudora Holdings Co. Ltd. | 3900 | 24592 |
|  | Shimadaya Corp. | 23600 | 309104 |
|  # | Shinnihonseiyaku Co. Ltd. | 42500 | 713153 |
|  # | Shinobu Foods Products Co. Ltd. | 1600 | 9885 |
|  # | Shoei Foods Corp. | 29200 | 831172 |
|  | Showa Sangyo Co. Ltd. | 104800 | 2219226 |
|  # | ST Corp. | 7200 | 75671 |
|  | Starzen Co. Ltd. | 258300 | 2205492 |
|  | STI Foods Holdings, Inc. | 31500 | 271878 |
|  | Takara Holdings, Inc. | 755077 | 6094270 |
|  # | Toho Co. Ltd. (8142 JP) | 38300 | 876286 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |  |
|  | Torigoe Co. Ltd. | 67400 | $406773 |
|  # | Transaction Co. Ltd. | 86700 | 1541267 |
|  | United Super Markets Holdings, Inc. | 258250 | 1660959 |
|  | Valor Holdings Co. Ltd. | 193100 | 3378585 |
|  | Warabeya Nichiyo Holdings Co. Ltd. | 59860 | 925871 |
|  # | Watahan & Co. Ltd. | 85900 | 976077 |
|  | Wellneo Sugar Co. Ltd. | 68700 | 1138387 |
|  # | YAKUODO Holdings Co. Ltd. | 55200 | 784369 |
|  # | Yamami Co. | 14300 | 461612 |
|  # | Yamatane Corp. | 57200 | 1799710 |
|  # | Yamaya Corp. | 23500 | 473007 |
|  | Yamazawa Co. Ltd. | 4600 | 37468 |
|  | Yaoko Co. Ltd. | 35700 | 2391108 |
|  # | Yokorei Co. Ltd. | 241000 | 1439504 |
|  # | Yomeishu Seizo Co. Ltd. | 42500 | 913322 |
|  #\* | Yoshimura Food Holdings KK | 52600 | 334510 |
|  | Yuasa Funashoku Co. Ltd. | 14300 | 405338 |
|  | Yukiguni Factory Co. Ltd. | 79382 | 644570 |
|  # | Yutaka Foods Corp. | 3900 | 58350 |
|  TOTAL CONSUMER STAPLES | TOTAL CONSUMER STAPLES |  | 249174511 |
|  ENERGY — (1.0%) | ENERGY — (1.0%) |  |  |
|  | Fuji Kosan Co. Ltd. | 11100 | 103838 |
|  # | Fuji Oil Co. Ltd. | 187900 | 364542 |
|  | Itochu Enex Co. Ltd. | 335400 | 3619913 |
|  | Iwatani Corp. | 210831 | 2018682 |
|  | Japan Oil Transportation Co. Ltd. | 5500 | 113923 |
|  | Japan Petroleum Exploration Co. Ltd. | 793700 | 5697449 |
|  | Mitsuuroko Group Holdings Co. Ltd. | 195200 | 2465670 |
|  | Modec, Inc. | 189600 | 5753945 |
|  #\* | Nippon Coke & Engineering Co. Ltd. | 834300 | 502557 |
|  | Sala Corp. | 268500 | 1719727 |
|  | San-Ai Obbli Co. Ltd. | 355900 | 4179442 |
|  | Sinanen Holdings Co. Ltd. | 44900 | 2088003 |
|  | Toyo Kanetsu KK | 38300 | 951621 |
|  TOTAL ENERGY | TOTAL ENERGY |  | 29579312 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FINANCIALS — (8.9%) | FINANCIALS — (8.9%) |  |  |
|  | 77 Bank Ltd. | 311752 | $9770562 |
|  | AEON Financial Service Co. Ltd. | 461300 | 3817227 |
|  | Aichi Financial Group, Inc. | 31000 | 593968 |
|  | Aiful Corp. | 1391600 | 3476656 |
|  | Akatsuki Corp. | 135500 | 462144 |
|  | Akita Bank Ltd. | 50440 | 863414 |
|  | Anicom Holdings, Inc. | 213129 | 889672 |
|  # | Aozora Bank Ltd. | 198800 | 2744838 |
|  | Asax Co. Ltd. | 9300 | 46866 |
|  | Awa Bank Ltd. | 155928 | 2997811 |
|  # | Bank of Iwate Ltd. | 52182 | 1066074 |
|  | Bank of Kochi Ltd. | 6500 | 34479 |
|  | Bank of Nagoya Ltd. | 60130 | 3165852 |
|  | Bank of Saga Ltd. | 48120 | 735842 |
|  | Bank of the Ryukyus Ltd. | 164467 | 1248285 |
|  | Casa, Inc. | 3500 | 20003 |
|  # | Chiba Kogyo Bank Ltd. | 270358 | 2349167 |
|  | Chugin Financial Group, Inc. | 708300 | 7957120 |
|  | Daishi Hokuetsu Financial Group, Inc. | 439300 | 9618026 |
|  # | Daito Bank Ltd. | 6800 | 31836 |
|  | eGuarantee, Inc. | 179600 | 2227798 |
|  | Ehime Bank Ltd. | 108801 | 793888 |
|  | Entrust, Inc. | 46700 | 281064 |
|  | FIDEA Holdings Co. Ltd. | 51354 | 539154 |
|  | Financial Partners Group Co. Ltd. | 309900 | 4890566 |
|  # | Fintech Global, Inc. | 294200 | 228954 |
|  # | First Bank of Toyama Ltd. | 280200 | 2159393 |
|  # | FP Partner, Inc. | 17100 | 293272 |
|  | Fukui Bank Ltd. | 52962 | 650524 |
|  | Fuyo General Lease Co. Ltd. | 119100 | 3323424 |
|  # | GMO Financial Gate, Inc. | 9338 | 349972 |
|  # | GMO Financial Holdings, Inc. | 208900 | 1124571 |
|  | Hirogin Holdings, Inc. | 1353200 | 11247745 |
|  \* | Hirose Tusyo, Inc. | 20800 | 605742 |
|  # | Hokkoku Financial Holdings, Inc. | 128200 | 4777562 |
|  | Hokuhoku Financial Group, Inc. | 602553 | 10806330 |
|  | HS Holdings Co. Ltd. | 80912 | 550124 |
|  | Hyakugo Bank Ltd. | 1278809 | 6198998 |
|  | Hyakujushi Bank Ltd. | 75200 | 1746692 |

---

880

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##### [**Table of Contents**](#toc)
**THE JAPANESE SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FINANCIALS — (Continued) | FINANCIALS — (Continued) |  |  |
|  | Ichiyoshi Securities Co. Ltd. | 60500 | $307359 |
|  | IwaiCosmo Holdings, Inc. | 115600 | 1693747 |
|  | J Trust Co. Ltd. | 319941 | 877470 |
|  | Jaccs Co. Ltd. | 134600 | 3564890 |
|  | JAFCO Group Co. Ltd. | 437400 | 7365390 |
|  | Japan Investment Adviser Co. Ltd. | 85500 | 979358 |
|  | Japan Securities Finance Co. Ltd. | 441300 | 5280483 |
|  | J-Lease Co. Ltd. | 63800 | 611904 |
|  | Juroku Financial Group, Inc. | 172400 | 5831787 |
|  | Keiyo Bank Ltd. | 268415 | 1564297 |
|  # | Kita-Nippon Bank Ltd. | 25906 | 554881 |
|  | Kiyo Bank Ltd. | 366590 | 6230767 |
|  # | Kyokuto Securities Co. Ltd. | 92900 | 900924 |
|  | Kyushu Financial Group, Inc. | 1008477 | 5090772 |
|  | Kyushu Leasing Service Co. Ltd. | 34000 | 249359 |
|  | M&A Capital Partners Co. Ltd. | 10700 | 205889 |
|  # | Marusan Securities Co. Ltd. | 174800 | 1053874 |
|  | Matsui Securities Co. Ltd. | 537100 | 2769677 |
|  | Mercuria Holdings Co. Ltd. | 7600 | 44168 |
|  # | Mito Securities Co. Ltd. | 262529 | 982355 |
|  | Miyazaki Bank Ltd. | 67100 | 1481784 |
|  | Mizuho Leasing Co. Ltd. | 840600 | 6193544 |
|  | Musashino Bank Ltd. | 128021 | 2837146 |
|  | Nanto Bank Ltd. | 121600 | 3330422 |
|  | NEC Capital Solutions Ltd. | 59700 | 1693655 |
|  \* | Net Protections Holdings, Inc. | 16600 | 54283 |
|  # | Nihon M&A Center Holdings, Inc. | 1539100 | 6277584 |
|  | Nishi-Nippon Financial Holdings, Inc. | 689700 | 10131586 |
|  | North Pacific Bank Ltd. | 1360200 | 4755644 |
|  | Ogaki Kyoritsu Bank Ltd. | 115300 | 1871174 |
|  | Oita Bank Ltd. | 54299 | 1296015 |
|  | Okasan Securities Group, Inc. | 825400 | 3685410 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FINANCIALS — (Continued) | FINANCIALS — (Continued) |  |  |
|  | Okinawa Financial Group, Inc. | 51016 | $884926 |
|  | Orient Corp. | 87190 | 478651 |
|  | Premium Group Co. Ltd. | 179300 | 2678866 |
|  | Procrea Holdings, Inc. | 69172 | 791125 |
|  | Ricoh Leasing Co. Ltd. | 91300 | 3516069 |
|  | San ju San Financial Group, Inc. | 65793 | 1058032 |
|  | San-In Godo Bank Ltd. | 899600 | 7992217 |
|  \* | SBI ARUHI Corp. | 57200 | 315816 |
|  # | SBI Global Asset Management Co. Ltd. | 134000 | 598878 |
|  | Senshu Ikeda Holdings, Inc. | 877728 | 2898473 |
|  | Seven Bank Ltd. | 2768971 | 4982821 |
|  | Shiga Bank Ltd. | 233400 | 9385036 |
|  | Shikoku Bank Ltd. | 174290 | 1449082 |
|  # | Shimizu Bank Ltd. | 30200 | 297933 |
|  | Sparx Group Co. Ltd. | 100360 | 1015232 |
|  | Strike Co. Ltd. | 47100 | 968828 |
|  # | Suruga Bank Ltd. | 830300 | 7354716 |
|  | Taiko Bank Ltd. | 23200 | 229472 |
|  # | Tochigi Bank Ltd. | 386100 | 874528 |
|  # | Toho Bank Ltd. | 672900 | 1659756 |
|  # | Tohoku Bank Ltd. | 33257 | 250326 |
|  | Tokai Tokyo Financial Holdings, Inc. | 921601 | 3043907 |
|  | Tokyo Kiraboshi Financial Group, Inc. | 147338 | 5824123 |
|  | Tomato Bank Ltd. | 13200 | 109183 |
|  | TOMONY Holdings, Inc. | 749243 | 2871037 |
|  # | Tottori Bank Ltd. | 28100 | 252492 |
|  # | Towa Bank Ltd. | 110198 | 472941 |
|  # | Toyo Securities Co. Ltd. | 327900 | 1007810 |
|  | Traders Holdings Co. Ltd. | 67720 | 417161 |
|  \* | Transaction Media Networks, Inc. | 4100 | 8035 |
|  | Tsukuba Bank Ltd. | 306600 | 517058 |
|  | Wellnet Corp. | 87700 | 445699 |
|  # | Yamagata Bank Ltd. | 78700 | 708813 |
|  | Yamaguchi Financial Group, Inc. | 383730 | 4533516 |
|  # | Yamanashi Chuo Bank Ltd. | 118126 | 1684846 |

---

881

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##### [**Table of Contents**](#toc)
**THE JAPANESE SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |  |
|  # | Zenkoku Hosho Co. Ltd. | 272400 | $5910007 |
|  TOTAL FINANCIALS | TOTAL FINANCIALS |  | 271940624 |
|  HEALTH CARE — (4.4%) | HEALTH CARE — (4.4%) | HEALTH CARE — (4.4%) |  |
|  # | Amvis Holdings, Inc. | 186200 | 599564 |
|  | As One Corp. | 289900 | 4594521 |
|  | ASKA Pharmaceutical Holdings Co. Ltd. | 119800 | 1954125 |
|  | Astena Holdings Co. Ltd. | 161600 | 547042 |
|  | BML, Inc. | 135600 | 2828386 |
|  # | Carenet, Inc. | 110200 | 567783 |
|  | Charm Care Corp. KK | 82900 | 731888 |
|  | Create Medic Co. Ltd. | 23400 | 153598 |
|  \* | CUC, Inc. | 6100 | 47962 |
|  #\* | CYBERDYNE, Inc. | 205000 | 249839 |
|  | Daiken Medical Co. Ltd. | 47700 | 159125 |
|  | Daito Pharmaceutical Co. Ltd. | 73909 | 1077390 |
|  | Elan Corp. | 45486 | 229376 |
|  # | EM Systems Co. Ltd. | 109200 | 575805 |
|  | eWeLL Co. Ltd. | 2500 | 38968 |
|  | FALCO HOLDINGS Co. Ltd. | 51000 | 827334 |
|  # | FINDEX, Inc. | 58100 | 285872 |
|  # | France Bed Holdings Co. Ltd. | 111555 | 996149 |
|  # | Fuji Pharma Co. Ltd. | 83001 | 796521 |
|  | Fukuda Denshi Co. Ltd. | 100200 | 4252459 |
|  # | Fuso Pharmaceutical Industries Ltd. | 19800 | 333066 |
|  # | GENOVA, Inc. | 13900 | 95380 |
|  #\* | GNI Group Ltd. | 185400 | 3069324 |
|  # | H.U. Group Holdings, Inc. | 196929 | 3864035 |
|  | Hisamitsu Pharmaceutical Co., Inc. | 54868 | 1664858 |
|  # | Hogy Medical Co. Ltd. | 83300 | 2384202 |
|  | Hoshi Iryo-Sanki Co. Ltd. | 9600 | 304179 |
|  # | Japan Hospice Holdings, Inc. | 22300 | 232270 |
|  | Japan Lifeline Co. Ltd. | 262300 | 2808449 |
|  | Japan Medical Dynamic Marketing, Inc. | 57601 | 225323 |
|  | JCR Pharmaceuticals Co. Ltd. | 63332 | 220757 |
|  # | JMS Co. Ltd. | 70657 | 226522 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |  |  |
|  | Kaken Pharmaceutical Co. Ltd. | 66800 | $1901914 |
|  | Kanamic Network Co. Ltd. | 57500 | 168315 |
|  | Kissei Pharmaceutical Co. Ltd. | 167800 | 4403747 |
|  | Koa Shoji Holdings Co. Ltd. | 4100 | 19420 |
|  | Kyorin Pharmaceutical Co. Ltd. | 167746 | 1734388 |
|  | Mani, Inc. | 228500 | 1840082 |
|  | Medikit Co. Ltd. | 2000 | 34530 |
|  # | Medius Holdings Co. Ltd. | 59900 | 405001 |
|  #\* | Medley, Inc. | 82200 | 1983120 |
|  | Menicon Co. Ltd. | 207589 | 2053966 |
|  # | Mizuho Medy Co. Ltd. | 43200 | 455951 |
|  | Mochida Pharmaceutical Co. Ltd. | 61398 | 1329071 |
|  | Nakanishi, Inc. | 323600 | 4224739 |
|  | Nippon Shinyaku Co. Ltd. | 232600 | 5997449 |
|  | Nipro Corp. | 807100 | 7152276 |
|  #\* | Nxera Pharma Co. Ltd. | 39200 | 245615 |
|  | Paramount Bed Holdings Co. Ltd. | 234100 | 3770981 |
|  \* | PeptiDream, Inc. | 404893 | 5511819 |
|  # | Pharma Foods International Co. Ltd. | 58100 | 372455 |
|  | PHC Holdings Corp. | 47700 | 321837 |
|  \* | ReproCELL, Inc. | 53000 | 54892 |
|  | Rion Co. Ltd. | 51800 | 865241 |
|  | Sawai Group Holdings Co. Ltd. | 604800 | 8714813 |
|  | Seed Co. Ltd. | 13900 | 46297 |
|  | Seikagaku Corp. | 111700 | 555089 |
|  # | Shin Nippon Biomedical Laboratories Ltd. | 92800 | 936215 |
|  | Ship Healthcare Holdings, Inc. | 339800 | 4929638 |
|  | Shofu, Inc. | 116100 | 1776271 |
|  | Software Service, Inc. | 18600 | 1638912 |
|  | Solasto Corp. | 135002 | 417104 |
|  # | St. Care Holding Corp. | 54700 | 296150 |
|  # | SUNWELS Co. Ltd. | 34500 | 138273 |
|  | Suzuken Co. Ltd. | 137800 | 4978388 |
|  | Takara Bio, Inc. | 160600 | 919362 |
|  # | Techno Medica Co. Ltd. | 14700 | 186411 |

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882

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##### [**Table of Contents**](#toc)
**THE JAPANESE SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |  |
|  # | Toho Holdings Co. Ltd. | 218000 | $7126728 |
|  | Tokai Corp. | 118500 | 1742883 |
|  | Torii Pharmaceutical Co. Ltd. | 77500 | 2539590 |
|  | Towa Pharmaceutical Co. Ltd. | 146500 | 2718430 |
|  | Tsumura & Co. | 307118 | 9235355 |
|  # | Value HR Co. Ltd. | 89800 | 982223 |
|  | Vital KSK Holdings, Inc. | 234800 | 2161402 |
|  | ZERIA Pharmaceutical Co. Ltd. | 83400 | 1367647 |
|  TOTAL HEALTH CARE | TOTAL HEALTH CARE |  | 135196062 |
|  INDUSTRIALS — (30.0%) | INDUSTRIALS — (30.0%) | INDUSTRIALS — (30.0%) |  |
|  # | Advan Group Co. Ltd. | 128000 | 728698 |
|  | Aichi Corp. | 201200 | 1810711 |
|  | Aida Engineering Ltd. | 221300 | 1373300 |
|  # | Airman Corp. | 137200 | 1782938 |
|  # | AIT Corp. | 37600 | 462022 |
|  | Ajis Co. Ltd. | 24300 | 438194 |
|  | Alconix Corp. | 137700 | 1487191 |
|  # | Alinco, Inc. | 72700 | 512665 |
|  # | Altech Corp. | 100370 | 1885325 |
|  | Anest Iwata Corp. | 206300 | 1612419 |
|  | Artner Co. Ltd. | 24000 | 316199 |
|  | Asahi Diamond Industrial Co. Ltd. | 244400 | 1263420 |
|  # | Asahi Kogyosha Co. Ltd. | 73200 | 1093114 |
|  | Asanuma Corp. | 347800 | 1830202 |
|  # | AZ-COM MARUWA Holdings, Inc. | 180399 | 1668810 |
|  | Bando Chemical Industries Ltd. | 192700 | 2014209 |
|  | Bell System24 Holdings, Inc. | 197400 | 1633612 |
|  # | Bewith, Inc. | 22000 | 258954 |
|  # | Br Holdings Corp. | 154388 | 363762 |
|  | Bunka Shutter Co. Ltd. | 325800 | 4664237 |
|  | Career Design Center Co. Ltd. | 8600 | 107862 |
|  # | Careerlink Co. Ltd. | 33200 | 498361 |
|  | Central Glass Co. Ltd. | 122700 | 2567142 |
|  | Central Security Patrols Co. Ltd. | 30700 | 579446 |
|  | Chiyoda Integre Co. Ltd. | 66200 | 1256267 |
|  | Chori Co. Ltd. | 65300 | 1656514 |
|  | Chudenko Corp. | 171400 | 4214732 |
|  # | Chugai Ro Co. Ltd. | 29400 | 780986 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |  |
|  # | Chuo Warehouse Co. Ltd. | 21000 | $212750 |
|  | CKD Corp. | 231400 | 3372928 |
|  # | CMC Corp. | 30200 | 317111 |
|  | Copro-Holdings Co. Ltd. | 33400 | 391303 |
|  # | Cosel Co. Ltd. | 104700 | 788882 |
|  | Creek & River Co. Ltd. | 53000 | 574353 |
|  | CrowdWorks, Inc. | 37100 | 293422 |
|  | CTI Engineering Co. Ltd. | 132800 | 2215648 |
|  | CTS Co. Ltd. | 136200 | 763969 |
|  | Dai-Dan Co. Ltd. | 79700 | 2316746 |
|  | Daido Kogyo Co. Ltd. | 6700 | 38980 |
|  # | Daiei Kankyo Co. Ltd. | 21200 | 434325 |
|  # | Daihatsu Diesel Manufacturing Co. Ltd. | 96700 | 1220173 |
|  | Daihen Corp. | 18300 | 807478 |
|  # | Daiho Corp. | 300200 | 1683913 |
|  | Dai-Ichi Cutter Kogyo KK | 46300 | 449610 |
|  | Daiichi Jitsugyo Co. Ltd. | 150100 | 2402062 |
|  | Daiichi Kensetsu Corp. | 35600 | 647267 |
|  | Daiki Axis Co. Ltd. | 11500 | 53529 |
|  | Daiseki Co. Ltd. | 274355 | 6992156 |
|  | Daiseki Eco. Solution Co. Ltd. | 4859 | 36285 |
|  | Daisue Construction Co. Ltd. | 44300 | 635528 |
|  | Daiwa Industries Ltd. | 170300 | 1950723 |
|  | Denyo Co. Ltd. | 93400 | 1538592 |
|  | Dip Corp. | 160735 | 2335558 |
|  | DMG Mori Co. Ltd. | 405700 | 7051759 |
|  | DMW Corp. | 4800 | 137235 |
|  | Duskin Co. Ltd. | 168200 | 4421258 |
|  | Ebara Jitsugyo Co. Ltd. | 64800 | 1623930 |
|  | Eidai Co. Ltd. | 57400 | 96638 |
|  | EJ Holdings, Inc. | 35700 | 402973 |
|  | en Japan, Inc. | 82508 | 947390 |
|  | Endo Lighting Corp. | 50800 | 553416 |
|  # | ERI Holdings Co. Ltd. | 25100 | 380668 |
|  | EXEO Group, Inc. | 948372 | 11074274 |
|  # | F&M Co. Ltd. | 44400 | 664207 |
|  \* | FDK Corp. | 10298 | 27443 |
|  # | Forum Engineering, Inc. | 100300 | 734508 |
|  # | Freund Corp. | 40156 | 210299 |
|  | Fudo Tetra Corp. | 83180 | 1359541 |
|  | Fuji Corp. (6134 JP) | 367900 | 5471047 |
|  # | Fujisash Co. Ltd. | 7745 | 37259 |
|  | Fukuda Corp. | 53200 | 1981532 |

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883

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##### [**Table of Contents**](#toc)
**THE JAPANESE SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |  |
|  | Fukuvi Chemical Industry Co. Ltd. | 10600 | $59188 |
|  | Fukuyama Transporting Co. Ltd. | 82457 | 2045838 |
|  | FULLCAST Holdings Co. Ltd. | 111200 | 1244831 |
|  | Funai Soken Holdings, Inc. | 229570 | 3670095 |
|  | Furukawa Co. Ltd. | 132172 | 1954814 |
|  | Furukawa Electric Co. Ltd. | 86400 | 2728650 |
|  # | Futaba Corp. | 92500 | 329216 |
|  | Gakken Holdings Co. Ltd. | 105400 | 743289 |
|  # | Gakujo Co. Ltd. | 22600 | 263594 |
|  | Galilei Co. Ltd. | 153200 | 3074287 |
|  | Gecoss Corp. | 95900 | 783358 |
|  # | Giken Ltd. | 35298 | 354221 |
|  | Glory Ltd. | 229455 | 4040172 |
|  | gremz, Inc. | 46200 | 764681 |
|  | GS Yuasa Corp. | 408783 | 7180228 |
|  | Hamakyorex Co. Ltd. | 396800 | 3705460 |
|  | Hanwa Co. Ltd. | 176300 | 5845203 |
|  # | Hashimoto Sogyo Holdings Co. Ltd. | 8140 | 70780 |
|  | Hazama Ando Corp. | 829600 | 8262488 |
|  # | Helios Techno Holding Co. Ltd. | 32000 | 202036 |
|  # | Hibiya Engineering Ltd. | 107300 | 2623623 |
|  \* | Hino Motors Ltd. | 1465600 | 4660410 |
|  | Hirakawa Hewtech Corp. | 69161 | 580120 |
|  | Hirano Tecseed Co. Ltd. | 43300 | 481498 |
|  # | Hirata Corp. | 64397 | 664437 |
|  | Hisaka Works Ltd. | 101700 | 726350 |
|  # | Hokuriku Electrical Construction Co. Ltd. | 89040 | 740604 |
|  | Hosokawa Micron Corp. | 78000 | 2173875 |
|  # | Howa Machinery Ltd. | 28900 | 226862 |
|  | Ichiken Co. Ltd. | 26697 | 529578 |
|  | Ichinen Holdings Co. Ltd. | 122100 | 1446756 |
|  | IDEA Consultants, Inc. | 700 | 14324 |
|  | Idec Corp. | 177500 | 2843750 |
|  # | Iino Kaiun Kaisha Ltd. | 461300 | 3362101 |
|  | Imura & Co. Ltd. | 13700 | 92941 |
|  | Inaba Denki Sangyo Co. Ltd. | 309600 | 8155852 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |  |
|  # | Inaba Seisakusho Co. Ltd. | 48600 | $578711 |
|  | Inabata & Co. Ltd. | 268300 | 5757078 |
|  | Infomart Corp. | 698300 | 1861277 |
|  | INFRONEER Holdings, Inc. | 719700 | 6138541 |
|  | Insource Co. Ltd. | 242300 | 1551484 |
|  # | Inui Global Logistics Co. Ltd. | 70380 | 717995 |
|  # | IR Japan Holdings Ltd. | 5600 | 27085 |
|  # | Iseki & Co. Ltd. | 50949 | 368084 |
|  | Itoki Corp. | 223500 | 2810688 |
|  # | Iwaki Co. Ltd. | 56100 | 952801 |
|  | JAC Recruitment Co. Ltd. | 422600 | 2456857 |
|  | Japan Elevator Service Holdings Co. Ltd. | 359300 | 7767766 |
|  # | Japan Engine Corp. | 12600 | 296860 |
|  | Japan Foundation Engineering Co. Ltd. | 95500 | 467116 |
|  | Japan Pulp & Paper Co. Ltd. | 567900 | 2441944 |
|  | Japan Transcity Corp. | 228408 | 1409030 |
|  | JDC Corp. | 97800 | 329415 |
|  | JGC Holdings Corp. | 1026000 | 8205852 |
|  # | JK Holdings Co. Ltd. | 87140 | 621574 |
|  \* | Juki Corp. | 79200 | 220834 |
|  | Kamei Corp. | 148700 | 1999922 |
|  | Kamigumi Co. Ltd. | 31600 | 773553 |
|  # | Kanaden Corp. | 88100 | 902278 |
|  | Kanadevia Corp. | 911379 | 5845545 |
|  # | Kanagawa Chuo Kotsu Co. Ltd. | 34500 | 891823 |
|  | Kaname Kogyo Co. Ltd. | 1300 | 9034 |
|  # | Kanamoto Co. Ltd. | 157200 | 3524746 |
|  | Kanematsu Corp. | 470325 | 8167915 |
|  | Katakura Industries Co. Ltd. | 121700 | 1839810 |
|  | Kato Works Co. Ltd. | 15500 | 129577 |
|  | Kawada Technologies, Inc. | 92600 | 2101169 |
|  | Kawata Manufacturing Co. Ltd. | 3100 | 16925 |
|  | Keihan Holdings Co. Ltd. | 223011 | 5461953 |
|  | Keihin Co. Ltd. | 4500 | 72329 |
|  | Keikyu Corp. | 526111 | 5475058 |
|  | KFC Ltd. | 3500 | 32939 |
|  # | Kimura Chemical Plants Co. Ltd. | 74400 | 359619 |
|  | Kimura Unity Co. Ltd. | 94000 | 510265 |

---

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##### [**Table of Contents**](#toc)
**THE JAPANESE SMALL COMPANY SERIES** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |  |  |
|  # | King Jim Co. Ltd. | 59200 | $361228 |
|  | Kitagawa Corp. | 27200 | 236443 |
|  | Kitano Construction Corp. | 16572 | 498171 |
|  | Kitz Corp. | 373300 | 2847015 |
|  # | Kobe Electric Railway Co. Ltd. | 18199 | 310195 |
|  | Koike Sanso Kogyo Co. Ltd. | 35000 | 293917 |
|  | Kokuyo Co. Ltd. | 351825 | 7209723 |
|  | Komatsu Wall Industry Co. Ltd. | 82700 | 1028052 |
|  # | Komori Corp. | 232705 | 2072428 |
|  # | Kondotec, Inc. | 114200 | 1145929 |
|  | Konoike Transport Co. Ltd. | 159600 | 2930205 |
|  # | Kosaido Holdings Co. Ltd. | 451100 | 1562191 |
|  | Kozo Keikaku Engineering Holdings, Inc. | 45000 | 809744 |
|  | KPP Group Holdings Co. Ltd. | 157000 | 717900 |
|  | KRS Corp. | 72600 | 931917 |
|  | Kumagai Gumi Co. Ltd. | 190200 | 5668027 |
|  # | Kyodo Printing Co. Ltd. | 123600 | 920628 |
|  # | Kyokuto Boeki Kaisha Ltd. | 66000 | 719333 |
|  | Kyokuto Kaihatsu Kogyo Co. Ltd. | 185900 | 3122698 |
|  | Kyudenko Corp. | 106100 | 3563797 |
|  # | LIKE, Inc. | 51300 | 539289 |
|  # | Link & Motivation, Inc. | 214900 | 862249 |
|  #\* | Luckland Co. Ltd. | 3700 | 43817 |
|  | Mabuchi Motor Co. Ltd. | 505068 | 7378629 |
|  | Maezawa Industries, Inc. | 49000 | 482159 |
|  | Maezawa Kasei Industries Co. Ltd. | 75100 | 919622 |
|  | Maezawa Kyuso Industries Co. Ltd. | 122700 | 1075498 |
|  | Makino Milling Machine Co. Ltd. | 131500 | 10368972 |
|  # | Management Solutions Co. Ltd. | 50300 | 681067 |
|  | Marufuji Sheet Piling Co. Ltd. | 3500 | 69003 |
|  # | MARUKA FURUSATO Corp. | 62807 | 1008279 |
|  | Marumae Co. Ltd. | 4700 | 38605 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |  |  |
|  | Maruyama Manufacturing Co., Inc. | 8500 | $117946 |
|  | Maruzen Co. Ltd. | 65800 | 1515816 |
|  | Maruzen Showa Unyu Co. Ltd. | 76100 | 3199607 |
|  # | Matching Service Japan Co. Ltd. | 8200 | 52273 |
|  | Matsuda Sangyo Co. Ltd. | 75682 | 1925076 |
|  # | Matsui Construction Co. Ltd. | 108300 | 734675 |
|  | Max Co. Ltd. | 123900 | 3654055 |
|  | Meidensha Corp. | 207310 | 5695322 |
|  | Meiho Facility Works Ltd. | 26000 | 162406 |
|  | Meiji Electric Industries Co. Ltd. | 40700 | 438489 |
|  # | Meiji Shipping Group Co. Ltd. | 73900 | 323307 |
|  | Meisei Industrial Co. Ltd. | 216000 | 2119213 |
|  | MEITEC Group Holdings, Inc. | 416500 | 8548906 |
|  # | Meiwa Corp. | 145600 | 696054 |
|  | METAWATER Co. Ltd. | 128300 | 1830070 |
|  # | Midac Holdings Co. Ltd. | 33900 | 541500 |
|  # | Mie Kotsu Group Holdings, Inc. | 303258 | 1061813 |
|  # | Mirai Industry Co. Ltd. | 28900 | 718691 |
|  | Mirait One Corp. | 505035 | 7942191 |
|  | Mitani Corp. | 294600 | 3900596 |
|  # | Mitani Sangyo Co. Ltd. | 145000 | 355551 |
|  # | Mitsubishi Kakoki Kaisha Ltd. | 117000 | 1041401 |
|  | Mitsubishi Logisnext Co. Ltd. | 185900 | 2611307 |
|  | Mitsubishi Logistics Corp. | 283600 | 1957233 |
|  # | Mitsubishi Pencil Co. Ltd. | 132400 | 2054712 |
|  | Mitsuboshi Belting Ltd. | 84000 | 2106378 |
|  # | Mitsui E&S Co. Ltd. | 474281 | 6051504 |
|  # | Mitsui Matsushima Holdings Co. Ltd. | 64100 | 1886304 |
|  # | Mitsui-Soko Holdings Co. Ltd. | 354600 | 7308751 |
|  # | Miyaji Engineering Group, Inc. | 126069 | 1615898 |
|  | Morita Holdings Corp. | 202300 | 3018561 |

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##### [**Table of Contents**](#toc)
**THE JAPANESE SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |  |  |
|  # | Moriya Transportation Engineering & Manufacturing Co. Ltd. | 1400 | $27434 |
|  | Nabtesco Corp. | 493100 | 7400968 |
|  # | NAC Co. Ltd. | 122600 | 523507 |
|  | Nachi-Fujikoshi Corp. | 64100 | 1372233 |
|  | Nadex Co. Ltd. | 22200 | 136831 |
|  | Nagase & Co. Ltd. | 511900 | 9016401 |
|  | Nagoya Railroad Co. Ltd. | 737199 | 8990281 |
|  # | Nakabayashi Co. Ltd. | 98800 | 357572 |
|  | Nakakita Seisakusho Co. Ltd. | 3100 | 68863 |
|  # | Nakamoto Packs Co. Ltd. | 34400 | 409935 |
|  | Nakanishi Manufacturing Co. Ltd. | 5700 | 97154 |
|  # | Nakano Corp. | 14000 | 78484 |
|  # | Namura Shipbuilding Co. Ltd. | 205428 | 2898914 |
|  | Nankai Electric Railway Co. Ltd. | 466400 | 7384488 |
|  | Narasaki Sangyo Co. Ltd. | 25400 | 493144 |
|  | Nice Corp. | 19918 | 219964 |
|  | Nichias Corp. | 235800 | 7932754 |
|  # | Nichiban Co. Ltd. | 62400 | 892970 |
|  # | Nichiden Corp. | 84700 | 1692306 |
|  | Nichiha Corp. | 151580 | 3074725 |
|  | Nichireki Group Co. Ltd. | 144700 | 2502357 |
|  | Nihon Dengi Co. Ltd. | 61600 | 1694053 |
|  | Nihon Flush Co. Ltd. | 95745 | 548683 |
|  | Nikkiso Co. Ltd. | 253800 | 2118956 |
|  # | Nikko Co. Ltd. | 152044 | 723534 |
|  # | Nikkon Holdings Co. Ltd. | 686700 | 14174234 |
|  | Nippi, Inc. | 11900 | 461113 |
|  # | Nippon Air Conditioning Services Co. Ltd. | 165600 | 1176937 |
|  | Nippon Aqua Co. Ltd. | 67300 | 349410 |
|  # | Nippon Carbon Co. Ltd. | 39400 | 1155332 |
|  | Nippon Concept Corp. | 37600 | 456282 |
|  | Nippon Densetsu Kogyo Co. Ltd. | 214501 | 3259978 |
|  | Nippon Dry-Chemical Co. Ltd. | 12000 | 351937 |
|  # | Nippon Hume Corp. | 121665 | 1606720 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |  |  |
|  | Nippon Parking Development Co. Ltd. | 1114400 | $1859382 |
|  #  | Nippon Rietec Co. Ltd. | 12400 | 140372 |
|  | Nippon Road Co. Ltd. | 109000 | 1492965 |
|  # | Nippon Seisen Co. Ltd. | 74000 | 550020 |
|  | Nippon Sharyo Ltd. | 17225 | 243395 |
|  \* | Nippon Sheet Glass Co. Ltd. | 227600 | 652842 |
|  # | Nippon Thompson Co. Ltd. | 227837 | 777378 |
|  | Nippon Tungsten Co. Ltd. | 10798 | 88101 |
|  | Nishimatsu Construction Co. Ltd. | 159600 | 5938281 |
|  | Nishi-Nippon Railroad Co. Ltd. | 312100 | 4798113 |
|  | Nishio Holdings Co. Ltd. | 105800 | 3044313 |
|  | Nissei ASB Machine Co. Ltd. | 49200 | 1567082 |
|  # | Nissei Plastic Industrial Co. Ltd. | 105100 | 612844 |
|  | Nisshinbo Holdings, Inc. | 751880 | 4494514 |
|  | Nissin Corp. | 82400 | 2777102 |
|  # | Nisso Holdings Co. Ltd. | 87500 | 422656 |
|  | Nitta Corp. | 106200 | 2730071 |
|  | Nitto Boseki Co. Ltd. | 18500 | 491681 |
|  | Nitto Kogyo Corp. | 146700 | 3079660 |
|  # | Nitto Kohki Co. Ltd. | 48400 | 578450 |
|  # | Nitto Seiko Co. Ltd. | 143173 | 593147 |
|  | Nittoc Construction Co. Ltd. | 117600 | 859111 |
|  # | Nittoku Co. Ltd. | 50398 | 715977 |
|  | NJS Co. Ltd. | 6900 | 199870 |
|  | Noda Corp. | 116900 | 541466 |
|  # | Nomura Micro Science Co. Ltd. | 56700 | 929675 |
|  | Noritake Co. Ltd. | 109400 | 2851215 |
|  | Noritsu Koki Co. Ltd. | 107400 | 3391373 |
|  | Noritz Corp. | 135000 | 1660005 |
|  # | NS Tool Co. Ltd. | 64800 | 321388 |
|  | NS United Kaiun Kaisha Ltd. | 53400 | 1412865 |
|  | NSK Ltd. | 928757 | 4056900 |
|  | NTN Corp. | 1900400 | 2926838 |
|  # | Obara Group, Inc. | 57400 | 1336308 |
|  # | Ochi Holdings Co. Ltd. | 8900 | 84918 |
|  # | Ohba Co. Ltd. | 76500 | 572727 |
|  # | Ohmoto Gumi Co. Ltd. | 24600 | 223230 |

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##### [**Table of Contents**](#toc)
**THE JAPANESE SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |  |  |
|  | Oiles Corp. | 127170 | $1902686 |
|  | Okabe Co. Ltd. | 192500 | 1196781 |
|  | Okada Aiyon Corp. | 37600 | 492379 |
|  | Okamoto Machine Tool Works Ltd. | 18900 | 462886 |
|  | Okamura Corp. | 339300 | 4711230 |
|  | OKUMA Corp. | 267900 | 6018786 |
|  | Okumura Corp. | 173880 | 5393199 |
|  | Onamba Co. Ltd. | 1400 | 8815 |
|  # | Onoken Co. Ltd. | 96200 | 1007468 |
|  | Open Up Group, Inc. | 259500 | 3342717 |
|  | Organo Corp. | 103027 | 4931787 |
|  | Oriental Consultants Holdings Co. Ltd. | 6100 | 215749 |
|  | Oriental Shiraishi Corp. | 707300 | 1863399 |
|  | Origin Co. Ltd. | 2000 | 14936 |
|  # | OSG Corp. | 379700 | 4513449 |
|  | Oyo Corp. | 126400 | 2369517 |
|  | Paraca, Inc. | 29100 | 382172 |
|  | Park24 Co. Ltd. | 728872 | 10326810 |
|  | Parker Corp. | 34000 | 190426 |
|  | Pasona Group, Inc. | 133600 | 2072535 |
|  | Pegasus Co. Ltd. | 72519 | 241084 |
|  | Penta-Ocean Construction Co. Ltd. | 1544452 | 8859955 |
|  # | People Dreams & Technologies Group Co. Ltd. | 19400 | 240945 |
|  | Pilot Corp. | 140399 | 3918706 |
|  | Prestige International, Inc. | 585300 | 2748352 |
|  # | Pronexus, Inc. | 102300 | 873728 |
|  | PS Construction Co. Ltd. | 62560 | 669710 |
|  | Punch Industry Co. Ltd. | 14800 | 40814 |
|  | Quick Co. Ltd. | 77000 | 1134534 |
|  | Raito Kogyo Co. Ltd. | 258700 | 4811687 |
|  | Raiznext Corp. | 251100 | 2623246 |
|  | Raksul, Inc. | 167500 | 1351110 |
|  | Rasa Corp. | 61100 | 609940 |
|  | Rheon Automatic Machinery Co. Ltd. | 94000 | 765786 |
|  \* | Rise Consulting Group, Inc. | 10500 | 68824 |
|  | Rix Corp. | 19100 | 393682 |
|  | Ryobi Ltd. | 100140 | 1460048 |
|  | Sakai Heavy Industries Ltd. | 37800 | 537114 |
|  | Sakai Moving Service Co. Ltd. | 125000 | 2138326 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |  |  |
|  #\* | SANIX HOLDINGS, Inc. | 18900 | $30293 |
|  | Sanki Engineering Co. Ltd. | 235700 | 6022364 |
|  | Sanko Gosei Ltd. | 107300 | 458648 |
|  | Sanko Metal Industrial Co. Ltd. | 14100 | 583810 |
|  | Sankyo Tateyama, Inc. | 50264 | 224575 |
|  | Sankyu, Inc. | 237900 | 10411929 |
|  | Sansei Technologies, Inc. | 60578 | 536245 |
|  | Sansha Electric Manufacturing Co. Ltd. | 9200 | 52075 |
|  | Sanyo Denki Co. Ltd. | 48900 | 3360649 |
|  # | Sanyo Electric Railway Co. Ltd. | 80098 | 1132318 |
|  # | Sanyo Engineering & Construction, Inc. | 60200 | 347385 |
|  | Sanyo Industries Ltd. | 5800 | 117589 |
|  | Sanyo Trading Co. Ltd. | 128400 | 1262958 |
|  # | Sata Construction Co. Ltd. | 86199 | 662240 |
|  | Sato Corp. | 92500 | 1338587 |
|  # | Sato Shoji Corp. | 84400 | 870087 |
|  | SBS Holdings, Inc. | 106000 | 2127682 |
|  # | SEC Carbon Ltd. | 52800 | 732405 |
|  | Seibu Electric & Machinery Co. Ltd. | 10300 | 136912 |
|  | Seika Corp. | 41200 | 1267747 |
|  # | Seikitokyu Kogyo Co. Ltd. | 79630 | 866257 |
|  # | Seiko Electric Co. Ltd. | 5200 | 46023 |
|  | Seino Holdings Co. Ltd. | 44200 | 695632 |
|  | Sekisui Jushi Corp. | 179401 | 2345232 |
|  | Senko Group Holdings Co. Ltd. | 660000 | 7845804 |
|  # | Senshu Electric Co. Ltd. | 69900 | 2152573 |
|  | Shibaura Machine Co. Ltd. | 105300 | 2658342 |
|  # | Shibusawa Logistics Corp. | 53700 | 1198568 |
|  | Shibuya Corp. | 83300 | 1808504 |
|  | Shima Seiki Manufacturing Ltd. | 88930 | 545410 |
|  # | Shimojima Co. Ltd. | 44500 | 384599 |
|  | Shin Maint Holdings Co. Ltd. | 29200 | 157689 |
|  | Shin Nippon Air Technologies Co. Ltd. | 164560 | 2431277 |

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**THE JAPANESE SMALL COMPANY SERIES** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |  |  |
|  # | Shinki Bus Co. Ltd. | 1900 | $45707 |
|  | Shinmaywa Industries Ltd. | 339100 | 3195377 |
|  | Shinnihon Corp. | 164700 | 1903347 |
|  | Shinsho Corp. | 86100 | 1134871 |
|  | Shinwa Co. Ltd. (3447 JP) | 56500 | 287259 |
|  | Shinwa Co. Ltd. (7607 JP) | 57400 | 1217582 |
|  | SHO-BOND Holdings Co. Ltd. | 85300 | 3061962 |
|  | SIGMAXYZ Holdings, Inc. | 388800 | 2849706 |
|  # | Sinfonia Technology Co. Ltd. | 125900 | 5383349 |
|  | Sinko Industries Ltd. | 340800 | 2880848 |
|  | Sintokogio Ltd. | 178400 | 1039895 |
|  | Skymark Airlines, Inc. | 69300 | 244675 |
|  | SMS Co. Ltd. | 199400 | 1848030 |
|  # | Soda Nikka Co. Ltd. | 105700 | 761759 |
|  # | Sodick Co. Ltd. | 220500 | 1158901 |
|  | Sotetsu Holdings, Inc. | 421800 | 6431116 |
|  # | Space Co. Ltd. | 77062 | 589826 |
|  # | S-Pool, Inc. | 92900 | 195014 |
|  | Star Micronics Co. Ltd. | 198000 | 2270629 |
|  | Studio Alice Co. Ltd. | 50500 | 745722 |
|  | Subaru Enterprise Co. Ltd. | 32700 | 754234 |
|  # | Sugimoto & Co. Ltd. | 109700 | 1235505 |
|  # | Sumiseki Holdings, Inc. | 180600 | 901857 |
|  | Sumitomo Densetsu Co. Ltd. | 93300 | 3428944 |
|  | Sumitomo Heavy Industries Ltd. | 44251 | 921386 |
|  | Sumitomo Mitsui Construction Co. Ltd. | 508640 | 1802694 |
|  | Sumitomo Warehouse Co. Ltd. | 316700 | 6151646 |
|  # | Suzumo Machinery Co. Ltd. | 4400 | 60867 |
|  | SWCC Corp. | 164700 | 7484385 |
|  | Tacmina Corp. | 14700 | 158163 |
|  | Tadano Ltd. | 507700 | 3517383 |
|  | Taihei Dengyo Kaisha Ltd. | 83100 | 2841967 |
|  | Taiheiyo Kouhatsu, Inc. | 10200 | 48183 |
|  | Taikisha Ltd. | 283800 | 4645233 |
|  # | Taisei Oncho Co. Ltd. | 13600 | 356793 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |  |  |
|  | Takamatsu Construction Group Co. Ltd. | 82400 | $1669189 |
|  | Takamiya Co. Ltd. | 71122 | 191059 |
|  | Takaoka Toko Co. Ltd. | 55520 | 892905 |
|  | Takara & Co. Ltd. | 56755 | 1375285 |
|  | Takara Standard Co. Ltd. | 192400 | 2431750 |
|  | Takasago Thermal Engineering Co. Ltd. | 144800 | 6406534 |
|  # | Takashima & Co. Ltd. | 72599 | 665151 |
|  | Takeuchi Manufacturing Co. Ltd. | 199600 | 6247947 |
|  # | Takigami Steel Construction Co. Ltd. | 5300 | 261330 |
|  | Takuma Co. Ltd. | 95800 | 1234396 |
|  | Tanabe Engineering Corp. | 39500 | 596166 |
|  | Tanseisha Co. Ltd. | 197649 | 1436161 |
|  | Techno Ryowa Ltd. | 66390 | 1325172 |
|  | Techno Smart Corp. | 40400 | 451973 |
|  | TechnoPro Holdings, Inc. | 391100 | 8721376 |
|  | Teikoku Electric Manufacturing Co. Ltd. | 103400 | 2022578 |
|  # | Teikoku Sen-I Co. Ltd. | 110700 | 1915182 |
|  # | Tekken Corp. | 53100 | 1030507 |
|  # | Tenpos Holdings Co. Ltd. | 4400 | 105962 |
|  | Terasaki Electric Co. Ltd. | 24300 | 356900 |
|  | Tess Holdings Co. Ltd. | 171298 | 400246 |
|  | TKC Corp. | 178701 | 5037067 |
|  | Toa Corp. (1885 JP) | 311500 | 3009547 |
|  | TOA ROAD Corp. | 236500 | 2528641 |
|  # | Toba, Inc. | 9800 | 236045 |
|  | TOBISHIMA HOLDINGS, Inc. | 49591 | 623756 |
|  | Tocalo Co. Ltd. | 364000 | 4192540 |
|  | Toda Corp. | 1081100 | 6887599 |
|  | Toenec Corp. | 244500 | 1936327 |
|  | Togami Electric Manufacturing Co. Ltd. | 17800 | 431744 |
|  | TOKAI Holdings Corp. | 571600 | 4008207 |
|  # | Tokyo Energy & Systems, Inc. | 96800 | 764482 |
|  # | Tokyo Sangyo Co. Ltd. | 113600 | 551824 |
|  | Tokyu Construction Co. Ltd. | 406100 | 2357795 |

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**THE JAPANESE SMALL COMPANY SERIES** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |  |  |
|  | Toli Corp. | 208400 | $712561 |
|  # | Tomoe Corp. | 141800 | 1474736 |
|  # | Tomoe Engineering Co. Ltd. | 130200 | 1260743 |
|  # | Torishima Pump Manufacturing Co. Ltd. | 108100 | 1491031 |
|  | Totech Corp. | 143200 | 2598406 |
|  | Totetsu Kogyo Co. Ltd. | 134900 | 2976939 |
|  # | Toukei Computer Co. Ltd. | 13620 | 418286 |
|  # | Toyo Construction Co. Ltd. | 278500 | 2612374 |
|  # | Toyo Engineering Corp. | 106944 | 504920 |
|  # | Toyo Innovex Co. Ltd. | 64800 | 262021 |
|  | Toyo Logistics Co. Ltd. | 9220 | 94640 |
|  | Toyo Tanso Co. Ltd. | 73425 | 2063402 |
|  # | Toyo Wharf & Warehouse Co. Ltd. | 14000 | 124997 |
|  | Transcosmos, Inc. | 111700 | 2440793 |
|  | TRE Holdings Corp. | 157500 | 1697344 |
|  | Trinity Industrial Corp. | 36000 | 267909 |
|  | Trusco Nakayama Corp. | 185800 | 2771953 |
|  # | TRYT, Inc. | 63600 | 214097 |
|  # | Tsubaki Nakashima Co. Ltd. | 114000 | 324523 |
|  | Tsubakimoto Chain Co. | 455620 | 5535018 |
|  # | Tsubakimoto Kogyo Co. Ltd. | 83500 | 1265427 |
|  | Tsugami Corp. | 236600 | 2914583 |
|  | Tsukishima Holdings Co. Ltd. | 153400 | 2152885 |
|  | Tsurumi Manufacturing Co. Ltd. | 99900 | 2318276 |
|  # | Ueki Corp. | 60800 | 808850 |
|  | Ushio, Inc. | 499400 | 6006720 |
|  | UT Group Co. Ltd. | 156800 | 2204044 |
|  \* | Visional, Inc. | 121100 | 7326390 |
|  # | Wakachiku Construction Co. Ltd. | 72400 | 2024400 |
|  | Wakita & Co. Ltd. | 193700 | 2393557 |
|  # | WDB Holdings Co. Ltd. | 42200 | 538597 |
|  | Weathernews, Inc. | 63600 | 1577504 |
|  # | West Holdings Corp. | 126603 | 1401773 |
|  # | Will Group, Inc. | 73107 | 499275 |
|  | World Holdings Co. Ltd. | 38600 | 540784 |
|  #\* | W-Scope Corp. | 98700 | 172265 |

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---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |  |  |
|  # | Yahagi Construction Co. Ltd. | 156900 | $1596205 |
|  | YAMABIKO Corp. | 212228 | 3176017 |
|  | YAMADA Consulting Group Co. Ltd. | 44838 | 549653 |
|  | Yamato Corp. | 101100 | 1167409 |
|  # | Yamaura Corp. | 14400 | 122787 |
|  # | Yamazen Corp. | 332700 | 3271249 |
|  # | Yasuda Logistics Corp. | 99100 | 1179996 |
|  | Yokogawa Bridge Holdings Corp. | 187100 | 3427853 |
|  | Yondenko Corp. | 162360 | 1530946 |
|  | Yuasa Trading Co. Ltd. | 96800 | 2962337 |
|  | Yuken Kogyo Co. Ltd. | 1400 | 23617 |
|  | Yurtec Corp. | 257400 | 3323776 |
|  | Yushin Co. | 29300 | 130854 |
|  | Zaoh Co. Ltd. | 25900 | 439820 |
|  | Zenitaka Corp. | 10200 | 306569 |
|  # | Zuiko Corp. | 51765 | 393274 |
|  <br> TOTAL INDUSTRIALS | <br> TOTAL INDUSTRIALS |  | <br> 917688216 |
|  INFORMATION TECHNOLOGY — (12.3%) | INFORMATION TECHNOLOGY — (12.3%) | INFORMATION TECHNOLOGY — (12.3%) |  |
|  | A&D HOLON Holdings Co. Ltd. | 140200 | 1754686 |
|  \* | Access Co. Ltd. | 13400 | 72192 |
|  # | Ad-sol Nissin Corp. | 86816 | 613921 |
|  | Adtec Plasma Technology Co. Ltd. | 3100 | 25276 |
|  | Advanced Media, Inc. | 22200 | 137317 |
|  # | AGS Corp. | 5200 | 30332 |
|  | Ai Holdings Corp. | 193700 | 2866408 |
|  | Aichi Tokei Denki Co. Ltd. | 44837 | 617240 |
|  | Aiphone Co. Ltd. | 66800 | 1175862 |
|  # | Alpha Systems, Inc. | 27720 | 634204 |
|  | Alps Alpine Co. Ltd. | 989842 | 10055052 |
|  | Amano Corp. | 292700 | 8522296 |
|  \* | AnyMind Group, Inc. | 48900 | 296963 |
|  | AOI Electronics Co. Ltd. | 14700 | 180116 |
|  #\* | Arent, Inc. | 5800 | 207213 |
|  | Argo Graphics, Inc. | 102600 | 3627435 |
|  | Arisawa Manufacturing Co. Ltd. | 199400 | 1817197 |
|  | Asahi Intelligence Service Co. Ltd. | 2600 | 18184 |
|  # | Ascentech KK | 8100 | 71044 |
|  | Avant Group Corp. | 108700 | 1355301 |
|  | Axell Corp. | 13900 | 102465 |
|  | Base Co. Ltd. | 31400 | 682660 |
|  \* | baudroie, Inc. | 11600 | 460510 |
|  # | BrainPad, Inc. | 60600 | 449942 |

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##### [**Table of Contents**](#toc)
**THE JAPANESE SMALL COMPANY SERIES** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |  |
|  | Buffalo, Inc. | 20300 | $293792 |
|  # | Business Brain Showa-Ota, Inc. | 38600 | 730012 |
|  # | Business Engineering Corp. | 11200 | 298483 |
|  | CAC Holdings Corp. | 74200 | 1075426 |
|  | Canon Electronics, Inc. | 102800 | 1675374 |
|  # | CDS Co. Ltd. | 15500 | 199342 |
|  | Celsys, Inc. | 164100 | 1491503 |
|  # | Change Holdings, Inc. | 137000 | 1300782 |
|  # | Chino Corp. | 32400 | 435278 |
|  # | Citizen Watch Co. Ltd. | 1259400 | 7285057 |
|  # | CMK Corp. | 186300 | 515428 |
|  | Computer Engineering & Consulting Ltd. | 159900 | 2381853 |
|  # | Computer Institute of Japan Ltd. | 340917 | 1112735 |
|  | Comture Corp. | 125900 | 1471103 |
|  #\* | Core Concept Technologies, Inc. | 13200 | 96016 |
|  # | Core Corp. | 45800 | 566856 |
|  | Cresco Ltd. | 165100 | 1387470 |
|  | Cross Cat Co. Ltd. | 8200 | 60192 |
|  | Cube System, Inc. | 41000 | 289006 |
|  #\* | Cyber Security Cloud, Inc. | 18600 | 222968 |
|  | Cyberlinks Co. Ltd. | 2200 | 16716 |
|  | Cybozu, Inc. | 123700 | 2565697 |
|  # | Daishinku Corp. | 132396 | 483580 |
|  | Daitron Co. Ltd. | 55600 | 1243919 |
|  | Daiwabo Holdings Co. Ltd. | 540900 | 9159070 |
|  # | Densan System Holdings Co. Ltd. | 42900 | 750199 |
|  | Dentsu Soken, Inc. | 28000 | 1226177 |
|  | Dexerials Corp. | 233700 | 2745756 |
|  # | Digital Arts, Inc. | 63500 | 3142826 |
|  # | Digital Hearts Holdings Co. Ltd. | 33000 | 229049 |
|  | Digital Information Technologies Corp. | 52700 | 901244 |
|  | DKK Co. Ltd. | 28600 | 378711 |
|  | DKK-Toa Corp. | 28300 | 156235 |
|  | Double Standard, Inc. | 18500 | 192702 |
|  | DTS Corp. | 243200 | 6917062 |
|  | Ebase Co. Ltd. | 100338 | 375072 |
|  # | E-Guardian, Inc. | 10808 | 167591 |
|  | Eizo Corp. | 183800 | 2629760 |
|  | Elecom Co. Ltd. | 232200 | 2724486 |
|  | Enomoto Co. Ltd. | 5983 | 54611 |
|  # | Enplas Corp. | 37900 | 1073476 |
|  | ESPEC Corp. | 106800 | 1705276 |
|  \* | f-code, Inc. | 3300 | 42902 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |  |
|  | Ferrotec Holdings Corp. | 236900 | $4089933 |
|  # | FFRI Security, Inc. | 7100 | 169088 |
|  # | Fixstars Corp. | 123600 | 1518470 |
|  # | Focus Systems Corp. | 50500 | 392853 |
|  # | Forval Corp. | 51100 | 522832 |
|  \* | Fronteo, Inc. | 47800 | 200044 |
|  | FTGroup Co. Ltd. | 51000 | 390431 |
|  | Fukui Computer Holdings, Inc. | 53000 | 1309925 |
|  | Furuno Electric Co. Ltd. | 128000 | 2280851 |
|  | Furuya Metal Co. Ltd. | 58100 | 1046369 |
|  | Future Corp. | 270200 | 3406993 |
|  # | Global Security Experts, Inc. | 5400 | 213475 |
|  | GLtechno Holdings, Inc. | 44500 | 871962 |
|  | GMO GlobalSign Holdings KK | 21200 | 329209 |
|  | GMO internet group, Inc. | 331520 | 7795772 |
|  | Hagiwara Electric Holdings Co. Ltd. | 43700 | 946866 |
|  \* | Headwaters Co. Ltd. | 3600 | 94428 |
|  # | Hennge KK | 37700 | 452938 |
|  # | Hibino Corp. | 5400 | 88309 |
|  | Himacs Ltd. | 960 | 8490 |
|  | Hioki EE Corp. | 57600 | 2296674 |
|  # | Hochiki Corp. | 86600 | 1482149 |
|  | Hokuriku Electric Industry Co. Ltd. | 19339 | 210032 |
|  | Hosiden Corp. | 282100 | 3787530 |
|  # | Icom, Inc. | 50800 | 962646 |
|  # | ID Holdings Corp. | 42850 | 590051 |
|  | I'll, Inc. | 40500 | 659836 |
|  | Ines Corp. | 106400 | 1222867 |
|  # | I-Net Corp. | 71690 | 971522 |
|  # | Innotech Corp. | 85700 | 723083 |
|  | Intelligent Wave, Inc. | 48300 | 363202 |
|  | Inter Action Corp. | 12100 | 103234 |
|  | Iriso Electronics Co. Ltd. | 87800 | 1571995 |
|  | ISB Corp. | 50100 | 474883 |
|  | Itfor, Inc. | 160700 | 1660730 |
|  | Japan Aviation Electronics Industry Ltd. | 269200 | 4312331 |
|  | Japan Business Systems, Inc. | 5600 | 40708 |
|  # | Japan Cash Machine Co. Ltd. | 98000 | 703354 |
|  # | Japan Electronic Materials Corp. | 35200 | 462286 |

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**THE JAPANESE SMALL COMPANY SERIES** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |  |  |
|  | Japan Material Co. Ltd. | 392800 | $3292928 |
|  # | Japan System Techniques Co. Ltd. | 72400 | 950950 |
|  | JBCC Holdings, Inc. | 349200 | 2929435 |
|  | Jeol Ltd. | 235300 | 7567540 |
|  | JFE Systems, Inc. | 23000 | 255453 |
|  #\* | JIG-SAW, Inc. | 11000 | 234173 |
|  | Justsystems Corp. | 161600 | 3867540 |
|  | Kaga Electronics Co. Ltd. | 194800 | 3489037 |
|  | KEL Corp. | 18100 | 165602 |
|  # | Koa Corp. | 99401 | 575053 |
|  # | Kohoku Kogyo Co. Ltd. | 21000 | 270760 |
|  \* | Konica Minolta, Inc. | 2256000 | 6924355 |
|  | KSK Co. Ltd. | 3000 | 70834 |
|  #\* | kubell Co. Ltd. | 10600 | 36685 |
|  # | Kyosan Electric Manufacturing Co. Ltd. | 189800 | 636598 |
|  # | Kyowa Electronic Instruments Co. Ltd. | 36800 | 129397 |
|  | Macnica Holdings, Inc. | 518082 | 7203139 |
|  | Marubun Corp. | 84200 | 546286 |
|  | Maruwa Co. Ltd. | 3500 | 719693 |
|  | Maxell Ltd. | 222300 | 2724681 |
|  | MCJ Co. Ltd. | 423600 | 3960148 |
|  | Megachips Corp. | 47800 | 1555234 |
|  | Meiko Electronics Co. Ltd. | 122000 | 5359144 |
|  # | Micronics Japan Co. Ltd. | 164100 | 3476701 |
|  | MIMAKI ENGINEERING Co. Ltd. | 101100 | 1025255 |
|  | Miraial Co. Ltd. | 21338 | 191927 |
|  # | Miroku Jyoho Service Co. Ltd. | 104000 | 1350113 |
|  | Mitsubishi Research Institute, Inc. | 48100 | 1510401 |
|  # | Mitsui High-Tec, Inc. | 265200 | 1238738 |
|  | m-up Holdings, Inc. | 161300 | 2132338 |
|  | Mutoh Holdings Co. Ltd. | 2600 | 50982 |
|  # | Nagano Keiki Co. Ltd. | 74900 | 992319 |
|  # | NCD Co. Ltd./Shinagawa | 31500 | 594714 |
|  | Needs Well, Inc. | 6900 | 22561 |
|  | NEOJAPAN, Inc. | 3400 | 36766 |
|  | Nichicon Corp. | 139700 | 1142785 |
|  # | Nihon Dempa Kogyo Co. Ltd. | 66800 | 364291 |
|  | Nihon Denkei Co. Ltd. | 42200 | 567600 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |  |
|  # | Nippon Avionics Co. Ltd. | 20500 | $429691 |
|  #\* | Nippon Chemi-Con Corp. | 21191 | 144839 |
|  | Nippon Electric Glass Co. Ltd. | 385736 | 8825927 |
|  | Nippon Information Development Co. Ltd. | 12600 | 211180 |
|  # | Nippon Kodoshi Corp. | 50100 | 625372 |
|  | Nippon Signal Co. Ltd. | 229365 | 1573442 |
|  | Nissha Co. Ltd. | 129600 | 1110642 |
|  | Nohmi Bosai Ltd. | 73500 | 1710546 |
|  # | NPC, Inc. | 72300 | 383852 |
|  | NSD Co. Ltd. | 464660 | 10939229 |
|  # | NSW, Inc. | 48600 | 1055038 |
|  # | Ohara, Inc. | 19600 | 141892 |
|  | Oki Electric Industry Co. Ltd. | 214164 | 1426389 |
|  | Optex Group Co. Ltd. | 156300 | 1672412 |
|  #\* | Optim Corp. | 30900 | 141517 |
|  | Optorun Co. Ltd. | 90899 | 903550 |
|  | Oro Co. Ltd. | 27600 | 462141 |
|  | Osaki Electric Co. Ltd. | 109540 | 651947 |
|  | Oval Corp. | 26900 | 74924 |
|  \* | PKSHA Technology, Inc. | 34100 | 678354 |
|  # | Plus Alpha Consulting Co. Ltd. | 77200 | 898300 |
|  # | Pole To Win Holdings, Inc. | 60097 | 151572 |
|  # | Pro-Ship, Inc. | 44900 | 667177 |
|  | Rakus Co. Ltd. | 300700 | 4569076 |
|  | Restar Corp. | 103900 | 1628640 |
|  | Riken Keiki Co. Ltd. | 158800 | 2961571 |
|  | Riso Kagaku Corp. | 20200 | 172850 |
|  | Rorze Corp. | 250000 | 2516200 |
|  | RS Technologies Co. Ltd. | 10300 | 191761 |
|  | RYODEN Corp. | 89900 | 1522392 |
|  | Ryoyo Ryosan Holdings, Inc. | 57303 | 962362 |
|  # | Samco, Inc. | 8800 | 147456 |
|  \* | Sanken Electric Co. Ltd. | 113599 | 5017192 |
|  # | Sanshin Electronics Co. Ltd. | 67900 | 940188 |
|  # | Santec Holdings Corp. | 18900 | 550763 |
|  # | Satori Electric Co. Ltd. | 66280 | 767272 |
|  | SAXA, Inc. | 23800 | 503917 |
|  | Segue Group Co. Ltd. | 23900 | 90266 |
|  | SEMITEC Corp. | 29200 | 364597 |
|  # | SERAKU Co. Ltd. | 2500 | 25046 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |  |
|  # | Shibaura Electronics Co. Ltd. | 83500 | $3446403 |
|  # | Shibaura Mechatronics Corp. | 63900 | 2997055 |
|  \* | SHIFT, Inc. | 689000 | 6304481 |
|  | Shindengen Electric Manufacturing Co. Ltd. | 15500 | 224194 |
|  # | Shinko Shoji Co. Ltd. | 173400 | 1081008 |
|  | Showa Shinku Co. Ltd. | 9800 | 92692 |
|  | Sigma Koki Co. Ltd. | 10300 | 95149 |
|  | Siix Corp. | 163800 | 1206171 |
|  \* | Simplex Holdings, Inc. | 122200 | 2586429 |
|  | SK-Electronics Co. Ltd. | 40400 | 651567 |
|  # | Smaregi, Inc. | 17500 | 385572 |
|  # | SMK Corp. | 16249 | 266518 |
|  | Socionext, Inc. | 579500 | 6232854 |
|  | Softcreate Holdings Corp. | 95000 | 1306295 |
|  | Soliton Systems KK | 43500 | 380919 |
|  | Solxyz Co. Ltd. | 24400 | 65277 |
|  | SRA Holdings | 69900 | 2128496 |
|  | Startia Holdings, Inc. | 25200 | 372369 |
|  # | SUMCO Corp. | 434500 | 2996350 |
|  | Sumida Corp. | 120001 | 795070 |
|  \* | Sun\*, Inc. (4053 JP) | 23600 | 93442 |
|  # | Sun-Wa Technos Corp. | 50200 | 743689 |
|  # | Suzuden Corp. | 27000 | 367580 |
|  | Suzuki Co. Ltd. | 58777 | 664949 |
|  | System D, Inc. | 1100 | 13643 |
|  | System Research Co. Ltd. | 61300 | 752962 |
|  | System Support Holdings, Inc. | 31500 | 443455 |
|  # | Systems Engineering Consultants Co. Ltd. | 12000 | 373563 |
|  | Systena Corp. | 1354500 | 3542966 |
|  | Tachibana Eletech Co. Ltd. | 100460 | 1642960 |
|  | Taiyo Yuden Co. Ltd. | 484101 | 7301335 |
|  # | TAKEBISHI Corp. | 50700 | 631861 |
|  # | Tamura Corp. | 386100 | 1231587 |
|  | Tazmo Co. Ltd. | 35600 | 436544 |
|  # | TDC Soft, Inc. | 186800 | 1654693 |
|  | TechMatrix Corp. | 233900 | 3340218 |
|  | Teikoku Tsushin Kogyo Co. Ltd. | 34200 | 564401 |
|  # | Tera Probe, Inc. | 11800 | 218962 |
|  | TESEC Corp. | 12300 | 120423 |
|  | Toho System Science Co. Ltd. | 4050 | 34551 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |  |
|  # | Tokyo Electron Device Ltd. | 103700 | $2149876 |
|  | Tokyo Seimitsu Co. Ltd. | 151616 | 8460643 |
|  # | Tomen Devices Corp. | 15900 | 594155 |
|  | Topcon Corp. | 545900 | 12397851 |
|  # | Torex Semiconductor Ltd. | 45400 | 376531 |
|  | Toshiba TEC Corp. | 113809 | 2145175 |
|  # | Towa Corp. | 326200 | 3045012 |
|  | Toyo Corp. | 124500 | 1198782 |
|  # | Tri Chemical Laboratories, Inc. | 67800 | 1210581 |
|  # | Tsuzuki Denki Co. Ltd. | 47300 | 811183 |
|  | Ubicom Holdings, Inc. | 12174 | 108658 |
|  | Uchida Yoko Co. Ltd. | 46400 | 2538351 |
|  | ULS Group, Inc. | 12200 | 423966 |
|  | Ulvac, Inc. | 155600 | 5277116 |
|  # | User Local, Inc. | 23700 | 276291 |
|  | V Technology Co. Ltd. | 12900 | 181812 |
|  | Wacom Co. Ltd. | 240300 | 919900 |
|  | WILLs, Inc. | 9000 | 41777 |
|  \* | WingArc1st, Inc. | 67400 | 1801283 |
|  # | YAC Holdings Co. Ltd. | 50400 | 281664 |
|  | Yamaichi Electronics Co. Ltd. | 128800 | 1809917 |
|  # | Yashima Denki Co. Ltd. | 119500 | 1418110 |
|  # | YE DIGITAL Corp. | 21400 | 91461 |
|  | Yokowo Co. Ltd. | 65475 | 561063 |
|  TOTAL INFORMATION TECHNOLOGY | TOTAL INFORMATION TECHNOLOGY |  | 378156409 |
|  MATERIALS — (11.6%) | MATERIALS — (11.6%) |  |  |
|  # | Achilles Corp. | 50100 | 472630 |
|  | ADEKA Corp. | 480800 | 8667346 |
|  | Aica Kogyo Co. Ltd. | 214600 | 4975352 |
|  # | Aichi Steel Corp. | 46165 | 2720992 |
|  | Arakawa Chemical Industries Ltd. | 79100 | 588177 |
|  # | Araya Industrial Co. Ltd. | 15800 | 509404 |
|  | ARE Holdings, Inc. | 436500 | 5423112 |
|  | Artience Co. Ltd. | 204100 | 4211952 |
|  | Asahi Printing Co. Ltd. | 22400 | 136277 |
|  # | Asahi Yukizai Corp. | 84300 | 2209552 |
|  | Asia Pile Holdings Corp. | 166430 | 1049947 |
|  | C Uyemura & Co. Ltd. | 63900 | 4135348 |
|  # | Carlit Co. Ltd. | 111113 | 834499 |
|  # | Chubu Steel Plate Co. Ltd. | 57500 | 858882 |
|  | Chuetsu Pulp & Paper Co. Ltd. | 23000 | 244815 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |  |
|  | Chugoku Marine Paints Ltd. | 183100 | $2659481 |
|  # | CK-San-Etsu Co. Ltd. | 20300 | 524899 |
|  | Dai Nippon Toryo Co. Ltd. | 109300 | 972097 |
|  | Daicel Corp. | 320973 | 2732174 |
|  | Daido Steel Co. Ltd. | 539800 | 4067350 |
|  # | Daiichi Kigenso Kagaku-Kogyo Co. Ltd. | 79100 | 371898 |
|  # | Daiki Aluminium Industry Co. Ltd. | 152500 | 1001346 |
|  | Dainichiseika Color & Chemicals Manufacturing Co. Ltd. | 62800 | 1330399 |
|  | Daio Paper Corp. | 324600 | 2070950 |
|  # | Denka Co. Ltd. | 358458 | 4891855 |
|  | DIC Corp. | 383200 | 7478105 |
|  # | DKS Co. Ltd. | 35615 | 656719 |
|  | Dowa Holdings Co. Ltd. | 247200 | 7931309 |
|  | Dynapac Co. Ltd. | 7500 | 96046 |
|  | FP Corp. | 179597 | 3872858 |
|  | Fuji Seal International, Inc. | 205128 | 3662566 |
|  # | Fujikura Kasei Co. Ltd. | 56200 | 187486 |
|  | Fujimi, Inc. | 204600 | 2678063 |
|  | Fuso Chemical Co. Ltd. | 109200 | 2649766 |
|  | Godo Steel Ltd. | 49900 | 1300989 |
|  # | Gun-Ei Chemical Industry Co. Ltd. | 18100 | 396885 |
|  # | Hakudo Co. Ltd. | 38300 | 576104 |
|  | Harima Chemicals Group, Inc. | 64500 | 361536 |
|  # | Hodogaya Chemical Co. Ltd. | 44802 | 467221 |
|  | Hokkan Holdings Ltd. | 45341 | 577177 |
|  # | Hokko Chemical Industry Co. Ltd. | 111000 | 950670 |
|  # | Hokuetsu Corp. | 677999 | 5188978 |
|  # | Ise Chemicals Corp. | 9300 | 1453941 |
|  # | Ishihara Chemical Co. Ltd. | 56200 | 821097 |
|  | Ishihara Sangyo Kaisha Ltd. | 143450 | 1767657 |
|  | Ishizuka Glass Co. Ltd. | 4800 | 81917 |
|  # | Japan Pure Chemical Co. Ltd. | 500 | 9995 |
|  | JCU Corp. | 123200 | 2720629 |
|  # | JSP Corp. | 72300 | 996818 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |  |
|  | Kaneka Corp. | 211400 | $5166453 |
|  # | Kanto Denka Kogyo Co. Ltd. | 216000 | 1310227 |
|  # | KeePer Technical Laboratory Co. Ltd. | 74700 | 2169604 |
|  | KEIWA, Inc. | 34539 | 222676 |
|  | KH Neochem Co. Ltd. | 155942 | 2763708 |
|  # | Koatsu Gas Kogyo Co. Ltd. | 158793 | 1052888 |
|  # | Kohsoku Corp. | 70200 | 1042266 |
|  | Konishi Co. Ltd. | 324700 | 2550895 |
|  # | Konoshima Chemical Co. Ltd. | 21600 | 195229 |
|  | Krosaki Harima Corp. | 108300 | 1901100 |
|  # | Kumiai Chemical Industry Co. Ltd. | 306787 | 1638061 |
|  | Kunimine Industries Co. Ltd. | 26500 | 189586 |
|  | Kureha Corp. | 255450 | 4471230 |
|  | Kurimoto Ltd. | 59000 | 1953505 |
|  | Kuriyama Holdings Corp. | 79300 | 729496 |
|  | Kyoei Steel Ltd. | 104300 | 1470141 |
|  | Kyowa Leather Cloth Co. Ltd. | 52300 | 250030 |
|  | Lintec Corp. | 227200 | 4346053 |
|  | Maeda Kosen Co. Ltd. | 223700 | 3189103 |
|  | Maruichi Steel Tube Ltd. | 251800 | 5948498 |
|  | MEC Co. Ltd. | 55100 | 911915 |
|  # | Mipox Corp. | 900 | 3122 |
|  | Mitani Sekisan Co. Ltd. | 66000 | 3131312 |
|  | Mitsubishi Materials Corp. | 581700 | 9174884 |
|  # | Mitsubishi Paper Mills Ltd. | 100900 | 543363 |
|  | Mitsubishi Steel Manufacturing Co. Ltd. | 13184 | 145357 |
|  | Mitsui Mining & Smelting Co. Ltd. | 291500 | 7925005 |
|  | MORESCO Corp. | 6300 | 51737 |
|  # | Moriroku Co. Ltd. | 23000 | 354863 |
|  | Mory Industries, Inc. | 162000 | 1156697 |
|  | Muto Seiko Co. | 18100 | 182625 |
|  | Nakayama Steel Works Ltd. | 179700 | 917237 |
|  | Nasu Denki Tekko Co. Ltd. | 3000 | 268741 |
|  | Neturen Co. Ltd. | 146300 | 950427 |
|  # | Nicca Chemical Co. Ltd. | 39300 | 364054 |

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##### [**Table of Contents**](#toc)
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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |  |
|  | Nichia Steel Works Ltd. | 20100 | $42708 |
|  | Nihon Kagaku Sangyo Co. Ltd. | 79800 | 832620 |
|  | Nihon Nohyaku Co. Ltd. | 143600 | 830373 |
|  | Nihon Parkerizing Co. Ltd. | 490600 | 4086789 |
|  # | Nihon Yamamura Glass Co. Ltd. | 33500 | 526334 |
|  | Nippon Carbide Industries Co., Inc. | 21600 | 254734 |
|  # | Nippon Chemical Industrial Co. Ltd. | 26300 | 388991 |
|  | Nippon Concrete Industries Co. Ltd. | 178717 | 417380 |
|  | Nippon Denko Co. Ltd. | 487414 | 915725 |
|  # | Nippon Fine Chemical Co. Ltd. | 78800 | 1179595 |
|  | Nippon Kayaku Co. Ltd. | 598900 | 5642601 |
|  | Nippon Light Metal Holdings Co. Ltd. | 246590 | 2570930 |
|  | Nippon Paper Industries Co. Ltd. | 294806 | 2279317 |
|  | Nippon Shokubai Co. Ltd. | 475900 | 5577134 |
|  | Nippon Soda Co. Ltd. | 267700 | 5022624 |
|  | Nippon Yakin Kogyo Co. Ltd. | 73349 | 2083051 |
|  | Nitta Gelatin, Inc. | 50300 | 288296 |
|  # | Nittetsu Mining Co. Ltd. | 65300 | 2839802 |
|  | Nozawa Corp. | 30600 | 179723 |
|  | Oat Agrio Co. Ltd. | 49200 | 706996 |
|  | Okamoto Industries, Inc. | 68400 | 2411401 |
|  | Okura Industrial Co. Ltd. | 33000 | 955096 |
|  # | Osaka Organic Chemical Industry Ltd. | 85843 | 1446879 |
|  # | Osaka Steel Co. Ltd. | 79400 | 1332987 |
|  # | OSAKA Titanium Technologies Co. Ltd. | 88200 | 1021394 |
|  # | Pacific Metals Co. Ltd. | 18941 | 229858 |
|  | Pack Corp. | 80200 | 1822857 |
|  | PILLAR Corp. | 105500 | 2684358 |
|  | Rasa Industries Ltd. | 40000 | 768831 |
|  | Rengo Co. Ltd. | 1005600 | 5613756 |
|  | Riken Technos Corp. | 224700 | 1579141 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |  |
|  | Sakai Chemical Industry Co. Ltd. | 71416 | $1257429 |
|  | Sakata INX Corp. | 236800 | 3073408 |
|  | Sanyo Chemical Industries Ltd. | 65300 | 1645108 |
|  | Sekisui Kasei Co. Ltd. | 64382 | 147644 |
|  | Shikoku Kasei Holdings Corp. | 219200 | 2823551 |
|  | Shinagawa Refractories Co. Ltd. | 157500 | 1816545 |
|  | Shin-Etsu Polymer Co. Ltd. | 256400 | 2627141 |
|  | SK Kaken Co. Ltd. | 15500 | 967969 |
|  | Soken Chemical & Engineering Co. Ltd. | 86200 | 916224 |
|  | Stella Chemifa Corp. | 49400 | 1290169 |
|  | Sumitomo Bakelite Co. Ltd. | 215348 | 5007035 |
|  | Sumitomo Osaka Cement Co. Ltd. | 172299 | 4705241 |
|  | Sumitomo Seika Chemicals Co. Ltd. | 48700 | 1624155 |
|  | T Hasegawa Co. Ltd. | 132800 | 2661569 |
|  | Taiheiyo Cement Corp. | 42095 | 1133423 |
|  # | Taisei Lamick Group Head Quarter & Innovation Co. Ltd. | 27900 | 484052 |
|  | Taiyo Holdings Co. Ltd. | 215900 | 7993475 |
|  | Takasago International Corp. | 81800 | 3842369 |
|  | Takemoto Yohki Co. Ltd. | 12700 | 74561 |
|  # | Taki Chemical Co. Ltd. | 23200 | 510476 |
|  # | Tayca Corp. | 85117 | 775023 |
|  | Teijin Ltd. | 995088 | 8343496 |
|  #  | Tenma Corp. | 106500 | 2657235 |
|  | Toagosei Co. Ltd. | 636000 | 5983743 |
|  | Toho Acetylene Co. Ltd. | 47900 | 121260 |
|  | Toho Chemical Industry Co. Ltd. | 47000 | 216720 |
|  # | Toho Titanium Co. Ltd. | 168500 | 1201307 |
|  # | Tokai Carbon Co. Ltd. | 883400 | 5700393 |
|  | Tokushu Tokai Paper Co. Ltd. | 41658 | 1088195 |
|  | Tokuyama Corp. | 332797 | 6793187 |
|  | Tokyo Printing Ink Manufacturing Co. Ltd. | 9600 | 265014 |

---

894

------

##### [**Table of Contents**](#toc)
**THE JAPANESE SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |  |
|  | Tokyo Rope Manufacturing Co. Ltd. | 28300 | $240176 |
|  # | Tokyo Steel Manufacturing Co. Ltd. | 467000 | 5280274 |
|  # | Tokyo Tekko Co. Ltd. | 52900 | 2061974 |
|  | Tomoku Co. Ltd. | 65100 | 1115638 |
|  | Topy Industries Ltd. | 63000 | 913180 |
|  # | Toyo Gosei Co. Ltd. | 27500 | 930572 |
|  | Toyobo Co. Ltd. | 241700 | 1499463 |
|  # | TYK Corp. | 108200 | 372553 |
|  | UACJ Corp. | 189241 | 6384677 |
|  | UBE Corp. | 554500 | 8135315 |
|  | Valqua Ltd. | 95312 | 2005140 |
|  | Vertex Corp. | 126294 | 1706537 |
|  | Yamau Holdings Co. Ltd. | 5300 | 64846 |
|  # | Yamax Corp. | 16600 | 156015 |
|  | Yodogawa Steel Works Ltd. | 129300 | 5235104 |
|  # | Yotai Refractories Co. Ltd. | 109300 | 1360062 |
|  | Yushiro, Inc. | 45200 | 598559 |
|  | Zacros Corp. | 93000 | 2578838 |
|  | Zeon Corp. | 612293 | 6004278 |
|  TOTAL MATERIALS | TOTAL MATERIALS | TOTAL MATERIALS | 354109953 |
|  REAL ESTATE — (1.6%) | REAL ESTATE — (1.6%) | REAL ESTATE — (1.6%) |  |
|  # | AD Works Group Co. Ltd. | 137000 | 253524 |
|  # | Airport Facilities Co. Ltd. | 127670 | 597183 |
|  | Anabuki Kosan, Inc. | 16400 | 252559 |
|  # | Aoyama Zaisan Networks Co. Ltd. | 101700 | 1375690 |
|  | Arealink Co. Ltd. | 95146 | 1463711 |
|  | AZOOM Co. Ltd. | 9100 | 497799 |
|  | B-Lot Co. Ltd. | 27300 | 252243 |
|  | Cosmos Initia Co. Ltd. | 43300 | 370207 |
|  # | CREAL, Inc. | 7100 | 257966 |
|  | Dear Life Co. Ltd. | 142100 | 1109385 |
|  | FaithNetwork Co. Ltd. | 2000 | 27408 |
|  | Global Link Management KK | 8600 | 116241 |
|  # | Goldcrest Co. Ltd. | 84570 | 1941431 |
|  # | Good Com Asset Co. Ltd. | 14700 | 125536 |
|  # | Grandy House Corp. | 100400 | 387429 |
|  | Heiwa Real Estate Co. Ltd. | 56900 | 1875073 |
|  | Ichigo, Inc. | 340900 | 919339 |
|  | Innovation Holdings Co. Ltd. | 3100 | 20331 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) |  |
|  # | JALCO Holdings, Inc. | 110200 | $237514 |
|  | Japan Property Management Center Co. Ltd. | 54100 | 443305 |
|  | JINUSHI Co. Ltd. | 77900 | 1123167 |
|  | JSB Co. Ltd. | 50800 | 1292723 |
|  | Katitas Co. Ltd. | 184200 | 2668886 |
|  | Keihanshin Building Co. Ltd. | 191800 | 2020427 |
|  | LA Holdings Co. Ltd. | 18400 | 889075 |
|  | Leopalace21 Corp. | 947400 | 3881260 |
|  | Loadstar Capital KK | 40000 | 711182 |
|  | Mirarth Holdings, Inc. | 463300 | 1603546 |
|  | Mugen Estate Co. Ltd. | 54600 | 847191 |
|  # | Nisshin Group Holdings Co. Ltd. | 193600 | 693303 |
|  | Relo Group, Inc. | 456756 | 6035240 |
|  | Sankyo Frontier Co. Ltd. | 47400 | 637602 |
|  # | SRE Holdings Corp. | 46200 | 1140014 |
|  | Star Mica Holdings Co. Ltd. | 129371 | 883800 |
|  | Starts Corp., Inc. | 198400 | 5396119 |
|  | Sun Frontier Fudousan Co. Ltd. | 162400 | 2222424 |
|  | Sunnexta Group, Inc. | 11100 | 80413 |
|  | TOC Co. Ltd. | 216550 | 957994 |
|  # | Tokyo Theatres Co., Inc. | 13999 | 107059 |
|  | Tosei Corp. | 174700 | 2944370 |
|  # | Urbanet Corp. Co. Ltd. | 102000 | 327881 |
|  TOTAL REAL ESTATE | TOTAL REAL ESTATE |  | 48987550 |
|  UTILITIES — (1.5%) | UTILITIES — (1.5%) |  |  |
|  # | Chugoku Electric Power Co., Inc. | 880300 | 4679736 |
|  # | eRex Co. Ltd. | 100500 | 590264 |
|  # | Hiroshima Gas Co. Ltd. | 245931 | 610004 |
|  # | Hokkaido Electric Power Co., Inc. | 923700 | 4388628 |
|  | Hokkaido Gas Co. Ltd. | 419500 | 1639576 |
|  | Hokuriku Electric Power Co. | 864100 | 4440726 |
|  # | Hokuriku Gas Co. Ltd. | 9800 | 268088 |
|  # | K&O Energy Group, Inc. | 80600 | 1560283 |
|  | Nippon Gas Co. Ltd. | 645700 | 11909792 |
|  # | Okinawa Electric Power Co., Inc. | 157316 | 1048278 |
|  #\* | RENOVA, Inc. | 200899 | 920243 |
|  | Saibu Gas Holdings Co. Ltd. | 102100 | 1229913 |

---

895

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##### [**Table of Contents**](#toc)
**THE JAPANESE SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UTILITIES — (Continued) | UTILITIES — (Continued) |  |  |
|  | Shikoku Electric Power Co., Inc. | 792100 | $6509501 |
|  | Shizuoka Gas Co. Ltd. | 250500 | 2064281 |
|  # | Toell Co. Ltd. | 51800 | 279037 |
|  | Toho Gas Co. Ltd. | 105100 | 3143841 |
|  TOTAL UTILITIES | TOTAL UTILITIES | TOTAL UTILITIES | 45282191 |
|  TOTAL COMMON STOCKS<br>Cost ($2266759293) | TOTAL COMMON STOCKS<br>Cost ($2266759293) | TOTAL COMMON STOCKS<br>Cost ($2266759293) | 2968209872 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SECURITIES LENDING COLLATERAL — (3.1%) | SECURITIES LENDING COLLATERAL — (3.1%) | SECURITIES LENDING COLLATERAL — (3.1%) | SECURITIES LENDING COLLATERAL — (3.1%) |
|  @§ | The DFA Short Term Investment Fund | 8095184 | $93620804 |
|  TOTAL INVESTMENTS — (100.0%)<br>(Cost $2,360,391,094) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $2,360,391,094) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $2,360,391,094) | $3061830676 |

---

Summary of the Series' investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Assets** |  |  |  |  |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Communication Services |  | $56881625 |  | $56881625 |
| &nbsp;&nbsp;&nbsp;&nbsp; Consumer Discretionary |  | 481213419 |  | 481213419 |
| &nbsp;&nbsp;&nbsp;&nbsp; Consumer Staples |  | 249174511 |  | 249174511 |
| &nbsp;&nbsp;&nbsp;&nbsp; Energy |  | 29579312 |  | 29579312 |
| &nbsp;&nbsp;&nbsp;&nbsp; Financials |  | 271940624 |  | 271940624 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care |  | 135196062 |  | 135196062 |
| &nbsp;&nbsp;&nbsp;&nbsp; Industrials | $261330 | 917426886 |  | 917688216 |
| &nbsp;&nbsp;&nbsp;&nbsp; Information Technology |  | 378156409 |  | 378156409 |
| &nbsp;&nbsp;&nbsp;&nbsp; Materials |  | 354109953 |  | 354109953 |
| &nbsp;&nbsp;&nbsp;&nbsp; Real Estate |  | 48987550 |  | 48987550 |
| &nbsp;&nbsp;&nbsp;&nbsp; Utilities. |  | 45282191 |  | 45282191 |
|  Securities Lending Collateral |  | 93620804 |  | 93620804 |
|  Total Investments in Securities | $261330 | $3061569346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—<> | $3061830676 |

---

---

| | |
|:---|:---|
| <> | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.  |

---

See accompanying Notes to Financial Statements.

896

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##### [**Table of Contents**](#toc)
**THE ASIA PACIFIC SMALL COMPANY SERIES** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COMMON STOCKS — (98.6%) | COMMON STOCKS — (98.6%) |  |  |
|  AUSTRALIA — (68.6%) | AUSTRALIA — (68.6%) |  |  |
|  #\* | 29Metals Ltd. | 3401418 | $260362 |
|  \* | 3P Learning Ltd. | 93233 | 38879 |
|  #\* | 4DMedical Ltd. | 51246 | 10517 |
|  | Accent Group Ltd. | 2665493 | 3163458 |
|  \*†† | ACN Ltd. | 1687 | 0 |
|  # | Acrow Ltd. | 1397728 | 930623 |
|  # | Adairs Ltd. | 1092935 | 1652862 |
|  \* | AIC Mines Ltd. | 82645 | 18530 |
|  \* | AI-Media Technologies Ltd. | 200841 | 91158 |
|  \* | Ainsworth Game Technology Ltd. | 570292 | 349815 |
|  #\* | Alkane Resources Ltd. | 2780194 | 1430603 |
|  #\* | Alliance Aviation Services Ltd. | 376418 | 661066 |
|  #\* | Alligator Energy Ltd. | 5133833 | 98756 |
|  #\* | AMA Group Ltd. | 24416911 | 968054 |
|  | Amotiv Ltd. | 778690 | 3861240 |
|  | AMP Ltd. | 15419283 | 12735651 |
|  \* | Amplitude Energy Ltd. | 15637034 | 1850001 |
|  | Ansell Ltd. | 782122 | 15172813 |
|  #\* | Anson Resources Ltd. | 569514 | 20426 |
|  \* | Antipa Minerals Ltd. | 369898 | 126199 |
|  #\* | Appen Ltd. | 844241 | 433311 |
|  #\* | Arafura Rare Earths Ltd. (ARU AU) | 12134269 | 1588340 |
|  # | ARB Corp. Ltd. | 520401 | 10487135 |
|  #\* | Archer Materials Ltd. | 451698 | 76213 |
|  # | ARN Media Ltd. | 942418 | 337598 |
|  \* | Articore Group Ltd. | 502122 | 49490 |
|  | AUB Group Ltd. | 677371 | 13831546 |
|  #\* | Audinate Group Ltd. | 373452 | 1466030 |
|  \* | Aura Energy Ltd. | 182923 | 14609 |
|  #\* | Aurelia Metals Ltd. | 8505115 | 1600968 |
|  \* | Ausgold Ltd. | 47506 | 15730 |
|  | Aussie Broadband Ltd. | 1467342 | 3854888 |
|  \* | Austal Ltd. | 2396743 | 8120242 |
|  # | Austin Engineering Ltd. | 927055 | 258888 |
|  #\* | Australian Agricultural Co. Ltd. | 925060 | 848165 |
|  | Australian Clinical Labs Ltd. | 1251783 | 2499232 |
|  # | Australian Ethical Investment Ltd. | 494955 | 1642257 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |  |  |
|  # | Australian Finance Group Ltd. | 1204952 | $1404266 |
|  #\* | Australian Strategic Materials Ltd. | 396014 | 161555 |
|  #\* | Australian Vanadium Ltd. | 16823179 | 107739 |
|  # | Autosports Group Ltd. | 32126 | 39671 |
|  #\* | AVJennings Ltd. | 974036 | 402235 |
|  #†† | AVZ Minerals Ltd. | 263719 | 27651 |
|  # | Baby Bunting Group Ltd. | 765231 | 767133 |
|  | Bank of Queensland Ltd. | 4191047 | 20020066 |
|  #\* | Bannerman Energy Ltd. (BMN AU) | 134890 | 205660 |
|  | Bapcor Ltd. | 2034719 | 6611064 |
|  \* | BCI Minerals Ltd. | 5533358 | 975534 |
|  | Beach Energy Ltd. | 9447642 | 7111509 |
|  # | Beacon Lighting Group Ltd. | 523471 | 1108430 |
|  \* | Beacon Minerals Ltd. | 2446902 | 40897 |
|  | Bega Cheese Ltd. | 1663461 | 6017373 |
|  # | Bell Financial Group Ltd. | 732651 | 600880 |
|  \* | Bellevue Gold Ltd. | 9399017 | 5471812 |
|  \* | Berkeley Energia Ltd. | 37692 | 13538 |
|  #\* | Betmakers Technology Group Ltd. | 2082069 | 149180 |
|  # | Bisalloy Steel Group Ltd. | 12744 | 27552 |
|  \* | Black Cat Syndicate Ltd. (BC8 AU) | 378842 | 239735 |
|  #\* | Boss Energy Ltd. | 2265446 | 4632122 |
|  # | Bravura Solutions Ltd. | 1949612 | 2741073 |
|  # | Breville Group Ltd. | 572093 | 10489510 |
|  | Brickworks Ltd. | 500976 | 8069901 |
|  #\* | Bubs Australia Ltd. | 765408 | 58957 |
|  \* | Calidus Resources Ltd. | 635134 | 0 |
|  | Capral Ltd. | 78536 | 510198 |
|  \* | Capricorn Metals Ltd. | 2384336 | 14106833 |
|  #\* | Carnarvon Energy Ltd. | 9337828 | 658636 |
|  # | Cash Converters International Ltd. | 2338558 | 357058 |
|  #\* | Catalyst Metals Ltd. | 121865 | 442683 |
|  #\* | Catapult Group International Ltd. | 283003 | 741135 |

---

897

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##### [**Table of Contents**](#toc)
**THE ASIA PACIFIC SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |  |  |
|  | Cedar Woods Properties Ltd. | 355993 | $1276550 |
|  \* | Centaurus Metals Ltd. | 22705 | 5386 |
|  \* | Centrebet International Ltd. | 81336 | 0 |
|  #\* | Cettire Ltd. | 1410867 | 405666 |
|  #\* | Chalice Mining Ltd. | 1261418 | 888251 |
|  | Challenger Ltd. | 2759308 | 12502877 |
|  | Champion Iron Ltd. | 2328519 | 6806886 |
|  #\* | Chrysos Corp. Ltd. | 234895 | 578255 |
|  | Civmec Australia Ltd. | 194000 | 109262 |
|  # | ClearView Wealth Ltd. | 297220 | 88430 |
|  # | Clinuvel Pharmaceuticals Ltd. | 258477 | 1882631 |
|  # | Clover Corp. Ltd. | 788775 | 222527 |
|  \* | Coast Entertainment Holdings Ltd. | 2146472 | 556518 |
|  # | Cobram Estate Olives Ltd. | 13612 | 16009 |
|  | Codan Ltd. | 695720 | 7007522 |
|  # | COG Financial Services Ltd. | 12471 | 11376 |
|  #\* | Cogstate Ltd. | 285806 | 243993 |
|  # | Collins Foods Ltd. | 675617 | 3556846 |
|  \* | Comet Ridge Ltd. | 3573657 | 309245 |
|  #\* | Core Lithium Ltd. | 2708158 | 121112 |
|  # | Corporate Travel Management Ltd. | 747242 | 6102058 |
|  # | Credit Corp. Group Ltd. | 400424 | 3464854 |
|  # | Dalrymple Bay Infrastructure Ltd. | 1139147 | 3003642 |
|  | Data#3 Ltd. | 840820 | 3915783 |
|  #\* | Deep Yellow Ltd. | 5497794 | 3998640 |
|  | Deterra Royalties Ltd. | 1591301 | 3710187 |
|  #\* | Develop Global Ltd. | 995288 | 2064892 |
|  | Dicker Data Ltd. | 492083 | 2658778 |
|  | Domain Holdings Australia Ltd. | 1510809 | 4154071 |
|  # | Domino's Pizza Enterprises Ltd. | 364878 | 5896887 |
|  | Downer EDI Ltd. | 3858487 | 14089924 |
|  \* | Dreadnought Resources Ltd. | 5603062 | 53836 |
|  #\* | DUG Technology Ltd. | 75695 | 50138 |
|  # | Duratec Ltd. | 370872 | 406920 |
|  | Dyno Nobel Ltd. | 2511363 | 3645498 |
|  # | Eagers Automotive Ltd. | 873166 | 10305200 |
|  \* | Ecograf Ltd. | 565169 | 98096 |
|  \*†† | Elanor Investor Group | 55544 | 22059 |
|  | Elders Ltd. | 1243721 | 5037754 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |  |  |
|  #\* | Electro Optic Systems Holdings Ltd. | 89975 | $70727 |
|  \* | Emeco Holdings Ltd. | 1760688 | 858784 |
|  \* | Emerald Resources NL | 3244902 | 8332073 |
|  #\* | EML Payments Ltd. | 1765482 | 1104978 |
|  #\* | Encounter Resources Ltd. | 58509 | 7330 |
|  # | Enero Group Ltd. | 434520 | 200320 |
|  #\* | EnviroSuite Ltd. | 1131191 | 52179 |
|  | EQT Holdings Ltd. | 139031 | 2889312 |
|  | Eureka Group Holdings Ltd. (EGH AU) | 93261 | 29804 |
|  \* | European Lithium Ltd. | 2152201 | 73935 |
|  | Euroz Hartleys Group Ltd. | 329402 | 180136 |
|  | EVT Ltd. | 483998 | 4357116 |
|  \* | Experience Co. Ltd. | 102579 | 6329 |
|  #\* | Fenix Resources Ltd. | 2407578 | 437939 |
|  # | Finbar Group Ltd. | 378713 | 185952 |
|  #\* | Findi Ltd. | 37959 | 112158 |
|  #†† | Firefinch Ltd. | 1569275 | 37695 |
|  \* | FleetPartners Group Ltd. | 1402911 | 2503287 |
|  # | Fleetwood Ltd. | 380445 | 708307 |
|  # | Flight Centre Travel Group Ltd. | 1130666 | 9277358 |
|  #\* | Frontier Digital Ventures Ltd. | 1085135 | 208516 |
|  | G8 Education Ltd. | 4419606 | 3553474 |
|  #\* | Galan Lithium Ltd. | 1940489 | 124165 |
|  # | Generation Development Group Ltd. | 144173 | 381298 |
|  \* | Genesis Minerals Ltd. | 3801054 | 9386485 |
|  \* | Genetic Signatures Ltd. | 243623 | 63029 |
|  | GenusPlus Group Ltd. | 56294 | 100314 |
|  | Gold Road Resources Ltd. | 6724110 | 13045719 |
|  # | GR Engineering Services Ltd. | 404143 | 727362 |
|  | GrainCorp Ltd., Class A | 1384143 | 5893052 |
|  # | Grange Resources Ltd. | 3455579 | 442887 |
|  | GWA Group Ltd. | 1200408 | 1824726 |
|  | Hansen Technologies Ltd. | 1031185 | 3578271 |
|  | Harvey Norman Holdings Ltd. | 406858 | 1360269 |
|  \* | Healius Ltd. | 4269945 | 3975439 |

---

898

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##### [**Table of Contents**](#toc)
**THE ASIA PACIFIC SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |  |  |
|  | Helia Group Ltd. | 1865902 | $5783188 |
|  # | Helloworld Travel Ltd. | 51370 | 46815 |
|  \* | Highfield Resources Ltd. | 535052 | 45328 |
|  # | Horizon Oil Ltd. | 3251557 | 385117 |
|  #\* | Hot Chili Ltd. | 169686 | 50039 |
|  | HUB24 Ltd. | 215742 | 9967033 |
|  # | Humm Group Ltd. | 1982343 | 648095 |
|  # | IDP Education Ltd. | 1459691 | 8278422 |
|  # | IGO Ltd. | 2270860 | 5689856 |
|  | Iluka Resources Ltd. | 2578018 | 6830198 |
|  # | Imdex Ltd. | 3096211 | 5857395 |
|  #\* | Immutep Ltd. (IMM AU) | 6441094 | 1111560 |
|  #\* | Immutep Ltd. (IMMP US), Sponsored ADR | 7245 | 12389 |
|  #\* | Imugene Ltd. | 4503837 | 69703 |
|  # | Infomedia Ltd. | 1885268 | 1496343 |
|  | Inghams Group Ltd. | 2309486 | 5070158 |
|  \* | Insignia Financial Ltd. | 3198090 | 7706269 |
|  | Integral Diagnostics Ltd. | 1974347 | 3053228 |
|  #\* | Invictus Energy Ltd. | 525574 | 17883 |
|  #\* | ioneer Ltd. | 9028402 | 836335 |
|  # | IPD Group Ltd. | 171621 | 439641 |
|  | IPH Ltd. | 1534391 | 4481731 |
|  | IRESS Ltd. | 915459 | 4661863 |
|  | IVE Group Ltd. | 583542 | 984298 |
|  # | Johns Lyng Group Ltd. | 1255902 | 1786100 |
|  \* | Judo Capital Holdings Ltd. | 3637383 | 4147036 |
|  | Jumbo Interactive Ltd. | 208843 | 1365111 |
|  # | Jupiter Mines Ltd. | 7892603 | 756713 |
|  # | Karoon Energy Ltd. | 4207588 | 3873287 |
|  \* | Kelly Partners Group Holdings Ltd. | 5476 | 41009 |
|  # | Kelsian Group Ltd. | 1016736 | 1766402 |
|  # | Kogan.com Ltd. | 507059 | 1460985 |
|  #\* | Lark Distilling Co. Ltd. | 53414 | 30856 |
|  | Lendlease Corp. Ltd. | 3911887 | 13181166 |
|  #†† | Leo Lithium Ltd. | 726998 | 0 |
|  \* | Lepidico Ltd. | 2895993 | 2783 |
|  | Liberty Financial Group Ltd. | 4470 | 9456 |
|  # | Lifestyle Communities Ltd. | 583366 | 2664726 |
|  # | Lindsay Australia Ltd. | 827677 | 376601 |
|  # | Lovisa Holdings Ltd. | 404882 | 6463748 |
|  # | Lycopodium Ltd. | 129244 | 896888 |
|  | MA Financial Group Ltd. | 627361 | 2663940 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  # | Maas Group Holdings Ltd. | 303690 | $769024 |
|  | Macmahon Holdings Ltd. | 7109286 | 1232410 |
|  \* | Macquarie Technology Group Ltd. | 78620 | 2991520 |
|  # | Mader Group Ltd. | 101553 | 414354 |
|  | Magellan Financial Group Ltd. | 1046657 | 5131288 |
|  \*†† | Mallee Resources Ltd. | 49485 | 0 |
|  | Maxiparts Ltd. | 105244 | 140603 |
|  \* | Mayne Pharma Group Ltd. | 364334 | 1637945 |
|  # | McMillan Shakespeare Ltd. | 308790 | 3025363 |
|  \* | McPherson's Ltd. | 472151 | 79924 |
|  #\* | Megaport Ltd. | 879583 | 6470723 |
|  #\* | Melbana Energy Ltd. | 1489820 | 23860 |
|  #\* | Mesoblast Ltd. (MSB AU) | 4400787 | 5066189 |
|  \* | Metals X Ltd. | 4489090 | 1623187 |
|  | Metcash Ltd. | 6428419 | 13241067 |
|  #\* | Metro Mining Ltd. | 3007921 | 100236 |
|  \* | Michael Hill International Ltd. (MHJ AU) | 32450 | 8306 |
|  #\* | Michael Hill International Ltd. (MHJ NZ) | 1088653 | 279405 |
|  | Monadelphous Group Ltd. | 553003 | 5718462 |
|  # | Monash IVF Group Ltd. | 2198296 | 1183551 |
|  \* | Morning Star Gold NL | 332749 | 0 |
|  \* | Mount Gibson Iron Ltd. | 3741976 | 743530 |
|  # | Myer Holdings Ltd. | 7063574 | 3258639 |
|  # | MyState Ltd. | 959006 | 2395490 |
|  \* | Nanosonics Ltd. | 1021724 | 3137297 |
|  | Navigator Global Investments Ltd. | 2053212 | 2301431 |
|  # | New Hope Corp. Ltd. | 3054385 | 7165134 |
|  #\* | New World Resources Ltd. | 2751437 | 44024 |
|  | nib holdings Ltd. | 2769896 | 12084074 |
|  # | Nick Scali Ltd. | 468273 | 5332595 |
|  | Nickel Industries Ltd. | 10505755 | 3793849 |
|  | Nine Entertainment Co. Holdings Ltd. | 4610512 | 4225350 |
|  | Northern Star Resources Ltd. | 903953 | 11103865 |
|  #\* | Novonix Ltd. | 1262987 | 344635 |
|  | NRW Holdings Ltd. | 2836956 | 4917239 |

---

899

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##### [**Table of Contents**](#toc)
**THE ASIA PACIFIC SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |  |  |
|  | Nufarm Ltd. | 2063624 | $5094819 |
|  \* | Nuix Ltd. | 1277676 | 1992623 |
|  | Objective Corp. Ltd. | 126409 | 1267153 |
|  #\* | OFX Group Ltd. | 1337435 | 969669 |
|  \* | OM Holdings Ltd. | 676887 | 140374 |
|  #\* | Omni Bridgeway Ltd. | 1632564 | 1526462 |
|  # | oOh!media Ltd. | 2852019 | 2794195 |
|  \* | Ora Banda Mining Ltd. | 676972 | 432572 |
|  | Orora Ltd. | 7230210 | 8377080 |
|  | Pacific Current Group Ltd. | 333540 | 2370639 |
|  #\* | Paladin Energy Ltd. | 2012349 | 7550760 |
|  \* | Pantoro Gold Ltd. | 995405 | 1855430 |
|  #\* | Paragon Care Ltd. | 1752460 | 471364 |
|  | Peet Ltd. | 1392145 | 1267537 |
|  #\* | Peninsula Energy Ltd. | 436382 | 173305 |
|  #\* | PeopleIN Ltd. | 196355 | 96026 |
|  # | Pepper Money Ltd. | 438967 | 412561 |
|  | Perenti Ltd. | 4932735 | 4313987 |
|  # | Perpetual Ltd. | 514640 | 5467181 |
|  | Perseus Mining Ltd. | 8015529 | 17178960 |
|  # | Peter Warren Automotive Holdings Ltd. | 406016 | 372485 |
|  #\* | PEXA Group Ltd. | 806634 | 6215108 |
|  #\* | Pilbara Minerals Ltd. | 2582371 | 2487953 |
|  # | Platinum Asset Management Ltd. | 2430463 | 885169 |
|  \* | PPK Mining Equipment Group Pty. Ltd. | 22761 | 0 |
|  # | Praemium Ltd. | 2661594 | 1266472 |
|  \* | Predictive Discovery Ltd. | 464180 | 108728 |
|  # | Premier Investments Ltd. | 500249 | 6663434 |
|  # | Propel Funeral Partners Ltd. | 267951 | 886802 |
|  #\*†† | Province Resources Ltd. | 889179 | 4557 |
|  # | PWR Holdings Ltd. | 522287 | 2289403 |
|  \* | Qoria Ltd. | 178701 | 45048 |
|  # | Ramelius Resources Ltd. | 7703903 | 12964169 |
|  #\* | ReadyTech Holdings Ltd. | 271579 | 366161 |
|  # | Regal Partners Ltd. | 40660 | 48904 |
|  | Regis Healthcare Ltd. | 908858 | 3975308 |
|  \* | Regis Resources Ltd. | 4485238 | 12967217 |
|  | Reject Shop Ltd. | 161120 | 672568 |
|  | Reliance Worldwide Corp. Ltd. | 4486285 | 12060374 |
|  # | Resimac Group Ltd. | 124613 | 67934 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |  |  |
|  \* | Resolute Mining Ltd. | 12851604 | $4195249 |
|  #\* | Retail Food Group Ltd. | 284579 | 318914 |
|  | Ricegrowers Ltd. | 6322 | 44539 |
|  # | Ridley Corp. Ltd. | 1455621 | 2200345 |
|  \* | RPMGlobal Holdings Ltd. | 1121436 | 1978369 |
|  \* | Sandfire Resources Ltd. | 2445956 | 15578021 |
|  \* | Select Harvests Ltd. | 848512 | 2781525 |
|  # | Servcorp Ltd. | 287787 | 930402 |
|  | Service Stream Ltd. | 3709486 | 4442780 |
|  #\* | Seven West Media Ltd. | 5136982 | 459741 |
|  | Shaver Shop Group Ltd. | 555458 | 452721 |
|  \* | Sheffield Resources Ltd. | 249376 | 27131 |
|  | Shriro Holdings Ltd. | 19558 | 8591 |
|  #\* | Silver Mines Ltd. | 5010026 | 353577 |
|  | Sims Ltd. (SGM AU) | 1029350 | 9607948 |
|  \* | SiteMinder Ltd. | 73343 | 193518 |
|  \* | Smart Parking Ltd. | 33085 | 18272 |
|  | SmartGroup Corp. Ltd. | 803526 | 4029544 |
|  # | Solvar Ltd. | 945012 | 980415 |
|  | Southern Cross Electrical Engineering Ltd. | 1446876 | 1735216 |
|  #\* | Southern Cross Media Group Ltd. | 978868 | 418037 |
|  \*†† | SpeedCast International Ltd. | 1497915 | 0 |
|  # | SRG Global Ltd. | 3337113 | 2762044 |
|  #\* | St Barbara Ltd. | 6055611 | 1123840 |
|  | Stanmore Resources Ltd. | 1785152 | 2217351 |
|  #\* | Star Entertainment Group Ltd. | 5930514 | 394117 |
|  # | Step One Clothing Ltd. | 111265 | 67519 |
|  \*†† | Strandline Resources Ltd. | 2534832 | 29226 |
|  \* | Strickland Metals Ltd. | 231568 | 13486 |
|  #\* | Strike Energy Ltd. | 2519879 | 274717 |
|  | Super Retail Group Ltd. | 953872 | 8180716 |
|  \* | Superloop Ltd. | 3013346 | 4819119 |
|  | Supply Network Ltd. | 10329 | 251977 |
|  #\* | Syrah Resources Ltd. | 4158972 | 665520 |
|  | Tabcorp Holdings Ltd. | 13063688 | 4656169 |
|  \* | Temple & Webster Group Ltd. | 220549 | 2516784 |
|  | Ten Sixty Four Ltd. | 1044721 | 73612 |

---

900

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##### [**Table of Contents**](#toc)
**THE ASIA PACIFIC SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |  |  |  |
|  # | Terracom Ltd. | 2757084 | $| 109689 |
|  | Tribune Resources Ltd. | 14725 |  | 48427 |
|  \* | Tuas Ltd. | 930261 |  | 3359450 |
|  #\* | Tyro Payments Ltd. | 2636890 |  | 1364725 |
|  # | Universal Store Holdings Ltd. | 19109 |  | 94193 |
|  \* | Vault Minerals Ltd. | 4707272 |  | 1295297 |
|  | Ventia Services Group Pty. Ltd. | 4810257 |  | 13023702 |
|  #W | Viva Energy Group Ltd. | 6770622 |  | 7444467 |
|  #\* | Viva Leisure Ltd. | 84215 |  | 68783 |
|  \* | Vulcan Energy Resources Ltd. | 88200 |  | 274986 |
|  \* | Vysarn Ltd. | 153555 |  | 40780 |
|  | Wagners Holding Co. Ltd. | 137096 |  | 162985 |
|  \*†† | Walkabout Resources Ltd. | 1129282 |  | 51359 |
|  #\* | WEB Travel Group Ltd. | 2317715 |  | 6373380 |
|  #\* | Webjet Group Ltd. | 2089682 |  | 855973 |
|  \* | West African Resources Ltd. | 6987249 |  | 10693361 |
|  | Westgold Resources Ltd. | 5090123 |  | 9669841 |
|  | Whitehaven Coal Ltd. | 3807813 |  | 12180188 |
|  | XRF Scientific Ltd. | 265330 |  | 260126 |
|  #\* | Zip Co. Ltd. | 8541251 |  | 9568472 |
|  TOTAL AUSTRALIA | TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 879072515 |
|  CHINA — (0.0%) | CHINA — (0.0%) | CHINA — (0.0%) | CHINA — (0.0%) | CHINA — (0.0%) |
|  \* | Neo-Neon Holdings Ltd. | 1961500 |  | 96072 |
|  HONG KONG — (17.2%) | HONG KONG — (17.2%) | HONG KONG — (17.2%) | HONG KONG — (17.2%) | HONG KONG — (17.2%) |
|  \* | Aceso Life Science Group Ltd. | 1034400 |  | 3295 |
|  | Aeon Credit Service Asia Co. Ltd. | 582248 |  | 466110 |
|  \* | Allied Group Ltd. | 2614000 |  | 509187 |
|  | Analogue Holdings Ltd. | 842000 |  | 81296 |
|  \* | AOM International Group Co. Ltd. | 360000 |  | 18616 |
|  | APAC Resources Ltd. | 2477284 |  | 352748 |
|  #\* | Apollo Future Mobility Group Ltd. | 583599 |  | 76974 |
|  | Asia Financial Holdings Ltd. | 1626908 |  | 837095 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  \* | Asia Standard International Group Ltd. | 10846917 | $445542 |
|  | ASMPT Ltd. | 1393900 | 9377430 |
|  | Associated International Hotels Ltd. | 598000 | 390454 |
|  | Bank of East Asia Ltd. | 4293788 | 5903703 |
|  | Best Mart 360 Holdings Ltd. | 994000 | 220115 |
|  | Bright Smart Securities & Commodities Group Ltd. | 4090000 | 3615651 |
|  | Build King Holdings Ltd. | 630000 | 91574 |
|  | Cafe de Coral Holdings Ltd. | 1742000 | 1600887 |
|  \* | Central Wealth Group Holdings Ltd. | 5600000 | 22489 |
|  \* | Century City International Holdings Ltd. | 1035460 | 6137 |
|  | Chen Hsong Holdings | 1296000 | 228857 |
|  | Cheuk Nang Holdings Ltd. | 771714 | 144876 |
|  | Chevalier International Holdings Ltd. | 516989 | 261392 |
|  \* | Chi Kan Holdings Ltd. | 84000 | 28115 |
|  \* | China Energy Development Holdings Ltd. | 47476000 | 263470 |
|  | China Motor Bus Co. Ltd. | 72200 | 525668 |
|  \* | China Star Entertainment Ltd. | 8110000 | 1644244 |
|  \* | Chinese Estates Holdings Ltd. | 2286500 | 379411 |
|  | Chinney Investments Ltd. | 44000 | 3548 |
|  | Chow Sang Sang Holdings International Ltd. | 1727000 | 1692497 |
|  \* | Chuang's China Investments Ltd. | 1471407 | 23513 |
|  \* | Chuang's Consortium International Ltd. | 7519043 | 338002 |
|  | CITIC Telecom International Holdings Ltd. | 8359125 | 2542910 |

---

901

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##### [**Table of Contents**](#toc)
**THE ASIA PACIFIC SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  \* | CK Life Sciences International Holdings, Inc. | 13392000 | $1557187 |
|  #\* | C-Mer Medical Holdings Ltd. | 2634000 | 573393 |
|  | CN Logistics International Holdings Ltd. | 33000 | 14395 |
|  \* | CNT Group Ltd. | 7979264 | 242338 |
|  #†† | Convoy, Inc. | 32922000 | 132866 |
|  \* | Cowell e Holdings, Inc. | 1084000 | 3115194 |
|  W | Crystal International Group Ltd. | 2123000 | 1237719 |
|  \* | CSC Holdings Ltd. | 77831250 | 190333 |
|  \* | CSI Properties Ltd. | 62042934 | 1339384 |
|  | CTF Services Ltd. | 4732000 | 4481274 |
|  \*†† | CW Group Holdings Ltd. | 1361500 | 0 |
|  | Dah Sing Banking Group Ltd. | 2210716 | 2382232 |
|  | Dah Sing Financial Holdings Ltd. | 959344 | 3502762 |
|  | Dickson Concepts International Ltd. | 810000 | 716246 |
|  | DL Holdings Group Ltd. | 123000 | 55632 |
|  | Dream International Ltd. | 214000 | 160509 |
|  | Eagle Nice International Holdings Ltd. | 844000 | 377559 |
|  | EC Healthcare | 2072097 | 170534 |
|  †† | EcoGreen International Group Ltd. | 1994640 | 91636 |
|  | Emperor International Holdings Ltd. | 8564753 | 220936 |
|  | Emperor Watch & Jewellery Ltd. | 12530000 | 349696 |
|  \* | ENM Holdings Ltd. | 12820000 | 412367 |
|  \* | Esprit Holdings Ltd. | 10240325 | 129397 |
|  W | ESR Group Ltd. | 1039600 | 1655503 |
|  | EuroEyes International Eye Clinic Ltd. | 331000 | 119423 |
|  | Fairwood Holdings Ltd. | 336458 | 223034 |
|  | Far East Consortium International Ltd. | 6604629 | 757702 |
|  | First Pacific Co. Ltd. | 10896000 | 7331564 |
|  #\*W | FIT Hon Teng Ltd. | 7874000 | 1976764 |
|  | Four Seas Mercantile Holdings Ltd. | 610000 | 208455 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  \*W | Frontage Holdings Corp. | 1364000 | $203944 |
|  | FSE Lifestyle Services Ltd. | 479000 | 341013 |
|  \* | Gain Plus Holdings Ltd. | 44000 | 66285 |
|  | Get Nice Holdings Ltd. | 9754400 | 169165 |
|  | Giordano International Ltd. | 5168000 | 994953 |
|  | Glorious Sun Enterprises Ltd. | 2100000 | 346408 |
|  #\*†† | Gold Financial Holdings Ltd. | 9580000 | 0 |
|  | Gold Peak Technology Group Ltd. | 3029642 | 202868 |
|  | Golden Resources Development International Ltd. | 4216500 | 187538 |
|  \* | GR Life Style Co. Ltd. | 2224000 | 186940 |
|  | Great Eagle Holdings Ltd. | 1014472 | 1695865 |
|  \*†† | Greentech Technology International Ltd. | 2594000 | 35119 |
|  | G-Resources Group Ltd. | 1150810 | 938364 |
|  | Guoco Group Ltd. | 15000 | 121965 |
|  # | Guotai Junan International Holdings Ltd. | 13996797 | 1802554 |
|  | Hang Lung Group Ltd. | 3765000 | 5404553 |
|  | Hang Lung Properties Ltd. | 8082370 | 6628685 |
|  \* | Hanison Construction Holdings Ltd. | 2713649 | 88346 |
|  | Harbour Centre Development Ltd. | 820500 | 407322 |
|  | HKBN Ltd. | 2699000 | 1764319 |
|  \* | HKR International Ltd. | 2819369 | 314342 |
|  | Hon Kwok Land Investment Co. Ltd. | 388800 | 55031 |
|  | Hong Kong Ferry Holdings Co. Ltd. | 1069300 | 577523 |
|  #\* | Hong Kong Technology Venture Co. Ltd. | 1789784 | 478810 |
|  | Hongkong & Shanghai Hotels Ltd. | 2116489 | 1473217 |
|  | Hongkong Chinese Ltd. | 4225774 | 124153 |
|  W | Honma Golf Ltd. | 1004000 | 447309 |

---

902

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##### [**Table of Contents**](#toc)
**THE ASIA PACIFIC SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Hung Hing Printing Group Ltd. | 2940000 | $377677 |
|  | Hutchison Telecommunications Hong Kong Holdings Ltd. | 7064000 | 920576 |
|  | Hysan Development Co. Ltd. | 2957000 | 4820191 |
|  | IGG, Inc. | 3288000 | 1584060 |
|  W | Impro Precision Industries Ltd. | 635000 | 188215 |
|  | International Housewares Retail Co. Ltd. | 1856000 | 227026 |
|  \* | IPE Group Ltd. | 3145000 | 162197 |
|  | Jacobson Pharma Corp. Ltd. | 2610000 | 410143 |
|  | Johnson Electric Holdings Ltd. | 1754168 | 3195739 |
|  | K Wah International Holdings Ltd. | 3034000 | 679769 |
|  \* | Kader Holdings Co. Ltd. | 14000 | 465 |
|  | Karrie International Holdings Ltd. | 2702000 | 251669 |
|  | Keck Seng Investments Hong Kong Ltd. | 856600 | 241298 |
|  | Kerry Properties Ltd. | 2773000 | 6512200 |
|  | KLN Logistics Group Ltd. | 1763000 | 1422010 |
|  | Kowloon Development Co. Ltd. | 1783301 | 690894 |
|  \* | KuangChi Science Ltd. | 264000 | 38537 |
|  \* | Lai Sun Development Co. Ltd. | 2556894 | 184171 |
|  \* | Lai Sun Garment International Ltd. | 618442 | 45839 |
|  | Lam Soon Hong Kong Ltd. | 302310 | 393739 |
|  \* | Langham Hospitality Investments & Langham Hospitality Investments Ltd. | 4688750 | 278030 |
|  \* | Lippo Ltd. | 324700 | 16550 |
|  | Liu Chong Hing Investment Ltd. | 782200 | 406272 |
|  | Luk Fook Holdings International Ltd. | 1724000 | 3761961 |
|  | Man Wah Holdings Ltd. | 7290800 | 3874618 |
|  | Matrix Holdings Ltd. | 781414 | 55055 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  \* | MECOM Power & Construction Ltd. | 2937999 | $45293 |
|  | Melbourne Enterprises Ltd. | 39500 | 294737 |
|  #\* | Melco International Development Ltd. | 1875000 | 776814 |
|  | MGM China Holdings Ltd. | 135200 | 175208 |
|  \*†† | MH Development NPV | 1125499 | 0 |
|  \* | Midland Holdings Ltd. | 2175987 | 277307 |
|  | Miramar Hotel & Investment | 1111000 | 1299822 |
|  | Modern Dental Group Ltd. | 1573000 | 844817 |
|  #\* | Mongolian Mining Corp. | 2757000 | 2277720 |
|  \* | NagaCorp Ltd. | 5409359 | 2297681 |
|  | Nameson Holdings Ltd. | 2948000 | 288427 |
|  | Nanyang Holdings Ltd. | 87000 | 276154 |
|  | National Electronics Holdings | 2522600 | 124412 |
|  \* | National United Resources Holdings Ltd. | 1828000 | 15783 |
|  #\* | New World Development Co. Ltd. | 5992000 | 3669389 |
|  \*†† | NewOcean Energy Holdings Ltd. | 7246000 | 0 |
|  # | Nissin Foods Co. Ltd. | 972000 | 836244 |
|  | Oriental Watch Holdings | 1848536 | 835085 |
|  \* | Oshidori International Holdings Ltd. | 18287400 | 1110967 |
|  | Pacific Basin Shipping Ltd. | 24864000 | 5575039 |
|  # | Pacific Textiles Holdings Ltd. | 4171000 | 662047 |
|  \* | Paliburg Holdings Ltd. | 3148830 | 164595 |
|  | Paradise Entertainment Ltd. | 376000 | 79812 |
|  | PAX Global Technology Ltd. | 1203000 | 724438 |
|  | PC Partner Group Ltd. | 1224000 | 1150870 |
|  | PCCW Ltd. | 10660545 | 7106899 |
|  #\*†† | Peace Mark Holdings Ltd. | 2479870 | 0 |
|  # | Perfect Medical Health Management Ltd. | 1667000 | 464692 |

---

903

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##### [**Table of Contents**](#toc)
**THE ASIA PACIFIC SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Pico Far East Holdings Ltd. | 3768000 | $928203 |
|  | Playmates Holdings Ltd. | 7082000 | 455778 |
|  | Plover Bay Technologies Ltd. | 1660000 | 1135677 |
|  \* | Public Financial Holdings Ltd. | 1488000 | 249526 |
|  \*†† | Pyxis Group Ltd. | 1936000 | 0 |
|  \* | Realord Group Holdings Ltd. | 28000 | 25561 |
|  \* | Regal Hotels International Holdings Ltd. | 2231800 | 182963 |
|  #W | Regina Miracle International Holdings Ltd. | 1440000 | 316150 |
|  | Sa Sa International Holdings Ltd. | 978000 | 73949 |
|  | Safety Godown Co. Ltd. | 1200000 | 285731 |
|  | SAS Dragon Holdings Ltd. | 854368 | 446315 |
|  # | SEA Holdings Ltd. | 1657523 | 293362 |
|  \* | Shandong Hi-Speed Holdings Group Ltd. | 43000 | 35166 |
|  | Shangri-La Asia Ltd. | 5098000 | 2855625 |
|  \* | Shenwan Hongyuan HK Ltd. | 535000 | 78876 |
|  \* | Shun Ho Property Investments Ltd. | 1030757 | 75148 |
|  \* | Shun Tak Holdings Ltd. | 5745419 | 414349 |
|  | Singamas Container Holdings Ltd. | 7628000 | 597921 |
|  #\* | SJM Holdings Ltd. | 10965750 | 3059160 |
|  | SmarTone Telecommunications Holdings Ltd. | 1552981 | 850492 |
|  \* | Solomon Systech International Ltd. | 7936000 | 397797 |
|  | Soundwill Holdings Ltd. | 392786 | 412987 |
|  \* | South China Holdings Co. Ltd. | 17774503 | 69241 |
|  | Stella International Holdings Ltd. | 2659000 | 4760331 |
|  # | Sun Hung Kai & Co. Ltd. | 2838327 | 1098557 |
|  | SUNeVision Holdings Ltd. | 3034000 | 2536762 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | TAI Cheung Holdings Ltd. | 1557000 | $592669 |
|  | Tai Sang Land Development Ltd. | 696910 | 153441 |
|  | Tan Chong International Ltd. | 1176000 | 150144 |
|  | Tao Heung Holdings Ltd. | 658000 | 26868 |
|  \* | Taung Gold International Ltd. | 14770000 | 135241 |
|  #\* | Television Broadcasts Ltd. | 1692100 | 674487 |
|  | Texhong International Group Ltd. | 662500 | 288459 |
|  | Texwinca Holdings Ltd. | 3422000 | 252604 |
|  # | Theme International Holdings Ltd. | 13830000 | 695222 |
|  | Tian Teck Land Ltd. | 1024000 | 261307 |
|  \* | Tongda Group Holdings Ltd. | 640000 | 6189 |
|  | Town Health International Medical Group Ltd. | 8022115 | 257093 |
|  | Tradelink Electronic Commerce Ltd. | 2774000 | 340240 |
|  | Transport International Holdings Ltd. | 989531 | 1149392 |
|  | Tycoon Group Holdings Ltd. | 340000 | 21926 |
|  | United Laboratories International Holdings Ltd. | 4518000 | 8096550 |
|  \* | Unity Group Holdings International Ltd. | 634000 | 31706 |
|  \* | Universal Technologies Holdings Ltd. | 1730000 | 27914 |
|  \*†† | Untrade.Genting | 5824000 | 0 |
|  #\* | Value Partners Group Ltd. | 6561000 | 1149008 |
|  | Vedan International Holdings Ltd. | 3576000 | 290814 |
|  # | Vesync Co. Ltd. | 115000 | 82592 |
|  | Vitasoy International Holdings Ltd. | 3325000 | 4283979 |
|  | Viva Goods Co. Ltd. | 1160000 | 53719 |
|  #\* | Vobile Group Ltd. | 1855000 | 779231 |
|  \*W | VPower Group International Holdings Ltd. | 1521397 | 59552 |
|  | VSTECS Holdings Ltd. | 3599600 | 2771505 |

---

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##### [**Table of Contents**](#toc)
**THE ASIA PACIFIC SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | VTech Holdings Ltd. | 728700 | $4895525 |
|  \* | Wai Kee Holdings Ltd. | 2202738 | 165425 |
|  \* | Wang On Group Ltd. | 34080000 | 96537 |
|  \* | Wealthink AI-Innovation Capital Ltd. | 7296000 | 71962 |
|  | Wing On Co. International Ltd. | 490000 | 723945 |
|  | Wing Tai Properties Ltd. | 1555331 | 291718 |
|  | Wynn Macau Ltd. | 6260000 | 4167395 |
|  # | Xinyi Glass Holdings Ltd. | 7579812 | 7096841 |
|  \* | YT Realty Group Ltd. | 930124 | 17309 |
|  | Yue Yuen Industrial Holdings Ltd. | 3888500 | 5582710 |
|  \* | Yunfeng Financial Group Ltd. | 612000 | 106495 |
|  \* | Zensun Enterprises Ltd. | 190000 | 2127 |
|  #\* | Zhaobangji Lifestyle Holdings Ltd. | 1320000 | 23517 |
|  TOTAL HONG KONG | TOTAL HONG KONG |  | 220500569 |
|  LUXEMBOURG — (0.7%) | LUXEMBOURG — (0.7%) |  |  |
|  W | Samsonite Group SA | 4944000 | 8858354 |
|  NEW ZEALAND — (2.8%) | NEW ZEALAND — (2.8%) |  |  |
|  # | AFT Pharmaceuticals Ltd. | 34226 | 52402 |
|  | Air New Zealand Ltd. | 5699209 | 1963938 |
|  \* | American Rare Earths Ltd. | 131869 | 23253 |
|  #\* | Aroa Biosurgery Ltd. | 310301 | 87223 |
|  # | Briscoe Group Ltd. | 34115 | 85564 |
|  # | Channel Infrastructure NZ Ltd. | 1009198 | 1139318 |
|  | Colonial Motor Co. Ltd. | 70115 | 283828 |
|  \* | Comvita Ltd. | 27427 | 8972 |
|  # | Delegat Group Ltd. | 6400 | 14824 |
|  \* | Eroad Ltd. | 39322 | 20952 |
|  \* | Fletcher Building Ltd. (FBU NZ) | 1064049 | 1937351 |
|  | Freightways Group Ltd. | 577257 | 3374679 |
|  | Genesis Energy Ltd. | 898901 | 1174623 |
|  \* | Gentrack Group Ltd. | 113227 | 788874 |
|  # | Hallenstein Glasson Holdings Ltd. | 194394 | 839652 |
|  # | Heartland Group Holdings Ltd. | 3361906 | 1539124 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) |
|  # | Investore Property Ltd. | 969399 | $588099 |
|  #\* | KMD Brands Ltd. | 1586509 | 309989 |
|  # | Manawa Energy Ltd. | 264475 | 762276 |
|  | Millennium & Copthorne Hotels New Zealand Ltd. | 354679 | 586644 |
|  | Napier Port Holdings Ltd. | 46155 | 70300 |
|  #\* | Neuren Pharmaceuticals Ltd. | 92847 | 692335 |
|  # | NZME Ltd. (NZM AU) | 513703 | 318814 |
|  | NZME Ltd. (NZM NZ) | 48098 | 30368 |
|  | NZX Ltd. | 1049560 | 959843 |
|  \* | Oceania Healthcare Ltd. | 1969522 | 761644 |
|  #\* | Pacific Edge Ltd. | 1413438 | 82558 |
|  # | PGG Wrightson Ltd. | 124704 | 142340 |
|  \* | Rakon Ltd. | 187210 | 62240 |
|  | Restaurant Brands New Zealand Ltd. | 87642 | 171850 |
|  \*†† | RPNZ Ltd. | 274180 | 0 |
|  \* | Ryman Healthcare Ltd. | 891549 | 1169399 |
|  # | Sanford Ltd. | 153419 | 417346 |
|  | Scales Corp. Ltd. | 406285 | 1003781 |
|  # | Scott Technology Ltd. | 55950 | 60646 |
|  \* | Serko Ltd. | 251167 | 538753 |
|  | Skellerup Holdings Ltd. | 670818 | 1682608 |
|  | SKY Network Television Ltd. | 420716 | 616494 |
|  # | SKYCITY Entertainment Group Ltd. | 2133978 | 1448846 |
|  | Steel & Tube Holdings Ltd. | 326363 | 139821 |
|  | Summerset Group Holdings Ltd. | 943047 | 6034784 |
|  # | Tourism Holdings Ltd. | 558453 | 455329 |
|  # | TOWER Ltd. | 745395 | 587771 |
|  # | Turners Automotive Group Ltd. | 129740 | 446822 |
|  #\* | Vista Group International Ltd. | 785847 | 1653953 |
|  # | Vulcan Steel Ltd. | 106214 | 502379 |
|  #\* | Warehouse Group Ltd. | 373457 | 181655 |
|  TOTAL NEW ZEALAND | TOTAL NEW ZEALAND |  | 35814264 |
|  SINGAPORE — (9.3%) | SINGAPORE — (9.3%) |  |  |
|  \*†† | Abterra Ltd. | 230320 | 0 |

---

905

------

##### [**Table of Contents**](#toc)
**THE ASIA PACIFIC SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
| #\* | AEM Holdings Ltd. | 1185174 | $1073370 |
| # | Aztech Global Ltd. | 1023700 | 415669 |
|  | Banyan Tree Holdings Ltd. | 933200 | 231815 |
|  | Bonvests Holdings Ltd. | 950000 | 673664 |
|  | Boustead Singapore Ltd. | 1218728 | 969659 |
|  | BRC Asia Ltd. | 62200 | 151420 |
| # | Bukit Sembawang Estates Ltd. | 608203 | 1648470 |
|  | Bund Center Investment Ltd. | 659825 | 187388 |
| # | Capitaland India Trust | 4857321 | 3623905 |
|  | Centurion Corp. Ltd. | 1203200 | 1160214 |
|  | China Aviation Oil Singapore Corp. Ltd. | 1188999 | 774025 |
|  | China Sunsine Chemical Holdings Ltd. | 1362400 | 568967 |
|  | Chuan Hup Holdings Ltd. | 1861300 | 228471 |
|  | City Developments Ltd. | 28000 | 106611 |
|  | ComfortDelGro Corp. Ltd. | 10089100 | 11836304 |
| \* | COSCO Shipping International Singapore Co. Ltd. | 5132300 | 491425 |
| #\* | Creative Technology Ltd. | 285050 | 195071 |
| # | CSE Global Ltd. | 2377741 | 762195 |
| \* | Del Monte Pacific Ltd. | 2042764 | 105022 |
| # | Delfi Ltd. | 1309800 | 723049 |
|  | DFI Retail Group Holdings Ltd. | 707800 | 1786586 |
| #\*†† | Ezion Holdings Ltd. | 9845878 | 0 |
| #\*†† | Ezra Holdings Ltd. | 6266171 | 0 |
|  | Far East Orchard Ltd. | 812495 | 633583 |
|  | First Resources Ltd. | 2539700 | 2938387 |
|  | First Sponsor Group Ltd. | 484727 | 395552 |
|  | Food Empire Holdings Ltd. | 823700 | 952321 |
|  | Fraser & Neave Ltd. | 414600 | 387502 |
|  | Frasers Property Ltd. | 13400 | 8369 |
| # | Frencken Group Ltd. | 1626600 | 1263541 |
| #\* | Fu Yu Corp. Ltd. | 3048000 | 232118 |
| \* | Gallant Venture Ltd. | 5386600 | 313438 |
|  | Geo Energy Resources Ltd. | 2486200 | 677038 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) |  |  |
|  | Golden Agri-Resources Ltd. | 26623600 | $4894005 |
|  | GP Industries Ltd. | 133209 | 48225 |
|  | Grand Venture Technology Ltd. | 34200 | 19254 |
|  | GuocoLand Ltd. | 909114 | 981439 |
|  | Haw Par Corp. Ltd. | 475500 | 4720121 |
|  | Hiap Hoe Ltd. | 498000 | 195680 |
|  | Ho Bee Land Ltd. | 635600 | 875759 |
|  | Hong Fok Corp. Ltd. | 1321494 | 743517 |
|  | Hong Leong Asia Ltd. | 880800 | 736567 |
|  | Hong Leong Finance Ltd. | 1060400 | 2091744 |
|  | Hotel Grand Central Ltd. | 659454 | 350663 |
| # | Hour Glass Ltd. | 751332 | 903306 |
| # | HRnetgroup Ltd. | 602500 | 320334 |
|  | Hutchison Port Holdings Trust | 20422200 | 3040273 |
| #\*†† | Hyflux Ltd. | 3238900 | 0 |
| # | iFAST Corp. Ltd. | 411900 | 1962012 |
|  | Indofood Agri Resources Ltd. | 851800 | 205257 |
|  | InnoTek Ltd. | 336600 | 101633 |
|  | ISDN Holdings Ltd. | 560949 | 135658 |
|  | Japfa Ltd. | 29700 | 13988 |
| #\*†† | Jurong Technologies Industrial Corp. Ltd. | 2227680 | 0 |
|  | Keppel Infrastructure Trust | 18455587 | 5657547 |
|  | Low Keng Huat Singapore Ltd. | 916200 | 210238 |
|  | Mandarin Oriental International Ltd. | 1042100 | 1878383 |
| # | Marco Polo Marine Ltd. | 9859000 | 318060 |
|  | Metro Holdings Ltd. | 1750192 | 495828 |
|  | Mewah International, Inc. | 89000 | 16549 |
|  | Micro-Mechanics Holdings Ltd. | 131000 | 164181 |
| #\*†† | Midas Holdings Ltd. | 8576553 | 0 |
| # | Nanofilm Technologies International Ltd. | 884300 | 356090 |
|  | Netlink NBN Trust | 8576700 | 6006501 |
| \* | Oceanus Group Ltd. | 4959300 | 22900 |
|  | Olam Group Ltd. | 1355400 | 1003310 |
|  | OUE Ltd. | 1097900 | 790146 |
| #\* | Oxley Holdings Ltd. | 3811841 | 197506 |
|  | Pacific Century Regional Developments Ltd. | 179000 | 57410 |
|  | Pan-United Corp. Ltd. | 1022650 | 527634 |

---

906

------

##### [**Table of Contents**](#toc)
**THE ASIA PACIFIC SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
| # | Propnex Ltd. | 688800 | $553933 |
|  | PSC Corp. Ltd. | 1339819 | 353722 |
|  | Q&M Dental Group Singapore Ltd. | 1226760 | 272515 |
| # | QAF Ltd. | 733280 | 468962 |
|  | Raffles Medical Group Ltd. | 3816132 | 2954351 |
| #\* | Rex International Holding Ltd. | 3120200 | 284741 |
|  | Riverstone Holdings Ltd. | 2428000 | 1682587 |
| # | Samudera Shipping Line Ltd. | 885400 | 563116 |
|  | SATS Ltd. | 349800 | 754348 |
|  | SBS Transit Ltd. | 328700 | 746192 |
|  | Sheng Siong Group Ltd. | 3329000 | 4485257 |
|  | SHS Holdings Ltd. | 107200 | 9502 |
|  | SIA Engineering Co. Ltd. | 1254500 | 2151844 |
|  | SIIC Environment Holdings Ltd. (SIIC SP) | 1396820 | 172643 |
|  | Sinarmas Land Ltd. | 5244800 | 1265896 |
|  | Sing Holdings Ltd. | 896600 | 233993 |
|  | Sing Investments & Finance Ltd. | 526012 | 430612 |
|  | Singapore Land Group Ltd. | 148669 | 228004 |
| # | Singapore Post Ltd. | 6759700 | 2958405 |
|  | Singapore Shipping Corp. Ltd. | 1642504 | 313958 |
| # | Stamford Land Corp. Ltd. | 2120318 | 571275 |
|  | StarHub Ltd. | 2593900 | 2325025 |
|  | Straco Corp. Ltd. | 130000 | 43020 |
|  | Straits Trading Co. Ltd. | 581674 | 637445 |
| #\*†† | Swiber Holdings Ltd. | 2895250 | 0 |
| #\* | Thomson Medical Group Ltd. | 4131300 | 132849 |
|  | Tiong Woon Corp. Holding Ltd. | 26600 | 11841 |
|  | Tuan Sing Holdings Ltd. | 2239826 | 428642 |
|  | UMS Integration Ltd. | 2741468 | 2267033 |
|  | United Overseas Insurance Ltd. | 18450 | 110879 |
|  | UOB-Kay Hian Holdings Ltd. | 1618495 | 2234236 |
|  | Valuetronics Holdings Ltd. | 1395950 | 685282 |
|  | Venture Corp. Ltd. | 1230400 | 10922279 |
|  | Vicom Ltd. | 446500 | 460924 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
| # | Wee Hur Holdings Ltd. | 2183200 | $877021 |
| # | Wing Tai Holdings Ltd. | 1312367 | 1175444 |
| # | Yeo Hiap Seng Ltd. | 228759 | 98101 |
|  TOTAL SINGAPORE | TOTAL SINGAPORE |  | 119422744 |
|  UNITED STATES — (0.0%) | UNITED STATES — (0.0%) |  |  |
|  | Alcoa Corp., CDI | 2042 | 50895 |
| W | Coronado Global Resources, Inc., CDI | 3986359 | 497177 |
|  TOTAL UNITED STATES | TOTAL UNITED STATES |  | 548072 |
|  TOTAL COMMON STOCKS | TOTAL COMMON STOCKS |  | 1264312590 |
|  RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |  |  |
|  AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) |  |  |
| \* | Black Cat Syndicate Ltd. Warrants 11/14/2025 | 4879 | 1969 |
| \* | Galan Lithium Ltd. Warrants 07/24/2025 | 130619 | 0 |
| \* | Hastings Technology Metals Ltd. Warrants 05/01/2026 | 4868 | 179 |
| \* | Imugene Ltd. Warrants 08/31/2026 | 214096 | 686 |
| \* | Silver Mines Ltd. Rights 06/17/26 | 210409 | 0 |
| \*†† | Wiluna Mining Corp. Ltd. | 248265 | 6043 |
|  TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 8877 |
|  HONG KONG — (0.0%) | HONG KONG — (0.0%) |  |  |
| \* | APAC Resources Ltd. Warrants 12/15/2027 | 527457 | 9181 |

---

907

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##### [**Table of Contents**](#toc)
**THE ASIA PACIFIC SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  \* | CSI Properties Ltd. Warrants 04/07/2027 | 2215819 | $3714 |
|  TOTAL HONG KONG | TOTAL HONG KONG |  | 12895 |
|  TOTAL RIGHTS/WARRANTS | TOTAL RIGHTS/WARRANTS |  | 21772 |
|  TOTAL INVESTMENT SECURITIES<br>(Cost $1,312,250,516) | TOTAL INVESTMENT SECURITIES<br>(Cost $1,312,250,516) |  | 1264334362 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
|  SECURITIES LENDING COLLATERAL — (1.4%) | SECURITIES LENDING COLLATERAL — (1.4%) | SECURITIES LENDING COLLATERAL — (1.4%) | SECURITIES LENDING COLLATERAL — (1.4%) |
|  @§ | The DFA Short Term Investment Fund | 1498432 | $17329370 |
|  TOTAL INVESTMENTS — (100.0%) (Cost $1,329,581,454) | TOTAL INVESTMENTS — (100.0%) (Cost $1,329,581,454) |  | $1281663732 |

---

As of April 30, 2025, the value of Rule 144A securities amounted to $22,885,154 or 1.8% of net assets.

Summary of the Series' investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Assets** |  |  |  |  |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Australia | $12389 | $878887579 | $172547 | $879072515 |
| &nbsp;&nbsp;&nbsp;&nbsp; China |  | 96072 |  | 96072 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hong Kong |  | 220240948 | 259621 | 220500569 |
| &nbsp;&nbsp;&nbsp;&nbsp; Luxembourg |  | 8858354 |  | 8858354 |
| &nbsp;&nbsp;&nbsp;&nbsp; New Zealand |  | 35814264 |  | 35814264 |
| &nbsp;&nbsp;&nbsp;&nbsp; Singapore | 132849 | 119289895 |  | 119422744 |
| &nbsp;&nbsp;&nbsp;&nbsp; United States |  | 548072 |  | 548072 |
|  Rights/Warrants |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Australia |  | 2834 | 6043 | 8877 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hong Kong |  | 12895 |  | 12895 |
|  Securities Lending Collateral |  | 17329370 |  | 17329370 |
|  Total Investments in Securities | $145238 | $1281080283 | $438,211<> | $1281663732 |

---

---

| | |
|:---|:---|
| <> | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.  |

---

See accompanying Notes to Financial Statements.

908

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##### [**Table of Contents**](#toc)
**THE UNITED KINGDOM SMALL COMPANY SERIES** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COMMON STOCKS — (99.0%) | COMMON STOCKS — (99.0%) | COMMON STOCKS — (99.0%) | COMMON STOCKS — (99.0%) |
|  COMMUNICATION SERVICES — (4.0%) | COMMUNICATION SERVICES — (4.0%) | COMMUNICATION SERVICES — (4.0%) | COMMUNICATION SERVICES — (4.0%) |
|  | 4imprint Group PLC | 164812 | $7549004 |
|  W | Airtel Africa PLC | 732214 | 1675668 |
|  | Bloomsbury Publishing PLC | 484253 | 3853223 |
|  | Centaur Media PLC | 254249 | 82895 |
|  | Future PLC | 377837 | 3593268 |
|  | Gamma Communications PLC | 335788 | 5994424 |
|  \* | Helios Towers PLC | 2677089 | 3851420 |
|  | ITV PLC | 16551529 | 17839112 |
|  | M&C Saatchi PLC | 4260 | 8978 |
|  | MONY Group PLC | 2745545 | 7430743 |
|  | Next 15 Group PLC | 233903 | 811243 |
|  #\* | Nexxen International Ltd. | 87741 | 940123 |
|  | Reach PLC | 1803047 | 1827723 |
|  | Rightmove PLC | 141236 | 1394869 |
|  #\* | S4 Capital PLC | 576269 | 208889 |
|  | STV Group PLC | 4918 | 10678 |
|  | Team Internet Group PLC | 419614 | 318472 |
|  TOTAL COMMUNICATION SERVICES | TOTAL COMMUNICATION SERVICES | TOTAL COMMUNICATION SERVICES | 57390732 |
|  CONSUMER DISCRETIONARY — (22.9%) | CONSUMER DISCRETIONARY — (22.9%) | CONSUMER DISCRETIONARY — (22.9%) | CONSUMER DISCRETIONARY — (22.9%) |
|  \* | AO World PLC | 485805 | 637675 |
|  #\* | ASOS PLC | 68338 | 262451 |
|  #\*W | Aston Martin Lagonda Global Holdings PLC | 1245659 | 1122874 |
|  \* | Auction Technology Group PLC | 271626 | 2115235 |
|  | B&M European Value Retail SA | 2674313 | 12027402 |
|  | Bellway PLC | 621599 | 22316481 |
|  | Berkeley Group Holdings PLC | 209980 | 11704975 |
|  #\* | boohoo Group PLC | 2284135 | 659257 |
|  | Burberry Group PLC | 324399 | 3159249 |
|  | Card Factory PLC | 1770646 | 2244081 |
|  | Coats Group PLC | 7422788 | 7188418 |
|  | Crest Nicholson Holdings PLC | 1379801 | 3323320 |
|  \* | Currys PLC | 5510650 | 8166999 |
|  \* | DFS Furniture PLC | 1163644 | 2267018 |
|  | Domino's Pizza Group PLC | 2930614 | 10541858 |
|  | Dowlais Group PLC | 6027958 | 4676641 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Dr. Martens PLC | 1844788 | $1359669 |
|  | Dunelm Group PLC | 732209 | 10752635 |
|  | Entain PLC | 838228 | 7165937 |
|  \* | Frasers Group PLC | 826342 | 7306539 |
|  | Fuller Smith & Turner PLC, Class A | 169244 | 1270732 |
|  | Games Workshop Group PLC | 153145 | 31539044 |
|  | Greggs PLC | 585443 | 14574594 |
|  \*W | Gym Group PLC | 906470 | 1747541 |
|  | Halfords Group PLC | 1125137 | 2329007 |
|  | Headlam Group PLC | 452553 | 474735 |
|  | Henry Boot PLC | 519628 | 1510023 |
|  | Hollywood Bowl Group PLC | 781790 | 3053089 |
|  \*W | Hostelworld Group PLC | 94092 | 134742 |
|  | Inchcape PLC | 2097728 | 18796868 |
|  | J D Wetherspoon PLC | 573741 | 5017156 |
|  | JD Sports Fashion PLC | 2832617 | 2982195 |
|  | Kingfisher PLC | 1781979 | 6849029 |
|  \* | Marston's PLC | 3590335 | 1727740 |
|  | Me Group International PLC | 1618258 | 4372165 |
|  \* | Mitchells & Butlers PLC | 1495268 | 4962301 |
|  | MJ Gleeson PLC | 277624 | 1878352 |
|  | Moonpig Group PLC | 1093641 | 3347125 |
|  W | On the Beach Group PLC | 596364 | 2107554 |
|  | Persimmon PLC | 1291757 | 22355107 |
|  | Pets at Home Group PLC | 2756736 | 8730886 |
|  \* | Playtech PLC | 1406988 | 14278615 |
|  # | PPHE Hotel Group Ltd. | 34700 | 577761 |
|  | Rank Group PLC | 1060885 | 1210113 |
|  | Smiths News PLC | 230677 | 163774 |
|  | SSP Group PLC | 4478549 | 8870069 |
|  #\*†† | Studio Retail Group PLC | 220669 | 0 |
|  | Taylor Wimpey PLC | 5369038 | 8436410 |
|  \* | THG PLC | 3423877 | 1130256 |
|  | Topps Tiles PLC | 701061 | 293672 |
|  \*W | Trainline PLC | 991881 | 3885236 |
|  | Vertu Motors PLC | 1572903 | 1294784 |
|  | Victorian Plumbing Group PLC | 25510 | 33284 |

---

909

------

##### [**Table of Contents**](#toc)
**THE UNITED KINGDOM SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  \* | Videndum PLC | 324226 | $| 346957 |
|  \* | Vistry Group PLC | 1748011 |  | 14737382 |
|  \*W | Watches of Switzerland Group PLC | 1093815 |  | 5204158 |
|  | WH Smith PLC | 663698 |  | 8031481 |
|  | Wickes Group PLC | 1469747 |  | 3735885 |
|  | Young & Co.'s Brewery PLC (YNGA LN), Class A | 56287 |  | 661769 |
|  | Young & Co.'s Brewery PLC (YNGN LN) | 1621 |  | 12689 |
|  TOTAL CONSUMER DISCRETIONARY | TOTAL CONSUMER DISCRETIONARY | TOTAL CONSUMER DISCRETIONARY |  | 331662994 |
|  CONSUMER STAPLES — (5.7%) | CONSUMER STAPLES — (5.7%) | CONSUMER STAPLES — (5.7%) | CONSUMER STAPLES — (5.7%) | CONSUMER STAPLES — (5.7%) |
|  | AG Barr PLC | 738508 |  | 6833611 |
|  | Anglo-Eastern Plantations PLC | 126037 |  | 1280869 |
|  W | Bakkavor Group PLC | 796156 |  | 1829016 |
|  | C&C Group PLC | 2000518 |  | 3674584 |
|  # | Carr's Group PLC | 357844 |  | 609084 |
|  | Cranswick PLC | 354250 |  | 24517937 |
|  | Greencore Group PLC | 2447152 |  | 6034449 |
|  | Hilton Food Group PLC | 388333 |  | 4619476 |
|  | Kitwave Group PLC | 24361 |  | 96896 |
|  \* | McBride PLC | 955999 |  | 1837729 |
|  | MP Evans Group PLC | 8835 |  | 119248 |
|  \* | Ocado Group PLC | 918968 |  | 3471916 |
|  | Premier Foods PLC | 4396319 |  | 11655580 |
|  | PZ Cussons PLC | 1319689 |  | 1373305 |
|  | Tate & Lyle PLC | 2022220 |  | 15071640 |
|  TOTAL CONSUMER STAPLES | TOTAL CONSUMER STAPLES | TOTAL CONSUMER STAPLES |  | 83025340 |
|  ENERGY — (2.0%) | ENERGY — (2.0%) | ENERGY — (2.0%) | ENERGY — (2.0%) | ENERGY — (2.0%) |
|  | Capricorn Energy PLC | 432380 |  | 1431251 |
|  # | Diversified Energy Co. PLC (DEC LN) | 202068 |  | 2545460 |
|  | Diversified Energy Co. PLC (DEC US) | 2192 |  | 27203 |
|  | Energean PLC | 701688 |  | 8312657 |
|  \* | EnQuest PLC | 9498249 |  | 1726380 |
|  #\* | Genel Energy PLC | 886443 |  | 651288 |
|  # | Gulf Keystone Petroleum Ltd. | 1477716 |  | 3028304 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
|  \* | Gulf Marine Services PLC | 363413 | $| 82889 |
|  | Harbour Energy PLC | 2674182 |  | 5465316 |
|  | Hunting PLC | 785716 |  | 2711018 |
|  | Ithaca Energy PLC | 16603 |  | 29473 |
|  \* | John Wood Group PLC | 2947172 |  | 725253 |
|  | Pharos Energy PLC | 1476522 |  | 375036 |
|  \* | Savannah Energy PLC | 388799 |  | 37566 |
|  | Serica Energy PLC | 442623 |  | 751346 |
|  #\* | Tullow Oil PLC | 6556414 |  | 1119261 |
|  TOTAL ENERGY | TOTAL ENERGY | TOTAL ENERGY |  | 29019701 |
|  FINANCIALS — (21.7%) | FINANCIALS — (21.7%) | FINANCIALS — (21.7%) | FINANCIALS — (21.7%) | FINANCIALS — (21.7%) |
|  | Aberdeen Group PLC | 9337922 |  | 18442457 |
|  | AJ Bell PLC | 1435758 |  | 8171247 |
|  | Ashmore Group PLC | 2597913 |  | 5020325 |
|  W | Bridgepoint Group PLC | 377250 |  | 1352376 |
|  | Brooks Macdonald Group PLC | 1612 |  | 31476 |
|  | Burford Capital Ltd. | 1014326 |  | 13882079 |
|  | Chesnara PLC | 830049 |  | 2849280 |
|  \* | Close Brothers Group PLC | 1026399 |  | 4463501 |
|  W | CMC Markets PLC | 633366 |  | 2056237 |
|  | Conduit Holdings Ltd. | 8032 |  | 36972 |
|  | Direct Line Insurance Group PLC | 6960161 |  | 26288532 |
|  | Foresight Group Holdings Ltd. | 68412 |  | 339636 |
|  \*W | Funding Circle Holdings PLC | 161380 |  | 245249 |
|  \* | Georgia Capital PLC | 73525 |  | 1592963 |
|  | H&T Group PLC | 2590 |  | 14114 |
|  | Hiscox Ltd. | 1568860 |  | 23089949 |
|  | IG Group Holdings PLC | 1805965 |  | 25740371 |
|  | Impax Asset Management Group PLC | 324781 |  | 662258 |
|  | IntegraFin Holdings PLC | 966102 |  | 3945530 |
|  | International Personal Finance PLC | 1176222 |  | 2192151 |
|  | Investec PLC | 36612 |  | 229892 |
|  \* | IP Group PLC | 5471668 |  | 3101110 |
|  | Jupiter Fund Management PLC | 2474185 |  | 2391573 |
|  | Just Group PLC | 5884482 |  | 11099164 |
|  | Lancashire Holdings Ltd. | 1302770 |  | 9806079 |

---

910

------

##### [**Table of Contents**](#toc)
**THE UNITED KINGDOM SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Lion Finance Group PLC | 258093 | $20702384 |
|  | Liontrust Asset Management PLC | 225292 | 991905 |
|  | M&G PLC | 258607 | 717605 |
|  | Man Group PLC | 7151308 | 15608864 |
|  \* | Metro Bank Holdings PLC | 164184 | 220392 |
|  | Mortgage Advice Bureau Holdings Ltd. | 2813 | 30522 |
|  | Ninety One PLC | 1562102 | 3092009 |
|  | OSB Group PLC | 1598404 | 10159853 |
|  | Paragon Banking Group PLC | 1869236 | 21116899 |
|  | PayPoint PLC | 215571 | 1946265 |
|  | Plus500 Ltd. | 549753 | 22535639 |
|  | Polar Capital Holdings PLC | 357439 | 1875046 |
|  | Pollen Street Group Ltd. | 5172 | 50496 |
|  W | Quilter PLC | 7491134 | 13479112 |
|  | Rathbones Group PLC | 254551 | 5359148 |
|  | Record PLC | 18948 | 13428 |
|  | S&U PLC | 30579 | 584586 |
|  W | Sabre Insurance Group PLC | 601285 | 1013724 |
|  \* | Saga PLC | 569450 | 994728 |
|  | Tatton Asset Management PLC | 1575 | 13031 |
|  | TBC Bank Group PLC | 183767 | 11622254 |
|  | TP ICAP Group PLC | 4000385 | 13737085 |
|  \* | Vanquis Banking Group PLC | 1270872 | 1087929 |
|  | Waterloo Investment Holdings Ltd. | 4000 | 1400 |
|  | XPS Pensions Group PLC | 138684 | 711181 |
|  TOTAL FINANCIALS | TOTAL FINANCIALS | TOTAL FINANCIALS | 314710006 |
|  HEALTH CARE — (2.2%) | HEALTH CARE — (2.2%) | HEALTH CARE — (2.2%) |  |
|  | Advanced Medical Solutions Group PLC | 629489 | 1621934 |
|  #\* | Alliance Pharma PLC | 2444861 | 2107891 |
|  | CVS Group PLC | 389403 | 5596386 |
|  \* | EKF Diagnostics Holdings PLC | 79384 | 22783 |
|  | Genus PLC | 18819 | 462462 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |  |
|  | Hikma Pharmaceuticals PLC | 576061 | $15265362 |
|  \* | Indivior PLC | 18731 | 212554 |
|  \*W | Integrated Diagnostics Holdings PLC | 1249693 | 430379 |
|  #\* | Oxford Nanopore Technologies PLC | 337883 | 537197 |
|  #\* | PureTech Health PLC (PRTC LN) | 552422 | 902153 |
|  W | Spire Healthcare Group PLC | 1575914 | 4074733 |
|  TOTAL HEALTH CARE | TOTAL HEALTH CARE | TOTAL HEALTH CARE | 31233834 |
|  INDUSTRIALS — (24.8%) | INDUSTRIALS — (24.8%) | INDUSTRIALS — (24.8%) |  |
|  # | Ashtead Technology Holdings PLC | 113506 | 756935 |
|  | Avon Technologies PLC | 32440 | 589671 |
|  | Babcock International Group PLC | 1906120 | 20534221 |
|  | Balfour Beatty PLC | 3447741 | 21087674 |
|  # | Begbies Traynor Group PLC | 60262 | 73593 |
|  | Bodycote PLC | 1168905 | 7434039 |
|  | Braemar PLC | 83994 | 253417 |
|  \* | Capita PLC | 549726 | 1348277 |
|  #\* | Ceres Power Holdings PLC | 16384 | 12788 |
|  | Chemring Group PLC | 900564 | 4810229 |
|  | Clarkson PLC | 215527 | 9473158 |
|  | Cohort PLC | 1446 | 26623 |
|  | Costain Group PLC | 445507 | 652538 |
|  \* | De La Rue PLC | 535815 | 924334 |
|  #\* | Dialight PLC | 89929 | 128122 |
|  | DiscoverIE Group PLC | 516352 | 3913291 |
|  | easyJet PLC | 966101 | 6405293 |
|  | Firstgroup PLC | 3407643 | 7860078 |
|  | Galliford Try Holdings PLC | 612561 | 3186599 |
|  | Genuit Group PLC | 1430710 | 7285603 |
|  | Goodwin PLC | 246 | 22262 |
|  | Grafton Group PLC, CDI | 1441958 | 17454995 |
|  | Hays PLC | 7575835 | 7237204 |
|  | Howden Joinery Group PLC | 1665728 | 17129510 |
|  | IMI PLC | 343051 | 8141564 |
|  \*†† | Industrial & Commercial Bank of China Ltd. | 5000 | 0 |

---

911

------

##### [**Table of Contents**](#toc)
**THE UNITED KINGDOM SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | International Distribution Services PLC | 3658794 | $| 17880405 |
|  \* | James Fisher & Sons PLC | 205009 |  | 828290 |
|  | James Halstead PLC | 226958 |  | 465007 |
|  | JET2 PLC | 813756 |  | 17220283 |
|  | Johnson Service Group PLC | 1098510 |  | 2057133 |
|  | Keller Group PLC | 521948 |  | 9939044 |
|  | Kier Group PLC | 2102101 |  | 4086944 |
|  W | Luceco PLC | 290173 |  | 536558 |
|  | Mears Group PLC | 801169 |  | 4147243 |
|  | Mitie Group PLC | 7919335 |  | 15271376 |
|  \* | Mobico Group PLC | 2765582 |  | 1148377 |
|  | Morgan Advanced Materials PLC | 1583217 |  | 4156891 |
|  | Morgan Sindall Group PLC | 292134 |  | 13808973 |
|  | Norcros PLC | 184430 |  | 597676 |
|  | Pagegroup PLC | 1735692 |  | 6260046 |
|  | Porvair PLC | 18060 |  | 178657 |
|  | QinetiQ Group PLC | 3125466 |  | 16451158 |
|  | Renew Holdings PLC | 163391 |  | 1653868 |
|  | Renewi PLC | 408001 |  | 4682876 |
|  # | Ricardo PLC | 281762 |  | 924867 |
|  | Robert Walters PLC | 375449 |  | 1136310 |
|  | Rotork PLC | 4411803 |  | 17963841 |
|  | RS Group PLC | 2283075 |  | 15741809 |
|  | RWS Holdings PLC | 915982 |  | 818482 |
|  | Senior PLC | 2111986 |  | 3900333 |
|  | Serco Group PLC | 5760619 |  | 13220428 |
|  | Severfield PLC | 1140644 |  | 365529 |
|  #\* | SIG PLC | 3980098 |  | 825818 |
|  | Speedy Hire PLC | 2593032 |  | 678931 |
|  | SThree PLC | 731207 |  | 2377222 |
|  | Travis Perkins PLC | 978285 |  | 7302476 |
|  | Trifast PLC | 620962 |  | 553841 |
|  | Vesuvius PLC | 1262345 |  | 5765884 |
|  # | Volex PLC | 625841 |  | 2129402 |
|  | Volution Group PLC | 919192 |  | 6960883 |
|  # | Vp PLC | 153784 |  | 1210435 |
|  | Wilmington PLC | 341023 |  | 1679257 |
|  \* | XP Power Ltd. | 58293 |  | 547621 |
|  | Zigup PLC | 1528686 |  | 6383018 |
|  TOTAL INDUSTRIALS | TOTAL INDUSTRIALS | TOTAL INDUSTRIALS |  | 358599210 |
|  INFORMATION TECHNOLOGY — (4.9%) | INFORMATION TECHNOLOGY — (4.9%) | INFORMATION TECHNOLOGY — (4.9%) | INFORMATION TECHNOLOGY — (4.9%) | INFORMATION TECHNOLOGY — (4.9%) |
|  \* | Accesso Technology Group PLC | 16067 |  | 102057 |
|  W | Alfa Financial Software Holdings PLC | 42630 |  | 126743 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
|  | Bytes Technology Group PLC (BYIT LN) | 935167 | $| 6359271 |
|  | Computacenter PLC | 464553 |  | 15025311 |
|  | dotdigital group PLC | 581720 |  | 643507 |
|  | FDM Group Holdings PLC | 481877 |  | 1441943 |
|  #\* | Fund Technologies PLC | 41353 |  | 984135 |
|  | GB Group PLC | 570107 |  | 1868394 |
|  | Gooch & Housego PLC | 6822 |  | 34272 |
|  | IDOX PLC | 140149 |  | 102580 |
|  | iomart Group PLC | 355807 |  | 119453 |
|  #\* | IQE PLC | 3270990 |  | 396313 |
|  | Kainos Group PLC | 455715 |  | 4436159 |
|  | NCC Group PLC | 1553643 |  | 3039851 |
|  | Oxford Instruments PLC | 156698 |  | 3447564 |
|  \* | Pinewood Technologies Group PLC | 284723 |  | 1374402 |
|  | Softcat PLC | 677804 |  | 15138474 |
|  | Spectris PLC | 206593 |  | 5530558 |
|  \* | Spirent Communications PLC | 3744181 |  | 9231464 |
|  \* | Strix Group PLC | 378903 |  | 234917 |
|  | TT Electronics PLC | 1030047 |  | 1003439 |
|  \* | Xaar PLC | 546570 |  | 758563 |
|  TOTAL INFORMATION TECHNOLOGY | TOTAL INFORMATION TECHNOLOGY | TOTAL INFORMATION TECHNOLOGY |  | 71399370 |
|  MATERIALS — (5.6%) | MATERIALS — (5.6%) | MATERIALS — (5.6%) | MATERIALS — (5.6%) | MATERIALS — (5.6%) |
|  \* | Accsys Technologies PLC | 9505 |  | 5604 |
|  | Anglogold Ashanti PLC | 6291 |  | 265228 |
|  # | Atalaya Mining Copper SA | 75695 |  | 369123 |
|  | Breedon Group PLC | 1152003 |  | 6627739 |
|  | Capital Ltd. | 59308 |  | 53324 |
|  | Castings PLC | 172431 |  | 589225 |
|  | Central Asia Metals PLC | 902208 |  | 1851240 |
|  | Croda International PLC | 13217 |  | 521724 |
|  | Ecora Resources PLC | 1149098 |  | 837541 |
|  | Elementis PLC | 3642556 |  | 6122499 |
|  | Essentra PLC | 1605583 |  | 1929911 |
|  W | Forterra PLC | 1132758 |  | 2823959 |
|  | Hill & Smith PLC | 533904 |  | 12835183 |

---

912

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##### [**Table of Contents**](#toc)
**THE UNITED KINGDOM SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  \* | Hochschild Mining PLC | 2129463 | $| 8018909 |
|  W | Ibstock PLC | 2214060 |  | 5318163 |
|  # | International Paper Co. | 74932 |  | 3408718 |
|  | Johnson Matthey PLC | 895415 |  | 15416785 |
|  | Marshalls PLC | 686419 |  | 2574426 |
|  | Pan African Resources PLC | 6395168 |  | 3793586 |
|  | RHI Magnesita NV | 15059 |  | 628956 |
|  \* | Sigmaroc PLC | 782403 |  | 947614 |
|  \* | SolGold PLC | 1987580 |  | 179844 |
|  #\* | Synthomer PLC | 704995 |  | 775326 |
|  | Treatt PLC | 24863 |  | 84740 |
|  | Victrex PLC | 453660 |  | 5035618 |
|  | Zotefoams PLC | 111485 |  | 367333 |
|  TOTAL MATERIALS | TOTAL MATERIALS | TOTAL MATERIALS |  | 81382318 |
|  REAL ESTATE — (2.4%) | REAL ESTATE — (2.4%) | REAL ESTATE — (2.4%) | REAL ESTATE — (2.4%) | REAL ESTATE — (2.4%) |
|  | Foxtons Group PLC | 1589941 |  | 1256265 |
|  | Grainger PLC | 4100358 |  | 11763712 |
|  | Harworth Group PLC | 35421 |  | 82978 |
|  | Helical PLC | 35807 |  | 103150 |
|  | International Workplace Group PLC | 3909117 |  | 9678919 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) |
|  | LSL Property Services PLC | 283511 | $1057017 |
|  \* | Phoenix Spree Deutschland Ltd. | 15813 | 36375 |
|  | Savills PLC | 875253 | 10853975 |
|  \* | Watkin Jones PLC | 1081806 | 456184 |
|  TOTAL REAL ESTATE | TOTAL REAL ESTATE | TOTAL REAL ESTATE | 35288575 |
|  UTILITIES — (2.8%) | UTILITIES — (2.8%) | UTILITIES — (2.8%) | UTILITIES — (2.8%) |
|  | Drax Group PLC | 1749386 | 14430602 |
|  | Pennon Group PLC | 2218461 | 14851128 |
|  | Telecom Plus PLC | 409607 | 10356302 |
|  TOTAL UTILITIES | TOTAL UTILITIES | TOTAL UTILITIES | 39638032 |
|  TOTAL COMMON STOCKS<br>Cost ($1236091679) | TOTAL COMMON STOCKS<br>Cost ($1236091679) | TOTAL COMMON STOCKS<br>Cost ($1236091679) | 1433350112 |
|  |  |  | **Value†** |
|  SECURITIES LENDING COLLATERAL — (1.0%) | SECURITIES LENDING COLLATERAL — (1.0%) | SECURITIES LENDING COLLATERAL — (1.0%) | SECURITIES LENDING COLLATERAL — (1.0%) |
|  @§ | The DFA Short Term Investment Fund | 1254365 | 14506733 |
|  TOTAL INVESTMENTS — (100.0%)<br>(Cost $1,250,599,763) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $1,250,599,763) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $1,250,599,763) | $1447856845 |

---

As of April 30, 2025, the value of Rule 144A securities amounted to $49,164,022 or 3.4% of net assets.

Summary of the Series' investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Assets** |  |  |  |  |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Communication Services | $28857 | $57361875 |  | $57390732 |
| &nbsp;&nbsp;&nbsp;&nbsp; Consumer Discretionary |  | 331662994 |  | 331662994 |
| &nbsp;&nbsp;&nbsp;&nbsp; Consumer Staples |  | 83025340 |  | 83025340 |
| &nbsp;&nbsp;&nbsp;&nbsp; Energy | 64769 | 28954932 |  | 29019701 |
| &nbsp;&nbsp;&nbsp;&nbsp; Financials |  | 314710006 |  | 314710006 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care |  | 31233834 |  | 31233834 |
| &nbsp;&nbsp;&nbsp;&nbsp; Industrials |  | 358599210 |  | 358599210 |
| &nbsp;&nbsp;&nbsp;&nbsp; Information Technology |  | 71399370 |  | 71399370 |
| &nbsp;&nbsp;&nbsp;&nbsp; Materials |  | 81382318 |  | 81382318 |
| &nbsp;&nbsp;&nbsp;&nbsp; Real Estate |  | 35288575 |  | 35288575 |
| &nbsp;&nbsp;&nbsp;&nbsp; Utilities |  | 39638032 |  | 39638032 |
|  Securities Lending Collateral |  | 14506733 |  | 14506733 |
|  Total Investments in Securities | $93626 | $1447763219 |  | $1447856845 |

---

See accompanying Notes to Financial Statements.

913

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##### [**Table of Contents**](#toc)
**THE CONTINENTAL SMALL COMPANY SERIES** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COMMON STOCKS — (91.7%) | COMMON STOCKS — (91.7%) | COMMON STOCKS — (91.7%) | COMMON STOCKS — (91.7%) |
|  AUSTRIA — (3.5%) | AUSTRIA — (3.5%) | AUSTRIA — (3.5%) | AUSTRIA — (3.5%) |
|  | Agrana Beteiligungs AG | 70089 | $944221 |
|  \* | ams-OSRAM AG | 420015 | 3728687 |
|  | ANDRITZ AG | 311663 | 22396013 |
|  #\* | AT&S Austria Technologie & Systemtechnik AG | 124452 | 2015337 |
|  W | BAWAG Group AG | 466884 | 51174221 |
|  # | CA Immobilien Anlagen AG | 158218 | 4283403 |
|  #\* | CPI Europe AG | 143359 | 2836022 |
|  \* | DO & Co. AG | 41737 | 6666964 |
|  \* | Eurotelesites AG | 289656 | 1644711 |
|  | EVN AG | 232002 | 6071310 |
|  | Fabasoft AG | 509 | 9926 |
|  \* | FACC AG | 105611 | 839144 |
|  \* | Immofinanz AG (IIA AV) | 681827 | 0 |
|  | Josef Manner & Comp AG | 870 | 110964 |
|  \* | Kapsch TrafficCom AG | 29728 | 219534 |
|  | Kontron AG | 250654 | 6090913 |
|  #\* | Lenzing AG | 92925 | 2922449 |
|  | Mayr Melnhof Karton AG | 53919 | 4995751 |
|  | Oberbank AG | 44385 | 3529427 |
|  | Oesterreichische Post AG | 126011 | 4248419 |
|  | Palfinger AG | 77895 | 2538875 |
|  \* | POLYTEC Holding AG | 106063 | 347796 |
|  | Porr AG | 89819 | 3145072 |
|  # | Schoeller-Bleckmann Oilfield Equipment AG | 43336 | 1539805 |
|  | Semperit AG Holding | 42651 | 631630 |
|  | Strabag SE (STR AV) | 10256 | 899786 |
|  | Telekom Austria AG | 1067703 | 11279039 |
|  #\* | UBM Development AG | 20329 | 445202 |
|  | UNIQA Insurance Group AG | 776594 | 8998917 |
|  | Vienna Insurance Group AG Wiener Versicherung Gruppe | 272951 | 12982208 |
|  | voestalpine AG | 461091 | 12150693 |
|  | Wienerberger AG | 546582 | 19191529 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) |
|  | Zumtobel Group AG | 145935 | $| 765346 |
|  TOTAL AUSTRIA | TOTAL AUSTRIA | TOTAL AUSTRIA |  | 199643314 |
|  BELGIUM — (3.5%) | BELGIUM — (3.5%) | BELGIUM — (3.5%) | BELGIUM — (3.5%) | BELGIUM — (3.5%) |
|  | Ackermans & van Haaren NV | 151997 |  | 37176544 |
|  | Ageas SA | 133186 |  | 8352924 |
|  #\* | AGFA-Gevaert NV | 713755 |  | 741350 |
|  \* | Atenor | 117970 |  | 390570 |
|  | Azelis Group NV | 356432 |  | 5522927 |
|  | Barco NV | 389825 |  | 5333908 |
|  | Bekaert SA | 218463 |  | 8429708 |
|  #\*W | Biocartis Group NV | 357370 |  | 0 |
|  # | bpost SA | 423056 |  | 678456 |
|  | Cie d'Entreprises CFE | 49898 |  | 435174 |
|  # | CMB Tech NV | 44428 |  | 422510 |
|  | Colruyt Group NV | 227216 |  | 10926287 |
|  | Deceuninck NV | 428512 |  | 1040060 |
|  | Deme Group NV | 48006 |  | 7195925 |
|  | Econocom Group SA NV | 509837 |  | 1057293 |
|  # | Elia Group SA | 65051 |  | 7052799 |
|  | EVS Broadcast Equipment SA | 69289 |  | 2898460 |
|  | Fagron | 351158 |  | 8185864 |
|  \* | Galapagos NV (GLPG BB) | 207806 |  | 5658611 |
|  \* | Galapagos NV (GLPG NA) | 44496 |  | 1211638 |
|  | Gimv NV | 160534 |  | 7228802 |
|  | Greenyard NV | 2890 |  | 23369 |
|  #\* | Immobel SA | 23226 |  | 476637 |
|  # | Ion Beam Applications | 108669 |  | 1294564 |
|  | Jensen-Group NV | 20961 |  | 1020147 |
|  # | Kinepolis Group NV | 90123 |  | 3106511 |
|  # | Lotus Bakeries NV | 2046 |  | 19672439 |
|  # | Melexis NV | 92514 |  | 5551624 |
|  \* | Nyxoah SA | 5971 |  | 36493 |
|  #\* | Ontex Group NV | 329404 |  | 2704153 |
|  # | Proximus SADP | 602646 |  | 4628698 |
|  # | Recticel SA | 268765 |  | 3254517 |
|  | Sipef NV | 38744 |  | 2817394 |
|  # | Solvay SA | 361376 |  | 13675383 |
|  # | Tessenderlo Group SA | 127088 |  | 3761566 |
|  # | Umicore SA | 793728 |  | 7215018 |
|  # | Van de Velde NV | 32510 |  | 1216312 |
|  # | VGP NV | 52407 |  | 4849024 |

---

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##### [**Table of Contents**](#toc)
**THE CONTINENTAL SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) |
|  | Viohalco SA | 498361 | $| 3101124 |
|  # | What's Cooking BV | 3904 |  | 479891 |
|  #\*W | X-Fab Silicon Foundries SE | 247503 |  | 1380063 |
|  TOTAL BELGIUM | TOTAL BELGIUM | TOTAL BELGIUM |  | 200204737 |
|  CANADA — (0.1%) | CANADA — (0.1%) | CANADA — (0.1%) | CANADA — (0.1%) | CANADA — (0.1%) |
|  #\* | International Petroleum Corp. (IPCO SS) | 481608 |  | 6580999 |
|  DENMARK — (6.1%) | DENMARK — (6.1%) | DENMARK — (6.1%) | DENMARK — (6.1%) | DENMARK — (6.1%) |
|  \* | ALK-Abello AS | 815920 |  | 19019494 |
|  | Alm Brand AS | 5389801 |  | 12771088 |
|  | Ambu AS, Class B | 897603 |  | 16202189 |
|  \* | Bang & Olufsen AS | 599792 |  | 1183866 |
|  \* | Bavarian Nordic AS | 394925 |  | 9389857 |
|  #\* | Better Collective AS | 172614 |  | 2271778 |
|  # | cBrain AS | 38791 |  | 1006940 |
|  | Chemometec AS | 74541 |  | 5370530 |
|  | Columbus AS | 430344 |  | 769897 |
|  | D/S Norden AS | 147651 |  | 4020849 |
|  \* | Demant AS | 116175 |  | 4230730 |
|  \* | Dfds AS | 123426 |  | 1716525 |
|  | Djurslands Bank AS | 6232 |  | 598076 |
|  | FLSmidth & Co. AS | 224017 |  | 10605463 |
|  | Fluegger Group AS | 4198 |  | 201804 |
|  # | Foroya Banki P | 10800 |  | 287935 |
|  #\* | GN Store Nord AS | 740852 |  | 11185572 |
|  | H Lundbeck AS (HLUNA DC), Class A | 78578 |  | 324552 |
|  | H Lundbeck AS (HLUNB DC) | 1533255 |  | 7337410 |
|  #\* | H&H International AS, Class B | 79154 |  | 1456192 |
|  # | Harboes Bryggeri AS, Class B | 5094 |  | 112138 |
|  # | ISS AS | 739839 |  | 18563630 |
|  | Jeudan AS | 41713 |  | 1249027 |
|  | Jyske Bank AS | 340334 |  | 27913649 |
|  | Lan & Spar Bank | 4895 |  | 546362 |
|  | Matas AS | 243336 |  | 5022278 |
|  \*W | Netcompany Group AS | 225566 |  | 10182921 |
|  \* | Nilfisk Holding AS | 70523 |  | 934400 |
|  \* | NKT AS | 272775 |  | 22209858 |
|  #\*W | NNIT AS | 71567 |  | 787341 |
|  #\* | North Media AS | 16692 |  | 92495 |
|  \* | NTG Nordic Transport Group AS | 29946 |  | 1138276 |
|  | Parken Sport & Entertainment AS | 11952 |  | 243763 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) |
|  | Per Aarsleff Holding AS | 123143 | $| 9921785 |
|  | Ringkjoebing Landbobank AS | 178453 |  | 34119598 |
|  | Rockwool AS, Class A | 18950 |  | 864076 |
|  | Rockwool AS, Class B | 135751 |  | 6197055 |
|  | Royal Unibrew AS | 274075 |  | 21793889 |
|  \* | RTX AS | 44919 |  | 425956 |
|  W | Scandinavian Tobacco Group AS | 281075 |  | 4091206 |
|  | Schouw & Co. AS | 84727 |  | 7722838 |
|  # | Solar AS, Class B | 27437 |  | 1056358 |
|  | SP Group AS | 11071 |  | 453669 |
|  \* | Spar Nord Bank AS | 590008 |  | 18933679 |
|  | Sparekassen Sjaelland-Fyn AS | 6204 |  | 268124 |
|  | Sydbank AS | 387172 |  | 24794628 |
|  | TCM Group AS | 2578 |  | 30531 |
|  | Tivoli AS | 9878 |  | 925901 |
|  | UIE PLC | 102040 |  | 4877538 |
|  | Vestjysk Bank AS | 59908 |  | 39088 |
|  #\* | Zealand Pharma AS | 158361 |  | 11200256 |
|  TOTAL DENMARK | TOTAL DENMARK | TOTAL DENMARK |  | 346663060 |
|  FINLAND — (5.8%) | FINLAND — (5.8%) | FINLAND — (5.8%) | FINLAND — (5.8%) | FINLAND — (5.8%) |
|  | Aktia Bank OYJ | 329414 |  | 3734501 |
|  # | Alandsbanken Abp, Class B | 23036 |  | 958400 |
|  | Alma Media OYJ | 135302 |  | 1772069 |
|  # | Anora Group OYJ | 17444 |  | 64937 |
|  | Apetit OYJ | 21105 |  | 328090 |
|  | Aspo OYJ | 114344 |  | 674385 |
|  | Atria OYJ | 98413 |  | 1445086 |
|  # | Bittium OYJ | 192809 |  | 1498421 |
|  # | Citycon OYJ | 371096 |  | 1490156 |
|  | Digia OYJ | 87143 |  | 658670 |
|  | Elisa OYJ | 339931 |  | 18134646 |
|  #W | Enento Group OYJ | 26081 |  | 503620 |
|  | Finnair OYJ | 662496 |  | 1791265 |
|  | Fiskars OYJ Abp | 217678 |  | 3616947 |
|  | F-Secure OYJ | 612189 |  | 1346989 |
|  \* | Glaston OYJ Abp | 4608 |  | 7214 |
|  | Gofore OYJ | 574 |  | 10269 |
|  # | Harvia OYJ | 86279 |  | 3992144 |
|  | Hiab OYJ | 271845 |  | 12935131 |
|  # | HKFoods OYJ | 227986 |  | 302351 |
|  | Huhtamaki OYJ | 521607 |  | 19204366 |
|  | Ilkka OYJ | 58887 |  | 222323 |
|  | Kalmar OYJ, Class B | 271845 |  | 8612311 |
|  # | Kamux Corp. | 59097 |  | 156101 |
|  | Kemira OYJ | 639975 |  | 13205285 |

---

915

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##### [**Table of Contents**](#toc)
**THE CONTINENTAL SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) |
|  | Kesko OYJ (KESKOA FH), Class A | 14626 | $| 327068 |
|  # | Kesko OYJ (KESKOB FH), Class B | 1043261 |  | 23952042 |
|  \* | Kojamo OYJ | 570241 |  | 6637581 |
|  | Konecranes OYJ | 433794 |  | 29063340 |
|  # | Lassila & Tikanoja OYJ | 156173 |  | 1674975 |
|  \* | Lindex Group OYJ | 40159 |  | 120532 |
|  # | Mandatum OYJ | 926573 |  | 6548582 |
|  | Marimekko OYJ | 67765 |  | 937136 |
|  # | Metsa Board OYJ (METSB FH), Class B | 944884 |  | 3449726 |
|  # | Metso OYJ | 1437294 |  | 15617211 |
|  # | Nokian Renkaat OYJ | 490702 |  | 3903439 |
|  | Olvi OYJ, Class A | 95777 |  | 3591202 |
|  # | Oma Saastopankki OYJ | 27483 |  | 283886 |
|  # | Oriola OYJ (OKDBV FH), Class B | 673147 |  | 833912 |
|  | Orion OYJ (ORNBV FH), Class B | 600779 |  | 37615692 |
|  # | Outokumpu OYJ | 1469784 |  | 5657390 |
|  | Pihlajalinna OYJ | 86520 |  | 1364959 |
|  | Ponsse OYJ | 69648 |  | 2139464 |
|  | Puuilo OYJ | 119530 |  | 1702166 |
|  #\* | QT Group OYJ | 78638 |  | 5131284 |
|  | Raisio OYJ, Class V | 621992 |  | 1733664 |
|  \* | Rapala VMC OYJ | 116693 |  | 171978 |
|  # | Revenio Group OYJ | 127255 |  | 3980231 |
|  | Sampo OYJ, Class A | 1981984 |  | 19795711 |
|  # | Sanoma OYJ | 455141 |  | 5013906 |
|  | Scanfil OYJ | 2904 |  | 28650 |
|  | Stora Enso OYJ, Class R | 546497 |  | 5076076 |
|  # | Taaleri PLC | 25011 |  | 203022 |
|  # | Talenom OYJ | 7120 |  | 28781 |
|  \* | Teleste OYJ | 52966 |  | 175612 |
|  W | Terveystalo OYJ | 388828 |  | 5403838 |
|  # | TietoEVRY OYJ | 469114 |  | 8404191 |
|  # | Tokmanni Group Corp. | 274000 |  | 4323127 |
|  | Vaisala OYJ, Class A | 125505 |  | 6682360 |
|  # | Valmet OYJ | 658694 |  | 20112615 |
|  #\* | Verkkokauppa.com OYJ | 13945 |  | 43363 |
|  # | Viking Line Abp | 11073 |  | 252174 |
|  #\* | WithSecure OYJ | 540118 |  | 575974 |
|  #\* | YIT OYJ | 703699 |  | 2053774 |
|  TOTAL FINLAND | TOTAL FINLAND | TOTAL FINLAND |  | 331276311 |
|  FRANCE — (10.3%) | FRANCE — (10.3%) | FRANCE — (10.3%) | FRANCE — (10.3%) | FRANCE — (10.3%) |
|  #\* | 74Software SA | 54828 |  | 2115405 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  # | ABC arbitrage | 120070 | $820552 |
|  \* | Air France-KLM | 213395 | 1863121 |
|  | AKWEL SADIR | 61150 | 511799 |
|  \* | Alstom SA | 1931279 | 46638770 |
|  | Altamir | 136094 | 3564767 |
|  | Alten SA | 153864 | 13042026 |
|  | Arkema SA | 222414 | 16909128 |
|  # | Assystem SA | 49529 | 2152246 |
|  | Aubay | 38742 | 2021059 |
|  W | Ayvens SA | 20522 | 208026 |
|  \* | Bastide le Confort Medical | 18680 | 577585 |
|  # | Beneteau SACA | 207349 | 1897015 |
|  | Boiron SA | 33957 | 934721 |
|  | Bonduelle SCA | 86179 | 806027 |
|  \*†† | Bourbon Corp. SA | 28851 | 0 |
|  # | Catana Group | 47853 | 184561 |
|  #\* | Cegedim SA | 36805 | 499137 |
|  | Cie des Alpes | 125439 | 2468348 |
|  #\* | Claranova SE | 66462 | 179595 |
|  #\* | Clariane SE | 1044376 | 4437676 |
|  | Coface SA | 734846 | 15061958 |
|  | Derichebourg SA | 647148 | 4451567 |
|  #\* | Ekinops SAS | 7393 | 27603 |
|  | Electricite de Strasbourg SA | 21112 | 3339812 |
|  \*W | Elior Group SA | 624974 | 1893258 |
|  | Elis SA | 1130371 | 29015576 |
|  | Equasens | 14637 | 645448 |
|  # | Eramet SA | 40848 | 2264951 |
|  | Esso SA Francaise | 7699 | 1237563 |
|  | Etablissements Maurel et Prom SA | 387272 | 1993525 |
|  | Eurazeo SE | 229679 | 16794027 |
|  #\* | Euroapi SA | 114489 | 358095 |
|  #\* | Eutelsat Communications SACA | 1129007 | 4610734 |
|  | Exel Industries SA, Class A | 10459 | 417779 |
|  | Fnac Darty SA | 10597 | 368011 |
|  | Fnac Darty SA (FNAC FP) | 56665 | 1972980 |
|  | Forvia SE (FRVIA FP) | 672065 | 5191506 |
|  \* | Gaumont SA | 10715 | 1011415 |
|  | Gaztransport Et Technigaz SA | 181908 | 29651511 |
|  | GEA | 2433 | 249713 |
|  | Getlink SE | 29535 | 560817 |
|  | GL Events SACA | 55367 | 1380649 |
|  | Groupe Crit SA | 22324 | 1722426 |
|  | Groupe SFPI | 21754 | 53249 |
|  # | Guerbet | 34030 | 774216 |
|  \* | Haulotte Group SA | 25908 | 78531 |

---

916

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##### [**Table of Contents**](#toc)
**THE CONTINENTAL SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  \* | ID Logistics Group SACA | 17514 | $7888607 |
|  | Imerys SA | 186182 | 6219262 |
|  | Infotel SA | 637 | 31636 |
|  | Interparfums SA | 15816 | 626896 |
|  | Ipsen SA | 2258 | 262612 |
|  | IPSOS SA | 252618 | 11960116 |
|  # | Jacquet Metals SACA | 82260 | 1934912 |
|  \* | JCDecaux SE | 357273 | 6218067 |
|  | Kaufman & Broad SA | 91469 | 3591408 |
|  W | La Francaise des Jeux SACA | 254335 | 9065552 |
|  | Laurent-Perrier | 14168 | 1558802 |
|  | Linedata Services | 3353 | 280012 |
|  | LISI SA | 48174 | 1508521 |
|  | LNA Sante SA | 30986 | 806637 |
|  #W | Maisons du Monde SA | 103773 | 323578 |
|  | Manitou BF SA | 56008 | 1291549 |
|  | Mersen SA | 119669 | 2564814 |
|  # | Metropole Television SA | 123332 | 1937899 |
|  #\* | Nacon SA | 138 | 77 |
|  | Nexans SA | 195817 | 21512139 |
|  #\* | Nexity SA | 179680 | 1884034 |
|  | NRJ Group | 88443 | 666353 |
|  | Oeneo SA | 91324 | 942959 |
|  | Opmobility | 299431 | 3355793 |
|  \* | OVH Groupe SAS | 9813 | 130474 |
|  #\* | Pierre Et Vacances SA | 52921 | 82994 |
|  | Quadient SA | 154177 | 2918399 |
|  | Remy Cointreau SA | 24306 | 1317720 |
|  | Rexel SA | 1211850 | 33669588 |
|  | Robertet SA | 977 | 906162 |
|  | Rubis SCA | 421748 | 13728219 |
|  # | Samse SACA | 7930 | 1267088 |
|  | Savencia SA | 34499 | 2612678 |
|  | SCOR SE | 793895 | 25014984 |
|  | SEB SA | 127100 | 11989211 |
|  | Seche Environnement SACA | 21449 | 2212701 |
|  #\*W | SMCP SA | 83829 | 302206 |
|  | Societe BIC SA | 127466 | 8247241 |
|  | Societe LDC SADIR | 746 | 64757 |
|  | Sodexo SA | 7494 | 475695 |
|  \* | SOITEC | 9110 | 517007 |
|  | Sopra Steria Group | 82550 | 16925961 |
|  | SPIE SA | 753218 | 36917133 |
|  \*W | SRP Groupe SA | 56822 | 38654 |
|  # | Stef SA | 25963 | 3743556 |
|  #\* | Synergie SE | 67764 | 2342754 |
|  | Teleperformance SE | 305592 | 33509702 |
|  | Television Francaise 1 SA | 268368 | 2564378 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  | TFF Group | 10603 | $| 251324 |
|  | Thermador Groupe | 39431 |  | 2952097 |
|  # | Tikehau Capital SCA | 55930 |  | 1207933 |
|  | Trigano SA | 46249 |  | 5494207 |
|  \* | Ubisoft Entertainment SA | 411525 |  | 4848717 |
|  | Valeo SE | 1093057 |  | 10855331 |
|  \* | Vallourec SACA | 842462 |  | 15571017 |
|  W | Verallia SA | 365707 |  | 12228706 |
|  | Vetoquinol SA | 12422 |  | 1049582 |
|  | Vicat SACA | 100090 |  | 5604381 |
|  | VIEL & Cie SA | 156945 |  | 2405007 |
|  | Virbac SACA | 7854 |  | 2769062 |
|  \* | Viridien | 35512 |  | 2106840 |
|  #\* | Voltalia SA | 106948 |  | 886309 |
|  | Vranken-Pommery Monopole SA | 16787 |  | 223533 |
|  # | Wavestone | 7991 |  | 426526 |
|  \*W | Worldline SA | 130606 |  | 723627 |
|  TOTAL FRANCE | TOTAL FRANCE | TOTAL FRANCE |  | 584494180 |
|  GERMANY — (11.7%) | GERMANY — (11.7%) | GERMANY — (11.7%) | GERMANY — (11.7%) | GERMANY — (11.7%) |
|  | 1&1 AG | 218379 |  | 3880458 |
|  | 7C Solarparken AG | 277569 |  | 633512 |
|  | Adesso SE | 11589 |  | 1287177 |
|  | Adtran Networks SE | 5435 |  | 124976 |
|  | AIXTRON SE | 379486 |  | 5152999 |
|  | All for One Group SE | 5469 |  | 351463 |
|  | Allgeier SE | 46734 |  | 1075981 |
|  | AlzChem Group AG | 3166 |  | 408571 |
|  | Amadeus Fire AG | 16080 |  | 1366954 |
|  | Atoss Software SE | 42630 |  | 6408401 |
|  # | Aurubis AG | 158734 |  | 13858833 |
|  \*W | Auto1 Group SE | 26757 |  | 642905 |
|  \* | Basler AG | 52628 |  | 532596 |
|  #\* | BayWa AG (BYW6 GR) | 100397 |  | 921190 |
|  | Bechtle AG | 415814 |  | 17739726 |
|  # | Bertrandt AG | 28124 |  | 607100 |
|  | Bijou Brigitte AG | 22623 |  | 1087672 |
|  | Bilfinger SE | 162046 |  | 13781998 |
|  # | Borussia Dortmund GmbH & Co. KGaA | 456278 |  | 1694894 |
|  #\* | BRANICKS Group AG | 375149 |  | 813260 |
|  | Brenntag SE | 66165 |  | 4418753 |
|  | CANCOM SE (COK GR) | 56729 |  | 1741827 |
|  \* | Ceconomy AG | 838588 |  | 2980246 |
|  | CENIT AG | 41905 |  | 393050 |
|  | Cewe Stiftung & Co. KGaA | 45539 |  | 5266286 |
|  \* | CompuGroup Medical SE & Co. KGaA | 149580 |  | 3727939 |

---

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##### [**Table of Contents**](#toc)
**THE CONTINENTAL SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | CTS Eventim AG & Co. KGaA | 214862 | $25458349 |
|  | Data Modul AG Produktion Und Vertrieb Von Elektronischen Systemen | 11455 | 288256 |
|  | Dermapharm Holding SE | 94892 | 4145407 |
|  \* | Deutsche Beteiligungs AG | 82898 | 2369503 |
|  | Deutsche EuroShop AG | 6828 | 149810 |
|  \*W | Deutsche Pfandbriefbank AG | 777830 | 4770729 |
|  | Deutsche Wohnen SE | 3284 | 83456 |
|  | Deutz AG | 612047 | 4752191 |
|  #\* | Dr. Hoenle AG | 28736 | 278983 |
|  | Draegerwerk AG & Co. KGaA | 19059 | 1074010 |
|  | Duerr AG | 298100 | 7057168 |
|  W | DWS Group GmbH & Co. KGaA | 95407 | 5022550 |
|  | Eckert & Ziegler SE | 84525 | 5777913 |
|  | Elmos Semiconductor SE | 36953 | 2517398 |
|  | ElringKlinger AG | 185768 | 1037026 |
|  | Energiekontor AG | 30017 | 1445978 |
|  #\* | Evotec SE | 816156 | 6831585 |
|  | Fielmann Group AG | 140122 | 7962413 |
|  | flatexDEGIRO AG | 409122 | 10766795 |
|  \* | Fraport AG Frankfurt Airport Services Worldwide | 182432 | 12090054 |
|  | Freenet AG | 771156 | 32067059 |
|  | Friedrich Vorwerk Group SE | 23256 | 1587955 |
|  | FUCHS SE | 126009 | 4844149 |
|  | GEA Group AG | 514790 | 33584738 |
|  | Gerresheimer AG | 175816 | 11928709 |
|  | Gesco SE | 51345 | 938106 |
|  | GFT Technologies SE | 119509 | 3375310 |
|  | Grenke AG | 96618 | 1481021 |
|  | H&R GmbH & Co. KGaA | 71674 | 331025 |
|  | Hawesko Holding SE | 313 | 8811 |
|  \* | Heidelberger Druckmaschinen AG | 1538797 | 2118270 |
|  #\* | HelloFresh SE | 755113 | 7862846 |
|  | Hensoldt AG | 333222 | 25814300 |
|  | Hornbach Holding AG & Co. KGaA | 52423 | 5902155 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | HUGO BOSS AG | 238458 | $9945918 |
|  | Indus Holding AG | 73991 | 2084413 |
|  | Init Innovation in Traffic Systems SE | 38395 | 1709436 |
|  W | Instone Real Estate Group SE | 100940 | 933672 |
|  | IVU Traffic Technologies AG | 52179 | 1110039 |
|  | Jenoptik AG | 267523 | 5341046 |
|  W | JOST Werke SE | 21852 | 1229741 |
|  | K&S AG | 744928 | 12992946 |
|  | KION Group AG | 416672 | 17731869 |
|  | Kloeckner & Co. SE | 83904 | 675349 |
|  # | Knaus Tabbert AG | 6420 | 96118 |
|  #\* | Koenig & Bauer AG | 75375 | 1394747 |
|  | Krones AG | 100284 | 14658325 |
|  | KSB SE & Co. KGaA | 3257 | 3125483 |
|  | KWS Saat SE & Co. KGaA | 79102 | 4991201 |
|  | Lanxess AG | 424872 | 12756351 |
|  | LEG Immobilien SE | 402018 | 34078739 |
|  | Leifheit AG | 56025 | 1380451 |
|  \* | Mediclin AG | 21220 | 70338 |
|  \* | Medios AG | 40460 | 537312 |
|  | MLP SE | 466073 | 4225926 |
|  # | Mutares SE & Co. KGaA | 20493 | 749291 |
|  #\* | Nagarro SE | 44229 | 3153139 |
|  \* | Nordex SE | 250062 | 4681994 |
|  | Norma Group SE | 180061 | 2263022 |
|  | Patrizia SE | 293577 | 2462209 |
|  \* | Pentixapharm Holding AG | 79755 | 262003 |
|  | Pfeiffer Vacuum Technology AG | 13512 | 2380543 |
|  | ProCredit Holding AG | 6636 | 76258 |
|  | ProSiebenSat.1 Media SE | 795006 | 5548119 |
|  | Puma SE (PUM GR) | 452059 | 11672547 |
|  #\* | PVA TePla AG | 117719 | 2188537 |
|  | PWO AG | 8558 | 279856 |
|  \* | q.beyond AG | 631554 | 573679 |
|  \* | R Stahl AG | 14952 | 303064 |
|  | Rational AG | 633 | 543136 |
|  | SAF-Holland SE | 234830 | 4260790 |
|  | Salzgitter AG | 128832 | 3183745 |
|  | Schaeffler AG | 32558 | 140505 |
|  | Schloss Wachenheim AG | 6929 | 115312 |
|  | Secunet Security Networks AG | 9618 | 2242750 |
|  #\* | SGL Carbon SE | 312035 | 1248129 |
|  | Siltronic AG | 82724 | 3363609 |
|  | Sixt SE | 64774 | 6158276 |

---

918

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##### [**Table of Contents**](#toc)
**THE CONTINENTAL SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | SMA Solar Technology AG | 44384 | $| 769762 |
|  | Stabilus SE | 142382 |  | 3949424 |
|  | STRATEC SE | 33286 |  | 905659 |
|  | Stroeer SE & Co. KGaA | 193372 |  | 11546517 |
|  # | Suedzucker AG | 377566 |  | 5083522 |
|  \* | Surteco Group SE | 47139 |  | 857420 |
|  | SUSS MicroTec SE | 143891 |  | 5540696 |
|  \* | TAG Immobilien AG | 1175808 |  | 19143258 |
|  | Takkt AG | 180410 |  | 1558288 |
|  \*W | TeamViewer SE | 735586 |  | 11300606 |
|  | Technotrans SE | 36431 |  | 744055 |
|  | thyssenkrupp AG | 2434818 |  | 27923127 |
|  \* | TUI AG | 2283309 |  | 17568897 |
|  | United Internet AG | 435652 |  | 9879196 |
|  # | Verbio SE | 100018 |  | 1180455 |
|  | Vossloh AG | 68864 |  | 5440554 |
|  | Wacker Chemie AG | 83886 |  | 6341412 |
|  | Wacker Neuson SE | 207598 |  | 5582469 |
|  | Washtec AG | 74537 |  | 3591662 |
|  \* | Westwing Group SE | 14210 |  | 123545 |
|  | Wuestenrot & Wuerttembergische AG | 138739 |  | 2234614 |
|  \*W | Zalando SE | 296776 |  | 10837154 |
|  | Zeal Network SE | 5501 |  | 280257 |
|  TOTAL GERMANY | TOTAL GERMANY | TOTAL GERMANY |  | 667925277 |
|  GREECE — (0.0%) | GREECE — (0.0%) | GREECE — (0.0%) | GREECE — (0.0%) | GREECE — (0.0%) |
|  \*†† | Neorion Holdings SA | 14991 |  | 0 |
|  GREENLAND — (0.0%) | GREENLAND — (0.0%) | GREENLAND — (0.0%) | GREENLAND — (0.0%) | GREENLAND — (0.0%) |
|  | GronlandsBANKEN AS | 1125 |  | 130882 |
|  IRELAND — (0.6%) | IRELAND — (0.6%) | IRELAND — (0.6%) | IRELAND — (0.6%) | IRELAND — (0.6%) |
|  | Cairn Homes PLC | 2629336 |  | 5792499 |
|  | Dalata Hotel Group PLC | 593044 |  | 3398998 |
|  | FBD Holdings PLC (FBD ID) | 17353 |  | 252965 |
|  | FBD Holdings PLC (FBH LN) | 125459 |  | 1833429 |
|  | Glanbia PLC (GLB ID) | 298453 |  | 3863532 |
|  | Glanbia PLC (GLB LN) | 700614 |  | 9399715 |
|  \*W | Glenveagh Properties PLC | 1476226 |  | 2766815 |
|  | Irish Continental Group PLC (IR5B ID) | 825575 |  | 4877065 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  IRELAND — (Continued) | IRELAND — (Continued) | IRELAND — (Continued) | IRELAND — (Continued) | IRELAND — (Continued) |
|  \* | Permanent TSB Group Holdings PLC | 273432 | $| 478654 |
|  TOTAL IRELAND | TOTAL IRELAND | TOTAL IRELAND |  | 32663672 |
|  ISRAEL — (1.9%) | ISRAEL — (1.9%) | ISRAEL — (1.9%) | ISRAEL — (1.9%) | ISRAEL — (1.9%) |
|  #\* | Adgar Investment & Development Ltd. | 105459 |  | 123605 |
|  #\* | Afcon Holdings Ltd. | 3064 |  | 156009 |
|  #\* | AFI Properties Ltd. | 100052 |  | 5061254 |
|  | Africa Israel Residences Ltd. | 20736 |  | 1371890 |
|  #\* | Alarum Technologies Ltd. | 10500 |  | 7335 |
|  #\* | Allot Ltd. | 171830 |  | 1015207 |
|  \* | Alrov Properties & Lodgings Ltd. | 49832 |  | 2665744 |
|  | Arad Ltd. | 31707 |  | 449248 |
|  | Aryt Industries Ltd. | 18534 |  | 119078 |
|  \* | Ashdod Refinery Ltd. | 36568 |  | 600799 |
|  | Atreyu Capital Markets Ltd. | 828 |  | 16160 |
|  | AudioCodes Ltd. (AUDC IT) | 25347 |  | 239581 |
|  | AudioCodes Ltd. (AUDC US) | 5644 |  | 52941 |
|  | Automatic Bank Services Ltd. | 16866 |  | 104277 |
|  \* | Avgol Industries 1953 Ltd. | 468925 |  | 195906 |
|  # | Azorim-Investment Development & Construction Co. Ltd. | 507009 |  | 2336197 |
|  \* | Bet Shemesh Engines Holdings 1997 Ltd. | 34921 |  | 4673522 |
|  | Blue Square Real Estate Ltd. | 36303 |  | 3091645 |
|  | Carasso Motors Ltd. | 137415 |  | 1058311 |
|  \* | Cellcom Israel Ltd. (CEL IT) | 453485 |  | 2871667 |
|  \* | Ceragon Networks Ltd. | 266244 |  | 580412 |
|  #\* | Cielo-Blu Group Ltd. | 11076 |  | 13208 |
|  #\* | Compugen Ltd. | 131543 |  | 189547 |
|  | Danel Adir Yeoshua Ltd. | 24067 |  | 2601046 |
|  | Danya Cebus Ltd. | 1467 |  | 42326 |
|  \* | Delek Automotive Systems Ltd. | 102904 |  | 741544 |
|  | Delta Galil Ltd. | 65527 |  | 3089806 |

---

919

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##### [**Table of Contents**](#toc)
**THE CONTINENTAL SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Direct Finance of Direct Group 2006 Ltd. | 676 | $100619 |
|  \* | Dor Alon Energy in Israel 1988 Ltd. | 10173 | 329317 |
|  #\* | Doral Group Renewable Energy Resources Ltd. | 125646 | 418220 |
|  | Duniec Brothers Ltd. | 489 | 29493 |
|  #\* | El Al Israel Airlines | 247794 | 757386 |
|  | Electra Consumer Products 1970 Ltd. | 60700 | 1671706 |
|  | Electra Real Estate Ltd. | 879 | 10908 |
|  #\* | Electreon Wireless Ltd. | 4650 | 101717 |
|  \* | Ellomay Capital Ltd. | 2597 | 37818 |
|  \* | Equital Ltd. | 111953 | 4199086 |
|  # | FMS Enterprises Migun Ltd. | 19186 | 925596 |
|  | Formula Systems 1985 Ltd. (FORTY IT) | 49575 | 4377022 |
|  | Formula Systems 1985 Ltd. (FORTY US), Sponsored ADR | 495 | 42872 |
|  | Fox Wizel Ltd. | 43805 | 3684342 |
|  | Gav-Yam Lands Corp. Ltd. | 19191 | 170622 |
|  #\* | Gilat Satellite Networks Ltd. | 207925 | 1318924 |
|  \* | Hagag Group Real Estate Development | 26721 | 122859 |
|  | Hilan Ltd. | 23409 | 1494559 |
|  | IDI Insurance Co. Ltd. | 37805 | 1770475 |
|  \* | IES Holdings Ltd. | 1768 | 105341 |
|  | Ilex Medical Ltd. | 4067 | 67387 |
|  # | Inrom Construction Industries Ltd. | 403832 | 1692557 |
|  | Isracard Ltd. | 441294 | 2078167 |
|  # | Israel Canada TR Ltd. | 129481 | 421459 |
|  | Israel Shipyards Industries Ltd. | 2132 | 77157 |
|  | Isras Investment Co. Ltd. | 7014 | 1512665 |
|  # | Issta Ltd. | 22740 | 520812 |
|  | Kamada Ltd. (KMDA IT) | 203071 | 1322146 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Kardan Real Estate Enterprise & Development Ltd. | 61338 | $89872 |
|  | Kerur Holdings Ltd. | 32360 | 694637 |
|  | Klil Industries Ltd. | 5560 | 309626 |
|  | Kvutzat Acro Ltd. | 33088 | 447276 |
|  | Lahav L.R. Real Estate Ltd. | 9407 | 12244 |
|  # | Land Development Nimrodi Group Ltd. | 93787 | 736955 |
|  # | Lapidoth Capital Ltd. | 1086 | 18722 |
|  | M Yochananof & Sons Ltd. | 10049 | 679627 |
|  | Magic Software Enterprises Ltd. (MGIC IT) | 134709 | 1863012 |
|  | Magic Software Enterprises Ltd. (MGIC US) | 1403 | 19418 |
|  \* | Malam - Team Ltd. | 11092 | 226593 |
|  | Matrix IT Ltd. | 43714 | 1069989 |
|  | Max Stock Ltd. | 61376 | 234513 |
|  # | Maytronics Ltd. | 102163 | 115518 |
|  | Mediterranean Towers Ltd. | 379849 | 1150085 |
|  | Mega Or Holdings Ltd. | 90568 | 3079497 |
|  | Meitav Investment House Ltd. | 194223 | 2502224 |
|  # | Meshulam Levinstein Contracting & Engineering Ltd. | 780 | 82762 |
|  | Mivtach Shamir Holdings Ltd. | 31365 | 2171209 |
|  | Mizrahi Tefahot Bank Ltd. | 1 | 53 |
|  # | Nawi Group Ltd. | 73059 | 996909 |
|  \* | Nayax Ltd. | 12569 | 527699 |
|  | Neto Malinda Trading Ltd. | 7346 | 222202 |
|  \* | Neto ME Holdings Ltd. | 3661 | 169751 |
|  | Novolog Ltd. | 200415 | 83498 |
|  | Oil Refineries Ltd. | 10677656 | 2680882 |
|  | One Software Technologies Ltd. | 90670 | 1712955 |
|  \* | OY Nofar Energy Ltd. | 2950 | 69046 |
|  | Palram Industries 1990 Ltd. | 4840 | 102985 |
|  # | Partner Communications Co. Ltd. | 616439 | 4095438 |
|  | Paz Retail & Energy Ltd. | 39958 | 5641927 |

---

920

------

##### [**Table of Contents**](#toc)
**THE CONTINENTAL SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  \* | Perion Network Ltd. | 41241 | $| 389242 |
|  | Plasson Industries Ltd. | 19120 |  | 1049169 |
|  | Prashkovsky Investments & Construction Ltd. | 27381 |  | 705587 |
|  #\* | Priortech Ltd. | 31134 |  | 1264822 |
|  | Qualitau Ltd. | 1997 |  | 112165 |
|  # | Rami Levy Chain Stores Hashikma Marketing 2006 Ltd. | 47534 |  | 3636857 |
|  \* | Rani Zim Shopping Centers Ltd. | 26927 |  | 32855 |
|  | Retailors Ltd. | 18402 |  | 379820 |
|  #\* | Scope Metals Group Ltd. | 45767 |  | 1581887 |
|  | Summit Real Estate Holdings Ltd. | 215637 |  | 3180850 |
|  | Suny Cellular Communication Ltd. | 187376 |  | 60415 |
|  | Tadiran Group Ltd. | 14575 |  | 809167 |
|  W | Tamar Petroleum Ltd. | 81235 |  | 767579 |
|  | Tel Aviv Stock Exchange Ltd. | 112653 |  | 1385100 |
|  | Telsys Ltd. | 1180 |  | 55598 |
|  \* | Tera Light Ltd. | 45638 |  | 115424 |
|  | Tiv Taam Holdings 1 Ltd. | 39749 |  | 83541 |
|  | Victory Supermarket Chain Ltd. | 5213 |  | 62364 |
|  TOTAL ISRAEL | TOTAL ISRAEL | TOTAL ISRAEL |  | 110309063 |
|  ITALY — (8.8%) | ITALY — (8.8%) | ITALY — (8.8%) | ITALY — (8.8%) | ITALY — (8.8%) |
|  | A2A SpA | 8218896 |  | 20902870 |
|  \* | Abitare In SpA | 1909 |  | 6944 |
|  | ACEA SpA | 245241 |  | 5761358 |
|  #\* | Aeffe SpA | 177250 |  | 121571 |
|  | Amplifon SpA | 654111 |  | 12518995 |
|  | Arnoldo Mondadori Editore SpA | 992688 |  | 2416116 |
|  | Ascopiave SpA | 432784 |  | 1619626 |
|  | Avio SpA | 76964 |  | 1672637 |
|  | Azimut Holding SpA | 552386 |  | 15350323 |
|  | Banca Generali SpA | 331041 |  | 19639906 |
|  | Banca IFIS SpA | 151337 |  | 3791927 |
|  # | Banca Monte dei Paschi di Siena SpA | 5051111 |  | 42716118 |
|  | Banca Popolare di Sondrio SpA | 1963753 |  | 24607548 |
|  # | Banca Profilo SpA | 1651684 |  | 340441 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
|  W | Banca Sistema SpA | 335410 | $628409 |
|  # | Banco di Desio e della Brianza SpA | 244337 | 2096323 |
|  W | BFF Bank SpA | 949554 | 8995890 |
|  # | Biesse SpA | 38393 | 307348 |
|  # | BPER Banca SpA | 2985713 | 24250211 |
|  # | Brunello Cucinelli SpA | 180266 | 20351971 |
|  | Buzzi SpA | 441099 | 23114958 |
|  | Cairo Communication SpA | 349136 | 1140572 |
|  W | Carel Industries SpA | 1486 | 29783 |
|  | Cembre SpA | 10631 | 587922 |
|  \* | CIR SpA-Compagnie Industriali | 2713555 | 1800328 |
|  | Credito Emiliano SpA | 494654 | 6800403 |
|  # | Danieli & C Officine Meccaniche SpA (DAN IM) | 89250 | 3073824 |
|  | Danieli & C Officine Meccaniche SpA (DANR IM) | 148854 | 4028757 |
|  | Datalogic SpA | 61179 | 295988 |
|  #\* | Digital Bros SpA | 34830 | 471730 |
|  #\*W | doValue SpA | 177687 | 366344 |
|  | Emak SpA | 376132 | 336863 |
|  W | Enav SpA | 770677 | 3412694 |
|  # | ERG SpA | 185864 | 3802362 |
|  \* | Esprinet SpA | 164535 | 982594 |
|  | Fiera Milano SpA | 38749 | 225318 |
|  | Fila SpA | 162214 | 2113366 |
|  \* | Fincantieri SpA | 41085 | 535260 |
|  #\*†† | Finmatica SpA | 5960 | 0 |
|  # | FNM SpA | 1095976 | 496774 |
|  # | Gefran SpA | 35925 | 371757 |
|  #\* | Geox SpA | 268574 | 113087 |
|  | GPI SpA | 24149 | 252197 |
|  | Hera SpA | 4283801 | 20280483 |
|  # | IMMSI SpA | 997787 | 564650 |
|  | Intercos SpA | 34623 | 521152 |
|  | Iren SpA | 3483285 | 9944533 |
|  # | Italgas SpA | 2282731 | 18754958 |
|  # | Italmobiliare SpA | 79015 | 2199902 |
|  | LU-VE SpA | 5488 | 177539 |
|  # | Maire SpA | 956295 | 10328515 |
|  #\*†† | Mariella Burani Fashion Group SpA | 22744 | 0 |
|  # | MARR SpA | 5826 | 64449 |
|  | Moltiply Group SpA | 126668 | 6276609 |
|  \* | Newlat Food SpA | 24519 | 476972 |
|  #\*W | Nexi SpA | 2382257 | 13914903 |
|  | Orsero SpA | 44592 | 662753 |
|  W | OVS SpA | 1174566 | 4239321 |
|  | Pharmanutra SpA | 10106 | 618964 |

---

921

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##### [**Table of Contents**](#toc)
**THE CONTINENTAL SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
|  # | Piaggio & C SpA | 794675 | $| 1559992 |
|  W | Pirelli & C SpA | 1465343 |  | 9059481 |
|  W | RAI Way SpA | 505631 |  | 3463288 |
|  | Reply SpA | 123280 |  | 22009107 |
|  | Rizzoli Corriere Della Sera Mediagroup SpA | 837029 |  | 931905 |
|  # | Sabaf SpA | 54356 |  | 923034 |
|  #\* | Safilo Group SpA | 275375 |  | 225168 |
|  #\* | Saipem SpA | 1773906 |  | 4097669 |
|  # | Salvatore Ferragamo SpA | 102072 |  | 639519 |
|  # | Sanlorenzo SpA | 25699 |  | 825029 |
|  #\* | Seco SpA | 21231 |  | 44088 |
|  #\* | Seri Industrial SpA | 3574 |  | 8599 |
|  | Sesa SpA | 53003 |  | 4479773 |
|  # | Sogefi SpA | 312879 |  | 735845 |
|  | SOL SpA | 219864 |  | 10038263 |
|  # | Spaxs SpA | 207950 |  | 821430 |
|  | Tamburi Investment Partners SpA | 790266 |  | 6765114 |
|  W | Technogym SpA | 756838 |  | 10227028 |
|  \* | Telecom Italia SpA (TIT IM) | 38275310 |  | 15158337 |
|  \* | Telecom Italia SpA (TITR IM) | 656887 |  | 292163 |
|  \* | TREVI - Finanziaria Industriale SpA | 405238 |  | 123683 |
|  | TXT e-solutions SpA | 3886 |  | 138920 |
|  | Unipol Assicurazioni SpA | 2764604 |  | 49587900 |
|  # | Webuild SpA | 2564009 |  | 9302388 |
|  # | Wiit SpA | 11501 |  | 201422 |
|  # | Zignago Vetro SpA | 2092 |  | 21042 |
|  TOTAL ITALY | TOTAL ITALY | TOTAL ITALY |  | 503155303 |
|  LIECHTENSTEIN — (0.1%) | LIECHTENSTEIN — (0.1%) | LIECHTENSTEIN — (0.1%) | LIECHTENSTEIN — (0.1%) | LIECHTENSTEIN — (0.1%) |
|  | Liechtensteinische Landesbank AG | 65937 |  | 6053917 |
|  | VP Bank AG, Class A | 18635 |  | 1857859 |
|  TOTAL LIECHTENSTEIN | TOTAL LIECHTENSTEIN | TOTAL LIECHTENSTEIN |  | 7911776 |
|  LUXEMBOURG — (1.0%) | LUXEMBOURG — (1.0%) | LUXEMBOURG — (1.0%) | LUXEMBOURG — (1.0%) | LUXEMBOURG — (1.0%) |
|  | Aperam SA | 188310 |  | 5479337 |
|  \* | Aroundtown SA | 4486255 |  | 13403175 |
|  W | B&S Group SARL | 39302 |  | 258966 |
|  W | Befesa SA | 202363 |  | 6153269 |
|  | d'Amico International Shipping SA | 252474 |  | 936363 |
|  \* | Grand City Properties SA | 409615 |  | 4888844 |
|  \* | InPost SA | 476762 |  | 8053408 |
|  # | RTL Group SA | 151882 |  | 6228765 |
|  # | SES SA | 1939196 |  | 10281612 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  LUXEMBOURG — (Continued) | LUXEMBOURG — (Continued) | LUXEMBOURG — (Continued) | LUXEMBOURG — (Continued) | LUXEMBOURG — (Continued) |
|  # | Sword Group | 39003 | $| 1383155 |
|  TOTAL LUXEMBOURG | TOTAL LUXEMBOURG | TOTAL LUXEMBOURG |  | 57066894 |
|  MONACO — (0.1%) | MONACO — (0.1%) | MONACO — (0.1%) | MONACO — (0.1%) | MONACO — (0.1%) |
|  | Societe des Bains de Mer et du Cercle des Etrangers a Monaco | 37677 |  | 4345882 |
|  NETHERLANDS — (4.8%) | NETHERLANDS — (4.8%) | NETHERLANDS — (4.8%) | NETHERLANDS — (4.8%) | NETHERLANDS — (4.8%) |
|  | Aalberts NV | 623215 |  | 20694866 |
|  | Acomo NV | 61735 |  | 1517275 |
|  \* | AFC Ajax NV | 13955 |  | 158413 |
|  #\*W | Alfen NV | 26621 |  | 468066 |
|  # | AMG Critical Materials NV | 104457 |  | 1861789 |
|  | Arcadis NV | 455920 |  | 22108052 |
|  \* | Argo Properties NV | 5182 |  | 159483 |
|  #\* | Avantium NV | 19708 |  | 17171 |
|  #\*W | Basic-Fit NV | 246124 |  | 5594287 |
|  # | Brembo NV | 552680 |  | 5167942 |
|  # | Brunel International NV | 97045 |  | 1023740 |
|  | Cementir Holding NV | 344436 |  | 5647232 |
|  | Corbion NV | 303749 |  | 6495797 |
|  | COSMO Pharmaceuticals NV | 19438 |  | 1127284 |
|  #W | CTP NV | 235502 |  | 4423443 |
|  \* | Fastned BV | 409 |  | 9163 |
|  | Flow Traders Ltd. | 153218 |  | 4536591 |
|  | ForFarmers NV | 191984 |  | 916191 |
|  # | Fugro NV | 473788 |  | 5556402 |
|  | IMCD NV | 150348 |  | 19993374 |
|  | Iveco Group NV | 796858 |  | 12730675 |
|  # | Kendrion NV | 76705 |  | 893168 |
|  | Koninklijke BAM Groep NV | 1911457 |  | 12947811 |
|  | Koninklijke Heijmans NV | 154593 |  | 7918104 |
|  | Koninklijke Vopak NV | 381357 |  | 15769368 |
|  | MFE-MediaForEurope NV (MFEA IM), Class A | 897309 |  | 3263765 |
|  # | MFE-MediaForEurope NV (MFEB IM), Class B | 316964 |  | 1542609 |
|  # | Nedap NV | 33400 |  | 2306233 |
|  # | OCI NV | 432381 |  | 3592492 |
|  #\* | Pharming Group NV | 2753627 |  | 2435459 |
|  | Pluxee NV | 160030 |  | 3599010 |
|  # | PostNL NV | 1338358 |  | 1366489 |
|  # | Randstad NV | 539495 |  | 21655170 |
|  | SBM Offshore NV | 604342 |  | 12705730 |

---

922

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##### [**Table of Contents**](#toc)
**THE CONTINENTAL SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) |
|  #\* | SIF Holding NV | 40013 | $| 422169 |
|  W | Signify NV | 594729 |  | 12328180 |
|  # | Sligro Food Group NV | 115288 |  | 1557319 |
|  | Technip Energies NV | 782314 |  | 26695789 |
|  | TKH Group NV | 219835 |  | 8685715 |
|  #\* | TomTom NV | 319546 |  | 1689029 |
|  | Van Lanschot Kempen NV | 158421 |  | 9249805 |
|  TOTAL NETHERLANDS | TOTAL NETHERLANDS | TOTAL NETHERLANDS |  | 270830650 |
|  NORWAY — (1.5%) | NORWAY — (1.5%) | NORWAY — (1.5%) | NORWAY — (1.5%) | NORWAY — (1.5%) |
|  # | 2020 Bulkers Ltd. | 94666 |  | 1011788 |
|  | ABG Sundal Collier Holding ASA | 1966560 |  | 1241929 |
|  | AF Gruppen ASA | 5046 |  | 72423 |
|  \* | Akastor ASA | 594497 |  | 639685 |
|  # | Aker BioMarine ASA | 18649 |  | 95295 |
|  | Aker Solutions ASA | 73234 |  | 198765 |
|  | AMSC ASA | 265196 |  | 681506 |
|  \* | Archer Ltd. | 142932 |  | 281266 |
|  #\* | ArcticZymes Technologies ASA | 83850 |  | 133319 |
|  | Arendals Fossekompani ASA | 1452 |  | 18047 |
|  | Atea ASA | 363814 |  | 4977750 |
|  #\* | Axactor ASA | 684941 |  | 309153 |
|  | B2 Impact ASA | 1080438 |  | 1183241 |
|  \* | Bluenord ASA | 37925 |  | 2172591 |
|  | Bonheur ASA | 137587 |  | 3185895 |
|  | Borregaard ASA | 222499 |  | 3828275 |
|  | Bouvet ASA | 90554 |  | 698851 |
|  | BW Offshore Ltd. | 454614 |  | 1245920 |
|  \* | Cloudberry Clean Energy ASA | 109836 |  | 131353 |
|  \*W | Crayon Group Holding ASA | 291826 |  | 3495294 |
|  | DNO ASA | 1731454 |  | 1974764 |
|  \*W | Elkem ASA | 1052204 |  | 1850907 |
|  W | Elmera Group ASA | 276674 |  | 986206 |
|  | Elopak ASA | 144260 |  | 588973 |
|  \* | Endur ASA | 2202 |  | 17598 |
|  W | Europris ASA | 1007539 |  | 7470256 |
|  # | FLEX LNG Ltd. (FLNG NO) | 134726 |  | 3250411 |
|  #\* | FLEX LNG Ltd. (FLNG US) | 5649 |  | 133260 |
|  # | Grieg Seafood ASA | 195921 |  | 1236235 |
|  #\* | Hexagon Composites ASA | 588778 |  | 1061718 |
|  #\* | Hexagon Purus ASA | 152060 |  | 28152 |
|  W | Kid ASA | 75893 |  | 1066290 |
|  | Kitron ASA | 876593 |  | 4342896 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
|  W | Klaveness Combination Carriers ASA | 66520 | $386216 |
|  #\* | Kongsberg Automotive ASA | 2870176 | 372947 |
|  \* | LINK Mobility Group Holding ASA | 713362 | 1679845 |
|  # | Magnora ASA | 136755 | 290033 |
|  | Medistim ASA | 2163 | 33412 |
|  | Morrow Bank ASA | 33724 | 32560 |
|  | MPC Container Ships ASA | 1851693 | 2738196 |
|  W | Multiconsult ASA | 2534 | 46316 |
|  #\* | NEL ASA | 310883 | 67314 |
|  | Norbit ASA | 71181 | 977579 |
|  \* | Nordic Mining ASA | 71130 | 143042 |
|  #\*W | Norske Skog ASA | 136628 | 238508 |
|  \* | Northern Ocean Ltd. | 113801 | 64400 |
|  \* | Norwegian Air Shuttle ASA | 842208 | 1112193 |
|  \* | NRC Group ASA | 31346 | 14904 |
|  | Odfjell Drilling Ltd. | 482369 | 2510865 |
|  | Odfjell SE, Class A | 129774 | 1224460 |
|  | Odfjell Technology Ltd. | 107420 | 427412 |
|  \* | OKEA ASA | 206616 | 325411 |
|  #W | Okeanis Eco Tankers Corp. | 44427 | 1038862 |
|  | Olav Thon Eiendomsselskap ASA | 2884 | 71745 |
|  \* | Otello Corp. ASA | 13451 | 12499 |
|  | Panoro Energy ASA | 289120 | 631994 |
|  | Pareto Bank ASA | 73890 | 524486 |
|  | Pexip Holding ASA | 175099 | 665543 |
|  \* | PhotoCure ASA | 103955 | 538056 |
|  | Protector Forsikring ASA | 84407 | 2970743 |
|  | Rana Gruber ASA | 98940 | 704322 |
|  #\* | REC Silicon ASA | 953615 | 194514 |
|  #\* | Salmon Evolution ASA | 400285 | 234151 |
|  \* | SATS ASA | 195582 | 706562 |
|  #\*W | Scatec ASA | 518802 | 3959313 |
|  | SD Standard ETC PLC | 271994 | 49321 |
|  | Sea1 offshore, Inc. | 37563 | 71056 |
|  | Selvaag Bolig ASA | 207216 | 695539 |
|  #\*W | Shelf Drilling Ltd. | 694700 | 314821 |
|  #\* | SmartCraft ASA | 10481 | 26157 |
|  #†† | Solstad Maritime Holding AS | 37831 | 27273 |
|  \* | Solstad Offshore ASA | 24422 | 89159 |
|  | Sparebanken More | 3278 | 31508 |

---

923

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##### [**Table of Contents**](#toc)
**THE CONTINENTAL SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
|  | Sparebanken Sor | 3496 | $| 68400 |
|  | Stolt-Nielsen Ltd. | 6894 |  | 154785 |
|  | Veidekke ASA | 531933 |  | 8003989 |
|  | Wilh Wilhelmsen Holding ASA, Class A | 26408 |  | 984121 |
|  TOTAL NORWAY | TOTAL NORWAY | TOTAL NORWAY |  | 85064544 |
|  PORTUGAL — (1.2%) | PORTUGAL — (1.2%) | PORTUGAL — (1.2%) | PORTUGAL — (1.2%) | PORTUGAL — (1.2%) |
|  # | Altri SGPS SA | 332589 |  | 2288578 |
|  | Banco Comercial Portugues SA, Class R | 54867978 |  | 35093467 |
|  | Corticeira Amorim SGPS SA | 139239 |  | 1202813 |
|  | CTT-Correios de Portugal SA | 429193 |  | 3780561 |
|  # | Ibersol SGPS SA | 76745 |  | 808928 |
|  # | Mota-Engil SGPS SA | 224824 |  | 892385 |
|  # | Navigator Co. SA | 1487163 |  | 5643743 |
|  | NOS SGPS SA | 846475 |  | 3532693 |
|  | REN - Redes Energeticas Nacionais SGPS SA | 2287055 |  | 7506517 |
|  | Semapa-Sociedade de Investimento e Gestao | 17419 |  | 326496 |
|  | Sonae SGPS SA | 5742005 |  | 7291977 |
|  TOTAL PORTUGAL | TOTAL PORTUGAL | TOTAL PORTUGAL |  | 68368158 |
|  SPAIN — (6.8%) | SPAIN — (6.8%) | SPAIN — (6.8%) | SPAIN — (6.8%) | SPAIN — (6.8%) |
|  | Acciona SA | 110881 |  | 16157948 |
|  | Acerinox SA | 675799 |  | 7637393 |
|  \*†† | Adveo Group International SA | 84445 |  | 0 |
|  W | Aedas Homes SA | 42088 |  | 1358311 |
|  | Alantra Partners SA | 60724 |  | 602791 |
|  | Almirall SA | 388233 |  | 4307735 |
|  #\* | Amper SA | 7026253 |  | 1155620 |
|  | Atresmedia Corp. de Medios de Comunicacion SA | 376795 |  | 2378670 |
|  | Audax Renovables SA | 252705 |  | 434100 |
|  | Azkoyen SA | 67253 |  | 581480 |
|  | Banco de Sabadell SA | 35081456 |  | 102360089 |
|  # | Bankinter SA | 2653541 |  | 30910930 |
|  # | CIE Automotive SA | 342627 |  | 9057585 |
|  | Construcciones y Auxiliar de Ferrocarriles SA | 103752 |  | 5071185 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) |
|  # | Corp. ACCIONA Energias Renovables SA | 39846 | $744850 |
|  \* | Distribuidora Internacional de Alimentacion SA | 4617 | 119289 |
|  # | Ebro Foods SA | 401533 | 7842888 |
|  #\* | eDreams ODIGEO SA | 403870 | 3378219 |
|  # | Elecnor SA | 194344 | 4166440 |
|  | Enagas SA | 1020450 | 15910701 |
|  # | Ence Energia y Celulosa SA | 596521 | 1923686 |
|  | Ercros SA | 590023 | 1997041 |
|  | Faes Farma SA | 1808882 | 8783259 |
|  | Fluidra SA | 405339 | 9384240 |
|  #W | Gestamp Automocion SA | 693014 | 2070138 |
|  #W | Global Dominion Access SA | 427572 | 1412146 |
|  \* | Grenergy Renovables SA | 3875 | 222609 |
|  \* | Grifols SA | 483718 | 4580143 |
|  | Grupo Catalana Occidente SA | 257703 | 14352179 |
|  | Grupo Empresarial San Jose SA | 141180 | 926499 |
|  | Iberpapel Gestion SA (IBG SM) | 47614 | 1099129 |
|  # | Indra Sistemas SA | 533795 | 17019454 |
|  # | Laboratorio Reig Jofre SA | 15329 | 50634 |
|  | Laboratorios Farmaceuticos Rovi SA | 92151 | 5402344 |
|  # | Linea Directa Aseguradora SA Cia de Seguros y Reaseguros | 2889715 | 4197541 |
|  | Logista Integral SA | 310609 | 10619194 |
|  | Mapfre SA | 3920535 | 13957104 |
|  | Melia Hotels International SA | 489034 | 3550007 |
|  #W | Metrovacesa SA | 27648 | 349472 |
|  | Miquel y Costas & Miquel SA | 185363 | 2833357 |
|  #W | Neinor Homes SA | 114915 | 2000380 |
|  #\* | Obrascon Huarte Lain SA | 3117009 | 1094844 |
|  #\* | Oryzon Genomics SA | 35547 | 106479 |
|  | Pharma Mar SA | 60597 | 5133257 |
|  | Prim SA | 40283 | 467014 |

---

924

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##### [**Table of Contents**](#toc)
**THE CONTINENTAL SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) |
|  \* | Promotora de Informaciones SA, Class A | 1330083 | $| 598268 |
|  W | Prosegur Cash SA | 752761 |  | 654966 |
|  # | Realia Business SA | 1649762 |  | 1684412 |
|  | Renta 4 Banco SA | 442 |  | 6621 |
|  | Sacyr SA | 2059437 |  | 7554295 |
|  #\* | Solaria Energia y Medio Ambiente SA | 194370 |  | 1465070 |
|  #\*†† | Soltec Power Holdings SA | 58317 |  | 79211 |
|  #\*W | Talgo SA | 521395 |  | 1889854 |
|  \* | Tecnicas Reunidas SA | 197950 |  | 3322222 |
|  # | Tubacex SA | 614854 |  | 2535674 |
|  \* | Tubos Reunidos SA | 34204 |  | 22386 |
|  #W | Unicaja Banco SA | 3741336 |  | 7131175 |
|  # | Vidrala SA | 129239 |  | 14086753 |
|  | Viscofan SA | 258450 |  | 18644956 |
|  # | Vocento SA | 339280 |  | 267778 |
|  TOTAL SPAIN | TOTAL SPAIN | TOTAL SPAIN |  | 387652015 |
|  SWEDEN — (6.3%) | SWEDEN — (6.3%) | SWEDEN — (6.3%) | SWEDEN — (6.3%) | SWEDEN — (6.3%) |
|  W | AcadeMedia AB | 491095 |  | 4041065 |
|  # | AddLife AB, Class B | 510764 |  | 9692797 |
|  # | Addnode Group AB | 590409 |  | 5082936 |
|  | AFRY AB | 442049 |  | 7658246 |
|  W | Alimak Group AB | 375399 |  | 4751250 |
|  | Alleima AB | 573063 |  | 4505608 |
|  # | Alligo AB, Class B | 157419 |  | 1797423 |
|  W | Ambea AB | 367624 |  | 4441098 |
|  \* | Annehem Fastigheter AB, Class B | 214348 |  | 350188 |
|  | AQ Group AB | 100937 |  | 1624227 |
|  | Arise AB | 21470 |  | 76658 |
|  # | Arjo AB, Class B | 1088701 |  | 3647208 |
|  # | Atrium Ljungberg AB, Class B | 124765 |  | 441783 |
|  W | Attendo AB | 543919 |  | 3702686 |
|  | Beijer Alma AB | 296567 |  | 6169137 |
|  | Bergman & Beving AB | 200531 |  | 6088149 |
|  | Betsson AB, Class B | 709028 |  | 12400236 |
|  \* | BHG Group AB | 716305 |  | 1711652 |
|  | Bilia AB, Class A | 514700 |  | 6441664 |
|  | BioGaia AB, Class B | 40500 |  | 431133 |
|  \* | BioInvent International AB | 59104 |  | 191910 |
|  # | Bjorn Borg AB | 13009 |  | 76736 |
|  \* | Bonava AB, Class B | 1376013 |  | 1832349 |
|  \*W | Boozt AB | 19562 |  | 170559 |
|  W | Bravida Holding AB | 938798 |  | 8945630 |
|  | Bufab AB | 214776 |  | 8877326 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | Bulten AB | 89808 | $548483 |
|  | Bure Equity AB | 156003 | 5256185 |
|  | Byggmax Group AB | 317424 | 1567622 |
|  | Catella AB | 94080 | 287973 |
|  | Catena AB | 56352 | 2652845 |
|  | Cellavision AB | 66715 | 1390849 |
|  | Cibus Nordic Real Estate AB publ | 195849 | 3389604 |
|  \* | Cint Group AB | 457900 | 345466 |
|  | Clas Ohlson AB, Class B | 260229 | 7371783 |
|  | Cloetta AB, Class B | 1091570 | 3175597 |
|  #W | Coor Service Management Holding AB | 537272 | 2164028 |
|  # | Corem Property Group AB (COREB SS), Class B | 3768972 | 1905917 |
|  | CTT Systems AB | 10788 | 227753 |
|  | Dios Fastigheter AB | 673652 | 4678006 |
|  W | Dometic Group AB | 466983 | 1683587 |
|  #\*W | Dustin Group AB | 1327257 | 470048 |
|  \* | Dynavox Group AB | 9997 | 90518 |
|  | Eastnine AB | 505684 | 2349262 |
|  # | Elanders AB, Class B | 74315 | 413717 |
|  # | Electrolux Professional AB, Class B | 708361 | 4104304 |
|  | Elekta AB, Class B | 1021505 | 5201628 |
|  \* | Eltel AB | 172532 | 140847 |
|  \* | Enea AB | 72647 | 496992 |
|  # | Engcon AB | 54796 | 524991 |
|  | Eolus Vind AB, Class B | 46496 | 224117 |
|  | Ependion AB | 100183 | 1197898 |
|  | Ework Group AB | 46094 | 695406 |
|  # | Fagerhult Group AB | 323685 | 1398932 |
|  # | Fasadgruppen Group AB | 10832 | 21830 |
|  \* | Fastighets AB Trianon**.** | 20413 | 40903 |
|  \* | Fastighetsbolaget Emilshus AB, Class B | 17064 | 80756 |
|  | FastPartner AB (FPARA SS), Class A | 88242 | 518496 |
|  | FastPartner AB (FPARD SS), Class D | 35 | 256 |
|  | G5 Entertainment AB | 21397 | 288589 |
|  | Granges AB | 803061 | 10030743 |
|  | Hanza AB | 140095 | 1037819 |
|  | Heba Fastighets AB, Class B | 339492 | 1025516 |

---

925

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##### [**Table of Contents**](#toc)
**THE CONTINENTAL SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  #\* | Hexatronic Group AB | 335371 | $887446 |
|  #\* | HMS Networks AB | 52687 | 2361647 |
|  \*W | Hoist Finance AB | 288342 | 2588539 |
|  | Hufvudstaden AB, Class A | 4060 | 49434 |
|  \* | Humana AB | 187684 | 793587 |
|  # | Instalco AB | 1024156 | 2839497 |
|  | INVISIO AB | 58370 | 2345922 |
|  | Inwido AB | 449118 | 9518022 |
|  | ITAB Shop Concept AB | 34700 | 91276 |
|  | JM AB | 364135 | 5809307 |
|  \* | Karnov Group AB | 111756 | 1048954 |
|  #\* | K-fast Holding AB | 32288 | 41892 |
|  \* | Klarabo Sverige AB, Class B | 22416 | 37596 |
|  | KNOW IT AB | 147348 | 2201626 |
|  # | Lime Technologies AB | 27059 | 1092280 |
|  | Lindab International AB | 565453 | 11888464 |
|  # | Loomis AB | 157968 | 6574853 |
|  \* | Maha Energy AB | 148058 | 61599 |
|  \* | Medcap AB | 22514 | 1015600 |
|  | MEKO AB | 213533 | 2803748 |
|  # | MIPS AB | 1310 | 46171 |
|  \* | Modern Times Group MTG AB, Class B | 437155 | 5237628 |
|  | Momentum Group AB | 184563 | 3047463 |
|  # | NCAB Group AB | 469379 | 2068504 |
|  | NCC AB, Class B | 489246 | 9108512 |
|  | Nederman Holding AB | 50101 | 874215 |
|  \* | Net Insight AB, Class B | 1760702 | 533079 |
|  | New Wave Group AB, Class B | 644123 | 7882030 |
|  \* | Nivika Fastigheter AB, Class B | 10217 | 42352 |
|  #\* | Nobia AB | 2720768 | 938965 |
|  | Nolato AB, Class B | 1528597 | 8588413 |
|  \* | Norion Bank AB | 341331 | 1389505 |
|  \* | Norva24 Group AB | 17804 | 66693 |
|  # | Note AB | 90967 | 1513370 |
|  # | NP3 Fastigheter AB | 157465 | 4103179 |
|  \* | Nyfosa AB | 1067086 | 10016663 |
|  | OEM International AB, Class B | 352163 | 5040291 |
|  #\* | Orron Energy AB | 1070270 | 533989 |
|  \* | Ovzon AB | 568 | 1475 |
|  | Peab AB, Class B | 817341 | 6798706 |
|  | Platzer Fastigheter Holding AB, Class B | 320761 | 2520792 |
|  | Prevas AB, Class B | 15620 | 157826 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  \* | Pricer AB, Class B | 774633 | $| 470790 |
|  | Proact IT Group AB | 206921 |  | 2475302 |
|  | Ratos AB, Class B | 1178695 |  | 4022644 |
|  | RaySearch Laboratories AB | 158279 |  | 4285753 |
|  | Rejlers AB | 948 |  | 17596 |
|  \* | Rottneros AB | 662504 |  | 411941 |
|  | Rvrc Holding AB | 115865 |  | 601212 |
|  | Scandi Standard AB | 360822 |  | 3287591 |
|  W | Scandic Hotels Group AB | 920206 |  | 7162184 |
|  \* | Sdiptech AB, Class B | 101271 |  | 2268011 |
|  \* | Sedana Medical AB | 35048 |  | 36980 |
|  \* | Sensys Gatso Group AB | 43904 |  | 193378 |
|  \*W | Sinch AB | 2650413 |  | 6161604 |
|  \* | Sivers Semiconductors AB | 68258 |  | 25477 |
|  | SkiStar AB | 305022 |  | 5282715 |
|  | Solid Forsakring AB | 89141 |  | 711909 |
|  \* | Stendorren Fastigheter AB | 6293 |  | 134235 |
|  \* | Stillfront Group AB | 1732265 |  | 888125 |
|  | Storskogen Group AB, Class B | 4769441 |  | 6283861 |
|  | Synsam AB | 89487 |  | 455320 |
|  | Systemair AB | 419312 |  | 3590812 |
|  \* | TF Bank AB | 5604 |  | 206184 |
|  | Troax Group AB | 219952 |  | 3048290 |
|  | Truecaller AB, Class B | 621985 |  | 4680724 |
|  | VBG Group AB, Class B | 66409 |  | 1859013 |
|  \* | Vestum AB | 62611 |  | 67113 |
|  | Vitec Software Group AB, Class B | 92305 |  | 4217506 |
|  | Vitrolife AB | 5790 |  | 94239 |
|  | Volati AB | 11330 |  | 139557 |
|  | XANO Industri AB, Class B | 5023 |  | 22306 |
|  TOTAL SWEDEN | TOTAL SWEDEN | TOTAL SWEDEN |  | 359812402 |
|  SWITZERLAND — (17.4%) | SWITZERLAND — (17.4%) | SWITZERLAND — (17.4%) | SWITZERLAND — (17.4%) | SWITZERLAND — (17.4%) |
|  | Accelleron Industries AG (ACLN SW) | 330405 |  | 17737602 |
|  | Adecco Group AG | 576916 |  | 15014932 |
|  | Allreal Holding AG | 110728 |  | 24397809 |
|  | ALSO Holding AG | 36016 |  | 10999482 |
|  | APG SGA SA | 8077 |  | 2179211 |
|  | Arbonia AG | 292971 |  | 2223261 |
|  \* | Aryzta AG | 4928090 |  | 12360445 |
|  | Ascom Holding AG | 211803 |  | 830703 |
|  | Autoneum Holding AG | 22372 |  | 3352913 |

---

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##### [**Table of Contents**](#toc)
**THE CONTINENTAL SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Avolta AG | 431730 | $19672969 |
|  | Baloise Holding AG | 115548 | 25706250 |
|  | Banque Cantonale de Geneve | 10177 | 3049450 |
|  | Banque Cantonale du Jura SA | 3848 | 284267 |
|  # | Banque Cantonale Vaudoise | 105743 | 13014597 |
|  | Barry Callebaut AG | 1304 | 1169055 |
|  | Belimo Holding AG | 54024 | 45902107 |
|  | Bell Food Group AG | 13638 | 4387867 |
|  | Bellevue Group AG | 38228 | 397788 |
|  # | Berner Kantonalbank AG | 31526 | 9696083 |
|  | BKW AG | 88043 | 17651504 |
|  # | Bossard Holding AG, Class A | 39753 | 8668930 |
|  | Bucher Industries AG | 45417 | 19616694 |
|  | Burckhardt Compression Holding AG | 14686 | 9984873 |
|  | Burkhalter Holding AG | 27531 | 4095566 |
|  | Bystronic AG | 8085 | 2468192 |
|  # | Calida Holding AG | 2321 | 44689 |
|  | Carlo Gavazzi Holding AG | 3383 | 797272 |
|  \* | Cavotec SA | 79682 | 125465 |
|  | Cembra Money Bank AG | 161550 | 19500498 |
|  # | Cham Swiss Properties AG | 28410 | 760795 |
|  \* | Cicor Technologies Ltd | 14675 | 1978916 |
|  | Cie Financiere Tradition SA | 10201 | 2697616 |
|  # | Clariant AG | 1046417 | 11712573 |
|  # | Coltene Holding AG | 18021 | 1367067 |
|  | CPH Group AG | 229 | 18377 |
|  | Daetwyler Holding AG | 27814 | 4016081 |
|  | DKSH Holding AG | 193753 | 14273667 |
|  #\* | DocMorris AG | 15391 | 433901 |
|  | dormakaba Holding AG | 19413 | 16375973 |
|  | EDAG Engineering Group AG | 56009 | 417732 |
|  | EFG International AG | 601176 | 9094784 |
|  | Emmi AG | 14183 | 13951335 |
|  #\* | Feintool International Holding AG | 39987 | 538411 |
|  | Fenix Outdoor |  |  |
|  | International AG | 21036 | 1326578 |
|  | Flughafen Zurich AG | 114334 | 28810184 |
|  | Forbo Holding AG | 6528 | 6263303 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Fundamenta Real Estate AG | 3191 | $65879 |
|  W | Galenica AG | 265647 | 27824567 |
|  \* | GAM Holding AG | 682619 | 86536 |
|  # | Georg Fischer AG | 482759 | 34905745 |
|  #\* | Gurit Holding AG, Class BR | 17665 | 278103 |
|  | Helvetia Holding AG | 184566 | 40714802 |
|  | Hiag Immobilien Holding AG | 29221 | 3541418 |
|  | Huber & Suhner AG | 103518 | 9108864 |
|  | Hypothekarbank Lenzburg AG | 6 | 29209 |
|  | Implenia AG | 88228 | 4989950 |
|  | Inficon Holding AG | 126120 | 13382319 |
|  | Interroll Holding AG | 4350 | 9546623 |
|  | Intershop Holding AG | 53477 | 8774282 |
|  | Investis Holding SA | 7183 | 1057854 |
|  | Jungfraubahn Holding AG | 20143 | 4844808 |
|  | Kardex Holding AG | 44989 | 11333775 |
|  #\* | Komax Holding AG | 17498 | 2176950 |
|  #\* | Kudelski SA | 217692 | 317524 |
|  | Landis & Gyr Group AG | 89993 | 5788086 |
|  | LEM Holding SA | 3234 | 2698707 |
|  | Luzerner Kantonalbank AG | 113127 | 9563410 |
|  W | Medacta Group SA | 16951 | 2751804 |
|  W | Medmix AG | 136216 | 1704358 |
|  # | Meier Tobler Group AG | 45826 | 1927016 |
|  | Metall Zug AG, Class B | 1076 | 1341155 |
|  | Mikron Holding AG | 13436 | 260877 |
|  # | Mobilezone Holding AG | 293515 | 4034816 |
|  | Mobimo Holding AG | 61314 | 23682011 |
|  \*W | Montana Aerospace AG | 23312 | 465556 |
|  | Naturenergie Holding AG | 83915 | 3292915 |
|  | Novavest Real Estate AG | 1614 | 73113 |
|  | OC Oerlikon Corp. AG Pfaffikon | 1002940 | 4254615 |
|  # | Orell Fuessli AG | 5028 | 596810 |
|  # | Orior AG | 30578 | 692402 |
|  | Phoenix Mecano AG | 4038 | 2079570 |
|  | Plazza AG, Class A | 7288 | 3158465 |
|  \*W | PolyPeptide Group AG | 11760 | 272489 |
|  | PSP Swiss Property AG | 294218 | 52391555 |

---

927

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##### [**Table of Contents**](#toc)
**THE CONTINENTAL SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  # | Rieter Holding AG | 14107 | $| 1201793 |
|  | Romande Energie Holding SA | 68578 |  | 3563360 |
|  | Schweiter Technologies AG | 5385 |  | 2481519 |
|  # | Schweizerische Nationalbank | 23 |  | 91620 |
|  | SFS Group AG | 110663 |  | 14958941 |
|  | Siegfried Holding AG | 301110 |  | 35849119 |
|  # | SIG Group AG | 858965 |  | 16569393 |
|  | SKAN Group AG | 17108 |  | 1401976 |
|  | Softwareone Holding AG | 163888 |  | 1134465 |
|  # | St. Galler Kantonalbank AG | 16805 |  | 10123504 |
|  # | Stadler Rail AG | 182616 |  | 4816861 |
|  # | StarragTornos Group AG | 2819 |  | 121475 |
|  | Sulzer AG | 127241 |  | 21536835 |
|  | Swiss Prime Site AG | 171071 |  | 24122040 |
|  | Swissquote Group Holding SA | 72853 |  | 37606488 |
|  | Tecan Group AG | 1244 |  | 242280 |
|  | Temenos AG | 281663 |  | 20175624 |
|  | Thurgauer Kantonalbank | 2912 |  | 511644 |
|  | TX Group AG | 18706 |  | 4208248 |
|  | u-blox Holding AG | 38657 |  | 3918174 |
|  | Valiant Holding AG | 97848 |  | 14410853 |
|  | Vaudoise Assurances Holding SA | 6782 |  | 4948077 |
|  | Vetropack Holding AG**.** | 70586 |  | 2438091 |
|  | Vontobel Holding AG | 191371 |  | 13829152 |
|  | VZ Holding AG | 81039 |  | 16722110 |
|  | V-ZUG Holding AG | 11058 |  | 931185 |
|  # | Walliser Kantonalbank | 19673 |  | 2954094 |
|  # | Warteck Invest AG | 117 |  | 273383 |
|  | Ypsomed Holding AG | 20705 |  | 8821742 |
|  | Zehnder Group AG | 76376 |  | 5084130 |
|  | Zug Estates Holding AG, Class B | 1242 |  | 3192159 |
|  | Zuger Kantonalbank | 711 |  | 7315736 |
|  TOTAL SWITZERLAND | TOTAL SWITZERLAND | TOTAL SWITZERLAND |  | 988932776 |
|  UNITED KINGDOM — (0.2%) | UNITED KINGDOM — (0.2%) | UNITED KINGDOM — (0.2%) | UNITED KINGDOM — (0.2%) | UNITED KINGDOM — (0.2%) |
|  | Allfunds Group PLC | 935238 |  | 5279817 |
|  # | TORM PLC, Class A | 196545 |  | 3275641 |
|  TOTAL UNITED KINGDOM | TOTAL UNITED KINGDOM | TOTAL UNITED KINGDOM |  | 8555458 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED STATES — (0.0%) | UNITED STATES — (0.0%) |  |  |
|  \* | ADTRAN Holdings, Inc. | 66075 | $506502 |
|  TOTAL COMMON STOCKS | TOTAL COMMON STOCKS | TOTAL COMMON STOCKS | 5222093855 |
|  PREFERRED STOCKS — (0.8%) | PREFERRED STOCKS — (0.8%) |  |  |
|  GERMANY — (0.8%) | GERMANY — (0.8%) |  |  |
|  | Draegerwerk AG & Co. KGaA, 3.010% | 47625 | 3245177 |
|  | Einhell Germany AG, 1.478% | 870 | 64947 |
|  | FUCHS SE, 2.506% | 425341 | 21327718 |
|  | Jungheinrich AG, 2.370% | 292088 | 10615294 |
|  | Sixt SE, 6.712% | 101360 | 6750631 |
|  | STO SE & Co. KGaA, 3.994% | 15028 | 2149162 |
|  | Villeroy & Boch AG, 6.140% | 41086 | 805311 |
|  TOTAL GERMANY | TOTAL GERMANY |  | 44958240 |
|  RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |  |  |
|  ITALY — (0.0%) | ITALY — (0.0%) |  |  |
|  #\* | Webuild SpA Warrants 08/02/2030 | 116038 | 0 |
|  SPAIN — (0.0%) | SPAIN — (0.0%) |  |  |
|  \* | Obrascon Huarte Lain SA Rights 05/15/2025 | 3117009 | 16596 |
|  TOTAL RIGHTS/WARRANTS | TOTAL RIGHTS/WARRANTS |  | 16596 |
|  TOTAL INVESTMENT SECURITIES<br>(Cost $3,645,769,534) | TOTAL INVESTMENT SECURITIES<br>(Cost $3,645,769,534) |  | 5267068691 |
|  |  |  | **Value†** |
|  SECURITIES LENDING COLLATERAL — (7.5%) | SECURITIES LENDING COLLATERAL — (7.5%) | SECURITIES LENDING COLLATERAL — (7.5%) |  |
|  @§ | The DFA Short Term Investment Fund | 36762577 | 425159200 |
|  TOTAL INVESTMENTS — (100.0%)<br>(Cost $4,070,978,274) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $4,070,978,274) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $4,070,978,274) | $5692227891 |

---

928

------

##### [**Table of Contents**](#toc)
**THE CONTINENTAL SMALL COMPANY SERIES** 

**CONTINUED** 

As of April 30, 2025, the value of Rule 144A securities amounted to $337,162,403 or 6.3% of net assets.

Summary of the Series' investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Assets** |  |  |  |  |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Austria |  | $199643314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $199643314 |
| &nbsp;&nbsp;&nbsp;&nbsp; Belgium | $422510 | 199782227 |  | 200204737 |
| &nbsp;&nbsp;&nbsp;&nbsp; Canada |  | 6580999 |  | 6580999 |
| &nbsp;&nbsp;&nbsp;&nbsp; Denmark |  | 346663060 |  | 346663060 |
| &nbsp;&nbsp;&nbsp;&nbsp; Finland |  | 331276311 |  | 331276311 |
| &nbsp;&nbsp;&nbsp;&nbsp; France |  | 584494180 |  | 584494180 |
| &nbsp;&nbsp;&nbsp;&nbsp; Germany |  | 667925277 |  | 667925277 |
| &nbsp;&nbsp;&nbsp;&nbsp; Greenland |  | 130882 |  | 130882 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ireland |  | 32663672 |  | 32663672 |
| &nbsp;&nbsp;&nbsp;&nbsp; Israel | 695643 | 109613420 |  | 110309063 |
| &nbsp;&nbsp;&nbsp;&nbsp; Italy |  | 503155303 |  | 503155303 |
| &nbsp;&nbsp;&nbsp;&nbsp; Liechtenstein |  | 7911776 |  | 7911776 |
| &nbsp;&nbsp;&nbsp;&nbsp; Luxembourg |  | 57066894 |  | 57066894 |
| &nbsp;&nbsp;&nbsp;&nbsp; Monaco |  | 4345882 |  | 4345882 |
| &nbsp;&nbsp;&nbsp;&nbsp; Netherlands |  | 270830650 |  | 270830650 |
| &nbsp;&nbsp;&nbsp;&nbsp; Norway | 133260 | 84904011 | $27273 | 85064544 |
| &nbsp;&nbsp;&nbsp;&nbsp; Portugal |  | 68368158 |  | 68368158 |
| &nbsp;&nbsp;&nbsp;&nbsp; Spain |  | 387572804 | 79211 | 387652015 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sweden |  | 359812402 |  | 359812402 |
| &nbsp;&nbsp;&nbsp;&nbsp; Switzerland |  | 988932776 |  | 988932776 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Kingdom |  | 8555458 |  | 8555458 |
| &nbsp;&nbsp;&nbsp;&nbsp; United States |  | 506502 |  | 506502 |
|  Preferred Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Germany |  | 44958240 |  | 44958240 |
|  Rights/Warrants |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Spain |  | 16596 |  | 16596 |
|  Securities Lending Collateral |  | 425159200 |  | 425159200 |
|  Total Investments in Securities | $1251413 | $5690869994 | $106,484<> | $5692227891 |

---

---

| | |
|:---|:---|
| <> | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.  |

---

See accompanying Notes to Financial Statements.

929

------

##### [**Table of Contents**](#toc)
**THE CANADIAN SMALL COMPANY SERIES** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COMMON STOCKS — (91.8%) | COMMON STOCKS — (91.8%) |  |  |
|  COMMUNICATION SERVICES — (1.3%) | COMMUNICATION SERVICES — (1.3%) | COMMUNICATION SERVICES — (1.3%) |  |
| \* | Cineplex, Inc. | 28705 | $205512 |
| # | Cogeco Communications, Inc. | 75074 | 3692164 |
|  | Cogeco, Inc. | 31967 | 1486815 |
|  | Quebecor, Inc., Class B | 346107 | 9494971 |
|  | TELUS Corp. | 180109 | 2772315 |
| \* | WildBrain Ltd. | 12937 | 16047 |
|  | Yellow Pages Ltd. | 56545 | 415084 |
|  TOTAL COMMUNICATION SERVICES | TOTAL COMMUNICATION SERVICES | TOTAL COMMUNICATION SERVICES | 18082908 |
|  CONSUMER DISCRETIONARY — (3.8%) | CONSUMER DISCRETIONARY — (3.8%) | CONSUMER DISCRETIONARY — (3.8%) |  |
| \* | Aritzia, Inc. | 450762 | 15854816 |
| #\* | AutoCanada, Inc. | 112783 | 1275415 |
|  | BMTC Group, Inc. | 20581 | 175415 |
| \* | Bragg Gaming Group, Inc. | 4700 | 18751 |
|  | BRP, Inc. (DOOO US) | 110815 | 3755520 |
| #\* | Canada Goose Holdings, Inc. (GOOS US) | 41969 | 350861 |
| # | Canadian Tire Corp. Ltd., Class A | 67563 | 7394390 |
| \* | Dorel Industries, Inc., Class B | 159177 | 191668 |
|  | Exco Technologies Ltd. | 164124 | 678592 |
|  | Gamehost, Inc. | 89999 | 648912 |
| \* | GoldMoney, Inc. | 20595 | 119214 |
|  | Leon's Furniture Ltd. | 129679 | 2163512 |
|  | Linamar Corp. | 227439 | 8346249 |
|  | Martinrea International, Inc. | 421234 | 2242752 |
| # | MTY Food Group, Inc. | 109121 | 3432872 |
|  | Pet Valu Holdings Ltd. | 66297 | 1375857 |
|  | Pizza Pizza Royalty Corp. | 136724 | 1418216 |
| # | Pollard Banknote Ltd. | 49129 | 729843 |
| W | Spin Master Corp. | 168624 | 2982049 |
|  TOTAL CONSUMER DISCRETIONARY | TOTAL CONSUMER DISCRETIONARY | TOTAL CONSUMER DISCRETIONARY | 53154904 |
|  CONSUMER STAPLES — (3.3%) | CONSUMER STAPLES — (3.3%) | CONSUMER STAPLES — (3.3%) |  |
| # | Andrew Peller Ltd., Class A | 160700 | 521057 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |  |
|  | Corby Spirit & Wine Ltd. | 67767 | $749635 |
|  | High Liner Foods, Inc. | 101508 | 1247313 |
| W | Jamieson Wellness, Inc. | 221615 | 5136080 |
|  | KP Tissue, Inc. | 47200 | 273559 |
|  | Lassonde Industries, Inc., Class A | 17800 | 2676068 |
|  | Maple Leaf Foods, Inc. | 442088 | 8090730 |
|  | North West Co., Inc. | 260127 | 10434515 |
|  | Premium Brands Holdings Corp. | 231302 | 13152302 |
|  | Rogers Sugar, Inc. | 611427 | 2505848 |
| #\* | SunOpta, Inc. (SOY CN) | 125411 | 545819 |
|  TOTAL CONSUMER STAPLES | TOTAL CONSUMER STAPLES | TOTAL CONSUMER STAPLES | 45332926 |
|  ENERGY — (18.8%) | ENERGY — (18.8%) |  |  |
| \* | Advantage Energy Ltd. | 1169723 | 8306679 |
| # | Africa Oil Corp. | 1729489 | 2258146 |
| \* | Athabasca Oil Corp. | 2931609 | 9654363 |
| # | Baytex Energy Corp. | 3546204 | 5479047 |
| # | Birchcliff Energy Ltd. | 1512977 | 6178776 |
| \* | Bonterra Energy Corp. | 52762 | 121323 |
| \* | Calfrac Well Services Ltd. | 18245 | 43806 |
| #\* | Canacol Energy Ltd. | 158831 | 342179 |
| # | Cardinal Energy Ltd. | 733319 | 3053278 |
|  | CES Energy Solutions Corp. | 1451076 | 6399639 |
| #\* | Denison Mines Corp. (DML CN) | 1481731 | 2128121 |
|  | Enerflex Ltd. (EFX CN) | 501298 | 3279927 |
|  | Enerflex Ltd. (EFXT US) | 50471 | 330585 |
| #\* | Energy Fuels, Inc. | 455938 | 2062702 |
| \* | Ensign Energy Services, Inc. | 783098 | 1022470 |
| # | Freehold Royalties Ltd. | 623529 | 5160646 |
| # | Frontera Energy Corp. | 221832 | 801337 |
|  | Gibson Energy, Inc. | 849068 | 13358686 |
| \* | Gran Tierra Energy, Inc. (GTE CN) | 59350 | 263473 |

---

930

------

##### [**Table of Contents**](#toc)
**THE CANADIAN SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |  |
|  | Headwater Exploration, Inc. | 1240510 | $5039066 |
|  | InPlay Oil Corp. | 4862 | 24544 |
| \* | Journey Energy, Inc. | 22652 | 21853 |
| \* | Kelt Exploration Ltd. | 959125 | 3889097 |
| \* | Kolibri Global Energy, Inc. | 5600 | 37981 |
| \*†† | Lightstream Resources Ltd. | 687816 | 0 |
| #\* | Mattr Corp. | 383896 | 2651016 |
| # | MEG Energy Corp. | 1033032 | 14492122 |
|  | North American Construction Group Ltd. (NOA CN) | 121746 | 1854538 |
|  | North American Construction Group Ltd. (NOA US) | 36466 | 553919 |
| \* | NuVista Energy Ltd. | 807648 | 6883696 |
| #\* | Obsidian Energy Ltd. (OBE CN) | 12060 | 50826 |
| \* | Obsidian Energy Ltd. (OBE US) | 351644 | 1480421 |
| \* | Paladin Energy Ltd. | 33213 | 121423 |
| # | Paramount Resources Ltd., Class A | 384576 | 4365746 |
|  | Parex Resources, Inc. | 615121 | 4952737 |
|  | Parkland Corp. | 737606 | 18581936 |
|  | Pason Systems, Inc. | 440730 | 3510239 |
| # | Peyto Exploration & Development Corp. | 1048317 | 13124874 |
|  | PHX Energy Services Corp. | 136923 | 751855 |
| # | Pine Cliff Energy Ltd. | 189200 | 75482 |
|  | PrairieSky Royalty Ltd. | 1144791 | 19273610 |
| \* | Precision Drilling Corp. (PD CN) | 46724 | 1954903 |
| #\* | Precision Drilling Corp. (PDS US) | 29123 | 1215012 |
| #\* | Questerre Energy Corp., Class A | 797460 | 153291 |
| \* | Saturn Oil & Gas, Inc. | 63600 | 71046 |
|  | Secure Waste Infrastructure Corp. | 1822233 | 17355228 |
| \* | Source Energy Services Ltd. | 2400 | 15807 |
| \* | Spartan Delta Corp. | 530341 | 1038677 |
| \*W | STEP Energy Services Ltd. | 31360 | 88716 |
| # | Strathcona Resources Ltd. | 7061 | 126152 |
| # | Surge Energy, Inc. | 329085 | 1114772 |
|  | Tamarack Valley Energy Ltd. | 2856995 | 7398428 |
| \* | Tenaz Energy Corp. | 16600 | 189167 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |  |
|  | TerraVest Industries, Inc. | 35869 | $3738587 |
| #\* | Tidewater Midstream & Infrastructure Ltd. | 1283767 | 260739 |
| # | Topaz Energy Corp. | 467603 | 7811473 |
|  | Total Energy Services, Inc. | 249286 | 1602115 |
| \* | Touchstone Exploration, Inc. | 28397 | 7518 |
|  | Trican Well Service Ltd. | 1249399 | 3670439 |
| \* | Valeura Energy, Inc. | 68728 | 374898 |
|  | Veren, Inc. (VRN CN) | 2103228 | 12449108 |
| # | Veren, Inc. (VRN US) | 1211884 | 7162234 |
| # | Vermilion Energy, Inc. (VET CN) | 458274 | 2765733 |
|  | Vermilion Energy, Inc. (VET US) | 245631 | 1481155 |
| # | Whitecap Resources, Inc. | 3285489 | 18636679 |
| \* | Yangarra Resources Ltd. | 308771 | 190378 |
|  TOTAL ENERGY | TOTAL ENERGY | TOTAL ENERGY | 262854419 |
|  FINANCIALS — (8.2%) | FINANCIALS — (8.2%) | FINANCIALS — (8.2%) |  |
|  | AGF Management Ltd., Class B | 367701 | 2736553 |
|  | Alaris Equity Partners Income | 30816 | 433203 |
|  | Canaccord Genuity Group, Inc. | 432506 | 2651005 |
| \*†† | Chesswood Group Ltd. | 27283 | 6729 |
|  | CI Financial Corp. | 681999 | 15459501 |
|  | Clairvest Group, Inc. | 1900 | 97233 |
|  | Definity Financial Corp. | 387904 | 19361435 |
|  | E-L Financial Corp. Ltd. | 7378 | 7236712 |
|  | EQB, Inc. | 155504 | 10750824 |
|  | Fiera Capital Corp. | 398360 | 1829116 |
|  | Firm Capital Mortgage Investment Corp. | 189321 | 1625969 |
| # | First National Financial Corp. | 80519 | 2186734 |
|  | goeasy Ltd. | 62859 | 7097057 |
|  | Guardian Capital Group Ltd., Class A | 93214 | 2721503 |
|  | Laurentian Bank of Canada | 246909 | 4900211 |
|  | Onex Corp. | 277156 | 19623674 |
| # | Propel Holdings, Inc. | 26500 | 519389 |
| \* | RF Capital Group, Inc. | 17024 | 102000 |

---

931

------

##### [**Table of Contents**](#toc)
**THE CANADIAN SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |  |
|  | Sprott, Inc. (SII CN) | 122216 | $6421117 |
| # | Timbercreek Financial Corp. | 466730 | 2342791 |
| \* | Trisura Group Ltd. (TSU CN) | 249797 | 6858274 |
|  | VersaBank (VBNK CN) | 3400 | 37709 |
|  TOTAL FINANCIALS | TOTAL FINANCIALS | TOTAL FINANCIALS | 114998739 |
|  HEALTH CARE — (2.1%) | HEALTH CARE — (2.1%) | HEALTH CARE — (2.1%) |  |
| # | Andlauer Healthcare Group, Inc. | 91822 | 3563381 |
| #\* | Aurora Cannabis, Inc. (ACB CN) | 3845 | 17796 |
| #\* | Aurora Cannabis, Inc. (ACB US) | 57448 | 266556 |
| \* | Bausch Health Cos., Inc. (BHC US) | 1492701 | 7911315 |
| #\* | Cronos Group, Inc. (CRON CN) | 120512 | 226408 |
| #\* | Cronos Group, Inc. (CRON US) | 764077 | 1436465 |
| # | dentalcorp Holdings Ltd. | 114369 | 697696 |
|  | Extendicare, Inc. | 420755 | 4211823 |
| \* | HLS Therapeutics, Inc. | 20104 | 61831 |
| \* | Knight Therapeutics, Inc. | 387308 | 1708133 |
|  | Medical Facilities Corp. | 135329 | 1428287 |
| #\* | Organigram Global, Inc. | 273457 | 319568 |
| # | Sienna Senior Living, Inc. | 400018 | 4912451 |
| \* | TerrAscend Corp. | 26702 | 12009 |
| #\* | Tilray Brands, Inc. | 21350 | 10357 |
| \* | Viemed Healthcare, Inc. | 93487 | 660953 |
| \* | Vitalhub Corp. | 18900 | 154233 |
| \* | Well Health Technologies Corp. | 633011 | 1818311 |
| †† | Zenith Capital Corp. | 111820 | 8192 |
|  TOTAL HEALTH CARE | TOTAL HEALTH CARE | TOTAL HEALTH CARE | 29425765 |
|  INDUSTRIALS — (10.1%) | INDUSTRIALS — (10.1%) | INDUSTRIALS — (10.1%) |  |
|  | ADENTRA, Inc. | 84988 | 1665114 |
|  | Aecon Group, Inc. | 352409 | 4125839 |
| # | Ag Growth International, Inc. | 104394 | 2515573 |
| #\* | Air Canada | 779066 | 7894641 |
|  | Algoma Central Corp. | 51900 | 579762 |
| #\* | ATS Corp. (ATS CN) | 407018 | 10256641 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |  |
| #\* | ATS Corp. (ATS US) | 7768 | $195443 |
|  | Badger Infrastructure Solution | 180224 | 5135064 |
| #\* | Ballard Power Systems, Inc. (BLDP CN) | 47678 | 58102 |
| \* | Ballard Power Systems, Inc. (BLDP US) | 785575 | 958401 |
|  | Bird Construction, Inc. | 315414 | 4829820 |
|  | Black Diamond Group Ltd. | 265177 | 1565748 |
| \* | Bombardier, Inc. (BBD/A CN), Class A | 8100 | 538492 |
| #\* | Bombardier, Inc. (BBD/B CN), Class B | 143573 | 9489607 |
| # | Boyd Group Services, Inc. | 102162 | 14672912 |
|  | Calian Group Ltd. | 65037 | 2244640 |
|  | Dexterra Group, Inc. | 168743 | 1050205 |
| # | Doman Building Materials Group Ltd. | 389975 | 1946198 |
| # | Exchange Income Corp. | 116207 | 4270308 |
|  | Finning International, Inc. | 746988 | 21083203 |
| \* | GDI Integrated Facility Services, Inc. | 70231 | 1600142 |
|  | Hammond Power Solutions, Inc. | 23425 | 1559854 |
|  | K-Bro Linen, Inc. | 60480 | 1535909 |
| #\* | Lion Electric Co. (LEV CN) | 67500 | 4387 |
|  | Magellan Aerospace Corp. | 88957 | 877568 |
| \* | MDA Space Ltd. | 446292 | 8711532 |
| # | Mullen Group Ltd. | 468229 | 4452693 |
| \* | NFI Group, Inc. | 259328 | 2182072 |
| # | Richelieu Hardware Ltd. | 294993 | 6977892 |
|  | Russel Metals, Inc. | 320920 | 9311475 |
| # | Savaria Corp. | 268384 | 3379621 |
|  | Wajax Corp. | 124475 | 1591828 |
|  | Westshore Terminals Investment Corp. | 191037 | 3529459 |
|  TOTAL INDUSTRIALS | TOTAL INDUSTRIALS | TOTAL INDUSTRIALS | 140790145 |
|  INFORMATION TECHNOLOGY — (4.0%) | INFORMATION TECHNOLOGY — (4.0%) | INFORMATION TECHNOLOGY — (4.0%) |  |
| #\* | Bitfarms Ltd. | 142800 | 143981 |
| #\* | BlackBerry Ltd. | 124098 | 421933 |

---

932

------

##### [**Table of Contents**](#toc)
**THE CANADIAN SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |  |
| \* | Celestica, Inc. (CLS CN) | 384601 | $32816347 |
| #\* | Celestica, Inc. (CLS US) | 46409 | 3961008 |
|  | Computer Modelling Group Ltd. | 427794 | 2466968 |
| \* | Docebo, Inc. | 23727 | 743168 |
| # | Dye & Durham Ltd. | 130044 | 843315 |
|  | Enghouse Systems Ltd. | 239530 | 4352406 |
|  | Evertz Technologies Ltd. | 149643 | 1190761 |
| \* | Kinaxis, Inc. | 3298 | 445323 |
| #\* | Lightspeed Commerce, Inc. (LSPD CN) | 48267 | 472307 |
| #\* | Lightspeed Commerce, Inc. (LSPD US) | 683922 | 6702436 |
| #\* | Quarterhill, Inc. | 909058 | 929763 |
| \* | Sangoma Technologies Corp. | 4200 | 23581 |
|  | Vecima Networks, Inc. | 6059 | 43950 |
|  TOTAL INFORMATION TECHNOLOGY | TOTAL INFORMATION TECHNOLOGY | TOTAL INFORMATION TECHNOLOGY | 55557247 |
|  MATERIALS — (29.8%) | MATERIALS — (29.8%) | MATERIALS — (29.8%) |  |
| \* | 5N Plus, Inc. | 548950 | 2644007 |
|  | Acadian Timber Corp. | 66067 | 827635 |
|  | ADF Group, Inc. | 29616 | 130615 |
| #\* | Aimia, Inc. | 430163 | 811275 |
| # | AirBoss of America Corp. | 97997 | 277229 |
|  | Algoma Steel Group, Inc. (ASTL US) | 164259 | 840185 |
| \* | Allied Gold Corp. | 49879 | 200804 |
|  | Altius Minerals Corp. | 162080 | 3184932 |
|  | Amerigo Resources Ltd. | 267687 | 335919 |
| \* | Ascot Resources Ltd. | 71438 | 6477 |
|  | Aura Minerals, Inc. | 9267 | 191578 |
|  | B2Gold Corp. (BTG US) | 5464920 | 16995901 |
|  | B2Gold Corp. (BTO CN) | 1376372 | 4303035 |
| \* | Canfor Corp. | 490473 | 4685572 |
| #\* | Capstone Copper Corp. | 3330419 | 16040898 |
|  | Cascades, Inc. | 637040 | 4080272 |
|  | Centerra Gold, Inc. | 1209372 | 8096987 |
|  | China Gold International Resources Corp. Ltd. (CGG CN) | 821171 | 5128596 |
| \* | Culico Metals, Inc. | 15186 | 1377 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |  |
|  | Dundee Precious Metals, Inc. | 968032 | $12688480 |
| #\* | Eldorado Gold Corp. (EGO US) | 469393 | 8843364 |
| \* | Eldorado Gold Corp. (ELD CN) | 658322 | 12387108 |
| # | Endeavour Mining PLC | 927042 | 25116073 |
| #\* | Endeavour Silver Corp. (EDR CN) | 313415 | 1136715 |
| \* | Endeavour Silver Corp. (EXK US) | 502450 | 1828918 |
| \* | Equinox Gold Corp. (EQX CN) | 566605 | 3809974 |
| \* | Equinox Gold Corp. (EQX US) | 1447850 | 9700595 |
| #\* | ERO Copper Corp. (ERO CN) | 304497 | 3803452 |
| \* | ERO Copper Corp. (ERO US) | 166551 | 2076891 |
| # | First Majestic Silver Corp. (AG US) | 1185163 | 7419120 |
|  | First Majestic Silver Corp. (FR CN) | 625941 | 3909295 |
| #\* | First Mining Gold Corp. | 749400 | 89693 |
| \* | Foraco International SA | 355941 | 459579 |
| #\* | Fortuna Mining Corp. (FSM US) | 1113846 | 6961537 |
| \* | Fortuna Mining Corp. (FVI CN) | 858460 | 5355258 |
| \* | Galiano Gold, Inc. | 278715 | 378063 |
| \* | Global Atomic Corp. | 25400 | 14187 |
| \* | GoGold Resources, Inc. | 411130 | 527854 |
| \*†† | Hanfeng Evergreen, Inc. | 45837 | 0 |
|  | Hudbay Minerals, Inc. (HBM CN) | 1347989 | 9807286 |
|  | Hudbay Minerals, Inc. (HBM US) | 977377 | 7105531 |
| #\* | i-80 Gold Corp. | 9900 | 6081 |
| \* | IAMGOLD Corp. (IAG US) | 1146593 | 8117878 |
| \* | IAMGOLD Corp. (IMG CN) | 2280410 | 16161037 |
| #\* | Imperial Metals Corp. | 381250 | 962389 |
| \* | Interfor Corp. | 357432 | 3443129 |
| \* | K92 Mining, Inc. | 806334 | 7416448 |
|  | Labrador Iron Ore Royalty Corp. | 317769 | 6882767 |
| #\* | Largo, Inc. (LGO CN) | 65149 | 100186 |
| \* | Largo, Inc. (LGO US) | 5436 | 8426 |

---

933

------

##### [**Table of Contents**](#toc)
**THE CANADIAN SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |  |
| #\* | Lucara Diamond Corp. | 1635773 | $415291 |
|  | Lundin Gold, Inc. | 536872 | 21897804 |
| # | MAG Silver Corp. | 43656 | 679287 |
| \* | Major Drilling Group International, Inc. | 436147 | 2758742 |
| \* | Mandalay Resources Corp. | 4763 | 18590 |
|  | Methanex Corp. (MEOH US) | 150920 | 4722287 |
|  | Methanex Corp. (MX CN) | 193398 | 6060346 |
|  | Neo Performance Materials, Inc. | 60255 | 489960 |
| \* | New Gold, Inc. (NGD CN) | 3379281 | 13457314 |
| \* | New Gold, Inc. (NGD US) | 1393601 | 5546532 |
|  | OceanaGold Corp. | 3952827 | 13992308 |
| \*†† | Orbite Technologies, Inc. | 73500 | 0 |
| \* | Orla Mining Ltd. (OLA CN) | 246169 | 2710603 |
| \* | Orla Mining Ltd. (ORLA US) | 627078 | 6897858 |
| # | Osisko Gold Royalties Ltd. (OR CN) | 433072 | 10379152 |
|  | Osisko Gold Royalties Ltd. (OR US) | 245021 | 5887855 |
|  | Sandstorm Gold Ltd. (SAND US) | 1178837 | 10255882 |
|  | Sandstorm Gold Ltd. (SSL CN) | 106825 | 929082 |
| #\* | Seabridge Gold, Inc. (SA US) | 180687 | 2245939 |
| #\* | Seabridge Gold, Inc. (SEA CN) | 76784 | 954091 |
| \* | SSR Mining, Inc. (SSRM CN) | 832581 | 8865723 |
| \* | SSR Mining, Inc. (SSRM US) | 140822 | 1498346 |
|  | Stella-Jones, Inc. | 317270 | 15557415 |
| #\* | Taseko Mines Ltd. (TGB US) | 141788 | 323277 |
| \* | Taseko Mines Ltd. (TKO CN) | 1628726 | 3697891 |
| \* | Torex Gold Resources, Inc. | 455158 | 14741625 |
|  | Transcontinental, Inc., Class A | 437449 | 5965502 |
| \*†† | Trevali Mining Corp. | 255929 | 0 |
|  | Triple Flag Precious Metals Corp. (TFPM CN) | 10672 | 221474 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |  |
|  | Triple Flag Precious Metals Corp. (TFPM US) | 159468 | $3315341 |
| \*†† | Victoria Gold Corp./Vancouver | 2100 | 274 |
| \* | Wallbridge Mining Co. Ltd. | 143615 | 5730 |
| \* | Wesdome Gold Mines Ltd. | 748317 | 9206047 |
| # | West Fraser Timber Co. Ltd. (WFG US) | 4334 | 320629 |
| \* | Western Copper & Gold Corp. | 27900 | 30762 |
| #\* | Western Forest Products, Inc. | 1823790 | 509328 |
| \* | Westgold Resources Ltd. | 188412 | 359439 |
|  | Winpak Ltd. | 173128 | 5363628 |
|  TOTAL MATERIALS | TOTAL MATERIALS | TOTAL MATERIALS | 415581962 |
|  REAL ESTATE — (1.4%) | REAL ESTATE — (1.4%) | REAL ESTATE — (1.4%) |  |
|  | Altus Group Ltd. | 198205 | 7381289 |
|  | Colliers International Group, Inc. (CIGI US) | 1987 | 237188 |
|  | DREAM Unlimited Corp., Class A | 207598 | 2862642 |
|  | Information Services Corp. | 34805 | 673580 |
|  | Mainstreet Equity Corp. | 30649 | 4139371 |
|  | Melcor Developments Ltd. | 62440 | 547584 |
|  | Morguard Corp. | 20429 | 1718816 |
| \* | Real Matters, Inc. | 1806 | 7873 |
| # | StorageVault Canada, Inc. | 687745 | 1880748 |
|  TOTAL REAL ESTATE | TOTAL REAL ESTATE | TOTAL REAL ESTATE | 19449091 |
|  UTILITIES — (9.0%) | UTILITIES — (9.0%) | UTILITIES — (9.0%) |  |
| # | Algonquin Power & Utilities Corp. (AQN CN) | 524908 | 2829005 |
|  | Algonquin Power & Utilities Corp. (AQN US) | 3383655 | 18204064 |
|  | Atco Ltd., Class I | 390646 | 14686771 |
|  | Boralex, Inc., Class A | 431049 | 9574003 |
| # | Brookfield Infrastructure Corp.,Class A | 232163 | 8692210 |
| # | Capital Power Corp. | 664774 | 25238845 |

---

934

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##### [**Table of Contents**](#toc)
**THE CANADIAN SMALL COMPANY SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) |  |
|  | Innergex Renewable Energy, Inc. | 805763 | $7937226 |
|  | Maxim Power Corp. | 61434 | 176022 |
| # | Northland Power, Inc. | 1379059 | 18736236 |
|  | Polaris Renewable Energy, Inc. | 123152 | 1069294 |
|  | Superior Plus Corp. | 1156165 | 5803469 |
|  | TransAlta Corp. | 1368099 | 12196385 |
|  TOTAL UTILITIES | TOTAL UTILITIES |  | 125143530 |
|  TOTAL COMMON STOCKS<br>Cost ($1047234415) | TOTAL COMMON STOCKS<br>Cost ($1047234415) |  | 1280371636 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
|  SECURITIES LENDING COLLATERAL — (8.2%) | SECURITIES LENDING COLLATERAL — (8.2%) | SECURITIES LENDING COLLATERAL — (8.2%) | SECURITIES LENDING COLLATERAL — (8.2%) |
| @§ | The DFA Short Term Investment Fund | 9951751 | $115092002 |
|  TOTAL INVESTMENTS — (100.0%)<br>(Cost $1,162,344,591) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $1,162,344,591) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $1,162,344,591) | $1395463638 |

---

As of April 30, 2025, the value of Rule 144A securities amounted to $8,206,845 or 0.6% of net assets.

Summary of the Series' investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Assets** |  |  |  |  |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Communication Services | $18082908 |  |  | $18082908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Consumer Discretionary | 52979489 | $175415 |  | 53154904 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Consumer Staples | 45332926 |  |  | 45332926 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energy | 262854419 |  |  | 262854419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financials | 114894777 | 97233 | $6729 | 114998739 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Care | 29417573 |  | 8192 | 29425765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrials | 140785758 | 4387 |  | 140790145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Information Technology | 55557247 |  |  | 55557247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Materials | 415581688 |  | 274 | 415581962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Real Estate | 19449091 |  |  | 19449091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Utilities | 125143530 |  |  | 125143530 |
|  Securities Lending Collateral |  | 115092002 |  | 115092002 |
|  Total Investments in Securities | $1280079406 | $115369037 | $15,195<> | $1395463638 |

---

---

| | |
|:---|:---|
| <> | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.  |

---

See accompanying Notes to Financial Statements.

935

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SERIES** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COMMON STOCKS — (97.2%) | COMMON STOCKS — (97.2%) |  |  |
|  BELGIUM — (0.0%) | BELGIUM — (0.0%) | BELGIUM — (0.0%) |  |
|  | Titan Cement International SA (TITC GA) | 39989 | $1856400 |
|  BRAZIL — (2.9%) | BRAZIL — (2.9%) |  |  |
| # | Ambev SA (ABEV US), ADR | 1643290 | 4157524 |
| \* | Ambipar Participacoes e Empreendimentos SA | 23763 | 510839 |
|  | B3 SA - Brasil Bolsa Balcao | 2119671 | 5038521 |
|  | Banco Bradesco SA (BBDC3 BZ) | 396506 | 854474 |
|  | Banco BTG Pactual SA | 360539 | 2421106 |
|  | Banco do Brasil SA | 851509 | 4340706 |
|  | Banco Santander Brasil SA | 538221 | 2799624 |
|  | BB Seguridade Participacoes SA | 482026 | 3632724 |
|  | BRF SA | 446400 | 1785553 |
|  | Caixa Seguridade Participacoes SA | 237795 | 685502 |
|  | CCR SA | 794987 | 1884104 |
|  | Centrais Eletricas Brasileiras SA | 644177 | 4988693 |
| \* | Cia de Saneamento Basico do Estado de Sao Paulo SABESP (SBS US), ADR | 131581 | 2675042 |
|  | Cia de Saneamento Basico do Estado de Sao Paulo SABESP (SBSP3 BZ) | 223400 | 4483234 |
|  | Cia Energetica de Minas Gerais (CMIG3 BZ) | 325604 | 874374 |
|  | Cia Paranaense de Energia - Copel | 638097 | 1173842 |
| # | Cia Paranaense de Energia - Copel, Sponsored ADR | 17400 | 141114 |
|  | Cia Paranaense de Energia - Copel, ADR | 4349 | 32139 |
|  | CPFL Energia SA | 173333 | 1166416 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |  |
| \* | Embraer SA (EMBR3 BZ) | 148600 | $1699887 |
| \* | Embraer SA (ERJ US), Sponsored ADR | 92800 | 4263232 |
|  | Energisa SA | 302121 | 2445651 |
| \* | Eneva SA | 594511 | 1415265 |
|  | Engie Brasil Energia SA | 195576 | 1432578 |
|  | Equatorial Energia SA | 873086 | 5662986 |
|  | Gerdau SA, Sponsored ADR | 391948 | 1022984 |
|  | Grupo Mateus SA | 55200 | 74895 |
| \*W | Hapvida Participacoes e Investimentos SA | 2457562 | 1004651 |
|  | JBS SA | 648975 | 5040716 |
|  | Klabin SA | 989280 | 3230110 |
|  | Localiza Rent a Car SA | 339528 | 2570174 |
|  | Marfrig Global Foods SA | 37800 | 143070 |
|  | Neoenergia SA | 217042 | 875794 |
|  | Petroleo Brasileiro SA (PBR US), Sponsored ADR | 142561 | 1609514 |
|  | Petroleo Brasileiro SA (PBRA US), Sponsored ADR | 249953 | 2639504 |
|  | Petroleo Brasileiro SA (PETR3 BZ) | 2899815 | 16376496 |
|  | Porto Seguro SA | 177474 | 1375661 |
| \* | PRIO SA | 777921 | 4620797 |
|  | Raia Drogasil SA | 916409 | 3203713 |
| W | Rede D'Or Sao Luiz SA | 202956 | 1145106 |
|  | Rumo SA | 608712 | 2080828 |
|  | Suzano SA (SUZB3 BZ) | 690286 | 6091385 |
|  | Telefonica Brasil SA (VIVT3 BZ) | 516126 | 2527359 |
|  | TIM SA | 694639 | 2319482 |
|  | TOTVS SA | 247744 | 1642270 |
|  | Ultrapar Participacoes SA (UGPA3 BZ) | 653353 | 2052683 |
|  | Vale SA (VALE US), Sponsored ADR | 537781 | 5006736 |
|  | Vale SA (VALE3 BZ) | 2224528 | 20719898 |
|  | Vibra Energia SA | 1023887 | 3391818 |
|  | WEG SA | 626011 | 4924122 |
|  TOTAL BRAZIL | TOTAL BRAZIL |  | 156254896 |

---

936

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHILE — (0.5%) | CHILE — (0.5%) | CHILE — (0.5%) |  |
|  | Banco de Chile (BCH US), ADR | 133509 | $3941194 |
|  | Banco de Credito e Inversiones SA | 58492 | 2316478 |
| # | Banco Santander Chile (BSAC US), ADR | 77553 | 1868252 |
|  | Banco Santander Chile (BSAN CI) | 814688 | 49257 |
|  | Cencosud SA | 1248011 | 4270354 |
|  | Cencosud Shopping SA | 415840 | 878328 |
|  | Cia Cervecerias Unidas SA (CCU CI) | 14659 | 112548 |
|  | Cia Sud Americana de Vapores SA | 4637537 | 256147 |
|  | Colbun SA | 1131334 | 176817 |
|  | Embotelladora Andina SA, ADR, Class B | 5680 | 147112 |
|  | Empresas CMPC SA | 1074288 | 1684797 |
|  | Empresas Copec SA | 303138 | 2080914 |
|  | Enel Americas SA (ENELAM CI) | 6890001 | 676565 |
|  | Enel Chile SA (ENELCHIL CI) | 21696351 | 1535189 |
|  | Falabella SA | 348921 | 1584367 |
|  | Latam Airlines Group SA | 70535429 | 1113651 |
| # | Latam Airlines Group SA, ADR | 19271 | 606073 |
|  | Plaza SA | 436470 | 1025616 |
| # | Sociedad Quimica y Minera de Chile SA, Sponsored ADR | 76079 | 2601902 |
|  TOTAL CHILE | TOTAL CHILE |  | 26925561 |
|  CHINA — (24.9%) | CHINA — (24.9%) |  |  |
|  | 360 Security Technology, Inc., Class A | 89600 | 126382 |
|  | 37 Interactive Entertainment Network Technology Group Co. Ltd., Class A | 140663 | 293926 |
|  | Accelink Technologies Co. Ltd., Class A | 36900 | 219366 |
| \* | ADAMA Ltd., Class A | 40900 | 34880 |
| \* | Addsino Co. Ltd., Class A | 68000 | 63949 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Advanced Micro-Fabrication Equipment, Inc. China, Class A | 3354 | $87061 |
|  | Advanced Technology & Materials Co. Ltd., Class A | 33000 | 50899 |
|  | AECC Aero-Engine Control Co. Ltd., Class A | 74457 | 183500 |
|  | AECC Aviation Power Co. Ltd., Class A | 79700 | 360452 |
|  | Aerospace Intelligent Manufacturing Technology Co. Ltd., Class A | 54800 | 129512 |
|  | Agricultural Bank of China Ltd., Class H | 13429000 | 8194599 |
|  | Aier Eye Hospital Group Co. Ltd., Class A | 210881 | 377244 |
| #\* | Air China Ltd., |  |  |
|  | Class H | 1822000 | 1085464 |
|  | Aisino Corp., Class A | 136900 | 155108 |
| \*W | Akeso, Inc. | 230000 | 2550360 |
|  | Alibaba Group Holding Ltd. (9988 HK) | 4164000 | 62168631 |
| # | Alibaba Group Holding Ltd. (BABA US), Sponsored ADR | 479383 | 57252712 |
| #\* | Alibaba Health Information Technology Ltd. | 2812000 | 1819132 |
|  | All Winner Technology Co. Ltd., Class A | 11700 | 64996 |
|  | Aluminum Corp. of China Ltd., Class H | 4888000 | 2623558 |
| \* | Amlogic Shanghai Co. Ltd., Class A | 18181 | 181149 |
|  | An Hui Wenergy Co. Ltd., Class A | 135218 | 136475 |
|  | Andon Health Co. Ltd., Class A | 20600 | 107524 |
|  | Angel Yeast Co. Ltd., Class A | 49800 | 241635 |
|  | Anhui Anke Biotechnology Group Co. Ltd., Class A | 119100 | 133781 |
|  | Anhui Conch Cement Co. Ltd., Class H | 985500 | 2776212 |
|  | Anhui Gujing Distillery Co. Ltd., Class A | 22616 | 511973 |

---

937

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Anhui Heli Co. Ltd., Class A | 64900 | $141752 |
|  | Anhui Honglu Steel Construction Group Co. Ltd., Class A | 38100 | 98215 |
|  | Anhui Jianghuai Automobile Group Corp. Ltd., Class A | 92100 | 463140 |
|  | Anhui Jiangnan Chemical Industry Co. Ltd., Class A | 183900 | 135517 |
|  | Anhui Jinhe Industrial Co. Ltd., Class A | 35300 | 120918 |
|  | Anhui Kouzi Distillery Co. Ltd., Class A | 46700 | 228998 |
|  | Anhui Xinhua Media Co. Ltd., Class A | 65500 | 63183 |
|  | Anhui Yingjia Distillery Co. Ltd., Class A | 38000 | 229812 |
|  | Anhui Zhongding Sealing Parts Co. Ltd., Class A | 123900 | 309305 |
|  | Anji Microelectronics Technology Shanghai Co. Ltd., Class A | 5965 | 151879 |
|  | Anjoy Foods Group Co. Ltd., Class A | 13800 | 144950 |
|  | Anker Innovations Technology Co. Ltd., Class A | 24180 | 296729 |
|  | ANTA Sports Products Ltd. | 1245400 | 14715418 |
|  | Apeloa Pharmaceutical Co. Ltd., Class A | 76500 | 144588 |
|  | APT Medical, Inc., Class A | 5641 | 323529 |
|  | Arcsoft Corp. Ltd., Class A | 11355 | 70936 |
| \* | Asia - Potash International Investment Guangzhou Co. Ltd., Class A | 39774 | 157132 |
| \* | ASR Microelectronics Co. Ltd., Class A | 16813 | 222490 |
|  | Asymchem Laboratories Tianjin Co. Ltd., Class A | 12970 | 146207 |
|  | Autel Intelligent Technology Corp. Ltd., Class A | 22653 | 130291 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Autobio Diagnostics Co. Ltd., Class A | 28600 | $151557 |
|  | Avary Holding Shenzhen Co. Ltd., Class A | 119276 | 471180 |
|  | Avicopter PLC, Class A | 32004 | 156428 |
| \* | Baidu, Inc. (9888 HK), Class A | 1218650 | 13438068 |
| #\* | Baidu, Inc. (BIDU US), Sponsored ADR | 2292 | 201283 |
|  | Baiyin Nonferrous Group Co. Ltd., Class A | 343500 | 128475 |
|  | Bank of Beijing Co. Ltd., Class A | 880308 | 727396 |
|  | Bank of Changsha Co. Ltd., Class A | 328284 | 409543 |
|  | Bank of Chengdu Co. Ltd., Class A | 338750 | 792428 |
|  | Bank of China Ltd., Class H | 32691181 | 18253887 |
|  | Bank of Communications Co. Ltd., Class H | 5464515 | 4778493 |
|  | Bank of Guiyang Co. Ltd., Class A | 181323 | 144223 |
|  | Bank of Hangzhou Co. Ltd., Class A | 356304 | 721761 |
|  | Bank of Jiangsu Co. Ltd., Class A | 1156770 | 1619323 |
|  | Bank of Nanjing Co. Ltd., Class A | 454780 | 652625 |
|  | Bank of Ningbo Co. Ltd., Class A | 274842 | 905186 |
|  | Bank of Shanghai Co. Ltd., Class A | 573383 | 819948 |
|  | Bank of Suzhou Co. Ltd., Class A | 341360 | 378105 |
|  | Bank of Xi'an Co. Ltd., Class A | 147800 | 70476 |
| \* | Baoding Tianwei Baobian Electric Co. Ltd., Class A | 30500 | 31555 |
|  | Baoji Titanium Industry Co. Ltd., Class A | 29300 | 117919 |
|  | Baoshan Iron & Steel Co. Ltd., Class A | 821000 | 772302 |
|  | Baowu Magnesium Technology Co. Ltd., Class A | 84280 | 138646 |
|  | Beibuwan Port Co. Ltd., Class A | 96100 | 111656 |

---

938

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
| \* | BeiGene Ltd. (6160 HK) | 184600 | $3730673 |
| \* | BeiGene Ltd. (BGNE US), ADR | 574 | 149131 |
| \* | Beijing Aosaikang Pharmaceutical Co. Ltd., Class A | 11400 | 29483 |
|  | Beijing Balance Medical Technology Co. Ltd., Class A | 1400 | 21619 |
|  | Beijing BDStar Navigation Co. Ltd., Class A | 26700 | 93999 |
|  | Beijing Capital Eco-Environment Protection Group Co. Ltd., Class A | 630560 | 274451 |
| \* | Beijing Compass Technology Development Co. Ltd., Class A | 29145 | 236490 |
|  | Beijing Dabeinong Technology Group Co. Ltd., Class A | 51761 | 29064 |
|  | Beijing Dahao Technology Corp. Ltd., Class A | 35400 | 64659 |
|  | Beijing Easpring Material Technology Co. Ltd., Class A | 24200 | 126050 |
|  | Beijing eGOVA Co. Ltd., Class A | 21300 | 47930 |
| \* | Beijing E-Hualu Information Technology Co. Ltd., Class A | 20700 | 63533 |
|  | Beijing Enlight Media Co. Ltd., Class A | 107306 | 285080 |
|  | Beijing Gehua CATV Network Co. Ltd., Class A | 37300 | 36995 |
|  | Beijing Huafeng Test & Control Technology Co. Ltd., Class A | 4736 | 94674 |
| \* | Beijing Jetsen Technology Co. Ltd., Class A | 173800 | 126564 |
|  | Beijing Kingsoft Office Software, Inc., Class A | 7538 | 306214 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Beijing New Building Materials PLC, Class A | 102503 | $395191 |
|  | Beijing Originwater Technology Co. Ltd., Class A | 255149 | 155814 |
|  | Beijing Roborock Technology Co. Ltd., Class A | 6318 | 168686 |
|  | Beijing Shiji Information Technology Co. Ltd., Class A | 49928 | 57298 |
|  | Beijing Shougang Co. Ltd., Class A | 373100 | 185366 |
| \* | Beijing Shunxin Agriculture Co. Ltd., Class A | 33400 | 73248 |
|  | Beijing Sifang Automation Co. Ltd., Class A | 46600 | 110678 |
|  | Beijing Sinnet Technology Co. Ltd., Class A | 91088 | 181525 |
|  | Beijing Tiantan Biological Products Corp. Ltd., Class A | 59363 | 155977 |
|  | Beijing Tong Ren Tang Co. Ltd., Class A | 56300 | 282378 |
|  | Beijing Ultrapower Software Co. Ltd., Class A | 122700 | 184811 |
|  | Beijing United Information Technology Co. Ltd., Class A | 55486 | 180835 |
|  | Beijing Wandong Medical Technology Co. Ltd., Class A | 13600 | 32839 |
|  | Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., Class A | 9280 | 83626 |
|  | Beijing Yanjing Brewery Co. Ltd., Class A | 184800 | 330534 |
|  | Beijing Zhong Ke San Huan High-Tech Co. Ltd., Class A | 53900 | 77847 |
|  | Beijing-Shanghai High Speed Railway Co. Ltd., Class A | 1823600 | 1457212 |

---

939

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
| \* | Beiqi Foton Motor Co. Ltd., Class A | 456800 | $164899 |
| \* | Bengang Steel Plates Co. Ltd., Class A | 44500 | 22898 |
|  | Bethel Automotive Safety Systems Co. Ltd., Class A | 30140 | 239572 |
|  | Betta Pharmaceuticals Co. Ltd., Class A | 4806 | 33529 |
| \* | Bilibili, Inc., Class Z | 30160 | 529430 |
|  | Bloomage Biotechnology Corp. Ltd. (688363 C1), Class A | 9770 | 65669 |
|  | Bloomage Biotechnology Corp. Ltd. (688363 CH), Class A | 6559 | 44086 |
|  | Bluefocus Intelligent Communications Group Co. Ltd., Class A | 93700 | 110612 |
|  | Bluestar Adisseo Co., Class A | 64100 | 84692 |
|  | BOC International China Co. Ltd., Class A | 114700 | 155924 |
|  | BOE Technology Group Co. Ltd., Class A | 2396852 | 1267622 |
| \* | Bohai Leasing Co. Ltd., Class A | 526300 | 228644 |
|  | Bright Dairy & Food Co. Ltd., Class A | 98800 | 112388 |
|  | BrightGene Bio-Medical Technology Co. Ltd., Class A | 14978 | 100366 |
|  | BTG Hotels Group Co. Ltd., Class A | 31000 | 61133 |
|  | BYD Co. Ltd., Class H | 533886 | 25357560 |
|  | Caitong Securities Co. Ltd., Class A | 214590 | 215602 |
|  | Camel Group Co. Ltd., Class A | 71100 | 82210 |
|  | Canmax Technologies Co. Ltd., Class A | 40470 | 99330 |
|  | Castech, Inc., Class A | 21000 | 100138 |
|  | Cathay Biotech, Inc., Class A | 16902 | 120977 |
|  | CCCC Design & Consulting Group Co. Ltd., Class A | 107500 | 115311 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | CECEP Solar Energy Co. Ltd., Class A | 221400 | $131542 |
|  | CECEP Wind-Power Corp., Class A | 536160 | 211950 |
|  | Central China Land Media Co. Ltd., Class A | 65400 | 111669 |
| \* | CETC Chips Technology, Inc., Class A | 38100 | 62900 |
|  | CETC Cyberspace Security Technology Co. Ltd., Class A | 33500 | 69444 |
|  | CETC Digital Technology Co. Ltd., Class A | 27800 | 92213 |
|  | CETC Potevio Science&Technology Co. Ltd., Class A | 25300 | 71748 |
| W | CGN Power Co. Ltd., Class H | 5876000 | 1870407 |
|  | Changchun High-Tech Industry Group Co. Ltd., Class A | 18300 | 221597 |
|  | Changjiang Publishing & Media Co. Ltd., Class A | 29100 | 38340 |
|  | Changjiang Securities Co. Ltd., Class A | 255570 | 225905 |
|  | Changzhou Xingyu Automotive Lighting Systems Co. Ltd., Class A | 11100 | 202794 |
|  | Chaozhou Three-Circle Group Co. Ltd., Class A | 74505 | 352741 |
|  | Chengdu Fusen Noble-House Industrial Co. Ltd., Class A | 9300 | 16825 |
|  | Chengdu Kanghong Pharmaceutical Group Co. Ltd., Class A | 46500 | 178725 |
|  | Chengdu Xingrong Environment Co. Ltd., Class A | 160200 | 156432 |
|  | Chifeng Jilong Gold Mining Co. Ltd., Class A | 116900 | 424873 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | China Automotive Engineering Research Institute Co. Ltd., Class A | 72700 | $190032 |
|  | China Baoan Group Co. Ltd., Class A | 144734 | 154188 |
|  | China CAMC Engineering Co. Ltd., Class A | 67200 | 73328 |
|  | China CITIC Bank Corp. Ltd., Class H | 7100928 | 5616310 |
|  | China Coal Energy Co. Ltd., Class H | 3285777 | 3394894 |
|  | China Construction Bank Corp., Class H | 44592590 | 36629596 |
|  | China CSSC Holdings Ltd., Class A | 82717 | 333583 |
| \* | China Eastern Airlines Corp. Ltd., Class H | 1724000 | 513222 |
|  | China Energy Engineering Corp. Ltd. (601868 C1), Class A | 2502824 | 757842 |
|  | China Everbright Bank Co. Ltd., Class H | 1954000 | 848468 |
|  | China Film Co. Ltd., Class A | 54000 | 76129 |
| \* | China First Heavy Industries Co. Ltd., Class A | 235100 | 83528 |
|  | China Galaxy Securities Co. Ltd., Class H | 3972500 | 3608742 |
|  | China Great Wall Securities Co. Ltd., Class A | 65000 | 69179 |
| \* | China Greatwall Technology Group Co. Ltd., Class A | 44900 | 90483 |
|  | China Green Electricity Investment of Tianjin Co. Ltd., Class A | 26100 | 30800 |
|  | China Hainan Rubber Industry Group Co. Ltd., Class A | 147500 | 91501 |
|  | China Hongqiao Group Ltd | 3314000 | 5948678 |
| W | China International Capital Corp. Ltd., Class H | 1285600 | 2211472 |
|  | China Jushi Co. Ltd., Class A | 302698 | 488543 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | China Kings Resources Group Co. Ltd., Class A | 34300 | $107852 |
|  | China Life Insurance Co. Ltd., Class H | 3160000 | 5775201 |
|  | China Longyuan Power Group Corp. Ltd., Class H | 2911000 | 2299627 |
|  | China Meheco Group Co. Ltd., Class A | 93831 | 131011 |
|  | China Mengniu Dairy Co. Ltd. | 2979000 | 7419649 |
|  | China Merchants Bank Co. Ltd., Class H | 3045554 | 16612404 |
|  | China Merchants Energy Shipping Co. Ltd., Class A | 607440 | 488772 |
|  | China Merchants Expressway Network & Technology Holdings Co. Ltd., Class A | 148021 | 261564 |
|  | China Merchants Property Operation & Service Co. Ltd., Class A | 65100 | 105709 |
| W | China Merchants Securities Co. Ltd., Class H | 422060 | 640124 |
|  | China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A | 268873 | 338805 |
|  | China Minsheng Banking Corp. Ltd., Class H | 4445100 | 2085905 |
|  | China National Accord Medicines Corp. Ltd., Class A | 38600 | 130401 |
|  | China National Chemical Engineering Co. Ltd., Class A | 304900 | 316925 |
|  | China National Gold Group Gold Jewellery Co. Ltd., Class A | 113400 | 128369 |
|  | China National Medicines Corp. Ltd., Class A | 48400 | 193196 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | China National Nuclear Power Co. Ltd., Class A | 1023390 | $1301109 |
| \* | China National Software & Service Co. Ltd., Class A | 15200 | 95223 |
|  | China Northern Rare Earth Group High-Tech Co. Ltd., Class A | 133500 | 428187 |
|  | China Oilfield Services Ltd., Class H | 404000 | 315932 |
|  | China Pacific Insurance Group Co. Ltd., Class H | 2081400 | 5662999 |
|  | China Petroleum & Chemical Corp., Class H | 14976800 | 7645226 |
|  | China Petroleum Engineering Corp., Class A | 172500 | 72691 |
|  | China Publishing & Media Co. Ltd., Class A | 92100 | 80192 |
|  | China Railway Group Ltd., Class H | 2964000 | 1275308 |
|  | China Railway Hi-tech Industry Co. Ltd., Class A | 166300 | 167116 |
|  | China Railway Materials Co. Ltd., Class A | 245800 | 84548 |
| W | China Railway Signal & Communication Corp. Ltd., Class H | 427000 | 171718 |
|  | China Rare Earth Resources & Technology Co. Ltd., Class A | 18391 | 79073 |
|  | China Resources Boya Bio-pharmaceutical Group Co. Ltd., Class A | 32400 | 118445 |
|  | China Resources Double Crane Pharmaceutical Co. Ltd., Class A | 81300 | 211280 |
|  | China Resources Gas Group Ltd. | 628000 | 1754256 |
|  | China Resources Land Ltd. | 3023666 | 10173448 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | China Resources Microelectronics Ltd., Class A | 18429 | $116930 |
| W | China Resources Mixc Lifestyle Services Ltd. | 640800 | 3069868 |
|  | China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A | 57665 | 326610 |
|  | China Science Publishing & Media Ltd., Class A | 20500 | 52324 |
|  | China Shenhua Energy Co. Ltd., Class H | 2542000 | 9553208 |
|  | China South Publishing & Media Group Co. Ltd., Class A | 128000 | 251088 |
| \* | China Southern Airlines Co. Ltd., Class H | 2084000 | 855870 |
|  | China Southern Power Grid Energy Efficiency&Clean Energy Co. Ltd. (003035 C2), Class A | 107900 | 63897 |
|  | China Southern Power Grid Energy Efficiency&Clean Energy Co. Ltd. (003035 CH), Class A | 58400 | 34584 |
|  | China Southern Power Grid Technology Co. Ltd., Class A | 10287 | 40680 |
|  | China State Construction Engineering Corp. Ltd., Class A | 1756100 | 1332485 |
|  | China State Construction International Holdings Ltd. | 140000 | 206363 |
|  | China Tianying, Inc., Class A | 160000 | 92941 |
| #W | China Tourism Group Duty Free Corp. Ltd. (1880 HK), Class H | 69600 | 471074 |

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**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | China Tourism Group Duty Free Corp. Ltd. (601888 C1), Class A | 15900 | $138790 |
| W | China Tower Corp. Ltd., Class H | 5138000 | 7442273 |
|  | China TransInfo Technology Co. Ltd., Class A | 92200 | 116267 |
|  | China Tungsten & Hightech Materials Co. Ltd., Class A | 57300 | 75427 |
| \* | China Vanke Co. Ltd., Class H | 1684320 | 1154646 |
|  | China Wafer Level CSP Co. Ltd., Class A | 22700 | 89829 |
|  | China World Trade Center Co. Ltd., Class A | 34000 | 101979 |
|  | China XD Electric Co. Ltd., Class A | 121000 | 103522 |
|  | China Yangtze Power Co. Ltd., Class A | 756147 | 3070509 |
|  | China Zhenhua Group Science & Technology Co. Ltd., Class A | 24900 | 175887 |
|  | China Zheshang Bank Co. Ltd., Class H | 2185499 | 738906 |
|  | Chinese Universe Publishing & Media Group Co. Ltd., Class A | 80600 | 116475 |
|  | Chongqing Brewery Co. Ltd., Class A | 27100 | 215467 |
|  | Chongqing Changan Automobile Co. Ltd., Class A | 296930 | 501489 |
|  | Chongqing Chuanyi Automation Co. Ltd., Class A | 26230 | 73707 |
|  | Chongqing Department Store Co. Ltd., Class A | 26200 | 114520 |
|  | Chongqing Fuling Electric Power Industrial Co. Ltd., Class A | 106000 | 138191 |
|  | Chongqing Fuling Zhacai Group Co. Ltd., Class A | 70500 | 127286 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
| \* | Chongqing Qianli Technology Co. Ltd., Class A | 119500 | $145952 |
|  | Chongqing Rural Commercial Bank Co. Ltd., Class H | 2532000 | 1943927 |
|  | Chongqing Sanfeng Environment Group Corp. Ltd., Class A | 133400 | 150530 |
|  | Chongqing Zhifei Biological Products Co. Ltd., Class A | 30179 | 78511 |
|  | Chongqing Zongshen Power Machinery Co. Ltd., Class A | 55800 | 161830 |
|  | Chow Tai Fook Jewellery Group Ltd. | 1880000 | 2513207 |
|  | Chow Tai Seng Jewellery Co. Ltd., Class A | 93700 | 167985 |
|  | CITIC Heavy Industries Co. Ltd., Class A | 226600 | 136510 |
|  | CITIC Securities Co. Ltd., Class H | 1021800 | 2525408 |
|  | CMOC Group Ltd., Class H | 3870966 | 3038995 |
|  | CMST Development Co. Ltd., Class A | 132100 | 106823 |
|  | CNGR Advanced Material Co. Ltd., Class A | 43300 | 188217 |
|  | CNNC Hua Yuan Titanium Dioxide Co. Ltd., Class A | 163735 | 92065 |
|  | CNOOC Energy Technology & Services Ltd., Class A | 655100 | 358191 |
| \* | COFCO Biotechnology Co. Ltd., Class A | 102913 | 77498 |
|  | COFCO Capital Holdings Co. Ltd., Class A | 57700 | 94263 |
|  | COFCO Sugar Holding Co. Ltd., Class A | 173300 | 221686 |
| \* | COL Group Co. Ltd., Class A | 15600 | 46493 |
|  | Contemporary Amperex Technology Co. Ltd., Class A | 236916 | 7575058 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | COSCO SHIPPING Energy Transportation Co. Ltd., Class H | 656000 | $520297 |
| # | COSCO SHIPPING Holdings Co. Ltd., Class H | 4032799 | 6085636 |
|  | COSCO SHIPPING Specialized Carriers Co. Ltd., Class A | 161900 | 130949 |
|  | CRRC Corp. Ltd., Class H | 2592000 | 1599652 |
| #W | CSC Financial Co. Ltd., Class H | 594000 | 672093 |
|  | CSG Holding Co. Ltd., Class A | 155500 | 101497 |
|  | CSPC Innovation Pharmaceutical Co. Ltd., Class A | 34820 | 200984 |
|  | CSSC Science & Technology Co. Ltd., Class A | 65900 | 105768 |
|  | Dajin Heavy Industry Co. Ltd., Class A | 27500 | 104476 |
|  | Daqin Railway Co. Ltd., Class A | 603660 | 538760 |
|  | Datang International Power Generation Co. Ltd., Class H | 592000 | 141061 |
|  | DBG Technology Co. Ltd., Class A | 25500 | 86899 |
|  | Deppon Logistics Co. Ltd., Class A | 61400 | 109589 |
|  | DHC Software Co. Ltd., Class A | 118900 | 161330 |
|  | Digital China Group Co. Ltd., Class A | 55900 | 314788 |
|  | Dong-E-E-Jiao Co. Ltd., Class A | 42611 | 318854 |
|  | Dongfang Electronics Co. Ltd., Class A | 58600 | 77001 |
|  | DongFeng Automobile Co. Ltd., Class A | 82400 | 79720 |
|  | Dongguan Development Holdings Co. Ltd., Class A | 47800 | 67765 |
|  | Dongxing Securities Co. Ltd., Class A | 168218 | 232312 |
|  | Double Medical Technology, Inc., Class A | 5700 | 29047 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | East Money Information Co. Ltd., Class A | 396373 | $1124284 |
|  | Eastern Communications Co. Ltd., Class A | 30500 | 42586 |
|  | Easyhome New Retail Group Co. Ltd., Class A | 405300 | 184122 |
|  | Ecovacs Robotics Co. Ltd., Class A | 18200 | 129000 |
|  | Edifier Technology Co. Ltd., Class A | 47900 | 85737 |
|  | Electric Connector Technology Co. Ltd., Class A | 19200 | 126961 |
|  | ENN Energy Holdings Ltd. | 405800 | 3203538 |
|  | ENN Natural Gas Co. Ltd., Class A | 244700 | 665872 |
|  | Eoptolink Technology, Inc. Ltd., Class A | 10100 | 127017 |
|  | Espressif Systems Shanghai Co. Ltd., Class A | 1448 | 43604 |
|  | Estun Automation Co. Ltd., Class A | 50100 | 137881 |
|  | Eve Energy Co. Ltd., Class A | 70305 | 397907 |
| W | Everbright Securities Co. Ltd., Class H | 379000 | 330446 |
|  | Explosive Co. Ltd., Class A | 48437 | 81089 |
|  | Eyebright Medical Technology Beijing Co. Ltd., Class A | 8856 | 96215 |
|  | Fangda Carbon New Material Co. Ltd., Class A | 186124 | 118291 |
|  | Fangda Special Steel Technology Co. Ltd., Class A | 121447 | 74390 |
|  | Far East Smarter Energy Co. Ltd., Class A | 63000 | 41642 |
| \* | Farasis Energy Gan Zhou Co. Ltd., Class A | 74650 | 125244 |
|  | FAW Jiefang Group Co. Ltd., Class A | 68400 | 67819 |
|  | FESCO Group Co. Ltd., Class A | 32900 | 95618 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Fiberhome Telecommunication Technologies Co. Ltd., Class A | 61100 | $180335 |
|  | First Capital Securities Co. Ltd., Class A | 102400 | 95757 |
|  | Focus Media Information Technology Co. Ltd., Class A | 609997 | 605500 |
|  | Foryou Corp., Class A | 27600 | 118474 |
|  | Foshan Haitian Flavouring & Food Co. Ltd., Class A | 111067 | 641274 |
|  | Founder Securities Co. Ltd., Class A | 259900 | 266716 |
|  | Foxconn Industrial Internet Co. Ltd., Class A | 501300 | 1263636 |
|  | Fujian Boss Software Development Co. Ltd., Class A | 25100 | 52269 |
|  | Fujian Funeng Co. Ltd., Class A | 200870 | 265068 |
|  | Fujian Kuncai Material Technology Co. Ltd., Class A | 17000 | 47382 |
|  | Fujian Star-net Communication Co. Ltd., Class A | 19000 | 50686 |
|  | Fujian Sunner Development Co. Ltd., Class A | 38180 | 84363 |
| \* | Fulin Precision Co. Ltd., Class A | 21900 | 60480 |
| W | Fuyao Glass Industry Group Co. Ltd., Class H | 578800 | 4093281 |
|  | Gan & Lee Pharmaceuticals Co. Ltd., Class A | 17800 | 116870 |
| #W | Ganfeng Lithium Group Co. Ltd., Class H | 176199 | 429585 |
|  | Gansu Energy Chemical Co. Ltd., Class A | 457700 | 148162 |
|  | Gaona Aero Material Co. Ltd., Class A | 48100 | 98319 |
|  | G-bits Network Technology Xiamen Co. Ltd., Class A | 4700 | 154516 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
| \* | GCL System Integration Technology Co. Ltd., Class A | 195100 | $56684 |
|  | GD Power Development Co. Ltd., Class A | 672300 | 413867 |
|  | Geely Automobile Holdings Ltd. | 6114000 | 12835128 |
|  | GEM Co. Ltd., Class A | 272276 | 229527 |
|  | Geovis Technology Co. Ltd., Class A | 14780 | 108316 |
|  | GEPIC Energy Development Co. Ltd., Class A | 89900 | 81769 |
|  | GF Securities Co. Ltd., Class H | 905400 | 1179401 |
| W | Giant Biogene Holding Co. Ltd. | 240400 | 2483766 |
|  | Giant Network Group Co. Ltd., Class A | 119200 | 238191 |
| \* | GigaDevice Semiconductor, Inc., Class A | 18674 | 331274 |
|  | Ginlong Technologies Co. Ltd., Class A | 31325 | 226530 |
|  | Glarun Technology Co. Ltd., Class A | 69600 | 200167 |
|  | GoerTek, Inc., Class A | 169200 | 494895 |
|  | Goke Microelectronics Co. Ltd., Class A | 7300 | 69573 |
|  | Goneo Group Co. Ltd., Class A | 24963 | 244700 |
|  | Gotion High-tech Co. Ltd., Class A | 51100 | 145315 |
|  | Grandblue Environment Co. Ltd., Class A | 44300 | 141258 |
| \* | Grandjoy Holdings Group Co. Ltd., Class A | 206500 | 74351 |
|  | Great Wall Motor Co. Ltd., Class H | 2214000 | 3163786 |
|  | Gree Electric Appliances, Inc. of Zhuhai, Class A | 175733 | 1102688 |
|  | GRG Banking Equipment Co. Ltd., Class A | 126000 | 214467 |
|  | Guangdong Advertising Group Co. Ltd., Class A | 63600 | 63597 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Guangdong Aofei Data Technology Co. Ltd., Class A | 31100 | $101753 |
|  | Guangdong Construction Engineering Group Co. Ltd., Class A | 289000 | 137840 |
| \* | Guangdong Create Century Intelligent Equipment Group Corp. Ltd., Class A | 65700 | 77680 |
|  | Guangdong Fenghua Advanced Technology Holding Co. Ltd., Class A | 70200 | 126851 |
|  | Guangdong Haid Group Co. Ltd., Class A | 91500 | 698656 |
|  | Guangdong HEC Technology Holding Co. Ltd., Class A | 89700 | 119640 |
|  | Guangdong Hongda Holdings Group Co. Ltd., Class A | 51700 | 217619 |
|  | Guangdong Marubi Biotechnology Co. Ltd., Class A | 3200 | 20825 |
|  | Guangdong Provincial Expressway Development Co. Ltd., Class A | 154400 | 297978 |
| \* | Guangdong TCL Smart Home Appliances Co. Ltd. | 54400 | 76339 |
|  | Guangdong Xinbao Electrical Appliances Holdings Co. Ltd., Class A | 49100 | 93542 |
|  | Guanghui Energy Co. Ltd., Class A | 439400 | 350460 |
| \* | Guangxi Huaxi Nonferrous Metal Co. Ltd., Class A | 30100 | 79619 |
|  | Guangxi Liugong Machinery Co. Ltd., Class A | 39500 | 54113 |
| # | Guangzhou Automobile Group Co. Ltd., Class H | 1781162 | 629518 |
|  | Guangzhou Baiyun International Airport Co. Ltd., Class A | 129500 | 160900 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class H | 36000 | $78610 |
|  | Guangzhou Development Group, Inc., Class A | 118500 | 105219 |
|  | Guangzhou Great Power Energy & Technology Co. Ltd., Class A | 16700 | 52834 |
|  | Guangzhou Haige Communications Group, Inc. Co., Class A | 96352 | 137822 |
|  | Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A | 15501 | 62019 |
|  | Guangzhou Port Co. Ltd., Class A | 103900 | 44762 |
|  | Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A | 11000 | 50925 |
|  | Guangzhou Tinci Materials Technology Co. Ltd., Class A | 94140 | 226321 |
|  | Guangzhou Yuexiu Capital Holdings Group Co. Ltd., Class A | 206204 | 179250 |
|  | Guangzhou Zhujiang Brewery Co. Ltd., Class A | 94900 | 138289 |
| \* | Guizhou Broadcasting & TV Information Network Co. Ltd., Class A | 41000 | 48292 |
|  | Guizhou Chanhen Chemical Corp., Class A | 32800 | 102077 |
|  | Guocheng Mining Co. Ltd., Class A | 31700 | 50534 |
|  | Guosen Securities Co. Ltd., Class A | 186700 | 279378 |
| \* | Guosheng Financial Holding, Inc., Class A | 141700 | 236366 |
| W | Guotai Haitong Securities Co. Ltd., Class H | 1771552 | 2524867 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Guoyuan Securities Co. Ltd., Class A | 227040 | $233095 |
|  | H World Group Ltd. (1179 HK) | 810100 | 2841959 |
| # | H World Group Ltd. (HTHT US), ADR | 86463 | 2960493 |
| W | Haidilao International Holding Ltd. | 1444000 | 3251245 |
|  | Haier Smart Home Co. Ltd. (600690 C1), Class A | 240600 | 822393 |
|  | Haier Smart Home Co. Ltd. (6690 HK), Class H | 2153400 | 6249229 |
| \* | Hainan Airlines Holding Co. Ltd., Class A | 324600 | 59476 |
| \* | Hainan Drinda New Energy Technology Co. Ltd., Class A | 14100 | 77407 |
|  | Hainan Haide Capital Management Co. Ltd., Class A | 86500 | 64615 |
|  | Hainan Jinpan Smart Technology Co. Ltd., Class A | 24362 | 107408 |
|  | Hainan Mining Co. Ltd., Class A | 98900 | 95342 |
|  | Hainan Strait Shipping Co. Ltd., Class A | 139000 | 113408 |
|  | Haisco Pharmaceutical Group Co. Ltd., Class A | 26300 | 155164 |
|  | Hangcha Group Co. Ltd., Class A | 103180 | 267325 |
|  | Hangjin Technology Co. Ltd., Class A | 27400 | 91719 |
|  | Hangzhou Binjiang Real Estate Group Co. Ltd., Class A | 163200 | 233064 |
|  | Hangzhou Chang Chuan Technology Co. Ltd., Class A | 13094 | 75694 |
|  | Hangzhou First Applied Material Co. Ltd., Class A | 4229 | 7149 |
|  | Hangzhou GreatStar Industrial Co. Ltd. | 103300 | 331443 |
|  | Hangzhou Honghua Digital Technology Stock Co. Ltd., Class A | 6681 | 56991 |
|  | Hangzhou Iron & Steel Co., Class A | 198300 | 299179 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Hangzhou Lion Microelectronics Co. Ltd., Class A | 31400 | $112484 |
|  | Hangzhou Oxygen Plant Group Co. Ltd., Class A | 57000 | 156362 |
|  | Hangzhou Robam Appliances Co. Ltd., Class A | 29621 | 79813 |
| \* | Hangzhou Silan Microelectronics Co. Ltd., Class A | 24622 | 85009 |
|  | Han's Laser Technology Industry Group Co. Ltd., Class A | 21917 | 69828 |
| W | Hansoh Pharmaceutical Group Co. Ltd. | 922000 | 2857251 |
|  | Haohua Chemical Science & Technology Co. Ltd., Class A | 28200 | 99246 |
|  | Harbin Boshi Automation Co. Ltd., Class A | 57200 | 131546 |
| \* | Hebei Changshan Biochemical Pharmaceutical Co. Ltd., Class A | 11200 | 32436 |
|  | Hebei Hengshui Laobaigan Liquor Co. Ltd., Class A | 71100 | 169938 |
|  | Hebei Yangyuan Zhihui Beverage Co. Ltd., Class A | 80600 | 269393 |
|  | Heilongjiang Agriculture Co. Ltd., Class A | 82805 | 170907 |
|  | HeiLongJiang ZBD Pharmaceutical Co. Ltd., Class A | 28500 | 42100 |
|  | Henan Lingrui Pharmaceutical Co., Class A | 7827 | 24661 |
|  | Henan Mingtai Al Industrial Co. Ltd., Class A | 86000 | 142306 |
|  | Henan Pinggao Electric Co. Ltd., Class A | 47700 | 106620 |

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**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Henan Shenhuo Coal Industry & Electricity Power Co. Ltd., Class A | 243000 | $570004 |
|  | Henan Shuanghui Investment & Development Co. Ltd., Class A | 169629 | 583409 |
| \* | Henan Zhongfu Industry Co. Ltd., Class A | 245000 | 132698 |
|  | Hengdian Group DMEGC Magnetics Co. Ltd., Class A | 103021 | 185486 |
|  | Hengli Petrochemical Co. Ltd., Class A | 402600 | 847410 |
|  | Hengtong Optic-electric Co. Ltd., Class A | 133000 | 282697 |
|  | Hengyi Petrochemical Co. Ltd., Class A | 102088 | 85601 |
|  | Hesteel Co. Ltd., Class A | 712353 | 212874 |
|  | Hexing Electrical Co. Ltd., Class A | 18500 | 67367 |
|  | Hisense Visual Technology Co. Ltd., Class A | 44700 | 146683 |
|  | Hithink RoyalFlush Information Network Co. Ltd., Class A | 16481 | 584740 |
|  | HLA Group Corp. Ltd., Class A | 198600 | 226997 |
|  | Hongfa Technology Co. Ltd., Class A | 6000 | 27180 |
|  | Hongta Securities Co. Ltd., Class A | 97320 | 98824 |
|  | Hoshine Silicon Industry Co. Ltd., Class A | 24200 | 170134 |
|  | Hoymiles Power Electronics, Inc., Class A | 2283 | 30545 |
|  | Huaan Securities Co. Ltd., Class A | 345700 | 263062 |
|  | Huada Automotive Technology Corp. Ltd., Class A | 21100 | 101392 |
|  | Huadian Power International Corp. Ltd., Class H | 366000 | 204965 |
|  | Huadong Medicine Co. Ltd., Class A | 98400 | 525944 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Huafon Chemical Co. Ltd., Class A | 294683 | $271563 |
|  | Huagong Tech Co. Ltd., Class A | 30400 | 169805 |
|  | Huaibei Mining Holdings Co. Ltd., Class A | 229900 | 375472 |
|  | Huaihe Energy Group Co. Ltd., Class A | 260900 | 124669 |
|  | Hualan Biological Engineering, Inc., Class A | 18500 | 41716 |
|  | Huaming Power Equipment Co. Ltd., Class A | 47800 | 98664 |
|  | Huaneng Power International, Inc., Class H | 3914000 | 2424536 |
| W | Huatai Securities Co. Ltd., Class H | 1102600 | 1634055 |
|  | Huaxi Securities Co. Ltd., Class A | 175000 | 193739 |
|  | Huaxia Bank Co. Ltd., Class A | 644456 | 645555 |
|  | Huayu Automotive Systems Co. Ltd., Class A | 193500 | 474982 |
| \* | Hubei Biocause Pharmaceutical Co. Ltd., Class A | 52100 | 19543 |
| \* | Hubei Dinglong Co. Ltd., Class A | 44900 | 184327 |
|  | Hubei Energy Group Co. Ltd., Class A | 227983 | 145376 |
|  | Hubei Feilihua Quartz Glass Co. Ltd., Class A | 21200 | 140668 |
|  | Hubei Jumpcan Pharmaceutical Co. Ltd., Class A | 70048 | 253626 |
|  | Hubei Xingfa Chemicals Group Co. Ltd., Class A | 79300 | 223004 |
|  | Hubei Yihua Chemical Industry Co. Ltd., Class A | 78700 | 118065 |
|  | Huizhou Desay Sv Automotive Co. Ltd., Class A | 20000 | 287499 |
|  | Humanwell Healthcare Group Co. Ltd., Class A | 114700 | 329380 |

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**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Hunan Gold Corp. Ltd., Class A | 47600 | $147313 |
|  | Hunan Valin Steel Co. Ltd., Class A | 497400 | 334511 |
|  | Hundsun Technologies, Inc., Class A | 59229 | 212368 |
|  | IEIT Systems Co. Ltd., Class A | 50084 | 352527 |
|  | Iflytek Co. Ltd., Class A | 66700 | 432851 |
|  | IKD Co. Ltd., Class A | 77400 | 177255 |
|  | Imeik Technology Development Co. Ltd., Class A | 4160 | 98942 |
|  | Industrial & Commercial Bank of China Ltd., Class H | 28097185 | 19246891 |
|  | Industrial Bank Co. Ltd., Class A | 918539 | 2641640 |
|  | Industrial Securities Co. Ltd., Class A | 270848 | 215812 |
|  | INESA Intelligent Tech, Inc., Class A | 38400 | 125061 |
|  | Infore Environment Technology Group Co. Ltd., Class A | 233424 | 191980 |
|  | Ingenic Semiconductor Co. Ltd., Class A | 13600 | 127176 |
| \* | Inner Mongolia BaoTou Steel Union Co. Ltd., Class A | 1386020 | 329958 |
|  | Inner Mongolia Dian Tou Energy Corp. Ltd., Class A | 285000 | 700451 |
|  | Inner Mongolia ERDOS Resources Co. Ltd., Class A | 151356 | 189420 |
|  | Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd., Class A | 511903 | 381479 |
|  | Inner Mongolia Xingye Silver&Tin Mining Co. Ltd., Class A | 127300 | 233050 |
|  | Inner Mongolia Yili Industrial Group Co. Ltd., Class A | 252700 | 1035447 |
|  | Inner Mongolia Yuan Xing Energy Co. Ltd., Class A | 328100 | 231778 |
| \*W | Innovent Biologics, Inc. | 463500 | 3210162 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Intco Medical Technology Co. Ltd., Class A | 24200 | $74157 |
|  | iRay Group, Class A | 6115 | 102018 |
| \* | IRICO Display Devices Co. Ltd., Class A | 274400 | 253042 |
|  | JA Solar Technology Co. Ltd., Class A | 221504 | 291351 |
|  | Jafron Biomedical Co. Ltd., Class A | 44300 | 130348 |
|  | Jason Furniture Hangzhou Co. Ltd., Class A | 42680 | 146610 |
|  | JCET Group Co. Ltd., Class A | 105500 | 485999 |
|  | JCHX Mining Management Co. Ltd., Class A | 43000 | 219159 |
| \*W | JD Health International, Inc. | 829900 | 3938040 |
| \*W | JD Logistics, Inc. | 2335900 | 3663654 |
|  | JD.com, Inc. (9618 HK), Class A | 1581771 | 25753485 |
| # | JD.com, Inc. (JD US), ADR | 116630 | 3804471 |
|  | Jiangling Motors Corp. Ltd., Class A | 32100 | 83179 |
|  | Jiangsu Azure Corp., Class A | 37700 | 65990 |
|  | Jiangsu Broadcasting Cable Information Network Corp. Ltd., Class A | 316100 | 144157 |
|  | Jiangsu Changshu Rural Commercial Bank Co. Ltd., Class A | 258915 | 259063 |
|  | Jiangsu Eastern Shenghong Co. Ltd., Class A | 179040 | 217012 |
|  | Jiangsu Expressway Co. Ltd., Class H | 1110000 | 1381264 |
|  | Jiangsu Financial Leasing Co. Ltd., Class A | 154600 | 113651 |
|  | Jiangsu Guotai International Group Co. Ltd., Class A | 100300 | 98881 |
|  | Jiangsu Guoxin Corp. Ltd., Class A | 88700 | 89635 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
| \* | Jiangsu Haili Wind Power Equipment Technology Co. Ltd., Class A | 8000 | $66171 |
|  | Jiangsu Hengli Hydraulic Co. Ltd., Class A | 48686 | 501341 |
|  | Jiangsu Hengrui Pharmaceuticals Co. Ltd., Class A | 88675 | 623158 |
| \* | Jiangsu Hoperun Software Co. Ltd., Class A | 25000 | 178828 |
|  | Jiangsu Jiangyin Rural Commercial Bank Co. Ltd., Class A | 100200 | 57237 |
|  | Jiangsu Jiejie Microelectronics Co. Ltd., Class A | 37380 | 150689 |
|  | Jiangsu King's Luck Brewery JSC Ltd., Class A | 67812 | 442486 |
|  | Jiangsu Lihua Foods Group Co. Ltd. | 49500 | 129358 |
|  | Jiangsu Linyang Energy Co. Ltd., Class A | 150967 | 115107 |
|  | Jiangsu Nata Opto-electronic Material Co. Ltd., Class A | 26990 | 147017 |
|  | Jiangsu Nhwa Pharmaceutical Co. Ltd., Class A | 65800 | 202256 |
|  | Jiangsu Pacific Quartz Co. Ltd., Class A | 11352 | 50646 |
|  | Jiangsu Phoenix Publishing & Media Corp. Ltd., Class A | 158200 | 255831 |
|  | Jiangsu Provincial Agricultural Reclamation & Development Corp., Class A | 101600 | 136106 |
|  | Jiangsu Shagang Co. Ltd., Class A | 69200 | 55941 |
|  | Jiangsu Shemar Electric Co. Ltd., Class A | 6900 | 22832 |
|  | Jiangsu Xinquan Automotive Trim Co. Ltd., Class A | 27200 | 151166 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Jiangsu Yanghe Distillery Co. Ltd., Class A | 79190 | $748062 |
|  | Jiangsu Yangnong Chemical Co. Ltd., Class A | 28756 | 204208 |
|  | Jiangsu Yoke Technology Co. Ltd., Class A | 18462 | 140307 |
|  | Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., Class A | 59700 | 283307 |
|  | Jiangsu Zhongtian Technology Co. Ltd., Class A | 159700 | 306746 |
|  | Jiangsu Zijin Rural Commercial Bank Co. Ltd., Class A | 169800 | 63168 |
|  | Jiangxi Copper Co. Ltd., Class H | 1161000 | 1950823 |
|  | Jiangxi Ganyue Expressway Co. Ltd., Class A | 153500 | 108665 |
|  | Jiangxi Lianchuang Optoelectronic Science & Technology Co. Ltd., Class A | 12900 | 96088 |
| \* | Jiangxi Special Electric Motor Co. Ltd., Class A | 58800 | 56483 |
|  | Jiangzhong Pharmaceutical Co. Ltd., Class A | 35000 | 110348 |
|  | Jiayou International Logistics Co. Ltd., Class A | 77140 | 147957 |
|  | Jihua Group Corp. Ltd., Class A | 243400 | 86516 |
|  | Jilin Aodong Pharmaceutical Group Co. Ltd., Class A | 84200 | 185334 |
|  | Jilin Electric Power Co. Ltd., Class A | 153400 | 112780 |
|  | Jinduicheng Molybdenum Co. Ltd., Class A | 253400 | 342341 |
|  | Jinneng Holding Shanxi Coal Industry Co. Ltd., Class A | 155000 | 236374 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | JiuGui Liquor Co. Ltd., Class A | 8800 | $51967 |
|  | Jizhong Energy Resources Co. Ltd., Class A | 304000 | 261261 |
|  | Joincare Pharmaceutical Group Industry Co. Ltd., Class A | 119555 | 174522 |
|  | Jointown Pharmaceutical Group Co. Ltd., Class A | 357725 | 266490 |
|  | Jonjee Hi-Tech Industrial & Commercial Holding Co. Ltd., Class A | 28300 | 75147 |
|  | JSTI Group, Class A | 57800 | 70035 |
|  | Juneyao Airlines Co. Ltd., Class A | 206240 | 352332 |
|  | Kailuan Energy Chemical Co. Ltd., Class A | 42900 | 35676 |
|  | Keboda Technology Co. Ltd., Class A | 11400 | 85131 |
|  | Keda Industrial Group Co. Ltd., Class A | 105200 | 131306 |
|  | Kehua Data Co. Ltd., Class A | 32100 | 187980 |
|  | KingClean Electric Co. Ltd., Class A | 18500 | 54161 |
|  | Kingfa Sci & Tech Co. Ltd., Class A | 156100 | 235926 |
|  | Kingnet Network Co. Ltd., Class A | 141300 | 330032 |
|  | Kingsemi Co. Ltd., Class A | 4797 | 62939 |
|  | Konfoong Materials International Co. Ltd., Class A | 7400 | 76002 |
|  | KPC Pharmaceuticals, Inc., Class A | 42100 | 88702 |
| \*W | Kuaishou Technology | 2338900 | 15437419 |
|  | Kuang-Chi Technologies Co. Ltd., Class A | 48900 | 284302 |
|  | Kunlun Energy Co. Ltd. | 5852000 | 5577980 |
|  | Kunlun Tech Co. Ltd., Class A | 28500 | 125188 |
|  | Kunshan Huguang Auto Harness Co. Ltd., Class A | 20700 | 85622 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Kweichow Moutai Co. Ltd., Class A | 49893 | $10629720 |
|  | Lakala Payment Co. Ltd., Class A | 36800 | 107302 |
|  | Lao Feng Xiang Co. Ltd., Class A | 27700 | 183064 |
|  | Laobaixing Pharmacy Chain JSC, Class A | 36200 | 100189 |
|  | LB Group Co. Ltd., Class A | 145900 | 333304 |
|  | Leader Harmonious Drive Systems Co. Ltd., Class A | 3212 | 65358 |
|  | Lens Technology Co. Ltd., Class A | 200200 | 575893 |
|  | Leo Group Co. Ltd., Class A | 305600 | 156911 |
|  | Levima Advanced Materials Corp., Class A | 6500 | 13154 |
|  | Leyard Optoelectronic Co. Ltd., Class A | 143200 | 121304 |
| \* | Li Auto, Inc. (2015 HK), Class A | 363500 | 4429128 |
| #\* | Li Auto, Inc. (LI US), ADR | 105301 | 2568291 |
|  | Liaoning Cheng Da Co. Ltd., Class A | 71400 | 98258 |
|  | Lingyi iTech Guangdong Co., Class A | 280018 | 308471 |
|  | Lizhong Sitong Light Alloys Group Co. Ltd., Class A | 9300 | 21189 |
|  | Loncin Motor Co. Ltd., Class A | 111200 | 190744 |
| W | Longfor Group Holdings Ltd. | 1953000 | 2612278 |
|  | LONGi Green Energy Technology Co. Ltd., Class A | 180388 | 365242 |
|  | Longshine Technology Group Co. Ltd., Class A | 57600 | 111507 |
|  | Luenmei Quantum Co. Ltd., Class A | 87700 | 70880 |
|  | Luxi Chemical Group Co. Ltd., Class A | 151900 | 223484 |
|  | Luxshare Precision Industry Co. Ltd., Class A | 368724 | 1569496 |
|  | Luzhou Laojiao Co. Ltd., Class A | 83029 | 1414852 |

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Mango Excellent Media Co. Ltd., Class A | 67592 | $211694 |
|  | Maxscend Microelectronics Co. Ltd., Class A | 8600 | 88876 |
|  | Mayinglong Pharmaceutical Group Co. Ltd., Class A | 8900 | 31392 |
|  | Mehow Innovative Ltd., Class A | 5900 | 19223 |
|  | Meihua Holdings Group Co. Ltd., Class A | 226400 | 341624 |
|  | Meinian Onehealth Healthcare Holdings Co. Ltd., Class A | 167657 | 123148 |
| \*W | Meituan, Class B | 2176640 | 36039582 |
| # | Metallurgical Corp. of China Ltd., Class H | 2714000 | 513171 |
|  | Micro-Tech Nanjing Co. Ltd., Class A | 8087 | 66682 |
|  | Midea Group Co. Ltd., Class A | 274401 | 2782040 |
|  | Ming Yang Smart Energy Group Ltd., Class A | 59404 | 83536 |
|  | MINISO Group Holding Ltd. | 4600 | 20681 |
|  | Minmetals Capital Co. Ltd., Class A | 164400 | 117542 |
|  | MLS Co. Ltd., Class A | 93400 | 101559 |
|  | Montage Technology Co. Ltd., Class A | 11001 | 116455 |
|  | Muyuan Foods Co. Ltd., Class A | 224357 | 1225680 |
|  | Nanjing Iron & Steel Co. Ltd., Class A | 670400 | 398761 |
|  | Nanjing King-Friend Biochemical Pharmaceutical Co. Ltd., Class A | 44846 | 62827 |
|  | Nanjing Securities Co. Ltd., Class A | 124700 | 132897 |
| \* | Nanjing Tanker Corp., Class A | 382500 | 140571 |
|  | Nantong Jianghai Capacitor Co. Ltd., Class A | 51600 | 129660 |
|  | NARI Technology Co. Ltd., Class A | 299642 | 914240 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | National Silicon Industry Group Co. Ltd., Class A | 100256 | $241298 |
|  | NAURA Technology Group Co. Ltd., Class A | 15000 | 932803 |
| \* | NavInfo Co. Ltd., Class A | 56250 | 64522 |
|  | NBTM New Materials Group Co. Ltd., Class A | 23900 | 65860 |
|  | NetEase, Inc. (9999 HK) | 618100 | 13286895 |
|  | NetEase, Inc. (NTES US), ADR | 139207 | 14903501 |
|  | Neusoft Corp., Class A | 58300 | 80850 |
|  | New China Life Insurance Co. Ltd., Class H | 987000 | 3604435 |
| \* | New Hope Liuhe Co. Ltd., Class A | 108366 | 143191 |
|  | Neway Valve Suzhou Co. Ltd., Class A | 50800 | 187611 |
|  | Newland Digital Technology Co. Ltd., Class A | 58300 | 214982 |
| \* | Ninestar Corp., Class A | 33051 | 100181 |
|  | Ningbo Boway Alloy Material Co. Ltd., Class A | 54200 | 129868 |
|  | Ningbo Huaxiang Electronic Co. Ltd., Class A | 43700 | 100585 |
| \* | Ningbo Jifeng Auto Parts Co. Ltd., Class A | 61400 | 104785 |
|  | Ningbo Joyson Electronic Corp., Class A | 86200 | 195326 |
|  | Ningbo Orient Wires & Cables Co. Ltd., Class A | 34742 | 241823 |
|  | Ningbo Ronbay New Energy Technology Co. Ltd., Class A | 33961 | 93769 |
|  | Ningbo Sanxing Medical Electric Co. Ltd., Class A | 108100 | 380714 |
|  | Ningbo Tuopu Group Co. Ltd., Class A | 63289 | 457638 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Ningbo Zhoushan Port Co. Ltd., Class A | 224800 | $110112 |
|  | Ningxia Baofeng Energy Group Co. Ltd., Class A | 293000 | 646468 |
| \* | NIO, Inc. (9866 HK), Class A | 564740 | 2262034 |
| W | Nongfu Spring Co. Ltd., Class H | 1630200 | 7494340 |
|  | North Copper Co. Ltd., Class A | 117000 | 144647 |
|  | North Industries Group Red Arrow Co. Ltd., Class A | 58100 | 134880 |
|  | Northeast Securities Co. Ltd., Class A | 120200 | 125359 |
|  | Novoray Corp., Class A | 2923 | 22310 |
|  | NYOCOR Co. Ltd., Class A | 105900 | 80208 |
| \* | Offcn Education Technology Co. Ltd., Class A | 200012 | 82990 |
|  | Offshore Oil Engineering Co. Ltd., Class A | 334000 | 244256 |
| \* | OFILM Group Co. Ltd., Class A | 182900 | 283578 |
|  | Olympic Circuit Technology Co. Ltd., Class A | 27100 | 99451 |
|  | Oppein Home Group, Inc., Class A | 26695 | 243164 |
|  | Opple Lighting Co. Ltd., Class A | 20900 | 48582 |
|  | ORG Technology Co. Ltd., Class A | 165500 | 121769 |
|  | Orient Overseas International Ltd. | 125000 | 1746059 |
| #W | Orient Securities Co. Ltd., Class H | 837600 | 493303 |
| \* | Oriental Energy Co. Ltd., Class A | 95800 | 107906 |
|  | Oriental Pearl Group Co. Ltd., Class A | 141200 | 143415 |
| \* | Ourpalm Co. Ltd., Class A | 109500 | 72602 |
|  | Ovctek China, Inc., Class A | 9826 | 19913 |
| \* | Pacific Securities Co. Ltd., Class A | 266700 | 131405 |

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---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Pacific Shuanglin Bio-pharmacy Co. Ltd., Class A | 22800 | $68807 |
| \* | Pangang Group Vanadium Titanium & Resources Co. Ltd., Class A | 470200 | 165065 |
|  | PCI Technology Group Co. Ltd., Class A | 63800 | 45547 |
| \* | PDD Holdings, Inc., ADR | 380474 | 40166640 |
|  | People.cn Co. Ltd., Class A | 36600 | 99859 |
|  | People's Insurance Co. Group of China Ltd. , Class H | 6665000 | 3944454 |
|  | Perfect World Co. Ltd., Class A | 64785 | 121408 |
|  | PetroChina Co. Ltd., Class H | 19168000 | 14646998 |
|  | PICC Property & Casualty Co. Ltd., Class H | 5469198 | 10071196 |
|  | Ping An Bank Co. Ltd., Class A | 587500 | 883247 |
| # | Ping An Insurance Group Co. of China Ltd., Class H | 5254000 | 31445358 |
|  | Pingdingshan Tianan Coal Mining Co. Ltd., Class A | 229700 | 259951 |
|  | POCO Holding Co. Ltd., Class A | 11000 | 61280 |
| \* | Polaris Bay Group Co. Ltd., Class A | 93600 | 81821 |
| W | Pop Mart International Group Ltd | 446600 | 11138759 |
| W | Postal Savings Bank of China Co. Ltd., Class H | 6061000 | 3726193 |
|  | Power Construction Corp. of China Ltd., Class A | 720611 | 468526 |
| \* | Qi An Xin Technology Group, Inc., Class A | 32698 | 139250 |
|  | Qianhe Condiment & Food Co. Ltd., Class A | 10600 | 16433 |
|  | Qingdao Haier Biomedical Co. Ltd., Class A | 6715 | 29139 |
|  | Qingdao Hanhe Cable Co. Ltd., Class A | 208800 | 91771 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Qingdao Huicheng Environmental Technology Group Co. Ltd., Class A | 3500 | $65629 |
| W | Qingdao Port International Co. Ltd., Class H | 250000 | 180719 |
|  | Qingdao Rural Commercial Bank Corp., Class A | 379429 | 163672 |
|  | Qingdao Sentury Tire Co. Ltd., Class A | 75100 | 191240 |
|  | Qingdao TGOOD Electric Co. Ltd., Class A | 54800 | 174599 |
| \* | Qinghai Salt Lake Industry Co. Ltd., Class A | 273600 | 601739 |
| \* | QuantumCTek Co. Ltd., Class A | 1989 | 65743 |
|  | Quectel Wireless Solutions Co. Ltd., Class A | 10400 | 107830 |
|  | Range Intelligent Computing Technology Group Co. Ltd., Class A | 25200 | 167929 |
|  | Raytron Technology Co. Ltd., Class A | 21575 | 166128 |
|  | Red Avenue New Materials Group Co. Ltd., Class A | 23300 | 102914 |
| \* | Rising Nonferrous Metals Share Co. Ltd., Class A | 3100 | 15376 |
|  | Riyue Heavy Industry Co. Ltd., Class A | 51800 | 84942 |
|  | RoboTechnik Intelligent Technology Co. Ltd., Class A | 4300 | 77606 |
|  | Rockchip Electronics Co. Ltd., Class A | 7100 | 167168 |
|  | Rongsheng Petrochemical Co. Ltd., Class A | 521394 | 597867 |
| \* | Roshow Technology Co. Ltd., Class A | 86882 | 85419 |
| \* | Sai Micro Electronics, Inc., Class A | 29700 | 66734 |
|  | SAIC Motor Corp. Ltd., Class A | 214845 | 481103 |
|  | Sailun Group Co. Ltd., Class A | 260200 | 438006 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |  |
|  | Sanan Optoelectronics Co. Ltd., Class A | 211300 | $357586 |
|  | Sangfor Technologies, Inc., Class A | 13200 | 179238 |
|  | Sanquan Food Co. Ltd., Class A | 33000 | 52376 |
|  | Sansure Biotech, Inc., Class A | 24500 | 66883 |
|  | Sanwei Holding Group Co. Ltd., Class A | 43500 | 65484 |
|  | Sany Heavy Industry Co. Ltd., Class A | 286434 | 746237 |
|  | Satellite Chemical Co. Ltd., Class A | 329961 | 824906 |
|  | SDIC Capital Co. Ltd., Class A | 190204 | 179196 |
|  | SDIC Power Holdings Co. Ltd., Class A | 285800 | 592025 |
|  | Sealand Securities Co. Ltd., Class A | 369790 | 194012 |
|  | Seres Group Co. Ltd., Class A | 57600 | 1035338 |
|  | SF Holding Co. Ltd., Class A | 294361 | 1763608 |
|  | SG Micro Corp., Class A | 6515 | 90882 |
|  | Shaanxi Beiyuan Chemical Industry Group Co. Ltd., Class A | 175500 | 101715 |
|  | Shaanxi Coal Industry Co. Ltd., Class A | 567700 | 1498966 |
|  | Shaanxi Construction Engineering Group Corp. Ltd., Class A | 261800 | 141248 |
|  | Shan Xi Hua Yang Group New Energy Co. Ltd., Class A | 322150 | 290597 |
|  | Shandong Buchang Pharmaceuticals Co. Ltd., Class A | 60500 | 131429 |
| W | Shandong Gold Mining Co. Ltd., Class H | 617750 | 1819880 |
|  | Shandong Himile Mechanical Science & Technology Co. Ltd., Class A | 80700 | 631069 |
|  | Shandong Hi-speed Co. Ltd., Class A | 59700 | 89018 |
|  | Shandong Hualu Hengsheng Chemical Co. Ltd., Class A | 139650 | 392145 |

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954

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shandong Humon Smelting Co. Ltd., Class A | 71200 | $106250 |
|  | Shandong Linglong Tyre Co. Ltd., Class A | 105800 | 207577 |
|  | Shandong Nanshan Aluminum Co. Ltd., Class A | 855210 | 430099 |
|  | Shandong Pharmaceutical Glass Co. Ltd., Class A | 53700 | 164132 |
|  | Shandong Publishing & Media Co. Ltd., Class A | 95200 | 128682 |
|  | Shandong Sun Paper Industry JSC Ltd., Class A | 265450 | 511818 |
|  | Shandong Weifang Rainbow Chemical Co. Ltd., Class A | 14600 | 105791 |
|  | Shandong Yisheng Livestock & Poultry Breeding Co. Ltd., Class A | 44400 | 50607 |
| \* | Shanghai Aiko Solar Energy Co. Ltd., Class A | 84800 | 122740 |
|  | Shanghai Allist Pharmaceuticals Co. Ltd., Class A | 15788 | 190019 |
|  | Shanghai Bailian Group Co. Ltd., Class A | 116800 | 153924 |
| \* | Shanghai Bairun Investment Holding Group Co. Ltd., Class A | 47236 | 169947 |
|  | Shanghai Baosight Software Co. Ltd., Class A | 89518 | 331537 |
|  | Shanghai Belling Co. Ltd., Class A | 18000 | 87001 |
|  | Shanghai BOCHU Electronic Technology Corp. Ltd., Class A | 4981 | 133425 |
|  | Shanghai Chinafortune Co. Ltd., Class A | 51500 | 95131 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai Construction Group Co. Ltd., Class A | 635276 | $210627 |
|  | Shanghai Daimay Automotive Interior Co. Ltd., Class A | 59660 | 65765 |
| \* | Shanghai DZH Ltd., Class A | 46200 | 54368 |
| #\* | Shanghai Electric Group Co. Ltd., Class H | 2092000 | 687420 |
|  | Shanghai Electric Power Co. Ltd., Class A | 157200 | 193460 |
|  | Shanghai Environment Group Co. Ltd., Class A | 79098 | 85669 |
|  | Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H | 386500 | 695078 |
|  | Shanghai Fullhan Microelectronics Co. Ltd., Class A | 9500 | 63364 |
|  | Shanghai Gentech Co. Ltd., Class A | 4961 | 25449 |
|  | Shanghai Hanbell Precise Machinery Co. Ltd., Class A | 18100 | 41352 |
|  | Shanghai Huace Navigation Technology Ltd., Class A | 17900 | 104854 |
|  | Shanghai Huafon Aluminium Corp., Class A | 69300 | 162872 |
|  | Shanghai Huayi Group Co. Ltd., Class A | 131700 | 123378 |
|  | Shanghai International Airport Co. Ltd., Class A | 31700 | 139986 |
|  | Shanghai Jahwa United Co. Ltd., Class A | 26300 | 84754 |
|  | Shanghai Jinjiang International Hotels Co. Ltd., Class A | 51700 | 170973 |
|  | Shanghai Jinqiao Export Processing Zone Development Co. Ltd., Class A | 45700 | 65826 |

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**CONTINUED** 

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| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Shanghai Lingang Holdings Corp. Ltd., Class A | 109060 | $136525 |
| Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd., Class A | 41220 | 49924 |
| Shanghai M&G Stationery, Inc., Class A | 16569 | 67040 |
| Shanghai Mechanical & Electrical Industry Co. Ltd., Class A | 39900 | 121986 |
| Shanghai MicroPort Endovascular MedTech Group Co. Ltd., Class A | 3317 | 38622 |
| Shanghai Moons' Electric Co. Ltd., Class A | 10400 | 94254 |
| Shanghai Pharmaceuticals Holding Co. Ltd., Class H | 648400 | 886703 |
| Shanghai Pret Composites Co. Ltd., Class A | 35800 | 51054 |
| Shanghai Pudong Development Bank Co. Ltd., Class A | 882471 | 1331226 |
| Shanghai Putailai New Energy Technology Co. Ltd., Class A | 77056 | 178361 |
| Shanghai RAAS Blood Products Co. Ltd., Class A | 203700 | 188377 |
| Shanghai Runda Medical Technology Co. Ltd., Class A | 9600 | 23860 |
| Shanghai Rural Commercial Bank Co. Ltd., Class A | 331200 | 383182 |
| Shanghai Shyndec Pharmaceutical Co. Ltd., Class A | 81100 | 114291 |
| Shanghai Sinyang Semiconductor Materials Co. Ltd., Class A | 9700 | 50221 |
| Shanghai Stonehill Technology Co. Ltd., Class A | 315000 | 225341 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shanghai Tunnel Engineering Co. Ltd., Class A | 221400 | $181330 |
|  | Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd., Class A | 52400 | 81007 |
|  | Shanghai Wanye Enterprises Co. Ltd., Class A | 48700 | 96756 |
|  | Shanghai Yuyuan Tourist Mart Group Co. Ltd., Class A | 162659 | 125833 |
|  | Shanghai Zhangjiang High-Tech Park Development Co. Ltd., Class A | 102000 | 367548 |
|  | Shanghai Zhenhua Heavy Industries Co. Ltd., Class A | 186000 | 109163 |
| \* | Shanghai Zhonggu Logistics Co. Ltd., Class A | 153299 | 227028 |
|  | Shanjin International Gold Co. Ltd., Class A | 195817 | 550478 |
|  | Shannon Semiconductor Technology Co. Ltd., Class A | 19700 | 83472 |
|  | Shantui Construction Machinery Co. Ltd., Class A | 94700 | 113754 |
|  | Shanxi Coal International Energy Group Co. Ltd., Class A | 158900 | 207191 |
|  | Shanxi Coking Coal Energy Group Co. Ltd., Class A | 398830 | 351983 |
|  | Shanxi Lu'an Environmental Energy Development Co. Ltd., Class A | 256030 | 385131 |
| \* | Shanxi Meijin Energy Co. Ltd., Class A | 225117 | 130238 |
|  | Shanxi Securities Co. Ltd., Class A | 165980 | 129103 |
| \* | Shanxi Taigang Stainless Steel Co. Ltd., Class A | 331600 | 161081 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanxi Xinghuacun Fen Wine Factory Co. Ltd., Class A | 50207 | $1411174 |
|  | Sharetronic Data Technology Co. Ltd., Class A | 8700 | 126669 |
|  | Shede Spirits Co. Ltd., Class A | 11300 | 88289 |
|  | Shenghe Resources Holding Co. Ltd., Class A | 109500 | 159603 |
| \* | Shengyi Electronics Co. Ltd., Class A | 8718 | 31232 |
|  | Shengyi Technology Co. Ltd., Class A | 59100 | 198318 |
|  | Shennan Circuits Co. Ltd., Class A | 16082 | 242630 |
| W | Shenwan Hongyuan Group Co. Ltd., Class H | 1400000 | 370822 |
|  | Shenzhen Agricultural Power Group Co. Ltd., Class A | 91400 | 79811 |
|  | Shenzhen Airport Co. Ltd., Class A | 135900 | 126733 |
|  | Shenzhen Aisidi Co. Ltd., Class A | 83700 | 133968 |
|  | Shenzhen Capchem Technology Co. Ltd., Class A | 34840 | 152441 |
|  | Shenzhen Energy Group Co. Ltd., Class A | 257619 | 227060 |
|  | Shenzhen Envicool Technology Co. Ltd., Class A | 30350 | 133013 |
| \* | Shenzhen Everwin Precision Technology Co. Ltd., Class A | 77700 | 230951 |
|  | Shenzhen Fastprint Circuit Tech Co. Ltd., Class A | 75000 | 129349 |
|  | Shenzhen Fortune Trend Technology Co. Ltd., Class A | 4516 | 84450 |
|  | Shenzhen FRD Science & Technology Co. Ltd., Class A | 8600 | 23175 |
|  | Shenzhen Gas Corp. Ltd., Class A | 177500 | 155934 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shenzhen Goodix Technology Co. Ltd., Class A | 16200 | $156626 |
|  | Shenzhen H&T Intelligent Control Co. Ltd., Class A | 44700 | 120805 |
|  | Shenzhen Huaqiang Industry Co. Ltd., Class A | 41400 | 145892 |
|  | Shenzhen Inovance Technology Co. Ltd., Class A | 40500 | 398652 |
|  | Shenzhen Kaifa Technology Co. Ltd., Class A | 101000 | 249388 |
|  | Shenzhen Kangtai Biological Products Co. Ltd., Class A | 17240 | 32344 |
|  | Shenzhen Kedali Industry Co. Ltd., Class A | 16766 | 304032 |
|  | Shenzhen Kingdom Sci-Tech Co. Ltd., Class A | 32900 | 66859 |
|  | Shenzhen Kinwong Electronic Co. Ltd., Class A | 87364 | 336032 |
|  | Shenzhen Kstar Science & Technology Co. Ltd., Class A | 37800 | 117307 |
|  | Shenzhen Megmeet Electrical Co. Ltd., Class A | 25700 | 153619 |
|  | Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A | 44873 | 1357134 |
|  | Shenzhen MTC Co. Ltd., Class A | 411800 | 244537 |
|  | Shenzhen New Industries Biomedical Engineering Co. Ltd., Class A | 26100 | 188279 |
| \* | Shenzhen Overseas Chinese Town Co. Ltd., Class A | 62980 | 20494 |
|  | Shenzhen Salubris Pharmaceuticals Co. Ltd., Class A | 35500 | 199918 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen SC New Energy Technology Corp., Class A | 21859 | $165463 |
|  | Shenzhen SED Industry Co. Ltd., Class A | 62800 | 195259 |
|  | Shenzhen Senior Technology Material Co. Ltd., Class A | 93752 | 117376 |
|  | Shenzhen Sunlord Electronics Co. Ltd., Class A | 53300 | 204615 |
|  | Shenzhen Suntak Circuit Technology Co. Ltd., Class A | 65500 | 91005 |
|  | Shenzhen Sunway Communication Co. Ltd., Class A | 68700 | 188903 |
|  | Shenzhen Topband Co. Ltd., Class A | 64000 | 123404 |
|  | Shenzhen Transsion Holdings Co. Ltd., Class A | 38786 | 400918 |
|  | Shenzhen Woer Heat-Shrinkable Material Co. Ltd., Class A | 65400 | 165671 |
|  | Shenzhen Yan Tian Port Holding Co. Ltd., Class A | 59100 | 36865 |
|  | Shenzhen Yinghe Technology Co. Ltd., Class A | 41400 | 94054 |
|  | Shenzhen YUTO Packaging Technology Co. Ltd., Class A | 65371 | 186546 |
|  | Shenzhen Zhaowei Machinery & Electronic Co. Ltd., Class A | 6200 | 108632 |
|  | Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd., Class A | 304014 | 186835 |
|  | Shenzhou International Group Holdings Ltd. | 760800 | 5273637 |
| \* | Shijiazhuang Changshan BeiMing Technology Co. Ltd., Class A | 55600 | 172520 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shijiazhuang Yiling Pharmaceutical Co. Ltd., Class A | 74056 | $140140 |
| \* | Siasun Robot & Automation Co. Ltd., Class A | 53400 | 122807 |
|  | Sichuan Changhong Electric Co. Ltd., Class A | 222305 | 321558 |
|  | Sichuan Chuantou Energy Co. Ltd., Class A | 183800 | 429837 |
|  | Sichuan Development Lomon Co. Ltd., Class A | 85000 | 129043 |
|  | Sichuan Hebang Biotechnology Co. Ltd., Class A | 579500 | 134908 |
|  | Sichuan Hexie Shuangma Co. Ltd., Class A | 45400 | 98149 |
| \* | Sichuan Hongda Co. Ltd., Class A | 110900 | 101644 |
|  | Sichuan Jiuzhou Electric Co. Ltd., Class A | 31800 | 66457 |
|  | Sichuan Kelun Pharmaceutical Co. Ltd., Class A | 129301 | 645055 |
| \* | Sichuan Kelun-Biotech Biopharmaceutical Co. Ltd. | 3500 | 149725 |
|  | Sichuan New Energy Power Co. Ltd., Class A | 85800 | 120761 |
|  | Sichuan Road & Bridge Group Co. Ltd., Class A | 429140 | 513269 |
|  | Sichuan Swellfun Co. Ltd., Class A | 29400 | 184376 |
|  | Sichuan Teway Food Group Co. Ltd., Class A | 41600 | 64264 |
|  | Sichuan Yahua Industrial Group Co. Ltd., Class A | 60500 | 93188 |
|  | Sieyuan Electric Co. Ltd., Class A | 49100 | 487046 |
|  | Sino Biopharmaceutical Ltd. | 11298500 | 5674097 |
|  | Sinocare, Inc., Class A | 24606 | 69967 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sinofibers Technology Co. Ltd., Class A | 14600 | $71383 |
|  | Sinolink Securities Co. Ltd., Class A | 150200 | 168084 |
|  | Sinoma International Engineering Co., Class A | 254900 | 321759 |
|  | Sinoma Science & Technology Co. Ltd., Class A | 89494 | 169285 |
|  | Sinomach Automobile Co. Ltd., Class A | 31900 | 27811 |
| \* | Sinomach Heavy Equipment Group Co. Ltd., Class A | 123200 | 47844 |
|  | Sinomine Resource Group Co. Ltd., Class A | 22900 | 91749 |
|  | Sinopharm Group Co. Ltd., Class H | 896000 | 2111646 |
|  | Sinosoft Co. Ltd., Class A | 52192 | 137260 |
|  | Sinotruk Jinan Truck Co. Ltd., Class A | 80400 | 188081 |
|  | Skshu Paint Co. Ltd., Class A | 16707 | 111398 |
|  | Skyworth Digital Co. Ltd., Class A | 38300 | 59123 |
| W | Smoore International Holdings Ltd. | 996000 | 1723894 |
|  | Songcheng Performance Development Co. Ltd., Class A | 41100 | 52898 |
|  | Sonoscape Medical Corp., Class A | 3400 | 14527 |
|  | SooChow Securities Co. Ltd., Class A | 194450 | 209297 |
|  | Southern Publishing & Media Co. Ltd., Class A | 60300 | 137009 |
|  | Southwest Securities Co. Ltd., Class A | 356836 | 202349 |
|  | SPIC Industry-Finance Holdings Co. Ltd., Class A | 162300 | 143168 |
|  | Spring Airlines Co. Ltd., Class A | 52800 | 389545 |
|  | Star Lake Bioscience Co., Inc. Zhaoqing Guangdong, Class A | 121700 | 126680 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | StarPower Semiconductor Ltd., Class A | 7860 | $89234 |
|  | State Grid Information & Communication Co. Ltd., Class A | 75800 | 188863 |
|  | State Grid Yingda Co. Ltd., Class A | 67900 | 45358 |
|  | STO Express Co. Ltd., Class A | 117700 | 173201 |
|  | Sumec Corp. Ltd., Class A | 97700 | 127281 |
|  | Sungrow Power Supply Co. Ltd., Class A | 77820 | 649714 |
|  | Sunny Optical Technology Group Co. Ltd. | 548200 | 4612694 |
|  | Sunresin New Materials Co. Ltd., Class A | 30700 | 183886 |
|  | Sunshine Guojian Pharmaceutical Shanghai Co. Ltd., Class A | 5234 | 20979 |
|  | Sunwoda Electronic Co. Ltd., Class A | 77500 | 202685 |
|  | Suofeiya Home Collection Co. Ltd., Class A | 30900 | 64804 |
|  | SUPCON Technology Co. Ltd., Class A | 18947 | 123190 |
|  | Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A | 167300 | 595358 |
|  | Suzhou Maxwell Technologies Co. Ltd., Class A | 9561 | 91680 |
|  | Suzhou TFC Optical Communication Co. Ltd., Class A | 22400 | 215203 |
| \* | Suzhou Zelgen Biopharmaceutical Co. Ltd., Class A | 6324 | 94136 |
|  | Taiji Computer Corp. Ltd., Class A | 29200 | 96918 |
| \* | Talkweb Information System Co. Ltd., Class A | 26200 | 119954 |
| \* | Tangshan Jidong Cement Co. Ltd., Class A | 152300 | 99322 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | TangShan Port Group Co. Ltd., Class A | 531500 | $293634 |
|  | Tasly Pharmaceutical Group Co. Ltd., Class A | 89600 | 187792 |
|  | TBEA Co. Ltd., Class A | 291720 | 463182 |
|  | TCL Technology Group Corp., Class A | 893498 | 509921 |
|  | TCL Zhonghuan Renewable Energy Technology Co. Ltd., Class A | 65600 | 69209 |
|  | Telling Telecommunication Holding Co. Ltd., Class A | 17500 | 23368 |
|  | Tencent Holdings Ltd. | 3712900 | 227418623 |
|  | Tencent Music Entertainment Group, ADR | 557494 | 7481569 |
|  | Thunder Software Technology Co. Ltd., Class A | 10200 | 78502 |
|  | Tian Di Science & Technology Co. Ltd., Class A | 466820 | 398356 |
| \* | Tianfeng Securities Co. Ltd., Class A | 301300 | 161840 |
|  | Tianjin Chase Sun Pharmaceutical Co. Ltd., Class A | 145700 | 67905 |
|  | Tianjin Pharmaceutical Da Re Tang Group Corp. Ltd., Class A | 26400 | 107351 |
|  | Tianjin Port Co. Ltd., Class A | 173804 | 105855 |
| \* | Tianma Microelectronics Co. Ltd., Class A | 79055 | 86858 |
|  | Tianneng Battery Group Co. Ltd., Class A | 23919 | 85474 |
|  | Tianshan Aluminum Group Co. Ltd., Class A | 396700 | 406979 |
|  | TianShan Material Co. Ltd., Class A | 100900 | 68171 |
|  | Tianshui Huatian Technology Co. Ltd., Class A | 110800 | 141532 |
|  | Tibet Huayu Mining Co. Ltd., Class A | 25700 | 62861 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Tibet Mineral Development Co. Ltd., Class A | 24700 | $63048 |
|  | Tibet Rhodiola Pharmaceutical Holding Co., Class A | 17210 | 84120 |
|  | Tingyi Cayman Islands Holding Corp | 2038000 | 3681303 |
|  | Tofflon Science & Technology Group Co. Ltd., Class A | 25300 | 40978 |
|  | TongFu Microelectronics Co. Ltd., Class A | 130600 | 460672 |
|  | Tonghua Dongbao Pharmaceutical Co. Ltd., Class A | 130100 | 129523 |
| \* | Tonghua Golden-Horse Pharmaceutical Industry Co. Ltd., Class A | 20200 | 48646 |
|  | Tongkun Group Co. Ltd., Class A | 147609 | 221173 |
|  | Tongling Jingda Special Magnet Wire Co. Ltd., Class A | 62800 | 58035 |
|  | Tongling Nonferrous Metals Group Co. Ltd., Class A | 1010500 | 440088 |
|  | Tongwei Co. Ltd., Class A | 209300 | 470164 |
|  | Topchoice Medical Corp., Class A | 18510 | 102442 |
| \* | TPV Technology Co. Ltd., Class A | 236100 | 75077 |
|  | Transfar Zhilian Co. Ltd., Class A | 165100 | 119354 |
|  | Triangle Tyre Co. Ltd., Class A | 47200 | 88025 |
|  | Trina Solar Co. Ltd., Class A | 93219 | 168258 |
|  | Trip.com Group Ltd. (9961 HK) | 99700 | 6006007 |
|  | Trip.com Group Ltd. (TCOM US), ADR | 293024 | 17285486 |
|  | TRS Information Technology Corp. Ltd., Class A | 23800 | 60380 |
| \* | Tsinghua Tongfang Co. Ltd., Class A | 144100 | 138257 |
|  | Tsingtao Brewery Co. Ltd., Class H | 592000 | 4183353 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Unigroup Guoxin Microelectronics Co. Ltd., Class A | 21199 | $187087 |
|  | Unisplendour Corp. Ltd., Class A | 174660 | 606538 |
|  | Universal Scientific Industrial Shanghai Co. Ltd., Class A | 110389 | 210822 |
|  | Venustech Group, Inc., Class A | 29500 | 62926 |
| \* | Verisilicon Microelectronics Shanghai Co. Ltd., Class A | 5590 | 74096 |
|  | Victory Giant Technology Huizhou Co. Ltd., Class A | 61300 | 624836 |
|  | Vipshop Holdings Ltd., ADR | 437747 | 5962114 |
| \* | Visionox Technology, Inc., Class A | 49700 | 58582 |
|  | Walvax Biotechnology Co. Ltd., Class A | 54900 | 75721 |
| \* | Wanda Film Holding Co. Ltd., Class A | 94900 | 147131 |
|  | Wangsu Science & Technology Co. Ltd., Class A | 165500 | 267394 |
|  | Wanhua Chemical Group Co. Ltd., Class A | 185000 | 1387920 |
|  | Want Want China Holdings Ltd. | 1982000 | 1297048 |
|  | Wanxiang Qianchao Co. Ltd., Class A | 217200 | 194609 |
|  | Wasu Media Holding Co. Ltd., Class A | 99500 | 105604 |
|  | Weichai Power Co. Ltd., Class H | 2380800 | 4644702 |
|  | Weifu High-Technology Group Co. Ltd., Class A | 48000 | 129051 |
|  | Weihai Guangwei Composites Co. Ltd., Class A | 43726 | 174991 |
|  | Wens Foodstuff Group Co. Ltd., Class A | 205180 | 478829 |
|  | Western Mining Co. Ltd., Class A | 148200 | 314405 |
| \* | Western Region Gold Co. Ltd., Class A | 27500 | 61332 |
|  | Western Securities Co. Ltd., Class A | 238600 | 247524 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Western Superconducting Technologies Co. Ltd., Class A | 29292 | $189477 |
|  | Will Semiconductor Co. Ltd. Shanghai, Class A | 12821 | 232881 |
|  | Willfar Information Technology Co. Ltd., Class A | 12148 | 60156 |
|  | Wingtech Technology Co. Ltd., Class A | 32548 | 156322 |
|  | Winner Medical Co. Ltd., Class A | 23997 | 172641 |
|  | Winning Health Technology Group Co. Ltd., Class A | 125560 | 176915 |
|  | Wolong Electric Group Co. Ltd., Class A | 126200 | 446094 |
|  | Wuchan Zhongda Group Co. Ltd., Class A | 358650 | 251237 |
|  | Wuhan Dr. Laser Technology Corp. Ltd., Class A | 13400 | 106422 |
|  | Wuhan East Lake High Technology Group Co. Ltd., Class A | 19200 | 23227 |
|  | Wuhan Guide Infrared Co. Ltd., Class A | 44693 | 50748 |
|  | Wuhan Jingce Electronic Group Co. Ltd., Class A | 9800 | 82219 |
|  | Wuhan Raycus Fiber Laser Technologies Co. Ltd., Class A | 19400 | 47727 |
|  | Wuhu Token Science Co. Ltd., Class A | 146800 | 114869 |
|  | Wuliangye Yibin Co. Ltd., Class A | 204106 | 3617383 |
|  | WUS Printed Circuit Kunshan Co. Ltd., Class A | 151200 | 585006 |
| #W | WuXi AppTec Co. Ltd., Class H | 257760 | 1992123 |
| \*W | Wuxi Biologics Cayman, Inc | 2630000 | 7638645 |
|  | Wuxi Lead Intelligent Equipment Co. Ltd., Class A | 37100 | 101842 |
|  | Wuxi NCE Power Co. Ltd., Class A | 16400 | 69927 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Wuxi Rural Commercial Bank Co. Ltd., Class A | 110000 | $83815 |
|  | Wuxi Taiji Industry Ltd. Co., Class A | 106800 | 93101 |
|  | XCMG Construction Machinery Co. Ltd., Class A | 491903 | 597159 |
|  | XGD, Inc., Class A | 31000 | 94316 |
|  | Xiamen Amoytop Biotech Co. Ltd., Class A | 21336 | 218569 |
|  | Xiamen Bank Co. Ltd., Class A | 148900 | 118161 |
|  | Xiamen C & D, Inc., Class A | 147200 | 211139 |
|  | Xiamen Faratronic Co. Ltd., Class A | 17000 | 243651 |
|  | Xiamen Intretech, Inc., Class A | 40100 | 84465 |
|  | Xiamen ITG Group Corp. Ltd., Class A | 159530 | 137744 |
|  | Xiamen Tungsten Co. Ltd., Class A | 119680 | 302318 |
|  | Xiamen Xiangyu Co. Ltd., Class A | 166300 | 148430 |
|  | Xi'an Bright Laser Technologies Co. Ltd., Class A | 12047 | 112600 |
| \* | Xian International Medical Investment Co. Ltd., Class A | 63400 | 43935 |
|  | Xi'An Shaangu Power Co. Ltd., Class A | 97000 | 110752 |
|  | Xi'an Triangle Defense Co. Ltd., Class A | 29800 | 101676 |
|  | Xiangcai Co. Ltd., Class A | 122300 | 130771 |
| \* | Xiangtan Electric Manufacturing Co. Ltd., Class A | 63200 | 86220 |
|  | Xianhe Co. Ltd., Class A | 30100 | 87103 |
| \*W | Xiaomi Corp., Class B | 4087000 | 26165789 |
|  | Xinfengming Group Co. Ltd., Class A | 138600 | 205922 |
|  | Xinhuanet Co. Ltd., Class A | 18900 | 58229 |
|  | Xinjiang Xintai Natural Gas Co. Ltd., Class A | 27300 | 104348 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Xinxiang Richful Lube Additive Co. Ltd., Class A | 20300 | $172759 |
|  | Xinxing Ductile Iron Pipes Co. Ltd., Class A | 192100 | 89092 |
|  | Xinyu Iron & Steel Co. Ltd., Class A | 174600 | 97195 |
| \* | XPeng, Inc., Class A | 826200 | 7691106 |
|  | Xuji Electric Co. Ltd., Class A | 72200 | 211207 |
|  | Yangzhou Yangjie Electronic Technology Co. Ltd., Class A | 36000 | 240134 |
|  | Yankershop Food Co. Ltd., Class A | 11500 | 142230 |
| # | Yankuang Energy Group Co. Ltd., Class H | 3732300 | 3898098 |
|  | Yantai Changyu Pioneer Wine Co. Ltd., Class A | 20000 | 62231 |
|  | Yantai Dongcheng Pharmaceutical Co. Ltd., Class A | 35100 | 72297 |
|  | Yantai Eddie Precision Machinery Co. Ltd., Class A | 49800 | 128751 |
|  | Yantai Jereh Oilfield Services Group Co. Ltd., Class A | 76255 | 329801 |
|  | Yealink Network Technology Corp. Ltd., Class A | 40676 | 186041 |
|  | YGSOFT, Inc., Class A | 81000 | 63545 |
|  | Yifan Pharmaceutical Co. Ltd., Class A | 79900 | 124812 |
|  | Yifeng Pharmacy Chain Co. Ltd., Class A | 56180 | 219068 |
|  | Yizumi Holdings Co. Ltd., Class A | 16200 | 45760 |
|  | Yonfer Agricultural Technology Co. Ltd., Class A | 80000 | 149468 |
| \* | Yonghui Superstores Co. Ltd., Class A | 325000 | 228871 |
|  | YongXing Special Materials Technology Co. Ltd., Class A | 20170 | 85154 |

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**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Yonyou Network Technology Co. Ltd., Class A | 30300 | $61547 |
|  | Youngor Fashion Co. Ltd., Class A | 319604 | 329823 |
|  | YTO Express Group Co. Ltd., Class A | 230662 | 416055 |
|  | Yuan Longping High-tech Agriculture Co. Ltd., Class A | 24400 | 33948 |
|  | YUNDA Holding Group Co. Ltd., Class A | 146490 | 136989 |
|  | Yunnan Aluminium Co. Ltd., Class A | 357300 | 748640 |
|  | Yunnan Baiyao Group Co. Ltd., Class A | 44640 | 351950 |
|  | Yunnan Chihong Zinc&Germanium Co. Ltd., Class A | 271600 | 190022 |
|  | Yunnan Copper Co. Ltd., Class A | 252100 | 404464 |
|  | Yunnan Energy Investment Co. Ltd., Class A | 27700 | 41561 |
|  | Yunnan Energy New Material Co. Ltd., Class A | 23562 | 89980 |
|  | Yunnan Tin Co. Ltd., Class A | 179300 | 341487 |
|  | Yunnan Yuntianhua Co. Ltd., Class A | 103600 | 318659 |
|  | Zangge Mining Co. Ltd., Class A | 97900 | 487622 |
|  | Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A | 19450 | 549396 |
|  | Zhaojin Mining Industry Co. Ltd., Class H | 636500 | 1516363 |
|  | Zhefu Holding Group Co. Ltd., Class A | 395623 | 171390 |
|  | Zhejiang Cfmoto Power Co. Ltd., Class A | 11300 | 258500 |
|  | Zhejiang China Commodities City Group Co. Ltd., Class A | 325179 | 685697 |
|  | Zhejiang Chint Electrics Co. Ltd., Class A | 93421 | 286818 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang Communications Technology Co. Ltd., Class A | 168620 | $89343 |
|  | Zhejiang Conba Pharmaceutical Co. Ltd., Class A | 71100 | 43006 |
|  | Zhejiang Crystal-Optech Co. Ltd., Class A | 42300 | 114640 |
|  | Zhejiang Dahua Technology Co. Ltd., Class A | 92113 | 199830 |
|  | Zhejiang Daily Digital Culture Group Co. Ltd., Class A | 67400 | 130507 |
|  | Zhejiang Dingli Machinery Co. Ltd., Class A | 28370 | 169772 |
| \* | Zhejiang Dun'An Artificial Environment Co. Ltd., Class A | 62400 | 97101 |
|  | Zhejiang Hailiang Co. Ltd., Class A | 143800 | 189169 |
|  | Zhejiang HangKe Technology, Inc. Co., Class A | 14018 | 32976 |
| \* | Zhejiang Hisun Pharmaceutical Co. Ltd., Class A | 67600 | 82522 |
|  | Zhejiang Huace Film & Television Co. Ltd., Class A | 79100 | 78401 |
|  | Zhejiang Huahai Pharmaceutical Co. Ltd., Class A | 93540 | 184915 |
|  | Zhejiang Huayou Cobalt Co. Ltd., Class A | 49411 | 230502 |
|  | Zhejiang Jiahua Energy Chemical Industry Co. Ltd., Class A | 110700 | 130292 |
|  | Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A | 87700 | 331431 |
|  | Zhejiang Jingxin Pharmaceutical Co. Ltd., Class A | 48300 | 90824 |

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963

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Zhejiang Jinke Tom Culture Industry Co. Ltd., Class A | 138400 | $95927 |
|  | Zhejiang JIULI Hi-tech Metals Co. Ltd., Class A | 80500 | 259430 |
|  | Zhejiang Jolly Pharmaceutical Co. Ltd., Class A | 35100 | 75790 |
|  | Zhejiang Juhua Co. Ltd., Class A | 158900 | 557455 |
| \*W | Zhejiang Leapmotor Technology Co. Ltd | 91000 | 651223 |
|  | Zhejiang Longsheng Group Co. Ltd., Class A | 102400 | 138400 |
|  | Zhejiang Medicine Co. Ltd., Class A | 43900 | 80545 |
|  | Zhejiang NHU Co. Ltd., Class A | 254788 | 775945 |
|  | Zhejiang Orient Financial Holdings Group Co. Ltd., Class A | 157600 | 130495 |
|  | Zhejiang Sanhua Intelligent Controls Co. Ltd., Class A | 67794 | 250589 |
|  | Zhejiang Sanmei Chemical Industry Co. Ltd., Class A | 12300 | 74973 |
|  | Zhejiang Semir Garment Co. Ltd., Class A | 269800 | 208738 |
|  | Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co. Ltd., Class A | 60000 | 42844 |
|  | Zhejiang Shuanghuan Driveline Co. Ltd., Class A | 20800 | 96661 |
|  | Zhejiang Supor Co. Ltd., Class A | 22354 | 173096 |
|  | Zhejiang Wanfeng Auto Wheel Co. Ltd., Class A | 114100 | 262371 |
|  | Zhejiang Weiming Environment Protection Co. Ltd., Class A | 136103 | 364895 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang Weixing Industrial Development Co. Ltd., Class A | 66500 | $101315 |
|  | Zhejiang Weixing New Building Materials Co. Ltd., Class A | 76434 | 124115 |
|  | Zhejiang Wolwo Bio-Pharmaceutical Co. Ltd., Class A | 19900 | 53855 |
|  | Zhejiang Xinan Chemical Industrial Group Co. Ltd., Class A | 36080 | 37669 |
|  | Zhejiang Yinlun Machinery Co. Ltd., Class A | 56700 | 198699 |
|  | Zheshang Securities Co. Ltd., Class A | 86163 | 124653 |
|  | Zhongji Innolight Co. Ltd., Class A | 36037 | 421408 |
|  | Zhongjin Gold Corp. Ltd., Class A | 428700 | 807457 |
|  | Zhongshan Broad Ocean Motor Co. Ltd., Class A | 142700 | 136180 |
|  | Zhongshan Public Utilities Group Co. Ltd., Class A | 90000 | 105813 |
|  | Zhongtai Securities Co. Ltd., Class A | 207400 | 174389 |
|  | Zhuhai Huafa Properties Co. Ltd., Class A | 205500 | 144168 |
| \* | Zhuhai Zhumian Group Co. Ltd | 105500 | 95301 |
|  | Zhuzhou CRRC Times Electric Co. Ltd., Class H | 63600 | 255280 |
|  | Zhuzhou Hongda Electronics Corp. Ltd., Class A | 23700 | 109948 |
|  | Zhuzhou Kibing Group Co. Ltd., Class A | 245501 | 182697 |
|  | Zibo Qixiang Tengda Chemical Co. Ltd., Class A | 210100 | 128876 |
|  | Zijin Mining Group Co. Ltd., Class H | 5587000 | 12205823 |

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

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| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| # | Zoomlion Heavy Industry Science & Technology Co. Ltd., Class H | 746400 | $| 537841 |
| # | ZTE Corp., Class H | 667085 |  | 1969321 |
|  | ZTO Express Cayman, Inc. (2057 HK) | 212450 |  | 3956643 |
|  | ZTO Express Cayman, Inc. (ZTO US), ADR | 245675 |  | 4544987 |
|  TOTAL CHINA | TOTAL CHINA |  |  | 1324397835 |
|  COLOMBIA — (0.1%) | COLOMBIA — (0.1%) | COLOMBIA — (0.1%) | COLOMBIA — (0.1%) | COLOMBIA — (0.1%) |
|  | Bancolombia SA (BCOLO CB) | 118744 |  | 1407875 |
|  | Bancolombia SA (CIB US), Sponsored ADR | 41971 |  | 1692271 |
|  | Grupo Argos SA | 255734 |  | 1330243 |
|  | Grupo Energia Bogota SA ESP | 723039 |  | 501353 |
|  | Interconexion Electrica SA ESP | 262628 |  | 1354915 |
|  TOTAL COLOMBIA | TOTAL COLOMBIA |  |  | 6286657 |
|  CZECH REPUBLIC — (0.2%) | CZECH REPUBLIC — (0.2%) | CZECH REPUBLIC — (0.2%) | CZECH REPUBLIC — (0.2%) | CZECH REPUBLIC — (0.2%) |
|  | CEZ AS | 98530 |  | 5001337 |
|  | Komercni Banka AS | 56670 |  | 2754263 |
| W | Moneta Money Bank AS | 434032 |  | 2682981 |
|  TOTAL CZECH REPUBLIC | TOTAL CZECH REPUBLIC |  |  | 10438581 |
|  EGYPT — (0.1%) | EGYPT — (0.1%) | EGYPT — (0.1%) | EGYPT — (0.1%) | EGYPT — (0.1%) |
|  | Commercial International Bank - Egypt (CIB) (CBKD LI), GDR | 1543475 |  | 2409662 |
|  | Commercial International Bank - Egypt (CIB) (CMGGF US), GDR | 122339 |  | 190849 |
|  TOTAL EGYPT | TOTAL EGYPT |  |  | 2600511 |
|  GREECE — (0.6%) | GREECE — (0.6%) | GREECE — (0.6%) | GREECE — (0.6%) | GREECE — (0.6%) |
|  | Alpha Services & Holdings SA | 1860190 |  | 4535573 |
|  | Athens International Airport SA | 9525 |  | 98682 |
|  | Eurobank Ergasias Services & Holdings SA | 1363639 |  | 3870043 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) |
| \*†† | FF Group | 12618 | $| 0 |
|  | Hellenic Telecommunications Organization SA | 119969 |  | 2276652 |
| # | Helleniq Energy Holdings SA | 52712 |  | 455306 |
|  | Jumbo SA | 98286 |  | 3103133 |
|  | Metlen Energy & Metals SA | 79342 |  | 3755042 |
|  | Motor Oil Hellas Corinth Refineries SA | 87707 |  | 2125151 |
|  | National Bank of Greece SA | 384590 |  | 4081833 |
|  | OPAP SA | 113020 |  | 2511215 |
|  | Piraeus Financial Holdings SA | 535170 |  | 3005531 |
|  | Public Power Corp. SA | 126057 |  | 1889570 |
|  TOTAL GREECE | TOTAL GREECE |  |  | 31707731 |
|  HONG KONG — (0.8%) | HONG KONG — (0.8%) | HONG KONG — (0.8%) | HONG KONG — (0.8%) | HONG KONG — (0.8%) |
|  | BYD Electronic International Co. Ltd. | 950500 |  | 3944977 |
| \*†† | China Common Rich Renewable Energy Investments Ltd. | 5416000 |  | 0 |
|  | China Merchants Port Holdings Co. Ltd. | 21950 |  | 35635 |
|  | China Overseas Land & Investment Ltd. | 2754500 |  | 4886894 |
|  | China Resources Beer Holdings Co. Ltd. | 1746611 |  | 6139692 |
|  | China Resources Power Holdings Co. Ltd. | 1792517 |  | 4324297 |
|  | CITIC Ltd. | 3280000 |  | 3987404 |
|  | CSPC Pharmaceutical Group Ltd. | 4317200 |  | 3400395 |
| #W | Hua Hong Semiconductor Ltd. | 519000 |  | 2373300 |
|  | Lenovo Group Ltd. | 9715278 |  | 11236460 |
|  | Sinotruk Hong Kong Ltd. | 423500 |  | 1017628 |
|  | Wharf Holdings Ltd. | 484000 |  | 1215759 |
|  TOTAL HONG KONG | TOTAL HONG KONG |  |  | 42562441 |
|  HUNGARY — (0.3%) | HUNGARY — (0.3%) | HUNGARY — (0.3%) | HUNGARY — (0.3%) | HUNGARY — (0.3%) |
|  | MOL Hungarian Oil & Gas PLC | 547604 |  | 4636948 |
|  | OTP Bank Nyrt | 125562 |  | 9275014 |

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**CONTINUED** 

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| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  HUNGARY — (Continued) | HUNGARY — (Continued) |  |  |  |
|  | Richter Gedeon Nyrt | 82646 | $| 2506538 |
|  TOTAL HUNGARY | TOTAL HUNGARY |  |  | 16418500 |
|  INDIA — (19.7%) | INDIA — (19.7%) | INDIA — (19.7%) | INDIA — (19.7%) | INDIA — (19.7%) |
|  | 360 ONE WAM Ltd. | 74947 |  | 867676 |
|  | 3M India Ltd. | 934 |  | 332258 |
|  | ABB India Ltd. | 22884 |  | 1483235 |
|  | ACC Ltd. | 70792 |  | 1570650 |
| \* | Adani Energy Solutions Ltd. | 145139 |  | 1530669 |
|  | Adani Enterprises Ltd. | 47602 |  | 1290026 |
| \* | Adani Green Energy Ltd. | 70147 |  | 741768 |
|  | Adani Ports & Special Economic Zone Ltd. | 370000 |  | 5320015 |
| \* | Adani Power Ltd. | 684976 |  | 4283391 |
|  | Adani Total Gas Ltd. | 63181 |  | 445032 |
| \* | Aditya Birla Capital Ltd. | 775396 |  | 1795839 |
| \* | Aditya Birla Fashion & Retail Ltd. | 138766 |  | 429672 |
|  | AIA Engineering Ltd. | 17722 |  | 662353 |
|  | Ajanta Pharma Ltd. | 18941 |  | 603003 |
|  | Alkem Laboratories Ltd. | 30076 |  | 1807451 |
|  | Ambuja Cements Ltd. | 409686 |  | 2603205 |
|  | APL Apollo Tubes Ltd. | 114000 |  | 2163274 |
|  | Apollo Hospitals Enterprise Ltd. | 78174 |  | 6454908 |
|  | Ashok Leyland Ltd. | 2269165 |  | 6076526 |
|  | Asian Paints Ltd. | 189602 |  | 5424632 |
|  | Astral Ltd. | 106711 |  | 1691887 |
| W | AU Small Finance Bank Ltd. | 229212 |  | 1833209 |
| \* | Aurobindo Pharma Ltd. | 290697 |  | 4213119 |
| \*W | Avenue Supermarts Ltd. | 39167 |  | 1930721 |
|  | Axis Bank Ltd. (AXSB IN) | 1489117 |  | 20861567 |
|  | Bajaj Auto Ltd. | 47981 |  | 4550015 |
|  | Bajaj Finance Ltd. | 166572 |  | 16955086 |
|  | Bajaj Finserv Ltd. | 265465 |  | 6129768 |
|  | Bajaj Holdings & Investment Ltd. | 33808 |  | 4816111 |
|  | Balkrishna Industries Ltd. | 97265 |  | 3073047 |
|  | Bank of Baroda | 964305 |  | 2849669 |
|  | Bank of India | 486204 |  | 662242 |
|  | Bank of Maharashtra | 35928 |  | 21447 |
|  | Berger Paints India Ltd. | 203984 |  | 1312176 |
|  | Bharat Dynamics Ltd. | 6759 |  | 120327 |
|  | Bharat Electronics Ltd. | 1821863 |  | 6751655 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Bharat Forge Ltd. | 267995 | $3498469 |
|  | Bharat Heavy Electricals Ltd. | 802001 | 2139958 |
|  | Bharat Petroleum Corp. Ltd. | 968391 | 3546640 |
|  | Bharti Airtel Ltd. | 1685190 | 36978924 |
|  | Biocon Ltd. | 144503 | 547576 |
|  | Blue Star Ltd. | 79055 | 1596524 |
|  | Bosch Ltd. | 4618 | 1595887 |
|  | Britannia Industries Ltd. | 76394 | 4896645 |
|  | BSE Ltd. | 28755 | 2168030 |
|  | Canara Bank | 2022935 | 2325990 |
|  | CG Power & Industrial Solutions Ltd. | 569417 | 4203856 |
|  | Cholamandalam Financial Holdings Ltd. | 15579 | 343408 |
|  | Cholamandalam Investment & Finance Co. Ltd. | 452131 | 7985744 |
|  | Cipla Ltd. | 483014 | 8863080 |
|  | Coal India Ltd. | 732301 | 3326177 |
| W | Cochin Shipyard Ltd. | 18014 | 338479 |
|  | Coforge Ltd. | 43682 | 3792992 |
|  | Colgate-Palmolive India Ltd. | 125830 | 3840873 |
|  | Container Corp. of India Ltd. | 193626 | 1539397 |
|  | Coromandel International Ltd. | 72063 | 1888118 |
|  | CRISIL Ltd. | 3602 | 189857 |
|  | Cummins India Ltd. | 93146 | 3182238 |
|  | Dabur India Ltd. | 335935 | 1933046 |
|  | Dalmia Bharat Ltd. | 50419 | 1154424 |
|  | Divi's Laboratories Ltd. | 71437 | 5130751 |
|  | Dixon Technologies India Ltd. | 27971 | 5435578 |
|  | DLF Ltd. | 453368 | 3594519 |
| # | Dr. Reddy's Laboratories Ltd., ADR | 511886 | 7125453 |
|  | Dr. Reddy's Laboratories Ltd. (DRRD IN) | 122796 | 1717300 |
|  | Eicher Motors Ltd. | 111386 | 7343492 |
|  | Escorts Kubota Ltd. | 11760 | 450996 |
| \* | Eternal Ltd. | 1892920 | 5156605 |
|  | Exide Industries Ltd. | 69300 | 285093 |
|  | Federal Bank Ltd. | 1577773 | 3663192 |
|  | Fortis Healthcare Ltd. | 243238 | 1956938 |
| \* | FSN E-Commerce Ventures Ltd. | 607753 | 1391824 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | GAIL India Ltd. (GAID LI), GDR | 58674 | $772031 |
|  | GAIL India Ltd. (GAIL IN) | 2001507 | 4449600 |
|  | GE Vernova T&D India Ltd. | 48205 | 883186 |
|  | GlaxoSmithKline Pharmaceuticals Ltd. | 24111 | 837079 |
|  | Glenmark Pharmaceuticals Ltd. | 59874 | 975306 |
| \* | Global Health Ltd. | 11425 | 162166 |
| \* | GMR Airports Ltd. | 2109878 | 2167834 |
|  | Godrej Consumer Products Ltd. | 262661 | 3928290 |
| \* | Godrej Industries Ltd. | 9739 | 124680 |
| \* | Godrej Properties Ltd. | 93187 | 2356304 |
|  | Grasim Industries Ltd. | 226749 | 7316740 |
|  | Gujarat Fluorochemicals Ltd. | 15556 | 706377 |
|  | Havells India Ltd. | 163890 | 3103394 |
|  | HCL Technologies Ltd. | 742549 | 13676080 |
| W | HDFC Asset Management Co. Ltd. | 82181 | 4254557 |
|  | HDFC Bank Ltd. | 2003835 | 45399144 |
| W | HDFC Life Insurance Co. Ltd. | 327128 | 2881098 |
|  | Hero MotoCorp Ltd. (HMCL IN) | 161029 | 7312260 |
|  | Hindalco Industries Ltd. | 1268841 | 9316395 |
|  | Hindustan Aeronautics Ltd. | 147012 | 7782102 |
|  | Hindustan Petroleum Corp. Ltd. | 821956 | 3657209 |
|  | Hindustan Unilever Ltd. | 321213 | 8892691 |
|  | Hitachi Energy India Ltd. | 3703 | 630425 |
|  | ICICI Bank Ltd. (IBN US), Sponsored ADR | 649989 | 21813614 |
|  | ICICI Bank Ltd. (ICICIBC IN) | 2536225 | 42551436 |
| W | ICICI Lombard General Insurance Co. Ltd. | 150649 | 3344614 |
| W | ICICI Prudential Life Insurance Co. Ltd. | 181663 | 1316558 |
| \* | IDFC First Bank Ltd. | 3209774 | 2470810 |
|  | Indian Bank | 196552 | 1306708 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Indian Hotels Co. Ltd. | 576178 | $5356321 |
|  | Indian Oil Corp. Ltd. | 1528499 | 2480995 |
|  | Indian Railway Catering & Tourism Corp. Ltd. | 284868 | 2525167 |
| W | Indian Railway Finance Corp. Ltd. | 1324087 | 1941102 |
|  | Indraprastha Gas Ltd. | 40564 | 91944 |
| \* | Indus Towers Ltd. | 1217125 | 5841057 |
|  | IndusInd Bank Ltd. | 281390 | 2776656 |
|  | Info Edge India Ltd. | 60629 | 5066192 |
|  | Infosys Ltd.. (INFO IN) | 2148691 | 37766652 |
| # | Infosys Ltd.. (INFY US), Sponsored ADR | 331357 | 5831883 |
| \*W | InterGlobe Aviation Ltd. | 123983 | 7702732 |
|  | Ipca Laboratories Ltd. | 55530 | 910150 |
| \* | ITC Hotels Ltd. | 196018 | 450719 |
|  | ITC Ltd. | 2061428 | 10359784 |
|  | Jindal Stainless Ltd. | 400785 | 2752752 |
|  | Jindal Steel & Power Ltd. | 517626 | 5480129 |
| \* | Jio Financial Services Ltd. | 1872977 | 5754947 |
|  | JK Cement Ltd. | 20476 | 1236834 |
|  | JSW Energy Ltd. | 435675 | 2467065 |
|  | JSW Steel Ltd. | 631634 | 7681574 |
|  | Jubilant Foodworks Ltd. | 297986 | 2514792 |
|  | Kalyan Jewellers India Ltd. | 237807 | 1445543 |
|  | Kotak Mahindra Bank Ltd. | 406861 | 10604254 |
|  | KPIT Technologies Ltd. | 132118 | 1947962 |
|  | KPR Mill Ltd. | 3518 | 41619 |
|  | L&T Finance Ltd. | 340408 | 661500 |
| W | L&T Technology Services Ltd. | 23627 | 1190699 |
|  | Larsen & Toubro Ltd. | 336278 | 13266935 |
| W | Laurus Labs Ltd. | 104963 | 748179 |
|  | LIC Housing Finance Ltd. | 145161 | 1030834 |
|  | Linde India Ltd. | 6992 | 523719 |
|  | Lloyds Metals & Energy Ltd. | 25030 | 358217 |
| W | LTIMindtree Ltd. | 58760 | 3178504 |
|  | Lupin Ltd. | 233272 | 5790552 |
| W | Macrotech Developers Ltd. | 54431 | 853455 |
|  | Mahindra & Mahindra Financial Services Ltd. | 432603 | 1339014 |

---

967

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Mahindra & Mahindra Ltd. | 848690 | $29311355 |
| \* | Mankind Pharma Ltd. | 24601 | 714717 |
|  | Marico Ltd. | 528814 | 4436859 |
|  | Maruti Suzuki India Ltd. | 63084 | 9115159 |
| \* | Max Financial Services Ltd. | 116729 | 1794032 |
|  | Max Healthcare Institute Ltd. | 473248 | 6136684 |
|  | Mazagon Dock Shipbuilders Ltd. | 16487 | 595287 |
|  | Motherson Sumi Wiring India Ltd. | 688604 | 453490 |
|  | Motilal Oswal Financial Services Ltd. | 97877 | 755073 |
|  | Mphasis Ltd. | 110972 | 3223688 |
|  | MRF Ltd. | 2197 | 3488381 |
|  | Muthoot Finance Ltd. | 235205 | 6031610 |
|  | Narayana Hrudayalaya Ltd. | 21451 | 442335 |
|  | Nestle India Ltd. | 196275 | 5528569 |
|  | NHPC Ltd. | 2123808 | 2144015 |
| W | Nippon Life India Asset Management Ltd. | 62848 | 470394 |
|  | NLC India Ltd. | 80166 | 215653 |
|  | NMDC Ltd. | 4306404 | 3296075 |
| \* | NMDC Steel Ltd. | 1251805 | 520889 |
|  | NTPC Ltd. | 2211859 | 9244354 |
|  | Oberoi Realty Ltd. | 101713 | 1969710 |
|  | Oil & Natural Gas Corp. Ltd. | 1431491 | 4124683 |
|  | Oil India Ltd. | 286923 | 1389781 |
|  | One 97 Communications Ltd. | 177475 | 1797451 |
|  | Oracle Financial Services Software Ltd. | 30892 | 3180836 |
|  | Page Industries Ltd. | 5755 | 3079229 |
|  | Patanjali Foods Ltd. | 41341 | 929179 |
| \* | PB Fintech Ltd. | 118623 | 2281232 |
|  | Persistent Systems Ltd. | 92930 | 5812804 |
|  | Petronet LNG Ltd. | 1324435 | 4910064 |
|  | Phoenix Mills Ltd. | 133208 | 2586860 |
|  | PI Industries Ltd. | 60001 | 2574530 |
|  | Pidilite Industries Ltd. | 82326 | 2955819 |
|  | Piramal Pharma Ltd. | 327187 | 817504 |
|  | Polycab India Ltd. | 40262 | 2616346 |
|  | Power Finance Corp. Ltd. | 1781182 | 8587679 |
|  | Power Grid Corp. of India Ltd. | 2263465 | 8160602 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Prestige Estates Projects Ltd. | 109654 | $1772554 |
|  | Procter & Gamble Hygiene & Health Care Ltd. | 10120 | 1708500 |
|  | Punjab National Bank | 1858882 | 2197279 |
|  | Radico Khaitan Ltd. | 5565 | 160650 |
|  | Rail Vikas Nigam Ltd. | 198755 | 820278 |
|  | REC Ltd. | 1917192 | 9516347 |
|  | Reliance Industries Ltd.. (RIL IN) | 2605360 | 42952339 |
|  | Samvardhana Motherson International Ltd. | 3463004 | 5451147 |
|  | SBI Cards & Payment Services Ltd. | 169537 | 1745064 |
| W | SBI Life Insurance Co. Ltd. | 293246 | 6117342 |
|  | Schaeffler India Ltd. | 27947 | 1144117 |
|  | Shree Cement Ltd. | 5977 | 2103407 |
|  | Shriram Finance Ltd. | 1722137 | 12424740 |
|  | Siemens Energy India Ltd. | 25747 | 755233 |
|  | Siemens Ltd. | 25747 | 876465 |
|  | SJVN Ltd. | 274012 | 303957 |
|  | Solar Industries India Ltd. | 25227 | 3922565 |
| W | Sona Blw Precision Forgings Ltd. | 6441 | 36594 |
|  | SRF Ltd. | 141080 | 5012897 |
|  | State Bank of India (SBID LI), GDR | 128 | 11952 |
|  | State Bank of India (SBIN IN) | 1094971 | 10212974 |
|  | State Bank of India (SBKFF US), GDR | 1669 | 155551 |
|  | Steel Authority of India Ltd. | 968863 | 1298437 |
|  | Sun Pharmaceutical Industries Ltd.. (SUNP IN) | 371007 | 7999620 |
|  | Sundaram Finance Ltd. | 47549 | 2945988 |
|  | Supreme Industries Ltd. | 44232 | 1850627 |
| \* | Suzlon Energy Ltd. | 6599930 | 4369615 |
|  | Tata Communications Ltd. | 106077 | 1987742 |
|  | Tata Consultancy Services Ltd. | 511730 | 20756299 |
|  | Tata Consumer Products Ltd. | 298316 | 4095813 |
|  | Tata Elxsi Ltd. | 31019 | 2104488 |
|  | Tata Motors Ltd. | 1305010 | 9933504 |

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**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |  |
|  | Tata Power Co. Ltd. | 1037437 | $| 4702463 |
|  | Tata Steel Ltd. | 6287988 |  | 10427370 |
|  | Tech Mahindra Ltd. | 458825 |  | 8133762 |
|  | Thermax Ltd. | 8677 |  | 336737 |
|  | Titan Co. Ltd. | 188444 |  | 7476584 |
|  | Torrent Pharmaceuticals Ltd. | 132829 |  | 5230553 |
|  | Torrent Power Ltd. | 109617 |  | 1985880 |
|  | Trent Ltd. | 113086 |  | 6862178 |
|  | Tube Investments of India Ltd. | 84606 |  | 2887531 |
|  | TVS Motor Co. Ltd. | 218368 |  | 6857133 |
|  | UltraTech Cement Ltd. | 66679 |  | 9183796 |
|  | Union Bank of India Ltd. | 1395817 |  | 2071036 |
|  | United Breweries Ltd. | 45973 |  | 1167586 |
|  | United Spirits Ltd. | 230519 |  | 4239018 |
|  | UNO Minda Ltd. | 126123 |  | 1322548 |
| \* | UPL Ltd. | 556261 |  | 4256105 |
|  | Varun Beverages Ltd. | 710098 |  | 4361819 |
|  | Vedanta Ltd. | 1426185 |  | 7047975 |
| \* | Vodafone Idea Ltd. | 4834876 |  | 407225 |
|  | Voltas Ltd. | 112069 |  | 1637659 |
|  | Wipro Ltd. | 1925303 |  | 5482903 |
| \* | Yes Bank Ltd. | 11783222 |  | 2471788 |
|  | Zydus Lifesciences Ltd. | 252848 |  | 2653503 |
|  TOTAL INDIA | TOTAL INDIA |  |  | 1046784988 |
|  INDONESIA — (1.3%) | INDONESIA — (1.3%) | INDONESIA — (1.3%) | INDONESIA — (1.3%) | INDONESIA — (1.3%) |
|  | Alamtri Resources Indonesia Tbk. PT | 18734800 |  | 2146073 |
| \* | Amman Mineral Internasional PT | 2261800 |  | 971283 |
|  | Aneka Tambang Tbk. PT | 6361500 |  | 831482 |
|  | Astra International Tbk. PT | 13250310 |  | 3829683 |
|  | Bank Central Asia Tbk. PT | 27517100 |  | 14630575 |
|  | Bank Mandiri Persero Tbk. PT | 32061668 |  | 9468048 |
|  | Bank Negara Indonesia Persero Tbk. PT | 11805444 |  | 2974961 |
| \* | Bank Pan Indonesia Tbk. PT | 88900 |  | 8615 |
|  | Bank Rakyat Indonesia Persero Tbk. PT | 33006276 |  | 7644575 |
|  | Bank Syariah Indonesia Tbk. PT | 10682323 |  | 1837276 |
|  | Barito Pacific Tbk. PT | 15056528 |  | 675429 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  | Barito Renewables Energy Tbk. PT | 2811300 | $1018655 |
| \* | Bumi Resources Minerals Tbk. PT | 32058300 | 739146 |
| \* | Capital Financial Indonesia Tbk. PT | 3747600 | 180800 |
|  | Chandra Asri Pacific Tbk. PT | 2047600 | 972724 |
|  | Charoen Pokphand Indonesia Tbk. PT | 5550600 | 1582774 |
|  | Cisarua Mountain Dairy Tbk. PT | 43200 | 11916 |
|  | Dayamitra Telekomunikasi PT | 7063400 | 263638 |
| \* | Dian Swastatika Sentosa Tbk. PT | 582100 | 1595560 |
|  | Indah Kiat Pulp & Paper Tbk. PT | 936800 | 290865 |
|  | Indofood CBP Sukses Makmur Tbk. PT | 1425100 | 973925 |
|  | Indofood Sukses Makmur Tbk. PT | 3932000 | 1896687 |
|  | Indosat Tbk. PT | 5074800 | 534189 |
|  | Kalbe Farma Tbk. PT | 13533200 | 1115475 |
|  | Mayora Indah Tbk. PT | 4190025 | 575343 |
| \* | Merdeka Copper Gold Tbk. PT | 1067595 | 107461 |
|  | Mitra Keluarga Karyasehat Tbk. PT | 167600 | 25338 |
|  | Pantai Indah Kapuk Dua Tbk. PT | 441900 | 303433 |
|  | Perusahaan Gas Negara Tbk. PT | 6776000 | 687605 |
|  | Petrindo Jaya Kreasi Tbk. PT | 1521600 | 653229 |
|  | Sarana Menara Nusantara Tbk. PT | 6591100 | 226215 |
|  | Sinar Mas Agro Resources & Technology Tbk. PT | 449500 | 99426 |
|  | Sumber Alfaria Trijaya Tbk. PT | 13178700 | 1706044 |
|  | Telkom Indonesia Persero Tbk. PT (TLKM IJ) | 36996000 | 5831260 |
|  | Tower Bersama Infrastructure Tbk. PT | 1620100 | 193723 |
|  | Trimegah Bangun Persada Tbk. PT | 272800 | 11493 |
|  | Unilever Indonesia Tbk. PT | 5668900 | 584780 |

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969

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  | United Tractors Tbk. PT | 1851596 | $2530427 |
|  TOTAL INDONESIA | TOTAL INDONESIA |  | 69730131 |
|  KUWAIT — (0.7%) | KUWAIT — (0.7%) |  |  |
|  | Agility Public Warehousing Co. KSC | 1028838 | 883592 |
|  | Al Ahli Bank of Kuwait KSCP | 540661 | 535683 |
|  | Boubyan Bank KSCP | 380623 | 843492 |
|  | Burgan Bank SAK | 530608 | 390321 |
|  | Gulf Bank KSCP | 2724000 | 2989699 |
|  | Kuwait Finance House KSCP | 4764505 | 11251025 |
|  | Kuwait Telecommunications Co. | 42594 | 75333 |
|  | Mabanee Co. KPSC | 700050 | 1809815 |
|  | Mobile Telecommunications Co. KSCP | 1895092 | 2927321 |
|  | National Bank of Kuwait SAKP | 3964089 | 12327968 |
|  | National Industries Group Holding SAK | 1549448 | 1260174 |
|  TOTAL KUWAIT | TOTAL KUWAIT |  | 35294423 |
|  LUXEMBOURG — (0.0%) | LUXEMBOURG — (0.0%) |  |  |
| \*W | Allegro.eu SA | 171564 | 1505374 |
|  MALAYSIA — (1.6%) | MALAYSIA — (1.6%) |  |  |
|  | AFFIN Bank Bhd. | 155272 | 95271 |
|  | Alliance Bank Malaysia Bhd. | 859100 | 871697 |
|  | AMMB Holdings Bhd. (AMM MK) | 2154159 | 2577267 |
| # | Axiata Group Bhd. | 3103632 | 1510520 |
|  | Batu Kawan Bhd. | 124700 | 546975 |
| # | Bursa Malaysia Bhd. | 465800 | 797843 |
| # | CelcomDigi Bhd. | 1985320 | 1759138 |
| \* | Chin Hin Group Bhd. | 88100 | 41771 |
| # | CIMB Group Holdings Bhd. | 4888270 | 8074954 |
|  | Dialog Group Bhd. | 2157418 | 730544 |
|  | Fraser & Neave Holdings Bhd. | 119700 | 749557 |
|  | Frontken Corp. Bhd. | 178000 | 144837 |
| # | Gamuda Bhd. | 4242241 | 4179744 |
| # | Genting Bhd. | 1872800 | 1390354 |
| # | Genting Malaysia Bhd. | 2899900 | 1153329 |
|  | HAP Seng Consolidated Bhd. | 492100 | 315170 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |  |
|  | Hartalega Holdings Bhd. | 976000 | $504711 |
|  | Heineken Malaysia Bhd. | 135900 | 830548 |
|  | Hong Leong Bank Bhd. | 259166 | 1201262 |
|  | Hong Leong Financial Group Bhd. | 243883 | 970595 |
| # | IHH Healthcare Bhd. | 980900 | 1572121 |
| # | IJM Corp. Bhd. | 2122200 | 1117776 |
|  | Inari Amertron Bhd. | 1228800 | 548685 |
| # | IOI Corp. Bhd. | 1336005 | 1132560 |
| # | IOI Properties Group Bhd. | 1450429 | 615752 |
|  | KPJ Healthcare Bhd. | 733600 | 489038 |
| # | Kuala Lumpur Kepong Bhd. | 356902 | 1623861 |
| # | Malayan Banking Bhd. | 2464719 | 5711511 |
|  | Malayan Cement Bhd. | 37200 | 43110 |
|  | Maxis Bhd. | 1270600 | 1092488 |
| # | MISC Bhd. | 598498 | 1040710 |
| #W | Mr. DIY Group M Bhd. | 2400250 | 935785 |
|  | My EG Services Bhd. | 5729787 | 1194675 |
| # | Nestle Malaysia Bhd. | 48300 | 973376 |
|  | Petronas Chemicals Group Bhd. | 851100 | 726220 |
| # | Petronas Dagangan Bhd. | 194500 | 889589 |
|  | Petronas Gas Bhd. | 360800 | 1462767 |
|  | PPB Group Bhd. | 460880 | 1327953 |
| # | Press Metal Aluminium Holdings Bhd. | 1958700 | 2226196 |
| # | Public Bank Bhd. | 8022870 | 8316937 |
| # | QL Resources Bhd. | 1443877 | 1606089 |
| # | RHB Bank Bhd. | 1801980 | 2779486 |
|  | Scientex Bhd. | 128200 | 103956 |
|  | SD Guthrie Bhd. | 1387121 | 1525474 |
|  | Sime Darby Bhd. | 3077561 | 1483161 |
| # | Sime Darby Property Bhd. | 1632900 | 469001 |
|  | SP Setia Bhd. Group | 723400 | 184232 |
| # | Sunway Bhd. | 1605582 | 1692465 |
|  | Telekom Malaysia Bhd. | 803529 | 1266349 |
|  | Tenaga Nasional Bhd. | 1305750 | 4199474 |
| # | TIME dotCom Bhd. | 897000 | 1070591 |
| #\* | Top Glove Corp. Bhd. | 3743000 | 762977 |
| # | United Plantations Bhd. | 218850 | 1161833 |
| # | Westports Holdings Bhd. | 590000 | 581267 |
| # | Yinson Holdings Bhd. | 1399778 | 606699 |
| # | YTL Corp. Bhd. | 3219212 | 1431723 |

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970

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |  |
| # | YTL Power International Bhd. | 1507000 | $1193826 |
|  TOTAL MALAYSIA | TOTAL MALAYSIA |  | 83605800 |
|  MEXICO — (1.9%) | MEXICO — (1.9%) |  |  |
|  | America Movil SAB de CV (2228390D US), ADR | 7345 | 126628 |
|  | America Movil SAB de CV (AMXB MM) | 12430805 | 10757031 |
|  | Arca Continental SAB de CV | 277517 | 2922699 |
|  | Cemex SAB de CV (CEMEXCPO MM) | 8777333 | 5429186 |
|  | Cemex SAB de CV (CX US), Sponsored ADR | 66225 | 408608 |
|  | Coca-Cola Femsa SAB de CV (KOFUBL MM) | 354153 | 3338994 |
| \* | Controladora AXTEL SAB de CV | 3493876 | 113668 |
|  | El Puerto de Liverpool SAB de CV, Class C1 | 163857 | 754592 |
|  | Fomento Economico Mexicano SAB de CV (FEMSAUBD MM) | 638416 | 6712475 |
|  | Gruma SAB de CV, Class B | 201612 | 3841428 |
|  | Grupo Aeroportuario del Centro Norte SAB de CV | 264485 | 2910340 |
| # | Grupo Aeroportuario del Pacifico SAB de CV (GAPB MM), Class B | 217300 | 4403288 |
| # | Grupo Aeroportuario del Pacifico SAB de CV (PAC US), ADR | 10856 | 2231017 |
|  | Grupo Aeroportuario del Sureste SAB de CV (ASR US), ADR | 11861 | 3754481 |
|  | Grupo Aeroportuario del Sureste SAB de CV (ASURB MM), Class B | 2990 | 94420 |
| # | Grupo Bimbo SAB de CV | 764083 | 2324920 |
| # | Grupo Carso SAB de CV | 491986 | 3421486 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MEXICO — (Continued) | MEXICO — (Continued) |  |  |
| # | Grupo Comercial Chedraui SA de CV | 252498 | $1631088 |
|  | Grupo Elektra SAB de CV | 11459 | 204515 |
|  | Grupo Financiero Banorte SAB de CV, Class O | 1612674 | 13827854 |
| \* | Grupo Financiero Inbursa SAB de CV, Class O | 1498105 | 3850971 |
|  | Grupo Mexico SAB de CV | 1940047 | 10067014 |
| \* | Industrias Penoles SAB de CV | 182421 | 3655676 |
|  | Kimberly-Clark de Mexico SAB de CV, Class A | 1549006 | 2725107 |
| \* | Organizacion Soriana SAB de CV, Class B | 210657 | 279293 |
|  | Promotora y Operadora de Infraestructura SAB de CV (PINFRA MM) | 143654 | 1607404 |
|  | Qualitas Controladora SAB de CV | 101719 | 1125312 |
| \* | Vista Energy SAB de CV (VIST US), ADR | 2414 | 109040 |
|  | Wal-Mart de Mexico SAB de CV | 2309699 | 7317590 |
|  TOTAL MEXICO | TOTAL MEXICO |  | 99946125 |
|  NETHERLANDS — (0.1%) | NETHERLANDS — (0.1%) |  |  |
|  | NEPI Rockcastle NV | 512113 | 3928080 |
|  PERU — (0.1%) | PERU — (0.1%) |  |  |
|  | Cementos Pacasmayo SAA, ADR | 15173 | 83412 |
|  | Cia de Minas Buenaventura SAA, ADR | 35679 | 505215 |
|  | Credicorp Ltd. | 31409 | 6350586 |
|  TOTAL PERU | TOTAL PERU |  | 6939213 |
|  PHILIPPINES — (0.6%) | PHILIPPINES — (0.6%) |  |  |
|  | Aboitiz Equity Ventures, Inc. | 982920 | 571752 |
|  | Aboitiz Power Corp. | 1003100 | 669415 |
|  | Ayala Corp. | 158362 | 1699849 |
|  | Ayala Land, Inc. | 3257418 | 1461275 |
|  | Bank of the Philippine Islands | 1385782 | 3474605 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |  |  |
|  | BDO Unibank, Inc. | 1864754 | $5351953 |
|  | China Banking Corp. | 227480 | 370596 |
|  | DigiPlus Interactive Corp. | 131500 | 93839 |
|  | DMCI Holdings, Inc. | 1834700 | 348377 |
|  | Emperador, Inc. | 1167000 | 273101 |
|  | Globe Telecom, Inc. | 32777 | 1139026 |
|  | International Container Terminal Services, Inc. | 578350 | 3537294 |
|  | Jollibee Foods Corp. | 329910 | 1355131 |
|  | Manila Electric Co. | 121000 | 1234891 |
|  | Metropolitan Bank & Trust Co. | 2485918 | 3424737 |
|  | PLDT, Inc. (TEL PM) | 64180 | 1495171 |
|  | San Miguel Corp. | 959200 | 1348182 |
|  | Semirara Mining & Power Corp. | 128700 | 78362 |
|  | SM Investments Corp. | 102383 | 1593741 |
|  | SM Prime Holdings, Inc. | 4049810 | 1767853 |
|  | Universal Robina Corp. | 614380 | 910133 |
|  TOTAL PHILIPPINES | TOTAL PHILIPPINES |  | 32199283 |
|  POLAND — (1.2%) | POLAND — (1.2%) |  |  |
|  | Alior Bank SA | 111372 | 3017941 |
|  | Asseco Poland SA | 37602 | 1552679 |
|  | Bank Handlowy w Warszawie SA | 29953 | 934215 |
| \* | Bank Millennium SA | 444766 | 1720530 |
|  | Bank Polska Kasa Opieki SA | 133639 | 6698203 |
| # | Budimex SA | 12138 | 2040154 |
| \* | CCC SA | 37178 | 2149737 |
|  | CD Projekt SA | 44790 | 2773404 |
| \* | Cyfrowy Polsat SA | 27938 | 137018 |
| \*W | Dino Polska SA | 31277 | 4384640 |
|  | ING Bank Slaski SA | 26504 | 2301217 |
|  | KGHM Polska Miedz SA | 100333 | 3202878 |
|  | KRUK SA | 2413 | 255978 |
| # | LPP SA | 786 | 3216904 |
| \* | mBank SA | 11828 | 2577137 |
|  | Orange Polska SA | 634758 | 1630975 |
|  | ORLEN SA | 365258 | 6595955 |
| \* | PGE Polska Grupa Energetyczna SA | 566330 | 1236928 |
|  | Powszechna Kasa Oszczednosci Bank Polski SA | 344222 | 6617986 |
|  | Powszechny Zaklad Ubezpieczen SA | 383785 | 5987353 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  POLAND — (Continued) | POLAND — (Continued) |  |  |
|  | Santander Bank Polska SA | 19941 | $3067154 |
|  TOTAL POLAND | TOTAL POLAND |  | 62098986 |
|  QATAR — (0.8%) | QATAR — (0.8%) |  |  |
|  | Al Rayan Bank | 3472385 | 2132188 |
|  | Barwa Real Estate Co. | 1205978 | 928038 |
|  | Commercial Bank PSQC | 3215354 | 3801446 |
|  | Dukhan Bank | 320902 | 308432 |
|  | Industries Qatar QSC | 370148 | 1276704 |
|  | Mesaieed Petrochemical Holding Co. | 3895258 | 1508145 |
|  | Ooredoo QPSC | 1165199 | 4151218 |
|  | Qatar Electricity & Water Co. QSC | 365540 | 1534459 |
|  | Qatar Fuel QSC | 418304 | 1723341 |
|  | Qatar Gas Transport Co. Ltd. | 2602476 | 3271981 |
|  | Qatar International Islamic Bank QSC | 742448 | 2163864 |
|  | Qatar Islamic Bank QPSC | 622160 | 3608591 |
|  | Qatar National Bank QPSC | 3503710 | 16069800 |
|  | Qatar Navigation QSC | 482744 | 1470466 |
|  TOTAL QATAR | TOTAL QATAR |  | 43948673 |
|  RUSSIA — (0.0%) | RUSSIA — (0.0%) |  |  |
| \*†† | Gazprom PJSC (OGZD LI), Sponsored ADR | 982159 | 0 |
| \*†† | Gazprom PJSC (OGZPY US), Sponsored ADR | 311153 | 0 |
| \*†† | Magnitogorsk Iron & Steel Works PJSC (MMK LI), GDR | 172148 | 0 |
| \*†† | PhosAgro PJSC | 582 | 0 |
| \*†† | Polyus PJSC (PLZL LI), GDR | 20177 | 0 |
| \*†† | RusHydro PJSC (HYDR LI), ADR | 801602 | 0 |
| \*†† | RusHydro PJSC (RSHYY US), ADR | 6421 | 0 |
| \*†† | Sberbank of Russia PJSC (SBER LI), Sponsored ADR | 948237 | 0 |
| \*†† | Severstal PAO (SVJTY US), GDR | 110 | 0 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  RUSSIA — (Continued) | RUSSIA — (Continued) |  |  |
| \*†† | Severstal PAO (SVST LI), GDR | 67765 | $0 |
| \*†† | VTB Bank PJSC (VTBR LI), GDR | 1705908 | 0 |
|  SAUDI ARABIA — (3.7%) | SAUDI ARABIA — (3.7%) | SAUDI ARABIA — (3.7%) |  |
|  | ACWA Power Co. | 73421 | 6295969 |
|  | Ades Holding Co. | 36943 | 149142 |
|  | Al Rajhi Bank | 1032597 | 26824750 |
| \* | Al Rajhi Co. for Co-operative Insurance | 19886 | 695339 |
|  | Aldrees Petroleum & Transport Services Co. | 21423 | 787390 |
|  | Alinma Bank | 939614 | 7277562 |
|  | Almarai Co. JSC | 429424 | 6048881 |
|  | Arab National Bank | 729305 | 4183245 |
|  | Arabian Internet & Communications Services Co. | 21572 | 1650679 |
|  | Astra Industrial Group Co. | 20195 | 805094 |
|  | Bank AlBilad | 554211 | 4282852 |
| \* | Bank Al-Jazira | 705418 | 2542738 |
|  | Banque Saudi Fransi | 849909 | 4163141 |
|  | Bupa Arabia for Cooperative Insurance Co. | 65550 | 2938712 |
|  | Co. for Cooperative Insurance | 58079 | 2153105 |
|  | Dallah Healthcare Co. | 15388 | 500945 |
| \* | Dar Al Arkan Real Estate Development Co. | 631050 | 3685364 |
|  | Dr. Sulaiman Al Habib Medical Services Group Co. | 72039 | 5499063 |
|  | Elm Co. | 10710 | 2963687 |
|  | Etihad Etisalat Co. | 544542 | 9122378 |
|  | Jarir Marketing Co. | 521114 | 1754907 |
|  | Mouwasat Medical Services Co. | 103240 | 1998493 |
|  | Nahdi Medical Co. | 34141 | 1034163 |
| \* | Rabigh Refining & Petrochemical Co. | 107748 | 204588 |
|  | Riyad Bank | 1167964 | 9588121 |
|  | Riyadh Cables Group Co. | 24334 | 825630 |
|  | SABIC Agri-Nutrients Co. | 184262 | 4853939 |
|  | Sahara International Petrochemical Co. | 421664 | 2137436 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |  |
|  | SAL Saudi Logistics Services | 14609 | $711987 |
| \* | Saudi Arabian Mining Co. | 482233 | 6573006 |
| W | Saudi Arabian Oil Co. | 2429168 | 16423600 |
|  | Saudi Aramco Base Oil Co. | 42103 | 1115324 |
|  | Saudi Awwal Bank | 735546 | 6882801 |
|  | Saudi Basic Industries Corp. | 343682 | 5588496 |
|  | Saudi Electricity Co. | 627932 | 2507581 |
|  | Saudi Industrial Investment Group | 212931 | 858830 |
|  | Saudi Investment Bank | 549691 | 2208462 |
|  | Saudi National Bank | 1208763 | 11517118 |
| \* | Saudi Research & Media Group | 42250 | 1951878 |
|  | Saudi Tadawul Group Holding Co. | 28777 | 1409696 |
|  | Saudi Telecom Co. | 1610272 | 20443636 |
| \* | Savola Group | 155432 | 1298588 |
|  | Yanbu National Petrochemical Co. | 173634 | 1480367 |
|  TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA |  | 195938683 |
|  SOUTH AFRICA — (2.8%) | SOUTH AFRICA — (2.8%) | SOUTH AFRICA — (2.8%) |  |
| # | Absa Group Ltd. | 655562 | 6050131 |
| # | Anglo American Platinum Ltd. | 30706 | 1051496 |
|  | Aspen Pharmacare Holdings Ltd. | 332053 | 2180426 |
|  | Bid Corp. Ltd. | 194541 | 4888821 |
|  | Bidvest Group Ltd. | 374218 | 4744103 |
|  | Capitec Bank Holdings Ltd. | 37356 | 6933504 |
|  | Clicks Group Ltd. | 270340 | 5758374 |
|  | Discovery Ltd. | 573513 | 6370395 |
| # | Exxaro Resources Ltd. | 228442 | 1870221 |
|  | FirstRand Ltd. | 2638155 | 10329277 |
|  | Gold Fields Ltd. (GFI SJ) | 2573 | 57710 |
| # | Gold Fields Ltd. (GFI US), Sponsored ADR | 584160 | 13166966 |
|  | Harmony Gold Mining Co. Ltd. (HAR SJ) | 355901 | 5592049 |
|  | Harmony Gold Mining Co. Ltd. (HMY US), Sponsored ADR | 251806 | 4006233 |
| \* | Impala Platinum Holdings Ltd. | 705293 | 4194466 |
|  | Investec Ltd. | 212651 | 1327173 |

---

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**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |  |  |
|  | Kumba Iron Ore Ltd. | 42784 | $747574 |
|  | Mr. Price Group Ltd. | 242177 | 3095232 |
|  | MTN Group Ltd. | 1300541 | 8607390 |
| \* | MultiChoice Group | 45892 | 268249 |
|  | Naspers Ltd., Class N | 52302 | 13752399 |
|  | Nedbank Group Ltd. | 421077 | 5751227 |
|  | Northam Platinum Holdings Ltd. | 138989 | 932917 |
|  | Old Mutual Ltd. (OMU SJ) | 2884437 | 1759978 |
|  | OUTsurance Group Ltd. | 716570 | 2947246 |
| W | Pepkor Holdings Ltd. | 2534020 | 3668281 |
|  | Sanlam Ltd. | 1145535 | 5215672 |
| # | Sasol Ltd. (SSL US), Sponsored ADR | 305779 | 1064111 |
|  | Shoprite Holdings Ltd. | 353663 | 5441522 |
|  | Standard Bank Group Ltd. | 1025361 | 12804867 |
|  | Tiger Brands Ltd. | 10967 | 171032 |
|  | Vodacom Group Ltd. | 426700 | 3157254 |
|  | Woolworths Holdings Ltd. | 476540 | 1477618 |
|  TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA |  | 149383914 |
|  SOUTH KOREA — (10.3%) | SOUTH KOREA — (10.3%) | SOUTH KOREA — (10.3%) |  |
| \* | ABLBio, Inc. | 5576 | 256990 |
| \* | Alteogen, Inc. | 12531 | 3091020 |
| # | Amorepacific Corp. | 13422 | 1177132 |
|  | BGF retail Co. Ltd. | 5388 | 407146 |
| # | BNK Financial Group, Inc. | 280250 | 2042749 |
| #\* | Celltrion Pharm, Inc. | 6714 | 226722 |
|  | Celltrion, Inc. | 43372 | 4918679 |
|  | Cheil Worldwide, Inc. | 72361 | 944423 |
|  | CJ CheilJedang Corp. | 9811 | 1650067 |
| # | CJ Corp. | 23422 | 2047402 |
|  | CJ Logistics Corp. | 11017 | 642688 |
|  | Classys, Inc. | 17370 | 785428 |
| # | Cosmax, Inc. | 5781 | 701547 |
| # | Coway Co. Ltd. | 62794 | 3866255 |
|  | DB HiTek Co. Ltd. | 20324 | 549421 |
|  | DB Insurance Co. Ltd. | 66094 | 4258126 |
| # | Dongsuh Cos., Inc. | 20637 | 377958 |
|  | Doosan Bobcat, Inc. | 62204 | 2138606 |
| # | Doosan Co. Ltd. | 7670 | 1631611 |
| \* | Doosan Enerbility Co. Ltd. | 371328 | 7544108 |
| # | Douzone Bizon Co. Ltd. | 12054 | 517084 |
| #\* | Ecopro BM Co. Ltd. | 16592 | 1181849 |
| # | Ecopro Co. Ltd. | 53748 | 1921544 |
|  | E-MART, Inc. | 15473 | 995428 |
| #\* | Enchem Co. Ltd. | 5103 | 284365 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
| # | F&F Co. Ltd. | 10965 | $544442 |
|  | GS Holdings Corp. (078930 KS) | 55047 | 1496792 |
| \* | GS P&L Co. Ltd. | 6432 | 95710 |
|  | GS Retail Co. Ltd. | 27117 | 282211 |
|  | Hana Financial Group, Inc. | 335831 | 15229971 |
| # | Hanjin Kal Corp. | 16227 | 903592 |
|  | Hankook Tire & Technology Co. Ltd. | 92545 | 2688045 |
|  | Hanmi Pharm Co. Ltd. | 5922 | 1120140 |
| # | Hanmi Science Co. Ltd. | 6586 | 134615 |
| # | Hanmi Semiconductor Co. Ltd. | 31164 | 1667816 |
| #\* | Hanon Systems | 155102 | 388674 |
| # | Hanwha Aerospace Co. Ltd. | 18477 | 10384140 |
|  | Hanwha Corp. | 13652 | 463032 |
| \* | Hanwha Engine | 16299 | 313251 |
| \* | Hanwha Life Insurance Co. Ltd. | 278753 | 519978 |
| \* | Hanwha Ocean Co. Ltd. | 26940 | 1488512 |
| # | Hanwha Solutions Corp. | 92221 | 1938860 |
| # | Hanwha Systems Co. Ltd. | 49412 | 1361337 |
| #\* | Hanwha Vision Co. Ltd. | 23871 | 1012853 |
|  | HD Hyundai Co. Ltd. | 62346 | 3448048 |
| # | HD Hyundai Electric Co. Ltd. | 17979 | 3912676 |
| # | HD Hyundai Heavy Industries Co. Ltd. | 7340 | 2075967 |
|  | HD Hyundai Infracore Co. Ltd. | 68158 | 395956 |
| # | HD Hyundai Mipo | 15343 | 1802392 |
|  | HD Korea Shipbuilding & Offshore Engineering Co. Ltd. | 32896 | 6292895 |
| # | HL Mando Co. Ltd. | 34399 | 902586 |
| #\* | HLB Life Science Co. Ltd. | 3810 | 16844 |
| \* | HLB, Inc. | 39414 | 1571750 |
| # | HMM Co. Ltd. | 206035 | 2651759 |
|  | HPSP Co. Ltd. | 33404 | 528617 |
| \* | Hugel, Inc. | 5376 | 1377563 |
|  | HYBE Co. Ltd. | 5966 | 1122682 |
| # | Hyosung Heavy Industries Corp. | 2938 | 1016171 |
| # | Hyundai Autoever Corp. | 6615 | 573328 |

---

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  # | Hyundai Elevator Co. Ltd. | 15545 | $807045 |
|  | Hyundai Engineering & Construction Co. Ltd. | 70249 | 2058693 |
|  | Hyundai Glovis Co. Ltd. | 55510 | 4450893 |
|  \* | Hyundai Marine & Fire Insurance Co. Ltd. | 56367 | 881974 |
|  | Hyundai Mobis Co. Ltd. | 37537 | 7046018 |
|  | Hyundai Motor Co. | 83302 | 11162427 |
|  | Hyundai Rotem Co. Ltd. | 66286 | 5224598 |
|  | Hyundai Steel Co. | 77199 | 1329006 |
|  | Industrial Bank of Korea | 349414 | 3771019 |
|  # | IsuPetasys Co. Ltd. | 38208 | 862674 |
|  | JB Financial Group Co. Ltd. | 159888 | 1921060 |
|  | Jusung Engineering Co. Ltd. | 14931 | 352414 |
|  | JYP Entertainment Corp. | 22204 | 1080049 |
|  | Kakao Corp. | 98695 | 2651415 |
|  # | KakaoBank Corp. | 52327 | 820186 |
|  #\* | Kakaopay Corp. | 16905 | 376405 |
|  | Kangwon Land, Inc. | 61635 | 703572 |
|  | KB Financial Group, Inc. (105560 KS) | 271232 | 17141490 |
|  | KB Financial Group, Inc. (KB US), ADR | 2997 | 188751 |
|  # | KCC Corp. | 4208 | 738969 |
|  # | KEPCO Engineering & Construction Co., Inc. | 7306 | 348934 |
|  | KEPCO Plant Service & Engineering Co. Ltd. | 15981 | 493688 |
|  | Kia Corp. | 207178 | 13166839 |
|  # | KIWOOM Securities Co. Ltd. | 24172 | 2324361 |
|  | Kolmar Korea Co. Ltd. | 4198 | 224351 |
|  | Korea Aerospace Industries Ltd. | 73272 | 4288654 |
|  | Korea Electric Power Corp. (015760 KS) | 174992 | 3155989 |
|  | Korea Gas Corp. | 24489 | 667128 |
|  | Korea Investment Holdings Co. Ltd. | 51532 | 3008699 |
|  | Korean Air Lines Co. Ltd. | 201280 | 2967440 |
|  #\* | Krafton, Inc. | 21699 | 5680843 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | KT Corp. (KT US), Sponsored ADR | 82100 | $1597666 |
|  # | KT&G Corp. | 74875 | 6043481 |
|  | Kumho Petrochemical Co. Ltd. | 18979 | 1587999 |
|  \* | L&F Co. Ltd. | 7625 | 347269 |
|  # | LEENO Industrial, Inc. | 54160 | 1375476 |
|  | LG Chem Ltd. | 32660 | 4949958 |
|  | LG Corp. | 66651 | 3121194 |
|  #\* | LG Display Co. Ltd. (034220 KS) | 124130 | 737443 |
|  #\* | LG Display Co. Ltd. (LPL US), ADR | 290355 | 850740 |
|  | LG Electronics, Inc. | 151852 | 7622299 |
|  \* | LG Energy Solution Ltd. | 6265 | 1429367 |
|  | LG H&H Co. Ltd. | 7321 | 1734648 |
|  # | LG Innotek Co. Ltd. | 15931 | 1565970 |
|  | LG Uplus Corp. | 259247 | 2188972 |
|  # | LIG Nex1 Co. Ltd. | 12128 | 2739949 |
|  #\* | LigaChem Biosciences, Inc. | 11496 | 847187 |
|  # | Lotte Chemical Corp. | 14982 | 635531 |
|  | Lotte Corp. | 27178 | 431153 |
|  | Lotte Shopping Co. Ltd. | 3834 | 181936 |
|  # | LS Corp. | 25378 | 2351050 |
|  # | LS Electric Co. Ltd. | 25318 | 3656734 |
|  | Macquarie Korea Infrastructure Fund | 344247 | 2774621 |
|  | Meritz Financial Group, Inc. | 90987 | 7948697 |
|  | Mirae Asset Securities Co. Ltd. | 214254 | 1780946 |
|  # | Misto Holdings Corp. | 47517 | 1235640 |
|  | NAVER Corp. | 32301 | 4544931 |
|  # | NCSoft Corp. | 8233 | 847464 |
|  #W | Netmarble Corp. | 22623 | 711628 |
|  | NH Investment & Securities Co. Ltd. | 173235 | 1872823 |
|  # | NongShim Co. Ltd. | 2975 | 843126 |
|  # | Orion Corp. | 25328 | 2195433 |
|  # | Pan Ocean Co. Ltd. | 290858 | 684403 |
|  \* | Pearl Abyss Corp. | 16556 | 412459 |
|  #\* | Peptron, Inc. | 3933 | 449925 |
|  # | PharmaResearch Co. Ltd | 3718 | 984783 |
|  | Poongsan Corp. | 15014 | 626880 |
|  # | Posco DX Co. Ltd. | 45598 | 786477 |
|  #\* | POSCO Future M Co. Ltd. | 8327 | 731061 |
|  # | POSCO Holdings, Inc. (005490 KS) | 38347 | 7008022 |

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**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  # | POSCO Holdings, Inc. (PKX US), Sponsored ADR | 2579 | $117422 |
|  # | Posco International Corp. | 43584 | 1502541 |
|  #\* | Rainbow Robotics | 4141 | 785503 |
|  | S-1 Corp. | 17230 | 767949 |
|  # | Sam Chun Dang Pharm Co. Ltd. | 7088 | 701883 |
|  #\*W | Samsung Biologics Co. Ltd. | 8033 | 5944970 |
|  | Samsung C&T Corp. | 50399 | 4337326 |
|  # | Samsung Card Co. Ltd. (029780 KS) | 30927 | 913347 |
|  # | Samsung Electro-Mechanics Co. Ltd. | 36362 | 3000002 |
|  | Samsung Electronics Co. Ltd. (005930 KS) | 3188235 | 124397070 |
|  | Samsung Engineering Co. Ltd. | 171487 | 2318737 |
|  | Samsung Fire & Marine Insurance Co. Ltd. | 31100 | 8205041 |
|  \* | Samsung Heavy Industries Co. Ltd. | 315378 | 3231239 |
|  # | Samsung Life Insurance Co. Ltd. | 52083 | 3162355 |
|  | Samsung SDI Co. Ltd. | 41707 | 5164602 |
|  | Samsung SDS Co. Ltd. | 25315 | 2281303 |
|  | Samsung Securities Co. Ltd. | 120021 | 4399556 |
|  # | Samyang Foods Co. Ltd. | 3294 | 2248287 |
|  | Shinhan Financial Group Co. Ltd. (055550 KS) | 291646 | 10540093 |
|  | Shinhan Financial Group Co. Ltd. (SHG US), ADR | 34854 | 1254047 |
|  | Shinsegae, Inc. | 1464 | 162316 |
|  #\* | SK Biopharmaceuticals Co. Ltd. | 20499 | 1537166 |
|  #\* | SK Bioscience Co. Ltd. | 14057 | 392175 |
|  | SK Gas Ltd. | 1420 | 239273 |
|  | SK Hynix, Inc. | 350913 | 43784493 |
|  # | SK Innovation Co. Ltd. | 31478 | 2090805 |
|  | SK Telecom Co. Ltd. (017670 KS) | 46340 | 1770501 |
|  | SK, Inc. | 34463 | 3207467 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  #\* | SKC Co. Ltd. | 11449 | $821351 |
|  | SL Corp. | 5895 | 136142 |
|  | SM Entertainment Co. Ltd. | 5222 | 454061 |
|  # | S-Oil Corp. | 35981 | 1314236 |
|  | Soulbrain Co. Ltd. | 2201 | 268142 |
|  #\* | Taihan Electric Wire Co. Ltd. | 43396 | 355522 |
|  | Woori Financial Group, Inc. (316140 KS) | 739934 | 9214067 |
|  | Youngone Corp. | 16176 | 539393 |
|  # | Yuhan Corp. | 26942 | 2159081 |
|  TOTAL SOUTH KOREA | TOTAL SOUTH KOREA |  | 549931942 |
|  TAIWAN — (17.6%) | TAIWAN — (17.6%) |  |  |
|  | Accton Technology Corp. | 294000 | 5476138 |
|  # | Acer, Inc. | 3398811 | 3713965 |
|  | Advanced Energy Solution Holding Co. Ltd. | 21000 | 560609 |
|  | Advantech Co. Ltd. | 233089 | 2441879 |
|  | Airoha Technology Corp. | 18000 | 285042 |
|  # | Airtac International Group. | 113602 | 3120217 |
|  # | Alchip Technologies Ltd. | 52000 | 3474937 |
|  # | ASE Technology Holding Co. Ltd. | 1651782 | 7038570 |
|  | Asia Cement Corp. | 2725758 | 3839353 |
|  # | Asia Vital Components Co. Ltd. | 173000 | 2540117 |
|  # | ASMedia Technology, Inc. | 22000 | 1163228 |
|  | ASPEED Technology, Inc. | 31300 | 2944590 |
|  | Asustek Computer, Inc. | 553180 | 10115943 |
|  # | AUO Corp. (2409 TT) | 7603498 | 2925443 |
|  | Bizlink Holding, Inc. | 141551 | 2396201 |
|  # | Bora Pharmaceuticals Co. Ltd. | 54255 | 1211979 |
|  \* | Caliway Biopharmaceuticals Co. Ltd. | 39000 | 815051 |
|  | Capital Securities Corp. | 771000 | 627284 |
|  # | Catcher Technology Co. Ltd. | 708429 | 4822430 |
|  | Cathay Financial Holding Co. Ltd. | 4347393 | 8010112 |

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**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  # | Chailease Holding Co. Ltd. | 1434952 | $5163094 |
|  | Chang Hwa Commercial Bank Ltd. | 5142448 | 2932335 |
|  # | Cheng Shin Rubber Industry Co. Ltd. | 2121965 | 3277406 |
|  | Chicony Electronics Co. Ltd. | 810497 | 3905263 |
|  | China Airlines Ltd. | 5213536 | 3434474 |
|  | China Steel Corp. | 9023932 | 5835714 |
|  # | Chipbond Technology Corp. | 446000 | 886793 |
|  | Chroma ATE, Inc. | 372000 | 3400541 |
|  # | Chung-Hsin Electric & Machinery Manufacturing Corp. | 562000 | 2242473 |
|  | Chunghwa Telecom Co. Ltd. (2412 TT) | 722000 | 2918977 |
|  # | Chunghwa Telecom Co. Ltd. (CHT US), Sponsored ADR | 111161 | 4495351 |
|  | Compal Electronics, Inc. | 5016541 | 4322615 |
|  # | Compeq Manufacturing Co. Ltd. | 1260000 | 2211597 |
|  | CTBC Financial Holding Co. Ltd. | 10445175 | 12870955 |
|  | Delta Electronics, Inc. | 890486 | 9330687 |
|  | E Ink Holdings, Inc. | 569000 | 3974797 |
|  | E.Sun Financial Holding Co. Ltd. | 10515291 | 9326817 |
|  # | Eclat Textile Co. Ltd. | 171402 | 2234119 |
|  | Elite Material Co. Ltd. | 263000 | 4577101 |
|  | eMemory Technology, Inc. | 70000 | 5636505 |
|  | Eva Airways Corp. | 4558758 | 5475658 |
|  # | Evergreen Marine Corp. Taiwan Ltd. | 1045289 | 6772404 |
|  # | Far Eastern International Bank | 1390809 | 559969 |
|  | Far Eastern New Century Corp. | 3702085 | 3809617 |
|  | Far EasTone Telecommunications Co. Ltd. | 1922000 | 5153955 |
|  | Faraday Technology Corp. | 137097 | 778600 |
|  # | Feng TAY Enterprise Co. Ltd. | 471666 | 1669616 |
|  | First Financial Holding Co. Ltd. | 9701863 | 7725665 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  # | Formosa Chemicals & Fibre Corp. | 2872518 | $2244743 |
|  # | Formosa Petrochemical Corp. | 651000 | 712680 |
|  # | Formosa Plastics Corp. | 2928153 | 3119752 |
|  # | Fortune Electric Co. Ltd. | 114200 | 1505197 |
|  | Foxconn Technology Co. Ltd. | 1025627 | 1908991 |
|  | Fubon Financial Holding Co. Ltd. | 3789252 | 10043148 |
|  | Getac Holdings Corp. | 429000 | 1443577 |
|  # | Giant Manufacturing Co. Ltd. | 344810 | 1407593 |
|  # | Gigabyte Technology Co. Ltd. | 430000 | 3104177 |
|  | Global Unichip Corp. | 70000 | 2248763 |
|  # | Globalwafers Co. Ltd. | 282000 | 2721597 |
|  | Gold Circuit Electronics Ltd. | 370000 | 2225804 |
|  | Great Wall Enterprise Co. Ltd. | 269000 | 503383 |
|  # | Highwealth Construction Corp. | 1379444 | 1763091 |
|  # | Hiwin Technologies Corp. | 368291 | 2542254 |
|  | Hon Hai Precision Industry Co. Ltd. (2317 TT) | 5740322 | 25574836 |
|  | Hotai Finance Co. Ltd. | 95940 | 203899 |
|  | Hotai Motor Co. Ltd. | 206960 | 4028386 |
|  | Hua Nan Financial Holdings Co. Ltd. | 7488645 | 6340767 |
|  | Innolux Corp. | 6766372 | 2897761 |
|  # | International Games System Co. Ltd. | 284000 | 7362954 |
|  # | Inventec Corp. | 2220550 | 2836421 |
|  | Jentech Precision Industrial Co. Ltd. | 50000 | 1574485 |
|  | Jinan Acetate Chemical Co. Ltd. | 59657 | 1570414 |
|  | Johnson Health Tech Co. Ltd. | 74000 | 399295 |
|  # | JSL Construction & Development Co. Ltd. | 89180 | 230241 |
|  | KGI Financial Holding Co. Ltd. | 13094045 | 6791562 |
|  | King Slide Works Co. Ltd. | 33000 | 1804967 |
|  | King Yuan Electronics Co. Ltd. | 1526000 | 4149833 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | King's Town Bank Co. Ltd. | 329000 | $498099 |
|  | L&K Engineering Co. Ltd. | 131000 | 968241 |
|  | Largan Precision Co. Ltd. (3008 TT) | 69860 | 4980435 |
|  | Lien Hwa Industrial Holdings Corp. | 1000819 | 1371564 |
|  # | Lite-On Technology Corp. | 1515410 | 4582944 |
|  | Lotes Co. Ltd. | 90700 | 3566298 |
|  | Lotus Pharmaceutical Co. Ltd. | 176000 | 1212536 |
|  | Makalot Industrial Co. Ltd. | 205020 | 1824206 |
|  | MediaTek, Inc. | 702995 | 29872414 |
|  | Mega Financial Holding Co. Ltd. | 5243541 | 6209822 |
|  | Merida Industry Co. Ltd. | 145287 | 602603 |
|  | Micro-Star International Co. Ltd. | 837000 | 3660681 |
|  | Mitac Holdings Corp. | 288000 | 479639 |
|  | momo.com, Inc. | 81555 | 824868 |
|  # | MPI Corp. | 42000 | 860076 |
|  | Myson Century, Inc. | 1020000 | 1876067 |
|  # | Nan Ya Plastics Corp. | 3180599 | 3047994 |
|  # | Nan Ya Printed Circuit Board Corp. | 144000 | 444727 |
|  #\* | Nanya Technology Corp. | 1217010 | 1374060 |
|  | Nien Made Enterprise Co. Ltd. | 214000 | 2620608 |
|  # | Novatek Microelectronics Corp. | 579000 | 9416421 |
|  | Parade Technologies Ltd. | 43000 | 726821 |
|  | Pegatron Corp. | 1854345 | 4711469 |
|  \* | PharmaEssentia Corp. | 175869 | 2891446 |
|  | Phison Electronics Corp. | 169000 | 2363067 |
|  | Pou Chen Corp. | 2506487 | 2581100 |
|  #\* | Powerchip Semiconductor Manufacturing Corp. | 3526000 | 1558799 |
|  | Powertech Technology, Inc. | 902819 | 3067795 |
|  | President Chain Store Corp. | 420831 | 3441374 |
|  | Qisda Corp. | 1446000 | 1211304 |
|  # | Quanta Computer, Inc. | 1232000 | 9255630 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Radiant Opto-Electronics Corp. | 571000 | $2652449 |
|  | Realtek Semiconductor Corp. | 248950 | 4092505 |
|  | Ruentex Development Co. Ltd. | 1695101 | 1744841 |
|  | Ruentex Industries Ltd. | 660214 | 1134606 |
|  | Sakura Development Co. Ltd. | 104000 | 197857 |
|  | Sanyang Motor Co. Ltd. | 244000 | 528729 |
|  | Shanghai Commercial & Savings Bank Ltd. | 3245718 | 4786357 |
|  | Shihlin Electric & Engineering Corp. | 191000 | 856339 |
|  \* | Shin Kong Financial Holding Co. Ltd. | 15375017 | 5673606 |
|  # | Silergy Corp. | 235000 | 2962480 |
|  | Simplo Technology Co. Ltd. | 216000 | 2364302 |
|  | Sinbon Electronics Co. Ltd. | 194000 | 1351648 |
|  | Sino-American Silicon Products, Inc. | 686000 | 2378121 |
|  | SinoPac Financial Holdings Co. Ltd. | 9664006 | 6457706 |
|  #\* | Starlux Airlines Co. Ltd. | 1024000 | 776870 |
|  | Synnex Technology International Corp. | 1370343 | 3040156 |
|  | TA Chen Stainless Pipe | 1965787 | 2583743 |
|  | Taichung Commercial Bank Co. Ltd. | 3677151 | 2280569 |
|  # | Taishin Financial Holding Co. Ltd. | 11240388 | 5873885 |
|  | Taiwan Business Bank | 8436964 | 3736630 |
|  | Taiwan Cooperative Financial Holding Co. Ltd. | 7644595 | 5838705 |
|  | Taiwan FamilyMart Co. Ltd. | 22000 | 142986 |
|  | Taiwan Fertilizer Co. Ltd. | 239000 | 383362 |
|  #\* | Taiwan Glass Industry Corp. | 666375 | 293261 |
|  | Taiwan High Speed Rail Corp. | 1649000 | 1399939 |
|  | Taiwan Mobile Co. Ltd. | 1824300 | 6477189 |

---

978

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Taiwan Secom Co. Ltd. | 177670 | $637579 |
|  | Taiwan Semiconductor Manufacturing Co. Ltd. (2330 TT) | 12734808 | 360835068 |
|  #\* | Tatung Co. Ltd. | 1748000 | 2222848 |
|  | TCC Group Holdings Co. Ltd. | 5327701 | 4951074 |
|  | Teco Electric & Machinery Co. Ltd. | 1579000 | 2419824 |
|  # | Tong Yang Industry Co. Ltd. | 246000 | 1012218 |
|  | Tripod Technology Corp. | 590870 | 3411527 |
|  | U-Ming Marine Transport Corp. | 221000 | 362957 |
|  | Unimicron Technology Corp. | 1269000 | 3743633 |
|  | Union Bank of Taiwan | 972309 | 505973 |
|  | Uni-President Enterprises Corp. | 4692033 | 11275719 |
|  | United Integrated Services Co. Ltd. | 170000 | 2345567 |
|  # | United Microelectronics Corp. (2303 TT) | 6388000 | 8963965 |
|  # | United Microelectronics Corp. (UMC US), Sponsored ADR | 59082 | 415937 |
|  # | Vanguard International Semiconductor Corp. | 1087126 | 3068969 |
|  | VisEra Technologies Co. Ltd. | 117000 | 742383 |
|  | Voltronic Power Technology Corp. | 75224 | 3527347 |
|  | Walsin Lihwa Corp. | 2911818 | 1886294 |
|  | Walsin Technology Corp. | 182000 | 447148 |
|  # | Wan Hai Lines Ltd. | 886747 | 2304808 |
|  #\* | Winbond Electronics Corp. | 3826591 | 1896840 |
|  \*†† | Wintek Corp. | 604760 | 0 |
|  # | Wistron Corp. | 2463699 | 7905408 |
|  | Wistron NeWeb Corp. | 189172 | 746047 |
|  | Wiwynn Corp. | 75000 | 4513595 |
|  | WPG Holdings Ltd. | 1741039 | 3688537 |
|  | WT Microelectronics Co. Ltd. | 352945 | 1292863 |
|  # | Yageo Corp. | 354634 | 5084808 |
|  # | Yang Ming Marine Transport Corp. | 2002000 | 4277228 |
|  | YFY, Inc. | 4000 | 3266 |
|  | Yuanta Financial Holding Co. Ltd. | 9059882 | 8876513 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  # | Yulon Finance Corp. | 334023 | $1128500 |
|  | Yulon Motor Co. Ltd. | 668496 | 823335 |
|  # | Zhen Ding Technology Holding Ltd. | 969700 | 2970590 |
|  TOTAL TAIWAN | TOTAL TAIWAN |  | 936107074 |
|  THAILAND — (1.5%) | THAILAND — (1.5%) |  |  |
|  | Advanced Info Service PCL | 707700 | 6249708 |
|  | AEON Thana Sinsap Thailand PCL | 26800 | 84640 |
|  | Airports of Thailand PCL | 1666500 | 1908206 |
|  | Asset World Corp. PCL | 2554800 | 168255 |
|  | Bangchak Corp. PCL | 1077100 | 1152711 |
|  # | Bangkok Airways PCL | 437900 | 209741 |
|  | Bangkok Bank PCL (BBLF TB) | 539400 | 2260620 |
|  | Bangkok Bank PCL (BBLR TB), NVDR | 126700 | 530998 |
|  # | Bangkok Chain Hospital PCL | 919200 | 415504 |
|  | Bangkok Dusit Medical Services PCL, Class F | 4033100 | 2897602 |
|  | Bangkok Expressway & Metro PCL | 5243799 | 926161 |
|  | Bangkok Life Assurance PCL, NVDR | 73900 | 37166 |
|  | Banpu PCL | 4664866 | 600477 |
|  # | Berli Jucker PCL | 782800 | 557720 |
|  | Betagro PCL | 332000 | 235546 |
|  \* | BTS Group Holdings PCL | 6579900 | 994716 |
|  | Bumrungrad Hospital PCL | 420400 | 2076516 |
|  # | Cal-Comp Electronics Thailand PCL, Class F | 1723700 | 307020 |
|  | Carabao Group PCL | 261100 | 488512 |
|  | Central Pattana PCL | 1354900 | 2058410 |
|  | Central Plaza Hotel PCL | 379900 | 284314 |
|  | Central Retail Corp. PCL | 1502350 | 1065879 |
|  | Charoen Pokphand Foods PCL | 3550823 | 2816848 |
|  | Com7 PCL | 942000 | 580907 |
|  | CP ALL PCL | 2232500 | 3441813 |
|  | CP Axtra PCL | 480028 | 362841 |

---

979

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | Delta Electronics Thailand PCL | 1325100 | $3887436 |
|  | Electricity Generating PCL | 203700 | 634181 |
|  | Global Power Synergy PCL | 558300 | 522283 |
| \* | Gulf Development PCL | 1894125 | 2778391 |
|  | Home Product Center PCL | 4266113 | 1085525 |
|  | Indorama Ventures PCL | 1348800 | 767167 |
| # | I-TAIL Corp. PCL | 407500 | 157364 |
|  | Kasikornbank PCL (KBANKF TB) | 220900 | 1054739 |
|  | Kasikornbank PCL (KBANKR TB), NVDR | 5500 | 26261 |
|  | Kiatnakin Phatra Bank PCL | 192787 | 288560 |
|  | Krung Thai Bank PCL | 1463187 | 954871 |
| # | Krungthai Card PCL | 660700 | 919699 |
| # | Land & Houses PCL (LHF TB) | 2849400 | 361666 |
|  | MBK PCL | 612704 | 282462 |
|  | Minor International PCL | 2962683 | 2372452 |
|  | Muangthai Capital PCL | 900700 | 1213336 |
|  | Ngern Tid Lor PCL | 1462949 | 525532 |
|  | Osotspa PCL | 947300 | 448057 |
|  | PTT Exploration & Production PCL | 1156055 | 3443421 |
|  | PTT Global Chemical PCL | 1760125 | 911545 |
| # | PTT Oil & Retail Business PCL | 2005300 | 870434 |
|  | PTT PCL | 6782700 | 6294378 |
| # | Ratch Group PCL | 903700 | 710137 |
|  | SCB X PCL | 405866 | 1445833 |
|  | SCG Packaging PCL | 954401 | 402846 |
|  | Siam Cement PCL | 418300 | 2003532 |
|  | Siam Global House PCL | 1354982 | 285964 |
|  | Srisawad Corp. PCL | 704369 | 643115 |
|  | Supalai PCL | 912600 | 431644 |
|  | Thai Life Insurance PCL | 1308400 | 481764 |
|  | Thai Oil PCL | 1150617 | 921389 |
|  | Thai Union Group PCL | 2324640 | 751568 |
|  | Thanachart Capital PCL | 314900 | 450126 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
| # | Tisco Financial Group PCL (TISCO/F TB) | 255000 | $| 750000 |
|  | TMBThanachart Bank PCL | 21657297 |  | 1186435 |
| \* | True Corp. PCL | 9992986 |  | 3619672 |
|  | TTW PCL | 469128 |  | 123584 |
|  | WHA Corp. PCL | 7681500 |  | 694451 |
|  TOTAL THAILAND | TOTAL THAILAND |  |  | 77414651 |
|  TURKEY — (0.7%) | TURKEY — (0.7%) | TURKEY — (0.7%) | TURKEY — (0.7%) | TURKEY — (0.7%) |
|  | Ahlatci Dogal Gaz Dagitim Enerji VE Yatirim AS | 48934 |  | 27111 |
|  | Akbank TAS | 2337356 |  | 2970124 |
|  | Aksa Akrilik Kimya Sanayii AS | 298193 |  | 74187 |
|  | Aksa Enerji Uretim AS | 237721 |  | 192617 |
| # | Alarko Holding AS | 105706 |  | 253359 |
|  | Anadolu Anonim Turk Sigorta Sirketi | 31679 |  | 72037 |
| # | Anadolu Efes Biracilik Ve Malt Sanayii AS | 229521 |  | 954544 |
|  | Anadolu Hayat Emeklilik AS | 19428 |  | 40586 |
| #\* | Arcelik AS | 76332 |  | 226218 |
|  | Aselsan Elektronik Sanayi Ve Ticaret AS | 389028 |  | 1370498 |
|  | Astor Transformator Enerji Turizm Insaat Ve Petrol Sanayi Ticaret AS | 149685 |  | 392194 |
| # | BIM Birlesik Magazalar AS | 198917 |  | 2336927 |
|  | Borusan Yatirim ve Pazarlama AS | 2805 |  | 155185 |
|  | Celebi Hava Servisi AS | 416 |  | 27282 |
|  | Cimsa Cimento Sanayi VE Ticaret AS | 131107 |  | 160109 |
|  | Coca-Cola Icecek AS | 769041 |  | 1043579 |
|  | Dogan Sirketler Grubu Holding AS | 1001315 |  | 406771 |
| # | Dogus Otomotiv Servis ve Ticaret AS | 74304 |  | 378357 |
| W | Enerjisa Enerji AS | 183384 |  | 258508 |
| # | Enka Insaat ve Sanayi AS | 775859 |  | 1294437 |
| # | Eregli Demir ve Celik Fabrikalari TAS | 1821035 |  | 1069345 |
| # | Ford Otomotiv Sanayi AS | 40824 |  | 941892 |
| \* | Gubre Fabrikalari TAS | 23608 |  | 169380 |

---

980

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
|  | Is Yatirim Menkul Degerler AS | 434732 | $407487 |
| \* | Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS (KRDMA TI), Class A | 41274 | 41601 |
|  | Kiler Holding AS | 19833 | 13219 |
| # | KOC Holding AS | 466715 | 1680378 |
|  | Migros Ticaret AS | 45800 | 571134 |
| \*W | MLP Saglik Hizmetleri AS | 21634 | 184162 |
|  | Nuh Cimento Sanayi AS | 15870 | 100852 |
| # | Otokar Otomotiv Ve Savunma Sanayi AS | 33601 | 330319 |
| #\* | Oyak Cimento Fabrikalari AS | 780529 | 477784 |
| \* | Pegasus Hava Tasimaciligi AS | 314136 | 1826935 |
| \* | Petkim Petrokimya Holding AS | 817315 | 344457 |
| \* | Reysas Tasimacilik ve Lojistik Ticaret AS | 62085 | 23840 |
| #\* | Sasa Polyester Sanayi AS | 2129384 | 234878 |
|  | Selcuk Ecza Deposu Ticaret ve Sanayi AS | 59652 | 99780 |
| \* | TAV Havalimanlari Holding AS | 190894 | 1136317 |
| \* | Tekfen Holding AS | 38203 | 136079 |
| # | Tofas Turk Otomobil Fabrikasi AS | 74745 | 390893 |
| #\* | Turk Altin Isletmeleri AS | 299082 | 194632 |
| \* | Turk Hava Yollari AO | 406931 | 3019394 |
| \* | Turk Telekomunikasyon AS | 401340 | 548264 |
|  | Turk Traktor ve Ziraat Makineleri AS | 19401 | 306357 |
|  | Turkcell Iletisim Hizmetleri AS | 885693 | 2077439 |
| # | Turkiye Garanti Bankasi AS | 391168 | 1051430 |
|  | Turkiye Is Bankasi AS, Class C | 6047170 | 1628172 |
| # | Turkiye Petrol Rafinerileri AS | 601638 | 1955520 |
|  | Turkiye Sigorta AS | 793360 | 361440 |
|  | Turkiye Sise ve Cam Fabrikalari AS | 973120 | 869437 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| #\* | Turkiye Vakiflar Bankasi TAO, Class D | 1926733 | $| 1043299 |
| #\* | Ulker Biskuvi Sanayi AS | 132902 |  | 369620 |
|  | Vestel Beyaz Esya Sanayi ve Ticaret AS | 29061 |  | 8780 |
| \* | Yapi ve Kredi Bankasi AS | 2781837 |  | 1654455 |
|  | Ziraat Gayrimenkul Yatirim Ortakligi AS | 333325 |  | 210034 |
|  TOTAL TURKEY | TOTAL TURKEY |  |  | 38113635 |
|  UNITED ARAB EMIRATES — (1.8%) | UNITED ARAB EMIRATES — (1.8%) | UNITED ARAB EMIRATES — (1.8%) | UNITED ARAB EMIRATES — (1.8%) | UNITED ARAB EMIRATES — (1.8%) |
|  | Abu Dhabi Commercial Bank PJSC | 2347636 |  | 7439301 |
|  | Abu Dhabi Islamic Bank PJSC | 1605496 |  | 7993392 |
|  | Abu Dhabi National Oil Co. for Distribution PJSC | 2765906 |  | 2538178 |
| \* | Abu Dhabi Ports Co. PJSC | 543884 |  | 588665 |
|  | ADNOC Drilling Co. PJSC | 2163825 |  | 2886931 |
|  | Aldar Properties PJSC | 2073696 |  | 4669868 |
|  | Alpha Dhabi Holding PJSC | 482460 |  | 1487730 |
|  | Dubai Electricity & Water Authority PJSC | 3949297 |  | 2881777 |
|  | Dubai Islamic Bank PJSC | 3514920 |  | 7241758 |
|  | Emaar Development PJSC | 752538 |  | 2742417 |
|  | Emaar Properties PJSC | 5619079 |  | 20078383 |
|  | Emirates Integrated Telecommunications Co. PJSC | 359152 |  | 851359 |
|  | Emirates NBD Bank PJSC | 1937820 |  | 10844967 |
|  | Emirates Telecommunications Group Co. PJSC | 1555561 |  | 7371417 |
|  | First Abu Dhabi Bank PJSC | 2084400 |  | 8528548 |
| \* | International Holding Co. PJSC | 23416 |  | 2558277 |
| \* | Multiply Group PJSC | 1230901 |  | 723193 |
|  | NMDC Group PJSC | 25862 |  | 175986 |

---

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  | **Shares** | **Value»** | **Value»** |
| UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |
| Salik Co. PJSC | 1663613 | $| 2292137 |
| TOTAL UNITED ARAB EMIRATES |  |  | 93894284 |
| UNITED KINGDOM — (0.1%) | UNITED KINGDOM — (0.1%) | UNITED KINGDOM — (0.1%) | UNITED KINGDOM — (0.1%) |
| Anglogold Ashanti PLC (AU US) | 174864 |  | 7372266 |
| UNITED STATES — (0.3%) | UNITED STATES — (0.3%) | UNITED STATES — (0.3%) | UNITED STATES — (0.3%) |
| Yum China Holdings, Inc. (9987 HK) | 117550 |  | 5491637 |
| Yum China Holdings, Inc. (YUMC US) | 240132 |  | 10400117 |
| TOTAL UNITED STATES |  |  | 15891754 |
| TOTAL COMMON STOCKS |  |  | 5169478392 |
| PREFERRED STOCKS — (0.9%) |  |  |  |
| BRAZIL — (0.9%) |  |  |  |
| Banco Bradesco SA, 9.775% | 2216238 |  | 5361787 |
| Centrais Eletricas Brasileiras SA, 4.010% | 137246 |  | 1166379 |
| Cia Energetica de Minas Gerais, 10.929% | 1422778 |  | 2745200 |
| Cia Paranaense de Energia - Copel Class B, 7.077% | 1103567 |  | 2242076 |
| Energisa SA, 6.888% | 639 |  | 949 |
| Gerdau SA, 5.337% | 561835 |  | 1483997 |
| Isa Energia Brasil SA, 9.841% | 223800 |  | 946048 |
| Itau Unibanco Holding SA, 6.726% | 1938499 |  | 12153299 |
| Petroleo Brasileiro SA, 17.822% | 3320647 |  | 17547766 |
| Raizen SA, 0.553% | 307196 |  | 97975 |
| TOTAL BRAZIL |  |  | 43745476 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHILE — (0.0%) | CHILE — (0.0%) | CHILE — (0.0%) | CHILE — (0.0%) |
|  | Embotelladora Andina SA, 7.252% | 234235 | $1001860 |
|  COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) |
|  | Bancolombia SA, 10.424% | 40292 | 413831 |
|  | Grupo de Inversiones Suramericana SA, 3.782% | 71176 | 634687 |
|  TOTAL COLOMBIA | TOTAL COLOMBIA |  | 1048518 |
|  TOTAL PREFERRED STOCKS | TOTAL PREFERRED STOCKS |  | 45795854 |
|  RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |  |  |
|  MALAYSIA — (0.0%) | MALAYSIA — (0.0%) |  |  |
| \* | Top Glove Corp. Bhd. Warrants 02/09/2030 | 257475 | 13127 |
|  SOUTH KOREA — (0.0%) | SOUTH KOREA — (0.0%) | SOUTH KOREA — (0.0%) | SOUTH KOREA — (0.0%) |
| \* | Samsung SDI Co. Ltd. Rights 05/22/2025 | 5897 | 142914 |
|  THAILAND — (0.0%) | THAILAND — (0.0%) | THAILAND — (0.0%) | THAILAND — (0.0%) |
| \* | MBK PCL Rights 05/16/2025 | 39200 | 939 |
|  TOTAL RIGHTS/WARRANTS | TOTAL RIGHTS/WARRANTS |  | 156980 |
|  TOTAL INVESTMENT SECURITIES (Cost $2,788,064,107) | TOTAL INVESTMENT SECURITIES (Cost $2,788,064,107) |  | 5215431226 |
|  SECURITIES LENDING COLLATERAL — (1.9%) | SECURITIES LENDING COLLATERAL — (1.9%) | SECURITIES LENDING COLLATERAL — (1.9%) | SECURITIES LENDING COLLATERAL — (1.9%) |
| @§ | The DFA Short Term Investment Fund | 8947863 | 103482041 |
|  TOTAL INVESTMENTS — (100.0%) (Cost $2,891,548,798) | TOTAL INVESTMENTS — (100.0%) (Cost $2,891,548,798) |  | $5318913267 |

---

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

As of April 30, 2025, The Emerging Markets Series had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration<br>Date** | **Notional**<br>**Value** | **Market**<br>**Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Position Contracts:** |  |  |  |  |  |
|  S&P 500<sup>®</sup> Emini Index | 121 | 06/20/25 | $32040344 | $33801350 | $1761006 |
|  **Total Futures Contracts** |  |  | **$32040344** | **$33801350** | **$1761006** |

---

As of April 30, 2025, the value of Rule 144A securities amounted to $244,361,933 or 4.7% of net assets.

Summary of the Series' investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Level 1**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 2**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 3**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total**  |
|  **Assets** |  |  |  |  |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Belgium |  | $1856400 |  | $1856400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazil | $156254896 |  |  | 156254896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chile | 26925561 |  |  | 26925561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; China | 157280678 | 1167117157 |  | 1324397835 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colombia | 6286657 |  |  | 6286657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Czech Republic |  | 10438581 |  | 10438581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Egypt | 190849 | 2409662 |  | 2600511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Greece |  | 31707731 |  | 31707731 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hong Kong |  | 42562441 |  | 42562441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hungary |  | 16418500 |  | 16418500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; India | 35709317 | 1011075671 |  | 1046784988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indonesia |  | 69730131 |  | 69730131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kuwait |  | 35294423 |  | 35294423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Luxembourg |  | 1505374 |  | 1505374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Malaysia |  | 83605800 |  | 83605800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mexico | 99946125 |  |  | 99946125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Netherlands |  | 3928080 |  | 3928080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Peru | 6939213 |  |  | 6939213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Philippines |  | 32199283 |  | 32199283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Poland |  | 62098986 |  | 62098986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Qatar |  | 43948673 |  | 43948673 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Saudi Arabia |  | 195938683 |  | 195938683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Africa | 18237310 | 131146604 |  | 149383914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Korea | 4008626 | 545923316 |  | 549931942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Taiwan | 4911288 | 931195786 |  | 936107074 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Thailand | 594425 | 76820226 |  | 77414651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Turkey |  | 38113635 |  | 38113635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United Arab Emirates |  | 93894284 |  | 93894284 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United Kingdom | 7372266 |  |  | 7372266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United States | 10400117 | 5491637 |  | 15891754 |
|  Preferred Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazil | 43745476 |  |  | 43745476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chile | 1001860 |  |  | 1001860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colombia | 1048518 |  |  | 1048518 |

---

983

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SERIES** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Level 1**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 2**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 3**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total**  |
|  Rights/Warrants |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Malaysia |  | $13127 |  | $13127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Korea |  | 142914 |  | 142914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Thailand |  | 939 |  | 939 |
|  Securities Lending Collateral |  | 103482041 |  | 103482041 |
|  Total Investments in Securities | $580853182 | $4738060085 | —<> | $5318913267 |
|  **Financial Instruments** |  |  |  |  |
|  **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts\*\* | $1761006 |  |  | 1761006 |
|  Total Financial Instruments | $1761006 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $1761006 |

---

\*\* Valued at the unrealized appreciation/(depreciation) on the investment.

---

| | |
|:---|:---|
| <> | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.  |

---

See accompanying Notes to Financial Statements.

984

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COMMON STOCKS — (97.8%) | COMMON STOCKS — (97.8%) |  |  |
|  BELGIUM — (0.1%) | BELGIUM — (0.1%) | BELGIUM — (0.1%) |  |
|  | Titan Cement International SA (TITC GA) | 90073 | $4181439 |
|  BRAZIL — (3.5%) | BRAZIL — (3.5%) |  |  |
|  | Allied Tecnologia SA | 28000 | 34586 |
|  | Allos SA | 955532 | 3579572 |
|  | Alupar Investimento SA | 511337 | 2776914 |
|  \* | Ambipar Participacoes e Empreendimentos SA | 13860 | 297952 |
|  | Anima Holding SA | 83900 | 47160 |
|  | Atacadao SA | 144600 | 217850 |
|  | Auren Energia SA | 637731 | 1003487 |
|  \* | Automob Participacoes SA | 952267 | 45305 |
|  | Bemobi Mobile Tech SA | 142619 | 475217 |
|  \* | Blau Farmaceutica SA | 5407 | 12300 |
|  | Boa Safra Sementes SA | 67437 | 122750 |
|  | BR Advisory Partners Participacoes SA | 57213 | 148195 |
|  | BrasilAgro - Co. Brasileira de Propriedades Agricolas | 151152 | 564108 |
|  | Brava Energia | 132587 | 405577 |
|  | BRF SA | 376008 | 1503992 |
|  | C&A Modas SA | 312520 | 732957 |
|  \* | Cia Brasileira de Aluminio | 143441 | 99332 |
|  \* | Cia Brasileira de Distribuicao | 306063 | 228125 |
|  | Cia de Saneamento de Minas Gerais Copasa MG | 623774 | 2356539 |
|  | Cia De Sanena Do Parana (SAPR11 BZ) | 923809 | 5002273 |
|  | Cia De Sanena Do Parana (SAPR3 BZ) | 555096 | 601542 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  | Cia Siderurgica Nacional SA (CSNA3 BZ) | 1229291 | $2014468 |
|  | Cogna Educacao SA | 1673808 | 760936 |
|  | Cosan SA | 1508125 | 2064814 |
|  | Cruzeiro do Sul Educacional SA | 258997 | 186655 |
|  | CSU Digital SA | 65014 | 196698 |
|  | Cury Construtora e Incorporadora SA | 428601 | 2080642 |
|  | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 715568 | 3125720 |
|  W | Desktop SA | 23721 | 38580 |
|  | Dexco SA | 809110 | 788416 |
|  | Dimed SA Distribuidora da Medicamentos | 229632 | 371448 |
|  | Direcional Engenharia SA | 96479 | 617959 |
|  | EcoRodovias Infraestrutura e Logistica SA | 593378 | 691123 |
|  | Eletromidia SA | 31968 | 172256 |
|  \* | Embraer SA (EMBR3 BZ) | 989509 | 11319335 |
|  \* | Embraer SA (ERJ US), Sponsored ADR | 187677 | 8621881 |
|  | Empreendimentos Pague Menos SA | 47520 | 27632 |
|  | Even Construtora e Incorporadora SA | 317994 | 322188 |
|  | Ez Tec Empreendimentos e Participacoes SA | 270856 | 633811 |
|  | Fleury SA | 706342 | 1616764 |
|  | Fras-Le SA | 167399 | 862488 |
|  W | GPS Participacoes e Empreendimentos SA | 771120 | 2051736 |
|  | Grendene SA | 514179 | 503746 |
|  | Grupo Mateus SA | 1288776 | 1748601 |
|  | Grupo SBF SA | 206024 | 385173 |
|  | Guararapes Confeccoes SA | 170211 | 244138 |

---

985

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
| \*W | Hapvida Participacoes e Investimentos SA | 876962 | $358502 |
| \* | Hidrovias do Brasil SA | 581907 | 310684 |
|  | Hypera SA | 303279 | 1288968 |
|  | Iochpe Maxion SA | 243017 | 527558 |
|  | Irani Papel e Embalagem SA | 270817 | 383190 |
| \* | IRB-Brasil Resseguros SA | 113921 | 960121 |
|  | Jalles Machado SA | 127072 | 89564 |
|  | JHSF Participacoes SA | 912076 | 824463 |
|  | JSL SA | 200436 | 238045 |
|  | Kepler Weber SA | 398524 | 526670 |
|  | Lavvi Empreendimentos Imobiliarios SA | 293400 | 539738 |
|  | LOG Commercial Properties e Participacoes SA | 102472 | 379180 |
| \* | Log-in Logistica Intermodal SA | 82941 | 326202 |
|  | Lojas Quero-Quero SA | 52708 | 25634 |
|  | Lojas Renner SA | 1840982 | 4739390 |
|  | M Dias Branco SA | 131269 | 586821 |
|  | Mahle Metal Leve SA | 34254 | 178780 |
|  | Marcopolo SA | 621600 | 598035 |
|  | Marfrig Global Foods SA | 855283 | 3237179 |
|  | Melnick Even Desenvolvimento Imobiliario SA | 73800 | 42133 |
|  | Mills Locacao Servicos e Logistica SA | 501620 | 898031 |
| \* | Minerva SA | 344700 | 358964 |
|  | Moura Dubeux Engenharia SA | 178200 | 516845 |
|  | Movida Participacoes SA | 153466 | 191185 |
|  | Multiplan Empreendimentos Imobiliarios SA | 217722 | 987492 |
|  | Natura & Co. Holding SA | 973379 | 1631117 |
| \* | Oceanpact Servicos Maritimos SA | 43800 | 41831 |
|  | Odontoprev SA | 763782 | 1437353 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
| \* | Oncoclinicas do Brasil Servicos Medicos SA | 51800 | $55221 |
| \* | Orizon Valorizacao de Residuos SA | 123107 | 1063790 |
|  | Pet Center Comercio e Participacoes SA | 355129 | 290979 |
|  | Petroreconcavo SA | 90755 | 205333 |
|  | Plano & Plano Desenvolvimento Imobiliario SA | 140177 | 288498 |
|  | Positivo Tecnologia SA | 169280 | 183444 |
| \* | Qualicorp Consultoria e Corretora de Seguros SA | 30300 | 10998 |
|  | Romi SA | 155478 | 250950 |
|  | Santos Brasil Participacoes SA | 1512578 | 3608769 |
|  | Sao Carlos Empreendimentos e Participacoes SA | 41198 | 134080 |
|  | Sao Martinho SA | 579076 | 1990744 |
| # | Sendas Distribuidora SA (ASAI US), ADR | 76584 | 621862 |
|  | Sendas Distribuidora SA (ASAI3 BZ) | 862411 | 1396537 |
| W | Ser Educacional SA | 51610 | 54473 |
| \* | Serena Energia SA | 689242 | 1190201 |
| \* | Simpar SA | 796812 | 752564 |
|  | SLC Agricola SA | 201723 | 703434 |
|  | Smartfit Escola de Ginastica e Danca SA | 571853 | 2463689 |
|  | Tegma Gestao Logistica SA | 116092 | 729468 |
|  | TOTVS SA | 1265958 | 8391910 |
|  | Transmissora Alianca de Energia Eletrica SA | 1007523 | 6376964 |
|  | Tres Tentos Agroindustrial SA | 253677 | 724134 |
|  | Trisul SA | 244166 | 299445 |
|  | Tupy SA | 206772 | 781523 |
|  | Unifique Telecomunicacoes SA | 10800 | 7441 |
| \* | Usinas Siderurgicas de Minas Gerais SA Usiminas | 162960 | 158218 |

---

986

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  | Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA | 105832 | $461546 |
|  | Vamos Locacao de Caminhoes Maquinas e Equipamentos SA | 305400 | 264763 |
|  | Vivara Participacoes SA | 329893 | 1285241 |
|  | Vulcabras SA | 419776 | 1242652 |
|  | Wilson Sons SA | 411084 | 1240825 |
|  | Wiz Co. | 58844 | 61901 |
|  | YDUQS Participacoes SA | 386507 | 973223 |
| \* | Zamp SA | 270368 | 149592 |
| TOTAL BRAZIL | TOTAL BRAZIL |  | 122341028 |
| CANADA — (0.1%) | CANADA — (0.1%) |  |  |
| # | China Gold International Resources Corp. Ltd. (2099 HK) | 743300 | 4691483 |
| CHILE — (0.7%) | CHILE — (0.7%) |  |  |
|  | Aguas Andinas SA, Class A | 4856613 | 1794642 |
|  | Besalco SA | 1017003 | 789423 |
|  | Bicecorp SA | 2234119 | 615811 |
|  | Camanchaca SA | 1471136 | 61913 |
| \* | CAP SA | 148607 | 764309 |
|  | Cia Cervecerias Unidas SA (CCU CI) | 44325 | 340317 |
| # | Cia Cervecerias Unidas SA (CCU US), Sponsored ADR | 17960 | 273351 |
|  | Cia Sud Americana de Vapores SA | 3002854 | 165858 |
|  | Colbun SA | 10468559 | 1636137 |
|  | Cristalerias de Chile SA | 130323 | 403567 |
|  | Embotelladora Andina SA, ADR, Class B | 44966 | 1164619 |
|  | Empresa Nacional de Telecomunicaciones SA | 450193 | 1302716 |
|  | Empresas Lipigas SA | 6383 | 30058 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHILE — (Continued) | CHILE — (Continued) |  |  |
|  | Engie Energia Chile SA | 875304 | $1036251 |
|  | Forus SA | 148926 | 357590 |
|  | Inversiones Aguas Metropolitanas SA | 797059 | 723918 |
|  | Inversiones La Construccion SA | 68277 | 794038 |
|  | Multiexport Foods SA | 1780116 | 476100 |
|  | Parque Arauco SA | 1595320 | 3672863 |
|  | PAZ Corp. SA | 881968 | 489004 |
| \* | Ripley Corp. SA | 1635621 | 756239 |
|  | Salfacorp SA | 949933 | 678173 |
|  | Sigdo Koppers SA | 874972 | 1024307 |
|  | SMU SA | 4959905 | 971668 |
|  | Sociedad Matriz SAAM SA | 31684439 | 3981928 |
|  | SONDA SA | 918433 | 371063 |
|  | Vina Concha y Toro SA | 899112 | 1114763 |
| TOTAL CHILE | TOTAL CHILE |  | 25790626 |
| CHINA — (18.5%) | CHINA — (18.5%) |  |  |
|  | 361 Degrees International Ltd. | 3755000 | 2062130 |
| W | 3SBio, Inc. | 5441000 | 8389353 |
| \* | 5I5J Holding Group Co. Ltd., Class A | 530900 | 231349 |
|  | AAC Technologies Holdings, Inc. | 1938500 | 9279520 |
| \* | Adicon Holdings Ltd. | 15500 | 14256 |
|  | Advanced Fiber Resources Zhuhai Ltd., Class A | 17000 | 94940 |
| \* | AECC Aero Science & Technology Co. Ltd., Class A | 81900 | 277176 |
| \* | Aerospace Hi-Tech Holdings Group Ltd., Class A | 96600 | 136173 |
| #\* | Agora, Inc., ADR | 65473 | 214751 |
|  | Ajisen China Holdings Ltd. | 121000 | 11970 |
| W | AK Medical Holdings Ltd. | 592000 | 430771 |
| \*W | Akeso, Inc. | 629000 | 6974681 |
| \* | Alibaba Pictures Group Ltd. | 29720000 | 1941204 |
| #W | A-Living Smart City Services Co. Ltd. | 445000 | 172436 |
|  | Allmed Medical Products Co. Ltd., Class A | 120500 | 133431 |

---

987

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
| \*W | Alphamab Oncology | 77000 | $63895 |
|  | Amoy Diagnostics Co. Ltd., Class A | 26069 | 74566 |
| \* | ANE Cayman, Inc. | 1680500 | 1786410 |
| \* | Angang Steel Co. Ltd., Class H | 4072999 | 770647 |
| #W | Angelalign Technology, Inc. | 41200 | 257485 |
|  | Anhui Anfu Battery Technology Co. Ltd., Class A | 30700 | 111716 |
|  | Anhui Construction Engineering Group Co. Ltd., Class A | 666590 | 422463 |
|  | Anhui Expressway Co. Ltd., Class H | 1738000 | 2626772 |
| \* | Anhui Golden Seed Winery Co. Ltd., Class A | 118500 | 160999 |
|  | Anhui Guangxin Agrochemical Co. Ltd., Class A | 120900 | 179719 |
|  | Anhui Huilong Agricultural Means of Production Co. Ltd., Class A | 84200 | 62215 |
|  | Anhui Sierte Fertilizer Industry Ltd. Co., Class A | 19000 | 13382 |
| \* | Anhui Tatfook Technology Co. Ltd., Class A | 170000 | 261902 |
|  | Anhui Transport Consulting & Design Institute Co. Ltd., Class A | 126520 | 144360 |
|  | Anton Oilfield Services Group | 5944000 | 734506 |
|  | Aoshikang Technology Co. Ltd., Class A | 69350 | 237657 |
|  | Aotecar New Energy Technology Co. Ltd., Class A | 809100 | 317662 |
| \* | Aowei Holdings Ltd. | 1451000 | 83687 |
|  | ApicHope Pharmaceutical Group Co. Ltd. | 79970 | 439075 |
|  | Appotronics Corp. Ltd., Class A | 82458 | 160074 |
|  | APT Satellite Holdings Ltd. | 688000 | 170276 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Asia Cement China Holdings Corp. | 1480000 | $432225 |
| #W | AsiaInfo Technologies Ltd. | 684800 | 826132 |
|  | Asian Star Anchor Chain Co. Ltd. Jiangsu, Class A | 178300 | 211496 |
|  | Aurisco Pharmaceutical Co. Ltd., Class A | 6600 | 18898 |
|  | AviChina Industry & Technology Co. Ltd., Class H | 6986000 | 3214817 |
| W | BAIC Motor Corp. Ltd., Class H | 1349000 | 331612 |
| #\*W | Bairong, Inc. | 611500 | 613478 |
|  | Bank of Chongqing Co. Ltd., Class H | 1872000 | 1822627 |
| W | Bank of Qingdao Co. Ltd., Class H | 1418500 | 673601 |
| \*W | Bank of Zhengzhou Co. Ltd., Class H | 284910 | 33790 |
| \* | Baosheng Science & Technology Innovation Co. Ltd., Class A | 155002 | 95428 |
|  | Baowu Magnesium Technology Co. Ltd., Class A | 230860 | 379780 |
|  | Baoxiniao Holding Co. Ltd., Class A | 259800 | 136653 |
| \* | Baoye Group Co. Ltd., Class H | 1132000 | 652297 |
| \* | Baozun, Inc. (BZUN US), Sponsored ADR | 21218 | 55379 |
|  | BBMG Corp., Class H | 1167000 | 105362 |
| \* | Be Friends Holding Ltd. | 134000 | 14075 |
|  | Bear Electric Appliance Co. Ltd., Class A | 34647 | 215823 |
|  | Befar Group Co. Ltd., Class A | 395200 | 222358 |
|  | Beijing Aerospace Shenzhou Intelligent Equipment Technology Co. Ltd., Class A | 135700 | 226421 |

---

988

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Beijing Bei Mo Gao Ke Friction Material Co. Ltd., Class A | 28020 | $101287 |
| \* | Beijing Capital Development Co. Ltd., Class A | 154676 | 50493 |
| \* | Beijing Capital International Airport Co. Ltd., Class H | 932000 | 335978 |
| # | Beijing Chunlizhengda Medical Instruments Co. Ltd., Class H | 193750 | 232766 |
|  | Beijing CTJ Information Technology Co. Ltd., Class A | 67000 | 213963 |
| \* | Beijing Cuiwei Tower Co. Ltd., Class A | 134300 | 156220 |
|  | Beijing Energy International Holding Co. Ltd. | 1112000 | 144868 |
|  | Beijing Enterprises Water Group Ltd. | 11282000 | 3563422 |
|  | Beijing Gehua CATV Network Co. Ltd., Class A | 199700 | 198066 |
|  | Beijing GeoEnviron Engineering & Technology, Inc., Class A | 312668 | 232927 |
| \* | Beijing Haixin Energy Technology Co. Ltd., Class A | 107800 | 43179 |
|  | Beijing Jingneng Clean Energy Co. Ltd., Class H | 4406000 | 1356591 |
| \* | Beijing Leike Defense Technology Co. Ltd., Class A | 274507 | 162840 |
|  | Beijing North Star Co. Ltd., Class H | 1264000 | 112342 |
| \* | Beijing Philisense Technology Co. Ltd., Class A | 350900 | 252614 |
|  | Beijing Relpow Technology Co. Ltd., Class A | 80941 | 156514 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Beijing Sanlian Hope Shin-Gosen Technical Service Co. Ltd., Class A | 22200 | $52611 |
|  | Beijing Sanyuan Foods Co. Ltd., Class A | 283604 | 170364 |
|  | Beijing SPC Environment Protection Tech Co. Ltd., Class A | 251200 | 122320 |
|  | Beijing Strong Biotechnologies, Inc., Class A | 122700 | 236374 |
|  | Beijing SuperMap Software Co. Ltd., Class A | 88400 | 169458 |
| \* | Beijing Teamsun Technology Co. Ltd., Class A | 66900 | 83803 |
| \* | Beijing Thunisoft Corp. Ltd., Class A | 109900 | 121310 |
| \* | Beijing Tongtech Co. Ltd., Class A | 99000 | 56705 |
| W | Beijing Urban Construction Design & Development Group Co. Ltd., Class H | 142000 | 25184 |
| \* | Beijing VRV Software Corp. Ltd., Class A | 159300 | 102156 |
| \* | Beijing Watertek Information Technology Co. Ltd., Class A | 246700 | 124723 |
|  | Beijing Yuanliu Hongyuan Electronic Technology Co. Ltd., Class A | 37300 | 268470 |
|  | Bestore Co. Ltd., Class A | 34700 | 56342 |
| \* | Bestway Marine & Energy Technology Co. Ltd., Class A | 332400 | 270325 |
|  | Beyondsoft Corp., Class A | 16700 | 30280 |

---

989

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Biem.L.Fdlkk Garment Co. Ltd., Class A | 25700 | $58433 |
| #\* | Bilibili, Inc., ADR | 34029 | 595508 |
| \* | Billion Industrial Holdings Ltd. | 44000 | 26188 |
|  | Binjiang Service Group Co. Ltd. | 192000 | 663306 |
|  | Black Peony Group Co. Ltd., Class A | 232749 | 167246 |
| #W | Blue Moon Group Holdings Ltd. | 2071000 | 1018772 |
| \* | Blue Sail Medical Co. Ltd., Class A | 63800 | 44331 |
|  | BOE Varitronix Ltd. | 261000 | 183421 |
|  | Bomin Electronics Co. Ltd., Class A | 104700 | 108070 |
|  | Bosideng International Holdings Ltd. | 10770000 | 5572939 |
|  | BOTH Engineering Technology Co. Ltd., Class A | 13800 | 20254 |
| # | Boyaa Interactive International Ltd. | 585000 | 341754 |
| # | Brilliance China Automotive Holdings Ltd. | 2762000 | 977610 |
|  | Bros Eastern Co. Ltd., Class A | 228372 | 155938 |
|  | B-Soft Co. Ltd., Class A | 239648 | 187958 |
| \* | C C Land Holdings Ltd. | 9125015 | 1518858 |
|  | C&D International Investment Group Ltd. | 1982315 | 4145856 |
|  | C&D Property Management Group Co. Ltd. | 541000 | 176587 |
|  | C&S Paper Co. Ltd., Class A | 252900 | 229849 |
| \*W | CALB Group Co. Ltd. | 74900 | 158524 |
|  | Camel Group Co. Ltd., Class A | 5935 | 6862 |
|  | Cangzhou Mingzhu Plastic Co. Ltd., Class A | 377100 | 179314 |
|  | Canny Elevator Co. Ltd., Class A | 84800 | 84607 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Canvest Environmental Protection Group Co. Ltd. | 2476000 | $1518330 |
|  | CCS Supply Chain Management Co. Ltd., Class A | 113600 | 66739 |
| \*†† | Central China Management Co. Ltd. | 1270626 | 3277 |
|  | Central China Securities Co. Ltd., Class H | 2947000 | 542530 |
| # | CGN Mining Co. Ltd. | 2240000 | 415308 |
| # | CGN New Energy Holdings Co. Ltd. | 4990000 | 1466569 |
| \* | CGN Nuclear Technology Development Co. Ltd., Class A | 226800 | 218419 |
|  | Changchun Faway Automobile Components Co. Ltd., Class A | 168330 | 218203 |
|  | Changchun UP Optotech Co. Ltd., Class A | 43600 | 227549 |
|  | Changhong Meiling Co. Ltd., Class A | 160000 | 165227 |
|  | Changjiang & Jinggong Steel Building Group Co. Ltd., Class A | 382200 | 167433 |
| \* | ChangYuan Technology Group Ltd., Class A | 222800 | 105857 |
|  | Changzheng Engineering Technology Co. Ltd., Class A | 8400 | 19387 |
|  | Changzhou Qianhong Biopharma Co. Ltd., Class A | 216600 | 181378 |
|  | Chaoju Eye Care Holdings Ltd. | 134500 | 46375 |
|  | Chaowei Power Holdings Ltd. | 965000 | 165277 |
| \* | Chen Lin Education Group Holdings Ltd. | 416000 | 73281 |
|  | Cheng De Lolo Co. Ltd., Class A | 108650 | 140172 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Chengdu Galaxy Magnets Co. Ltd., Class A | 35200 | $118952 |
|  | Chengdu Guibao Science & Technology Co. Ltd., Class A | 25800 | 65278 |
|  | Chengdu Guoguang Electric Co. Ltd., Class A | 17638 | 203463 |
|  | Chengdu Hongqi Chain Co. Ltd., Class A | 278200 | 217908 |
|  | Chengdu Kanghua Biological Products Co. Ltd., Class A | 29300 | 203315 |
|  | Chengdu Leejun Industrial Co. Ltd., Class A | 144300 | 129769 |
|  | Chengdu Spaceon Electronics Co. Ltd., Class A | 81100 | 148590 |
|  | Chengdu Wintrue Holding Co. Ltd., Class A | 83200 | 95327 |
|  | Chenguang Biotech Group Co. Ltd., Class A | 95000 | 141060 |
|  | Chengzhi Co. Ltd., Class A | 232800 | 242148 |
|  | China Aircraft Leasing Group Holdings Ltd. | 434000 | 229998 |
|  | China Animal Husbandry Industry Co. Ltd., Class A | 198000 | 181886 |
|  | China BlueChemical Ltd., Class H | 4448000 | 1082956 |
| \*W | China Bohai Bank Co. Ltd., Class H | 3577500 | 420011 |
| # | China Chunlai Education Group Co. Ltd. | 486000 | 263592 |
| # | China Cinda Asset Management Co. Ltd., Class H | 26669000 | 3401962 |
|  | China Communications Services Corp. Ltd., Class H | 7274000 | 3788300 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | China Conch Environment Protection Holdings Ltd. | 863000 | $59651 |
|  | China Conch Venture Holdings Ltd. | 1627000 | 1669903 |
|  | China CYTS Tours Holding Co. Ltd., Class A | 140200 | 187643 |
| # | China Datang Corp. Renewable Power Co. Ltd., Class H | 8310000 | 2322197 |
|  | China Design Group Co. Ltd., Class A | 143800 | 147977 |
| W | China Development Bank Financial Leasing Co. Ltd., Class H | 2680000 | 410748 |
|  | China Dongxiang Group Co. Ltd. | 2624985 | 133832 |
| #W | China East Education Holdings Ltd. | 439500 | 332808 |
|  | China Education Group Holdings Ltd. | 141158 | 44351 |
|  | China Electronics Huada Technology Co. Ltd. | 2412000 | 431750 |
|  | China Electronics Optics Valley Union Holding Co. Ltd. | 6472000 | 163502 |
| \* | China Express Airlines Co. Ltd., Class A | 61200 | 61446 |
| W | China Feihe Ltd. | 10611000 | 8018685 |
|  | China Foods Ltd. | 2532000 | 1011879 |
|  | China Gas Holdings Ltd. | 7622944 | 6892156 |
| \* | China Glass Holdings Ltd. | 858000 | 26294 |
|  | China Hanking Holdings Ltd. | 1784000 | 252065 |
| \* | China High Speed Railway Technology Co. Ltd., Class A | 655400 | 243275 |
|  | China International Marine Containers Group Co. Ltd., Class H | 3078780 | 1934079 |
|  | China Leadshine Technology Co. Ltd., Class A | 25300 | 166113 |

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**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | China Lesso Group Holdings Ltd. | 3119000 | $1660508 |
|  | China Lilang Ltd. | 1149000 | 553185 |
| \*W | China Literature Ltd. | 1077000 | 3739838 |
| \* | China Longevity Group Co. Ltd. | 1076350 | 1388 |
|  | China Medical System Holdings Ltd. | 3766500 | 4020137 |
| # | China Meidong Auto Holdings Ltd. | 632000 | 169206 |
| #\*†† | China Metal Recycling Holdings Ltd. | 2401686 | 0 |
| # | China Modern Dairy Holdings Ltd. | 5092000 | 669369 |
|  | China National Building Material Co. Ltd., Class H | 6750057 | 3273074 |
| W | China New Higher Education Group Ltd. | 1651504 | 178993 |
| \* | China Nonferrous Metal Industry's Foreign Engineering & Construction Co. Ltd., Class A | 175400 | 111723 |
| \* | China Oil & Gas Group Ltd. | 11438000 | 201301 |
|  | China Oilfield Services Ltd., Class H | 2646000 | 2069200 |
|  | China Overseas Property Holdings Ltd. | 4650000 | 3229422 |
| # | China Qinfa Group Ltd. | 690000 | 96878 |
| W | China Railway Signal & Communication Corp. Ltd., Class H | 1866000 | 750413 |
|  | China Railway Tielong Container Logistics Co. Ltd., Class A | 249800 | 193449 |
| \* | China Rare Earth Holdings Ltd. | 3990799 | 197880 |
|  | China Reinsurance Group Corp., Class H | 17807000 | 2065025 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | China Resource & Environment Co. Ltd., Class A | 319400 | $194631 |
|  | China Resources Building Materials Technology Holdings Ltd. | 266000 | 56121 |
|  | China Resources Gas Group Ltd. | 242100 | 676282 |
| # | China Resources Medical Holdings Co. Ltd. | 2366000 | 1113835 |
| # | China Risun Group Ltd. | 2608000 | 842601 |
| #\* | China Ruyi Holdings Ltd. | 20072000 | 5275303 |
| \* | China Sanjiang Fine Chemicals Co. Ltd. | 1803000 | 415501 |
| W | China Shengmu Organic Milk Ltd. | 1783000 | 40195 |
|  | China Shineway Pharmaceutical Group Ltd. | 842200 | 785994 |
|  | China State Construction Development Holdings Ltd. | 842000 | 177952 |
|  | China State Construction International Holdings Ltd. | 3122000 | 4601905 |
| \* | China Sunshine Paper Holdings Co. Ltd. | 1736000 | 438780 |
| # | China Suntien Green Energy Corp. Ltd., Class H | 6264000 | 3348061 |
|  | China Testing & Certification International Group Co. Ltd., Class A | 167992 | 142938 |
| \* | China Union Holdings Ltd., Class A | 91930 | 46076 |
| # | China Water Affairs Group Ltd. | 3782000 | 2911824 |
|  | China West Construction Group Co. Ltd., Class A | 173000 | 135447 |

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**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
| # | China Yongda Automobiles Services Holdings Ltd. | 982000 | $313069 |
| #\*W | China Youran Dairy Group Ltd. | 4116000 | 1255091 |
| \*W | China Yuhua Education Corp. Ltd. | 1970000 | 76162 |
|  | Chinasoft International Ltd. | 9242000 | 5890499 |
|  | Chongqing Chuanyi Automation Co. Ltd., Class A | 59400 | 166915 |
|  | Chongqing Machinery & Electric Co. Ltd., Class H | 2834000 | 337832 |
|  | Chongqing Port Co. Ltd., Class A | 47800 | 34955 |
|  | Chongqing Road & Bridge Co. Ltd., Class A | 200700 | 146360 |
|  | Chongqing Rural Commercial Bank Co. Ltd., Class H | 3860000 | 2963491 |
|  | Chongyi Zhangyuan Tungsten Industry Co. Ltd., Class A | 271710 | 249013 |
|  | CIG Shanghai Co. Ltd., Class A | 55300 | 258635 |
|  | CIMC Enric Holdings Ltd. | 2856000 | 2239804 |
|  | Cisen Pharmaceutical Co. Ltd., Class A | 83100 | 153682 |
|  | CITIC Resources Holdings Ltd. | 4730600 | 216356 |
|  | City Development Environment Co. Ltd., Class A | 147700 | 273677 |
| #\* | Citychamp Watch & Jewellery Group Ltd. | 3608000 | 213553 |
| \* | ClouDr Group Ltd. | 652000 | 91131 |
| \* | CMGE Technology Group Ltd. | 1630000 | 70183 |
| \* | CNFinance Holdings Ltd., ADR | 21500 | 16314 |
| \* | COFCO Biotechnology Co. Ltd., Class A | 86700 | 65289 |
| #\* | COFCO Joycome Foods Ltd. | 7782000 | 1462688 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Cofoe Medical Technology Co. Ltd., Class A | 38920 | $179451 |
| \* | Comba Telecom Systems Holdings Ltd. | 2590001 | 489116 |
|  | Concord New Energy Group Ltd. | 25104964 | 1520431 |
|  | Consun Pharmaceutical Group Ltd. | 2208000 | 2629568 |
|  | Contec Medical Systems Co. Ltd., Class A | 9300 | 17421 |
|  | Continental Aerospace Technologies Holding Ltd. | 1889722 | 26394 |
|  | COSCO SHIPPING Development Co. Ltd., Class H | 10911000 | 1235590 |
| # | COSCO SHIPPING Energy Transportation Co. Ltd., Class H | 2226000 | 1765521 |
|  | COSCO SHIPPING International Hong Kong Co. Ltd. | 3373000 | 2045169 |
|  | COSCO SHIPPING Ports Ltd. | 3718682 | 1924875 |
|  | COSCO SHIPPING Technology Co. Ltd., Class A | 60700 | 118482 |
|  | Cosonic Intelligent Technologies Co. Ltd., Class A | 21400 | 45781 |
|  | CQ Pharmaceutical Holding Co. Ltd., Class A | 375000 | 250554 |
|  | Crystal Clear Electronic Material Co. Ltd., Class A | 206800 | 245861 |
|  | CTS International Logistics Corp. Ltd., Class A | 261220 | 220569 |
|  | Cybrid Technologies, Inc., Class A | 24200 | 30890 |
|  | Daan Gene Co. Ltd., Class A | 294060 | 227954 |
| \* | Dada Nexus Ltd., ADR | 43480 | 83047 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Dalian Huarui Heavy Industry Group Co. Ltd., Class A | 405200 | $334545 |
| # | Dalipal Holdings Ltd. | 1198000 | 1276206 |
|  | Dashang Co. Ltd., Class A | 55740 | 192190 |
| # | Datang International Power Generation Co. Ltd., Class H | 8940000 | 2130214 |
| \* | Datang Telecom Technology Co. Ltd., Class A | 250500 | 270559 |
|  | Dawnrays Pharmaceutical Holdings Ltd. | 2567886 | 383337 |
|  | DeHua TB New Decoration Materials Co. Ltd., Class A | 193916 | 275384 |
| \* | Dezhan Healthcare Co. Ltd., Class A | 421300 | 172376 |
|  | Dian Diagnostics Group Co. Ltd., Class A | 12459 | 24055 |
| # | Digital China Holdings Ltd. | 1497500 | 475040 |
|  | Dirui Industrial Co. Ltd., Class A | 20300 | 36337 |
|  | Dongfang Electric Corp. Ltd., Class H | 737800 | 1007049 |
| # | Dongfeng Motor Group Co. Ltd., Class H | 5454000 | 3018749 |
|  | Dongguan Aohai Technology Co. Ltd., Class A | 56200 | 287561 |
|  | Dongguan Dingtong Precision Metal Co. Ltd., Class A | 23892 | 154156 |
|  | Donghua Testing Technology Co. Ltd., Class A | 3300 | 18689 |
| # | Dongyue Group Ltd. | 4984000 | 5881760 |
| # | DouYu International Holdings Ltd., ADR | 13568 | 101079 |
| \* | DPC Dash Ltd. | 49400 | 629279 |
|  | Dynagreen Environmental Protection Group Co. Ltd., Class H | 822000 | 462817 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Eaglerise Electric & Electronic China Co. Ltd., Class A | 74400 | $157443 |
|  | Eastcompeace Technology Co. Ltd., Class A | 96200 | 129608 |
| # | E-Commodities Holdings Ltd. | 3430000 | 362326 |
|  | Edan Instruments, Inc., Class A | 122300 | 196519 |
|  | Edvantage Group Holdings Ltd. | 627516 | 113321 |
|  | EEKA Fashion Holdings Ltd. | 652000 | 626362 |
| \* | EFORT Intelligent Robot Co. Ltd. | 19973 | 66344 |
| \*†† | Elion Energy Co. Ltd., Class A | 780761 | 31175 |
|  | EmbedWay Technologies Shanghai Corp., Class A | 63000 | 220478 |
|  | ENN Energy Holdings Ltd. | 264000 | 2084116 |
|  | Era Co. Ltd., Class A | 257400 | 141114 |
|  | Essex Bio-technology Ltd. | 720000 | 417855 |
|  | EVA Precision Industrial Holdings Ltd. | 2956435 | 287115 |
|  | Ever Sunshine Services Group Ltd. | 170000 | 41455 |
|  | Excellence Commercial Property & Facilities Management Group Ltd. | 59000 | 10183 |
|  | Fangda Special Steel Technology Co. Ltd., Class A | 254100 | 155644 |
|  | Far East Smarter Energy Co. Ltd., Class A | 84000 | 55523 |
|  | FAWER Automotive Parts Co. Ltd., Class A | 361400 | 292094 |
|  | Feilong Auto Components Co. Ltd., Class A | 105300 | 220531 |
| #\* | FIH Mobile Ltd. | 9057000 | 876374 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | FinVolution Group, ADR | 308854 | $2443035 |
| # | First Tractor Co. Ltd., Class H | 1125176 | 879189 |
|  | Flat Glass Group Co. Ltd., Class H | 689000 | 778646 |
|  | Focus Lightings Tech Co. Ltd., Class A | 124800 | 194945 |
| \* | Focused Photonics Hangzhou, Inc., Class A | 72100 | 206182 |
|  | Focuslight Technologies, Inc., Class A | 14686 | 131311 |
|  | Foshan Electrical & Lighting Co. Ltd., Class A | 223300 | 185982 |
|  | Foshan Nationstar Optoelectronics Co. Ltd., Class A | 63500 | 74754 |
| \* | Foshan Yowant Technology Co. Ltd., Class A | 40200 | 32266 |
| # | Fu Shou Yuan International Group Ltd. | 3889000 | 1762637 |
|  | Fufeng Group Ltd. | 6291600 | 5256300 |
|  | Fujian Apex Software Co. Ltd., Class A | 35100 | 204303 |
|  | Fujian Tianma Science & Technology Group Co. Ltd., Class A | 60200 | 107710 |
|  | Fujian Yuanli Active Carbon Co. Ltd., Class A | 44900 | 89613 |
| \* | Fullshare Holdings Ltd. | 66000 | 4077 |
| \* | Gansu Jiu Steel Group Hongxing Iron & Steel Co. Ltd., Class A | 835000 | 157552 |
|  | Gansu Shangfeng Cement Co. Ltd., Class A | 26361 | 31886 |
|  | Gansu Yasheng Industrial Group Co. Ltd., Class A | 177200 | 69096 |
| #\* | GDS Holdings Ltd. (9698 HK), Class A | 2902700 | 9207675 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
| # | Gemdale Properties & Investment Corp. Ltd. | 13544000 | $424964 |
| #\* | Genscript Biotech Corp. | 1960000 | 2752914 |
|  | Getein Biotech, Inc., Class A | 48096 | 52583 |
| W | Giant Biogene Holding Co. Ltd. | 124200 | 1283210 |
| #\* | Global New Material International Holdings Ltd. | 868000 | 429517 |
| W | Golden Throat Holdings Group Co. Ltd. | 863500 | 476077 |
|  | Goldenmax International Group Ltd., Class A | 66500 | 74068 |
|  | Goldwind Science & Technology Co. Ltd., Class H | 2136000 | 1471830 |
| \* | Goodbaby International Holdings Ltd. | 582000 | 83236 |
|  | Grand Pharmaceutical Group Ltd. | 3333000 | 2554026 |
| \* | Greatoo Intelligent Equipment, Inc., Class A | 379400 | 451233 |
|  | Greentown China Holdings Ltd. | 3298648 | 4209348 |
| #W | Greentown Management Holdings Co. Ltd. | 487000 | 166925 |
|  | Greentown Service Group Co. Ltd. | 4020000 | 2291723 |
|  | GRG Metrology & Test Group Co. Ltd., Class A | 45400 | 108134 |
|  | Guangdong Baolihua New Energy Stock Co. Ltd., Class A | 71100 | 41003 |
|  | Guangdong DFP New Material Group Co. Ltd. | 262400 | 144345 |
|  | Guangdong Dongpeng Holdings Co. Ltd., Class A | 217400 | 185900 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Guangdong Ellington Electronics Technology Co. Ltd., Class A | 194500 | $233284 |
|  | Guangdong Goworld Co. Ltd., Class A | 8300 | 11255 |
|  | Guangdong Great River Smarter Logistics Co. Ltd., Class A | 55500 | 69532 |
| \* | Guangdong Guanhao High-Tech Co. Ltd., Class A | 219300 | 90938 |
|  | Guangdong Hongtu Technology Holdings Co. Ltd., Class A | 108900 | 175846 |
|  | Guangdong Huate Gas Co. Ltd., Class A | 19861 | 142783 |
|  | Guangdong Jia Yuan Technology Shares Co. Ltd., Class A | 12496 | 32382 |
|  | Guangdong Kinlong Hardware Products Co. Ltd., Class A | 8600 | 26848 |
|  | Guangdong Lingxiao Pump Industry Co. Ltd., Class A | 23600 | 51261 |
| \* | Guangdong Shenglu Telecommunication Tech Co. Ltd., Class A | 168400 | 148507 |
|  | Guangdong Sirio Pharma Co. Ltd., Class A | 24570 | 84838 |
|  | Guangdong South New Media Co. Ltd., Class A | 47500 | 254833 |
|  | Guangdong Tapai Group Co. Ltd., Class A | 198600 | 202459 |
|  | Guangdong Vanward New Electric Co. Ltd., Class A | 135400 | 209249 |
| \* | Guangdong Zhongnan Iron & Steel Co. Ltd., Class A | 507500 | 171251 |
| \* | Guanghui Logistics Co. Ltd., Class A | 67000 | 67015 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Guangshen Railway Co. Ltd., Class H | 4082000 | $894423 |
|  | Guangxi LiuYao Group Co. Ltd., Class A | 78280 | 182378 |
|  | Guangxi Wuzhou Zhongheng Group Co. Ltd., Class A | 669900 | 224139 |
| # | Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class H | 534000 | 1166046 |
|  | Guangzhou Haoyang Electronic Co. Ltd., Class A | 20150 | 90981 |
|  | Guangzhou KDT Machinery Co. Ltd., Class A | 76498 | 179619 |
| \* | Guangzhou Lingnan Group Holdings Co. Ltd., Class A | 120500 | 198650 |
|  | Guangzhou Restaurant Group Co. Ltd., Class A | 68700 | 146704 |
|  | Guangzhou Sie Consulting Co. Ltd., Class A | 77200 | 343505 |
|  | Guilin Layn Natural Ingredients Corp., Class A | 130630 | 131541 |
|  | Guilin Sanjin Pharmaceutical Co. Ltd., Class A | 95800 | 180229 |
|  | Guizhou Gas Group Corp. Ltd., Class A | 140928 | 132173 |
|  | Guizhou Qianyuan Power Co. Ltd., Class A | 69900 | 150325 |
|  | Guizhou Sanli Pharmaceutical Co. Ltd., Class A | 53100 | 86691 |
|  | Guizhou Tyre Co. Ltd., Class A | 306100 | 183875 |
|  | Guizhou Xinbang Pharmaceutical Co. Ltd., Class A | 401700 | 188985 |
|  | Guizhou Zhenhua E-chem, Inc., Class A | 28314 | 44499 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
| \* | Guoguang Electric Co. Ltd., Class A | 108600 | $213300 |
| # | Guolian Minsheng Securities Co. Ltd., Class H | 835500 | 381004 |
|  | Guomai Technologies, Inc., Class A | 172600 | 262586 |
|  | Guoquan Food Shanghai Co. Ltd. | 266000 | 88717 |
| # | Gushengtang Holdings Ltd. | 466700 | 1876541 |
| #\*W | Haichang Ocean Park Holdings Ltd. | 6456000 | 557124 |
|  | Hailir Pesticides & Chemicals Group Co. Ltd., Class A | 29820 | 52962 |
| \* | Haima Automobile Co. Ltd., Class A | 272500 | 142639 |
| \* | Hainan Haiqi Transportation Group Co. Ltd., Class A | 58100 | 143793 |
| #\* | Hainan Meilan International Airport Co. Ltd., Class H | 640000 | 791260 |
|  | Haitian International Holdings Ltd. | 2453000 | 5682256 |
| W | Haitong UniTrust International Leasing Co. Ltd., Class H | 3330000 | 350954 |
|  | Hangxiao Steel Structure Co. Ltd., Class A | 478008 | 165524 |
|  | Hangzhou Electronic Soul Network Technology Co. Ltd., Class A | 50800 | 144796 |
|  | Hangzhou Haoyue Personal Care Co. Ltd., Class A | 29539 | 238109 |
|  | Hangzhou Huawang New Material Technology Co. Ltd., Class A | 101500 | 153575 |
|  | Hangzhou Onechance Tech Corp., Class A | 55570 | 183272 |
| \*W | Hangzhou SF Intra-City Industrial Co. Ltd., Class H | 156200 | 159449 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Hangzhou Sunrise Technology Co. Ltd., Class A | 101300 | $221269 |
| #W | Hangzhou Tigermed Consulting Co. Ltd. (3347 HK), Class H | 351800 | 1206288 |
| \*W | Harbin Bank Co. Ltd., Class H | 478000 | 17893 |
|  | Harbin Electric Co. Ltd., Class H | 2013413 | 1241055 |
|  | Harbin Electric Corp. Jiamusi Electric Machine Co. Ltd., Class A | 83900 | 117842 |
| \* | Harbin Gloria Pharmaceuticals Co. Ltd., Class A | 65000 | 22024 |
| \* | Harbin Pharmaceutical Group Co. Ltd., Class A | 511600 | 253565 |
|  | HBIS Resources Co. Ltd., Class A | 82100 | 146624 |
| \*W | HBM Holdings Ltd. | 1203000 | 1327296 |
|  | Health & Happiness H&H International Holdings Ltd. | 320000 | 364311 |
|  | Hefei Jianghang Aircraft Equipment Co. Ltd., Class A | 145755 | 190934 |
|  | Hefei Urban Construction Development Co. Ltd., Class A | 189100 | 166215 |
|  | Helens International Holdings Co. Ltd. | 301500 | 64251 |
|  | Hello Group, Inc., Sponsored ADR | 185919 | 1061598 |
|  | Henan Liliang Diamond Co. Ltd., Class A | 49200 | 185670 |
|  | Henan Thinker Automatic Equipment Co. Ltd., Class A | 67900 | 241327 |
| \* | Henan Yicheng New Energy Co. Ltd., Class A | 382000 | 186971 |
|  | Henan Yuguang Gold & Lead Co. Ltd., Class A | 226100 | 215014 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
| \* | Henan Yuneng Holdings Co. Ltd., Class A | 203900 | $118199 |
|  | Hengan International Group Co. Ltd. | 1031500 | 2780992 |
|  | Hengbao Co. Ltd., Class A | 21900 | 23779 |
| \* | Hengdeli Holdings Ltd. | 6159024 | 76312 |
|  | HG Technologies Co. Ltd., Class A | 16250 | 35080 |
| \* | Hi Sun Technology China Ltd. | 1737000 | 69396 |
| # | Hisense Home Appliances Group Co. Ltd., Class H | 1365000 | 4139505 |
|  | Hitevision Co. Ltd., Class A | 39400 | 129412 |
| \* | HNA Technology Co. Ltd., Class A | 393400 | 151573 |
|  | Hongli Zhihui Group Co. Ltd., Class A | 79400 | 67764 |
| \* | Hongmian Zhihui Science & Technology Innovation Co. Ltd. Guangzhou | 244880 | 106961 |
| #\* | Hopson Development Holdings Ltd. | 4531026 | 1696159 |
|  | Horizon Construction Development Ltd. | 1457591 | 208080 |
| \* | Huachangda Intelligent Equipment Group Co. Ltd., Class A | 91100 | 65207 |
|  | Huadian Heavy Industries Co. Ltd., Class A | 189000 | 156255 |
|  | Huadian Power International Corp. Ltd., Class H | 3826000 | 2142616 |
|  | Huafu Fashion Co. Ltd., Class A | 362752 | 309469 |
|  | Huakai Yibai Technology Co. Ltd., Class A | 23900 | 36490 |
|  | Huangshan Novel Co. Ltd., Class A | 101840 | 149941 |
|  | Huangshan Tourism Development Co. Ltd., Class A | 89300 | 145704 |
| \* | Huanxi Media Group Ltd. | 940000 | 44697 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Huapont Life Sciences Co. Ltd., Class A | 185400 | $103687 |
|  | Huaxin Cement Co. Ltd. (6655 HK), Class H | 643900 | 749160 |
|  | Hubei Chutian Smart Communication Co. Ltd., Class A | 303300 | 184861 |
|  | Hubei Huitian New Materials Co. Ltd., Class A | 18600 | 21623 |
|  | Hubei Zhenhua Chemical Co. Ltd., Class A | 98700 | 304034 |
| \* | Huizhou CEE Technology, Inc., Class A | 18600 | 19486 |
|  | Hunan Aihua Group Co. Ltd., Class A | 41187 | 85692 |
|  | Hunan Corun New Energy Co. Ltd., Class A | 142100 | 92474 |
| \* | Hunan Er-Kang Pharmaceutical Co. Ltd., Class A | 432800 | 170757 |
| \* | Hunan Kaimeite Gases Co. Ltd., Class A | 21400 | 24618 |
| \* | Hunan Silver Co. Ltd., Class A | 372800 | 181598 |
|  | Hunan TV & Broadcast Intermediary Co. Ltd., Class A | 342000 | 339878 |
|  | Hunan Zhongke Electric Co. Ltd., Class A | 153100 | 318749 |
|  | HUYA, Inc., ADR | 119506 | 449343 |
| \*W | Hygeia Healthcare Holdings Co. Ltd. | 17800 | 32096 |
|  | Hymson Laser Technology Group Co. Ltd., Class A | 45909 | 171091 |
| \* | HyUnion Holding Co. Ltd., Class A | 244800 | 234550 |
| \* | IAT Automobile Technology Co. Ltd., Class A | 63300 | 86993 |
| \*W | IMAX China Holding, Inc. | 265000 | 220762 |
| \* | Infotmic Co. Ltd., Class A | 31200 | 28287 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Inkeverse Group Ltd. | 997000 | $187135 |
| \* | INKON Life Technology Co. Ltd., Class A | 109700 | 141752 |
|  | Inmyshow Digital Technology Group Co. Ltd., Class A | 341900 | 224965 |
| \*W | InnoCare Pharma Ltd. | 777000 | 1015220 |
|  | Insigma Technology Co. Ltd., Class A | 171400 | 248730 |
|  | Inspur Digital Enterprise Technology Ltd. | 1410000 | 1423863 |
| #\* | iQIYI, Inc., ADR | 241116 | 443653 |
|  | IReader Technology Co. Ltd., Class A | 87800 | 236864 |
| \* | J&T Global Express Ltd. | 3809200 | 2959297 |
|  | Jack Technology Co. Ltd., Class A | 5700 | 25880 |
|  | Jade Bird Fire Co. Ltd., Class A | 137800 | 210465 |
|  | Jangho Group Co. Ltd., Class A | 203600 | 149278 |
|  | Jiang Su Suyan Jingshen Co. Ltd., Class A | 150100 | 197667 |
|  | Jianglong Shipbuilding Co. Ltd., Class A | 12300 | 18430 |
|  | Jiangsu Asia-Pacific Light Alloy Technology Co. Ltd., Class A | 227700 | 180903 |
|  | Jiangsu Bojun Industrial Technology Co. Ltd., Class A | 61600 | 218475 |
|  | Jiangsu Boqian New Materials Stock Co. Ltd., Class A | 22600 | 109636 |
|  | Jiangsu Changshu Automotive Trim Group Co. Ltd., Class A | 41200 | 73532 |
| \* | Jiangsu Dagang Co. Ltd., Class A | 88600 | 169246 |
|  | Jiangsu Dingsheng New Energy Materials Co. Ltd., Class A | 185300 | 219720 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jiangsu Etern Co. Ltd., Class A | 242600 | $210923 |
|  | Jiangsu General Science Technology Co. Ltd., Class A | 298800 | 187248 |
|  | Jiangsu Gian Technology Co. Ltd., Class A | 35200 | 158103 |
|  | Jiangsu Guomao Reducer Co. Ltd., Class A | 76100 | 165539 |
|  | Jiangsu Hengshun Vinegar Industry Co. Ltd., Class A | 182200 | 197639 |
|  | Jiangsu Hongdou Industrial Co. Ltd., Class A | 376500 | 109967 |
|  | Jiangsu Huachang Chemical Co. Ltd., Class A | 177400 | 170561 |
|  | Jiangsu Kanion Pharmaceutical Co. Ltd., Class A | 111340 | 194030 |
| \* | Jiangsu Lopal Tech Co. Ltd., Class A | 83200 | 111844 |
|  | Jiangsu Shentong Valve Co. Ltd., Class A | 86100 | 128491 |
|  | Jiangsu Sidike New Material Science & Technology Co. Ltd. (300806 C2), Class A | 76873 | 162220 |
|  | Jiangsu Sidike New Material Science & Technology Co. Ltd. (300806 CH), Class A | 14784 | 31198 |
| \* | Jiangsu Sopo Chemical Co., Class A | 92401 | 104727 |
|  | Jiangsu Suzhou Rural Commercial Bank Co. Ltd., Class A | 238383 | 172179 |
|  | Jiangsu ToLand Alloy Co. Ltd., Class A | 44900 | 134143 |
|  | Jiangsu Yinhe Electronics Co. Ltd., Class A | 161700 | 92769 |

---

999

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**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jiangsu Zijin Rural Commercial Bank Co. Ltd., Class A | 143900 | $53533 |
|  | Jiangxi Bank Co. Ltd., Class H | 325000 | 31038 |
| \* | Jiangxi Black Cat Carbon Black Co. Ltd., Class A | 115900 | 176285 |
| \* | Jiangxi Fushine Pharmaceutical Co. Ltd., Class A | 95400 | 110808 |
|  | Jiangxi Ganneng Co. Ltd., Class A | 161100 | 203800 |
|  | Jiangxi Guotai Group Co. Ltd., Class A | 121900 | 210844 |
|  | Jiangxi Xinyu Guoke Technology Co. Ltd., Class A | 46460 | 174746 |
|  | Jiangyin Haida Rubber & Plastic Co. Ltd., Class A | 21100 | 29322 |
| \* | Jiangyin Hengrun Heavy Industries Co. Ltd., Class A | 60300 | 151158 |
|  | Jiangyin Jianghua Microelectronics Materials Co. Ltd., Class A | 63900 | 173648 |
|  | Jianmin Pharmaceutical Group Co. Ltd., Class A | 26000 | 150026 |
|  | Jiaozuo Wanfang Aluminum Manufacturing Co. Ltd., Class A | 246334 | 228083 |
| \* | Jilin Chemical Fibre, Class A | 494202 | 246466 |
|  | Jilin OLED Material Tech Co. Ltd., Class A | 14882 | 37358 |
| # | Jinchuan Group International Resources Co. Ltd. | 7638000 | 630296 |
|  | Jinghua Pharmaceutical Group Co. Ltd., Class A | 144900 | 138985 |
|  | Jinhong Gas Co. Ltd., Class A | 61973 | 141711 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jinhui Liquor Co. Ltd., Class A | 53400 | $141352 |
| \* | Jinke Smart Services Group Co. Ltd., Class H | 294100 | 268955 |
| # | JinkoSolar Holding Co. Ltd., ADR | 141757 | 2432550 |
|  | Jinlei Technology Co. Ltd., Class A | 66900 | 181558 |
|  | Jinlongyu Group Co. Ltd., Class A | 77600 | 175507 |
| \* | Jinneng Holding Shanxi Electric Power Co. Ltd., Class A | 538000 | 196405 |
|  | Jinneng Science&Technology Co. Ltd., Class A | 104000 | 89161 |
| #W | Jinxin Fertility Group Ltd. | 6081500 | 2274428 |
|  | Jinyu Bio-Technology Co. Ltd., Class A | 212400 | 198789 |
|  | Jinzai Food Group Co. Ltd., Class A | 76700 | 136446 |
| #W | Jiumaojiu International Holdings Ltd. | 481000 | 156030 |
| # | JL Mag Rare-Earth Co. Ltd. (6680 HK), Class H | 224800 | 383206 |
|  | JNBY Design Ltd. | 642000 | 1214060 |
| W | Joinn Laboratories China Co. Ltd., Class H | 93400 | 118207 |
|  | Jointo Energy Investment Co. Ltd. Hebei, Class A | 143196 | 126557 |
|  | Jolywood Suzhou Sunwatt Co. Ltd., Class A | 201100 | 142391 |
|  | Jones Tech PLC, Class A | 18460 | 62000 |
|  | Joy City Property Ltd. | 1392000 | 37343 |
|  | Joyoung Co. Ltd., Class A | 57740 | 75535 |
|  | JS Corrugating Machinery Co. Ltd., Class A | 95000 | 139985 |
| \*W | JS Global Lifestyle Co. Ltd. | 1512000 | 350723 |

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1000

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**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
| \* | Ju Teng International Holdings Ltd. | 2734000 | $481047 |
|  | Jutal Offshore Oil Services Ltd. | 38000 | 3179 |
|  | Jutze Intelligent Technology Co. Ltd., Class A | 9900 | 24660 |
| \* | JY Grandmark Holdings Ltd. | 431000 | 17676 |
|  | Kaishan Group Co. Ltd., Class A | 138400 | 166407 |
| # | Kangji Medical Holdings Ltd. | 1000000 | 964982 |
|  | KEDE Numerical Control Co. Ltd., Class A | 17967 | 187031 |
| \* | Keep, Inc. | 31700 | 16495 |
|  | Keli Motor Group Co. Ltd., Class A | 101500 | 217575 |
|  | Keli Sensing Technology Ningbo Co. Ltd., Class A | 50300 | 471472 |
| # | Kinetic Development Group Ltd. | 5104000 | 775649 |
|  | Kingboard Holdings Ltd. | 2266421 | 6088577 |
| # | Kingboard Laminates Holdings Ltd. | 3720000 | 3883882 |
|  | Kingsoft Corp. Ltd. | 2467600 | 12294580 |
|  | Kuaijishan Shaoxing Wine Co. Ltd., Class A | 75100 | 153856 |
|  | Kuangda Technology Group Co. Ltd., Class A | 287400 | 199148 |
|  | Kunshan Kinglai Hygienic Materials Co. Ltd., Class A | 48920 | 214955 |
| \* | Kunwu Jiuding Investment Holdings Co. Ltd., Class A | 21600 | 38771 |
| \* | Kyland Technology Co. Ltd., Class A | 104600 | 301095 |
|  | Lancy Co. Ltd., Class A | 96200 | 210476 |
| \* | Lanzhou LS Heavy Equipment Co. Ltd., Class A | 225600 | 206258 |
|  | Launch Tech Co. Ltd., Class H | 255500 | 342323 |
|  | Lee & Man Chemical Co. Ltd. | 574785 | 259008 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Lee & Man Paper Manufacturing Ltd. | 203000 | $54552 |
| \*W | Legend Holdings Corp., Class H | 1583400 | 1571819 |
|  | Leoch International Technology Ltd. | 97000 | 29164 |
| \* | Leshan Giantstar Farming & Husbandry Corp. Ltd., Class A | 68400 | 188627 |
|  | LexinFintech Holdings Ltd., ADR | 215165 | 1689045 |
|  | Li Ning Co. Ltd. | 6530500 | 12312200 |
|  | Lianhe Chemical Technology Co. Ltd., Class A | 81400 | 70890 |
|  | Liaoning Port Co. Ltd., Class H | 650000 | 56081 |
| \* | Lier Chemical Co. Ltd., Class A | 168180 | 236360 |
| #\* | Lifetech Scientific Corp. | 8522000 | 1581131 |
|  | Lijiang Yulong Tourism Co. Ltd., Class A | 129100 | 157983 |
|  | Linewell Software Co. Ltd., Class A | 46700 | 79007 |
|  | Lingbao Gold Group Co. Ltd., Class H | 798000 | 881176 |
| W | Linklogis, Inc., Class B | 2001500 | 299174 |
| \* | Liuzhou Iron & Steel Co. Ltd., Class A | 283680 | 125919 |
|  | Livzon Pharmaceutical Group, Inc., Class H | 641903 | 2128858 |
|  | Longhua Technology Group Luoyang Co. Ltd., Class A | 189100 | 176739 |
|  | Lonking Holdings Ltd. | 5962000 | 1501245 |
|  | Lontium Semiconductor Corp., Class A | 21565 | 221638 |
|  | Lucky Harvest Co. Ltd., Class A | 26300 | 195659 |
|  | Luoniushan Co. Ltd., Class A | 204728 | 166685 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
| \* | Luoxin Pharmaceuticals Group Stock Co. Ltd., Class A | 167900 | $101418 |
|  | Luoyang Xinqianglian Slewing Bearing Co. Ltd., Class A | 55779 | 220134 |
|  | Lushang Freda Pharmaceutical Co. Ltd., Class A | 205700 | 210166 |
|  | Luxin Venture Capital Group Co. Ltd., Class A | 140600 | 222717 |
|  | Luyang Energy-Saving Materials Co. Ltd. | 94900 | 156717 |
| #\*W | Luye Pharma Group Ltd. | 2302000 | 597665 |
| \* | Maanshan Iron & Steel Co. Ltd., Class H | 3930048 | 829945 |
|  | Maccura Biotechnology Co. Ltd., Class A | 106861 | 167413 |
|  | Malion New Materials Co. Ltd., Class A | 18500 | 21636 |
| #\*W | Maoyan Entertainment | 1041400 | 915054 |
|  | Marssenger Kitchenware Co. Ltd., Class A | 21600 | 37422 |
|  | Maxvision Technology Corp., Class A | 39800 | 154934 |
| \* | MCC Meili Cloud Computing Industry Investment Co. Ltd., Class A | 113700 | 215275 |
| #W | Medlive Technology Co. Ltd. | 344500 | 536390 |
|  | MeiG Smart Technology Co. Ltd., Class A | 44800 | 304471 |
| #W | Meitu, Inc. | 5298000 | 3737271 |
|  | Mesnac Co. Ltd., Class A | 196900 | 211781 |
|  | M-Grass Ecology & Environment Group Co. Ltd., Class A | 384500 | 221457 |
| \*W | Microport Cardioflow Medtech Corp. | 674000 | 78361 |
| # | MicroPort NeuroScientific Corp. | 316152 | 427142 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
| \* | Microport Scientific Corp. | 1275600 | $1151804 |
| #W | Midea Real Estate Holding Ltd. | 295000 | 153096 |
|  | Milkyway Intelligent Supply Chain Service Group Co. Ltd., Class A | 28971 | 192710 |
| # | Ming Yuan Cloud Group Holdings Ltd. | 2125000 | 794995 |
| \* | Mingfa Group International Co. Ltd. | 3979000 | 56183 |
|  | MINISO Group Holding Ltd. | 871600 | 3918655 |
| \* | Minmetals Development Co. Ltd., Class A | 196200 | 193578 |
| \* | Minmetals Land Ltd. | 3256000 | 176121 |
| \* | Minth Group Ltd. | 2097000 | 5008934 |
| \*W | Mobvista, Inc. | 968000 | 690442 |
|  | Moon Environment Technology Co. Ltd., Class A | 141600 | 224482 |
|  | Motic Xiamen Electric Group Co. Ltd., Class A | 22900 | 48501 |
|  | MYS Group Co. Ltd., Class A | 131600 | 63196 |
| \* | Nanfang Zhongjin Environment Co. Ltd., Class A | 318400 | 152619 |
|  | Nanhua Futures Co. Ltd., Class A | 44400 | 72804 |
|  | NanJi E-Commerce Co. Ltd., Class A | 258000 | 156342 |
|  | Nanjing Cosmos Chemical Co. Ltd., Class A | 28000 | 77355 |
|  | Nanjing Hanrui Cobalt Co. Ltd., Class A | 59300 | 258731 |
|  | Nanjing Pharmaceutical Co. Ltd., Class A | 244800 | 175702 |
| \* | Nanjing Sample Technology Co. Ltd., Class H | 500 | 18 |
|  | Nanjing Xinjiekou Department Store Co. Ltd., Class A | 265000 | 231784 |

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Nantong Jiangshan Agrochemical & Chemical LLC, Class A | 77905 | $176273 |
|  | NetDragon Websoft Holdings Ltd. | 841000 | 1073272 |
| \*W | NetEase Cloud Music, Inc. | 156250 | 3654184 |
| #\*††W | New Horizon Health Ltd. | 269500 | 92085 |
| \* | New Journey Health Technology Group Co. Ltd., Class A | 554900 | 174092 |
|  | New Trend International Logis-Tech Co. Ltd., Class A | 27200 | 41733 |
| \* | Newborn Town, Inc. | 1330000 | 1399571 |
|  | Nexteer Automotive Group Ltd. | 2400000 | 1608802 |
| #\* | Nine Dragons Paper Holdings Ltd. | 3319000 | 1218088 |
|  | Ningbo Changhong Polymer Scientific & Technical, Inc., Class A | 60200 | 135559 |
|  | Ningbo Jintian Copper Group Co. Ltd., Class A | 290000 | 266272 |
|  | Ningbo Peacebird Fashion Co. Ltd., Class A | 66600 | 145506 |
|  | Ningbo Sunrise Elc Technology Co. Ltd., Class A | 50200 | 119838 |
|  | Ningbo Yongxin Optics Co. Ltd., Class A | 21000 | 252302 |
|  | Ningbo Yunsheng Co. Ltd., Class A | 214400 | 220384 |
|  | Ningxia Building Materials Group Co. Ltd., Class A | 84200 | 149228 |
|  | Ningxia Orient Tantalum Industry Co. Ltd., Class A | 83800 | 171678 |
| \* | Ningxia Western Venture Industrial Co. Ltd., Class A | 265100 | 188546 |
|  | NKY Medical Holdings Ltd., Class A | 84300 | 172310 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Noah Holdings Ltd., Sponsored ADR | 65646 | $603287 |
|  | North Chemical Industries Co. Ltd., Class A | 34400 | 50766 |
|  | North China Pharmaceutical Co. Ltd., Class A | 138000 | 114759 |
|  | North Electro-Optic Co. Ltd., Class A | 27600 | 51833 |
|  | North Huajin Chemical Industries Co. Ltd., Class A | 367800 | 267566 |
|  | Northeast Pharmaceutical Group Co. Ltd., Class A | 217203 | 153644 |
| \* | Nuode New Materials Co. Ltd., Class A | 306700 | 129103 |
| #\*W | Ocumension Therapeutics | 394000 | 274376 |
|  | Onewo, Inc., Class H | 536700 | 1481036 |
|  | OPT Machine Vision Tech Co. Ltd., Class A | 17772 | 221581 |
|  | Orient International Enterprise Ltd., Class A | 147700 | 151588 |
| #\*W | Peijia Medical Ltd. | 888000 | 608677 |
| \*†† | Pengdu Agriculture & Animal Husbandry Co. Ltd., Class A | 1346100 | 25948 |
| \* | Pengxin International Mining Co. Ltd., Class A | 328300 | 217666 |
|  | PharmaBlock Sciences Nanjing, Inc., Class A | 33400 | 147999 |
| #W | Pharmaron Beijing Co. Ltd., Class H | 767100 | 1330174 |
| \* | Phenix Optical Co. Ltd., Class A | 17700 | 48609 |
|  | PhiChem Corp., Class A | 111226 | 271222 |
| W | Ping An Healthcare & Technology Co. Ltd. | 4285358 | 4119434 |
|  | PNC Process Systems Co. Ltd., Class A | 59680 | 210332 |

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**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Poly Property Services Co. Ltd., Class H | 469200 | $1863065 |
| W | Pop Mart International Group Ltd. | 728000 | 18157224 |
|  | Porton Pharma Solutions Ltd., Class A | 106500 | 220731 |
|  | Pou Sheng International Holdings Ltd. | 5331806 | 326581 |
| \* | Powerwin Tech Group Ltd. | 88000 | 36133 |
|  | Prinx Chengshan Holdings Ltd. | 158500 | 159462 |
| \* | Productive Technologies Co. Ltd. | 1938000 | 60797 |
|  | PW Medtech Group Ltd. | 1413000 | 186367 |
| \* | Q Technology Group Co. Ltd. | 1418000 | 1189357 |
|  | Qifu Technology, Inc., ADR | 314508 | 12904263 |
| \* | Qinchuan Machine Tool & Tool Group Share Co. Ltd., Class A | 197600 | 347288 |
|  | Qingdao Citymedia Co. Ltd., Class A | 32400 | 29290 |
|  | Qingdao East Steel Tower Stock Co. Ltd., Class A | 256600 | 268580 |
|  | Qingdao Eastsoft Communication Technology Co. Ltd., Class A | 96222 | 218624 |
|  | Qingdao Gaoce Technology Co. Ltd., Class A | 81461 | 97421 |
|  | Qingdao Gon Technology Co. Ltd., Class A | 61200 | 211515 |
|  | Qingdao Hiron Commercial Cold Chain Co. Ltd., Class A | 47214 | 71452 |
|  | Qingdao NovelBeam Technology Co. Ltd., Class A | 5724 | 27226 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
| W | Qingdao Port International Co. Ltd., Class H | 716000 | $517579 |
|  | Qinghai Huzhu TianYouDe Highland Barley Spirit Co. Ltd., Class A | 81000 | 98931 |
|  | Qinhuangdao Port Co. Ltd., Class H | 1989500 | 550730 |
| \* | Qudian, Inc., Sponsored ADR | 314980 | 856746 |
|  | Queclink Wireless Solutions Co. Ltd., Class A | 71900 | 118828 |
|  | Quick Intelligent Equipment Co. Ltd., Class A | 45000 | 146971 |
| #\* | Radiance Holdings Group Co. Ltd. | 90000 | 34847 |
|  | Rayhoo Motor Dies Co. Ltd., Class A | 36300 | 194889 |
| #\*W | Red Star Macalline Group Corp. Ltd., Class H | 148920 | 25700 |
|  | Renhe Pharmacy Co. Ltd., Class A | 330300 | 244715 |
| \* | REPT BATTERO Energy Co. Ltd. | 8000 | 11597 |
|  | Rianlon Corp., Class A | 50450 | 195015 |
| \* | RongFa Nuclear Equipment Co. Ltd., Class A | 416700 | 272628 |
|  | Ruida Futures Co. Ltd., Class A | 68700 | 136824 |
| \* | SanFeng Intelligent Equipment Group Co. Ltd., Class A | 166700 | 276451 |
|  | Sanquan Food Co. Ltd., Class A | 91600 | 145382 |
| \* | Sansteel Minguang Co. Ltd. Fujian, Class A | 501694 | 260590 |
|  | Sany Heavy Equipment International Holdings Co. Ltd. | 4208000 | 3068482 |
| \* | Seazen Group Ltd. | 3184571 | 800952 |
| \* | Shaanxi Heimao Coking Co. Ltd., Class A | 352600 | 140873 |

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
| \* | Shandong BoAn Biotechnology Co. Ltd., Class H | 8600 | $11482 |
|  | Shandong Bohui Paper Industrial Co. Ltd., Class A | 279903 | 165852 |
| \* | Shandong Chenming Paper Holdings Ltd., Class H | 56750 | 4166 |
|  | Shandong Dawn Polymer Co. Ltd., Class A | 100100 | 214459 |
|  | Shandong Denghai Seeds Co. Ltd., Class A | 151100 | 210840 |
| \* | Shandong Dongyue Silicone Material Co. Ltd., Class A | 234400 | 235674 |
|  | Shandong Haihua Co. Ltd., Class A | 134000 | 98146 |
|  | Shandong Head Group Co. Ltd., Class A | 11060 | 17128 |
|  | Shandong Hi-Speed Road & Bridge Group Co. Ltd., Class A | 320100 | 246846 |
|  | Shandong Huatai Paper Industry Shareholding Co. Ltd., Class A | 182200 | 85588 |
|  | Shandong Jincheng Pharmaceutical Group Co. Ltd., Class A | 68200 | 147077 |
|  | Shandong Jinjing Science & Technology Co. Ltd., Class A | 273400 | 171363 |
|  | Shandong Lukang Pharma, Class A | 169300 | 230833 |
|  | Shandong Weigao Group Medical Polymer Co. Ltd., Class H | 4665200 | 3433876 |
|  | Shandong WIT Dyne Health Co. Ltd., Class A | 43400 | 182663 |
|  | Shandong Xiantan Co. Ltd., Class A | 148800 | 121675 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shandong Xinhua Pharmaceutical Co. Ltd., Class H | 582400 | $412142 |
|  | Shanghai Acrel Co. Ltd., Class A | 7000 | 21886 |
| \* | Shanghai Aerospace Automobile Electromechanical Co. Ltd., Class A | 273000 | 241375 |
|  | Shanghai AJ Group Co. Ltd., Class A | 328600 | 203044 |
|  | Shanghai AtHub Co. Ltd., Class A | 12778 | 57578 |
|  | Shanghai Baolong Automotive Corp., Class A | 45200 | 233169 |
|  | Shanghai Baosteel Packaging Co. Ltd., Class A | 213800 | 139692 |
|  | Shanghai Bright Meat Group Co. Ltd., Class A | 169000 | 188748 |
| # | Shanghai Chicmax Cosmetic Co. Ltd. | 31000 | 267448 |
|  | Shanghai Chlor-Alkali Chemical Co. Ltd., Class A | 139200 | 172646 |
|  | Shanghai Datun Energy Resources Co. Ltd., Class A | 71900 | 109732 |
| \* | Shanghai Feilo Acoustics Co. Ltd., Class A | 472700 | 258184 |
| # | Shanghai Fudan Microelectronics Group Co. Ltd., Class H | 799000 | 2875306 |
|  | Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co. Ltd., Class H | 194000 | 60758 |
|  | Shanghai Ganglian E-Commerce Holdings Co. Ltd., Class A | 54000 | 155357 |
|  | Shanghai Gentech Co. Ltd., Class A | 56430 | 289479 |
|  | Shanghai Hanbell Precise Machinery Co. Ltd., Class A | 13400 | 30614 |

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1005

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
| W | Shanghai Haohai Biological Technology Co. Ltd., Class H | 120600 | $380002 |
| #\*W | Shanghai Henlius Biotech, Inc., Class H | 24000 | 120032 |
|  | Shanghai Industrial Urban Development Group Ltd. | 3059000 | 114552 |
| # | Shanghai INT Medical Instruments Co. Ltd. | 109800 | 375245 |
|  | Shanghai Kaibao Pharmaceutical Co. Ltd., Class A | 194559 | 157652 |
|  | Shanghai Kelai Mechatronics Engineering Co. Ltd., Class A | 46489 | 115116 |
|  | Shanghai Liangxin Electrical Co. Ltd., Class A | 184665 | 212373 |
| \* | Shanghai Milkground Food Tech Co. Ltd., Class A | 98799 | 354201 |
|  | Shanghai Pioneer Holding Ltd. | 1461000 | 424816 |
|  | Shanghai Pret Composites Co. Ltd., Class A | 32000 | 45635 |
|  | Shanghai Pudong Construction Co. Ltd., Class A | 239492 | 209633 |
|  | Shanghai QiFan Cable Co. Ltd., Class A | 60400 | 121809 |
| \* | Shanghai Shibei Hi-Tech Co. Ltd., Class A | 256012 | 154677 |
|  | Shanghai Tongji Science & Technology Industrial Co. Ltd., Class A | 140900 | 183669 |
|  | Shanghai Zijiang Enterprise Group Co. Ltd., Class A | 380400 | 328686 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shanxi Blue Flame Holding Co. Ltd., Class A | 207400 | $182845 |
|  | Shanxi Coking Co. Ltd., Class A | 119000 | 57022 |
|  | Shanxi Guoxin Energy Corp. Ltd., Class A | 57960 | 20216 |
|  | Shanxi Hi-speed Group Co. Ltd., Class A | 189200 | 130256 |
|  | Shengda Resources Co. Ltd., Class A | 162407 | 303333 |
|  | Shenma Industry Co. Ltd., Class A | 201400 | 222796 |
| \* | Shenyang Jinbei Automotive Co. Ltd., Class A | 217100 | 160527 |
|  | Shenzhen Batian Ecotypic Engineering Co. Ltd., Class A | 109100 | 145567 |
|  | Shenzhen BSC Technology Co. Ltd., Class A | 22340 | 86153 |
|  | Shenzhen Center Power Tech Co. Ltd., Class A | 86400 | 170455 |
|  | Shenzhen Cereals Holdings Co. Ltd., Class A | 158300 | 146527 |
|  | Shenzhen Click Technology Co. Ltd., Class A | 87200 | 146698 |
|  | Shenzhen Colibri Technologies Co. Ltd., Class A | 87400 | 182308 |
|  | Shenzhen Das Intellitech Co. Ltd., Class A | 436811 | 191096 |
|  | Shenzhen Desay Battery Technology Co., Class A | 34574 | 100779 |
| \* | Shenzhen Dynanonic Co. Ltd., Class A | 8100 | 31195 |
|  | Shenzhen Expressway Corp. Ltd., Class H | 2566400 | 2181542 |
|  | Shenzhen Forms Syntron Information Co. Ltd. | 67000 | 175591 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shenzhen Fuanna Bedding & Furnishing Co. Ltd., Class A | 148900 | $159427 |
|  | Shenzhen Gongjin Electronics Co. Ltd., Class A | 164300 | 206676 |
| \*W | Shenzhen Hepalink Pharmaceutical Group Co. Ltd., Class H | 94000 | 53867 |
| # | Shenzhen International Holdings Ltd. | 4346292 | 4446405 |
|  | Shenzhen Investment Holdings Bay Area Development Co. Ltd. | 33500 | 7778 |
|  | Shenzhen Invt Electric Co. Ltd., Class A | 91100 | 96630 |
|  | Shenzhen Jieshun Science & Technology Industry Co. Ltd., Class A | 89334 | 127111 |
|  | Shenzhen Jinjia Group Co. Ltd., Class A | 74700 | 37050 |
|  | Shenzhen Jufei Optoelectronics Co. Ltd., Class A | 237200 | 192117 |
|  | Shenzhen Kingkey Smart Agriculture Times Co. Ltd., Class A | 105700 | 218595 |
|  | Shenzhen Laibao Hi-tech Co. Ltd., Class A | 123100 | 160507 |
|  | Shenzhen Leaguer Co. Ltd., Class A | 211200 | 239371 |
|  | Shenzhen Lifotronic Technology Co. Ltd., Class A | 82745 | 146962 |
|  | Shenzhen Microgate Technology Co. Ltd., Class A | 197600 | 278570 |
| \* | Shenzhen New Nanshan Holding Group Co. Ltd., Class A | 568900 | 201313 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shenzhen Noposin Crop Science Co. Ltd., Class A | 201300 | $261733 |
|  | Shenzhen Qingyi Photomask Ltd., Class A | 49231 | 186106 |
|  | Shenzhen SEG Co. Ltd., Class A | 27300 | 30738 |
|  | Shenzhen Sinexcel Electric Co. Ltd., Class A | 60400 | 247212 |
|  | Shenzhen Sunline Tech Co. Ltd., Class A | 149700 | 260142 |
|  | Shenzhen Sunnypol Optoelectronics Co. Ltd., Class A | 23908 | 81732 |
|  | Shenzhen Tagen Group Co. Ltd., Class A | 45410 | 22248 |
|  | Shenzhen Topraysolar Co. Ltd., Class A | 43100 | 17688 |
|  | Shenzhen Topway Video Communication Co. Ltd., Class A | 142600 | 157615 |
|  | Shenzhen United Winners Laser Co. Ltd., Class A | 46617 | 101477 |
|  | Shenzhen Weiguang Biological Products Co. Ltd., Class A | 32500 | 124714 |
| \* | Shenzhen Yitoa Intelligent Control Co. Ltd., Class A | 220000 | 210075 |
|  | Shenzhen Ysstech Info-tech Co. Ltd., Class A | 157800 | 455352 |
|  | Shida Shinghwa Advanced Material Group Co. Ltd., Class A | 39100 | 184569 |
| †† | Shouhang High-Tech Energy Co. Ltd., Class A | 269600 | 2598 |
|  | Shui On Land Ltd. | 9155643 | 778226 |
|  | Sichuan Chengfei Integration Technology Corp., Class A | 93300 | 213507 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Sichuan EM Technology Co. Ltd., Class A | 162300 | $201256 |
|  | Sichuan Expressway Co. Ltd., Class H | 3296000 | 1837921 |
|  | Sichuan Haite High-tech Co. Ltd., Class A | 151676 | 192881 |
|  | Sichuan Jiuyuan Yinhai Software Co. Ltd., Class A | 72100 | 176066 |
| \* | Sichuan Lutianhua Co. Ltd., Class A | 353500 | 235280 |
| # | Sihuan Pharmaceutical Holdings Group Ltd. | 4489000 | 416409 |
|  | Sino Biopharmaceutical Ltd. | 5923000 | 2974526 |
|  | Sinofert Holdings Ltd. | 6383327 | 963783 |
|  | Sinomach Automobile Co. Ltd., Class A | 178300 | 155443 |
|  | Sinomach Precision Industry Group Co. Ltd., Class A | 99800 | 211011 |
|  | Sinopec Engineering Group Co. Ltd., Class H | 4016500 | 2858006 |
|  | Sinopec Kantons Holdings Ltd. | 3098000 | 1744408 |
| \* | Sinopec Oilfield Equipment Corp., Class A | 170200 | 139938 |
| \* | Sinopec Oilfield Service Corp., Class H | 6360000 | 483445 |
| \* | Sinopec Shanghai Petrochemical Co. Ltd., Class H | 9136000 | 1353173 |
|  | Sinopharm Group Co. Ltd., Class H | 1806800 | 4258172 |
|  | Sinoseal Holding Co. Ltd., Class A | 39200 | 194761 |
|  | Sinosteel Engineering & Technology Co. Ltd., Class A | 315300 | 279958 |
|  | Sinosteel New Materials Co. Ltd., Class A | 124300 | 133693 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
| \* | Sino-Synergy Hydrogen Energy Technology Jiaxing Co. Ltd. | 5500 | $6059 |
|  | Sinotrans Ltd., Class H | 7927000 | 3445090 |
| \* | Sipai Health Technology Co. Ltd. | 52400 | 29484 |
| # | Skyworth Group Ltd. | 3136467 | 1203791 |
|  | Snowsky Salt Industry Group Co. Ltd., Class A | 169712 | 116592 |
| #\* | SOHO China Ltd. | 5528000 | 384602 |
|  | Sokan New Materials Group Co. Ltd., Class A | 3400 | 18734 |
| \* | South Manganese Investment Ltd. | 898000 | 31203 |
|  | SSY Group Ltd. | 5589152 | 2121021 |
|  | Stanley Agricultural Group Co. Ltd., Class A | 223700 | 258382 |
|  | Sumavision Technologies Co. Ltd., Class A | 300100 | 217608 |
| #\* | Sun King Technology Group Ltd. | 3390000 | 484988 |
|  | Suning Universal Co. Ltd., Class A | 624100 | 185641 |
|  | Sunrise Group Co. Ltd., Class A | 30100 | 22402 |
| \* | Sunstone Development Co. Ltd., Class A | 94700 | 226684 |
|  | Sunward Intelligent Equipment Co. Ltd., Class A | 272650 | 262624 |
|  | Suzhou Anjie Technology Co. Ltd., Class A | 9900 | 17544 |
|  | Suzhou Good-Ark Electronics Co. Ltd., Class A | 165400 | 208407 |
|  | Suzhou New District Hi-Tech Industrial Co. Ltd., Class A | 62400 | 45461 |
|  | Suzhou SLAC Precision Equipment Co. Ltd., Class A | 38100 | 70363 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Suzhou Sushi Testing Group Co. Ltd., Class A | 90200 | $194800 |
|  | Suzhou TZTEK Technology Co. Ltd., Class A | 37593 | 275760 |
| \* | Suzhou Victory Precision Manufacture Co. Ltd., Class A | 386200 | 139181 |
| \* | SVG Optronics Co. Ltd., Class A | 8000 | 21429 |
| # | SY Holdings Group Ltd. | 1217000 | 2034319 |
|  | Symphony Holdings Ltd. | 6860000 | 723542 |
|  | SYoung Group Co. Ltd., Class A | 44200 | 77005 |
| \* | Taiyuan Heavy Industry Co. Ltd., Class A | 368700 | 119365 |
| \* | Tangrenshen Group Co. Ltd., Class A | 282127 | 188133 |
|  | Tangshan Sunfar Silicon Industry Co. Ltd., Class A | 12300 | 24122 |
|  | Tayho Advanced Materials Group Co. Ltd., Class A | 165700 | 233267 |
|  | TCL Electronics Holdings Ltd. | 2874347 | 3630868 |
|  | TDG Holdings Co. Ltd., Class A | 233000 | 208785 |
|  | Tenfu Cayman Holdings Co. Ltd. | 306000 | 132276 |
|  | Three's Co. Media Group Co. Ltd., Class A | 43207 | 164837 |
|  | Tian Lun Gas Holdings Ltd. | 495000 | 167127 |
|  | Tiande Chemical Holdings Ltd. | 236000 | 32730 |
| # | Tiangong International Co. Ltd. | 3858000 | 1048178 |
|  | Tianjin Capital Environmental Protection Group Co. Ltd., Class H | 1632000 | 669911 |
|  | Tianjin Port Development Holdings Ltd. | 4762800 | 373922 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Tianjin Ringpu Bio-Technology Co. Ltd., Class A | 88935 | $249952 |
|  | Tianjin Teda Co. Ltd., Class A | 244600 | 124265 |
| # | Tianneng Power International Ltd. | 2576048 | 2144433 |
| # | Tianqi Lithium Corp., Class H | 208200 | 618909 |
|  | Tianrun Industry Technology Co. Ltd., Class A | 168300 | 143127 |
| \* | Tibet Water Resources Ltd. | 3400000 | 133231 |
|  | Time Interconnect Technology Ltd. | 1112000 | 583701 |
|  | Tingyi Cayman Islands Holding Corp. | 2728000 | 4927671 |
|  | TKD Science & Technology Co. Ltd., Class A | 66200 | 122943 |
|  | Tofflon Science & Technology Group Co. Ltd., Class A | 147600 | 239063 |
|  | Toly Bread Co. Ltd., Class A | 213868 | 159936 |
|  | Tomson Group Ltd. | 490255 | 169640 |
|  | Tong Ren Tang Technologies Co. Ltd., Class H | 1710000 | 1043223 |
|  | Tongcheng Travel Holdings Ltd. | 3758800 | 9859397 |
|  | Tongdao Liepin Group | 62200 | 29131 |
|  | Tongyu Heavy Industry Co. Ltd., Class A | 529953 | 178042 |
|  | Topsec Technologies Group, Inc., Class A | 208127 | 207204 |
| W | Topsports International Holdings Ltd. | 2026000 | 805451 |
|  | Towngas Smart Energy Co. Ltd. | 2938818 | 1324243 |
|  | TravelSky Technology Ltd., Class H | 2618000 | 3644413 |
| #\* | Triumph New Energy Co. Ltd., Class H | 392000 | 173546 |
| \*†† | Trony Solar Holdings Co. Ltd. | 1757000 | 0 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Truking Technology Ltd., Class A | 41400 | $42604 |
|  | Truly International Holdings Ltd. | 4563573 | 560249 |
|  | TSP Wind Power Group Co. Ltd. | 176900 | 154740 |
| \*W | Tuhu Car, Inc. | 111200 | 238599 |
| †† | Tunghsu Optoelectronic Technology Co. Ltd., Class A | 792500 | 30553 |
|  | Unilumin Group Co. Ltd., Class A | 224200 | 214400 |
|  | Uni-President China Holdings Ltd. | 4377000 | 5251457 |
| # | United Energy Group Ltd. | 2112900 | 110310 |
| \* | UTour Group Co. Ltd., Class A | 172400 | 189256 |
|  | Valiant Co. Ltd., Class A | 189900 | 285434 |
|  | Vats Liquor Chain Store Management JSC Ltd. (300755 C2), Class A | 50065 | 120659 |
|  | Vatti Corp. Ltd., Class A | 147700 | 131624 |
| \* | Vcanbio Cell & Gene Engineering Corp. Ltd., Class A | 114900 | 332233 |
| \*W | Venus MedTech Hangzhou, Inc., Class H | 342000 | 112448 |
|  | Vipshop Holdings Ltd., ADR | 235753 | 3210956 |
| \*W | Viva Biotech Holdings | 2670000 | 505984 |
| #\* | Vnet Group, Inc., ADR | 81232 | 510949 |
|  | Wangneng Environment Co. Ltd., Class A | 96145 | 236340 |
| # | Wanguo Gold Group Ltd. | 410000 | 1205742 |
|  | Want Want China Holdings Ltd. | 4795000 | 3137914 |
|  | Warom Technology, Inc. Co., Class A | 58700 | 166099 |
|  | Wasion Holdings Ltd. | 1858000 | 1922106 |
|  | Weibo Corp. (9898 HK), Class A | 43280 | 357706 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
| # | Weibo Corp. (WB US), Sponsored ADR | 4978 | $40322 |
|  | Weihai Guangtai Airport Equipment Co. Ltd., Class A | 85600 | 110654 |
| # | Weilong Delicious Global Holdings Ltd. | 445800 | 940246 |
| \*W | Weimob, Inc. | 2740000 | 590296 |
| #\* | WellCell Holdings Co. Ltd. | 204800 | 191318 |
| \* | Wellhope Foods Co. Ltd., Class A | 186880 | 214938 |
|  | Wencan Group Co. Ltd., Class A | 59322 | 166862 |
|  | Wenzhou Yihua Connector Co. Ltd., Class A | 39600 | 224616 |
| # | West China Cement Ltd. | 5844000 | 1173918 |
|  | Western Metal Materials Co. Ltd., Class A | 93800 | 238006 |
|  | Windey Energy Technology Group Co. Ltd., Class A | 70350 | 101849 |
| \* | World Union Group, Inc., Class A | 115600 | 35546 |
|  | Wuhan East Lake High Technology Group Co. Ltd., Class A | 105200 | 127264 |
|  | Wuhan Fingu Electronic Technology Co. Ltd., Class A | 140000 | 231696 |
|  | Wuhan Raycus Fiber Laser Technologies Co. Ltd., Class A | 80400 | 197798 |
|  | Wushang Group Co. Ltd., Class A | 156682 | 200848 |
|  | Wuxi Chipown Micro-Electronics Ltd., Class A | 12113 | 92364 |
|  | Wuxi Huaguang Environment & Energy Group Co. Ltd., Class A | 166529 | 209392 |

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|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Wuxi Paike New Materials Technology Co. Ltd., Class A | 22100 | $168786 |
|  | Wuxi Xinje Electric Co. Ltd., Class A | 29200 | 206965 |
| #\* | XD, Inc. | 419800 | 1930939 |
| W | Xiabuxiabu Catering Management China Holdings Co. Ltd. | 571500 | 53360 |
|  | Xiamen Changelight Co. Ltd., Class A | 160200 | 234093 |
|  | Xiamen Jihong Technology Co. Ltd., Class A | 64000 | 121345 |
|  | Xiamen Kingdomway Group Co., Class A | 13200 | 28829 |
|  | Xiandai Investment Co. Ltd., Class A | 356794 | 194533 |
|  | Xiangtan Electrochemical Scientific Co. Ltd., Class A | 111500 | 151053 |
|  | Xilinmen Furniture Co. Ltd., Class A | 81000 | 170709 |
|  | Xingfa Aluminium Holdings Ltd. | 481000 | 475419 |
|  | Xinhua Winshare Publishing & Media Co. Ltd., Class H | 1667103 | 2413237 |
|  | Xinjiang Communications Construction Group Co. Ltd., Class A | 101800 | 154885 |
|  | Xinjiang Joinworld Co. Ltd., Class A | 182800 | 167679 |
|  | Xinjiang Qingsong Building Materials & Chemicals Group Co. Ltd., Class A | 240700 | 123480 |
|  | Xinjiang Xinxin Mining Industry Co. Ltd., Class H | 1678000 | 196487 |
|  | Xinjiang Xuefeng Sci-Tech Group Co. Ltd., Class A | 220300 | 294671 |
| \* | Xinte Energy Co. Ltd., Class H | 313600 | 179081 |

---

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Xinxiang Chemical Fiber Co. Ltd., Class A | 301700 | $161905 |
| # | Xinyi Energy Holdings Ltd. | 2356213 | 279022 |
| # | Xinyi Solar Holdings Ltd. | 12742000 | 4237482 |
|  | Xinzhi Group Co. Ltd., Class A | 71300 | 169260 |
| \* | Xizang Zhufeng Resources Co. Ltd., Class A | 97700 | 125978 |
|  | Xizi Clean Energy Equipment Manufacturing Co. Ltd., Class A | 118500 | 176914 |
| # | Xtep International Holdings Ltd. | 5055688 | 3447729 |
| \* | Xunlei Ltd., ADR | 181470 | 765803 |
| \* | XXF Group Holdings Ltd. | 80000 | 69448 |
| W | Yadea Group Holdings Ltd. | 3751281 | 6770521 |
| \* | YaGuang Technology Group Co. Ltd., Class A | 171900 | 131407 |
| W | Yangtze Optical Fibre & Cable Joint Stock Co. Ltd., Class H | 476500 | 840552 |
|  | Yantai China Pet Foods Co. Ltd., Class A | 70300 | 546482 |
|  | YanTai Shuangta Food Co. Ltd., Class A | 202100 | 148087 |
| \* | Yatsen Holding Ltd., ADR | 36484 | 156152 |
|  | Yechiu Metal Recycling China Ltd., Class A | 305500 | 100487 |
|  | Yeebo International Holdings Ltd. | 226000 | 47177 |
|  | Yibin Tianyuan Group Co. Ltd., Class A | 193200 | 116713 |
| #\*W | YiChang HEC ChangJiang Pharmaceutical Co. Ltd., Class H | 818800 | 1313135 |
| # | Yihai International Holding Ltd. | 775000 | 1335941 |

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|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Yinbang Clad Material Co. Ltd., Class A | 156200 | $221019 |
|  | Yingkou Jinchen Machinery Co. Ltd., Class A | 7200 | 23406 |
| # | Yiren Digital Ltd., Sponsored ADR | 184996 | 1209874 |
| #W | Yixin Group Ltd. | 4041000 | 1110119 |
|  | Yixintang Pharmaceutical Group Co. Ltd., Class A | 100100 | 195497 |
|  | Yizumi Holdings Co. Ltd., Class A | 86500 | 244337 |
|  | Yongjin Technology Group Co. Ltd. | 64300 | 144198 |
|  | Yotrio Group Co. Ltd., Class A | 443400 | 212806 |
|  | Youcare Pharmaceutical Group Co. Ltd., Class A | 86729 | 197162 |
|  | Youngy Co. Ltd., Class A | 50500 | 188917 |
|  | Youzu Interactive Co. Ltd., Class A | 163800 | 212532 |
|  | Yuexiu Transport Infrastructure Ltd. | 2130018 | 943282 |
| \* | Yueyang Forest & Paper Co. Ltd., Class A | 314477 | 185567 |
|  | Yueyang Xingchang Petro-Chemical Co. Ltd., Class A | 64600 | 126165 |
|  | Yunnan Nantian Electronics Information Co. Ltd., Class A | 42200 | 98417 |
|  | Yutong Heavy Industries Co. Ltd., Class A | 55300 | 85724 |
|  | ZBOM Home Collection Co. Ltd., Class A | 103723 | 155940 |
|  | Zengame Technology Holding Ltd. | 470000 | 137046 |
|  | Zhaojin Mining Industry Co. Ltd., Class H | 3804000 | 9062443 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Zhejiang Asia-Pacific Mechanical & Electronic Co. Ltd., Class A | 132400 | $200476 |
|  | Zhejiang Ausun Pharmaceutical Co. Ltd., Class A | 159100 | 171667 |
|  | Zhejiang Changsheng Sliding Bearings Co. Ltd., Class A | 10200 | 112466 |
|  | Zhejiang Expressway Co. Ltd., Class H | 4415920 | 3639751 |
|  | Zhejiang Garden Biopharmaceutical Co. Ltd., Class A | 114300 | 238568 |
| #\*†† | Zhejiang Glass Co. Ltd., Class H | 415000 | 0 |
|  | Zhejiang Guyuelongshan Shaoxing Wine Co. Ltd., Class A | 177400 | 215898 |
|  | Zhejiang Hangmin Co. Ltd., Class A | 215800 | 210241 |
| \* | Zhejiang Hisoar Pharmaceutical Co. Ltd., Class A | 95900 | 65843 |
| \* | Zhejiang Hisun Pharmaceutical Co. Ltd., Class A | 156800 | 191413 |
|  | Zhejiang Huangma Technology Co. Ltd., Class A | 86100 | 143396 |
| \* | Zhejiang Huatong Meat Products Co. Ltd., Class A | 41500 | 61285 |
|  | Zhejiang Jiemei Electronic & Technology Co. Ltd., Class A | 88800 | 221342 |
|  | Zhejiang Jinggong Integration Technology Co. Ltd., Class A | 61800 | 146679 |
|  | Zhejiang Lante Optics Co. Ltd., Class A | 75811 | 249121 |
|  | Zhejiang Meida Industrial Co. Ltd., Class A | 136940 | 134664 |

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|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
| \* | Zhejiang Orient Gene Biotech Co. Ltd., Class A | 42661 | $128867 |
|  | Zhejiang Qianjiang Motorcycle Co. Ltd., Class A | 50000 | 104399 |
|  | Zhejiang Runtu Co. Ltd., Class A | 231234 | 221549 |
|  | Zhejiang Shibao Co. Ltd., Class H | 444000 | 190446 |
|  | Zhejiang Songyuan Automotive Safety Systems Co. Ltd., Class A | 29300 | 136394 |
|  | Zhejiang Southeast Space Frame Co. Ltd., Class A | 84500 | 47479 |
| \* | Zhejiang Sunriver Culture Tourism Co. Ltd., Class A | 62100 | 82404 |
|  | Zhejiang Taihua New Material Group Co. Ltd., Class A | 110700 | 145273 |
| \* | Zhejiang Tiantie Science & Technology Co. Ltd., Class A | 88538 | 56477 |
|  | Zhejiang Tianyu Pharmaceutical Co. Ltd., Class A | 20605 | 63213 |
|  | Zhejiang Wanliyang Co. Ltd., Class A | 270470 | 273143 |
|  | Zhejiang Wansheng Co. Ltd., Class A | 101200 | 132263 |
|  | Zhejiang XCC Group Co. Ltd., Class A | 57200 | 294763 |
|  | Zhejiang Xinao Textiles, Inc., Class A | 33000 | 26905 |
|  | Zhejiang Yonggui Electric Equipment Co. Ltd., Class A | 71900 | 155836 |
|  | Zhejiang Yonghe Refrigerant Co. Ltd., Class A | 73000 | 218214 |
|  | Zhende Medical Co. Ltd., Class A | 46200 | 121766 |
| # | Zhengzhou Coal Mining Machinery Group Co. Ltd., Class H | 1016400 | 1691933 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Zhenjiang Dongfang Electric Heating Technology Co. Ltd., Class A | 264800 | $170761 |
| #\* | Zhihu, Inc. | 72800 | 95373 |
| \*W | ZhongAn Online P&C Insurance Co. Ltd., Class H | 906900 | 1309561 |
|  | ZhongMan Petroleum & Natural Gas Group Corp. Ltd., Class A | 56600 | 125203 |
| \* | Zhongnongfa Seed Industry Group Co. Ltd., Class A | 219100 | 192537 |
|  | Zhongsheng Group Holdings Ltd. | 2338500 | 3518698 |
| \*†† | Zhongtian Financial Group Co. Ltd., Class A | 1461176 | 0 |
|  | Zhongtong Bus Holding Co. Ltd., Class A | 113900 | 174065 |
| #\* | Zhongyu Energy Holdings Ltd. | 1643306 | 907434 |
|  | Zhongyuan Environment-Protection Co. Ltd., Class A | 146000 | 163806 |
| W | Zhou Hei Ya International Holdings Co. Ltd. | 738000 | 239227 |
|  | Zhuzhou CRRC Times Electric Co. Ltd., Class H | 139600 | 560331 |
| \* | Zhuzhou Smelter Group Co. Ltd., Class A | 218200 | 301321 |
|  | Zhuzhou Times New Material Technology Co. Ltd., Class A | 163168 | 254987 |
| W | ZJLD Group, Inc. | 88200 | 73727 |
|  | ZJMI Environmental Energy Co. Ltd., Class A | 78900 | 133801 |
| # | Zonqing Environmental Ltd. | 54000 | 65915 |
| # | Zoomlion Heavy Industry Science & Technology Co. Ltd., Class H | 282600 | 203636 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | ZWSOFT Co. Ltd. Guangzhou, Class A | 24240 | $316209 |
| \*W | Zylox-Tonbridge Medical Technology Co. Ltd. | 129500 | 301675 |
| TOTAL CHINA | TOTAL CHINA |  | 639218281 |
| COLOMBIA — (0.1%) | COLOMBIA — (0.1%) |  |  |
|  | Almacenes Exito SA, BDR | 281264 | 515926 |
|  | Bolsa de Valores de Colombia | 25734 | 77161 |
|  | Celsia SA ESP | 419212 | 398818 |
|  | Cementos Argos SA | 319832 | 811393 |
| \* | Corp. Financiera Colombiana SA | 180093 | 705786 |
|  | Grupo Argos SA | 85055 | 442428 |
|  | Grupo Aval Acciones y Valores SA, ADR | 4190 | 11187 |
|  | Mineros SA | 75167 | 107888 |
|  | Promigas SA ESP | 10240 | 16236 |
| TOTAL COLOMBIA | TOTAL COLOMBIA |  | 3086823 |
| GREECE — (0.5%) | GREECE — (0.5%) |  |  |
|  | Aegean Airlines SA | 126702 | 1701343 |
| #\* | Aktor SA Holding Company Technical & Energy Projects | 150373 | 843916 |
|  | Athens Water Supply & Sewage Co. SA | 80877 | 533558 |
|  | Autohellas Tourist & Trading SA | 61105 | 784527 |
|  | Avax SA | 103049 | 234479 |
|  | Bank of Greece | 48772 | 758415 |
|  | Ellaktor SA | 138532 | 204460 |
|  | ElvalHalcor SA | 124834 | 280040 |
|  | Fourlis Holdings SA | 78400 | 355179 |
|  | GEK Terna SA | 236345 | 4905374 |
|  | Hellenic Exchanges - Athens Stock Exchange SA | 97874 | 585812 |
|  | Helleniq Energy Holdings SA | 62118 | 536552 |
|  | Holding Co. ADMIE IPTO SA | 305384 | 999736 |
|  | Ideal Holdings SA | 13984 | 99739 |
| # | Intracom Holdings SA | 144281 | 505321 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GREECE — (Continued) | GREECE — (Continued) |  |  |
| \* | Intralot SA-Integrated Information Systems & Gaming Services | 210350 | $248763 |
|  | Kri-Kri Milk Industry SA | 6474 | 111994 |
| \* | LAMDA Development SA | 141143 | 1062036 |
|  | Motor Oil Hellas Corinth Refineries SA | 6565 | 159071 |
|  | Piraeus Port Authority SA | 25327 | 1133878 |
|  | Profile Systems & Software SA | 3573 | 22495 |
| # | Quest Holdings SA | 58079 | 416686 |
|  | Sarantis SA | 131589 | 2017322 |
|  | Thrace Plastics Holding & Co. | 10688 | 45948 |
| TOTAL GREECE | TOTAL GREECE |  | 18546644 |
| HONG KONG — (3.1%) | HONG KONG — (3.1%) |  |  |
|  | Amrita Global | 1794000 | 138790 |
|  | Beijing Enterprises Holdings Ltd. | 1476000 | 5988983 |
| # | Beijing Tong Ren Tang Chinese Medicine Co. Ltd. | 705000 | 765292 |
| \*†† | CECEP COSTIN New Materials Group Ltd. | 4494000 | 0 |
|  | Chervon Holdings Ltd. | 315200 | 529354 |
| \* | China Aerospace International Holdings Ltd. | 8284500 | 411048 |
| \*†† | China Common Rich Renewable Energy Investments Ltd. | 17084000 | 0 |
|  | China Everbright Environment Group Ltd. | 10195000 | 4710692 |
|  | China Everbright Ltd. | 1092000 | 583961 |
| #†† | China Huiyuan Juice Group Ltd. | 3902101 | 176399 |
|  | China Jinmao Holdings Group Ltd. | 11946757 | 1767745 |
|  | China Merchants Port Holdings Co. Ltd. | 4474107 | 7263630 |
|  | China Nonferrous Mining Corp. Ltd. | 3834000 | 2537569 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  | China Overseas Grand Oceans Group Ltd. | 4553434 | $1008618 |
|  | China Power International Development Ltd. | 15918333 | 6252535 |
|  \*†† | China Properties Investment Holdings Ltd. | 2045000 | 0 |
|  W | China Resources Pharmaceutical Group Ltd. | 5434000 | 3430030 |
|  | China Taiping Insurance Holdings Co. Ltd. | 4035600 | 5588364 |
|  | China Tobacco International HK Co. Ltd. | 643000 | 2068911 |
|  #\* | China Traditional Chinese Medicine Holdings Co. Ltd. | 8556000 | 2227290 |
|  | China Travel International Investment Hong Kong Ltd. | 9487900 | 1232763 |
|  \* | China Vered Financial Holding Corp. Ltd. | 24470000 | 148484 |
|  \*†† | China Zhongwang Holdings Ltd. | 8794400 | 0 |
|  | CSPC Pharmaceutical Group Ltd. | 13108000 | 10324370 |
|  | CSSC Hong Kong Shipping Co. Ltd. | 3516000 | 769809 |
|  \* | CWT International Ltd. | 3990000 | 48433 |
|  \* | EverChina International Holdings Co. Ltd. | 6145000 | 59622 |
|  # | Far East Horizon Ltd. | 5369000 | 4165996 |
|  | Fosun International Ltd. | 5664500 | 2936452 |
|  \*†† | Fuguiniao Co. Ltd. | 1930000 | 0 |
|  W | Genertec Universal Medical Group Co. Ltd. | 2384000 | 1572360 |
|  | Guangdong Investment Ltd. | 8268000 | 6690604 |
|  #W | Hua Hong Semiconductor Ltd. | 1981000 | 9058783 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  #\* | HUTCHMED China Ltd., ADR | 1463 | $21726 |
|  \* | HUTCHMED China Ltd. | 323000 | 962575 |
|  | Jinmao Property Services Co. Ltd. | 122779 | 45831 |
|  # | LC Logistics, Inc. | 4000 | 9301 |
|  #\* | MMG Ltd. | 11918598 | 3607613 |
|  | Morimatsu International Holdings Co. Ltd. | 612000 | 434584 |
|  | PAX Global Technology Ltd. | 653000 | 393232 |
|  | Poly Property Group Co. Ltd. | 6036500 | 1140720 |
|  | Shanghai Industrial Holdings Ltd. | 1223000 | 1866364 |
|  # | Shenzhen Investment Ltd. | 10139720 | 1018422 |
|  # | Shoucheng Holdings Ltd. | 6317600 | 1294882 |
|  | Shougang Fushan Resources Group Ltd. | 5749565 | 1822023 |
|  W | Simcere Pharmaceutical Group Ltd. | 616000 | 696424 |
|  \* | Sinic Holdings Group Co. Ltd. | 235000 | 0 |
|  | Sinotruk Hong Kong Ltd. | 1934000 | 4647210 |
|  | Sun Art Retail Group Ltd. | 5304000 | 1265835 |
|  \*†† | Tech-Pro, Inc. | 43862000 | 0 |
|  | Tian An China Investment Co. Ltd. | 1356000 | 746650 |
|  \*†† | Tian Shan Development Holding Ltd. | 1844000 | 0 |
|  | Tianjin Development Holdings Ltd. | 1166000 | 286791 |
|  †† | Untrade.China Dili | 12625699 | 201540 |
|  \*†† | Untrade.Lumena Newmat | 363249 | 0 |
|  | Wharf Holdings Ltd. | 252000 | 632999 |
|  # | Yuexiu Property Co. Ltd. | 3955456 | 2387244 |
|  | Yuexiu Services Group Ltd. | 751500 | 278680 |
|  TOTAL HONG KONG | TOTAL HONG KONG |  | 106217533 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HUNGARY — (0.2%) | HUNGARY — (0.2%) |  |  |
|  \* | 4iG Nyrt | 107911 | $544268 |
|  | Magyar Telekom Telecommunications PLC | 615145 | 2908669 |
|  | Opus Global Nyrt | 582428 | 898988 |
|  | Richter Gedeon Nyrt | 25220 | 764887 |
|  TOTAL HUNGARY | TOTAL HUNGARY |  | 5116812 |
|  INDIA — (23.2%) | INDIA — (23.2%) |  |  |
|  | 360 ONE WAM Ltd. | 565632 | 6548433 |
|  | 3M India Ltd. | 2424 | 862304 |
|  | 63 Moons Technologies Ltd. | 3498 | 26563 |
|  | Aarti Drugs Ltd. | 89170 | 369070 |
|  | Aarti Industries Ltd. | 475647 | 2363212 |
|  | Aarti Pharmalabs Ltd. | 109660 | 928847 |
|  | Abbott India Ltd. | 15291 | 5437246 |
|  | Accelya Solutions India Ltd. | 3300 | 52203 |
|  | Action Construction Equipment Ltd. | 93884 | 1303523 |
|  | ADF Foods Ltd. | 14720 | 38541 |
|  | Aditya Birla Real Estate Ltd. | 148574 | 3378771 |
|  | Advanced Enzyme Technologies Ltd. | 151089 | 510991 |
|  | Aegis Logistics Ltd. | 466118 | 4281270 |
|  \* | Aether Industries Ltd. | 9978 | 95490 |
|  | AGI Greenpac Ltd. | 39239 | 378111 |
|  | Ahluwalia Contracts India Ltd. | 52561 | 528720 |
|  | AIA Engineering Ltd. | 156917 | 5864710 |
|  | Ajanta Pharma Ltd. | 142911 | 4549686 |
|  | Akzo Nobel India Ltd. | 42912 | 1734767 |
|  | Alembic Ltd. | 269593 | 318882 |
|  | Alembic Pharmaceuticals Ltd. | 186858 | 1923987 |
|  | Alkyl Amines Chemicals | 48225 | 971791 |
|  | Allcargo Logistics Ltd. | 851660 | 297806 |
|  \* | Allcargo Terminals Ltd. | 8316 | 2435 |
|  | Amara Raja Energy & Mobility Ltd. | 309780 | 3562777 |
|  \* | Amber Enterprises India Ltd. | 50515 | 3635891 |
|  | Amrutanjan Health Care Ltd. | 12919 | 107064 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Anant Raj Ltd. | 241161 | $1284199 |
|  | Andhra Sugars Ltd. | 99318 | 82417 |
|  | Angel One Ltd. | 48113 | 1318666 |
|  | Anup Engineering Ltd. | 532 | 18854 |
|  | Apar Industries Ltd. | 35156 | 2329325 |
|  | Apcotex Industries Ltd. | 31873 | 115534 |
|  | APL Apollo Tubes Ltd. | 254985 | 4838618 |
|  | Apollo Pipes Ltd. | 15659 | 72051 |
|  | Apollo Tyres Ltd. | 1058537 | 5891405 |
|  | Aptech Ltd. | 9093 | 16160 |
|  | Arvind Fashions Ltd. | 178503 | 838686 |
|  | Arvind Ltd. | 541245 | 2307531 |
|  | Asahi India Glass Ltd. | 337184 | 2942190 |
|  | Ashiana Housing Ltd. | 72484 | 231224 |
|  \* | Ashoka Buildcon Ltd. | 402491 | 879354 |
|  W | Aster DM Healthcare Ltd. | 293085 | 1757958 |
|  | Astra Microwave Products Ltd. | 146377 | 1424081 |
|  | AstraZeneca Pharma India Ltd. | 4051 | 414267 |
|  | Atul Ltd. | 52252 | 4152938 |
|  W | AU Small Finance Bank Ltd. | 46133 | 368966 |
|  | AurionPro Solutions Ltd. | 16984 | 285445 |
|  | Automotive Axles Ltd. | 15893 | 311406 |
|  | Avadh Sugar & Energy Ltd. | 3656 | 24206 |
|  | Avanti Feeds Ltd. | 119248 | 1227490 |
|  \* | Bajaj Consumer Care Ltd. | 121802 | 238919 |
|  \* | Bajaj Hindusthan Sugar Ltd. | 2423656 | 555667 |
|  | Bajaj Holdings & Investment Ltd. | 14445 | 2057759 |
|  | Balaji Amines Ltd. | 38797 | 581923 |
|  | Balmer Lawrie & Co. Ltd. | 230549 | 540458 |
|  | Balrampur Chini Mills Ltd. | 400664 | 2599331 |
|  | Banco Products India Ltd. | 109392 | 473927 |
|  W | Bandhan Bank Ltd. | 1120701 | 2187546 |
|  | Bank of Maharashtra | 816626 | 487487 |
|  | Bannari Amman Sugars Ltd. | 12348 | 604127 |
|  | BASF India Ltd. | 43424 | 2239324 |

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**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Bata India Ltd. | 153931 | $2187134 |
|  | Bayer CropScience Ltd. | 22864 | 1265718 |
|  | BEML Ltd. | 65577 | 2468273 |
|  \* | BF Utilities Ltd. | 59511 | 497410 |
|  | Bhansali Engineering Polymers Ltd. | 335166 | 431676 |
|  | Bharat Bijlee Ltd. | 14396 | 494095 |
|  | Bharat Dynamics Ltd. | 150832 | 2685176 |
|  | Bharat Heavy Electricals Ltd. | 2136088 | 5699667 |
|  | Bharat Rasayan Ltd. | 3159 | 355093 |
|  | Birla Corp. Ltd. | 92209 | 1160536 |
|  | BirlaNu Ltd. | 13632 | 304563 |
|  | Birlasoft Ltd. | 489436 | 2257112 |
|  \* | Black Box Ltd. | 29029 | 127756 |
|  | BLS International Services Ltd. | 104010 | 435127 |
|  | Blue Dart Express Ltd. | 17288 | 1273925 |
|  | Blue Star Ltd. | 257000 | 5190140 |
|  | Bluspring Enterprises Ltd. | 139386 | 317563 |
|  | Bombay Burmah Trading Co. | 59813 | 1315510 |
|  | Bombay Dyeing & Manufacturing Co. Ltd. | 232090 | 355459 |
|  \* | Borosil Ltd. | 24794 | 92827 |
|  \* | Borosil Renewables Ltd. | 18113 | 105013 |
|  \* | Borosil Scientific Ltd. | 18595 | 28837 |
|  | Brigade Enterprises Ltd. | 336769 | 4070664 |
|  \* | Brightcom Group Ltd. | 2455807 | 297951 |
|  | BSE Ltd. | 185803 | 14008920 |
|  | Can Fin Homes Ltd. | 232071 | 1959157 |
|  \* | Capacit'e Infraprojects Ltd. | 76517 | 320639 |
|  | Caplin Point Laboratories Ltd. | 72924 | 1606661 |
|  | Carborundum Universal Ltd. | 259767 | 3131618 |
|  | Care Ratings Ltd. | 67165 | 966419 |
|  \* | Cartrade Tech Ltd. | 31970 | 647186 |
|  | Carysil Ltd. | 18432 | 132772 |
|  | Castrol India Ltd. | 1016603 | 2368757 |
|  | CCL Products India Ltd. | 270942 | 1875973 |
|  | CE Info Systems Ltd. | 13707 | 288227 |
|  | Ceat Ltd. | 72128 | 2804964 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Central Depository Services India Ltd. | 349616 | $5449652 |
|  | Century Enka Ltd. | 24543 | 149015 |
|  | Century Plyboards India Ltd. | 196359 | 1622227 |
|  | Cera Sanitaryware Ltd. | 17580 | 1110091 |
|  | CESC Ltd. | 1864899 | 3474083 |
|  \* | Chalet Hotels Ltd. | 38836 | 360652 |
|  | Chambal Fertilisers & Chemicals Ltd. | 465051 | 3797518 |
|  | Chennai Petroleum Corp. Ltd. | 157831 | 1126613 |
|  \* | Choice International Ltd. | 10876 | 78529 |
|  | Cholamandalam Financial Holdings Ltd. | 371075 | 8179608 |
|  | CIE Automotive India Ltd. | 431037 | 2049799 |
|  | City Union Bank Ltd. | 1059281 | 2204586 |
|  | CMS Info Systems Ltd. | 79512 | 411108 |
|  W | Cochin Shipyard Ltd. | 220413 | 4141504 |
|  | Coforge Ltd. | 86587 | 7518517 |
|  | Computer Age Management Services Ltd. | 101936 | 4679756 |
|  | Confidence Petroleum India Ltd. | 147265 | 89836 |
|  | Coromandel International Ltd. | 158239 | 4146009 |
|  | Cosmo First Ltd. | 13427 | 93395 |
|  | CreditAccess Grameen Ltd. | 129564 | 1655096 |
|  | CRISIL Ltd. | 45879 | 2418226 |
|  | Crompton Greaves Consumer Electricals Ltd. | 1391327 | 5549464 |
|  \* | CSB Bank Ltd. | 134975 | 565647 |
|  | Cyient Ltd. | 151592 | 2121970 |
|  | Dalmia Bharat Ltd. | 63329 | 1450019 |
|  | Dalmia Bharat Sugar & Industries Ltd. | 22506 | 99583 |
|  | Datamatics Global Services Ltd. | 10803 | 75440 |
|  | DB Corp. Ltd. | 141983 | 409041 |
|  | DCB Bank Ltd. | 653604 | 1038185 |
|  | DCM Shriram Industries Ltd. | 8486 | 17981 |
|  | DCM Shriram Ltd. | 127523 | 1504216 |
|  \* | DCW Ltd. | 319843 | 298652 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Deepak Fertilisers & Petrochemicals Corp. Ltd. | 187415 | $2832050 |
|  | Deepak Nitrite Ltd. | 139098 | 3182559 |
|  \* | Delhivery Ltd. | 396523 | 1432320 |
|  | Delta Corp. Ltd. | 446857 | 488856 |
|  \* | DEN Networks Ltd. | 148052 | 56985 |
|  \* | Dhani Services Ltd. | 143027 | 97285 |
|  | Dhanuka Agritech Ltd. | 38001 | 584456 |
|  | Digitide Solutions Ltd. | 139386 | 264174 |
|  W | Dilip Buildcon Ltd. | 45720 | 228893 |
|  \* | Dishman Carbogen Amcis Ltd. | 171479 | 390152 |
|  | Dixon Technologies India Ltd. | 64295 | 12494386 |
|  | Dollar Industries Ltd. | 20031 | 90648 |
|  W | Dr. Lal PathLabs Ltd. | 104974 | 3421204 |
|  \* | Dwarikesh Sugar Industries Ltd. | 181312 | 85672 |
|  | Dynamatic Technologies Ltd. | 2093 | 155503 |
|  | eClerx Services Ltd. | 89380 | 2635961 |
|  | Edelweiss Financial Services Ltd. | 1280420 | 1199042 |
|  \* | EID Parry India Ltd. | 250294 | 2415665 |
|  | EIH Associated Hotels | 15418 | 64050 |
|  | EIH Ltd. | 200059 | 875960 |
|  | Elecon Engineering Co. Ltd. | 34246 | 220148 |
|  | Electrosteel Castings Ltd. | 1333553 | 1529522 |
|  | Elgi Equipments Ltd. | 523096 | 2749005 |
|  | Emami Ltd. | 529450 | 3878930 |
|  \* | Embassy Developments Ltd. | 1355104 | 1566390 |
|  W | Endurance Technologies Ltd. | 53705 | 1191957 |
|  | Engineers India Ltd. | 737796 | 1551424 |
|  | Epigral Ltd. | 47103 | 966489 |
|  | EPL Ltd. | 379234 | 850045 |
|  W | Equitas Small Finance Bank Ltd. | 1576171 | 1243287 |
|  W | Eris Lifesciences Ltd. | 110810 | 1889928 |
|  | ESAB India Ltd. | 10199 | 555184 |
|  | Escorts Kubota Ltd. | 58332 | 2237034 |
|  | Everest Industries Ltd. | 6837 | 40115 |
|  | Exide Industries Ltd. | 798668 | 3285636 |
|  | FDC Ltd. | 169618 | 844991 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  \* | Federal-Mogul Goetze India Ltd. | 26987 | $105470 |
|  | FIEM Industries Ltd. | 19282 | 326871 |
|  | Fine Organic Industries Ltd. | 14450 | 704588 |
|  \* | Fino Payments Bank Ltd. | 13562 | 39292 |
|  | Finolex Cables Ltd. | 247461 | 2533916 |
|  | Finolex Industries Ltd. | 891098 | 1833329 |
|  | Firstsource Solutions Ltd. | 1067513 | 4252931 |
|  | Force Motors Ltd. | 12314 | 1299262 |
|  | Fortis Healthcare Ltd. | 1294231 | 10412559 |
|  | Gabriel India Ltd. | 222859 | 1421579 |
|  | Galaxy Surfactants Ltd. | 22618 | 556765 |
|  | Ganesh Housing Corp. Ltd. | 26347 | 338595 |
|  | Garware Technical Fibres Ltd. | 172950 | 1752244 |
|  | Gateway Distriparks Ltd. | 989201 | 698519 |
|  | GE Vernova T&D India Ltd. | 41617 | 762484 |
|  | GHCL Ltd. | 188128 | 1289382 |
|  | GHCL Textiles Ltd. | 185148 | 173000 |
|  | GIC Housing Finance Ltd. | 94840 | 196579 |
|  | Gillette India Ltd. | 18742 | 1781026 |
|  | GlaxoSmithKline Pharmaceuticals Ltd. | 35659 | 1237999 |
|  | Glenmark Pharmaceuticals Ltd. | 322163 | 5247810 |
|  \* | Global Health Ltd. | 25989 | 368886 |
|  | GMM Pfaudler Ltd. | 64055 | 776163 |
|  \* | Go Fashion India Ltd. | 2439 | 22902 |
|  | Godawari Power & Ispat Ltd. | 547630 | 1165807 |
|  | Godfrey Phillips India Ltd. | 45867 | 4415480 |
|  W | Godrej Agrovet Ltd. | 48105 | 433710 |
|  \* | Godrej Industries Ltd. | 179235 | 2294594 |
|  \* | Gokaldas Exports Ltd. | 13098 | 131547 |
|  | Goodyear India Ltd. | 11757 | 125166 |
|  | Granules India Ltd. | 409109 | 2191023 |
|  | Graphite India Ltd. | 200922 | 1082148 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Grauer & Weil India Ltd. | 285408 | $284795 |
|  | Gravita India Ltd. | 46021 | 952572 |
|  | Great Eastern Shipping Co. Ltd. | 267452 | 2755217 |
|  | Greaves Cotton Ltd. | 294290 | 683033 |
|  | Greenlam Industries Ltd. | 91568 | 223291 |
|  | Greenpanel Industries Ltd. | 91877 | 256080 |
|  | Greenply Industries Ltd. | 97847 | 335461 |
|  | Grindwell Norton Ltd. | 115976 | 2305870 |
|  | Gujarat Alkalies & Chemicals Ltd. | 97139 | 696706 |
|  | Gujarat Ambuja Exports Ltd. | 487116 | 678597 |
|  | Gujarat Fluorochemicals Ltd. | 69796 | 3169343 |
|  | Gujarat Industries Power Co. Ltd. | 176262 | 378367 |
|  | Gujarat Mineral Development Corp. Ltd. | 235508 | 842747 |
|  | Gujarat Narmada Valley Fertilizers & Chemicals Ltd. | 229748 | 1322564 |
|  | Gujarat Pipavav Port Ltd. | 794194 | 1257313 |
|  | Gujarat State Fertilizers & Chemicals Ltd. | 646462 | 1421299 |
|  | Gujarat State Petronet Ltd. | 856449 | 3238343 |
|  | Gulf Oil Lubricants India Ltd. | 44273 | 622952 |
|  | Happiest Minds Technologies Ltd. | 101903 | 687184 |
|  \* | Hathway Cable & Datacom Ltd. | 1222690 | 194588 |
|  | Hatsun Agro Product Ltd. | 130161 | 1402453 |
|  | HBL Engineering Ltd. | 305656 | 1738298 |
|  \* | HealthCare Global Enterprises Ltd. | 71139 | 477953 |
|  | HEG Ltd. | 188405 | 1035051 |
|  | HeidelbergCement India Ltd. | 200096 | 451700 |
|  | Heritage Foods Ltd. | 117371 | 543563 |
|  | Hester Biosciences Ltd. | 8257 | 173225 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | HFCL Ltd. | 2094768 | $1955963 |
|  | HG Infra Engineering Ltd. | 48180 | 612735 |
|  | Hikal Ltd. | 161317 | 739120 |
|  | Himadri Speciality Chemical Ltd. | 640903 | 3304083 |
|  | Himatsingka Seide Ltd. | 28673 | 47468 |
|  | Hinduja Global Solutions Ltd. | 30211 | 174920 |
|  \* | Hindustan Construction Co. Ltd. | 825134 | 251043 |
|  | Hindustan Copper Ltd. | 654730 | 1647303 |
|  \* | Hindustan Oil Exploration Co. Ltd. | 190919 | 413634 |
|  | Hindware Home Innovation Ltd. | 41066 | 95853 |
|  | Hitachi Energy India Ltd. | 10404 | 1771252 |
|  | Honda India Power Products Ltd. | 12211 | 295184 |
|  | Huhtamaki India Ltd. | 70534 | 159460 |
|  | ICICI Bank Ltd. (ICICIBC IN) | 128687 | 2159042 |
|  | ICRA Ltd. | 7574 | 498255 |
|  \* | IDFC First Bank Ltd. | 1186227 | 913130 |
|  \* | IFB Industries Ltd. | 32347 | 494785 |
|  | IIFL Capital Services Ltd. | 183211 | 478497 |
|  \* | IIFL Finance Ltd. | 592303 | 2507916 |
|  \* | India Cements Ltd. | 203480 | 741875 |
|  | India Glycols Ltd. | 41249 | 677768 |
|  | India Power Corp. Ltd. | 61074 | 9176 |
|  W | IndiaMart InterMesh Ltd. | 4196 | 113895 |
|  W | Indian Energy Exchange Ltd. | 1060324 | 2394274 |
|  | Indian Metals & Ferro Alloys Ltd. | 2364 | 16520 |
|  | Indo Count Industries Ltd. | 189824 | 677124 |
|  | Indoco Remedies Ltd. | 113141 | 308481 |
|  | Indraprastha Gas Ltd. | 1060760 | 2404364 |
|  | Infibeam Avenues Ltd. | 3341715 | 675483 |
|  | Ingersoll Rand India Ltd. | 22602 | 1000276 |
|  \* | Inox Wind Ltd. | 796313 | 1581671 |

---

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**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Insecticides India Ltd. | 5021 | $40974 |
|  | Intellect Design Arena Ltd. | 208310 | 1935573 |
|  | IOL Chemicals & Pharmaceuticals Ltd. | 235470 | 178688 |
|  | ION Exchange India Ltd. | 30948 | 183060 |
|  | Ipca Laboratories Ltd. | 355796 | 5831584 |
|  W | IRCON International Ltd. | 843731 | 1516539 |
|  | ISGEC Heavy Engineering Ltd. | 48631 | 645490 |
|  | J Kumar Infraprojects Ltd. | 94348 | 736586 |
|  | Jagran Prakashan Ltd. | 58629 | 50235 |
|  | Jai Corp. Ltd. | 101786 | 106931 |
|  \* | Jaiprakash Power Ventures Ltd. | 9172137 | 1577270 |
|  | Jammu & Kashmir Bank Ltd. | 877546 | 983308 |
|  | Jamna Auto Industries Ltd. | 584889 | 553850 |
|  | JB Chemicals & Pharmaceuticals Ltd. | 262387 | 5006026 |
|  | JBM Auto Ltd. | 140291 | 1072605 |
|  | Jindal Poly Films Ltd. | 54125 | 404772 |
|  | Jindal Saw Ltd. | 1093256 | 3203810 |
|  | Jindal Stainless Ltd. | 511945 | 3516247 |
|  | JK Cement Ltd. | 105506 | 6372995 |
|  | JK Lakshmi Cement Ltd. | 174734 | 1588591 |
|  | JK Paper Ltd. | 225536 | 836773 |
|  | JK Tyre & Industries Ltd. | 318098 | 1166107 |
|  | JM Financial Ltd. | 1282474 | 1524018 |
|  | JTEKT India Ltd. | 162164 | 272346 |
|  | Jubilant Foodworks Ltd. | 756844 | 6387230 |
|  | Jubilant Ingrevia Ltd. | 413662 | 3168656 |
|  | Jubilant Pharmova Ltd. | 237531 | 2485111 |
|  \* | Just Dial Ltd. | 49938 | 548174 |
|  | Jyothy Labs Ltd. | 475110 | 2091040 |
|  \* | Jyoti Structures Ltd. | 82713 | 17811 |
|  | Kajaria Ceramics Ltd. | 283766 | 2688910 |
|  | Kalpataru Projects International Ltd. | 277203 | 3169686 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Kalyani Steels Ltd. | 73704 | $606386 |
|  | Kansai Nerolac Paints Ltd. | 174538 | 529305 |
|  | Karnataka Bank Ltd. | 716085 | 1661446 |
|  | Karur Vysya Bank Ltd. | 1417220 | 3652549 |
|  | Kaveri Seed Co. Ltd. | 69408 | 1173697 |
|  | KCP Ltd. | 138614 | 326042 |
|  | KDDL Ltd. | 399 | 12216 |
|  | KEC International Ltd. | 324440 | 2684421 |
|  | KEI Industries Ltd. | 81334 | 2931990 |
|  | Kennametal India Ltd. | 13037 | 318650 |
|  \* | Kewal Kiran Clothing Ltd. | 24568 | 129766 |
|  | Kirloskar Brothers Ltd. | 62533 | 1265082 |
|  | Kirloskar Ferrous Industries Ltd. | 89799 | 488577 |
|  | Kirloskar Industries Ltd. | 264 | 9332 |
|  | Kirloskar Oil Engines Ltd. | 224138 | 1975857 |
|  | Kirloskar Pneumatic Co. Ltd. | 1037 | 13796 |
|  | KNR Constructions Ltd. | 395031 | 1017717 |
|  | Kolte-Patil Developers Ltd. | 59333 | 237001 |
|  | KPIT Technologies Ltd. | 110248 | 1625509 |
|  | KPR Mill Ltd. | 401056 | 4744601 |
|  | KRBL Ltd. | 147046 | 542335 |
|  \*W | Krishna Institute of Medical Sciences Ltd. | 276690 | 2141875 |
|  | Krsnaa Diagnostics Ltd. | 12943 | 112120 |
|  | KSB Ltd. | 233155 | 2003358 |
|  | L&T Finance Ltd. | 845385 | 1642801 |
|  | LA Opala RG Ltd. | 117842 | 318105 |
|  W | Laurus Labs Ltd. | 780770 | 5565349 |
|  | Laxmi Organic Industries Ltd. | 7409 | 15264 |
|  \*W | Lemon Tree Hotels Ltd. | 626352 | 1006735 |
|  | LG Balakrishnan & Bros Ltd. | 51169 | 717775 |
|  | LIC Housing Finance Ltd. | 605311 | 4298504 |
|  | Linde India Ltd. | 16790 | 1257614 |
|  | Lloyds Engineering Works Ltd. | 116192 | 74822 |

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**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | LMW Ltd. | 12051 | $2309801 |
|  | LT Foods Ltd. | 489233 | 1999892 |
|  | Lumax Auto Technologies Ltd. | 70535 | 433655 |
|  | Lumax Industries Ltd. | 3899 | 108587 |
|  | LUX Industries Ltd. | 18138 | 294010 |
|  | Mahanagar Gas Ltd. | 153748 | 2436413 |
|  | Maharashtra Scooters Ltd. | 3724 | 503384 |
|  | Maharashtra Seamless Ltd. | 190203 | 1469704 |
|  | Mahindra & Mahindra Financial Services Ltd. | 1255736 | 3886815 |
|  \* | Mahindra Holidays & Resorts India Ltd. | 232632 | 850408 |
|  | Mahindra Lifespace Developers Ltd. | 293220 | 1188275 |
|  | Maithan Alloys Ltd. | 14578 | 159837 |
|  \* | Man Industries India Ltd. | 5439 | 17595 |
|  | Man Infraconstruction Ltd. | 287717 | 519652 |
|  | Manappuram Finance Ltd. | 1740298 | 4742303 |
|  | Mangalam Cement Ltd. | 22675 | 205837 |
|  | Mangalore Refinery & Petrochemicals Ltd. | 418494 | 663442 |
|  | Marksans Pharma Ltd. | 647499 | 1670794 |
|  W | MAS Financial Services Ltd. | 129441 | 408469 |
|  | Mastek Ltd. | 43101 | 1070091 |
|  \* | Max Estates Ltd. | 53673 | 259564 |
|  \* | Max Financial Services Ltd. | 11941 | 183524 |
|  | Mayur Uniquoters Ltd. | 54867 | 298842 |
|  \* | Medplus Health Services Ltd. | 8246 | 76835 |
|  \* | Meghmani Organics Ltd. | 328578 | 264175 |
|  \*W | Metropolis Healthcare Ltd. | 60902 | 1226501 |
|  | Minda Corp. Ltd. | 188825 | 1088237 |
|  W | Mishra Dhatu Nigam Ltd. | 119834 | 434514 |
|  | MM Forgings Ltd. | 33082 | 133177 |
|  | MOIL Ltd. | 185346 | 691738 |
|  | Monte Carlo Fashions Ltd. | 21677 | 146469 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  \* | Morepen Laboratories Ltd. | 1033156 | $732765 |
|  | Motherson Sumi Wiring India Ltd. | 4360100 | 2871405 |
|  | Motilal Oswal Financial Services Ltd. | 367277 | 2833361 |
|  | MPS Ltd. | 887 | 23730 |
|  | Mrs Bectors Food Specialities Ltd. | 57218 | 1003441 |
|  | MSTC Ltd. | 94763 | 573550 |
|  | Narayana Hrudayalaya Ltd. | 212281 | 4377387 |
|  | Natco Pharma Ltd. | 286689 | 2883298 |
|  | National Aluminium Co. Ltd. | 1982213 | 3663779 |
|  | National Fertilizers Ltd. | 169354 | 168376 |
|  | Nava Ltd. | 226977 | 1221969 |
|  | Navin Fluorine International Ltd. | 3653 | 195108 |
|  | Navneet Education Ltd. | 303914 | 512219 |
|  | NCC Ltd. | 1200069 | 3000609 |
|  | NCL Industries Ltd. | 16947 | 42144 |
|  | NELCO Ltd. | 31661 | 307830 |
|  | Neogen Chemicals Ltd. | 8605 | 156178 |
|  | NESCO Ltd. | 76896 | 855748 |
|  | Neuland Laboratories Ltd. | 18322 | 2592212 |
|  | Newgen Software Technologies Ltd. | 136406 | 1591919 |
|  | NIIT Learning Systems Ltd. | 284726 | 1254959 |
|  | NIIT Ltd. | 285432 | 435585 |
|  | Nilkamal Ltd. | 20926 | 396949 |
|  W | Nippon Life India Asset Management Ltd. | 216583 | 1621042 |
|  | NLC India Ltd. | 547232 | 1472097 |
|  | NOCIL Ltd. | 301922 | 626722 |
|  | Novartis India Ltd. | 790 | 7171 |
|  | NRB Bearings Ltd. | 156167 | 401204 |
|  | Nucleus Software Exports Ltd. | 27708 | 284272 |
|  | Nuvama Wealth Management Ltd. | 15204 | 1103451 |
|  \* | Odigma Consultancy Solutions Ltd. | 988 | 426 |
|  \* | Onesource Specialty Pharma Ltd. | 89435 | 1710913 |

---

1021

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Oracle Financial Services Software Ltd. | 439 | $45202 |
|  | Orient Cement Ltd. | 376080 | 1551216 |
|  | Orient Electric Ltd. | 310823 | 853964 |
|  | Oriental Hotels Ltd. | 130729 | 219580 |
|  | Page Industries Ltd. | 1554 | 831472 |
|  | Paisalo Digital Ltd. | 1157340 | 440648 |
|  | Panama Petrochem Ltd. | 50945 | 220606 |
|  W | Parag Milk Foods Ltd., Class F | 140518 | 299147 |
|  \* | Patel Engineering Ltd. | 758714 | 384208 |
|  \* | PC Jeweller Ltd. | 3986540 | 576984 |
|  | PCBL Chemical Ltd. | 240479 | 1017688 |
|  | PDS Ltd. | 1839 | 8138 |
|  | Persistent Systems Ltd. | 90516 | 5661808 |
|  | Petronet LNG Ltd. | 1528876 | 5667986 |
|  | PG Electroplast Ltd. | 6020 | 60420 |
|  | Phoenix Mills Ltd. | 567725 | 11025054 |
|  | Piramal Enterprises Ltd. | 296396 | 3378453 |
|  | Piramal Pharma Ltd. | 1199509 | 2997074 |
|  \*W | PNB Housing Finance Ltd. | 346684 | 4157094 |
|  | PNC Infratech Ltd. | 305822 | 959407 |
|  | Poly Medicure Ltd. | 45120 | 1377412 |
|  | Polyplex Corp. Ltd. | 53588 | 773196 |
|  \* | Poonawalla Fincorp Ltd. | 446130 | 1984290 |
|  | Power Mech Projects Ltd. | 31344 | 978906 |
|  | Praj Industries Ltd. | 390064 | 2132873 |
|  | Prakash Industries Ltd. | 291132 | 591704 |
|  W | Prataap Snacks Ltd. | 8396 | 120308 |
|  | Prestige Estates Projects Ltd. | 184217 | 2977864 |
|  \* | Pricol Ltd. | 140462 | 728334 |
|  | Prince Pipes & Fittings Ltd. | 13941 | 41617 |
|  \* | Prism Johnson Ltd. | 417838 | 609634 |
|  | Privi Speciality Chemicals Ltd. | 4920 | 115521 |
|  | Procter & Gamble Health Ltd. | 28843 | 1726423 |
|  \* | PSP Projects Ltd. | 29571 | 221950 |
|  \* | PTC India Financial Services Ltd. | 487922 | 184125 |
|  | PTC India Ltd. | 659382 | 1377385 |
|  W | Quess Corp. Ltd. | 139386 | 541687 |
|  | Radico Khaitan Ltd. | 11102 | 320492 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Rain Industries Ltd. | 550413 | $915844 |
|  \* | Rajesh Exports Ltd. | 107523 | 229897 |
|  | Rallis India Ltd. | 276838 | 775859 |
|  | Ramco Cements Ltd. | 300320 | 3347771 |
|  | Ramco Industries Ltd. | 84907 | 230715 |
|  \* | Ramco Systems Ltd. | 7706 | 34064 |
|  | Ramkrishna Forgings Ltd. | 194449 | 1367743 |
|  \* | Ramky Infrastructure Ltd. | 8084 | 44614 |
|  | Rane Holdings Ltd. | 10752 | 163019 |
|  | Rashtriya Chemicals & Fertilizers Ltd. | 485909 | 782866 |
|  | Ratnamani Metals & Tubes Ltd. | 90764 | 2906032 |
|  \* | RattanIndia Power Ltd. | 3444681 | 405143 |
|  \* | Raymond Lifestyle Ltd. | 94348 | 1072481 |
|  | Raymond Ltd. | 117935 | 2121439 |
|  W | RBL Bank Ltd. | 241487 | 568789 |
|  | REC Ltd. | 973417 | 4831740 |
|  | Redington Ltd. | 1877512 | 5440643 |
|  | Redtape Ltd. | 256716 | 400295 |
|  | Relaxo Footwears Ltd. | 100521 | 484824 |
|  | Reliance Industrial Infrastructure Ltd. | 25913 | 260227 |
|  \* | Reliance Infrastructure Ltd. | 568950 | 1708270 |
|  \* | Reliance Power Ltd. | 7901815 | 3731640 |
|  \* | Religare Enterprises Ltd. | 18107 | 45136 |
|  | Repco Home Finance Ltd. | 113030 | 534751 |
|  | Rico Auto Industries Ltd. | 241078 | 181565 |
|  | RITES Ltd. | 284948 | 758784 |
|  | Rossari Biotech Ltd. | 25892 | 200659 |
|  | Route Mobile Ltd. | 21392 | 240927 |
|  \* | RPSG Ventures Ltd. | 962 | 9243 |
|  \* | RSWM Ltd. | 523 | 895 |
|  | Safari Industries India Ltd. | 39729 | 939869 |
|  | Sagar Cements Ltd. | 64282 | 160272 |
|  | Sammaan Capital Ltd. | 140241 | 200701 |
|  | Sandhar Technologies Ltd. | 11788 | 51470 |
|  | Sanghvi Movers Ltd. | 75230 | 235533 |
|  | Sanofi Consumer Healthcare India Ltd. | 28063 | 1636622 |

---

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Sanofi India Ltd. | 28063 | $1972381 |
|  W | Sansera Engineering Ltd. | 1702 | 21645 |
|  \* | Sapphire Foods India Ltd. | 85750 | 321329 |
|  | Sarda Energy & Minerals Ltd. | 223926 | 1201728 |
|  | Saregama India Ltd. | 45407 | 280917 |
|  | Sasken Technologies Ltd. | 14843 | 266601 |
|  \* | Satin Creditcare Network Ltd. | 62972 | 122483 |
|  | Savita Oil Technologies Ltd. | 44897 | 196869 |
|  | Schaeffler India Ltd. | 2890 | 118313 |
|  \* | Schneider Electric Infrastructure Ltd. | 184071 | 1258956 |
|  \* | SEPC Ltd. | 689964 | 114659 |
|  \* | Sequent Scientific Ltd. | 194288 | 329806 |
|  | Seshasayee Paper & Boards Ltd. | 74280 | 237634 |
|  W | SH Kelkar & Co. Ltd. | 112725 | 265012 |
|  | Shakti Pumps India Ltd. | 34950 | 348082 |
|  | Shankara Building Products Ltd. | 21255 | 152238 |
|  | Shanthi Gears Ltd. | 29927 | 168793 |
|  | Sharda Cropchem Ltd. | 69254 | 447882 |
|  | Sharda Motor Industries Ltd. | 9285 | 187574 |
|  \* | Shilpa Medicare Ltd. | 113879 | 868299 |
|  | Shipping Corp. of India Land & Assets Ltd. | 371784 | 209498 |
|  | Shipping Corp. of India Ltd. | 451179 | 945437 |
|  | Shivalik Bimetal Controls Ltd. | 2390 | 12333 |
|  \* | Shoppers Stop Ltd. | 114654 | 692499 |
|  | Shriram Pistons & Rings Ltd. | 4790 | 102146 |
|  \* | SIS Ltd. | 65864 | 263153 |
|  | Siyaram Silk Mills Ltd. | 26830 | 209783 |
|  | SJS Enterprises Ltd. | 5140 | 56490 |
|  | SKF India Ltd. | 76229 | 3499678 |
|  | Skipper Ltd. | 19548 | 105229 |
|  | Snowman Logistics Ltd. | 17529 | 10744 |
|  | Sobha Ltd. | 113651 | 1782396 |
|  | Solar Industries India Ltd. | 19481 | 3029115 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  \* | Solara Active Pharma Sciences Ltd. | 22354 | $130685 |
|  | Somany Ceramics Ltd. | 18088 | 90193 |
|  | Sonata Software Ltd. | 493926 | 2439930 |
|  | South Indian Bank Ltd. | 5425753 | 1649263 |
|  \* | SP Apparels Ltd. | 4719 | 40720 |
|  \* | Spandana Sphoorty Financial Ltd. | 12820 | 41630 |
|  \* | Star Cement Ltd. | 226872 | 589039 |
|  \* | Sterlite Technologies Ltd. | 539079 | 393274 |
|  | STL Networks Ltd. | 539079 | 165009 |
|  | Strides Pharma Science Ltd. | 178870 | 1361000 |
|  \* | Stylam Industries Ltd. | 10286 | 191394 |
|  | Styrenix Performance Materials Ltd. | 6546 | 212010 |
|  | Subros Ltd. | 75571 | 536987 |
|  | Sudarshan Chemical Industries Ltd. | 100071 | 1204583 |
|  | Sumitomo Chemical India Ltd. | 171787 | 1030041 |
|  | Sun TV Network Ltd. | 275300 | 2017497 |
|  | Sundaram Finance Ltd. | 114508 | 7094559 |
|  | Sundaram-Clayton Ltd. | 8020 | 187940 |
|  | Sundram Fasteners Ltd. | 313352 | 3394630 |
|  | Sundrop Brands Ltd. | 47445 | 432630 |
|  \* | Sunflag Iron & Steel Co. Ltd. | 74248 | 204778 |
|  | Sunteck Realty Ltd. | 148817 | 706015 |
|  | Suprajit Engineering Ltd. | 225030 | 1022327 |
|  | Supreme Industries Ltd. | 39021 | 1632604 |
|  | Supreme Petrochem Ltd. | 295350 | 2281245 |
|  | Surya Roshni Ltd. | 204204 | 618449 |
|  \* | Suven Pharmaceuticals Ltd. | 430036 | 5781222 |
|  \* | Suzlon Energy Ltd. | 14636055 | 9690091 |
|  | Swaraj Engines Ltd. | 19779 | 954424 |
|  | Symphony Ltd. | 1113 | 15153 |
|  W | Syngene International Ltd. | 385900 | 2873371 |
|  | Tamil Nadu Newsprint & Papers Ltd. | 67178 | 104868 |

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**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Tamilnad Mercantile Bank Ltd. | 7414 | $38448 |
|  | Tanla Platforms Ltd. | 107759 | 607924 |
|  \* | TARC Ltd. | 153004 | 279734 |
|  | Tata Chemicals Ltd. | 411314 | 4061092 |
|  | Tata Consumer Products Ltd. | 20367 | 279640 |
|  | TCI Express Ltd. | 55854 | 449768 |
|  | TD Power Systems Ltd. | 162475 | 823023 |
|  \* | TeamLease Services Ltd. | 7804 | 173592 |
|  | Techno Electric & Engineering Co. Ltd. | 186669 | 2342296 |
|  | Tega Industries Ltd. | 4511 | 71780 |
|  | Texmaco Rail & Engineering Ltd. | 584579 | 933154 |
|  | Thirumalai Chemicals Ltd. | 138878 | 406183 |
|  | Thomas Cook India Ltd. | 348484 | 553568 |
|  W | Thyrocare Technologies Ltd. | 48504 | 502502 |
|  | Tilaknagar Industries Ltd. | 216288 | 728073 |
|  | Time Technoplast Ltd. | 390193 | 1549090 |
|  | Timken India Ltd. | 81973 | 2377988 |
|  | Tips Music Ltd. | 3936 | 29356 |
|  | Titagarh Rail System Ltd. | 163671 | 1442924 |
|  | Torrent Power Ltd. | 194280 | 3519679 |
|  | Tourism Finance Corp. of India Ltd. | 138784 | 325478 |
|  | Transformers & Rectifiers India Ltd. | 8248 | 48139 |
|  | TransIndia Real Estate Ltd. | 109995 | 43780 |
|  | Transport Corp. of India Ltd. | 96643 | 1187483 |
|  | Trident Ltd. | 4096218 | 1295622 |
|  | Triveni Engineering & Industries Ltd. | 253714 | 1227081 |
|  | Triveni Turbine Ltd. | 387061 | 2355148 |
|  | TTK Prestige Ltd. | 141160 | 1013672 |
|  | Tube Investments of India Ltd. | 80258 | 2739137 |
|  | TVS Holdings Ltd. | 12192 | 1311535 |
|  | TVS Srichakra Ltd. | 11862 | 400268 |
|  | Uflex Ltd. | 108416 | 709652 |
|  \* | Ugro Capital Ltd. | 83237 | 171730 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  W | Ujjivan Small Finance Bank Ltd. | 3938057 | $1980034 |
|  \* | Unichem Laboratories Ltd. | 96528 | 686955 |
|  | UNO Minda Ltd. | 171664 | 1800099 |
|  | Usha Martin Ltd. | 407568 | 1399437 |
|  | UTI Asset Management Co. Ltd. | 91049 | 1092325 |
|  \* | VA Tech Wabag Ltd. | 109564 | 1673569 |
|  | Vaibhav Global Ltd. | 225817 | 581155 |
|  \* | Valor Estate Ltd. | 178250 | 367739 |
|  | Vardhman Textiles Ltd. | 450962 | 2408100 |
|  \*W | Varroc Engineering Ltd. | 107533 | 549293 |
|  | Vedant Fashions Ltd. | 41234 | 377879 |
|  | Veedol Corporation Ltd. | 17712 | 307611 |
|  | Venky's India Ltd. | 16396 | 326870 |
|  | Vesuvius India Ltd. | 18323 | 1007299 |
|  | V-Guard Industries Ltd. | 543229 | 2316053 |
|  | Vimta Labs Ltd. | 17648 | 210004 |
|  | Vinati Organics Ltd. | 91094 | 1743378 |
|  | Vindhya Telelinks Ltd. | 15503 | 244208 |
|  \* | VL E-Governance & IT Solutions Ltd. | 67240 | 38220 |
|  \* | V-Mart Retail Ltd. | 8860 | 342082 |
|  | Voltamp Transformers Ltd. | 13311 | 1150147 |
|  | Voltas Ltd. | 80578 | 1177482 |
|  | VRL Logistics Ltd. | 106773 | 574492 |
|  | VST Industries Ltd. | 187500 | 643142 |
|  | VST Tillers Tractors Ltd. | 13066 | 546318 |
|  | Welspun Corp. Ltd. | 393665 | 3563127 |
|  | Welspun Enterprises Ltd. | 232271 | 1301189 |
|  | Welspun Living Ltd. | 1125113 | 1679353 |
|  | West Coast Paper Mills Ltd. | 100504 | 530622 |
|  \* | Westlife Foodworld Ltd. | 159939 | 1250086 |
|  | Whirlpool of India Ltd. | 36837 | 544960 |
|  \* | Wockhardt Ltd. | 165786 | 2548365 |
|  | Wonderla Holidays Ltd. | 34714 | 276883 |
|  | Zee Entertainment Enterprises Ltd. | 866653 | 1084562 |
|  | Zen Technologies Ltd. | 1475 | 24580 |

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1024

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Zensar Technologies Ltd. | 344704 | $2943624 |
|  | Zydus Wellness Ltd. | 29306 | 610243 |
|  TOTAL INDIA | TOTAL INDIA |  | 802597164 |
|  INDONESIA — (1.5%) | INDONESIA — (1.5%) |  |  |
|  | ABM Investama Tbk. PT | 387800 | 77608 |
|  \* | Adaro Minerals Indonesia Tbk. PT | 208100 | 11292 |
|  | Adi Sarana Armada Tbk. PT | 932100 | 38548 |
|  \* | Agung Semesta Sejahtera Tbk. PT | 14394300 | 7788 |
|  | AKR Corporindo Tbk. PT | 17770400 | 1348712 |
|  | Aneka Tambang Tbk. PT | 6829700 | 892678 |
|  \*†† | Armidian Karyatama Tbk. PT | 844800 | 0 |
|  | Arwana Citramulia Tbk. PT | 8118800 | 287150 |
|  | Aspirasi Hidup Indonesia Tbk. PT | 15779200 | 508023 |
|  | Astra Agro Lestari Tbk. PT | 295500 | 105870 |
|  | Astra Otoparts Tbk. PT | 2355600 | 309384 |
|  | Avia Avian Tbk. PT | 9839900 | 246998 |
|  \*†† | Bakrie Telecom Tbk. PT | 49756298 | 0 |
|  | Bank Amar Indonesia Tbk. PT | 8332428 | 84372 |
|  \* | Bank Ina Perdana PT | 3565300 | 928506 |
|  \* | Bank Jago Tbk. PT | 86100 | 9595 |
|  \* | Bank Mayapada International Tbk. PT | 3046796 | 36117 |
|  | Bank Maybank Indonesia Tbk. PT | 7464300 | 92522 |
|  \* | Bank Nationalnobu Tbk. PT | 1307304 | 50047 |
|  \* | Bank Neo Commerce Tbk. PT | 7934700 | 124351 |
|  | Bank OCBC Nisp Tbk. PT | 6711200 | 527504 |
|  \* | Bank Pan Indonesia Tbk. PT | 11783200 | 1141815 |
|  | Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk. PT | 5539912 | 288809 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  \* | Bank Pembangunan Daerah Jawa Timur Tbk. PT | 6590400 | $206385 |
|  | Bank Tabungan Negara Persero Tbk. PT | 7114825 | 452273 |
|  | BFI Finance Indonesia Tbk. PT | 17126300 | 904959 |
|  | BISI International Tbk. PT | 4343500 | 264411 |
|  | Blue Bird Tbk. PT | 651600 | 67996 |
|  \* | Buana Lintas Lautan Tbk. PT | 14502300 | 102226 |
|  \* | Bukalapak.com Tbk. PT | 105269500 | 920959 |
|  | Bukit Asam Tbk. PT | 9041900 | 1503654 |
|  | Buma Internasional Grup Tbk. PT | 13195400 | 319831 |
|  \* | Bumi Resources Minerals Tbk. PT | 17338100 | 399752 |
|  \* | Bumi Resources Tbk. PT | 16807800 | 108211 |
|  \* | Bumi Serpong Damai Tbk. PT | 9948400 | 518363 |
|  \* | Capital Financial Indonesia Tbk. PT | 6199700 | 299099 |
|  | Catur Sentosa Adiprana Tbk. PT | 1274800 | 24751 |
|  \* | Cemindo Gemilang PT | 4965800 | 260217 |
|  W | Cikarang Listrindo Tbk. PT | 4462100 | 190820 |
|  | Ciputra Development Tbk. PT | 28002520 | 1552284 |
|  | Cisarua Mountain Dairy Tbk. PT | 270100 | 74504 |
|  \* | Citra Marga Nusaphala Persada Tbk. PT | 13896403 | 1170214 |
|  \* | City Retail Developments Tbk. PT | 12056400 | 87966 |
|  | Dharma Satya Nusantara Tbk. PT | 5886600 | 271390 |
|  | Elang Mahkota Teknologi Tbk. PT | 11907200 | 384636 |
|  | Elnusa Tbk. PT | 7160900 | 199350 |
|  \* | Energi Mega Persada Tbk. PT | 7457200 | 86750 |
|  | Erajaya Swasembada Tbk. PT | 23884400 | 669437 |
|  | ESSA Industries Indonesia Tbk. PT | 16908600 | 616284 |

---

1025

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  | Gajah Tunggal Tbk. PT | 3960900 | $262613 |
|  | Garudafood Putra Putri Jaya Tbk. PT | 14535600 | 338041 |
|  \* | Gudang Garam Tbk. PT | 231300 | 139611 |
|  \* | Harum Energy Tbk. PT | 5295600 | 244263 |
|  | Hexindo Adiperkasa Tbk. PT | 334000 | 94700 |
|  | Hillcon Tbk. PT | 175500 | 3362 |
|  | Impack Pratama Industri Tbk. PT | 13583500 | 274847 |
|  | Indah Kiat Pulp & Paper Tbk. PT | 1550400 | 481379 |
|  | Indika Energy Tbk. PT | 5449000 | 474674 |
|  | Indo Tambangraya Megah Tbk. PT | 879900 | 1166411 |
|  | Indocement Tunggal Prakarsa Tbk. PT | 1526600 | 492099 |
|  | Industri Jamu Dan Farmasi Sido Muncul Tbk. PT | 21385746 | 766671 |
|  \*†† | Inti Agri Resources Tbk. PT | 92782800 | 0 |
|  \* | Intiland Development Tbk. PT | 3461300 | 32094 |
|  | Japfa Comfeed Indonesia Tbk. PT | 13165700 | 1444464 |
|  | Jasa Marga Persero Tbk. PT | 4934700 | 1273114 |
|  | Jaya Real Property Tbk. PT | 10463000 | 447740 |
|  \* | Kawasan Industri Jababeka Tbk. PT | 72814457 | 759177 |
|  \* | Lippo Karawaci Tbk. PT | 4930700 | 27359 |
|  | Map Aktif Adiperkasa PT | 18394500 | 719721 |
|  | Matahari Department Store Tbk. PT | 374900 | 39692 |
|  | MD Entertainment Tbk. PT | 3604100 | 548562 |
|  | Medco Energi Internasional Tbk. PT | 17296406 | 1094237 |
|  \* | Media Nusantara Citra Tbk. PT | 2880500 | 45530 |
|  | Medikaloka Hermina Tbk. PT | 13636800 | 929283 |
|  \* | Merdeka Battery Materials Tbk. PT | 4781600 | 89515 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  \* | Merdeka Copper Gold Tbk. PT | 3995500 | $402175 |
|  \* | Metro Healthcare Indonesia Tbk. PT | 10721400 | 134481 |
|  | Metrodata Electronics Tbk. PT | 15657100 | 527690 |
|  | Metropolitan Kentjana Tbk. PT | 100200 | 150131 |
|  | Mitra Adiperkasa Tbk. PT | 25360200 | 2087973 |
|  | Mitra Keluarga Karyasehat Tbk. PT | 2618800 | 395917 |
|  | Mitra Pinasthika Mustika Tbk. PT | 3883000 | 241334 |
|  \* | MNC Land Tbk. PT | 33242200 | 248420 |
|  | Nippon Indosari Corpindo Tbk. PT | 842389 | 43916 |
|  | Pabrik Kertas Tjiwi Kimia Tbk. PT | 3217200 | 993781 |
|  \* | Pacific Strategic Financial Tbk. PT | 6004100 | 401222 |
|  | Pakuwon Jati Tbk. PT | 33603800 | 772405 |
|  \* | Panin Financial Tbk. PT | 49629800 | 1154861 |
|  \* | Paninvest Tbk. PT | 2190800 | 140112 |
|  | Perusahaan Gas Negara Tbk. PT | 22581600 | 2291504 |
|  | Perusahaan Perkebunan London Sumatra Indonesia Tbk. PT | 5475500 | 385897 |
|  | Petrosea Tbk. PT | 309700 | 53210 |
|  \*†† | Pool Advista Indonesia Tbk. PT | 10473500 | 5915 |
|  \* | Puradelta Lestari Tbk. PT | 20326900 | 212900 |
|  \*†† | Rimo International Lestari Tbk. PT | 211251900 | 0 |
|  | Rukun Raharja Tbk. PT | 650300 | 85091 |
|  | Salim Ivomas Pratama Tbk. PT | 5132700 | 127360 |
|  | Sampoerna Agro Tbk. PT | 1315600 | 184643 |
|  | Samudera Indonesia Tbk. PT | 7239200 | 110835 |
|  \* | Sarana Meditama Metropolitan Tbk. PT | 951700 | 17670 |
|  | Sarana Menara Nusantara Tbk. PT | 7374200 | 253092 |

---

1026

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  | Sariguna Primatirta Tbk. PT | 5940900 | $512193 |
|  | Sawit Sumbermas Sarana Tbk. PT | 7089300 | 666810 |
|  \*†† | Sekawan Intipratama Tbk. PT | 9367900 | 0 |
|  | Selamat Sempurna Tbk. PT | 13041700 | 1400310 |
|  | Semen Indonesia Persero Tbk. PT | 5182500 | 816848 |
|  | Siloam International Hospitals Tbk. PT | 1342700 | 210210 |
|  | Sinar Mas Agro Resources & Technology Tbk. PT | 475660 | 105213 |
|  \*†† | Sri Rejeki Isman Tbk. PT | 35353931 | 58302 |
|  | Summarecon Agung Tbk. PT | 8165046 | 212227 |
|  | Surya Citra Media Tbk. PT | 29728000 | 365756 |
|  | Surya Semesta Internusa Tbk. PT | 10348900 | 526479 |
|  \*†† | Suryainti Permata Tbk. PT | 7252000 | 0 |
|  | Temas Tbk. PT | 9824000 | 82200 |
|  | Tempo Scan Pacific Tbk. PT | 1188400 | 189047 |
|  \* | Timah Tbk. PT | 8208514 | 588256 |
|  \*†† | Trada Alam Minera Tbk. PT | 180020800 | 0 |
|  | Transcoal Pacific Tbk. PT | 1786600 | 599521 |
|  \* | Trias Sentosa Tbk. PT | 32818400 | 978219 |
|  \* | Trimegah Sekuritas Indonesia Tbk. PT | 1698100 | 36863 |
|  | Triputra Agro Persada PT | 9220900 | 541909 |
|  | Tunas Baru Lampung Tbk. PT | 5795228 | 240941 |
|  | Ultrajaya Milk Industry & Trading Co. Tbk. PT | 13663000 | 1140611 |
|  | Unggul Indah Cahaya Tbk. PT | 48239 | 21326 |
|  \* | Vale Indonesia Tbk. PT | 586400 | 87915 |
|  \* | Waskita Beton Precast Tbk. PT | 1180000 | 1083 |
|  \*†† | Waskita Karya Persero Tbk. PT | 30184766 | 68879 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  \* | Wijaya Karya Persero Tbk. PT | 3114900 | $38279 |
|  | XLSMART Telecom Sejahtera Tbk. PT | 10323279 | 1336522 |
|  TOTAL INDONESIA | TOTAL INDONESIA |  | 53212024 |
|  KUWAIT — (0.8%) | KUWAIT — (0.8%) |  |  |
|  | A'ayan Leasing & Investment Co. KSCP | 1269531 | 671617 |
|  | Al-Eid Food KSC | 228259 | 172854 |
|  | Ali Alghanim Sons Automotive Co. KSCC | 246036 | 841693 |
|  \* | Alimtiaz Investment Group KSC | 1357048 | 132889 |
|  \* | Arabi Group Holding KSC | 502885 | 631683 |
|  | Arzan Financial Group for Financing & Investment KPSC | 1482121 | 1423339 |
|  \* | Asiya Capital Investments Co. KSCP | 1501808 | 174386 |
|  | Boubyan Petrochemicals Co. KSCP | 550377 | 1247847 |
|  | Boursa Kuwait Securities Co. KPSC | 222353 | 1968322 |
|  | Combined Group Contracting Co. SAK | 202267 | 427713 |
|  | Commercial Facilities Co. SAKP | 28413 | 25475 |
|  | Commercial Real Estate Co. KSC | 3124360 | 1703689 |
|  | Gulf Cables & Electrical Industries Group Co. KSCP | 159607 | 1175662 |
|  | Heavy Engineering & Ship Building Co. KSCP | 152527 | 462439 |
|  | Humansoft Holding Co. KSC | 220248 | 1705757 |
|  \* | IFA Hotels & Resorts-KPSC | 26061 | 122856 |
|  | Integrated Holding Co. KCSC | 338285 | 630019 |
|  | Jazeera Airways Co. KSCP | 67521 | 245656 |

---

1027

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  KUWAIT — (Continued) | KUWAIT — (Continued) |  |  |
|  \* | Kuwait Cement Co. KSC | 94916 | $75661 |
|  | Kuwait Financial Centre SAK | 44896 | 20561 |
|  | Kuwait Insurance Co. SAK | 18311 | 32293 |
|  | Kuwait International Bank KSCP | 2037307 | 1505945 |
|  | Kuwait Investment Co. SAK | 289346 | 162697 |
|  | Kuwait Real Estate Co. KSC | 2110692 | 2590415 |
|  | Kuwait Telecommunications Co. | 116856 | 206676 |
|  | Mezzan Holding Co. KSCC | 239144 | 744964 |
|  \* | Munshaat Real Estate Projects Co. KSCP | 96326 | 51086 |
|  \* | National Consumer Holding Co. SAK | 291415 | 111148 |
|  | National Industries Group Holding SAK | 2901954 | 2360174 |
|  | National Investments Co. KSCP | 1082323 | 874033 |
|  | Oula Fuel Marketing Co. | 7710 | 13089 |
|  \* | Privatization Holding Co. KSCP | 910033 | 156796 |
|  \* | Rasiyat Holding Co. | 13513 | 15446 |
|  | Salhia Real Estate Co. KSCP | 817938 | 1201080 |
|  | Securities House KSC | 481108 | 107776 |
|  | Shamal Az-Zour Al-Oula for the First Phase of Az-Zour Power Plant KSC | 768205 | 370917 |
|  | Specialities Group Holding Co. KSCC | 36119 | 19803 |
|  \* | Warba Bank KSCP | 4412025 | 3198956 |
|  TOTAL KUWAIT | TOTAL KUWAIT |  | 27583412 |
|  MALAYSIA — (1.5%) | MALAYSIA — (1.5%) |  |  |
|  | 7-Eleven Malaysia Holdings Bhd., Class B | 2072285 | 960141 |
|  # | Able Global Bhd. | 59300 | 20892 |
|  # | Aeon Co. M Bhd. | 1045200 | 355285 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |  |
|  # | AEON Credit Service M Bhd. | 624000 | $861972 |
|  | AFFIN Bank Bhd. | 484683 | 297391 |
|  | Ajinomoto Malaysia Bhd. | 52700 | 174475 |
|  | Alliance Bank Malaysia Bhd. | 1508000 | 1530111 |
|  | Allianz Malaysia Bhd. | 134100 | 573129 |
|  | AME Elite Consortium Bhd. | 201100 | 74570 |
|  | Ancom Nylex Bhd. | 1300395 | 292366 |
|  | Aumas Resources Bhd. | 413900 | 70904 |
|  | Aurelius Technologies Bhd. | 69700 | 51077 |
|  # | Bank Islam Malaysia Bhd. | 1345900 | 764672 |
|  #\* | Berjaya Corp. Bhd. | 6274407 | 428709 |
|  #\* | Berjaya Land Bhd. | 2413200 | 162295 |
|  #\* | Bermaz Auto Bhd. | 1083100 | 263616 |
|  # | British American Tobacco Malaysia Bhd. | 165700 | 247787 |
|  \* | Bumi Armada Bhd. | 5578300 | 633922 |
|  # | Bursa Malaysia Bhd. | 595400 | 1019827 |
|  # | Cahya Mata Sarawak Bhd. | 1403100 | 306292 |
|  | Cape Ems Bhd. | 248900 | 14158 |
|  | Carlsberg Brewery Malaysia Bhd. | 370400 | 1621291 |
|  | CB Industrial Product Holding Bhd. | 550840 | 137691 |
|  | CCK Consolidated Holdings Bhd. | 145100 | 44008 |
|  | CTOS Digital Bhd. | 1574700 | 361216 |
|  # | D&O Green Technologies Bhd. | 401900 | 121173 |
|  \* | Dagang NeXchange Bhd. | 1645300 | 99097 |
|  | Dayang Enterprise Holdings Bhd. | 1331175 | 531425 |
|  | DRB-Hicom Bhd. | 952700 | 184382 |
|  # | Duopharma Biotech Bhd. | 1029238 | 288427 |
|  | Dutch Lady Milk Industries Bhd. | 79100 | 513275 |
|  # | Eastern & Oriental Bhd. | 477300 | 87365 |
|  | Eco World Development Group Bhd. | 2221100 | 968547 |
|  | EG Industries Bhd. | 172400 | 41200 |
|  #\* | Ekovest Bhd. | 2562050 | 184146 |

---

1028

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |  |
|  | FAR East Holdings Bhd. | 258300 | $218965 |
|  # | Farm Fresh Bhd. | 695400 | 295144 |
|  # | Formosa Prosonic Industries Bhd. | 203500 | 106147 |
|  | Frontken Corp. Bhd. | 2738150 | 2228006 |
|  | Gas Malaysia Bhd. | 597600 | 585487 |
|  | Genting Plantations Bhd. | 323800 | 362718 |
|  # | Globetronics Technology Bhd. | 1155772 | 127463 |
|  \*†† | Golden Plus Holding Bhd. | 216000 | 0 |
|  \* | Greatech Technology Bhd. | 540400 | 182624 |
|  # | Guan Chong Bhd. | 254100 | 199215 |
|  | Hap Seng Plantations Holdings Bhd. | 170200 | 76177 |
|  # | Hextar Global Bhd. | 528600 | 111669 |
|  # | Hiap Teck Venture Bhd. | 2699100 | 175209 |
|  # | Hibiscus Petroleum Bhd. | 1362519 | 489800 |
|  | Hong Leong Industries Bhd. | 350400 | 1102265 |
|  # | Hume Cement Industries Bhd. | 25600 | 15992 |
|  | Hup Seng Industries Bhd. | 97200 | 23436 |
|  | IGB Bhd. | 999381 | 630096 |
|  \* | Iskandar Waterfront City Bhd. | 359200 | 30461 |
|  # | ITMAX SYSTEM Bhd. | 127300 | 109075 |
|  | JAKS Resources Bhd. | 1171080 | 25987 |
|  # | Jaya Tiasa Holdings Bhd. | 1010527 | 257680 |
|  | Keck Seng Malaysia Bhd. | 289650 | 356764 |
|  | Kelington Group Bhd. | 631700 | 494073 |
|  # | Kenanga Investment Bank Bhd. | 346300 | 72553 |
|  | Kerjaya Prospek Group Bhd. | 632890 | 292237 |
|  # | Kim Loong Resources Bhd. | 838580 | 431352 |
|  # | Kossan Rubber Industries Bhd. | 2868400 | 1218062 |
|  | KPJ Healthcare Bhd. | 510000 | 339980 |
|  # | Kretam Holdings Bhd. | 1415600 | 163807 |
|  #\* | KSL Holdings Bhd. | 828818 | 299060 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |  |
|  | LBS Bina Group Bhd. | 1953616 | $226341 |
|  # | Leong Hup International Bhd. | 957700 | 138711 |
|  | LPI Capital Bhd. | 397224 | 1320296 |
|  # | Magni-Tech Industries Bhd. | 561433 | 276322 |
|  # | Magnum Bhd. | 872263 | 251801 |
|  # | Mah Sing Group Bhd. | 3024787 | 819671 |
|  # | Malakoff Corp. Bhd. | 4311800 | 796002 |
|  | Malayan Cement Bhd. | 79900 | 92595 |
|  | Malayan Flour Mills Bhd. | 1660575 | 194190 |
|  # | Malaysia Smelting Corp. Bhd. | 246900 | 142063 |
|  | Malaysian Pacific Industries Bhd. | 73600 | 320083 |
|  # | Malaysian Resources Corp. Bhd. | 4016466 | 429004 |
|  | Matrix Concepts Holdings Bhd. | 3731005 | 1229810 |
|  # | MBM Resources Bhd. | 418496 | 553146 |
|  | MBSB Bhd. | 808690 | 134135 |
|  | Mega First Corp. Bhd. | 1538100 | 1413742 |
|  # | Mi Technovation Bhd. | 301700 | 130332 |
|  # | MKH Bhd. | 688934 | 163173 |
|  | MKH Oil Palm East Kalimantan Bhd. | 148215 | 21307 |
|  | MNRB Holdings Bhd. | 667088 | 314261 |
|  \* | Muhibbah Engineering M Bhd. | 1186625 | 168411 |
|  | Nationgate Holdings Bhd. | 110700 | 35026 |
|  # | NEXG Bhd. | 987200 | 79076 |
|  | Notion VTEC Bhd. | 132000 | 20560 |
|  †† | Nylex Malaysia Bhd. | 4205 | 44 |
|  # | OCK Group Bhd. | 178600 | 17607 |
|  | Oriental Holdings Bhd. | 445800 | 721766 |
|  # | OSK Holdings Bhd. | 3977655 | 1569497 |
|  | PA Resources Bhd. | 366300 | 16554 |
|  | Padini Holdings Bhd. | 1997700 | 966986 |
|  | Panasonic Manufacturing Malaysia Bhd. | 25084 | 78515 |
|  # | Pantech Group Holdings Bhd. | 1007619 | 170577 |

---

1029

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |  |
|  # | Paramount Corp. Bhd. | 716455 | $174434 |
|  | Pecca Group Bhd. | 112100 | 38215 |
|  # | Perak Transit Bhd. | 948749 | 157257 |
|  | Petron Malaysia Refining & Marketing Bhd. | 137200 | 104550 |
|  #\* | Ranhill Utilities Bhd. | 1590149 | 460456 |
|  # | RCE Capital Bhd. | 918900 | 279562 |
|  | RGB International Bhd. | 1159100 | 91810 |
|  | Sam Engineering & Equipment M Bhd. | 412749 | 317804 |
|  \* | Sapura Energy Bhd. | 13232800 | 121904 |
|  # | Sarawak Oil Palms Bhd. | 830255 | 581837 |
|  | Scientex Bhd. | 1439272 | 1167088 |
|  # | Shangri-La Hotels Malaysia Bhd. | 117700 | 47477 |
|  | Sime Darby Property Bhd. | 395200 | 113509 |
|  | SKP Resources Bhd. | 1897324 | 391703 |
|  #\* | Solarvest Holdings Bhd. | 274400 | 106184 |
|  | SP Setia Bhd. Group | 4292600 | 1093218 |
|  # | Sports Toto Bhd. | 1408976 | 449444 |
|  # | Sunway Construction Group Bhd. | 575736 | 595312 |
|  \* | Supermax Corp. Bhd. | 223900 | 41322 |
|  | Suria Capital Holdings Bhd. | 269560 | 97854 |
|  | Syarikat Takaful Malaysia Keluarga Bhd. | 769157 | 635354 |
|  # | Ta Ann Holdings Bhd. | 494189 | 456219 |
|  | Taliworks Corp. Bhd. | 476616 | 71354 |
|  | Thong Guan Industries Bhd. | 369800 | 98879 |
|  #\* | Tropicana Corp. Bhd. | 1690590 | 463527 |
|  # | TSH Resources Bhd. | 1056400 | 267047 |
|  | Uchi Technologies Bhd. | 887200 | 634091 |
|  | UEM Sunrise Bhd. | 3027600 | 504989 |
|  # | Unisem M Bhd. | 68900 | 31667 |
|  | United Malacca Bhd. | 389750 | 456097 |
|  # | UOA Development Bhd. | 3392000 | 1323000 |
|  # | Velesto Energy Bhd. | 8441608 | 303426 |
|  | VS Industry Bhd. | 5927900 | 1080459 |
|  | Wasco Bhd. | 158700 | 33895 |
|  #\* | WCT Holdings Bhd. | 1512493 | 232163 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |  |
|  | Wellcall Holdings Bhd. | 876900 | $303731 |
|  \* | YNH Property Bhd. | 128516 | 11336 |
|  TOTAL MALAYSIA | TOTAL MALAYSIA |  | 51458116 |
|  MEXICO — (2.8%) | MEXICO — (2.8%) |  |  |
|  | Alfa SAB de CV, Class A | 195467 | 141837 |
|  | Alpek SAB de CV | 551148 | 278799 |
|  # | Alsea SAB de CV | 1200172 | 2690985 |
|  \* | Axtel SAB de CV | 2786183 | 285573 |
|  W | Banco del Bajio SA | 2219117 | 5325292 |
|  # | Becle SAB de CV | 37223 | 43030 |
|  | Bolsa Mexicana de Valores SAB de CV | 827212 | 1742964 |
|  \* | Consorcio ARA SAB de CV | 1126086 | 192940 |
|  #\* | Controladora Alpek SAB de CV | 195467 | 30700 |
|  \* | Controladora AXTEL SAB de CV | 858225 | 27921 |
|  \* | Controladora Vuela Cia de Aviacion SAB de CV (VOLARA MM), Class A | 355487 | 132692 |
|  | Corp. Actinver SAB de CV | 179820 | 169637 |
|  # | Corp. Inmobiliaria Vesta SAB de CV | 1538415 | 4206410 |
|  | Corp. Interamericana de Entretenimiento SAB de CV, Class B | 955467 | 1641939 |
|  | Corp. Moctezuma SAB de CV | 696531 | 2914274 |
|  | Corporativo Fragua SAB de CV | 3 | 77 |
|  | Cydsa SAB de CV | 10875 | 10536 |
|  #\*†† | Empresas ICA SAB de CV | 3768186 | 0 |
|  \* | Financiera Independencia SAB de CV SOFOM ENR | 3187 | 1345 |
|  | GCC SAB de CV | 538452 | 4524419 |
|  | Genomma Lab Internacional SAB |  |  |
|  | de CV, Class B | 1295862 | 1514554 |
|  | Gentera SAB de CV | 2901196 | 5058101 |

---

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**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MEXICO — (Continued) | MEXICO — (Continued) |  |  |
|  | Grupo Aeroportuario del Centro Norte SAB de CV | 579894 | $6381037 |
|  # | Grupo Comercial Chedraui SA de CV | 1148768 | 7420817 |
|  | Grupo Herdez SAB de CV | 1367911 | 3899249 |
|  \* | Grupo Hotelero Santa Fe SAB de CV | 593832 | 113858 |
|  | Grupo Industrial Saltillo SAB de CV | 974193 | 894188 |
|  \* | Grupo Posadas SAB de CV | 69065 | 96851 |
|  # | Grupo Rotoplas SAB de CV | 366093 | 226259 |
|  #\* | Grupo Simec SAB de CV (SIMECB MM) | 941651 | 8542348 |
|  # | Grupo Televisa SAB (TLEVICPO MM) | 504981 | 183859 |
|  #\*W | Grupo Traxion SAB de CV | 338293 | 284117 |
|  \* | Industrias CH SAB de CV | 1679787 | 15075725 |
|  | KUO SAB de CV | 713117 | 1545472 |
|  # | La Comer SAB de CV | 2946226 | 5515207 |
|  | Megacable Holdings SAB de CV | 1526763 | 3713653 |
|  \* | Minera Frisco SAB de CV, Class A1 | 5244912 | 906670 |
|  \* | Ollamani SAB | 12275 | 29469 |
|  # | Orbia Advance Corp. SAB de CV | 52472 | 35426 |
|  | Organizacion Cultiba SAB de CV | 976948 | 557957 |
|  \* | Organizacion Soriana SAB de CV, Class B | 358274 | 475007 |
|  | Promotora y Operadora de Infraestructura SAB de CV (PINFRA MM) | 178965 | 2002513 |
|  | Promotora y Operadora de Infraestructura SAB de CV (PINFRAL MM), Class L | 4368 | 38311 |
|  # | Qualitas Controladora SAB de CV | 374606 | 4144248 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MEXICO — (Continued) | MEXICO — (Continued) |  |  |
|  | Regional SAB de CV | 505137 | $3552097 |
|  \*†† | San Luis Rassini | 3300 | 0 |
|  \*†† | Sanluis Corp. SA (SANLUISB MM) | 4642 | 0 |
|  \*†† | Sanluis Corp. SA (SANLUISC MM) | 4642 | 0 |
|  \* | Vista Energy SAB de CV (VIST US), ADR | 2874 | 129819 |
|  \* | Vitro SAB de CV | 239494 | 83717 |
|  TOTAL MEXICO | TOTAL MEXICO |  | 96781899 |
|  NETHERLANDS — (0.0%) | NETHERLANDS — (0.0%) |  |  |
|  # | Pepco Group NV | 38346 | 181460 |
|  PHILIPPINES — (0.9%) | PHILIPPINES — (0.9%) |  |  |
|  \* | 8990 Holdings, Inc. | 2818700 | 442690 |
|  | A Soriano Corp. | 2931411 | 727289 |
|  | ACEN Corp. | 897000 | 42879 |
|  \*†† | ACR Mining Corp. | 48205 | 0 |
|  | Alliance Global Group, Inc. | 4431200 | 486164 |
|  | Apex Mining Co., Inc. | 5852000 | 703788 |
|  | Belle Corp. | 12306400 | 319084 |
|  | Bloomberry Resorts Corp. | 3602200 | 220039 |
|  | Century Pacific Food, Inc. | 2699500 | 1842356 |
|  | China Banking Corp. | 5503954 | 8966686 |
|  | Converge Information & Communications Technology Solutions, Inc. | 3258900 | 1113392 |
|  | Cosco Capital, Inc. | 2433000 | 257089 |
|  | D&L Industries, Inc. | 3801100 | 387648 |
|  | DigiPlus Interactive Corp. | 170500 | 121669 |
|  \* | DITO CME Holdings Corp. | 1865100 | 45298 |
|  | DMCI Holdings, Inc. | 5003100 | 949999 |
|  | DoubleDragon Corp. | 330790 | 57716 |
|  | East West Banking Corp. | 437200 | 86279 |
|  | Filinvest Development Corp. | 740522 | 59415 |
|  | Filinvest Land, Inc. | 30065620 | 419705 |
|  | Filinvest REIT Corp. | 2864226 | 163005 |
|  | First Philippine |  |  |
|  | Holdings Corp. | 1527600 | 1599330 |
|  | GT Capital Holdings, Inc. | 143610 | 1258508 |

---

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**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |  |  |
|  | JG Summit Holdings, Inc. | 857000 | $260412 |
|  | Keepers Holdings, Inc. | 378000 | 18580 |
|  | LT Group, Inc. | 3026800 | 644169 |
|  | Manila Water Co., Inc. | 3376300 | 2061792 |
|  | Megaworld Corp. | 9893000 | 315798 |
|  W | Monde Nissin Corp. | 753100 | 104852 |
|  | Nickel Asia Corp. | 8120100 | 370189 |
|  | Philcomsat Holdings Corp. | 316022 | 605224 |
|  | Philex Mining Corp. | 1221300 | 146068 |
|  | Philippine National Bank | 767726 | 659982 |
|  \*†† | Philippine National Construction Corp. | 173000 | 2846 |
|  | Philippine Savings Bank | 373137 | 389168 |
|  | Philippine Seven Corp | 21020 | 20012 |
|  | Philippine Stock Exchange, Inc. | 49642 | 168667 |
|  \*†† | Philtown Properties, Inc. | 111562 | 0 |
|  \*†† | Phoenix Petroleum Philippines, Inc. | 929580 | 12981 |
|  | Puregold Price Club, Inc. | 1554890 | 888893 |
|  | RFM Corp. | 7485068 | 558206 |
|  | Rizal Commercial Banking Corp. | 2651952 | 1241662 |
|  | Robinsons Land Corp. | 3938851 | 823809 |
|  | Robinsons Retail Holdings, Inc. | 151640 | 106379 |
|  | Security Bank Corp. | 458400 | 545435 |
|  | Semirara Mining & Power Corp. | 742700 | 452213 |
|  | Shakey's Pizza Asia Ventures, Inc. | 270200 | 37488 |
|  | Synergy Grid & Development Phils, Inc. | 484800 | 99876 |
|  \* | Top Frontier Investment Holdings, Inc. | 1640 | 1614 |
|  | Union Bank of the Philippines | 1814103 | 1049024 |
|  | Universal Robina Corp. | 204240 | 302558 |
|  | Vista Land & Lifescapes, Inc. | 6375200 | 190472 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |  |  |
|  | Vistamalls, Inc. | 589600 | $15890 |
|  | Wilcon Depot, Inc. | 2360800 | 288296 |
|  TOTAL PHILIPPINES | TOTAL PHILIPPINES |  | 32652583 |
|  POLAND — (1.7%) | POLAND — (1.7%) |  |  |
|  | AB SA | 2202 | 59428 |
|  \* | Agora SA | 67512 | 176994 |
|  | Alior Bank SA | 21880 | 592901 |
|  # | Amica SA | 6296 | 103458 |
|  | Apator SA | 37109 | 182074 |
|  | Arctic Paper SA | 23360 | 94777 |
|  | ASBISc Enterprises PLC | 51549 | 356035 |
|  | Asseco Poland SA | 75216 | 3105853 |
|  | Asseco South Eastern Europe SA | 805 | 12839 |
|  # | Auto Partner SA | 62499 | 329362 |
|  \* | Bank Millennium SA | 560969 | 2170050 |
|  \* | Bank Ochrony Srodowiska SA | 64719 | 191456 |
|  | Benefit Systems SA | 2817 | 2425549 |
|  | Boryszew SA | 133234 | 215203 |
|  | Budimex SA | 20346 | 3419754 |
|  \* | CCC SA | 57277 | 3311918 |
|  | Celon Pharma SA | 19996 | 137348 |
|  #\* | Cognor Holding SA | 86852 | 170438 |
|  | Cyber Folks SA | 4130 | 169403 |
|  \* | Cyfrowy Polsat SA | 128108 | 628287 |
|  \* | Datawalk SA | 3247 | 72063 |
|  # | Develia SA | 1491512 | 2955752 |
|  | Dom Development SA | 15579 | 907493 |
|  \* | Echo Investment SA | 22550 | 27586 |
|  | Elektrotim SA | 3544 | 48602 |
|  \* | Enea SA | 559136 | 2116127 |
|  | Eurocash SA | 55666 | 163200 |
|  \* | Fabryki Mebli Forte SA | 48823 | 338008 |
|  | Globe Trade Centre SA | 327524 | 349291 |
|  #\* | Grupa Azoty SA | 71903 | 394535 |
|  # | Grupa Kety SA | 52444 | 12009337 |
|  | Grupa Pracuj SA | 1434 | 22901 |
|  # | Inter Cars SA | 33276 | 5026178 |
|  #\* | Jastrzebska Spolka Weglowa SA | 81914 | 524667 |
|  # | KRUK SA | 59735 | 6336865 |
|  #\* | Lubawa SA | 30768 | 81216 |
|  | Lubelski Wegiel Bogdanka SA | 12804 | 73850 |
|  | Mirbud SA | 82029 | 307771 |
|  | Mo-BRUK SA | 2246 | 173719 |
|  | Neuca SA | 2512 | 472938 |

---

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**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  POLAND — (Continued) | POLAND — (Continued) |  |  |
|  | Newag SA | 1122 | $19670 |
|  \* | PKP Cargo SA | 34072 | 143687 |
|  | PlayWay SA | 2496 | 201274 |
|  \* | Polimex-Mostostal SA | 13852 | 14372 |
|  | Stalexport Autostrady SA | 164889 | 130797 |
|  | Synektik SA | 8531 | 511391 |
|  \* | Tauron Polska Energia SA | 2405636 | 3775469 |
|  \* | TEN Square Games SA | 6067 | 153437 |
|  | Text SA | 18358 | 263057 |
|  | Torpol SA | 24822 | 260432 |
|  # | VRG SA | 873743 | 856782 |
|  | Warsaw Stock Exchange | 57560 | 730911 |
|  | Wawel SA | 365 | 60464 |
|  | Wirtualna Polska Holding SA | 10646 | 252981 |
|  #W | XTB SA | 83945 | 1823793 |
|  \* | Zespol Elektrocieplowni Wroclawskich Kogeneracja SA | 672 | 9323 |
|  \* | Zespol Elektrowni Patnow Adamow Konin SA | 32217 | 160191 |
|  TOTAL POLAND | TOTAL POLAND |  | 59623257 |
|  QATAR — (0.8%) | QATAR — (0.8%) |  |  |
|  | Aamal Co. | 4489887 | 1024000 |
|  | Al Khaleej Takaful Group QSC | 569983 | 374365 |
|  | Al Meera Consumer Goods Co. QSC | 203205 | 812721 |
|  | Alijarah Holding Co. QPSC | 276396 | 55085 |
|  | Baladna | 1248044 | 415705 |
|  | Barwa Real Estate Co. | 2452814 | 1887518 |
|  | Doha Bank QPSC | 4061916 | 2634094 |
|  | Doha Insurance Co. QSC | 249552 | 169486 |
|  \* | Estithmar Holding QPSC | 1670548 | 1261887 |
|  | Gulf International Services QSC | 2627664 | 2225522 |
|  | Gulf Warehousing Co. | 630441 | 510108 |
|  | Lesha Bank LLC | 2896990 | 1101981 |
|  | Mannai Corp. QSC | 194052 | 192016 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  QATAR — (Continued) | QATAR — (Continued) |  |  |
|  \* | Mazaya Real Estate Development QPSC | 1465607 | $241376 |
|  | Medicare Group | 332626 | 417967 |
|  | Qatar Aluminum Manufacturing Co. | 4936711 | 1739841 |
|  | Qatar Industrial Manufacturing Co. QSC | 18666 | 12908 |
|  | Qatar Insurance Co. SAQ | 3614391 | 1932419 |
|  | Qatar Islamic Insurance Group | 37625 | 86384 |
|  | Qatar National Cement Co. QSC | 666601 | 628098 |
|  | Qatar Navigation QSC | 1403437 | 4274951 |
|  | Salam International Investment Ltd. QSC | 2225787 | 403720 |
|  | United Development Co. QSC | 3162309 | 896489 |
|  | Vodafone Qatar QSC | 5136998 | 3328524 |
|  \* | Widam Food Co. | 197452 | 114405 |
|  | Zad Holding Co. | 38148 | 149275 |
|  TOTAL QATAR | TOTAL QATAR |  | 26890845 |
|  RUSSIA — (0.0%) | RUSSIA — (0.0%) |  |  |
|  \*†† | Magnitogorsk Iron & Steel Works PJSC (MMK LI), Sponsored GDR | 32799 | 0 |
|  \*†† | Mechel PJSC, Sponsored ADR | 123618 | 0 |
|  \*†† | PhosAgro PJSC | 779 | 0 |
|  \*†† | RusHydro PJSC (RSHYY US), ADR | 952144 | 0 |
|  \*†† | VTB Bank PJSC (VTBR LI), GDR | 27705 | 0 |
|  SAUDI ARABIA — (3.9%) | SAUDI ARABIA — (3.9%) |  |  |
|  | Abdullah Al Othaim Markets Co. | 1244508 | 2993623 |
|  \* | Advanced Petrochemical Co. | 235862 | 1893856 |
|  | Al Babtain Power & Telecommunication Co. | 120559 | 1525824 |
|  | Al Hammadi Holding | 246494 | 2637070 |
|  \* | Al Hassan Ghazi Ibrahim Shaker Co. | 107634 | 884640 |

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**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |  |
|  | Al Jouf Agricultural Development Co. | 43390 | $548968 |
|  \* | Al Khaleej Training & Education Co. | 58172 | 433560 |
|  \* | Al Rajhi Co. for Co-operative Insurance | 21248 | 742963 |
|  | Al Yamamah Steel Industries Co. | 76456 | 710875 |
|  | Alamar Foods | 10820 | 195016 |
|  | Alandalus Property Co. | 194116 | 1127990 |
|  | Alaseel Co. | 510290 | 547667 |
|  | Al-Dawaa Medical Services Co. | 18585 | 418536 |
|  | Aldrees Petroleum & Transport Services Co. | 146334 | 5378425 |
|  | Al-Etihad Cooperative Insurance Co. | 46794 | 189446 |
|  | AlJazira Takaful Ta'awuni Co. | 21774 | 81425 |
|  \* | AlKhorayef Water & Power Technologies Co. | 45973 | 1986071 |
|  | Almawarid Manpower Co. | 3982 | 161479 |
|  | Almunajem Foods Co. | 48392 | 1064971 |
|  \* | Alujain Corp. | 58709 | 588931 |
|  \* | Anaam International Holding Group Co. | 32864 | 154710 |
|  \* | Arabia Insurance Cooperative Co. | 3576 | 11926 |
|  | Arabian Cement Co. | 118046 | 799977 |
|  W | Arabian Centres Co. | 292007 | 1542149 |
|  | Arabian Contracting Services Co. | 38578 | 1356472 |
|  | Arabian Drilling Co. | 45527 | 1049235 |
|  \* | Arabian Pipes Co. | 250240 | 616488 |
|  \* | Arabian Shield Cooperative Insurance Co. | 33171 | 156230 |
|  | Arriyadh Development Co. | 275498 | 2520306 |
|  \* | ARTEX Industrial Investment Co. | 79078 | 281459 |
|  | Astra Industrial Group Co. | 127517 | 5083594 |
|  | Ataa Educational Co. | 30143 | 534400 |
|  \* | BAAN Holding Group Co. | 271491 | 157481 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |  |
|  \* | Basic Chemical Industries Ltd. | 24620 | $185537 |
|  | Bawan Co. | 90760 | 1334718 |
|  | BinDawood Holding Co. | 482715 | 813327 |
|  | Catrion Catering Holding Co. | 130751 | 4106621 |
|  \* | Chubb Arabia Cooperative Insurance Co. | 26440 | 296390 |
|  | City Cement Co. | 184357 | 995720 |
|  | Dallah Healthcare Co. | 72751 | 2368353 |
|  \* | Dar Al Arkan Real Estate Development Co. | 863247 | 5041406 |
|  | East Pipes Integrated Co. for Industry | 28823 | 1036482 |
|  | Eastern Province Cement Co. | 112346 | 1006796 |
|  | Electrical Industries Co. | 1772460 | 3367730 |
|  \* | Emaar Economic City | 533961 | 2166602 |
|  | First Milling Co. | 23705 | 371255 |
|  \* | Fitaihi Holding Group**.** | 353242 | 379061 |
|  | Gulf Insurance Group | 22835 | 157797 |
|  \* | Gulf Union Cooperative Insurance Co. | 36777 | 139519 |
|  \* | Herfy Food Services Co. | 24105 | 157719 |
|  | Jamjoom Pharmaceuticals Factory Co. | 11853 | 547975 |
|  \* | Jazan Development & Investment Co. | 8584 | 26679 |
|  | L'Azurde Co. for Jewelry | 9303 | 32735 |
|  | Leejam Sports Co. JSC | 78537 | 2935708 |
|  \* | Lumi Rental Co. | 8784 | 144620 |
|  \* | Malath Cooperative Insurance Co. | 19541 | 72419 |
|  \* | Mediterranean & Gulf Cooperative Insurance & Reinsurance Co. | 154548 | 923769 |
|  \* | Methanol Chemicals Co. | 88042 | 292525 |
|  \* | Middle East Healthcare Co. | 105208 | 1953301 |

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**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |  |
|  \* | Middle East Paper Co. | 122825 | $915306 |
|  \* | Middle East Specialized Cables Co. | 50327 | 476263 |
|  | Mobile Telecommunications Co. Saudi Arabia | 1249957 | 4253808 |
|  \* | Najran Cement Co. | 70262 | 158610 |
|  \* | National Agriculture Development Co. | 460106 | 2730623 |
|  | National Co. for Glass Industries | 63808 | 773414 |
|  | National Co. for Learning & Education | 41585 | 1737920 |
|  | National Gas & Industrialization Co. | 14883 | 351444 |
|  \* | National Gypsum | 12370 | 68001 |
|  \* | National Industrialization Co. | 803809 | 1980297 |
|  | National Medical Care Co. | 13786 | 548489 |
|  | Nayifat Finance Co. | 114126 | 389887 |
|  | Northern Region Cement Co. | 237631 | 547709 |
|  \* | Perfect Presentation For Commercial Services Co. | 55164 | 184023 |
|  | Power & Water Utility Co. for Jubail & Yanbu | 19994 | 233349 |
|  | Qassim Cement Co. | 105008 | 1478563 |
|  \* | Rabigh Refining & Petrochemical Co. | 74072 | 140646 |
|  | Retal Urban Development Co. | 377419 | 1698210 |
|  | Riyadh Cement Co. | 35474 | 320904 |
|  \* | Saudi Arabian Amiantit Co. | 3044 | 18859 |
|  | Saudi Automotive Services Co. | 136941 | 2413052 |
|  | Saudi Cement Co. | 213099 | 2615364 |
|  \* | Saudi Ceramic Co. | 144888 | 1088349 |
|  \* | Saudi Chemical Co. Holding | 1535816 | 3475260 |
|  | Saudi Ground Services Co. | 1158 | 15399 |
|  | Saudi Industrial Investment Group | 29205 | 117795 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |  |
|  \* | Saudi Kayan Petrochemical Co. | 1197659 | $1842675 |
|  | Saudi Paper Manufacturing Co. | 71527 | 1306199 |
|  \* | Saudi Pharmaceutical Industries & Medical Appliances Corp. | 122207 | 830800 |
|  \* | Saudi Public Transport Co. | 230698 | 1011536 |
|  \* | Saudi Real Estate Co. | 493378 | 3042349 |
|  \* | Saudi Reinsurance Co. | 173403 | 2288421 |
|  \* | Saudi Research & Media Group | 42023 | 1941391 |
|  | Saudi Steel Pipe Co. | 27940 | 411995 |
|  | Saudia Dairy & Foodstuff Co. | 49883 | 4063096 |
|  \* | Savola Group | 61331 | 512402 |
|  | Scientific & Medical Equipment House Co. | 20814 | 222503 |
|  \* | Seera Group Holding | 535616 | 3496509 |
|  \* | SHL Finance Co. | 45704 | 244735 |
|  \* | Sinad Holding Co. | 162763 | 509610 |
|  | Southern Province Cement Co. | 142787 | 1182573 |
|  | Sumou Real Estate Co. | 3479 | 41398 |
|  | Sustained Infrastructure Holding Co. | 120139 | 950734 |
|  | Tabuk Cement Co. | 65464 | 215609 |
|  | Tanmiah Food Co. | 11867 | 335718 |
|  | Theeb Rent A Car Co. | 52207 | 929974 |
|  | United Electronics Co. | 134725 | 3374415 |
|  | United International Transportation Co. | 116692 | 2299652 |
|  \* | Walaa Cooperative Insurance Co. | 145077 | 735600 |
|  \* | Wataniya Insurance Co. | 44163 | 249942 |
|  | Yamama Cement Co. | 375757 | 3646033 |
|  | Yanbu Cement Co. | 190084 | 1105875 |
|  TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA |  | 134753815 |
|  SINGAPORE — (0.2%) | SINGAPORE — (0.2%) |  |  |
|  W | BOC Aviation Ltd. | 581700 | 4359477 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SINGAPORE — (Continued) | SINGAPORE — (Continued) |  |  |
|  | China XLX Fertiliser Ltd. | 1888000 | $1086589 |
|  | SIIC Environment Holdings Ltd. (807 HK) | 128000 | 15847 |
|  TOTAL SINGAPORE | TOTAL SINGAPORE |  | 5461913 |
|  SOUTH AFRICA — (3.4%) | SOUTH AFRICA — (3.4%) |  |  |
|  | Adcock Ingram Holdings Ltd. | 127266 | 336009 |
|  | Advtech Ltd. | 2578964 | 4292855 |
|  | AECI Ltd. | 255376 | 1409245 |
|  | African Rainbow Minerals Ltd. | 267153 | 2239940 |
|  | Afrimat Ltd. | 233924 | 665708 |
|  | Alexander Forbes Group Holdings Ltd. | 1437620 | 596749 |
|  | Altron Ltd., Class A | 631230 | 690544 |
|  | Astral Foods Ltd. | 94302 | 876954 |
|  # | AVI Ltd. | 939094 | 4568141 |
|  | Barloworld Ltd. | 397906 | 2317704 |
|  \* | Blue Label Telecoms Ltd. | 768332 | 346277 |
|  | Cashbuild Ltd. | 50175 | 413977 |
|  | Caxton & CTP Publishers & Printers Ltd. | 72867 | 47042 |
|  | City Lodge Hotels Ltd. | 225045 | 49248 |
|  | Coronation Fund Managers Ltd. | 528441 | 1084209 |
|  | Curro Holdings Ltd. | 401402 | 192925 |
|  | DataTec Ltd. | 1095862 | 3410766 |
|  W | Dis-Chem Pharmacies Ltd. | 1065344 | 1810351 |
|  # | DRDGOLD Ltd. (DRD SJ) | 1386609 | 2043294 |
|  | Famous Brands Ltd. | 121972 | 370406 |
|  | Foschini Group Ltd. | 745436 | 5193601 |
|  | Grindrod Ltd. | 1465511 | 914531 |
|  | Harmony Gold Mining Co. Ltd. (HMY US), Sponsored ADR | 1208694 | 19230322 |
|  | Hudaco Industries Ltd. | 88913 | 894487 |
|  | Italtile Ltd. | 774438 | 404017 |
|  | JSE Ltd. | 223103 | 1527846 |
|  \* | KAP Ltd. | 2637206 | 394779 |
|  | Lewis Group Ltd. | 170216 | 625664 |
|  | Life Healthcare Group Holdings Ltd. | 2834634 | 2233149 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |  |  |
|  | Merafe Resources Ltd. | 2432777 | $146650 |
|  \* | Metair Investments Ltd. | 265619 | 106063 |
|  | Momentum Group Ltd. | 2861207 | 5236692 |
|  | Motus Holdings Ltd. | 368376 | 1725555 |
|  | Mpact Ltd. | 234019 | 339986 |
|  | Mr. Price Group Ltd. | 267836 | 3423177 |
|  \* | MultiChoice Group | 454852 | 2658709 |
|  \* | Nampak Ltd. | 1947 | 44269 |
|  | Netcare Ltd. | 1448616 | 1064415 |
|  | Ninety One Ltd. | 523428 | 1011888 |
|  # | Northam Platinum Holdings Ltd. | 496621 | 3333403 |
|  \* | Nutun Ltd. | 1423791 | 141591 |
|  | Oceana Group Ltd. | 226635 | 716935 |
|  | Old Mutual Ltd. (OMU SJ) | 806719 | 492231 |
|  | Omnia Holdings Ltd. | 400519 | 1476008 |
|  \* | Pick n Pay Stores Ltd. | 1356395 | 2046189 |
|  | PPC Ltd. | 1676319 | 419391 |
|  | Premier Group Ltd. | 8604 | 63480 |
|  | PSG Financial Services Ltd. | 2017236 | 2161281 |
|  \* | Rainbow Chicken | 535302 | 92859 |
|  | Raubex Group Ltd. | 488630 | 1159331 |
|  | RCL Foods Ltd. | 535302 | 273601 |
|  | Reunert Ltd. | 400477 | 1333367 |
|  | RFG Holdings Ltd. | 214387 | 215002 |
|  | Santam Ltd. | 131354 | 2848629 |
|  | Sappi Ltd. | 1364550 | 2558634 |
|  \* | Sibanye Stillwater Ltd. (SSW SJ) | 11346 | 12963 |
|  | Southern Sun Ltd. | 326958 | 145272 |
|  \* | SPAR Group Ltd. | 464794 | 2864160 |
|  | Spur Corp. Ltd. | 179094 | 326260 |
|  | Sun International Ltd. | 802125 | 1729437 |
|  # | Super Group Ltd. | 792663 | 1231196 |
|  \* | Telkom SA SOC Ltd. | 674924 | 1429647 |
|  # | Thungela Resources Ltd. (TGA SJ) | 87510 | 435346 |
|  | Tiger Brands Ltd. | 394877 | 6158155 |
|  | Truworths International Ltd. | 874559 | 3489090 |
|  | Tsogo Sun Ltd. | 820842 | 364720 |
|  | We Buy Cars Holdings Ltd. | 465266 | 1079890 |
|  | Wilson Bayly Holmes-Ovcon Ltd. | 184183 | 1903355 |

---

1036

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |  |  |
|  | Woolworths Holdings Ltd. | 103614 | $321278 |
|  | Zeda Ltd. | 288074 | 162056 |
|  TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA |  | 115922901 |
|  SOUTH KOREA — (8.5%) | SOUTH KOREA — (8.5%) |  |  |
|  #\* | 3S Korea Co. Ltd. | 128600 | 210325 |
|  # | ABOV Semiconductor Co. Ltd. | 21461 | 151924 |
|  #\* | ADTechnology Co. Ltd. | 20426 | 214702 |
|  # | Advanced Nano Products Co. Ltd. | 9503 | 361637 |
|  # | Advanced Process Systems Corp. | 20386 | 244359 |
|  # | Aekyung Chemical Co. Ltd. | 23069 | 185930 |
|  | Aekyung Industrial Co. Ltd. | 3994 | 38234 |
|  #\* | Agabang & Company | 63105 | 310842 |
|  # | Ahnlab, Inc. | 20292 | 958414 |
|  \* | Air Busan Co. Ltd. | 117262 | 169263 |
|  #\* | ALUKO Co. Ltd. | 126001 | 187870 |
|  #\* | Amicogen, Inc. | 74345 | 177996 |
|  #\* | Anam Electronics Co. Ltd. | 109985 | 105910 |
|  #\* | Anapass, Inc. | 26082 | 356740 |
|  \* | Anterogen Co. Ltd. | 5555 | 88384 |
|  \* | Aprogen, Inc. | 76059 | 37245 |
|  #\* | APS, Inc. | 44932 | 186292 |
|  \* | APT Neuroscience, Inc. | 28466 | 22423 |
|  \*†† | Arion Technology, Inc. | 51658 | 0 |
|  | Asia Cement Co. Ltd. | 50335 | 389464 |
|  | ASIA Holdings Co. Ltd. | 3528 | 647394 |
|  #\* | Asia Pacific Satellite, Inc. | 19738 | 171838 |
|  # | Asia Paper Manufacturing Co. Ltd. | 81215 | 394741 |
|  \* | Asiana Airlines, Inc. | 82372 | 548906 |
|  | Atec Co. Ltd. | 10670 | 219602 |
|  | ATON, Inc. | 8036 | 32114 |
|  # | Avaco Co. Ltd. | 31776 | 293779 |
|  # | Baiksan Co. Ltd. | 44605 | 446106 |
|  | BGF Co. Ltd. | 20377 | 51394 |
|  | BGFecomaterials Co. Ltd. | 8506 | 17586 |
|  # | BH Co. Ltd. | 79009 | 684514 |
|  #\* | BHI Co. Ltd. | 43958 | 873378 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Binggrae Co. Ltd. | 14995 | $996539 |
|  # | Bio Plus Co. Ltd. | 112311 | 604673 |
|  \* | Biodyne Co. Ltd. | 31138 | 324520 |
|  \* | Bioneer Corp. | 5051 | 55830 |
|  | BioNote, Inc. | 17159 | 55224 |
|  #\* | BNC Korea Co. Ltd. | 152589 | 445968 |
|  # | Boditech Med, Inc. | 37840 | 459922 |
|  | Bookook Securities Co. Ltd. | 9667 | 186574 |
|  # | Boryung | 107363 | 639442 |
|  #\* | Bosung Power Technology Co. Ltd. | 125191 | 258412 |
|  \*†† | Bucket Studio Co. Ltd. | 55178 | 8384 |
|  \* | Bukwang Pharmaceutical Co. Ltd. | 19424 | 54745 |
|  | BYC Co. Ltd. | 7100 | 141530 |
|  | Byucksan Corp. | 25274 | 43478 |
|  | C&C International Co. Ltd. | 1936 | 43858 |
|  #\* | Cafe24 Corp. | 36658 | 1545967 |
|  | Cape Industries Ltd. | 28205 | 129005 |
|  # | Caregen Co. Ltd. | 41041 | 687492 |
|  \* | Chabiotech Co. Ltd. | 7108 | 54920 |
|  # | Chemtronics Co. Ltd. | 39956 | 625000 |
|  # | Cheryong Electric Co. Ltd. | 18387 | 405530 |
|  # | Chips&Media, Inc. | 37182 | 428975 |
|  #\* | Choil Aluminum Co. Ltd. | 167969 | 201171 |
|  # | Chong Kun Dang Pharmaceutical Corp. | 17823 | 1020370 |
|  | Chongkundang Holdings Corp. | 11961 | 390330 |
|  #\* | Chorokbaem Media Co. Ltd. | 49739 | 171978 |
|  \* | CJ CGV Co. Ltd. | 123024 | 420625 |
|  \* | CJ ENM Co. Ltd. | 29725 | 1292885 |
|  | CJ Freshway Corp. | 7074 | 120810 |
|  # | CLIO Cosmetics Co. Ltd. | 13245 | 167921 |
|  #\* | CMG Pharmaceutical Co. Ltd. | 183080 | 317784 |
|  \* | Com2uS Holdings Corp. | 4124 | 57657 |
|  | Com2uSCorp. | 4266 | 118100 |
|  | Coocon Corp. | 1059 | 15036 |
|  # | Cosmax, Inc. | 24025 | 2915526 |
|  # | Cosmecca Korea Co. Ltd. | 16670 | 506955 |

---

1037

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  #\* | CosmoAM&T Co. Ltd. | 24980 | $691953 |
|  #\* | Cosmochemical Co. Ltd. | 69382 | 756706 |
|  | Cowintech Co. Ltd. | 10222 | 92945 |
|  | CR Holdings Co. Ltd. | 43755 | 160587 |
|  #\* | Creative & Innovative System | 162892 | 827956 |
|  | Creverse, Inc. | 4488 | 45309 |
|  \* | CTC BIO, Inc. | 46578 | 225554 |
|  #\* | Cube Entertainment, Inc. | 11296 | 156226 |
|  | Cuckoo Holdings Co. Ltd. | 24333 | 415962 |
|  #\* | Curexo, Inc. | 27954 | 174405 |
|  # | D.I Corp. | 73014 | 720475 |
|  \*†† | DA Technology Co. Ltd. | 133285 | 3563 |
|  # | Dae Hwa Pharmaceutical Co. Ltd. | 24386 | 255547 |
|  | Dae Won Kang Up Co. Ltd. | 103903 | 284972 |
|  \*†† | Dae Yu Co. Ltd. | 4904 | 1487 |
|  #\* | Daea TI Co. Ltd. | 195936 | 563009 |
|  # | Daebongls Co. Ltd. | 13270 | 124066 |
|  | Daedong Corp. | 53430 | 386669 |
|  | Daeduck Co. Ltd. | 13549 | 75401 |
|  # | Daeduck Electronics Co. Ltd. | 99329 | 975089 |
|  | Daehan Flour Mill Co. Ltd. | 2837 | 260919 |
|  # | Daehan Steel Co. Ltd. | 34780 | 392439 |
|  #\* | Dae-Il Corp. | 63613 | 210070 |
|  # | Daejoo Electronic Materials Co. Ltd. | 21066 | 1220531 |
|  # | Daesang Corp. | 62955 | 1058141 |
|  # | Daesang Holdings Co. Ltd. | 46079 | 345213 |
|  # | Daesung Energy Co. Ltd. | 22772 | 124705 |
|  #\* | Daewon Cable Co. Ltd. | 92840 | 182727 |
|  # | Daewon Pharmaceutical Co. Ltd. | 54458 | 528499 |
|  #\* | Daewoo Engineering & Construction Co. Ltd. | 519091 | 1295104 |
|  | Daewoong Co. Ltd. | 27115 | 386991 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | Daewoong Pharmaceutical Co. Ltd. | 12821 | $1245897 |
|  \* | Dahaam E-Tec Co. Ltd. | 2100 | 0 |
|  | Daihan Pharmaceutical Co. Ltd. | 11480 | 213193 |
|  | Daishin Securities Co. Ltd. | 112901 | 1422010 |
|  #\* | Danal Co. Ltd. | 141692 | 287384 |
|  | Daol Investment & Securities Co. Ltd. | 107802 | 257026 |
|  | Daou Data Corp. | 46710 | 389088 |
|  | Daou Technology, Inc. | 91181 | 1392620 |
|  \* | Dasan Networks, Inc. | 25040 | 48852 |
|  #\* | Dawonsys Co. Ltd. | 86984 | 528114 |
|  # | DB HiTek Co. Ltd. | 24304 | 657012 |
|  | DB Securities Co. Ltd. | 85680 | 383164 |
|  #\* | DB, Inc. | 207239 | 188523 |
|  \* | DE&T Co. Ltd. | 2672 | 10749 |
|  # | Dear U Co. Ltd. | 14491 | 485869 |
|  # | Dentium Co. Ltd. | 18136 | 930880 |
|  | Deutsch Motors, Inc. | 51870 | 171532 |
|  #\* | Devsisters Co. Ltd. | 5475 | 152227 |
|  | DI Dong Il Corp. | 55300 | 1608764 |
|  # | Digital Daesung Co. Ltd. | 44050 | 236711 |
|  #\* | DIO Corp. | 26897 | 368276 |
|  # | DIT Corp. | 12232 | 110551 |
|  # | DL E&C Co. Ltd. | 80279 | 2453687 |
|  # | DL Holdings Co. Ltd. | 6559 | 149917 |
|  \* | DMOA Co. Ltd. | 13817 | 47323 |
|  | DMS Co. Ltd. | 48116 | 214263 |
|  # | DN Automotive Corp. | 46443 | 672554 |
|  | Dohwa Engineering Co. Ltd. | 24886 | 114664 |
|  # | Dong-A Socio Holdings Co. Ltd. | 9217 | 669791 |
|  | Dong-A ST Co. Ltd. | 7944 | 268811 |
|  | Dong-Ah Geological Engineering Co. Ltd. | 1333 | 13869 |
|  | Dongbang Transport Logistics Co. Ltd. | 76445 | 128115 |
|  # | Dongjin Semichem Co. Ltd. | 79132 | 1620272 |
|  | Dongkoo Bio & Pharma Co. Ltd. | 16523 | 62972 |

---

1038

------

##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | DongKook Pharmaceutical Co. Ltd. | 83756 | $894746 |
|  | Dongkuk Holdings Co. Ltd. | 38539 | 195284 |
|  | Dongkuk Industries Co. Ltd. | 98378 | 258591 |
|  | Dongkuk Steel Mill Co. Ltd. | 79401 | 512197 |
|  | Dongsung Chemical Co. Ltd. | 76998 | 222876 |
|  # | Dongsung Finetec Co. Ltd. | 60256 | 1051330 |
|  #\* | Dongwha Enterprise Co. Ltd. | 45045 | 269269 |
|  | Dongwha Pharm Co. Ltd. | 68807 | 304071 |
|  | Dongwon Development Co. Ltd. | 40667 | 66740 |
|  | Dongwon F&B Co. Ltd. | 22886 | 593389 |
|  # | Dongwon Systems Corp. | 15197 | 349317 |
|  # | Dongwoon Anatech Co. Ltd. | 51143 | 758279 |
|  | Dongyang E&P, Inc. | 14152 | 200140 |
|  #\* | Doosan Fuel Cell Co. Ltd. | 106882 | 1146818 |
|  # | Doosan Tesna, Inc. | 12912 | 229269 |
|  # | DoubleUGames Co. Ltd. | 39354 | 1561539 |
|  | Douzone Bizon Co. Ltd. | 2782 | 119340 |
|  #\* | Dream Security Co. Ltd. | 62038 | 152003 |
|  # | Dreamtech Co. Ltd. | 106192 | 475783 |
|  #\* | DRTECH Corp. | 163808 | 217914 |
|  #\* | DS Dansuk Co. Ltd. | 8721 | 156419 |
|  #\* | Duk San Neolux Co. Ltd. | 38011 | 796476 |
|  \* | Duksan Techopia Co. Ltd. | 4254 | 66708 |
|  | DY Corp. | 22744 | 63396 |
|  \*†† | E Investment&Development Co. Ltd. | 74253 | 13634 |
|  | Easy Bio, Inc. | 4438 | 16999 |
|  | Easy Holdings Co. Ltd. | 92222 | 222642 |
|  | Echo Marketing, Inc. | 20864 | 121855 |
|  | Ecopro HN Co. Ltd. | 7509 | 147717 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  #\* | Edge Foundry Co. Ltd. | 83540 | $221645 |
|  \*†† | Ehwa Technologies Information Co. Ltd. | 455538 | 54158 |
|  | E-MART, Inc. | 11988 | 771227 |
|  #\* | EMRO, Inc. | 16487 | 617734 |
|  #\* | EM-Tech Co. Ltd. | 42707 | 366345 |
|  #\* | Enchem Co. Ltd. | 9166 | 510776 |
|  # | ENF Technology Co. Ltd. | 28570 | 496319 |
|  \* | Enzychem Lifesciences Corp. | 76519 | 62403 |
|  | Eo Technics Co. Ltd. | 4209 | 340881 |
|  \*†† | E-TRON Co. Ltd. | 1594702 | 42069 |
|  #\* | Eubiologics Co. Ltd. | 66644 | 616134 |
|  # | Eugene Corp. | 123531 | 303225 |
|  # | Eugene Investment & Securities Co. Ltd. | 188630 | 367655 |
|  | Eugene Technology Co. Ltd. | 48507 | 1161839 |
|  | Eusu Holdings Co. Ltd. | 28440 | 110987 |
|  \* | EV Advanced Material Co. Ltd. | 35578 | 36074 |
|  \* | E-World | 49871 | 49563 |
|  #\* | Exem Co. Ltd. | 127408 | 193103 |
|  # | Exicon Co. Ltd. | 13693 | 98529 |
|  #\* | Fine Semitech Corp. | 40341 | 501978 |
|  #\* | Firstec Co. Ltd. | 96567 | 243891 |
|  \*†† | Flask Co. Ltd. | 70072 | 29170 |
|  #\* | Foosung Co. Ltd. | 156597 | 482897 |
|  | Fursys, Inc. | 10910 | 344172 |
|  # | Gabia, Inc. | 41698 | 646558 |
|  #\* | GAEASOFT | 28220 | 196254 |
|  # | Galaxia Moneytree Co. Ltd. | 61913 | 364181 |
|  #\* | GAMSUNG Corp. Co. Ltd. | 155481 | 395882 |
|  #\* | Gaon Cable Co. Ltd. | 8771 | 374118 |
|  \* | Gaonchips Co. Ltd. | 832 | 24057 |
|  \* | GC Cell Corp. | 15634 | 226735 |
|  \* | Genexine, Inc. | 35704 | 115126 |
|  | Geumhwa PSC Co. Ltd. | 5152 | 95359 |
|  \* | Giantstep, Inc. | 2802 | 13440 |
|  # | Global Standard Technology Co. Ltd. | 34790 | 419828 |
|  #\* | Global Tax Free Co. Ltd. | 70125 | 274960 |
|  \* | GnBS eco Co. Ltd. | 20448 | 50355 |
|  # | GOLFZON Co. Ltd. | 13009 | 599973 |
|  # | Gradiant Corp. | 19305 | 184747 |

---

1039

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Grand Korea Leisure Co. Ltd. | 41693 | $356251 |
|  | Green Cross Corp. | 11208 | 978029 |
|  # | Green Cross Holdings Corp. | 23763 | 233898 |
|  \*†† | Green Pine Tree Co. Ltd. | 4742 | 627 |
|  # | GS Engineering & Construction Corp. | 151435 | 1946681 |
|  # | GS Global Corp. | 117056 | 211128 |
|  | GS Retail Co. Ltd. | 13475 | 140236 |
|  | Gwangju Shinsegae Co. Ltd. | 8124 | 159259 |
|  | HAESUNG DS Co. Ltd. | 27800 | 451846 |
|  | Han Kuk Carbon Co. Ltd. | 101139 | 1382265 |
|  # | Hana Materials, Inc. | 18247 | 356191 |
|  # | Hana Micron, Inc. | 122607 | 939092 |
|  # | Hana Tour Service, Inc. | 28813 | 1054838 |
|  #\* | Hanall Biopharma Co. Ltd. | 37857 | 739858 |
|  # | Hancom, Inc. | 45561 | 685856 |
|  | Handok, Inc. | 10843 | 89238 |
|  | Handsome Co. Ltd. | 23736 | 258212 |
|  # | Hanil Cement Co. Ltd. | 42854 | 540533 |
|  # | Hanil Feed Co. Ltd. | 49655 | 124468 |
|  | Hanil Holdings Co. Ltd. | 42979 | 447745 |
|  # | Hanjin Transportation Co. Ltd. | 20132 | 271281 |
|  \* | HanJung Natural Connectivity System Co. Ltd. | 1750 | 33143 |
|  # | Hankook Cosmetics Manufacturing Co. Ltd. | 4336 | 169302 |
|  # | Hankook Shell Oil Co. Ltd. | 2067 | 538145 |
|  # | HanmiGlobal Co. Ltd. | 23691 | 267477 |
|  # | Hannong Chemicals, Inc. | 22149 | 232503 |
|  | Hansae Yes24 Holdings Co. Ltd. | 9629 | 25401 |
|  # | Hanshin Machinery Co. | 52839 | 113322 |
|  # | Hansol Chemical Co. Ltd. | 14160 | 1153840 |
|  | Hansol Paper Co. Ltd. | 6035 | 35575 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Hansol Technics Co. Ltd. | 67237 | $225861 |
|  | Hanssem Co. Ltd. | 8104 | 241991 |
|  \* | Hanwha Engine | 128636 | 2472268 |
|  | Hanwha General Insurance Co. Ltd. | 139039 | 398626 |
|  #\* | Hanwha Investment & Securities Co. Ltd. | 386884 | 935613 |
|  | Hanyang Eng Co. Ltd. | 32984 | 377128 |
|  | Hanyang Securities Co. Ltd. | 27737 | 261111 |
|  \* | Harim Co. Ltd. | 130329 | 280434 |
|  | Harim Holdings Co. Ltd. | 17906 | 75289 |
|  | HB SOLUTION Co. Ltd. | 39501 | 67637 |
|  | HB Technology Co. Ltd. | 65188 | 89545 |
|  # | HD Hyundai Construction Equipment Co. Ltd. | 25882 | 1232487 |
|  #\* | HD Hyundai Energy Solutions Co. Ltd. | 10284 | 206793 |
|  # | HD Hyundai Infracore Co. Ltd. | 327959 | 1905238 |
|  # | HDC Holdings Co. Ltd. | 76944 | 1040176 |
|  | HDC Hyundai Development Co-Engineering & Construction | 103488 | 1810709 |
|  \* | HD-Hyundai Marine Engine | 47003 | 1222746 |
|  # | Hecto Innovation Co. Ltd. | 21342 | 177157 |
|  \* | Heung-A Shipping Co. Ltd. | 42457 | 46548 |
|  #\* | HFR, Inc. | 6961 | 89715 |
|  | High Tech Pharm Co. Ltd. | 9652 | 90287 |
|  | Hite Jinro Co. Ltd. | 82045 | 1115659 |
|  # | HK inno N Corp. | 38595 | 1094281 |
|  | HL Holdings Corp. | 12407 | 319454 |
|  | HL Mando Co. Ltd. | 74746 | 1961232 |
|  \* | HLB Biostep Co. Ltd. | 74494 | 85739 |
|  \* | HLB Global Co. Ltd. | 15755 | 34064 |
|  \* | HLB Life Science Co. Ltd. | 45415 | 200782 |
|  #\* | Hotel Shilla Co. Ltd. | 36737 | 1134880 |

---

1040

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | HS Hyosung Advanced Materials Corp. | 3749 | $468878 |
|  \* | HS Hyosung Corp. | 2755 | 79224 |
|  | HS Industries Co. Ltd. | 79327 | 261809 |
|  | Humedix Co. Ltd. | 17078 | 480973 |
|  | Huons Co. Ltd. | 26666 | 474910 |
|  | Huons Global Co. Ltd. | 19370 | 682388 |
|  # | Husteel Co. Ltd. | 68021 | 229421 |
|  # | Hwa Shin Co. Ltd. | 51695 | 286615 |
|  | Hwaseung Enterprise Co. Ltd. | 13047 | 71201 |
|  | Hy-Lok Corp. | 20117 | 408428 |
|  # | Hyosung Corp. | 12405 | 463136 |
|  | Hyosung Heavy Industries Corp. | 936 | 323736 |
|  # | Hyosung TNC Corp. | 5907 | 988122 |
|  | Hyundai Bioland Co. Ltd. | 6856 | 20825 |
|  | Hyundai BNG Steel Co. Ltd. | 22603 | 193999 |
|  # | HYUNDAI Corp. | 17473 | 279177 |
|  # | Hyundai Department |  |  |
|  | Store Co. Ltd. | 36237 | 1522219 |
|  | Hyundai Elevator Co. Ltd. | 8506 | 441603 |
|  | HYUNDAI EVERDIGM Corp. | 3301 | 19886 |
|  | Hyundai Ezwel Co. Ltd. | 18273 | 68148 |
|  | Hyundai Futurenet Co. Ltd. | 73607 | 148831 |
|  | Hyundai GF Holdings | 23930 | 91651 |
|  | Hyundai Green Food | 34518 | 377831 |
|  | Hyundai Home Shopping Network Corp. | 623 | 21274 |
|  | Hyundai Livart Furniture Co. Ltd. | 31803 | 162533 |
|  | Hyundai Motor Securities Co. Ltd. | 46975 | 215946 |
|  # | Hyundai Movex Co. Ltd. | 82239 | 259608 |
|  | Hyundai Wia Corp. | 45417 | 1366876 |
|  # | HyVision System, Inc. | 35874 | 400134 |
|  # | i3system, Inc. | 15256 | 611865 |
|  #\* | Il Dong Pharmaceutical Co. Ltd. | 46117 | 383590 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Iljin Diamond Co. Ltd. | 10553 | $90933 |
|  # | Iljin Electric Co. Ltd. | 76462 | 1358755 |
|  | Iljin Holdings Co. Ltd. | 26180 | 70355 |
|  #\* | Iljin Hysolus Co. Ltd. | 19854 | 189089 |
|  | Iljin Power Co. Ltd. | 13992 | 90373 |
|  | Ilshin Spinning Co. Ltd. | 39104 | 237993 |
|  \* | Ilshin Stone Co. Ltd. | 29540 | 45817 |
|  | Ilyang Pharmaceutical Co. Ltd. | 8108 | 70232 |
|  | iM Financial Group Co. Ltd. | 428318 | 3096899 |
|  | iMarketKorea, Inc. | 29886 | 166993 |
|  | InBody Co. Ltd. | 38971 | 662017 |
|  | Incar Financial Service Co. Ltd. | 8100 | 47399 |
|  | Inhwa Precision Co. Ltd. | 830 | 23347 |
|  | Innocean Worldwide, Inc. | 22846 | 292810 |
|  | InnoWireless Co. Ltd. | 14619 | 199729 |
|  # | Innox Advanced Materials Co. Ltd. | 42455 | 681700 |
|  #\* | Insun ENT Co. Ltd. | 101302 | 364604 |
|  # | Intellian Technologies, Inc. | 13581 | 366607 |
|  # | Intelligent Digital Integrated Security Co. Ltd. | 12279 | 142667 |
|  \* | Interflex Co. Ltd. | 6179 | 36355 |
|  †† | Interojo Co. Ltd. | 24056 | 73936 |
|  # | INTOPS Co. Ltd. | 32084 | 363690 |
|  | iNtRON Biotechnology, Inc. | 65534 | 188971 |
|  | INVENI Co. Ltd. | 2976 | 106218 |
|  | IS Dongseo Co. Ltd. | 43894 | 559973 |
|  # | ISC Co. Ltd. | 28505 | 993052 |
|  | i-SENS, Inc. | 57878 | 667167 |
|  #\* | ISU Abxis Co. Ltd. | 60528 | 215787 |
|  \* | ISU Chemical Co. Ltd. | 45355 | 180405 |
|  \* | ISU Specialty Chemical | 47981 | 1457048 |
|  #\* | ITEK, Inc. | 25379 | 103268 |
|  \* | J Steel Co. Holdings, Inc. | 9546 | 12042 |
|  #\* | Jahwa Electronics Co. Ltd. | 32011 | 268298 |
|  | JB Financial Group Co. Ltd. | 118468 | 1423401 |

---

1041

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  \* | Jeil Pharmaceutical Co. Ltd. | 5428 | $47624 |
|  #\* | Jeju Semiconductor Corp. | 98093 | 870714 |
|  \* | JETEMA Co. Ltd. | 2065 | 10601 |
|  # | Jinsung T.E.C. | 32603 | 206817 |
|  #\* | JNTC Co. Ltd. | 28417 | 274019 |
|  # | Jusung Engineering Co. Ltd. | 82875 | 1956088 |
|  | JVM Co. Ltd. | 13712 | 223528 |
|  | JW Holdings Corp. | 189488 | 410286 |
|  # | JW Pharmaceutical Corp. | 44214 | 694271 |
|  # | K Car Co. Ltd. | 29897 | 294564 |
|  #\* | Kakao Games Corp. | 89654 | 895323 |
|  | Kangnam Jevisco Co. Ltd. | 18630 | 155564 |
|  #\* | Kangstem Biotech Co. Ltd. | 83163 | 133369 |
|  \* | Kangwon Energy Co. Ltd. | 4230 | 21175 |
|  | KC Co. Ltd. | 27573 | 360392 |
|  # | KC Tech Co. Ltd. | 30014 | 553168 |
|  | KCC Glass Corp. | 21916 | 493612 |
|  #\* | KEC Corp. | 263601 | 135959 |
|  # | KEPCO Plant Service & Engineering Co. Ltd. | 43340 | 1338869 |
|  | KG Chemical Corp. | 25124 | 70374 |
|  # | KG Dongbusteel | 61105 | 254683 |
|  \* | KG Mobility Co. | 28328 | 64966 |
|  # | Kginicis Co. Ltd. | 41532 | 255371 |
|  | KGMobilians Co. Ltd. | 40320 | 119800 |
|  # | KH Vatec Co. Ltd. | 49877 | 323143 |
|  \*†† | Kib Plug Energy | 33369 | 9061 |
|  # | KINX, Inc. | 8997 | 499291 |
|  | KISCO Corp. | 60091 | 359267 |
|  | KISCO Holdings Co. Ltd. | 31963 | 468968 |
|  | KISWIRE Ltd. | 35588 | 433216 |
|  \* | KMW Co. Ltd. | 56697 | 342896 |
|  #\* | KNJ Co. Ltd. | 15605 | 173501 |
|  # | Koh Young Technology, Inc. | 186625 | 1815601 |
|  | Kolmar BNH Co. Ltd. | 27237 | 258406 |
|  # | Kolmar Holdings Co. Ltd. | 60370 | 404751 |
|  # | Kolmar Korea Co. Ltd. | 34848 | 1862361 |
|  # | Kolon Corp. | 19104 | 313739 |
|  | Kolon Industries, Inc. | 46574 | 988263 |
|  #\* | Kolon Life Science, Inc. | 11788 | 217238 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | KoMiCo Ltd. | 19025 | $786592 |
|  # | KONA I Co. Ltd. | 10350 | 282602 |
|  | Korea Alcohol Industrial Co. Ltd. | 45206 | 289382 |
|  | Korea Asset In Trust Co. Ltd. | 61330 | 100472 |
|  | Korea Cast Iron Pipe Industries Co. Ltd. | 7969 | 40193 |
|  \* | Korea Circuit Co. Ltd. | 28928 | 206420 |
|  # | Korea District Heating Corp. | 5230 | 194976 |
|  | Korea Electric Terminal Co. Ltd. | 17663 | 800728 |
|  # | Korea Electronic Power Industrial Development Co. Ltd. | 52760 | 469971 |
|  | Korea Export Packaging Industrial Co. Ltd. | 44390 | 87283 |
|  \* | Korea Information & Communications Co. Ltd. | 37386 | 203477 |
|  | Korea Information Certificate Authority, Inc. | 14595 | 45107 |
|  #\* | Korea Line Corp. | 419991 | 449375 |
|  # | Korea Petrochemical Ind Co. Ltd. | 7752 | 458296 |
|  | Korea Petroleum Industries Co. | 3083 | 28072 |
|  | Korea Real Estate Investment & Trust Co. Ltd. | 356310 | 264559 |
|  | Korea United Pharm, Inc. | 33488 | 460497 |
|  | Korean Reinsurance Co. | 451550 | 2570395 |
|  | KPX Chemical Co. Ltd. | 1968 | 62134 |
|  | KSS LINE Ltd. | 47736 | 300908 |
|  #\*†† | Kuk-il Paper Manufacturing Co. Ltd. | 190710 | 20124 |
|  \* | Kumho HT, Inc. | 94818 | 42330 |
|  \* | Kumho Tire Co., Inc. | 181488 | 614279 |
|  | Kwang Dong Pharmaceutical Co. Ltd. | 112403 | 433446 |
|  | Kyeryong Construction Industrial Co. Ltd. | 18316 | 328540 |

---

1042

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Kyobo Securities Co. Ltd. | 47296 | $219410 |
|  # | Kyung Dong Navien Co. Ltd. | 21138 | 1081841 |
|  | KyungDong City Gas Co. Ltd. | 6435 | 79911 |
|  # | Kyungdong Pharm Co. Ltd. | 46653 | 189401 |
|  | Kyung-In Synthetic Corp. | 86219 | 192183 |
|  # | KZ Precision Corp. | 17846 | 149087 |
|  | L&C Bio Co. Ltd. | 7961 | 124336 |
|  \* | L&K Biomed Co. Ltd. | 21449 | 103375 |
|  # | Lake Materials Co. Ltd. | 115339 | 1038471 |
|  # | Lee Ku Industrial Co. Ltd. | 40118 | 119993 |
|  | LF Corp. | 39784 | 416247 |
|  \* | LOT Vacuum Co. Ltd. | 30677 | 188870 |
|  # | Lotte Chilsung Beverage Co. Ltd. | 9848 | 759946 |
|  \* | Lotte Data Communication Co. | 5033 | 66571 |
|  #\* | Lotte Energy Materials Corp. | 52445 | 836496 |
|  | LOTTE Fine Chemical Co. Ltd. | 42524 | 1038732 |
|  | LOTTE Himart Co. Ltd. | 34338 | 182112 |
|  \* | Lotte Non-Life Insurance Co. Ltd. | 133537 | 161806 |
|  | Lotte Rental Co. Ltd. | 39177 | 809658 |
|  | Lotte Shopping Co. Ltd. | 19802 | 939671 |
|  #\* | Lotte Tour Development Co. Ltd. | 65068 | 496631 |
|  # | Lotte Wellfood Co. Ltd. | 3531 | 294245 |
|  | LS Eco Energy Ltd. | 35473 | 802600 |
|  # | LS Marine Solution Co. Ltd. | 41609 | 523212 |
|  # | LS Materials Ltd. | 19490 | 152870 |
|  #\* | LVMC Holdings | 293775 | 360878 |
|  | LX Hausys Ltd. | 3983 | 80817 |
|  | LX Holdings Corp. | 72830 | 335476 |
|  | LX International Corp. | 80294 | 1497540 |
|  # | LX Semicon Co. Ltd. | 29995 | 1141607 |
|  # | M.I.Tech Co. Ltd. | 26692 | 151227 |
|  | Macrogen, Inc. | 14300 | 161118 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Maeil Dairies Co. Ltd. | 2274 | $58971 |
|  #\* | Manyo Co. Ltd. | 9701 | 125786 |
|  | Mcnex Co. Ltd. | 36111 | 608416 |
|  \* | Medipost Co. Ltd. | 25858 | 166894 |
|  # | Medytox, Inc. | 13641 | 1675844 |
|  #\* | Meerecompany, Inc. | 10737 | 136470 |
|  | MegaStudy Co. Ltd. | 20057 | 150453 |
|  # | MegaStudyEdu Co. Ltd. | 26459 | 892450 |
|  | Mgame Corp. | 40981 | 146325 |
|  | Mi Chang Oil Industrial Co. Ltd. | 981 | 71209 |
|  #\* | MiCo Ltd. | 74179 | 543190 |
|  \* | Micro Digital Co. Ltd. | 5109 | 34038 |
|  \* | Mirae Asset Life Insurance Co. Ltd. | 94577 | 361357 |
|  | Mirae Asset Venture Investment Co. Ltd. | 18274 | 62366 |
|  # | Miwon Chemicals Co. Ltd. | 3654 | 202827 |
|  # | Miwon Commercial Co. Ltd. | 5072 | 683972 |
|  | Miwon Specialty Chemical Co. Ltd. | 5925 | 660410 |
|  # | MK Electron Co. Ltd. | 57809 | 308077 |
|  | MNTech Co. Ltd. | 63871 | 354153 |
|  # | Modetour Network, Inc. | 36249 | 286448 |
|  \* | MONAYONGPYONG**.** | 21228 | 66156 |
|  | Motonic Corp. | 7832 | 52789 |
|  # | Motrex Co. Ltd. | 36574 | 220616 |
|  #\* | MS Autotech Co. Ltd. | 89091 | 146083 |
|  | Muhak Co. Ltd. | 14237 | 73003 |
|  | Myoung Shin Industrial Co. Ltd. | 15741 | 92526 |
|  # | Namhae Chemical Corp. | 65840 | 315725 |
|  #\* | Namsun Aluminum Co. Ltd. | 259906 | 260424 |
|  | Namuga Co. Ltd. | 27708 | 251269 |
|  | Namyang Dairy Products Co. Ltd. | 6479 | 346816 |
|  \* | NanoenTek, Inc. | 10327 | 24890 |
|  # | NeoPharm Co. Ltd. | 21216 | 205239 |
|  # | Neosem, Inc. | 19145 | 134649 |
|  #\* | Neowiz | 43589 | 716649 |
|  | Neowiz Holdings Corp. | 6517 | 96301 |
|  #\* | NEPES Corp. | 45134 | 217084 |
|  #\* | Neptune Co. | 25923 | 134163 |

---

1043

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | New Power Plasma Co. Ltd. | 52076 | $169691 |
|  | Nexen Corp. | 108320 | 359027 |
|  #\* | Nexon Games Co. Ltd. | 46096 | 418489 |
|  # | NEXTIN, Inc. | 18543 | 698815 |
|  # | NHN Corp. | 31108 | 485328 |
|  # | NHN KCP Corp. | 80285 | 435053 |
|  \* | NIBEC Co. Ltd. | 2859 | 40280 |
|  | NICE Holdings Co. Ltd. | 60819 | 481473 |
|  | Nice Information & Telecommunication, Inc. | 8543 | 111687 |
|  # | NICE Information Service Co. Ltd. | 122690 | 1114105 |
|  | Nong Shim Holdings Co. Ltd. | 5721 | 270086 |
|  | NOROO Paint & Coatings Co. Ltd. | 10940 | 63916 |
|  | NOVAREX Co. Ltd. | 11174 | 80251 |
|  | NPC | 58198 | 167955 |
|  \* | NUVOTEC Co. Ltd. | 50183 | 57938 |
|  | OCI Co. Ltd. | 738 | 28622 |
|  | OCI Holdings Co. Ltd. | 36831 | 1677387 |
|  \* | OptoElectronics Solutions Co. Ltd. | 7246 | 46665 |
|  # | Oriental Precision & Engineering Co. Ltd. | 52444 | 203666 |
|  # | Orion Holdings Corp. | 62522 | 805454 |
|  \* | OSTEONIC Co. Ltd. | 29285 | 142619 |
|  | Otoki Corp. | 3352 | 944103 |
|  \* | Paik Kwang Industrial Co. Ltd. | 98951 | 453568 |
|  # | Paradise Co. Ltd. | 123837 | 1078833 |
|  # | Park Systems Corp. | 13163 | 1875244 |
|  | Partron Co. Ltd. | 105103 | 507844 |
|  # | People & Technology, Inc. | 46945 | 1340156 |
|  | PHA Co. Ltd. | 23841 | 166008 |
|  | PharmaResearch Co. Ltd. | 15070 | 3991576 |
|  # | Pharmicell Co. Ltd. | 129668 | 963677 |
|  #\* | Philoptics Co. Ltd. | 44336 | 952670 |
|  # | PI Advanced Materials Co. Ltd. | 53939 | 621177 |
|  #\* | Polaris AI Corp. | 122377 | 209648 |
|  #\* | Polaris Office Corp. | 29669 | 105017 |
|  | Poongsan Corp. | 51718 | 2159384 |
|  | Poongsan Holdings Corp. | 37452 | 755177 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | Posco M-Tech Co. Ltd. | 72480 | $616195 |
|  # | POSCO Steeleon Co. Ltd. | 5739 | 152274 |
|  #\* | Power Logics Co. Ltd. | 70717 | 230396 |
|  \* | Prestige Biologics Co. Ltd. | 3993 | 11702 |
|  # | Protec Co. Ltd. | 14082 | 237522 |
|  # | PSK, Inc. | 61581 | 772461 |
|  # | Pulmuone Co. Ltd. | 26098 | 269552 |
|  # | Pumtech Korea Co. Ltd. | 13185 | 507175 |
|  \* | Refine Co. Ltd. | 15771 | 137864 |
|  #\* | Reyon Pharmaceutical Co. Ltd. | 21786 | 174183 |
|  | RFHIC Corp. | 16463 | 178928 |
|  \* | RFTech Co. Ltd. | 26194 | 68531 |
|  #\* | Robostar Co. Ltd. | 21039 | 363390 |
|  \* | Robotis Co. Ltd. | 10858 | 262153 |
|  # | Rorze Systems Corp. | 13518 | 138806 |
|  # | S&S Tech Corp. | 46108 | 1115929 |
|  \* | Sajo Industries Co. Ltd. | 6890 | 175428 |
|  | Sajodaerim Corp. | 3239 | 86700 |
|  | Sam Young Electronics Co. Ltd. | 27048 | 202609 |
|  | Sam Yung Trading Co. Ltd. | 53069 | 509720 |
|  # | Samchully Co. Ltd. | 5272 | 339951 |
|  | SAMHWA Paints Industrial Co. Ltd. | 28229 | 119144 |
|  # | Samick THK Co. Ltd. | 29411 | 202997 |
|  #\* | Samil Pharmaceutical Co. Ltd. | 33169 | 305108 |
|  | Samji Electronics Co. Ltd. | 13833 | 101959 |
|  | Samjin Pharmaceutical Co. Ltd. | 27872 | 349820 |
|  | Sammok S-Form Co. Ltd. | 17220 | 254764 |
|  # | SAMPYO Cement Co. Ltd. | 81342 | 179869 |
|  \* | Samsung Pharmaceutical Co. Ltd. | 87379 | 92205 |
|  | SAMT Co. Ltd. | 211277 | 402892 |
|  # | Samwha Capacitor Co. Ltd. | 26881 | 469350 |
|  | Samyang Corp. | 2657 | 89431 |

---

1044

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | Samyang Foods Co. Ltd. | 2795 | $1907700 |
|  # | Samyang Holdings Corp. | 10226 | 442587 |
|  | Samyang Tongsang Co. Ltd. | 2102 | 68464 |
|  | Samyoung Co. Ltd. | 58165 | 165420 |
|  # | Sang-A Frontec Co. Ltd. | 33799 | 371495 |
|  \* | Sangbo Corp. | 36657 | 28223 |
|  | Saramin Co. Ltd. | 17733 | 195896 |
|  # | Satrec Initiative Co. Ltd. | 22920 | 724796 |
|  \*†† | SBW | 17624 | 31267 |
|  # | SD Biosensor, Inc. | 113728 | 751948 |
|  | SeAH Besteel Holdings Corp. | 34022 | 428240 |
|  | SeAH Holdings Corp. | 3283 | 212563 |
|  # | SeAH Steel Corp. | 3625 | 451284 |
|  | SeAH Steel Holdings Corp. | 5936 | 938768 |
|  | Sebang Co. Ltd. | 28135 | 225876 |
|  | Sebang Global Battery Co. Ltd. | 18787 | 910389 |
|  # | Seegene, Inc. | 80908 | 1496059 |
|  | Segyung Hitech Co. Ltd. | 6340 | 31391 |
|  # | Sejin Heavy Industries Co. Ltd. | 51963 | 317820 |
|  # | Seobu T&D | 89612 | 362922 |
|  | Seohee Construction Co. Ltd. | 11969 | 14588 |
|  #\* | Seojin System Co. Ltd. | 53663 | 769440 |
|  \* | Seoul Auction Co. Ltd. | 21719 | 135325 |
|  #\* | Seoul Semiconductor Co. Ltd. | 99509 | 465886 |
|  | Seoyon Co. Ltd. | 52444 | 274305 |
|  # | Seoyon E-Hwa Co. Ltd. | 34258 | 284020 |
|  \*†† | Sewon E&C Co. Ltd. | 103618 | 12829 |
|  # | SFA Engineering Corp. | 50747 | 724624 |
|  #\* | SFA Semicon Co. Ltd. | 212634 | 447772 |
|  | SGC Energy Co. Ltd. | 15166 | 248619 |
|  | Shinil Electronics Co. Ltd. | 181208 | 197097 |
|  # | Shinsegae International, Inc. | 23706 | 163651 |
|  | Shinsegae, Inc. | 17772 | 1970423 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | Shinsung Delta Tech Co. Ltd. | 17429 | $727369 |
|  #\* | Shinsung E&G Co. Ltd. | 363332 | 349261 |
|  \* | Shinyoung Securities Co. Ltd. | 17134 | 1073100 |
|  | Showbox Corp. | 20160 | 46076 |
|  # | SIMMTECH Co. Ltd. | 56473 | 627065 |
|  | SIMPAC, Inc. | 9817 | 28095 |
|  | Sindoh Co. Ltd. | 10505 | 318134 |
|  | SK Chemicals Co. Ltd. | 25289 | 707774 |
|  | SK Discovery Co. Ltd. | 30848 | 902803 |
|  #\* | SK Eternix Co. Ltd. | 38974 | 466576 |
|  | SK Gas Ltd. | 6987 | 1177324 |
|  \*W | SK IE Technology Co. Ltd. | 10766 | 169606 |
|  # | SK Networks Co. Ltd. | 309396 | 918867 |
|  #\* | SK oceanplant Co. Ltd. | 79243 | 834619 |
|  | SK Securities Co. Ltd. | 888955 | 302186 |
|  # | SL Corp. | 48829 | 1127677 |
|  \* | SMEC Co. Ltd. | 56803 | 108016 |
|  # | SNT Dynamics Co. Ltd. | 41800 | 975071 |
|  | SNT Holdings Co. Ltd. | 24371 | 568826 |
|  | SNT Motiv Co. Ltd. | 57546 | 1116894 |
|  \* | SOCAR, Inc. | 655 | 6677 |
|  # | Solid, Inc. | 153225 | 768788 |
|  #\* | SOLUM Co. Ltd. | 111224 | 1287223 |
|  | Solus Advanced Materials Co. Ltd. | 77203 | 463650 |
|  | Songwon Industrial Co. Ltd. | 40517 | 325638 |
|  # | Soop Co. Ltd. | 24718 | 1426187 |
|  | Soosan Industries Co. Ltd. | 8489 | 118632 |
|  # | Soulbrain Co. Ltd. | 1791 | 218175 |
|  # | Soulbrain Holdings Co. Ltd. | 18254 | 400629 |
|  # | SPG Co. Ltd. | 39138 | 688605 |
|  # | ST Pharm Co. Ltd. | 19931 | 1106420 |
|  # | STIC Investments, Inc. | 123274 | 858594 |
|  | Straffic Co. Ltd. | 43520 | 120714 |
|  \* | Studio Dragon Corp. | 30469 | 1098026 |
|  # | Suheung Co. Ltd. | 15919 | 160185 |
|  \* | Sukgyung AT Co. Ltd. | 7443 | 258479 |

---

1045

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  # | Sung Kwang Bend Co. Ltd. | 53485 | $1024766 |
|  \* | Sungeel Hitech Co. Ltd. | 9346 | 221321 |
|  # | Sungshin Cement Co. Ltd. | 44933 | 290868 |
|  # | Sungwoo Hitech Co. Ltd. | 128507 | 503689 |
|  # | Sunjin Co. Ltd. | 25264 | 104274 |
|  \* | Suprema, Inc. | 13237 | 302048 |
|  #\* | SY Co. Ltd. | 54902 | 143716 |
|  #\* | Synergy Innovation Co. Ltd. | 120206 | 242875 |
|  #\* | Synopex, Inc. | 256749 | 1144573 |
|  # | Systems Technology, Inc. | 37695 | 528459 |
|  # | T&L Co. Ltd. | 12428 | 630067 |
|  | Tae Kyung Industrial Co. Ltd. | 33888 | 117485 |
|  # | Taekwang Industrial Co. Ltd. | 710 | 378135 |
|  \* | Taesung Co. Ltd. | 1213 | 17582 |
|  \* | Taewoong Co. Ltd. | 24606 | 260201 |
|  # | TCC Steel | 43779 | 614921 |
|  # | TechWing, Inc. | 97261 | 2336937 |
|  | Telechips, Inc. | 28079 | 267485 |
|  # | TES Co. Ltd. | 45212 | 640543 |
|  # | TK Corp. | 47666 | 705482 |
|  # | TKG Huchems Co. Ltd. | 52809 | 597143 |
|  # | TLB Co. Ltd. | 18038 | 217757 |
|  # | Tokai Carbon Korea Co. Ltd. | 17011 | 1023795 |
|  \* | Tongyang Life Insurance Co. Ltd. | 96146 | 413378 |
|  | Toptec Co. Ltd. | 46092 | 133861 |
|  | Tovis Co. Ltd. | 39177 | 435287 |
|  | TS Corp. | 140490 | 336137 |
|  # | TSE Co. Ltd. | 8349 | 240238 |
|  \* | Tuksu Construction Co. Ltd. | 8187 | 47052 |
|  \* | Tway Air Co. Ltd. | 17213 | 25714 |
|  # | TYM Corp. | 89222 | 281801 |
|  | UBCare Co. Ltd. | 70003 | 185960 |
|  # | Ubiquoss Holdings, Inc. | 32753 | 227549 |
|  | Ubiquoss, Inc. | 39775 | 210223 |
|  | Uju Electronics Co. Ltd. | 15673 | 302179 |
|  #\* | Uni-Chem Co. Ltd. | 147216 | 169698 |
|  # | Unid Co. Ltd. | 12791 | 790302 |
|  # | Union Semiconductor Equipment & Materials Co. Ltd. | 60412 | 251721 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  \* | Unison Co. Ltd. | 146687 | $123423 |
|  #\* | UniTest, Inc. | 50562 | 351321 |
|  | Value Added Technology Co. Ltd. | 26781 | 382406 |
|  # | VICTEK Co. Ltd. | 61203 | 176212 |
|  \*†† | Vidente Co. Ltd. | 57951 | 25398 |
|  # | Vieworks Co. Ltd. | 29404 | 507620 |
|  \* | Vina Tech Co. Ltd. | 10773 | 189851 |
|  | VIOL Co. Ltd. | 15163 | 89552 |
|  | Vitzrocell Co. Ltd. | 48568 | 815936 |
|  #\* | VM, Inc. | 32182 | 262954 |
|  #\* | VT Co. Ltd. | 54440 | 1462709 |
|  # | Webzen, Inc | 44001 | 426781 |
|  \*†† | Wellbiotec Co. Ltd. | 132296 | 18986 |
|  | Whanin Pharmaceutical Co. Ltd. | 31370 | 258778 |
|  | WiSoL Co. Ltd. | 44273 | 213197 |
|  # | Won Tech Co. Ltd. | 31985 | 184923 |
|  #\* | Wonik Holdings Co. Ltd. | 94309 | 274749 |
|  # | WONIK IPS Co. Ltd. | 28192 | 449087 |
|  # | Wonik Materials Co. Ltd. | 17500 | 248634 |
|  # | Wonik QnC Corp. | 52975 | 633177 |
|  | Woojin, Inc. | 34048 | 192972 |
|  \* | Wooree Bio Co. Ltd. | 18462 | 29449 |
|  #\* | Woori Technology Investment Co. Ltd. | 101045 | 470311 |
|  #\* | Woori Technology, Inc. | 480804 | 679802 |
|  \* | Woosu AMS Co. Ltd. | 53438 | 115916 |
|  # | Worldex Industry & Trading Co. Ltd. | 40391 | 496328 |
|  \* | Wysiwyg Studios Co. Ltd. | 42569 | 38034 |
|  | Xexymix Corp. | 23387 | 100182 |
|  | Y G-1 Co. Ltd. | 6593 | 27076 |
|  #\* | YC Corp. | 94783 | 654956 |
|  # | YG Entertainment, Inc. | 36027 | 1700870 |
|  #\* | YG PLUS | 37071 | 142766 |
|  \* | YMT Co. Ltd. | 5683 | 36095 |
|  # | Youlchon Chemical Co. Ltd. | 35492 | 697605 |
|  # | Young Poong Corp. | 6350 | 165862 |
|  # | Youngone Corp. | 42784 | 1426645 |
|  | Youngone Holdings Co. Ltd. | 20806 | 1400598 |
|  | Yuanta Securities Korea Co. Ltd. | 217450 | 452649 |
|  \* | Yulho Co. Ltd. | 31321 | 38577 |

---

1046

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  \* | Yungjin Pharmaceutical Co. Ltd. | 220912 | $| 316344 |
|  | Zeus Co. Ltd. | 66051 |  | 601067 |
|  | Zinus, Inc. | 3039 |  | 37280 |
|  TOTAL SOUTH KOREA | TOTAL SOUTH KOREA |  |  | 295550805 |
|  SPAIN — (0.0%) | SPAIN — (0.0%) | SPAIN — (0.0%) | SPAIN — (0.0%) | SPAIN — (0.0%) |
|  | AmRest Holdings SE | 115336 |  | 540049 |
|  TAIWAN — (18.3%) | TAIWAN — (18.3%) | TAIWAN — (18.3%) | TAIWAN — (18.3%) | TAIWAN — (18.3%) |
|  | 104 Corp. | 1000 |  | 7144 |
|  # | 91APP, Inc. | 124000 |  | 324811 |
|  | Aaeon Technology, Inc. | 10845 |  | 42597 |
|  | Abico Avy Co. Ltd. | 328841 |  | 323146 |
|  # | Ability Enterprise Co. Ltd. | 595293 |  | 867633 |
|  # | Ability Opto-Electronics Technology Co. Ltd. | 224776 |  | 923124 |
|  # | AcBel Polytech, Inc. | 1816356 |  | 1463534 |
|  # | Acer E-Enabling Service Business, Inc. | 20000 |  | 151294 |
|  #\* | ACES Electronic Co. Ltd. | 333822 |  | 503307 |
|  \* | Acon Holding, Inc. | 724560 |  | 207598 |
|  | Acter Group Corp. Ltd. | 353980 |  | 4455986 |
|  # | Action Electronics Co. Ltd. | 688000 |  | 329379 |
|  # | Actron Technology Corp. | 153151 |  | 613913 |
|  # | ADATA Technology Co. Ltd. | 1002243 |  | 2621708 |
|  # | Addcn Technology Co. Ltd. | 95526 |  | 522076 |
|  #\* | Adimmune Corp. | 512000 |  | 317612 |
|  | Adlink Technology, Inc. | 4000 |  | 9453 |
|  # | Advanced Ceramic X Corp. | 156000 |  | 594012 |
|  | Advanced International Multitech Co. Ltd. | 384000 |  | 816624 |
|  #\* | Advanced Optoelectronic Technology, Inc. | 354000 |  | 177158 |
|  # | Advanced Power Electronics Corp. | 138000 |  | 319841 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  # | Advancetek Enterprise Co. Ltd. | 1051519 | $2370063 |
|  # | Aero Win Technology Corp. | 37000 | 68470 |
|  | Aerospace Industrial Development Corp. | 2123000 | 3111664 |
|  # | AGV Products Corp. | 1432433 | 502188 |
|  # | AIC, Inc. | 34934 | 325690 |
|  # | Alexander Marine Co. Ltd. | 49618 | 220878 |
|  # | Allied Circuit Co. Ltd. | 107845 | 392718 |
|  # | Allied Supreme Corp. | 99000 | 753574 |
|  # | Allis Electric Co. Ltd. | 540016 | 1567483 |
|  | Alltek Technology Corp. | 554423 | 668234 |
|  # | Alltop Technology Co. Ltd. | 121774 | 930509 |
|  # | Alpha Networks, Inc. | 834158 | 719767 |
|  # | Altek Corp. | 803095 | 915764 |
|  # | Amazing Microelectronic Corp. | 278352 | 648935 |
|  # | Ambassador Hotel | 1092000 | 1535483 |
|  # | AMPACS Corp. | 140000 | 143704 |
|  # | Ampire Co. Ltd. | 317000 | 298127 |
|  # | Ample Electronic Technology Co. Ltd. | 34000 | 105940 |
|  # | AMPOC Far-East Co. Ltd. | 317444 | 871296 |
|  # | AmTRAN Technology Co. Ltd. | 1543259 | 691770 |
|  \* | Amulaire Thermal Technology, Inc. | 133017 | 105059 |
|  | Anderson Industrial Corp. | 72000 | 30554 |
|  # | Anji Technology Co. Ltd. | 139317 | 128338 |
|  # | Anpec Electronics Corp. | 197007 | 930492 |
|  | Aopen, Inc. | 51000 | 73750 |
|  # | Apac Opto Electronics, Inc. | 147000 | 342424 |
|  # | Apacer Technology, Inc. | 315325 | 453719 |
|  | APAQ Technology Co. Ltd. | 484 | 1507 |
|  | APCB, Inc. | 297000 | 135220 |
|  # | Apex Biotechnology Corp. | 226483 | 222900 |
|  # | Apex Dynamics, Inc. | 4000 | 84045 |

---

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  #\* | Apex International Co. Ltd. | 462479 | $334371 |
|  | Apex Science & Engineering | 205255 | 71832 |
|  # | ARBOR Technology Corp. | 88000 | 126083 |
|  | Arcadyan Technology Corp. | 473055 | 3500597 |
|  # | Ardentec Corp. | 1249274 | 2914162 |
|  # | ARES International Corp. | 62000 | 125208 |
|  | Argosy Research, Inc. | 185396 | 841916 |
|  # | Asia Optical Co., Inc. | 766000 | 3255955 |
|  # | Asia Polymer Corp. | 1156996 | 458640 |
|  # | Asia Tech Image, Inc | 198000 | 598408 |
|  | ASIX Electronics Corp. | 101000 | 288000 |
|  | ASROCK, Inc. | 126000 | 693774 |
|  # | ATE Energy International Co. Ltd. | 188000 | 137932 |
|  # | Aten International Co. Ltd. | 344479 | 738138 |
|  # | Auden Techno Corp. | 44000 | 117565 |
|  # | Audix Corp. | 279600 | 525185 |
|  # | AURAS Technology Co. Ltd. | 136148 | 2099635 |
|  # | Aurora Corp. | 262349 | 501648 |
|  # | Avalue Technology, Inc. | 164000 | 502751 |
|  # | Avermedia Technologies | 36000 | 43423 |
|  # | Axiomtek Co. Ltd. | 218765 | 702464 |
|  # | Azurewave Technologies, Inc. | 214000 | 306765 |
|  | Bafang Yunji International Co. Ltd. | 77000 | 441679 |
|  | Bank of Kaohsiung Co. Ltd. | 3506159 | 1302046 |
|  # | Basso Industry Corp. | 472900 | 550861 |
|  # | BenQ Materials Corp. | 556000 | 413710 |
|  # | BES Engineering Corp. | 4254750 | 1405242 |
|  # | Billion Electric Co. Ltd. | 49000 | 47824 |
|  # | Bin Chuan Enterprise Co. Ltd. | 224070 | 341837 |
|  | Bionime Corp. | 95000 | 167154 |
|  \* | Biostar Microtech International Corp. | 631975 | 372346 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Bioteque Corp. | 157308 | $622410 |
|  | Bon Fame Co. Ltd. | 40000 | 94559 |
|  | Brave C&H Supply Co. Ltd. | 75000 | 233593 |
|  # | Bright Led Electronics Corp. | 375520 | 214338 |
|  | Brighton-Best International Taiwan, Inc. | 1344318 | 1402246 |
|  # | Brillian Network & Automation Integrated System Co. Ltd. | 63008 | 361346 |
|  # | Browave Corp. | 197000 | 975616 |
|  # | C Sun Manufacturing Ltd. | 468969 | 2081588 |
|  #\* | Calin Technology Co. Ltd. | 101000 | 90986 |
|  \* | Cameo Communications, Inc. | 631645 | 174885 |
|  # | Capital Futures Corp. | 338280 | 513168 |
|  # | Capital Securities Corp. | 5089501 | 4140809 |
|  #\* | Career Technology MFG. Co. Ltd. | 763003 | 279413 |
|  | Castles Technology Co. Ltd. | 193651 | 419011 |
|  # | Caswell, Inc. | 116000 | 325931 |
|  | Cathay Chemical Works | 30000 | 50878 |
|  # | Cathay Consolidated, Inc. | 28598 | 83444 |
|  # | Cathay Real Estate Development Co. Ltd. | 1613700 | 975550 |
|  # | CCP Contact Probes Co. Ltd. | 263978 | 228424 |
|  #\* | Celxpert Energy Corp. | 244919 | 221027 |
|  | Cenra, Inc. | 419500 | 455014 |
|  # | Center Laboratories, Inc. | 1527031 | 1706638 |
|  # | Central Reinsurance Co. Ltd. | 832905 | 684292 |
|  # | Century Iron & Steel Industrial Co. Ltd. | 405000 | 2231868 |
|  # | Chain Chon Industrial Co. Ltd. | 432484 | 181775 |

---

1048

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  #\* | ChainQui Construction Development Co. Ltd. | 445080 | $199278 |
|  # | Chaintech Technology Corp. | 20000 | 22225 |
|  #\* | Champion Building Materials Co. Ltd. | 586465 | 202907 |
|  # | Champion Microelectronic Corp. | 51000 | 73001 |
|  | Chang Wah Electromaterials, Inc. | 1297350 | 1746486 |
|  | Chang Wah Technology Co. Ltd. | 1180425 | 1330936 |
|  # | Channel Well Technology Co. Ltd. | 655000 | 1486253 |
|  # | Chant Sincere Co. Ltd. | 138000 | 216159 |
|  | Charoen Pokphand Enterprise | 618483 | 1935461 |
|  # | CHC Healthcare Group | 293000 | 396449 |
|  | CHC Resources Corp. | 346282 | 779262 |
|  # | Chen Full International Co. Ltd. | 342000 | 512830 |
|  | Chenbro Micom Co. Ltd. | 189000 | 1476212 |
|  # | Chenfull Precision Co. Ltd. | 29000 | 120093 |
|  # | Cheng Loong Corp. | 2720383 | 1486604 |
|  #\* | Cheng Mei Materials Technology Corp. | 1048524 | 423874 |
|  # | Cheng Uei Precision Industry Co. Ltd. | 891331 | 1366048 |
|  # | Chenming Electronic Technology Corp. | 287437 | 799046 |
|  | Chia Chang Co. Ltd. | 378000 | 459542 |
|  # | Chia Hsin Cement Corp. | 1760643 | 817269 |
|  # | Chicony Power Technology Co. Ltd. | 408454 | 1366993 |
|  | Chief Telecom, Inc. | 67900 | 917876 |
|  | Chieftek Precision Co. Ltd. | 248847 | 688871 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Chien Kuo Construction Co. Ltd. | 324999 | $290079 |
|  | Chien Shing Harbour Service Co. Ltd. | 23000 | 34675 |
|  \* | Chien Shing Stainless Steel Co. Ltd. | 86309 | 33126 |
|  | China Bills Finance Corp. | 2443000 | 1138644 |
|  # | China Ecotek Corp. | 145000 | 251160 |
|  # | China Electric Manufacturing Corp. | 741959 | 316122 |
|  # | China General Plastics Corp. | 1397461 | 486412 |
|  # | China Glaze Co. Ltd. | 235002 | 118682 |
|  #\* | China Man-Made Fiber Corp. | 3439390 | 683231 |
|  # | China Metal Products | 889603 | 737445 |
|  # | China Motor Corp. | 654600 | 1468152 |
|  #\* | China Petrochemical Development Corp. | 9665553 | 2172706 |
|  # | China Steel Chemical Corp. | 442554 | 1265090 |
|  # | China Steel Structure Co. Ltd. | 282000 | 386424 |
|  # | China Wire & Cable Co. Ltd. | 252160 | 266205 |
|  | Chinese Maritime Transport Ltd. | 266594 | 337748 |
|  # | Ching Feng Home Fashions Co. Ltd. | 396360 | 304392 |
|  # | Chin-Poon Industrial Co. Ltd. | 1209207 | 1223579 |
|  \* | Chip Hope Co. Ltd. | 11000 | 13498 |
|  | Chipbond Technology Corp. | 2027000 | 4030334 |
|  # | ChipMOS Technologies, Inc. (8150 TT) | 1671076 | 1382445 |
|  # | Chlitina Holding Ltd. | 119191 | 424877 |
|  | Chong Hong Construction Co. Ltd. | 639666 | 1752449 |
|  # | Chun YU Works & Co. Ltd. | 526050 | 344252 |
|  # | Chun Yuan Steel Industry Co. Ltd. | 1806529 | 1027177 |
|  # | Chung Hung Steel Corp. | 1727979 | 873571 |

---

1049

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Chung Hwa Food Industrial Co. Ltd. | 126535 | $361977 |
|  #\* | Chung Hwa Pulp Corp. | 1310405 | 523781 |
|  | Chunghwa Chemical Synthesis & Biotech Co. Ltd. | 22000 | 20075 |
|  # | Chunghwa Precision Test Tech Co. Ltd. | 50000 | 1140977 |
|  # | Chyang Sheng Texing Co. Ltd. | 304000 | 215744 |
|  | Cleanaway Co. Ltd. (8422 TT) | 218000 | 1237889 |
|  | Clevo Co. | 1450200 | 2173268 |
|  # | CMC Magnetics Corp. | 2542108 | 631554 |
|  # | C-Media Electronics, Inc. | 124000 | 137501 |
|  #\* | CoAsia Electronics Corp. | 151827 | 264794 |
|  # | Collins Co. Ltd. | 351431 | 168508 |
|  # | Complex Micro Interconnection Co. Ltd. | 64000 | 82142 |
|  # | Compucase Enterprise | 278000 | 571365 |
|  | Concord International Securities Co. Ltd. | 472052 | 189601 |
|  # | Concord Securities Co. Ltd. | 1722835 | 628764 |
|  | Continental Holdings Corp. | 1287320 | 980456 |
|  # | Contrel Technology Co. Ltd. | 513000 | 609193 |
|  | Coremax Corp. | 256215 | 361264 |
|  # | Coretronic Corp. | 1108200 | 2181144 |
|  # | Co-Tech Development Corp. | 754533 | 1126161 |
|  | Coxon Precise Industrial Co. Ltd. | 90000 | 42753 |
|  | Crowell Development Corp. | 78000 | 87325 |
|  # | Cryomax Cooling System Corp. | 65175 | 61512 |
|  #\* | CSBC Corp. Taiwan | 1021000 | 536071 |
|  | CTCI Advanced Systems, Inc. | 9000 | 39688 |
|  | CTCI Corp. | 1575000 | 1354289 |
|  # | CTI Traffic Industries Co. Ltd. | 92000 | 308512 |
|  | CviLux Corp. | 218040 | 319533 |
|  # | Cyberlink Corp. | 127000 | 393854 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  # | CyberPower Systems, Inc. | 223650 | $1974406 |
|  #\* | CyberTAN Technology, Inc. | 972779 | 688631 |
|  | Cystech Electronics Corp. | 15750 | 40069 |
|  # | DA CIN Construction Co. Ltd. | 881368 | 1549147 |
|  | Dafeng TV Ltd. | 304870 | 507517 |
|  # | Dah San Electric Wire & Cable Co. Ltd. | 165600 | 269585 |
|  # | Da-Li Development Co. Ltd. | 1503411 | 2181547 |
|  # | Darfon Electronics Corp. | 658550 | 782670 |
|  # | Darwin Precisions Corp. | 997635 | 356871 |
|  # | Daxin Materials Corp. | 191200 | 988087 |
|  # | De Licacy Industrial Co. Ltd. | 611881 | 274969 |
|  | Delpha Construction Co. Ltd. | 56000 | 58065 |
|  # | Depo Auto Parts Ind Co. Ltd. | 302000 | 1723340 |
|  | DFI, Inc. | 14000 | 27405 |
|  # | Dimerco Data System Corp. | 208612 | 816511 |
|  | Dimerco Express Corp. | 453945 | 1045299 |
|  | DingZing Advanced Materials, Inc. | 11000 | 44382 |
|  # | D-Link Corp. | 1278855 | 657437 |
|  | Donpon Precision, Inc. | 138000 | 123627 |
|  # | Dr. Wu Skincare Co. Ltd. | 57000 | 240480 |
|  # | Draytek Corp. | 195000 | 207412 |
|  # | Drewloong Precision, Inc. | 50128 | 274579 |
|  #\* | Dyaco International, Inc. | 249080 | 184168 |
|  # | Dynamic Holding Co. Ltd. | 732707 | 987397 |
|  # | Dynapack International Technology Corp. | 480000 | 2610174 |
|  # | Eastech Holding Ltd. | 118000 | 381800 |
|  \* | Eastern Media International Corp. | 628765 | 321775 |

---

1050

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | eCloudvalley Digital Technology Co. Ltd. | 9000 | $25332 |
|  # | ECOVE Environment Corp. | 113000 | 1012383 |
|  #\* | Edimax Technology Co. Ltd. | 599108 | 423808 |
|  # | Edison Opto Corp. | 262749 | 163002 |
|  | Edom Technology Co. Ltd. | 732964 | 562039 |
|  # | eGalax_eMPIA Technology, Inc. | 127777 | 170343 |
|  \* | Egis Technology, Inc. | 48000 | 146257 |
|  # | Elan Microelectronics Corp. | 907400 | 3732251 |
|  # | E-Lead Electronic Co. Ltd. | 197873 | 299573 |
|  # | E-LIFE MALL Corp. | 295000 | 671236 |
|  #\* | Elite Advanced Laser Corp. | 531226 | 3440470 |
|  | Elite Semiconductor Microelectronics Technology, Inc. | 813200 | 1322139 |
|  # | Elitegroup Computer Systems Co. Ltd. | 819254 | 397451 |
|  # | Emerging Display Technologies Corp. | 462000 | 347252 |
|  # | ENE Technology, Inc. | 54000 | 61906 |
|  | Ennoconn Corp. | 204938 | 1723630 |
|  # | Ennostar, Inc. | 1588462 | 1796091 |
|  | EnTie Commercial Bank Co. Ltd. | 1631603 | 667750 |
|  \* | Epileds Technologies, Inc. | 108000 | 76963 |
|  | Episil-Precision, Inc. | 13000 | 13816 |
|  | Eris Technology Corp. | 38019 | 194563 |
|  # | Eson Precision Ind Co. Ltd. | 272000 | 383459 |
|  | Eternal Materials Co. Ltd. | 2674985 | 2144142 |
|  # | Eurocharm Holdings Co. Ltd. | 102000 | 494081 |
|  # | Ever Supreme Bio Technology Co. Ltd. | 152025 | 789889 |
|  \* | Everest Textile Co. Ltd. | 999762 | 211538 |
|  | Evergreen Aviation Technologies Corp. | 171000 | 557506 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Evergreen International Storage & Transport Corp. | 1590000 | $1439239 |
|  # | EVERGREEN Steel Corp. | 436000 | 1126832 |
|  # | Everlight Chemical Industrial Corp. | 1420606 | 748683 |
|  # | Everlight Electronics Co. Ltd. | 1251000 | 3000547 |
|  | Evertop Wire Cable Corp. | 228000 | 172430 |
|  # | Excellence Opto, Inc. | 269000 | 171939 |
|  # | Excelsior Medical Co. Ltd. | 416985 | 1137049 |
|  # | EZconn Corp. | 176609 | 1974488 |
|  | Far Eastern Department Stores Ltd. | 3000000 | 2202105 |
|  | Far Eastern International Bank | 7761544 | 3124963 |
|  | Farglory F T Z Investment Holding Co. Ltd. | 436970 | 469385 |
|  # | Farglory Land Development Co. Ltd. | 657000 | 1226708 |
|  | Feature Integration Technology, Inc. | 11000 | 21065 |
|  #\* | Federal Corp. | 1194238 | 668900 |
|  # | Feedback Technology Corp. | 102222 | 343800 |
|  | Feng Hsin Steel Co. Ltd. | 1642100 | 3089278 |
|  # | FineTek Co. Ltd. | 53488 | 202130 |
|  # | Firich Enterprises Co. Ltd. | 659514 | 535919 |
|  \* | First Copper Technology Co. Ltd. | 18000 | 19886 |
|  # | First Hi-Tec Enterprise Co. Ltd. | 189580 | 857316 |
|  | First Hotel | 713350 | 295903 |
|  # | First Insurance Co. Ltd. | 900179 | 830966 |
|  #\* | First Steamship Co. Ltd. | 1982612 | 382352 |
|  # | FIT Holding Co. Ltd. | 431456 | 634330 |
|  | Fitipower Integrated Technology, Inc. | 214350 | 1471434 |
|  \* | Fittech Co. Ltd. | 138785 | 312448 |

---

1051

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  # | FLEXium Interconnect, Inc. | 849087 | $1348289 |
|  # | Flytech Technology Co. Ltd. | 369309 | 1312745 |
|  # | FocalTech Systems Co. Ltd. | 183000 | 355979 |
|  # | Forcecon Tech Co. Ltd. | 172770 | 598900 |
|  \* | Forest Water Environment Engineering Co. Ltd. | 45408 | 42629 |
|  # | Formosa Advanced Technologies Co. Ltd. | 514000 | 427433 |
|  \* | Formosa Electronic Industries, Inc. | 33000 | 36469 |
|  | Formosa International Hotels Corp. | 161329 | 1005848 |
|  | Formosa Laboratories, Inc. | 261089 | 493560 |
|  | Formosa Oilseed Processing Co. Ltd. | 233695 | 216648 |
|  | Formosa Optical Technology Co. Ltd. | 128000 | 557384 |
|  | Formosa Sumco Technology Corp. | 5000 | 12480 |
|  # | Formosa Taffeta Co. Ltd. | 1717000 | 890032 |
|  | Formosan Rubber Group, Inc. | 644956 | 504516 |
|  | Formosan Union Chemical | 980733 | 531960 |
|  # | Founding Construction & Development Co. Ltd. | 629623 | 345532 |
|  | Foxsemicon Integrated Technology, Inc. | 248027 | 2125587 |
|  | Franbo Lines Corp. | 53328 | 33344 |
|  | Froch Enterprise Co. Ltd. | 581189 | 273947 |
|  # | FSP Technology, Inc. | 549427 | 927124 |
|  # | Fu Chun Shin Machinery Manufacture Co. Ltd. | 146000 | 75596 |
|  # | Fu Hua Innovation Co. Ltd. | 773798 | 910071 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Fulgent Sun International Holding Co. Ltd. | 453958 | $1446492 |
|  \* | Full Wang International Development Co. Ltd. | 38000 | 32896 |
|  # | Fullerton Technology Co. Ltd. | 266600 | 206798 |
|  #\* | Fulltech Fiber Glass Corp. | 1443185 | 1234373 |
|  | Fusheng Precision Co. Ltd. | 273000 | 3045235 |
|  # | Fwusow Industry Co. Ltd. | 700943 | 310281 |
|  # | G Shank Enterprise Co. Ltd. | 506474 | 1157430 |
|  | Gallant Micro Machining Co. Ltd. | 2000 | 24194 |
|  # | Gamania Digital Entertainment Co. Ltd. | 384000 | 881769 |
|  #\* | GCS Holdings, Inc. | 260000 | 757535 |
|  # | GEM Services, Inc. | 142570 | 289456 |
|  | Gemtek Technology Corp. | 1068219 | 950161 |
|  \* | General Interface Solution GIS Holding Ltd. | 533000 | 782046 |
|  | General Plastic Industrial Co. Ltd. | 196357 | 195253 |
|  # | Generalplus Technology, Inc. | 195000 | 253987 |
|  | Genesys Logic, Inc. | 208000 | 908111 |
|  # | Genius Electronic Optical Co. Ltd. | 151917 | 1784357 |
|  | Genovate Biotechnology Co. Ltd. | 63980 | 41142 |
|  | GeoVision, Inc. | 156725 | 307637 |
|  | Getac Holdings Corp. | 493360 | 1660147 |
|  | GFC Ltd. | 229600 | 775912 |
|  # | Giant Manufacturing Co. Ltd. | 56000 | 228605 |
|  # | Giantplus Technology Co. Ltd. | 728900 | 302214 |
|  #\* | Gigasolar Materials Corp. | 62400 | 123678 |
|  #\* | Gigastorage Corp. | 809965 | 309609 |
|  # | Global Brands Manufacture Ltd. | 858730 | 1635871 |

---

1052

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  # | Global Lighting Technologies, Inc. | 284000 | $399415 |
|  | Global Mixed Mode Technology, Inc. | 222000 | 1540243 |
|  # | Global PMX Co. Ltd. | 140000 | 403089 |
|  # | Globe Union Industrial Corp. | 635230 | 216786 |
|  # | Gloria Material Technology Corp. | 1210547 | 1671055 |
|  | GMI Technology, Inc. | 16000 | 26697 |
|  # | Golden Long Teng Development Co. Ltd. | 107000 | 95300 |
|  | Goldsun Building Materials Co. Ltd. | 2513587 | 3087672 |
|  | Good Finance Securities Co. Ltd. | 17000 | 11032 |
|  # | Good Will Instrument Co. Ltd. | 238869 | 313208 |
|  # | Gordon Auto Body Parts | 315000 | 336135 |
|  # | Gourmet Master Co. Ltd. | 216000 | 618505 |
|  # | Grand Fortune Securities Co. Ltd. | 878683 | 338142 |
|  #\* | Grand Pacific Petrochemical | 3961280 | 1460063 |
|  # | Grand Process Technology Corp. | 79000 | 2303680 |
|  # | GrandTech CG Systems, Inc. | 204797 | 338106 |
|  | Grape King Bio Ltd. | 408000 | 1737626 |
|  # | Great China Metal Industry | 483000 | 346676 |
|  # | Great Taipei Gas Co. Ltd. | 1444000 | 1388913 |
|  # | Great Tree Pharmacy Co. Ltd. | 207069 | 1033094 |
|  # | Great Wall Enterprise Co. Ltd. | 2255001 | 4219815 |
|  # | Greatek Electronics, Inc. | 978000 | 1681706 |
|  # | Green World FinTech Service Co. Ltd. | 167000 | 296251 |
|  # | Group Up Industrial Co. Ltd. | 98000 | 556278 |
|  # | GTM Holdings Corp. | 431150 | 429721 |
|  | Gudeng Precision Industrial Co. Ltd. | 130094 | 1502845 |
|  # | Hannstar Board Corp. | 870277 | 1292654 |
|  #\* | HannStar Display Corp. | 5666505 | 1255500 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  \* | HannsTouch Holdings Co. | 1569782 | $345278 |
|  | Hanpin Electron Co. Ltd. | 170000 | 248935 |
|  # | Harvatek Corp. | 539949 | 276845 |
|  # | Heran Co. Ltd. | 38000 | 101068 |
|  | Hey Song Corp. | 1451750 | 1775721 |
|  | Hi-Clearance, Inc. | 106290 | 474780 |
|  | Highlight Tech Corp. | 257024 | 365083 |
|  # | Hi-Lai Foods Co. Ltd. | 20000 | 91841 |
|  # | HIM International Music, Inc. | 60710 | 184400 |
|  # | Hitron Technology, Inc. | 447557 | 304144 |
|  # | Hiyes International Co. Ltd. | 21667 | 81137 |
|  | Ho Tung Chemical Corp. | 2214684 | 582644 |
|  # | Hocheng Corp. | 783734 | 437276 |
|  # | Holdings-Key Electric Wire & Cable Co. Ltd. | 164726 | 198801 |
|  # | Holiday Entertainment Co. Ltd. | 162430 | 390221 |
|  # | Holtek Semiconductor, Inc. | 549000 | 699491 |
|  # | Holy Stone Enterprise Co. Ltd. | 532655 | 1393694 |
|  | Hong Ho Precision Textile Co. Ltd. | 115000 | 93497 |
|  # | Hong Pu Real Estate Development Co. Ltd. | 756185 | 702708 |
|  # | Hong TAI Electric Industrial | 794000 | 765804 |
|  | Hong YI Fiber Industry Co. | 249652 | 97103 |
|  | Horizon Securities Co. Ltd. | 1136320 | 366377 |
|  # | Hota Industrial Manufacturing Co. Ltd. | 594299 | 1182823 |
|  | Hotai Finance Co. Ltd. | 86000 | 182774 |
|  \* | Hotron Precision Electronic Industrial Co. Ltd. | 65667 | 40374 |
|  | Hsin Ba Ba Corp. | 11227 | 30849 |
|  # | Hsin Kuang Steel Co. Ltd. | 581000 | 784404 |

---

1053

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Hsin Yung Chien Co. Ltd. | 157255 | $436066 |
|  # | Hsing TA Cement Co. | 488162 | 256018 |
|  #\* | HTC Corp. | 1777000 | 2151128 |
|  # | Hu Lane Associate, Inc. | 258030 | 1225029 |
|  # | HUA ENG Wire & Cable Co. Ltd. | 1109565 | 854950 |
|  # | Hua Yu Lien Development Co. Ltd. | 149844 | 560097 |
|  | Huaku Development Co. Ltd. | 903997 | 2948978 |
|  # | Huang Hsiang Construction Corp. | 205800 | 332235 |
|  | Hung Ching Development & Construction Co. Ltd. | 598000 | 547149 |
|  # | Hung Sheng Construction Ltd. | 1026251 | 732261 |
|  | Huxen Corp. | 119244 | 187371 |
|  # | Hwa Fong Rubber Industrial Co. Ltd. | 717812 | 390947 |
|  # | Hwacom Systems, Inc. | 278000 | 186181 |
|  # | Hwang Chang General Contractor Co. Ltd. | 450687 | 1026540 |
|  | Ibase Technology, Inc. | 132000 | 252803 |
|  # | IBF Financial Holdings Co. Ltd. | 8954825 | 3390916 |
|  # | Ichia Technologies, Inc. | 673000 | 774308 |
|  # | I-Chiun Precision Industry Co. Ltd. | 581105 | 1429553 |
|  # | IEI Integration Corp. | 365832 | 964710 |
|  # | Infortrend Technology, Inc. | 695163 | 539232 |
|  | Info-Tek Corp. | 203000 | 195930 |
|  # | Ingentec Corp. | 58104 | 215966 |
|  # | Innodisk Corp. | 260819 | 1901825 |
|  | Inpaq Technology Co. Ltd. | 291524 | 625274 |
|  # | Insyde Software Corp. | 116400 | 934652 |
|  # | Intai Technology Corp. | 135400 | 454143 |
|  # | Integrated Service Technology, Inc. | 215326 | 683797 |
|  \* | IntelliEPI, Inc. | 13000 | 39196 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Interactive Digital Technologies, Inc. | 36000 | $89432 |
|  #\* | International CSRC Investment Holdings Co. | 2131363 | 708436 |
|  # | Iron Force Industrial Co. Ltd. | 122786 | 369094 |
|  # | I-Sheng Electric Wire & Cable Co. Ltd. | 489000 | 778712 |
|  | ITE Technology, Inc. | 446095 | 1814741 |
|  | ITEQ Corp. | 689040 | 1383753 |
|  # | Jarllytec Co. Ltd. | 164000 | 632560 |
|  # | Jean Co. Ltd. | 287016 | 210330 |
|  # | Jetwell Computer Co. Ltd. | 16000 | 140302 |
|  # | Jia Wei Lifestyle, Inc. | 139000 | 217783 |
|  # | Jih Lin Technology Co. Ltd. | 151000 | 221257 |
|  # | Jiin Yeeh Ding Enterprise Co. Ltd. | 149200 | 299995 |
|  # | Johnson Health Tech Co. Ltd. | 158000 | 852548 |
|  # | JPC connectivity, Inc. | 269925 | 1065893 |
|  # | JPP Holding Co. Ltd. | 21001 | 93344 |
|  | JSL Construction & Development Co. Ltd. | 10000 | 25818 |
|  # | K Laser Technology, Inc | 533000 | 283428 |
|  # | Kaimei Electronic Corp. | 278183 | 491528 |
|  | Kaori Heat Treatment Co. Ltd. | 225197 | 1489802 |
|  | Kedge Construction Co. Ltd. | 42135 | 103904 |
|  | Keding Enterprises Co. Ltd. | 5000 | 19579 |
|  | KEE TAI Properties Co. Ltd. | 1154885 | 457933 |
|  | Kenda Rubber Industrial Co. Ltd. | 1565155 | 1154544 |
|  | Kerry TJ Logistics Co. Ltd. | 732000 | 812299 |
|  # | Keystone Microtech Corp. | 50000 | 458273 |
|  # | KHGEARS International Ltd. | 50000 | 236858 |
|  # | Kindom Development Co. Ltd. | 1206900 | 1925252 |
|  | King Chou Marine Technology Co. Ltd. | 168920 | 234258 |

---

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | King Polytechnic Engineering Co. Ltd. | 111300 | $163105 |
|  # | King's Town Bank Co. Ltd. | 2548701 | 3858682 |
|  #\* | King's Town Construction Co. Ltd. | 333074 | 494687 |
|  | Kingstate Electronics Corp. | 27000 | 31940 |
|  | Kinik Co. | 318000 | 2444540 |
|  # | Kinko Optical Co. Ltd. | 357103 | 276762 |
|  | Kinpo Electronics | 3476157 | 2170797 |
|  | Kinsus Interconnect Technology Corp. | 706000 | 1667742 |
|  | KMC Kuei Meng International, Inc. | 140253 | 424544 |
|  # | KNH Enterprise Co. Ltd. | 483020 | 263046 |
|  # | KS Terminals, Inc. | 389482 | 672636 |
|  # | Kung Long Batteries Industrial Co. Ltd. | 244000 | 1087998 |
|  \* | Kung Sing Engineering Corp. | 1126290 | 431470 |
|  # | Kuo Toong International Co. Ltd. | 662648 | 1146174 |
|  # | Kuo Yang Construction Co. Ltd. | 544899 | 339911 |
|  # | Kwong Fong Industries Corp. | 313691 | 121112 |
|  | Kwong Lung Enterprise Co. Ltd. | 316000 | 514424 |
|  | L&K Engineering Co. Ltd. | 528580 | 3906816 |
|  # | La Kaffa International Co. Ltd. | 68701 | 198935 |
|  \* | LAN FA Textile | 680933 | 247439 |
|  | Lang, Inc. | 12000 | 21246 |
|  # | Lanner Electronics, Inc. | 295650 | 808873 |
|  # | Laser Tek Taiwan Co. Ltd. | 240128 | 322388 |
|  # | Laster Tech Corp. Ltd. | 167638 | 150149 |
|  \* | Leader Electronics, Inc. | 287499 | 103366 |
|  #\* | Lealea Enterprise Co. Ltd. | 1995967 | 464684 |
|  # | LEE CHI Enterprises Co. Ltd. | 581000 | 203288 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Lelon Electronics Corp. | 317327 | $717911 |
|  | Lemtech Holdings Co. Ltd. | 101055 | 281802 |
|  | Leo Systems, Inc. | 76000 | 73448 |
|  \* | Leofoo Development Co. Ltd. | 130278 | 70146 |
|  #\* | Li Peng Enterprise Co. Ltd. | 1578897 | 307922 |
|  # | Lian HWA Food Corp. | 376631 | 1535621 |
|  # | Lingsen Precision Industries Ltd. | 1105506 | 487330 |
|  # | Lintes Technology Co. Ltd. | 16573 | 62559 |
|  # | Lion Travel Service Co. Ltd. | 142000 | 607580 |
|  # | Liton Technology Corp. | 106000 | 112792 |
|  #\* | Long Bon International Co. Ltd. | 469274 | 251711 |
|  # | Long Da Construction & Development Corp. | 466000 | 510161 |
|  #\* | Longchen Paper & Packaging Co. Ltd. | 2038637 | 581779 |
|  # | Longwell Co. | 400000 | 957990 |
|  # | Loop Telecommunication International, Inc. | 95000 | 156923 |
|  | Lucky Cement Corp. | 540000 | 233465 |
|  # | Lumax International Corp. Ltd. | 303832 | 904672 |
|  #\* | Lung Yen Life Service Corp. | 407000 | 865233 |
|  | Lungteh Shipbuilding Co. Ltd. | 100800 | 316014 |
|  | Luxe Green Energy Technology Co. Ltd. | 78280 | 54939 |
|  | M3 Technology, Inc. | 20000 | 62398 |
|  # | M31 Technology Corp. | 76561 | 1233682 |
|  | Macauto Industrial Co. Ltd. | 48000 | 76520 |
|  | Macroblock, Inc. | 50000 | 95871 |
|  # | Macronix International Co. Ltd. | 4840000 | 3008165 |
|  # | Marketech International Corp. | 227000 | 1141245 |

---

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Materials Analysis Technology, Inc. | 161320 | $786144 |
|  | Maxigen Biotech, Inc. | 48600 | 65080 |
|  # | Mayer Steel Pipe Corp. | 621080 | 554688 |
|  | Maywufa Co. Ltd. | 69322 | 47820 |
|  # | Mechema Chemicals International Corp. | 67000 | 110651 |
|  \* | Medeon Biodesign, Inc. | 16000 | 25445 |
|  # | Megaforce Co. Ltd. | 118000 | 101626 |
|  # | Meiloon Industrial Co. | 266184 | 185593 |
|  # | Mercuries & Associates Holding Ltd. | 1697367 | 725153 |
|  \* | Mercuries Life Insurance Co. Ltd. | 7114317 | 1229630 |
|  # | Merida Industry Co. Ltd. | 219000 | 908341 |
|  # | Merry Electronics Co. Ltd. | 590801 | 2091957 |
|  | METAAGE Corp. | 100000 | 159772 |
|  #\* | Microbio Co. Ltd. | 1110897 | 822634 |
|  # | Mildef Crete, Inc. | 193000 | 601705 |
|  # | MIN AIK Technology Co. Ltd. | 308452 | 247324 |
|  # | Mitac Holdings Corp. | 2774918 | 4621386 |
|  \* | Mobiletron Electronics Co. Ltd. | 115800 | 118172 |
|  #\* | MOSA Industrial Corp. | 288170 | 169600 |
|  #\* | Mosel Vitelic, Inc. | 169000 | 128462 |
|  # | Motech Industries, Inc. | 855000 | 502446 |
|  # | MPI Corp. | 138000 | 2825963 |
|  | MSSCORPS Co. Ltd. | 101534 | 396075 |
|  | Nak Sealing Technologies Corp. | 173954 | 632488 |
|  # | Namchow Holdings Co. Ltd. | 565000 | 831776 |
|  | Nan Juen International Co. Ltd. | 2000 | 7693 |
|  | Nan Kang Rubber Tire Co. Ltd. | 127000 | 155235 |
|  | Nan Liu Enterprise Co. Ltd. | 6000 | 10595 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Nan Pao Resins Chemical Co. Ltd. | 71000 | $756443 |
|  #\* | Nan Ren Lake Leisure Amusement Co. Ltd. | 438317 | 162006 |
|  # | Nang Kuang Pharmaceutical Co. Ltd. | 197000 | 225613 |
|  | Nantex Industry Co. Ltd. | 927606 | 776754 |
|  # | National Aerospace Fasteners Corp. | 74000 | 219029 |
|  | National Petroleum Co. Ltd. | 227824 | 440413 |
|  # | Netronix, Inc. | 209000 | 736727 |
|  \* | New Asia Construction & Development Corp. | 265000 | 153244 |
|  | New Best Wire Industrial Co. Ltd. | 195600 | 167396 |
|  | New Era Electronics Co. Ltd. | 99000 | 224829 |
|  #\* | Newmax Technology Co. Ltd. | 176000 | 113577 |
|  # | Nichidenbo Corp. | 636417 | 1284673 |
|  # | Nidec Chaun-Choung Technology Corp. | 110000 | 452676 |
|  | Nien Hsing Textile Co. Ltd. | 191345 | 109874 |
|  # | Niko Semiconductor Co. Ltd. | 251258 | 312809 |
|  | Nishoku Technology, Inc. | 132400 | 569078 |
|  # | Nova Technology Corp. | 84000 | 446629 |
|  # | Nuvoton Technology Corp. | 384000 | 825221 |
|  | O-Bank Co. Ltd. | 2729071 | 811649 |
|  # | Ocean Plastics Co. Ltd. | 764200 | 830368 |
|  # | OK Biotech Co. Ltd. | 215130 | 121770 |
|  # | Optimax Technology Corp. | 253000 | 251877 |
|  | Orient Europharma Co. Ltd. | 8000 | 11494 |
|  # | Orient Semiconductor Electronics Ltd. | 1061599 | 1068254 |
|  # | Oriental Union Chemical Corp. | 1358267 | 578403 |
|  # | O-TA Precision Industry Co. Ltd. | 216227 | 447709 |

---

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Pacific Construction Co. | 888921 | $283842 |
|  # | Pacific Hospital Supply Co. Ltd. | 255209 | 739681 |
|  \* | Paiho Shih Holdings Corp. | 503560 | 341037 |
|  | Pan German Universal Motors Ltd. | 36000 | 320326 |
|  # | Pan Jit International, Inc. | 988486 | 1373928 |
|  # | Pan-International Industrial Corp. | 1321747 | 1563332 |
|  # | Panion & BF Biotech, Inc. | 153449 | 337588 |
|  | Parade Technologies Ltd. | 51000 | 862044 |
|  \* | Paragon Technologies Co. Ltd. | 13727 | 7602 |
|  # | Parpro Corp. | 208000 | 279499 |
|  \* | PChome Online, Inc. | 112383 | 131622 |
|  # | PCL Technologies, Inc. | 196400 | 583920 |
|  # | P-Duke Technology Co. Ltd. | 214633 | 556978 |
|  # | Pegavision Corp. | 104913 | 1144552 |
|  # | PharmaEngine, Inc. | 79000 | 221089 |
|  \* | Phihong Technology Co. Ltd. | 464000 | 374165 |
|  # | Phoenix Silicon International Corp. | 370293 | 1513193 |
|  # | Phoenix Tours International, Inc. | 114400 | 211048 |
|  \* | Phytohealth Corp. | 225000 | 93739 |
|  # | Pixart Imaging, Inc. | 462150 | 3102395 |
|  | Planet Technology Corp. | 160000 | 718183 |
|  # | Plastron Precision Co. Ltd. | 360460 | 183249 |
|  # | Polytronics Technology Corp. | 187124 | 250703 |
|  # | Posiflex Technology, Inc. | 118457 | 959559 |
|  # | Power Wind Health Industry, Inc. | 110314 | 456311 |
|  # | Poya International Co. Ltd. | 153322 | 2295577 |
|  | President Securities Corp. | 2779193 | 2048601 |
|  | Primax Electronics Ltd. | 1199000 | 2801337 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Prince Housing & Development Corp. | 2473644 | $705239 |
|  # | Pro Hawk Corp. | 50000 | 237445 |
|  | Progate Group Corp. | 37589 | 165491 |
|  # | Promate Electronic Co. Ltd. | 622000 | 1381127 |
|  # | Prosperity Dielectrics Co. Ltd. | 312559 | 346508 |
|  # | PSS Co. Ltd. | 28000 | 119165 |
|  # | QST International Corp. | 187387 | 315277 |
|  # | Qualipoly Chemical Corp. | 308048 | 525116 |
|  | Quang Viet Enterprise Co. Ltd. | 139000 | 365676 |
|  | Quanta Storage, Inc. | 548000 | 1389469 |
|  #\* | Quintain Steel Co. Ltd. | 902039 | 280421 |
|  | Radiant Opto-Electronics Corp. | 273000 | 1268159 |
|  # | Radium Life Tech Co. Ltd. | 1746794 | 689427 |
|  # | Rafael Microelectronics, Inc. | 27821 | 87162 |
|  # | Raydium Semiconductor Corp. | 166000 | 1688074 |
|  #\* | RDC Semiconductor Co. Ltd. | 31000 | 151141 |
|  # | Rechi Precision Co. Ltd. | 847181 | 787910 |
|  # | Rexon Industrial Corp. Ltd. | 273000 | 272418 |
|  # | Rich Development Co. Ltd. | 1467137 | 413077 |
|  \* | Ritek Corp. | 1788867 | 596236 |
|  | Ruby Tech Corp. | 12360 | 16296 |
|  | Ruentex Engineering & Construction Co. | 279356 | 1491126 |
|  | Run Long Construction Co. Ltd. | 695200 | 703028 |
|  # | Sakura Development Co. Ltd. | 465163 | 884961 |
|  # | Sampo Corp. | 1267861 | 1009237 |
|  # | San Fang Chemical Industry Co. Ltd. | 686647 | 844329 |
|  | San Fu Chemical Co. Ltd. | 79000 | 255486 |

---

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**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | San Shing Fastech Corp. | 382875 | $636203 |
|  | Sanyang Motor Co. Ltd. | 433000 | 938277 |
|  # | Savior Lifetec Corp. | 741000 | 446873 |
|  # | SCI Pharmtech, Inc. | 90982 | 205130 |
|  | Scientech Corp. | 166000 | 1412912 |
|  | ScinoPharm Taiwan Ltd. | 619000 | 363672 |
|  # | SciVision Biotech, Inc. | 63000 | 185526 |
|  | SDI Corp. | 398000 | 892201 |
|  # | Sea Sonic Electronics Co. Ltd. | 87000 | 172403 |
|  | Securitag Assembly Group Co. Ltd. | 37000 | 97806 |
|  | Senao International Co. Ltd. | 300541 | 298258 |
|  # | Senao Networks, Inc. | 94207 | 519820 |
|  # | Sensortek Technology Corp. | 65000 | 368044 |
|  | Sercomm Corp. | 818000 | 2680874 |
|  # | Sesoda Corp. | 616803 | 641155 |
|  | Shan-Loong Transportation Co. Ltd. | 97000 | 47252 |
|  | Sharehope Medicine Co. Ltd. | 321672 | 277845 |
|  | Sheng Yu Steel Co. Ltd. | 296980 | 222524 |
|  # | ShenMao Technology, Inc. | 355891 | 651187 |
|  | Shieh Yih Machinery Industry Co. Ltd. | 189000 | 167140 |
|  # | Shih Her Technologies, Inc. | 162000 | 502389 |
|  \* | Shih Wei Navigation Co. Ltd. | 182842 | 92477 |
|  \* | Shihlin Development Co. Ltd. | 66000 | 21690 |
|  | Shin Hai Gas Corp. | 1245 | 1985 |
|  | Shin Hsiung Natural Gas Co. Ltd. | 34273 | 44582 |
|  | Shin Ruenn Development Co. Ltd. | 257100 | 503454 |
|  # | Shin Zu Shing Co. Ltd. | 548942 | 3202541 |
|  # | Shinfox Energy Co. Ltd. | 257995 | 700410 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  \* | Shining Building Business Co. Ltd. | 862814 | $286515 |
|  | Shinkong Insurance Co. Ltd. | 666131 | 2224547 |
|  | Shinkong Synthetic Fibers Corp. | 4133395 | 1616124 |
|  # | Shinkong Textile Co. Ltd. | 779542 | 1003427 |
|  # | Shiny Chemical Industrial Co. Ltd. | 389467 | 1622318 |
|  # | Shuttle, Inc. | 978152 | 515056 |
|  # | Sigurd Microelectronics Corp. | 1466907 | 3324124 |
|  # | Silicon Integrated Systems Corp. | 838400 | 1277874 |
|  | Sincere Navigation Corp. | 817139 | 593237 |
|  | Sinher Technology, Inc. | 124000 | 100124 |
|  # | Sinmag Equipment Corp. | 158056 | 730736 |
|  | Sinon Corp. | 1334510 | 1674057 |
|  | Sinphar Pharmaceutical Co. Ltd. | 334733 | 332689 |
|  | Sinyi Realty, Inc. | 834660 | 729067 |
|  # | Sirtec International Co. Ltd. | 207600 | 188138 |
|  # | Sitronix Technology Corp. | 362879 | 2404587 |
|  # | Siward Crystal Technology Co. Ltd. | 491000 | 322018 |
|  # | Soft-World International Corp. | 234000 | 731971 |
|  # | Solar Applied Materials Technology Corp. | 1527372 | 2522388 |
|  # | Solteam, Inc. | 233607 | 352894 |
|  | Song Shang Electronics Co. Ltd. | 76000 | 63021 |
|  # | Sonix Technology Co. Ltd. | 397000 | 432815 |
|  # | Southeast Cement Co. Ltd. | 579700 | 334827 |
|  # | Speed Tech Corp. | 321000 | 414439 |
|  # | Sporton International, Inc. | 252231 | 1322792 |
|  # | Sports Gear Co. Ltd. | 71000 | 258035 |
|  # | St. Shine Optical Co. Ltd. | 49000 | 263868 |

---

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**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Standard Chemical & Pharmaceutical Co. Ltd. | 288571 | $526485 |
|  | Standard Foods Corp. | 1033000 | 1089949 |
|  # | Stark Technology, Inc. | 334688 | 1534100 |
|  # | S-Tech Corp. | 371032 | 336655 |
|  | Sun Max Tech Ltd. | 29000 | 42310 |
|  #\* | Sun Yad Construction Co. Ltd. | 271329 | 124209 |
|  | Sunjuice Holdings Co. Ltd. | 6000 | 22890 |
|  \* | Sunko INK Co. Ltd. | 320400 | 119578 |
|  | SunMax Biotechnology Co. Ltd. | 96000 | 1418146 |
|  # | Sunny Friend Environmental Technology Co. Ltd. | 213998 | 526374 |
|  | Sunonwealth Electric Machine Industry Co. Ltd. | 664487 | 1801946 |
|  | Sunplus Innovation Technology, Inc. | 33000 | 131988 |
|  #\* | Sunplus Technology Co. Ltd. | 1577000 | 1058550 |
|  # | Sunrex Technology Corp. | 308612 | 507942 |
|  # | Sunspring Metal Corp. | 294069 | 242979 |
|  | Superalloy Industrial Co. Ltd. | 62000 | 120483 |
|  | Superior Plating Technology Co. Ltd. | 7000 | 11812 |
|  # | Supreme Electronics Co. Ltd. | 1750184 | 2789195 |
|  # | Swancor Holding Co. Ltd. | 115000 | 266706 |
|  # | Sweeten Real Estate Development Co. Ltd. | 772434 | 753382 |
|  # | Symtek Automation Asia Co. Ltd. | 188646 | 915130 |
|  | Syncmold Enterprise Corp. | 332750 | 830226 |
|  # | Synmosa Biopharma Corp. | 700374 | 707648 |
|  | Syscom Computer Engineering Co. | 54000 | 107703 |
|  | Sysgration | 138000 | 158363 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Systex Corp. | 475388 | $1796361 |
|  # | T3EX Global Holdings Corp. | 264000 | 584116 |
|  # | Ta Ya Electric Wire & Cable | 1730069 | 1938623 |
|  | Tah Hsin Industrial Corp. | 216092 | 443242 |
|  | TAI Roun Products Co. Ltd. | 96000 | 42824 |
|  # | TA-I Technology Co. Ltd. | 397788 | 581666 |
|  #\* | Tai Tung Communication Co. Ltd. | 379582 | 249186 |
|  | Taichung Commercial Bank Co. Ltd. | 8537095 | 5294706 |
|  # | TaiDoc Technology Corp. | 185470 | 777221 |
|  # | Taiflex Scientific Co. Ltd. | 687564 | 960718 |
|  # | Taimide Tech, Inc. | 316262 | 502869 |
|  # | Tainan Enterprises Co. Ltd. | 250370 | 235247 |
|  | Tainan Spinning Co. Ltd. | 3580044 | 1348171 |
|  | Tai-Saw Technology Co. Ltd. | 235120 | 145061 |
|  # | TaiSol Electronics Co. Ltd. | 137000 | 212414 |
|  #\* | Taisun Enterprise Co. Ltd. | 458648 | 296600 |
|  # | Taita Chemical Co. Ltd. | 838828 | 316211 |
|  # | TAI-TECH Advanced Electronics Co. Ltd. | 153000 | 455055 |
|  # | Taiwan Chinsan Electronic Industrial Co. Ltd. | 249113 | 242834 |
|  | Taiwan Cogeneration Corp. | 1311845 | 1676263 |
|  | Taiwan FamilyMart Co. Ltd. | 45000 | 292471 |
|  | Taiwan Fertilizer Co. Ltd. | 818000 | 1312091 |
|  # | Taiwan Fire & Marine Insurance Co. Ltd. | 961338 | 1032924 |
|  # | Taiwan FU Hsing Industrial Co. Ltd. | 575000 | 853216 |
|  #\* | Taiwan Glass Industry Corp. | 1870000 | 822959 |
|  # | Taiwan Hon Chuan Enterprise Co. Ltd. | 905159 | 4380682 |

---

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**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Taiwan Hopax Chemicals Manufacturing Co. Ltd. | 619738 | $617967 |
|  †† | Taiwan Land Development Corp. | 2845991 | 44715 |
|  | Taiwan Line Tek Electronic | 148510 | 99199 |
|  | Taiwan Mask Corp. | 391000 | 381891 |
|  # | Taiwan Navigation Co. Ltd. | 730777 | 632171 |
|  | Taiwan Paiho Ltd. | 841287 | 1537022 |
|  # | Taiwan PCB Techvest Co. Ltd. | 644238 | 606164 |
|  # | Taiwan Sakura Corp. | 702803 | 1939319 |
|  # | Taiwan Sanyo Electric Co. Ltd. | 426400 | 506126 |
|  | Taiwan Secom Co. Ltd. | 299000 | 1072979 |
|  | Taiwan Semiconductor Co. Ltd. | 665000 | 967545 |
|  # | Taiwan Shin Kong Security Co. Ltd. | 1226577 | 1570080 |
|  | Taiwan Steel Union Co. Ltd. | 20000 | 64819 |
|  \* | Taiwan Styrene Monomer | 1186209 | 334247 |
|  | Taiwan Surface Mounting Technology Corp. | 856388 | 2744215 |
|  | Taiwan Taxi Co. Ltd. | 85888 | 360688 |
|  #\* | Taiwan TEA Corp. | 1343897 | 689213 |
|  | Taiwan Union Technology Corp. | 695000 | 2964671 |
|  # | Taiwan-Asia Semiconductor Corp. | 1077804 | 734197 |
|  # | Taiyen Biotech Co. Ltd. | 383883 | 377465 |
|  \* | Tanvex BioPharma, Inc. | 25000 | 47496 |
|  #\* | TBI Motion Technology Co. Ltd. | 60000 | 74906 |
|  | TCI Co. Ltd. | 234746 | 1091499 |
|  # | Te Chang Construction Co. Ltd. | 258206 | 462365 |
|  | Tehmag Foods Corp. | 116380 | 1101164 |
|  | Ten Ren Tea Co. Ltd. | 134980 | 144987 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Tera Autotech Corp. | 39885 | $28388 |
|  # | Test Research, Inc. | 551821 | 1849598 |
|  # | Test Rite International Co. Ltd. | 417495 | 266129 |
|  | Thermaltake Technology Co. Ltd. | 47000 | 40712 |
|  | Thinking Electronic Industrial Co. Ltd. | 241204 | 965336 |
|  # | Thye Ming Industrial Co. Ltd. | 353135 | 791929 |
|  | Tofu Restaurant Co. Ltd. | 6000 | 40879 |
|  | Ton Yi Industrial Corp. | 2240644 | 1268769 |
|  | Tong Hsing Electronic Industries Ltd. | 475681 | 1576637 |
|  | Tong Yang Industry Co. Ltd. | 1079741 | 4442821 |
|  # | Tong-Tai Machine & Tool Co. Ltd. | 511892 | 400306 |
|  | Top Union Electronics Corp. | 222886 | 227418 |
|  | Topco Scientific Co. Ltd. | 494356 | 3797469 |
|  | Topco Technologies Corp. | 137720 | 278473 |
|  | Topkey Corp. | 222000 | 1260699 |
|  # | Topoint Technology Co. Ltd. | 428898 | 360609 |
|  \* | TPK Holding Co. Ltd. | 873000 | 839836 |
|  # | Trade-Van Information Services Co. | 255000 | 703890 |
|  | Transart Graphics Co. Ltd. | 18000 | 26642 |
|  # | Transcend Information, Inc. | 546000 | 1716208 |
|  | Transcom, Inc. | 160930 | 525417 |
|  # | Trusval Technology Co. Ltd. | 64000 | 374709 |
|  | Tsann Kuen Enterprise Co. Ltd. | 104059 | 86675 |
|  # | TSC Auto ID Technology Co. Ltd. | 104296 | 604170 |
|  # | TSEC Corp. | 1325584 | 649635 |
|  | TSRC Corp. | 1458200 | 855005 |
|  # | Ttet Union Corp. | 153000 | 722808 |
|  # | TTFB Co. Ltd. | 48500 | 296773 |
|  | TTY Biopharm Co. Ltd. | 540979 | 1305468 |

---

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**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  #\* | Tul Corp. | 73000 | $136444 |
|  | Tung Ho Steel Enterprise Corp. | 1527630 | 3085039 |
|  | Tung Thih Electronic Co. Ltd. | 99100 | 206808 |
|  # | TURVO International Co. Ltd. | 98922 | 539652 |
|  # | TXC Corp. | 936053 | 2600249 |
|  # | TYC Brother Industrial Co. Ltd. | 454980 | 688772 |
|  # | Tycoons Group Enterprise | 769779 | 197205 |
|  # | Tyntek Corp. | 1029039 | 513168 |
|  # | TZE Shin International Co. Ltd. | 229000 | 143270 |
|  #\* | U-BEST Innovative Technology Co. Ltd. | 316000 | 146344 |
|  | Ubright Optronics Corp. | 20000 | 50945 |
|  # | UDE Corp. | 251000 | 643157 |
|  # | U-Ming Marine Transport Corp. | 1358000 | 2230296 |
|  # | Unic Technology Corp. | 193000 | 177568 |
|  | Union Bank of Taiwan | 8348151 | 4344236 |
|  \* | Union Insurance Co. Ltd. | 45000 | 40750 |
|  | Unitech Computer Co. Ltd. | 341804 | 411573 |
|  #\* | Unitech Printed Circuit Board Corp. | 1985519 | 1503560 |
|  | United Integrated Services Co. Ltd. | 414951 | 5725267 |
|  | United Orthopedic Corp. | 230935 | 645478 |
|  | United Radiant Technology | 140000 | 96121 |
|  \* | United Renewable Energy Co. Ltd. | 2903437 | 780951 |
|  \*†† | Unity Opto Technology Co. Ltd. | 2760500 | 0 |
|  # | Univacco Technology, Inc. | 125000 | 192420 |
|  | Universal Cement Corp. | 1556341 | 1362336 |
|  # | Universal Microwave Technology, Inc. | 57000 | 677715 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Universal Vision Biotechnology Co. Ltd. | 125652 | $703113 |
|  # | UPC Technology Corp. | 1971124 | 513582 |
|  | Userjoy Technology Co. Ltd. | 195789 | 575855 |
|  # | USI Corp. | 1910156 | 610440 |
|  \* | Usun Technology Co. Ltd. | 22000 | 26307 |
|  # | Utechzone Co. Ltd. | 189000 | 549696 |
|  # | UVAT Technology Co. Ltd. | 59000 | 138133 |
|  | Value Valves Co. Ltd. | 27000 | 72269 |
|  | Ve Wong Corp. | 556696 | 663923 |
|  # | Ventec International Group Co. Ltd. | 134000 | 284861 |
|  | Via Technologies, Inc. | 128000 | 290534 |
|  | Viking Tech Corp. | 27000 | 26629 |
|  | Visco Vision, Inc. | 71000 | 365486 |
|  # | Visual Photonics Epitaxy Co. Ltd. | 522772 | 1632194 |
|  | Vivotek, Inc. | 121704 | 446281 |
|  | Vizionfocus, Inc. | 3000 | 18870 |
|  # | Wafer Works Corp. | 1467443 | 924614 |
|  # | Waffer Technology Corp. | 333821 | 522399 |
|  # | Wah Hong Industrial Corp. | 144021 | 149515 |
|  | Wah Lee Industrial Corp. | 556300 | 1656093 |
|  # | Walsin Technology Corp. | 583000 | 1432348 |
|  # | Walton Advanced Engineering, Inc. | 719197 | 276787 |
|  | WAN HWA Enterprise Co. | 374238 | 132954 |
|  | WEI Chih Steel Industrial Co. Ltd. | 72000 | 41187 |
|  # | Wei Chuan Foods Corp. | 779000 | 396160 |
|  # | Weikeng Industrial Co. Ltd. | 1269459 | 1302670 |
|  # | Well Shin Technology Co. Ltd. | 319000 | 582159 |
|  | Weltrend Semiconductor | 26000 | 36853 |
|  # | Wholetech System Hitech Ltd. | 180000 | 488436 |
|  #\* | Win Semiconductors Corp. | 617000 | 1749449 |
|  # | Winmate, Inc. | 130000 | 555482 |

---

1061

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**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Winstek Semiconductor Co. Ltd. | 234000 | $661293 |
|  \*†† | Wintek Corp. | 5447000 | 0 |
|  | WinWay Technology Co. Ltd. | 50000 | 1328084 |
|  # | Wisdom Marine Lines Co. Ltd. | 1181241 | 2234606 |
|  # | Wiselink Co. Ltd. | 161172 | 473761 |
|  # | Wistron NeWeb Corp. | 586184 | 2311763 |
|  # | WITS Corp. | 87901 | 274985 |
|  # | Wonderful Hi-Tech Co. Ltd. | 299000 | 342031 |
|  # | Wowprime Corp. | 225400 | 1568116 |
|  # | WUS Printed Circuit Co. Ltd. | 529737 | 641298 |
|  \* | XAC Automation Corp. | 40000 | 33055 |
|  # | XinTec, Inc. | 336000 | 1409032 |
|  # | Xxentria Technology Materials Corp. | 469160 | 745118 |
|  # | Yankey Engineering Co. Ltd. | 82802 | 1045052 |
|  # | YC INOX Co. Ltd. | 1111699 | 739938 |
|  # | Yea Shin International Development Co. Ltd. | 824468 | 877546 |
|  # | Yem Chio Co. Ltd. | 1133518 | 571873 |
|  # | Yen Sun Technology Corp. | 126000 | 165658 |
|  #\* | Yeong Guan Energy Technology Group Co. Ltd. | 96069 | 88151 |
|  | YFC-Boneagle Electric Co. Ltd. | 258687 | 178077 |
|  | YFY, Inc. | 1736212 | 1417753 |
|  | Yi Jinn Industrial Co. Ltd. | 702748 | 374378 |
|  | Yieh Phui Enterprise Co. Ltd. | 3354424 | 1659338 |
|  | Yonyu Plastics Co. Ltd. | 60600 | 39256 |
|  # | Young Fast Optoelectronics Co. Ltd. | 297872 | 470417 |
|  \* | Young Optics, Inc. | 50000 | 69878 |
|  | Youngtek Electronics Corp. | 291666 | 563333 |
|  # | Yuanta Futures Co. Ltd. | 371201 | 954880 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Yuen Foong Yu Consumer Products Co. Ltd. | 140000 | $180735 |
|  # | Yulon Motor Co. Ltd. | 621000 | 764838 |
|  | Yung Chi Paint & Varnish Manufacturing Co. Ltd. | 250869 | 591024 |
|  # | Yungshin Construction & Development Co. Ltd. | 342000 | 1328642 |
|  | YungShin Global Holding Corp. | 758015 | 1554671 |
|  # | Yusin Holding Corp. | 45086 | 153220 |
|  | Zeng Hsing Industrial Co. Ltd. | 160726 | 500438 |
|  # | Zenitron Corp. | 635000 | 631638 |
|  | Zero One Technology Co. Ltd. | 469226 | 1846396 |
|  #\* | Zig Sheng Industrial Co. Ltd. | 1224732 | 367425 |
|  # | ZillTek Technology Corp. | 27000 | 184216 |
|  #\* | Zinwell Corp. | 478586 | 177034 |
|  | Zippy Technology Corp. | 409948 | 682191 |
|  # | Zyxel Group Corp. | 859225 | 808733 |
|  TOTAL TAIWAN | TOTAL TAIWAN |  | 633549280 |
|  THAILAND — (1.1%) | THAILAND — (1.1%) |  |  |
|  | AAPICO Hitech PCL (AH/F TB) | 442332 | 158898 |
|  | AAPICO Hitech PCL (AH-R TB), NVDR | 3870 | 1390 |
|  | Advanced Information Technology PCL, Class F | 2237800 | 277338 |
|  | AEON Thana Sinsap Thailand PCL | 69500 | 219496 |
|  | After You PCL | 801000 | 215806 |
|  | Allianz Ayudhya Capital PCL | 154600 | 153883 |
|  | Amata Corp. PCL | 2376310 | 1052818 |
|  | AP Thailand PCL | 4810416 | 1152023 |
|  \* | Asia Aviation PCL, NVDR | 1390100 | 56178 |
|  | Asia Plus Group Holdings PCL | 4082500 | 235870 |
|  | Asian Alliance International PCL | 320300 | 41230 |
|  | Asian Sea Corp. PCL | 222200 | 51218 |

---

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | Bangchak Sriracha PCL | 572300 | $89944 |
|  | Bangkok Commercial Asset Management PCL | 2456600 | 466978 |
|  | Bangkok Land PCL | 24868799 | 305230 |
|  | Bangkok Life Assurance PCL, NVDR | 51200 | 25749 |
|  | BCPG PCL | 1395300 | 286119 |
|  | BEC World PCL | 472333 | 57124 |
|  | BKI Holdings PCL | 180681 | 1525282 |
|  | Bluebik Group PCL | 63100 | 54307 |
|  | Brooker Group PCL | 81000 | 897 |
|  | Cal-Comp Electronics Thailand PCL, Class F | 5947552 | 1059360 |
|  | CH Karnchang PCL | 1969300 | 848912 |
|  # | Chularat Hospital PCL | 10036500 | 534799 |
|  | CK Power PCL | 2745300 | 221892 |
|  # | Dhipaya Group Holdings PCL | 1130900 | 653386 |
|  | Diamond Building Products PCL | 166700 | 28944 |
|  | Don Muang Tollway PCL | 335100 | 101317 |
|  # | Dynasty Ceramic PCL | 12722400 | 594131 |
|  | Eastern Polymer Group PCL | 302687 | 24103 |
|  | Eastern Water Resources Development & Management PCL, Class F | 464700 | 24205 |
|  | Ekachai Medical Care PCL | 1120221 | 209591 |
|  \* | Energy Absolute PCL | 727100 | 47450 |
|  # | Erawan Group PCL | 3012500 | 205613 |
|  # | Exotic Food PCL | 382700 | 186739 |
|  # | Forth Corp. PCL | 436900 | 122941 |
|  | Forth Smart Service PCL | 305351 | 59416 |
|  | GFPT PCL | 1453500 | 439466 |
|  | Global Green Chemicals PCL | 35300 | 4798 |
|  | Gunkul Engineering PCL | 2071099 | 98579 |
|  | Haad Thip PCL | 456400 | 225433 |
|  | ICC International PCL | 256952 | 259606 |
|  # | Ichitan Group PCL | 1418000 | 509385 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | Index Livingmall PCL | 282900 | $119410 |
|  # | IRPC PCL | 14458900 | 376568 |
|  | IT City PCL | 152900 | 15928 |
|  \*†† | ITV PLC | 2785600 | 0 |
|  # | Jaymart Group Holdings PCL | 1174800 | 300690 |
|  # | JMT Network Services PCL | 1164700 | 481151 |
|  # | Karmarts PCL | 1733116 | 492878 |
|  # | KCE Electronics PCL | 892800 | 465042 |
|  | KGI Securities Thailand PCL | 502000 | 59209 |
|  | Khon Kaen Sugar Industry PCL | 2643556 | 120288 |
|  | Lalin Property PCL | 374500 | 56054 |
|  | LH Financial Group PCL | 8491339 | 198271 |
|  | Loxley PCL | 3438676 | 107057 |
|  | LPN Development PCL | 434302 | 26262 |
|  | Major Cineplex Group PCL | 816700 | 243262 |
|  | Master Style PcL | 104800 | 65569 |
|  | MBK PCL | 3435955 | 1584005 |
|  | MC Group PCL | 819900 | 247897 |
|  | MCS Steel PCL | 646400 | 149966 |
|  # | Mega Lifesciences PCL | 499300 | 452143 |
|  | MK Restaurants Group PCL | 55400 | 31510 |
|  # | Moshi Moshi Retail Corp. PLC | 45300 | 57634 |
|  | Muang Thai Insurance PCL | 61288 | 199064 |
|  | Netbay PCL | 89226 | 53955 |
|  | Nonthavej Hospital PCL | 3300 | 2618 |
|  | Northeast Rubber PCL | 2666912 | 327326 |
|  # | Plan B Media PCL | 3932156 | 565016 |
|  | Polyplex Thailand PCL | 1079650 | 352288 |
|  | Praram 9 Hospital PCL | 797500 | 596842 |
|  | Precious Shipping PCL | 346431 | 61187 |
|  | Prima Marine PCL | 2167566 | 386080 |
|  | Property Perfect PCL | 4441846 | 14627 |
|  | Pruksa Holding PCL | 179300 | 25764 |
|  | PTG Energy PCL | 2485400 | 524534 |
|  | Quality Houses PCL | 21238326 | 953674 |

---

1063

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##### [**Table of Contents**](#toc)
**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | Rajthanee Hospital PCL | 383100 | $151382 |
|  | Ratchaphruek Hospital PCL | 146400 | 24104 |
|  # | Ratchthani Leasing PCL | 6625999 | 291580 |
|  # | Regional Container Lines PCL | 690200 | 473150 |
|  | Rojana Industrial Park PCL | 1418054 | 248335 |
|  | S Hotels & Resorts PCL | 1890441 | 96206 |
|  | Sabina PCL | 305700 | 171130 |
|  | Saha Pathana Inter-Holding PCL | 670000 | 1278626 |
|  | Sahamitr Pressure Container PCL | 570093 | 143355 |
|  | Saha-Union PCL | 551000 | 474218 |
|  | Saksiam Leasing PCL | 237000 | 27528 |
|  \* | Samart Corp. PCL | 1109800 | 230897 |
|  | Sansiri PCL | 31326310 | 1303505 |
|  # | Sappe PCL | 336900 | 355507 |
|  # | SC Asset Corp. PCL | 4470015 | 310446 |
|  †† | SCG Ceramics PCL | 2521400 | 14341 |
|  | Sermsang Power Corp. Co. Ltd. | 947306 | 136119 |
|  | Siam Wellness Group PCL | 697950 | 80231 |
|  # | Siamgas & Petrochemicals PCL | 2078300 | 432396 |
|  \* | Singer Thailand PCL | 414200 | 79976 |
|  | SiS Distribution Thailand PCL | 20200 | 13485 |
|  # | SISB PCL | 229300 | 126988 |
|  \* | SKY ICT PCL | 164800 | 73014 |
|  # | Somboon Advance Technology PCL | 620337 | 215414 |
|  # | Sri Trang Agro-Industry PCL | 1465692 | 592332 |
|  # | Sri Trang Gloves Thailand PCL | 2135300 | 441059 |
|  # | Srinanaporn Marketing PCL | 200300 | 73153 |
|  | Srivichai Vejvivat PCL | 630409 | 132102 |
|  | Star Petroleum Refining PCL | 3708400 | 605023 |
|  \* | STP & I PCL | 1763064 | 131946 |
|  # | Supalai PCL | 770500 | 364433 |
|  \* | Super Energy Corp. PCL | 7539205 | 31597 |
|  | SVI PCL | 1049400 | 246603 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | TAC Consumer PCL | 1084231 | $149303 |
|  # | Taokaenoi Food & Marketing PCL, Class F | 891880 | 197573 |
|  | Thai Nakarin Hospital PCL | 33500 | 33976 |
|  | Thai Stanley Electric PCL (STANLY/F TB), Class F | 134700 | 879048 |
|  | Thai Vegetable Oil PCL | 976882 | 663829 |
|  | Thai Wacoal PCL | 68300 | 46208 |
|  #\* | Thaicom PCL | 1676400 | 456675 |
|  # | Thaifoods Group PCL | 2226600 | 356603 |
|  \* | Thonburi Healthcare Group PCL | 28800 | 8363 |
|  # | Thoresen Thai Agencies PCL | 2436278 | 300478 |
|  | Tipco Asphalt PCL (TASCO/F TB) | 1153974 | 518174 |
|  | TIPCO Foods PCL | 368682 | 103745 |
|  | TKS Technologies PCL | 421643 | 71315 |
|  | TOA Paint Thailand PCL | 342200 | 104489 |
|  | TPI Polene PCL | 8489600 | 238893 |
|  | TPI Polene Power PCL | 1780582 | 111936 |
|  | TQM Alpha PCL | 214476 | 106580 |
|  | Triple i Logistics PCL | 119200 | 16700 |
|  | TTW PCL | 2326300 | 612826 |
|  | Union Auction PCL | 594900 | 128223 |
|  | United Paper PCL | 613900 | 139669 |
|  | Univanich Palm Oil PCL | 1335500 | 365808 |
|  | Vanachai Group PCL | 1073859 | 69437 |
|  †† | Vinythai PCL | 16237 | 1113 |
|  # | WHA Utilities & Power PCL | 2122900 | 210987 |
|  #\* | Xspring Capital PCL | 10373667 | 248434 |
|  TOTAL THAILAND | TOTAL THAILAND |  | 38112179 |
|  TURKEY — (0.9%) | TURKEY — (0.9%) |  |  |
|  \* | Adese Alisveris Merkezleri Ticaret AS | 348787 | 21977 |
|  | Agesa Hayat ve Emeklilik AS | 52014 | 182004 |
|  | Akcansa Cimento AS | 79426 | 290161 |
|  \* | Akenerji Elektrik Uretim AS | 186162 | 42846 |

---

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**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  | Aksa Akrilik Kimya Sanayii AS | 2890208 | $719053 |
|  \* | Aksigorta AS | 1088258 | 170963 |
|  | Albaraka Turk Katilim Bankasi AS | 3563686 | 558775 |
|  | Alfa Solar Enerji Sanayi VE Ticaret AS | 18302 | 21235 |
|  \* | Alkim Alkali Kimya AS | 353084 | 134818 |
|  | Anadolu Anonim Turk Sigorta Sirketi | 244096 | 555067 |
|  | Anadolu Hayat Emeklilik AS | 115116 | 240481 |
|  | Anadolu Isuzu Otomotiv Sanayi Ve Ticaret AS, Class C | 56631 | 80822 |
|  \* | Anel Elektrik Proje Taahhut ve Ticaret AS | 97898 | 43710 |
|  | ARD Grup Bilisim Teknolojileri AS | 425980 | 279370 |
|  | Aydem Yenilenebilir Enerji AS | 438254 | 181259 |
|  | Aygaz AS | 66130 | 220071 |
|  \* | Baticim Bati Anadolu Cimento Sanayii AS | 3013712 | 414380 |
|  \* | Bera Holding AS | 1822969 | 690012 |
|  \* | Biotrend Cevre VE Enerji Yatirimlari AS | 119925 | 56994 |
|  | Bogazici Beton Sanayi Ve Ticaret AS | 183537 | 110797 |
|  \* | Bosch Fren Sistemleri Sanayi ve Ticaret AS | 1569 | 26455 |
|  | Brisa Bridgestone Sabanci Sanayi ve Ticaret AS | 63996 | 144617 |
|  | Bursa Cimento Fabrikasi AS | 1787090 | 356236 |
|  \* | Can2 Termik AS | 5065177 | 212377 |
|  \* | Cemas Dokum Sanayi AS | 153318 | 28941 |
|  | Cemtas Celik Makina Sanayi Ve Ticaret AS | 545543 | 240910 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  \* | Cimbeton Hazirbeton ve Prefabrik Yapi Elemanlari Sanayi ve Ticaret AS | 743 | $47524 |
|  | Cimsa Cimento Sanayi VE Ticaret AS | 596889 | 728928 |
|  | CW Enerji Muhendislik Ticaret VE Sanayi AS | 160365 | 63059 |
|  | Deva Holding AS | 85861 | 126660 |
|  | Dogan Sirketler Grubu Holding AS | 1 | 1 |
|  | Eczacibasi Yatirim Holding Ortakligi AS | 15021 | 67755 |
|  | EGE Endustri VE Ticaret AS | 2065 | 479057 |
|  | EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS | 306698 | 350473 |
|  | Enerya Enerji AS | 233855 | 24630 |
|  | Erbosan Erciyas Boru Sanayii ve Ticaret AS | 41114 | 168797 |
|  | Escar Turizm Tasimacilik Ticaret AS | 265662 | 462576 |
|  \* | Esenboga Elektrik Uretim AS | 37055 | 39726 |
|  | Europap Tezol Kagit Sanayi VE Ticaret AS | 324327 | 126907 |
|  \* | Europen Endustri Insaat Sanayi VE Ticaret AS | 941394 | 130441 |
|  \* | Europower Enerji VE Otomasyon Teknolojileri Sanayi Ticaret AS | 93294 | 60772 |
|  \* | Formet Metal ve Cam Sanayi AS | 345852 | 59979 |
|  | GEN Ilac VE Saglik Urunleri Sanayi VE Ticaret AS | 11571 | 38132 |
|  | Gipta Ofis Kirtasiye VE Promosyon Urunleri Imalat Sanayi AS | 43552 | 79394 |

---

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**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  \* | Girsim Elektrik Sanayi Taahut Ve Ticaret AS | 106276 | $111937 |
|  | Global Yatirim Holding AS | 4413302 | 845521 |
|  | Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS | 28547 | 286450 |
|  \* | Goodyear Lastikleri TAS | 170282 | 73400 |
|  \* | Gozde Girisim Sermayesi Yatirim Ortakligi AS | 594649 | 268302 |
|  \* | GSD Holding AS | 1410863 | 154168 |
|  \* | Hitit Bilgisayar Hizmetleri AS | 46588 | 49729 |
|  | Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS | 1235458 | 214426 |
|  #\* | Ipek Dogal Enerji Kaynaklari Arastirma Ve Uretim AS | 237327 | 411526 |
|  \* | Is Finansal Kiralama AS | 721188 | 236721 |
|  | Is Yatirim Menkul Degerler AS | 335942 | 314888 |
|  \* | Isiklar Enerji ve Yapi Holding AS | 492320 | 133137 |
|  \* | Izdemir Enerji Elektrik Uretim AS | 347840 | 57532 |
|  \* | Izmir Demir Celik Sanayi AS | 1712192 | 222505 |
|  \* | Izmir Firca Sanayi ve Ticaret AS | 20382 | 43489 |
|  | Jantsa Jant Sanayi Ve Ticaret AS | 218325 | 121682 |
|  | Kalekim Kimyevi Maddeler Sanayi ve Ticaret AS | 423060 | 335569 |
|  \* | Katmerciler Arac Ustu Ekipman Sanayi ve Ticaret AS | 4713960 | 181836 |
|  \* | Kayseri Seker Fabrikasi AS | 152833 | 68224 |
|  \* | Kerevitas Gida Sanayi ve Ticaret AS | 131811 | 55352 |
|  | Kocaer Celik Sanayi Ve Ticaret AS | 687949 | 220568 |
|  \* | Konya Cimento Sanayii AS | 143 | 22471 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  \* | Kordsa Teknik Tekstil AS | 178590 | $256133 |
|  \* | Koza Anadolu Metal Madencilik Isletmeleri AS | 746533 | 1684286 |
|  | LDR Turizm AS | 124217 | 622002 |
|  | Logo Yazilim Sanayi Ve Ticaret AS | 159446 | 568079 |
|  | Lokman Hekim Engurusag Saglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS | 207361 | 84029 |
|  \* | Margun Enerji Uretim Sanayi VE Ticaret AS | 184065 | 127116 |
|  W | Mavi Giyim Sanayi Ve Ticaret AS, Class B | 1089986 | 917845 |
|  \* | MIA Teknoloji AS | 595602 | 541712 |
|  \*W | MLP Saglik Hizmetleri AS | 158626 | 1350325 |
|  \* | Naturel Yenilenebilir Enerji Ticaret AS | 100880 | 113195 |
|  \* | NET Holding AS | 552554 | 527480 |
|  | Nuh Cimento Sanayi AS | 117923 | 749388 |
|  #\* | ODAS Elektrik Uretim ve Sanayi Ticaret AS | 1347445 | 169434 |
|  \* | Orge Enerji Elektrik Taahhut AS | 94329 | 243040 |
|  \* | Parsan Makina Parcalari Sanayii AS | 45010 | 95087 |
|  \* | Peker Gayrimenkul Yatirim Ortakligi AS | 3167513 | 115554 |
|  | Penta Teknoloji Urunleri Dagitim Ticaret AS | 155069 | 52832 |
|  \* | Politeknik Metal Sanayi ve Ticaret AS | 502 | 82313 |
|  \* | Reysas Tasimacilik ve Lojistik Ticaret AS | 5238710 | 2011644 |
|  | Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS | 1833785 | 897837 |
|  | Sekerbank Turk AS | 1683553 | 227319 |

---

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**THE EMERGING MARKETS SMALL CAP SERIES** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  | Selcuk Ecza Deposu Ticaret ve Sanayi AS | 266990 | $446593 |
|  | Sok Marketler Ticaret AS | 390585 | 383136 |
|  | Suwen Tekstil Sanayi Pazarlama AS | 48852 | 13524 |
|  \* | Tatlipinar Enerji Uretim AS | 18980 | 19921 |
|  #\* | Tekfen Holding AS | 490768 | 1748115 |
|  \* | Teknosa Ic Ve Dis Ticaret AS | 361592 | 223754 |
|  \* | Tukas Gida Sanayi ve Ticaret AS | 1295806 | 80577 |
|  \* | Tumosan Motor ve Traktor Sanayi AS | 47923 | 103858 |
|  \* | Turkiye Sinai Kalkinma Bankasi AS | 2288283 | 624245 |
|  \* | Vakif Finansal Kiralama AS | 1280194 | 69460 |
|  | Vestel Beyaz Esya Sanayi ve Ticaret AS | 623279 | 188297 |
|  \* | Vestel Elektronik Sanayi ve Ticaret AS | 238566 | 251485 |
|  \* | Yatas Yatak ve Yorgan Sanayi ve Ticaret AS | 326203 | 197152 |
|  \* | Yayla Agro Gida Sanayi VE Nakliyat AS | 376298 | 85042 |
|  \* | YEO Teknoloji Enerji VE Endustri AS | 25661 | 28305 |
|  | Yunsa Yunlu Sanayi VE Ticare AS | 3 | 0 |
|  \* | Zorlu Enerji Elektrik Uretim AS | 3469785 | 289229 |
|  TOTAL TURKEY | TOTAL TURKEY |  | 29697918 |
|  UNITED ARAB EMIRATES — (1.5%) | UNITED ARAB EMIRATES — (1.5%) |  |  |
|  | Abu Dhabi Islamic Bank PJSC | 2305746 | 11479774 |
|  | Abu Dhabi National Hotels | 5019657 | 711679 |
|  | Abu Dhabi National Insurance Co. PSC | 107433 | 180537 |
|  \* | Abu Dhabi Ports Co. PJSC | 70601 | 76414 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |  |
|  | Abu Dhabi Ship Building Co. PJSC | 185795 | $305858 |
|  | Agility Global PLC | 695882 | 232731 |
|  | Agthia Group PJSC | 694871 | 855457 |
|  | Air Arabia PJSC | 6779924 | 6450955 |
|  | Ajman Bank PJSC | 3693896 | 1519057 |
|  \* | AL Seer Marine Supplies & Equipment Co. LLC | 289213 | 230300 |
|  | Amanat Holdings PJSC | 3523544 | 1035558 |
|  | Americana Restaurants International PLC - Foreign Co | 1280667 | 787738 |
|  \* | Amlak Finance PJSC | 1797166 | 412311 |
|  \* | Apex Investment Co. PSC | 2147577 | 2298094 |
|  \*†† | Arabtec Holding PJSC | 2783626 | 0 |
|  \* | Aramex PJSC | 1449554 | 1097790 |
|  \* | Bank of Sharjah | 543908 | 135973 |
|  | Burjeel Holdings PLC | 922580 | 379471 |
|  | Dana Gas PJSC | 11902660 | 2414483 |
|  | Deyaar Development PJSC | 4393484 | 1103669 |
|  | Dubai Financial Market PJSC | 4059981 | 1514789 |
|  | Dubai Investments PJSC | 4562336 | 2886086 |
|  | Emaar Development PJSC | 1575591 | 5741807 |
|  | Emirates Central Cooling Systems Corp. | 1228800 | 540007 |
|  \* | EMSTEEL Building Materials PJSC | 2644714 | 836164 |
|  \* | Eshraq Investments PJSC | 1972192 | 245019 |
|  | Fertiglobe PLC | 292700 | 181111 |
|  \* | Ghitha Holding PJSC | 30704 | 149322 |
|  \* | Gulf Navigation Holding PJSC | 1089050 | 1599423 |
|  \* | Gulf Pharmaceutical Industries PSC | 402094 | 150254 |
|  \* | Manazel PJSC | 2086995 | 200572 |
|  \* | Multiply Group PJSC | 4640262 | 2726298 |
|  | National Central Cooling Co. PJSC | 286648 | 206028 |

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**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |  |  |
|  \* | National Corp. for Tourism & Hotels | 11988 | $| 7960 |
|  | NMDC Group PJSC | 3935 |  | 26777 |
|  | Palms Sports PrJSC | 34874 |  | 61459 |
|  \* | Presight AI Holding PLC | 579581 |  | 305976 |
|  \* | RAK Properties PJSC | 3976501 |  | 1377307 |
|  | Ras Al Khaimah Ceramics PJSC | 1020951 |  | 691758 |
|  | Sharjah Islamic Bank | 141168 |  | 96095 |
|  \* | Shuaa Capital PSC | 715499 |  | 47135 |
|  \* | Space42 PLC | 972361 |  | 439449 |
|  | Taaleem Holdings PJSC | 57021 |  | 56426 |
|  | TECOM Group PJSC | 336524 |  | 285997 |
|  \* | Union Properties PJSC | 6905565 |  | 1071361 |
|  TOTAL UNITED ARAB EMIRATES | TOTAL UNITED ARAB EMIRATES |  |  | 53152429 |
|  UNITED STATES — (0.0%) | UNITED STATES — (0.0%) | UNITED STATES — (0.0%) | UNITED STATES — (0.0%) | UNITED STATES — (0.0%) |
|  \* | Lesaka Technologies, Inc. | 776 |  | 3403 |
|  TOTAL COMMON STOCKS | TOTAL COMMON STOCKS | TOTAL COMMON STOCKS |  | 3386916121 |
|  PREFERRED STOCKS — (0.5%) | PREFERRED STOCKS — (0.5%) | PREFERRED STOCKS — (0.5%) | PREFERRED STOCKS — (0.5%) | PREFERRED STOCKS — (0.5%) |
|  BRAZIL — (0.5%) | BRAZIL — (0.5%) | BRAZIL — (0.5%) | BRAZIL — (0.5%) | BRAZIL — (0.5%) |
|  | Alpargatas SA, 1.438% | 366256 |  | 477572 |
|  | Banco ABC Brasil SA, 7.581% | 211069 |  | 807062 |
|  W | Banco BMG SA, 10.131% | 257749 |  | 173039 |
|  | Banco do Estado do Rio Grande do Sul SA, 9.502% | 559770 |  | 1134306 |
|  | Banco Pan SA, 3.173% | 695362 |  | 932434 |
|  \* | Braskem SA | 48037 |  | 90316 |
|  | Centrais Eletricas de Santa Catarina SA, 8.134% | 59700 |  | 864812 |
|  | Cia de Ferro Ligas da Bahia FERBASA, 7.259% | 604412 |  | 772136 |
|  | Cia De Sanena Do Parana, 5.195% | 2734490 |  | 2929561 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  | Eucatex SA Industria e Comercio, 5.851% | 78843 | $| 174631 |
|  | Isa Energia Brasil SA, 9.841% | 455278 |  | 1924551 |
|  | Marcopolo SA, 8.381% | 2161813 |  | 2681720 |
|  | Randon SA Implementos e Participacoes, 4.054% | 545887 |  | 862815 |
|  | Schulz SA, 7.575% | 370405 |  | 357668 |
|  | Unipar Carbocloro SA, 9.231% | 76045 |  | 731219 |
|  \* | Usinas Siderurgicas de Minas Gerais SA Usiminas | 770721 |  | 751009 |
|  TOTAL BRAZIL | TOTAL BRAZIL | TOTAL BRAZIL |  | 15664851 |
|  CHILE — (0.0%) | CHILE — (0.0%) | CHILE — (0.0%) | CHILE — (0.0%) | CHILE — (0.0%) |
|  | Coca-Cola Embonor SA Class B, 7.790% | 106781 |  | 150210 |
|  | Embotelladora Andina SA, 7.252% | 128271 |  | 548636 |
|  TOTAL CHILE | TOTAL CHILE | TOTAL CHILE |  | 698846 |
|  COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) |
|  | Grupo Aval Acciones y Valores SA, 3.937% | 442975 |  | 60174 |
|  PHILIPPINES — (0.0%) | PHILIPPINES — (0.0%) | PHILIPPINES — (0.0%) | PHILIPPINES — (0.0%) | PHILIPPINES — (0.0%) |
|  | Cebu Air, Inc., 6.000% | 435739 |  | 296847 |
|  TOTAL PREFERRED STOCKS | TOTAL PREFERRED STOCKS | TOTAL PREFERRED STOCKS |  | 16720718 |
|  RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
|  BRAZIL — (0.0%) | BRAZIL — (0.0%) | BRAZIL — (0.0%) | BRAZIL — (0.0%) | BRAZIL — (0.0%) |
|  \* | Banco Pine SA Warrants 12/31/2049 | 90 |  | 11 |
|  \* | Diagnosticos da America SA Warrants 04/30/2025 | 1356 |  | 0 |

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| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |  |
|  \* | Minerva SA Rights 05/29/2025 | 226653 | $| 76281 |
|  TOTAL BRAZIL | TOTAL BRAZIL |  |  | 76292 |
|  INDIA — (0.0%) | INDIA — (0.0%) | INDIA — (0.0%) | INDIA — (0.0%) | INDIA — (0.0%) |
|  \* | Lloyds Engineering Works Ltd. Rights 05/30/2025 | 30756 |  | 8155 |
|  MALAYSIA — (0.0%) | MALAYSIA — (0.0%) |  |  |  |
|  \* | NEXG Bhd. Warrants 02/17/2028 | 493599 |  | 24594 |
|  SOUTH KOREA — (0.0%) | SOUTH KOREA — (0.0%) |  |  |  |
|  \* | Chabiotech Co. Ltd. Rights 06/05/2025 | 2427 |  | 5856 |
|  THAILAND — (0.0%) | THAILAND — (0.0%) |  |  |  |
|  \* | Better World Green PCL Warrants | 2335733 |  | 0 |
|  \* | Better World Green PCL Warrants 08/13/2025 | 1717272 |  | 514 |
|  \* | Jasmine International PCL Warrants 10/10/2031 | 4030021 |  | 44637 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  \* | MBK PCL Rights 05/16/2025 | 343595 | $8229 |
|  \* | Northeast Rubber PCL Warrants 05/15/2026 | 426852 | 2300 |
|  TOTAL THAILAND | TOTAL THAILAND |  | 55680 |
|  TOTAL RIGHTS/WARRANTS | TOTAL RIGHTS/WARRANTS |  | 170577 |
|  TOTAL INVESTMENT SECURITIES (Cost $2,293,026,558) | TOTAL INVESTMENT SECURITIES (Cost $2,293,026,558) |  | 3403807416 |
|  |  |  | **Value†** |
|  SECURITIES LENDING COLLATERAL — (1.7%) | SECURITIES LENDING COLLATERAL — (1.7%) | SECURITIES LENDING COLLATERAL — (1.7%) |  |
|  @§ | The DFA Short Term Investment Fund | 4999823 | 57822952 |
|  TOTAL INVESTMENTS — (100.0%) (Cost $2,350,857,168) | TOTAL INVESTMENTS — (100.0%) (Cost $2,350,857,168) |  | $3461630368 |

---

As of April 30, 2025, The Emerging Markets Small Cap Series had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration<br>Date** | **Notional<br>Value** | **Market<br>Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Position Contracts:** |  |  |  |  |  |
|  S&P 500<sup>®</sup> Emini Index | 86 | 06/20/25 | $24114899 | $24024100 | $(90799) |
|  **Total Futures Contracts** |  |  | $**24114899** | $**24024100** | **$(90799)** |

---

As of April 30, 2025, the value of Rule 144A securities amounted to $177,568,183 or 5.3% of net assets.

Summary of the Series' investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Assets** |  |  |  |  |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Belgium |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4181439 |  | $4181439 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazil | $122341028 |  |  | 122341028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Canada |  | 4691483 |  | 4691483 |

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| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chile | $24898055 | $892571 |  | $25790626 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; China | 29956102 | 609076543 | $185636 | 639218281 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colombia | 3086823 |  |  | 3086823 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Greece |  | 18546644 |  | 18546644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hong Kong | 21726 | 105817868 | 377939 | 106217533 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hungary |  | 5116812 |  | 5116812 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; India |  | 802597164 |  | 802597164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indonesia |  | 53078928 | 133096 | 53212024 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kuwait |  | 27583412 |  | 27583412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Malaysia |  | 51458072 | 44 | 51458116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mexico | 91818357 | 4963542 |  | 96781899 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Netherlands |  | 181460 |  | 181460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Philippines |  | 32636756 | 15827 | 32652583 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Poland |  | 59623257 |  | 59623257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Qatar |  | 26890845 |  | 26890845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Saudi Arabia |  | 134753815 |  | 134753815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Singapore |  | 5461913 |  | 5461913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Africa | 19230322 | 96692579 |  | 115922901 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Korea | 171978 | 295034134 | 344693 | 295550805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Spain |  | 540049 |  | 540049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Taiwan |  | 633504565 | 44715 | 633549280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Thailand | 83317 | 38013408 | 15454 | 38112179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Turkey |  | 29697918 |  | 29697918 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United Arab Emirates |  | 53152429 |  | 53152429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United States |  | 3403 |  | 3403 |
|  Preferred Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazil | 15664851 |  |  | 15664851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chile | 548636 | 150210 |  | 698846 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colombia | 60174 |  |  | 60174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Philippines |  | 296847 |  | 296847 |
|  Rights/Warrants |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazil |  | 76292 |  | 76292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; India |  | 8155 |  | 8155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Malaysia |  | 24594 |  | 24594 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Korea |  | 5856 |  | 5856 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Thailand |  | 55680 |  | 55680 |
|  Securities Lending Collateral |  | 57822952 |  | 57822952 |
|  Total Investments in Securities | $307881369 | $3152631595 | $1,117,404<> | $3461630368 |
|  **Financial Instruments** |  |  |  |  |
|  **Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts\*\* | (90799) |  |  | (90799) |
|  Total Financial Instruments | $(90799) |  |  | $(90799) |

---

\*\* Valued at the unrealized appreciation/(depreciation) on the investment.

---

| | |
|:---|:---|
| <> | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.  |

---

See accompanying Notes to Financial Statements.

1070

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##### [**Table of Contents**](#toc)
**THE DFA INVESTMENT TRUST COMPANY** 

**STATEMENTS OF ASSETS AND LIABILITIES** 

**APRIL 30, 2025** 

**(Unaudited)** 

**(Amounts in thousands)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **The DFA<br>International<br>Value Series\*** | **The Japanese<br>Small<br>Company<br>Series\*** | **The Asia<br>Pacific Small<br>Company<br>Series\*** | **The United<br>Kingdom Small<br>Company<br>Series\*** |
|  **ASSETS:** |  |  |  |  |
|  Investment Securities at Value (including $669,604, $265,235, $142,940 and $14,685 of securities on loan, respectively) | $13212869 | $2968210 | $1264334 | $1433350 |
|  Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $643,095, $93,632, $17,331 and $14,508, respectively) | 643050 | 93621 | 17329 | 14507 |
|  Segregated Cash for Futures Contracts | 11102 |  |  |  |
|  Foreign Currencies at Value | 32008 | 1807 | 1682 | 2209 |
|  Cash | 127675 | 119 | 3669 | 775 |
|  Receivables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold | 5568 | 19005 | 1136 | 5961 |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends, Interest and Tax Reclaims | 153637 | 42363 | 1027 | 13419 |
| &nbsp;&nbsp;&nbsp;&nbsp; Securities Lending Income | 1143 | 305 | 195 | 28 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Margin Variation | 109 |  |  |  |
|  Unrealized Gain on Foreign Currency Contracts | 5 | 31 |  |  |
|  Prepaid Expenses and Other Assets | 2 |  |  | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Assets | 14187168 | 3125461 | 1289372 | 1470250 |
|  **LIABILITIES:** |  |  |  |  |
|  Payables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Upon Return of Securities Loaned | 643038 | 93693 | 17344 | 14512 |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Purchased | 13785 |  | 2241 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Due to Advisor | 2119 | 238 | 99 | 112 |
|  Unrealized Loss on Foreign Currency Contracts | 13 |  |  |  |
|  Accrued Expenses and Other Liabilities | 580 | 216 | 135 | 86 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Liabilities | 659535 | 94147 | 19819 | 14710 |
|  **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |  |  |  |
|  **NET ASSETS** | $13527633 | $3031314 | $1269553 | $1455540 |
|  Investment Securities at Cost | $9364773 | $2266759 | $1312251 | $1236092 |
|  Foreign Currencies at Cost | $32133 | $1810 | $1680 | $2217 |

---

\* See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

1071

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##### [**Table of Contents**](#toc)
**THE DFA INVESTMENT TRUST COMPANY** 

**STATEMENTS OF ASSETS AND LIABILITIES** 

**APRIL 30, 2025** 

**(Unaudited)** 

**(Amounts in thousands)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **The<br>Continental<br>Small<br>Company<br>Series\*** | **The Canadian<br>Small<br>Company<br>Series\*** | **The Emerging<br>Markets<br>Series\*** | **The Emerging<br>Markets Small<br>Cap Series\*** |
|  **ASSETS:** |  |  |  |  |
|  Investment Securities at Value (including $421,029, $145,136, $295,625 and $437,927 of securities on loan, respectively) | $5267069 | $1280372 | $5215431 | $3403807 |
|  Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $425,209, $115,110, $103,485 and $57,831, respectively) | 425159 | 115092 | 103482 | 57823 |
|  Segregated Cash for Futures Contracts |  |  | 2650 | 1883 |
|  Foreign Currencies at Value | 5865 | 130 | 24508 | 16419 |
|  Cash | 2717 | 936 | 28224 | 15592 |
|  Receivables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold | 12123 | 14 | 6409 | 5547 |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends, Interest and Tax Reclaims | 59430 | 1285 | 7508 | 7566 |
| &nbsp;&nbsp;&nbsp;&nbsp; Securities Lending Income | 402 | 74 | 480 | 1429 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Margin Variation |  |  | 26 | 19 |
|  Unrealized Gain on Foreign Currency Contracts | 1 |  | 2 | 5 |
|  Prepaid Expenses and Other Assets | 1 | 1 | 1 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Assets | 5772767 | 1397904 | 5388721 | 3510091 |
|  **LIABILITIES:** |  |  |  |  |
|  Payables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Upon Return of Securities Loaned | 425340 | 115175 | 103555 | 57818 |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Purchased |  |  | 7893 | 3974 |
| &nbsp;&nbsp;&nbsp;&nbsp; Due to Advisor | 415 | 102 | 415 | 541 |
|  Unrealized Loss on Foreign Currency Contracts |  |  | 1 | 1 |
|  Deferred Taxes Payable |  |  | 75523 | 65530 |
|  Accrued Expenses and Other Liabilities | 266 | 60 | 742 | 875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Liabilities | 426021 | 115337 | 188129 | 128739 |
|  **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |  |  |  |
|  **NET ASSETS** | $5346746 | $1282567 | $5200592 | $3381352 |
|  Investment Securities at Cost | $3645770 | $1047234 | $2788064 | $2293027 |
|  Foreign Currencies at Cost | $5881 | $130 | $24374 | $16312 |

---

\* See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

1072

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##### [**Table of Contents**](#toc)
**THE DFA INVESTMENT TRUST COMPANY** 

**STATEMENTS OF OPERATIONS** 

**FOR THE SIX MONTHS ENDED APRIL 30, 2025** 

**(Unaudited)** 

**(Amounts in thousands)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **The DFA<br>International<br>Value Series** | **The Japanese<br>Small<br>Company<br>Series** | **The Asia<br>Pacific Small<br>Company<br>Series** | **The United<br>Kingdom Small<br>Company<br>Series** |
|  **Investment Income** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends (Net of Foreign Taxes Withheld of $23,326, $5,256, $208 and $232, respectively) | $249652 | $45600 | $15995 | $24057 |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividend Income from Affiliates | 8553 | 1787 | 712 | 304 |
| &nbsp;&nbsp;&nbsp;&nbsp; Income from Securities Lending, Net | 2596 | 1682 | 1358 | 162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investment Income | 260801 | 49069 | 18065 | 24523 |
|  **Expenses** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Management Fees | 12580 | 1442 | 642 | 716 |
| &nbsp;&nbsp;&nbsp;&nbsp; Accounting & Transfer Agent Fees | 161 | 42 | 20 | 23 |
| &nbsp;&nbsp;&nbsp;&nbsp; Custodian Fees | 321 | 152 | 129 | 42 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shareholders' Reports | 12 | 8 | 9 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp; Directors'/Trustees' Fees & Expenses | 37 | 9 | 4 | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp; Professional Fees | 80 | 19 | 9 | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp; Other | 103 | 28 | 11 | 15 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Expenses | 13294 | 1700 | 824 | 818 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Expenses | 13294 | 1700 | 824 | 818 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Investment Income (Loss)** | 247507 | 47369 | 17241 | 23705 |
|  **Realized and Unrealized Gain (Loss)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold | 69854 | 42113 | (21548) | 45331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares Sold | (5) | (4) | 1 | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | (10811) | 155 | (77) | (255) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Transactions | (2204) | (1128) | (148) | 208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In-Kind Redemptions | 57127 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities and Foreign Currency | 997609 | 221661 | (37130) | (20896) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares | (51) | (13) | (2) | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | 3383 | 90 | 30 | 37 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Translation of Foreign Currency-Denominated Amounts | 7308 | 3792 | 15 | 277 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Realized and Unrealized Gain (Loss)** | 1122210 | 266666 | (58859) | 24700 |
|  **Net Increase (Decrease) in Net Assets Resulting from Operations** | $1369717 | $314035 | $(41618) | $48405 |

---

See accompanying Notes to Financial Statements.

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##### [**Table of Contents**](#toc)
**THE DFA INVESTMENT TRUST COMPANY** 

**STATEMENTS OF OPERATIONS** 

**FOR THE SIX MONTHS ENDED APRIL 30, 2025** 

**(Unaudited)** 

**(Amounts in thousands)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **The<br>Continental<br>Small<br>Company<br>Series** | **The Canadian<br>Small<br>Company<br>Series** | **The Emerging<br>Markets<br>Series** | **The Emerging<br>Markets Small<br>Cap Series** |
|  **Investment Income** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends (Net of Foreign Taxes Withheld of $6,700, $2,811, $7,221 and $3,470, respectively) | $66073 | $17520 | $57720 | $32295 |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividend Income from Affiliates | 6151 | 2513 | 1766 | 864 |
| &nbsp;&nbsp;&nbsp;&nbsp; Income from Securities Lending, Net | 1937 | 395 | 1967 | 7144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investment Income | 74161 | 20428 | 61453 | 40303 |
|  **Expenses** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Management Fees | 2536 | 649 | 2595 | 3518 |
| &nbsp;&nbsp;&nbsp;&nbsp; Accounting & Transfer Agent Fees | 74 | 18 | 69 | 56 |
| &nbsp;&nbsp;&nbsp;&nbsp; Custodian Fees | 290 | 26 | 1086 | 1181 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shareholders' Reports | 9 | 8 | 10 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp; Directors'/Trustees' Fees & Expenses | 16 | 4 | 15 | 12 |
| &nbsp;&nbsp;&nbsp;&nbsp; Professional Fees | 60 | 8 | 59 | 63 |
| &nbsp;&nbsp;&nbsp;&nbsp; Other | 150 | 11 | 46 | 35 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Expenses | 3135 | 724 | 3880 | 4874 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Expenses | 3135 | 724 | 3880 | 4874 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Investment Income (Loss)** | 71026 | 19704 | 57573 | 35429 |
|  **Realized and Unrealized Gain (Loss)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold | (28876) | 65912 | (30851)<sup>1</sup> | (159893)<sup>1</sup> |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares Sold | 2 | 10 | (10) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | (2144) | 172 | (3243) | (379) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Transactions | 421 | 35 | (465) | (520) |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities and Foreign Currency | 554540 | (74076) | (9600)<sup>2</sup> | 40289<sup>2</sup> |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares | (54) | (20) | (4) | (8) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures |  |  | 1318 | (147) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Translation of Foreign Currency-Denominated Amounts | 1731 | 38 | 306 | 224 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Realized and Unrealized Gain (Loss)** | 525620 | (7929) | (42549) | (120434) |
|  **Net Increase (Decrease) in Net Assets Resulting from Operations** | $596646 | $11775 | $15024 | $(85005) |
|  <sup>1</sup> Net of foreign capital gain taxes withheld of: | $— | $— | $3998 | $3812 |
|  <sup>2</sup> Including foreign capital gain taxes of: | $— | $— | $10332 | $16010 |

---

See accompanying Notes to Financial Statements.

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##### [**Table of Contents**](#toc)
**THE DFA INVESTMENT TRUST COMPANY** 

**STATEMENTS OF CHANGES IN NET ASSETS** 

**(Amounts in thousands)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **The DFA International**<br>**Value Series** | **The DFA International**<br>**Value Series** | **The Japanese Small**<br>**Company Series** | **The Japanese Small**<br>**Company Series** | **The Asia Pacific Small**<br>**Company Series** | **The Asia Pacific Small**<br>**Company Series** |
|  | **Six Months<br>Ended**<br>**Apr 30,**<br>**2025** | **Year**<br>**Ended**<br>**Oct 31,**<br>**2024** | **Six Months**<br>**Ended**<br>**Apr 30,**<br>**2025** | **Year**<br>**Ended**<br>**Oct 31,**<br>**2024** | **Six Months**<br>**Ended**<br>**Apr 30,**<br>**2025** | **Year**<br>**Ended**<br>**Oct 31,**<br>**2024** |
|  | **(Unaudited)** | | **(Unaudited)** | | **(Unaudited)** | |
|  **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
|  Operations: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | $247507 | $485329 | $47369 | $80502 | $17241 | $51402 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold | 69854 | 3034 | 42113 | (70589) | (21548) | (95372) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares Sold | (5) | (46) | (4) | (10) | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | (10811) | 24211 | 155 | (169) | (77) | (102) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Transactions | (2204) | 2242 | (1128) | (1600) | (148) | 830 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In-Kind Redemptions | 57127 | 178254 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities and Foreign |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency | 997609 | 1773464 | 221661 | 429447 | (37130) | 313651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares | (51) | 6 | (13) | 3 | (2) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | 3383 | 3619 | 90 | (90) | 30 | (30) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Translation of Foreign |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency-Denominated Amounts | 7308 | 890 | 3792 | (1443) | 15 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) in Net Assets Resulting from Operations | 1369717 | 2471003 | 314035 | 436051 | (41618) | 270387 |
|  Transactions in Interest: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Contributions | 425597 | 574640 | 5730 | 35137 | 1449 | 61545 |
| &nbsp;&nbsp;&nbsp;&nbsp; Withdrawals | (737316) | (2017781) | (259473) | (321339) | (64065) | (160286) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Transactions in Interest | (311719) | (1443141) | (253743) | (286202) | (62616) | (98741) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Increase (Decrease) in Net Assets | 1057998 | 1027862 | 60292 | 149849 | (104234) | 171646 |
|  **Net Assets** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Beginning of Period | 12469635 | 11441773 | 2971022 | 2821173 | 1373787 | 1202141 |
| &nbsp;&nbsp;&nbsp;&nbsp; End of Period | $13527633 | $12469635 | $3031314 | $2971022 | $1269553 | $1373787 |

---

See accompanying Notes to Financial Statements.

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**THE DFA INVESTMENT TRUST COMPANY** 

**STATEMENTS OF CHANGES IN NET ASSETS** 

**(Amounts in thousands)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **The United Kingdom Small**<br>**Company Series** | **The United Kingdom Small**<br>**Company Series** | **The Continental Small**<br>**Company Series** | **The Continental Small**<br>**Company Series** | **The Canadian Small**<br>**Company Series** | **The Canadian Small**<br>**Company Series** |
|  | **Six Months**<br>**Ended**<br>**Apr 30,**<br>**2025** | **Year**<br>**Ended**<br>**Oct 31,**<br>**2024** | **Six Months**<br>**Ended**<br>**Apr 30,**<br>**2025** | **Year**<br>**Ended**<br>**Oct 31,**<br>**2024** | **Six Months**<br>**Ended**<br>**Apr 30,**<br>**2025** | **Year**<br>**Ended**<br>**Oct 31,**<br>**2024** |
|  | **(Unaudited)** | | **(Unaudited)** | | **(Unaudited)** | |
|  **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
|  Operations: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | $23705 | $59743 | $71026 | $173727 | $19704 | $33971 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold | 45331 | 23405 | (28876) | 173970 | 65912 | 46365 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares Sold | (1) | (1) | 2 | (27) | 10 | (3) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | (255) | (33) | (2144) | (11) | 172 | (307) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Transactions | 208 | 824 | 421 | (140) | 35 | (199) |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities and Foreign Currency | (20896) | 333371 | 554540 | 765290 | (74076) | 248969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares | (1) |  | (54) | 3 | (20) | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | 37 | (37) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Translation of Foreign |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency-Denominated Amounts | 277 | (41) | 1731 | 1610 | 38 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) in Net Assets Resulting from Operations | 48405 | 417231 | 596646 | 1114422 | 11775 | 328798 |
|  Transactions in Interest: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Contributions | 1100 | 69101 | 4595 | 234420 | 1131 | 5707 |
| &nbsp;&nbsp;&nbsp;&nbsp; Withdrawals | (147189) | (185021) | (1007269) | (237781) | (117100) | (125143) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Transactions in Interest | (146089) | (115920) | (1002674) | (3361) | (115969) | (119436) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Increase (Decrease) in Net Assets | (97684) | 301311 | (406028) | 1111061 | (104194) | 209362 |
|  **Net Assets** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Beginning of Period | 1553224 | 1251913 | 5752774 | 4641713 | 1386761 | 1177399 |
| &nbsp;&nbsp;&nbsp;&nbsp; End of Period | $1455540 | $1553224 | $5346746 | $5752774 | $1282567 | $1386761 |

---

See accompanying Notes to Financial Statements.

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**THE DFA INVESTMENT TRUST COMPANY** 

**STATEMENTS OF CHANGES IN NET ASSETS** 

**(Amounts in thousands)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **The Emerging Markets**<br>**Series** | **The Emerging Markets**<br>**Series** | **The Emerging Markets<br>Small Cap Series** | **The Emerging Markets<br>Small Cap Series** |
|  | **Six Months**<br>**Ended**<br>**Apr 30,**<br>**2025** | **Year**<br>**Ended**<br>**Oct 31,**<br>**2024** | **Six Months**<br>**Ended**<br>**Apr 30,**<br>**2025** | **Year**<br>**Ended**<br>**Oct 31,**<br>**2024** |
|  | **(Unaudited)** | | **(Unaudited)** | |
|  **Increase (Decrease) in Net Assets** |  |  |  |  |
|  Operations: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | $57573 | $138022 | $35429 | $108177 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold | (30851) | (127837) | (159893) | (46200) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares Sold | (10) | 3 |  | (3) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | (3243) | 6001 | (379) | 5328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Transactions | (465) | (1645) | (520) | (1009) |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities and Foreign Currency | (9600) | 1018708 | 40289 | 690488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares | (4) | 1 | (8) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | 1318 | 2452 | (147) | 1874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Translation of Foreign Currency-Denominated Amounts | 306 | (162) | 224 | (89) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) in Net Assets Resulting from Operations | 15024 | 1035543 | (85005) | 758566 |
|  Transactions in Interest: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Contributions | 126665 | 238564 | 11243 | 60643 |
| &nbsp;&nbsp;&nbsp;&nbsp; Withdrawals | (276321) | (317878) | (371673) | (806861) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Transactions in Interest | (149656) | (79314) | (360430) | (746218) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Increase (Decrease) in Net Assets | (134632) | 956229 | (445435) | 12348 |
|  **Net Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Beginning of Period | 5335224 | 4378995 | 3826787 | 3814439 |
| &nbsp;&nbsp;&nbsp;&nbsp; End of Period | $5200592 | $5335224 | $3381352 | $3826787 |

---

See accompanying Notes to Financial Statements.

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**THE DFA INVESTMENT TRUST COMPANY** 

**FINANCIAL HIGHLIGHTS** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **The DFA International Value Series** | **The DFA International Value Series** | **The DFA International Value Series** | **The DFA International Value Series** | **The DFA International Value Series** | **The DFA International Value Series** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Total Return | 11.15 %(B) | 21.98% | 17.00% | (13.82%) | 51.09% | (18.68%) |
|  Net Assets, End of Period (thousands) | $13527633 | $12469635 | $11441773 | $10527133 | $12297493 | $9481550 |
|  Ratio of Expenses to Average Net Assets | 0.21 %(C) | 0.22% | 0.21% | 0.21% | 0.22% | 0.21% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly) | 0.21 %(C) | 0.22% | 0.21% | 0.21% | 0.22% | 0.22% |
|  Ratio of Net Investment Income to Average Net Assets | 3.93 %(C) | 3.83% | 4.34% | 4.36% | 3.50% | 2.77% |
|  Portfolio Turnover Rate | 8 %(B) | 13% | 13% | 15% | 9% | 12% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

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**THE DFA INVESTMENT TRUST COMPANY** 

**FINANCIAL HIGHLIGHTS** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **The Japanese Small Company Series** | **The Japanese Small Company Series** | **The Japanese Small Company Series** | **The Japanese Small Company Series** | **The Japanese Small Company Series** | **The Japanese Small Company Series** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Total Return | 11.27 %(B) | 15.91% | 18.71% | (23.60%) | 13.08% | (1.93%) |
|  Net Assets, End of Period (thousands) | $3031314 | $2971020 | $2821173 | $2520343 | $3416144 | $2943153 |
|  Ratio of Expenses to Average Net Assets | 0.12 %(C) | 0.12% | 0.12% | 0.12% | 0.12% | 0.13% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly) | 0.12 %(C) | 0.12% | 0.12% | 0.12% | 0.12% | 0.13% |
|  Ratio of Net Investment Income to Average Net Assets | 3.28 %(C) | 2.64% | 2.63% | 2.56% | 2.11% | 2.13% |
|  Portfolio Turnover Rate | 4 %(B) | 14% | 9% | 11% | 11% | 5% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

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**THE DFA INVESTMENT TRUST COMPANY** 

**FINANCIAL HIGHLIGHTS** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **The Asia Pacific Small Company Series** | **The Asia Pacific Small Company Series** | **The Asia Pacific Small Company Series** | **The Asia Pacific Small Company Series** | **The Asia Pacific Small Company Series** | **The Asia Pacific Small Company Series** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Total Return | (3.07 %)(B) | 22.46% | 0.60% | (26.65%) | 38.31% | 0.14% |
|  Net Assets, End of Period (thousands) | $1269553 | $1373788 | $1202141 | $1194021 | $1822967 | $1527014 |
|  Ratio of Expenses to Average Net Assets | 0.13 %(C) | 0.12% | 0.12% | 0.12% | 0.12% | 0.13% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly) | 0.13 %(C) | 0.12% | 0.12% | 0.12% | 0.12% | 0.13% |
|  Ratio of Net Investment Income to Average Net Assets | 2.69 %(C) | 3.73% | 4.37% | 4.23% | 3.42% | 4.21% |
|  Portfolio Turnover Rate | 8 %(B) | 23% | 17% | 19% | 19% | 18% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

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**THE DFA INVESTMENT TRUST COMPANY** 

**FINANCIAL HIGHLIGHTS** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **The United Kingdom Small Company Series** | **The United Kingdom Small Company Series** | **The United Kingdom Small Company Series** | **The United Kingdom Small Company Series** | **The United Kingdom Small Company Series** | **The United Kingdom Small Company Series** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Total Return | 3.68 %(B) | 32.13% | 9.20% | (33.34%) | 51.93% | (14.87%) |
|  Net Assets, End of Period (thousands) | $1455540 | $1553226 | $1251913 | $1167847 | $1897276 | $1475782 |
|  Ratio of Expenses to Average Net Assets | 0.11 %(C) | 0.11% | 0.11% | 0.11% | 0.12% | 0.12% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly) | 0.11 %(C) | 0.11% | 0.11% | 0.11% | 0.12% | 0.12% |
|  Ratio of Net Investment Income to Average Net Assets | 3.31 %(C) | 3.70% | 3.88% | 4.07% | 2.27% | 2.38% |
|  Portfolio Turnover Rate | 5 %(B) | 20% | 9% | 14% | 12% | 9% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

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**THE DFA INVESTMENT TRUST COMPANY** 

**FINANCIAL HIGHLIGHTS** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **The Continental Small Company Series** | **The Continental Small Company Series** | **The Continental Small Company Series** | **The Continental Small Company Series** | **The Continental Small Company Series** | **The Continental Small Company Series** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Total Return | 12.82 %(B) | 24.06% | 11.76% | (29.07%) | 51.24% | (2.23%) |
|  Net Assets, End of Period (thousands) | $5346746 | $5752774 | $4641713 | $4346563 | $6539105 | $4601945 |
|  Ratio of Expenses to Average Net Assets | 0.12 %(C) | 0.12% | 0.12% | 0.13% | 0.12% | 0.12% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly) | 0.12 %(C) | 0.12% | 0.12% | 0.13% | 0.12% | 0.12% |
|  Ratio of Net Investment Income to Average Net Assets | 2.80 %(C) | 3.10% | 3.14% | 2.85% | 2.11% | 2.15% |
|  Portfolio Turnover Rate | 1 %(B) | 16% | 11% | 11% | 17% | 8% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

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**THE DFA INVESTMENT TRUST COMPANY** 

**FINANCIAL HIGHLIGHTS** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **The Canadian Small Company Series** | **The Canadian Small Company Series** | **The Canadian Small Company Series** | **The Canadian Small Company Series** | **The Canadian Small Company Series** | **The Canadian Small Company Series** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Total Return | 0.90 %(B) | 28.42% | 3.53% | (12.52%) | 59.72% | 6.02% |
|  Net Assets, End of Period (thousands) | $1282567 | $1386761 | $1177399 | $1215060 | $1451408 | $970883 |
|  Ratio of Expenses to Average Net Assets | 0.11 %(C) | 0.11% | 0.11% | 0.11% | 0.12% | 0.12% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly) | 0.11 %(C) | 0.11% | 0.11% | 0.11% | 0.12% | 0.12% |
|  Ratio of Net Investment Income to Average Net Assets | 3.04 %(C) | 2.52% | 2.47% | 3.00% | 1.90% | 2.08% |
|  Portfolio Turnover Rate | 5 %(B) | 18% | 17% | 15% | 27% | 18% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

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**THE DFA INVESTMENT TRUST COMPANY** 

**FINANCIAL HIGHLIGHTS** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **The Emerging Markets Series** | **The Emerging Markets Series** | **The Emerging Markets Series** | **The Emerging Markets Series** | **The Emerging Markets Series** | **The Emerging Markets Series** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Total Return | 0.29 %(B) | 23.68% | 13.27% | (25.79%) | 22.22% | 2.67% |
|  Net Assets, End of Period (thousands) | $5200592 | $5335224 | $4378995 | $3992428 | $6309330 | $5724325 |
|  Ratio of Expenses to Average Net Assets | 0.15 %(C) | 0.15% | 0.14% | 0.15% | 0.15% | 0.13% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly) | 0.15 %(C) | 0.15% | 0.15% | 0.16% | 0.15% | 0.14% |
|  Ratio of Net Investment Income to Average Net Assets | 2.22 %(C) | 2.74% | 3.32% | 3.26% | 2.42% | 2.38% |
|  Portfolio Turnover Rate | 5 %(B) | 15% | 14% | 10% | 19% | 22% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

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**THE DFA INVESTMENT TRUST COMPANY** 

**FINANCIAL HIGHLIGHTS** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **The Emerging Markets Small Cap Series** | **The Emerging Markets Small Cap Series** | **The Emerging Markets Small Cap Series** | **The Emerging Markets Small Cap Series** | **The Emerging Markets Small Cap Series** | **The Emerging Markets Small Cap Series** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Total Return | (2.15 %)(B) | 20.85% | 15.47% | (22.31%) | 36.03% | 1.25% |
|  Net Assets, End of Period (thousands) | $3381352 | $3826787 | $3814439 | $3520919 | $5128719 | $4906954 |
|  Ratio of Expenses to Average Net Assets | 0.28 %(C) | 0.27% | 0.25% | 0.26% | 0.27% | 0.25% |
|  Ratio of Expenses to Average Net Assets (Excluding Fees Paid Indirectly) | 0.28 %(C) | 0.27% | 0.26% | 0.26% | 0.27% | 0.26% |
|  Ratio of Net Investment Income to Average Net Assets | 2.01 %(C) | 2.69% | 2.93% | 2.91% | 2.47% | 2.64% |
|  Portfolio Turnover Rate | 3 %(B) | 13% | 19% | 12% | 16% | 18% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

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**THE DFA INVESTMENT TRUST COMPANY** 

**NOTES TO FINANCIAL STATEMENTS** 

**(UNAUDITED)** 

**A. Organization:** 

The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940 (the "1940 Act"), The Trust consists of ten operational portfolios, eight of which, The DFA International Value Series, The Japanese Small Company Series, The Asia Pacific Small Company Series, The United Kingdom Small Company Series, The Continental Small Company Series, The Canadian Small Company Series, The Emerging Markets Series and The Emerging Markets Small Cap Series are included in this section of the report (collectively, the "Series"). The remaining operational portfolios are presented in separate reports. The Series are investment companies, and accordingly, follow the accounting and reporting guidance under the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC"), Topic 946, "Financial Services-Investment Companies."

**B. Significant Accounting Policies:** 

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America ("GAAP"). Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates, and those differences could be material.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. *Security Valuation*: The Series use a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

● Level 1 – inputs are quoted prices in active
 markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

● Level 2 – other significant observable inputs
 (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

● Level 3 – significant unobservable inputs (including
 the Series' own assumptions in determining the fair value of investments)

Securities held by the Series, including over-the-counter securities, are valued at the last quoted sale price of the day. International equity securities are subject to a fair value factor, as described later in this note. Securities held by the Series that are listed on Nasdaq are valued at the Nasdaq Official Closing Price ("NOCP"). If there is no last reported sale price or NOCP for the day, the Series value the securities at the mean between the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange ("NYSE"). These securities are generally categorized as Level 1 in the hierarchy. The investment in The DFA Short Term Investment Fund (the "Short Term Series"), which is an open-end management investment company available for purchase only by the Portfolios and affiliated funds, is categorized as Level 2 in the hierarchy.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Trustees of the Trust (the "Board"). Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP (the "Advisor")) occur before the net asset value of the Series is calculated. When

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fair value pricing is used, the prices of securities used by the Series may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

The Series will also apply a fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 2:00 a.m. ET), which is fourteen hours before the close of the NYSE (normally, 4:00 p.m. ET) and the time that the net asset values of the Series are computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the time the Series price their shares at the close of the NYSE, the Series will fair-value their foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets' perceptions and trading activities on the Series' foreign investments since the last closing prices of the foreign investments were calculated on their primary foreign securities markets or exchanges. For these purposes, the Advisor has determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable. Fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the Series uses data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). When a Series uses fair value pricing, the values assigned to the Series' foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges. These securities are generally categorized as Level 2 in the hierarchy.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded. These valuations are generally categorized as Level 1 in the hierarchy.

OTC derivative contracts, which include forward currency contracts, do not require material subjectivity as pricing inputs are observed from quoted markets and are categorized as Level 2 in the hierarchy.

A summary of the inputs used to value the Series' investments by each major security type, industry and/or country is disclosed previously in this note. Valuation hierarchy tables have been included at the end of the Schedules of Investments. The methodology or inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. *Foreign Currency Translation*: Securities and other assets and liabilities of the Series, whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate the translation, the Series enter into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked-to-market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement.

The Series do not isolate the effect of foreign currency rate fluctuations when determining the realized gain or loss upon the sale or maturity of foreign currency-denominated debt obligations pursuant to U.S. Federal income tax regulations; such amounts are categorized as foreign exchange gain or loss for income tax reporting purposes.

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates of securities transactions, and the difference between amounts of interest, dividends and any foreign withholding taxes recorded on the books of the Series and the U.S. dollar equivalent amounts actually received or paid.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. *Deferred Compensation Plan*: Each eligible Trustee of the Trust may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (the "Plan"). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds, each of which are affiliates of the Series, and advised by the Advisor: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company Portfolio, U.S. Vector Equity Portfolio, U.S. Micro Cap Portfolio, DFA International Value Portfolio, International Core

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Equity 2 Portfolio, Emerging Markets Portfolio, Emerging Markets Core Equity 2 Portfolio, DFA Inflation-Protected Securities Portfolio, and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors'/Trustees' Fees & Expenses.

The Trustees may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Trustee shall have the right in a notice of election (the "Notice") to defer the receipt of the Trustee's deferred compensation until a date specified by such Trustee in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Trustee ceases to be a member of the Board; and (ii) five years following the effective date of the Trustee's first deferral election. If a Trustee who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Trustee's deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Trustee ceases to be a member of the Board (unless the Trustee files an amended Notice selecting a different distribution date).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. *Other*: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities and foreign currency are accounted for on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. Distributions received on securities and that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimate the character of received distributions that may be considered return of capital distributions. Interest income is recorded on an accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities, using the effective interest method. Expenses directly attributable to a Series are directly charged. Common expenses of the Trust or Series are allocated using methods approved by the Board, generally based on average net assets.

The Series may be subject to taxes imposed by countries in which they invest with respect to their investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The Series accrue such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental approval for the repatriation of investment income, capital or the proceeds of sales earned by foreign investors. Additionally, if there is a deterioration in a country's balance of payments or for other reasons, a country may impose temporary restrictions on foreign capital remittances abroad.

The Emerging Markets Series and The Emerging Markets Small Cap Series are subject to tax on short-term and long-term capital gains for investments in India. Such taxes are accrued on a daily basis and due upon sale of individual securities.

**C. Investment Advisor:** 

The Advisor provides investment management services to the Series. For the six months ended April 30, 2025, investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

---

| | |
|:---|:---|
|  The DFA International Value Series | 0.2% |
|  The Japanese Small Company Series | 0.1% |
|  The Asia Pacific Small Company Series | 0.1% |
|  The United Kingdom Small Company Series | 0.1% |
|  The Continental Small Company Series | 0.1% |
|  The Canadian Small Company Series | 0.1% |
|  The Emerging Markets Series | 0.1% |
|  The Emerging Markets Small Cap Series | 0.2% |

---

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**Fees Paid to Officers and Directors/Trustees:** 

Certain Officers and Trustees of the Advisor are also Officers and Trustees of the Trust; however, such Officers and Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Trust. For the six months ended April 30, 2025, the total related amounts paid by the Trust to the CCO were $19 (in thousands). The total related amounts paid by each of the Series are included in Other Expenses on the Statements of Operations.

**D. Deferred Compensation:** 

As of April 30, 2025, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities on the Statements of Assets and Liabilities as follows (amounts in thousands):

---

| | |
|:---|:---|
|  The DFA International Value Series | $168.0 |
|  The Japanese Small Company Series | 43.0 |
|  The Asia Pacific Small Company Series | 20.0 |
|  The United Kingdom Small Company Series | 27.0 |
|  The Continental Small Company Series | 40.0 |
|  The Canadian Small Company Series | 10.0 |
|  The Emerging Markets Series | 68.0 |
|  The Emerging Markets Small Cap Series | 59.0 |

---

**E. Purchases and Sales of Securities:** 

For the six months ended April 30, 2025, the Series' transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. Government securities (amounts in thousands), were as follows:

---

| | | |
|:---|:---|:---|
|  | **Purchases** | **Sales** |
|  The DFA International Value Series | $1028622 | $959418 |
|  The Japanese Small Company Series | 117535 | 342312 |
|  The Asia Pacific Small Company Series | 100055 | 138246 |
|  The United Kingdom Small Company Series | 74583 | 174355 |
|  The Continental Small Company Series | 49408 | 998645 |
|  The Canadian Small Company Series | 68299 | 139259 |
|  The Emerging Markets Series | 281361 | 379123 |
|  The Emerging Markets Small Cap Series | 103119 | 431324 |

---

There were no purchases or sales of long-term U.S. government securities.

For the six months ended April 30, 2025, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

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The amounts presented below may differ from the respective amounts presented in the corresponding Schedule of Investments, Statement of Assets and Liabilities or Statement of Operations due to rounding. The amounts are as follows (amounts in thousands):

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at<br>October 31, 2024** | **Purchases<br>at Cost** | **Proceeds<br>from Sales** | **Net Realized<br>Gain/(Loss)<br>on Sales** | **Change in<br>Unrealized<br>Appreciation/<br>Depreciation** | **Balance at<br>April 30, 2025** | **Shares as of<br>April 30, 2025** | **Dividend<br>Income** | **Capital Gain<br>Distributions** |
|  **The DFA International Value Series** |  |  |  |  |  |  |  |  |  |
|  The DFA Short Term Investment Fund | $394864 | $2743627 | $2495385 | $(5) | $(51) | $643050 | 55603 | $8553 |  |
|  Total | $394864 | $2743627 | $2495385 | $(5) | $(51) | $643050 |  | $8553 |  |
|  **The Japanese Small Company Series** |  |  |  |  |  |  |  |  |  |
|  The DFA Short Term Investment Fund | $41708 | $299753 | $247823 | $(4) | $(13) | $93621 | 8095 | $1787 |  |
|  Total | $41708 | $299753 | $247823 | $(4) | $(13) | $93621 |  | $1787 |  |
|  **The Asia Pacific Small Company Series** |  |  |  |  |  |  |  |  |  |
|  The DFA Short Term Investment Fund | $18337 | $102853 | $103860 | $1 | $(2) | $17329 | 1498 | $712 |  |
|  Total | $18337 | $102853 | $103860 | $1 | $(2) | $17329 |  | $712 |  |
|  **The United Kingdom Small Company Series** |  |  |  |  |  |  |  |  |  |
|  The DFA Short Term Investment Fund | $11156 | $73681 | $70328 | $(1) | $(1) | $14507 | 1254 | $304 |  |
|  Total | $11156 | $73681 | $70328 | $(1) | $(1) | $14507 |  | $304 |  |
|  **The Continental Small Company Series** |  |  |  |  |  |  |  |  |  |
|  The DFA Short Term Investment Fund | $240959 | $773908 | $589656 | $2 | $(54) | $425159 | 36763 | $6151 |  |
|  Total | $240959 | $773908 | $589656 | $2 | $(54) | $425159 |  | $6151 |  |
|  **The Canadian Small Company Series** |  |  |  |  |  |  |  |  |  |
|  The DFA Short Term Investment Fund | $94298 | $214829 | $194025 | $10 | $(20) | $115092 | 9952 | $2513 |  |
|  Total | $94298 | $214829 | $194025 | $10 | $(20) | $115092 |  | $2513 |  |
|  **The Emerging Markets Series** |  |  |  |  |  |  |  |  |  |
|  The DFA Short Term Investment Fund | $56677 | $589158 | $542339 | $(10) | $(4) | $103482 | 8948 | $1766 |  |
|  Total | $56677 | $589158 | $542339 | $(10) | $(4) | $103482 |  | $1766 |  |

---

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---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at<br>October 31, 2024** | **Purchases<br>at Cost** | **Proceeds<br>from Sales** | **Net Realized<br>Gain/(Loss)<br>on Sales** | **Change in<br>Unrealized<br>Appreciation/<br>Depreciation** | **Balance at<br>April 30, 2025** | **Shares as of<br>April 30, 2025** | **Dividend<br>Income** | **Capital Gain<br>Distributions** |
|  **The Emerging Markets Small Cap Series** |  |  |  |  |  |  |  |  |  |
|  The DFA Short Term Investment Fund | $26110 | $160530 | $128809 |  | $(8) | $57823 | 5000 | $864 |  |
|  Total | $26110 | $160530 | $128809 |  | $(8) | $57823 |  | $864 |  |

---

**F. Federal Income Taxes:** 

No provision for federal income taxes is required since the Series are treated as partnerships for federal income tax purposes. Any net investment income and realized and unrealized gains and losses have been deemed to have been "passed down" to their respective partners.

As of April 30, 2025, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Federal<br>Tax Cost** | **Unrealized<br>Appreciation** | **Unrealized<br>(Depreciation)** | **Net<br>Unrealized<br>Appreciation<br>(Depreciation)** |
|  The DFA International Value Series | $10112316 | $4116959 | $(273449) | $3843510 |
|  The Japanese Small Company Series | 2461675 | 853269 | (151829) | 701440 |
|  The Asia Pacific Small Company Series | 1372995 | 261264 | (311360) | (50096) |
|  The United Kingdom Small Company Series | 1268189 | 419606 | (222349) | 197257 |
|  The Continental Small Company Series | 4135076 | 2121386 | (500718) | 1620668 |
|  The Canadian Small Company Series | 1194390 | 368310 | (135191) | 233119 |
|  The Emerging Markets Series | 3007705 | 2560159 | (137155) | 2423004 |
|  The Emerging Markets Small Cap Series | 2498477 | 1407533 | (300466) | 1107067 |

---

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in the tax treatment of passive foreign investment company investments or other investments.

*ASC 740 Accounting for Uncertainty in Income Taxes* sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Under GAAP, the Series recognize the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained, assuming examination by tax authorities. Management has analyzed the Series' tax positions and has concluded that no additional provision for income tax is required in any Series' financial statements. The Series are not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Series' federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

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**G. Financial Instruments:** 

In accordance with the Series' investment objectives and policies, the Series may invest in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit and market risk. The Series' derivative contracts are not accounted for as hedging instruments under GAAP. These instruments and their significant corresponding risks are described below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. *Foreign Market Risks*: Investments in foreign markets may involve certain considerations and risks not typically associated with investments in the United States of America, including the possibility of future political and economic developments and the level of foreign governmental supervision and regulation of foreign securities markets. These markets are generally smaller, less liquid and more volatile than the major securities markets in the United States of America. Consequently, acquisition and disposition of international securities held by the Series may be inhibited.

Series that have significant exposure to certain countries, such as The United Kingdom Small Company Series that concentrates investments in the United Kingdom, can be expected to be impacted by the political and economic conditions within such countries. For example, there is continuing uncertainty around the future of the euro and the European Union (EU) following the United Kingdom's (UK) exit from the EU (referred to as "Brexit"). Brexit may cause greater market volatility and illiquidity, currency fluctuations, deterioration in economic activity, a decrease in business confidence, and increased likelihood of a recession in the UK. While it is not possible to determine the precise impact these events may have on the Series, the ultimate impact on the UK, EU countries, other countries or parties that transact with the UK and EU, and the broader global economy could be significant and could adversely affect the value and liquidity of the Series' investments.

**Derivative Financial Instruments:** 

Summarized below are the specific types of derivative instruments used by the Series.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. *Futures Contracts*: The Series listed below may purchase or sell futures contracts and options on futures contracts for equity securities and indices to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Series. Upon entering into a futures contract, a Series deposits cash or pledges U.S. Government securities to a broker in an amount equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series records a realized gain or loss, which is presented in the Statements of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

Risks may arise upon entrance into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities, from the possibility of an illiquid secondary market for these instruments and from the possibility that the Series could lose more than the initial margin requirements. A Portfolio entering into stock index futures is subject to equity price risk from those futures contracts.

Securities have been segregated as collateral for open futures contracts.

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the six months ended April 30, 2025 was as follows (amounts in thousands):

---

| | |
|:---|:---|
|  | **Futures\*** |
|  The DFA International Value Series | $118671 |
|  The Japanese Small Company Series | 505 |
|  The Asia Pacific Small Company Series | 168 |
|  The United Kingdom Small Company Series | 3519 |
|  The Emerging Markets Series | 35347 |

---

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---

| | |
|:---|:---|
|  | **Futures\*** |
|  The Emerging Markets Small Cap Series | $21478 |

---

\* Average Notional Value of futures contracts.

The following is a summary of the Series' derivative instrument holdings categorized by primary risk exposure as of April 30, 2025 (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Asset Derivatives Value** | **Asset Derivatives Value** |
|  | **Total Value<br>at<br>April 30, 2025** | **Equity<br>Contracts <sup>(1)</sup>** |
|  The DFA International Value Series | $2545 | $2545 |
|  The Emerging Markets Series | 1761 | 1761 |
|  | **Liability Derivatives Value** | **Liability Derivatives Value** |
|  | **Total Value<br>at<br>April 30, 2025** | **Equity<br>Contracts <sup>\*,(2)</sup>** |
|  The Emerging Markets Small Cap Series | $(91) | $(91) |

---

(1) Presented on Statements of Assets and Liabilities
 as Receivables: Futures Margin Variation.

(2) Presented on Statements of Assets and Liabilities
 as Payables: Futures Margin Variation.

\* Includes cumulative appreciation (depreciation) of futures contracts. Only current day's margin variation is reported within the Statements of Assets and Liabilities.

The following is a summary of the realized and change in unrealized gains and losses from the Series' derivative instrument holdings categorized by primary risk exposure for the six months ended April 30, 2025 (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Realized Gain (Loss) on<br>Derivatives** | **Realized Gain (Loss) on<br>Derivatives** |
|  | **Total** | **Equity<br>Contracts <sup>(1)</sup>** |
|  The DFA International Value Series | $(10811) | $(10811) |
|  The Japanese Small Company Series | 155 | 155 |
|  The Asia Pacific Small Company Series | (77) | (77) |
|  The United Kingdom Small Company Series | (255) | (255) |
|  The Continental Small Company Series | (2144) | (2144) |
|  The Canadian Small Company Series | 172 | 172 |
|  The Emerging Markets Series | (3243) | (3243) |
|  The Emerging Markets Small Cap Series | (379) | (379) |

---

---

| | | |
|:---|:---|:---|
|  | **Change in Unrealized Appreciation<br>(Depreciation) on Derivatives** | **Change in Unrealized Appreciation<br>(Depreciation) on Derivatives** |
|  | **Total** | **Equity<br>Contracts <sup>(2)</sup>** |
|  The DFA International Value Series | $3383 | $3383 |
|  The Japanese Small Company Series | 90 | 90 |

---

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---

| | | |
|:---|:---|:---|
|  | **Change in Unrealized Appreciation<br>(Depreciation) on Derivatives** | **Change in Unrealized Appreciation<br>(Depreciation) on Derivatives** |
|  | **Total** | **Equity<br>Contracts <sup>(2)</sup>** |
|  The Asia Pacific Small Company Series | $30 | $30 |
|  The United Kingdom Small Company Series | 37 | 37 |
|  The Emerging Markets Series | 1318 | 1318 |
|  The Emerging Markets Small Cap Series | (147) | (147) |

---

(1) Presented on Statements of Operations as
 Net Realized Gain (Loss) on: Futures.

(2) Presented on Statements of Operations as
 Change in Unrealized Appreciation (Depreciation) of: Futures.

**H. Line of Credit and Interfund Lending Program:** 

The Trust, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 2, 2025, with its domestic custodian bank. A line of credit with similar terms was in effect through April 2, 2025. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 1, 2026.

The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 26, 2024. A line of credit with similar terms was in effect through December 26, 2024. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio's net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The line of credit agreement expires on December 25, 2025.

For the six months ended April 30, 2025, borrowings by the following Series under the lines of credit were as follows (amounts in thousands, except percentages and days):

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Weighted<br>Average<br>Interest Rate** | **Weighted<br>Average<br>Loan Balance** | **Number of<br>Days<br>Outstanding\*** | **Interest<br>Expense<br>Incurred** | **Maximum Amount<br>Borrowed During<br>the Period** | **Outstanding<br>Borrowings<br>as of 04/30/2025** |
|  The Japanese Small Company Series | 5.13% | $1427 | 10 | $2 | $2908 |  |
|  The Asia Pacific Small Company Series | 5.08% | 580 | 3 |  | 989 |  |
|  The United Kingdom Small Company Series | 5.21% | 1744 | 8 | 2 | 3160 |  |
|  The Continental Small Company Series | 5.22% | 10281 | 11 | 17 | 17754 |  |
|  The Emerging Markets Series | 5.08% | 5848 | 4 | 3 | 5848 |  |

---

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---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Weighted<br>Average<br>Interest Rate** | **Weighted<br>Average<br>Loan Balance** | **Number of<br>Days<br>Outstanding\*** | **Interest<br>Expense<br>Incurred** | **Maximum Amount<br>Borrowed During<br>the Period** | **Outstanding<br>Borrowings<br>as of 04/30/2025** |
|  The Emerging Markets Small Cap Series | 5.08% | $772 | 4 | – | $863 |  |

---

\* Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2025, that the Series' available line of credit was used. 

Pursuant to an exemptive order issued by the SEC (the "Order"), the Series may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objectives and limitations. Interfund loans have a maximum duration of seven days and may be called on one business day's notice.

For the six months ended April 30, 2025, activity by the Series under the interfund lending program was as follows (amounts in thousands, except percentages and days):

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Borrower or<br>Lender** | **Weighted<br>Average<br>Interest Rate** | **Weighted<br>Average Loan<br>Balance** | **Number of<br>Days<br>Outstanding\*** | **Interest<br>Expense/<br>Income** | **Maximum Amount<br>Borrowed/Loaned<br>During the Period** | **Outstanding<br>Borrowings<br>as of 04/30/2025** |
|  The Continental Small Company Series | Borrower | 4.95% | $41556 | 15 | $86 | $58491 |  |

---

\* Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2025 that the Series utilized the interfund lending program. 

**I. Affiliated Trades:** 

Cross trades for the six months ended April 30, 2025, if any, were executed by the Series pursuant to procedures adopted by the Board to ensure compliance with Rule 17a-7 under the 1940 Act. Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of a common investment advisor (or affiliated investment advisors), common Trustees and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Series complied with the Rule 17a-7 Procedures adopted by the Board.

For the six months ended April 30, 2025, cross trades by the Series under Rule 17a-7 were as follows (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
| **Series** | **Purchases** | **Sales** | **Realized Gain (Loss)** |
|  The DFA International Value Series | $84706 | $56932 | $(2874) |
|  The Japanese Small Company Series | 22147 | 44874 | 3979 |
|  The Asia Pacific Small Company Series | 19099 | 27148 | 1050 |
|  The United Kingdom Small Company Series | 11146 | 31396 | 8274 |
|  The Continental Small Company Series | 7387 | 83294 | 820 |
|  The Canadian Small Company Series | 17617 | 18481 | 4859 |
|  The Emerging Markets Series | 2284 | 2483 | (1456) |

---

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---

| | | | |
|:---|:---|:---|:---|
| **Series** | **Purchases** | **Sales** | **Realized Gain (Loss)** |
|  The Emerging Markets Small Cap Series | $&nbsp;&nbsp;&nbsp;&nbsp;594 | $1654 | $(780) |

---

**J. Securities Lending:** 

As of April 30, 2025, the Series had securities on loan to brokers/dealers, for which each such Series received cash collateral. The contractual maturity of cash collateral received under the securities lending agreement is classified as overnight and continuous. The Series also received non-cash collateral consisting of short- and/or long-term U.S. Treasuries and U.S. government agency securities as follows (amounts in thousands):

---

| | |
|:---|:---|
|  | **Non-Cash<br>Collateral<br>Market<br>Value** |
|  The DFA International Value Series | $55716 |
|  The Japanese Small Company Series | 189596 |
|  The Asia Pacific Small Company Series | 141827 |
|  The United Kingdom Small Company Series | 1097 |
|  The Continental Small Company Series | 17986 |
|  The Canadian Small Company Series | 3831 |
|  The Emerging Markets Series | 206430 |
|  The Emerging Markets Small Cap Series | 408175 |

---

Each Series invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are expected at all times to be secured by collateral in an amount (i) equal to at least 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) generally equal to 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) generally equal to 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Series' collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. In the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. If the borrower fails to return loaned securities, cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities, and such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Series or, at the option of the lending agent, to replace the securities. In the event of the bankruptcy of the borrower, the Series could experience delay in recovering the loaned securities or only recover cash or a security of equivalent value.

Subject to their stated investment policies, each Series will generally invest the cash collateral received for the loaned securities in The DFA Short Term Investment Fund (the "Short Term Series"), an affiliated registered ultrashort term bond fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Short Term Series. Income received from the Short Term Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. The Series also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, each Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or, other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible for taxation at qualified dividend income rates.

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**K. Indemnitees; Contractual Obligations:** 

Under the Trust's organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust.

In the normal course of business, the Trust enters into contracts that contain a variety of representations and warranties that provide general indemnification. The Trust's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Trust and/or its affiliates that have not yet occurred. However, based on experience, the Trust expects the risk of loss to be remote.

**L. In-Kind Redemptions:** 

During the six months ended April 30, 2025, the realized net gains (losses) on in-kind redemptions as follows (amount in thousands):

---

| | |
|:---|:---|
|  The DFA International Value Series | $57127.0 |

---

**M. Segment Reporting:** 

In this reporting period, the Series adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The adoption of the new standard only impacted financial statement disclosures and did not affect the Series' financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that (i) engages in business activities from which it may recognize revenues and incur expenses, (ii) has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and (iii) has discrete financial information available. The Trust's Co-Chief Executive Officers and the Chief Financial Officer act as the Series' CODM. The Series represents a single operating segment, as the CODM monitors the operating results of the Series as a whole. The Series' long-term strategic asset allocation is executed by its portfolio management team and guided by the Series' investment objective and principal investment strategies, as described in the Series' registration statement. The financial information provided to and reviewed by the CODM is consistent with that presented in the Series' Schedule of Investments, Statement of Operations, Statement of Changes in Net Assets, and Financial Highlights.

**N. New Accounting Pronouncement:** 

In December 2023, the FASB issued Accounting Standards Update 2023-09, Income Taxes (Topic 740) –Improvements to Income Tax Disclosures ("ASU 2023-09"). Effective for annual periods beginning after December 15, 2024, the amendments require greater disaggregation of disclosures related to income taxes paid. The ASU 2023-09 allows for early adoption and requires that amendments be applied on a prospective basis. Management is currently evaluating the impact of the ASU 2023-09 but does not expect the guidance to materially impact the financial statements.

**O. Other:** 

The Series and the Trust are subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy). Although management currently believes that resolving claims, if any, against the Series and the Trust, individually or in aggregate, will not have a material adverse impact on the Series' and the Trust's financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management's view of these matters may change in the future.

**P. Subsequent Event Evaluations:** 

Management has evaluated the impact of all subsequent events on the Series through the date on which the financial statements were issued and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

1097

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##### [**Table of Contents**](#toc)
**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**SCHEDULE OF INVESTMENTS** 

**April 30, 2025** 

**(Unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  COMMON STOCKS — (97.9%) | COMMON STOCKS — (97.9%) |  |  |
|  BELGIUM — (0.0%) | BELGIUM — (0.0%) |  |  |
|  | Titan Cement International SA (TITC GA) | 101687 | $4720593 |
|  BRAZIL — (2.6%) | BRAZIL — (2.6%) |  |  |
|  | Anima Holding SA | 1081100 | 607686 |
|  | Atacadao SA | 2306886 | 3475481 |
|  \* | Automob Participacoes SA | 189745 | 9027 |
|  | Banco Bradesco SA (BBD US), ADR | 387640 | 953595 |
|  | Banco Bradesco SA (BBDC3 BZ) | 3524949 | 7596297 |
|  | Banco do Brasil SA | 5636844 | 28734729 |
|  | Banco Santander Brasil SA | 1373310 | 7143443 |
|  | Bemobi Mobile Tech SA | 76755 | 255753 |
|  \* | Blau Farmaceutica SA | 11300 | 25706 |
|  | BrasilAgro - Co. Brasileira de Propriedades Agricolas | 191415 | 714372 |
|  | Brava Energia | 175795 | 537749 |
|  | BRF SA | 884829 | 3539223 |
|  | C&A Modas SA | 457849 | 1073799 |
|  | Camil Alimentos SA | 422399 | 324513 |
|  | Cia Siderurgica Nacional SA (CSNA3 BZ) | 2157837 | 3536098 |
|  # | Cia Siderurgica Nacional SA (SID US), Sponsored ADR | 360553 | 605729 |
|  | Cosan SA | 754879 | 1033525 |
|  | Cruzeiro do Sul Educacional SA | 12500 | 9009 |
|  | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 1236143 | 5399678 |
|  | Dexco SA | 1538080 | 1498741 |
|  | Dimed SA Distribuidora da Medicamentos | 57500 | 93011 |
|  \* | Embraer SA (EMBR3 BZ) | 754003 | 8625301 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  | Empreendimentos Pague Menos SA | 233098 | $135542 |
|  | Eternit SA | 52800 | 42053 |
|  | Even Construtora e Incorporadora SA | 731756 | 741407 |
|  | Fleury SA | 181500 | 415440 |
|  | Gerdau SA, Sponsored ADR | 3587004 | 9362080 |
|  | Grendene SA | 23400 | 22925 |
|  | Grupo SBF SA | 353370 | 660644 |
|  | Guararapes Confeccoes SA | 361300 | 518221 |
|  \*W | Hapvida Participacoes e Investimentos SA | 12108112 | 4949793 |
|  | Hypera SA | 416253 | 1769120 |
|  | Iochpe Maxion SA | 489454 | 1062540 |
|  \* | IRB-Brasil Resseguros SA | 202202 | 1704149 |
|  | Jalles Machado SA | 161838 | 114068 |
|  | JBS SA | 839152 | 6517858 |
|  | JHSF Participacoes SA | 1503305 | 1358899 |
|  | JSL SA | 83710 | 99417 |
|  | Lavvi Empreendimentos Imobiliarios SA | 215108 | 395713 |
|  | Lojas Quero-Quero SA | 706315 | 343503 |
|  | Lojas Renner SA | 269947 | 694947 |
|  W | LWSA SA | 801300 | 509712 |
|  | M Dias Branco SA | 60100 | 268669 |
|  | Moura Dubeux Engenharia SA | 184100 | 533957 |
|  | Movida Participacoes SA | 318090 | 396271 |
|  | Natura & Co. Holding SA | 1150721 | 1928294 |
|  \* | Oceanpact Servicos Maritimos SA | 13100 | 12511 |
|  \* | Oncoclinicas do Brasil Servicos Medicos SA | 22400 | 23880 |
|  | Petroleo Brasileiro SA (PBR US), Sponsored ADR | 1849041 | 20875673 |
|  | Petroleo Brasileiro SA (PBRA US), Sponsored ADR | 2745081 | 28988055 |

---

1098

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  | Petroleo Brasileiro SA (PETR3 BZ) | 10192349 | $57560555 |
|  | Petroreconcavo SA | 439400 | 994140 |
|  | Positivo Tecnologia SA | 338908 | 367265 |
|  \* | PRIO SA | 154300 | 916531 |
|  \* | Qualicorp Consultoria e Corretora de Seguros SA | 148000 | 53722 |
|  | Romi SA | 233623 | 377080 |
|  | Sao Carlos Empreendimentos e Participacoes SA | 55300 | 179976 |
|  | Sao Martinho SA | 176538 | 606901 |
|  W | Ser Educacional SA | 82700 | 87288 |
|  | Trisul SA | 269566 | 330596 |
|  | Tupy SA | 302484 | 1143279 |
|  | Ultrapar Participacoes SA (UGPA3 BZ) | 132449 | 416124 |
|  | Vale SA (VALE US), Sponsored ADR | 656676 | 6113654 |
|  | Vale SA (VALE3 BZ) | 5734779 | 53415405 |
|  | Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA | 206537 | 900732 |
|  | Vamos Locacao de Caminhoes Maquinas e Equipamentos SA | 164800 | 142871 |
|  | Vibra Energia SA | 794160 | 2630804 |
|  | YDUQS Participacoes SA | 120081 | 302363 |
|  \* | Zamp SA | 177798 | 98374 |
|  TOTAL BRAZIL | TOTAL BRAZIL | TOTAL BRAZIL | 286875466 |
|  CANADA — (0.0%) | CANADA — (0.0%) |  |  |
|  | China Gold International Resources Corp. Ltd. (2099 HK) | 277500 | 1751495 |
|  CHILE — (0.6%) | CHILE — (0.6%) |  |  |
|  | Banco de Credito e Inversiones SA | 38444 | 1522510 |
|  | Besalco SA | 530992 | 412169 |
|  | Bicecorp SA | 2846826 | 784697 |
|  | Camanchaca SA | 1334309 | 56155 |
|  \* | CAP SA | 558310 | 2871474 |
|  | Cencosud SA | 4122328 | 14105485 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHILE — (Continued) | CHILE — (Continued) |  |  |
|  | Cia Sud Americana de Vapores SA | 46849671 | $2587669 |
|  | Cristalerias de Chile SA | 264624 | 819452 |
|  | Empresa Nacional de Telecomunicaciones SA | 714381 | 2067193 |
|  | Empresas CMPC SA | 4198444 | 6584386 |
|  | Empresas Copec SA | 1491993 | 10241902 |
|  \* | Empresas Hites SA | 1694432 | 144947 |
|  | Enel Americas SA (ENELAM CI) | 32386016 | 3180149 |
|  | Falabella SA | 1568863 | 7123830 |
|  | Inversiones Aguas Metropolitanas SA | 2219249 | 2015603 |
|  \* | Masisa SA | 8850036 | 127111 |
|  | PAZ Corp. SA | 1562812 | 866496 |
|  \* | Ripley Corp. SA | 647087 | 299184 |
|  | Salfacorp SA | 2712464 | 1936472 |
|  | Sigdo Koppers SA | 187924 | 219998 |
|  | SMU SA | 3058733 | 599219 |
|  | Sociedad Matriz SAAM SA | 44103821 | 5542729 |
|  \* | Socovesa SA | 3559512 | 266900 |
|  | SONDA SA | 276164 | 111575 |
|  | Vina Concha y Toro SA | 581670 | 721183 |
|  TOTAL CHILE | TOTAL CHILE | TOTAL CHILE | 65208488 |
|  CHINA — (26.1%) | CHINA — (26.1%) |  |  |
|  | 360 Security Technology, Inc., Class A | 678933 | 957643 |
|  | 361 Degrees International Ltd. | 4912000 | 2697518 |
|  W | 3SBio, Inc. | 7838000 | 12085233 |
|  \* | 5I5J Holding Group Co. Ltd., Class A | 803700 | 350226 |
|  | AAC Technologies Holdings, Inc. | 2727500 | 13056431 |
|  \* | ADAMA Ltd., Class A | 191800 | 163571 |
|  \* | Addsino Co. Ltd., Class A | 85900 | 80783 |
|  | Advanced Technology & Materials Co. Ltd., Class A | 308500 | 475831 |
|  | AECC Aero-Engine Control Co. Ltd., Class A | 244300 | 602079 |
|  | AECC Aviation Power Co. Ltd., Class A | 267307 | 1208926 |
|  | Agricultural Bank of China Ltd., Class H | 85944000 | 52444457 |

---

1099

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Aisino Corp., Class A | 369067 | $418154 |
|  | Ajisen China Holdings Ltd. | 2433000 | 240678 |
|  | Alibaba Group Holding Ltd.<br>(9988 HK) | 22850500 | 341158575 |
|  # | Alibaba Group Holding Ltd. (BABA US), Sponsored ADR | 217044 | 25921565 |
|  \* | Alibaba Pictures Group Ltd. | 15290000 | 998688 |
|  W | A-Living Smart City Services Co. Ltd. | 421750 | 163427 |
|  | Allmed Medical Products Co. Ltd., Class A | 111200 | 123133 |
|  | Aluminum Corp. of China Ltd., Class H | 9316000 | 5000219 |
|  | Andon Health Co. Ltd., Class A | 47700 | 248975 |
|  \* | Angang Steel Co. Ltd., Class H | 1093632 | 206925 |
|  | Anhui Conch Cement Co. Ltd., Class H | 3421000 | 9637161 |
|  | Anhui Construction Engineering Group Co. Ltd., Class A | 569100 | 360677 |
|  | Anhui Guangxin Agrochemical Co. Ltd., Class A | 260482 | 387208 |
|  | Anhui Heli Co. Ltd., Class A | 203527 | 444537 |
|  | Anhui Hengyuan Coal Industry & Electricity Power Co. Ltd., Class A | 499340 | 479414 |
|  | Anhui Honglu Steel Construction Group Co. Ltd., Class A | 156651 | 403817 |
|  | Anhui Huilong Agricultural Means of Production Co. Ltd., Class A | 87000 | 64284 |
|  | Anhui Jiangnan Chemical Industry Co. Ltd., Class A | 910803 | 671177 |
|  | Anhui Jinhe Industrial Co. Ltd., Class A | 17400 | 59603 |
|  | Anhui Sierte Fertilizer Industry Ltd. Co., Class A | 81000 | 57048 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Anhui Transport Consulting & Design Institute Co. Ltd., Class A | 111080 | $126743 |
|  | Anhui Truchum Advanced Materials & Technology Co. Ltd., Class A | 312200 | 364452 |
|  | Anhui Xinhua Media Co. Ltd., Class A | 236100 | 227749 |
|  | Anhui Zhongding Sealing Parts Co. Ltd., Class A | 407804 | 1018045 |
|  | Anjoy Foods Group Co. Ltd., Class A | 36099 | 379171 |
|  # | Anton Oilfield Services Group | 14658000 | 1811303 |
|  | Aotecar New Energy Technology Co. Ltd., Class A | 689700 | 270784 |
|  | APT Satellite Holdings Ltd. | 154000 | 38114 |
|  \* | Asia - Potash International Investment Guangzhou Co. Ltd., Class A | 180377 | 712600 |
|  | Asia Cement China Holdings Corp. | 2452000 | 716092 |
|  #W | AsiaInfo Technologies Ltd. | 997200 | 1203007 |
|  | Asymchem Laboratories Tianjin Co. Ltd., Class A | 78900 | 889418 |
|  | AviChina Industry & Technology Co. Ltd., Class H | 11376000 | 5235006 |
|  W | BAIC Motor Corp. Ltd., Class H | 7639000 | 1877824 |
|  \* | Baidu, Inc. (9888 HK), Class A | 100000 | 1102701 |
|  #\* | Baidu, Inc. (BIDU US), Sponsored ADR | 624224 | 54819352 |
|  #\*W | Bairong, Inc. | 176000 | 176569 |
|  | Baiyin Nonferrous Group Co. Ltd., Class A | 1350400 | 505073 |
|  | Bank of Beijing Co. Ltd., Class A | 4463822 | 3688443 |
|  | Bank of Changsha Co. Ltd., Class A | 1185900 | 1479441 |
|  | Bank of Chengdu Co. Ltd., Class A | 1372128 | 3209780 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Bank of China Ltd., Class H | 229349817 | $128062845 |
|  | Bank of Chongqing Co. Ltd., Class H | 2931500 | 2854183 |
|  # | Bank of Communications Co. Ltd., Class H | 27524574 | 24069104 |
|  | Bank of Guiyang Co. Ltd., Class A | 881151 | 700861 |
|  | Bank of Hangzhou Co. Ltd., Class A | 1852505 | 3752598 |
|  | Bank of Jiangsu Co. Ltd., Class A | 5223615 | 7312363 |
|  | Bank of Nanjing Co. Ltd., Class A | 3096531 | 4443627 |
|  | Bank of Ningbo Co. Ltd., Class A | 1885381 | 6209458 |
|  W | Bank of Qingdao Co. Ltd., Class H | 162500 | 77166 |
|  | Bank of Shanghai Co. Ltd., Class A | 3446447 | 4928482 |
|  | Bank of Suzhou Co. Ltd., Class A | 1125708 | 1246883 |
|  | Bank of Xi'an Co. Ltd., Class A | 705600 | 336454 |
|  | Baoshan Iron & Steel Co. Ltd., Class A | 5102177 | 4799539 |
|  \* | Baosheng Science & Technology Innovation Co. Ltd., Class A | 267558 | 164724 |
|  | Baoxiniao Holding Co. Ltd., Class A | 377300 | 198457 |
|  \* | Baoye Group Co. Ltd., Class H | 1363120 | 785476 |
|  | BBMG Corp., Class H | 9211000 | 831610 |
|  | Befar Group Co. Ltd., Class A | 628200 | 353455 |
|  | Beibuwan Port Co. Ltd., Class A | 443467 | 515251 |
|  | Beijing Capital Eco-Environment Protection Group Co. Ltd., Class A | 3199879 | 1392745 |
|  | Beijing Easpring Material Technology Co. Ltd., Class A | 123021 | 640774 |
|  | Beijing Energy International Holding Co. Ltd. | 418200 | 54482 |
|  | Beijing Enterprises Water Group Ltd. | 17402000 | 5496426 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Beijing Fengjing Automotive Parts Co. Ltd. | 124300 | $61450 |
|  | Beijing Gehua CATV Network Co. Ltd., Class A | 296700 | 294272 |
|  | Beijing GeoEnviron Engineering & Technology, Inc., Class A | 529928 | 394778 |
|  | Beijing Haohua Energy Resource Co. Ltd., Class A | 376064 | 374007 |
|  \* | Beijing Jetsen Technology Co. Ltd., Class A | 832100 | 605950 |
|  | Beijing New Building Materials PLC, Class A | 217710 | 839362 |
|  | Beijing North Star Co. Ltd., Class H | 1674000 | 148782 |
|  \* | Beijing Orient National Communication Science & Technology Co. Ltd., Class A | 154900 | 210148 |
|  | Beijing Originwater Technology Co. Ltd., Class A | 753163 | 459940 |
|  | Beijing Sanlian Hope Shin-Gosen Technical Service Co. Ltd., Class A | 49500 | 117307 |
|  | Beijing Sanyuan Foods Co. Ltd., Class A | 358600 | 215415 |
|  | Beijing Shougang Co. Ltd., Class A | 1336666 | 664090 |
|  \* | Beijing Shunxin Agriculture Co. Ltd., Class A | 104522 | 229223 |
|  | Beijing Sinnet Technology Co. Ltd., Class A | 377128 | 751563 |
|  | Beijing SL Pharmaceutical Co. Ltd., Class A | 228200 | 202108 |
|  | Beijing SPC Environment Protection Tech Co. Ltd., Class A | 371935 | 181111 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Beijing Strong Biotechnologies, Inc., Class A | 130700 | $251786 |
|  W | Beijing Urban Construction Design & Development Group Co. Ltd., Class H | 476000 | 84421 |
|  | Beijing Yanjing Brewery Co. Ltd., Class A | 556129 | 994695 |
|  | Beijing Zhong Ke San Huan High-Tech Co. Ltd., Class A | 247202 | 357030 |
|  | Beijing-Shanghai High Speed Railway Co. Ltd., Class A | 6614356 | 5285435 |
|  \* | Beiqi Foton Motor Co. Ltd., Class A | 1943402 | 701541 |
|  \* | Bengang Steel Plates Co. Ltd., Class A | 515700 | 265359 |
|  | Best Pacific International Holdings Ltd. | 396000 | 123644 |
|  | Bestore Co. Ltd., Class A | 36900 | 59914 |
|  | BGI Genomics Co. Ltd., Class A | 62700 | 416233 |
|  \* | Blue Sail Medical Co. Ltd., Class A | 206600 | 143556 |
|  | Bluestar Adisseo Co., Class A | 234900 | 310360 |
|  | BOE Technology Group Co. Ltd., Class A | 9480826 | 5014122 |
|  | BOE Varitronix Ltd. | 981000 | 689410 |
|  \* | Bohai Leasing Co. Ltd., Class A | 2050400 | 890769 |
|  # | Boyaa Interactive International Ltd. | 123000 | 71856 |
|  | Bright Dairy & Food Co. Ltd., Class A | 459705 | 522927 |
|  # | Brilliance China Automotive Holdings Ltd. | 16650000 | 5893270 |
|  | Bros Eastern Co. Ltd., Class A | 302700 | 206691 |
|  | B-Soft Co. Ltd., Class A | 298340 | 233990 |
|  | BTG Hotels Group Co. Ltd., Class A | 286313 | 564615 |
|  | By-health Co. Ltd., Class A | 136700 | 206999 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | C C Land Holdings Ltd. | 14255429 | $2372815 |
|  | C&D International Investment Group Ltd. | 2280996 | 4770524 |
|  | C&S Paper Co. Ltd., Class A | 333000 | 302649 |
|  | Caitong Securities Co. Ltd., Class A | 931110 | 935502 |
|  | Camel Group Co. Ltd., Class A | 362820 | 419513 |
|  | Cangzhou Mingzhu Plastic Co. Ltd., Class A | 540301 | 256918 |
|  | Canmax Technologies Co. Ltd., Class A | 227716 | 558906 |
|  | Canny Elevator Co. Ltd., Class A | 197400 | 196952 |
|  | CCCC Design & Consulting Group Co. Ltd., Class A | 310900 | 333490 |
|  | CECEP Solar Energy Co. Ltd., Class A | 1209600 | 718670 |
|  | CECEP Wind-Power Corp., Class A | 2054970 | 812352 |
|  | Central China Land Media Co. Ltd., Class A | 248100 | 423626 |
|  \*†† | Central China Management Co. Ltd. | 7334350 | 18914 |
|  | CGN New Energy Holdings Co. Ltd. | 6484000 | 1905659 |
|  \* | CGN Nuclear Technology Development Co. Ltd., Class A | 100400 | 96690 |
|  | Changchun Faway Automobile Components Co. Ltd., Class A | 207620 | 269134 |
|  | Changchun High-Tech Industry Group Co. Ltd., Class A | 80900 | 979630 |
|  | Changhong Meiling Co. Ltd., Class A | 110200 | 113800 |
|  | Changjiang & Jinggong Steel Building Group Co. Ltd., Class A | 389800 | 170763 |
|  | Changjiang Publishing & Media Co. Ltd., Class A | 177300 | 233598 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Changjiang Securities Co. Ltd., Class A | 1076490 | $951537 |
|  \* | ChangYuan Technology Group Ltd., Class A | 84700 | 40243 |
|  | Chaoju Eye Care Holdings Ltd. | 61500 | 21205 |
|  | Chaowei Power Holdings Ltd. | 2400000 | 411053 |
|  | Chengdu Fusen Noble-House Industrial Co. Ltd., Class A | 108800 | 196836 |
|  | Chengdu Hongqi Chain Co. Ltd., Class A | 482110 | 377627 |
|  | Chengdu Kanghong Pharmaceutical Group Co. Ltd., Class A | 83100 | 319399 |
|  | Chengdu Wintrue Holding Co. Ltd., Class A | 373000 | 427368 |
|  | Chenguang Biotech Group Co. Ltd., Class A | 82100 | 121906 |
|  \* | Chengxin Lithium Group Co. Ltd., Class A | 201500 | 310975 |
|  | Chengzhi Co. Ltd., Class A | 345111 | 358969 |
|  | China Aircraft Leasing Group Holdings Ltd. | 122000 | 64654 |
|  | China Animal Husbandry Industry Co. Ltd., Class A | 255800 | 234982 |
|  | China BlueChemical Ltd., Class H | 8238878 | 2005923 |
|  \*W | China Bohai Bank Co. Ltd., Class H | 1685000 | 197825 |
|  | China CAMC Engineering Co. Ltd., Class A | 266600 | 290912 |
|  # | China Chunlai Education Group Co. Ltd. | 34000 | 18441 |
|  | China CITIC Bank Corp. Ltd., Class H | 28158112 | 22270988 |
|  \*W | China CITIC Financial Asset Management Co. Ltd., Class H | 13950000 | 1318339 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  # | China Coal Energy Co. Ltd., Class H | 10409000 | $10754672 |
|  | China Coal Xinji Energy Co. Ltd., Class A | 37600 | 34635 |
|  | China Communications Services Corp. Ltd., Class H | 11677071 | 6081419 |
|  | China Conch Environment Protection Holdings Ltd. | 1265000 | 87438 |
|  | China Conch Venture Holdings Ltd. | 3532000 | 3625136 |
|  | China Construction Bank Corp., Class H | 338898101 | 278380346 |
|  | China CYTS Tours Holding Co. Ltd., Class A | 193700 | 259247 |
|  | China Design Group Co. Ltd., Class A | 123100 | 126675 |
|  W | China Development Bank Financial Leasing Co. Ltd., Class H | 2450000 | 375497 |
|  \* | China Eastern Airlines Corp. Ltd., Class H | 502000 | 149442 |
|  # | China Education Group Holdings Ltd. | 626709 | 196910 |
|  | China Electronics Huada Technology Co. Ltd. | 350000 | 62650 |
|  | China Electronics Optics Valley Union Holding Co. Ltd. | 3112000 | 78618 |
|  | China Energy Engineering Corp. Ltd. (3996 HK), Class H | 4398000 | 560102 |
|  | China Energy Engineering Corp. Ltd. (601868 C1), Class A | 6490514 | 1965295 |
|  | China Everbright Bank Co. Ltd., Class H | 8476000 | 3680457 |
|  W | China Feihe Ltd. | 7536000 | 5694921 |
|  \* | China First Heavy Industries Co. Ltd., Class A | 510700 | 181446 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | China Foods Ltd. | 2876000 | $1149354 |
|  # | China Galaxy Securities Co. Ltd., Class H | 5073000 | 4608470 |
|  | China Gas Holdings Ltd. | 10186131 | 9209619 |
|  \* | China Glass Holdings Ltd. | 1092000 | 33466 |
|  | China Great Wall Securities Co. Ltd., Class A | 427300 | 454775 |
|  | China Green Electricity Investment of Tianjin Co. Ltd., Class A | 451200 | 532455 |
|  | China Hanking Holdings Ltd. | 611000 | 86329 |
|  | China Harmony Auto Holding Ltd. | 3323500 | 271903 |
|  \* | China High Speed Transmission Equipment Group Co. Ltd. | 1172000 | 125337 |
|  | China Hongqiao Group Ltd. | 9504000 | 17059817 |
|  | China International Marine Containers Group Co. Ltd., Class H | 4529220 | 2845240 |
|  | China Jushi Co. Ltd., Class A | 1274241 | 2056574 |
|  | China Kepei Education Group Ltd. | 1432000 | 244115 |
|  | China Lesso Group Holdings Ltd. | 4702000 | 2503273 |
|  | China Lilang Ltd. | 1786000 | 859868 |
|  \*W | China Literature Ltd. | 1380800 | 4794771 |
|  \* | China Longevity Group Co. Ltd. | 1152649 | 1486 |
|  | China Medical System Holdings Ltd. | 5063000 | 5403943 |
|  | China Meheco Group Co. Ltd., Class A | 425320 | 593852 |
|  # | China Meidong Auto Holdings Ltd. | 1952000 | 522610 |
|  | China Mengniu Dairy Co. Ltd. | 10617000 | 26443239 |
|  | China Merchants Bank Co. Ltd., Class H | 8431500 | 45990806 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | China Merchants Expressway Network & Technology Holdings Co. Ltd., Class A | 477400 | $843601 |
|  | China Merchants Property Operation & Service Co. Ltd., Class A | 255600 | 415042 |
|  | China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A | 1390510 | 1752170 |
|  #\*†† | China Metal Recycling Holdings Ltd. | 3259800 | 0 |
|  | China Minsheng Banking Corp. Ltd., Class H | 17288900 | 8112978 |
|  # | China Modern Dairy Holdings Ltd. | 6567000 | 863266 |
|  | China National Accord Medicines Corp. Ltd., Class A | 161707 | 546291 |
|  # | China National Building Material Co. Ltd., Class H | 10015888 | 4856661 |
|  | China National Chemical Engineering Co. Ltd., Class A | 1518600 | 1578492 |
|  | China National Gold Group Gold Jewellery Co. Ltd., Class A | 240000 | 271681 |
|  | China National Medicines Corp. Ltd., Class A | 230000 | 918079 |
|  | China National Nuclear Power Co. Ltd., Class A | 2594543 | 3298629 |
|  W | China New Higher Education Group Ltd. | 3209590 | 347860 |
|  \* | China Nonferrous Metal Industry's Foreign Engineering & Construction Co. Ltd., Class A | 486800 | 310074 |
|  \* | China Oil & Gas Group Ltd. | 18080000 | 318195 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | China Oilfield Services Ltd., Class H | 6418000 | $5018944 |
|  | China Oriental Group Co. Ltd. | 2604000 | 413686 |
|  | China Pacific Insurance Group Co. Ltd., Class H | 4691800 | 12765282 |
|  | China Petroleum & Chemical Corp., Class H | 91529575 | 46723219 |
|  | China Petroleum Engineering Corp., Class A | 296500 | 124945 |
|  | China Publishing & Media Co. Ltd., Class A | 339400 | 295519 |
|  | China Railway Group Ltd., Class H | 11658000 | 5016040 |
|  | China Railway Hi-tech Industry Co. Ltd., Class A | 553800 | 556517 |
|  | China Railway Materials Co. Ltd., Class A | 1060400 | 364747 |
|  W | China Railway Signal & Communication Corp. Ltd., Class H | 5703000 | 2293463 |
|  | China Railway Tielong Container Logistics Co. Ltd., Class A | 303900 | 235345 |
|  | China Reinsurance Group Corp., Class H | 5693000 | 660200 |
|  | China Resources Building Materials Technology Holdings Ltd. | 9124000 | 1924995 |
|  | China Resources Double Crane Pharmaceutical Co. Ltd., Class A | 347381 | 902765 |
|  | China Resources Gas Group Ltd. | 1378700 | 3851261 |
|  | China Resources Land Ltd. | 11585000 | 38978974 |
|  # | China Resources Medical Holdings Co. Ltd. | 3993500 | 1880008 |
|  # | China Risun Group Ltd. | 3584000 | 1157931 |
|  \* | China Sanjiang Fine Chemicals Co. Ltd. | 3501000 | 806805 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | China Shenhua Energy Co. Ltd., Class H | 7198000 | $27051138 |
|  | China Shineway Pharmaceutical Group Ltd. | 1731000 | 1615479 |
|  | China South Publishing & Media Group Co. Ltd., Class A | 602000 | 1180900 |
|  | China Starch Holdings Ltd. | 10090000 | 232552 |
|  | China State Construction Engineering Corp. Ltd., Class A | 12788706 | 9703752 |
|  | China State Construction International Holdings Ltd. | 934000 | 1376739 |
|  #\* | China Sunshine Paper Holdings Co. Ltd. | 2083000 | 526486 |
|  | China Tianying, Inc., Class A | 819900 | 476266 |
|  #W | China Tourism Group Duty Free Corp. Ltd. (1880 HK), Class H | 27700 | 187482 |
|  W | China Tower Corp. Ltd., Class H | 18125800 | 26254799 |
|  | China TransInfo Technology Co. Ltd., Class A | 218682 | 275765 |
|  | China Tungsten & Hightech Materials Co. Ltd., Class A | 150452 | 198049 |
|  \* | China Union Holdings Ltd., Class A | 386700 | 193818 |
|  \* | China Vanke Co. Ltd., Class H | 1125005 | 771221 |
|  | China West Construction Group Co. Ltd., Class A | 394200 | 308631 |
|  | China XD Electric Co. Ltd., Class A | 48300 | 41323 |
|  # | China Yongda Automobiles Services Holdings Ltd. | 4109500 | 1310139 |
|  \*W | China Youran Dairy Group Ltd. | 1656000 | 504964 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \*W | China Yuhua Education Corp. Ltd. | 470000 | $18171 |
|  | China Zhenhua Group Science & Technology Co. Ltd., Class A | 111500 | 787608 |
|  | China Zheshang Bank Co. Ltd., Class H | 4591800 | 1552463 |
|  | China-Singapore Suzhou Industrial Park Development Group Co. Ltd., Class A | 96800 | 97339 |
|  | Chinasoft International Ltd. | 8516000 | 5427774 |
|  | Chinese Universe Publishing & Media Group Co. Ltd., Class A | 298908 | 431951 |
|  | Chongqing Changan Automobile Co. Ltd., Class A | 1691009 | 2855968 |
|  | Chongqing Department Store Co. Ltd., Class A | 125084 | 546741 |
|  | Chongqing Fuling Zhacai Group Co. Ltd., Class A | 193800 | 349902 |
|  | Chongqing Machinery & Electric Co. Ltd., Class H | 1716000 | 204559 |
|  | Chongqing Port Co. Ltd., Class A | 184000 | 134553 |
|  | Chongqing Rural Commercial Bank Co. Ltd., Class H | 11276000 | 8657078 |
|  | Chongqing Sanfeng Environment Group Corp. Ltd., Class A | 543700 | 613516 |
|  | Chow Tai Seng Jewellery Co. Ltd., Class A | 99800 | 178921 |
|  | CIMC Enric Holdings Ltd. | 2746000 | 2153537 |
|  | Cisen Pharmaceutical Co. Ltd., Class A | 161500 | 298672 |
|  | CITIC Resources Holdings Ltd. | 11090000 | 507206 |
|  | CITIC Securities Co. Ltd., Class H | 90825 | 224477 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | City Development Environment Co. Ltd., Class A | 180900 | $335194 |
|  | CMST Development Co. Ltd., Class A | 759700 | 614333 |
|  \* | CNFinance Holdings Ltd., ADR | 174 | 132 |
|  | CNGR Advanced Material Co. Ltd., Class A | 187040 | 813026 |
|  | CNNC Hua Yuan Titanium Dioxide Co. Ltd., Class A | 714560 | 401782 |
|  | CNOOC Energy Technology & Services Ltd., Class A | 2122901 | 1160744 |
|  | CNSIG Inner Mongolia Chemical Industry Co. Ltd., Class A | 477577 | 461029 |
|  \* | COFCO Biotechnology Co. Ltd., Class A | 453000 | 341129 |
|  | COFCO Capital Holdings Co. Ltd., Class A | 162200 | 264983 |
|  #\* | COFCO Joycome Foods Ltd. | 10817000 | 2033140 |
|  | COFCO Sugar Holding Co. Ltd., Class A | 536600 | 686421 |
|  | Cofoe Medical Technology Co. Ltd., Class A | 40300 | 185814 |
|  \* | Comba Telecom Systems Holdings Ltd. | 1040000 | 196402 |
|  | Concord New Energy Group Ltd. | 35720000 | 2163309 |
|  | Consun Pharmaceutical Group Ltd. | 2111000 | 2514048 |
|  \* | Coolpad Group Ltd. | 12062079 | 26440 |
|  | COSCO SHIPPING Development Co. Ltd., Class H | 14452000 | 1636581 |
|  # | COSCO SHIPPING Energy Transportation Co. Ltd., Class H | 4010000 | 3180476 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  # | COSCO SHIPPING Holdings Co. Ltd., Class H | 13958500 | $21063869 |
|  | COSCO SHIPPING International Hong Kong Co. Ltd. | 3310000 | 2006970 |
|  | COSCO SHIPPING Ports Ltd. | 5731413 | 2966711 |
|  | COSCO SHIPPING Specialized Carriers Co. Ltd., Class A | 659500 | 533421 |
|  | CQ Pharmaceutical Holding Co. Ltd., Class A | 374900 | 250487 |
|  | CRRC Corp. Ltd., Class H | 3275000 | 2021165 |
|  | CSG Holding Co. Ltd., Class A | 632849 | 413068 |
|  | CSSC Science & Technology Co. Ltd., Class A | 110400 | 177190 |
|  | CTS International Logistics Corp. Ltd., Class A | 559470 | 472406 |
|  | Dajin Heavy Industry Co. Ltd., Class A | 65400 | 248462 |
|  | Dalian Huarui Heavy Industry Group Co. Ltd., Class A | 619671 | 511618 |
|  | Daqin Railway Co. Ltd., Class A | 3556661 | 3174279 |
|  | Dashang Co. Ltd., Class A | 126288 | 435437 |
|  | Dawnrays Pharmaceutical Holdings Ltd. | 684000 | 102108 |
|  | Deppon Logistics Co. Ltd., Class A | 193700 | 345722 |
|  \* | Dezhan Healthcare Co. Ltd., Class A | 555200 | 227162 |
|  | Dian Diagnostics Group Co. Ltd., Class A | 170700 | 329580 |
|  | Digital China Holdings Ltd. | 331000 | 105000 |
|  | Do-Fluoride New Materials Co. Ltd., Class A | 178200 | 285332 |
|  | Dongfang Electric Corp. Ltd., Class H | 859000 | 1172479 |
|  | DongFeng Automobile Co. Ltd., Class A | 132900 | 128578 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Dongguan Aohai Technology Co. Ltd., Class A | 74200 | $379663 |
|  | Dongguan Development Holdings Co. Ltd., Class A | 308200 | 436929 |
|  | Dongxing Securities Co. Ltd., Class A | 523100 | 722410 |
|  # | Dongyue Group Ltd. | 5627000 | 6640583 |
|  | Dynagreen Environmental Protection Group Co. Ltd., Class H | 750000 | 422278 |
|  | Easyhome New Retail Group Co. Ltd., Class A | 1224400 | 556228 |
|  # | E-Commodities Holdings Ltd. | 5880000 | 621129 |
|  | Edvantage Group Holdings Ltd. | 351596 | 63494 |
|  | EEKA Fashion Holdings Ltd. | 341500 | 328072 |
|  \*†† | Elion Energy Co. Ltd., Class A | 807498 | 32243 |
|  | ENN Natural Gas Co. Ltd., Class A | 219900 | 598387 |
|  | Era Co. Ltd., Class A | 302300 | 165729 |
|  | Essex Bio-technology Ltd. | 207000 | 120133 |
|  | Eternal Asia Supply Chain Management Ltd., Class A | 1008900 | 674157 |
|  | EVA Precision Industrial Holdings Ltd. | 4192000 | 407107 |
|  | Ever Sunshine Services Group Ltd. | 1470000 | 358465 |
|  W | Everbright Securities Co. Ltd., Class H | 282600 | 246396 |
|  | Fangda Carbon New Material Co. Ltd., Class A | 811294 | 515618 |
|  | Fangda Special Steel Technology Co. Ltd., Class A | 738170 | 452153 |
|  \* | Farasis Energy Gan Zhou Co. Ltd., Class A | 148721 | 249516 |
|  | FAW Jiefang Group Co. Ltd., Class A | 418452 | 414896 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | FAWER Automotive Parts Co. Ltd., Class A | 470012 | $379877 |
|  | Feilong Auto Components Co. Ltd.,<br>Class A | 150600 | 315403 |
|  | FESCO Group Co. Ltd., Class A | 43700 | 127006 |
|  | Fiberhome Telecommunication Technologies Co. Ltd., Class A | 238578 | 704155 |
|  \* | FIH Mobile Ltd. | 2806000 | 271514 |
|  | FinVolution Group, ADR | 488484 | 3863908 |
|  # | First Tractor Co. Ltd., Class H | 902000 | 704804 |
|  # | Flat Glass Group Co. Ltd., Class H | 350000 | 395539 |
|  | Foshan Electrical & Lighting Co. Ltd., Class A | 277200 | 230874 |
|  | Foshan Nationstar Optoelectronics Co. Ltd., Class A | 140400 | 165282 |
|  | Founder Securities Co. Ltd., Class A | 713607 | 732322 |
|  | Fu Shou Yuan International Group Ltd. | 1474000 | 668071 |
|  | Fufeng Group Ltd. | 8809000 | 7359455 |
|  | Fujian Funeng Co. Ltd., Class A | 644857 | 850954 |
|  | Fujian Star-net Communication Co. Ltd., Class A | 157171 | 419279 |
|  | Fujian Sunner Development Co. Ltd., Class A | 329998 | 729164 |
|  | Fushun Special Steel Co. Ltd., Class A | 306700 | 210877 |
|  #W | Ganfeng Lithium Group Co. Ltd., Class H | 515800 | 1257556 |
|  | Gansu Energy Chemical Co. Ltd., Class A | 1396600 | 452093 |
|  | Gansu Shangfeng Cement Co. Ltd.,<br>Class A | 334680 | 404824 |
|  | Gansu Yasheng Industrial Group Co. Ltd., Class A | 457800 | 178510 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | GCL Energy Technology Co. Ltd., Class A | 367800 | $363169 |
|  #\* | GCL Technology Holdings Ltd. | 28393000 | 2885725 |
|  \* | GDS Holdings Ltd. (9698 HK), Class A | 1979100 | 6277917 |
|  | Geely Automobile Holdings Ltd. | 22192000 | 46587694 |
|  | GEM Co. Ltd., Class A | 1230500 | 1037306 |
|  | Gemdale Corp., Class A | 913454 | 539207 |
|  | Gemdale Properties & Investment Corp. Ltd. | 21910000 | 687460 |
|  | GF Securities Co. Ltd., Class H | 2865000 | 3732034 |
|  | Giant Network Group Co. Ltd., Class A | 283200 | 565904 |
|  #\* | Global New Material International Holdings Ltd. | 44000 | 21773 |
|  \* | Glorious Property Holdings Ltd. | 11363000 | 14651 |
|  | GoerTek, Inc., Class A | 232031 | 678670 |
|  | Goldwind Science & Technology Co. Ltd., Class H | 2985800 | 2057392 |
|  \* | Goodbaby International Holdings Ltd. | 202000 | 28890 |
|  | Gotion High-tech Co. Ltd., Class A | 375583 | 1068057 |
|  | Grand Pharmaceutical Group Ltd. | 3827000 | 2932571 |
|  | Gree Electric Appliances, Inc. of Zhuhai, Class A | 576800 | 3619301 |
|  | Greentown China Holdings Ltd. | 5334591 | 6807379 |
|  #W | Greentown Management Holdings Co. Ltd. | 1128000 | 386634 |
|  | Greentown Service Group Co. Ltd. | 3278000 | 1868724 |
|  | Guangdong Construction Engineering Group Co. Ltd., Class A | 853800 | 407226 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Guangdong DFP New Material Group Co. Ltd. | 374896 | $206228 |
|  \* | Guangdong Dongfang Precision Science & Technology Co. Ltd., Class A | 601100 | 1072241 |
|  | Guangdong Dongpeng Holdings Co. Ltd., Class A | 369000 | 315533 |
|  | Guangdong Dowstone Technology Co. Ltd., Class A | 156300 | 301241 |
|  | Guangdong Ellington Electronics Technology Co. Ltd., Class A | 181000 | 217092 |
|  | Guangdong Fenghua Advanced Technology Holding Co. Ltd., Class A | 187700 | 339173 |
|  | Guangdong Goworld Co. Ltd., Class A | 105400 | 142921 |
|  \* | Guangdong Guanhao High-Tech Co. Ltd., Class A | 316200 | 131120 |
|  | Guangdong Hongtu Technology Holdings Co. Ltd., Class A | 290600 | 469246 |
|  | Guangdong Jia Yuan Technology Shares Co. Ltd., Class A | 105592 | 273626 |
|  | Guangdong Kinlong Hardware Products Co. Ltd., Class A | 48000 | 149852 |
|  | Guangdong Provincial Expressway Development Co. Ltd., Class A | 283660 | 547437 |
|  | Guangdong South New Media Co. Ltd., Class A | 21400 | 114809 |
|  | Guangdong Tapai Group Co. Ltd.,Class A | 353173 | 360036 |
|  | Guangdong Vanward New Electric Co. Ltd., Class A | 188418 | 291184 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Guangdong Xinbao Electrical Appliances Holdings Co. Ltd., Class A | 255935 | $487593 |
|  \* | Guangdong Zhongnan Iron & Steel Co. Ltd., Class A | 773600 | 261044 |
|  | Guanghui Energy Co. Ltd., Class A | 2091738 | 1668345 |
|  \* | Guanghui Logistics Co. Ltd., Class A | 331600 | 331672 |
|  # | Guangshen Railway Co. Ltd., Class H | 3306000 | 724391 |
|  | Guangxi Liugong Machinery Co. Ltd., Class A | 509240 | 697638 |
|  | Guangxi LiuYao Group Co. Ltd., Class A | 142183 | 331260 |
|  | Guangxi Wuzhou Zhongheng Group Co. Ltd., Class A | 603400 | 201889 |
|  # | Guangzhou Automobile Group Co. Ltd., Class H | 6296000 | 2225200 |
|  | Guangzhou Baiyun International Airport Co. Ltd., Class A | 633200 | 786731 |
|  # | Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class H | 636000 | 1388774 |
|  | Guangzhou Development Group, Inc., Class A | 54300 | 48214 |
|  | Guangzhou Great Power Energy & Technology Co. Ltd., Class A | 115600 | 365724 |
|  | Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A | 83500 | 334082 |
|  | Guangzhou Port Co. Ltd., Class A | 750600 | 323371 |
|  | Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A | 108200 | 500913 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Guangzhou Yuexiu Capital Holdings Group Co. Ltd., Class A | 852956 | $741462 |
|  | Guangzhou Zhujiang Brewery Co. Ltd., Class A | 166400 | 242480 |
|  | Guizhou Chanhen Chemical Corp., Class A | 73100 | 227496 |
|  | Guizhou Panjiang Refined Coal Co. Ltd., Class A | 470232 | 293964 |
|  | Guizhou Tyre Co. Ltd., Class A | 343800 | 206522 |
|  | Guizhou Xinbang Pharmaceutical Co. Ltd., Class A | 564000 | 265341 |
|  | Guoquan Food Shanghai Co. Ltd. | 126400 | 42157 |
|  | Guosen Securities Co. Ltd., Class A | 1108827 | 1659252 |
|  W | Guotai Haitong Securities Co. Ltd.,<br>Class H | 5654288 | 8058656 |
|  | Guoyuan Securities Co. Ltd., Class A | 868450 | 891611 |
|  | Haier Smart Home Co. Ltd. (600690 C1), Class A | 879896 | 3007567 |
|  | Haier Smart Home Co. Ltd. (6690 HK), Class H | 3202000 | 9292296 |
|  | Hailir Pesticides & Chemicals Group Co. Ltd., Class A | 20800 | 36942 |
|  #\* | Hainan Meilan International Airport Co. Ltd., Class H | 435000 | 537809 |
|  | Hainan Mining Co. Ltd., Class A | 221800 | 213821 |
|  | Haitian International Holdings Ltd. | 1714000 | 3970398 |
|  | Hangxiao Steel Structure Co. Ltd., Class A | 795322 | 275403 |
|  | Hangzhou Binjiang Real Estate Group Co. Ltd., Class A | 631700 | 902122 |
|  | Hangzhou GreatStar Industrial Co. Ltd. | 179700 | 576576 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Hangzhou Haoyue Personal Care Co. Ltd., Class A | 26300 | $212000 |
|  | Hangzhou Huawang New Material Technology Co. Ltd., Class A | 112776 | 170636 |
|  | Hangzhou Iron & Steel Co., Class A | 463000 | 698536 |
|  | Hangzhou Lion Microelectronics Co. Ltd., Class A | 28300 | 101378 |
|  | Hangzhou Robam Appliances Co. Ltd., Class A | 150000 | 404170 |
|  | Han's Laser Technology Industry Group Co. Ltd., Class A | 87314 | 278185 |
|  | Harbin Electric Co. Ltd., Class H | 3381474 | 2084318 |
|  | Harbin Electric Corp. Jiamusi Electric Machine Co. Ltd., Class A | 94403 | 132594 |
|  \* | Harbin Pharmaceutical Group Co. Ltd., Class A | 510700 | 253119 |
|  | HBIS Resources Co. Ltd., Class A | 193700 | 345931 |
|  | Health & Happiness H&H International Holdings Ltd. | 719000 | 818561 |
|  | Hefei Urban Construction Development Co. Ltd., Class A | 230529 | 202630 |
|  | HeiLongJiang ZBD Pharmaceutical Co. Ltd., Class A | 101600 | 150084 |
|  | Hello Group, Inc., Sponsored ADR | 637815 | 3641924 |
|  | Henan Liliang Diamond Co. Ltd., Class A | 68100 | 256994 |
|  | Henan Mingtai Al Industrial Co. Ltd., Class A | 313400 | 518590 |
|  | Henan Shenhuo Coal Industry & Electricity Power Co. Ltd., Class A | 456300 | 1070341 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Henan Thinker Automatic Equipment Co. Ltd., Class A | 8300 | $29499 |
|  | Henan Yuguang Gold & Lead Co. Ltd., Class A | 346705 | 329706 |
|  \* | Henan Zhongfu Industry Co. Ltd., Class A | 698800 | 378486 |
|  | Henan Zhongyuan Expressway Co. Ltd., Class A | 411600 | 257698 |
|  | Hengan International Group Co. Ltd. | 2069500 | 5579508 |
|  \* | Hengdeli Holdings Ltd. | 7259910 | 89952 |
|  | Hengli Petrochemical Co. Ltd., Class A | 1682874 | 3542184 |
|  | Hengtong Optic-electric Co. Ltd., Class A | 654008 | 1390123 |
|  | Hengyi Petrochemical Co. Ltd., Class A | 856541 | 718214 |
|  | Hesteel Co. Ltd., Class A | 3173600 | 948372 |
|  | Hisense Visual Technology Co. Ltd., Class A | 381600 | 1252217 |
|  | Hitevision Co. Ltd., Class A | 59800 | 196417 |
|  | HLA Group Corp. Ltd., Class A | 1438000 | 1643612 |
|  \* | HNA Technology Co. Ltd., Class A | 637300 | 245545 |
|  | Hongli Zhihui Group Co. Ltd., Class A | 129300 | 110352 |
|  \* | Hopson Development Holdings Ltd. | 5139908 | 1924090 |
|  | Horizon Construction Development Ltd. | 1905554 | 272029 |
|  | Hoshine Silicon Industry Co. Ltd., Class A | 130800 | 919567 |
|  | Huaan Securities Co. Ltd., Class A | 147800 | 112469 |
|  | Huabao Flavours & Fragrances Co. Ltd., Class A | 78204 | 172708 |
|  | Huadian Heavy Industries Co. Ltd., Class A | 74300 | 61427 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Huafon Chemical Co. Ltd., Class A | 1469848 | $1354528 |
|  \* | Huafon Microfibre Shanghai Technology Co. Ltd., Class A | 343308 | 342617 |
|  | Huafu Fashion Co. Ltd., Class A | 454700 | 387911 |
|  | Huaibei Mining Holdings Co. Ltd., Class A | 856600 | 1398997 |
|  | Huaihe Energy Group Co. Ltd., Class A | 1163100 | 555777 |
|  | Huangshan Tourism Development Co. Ltd., Class A | 137300 | 224022 |
|  | Huapont Life Sciences Co. Ltd., Class A | 604400 | 338018 |
|  W | Huatai Securities Co. Ltd., Class H | 3617800 | 5361586 |
|  | Huaxi Securities Co. Ltd., Class A | 534955 | 592237 |
|  | Huaxia Bank Co. Ltd., Class A | 4023487 | 4030347 |
|  | Huaxin Cement Co. Ltd. (600801 C1), Class A | 589528 | 975757 |
|  | Huaxin Cement Co. Ltd. (6655 HK), Class H | 129000 | 150088 |
|  | Huayu Automotive Systems Co. Ltd., Class A | 981945 | 2410369 |
|  \* | Hubei Biocause Pharmaceutical Co. Ltd., Class A | 836300 | 313708 |
|  | Hubei Chutian Smart Communication Co. Ltd., Class A | 312700 | 190590 |
|  | Hubei Jumpcan Pharmaceutical Co. Ltd., Class A | 137294 | 497106 |
|  | Hubei Xingfa Chemicals Group Co. Ltd., Class A | 371800 | 1045561 |
|  | Hubei Yihua Chemical Industry Co. Ltd., Class A | 147846 | 221797 |
|  | Hubei Zhenhua Chemical Co. Ltd., Class A | 109600 | 337610 |
|  | Huishang Bank Corp. Ltd., Class H | 810900 | 304502 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Humanwell Healthcare Group Co. Ltd., Class A | 366000 | $1051031 |
|  | Hunan TV & Broadcast Intermediary Co. Ltd., Class A | 441400 | 438661 |
|  | Hunan Valin Steel Co. Ltd., Class A | 2373580 | 1596276 |
|  | Hunan Zhongke Electric Co. Ltd., Class A | 135900 | 282939 |
|  \*W | Hygeia Healthcare Holdings Co. Ltd. | 580600 | 1046902 |
|  \* | HyUnion Holding Co. Ltd., Class A | 195300 | 187122 |
|  | IKD Co. Ltd., Class A | 225000 | 515277 |
|  \*W | IMAX China Holding, Inc. | 76600 | 63813 |
|  | Industrial & Commercial Bank of China Ltd., Class H | 180841996 | 123878819 |
|  | Industrial Bank Co. Ltd., Class A | 6143453 | 17668049 |
|  | Industrial Securities Co. Ltd., Class A | 1396592 | 1112807 |
|  | Infore Environment Technology Group Co. Ltd., Class A | 739856 | 608496 |
|  \*W | Ingdan, Inc. | 1339000 | 209767 |
|  | Inkeverse Group Ltd. | 1876000 | 352122 |
|  \* | Inner Mongolia BaoTou Steel Union Co. Ltd., Class A | 8308700 | 1977979 |
|  | Inner Mongolia Dian Tou Energy Corp. Ltd., Class A | 824337 | 2025991 |
|  | Inner Mongolia ERDOS Resources Co. Ltd., Class A | 338268 | 423338 |
|  | Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd., Class A | 2635451 | 1963985 |
|  | Inner Mongolia Yuan Xing Energy Co. Ltd., Class A | 755550 | 533739 |
|  | Intco Medical Technology Co. Ltd., Class A | 140073 | 429229 |
|  #\* | iQIYI, Inc., ADR | 1808670 | 3327953 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | IRICO Display Devices Co. Ltd., Class A | 625900 | $577184 |
|  \* | J&T Global Express Ltd. | 963000 | 748137 |
|  | JA Solar Technology Co. Ltd., Class A | 737600 | 970187 |
|  | Jade Bird Fire Co. Ltd., Class A | 185700 | 283623 |
|  | Jangho Group Co. Ltd., Class A | 536100 | 393063 |
|  | JCET Group Co. Ltd., Class A | 498346 | 2295692 |
|  \*W | JD Health International, Inc. | 1973050 | 9362515 |
|  \*W | JD Logistics, Inc. | 5176600 | 8119042 |
|  | JD.com, Inc. (9618 HK), Class A | 5767300 | 93899860 |
|  | Jiang Su Suyan Jingshen Co. Ltd., Class A | 228600 | 301043 |
|  | Jiangling Motors Corp. Ltd., Class A | 245529 | 636227 |
|  | Jiangsu Asia-Pacific Light Alloy Technology Co. Ltd., Class A | 366000 | 290780 |
|  | Jiangsu Azure Corp., Class A | 282600 | 494660 |
|  | Jiangsu Broadcasting Cable Information Network Corp. Ltd., Class A | 615000 | 280469 |
|  | Jiangsu Changshu Automotive Trim Group Co. Ltd., Class A | 88000 | 157060 |
|  | Jiangsu Changshu Rural Commercial Bank Co. Ltd., Class A | 966408 | 966960 |
|  | Jiangsu Dingsheng New Energy Materials Co. Ltd., Class A | 213360 | 252993 |
|  | Jiangsu Eastern Shenghong Co. Ltd., Class A | 860157 | 1042586 |
|  | Jiangsu General Science Technology Co. Ltd., Class A | 425300 | 266522 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jiangsu Guomao Reducer Co. Ltd., Class A | 153506 | $333918 |
|  | Jiangsu Guotai International Group Co. Ltd., Class A | 555480 | 547619 |
|  | Jiangsu Huachang Chemical Co. Ltd., Class A | 269000 | 258629 |
|  | Jiangsu Jiangyin Rural Commercial Bank Co. Ltd., Class A | 655220 | 374281 |
|  | Jiangsu Kanion Pharmaceutical Co. Ltd., Class A | 104500 | 182110 |
|  | Jiangsu Linyang Energy Co. Ltd., Class A | 569400 | 434148 |
|  | Jiangsu Phoenix Publishing & Media Corp. Ltd., Class A | 244100 | 394744 |
|  | Jiangsu Shagang Co. Ltd., Class A | 629500 | 508882 |
|  | Jiangsu Shentong Valve Co. Ltd., Class A | 78700 | 117448 |
|  \* | Jiangsu Sopo Chemical Co., Class A | 193129 | 218892 |
|  | Jiangsu Suzhou Rural Commercial Bank Co. Ltd., Class A | 544400 | 393209 |
|  | Jiangsu Zhangjiagang Rural Commercial Bank Co. Ltd., Class A | 724458 | 419191 |
|  | Jiangsu Zhongtian Technology Co. Ltd., Class A | 703700 | 1351642 |
|  | Jiangsu Zijin Rural Commercial Bank Co. Ltd., Class A | 886200 | 329677 |
|  | Jiangxi Copper Co. Ltd., Class H | 3639000 | 6114595 |
|  | Jiangxi Ganyue Expressway Co. Ltd., Class A | 597800 | 423191 |
|  | Jiaozuo Wanfang Aluminum Manufacturing Co. Ltd., Class A | 344000 | 318513 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jihua Group Corp. Ltd., Class A | 516900 | $183730 |
|  | Jilin Aodong Pharmaceutical Group Co. Ltd., Class A | 242056 | 532794 |
|  \* | Jilin Chemical Fibre, Class A | 597800 | 298132 |
|  # | Jinchuan Group International Resources Co. Ltd. | 1899000 | 156707 |
|  | Jinduicheng Molybdenum Co. Ltd., Class A | 144100 | 194678 |
|  # | JinkoSolar Holding Co. Ltd., ADR | 146666 | 2516789 |
|  | Jinlei Technology Co. Ltd., Class A | 75500 | 204898 |
|  | Jinneng Holding Shanxi Coal Industry Co. Ltd., Class A | 670614 | 1022682 |
|  | Jinneng Science&Technology Co. Ltd., Class A | 299933 | 257139 |
|  #W | Jinxin Fertility Group Ltd. | 7884000 | 2948547 |
|  | Jinyu Bio-Technology Co. Ltd.,<br>Class A | 226200 | 211704 |
|  W | Jiumaojiu International Holdings Ltd. | 685000 | 222204 |
|  | Jizhong Energy Resources Co. Ltd., Class A | 1186400 | 1019606 |
|  | Joincare Pharmaceutical Group Industry Co. Ltd., Class A | 592316 | 864643 |
|  | Jointown Pharmaceutical Group Co. Ltd., Class A | 1198723 | 892999 |
|  | Joy City Property Ltd. | 20080000 | 538685 |
|  | JS Corrugating Machinery Co. Ltd.,<br>Class A | 176100 | 259488 |
|  #\*W | JS Global Lifestyle Co. Ltd. | 1056500 | 245065 |
|  | JSTI Group, Class A | 398875 | 483311 |
|  \* | Ju Teng International Holdings Ltd. | 4494249 | 790763 |
|  | Juewei Food Co. Ltd., Class A | 116500 | 254463 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Jutal Offshore Oil Services Ltd. | 590000 | $49361 |
|  | Kailuan Energy Chemical Co. Ltd., Class A | 230700 | 191852 |
|  | Kaishan Group Co. Ltd., Class A | 234700 | 282195 |
|  | Keda Industrial Group Co. Ltd., Class A | 368200 | 459569 |
|  | Keeson Technology Corp. Ltd., Class A | 14200 | 20022 |
|  | Kinetic Development Group Ltd. | 3424000 | 520341 |
|  | Kingboard Holdings Ltd. | 2877345 | 7729781 |
|  # | Kingboard Laminates Holdings Ltd. | 2278000 | 2378356 |
|  | Kingfa Sci & Tech Co. Ltd., Class A | 602400 | 910455 |
|  | KPC Pharmaceuticals, Inc., Class A | 164500 | 346590 |
|  | Kuaijishan Shaoxing Wine Co. Ltd., Class A | 120000 | 245841 |
|  | Kuangda Technology Group Co. Ltd., Class A | 202300 | 140179 |
|  | Kunlun Energy Co. Ltd. | 19424000 | 18514471 |
|  \* | KWG Living Group Holdings Ltd. | 282250 | 11803 |
|  | Lao Feng Xiang Co. Ltd., Class A | 127454 | 842317 |
|  | Laobaixing Pharmacy Chain JSC, Class A | 176220 | 487713 |
|  | LB Group Co. Ltd., Class A | 443033 | 1012095 |
|  | Lee & Man Chemical Co. Ltd. | 254000 | 114457 |
|  # | Lee & Man Paper Manufacturing Ltd. | 5553000 | 1492245 |
|  | Lee's Pharmaceutical Holdings Ltd. | 930000 | 159474 |
|  \*W | Legend Holdings Corp., Class H | 2478000 | 2459876 |
|  | Lens Technology Co. Ltd., Class A | 946961 | 2724015 |
|  | Leo Group Co. Ltd., Class A | 1478500 | 759139 |
|  | Lepu Medical Technology Beijing Co. Ltd., Class A | 311600 | 481326 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | LexinFintech Holdings Ltd., ADR | 392955 | $3084697 |
|  | Leyard Optoelectronic Co. Ltd., Class A | 543600 | 460480 |
|  | Li Ning Co. Ltd. | 9221500 | 17385645 |
|  | Lianhe Chemical Technology Co. Ltd., Class A | 280000 | 243849 |
|  | Liaoning Cheng Da Co. Ltd., Class A | 202900 | 279222 |
|  \* | Lier Chemical Co. Ltd., Class A | 264760 | 372094 |
|  | Lijiang Yulong Tourism Co. Ltd., Class A | 136600 | 167161 |
|  \* | Liuzhou Iron & Steel Co. Ltd., Class A | 414300 | 183899 |
|  # | Livzon Pharmaceutical Group, Inc., Class H | 189000 | 626815 |
|  | Lizhong Sitong Light Alloys Group Co. Ltd., Class A | 144100 | 328313 |
|  # | LK Technology Holdings Ltd. | 1255000 | 450971 |
|  | Loncin Motor Co. Ltd., Class A | 425100 | 729185 |
|  W | Longfor Group Holdings Ltd. | 5726000 | 7658938 |
|  | LONGi Green Energy Technology Co. Ltd., Class A | 1187300 | 2403992 |
|  | Longshine Technology Group Co. Ltd., Class A | 153100 | 296384 |
|  | Lonking Holdings Ltd. | 11218000 | 2824718 |
|  | Lucky Harvest Co. Ltd., Class A | 57405 | 427066 |
|  | Luenmei Quantum Co. Ltd., Class A | 435103 | 351653 |
|  | Luoyang Xinqianglian Slewing Bearing Co. Ltd., Class A | 46500 | 183514 |
|  | Luxi Chemical Group Co. Ltd., Class A | 640300 | 942044 |
|  #\*W | Luye Pharma Group Ltd. | 8957500 | 2325624 |
|  #\* | Maanshan Iron & Steel Co. Ltd., Class H | 2330000 | 492048 |
|  | Maccura Biotechnology Co. Ltd., Class A | 183900 | 288105 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Mango Excellent Media Co. Ltd., Class A | 352394 | $1103677 |
|  #\*W | Maoyan Entertainment | 1692800 | 1487424 |
|  | Meihua Holdings Group Co. Ltd., Class A | 578700 | 873223 |
|  | Mesnac Co. Ltd., Class A | 209900 | 225764 |
|  | Metallurgical Corp. of China Ltd., Class H | 8101000 | 1531761 |
|  | M-Grass Ecology & Environment Group Co. Ltd., Class A | 369600 | 212875 |
|  #W | Midea Real Estate Holding Ltd. | 623600 | 323629 |
|  | Milkyway Intelligent Supply Chain Service Group Co. Ltd., Class A | 26477 | 176121 |
|  | Ming Yang Smart Energy Group Ltd.,<br>Class A | 459600 | 646310 |
|  \* | Mingfa Group International Co. Ltd. | 608000 | 8585 |
|  | Minmetals Capital Co. Ltd., Class A | 319500 | 228436 |
|  \* | Minmetals Development Co. Ltd., Class A | 144100 | 142174 |
|  \* | Minmetals Land Ltd. | 3195205 | 172832 |
|  \* | Minth Group Ltd. | 3244000 | 7748679 |
|  | MLS Co. Ltd., Class A | 477862 | 519608 |
|  | Moon Environment Technology Co. Ltd., Class A | 254400 | 403307 |
|  | MYS Group Co. Ltd., Class A | 393300 | 188868 |
|  | Nanjing Hanrui Cobalt Co. Ltd., Class A | 51500 | 224699 |
|  | Nanjing Iron & Steel Co. Ltd., Class A | 1634600 | 972278 |
|  | Nanjing Pharmaceutical Co. Ltd., Class A | 154500 | 110890 |
|  \* | Nanjing Tanker Corp., Class A | 1203000 | 442109 |
|  | Nanjing Xinjiekou Department Store Co. Ltd., Class A | 418400 | 365957 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | NetDragon Websoft Holdings Ltd. | 1160500 | $1481013 |
|  | Neusoft Corp., Class A | 147700 | 204828 |
|  | New China Life Insurance Co. Ltd., Class H | 804500 | 2937962 |
|  \* | New Hope Liuhe Co. Ltd., Class A | 386400 | 510575 |
|  | Nexteer Automotive Group Ltd. | 3634000 | 2435995 |
|  #\* | Nine Dragons Paper Holdings Ltd. | 6896000 | 2530863 |
|  | Ningbo Boway Alloy Material Co. Ltd., Class A | 167200 | 400625 |
|  | Ningbo Huaxiang Electronic Co. Ltd., Class A | 278655 | 641383 |
|  | Ningbo Jintian Copper Group Co. Ltd.,<br>Class A | 420900 | 386462 |
|  | Ningbo Joyson Electronic Corp., Class A | 430241 | 974911 |
|  | Ningbo Peacebird Fashion Co. Ltd., Class A | 93500 | 204276 |
|  | Ningbo Ronbay New Energy Technology Co. Ltd., Class A | 182246 | 503197 |
|  | Ningbo Shanshan Co. Ltd., Class A | 310000 | 299565 |
|  | Ningbo Xusheng Group Co. Ltd., Class A | 143400 | 255166 |
|  | Ningbo Yunsheng Co. Ltd., Class A | 300284 | 308666 |
|  | Ningbo Zhoushan Port Co. Ltd., Class A | 1357400 | 664882 |
|  | Ningxia Building Materials Group Co. Ltd., Class A | 101900 | 180598 |
|  \* | Ningxia Western Venture Industrial Co. Ltd., Class A | 212900 | 151420 |
|  | NKY Medical Holdings Ltd., Class A | 104800 | 214213 |
|  | Noah Holdings Ltd., Sponsored ADR | 76743 | 705268 |
|  | Norinco International Cooperation Ltd.,<br>Class A | 221500 | 312628 |

---

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**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | North China Pharmaceutical Co. Ltd., Class A | 282900 | $235256 |
|  | North Huajin Chemical Industries Co. Ltd., Class A | 431619 | 313993 |
|  | North Industries Group Red Arrow Co. Ltd., Class A | 157300 | 365175 |
|  | Northeast Pharmaceutical Group Co. Ltd., Class A | 454424 | 321447 |
|  | Northeast Securities Co. Ltd., Class A | 507400 | 529178 |
|  \* | Nuode New Materials Co. Ltd., Class A | 670950 | 282432 |
|  | Offshore Oil Engineering Co. Ltd., Class A | 1189601 | 869961 |
|  # | Onewo, Inc., Class H | 488300 | 1347475 |
|  | Oppein Home Group, Inc., Class A | 100410 | 914633 |
|  | Opple Lighting Co. Ltd., Class A | 97400 | 226408 |
|  | ORG Technology Co. Ltd., Class A | 823720 | 606064 |
|  | Orient International Enterprise Ltd., Class A | 231000 | 237080 |
|  | Orient Overseas International Ltd. | 390000 | 5447704 |
|  #W | Orient Securities Co. Ltd., Class H | 933200 | 549607 |
|  \* | Oriental Energy Co. Ltd., Class A | 447680 | 504251 |
|  | Oriental Pearl Group Co. Ltd., Class A | 676760 | 687377 |
|  | Pacific Shuanglin Bio-pharmacy Co. Ltd., Class A | 47800 | 144252 |
|  \* | Pangang Group Vanadium Titanium & Resources Co. Ltd., Class A | 1081600 | 379699 |
|  | PCI Technology Group Co. Ltd., Class A | 72600 | 51830 |
|  \* | Pengxin International Mining Co. Ltd., Class A | 578905 | 383819 |
|  | People's Insurance Co. Group of China Ltd., Class H | 20581000 | 12180167 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | PetroChina Co. Ltd., Class H | 90670000 | $69284396 |
|  | PICC Property & Casualty Co. Ltd., Class H | 9077000 | 16714745 |
|  | Ping An Bank Co. Ltd., Class A | 5473913 | 8229479 |
|  # | Ping An Insurance Group Co. of China Ltd., Class H | 19281000 | 115397402 |
|  | Pingdingshan Tianan Coal Mining Co. Ltd., Class A | 950203 | 1075341 |
|  \* | Polaris Bay Group Co. Ltd., Class A | 338000 | 295466 |
|  | Poly Property Services Co. Ltd., Class H | 240000 | 952975 |
|  | Pony Testing International Group Co. Ltd., Class A | 82000 | 76687 |
|  | Porton Pharma Solutions Ltd., Class A | 107900 | 223633 |
|  W | Postal Savings Bank of China Co. Ltd., Class H | 30135000 | 18526451 |
|  | Pou Sheng International Holdings Ltd. | 8554000 | 523945 |
|  | Power Construction Corp. of China Ltd., Class A | 4101720 | 2666849 |
|  | Prinx Chengshan Holdings Ltd. | 214000 | 215298 |
|  | PW Medtech Group Ltd. | 1439000 | 189796 |
|  \* | Q Technology Group Co. Ltd. | 440000 | 369053 |
|  \* | Qi An Xin Technology Group, Inc., Class A | 50335 | 214360 |
|  | Qifu Technology, Inc., ADR | 1096 | 44969 |
|  | Qingdao Citymedia Co. Ltd., Class A | 113300 | 102426 |
|  | Qingdao East Steel Tower Stock Co. Ltd., Class A | 370700 | 388007 |
|  | Qingdao Gaoce Technology Co. Ltd., Class A | 159623 | 190897 |

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**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Qingdao Gon Technology Co. Ltd., Class A | 68735 | $237557 |
|  | Qingdao Hanhe Cable Co. Ltd.,<br>Class A | 908000 | 399081 |
|  W | Qingdao Port International Co. Ltd., Class H | 1016000 | 734442 |
|  | Qingdao Rural Commercial Bank Corp., Class A | 1139700 | 491627 |
|  | Qingdao Sentury Tire Co. Ltd., Class A | 249340 | 634938 |
|  \* | Qingling Motors Co. Ltd., Class H | 1402000 | 83867 |
|  | Qinhuangdao Port Co. Ltd., Class H | 1317500 | 364708 |
|  \* | Qudian, Inc., Sponsored ADR | 157205 | 427598 |
|  | Rainbow Digital Commercial Co. Ltd., Class A | 392676 | 288671 |
|  \*W | Redco Properties Group Ltd. | 3306000 | 43448 |
|  | Renhe Pharmacy Co. Ltd., Class A | 469900 | 348142 |
|  | Rianlon Corp., Class A | 58219 | 225047 |
|  | Risen Energy Co. Ltd., Class A | 254100 | 309790 |
|  \* | RiseSun Real Estate Development Co. Ltd., Class A | 183500 | 35296 |
|  | Riyue Heavy Industry Co. Ltd., Class A | 226809 | 371923 |
|  | Rizhao Port Co. Ltd., Class A | 691400 | 285835 |
|  | Rongsheng Petrochemical Co. Ltd.,<br>Class A | 104700 | 120056 |
|  \* | Roshow Technology Co. Ltd., Class A | 396100 | 389430 |
|  | Runjian Co. Ltd., Class A | 53400 | 368451 |
|  | SAIC Motor Corp. Ltd., Class A | 1204773 | 2697850 |
|  | Sanan Optoelectronics Co. Ltd.,<br>Class A | 655700 | 1109650 |
|  \* | Sansteel Minguang Co. Ltd. Fujian, Class A | 826680 | 429394 |
|  | Sansure Biotech, Inc., Class A | 76957 | 210085 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Sany Heavy Equipment International Holdings Co. Ltd. | 2722000 | $1984888 |
|  | Sany Heavy Industry Co. Ltd., Class A | 1204542 | 3138153 |
|  | Satellite Chemical Co. Ltd., Class A | 403731 | 1009332 |
|  | Sealand Securities Co. Ltd., Class A | 1018895 | 534569 |
|  \* | Seazen Group Ltd. | 7650857 | 1924269 |
|  \* | Seazen Holdings Co. Ltd., Class A | 456915 | 852535 |
|  | S-Enjoy Service Group Co. Ltd. | 244000 | 88091 |
|  | Shaanxi Beiyuan Chemical Industry Group Co. Ltd., Class A | 430400 | 249447 |
|  | Shaanxi Construction Engineering Group Corp. Ltd., Class A | 830200 | 447916 |
|  | Shan Xi Hua Yang Group New Energy Co. Ltd., Class A | 1450800 | 1308703 |
|  | Shandong Bohui Paper Industrial Co. Ltd., Class A | 380900 | 225696 |
|  | Shandong Buchang Pharmaceuticals Co. Ltd., Class A | 180909 | 393002 |
|  \* | Shandong Chenming Paper Holdings Ltd., Class H | 967727 | 71042 |
|  | Shandong Haihua Co. Ltd., Class A | 203700 | 149197 |
|  | Shandong Hi-Speed Road & Bridge Group Co. Ltd., Class A | 359300 | 277075 |
|  | Shandong Hualu Hengsheng Chemical Co. Ltd., Class A | 522599 | 1467487 |
|  | Shandong Huatai Paper Industry Shareholding Co. Ltd., Class A | 182220 | 85597 |
|  | Shandong Humon Smelting Co. Ltd., Class A | 275500 | 411123 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shandong Jincheng Pharmaceutical Group Co. Ltd., Class A | 98600 | $212636 |
|  | Shandong Jinjing Science & Technology Co. Ltd., Class A | 418900 | 262561 |
|  | Shandong Linglong Tyre Co. Ltd., Class A | 460787 | 904055 |
|  | Shandong Lukang Pharma, Class A | 162100 | 221016 |
|  | Shandong Nanshan Aluminum Co. Ltd., Class A | 3082850 | 1550417 |
|  | Shandong Publishing & Media Co. Ltd., Class A | 363633 | 491525 |
|  | Shandong Sun Paper Industry JSC Ltd., Class A | 883381 | 1703258 |
|  | Shandong Weifang Rainbow Chemical Co. Ltd., Class A | 29000 | 210132 |
|  | Shandong Weigao Group Medical Polymer Co. Ltd., Class H | 8158000 | 6004792 |
|  | Shandong Xiantan Co. Ltd., Class A | 217200 | 177606 |
|  \* | Shanghai Aerospace Automobile Electromechanical Co. Ltd., Class A | 247400 | 218740 |
|  | Shanghai AJ Group Co. Ltd., Class A | 540452 | 333949 |
|  | Shanghai Bailian Group Co. Ltd.,<br>Class A | 493700 | 650618 |
|  | Shanghai Baosteel Packaging Co. Ltd., Class A | 243900 | 159358 |
|  | Shanghai Bright Meat Group Co. Ltd., Class A | 248300 | 277315 |
|  | Shanghai Chlor-Alkali Chemical Co. Ltd., Class A | 200500 | 248675 |
|  | Shanghai Construction Group Co. Ltd., Class A | 2377229 | 788174 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shanghai Datun Energy Resources Co. Ltd., Class A | 198300 | $302640 |
|  #\* | Shanghai Electric Group Co. Ltd., Class H | 8194000 | 2692503 |
|  | Shanghai Environment Group Co. Ltd., Class A | 360586 | 390541 |
|  | Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H | 1183000 | 2127495 |
|  | Shanghai Huayi Group Co. Ltd., Class A | 274300 | 256966 |
|  | Shanghai Industrial Urban Development Group Ltd. | 7490501 | 280501 |
|  | Shanghai International Airport Co. Ltd., Class A | 113300 | 500327 |
|  | Shanghai Jahwa United Co. Ltd., Class A | 129800 | 418294 |
|  | Shanghai Jinjiang International Hotels Co. Ltd., Class A | 243850 | 806417 |
|  | Shanghai Liangxin Electrical Co. Ltd., Class A | 531500 | 611248 |
|  | Shanghai Lingang Holdings Corp. Ltd., Class A | 364760 | 456617 |
|  | Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd., Class A | 200558 | 242910 |
|  | Shanghai Mechanical & Electrical Industry Co. Ltd., Class A | 175890 | 537745 |
|  # | Shanghai Pharmaceuticals Holding Co. Ltd., Class H | 1907900 | 2609099 |
|  | Shanghai Pudong Construction Co. Ltd., Class A | 244593 | 214098 |
|  | Shanghai Pudong Development Bank Co. Ltd., Class A | 5862228 | 8843295 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shanghai Putailai New Energy Technology Co. Ltd., Class A | 470550 | $1089181 |
|  | Shanghai QiFan Cable Co. Ltd., Class A | 60300 | 121607 |
|  | Shanghai RAAS Blood Products Co. Ltd., Class A | 1316762 | 1217708 |
|  | Shanghai Rural Commercial Bank Co. Ltd., Class A | 1624600 | 1879581 |
|  | Shanghai Shyndec Pharmaceutical Co. Ltd., Class A | 260300 | 366829 |
|  | Shanghai Tongji Science & Technology Industrial Co. Ltd., Class A | 181900 | 237114 |
|  | Shanghai Tunnel Engineering Co. Ltd., Class A | 632134 | 517727 |
|  | Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd., Class A | 229976 | 355530 |
|  | Shanghai Yuyuan Tourist Mart Group Co. Ltd., Class A | 787562 | 609258 |
|  | Shanghai Zhenhua Heavy Industries Co. Ltd., Class A | 776992 | 456015 |
|  \* | Shanghai Zhonggu Logistics Co. Ltd.,<br>Class A | 382248 | 566089 |
|  | Shanghai Zijiang Enterprise Group Co. Ltd., Class A | 451400 | 390034 |
|  | Shantui Construction Machinery Co. Ltd., Class A | 441300 | 530091 |
|  | Shanxi Blue Flame Holding Co. Ltd., Class A | 267100 | 235477 |
|  | Shanxi Coal International Energy Group Co. Ltd., Class A | 231700 | 302116 |
|  | Shanxi Coking Coal Energy Group Co. Ltd., Class A | 1823765 | 1609545 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shanxi Guoxin Energy Corp. Ltd., Class A | 194600 | $67874 |
|  | Shanxi Hi-speed Group Co. Ltd., Class A | 188800 | 129981 |
|  \* | Shanxi Lanhua Sci-Tech Venture Co. Ltd., Class A | 384760 | 358143 |
|  | Shanxi Lu'an Environmental Energy Development Co. Ltd., Class A | 1040880 | 1565734 |
|  \* | Shanxi Meijin Energy Co. Ltd., Class A | 874173 | 505738 |
|  | Shanxi Securities Co. Ltd., Class A | 586460 | 456163 |
|  \* | Shanxi Taigang Stainless Steel Co. Ltd., Class A | 1595000 | 774802 |
|  \* | Shanxi Zhendong Pharmaceutical Co. Ltd., Class A | 94200 | 49513 |
|  | Shanying International Holding Co. Ltd., Class A | 718200 | 165764 |
|  | Shenghe Resources Holding Co. Ltd.,<br>Class A | 36393 | 53045 |
|  | Shenma Industry Co. Ltd., Class A | 312300 | 345478 |
|  W | Shenwan Hongyuan Group Co. Ltd.,<br>Class H | 946400 | 250676 |
|  | Shenzhen Agricultural Power Group Co. Ltd., Class A | 319341 | 278849 |
|  | Shenzhen Airport Co. Ltd., Class A | 597901 | 557570 |
|  | Shenzhen Aisidi Co. Ltd., Class A | 143300 | 229362 |
|  | Shenzhen Desay Battery Technology Co., Class A | 85030 | 247850 |
|  | Shenzhen Fuanna Bedding & Furnishing Co. Ltd., Class A | 100 | 107 |
|  | Shenzhen Gas Corp. Ltd., Class A | 489200 | 429762 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shenzhen Gongjin Electronics Co. Ltd., Class A | 269900 | $339512 |
|  # | Shenzhen International Holdings Ltd. | 6259989 | 6404182 |
|  | Shenzhen Invt Electric Co. Ltd., Class A | 205400 | 217869 |
|  | Shenzhen Jinjia Group Co. Ltd., Class A | 461283 | 228788 |
|  | Shenzhen Jufei Optoelectronics Co. Ltd., Class A | 226000 | 183046 |
|  | Shenzhen Kaifa Technology Co. Ltd., Class A | 225448 | 556673 |
|  | Shenzhen Kedali Industry Co. Ltd.,<br>Class A | 48200 | 874051 |
|  | Shenzhen Laibao Hi-tech Co. Ltd., Class A | 195200 | 254516 |
|  | Shenzhen Leaguer Co. Ltd., Class A | 355700 | 403145 |
|  | Shenzhen Microgate Technology Co. Ltd., Class A | 41900 | 59069 |
|  | Shenzhen MTC Co. Ltd., Class A | 1514528 | 899365 |
|  \* | Shenzhen New Nanshan Holding Group Co. Ltd., Class A | 687100 | 243140 |
|  | Shenzhen Noposin Crop Science Co. Ltd., Class A | 262600 | 341436 |
|  \* | Shenzhen Overseas Chinese Town Co. Ltd., Class A | 1645261 | 535380 |
|  # | Shenzhen Pagoda Industrial Group Corp. Ltd. | 1029000 | 131771 |
|  | Shenzhen Senior Technology Material Co. Ltd., Class A | 257900 | 322886 |
|  | Shenzhen Suntak Circuit Technology Co. Ltd., Class A | 262008 | 364031 |
|  | Shenzhen Tagen Group Co. Ltd., Class A | 605500 | 296661 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Shenzhen Topraysolar Co. Ltd., Class A | 344500 | $141377 |
|  | Shenzhen Yan Tian Port Holding Co. Ltd., Class A | 422900 | 263793 |
|  | Shenzhen Yinghe Technology Co. Ltd., Class A | 128900 | 292841 |
|  | Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd., Class A | 1038400 | 638161 |
|  | Shenzhou International Group Holdings Ltd. | 291800 | 2022670 |
|  | Shinva Medical Instrument Co. Ltd.,<br>Class A | 112750 | 228352 |
|  | Shuangliang Eco-Energy Systems Co. Ltd., Class A | 566800 | 342443 |
|  | Shui On Land Ltd. | 14422303 | 1225890 |
|  | Sichuan Development Lomon Co. Ltd., Class A | 406900 | 617737 |
|  | Sichuan EM Technology Co. Ltd., Class A | 211900 | 262761 |
|  | Sichuan Hebang Biotechnology Co. Ltd., Class A | 1939500 | 451518 |
|  | Sichuan Hexie Shuangma Co. Ltd.,<br>Class A | 152178 | 328991 |
|  | Sichuan Kelun Pharmaceutical Co. Ltd., Class A | 288455 | 1439040 |
|  \* | Sichuan Lutianhua Co. Ltd., Class A | 445200 | 296313 |
|  | Sichuan New Energy Power Co. Ltd., Class A | 303200 | 426745 |
|  | Sichuan Road & Bridge Group Co. Ltd., Class A | 1804898 | 2158733 |
|  | Sichuan Yahua Industrial Group Co. Ltd., Class A | 255400 | 393390 |
|  | Sihuan Pharmaceutical Holdings Group Ltd. | 3266000 | 302961 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Sino Biopharmaceutical Ltd. | 22063000 | $11080021 |
|  \* | Sinochem International Corp., Class A | 673631 | 332289 |
|  | Sinofert Holdings Ltd. | 11308000 | 1707332 |
|  \* | Sinolink Worldwide Holdings Ltd. | 3781714 | 85078 |
|  | Sinoma International Engineering Co., Class A | 768300 | 969820 |
|  | Sinoma Science & Technology Co. Ltd., Class A | 461962 | 873836 |
|  | Sinomach Automobile Co. Ltd., Class A | 391700 | 341486 |
|  \* | Sinomach Heavy Equipment Group Co. Ltd., Class A | 830200 | 322406 |
|  | Sinomine Resource Group Co. Ltd.,<br>Class A | 120820 | 484066 |
|  | Sinopec Engineering Group Co. Ltd., Class H | 6194500 | 4407798 |
|  | Sinopec Kantons Holdings Ltd. | 4458000 | 2510191 |
|  \* | Sinopec Shanghai Petrochemical Co. Ltd., Class H | 8718000 | 1291261 |
|  | Sinopharm Group Co. Ltd., Class H | 5576800 | 13143110 |
|  | Sino-Platinum Metals Co. Ltd., Class A | 116900 | 212282 |
|  | Sinosteel Engineering & Technology Co. Ltd., Class A | 678800 | 602714 |
|  | Sinosteel New Materials Co. Ltd., Class A | 102600 | 110353 |
|  | Sinotrans Ltd., Class H | 10042000 | 4364273 |
|  | Sinotruk Jinan Truck Co. Ltd., Class A | 354758 | 829890 |
|  | Skyworth Digital Co. Ltd., Class A | 65300 | 100803 |
|  # | Skyworth Group Ltd. | 6131114 | 2353150 |
|  | Snowsky Salt Industry Group Co. Ltd., Class A | 472000 | 324263 |
|  \* | SOHO China Ltd. | 4886888 | 339998 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | SooChow Securities Co. Ltd., Class A | 967230 | $1041081 |
|  \* | South Manganese Investment Ltd. | 1336000 | 46422 |
|  | Southern Publishing & Media Co. Ltd.,<br>Class A | 211100 | 479647 |
|  | Southwest Securities Co. Ltd., Class A | 910400 | 516255 |
|  | SSY Group Ltd. | 3312000 | 1256867 |
|  | Stanley Agricultural Group Co. Ltd., Class A | 346000 | 399643 |
|  | Star Lake Bioscience Co., Inc. Zhaoqing Guangdong, Class A | 504700 | 525353 |
|  | State Grid Yingda Co. Ltd., Class A | 798300 | 533269 |
|  | STO Express Co. Ltd., Class A | 166400 | 244866 |
|  | Sumec Corp. Ltd., Class A | 415300 | 541042 |
|  | Suning Universal Co. Ltd., Class A | 1023305 | 304386 |
|  | Sunrise Group Co. Ltd., Class A | 194800 | 144981 |
|  \* | Sunstone Development Co. Ltd., Class A | 94600 | 226444 |
|  | Sunward Intelligent Equipment Co. Ltd.,<br>Class A | 279300 | 269030 |
|  | Sunwoda Electronic Co. Ltd., Class A | 384600 | 1005840 |
|  | Suzhou Anjie Technology Co. Ltd., Class A | 92100 | 163216 |
|  | Suzhou Gold Mantis Construction Decoration Co. Ltd., Class A | 893375 | 426694 |
|  | Suzhou New District Hi-Tech Industrial Co. Ltd., Class A | 299900 | 218489 |
|  \* | Taiyuan Heavy Industry Co. Ltd., Class A | 370600 | 119980 |
|  \* | Tangrenshen Group Co. Ltd., Class A | 385300 | 256932 |
|  \* | Tangshan Jidong Cement Co. Ltd., Class A | 285244 | 186020 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | TangShan Port Group Co. Ltd., Class A | 1646190 | $909459 |
|  | Tangshan Sanyou Chemical Industries Co. Ltd., Class A | 660100 | 441549 |
|  | Tayho Advanced Materials Group Co. Ltd., Class A | 291300 | 410083 |
|  | TBEA Co. Ltd., Class A | 1143998 | 1816395 |
|  | TCL Electronics Holdings Ltd. | 4535666 | 5729442 |
|  | TCL Technology Group Corp., Class A | 4338998 | 2476275 |
|  | TCL Zhonghuan Renewable Energy Technology Co. Ltd., Class A | 771700 | 814151 |
|  | TDG Holdings Co. Ltd., Class A | 321400 | 287997 |
|  | Ten Pao Group Holdings Ltd. | 304000 | 63249 |
|  | Tian Di Science & Technology Co. Ltd., Class A | 1183500 | 1009928 |
|  # | Tiangong International Co. Ltd. | 5220000 | 1418219 |
|  | Tianjin Capital Environmental Protection Group Co. Ltd., Class H | 24000 | 9852 |
|  | Tianjin Chase Sun Pharmaceutical Co. Ltd., Class A | 668911 | 311755 |
|  | Tianjin Port Co. Ltd., Class A | 686668 | 418215 |
|  | Tianjin Port Development Holdings Ltd. | 13025657 | 1022629 |
|  | Tianjin Ringpu Bio-Technology Co. Ltd., Class A | 80800 | 227088 |
|  | Tianjin Teda Co. Ltd., Class A | 134611 | 68387 |
|  | Tianjin You Fa Steel Pipe Group Stock Co. Ltd., Class A | 176361 | 138322 |
|  \* | Tianma Microelectronics Co. Ltd.,<br>Class A | 628602 | 690649 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Tianneng Battery Group Co. Ltd., Class A | 81158 | $290018 |
|  # | Tianneng Power International Ltd. | 3920000 | 3263207 |
|  # | Tianqi Lithium Corp., Class H | 257000 | 763975 |
|  | Tianrun Industry Technology Co. Ltd.,<br>Class A | 286100 | 243307 |
|  | Tianshan Aluminum Group Co. Ltd., Class A | 1392729 | 1428815 |
|  | Tianshui Huatian Technology Co. Ltd.,<br>Class A | 948176 | 1211169 |
|  | Titan Wind Energy Suzhou Co. Ltd., Class A | 375700 | 332702 |
|  | Tofflon Science & Technology Group Co. Ltd., Class A | 189800 | 307414 |
|  | Toly Bread Co. Ltd., Class A | 413335 | 309102 |
|  | Tomson Group Ltd. | 1803763 | 624146 |
|  | Tong Ren Tang Technologies Co. Ltd., Class H | 2507000 | 1529450 |
|  | Tongcheng Travel Holdings Ltd. | 446400 | 1170915 |
|  | Tongkun Group Co. Ltd., Class A | 547222 | 819942 |
|  | Tongling Jingda Special Magnet Wire Co. Ltd., Class A | 424000 | 391828 |
|  | Tongling Nonferrous Metals Group Co. Ltd., Class A | 3571846 | 1555592 |
|  | Tongwei Co. Ltd., Class A | 315414 | 708534 |
|  | Tongyu Heavy Industry Co. Ltd., Class A | 1278400 | 429489 |
|  W | Topsports International Holdings Ltd. | 6059000 | 2408799 |
|  | Transfar Zhilian Co. Ltd., Class A | 602400 | 435485 |
|  | TravelSky Technology Ltd., Class H | 896000 | 1247286 |
|  | Triangle Tyre Co. Ltd., Class A | 130700 | 243747 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Trina Solar Co. Ltd., Class A | 450297 | $812777 |
|  | Trip.com Group Ltd. (TCOM US), ADR | 629971 | 37161989 |
|  \*†† | Trony Solar Holdings Co. Ltd. | 8775000 | 0 |
|  | Truking Technology Ltd., Class A | 167700 | 172576 |
|  # | Truly International Holdings Ltd. | 4554000 | 559073 |
|  \* | Tsinghua Tongfang Co. Ltd., Class A | 458200 | 439620 |
|  | Unilumin Group Co. Ltd., Class A | 112600 | 107678 |
|  | Uni-President China Holdings Ltd. | 907000 | 1088205 |
|  | Unisplendour Corp. Ltd., Class A | 745064 | 2587366 |
|  | Universal Scientific Industrial Shanghai Co. Ltd., Class A | 418100 | 798490 |
|  | Valiant Co. Ltd., Class A | 211046 | 317218 |
|  | Vatti Corp. Ltd., Class A | 222900 | 198639 |
|  | Venustech Group, Inc., Class A | 97100 | 207121 |
|  | Vipshop Holdings Ltd., ADR | 1366683 | 18614222 |
|  \* | Visionox Technology, Inc., Class A | 140400 | 165490 |
|  | Wangneng Environment Co. Ltd., Class A | 130540 | 320888 |
|  | Wanxiang Qianchao Co. Ltd., Class A | 534160 | 478602 |
|  | Wasion Holdings Ltd. | 2834000 | 2931781 |
|  | Wasu Media Holding Co. Ltd., Class A | 497586 | 528110 |
|  | Weibo Corp. (9898 HK), Class A | 1100 | 9091 |
|  # | Weibo Corp. (WB US), Sponsored ADR | 123100 | 997110 |
|  | Weichai Power Co. Ltd., Class H | 6153000 | 12003887 |
|  | Weifu High-Technology Group Co. Ltd., Class A | 90400 | 243045 |
|  \* | Wellhope Foods Co. Ltd., Class A | 310388 | 356989 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  # | West China Cement Ltd. | 10992000 | $2208026 |
|  | Western Securities Co. Ltd., Class A | 726548 | 753721 |
|  | Windey Energy Technology Group Co. Ltd., Class A | 182430 | 264113 |
|  | Wingtech Technology Co. Ltd., Class A | 201400 | 967288 |
|  | Winner Medical Co. Ltd., Class A | 75640 | 544174 |
|  | Wuchan Zhongda Group Co. Ltd., Class A | 1608600 | 1126834 |
|  | Wuhu Token Science Co. Ltd., Class A | 394600 | 308770 |
|  | Wushang Group Co. Ltd., Class A | 262900 | 337007 |
|  \*W | Wuxi Biologics Cayman, Inc. | 7811000 | 22686484 |
|  | Wuxi Huaguang Environment & Energy Group Co. Ltd., Class A | 216923 | 272757 |
|  | Wuxi Paike New Materials Technology Co. Ltd., Class A | 20400 | 155803 |
|  | Wuxi Rural Commercial Bank Co. Ltd., Class A | 418200 | 318649 |
|  | Wuxi Taiji Industry Ltd. Co., Class A | 411647 | 358847 |
|  | XCMG Construction Machinery Co. Ltd., Class A | 2845700 | 3454614 |
|  W | Xiabuxiabu Catering Management China Holdings Co. Ltd. | 1115500 | 104153 |
|  | Xiamen Bank Co. Ltd., Class A | 756600 | 600406 |
|  | Xiamen C & D, Inc., Class A | 598500 | 858468 |
|  | Xiamen ITG Group Corp. Ltd., Class A | 472902 | 408320 |
|  | Xiamen Tungsten Co. Ltd., Class A | 299740 | 757159 |
|  | Xiamen Xiangyu Co. Ltd., Class A | 608601 | 543203 |
|  | Xi'An Shaangu Power Co. Ltd., Class A | 462200 | 527728 |
|  | Xiandai Investment Co. Ltd., Class A | 184100 | 100376 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  \* | Xiangtan Electric Manufacturing Co. Ltd., Class A | 31300 | $42701 |
|  | Xianhe Co. Ltd., Class A | 123874 | 358464 |
|  | Xilinmen Furniture Co. Ltd., Class A | 97400 | 205272 |
|  | Xinfengming Group Co. Ltd., Class A | 420160 | 624243 |
|  | Xingfa Aluminium Holdings Ltd. | 447000 | 441814 |
|  | Xinhua Winshare Publishing & Media Co. Ltd., Class H | 1785000 | 2583900 |
|  | Xinjiang Joinworld Co. Ltd., Class A | 380300 | 348843 |
|  | Xinjiang Qingsong Building Materials & Chemicals Group Co. Ltd., Class A | 326600 | 167547 |
|  | Xinjiang Xinxin Mining Industry Co. Ltd., Class H | 1208000 | 141452 |
|  | Xinjiang Xuefeng Sci-Tech Group Co. Ltd., Class A | 312000 | 417328 |
|  #\* | Xinte Energy Co. Ltd., Class H | 1556400 | 888782 |
|  | Xinxiang Chemical Fiber Co. Ltd., Class A | 440670 | 236482 |
|  | Xinxing Ductile Iron Pipes Co. Ltd.,<br>Class A | 1067100 | 494902 |
|  # | Xinyi Energy Holdings Ltd. | 7391607 | 875312 |
|  # | Xinyi Solar Holdings Ltd. | 15368000 | 5110785 |
|  | Xinyu Iron & Steel Co. Ltd., Class A | 779300 | 433815 |
|  # | Xtep International Holdings Ltd. | 5402643 | 3684335 |
|  | Yangling Metron New Material, Inc.,<br>Class A | 88600 | 229982 |
|  W | Yangtze Optical Fibre & Cable Joint Stock Co. Ltd., Class H | 129000 | 227558 |
|  # | Yankuang Energy Group Co. Ltd.,<br>Class H | 7846000 | 8194538 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Yantai Changyu Pioneer Wine Co. Ltd., Class A | 89001 | $276931 |
|  | Yantai Jereh Oilfield Services Group Co. Ltd., Class A | 305903 | 1323023 |
|  | Yechiu Metal Recycling China Ltd., Class A | 319500 | 105092 |
|  | Yibin Tianyuan Group Co. Ltd., Class A | 235590 | 142321 |
|  #\*W | YiChang HEC ChangJiang Pharmaceutical Co. Ltd., Class H | 1188400 | 1905873 |
|  | Yifan Pharmaceutical Co. Ltd., Class A | 140800 | 219945 |
|  | Yiren Digital Ltd., Sponsored ADR | 192275 | 1257479 |
|  #W | Yixin Group Ltd. | 4546000 | 1248850 |
|  | Yixintang Pharmaceutical Group Co. Ltd., Class A | 197463 | 385649 |
|  | Yonfer Agricultural Technology Co. Ltd., Class A | 410300 | 766583 |
|  | Yongjin Technology Group Co. Ltd. | 98900 | 221791 |
|  | YongXing Special Materials Technology Co. Ltd., Class A | 112670 | 475674 |
|  | Youngor Fashion Co. Ltd., Class A | 928013 | 957684 |
|  | YTO Express Group Co. Ltd., Class A | 530600 | 957067 |
|  \* | Yueyang Forest & Paper Co. Ltd., Class A | 325800 | 192249 |
|  | YUNDA Holding Group Co. Ltd., Class A | 974689 | 911474 |
|  | Yunnan Aluminium Co. Ltd., Class A | 653530 | 1369322 |
|  | Yunnan Chihong Zinc&Germanium Co. Ltd., Class A | 987900 | 691174 |
|  | Yunnan Copper Co. Ltd., Class A | 483200 | 775236 |
|  | Yunnan Energy Investment Co. Ltd.,<br>Class A | 128400 | 192653 |

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Yunnan Energy New Material Co. Ltd., Class A | 229600 | $876811 |
|  | Yunnan Tin Co. Ltd., Class A | 466300 | 888094 |
|  | Yunnan Yuntianhua Co. Ltd., Class A | 156000 | 479835 |
|  | ZBOM Home Collection Co. Ltd., Class A | 115400 | 173495 |
|  | Zhefu Holding Group Co. Ltd., Class A | 1424640 | 617177 |
|  \* | Zhejiang Century Huatong Group Co. Ltd., Class A | 86354 | 88327 |
|  | Zhejiang Chint Electrics Co. Ltd., Class A | 669352 | 2055021 |
|  | Zhejiang Communications Technology Co. Ltd., Class A | 850341 | 450552 |
|  | Zhejiang Conba Pharmaceutical Co. Ltd., Class A | 459100 | 277692 |
|  | Zhejiang Dahua Technology Co. Ltd., Class A | 583623 | 1266113 |
|  | Zhejiang Daily Digital Culture Group Co. Ltd., Class A | 216900 | 419985 |
|  #\*†† | Zhejiang Glass Co. Ltd., Class H | 437000 | 0 |
|  | Zhejiang Guyuelongshan Shaoxing Wine Co. Ltd., Class A | 217500 | 264700 |
|  | Zhejiang Hailiang Co. Ltd., Class A | 650665 | 855948 |
|  | Zhejiang Hangmin Co. Ltd., Class A | 477181 | 464890 |
|  \* | Zhejiang Hisun Pharmaceutical Co. Ltd., Class A | 279664 | 341399 |
|  | Zhejiang Huace Film & Television Co. Ltd., Class A | 385032 | 381632 |
|  | Zhejiang Huayou Cobalt Co. Ltd., Class A | 403831 | 1883871 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| CHINA — (Continued) |  |  |
| Zhejiang Jiahua Energy Chemical Industry Co. Ltd., Class A | 470400 | $553651 |
| Zhejiang Jingxin Pharmaceutical Co. Ltd., Class A | 309251 | 581520 |
| Zhejiang Jiuzhou Pharmaceutical Co. Ltd., Class A | 212800 | 402312 |
| Zhejiang Longsheng Group Co. Ltd., Class A | 660433 | 892618 |
| Zhejiang Medicine Co. Ltd., Class A | 238117 | 436881 |
| Zhejiang Narada Power Source Co. Ltd., Class A | 371500 | 721236 |
| Zhejiang NHU Co. Ltd., Class A | 48976 | 149154 |
| Zhejiang Orient Financial Holdings Group Co. Ltd., Class A | 845600 | 700171 |
| Zhejiang Runtu Co. Ltd., Class A | 378930 | 363059 |
| Zhejiang Semir Garment Co. Ltd., Class A | 747199 | 578091 |
| Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co. Ltd., Class A | 373900 | 266989 |
| Zhejiang Southeast Space Frame Co. Ltd., Class A | 326700 | 183568 |
| Zhejiang Wanliyang Co. Ltd., Class A | 440441 | 444793 |
| Zhejiang Wanma Co. Ltd., Class A | 343500 | 699247 |
| Zhejiang Wansheng Co. Ltd., Class A | 126752 | 165658 |
| Zhejiang Xianju Pharmaceutical Co. Ltd., Class A | 37800 | 46789 |
| Zhejiang Xinan Chemical Industrial Group Co. Ltd., Class A | 291228 | 304054 |
| Zhejiang Xinao Textiles, Inc., Class A | 182940 | 149153 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | Zhejiang Yasha Decoration Co. Ltd.,<br>Class A | 338200 | $168072 |
|  | Zhende Medical Co. Ltd., Class A | 30800 | 81177 |
|  | Zhengzhou Coal Mining Machinery Group Co. Ltd., Class H | 1012800 | 1685940 |
|  | Zhenjiang Dongfang Electric Heating Technology Co. Ltd., Class A | 203500 | 131231 |
|  | Zhewen Interactive Group Co. Ltd.,<br>Class A | 424700 | 468406 |
|  \*W | ZhongAn Online P&C Insurance Co. Ltd., Class H | 53000 | 76532 |
|  | Zhongshan Broad Ocean Motor Co. Ltd., Class A | 652200 | 622401 |
|  | Zhongsheng Group Holdings Ltd. | 3392000 | 5103880 |
|  | Zhongtai Securities Co. Ltd., Class A | 941000 | 791225 |
|  \*†† | Zhongtian Financial Group Co. Ltd.,<br>Class A | 926500 | 0 |
|  | Zhongyuan Environment-Protection Co. Ltd., Class A | 163500 | 183440 |
|  W | Zhou Hei Ya International Holdings Co. Ltd. | 3008500 | 975222 |
|  | Zhuhai Huafa Properties Co. Ltd., Class A | 523500 | 367259 |
|  | Zhuzhou CRRC Times Electric Co. Ltd., Class H | 1060000 | 4254664 |
|  | Zhuzhou Kibing Group Co. Ltd., Class A | 884646 | 658336 |
|  | Zhuzhou Times New Material Technology Co. Ltd., Class A | 213900 | 334267 |
|  | Zibo Qixiang Tengda Chemical Co. Ltd., Class A | 495500 | 303942 |
|  W | ZJLD Group, Inc. | 89600 | 74898 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  CHINA — (Continued) | CHINA — (Continued) |  |  |
|  | ZJMI Environmental Energy Co. Ltd., Class A | 136403 | $231316 |
|  | Zoomlion Heavy Industry Science & Technology Co. Ltd., Class H | 4245400 | 3059153 |
|  # | ZTE Corp., Class H | 1127400 | 3328231 |
|  | ZTO Express Cayman, Inc. (2057 HK) | 262400 | 4886906 |
|  TOTAL CHINA | TOTAL CHINA |  | 2871292023 |
|  COLOMBIA — (0.1%) | COLOMBIA — (0.1%) |  |  |
|  | Almacenes Exito SA, BDR | 727306 | 1334107 |
|  | Cementos Argos SA | 195904 | 496996 |
|  \* | Corp. Financiera Colombiana SA | 54588 | 213930 |
|  | Grupo Argos SA | 1170236 | 6087176 |
|  | Mineros SA | 92237 | 132388 |
|  TOTAL COLOMBIA | TOTAL COLOMBIA |  | 8264597 |
|  CZECH REPUBLIC — (0.1%) | CZECH REPUBLIC — (0.1%) |  |  |
|  | CEZ AS | 8562 | 434603 |
|  | Komercni Banka AS | 277089 | 13467022 |
|  W | Moneta Money Bank AS | 317848 | 1964786 |
|  TOTAL CZECH REPUBLIC | TOTAL CZECH REPUBLIC |  | 15866411 |
|  GREECE — (0.5%) | GREECE — (0.5%) |  |  |
|  | Alpha Services & Holdings SA | 6758535 | 16478867 |
|  # | Bank of Greece | 40789 | 634277 |
|  | Helleniq Energy Holdings SA | 332374 | 2870921 |
|  # | Intracom Holdings SA | 276836 | 969573 |
|  \* | LAMDA Development SA | 10342 | 77819 |
|  | Motor Oil Hellas Corinth Refineries SA | 86436 | 2094355 |
|  | National Bank of Greece SA | 656611 | 6968920 |
|  | Piraeus Financial Holdings SA | 3886723 | 21827955 |
|  TOTAL GREECE | TOTAL GREECE |  | 51922687 |
|  HONG KONG — (1.3%) | HONG KONG — (1.3%) |  |  |
|  | Amrita Global | 744000 | 57558 |

---

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**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  | Beijing Enterprises Holdings Ltd. | 2179000 | $8841459 |
|  \*†† | CECEP COSTIN New Materials Group Ltd. | 132000 | 0 |
|  \* | China Aerospace International Holdings Ltd. | 2612000 | 129598 |
|  \*†† | China Common Rich Renewable Energy Investments Ltd. | 14642000 | 0 |
|  | China Everbright Ltd. | 2099869 | 1122931 |
|  #†† | China Huiyuan Juice Group Ltd. | 4182433 | 189071 |
|  | China Jinmao Holdings Group Ltd. | 3283750 | 485892 |
|  | China Merchants Port Holdings Co. Ltd. | 4878291 | 7919816 |
|  | China Nonferrous Mining Corp. Ltd. | 4077000 | 2698401 |
|  | China Overseas Grand Oceans Group Ltd. | 8040742 | 1781081 |
|  | China Overseas Land & Investment Ltd. | 9940500 | 17635931 |
|  \*†† | China Properties Investment Holdings Ltd. | 3380000 | 0 |
|  | China Resources Beer Holdings Co. Ltd. | 119500 | 420067 |
|  W | China Resources Pharmaceutical Group Ltd. | 7906000 | 4990397 |
|  | China Taiping Insurance Holdings Co. Ltd. | 6224000 | 8618787 |
|  #\* | China Traditional Chinese Medicine Holdings Co. Ltd. | 13184000 | 3432047 |
|  | China Travel International Investment Hong Kong Ltd. | 11135631 | 1446852 |
|  #\*†† | China Zhongwang Holdings Ltd. | 13622954 | 0 |
|  | CITIC Ltd. | 15978483 | 19424593 |
|  | CSPC Pharmaceutical Group Ltd. | 20432000 | 16093037 |
|  | CSSC Hong Kong Shipping Co. Ltd. | 2940000 | 643697 |
|  # | Far East Horizon Ltd. | 8098000 | 6283523 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  HONG KONG — (Continued) | HONG KONG — (Continued) |  |  |
|  | Fosun International Ltd. | 7562183 | $3920203 |
|  W | Genertec Universal Medical Group Co. Ltd. | 3799000 | 2505620 |
|  #W | Hua Hong Semiconductor Ltd. | 1096000 | 5011825 |
|  | Jinmao Property Services Co. Ltd. | 458891 | 171293 |
|  \* | MMG Ltd. | 10091200 | 3054482 |
|  | Morimatsu International Holdings Co. Ltd. | 340000 | 241435 |
|  | PAX Global Technology Ltd. | 2108000 | 1269423 |
|  | Poly Property Group Co. Ltd. | 9211870 | 1740771 |
|  | Shanghai Industrial Holdings Ltd. | 1935918 | 2954316 |
|  | Shenzhen Investment Ltd. | 11588414 | 1163928 |
|  # | Shoucheng Holdings Ltd. | 6233683 | 1277682 |
|  | Shougang Fushan Resources Group Ltd. | 8816819 | 2794029 |
|  | Sinotruk Hong Kong Ltd. | 2865835 | 6886317 |
|  | Sun Art Retail Group Ltd. | 6588500 | 1572390 |
|  | Tian An China Investment Co. Ltd. | 4049000 | 2229489 |
|  †† | Untrade.China Dili | 4137899 | 66052 |
|  \*†† | Untrade.Lumena Newmat | 1315048 | 0 |
|  | Wharf Holdings Ltd. | 1807000 | 4539002 |
|  # | Yuexiu Property Co. Ltd. | 6100357 | 3681761 |
|  | Yuexiu Services Group Ltd. | 141000 | 52287 |
|  TOTAL HONG KONG | TOTAL HONG KONG |  | 147347043 |
|  HUNGARY — (0.2%) | HUNGARY — (0.2%) |  |  |
|  | MOL Hungarian Oil & Gas PLC | 2300044 | 19476088 |
|  | OTP Bank Nyrt | 53934 | 3983997 |
|  TOTAL HUNGARY | TOTAL HUNGARY |  | 23460085 |
|  INDIA — (19.0%) | INDIA — (19.0%) |  |  |
|  | 360 ONE WAM Ltd. | 70639 | 817802 |
|  | Aarti Drugs Ltd. | 30145 | 124768 |
|  | Aarti Industries Ltd. | 21443 | 106538 |
|  | Aarti Pharmalabs Ltd. | 4095 | 34686 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | ACC Ltd. | 241996 | $5369122 |
|  \* | Adani Power Ltd. | 80685 | 504551 |
|  \* | Aditya Birla Capital Ltd. | 1635004 | 3786715 |
|  | Aditya Birla Real Estate Ltd. | 14894 | 338709 |
|  | Advanced Enzyme Technologies Ltd. | 14809 | 50085 |
|  | Agarwal Industrial Corp. Ltd. | 1368 | 15935 |
|  | AGI Greenpac Ltd. | 45943 | 442711 |
|  | Alembic Ltd. | 360019 | 425841 |
|  | Alembic Pharmaceuticals Ltd. | 105977 | 1091194 |
|  | Allcargo Logistics Ltd. | 1600297 | 559588 |
|  \* | Allcargo Terminals Ltd. | 120969 | 35425 |
|  | Amara Raja Energy & Mobility Ltd. | 226043 | 2599718 |
|  | Ambuja Cements Ltd. | 1346803 | 8557782 |
|  | Anant Raj Ltd. | 14096 | 75062 |
|  | Andhra Sugars Ltd. | 140898 | 116922 |
|  \*W | Antony Waste Handling Cell Ltd. | 4678 | 26953 |
|  | Apollo Tyres Ltd. | 1851897 | 10306939 |
|  | Arvind Ltd. | 924337 | 3940797 |
|  \* | Ashapura Minechem Ltd. | 15531 | 60952 |
|  \* | Ashoka Buildcon Ltd. | 275032 | 600884 |
|  \* | Aurobindo Pharma Ltd. | 1045999 | 15159833 |
|  | Avadh Sugar & Energy Ltd. | 3196 | 21160 |
|  | Avanti Feeds Ltd. | 28553 | 293913 |
|  | Axis Bank Ltd. (AXSB IN) | 10198375 | 142872641 |
|  \* | Bajaj Consumer Care Ltd. | 111946 | 219586 |
|  \* | Bajaj Hindusthan Sugar Ltd. | 1123232 | 257522 |
|  | Bajaj Holdings & Investment Ltd. | 170629 | 24306917 |
|  | Balmer Lawrie & Co. Ltd. | 410440 | 962164 |
|  | Balrampur Chini Mills Ltd. | 721069 | 4677976 |
|  | Banco Products India Ltd. | 108138 | 468494 |
|  W | Bandhan Bank Ltd. | 1349093 | 2633355 |
|  | Bank of Baroda | 4048927 | 11965197 |
|  | Bank of India | 1684055 | 2293794 |
|  | Bank of Maharashtra | 2670903 | 1594403 |
|  | BCL Industries Ltd. | 81509 | 36065 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Bhansali Engineering Polymers Ltd. | 168668 | $217236 |
|  | Bharat Bijlee Ltd. | 6466 | 221924 |
|  | Bharat Heavy Electricals Ltd. | 4324246 | 11538272 |
|  \* | Bharat Wire Ropes Ltd. | 3759 | 7657 |
|  | Biocon Ltd. | 264734 | 1003177 |
|  | Birla Corp. Ltd. | 162296 | 2042646 |
|  | BirlaNu Ltd. | 19866 | 443841 |
|  | Birlasoft Ltd. | 289141 | 1333420 |
|  | Bliss Gvs Pharma Ltd. | 27690 | 38591 |
|  | Bluspring Enterprises Ltd. | 45222 | 103030 |
|  | Bombay Burmah Trading Co. | 38473 | 846164 |
|  | BSE Ltd. | 18347 | 1383302 |
|  \* | Camlin Fine Sciences Ltd. | 34902 | 67358 |
|  | Can Fin Homes Ltd. | 148569 | 1254228 |
|  | Canara Bank | 6645835 | 7641445 |
|  \* | Capacit'e Infraprojects Ltd. | 74780 | 313361 |
|  | Caplin Point Laboratories Ltd. | 3585 | 78985 |
|  \* | Cartrade Tech Ltd. | 20299 | 410924 |
|  | Ceat Ltd. | 140663 | 5470201 |
|  | Century Enka Ltd. | 36151 | 219494 |
|  | Chambal Fertilisers & Chemicals Ltd. | 899019 | 7341219 |
|  | Cholamandalam Financial Holdings Ltd. | 419276 | 9242103 |
|  | CIE Automotive India Ltd. | 388498 | 1847505 |
|  | Cipla Ltd. | 789429 | 14485652 |
|  | City Union Bank Ltd. | 1272397 | 2648123 |
|  W | Cochin Shipyard Ltd. | 74116 | 1392621 |
|  | Confidence Petroleum India Ltd. | 11208 | 6837 |
|  | Container Corp. of India Ltd. | 312168 | 2481853 |
|  | Coromandel International Ltd. | 13873 | 363486 |
|  | Cosmo First Ltd. | 17376 | 120863 |
|  \* | CSB Bank Ltd. | 102214 | 428354 |
|  | Cyient Ltd. | 125736 | 1760040 |
|  | Dalmia Bharat Ltd. | 289944 | 6638731 |
|  | Dalmia Bharat Sugar & Industries Ltd. | 34627 | 153215 |
|  | DB Corp. Ltd. | 152784 | 440157 |
|  | DCB Bank Ltd. | 991236 | 1574480 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | DCM Shriram Industries Ltd. | 4862 | $10302 |
|  | DCM Shriram Ltd. | 214566 | 2530944 |
|  \* | DCW Ltd. | 298242 | 278482 |
|  | Deep Industries Ltd. | 3567 | 18607 |
|  | Deepak Fertilisers & Petrochemicals Corp. Ltd. | 309410 | 4675530 |
|  | Delta Corp. Ltd. | 336051 | 367636 |
|  \* | DEN Networks Ltd. | 177675 | 68386 |
|  \* | Dhampur Sugar Mills Ltd. | 97319 | 146056 |
|  \* | Dhanlaxmi Bank Ltd. | 119029 | 39686 |
|  | Digitide Solutions Ltd. | 45222 | 85709 |
|  W | Dilip Buildcon Ltd. | 33606 | 168245 |
|  \* | Dishman Carbogen Amcis Ltd. | 326616 | 743123 |
|  | DLF Ltd. | 621310 | 4926044 |
|  | Dollar Industries Ltd. | 5707 | 25826 |
|  # | Dr. Reddy's Laboratories Ltd., ADR | 420830 | 5857954 |
|  | Dr. Reddy's Laboratories Ltd. (DRRD IN) | 550715 | 7701741 |
|  \* | Dwarikesh Sugar Industries Ltd. | 195236 | 92251 |
|  | eClerx Services Ltd. | 17228 | 508067 |
|  | Edelweiss Financial Services Ltd. | 140308 | 131391 |
|  \* | EID Parry India Ltd. | 507826 | 4901186 |
|  | Electrosteel Castings Ltd. | 999250 | 1146092 |
|  | EPL Ltd. | 245983 | 551365 |
|  W | Equitas Small Finance Bank Ltd. | 325660 | 256881 |
|  | Escorts Kubota Ltd. | 31899 | 1223328 |
|  \* | Eureka Forbes Ltd. | 2928 | 17047 |
|  | Everest Industries Ltd. | 4772 | 27999 |
|  | Everest Kanto Cylinder Ltd. | 61432 | 86870 |
|  | Excel Industries Ltd. | 3247 | 40758 |
|  | Exide Industries Ltd. | 999575 | 4112147 |
|  | FDC Ltd. | 119390 | 594769 |
|  | Federal Bank Ltd. | 9464464 | 21974103 |
|  | FIEM Industries Ltd. | 33685 | 571032 |
|  | Filatex India Ltd. | 602236 | 300597 |
|  | Finolex Cables Ltd. | 131333 | 1344805 |
|  | Finolex Industries Ltd. | 798718 | 1643268 |
|  | Firstsource Solutions Ltd. | 1354568 | 5396548 |
|  | Force Motors Ltd. | 9320 | 983362 |
|  | Fortis Healthcare Ltd. | 1009151 | 8118986 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | G R Infraprojects Ltd. | 5138 | $62963 |
|  | Gabriel India Ltd. | 60929 | 388656 |
|  | GAIL India Ltd. (GAIL IN) | 7516829 | 16710850 |
|  \* | Ganesh Benzoplast Ltd. | 2989 | 4336 |
|  | Ganesh Housing Corp. Ltd. | 1403 | 18030 |
|  | Gateway Distriparks Ltd. | 1318343 | 930940 |
|  | GHCL Ltd. | 325013 | 2227557 |
|  | GHCL Textiles Ltd. | 339043 | 316797 |
|  | GIC Housing Finance Ltd. | 73745 | 152854 |
|  | Glenmark Pharmaceuticals Ltd. | 858584 | 13985732 |
|  | Globus Spirits Ltd. | 3843 | 46679 |
|  | Godawari Power & Ispat Ltd. | 351401 | 748071 |
|  | Godfrey Phillips India Ltd. | 57575 | 5542574 |
|  \* | Godrej Industries Ltd. | 14510 | 185759 |
|  | Goldiam International Ltd. | 15567 | 66789 |
|  | Granules India Ltd. | 781166 | 4183610 |
|  | Graphite India Ltd. | 74575 | 401654 |
|  | Grasim Industries Ltd. | 890461 | 28733486 |
|  | Grauer & Weil India Ltd. | 82434 | 82257 |
|  | Great Eastern Shipping Co. Ltd. | 503782 | 5189824 |
|  | Greaves Cotton Ltd. | 50011 | 116073 |
|  | Greenpanel Industries Ltd. | 17623 | 49119 |
|  | Gujarat Alkalies & Chemicals Ltd. | 122273 | 876974 |
|  | Gujarat Ambuja Exports Ltd. | 605370 | 843336 |
|  | Gujarat Fluorochemicals Ltd. | 28344 | 1287063 |
|  | Gujarat Mineral Development Corp. Ltd. | 465476 | 1665670 |
|  | Gujarat Narmada Valley Fertilizers & Chemicals Ltd. | 402037 | 2314361 |
|  | Gujarat Pipavav Port Ltd. | 1070950 | 1695454 |
|  | Gujarat State Fertilizers & Chemicals Ltd. | 1149247 | 2526712 |

---

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Gujarat State Petronet Ltd. | 1318554 | $4985621 |
|  \* | Hathway Cable & Datacom Ltd. | 1235974 | 196702 |
|  | HDFC Bank Ltd. | 6941244 | 157261718 |
|  | HEG Ltd. | 226916 | 1246621 |
|  | HeidelbergCement India Ltd. | 316649 | 714809 |
|  | Hero MotoCorp Ltd. (HMCL IN) | 258914 | 11757178 |
|  | HFCL Ltd. | 139699 | 130442 |
|  | HG Infra Engineering Ltd. | 16921 | 215195 |
|  | Hikal Ltd. | 201147 | 921611 |
|  | Himadri Speciality Chemical Ltd. | 516060 | 2660473 |
|  | Himatsingka Seide Ltd. | 124652 | 206360 |
|  | Hindalco Industries Ltd. | 5374303 | 39460525 |
|  | Hinduja Global Solutions Ltd. | 89011 | 515369 |
|  | Huhtamaki India Ltd. | 17392 | 39319 |
|  | ICICI Bank Ltd. (IBN US), Sponsored ADR | 886331 | 29745264 |
|  \* | IDFC First Bank Ltd. | 17389059 | 13385699 |
|  | IIFL Capital Services Ltd. | 1013108 | 2645962 |
|  \* | IIFL Finance Ltd. | 712214 | 3015640 |
|  \* | India Cements Ltd. | 178846 | 652061 |
|  | India Glycols Ltd. | 75772 | 1245021 |
|  | India Nippon Electricals Ltd. | 6634 | 46729 |
|  | Indian Bank | 606492 | 4032048 |
|  | Indian Hume Pipe Co. Ltd. | 1970 | 8874 |
|  | Indian Metals & Ferro Alloys Ltd. | 7661 | 53538 |
|  W | Indian Railway Finance Corp. Ltd. | 577698 | 846901 |
|  | Indo Count Industries Ltd. | 272105 | 970629 |
|  | Indoco Remedies Ltd. | 11599 | 31625 |
|  \*W | IndoStar Capital Finance Ltd. | 11102 | 39280 |
|  \* | Indus Towers Ltd. | 3200759 | 15360639 |
|  | IndusInd Bank Ltd. | 1470462 | 14509996 |
|  | Infibeam Avenues Ltd. | 2280008 | 460873 |
|  | Info Edge India Ltd. | 112964 | 9439332 |
|  \* | Inox Green Energy Services Ltd. | 42744 | 70657 |
|  | Insecticides India Ltd. | 3569 | 29121 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | IOL Chemicals & Pharmaceuticals Ltd. | 515245 | $390997 |
|  | Ipca Laboratories Ltd. | 38656 | 633581 |
|  W | IRCON International Ltd. | 647991 | 1164712 |
|  | J Kumar Infraprojects Ltd. | 204190 | 1594136 |
|  | Jagran Prakashan Ltd. | 403692 | 345895 |
|  | Jai Corp. Ltd. | 50855 | 53425 |
|  \* | Jain Irrigation Systems Ltd. | 166812 | 104121 |
|  | Jammu & Kashmir Bank Ltd. | 1487514 | 1666790 |
|  | Jindal Poly Films Ltd. | 54978 | 411151 |
|  | Jindal Saw Ltd. | 1730521 | 5071329 |
|  | Jindal Stainless Ltd. | 743113 | 5103998 |
|  | Jindal Steel & Power Ltd. | 1907130 | 20190869 |
|  \* | Jio Financial Services Ltd. | 9844822 | 30249402 |
|  | JK Lakshmi Cement Ltd. | 247606 | 2251105 |
|  | JK Paper Ltd. | 431544 | 1601094 |
|  | JK Tyre & Industries Ltd. | 603077 | 2210804 |
|  | JM Financial Ltd. | 2405311 | 2858332 |
|  | JSW Energy Ltd. | 673885 | 3815959 |
|  | JSW Steel Ltd. | 3953683 | 48082447 |
|  | Jubilant Ingrevia Ltd. | 144357 | 1105776 |
|  | Jubilant Pharmova Ltd. | 431530 | 4514779 |
|  \* | Just Dial Ltd. | 42102 | 462157 |
|  | Kalpataru Projects International Ltd. | 434643 | 4969938 |
|  | Kalyani Steels Ltd. | 89042 | 732577 |
|  | Karnataka Bank Ltd. | 1019469 | 2365352 |
|  | Karur Vysya Bank Ltd. | 2348162 | 6051832 |
|  | Kaveri Seed Co. Ltd. | 88305 | 1493248 |
|  | KCP Ltd. | 105631 | 248461 |
|  \* | Kellton Tech Solutions Ltd. | 49784 | 62815 |
|  | Kirloskar Ferrous Industries Ltd. | 22923 | 124719 |
|  | Kirloskar Oil Engines Ltd. | 250982 | 2212497 |
|  | Kitex Garments Ltd. | 86430 | 246921 |
|  | KNR Constructions Ltd. | 633622 | 1632398 |
|  | Kolte-Patil Developers Ltd. | 100381 | 400964 |

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**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Kotak Mahindra Bank Ltd. | 318026 | $8288906 |
|  | KRBL Ltd. | 180644 | 666251 |
|  | Krsnaa Diagnostics Ltd. | 7889 | 68340 |
|  | L&T Finance Ltd. | 2844416 | 5527433 |
|  | Larsen & Toubro Ltd. | 1196955 | 47222609 |
|  | Laxmi Organic Industries Ltd. | 5925 | 12206 |
|  | LG Balakrishnan & Bros Ltd. | 52434 | 735520 |
|  | LIC Housing Finance Ltd. | 1726934 | 12263501 |
|  | LT Foods Ltd. | 900797 | 3682288 |
|  | Lumax Auto Technologies Ltd. | 34557 | 212459 |
|  | Lupin Ltd. | 470035 | 11667761 |
|  | LUX Industries Ltd. | 3036 | 49212 |
|  | Maharashtra Seamless Ltd. | 294087 | 2272419 |
|  | Mahindra & Mahindra Financial Services Ltd. | 2611740 | 8083983 |
|  | Mahindra & Mahindra Ltd. | 1903138 | 65729010 |
|  | Mahindra Lifespace Developers Ltd. | 16964 | 68747 |
|  | Maithan Alloys Ltd. | 18330 | 200975 |
|  \* | Man Industries India Ltd. | 25380 | 82105 |
|  | Manali Petrochemicals Ltd. | 16892 | 10758 |
|  | Manappuram Finance Ltd. | 2320125 | 6322328 |
|  | Marksans Pharma Ltd. | 1023538 | 2641118 |
|  | Maruti Suzuki India Ltd. | 68330 | 9873166 |
|  W | MAS Financial Services Ltd. | 18255 | 57606 |
|  | Mastek Ltd. | 9047 | 224615 |
|  \* | Max Estates Ltd. | 16842 | 81448 |
|  | Mayur Uniquoters Ltd. | 27479 | 149669 |
|  \* | Meghmani Organics Ltd. | 554401 | 445735 |
|  | MM Forgings Ltd. | 4761 | 19166 |
|  | MOIL Ltd. | 345476 | 1289367 |
|  | Monte Carlo Fashions Ltd. | 32064 | 216653 |
|  \* | Morepen Laboratories Ltd. | 240825 | 170805 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Motilal Oswal Financial Services Ltd. | 74112 | $571738 |
|  | MRF Ltd. | 7135 | 11328894 |
|  | Muthoot Finance Ltd. | 131122 | 3362500 |
|  | Natco Pharma Ltd. | 64934 | 653056 |
|  | National Aluminium Co. Ltd. | 4301911 | 7951340 |
|  | National Fertilizers Ltd. | 448882 | 446290 |
|  | Nava Ltd. | 659778 | 3552027 |
|  | Navneet Education Ltd. | 99277 | 167322 |
|  | NCC Ltd. | 2173014 | 5433325 |
|  | NESCO Ltd. | 33043 | 367724 |
|  | Neuland Laboratories Ltd. | 5458 | 772202 |
|  | NIIT Learning Systems Ltd. | 433276 | 1909708 |
|  | NIIT Ltd. | 437883 | 668234 |
|  | Nilkamal Ltd. | 35747 | 678091 |
|  | NMDC Ltd. | 10397661 | 7958257 |
|  \* | NMDC Steel Ltd. | 2233783 | 929500 |
|  | NOCIL Ltd. | 380975 | 790818 |
|  | NRB Bearings Ltd. | 106464 | 273514 |
|  | Nucleus Software Exports Ltd. | 20834 | 213748 |
|  | Oberoi Realty Ltd. | 250645 | 4853833 |
|  \* | Odigma Consultancy Solutions Ltd. | 7808 | 3365 |
|  \* | Onesource Specialty Pharma Ltd. | 158807 | 3038016 |
|  | Orient Cement Ltd. | 636362 | 2624800 |
|  \* | Orient Green Power Co. Ltd. | 1105168 | 160624 |
|  | Panama Petrochem Ltd. | 61017 | 264220 |
|  W | Parag Milk Foods Ltd., Class F | 84140 | 179125 |
|  \* | Patel Engineering Ltd. | 1205074 | 610241 |
|  | PCBL Chemical Ltd. | 852804 | 3608998 |
|  \* | Pennar Industries Ltd. | 93337 | 202361 |
|  | Petronet LNG Ltd. | 3739500 | 13863408 |
|  | Piramal Enterprises Ltd. | 281593 | 3209722 |
|  | Piramal Pharma Ltd. | 1687208 | 4215630 |
|  | PIX Transmissions Ltd. | 658 | 11282 |
|  \*W | PNB Housing Finance Ltd. | 440913 | 5286996 |
|  | PNC Infratech Ltd. | 384557 | 1206410 |
|  | Pokarna Ltd. | 1170 | 12496 |
|  | Polyplex Corp. Ltd. | 103742 | 1496845 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Power Finance Corp. Ltd. | 6354839 | $30638816 |
|  | Power Mech Projects Ltd. | 13818 | 431551 |
|  | Prakash Industries Ltd. | 451790 | 918230 |
|  | Prakash Pipes Ltd. | 6854 | 33377 |
|  | Prestige Estates Projects Ltd. | 475326 | 7683634 |
|  \* | PTC India Financial Services Ltd. | 1182616 | 446278 |
|  | PTC India Ltd. | 1137852 | 2376863 |
|  | Punjab National Bank | 6093734 | 7203057 |
|  \* | PVR Inox Ltd. | 12816 | 142088 |
|  W | Quess Corp. Ltd. | 45222 | 175745 |
|  | Rain Industries Ltd. | 759235 | 1263307 |
|  \* | Rajesh Exports Ltd. | 158482 | 338854 |
|  | Rallis India Ltd. | 368604 | 1033040 |
|  | Ramco Cements Ltd. | 116351 | 1297005 |
|  | Ramco Industries Ltd. | 89764 | 243913 |
|  \* | Ramky Infrastructure Ltd. | 5957 | 32875 |
|  | Rane Holdings Ltd. | 4370 | 66257 |
|  | Rashtriya Chemicals & Fertilizers Ltd. | 975347 | 1571418 |
|  \* | Raymond Lifestyle Ltd. | 133014 | 1512009 |
|  | Raymond Ltd. | 166268 | 2990863 |
|  W | RBL Bank Ltd. | 1770101 | 4169229 |
|  | REC Ltd. | 7646370 | 37954218 |
|  | Redington Ltd. | 3478812 | 10080880 |
|  | Redtape Ltd. | 215564 | 336127 |
|  | Reliance Industries Ltd. (RIL IN) | 21851121 | 360240721 |
|  \* | Reliance Power Ltd. | 8487744 | 4008346 |
|  | Repco Home Finance Ltd. | 201526 | 953429 |
|  | Rico Auto Industries Ltd. | 168820 | 127144 |
|  | RITES Ltd. | 119262 | 317581 |
|  | Rossari Biotech Ltd. | 7208 | 55861 |
|  | Route Mobile Ltd. | 2445 | 27537 |
|  \* | RPSG Ventures Ltd. | 2084 | 20023 |
|  \* | RSWM Ltd. | 19061 | 32631 |
|  | Rupa & Co. Ltd. | 13623 | 31568 |
|  | Sagar Cements Ltd. | 23347 | 58210 |
|  | Sammaan Capital Ltd. | 73432 | 105090 |
|  | Samvardhana Motherson International Ltd. | 7624367 | 12001587 |
|  | Sandhar Technologies Ltd. | 10650 | 46501 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Sandur Manganese & Iron Ores Ltd. | 10443 | $56380 |
|  | Sanghvi Movers Ltd. | 53054 | 166103 |
|  | Sarda Energy & Minerals Ltd. | 200161 | 1074190 |
|  | Sasken Technologies Ltd. | 7505 | 134800 |
|  \* | Satin Creditcare Network Ltd. | 17437 | 33916 |
|  | Savita Oil Technologies Ltd. | 19237 | 84353 |
|  \* | Selan Exploration Technology Ltd. | 1207 | 7547 |
|  | Seshasayee Paper & Boards Ltd. | 83170 | 266074 |
|  W | SH Kelkar & Co. Ltd. | 106844 | 251186 |
|  | Shalby Ltd. | 7180 | 15922 |
|  | Shankara Building Products Ltd. | 5132 | 36758 |
|  | Sharda Cropchem Ltd. | 53902 | 348597 |
|  \* | Sheela Foam Ltd. | 1361 | 10323 |
|  \* | Shilpa Medicare Ltd. | 2879 | 21952 |
|  | Shipping Corp. of India Land & Assets Ltd. | 839608 | 473114 |
|  | Shipping Corp. of India Ltd. | 866425 | 1815578 |
|  | Shree Cement Ltd. | 1128 | 396962 |
|  | Shriram Finance Ltd. | 4806255 | 34675795 |
|  | Shriram Pistons & Rings Ltd. | 1349 | 28767 |
|  | Shyam Metalics & Energy Ltd. | 6859 | 69493 |
|  | Siyaram Silk Mills Ltd. | 30146 | 235711 |
|  | Sobha Ltd. | 64895 | 1017753 |
|  | Somany Ceramics Ltd. | 6442 | 32122 |
|  | South Indian Bank Ltd. | 6471133 | 1967026 |
|  \* | SP Apparels Ltd. | 1135 | 9794 |
|  \* | Spandana Sphoorty Financial Ltd. | 30589 | 99331 |
|  \* | Star Cement Ltd. | 97335 | 252716 |
|  | State Bank of India (SBIN IN) | 7873800 | 73440228 |
|  | State Bank of India (SBKFF US), GDR | 19590 | 1825788 |
|  | Steel Authority of India Ltd. | 3994477 | 5353263 |
|  | Strides Pharma Science Ltd. | 328728 | 2501248 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Sun Pharmaceutical Industries Ltd. (SUNP IN) | 1617777 | $34882326 |
|  | Sun TV Network Ltd. | 346963 | 2542669 |
|  | Sundaram-Clayton Ltd. | 2169 | 50828 |
|  \* | Sunflag Iron & Steel Co. Ltd. | 44313 | 122216 |
|  | Sunteck Realty Ltd. | 173757 | 824335 |
|  | Supriya Lifescience Ltd. | 2683 | 20508 |
|  | Surya Roshni Ltd. | 300912 | 911337 |
|  \* | Suryoday Small Finance Bank Ltd. | 19566 | 29524 |
|  | TAJGVK Hotels & Resorts Ltd. | 7970 | 38422 |
|  | Talbros Automotive Components Ltd. | 6039 | 17847 |
|  | Tamil Nadu Newsprint & Papers Ltd. | 49367 | 77064 |
|  | Tamilnad Mercantile Bank Ltd. | 2918 | 15132 |
|  \* | TARC Ltd. | 215517 | 394025 |
|  | Tata Chemicals Ltd. | 757897 | 7483064 |
|  | Tata Consumer Products Ltd. | 596334 | 8187542 |
|  | Tata Motors Ltd. | 3984781 | 30331445 |
|  | Tata Steel Ltd. | 25109152 | 41638505 |
|  | Tech Mahindra Ltd. | 67222 | 1191669 |
|  | Techno Electric & Engineering Co. Ltd. | 69080 | 866806 |
|  \*†† | Teledata Marine Solutions Ltd. | 267258 | 0 |
|  | Texmaco Rail & Engineering Ltd. | 11168 | 17827 |
|  | Thirumalai Chemicals Ltd. | 109346 | 319809 |
|  | Thomas Cook India Ltd. | 13324 | 21165 |
|  | Time Technoplast Ltd. | 704098 | 2795313 |
|  | Tourism Finance Corp. of India Ltd. | 6216 | 14578 |
|  | TransIndia Real Estate Ltd. | 406354 | 161738 |
|  | Transport Corp. of India Ltd. | 126919 | 1559493 |
|  | Trident Ltd. | 467226 | 147782 |
|  | Triveni Engineering & Industries Ltd. | 490030 | 2370016 |
|  | TV Today Network Ltd. | 28231 | 55329 |
|  | TVS Holdings Ltd. | 1699 | 182767 |
|  | TVS Srichakra Ltd. | 7560 | 255103 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDIA — (Continued) | INDIA — (Continued) |  |  |
|  | Uflex Ltd. | 196398 | $1285551 |
|  \* | Ugro Capital Ltd. | 9757 | 20130 |
|  W | Ujjivan Small Finance Bank Ltd. | 1335380 | 671422 |
|  \* | Unichem Laboratories Ltd. | 148098 | 1053960 |
|  | Union Bank of India Ltd. | 1395941 | 2071220 |
|  | Universal Cables Ltd. | 1218 | 6355 |
|  \* | UPL Ltd. | 1608696 | 12308568 |
|  | Usha Martin Ltd. | 404964 | 1390496 |
|  \* | VA Tech Wabag Ltd. | 180911 | 2763381 |
|  | Vardhman Textiles Ltd. | 702522 | 3751409 |
|  | Vedanta Ltd. | 1922301 | 9499699 |
|  | Veedol Corporation Ltd. | 12943 | 224786 |
|  | Venky's India Ltd. | 16674 | 332412 |
|  | Vindhya Telelinks Ltd. | 23855 | 375771 |
|  | Vishnu Chemicals Ltd. | 8290 | 41624 |
|  \* | VL E-Governance & IT Solutions Ltd. | 9187 | 5222 |
|  \* | Vodafone Idea Ltd. | 4085048 | 344070 |
|  | Voltamp Transformers Ltd. | 1334 | 115265 |
|  | Welspun Corp. Ltd. | 639903 | 5791867 |
|  | Welspun Enterprises Ltd. | 422254 | 2365480 |
|  | Welspun Living Ltd. | 964531 | 1439667 |
|  | West Coast Paper Mills Ltd. | 190670 | 1006664 |
|  | Wipro Ltd. | 7769633 | 22126458 |
|  \* | Wockhardt Ltd. | 57359 | 881689 |
|  \* | Yes Bank Ltd. | 24882852 | 5219721 |
|  | Zee Entertainment Enterprises Ltd. | 2442135 | 3056179 |
|  | Zensar Technologies Ltd. | 308505 | 2634500 |
|  | Zydus Lifesciences Ltd. | 274482 | 2880540 |
|  | Zydus Wellness Ltd. | 12400 | 258207 |
|  TOTAL INDIA | TOTAL INDIA |  | 2097990879 |
|  INDONESIA — (1.3%) | INDONESIA — (1.3%) |  |  |
|  | ABM Investama Tbk. PT | 1750100 | 350236 |
|  \* | Adaro Minerals Indonesia Tbk. PT | 1606800 | 87188 |
|  | Adi Sarana Armada Tbk. PT | 3873300 | 160183 |
|  \* | Alam Sutera Realty Tbk. PT | 40620600 | 313428 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  | Alamtri Resources Indonesia Tbk. PT | 81977800 | $9390564 |
|  | Aneka Tambang Tbk. PT | 28082400 | 3670521 |
|  | Aspirasi Hidup Indonesia Tbk. PT | 26355100 | 848521 |
|  | Astra Agro Lestari Tbk. PT | 2489666 | 891986 |
|  | Astra International Tbk. PT | 85489800 | 24708769 |
|  | Astra Otoparts Tbk. PT | 2237900 | 293925 |
|  \*†† | Bakrie Telecom Tbk. PT | 160430200 | 0 |
|  | Bank BTPN Syariah Tbk. PT | 5879700 | 419779 |
|  | Bank Negara Indonesia Persero Tbk. PT | 36883382 | 9294579 |
|  | Bank OCBC Nisp Tbk. PT | 6499200 | 510841 |
|  \* | Bank Pan Indonesia Tbk. PT | 47387801 | 4591969 |
|  | Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk. PT | 14723084 | 767551 |
|  \* | Bank Pembangunan Daerah Jawa Timur Tbk. PT | 14974500 | 468940 |
|  | Bank Tabungan Negara Persero Tbk. PT | 26825915 | 1705261 |
|  | BISI International Tbk. PT | 9253500 | 563307 |
|  | Blue Bird Tbk. PT | 497500 | 51915 |
|  \* | Buana Lintas Lautan Tbk. PT | 38128100 | 268762 |
|  \* | Bukalapak.com Tbk. PT | 106878900 | 935039 |
|  | Bukit Asam Tbk. PT | 21366300 | 3553183 |
|  | Buma Internasional Grup Tbk. PT | 20898100 | 506530 |
|  \* | Bumi Resources Minerals Tbk. PT | 137407900 | 3168118 |
|  \* | Bumi Resources Tbk. PT | 154865400 | 997042 |
|  \* | Bumi Serpong Damai Tbk. PT | 17391900 | 906208 |
|  | Ciputra Development Tbk. PT | 58089578 | 3220121 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  \* | City Retail Developments Tbk. PT | 1000000 | $7296 |
|  | Dayamitra Telekomunikasi PT | 35627700 | 1329784 |
|  | Dharma Satya Nusantara Tbk. PT | 14424900 | 665031 |
|  | Elang Mahkota Teknologi Tbk. PT | 35676700 | 1152457 |
|  | Elnusa Tbk. PT | 20390500 | 567644 |
|  \* | Energi Mega Persada Tbk. PT | 3036000 | 35318 |
|  | Erajaya Swasembada Tbk. PT | 48693800 | 1364801 |
|  | ESSA Industries Indonesia Tbk. PT | 22876400 | 833798 |
|  | Gajah Tunggal Tbk. PT | 8135800 | 539415 |
|  \* | Gudang Garam Tbk. PT | 1732600 | 1045786 |
|  \* | Harum Energy Tbk. PT | 2354700 | 108612 |
|  | Indah Kiat Pulp & Paper Tbk. PT | 13993200 | 4344711 |
|  | Indika Energy Tbk. PT | 9891400 | 861661 |
|  | Indo Tambangraya Megah Tbk. PT | 2296400 | 3044149 |
|  | Indocement Tunggal Prakarsa Tbk. PT | 4181900 | 1348033 |
|  | Indofood Sukses Makmur Tbk. PT | 24262000 | 11703311 |
|  \* | Intiland Development Tbk. PT | 3004100 | 27855 |
|  | Japfa Comfeed Indonesia Tbk. PT | 30788850 | 3377974 |
|  | Jaya Real Property Tbk. PT | 43375300 | 1856146 |
|  \* | Kawasan Industri Jababeka Tbk. PT | 140107456 | 1460787 |
|  | KMI Wire & Cable Tbk. PT | 9076600 | 214799 |
|  \* | Lippo Cikarang Tbk. PT | 341910 | 10703 |
|  \* | Lippo Karawaci Tbk. PT | 178172262 | 988610 |
|  \* | Malindo Feedmill Tbk. PT | 929900 | 43938 |
|  | Medco Energi Internasional Tbk. PT | 37057632 | 2344408 |
|  \* | Media Nusantara Citra Tbk. PT | 29904000 | 472675 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  \* | Merdeka Battery Materials Tbk. PT | 6046700 | $113199 |
|  | Metrodata Electronics Tbk. PT | 5280550 | 177970 |
|  | Mitra Adiperkasa Tbk. PT | 4752600 | 391294 |
|  | Mitra Pinasthika Mustika Tbk. PT | 5317000 | 330459 |
|  | Pabrik Kertas Tjiwi Kimia Tbk. PT | 5585800 | 1725434 |
|  | Pakuwon Jati Tbk. PT | 28955800 | 665567 |
|  \* | Panin Financial Tbk. PT | 65508700 | 1524355 |
|  \* | Paninvest Tbk. PT | 6451100 | 412578 |
|  | Perusahaan Perkebunan London Sumatra Indonesia Tbk. PT | 14682784 | 1034798 |
|  \* | PP Persero Tbk. PT | 7134900 | 175058 |
|  \* | Puradelta Lestari Tbk. PT | 2516000 | 26352 |
|  | Salim Ivomas Pratama Tbk. PT | 15497500 | 384546 |
|  | Sampoerna Agro Tbk. PT | 6762241 | 949071 |
|  | Samudera Indonesia Tbk. PT | 15008200 | 229781 |
|  \* | Sarana Meditama Metropolitan Tbk. PT | 563000 | 10453 |
|  | Sarana Menara Nusantara Tbk. PT | 15874000 | 544817 |
|  | Sawit Sumbermas Sarana Tbk. PT | 2044900 | 192340 |
|  | Semen Indonesia Persero Tbk. PT | 11060051 | 1743248 |
|  | Siloam International Hospitals Tbk. PT | 1163400 | 182139 |
|  | Sinar Mas Agro Resources & Technology Tbk. PT | 307500 | 68017 |
|  \*†† | Sri Rejeki Isman Tbk. PT | 63289500 | 104370 |
|  | Summarecon Agung Tbk. PT | 50034000 | 1300492 |
|  | Surya Citra Media Tbk. PT | 34301500 | 422026 |
|  | Surya Semesta Internusa Tbk. PT | 26219100 | 1333842 |
|  \*†† | Suryainti Permata Tbk. PT | 17378000 | 0 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  INDONESIA — (Continued) | INDONESIA — (Continued) |  |  |
|  | Tempo Scan Pacific Tbk. PT | 1453500 | $231218 |
|  \* | Timah Tbk. PT | 11851400 | 849321 |
|  \*†† | Trada Alam Minera Tbk. PT | 188544700 | 0 |
|  \* | Trias Sentosa Tbk. PT | 327300 | 9756 |
|  | Trimegah Bangun Persada Tbk. PT | 1383800 | 58299 |
|  | Triputra Agro Persada PT | 3772400 | 221702 |
|  | Tunas Baru Lampung Tbk. PT | 14832000 | 616652 |
|  | Unggul Indah Cahaya Tbk. PT | 288335 | 127470 |
|  | United Tractors Tbk. PT | 8687400 | 11872369 |
|  \* | Vale Indonesia Tbk. PT | 9838119 | 1474967 |
|  \* | Waskita Beton Precast Tbk. PT | 2786700 | 2558 |
|  \*†† | Waskita Karya Persero Tbk. PT | 25152582 | 57396 |
|  \* | Wijaya Karya Persero Tbk. PT | 11988700 | 147331 |
|  | XLSMART Telecom Sejahtera Tbk. PT | 24131903 | 3124280 |
|  TOTAL INDONESIA | TOTAL INDONESIA |  | 145229693 |
|  KUWAIT — (0.7%) | KUWAIT — (0.7%) |  |  |
|  | A'ayan Leasing & Investment Co. KSCP | 3265456 | 1727517 |
|  \* | Acico Industries Co. KSCP | 678290 | 154106 |
|  | Agility Public Warehousing Co. KSCP | 6186175 | 5312844 |
|  | Al Ahli Bank of Kuwait KSCP | 2526204 | 2502945 |
|  | Al-Eid Food KSC | 82073 | 62152 |
|  | Arzan Financial Group for Financing & Investment KPSC | 4155143 | 3990347 |
|  \* | Asiya Capital Investments Co. KSCP | 164564 | 19109 |
|  | Boubyan Petrochemicals Co. KSCP | 1481892 | 3359834 |
|  | Burgan Bank SAK | 2957356 | 2175466 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  KUWAIT — (Continued) | KUWAIT — (Continued) |  |  |
|  | Combined Group Contracting Co. SAK | 361500 | $764426 |
|  | Gulf Bank KSCP | 10525102 | 11551720 |
|  | Gulf Cables & Electrical Industries Group Co. KSCP | 162241 | 1195063 |
|  | Heavy Engineering & Ship Building Co. KSCP | 27515 | 83421 |
|  | Integrated Holding Co. KCSC | 293266 | 546176 |
|  | KAMCO Investment Co. KSC | 74207 | 28867 |
|  \* | Kuwait Cement Co. KSC | 165971 | 132301 |
|  | Kuwait Financial Centre SAK | 88586 | 40570 |
|  | Kuwait International Bank KSCP | 4703736 | 3476928 |
|  | Kuwait Investment Co. SAK | 179065 | 100687 |
|  | Mezzan Holding Co. KSCC | 288652 | 899188 |
|  | Mobile Telecommunications Co. KSCP | 7799852 | 12048316 |
|  | National Bank of Kuwait SAKP | 2199206 | 6839337 |
|  \* | National Consumer Holding Co. SAK | 1116928 | 426003 |
|  | National Industries Group Holding SAK | 6309340 | 5131418 |
|  | National Investments Co. KSCP | 1775351 | 1433690 |
|  | Specialities Group Holding Co. KSCC | 142322 | 78032 |
|  \* | Warba Bank KSCP | 11095382 | 8044749 |
|  TOTAL KUWAIT | TOTAL KUWAIT |  | 72125212 |
|  MALAYSIA — (1.5%) | MALAYSIA — (1.5%) |  |  |
|  | Aeon Co. M Bhd. | 2052800 | 697789 |
|  # | AFFIN Bank Bhd. | 8430746 | 5172918 |
|  | Alliance Bank Malaysia Bhd. | 4924600 | 4996807 |
|  | Allianz Malaysia Bhd. | 107900 | 461153 |
|  # | AMMB Holdings Bhd. (AMM MK) | 7834962 | 9373861 |
|  # | Axiata Group Bhd. | 3881900 | 1889299 |
|  # | Bank Islam Malaysia Bhd. | 1797507 | 1021253 |
|  | Batu Kawan Bhd. | 1621150 | 7110894 |
|  \* | Berjaya Corp. Bhd. | 13034214 | 890583 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |  |
|  #\* | Berjaya Land Bhd. | 5491800 | $369340 |
|  #\* | Bumi Armada Bhd. | 13388700 | 1521502 |
|  | Cahya Mata Sarawak Bhd. | 2273200 | 496231 |
|  | Cape Ems Bhd. | 529700 | 30131 |
|  | CB Industrial Product Holding Bhd. | 905400 | 226319 |
|  # | CIMB Group Holdings Bhd. | 18673856 | 30847423 |
|  #\* | Dagang NeXchange Bhd. | 162900 | 9812 |
|  # | Dayang Enterprise Holdings Bhd. | 49400 | 19721 |
|  # | Dialog Group Bhd. | 221300 | 74937 |
|  # | DRB-Hicom Bhd. | 4126100 | 798549 |
|  # | Eastern & Oriental Bhd. | 1315900 | 240863 |
|  # | Eco World Development Group Bhd. | 4326900 | 1886815 |
|  \* | Ekovest Bhd. | 2375800 | 170759 |
|  # | Genting Bhd. | 7784000 | 5778789 |
|  # | Genting Malaysia Bhd. | 9599300 | 3817770 |
|  | Genting Plantations Bhd. | 245900 | 275455 |
|  # | HAP Seng Consolidated Bhd. | 357282 | 228824 |
|  | Hiap Teck Venture Bhd. | 6153400 | 399442 |
|  # | Hibiscus Petroleum Bhd. | 1772400 | 637144 |
|  # | Hong Leong Financial Group Bhd. | 1316534 | 5239484 |
|  | Hong Leong Industries Bhd. | 29600 | 93114 |
|  | IGB Bhd. | 3022296 | 1905515 |
|  # | IJM Corp. Bhd. | 9738718 | 5129443 |
|  | Insas Bhd. | 2172300 | 456676 |
|  # | IOI Properties Group Bhd. | 5148525 | 2185707 |
|  \* | Iskandar Waterfront City Bhd. | 976100 | 82774 |
|  | JAKS Resources Bhd. | 42500 | 943 |
|  | Jaya Tiasa Holdings Bhd. | 2431633 | 620055 |
|  # | Keck Seng Malaysia Bhd. | 740900 | 912573 |
|  \* | KNM Group Bhd. | 3743890 | 34625 |
|  # | Kossan Rubber Industries Bhd. | 215500 | 91512 |
|  #\* | KSL Holdings Bhd. | 1567951 | 565759 |
|  | Kumpulan Fima Bhd. | 552500 | 291854 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |  |
|  | Land & General Bhd. | 9171720 | $224389 |
|  | LBS Bina Group Bhd. | 3741134 | 433437 |
|  # | Leong Hup International Bhd. | 2019300 | 292471 |
|  | Magnum Bhd. | 4030445 | 1163491 |
|  # | Mah Sing Group Bhd. | 6504762 | 1762691 |
|  | Malayan Cement Bhd. | 22200 | 25727 |
|  # | Malayan Flour Mills Bhd. | 3500275 | 409328 |
|  | Malaysian Resources Corp. Bhd. | 9433247 | 1007578 |
|  | Matrix Concepts Holdings Bhd. | 2445525 | 806092 |
|  | MBM Resources Bhd. | 769903 | 1017618 |
|  # | MBSB Bhd. | 9539243 | 1582245 |
|  | Mega First Corp. Bhd. | 548000 | 503693 |
|  # | MISC Bhd. | 4074104 | 7084338 |
|  # | MKH Bhd. | 1797378 | 425707 |
|  | MKH Oil Palm East Kalimantan Bhd. | 268982 | 38668 |
|  # | MNRB Holdings Bhd. | 2006779 | 945382 |
|  \* | Muhibbah Engineering M Bhd. | 2389100 | 339071 |
|  | OCK Group Bhd. | 213300 | 21028 |
|  # | Oriental Holdings Bhd. | 2554379 | 4135628 |
|  # | OSK Holdings Bhd. | 6539006 | 2580151 |
|  | Pantech Group Holdings Bhd. | 2076194 | 351472 |
|  # | Paramount Corp. Bhd. | 1615055 | 393215 |
|  # | Perak Transit Bhd. | 459100 | 76097 |
|  | Petron Malaysia Refining & Marketing Bhd. | 234000 | 178314 |
|  # | Petronas Chemicals Group Bhd. | 1553700 | 1325728 |
|  | PPB Group Bhd. | 1925439 | 5547851 |
|  | RHB Bank Bhd. | 7326108 | 11300247 |
|  \* | Sapura Energy Bhd. | 39709700 | 365817 |
|  # | Sarawak Oil Palms Bhd. | 1127200 | 789934 |
|  # | Sime Darby Bhd. | 13526600 | 6518840 |
|  | Sime Darby Property Bhd. | 7330900 | 2105577 |
|  | SP Setia Bhd. Group | 6527473 | 1662385 |
|  # | Suria Capital Holdings Bhd. | 793880 | 288190 |
|  # | Ta Ann Holdings Bhd. | 934526 | 862722 |
|  \* | Top Glove Corp. Bhd. | 2958700 | 603104 |
|  #\* | Tropicana Corp. Bhd. | 4292661 | 1176965 |
|  | TSH Resources Bhd. | 807000 | 204002 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MALAYSIA — (Continued) | MALAYSIA — (Continued) |  |  |
|  | UEM Sunrise Bhd. | 4000745 | $667305 |
|  | United Malacca Bhd. | 810700 | 948705 |
|  # | UOA Development Bhd. | 9629800 | 3755963 |
|  # | Velesto Energy Bhd. | 16539528 | 594499 |
|  | VS Industry Bhd. | 108400 | 19758 |
|  #\* | WCT Holdings Bhd. | 2599324 | 398988 |
|  # | Yinson Holdings Bhd. | 2358242 | 1022122 |
|  | YTL Corp. Bhd. | 1791300 | 796669 |
|  TOTAL MALAYSIA | TOTAL MALAYSIA |  | 163807619 |
|  MEXICO — (2.3%) | MEXICO — (2.3%) |  |  |
|  | Alfa SAB de CV, Class A | 26730306 | 19396357 |
|  # | Alpek SAB de CV | 693549 | 350833 |
|  W | Banco del Bajio SA | 1665034 | 3995640 |
|  | Cemex SAB de CV (CEMEXCPO MM) | 4497186 | 2781717 |
|  | Cemex SAB de CV (CX US), Sponsored ADR | 3267721 | 20161835 |
|  #\* | Controladora Alpek SAB de CV | 26730306 | 4198228 |
|  \* | Controladora AXTEL SAB de CV | 23823748 | 775072 |
|  | Corp. Actinver SAB de CV | 89268 | 84213 |
|  | Corp. Interamericana de Entretenimiento SAB de CV, Class B | 814693 | 1400023 |
|  | Cydsa SAB de CV | 5874 | 5691 |
|  \* | Dine SAB de CV | 993273 | 1088976 |
|  | El Puerto de Liverpool SAB de CV, Class C1 | 542340 | 2497577 |
|  | Fomento Economico Mexicano SAB de CV (FEMSAUBD MM) | 76982 | 809409 |
|  | Fomento Economico Mexicano SAB de CV (FMX US), Sponsored ADR | 57676 | 6073859 |
|  | GCC SAB de CV | 465988 | 3915530 |
|  | Genomma Lab Internacional SAB de CV, Class B | 1722601 | 2013310 |
|  | Gentera SAB de CV | 3451157 | 6016933 |
|  # | Grupo Bimbo SAB de CV | 88123 | 268137 |
|  | Grupo Carso SAB de CV | 2165162 | 15057484 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  MEXICO — (Continued) | MEXICO — (Continued) |  |  |
|  | Grupo Comercial Chedraui SA de CV | 621134 | $4012404 |
|  | Grupo Financiero Banorte SAB de CV, Class O | 3710530 | 31815899 |
|  \* | Grupo Financiero Inbursa SAB de CV, Class O | 5491472 | 14116168 |
|  \* | Grupo Gigante SAB de CV | 471076 | 667801 |
|  | Grupo Industrial Saltillo SAB de CV | 1302785 | 1195795 |
|  | Grupo Mexico SAB de CV | 7225477 | 37493411 |
|  \* | Grupo Posadas SAB de CV | 83522 | 117124 |
|  \* | Grupo Simec SAB de CV (SIMECB MM) | 689708 | 6256804 |
|  # | Grupo Televisa SAB (TV US), Sponsored ADR | 417317 | 759517 |
|  #\*W | Grupo Traxion SAB de CV | 85118 | 71487 |
|  \* | Industrias CH SAB de CV | 1746445 | 15673967 |
|  \* | Industrias Penoles SAB de CV | 505357 | 10127240 |
|  | KUO SAB de CV | 1904343 | 4127104 |
|  # | La Comer SAB de CV | 2894005 | 5417451 |
|  | Megacable Holdings SAB de CV | 1304256 | 3172434 |
|  \* | Minera Frisco SAB de CV, Class A1 | 4992429 | 863024 |
|  #\*W | Nemak SAB de CV | 8184348 | 1193607 |
|  # | Orbia Advance Corp. SAB de CV | 3977812 | 2685614 |
|  | Organizacion Cultiba SAB de CV | 133186 | 76066 |
|  #\* | Organizacion Soriana SAB de CV, Class B | 13596595 | 18026642 |
|  | Promotora y Operadora de Infraestructura SAB de CV (PINFRA MM) | 574258 | 6425610 |
|  | Regional SAB de CV | 259183 | 1822561 |
|  \* | Vitro SAB de CV | 735822 | 257212 |
|  TOTAL MEXICO | TOTAL MEXICO | TOTAL MEXICO | 257265766 |
|  PHILIPPINES — (0.7%) | PHILIPPINES — (0.7%) |  |  |
|  ACEN Corp. | ACEN Corp. | 4345200 | 207711 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |  |  |
|  \*†† | ACR Mining Corp. | 105455 | $0 |
|  | Alliance Global Group, Inc. | 13537806 | 1485283 |
|  | Apex Mining Co., Inc. | 678800 | 81636 |
|  \* | Atlas Consolidated Mining & Development Corp. | 3179600 | 244740 |
|  | Ayala Corp. | 295470 | 3171558 |
|  | Ayala Land, Inc. | 5703600 | 2558631 |
|  | BDO Unibank, Inc. | 1723067 | 4945305 |
|  | Belle Corp. | 4041000 | 104776 |
|  | Bloomberry Resorts Corp. | 1180000 | 72080 |
|  | China Banking Corp. | 7394692 | 12046955 |
|  | Cosco Capital, Inc. | 8865500 | 936794 |
|  | DMCI Holdings, Inc. | 10279600 | 1951911 |
|  | East West Banking Corp. | 1728600 | 341131 |
|  | Filinvest Development Corp. | 384400 | 30842 |
|  | Filinvest Land, Inc. | 40964978 | 571856 |
|  | Filinvest REIT Corp. | 9386576 | 534195 |
|  | First Philippine Holdings Corp. | 3175100 | 3324189 |
|  \* | Global Ferronickel Holdings, Inc. | 4843116 | 96131 |
|  | GT Capital Holdings, Inc. | 212127 | 1858948 |
|  | JG Summit Holdings, Inc. | 9568857 | 2907635 |
|  | LT Group, Inc. | 7987500 | 1699913 |
|  | Megaworld Corp. | 46669300 | 1489749 |
|  | Metropolitan Bank & Trust Co. | 7625242 | 10504951 |
|  | Petron Corp. | 11989900 | 504279 |
|  | Philcomsat Holdings Corp. | 497957 | 953655 |
|  | Philex Mining Corp. | 4429300 | 529748 |
|  | Philippine National Bank | 2767885 | 2379436 |
|  \*†† | Philippine National Construction Corp. | 398900 | 6563 |
|  | Philippine Savings Bank | 1761619 | 1837304 |
|  \*†† | Philtown Properties, Inc. | 6701 | 0 |
|  \*†† | Phoenix Petroleum Philippines, Inc. | 1259500 | 17588 |
|  | Puregold Price Club, Inc. | 1550700 | 886498 |
|  | RFM Corp. | 762400 | 56857 |
|  | Rizal Commercial Banking Corp. | 4608906 | 2157921 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |  |  |
|  | Robinsons Land Corp. | 12002708 | $2510362 |
|  | Robinsons Retail Holdings, Inc. | 791960 | 555581 |
|  | San Miguel Corp. | 4418706 | 6210612 |
|  | Security Bank Corp. | 1356644 | 1614226 |
|  \* | Top Frontier Investment Holdings, Inc. | 460522 | 453072 |
|  | Union Bank of the Philippines | 8426630 | 4872787 |
|  | Universal Robina Corp. | 148090 | 219378 |
|  | Vista Land & Lifescapes, Inc. | 25300968 | 755919 |
|  TOTAL PHILIPPINES | TOTAL PHILIPPINES | TOTAL PHILIPPINES | 77688706 |
|  POLAND — (1.1%) | POLAND — (1.1%) |  |  |
|  \* | Agora SA | 212417 | 556887 |
|  | Alior Bank SA | 458708 | 12429996 |
|  | Amica SA | 9232 | 151704 |
|  | Arctic Paper SA | 10901 | 44228 |
|  | Asseco Poland SA | 91419 | 3774914 |
|  | Bank Handlowy w Warszawie SA | 5468 | 170544 |
|  \* | Bank Millennium SA | 296899 | 1148523 |
|  | Bank Polska Kasa Opieki SA | 92336 | 4628030 |
|  | Boryszew SA | 290767 | 469654 |
|  #\* | Cognor Holding SA | 28557 | 56040 |
|  #\* | Cyfrowy Polsat SA | 823774 | 4040079 |
|  | Develia SA | 907544 | 1798494 |
|  \* | Enea SA | 1358404 | 5141066 |
|  | Inter Cars SA | 362 | 54678 |
|  \* | Jastrzebska Spolka Weglowa SA | 266488 | 1706881 |
|  | KGHM Polska Miedz SA | 487618 | 15565974 |
|  | Lubelski Wegiel Bogdanka SA | 6546 | 37756 |
|  | Mirbud SA | 39670 | 148841 |
|  | ORLEN SA | 2816001 | 50852322 |
|  \* | PGE Polska Grupa Energetyczna SA | 3642544 | 7955725 |
|  \* | PKP Cargo SA | 158817 | 669758 |
|  | Stalexport Autostrady SA | 176122 | 139707 |
|  \* | Tauron Polska Energia SA | 6238548 | 9790943 |
|  TOTAL POLAND | TOTAL POLAND | TOTAL POLAND | 121332744 |
|  QATAR — (0.7%) | QATAR — (0.7%) |  |  |
|  | Aamal Co. | 8152105 | 1859235 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  QATAR — (Continued) | QATAR — (Continued) |  |  |
|  | Al Khaleej Takaful Group QSC | 661880 | $434723 |
|  | Al Rayan Bank | 13916237 | 8545147 |
|  | Alijarah Holding Co. QPSC | 2221157 | 442669 |
|  | Baladna | 3197175 | 1064932 |
|  | Barwa Real Estate Co. | 7516055 | 5783841 |
|  | Commercial Bank PSQC | 9096503 | 10754605 |
|  | Doha Bank QPSC | 9287581 | 6022862 |
|  | Doha Insurance Co. QSC | 63045 | 42818 |
|  \* | Estithmar Holding QPSC | 3807178 | 2875840 |
|  | Gulf International Services QSC | 5507630 | 4664734 |
|  | Gulf Warehousing Co. | 1332609 | 1078252 |
|  | Lesha Bank LLC | 955697 | 363536 |
|  \* | Mazaya Real Estate Development QPSC | 4222543 | 695424 |
|  | Medicare Group | 924347 | 1161506 |
|  | Mesaieed Petrochemical Holding Co. | 11833573 | 4581660 |
|  | Ooredoo QPSC | 3550263 | 12648410 |
|  | Qatar Aluminum Manufacturing Co. | 880522 | 310322 |
|  | Qatar Fuel QSC | 241517 | 995009 |
|  | Qatar Industrial Manufacturing Co. QSC | 47636 | 32942 |
|  | Qatar Insurance Co. SAQ | 2814243 | 1504623 |
|  | Qatar National Cement Co. QSC | 853465 | 804169 |
|  | Qatar Navigation QSC | 2348249 | 7152903 |
|  | Salam International Investment Ltd. QSC | 5804018 | 1052751 |
|  | United Development Co. QSC | 7126384 | 2020272 |
|  | Vodafone Qatar QSC | 5649098 | 3660339 |
|  TOTAL QATAR | TOTAL QATAR | TOTAL QATAR | 80553524 |
|  RUSSIA — (0.0%) | RUSSIA — (0.0%) |  |  |
|  \*†† | Gazprom PJSC (OGZD LI), Sponsored ADR | 9630257 | 0 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  RUSSIA — (Continued) | RUSSIA — (Continued) |  |  |
|  \*†† | Gazprom PJSC (OGZPY US), Sponsored ADR | 18140 | $0 |
|  \*†† | Magnitogorsk Iron & Steel Works PJSC (MMK LI), GDR | 3296 | 0 |
|  \*†† | RusHydro PJSC (HYDR LI), ADR | 4402355 | 0 |
|  \*†† | Sberbank of Russia PJSC (SBER LI), Sponsored ADR | 31829 | 0 |
|  \*†† | VTB Bank PJSC (VTBR LI), GDR | 5107496 | 0 |
|  SAUDI ARABIA — (3.6%) | SAUDI ARABIA — (3.6%) |  |  |
|  | Al Babtain Power & Telecommunication Co. | 174163 | 2204249 |
|  \* | Al Hassan Ghazi Ibrahim Shaker Co. | 99762 | 819940 |
|  | Al Jouf Agricultural Development Co. | 53700 | 679409 |
|  \* | Al Jouf Cement Co. | 280969 | 739783 |
|  | Al-Etihad Cooperative Insurance Co. | 85246 | 345120 |
|  | AlJazira Takaful Ta'awuni Co. | 178099 | 666011 |
|  \* | Allianz Saudi Fransi Cooperative Insurance Co. | 101730 | 466523 |
|  | Almarai Co. JSC | 198102 | 2790471 |
|  \* | Alujain Corp. | 129117 | 1295218 |
|  \* | Amlak International Finance Co. | 11911 | 39294 |
|  | Arab National Bank | 3625149 | 20793614 |
|  \* | Arabia Insurance Cooperative Co. | 26804 | 89389 |
|  | Arabian Cement Co. | 265493 | 1799200 |
|  | Arabian Drilling Co. | 105065 | 2421374 |
|  \* | Arabian Shield Cooperative Insurance Co. | 111078 | 523161 |
|  | Arriyadh Development Co. | 126402 | 1156348 |
|  \* | ARTEX Industrial Investment Co. | 26094 | 92875 |
|  \* | Bank Al-Jazira | 2722763 | 9814428 |
|  | Banque Saudi Fransi | 4659686 | 22824715 |
|  \* | Basic Chemical Industries Ltd. | 60464 | 455659 |
|  | Bawan Co. | 4179 | 61456 |
|  | City Cement Co. | 341124 | 1842425 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |  |
|  \* | Dar Al Arkan Real Estate Development Co. | 2711484 | $15835203 |
|  | Eastern Province Cement Co. | 222019 | 1989637 |
|  \* | Emaar Economic City | 472565 | 1917481 |
|  | Etihad Etisalat Co. | 1753877 | 29381626 |
|  \* | Herfy Food Services Co. | 109645 | 717408 |
|  \* | Jazan Development & Investment Co. | 49568 | 154059 |
|  | L'Azurde Co. for Jewelry | 32894 | 115745 |
|  \* | Middle East Paper Co. | 48882 | 364274 |
|  | Mobile Telecommunications Co. Saudi Arabia | 2234960 | 7605935 |
|  \* | Najran Cement Co. | 377013 | 851074 |
|  \* | National Agriculture Development Co. | 173260 | 1028258 |
|  | National Co. for Glass Industries | 59152 | 716979 |
|  \* | National Industrialization Co. | 29000 | 71446 |
|  | Nayifat Finance Co. | 157133 | 536811 |
|  | Northern Region Cement Co. | 469680 | 1082552 |
|  | Qassim Cement Co. | 63375 | 892353 |
|  \* | Rabigh Refining & Petrochemical Co. | 908274 | 1724602 |
|  | Riyad Bank | 1572240 | 12906928 |
|  | Riyadh Cement Co. | 93079 | 842010 |
|  | SABIC Agri-Nutrients Co. | 25291 | 666231 |
|  | Sahara International Petrochemical Co. | 1645301 | 8340114 |
|  | Saudi Awwal Bank | 3968466 | 37134540 |
|  | Saudi Basic Industries Corp. | 2259523 | 36741336 |
|  \* | Saudi Ceramic Co. | 236498 | 1776493 |
|  | Saudi Industrial Investment Group | 698373 | 2816799 |
|  | Saudi Investment Bank | 2400795 | 9645535 |
|  \* | Saudi Kayan Petrochemical Co. | 3625162 | 5577545 |
|  \* | Saudi Marketing Co. | 85142 | 465325 |
|  | Saudi National Bank | 9884627 | 94180925 |
|  \* | Saudi Public Transport Co. | 56954 | 249725 |
|  | Saudi Telecom Co. | 1464701 | 18595501 |
|  \* | Savola Group | 214815 | 1794715 |

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |  |  |
|  | Scientific & Medical Equipment House Co. | 4594 | $49110 |
|  \* | Seera Group Holding | 887394 | 5792920 |
|  \* | Sinad Holding Co. | 240294 | 752359 |
|  | Southern Province Cement Co. | 15372 | 127312 |
|  | Sustained Infrastructure Holding Co. | 261072 | 2066025 |
|  | Tabuk Cement Co. | 307261 | 1011979 |
|  \* | Umm Al-Qura Cement Co. | 83787 | 402029 |
|  | United International Transportation Co. | 45715 | 900907 |
|  | Yamama Cement Co. | 671025 | 6511068 |
|  | Yanbu Cement Co. | 77909 | 453261 |
|  | Yanbu National Petrochemical Co. | 923269 | 7871597 |
|  TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA | 394578394 |
|  SINGAPORE — (0.1%) | SINGAPORE — (0.1%) |  |  |
|  W | BOC Aviation Ltd. | 545500 | 4088181 |
|  | China XLX Fertiliser Ltd. | 2216000 | 1275360 |
|  TOTAL SINGAPORE | TOTAL SINGAPORE | TOTAL SINGAPORE | 5363541 |
|  SOUTH AFRICA — (3.0%) | SOUTH AFRICA — (3.0%) |  |  |
|  # | Absa Group Ltd. | 2983300 | 27532643 |
|  | Adcock Ingram Holdings Ltd. | 30875 | 81517 |
|  | AECI Ltd. | 561692 | 3099594 |
|  # | African Rainbow Minerals Ltd. | 405930 | 3403514 |
|  | Alexander Forbes Group Holdings Ltd. | 937096 | 388984 |
|  | Altron Ltd., Class A | 134145 | 146750 |
|  # | Anglo American Platinum Ltd. | 65122 | 2230037 |
|  | Aspen Pharmacare Holdings Ltd. | 1160338 | 7619358 |
|  | Astral Foods Ltd. | 115700 | 1075943 |
|  | Barloworld Ltd. | 1102801 | 6423542 |
|  \* | Blue Label Telecoms Ltd. | 2269100 | 1022652 |
|  \* | Brait PLC | 14028455 | 1618367 |
|  | Caxton & CTP Publishers & Printers Ltd. | 793286 | 512140 |
|  | DataTec Ltd. | 3901607 | 12143381 |
|  # | Exxaro Resources Ltd. | 883630 | 7234150 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |  |  |
|  | Foschini Group Ltd. | 1474234 | $10271281 |
|  | Grindrod Ltd. | 420422 | 262358 |
|  | Harmony Gold Mining Co. Ltd. (HMY US), Sponsored ADR | 116229 | 1849203 |
|  | Hudaco Industries Ltd. | 162246 | 1632236 |
|  \* | Impala Platinum Holdings Ltd. | 2612012 | 15533962 |
|  | Investec Ltd. | 23070 | 143982 |
|  \* | KAP Ltd. | 9894134 | 1481111 |
|  | Lewis Group Ltd. | 676660 | 2487202 |
|  | Life Healthcare Group Holdings Ltd. | 3292384 | 2593769 |
|  | Merafe Resources Ltd. | 5997152 | 361513 |
|  \* | Metair Investments Ltd. | 887092 | 354220 |
|  | Momentum Group Ltd. | 5929509 | 10852418 |
|  | Motus Holdings Ltd. | 728732 | 3413543 |
|  | Mpact Ltd. | 1695962 | 2463916 |
|  | MTN Group Ltd. | 5997139 | 39690954 |
|  | Naspers Ltd., Class N | 89283 | 23476262 |
|  | Nedbank Group Ltd. | 1685979 | 23027732 |
|  | Netcare Ltd. | 3645942 | 2678968 |
|  | Northam Platinum Holdings Ltd. | 713301 | 4787796 |
|  | Oceana Group Ltd. | 278320 | 880435 |
|  | Old Mutual Ltd. (OMU SJ) | 20781671 | 12680217 |
|  | Omnia Holdings Ltd. | 1095565 | 4037415 |
|  W | Pepkor Holdings Ltd. | 8399368 | 12159035 |
|  | PPC Ltd. | 5693992 | 1424555 |
|  | Raubex Group Ltd. | 1291192 | 3063503 |
|  | RCL Foods Ltd. | 159113 | 81325 |
|  | Reunert Ltd. | 681642 | 2269491 |
|  | RFG Holdings Ltd. | 23326 | 23393 |
|  | Sanlam Ltd. | 129881 | 591354 |
|  | Sappi Ltd. | 3019447 | 5661690 |
|  \* | Sasol Ltd. (SOL SJ) | 1896082 | 6549186 |
|  \* | Sibanye Stillwater Ltd. (SBSW US), ADR | 954293 | 4437462 |
|  \* | Sibanye Stillwater Ltd. (SSW SJ) | 6081152 | 6947725 |
|  | Southern Sun Ltd. | 336200 | 149379 |
|  | Standard Bank Group Ltd. | 2767483 | 34560764 |
|  # | Super Group Ltd. | 1691536 | 2627361 |
|  \* | Telkom SA SOC Ltd. | 1386319 | 2936548 |
|  # | Thungela Resources Ltd. (TGA SJ) | 406589 | 2022704 |
|  | Tsogo Sun Ltd. | 47126 | 20939 |

---

1141

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |  |  |
|  | Wilson Bayly Holmes-Ovcon Ltd. | 119082 | $1230598 |
|  | Zeda Ltd. | 999044 | 562011 |
|  TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA |  | 326812088 |
|  SOUTH KOREA — (10.1%) | SOUTH KOREA — (10.1%) |  |  |
|  # | Advanced Process Systems Corp. | 16181 | 193957 |
|  # | Aekyung Chemical Co. Ltd. | 30001 | 241800 |
|  # | Ajin Industrial Co. Ltd. | 125293 | 260130 |
|  #\* | ALUKO Co. Ltd. | 124061 | 184977 |
|  # | Amorepacific Holdings Corp. | 56717 | 917513 |
|  \* | Ananti, Inc. | 13399 | 63763 |
|  | Asia Cement Co. Ltd. | 83810 | 648475 |
|  | ASIA Holdings Co. Ltd. | 4148 | 761251 |
|  # | Asia Paper Manufacturing Co. Ltd. | 125605 | 610496 |
|  | BH Co. Ltd. | 98245 | 851170 |
|  | BNK Financial Group, Inc. | 867778 | 6325258 |
|  | Bookook Securities Co. Ltd. | 20358 | 392910 |
|  | BYC Co. Ltd. | 7520 | 149902 |
|  # | Byucksan Corp. | 165597 | 284873 |
|  | Cape Industries Ltd. | 3230 | 14773 |
|  | Chongkundang Holdings Corp. | 5145 | 167898 |
|  \* | Chorokbaem Media Co. Ltd. | 33099 | 114444 |
|  # | CJ CheilJedang Corp. | 33488 | 5632192 |
|  # | CJ Corp. | 53104 | 4642014 |
|  \* | CJ ENM Co. Ltd. | 36562 | 1590260 |
|  | CJ Freshway Corp. | 1717 | 29323 |
|  | CJ Logistics Corp. | 29674 | 1731064 |
|  | CR Holdings Co. Ltd. | 109029 | 400151 |
|  | Cuckoo Holdings Co. Ltd. | 5600 | 95729 |
|  | Cuckoo Homesys Co. Ltd. | 5966 | 95589 |
|  # | Dae Won Kang Up Co. Ltd. | 215821 | 591926 |
|  \*†† | Dae Yu Co. Ltd. | 22377 | 6785 |
|  \* | Daechang Co. Ltd. | 57943 | 53438 |
|  | Daechang Forging Co. Ltd. | 25990 | 93850 |
|  # | Daedong Corp. | 57366 | 415153 |
|  | Daeduck Electronics Co. Ltd. | 12456 | 122278 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Daehan Flour Mill Co. Ltd. | 4385 | $403288 |
|  # | Daehan Steel Co. Ltd. | 69851 | 788161 |
|  # | Daesang Corp. | 86274 | 1450084 |
|  # | Daesang Holdings Co. Ltd. | 67158 | 503133 |
|  | Daewon San Up Co. Ltd. | 27984 | 151576 |
|  #\* | Daewoo Engineering & Construction Co. Ltd. | 761988 | 1901120 |
|  # | Daewoong Co. Ltd. | 25739 | 367352 |
|  \* | Dahaam E-Tec Co. Ltd. | 3535 | 0 |
|  | Daihan Pharmaceutical Co. Ltd. | 14428 | 267940 |
|  | Daishin Securities Co. Ltd. | 126385 | 1591844 |
|  | Daol Investment & Securities Co. Ltd. | 180886 | 431275 |
|  | Daou Data Corp. | 31609 | 263299 |
|  | Daou Technology, Inc. | 131192 | 2003713 |
|  # | DB HiTek Co. Ltd. | 24678 | 667123 |
|  | DB Insurance Co. Ltd. | 140428 | 9047117 |
|  | DB Securities Co. Ltd. | 174597 | 780805 |
|  \* | DE&T Co. Ltd. | 1787 | 7189 |
|  | Deutsch Motors, Inc. | 67827 | 224301 |
|  | DI Dong Il Corp. | 20754 | 603767 |
|  # | DL E&C Co. Ltd. | 125814 | 3845446 |
|  # | DL Holdings Co. Ltd. | 48201 | 1101714 |
|  | DMS Co. Ltd. | 73474 | 327183 |
|  # | DN Automotive Corp. | 47456 | 687224 |
|  # | Dong-A Socio Holdings Co. Ltd. | 10839 | 787660 |
|  | Dongbang Transport Logistics Co. Ltd. | 46239 | 77492 |
|  | Dongkuk CM Co. Ltd. | 97951 | 433582 |
|  # | Dongkuk Holdings Co. Ltd. | 61326 | 310750 |
|  | Dongkuk Industries Co. Ltd. | 47920 | 125960 |
|  | Dongkuk Steel Mill Co. Ltd. | 177472 | 1144835 |
|  | Dongsung Chemical Co. Ltd. | 133138 | 385377 |
|  | Dongwha Pharm Co. Ltd. | 67438 | 298021 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Dongwon Development Co. Ltd. | 36521 | $59936 |
|  | Dongwon F&B Co. Ltd. | 17854 | 462919 |
|  # | Dongyang E&P, Inc. | 28974 | 409755 |
|  | Doosan Bobcat, Inc. | 233044 | 8012175 |
|  | DoubleUGames Co. Ltd. | 12524 | 496943 |
|  | DY Corp. | 12894 | 35940 |
|  | DY POWER Corp. | 23114 | 190034 |
|  | Easy Holdings Co. Ltd. | 150429 | 363166 |
|  # | E-MART, Inc. | 50510 | 3249474 |
|  | ENF Technology Co. Ltd. | 3601 | 62557 |
|  | Eugene Corp. | 202232 | 496408 |
|  # | Eugene Investment & Securities Co. Ltd. | 231320 | 450861 |
|  | Eusu Holdings Co. Ltd. | 38014 | 148349 |
|  # | Fursys, Inc. | 20360 | 642286 |
|  \* | GAEASOFT | 10822 | 75261 |
|  | Geumhwa PSC Co. Ltd. | 976 | 18065 |
|  | Golfzon Holdings Co. Ltd. | 46363 | 152357 |
|  | Green Cross Holdings Corp. | 7456 | 73389 |
|  | GS Engineering & Construction Corp. | 15729 | 202195 |
|  # | GS Global Corp. | 174395 | 314547 |
|  # | GS Holdings Corp. (078930 KS) | 187901 | 5109248 |
|  #\* | GS P&L Co. Ltd. | 28396 | 422539 |
|  # | GS Retail Co. Ltd. | 119721 | 1245954 |
|  | Gwangju Shinsegae Co. Ltd. | 14145 | 277292 |
|  # | HAESUNG DS Co. Ltd. | 11259 | 182998 |
|  | Hana Financial Group, Inc. | 1106230 | 50167631 |
|  | Handsome Co. Ltd. | 61220 | 665981 |
|  # | Hanil Cement Co. Ltd. | 17210 | 217076 |
|  | Hanil Holdings Co. Ltd. | 81808 | 852256 |
|  # | Hanjin Transportation Co. Ltd. | 33014 | 444867 |
|  | Hankook Tire & Technology Co. Ltd. | 271458 | 7884720 |
|  | HanmiGlobal Co. Ltd. | 7443 | 84033 |
|  \* | Hanon Systems | 195030 | 488730 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Hansae Co. Ltd. | 4669 | $36664 |
|  | Hansol Paper Co. Ltd. | 66613 | 392695 |
|  | Hansol Technics Co. Ltd. | 112732 | 378686 |
|  | Hanwha Corp. | 9875 | 334928 |
|  | Hanwha General Insurance Co. Ltd. | 92799 | 266056 |
|  \* | Hanwha Investment & Securities Co. Ltd. | 340239 | 822810 |
|  \* | Hanwha Life Insurance Co. Ltd. | 803657 | 1499118 |
|  # | Hanwha Solutions Corp. | 291337 | 6125088 |
|  # | Hanyang Eng Co. Ltd. | 48501 | 554544 |
|  | Hanyang Securities Co. Ltd. | 49973 | 470436 |
|  # | Harim Holdings Co. Ltd. | 167812 | 705592 |
|  | HB SOLUTION Co. Ltd. | 9283 | 15895 |
|  | HB Technology Co. Ltd. | 63513 | 87244 |
|  | HD Hyundai Co. Ltd. | 167822 | 9281401 |
|  # | HD Hyundai Construction Equipment Co. Ltd. | 64362 | 3064884 |
|  # | HD Hyundai Infracore Co. Ltd. | 491160 | 2853334 |
|  | HDC Holdings Co. Ltd. | 35453 | 479275 |
|  | HDC Hyundai Development Co-Engineering & Construction | 143625 | 2512978 |
|  # | HK inno N Corp. | 12042 | 341426 |
|  | HL Holdings Corp. | 21712 | 559038 |
|  # | HL Mando Co. Ltd. | 101520 | 2663745 |
|  # | HMM Co. Ltd. | 685585 | 8823773 |
|  | HS Hyosung Advanced Materials Corp. | 408 | 51028 |
|  \* | HS Hyosung Corp. | 1431 | 41150 |
|  | HS Industries Co. Ltd. | 51182 | 168920 |
|  | Huons Global Co. Ltd. | 6382 | 224832 |
|  | Husteel Co. Ltd. | 18439 | 62191 |
|  # | Hwa Shin Co. Ltd. | 52661 | 291971 |
|  | Hwangkum Steel & Technology Co. Ltd. | 9425 | 34708 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | Hy-Lok Corp. | 38182 | $775195 |
|  | Hyosung Corp. | 7465 | 278703 |
|  | Hyosung TNC Corp. | 2647 | 442790 |
|  | Hyundai BNG Steel Co. Ltd. | 19621 | 168405 |
|  # | HYUNDAI Corp. | 27560 | 440343 |
|  | Hyundai Corp. |  |  |
|  | Holdings, Inc. | 1798 | 13815 |
|  # | Hyundai Department Store Co. Ltd. | 55318 | 2323761 |
|  # | Hyundai Engineering & Construction Co. Ltd. | 203254 | 5956492 |
|  | Hyundai Futurenet Co. Ltd. | 68828 | 139168 |
|  | Hyundai GF Holdings | 110569 | 423476 |
|  | Hyundai Glovis Co. Ltd. | 128009 | 10263994 |
|  | Hyundai Green Food | 17437 | 190864 |
|  | Hyundai Home Shopping Network Corp. | 12707 | 433913 |
|  #\* | Hyundai Marine & Fire Insurance Co. Ltd. | 224373 | 3510763 |
|  # | Hyundai Mobis Co. Ltd. | 132622 | 24894290 |
|  | Hyundai Motor Co. | 482676 | 64678347 |
|  | Hyundai Motor Securities Co. Ltd. | 123254 | 566603 |
|  | Hyundai Steel Co. | 226173 | 3893641 |
|  | Hyundai Wia Corp. | 66478 | 2000730 |
|  | Iljin Holdings Co. Ltd. | 64184 | 172485 |
|  | Ilshin Spinning Co. Ltd. | 52768 | 321154 |
|  | iM Financial Group Co. Ltd. | 575512 | 4161166 |
|  | iMarketKorea, Inc. | 74204 | 414628 |
|  | Industrial Bank of Korea | 1010596 | 10906767 |
|  | Innocean Worldwide, Inc. | 55615 | 712801 |
|  # | INTOPS Co. Ltd. | 41391 | 469190 |
|  # | IS Dongseo Co. Ltd. | 57136 | 728906 |
|  \* | Jahwa Electronics Co. Ltd. | 17215 | 144286 |
|  # | JB Financial Group Co. Ltd. | 503610 | 6050895 |
|  | Jinsung T.E.C. | 21215 | 134577 |
|  | Kangnam Jevisco Co. Ltd. | 39626 | 330885 |
|  # | Kangwon Land, Inc. | 203625 | 2324407 |
|  # | KB Financial Group, Inc. (KB US), ADR | 1765707 | 111204226 |
|  | KC Co. Ltd. | 39745 | 519486 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | KCC Corp. | 16239 | $2851634 |
|  | KCC Glass Corp. | 39764 | 895588 |
|  | KCTC | 6097 | 16425 |
|  # | KG Chemical Corp. | 82908 | 232230 |
|  | KG Dongbusteel | 19611 | 81738 |
|  | KG Eco Solution Co. Ltd. | 28778 | 111509 |
|  \* | KG Mobility Co. | 22066 | 50605 |
|  # | Kginicis Co. Ltd. | 15968 | 98184 |
|  | KGMobilians Co. Ltd. | 8172 | 24281 |
|  | KH Vatec Co. Ltd. | 10797 | 69952 |
|  | Kia Corp. | 1095769 | 69639700 |
|  | KISCO Corp. | 58802 | 351560 |
|  | KISCO Holdings Co. Ltd. | 32652 | 479077 |
|  | KISWIRE Ltd. | 63149 | 768718 |
|  # | KIWOOM Securities Co. Ltd. | 54030 | 5195485 |
|  | Kolon Industries, Inc. | 72879 | 1546434 |
|  | Korea Alcohol Industrial Co. Ltd. | 70875 | 453700 |
|  | Korea Asset In Trust Co. Ltd. | 249972 | 409510 |
|  #\* | Korea Circuit Co. Ltd. | 43138 | 307818 |
|  # | Korea Electric Terminal Co. Ltd. | 30397 | 1378006 |
|  # | Korea Investment Holdings Co. Ltd. | 146899 | 8576706 |
|  #\* | Korea Line Corp. | 690453 | 738759 |
|  # | Korea Movenex Co. Ltd. | 128248 | 355064 |
|  # | Korea Petrochemical Ind Co. Ltd. | 12030 | 711211 |
|  | Korea Petroleum Industries Co. | 2038 | 18557 |
|  # | Korea United Pharm, Inc. | 17495 | 240575 |
|  | Korean Air Lines Co. Ltd. | 585473 | 8631538 |
|  | Korean Reinsurance Co. | 771847 | 4393648 |
|  | KPX Chemical Co. Ltd. | 10414 | 328793 |
|  | KSS LINE Ltd. | 69726 | 439525 |
|  | KT Skylife Co. Ltd. | 78348 | 244358 |
|  \* | Kumho HT, Inc. | 69550 | 31050 |
|  | Kumho Petrochemical Co. Ltd. | 37207 | 3113161 |
|  \* | Kumho Tire Co., Inc. | 131362 | 444618 |
|  | Kumkang Kind Co. Ltd. | 13617 | 45539 |
|  | Kwang Dong Pharmaceutical Co. Ltd. | 57242 | 220735 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  # | Kyeryong Construction Industrial Co. Ltd. | 29553 | $530101 |
|  | Kyobo Securities Co. Ltd. | 71114 | 329904 |
|  | Kyungbang Co. Ltd. | 29544 | 145566 |
|  | KZ Precision Corp. | 42771 | 357313 |
|  | LEADCORP, Inc. | 20798 | 58033 |
|  | LF Corp. | 63478 | 664150 |
|  | LG Chem Ltd. | 122341 | 18542036 |
|  | LG Corp. | 216383 | 10132981 |
|  #\* | LG Display Co. Ltd. (LPL US), ADR | 2464372 | 7220610 |
|  | LG Electronics, Inc. | 430226 | 21595444 |
|  # | LG H&H Co. Ltd. | 14106 | 3342295 |
|  \* | LG HelloVision Co. Ltd. | 109778 | 203406 |
|  # | LG Innotek Co. Ltd. | 41459 | 4075298 |
|  | LG Uplus Corp. | 902742 | 7622373 |
|  \* | LOT Vacuum Co. Ltd. | 4203 | 25877 |
|  # | Lotte Chemical Corp. | 50257 | 2131884 |
|  | Lotte Chilsung Beverage Co. Ltd. | 12708 | 980645 |
|  # | Lotte Corp. | 84201 | 1335769 |
|  # | LOTTE Fine Chemical Co. Ltd. | 67718 | 1654145 |
|  \* | Lotte Non-Life Insurance Co. Ltd. | 47349 | 57373 |
|  | Lotte Rental Co. Ltd. | 19379 | 400499 |
|  # | Lotte Shopping Co. Ltd. | 22832 | 1083451 |
|  # | Lotte Wellfood Co. Ltd. | 8689 | 724141 |
|  # | LS Corp. | 64845 | 6007324 |
|  \* | LVMC Holdings | 202202 | 248388 |
|  # | LX Hausys Ltd. | 21605 | 438375 |
|  # | LX Holdings Corp. | 157121 | 723742 |
|  # | LX International Corp. | 133176 | 2483827 |
|  # | LX Semicon Co. Ltd. | 4778 | 181850 |
|  | Maeil Dairies Co. Ltd. | 5683 | 147374 |
|  | Mcnex Co. Ltd. | 4275 | 72027 |
|  | MegaStudy Co. Ltd. | 26278 | 197118 |
|  | MegaStudyEdu Co. Ltd. | 1069 | 36057 |
|  | Mgame Corp. | 3740 | 13354 |
|  | Mi Chang Oil Industrial Co. Ltd. | 4014 | 291369 |
|  \* | Mirae Asset Life Insurance Co. Ltd. | 233900 | 893678 |
|  # | Mirae Asset Securities Co. Ltd. | 869520 | 7227730 |
|  # | Misto Holdings Corp. | 61688 | 1604145 |
|  | MK Electron Co. Ltd. | 78264 | 417086 |
|  \* | MONAYONGPYONG | 3678 | 11462 |
|  | Moorim P&P Co. Ltd. | 7993 | 16689 |
|  | Motonic Corp. | 25287 | 170438 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  \* | MS Autotech Co. Ltd. | 14275 | $23407 |
|  | Myoung Shin Industrial Co. Ltd. | 12426 | 73040 |
|  # | Namyang Dairy Products Co. Ltd. | 16012 | 857111 |
|  | Nature Holdings Co. Ltd. | 15603 | 110336 |
|  | NAVER Corp. | 75359 | 10603432 |
|  | Neowiz Holdings Corp. | 11651 | 172165 |
|  #W | Netmarble Corp. | 52184 | 1641497 |
|  | New Power Plasma Co. Ltd. | 5830 | 18997 |
|  | Nexen Corp. | 87964 | 291557 |
|  | Nexen Tire Corp. | 121165 | 460244 |
|  # | Nexteel Co. Ltd. | 12200 | 107647 |
|  | NH Investment & Securities Co. Ltd. | 507699 | 5488678 |
|  | NHN Corp. | 44798 | 698910 |
|  | NICE Holdings Co. Ltd. | 15181 | 120180 |
|  | Nice Information & Telecommunication, Inc. | 9253 | 120969 |
|  | Nong Shim Holdings Co. Ltd. | 9894 | 467091 |
|  # | NongShim Co. Ltd. | 9518 | 2697438 |
|  | NOROO Paint & Coatings Co. Ltd. | 43552 | 254448 |
|  # | NOVAREX Co. Ltd. | 28605 | 205440 |
|  | NPC | 66175 | 190976 |
|  # | OCI Co. Ltd. | 20061 | 778035 |
|  # | OCI Holdings Co. Ltd. | 56461 | 2571392 |
|  # | Orion Holdings Corp. | 92889 | 1196663 |
|  #\* | Osung Advanced Materials Co. Ltd. | 291296 | 288180 |
|  # | Otoki Corp. | 4520 | 1273074 |
|  | Pan Ocean Co. Ltd. | 868292 | 2043133 |
|  # | Paradise Co. Ltd. | 134677 | 1173268 |
|  | Partron Co. Ltd. | 146485 | 707796 |
|  | PHA Co. Ltd. | 35955 | 250359 |
|  | Poongsan Corp. | 88816 | 3708338 |
|  # | Poongsan Holdings Corp. | 42592 | 858819 |
|  | POSCO Holdings, Inc. (005490 KS) | 58373 | 10667829 |
|  # | POSCO Holdings, Inc. (PKX US), Sponsored ADR | 637470 | 29024009 |
|  # | POSCO Steeleon Co. Ltd. | 4200 | 111439 |
|  | Protec Co. Ltd. | 937 | 15804 |
|  \* | RFTech Co. Ltd. | 24267 | 63489 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  \* | Sajo Industries Co. Ltd. | 1771 | $45092 |
|  # | Sajodaerim Corp. | 10562 | 282718 |
|  # | Sam Young Electronics Co. Ltd. | 31048 | 232572 |
|  | SAMHWA Paints Industrial Co. Ltd. | 40166 | 169526 |
|  | Samick Musical Instruments Co. Ltd. | 134228 | 113494 |
|  | Samji Electronics Co. Ltd. | 15508 | 114305 |
|  # | Sammok S-Form Co. Ltd. | 26629 | 393966 |
|  # | SAMPYO Cement Co. Ltd. | 125487 | 277486 |
|  # | Samsung C&T Corp. | 181852 | 15650071 |
|  | Samsung Card Co. Ltd. (029780 KS) | 89930 | 2655845 |
|  | Samsung Electronics Co. Ltd. (005930 KS) | 4455693 | 173850156 |
|  | Samsung Electronics Co. Ltd. (SMSN LI), GDR | 3079 | 2998141 |
|  | Samsung Engineering Co. Ltd. | 44475 | 601362 |
|  | Samsung Life Insurance Co. Ltd. | 194140 | 11787716 |
|  # | Samsung SDI Co. Ltd. | 100996 | 12506393 |
|  | Samsung SDS Co. Ltd. | 1316 | 118594 |
|  # | Samsung Securities Co. Ltd. | 218225 | 7999377 |
|  # | SAMT Co. Ltd. | 161525 | 308018 |
|  | Samyang Corp. | 7912 | 266306 |
|  # | Samyang Holdings Corp. | 21200 | 917562 |
|  | Samyang Tongsang Co. Ltd. | 4562 | 148588 |
|  | SeAH Besteel Holdings Corp. | 58805 | 740186 |
|  | SeAH Holdings Corp. | 4354 | 281906 |
|  # | SeAH Steel Corp. | 5976 | 743927 |
|  # | SeAH Steel Holdings Corp. | 8469 | 1339358 |
|  | Sebang Co. Ltd. | 49883 | 400476 |
|  # | Sebang Global Battery Co. Ltd. | 30660 | 1485736 |
|  | Sejong Industrial Co. Ltd. | 19312 | 57185 |
|  | Sekonix Co. Ltd. | 2843 | 10690 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  #\* | Seoul Semiconductor Co. Ltd. | 54412 | $254749 |
|  | Seoyon Co. Ltd. | 47040 | 246041 |
|  # | Seoyon E-Hwa Co. Ltd. | 77705 | 644223 |
|  | SFA Engineering Corp. | 7150 | 102096 |
|  # | SGC Energy Co. Ltd. | 22681 | 371814 |
|  | Shin Heung Energy & Electronics Co. Ltd. | 23272 | 69399 |
|  | Shindaeyang Paper Co. Ltd. | 32100 | 193054 |
|  # | Shinhan Financial Group Co. Ltd. (055550 KS) | 666029 | 24070260 |
|  | Shinhan Financial Group Co. Ltd. (SHG US), ADR | 957704 | 34458189 |
|  | Shinsegae Information & Communication Co. Ltd. | 5325 | 46589 |
|  # | Shinsegae International, Inc. | 52189 | 360279 |
|  | Shinsegae, Inc. | 27858 | 3088681 |
|  \* | Shinyoung Securities Co. Ltd. | 13850 | 867424 |
|  | Silla Co. Ltd. | 23707 | 153469 |
|  # | SIMPAC, Inc. | 108795 | 311375 |
|  | Sindoh Co. Ltd. | 8968 | 271587 |
|  | SK Chemicals Co. Ltd. | 1762 | 49314 |
|  | SK Discovery Co. Ltd. | 54122 | 1583951 |
|  \* | SK Eternix Co. Ltd. | 9412 | 112675 |
|  | SK Gas Ltd. | 6891 | 1161147 |
|  \*W | SK IE Technology Co. Ltd. | 8752 | 137878 |
|  # | SK Innovation Co. Ltd. | 48018 | 3189410 |
|  | SK Networks Co. Ltd. | 455894 | 1353948 |
|  | SK Securities Co. Ltd. | 607995 | 206678 |
|  | SK, Inc. | 87974 | 8187812 |
|  # | SL Corp. | 64890 | 1498597 |
|  # | SNT Holdings Co. Ltd. | 35428 | 826900 |
|  | SNT Motiv Co. Ltd. | 85650 | 1662356 |
|  # | S-Oil Corp. | 117577 | 4294599 |
|  # | Songwon Industrial Co. Ltd. | 44818 | 360205 |
|  | Soulbrain Holdings Co. Ltd. | 19504 | 428059 |
|  | Spigen Korea Co. Ltd. | 5048 | 93663 |

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Suheung Co. Ltd. | 741 | $7456 |
|  # | Sungshin Cement Co. Ltd. | 71955 | 465792 |
|  # | Sungwoo Hitech Co. Ltd. | 282716 | 1108118 |
|  | Sunjin Co. Ltd. | 6558 | 27067 |
|  \* | Suprema, Inc. | 8830 | 201487 |
|  | Tae Kyung Industrial Co. Ltd. | 64197 | 222562 |
|  # | Taekwang Industrial Co. Ltd. | 1467 | 781300 |
|  \* | Taewoong Co. Ltd. | 46269 | 489281 |
|  | TKG Huchems Co. Ltd. | 14556 | 164594 |
|  \* | Tongyang Life Insurance Co. Ltd. | 162023 | 696615 |
|  \* | Top Engineering Co. Ltd. | 26046 | 76658 |
|  | TS Corp. | 230626 | 551797 |
|  # | TYM Corp. | 53228 | 168117 |
|  # | Unid Co. Ltd. | 15727 | 971699 |
|  | Union Semiconductor Equipment & Materials Co. Ltd. | 7338 | 30576 |
|  | Unitrontech Co. Ltd. | 20359 | 84025 |
|  | Value Added Technology Co. Ltd. | 7811 | 111533 |
|  | Vitzro Tech Co. Ltd. | 2997 | 16445 |
|  | Webzen, Inc. | 14666 | 142251 |
|  | Whanin Pharmaceutical Co. Ltd. | 32254 | 266070 |
|  | WiSoL Co. Ltd. | 69313 | 333778 |
|  #\* | Wonik Holdings Co. Ltd. | 57549 | 167657 |
|  # | Wonik Materials Co. Ltd. | 21064 | 299270 |
|  | Woojin, Inc. | 5560 | 31512 |
|  \* | Wooree Bio Co. Ltd. | 12551 | 20021 |
|  # | Woori Financial Group, Inc. (316140 KS) | 2136473 | 26604544 |
|  # | Y G-1 Co. Ltd. | 61716 | 253458 |
|  | Y-entec Co. Ltd. | 9938 | 45303 |
|  # | Young Poong Corp. | 20270 | 529452 |
|  # | Youngone Corp. | 114742 | 3826106 |
|  | Youngone Holdings Co. Ltd. | 26845 | 1807126 |
|  | Yuanta Securities Korea Co. Ltd. | 337492 | 702532 |
|  # | YuHwa Securities Co. Ltd. | 100570 | 171471 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |  |  |
|  | Zinus, Inc. | 15082 | $185015 |
|  TOTAL SOUTH KOREA | TOTAL SOUTH KOREA | TOTAL SOUTH KOREA | 1111697546 |
|  TAIWAN — (18.6%) | TAIWAN — (18.6%) |  |  |
|  | Abico Avy Co. Ltd. | 563364 | 553607 |
|  # | Ability Enterprise Co. Ltd. | 770330 | 1122748 |
|  # | AcBel Polytech, Inc. | 2825000 | 2276252 |
|  # | Acer, Inc. | 9361109 | 10229115 |
|  #\* | ACES Electronic Co. Ltd. | 564778 | 851523 |
|  \* | Acon Holding, Inc. | 173000 | 49567 |
|  # | Acter Group Corp. Ltd. | 138000 | 1737177 |
|  # | Action Electronics Co. Ltd. | 599000 | 286770 |
|  | Actron Technology Corp. | 21000 | 84180 |
|  | ADATA Technology Co. Ltd. | 757757 | 1982171 |
|  | Advanced Analog Technology, Inc. | 17000 | 26635 |
|  | Advanced Ceramic X Corp. | 18000 | 68540 |
|  | Advanced International Multitech Co. Ltd. | 535000 | 1137744 |
|  \* | Advanced Optoelectronic Technology, Inc. | 269000 | 134620 |
|  | Advanced Power Electronics Corp. | 67000 | 155285 |
|  # | Advanced Wireless Semiconductor Co. | 37000 | 87977 |
|  # | Advancetek Enterprise Co. Ltd. | 720000 | 1622839 |
|  | AGV Products Corp. | 1976211 | 692828 |
|  | Airtac International Group | 46000 | 1263446 |
|  \* | ALI Corp. | 73200 | 61230 |
|  | Allied Circuit Co. Ltd. | 11863 | 43199 |
|  | Allied Supreme Corp. | 16000 | 121790 |
|  # | Alltek Technology Corp. | 585120 | 705232 |
|  # | Alpha Networks, Inc. | 1072086 | 925068 |
|  # | Altek Corp. | 1819080 | 2074284 |
|  | Amazing Microelectronic Corp. | 18000 | 41964 |
|  # | Ambassador Hotel | 1232000 | 1732340 |
|  | AMPACS Corp. | 38000 | 39005 |
|  | Ampire Co. Ltd. | 59000 | 55487 |

---

1147

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | AMPOC Far-East Co. Ltd. | 299000 | $820672 |
|  # | AmTRAN Technology Co. Ltd. | 2594483 | 1162984 |
|  # | Anji Technology Co. Ltd. | 147000 | 135416 |
|  | Anpec Electronics Corp. | 22000 | 103909 |
|  # | Apacer Technology, Inc. | 522210 | 751404 |
|  | APAQ Technology Co. Ltd. | 29000 | 90279 |
|  | APCB, Inc. | 382000 | 173919 |
|  # | Apex Biotechnology Corp. | 309000 | 304111 |
|  #\* | Apex International Co. Ltd. | 662683 | 479118 |
|  | Apex Science & Engineering | 369633 | 129359 |
|  | ARBOR Technology Corp. | 39000 | 55878 |
|  | Arcadyan Technology Corp. | 625000 | 4624987 |
|  # | Ardentec Corp. | 2214058 | 5164698 |
|  | Argosy Research, Inc. | 150000 | 681176 |
|  | ASE Technology Holding Co. Ltd. | 13730000 | 58506250 |
|  | Asia Cement Corp. | 7757589 | 10926914 |
|  | Asia Electronic Material Co. Ltd. | 180000 | 113062 |
|  | Asia Metal Industries, Inc. | 16000 | 30611 |
|  # | Asia Optical Co., Inc. | 626000 | 2660872 |
|  # | Asia Polymer Corp. | 2200530 | 872303 |
|  # | Asia Tech Image, Inc. | 115000 | 347560 |
|  | ASolid Technology Co. Ltd. | 12000 | 20813 |
|  | ASROCK, Inc. | 23000 | 126641 |
|  | Asustek Computer, Inc. | 2160000 | 39499688 |
|  | ATE Energy International Co. Ltd. | 134000 | 98313 |
|  | Aten International Co. Ltd. | 7000 | 14999 |
|  # | Audix Corp. | 399332 | 750083 |
|  | AUO Corp. (AUOTY US), ADR | 3015829 | 15109303 |
|  # | Avalue Technology, Inc. | 166000 | 508882 |
|  | AVer Information, Inc. | 60000 | 67756 |
|  | Avermedia Technologies | 109600 | 132200 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Axiomtek Co. Ltd. | 284000 | $911936 |
|  # | Azurewave Technologies, Inc. | 221000 | 316799 |
|  # | Bank of Kaohsiung Co. Ltd. | 4066331 | 1510071 |
|  | Basso Industry Corp. | 434000 | 505548 |
|  # | BenQ Materials Corp. | 663000 | 493327 |
|  # | BES Engineering Corp. | 7377443 | 2436593 |
|  # | Bin Chuan Enterprise Co. Ltd. | 239000 | 364614 |
|  \* | Biostar Microtech International Corp. | 710055 | 418349 |
|  | Bioteque Corp. | 39000 | 154309 |
|  | Bizlink Holding, Inc. | 557000 | 9428999 |
|  # | Bright Led Electronics Corp. | 479000 | 273402 |
|  | Brightek Optoelectronic Co. Ltd. | 56000 | 78857 |
|  | Brighton-Best International Taiwan, Inc. | 192000 | 200273 |
|  | Brillian Network & Automation Integrated System Co. Ltd. | 10000 | 57349 |
|  | Calitech Co. Ltd. | 36000 | 70089 |
|  \* | Cameo Communications, Inc. | 623712 | 172689 |
|  | Capital Futures Corp. | 97766 | 148310 |
|  # | Capital Securities Corp. | 7557158 | 6148491 |
|  \* | Career Technology MFG. Co. Ltd. | 808423 | 296045 |
|  | Carnival Industrial Corp. | 303007 | 74955 |
|  | Castles Technology Co. Ltd. | 24000 | 51930 |
|  | Caswell, Inc. | 86000 | 241639 |
|  | Catcher Technology Co. Ltd. | 1815000 | 12355099 |
|  # | Cathay Chemical Works | 272000 | 461293 |
|  | Cathay Financial Holding Co. Ltd. | 26941201 | 49639418 |
|  | Cathay Real Estate Development Co. Ltd. | 2926694 | 1769310 |
|  | Cayman Engley Industrial Co. Ltd. | 97000 | 94444 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | CCP Contact Probes Co. Ltd. | 80334 | $69514 |
|  #\* | Celxpert Energy Corp. | 334304 | 301692 |
|  | Cenra, Inc. | 621632 | 674258 |
|  | Center Laboratories, Inc. | 379214 | 423817 |
|  # | Central Reinsurance Co. Ltd. | 1172148 | 963005 |
|  # | Century Iron & Steel Industrial Co. Ltd. | 267000 | 1471380 |
|  | Chailease Holding Co. Ltd. | 4443156 | 15986899 |
|  # | Chain Chon Industrial Co. Ltd. | 648419 | 272534 |
|  #\* | ChainQui Construction Development Co. Ltd. | 571393 | 255832 |
|  | Chaintech Technology Corp. | 15000 | 16668 |
|  #\* | Champion Building Materials Co. Ltd. | 1207445 | 417756 |
|  | Chang Hwa Commercial Bank Ltd. | 17026332 | 9708784 |
|  | Chang Wah Electromaterials, Inc. | 384000 | 516939 |
|  | Chang Wah Technology Co. Ltd. | 34000 | 38335 |
|  # | Channel Well Technology Co. Ltd. | 466000 | 1057395 |
|  | Charoen Pokphand Enterprise | 287600 | 900006 |
|  # | CHC Healthcare Group | 551000 | 745541 |
|  | CHC Resources Corp. | 52000 | 117019 |
|  | Chen Full International Co. Ltd. | 303000 | 454349 |
|  # | Cheng Loong Corp. | 4390659 | 2399358 |
|  #\* | Cheng Mei Materials Technology Corp. | 822880 | 332656 |
|  | Cheng Shin Rubber Industry Co. Ltd. | 7199000 | 11118961 |
|  # | Cheng Uei Precision Industry Co. Ltd. | 2023635 | 3101409 |
|  | Chenming Electronic Technology Corp. | 189000 | 525401 |
|  # | Chia Chang Co. Ltd. | 635000 | 771983 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Chia Hsin Cement Corp. | 2597114 | $1205549 |
|  | Chicony Electronics Co. Ltd. | 809000 | 3898050 |
|  # | Chicony Power Technology Co. Ltd. | 201000 | 672697 |
|  | Chien Kuo Construction Co. Ltd. | 712637 | 636067 |
|  | Chien Shing Harbour Service Co. Ltd. | 24496 | 36931 |
|  | China Airlines Ltd. | 13804353 | 9093770 |
|  # | China Bills Finance Corp. | 3423000 | 1595407 |
|  | China Container Terminal Corp. | 239000 | 214808 |
|  | China Ecotek Corp. | 53000 | 91803 |
|  # | China Electric Manufacturing Corp. | 1039432 | 442865 |
|  # | China General Plastics Corp. | 693585 | 241415 |
|  # | China Glaze Co. Ltd. | 385799 | 194839 |
|  #\* | China Man-Made Fiber Corp. | 6645014 | 1320024 |
|  # | China Metal Products | 1365969 | 1132334 |
|  # | China Motor Corp. | 1050099 | 2355187 |
|  #\* | China Petrochemical Development Corp. | 11392068 | 2560806 |
|  # | China Steel Chemical Corp. | 205000 | 586015 |
|  # | China Steel Corp. | 36383320 | 23528840 |
|  | China Steel Structure Co. Ltd. | 7000 | 9592 |
|  # | China Wire & Cable Co. Ltd. | 444600 | 469363 |
|  | Chinese Maritime Transport Ltd. | 357270 | 452626 |
|  | Ching Feng Home Fashions Co. Ltd. | 126752 | 97342 |
|  # | Chin-Poon Industrial Co. Ltd. | 1992815 | 2016501 |
|  | Chipbond Technology Corp. | 2427000 | 4825664 |
|  # | ChipMOS Technologies, Inc. (8150 TT) | 2725085 | 2254404 |
|  | ChipMOS Technologies, Inc. (IMOS US), ADR | 21756 | 359188 |
|  # | Chlitina Holding Ltd. | 111000 | 395679 |

---

1149

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Chong Hong Construction Co. Ltd. | 559000 | $1531455 |
|  | Chun YU Works & Co. Ltd. | 848750 | 555430 |
|  # | Chun Yuan Steel Industry Co. Ltd. | 2324287 | 1321570 |
|  | Chung Hwa Chemical Industrial Works Ltd. | 80000 | 57603 |
|  #\* | Chung Hwa Pulp Corp. | 1942353 | 776377 |
|  \*†† | Chung Shing Textile Co. | 600 | 0 |
|  | Chung-Hsin Electric & Machinery Manufacturing Corp. | 20000 | 79803 |
|  | Chunghwa Chemical Synthesis & Biotech Co. Ltd. | 52000 | 47450 |
|  | Chunghwa Precision Test Tech Co. Ltd. | 11000 | 251015 |
|  | Chyang Sheng Texing Co. Ltd. | 167000 | 118517 |
|  | CKM Applied Materials Corp. | 30000 | 30405 |
|  # | Cleanaway Co. Ltd. (8422 TT) | 98000 | 556482 |
|  | Clevo Co. | 1452000 | 2175965 |
|  # | CMC Magnetics Corp. | 2844019 | 706560 |
|  # | Collins Co. Ltd. | 658224 | 315613 |
|  | Compal Electronics, Inc. | 16744332 | 14428130 |
|  # | Compeq Manufacturing Co. Ltd. | 4826000 | 8470768 |
|  | Complex Micro Interconnection Co. Ltd. | 33000 | 42354 |
|  # | Compucase Enterprise | 236000 | 485043 |
|  # | Concord International Securities Co. Ltd. | 166399 | 66834 |
|  # | Concord Securities Co. Ltd. | 2533313 | 924554 |
|  # | Continental Holdings Corp. | 2142540 | 1631813 |
|  # | Contrel Technology Co. Ltd. | 611000 | 725569 |
|  # | Coremax Corp. | 182000 | 256620 |
|  # | Coretronic Corp. | 1548800 | 3048327 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Co-Tech Development Corp. | 643000 | $959695 |
|  | Coxon Precise Industrial Co. Ltd. | 395000 | 187637 |
|  # | Creative Sensor, Inc. | 89000 | 127498 |
|  | Cryomax Cooling System Corp. | 44926 | 42401 |
|  | CTBC Financial Holding Co. Ltd. | 65154073 | 80285407 |
|  | CTCI Corp. | 2004000 | 1723172 |
|  # | CviLux Corp. | 249000 | 364905 |
|  # | Cyberlink Corp. | 141000 | 437271 |
|  | CyberPower Systems, Inc. | 76000 | 670936 |
|  #\* | CyberTAN Technology, Inc. | 799000 | 565613 |
|  # | DA CIN Construction Co. Ltd. | 1306063 | 2295617 |
|  | Da-Li Development Co. Ltd. | 769945 | 1117240 |
|  | Darfon Electronics Corp. | 768000 | 912749 |
|  # | Darwin Precisions Corp. | 1637635 | 585810 |
|  | De Licacy Industrial Co. Ltd. | 166880 | 74993 |
|  | Delpha Construction Co. Ltd. | 76000 | 78803 |
|  | Depo Auto Parts Ind Co. Ltd. | 538000 | 3070057 |
|  | DFI, Inc. | 34000 | 66554 |
|  | Dimerco Express Corp. | 367000 | 845091 |
|  # | D-Link Corp. | 2729068 | 1402966 |
|  | Donpon Precision, Inc. | 176000 | 157670 |
|  | Drewloong Precision, Inc. | 39000 | 213625 |
|  \* | Dyaco International, Inc. | 20000 | 14788 |
|  # | Dynamic Holding Co. Ltd. | 1062873 | 1432329 |
|  # | Dynapack International Technology Corp. | 750000 | 4078397 |
|  | E.Sun Financial Holding Co. Ltd. | 28573812 | 25344304 |
|  # | Eastech Holding Ltd. | 153000 | 495046 |
|  \* | Eastern Media International Corp. | 801000 | 409917 |
|  | Edison Opto Corp. | 392250 | 243341 |
|  | Edom Technology Co. Ltd. | 988350 | 757870 |

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | E-Lead Electronic Co. Ltd. | 27000 | $40877 |
|  # | Elitegroup Computer Systems Co. Ltd. | 1662395 | 806491 |
|  # | Emerging Display Technologies Corp. | 407000 | 305913 |
|  †† | ENG Electric Co. Ltd. | 11999 | 51 |
|  | Ennoconn Corp. | 411599 | 3461752 |
|  # | Ennostar, Inc. | 2409210 | 2724118 |
|  | EnTie Commercial Bank Co. Ltd. | 2417232 | 989277 |
|  \* | Epileds Technologies, Inc. | 313000 | 223050 |
|  # | Eson Precision Ind Co. Ltd. | 435000 | 613252 |
|  | Eternal Materials Co. Ltd. | 2505487 | 2008281 |
|  | Eurocharm Holdings Co. Ltd. | 24000 | 116254 |
|  | Eva Airways Corp. | 11359355 | 13644056 |
|  \* | Everest Textile Co. Ltd. | 1630813 | 345061 |
|  # | Evergreen Aviation Technologies Corp. | 225000 | 733561 |
|  | Evergreen International Storage & Transport Corp. | 2619000 | 2370671 |
|  # | Evergreen Marine Corp. Taiwan Ltd. | 3931658 | 25473128 |
|  | EVERGREEN Steel Corp. | 729000 | 1884083 |
|  # | Everlight Chemical Industrial Corp. | 1148950 | 605516 |
|  # | Everlight Electronics Co. Ltd. | 2218000 | 5319915 |
|  # | Evertop Wire Cable Corp. | 545000 | 412169 |
|  | Excel Cell Electronic Co. Ltd. | 37000 | 21270 |
|  # | Excellence Opto, Inc. | 297000 | 189836 |
|  | Excelsior Medical Co. Ltd. | 602348 | 1642504 |
|  | Far Eastern Department Stores Ltd. | 4119445 | 3023816 |
|  # | Far Eastern International Bank | 12605463 | 5075228 |
|  | Far Eastern New Century Corp. | 13226528 | 13610709 |
|  | Far EasTone Telecommunications Co. Ltd. | 1687397 | 4524853 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Farglory F T Z Investment Holding Co. Ltd. | 443780 | $476700 |
|  # | Farglory Land Development Co. Ltd. | 1375264 | 2567804 |
|  # | Feedback Technology Corp. | 150127 | 504918 |
|  | Feng Hsin Steel Co. Ltd. | 244000 | 459037 |
|  | First Financial Holding Co. Ltd. | 30334123 | 24155287 |
|  | First Hotel | 1014857 | 420971 |
|  # | First Insurance Co. Ltd. | 1400064 | 1292416 |
|  #\* | First Steamship Co. Ltd. | 3177042 | 612700 |
|  # | FIT Holding Co. Ltd. | 615150 | 904399 |
|  | Fitipower Integrated Technology, Inc. | 391550 | 2687847 |
|  # | FLEXium Interconnect, Inc. | 1251000 | 1986498 |
|  # | Flytech Technology Co. Ltd. | 196000 | 696701 |
|  # | FocalTech Systems Co. Ltd. | 323000 | 628313 |
|  | Forcecon Tech Co. Ltd. | 138833 | 481259 |
|  #\* | Forest Water Environment Engineering Co. Ltd. | 150052 | 140869 |
|  # | Formosa Advanced Technologies Co. Ltd. | 992000 | 824929 |
|  # | Formosa Chemicals & Fibre Corp. | 7606000 | 5943747 |
|  # | Formosa Laboratories, Inc. | 538478 | 1017933 |
|  | Formosa Oilseed Processing Co. Ltd. | 37000 | 34301 |
|  | Formosa Optical Technology Co. Ltd. | 20000 | 87091 |
|  # | Formosa Petrochemical Corp. | 2453000 | 2685412 |
|  # | Formosa Plastics Corp. | 9421000 | 10037447 |
|  # | Formosa Sumco Technology Corp. | 130000 | 324469 |
|  # | Formosa Taffeta Co. Ltd. | 3132511 | 1623782 |

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Formosan Rubber Group, Inc. | 1162761 | $909568 |
|  | Formosan Union Chemical | 1809843 | 981678 |
|  | Founding Construction & Development Co. Ltd. | 1012418 | 555606 |
|  | Foxconn Technology Co. Ltd. | 2812142 | 5234217 |
|  | Foxsemicon Integrated Technology, Inc. | 291000 | 2493865 |
|  # | Franbo Lines Corp. | 600392 | 375404 |
|  | Froch Enterprise Co. Ltd. | 1037734 | 489143 |
|  # | FSP Technology, Inc . | 810292 | 1367317 |
|  | Fu Chun Shin Machinery Manufacture Co. Ltd. | 248097 | 128460 |
|  | Fu Hua Innovation Co. Ltd. | 1348085 | 1585495 |
|  | Fubon Financial Holding Co. Ltd. | 24829733 | 65809473 |
|  # | Fulgent Sun International Holding Co. Ltd. | 517623 | 1649354 |
|  | Fullerton Technology Co. Ltd. | 416200 | 322841 |
|  #\* | Fulltech Fiber Glass Corp. | 1326833 | 1134856 |
|  | Fusheng Precision Co. Ltd. | 123000 | 1372029 |
|  # | Fwusow Industry Co. Ltd. | 1328429 | 588044 |
|  # | G Shank Enterprise Co. Ltd. | 821107 | 1876452 |
|  # | Gamania Digital Entertainment Co. Ltd. | 499000 | 1145840 |
|  # | Gemtek Technology Corp. | 1877962 | 1670413 |
|  \* | General Interface Solution GIS Holding Ltd. | 996000 | 1461384 |
|  | Generalplus Technology, Inc. | 237000 | 308692 |
|  # | Genius Electronic Optical Co. Ltd. | 313000 | 3676373 |
|  | Getac Holdings Corp. | 990065 | 3331550 |
|  # | Giant Manufacturing Co. Ltd. | 802000 | 3273946 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Giantplus Technology Co. Ltd. | 1764100 | $731425 |
|  # | Gigabyte Technology Co. Ltd. | 697287 | 5033726 |
|  # | Global Brands Manufacture Ltd. | 1520154 | 2895874 |
|  | Global Lighting Technologies, Inc. | 167000 | 234867 |
|  # | Global Mixed Mode Technology, Inc. | 104000 | 721555 |
|  | Global PMX Co. Ltd. | 62000 | 178511 |
|  | Global View Co. Ltd. | 28000 | 37717 |
|  # | Globalwafers Co. Ltd. | 522000 | 5037850 |
|  | Globe Union Industrial Corp. | 957126 | 326640 |
|  # | Gloria Material Technology Corp. | 2025116 | 2795496 |
|  # | GMI Technology, Inc. | 60221 | 100482 |
|  # | Golden Long Teng Development Co. Ltd. | 93000 | 82831 |
|  | Goldsun Building Materials Co. Ltd. | 4517171 | 5548859 |
|  | Good Will Instrument Co. Ltd. | 269746 | 353695 |
|  | Gordon Auto Body Parts | 497000 | 530346 |
|  # | Gourmet Master Co. Ltd. | 347000 | 993616 |
|  | Grand Fortune Securities Co. Ltd. | 1110929 | 427517 |
|  #\* | Grand Pacific Petrochemical | 5603018 | 2065181 |
|  | Grape King Bio Ltd. | 259000 | 1103052 |
|  # | Great China Metal Industry | 842000 | 604350 |
|  | Great Wall Enterprise Co. Ltd. | 2781236 | 5204566 |
|  | Greatek Electronics, Inc. | 793000 | 1363592 |
|  | Group Up Industrial Co. Ltd. | 4000 | 22705 |
|  | GTM Holdings Corp. | 622900 | 620836 |
|  \* | Hai Kwang Enterprise Corp. | 22000 | 10264 |
|  | Hannstar Board Corp. | 1500048 | 2228076 |
|  #\* | HannStar Display Corp. | 4952435 | 1097287 |
|  \* | HannsTouch Holdings Co. | 1962001 | 431548 |
|  # | Hanpin Electron Co. Ltd. | 334000 | 489085 |
|  # | Harvatek Corp. | 770553 | 395082 |
|  | Heran Co. Ltd. | 10000 | 26597 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Hey Song Corp. | 1745500 | $2135024 |
|  | Hi-Clearance, Inc. | 4296 | 19190 |
|  | Highlight Tech Corp. | 43600 | 61931 |
|  \* | High-Tek Harness Enterprise Co. Ltd. | 179000 | 22163 |
|  | Highwealth Construction Corp. | 4205960 | 5375708 |
|  | Hi-Lai Foods Co. Ltd. | 25000 | 114801 |
|  | HIM International Music, Inc. | 4000 | 12150 |
|  | Hiroca Holdings Ltd. | 217000 | 163637 |
|  | Hitron Technology, Inc. | 179000 | 121642 |
|  # | Hiwin Technologies Corp. | 633000 | 4369497 |
|  # | Hiyes International Co. Ltd. | 24651 | 92311 |
|  # | Ho Tung Chemical Corp. | 4467475 | 1175314 |
|  # | Hocheng Corp. | 1185066 | 661195 |
|  # | Holdings-Key Electric Wire & Cable Co. Ltd. | 371699 | 448588 |
|  | Holiday Entertainment Co. Ltd. | 23000 | 55255 |
|  # | Holy Stone Enterprise Co. Ltd. | 396800 | 1038229 |
|  | Hon Hai Precision Industry Co. Ltd. (2317 TT) | 41159192 | 183376412 |
|  # | Hong Ho Precision Textile Co. Ltd. | 74000 | 60163 |
|  # | Hong Pu Real Estate Development Co. Ltd. | 1038655 | 965201 |
|  # | Hong TAI Electric Industrial | 1300000 | 1253836 |
|  | Hong YI Fiber Industry Co. | 607000 | 236094 |
|  # | Horizon Securities Co. Ltd. | 833820 | 268843 |
|  # | Hota Industrial Manufacturing Co. Ltd. | 672000 | 1337470 |
|  # | Hotai Finance Co. Ltd. | 126000 | 267785 |
|  # | Hsin Kuang Steel Co. Ltd. | 937000 | 1265037 |
|  # | Hsing TA Cement Co. | 862614 | 452400 |
|  \* | HTC Corp. | 23000 | 27842 |
|  # | Hu Lane Associate, Inc. | 329025 | 1562086 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | HUA ENG Wire & Cable Co. Ltd. | 85000 | $65495 |
|  | Hua Jung Components Co. Ltd. | 114000 | 47766 |
|  | Hua Nan Financial Holdings Co. Ltd. | 23462628 | 19866219 |
|  | Hua Yu Lien Development Co. Ltd. | 70000 | 261651 |
|  | Huaku Development Co. Ltd. | 991100 | 3233123 |
|  # | Huang Hsiang Construction Corp. | 335000 | 540811 |
|  | Hung Ching Development & Construction Co. Ltd. | 857468 | 784554 |
|  # | Hung Sheng Construction Ltd. | 1724269 | 1230318 |
|  # | Huxen Corp. | 173281 | 272281 |
|  | Hwa Fong Rubber Industrial Co. Ltd. | 455000 | 247810 |
|  # | Hwacom Systems, Inc. | 513000 | 343564 |
|  # | IBF Financial Holdings Co. Ltd. | 13384140 | 5068160 |
|  # | Ichia Technologies, Inc. | 1160260 | 1334917 |
|  # | IEI Integration Corp. | 500200 | 1319042 |
|  # | Infortrend Technology, Inc. | 1013000 | 785775 |
|  | Info-Tek Corp. | 77000 | 74318 |
|  | Innodisk Corp. | 18000 | 131251 |
|  | Innolux Corp. | 21657431 | 9274993 |
|  # | Inpaq Technology Co. Ltd. | 359930 | 771995 |
|  # | Integrated Service Technology, Inc. | 285570 | 906867 |
|  \* | IntelliEPI, Inc. | 5000 | 15075 |
|  | Interactive Digital Technologies, Inc. | 40000 | 99369 |
|  #\* | International CSRC Investment Holdings Co. | 3248166 | 1079646 |
|  # | Inventec Corp. | 7953277 | 10159120 |
|  # | Iron Force Industrial Co. Ltd. | 200420 | 602461 |
|  # | ITE Technology, Inc. | 357479 | 1454246 |
|  # | ITEQ Corp. | 711000 | 1427854 |
|  # | Jarllytec Co. Ltd. | 109000 | 420421 |
|  # | Jean Co. Ltd. | 692428 | 507423 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Jetway Information Co. Ltd. | 52500 | $73979 |
|  | Jia Wei Lifestyle, Inc. | 117000 | 183313 |
|  # | Jiin Yeeh Ding Enterprise Co. Ltd. | 193000 | 388064 |
|  # | Johnson Health Tech Co. Ltd. | 60000 | 323752 |
|  | Joinsoon Electronics Manufacturing Co. Ltd. | 93921 | 37158 |
|  # | K Laser Technology, Inc. | 785601 | 417751 |
|  # | Kaimei Electronic Corp. | 387400 | 684506 |
|  | Kaulin Manufacturing Co. Ltd. | 477656 | 191358 |
|  # | Kedge Construction Co. Ltd. | 184850 | 455836 |
|  # | KEE TAI Properties Co. Ltd. | 551780 | 218791 |
|  | Kenda Rubber Industrial Co. Ltd. | 1416409 | 1044821 |
|  | Kent Industrial Co. Ltd. | 18000 | 14066 |
|  | Kerry TJ Logistics Co. Ltd. | 206000 | 228598 |
|  | KGI Financial Holding Co. Ltd. | 53691205 | 27848320 |
|  # | KHGEARS International Ltd. | 105000 | 497402 |
|  # | Kindom Development Co. Ltd. | 1887000 | 3010150 |
|  # | King Chou Marine Technology Co. Ltd. | 301100 | 417565 |
|  # | King Polytechnic Engineering Co. Ltd. | 122100 | 178932 |
|  | King Yuan Electronics Co. Ltd. | 3390805 | 9221018 |
|  # | King's Town Bank Co. Ltd. | 3766012 | 5701667 |
|  #\* | King's Town Construction Co. Ltd. | 410380 | 609502 |
|  | Kingstate Electronics Corp. | 23000 | 27208 |
|  # | Kinko Optical Co. Ltd. | 666756 | 516749 |
|  # | Kinpo Electronics | 5886375 | 3675935 |
|  | Kinsus Interconnect Technology Corp. | 1359000 | 3210286 |
|  | KMC Kuei Meng International, Inc. | 105000 | 317834 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Ko Ja Cayman Co. Ltd. | 95000 | $116219 |
|  # | KS Terminals, Inc. | 404000 | 697709 |
|  | Kuang Hong Arts Management, Inc. | 8000 | 22595 |
|  | Kuen Ling Machinery Refrigerating Co. Ltd. | 8000 | 11428 |
|  | Kung Long Batteries Industrial Co. Ltd. | 100000 | 445901 |
|  #\* | Kung Sing Engineering Corp. | 2299875 | 881059 |
|  # | Kuo Toong International Co. Ltd. | 772808 | 1336717 |
|  | Kuo Yang Construction Co. Ltd. | 49000 | 30566 |
|  # | Kwong Fong Industries Corp. | 481649 | 185959 |
|  | Kwong Lung Enterprise Co. Ltd. | 314000 | 511168 |
|  | L&K Engineering Co. Ltd. | 426303 | 3150871 |
|  # | La Kaffa International Co. Ltd. | 11000 | 31852 |
|  \* | LAN FA Textile | 985713 | 358191 |
|  # | Lanner Electronics, Inc. | 363000 | 993137 |
|  | Largan Precision Co. Ltd. (3008 TT) | 329000 | 23454952 |
|  # | Laser Tek Taiwan Co. Ltd. | 129000 | 173191 |
|  # | Laster Tech Corp. Ltd. | 402172 | 360215 |
|  #\* | Lealea Enterprise Co. Ltd. | 3801898 | 885125 |
|  # | LEE CHI Enterprises Co. Ltd. | 891900 | 312070 |
|  # | Lelon Electronics Corp. | 395000 | 893636 |
|  | Lemtech Holdings Co. Ltd. | 119000 | 331843 |
|  | Leo Systems, Inc. | 80000 | 77314 |
|  \* | Leofoo Development Co. Ltd. | 148000 | 79688 |
|  #\* | Li Peng Enterprise Co. Ltd. | 2274381 | 443558 |
|  | Lida Holdings Ltd. | 153680 | 97620 |
|  # | Lien Hwa Industrial Holdings Corp. | 2071942 | 2839476 |
|  # | Lingsen Precision Industries Ltd. | 1924480 | 848350 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Lion Travel Service Co. Ltd. | 32000 | $136919 |
|  | Lite-On Technology Corp. | 6635738 | 20067976 |
|  | Liton Technology Corp. | 92000 | 97895 |
|  #\* | Long Bon International Co. Ltd. | 855880 | 459080 |
|  # | Long Da Construction & Development Corp. | 563000 | 616354 |
|  #\* | Longchen Paper & Packaging Co. Ltd. | 4098859 | 1169717 |
|  # | Longwell Co. | 670000 | 1604633 |
|  | Lotus Pharmaceutical Co. Ltd. | 372000 | 2562860 |
|  | Loyalty Founder Enterprise Co. Ltd. | 78000 | 80504 |
|  # | Lucky Cement Corp. | 775000 | 335065 |
|  # | Lumax International Corp. Ltd. | 189000 | 562754 |
|  \* | Lung Yen Life Service Corp. | 171000 | 363525 |
|  | Lungteh Shipbuilding Co. Ltd. | 13000 | 40756 |
|  # | Macauto Industrial Co. Ltd. | 109000 | 173763 |
|  | Macnica Galaxy, Inc. | 9000 | 27638 |
|  # | Macronix International Co. Ltd. | 9388605 | 5835221 |
|  \* | Magnate Technology Co. Ltd. | 17000 | 26136 |
|  | Man Zai Industrial Co. Ltd. | 114800 | 122737 |
|  # | Marketech International Corp. | 137000 | 688769 |
|  | Materials Analysis Technology, Inc. | 29000 | 141323 |
|  # | Mayer Steel Pipe Corp. | 716947 | 640307 |
|  # | Maywufa Co. Ltd. | 182070 | 125596 |
|  # | Mega Financial Holding Co. Ltd. | 20891717 | 24741651 |
|  | Megaforce Co. Ltd. | 152000 | 130908 |
|  # | Mercuries & Associates Holding Ltd. | 2348771 | 1003448 |
|  \* | Mercuries Life Insurance Co. Ltd. | 4507987 | 779155 |
|  # | Merida Industry Co. Ltd. | 597000 | 2476162 |
|  | Merry Electronics Co. Ltd. | 958245 | 3393033 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | METAAGE Corp. | 221000 | $353096 |
|  | Micro-Star International Co. Ltd. | 1386000 | 6061773 |
|  # | Mildef Crete, Inc. | 142000 | 442705 |
|  # | MIN AIK Technology Co. Ltd. | 273600 | 219378 |
|  | Mitac Holdings Corp. | 2557682 | 4259599 |
|  | Motech Industries, Inc. | 877000 | 515374 |
|  # | MSSCORPS Co. Ltd. | 135019 | 526697 |
|  | Nak Sealing Technologies Corp. | 83000 | 301784 |
|  # | Namchow Holdings Co. Ltd. | 449000 | 661004 |
|  | Nan Kang Rubber Tire Co. Ltd. | 130000 | 158902 |
|  | Nan Liu Enterprise Co. Ltd. | 9000 | 15892 |
|  | Nan Pao Resins Chemical Co. Ltd. | 140000 | 1491577 |
|  #\* | Nan Ren Lake Leisure Amusement Co. Ltd. | 761739 | 281546 |
|  # | Nan Ya Plastics Corp. | 12752000 | 12220347 |
|  # | Nan Ya Printed Circuit Board Corp. | 744000 | 2297756 |
|  | Nang Kuang Pharmaceutical Co. Ltd. | 171000 | 195836 |
|  | Nantex Industry Co. Ltd. | 376000 | 314853 |
|  #\* | Nanya Technology Corp. | 3299000 | 3724722 |
|  | National Aerospace Fasteners Corp. | 84000 | 248628 |
|  | Netronix, Inc. | 25000 | 88125 |
|  \* | New Asia Construction & Development Corp. | 375000 | 216855 |
|  # | Nichidenbo Corp. | 380000 | 767069 |
|  | Nien Hsing Textile Co. Ltd. | 470061 | 269918 |
|  # | Niko Semiconductor Co. Ltd. | 162473 | 202274 |
|  # | Nishoku Technology, Inc. | 201000 | 863933 |
|  | Nova Technology Corp. | 16000 | 85072 |
|  | Nuvoton Technology Corp. | 214000 | 459889 |
|  | O-Bank Co. Ltd. | 3349604 | 996201 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Ocean Plastics Co. Ltd. | 125000 | $135823 |
|  | Optimax Technology Corp. | 241000 | 239930 |
|  | Orient Semiconductor Electronics Ltd. | 1115670 | 1122664 |
|  | Oriental Union Chemical Corp. | 411000 | 175020 |
|  | O-TA Precision Industry Co. Ltd. | 6000 | 12423 |
|  # | Pacific Construction Co. | 1552452 | 495714 |
|  #\* | Paiho Shih Holdings Corp. | 271843 | 184106 |
|  # | Pan German Universal Motors Ltd. | 59000 | 524979 |
|  # | Pan Jit International, Inc. | 1024100 | 1423429 |
|  # | Pan-International Industrial Corp. | 2067444 | 2445325 |
|  | Parade Technologies Ltd. | 167000 | 2822770 |
|  | Parpro Corp. | 28000 | 37625 |
|  #\* | PChome Online, Inc. | 441061 | 516569 |
|  # | PCL Technologies, Inc. | 154000 | 457860 |
|  | Pegatron Corp. | 9262998 | 23535171 |
|  | Pegavision Corp. | 78000 | 850944 |
|  \* | Phihong Technology Co. Ltd. | 562000 | 453191 |
|  # | Phison Electronics Corp. | 463000 | 6473964 |
|  | Phoenix Silicon International Corp. | 257000 | 1050224 |
|  | Phoenix Tours International, Inc. | 47000 | 86707 |
|  # | Pixart Imaging, Inc. | 326000 | 2188425 |
|  | Plastron Precision Co. Ltd. | 76156 | 38716 |
|  \* | Plotech Co. Ltd. | 169000 | 49019 |
|  | Podak Co. Ltd. | 44000 | 56589 |
|  # | Posiflex Technology, Inc. | 66000 | 534632 |
|  | Pou Chen Corp. | 8873550 | 9137698 |
|  #\* | Powerchip Semiconductor Manufacturing Corp. | 8218000 | 3633072 |
|  # | Powertech Technology, Inc. | 2533000 | 8607179 |
|  | President Securities Corp. | 4203263 | 3098313 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Primax Electronics Ltd. | 1899000 | $4436814 |
|  # | Prince Housing & Development Corp. | 4969018 | 1416673 |
|  # | Promate Electronic Co. Ltd. | 368000 | 817130 |
|  # | Prosperity Dielectrics Co. Ltd. | 241000 | 267177 |
|  # | Qisda Corp. | 5564171 | 4661066 |
|  # | QST International Corp. | 191713 | 322555 |
|  # | Qualipoly Chemical Corp. | 290593 | 495361 |
|  | Quang Viet Enterprise Co. Ltd. | 33000 | 86815 |
|  | Quanta Storage, Inc. | 583000 | 1478213 |
|  | Quaser Machine Tools, Inc. | 11000 | 25888 |
|  #\* | Quintain Steel Co. Ltd. | 1403247 | 436233 |
|  | Radiant Opto-Electronics Corp. | 1869000 | 8682009 |
|  # | Radium Life Tech Co. Ltd. | 2795543 | 1103349 |
|  | Raydium Semiconductor Corp. | 148000 | 1505030 |
|  # | Rechi Precision Co. Ltd. | 1336000 | 1242530 |
|  | Rexon Industrial Corp. Ltd. | 357000 | 356239 |
|  # | Rich Development Co. Ltd. | 2606175 | 733777 |
|  \* | RiTdisplay Corp. | 15000 | 16076 |
|  \* | Ritek Corp. | 2666449 | 888737 |
|  | Roundtop Machinery Industries Co. Ltd. | 22000 | 22061 |
|  | RoyalTek Co. Ltd. | 16000 | 22263 |
|  | Ruentex Development Co. Ltd. | 3752900 | 3863022 |
|  | Ruentex Industries Ltd. | 2067385 | 3552889 |
|  | Run Long Construction Co. Ltd. | 602000 | 608779 |
|  # | Sampo Corp. | 1886340 | 1501555 |
|  | San Fang Chemical Industry Co. Ltd. | 116000 | 142638 |
|  | San Fu Chemical Co. Ltd. | 17000 | 54978 |
|  | Sanitar Co. Ltd. | 9000 | 12774 |

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Sanyang Motor Co. Ltd. | 1677624 | $3635278 |
|  # | Savior Lifetec Corp. | 426000 | 256907 |
|  | ScinoPharm Taiwan Ltd. | 237000 | 139241 |
|  | SDI Corp. | 178000 | 399024 |
|  # | Sea Sonic Electronics Co. Ltd. | 71000 | 140697 |
|  | Senao International Co. Ltd. | 33000 | 32749 |
|  | Senao Networks, Inc. | 4000 | 22071 |
|  | Sensortek Technology Corp. | 15000 | 84933 |
|  # | Sercomm Corp. | 686000 | 2248264 |
|  | Sesoda Corp. | 787279 | 818362 |
|  # | Shanghai Commercial & Savings Bank Ltd. | 8042566 | 11860116 |
|  | Shan-Loong Transportation Co. Ltd. | 306000 | 149063 |
|  | Sharehope Medicine Co. Ltd. | 258278 | 223088 |
|  # | Sheng Yu Steel Co. Ltd. | 611000 | 457816 |
|  # | ShenMao Technology, Inc. | 273000 | 499518 |
|  | Shieh Yih Machinery Industry Co. Ltd. | 169000 | 149453 |
|  # | Shih Her Technologies, Inc. | 260000 | 806304 |
|  #\* | Shih Wei Navigation Co. Ltd. | 1486271 | 751718 |
|  | Shihlin Electric & Engineering Corp. | 440000 | 1972718 |
|  \* | Shin Foong Specialty & Applied Materials Co. Ltd. | 14000 | 18438 |
|  #\* | Shin Kong Financial Holding Co. Ltd. | 45403811 | 16754669 |
|  | Shin Ruenn Development Co. Ltd. | 74050 | 145005 |
|  # | Shin Zu Shing Co. Ltd. | 522517 | 3048377 |
|  \* | Shining Building Business Co. Ltd. | 1040368 | 345476 |
|  | Shinkong Insurance Co. Ltd. | 763412 | 2549417 |
|  | Shinkong Synthetic Fibers Corp. | 6366754 | 2489349 |
|  | Shiny Chemical Industrial Co. Ltd. | 5000 | 20827 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Shuttle, Inc. | 1357015 | $714550 |
|  | Sigurd Microelectronics Corp. | 2351231 | 5328070 |
|  | Simplo Technology Co. Ltd. | 365000 | 3995232 |
|  | Sincere Navigation Corp. | 1825242 | 1325113 |
|  | Sinher Technology, Inc. | 269000 | 217205 |
|  # | Sinmag Equipment Corp. | 27000 | 124828 |
|  | Sino-American Silicon Products, Inc. | 895000 | 3102650 |
|  # | Sinon Corp. | 1847877 | 2318042 |
|  | SinoPac Financial Holdings Co. Ltd. | 43396809 | 28998723 |
|  | Sinopower Semiconductor, Inc. | 46000 | 131752 |
|  # | Sinphar Pharmaceutical Co. Ltd. | 345840 | 343728 |
|  | Sinyi Realty, Inc. | 242000 | 211385 |
|  # | Sirtec International Co. Ltd. | 337200 | 305589 |
|  | Sitronix Technology Corp. | 241000 | 1596966 |
|  # | Siward Crystal Technology Co. Ltd. | 740875 | 485896 |
|  # | Soft-World International Corp. | 131000 | 409779 |
|  # | Solar Applied Materials Technology Corp. | 1709000 | 2822339 |
|  # | Solteam, Inc. | 187742 | 283609 |
|  # | Song Shang Electronics Co. Ltd. | 186000 | 154236 |
|  | Southeast Cement Co. Ltd. | 901700 | 520810 |
|  # | Speed Tech Corp. | 374000 | 482866 |
|  | Spirox Corp. | 63563 | 98984 |
|  # | Sports Gear Co. Ltd. | 85000 | 308915 |
|  # | St. Shine Optical Co. Ltd. | 161000 | 866996 |
|  # | Standard Chemical & Pharmaceutical Co. Ltd. | 405000 | 738905 |
|  # | Standard Foods Corp. | 284000 | 299657 |
|  #\* | Starlux Airlines Co. Ltd. | 182000 | 138076 |
|  # | S-Tech Corp. | 402926 | 365594 |

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | Sumeeko Industries Co. Ltd. | 56000 | $143892 |
|  | Sun Max Tech Ltd. | 100000 | 145897 |
|  #\* | Sun Yad Construction Co. Ltd. | 210095 | 96177 |
|  | Sunflex Tech Co. Ltd. | 1848 | 1329 |
|  \* | Sunko INK Co. Ltd. | 104000 | 38814 |
|  | Sunny Friend Environmental Technology Co. Ltd. | 40000 | 98389 |
|  | Sunonwealth Electric Machine Industry Co. Ltd. | 147000 | 398632 |
|  | Sunplus Innovation Technology, Inc. | 6000 | 23998 |
|  #\* | Sunplus Technology Co. Ltd. | 591000 | 396705 |
|  | Sunrex Technology Corp. | 565108 | 930107 |
|  # | Sunspring Metal Corp. | 459569 | 379726 |
|  | Superalloy Industrial Co. Ltd. | 24000 | 46639 |
|  | Superior Plating Technology Co. Ltd. | 15000 | 25311 |
|  # | Supreme Electronics Co. Ltd. | 2166507 | 3452672 |
|  # | Swancor Holding Co. Ltd. | 186000 | 431368 |
|  # | Sweeten Real Estate Development Co. Ltd. | 968670 | 944778 |
|  # | Symtek Automation Asia Co. Ltd. | 54158 | 262723 |
|  # | Syncmold Enterprise Corp. | 451000 | 1125264 |
|  | Synmosa Biopharma Corp. | 590143 | 596272 |
|  | Synnex Technology International Corp. | 4674550 | 10370658 |
|  | Syn-Tech Chem & Pharm Co. Ltd. | 11000 | 32073 |
|  | Syscom Computer Engineering Co. | 41000 | 81775 |
|  | Sysgration | 34000 | 39017 |
|  # | Systex Corp. | 402000 | 1519048 |
|  # | T3EX Global Holdings Corp. | 472000 | 1044329 |
|  | TA Chen Stainless Pipe | 4882392 | 6417198 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Ta Ya Electric Wire & Cable | 2266350 | $2539551 |
|  # | Tah Hsin Industrial Corp. | 324701 | 666018 |
|  | TA-I Technology Co. Ltd. | 235500 | 344360 |
|  #\* | Tai Tung Communication Co. Ltd. | 559077 | 367019 |
|  | Taichung Commercial Bank Co. Ltd. | 26830456 | 16640249 |
|  | TaiDoc Technology Corp. | 218000 | 913539 |
|  # | Taiflex Scientific Co. Ltd. | 965397 | 1348927 |
|  # | Taimide Tech, Inc. | 199000 | 316418 |
|  # | Tainan Enterprises Co. Ltd. | 487183 | 457756 |
|  | Tainan Spinning Co. Ltd. | 5726485 | 2156476 |
|  | Tai-Saw Technology Co. Ltd. | 205000 | 126478 |
|  # | Taishin Financial Holding Co. Ltd. | 42186456 | 22045359 |
|  #\* | Taisun Enterprise Co. Ltd. | 555000 | 358910 |
|  # | Taita Chemical Co. Ltd. | 607394 | 228968 |
|  # | TAI-TECH Advanced Electronics Co. Ltd. | 222000 | 660276 |
|  | Taiwan Business Bank | 25958628 | 11496763 |
|  # | Taiwan Chinsan Electronic Industrial Co. Ltd. | 339488 | 330931 |
|  | Taiwan Cogeneration Corp. | 259000 | 330948 |
|  | Taiwan Cooperative Financial Holding Co. Ltd. | 23549317 | 17986241 |
|  | Taiwan Fertilizer Co. Ltd. | 2433000 | 3902589 |
|  # | Taiwan Fire & Marine Insurance Co. Ltd. | 1290000 | 1386060 |
|  # | Taiwan FU Hsing Industrial Co. Ltd. | 693000 | 1028311 |
|  #\* | Taiwan Glass Industry Corp. | 4278982 | 1883115 |
|  | Taiwan Hon Chuan Enterprise Co. Ltd. | 1138704 | 5510966 |

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Taiwan Hopax Chemicals Manufacturing Co. Ltd. | 813160 | $810837 |
|  †† | Taiwan Land Development Corp. | 4185322 | 65758 |
|  | Taiwan Line Tek Electronic | 18000 | 12023 |
|  # | Taiwan Mask Corp. | 227000 | 221711 |
|  # | Taiwan Navigation Co. Ltd. | 1063000 | 919567 |
|  | Taiwan Paiho Ltd. | 1060000 | 1936610 |
|  # | Taiwan PCB Techvest Co. Ltd. | 1418946 | 1335086 |
|  | Taiwan Sakura Corp. | 64000 | 176602 |
|  # | Taiwan Semiconductor Co. Ltd. | 753000 | 1095581 |
|  | Taiwan Shin Kong Security Co. Ltd. | 371390 | 475398 |
|  | Taiwan Steel Union Co. Ltd. | 8000 | 25928 |
|  # | Taiwan Surface Mounting Technology Corp. | 1330991 | 4265037 |
|  | Taiwan Takisawa Technology Co. Ltd. | 22000 | 36602 |
|  #\* | Taiwan TEA Corp. | 2019092 | 1035484 |
|  # | Taiwan Union Technology Corp. | 652000 | 2781245 |
|  | Taiwan-Asia Semiconductor Corp. | 335000 | 228201 |
|  # | Taiyen Biotech Co. Ltd. | 582217 | 572483 |
|  #\* | Tatung Co. Ltd. | 4799000 | 6102659 |
|  | TCC Group Holdings Co. Ltd. | 18560110 | 17248054 |
|  | TCI Co. Ltd. | 250000 | 1162426 |
|  # | Te Chang Construction Co. Ltd. | 170260 | 304882 |
|  # | Teco Electric & Machinery Co. Ltd. | 5004725 | 7669761 |
|  | Tera Autotech Corp. | 61863 | 44031 |
|  # | Test Research, Inc. | 399000 | 1337372 |
|  # | Test Rite International Co. Ltd. | 1078266 | 687333 |
|  | Thermaltake Technology Co. Ltd. | 183000 | 158518 |
|  # | Thinking Electronic Industrial Co. Ltd. | 218000 | 872470 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Thye Ming Industrial Co. Ltd. | 301600 | $676358 |
|  | Ton Yi Industrial Corp. | 3835600 | 2171915 |
|  # | Tong Hsing Electronic Industries Ltd. | 741480 | 2457621 |
|  | Tong Yang Industry Co. Ltd. | 1874000 | 7710964 |
|  # | Tong-Tai Machine & Tool Co. Ltd. | 738447 | 577474 |
|  | Top Union Electronics Corp. | 207673 | 211895 |
|  | Topco Scientific Co. Ltd. | 183000 | 1405742 |
|  | Topco Technologies Corp. | 18000 | 36396 |
|  # | Topkey Corp. | 227000 | 1289094 |
|  # | Topoint Technology Co. Ltd. | 663459 | 557823 |
|  #\* | TPK Holding Co. Ltd. | 1366000 | 1314108 |
|  # | Transcend Information, Inc. | 249000 | 782666 |
|  # | Tripod Technology Corp. | 1506000 | 8695245 |
|  | Tsann Kuen Enterprise Co. Ltd. | 119182 | 99272 |
|  # | TSC Auto ID Technology Co. Ltd. | 43199 | 250245 |
|  | TSEC Corp. | 42000 | 20583 |
|  | TSRC Corp. | 1013000 | 593965 |
|  | TTY Biopharm Co. Ltd. | 78000 | 188226 |
|  | Tung Ho Steel Enterprise Corp. | 2802593 | 5659818 |
|  | Tung Ho Textile Co. Ltd. | 23000 | 13575 |
|  # | Tung Thih Electronic Co. Ltd. | 188800 | 393999 |
|  # | TURVO International Co. Ltd. | 143000 | 780112 |
|  # | TXC Corp. | 1114000 | 3094566 |
|  # | TYC Brother Industrial Co. Ltd. | 866723 | 1312089 |
|  | Tycoons Group Enterprise | 1440515 | 369036 |
|  # | Tyntek Corp. | 1446097 | 721150 |
|  | TZE Shin International Co. Ltd. | 48000 | 30030 |
|  # | Ubright Optronics Corp. | 62000 | 157929 |
|  # | UDE Corp. | 353000 | 904519 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | U-Ming Marine Transport Corp. | 1886000 | $3097451 |
|  # | Unic Technology Corp. | 245000 | 225410 |
|  # | Unimicron Technology Corp. | 4502000 | 13281194 |
|  | Union Bank of Taiwan | 12111154 | 6302438 |
|  \* | Union Insurance Co. Ltd. | 79000 | 71539 |
|  | Uni-President Enterprises Corp. | 2046000 | 4916872 |
|  | Unitech Computer Co. Ltd. | 477739 | 575255 |
|  #\* | Unitech Printed Circuit Board Corp. | 3464400 | 2623461 |
|  # | United Microelectronics Corp. (2303 TT) | 42425681 | 59533862 |
|  | United Orthopedic Corp. | 321000 | 897216 |
|  | United Radiant Technology | 20000 | 13732 |
|  \*†† | Unity Opto Technology Co. Ltd. | 2993000 | 0 |
|  | Univacco Technology, Inc. | 83000 | 127767 |
|  # | Universal Cement Corp. | 2324539 | 2034775 |
|  # | UPC Technology Corp. | 3623598 | 944140 |
|  | UPI Semiconductor Corp. | 46000 | 264440 |
|  | Userjoy Technology Co. Ltd. | 39900 | 117354 |
|  # | USI Corp. | 4178827 | 1335453 |
|  \* | Usun Technology Co. Ltd. | 79100 | 94584 |
|  # | Utechzone Co. Ltd. | 118000 | 343197 |
|  # | UVAT Technology Co. Ltd. | 66000 | 154521 |
|  # | Vanguard International Semiconductor Corp. | 1835201 | 5180793 |
|  | Ve Wong Corp. | 912806 | 1088624 |
|  # | Ventec International Group Co. Ltd. | 189000 | 401782 |
|  | Viking Tech Corp. | 196000 | 193303 |
|  | Visco Vision, Inc. | 2000 | 10295 |
|  | Vizionfocus, Inc. | 3000 | 18870 |
|  # | Wafer Works Corp. | 1751616 | 1103667 |
|  # | Waffer Technology Corp. | 89000 | 139277 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  # | Wah Hong Industrial Corp. | 359516 | $373230 |
|  | Wah Lee Industrial Corp. | 862100 | 2566453 |
|  # | Walsin Lihwa Corp. | 8467971 | 5485604 |
|  # | Walsin Technology Corp. | 1207000 | 2965426 |
|  # | Walton Advanced Engineering, Inc. | 1262853 | 486016 |
|  # | Wan Hai Lines Ltd. | 2350000 | 6108054 |
|  \* | We&Win Diversification Co. Ltd. | 37000 | 25569 |
|  | WEI Chih Steel Industrial Co. Ltd. | 16000 | 9153 |
|  # | Wei Chuan Foods Corp. | 646000 | 328523 |
|  # | Weikeng Industrial Co. Ltd. | 2081490 | 2135944 |
|  # | Well Shin Technology Co. Ltd. | 450080 | 821374 |
|  | WELLELL, Inc. | 61000 | 42063 |
|  \* | Wha Yu Industrial Co. Ltd. | 189000 | 88733 |
|  #\* | Win Semiconductors Corp. | 1392000 | 3946894 |
|  #\* | Winbond Electronics Corp. | 13313422 | 6599460 |
|  | Winmate, Inc. | 31000 | 132461 |
|  # | Winstek Semiconductor Co. Ltd. | 207000 | 584990 |
|  \*†† | Wintek Corp. | 20783484 | 0 |
|  # | Wisdom Marine Lines Co. Ltd. | 1764364 | 3337725 |
|  # | Wistron Corp. | 8316343 | 26685113 |
|  | Wistron NeWeb Corp. | 982474 | 3874631 |
|  # | WITS Corp. | 118659 | 371207 |
|  # | Wonderful Hi-Tech Co. Ltd. | 504000 | 576534 |
|  # | WPG Holdings Ltd. | 5323284 | 11277822 |
|  | WT Microelectronics Co. Ltd. | 2255104 | 8260607 |
|  # | WUS Printed Circuit Co. Ltd. | 483668 | 585527 |
|  # | Xxentria Technology Materials Corp. | 397906 | 631953 |
|  | Ya Horng Electronic Co. Ltd. | 22000 | 40833 |
|  | Yageo Corp. | 1496631 | 21458973 |
|  # | Yang Ming Marine Transport Corp. | 5775000 | 12338157 |
|  # | YC INOX Co. Ltd. | 2009894 | 1337769 |

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TAIWAN — (Continued) | TAIWAN — (Continued) |  |  |
|  | YCC Parts Manufacturing Co. Ltd. | 30000 | $49484 |
|  # | Yea Shin International Development Co. Ltd. | 971745 | 1034305 |
|  # | Yem Chio Co. Ltd. | 2519746 | 1271242 |
|  | Yen Sun Technology Corp. | 58000 | 76255 |
|  \* | Yeong Guan Energy Technology Group Co. Ltd. | 198509 | 182148 |
|  | YFC-Boneagle Electric Co. Ltd. | 20449 | 14077 |
|  # | YFY, Inc. | 4660847 | 3805947 |
|  # | Yi Jinn Industrial Co. Ltd. | 1197149 | 637763 |
|  # | Yieh Phui Enterprise Co. Ltd. | 3961862 | 1959820 |
|  # | Young Fast Optoelectronics Co. Ltd. | 413000 | 652234 |
|  # | Youngtek Electronics Corp. | 596047 | 1151223 |
|  | Yuanta Financial Holding Co. Ltd. | 40542073 | 39721515 |
|  | Yuen Foong Yu Consumer Products Co. Ltd. | 24000 | 30983 |
|  | Yulon Finance Corp. | 107000 | 361501 |
|  # | Yulon Motor Co. Ltd. | 2522350 | 3106586 |
|  | Yung Chi Paint & Varnish Manufacturing Co. Ltd. | 214687 | 505783 |
|  # | YungShin Global Holding Corp. | 641000 | 1314676 |
|  | Yusin Holding Corp. | 13643 | 46364 |
|  # | Zeng Hsing Industrial Co. Ltd. | 220358 | 686110 |
|  | Zenitron Corp. | 940000 | 935023 |
|  # | Zero One Technology Co. Ltd. | 428391 | 1685711 |
|  # | Zhen Ding Technology Holding Ltd. | 3471000 | 10633100 |
|  #\* | Zig Sheng Industrial Co. Ltd. | 1656352 | 496913 |
|  \* | Zinwell Corp. | 567000 | 209739 |
|  # | Zippy Technology Corp. | 267000 | 444313 |
|  # | Zyxel Group Corp. | 1338793 | 1260119 |
|  TOTAL TAIWAN | TOTAL TAIWAN |  | 2046186059 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (1.4%) | THAILAND — (1.4%) |  |  |
|  | AAPICO Hitech PCL (AH/F TB) | 810847 | $291279 |
|  | AAPICO Hitech PCL (AH-R TB), NVDR | 85550 | 30732 |
|  \* | Absolute Clean Energy PCL | 333200 | 13266 |
|  | AP Thailand PCL | 10762130 | 2577370 |
|  | Asset World Corp. PCL | 4923200 | 324234 |
|  | Bangchak Corp. PCL | 4774400 | 5109558 |
|  | Bangkok Bank PCL (BBLF TB) | 3293353 | 13802407 |
|  | Bangkok Bank PCL (BBLR TB), NVDR | 259600 | 1087981 |
|  | Bangkok Commercial Asset Management PCL | 6061854 | 1152306 |
|  | Bangkok Land PCL | 49165786 | 603442 |
|  | Bangkok Life Assurance PCL, NVDR | 325500 | 163700 |
|  | Banpu PCL | 23148133 | 2979703 |
|  # | Berli Jucker PCL | 3756900 | 2676672 |
|  \* | Beyond Securities PCL | 1695300 | 19285 |
|  | BKI Holdings PCL | 153028 | 1291839 |
|  | Charoen Pokphand Foods PCL | 16224800 | 12871043 |
|  | CP Axtra PCL | 778968 | 588802 |
|  \* | Demco PCL | 411700 | 20089 |
|  \* | Energy Absolute PCL | 5218400 | 340551 |
|  # | GFPT PCL | 2125200 | 642554 |
|  | Global Green Chemicals PCL | 30900 | 4200 |
|  | Hana Microelectronics PCL | 783400 | 452616 |
|  | ICC International PCL | 2596398 | 2623213 |
|  # | Indorama Ventures PCL | 1710622 | 972963 |
|  | IRPC PCL | 25397800 | 661460 |
|  \* | Italian-Thai Development PCL | 5342190 | 44778 |
|  | Kasikornbank PCL (KBANKF TB) | 176800 | 844173 |
|  | Kasikornbank PCL (KBANKR TB), NVDR | 843501 | 4027493 |
|  | Khon Kaen Sugar Industry PCL | 7579607 | 344889 |
|  # | Kiatnakin Phatra Bank PCL | 657713 | 984453 |
|  | Krung Thai Bank PCL  | 9614300 | 6274263 |
|  | Lalin Property PCL | 204200 | 30564 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  | LH Financial Group PCL | 6930046 | $161815 |
|  | LPN Development PCL | 4563602 | 275961 |
|  | Northeast Rubber PCL | 1917288 | 235320 |
|  | Origin Property PCL | 2311065 | 136291 |
|  # | Polyplex Thailand PCL | 1641925 | 535758 |
|  | Precious Shipping PCL | 3490750 | 616537 |
|  | Property Perfect PCL | 40331535 | 132809 |
|  | Pruksa Holding PCL | 2674200 | 384259 |
|  | PTT Exploration & Production PCL | 2695300 | 8028210 |
|  # | PTT Global Chemical PCL | 5871741 | 3040896 |
|  | PTT PCL | 44568100 | 41359410 |
|  | Quality Houses PCL | 18839347 | 845952 |
|  # | Regional Container Lines PCL | 1324800 | 908185 |
|  | Rojana Industrial Park PCL | 3265173 | 571808 |
|  | S Hotels & Resorts PCL | 3855440 | 196206 |
|  | Saha Pathana Inter-Holding PCL | 2248100 | 4290267 |
|  | Saha Pathanapibul PCL | 1052533 | 1866864 |
|  | Saha-Union PCL | 1568500 | 1349929 |
|  | Sansiri PCL | 61118766 | 2543185 |
|  # | SC Asset Corp. PCL | 7544653 | 523981 |
|  | SCB X PCL | 599100 | 2134198 |
|  # | SCG Packaging PCL | 2564200 | 1082330 |
|  # | SCGJWD Logistics PCL | 63200 | 14946 |
|  | Siam Cement PCL | 1158100 | 5546954 |
|  | Siamgas & Petrochemicals PCL | 444700 | 92521 |
|  \* | Singer Thailand PCL | 411800 | 79512 |
|  | Somboon Advance Technology PCL | 1029700 | 357567 |
|  | SPCG PCL | 2021300 | 478020 |
|  # | Sri Trang Agro-Industry PCL | 3081858 | 1245475 |
|  # | Sri Trang Gloves Thailand PCL | 2534048 | 523423 |
|  | Srithai Superware PCL | 4327500 | 143797 |
|  | Star Petroleum Refining PCL | 450987 | 73578 |
|  #\* | Stecon Group PCL | 2688278 | 591494 |
|  \* | STP & I PCL | 2638600 | 197470 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  THAILAND — (Continued) | THAILAND — (Continued) |  |  |
|  # | Supalai PCL | 4655400 | $2201925 |
|  \* | Super Energy Corp. PCL | 72819209 | 305185 |
|  | Susco PCL | 519500 | 42611 |
|  | Thai Oil PCL | 4620474 | 3699975 |
|  | Thai Stanley Electric PCL (STANLY/F TB), Class F | 170100 | 1110067 |
|  | Thai Stanley Electric PCL (STANLY-R TB), NVDR | 19100 | 124646 |
|  | Thai Union Group PCL | 304600 | 98479 |
|  | Thai Wacoal PCL | 69100 | 46749 |
|  | Thanachart Capital PCL | 821700 | 1174560 |
|  # | Thoresen Thai Agencies PCL | 6496976 | 801303 |
|  # | TMBThanachart Bank PCL | 64204896 | 3517287 |
|  # | TPI Polene PCL | 34479840 | 970245 |
|  | TPI Polene Power PCL | 10180362 | 639987 |
|  | WHA Corp. PCL | 446600 | 40375 |
|  TOTAL THAILAND | TOTAL THAILAND |  | 159190200 |
|  TURKEY — (0.7%) | TURKEY — (0.7%) |  |  |
|  \* | Adese Alisveris Merkezleri Ticaret AS | 3829694 | 241313 |
|  \* | Akenerji Elektrik Uretim AS | 902789 | 207782 |
|  | Aksa Enerji Uretim AS | 665800 | 539475 |
|  # | Alarko Holding AS | 530795 | 1272222 |
|  | Albaraka Turk Katilim Bankasi AS | 7145965 | 1120465 |
|  \* | Arcelik AS | 153515 | 454959 |
|  \* | Arsan Tekstil Ticaret ve Sanayi AS | 66836 | 36201 |
|  | Aygaz AS | 117172 | 389928 |
|  \* | Bera Holding AS | 3270794 | 1238028 |
|  | Bursa Cimento Fabrikasi AS | 1724302 | 343720 |
|  | Cemtas Celik Makina Sanayi Ve Ticaret AS | 591332 | 261130 |
|  | Deva Holding AS | 150820 | 222486 |
|  # | Dogan Sirketler Grubu Holding AS | 4404435 | 1789244 |
|  # | Dogus Otomotiv Servis ve Ticaret AS | 334310 | 1702312 |

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  | Eczacibasi Yatirim Holding Ortakligi AS | 43111 | $194460 |
|  | EGE Gubre Sanayii AS | 28886 | 49515 |
|  | EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS | 671424 | 767255 |
|  # | Enka Insaat ve Sanayi AS | 3836286 | 6400428 |
|  # | Eregli Demir ve Celik Fabrikalari TAS | 11233625 | 6596592 |
|  \* | Esenboga Elektrik Uretim AS | 194870 | 208915 |
|  | Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS | 47783 | 479470 |
|  \* | Gozde Girisim Sermayesi Yatirim Ortakligi AS | 714146 | 322218 |
|  \* | GSD Holding AS | 4856724 | 530703 |
|  \* | Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS (KRDMA TI), Class A | 386028 | 389086 |
|  #\* | Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS (KRDMD TI), Class D | 3791187 | 2301483 |
|  \* | Kayseri Seker Fabrikasi AS | 38333 | 17112 |
|  \* | Kerevitas Gida Sanayi ve Ticaret AS | 1009337 | 423853 |
|  | Kervan Gida Sanayi Ve Ticaret AS | 1513978 | 79155 |
|  # | KOC Holding AS | 3263642 | 11750539 |
|  \* | Kordsa Teknik Tekstil AS | 264141 | 378830 |
|  \* | NET Holding AS | 755594 | 721306 |
|  \* | ODAS Elektrik Uretim ve Sanayi Ticaret AS | 1079719 | 135769 |
|  #\* | Petkim Petrokimya Holding AS | 2147938 | 905248 |
|  \* | Polisan Holding AS | 214103 | 85765 |
|  | Sekerbank Turk AS | 6201648 | 837368 |
|  | Sok Marketler Ticaret AS | 225864 | 221556 |
|  \* | TAV Havalimanlari Holding AS | 91491 | 544610 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  TURKEY — (Continued) | TURKEY — (Continued) |  |  |
|  #\* | Tekfen Holding AS | 737361 | $2626479 |
|  \* | Tukas Gida Sanayi ve Ticaret AS | 5959583 | 370584 |
|  \* | Turk Hava Yollari AO | 2687716 | 19942643 |
|  \* | Turk Telekomunikasyon AS | 473101 | 646296 |
|  | Turkcell Iletisim Hizmetleri AS | 1298907 | 3046653 |
|  # | Turkiye Petrol Rafinerileri AS | 1425471 | 4633246 |
|  \* | Turkiye Sinai Kalkinma Bankasi AS | 772256 | 210672 |
|  # | Turkiye Sise ve Cam Fabrikalari AS | 3489383 | 3117598 |
|  #\* | Turkiye Vakiflar Bankasi TAO, Class D | 4059017 | 2197900 |
|  | Vestel Beyaz Esya Sanayi ve Ticaret AS | 671156 | 202761 |
|  #\* | Vestel Elektronik Sanayi ve Ticaret AS | 707481 | 745794 |
|  \* | Yatas Yatak ve Yorgan Sanayi ve Ticaret AS | 417018 | 252039 |
|  TOTAL TURKEY | TOTAL TURKEY |  | 82153166 |
|  UNITED ARAB EMIRATES — (1.6%) | UNITED ARAB EMIRATES — (1.6%) |  |  |
|  | Abu Dhabi Commercial Bank PJSC | 9756685 | 30917449 |
|  | Abu Dhabi National Hotels | 5062514 | 717755 |
|  \* | Abu Dhabi Ports Co. PJSC | 1245243 | 1347770 |
|  | Agility Global PLC | 7841050 | 2622367 |
|  | Agthia Group PJSC | 246390 | 303331 |
|  \* | AL Seer Marine Supplies & Equipment Co. LLC | 126500 | 100732 |
|  | Amanat Holdings PJSC | 3417475 | 1004384 |
|  \* | Amlak Finance PJSC | 3015156 | 691746 |
|  \* | Aramex PJSC | 68460 | 51847 |
|  | Dana Gas PJSC | 22682615 | 4601223 |
|  | Deyaar Development PJSC | 5729570 | 1439302 |
|  | Dubai Investments PJSC | 8431617 | 5333753 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

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| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |  |
|  | Emaar Development PJSC | 509379 | $1856291 |
|  | Emaar Properties PJSC | 25466960 | 90999857 |
|  | Emirates NBD Bank PJSC | 4113220 | 23019546 |
|  \* | EMSTEEL Building Materials PJSC | 2919486 | 923037 |
|  | First Abu Dhabi Bank PJSC | 113568 | 464676 |
|  \* | Ghitha Holding PJSC | 65853 | 320261 |
|  \* | Manazel PJSC | 269653 | 25915 |
|  \* | Modon Holding PSC | 412678 | 343206 |
|  \* | Multiply Group PJSC | 11363563 | 6676446 |
|  \* | RAK Properties PJSC | 5992122 | 2075440 |
|  | Ras Al Khaimah Ceramics PJSC | 1193356 | 808574 |
|  \* | Union Properties PJSC | 3928839 | 609538 |
|  TOTAL UNITED ARAB EMIRATES | TOTAL UNITED ARAB EMIRATES |  | 177254446 |
|  TOTAL COMMON STOCKS | TOTAL COMMON STOCKS |  | 10795938471 |
|  PREFERRED STOCKS — (0.6%) | PREFERRED STOCKS — (0.6%) |  |  |
|  BRAZIL — (0.5%) | BRAZIL — (0.5%) |  |  |
|  | Banco ABC Brasil SA, 7.581% | 515590 | 1971455 |
|  W | Banco BMG SA, 10.131% | 147500 | 99024 |
|  | Banco Bradesco SA, 9.775% | 9938310 | 24043945 |
|  | Banco do Estado do Rio Grande do Sul SA, 9.502% | 896941 | 1817542 |
|  | Cia de Ferro Ligas da Bahia FERBASA, 7.259% | 56700 | 72434 |
|  | Eucatex SA Industria e Comercio, 5.851% | 181029 | 400965 |
|  | Gerdau SA, 5.337% | 191173 | 504953 |
|  | Petroleo Brasileiro SA, 17.822% | 4903135 | 25910332 |
|  | Raizen SA, 0.553% | 2985699 | 952242 |
|  | Randon SA Implementos e Participacoes, 4.054% | 707218 | 1117811 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
|  BRAZIL — (Continued) | BRAZIL — (Continued) |  |  |
|  \* | Usinas Siderurgicas de Minas Gerais SA Usiminas | 344363 | $335555 |
|  TOTAL BRAZIL | TOTAL BRAZIL |  | 57226258 |
|  COLOMBIA — (0.1%) | COLOMBIA — (0.1%) |  |  |
|  | Grupo Argos SA, 3.933% | 321558 | 1255619 |
|  | Grupo de Inversiones Suramericana SA, 3.782% | 606861 | 5411465 |
|  TOTAL COLOMBIA | TOTAL COLOMBIA |  | 6667084 |
|  PHILIPPINES — (0.0%) | PHILIPPINES — (0.0%) |  |  |
|  | Cebu Air, Inc., 6.000% | 755708 | 514826 |
|  TOTAL PREFERRED STOCKS | TOTAL PREFERRED STOCKS |  | 64408168 |
|  RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |  |  |
|  CHILE — (0.0%) | CHILE — (0.0%) |  |  |
|  \* | Empresas Hites SA Rights 05/23/2025 | 1355037 | 25759 |
|  SOUTH KOREA — (0.0%) | SOUTH KOREA — (0.0%) |  |  |
|  #\* | Samsung SDI Co. Ltd. Rights 05/22/2025 | 13149 | 318665 |
|  THAILAND — (0.0%) | THAILAND — (0.0%) |  |  |
|  \* | Northeast Rubber PCL Warrants 05/15/2026 | 349081 | 1881 |
|  TOTAL RIGHTS/WARRANTS | TOTAL RIGHTS/WARRANTS |  | 346305 |
|  TOTAL INVESTMENT SECURITIES<br>(Cost $8,454,371,598) | TOTAL INVESTMENT SECURITIES<br>(Cost $8,454,371,598) |  | 10860692944 |
|  |  |  | **Value†** |
|  SECURITIES LENDING COLLATERAL — (1.5%) | SECURITIES LENDING COLLATERAL — (1.5%) | SECURITIES LENDING COLLATERAL — (1.5%) | SECURITIES LENDING COLLATERAL — (1.5%) |
|  @§ | The DFA Short Term Investment Fund | 13957045 | 161413225 |
|  TOTAL INVESTMENTS — (100.0%)<br>(Cost $8,615,786,177) | TOTAL INVESTMENTS — (100.0%)<br>(Cost $8,615,786,177) |  | $11022106169 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

As of April 30, 2025, Dimensional Emerging Markets Value Fund had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration<br>Date** | **Notional<br>Value** | **Market**<br>**Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Position Contracts:** |  |  |  |  |  |
|  S&P 500<sup>®</sup> Emini Index | 451 | 06/20/25 | $123411509 | $125986850 | $2575341 |
|  **Total Futures Contracts** |  |  | $**123411509** | $**125986850** | $**2575341** |

---

As of April 30, 2025, the value of Rule 144A securities amounted to $219,978,933 or 2.0% of net assets.

Summary of the Fund's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Belgium |  | $4720593 |  | $4720593 |
| &nbsp;&nbsp;&nbsp;&nbsp; Brazil | $286875466 |  |  | 286875466 |
| &nbsp;&nbsp;&nbsp;&nbsp; Canada |  | 1751495 |  | 1751495 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chile | 63255640 | 1952848 |  | 65208488 |
| &nbsp;&nbsp;&nbsp;&nbsp; China | 156411395 | 2714829471 | $51157 | 2871292023 |
| &nbsp;&nbsp;&nbsp;&nbsp; Colombia | 8264597 |  |  | 8264597 |
| &nbsp;&nbsp;&nbsp;&nbsp; Czech Republic |  | 15866411 |  | 15866411 |
| &nbsp;&nbsp;&nbsp;&nbsp; Greece |  | 51922687 |  | 51922687 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hong Kong |  | 147091920 | 255123 | 147347043 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hungary |  | 23460085 |  | 23460085 |
| &nbsp;&nbsp;&nbsp;&nbsp; India | 38389437 | 2059601442 |  | 2097990879 |
| &nbsp;&nbsp;&nbsp;&nbsp; Indonesia |  | 145067927 | 161766 | 145229693 |
| &nbsp;&nbsp;&nbsp;&nbsp; Kuwait |  | 72125212 |  | 72125212 |
| &nbsp;&nbsp;&nbsp;&nbsp; Malaysia |  | 163807619 |  | 163807619 |
| &nbsp;&nbsp;&nbsp;&nbsp; Mexico | 250923336 | 6342430 |  | 257265766 |
| &nbsp;&nbsp;&nbsp;&nbsp; Philippines |  | 77664555 | 24151 | 77688706 |
| &nbsp;&nbsp;&nbsp;&nbsp; Poland |  | 121332744 |  | 121332744 |
| &nbsp;&nbsp;&nbsp;&nbsp; Qatar |  | 80553524 |  | 80553524 |
| &nbsp;&nbsp;&nbsp;&nbsp; Saudi Arabia | 465325 | 394113069 |  | 394578394 |
| &nbsp;&nbsp;&nbsp;&nbsp; Singapore |  | 5363541 |  | 5363541 |
| &nbsp;&nbsp;&nbsp;&nbsp; South Africa | 6286665 | 320525423 |  | 326812088 |
| &nbsp;&nbsp;&nbsp;&nbsp; South Korea | 182021478 | 929669283 | 6785 | 1111697546 |
| &nbsp;&nbsp;&nbsp;&nbsp; Taiwan | 15468491 | 2030651759 | 65809 | 2046186059 |
| &nbsp;&nbsp;&nbsp;&nbsp; Thailand | 5434552 | 153755648 |  | 159190200 |
| &nbsp;&nbsp;&nbsp;&nbsp; Turkey |  | 82153166 |  | 82153166 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Arab Emirates |  | 177254446 |  | 177254446 |
| Preferred Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Brazil | 57226258 |  |  | 57226258 |
| &nbsp;&nbsp;&nbsp;&nbsp; Colombia | 6667084 |  |  | 6667084 |
| &nbsp;&nbsp;&nbsp;&nbsp; Philippines |  | 514826 |  | 514826 |
| Rights/Warrants |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Chile |  | 25759 |  | 25759 |
| &nbsp;&nbsp;&nbsp;&nbsp; South Korea |  | 318665 |  | 318665 |
| &nbsp;&nbsp;&nbsp;&nbsp; Thailand |  | 1881 |  | 1881 |
| Securities Lending Collateral |  | 161413225 |  | 161413225 |
| Total Investments in Securities | $1077689724 | $9943851654 | $564,791<> | $11022106169 |

---

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**CONTINUED** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Financial Instruments** |  |  |  |  |
|  **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts\*\* | $2575341 |  |  | $2575341 |
|  Total Financial Instruments | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2575341 |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2575341 |

---

\*\* Valued at the unrealized appreciation/(depreciation) on the investment.

---

| | |
|:---|:---|
| <> | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.  |

---

See accompanying Notes to Financial Statements.

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**STATEMENT OF ASSETS AND LIABILITIES** 

**APRIL 30, 2025** 

**(Unaudited)** 

**(Amounts in thousands)** 

---

| | |
|:---|:---|
|  | **Dimensional<br>Emerging<br>Markets<br>Value Fund** |
|  **ASSETS:** |  |
|  Investment Securities at Value (including $789,365 of securities on loan)\* | $10860693 |
|  Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $161,415) | 161413 |
|  Segregated Cash for Futures Contracts | 9876 |
|  Foreign Currencies at Value | 63998 |
|  Cash | 95742 |
|  Receivables: |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold | 6257 |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends, Interest and Tax Reclaims | 21170 |
| &nbsp;&nbsp;&nbsp;&nbsp; Securities Lending Income | 1399 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Margin Variation | 97 |
|  Unrealized Gain on Foreign Currency Contracts | 2 |
|  Prepaid Expenses and Other Assets | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Assets | 11220648 |
|  **LIABILITIES:** |  |
|  Payables: |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Upon Return of Securities Loaned | 161441 |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Purchased | 10596 |
| &nbsp;&nbsp;&nbsp;&nbsp; Due to Advisor | 864 |
|  Deferred Taxes Payable | 141705 |
|  Accrued Expenses and Other Liabilities | 1831 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Liabilities | 316437 |
|  **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |
|  **NET ASSETS** | $10904211 |
|  Investment Securities at Cost | $8454372 |
|  Foreign Currencies at Cost | $65499 |

---

\* See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**STATEMENT OF OPERATIONS** 

**FOR THE SIX MONTHS ENDED APRIL 30, 2025** 

**(Unaudited)** 

**(Amounts in thousands)** 

---

| | |
|:---|:---|
|  | **Dimensional<br>Emerging<br>Markets<br>Value Fund** |
|  **Investment Income** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends (Net of Foreign Taxes Withheld of $16,818) | $151562 |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividend Income from Affiliates | 2806 |
| &nbsp;&nbsp;&nbsp;&nbsp; Income from Securities Lending, Net | 6815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investment Income | 161183 |
|  **Expenses** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Management Fees | 5413 |
| &nbsp;&nbsp;&nbsp;&nbsp; Accounting & Transfer Agent Fees | 144 |
| &nbsp;&nbsp;&nbsp;&nbsp; Custodian Fees | 2255 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shareholders' Reports | 27 |
| &nbsp;&nbsp;&nbsp;&nbsp; Directors'/Trustees' Fees & Expenses | 33 |
| &nbsp;&nbsp;&nbsp;&nbsp; Professional Fees | 111 |
| &nbsp;&nbsp;&nbsp;&nbsp; Other | 218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Expenses | 8201 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Expenses | 8201 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Investment Income (Loss)** | 152982 |
|  **Realized and Unrealized Gain (Loss)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold | (92072)<sup>1</sup> |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares Sold | (19) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | (2281) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Transactions | (2351) |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities and Foreign Currency | (94795)<sup>2</sup> |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares | (2) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | 3068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Translation of Foreign Currency-Denominated Amounts | 683 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Realized and Unrealized Gain (Loss)** | (187769) |
|  **Net Increase (Decrease) in Net Assets Resulting from Operations** | $(34787) |
|  <sup>1</sup> Net of foreign capital gain taxes withheld of: | $2226 |
|  <sup>2</sup> Including foreign capital gain taxes of: | $11444 |

---

See accompanying Notes to Financial Statements.

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**STATEMENTS OF CHANGES IN NET ASSETS** 

**(Amounts in thousands)** 

---

| | | |
|:---|:---|:---|
|  | **Dimensional Emerging<br>Markets Value Fund** | **Dimensional Emerging<br>Markets Value Fund** |
|  | **Six Months<br>Ended<br>Apr 30, 2025** | **Year**<br>**Ended**<br>**Oct 31,**<br>**2024** |
|  | **(Unaudited)** | |
|  **Increase (Decrease) in Net Assets** |  |  |
|  Operations: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Investment Income (Loss) | $152982 | $396685 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) on: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities Sold | (92072) | 188581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares Sold | (19) | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | (2281) | 18825 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Transactions | (2351) | (4131) |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in Unrealized Appreciation (Depreciation) of: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Securities and Foreign Currency | (94795) | 1671200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated Investment Companies Shares | (2) | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | 3068 | 3049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Translation of Foreign Currency-Denominated Amounts | 683 | (267) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) in Net Assets Resulting from Operations | (34787) | 2273943 |
|  Transactions in Interest: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Contributions | 307012 | 346752 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares Issued in Lieu of Cash Distributions |  | (2) |
| &nbsp;&nbsp;&nbsp;&nbsp; Withdrawals | (526054) | (1592939) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Transactions in Interest | (219042) | (1246189) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Increase (Decrease) in Net Assets | (253829) | 1027754 |
|  **Net Assets** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Beginning of Period | 11158040 | 10130286 |
| &nbsp;&nbsp;&nbsp;&nbsp; End of Period | $10904211 | $11158040 |

---

See accompanying Notes to Financial Statements.

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**FINANCIAL HIGHLIGHTS** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Dimensional Emerging Markets Value Fund** | **Dimensional Emerging Markets Value Fund** | **Dimensional Emerging Markets Value Fund** | **Dimensional Emerging Markets Value Fund** | **Dimensional Emerging Markets Value Fund** | **Dimensional Emerging Markets Value Fund** |
|  | **Six Months<br>Ended**<br> **Apr 30,**<br> **2025** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2024** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2023** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2022** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2021** | **Year**<br> **Ended**<br> **Oct 31,**<br> **2020** |
|  | **(Unaudited)** | | | | | |
|  Total Return | (0.39 %)(B) | 23.49% | 16.09% | (19.27%) | 35.69% | (9.41%) |
|  Net Assets, End of Period (thousands) | $10904211 | $11158040 | $10130286 | $9760139 | $13469705 | $12870255 |
|  Ratio of Expenses to Average Net Assets | 0.15 %(C) | 0.15% | 0.14% | 0.15% | 0.14% | 0.14% |
|  Ratio of Expenses to Average Net Assets<br>(Excluding Fees Paid Indirectly) | 0.15 %(C) | 0.15% | 0.15% | 0.15% | 0.14% | 0.14% |
|  Ratio of Net Investment Income to Average Net Assets | 2.83 %(C) | 3.61% | 4.33% | 4.79% | 3.26% | 3.25% |
|  Portfolio Turnover Rate | 6 %(B) | 13% | 12% | 14% | 14% | 20% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

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**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**NOTES TO FINANCIAL STATEMENTS** 

**(UNAUDITED)** 

**A. Organization:** 

Dimensional Emerging Markets Value Fund (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940 (the "1940 Act"). The Fund meets the definition as an investment company and follows the accounting and reporting guidance under Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 946, "Financial Services-Investment Companies." The Fund consists of one series.

**B. Significant Accounting Policies:** 

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America ("GAAP"). Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates, and those differences could be material.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. *Security Valuation*: The Fund uses a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

• Level 1 – inputs are quoted prices in active
 markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

• Level 2 – other significant observable inputs
 (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

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

Securities held by the Fund, including over-the-counter securities, are valued at the last quoted sale price of the day. International equity securities are subject to a fair value factor, as described later in this note.

Securities held by the Fund that are listed on Nasdaq are valued at the Nasdaq Official Closing Price ("NOCP"). If there is no last reported sale price or NOCP for the day, the Fund values the securities at the mean between the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange . These securities are generally categorized as Level 1 in the hierarchy. The investment in The DFA Short Term Investment Fund (the "Short Term Series"), which is an open-end management investment company available for purchase only by the Portfolios and affiliated funds, is categorized as Level 2 in the hierarchy.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Trustees of the Fund (the "Board"). Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP (the "Advisor")) occur before the net asset value of the Fund is calculated. When fair value pricing is used, the prices of securities used by the Fund may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

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The Fund will also apply a fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 2:00 a.m. ET), which is fourteen hours before the close of the NYSE (normally, 4:00 p.m. ET) and the time at which the net asset value of the Fund is computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the pricing of the Fund's shares (at the close of the NYSE), the Fund will fair-value its foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets' perceptions and trading activities on the Fund's foreign investments since the last calculated closing prices of the foreign investments on their primary foreign securities markets or exchanges. For these purposes, the Advisor has determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable. Fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the Fund uses data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). When the Fund uses fair value pricing, the values assigned to the Fund's foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges. These securities are generally categorized as Level 2 in the hierarchy.

Futures contracts held by the Fund are valued using the settlement price established each day on the exchange on which they are traded. These valuations are generally categorized as Level 1 in the hierarchy.

A summary of the inputs used to value the Fund's investments by each major security type, industry and/or country is disclosed previously in this note. A valuation hierarchy table has been included at the end of the Schedule of Investments. The methodology or inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. *Foreign Currency Translation*: Securities and other assets and liabilities of the Fund whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate the translation, the Fund enters into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked-to-market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement. The Fund does not isolate the effect of foreign exchange rate fluctuations from the effect of fluctuations in the market prices of securities, whether realized or unrealized.

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates of securities transactions, and the difference between amounts of interest, dividends and any foreign withholding taxes recorded on the books of the Fund and the U.S. dollar equivalent amounts actually received or paid.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. *Deferred Compensation Plan*: Each eligible Trustee of the Fund may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (the "Plan"). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds, each of which are affiliates of the Fund, and advised by Advisor: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company Portfolio, U.S. Vector Equity Portfolio, U.S. Micro Cap Portfolio, DFA International Value Portfolio, International Core Equity 2 Portfolio, Emerging Markets Portfolio, Emerging Markets Core Equity 2 Portfolio, DFA Inflation-Protected Securities Portfolio, and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors'/Trustees' Fees & Expenses. As of April 30, 2025, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities in the amount of $295 (in thousands).

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The Trustees may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Trustee shall have the right in a notice of election (the "Notice") to defer the receipt of the Trustee's deferred compensation until a date specified by such Trustee in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Trustee ceases to be a member of the Board; and (ii) five years following the effective date of the Trustee's first deferral election. If a Trustee who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Trustee's deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Trustee ceases to be a member of the Board (unless the Trustee files an amended Notice selecting a different distribution date).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. *Other*: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities and foreign currency are accounted for on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Fund estimates the character of received distributions that may be considered return of capital distributions. Interest income is recorded on an accrual basis. Expenses directly attributable to the Fund are directly charged. The Fund may be subject to taxes imposed by countries in which it invests, with respect to its investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The Fund accrues such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental approval for the repatriation of investment income, capital or the proceeds of sales earned by foreign investors. Additionally, if there is a deterioration in a country's balance of payments or for other reasons, a country may impose temporary restrictions on foreign capital remittances abroad.

The Fund's investments in Chile are subject to governmental taxes on investment income. Such taxes are due when currencies are repatriated from the country. The Fund accrues for taxes on income as the income is earned. The Fund is subject to tax on short-term and long-term capital gains for investments in India. Such taxes are accrued on a daily basis and due upon sale of individual securities.

**C. Investment Advisor:** 

The Advisor provides investment management services to the Fund.

For the six months ended April 30, 2025, the Fund's investment management fee was accrued daily and paid monthly to the Advisor based on the following effective annual rate of average daily net assets:

---

| | | |
|:---|:---|:---|
|  Dimensional Emerging Markets Value Fund | 0.1 | % |

---

**Fees Paid to Officers and Directors/Trustees:** 

Certain Officers and Trustees of the Advisor are also Officers and Trustees of the Fund; however, such Officers and Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the six months ended April 30, 2025, the total related amounts paid by the Fund to the CCO were $3 (in thousands) and are included in Other Expenses on the Statement of Operations.

**D. Deferred Compensation:** 

As of April 30, 2025, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities as follows (amount in thousands):

---

| | |
|:---|:---|
|  Dimensional Emerging Markets Value Fund | $295.0 |

---

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**E. Purchases and Sales of Securities:** 

For the six months ended April 30, 2025, the Fund's transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. Government securities (amounts in thousands), were as follows:

---

| | | |
|:---|:---|:---|
|  | **Purchases** | **Sales** |
|  Dimensional Emerging Markets Value Fund | $623891 | $732277 |

---

There were no purchases or sales of long-term U.S. government securities.

For the six months ended April 30, 2025, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

The amounts presented below may differ from the respective amounts presented in the corresponding Schedule of Investments, Statement of Assets and Liabilities or Statement of Operations due to rounding. The amounts are as follows (amounts in thousands):

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at<br>October 31, 2024** | **Purchases<br>at Cost** | **Proceeds<br>from Sales** | **Net Realized<br>Gain/(Loss)<br>on Sales** | **Change in<br>Unrealized<br>Appreciation/<br>Depreciation** | **Balance at<br>April 30, 2025** | **Shares as of**<br>**April 30, 2025** | **Dividend<br>Income** | **Capital Gain<br>Distributions** |
|  **Dimensional Emerging Markets Value Fund** |  |  |  |  |  |  |  |  |  |
|  The DFA Short Term Investment Fund | $76933 | $928811 | $844310 | $(19) | $(2) | $161413 | 13957 | $2806 |  |
|  **Total** | **$76933** | **$928811** | **$844310** | **$(19)** | **$(2)** | **$161413** |  | **$2806** |  |

---

**F. Federal Income Taxes:** 

No provision for federal income taxes is required since the Fund is treated as a partnership for federal income tax purposes. Any net investment income and realized and unrealized gains and losses have been deemed to have been "passed down" to their respective partners.

As of April 30, 2025, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Federal<br>Tax Cost** | **Unrealized<br>Appreciation** | **Unrealized<br>(Depreciation)** | **Net<br>Unrealized<br>Appreciation<br>(Depreciation)** |
|  Dimensional Emerging Markets Value Fund | $9010223 | $3574193 | $(1178888) | $2395305 |

---

The difference between GAAP-basis and tax basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in tax treatment of passive foreign investment company investments or other investments.

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Under GAAP, the Fund recognizes the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained, assuming examination by tax authorities. Management has analyzed the Fund's tax positions and has concluded that no additional provision for income tax is required in the Fund's financial statements. The Fund is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Fund's federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

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##### [**Table of Contents**](#toc)
**G. Financial Instruments:** 

In accordance with the Fund's investment objective and policies, the Fund may invest in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit and market risk. The Fund's derivative contracts are not accounted for as hedging instruments under GAAP. These instruments and their significant corresponding risks are described below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. *Foreign Market Risks*: Investments in foreign markets may involve certain considerations and risks not typically associated with investments in the United States of America, including the possibility of future political and economic developments and the level of foreign governmental supervision and regulation of foreign securities markets. These markets are generally smaller, less liquid and more volatile than the major securities markets in the United States of America. Consequently, acquisition and disposition of securities held by the Fund may be inhibited.

**Derivative Financial Instruments:** 

Summarized below are the specific types of derivative instruments used by the Fund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. *Futures Contracts*: The Fund may purchase or sell futures contracts and options on futures contracts for foreign or U.S. equity securities and indices, to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Fund. Upon entering into a futures contract, the Fund deposits cash or pledges U.S. government securities to a broker in an amount equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Fund as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Fund records a realized gain or loss, which is presented in the Statement of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

Risks may arise upon entrance into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities or indices, from the possibility of an illiquid secondary market for these instruments and from the possibility that the Fund could lose more than the initial margin requirements. A Portfolio entering into stock index futures is subject to equity price risk from those futures contracts.

Securities have been segregated as collateral for open futures contracts.

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the six months ended April 30, 2025 was as follows (amount in thousands):

---

| | |
|:---|:---|
|  | **Futures\*** |
|  Dimensional Emerging Markets Value Fund | $93057 |

---

\* Average Notional Value of futures contracts.

The following is a summary of the Fund's derivative instrument holdings categorized by primary risk exposure as of April 30, 2025 (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Asset Derivatives Value** | **Asset Derivatives Value** |
|  | **Total Value<br>at<br>April 30, 2025** | **Equity<br>Contracts <sup>\*,(1)</sup>** |
|  Dimensional Emerging Markets Value Fund | $2575 | $2575 |

---

(1) Presented on Statement of Assets and Liabilities
 as Receivables: Futures Margin Variation.

\* Includes cumulative appreciation (depreciation) of futures contracts. Only current day's margin variation is reported within the Statement of Assets and Liabilities.

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##### [**Table of Contents**](#toc)
The following is a summary of the realized and change in unrealized gains and losses from the Fund's derivative instrument holdings categorized by primary risk exposure for the six months ended April 30, 2025 (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Realized Gain (Loss) on<br>Derivatives** | **Realized Gain (Loss) on<br>Derivatives** |
|  | **Total** | **Equity<br>Contracts <sup>(1)</sup>** |
|  Dimensional Emerging Markets Value Fund | $(2281) | $(2281) |
|  | **Change in Unrealized Appreciation<br>(Depreciation) on Derivatives** | **Change in Unrealized Appreciation<br>(Depreciation) on Derivatives** |
|  | **Total** | **Equity<br>Contracts <sup>(2)</sup>** |
|  Dimensional Emerging Markets Value Fund | $3068 | $3068 |

---

(1) Presented on Statement of Operations as Net Realized
 Gain (Loss) on: Futures.

(2) Presented on Statement of Operations as Change in
 Unrealized Appreciation (Depreciation) of: Futures.

**H. Line of Credit and Interfund Lending Program:** 

The Fund, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 2, 2025, with its domestic custodian bank. A line of credit with similar terms was in effect through April 2, 2025. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 1, 2026.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 26, 2024. A line of credit with similar terms was in effect through December 26, 2024. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio's net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The line of credit agreement expires on December 25, 2025.

There were no borrowings by the Fund under the lines of credit during the six months ended April 30, 2025.

Pursuant to an exemptive order issued by the SEC (the "Order"), the Fund may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objectives and limitations. Interfund loans have a maximum duration of seven days and may be called on one business day's notice.

The Fund did not use the interfund lending program during the six months ended April 30, 2025.

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##### [**Table of Contents**](#toc)
**I. Affiliated Trades:** 

Cross trades for the six months ended April 30, 2025, if any, were executed by the Fund pursuant to procedures adopted by the Board to ensure compliance with Rule 17a-7 under the 1940 Act. Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of a common investment advisor (or affiliated investment advisors), common Trustees and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Fund complied with the Rule 17a-7 Procedures adopted by the Board.

For the six months ended April 30, 2025, cross trades by the Fund under Rule 17a-7 were as follows (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
| **Portfolio** | **Purchases** | **Sales** | **Realized Gain (Loss)** |
|  Dimensional Emerging Markets Value Fund | $1443 | $2354 | $(614) |

---

**J. Securities Lending:** 

As of April 30, 2025, the Fund had securities on loan to brokers/dealers, for which the Fund received cash collateral. The contractual maturity of cash collateral received under the securities lending agreement is classified as overnight and continuous. The Fund also received non-cash collateral consisting of short- and/or long-term U.S. Treasuries and U.S. government agency securities as follows (amount in thousands):

---

| | |
|:---|:---|
|  | **Non-Cash<br>Collateral<br>Market<br>Value** |
|  Dimensional Emerging Markets Value Fund | $749212 |

---

The Fund invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are expected at all times to be secured by collateral in an amount (i) equal to at least 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) generally equal to 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) generally equal to 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Fund's collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. In the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. If the borrower fails to return loaned securities, cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities, and such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Fund or, at the option of the lending agent, to replace the securities. In the event of the bankruptcy of the borrower, the Fund could experience delay in recovering the loaned securities or only recover cash or a security of equivalent value.

Subject to its stated investment policies, the Fund will generally invest the cash collateral received for the loaned securities in The DFA Short Term Investment Fund (the "Short Term Series"), an affiliated registered ultrashort term bond fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Short Term Series. Income received from the Short Term Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. The Fund also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, the Fund will be able to

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terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or, other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible for taxation at qualified dividend income rates.

**K. Indemnitees; Contractual Obligations:** 

Under the Fund's organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

In the normal course of business, the Fund enters into contracts that contain a variety of representations and warranties that provide general indemnification. The Fund's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Fund and/or its affiliates that have not yet occurred. However, based on experience, the Fund expects the risk of loss to be remote.

**L. Segment Reporting:** 

In this reporting period, the Fund adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The adoption of the new standard only impacted financial statement disclosures and did not affect the Fund's financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that (i) engages in business activities from which it may recognize revenues and incur expenses, (ii) has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and (iii) has discrete financial information available. The Fund's Co-Chief Executive Officers and the Chief Financial Officer act as the Fund's CODM. The Fund represents a single operating segment, as the CODM monitors the operating results of the Fund as a whole. The Fund's long-term strategic asset allocation is executed by its fund management team and guided by the Fund's investment objective and principal investment strategies, as described in the Fund's registration statement. The financial information provided to and reviewed by the CODM is consistent with that presented in the Fund's Schedule of Investments, Statement of Operations, Statement of Changes in Net Assets, and Financial Highlights.

**M. New Accounting Pronouncement:** 

In December 2023, the FASB issued Accounting Standards Update 2023-09, Income Taxes (Topic 740) –Improvements to Income Tax Disclosures ("ASU 2023-09"). Effective for annual periods beginning after December 15, 2024, the amendments require greater disaggregation of disclosures related to income taxes paid. The ASU 2023-09 allows for early adoption and requires that amendments be applied on a prospective basis. Management is currently evaluating the impact of the ASU 2023-09 but does not expect the guidance to materially impact the financial statements.

**N. Other:** 

The Fund is subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy). Although management currently believes that resolving claims, if any, against the Fund, individually or in aggregate, will not have a material adverse impact on the Fund's financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management's view of these matters may change in the future.

**O. Subsequent Event Evaluations:** 

Management has evaluated the impact of all subsequent events on the Fund through the date on which the financial statements were issued and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

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---

| | | |
|:---|:---|:---|
|  **ITEM 8** | **–** | **CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES** |

---

Not applicable

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##### [**Table of Contents**](#toc)
**ITEM 9 – PROXY DISCLOSURES FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES** 

Not applicable

1180

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##### [**Table of Contents**](#toc)
**ITEM 10 – REMUNERATION PAID TO DIRECTORS, OFFICERS, AND OTHERS OF OPEN-END MANAGEMENT INVESTMENT COMPANIES** 

Remuneration paid to directors, officers, and others is included in the "Fees Paid to Officers and Directors/Trustees" section of the Notes to Financial Statements above.

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##### [**Table of Contents**](#toc)
**ITEM 11 – STATEMENT REGARDING BASIS FOR APPROVAL OF INVESTMENT MANAGEMENT AGREEMENTS** 

At the Board meeting held on December 18-19, 2024 (the "Meeting"), the Boards of Directors of DFA Investment Dimensions Group Inc. and Dimensional Investment Group Inc., and the Boards of Trustees of The DFA Investment Trust Company and Dimensional Emerging Markets Value Fund (together, the "Board") considered the continuation of the investment management agreements for each portfolio/series (collectively, the "Funds") and, if applicable, a Fund's sub-advisory agreements. For certain Funds, Dimensional Fund Advisors Ltd. or DFA Australia Limited serves as a sub-advisor. (The investment management agreements and the sub-advisory agreements are referred to as the "Management Agreements," and the Advisor and sub-advisors are referred to as the "Advisor.")

Prior to the Meeting, independent counsel to the Independent Board Members sent to the Advisor a request for information, which identified the information that the Independent Board Members wished to receive in order to consider the continuation of the Management Agreements. At a Board meeting held on November 1, 2024, the Board discussed the materials provided by the Advisor, the independent reports prepared by Broadridge Financial Solutions (the "Broadridge Reports"), and issues related to the continuation of the Management Agreements. Also in advance of the Meeting, the Independent Board Members met with their independent counsel to discuss the materials and management provided additional materials to address and respond to questions that the Independent Board Members posed after their review and analysis of materials provided by the Advisor and the Broadridge Reports.

At the Meeting, the Board considered a number of factors when considering the continuation of each Management Agreement for a Fund, including: (i) the nature, extent and quality of services provided by the Advisor to each Fund; (ii) the performance of each Fund and the Advisor; (iii) the fees and expenses borne by each Fund; (iv) the profitability realized by the Advisor from the relationship with each Fund; and (v) whether economies of scale are realized by the Advisor with respect to each Fund as it grows larger, and the extent to which this is reflected in the level of the management fee charged.

When considering the nature and quality of the services provided by the Advisor to a Fund, the Board reviewed: (a) the scope and depth of the Advisor's organization; (b) the experience and expertise of its investment professionals currently providing management services to the Fund; and (c) the Advisor's investment global advisory capabilities. The Board evaluated the Advisor's portfolio management process and discussed the unique features of the Advisor's investment approach. The Board also considered the nature and character of non-investment advisory services provided by the Advisor, including administrative services. After analyzing the caliber of services provided by the Advisor to each Fund, both quantitatively and qualitatively, including the impact of these services on investment performance, the Board concluded that the nature, extent and quality of services provided to each Fund were consistent with the operational requirements of the Fund and met the needs of the shareholders of the Fund.

In considering the performance of each Fund, the Board analyzed the Broadridge Reports, which compared the performance of each Fund with other funds in its respective peer group and investment category. The Board also reviewed the performance analysis prepared by the Advisor, which presented the performance of each Fund and its benchmark index, over multiple performance periods, along with the Advisor's explanation of the performance. The Board noted that the Advisor reported that each Fund had performed in accordance with relevant markets and the Advisor's expectations. The Board concluded that the Advisor's explanations provided a sound basis for understanding the comparative performance of the Funds. The Board determined, among other things, that after considering each Fund's investment strategies and the expectations of its shareholder base, the performance of each Fund was reasonable as compared with relevant performance standards and appropriate market indexes.

When considering the fees and expenses borne by each Fund, and considering the reasonableness of the management fees paid to the Advisor in light of the services provided to the Fund and any additional benefits received by the Advisor in connection with providing such services, the Board compared the fees charged by the Advisor to the Fund to the fees charged to the funds in its peer group for comparable services as provided in the Broadridge Reports. The Board also considered the change in management fee and fee waiver arrangements for certain Funds.

1182

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##### [**Table of Contents**](#toc)
**ITEM 11 – STATEMENT REGARDING BASIS FOR APPROVAL OF INVESTMENT MANAGEMENT AGREEMENTS** 

**CONTINUED** 

The Board concluded that the effective management fees and total expenses of each Fund over various periods were favorable in relation to those of its peer funds, and that the management fees were fair, both on an absolute basis and in comparison with the fees of other funds identified in the peer groups and the industry at large.

The Board considered the profitability of each Fund to the Advisor by reviewing the profitability analysis provided by the Advisor, including information about its fee revenues and income. The Board reviewed the overall profitability of the Advisor, and the compensation that it received for providing services to each Fund. The Board considered the profitability to the Advisor of managing and servicing the Funds and the Advisor's unregistered clients, such as collective trusts, group trusts and separate accounts. Upon closely examining the Advisor's profitability, the Board concluded, among other things, that it was reasonable and similar to the profitability reported in previous years.

The Board also discussed whether economies of scale are realized by the Advisor with respect to each Fund as it grows larger, and the extent to which this is reflected in the level of management fees charged. For several reasons, the Board concluded that economies of scale and the reflection of such economies of scale in the level of management fees charged were not particularly meaningful to each Fund at the present time, due to the current level of fees and expenses and the profitability of the Fund.

After full consideration of the factors discussed above, with no single factor identified as being of paramount importance, the Board, including the Independent Board Members, with the assistance of independent counsel, concluded that the continuation of the Management Agreement for each Fund was in the best interests of the Fund and its shareholders.

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##### [**Table of Contents**](#toc)
DFA-043025-001SI

Semi-Annual Financial Statements &

Other Information

**Six Months Ended: April 30, 2025 (Unaudited)**

------

DIMENSIONAL INVESTMENT GROUP INC. / THE DFA INVESTMENT TRUST COMPANY

------

**Dimensional Investment Group Inc.**

------

**DFA International Value Portfolio III**

**U.S. Large Cap Value Portfolio III**

**The DFA Investment Trust Company**

------

**The DFA International Value Series**

**The U.S. Large Cap Value Series**

------

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

------

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

[THIS PAGE INTENTIONALLY LEFT BLANK]

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**DIMENSIONAL INVESTMENT GROUP INC.**

**THE DFA INVESTMENT TRUST COMPANY**

**SEMI-ANNUAL FINANCIAL STATEMENTS AND OTHER INFORMATION**

**(Unaudited)**

**Table of Contents** 

---

| | |
|:---|:---|
|  | **Page** |
| **[Item 7 –](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_FC-FrontCoverImage-658_1)[Financial Statements and Financial Highlights for Open-End Management Investment](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_FC-FrontCoverImage-658_1)**<br> **[Companies](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_FC-FrontCoverImage-658_1)**<br>|  |
| **[Definitions of Abbreviations and Footnotes](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_AF-TOC-AbbreviationsandFootnotes-658_1)** | 1 |
| **[Dimensional Investment Group Inc.](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_1SOI-G1_TOC-ScheduleofInvestments_1)** |  |
| [Schedules of Investments](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_1SOI-G1_TOC-ScheduleofInvestments_1)  |  |
| [DFA International Value Portfolio III](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_1SOI-G1_TOC-ScheduleofInvestments_1) | 2 |
| [U.S. Large Cap Value Portfolio III](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_1SOI-G1_TOC-ScheduleofInvestments_2) | 3 |
| [Statements of Assets and Liabilities](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_1FS-G1_StatementofAssetsandLiabilities_1) | 4 |
| [Statements of Operations](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_SOP-G1_StatementofOperations_1) | 5 |
| [Statements of Changes in Net Assets](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_SOC-G1_StatementofChanges_1) | 6 |
| [Financial Highlights](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_1FIHI_L-G1_TOC-FinancialHighlights_L-658_1) | 7 |
| [Notes to Financial Statements](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_1NTF-G1_NotestoFinancialStatements-658_1) | 9 |
| **[The DFA Investment Trust Company](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_2SOI-G2_TOC-ScheduleofInvestments_1)** |  |
| [Schedules of Investments](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_2SOI-G2_TOC-ScheduleofInvestments_1) |  |
| [The DFA International Value Series](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_2SOI-G2_TOC-ScheduleofInvestments_1) | 15 |
| [The U.S. Large Cap Value Series](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_2SOI-G2_TOC-ScheduleofInvestments_11) | 25 |
| [Statements of Assets and Liabilities](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_2FS-G2_StatementofAssetsandLiabilities_1) | 31 |
| [Statements of Operations](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_G2_SOP-G2_StatementofOperations_1) | 32 |
| [Statements of Changes in Net Assets](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_G2_SOC-G2_StatementofChanges_1) | 33 |
| [Financial Highlights](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_2FIHI-G2_TOC-FinancialHighlights-662_1) | 34 |
| [Notes to Financial Statements](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_2NTF-G2_NotestoFinancialStatements-662_1) | 36 |
| **[Item 8 –](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_DISCLOSE-ChangesandDisagreements_1)[Changes in and Disagreements with Accountants for Open-End Management Investment](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_DISCLOSE-ChangesandDisagreements_1)**<br> **[Companies](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_DISCLOSE-ChangesandDisagreements_1)**<br>| 46 |
| **[Item 9 –](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_DISCLOSE-ChangesandDisagreements_2)[Proxy Disclosures for Open-End Management Investment Companies](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_DISCLOSE-ChangesandDisagreements_2)** | 47 |
| **[Item 10 –](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_DISCLOSE-ChangesandDisagreements_3)[Remuneration Paid to Directors, Officers, and Others of Open-End Management](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_DISCLOSE-ChangesandDisagreements_3)**<br> **[Investment Companies](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_DISCLOSE-ChangesandDisagreements_3)**<br>| 48 |
| **[Item 11 –](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_DISCLOSE-ChangesandDisagreements_4)[Statement Regarding Basis for Approval of Investment Management Agreements](#xx_25e1a2b5-25bf-45df-a7e5-9d575ddb58e9_DISCLOSE-ChangesandDisagreements_4)** | 49 |

---

i

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**THE DFA INVESTMENT TRUST COMPANY**

**DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES**

**<u>Schedules</u> <u>of Investments</u>** 

Investment Abbreviations <br> ADR American Depositary Receipt

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

---

| | |
|:---|:---|
| Investment Footnotes | Investment Footnotes |
| † | See Note B to Financial Statements. |
| » | Securities that have been fair value factored. See Note B to Financial Statements. |
| # | Total or Partial Securities on Loan. |
| \* | Non-Income Producing Securities. |
| Ω | &nbsp;&nbsp; Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional <br> investors. This security has been deemed liquid based upon the Fund's Liquidity <br> Guidelines. The liquidity determination is unaudited.<br>|
| @ | Security purchased with cash collateral received from Securities on Loan. |
| § | Affiliated Fund. |
| Ɏ | Represents 7 Day subsidized yield as of April 30, 2025 |

---

**<u>Financial Highlights</u>** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) Computed
 using average shares outstanding.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) Non-Annualized

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) Represents
 the combined ratios for the respective Portfolio and its respective pro-rata share
 of its Master Fund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(D) Annualized

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

---

| | |
|:---|:---|
| **All Statements, Schedules and Notes to Financial Statements** | **All Statements, Schedules and Notes to Financial Statements** |
|  | Amounts designated as — are either zero or rounded to zero. |
| SEC | Securities and Exchange Commission |

---

------

**DFA International Value Portfolio III**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)** 

---

| | |
|:---|:---|
|  | **Value†** |
| AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) |
| The DFA International Value Series | $2985472539 |
| TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES | $2985472539 |

---

Summary of the Portfolio's Master Fund's investments as of April 30, 2025, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

------

**U.S. Large Cap Value Portfolio III**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)** 

---

| | |
|:---|:---|
|  | **Value†** |
| AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) |
| The U.S. Large Cap Value Series | $3509384362 |
| TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES | $3509384362 |

---

Summary of the Portfolio's Master Fund's investments as of April 30, 2025, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**STATEMENTS OF ASSETS AND LIABILITIES**

**April 30, 2025**

**(Unaudited)**

**(Amounts in thousands, except share and per share amounts)**

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

---

| | | |
|:---|:---|:---|
|  | **DFA**<br> **International**<br> **Value Portfolio**<br> **III**<br>| **U.S. Large Cap**<br> **Value Portfolio**<br> **III**<br>|
| **ASSETS:** |  |  |
| Investments in Affiliated Investment Company at Value | $2985473 | $3509384 |
| Receivables: |  |  |
| Fund Shares Sold | 314 | 897 |
| Prepaid Expenses and Other Assets  | 19 | 22 |
| Total Assets | 2985806 | 3510303 |
| **LIABILITIES:** |  |  |
| Payables: |  |  |
| Fund Shares Redeemed | 1468 | 1228 |
| Due to Advisor | 24 | 28 |
| Accrued Expenses and Other Liabilities | 110 | 153 |
| Total Liabilities | 1602 | 1409 |
| **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |  |
| **NET ASSETS** | $2984204 | $3508894 |
| SHARES OUTSTANDING, $0.01 PAR VALUE (1) | 149182104 | 114272425 |
| **NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE** | **$20.00** | **$30.71** |
| **NET ASSETS CONSIST OF:** |  |  |
| Paid-In Capital | $1890400 | $2032652 |
| Total Distributable Earnings (Loss) | 1093804 | 1476242 |
| **NET ASSETS** | $2984204 | $3508894 |
| (1) NUMBER OF SHARES AUTHORIZED | 500000000 | 700000000 |

---

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**STATEMENTS OF OPERATIONS**

**FOR THE SIX MONTHS ENDED April 30, 2025**

**(Unaudited)**

**(Amounts in thousands)**

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

---

| | | |
|:---|:---|:---|
|  | **DFA**<br> **International**<br> **Value Portfolio**<br> **III**<br>| **U.S. Large Cap**<br> **Value Portfolio**<br> **III**<br>|
| **Investment Income** |  |  |
| Net Investment Income Allocated from Affiliated Investment Companies: |  |  |
| Dividends (Net of Foreign Taxes Withheld of $5,198 and $0, respectively) | $57936 | $43045 |
| Interest | 724 | 329 |
| Income from Securities Lending, Net | 580 | 28 |
| Expenses Allocated from Affiliated Investment Companies | (2996)<br>| (1955)<br>|
| Total Net Investment Income Allocated from Affiliated Investment Companies | 56244 | 41447 |
| **Fund Expenses** |  |  |
| Investment Management Fees | 2976 | 2014 |
| Accounting & Transfer Agent Fees | 229 | 279 |
| Filing Fees | 17 | 19 |
| Shareholders' Reports | 23 | 21 |
| Directors'/Trustees' Fees & Expenses | 9 | 11 |
| Professional Fees | 7 | 8 |
| Other | 20 | 9 |
| Total Fund Expenses | 3281 | 2361 |
| Fees Waived, Expenses Reimbursed by Advisor (Note C) | 2835 | 1832 |
| Net Expenses | 446 | 529 |
| **Net Investment Income (Loss)** | 55798 | 40918 |
| **Realized and Unrealized Gain (Loss)** |  |  |
| Net Realized Gain (Loss) on: |  |  |
| Transactions Allocated from Affiliated Investment Company | 27986 | (4977)<br>|
| In-Kind Redemptions |  | 183210 |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |
| Transactions Allocated from Affiliated Investment Company | 221887 | (365612)<br>|
| **Net Realized and Unrealized Gain (Loss)** | 249873 | (187379)<br>|
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | $305671 | $(146461)<br>|

---

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **DFA International Value**<br> **Portfolio III** | **DFA International Value**<br> **Portfolio III** | **U.S. Large Cap Value**<br> **Portfolio III** | **U.S. Large Cap Value**<br> **Portfolio III** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
|  | **(Unaudited)** |  | **(Unaudited)** |  |
| **Increase (Decrease) in Net Assets** |  |  |  |  |
| Operations: |  |  |  |  |
| Net Investment Income Allocated from Affiliated Investment Company | $55798 | $112073 | &nbsp;&nbsp; $40918 | $81228 |
| Net Realized Gain (Loss) on: |  |  |  |  |
| Transactions Allocated from Affiliated Investment Company | 27986 | 48309 | &nbsp;&nbsp; (4977)<br>| 18328 |
| In-Kind Redemptions |  |  | &nbsp;&nbsp; 183210 | 549357 |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| Transactions Allocated from Affiliated Investment Company | 221887 | 414341 | &nbsp;&nbsp; (365612)<br>| 303298 |
| Net Increase (Decrease) in Net Assets Resulting from Operations | 305671 | 574723 | &nbsp;&nbsp; (146461)<br>| 952211 |
| Distributions: |  |  |  |  |
| Institutional Class Shares | (37399)<br>| (127982)<br>| &nbsp;&nbsp; (34121)<br>| (201455)<br>|
| Capital Share Transactions (1): |  |  |  |  |
| Shares Issued | 97685 | 216215 | &nbsp;&nbsp; 245896 | 392094 |
| Shares Issued in Lieu of Cash Distributions | 30672 | 107386 | &nbsp;&nbsp; 27882 | 169000 |
| Shares Redeemed | (242009)<br>| (611660)<br>| &nbsp;&nbsp; (282405)<br>| (887576)<br>|
| Net Increase (Decrease) from Capital Share Transactions | (113652)<br>| (288059)<br>| &nbsp;&nbsp; (8627)<br>| (326482)<br>|
| Total Increase (Decrease) in Net Assets | 154620 | 158682 | &nbsp;&nbsp; (189209)<br>| 424274 |
| **Net Assets** |  |  |  |  |
| Beginning of Period | 2829584 | 2670902 | &nbsp;&nbsp; 3698103 | 3273829 |
| End of Period | $2984204 | $2829584 | &nbsp;&nbsp; $3508894 | $3698103 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |
| Shares Issued | 5308 | 12223 | &nbsp;&nbsp; 7667 | 12978 |
| Shares Issued in Lieu of Cash Distributions | 1662 | 6035 | &nbsp;&nbsp; 864 | 5874 |
| Shares Redeemed  | (12926)<br>| (34003)<br>| &nbsp;&nbsp; (8701)<br>| (29257)<br>|
| Net Increase (Decrease) from Shares Issued and Redeemed | (5956)<br>| (15745)<br>| &nbsp;&nbsp; (170)<br>| (10405)<br>|

---

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **DFA International Value Portfolio III** | **DFA International Value Portfolio III** | **DFA International Value Portfolio III** | **DFA International Value Portfolio III** | **DFA International Value Portfolio III** | **DFA International Value Portfolio III** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | &nbsp;&nbsp; $18.24 | &nbsp;&nbsp;&nbsp; $15.63 | &nbsp;&nbsp; $13.92 | &nbsp;&nbsp; $16.95 | &nbsp;&nbsp; $11.57 | &nbsp;&nbsp; $14.66 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.36 | &nbsp;&nbsp;&nbsp;&nbsp;0.68 | 0.70 | 0.68 | 0.55 | 0.35 |
| Net Gains (Losses) on Securities (Realized and <br> Unrealized) <br>| 1.64 | &nbsp;&nbsp;&nbsp;&nbsp;2.72 | 1.68 | &nbsp;&nbsp; (2.99)<br>| 5.33 | &nbsp;&nbsp; (3.07)<br>|
| Total from Investment Operations  | 2.00 | &nbsp;&nbsp;&nbsp;&nbsp;3.40 | 2.38 | &nbsp;&nbsp; (2.31)<br>| 5.88 | &nbsp;&nbsp; (2.72)<br>|
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | &nbsp;&nbsp; (0.24)<br>| &nbsp;&nbsp;&nbsp; (0.79)<br>| &nbsp;&nbsp; (0.67)<br>| &nbsp;&nbsp; (0.72)<br>| &nbsp;&nbsp; (0.50)<br>| &nbsp;&nbsp; (0.37)<br>|
| Total Distributions  | &nbsp;&nbsp; (0.24)<br>| &nbsp;&nbsp;&nbsp; (0.79)<br>| &nbsp;&nbsp; (0.67)<br>| &nbsp;&nbsp; (0.72)<br>| &nbsp;&nbsp; (0.50)<br>| &nbsp;&nbsp; (0.37)<br>|
| Net Asset Value, End of Period | &nbsp;&nbsp; $20.00 | &nbsp;&nbsp;&nbsp; $18.24 | &nbsp;&nbsp; $15.63 | &nbsp;&nbsp; $13.92 | &nbsp;&nbsp; $16.95 | &nbsp;&nbsp; $11.57 |
| Total Return  | 11.10<br> %(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 21.93<br> %<br>| 17.03<br> %<br>| &nbsp;&nbsp; (13.87<br> %)<br>| 51.07<br> %<br>| &nbsp;&nbsp; (18.72<br> %)<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $2984204 | &nbsp;&nbsp;&nbsp; $2829584 | &nbsp;&nbsp; $2670902 | &nbsp;&nbsp; $2581211 | &nbsp;&nbsp; $3406586 | &nbsp;&nbsp; $2542236 |
| Ratio of Expenses to Average Net Assets (C) | 0.24<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.25<br> %<br>| 0.25<br> %<br>| 0.24<br> %<br>| 0.25<br> %<br>| 0.25<br> %<br>|
| Ratio of Expenses to Average Net Assets (Excluding <br> Fees Waived, Expenses Reimbursed by <br> Advisor) (C)<br>| 0.44<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.45<br> %<br>| 0.45<br> %<br>| 0.44<br> %<br>| 0.45<br> %<br>| 0.45<br> %<br>|
| Ratio of Net Investment Income to Average Net <br> Assets <br>| 3.94<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 3.81<br> %<br>| 4.31<br> %<br>| 4.28<br> %<br>| 3.48<br> %<br>| 2.75<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; N/A | &nbsp;&nbsp;&nbsp; N/A | &nbsp;&nbsp; N/A | &nbsp;&nbsp; N/A | &nbsp;&nbsp; N/A | &nbsp;&nbsp; N/A |

---

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **U.S. Large Cap Value Portfolio III** | **U.S. Large Cap Value Portfolio III** | **U.S. Large Cap Value Portfolio III** | **U.S. Large Cap Value Portfolio III** | **U.S. Large Cap Value Portfolio III** | **U.S. Large Cap Value Portfolio III** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | &nbsp;&nbsp; $32.31 | &nbsp;&nbsp;&nbsp; $26.22 | &nbsp;&nbsp; $27.98 | &nbsp;&nbsp; $30.93 | &nbsp;&nbsp; $21.17 | &nbsp;&nbsp; $25.23 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.36 | &nbsp;&nbsp;&nbsp;&nbsp;0.67 | 0.65 | 0.63 | 0.54 | 0.56 |
| Net Gains (Losses) on Securities (Realized and <br> Unrealized) <br>| &nbsp;&nbsp; (1.66)<br>| &nbsp;&nbsp;&nbsp;&nbsp;7.06 | &nbsp;&nbsp; (0.83)<br>| &nbsp;&nbsp; (1.65)<br>| 9.74 | &nbsp;&nbsp; (3.33)<br>|
| Total from Investment Operations  | &nbsp;&nbsp; (1.30)<br>| &nbsp;&nbsp;&nbsp;&nbsp;7.73 | &nbsp;&nbsp; (0.18)<br>| &nbsp;&nbsp; (1.02)<br>| 10.28 | &nbsp;&nbsp; (2.77)<br>|
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | &nbsp;&nbsp; (0.30)<br>| &nbsp;&nbsp;&nbsp; (0.61)<br>| &nbsp;&nbsp; (0.59)<br>| &nbsp;&nbsp; (0.57)<br>| &nbsp;&nbsp; (0.52)<br>| &nbsp;&nbsp; (0.51)<br>|
| Net Realized Gains  | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (1.03)<br>| &nbsp;&nbsp; (0.99)<br>| &nbsp;&nbsp; (1.36)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (0.78)<br>|
| Total Distributions  | &nbsp;&nbsp; (0.30)<br>| &nbsp;&nbsp;&nbsp; (1.64)<br>| &nbsp;&nbsp; (1.58)<br>| &nbsp;&nbsp; (1.93)<br>| &nbsp;&nbsp; (0.52)<br>| &nbsp;&nbsp; (1.29)<br>|
| Net Asset Value, End of Period | &nbsp;&nbsp; $30.71 | &nbsp;&nbsp;&nbsp; $32.31 | &nbsp;&nbsp; $26.22 | &nbsp;&nbsp; $27.98 | &nbsp;&nbsp; $30.93 | &nbsp;&nbsp; $21.17 |
| Total Return  | &nbsp;&nbsp; (4.07<br> %)(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 30.34<br> %<br>| &nbsp;&nbsp; (0.82<br> %)<br>| &nbsp;&nbsp; (3.47<br> %)<br>| 48.78<br> %<br>| &nbsp;&nbsp; (11.43<br> %)<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $3508894 | &nbsp;&nbsp;&nbsp; $3698103 | &nbsp;&nbsp; $3273829 | &nbsp;&nbsp; $3545060 | &nbsp;&nbsp; $4318193 | &nbsp;&nbsp; $3303651 |
| Ratio of Expenses to Average Net Assets (C) | 0.14<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.14<br> %<br>| 0.14<br> %<br>| 0.13<br> %<br>| 0.14<br> %<br>| 0.14<br> %<br>|
| Ratio of Expenses to Average Net Assets (Excluding <br> Fees Waived, Expenses Reimbursed by <br> Advisor) (C)<br>| 0.24<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.24<br> %<br>| 0.24<br> %<br>| 0.23<br> %<br>| 0.24<br> %<br>| 0.24<br> %<br>|
| Ratio of Net Investment Income to Average Net <br> Assets <br>| 2.23<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 2.22<br> %<br>| 2.35<br> %<br>| 2.16<br> %<br>| 1.89<br> %<br>| 2.50<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; N/A | &nbsp;&nbsp;&nbsp; N/A | &nbsp;&nbsp; N/A | &nbsp;&nbsp; N/A | &nbsp;&nbsp; N/A | &nbsp;&nbsp; N/A |

---

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**NOTES TO FINANCIAL STATEMENTS**

**(Unaudited)**

**A. Organization:** 

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940 (the "1940 Act"), whose shares are offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of ten portfolios, two of which, DFA International Value Portfolio III and U.S. Large Cap Value Portfolio III (the "Portfolios"), are presented in this report. The remaining portfolios are presented in separate reports. The Portfolios are investment companies, and accordingly, follow the accounting and reporting guidance under the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC"), Topic 946, "Financial Services-Investment Companies."

DFA International Value Portfolio III and U.S. Large Cap Value Portfolio III invest substantially all of their assets in The DFA International Value Series and The U.S. Large Cap Value Series (collectively, the "Series"), respectively, each a corresponding series of The DFA Investment Trust Company. As of April 30, 2025, DFA International Value Portfolio III and U.S. Large Cap Value Portfolio III owned 23% and 13% of the total outstanding shares of their respective Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolios.

**B. Significant Accounting Policies:**

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America ("GAAP"). Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates, and those differences could be material.

1. Security Valuation: The Portfolios use a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 1 – inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 3 – significant unobservable inputs (including the Portfolios' own assumptions in determining the fair value of investments)

Shares held by the Portfolios in other investment companies (such as the Series) are valued at their respective daily net asset values as reported by their administrator. The Portfolios' investments reflect their proportionate interests in the net assets of their respective Series. These valuations are classified as Level 1 in the hierarchy.

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

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds, each of which are affiliates of the Portfolios, and advised by Dimensional Fund Advisors LP (the "Advisor"): the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company Portfolio, U.S. Vector Equity Portfolio, U.S. Micro Cap Portfolio, DFA International Value Portfolio, International Core Equity 2 Portfolio, Emerging Markets Portfolio, Emerging

------

Markets Core Equity 2 Portfolio, DFA Inflation-Protected Securities Portfolio, and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors'/Trustees' Fees & Expenses.

The Directors may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Director shall have the right in a notice of election (the "Notice") to defer the receipt of the Director's deferred compensation until a date specified by such Director in the Notice, which date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board; and (ii) five years following the effective date of the Director's first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director's deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board (unless the Director files an amended Notice selecting a different distribution date).

3. Other: The Portfolios recognize their pro-rata share, on a daily basis, of net investment income and realized and unrealized gains and losses of investment securities and foreign currency from their respective Series, which are each treated as a partnership for federal income tax purposes. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. Expenses directly attributable to a Portfolio are directly charged. Common expenses of the Fund or the Portfolios are allocated using methods approved by the Board, generally based on average net assets.

**C. Investment Advisor:**

The Advisor provides investment management services to the Portfolios.

During the six months ended April 30, 2025, the DFA International Value Portfolio III's and U.S. Large Cap Value Portfolio III's investment management fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.21% and 0.11%, respectively, of each Portfolio's average daily net assets.

Pursuant to an Amended and Restated Fee Waiver Agreement (the "Fee Waiver Agreement"), the Advisor has contractually agreed to permanently waive all or a portion of the management fee of each Portfolio to the extent necessary to limit the total management fees paid to the Advisor by a Portfolio, including the proportionate share of the management fees a Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in The DFA Short Term Investment Fund to the rates listed below as a percentage of the average net assets of a class of a Portfolio on an annualized basis. The Fee Waiver Agreement will remain in effect permanently, unless terminated by the Fund.

During the six months ended April 30, 2025, each Portfolio had a total management fee limit based on a percentage of its average net assets on an annualized basis and waived fees (amounts in thousands) as reflected below.

---

| | | |
|:---|:---|:---|
| **Institutional Class Shares** | **Total**<br> **Management**<br> **Fee Limit**<br>| **Waived**<br> **Fees**<br>|
| DFA International Value Portfolio III | 0.21<br> %<br>| $2835 |
| U.S. Large Cap Value Portfolio III | 0.11<br> %<br>| 1832 |

---

**Fees Paid to Officers and Directors/Trustees:**

Certain Officers and Directors of the Advisor are also Officers and Directors of the Fund; however, such Officers and Directors (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the six months ended April 30, 2025, the total related amount paid by the Fund to the CCO was $11 (in thousands). The total related amounts paid by each of the Portfolios are included in Other Expenses on the Statements of Operations.

------

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

**D. Deferred Compensation:** 

As of April 30, 2025, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statements of Assets and Liabilities as follows (amounts in thousands):

---

| | |
|:---|:---|
| DFA International Value Portfolio III | &nbsp;&nbsp; $30 |
| U.S. Large Cap Value Portfolio III | &nbsp;&nbsp; 44 |

---

**E. Federal Income Taxes:** 

Each Portfolio has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to shareholders. Accordingly, no provision has been made for federal income taxes.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under GAAP. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings, undistributed net investment income, accumulated net realized gains or losses, or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2024, can occur as a result of realized gains on securities considered to be "passive foreign investment companies," non-deductible expenses, realized foreign capital gains tax, the use of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes, net foreign currency gains/losses, distributions received from real estate investment trusts and distribution redesignations, and were reclassified to the accounts mentioned above. These reclassifications had no effect on net assets or net asset value per share.

The tax character of dividends and distributions declared and paid during the years ended October 31, 2023, and October 31, 2024, were as follows (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Long-Term**<br> **Capital Gains**<br>| **Total** |
| DFA International Value Portfolio III |  |  |  |
| 2023 | &nbsp;&nbsp; $118709 | &nbsp;&nbsp; — | &nbsp;&nbsp; $118709 |
| 2024 | &nbsp;&nbsp; 127982 | &nbsp;&nbsp; — | &nbsp;&nbsp; 127982 |
| U.S. Large Cap Value Portfolio III |  |  |  |
| 2023 | &nbsp;&nbsp; 74281 | &nbsp;&nbsp; $124692 | &nbsp;&nbsp; 198973 |
| 2024 | &nbsp;&nbsp; 73856 | &nbsp;&nbsp; 127599 | &nbsp;&nbsp; 201455 |

---

As of October 31, 2024, the following net investment income and short-term capital gains and long-term capital gains distributions designated for federal income tax purposes are due to the use of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Long-Term**<br> **Capital Gains**<br>| **Total** |
| DFA International Value Portfolio III | &nbsp;&nbsp; $(9827)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; $(9827)<br>|
| U.S. Large Cap Value Portfolio III | &nbsp;&nbsp; (7363)<br>| &nbsp;&nbsp; $(1002)<br>| &nbsp;&nbsp; (8365)<br>|

---

------

As of October 31, 2024, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Undistributed**<br> **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Undistributed**<br> **Long-Term**<br> **Capital Gains**<br>| **Capital Loss**<br> **Carryforwards**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Total Net**<br> **Distributable**<br> **Earnings**<br> **(Accumulated**<br> **Losses)**<br>|
| DFA International Value Portfolio III | &nbsp;&nbsp; $18085 | &nbsp;&nbsp; — | &nbsp;&nbsp; $(71492)<br>| &nbsp;&nbsp; $878960 | &nbsp;&nbsp; $825553 |
| U.S. Large Cap Value Portfolio III | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1656897 | &nbsp;&nbsp; 1656897 |

---

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2024, the following Portfolio had the following capital loss carryforwards available to offset future realized capital gains with no expiration date (amount in thousands):

---

| | |
|:---|:---|
|  | **Total** |
| DFA International Value Portfolio III | &nbsp;&nbsp; $71492 |

---

During the year ended October 31, 2024, the following Portfolio used the following capital loss carryforwards to offset realized capital gains for federal income tax purposes (amount in thousands):

---

| | |
|:---|:---|
| DFA International Value Portfolio III | &nbsp;&nbsp; $2171 |

---

As of April 30, 2025, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Federal**<br> **Tax Cost**<br>| **Unrealized**<br> **Appreciation**<br>| **Unrealized**<br> **(Depreciation)**<br>| **Net**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| DFA International Value Portfolio III | &nbsp;&nbsp; $1902440 | &nbsp;&nbsp; $1106259 | &nbsp;&nbsp; — | &nbsp;&nbsp; $1106259 |
| U.S. Large Cap Value Portfolio III | &nbsp;&nbsp; 2217151 | &nbsp;&nbsp; 1289661 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1289661 |

---

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in the tax treatment of passive foreign investment company investments or other investments.

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Under GAAP, the Portfolios recognize the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained, assuming examination by tax authorities. Management has analyzed the Portfolios' tax positions and has concluded that no additional provision for income tax is required in the Portfolios' financial statements. The Portfolios are not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolios' federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

**F. Line of Credit:**

The Fund, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 2, 2025, with its domestic custodian bank. A line of credit with similar terms was in effect through April 2, 2025. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the

------

parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 1, 2026.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 26, 2024. A line of credit with similar terms was in effect through December 26, 2024. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio's net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The line of credit agreement expires on December 25, 2025.

There were no borrowings by the Portfolios under the lines of credit during the six months ended April 30, 2025.

**G. Indemnitees; Contractual Obligations:**

Under the Fund's organizational documents, its Officers and Directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

In the normal course of business, the Fund enters into contracts that contain a variety of representations and warranties that provide general indemnification. The Fund's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Fund and/or its affiliates that have not yet occurred. However, based on experience, the Fund expects the risk of loss to be remote.

**H. Segment Reporting:**

In this reporting period, the Portfolios adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The adoption of the new standard only impacted financial statement disclosures and did not affect each Portfolio's financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that (i)engages in business activities from which it may recognize revenues and incur expenses, (ii) has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and (iii) has discrete financial information available. The Fund's Co-Chief Executive Officers and the Chief Financial Officer act as the Portfolios' CODM. Each Portfolio represents a single operating segment, as the CODM monitors the operating results of the Portfolio as a whole. Each Portfolio's long-term strategic asset allocation is executed by its portfolio management team and guided by each Portfolio's investment objective and principal investment strategies, as described in each Portfolio's respective prospectus. The financial information provided to and reviewed by the CODM is consistent with that presented in each Portfolio's Schedule of Investments, Statement of Operations, Statement of Changes in Net Assets, and Financial Highlights.

**I. New Accounting Pronouncement:**

In December 2023, the FASB issued Accounting Standards Update 2023-09, Income Taxes (Topic 740) – Improvements to Income Tax Disclosures ("ASU 2023-09"). Effective for annual periods beginning after December 15, 2024, the amendments require greater disaggregation of disclosures related to income taxes paid. The ASU 2023-09 allows for early adoption and requires that amendments be applied on a prospective basis. Management is currently evaluating the impact of the ASU 2023-09 but does not expect the guidance to materially impact the financial statements.

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

**J. Other:**

As of April 30, 2025, the following number of shareholders, each holding greater than 5%, held the following approximate percentages of the Portfolios' outstanding shares. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.

---

| | | |
|:---|:---|:---|
|  | **Number of**<br> **Shareholders**<br>| **Approximate**<br> **Percentage**<br> **of Outstanding**<br> **Shares**<br>|
| DFA International Value Portfolio III | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 93<br> %<br>|
| U.S. Large Cap Value Portfolio III | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 88<br> %<br>|

---

The Portfolios are subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy). Although management currently believes that resolving claims, if any, against the Portfolios, individually or in aggregate, will not have a material adverse impact on the Portfolios' financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management's view of these matters may change in the future.

**K. ReFlow Redemption Service:**

A Portfolio may participate in the ReFlow liquidity program, which is designed to provide an alternative liquidity source for mutual funds experiencing net redemptions of their shares. Pursuant to the program, ReFlow Fund, LLC ("ReFlow") provides participating mutual funds with a source of cash to meet net shareholder redemptions by standing ready each business day to purchase fund shares up to the value of the net shares redeemed by other shareholders that are expected to settle that business day. A fund is not guaranteed to receive cash from ReFlow on any given day as the allocation of ReFlow's cash is based on the results of ReFlow's automated daily auction process among participating mutual funds. Following purchases of fund shares, ReFlow then generally redeems those shares when the fund experiences net shareholder purchases at the end of a maximum holding period, currently 8 days, determined by ReFlow, or at other times at ReFlow's discretion. While ReFlow holds fund shares, it will have the same rights and privileges with respect to those shares as any other shareholder.

For use of the ReFlow program, a fund pays a fee to ReFlow each time it purchases fund shares, calculated by applying to the purchase amount a fee rate determined through the auction process. The current minimum fee rate (which is subject to change) is 0.14% of the value of the fund shares purchased by ReFlow, although the fund may submit a bid at a higher fee rate if it determines that doing so is in the best interest of fund shareholders. ReFlow's purchases of fund shares through the liquidity program are made on an investment-blind basis without regard to the fund's objective, policies, or anticipated performance. In accordance with federal securities laws, ReFlow is prohibited from acquiring more than 3% of the outstanding voting securities of a fund. ReFlow will periodically redeem its entire share position in the Portfolio and may request that such redemption be met in kind in accordance with redemption in-kind policies described in the Portfolio's Prospectus. If the Portfolio is part of a "master-feeder" structure, then the "feeder" fund does not generally buy individual securities directly. Instead, the feeder fund invests in a corresponding "master" fund that in turn purchases stocks and other securities. Under a master-feeder structure, ReFlow redemptions and subscriptions take place at the feeder level, where the capital commitments are pooled, and securities are redeemed at the master level, where the securities are held. As a result, realized gains or losses will be reflected in the master fund's financial statements. Purchases and redemptions of Portfolio shares by ReFlow under the program are not considered excessive short-term trading under the Portfolios' Policy Regarding Excessive Short-Term Trading.

**L. Subsequent Event Evaluations:** 

Management has evaluated the impact of all subsequent events on the Portfolios through the date on which the financial statements were issued and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

------

**The DFA International Value Series**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)**

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (94.9%) | COMMON STOCKS — (94.9%) | COMMON STOCKS — (94.9%) | COMMON STOCKS — (94.9%) |
| AUSTRALIA — (5.8%) | AUSTRALIA — (5.8%) | AUSTRALIA — (5.8%) | AUSTRALIA — (5.8%) |
| # | Ampol Ltd. | 135305 | $2054500 |
|  | Ansell Ltd. | 19794 | 383995 |
|  | ANZ Group Holdings <br> Ltd.<br>| 3720839 | 71150836 |
|  | Aurizon Holdings Ltd. | 8613723 | 16863201 |
|  | Bendigo & Adelaide <br> Bank Ltd.<br>| 1005936 | 7196294 |
|  | BlueScope Steel Ltd. | 2726750 | 41764157 |
|  | Cleanaway Waste <br> Management Ltd.<br>| 3834882 | 6382035 |
|  | Dyno Nobel Ltd. | 4245410 | 6162643 |
| # | Endeavour Group Ltd. | 851987 | 2179305 |
|  | Evolution Mining Ltd. | 6549604 | 32846401 |
|  | Fortescue Ltd. | 1134665 | 11718465 |
|  | Glencore PLC | 12424779 | 40737548 |
|  | Hafnia Ltd. | 292039 | 1346181 |
|  | Harvey Norman <br> Holdings Ltd.<br>| 2079606 | 6952851 |
|  | National Australia Bank <br> Ltd.<br>| 4696624 | 108448354 |
| \* | NEXTDC Ltd. | 68771 | 522132 |
|  | Northern Star <br> Resources Ltd.<br>| 2987636 | 36699151 |
|  | Orica Ltd. | 1865299 | 19361517 |
|  | Origin Energy Ltd. | 3452895 | 23534950 |
|  | QBE Insurance Group <br> Ltd.<br>| 2057129 | 28429361 |
| # | Rio Tinto Ltd. | 585277 | 43788802 |
|  | Santos Ltd. | 11184639 | 42997812 |
|  | Sonic Healthcare Ltd. | 1570168 | 26217034 |
|  | South32 Ltd. (S32 AU) | 12702062 | 21889402 |
|  | Suncorp Group Ltd. | 2725857 | 35447275 |
|  | TPG Telecom Ltd. | 518044 | 1677459 |
| # | Treasury Wine Estates <br> Ltd.<br>| 451021 | 2578030 |
|  | Westpac Banking <br> Corp.<br>| 5237352 | 109906672 |
| # | Whitehaven Coal Ltd. | 3239434 | 10362093 |
|  | Woodside Energy <br> Group Ltd. (WDS <br> AU)<br>| 2876455 | 37494971 |
|  | Worley Ltd. | 703008 | 5600922 |
| # | Yancoal Australia Ltd. | 1237983 | 3947512 |
| TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 806641861 |
| AUSTRIA — (0.2%) | AUSTRIA — (0.2%) | AUSTRIA — (0.2%) | AUSTRIA — (0.2%) |
|  | Erste Group Bank AG | 138521 | 9380865 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) |
|  | OMV AG | 231442 | $11966387 |
| TOTAL AUSTRIA | TOTAL AUSTRIA |  | 21347252 |
| BELGIUM — (0.8%) | BELGIUM — (0.8%) | BELGIUM — (0.8%) | BELGIUM — (0.8%) |
|  | Ageas SA | 460580 | 28885843 |
|  | Anheuser-Busch InBev <br> SA (ABI BB)<br>| 451334 | 29746951 |
|  | KBC Group NV | 462193 | 42618243 |
| # | Solvay SA | 31585 | 1195257 |
|  | Syensqo SA | 204971 | 14662147 |
| TOTAL BELGIUM | TOTAL BELGIUM |  | 117108441 |
| CANADA — (10.4%) | CANADA — (10.4%) | CANADA — (10.4%) | CANADA — (10.4%) |
|  | Agnico Eagle Mines <br> Ltd. (AEM US)<br>| 356399 | 41905394 |
|  | AltaGas Ltd. | 450341 | 13327951 |
|  | ARC Resources Ltd. | 396364 | 7334430 |
|  | Bank of Montreal <br> (BMO CN)<br>| 1808 | 173233 |
|  | Bank of Montreal <br> (BMO US)<br>| 1308032 | 124890895 |
|  | Bank of Nova Scotia <br> (BNS CN)<br>| 503391 | 25187807 |
|  | Bank of Nova Scotia <br> (BNS US)<br>| 1310049 | 65476249 |
|  | Barrick Gold Corp. <br> (ABX CN)<br>| 42338 | 807389 |
|  | Barrick Gold Corp. <br> (GOLD US)<br>| 5387862 | 102584893 |
|  | Canadian Imperial <br> Bank of Commerce <br> (CM CN)<br>| 1726071 | 108865424 |
| # | Canadian Imperial <br> Bank of Commerce <br> (CM US)<br>| 496982 | 31285017 |
| # | Canadian Tire Corp. <br> Ltd., Class A<br>| 89089 | 9750289 |
|  | Cenovus Energy, Inc. <br> (CVE US)<br>| 3776058 | 44444203 |
|  | Empire Co. Ltd., <br> Class A<br>| 41544 | 1542908 |
|  | Fairfax Financial <br> Holdings Ltd.<br>| 56550 | 88287078 |
| \* | First Quantum Minerals <br> Ltd.<br>| 1335542 | 17931872 |
|  | iA Financial Corp., Inc. | 357153 | 34694567 |
|  | IGM Financial, Inc. | 87856 | 2791942 |

---

------

**The DFA International Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Imperial Oil Ltd. (IMO <br> US)<br>| 7127 | $480217 |
|  | Kinross Gold Corp. (K <br> CN)<br>| 4622914 | 68240461 |
|  | Kinross Gold Corp. <br> (KGC US)<br>| 428096 | 6318697 |
|  | Lundin Mining Corp. | 2686540 | 21981845 |
| # | Magna International, <br> Inc. (MGA US)<br>| 482024 | 16755154 |
|  | Manulife Financial <br> Corp. (MFC CN)<br>| 450447 | 13804864 |
|  | Manulife Financial <br> Corp. (MFC US)<br>| 2384237 | 73005337 |
|  | MEG Energy Corp. | 262796 | 3686693 |
|  | Nutrien Ltd. (NTR US) | 1667476 | 95129494 |
|  | Onex Corp. | 88109 | 6238444 |
|  | Pan American Silver <br> Corp. (PAAS US)<br>| 265048 | 6673909 |
|  | Saputo, Inc. | 199970 | 3901924 |
|  | Suncor Energy, Inc. <br> (SU CN)<br>| 840913 | 29699751 |
|  | Suncor Energy, Inc. <br> (SU US)<br>| 2343254 | 82693434 |
|  | Teck Resources Ltd. <br> (TECK US), Class B<br>| 1857253 | 63128029 |
|  | Teck Resources Ltd. <br> (TECKB CN), <br> Class B<br>| 3183 | 108170 |
| # | Toronto-Dominion Bank <br> (TD CN)<br>| 308375 | 19704594 |
| # | Toronto-Dominion Bank <br> (TD US)<br>| 2264467 | 144427705 |
| # | Tourmaline Oil Corp. | 1218004 | 53805632 |
|  | West Fraser Timber <br> Co. Ltd. (WFG CN)<br>| 150880 | 11170986 |
| # | West Fraser Timber <br> Co. Ltd. (WFG US)<br>| 11473 | 848773 |
|  | Whitecap Resources, <br> Inc.<br>| 548309 | 3110240 |
| TOTAL CANADA | TOTAL CANADA |  | 1446195894 |
| DENMARK — (2.4%) | DENMARK — (2.4%) | DENMARK — (2.4%) | DENMARK — (2.4%) |
| # | AP Moller - Maersk AS <br> (MAERSKA DC), <br> Class A<br>| 4892 | 8360723 |
|  | AP Moller - Maersk AS <br> (MAERSKB DC), <br> Class B<br>| 6957 | 11979150 |
| #\* | Cadeler AS (CADLR <br> NO)<br>| 41515 | 217082 |
|  | Carlsberg AS, Class B | 291587 | 39729790 |
| # | Coloplast AS, Class B | 219419 | 24830124 |
|  | Danske Bank AS | 945349 | 33169985 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) |
| \* | Demant AS | 154481 | $5625715 |
|  | DSV AS | 390713 | 82815413 |
| \* | Genmab AS (GMAB <br> DC)<br>| 65409 | 13869233 |
|  | H Lundbeck AS <br> (HLUNB DC)<br>| 90194 | 431625 |
|  | Novonesis Novozymes <br> B, Class B<br>| 925882 | 60142818 |
|  | Pandora AS | 160355 | 23870905 |
|  | Rockwool AS, Class A | 910 | 41494 |
|  | Rockwool AS, Class B | 199803 | 9121039 |
|  | Tryg AS | 392564 | 9362783 |
| # | Vestas Wind Systems <br> AS<br>| 924385 | 12324085 |
| TOTAL DENMARK | TOTAL DENMARK |  | 335891964 |
| FINLAND — (0.6%) | FINLAND — (0.6%) | FINLAND — (0.6%) | FINLAND — (0.6%) |
| # | Nokia OYJ (NOK US), <br> Sponsored ADR<br>| 1331054 | 6641959 |
|  | Nokia OYJ (NOKIA <br> FH)<br>| 10020106 | 50092244 |
|  | Nordea Bank Abp <br> (NDA FH)<br>| 4019 | 55659 |
|  | Nordea Bank Abp <br> (NDA SS)<br>| 1748526 | 23994595 |
|  | Stora Enso OYJ, <br> Class R<br>| 680424 | 6320042 |
|  | UPM-Kymmene OYJ | 121637 | 3221690 |
| TOTAL FINLAND | TOTAL FINLAND |  | 90326189 |
| FRANCE — (10.3%) | FRANCE — (10.3%) | FRANCE — (10.3%) | FRANCE — (10.3%) |
| \* | Alstom SA | 128122 | 3094039 |
| Ω | Amundi SA | 67754 | 5351969 |
|  | BNP Paribas SA | 1245833 | 105558778 |
|  | Bollore SE | 1793750 | 11095100 |
|  | Bouygues SA | 917705 | 40338001 |
| \* | Canal & SA | 546690 | 1242219 |
|  | Carrefour SA | 1456744 | 22468398 |
|  | Cie de Saint-Gobain <br> SA<br>| 1695733 | 184356684 |
|  | Cie Generale des <br> Etablissements <br> Michelin SCA<br>| 2740740 | 100217189 |
|  | Credit Agricole SA | 1088951 | 20425003 |
|  | Eiffage SA | 284086 | 38656361 |
|  | Engie SA | 5878852 | 121506070 |
| \* | Louis Hachette Group | 189809 | 299270 |
|  | Orange SA (ORA FP) | 6663357 | 96672268 |
|  | Pernod Ricard SA | 71038 | 7700197 |
|  | Publicis Groupe SA <br> (PUB FP)<br>| 330272 | 33604182 |
|  | Renault SA | 865348 | 45959656 |
|  | Rexel SA | 591057 | 16421707 |

---

------

**The DFA International Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  | Sanofi SA (SAN FP) | 1175373 | $128576202 |
|  | Societe Generale SA | 2007247 | 104655791 |
|  | TotalEnergies SE (TTE <br> FP)<br>| 5829143 | 332000000 |
|  | Vivendi SE | 546690 | 1704831 |
| TOTAL FRANCE | TOTAL FRANCE |  | 1421903915 |
| GERMANY — (7.8%) | GERMANY — (7.8%) | GERMANY — (7.8%) | GERMANY — (7.8%) |
|  | BASF SE | 2926486 | 149454065 |
|  | Bayer AG | 887531 | 23259689 |
|  | Bayerische Motoren <br> Werke AG<br>| 725332 | 61520830 |
|  | Brenntag SE | 44054 | 2942096 |
|  | Commerzbank AG | 2938302 | 77769629 |
|  | Continental AG | 296221 | 23156971 |
| \* | Covestro AG | 486865 | 32770569 |
|  | Daimler Truck Holding <br> AG<br>| 1908515 | 76677410 |
|  | Deutsche Bank AG <br> (DB US)<br>| 1042151 | 27314778 |
|  | Deutsche Bank AG <br> (DBK GR)<br>| 2533328 | 66424726 |
|  | Deutsche Lufthansa <br> AG<br>| 524114 | 3766096 |
|  | Deutsche Post AG | 1770197 | 75636972 |
| Ω | DWS Group GmbH & <br> Co. KGaA<br>| 36632 | 1928433 |
|  | E.ON SE | 4743428 | 82960615 |
|  | Evonik Industries AG | 293199 | 6589016 |
|  | Fresenius Medical <br> Care AG (FME GR)<br>| 404679 | 20588276 |
| \* | Fresenius SE & Co. <br> KGaA<br>| 565563 | 26862498 |
| #Ω | Hapag-Lloyd AG | 11832 | 1862953 |
|  | Heidelberg Materials <br> AG<br>| 490528 | 98063157 |
|  | Henkel AG & Co. <br> KGaA<br>| 141005 | 9952151 |
|  | Infineon Technologies <br> AG (IFX GR)<br>| 581803 | 19271087 |
|  | Mercedes-Benz Group <br> AG<br>| 2103162 | 125745552 |
|  | Merck KGaA | 48165 | 6705535 |
|  | RWE AG | 956880 | 37159619 |
| \* | Talanx AG | 65949 | 7568843 |
|  | Volkswagen AG | 73128 | 8163669 |
| TOTAL GERMANY | TOTAL GERMANY |  | 1074115235 |
| HONG KONG — (1.1%) | HONG KONG — (1.1%) | HONG KONG — (1.1%) | HONG KONG — (1.1%) |
|  | BOC Hong Kong <br> Holdings Ltd.<br>| 7678000 | 31851263 |
| # | Cathay Pacific Airways <br> Ltd.<br>| 7060999 | 8113551 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | CK Asset Holdings <br> Ltd.<br>| 1625303 | $6639952 |
|  | CK Hutchison Holdings <br> Ltd.<br>| 4680984 | 26396432 |
| Ω | ESR Group Ltd. | 1613600 | 2569565 |
|  | Henderson Land <br> Development Co. <br> Ltd.<br>| 1134485 | 3217331 |
|  | MTR Corp. Ltd. | 1214933 | 4194345 |
|  | Sino Land Co. Ltd. | 5938656 | 6103157 |
|  | Sun Hung Kai <br> Properties Ltd.<br>| 1804420 | 17117471 |
|  | Swire Pacific Ltd. (19 <br> HK), Class A<br>| 1337500 | 11566245 |
|  | Swire Pacific Ltd. (87 <br> HK), Class B<br>| 2807500 | 3864139 |
| Ω | WH Group Ltd. | 32879196 | 29400817 |
| # | Xinyi Glass Holdings <br> Ltd.<br>| 1118126 | 1046881 |
| TOTAL HONG KONG | TOTAL HONG KONG |  | 152081149 |
| IRELAND — (0.2%) | IRELAND — (0.2%) | IRELAND — (0.2%) | IRELAND — (0.2%) |
|  | AIB Group PLC | 1075655 | 7229542 |
|  | Bank of Ireland Group <br> PLC<br>| 1468145 | 17238160 |
| \* | Flutter Entertainment <br> PLC<br>| 2096 | 508623 |
|  | Smurfit WestRock <br> PLC<br>| 59138 | 2484979 |
| TOTAL IRELAND | TOTAL IRELAND |  | 27461304 |
| ISRAEL — (0.8%) | ISRAEL — (0.8%) | ISRAEL — (0.8%) | ISRAEL — (0.8%) |
|  | Bank Hapoalim BM | 1744949 | 25595943 |
|  | Bank Leumi Le-Israel <br> BM<br>| 2824004 | 40103761 |
|  | Clal Insurance <br> Enterprises Holdings <br> Ltd.<br>| 228957 | 6282150 |
|  | Delek Group Ltd. | 39719 | 6336555 |
|  | Harel Insurance <br> Investments & <br> Financial Services <br> Ltd.<br>| 363624 | 6044140 |
|  | Israel Discount Bank <br> Ltd., Class A<br>| 3035053 | 22670274 |
|  | Migdal Insurance & <br> Financial Holdings <br> Ltd.<br>| 1344878 | 2586464 |
|  | Phoenix Financial Ltd. | 174250 | 3431513 |
| TOTAL ISRAEL | TOTAL ISRAEL |  | 113050800 |

---

------

**The DFA International Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ITALY — (1.4%) | ITALY — (1.4%) | ITALY — (1.4%) | ITALY — (1.4%) |
|  | Banco BPM SpA | 2118518 | $23647995 |
| # | BPER Banca SpA | 85983 | 698361 |
|  | Eni SpA (ENI IM) | 4916050 | 70405397 |
|  | UniCredit SpA | 1815668 | 105637113 |
| TOTAL ITALY | TOTAL ITALY |  | 200388866 |
| JAPAN — (20.0%) | JAPAN — (20.0%) | JAPAN — (20.0%) | JAPAN — (20.0%) |
|  | Acom Co. Ltd. | 136600 | 382767 |
| # | AGC, Inc. | 857900 | 26785259 |
|  | Air Water, Inc. | 356186 | 4857096 |
|  | Aisin Corp. | 1908300 | 24237922 |
|  | Alfresa Holdings Corp. | 279799 | 4223883 |
|  | Amada Co. Ltd. | 1065300 | 10666878 |
|  | Asahi Group Holdings <br> Ltd.<br>| 4112674 | 56846568 |
|  | Asahi Kasei Corp. | 3552687 | 24757755 |
|  | Bridgestone Corp. | 724900 | 30311804 |
|  | Brother Industries Ltd. | 752500 | 13224112 |
|  | Canon Marketing <br> Japan, Inc.<br>| 139900 | 4952441 |
|  | Chiba Bank Ltd.  | 1064000 | 9460533 |
|  | Coca-Cola Bottlers <br> Japan Holdings, Inc.<br>| 196657 | 3694556 |
|  | COMSYS Holdings <br> Corp.<br>| 105199 | 2331637 |
|  | Concordia Financial <br> Group Ltd.<br>| 1803900 | 11667543 |
|  | Cosmo Energy <br> Holdings Co. Ltd.<br>| 273700 | 11233207 |
|  | Credit Saison Co. Ltd. | 502392 | 11732323 |
|  | Dai Nippon Printing <br> Co. Ltd.<br>| 537300 | 7489278 |
|  | Daicel Corp. | 617900 | 5259665 |
|  | Dai-ichi Life Holdings, <br> Inc.<br>| 4959788 | 35811884 |
|  | Daiwa House Industry <br> Co. Ltd.<br>| 1057400 | 38259822 |
|  | Daiwa Securities <br> Group, Inc.<br>| 1137547 | 7480422 |
|  | Denso Corp. | 1898900 | 24518462 |
|  | Dentsu Group, Inc. | 34400 | 721234 |
|  | ENEOS Holdings, Inc. | 9886903 | 47597809 |
|  | EXEO Group, Inc. | 153100 | 1787770 |
|  | Fuji Media Holdings, <br> Inc.<br>| 97100 | 2010687 |
|  | FUJIFILM Holdings <br> Corp.<br>| 845500 | 17317844 |
|  | Fukuoka Financial <br> Group, Inc.<br>| 260600 | 6885120 |
|  | Fuyo General Lease <br> Co. Ltd.<br>| 103800 | 2896485 |
|  | Gunma Bank Ltd. | 260300 | 2170838 |
|  | Hachijuni Bank Ltd. | 651143 | 4914821 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Hakuhodo DY <br> Holdings, Inc.<br>| 303599 | $2282583 |
|  | Hankyu Hanshin <br> Holdings, Inc.<br>| 693300 | 19774425 |
|  | Haseko Corp. | 682372 | 9746057 |
|  | Hitachi Construction <br> Machinery Co. Ltd.<br>| 324999 | 9712555 |
|  | Honda Motor Co. Ltd. <br> (7267 JP)<br>| 10142400 | 103196280 |
|  | Hulic Co. Ltd. | 90700 | 948441 |
|  | Ibiden Co. Ltd. | 182852 | 5068880 |
|  | Idemitsu Kosan Co. <br> Ltd.<br>| 3113310 | 19293219 |
|  | Iida Group Holdings <br> Co. Ltd.<br>| 267151 | 4228680 |
|  | INFRONEER Holdings, <br> Inc.<br>| 147321 | 1256546 |
|  | Inpex Corp. | 3078783 | 38514011 |
|  | Isetan Mitsukoshi <br> Holdings Ltd.<br>| 80200 | 1030928 |
|  | Isuzu Motors Ltd. | 1933200 | 25998511 |
|  | Iwatani Corp. | 246200 | 2357336 |
|  | Iyogin Holdings, Inc. | 184600 | 2141214 |
|  | J Front Retailing Co. <br> Ltd.<br>| 828217 | 10137498 |
|  | Japan Airlines Co. Ltd. | 295000 | 5344635 |
|  | Japan Post Bank Co. <br> Ltd.<br>| 141100 | 1450782 |
|  | Japan Post Holdings <br> Co. Ltd.<br>| 1397610 | 13585137 |
|  | Japan Post Insurance <br> Co. Ltd.<br>| 134400 | 2701864 |
| # | JFE Holdings, Inc. | 1796260 | 20919276 |
|  | JTEKT Corp. | 160371 | 1238556 |
|  | Kajima Corp. | 732900 | 17499924 |
|  | Kamigumi Co. Ltd. | 315700 | 7728187 |
|  | Kandenko Co. Ltd. | 51900 | 1028791 |
| # | Kawasaki Kisen Kaisha <br> Ltd.<br>| 693700 | 9513613 |
|  | Kinden Corp. | 205700 | 5324389 |
|  | Kobe Steel Ltd. | 1186377 | 13913690 |
|  | Koito Manufacturing <br> Co. Ltd.<br>| 545301 | 6604983 |
|  | Komatsu Ltd. | 510500 | 14763438 |
|  | Kubota Corp. (6326 <br> JP)<br>| 2906320 | 33772569 |
|  | Kuraray Co. Ltd. | 1303291 | 15224376 |
|  | Kyocera Corp. | 1183500 | 14026520 |
|  | Kyoto Financial Group, <br> Inc.<br>| 454716 | 7804977 |
|  | Kyudenko Corp. | 6700 | 225047 |
|  | Kyushu Financial <br> Group, Inc.<br>| 402700 | 2032822 |
|  | Lixil Corp. | 643685 | 7584933 |

---

------

**The DFA International Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | LY Corp. | 1624800 | $6145027 |
|  | Mabuchi Motor Co. <br> Ltd.<br>| 3300 | 48210 |
|  | Marubeni Corp. | 598300 | 10607055 |
|  | Mazda Motor Corp. | 2009256 | 12012960 |
|  | Mebuki Financial <br> Group, Inc.<br>| 1565010 | 7646835 |
|  | Medipal Holdings <br> Corp.<br>| 285450 | 4837143 |
|  | MEIJI Holdings Co. <br> Ltd.<br>| 429900 | 10569883 |
|  | Mitsubishi Chemical <br> Group Corp.<br>| 3423547 | 16643764 |
|  | Mitsubishi Corp. | 1809900 | 34363810 |
|  | Mitsubishi Electric <br> Corp.<br>| 819600 | 15855485 |
|  | Mitsubishi Estate Co. <br> Ltd.<br>| 1171441 | 20577504 |
|  | Mitsubishi Gas <br> Chemical Co., Inc.<br>| 554400 | 8447094 |
|  | Mitsubishi HC Capital, <br> Inc.<br>| 2653300 | 18769806 |
|  | Mitsubishi Logistics <br> Corp.<br>| 530500 | 3661186 |
|  | Mitsubishi Motors <br> Corp.<br>| 1617878 | 4478953 |
|  | Mitsubishi UFJ <br> Financial Group, Inc. <br> (8306 JP)<br>| 10163850 | 128055579 |
| # | Mitsubishi UFJ <br> Financial Group, Inc. <br> (MUFG US), <br> Sponsored ADR<br>| 461109 | 5828418 |
|  | Mitsui & Co. Ltd. (8031 <br> JP)<br>| 209500 | 4236325 |
|  | Mitsui & Co. Ltd. <br> (MITSY US), <br> Sponsored ADR<br>| 18174 | 7384096 |
|  | Mitsui Chemicals, Inc. | 812360 | 17851376 |
|  | Mitsui Fudosan Co. <br> Ltd.<br>| 1778200 | 17623112 |
| # | Mitsui OSK Lines Ltd. | 793900 | 26439904 |
|  | Mizuho Financial <br> Group, Inc. (8411 <br> JP)<br>| 2442180 | 61060879 |
|  | MS&AD Insurance <br> Group Holdings, <br> Inc.<br>| 1119259 | 25440530 |
|  | Nagase & Co. Ltd. | 25200 | 443863 |
|  | NGK Insulators Ltd. | 711500 | 8779918 |
|  | NH Foods Ltd. | 272867 | 10301630 |
|  | NHK Spring Co. Ltd. | 274000 | 3045034 |
|  | Nikon Corp. | 540800 | 5200033 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Nippon Electric Glass <br> Co. Ltd.<br>| 83799 | $1917384 |
|  | Nippon Express <br> Holdings, Inc.<br>| 925869 | 16534033 |
|  | Nippon Steel Corp. | 1483993 | 31234648 |
|  | Nippon Television <br> Holdings, Inc.<br>| 56400 | 1306110 |
|  | Nippon Yusen KK | 1107000 | 36168901 |
| \* | Nissan Motor Co. Ltd. | 5693879 | 13555011 |
|  | Nisshin Seifun Group, <br> Inc.<br>| 297356 | 3836398 |
|  | Niterra Co. Ltd. | 373000 | 11614042 |
| # | NOK Corp. | 164265 | 2269947 |
|  | Nomura Holdings, Inc. <br> (8604 JP)<br>| 3219302 | 17942975 |
|  | Nomura Real Estate <br> Holdings, Inc.<br>| 2836500 | 16869924 |
|  | NSK Ltd. | 34091 | 148913 |
|  | Obayashi Corp. | 420882 | 6530058 |
|  | Oji Holdings Corp. | 3428000 | 16181985 |
|  | Omron Corp. | 600 | 17811 |
|  | Ono Pharmaceutical <br> Co. Ltd.<br>| 733995 | 8448963 |
|  | Open House Group <br> Co. Ltd.<br>| 122500 | 5431883 |
|  | ORIX Corp. (8591 JP) | 1961300 | 39343735 |
|  | Panasonic Holdings <br> Corp.<br>| 4215499 | 48334753 |
|  | Resona Holdings, Inc. | 4095139 | 32850356 |
|  | Resonac Holdings <br> Corp.<br>| 772224 | 14045177 |
|  | Ricoh Co. Ltd. | 1843900 | 19394345 |
|  | Rinnai Corp. | 46600 | 1043767 |
|  | Rohm Co. Ltd. | 368165 | 3352138 |
|  | SBI Holdings, Inc. | 443699 | 11666830 |
|  | Seiko Epson Corp. | 850732 | 11802267 |
|  | Seino Holdings Co. <br> Ltd.<br>| 411100 | 6470007 |
|  | Sekisui Chemical Co. <br> Ltd.<br>| 447100 | 7812589 |
|  | Sekisui House Ltd. | 1446900 | 33264516 |
|  | Seven & i Holdings Co. <br> Ltd.<br>| 1687600 | 24842519 |
|  | Shimamura Co. Ltd. | 78500 | 5223308 |
|  | Shimizu Corp. | 418026 | 4465808 |
|  | Shizuoka Financial <br> Group, Inc.<br>| 745600 | 8285509 |
|  | SoftBank Group Corp. | 1097300 | 55490058 |
|  | Sohgo Security <br> Services Co. Ltd.<br>| 18700 | 147798 |
|  | Sojitz Corp. | 655840 | 15515750 |
|  | Stanley Electric Co. <br> Ltd.<br>| 456100 | 8546815 |
|  | Subaru Corp. | 1910384 | 34593077 |

---

------

**The DFA International Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | SUMCO Corp. | 714173 | $4924999 |
|  | Sumitomo Chemical <br> Co. Ltd.<br>| 1337788 | 3233846 |
|  | Sumitomo Corp. | 1500200 | 36629442 |
|  | Sumitomo Electric <br> Industries Ltd.<br>| 2965900 | 47672088 |
|  | Sumitomo Forestry Co. <br> Ltd.<br>| 598600 | 17236216 |
|  | Sumitomo Heavy <br> Industries Ltd.<br>| 360023 | 7496331 |
|  | Sumitomo Metal <br> Mining Co. Ltd.<br>| 276964 | 6145006 |
|  | Sumitomo Mitsui <br> Financial Group, Inc. <br> (8316 JP)<br>| 5498799 | 131186022 |
|  | Sumitomo Mitsui Trust <br> Group, Inc.<br>| 1048087 | 25928332 |
|  | Sumitomo Realty & <br> Development Co. <br> Ltd.<br>| 909400 | 33871759 |
|  | Sumitomo Rubber <br> Industries Ltd.<br>| 706155 | 8892797 |
|  | Suntory Beverage & <br> Food Ltd.<br>| 6700 | 234104 |
|  | Suzuken Co. Ltd. | 117500 | 4244997 |
|  | Suzuki Motor Corp. | 1933800 | 23173996 |
|  | T&D Holdings, Inc. | 63200 | 1344808 |
|  | Taiheiyo Cement <br> Corp.<br>| 330146 | 8889306 |
|  | Takashimaya Co. Ltd. | 859200 | 6624559 |
|  | Takeda Pharmaceutical <br> Co. Ltd. (4502 JP)<br>| 2700071 | 81673370 |
|  | TBS Holdings, Inc. | 65400 | 2193866 |
|  | Tokyo Century Corp. | 442000 | 4654849 |
|  | Tokyo Tatemono Co. <br> Ltd.<br>| 870300 | 15603016 |
|  | Tokyu Fudosan <br> Holdings Corp.<br>| 2665000 | 18665165 |
|  | TOPPAN Holdings, <br> Inc.<br>| 587100 | 16481390 |
|  | Toray Industries, Inc. | 2424400 | 15483462 |
|  | Tosoh Corp. | 958800 | 13515932 |
|  | TOTO Ltd. | 118300 | 3119389 |
|  | Toyo Seikan Group <br> Holdings Ltd.<br>| 385349 | 6727690 |
|  | Toyo Tire Corp. | 335066 | 6264660 |
|  | Toyoda Gosei Co. Ltd. | 173000 | 3321887 |
|  | Toyota Boshoku Corp. | 216500 | 3106501 |
|  | Toyota Industries <br> Corp.<br>| 158900 | 18634977 |
|  | Toyota Motor Corp. <br> (7203 JP)<br>| 6262838 | 119616522 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Toyota Motor Corp. <br> (TM US), Sponsored <br> ADR<br>| 31956 | $6110626 |
|  | Toyota Tsusho Corp. | 1509900 | 30005825 |
|  | Yamada Holdings Co. <br> Ltd.<br>| 635028 | 2046554 |
|  | Yamaguchi Financial <br> Group, Inc.<br>| 157706 | 1863192 |
| # | Yamaha Motor Co. <br> Ltd.<br>| 3070700 | 24116459 |
|  | Yamato Holdings Co. <br> Ltd.<br>| 300600 | 4267847 |
| # | Yamato Kogyo Co. <br> Ltd.<br>| 72400 | 4311321 |
|  | Yokohama Rubber Co. <br> Ltd. <br>| 564500 | 12342688 |
| TOTAL JAPAN | TOTAL JAPAN |  | 2769175414 |
| LUXEMBOURG — (0.3%) | LUXEMBOURG — (0.3%) | LUXEMBOURG — (0.3%) | LUXEMBOURG — (0.3%) |
|  | ArcelorMittal SA (MT <br> NA)<br>| 317689 | 9394604 |
| # | ArcelorMittal SA (MT <br> US)<br>| 640003 | 19001692 |
|  | Subsea 7 SA | 573605 | 8684970 |
| # | Tenaris SA (TS US), <br> ADR<br>| 266018 | 8855739 |
| TOTAL LUXEMBOURG | TOTAL LUXEMBOURG |  | 45937005 |
| NETHERLANDS — (4.3%) | NETHERLANDS — (4.3%) | NETHERLANDS — (4.3%) | NETHERLANDS — (4.3%) |
| #Ω | ABN AMRO Bank NV | 662452 | 13727890 |
|  | Aegon Ltd. (AEG US) | 31012 | 199407 |
|  | Aegon Ltd. (AGN NA) | 2863375 | 18417069 |
|  | Akzo Nobel NV | 354520 | 22382432 |
|  | ASR Nederland NV | 606480 | 38268173 |
|  | HAL Trust | 4073 | 535988 |
| \* | Havas NV | 546690 | 909451 |
|  | Heineken NV | 446633 | 39980427 |
| # | ING Groep NV (INGA <br> NA)<br>| 4971616 | 96545397 |
|  | JDE Peet's NV | 105941 | 2564716 |
|  | Koninklijke Ahold <br> Delhaize NV (AD <br> NA)<br>| 4003663 | 164386591 |
|  | Koninklijke KPN NV | 7233183 | 33647708 |
| #\* | Koninklijke Philips NV <br> (PHG US)<br>| 649977 | 16476917 |
| \* | Koninklijke Philips NV <br> (PHIA NA)<br>| 1267292 | 32163640 |
|  | NN Group NV | 906268 | 55572711 |
|  | Prosus NV (PRX NA) | 106735 | 5004227 |
|  | Randstad NV | 148438 | 5958257 |
|  | Stellantis NV (STLA <br> US)<br>| 208034 | 1930555 |

---

------

**The DFA International Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) |
| # | Stellantis NV (STLA <br> UX)<br>| 1340775 | $12442392 |
|  | Stellantis NV (STLAM <br> IM)<br>| 3233234 | 30086626 |
| TOTAL NETHERLANDS | TOTAL NETHERLANDS |  | 591200574 |
| NEW ZEALAND — (0.2%) | NEW ZEALAND — (0.2%) | NEW ZEALAND — (0.2%) | NEW ZEALAND — (0.2%) |
|  | Auckland International <br> Airport Ltd.<br>| 2622815 | 11717580 |
|  | Chorus Ltd. (CNU NZ) | 82568 | 389415 |
| \* | Fletcher Building Ltd. <br> (FBU NZ)<br>| 1799829 | 3277011 |
| # | Fonterra Co-Operative <br> Group Ltd.<br>| 293628 | 949182 |
|  | Infratil Ltd. | 438615 | 2749119 |
|  | Mercury NZ Ltd. | 511156 | 1696181 |
|  | Meridian Energy Ltd. | 175868 | 572480 |
|  | Summerset Group <br> Holdings Ltd.<br>| 175482 | 1122951 |
| TOTAL NEW ZEALAND | TOTAL NEW ZEALAND |  | 22473919 |
| NORWAY — (0.7%) | NORWAY — (0.7%) | NORWAY — (0.7%) | NORWAY — (0.7%) |
|  | Aker BP ASA | 622602 | 13365711 |
|  | Aker Solutions ASA | 142451 | 386627 |
|  | Austevoll Seafood <br> ASA<br>| 152970 | 1441107 |
|  | DNB Bank ASA | 1206942 | 30171261 |
|  | Equinor ASA | 618755 | 14005906 |
| # | Golden Ocean Group <br> Ltd.<br>| 137586 | 1060751 |
|  | Leroy Seafood Group <br> ASA<br>| 24093 | 105602 |
|  | Norsk Hydro ASA | 2197036 | 11653990 |
|  | Sparebank 1 <br> Oestlandet<br>| 1244 | 20717 |
|  | SpareBank 1 <br> Sor-Norge ASA<br>| 354504 | 5656909 |
|  | Stolt-Nielsen Ltd. | 131154 | 2944681 |
|  | TGS ASA | 293233 | 2187053 |
|  | Wallenius Wilhelmsen <br> ASA<br>| 540692 | 3918660 |
|  | Wilh Wilhelmsen <br> Holding ASA, <br> Class A<br>| 7499 | 279458 |
|  | Yara International ASA | 150692 | 4890489 |
| TOTAL NORWAY | TOTAL NORWAY |  | 92088922 |
| PORTUGAL — (0.0%) | PORTUGAL — (0.0%) | PORTUGAL — (0.0%) | PORTUGAL — (0.0%) |
|  | Galp Energia SGPS <br> SA<br>| 454681 | 7044725 |
| SINGAPORE — (1.0%) | SINGAPORE — (1.0%) | SINGAPORE — (1.0%) | SINGAPORE — (1.0%) |
| Ω | Bw Lpg Ltd. | 7614 | 75226 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
| Ω | BW LPG Ltd. | 288582 | $2898961 |
|  | CapitaLand Investment <br> Ltd.<br>| 2461400 | 5187625 |
| # | City Developments <br> Ltd.<br>| 500800 | 1906817 |
|  | Genting Singapore <br> Ltd.<br>| 3308200 | 1875971 |
|  | Hongkong Land <br> Holdings Ltd.<br>| 1320400 | 6462038 |
|  | Jardine Cycle & <br> Carriage Ltd.<br>| 214200 | 4254379 |
|  | Keppel Ltd. | 5705800 | 28687046 |
|  | Olam Group Ltd. | 82200 | 60847 |
|  | Oversea-Chinese <br> Banking Corp. Ltd.<br>| 1641300 | 20312341 |
| \* | Seatrium Ltd. | 3882814 | 5702106 |
|  | Singapore Airlines Ltd. | 390500 | 2004012 |
|  | United Overseas Bank <br> Ltd.<br>| 1606700 | 42672082 |
|  | UOL Group Ltd. | 974274 | 4309875 |
|  | Wilmar International <br> Ltd.<br>| 5637100 | 13221699 |
| TOTAL SINGAPORE | TOTAL SINGAPORE |  | 139631025 |
| SPAIN — (3.0%) | SPAIN — (3.0%) | SPAIN — (3.0%) | SPAIN — (3.0%) |
|  | Banco Bilbao Vizcaya <br> Argentaria SA <br> (BBVA SM)<br>| 5352632 | 73459729 |
|  | Banco Bilbao Vizcaya <br> Argentaria SA <br> (BBVA US), <br> Sponsored ADR<br>| 221 | 3028 |
|  | Banco de Sabadell SA | 862269 | 2515914 |
| # | Banco Santander SA <br> (SAN SM)<br>| 30225930 | 212816564 |
| # | CaixaBank SA | 8900116 | 68212323 |
|  | EDP Renovaveis SA | 285576 | 2674349 |
|  | Repsol SA (REP SM) | 4193907 | 51264920 |
| TOTAL SPAIN | TOTAL SPAIN |  | 410946827 |
| SWEDEN — (2.3%) | SWEDEN — (2.3%) | SWEDEN — (2.3%) | SWEDEN — (2.3%) |
|  | Billerud Aktiebolag | 252386 | 2663185 |
| \* | Boliden AB | 994756 | 30479355 |
|  | Bure Equity AB | 81087 | 2732052 |
| \* | Electrolux AB, Class B | 267054 | 1667201 |
|  | Essity AB (ESSITYB <br> SS), Class B<br>| 946654 | 27376321 |
| # | Getinge AB, Class B | 200302 | 3871237 |
|  | Hexagon AB, Class B | 851553 | 8287793 |
| # | Hexpol AB | 152651 | 1327371 |
|  | Holmen AB (HOLMA <br> SS), Class A<br>| 5562 | 217170 |

---

------

**The DFA International Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | Holmen AB (HOLMB <br> SS), Class B<br>| 176174 | $6965744 |
| # | Husqvarna AB <br> (HUSQB SS), <br> Class B<br>| 789616 | 3672705 |
| # | Loomis AB | 308464 | 12838711 |
|  | Pandox AB | 118934 | 1991407 |
| # | Securitas AB, Class B | 1033330 | 16374921 |
|  | Skandinaviska <br> Enskilda Banken AB <br> (SEBA SS), Class A<br>| 2936221 | 46590987 |
|  | Skandinaviska <br> Enskilda Banken AB <br> (SEBC SS), <br> Class C<br>| 14462 | 244728 |
| # | Skanska AB, Class B | 730459 | 16973405 |
| # | SKF AB (SKFB SS), <br> Class B<br>| 1204906 | 23617818 |
| # | SSAB AB (SSABA SS), <br> Class A<br>| 564486 | 3566892 |
| # | SSAB AB (SSABB <br> SS), Class B<br>| 1830262 | 11376710 |
|  | Svenska Cellulosa AB <br> SCA (SCAA SS), <br> Class A<br>| 34534 | 444582 |
|  | Svenska Cellulosa AB <br> SCA (SCAB SS), <br> Class B<br>| 603227 | 7800057 |
|  | Svenska <br> Handelsbanken AB <br> (SHBA SS), Class A<br>| 1335980 | 17487725 |
| # | Svenska <br> Handelsbanken AB <br> (SHBB SS), Class B<br>| 37204 | 731189 |
|  | Swedbank AB, <br> Class A<br>| 1001439 | 24999770 |
|  | Telefonaktiebolaget LM <br> Ericsson (ERIC US), <br> Sponsored ADR<br>| 208667 | 1719416 |
|  | Telefonaktiebolaget LM <br> Ericsson (ERICB <br> SS), Class B<br>| 509298 | 4302234 |
|  | Telia Co. AB | 4911630 | 18450388 |
|  | Trelleborg AB, Class B | 526013 | 18137806 |
|  | Vitrolife AB | 25730 | 418785 |
| #\* | Volvo Car AB, Class B | 916701 | 1563643 |
| TOTAL SWEDEN | TOTAL SWEDEN |  | 318891308 |
| SWITZERLAND — (9.6%) | SWITZERLAND — (9.6%) | SWITZERLAND — (9.6%) | SWITZERLAND — (9.6%) |
| # | Alcon AG | 598395 | 58185290 |
|  | Baloise Holding AG | 100891 | 22445471 |
| # | Banque Cantonale <br> Vaudoise<br>| 12011 | 1478285 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Cie Financiere <br> Richemont SA, <br> Class A<br>| 721696 | $127527435 |
|  | DSM-Firmenich AG | 174413 | 18947034 |
|  | Helvetia Holding AG | 4421 | 975262 |
|  | Holcim AG (HOLN FP) | 375078 | 41627364 |
|  | Holcim AG (HOLN <br> SW)<br>| 895794 | 100103093 |
|  | Julius Baer Group Ltd. | 481801 | 31243851 |
|  | Lonza Group AG | 98153 | 70523833 |
|  | Novartis AG (NOVN <br> SW)<br>| 1220131 | 139164734 |
|  | Novartis AG (NVS US), <br> Sponsored ADR<br>| 384526 | 43639856 |
|  | Sandoz Group AG <br> (SDZ SW)<br>| 305284 | 13241602 |
| # | Sandoz Group AG <br> (SDZNY US), ADR<br>| 275714 | 11960473 |
| # | Swatch Group AG <br> (UHRN SW)<br>| 14151 | 491818 |
|  | Swiss Life Holding AG | 84856 | 84725309 |
|  | Swiss Prime Site AG | 93913 | 13242298 |
|  | Swiss Re AG | 630569 | 113189790 |
|  | Swisscom AG | 94854 | 63256528 |
|  | UBS Group AG (UBS <br> US)<br>| 102122 | 3087130 |
|  | UBS Group AG (UBSG <br> SW)<br>| 4408114 | 133809912 |
|  | Zurich Insurance <br> Group AG<br>| 331557 | 235163616 |
| TOTAL SWITZERLAND | TOTAL SWITZERLAND |  | 1328029984 |
| UNITED KINGDOM — (11.7%) | UNITED KINGDOM — (11.7%) | UNITED KINGDOM — (11.7%) | UNITED KINGDOM — (11.7%) |
|  | Anglo American PLC | 894538 | 24419440 |
|  | Associated British <br> Foods PLC<br>| 142453 | 3926738 |
|  | Barclays PLC (BARC <br> LN)<br>| 7305202 | 29101303 |
|  | Barclays PLC (BCS <br> US), Sponsored <br> ADR<br>| 1877295 | 30149358 |
|  | Barratt Redrow PLC | 2030918 | 12661126 |
|  | BP PLC (BP LN) | 7690578 | 35510405 |
|  | BP PLC (BP US), <br> Sponsored ADR<br>| 2110104 | 57943456 |
|  | British American <br> Tobacco PLC (BATS <br> LN)<br>| 2418176 | 105331746 |
| # | British American <br> Tobacco PLC (BTI <br> US), Sponsored <br> ADR<br>| 160135 | 6973879 |
|  | BT Group PLC | 30064581 | 69778559 |

---

------

**The DFA International Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Centrica PLC | 2587352 | $5539603 |
|  | Coca-Cola Europacific <br> Partners PLC<br>| 96373 | 8682553 |
|  | Endeavour Mining <br> PLC<br>| 100066 | 2711058 |
|  | HSBC Holdings PLC <br> (HSBA LN)<br>| 11272844 | 125662669 |
| # | HSBC Holdings PLC <br> (HSBC US), <br> Sponsored ADR<br>| 2088271 | 117110237 |
| # | International Paper <br> Co.<br>| 546264 | 24850000 |
|  | J Sainsbury PLC | 4557501 | 16197873 |
|  | Kingfisher PLC | 6401753 | 24605110 |
|  | Lloyds Banking Group <br> PLC (LLOY LN)<br>| 141879076 | 139393021 |
| # | Lloyds Banking Group <br> PLC (LYG US), <br> ADR<br>| 1844768 | 7286834 |
|  | M&G PLC | 38412 | 106589 |
|  | Mondi PLC | 442742 | 6720443 |
|  | NatWest Group PLC <br> (NWG LN)<br>| 16850471 | 108387085 |
| # | NatWest Group PLC <br> (NWG US), <br> Sponsored ADR<br>| 945717 | 12218664 |
| # | Pearson PLC (PSO <br> US), Sponsored <br> ADR<br>| 373096 | 6062810 |
|  | Shell PLC (SHEL LN) | 307658 | 9928661 |
|  | Shell PLC (SHEL US), <br> ADR<br>| 8154062 | 525773918 |
|  | Standard Chartered <br> PLC<br>| 3879521 | 55877731 |
|  | Taylor Wimpey PLC | 3800508 | 5971767 |
|  | Vodafone Group PLC <br> (VOD LN)<br>| 31285245 | 30744017 |
|  | Vodafone Group PLC <br> (VOD US), <br> Sponsored ADR<br>| 63848 | 623159 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Whitbread PLC | 153232 | $5321905 |
| TOTAL UNITED <br> KINGDOM | TOTAL UNITED <br> KINGDOM |  | 1615571717 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 13147504290 |
| PREFERRED STOCKS — (0.5%) | PREFERRED STOCKS — (0.5%) | PREFERRED STOCKS — (0.5%) | PREFERRED STOCKS — (0.5%) |
| GERMANY — (0.5%) | GERMANY — (0.5%) | GERMANY — (0.5%) | GERMANY — (0.5%) |
|  | Bayerische Motoren <br> Werke AG, 8.479%<br>| 130148 | 10502520 |
|  | Henkel AG & Co. <br> KGaA, 2.969%<br>| 371723 | 28870371 |
|  | Porsche Automobil <br> Holding SE, 7.072%<br>| 98226 | 4049941 |
|  | Volkswagen AG, <br> 9.469%<br>| 201383 | 21912555 |
| TOTAL GERMANY | TOTAL GERMANY |  | 65335387 |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| PORTUGAL — (0.0%) | PORTUGAL — (0.0%) | PORTUGAL — (0.0%) | PORTUGAL — (0.0%) |
| #\* | EDP Renovaveis SA <br> Rights 05/07/2025<br>| 285576 | 29117 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $9,364,772,684) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $9,364,772,684) |  | 13212868794 |

---

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

---

| | | | |
|:---|:---|:---|:---|
|  |  |  | **Value†** |
| SECURITIES LENDING COLLATERAL — (4.6%) | SECURITIES LENDING COLLATERAL — (4.6%) | SECURITIES LENDING COLLATERAL — (4.6%) | SECURITIES LENDING COLLATERAL — (4.6%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 55603153 | 643050462 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $10,007,867,405) | (Cost $10,007,867,405) |  | $13855919256 |

---

As of April 30, 2025, The DFA International Value Series had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 507 | 06/20/25 | &nbsp;&nbsp; $139085343 | &nbsp;&nbsp; $141630450 | &nbsp;&nbsp; $2545107 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$139085343** | &nbsp;&nbsp; **$141630450** | &nbsp;&nbsp; **$2545107** |

---

------

**The DFA International Value Series**

**CONTINUED**

As of April 30, 2025, the value of Rule 144A securities amounted to $57,815,814 or 0.4% of net assets.

Summary of the Series' investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Australia | &nbsp;&nbsp; — | &nbsp;&nbsp; $806641861 | &nbsp;&nbsp; — | &nbsp;&nbsp; $806641861 |
| Austria | &nbsp;&nbsp; — | &nbsp;&nbsp; 21347252 | &nbsp;&nbsp; — | &nbsp;&nbsp; 21347252 |
| Belgium | &nbsp;&nbsp; — | &nbsp;&nbsp; 117108441 | &nbsp;&nbsp; — | &nbsp;&nbsp; 117108441 |
| Canada | &nbsp;&nbsp; $1446195894 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1446195894 |
| Denmark | &nbsp;&nbsp; — | &nbsp;&nbsp; 335891964 | &nbsp;&nbsp; — | &nbsp;&nbsp; 335891964 |
| Finland | &nbsp;&nbsp; 6641959 | &nbsp;&nbsp; 83684230 | &nbsp;&nbsp; — | &nbsp;&nbsp; 90326189 |
| France | &nbsp;&nbsp; — | &nbsp;&nbsp; 1421903915 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1421903915 |
| Germany | &nbsp;&nbsp; 27314778 | &nbsp;&nbsp; 1046800457 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1074115235 |
| Hong Kong | &nbsp;&nbsp; — | &nbsp;&nbsp; 152081149 | &nbsp;&nbsp; — | &nbsp;&nbsp; 152081149 |
| Ireland | &nbsp;&nbsp; 2484979 | &nbsp;&nbsp; 24976325 | &nbsp;&nbsp; — | &nbsp;&nbsp; 27461304 |
| Israel | &nbsp;&nbsp; — | &nbsp;&nbsp; 113050800 | &nbsp;&nbsp; — | &nbsp;&nbsp; 113050800 |
| Italy | &nbsp;&nbsp; — | &nbsp;&nbsp; 200388866 | &nbsp;&nbsp; — | &nbsp;&nbsp; 200388866 |
| Japan | &nbsp;&nbsp; 19323140 | &nbsp;&nbsp; 2749852274 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2769175414 |
| Luxembourg | &nbsp;&nbsp; 27857431 | &nbsp;&nbsp; 18079574 | &nbsp;&nbsp; — | &nbsp;&nbsp; 45937005 |
| Netherlands | &nbsp;&nbsp; 31049271 | &nbsp;&nbsp; 560151303 | &nbsp;&nbsp; — | &nbsp;&nbsp; 591200574 |
| New Zealand | &nbsp;&nbsp; — | &nbsp;&nbsp; 22473919 | &nbsp;&nbsp; — | &nbsp;&nbsp; 22473919 |
| Norway | &nbsp;&nbsp; — | &nbsp;&nbsp; 92088922 | &nbsp;&nbsp; — | &nbsp;&nbsp; 92088922 |
| Portugal | &nbsp;&nbsp; — | &nbsp;&nbsp; 7044725 | &nbsp;&nbsp; — | &nbsp;&nbsp; 7044725 |
| Singapore | &nbsp;&nbsp; 75226 | &nbsp;&nbsp; 139555799 | &nbsp;&nbsp; — | &nbsp;&nbsp; 139631025 |
| Spain | &nbsp;&nbsp; 3028 | &nbsp;&nbsp; 410943799 | &nbsp;&nbsp; — | &nbsp;&nbsp; 410946827 |
| Sweden | &nbsp;&nbsp; 1719416 | &nbsp;&nbsp; 317171892 | &nbsp;&nbsp; — | &nbsp;&nbsp; 318891308 |
| Switzerland | &nbsp;&nbsp; 68428781 | &nbsp;&nbsp; 1259601203 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1328029984 |
| United Kingdom | &nbsp;&nbsp; 766853373 | &nbsp;&nbsp; 848718344 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1615571717 |
| Preferred Stocks |  |  |  |  |
| Germany | &nbsp;&nbsp; — | &nbsp;&nbsp; 65335387 | &nbsp;&nbsp; — | &nbsp;&nbsp; 65335387 |
| Rights/Warrants |  |  |  |  |
| Portugal | &nbsp;&nbsp; — | &nbsp;&nbsp; 29117 | &nbsp;&nbsp; — | &nbsp;&nbsp; 29117 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 643050462 | &nbsp;&nbsp; — | &nbsp;&nbsp; 643050462 |
| Total Investments in Securities | &nbsp;&nbsp; $2397947276 | &nbsp;&nbsp; $11457971980 | &nbsp;&nbsp; — | &nbsp;&nbsp; $13855919256 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; 2545107 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 2545107 |
| Total Financial Instruments | &nbsp;&nbsp; $2545107 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $2545107 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

See accompanying Notes to Financial Statements.

------

**The U.S. Large Cap Value Series**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)**

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMON STOCKS — (96.2%) | COMMON STOCKS — (96.2%) | COMMON STOCKS — (96.2%) | COMMON STOCKS — (96.2%) |
| COMMUNICATION SERVICES — (6.9%) | COMMUNICATION SERVICES — (6.9%) | COMMUNICATION SERVICES — (6.9%) | COMMUNICATION SERVICES — (6.9%) |
|  | AT&T, Inc. | 15222408 | $421660702 |
| #\* | Charter <br> Communications, <br> Inc., Class A<br>| 80961 | 31725377 |
|  | Comcast Corp., <br> Class A<br>| 8308984 | 284167253 |
|  | Electronic Arts, Inc. | 801959 | 116356231 |
|  | Fox Corp. (FOX US), <br> Class B<br>| 420583 | 19447758 |
|  | Fox Corp. (FOXA US), <br> Class A<br>| 1001658 | 49872552 |
| # | Interpublic Group of <br> Cos., Inc.<br>| 609073 | 15299914 |
| \* | Liberty Broadband <br> Corp. (LBRDA US), <br> Class A<br>| 18498 | 1647247 |
| \* | Liberty Broadband <br> Corp. (LBRDK US), <br> Class C<br>| 18867 | 1705388 |
| \* | Liberty Media <br> Corp.-Liberty <br> Formula One <br> (FWONA US), <br> Class A<br>| 39281 | 3164085 |
| #\* | Liberty Media <br> Corp.-Liberty <br> Formula One <br> (FWONK US), <br> Class C<br>| 233585 | 20711982 |
| \* | Liberty Media <br> Corp.-Liberty Live <br> (LLYVA US), <br> Class A<br>| 655 | 45837 |
| # | News Corp. (NWS <br> US), Class B<br>| 152734 | 4798902 |
|  | News Corp. (NWSA <br> US), Class A<br>| 857510 | 23255671 |
|  | Omnicom Group, Inc. | 570842 | 43475327 |
| # | Sirius XM Holdings, <br> Inc.<br>| 265517 | 5687374 |
| \* | Take-Two Interactive <br> Software, Inc.<br>| 180577 | 42132226 |
|  | T-Mobile U.S., Inc. | 1143509 | 282389547 |
|  | Verizon <br> Communications, <br> Inc.<br>| 8455489 | 372548845 |
|  | Walt Disney Co. | 1190162 | 108245234 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
| \* | Warner Bros <br> Discovery, Inc.<br>| 1597636 | $13851504 |
| TOTAL COMMUNICATION <br> SERVICES | TOTAL COMMUNICATION <br> SERVICES |  | 1862188956 |
| CONSUMER DISCRETIONARY — (4.0%) | CONSUMER DISCRETIONARY — (4.0%) | CONSUMER DISCRETIONARY — (4.0%) | CONSUMER DISCRETIONARY — (4.0%) |
| \* | Aptiv PLC | 306381 | 17482100 |
|  | Aramark | 690391 | 23079771 |
|  | Autoliv, Inc. | 116089 | 10822977 |
|  | Best Buy Co., Inc. | 75803 | 5055302 |
|  | BorgWarner, Inc. | 158149 | 4488269 |
| \* | CarMax, Inc. | 168983 | 10928131 |
|  | Dick's Sporting Goods, <br> Inc.<br>| 65486 | 12294342 |
|  | DR Horton, Inc. | 1200143 | 151626067 |
|  | eBay, Inc. | 1358190 | 92574230 |
|  | Ford Motor Co. | 15161291 | 151764523 |
|  | Garmin Ltd. | 280451 | 52407878 |
|  | General Motors Co. | 4801206 | 217206559 |
|  | Gentex Corp. | 496507 | 10813922 |
|  | Genuine Parts Co. | 383763 | 45111341 |
| # | Hyatt Hotels Corp., <br> Class A<br>| 39706 | 4474072 |
|  | Lennar Corp. (LEN <br> US), Class A<br>| 789726 | 85772141 |
| # | Lennar Corp. (LENB <br> US), Class B<br>| 29525 | 3051999 |
| # | LKQ Corp. | 1119776 | 42786641 |
| #\* | MGM Resorts <br> International<br>| 375301 | 11806969 |
| \* | NVR, Inc. | 1118 | 7966589 |
|  | Penske Automotive <br> Group, Inc.<br>| 93618 | 14573514 |
|  | PulteGroup, Inc. | 974924 | 100007704 |
|  | Ralph Lauren Corp. | 52998 | 11921900 |
|  | Tapestry, Inc. | 91507 | 6464970 |
| \* | TopBuild Corp. | 2463 | 728457 |
| TOTAL CONSUMER <br> DISCRETIONARY | TOTAL CONSUMER <br> DISCRETIONARY |  | 1095210368 |
| CONSUMER STAPLES — (5.3%) | CONSUMER STAPLES — (5.3%) | CONSUMER STAPLES — (5.3%) | CONSUMER STAPLES — (5.3%) |
|  | Albertsons Cos., Inc., <br> Class A<br>| 6496 | 142782 |
|  | Archer-Daniels-Midland <br> Co.<br>| 799300 | 38166575 |
|  | Bunge Global SA | 365951 | 28807663 |
| # | Campbell's Co. | 148063 | 5398377 |
| # | Casey's General <br> Stores, Inc.<br>| 74556 | 34488860 |

---

------

**The U.S. Large Cap Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
|  | Church & Dwight Co., <br> Inc.<br>| 14492 | $1439635 |
|  | Constellation Brands, <br> Inc., Class A<br>| 581782 | 109107396 |
|  | Dollar General Corp. | 239562 | 22444564 |
| #\* | Dollar Tree, Inc. | 676384 | 55307920 |
|  | General Mills, Inc. | 2156387 | 122353398 |
|  | Hormel Foods Corp. | 760512 | 22739309 |
|  | J.M. Smucker Co. | 165280 | 19217106 |
|  | Kenvue, Inc. | 5771553 | 136208651 |
|  | Keurig Dr. Pepper, Inc. | 3349388 | 115855331 |
|  | Kraft Heinz Co. | 1528530 | 44480223 |
| # | Kroger Co. | 3528698 | 254807283 |
|  | McCormick & Co., Inc. <br> (MKC US)<br>| 287858 | 22067194 |
| # | Molson Coors <br> Beverage Co., <br> Class B<br>| 406079 | 23361725 |
|  | Mondelez International, <br> Inc., Class A<br>| 2706450 | 184390438 |
| \* | Performance Food <br> Group Co.<br>| 102008 | 8227965 |
|  | Target Corp. | 882070 | 85296169 |
|  | Tyson Foods, Inc., <br> Class A<br>| 451737 | 27664374 |
| \* | U.S. Foods Holding <br> Corp.<br>| 1017355 | 66799529 |
| TOTAL CONSUMER <br> STAPLES | TOTAL CONSUMER <br> STAPLES |  | 1428772467 |
| ENERGY — (11.6%) | ENERGY — (11.6%) | ENERGY — (11.6%) | ENERGY — (11.6%) |
|  | Baker Hughes Co. | 3952225 | 139908765 |
|  | Chevron Corp. | 3532081 | 480574941 |
| # | ConocoPhillips | 2835383 | 252689333 |
| # | Coterra Energy, Inc. | 2516478 | 61804700 |
|  | Devon Energy Corp. | 2126023 | 64652359 |
|  | Diamondback Energy, <br> Inc.<br>| 685704 | 90519785 |
|  | EOG Resources, Inc. | 1129401 | 124606812 |
|  | EQT Corp. | 556426 | 27509701 |
|  | Expand Energy Corp. | 66063 | 6863946 |
|  | Exxon Mobil Corp. | 10082591 | 1065024078 |
| # | Halliburton Co. | 789590 | 15649674 |
|  | Hess Corp. | 373328 | 48177978 |
|  | Kinder Morgan, Inc. | 5924552 | 155815717 |
|  | Marathon Petroleum <br> Corp.<br>| 1111709 | 152759934 |
| # | Occidental Petroleum <br> Corp.<br>| 1478314 | 58260355 |
|  | ONEOK, Inc. | 748405 | 61488955 |
|  | Ovintiv, Inc. | 9098 | 305511 |
|  | Permian Resources <br> Corp.<br>| 1479 | 17452 |
| # | Phillips 66 | 1023599 | 106515712 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
| # | Schlumberger NV | 921055 | $30625079 |
|  | Valero Energy Corp. | 1009265 | 117165574 |
|  | Williams Cos., Inc. | 1103325 | 64621745 |
| TOTAL ENERGY | TOTAL ENERGY |  | 3125558106 |
| FINANCIALS — (23.7%) | FINANCIALS — (23.7%) | FINANCIALS — (23.7%) | FINANCIALS — (23.7%) |
|  | Aflac, Inc. | 878729 | 95500268 |
|  | Allstate Corp. | 260609 | 51702219 |
|  | Ally Financial, Inc. | 546497 | 17848592 |
|  | American International <br> Group, Inc.<br>| 2014250 | 164201660 |
|  | Arch Capital Group <br> Ltd.<br>| 933062 | 84610062 |
|  | Bank of America Corp. | 5206799 | 207647144 |
|  | Bank of New York <br> Mellon Corp.<br>| 1630390 | 131099660 |
| \* | Berkshire Hathaway, <br> Inc., Class B<br>| 1313815 | 700591849 |
|  | Blackrock, Inc. | 45735 | 41813681 |
| \* | Block, Inc. | 148855 | 8703552 |
|  | BOK Financial Corp. | 6114 | 569641 |
|  | Capital One Financial <br> Corp.<br>| 635455 | 114547118 |
|  | Charles Schwab Corp. | 408720 | 33269808 |
|  | Chubb Ltd. | 614515 | 175800451 |
|  | Cincinnati Financial <br> Corp.<br>| 73896 | 10287062 |
|  | Citigroup, Inc. | 1851370 | 126596681 |
|  | Citizens Financial <br> Group, Inc.<br>| 645174 | 23800469 |
|  | CME Group, Inc. | 58793 | 16290364 |
|  | Corebridge Financial, <br> Inc.<br>| 234937 | 6961183 |
|  | Discover Financial <br> Services<br>| 967007 | 176643169 |
|  | Everest Group Ltd. | 77479 | 27801790 |
|  | F&G Annuities & Life, <br> Inc.<br>| 8261 | 287565 |
|  | Fidelity National <br> Financial, Inc.<br>| 308280 | 19745334 |
|  | Fidelity National <br> Information Services, <br> Inc.<br>| 1929387 | 152190046 |
|  | Fifth Third Bancorp | 2268007 | 81512172 |
|  | First Citizens <br> BancShares, Inc., <br> Class A<br>| 15327 | 27268879 |
| \* | Fiserv, Inc. | 473286 | 87354397 |
|  | Franklin Resources, <br> Inc.<br>| 8604 | 161411 |
|  | Global Payments, Inc. | 265951 | 20294721 |
|  | Goldman Sachs <br> Group, Inc.<br>| 590583 | 323373722 |

---

------

**The U.S. Large Cap Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Hartford Insurance <br> Group, Inc.<br>| 1372863 | $168409104 |
|  | Huntington <br> Bancshares, Inc.<br>| 3956669 | 57490400 |
|  | Intercontinental <br> Exchange, Inc.<br>| 135887 | 22824939 |
|  | Jefferies Financial <br> Group, Inc.<br>| 40953 | 1913734 |
|  | JPMorgan Chase & <br> Co.<br>| 4988556 | 1220300569 |
|  | KeyCorp | 2313801 | 34336807 |
|  | Loews Corp. | 489063 | 42465340 |
|  | M&T Bank Corp. | 334193 | 56732604 |
| #\* | Markel Group, Inc. | 11684 | 21248522 |
|  | MetLife, Inc. | 1434948 | 108152031 |
|  | Morgan Stanley | 1820679 | 210142770 |
|  | Nasdaq, Inc. | 31395 | 2392613 |
|  | Northern Trust Corp. | 332299 | 31229460 |
|  | Old Republic <br> International Corp.<br>| 17558 | 660181 |
| #\* | PayPal Holdings, Inc. | 502308 | 33071959 |
|  | PNC Financial <br> Services Group, Inc.<br>| 578982 | 93036618 |
|  | Principal Financial <br> Group, Inc.<br>| 1310318 | 97160080 |
|  | Prudential Financial, <br> Inc.<br>| 1182957 | 121501513 |
| # | Raymond James <br> Financial, Inc.<br>| 393244 | 53890158 |
|  | Regions Financial <br> Corp.<br>| 1577624 | 32199306 |
|  | Reinsurance Group of <br> America, Inc.<br>| 33445 | 6264583 |
|  | RenaissanceRe <br> Holdings Ltd.<br>| 10134 | 2451719 |
| \* | Robinhood Markets, <br> Inc., Class A<br>| 61260 | 3008479 |
|  | State Street Corp. | 691046 | 60881153 |
|  | Synchrony Financial | 1506047 | 78239142 |
| # | T. Rowe Price Group, <br> Inc.<br>| 231186 | 20471520 |
|  | Travelers Cos., Inc. | 1031317 | 272401759 |
|  | Truist Financial Corp. | 2319292 | 88921655 |
|  | U.S. Bancorp | 1821198 | 73467127 |
|  | Unum Group | 46438 | 3606375 |
|  | W.R. Berkley Corp. | 417688 | 29944053 |
|  | Wells Fargo & Co. | 5720327 | 406200420 |
|  | Willis Towers Watson <br> PLC<br>| 75050 | 23100390 |
| TOTAL FINANCIALS | TOTAL FINANCIALS |  | 6406591753 |
| HEALTH CARE — (16.1%) | HEALTH CARE — (16.1%) | HEALTH CARE — (16.1%) | HEALTH CARE — (16.1%) |
|  | Abbott Laboratories | 2350069 | 307271522 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
|  | Agilent Technologies, <br> Inc.<br>| 26194 | $2818474 |
| \* | Align Technology, Inc. | 23587 | 4087627 |
| #\* | Avantor, Inc. | 450055 | 5846214 |
|  | Baxter International, <br> Inc.<br>| 432422 | 13478594 |
|  | Becton Dickinson & <br> Co.<br>| 561631 | 116308164 |
| \* | Biogen, Inc. | 233772 | 28305114 |
| \* | Boston Scientific Corp. | 560768 | 57686204 |
|  | Bristol-Myers Squibb <br> Co.<br>| 349486 | 17544197 |
| \* | Centene Corp. | 751587 | 44982482 |
| \* | Charles River <br> Laboratories <br> International, Inc.<br>| 5060 | 600217 |
|  | Cigna Group | 658301 | 223848672 |
| \* | Cooper Cos., Inc. | 230229 | 18802802 |
|  | CVS Health Corp. | 2664005 | 177715773 |
|  | Danaher Corp. | 535707 | 106782476 |
| \* | Edwards Lifesciences <br> Corp.<br>| 839561 | 63378460 |
|  | Elevance Health, Inc. | 526111 | 221271764 |
| \* | Fortrea Holdings, Inc. | 223138 | 1390150 |
| \* | GE HealthCare <br> Technologies, Inc.<br>| 1694632 | 119183469 |
|  | Gilead Sciences, Inc. | 2061253 | 219605895 |
| #\* | Henry Schein, Inc. | 90638 | 5888751 |
| \* | Hologic, Inc. | 522510 | 30410082 |
|  | Humana, Inc. | 408303 | 107073379 |
| \* | ICON PLC | 92615 | 14025616 |
| \* | Incyte Corp. | 110062 | 6896485 |
| \* | IQVIA Holdings, Inc. | 279215 | 43297870 |
|  | Johnson & Johnson | 3761771 | 588002425 |
|  | Labcorp Holdings, Inc. | 521900 | 125783119 |
|  | Medtronic PLC | 2021760 | 171364378 |
|  | Merck & Co., Inc. | 553424 | 47151725 |
| #\* | Moderna, Inc. | 293544 | 8377746 |
| \* | Molina Healthcare, <br> Inc.<br>| 114862 | 37561023 |
| \* | Neurocrine <br> Biosciences, Inc.<br>| 9158 | 986225 |
|  | Pfizer, Inc. | 8274740 | 201986403 |
| # | Quest Diagnostics, <br> Inc.<br>| 646637 | 115243646 |
|  | Regeneron <br> Pharmaceuticals, <br> Inc.<br>| 163952 | 98167899 |
| # | Revvity, Inc. | 83118 | 7765715 |
|  | Royalty Pharma PLC, <br> Class A<br>| 325624 | 10686980 |
|  | STERIS PLC | 261006 | 58658488 |
| \* | Tenet Healthcare <br> Corp.<br>| 32375 | 4628006 |

---

------

**The U.S. Large Cap Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
|  | Thermo Fisher <br> Scientific, Inc.<br>| 490073 | $210241317 |
| \* | United Therapeutics <br> Corp.<br>| 95632 | 28985103 |
|  | UnitedHealth Group, <br> Inc.<br>| 1446140 | 594999842 |
|  | Universal Health <br> Services, Inc., <br> Class B<br>| 199447 | 35316080 |
| # | Viatris, Inc. | 606093 | 5103303 |
|  | West Pharmaceutical <br> Services, Inc.<br>| 1104 | 233264 |
|  | Zimmer Biomet <br> Holdings, Inc.<br>| 525064 | 54107845 |
| TOTAL HEALTH CARE | TOTAL HEALTH CARE |  | 4363850985 |
| INDUSTRIALS — (12.1%) | INDUSTRIALS — (12.1%) | INDUSTRIALS — (12.1%) | INDUSTRIALS — (12.1%) |
|  | AECOM | 5881 | 580161 |
| \* | Amentum Holdings, <br> Inc.<br>| 320930 | 7002692 |
|  | AMETEK, Inc. | 604324 | 102481264 |
| \* | Builders FirstSource, <br> Inc.<br>| 477584 | 57133374 |
|  | Carlisle Cos., Inc. | 1130 | 428812 |
|  | Carrier Global Corp. | 1070984 | 66979339 |
| \* | Clean Harbors, Inc. | 29177 | 6242127 |
|  | CNH Industrial NV | 2314757 | 26781738 |
|  | CSX Corp. | 3725994 | 104588652 |
|  | Cummins, Inc. | 471456 | 138532631 |
|  | Curtiss-Wright Corp. | 10051 | 3466489 |
|  | Deere & Co. | 513285 | 237938395 |
|  | Delta Air Lines, Inc. | 2785685 | 115968067 |
|  | Dover Corp. | 439533 | 75006306 |
|  | Emerson Electric Co. | 728176 | 76538579 |
|  | FedEx Corp. | 539931 | 113563687 |
|  | Fortive Corp. | 486680 | 33916729 |
|  | Fortune Brands <br> Innovations, Inc.<br>| 162069 | 8722554 |
|  | General Dynamics <br> Corp.<br>| 472813 | 128661874 |
|  | Howmet Aerospace, <br> Inc.<br>| 1 | 139 |
|  | IDEX Corp. | 79588 | 13845924 |
|  | Ingersoll Rand, Inc. | 1056597 | 79699112 |
|  | Jacobs Solutions, Inc. | 206567 | 25572995 |
|  | JB Hunt Transport <br> Services, Inc.<br>| 212141 | 27701372 |
|  | Johnson Controls <br> International PLC<br>| 2003309 | 168077625 |
|  | L3Harris Technologies, <br> Inc.<br>| 443494 | 97577550 |
|  | Leidos Holdings, Inc. | 624332 | 91889184 |
|  | ManpowerGroup, Inc. | 2452 | 105608 |
|  | Nordson Corp. | 16972 | 3217382 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Norfolk Southern <br> Corp.<br>| 591541 | $132534761 |
|  | Northrop Grumman <br> Corp.<br>| 211386 | 102839289 |
|  | Oshkosh Corp. | 2394 | 200521 |
|  | Otis Worldwide Corp. | 299474 | 28830362 |
|  | Owens Corning | 225217 | 32748804 |
|  | PACCAR, Inc. | 2149051 | 193865891 |
|  | Parker-Hannifin Corp. | 129345 | 78261486 |
|  | Pentair PLC | 658023 | 59702427 |
|  | Quanta Services, Inc. | 2214 | 648016 |
|  | Regal Rexnord Corp. | 1060 | 112190 |
|  | Republic Services, <br> Inc.<br>| 107736 | 27014802 |
|  | RTX Corp. | 2051769 | 258789624 |
|  | Snap-on, Inc. | 278840 | 87502780 |
| # | Southwest Airlines Co. | 727132 | 20330611 |
|  | SS&C Technologies <br> Holdings, Inc.<br>| 751729 | 56830712 |
|  | Stanley Black & <br> Decker, Inc.<br>| 152348 | 9143927 |
|  | Textron, Inc. | 320489 | 22552811 |
|  | TransUnion | 284115 | 23570180 |
| #\* | U-Haul Holding Co. <br> (UHAL US)<br>| 24055 | 1476736 |
|  | U-Haul Holding Co. <br> (UHAL/B US)<br>| 564201 | 30918215 |
| \* | United Airlines <br> Holdings, Inc.<br>| 1381507 | 95075312 |
|  | United Parcel Service, <br> Inc., Class B<br>| 214253 | 20418311 |
|  | United Rentals, Inc. | 101525 | 64107961 |
|  | Westinghouse Air <br> Brake Technologies <br> Corp.<br>| 459565 | 84900038 |
|  | Xylem, Inc. | 325858 | 39288699 |
| TOTAL INDUSTRIALS | TOTAL INDUSTRIALS |  | 3283884827 |
| INFORMATION TECHNOLOGY — (8.7%) | INFORMATION TECHNOLOGY — (8.7%) | INFORMATION TECHNOLOGY — (8.7%) | INFORMATION TECHNOLOGY — (8.7%) |
| \* | Advanced Micro <br> Devices, Inc.<br>| 1120666 | 109096835 |
| \* | Akamai Technologies, <br> Inc.<br>| 78827 | 6351880 |
|  | Amdocs Ltd. | 377407 | 33430712 |
|  | Analog Devices, Inc. | 813429 | 158553581 |
|  | Cisco Systems, Inc. | 8816508 | 508977007 |
|  | Cognizant Technology <br> Solutions Corp., <br> Class A<br>| 2028989 | 149272721 |
|  | Corning, Inc. | 3143204 | 139495394 |
| # | Entegris, Inc. | 166797 | 13196979 |
| \* | F5, Inc. | 86022 | 22773464 |
| #\* | First Solar, Inc. | 386611 | 48643396 |
| \* | Flex Ltd. | 964578 | 33123609 |

---

------

**The U.S. Large Cap Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| #\* | GLOBALFOUNDRIES, <br> Inc.<br>| 246437 | $8642546 |
|  | Hewlett Packard <br> Enterprise Co.<br>| 4704375 | 76304962 |
|  | HP, Inc. | 610886 | 15620355 |
|  | Intel Corp. | 2811270 | 56506527 |
| \* | Keysight Technologies, <br> Inc.<br>| 225755 | 32824777 |
|  | Microchip Technology, <br> Inc.<br>| 12328 | 568074 |
| # | Micron Technology, <br> Inc.<br>| 1911377 | 147080460 |
| # | NXP Semiconductors <br> NV<br>| 213350 | 39322538 |
| \* | Okta, Inc. | 31252 | 3505224 |
| \* | ON Semiconductor <br> Corp.<br>| 1535926 | 60976262 |
| \* | Qorvo, Inc. | 56258 | 4032011 |
|  | Roper Technologies, <br> Inc.<br>| 70703 | 39599336 |
|  | Salesforce, Inc. | 1186660 | 318867409 |
| \* | Sandisk Corp. | 221962 | 7127200 |
| # | Skyworks Solutions, <br> Inc.<br>| 99528 | 6397660 |
|  | TD SYNNEX Corp. | 53561 | 5934559 |
|  | TE Connectivity PLC | 1320143 | 193242532 |
| \* | Teledyne Technologies, <br> Inc.<br>| 63273 | 29487116 |
| \* | Trimble, Inc. | 302052 | 18769511 |
| \* | Twilio, Inc., Class A | 143650 | 13892391 |
| #\* | Western Digital Corp. | 596901 | 26180078 |
| \* | Zebra Technologies <br> Corp., Class A<br>| 21966 | 5498529 |
| \* | Zoom <br> Communications, <br> Inc.<br>| 322219 | 24984861 |
| TOTAL INFORMATION <br> TECHNOLOGY | TOTAL INFORMATION <br> TECHNOLOGY |  | 2358280496 |
| MATERIALS — (7.2%) | MATERIALS — (7.2%) | MATERIALS — (7.2%) | MATERIALS — (7.2%) |
| # | Air Products & <br> Chemicals, Inc.<br>| 440518 | 119420025 |
| # | Albemarle Corp. | 264598 | 15492213 |
| # | Amcor PLC | 4266399 | 39250871 |
|  | Ball Corp. | 628173 | 32627306 |
|  | Celanese Corp. | 48583 | 2162429 |
|  | CF Industries Holdings, <br> Inc.<br>| 414552 | 32488440 |
|  | Corteva, Inc. | 1045885 | 64834411 |
|  | CRH PLC (CRHCF <br> US)<br>| 758019 | 72330173 |
|  | Crown Holdings, Inc. | 16342 | 1574225 |
|  | Dow, Inc. | 2701284 | 82632278 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | DuPont de Nemours, <br> Inc.<br>| 521853 | $34437079 |
|  | Eastman Chemical <br> Co.<br>| 524119 | 40357163 |
|  | Freeport-McMoRan, <br> Inc.<br>| 4581568 | 165073895 |
|  | Huntsman Corp. | 8221 | 109421 |
|  | International Flavors & <br> Fragrances, Inc.<br>| 322806 | 25327359 |
| # | International Paper <br> Co.<br>| 919514 | 42003399 |
|  | Linde PLC | 618728 | 280426091 |
|  | LyondellBasell <br> Industries NV, <br> Class A<br>| 1334667 | 77690966 |
|  | Martin Marietta <br> Materials, Inc.<br>| 203600 | 106682328 |
|  | Newmont Corp. | 2181978 | 114946601 |
|  | Nucor Corp. | 1158907 | 138338729 |
|  | Packaging Corp. of <br> America<br>| 322039 | 59773659 |
|  | PPG Industries, Inc. | 847238 | 92230329 |
|  | Reliance, Inc. | 171510 | 49434327 |
|  | RPM International, <br> Inc.<br>| 6246 | 666760 |
|  | Smurfit WestRock <br> PLC<br>| 798586 | 33556584 |
|  | Steel Dynamics, Inc. | 721001 | 93521040 |
|  | Vulcan Materials Co. | 409686 | 107472928 |
|  | Westlake Corp. | 194800 | 18005364 |
| TOTAL MATERIALS | TOTAL MATERIALS |  | 1942866393 |
| REAL ESTATE — (0.6%) | REAL ESTATE — (0.6%) | REAL ESTATE — (0.6%) | REAL ESTATE — (0.6%) |
| \* | CBRE Group, Inc., <br> Class A<br>| 887407 | 108423387 |
| \* | CoStar Group, Inc. | 261257 | 19377432 |
| \* | Jones Lang LaSalle, <br> Inc.<br>| 42096 | 9573051 |
| \* | Zillow Group, Inc. (Z <br> US), Class C<br>| 194438 | 13091511 |
| \* | Zillow Group, Inc. (ZG <br> US), Class A<br>| 40662 | 2682879 |
| TOTAL REAL ESTATE | TOTAL REAL ESTATE |  | 153148260 |
| TOTAL COMMON <br> STOCKS <br>Cost ($17924580240) | TOTAL COMMON <br> STOCKS <br>Cost ($17924580240) |  | 26020352611 |

---

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

------

**The U.S. Large Cap Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| TEMPORARY CASH INVESTMENTS — (0.9%) | TEMPORARY CASH INVESTMENTS — (0.9%) | TEMPORARY CASH INVESTMENTS — (0.9%) | TEMPORARY CASH INVESTMENTS — (0.9%) |
| Ɏ | State Street <br> Institutional <br> U.S. Government <br> Money Market Fund <br> 4.290%<br>| 238260775 | $238260775 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| SECURITIES LENDING COLLATERAL — (2.9%) | SECURITIES LENDING COLLATERAL — (2.9%) | SECURITIES LENDING COLLATERAL — (2.9%) | SECURITIES LENDING COLLATERAL — (2.9%) |
| @§ | The DFA Short Term <br> Investment Fund <br>| 69210199 | $800415954 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $18,963,292,292) | (Cost $18,963,292,292) |  | $27059029340 |

---

As of April 30, 2025, The U.S. Large Cap Value Series had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 704 | 06/20/25 | &nbsp;&nbsp; $198244632 | &nbsp;&nbsp; $196662400 | &nbsp;&nbsp; $(1582232)<br>|
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$198244632** | &nbsp;&nbsp; **$196662400** | &nbsp;&nbsp; **$(1582232)**<br>|

---

Summary of the Series' investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Communication Services | &nbsp;&nbsp; $1862188956 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $1862188956 |
| Consumer Discretionary | &nbsp;&nbsp; 1095210368 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1095210368 |
| Consumer Staples | &nbsp;&nbsp; 1428772467 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1428772467 |
| Energy | &nbsp;&nbsp; 3125558106 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 3125558106 |
| Financials | &nbsp;&nbsp; 6406591753 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 6406591753 |
| Health Care | &nbsp;&nbsp; 4363850985 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 4363850985 |
| Industrials | &nbsp;&nbsp; 3283884827 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 3283884827 |
| Information Technology | &nbsp;&nbsp; 2358280496 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 2358280496 |
| Materials | &nbsp;&nbsp; 1942866393 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1942866393 |
| Real Estate | &nbsp;&nbsp; 153148260 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 153148260 |
| Temporary Cash Investments | &nbsp;&nbsp; 238260775 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 238260775 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; $800415954 | &nbsp;&nbsp; — | &nbsp;&nbsp; 800415954 |
| Total Investments in Securities | &nbsp;&nbsp; $26258613386 | &nbsp;&nbsp; $800415954 | &nbsp;&nbsp; — | &nbsp;&nbsp; $27059029340 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Liabilities** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; (1582232) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (1582232) |
| Total Financial Instruments | &nbsp;&nbsp; $(1582232) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $(1582232) |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

See accompanying Notes to Financial Statements.

------

**THE DFA INVESTMENT TRUST COMPANY**

**STATEMENTS OF ASSETS AND LIABILITIES**

**April 30, 2025**

**(Unaudited)**

**(Amounts in thousands)**

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

---

| | | |
|:---|:---|:---|
|  | **The DFA**<br> **International**<br> **Value Series\***<br>| **The U.S. Large**<br> **Cap Value**<br> **Series\***<br>|
| **ASSETS:** |  |  |
| Investment Securities at Value (including $669,604 and $783,348 of securities on loan, <br> respectively)<br>| $13212869 | $26020353 |
| Temporary Cash Investments at Value & Cost |  | 238261 |
| Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $643,095 and <br> $800,451, respectively)<br>| 643050 | 800416 |
| Segregated Cash for Futures Contracts | 11102 | 15416 |
| Foreign Currencies at Value | 32008 |  |
| Cash  | 127675 |  |
| Receivables: |  |  |
| Investment Securities Sold | 5568 | 18699 |
| Dividends, Interest and Tax Reclaims | 153637 | 26168 |
| Securities Lending Income | 1143 | 47 |
| Futures Margin Variation | 109 | 151 |
| Unrealized Gain on Foreign Currency Contracts | 5 |  |
| Prepaid Expenses and Other Assets  | 2 | 3 |
| Total Assets | 14187168 | 27119514 |
| **LIABILITIES:** |  |  |
| Payables: |  |  |
| Upon Return of Securities Loaned | 643038 | 800494 |
| Investment Securities Purchased | 13785 | 7984 |
| Due to Advisor | 2119 | 2132 |
| Unrealized Loss on Foreign Currency Contracts | 13 |  |
| Accrued Expenses and Other Liabilities | 580 | 644 |
| Total Liabilities | 659535 | 811254 |
| **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |  |
| **NET ASSETS** | $13527633 | $26308260 |
| Investment Securities at Cost | $9364773 | $17924580 |
| Foreign Currencies at Cost | $32133 | $— |

---

------

\*

See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

------

**THE DFA INVESTMENT TRUST COMPANY**

**STATEMENTS OF OPERATIONS**

**FOR THE SIX MONTHS ENDED April 30, 2025**

**(Unaudited)**

**(Amounts in thousands)**

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

---

| | | |
|:---|:---|:---|
|  | **The DFA**<br> **International**<br> **Value Series**<br>| **The U.S. Large**<br> **Cap Value**<br> **Series**<br>|
| **Investment Income** |  |  |
| Dividends (Net of Foreign Taxes Withheld of $23,326 and $2, respectively) | $249652 | $318326 |
| Dividend Income from Affiliates | 8553 | 7693 |
| Income from Securities Lending, Net | 2596 | 211 |
| Total Investment Income | 260801 | 326230 |
| **Expenses** |  |  |
| Investment Management Fees | 12580 | 13956 |
| Accounting & Transfer Agent Fees | 161 | 355 |
| Custodian Fees | 321 | 138 |
| Shareholders' Reports | 12 | 19 |
| Directors'/Trustees' Fees & Expenses | 37 | 85 |
| Professional Fees | 80 | 155 |
| Other | 103 | 180 |
| Total Expenses | 13294 | 14888 |
| Net Expenses | 13294 | 14888 |
| **Net Investment Income (Loss)** | 247507 | 311342 |
| **Realized and Unrealized Gain (Loss)** |  |  |
| Net Realized Gain (Loss) on: |  |  |
| Investment Securities Sold | 69854 | (134341)<br>|
| Affiliated Investment Companies Shares Sold | (5)<br>| (43)<br>|
| Futures | (10811)<br>| (3176)<br>|
| Foreign Currency Transactions | (2204)<br>|  |
| In-Kind Redemptions | 57127 | 1397369 |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |
| Investment Securities and Foreign Currency | 997609 | (2681811)<br>|
| Affiliated Investment Companies Shares | (51)<br>| (35)<br>|
| Futures | 3383 | 2780 |
| Translation of Foreign Currency-Denominated Amounts | 7308 |  |
| **Net Realized and Unrealized Gain (Loss)** | 1122210 | (1419257)<br>|
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | $1369717 | $(1107915)<br>|

---

See accompanying Notes to Financial Statements.

------

**THE DFA INVESTMENT TRUST COMPANY**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **The DFA International**<br> **Value Series** | **The DFA International**<br> **Value Series** | **The U.S. Large Cap Value**<br> **Series** | **The U.S. Large Cap Value**<br> **Series** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
|  | **(Unaudited)** |  | **(Unaudited)** |  |
| **Increase (Decrease) in Net Assets** |  |  |  |  |
| Operations: |  |  |  |  |
| Net Investment Income (Loss) | $247507 | $485329 | &nbsp;&nbsp; $311342 | $626482 |
| Net Realized Gain (Loss) on: |  |  |  |  |
| Investment Securities Sold | 69854 | 3034 | &nbsp;&nbsp; (134341)<br>| (240045)<br>|
| Affiliated Investment Companies Shares Sold | (5)<br>| (46)<br>| &nbsp;&nbsp; (43)<br>| (92)<br>|
| Futures | (10811)<br>| 24211 | &nbsp;&nbsp; (3176)<br>| 93061 |
| Foreign Currency Transactions | (2204)<br>| 2242 | &nbsp;&nbsp; — |  |
| In-Kind Redemptions | 57127 | 178254 | &nbsp;&nbsp; 1397369 | 4160840 |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| Investment Securities and Foreign Currency | 997609 | 1773464 | &nbsp;&nbsp; (2681811)<br>| 2588983 |
| Affiliated Investment Companies Shares | (51)<br>| 6 | &nbsp;&nbsp; (35)<br>|  |
| Futures | 3383 | 3619 | &nbsp;&nbsp; 2780 | (2188)<br>|
| Translation of Foreign Currency-Denominated Amounts | 7308 | 890 | &nbsp;&nbsp; — |  |
| Net Increase (Decrease) in Net Assets Resulting from <br> Operations<br>| 1369717 | 2471003 | &nbsp;&nbsp; (1107915)<br>| 7227041 |
| Transactions in Interest: |  |  |  |  |
| Contributions | 425597 | 574640 | &nbsp;&nbsp; 2154381 | 5352627 |
| Withdrawals | (737316)<br>| (2017781)<br>| &nbsp;&nbsp; (3244665)<br>| (8721188)<br>|
| Net Increase (Decrease) from Transactions in Interest | (311719)<br>| (1443141)<br>| &nbsp;&nbsp; (1090284)<br>| (3368561)<br>|
| Total Increase (Decrease) in Net Assets | 1057998 | 1027862 | &nbsp;&nbsp; (2198199)<br>| 3858480 |
| **Net Assets** |  |  |  |  |
| Beginning of Period | 12469635 | 11441773 | &nbsp;&nbsp; 28506459 | 24647979 |
| End of Period | $13527633 | $12469635 | &nbsp;&nbsp; $26308260 | $28506459 |

---

See accompanying Notes to Financial Statements.

------

**THE DFA INVESTMENT TRUST COMPANY**

**FINANCIAL HIGHLIGHTS**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **The DFA International Value Series** | **The DFA International Value Series** | **The DFA International Value Series** | **The DFA International Value Series** | **The DFA International Value Series** | **The DFA International Value Series** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Total Return  | 11.15<br> %(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 21.98<br> %<br>| 17.00<br> %<br>| &nbsp;&nbsp; (13.82<br> %)<br>| 51.09<br> %<br>| &nbsp;&nbsp; (18.68<br> %)<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $13527633 | &nbsp;&nbsp;&nbsp; $12469635 | &nbsp;&nbsp; $11441773 | &nbsp;&nbsp; $10527133 | &nbsp;&nbsp; $12297493 | &nbsp;&nbsp; $9481550 |
| Ratio of Expenses to Average Net Assets  | 0.21<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.22<br> %<br>| 0.21<br> %<br>| 0.21<br> %<br>| 0.22<br> %<br>| 0.21<br> %<br>|
| Ratio of Expenses to Average Net Assets <br> (Excluding Fees Paid Indirectly) <br>| 0.21<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.22<br> %<br>| 0.21<br> %<br>| 0.21<br> %<br>| 0.22<br> %<br>| 0.22<br> %<br>|
| Ratio of Net Investment Income to Average Net <br> Assets <br>| 3.93<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 3.83<br> %<br>| 4.34<br> %<br>| 4.36<br> %<br>| 3.50<br> %<br>| 2.77<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; 8<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 13<br> %<br>| &nbsp;&nbsp; 13<br> %<br>| &nbsp;&nbsp; 15<br> %<br>| &nbsp;&nbsp; 9<br> %<br>| &nbsp;&nbsp; 12<br> %<br>|

---

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**THE DFA INVESTMENT TRUST COMPANY**

**FINANCIAL HIGHLIGHTS**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **The U.S. Large Cap Value Series** | **The U.S. Large Cap Value Series** | **The U.S. Large Cap Value Series** | **The U.S. Large Cap Value Series** | **The U.S. Large Cap Value Series** | **The U.S. Large Cap Value Series** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Total Return  | &nbsp;&nbsp; (4.08<br> %)(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 30.38<br> %<br>| &nbsp;&nbsp; (0.78<br> %)<br>| &nbsp;&nbsp; (3.45<br> %)<br>| 48.85<br> %<br>| &nbsp;&nbsp; (11.42<br> %)<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $26308260 | &nbsp;&nbsp;&nbsp; $28506459 | &nbsp;&nbsp; $24647979 | &nbsp;&nbsp; $27045981 | &nbsp;&nbsp; $29820643 | &nbsp;&nbsp; $22154405 |
| Ratio of Expenses to Average Net Assets  | 0.11<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.11<br> %<br>| 0.11<br> %<br>| 0.11<br> %<br>| 0.11<br> %<br>| 0.11<br> %<br>|
| Ratio of Expenses to Average Net Assets <br> (Excluding Fees Waived, Expenses <br> Reimbursed) <br>| 0.11<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.11<br> %<br>| 0.11<br> %<br>| 0.11<br> %<br>| 0.11<br> %<br>| 0.11<br> %<br>|
| Ratio of Net Investment Income to Average <br> Net Assets <br>| 2.23<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 2.25<br> %<br>| 2.38<br> %<br>| 2.20<br> %<br>| 1.92<br> %<br>| 2.53<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; 4<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 9<br> %<br>| &nbsp;&nbsp; 13<br> %<br>| &nbsp;&nbsp; 10<br> %<br>| &nbsp;&nbsp; 10<br> %<br>| &nbsp;&nbsp; 4<br> %<br>|

---

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**THE DFA INVESTMENT TRUST COMPANY**

**NOTES TO FINANCIAL STATEMENTS**

**(Unaudited)**

**A. Organization:** 

The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940 (the "1940 Act"), The Trust consists of ten portfolios, two of which, The DFA International Value Series and The U.S. Large Cap Value Series (collectively, the "Series"), are presented in this section of the report. The remaining operational portfolios are presented in separate reports. The Series are investment companies, and accordingly, follow the accounting and reporting guidance under the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC"), Topic 946, "Financial Services-Investment Companies."

**B. Significant Accounting Policies:**

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America ("GAAP"). Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates, and those differences could be material.

1. Security Valuation: The Series use a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 1 – inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

Securities held by the Series, including over-the-counter securities, are valued at the last quoted sale price of the day. International equity securities are subject to a fair value factor, as described later in this note. Securities held by the Series that are listed on Nasdaq are valued at the Nasdaq Official Closing Price ("NOCP"). If there is no last reported sale price or NOCP for the day, the Series value the securities at the mean between the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange ("NYSE"). These securities are generally categorized as Level 1 in the hierarchy. The investment in The DFA Short Term Investment Fund (the "Short Term Series"), which is an open-end management investment company available for purchase only by the Series and affiliated funds, is categorized as Level 2 in the hierarchy.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Trustees of the Trust. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP (the "Advisor")) occur before the net asset value of the Series is calculated. When fair value pricing is used, the prices of securities used by the Series may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

------

The DFA International Value Series (the "International Series") will also apply a fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 2:00 a.m. ET), which is fourteen hours before the close of the NYSE (normally, 4:00 p.m. ET) and the time at which the net asset value of the International Series is computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the pricing of the International Series' shares at the close of the NYSE, the International Series will fair value its foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets' perceptions and trading activities on International Series' foreign investments since the last calculated closing prices of the foreign investments on their primary foreign securities markets or exchanges. For these purposes, the Advisor has determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable. Fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the International Series uses data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). When the International Series uses fair value pricing, the values assigned to the International Series' foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges. These securities are generally categorized as Level 2 in the hierarchy.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded. These valuations are generally categorized as Level 1 in the hierarchy. Over-the-counter derivative contracts, which include forward currency contracts, do not require material subjectivity as pricing inputs are observed from quoted markets and are categorized as Level 2 in the hierarchy.

A summary of the inputs used to value the Series' investments by each major security type, industry and/or country is disclosed previously in this note. Valuation hierarchy tables are included at the end of the Schedules of Investments. The methodology or inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

2. Foreign Currency Translation: Securities and other assets and liabilities of the International Series, whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate the translation, the Series enter into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked-to-market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement.

The International Series does not isolate the effect of foreign currency rate fluctuations when determining the realized gain or loss upon the sale or maturity of foreign currency-denominated debt obligations pursuant to U.S. Federal income tax regulations; such amounts are categorized as foreign exchange gain or loss for income tax reporting purposes.

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates of securities transactions, and the difference between amounts of interest, dividends and any foreign withholding taxes recorded on the books of the International Series and the U.S. dollar equivalent amounts actually received or paid.

3. Deferred Compensation Plan: Each eligible Trustee of the Trust may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (the "Plan"). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds, each of which are affiliates of the Series, and advised by the Advisor: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company Portfolio, U.S. Vector Equity Portfolio, U.S. Micro Cap Portfolio, DFA International Value Portfolio, International Core

------

Equity 2 Portfolio, Emerging Markets Portfolio, Emerging Markets Core Equity 2 Portfolio, DFA Inflation-Protected Securities Portfolio, and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors'/Trustees' Fees & Expenses.

The Trustees may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Trustee shall have the right in a notice of election (the "Notice") to defer the receipt of the Trustee's deferred compensation until a date specified by such Trustee in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Trustee ceases to be a member of the Board of Trustees of the Trust; and (ii) five years following the effective date of the Trustee's first deferral election. If a Trustee who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Trustee's deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Trustee ceases to be a member of the Board (unless the Trustee files an amended Notice selecting a different distribution date).

4. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities and foreign currency are accounted for on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimate the character of received distributions that may be considered return of capital distributions. Interest income is recorded on an accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities, using the effective interest method. Expenses directly attributable to a Series are directly charged. Common expenses of the Trust or Series are allocated using methods approved by the Board of Trustees, generally based on average net assets. The International Series may be subject to taxes imposed by countries in which it invests, with respect to its investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The International Series accrues such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental approval for the repatriation of investment income, capital or the proceeds of sales earned by foreign investors. Additionally, if there is a deterioration in a country's balance of payments or for other reasons, a country may impose temporary restrictions on foreign capital remittances abroad.

**C. Investment Advisor:**

The Advisor provides investment management services to each Series. For the six months ended April 30, 2025, the investment management fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.20% and 0.10% of the average daily net assets for The DFA International Value Series and The U.S. Large Cap Value Series, respectively.

**Fees Paid to Officers and Directors/Trustees:**

Certain Officers and Trustees of the Advisor are also Officers and Trustees of the Trust; however, such Officers and Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Trust. For the six months ended April 30, 2025, the total related amounts paid by the Trust to the CCO was $19 (in thousands). The total related amounts paid by each of the Series are included in Other Expenses on the Statements of Operations.

**D. Deferred Compensation:** 

As of April 30, 2025, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities on the Statements of Assets and Liabilities as follows (amounts in thousands):

---

| | |
|:---|:---|
| The DFA International Value Series | &nbsp;&nbsp; $168 |
| The U.S. Large Cap Value Series | &nbsp;&nbsp; 237 |

---

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

**E. Purchases and Sales of Securities:** 

For the six months ended April 30, 2025, the Series' transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. Government securities (amounts in thousands), were as follows:

---

| | | |
|:---|:---|:---|
|  | **Other Investment Securities** | **Other Investment Securities** |
|  | **Purchases**  | **Sales**  |
| The DFA International Value Series | &nbsp;&nbsp; $1028622 | &nbsp;&nbsp; $959418 |
| The U.S. Large Cap Value Series | &nbsp;&nbsp; 2447556 | &nbsp;&nbsp; 1011531 |

---

There were no purchases or sales of long-term U.S. government securities.

For the six months ended April 30, 2025, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

The amounts presented below may differ from the respective amounts presented in the corresponding Schedules of Investments, Statements of Assets and Liabilities or Statements of Operations due to rounding. The amounts are as follows (amounts in thousands):

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at**<br> **October 31, 2024**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Net Realized**<br> **Gain/(Loss)**<br> **on Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation/**<br> **Depreciation**<br>| **Balance at**<br> **April 30, 2025**<br>| **Shares as of**<br> **April 30, 2025**<br>| **Dividend**<br> **Income**<br>| **Capital Gain**<br> **Distributions**<br>|
| **The DFA International Value** <br> **Series**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term Investment <br> Fund<br>| $394864 | $2743627 | $2495385 | $(5)<br>| $(51)<br>| $643050 | 55603 | $8553 |  |
| **Total** | **$394864** | **$2743627** | **$2495385** | **$(5)**<br>| **$(51)**<br>| **$643050** |  | **$8553** | **—** |
| **The U.S. Large Cap Value** <br> **Series**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term Investment <br> Fund<br>| $232926 | $3231564 | $2663996 | $(43)<br>| $(35)<br>| $800416 | 69210 | $7693 |  |
| **Total** | **$232926** | **$3231564** | **$2663996** | **$(43)**<br>| **$(35)**<br>| **$800416** |  | **$7693** | **—** |

---

**F. Federal Income Taxes:** 

No provision for federal income taxes is required since the Series are treated as partnerships for federal income tax purposes. Any net investment income and realized and unrealized gains and losses have been deemed to have been "passed down" to their respective partners.

As of April 30, 2025, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Federal**<br> **Tax Cost**<br>| **Unrealized**<br> **Appreciation**<br>| **Unrealized**<br> **(Depreciation)**<br>| **Net**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| The DFA International Value Series | &nbsp;&nbsp; $10112316 | &nbsp;&nbsp; $4116959 | &nbsp;&nbsp; $(273449)<br>| &nbsp;&nbsp; $3843510 |
| The U.S. Large Cap Value Series | &nbsp;&nbsp; 18941688 | &nbsp;&nbsp; 8892264 | &nbsp;&nbsp; (798430)<br>| &nbsp;&nbsp; 8093834 |

---

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in the tax treatment of passive foreign investment company investments or other investments.

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ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Under GAAP, the Series recognize the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained, assuming examination by tax authorities. Management has analyzed the Series' tax positions and has concluded that no additional provision for income tax is required in the Series' financial statements. The Series are not aware of any tax positions for which it is reasonably possible than the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Series' federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

**G. Financial Instruments:**

In accordance with the Series' investment objectives and policies, the Series may invest in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit and market risk. The Series' derivative contracts are not accounted for as hedging instruments under GAAP. These instruments and their significant corresponding risks are described below:

1. Foreign Market Risks: Investments in foreign markets may involve certain considerations and risks not typically associated with investments in the United States of America, including the possibility of future political and economic developments and the level of foreign governmental supervision and regulation of foreign securities markets. These markets are generally smaller, less liquid and more volatile than the major securities markets in the United States of America. Consequently, acquisition and disposition of international securities held by the International Series may be inhibited.

**Derivative Financial Instruments:**

Summarized below are the specific types of derivative instruments used by the Series.

2. Futures Contracts: The Series may purchase or sell futures contracts and options on futures contracts for equity securities and indices to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Series. Upon entering into a futures contract, a Series deposits cash or pledges U.S. government securities to a broker in an amount equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by a Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series records a realized gain or loss, which is presented in the Statements of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

Risks may arise upon entrance into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities, from the possibility of an illiquid secondary market for these instruments and from the possibility that the Series could lose more than the initial margin requirements. The Series entering into stock index futures are subject to equity price risk from those futures contracts. Counterparty credit risk related to exchange-traded futures is minimal because the exchange's clearinghouse, as counterparty to all exchange-traded futures, guarantees the futures against default.

Securities have been segregated as collateral for open futures contracts.

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the six months ended April 30, 2025 was as follows (amounts in thousands):

---

| | |
|:---|:---|
|  | **Futures\*** |
| The DFA International Value Series | &nbsp;&nbsp; $118671 |
| The U.S. Large Cap Value Series | &nbsp;&nbsp; 205260 |

---

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

\* Average Notional Value of futures contracts.

------

The following is a summary of the Series' derivative instrument holdings categorized by primary risk exposure as of April 30, 2025 (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Asset Derivatives Value**  | **Asset Derivatives Value**  |
|  | **Total Value**<br> **at**<br> **April 30, 2025** <br>| **Equity**<br> **Contracts** <sup>(1)</sup> <br>|
| The DFA International Value Series | &nbsp;&nbsp; $2545<br>| &nbsp;&nbsp; $2545 |

---

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

---

| | | |
|:---|:---|:---|
|  | **Liability Derivatives Value**  | **Liability Derivatives Value**  |
|  | **Total Value**<br> **at**<br> **April 30, 2025** <br>| **Equity**<br> **Contracts** <sup>\*,(2)</sup> <br>|
| The U.S. Large Cap Value Series | &nbsp;&nbsp; $(1582)<br>| &nbsp;&nbsp; $(1582)<br>|

---

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

(1) Presented on Statement of Assets and Liabilities as Receivables: Futures Margin Variation.

(2) Presented on Statement of Assets and Liabilities as Payables: Futures Margin Variation. 

\* Includes cumulative appreciation (depreciation) of futures contracts. Only current day's margin variation is reported within the Statement of Assets and Liabilities. 

The following is a summary of the realized and change in unrealized gains and losses from the Series' derivative instrument holdings categorized by primary risk exposure for the six months ended April 30, 2025 (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Realized Gain (Loss) on**<br> **Derivatives**  | **Realized Gain (Loss) on**<br> **Derivatives**  |
|  | **Total**  | **Equity**<br> **Contracts** <sup>(1)</sup> <br>|
| The DFA International Value Series | &nbsp;&nbsp; $(10811)<br>| &nbsp;&nbsp; $(10811)<br>|
| The U.S. Large Cap Value Series | &nbsp;&nbsp; (3176)<br>| &nbsp;&nbsp; (3176)<br>|

---

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

---

| | | |
|:---|:---|:---|
|  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  |
|  | **Total**  | **Equity**<br> **Contracts** <sup>(2)</sup> <br>|
| The DFA International Value Series | &nbsp;&nbsp; $3383 | &nbsp;&nbsp; $3383 |
| The U.S. Large Cap Value Series | &nbsp;&nbsp; 2780 | &nbsp;&nbsp; 2780 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(1) Presented
 on Statements of Operations as Net Realized Gain (Loss) on: Futures.

&nbsp;&nbsp;&nbsp;&nbsp;(2) Presented
 on Statements of Operations as Change in Unrealized Appreciation (Depreciation) of: Futures.

**H. Line of Credit and Interfund Lending Program:**

The Trust, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 2, 2025, with its domestic custodian bank. A line of credit with similar terms was in effect through April 2, 2025. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the

------

parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 1, 2026.

The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 26, 2024. A line of credit with similar terms was in effect through December 26, 2024. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio's net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The line of credit agreement expires on December 25, 2025.

There were no borrowings by the Series under the lines of credit during the six months ended April 30, 2025.

Pursuant to an exemptive order issued by the SEC (the "Order"), the Series may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objectives and limitations. lnterfund loans have a maximum duration of seven days and may be called on one business day's notice.

The Series did not use the interfund lending program during the six months ended April 30, 2025.

**I. Affiliated Trades:**

Cross trades for the six months ended April 30, 2025, if any, were executed by the Series pursuant to procedures adopted by the Board to ensure compliance with Rule 17a-7 under the 1940 Act. Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of having a common investment advisor (or affiliated investment advisors), common Trustees and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Series complied with the Rule 17a-7 Procedures adopted by the Board.

For the six months ended April 30, 2025, cross trades by the Series under Rule 17a-7 were as follows (amounts in thousands):

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| | | | |
|:---|:---|:---|:---|
| **Series** | **Purchases** | **Sales** | **Realized Gain (Loss)** |
| The DFA International Value Series | &nbsp;&nbsp; $84706 | &nbsp;&nbsp; $56932 | &nbsp;&nbsp; $(2874)<br>|
| The U.S. Large Cap Value Series | &nbsp;&nbsp; 314397 | &nbsp;&nbsp; 283224 | &nbsp;&nbsp; (71145)<br>|

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

**J. Securities Lending:** 

As of April 30, 2025, the Series had securities on loan to brokers/dealers, for which the Series received cash collateral. The contractual maturity of cash collateral received under the securities lending agreement is classified as overnight and continuous. Additionally, the following Series received non-cash collateral consisting of short- and/or long-term U.S. Treasuries and U.S. government agency securities as follows (amount in thousands):

---

| | |
|:---|:---|
|  | **Non-Cash**<br> **Collateral**<br> **Market**<br> **Value**<br>|
| The DFA International Value Series | &nbsp;&nbsp; $55716 |

---

Each Series invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are expected at all times to be secured by collateral in an amount (i) equal to at least 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) generally equal to 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) generally equal to 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Series' collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. In the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. If the borrower fails to return loaned securities, cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities, and such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Series or, at the option of the lending agent, to replace the securities. In the event of the bankruptcy of the borrower, the Series could experience delay in recovering the loaned securities or only recover cash or a security of equivalent value.

Subject to their stated investment policies, each Series with securities on loan will generally invest the cash collateral received for the loaned securities in the Short Term Series an affiliated registered ultrashort term bond fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Short Term Series. Income received from the Short Term Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. Such Series also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, each Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or, other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible for taxation at qualified dividend income rates.

**K. Indemnitees; Contractual Obligations:**

Under the Trust's organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust.

In the normal course of business, the Trust enters into contracts that contain a variety of representations and warranties that provide general indemnification. The Trust's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Trust and/or its affiliates that have not yet occurred. However, based on experience, the Trust expects the risk of loss to be remote.

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

**L. In-Kind Redemptions:**

During the six months ended April 30, 2025, the Series realized net gains (losses) on in-kind redemptions as follows (amounts in thousands):

---

| | |
|:---|:---|
| The DFA International Value Series  | &nbsp;&nbsp; $57127 |
| The U.S. Large Cap Value Series  | &nbsp;&nbsp; 1397369 |

---

**M. Segment Reporting:**

In this reporting period, the Series adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The adoption of the new standard only impacted financial statement disclosures and did not affect each Series' financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that (i) engages in business activities from which it may recognize revenues and incur expenses, (ii) has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and (iii) has discrete financial information available. The Trust's Co-Chief Executive Officers and the Chief Financial Officer act as the Series' CODM. Each Series represents a single operating segment, as the CODM monitors the operating results of the Series as a whole. Each Series' long-term strategic asset allocation is executed by its portfolio management team and guided by each Series' investment objective and principal investment strategies, as described in each Series' respective registration statement. The financial information provided to and reviewed by the CODM is consistent with that presented in each Series' Schedule of Investments, Statement of Operations, Statement of Changes in Net Assets, and Financial Highlights.

**N. New Accounting Pronouncement:**

In December 2023, the FASB issued Accounting Standards Update 2023-09, Income Taxes (Topic 740) – Improvements to Income Tax Disclosures ("ASU 2023-09"). Effective for annual periods beginning after December 15, 2024, the amendments require greater disaggregation of disclosures related to income taxes paid. The ASU 2023-09 allows for early adoption and requires that amendments be applied on a prospective basis. Management is currently evaluating the impact of the ASU 2023-09 but does not expect the guidance to materially impact the financial statements.

**O. Other:**

The Series and the Trust are subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy. Although management currently believes that resolving claims, if any, against the Series and the Trust, individually or in aggregate, will not have a material adverse impact on the Series' and the Trust's financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management's view of these matters may change in the future.

**P. ReFlow Redemption Service:**

The Series may participate in the ReFlow liquidity program, which is designed to provide an alternative liquidity source for mutual funds experiencing net redemptions of their shares. Pursuant to the program, ReFlow Fund, LLC ("ReFlow") provides participating mutual funds with a source of cash to meet net shareholder redemptions by standing ready each business day to purchase fund shares up to the value of the net shares redeemed by other shareholders that are expected to settle that business day. A fund is not guaranteed to receive cash from ReFlow on any given day as the allocation of ReFlow's cash is based on the results of ReFlow's automated daily auction process among participating mutual funds. Following purchases of fund shares, ReFlow then generally redeems those shares when the fund experiences net shareholder purchases at the end of a maximum holding period, currently 8 days, determined by ReFlow, or at other times at ReFlow's discretion. While ReFlow holds fund shares, it will have the same rights and privileges with respect to those shares as any other shareholder.

------

For use of the ReFlow program, a fund pays a fee to ReFlow each time it purchases fund shares, calculated by applying to the purchase amount a fee rate determined through the auction process. The current minimum fee rate (which is subject to change) is 0.14% of the value of the fund shares purchased by ReFlow, although the fund may submit a bid at a higher fee rate if it determines that doing so is in the best interest of fund shareholders. ReFlow's purchases of fund shares through the liquidity program are made on an investment-blind basis without regard to the fund's objective, policies, or anticipated performance. In accordance with federal securities laws, ReFlow is prohibited from acquiring more than 3% of the outstanding voting securities of a fund. ReFlow will periodically redeem its entire share position in a feeder fund and may request that such redemption be met in kind in accordance with redemption in-kind policies described in the feeder fund's Prospectus. If a fund is part of a "master-feeder" structure, then the "feeder" fund does not generally buy individual securities directly. Instead, the feeder fund invests in a corresponding "master" fund that in turn purchases stocks and other securities. Under a master-feeder structure, ReFlow redemptions and subscriptions take place at the feeder level, where the capital commitments are pooled, and securities are redeemed at the master level, where the securities are held. As a result, realized gains or losses will be reflected in the master fund's financial statements. Purchases and redemptions of a feeder fund's shares by ReFlow under the program are not considered excessive short-term trading under the Series' Policy Regarding Excessive Short-Term Trading.

**Q. Subsequent Event Evaluations:** 

Management has evaluated the impact of all subsequent events on the Series through the date on which the financial statements were issued and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

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**Item 8 – Changes in and Disagreements with Accountants for Open-End Management Investment Companies**

Not applicable

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**Item 9 – Proxy Disclosures for Open-End Management Investment Companies**

Not applicable

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**Item 10 – Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies**

Remuneration paid to directors, officers, and others is included in the "Fees Paid to Officers and Directors/Trustees" section of the Notes to Financial Statements above.

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**Item 11 – Statement Regarding Basis for Approval of Investment Management Agreements**

At the Board meeting held on December 18-19, 2024 (the "Meeting"), the Board of Directors of Dimensional Investment Group Inc. and the Board of Trustees of The DFA Investment Trust Company (together, the "Board") considered the continuation of the investment management agreements (the "Management Agreements") for each portfolio or series (collectively, the "Funds") and the sub-advisory agreements for The DFA International Value Series. Dimensional Fund Advisors Ltd. and DFA Australia Limited serve as sub-advisors to The DFA International Value Series. (The investment management agreements and the sub-advisory agreements are referred to as the "Management Agreements," and the Advisor and sub-advisors are referred to as the "Advisor.").

Prior to the Meeting, independent counsel to the Independent Board Members sent to the Advisor a request for information, which identified the information that the Independent Board Members wished to receive in order to consider the continuation of the Management Agreements. At a Board meeting held on November 1, 2024, the Board discussed the materials provided by the Advisor, the independent reports prepared by Broadridge Financial Solutions (the "Broadridge Reports"), and issues related to the continuation of the Management Agreements. Also in advance of the Meeting, the Independent Board Members met with their independent counsel to discuss the materials and management provided additional materials to address and respond to questions that the Independent Board Members posed after their review and analysis of materials provided by the Advisor and the Broadridge Reports.

At the Meeting, the Board considered a number of factors when considering the continuation of each Management Agreement for a Fund, including: (i) the nature, extent and quality of services provided by the Advisor to each Fund; (ii) the performance of each Fund and the Advisor; (iii) the fees and expenses borne by each Fund; (iv) the profitability realized by the Advisor from the relationship with each Fund; and (v) whether economies of scale are realized by the Advisor with respect to each Fund as it grows larger, and the extent to which this is reflected in the level of the management fee charged.

When considering the nature and quality of the services provided by the Advisor to a Fund, the Board reviewed: (a) the scope and depth of the Advisor's organization; (b) the experience and expertise of its investment professionals currently providing management services to the Fund; and (c) the Advisor's global investment advisory capabilities. The Board evaluated the Advisor's portfolio management process and discussed the unique features of the Advisor's investment approach. The Board also considered the nature and character of non-investment advisory services provided by the Advisor, including administrative services. After analyzing the caliber of services provided by the Advisor to each Fund, both quantitatively and qualitatively, including the impact of these services on investment performance, the Board concluded that the nature, extent and quality of services provided to each Fund were consistent with the operational requirements of the Fund and met the needs of the shareholders of the Fund.

In considering the performance of each Fund, the Board analyzed the Broadridge Reports, which compared the performance of each Fund with other funds in its respective peer group and investment category. The Board also reviewed the performance analysis prepared by the Advisor, which presented the performance of each Fund and its benchmark index, over multiple performance periods, along with the Advisor's explanation of the performance. The Board noted that the Advisor reported that each Fund had performed in accordance with relevant markets and the Advisor's expectations. The Board concluded that the Advisor's explanations provided a sound basis for understanding the comparative performance of the Funds. The Board determined, among other things, that after considering each Fund's investment strategies and the expectations of its shareholder base, the performance of each Fund was reasonable as compared with relevant performance standards and appropriate market indexes.

When considering the fees and expenses borne by each Fund, and considering the reasonableness of the management fees paid to the Advisor in light of the services provided to the Fund and any additional benefits received by the Advisor in connection with providing such services, the Board compared the fees charged by the Advisor to the Fund to the fees charged to the funds in its peer group for comparable services as provided in the Broadridge

------

**Item 11 – Statement Regarding Basis for Approval of Investment Management Agreements**

**CONTINUED**

Reports. The Board concluded that the effective management fees and total expenses of each Fund over various periods were favorable in relation to those of its peer funds, and that the management fees were fair, both on an absolute basis and in comparison with the fees of other funds identified in the peer groups and the industry at large.

The Board considered the profitability of each Fund to the Advisor by reviewing the profitability analysis provided by the Advisor, including information about its fee revenues and income. The Board reviewed the overall profitability of the Advisor, and the compensation that it received for providing services to each Fund. The Board considered the profitability to the Advisor of managing and servicing the Funds and the Advisor's unregistered clients, such as collective trusts, group trusts and separate accounts. Upon closely examining the Advisor's profitability, the Board concluded, among other things, that it was reasonable and similar to the profitability reported in previous years.

The Board also discussed whether economies of scale are realized by the Advisor with respect to each Fund as it grows larger, and the extent to which this is reflected in the level of management fees charged. For several reasons, the Board concluded that economies of scale and the reflection of such economies of scale in the level of management fees charged were not particularly meaningful to each Fund at the present time, due to the current level of fees and expenses and the profitability of the Fund.

After full consideration of the factors discussed above, with no single factor identified as being of paramount importance, the Board, including the Independent Board Members, with the assistance of independent counsel, concluded that the continuation of the Management Agreement for each Fund was in the best interests of the Fund and its shareholders.

------

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

------

DFA-043025-008S

------

Semi-Annual Financial Statements &

Other Information

**Six Months Ended: April 30, 2025 (Unaudited)**

------

DIMENSIONAL INVESTMENT GROUP INC./THE DFA INVESTMENT TRUST COMPANY

------

**Dimensional Investment Group Inc.**

------

**Emerging Markets Portfolio II**

**The DFA Investment Trust Company**

------

**The Emerging Markets Series**

------

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

------

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

[THIS PAGE INTENTIONALLY LEFT BLANK]

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**THE DFA INVESTMENT TRUST COMPANY**

**SEMI-ANNUAL FINANCIAL STATEMENTS AND OTHER INFORMATION**

**(Unaudited)**

**Table of Contents** 

---

| | |
|:---|:---|
|  | **Page** |
| **[Item 7 –](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_FC-FrontCoverImage-718_1)[Financial Statements and Financial Highlights for Open-End Management Investment](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_FC-FrontCoverImage-718_1)**<br> **[Companies](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_FC-FrontCoverImage-718_1)**<br>|  |
| **[Definitions of Abbreviations and Footnotes](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_AF-TOC-AbbreviationsandFootnotes-665_1)** | 1 |
| **[Dimensional Investment Group Inc.](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_1SOI-G1_TOC-ScheduleofInvestments-718_1)** |  |
| [Schedule of Investments](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_1SOI-G1_TOC-ScheduleofInvestments-718_1) |  |
| [Emerging Markets Portfolio II](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_1SOI-G1_TOC-ScheduleofInvestments-718_1) | 2 |
| [Statement of Assets and Liabilities](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_1FS-G1_StatementofAssetsandLiabilities_1) | 3 |
| [Statement of Operations](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_SOP-G1_StatementofOperations_1) | 4 |
| [Statements of Changes in Net Assets](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_SOC-G1_StatementofChanges_1) | 5 |
| [Financial Highlights](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_1FIHI-G1_TOC-FinancialHighlights-718_1) | 6 |
| [Notes to Financial Statements](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_1NTF-G1_NotestoFinancialStatements-718_1) | 7 |
| **[The DFA Investment Trust Company](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_2SOI-G2_TOC-ScheduleofInvestments-665_1)** |  |
| [Schedule of Investments](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_2SOI-G2_TOC-ScheduleofInvestments-665_1) |  |
| [The Emerging Markets Series](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_2SOI-G2_TOC-ScheduleofInvestments-665_1) | 12 |
| [Statement of Assets and Liabilities](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_2FS-G2_StatementofAssetsandLiabilities_1) | 61 |
| [Statement of Operations](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_G2_SOP-G2_StatementofOperations_1) | 62 |
| [Statements of Changes in Net Assets](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_G2_SOC-G2_StatementofChanges_1) | 63 |
| [Financial Highlights](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_2FIHI-G2_TOC-FinancialHighlights-665_1) | 64 |
| [Notes to Financial Statements](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_2NTF-G2_NotestoFinancialStatements-665_1) | 65 |
| **[Item 8 –](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_DISCLOSE-ChangesandDisagreements_1)[Changes in and Disagreements with Accountants for Open-End Management Investment](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_DISCLOSE-ChangesandDisagreements_1)**<br> **[Companies](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_DISCLOSE-ChangesandDisagreements_1)**<br>| 74 |
| **[Item 9 –](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_DISCLOSE-ChangesandDisagreements_2)[Proxy Disclosures for Open-End Management Investment Companies](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_DISCLOSE-ChangesandDisagreements_2)** | 75 |
| **[Item 10 –](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_DISCLOSE-ChangesandDisagreements_3)[Remuneration Paid to Directors, Officers, and Others of Open-End Management](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_DISCLOSE-ChangesandDisagreements_3)**<br> **[Investment Companies](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_DISCLOSE-ChangesandDisagreements_3)**<br>| 76 |
| **[Item 11 –](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_DISCLOSE-ChangesandDisagreements_4)[Statement Regarding Basis for Approval of Investment Management Agreements](#xx_290660e9-fbea-4396-944d-d01f72cd5dc1_DISCLOSE-ChangesandDisagreements_4)** | 77 |

---

i

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**THE DFA INVESTMENT TRUST COMPANY**

**DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES**

**<u>Schedule</u> <u>of Investments</u>** 

Investment Abbreviations <br> ADR American Depositary Receipt <br> GDR Global Depositary Receipt

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

---

| | |
|:---|:---|
| Investment Footnotes | Investment Footnotes |
| † | See Note B to Financial Statements. |
| » | Securities that have been fair value factored. See Note B to Financial Statements. |
| # | Total or Partial Securities on Loan. |
| \* | Non-Income Producing Securities. |
| Ω | &nbsp;&nbsp; Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional <br> investors. This security has been deemed liquid based upon the Fund's Liquidity <br> Guidelines. The liquidity determination is unaudited.<br>|
| †† | Security valued using significant unobservable inputs (Level 3). |
| @ | Security purchased with cash collateral received from Securities on Loan. |
| § | Affiliated Fund. |

---

**<u>Financial Highlights</u>** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) Computed
 using average shares outstanding.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) Non-Annualized

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) Represents
 the combined ratios for the Portfolio and its respective pro-rata share of its Master
 Fund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(D) Annualized

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

---

| | |
|:---|:---|
| **All Statements, Schedules and Notes to Financial Statements** | **All Statements, Schedules and Notes to Financial Statements** |
|  | Amounts designated as — are either zero or rounded to zero. |
| SEC | Securities and Exchange Commission |

---

------

**Emerging Markets Portfolio II**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)** 

---

| | |
|:---|:---|
|  | **Value†** |
| AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) |
| The Emerging Markets Series | $56891778 |
| TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES | $56891778 |

---

Summary of the Portfolio's Master Fund's investments as of April 30, 2025, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**STATEMENT OF ASSETS AND LIABILITIES**

**April 30, 2025**

**(Unaudited)**

**(Amounts in thousands, except share and per share amounts)**

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

---

| | |
|:---|:---|
|  | **Emerging**<br> **Markets**<br> **Portfolio II**<br>|
| **ASSETS:** |  |
| Investment in Affiliated Investment Company at Value | $56892 |
| Prepaid Expenses and Other Assets  | 7 |
| Total Assets | 56899 |
| **LIABILITIES:** |  |
| Payables: |  |
| Fund Shares Redeemed | 254 |
| Due to Advisor | 6 |
| Accrued Expenses and Other Liabilities | 7 |
| Total Liabilities | 267 |
| **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |
| **NET ASSETS** | $56632 |
| SHARES OUTSTANDING, $0.01 PAR VALUE (1) | 3063930 |
| **NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE** | **$18.48** |
| **NET ASSETS CONSIST OF:** |  |
| Paid-In Capital | $5039 |
| Total Distributable Earnings (Loss) | 51593 |
| **NET ASSETS** | $56632 |
| (1) NUMBER OF SHARES AUTHORIZED | 300000000 |

---

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**STATEMENT OF OPERATIONS**

**FOR THE SIX MONTHS ENDED April 30, 2025**

**(Unaudited)**

**(Amounts in thousands)**

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

---

| | |
|:---|:---|
|  | **Emerging**<br> **Markets**<br> **Portfolio II**<br>|
| **Investment Income** |  |
| Net Investment Income Allocated from Affiliated Investment Companies: |  |
| Dividends (Net of Foreign Taxes Withheld of $78) | $669 |
| Interest | 9 |
| Income from Securities Lending, Net | 21 |
| Expenses Allocated from Affiliated Investment Companies | (42)<br>|
| Total Net Investment Income Allocated from Affiliated Investment Companies | 657 |
| **Fund Expenses** |  |
| Investment Management Fees | 70 |
| Accounting & Transfer Agent Fees | 2 |
| Filing Fees | 11 |
| Shareholders' Reports | 2 |
| Other | 2 |
| Total Fund Expenses | 87 |
| Fees Waived, Expenses Reimbursed by Advisor (Note C) | 28 |
| Net Expenses | 59 |
| **Net Investment Income (Loss)** | 598 |
| **Realized and Unrealized Gain (Loss)** |  |
| Net Realized Gain (Loss) on: |  |
| Transactions Allocated from Affiliated Investment Company | (352 )<sup>1</sup><br>|
| Change in Unrealized Appreciation (Depreciation) of: |  |
| Transactions Allocated from Affiliated Investment Company | (87 )<sup>2</sup><br>|
| **Net Realized and Unrealized Gain (Loss)** | (439)<br>|
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | $159 |
| <sup>1</sup>Net of foreign capital gain taxes withheld of: | $43 |
| <sup>2</sup>Including foreign capital gain taxes of: | $109 |

---

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

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

---

| | | |
|:---|:---|:---|
|  | **Emerging Markets Portfolio II** | **Emerging Markets Portfolio II** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
|  | **(Unaudited)** |  |
| **Increase (Decrease) in Net Assets** |  |  |
| Operations: |  |  |
| Net Investment Income Allocated from Affiliated Investment Company | $598 | $1458 |
| Net Realized Gain (Loss) on: |  |  |
| Transactions Allocated from Affiliated Investment Company | (352)<br>| (256)<br>|
| Change in Unrealized Appreciation (Depreciation) of: |  |  |
| Transactions Allocated from Affiliated Investment Company | (87)<br>| 10487 |
| Net Increase (Decrease) in Net Assets Resulting from Operations | 159 | 11689 |
| Distributions: |  |  |
| Institutional Class Shares | (1885)<br>| (2075)<br>|
| Capital Share Transactions (1): |  |  |
| Shares Issued | 9580 | 6235 |
| Shares Issued in Lieu of Cash Distributions | 1885 | 2075 |
| Shares Redeemed | (11857)<br>| (9712)<br>|
| Net Increase (Decrease) from Capital Share Transactions | (392)<br>| (1402)<br>|
| Total Increase (Decrease) in Net Assets | (2118)<br>| 8212 |
| **Net Assets** |  |  |
| Beginning of Period | 58750 | 50538 |
| End of Period | $56632 | $58750 |
| **(1) Shares Issued and Redeemed:** |  |  |
| Shares Issued | 526 | 350 |
| Shares Issued in Lieu of Cash Distributions | 102 | 125 |
| Shares Redeemed  | (645)<br>| (539)<br>|
| Net Increase (Decrease) from Shares Issued and Redeemed | (17)<br>| (64)<br>|

---

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Emerging Markets Portfolio II** | **Emerging Markets Portfolio II** | **Emerging Markets Portfolio II** | **Emerging Markets Portfolio II** | **Emerging Markets Portfolio II** | **Emerging Markets Portfolio II** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | &nbsp;&nbsp; $19.08 | &nbsp;&nbsp;&nbsp; $16.08 | &nbsp;&nbsp; $15.52 | &nbsp;&nbsp; $25.06 | &nbsp;&nbsp; $23.02 | &nbsp;&nbsp; $25.30 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.20 | &nbsp;&nbsp;&nbsp;&nbsp;0.46 | 0.53 | 0.60 | 0.58 | 0.47 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | &nbsp;&nbsp; (0.17)<br>| &nbsp;&nbsp;&nbsp;&nbsp;3.20 | 1.51 | &nbsp;&nbsp; (6.11)<br>| 4.33 | 0.23 |
| Total from Investment Operations  | 0.03 | &nbsp;&nbsp;&nbsp;&nbsp;3.66 | 2.04 | &nbsp;&nbsp; (5.51)<br>| 4.91 | 0.70 |
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | &nbsp;&nbsp; (0.63)<br>| &nbsp;&nbsp;&nbsp; (0.66)<br>| &nbsp;&nbsp; (0.70)<br>| &nbsp;&nbsp; (0.70)<br>| &nbsp;&nbsp; (0.45)<br>| &nbsp;&nbsp; (0.98)<br>|
| Net Realized Gains  | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; (0.78)<br>| &nbsp;&nbsp; (3.33)<br>| &nbsp;&nbsp; (2.42)<br>| &nbsp;&nbsp; (2.00)<br>|
| Total Distributions  | &nbsp;&nbsp; (0.63)<br>| &nbsp;&nbsp;&nbsp; (0.66)<br>| &nbsp;&nbsp; (1.48)<br>| &nbsp;&nbsp; (4.03)<br>| &nbsp;&nbsp; (2.87)<br>| &nbsp;&nbsp; (2.98)<br>|
| Net Asset Value, End of Period | &nbsp;&nbsp; $18.48 | &nbsp;&nbsp;&nbsp; $19.08 | &nbsp;&nbsp; $16.08 | &nbsp;&nbsp; $15.52 | &nbsp;&nbsp; $25.06 | &nbsp;&nbsp; $23.02 |
| Total Return  | 0.14<br> %(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 23.42<br> %<br>| 13.08<br> %<br>| &nbsp;&nbsp; (25.97<br> %)<br>| 21.99<br> %<br>| 2.45<br> %<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $56632 | &nbsp;&nbsp;&nbsp; $58750 | &nbsp;&nbsp; $50538 | &nbsp;&nbsp; $49921 | &nbsp;&nbsp; $80574 | &nbsp;&nbsp; $66759 |
| Ratio of Expenses to Average Net Assets (C) | 0.36<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.37<br> %<br>| 0.34<br> %<br>| 0.37<br> %<br>| 0.34<br> %<br>| 0.36<br> %<br>|
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, <br> Expenses Reimbursed by Advisor) (C)<br>| 0.46<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.47<br> %<br>| 0.44<br> %<br>| 0.47<br> %<br>| 0.44<br> %<br>| 0.46<br> %<br>|
| Ratio of Net Investment Income to Average Net Assets  | 2.14<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 2.54<br> %<br>| 3.13<br> %<br>| 3.05<br> %<br>| 2.28<br> %<br>| 2.12<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; N/A | &nbsp;&nbsp;&nbsp; N/A | &nbsp;&nbsp; N/A | &nbsp;&nbsp; N/A | &nbsp;&nbsp; N/A | &nbsp;&nbsp; N/A |

---

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**NOTES TO FINANCIAL STATEMENTS**

**(Unaudited)**

**A. Organization:** 

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940 (the "1940 Act"), whose shares are offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of ten portfolios, one of which, Emerging Markets Portfolio II (the "Portfolio"), is presented in this report. The remaining portfolios are presented in separate reports. The Portfolio is an investment company, and accordingly, follows the accounting and reporting guidance under the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC"), Topic 946, "Financial Services-Investment Companies."

The Portfolio invests substantially all of its assets in The Emerging Markets Series (the "Series"), a corresponding series of The DFA Investment Trust Company. As of April 30, 2025, the Portfolio owned 1% of the total outstanding shares of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

**B. Significant Accounting Policies:**

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America ("GAAP"). Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates, and those differences could be material.

1. Security Valuation: The Portfolio uses a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 1 – inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

Shares held by the Portfolio in other investment companies (such as the Series) are valued at its daily net asset value as reported by its administrator. The Portfolio's investments reflect its proportionate interest in the net assets of the Series. These valuations are classified as Level 1 in the hierarchy.

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

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds, each of which are affiliates of the Portfolio, and advised by Dimensional Fund Advisors LP (the "Advisor"): the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company Portfolio, U.S. Vector Equity Portfolio, U.S. Micro Cap Portfolio, DFA International Value Portfolio, International Core Equity 2 Portfolio, Emerging Markets Portfolio, Emerging

------

Markets Core Equity 2 Portfolio, DFA Inflation-Protected Securities Portfolio, and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors'/Trustees' Fees & Expenses.

The Directors may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Director shall have the right in a notice of election (the "Notice") to defer the receipt of the Director's deferred compensation until a date specified by such Director in the Notice, which date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board; and (ii) five years following the effective date of the Director's first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director's deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board (unless the Director files an amended Notice selecting a different distribution date).

3. Other: The Portfolio recognizes its pro-rata share, on a daily basis, of net investment income and realized and unrealized gains and losses of investment securities and foreign currency from the Series, which is treated as a partnership for federal income tax purposes. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund or the Portfolio are allocated using methods approved by the Board, generally based on average net assets.

**C. Investment Advisor:**

The Advisor provides investment management services to the Portfolio.

For the six months ended April 30, 2025 the Portfolio's investment management fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.25% of the Portfolio's average daily net assets. Pursuant to an Amended and Restated Fee Waiver Agreement (the "Fee Waiver Agreement"), the Advisor has contractually agreed to permanently waive all or a portion of the management fee of the Portfolio to the extent necessary to limit the total management fees paid to the Advisor by the Portfolio, including the proportionate share of the management fees the Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment of securities lending cash collateral in The DFA Short Term Investment Fund to the rate listed below as a percentage of the average net assets of a class of the Portfolio on an annualized basis. The Fee Waiver Agreement will remain in effect permanently, unless terminated by the Fund.

During the six months ended April 30, 2025, the Portfolio had a total management fee limit based on a percentage of its average net assets on an annualized basis and waived fees (amount in thousands) as reflected below.

---

| | | |
|:---|:---|:---|
| **Institutional Class Shares** | **Total**<br> **Management**<br> **Fee Limit**<br>| **Waived**<br> **Fees**<br>|
| Emerging Markets Portfolio II | 0.25<br> %<br>| $28 |

---

**Fees Paid to Officers and Directors/Trustees:**

Certain Officers and Directors of the Advisor are also Officers and Directors of the Fund; however, such Officers and Directors (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the six months ended April 30, 2025, the total related amount paid by the Fund to the CCO was $11 (in thousands). The total related amount paid by the Portfolio is included in Other Expenses on the Statement of Operations.

------

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

**D. Deferred Compensation:** 

As of April 30, 2025, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities as follows (amount in thousands):

---

| | |
|:---|:---|
| Emerging Markets Portfolio II | &nbsp;&nbsp; $3 |

---

**E. Federal Income Taxes:** 

The Portfolio has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to shareholders. Accordingly, no provision has been made for federal income taxes.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under GAAP. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings, undistributed net investment income, accumulated net realized gains or losses, or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2024, can occur as a result of realized gains on securities considered to be "passive foreign investment companies," non-deductible expenses, realized foreign capital gains tax, net foreign currency gains/losses, distributions received from real estate investment trusts and distribution redesignations, and were reclassified to the accounts mentioned above. These reclassifications had no effect on net assets or net asset value per share.

The tax character of dividends and distributions declared and paid during the years ended October 31, 2023, and October 31, 2024, were as follows (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Long-Term**<br> **Capital Gains**<br>| **Total** |
| Emerging Markets Portfolio II |  |  |  |
| 2023 | &nbsp;&nbsp; $2211 | &nbsp;&nbsp; $2495 | &nbsp;&nbsp; $4706 |
| 2024 | &nbsp;&nbsp; 2075 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2075 |

---

As of October 31, 2024, the Portfolio did not have any net investment income and short-term capital gains and long-term capital gains distributions designated for federal income tax purposes due to the use of accumulated earnings and profits distributed to shareholders upon redemption of shares.

As of October 31, 2024, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Undistributed**<br> **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Undistributed**<br> **Long-Term**<br> **Capital Gains**<br>| **Capital Loss**<br> **Carryforwards**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Total Net**<br> **Distributable**<br> **Earnings**<br> **(Accumulated**<br> **Losses)**<br>|
| Emerging Markets Portfolio II | &nbsp;&nbsp; $1689 | &nbsp;&nbsp; — | &nbsp;&nbsp; $(418)<br>| &nbsp;&nbsp; $52053 | &nbsp;&nbsp; $53324 |

---

------

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2024, the Portfolio had the following capital loss carryforwards available to offset future realized capital gains with no expiration date (amount in thousands):

---

| | |
|:---|:---|
|  | **Total** |
| Emerging Markets Portfolio II | &nbsp;&nbsp; $418 |

---

During the year ended October 31, 2024, the Portfolio did not use capital loss carryforwards to offset realized capital gains for federal income tax purposes.

As of April 30, 2025, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Federal**<br> **Tax Cost**<br>| **Unrealized**<br> **Appreciation**<br>| **Unrealized**<br> **(Depreciation)**<br>| **Net**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| Emerging Markets Portfolio II | &nbsp;&nbsp; $2629 | &nbsp;&nbsp; $55887 | &nbsp;&nbsp; — | &nbsp;&nbsp; $55887 |

---

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in the tax treatment of passive foreign investment company investments or other investments.

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Under GAAP, the Portfolio recognizes the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained, assuming examination by tax authorities. Management has analyzed the Portfolio's tax positions and has concluded that no additional provision for income tax is required in the Portfolio's financial statements. The Portfolio is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolio's federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

**F. Line of Credit:**

The Fund, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 2, 2025, with its domestic custodian bank. A line of credit with similar terms was in effect through April 2, 2025. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 1, 2026.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 26, 2024. A line of credit with similar terms was in effect through December 26, 2024. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio's net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The line of credit agreement expires on December 25, 2025.

------

There were no borrowings by the Portfolio under the lines of credit during the six months ended April 30, 2025.

**G. Indemnitees; Contractual Obligations:**

Under the Fund's organizational documents, its Officers and Directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

In the normal course of business, the Fund enters into contracts that contain a variety of representations and warranties that provide general indemnification. The Fund's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Fund and/or its affiliates that have not yet occurred. However, based on experience, the Fund expects the risk of loss to be remote.

**H. Segment Reporting:**

In this reporting period, the Portfolio adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The adoption of the new standard only impacted financial statement disclosures and did not affect the Portfolio's financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that (i) engages in business activities from which it may recognize revenues and incur expenses, (ii) has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and (iii) has discrete financial information available. The Fund's Co-Chief Executive Officers and the Chief Financial Officer act as the Portfolio's CODM. The Portfolio represents a single operating segment, as the CODM monitors the operating results of the Portfolio as a whole. The Portfolio's long-term strategic asset allocation is executed by its portfolio management team and guided by the Portfolio's investment objective and principal investment strategies, as described in the Portfolio's respective prospectus. The financial information provided to and reviewed by the CODM is consistent with that presented in the Portfolio's Schedule of Investments, Statement of Operations, Statement of Changes in Net Assets, and Financial Highlights.

**I. New Accounting Pronouncement:**

In December 2023, the FASB issued Accounting Standards Update 2023-09, Income Taxes (Topic 740) – Improvements to Income Tax Disclosures ("ASU 2023-09"). Effective for annual periods beginning after December 15, 2024, the amendments require greater disaggregation of disclosures related to income taxes paid. The ASU 2023-09 allows for early adoption and requires that amendments be applied on a prospective basis. Management is currently evaluating the impact of the ASU 2023-09 but does not expect the guidance to materially impact the financial statements.

**J. Other:**

As of April 30, 2025, one shareholder held 100% of the outstanding shares of the Portfolio. The one shareholder is an omnibus account, which typically holds shares for the benefit of several other underlying investors.

The Portfolio is subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy). Although management currently believes that resolving claims, if any, against the Portfolio, individually or in aggregate, will not have a material adverse impact on the Portfolio's financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management's view of these matters may change in the future.

**K. Subsequent Event Evaluations:** 

Management has evaluated the impact of all subsequent events on the Portfolio through the date on which the financial statements were issued and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

------

**The Emerging Markets Series**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)**

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (97.2%) | COMMON STOCKS — (97.2%) | COMMON STOCKS — (97.2%) | COMMON STOCKS — (97.2%) |
| BELGIUM — (0.0%) | BELGIUM — (0.0%) | BELGIUM — (0.0%) | BELGIUM — (0.0%) |
|  | Titan Cement <br> International SA <br> (TITC GA)<br>| 39989 | $1856400 |
| BRAZIL — (2.9%) | BRAZIL — (2.9%) | BRAZIL — (2.9%) | BRAZIL — (2.9%) |
| # | Ambev SA (ABEV US), <br> ADR<br>| 1643290 | 4157524 |
| \* | Ambipar Participacoes <br> e Empreendimentos <br> SA<br>| 23763 | 510839 |
|  | B3 SA - Brasil Bolsa <br> Balcao<br>| 2119671 | 5038521 |
|  | Banco Bradesco SA <br> (BBDC3 BZ)<br>| 396506 | 854474 |
|  | Banco BTG Pactual <br> SA<br>| 360539 | 2421106 |
|  | Banco do Brasil SA | 851509 | 4340706 |
|  | Banco Santander <br> Brasil SA<br>| 538221 | 2799624 |
|  | BB Seguridade <br> Participacoes SA<br>| 482026 | 3632724 |
|  | BRF SA | 446400 | 1785553 |
|  | Caixa Seguridade <br> Participacoes SA<br>| 237795 | 685502 |
|  | CCR SA | 794987 | 1884104 |
|  | Centrais Eletricas <br> Brasileiras SA<br>| 644177 | 4988693 |
| \* | Cia de Saneamento <br> Basico do Estado de <br> Sao Paulo SABESP <br> (SBS US), ADR<br>| 131581 | 2675042 |
|  | Cia de Saneamento <br> Basico do Estado de <br> Sao Paulo SABESP <br> (SBSP3 BZ)<br>| 223400 | 4483234 |
|  | Cia Energetica de <br> Minas Gerais <br> (CMIG3 BZ)<br>| 325604 | 874374 |
|  | Cia Paranaense de <br> Energia - Copel<br>| 638097 | 1173842 |
| # | Cia Paranaense de <br> Energia - Copel, <br> Sponsored ADR<br>| 17400 | 141114 |
|  | Cia Paranaense de <br> Energia - Copel, <br> ADR<br>| 4349 | 32139 |
|  | CPFL Energia SA | 173333 | 1166416 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
| \* | Embraer SA (EMBR3 <br> BZ)<br>| 148600 | $1699887 |
| \* | Embraer SA (ERJ US), <br> Sponsored ADR<br>| 92800 | 4263232 |
|  | Energisa SA | 302121 | 2445651 |
| \* | Eneva SA | 594511 | 1415265 |
|  | Engie Brasil Energia <br> SA<br>| 195576 | 1432578 |
|  | Equatorial Energia SA | 873086 | 5662986 |
|  | Gerdau SA, Sponsored <br> ADR<br>| 391948 | 1022984 |
|  | Grupo Mateus SA | 55200 | 74895 |
| \*Ω | Hapvida Participacoes <br> e Investimentos SA<br>| 2457562 | 1004651 |
|  | JBS SA | 648975 | 5040716 |
|  | Klabin SA | 989280 | 3230110 |
|  | Localiza Rent a Car <br> SA<br>| 339528 | 2570174 |
|  | Marfrig Global Foods <br> SA<br>| 37800 | 143070 |
|  | Neoenergia SA | 217042 | 875794 |
|  | Petroleo Brasileiro SA <br> (PBR US), <br> Sponsored ADR<br>| 142561 | 1609514 |
|  | Petroleo Brasileiro SA <br> (PBRA US), <br> Sponsored ADR<br>| 249953 | 2639504 |
|  | Petroleo Brasileiro SA <br> (PETR3 BZ)<br>| 2899815 | 16376496 |
|  | Porto Seguro SA | 177474 | 1375661 |
| \* | PRIO SA | 777921 | 4620797 |
|  | Raia Drogasil SA | 916409 | 3203713 |
| Ω | Rede D'Or Sao Luiz <br> SA<br>| 202956 | 1145106 |
|  | Rumo SA | 608712 | 2080828 |
|  | Suzano SA (SUZB3 <br> BZ)<br>| 690286 | 6091385 |
|  | Telefonica Brasil SA <br> (VIVT3 BZ)<br>| 516126 | 2527359 |
|  | TIM SA | 694639 | 2319482 |
|  | TOTVS SA | 247744 | 1642270 |
|  | Ultrapar Participacoes <br> SA (UGPA3 BZ)<br>| 653353 | 2052683 |
|  | Vale SA (VALE US), <br> Sponsored ADR<br>| 537781 | 5006736 |
|  | Vale SA (VALE3 BZ) | 2224528 | 20719898 |
|  | Vibra Energia SA | 1023887 | 3391818 |
|  | WEG SA | 626011 | 4924122 |
| TOTAL BRAZIL | TOTAL BRAZIL |  | 156254896 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHILE — (0.5%) | CHILE — (0.5%) | CHILE — (0.5%) | CHILE — (0.5%) |
|  | Banco de Chile (BCH <br> US), ADR<br>| 133509 | $3941194 |
|  | Banco de Credito e <br> Inversiones SA<br>| 58492 | 2316478 |
| # | Banco Santander Chile <br> (BSAC US), ADR<br>| 77553 | 1868252 |
|  | Banco Santander Chile <br> (BSAN CI)<br>| 814688 | 49257 |
|  | Cencosud SA | 1248011 | 4270354 |
|  | Cencosud Shopping <br> SA<br>| 415840 | 878328 |
|  | Cia Cervecerias <br> Unidas SA (CCU <br> CI)<br>| 14659 | 112548 |
|  | Cia Sud Americana de <br> Vapores SA<br>| 4637537 | 256147 |
|  | Colbun SA | 1131334 | 176817 |
|  | Embotelladora Andina <br> SA, ADR, Class B<br>| 5680 | 147112 |
|  | Empresas CMPC SA | 1074288 | 1684797 |
|  | Empresas Copec SA | 303138 | 2080914 |
|  | Enel Americas SA <br> (ENELAM CI)<br>| 6890001 | 676565 |
|  | Enel Chile SA <br> (ENELCHIL CI)<br>| 21696351 | 1535189 |
|  | Falabella SA | 348921 | 1584367 |
|  | Latam Airlines Group <br> SA<br>| 70535429 | 1113651 |
| # | Latam Airlines Group <br> SA, ADR<br>| 19271 | 606073 |
|  | Plaza SA | 436470 | 1025616 |
| # | Sociedad Quimica y <br> Minera de Chile SA, <br> Sponsored ADR<br>| 76079 | 2601902 |
| TOTAL CHILE | TOTAL CHILE |  | 26925561 |
| CHINA — (24.9%) | CHINA — (24.9%) | CHINA — (24.9%) | CHINA — (24.9%) |
|  | 360 Security <br> Technology, Inc., <br> Class A<br>| 89600 | 126382 |
|  | 37 Interactive <br> Entertainment <br> Network Technology <br> Group Co. Ltd., <br> Class A<br>| 140663 | 293926 |
|  | Accelink Technologies <br> Co. Ltd., Class A<br>| 36900 | 219366 |
| \* | ADAMA Ltd., Class A | 40900 | 34880 |
| \* | Addsino Co. Ltd., <br> Class A<br>| 68000 | 63949 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Advanced <br> Micro-Fabrication <br> Equipment, Inc. <br> China, Class A<br>| 3354 | $87061 |
|  | Advanced Technology <br> & Materials Co. Ltd., <br> Class A<br>| 33000 | 50899 |
|  | AECC Aero-Engine <br> Control Co. Ltd., <br> Class A<br>| 74457 | 183500 |
|  | AECC Aviation Power <br> Co. Ltd., Class A<br>| 79700 | 360452 |
|  | Aerospace Intelligent <br> Manufacturing <br> Technology Co. Ltd., <br> Class A<br>| 54800 | 129512 |
|  | Agricultural Bank of <br> China Ltd., Class H<br>| 13429000 | 8194599 |
|  | Aier Eye Hospital <br> Group Co. Ltd., <br> Class A<br>| 210881 | 377244 |
| #\* | Air China Ltd., <br> Class H<br>| 1822000 | 1085464 |
|  | Aisino Corp., Class A | 136900 | 155108 |
| \*Ω | Akeso, Inc. | 230000 | 2550360 |
|  | Alibaba Group Holding <br> Ltd. (9988 HK)<br>| 4164000 | 62168631 |
| # | Alibaba Group Holding <br> Ltd. (BABA US), <br> Sponsored ADR<br>| 479383 | 57252712 |
| #\* | Alibaba Health <br> Information <br> Technology Ltd.<br>| 2812000 | 1819132 |
|  | All Winner Technology <br> Co. Ltd., Class A<br>| 11700 | 64996 |
|  | Aluminum Corp. of <br> China Ltd., Class H<br>| 4888000 | 2623558 |
| \* | Amlogic Shanghai Co. <br> Ltd., Class A<br>| 18181 | 181149 |
|  | An Hui Wenergy Co. <br> Ltd., Class A<br>| 135218 | 136475 |
|  | Andon Health Co. Ltd., <br> Class A<br>| 20600 | 107524 |
|  | Angel Yeast Co. Ltd., <br> Class A<br>| 49800 | 241635 |
|  | Anhui Anke <br> Biotechnology Group <br> Co. Ltd., Class A<br>| 119100 | 133781 |
|  | Anhui Conch Cement <br> Co. Ltd., Class H<br>| 985500 | 2776212 |
|  | Anhui Gujing Distillery <br> Co. Ltd., Class A<br>| 22616 | 511973 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Anhui Heli Co. Ltd., <br> Class A<br>| 64900 | $141752 |
|  | Anhui Honglu Steel <br> Construction Group <br> Co. Ltd., Class A<br>| 38100 | 98215 |
|  | Anhui Jianghuai <br> Automobile Group <br> Corp. Ltd., Class A<br>| 92100 | 463140 |
|  | Anhui Jiangnan <br> Chemical Industry <br> Co. Ltd., Class A<br>| 183900 | 135517 |
|  | Anhui Jinhe Industrial <br> Co. Ltd., Class A<br>| 35300 | 120918 |
|  | Anhui Kouzi Distillery <br> Co. Ltd., Class A<br>| 46700 | 228998 |
|  | Anhui Xinhua Media <br> Co. Ltd., Class A<br>| 65500 | 63183 |
|  | Anhui Yingjia Distillery <br> Co. Ltd., Class A<br>| 38000 | 229812 |
|  | Anhui Zhongding <br> Sealing Parts Co. <br> Ltd., Class A<br>| 123900 | 309305 |
|  | Anji Microelectronics <br> Technology <br> Shanghai Co. Ltd., <br> Class A<br>| 5965 | 151879 |
|  | Anjoy Foods Group <br> Co. Ltd., Class A<br>| 13800 | 144950 |
|  | Anker Innovations <br> Technology Co. Ltd., <br> Class A<br>| 24180 | 296729 |
|  | ANTA Sports Products <br> Ltd.<br>| 1245400 | 14715418 |
|  | Apeloa Pharmaceutical <br> Co. Ltd., Class A<br>| 76500 | 144588 |
|  | APT Medical, Inc., <br> Class A<br>| 5641 | 323529 |
|  | Arcsoft Corp. Ltd., <br> Class A<br>| 11355 | 70936 |
| \* | Asia - Potash <br> International <br> Investment <br> Guangzhou Co. Ltd., <br> Class A<br>| 39774 | 157132 |
| \* | ASR Microelectronics <br> Co. Ltd., Class A<br>| 16813 | 222490 |
|  | Asymchem <br> Laboratories Tianjin <br> Co. Ltd., Class A<br>| 12970 | 146207 |
|  | Autel Intelligent <br> Technology Corp. <br> Ltd., Class A<br>| 22653 | 130291 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Autobio Diagnostics <br> Co. Ltd., Class A<br>| 28600 | $151557 |
|  | Avary Holding <br> Shenzhen Co. Ltd., <br> Class A<br>| 119276 | 471180 |
|  | Avicopter PLC, <br> Class A<br>| 32004 | 156428 |
| \* | Baidu, Inc. (9888 HK), <br> Class A<br>| 1218650 | 13438068 |
| #\* | Baidu, Inc. (BIDU US), <br> Sponsored ADR<br>| 2292 | 201283 |
|  | Baiyin Nonferrous <br> Group Co. Ltd., <br> Class A<br>| 343500 | 128475 |
|  | Bank of Beijing Co. <br> Ltd., Class A<br>| 880308 | 727396 |
|  | Bank of Changsha Co. <br> Ltd., Class A<br>| 328284 | 409543 |
|  | Bank of Chengdu Co. <br> Ltd., Class A<br>| 338750 | 792428 |
|  | Bank of China Ltd., <br> Class H<br>| 32691181 | 18253887 |
|  | Bank of <br> Communications Co. <br> Ltd., Class H<br>| 5464515 | 4778493 |
|  | Bank of Guiyang Co. <br> Ltd., Class A<br>| 181323 | 144223 |
|  | Bank of Hangzhou Co. <br> Ltd., Class A<br>| 356304 | 721761 |
|  | Bank of Jiangsu Co. <br> Ltd., Class A<br>| 1156770 | 1619323 |
|  | Bank of Nanjing Co. <br> Ltd., Class A<br>| 454780 | 652625 |
|  | Bank of Ningbo Co. <br> Ltd., Class A<br>| 274842 | 905186 |
|  | Bank of Shanghai Co. <br> Ltd., Class A<br>| 573383 | 819948 |
|  | Bank of Suzhou Co. <br> Ltd., Class A<br>| 341360 | 378105 |
|  | Bank of Xi'an Co. Ltd., <br> Class A<br>| 147800 | 70476 |
| \* | Baoding Tianwei <br> Baobian Electric Co. <br> Ltd., Class A<br>| 30500 | 31555 |
|  | Baoji Titanium Industry <br> Co. Ltd., Class A<br>| 29300 | 117919 |
|  | Baoshan Iron & Steel <br> Co. Ltd., Class A<br>| 821000 | 772302 |
|  | Baowu Magnesium <br> Technology Co. Ltd., <br> Class A<br>| 84280 | 138646 |
|  | Beibuwan Port Co. <br> Ltd., Class A<br>| 96100 | 111656 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | BeiGene Ltd. (6160 <br> HK)<br>| 184600 | $3730673 |
| \* | BeiGene Ltd. (BGNE <br> US), ADR<br>| 574 | 149131 |
| \* | Beijing Aosaikang <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 11400 | 29483 |
|  | Beijing Balance <br> Medical Technology <br> Co. Ltd., Class A<br>| 1400 | 21619 |
|  | Beijing BDStar <br> Navigation Co. Ltd., <br> Class A<br>| 26700 | 93999 |
|  | Beijing Capital <br> Eco-Environment <br> Protection Group <br> Co. Ltd., Class A<br>| 630560 | 274451 |
| \* | Beijing Compass <br> Technology <br> Development Co. <br> Ltd., Class A<br>| 29145 | 236490 |
|  | Beijing Dabeinong <br> Technology Group <br> Co. Ltd., Class A<br>| 51761 | 29064 |
|  | Beijing Dahao <br> Technology Corp. <br> Ltd., Class A<br>| 35400 | 64659 |
|  | Beijing Easpring <br> Material Technology <br> Co. Ltd., Class A<br>| 24200 | 126050 |
|  | Beijing eGOVA Co. <br> Ltd., Class A<br>| 21300 | 47930 |
| \* | Beijing E-Hualu <br> Information <br> Technology Co. Ltd., <br> Class A<br>| 20700 | 63533 |
|  | Beijing Enlight Media <br> Co. Ltd., Class A<br>| 107306 | 285080 |
|  | Beijing Gehua CATV <br> Network Co. Ltd., <br> Class A<br>| 37300 | 36995 |
|  | Beijing Huafeng Test & <br> Control Technology <br> Co. Ltd., Class A<br>| 4736 | 94674 |
| \* | Beijing Jetsen <br> Technology Co. Ltd., <br> Class A<br>| 173800 | 126564 |
|  | Beijing Kingsoft Office <br> Software, Inc., <br> Class A<br>| 7538 | 306214 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Beijing New Building <br> Materials PLC, <br> Class A<br>| 102503 | $395191 |
|  | Beijing Originwater <br> Technology Co. Ltd., <br> Class A<br>| 255149 | 155814 |
|  | Beijing Roborock <br> Technology Co. Ltd., <br> Class A<br>| 6318 | 168686 |
|  | Beijing Shiji <br> Information <br> Technology Co. Ltd., <br> Class A<br>| 49928 | 57298 |
|  | Beijing Shougang Co. <br> Ltd., Class A<br>| 373100 | 185366 |
| \* | Beijing Shunxin <br> Agriculture Co. Ltd., <br> Class A<br>| 33400 | 73248 |
|  | Beijing Sifang <br> Automation Co. Ltd., <br> Class A<br>| 46600 | 110678 |
|  | Beijing Sinnet <br> Technology Co. Ltd., <br> Class A<br>| 91088 | 181525 |
|  | Beijing Tiantan <br> Biological Products <br> Corp. Ltd., Class A<br>| 59363 | 155977 |
|  | Beijing Tong Ren Tang <br> Co. Ltd., Class A<br>| 56300 | 282378 |
|  | Beijing Ultrapower <br> Software Co. Ltd., <br> Class A<br>| 122700 | 184811 |
|  | Beijing United <br> Information <br> Technology Co. Ltd., <br> Class A<br>| 55486 | 180835 |
|  | Beijing Wandong <br> Medical Technology <br> Co. Ltd., Class A<br>| 13600 | 32839 |
|  | Beijing Wantai <br> Biological Pharmacy <br> Enterprise Co. Ltd., <br> Class A<br>| 9280 | 83626 |
|  | Beijing Yanjing <br> Brewery Co. Ltd., <br> Class A<br>| 184800 | 330534 |
|  | Beijing Zhong Ke San <br> Huan High-Tech Co. <br> Ltd., Class A<br>| 53900 | 77847 |
|  | Beijing-Shanghai High <br> Speed Railway Co. <br> Ltd., Class A<br>| 1823600 | 1457212 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Beiqi Foton Motor Co. <br> Ltd., Class A<br>| 456800 | $164899 |
| \* | Bengang Steel Plates <br> Co. Ltd., Class A<br>| 44500 | 22898 |
|  | Bethel Automotive <br> Safety Systems Co. <br> Ltd., Class A<br>| 30140 | 239572 |
|  | Betta Pharmaceuticals <br> Co. Ltd., Class A<br>| 4806 | 33529 |
| \* | Bilibili, Inc., Class Z | 30160 | 529430 |
|  | Bloomage <br> Biotechnology Corp. <br> Ltd. (688363 C1), <br> Class A<br>| 9770 | 65669 |
|  | Bloomage <br> Biotechnology Corp. <br> Ltd. (688363 CH), <br> Class A<br>| 6559 | 44086 |
|  | Bluefocus Intelligent <br> Communications <br> Group Co. Ltd., <br> Class A<br>| 93700 | 110612 |
|  | Bluestar Adisseo Co., <br> Class A<br>| 64100 | 84692 |
|  | BOC International <br> China Co. Ltd., <br> Class A<br>| 114700 | 155924 |
|  | BOE Technology <br> Group Co. Ltd., <br> Class A<br>| 2396852 | 1267622 |
| \* | Bohai Leasing Co. <br> Ltd., Class A<br>| 526300 | 228644 |
|  | Bright Dairy & Food <br> Co. Ltd., Class A<br>| 98800 | 112388 |
|  | BrightGene <br> Bio-Medical <br> Technology Co. Ltd., <br> Class A<br>| 14978 | 100366 |
|  | BTG Hotels Group Co. <br> Ltd., Class A<br>| 31000 | 61133 |
|  | BYD Co. Ltd., Class H | 533886 | 25357560 |
|  | Caitong Securities Co. <br> Ltd., Class A<br>| 214590 | 215602 |
|  | Camel Group Co. Ltd., <br> Class A<br>| 71100 | 82210 |
|  | Canmax Technologies <br> Co. Ltd., Class A<br>| 40470 | 99330 |
|  | Castech, Inc., Class A | 21000 | 100138 |
|  | Cathay Biotech, Inc., <br> Class A<br>| 16902 | 120977 |
|  | CCCC Design & <br> Consulting Group <br> Co. Ltd., Class A<br>| 107500 | 115311 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | CECEP Solar Energy <br> Co. Ltd., Class A<br>| 221400 | $131542 |
|  | CECEP Wind-Power <br> Corp., Class A<br>| 536160 | 211950 |
|  | Central China Land <br> Media Co. Ltd., <br> Class A<br>| 65400 | 111669 |
| \* | CETC Chips <br> Technology, Inc., <br> Class A<br>| 38100 | 62900 |
|  | CETC Cyberspace <br> Security Technology <br> Co. Ltd., Class A<br>| 33500 | 69444 |
|  | CETC Digital <br> Technology Co. Ltd., <br> Class A<br>| 27800 | 92213 |
|  | CETC Potevio <br> Science&Technology <br> Co. Ltd., Class A<br>| 25300 | 71748 |
| Ω | CGN Power Co. Ltd., <br> Class H<br>| 5876000 | 1870407 |
|  | Changchun High-Tech <br> Industry Group Co. <br> Ltd., Class A<br>| 18300 | 221597 |
|  | Changjiang Publishing <br> & Media Co. Ltd., <br> Class A<br>| 29100 | 38340 |
|  | Changjiang Securities <br> Co. Ltd., Class A<br>| 255570 | 225905 |
|  | Changzhou Xingyu <br> Automotive Lighting <br> Systems Co. Ltd., <br> Class A<br>| 11100 | 202794 |
|  | Chaozhou Three-Circle <br> Group Co. Ltd., <br> Class A<br>| 74505 | 352741 |
|  | Chengdu Fusen <br> Noble-House <br> Industrial Co. Ltd., <br> Class A<br>| 9300 | 16825 |
|  | Chengdu Kanghong <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 46500 | 178725 |
|  | Chengdu Xingrong <br> Environment Co. <br> Ltd., Class A<br>| 160200 | 156432 |
|  | Chifeng Jilong Gold <br> Mining Co. Ltd., <br> Class A<br>| 116900 | 424873 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Automotive <br> Engineering <br> Research Institute <br> Co. Ltd., Class A<br>| 72700 | $190032 |
|  | China Baoan Group <br> Co. Ltd., Class A<br>| 144734 | 154188 |
|  | China CAMC <br> Engineering Co. <br> Ltd., Class A<br>| 67200 | 73328 |
|  | China CITIC Bank <br> Corp. Ltd., Class H<br>| 7100928 | 5616310 |
|  | China Coal Energy Co. <br> Ltd., Class H<br>| 3285777 | 3394894 |
|  | China Construction <br> Bank Corp., <br> Class H<br>| 44592590 | 36629596 |
|  | China CSSC Holdings <br> Ltd., Class A<br>| 82717 | 333583 |
| \* | China Eastern Airlines <br> Corp. Ltd., Class H<br>| 1724000 | 513222 |
|  | China Energy <br> Engineering Corp. <br> Ltd. (601868 C1), <br> Class A<br>| 2502824 | 757842 |
|  | China Everbright Bank <br> Co. Ltd., Class H<br>| 1954000 | 848468 |
|  | China Film Co. Ltd., <br> Class A<br>| 54000 | 76129 |
| \* | China First Heavy <br> Industries Co. Ltd., <br> Class A<br>| 235100 | 83528 |
|  | China Galaxy <br> Securities Co. Ltd., <br> Class H<br>| 3972500 | 3608742 |
|  | China Great Wall <br> Securities Co. Ltd., <br> Class A<br>| 65000 | 69179 |
| \* | China Greatwall <br> Technology Group <br> Co. Ltd., Class A<br>| 44900 | 90483 |
|  | China Green Electricity <br> Investment of Tianjin <br> Co. Ltd., Class A<br>| 26100 | 30800 |
|  | China Hainan Rubber <br> Industry Group Co. <br> Ltd., Class A<br>| 147500 | 91501 |
|  | China Hongqiao Group <br> Ltd.<br>| 3314000 | 5948678 |
| Ω | China International <br> Capital Corp. Ltd., <br> Class H<br>| 1285600 | 2211472 |
|  | China Jushi Co. Ltd., <br> Class A<br>| 302698 | 488543 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Kings <br> Resources Group <br> Co. Ltd., Class A<br>| 34300 | $107852 |
|  | China Life Insurance <br> Co. Ltd., Class H<br>| 3160000 | 5775201 |
|  | China Longyuan Power <br> Group Corp. Ltd., <br> Class H<br>| 2911000 | 2299627 |
|  | China Meheco Group <br> Co. Ltd., Class A<br>| 93831 | 131011 |
|  | China Mengniu Dairy <br> Co. Ltd.<br>| 2979000 | 7419649 |
|  | China Merchants Bank <br> Co. Ltd., Class H<br>| 3045554 | 16612404 |
|  | China Merchants <br> Energy Shipping Co. <br> Ltd., Class A<br>| 607440 | 488772 |
|  | China Merchants <br> Expressway Network <br> & Technology <br> Holdings Co. Ltd., <br> Class A<br>| 148021 | 261564 |
|  | China Merchants <br> Property Operation <br> & Service Co. Ltd., <br> Class A<br>| 65100 | 105709 |
| Ω | China Merchants <br> Securities Co. Ltd., <br> Class H<br>| 422060 | 640124 |
|  | China Merchants <br> Shekou Industrial <br> Zone Holdings Co. <br> Ltd., Class A<br>| 268873 | 338805 |
|  | China Minsheng <br> Banking Corp. Ltd., <br> Class H<br>| 4445100 | 2085905 |
|  | China National Accord <br> Medicines Corp. <br> Ltd., Class A<br>| 38600 | 130401 |
|  | China National <br> Chemical <br> Engineering Co. <br> Ltd., Class A<br>| 304900 | 316925 |
|  | China National Gold <br> Group Gold <br> Jewellery Co. Ltd., <br> Class A<br>| 113400 | 128369 |
|  | China National <br> Medicines Corp. <br> Ltd., Class A<br>| 48400 | 193196 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China National Nuclear <br> Power Co. Ltd., <br> Class A<br>| 1023390 | $1301109 |
| \* | China National <br> Software & Service <br> Co. Ltd., Class A<br>| 15200 | 95223 |
|  | China Northern Rare <br> Earth Group <br> High-Tech Co. Ltd., <br> Class A<br>| 133500 | 428187 |
|  | China Oilfield Services <br> Ltd., Class H<br>| 404000 | 315932 |
|  | China Pacific <br> Insurance Group Co. <br> Ltd., Class H<br>| 2081400 | 5662999 |
|  | China Petroleum & <br> Chemical Corp., <br> Class H<br>| 14976800 | 7645226 |
|  | China Petroleum <br> Engineering Corp., <br> Class A<br>| 172500 | 72691 |
|  | China Publishing & <br> Media Co. Ltd., <br> Class A<br>| 92100 | 80192 |
|  | China Railway Group <br> Ltd., Class H<br>| 2964000 | 1275308 |
|  | China Railway Hi-tech <br> Industry Co. Ltd., <br> Class A<br>| 166300 | 167116 |
|  | China Railway <br> Materials Co. Ltd., <br> Class A<br>| 245800 | 84548 |
| Ω | China Railway Signal <br> & Communication <br> Corp. Ltd., Class H<br>| 427000 | 171718 |
|  | China Rare Earth <br> Resources & <br> Technology Co. Ltd., <br> Class A<br>| 18391 | 79073 |
|  | China Resources Boya <br> Bio-pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 32400 | 118445 |
|  | China Resources <br> Double Crane <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 81300 | 211280 |
|  | China Resources Gas <br> Group Ltd.<br>| 628000 | 1754256 |
|  | China Resources Land <br> Ltd.<br>| 3023666 | 10173448 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Resources <br> Microelectronics <br> Ltd., Class A<br>| 18429 | $116930 |
| Ω | China Resources Mixc <br> Lifestyle Services <br> Ltd.<br>| 640800 | 3069868 |
|  | China Resources <br> Sanjiu Medical & <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 57665 | 326610 |
|  | China Science <br> Publishing & Media <br> Ltd., Class A<br>| 20500 | 52324 |
|  | China Shenhua Energy <br> Co. Ltd., Class H<br>| 2542000 | 9553208 |
|  | China South Publishing <br> & Media Group Co. <br> Ltd., Class A<br>| 128000 | 251088 |
| \* | China Southern <br> Airlines Co. Ltd., <br> Class H<br>| 2084000 | 855870 |
|  | China Southern Power <br> Grid Energy <br> Efficiency&Clean <br> Energy Co. Ltd. <br> (003035 C2), <br> Class A<br>| 107900 | 63897 |
|  | China Southern Power <br> Grid Energy <br> Efficiency&Clean <br> Energy Co. Ltd. <br> (003035 CH), <br> Class A<br>| 58400 | 34584 |
|  | China Southern Power <br> Grid Technology Co. <br> Ltd., Class A<br>| 10287 | 40680 |
|  | China State <br> Construction <br> Engineering Corp. <br> Ltd., Class A<br>| 1756100 | 1332485 |
|  | China State <br> Construction <br> International <br> Holdings Ltd.<br>| 140000 | 206363 |
|  | China Tianying, Inc., <br> Class A<br>| 160000 | 92941 |
| #Ω | China Tourism Group <br> Duty Free Corp. Ltd. <br> (1880 HK), Class H<br>| 69600 | 471074 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Tourism Group <br> Duty Free Corp. Ltd. <br> (601888 C1), <br> Class A<br>| 15900 | $138790 |
| Ω | China Tower Corp. <br> Ltd., Class H<br>| 5138000 | 7442273 |
|  | China TransInfo <br> Technology Co. Ltd., <br> Class A<br>| 92200 | 116267 |
|  | China Tungsten & <br> Hightech Materials <br> Co. Ltd., Class A<br>| 57300 | 75427 |
| \* | China Vanke Co. Ltd., <br> Class H<br>| 1684320 | 1154646 |
|  | China Wafer <br> Level CSP Co. Ltd., <br> Class A<br>| 22700 | 89829 |
|  | China World Trade <br> Center Co. Ltd., <br> Class A<br>| 34000 | 101979 |
|  | China XD Electric Co. <br> Ltd., Class A<br>| 121000 | 103522 |
|  | China Yangtze Power <br> Co. Ltd., Class A<br>| 756147 | 3070509 |
|  | China Zhenhua Group <br> Science & <br> Technology Co. Ltd., <br> Class A<br>| 24900 | 175887 |
|  | China Zheshang Bank <br> Co. Ltd., Class H<br>| 2185499 | 738906 |
|  | Chinese Universe <br> Publishing & Media <br> Group Co. Ltd., <br> Class A<br>| 80600 | 116475 |
|  | Chongqing Brewery <br> Co. Ltd., Class A<br>| 27100 | 215467 |
|  | Chongqing Changan <br> Automobile Co. Ltd., <br> Class A<br>| 296930 | 501489 |
|  | Chongqing Chuanyi <br> Automation Co. Ltd., <br> Class A<br>| 26230 | 73707 |
|  | Chongqing Department <br> Store Co. Ltd., <br> Class A<br>| 26200 | 114520 |
|  | Chongqing Fuling <br> Electric Power <br> Industrial Co. Ltd., <br> Class A<br>| 106000 | 138191 |
|  | Chongqing Fuling <br> Zhacai Group Co. <br> Ltd., Class A<br>| 70500 | 127286 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Chongqing Qianli <br> Technology Co. Ltd., <br> Class A<br>| 119500 | $145952 |
|  | Chongqing Rural <br> Commercial Bank <br> Co. Ltd., Class H<br>| 2532000 | 1943927 |
|  | Chongqing Sanfeng <br> Environment Group <br> Corp. Ltd., Class A<br>| 133400 | 150530 |
|  | Chongqing Zhifei <br> Biological Products <br> Co. Ltd., Class A<br>| 30179 | 78511 |
|  | Chongqing Zongshen <br> Power Machinery <br> Co. Ltd., Class A<br>| 55800 | 161830 |
|  | Chow Tai Fook <br> Jewellery Group <br> Ltd.<br>| 1880000 | 2513207 |
|  | Chow Tai Seng <br> Jewellery Co. Ltd., <br> Class A<br>| 93700 | 167985 |
|  | CITIC Heavy Industries <br> Co. Ltd., Class A<br>| 226600 | 136510 |
|  | CITIC Securities Co. <br> Ltd., Class H<br>| 1021800 | 2525408 |
|  | CMOC Group Ltd., <br> Class H<br>| 3870966 | 3038995 |
|  | CMST Development <br> Co. Ltd., Class A<br>| 132100 | 106823 |
|  | CNGR Advanced <br> Material Co. Ltd., <br> Class A<br>| 43300 | 188217 |
|  | CNNC Hua Yuan <br> Titanium Dioxide Co. <br> Ltd., Class A<br>| 163735 | 92065 |
|  | CNOOC Energy <br> Technology & <br> Services Ltd., <br> Class A<br>| 655100 | 358191 |
| \* | COFCO Biotechnology <br> Co. Ltd., Class A<br>| 102913 | 77498 |
|  | COFCO Capital <br> Holdings Co. Ltd., <br> Class A<br>| 57700 | 94263 |
|  | COFCO Sugar Holding <br> Co. Ltd., Class A<br>| 173300 | 221686 |
| \* | COL Group Co. Ltd., <br> Class A<br>| 15600 | 46493 |
|  | Contemporary <br> Amperex Technology <br> Co. Ltd., Class A<br>| 236916 | 7575058 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | COSCO SHIPPING <br> Energy <br> Transportation Co. <br> Ltd., Class H<br>| 656000 | $520297 |
| # | COSCO SHIPPING <br> Holdings Co. Ltd., <br> Class H<br>| 4032799 | 6085636 |
|  | COSCO SHIPPING <br> Specialized Carriers <br> Co. Ltd., Class A<br>| 161900 | 130949 |
|  | CRRC Corp. Ltd., <br> Class H<br>| 2592000 | 1599652 |
| #Ω | CSC Financial Co. <br> Ltd., Class H<br>| 594000 | 672093 |
|  | CSG Holding Co. Ltd., <br> Class A<br>| 155500 | 101497 |
|  | CSPC Innovation <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 34820 | 200984 |
|  | CSSC Science & <br> Technology Co. Ltd., <br> Class A<br>| 65900 | 105768 |
|  | Dajin Heavy Industry <br> Co. Ltd., Class A<br>| 27500 | 104476 |
|  | Daqin Railway Co. <br> Ltd., Class A<br>| 603660 | 538760 |
|  | Datang International <br> Power Generation <br> Co. Ltd., Class H<br>| 592000 | 141061 |
|  | DBG Technology Co. <br> Ltd., Class A<br>| 25500 | 86899 |
|  | Deppon Logistics Co. <br> Ltd., Class A<br>| 61400 | 109589 |
|  | DHC Software Co. <br> Ltd., Class A<br>| 118900 | 161330 |
|  | Digital China Group <br> Co. Ltd., Class A<br>| 55900 | 314788 |
|  | Dong-E-E-Jiao Co. <br> Ltd., Class A<br>| 42611 | 318854 |
|  | Dongfang Electronics <br> Co. Ltd., Class A<br>| 58600 | 77001 |
|  | DongFeng Automobile <br> Co. Ltd., Class A<br>| 82400 | 79720 |
|  | Dongguan <br> Development <br> Holdings Co. Ltd., <br> Class A<br>| 47800 | 67765 |
|  | Dongxing Securities <br> Co. Ltd., Class A<br>| 168218 | 232312 |
|  | Double Medical <br> Technology, Inc., <br> Class A<br>| 5700 | 29047 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | East Money <br> Information Co. Ltd., <br> Class A<br>| 396373 | $1124284 |
|  | Eastern <br> Communications Co. <br> Ltd., Class A<br>| 30500 | 42586 |
|  | Easyhome New Retail <br> Group Co. Ltd., <br> Class A<br>| 405300 | 184122 |
|  | Ecovacs Robotics Co. <br> Ltd., Class A<br>| 18200 | 129000 |
|  | Edifier Technology Co. <br> Ltd., Class A<br>| 47900 | 85737 |
|  | Electric Connector <br> Technology Co. Ltd., <br> Class A<br>| 19200 | 126961 |
|  | ENN Energy Holdings <br> Ltd.<br>| 405800 | 3203538 |
|  | ENN Natural Gas Co. <br> Ltd., Class A<br>| 244700 | 665872 |
|  | Eoptolink Technology, <br> Inc. Ltd., Class A<br>| 10100 | 127017 |
|  | Espressif Systems <br> Shanghai Co. Ltd., <br> Class A<br>| 1448 | 43604 |
|  | Estun Automation Co. <br> Ltd., Class A<br>| 50100 | 137881 |
|  | Eve Energy Co. Ltd., <br> Class A<br>| 70305 | 397907 |
| Ω | Everbright Securities <br> Co. Ltd., Class H<br>| 379000 | 330446 |
|  | Explosive Co. Ltd., <br> Class A<br>| 48437 | 81089 |
|  | Eyebright Medical <br> Technology Beijing <br> Co. Ltd., Class A<br>| 8856 | 96215 |
|  | Fangda Carbon New <br> Material Co. Ltd., <br> Class A<br>| 186124 | 118291 |
|  | Fangda Special Steel <br> Technology Co. Ltd., <br> Class A<br>| 121447 | 74390 |
|  | Far East Smarter <br> Energy Co. Ltd., <br> Class A<br>| 63000 | 41642 |
| \* | Farasis Energy Gan <br> Zhou Co. Ltd., <br> Class A<br>| 74650 | 125244 |
|  | FAW Jiefang Group <br> Co. Ltd., Class A<br>| 68400 | 67819 |
|  | FESCO Group Co. <br> Ltd., Class A<br>| 32900 | 95618 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Fiberhome <br> Telecommunication <br> Technologies Co. <br> Ltd., Class A<br>| 61100 | $180335 |
|  | First Capital Securities <br> Co. Ltd., Class A<br>| 102400 | 95757 |
|  | Focus Media <br> Information <br> Technology Co. Ltd., <br> Class A<br>| 609997 | 605500 |
|  | Foryou Corp., Class A | 27600 | 118474 |
|  | Foshan Haitian <br> Flavouring & Food <br> Co. Ltd., Class A<br>| 111067 | 641274 |
|  | Founder Securities Co. <br> Ltd., Class A<br>| 259900 | 266716 |
|  | Foxconn Industrial <br> Internet Co. Ltd., <br> Class A<br>| 501300 | 1263636 |
|  | Fujian Boss Software <br> Development Co. <br> Ltd., Class A<br>| 25100 | 52269 |
|  | Fujian Funeng Co. <br> Ltd., Class A<br>| 200870 | 265068 |
|  | Fujian Kuncai Material <br> Technology Co. Ltd., <br> Class A<br>| 17000 | 47382 |
|  | Fujian Star-net <br> Communication Co. <br> Ltd., Class A<br>| 19000 | 50686 |
|  | Fujian Sunner <br> Development Co. <br> Ltd., Class A<br>| 38180 | 84363 |
| \* | Fulin Precision Co. <br> Ltd., Class A<br>| 21900 | 60480 |
| Ω | Fuyao Glass Industry <br> Group Co. Ltd., <br> Class H<br>| 578800 | 4093281 |
|  | Gan & Lee <br> Pharmaceuticals Co. <br> Ltd., Class A<br>| 17800 | 116870 |
| #Ω | Ganfeng Lithium Group <br> Co. Ltd., Class H<br>| 176199 | 429585 |
|  | Gansu Energy <br> Chemical Co. Ltd., <br> Class A<br>| 457700 | 148162 |
|  | Gaona Aero Material <br> Co. Ltd., Class A<br>| 48100 | 98319 |
|  | G-bits Network <br> Technology Xiamen <br> Co. Ltd., Class A<br>| 4700 | 154516 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | GCL System <br> Integration <br> Technology Co. Ltd., <br> Class A<br>| 195100 | $56684 |
|  | GD Power <br> Development Co. <br> Ltd., Class A<br>| 672300 | 413867 |
|  | Geely Automobile <br> Holdings Ltd.<br>| 6114000 | 12835128 |
|  | GEM Co. Ltd., Class A | 272276 | 229527 |
|  | Geovis Technology Co. <br> Ltd., Class A<br>| 14780 | 108316 |
|  | GEPIC Energy <br> Development Co. <br> Ltd., Class A<br>| 89900 | 81769 |
|  | GF Securities Co. Ltd., <br> Class H<br>| 905400 | 1179401 |
| Ω | Giant Biogene Holding <br> Co. Ltd.<br>| 240400 | 2483766 |
|  | Giant Network Group <br> Co. Ltd., Class A<br>| 119200 | 238191 |
| \* | GigaDevice <br> Semiconductor, Inc., <br> Class A<br>| 18674 | 331274 |
|  | Ginlong Technologies <br> Co. Ltd., Class A<br>| 31325 | 226530 |
|  | Glarun Technology Co. <br> Ltd., Class A<br>| 69600 | 200167 |
|  | GoerTek, Inc., Class A | 169200 | 494895 |
|  | Goke Microelectronics <br> Co. Ltd., Class A<br>| 7300 | 69573 |
|  | Goneo Group Co. Ltd., <br> Class A<br>| 24963 | 244700 |
|  | Gotion High-tech Co. <br> Ltd., Class A<br>| 51100 | 145315 |
|  | Grandblue <br> Environment Co. <br> Ltd., Class A<br>| 44300 | 141258 |
| \* | Grandjoy Holdings <br> Group Co. Ltd., <br> Class A<br>| 206500 | 74351 |
|  | Great Wall Motor Co. <br> Ltd., Class H<br>| 2214000 | 3163786 |
|  | Gree Electric <br> Appliances, Inc. of <br> Zhuhai, Class A<br>| 175733 | 1102688 |
|  | GRG Banking <br> Equipment Co. Ltd., <br> Class A<br>| 126000 | 214467 |
|  | Guangdong Advertising <br> Group Co. Ltd., <br> Class A<br>| 63600 | 63597 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Guangdong Aofei Data <br> Technology Co. Ltd., <br> Class A<br>| 31100 | $101753 |
|  | Guangdong <br> Construction <br> Engineering Group <br> Co. Ltd., Class A<br>| 289000 | 137840 |
| \* | Guangdong Create <br> Century Intelligent <br> Equipment Group <br> Corp. Ltd., Class A<br>| 65700 | 77680 |
|  | Guangdong Fenghua <br> Advanced <br> Technology Holding <br> Co. Ltd., Class A<br>| 70200 | 126851 |
|  | Guangdong Haid <br> Group Co. Ltd., <br> Class A<br>| 91500 | 698656 |
|  | Guangdong HEC <br> Technology Holding <br> Co. Ltd., Class A<br>| 89700 | 119640 |
|  | Guangdong Hongda <br> Holdings Group Co. <br> Ltd., Class A<br>| 51700 | 217619 |
|  | Guangdong Marubi <br> Biotechnology Co. <br> Ltd., Class A<br>| 3200 | 20825 |
|  | Guangdong Provincial <br> Expressway <br> Development Co. <br> Ltd., Class A<br>| 154400 | 297978 |
| \* | Guangdong TCL Smart <br> Home Appliances <br> Co. Ltd.<br>| 54400 | 76339 |
|  | Guangdong Xinbao <br> Electrical Appliances <br> Holdings Co. Ltd., <br> Class A<br>| 49100 | 93542 |
|  | Guanghui Energy Co. <br> Ltd., Class A<br>| 439400 | 350460 |
| \* | Guangxi Huaxi <br> Nonferrous Metal <br> Co. Ltd., Class A<br>| 30100 | 79619 |
|  | Guangxi Liugong <br> Machinery Co. Ltd., <br> Class A<br>| 39500 | 54113 |
| # | Guangzhou Automobile <br> Group Co. Ltd., <br> Class H<br>| 1781162 | 629518 |
|  | Guangzhou Baiyun <br> International Airport <br> Co. Ltd., Class A<br>| 129500 | 160900 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Guangzhou <br> Baiyunshan <br> Pharmaceutical <br> Holdings Co. Ltd., <br> Class H<br>| 36000 | $78610 |
|  | Guangzhou <br> Development Group, <br> Inc., Class A<br>| 118500 | 105219 |
|  | Guangzhou Great <br> Power Energy & <br> Technology Co. Ltd., <br> Class A<br>| 16700 | 52834 |
|  | Guangzhou Haige <br> Communications <br> Group, Inc. Co., <br> Class A<br>| 96352 | 137822 |
|  | Guangzhou Kingmed <br> Diagnostics Group <br> Co. Ltd., Class A<br>| 15501 | 62019 |
|  | Guangzhou Port Co. <br> Ltd., Class A<br>| 103900 | 44762 |
|  | Guangzhou Shiyuan <br> Electronic <br> Technology Co. Ltd., <br> Class A<br>| 11000 | 50925 |
|  | Guangzhou Tinci <br> Materials Technology <br> Co. Ltd., Class A<br>| 94140 | 226321 |
|  | Guangzhou Yuexiu <br> Capital Holdings <br> Group Co. Ltd., <br> Class A<br>| 206204 | 179250 |
|  | Guangzhou Zhujiang <br> Brewery Co. Ltd., <br> Class A<br>| 94900 | 138289 |
| \* | Guizhou Broadcasting <br> & TV Information <br> Network Co. Ltd., <br> Class A<br>| 41000 | 48292 |
|  | Guizhou Chanhen <br> Chemical Corp., <br> Class A<br>| 32800 | 102077 |
|  | Guocheng Mining Co. <br> Ltd., Class A<br>| 31700 | 50534 |
|  | Guosen Securities Co. <br> Ltd., Class A<br>| 186700 | 279378 |
| \* | Guosheng Financial <br> Holding, Inc., <br> Class A<br>| 141700 | 236366 |
| Ω | Guotai Haitong <br> Securities Co. Ltd., <br> Class H<br>| 1771552 | 2524867 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Guoyuan Securities <br> Co. Ltd., Class A<br>| 227040 | $233095 |
|  | H World Group Ltd. <br> (1179 HK)<br>| 810100 | 2841959 |
| # | H World Group Ltd. <br> (HTHT US), ADR<br>| 86463 | 2960493 |
| Ω | Haidilao International <br> Holding Ltd.<br>| 1444000 | 3251245 |
|  | Haier Smart Home Co. <br> Ltd. (600690 C1), <br> Class A<br>| 240600 | 822393 |
|  | Haier Smart Home Co. <br> Ltd. (6690 HK), <br> Class H<br>| 2153400 | 6249229 |
| \* | Hainan Airlines Holding <br> Co. Ltd., Class A<br>| 324600 | 59476 |
| \* | Hainan Drinda New <br> Energy Technology <br> Co. Ltd., Class A<br>| 14100 | 77407 |
|  | Hainan Haide Capital <br> Management Co. <br> Ltd., Class A<br>| 86500 | 64615 |
|  | Hainan Jinpan Smart <br> Technology Co. Ltd., <br> Class A<br>| 24362 | 107408 |
|  | Hainan Mining Co. <br> Ltd., Class A<br>| 98900 | 95342 |
|  | Hainan Strait Shipping <br> Co. Ltd., Class A<br>| 139000 | 113408 |
|  | Haisco Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 26300 | 155164 |
|  | Hangcha Group Co. <br> Ltd., Class A<br>| 103180 | 267325 |
|  | Hangjin Technology <br> Co. Ltd., Class A<br>| 27400 | 91719 |
|  | Hangzhou Binjiang <br> Real Estate Group <br> Co. Ltd., Class A<br>| 163200 | 233064 |
|  | Hangzhou Chang <br> Chuan Technology <br> Co. Ltd., Class A<br>| 13094 | 75694 |
|  | Hangzhou First Applied <br> Material Co. Ltd., <br> Class A<br>| 4229 | 7149 |
|  | Hangzhou GreatStar <br> Industrial Co. Ltd.<br>| 103300 | 331443 |
|  | Hangzhou Honghua <br> Digital Technology <br> Stock Co. Ltd., <br> Class A<br>| 6681 | 56991 |
|  | Hangzhou Iron & Steel <br> Co., Class A<br>| 198300 | 299179 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Hangzhou Lion <br> Microelectronics Co. <br> Ltd., Class A<br>| 31400 | $112484 |
|  | Hangzhou Oxygen <br> Plant Group Co. <br> Ltd., Class A<br>| 57000 | 156362 |
|  | Hangzhou Robam <br> Appliances Co. Ltd., <br> Class A<br>| 29621 | 79813 |
| \* | Hangzhou Silan <br> Microelectronics Co. <br> Ltd., Class A<br>| 24622 | 85009 |
|  | Han's Laser <br> Technology Industry <br> Group Co. Ltd., <br> Class A<br>| 21917 | 69828 |
| Ω | Hansoh <br> Pharmaceutical <br> Group Co. Ltd.<br>| 922000 | 2857251 |
|  | Haohua Chemical <br> Science & <br> Technology Co. Ltd., <br> Class A<br>| 28200 | 99246 |
|  | Harbin Boshi <br> Automation Co. Ltd., <br> Class A<br>| 57200 | 131546 |
| \* | Hebei Changshan <br> Biochemical <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 11200 | 32436 |
|  | Hebei Hengshui <br> Laobaigan Liquor <br> Co. Ltd., Class A<br>| 71100 | 169938 |
|  | Hebei Yangyuan Zhihui <br> Beverage Co. Ltd., <br> Class A<br>| 80600 | 269393 |
|  | Heilongjiang <br> Agriculture Co. Ltd., <br> Class A<br>| 82805 | 170907 |
|  | HeiLongJiang ZBD <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 28500 | 42100 |
|  | Henan Lingrui <br> Pharmaceutical Co., <br> Class A<br>| 7827 | 24661 |
|  | Henan Mingtai Al <br> Industrial Co. Ltd., <br> Class A<br>| 86000 | 142306 |
|  | Henan Pinggao <br> Electric Co. Ltd., <br> Class A<br>| 47700 | 106620 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Henan Shenhuo Coal <br> Industry & Electricity <br> Power Co. Ltd., <br> Class A<br>| 243000 | $570004 |
|  | Henan Shuanghui <br> Investment & <br> Development Co. <br> Ltd., Class A<br>| 169629 | 583409 |
| \* | Henan Zhongfu <br> Industry Co. Ltd., <br> Class A<br>| 245000 | 132698 |
|  | Hengdian Group <br> DMEGC Magnetics <br> Co. Ltd., Class A<br>| 103021 | 185486 |
|  | Hengli Petrochemical <br> Co. Ltd., Class A<br>| 402600 | 847410 |
|  | Hengtong Optic-electric <br> Co. Ltd., Class A<br>| 133000 | 282697 |
|  | Hengyi Petrochemical <br> Co. Ltd., Class A<br>| 102088 | 85601 |
|  | Hesteel Co. Ltd., <br> Class A<br>| 712353 | 212874 |
|  | Hexing Electrical Co. <br> Ltd., Class A<br>| 18500 | 67367 |
|  | Hisense Visual <br> Technology Co. Ltd., <br> Class A<br>| 44700 | 146683 |
|  | Hithink RoyalFlush <br> Information Network <br> Co. Ltd., Class A<br>| 16481 | 584740 |
|  | HLA Group Corp. Ltd., <br> Class A<br>| 198600 | 226997 |
|  | Hongfa Technology Co. <br> Ltd., Class A<br>| 6000 | 27180 |
|  | Hongta Securities Co. <br> Ltd., Class A<br>| 97320 | 98824 |
|  | Hoshine Silicon <br> Industry Co. Ltd., <br> Class A<br>| 24200 | 170134 |
|  | Hoymiles Power <br> Electronics, Inc., <br> Class A<br>| 2283 | 30545 |
|  | Huaan Securities Co. <br> Ltd., Class A<br>| 345700 | 263062 |
|  | Huada Automotive <br> Technology Corp. <br> Ltd., Class A<br>| 21100 | 101392 |
|  | Huadian Power <br> International Corp. <br> Ltd., Class H<br>| 366000 | 204965 |
|  | Huadong Medicine Co. <br> Ltd., Class A<br>| 98400 | 525944 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Huafon Chemical Co. <br> Ltd., Class A<br>| 294683 | $271563 |
|  | Huagong Tech Co. <br> Ltd., Class A<br>| 30400 | 169805 |
|  | Huaibei Mining <br> Holdings Co. Ltd., <br> Class A<br>| 229900 | 375472 |
|  | Huaihe Energy Group <br> Co. Ltd., Class A<br>| 260900 | 124669 |
|  | Hualan Biological <br> Engineering, Inc., <br> Class A<br>| 18500 | 41716 |
|  | Huaming Power <br> Equipment Co. Ltd., <br> Class A<br>| 47800 | 98664 |
|  | Huaneng Power <br> International, Inc., <br> Class H<br>| 3914000 | 2424536 |
| Ω | Huatai Securities Co. <br> Ltd., Class H<br>| 1102600 | 1634055 |
|  | Huaxi Securities Co. <br> Ltd., Class A<br>| 175000 | 193739 |
|  | Huaxia Bank Co. Ltd., <br> Class A<br>| 644456 | 645555 |
|  | Huayu Automotive <br> Systems Co. Ltd., <br> Class A<br>| 193500 | 474982 |
| \* | Hubei Biocause <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 52100 | 19543 |
| \* | Hubei Dinglong Co. <br> Ltd., Class A<br>| 44900 | 184327 |
|  | Hubei Energy Group <br> Co. Ltd., Class A<br>| 227983 | 145376 |
|  | Hubei Feilihua Quartz <br> Glass Co. Ltd., <br> Class A<br>| 21200 | 140668 |
|  | Hubei Jumpcan <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 70048 | 253626 |
|  | Hubei Xingfa <br> Chemicals Group <br> Co. Ltd., Class A<br>| 79300 | 223004 |
|  | Hubei Yihua Chemical <br> Industry Co. Ltd., <br> Class A<br>| 78700 | 118065 |
|  | Huizhou Desay Sv <br> Automotive Co. Ltd., <br> Class A<br>| 20000 | 287499 |
|  | Humanwell Healthcare <br> Group Co. Ltd., <br> Class A<br>| 114700 | 329380 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Hunan Gold Corp. Ltd., <br> Class A<br>| 47600 | $147313 |
|  | Hunan Valin Steel Co. <br> Ltd., Class A<br>| 497400 | 334511 |
|  | Hundsun Technologies, <br> Inc., Class A<br>| 59229 | 212368 |
|  | IEIT Systems Co. Ltd., <br> Class A<br>| 50084 | 352527 |
|  | Iflytek Co. Ltd., <br> Class A<br>| 66700 | 432851 |
|  | IKD Co. Ltd., Class A | 77400 | 177255 |
|  | Imeik Technology <br> Development Co. <br> Ltd., Class A<br>| 4160 | 98942 |
|  | Industrial & <br> Commercial Bank of <br> China Ltd., Class H<br>| 28097185 | 19246891 |
|  | Industrial Bank Co. <br> Ltd., Class A<br>| 918539 | 2641640 |
|  | Industrial Securities <br> Co. Ltd., Class A<br>| 270848 | 215812 |
|  | INESA Intelligent Tech, <br> Inc., Class A<br>| 38400 | 125061 |
|  | Infore Environment <br> Technology Group <br> Co. Ltd., Class A<br>| 233424 | 191980 |
|  | Ingenic Semiconductor <br> Co. Ltd., Class A<br>| 13600 | 127176 |
| \* | Inner Mongolia BaoTou <br> Steel Union Co. Ltd., <br> Class A<br>| 1386020 | 329958 |
|  | Inner Mongolia Dian <br> Tou Energy Corp. <br> Ltd., Class A<br>| 285000 | 700451 |
|  | Inner Mongolia <br> ERDOS Resources <br> Co. Ltd., Class A<br>| 151356 | 189420 |
|  | Inner Mongolia <br> Junzheng Energy & <br> Chemical Industry <br> Group Co. Ltd., <br> Class A<br>| 511903 | 381479 |
|  | Inner Mongolia Xingye <br> Silver&Tin Mining <br> Co. Ltd., Class A<br>| 127300 | 233050 |
|  | Inner Mongolia Yili <br> Industrial Group Co. <br> Ltd., Class A<br>| 252700 | 1035447 |
|  | Inner Mongolia Yuan <br> Xing Energy Co. <br> Ltd., Class A<br>| 328100 | 231778 |
| \*Ω | Innovent Biologics, <br> Inc.<br>| 463500 | 3210162 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Intco Medical <br> Technology Co. Ltd., <br> Class A<br>| 24200 | $74157 |
|  | iRay Group, Class A | 6115 | 102018 |
| \* | IRICO Display Devices <br> Co. Ltd., Class A<br>| 274400 | 253042 |
|  | JA Solar Technology <br> Co. Ltd., Class A<br>| 221504 | 291351 |
|  | Jafron Biomedical Co. <br> Ltd., Class A<br>| 44300 | 130348 |
|  | Jason Furniture <br> Hangzhou Co. Ltd., <br> Class A<br>| 42680 | 146610 |
|  | JCET Group Co. Ltd., <br> Class A<br>| 105500 | 485999 |
|  | JCHX Mining <br> Management Co. <br> Ltd., Class A<br>| 43000 | 219159 |
| \*Ω | JD Health <br> International, Inc.<br>| 829900 | 3938040 |
| \*Ω | JD Logistics, Inc. | 2335900 | 3663654 |
|  | JD.com, Inc. (9618 <br> HK), Class A<br>| 1581771 | 25753485 |
| # | JD.com, Inc. (JD US), <br> ADR<br>| 116630 | 3804471 |
|  | Jiangling Motors Corp. <br> Ltd., Class A<br>| 32100 | 83179 |
|  | Jiangsu Azure Corp., <br> Class A<br>| 37700 | 65990 |
|  | Jiangsu Broadcasting <br> Cable Information <br> Network Corp. Ltd., <br> Class A<br>| 316100 | 144157 |
|  | Jiangsu Changshu <br> Rural Commercial <br> Bank Co. Ltd., <br> Class A<br>| 258915 | 259063 |
|  | Jiangsu Eastern <br> Shenghong Co. Ltd., <br> Class A<br>| 179040 | 217012 |
|  | Jiangsu Expressway <br> Co. Ltd., Class H<br>| 1110000 | 1381264 |
|  | Jiangsu Financial <br> Leasing Co. Ltd., <br> Class A<br>| 154600 | 113651 |
|  | Jiangsu Guotai <br> International Group <br> Co. Ltd., Class A<br>| 100300 | 98881 |
|  | Jiangsu Guoxin Corp. <br> Ltd., Class A<br>| 88700 | 89635 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Jiangsu Haili Wind <br> Power Equipment <br> Technology Co. Ltd., <br> Class A<br>| 8000 | $66171 |
|  | Jiangsu Hengli <br> Hydraulic Co. Ltd., <br> Class A<br>| 48686 | 501341 |
|  | Jiangsu Hengrui <br> Pharmaceuticals Co. <br> Ltd., Class A<br>| 88675 | 623158 |
| \* | Jiangsu Hoperun <br> Software Co. Ltd., <br> Class A<br>| 25000 | 178828 |
|  | Jiangsu Jiangyin Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 100200 | 57237 |
|  | Jiangsu Jiejie <br> Microelectronics Co. <br> Ltd., Class A<br>| 37380 | 150689 |
|  | Jiangsu King's Luck <br> Brewery JSC Ltd., <br> Class A<br>| 67812 | 442486 |
|  | Jiangsu Lihua Foods <br> Group Co. Ltd.<br>| 49500 | 129358 |
|  | Jiangsu Linyang <br> Energy Co. Ltd., <br> Class A<br>| 150967 | 115107 |
|  | Jiangsu Nata <br> Opto-electronic <br> Material Co. Ltd., <br> Class A<br>| 26990 | 147017 |
|  | Jiangsu Nhwa <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 65800 | 202256 |
|  | Jiangsu Pacific Quartz <br> Co. Ltd., Class A<br>| 11352 | 50646 |
|  | Jiangsu Phoenix <br> Publishing & Media <br> Corp. Ltd., Class A<br>| 158200 | 255831 |
|  | Jiangsu Provincial <br> Agricultural <br> Reclamation & <br> Development Corp., <br> Class A<br>| 101600 | 136106 |
|  | Jiangsu Shagang Co. <br> Ltd., Class A<br>| 69200 | 55941 |
|  | Jiangsu Shemar <br> Electric Co. Ltd., <br> Class A<br>| 6900 | 22832 |
|  | Jiangsu Xinquan <br> Automotive Trim Co. <br> Ltd., Class A<br>| 27200 | 151166 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jiangsu Yanghe <br> Distillery Co. Ltd., <br> Class A<br>| 79190 | $748062 |
|  | Jiangsu Yangnong <br> Chemical Co. Ltd., <br> Class A<br>| 28756 | 204208 |
|  | Jiangsu Yoke <br> Technology Co. Ltd., <br> Class A<br>| 18462 | 140307 |
|  | Jiangsu Yuyue Medical <br> Equipment & Supply <br> Co. Ltd., Class A<br>| 59700 | 283307 |
|  | Jiangsu Zhongtian <br> Technology Co. Ltd., <br> Class A<br>| 159700 | 306746 |
|  | Jiangsu Zijin Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 169800 | 63168 |
|  | Jiangxi Copper Co. <br> Ltd., Class H<br>| 1161000 | 1950823 |
|  | Jiangxi Ganyue <br> Expressway Co. <br> Ltd., Class A<br>| 153500 | 108665 |
|  | Jiangxi Lianchuang <br> Optoelectronic <br> Science & <br> Technology Co. Ltd., <br> Class A<br>| 12900 | 96088 |
| \* | Jiangxi Special Electric <br> Motor Co. Ltd., <br> Class A<br>| 58800 | 56483 |
|  | Jiangzhong <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 35000 | 110348 |
|  | Jiayou International <br> Logistics Co. Ltd., <br> Class A<br>| 77140 | 147957 |
|  | Jihua Group Corp. <br> Ltd., Class A<br>| 243400 | 86516 |
|  | Jilin Aodong <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 84200 | 185334 |
|  | Jilin Electric Power Co. <br> Ltd., Class A<br>| 153400 | 112780 |
|  | Jinduicheng <br> Molybdenum Co. <br> Ltd., Class A<br>| 253400 | 342341 |
|  | Jinneng Holding <br> Shanxi Coal Industry <br> Co. Ltd., Class A<br>| 155000 | 236374 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | JiuGui Liquor Co. Ltd., <br> Class A<br>| 8800 | $51967 |
|  | Jizhong Energy <br> Resources Co. Ltd., <br> Class A<br>| 304000 | 261261 |
|  | Joincare <br> Pharmaceutical <br> Group Industry Co. <br> Ltd., Class A<br>| 119555 | 174522 |
|  | Jointown <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 357725 | 266490 |
|  | Jonjee Hi-Tech <br> Industrial & <br> Commercial Holding <br> Co. Ltd., Class A<br>| 28300 | 75147 |
|  | JSTI Group, Class A | 57800 | 70035 |
|  | Juneyao Airlines Co. <br> Ltd., Class A<br>| 206240 | 352332 |
|  | Kailuan Energy <br> Chemical Co. Ltd., <br> Class A<br>| 42900 | 35676 |
|  | Keboda Technology <br> Co. Ltd., Class A<br>| 11400 | 85131 |
|  | Keda Industrial Group <br> Co. Ltd., Class A<br>| 105200 | 131306 |
|  | Kehua Data Co. Ltd., <br> Class A<br>| 32100 | 187980 |
|  | KingClean Electric Co. <br> Ltd., Class A<br>| 18500 | 54161 |
|  | Kingfa Sci & Tech Co. <br> Ltd., Class A<br>| 156100 | 235926 |
|  | Kingnet Network Co. <br> Ltd., Class A<br>| 141300 | 330032 |
|  | Kingsemi Co. Ltd., <br> Class A<br>| 4797 | 62939 |
|  | Konfoong Materials <br> International Co. <br> Ltd., Class A<br>| 7400 | 76002 |
|  | KPC Pharmaceuticals, <br> Inc., Class A<br>| 42100 | 88702 |
| \*Ω | Kuaishou Technology | 2338900 | 15437419 |
|  | Kuang-Chi <br> Technologies Co. <br> Ltd., Class A<br>| 48900 | 284302 |
|  | Kunlun Energy Co. <br> Ltd.<br>| 5852000 | 5577980 |
|  | Kunlun Tech Co. Ltd., <br> Class A<br>| 28500 | 125188 |
|  | Kunshan Huguang <br> Auto Harness Co. <br> Ltd., Class A<br>| 20700 | 85622 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Kweichow Moutai Co. <br> Ltd., Class A<br>| 49893 | $10629720 |
|  | Lakala Payment Co. <br> Ltd., Class A<br>| 36800 | 107302 |
|  | Lao Feng Xiang Co. <br> Ltd., Class A<br>| 27700 | 183064 |
|  | Laobaixing Pharmacy <br> Chain JSC, Class A<br>| 36200 | 100189 |
|  | LB Group Co. Ltd., <br> Class A<br>| 145900 | 333304 |
|  | Leader Harmonious <br> Drive Systems Co. <br> Ltd., Class A<br>| 3212 | 65358 |
|  | Lens Technology Co. <br> Ltd., Class A<br>| 200200 | 575893 |
|  | Leo Group Co. Ltd., <br> Class A<br>| 305600 | 156911 |
|  | Levima Advanced <br> Materials Corp., <br> Class A<br>| 6500 | 13154 |
|  | Leyard Optoelectronic <br> Co. Ltd., Class A<br>| 143200 | 121304 |
| \* | Li Auto, Inc. (2015 <br> HK), Class A<br>| 363500 | 4429128 |
| #\* | Li Auto, Inc. (LI US), <br> ADR<br>| 105301 | 2568291 |
|  | Liaoning Cheng Da <br> Co. Ltd., Class A<br>| 71400 | 98258 |
|  | Lingyi iTech <br> Guangdong Co., <br> Class A<br>| 280018 | 308471 |
|  | Lizhong Sitong Light <br> Alloys Group Co. <br> Ltd., Class A<br>| 9300 | 21189 |
|  | Loncin Motor Co. Ltd., <br> Class A<br>| 111200 | 190744 |
| Ω | Longfor Group <br> Holdings Ltd.<br>| 1953000 | 2612278 |
|  | LONGi Green Energy <br> Technology Co. Ltd., <br> Class A<br>| 180388 | 365242 |
|  | Longshine Technology <br> Group Co. Ltd., <br> Class A<br>| 57600 | 111507 |
|  | Luenmei Quantum Co. <br> Ltd., Class A<br>| 87700 | 70880 |
|  | Luxi Chemical Group <br> Co. Ltd., Class A<br>| 151900 | 223484 |
|  | Luxshare Precision <br> Industry Co. Ltd., <br> Class A<br>| 368724 | 1569496 |
|  | Luzhou Laojiao Co. <br> Ltd., Class A<br>| 83029 | 1414852 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Mango Excellent Media <br> Co. Ltd., Class A<br>| 67592 | $211694 |
|  | Maxscend <br> Microelectronics Co. <br> Ltd., Class A<br>| 8600 | 88876 |
|  | Mayinglong <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 8900 | 31392 |
|  | Mehow Innovative Ltd., <br> Class A<br>| 5900 | 19223 |
|  | Meihua Holdings <br> Group Co. Ltd., <br> Class A<br>| 226400 | 341624 |
|  | Meinian Onehealth <br> Healthcare Holdings <br> Co. Ltd., Class A<br>| 167657 | 123148 |
| \*Ω | Meituan, Class B | 2176640 | 36039582 |
| # | Metallurgical Corp. of <br> China Ltd., Class H<br>| 2714000 | 513171 |
|  | Micro-Tech Nanjing Co. <br> Ltd., Class A<br>| 8087 | 66682 |
|  | Midea Group Co. Ltd., <br> Class A<br>| 274401 | 2782040 |
|  | Ming Yang Smart <br> Energy Group Ltd., <br> Class A<br>| 59404 | 83536 |
|  | MINISO Group Holding <br> Ltd.<br>| 4600 | 20681 |
|  | Minmetals Capital Co. <br> Ltd., Class A<br>| 164400 | 117542 |
|  | MLS Co. Ltd., Class A | 93400 | 101559 |
|  | Montage Technology <br> Co. Ltd., Class A<br>| 11001 | 116455 |
|  | Muyuan Foods Co. <br> Ltd., Class A<br>| 224357 | 1225680 |
|  | Nanjing Iron & Steel <br> Co. Ltd., Class A<br>| 670400 | 398761 |
|  | Nanjing King-Friend <br> Biochemical <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 44846 | 62827 |
|  | Nanjing Securities Co. <br> Ltd., Class A<br>| 124700 | 132897 |
| \* | Nanjing Tanker Corp., <br> Class A<br>| 382500 | 140571 |
|  | Nantong Jianghai <br> Capacitor Co. Ltd., <br> Class A<br>| 51600 | 129660 |
|  | NARI Technology Co. <br> Ltd., Class A<br>| 299642 | 914240 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | National Silicon <br> Industry Group Co. <br> Ltd., Class A<br>| 100256 | $241298 |
|  | NAURA Technology <br> Group Co. Ltd., <br> Class A<br>| 15000 | 932803 |
| \* | NavInfo Co. Ltd., <br> Class A<br>| 56250 | 64522 |
|  | NBTM New Materials <br> Group Co. Ltd., <br> Class A<br>| 23900 | 65860 |
|  | NetEase, Inc. (9999 <br> HK)<br>| 618100 | 13286895 |
|  | NetEase, Inc. (NTES <br> US), ADR<br>| 139207 | 14903501 |
|  | Neusoft Corp., <br> Class A<br>| 58300 | 80850 |
|  | New China Life <br> Insurance Co. Ltd., <br> Class H<br>| 987000 | 3604435 |
| \* | New Hope Liuhe Co. <br> Ltd., Class A<br>| 108366 | 143191 |
|  | Neway Valve Suzhou <br> Co. Ltd., Class A<br>| 50800 | 187611 |
|  | Newland Digital <br> Technology Co. Ltd., <br> Class A<br>| 58300 | 214982 |
| \* | Ninestar Corp., <br> Class A<br>| 33051 | 100181 |
|  | Ningbo Boway Alloy <br> Material Co. Ltd., <br> Class A<br>| 54200 | 129868 |
|  | Ningbo Huaxiang <br> Electronic Co. Ltd., <br> Class A<br>| 43700 | 100585 |
| \* | Ningbo Jifeng Auto <br> Parts Co. Ltd., <br> Class A<br>| 61400 | 104785 |
|  | Ningbo Joyson <br> Electronic Corp., <br> Class A<br>| 86200 | 195326 |
|  | Ningbo Orient Wires & <br> Cables Co. Ltd., <br> Class A<br>| 34742 | 241823 |
|  | Ningbo Ronbay New <br> Energy Technology <br> Co. Ltd., Class A<br>| 33961 | 93769 |
|  | Ningbo Sanxing <br> Medical Electric Co. <br> Ltd., Class A<br>| 108100 | 380714 |
|  | Ningbo Tuopu Group <br> Co. Ltd., Class A<br>| 63289 | 457638 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Ningbo Zhoushan Port <br> Co. Ltd., Class A<br>| 224800 | $110112 |
|  | Ningxia Baofeng <br> Energy Group Co. <br> Ltd., Class A<br>| 293000 | 646468 |
| \* | NIO, Inc. (9866 HK), <br> Class A<br>| 564740 | 2262034 |
| Ω | Nongfu Spring Co. <br> Ltd., Class H<br>| 1630200 | 7494340 |
|  | North Copper Co. Ltd., <br> Class A<br>| 117000 | 144647 |
|  | North Industries Group <br> Red Arrow Co. Ltd., <br> Class A<br>| 58100 | 134880 |
|  | Northeast Securities <br> Co. Ltd., Class A<br>| 120200 | 125359 |
|  | Novoray Corp., <br> Class A<br>| 2923 | 22310 |
|  | NYOCOR Co. Ltd., <br> Class A<br>| 105900 | 80208 |
| \* | Offcn Education <br> Technology Co. Ltd., <br> Class A<br>| 200012 | 82990 |
|  | Offshore Oil <br> Engineering Co. <br> Ltd., Class A<br>| 334000 | 244256 |
| \* | OFILM Group Co. Ltd., <br> Class A<br>| 182900 | 283578 |
|  | Olympic Circuit <br> Technology Co. Ltd., <br> Class A<br>| 27100 | 99451 |
|  | Oppein Home Group, <br> Inc., Class A<br>| 26695 | 243164 |
|  | Opple Lighting Co. <br> Ltd., Class A<br>| 20900 | 48582 |
|  | ORG Technology Co. <br> Ltd., Class A<br>| 165500 | 121769 |
|  | Orient Overseas <br> International Ltd.<br>| 125000 | 1746059 |
| #Ω | Orient Securities Co. <br> Ltd., Class H<br>| 837600 | 493303 |
| \* | Oriental Energy Co. <br> Ltd., Class A<br>| 95800 | 107906 |
|  | Oriental Pearl Group <br> Co. Ltd., Class A<br>| 141200 | 143415 |
| \* | Ourpalm Co. Ltd., <br> Class A<br>| 109500 | 72602 |
|  | Ovctek China, Inc., <br> Class A<br>| 9826 | 19913 |
| \* | Pacific Securities Co. <br> Ltd., Class A<br>| 266700 | 131405 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Pacific Shuanglin <br> Bio-pharmacy Co. <br> Ltd., Class A<br>| 22800 | $68807 |
| \* | Pangang Group <br> Vanadium Titanium <br> & Resources Co. <br> Ltd., Class A<br>| 470200 | 165065 |
|  | PCI Technology Group <br> Co. Ltd., Class A<br>| 63800 | 45547 |
| \* | PDD Holdings, Inc., <br> ADR<br>| 380474 | 40166640 |
|  | People.cn Co. Ltd., <br> Class A<br>| 36600 | 99859 |
|  | People's Insurance Co. <br> Group of China Ltd. <br> , Class H<br>| 6665000 | 3944454 |
|  | Perfect World Co. Ltd., <br> Class A<br>| 64785 | 121408 |
|  | PetroChina Co. Ltd., <br> Class H<br>| 19168000 | 14646998 |
|  | PICC Property & <br> Casualty Co. Ltd., <br> Class H<br>| 5469198 | 10071196 |
|  | Ping An Bank Co. Ltd., <br> Class A<br>| 587500 | 883247 |
| # | Ping An Insurance <br> Group Co. of China <br> Ltd., Class H<br>| 5254000 | 31445358 |
|  | Pingdingshan Tianan <br> Coal Mining Co. <br> Ltd., Class A<br>| 229700 | 259951 |
|  | POCO Holding Co. <br> Ltd., Class A<br>| 11000 | 61280 |
| \* | Polaris Bay Group Co. <br> Ltd., Class A<br>| 93600 | 81821 |
| Ω | Pop Mart International <br> Group Ltd.<br>| 446600 | 11138759 |
| Ω | Postal Savings Bank of <br> China Co. Ltd., <br> Class H<br>| 6061000 | 3726193 |
|  | Power Construction <br> Corp. of China Ltd., <br> Class A<br>| 720611 | 468526 |
| \* | Qi An Xin Technology <br> Group, Inc., Class A<br>| 32698 | 139250 |
|  | Qianhe Condiment & <br> Food Co. Ltd., <br> Class A<br>| 10600 | 16433 |
|  | Qingdao Haier <br> Biomedical Co. Ltd., <br> Class A<br>| 6715 | 29139 |
|  | Qingdao Hanhe Cable <br> Co. Ltd., Class A<br>| 208800 | 91771 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Qingdao Huicheng <br> Environmental <br> Technology Group <br> Co. Ltd., Class A<br>| 3500 | $65629 |
| Ω | Qingdao Port <br> International Co. <br> Ltd., Class H<br>| 250000 | 180719 |
|  | Qingdao Rural <br> Commercial Bank <br> Corp., Class A<br>| 379429 | 163672 |
|  | Qingdao Sentury Tire <br> Co. Ltd., Class A<br>| 75100 | 191240 |
|  | Qingdao TGOOD <br> Electric Co. Ltd., <br> Class A<br>| 54800 | 174599 |
| \* | Qinghai Salt Lake <br> Industry Co. Ltd., <br> Class A<br>| 273600 | 601739 |
| \* | QuantumCTek Co. <br> Ltd., Class A<br>| 1989 | 65743 |
|  | Quectel Wireless <br> Solutions Co. Ltd., <br> Class A<br>| 10400 | 107830 |
|  | Range Intelligent <br> Computing <br> Technology Group <br> Co. Ltd., Class A<br>| 25200 | 167929 |
|  | Raytron Technology <br> Co. Ltd., Class A<br>| 21575 | 166128 |
|  | Red Avenue New <br> Materials Group Co. <br> Ltd., Class A<br>| 23300 | 102914 |
| \* | Rising Nonferrous <br> Metals Share Co. <br> Ltd., Class A<br>| 3100 | 15376 |
|  | Riyue Heavy Industry <br> Co. Ltd., Class A<br>| 51800 | 84942 |
|  | RoboTechnik Intelligent <br> Technology Co. Ltd., <br> Class A<br>| 4300 | 77606 |
|  | Rockchip Electronics <br> Co. Ltd., Class A<br>| 7100 | 167168 |
|  | Rongsheng <br> Petrochemical Co. <br> Ltd., Class A<br>| 521394 | 597867 |
| \* | Roshow Technology <br> Co. Ltd., Class A<br>| 86882 | 85419 |
| \* | Sai Micro Electronics, <br> Inc., Class A<br>| 29700 | 66734 |
|  | SAIC Motor Corp. Ltd., <br> Class A<br>| 214845 | 481103 |
|  | Sailun Group Co. Ltd., <br> Class A<br>| 260200 | 438006 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sanan Optoelectronics <br> Co. Ltd., Class A<br>| 211300 | $357586 |
|  | Sangfor Technologies, <br> Inc., Class A<br>| 13200 | 179238 |
|  | Sanquan Food Co. <br> Ltd., Class A<br>| 33000 | 52376 |
|  | Sansure Biotech, Inc., <br> Class A<br>| 24500 | 66883 |
|  | Sanwei Holding Group <br> Co. Ltd., Class A<br>| 43500 | 65484 |
|  | Sany Heavy Industry <br> Co. Ltd., Class A<br>| 286434 | 746237 |
|  | Satellite Chemical Co. <br> Ltd., Class A<br>| 329961 | 824906 |
|  | SDIC Capital Co. Ltd., <br> Class A<br>| 190204 | 179196 |
|  | SDIC Power Holdings <br> Co. Ltd., Class A<br>| 285800 | 592025 |
|  | Sealand Securities Co. <br> Ltd., Class A<br>| 369790 | 194012 |
|  | Seres Group Co. Ltd., <br> Class A<br>| 57600 | 1035338 |
|  | SF Holding Co. Ltd., <br> Class A<br>| 294361 | 1763608 |
|  | SG Micro Corp., <br> Class A<br>| 6515 | 90882 |
|  | Shaanxi Beiyuan <br> Chemical Industry <br> Group Co. Ltd., <br> Class A<br>| 175500 | 101715 |
|  | Shaanxi Coal Industry <br> Co. Ltd., Class A<br>| 567700 | 1498966 |
|  | Shaanxi Construction <br> Engineering Group <br> Corp. Ltd., Class A<br>| 261800 | 141248 |
|  | Shan Xi Hua Yang <br> Group New Energy <br> Co. Ltd., Class A<br>| 322150 | 290597 |
|  | Shandong Buchang <br> Pharmaceuticals Co. <br> Ltd., Class A<br>| 60500 | 131429 |
| Ω | Shandong Gold Mining <br> Co. Ltd., Class H<br>| 617750 | 1819880 |
|  | Shandong Himile <br> Mechanical Science <br> & Technology Co. <br> Ltd., Class A<br>| 80700 | 631069 |
|  | Shandong Hi-speed <br> Co. Ltd., Class A<br>| 59700 | 89018 |
|  | Shandong Hualu <br> Hengsheng <br> Chemical Co. Ltd., <br> Class A<br>| 139650 | 392145 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shandong Humon <br> Smelting Co. Ltd., <br> Class A<br>| 71200 | $106250 |
|  | Shandong Linglong <br> Tyre Co. Ltd., <br> Class A<br>| 105800 | 207577 |
|  | Shandong Nanshan <br> Aluminum Co. Ltd., <br> Class A<br>| 855210 | 430099 |
|  | Shandong <br> Pharmaceutical <br> Glass Co. Ltd., <br> Class A<br>| 53700 | 164132 |
|  | Shandong Publishing & <br> Media Co. Ltd., <br> Class A<br>| 95200 | 128682 |
|  | Shandong Sun Paper <br> Industry JSC Ltd., <br> Class A<br>| 265450 | 511818 |
|  | Shandong Weifang <br> Rainbow Chemical <br> Co. Ltd., Class A<br>| 14600 | 105791 |
|  | Shandong Yisheng <br> Livestock & Poultry <br> Breeding Co. Ltd., <br> Class A<br>| 44400 | 50607 |
| \* | Shanghai Aiko Solar <br> Energy Co. Ltd., <br> Class A<br>| 84800 | 122740 |
|  | Shanghai Allist <br> Pharmaceuticals Co. <br> Ltd., Class A<br>| 15788 | 190019 |
|  | Shanghai Bailian <br> Group Co. Ltd., <br> Class A<br>| 116800 | 153924 |
| \* | Shanghai Bairun <br> Investment Holding <br> Group Co. Ltd., <br> Class A<br>| 47236 | 169947 |
|  | Shanghai Baosight <br> Software Co. Ltd., <br> Class A<br>| 89518 | 331537 |
|  | Shanghai Belling Co. <br> Ltd., Class A<br>| 18000 | 87001 |
|  | Shanghai BOCHU <br> Electronic <br> Technology Corp. <br> Ltd., Class A<br>| 4981 | 133425 |
|  | Shanghai Chinafortune <br> Co. Ltd., Class A<br>| 51500 | 95131 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai Construction <br> Group Co. Ltd., <br> Class A<br>| 635276 | $210627 |
|  | Shanghai Daimay <br> Automotive Interior <br> Co. Ltd., Class A<br>| 59660 | 65765 |
| \* | Shanghai DZH Ltd., <br> Class A<br>| 46200 | 54368 |
| #\* | Shanghai Electric <br> Group Co. Ltd., <br> Class H<br>| 2092000 | 687420 |
|  | Shanghai Electric <br> Power Co. Ltd., <br> Class A<br>| 157200 | 193460 |
|  | Shanghai Environment <br> Group Co. Ltd., <br> Class A<br>| 79098 | 85669 |
|  | Shanghai Fosun <br> Pharmaceutical <br> Group Co. Ltd., <br> Class H<br>| 386500 | 695078 |
|  | Shanghai Fullhan <br> Microelectronics Co. <br> Ltd., Class A<br>| 9500 | 63364 |
|  | Shanghai Gentech Co. <br> Ltd., Class A<br>| 4961 | 25449 |
|  | Shanghai Hanbell <br> Precise Machinery <br> Co. Ltd., Class A<br>| 18100 | 41352 |
|  | Shanghai Huace <br> Navigation <br> Technology Ltd., <br> Class A<br>| 17900 | 104854 |
|  | Shanghai Huafon <br> Aluminium Corp., <br> Class A<br>| 69300 | 162872 |
|  | Shanghai Huayi Group <br> Co. Ltd., Class A<br>| 131700 | 123378 |
|  | Shanghai International <br> Airport Co. Ltd., <br> Class A<br>| 31700 | 139986 |
|  | Shanghai Jahwa <br> United Co. Ltd., <br> Class A<br>| 26300 | 84754 |
|  | Shanghai Jinjiang <br> International Hotels <br> Co. Ltd., Class A<br>| 51700 | 170973 |
|  | Shanghai Jinqiao <br> Export Processing <br> Zone Development <br> Co. Ltd., Class A<br>| 45700 | 65826 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Shanghai Lingang <br> Holdings Corp. Ltd., <br> Class A<br>| 109060 | $136525 |
| Shanghai Lujiazui <br> Finance & Trade <br> Zone Development <br> Co. Ltd., Class A<br>| 41220 | 49924 |
| Shanghai M&G <br> Stationery, Inc., <br> Class A<br>| 16569 | 67040 |
| Shanghai Mechanical <br> & Electrical Industry <br> Co. Ltd., Class A<br>| 39900 | 121986 |
| Shanghai MicroPort <br> Endovascular <br> MedTech Group Co. <br> Ltd., Class A<br>| 3317 | 38622 |
| Shanghai Moons' <br> Electric Co. Ltd., <br> Class A<br>| 10400 | 94254 |
| Shanghai <br> Pharmaceuticals <br> Holding Co. Ltd., <br> Class H<br>| 648400 | 886703 |
| Shanghai Pret <br> Composites Co. Ltd., <br> Class A<br>| 35800 | 51054 |
| Shanghai Pudong <br> Development Bank <br> Co. Ltd., Class A<br>| 882471 | 1331226 |
| Shanghai Putailai New <br> Energy Technology <br> Co. Ltd., Class A<br>| 77056 | 178361 |
| Shanghai RAAS Blood <br> Products Co. Ltd., <br> Class A<br>| 203700 | 188377 |
| Shanghai Runda <br> Medical Technology <br> Co. Ltd., Class A<br>| 9600 | 23860 |
| Shanghai Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 331200 | 383182 |
| Shanghai Shyndec <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 81100 | 114291 |
| Shanghai Sinyang <br> Semiconductor <br> Materials Co. Ltd., <br> Class A<br>| 9700 | 50221 |
| Shanghai Stonehill <br> Technology Co. Ltd., <br> Class A<br>| 315000 | 225341 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai Tunnel <br> Engineering Co. <br> Ltd., Class A<br>| 221400 | $181330 |
|  | Shanghai Waigaoqiao <br> Free Trade Zone <br> Group Co. Ltd., <br> Class A<br>| 52400 | 81007 |
|  | Shanghai Wanye <br> Enterprises Co. Ltd., <br> Class A<br>| 48700 | 96756 |
|  | Shanghai Yuyuan <br> Tourist Mart Group <br> Co. Ltd., Class A<br>| 162659 | 125833 |
|  | Shanghai Zhangjiang <br> High-Tech Park <br> Development Co. <br> Ltd., Class A<br>| 102000 | 367548 |
|  | Shanghai Zhenhua <br> Heavy Industries Co. <br> Ltd., Class A<br>| 186000 | 109163 |
| \* | Shanghai Zhonggu <br> Logistics Co. Ltd., <br> Class A<br>| 153299 | 227028 |
|  | Shanjin International <br> Gold Co. Ltd., <br> Class A<br>| 195817 | 550478 |
|  | Shannon <br> Semiconductor <br> Technology Co. Ltd., <br> Class A<br>| 19700 | 83472 |
|  | Shantui Construction <br> Machinery Co. Ltd., <br> Class A<br>| 94700 | 113754 |
|  | Shanxi Coal <br> International Energy <br> Group Co. Ltd., <br> Class A<br>| 158900 | 207191 |
|  | Shanxi Coking Coal <br> Energy Group Co. <br> Ltd., Class A<br>| 398830 | 351983 |
|  | Shanxi Lu'an <br> Environmental <br> Energy Development <br> Co. Ltd., Class A<br>| 256030 | 385131 |
| \* | Shanxi Meijin Energy <br> Co. Ltd., Class A<br>| 225117 | 130238 |
|  | Shanxi Securities Co. <br> Ltd., Class A<br>| 165980 | 129103 |
| \* | Shanxi Taigang <br> Stainless Steel Co. <br> Ltd., Class A<br>| 331600 | 161081 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanxi Xinghuacun <br> Fen Wine Factory <br> Co. Ltd., Class A<br>| 50207 | $1411174 |
|  | Sharetronic Data <br> Technology Co. Ltd., <br> Class A<br>| 8700 | 126669 |
|  | Shede Spirits Co. Ltd., <br> Class A<br>| 11300 | 88289 |
|  | Shenghe Resources <br> Holding Co. Ltd., <br> Class A<br>| 109500 | 159603 |
| \* | Shengyi Electronics <br> Co. Ltd., Class A<br>| 8718 | 31232 |
|  | Shengyi Technology <br> Co. Ltd., Class A<br>| 59100 | 198318 |
|  | Shennan Circuits Co. <br> Ltd., Class A<br>| 16082 | 242630 |
| Ω | Shenwan Hongyuan <br> Group Co. Ltd., <br> Class H<br>| 1400000 | 370822 |
|  | Shenzhen Agricultural <br> Power Group Co. <br> Ltd., Class A<br>| 91400 | 79811 |
|  | Shenzhen Airport Co. <br> Ltd., Class A<br>| 135900 | 126733 |
|  | Shenzhen Aisidi Co. <br> Ltd., Class A<br>| 83700 | 133968 |
|  | Shenzhen Capchem <br> Technology Co. Ltd., <br> Class A<br>| 34840 | 152441 |
|  | Shenzhen Energy <br> Group Co. Ltd., <br> Class A<br>| 257619 | 227060 |
|  | Shenzhen Envicool <br> Technology Co. Ltd., <br> Class A<br>| 30350 | 133013 |
| \* | Shenzhen Everwin <br> Precision <br> Technology Co. Ltd., <br> Class A<br>| 77700 | 230951 |
|  | Shenzhen Fastprint <br> Circuit Tech Co. Ltd., <br> Class A<br>| 75000 | 129349 |
|  | Shenzhen Fortune <br> Trend Technology <br> Co. Ltd., Class A<br>| 4516 | 84450 |
|  | Shenzhen FRD <br> Science & <br> Technology Co. Ltd., <br> Class A<br>| 8600 | 23175 |
|  | Shenzhen Gas Corp. <br> Ltd., Class A<br>| 177500 | 155934 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen Goodix <br> Technology Co. Ltd., <br> Class A<br>| 16200 | $156626 |
|  | Shenzhen H&T <br> Intelligent Control <br> Co. Ltd., Class A<br>| 44700 | 120805 |
|  | Shenzhen Huaqiang <br> Industry Co. Ltd., <br> Class A<br>| 41400 | 145892 |
|  | Shenzhen Inovance <br> Technology Co. Ltd., <br> Class A<br>| 40500 | 398652 |
|  | Shenzhen Kaifa <br> Technology Co. Ltd., <br> Class A<br>| 101000 | 249388 |
|  | Shenzhen Kangtai <br> Biological Products <br> Co. Ltd., Class A<br>| 17240 | 32344 |
|  | Shenzhen Kedali <br> Industry Co. Ltd., <br> Class A<br>| 16766 | 304032 |
|  | Shenzhen Kingdom <br> Sci-Tech Co. Ltd., <br> Class A<br>| 32900 | 66859 |
|  | Shenzhen Kinwong <br> Electronic Co. Ltd., <br> Class A<br>| 87364 | 336032 |
|  | Shenzhen Kstar <br> Science & <br> Technology Co. Ltd., <br> Class A<br>| 37800 | 117307 |
|  | Shenzhen Megmeet <br> Electrical Co. Ltd., <br> Class A<br>| 25700 | 153619 |
|  | Shenzhen Mindray <br> Bio-Medical <br> Electronics Co. Ltd., <br> Class A<br>| 44873 | 1357134 |
|  | Shenzhen MTC Co. <br> Ltd., Class A<br>| 411800 | 244537 |
|  | Shenzhen New <br> Industries <br> Biomedical <br> Engineering Co. <br> Ltd., Class A<br>| 26100 | 188279 |
| \* | Shenzhen Overseas <br> Chinese Town Co. <br> Ltd., Class A<br>| 62980 | 20494 |
|  | Shenzhen Salubris <br> Pharmaceuticals Co. <br> Ltd., Class A<br>| 35500 | 199918 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen SC New <br> Energy Technology <br> Corp., Class A<br>| 21859 | $165463 |
|  | Shenzhen SED <br> Industry Co. Ltd., <br> Class A<br>| 62800 | 195259 |
|  | Shenzhen Senior <br> Technology Material <br> Co. Ltd., Class A<br>| 93752 | 117376 |
|  | Shenzhen Sunlord <br> Electronics Co. Ltd., <br> Class A<br>| 53300 | 204615 |
|  | Shenzhen Suntak <br> Circuit Technology <br> Co. Ltd., Class A<br>| 65500 | 91005 |
|  | Shenzhen Sunway <br> Communication Co. <br> Ltd., Class A<br>| 68700 | 188903 |
|  | Shenzhen Topband <br> Co. Ltd., Class A<br>| 64000 | 123404 |
|  | Shenzhen Transsion <br> Holdings Co. Ltd., <br> Class A<br>| 38786 | 400918 |
|  | Shenzhen Woer <br> Heat-Shrinkable <br> Material Co. Ltd., <br> Class A<br>| 65400 | 165671 |
|  | Shenzhen Yan Tian <br> Port Holding Co. <br> Ltd., Class A<br>| 59100 | 36865 |
|  | Shenzhen Yinghe <br> Technology Co. Ltd., <br> Class A<br>| 41400 | 94054 |
|  | Shenzhen YUTO <br> Packaging <br> Technology Co. Ltd., <br> Class A<br>| 65371 | 186546 |
|  | Shenzhen Zhaowei <br> Machinery & <br> Electronic Co. Ltd., <br> Class A<br>| 6200 | 108632 |
|  | Shenzhen Zhongjin <br> Lingnan Nonfemet <br> Co. Ltd., Class A<br>| 304014 | 186835 |
|  | Shenzhou International <br> Group Holdings Ltd.<br>| 760800 | 5273637 |
| \* | Shijiazhuang <br> Changshan BeiMing <br> Technology Co. Ltd., <br> Class A<br>| 55600 | 172520 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shijiazhuang Yiling <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 74056 | $140140 |
| \* | Siasun Robot & <br> Automation Co. Ltd., <br> Class A<br>| 53400 | 122807 |
|  | Sichuan Changhong <br> Electric Co. Ltd., <br> Class A<br>| 222305 | 321558 |
|  | Sichuan Chuantou <br> Energy Co. Ltd., <br> Class A<br>| 183800 | 429837 |
|  | Sichuan Development <br> Lomon Co. Ltd., <br> Class A<br>| 85000 | 129043 |
|  | Sichuan Hebang <br> Biotechnology Co. <br> Ltd., Class A<br>| 579500 | 134908 |
|  | Sichuan Hexie <br> Shuangma Co. Ltd., <br> Class A<br>| 45400 | 98149 |
| \* | Sichuan Hongda Co. <br> Ltd., Class A<br>| 110900 | 101644 |
|  | Sichuan Jiuzhou <br> Electric Co. Ltd., <br> Class A<br>| 31800 | 66457 |
|  | Sichuan Kelun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 129301 | 645055 |
| \* | Sichuan Kelun-Biotech <br> Biopharmaceutical <br> Co. Ltd.<br>| 3500 | 149725 |
|  | Sichuan New Energy <br> Power Co. Ltd., <br> Class A<br>| 85800 | 120761 |
|  | Sichuan Road & <br> Bridge Group Co. <br> Ltd., Class A<br>| 429140 | 513269 |
|  | Sichuan Swellfun Co. <br> Ltd., Class A<br>| 29400 | 184376 |
|  | Sichuan Teway Food <br> Group Co. Ltd., <br> Class A<br>| 41600 | 64264 |
|  | Sichuan Yahua <br> Industrial Group Co. <br> Ltd., Class A<br>| 60500 | 93188 |
|  | Sieyuan Electric Co. <br> Ltd., Class A<br>| 49100 | 487046 |
|  | Sino <br> Biopharmaceutical <br> Ltd.<br>| 11298500 | 5674097 |
|  | Sinocare, Inc., Class A | 24606 | 69967 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sinofibers Technology <br> Co. Ltd., Class A<br>| 14600 | $71383 |
|  | Sinolink Securities Co. <br> Ltd., Class A<br>| 150200 | 168084 |
|  | Sinoma International <br> Engineering Co., <br> Class A<br>| 254900 | 321759 |
|  | Sinoma Science & <br> Technology Co. Ltd., <br> Class A<br>| 89494 | 169285 |
|  | Sinomach Automobile <br> Co. Ltd., Class A<br>| 31900 | 27811 |
| \* | Sinomach Heavy <br> Equipment Group <br> Co. Ltd., Class A<br>| 123200 | 47844 |
|  | Sinomine Resource <br> Group Co. Ltd., <br> Class A<br>| 22900 | 91749 |
|  | Sinopharm Group Co. <br> Ltd., Class H<br>| 896000 | 2111646 |
|  | Sinosoft Co. Ltd., <br> Class A<br>| 52192 | 137260 |
|  | Sinotruk Jinan Truck <br> Co. Ltd., Class A<br>| 80400 | 188081 |
|  | Skshu Paint Co. Ltd., <br> Class A<br>| 16707 | 111398 |
|  | Skyworth Digital Co. <br> Ltd., Class A<br>| 38300 | 59123 |
| Ω | Smoore International <br> Holdings Ltd.<br>| 996000 | 1723894 |
|  | Songcheng <br> Performance <br> Development Co. <br> Ltd., Class A<br>| 41100 | 52898 |
|  | Sonoscape Medical <br> Corp., Class A<br>| 3400 | 14527 |
|  | SooChow Securities <br> Co. Ltd., Class A<br>| 194450 | 209297 |
|  | Southern Publishing & <br> Media Co. Ltd., <br> Class A<br>| 60300 | 137009 |
|  | Southwest Securities <br> Co. Ltd., Class A<br>| 356836 | 202349 |
|  | SPIC Industry-Finance <br> Holdings Co. Ltd., <br> Class A<br>| 162300 | 143168 |
|  | Spring Airlines Co. <br> Ltd., Class A<br>| 52800 | 389545 |
|  | Star Lake Bioscience <br> Co., Inc. Zhaoqing <br> Guangdong, <br> Class A<br>| 121700 | 126680 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | StarPower <br> Semiconductor Ltd., <br> Class A<br>| 7860 | $89234 |
|  | State Grid Information <br> & Communication <br> Co. Ltd., Class A<br>| 75800 | 188863 |
|  | State Grid Yingda Co. <br> Ltd., Class A<br>| 67900 | 45358 |
|  | STO Express Co. Ltd., <br> Class A<br>| 117700 | 173201 |
|  | Sumec Corp. Ltd., <br> Class A<br>| 97700 | 127281 |
|  | Sungrow Power Supply <br> Co. Ltd., Class A<br>| 77820 | 649714 |
|  | Sunny Optical <br> Technology Group <br> Co. Ltd.<br>| 548200 | 4612694 |
|  | Sunresin New <br> Materials Co. Ltd., <br> Class A<br>| 30700 | 183886 |
|  | Sunshine Guojian <br> Pharmaceutical <br> Shanghai Co. Ltd., <br> Class A<br>| 5234 | 20979 |
|  | Sunwoda Electronic <br> Co. Ltd., Class A<br>| 77500 | 202685 |
|  | Suofeiya Home <br> Collection Co. Ltd., <br> Class A<br>| 30900 | 64804 |
|  | SUPCON Technology <br> Co. Ltd., Class A<br>| 18947 | 123190 |
|  | Suzhou Dongshan <br> Precision <br> Manufacturing Co. <br> Ltd., Class A<br>| 167300 | 595358 |
|  | Suzhou Maxwell <br> Technologies Co. <br> Ltd., Class A<br>| 9561 | 91680 |
|  | Suzhou TFC Optical <br> Communication Co. <br> Ltd., Class A<br>| 22400 | 215203 |
| \* | Suzhou Zelgen <br> Biopharmaceutical <br> Co. Ltd., Class A<br>| 6324 | 94136 |
|  | Taiji Computer Corp. <br> Ltd., Class A<br>| 29200 | 96918 |
| \* | Talkweb Information <br> System Co. Ltd., <br> Class A<br>| 26200 | 119954 |
| \* | Tangshan Jidong <br> Cement Co. Ltd., <br> Class A<br>| 152300 | 99322 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | TangShan Port Group <br> Co. Ltd., Class A<br>| 531500 | $293634 |
|  | Tasly Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 89600 | 187792 |
|  | TBEA Co. Ltd., <br> Class A<br>| 291720 | 463182 |
|  | TCL Technology Group <br> Corp., Class A<br>| 893498 | 509921 |
|  | TCL Zhonghuan <br> Renewable Energy <br> Technology Co. Ltd., <br> Class A<br>| 65600 | 69209 |
|  | Telling <br> Telecommunication <br> Holding Co. Ltd., <br> Class A<br>| 17500 | 23368 |
|  | Tencent Holdings Ltd. | 3712900 | 227418623 |
|  | Tencent Music <br> Entertainment <br> Group, ADR<br>| 557494 | 7481569 |
|  | Thunder Software <br> Technology Co. Ltd., <br> Class A<br>| 10200 | 78502 |
|  | Tian Di Science & <br> Technology Co. Ltd., <br> Class A<br>| 466820 | 398356 |
| \* | Tianfeng Securities Co. <br> Ltd., Class A<br>| 301300 | 161840 |
|  | Tianjin Chase Sun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 145700 | 67905 |
|  | Tianjin Pharmaceutical <br> Da Re Tang Group <br> Corp. Ltd., Class A<br>| 26400 | 107351 |
|  | Tianjin Port Co. Ltd., <br> Class A<br>| 173804 | 105855 |
| \* | Tianma <br> Microelectronics Co. <br> Ltd., Class A<br>| 79055 | 86858 |
|  | Tianneng Battery <br> Group Co. Ltd., <br> Class A<br>| 23919 | 85474 |
|  | Tianshan Aluminum <br> Group Co. Ltd., <br> Class A<br>| 396700 | 406979 |
|  | TianShan Material Co. <br> Ltd., Class A<br>| 100900 | 68171 |
|  | Tianshui Huatian <br> Technology Co. Ltd., <br> Class A<br>| 110800 | 141532 |
|  | Tibet Huayu Mining <br> Co. Ltd., Class A<br>| 25700 | 62861 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Tibet Mineral <br> Development Co. <br> Ltd., Class A<br>| 24700 | $63048 |
|  | Tibet Rhodiola <br> Pharmaceutical <br> Holding Co., <br> Class A<br>| 17210 | 84120 |
|  | Tingyi Cayman Islands <br> Holding Corp.<br>| 2038000 | 3681303 |
|  | Tofflon Science & <br> Technology Group <br> Co. Ltd., Class A<br>| 25300 | 40978 |
|  | TongFu <br> Microelectronics Co. <br> Ltd., Class A<br>| 130600 | 460672 |
|  | Tonghua Dongbao <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 130100 | 129523 |
| \* | Tonghua Golden-Horse <br> Pharmaceutical <br> Industry Co. Ltd., <br> Class A<br>| 20200 | 48646 |
|  | Tongkun Group Co. <br> Ltd., Class A<br>| 147609 | 221173 |
|  | Tongling Jingda <br> Special Magnet Wire <br> Co. Ltd., Class A<br>| 62800 | 58035 |
|  | Tongling Nonferrous <br> Metals Group Co. <br> Ltd., Class A<br>| 1010500 | 440088 |
|  | Tongwei Co. Ltd., <br> Class A<br>| 209300 | 470164 |
|  | Topchoice Medical <br> Corp., Class A<br>| 18510 | 102442 |
| \* | TPV Technology Co. <br> Ltd., Class A<br>| 236100 | 75077 |
|  | Transfar Zhilian Co. <br> Ltd., Class A<br>| 165100 | 119354 |
|  | Triangle Tyre Co. Ltd., <br> Class A<br>| 47200 | 88025 |
|  | Trina Solar Co. Ltd., <br> Class A<br>| 93219 | 168258 |
|  | Trip.com Group Ltd. <br> (9961 HK)<br>| 99700 | 6006007 |
|  | Trip.com Group Ltd. <br> (TCOM US), ADR<br>| 293024 | 17285486 |
|  | TRS Information <br> Technology Corp. <br> Ltd., Class A<br>| 23800 | 60380 |
| \* | Tsinghua Tongfang Co. <br> Ltd., Class A<br>| 144100 | 138257 |
|  | Tsingtao Brewery Co. <br> Ltd., Class H<br>| 592000 | 4183353 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Unigroup Guoxin <br> Microelectronics Co. <br> Ltd., Class A<br>| 21199 | $187087 |
|  | Unisplendour Corp. <br> Ltd., Class A<br>| 174660 | 606538 |
|  | Universal Scientific <br> Industrial Shanghai <br> Co. Ltd., Class A<br>| 110389 | 210822 |
|  | Venustech Group, Inc., <br> Class A<br>| 29500 | 62926 |
| \* | Verisilicon <br> Microelectronics <br> Shanghai Co. Ltd., <br> Class A<br>| 5590 | 74096 |
|  | Victory Giant <br> Technology Huizhou <br> Co. Ltd., Class A<br>| 61300 | 624836 |
|  | Vipshop Holdings Ltd., <br> ADR<br>| 437747 | 5962114 |
| \* | Visionox Technology, <br> Inc., Class A<br>| 49700 | 58582 |
|  | Walvax Biotechnology <br> Co. Ltd., Class A<br>| 54900 | 75721 |
| \* | Wanda Film Holding <br> Co. Ltd., Class A<br>| 94900 | 147131 |
|  | Wangsu Science & <br> Technology Co. Ltd., <br> Class A<br>| 165500 | 267394 |
|  | Wanhua Chemical <br> Group Co. Ltd., <br> Class A<br>| 185000 | 1387920 |
|  | Want Want China <br> Holdings Ltd.<br>| 1982000 | 1297048 |
|  | Wanxiang Qianchao <br> Co. Ltd., Class A<br>| 217200 | 194609 |
|  | Wasu Media Holding <br> Co. Ltd., Class A<br>| 99500 | 105604 |
|  | Weichai Power Co. <br> Ltd., Class H<br>| 2380800 | 4644702 |
|  | Weifu High-Technology <br> Group Co. Ltd., <br> Class A<br>| 48000 | 129051 |
|  | Weihai Guangwei <br> Composites Co. Ltd., <br> Class A<br>| 43726 | 174991 |
|  | Wens Foodstuff Group <br> Co. Ltd., Class A<br>| 205180 | 478829 |
|  | Western Mining Co. <br> Ltd., Class A<br>| 148200 | 314405 |
| \* | Western Region Gold <br> Co. Ltd., Class A<br>| 27500 | 61332 |
|  | Western Securities Co. <br> Ltd., Class A<br>| 238600 | 247524 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Western <br> Superconducting <br> Technologies Co. <br> Ltd., Class A<br>| 29292 | $189477 |
|  | Will Semiconductor Co. <br> Ltd. Shanghai, <br> Class A<br>| 12821 | 232881 |
|  | Willfar Information <br> Technology Co. Ltd., <br> Class A<br>| 12148 | 60156 |
|  | Wingtech Technology <br> Co. Ltd., Class A<br>| 32548 | 156322 |
|  | Winner Medical Co. <br> Ltd., Class A<br>| 23997 | 172641 |
|  | Winning Health <br> Technology Group <br> Co. Ltd., Class A<br>| 125560 | 176915 |
|  | Wolong Electric Group <br> Co. Ltd., Class A<br>| 126200 | 446094 |
|  | Wuchan Zhongda <br> Group Co. Ltd., <br> Class A<br>| 358650 | 251237 |
|  | Wuhan Dr. Laser <br> Technology Corp. <br> Ltd., Class A<br>| 13400 | 106422 |
|  | Wuhan East Lake High <br> Technology Group <br> Co. Ltd., Class A<br>| 19200 | 23227 |
|  | Wuhan Guide Infrared <br> Co. Ltd., Class A<br>| 44693 | 50748 |
|  | Wuhan Jingce <br> Electronic Group Co. <br> Ltd., Class A<br>| 9800 | 82219 |
|  | Wuhan Raycus Fiber <br> Laser Technologies <br> Co. Ltd., Class A<br>| 19400 | 47727 |
|  | Wuhu Token Science <br> Co. Ltd., Class A<br>| 146800 | 114869 |
|  | Wuliangye Yibin Co. <br> Ltd., Class A<br>| 204106 | 3617383 |
|  | WUS Printed Circuit <br> Kunshan Co. Ltd., <br> Class A<br>| 151200 | 585006 |
| #Ω | WuXi AppTec Co. Ltd., <br> Class H<br>| 257760 | 1992123 |
| \*Ω | Wuxi Biologics <br> Cayman, Inc.<br>| 2630000 | 7638645 |
|  | Wuxi Lead Intelligent <br> Equipment Co. Ltd., <br> Class A<br>| 37100 | 101842 |
|  | Wuxi NCE Power Co. <br> Ltd., Class A<br>| 16400 | 69927 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Wuxi Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 110000 | $83815 |
|  | Wuxi Taiji Industry Ltd. <br> Co., Class A<br>| 106800 | 93101 |
|  | XCMG Construction <br> Machinery Co. Ltd., <br> Class A<br>| 491903 | 597159 |
|  | XGD, Inc., Class A | 31000 | 94316 |
|  | Xiamen Amoytop <br> Biotech Co. Ltd., <br> Class A<br>| 21336 | 218569 |
|  | Xiamen Bank Co. Ltd., <br> Class A<br>| 148900 | 118161 |
|  | Xiamen C & D, Inc., <br> Class A<br>| 147200 | 211139 |
|  | Xiamen Faratronic Co. <br> Ltd., Class A<br>| 17000 | 243651 |
|  | Xiamen Intretech, Inc., <br> Class A<br>| 40100 | 84465 |
|  | Xiamen ITG Group <br> Corp. Ltd., Class A<br>| 159530 | 137744 |
|  | Xiamen Tungsten Co. <br> Ltd., Class A<br>| 119680 | 302318 |
|  | Xiamen Xiangyu Co. <br> Ltd., Class A<br>| 166300 | 148430 |
|  | Xi'an Bright Laser <br> Technologies Co. <br> Ltd., Class A<br>| 12047 | 112600 |
| \* | Xian International <br> Medical Investment <br> Co. Ltd., Class A<br>| 63400 | 43935 |
|  | Xi'An Shaangu Power <br> Co. Ltd., Class A<br>| 97000 | 110752 |
|  | Xi'an Triangle Defense <br> Co. Ltd., Class A<br>| 29800 | 101676 |
|  | Xiangcai Co. Ltd., <br> Class A<br>| 122300 | 130771 |
| \* | Xiangtan Electric <br> Manufacturing Co. <br> Ltd., Class A<br>| 63200 | 86220 |
|  | Xianhe Co. Ltd., <br> Class A<br>| 30100 | 87103 |
| \*Ω | Xiaomi Corp., Class B | 4087000 | 26165789 |
|  | Xinfengming Group <br> Co. Ltd., Class A<br>| 138600 | 205922 |
|  | Xinhuanet Co. Ltd., <br> Class A<br>| 18900 | 58229 |
|  | Xinjiang Xintai Natural <br> Gas Co. Ltd., <br> Class A<br>| 27300 | 104348 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Xinxiang Richful Lube <br> Additive Co. Ltd., <br> Class A<br>| 20300 | $172759 |
|  | Xinxing Ductile Iron <br> Pipes Co. Ltd., <br> Class A<br>| 192100 | 89092 |
|  | Xinyu Iron & Steel Co. <br> Ltd., Class A<br>| 174600 | 97195 |
| \* | XPeng, Inc., Class A | 826200 | 7691106 |
|  | Xuji Electric Co. Ltd., <br> Class A<br>| 72200 | 211207 |
|  | Yangzhou Yangjie <br> Electronic <br> Technology Co. Ltd., <br> Class A<br>| 36000 | 240134 |
|  | Yankershop Food Co. <br> Ltd., Class A<br>| 11500 | 142230 |
| # | Yankuang Energy <br> Group Co. Ltd., <br> Class H<br>| 3732300 | 3898098 |
|  | Yantai Changyu <br> Pioneer Wine Co. <br> Ltd., Class A<br>| 20000 | 62231 |
|  | Yantai Dongcheng <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 35100 | 72297 |
|  | Yantai Eddie Precision <br> Machinery Co. Ltd., <br> Class A<br>| 49800 | 128751 |
|  | Yantai Jereh Oilfield <br> Services Group Co. <br> Ltd., Class A<br>| 76255 | 329801 |
|  | Yealink Network <br> Technology Corp. <br> Ltd., Class A<br>| 40676 | 186041 |
|  | YGSOFT, Inc., <br> Class A<br>| 81000 | 63545 |
|  | Yifan Pharmaceutical <br> Co. Ltd., Class A<br>| 79900 | 124812 |
|  | Yifeng Pharmacy <br> Chain Co. Ltd., <br> Class A<br>| 56180 | 219068 |
|  | Yizumi Holdings Co. <br> Ltd., Class A<br>| 16200 | 45760 |
|  | Yonfer Agricultural <br> Technology Co. Ltd., <br> Class A<br>| 80000 | 149468 |
| \* | Yonghui Superstores <br> Co. Ltd., Class A<br>| 325000 | 228871 |
|  | YongXing Special <br> Materials Technology <br> Co. Ltd., Class A<br>| 20170 | 85154 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Yonyou Network <br> Technology Co. Ltd., <br> Class A<br>| 30300 | $61547 |
|  | Youngor Fashion Co. <br> Ltd., Class A<br>| 319604 | 329823 |
|  | YTO Express Group <br> Co. Ltd., Class A<br>| 230662 | 416055 |
|  | Yuan Longping <br> High-tech Agriculture <br> Co. Ltd., Class A<br>| 24400 | 33948 |
|  | YUNDA Holding Group <br> Co. Ltd., Class A<br>| 146490 | 136989 |
|  | Yunnan Aluminium Co. <br> Ltd., Class A<br>| 357300 | 748640 |
|  | Yunnan Baiyao Group <br> Co. Ltd., Class A<br>| 44640 | 351950 |
|  | Yunnan Chihong <br> Zinc&Germanium <br> Co. Ltd., Class A<br>| 271600 | 190022 |
|  | Yunnan Copper Co. <br> Ltd., Class A<br>| 252100 | 404464 |
|  | Yunnan Energy <br> Investment Co. Ltd., <br> Class A<br>| 27700 | 41561 |
|  | Yunnan Energy New <br> Material Co. Ltd., <br> Class A<br>| 23562 | 89980 |
|  | Yunnan Tin Co. Ltd., <br> Class A<br>| 179300 | 341487 |
|  | Yunnan Yuntianhua <br> Co. Ltd., Class A<br>| 103600 | 318659 |
|  | Zangge Mining Co. <br> Ltd., Class A<br>| 97900 | 487622 |
|  | Zhangzhou <br> Pientzehuang <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 19450 | 549396 |
|  | Zhaojin Mining Industry <br> Co. Ltd., Class H<br>| 636500 | 1516363 |
|  | Zhefu Holding Group <br> Co. Ltd., Class A<br>| 395623 | 171390 |
|  | Zhejiang Cfmoto <br> Power Co. Ltd., <br> Class A<br>| 11300 | 258500 |
|  | Zhejiang China <br> Commodities City <br> Group Co. Ltd., <br> Class A<br>| 325179 | 685697 |
|  | Zhejiang Chint <br> Electrics Co. Ltd., <br> Class A<br>| 93421 | 286818 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang <br> Communications <br> Technology Co. Ltd., <br> Class A<br>| 168620 | $89343 |
|  | Zhejiang Conba <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 71100 | 43006 |
|  | Zhejiang <br> Crystal-Optech Co. <br> Ltd., Class A<br>| 42300 | 114640 |
|  | Zhejiang Dahua <br> Technology Co. Ltd., <br> Class A<br>| 92113 | 199830 |
|  | Zhejiang Daily Digital <br> Culture Group Co. <br> Ltd., Class A<br>| 67400 | 130507 |
|  | Zhejiang Dingli <br> Machinery Co. Ltd., <br> Class A<br>| 28370 | 169772 |
| \* | Zhejiang Dun'An <br> Artificial Environment <br> Co. Ltd., Class A<br>| 62400 | 97101 |
|  | Zhejiang Hailiang Co. <br> Ltd., Class A<br>| 143800 | 189169 |
|  | Zhejiang HangKe <br> Technology, Inc. Co., <br> Class A<br>| 14018 | 32976 |
| \* | Zhejiang Hisun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 67600 | 82522 |
|  | Zhejiang Huace Film & <br> Television Co. Ltd., <br> Class A<br>| 79100 | 78401 |
|  | Zhejiang Huahai <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 93540 | 184915 |
|  | Zhejiang Huayou <br> Cobalt Co. Ltd., <br> Class A<br>| 49411 | 230502 |
|  | Zhejiang Jiahua <br> Energy Chemical <br> Industry Co. Ltd., <br> Class A<br>| 110700 | 130292 |
|  | Zhejiang Jingsheng <br> Mechanical & <br> Electrical Co. Ltd., <br> Class A<br>| 87700 | 331431 |
|  | Zhejiang Jingxin <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 48300 | 90824 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Zhejiang Jinke Tom <br> Culture Industry Co. <br> Ltd., Class A<br>| 138400 | $95927 |
|  | Zhejiang JIULI Hi-tech <br> Metals Co. Ltd., <br> Class A<br>| 80500 | 259430 |
|  | Zhejiang Jolly <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 35100 | 75790 |
|  | Zhejiang Juhua Co. <br> Ltd., Class A<br>| 158900 | 557455 |
| \*Ω | Zhejiang Leapmotor <br> Technology Co. Ltd.<br>| 91000 | 651223 |
|  | Zhejiang Longsheng <br> Group Co. Ltd., <br> Class A<br>| 102400 | 138400 |
|  | Zhejiang Medicine Co. <br> Ltd., Class A<br>| 43900 | 80545 |
|  | Zhejiang NHU Co. Ltd., <br> Class A<br>| 254788 | 775945 |
|  | Zhejiang Orient <br> Financial Holdings <br> Group Co. Ltd., <br> Class A<br>| 157600 | 130495 |
|  | Zhejiang Sanhua <br> Intelligent Controls <br> Co. Ltd., Class A<br>| 67794 | 250589 |
|  | Zhejiang Sanmei <br> Chemical Industry <br> Co. Ltd., Class A<br>| 12300 | 74973 |
|  | Zhejiang Semir <br> Garment Co. Ltd., <br> Class A<br>| 269800 | 208738 |
|  | Zhejiang Shaoxing <br> RuiFeng Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 60000 | 42844 |
|  | Zhejiang Shuanghuan <br> Driveline Co. Ltd., <br> Class A<br>| 20800 | 96661 |
|  | Zhejiang Supor Co. <br> Ltd., Class A<br>| 22354 | 173096 |
|  | Zhejiang Wanfeng Auto <br> Wheel Co. Ltd., <br> Class A<br>| 114100 | 262371 |
|  | Zhejiang Weiming <br> Environment <br> Protection Co. Ltd., <br> Class A<br>| 136103 | 364895 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang Weixing <br> Industrial <br> Development Co. <br> Ltd., Class A<br>| 66500 | $101315 |
|  | Zhejiang Weixing New <br> Building Materials <br> Co. Ltd., Class A<br>| 76434 | 124115 |
|  | Zhejiang Wolwo <br> Bio-Pharmaceutical <br> Co. Ltd., Class A<br>| 19900 | 53855 |
|  | Zhejiang Xinan <br> Chemical Industrial <br> Group Co. Ltd., <br> Class A<br>| 36080 | 37669 |
|  | Zhejiang Yinlun <br> Machinery Co. Ltd., <br> Class A<br>| 56700 | 198699 |
|  | Zheshang Securities <br> Co. Ltd., Class A<br>| 86163 | 124653 |
|  | Zhongji Innolight Co. <br> Ltd., Class A<br>| 36037 | 421408 |
|  | Zhongjin Gold Corp. <br> Ltd., Class A<br>| 428700 | 807457 |
|  | Zhongshan Broad <br> Ocean Motor Co. <br> Ltd., Class A<br>| 142700 | 136180 |
|  | Zhongshan Public <br> Utilities Group Co. <br> Ltd., Class A<br>| 90000 | 105813 |
|  | Zhongtai Securities Co. <br> Ltd., Class A<br>| 207400 | 174389 |
|  | Zhuhai Huafa <br> Properties Co. Ltd., <br> Class A<br>| 205500 | 144168 |
| \* | Zhuhai Zhumian Group <br> Co. Ltd.<br>| 105500 | 95301 |
|  | Zhuzhou CRRC Times <br> Electric Co. Ltd., <br> Class H<br>| 63600 | 255280 |
|  | Zhuzhou Hongda <br> Electronics Corp. <br> Ltd., Class A<br>| 23700 | 109948 |
|  | Zhuzhou Kibing Group <br> Co. Ltd., Class A<br>| 245501 | 182697 |
|  | Zibo Qixiang Tengda <br> Chemical Co. Ltd., <br> Class A<br>| 210100 | 128876 |
|  | Zijin Mining Group Co. <br> Ltd., Class H<br>| 5587000 | 12205823 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| # | Zoomlion Heavy <br> Industry Science & <br> Technology Co. Ltd., <br> Class H<br>| 746400 | $537841 |
| # | ZTE Corp., Class H | 667085 | 1969321 |
|  | ZTO Express Cayman, <br> Inc. (2057 HK)<br>| 212450 | 3956643 |
|  | ZTO Express Cayman, <br> Inc. (ZTO US), ADR<br>| 245675 | 4544987 |
| TOTAL CHINA | TOTAL CHINA |  | 1324397835 |
| COLOMBIA — (0.1%) | COLOMBIA — (0.1%) | COLOMBIA — (0.1%) | COLOMBIA — (0.1%) |
|  | Bancolombia SA <br> (BCOLO CB)<br>| 118744 | 1407875 |
|  | Bancolombia SA (CIB <br> US), Sponsored <br> ADR<br>| 41971 | 1692271 |
|  | Grupo Argos SA | 255734 | 1330243 |
|  | Grupo Energia Bogota <br> SA ESP<br>| 723039 | 501353 |
|  | Interconexion Electrica <br> SA ESP<br>| 262628 | 1354915 |
| TOTAL COLOMBIA | TOTAL COLOMBIA |  | 6286657 |
| CZECH REPUBLIC — (0.2%) | CZECH REPUBLIC — (0.2%) | CZECH REPUBLIC — (0.2%) | CZECH REPUBLIC — (0.2%) |
|  | CEZ AS | 98530 | 5001337 |
|  | Komercni Banka AS | 56670 | 2754263 |
| Ω | Moneta Money Bank <br> AS<br>| 434032 | 2682981 |
| TOTAL CZECH <br> REPUBLIC | TOTAL CZECH <br> REPUBLIC |  | 10438581 |
| EGYPT — (0.1%) | EGYPT — (0.1%) | EGYPT — (0.1%) | EGYPT — (0.1%) |
|  | Commercial <br> International Bank - <br> Egypt (CIB) (CBKD <br> LI), GDR<br>| 1543475 | 2409662 |
|  | Commercial <br> International Bank - <br> Egypt (CIB) <br> (CMGGF US), GDR<br>| 122339 | 190849 |
| TOTAL EGYPT | TOTAL EGYPT |  | 2600511 |
| GREECE — (0.6%) | GREECE — (0.6%) | GREECE — (0.6%) | GREECE — (0.6%) |
|  | Alpha Services & <br> Holdings SA<br>| 1860190 | 4535573 |
|  | Athens International <br> Airport SA<br>| 9525 | 98682 |
|  | Eurobank Ergasias <br> Services & Holdings <br> SA<br>| 1363639 | 3870043 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) |
| \*†† | FF Group | 12618 | $0 |
|  | Hellenic <br> Telecommunications <br> Organization SA<br>| 119969 | 2276652 |
| # | Helleniq Energy <br> Holdings SA<br>| 52712 | 455306 |
|  | Jumbo SA | 98286 | 3103133 |
|  | Metlen Energy & <br> Metals SA<br>| 79342 | 3755042 |
|  | Motor Oil Hellas <br> Corinth Refineries <br> SA<br>| 87707 | 2125151 |
|  | National Bank of <br> Greece SA<br>| 384590 | 4081833 |
|  | OPAP SA | 113020 | 2511215 |
|  | Piraeus Financial <br> Holdings SA<br>| 535170 | 3005531 |
|  | Public Power Corp. <br> SA<br>| 126057 | 1889570 |
| TOTAL GREECE | TOTAL GREECE |  | 31707731 |
| HONG KONG — (0.8%) | HONG KONG — (0.8%) | HONG KONG — (0.8%) | HONG KONG — (0.8%) |
|  | BYD Electronic <br> International Co. <br> Ltd.<br>| 950500 | 3944977 |
| \*†† | China Common Rich <br> Renewable Energy <br> Investments Ltd.<br>| 5416000 | 0 |
|  | China Merchants Port <br> Holdings Co. Ltd.<br>| 21950 | 35635 |
|  | China Overseas Land <br> & Investment Ltd.<br>| 2754500 | 4886894 |
|  | China Resources Beer <br> Holdings Co. Ltd.<br>| 1746611 | 6139692 |
|  | China Resources <br> Power Holdings Co. <br> Ltd.<br>| 1792517 | 4324297 |
|  | CITIC Ltd. | 3280000 | 3987404 |
|  | CSPC Pharmaceutical <br> Group Ltd.<br>| 4317200 | 3400395 |
| #Ω | Hua Hong <br> Semiconductor Ltd.<br>| 519000 | 2373300 |
|  | Lenovo Group Ltd. | 9715278 | 11236460 |
|  | Sinotruk Hong Kong <br> Ltd.<br>| 423500 | 1017628 |
|  | Wharf Holdings Ltd. | 484000 | 1215759 |
| TOTAL HONG KONG | TOTAL HONG KONG |  | 42562441 |
| HUNGARY — (0.3%) | HUNGARY — (0.3%) | HUNGARY — (0.3%) | HUNGARY — (0.3%) |
|  | MOL Hungarian Oil & <br> Gas PLC<br>| 547604 | 4636948 |
|  | OTP Bank Nyrt | 125562 | 9275014 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HUNGARY — (Continued) | HUNGARY — (Continued) | HUNGARY — (Continued) | HUNGARY — (Continued) |
|  | Richter Gedeon Nyrt | 82646 | $2506538 |
| TOTAL HUNGARY | TOTAL HUNGARY |  | 16418500 |
| INDIA — (19.7%) | INDIA — (19.7%) | INDIA — (19.7%) | INDIA — (19.7%) |
|  | 360 ONE WAM Ltd. | 74947 | 867676 |
|  | 3M India Ltd. | 934 | 332258 |
|  | ABB India Ltd. | 22884 | 1483235 |
|  | ACC Ltd. | 70792 | 1570650 |
| \* | Adani Energy Solutions <br> Ltd.<br>| 145139 | 1530669 |
|  | Adani Enterprises Ltd. | 47602 | 1290026 |
| \* | Adani Green Energy <br> Ltd.<br>| 70147 | 741768 |
|  | Adani Ports & Special <br> Economic Zone Ltd.<br>| 370000 | 5320015 |
| \* | Adani Power Ltd. | 684976 | 4283391 |
|  | Adani Total Gas Ltd. | 63181 | 445032 |
| \* | Aditya Birla Capital <br> Ltd.<br>| 775396 | 1795839 |
| \* | Aditya Birla Fashion & <br> Retail Ltd.<br>| 138766 | 429672 |
|  | AIA Engineering Ltd. | 17722 | 662353 |
|  | Ajanta Pharma Ltd. | 18941 | 603003 |
|  | Alkem Laboratories <br> Ltd.<br>| 30076 | 1807451 |
|  | Ambuja Cements Ltd. | 409686 | 2603205 |
|  | APL Apollo Tubes Ltd. | 114000 | 2163274 |
|  | Apollo Hospitals <br> Enterprise Ltd.<br>| 78174 | 6454908 |
|  | Ashok Leyland Ltd. | 2269165 | 6076526 |
|  | Asian Paints Ltd. | 189602 | 5424632 |
|  | Astral Ltd. | 106711 | 1691887 |
| Ω | AU Small Finance <br> Bank Ltd.<br>| 229212 | 1833209 |
| \* | Aurobindo Pharma <br> Ltd.<br>| 290697 | 4213119 |
| \*Ω | Avenue Supermarts <br> Ltd.<br>| 39167 | 1930721 |
|  | Axis Bank Ltd. (AXSB <br> IN)<br>| 1489117 | 20861567 |
|  | Bajaj Auto Ltd. | 47981 | 4550015 |
|  | Bajaj Finance Ltd. | 166572 | 16955086 |
|  | Bajaj Finserv Ltd. | 265465 | 6129768 |
|  | Bajaj Holdings & <br> Investment Ltd.<br>| 33808 | 4816111 |
|  | Balkrishna Industries <br> Ltd.<br>| 97265 | 3073047 |
|  | Bank of Baroda | 964305 | 2849669 |
|  | Bank of India | 486204 | 662242 |
|  | Bank of Maharashtra | 35928 | 21447 |
|  | Berger Paints India <br> Ltd.<br>| 203984 | 1312176 |
|  | Bharat Dynamics Ltd. | 6759 | 120327 |
|  | Bharat Electronics Ltd. | 1821863 | 6751655 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Bharat Forge Ltd. | 267995 | $3498469 |
|  | Bharat Heavy <br> Electricals Ltd.<br>| 802001 | 2139958 |
|  | Bharat Petroleum <br> Corp. Ltd.<br>| 968391 | 3546640 |
|  | Bharti Airtel Ltd. | 1685190 | 36978924 |
|  | Biocon Ltd. | 144503 | 547576 |
|  | Blue Star Ltd. | 79055 | 1596524 |
|  | Bosch Ltd. | 4618 | 1595887 |
|  | Britannia Industries <br> Ltd.<br>| 76394 | 4896645 |
|  | BSE Ltd. | 28755 | 2168030 |
|  | Canara Bank | 2022935 | 2325990 |
|  | CG Power & Industrial <br> Solutions Ltd.<br>| 569417 | 4203856 |
|  | Cholamandalam <br> Financial Holdings <br> Ltd.<br>| 15579 | 343408 |
|  | Cholamandalam <br> Investment & <br> Finance Co. Ltd.<br>| 452131 | 7985744 |
|  | Cipla Ltd. | 483014 | 8863080 |
|  | Coal India Ltd. | 732301 | 3326177 |
| Ω | Cochin Shipyard Ltd. | 18014 | 338479 |
|  | Coforge Ltd. | 43682 | 3792992 |
|  | Colgate-Palmolive <br> India Ltd.<br>| 125830 | 3840873 |
|  | Container Corp. of <br> India Ltd.<br>| 193626 | 1539397 |
|  | Coromandel <br> International Ltd.<br>| 72063 | 1888118 |
|  | CRISIL Ltd. | 3602 | 189857 |
|  | Cummins India Ltd. | 93146 | 3182238 |
|  | Dabur India Ltd. | 335935 | 1933046 |
|  | Dalmia Bharat Ltd. | 50419 | 1154424 |
|  | Divi's Laboratories <br> Ltd.<br>| 71437 | 5130751 |
|  | Dixon Technologies <br> India Ltd.<br>| 27971 | 5435578 |
|  | DLF Ltd. | 453368 | 3594519 |
| # | Dr. Reddy's <br> Laboratories Ltd., <br> ADR<br>| 511886 | 7125453 |
|  | Dr. Reddy's <br> Laboratories Ltd. <br> (DRRD IN)<br>| 122796 | 1717300 |
|  | Eicher Motors Ltd. | 111386 | 7343492 |
|  | Escorts Kubota Ltd. | 11760 | 450996 |
| \* | Eternal Ltd. | 1892920 | 5156605 |
|  | Exide Industries Ltd. | 69300 | 285093 |
|  | Federal Bank Ltd. | 1577773 | 3663192 |
|  | Fortis Healthcare Ltd. | 243238 | 1956938 |
| \* | FSN E-Commerce <br> Ventures Ltd.<br>| 607753 | 1391824 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | GAIL India Ltd. (GAID <br> LI), GDR<br>| 58674 | $772031 |
|  | GAIL India Ltd. (GAIL <br> IN)<br>| 2001507 | 4449600 |
|  | GE Vernova T&D India <br> Ltd.<br>| 48205 | 883186 |
|  | GlaxoSmithKline <br> Pharmaceuticals <br> Ltd.<br>| 24111 | 837079 |
|  | Glenmark <br> Pharmaceuticals <br> Ltd.<br>| 59874 | 975306 |
| \* | Global Health Ltd. | 11425 | 162166 |
| \* | GMR Airports Ltd. | 2109878 | 2167834 |
|  | Godrej Consumer <br> Products Ltd.<br>| 262661 | 3928290 |
| \* | Godrej Industries Ltd. | 9739 | 124680 |
| \* | Godrej Properties Ltd. | 93187 | 2356304 |
|  | Grasim Industries Ltd. | 226749 | 7316740 |
|  | Gujarat <br> Fluorochemicals <br> Ltd.<br>| 15556 | 706377 |
|  | Havells India Ltd. | 163890 | 3103394 |
|  | HCL Technologies Ltd. | 742549 | 13676080 |
| Ω | HDFC Asset <br> Management Co. <br> Ltd.<br>| 82181 | 4254557 |
|  | HDFC Bank Ltd. | 2003835 | 45399144 |
| Ω | HDFC Life Insurance <br> Co. Ltd.<br>| 327128 | 2881098 |
|  | Hero MotoCorp Ltd. <br> (HMCL IN)<br>| 161029 | 7312260 |
|  | Hindalco Industries <br> Ltd.<br>| 1268841 | 9316395 |
|  | Hindustan Aeronautics <br> Ltd.<br>| 147012 | 7782102 |
|  | Hindustan Petroleum <br> Corp. Ltd.<br>| 821956 | 3657209 |
|  | Hindustan Unilever <br> Ltd.<br>| 321213 | 8892691 |
|  | Hitachi Energy India <br> Ltd.<br>| 3703 | 630425 |
|  | ICICI Bank Ltd. (IBN <br> US), Sponsored <br> ADR<br>| 649989 | 21813614 |
|  | ICICI Bank Ltd. <br> (ICICIBC IN)<br>| 2536225 | 42551436 |
| Ω | ICICI Lombard General <br> Insurance Co. Ltd.<br>| 150649 | 3344614 |
| Ω | ICICI Prudential Life <br> Insurance Co. Ltd.<br>| 181663 | 1316558 |
| \* | IDFC First Bank Ltd. | 3209774 | 2470810 |
|  | Indian Bank | 196552 | 1306708 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Indian Hotels Co. Ltd. | 576178 | $5356321 |
|  | Indian Oil Corp. Ltd. | 1528499 | 2480995 |
|  | Indian Railway <br> Catering & Tourism <br> Corp. Ltd.<br>| 284868 | 2525167 |
| Ω | Indian Railway Finance <br> Corp. Ltd.<br>| 1324087 | 1941102 |
|  | Indraprastha Gas Ltd. | 40564 | 91944 |
| \* | Indus Towers Ltd. | 1217125 | 5841057 |
|  | IndusInd Bank Ltd. | 281390 | 2776656 |
|  | Info Edge India Ltd. | 60629 | 5066192 |
|  | Infosys Ltd. (INFO IN) | 2148691 | 37766652 |
| # | Infosys Ltd. (INFY US), <br> Sponsored ADR<br>| 331357 | 5831883 |
| \*Ω | InterGlobe Aviation <br> Ltd.<br>| 123983 | 7702732 |
|  | Ipca Laboratories Ltd. | 55530 | 910150 |
| \* | ITC Hotels Ltd. | 196018 | 450719 |
|  | ITC Ltd. | 2061428 | 10359784 |
|  | Jindal Stainless Ltd. | 400785 | 2752752 |
|  | Jindal Steel & Power <br> Ltd.<br>| 517626 | 5480129 |
| \* | Jio Financial Services <br> Ltd.<br>| 1872977 | 5754947 |
|  | JK Cement Ltd. | 20476 | 1236834 |
|  | JSW Energy Ltd. | 435675 | 2467065 |
|  | JSW Steel Ltd. | 631634 | 7681574 |
|  | Jubilant Foodworks <br> Ltd.<br>| 297986 | 2514792 |
|  | Kalyan Jewellers India <br> Ltd.<br>| 237807 | 1445543 |
|  | Kotak Mahindra Bank <br> Ltd.<br>| 406861 | 10604254 |
|  | KPIT Technologies <br> Ltd.<br>| 132118 | 1947962 |
|  | KPR Mill Ltd. | 3518 | 41619 |
|  | L&T Finance Ltd. | 340408 | 661500 |
| Ω | L&T Technology <br> Services Ltd.<br>| 23627 | 1190699 |
|  | Larsen & Toubro Ltd. | 336278 | 13266935 |
| Ω | Laurus Labs Ltd. | 104963 | 748179 |
|  | LIC Housing Finance <br> Ltd.<br>| 145161 | 1030834 |
|  | Linde India Ltd. | 6992 | 523719 |
|  | Lloyds Metals & <br> Energy Ltd.<br>| 25030 | 358217 |
| Ω | LTIMindtree Ltd. | 58760 | 3178504 |
|  | Lupin Ltd. | 233272 | 5790552 |
| Ω | Macrotech Developers <br> Ltd.<br>| 54431 | 853455 |
|  | Mahindra & Mahindra <br> Financial Services <br> Ltd.<br>| 432603 | 1339014 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Mahindra & Mahindra <br> Ltd.<br>| 848690 | $29311355 |
| \* | Mankind Pharma Ltd. | 24601 | 714717 |
|  | Marico Ltd. | 528814 | 4436859 |
|  | Maruti Suzuki India <br> Ltd.<br>| 63084 | 9115159 |
| \* | Max Financial Services <br> Ltd.<br>| 116729 | 1794032 |
|  | Max Healthcare <br> Institute Ltd.<br>| 473248 | 6136684 |
|  | Mazagon Dock <br> Shipbuilders Ltd.<br>| 16487 | 595287 |
|  | Motherson Sumi Wiring <br> India Ltd.<br>| 688604 | 453490 |
|  | Motilal Oswal Financial <br> Services Ltd.<br>| 97877 | 755073 |
|  | Mphasis Ltd. | 110972 | 3223688 |
|  | MRF Ltd. | 2197 | 3488381 |
|  | Muthoot Finance Ltd. | 235205 | 6031610 |
|  | Narayana Hrudayalaya <br> Ltd.<br>| 21451 | 442335 |
|  | Nestle India Ltd. | 196275 | 5528569 |
|  | NHPC Ltd. | 2123808 | 2144015 |
| Ω | Nippon Life India Asset <br> Management Ltd.<br>| 62848 | 470394 |
|  | NLC India Ltd. | 80166 | 215653 |
|  | NMDC Ltd. | 4306404 | 3296075 |
| \* | NMDC Steel Ltd. | 1251805 | 520889 |
|  | NTPC Ltd. | 2211859 | 9244354 |
|  | Oberoi Realty Ltd. | 101713 | 1969710 |
|  | Oil & Natural Gas <br> Corp. Ltd.<br>| 1431491 | 4124683 |
|  | Oil India Ltd. | 286923 | 1389781 |
|  | One 97 <br> Communications <br> Ltd.<br>| 177475 | 1797451 |
|  | Oracle Financial <br> Services Software <br> Ltd.<br>| 30892 | 3180836 |
|  | Page Industries Ltd. | 5755 | 3079229 |
|  | Patanjali Foods Ltd. | 41341 | 929179 |
| \* | PB Fintech Ltd. | 118623 | 2281232 |
|  | Persistent Systems <br> Ltd.<br>| 92930 | 5812804 |
|  | Petronet LNG Ltd. | 1324435 | 4910064 |
|  | Phoenix Mills Ltd.  | 133208 | 2586860 |
|  | PI Industries Ltd. | 60001 | 2574530 |
|  | Pidilite Industries Ltd. | 82326 | 2955819 |
|  | Piramal Pharma Ltd. | 327187 | 817504 |
|  | Polycab India Ltd. | 40262 | 2616346 |
|  | Power Finance Corp. <br> Ltd.<br>| 1781182 | 8587679 |
|  | Power Grid Corp. of <br> India Ltd.<br>| 2263465 | 8160602 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Prestige Estates <br> Projects Ltd.<br>| 109654 | $1772554 |
|  | Procter & Gamble <br> Hygiene & Health <br> Care Ltd.<br>| 10120 | 1708500 |
|  | Punjab National Bank | 1858882 | 2197279 |
|  | Radico Khaitan Ltd. | 5565 | 160650 |
|  | Rail Vikas Nigam Ltd. | 198755 | 820278 |
|  | REC Ltd. | 1917192 | 9516347 |
|  | Reliance Industries <br> Ltd. (RIL IN)<br>| 2605360 | 42952339 |
|  | Samvardhana <br> Motherson <br> International Ltd.<br>| 3463004 | 5451147 |
|  | SBI Cards & Payment <br> Services Ltd.<br>| 169537 | 1745064 |
| Ω | SBI Life Insurance Co. <br> Ltd.<br>| 293246 | 6117342 |
|  | Schaeffler India Ltd. | 27947 | 1144117 |
|  | Shree Cement Ltd. | 5977 | 2103407 |
|  | Shriram Finance Ltd. | 1722137 | 12424740 |
|  | Siemens Energy India <br> Ltd.<br>| 25747 | 755233 |
|  | Siemens Ltd. | 25747 | 876465 |
|  | SJVN Ltd. | 274012 | 303957 |
|  | Solar Industries India <br> Ltd.<br>| 25227 | 3922565 |
| Ω | Sona Blw Precision <br> Forgings Ltd.<br>| 6441 | 36594 |
|  | SRF Ltd. | 141080 | 5012897 |
|  | State Bank of India <br> (SBID LI), GDR<br>| 128 | 11952 |
|  | State Bank of India <br> (SBIN IN)<br>| 1094971 | 10212974 |
|  | State Bank of India <br> (SBKFF US), GDR<br>| 1669 | 155551 |
|  | Steel Authority of India <br> Ltd.<br>| 968863 | 1298437 |
|  | Sun Pharmaceutical <br> Industries Ltd. <br> (SUNP IN)<br>| 371007 | 7999620 |
|  | Sundaram Finance <br> Ltd.<br>| 47549 | 2945988 |
|  | Supreme Industries <br> Ltd.<br>| 44232 | 1850627 |
| \* | Suzlon Energy Ltd. | 6599930 | 4369615 |
|  | Tata Communications <br> Ltd.<br>| 106077 | 1987742 |
|  | Tata Consultancy <br> Services Ltd.<br>| 511730 | 20756299 |
|  | Tata Consumer <br> Products Ltd.<br>| 298316 | 4095813 |
|  | Tata Elxsi Ltd. | 31019 | 2104488 |
|  | Tata Motors Ltd. | 1305010 | 9933504 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Tata Power Co. Ltd. | 1037437 | $4702463 |
|  | Tata Steel Ltd. | 6287988 | 10427370 |
|  | Tech Mahindra Ltd. | 458825 | 8133762 |
|  | Thermax Ltd. | 8677 | 336737 |
|  | Titan Co. Ltd. | 188444 | 7476584 |
|  | Torrent <br> Pharmaceuticals <br> Ltd.<br>| 132829 | 5230553 |
|  | Torrent Power Ltd. | 109617 | 1985880 |
|  | Trent Ltd. | 113086 | 6862178 |
|  | Tube Investments of <br> India Ltd.<br>| 84606 | 2887531 |
|  | TVS Motor Co. Ltd. | 218368 | 6857133 |
|  | UltraTech Cement Ltd. | 66679 | 9183796 |
|  | Union Bank of India <br> Ltd.<br>| 1395817 | 2071036 |
|  | United Breweries Ltd. | 45973 | 1167586 |
|  | United Spirits Ltd. | 230519 | 4239018 |
|  | UNO Minda Ltd. | 126123 | 1322548 |
| \* | UPL Ltd. | 556261 | 4256105 |
|  | Varun Beverages Ltd. | 710098 | 4361819 |
|  | Vedanta Ltd. | 1426185 | 7047975 |
| \* | Vodafone Idea Ltd. | 4834876 | 407225 |
|  | Voltas Ltd. | 112069 | 1637659 |
|  | Wipro Ltd. | 1925303 | 5482903 |
| \* | Yes Bank Ltd. | 11783222 | 2471788 |
|  | Zydus Lifesciences <br> Ltd.<br>| 252848 | 2653503 |
| TOTAL INDIA | TOTAL INDIA |  | 1046784988 |
| INDONESIA — (1.3%) | INDONESIA — (1.3%) | INDONESIA — (1.3%) | INDONESIA — (1.3%) |
|  | Alamtri Resources <br> Indonesia Tbk. PT<br>| 18734800 | 2146073 |
| \* | Amman Mineral <br> Internasional PT<br>| 2261800 | 971283 |
|  | Aneka Tambang Tbk. <br> PT<br>| 6361500 | 831482 |
|  | Astra International Tbk. <br> PT<br>| 13250310 | 3829683 |
|  | Bank Central Asia Tbk. <br> PT<br>| 27517100 | 14630575 |
|  | Bank Mandiri Persero <br> Tbk. PT<br>| 32061668 | 9468048 |
|  | Bank Negara <br> Indonesia Persero <br> Tbk. PT<br>| 11805444 | 2974961 |
| \* | Bank Pan Indonesia <br> Tbk. PT<br>| 88900 | 8615 |
|  | Bank Rakyat Indonesia <br> Persero Tbk. PT<br>| 33006276 | 7644575 |
|  | Bank Syariah <br> Indonesia Tbk. PT<br>| 10682323 | 1837276 |
|  | Barito Pacific Tbk. PT | 15056528 | 675429 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Barito Renewables <br> Energy Tbk. PT<br>| 2811300 | $1018655 |
| \* | Bumi Resources <br> Minerals Tbk. PT<br>| 32058300 | 739146 |
| \* | Capital Financial <br> Indonesia Tbk. PT<br>| 3747600 | 180800 |
|  | Chandra Asri Pacific <br> Tbk. PT<br>| 2047600 | 972724 |
|  | Charoen Pokphand <br> Indonesia Tbk. PT<br>| 5550600 | 1582774 |
|  | Cisarua Mountain <br> Dairy Tbk. PT<br>| 43200 | 11916 |
|  | Dayamitra <br> Telekomunikasi PT<br>| 7063400 | 263638 |
| \* | Dian Swastatika <br> Sentosa Tbk. PT<br>| 582100 | 1595560 |
|  | Indah Kiat Pulp & <br> Paper Tbk. PT<br>| 936800 | 290865 |
|  | Indofood CBP Sukses <br> Makmur Tbk. PT<br>| 1425100 | 973925 |
|  | Indofood Sukses <br> Makmur Tbk. PT<br>| 3932000 | 1896687 |
|  | Indosat Tbk. PT | 5074800 | 534189 |
|  | Kalbe Farma Tbk. PT | 13533200 | 1115475 |
|  | Mayora Indah Tbk. PT | 4190025 | 575343 |
| \* | Merdeka Copper Gold <br> Tbk. PT<br>| 1067595 | 107461 |
|  | Mitra Keluarga <br> Karyasehat Tbk. PT<br>| 167600 | 25338 |
|  | Pantai Indah Kapuk <br> Dua Tbk. PT<br>| 441900 | 303433 |
|  | Perusahaan Gas <br> Negara Tbk. PT<br>| 6776000 | 687605 |
|  | Petrindo Jaya Kreasi <br> Tbk. PT<br>| 1521600 | 653229 |
|  | Sarana Menara <br> Nusantara Tbk. PT<br>| 6591100 | 226215 |
|  | Sinar Mas Agro <br> Resources & <br> Technology Tbk. PT<br>| 449500 | 99426 |
|  | Sumber Alfaria Trijaya <br> Tbk. PT<br>| 13178700 | 1706044 |
|  | Telkom Indonesia <br> Persero Tbk. PT <br> (TLKM IJ)<br>| 36996000 | 5831260 |
|  | Tower Bersama <br> Infrastructure Tbk. <br> PT<br>| 1620100 | 193723 |
|  | Trimegah Bangun <br> Persada Tbk. PT<br>| 272800 | 11493 |
|  | Unilever Indonesia <br> Tbk. PT<br>| 5668900 | 584780 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | United Tractors Tbk. <br> PT<br>| 1851596 | $2530427 |
| TOTAL INDONESIA | TOTAL INDONESIA |  | 69730131 |
| KUWAIT — (0.7%) | KUWAIT — (0.7%) | KUWAIT — (0.7%) | KUWAIT — (0.7%) |
|  | Agility Public <br> Warehousing Co. <br> KSC<br>| 1028838 | 883592 |
|  | Al Ahli Bank of Kuwait <br> KSCP<br>| 540661 | 535683 |
|  | Boubyan Bank KSCP | 380623 | 843492 |
|  | Burgan Bank SAK | 530608 | 390321 |
|  | Gulf Bank KSCP | 2724000 | 2989699 |
|  | Kuwait Finance House <br> KSCP<br>| 4764505 | 11251025 |
|  | Kuwait <br> Telecommunications <br> Co.<br>| 42594 | 75333 |
|  | Mabanee Co. KPSC | 700050 | 1809815 |
|  | Mobile <br> Telecommunications <br> Co. KSCP<br>| 1895092 | 2927321 |
|  | National Bank of <br> Kuwait SAKP<br>| 3964089 | 12327968 |
|  | National Industries <br> Group Holding SAK<br>| 1549448 | 1260174 |
| TOTAL KUWAIT | TOTAL KUWAIT |  | 35294423 |
| LUXEMBOURG — (0.0%) | LUXEMBOURG — (0.0%) | LUXEMBOURG — (0.0%) | LUXEMBOURG — (0.0%) |
| \*Ω | Allegro.eu SA | 171564 | 1505374 |
| MALAYSIA — (1.6%) | MALAYSIA — (1.6%) | MALAYSIA — (1.6%) | MALAYSIA — (1.6%) |
|  | AFFIN Bank Bhd. | 155272 | 95271 |
|  | Alliance Bank Malaysia <br> Bhd.<br>| 859100 | 871697 |
|  | AMMB Holdings Bhd. <br> (AMM MK)<br>| 2154159 | 2577267 |
| # | Axiata Group Bhd. | 3103632 | 1510520 |
|  | Batu Kawan Bhd. | 124700 | 546975 |
| # | Bursa Malaysia Bhd. | 465800 | 797843 |
| # | CelcomDigi Bhd. | 1985320 | 1759138 |
| \* | Chin Hin Group Bhd. | 88100 | 41771 |
| # | CIMB Group Holdings <br> Bhd.<br>| 4888270 | 8074954 |
|  | Dialog Group Bhd. | 2157418 | 730544 |
|  | Fraser & Neave <br> Holdings Bhd.<br>| 119700 | 749557 |
|  | Frontken Corp. Bhd. | 178000 | 144837 |
| # | Gamuda Bhd. | 4242241 | 4179744 |
| # | Genting Bhd. | 1872800 | 1390354 |
| # | Genting Malaysia Bhd. | 2899900 | 1153329 |
|  | HAP Seng <br> Consolidated Bhd.<br>| 492100 | 315170 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
|  | Hartalega Holdings <br> Bhd.<br>| 976000 | $504711 |
|  | Heineken Malaysia <br> Bhd.<br>| 135900 | 830548 |
|  | Hong Leong Bank <br> Bhd.<br>| 259166 | 1201262 |
|  | Hong Leong Financial <br> Group Bhd.<br>| 243883 | 970595 |
| # | IHH Healthcare Bhd. | 980900 | 1572121 |
| # | IJM Corp. Bhd. | 2122200 | 1117776 |
|  | Inari Amertron Bhd. | 1228800 | 548685 |
| # | IOI Corp. Bhd. | 1336005 | 1132560 |
| # | IOI Properties Group <br> Bhd.<br>| 1450429 | 615752 |
|  | KPJ Healthcare Bhd. | 733600 | 489038 |
| # | Kuala Lumpur Kepong <br> Bhd.<br>| 356902 | 1623861 |
| # | Malayan Banking Bhd. | 2464719 | 5711511 |
|  | Malayan Cement Bhd. | 37200 | 43110 |
|  | Maxis Bhd. | 1270600 | 1092488 |
| # | MISC Bhd. | 598498 | 1040710 |
| #Ω | Mr. DIY Group M Bhd. | 2400250 | 935785 |
|  | My EG Services Bhd. | 5729787 | 1194675 |
| # | Nestle Malaysia Bhd. | 48300 | 973376 |
|  | Petronas Chemicals <br> Group Bhd.<br>| 851100 | 726220 |
| # | Petronas Dagangan <br> Bhd.<br>| 194500 | 889589 |
|  | Petronas Gas Bhd. | 360800 | 1462767 |
|  | PPB Group Bhd. | 460880 | 1327953 |
| # | Press Metal Aluminium <br> Holdings Bhd.<br>| 1958700 | 2226196 |
| # | Public Bank Bhd. | 8022870 | 8316937 |
| # | QL Resources Bhd. | 1443877 | 1606089 |
| # | RHB Bank Bhd. | 1801980 | 2779486 |
|  | Scientex Bhd. | 128200 | 103956 |
|  | SD Guthrie Bhd. | 1387121 | 1525474 |
|  | Sime Darby Bhd. | 3077561 | 1483161 |
| # | Sime Darby Property <br> Bhd.<br>| 1632900 | 469001 |
|  | SP Setia Bhd. Group | 723400 | 184232 |
| # | Sunway Bhd. | 1605582 | 1692465 |
|  | Telekom Malaysia <br> Bhd.<br>| 803529 | 1266349 |
|  | Tenaga Nasional Bhd. | 1305750 | 4199474 |
| # | TIME dotCom Bhd. | 897000 | 1070591 |
| #\* | Top Glove Corp. Bhd. | 3743000 | 762977 |
| # | United Plantations <br> Bhd.<br>| 218850 | 1161833 |
| # | Westports Holdings <br> Bhd.<br>| 590000 | 581267 |
| # | Yinson Holdings Bhd. | 1399778 | 606699 |
| # | YTL Corp. Bhd. | 3219212 | 1431723 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
| # | YTL Power <br> International Bhd.<br>| 1507000 | $1193826 |
| TOTAL MALAYSIA | TOTAL MALAYSIA |  | 83605800 |
| MEXICO — (1.9%) | MEXICO — (1.9%) | MEXICO — (1.9%) | MEXICO — (1.9%) |
|  | America Movil SAB de <br> CV (2228390D US), <br> ADR<br>| 7345 | 126628 |
|  | America Movil SAB de <br> CV (AMXB MM)<br>| 12430805 | 10757031 |
|  | Arca Continental SAB <br> de CV<br>| 277517 | 2922699 |
|  | Cemex SAB de CV <br> (CEMEXCPO MM)<br>| 8777333 | 5429186 |
|  | Cemex SAB de CV <br> (CX US), Sponsored <br> ADR<br>| 66225 | 408608 |
|  | Coca-Cola Femsa SAB <br> de CV (KOFUBL <br> MM)<br>| 354153 | 3338994 |
| \* | Controladora AXTEL <br> SAB de CV<br>| 3493876 | 113668 |
|  | El Puerto de Liverpool <br> SAB de CV, <br> Class C1<br>| 163857 | 754592 |
|  | Fomento Economico <br> Mexicano SAB de <br> CV (FEMSAUBD <br> MM)<br>| 638416 | 6712475 |
|  | Gruma SAB de CV, <br> Class B<br>| 201612 | 3841428 |
|  | Grupo Aeroportuario <br> del Centro Norte <br> SAB de CV<br>| 264485 | 2910340 |
| # | Grupo Aeroportuario <br> del Pacifico SAB de <br> CV (GAPB MM), <br> Class B<br>| 217300 | 4403288 |
| # | Grupo Aeroportuario <br> del Pacifico SAB de <br> CV (PAC US), ADR<br>| 10856 | 2231017 |
|  | Grupo Aeroportuario <br> del Sureste SAB de <br> CV (ASR US), ADR<br>| 11861 | 3754481 |
|  | Grupo Aeroportuario <br> del Sureste SAB de <br> CV (ASURB MM), <br> Class B<br>| 2990 | 94420 |
| # | Grupo Bimbo SAB de <br> CV<br>| 764083 | 2324920 |
| # | Grupo Carso SAB de <br> CV<br>| 491986 | 3421486 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
| # | Grupo Comercial <br> Chedraui SA de CV<br>| 252498 | $1631088 |
|  | Grupo Elektra SAB de <br> CV<br>| 11459 | 204515 |
|  | Grupo Financiero <br> Banorte SAB de CV, <br> Class O<br>| 1612674 | 13827854 |
| \* | Grupo Financiero <br> Inbursa SAB de CV, <br> Class O<br>| 1498105 | 3850971 |
|  | Grupo Mexico SAB de <br> CV<br>| 1940047 | 10067014 |
| \* | Industrias Penoles <br> SAB de CV<br>| 182421 | 3655676 |
|  | Kimberly-Clark de <br> Mexico SAB de CV, <br> Class A<br>| 1549006 | 2725107 |
| \* | Organizacion Soriana <br> SAB de CV, Class B<br>| 210657 | 279293 |
|  | Promotora y <br> Operadora de <br> Infraestructura SAB <br> de CV (PINFRA <br> MM)<br>| 143654 | 1607404 |
|  | Qualitas Controladora <br> SAB de CV<br>| 101719 | 1125312 |
| \* | Vista Energy SAB de <br> CV (VIST US), ADR<br>| 2414 | 109040 |
|  | Wal-Mart de Mexico <br> SAB de CV<br>| 2309699 | 7317590 |
| TOTAL MEXICO | TOTAL MEXICO |  | 99946125 |
| NETHERLANDS — (0.1%) | NETHERLANDS — (0.1%) | NETHERLANDS — (0.1%) | NETHERLANDS — (0.1%) |
|  | NEPI Rockcastle NV | 512113 | 3928080 |
| PERU — (0.1%) | PERU — (0.1%) | PERU — (0.1%) | PERU — (0.1%) |
|  | Cementos Pacasmayo <br> SAA, ADR<br>| 15173 | 83412 |
|  | Cia de Minas <br> Buenaventura SAA, <br> ADR<br>| 35679 | 505215 |
|  | Credicorp Ltd. | 31409 | 6350586 |
| TOTAL PERU | TOTAL PERU |  | 6939213 |
| PHILIPPINES — (0.6%) | PHILIPPINES — (0.6%) | PHILIPPINES — (0.6%) | PHILIPPINES — (0.6%) |
|  | Aboitiz Equity <br> Ventures, Inc.<br>| 982920 | 571752 |
|  | Aboitiz Power Corp. | 1003100 | 669415 |
|  | Ayala Corp. | 158362 | 1699849 |
|  | Ayala Land, Inc. | 3257418 | 1461275 |
|  | Bank of the Philippine <br> Islands<br>| 1385782 | 3474605 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |
|  | BDO Unibank, Inc. | 1864754 | $5351953 |
|  | China Banking Corp. | 227480 | 370596 |
|  | DigiPlus Interactive <br> Corp.<br>| 131500 | 93839 |
|  | DMCI Holdings, Inc. | 1834700 | 348377 |
|  | Emperador, Inc. | 1167000 | 273101 |
|  | Globe Telecom, Inc. | 32777 | 1139026 |
|  | International Container <br> Terminal Services, <br> Inc.<br>| 578350 | 3537294 |
|  | Jollibee Foods Corp. | 329910 | 1355131 |
|  | Manila Electric Co. | 121000 | 1234891 |
|  | Metropolitan Bank & <br> Trust Co.<br>| 2485918 | 3424737 |
|  | PLDT, Inc. (TEL PM) | 64180 | 1495171 |
|  | San Miguel Corp. | 959200 | 1348182 |
|  | Semirara Mining & <br> Power Corp.<br>| 128700 | 78362 |
|  | SM Investments Corp. | 102383 | 1593741 |
|  | SM Prime Holdings, <br> Inc.<br>| 4049810 | 1767853 |
|  | Universal Robina <br> Corp.<br>| 614380 | 910133 |
| TOTAL PHILIPPINES | TOTAL PHILIPPINES |  | 32199283 |
| POLAND — (1.2%) | POLAND — (1.2%) | POLAND — (1.2%) | POLAND — (1.2%) |
|  | Alior Bank SA | 111372 | 3017941 |
|  | Asseco Poland SA | 37602 | 1552679 |
|  | Bank Handlowy w <br> Warszawie SA<br>| 29953 | 934215 |
| \* | Bank Millennium SA | 444766 | 1720530 |
|  | Bank Polska Kasa <br> Opieki SA<br>| 133639 | 6698203 |
| # | Budimex SA | 12138 | 2040154 |
| \* | CCC SA | 37178 | 2149737 |
|  | CD Projekt SA | 44790 | 2773404 |
| \* | Cyfrowy Polsat SA | 27938 | 137018 |
| \*Ω | Dino Polska SA | 31277 | 4384640 |
|  | ING Bank Slaski SA | 26504 | 2301217 |
|  | KGHM Polska Miedz <br> SA<br>| 100333 | 3202878 |
|  | KRUK SA | 2413 | 255978 |
| # | LPP SA | 786 | 3216904 |
| \* | mBank SA | 11828 | 2577137 |
|  | Orange Polska SA | 634758 | 1630975 |
|  | ORLEN SA | 365258 | 6595955 |
| \* | PGE Polska Grupa <br> Energetyczna SA<br>| 566330 | 1236928 |
|  | Powszechna Kasa <br> Oszczednosci Bank <br> Polski SA<br>| 344222 | 6617986 |
|  | Powszechny Zaklad <br> Ubezpieczen SA<br>| 383785 | 5987353 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) |
|  | Santander Bank <br> Polska SA<br>| 19941 | $3067154 |
| TOTAL POLAND | TOTAL POLAND |  | 62098986 |
| QATAR — (0.8%) | QATAR — (0.8%) | QATAR — (0.8%) | QATAR — (0.8%) |
|  | Al Rayan Bank | 3472385 | 2132188 |
|  | Barwa Real Estate <br> Co.<br>| 1205978 | 928038 |
|  | Commercial Bank <br> PSQC <br>| 3215354 | 3801446 |
|  | Dukhan Bank | 320902 | 308432 |
|  | Industries Qatar QSC | 370148 | 1276704 |
|  | Mesaieed <br> Petrochemical <br> Holding Co.<br>| 3895258 | 1508145 |
|  | Ooredoo QPSC | 1165199 | 4151218 |
|  | Qatar Electricity & <br> Water Co. QSC<br>| 365540 | 1534459 |
|  | Qatar Fuel QSC | 418304 | 1723341 |
|  | Qatar Gas Transport <br> Co. Ltd.<br>| 2602476 | 3271981 |
|  | Qatar International <br> Islamic Bank QSC<br>| 742448 | 2163864 |
|  | Qatar Islamic Bank <br> QPSC<br>| 622160 | 3608591 |
|  | Qatar National Bank <br> QPSC<br>| 3503710 | 16069800 |
|  | Qatar Navigation QSC | 482744 | 1470466 |
| TOTAL QATAR | TOTAL QATAR |  | 43948673 |
| RUSSIA — (0.0%) | RUSSIA — (0.0%) | RUSSIA — (0.0%) | RUSSIA — (0.0%) |
| \*†† | Gazprom PJSC <br> (OGZD LI), <br> Sponsored ADR<br>| 982159 | 0 |
| \*†† | Gazprom PJSC <br> (OGZPY US), <br> Sponsored ADR<br>| 311153 | 0 |
| \*†† | Magnitogorsk Iron & <br> Steel Works PJSC <br> (MMK LI), GDR<br>| 172148 | 0 |
| \*†† | PhosAgro PJSC | 582 | 0 |
| \*†† | Polyus PJSC (PLZL <br> LI), GDR<br>| 20177 | 0 |
| \*†† | RusHydro PJSC <br> (HYDR LI), ADR<br>| 801602 | 0 |
| \*†† | RusHydro PJSC <br> (RSHYY US), ADR<br>| 6421 | 0 |
| \*†† | Sberbank of Russia <br> PJSC (SBER LI), <br> Sponsored ADR<br>| 948237 | 0 |
| \*†† | Severstal PAO (SVJTY <br> US), GDR<br>| 110 | 0 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| RUSSIA — (Continued) | RUSSIA — (Continued) | RUSSIA — (Continued) | RUSSIA — (Continued) |
| \*†† | Severstal PAO (SVST <br> LI), GDR<br>| 67765 | $0 |
| \*†† | VTB Bank PJSC <br> (VTBR LI), GDR<br>| 1705908 | 0 |
| SAUDI ARABIA — (3.7%) | SAUDI ARABIA — (3.7%) | SAUDI ARABIA — (3.7%) | SAUDI ARABIA — (3.7%) |
|  | ACWA Power Co. | 73421 | 6295969 |
|  | Ades Holding Co. | 36943 | 149142 |
|  | Al Rajhi Bank | 1032597 | 26824750 |
| \* | Al Rajhi Co. for <br> Co-operative <br> Insurance<br>| 19886 | 695339 |
|  | Aldrees Petroleum & <br> Transport Services <br> Co.<br>| 21423 | 787390 |
|  | Alinma Bank | 939614 | 7277562 |
|  | Almarai Co. JSC | 429424 | 6048881 |
|  | Arab National Bank | 729305 | 4183245 |
|  | Arabian Internet & <br> Communications <br> Services Co.<br>| 21572 | 1650679 |
|  | Astra Industrial Group <br> Co.<br>| 20195 | 805094 |
|  | Bank AlBilad | 554211 | 4282852 |
| \* | Bank Al-Jazira | 705418 | 2542738 |
|  | Banque Saudi Fransi | 849909 | 4163141 |
|  | Bupa Arabia for <br> Cooperative <br> Insurance Co.<br>| 65550 | 2938712 |
|  | Co. for Cooperative <br> Insurance <br>| 58079 | 2153105 |
|  | Dallah Healthcare Co. | 15388 | 500945 |
| \* | Dar Al Arkan Real <br> Estate Development <br> Co.<br>| 631050 | 3685364 |
|  | Dr. Sulaiman Al Habib <br> Medical Services <br> Group Co.<br>| 72039 | 5499063 |
|  | Elm Co. | 10710 | 2963687 |
|  | Etihad Etisalat Co. | 544542 | 9122378 |
|  | Jarir Marketing Co. | 521114 | 1754907 |
|  | Mouwasat Medical <br> Services Co.<br>| 103240 | 1998493 |
|  | Nahdi Medical Co. | 34141 | 1034163 |
| \* | Rabigh Refining & <br> Petrochemical Co.<br>| 107748 | 204588 |
|  | Riyad Bank | 1167964 | 9588121 |
|  | Riyadh Cables Group <br> Co.<br>| 24334 | 825630 |
|  | SABIC Agri-Nutrients <br> Co.<br>| 184262 | 4853939 |
|  | Sahara International <br> Petrochemical Co.<br>| 421664 | 2137436 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
|  | SAL Saudi Logistics <br> Services<br>| 14609 | $711987 |
| \* | Saudi Arabian Mining <br> Co.<br>| 482233 | 6573006 |
| Ω | Saudi Arabian Oil Co. | 2429168 | 16423600 |
|  | Saudi Aramco Base Oil <br> Co.<br>| 42103 | 1115324 |
|  | Saudi Awwal Bank | 735546 | 6882801 |
|  | Saudi Basic Industries <br> Corp.<br>| 343682 | 5588496 |
|  | Saudi Electricity Co. | 627932 | 2507581 |
|  | Saudi Industrial <br> Investment Group<br>| 212931 | 858830 |
|  | Saudi Investment Bank <br>| 549691 | 2208462 |
|  | Saudi National Bank  | 1208763 | 11517118 |
| \* | Saudi Research & <br> Media Group<br>| 42250 | 1951878 |
|  | Saudi Tadawul Group <br> Holding Co.<br>| 28777 | 1409696 |
|  | Saudi Telecom Co. | 1610272 | 20443636 |
| \* | Savola Group  | 155432 | 1298588 |
|  | Yanbu National <br> Petrochemical Co.<br>| 173634 | 1480367 |
| TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA |  | 195938683 |
| SOUTH AFRICA — (2.8%) | SOUTH AFRICA — (2.8%) | SOUTH AFRICA — (2.8%) | SOUTH AFRICA — (2.8%) |
| # | Absa Group Ltd. | 655562 | 6050131 |
| # | Anglo American <br> Platinum Ltd.<br>| 30706 | 1051496 |
|  | Aspen Pharmacare <br> Holdings Ltd.<br>| 332053 | 2180426 |
|  | Bid Corp. Ltd. | 194541 | 4888821 |
|  | Bidvest Group Ltd. | 374218 | 4744103 |
|  | Capitec Bank Holdings <br> Ltd.<br>| 37356 | 6933504 |
|  | Clicks Group Ltd. | 270340 | 5758374 |
|  | Discovery Ltd. | 573513 | 6370395 |
| # | Exxaro Resources Ltd. | 228442 | 1870221 |
|  | FirstRand Ltd. | 2638155 | 10329277 |
|  | Gold Fields Ltd. (GFI <br> SJ)<br>| 2573 | 57710 |
| # | Gold Fields Ltd. (GFI <br> US), Sponsored <br> ADR<br>| 584160 | 13166966 |
|  | Harmony Gold Mining <br> Co. Ltd. (HAR SJ)<br>| 355901 | 5592049 |
|  | Harmony Gold Mining <br> Co. Ltd. (HMY US), <br> Sponsored ADR<br>| 251806 | 4006233 |
| \* | Impala Platinum <br> Holdings Ltd.<br>| 705293 | 4194466 |
|  | Investec Ltd. | 212651 | 1327173 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |
|  | Kumba Iron Ore Ltd. | 42784 | $747574 |
|  | Mr. Price Group Ltd. | 242177 | 3095232 |
|  | MTN Group Ltd. | 1300541 | 8607390 |
| \* | MultiChoice Group | 45892 | 268249 |
|  | Naspers Ltd., Class N | 52302 | 13752399 |
|  | Nedbank Group Ltd. | 421077 | 5751227 |
|  | Northam Platinum <br> Holdings Ltd.<br>| 138989 | 932917 |
|  | Old Mutual Ltd. (OMU <br> SJ)<br>| 2884437 | 1759978 |
|  | OUTsurance Group <br> Ltd.<br>| 716570 | 2947246 |
| Ω | Pepkor Holdings Ltd. | 2534020 | 3668281 |
|  | Sanlam Ltd. | 1145535 | 5215672 |
| # | Sasol Ltd. (SSL US), <br> Sponsored ADR<br>| 305779 | 1064111 |
|  | Shoprite Holdings Ltd. | 353663 | 5441522 |
|  | Standard Bank Group <br> Ltd.<br>| 1025361 | 12804867 |
|  | Tiger Brands Ltd. | 10967 | 171032 |
|  | Vodacom Group Ltd. | 426700 | 3157254 |
|  | Woolworths Holdings <br> Ltd.<br>| 476540 | 1477618 |
| TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA |  | 149383914 |
| SOUTH KOREA — (10.3%) | SOUTH KOREA — (10.3%) | SOUTH KOREA — (10.3%) | SOUTH KOREA — (10.3%) |
| \* | ABLBio, Inc. | 5576 | 256990 |
| \* | Alteogen, Inc. | 12531 | 3091020 |
| # | Amorepacific Corp. | 13422 | 1177132 |
|  | BGF retail Co. Ltd. | 5388 | 407146 |
| # | BNK Financial Group, <br> Inc.<br>| 280250 | 2042749 |
| #\* | Celltrion Pharm, Inc. | 6714 | 226722 |
|  | Celltrion, Inc. | 43372 | 4918679 |
|  | Cheil Worldwide, Inc. | 72361 | 944423 |
|  | CJ CheilJedang Corp. | 9811 | 1650067 |
| # | CJ Corp. | 23422 | 2047402 |
|  | CJ Logistics Corp. | 11017 | 642688 |
|  | Classys, Inc. | 17370 | 785428 |
| # | Cosmax, Inc. | 5781 | 701547 |
| # | Coway Co. Ltd. | 62794 | 3866255 |
|  | DB HiTek Co. Ltd. | 20324 | 549421 |
|  | DB Insurance Co. Ltd. | 66094 | 4258126 |
| # | Dongsuh Cos., Inc. | 20637 | 377958 |
|  | Doosan Bobcat, Inc. | 62204 | 2138606 |
| # | Doosan Co. Ltd. | 7670 | 1631611 |
| \* | Doosan Enerbility Co. <br> Ltd.<br>| 371328 | 7544108 |
| # | Douzone Bizon Co. <br> Ltd.<br>| 12054 | 517084 |
| #\* | Ecopro BM Co. Ltd. | 16592 | 1181849 |
| # | Ecopro Co. Ltd. | 53748 | 1921544 |
|  | E-MART, Inc. | 15473 | 995428 |
| #\* | Enchem Co. Ltd. | 5103 | 284365 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | F&F Co. Ltd. | 10965 | $544442 |
|  | GS Holdings Corp. <br> (078930 KS)<br>| 55047 | 1496792 |
| \* | GS P&L Co. Ltd. | 6432 | 95710 |
|  | GS Retail Co. Ltd. | 27117 | 282211 |
|  | Hana Financial Group, <br> Inc.<br>| 335831 | 15229971 |
| # | Hanjin Kal Corp. | 16227 | 903592 |
|  | Hankook Tire & <br> Technology Co. Ltd.<br>| 92545 | 2688045 |
|  | Hanmi Pharm Co. Ltd. | 5922 | 1120140 |
| # | Hanmi Science Co. <br> Ltd.<br>| 6586 | 134615 |
| # | Hanmi Semiconductor <br> Co. Ltd.<br>| 31164 | 1667816 |
| #\* | Hanon Systems | 155102 | 388674 |
| # | Hanwha Aerospace <br> Co. Ltd.<br>| 18477 | 10384140 |
|  | Hanwha Corp. | 13652 | 463032 |
| \* | Hanwha Engine | 16299 | 313251 |
| \* | Hanwha Life Insurance <br> Co. Ltd.<br>| 278753 | 519978 |
| \* | Hanwha Ocean Co. <br> Ltd.<br>| 26940 | 1488512 |
| # | Hanwha Solutions <br> Corp.<br>| 92221 | 1938860 |
| # | Hanwha Systems Co. <br> Ltd.<br>| 49412 | 1361337 |
| #\* | Hanwha Vision Co. <br> Ltd.<br>| 23871 | 1012853 |
|  | HD Hyundai Co. Ltd. | 62346 | 3448048 |
| # | HD Hyundai Electric <br> Co. Ltd.<br>| 17979 | 3912676 |
| # | HD Hyundai Heavy <br> Industries Co. Ltd.<br>| 7340 | 2075967 |
|  | HD Hyundai Infracore <br> Co. Ltd.<br>| 68158 | 395956 |
| # | HD Hyundai Mipo | 15343 | 1802392 |
|  | HD Korea Shipbuilding <br> & Offshore <br> Engineering Co. <br> Ltd.<br>| 32896 | 6292895 |
| # | HL Mando Co. Ltd. | 34399 | 902586 |
| #\* | HLB Life Science Co. <br> Ltd.<br>| 3810 | 16844 |
| \* | HLB, Inc. | 39414 | 1571750 |
| # | HMM Co. Ltd. | 206035 | 2651759 |
|  | HPSP Co. Ltd. | 33404 | 528617 |
| \* | Hugel, Inc. | 5376 | 1377563 |
|  | HYBE Co. Ltd. | 5966 | 1122682 |
| # | Hyosung Heavy <br> Industries Corp.<br>| 2938 | 1016171 |
| # | Hyundai Autoever <br> Corp.<br>| 6615 | 573328 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Hyundai Elevator Co. <br> Ltd.<br>| 15545 | $807045 |
|  | Hyundai Engineering & <br> Construction Co. <br> Ltd.<br>| 70249 | 2058693 |
|  | Hyundai Glovis Co. <br> Ltd.<br>| 55510 | 4450893 |
| \* | Hyundai Marine & Fire <br> Insurance Co. Ltd.<br>| 56367 | 881974 |
|  | Hyundai Mobis Co. <br> Ltd.<br>| 37537 | 7046018 |
|  | Hyundai Motor Co. | 83302 | 11162427 |
|  | Hyundai Rotem Co. <br> Ltd.<br>| 66286 | 5224598 |
|  | Hyundai Steel Co. | 77199 | 1329006 |
|  | Industrial Bank of <br> Korea<br>| 349414 | 3771019 |
| # | IsuPetasys Co. Ltd. | 38208 | 862674 |
|  | JB Financial Group Co. <br> Ltd.<br>| 159888 | 1921060 |
|  | Jusung Engineering <br> Co. Ltd.<br>| 14931 | 352414 |
|  | JYP Entertainment <br> Corp.<br>| 22204 | 1080049 |
|  | Kakao Corp. | 98695 | 2651415 |
| # | KakaoBank Corp. | 52327 | 820186 |
| #\* | Kakaopay Corp. | 16905 | 376405 |
|  | Kangwon Land, Inc. | 61635 | 703572 |
|  | KB Financial Group, <br> Inc. (105560 KS)<br>| 271232 | 17141490 |
|  | KB Financial Group, <br> Inc. (KB US), ADR<br>| 2997 | 188751 |
| # | KCC Corp. | 4208 | 738969 |
| # | KEPCO Engineering & <br> Construction Co., <br> Inc.<br>| 7306 | 348934 |
|  | KEPCO Plant Service <br> & Engineering Co. <br> Ltd.<br>| 15981 | 493688 |
|  | Kia Corp. | 207178 | 13166839 |
| # | KIWOOM Securities <br> Co. Ltd.<br>| 24172 | 2324361 |
|  | Kolmar Korea Co. Ltd. | 4198 | 224351 |
|  | Korea Aerospace <br> Industries Ltd.<br>| 73272 | 4288654 |
|  | Korea Electric Power <br> Corp. (015760 KS)<br>| 174992 | 3155989 |
|  | Korea Gas Corp. | 24489 | 667128 |
|  | Korea Investment <br> Holdings Co. Ltd.<br>| 51532 | 3008699 |
|  | Korean Air Lines Co. <br> Ltd.<br>| 201280 | 2967440 |
| #\* | Krafton, Inc. | 21699 | 5680843 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | KT Corp. (KT US), <br> Sponsored ADR<br>| 82100 | $1597666 |
| # | KT&G Corp. | 74875 | 6043481 |
|  | Kumho Petrochemical <br> Co. Ltd.<br>| 18979 | 1587999 |
| \* | L&F Co. Ltd. | 7625 | 347269 |
| # | LEENO Industrial, Inc. | 54160 | 1375476 |
|  | LG Chem Ltd. | 32660 | 4949958 |
|  | LG Corp. | 66651 | 3121194 |
| #\* | LG Display Co. Ltd. <br> (034220 KS)<br>| 124130 | 737443 |
| #\* | LG Display Co. Ltd. <br> (LPL US), ADR<br>| 290355 | 850740 |
|  | LG Electronics, Inc. | 151852 | 7622299 |
| \* | LG Energy Solution <br> Ltd.<br>| 6265 | 1429367 |
|  | LG H&H Co. Ltd. | 7321 | 1734648 |
| # | LG Innotek Co. Ltd. | 15931 | 1565970 |
|  | LG Uplus Corp. | 259247 | 2188972 |
| # | LIG Nex1 Co. Ltd. | 12128 | 2739949 |
| #\* | LigaChem Biosciences, <br> Inc.<br>| 11496 | 847187 |
| # | Lotte Chemical Corp. | 14982 | 635531 |
|  | Lotte Corp. | 27178 | 431153 |
|  | Lotte Shopping Co. <br> Ltd.<br>| 3834 | 181936 |
| # | LS Corp. | 25378 | 2351050 |
| # | LS Electric Co. Ltd. | 25318 | 3656734 |
|  | Macquarie Korea <br> Infrastructure Fund<br>| 344247 | 2774621 |
|  | Meritz Financial Group, <br> Inc.<br>| 90987 | 7948697 |
|  | Mirae Asset Securities <br> Co. Ltd.<br>| 214254 | 1780946 |
| # | Misto Holdings Corp. | 47517 | 1235640 |
|  | NAVER Corp. | 32301 | 4544931 |
| # | NCSoft Corp. | 8233 | 847464 |
| #Ω | Netmarble Corp. | 22623 | 711628 |
|  | NH Investment & <br> Securities Co. Ltd.<br>| 173235 | 1872823 |
| # | NongShim Co. Ltd. | 2975 | 843126 |
| # | Orion Corp. | 25328 | 2195433 |
| # | Pan Ocean Co. Ltd. | 290858 | 684403 |
| \* | Pearl Abyss Corp. | 16556 | 412459 |
| #\* | Peptron, Inc. | 3933 | 449925 |
| # | PharmaResearch Co. <br> Ltd.<br>| 3718 | 984783 |
|  | Poongsan Corp. | 15014 | 626880 |
| # | Posco DX Co. Ltd. | 45598 | 786477 |
| #\* | POSCO Future M Co. <br> Ltd.<br>| 8327 | 731061 |
| # | POSCO Holdings, Inc. <br> (005490 KS)<br>| 38347 | 7008022 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | POSCO Holdings, Inc. <br> (PKX US), <br> Sponsored ADR<br>| 2579 | $117422 |
| # | Posco International <br> Corp.<br>| 43584 | 1502541 |
| #\* | Rainbow Robotics | 4141 | 785503 |
|  | S-1 Corp. | 17230 | 767949 |
| # | Sam Chun Dang <br> Pharm Co. Ltd.<br>| 7088 | 701883 |
| #\*Ω | Samsung Biologics Co. <br> Ltd.<br>| 8033 | 5944970 |
|  | Samsung C&T Corp. | 50399 | 4337326 |
| # | Samsung Card Co. <br> Ltd. (029780 KS)<br>| 30927 | 913347 |
| # | Samsung <br> Electro-Mechanics <br> Co. Ltd.<br>| 36362 | 3000002 |
|  | Samsung Electronics <br> Co. Ltd. (005930 <br> KS)<br>| 3188235 | 124397070 |
|  | Samsung Engineering <br> Co. Ltd.<br>| 171487 | 2318737 |
|  | Samsung Fire & <br> Marine Insurance <br> Co. Ltd.<br>| 31100 | 8205041 |
| \* | Samsung Heavy <br> Industries Co. Ltd.<br>| 315378 | 3231239 |
| # | Samsung Life <br> Insurance Co. Ltd.<br>| 52083 | 3162355 |
|  | Samsung SDI Co. Ltd. | 41707 | 5164602 |
|  | Samsung SDS Co. <br> Ltd.<br>| 25315 | 2281303 |
|  | Samsung Securities <br> Co. Ltd.<br>| 120021 | 4399556 |
| # | Samyang Foods Co. <br> Ltd.<br>| 3294 | 2248287 |
|  | Shinhan Financial <br> Group Co. Ltd. <br> (055550 KS)<br>| 291646 | 10540093 |
|  | Shinhan Financial <br> Group Co. Ltd. <br> (SHG US), ADR<br>| 34854 | 1254047 |
|  | Shinsegae, Inc. | 1464 | 162316 |
| #\* | SK Biopharmaceuticals <br> Co. Ltd.<br>| 20499 | 1537166 |
| #\* | SK Bioscience Co. <br> Ltd.<br>| 14057 | 392175 |
|  | SK Gas Ltd. | 1420 | 239273 |
|  | SK Hynix, Inc. | 350913 | 43784493 |
| # | SK Innovation Co. Ltd. | 31478 | 2090805 |
|  | SK Telecom Co. Ltd. <br> (017670 KS)<br>| 46340 | 1770501 |
|  | SK, Inc. | 34463 | 3207467 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| #\* | SKC Co. Ltd. | 11449 | $821351 |
|  | SL Corp. | 5895 | 136142 |
|  | SM Entertainment Co. <br> Ltd.<br>| 5222 | 454061 |
| # | S-Oil Corp. | 35981 | 1314236 |
|  | Soulbrain Co. Ltd. | 2201 | 268142 |
| #\* | Taihan Electric Wire <br> Co. Ltd.<br>| 43396 | 355522 |
|  | Woori Financial Group, <br> Inc. (316140 KS)<br>| 739934 | 9214067 |
|  | Youngone Corp. | 16176 | 539393 |
| # | Yuhan Corp. | 26942 | 2159081 |
| TOTAL SOUTH KOREA | TOTAL SOUTH KOREA |  | 549931942 |
| TAIWAN — (17.6%) | TAIWAN — (17.6%) | TAIWAN — (17.6%) | TAIWAN — (17.6%) |
|  | Accton Technology <br> Corp.<br>| 294000 | 5476138 |
| # | Acer, Inc. | 3398811 | 3713965 |
|  | Advanced Energy <br> Solution Holding Co. <br> Ltd.<br>| 21000 | 560609 |
|  | Advantech Co. Ltd. | 233089 | 2441879 |
|  | Airoha Technology <br> Corp.<br>| 18000 | 285042 |
| # | Airtac International <br> Group<br>| 113602 | 3120217 |
| # | Alchip Technologies <br> Ltd.<br>| 52000 | 3474937 |
| # | ASE Technology <br> Holding Co. Ltd.<br>| 1651782 | 7038570 |
|  | Asia Cement Corp. | 2725758 | 3839353 |
| # | Asia Vital Components <br> Co. Ltd.<br>| 173000 | 2540117 |
| # | ASMedia Technology, <br> Inc.<br>| 22000 | 1163228 |
|  | ASPEED Technology, <br> Inc.<br>| 31300 | 2944590 |
|  | Asustek Computer, <br> Inc.<br>| 553180 | 10115943 |
| # | AUO Corp. (2409 TT) | 7603498 | 2925443 |
|  | Bizlink Holding, Inc. | 141551 | 2396201 |
| # | Bora Pharmaceuticals <br> Co. Ltd.<br>| 54255 | 1211979 |
| \* | Caliway <br> Biopharmaceuticals <br> Co. Ltd.<br>| 39000 | 815051 |
|  | Capital Securities <br> Corp.<br>| 771000 | 627284 |
| # | Catcher Technology <br> Co. Ltd.<br>| 708429 | 4822430 |
|  | Cathay Financial <br> Holding Co. Ltd.<br>| 4347393 | 8010112 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Chailease Holding Co. <br> Ltd.<br>| 1434952 | $5163094 |
|  | Chang Hwa <br> Commercial Bank <br> Ltd.<br>| 5142448 | 2932335 |
| # | Cheng Shin Rubber <br> Industry Co. Ltd.<br>| 2121965 | 3277406 |
|  | Chicony Electronics <br> Co. Ltd.<br>| 810497 | 3905263 |
|  | China Airlines Ltd. | 5213536 | 3434474 |
|  | China Steel Corp. | 9023932 | 5835714 |
| # | Chipbond Technology <br> Corp.<br>| 446000 | 886793 |
|  | Chroma ATE, Inc. | 372000 | 3400541 |
| # | Chung-Hsin Electric & <br> Machinery <br> Manufacturing Corp.<br>| 562000 | 2242473 |
|  | Chunghwa Telecom <br> Co. Ltd. (2412 TT)<br>| 722000 | 2918977 |
| # | Chunghwa Telecom <br> Co. Ltd. (CHT US), <br> Sponsored ADR<br>| 111161 | 4495351 |
|  | Compal Electronics, <br> Inc.<br>| 5016541 | 4322615 |
| # | Compeq Manufacturing <br> Co. Ltd.<br>| 1260000 | 2211597 |
|  | CTBC Financial <br> Holding Co. Ltd.<br>| 10445175 | 12870955 |
|  | Delta Electronics, Inc. | 890486 | 9330687 |
|  | E Ink Holdings, Inc. | 569000 | 3974797 |
|  | E.Sun Financial <br> Holding Co. Ltd.<br>| 10515291 | 9326817 |
| # | Eclat Textile Co. Ltd. | 171402 | 2234119 |
|  | Elite Material Co. Ltd. | 263000 | 4577101 |
|  | eMemory Technology, <br> Inc.<br>| 70000 | 5636505 |
|  | Eva Airways Corp. | 4558758 | 5475658 |
| # | Evergreen Marine <br> Corp. Taiwan Ltd.<br>| 1045289 | 6772404 |
| # | Far Eastern <br> International Bank<br>| 1390809 | 559969 |
|  | Far Eastern New <br> Century Corp.<br>| 3702085 | 3809617 |
|  | Far EasTone <br> Telecommunications <br> Co. Ltd.<br>| 1922000 | 5153955 |
|  | Faraday Technology <br> Corp.<br>| 137097 | 778600 |
| # | Feng TAY Enterprise <br> Co. Ltd.<br>| 471666 | 1669616 |
|  | First Financial Holding <br> Co. Ltd.<br>| 9701863 | 7725665 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Formosa Chemicals & <br> Fibre Corp.<br>| 2872518 | $2244743 |
| # | Formosa <br> Petrochemical Corp.<br>| 651000 | 712680 |
| # | Formosa Plastics <br> Corp.<br>| 2928153 | 3119752 |
| # | Fortune Electric Co. <br> Ltd.<br>| 114200 | 1505197 |
|  | Foxconn Technology <br> Co. Ltd.<br>| 1025627 | 1908991 |
|  | Fubon Financial <br> Holding Co. Ltd.<br>| 3789252 | 10043148 |
|  | Getac Holdings Corp. | 429000 | 1443577 |
| # | Giant Manufacturing <br> Co. Ltd.<br>| 344810 | 1407593 |
| # | Gigabyte Technology <br> Co. Ltd.<br>| 430000 | 3104177 |
|  | Global Unichip Corp. | 70000 | 2248763 |
| # | Globalwafers Co. Ltd. | 282000 | 2721597 |
|  | Gold Circuit Electronics <br> Ltd.<br>| 370000 | 2225804 |
|  | Great Wall Enterprise <br> Co. Ltd.<br>| 269000 | 503383 |
| # | Highwealth <br> Construction Corp.<br>| 1379444 | 1763091 |
| # | Hiwin Technologies <br> Corp.<br>| 368291 | 2542254 |
|  | Hon Hai Precision <br> Industry Co. Ltd. <br> (2317 TT)<br>| 5740322 | 25574836 |
|  | Hotai Finance Co. Ltd. | 95940 | 203899 |
|  | Hotai Motor Co. Ltd. | 206960 | 4028386 |
|  | Hua Nan Financial <br> Holdings Co. Ltd.<br>| 7488645 | 6340767 |
|  | Innolux Corp. | 6766372 | 2897761 |
| # | International Games <br> System Co. Ltd.<br>| 284000 | 7362954 |
| # | Inventec Corp. | 2220550 | 2836421 |
|  | Jentech Precision <br> Industrial Co. Ltd.<br>| 50000 | 1574485 |
|  | Jinan Acetate <br> Chemical Co. Ltd.<br>| 59657 | 1570414 |
|  | Johnson Health Tech <br> Co. Ltd.<br>| 74000 | 399295 |
| # | JSL Construction & <br> Development Co. <br> Ltd.<br>| 89180 | 230241 |
|  | KGI Financial Holding <br> Co. Ltd.<br>| 13094045 | 6791562 |
|  | King Slide Works Co. <br> Ltd.<br>| 33000 | 1804967 |
|  | King Yuan Electronics <br> Co. Ltd.<br>| 1526000 | 4149833 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | King's Town Bank Co. <br> Ltd.<br>| 329000 | $498099 |
|  | L&K Engineering Co. <br> Ltd.<br>| 131000 | 968241 |
|  | Largan Precision Co. <br> Ltd. (3008 TT)<br>| 69860 | 4980435 |
|  | Lien Hwa Industrial <br> Holdings Corp.<br>| 1000819 | 1371564 |
| # | Lite-On Technology <br> Corp.<br>| 1515410 | 4582944 |
|  | Lotes Co. Ltd. | 90700 | 3566298 |
|  | Lotus Pharmaceutical <br> Co. Ltd.<br>| 176000 | 1212536 |
|  | Makalot Industrial Co. <br> Ltd.<br>| 205020 | 1824206 |
|  | MediaTek, Inc. | 702995 | 29872414 |
|  | Mega Financial <br> Holding Co. Ltd.<br>| 5243541 | 6209822 |
|  | Merida Industry Co. <br> Ltd.<br>| 145287 | 602603 |
|  | Micro-Star International <br> Co. Ltd.<br>| 837000 | 3660681 |
|  | Mitac Holdings Corp. | 288000 | 479639 |
|  | momo.com, Inc. | 81555 | 824868 |
| # | MPI Corp. | 42000 | 860076 |
|  | Myson Century, Inc. | 1020000 | 1876067 |
| # | Nan Ya Plastics Corp. | 3180599 | 3047994 |
| # | Nan Ya Printed Circuit <br> Board Corp.<br>| 144000 | 444727 |
| #\* | Nanya Technology <br> Corp.<br>| 1217010 | 1374060 |
|  | Nien Made Enterprise <br> Co. Ltd.<br>| 214000 | 2620608 |
| # | Novatek <br> Microelectronics <br> Corp.<br>| 579000 | 9416421 |
|  | Parade Technologies <br> Ltd.<br>| 43000 | 726821 |
|  | Pegatron Corp. | 1854345 | 4711469 |
| \* | PharmaEssentia Corp. | 175869 | 2891446 |
|  | Phison Electronics <br> Corp.<br>| 169000 | 2363067 |
|  | Pou Chen Corp. | 2506487 | 2581100 |
| #\* | Powerchip <br> Semiconductor <br> Manufacturing Corp.<br>| 3526000 | 1558799 |
|  | Powertech Technology, <br> Inc.<br>| 902819 | 3067795 |
|  | President Chain Store <br> Corp.<br>| 420831 | 3441374 |
|  | Qisda Corp. | 1446000 | 1211304 |
| # | Quanta Computer, Inc. | 1232000 | 9255630 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Radiant <br> Opto-Electronics <br> Corp.<br>| 571000 | $2652449 |
|  | Realtek Semiconductor <br> Corp.<br>| 248950 | 4092505 |
|  | Ruentex Development <br> Co. Ltd.<br>| 1695101 | 1744841 |
|  | Ruentex Industries <br> Ltd.<br>| 660214 | 1134606 |
|  | Sakura Development <br> Co. Ltd.<br>| 104000 | 197857 |
|  | Sanyang Motor Co. <br> Ltd.<br>| 244000 | 528729 |
|  | Shanghai Commercial <br> & Savings Bank Ltd.<br>| 3245718 | 4786357 |
|  | Shihlin Electric & <br> Engineering Corp.<br>| 191000 | 856339 |
| \* | Shin Kong Financial <br> Holding Co. Ltd.<br>| 15375017 | 5673606 |
| # | Silergy Corp. | 235000 | 2962480 |
|  | Simplo Technology Co. <br> Ltd.<br>| 216000 | 2364302 |
|  | Sinbon Electronics Co. <br> Ltd.<br>| 194000 | 1351648 |
|  | Sino-American Silicon <br> Products, Inc.<br>| 686000 | 2378121 |
|  | SinoPac Financial <br> Holdings Co. Ltd.<br>| 9664006 | 6457706 |
| #\* | Starlux Airlines Co. <br> Ltd.<br>| 1024000 | 776870 |
|  | Synnex Technology <br> International Corp.<br>| 1370343 | 3040156 |
|  | TA Chen Stainless <br> Pipe<br>| 1965787 | 2583743 |
|  | Taichung Commercial <br> Bank Co. Ltd.<br>| 3677151 | 2280569 |
| # | Taishin Financial <br> Holding Co. Ltd.<br>| 11240388 | 5873885 |
|  | Taiwan Business Bank | 8436964 | 3736630 |
|  | Taiwan Cooperative <br> Financial Holding <br> Co. Ltd.<br>| 7644595 | 5838705 |
|  | Taiwan FamilyMart Co. <br> Ltd.<br>| 22000 | 142986 |
|  | Taiwan Fertilizer Co. <br> Ltd.<br>| 239000 | 383362 |
| #\* | Taiwan Glass Industry <br> Corp.<br>| 666375 | 293261 |
|  | Taiwan High Speed <br> Rail Corp.<br>| 1649000 | 1399939 |
|  | Taiwan Mobile Co. <br> Ltd.<br>| 1824300 | 6477189 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Taiwan Secom Co. <br> Ltd.<br>| 177670 | $637579 |
|  | Taiwan Semiconductor <br> Manufacturing Co. <br> Ltd. (2330 TT)<br>| 12734808 | 360835068 |
| #\* | Tatung Co. Ltd. | 1748000 | 2222848 |
|  | TCC Group Holdings <br> Co. Ltd.<br>| 5327701 | 4951074 |
|  | Teco Electric & <br> Machinery Co. Ltd.<br>| 1579000 | 2419824 |
| # | Tong Yang Industry Co. <br> Ltd.<br>| 246000 | 1012218 |
|  | Tripod Technology <br> Corp.<br>| 590870 | 3411527 |
|  | U-Ming Marine <br> Transport Corp.<br>| 221000 | 362957 |
|  | Unimicron Technology <br> Corp.<br>| 1269000 | 3743633 |
|  | Union Bank of Taiwan | 972309 | 505973 |
|  | Uni-President <br> Enterprises Corp.<br>| 4692033 | 11275719 |
|  | United Integrated <br> Services Co. Ltd.<br>| 170000 | 2345567 |
| # | United Microelectronics <br> Corp. (2303 TT)<br>| 6388000 | 8963965 |
| # | United Microelectronics <br> Corp. (UMC US), <br> Sponsored ADR<br>| 59082 | 415937 |
| # | Vanguard International <br> Semiconductor <br> Corp.<br>| 1087126 | 3068969 |
|  | VisEra Technologies <br> Co. Ltd.<br>| 117000 | 742383 |
|  | Voltronic Power <br> Technology Corp.<br>| 75224 | 3527347 |
|  | Walsin Lihwa Corp. | 2911818 | 1886294 |
|  | Walsin Technology <br> Corp.<br>| 182000 | 447148 |
| # | Wan Hai Lines Ltd. | 886747 | 2304808 |
| #\* | Winbond Electronics <br> Corp.<br>| 3826591 | 1896840 |
| \*†† | Wintek Corp. | 604760 | 0 |
| # | Wistron Corp. | 2463699 | 7905408 |
|  | Wistron NeWeb Corp. | 189172 | 746047 |
|  | Wiwynn Corp. | 75000 | 4513595 |
|  | WPG Holdings Ltd. | 1741039 | 3688537 |
|  | WT Microelectronics <br> Co. Ltd.<br>| 352945 | 1292863 |
| # | Yageo Corp. | 354634 | 5084808 |
| # | Yang Ming Marine <br> Transport Corp.<br>| 2002000 | 4277228 |
|  | YFY, Inc. | 4000 | 3266 |
|  | Yuanta Financial <br> Holding Co. Ltd.<br>| 9059882 | 8876513 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Yulon Finance Corp. | 334023 | $1128500 |
|  | Yulon Motor Co. Ltd. | 668496 | 823335 |
| # | Zhen Ding Technology <br> Holding Ltd.<br>| 969700 | 2970590 |
| TOTAL TAIWAN | TOTAL TAIWAN |  | 936107074 |
| THAILAND — (1.5%) | THAILAND — (1.5%) | THAILAND — (1.5%) | THAILAND — (1.5%) |
|  | Advanced Info Service <br> PCL<br>| 707700 | 6249708 |
|  | AEON Thana Sinsap <br> Thailand PCL<br>| 26800 | 84640 |
|  | Airports of Thailand <br> PCL<br>| 1666500 | 1908206 |
|  | Asset World Corp. <br> PCL<br>| 2554800 | 168255 |
|  | Bangchak Corp. PCL | 1077100 | 1152711 |
| # | Bangkok Airways PCL | 437900 | 209741 |
|  | Bangkok Bank PCL <br> (BBLF TB)<br>| 539400 | 2260620 |
|  | Bangkok Bank PCL <br> (BBLR TB), NVDR<br>| 126700 | 530998 |
| # | Bangkok Chain <br> Hospital PCL<br>| 919200 | 415504 |
|  | Bangkok Dusit Medical <br> Services PCL, <br> Class F<br>| 4033100 | 2897602 |
|  | Bangkok Expressway <br> & Metro PCL<br>| 5243799 | 926161 |
|  | Bangkok Life <br> Assurance PCL, <br> NVDR<br>| 73900 | 37166 |
|  | Banpu PCL | 4664866 | 600477 |
| # | Berli Jucker PCL | 782800 | 557720 |
|  | Betagro PCL | 332000 | 235546 |
| \* | BTS Group Holdings <br> PCL<br>| 6579900 | 994716 |
|  | Bumrungrad Hospital <br> PCL<br>| 420400 | 2076516 |
| # | Cal-Comp Electronics <br> Thailand PCL, <br> Class F<br>| 1723700 | 307020 |
|  | Carabao Group PCL | 261100 | 488512 |
|  | Central Pattana PCL | 1354900 | 2058410 |
|  | Central Plaza Hotel <br> PCL<br>| 379900 | 284314 |
|  | Central Retail Corp. <br> PCL<br>| 1502350 | 1065879 |
|  | Charoen Pokphand <br> Foods PCL<br>| 3550823 | 2816848 |
|  | Com7 PCL | 942000 | 580907 |
|  | CP ALL PCL | 2232500 | 3441813 |
|  | CP Axtra PCL | 480028 | 362841 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | Delta Electronics <br> Thailand PCL<br>| 1325100 | $3887436 |
|  | Electricity Generating <br> PCL<br>| 203700 | 634181 |
|  | Global Power Synergy <br> PCL<br>| 558300 | 522283 |
| \* | Gulf Development <br> PCL<br>| 1894125 | 2778391 |
|  | Home Product Center <br> PCL<br>| 4266113 | 1085525 |
|  | Indorama Ventures <br> PCL<br>| 1348800 | 767167 |
| # | I-TAIL Corp. PCL | 407500 | 157364 |
|  | Kasikornbank PCL <br> (KBANKF TB)<br>| 220900 | 1054739 |
|  | Kasikornbank PCL <br> (KBANKR TB), <br> NVDR<br>| 5500 | 26261 |
|  | Kiatnakin Phatra Bank <br> PCL<br>| 192787 | 288560 |
|  | Krung Thai Bank PCL | 1463187 | 954871 |
| # | Krungthai Card PCL | 660700 | 919699 |
| # | Land & Houses PCL <br> (LHF TB)<br>| 2849400 | 361666 |
|  | MBK PCL | 612704 | 282462 |
|  | Minor International <br> PCL<br>| 2962683 | 2372452 |
|  | Muangthai Capital <br> PCL<br>| 900700 | 1213336 |
|  | Ngern Tid Lor PCL | 1462949 | 525532 |
|  | Osotspa PCL | 947300 | 448057 |
|  | PTT Exploration & <br> Production PCL<br>| 1156055 | 3443421 |
|  | PTT Global Chemical <br> PCL<br>| 1760125 | 911545 |
| # | PTT Oil & Retail <br> Business PCL<br>| 2005300 | 870434 |
|  | PTT PCL | 6782700 | 6294378 |
| # | Ratch Group PCL | 903700 | 710137 |
|  | SCB X PCL | 405866 | 1445833 |
|  | SCG Packaging PCL | 954401 | 402846 |
|  | Siam Cement PCL  | 418300 | 2003532 |
|  | Siam Global House <br> PCL<br>| 1354982 | 285964 |
|  | Srisawad Corp. PCL | 704369 | 643115 |
|  | Supalai PCL | 912600 | 431644 |
|  | Thai Life Insurance <br> PCL<br>| 1308400 | 481764 |
|  | Thai Oil PCL | 1150617 | 921389 |
|  | Thai Union Group <br> PCL<br>| 2324640 | 751568 |
|  | Thanachart Capital <br> PCL<br>| 314900 | 450126 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
| # | Tisco Financial Group <br> PCL (TISCO/F TB)<br>| 255000 | $750000 |
|  | TMBThanachart Bank <br> PCL<br>| 21657297 | 1186435 |
| \* | True Corp. PCL | 9992986 | 3619672 |
|  | TTW PCL | 469128 | 123584 |
|  | WHA Corp. PCL | 7681500 | 694451 |
| TOTAL THAILAND | TOTAL THAILAND |  | 77414651 |
| TURKEY — (0.7%) | TURKEY — (0.7%) | TURKEY — (0.7%) | TURKEY — (0.7%) |
|  | Ahlatci Dogal Gaz <br> Dagitim Enerji VE <br> Yatirim AS<br>| 48934 | 27111 |
|  | Akbank TAS | 2337356 | 2970124 |
|  | Aksa Akrilik Kimya <br> Sanayii AS<br>| 298193 | 74187 |
|  | Aksa Enerji Uretim AS | 237721 | 192617 |
| # | Alarko Holding AS | 105706 | 253359 |
|  | Anadolu Anonim Turk <br> Sigorta Sirketi<br>| 31679 | 72037 |
| # | Anadolu Efes Biracilik <br> Ve Malt Sanayii AS<br>| 229521 | 954544 |
|  | Anadolu Hayat <br> Emeklilik AS<br>| 19428 | 40586 |
| #\* | Arcelik AS | 76332 | 226218 |
|  | Aselsan Elektronik <br> Sanayi Ve Ticaret <br> AS<br>| 389028 | 1370498 |
|  | Astor Transformator <br> Enerji Turizm Insaat <br> Ve Petrol Sanayi <br> Ticaret AS<br>| 149685 | 392194 |
| # | BIM Birlesik Magazalar <br> AS<br>| 198917 | 2336927 |
|  | Borusan Yatirim ve <br> Pazarlama AS<br>| 2805 | 155185 |
|  | Celebi Hava Servisi <br> AS<br>| 416 | 27282 |
|  | Cimsa Cimento Sanayi <br> VE Ticaret AS<br>| 131107 | 160109 |
|  | Coca-Cola Icecek AS | 769041 | 1043579 |
|  | Dogan Sirketler Grubu <br> Holding AS<br>| 1001315 | 406771 |
| # | Dogus Otomotiv Servis <br> ve Ticaret AS<br>| 74304 | 378357 |
| Ω | Enerjisa Enerji AS | 183384 | 258508 |
| # | Enka Insaat ve Sanayi <br> AS<br>| 775859 | 1294437 |
| # | Eregli Demir ve Celik <br> Fabrikalari TAS<br>| 1821035 | 1069345 |
| # | Ford Otomotiv Sanayi <br> AS<br>| 40824 | 941892 |
| \* | Gubre Fabrikalari TAS | 23608 | 169380 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
|  | Is Yatirim Menkul <br> Degerler AS<br>| 434732 | $407487 |
| \* | Kardemir Karabuk <br> Demir Celik Sanayi <br> ve Ticaret AS <br> (KRDMA TI), <br> Class A<br>| 41274 | 41601 |
|  | Kiler Holding AS | 19833 | 13219 |
| # | KOC Holding AS | 466715 | 1680378 |
|  | Migros Ticaret AS | 45800 | 571134 |
| \*Ω | MLP Saglik Hizmetleri <br> AS<br>| 21634 | 184162 |
|  | Nuh Cimento Sanayi <br> AS<br>| 15870 | 100852 |
| # | Otokar Otomotiv Ve <br> Savunma Sanayi <br> AS<br>| 33601 | 330319 |
| #\* | Oyak Cimento <br> Fabrikalari AS<br>| 780529 | 477784 |
| \* | Pegasus Hava <br> Tasimaciligi AS<br>| 314136 | 1826935 |
| \* | Petkim Petrokimya <br> Holding AS<br>| 817315 | 344457 |
| \* | Reysas Tasimacilik ve <br> Lojistik Ticaret AS<br>| 62085 | 23840 |
| #\* | Sasa Polyester Sanayi <br> AS<br>| 2129384 | 234878 |
|  | Selcuk Ecza Deposu <br> Ticaret ve Sanayi <br> AS<br>| 59652 | 99780 |
| \* | TAV Havalimanlari <br> Holding AS<br>| 190894 | 1136317 |
| \* | Tekfen Holding AS | 38203 | 136079 |
| # | Tofas Turk Otomobil <br> Fabrikasi AS<br>| 74745 | 390893 |
| #\* | Turk Altin Isletmeleri <br> AS<br>| 299082 | 194632 |
| \* | Turk Hava Yollari AO | 406931 | 3019394 |
| \* | Turk Telekomunikasyon <br> AS<br>| 401340 | 548264 |
|  | Turk Traktor ve Ziraat <br> Makineleri AS<br>| 19401 | 306357 |
|  | Turkcell Iletisim <br> Hizmetleri AS<br>| 885693 | 2077439 |
| # | Turkiye Garanti <br> Bankasi AS<br>| 391168 | 1051430 |
|  | Turkiye Is Bankasi AS, <br> Class C<br>| 6047170 | 1628172 |
| # | Turkiye Petrol <br> Rafinerileri AS<br>| 601638 | 1955520 |
|  | Turkiye Sigorta AS | 793360 | 361440 |
|  | Turkiye Sise ve Cam <br> Fabrikalari AS<br>| 973120 | 869437 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| #\* | Turkiye Vakiflar <br> Bankasi TAO, <br> Class D<br>| 1926733 | $1043299 |
| #\* | Ulker Biskuvi Sanayi <br> AS<br>| 132902 | 369620 |
|  | Vestel Beyaz Esya <br> Sanayi ve Ticaret <br> AS<br>| 29061 | 8780 |
| \* | Yapi ve Kredi Bankasi <br> AS<br>| 2781837 | 1654455 |
|  | Ziraat Gayrimenkul <br> Yatirim Ortakligi AS<br>| 333325 | 210034 |
| TOTAL TURKEY | TOTAL TURKEY |  | 38113635 |
| UNITED ARAB EMIRATES — (1.8%) | UNITED ARAB EMIRATES — (1.8%) | UNITED ARAB EMIRATES — (1.8%) | UNITED ARAB EMIRATES — (1.8%) |
|  | Abu Dhabi Commercial <br> Bank PJSC<br>| 2347636 | 7439301 |
|  | Abu Dhabi Islamic <br> Bank PJSC<br>| 1605496 | 7993392 |
|  | Abu Dhabi National Oil <br> Co. for Distribution <br> PJSC<br>| 2765906 | 2538178 |
| \* | Abu Dhabi Ports Co. <br> PJSC<br>| 543884 | 588665 |
|  | ADNOC Drilling Co. <br> PJSC<br>| 2163825 | 2886931 |
|  | Aldar Properties PJSC | 2073696 | 4669868 |
|  | Alpha Dhabi Holding <br> PJSC<br>| 482460 | 1487730 |
|  | Dubai Electricity & <br> Water Authority <br> PJSC<br>| 3949297 | 2881777 |
|  | Dubai Islamic Bank <br> PJSC<br>| 3514920 | 7241758 |
|  | Emaar Development <br> PJSC<br>| 752538 | 2742417 |
|  | Emaar Properties <br> PJSC<br>| 5619079 | 20078383 |
|  | Emirates Integrated <br> Telecommunications <br> Co. PJSC<br>| 359152 | 851359 |
|  | Emirates NBD Bank <br> PJSC<br>| 1937820 | 10844967 |
|  | Emirates <br> Telecommunications <br> Group Co. PJSC<br>| 1555561 | 7371417 |
|  | First Abu Dhabi Bank <br> PJSC<br>| 2084400 | 8528548 |
| \* | International Holding <br> Co. PJSC<br>| 23416 | 2558277 |
| \* | Multiply Group PJSC | 1230901 | 723193 |
|  | NMDC Group PJSC | 25862 | 175986 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |
| Salik Co. PJSC | 1663613 | $2292137 |
| TOTAL UNITED ARAB <br> EMIRATES |  | 93894284 |
| UNITED KINGDOM — (0.1%) | UNITED KINGDOM — (0.1%) | UNITED KINGDOM — (0.1%) |
| Anglogold Ashanti PLC <br> (AU US)<br>| 174864 | 7372266 |
| UNITED STATES — (0.3%) | UNITED STATES — (0.3%) | UNITED STATES — (0.3%) |
| Yum China Holdings, <br> Inc. (9987 HK)<br>| 117550 | 5491637 |
| Yum China Holdings, <br> Inc. (YUMC US)<br>| 240132 | 10400117 |
| TOTAL UNITED STATES |  | 15891754 |
| TOTAL COMMON <br> STOCKS |  | 5169478392 |
| PREFERRED STOCKS — (0.9%) | PREFERRED STOCKS — (0.9%) | PREFERRED STOCKS — (0.9%) |
| BRAZIL — (0.9%) | BRAZIL — (0.9%) | BRAZIL — (0.9%) |
| Banco Bradesco SA, <br> 9.775%<br>| 2216238 | 5361787 |
| Centrais Eletricas <br> Brasileiras SA, <br> 4.010%<br>| 137246 | 1166379 |
| Cia Energetica de <br> Minas Gerais, <br> 10.929%<br>| 1422778 | 2745200 |
| Cia Paranaense de <br> Energia - Copel <br> Class B, 7.077%<br>| 1103567 | 2242076 |
| Energisa SA, 6.888% | 639 | 949 |
| Gerdau SA, 5.337% | 561835 | 1483997 |
| Isa Energia Brasil SA, <br> 9.841%<br>| 223800 | 946048 |
| Itau Unibanco Holding <br> SA, 6.726%<br>| 1938499 | 12153299 |
| Petroleo Brasileiro SA, <br> 17.822%<br>| 3320647 | 17547766 |
| Raizen SA, 0.553% | 307196 | 97975 |
| TOTAL BRAZIL |  | 43745476 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHILE — (0.0%) | CHILE — (0.0%) | CHILE — (0.0%) | CHILE — (0.0%) |
|  | Embotelladora Andina <br> SA, 7.252%<br>| 234235 | $1001860 |
| COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) |
|  | Bancolombia SA, <br> 10.424%<br>| 40292 | 413831 |
|  | Grupo de Inversiones <br> Suramericana SA, <br> 3.782%<br>| 71176 | 634687 |
| TOTAL COLOMBIA | TOTAL COLOMBIA |  | 1048518 |
| TOTAL PREFERRED <br> STOCKS | TOTAL PREFERRED <br> STOCKS |  | 45795854 |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| MALAYSIA — (0.0%) | MALAYSIA — (0.0%) | MALAYSIA — (0.0%) | MALAYSIA — (0.0%) |
| \* | Top Glove Corp. Bhd. <br> Warrants <br> 02/09/2030<br>| 257475 | 13127 |
| SOUTH KOREA — (0.0%) | SOUTH KOREA — (0.0%) | SOUTH KOREA — (0.0%) | SOUTH KOREA — (0.0%) |
| \* | Samsung SDI Co. Ltd. <br> Rights 05/22/2025<br>| 5897 | 142914 |
| THAILAND — (0.0%) | THAILAND — (0.0%) | THAILAND — (0.0%) | THAILAND — (0.0%) |
| \* | MBK PCL Rights <br> 05/16/2025<br>| 39200 | 939 |
| TOTAL <br> RIGHTS/WARRANTS | TOTAL <br> RIGHTS/WARRANTS |  | 156980 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $2,788,064,107) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $2,788,064,107) |  | 5215431226 |

---

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

---

| | | | |
|:---|:---|:---|:---|
| SECURITIES LENDING COLLATERAL — (1.9%) | SECURITIES LENDING COLLATERAL — (1.9%) | SECURITIES LENDING COLLATERAL — (1.9%) | SECURITIES LENDING COLLATERAL — (1.9%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 8947863 | 103482041 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $2,891,548,798) | (Cost $2,891,548,798) |  | $5318913267 |

---

------

**The Emerging Markets Series**

**CONTINUED**

As of April 30, 2025, The Emerging Markets Series had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 121 | 06/20/25 | &nbsp;&nbsp; $32040344 | &nbsp;&nbsp; $33801350 | &nbsp;&nbsp; $1761006 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$32040344** | &nbsp;&nbsp; **$33801350** | &nbsp;&nbsp; **$1761006** |

---

As of April 30, 2025, the value of Rule 144A securities amounted to $244,361,933 or 4.7% of net assets.

Summary of the Series' investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Belgium | &nbsp;&nbsp; — | &nbsp;&nbsp; $1856400 | &nbsp;&nbsp; — | &nbsp;&nbsp; $1856400 |
| Brazil | &nbsp;&nbsp; $156254896 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 156254896 |
| Chile | &nbsp;&nbsp; 26925561 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 26925561 |
| China | &nbsp;&nbsp; 157280678 | &nbsp;&nbsp; 1167117157 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1324397835 |
| Colombia | &nbsp;&nbsp; 6286657 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 6286657 |
| Czech Republic | &nbsp;&nbsp; — | &nbsp;&nbsp; 10438581 | &nbsp;&nbsp; — | &nbsp;&nbsp; 10438581 |
| Egypt | &nbsp;&nbsp; 190849 | &nbsp;&nbsp; 2409662 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2600511 |
| Greece | &nbsp;&nbsp; — | &nbsp;&nbsp; 31707731 | &nbsp;&nbsp; — | &nbsp;&nbsp; 31707731 |
| Hong Kong | &nbsp;&nbsp; — | &nbsp;&nbsp; 42562441 | &nbsp;&nbsp; — | &nbsp;&nbsp; 42562441 |
| Hungary | &nbsp;&nbsp; — | &nbsp;&nbsp; 16418500 | &nbsp;&nbsp; — | &nbsp;&nbsp; 16418500 |
| India | &nbsp;&nbsp; 35709317 | &nbsp;&nbsp; 1011075671 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1046784988 |
| Indonesia | &nbsp;&nbsp; — | &nbsp;&nbsp; 69730131 | &nbsp;&nbsp; — | &nbsp;&nbsp; 69730131 |
| Kuwait | &nbsp;&nbsp; — | &nbsp;&nbsp; 35294423 | &nbsp;&nbsp; — | &nbsp;&nbsp; 35294423 |
| Luxembourg | &nbsp;&nbsp; — | &nbsp;&nbsp; 1505374 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1505374 |
| Malaysia | &nbsp;&nbsp; — | &nbsp;&nbsp; 83605800 | &nbsp;&nbsp; — | &nbsp;&nbsp; 83605800 |
| Mexico | &nbsp;&nbsp; 99946125 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 99946125 |
| Netherlands | &nbsp;&nbsp; — | &nbsp;&nbsp; 3928080 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3928080 |
| Peru | &nbsp;&nbsp; 6939213 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 6939213 |
| Philippines | &nbsp;&nbsp; — | &nbsp;&nbsp; 32199283 | &nbsp;&nbsp; — | &nbsp;&nbsp; 32199283 |
| Poland | &nbsp;&nbsp; — | &nbsp;&nbsp; 62098986 | &nbsp;&nbsp; — | &nbsp;&nbsp; 62098986 |
| Qatar | &nbsp;&nbsp; — | &nbsp;&nbsp; 43948673 | &nbsp;&nbsp; — | &nbsp;&nbsp; 43948673 |
| Saudi Arabia | &nbsp;&nbsp; — | &nbsp;&nbsp; 195938683 | &nbsp;&nbsp; — | &nbsp;&nbsp; 195938683 |
| South Africa | &nbsp;&nbsp; 18237310 | &nbsp;&nbsp; 131146604 | &nbsp;&nbsp; — | &nbsp;&nbsp; 149383914 |
| South Korea | &nbsp;&nbsp; 4008626 | &nbsp;&nbsp; 545923316 | &nbsp;&nbsp; — | &nbsp;&nbsp; 549931942 |
| Taiwan | &nbsp;&nbsp; 4911288 | &nbsp;&nbsp; 931195786 | &nbsp;&nbsp; — | &nbsp;&nbsp; 936107074 |
| Thailand | &nbsp;&nbsp; 594425 | &nbsp;&nbsp; 76820226 | &nbsp;&nbsp; — | &nbsp;&nbsp; 77414651 |
| Turkey | &nbsp;&nbsp; — | &nbsp;&nbsp; 38113635 | &nbsp;&nbsp; — | &nbsp;&nbsp; 38113635 |
| United Arab Emirates | &nbsp;&nbsp; — | &nbsp;&nbsp; 93894284 | &nbsp;&nbsp; — | &nbsp;&nbsp; 93894284 |
| United Kingdom | &nbsp;&nbsp; 7372266 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 7372266 |
| United States | &nbsp;&nbsp; 10400117 | &nbsp;&nbsp; 5491637 | &nbsp;&nbsp; — | &nbsp;&nbsp; 15891754 |
| Preferred Stocks |  |  |  |  |
| Brazil | &nbsp;&nbsp; 43745476 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 43745476 |
| Chile | &nbsp;&nbsp; 1001860 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1001860 |
| Colombia | &nbsp;&nbsp; 1048518 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1048518 |

---

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Rights/Warrants |  |  |  |  |
| Malaysia | &nbsp;&nbsp; — | &nbsp;&nbsp; $13127 | &nbsp;&nbsp; — | &nbsp;&nbsp; $13127 |
| South Korea | &nbsp;&nbsp; — | &nbsp;&nbsp; 142914 | &nbsp;&nbsp; — | &nbsp;&nbsp; 142914 |
| Thailand | &nbsp;&nbsp; — | &nbsp;&nbsp; 939 | &nbsp;&nbsp; — | &nbsp;&nbsp; 939 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 103482041 | &nbsp;&nbsp; — | &nbsp;&nbsp; 103482041 |
| Total Investments in Securities | &nbsp;&nbsp; $580853182 | &nbsp;&nbsp; $4738060085 | &nbsp;&nbsp; —˂˃ | &nbsp;&nbsp; $5318913267 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; $1761006 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1761006 |
| Total Financial Instruments | &nbsp;&nbsp; $1761006 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $1761006 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

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

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

------

**THE DFA INVESTMENT TRUST COMPANY**

**STATEMENT OF ASSETS AND LIABILITIES**

**April 30, 2025**

**(Unaudited)**

**(Amounts in thousands)**

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

---

| | |
|:---|:---|
|  | **The Emerging**<br> **Markets**<br> **Series\***<br>|
| **ASSETS:** |  |
| Investment Securities at Value (including $295,625 of securities on loan, respectively) | $5215431 |
| Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $103,485) | 103482 |
| Segregated Cash for Futures Contracts | 2650 |
| Foreign Currencies at Value | 24508 |
| Cash  | 28224 |
| Receivables: |  |
| Investment Securities Sold | 6409 |
| Dividends, Interest and Tax Reclaims | 7508 |
| Securities Lending Income | 480 |
| Futures Margin Variation | 26 |
| Unrealized Gain on Foreign Currency Contracts | 2 |
| Prepaid Expenses and Other Assets  | 1 |
| Total Assets | 5388721 |
| **LIABILITIES:** |  |
| Payables: |  |
| Upon Return of Securities Loaned | 103555 |
| Investment Securities Purchased | 7893 |
| Due to Advisor | 415 |
| Unrealized Loss on Foreign Currency Contracts | 1 |
| Deferred Taxes Payable | 75523 |
| Accrued Expenses and Other Liabilities | 742 |
| Total Liabilities | 188129 |
| **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |
| **NET ASSETS** | $5200592 |
| Investment Securities at Cost | $2788064 |
| Foreign Currencies at Cost | $24374 |

---

------

\*

See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

------

**THE DFA INVESTMENT TRUST COMPANY**

**STATEMENT OF OPERATIONS**

**FOR THE SIX MONTHS ENDED April 30, 2025**

**(Unaudited)**

**(Amounts in thousands)**

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

---

| | |
|:---|:---|
|  | **The Emerging**<br> **Markets**<br> **Series**<br>|
| **Investment Income** |  |
| Dividends (Net of Foreign Taxes Withheld of $7,221) | $57720 |
| Dividend Income from Affiliates | 1766 |
| Income from Securities Lending, Net | 1967 |
| Total Investment Income | 61453 |
| **Expenses** |  |
| Investment Management Fees | 2595 |
| Accounting & Transfer Agent Fees | 69 |
| Custodian Fees | 1086 |
| Shareholders' Reports | 10 |
| Directors'/Trustees' Fees & Expenses | 15 |
| Professional Fees | 59 |
| Other | 46 |
| Total Expenses | 3880 |
| Net Expenses | 3880 |
| **Net Investment Income (Loss)** | 57573 |
| **Realized and Unrealized Gain (Loss)** |  |
| Net Realized Gain (Loss) on: |  |
| Investment Securities Sold | (30851 )<sup>1</sup><br>|
| Affiliated Investment Companies Shares Sold | (10)<br>|
| Futures | (3243)<br>|
| Foreign Currency Transactions | (465)<br>|
| Change in Unrealized Appreciation (Depreciation) of: |  |
| Investment Securities and Foreign Currency | (9600 )<sup>2</sup><br>|
| Affiliated Investment Companies Shares | (4)<br>|
| Futures | 1318 |
| Translation of Foreign Currency-Denominated Amounts | 306 |
| **Net Realized and Unrealized Gain (Loss)** | (42549)<br>|
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | $15024 |
| <sup>1</sup>Net of foreign capital gain taxes withheld of: | $3998 |
| <sup>2</sup>Including foreign capital gain taxes of: | $10332 |

---

See accompanying Notes to Financial Statements.

------

**THE DFA INVESTMENT TRUST COMPANY**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

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

---

| | | |
|:---|:---|:---|
|  | **The Emerging Markets**<br> **Series** | **The Emerging Markets**<br> **Series** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
|  | **(Unaudited)** |  |
| **Increase (Decrease) in Net Assets** |  |  |
| Operations: |  |  |
| Net Investment Income (Loss) | $57573 | $138022 |
| Net Realized Gain (Loss) on: |  |  |
| Investment Securities Sold | (30851)<br>| (127837)<br>|
| Affiliated Investment Companies Shares Sold | (10)<br>| 3 |
| Futures | (3243)<br>| 6001 |
| Foreign Currency Transactions | (465)<br>| (1645)<br>|
| Change in Unrealized Appreciation (Depreciation) of: |  |  |
| Investment Securities and Foreign Currency | (9600)<br>| 1018708 |
| Affiliated Investment Companies Shares | (4)<br>| 1 |
| Futures | 1318 | 2452 |
| Translation of Foreign Currency-Denominated Amounts | 306 | (162)<br>|
| Net Increase (Decrease) in Net Assets Resulting from Operations | 15024 | 1035543 |
| Transactions in Interest: |  |  |
| Contributions | 126665 | 238564 |
| Withdrawals | (276321)<br>| (317878)<br>|
| Net Increase (Decrease) from Transactions in Interest | (149656)<br>| (79314)<br>|
| Total Increase (Decrease) in Net Assets | (134632)<br>| 956229 |
| **Net Assets** |  |  |
| Beginning of Period | 5335224 | 4378995 |
| End of Period | $5200592 | $5335224 |

---

See accompanying Notes to Financial Statements.

------

**THE DFA INVESTMENT TRUST COMPANY**

**FINANCIAL HIGHLIGHTS**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **The Emerging Markets Series** | **The Emerging Markets Series** | **The Emerging Markets Series** | **The Emerging Markets Series** | **The Emerging Markets Series** | **The Emerging Markets Series** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Total Return  | 0.29<br> %(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 23.68<br> %<br>| 13.27<br> %<br>| &nbsp;&nbsp; (25.79<br> %)<br>| 22.22<br> %<br>| 2.67<br> %<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $5200592 | &nbsp;&nbsp;&nbsp; $5335224 | &nbsp;&nbsp; $4378995 | &nbsp;&nbsp; $3992428 | &nbsp;&nbsp; $6309330 | &nbsp;&nbsp; $5724325 |
| Ratio of Expenses to Average Net Assets  | 0.15<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.15<br> %<br>| 0.14<br> %<br>| 0.15<br> %<br>| 0.15<br> %<br>| 0.13<br> %<br>|
| Ratio of Expenses to Average Net Assets (Excluding <br> Fees Paid Indirectly) <br>| 0.15<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.15<br> %<br>| 0.15<br> %<br>| 0.16<br> %<br>| 0.15<br> %<br>| 0.14<br> %<br>|
| Ratio of Net Investment Income to Average Net <br> Assets <br>| 2.22<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 2.74<br> %<br>| 3.32<br> %<br>| 3.26<br> %<br>| 2.42<br> %<br>| 2.38<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; 5<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 15<br> %<br>| &nbsp;&nbsp; 14<br> %<br>| &nbsp;&nbsp; 10<br> %<br>| &nbsp;&nbsp; 19<br> %<br>| &nbsp;&nbsp; 22<br> %<br>|

---

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**THE DFA INVESTMENT TRUST COMPANY**

**NOTES TO FINANCIAL STATEMENTS**

**(Unaudited)**

**A. Organization:** 

The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940 (the "1940 Act"). The Trust consists of ten portfolios, one of which, The Emerging Markets Series (the "Series"), is presented in this section of the report. The remaining portfolios are presented in separate reports. The Series is an investment company, and accordingly, follows the accounting and reporting guidance under Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 946, "Financial Services-Investment Companies."

**B. Significant Accounting Policies:**

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America ("GAAP"). Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates, and those differences could be material.

1. Security Valuation: The Series uses a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 1 – inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

Securities held by the Series, including over-the-counter securities, are valued at the last quoted sale price of the day. International equity securities are subject to a fair value factor, as described later in this note. Securities held by the Series that are listed on Nasdaq are valued at the Nasdaq Official Closing Price ("NOCP"). If there is no last reported sale price or NOCP for the day, the Series values the securities at the mean between the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange ("NYSE"). These securities are generally categorized as Level 1 in the hierarchy. The investment in The DFA Short Term Investment Fund (the "Short Term Series"), which is an open-end management investment company available for purchase only by the Series and affiliated funds, is categorized as Level 2 in the hierarchy.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Trustees of the Trust. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP (the "Advisor")) occur before the net asset value of the Series is calculated. When fair value pricing is used, the prices of securities used by the Series may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

------

The Series will also apply a fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 2:00 a.m. ET), which is fourteen hours before the close of the NYSE (normally, 4:00 p.m. ET) and the time at which the net asset value of the Series is computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the pricing of the Series' shares at the close of the NYSE, the Series will fair value its foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets' perceptions and trading activities on the Series' foreign investments since the last calculated closing prices of the foreign investments on their primary foreign securities markets or exchanges. For these purposes, the Advisor has determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable. Fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the Series uses data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). When the Series uses fair value pricing, the values assigned to the foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges. These securities are generally categorized as Level 2 in the hierarchy.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded. These valuations are generally categorized as Level 1 in the hierarchy.

Over-the-counter derivative contracts, which include forward currency contracts, do not require material subjectivity as pricing inputs are observed from quoted markets and are categorized as Level 2 in the hierarchy.

A summary of the inputs used to value the Series' investments by each major security type, industry and/or country is disclosed previously in this note. Valuation hierarchy tables are included at the end of the Schedule of Investments. The methodology or inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

2. Foreign Currency Translation: Securities and other assets and liabilities of the Series, whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate this translation, the Series enters into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked-to-market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement.

The Series does not isolate the effect of foreign currency rate fluctuations when determining the realized gain or loss upon the sale or maturity of foreign currency-denominated debt obligations pursuant to U.S. Federal income tax regulations; such amounts are categorized as foreign exchange gain or loss for income tax reporting purposes.

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates of securities transactions, and the difference between amounts of interest, dividends and any foreign withholding taxes recorded on the books of the Series and the U.S. dollar equivalent amounts actually received or paid.

3. Deferred Compensation Plan: Each eligible Trustee of the Trust may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (the "Plan"). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds, each of which are affiliates of the Series, and advised by the Advisor: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company Portfolio, U.S. Vector Equity Portfolio, U.S. Micro Cap Portfolio, DFA International Value Portfolio, International Core Equity 2 Portfolio, Emerging Markets Portfolio, Emerging Markets Core Equity 2 Portfolio, DFA Inflation-Protected Securities Portfolio, and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors'/Trustees' Fees & Expenses.

------

The Trustees may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Trustee shall have the right in a notice of election (the "Notice") to defer the receipt of the Trustee's deferred compensation until a date specified by such Trustee in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Trustee ceases to be a member of the Board of Trustees of the Trust; and (ii) five years following the effective date of the Trustee's first deferral election. If a Trustee who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Trustee's deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Trustee ceases to be a member of the Board (unless the Trustee files an amended Notice selecting a different distribution date).

4. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities and foreign currency are accounted for on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimates the character of received distributions that may be considered return of capital distributions. Interest income is recorded on an accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities, using the effective interest method. Expenses directly attributable to the Series are directly charged. Common expenses of the Trust or Series are allocated using methods approved by the Board of Trustees generally based on average net assets.

The Series may be subject to taxes imposed by countries in which it invests with respect to its investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The Series accrues such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental approval for the repatriation of investment income, capital or the proceeds of sales earned by foreign investors. Additionally, if there is a deterioration in a country's balance of payments or for other reasons, a country may impose temporary restrictions on foreign capital remittances abroad.

The Series is subject to tax on short-term and long-term capital gains for investments in India. Such taxes are accrued on a daily basis and due upon sale of individual securities.

**C. Investment Advisor:**

The Advisor provides investment management services to the Series. For the six months ended April 30, 2025, investment management fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.10% of average daily net assets for the Series.

**Fees Paid to Officers and Directors/Trustees:**

Certain Officers and Trustees of the Advisor are also Officers and Trustees of the Trust; however, such Officers and Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Trust. For the six months ended April 30, 2025, the total related amount paid by the Trust to the CCO was $19 (in thousands). The total related amount paid by the Series is included in Other Expenses on the Statement of Operations.

**D. Deferred Compensation:** 

As of April 30, 2025, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities as follows (amount in thousands):

---

| | |
|:---|:---|
| The Emerging Markets Series | &nbsp;&nbsp; $68 |

---

------

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

**E. Purchases and Sales of Securities:** 

For the six months ended April 30, 2025, the Series' transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. Government securities (amounts in thousands), were as follows:

---

| | | |
|:---|:---|:---|
|  | **Other Investment Securities** | **Other Investment Securities** |
|  | **Purchases**  | **Sales**  |
| The Emerging Markets Series | &nbsp;&nbsp; $281361 | &nbsp;&nbsp; $379123 |

---

There were no purchases or sales of long-term U.S. government securities.

For the six months ended April 30, 2025, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

The amounts presented below may differ from the respective amounts presented in the corresponding Schedule of Investments, Statement of Assets and Liabilities or Statement of Operations due to rounding. The amounts are as follows (amounts in thousands):

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at**<br> **October 31, 2024**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Net Realized**<br> **Gain/(Loss)**<br> **on Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation/**<br> **Depreciation**<br>| **Balance at**<br> **April 30, 2025**<br>| **Shares as of**<br> **April 30, 2025**<br>| **Dividend**<br> **Income**<br>| **Capital Gain**<br> **Distributions**<br>|
| **The Emerging Markets Series** |  |  |  |  |  |  |  |  |  |
| The DFA Short Term Investment <br> Fund<br>| $56677 | $589158 | $542339 | $(10)<br>| $(4)<br>| $103482 | 8948 | $1766 |  |
| **Total** | **$56677** | **$589158** | **$542339** | **$(10)**<br>| **$(4)**<br>| **$103482** |  | **$1766** | **—** |

---

**F. Federal Income Taxes:** 

No provision for federal income taxes is required since the Series is treated as a partnership for federal income tax purposes. Any net investment income and realized and unrealized gains and losses have been deemed to have been "passed down" to its partners.

As of April 30, 2025, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Federal**<br> **Tax Cost**<br>| **Unrealized**<br> **Appreciation**<br>| **Unrealized**<br> **(Depreciation)**<br>| **Net**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| The Emerging Markets Series | &nbsp;&nbsp; $3007705 | &nbsp;&nbsp; $2560159 | &nbsp;&nbsp; $(137155)<br>| &nbsp;&nbsp; $2423004 |

---

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in the tax treatment of passive foreign investment company investments or other investments.

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Under GAAP, the Series recognizes the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained, assuming examination by tax authorities. Management has analyzed the Series' tax positions and has concluded that no additional provision for income tax is required in the Series' financial statements. The Series is not aware of any tax positions for which it is reasonably possible than the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Series' federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

------

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

**G. Financial Instruments:**

In accordance with the Series' investment objective and policies, the Series may invest in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit and market risk. The Series' derivative contracts are not accounted for as hedging instruments under GAAP. These instruments and their significant corresponding risks are described below:

1. Foreign Market Risks: Investments in foreign markets may involve certain considerations and risks not typically associated with investments in the United States of America, including the possibility of future political and economic developments and the level of foreign governmental supervision and regulation of foreign securities markets. These markets are generally smaller, less liquid and more volatile than the major securities markets in the United States of America. Consequently, acquisition and disposition of securities held by the Series may be inhibited.

**Derivative Financial Instruments:**

Summarized below are the specific types of derivative instruments used by the Series.

2. Futures Contracts: The Series may purchase or sell futures contracts and options on futures contracts for equity securities and indices to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Series. Upon entering into a futures contract, the Series deposits cash or pledges U.S. government securities to a broker in an amount equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series records a realized gain or loss, which is presented in the Statement of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

Risks may arise upon entrance into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities, from the possibility of an illiquid secondary market for these instruments and from the possibility that the Series could lose more than the initial margin requirements. Entering into stock index futures subjects the Series to equity price risk from those futures contracts. Counterparty credit risk related to exchange-traded futures is minimal because the exchange's clearinghouse, as counterparty to all exchange-traded futures, guarantees the futures against default.

Securities have been segregated as collateral for open futures contracts.

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the six months ended April 30, 2025 was as follows (amount in thousands):

---

| | |
|:---|:---|
|  | **Futures\*** |
| The Emerging Markets Series | &nbsp;&nbsp; $35347 |

---

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

\* Average Notional Value of futures contracts.

The following is a summary of the Series' derivative instrument holdings categorized by primary risk exposure as of April 30, 2025 (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Asset Derivatives Value**  | **Asset Derivatives Value**  |
|  | **Total Value**<br> **at**<br> **April 30, 2025** <br>| **Equity**<br> **Contracts** <sup>\*,(1)</sup> <br>|
| The Emerging Markets Series | &nbsp;&nbsp; $1761<br>| &nbsp;&nbsp; $1761 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(1) Presented
 on Statement of Assets and Liabilities as Receivables: Futures Margin Variation.

------

\* Includes cumulative appreciation (depreciation) of futures contracts. Only current day's margin variation is reported within the Statement of Assets and Liabilities.

The following is a summary of the realized and change in unrealized gains and losses from the Series' derivative instrument holdings categorized by primary risk exposure for the six months ended April 30, 2025 (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Realized Gain (Loss) on**<br> **Derivatives**  | **Realized Gain (Loss) on**<br> **Derivatives**  |
|  | **Total**  | **Equity**<br> **Contracts** <sup>(1)</sup> <br>|
| The Emerging Markets Series | &nbsp;&nbsp; $(3243)<br>| &nbsp;&nbsp; $(3243)<br>|

---

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

---

| | | |
|:---|:---|:---|
|  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  |
|  | **Total**  | **Equity**<br> **Contracts** <sup>(2)</sup> <br>|
| The Emerging Markets Series | &nbsp;&nbsp; $1318 | &nbsp;&nbsp; $1318 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(1) Presented
 on Statement of Operations as Net Realized Gain (Loss) on: Futures.

&nbsp;&nbsp;&nbsp;&nbsp;(2) Presented
 on Statement of Operations as Change in Unrealized Appreciation (Depreciation) of: Futures.

**H. Line of Credit and Interfund Lending Program:**

The Trust, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 2, 2025, with its domestic custodian bank. A line of credit with similar terms was in effect through April 2, 2025. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 1, 2026.

The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 26, 2024. A line of credit with similar terms was in effect through December 26, 2024. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio's net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The line of credit agreement expires on December 25, 2025.

------

For the six months ended April 30, 2025, borrowings by the Series under the lines of credit were as follows (amounts in thousands, except percentages and days):

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Weighted**<br> **Average**<br> **Interest Rate**<br>| **Weighted**<br> **Average**<br> **Loan Balance**<br>| **Number of**<br> **Days**<br> **Outstanding\***<br>| **Interest**<br> **Expense**<br> **Incurred**<br>| **Maximum Amount**<br> **Borrowed During**<br> **the Period**<br>| **Outstanding**<br> **Borrowings**<br> **as of 04/30/2025**<br>|
| The Emerging Markets <br> Series<br>| 5.08<br> %<br>| &nbsp;&nbsp; $5848 | &nbsp;&nbsp; 4 | &nbsp;&nbsp; $3 | &nbsp;&nbsp; $5848 | &nbsp;&nbsp; — |

---

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

\* Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2025, that the Series' available line of credit was used. 

Pursuant to an exemptive order issued by the SEC (the "Order"), the Series may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objectives and limitations. lnterfund loans have a maximum duration of seven days and may be called on one business day's notice.

The Series did not use the interfund lending program during the six months ended April 30, 2025.

**I. Affiliated Trades:**

Cross trades for the six months ended April 30, 2025, if any, were executed by the Series pursuant to procedures adopted by the Board to ensure compliance with Rule 17a-7 under the 1940 Act. Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of having a common investment advisor (or affiliated investment advisors), common Trustees and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Series complied with the Rule 17a-7 Procedures adopted by the Board.

For the six months ended April 30, 2025, cross trades by the Series under Rule 17a-7 were as follows (amount in thousands):

---

| | | | |
|:---|:---|:---|:---|
| **Series** | **Purchases** | **Sales** | **Realized Gain (Loss)** |
| The Emerging Markets Series | &nbsp;&nbsp; $2284 | &nbsp;&nbsp; $2483 | &nbsp;&nbsp; $(1456)<br>|

---

**J. Securities Lending:** 

As of April 30, 2025, the Series had securities on loan to brokers/dealers, for which the Series received cash collateral. The contractual maturity of cash collateral received under the securities lending agreement is classified as overnight and continuous. Additionally, the Series received non-cash collateral consisting of short- and/or long-term U.S. Treasuries and U.S. government agency securities as follows (amount in thousands):

---

| | |
|:---|:---|
|  | **Non-Cash**<br> **Collateral**<br> **Market**<br> **Value**<br>|
| The Emerging Markets Series | &nbsp;&nbsp; $206430 |

---

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The Series invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are expected at all times to be secured by collateral in an amount (i) equal to at least 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) generally equal to 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) generally equal to 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Series' collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. In the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. If the borrower fails to return loaned securities, cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities, and such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Series or, at the option of the lending agent, to replace the securities. In the event of the bankruptcy of the borrower, the Series could experience delay in recovering the loaned securities or only recover cash or a security of equivalent value.

Subject to its stated investment policies, the Series will generally invest the cash collateral received for the loaned securities in The DFA Short Term Investment Fund (the "Short Term Series"), an affiliated registered ultrashort term bond fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Short Term Series. Income received from the Short Term Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. The Series also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, the Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or, other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible for taxation at qualified dividend income rates.

**K. Indemnitees; Contractual Obligations:**

Under the Trust's organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust.

In the normal course of business, the Trust enters into contracts that contain a variety of representations and warranties that provide general indemnification. The Trust's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Trust and/or its affiliates that have not yet occurred. However, based on experience, the Trust expects the risk of loss to be remote.

**L. Segment Reporting:**

In this reporting period, the Series adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The adoption of the new standard only impacted financial statement disclosures and did not affect the Series' financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that (i) engages in business activities from which it may recognize revenues and incur expenses, (ii) has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and (iii) has discrete financial information available. The Trust's Co-Chief Executive Officers and the Chief Financial Officer act as the Series' CODM. The Series represents a single operating segment, as the CODM monitors the operating results of the Series as a whole. The Series' long-term strategic asset allocation is executed by its portfolio management team and guided by the Series' investment objective and principal investment strategies, as described in the Series' respective registration statement. The financial information provided to and reviewed by the CODM is consistent with that presented in the Series' Schedule of Investments, Statement of Operations, Statement of Changes in Net Assets, and Financial Highlights.

------

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

**M. New Accounting Pronouncement:**

In December 2023, the FASB issued Accounting Standards Update 2023-09, Income Taxes (Topic 740) – Improvements to Income Tax Disclosures ("ASU 2023-09"). Effective for annual periods beginning after December 15, 2024, the amendments require greater disaggregation of disclosures related to income taxes paid. The ASU 2023-09 allows for early adoption and requires that amendments be applied on a prospective basis. Management is currently evaluating the impact of the ASU 2023-09 but does not expect the guidance to materially impact the financial statements.

**N. Other:**

The Series and the Trust are subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy. Although management currently believes that resolving claims, if any, against the Series and the Trust, individually or in aggregate, will not have a material adverse impact on the Series' and the Trust's financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management's view of these matters may change in the future.

**O. Subsequent Event Evaluations:** 

Management has evaluated the impact of all subsequent events on the Series through the date on which the financial statements were issued and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

------

**Item 8 – Changes in and Disagreements with Accountants for Open-End Management Investment Companies**

Not applicable

------

**Item 9 – Proxy Disclosures for Open-End Management Investment Companies**

Not applicable

------

**Item 10 – Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies**

Remuneration paid to directors, officers, and others is included in the "Fees Paid to Officers and Directors/Trustees" section of the Notes to Financial Statements above.

------

**Item 11 – Statement Regarding Basis for Approval of Investment Management Agreements**

At the Board meeting held on December 18-19, 2024 (the "Meeting"), the Board of Directors of Dimensional Investment Group Inc. and the Board of Trustees of The DFA Investment Trust Company (together, the "Board") considered the continuation of the investment management agreements (the "Management Agreements") for Emerging Markets Portfolio II and The Emerging Markets Series (collectively, the "Funds") and the sub-advisory agreements for The Emerging Markets Series. Dimensional Fund Advisors Ltd. and DFA Australia Limited serve as sub-advisors to The Emerging Markets Series. (The investment management agreements and the sub-advisory agreements are referred to as the "Management Agreements," and the Advisor and sub-advisors are referred to as the "Advisor.")

Prior to the Meeting, independent counsel to the Independent Board Members sent to the Advisor a request for information, which identified the information that the Independent Board Members wished to receive in order to consider the continuation of the Management Agreements. At a Board meeting held on November 1, 2024, the Board discussed the materials provided by the Advisor, the independent reports prepared by Broadridge Financial Solutions (the "Broadridge Reports"), and issues related to the continuation of the Management Agreements. Also in advance of the Meeting, the Independent Board Members met with their independent counsel to discuss the materials and management provided additional materials to address and respond to questions that the Independent Board Members posed after their review and analysis of materials provided by the Advisor and the Broadridge Reports.

At the Meeting, the Board considered a number of factors when considering the continuation of each Management Agreement for a Fund, including: (i) the nature, extent and quality of services provided by the Advisor to each Fund; (ii) the performance of each Fund and the Advisor; (iii) the fees and expenses borne by each Fund; (iv) the profitability realized by the Advisor from the relationship with each Fund; and (v) whether economies of scale are realized by the Advisor with respect to each Fund as it grows larger, and the extent to which this is reflected in the level of the management fee charged.

When considering the nature and quality of the services provided by the Advisor to a Fund, the Board reviewed: (a) the scope and depth of the Advisor's organization; (b) the experience and expertise of its investment professionals currently providing management services to the Fund; and (c) the Advisor's global investment advisory capabilities. The Board evaluated the Advisor's portfolio management process and discussed the unique features of the Advisor's investment approach. The Board also considered the nature and character of non-investment advisory services provided by the Advisor, including administrative services. After analyzing the caliber of services provided by the Advisor to each Fund, both quantitatively and qualitatively, including the impact of these services on investment performance, the Board concluded that the nature, extent and quality of services provided to each Fund were consistent with the operational requirements of the Fund and met the needs of the shareholders of the Fund.

In considering the performance of each Fund, the Board analyzed the Broadridge Reports, which compared the performance of each Fund with other funds in its respective peer group and investment category. The Board also reviewed the performance analysis prepared by the Advisor, which presented the performance of each Fund and its benchmark index, over multiple performance periods, along with the Advisor's explanation of the performance. The Board noted that the Advisor reported that each Fund had performed in accordance with relevant markets and the Advisor's expectations. The Board concluded that the Advisor's explanations provided a sound basis for understanding the comparative performance of the Funds. The Board determined, among other things, that after considering each Fund's investment strategies and the expectations of its shareholder base, the performance of each Fund was reasonable as compared with relevant performance standards and appropriate market indexes.

When considering the fees and expenses borne by each Fund, and considering the reasonableness of the management fees paid to the Advisor in light of the services provided to the Fund and any additional benefits received by the Advisor in connection with providing such services, the Board compared the fees charged by the Advisor to the Fund to the fees charged to the funds in its peer group for comparable services as provided in the Broadridge

------

**Item 11 – Statement Regarding Basis for Approval of Investment Management Agreements**

**CONTINUED**

Reports. The Board concluded that the effective management fees and total expenses of each Fund over various periods were favorable in relation to those of its peer funds, and that the management fees were fair, both on an absolute basis and in comparison with the fees of other funds identified in the peer groups and the industry at large.

The Board considered the profitability of each Fund to the Advisor by reviewing the profitability analysis provided by the Advisor, including information about its fee revenues and income. The Board reviewed the overall profitability of the Advisor, and the compensation that it received for providing services to each Fund. The Board considered the profitability to the Advisor of managing and servicing the Funds and the Advisor's unregistered clients, such as collective trusts, group trusts and separate accounts. Upon closely examining the Advisor's profitability, the Board concluded, among other things, that it was reasonable and similar to the profitability reported in previous years.

The Board also discussed whether economies of scale are realized by the Advisor with respect to each Fund as it grows larger, and the extent to which this is reflected in the level of management fees charged. For several reasons, the Board concluded that economies of scale and the reflection of such economies of scale in the level of management fees charged were not particularly meaningful to each Fund at the present time, due to the current level of fees and expenses and the profitability of the Fund.

After full consideration of the factors discussed above, with no single factor identified as being of paramount importance, the Board, including the Independent Board Members, with the assistance of independent counsel, concluded that the continuation of the Management Agreement for each Fund was in the best interests of the Fund and its shareholders.

------

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

------

DFA-043025-009S

------

Semi-Annual Financial Statements &

Other Information

**Six Months Ended: April 30, 2025 (Unaudited)**

------

DIMENSIONAL INVESTMENT GROUP INC.

------

**DFA Two-Year Fixed Income Portfolio**

**DFA Two-Year Government Portfolio**

------

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

------

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

[THIS PAGE INTENTIONALLY LEFT BLANK]

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**SEMI-ANNUAL FINANCIAL STATEMENTS AND OTHER INFORMATION**

**(Unaudited)**

**Table of Contents** 

---

| | |
|:---|:---|
|  | **Page** |
| **[Item 7 –](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_FC-FrontCoverImage-682_1)[Financial Statements and Financial Highlights for Open-End Management Investment](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_FC-FrontCoverImage-682_1)**<br> **[Companies](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_FC-FrontCoverImage-682_1)**<br>|  |
| **[Definitions of Abbreviations and Footnotes](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_AF-TOC-AbbreviationsandFootnotes_1)** | 1 |
| [Schedules of Investments](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_SOI-TOC-ScheduleofInvestments-682_1) |  |
| [DFA Two-Year Fixed Income Portfolio](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_SOI-TOC-ScheduleofInvestments-682_1) | 2 |
| [DFA Two-Year Government Portfolio](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_SOI-TOC-ScheduleofInvestments-682_6) | 7 |
| [Statements of Assets and Liabilities](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_FS-StatementofAssetsandLiabilities_1) | 9 |
| [Statements of Operations](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_FS-StatementofAssetsandLiabilities_2) | 10 |
| [Statements of Changes in Net Assets](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_FS-StatementofAssetsandLiabilities_3) | 11 |
| [Financial Highlights](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_FIHI_L-TOC-FinancialHighlights_L-682_1) | 12 |
| [Notes to Financial Statements](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_NTF-NotestoFinancialStatements-682_1) | 14 |
| **[Item 8 –](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_DISCLOSE-ChangesandDisagreements_1)[Changes in and Disagreements with Accountants for Open-End Management Investment](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_DISCLOSE-ChangesandDisagreements_1)**<br> **[Companies](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_DISCLOSE-ChangesandDisagreements_1)**<br>| 23 |
| **[Item 9 –](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_DISCLOSE-ChangesandDisagreements_2)[Proxy Disclosures for Open-End Management Investment Companies](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_DISCLOSE-ChangesandDisagreements_2)** | 24 |
| **[Item 10 –](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_DISCLOSE-ChangesandDisagreements_3)[Remuneration Paid to Directors, Officers, and Others of Open-End Management](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_DISCLOSE-ChangesandDisagreements_3)**<br> **[Investment Companies](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_DISCLOSE-ChangesandDisagreements_3)**<br>| 25 |
| **[Item 11 –](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_DISCLOSE-ChangesandDisagreements_4)[Statement Regarding Basis for Approval of Investment Management Agreements](#xx_985f0ee3-fe80-4c2e-97f2-6d1b91276ec0_DISCLOSE-ChangesandDisagreements_4)** | 26 |

---

i

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES**

**Schedules of Investments** 

---

| | |
|:---|:---|
| Investment Abbreviations | Investment Abbreviations |
| FRN | Floating Rate Note |
| SOFR | Secured Overnight Financing Rate  |
| USTMMR | U.S. Treasury Money Market Rate |

---

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

---

| | |
|:---|:---|
| Investment Footnotes | Investment Footnotes |
| † | See Note B to Financial Statements. |
| (r) | The adjustable rate shown is effective as of April 30, 2025. |
| Ω | &nbsp;&nbsp; Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional <br> investors. This security has been deemed liquid based upon the Fund's Liquidity <br> Guidelines. The liquidity determination is unaudited.<br>|
| Ɏ | Represents 7 Day subsidized yield as of April 30, 2025 |
| @ | Security purchased with cash collateral received from Securities on Loan. |
| § | Affiliated Fund. |
| ∞ | Rates reflect the effective yields at purchase date. |

---

**<u>Financial Highlights</u>** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) Computed
 using average shares outstanding.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) Non-Annualized

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) Annualized

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

---

| | |
|:---|:---|
| **All Statements, Schedules and Notes to Financial Statements** | **All Statements, Schedules and Notes to Financial Statements** |
|  | Amounts designated as — are either zero or rounded to zero. |
| SEC | Securities and Exchange Commission |

---

------

**DFA Two-Year Fixed Income Portfolio**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)**

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face** <br>**Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| AGENCY OBLIGATIONS — (1.5%) | AGENCY OBLIGATIONS — (1.5%) | AGENCY OBLIGATIONS — (1.5%) | AGENCY OBLIGATIONS — (1.5%) |
| Federal Farm Credit Banks <br> Funding Corp., SOFR + <br> 0.105%, FRN | Federal Farm Credit Banks <br> Funding Corp., SOFR + <br> 0.105%, FRN |  |  |
| (r) | 4.465%, 03/18/26 | 100 | $100011 |
| Federal National Mortgage <br> Association | Federal National Mortgage <br> Association |  |  |
|  | 0.500%, 06/17/25 | 160 | 159218 |
| Federal National Mortgage <br> Association, SOFR + <br> 0.260%, FRN | Federal National Mortgage <br> Association, SOFR + <br> 0.260%, FRN |  |  |
| (r) | 4.620%, 11/05/27 | 1485 | 1488527 |
| TOTAL AGENCY <br> OBLIGATIONS | TOTAL AGENCY <br> OBLIGATIONS |  | 1747756 |
| BONDS — (30.9%) | BONDS — (30.9%) | BONDS — (30.9%) | BONDS — (30.9%) |
| African Development Bank | African Development Bank |  |  |
|  | 3.375%, 07/07/25 | 500 | 498938 |
| Asian Development Bank, <br> SOFR + 1.000%, FRN | Asian Development Bank, <br> SOFR + 1.000%, FRN |  |  |
| (r) | 5.377%, 04/06/27 | 583 | 590870 |
| Asian Infrastructure <br> Investment Bank | Asian Infrastructure <br> Investment Bank |  |  |
|  | 0.500%, 05/28/25 | 580 | 578278 |
|  | 3.375%, 06/29/25 | 350 | 349362 |
| Australia & New Zealand <br> Banking Group Ltd., <br> SOFR + 0.560%, FRN | Australia & New Zealand <br> Banking Group Ltd., <br> SOFR + 0.560%, FRN |  |  |
| (r)Ω | 4.931%, 03/18/26 | 400 | 400248 |
| Australia & New Zealand <br> Banking Group Ltd., <br> SOFR + 0.750%, FRN | Australia & New Zealand <br> Banking Group Ltd., <br> SOFR + 0.750%, FRN |  |  |
| (r)Ω | 5.128%, 07/03/25 | 400 | 400335 |
| CDP Financial, Inc. | CDP Financial, Inc. |  |  |
|  | 0.875%, 06/10/25 | 500 | 498035 |
| Ω | 0.875%, 06/10/25 | 250 | 249017 |
| CDP Financial, Inc., SOFR <br> + 0.400%, FRN | CDP Financial, Inc., SOFR <br> + 0.400%, FRN |  |  |
| (r)Ω | 4.762%, 05/19/25 | 500 | 500048 |
| (r) | 4.762%, 05/19/25 | 400 | 400038 |
| Chevron USA, Inc., SOFR <br> + 0.360%, FRN | Chevron USA, Inc., SOFR <br> + 0.360%, FRN |  |  |
| (r) | 4.724%, 02/26/27 | 383 | 382178 |
| Chevron USA, Inc., SOFR <br> + 0.470%, FRN | Chevron USA, Inc., SOFR <br> + 0.470%, FRN |  |  |
| (r) | 4.834%, 02/26/28 | 1456 | 1456884 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| Commonwealth Bank of <br> Australia, SOFR + <br> 0.400%, FRN | Commonwealth Bank of <br> Australia, SOFR + <br> 0.400%, FRN |  |  |
| (r)Ω | 4.777%, 07/07/25 | 656 | $656144 |
| Commonwealth Bank of <br> Australia, SOFR + <br> 0.630%, FRN | Commonwealth Bank of <br> Australia, SOFR + <br> 0.630%, FRN |  |  |
| (r)Ω | 4.998%, 09/12/25 | 1000 | 1001029 |
| Commonwealth Bank of <br> Australia, SOFR + <br> 0.640%, FRN | Commonwealth Bank of <br> Australia, SOFR + <br> 0.640%, FRN |  |  |
| (r)Ω | 5.009%, 03/14/28 | 500 | 499465 |
| Cooperatieve Rabobank <br> UA, SOFR + 0.600%, <br> FRN | Cooperatieve Rabobank <br> UA, SOFR + 0.600%, <br> FRN |  |  |
| (r) | 4.978%, 01/21/28 | 500 | 496500 |
| Cooperatieve Rabobank <br> UA, SOFR + 0.620%, <br> FRN | Cooperatieve Rabobank <br> UA, SOFR + 0.620%, <br> FRN |  |  |
| (r) | 4.985%, 08/28/26 | 750 | 750878 |
| Cooperatieve Rabobank <br> UA, SOFR + 0.700%, <br> FRN | Cooperatieve Rabobank <br> UA, SOFR + 0.700%, <br> FRN |  |  |
| (r) | 5.077%, 07/18/25 | 770 | 770698 |
| Cooperatieve Rabobank <br> UA, SOFR + 0.710%, <br> FRN | Cooperatieve Rabobank <br> UA, SOFR + 0.710%, <br> FRN |  |  |
| (r) | 5.087%, 01/09/26 | 500 | 501245 |
| Council of Europe <br> Development Bank | Council of Europe <br> Development Bank |  |  |
|  | 3.000%, 06/16/25 | 100 | 99807 |
| DBS Group Holdings Ltd., <br> SOFR + 0.610%, FRN | DBS Group Holdings Ltd., <br> SOFR + 0.610%, FRN |  |  |
| (r)Ω | 4.977%, 09/12/25 | 1700 | 1700849 |
| European Bank for <br> Reconstruction & <br> Development, SOFR + <br> 0.330%, FRN | European Bank for <br> Reconstruction & <br> Development, SOFR + <br> 0.330%, FRN |  |  |
| (r) | 4.693%, 02/20/28 | 1600 | 1601280 |
| Inter-American <br> Development Bank, <br> SOFR + 0.170%, FRN | Inter-American <br> Development Bank, <br> SOFR + 0.170%, FRN |  |  |
| (r) | 4.538%, 09/16/26 | 700 | 699160 |
| Inter-American <br> Development Bank, <br> SOFR + 0.280%, FRN | Inter-American <br> Development Bank, <br> SOFR + 0.280%, FRN |  |  |
| (r) | 4.657%, 04/12/27 | 300 | 300015 |

---

------

**DFA Two-Year Fixed Income Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| Inter-American <br> Development Bank, <br> SOFR + 0.350%, FRN | Inter-American <br> Development Bank, <br> SOFR + 0.350%, FRN |  |  |
| (r) | 4.727%, 10/04/27 | 1400 | $1400613 |
| International Bank for <br> Reconstruction & <br> Development, SOFR + <br> 0.180%, FRN | International Bank for <br> Reconstruction & <br> Development, SOFR + <br> 0.180%, FRN |  |  |
| (r) | 4.548%, 06/15/26 | 1500 | 1499190 |
| International Bank for <br> Reconstruction & <br> Development, SOFR + <br> 0.270%, FRN | International Bank for <br> Reconstruction & <br> Development, SOFR + <br> 0.270%, FRN |  |  |
| (r) | 4.638%, 06/15/27 | 1525 | 1525503 |
| International Finance <br> Corp., SOFR + 0.280%, <br> FRN | International Finance <br> Corp., SOFR + 0.280%, <br> FRN |  |  |
| (r) | 4.648%, 03/16/26 | 500 | 500265 |
| JPMorgan Chase & Co. | JPMorgan Chase & Co. |  |  |
|  | 3.900%, 07/15/25 | 330 | 329622 |
| JPMorgan Chase Bank <br> NA, SOFR + 0.620%, <br> FRN | JPMorgan Chase Bank <br> NA, SOFR + 0.620%, <br> FRN |  |  |
| (r) | 5.003%, 04/29/26 | 2100 | 2096902 |
| JPMorgan Chase Bank <br> NA, SOFR + 1.000%, <br> FRN | JPMorgan Chase Bank <br> NA, SOFR + 1.000%, <br> FRN |  |  |
| (r) | 5.367%, 12/08/26 | 900 | 904721 |
| Kommunalbanken AS, <br> SOFR + 0.400%, FRN | Kommunalbanken AS, <br> SOFR + 0.400%, FRN |  |  |
| (r)Ω | 4.767%, 03/03/28 | 1500 | 1501060 |
| Kommunalbanken AS, <br> SOFR + 1.000%, FRN | Kommunalbanken AS, <br> SOFR + 1.000%, FRN |  |  |
| (r) | 5.368%, 06/17/26 | 1296 | 1305649 |
| Kreditanstalt fuer <br> Wiederaufbau | Kreditanstalt fuer <br> Wiederaufbau |  |  |
|  | 2.000%, 05/02/25 | 15 | 14999 |
|  | 3.125%, 06/10/25 | 281 | 280579 |
| Kuntarahoitus OYJ, SOFR <br> + 1.000%, FRN | Kuntarahoitus OYJ, SOFR <br> + 1.000%, FRN |  |  |
| (r) | 5.377%, 07/15/26 | 600 | 604392 |
| Macquarie Bank Ltd., <br> SOFR + 0.920%, FRN | Macquarie Bank Ltd., <br> SOFR + 0.920%, FRN |  |  |
| (r)Ω | 5.298%, 07/02/27 | 30 | 30128 |
| Mastercard, Inc., SOFR + <br> 0.440%, FRN | Mastercard, Inc., SOFR + <br> 0.440%, FRN |  |  |
| (r) | 4.813%, 03/15/28 | 600 | 598620 |
| National Australia Bank <br> Ltd., SOFR + 0.620%, <br> FRN | National Australia Bank <br> Ltd., SOFR + 0.620%, <br> FRN |  |  |
| (r)Ω | 4.989%, 06/11/27 | 250 | 250101 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| National Australia Bank <br> Ltd., SOFR + 0.650%, <br> FRN | National Australia Bank <br> Ltd., SOFR + 0.650%, <br> FRN |  |  |
| (r)Ω | 5.018%, 12/10/25 | 350 | $350540 |
| (r) | 5.027%, 01/12/27 | 425 | 425225 |
| National Australia Bank <br> Ltd., SOFR + 0.760%, <br> FRN | National Australia Bank <br> Ltd., SOFR + 0.760%, <br> FRN |  |  |
| (r)Ω | 5.121%, 05/13/25 | 270 | 270045 |
| National Australia Bank <br> Ltd., SOFR + 0.860%, <br> FRN | National Australia Bank <br> Ltd., SOFR + 0.860%, <br> FRN |  |  |
| (r) | 5.227%, 06/09/25 | 825 | 825343 |
| Nordea Bank Abp, SOFR + <br> 0.740%, FRN | Nordea Bank Abp, SOFR + <br> 0.740%, FRN |  |  |
| (r)Ω | 5.112%, 03/19/27 | 325 | 325532 |
| Nordic Investment Bank, <br> SOFR + 0.290%, FRN | Nordic Investment Bank, <br> SOFR + 0.290%, FRN |  |  |
| (r)Ω | 4.667%, 10/04/27 | 500 | 499865 |
| Province of Alberta | Province of Alberta |  |  |
|  | 1.000%, 05/20/25 | 295 | 294462 |
| Province of Quebec | Province of Quebec |  |  |
|  | 0.600%, 07/23/25 | 806 | 798814 |
| Roche Holdings, Inc., <br> SOFR + 0.740%, FRN | Roche Holdings, Inc., <br> SOFR + 0.740%, FRN |  |  |
| (r)Ω | 5.101%, 11/13/26 | 200 | 200280 |
| State Street Corp., SOFR <br> + 0.640%, FRN | State Street Corp., SOFR <br> + 0.640%, FRN |  |  |
| (r) | 5.020%, 10/22/27 | 110 | 109593 |
| Svensk Exportkredit AB, <br> SOFR + 1.000%, FRN | Svensk Exportkredit AB, <br> SOFR + 1.000%, FRN |  |  |
| (r) | 5.362%, 08/03/26 | 250 | 252197 |
| Walmart, Inc., SOFR + <br> 0.430%, FRN | Walmart, Inc., SOFR + <br> 0.430%, FRN |  |  |
| (r) | 4.812%, 04/28/27 | 200 | 200298 |
| Wells Fargo Bank NA, <br> SOFR + 1.070%, FRN | Wells Fargo Bank NA, <br> SOFR + 1.070%, FRN |  |  |
| (r) | 5.439%, 12/11/26 | 400 | 402280 |
| Westpac Banking Corp., <br> SOFR + 0.420%, FRN | Westpac Banking Corp., <br> SOFR + 0.420%, FRN |  |  |
| (r) | 4.797%, 04/16/26 | 1200 | 1199606 |
| Westpac Banking Corp., <br> SOFR + 0.460%, FRN | Westpac Banking Corp., <br> SOFR + 0.460%, FRN |  |  |
| (r) | 4.838%, 10/20/26 | 250 | 249992 |
| Westpac Banking Corp., <br> SOFR + 0.720%, FRN | Westpac Banking Corp., <br> SOFR + 0.720%, FRN |  |  |
| (r) | 5.084%, 11/17/25 | 58 | 58100 |
| Westpac Banking Corp., <br> SOFR + 1.000%, FRN | Westpac Banking Corp., <br> SOFR + 1.000%, FRN |  |  |
| (r) | 5.364%, 08/26/25 | 1750 | 1754440 |
| TOTAL BONDS | TOTAL BONDS |  | 36440257 |

---

------

**DFA Two-Year Fixed Income Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| U.S. TREASURY OBLIGATIONS — (10.1%) | U.S. TREASURY OBLIGATIONS — (10.1%) | U.S. TREASURY OBLIGATIONS — (10.1%) | U.S. TREASURY OBLIGATIONS — (10.1%) |
| U.S. Treasury Notes, 3M <br> USTMMR + 0.098%, <br> FRN | U.S. Treasury Notes, 3M <br> USTMMR + 0.098%, <br> FRN |  |  |
| (r) | 4.343%, 01/31/27 | 800 | $799563 |
| U.S. Treasury Notes, 3M <br> USTMMR + 0.125%, <br> FRN | U.S. Treasury Notes, 3M <br> USTMMR + 0.125%, <br> FRN |  |  |
| (r) | 4.370%, 07/31/25 | 365 | 365006 |
| U.S. Treasury Notes, 3M <br> USTMMR + 0.150%, <br> FRN | U.S. Treasury Notes, 3M <br> USTMMR + 0.150%, <br> FRN |  |  |
| (r) | 4.395%, 04/30/26 | 4908 | 4908891 |
| U.S. Treasury Notes, 3M <br> USTMMR + 0.170%, <br> FRN | U.S. Treasury Notes, 3M <br> USTMMR + 0.170%, <br> FRN |  |  |
| (r) | 4.415%, 10/31/25 | 3400 | 3401182 |
| U.S. Treasury Notes, 3M <br> USTMMR + 0.245%, <br> FRN | U.S. Treasury Notes, 3M <br> USTMMR + 0.245%, <br> FRN |  |  |
| (r) | 4.490%, 01/31/26 | 2450 | 2452858 |
| TOTAL U.S. TREASURY <br> OBLIGATIONS | TOTAL U.S. TREASURY <br> OBLIGATIONS |  | 11927500 |

---

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

---

| | | | |
|:---|:---|:---|:---|
| COMMERCIAL PAPER — (56.2%) | COMMERCIAL PAPER — (56.2%) | COMMERCIAL PAPER — (56.2%) | COMMERCIAL PAPER — (56.2%) |
| Alphabet, Inc. | Alphabet, Inc. |  |  |
| Ω | 4.494%, 06/13/25 | 600 | 596825 |
| Apple, Inc. | Apple, Inc. |  |  |
| Ω | 4.422%, 06/04/25 | 500 | 497902 |
| Ω | 4.424%, 06/06/25 | 1000 | 995565 |
| Ω | 4.425%, 06/09/25 | 1700 | 1691852 |
| Australia & New Zealand <br> Banking Group Ltd. | Australia & New Zealand <br> Banking Group Ltd. |  |  |
| Ω | 4.477%, 08/06/25 | 600 | 593045 |
| Bank of Montreal | Bank of Montreal |  |  |
|  | 4.459%, 06/05/25 | 250 | 248913 |
| Caisse d'Amortissement de <br> la Dette Sociale | Caisse d'Amortissement de <br> la Dette Sociale |  |  |
| Ω | 4.413%, 05/02/25 | 750 | 749820 |
| Ω | 4.428%, 06/05/25 | 1200 | 1194809 |
| Caisse des Depots et <br> Consignations | Caisse des Depots et <br> Consignations |  |  |
| Ω | 4.455%, 05/16/25 | 750 | 748557 |
| Ω | 4.454%, 06/05/25 | 450 | 448044 |
| Ω | 4.459%, 06/12/25 | 500 | 497400 |
| Ω | 4.429%, 07/21/25 | 350 | 346522 |
| Ω | 4.449%, 07/24/25 | 400 | 395881 |
| Ω | 4.423%, 07/25/25 | 1000 | 989581 |
| Canadian Imperial Bank of <br> Commerce | Canadian Imperial Bank of <br> Commerce |  |  |
| Ω | 4.466%, 08/05/25 | 375 | 370595 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| CDP Financial, Inc. | CDP Financial, Inc. |  |  |
| Ω | 4.438%, 06/30/25 | 1000 | $992596 |
| Ω | 4.446%, 07/28/25 | 750 | 741915 |
| Chevron Corp. | Chevron Corp. |  |  |
| Ω | 4.397%, 07/09/25 | 500 | 495803 |
| Ω | 4.444%, 08/27/25 | 1000 | 985897 |
| Cisco Systems, Inc. | Cisco Systems, Inc. |  |  |
| Ω | 4.435%, 07/17/25 | 500 | 495340 |
| DBS Bank Ltd. | DBS Bank Ltd. |  |  |
| Ω | 4.453%, 05/02/25 | 350 | 349916 |
| Ω | 4.449%, 05/14/25 | 300 | 299495 |
| Ω | 4.451%, 06/23/25 | 500 | 496726 |
| Ω | 4.498%, 08/12/25 | 500 | 493641 |
| DNB Bank ASA | DNB Bank ASA |  |  |
| Ω | 4.446%, 07/21/25 | 1000 | 990135 |
| Ω | 4.467%, 07/23/25 | 650 | 643431 |
| Ω | 4.454%, 06/23/25 | 750 | 745138 |
| Ω | 4.481%, 07/18/25 | 1000 | 990496 |
| Equinor ASA | Equinor ASA |  |  |
| Ω | 4.428%, 06/30/25 | 1000 | 992562 |
| Erste Abwicklungsanstalt | Erste Abwicklungsanstalt |  |  |
| Ω | 4.424%, 05/07/25 | 450 | 449622 |
| Ω | 4.438%, 05/22/25 | 250 | 249338 |
| Ω | 4.429%, 06/03/25 | 1000 | 995909 |
| Ω | 4.447%, 05/29/25 | 1000 | 996512 |
| Ω | 4.454%, 06/30/25 | 300 | 297789 |
| European Investment Bank | European Investment Bank |  |  |
|  | 4.404%, 06/23/25 | 1000 | 993562 |
|  | 4.406%, 06/24/25 | 415 | 412277 |
|  | 4.419%, 07/17/25 | 1000 | 990701 |
| Export Development <br> Canada | Export Development <br> Canada |  |  |
|  | 4.450%, 05/06/25 | 750 | 749465 |
| Hydro-Quebec | Hydro-Quebec |  |  |
| Ω | 4.385%, 05/20/25 | 700 | 698329 |
| Johnson & Johnson | Johnson & Johnson |  |  |
| Ω | 4.390%, 05/02/25 | 650 | 649845 |
| Ω | 4.369%, 06/25/25 | 700 | 695274 |
| Ω | 4.397%, 07/03/25 | 500 | 496148 |
| Ω | 4.392%, 05/14/25 | 1000 | 998330 |
| Kreditanstalt fuer <br> Wiederaufbau | Kreditanstalt fuer <br> Wiederaufbau |  |  |
| Ω | 4.392%, 05/06/25 | 500 | 499642 |
| LVMH Moet Hennessy <br> Louis Vuitton SE | LVMH Moet Hennessy <br> Louis Vuitton SE |  |  |
| Ω | 4.453%, 06/16/25 | 250 | 248583 |
| Ω | 4.427%, 06/17/25 | 1000 | 994213 |
| Ω | 4.485%, 06/18/25 | 250 | 248523 |
| Macquarie Bank Ltd. | Macquarie Bank Ltd. |  |  |
| Ω | 4.510%, 07/24/25 | 250 | 247388 |
| Ω | 4.424%, 05/01/25 | 500 | 499939 |
| National Securities <br> Clearing Corp. | National Securities <br> Clearing Corp. |  |  |
| Ω | 4.471%, 06/05/25 | 550 | 547610 |

---

------

**DFA Two-Year Fixed Income Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| Ω | 4.426%, 06/16/25 | 500 | $497156 |
| Ω | 4.462%, 05/23/25 | 1000 | 997232 |
| Ω | 4.447%, 07/25/25 | 500 | 494699 |
| Nederlandse <br> Waterschapsbank NV | Nederlandse <br> Waterschapsbank NV |  |  |
| Ω | 4.414%, 05/06/25 | 650 | 649531 |
| Ω | 4.414%, 07/31/25 | 750 | 741770 |
| Nestle Finance <br> International Ltd. | Nestle Finance <br> International Ltd. |  |  |
| Ω | 4.426%, 05/27/25 | 850 | 847204 |
| Ω | 4.464%, 05/29/25 | 800 | 797238 |
| Ω | 4.490%, 06/25/25 | 500 | 496585 |
| Novartis Finance Corp. | Novartis Finance Corp. |  |  |
| Ω | 4.405%, 06/03/25 | 1100 | 1095506 |
| Ω | 4.433%, 06/23/25 | 1000 | 993490 |
| NRW Bank | NRW Bank |  |  |
| Ω | 4.404%, 05/07/25 | 575 | 574524 |
| Ω | 4.432%, 05/27/25 | 1450 | 1445389 |
| Ω | 4.428%, 05/28/25 | 500 | 498351 |
| Ω | 4.429%, 06/16/25 | 250 | 248616 |
| Ontario Teachers' Finance <br> Trust | Ontario Teachers' Finance <br> Trust |  |  |
| Ω | 4.431%, 06/04/25 | 1250 | 1244720 |
| Procter & Gamble Co. | Procter & Gamble Co. |  |  |
| Ω | 4.443%, 06/10/25 | 1000 | 995173 |
| Ω | 4.456%, 07/15/25 | 350 | 346827 |
| Province of British <br> Columbia | Province of British <br> Columbia |  |  |
|  | 4.495%, 05/06/25 | 1000 | 999282 |
| Province of Ontario | Province of Ontario |  |  |
|  | 4.393%, 05/27/25 | 1200 | 1196113 |
|  | 4.394%, 05/28/25 | 1250 | 1245801 |
|  | 4.417%, 05/12/25 | 750 | 748922 |
| Province of Quebec | Province of Quebec |  |  |
| Ω | 4.446%, 07/14/25 | 250 | 247753 |
| Ω | 4.462%, 07/16/25 | 1000 | 990551 |
| PSP Capital, Inc. | PSP Capital, Inc. |  |  |
| Ω | 4.325%, 06/16/25 | 1250 | 1242941 |
| Ω | 4.430%, 07/07/25 | 750 | 743870 |
| Queensland Treasury <br> Corp. | Queensland Treasury <br> Corp. |  |  |
|  | 4.457%, 08/05/25 | 1000 | 988388 |
| Royal Bank of Canada | Royal Bank of Canada |  |  |
| Ω | 4.457%, 07/14/25 | 500 | 495484 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face**<br> **Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| Ω | 4.478%, 07/15/25 | 750 | $743140 |
| Sanofi SA | Sanofi SA |  |  |
| Ω | 4.447%, 06/11/25 | 1200 | 1193927 |
| Siemens Capital Co. LLC | Siemens Capital Co. LLC |  |  |
| Ω | 0.045%, 05/16/25 | 1600 | 1596954 |
| Svensk Exportkredit AB | Svensk Exportkredit AB |  |  |
|  | 4.310%, 05/08/25 | 1000 | 999043 |
|  | 4.409%, 06/13/25 | 1000 | 994745 |
|  | 4.409%, 06/16/25 | 1000 | 994386 |
|  | 4.409%, 06/25/25 | 250 | 248328 |
| Svenska Handelsbanken <br> AB | Svenska Handelsbanken <br> AB |  |  |
| Ω | 4.425%, 07/29/25 | 1200 | 1187003 |
| Toronto-Dominion Bank | Toronto-Dominion Bank |  |  |
| Ω | 4.433%, 06/25/25 | 1200 | 1191745 |
| United Overseas Bank Ltd. | United Overseas Bank Ltd. |  |  |
| Ω | 4.459%, 06/24/25 | 500 | 496658 |
| Ω | 4.459%, 07/09/25 | 450 | 446170 |
| Walmart, Inc. | Walmart, Inc. |  |  |
| Ω | 4.384%, 05/05/25 | 1025 | 1024390 |
| Ω | 4.447%, 06/18/25 | 300 | 298232 |
| TOTAL COMMERCIAL <br> PAPER <br>(Cost $66,324,337) | TOTAL COMMERCIAL <br> PAPER <br>(Cost $66,324,337) |  | 66315238 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $116,455,225) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $116,455,225) |  | 116430751 |

---

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** |  |
| TEMPORARY CASH INVESTMENTS — (1.3%) | TEMPORARY CASH INVESTMENTS — (1.3%) | TEMPORARY CASH INVESTMENTS — (1.3%) | TEMPORARY CASH INVESTMENTS — (1.3%) |
| Ɏ | State Street <br> Institutional <br> U.S. Government <br> Money Market Fund <br> 4.290%<br>| 1500514 | 1500514 |
| SECURITIES LENDING COLLATERAL — (0.0%) | SECURITIES LENDING COLLATERAL — (0.0%) | SECURITIES LENDING COLLATERAL — (0.0%) | SECURITIES LENDING COLLATERAL — (0.0%) |
| @§ | The DFA Short Term <br> Investment Fund <br>| 1 | 12 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $117,955,751) | (Cost $117,955,751) |  | $117931277 |

---

------

**DFA Two-Year Fixed Income Portfolio**

**CONTINUED**

As of April 30, 2025, the value of Rule 144A securities amounted to $63,339,998 or 54.1% of net assets.

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Agency Obligations | &nbsp;&nbsp; — | &nbsp;&nbsp; $1747756 | &nbsp;&nbsp; — | &nbsp;&nbsp; $1747756 |
| Bonds | &nbsp;&nbsp; — | &nbsp;&nbsp; 36440257 | &nbsp;&nbsp; — | &nbsp;&nbsp; 36440257 |
| U.S. Treasury Obligations | &nbsp;&nbsp; — | &nbsp;&nbsp; 11927500 | &nbsp;&nbsp; — | &nbsp;&nbsp; 11927500 |
| Commercial Paper | &nbsp;&nbsp; — | &nbsp;&nbsp; 66315238 | &nbsp;&nbsp; — | &nbsp;&nbsp; 66315238 |
| Temporary Cash Investments | &nbsp;&nbsp; $1500514 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1500514 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 12 | &nbsp;&nbsp; — | &nbsp;&nbsp; 12 |
| Total Investments in Securities | &nbsp;&nbsp; $1500514 | &nbsp;&nbsp; $116430763 | &nbsp;&nbsp; — | &nbsp;&nbsp; $117931277 |

---

See accompanying Notes to Financial Statements.

------

**DFA Two-Year Government Portfolio**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)** 

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Face** <br>**Amount**<br>| **Value†** |
|  |  | **(000)** |  |
| AGENCY OBLIGATIONS — (33.1%) | AGENCY OBLIGATIONS — (33.1%) | AGENCY OBLIGATIONS — (33.1%) | AGENCY OBLIGATIONS — (33.1%) |
| Federal Home Loan Bank Discount Notes | Federal Home Loan Bank Discount Notes |  |  |
| ∞ | 4.230%, 05/02/25 | 8825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $8822926 |
| ∞ | 4.230%, 05/09/25 | 4950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4944765 |
| ∞ | 4.230%, 05/21/25 | 4050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4040007 |
| ∞ | 4.230%, 05/28/25 | 4000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3986840 |
| ∞ | 4.229%, 06/04/25 | 2795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2783642 |
| ∞ | 4.232%, 06/11/25 | 6975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6940985 |
| ∞ | 4.233%, 06/13/25 | 6500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6466792 |
| ∞ | 4.210%, 06/18/25 | 5900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5866432 |
| ∞ | 4.240%, 06/27/25 | 3500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3476430 |
| TOTAL AGENCY OBLIGATIONS | TOTAL AGENCY OBLIGATIONS |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47328819 |
| U.S. TREASURY OBLIGATIONS — (63.0%) | U.S. TREASURY OBLIGATIONS — (63.0%) | U.S. TREASURY OBLIGATIONS — (63.0%) | U.S. TREASURY OBLIGATIONS — (63.0%) |
| U.S. Treasury Bills | U.S. Treasury Bills |  |  |
| ∞ | 4.195%, 05/06/25 | 4375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4372445 |
| ∞ | 4.201%, 05/08/25 | 2800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2797711 |
| ∞ | 4.215%, 05/15/25 | 5570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5560870 |
| ∞ | 4.239%, 05/20/25 | 975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 972821 |
| ∞ | 4.081%, 05/27/25 | 7300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7277715 |
| ∞ | 4.230%, 05/29/25 | 5720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5701226 |
| ∞ | 4.140%, 06/10/25 | 4575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4553554 |
| ∞ | 4.195%, 07/31/25 | 4700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4650244 |
| U.S. Treasury Notes, 3M USTMMR + 0.125%, FRN | U.S. Treasury Notes, 3M USTMMR + 0.125%, FRN |  |  |
| (r) | 4.370%, 07/31/25 | 13295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13295237 |
| U.S. Treasury Notes, 3M USTMMR + 0.150%, FRN | U.S. Treasury Notes, 3M USTMMR + 0.150%, FRN |  |  |
| (r) | 4.395%, 04/30/26 | 6750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6751225 |
| U.S. Treasury Notes, 3M USTMMR + 0.160%, FRN | U.S. Treasury Notes, 3M USTMMR + 0.160%, FRN |  |  |
| (r) | 4.405%, 04/30/27 | 7425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7427014 |
| U.S. Treasury Notes, 3M USTMMR + 0.170%, FRN | U.S. Treasury Notes, 3M USTMMR + 0.170%, FRN |  |  |
| (r) | 4.415%, 10/31/25 | 12850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12854466 |
| U.S. Treasury Notes, 3M USTMMR + 0.205%, FRN | U.S. Treasury Notes, 3M USTMMR + 0.205%, FRN |  |  |
| (r) | 4.450%, 10/31/26 | 2185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2186966 |
| U.S. Treasury Notes, 3M USTMMR + 0.245%, FRN | U.S. Treasury Notes, 3M USTMMR + 0.245%, FRN |  |  |
| (r) | 4.490%, 01/31/26 | 11885 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11898863 |
| TOTAL U.S. TREASURY OBLIGATIONS | TOTAL U.S. TREASURY OBLIGATIONS |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90300357 |
| TOTAL INVESTMENT SECURITIES <br>(Cost $137,609,630) | TOTAL INVESTMENT SECURITIES <br>(Cost $137,609,630) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 137629176 |

---

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

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** |  |
| TEMPORARY CASH INVESTMENTS — (3.9%) | TEMPORARY CASH INVESTMENTS — (3.9%) | TEMPORARY CASH INVESTMENTS — (3.9%) | TEMPORARY CASH INVESTMENTS — (3.9%) |
| Ɏ | State Street Institutional U.S. Government Money Market Fund 4.290% | 5645873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5645873 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $143,255,503) | (Cost $143,255,503) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $143275049 |

---

------

**DFA Two-Year Government Portfolio**

**CONTINUED**

Summary of the Portfolio's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Agency Obligations | &nbsp;&nbsp; — | &nbsp;&nbsp; $47328819 | &nbsp;&nbsp; — | &nbsp;&nbsp; $47328819 |
| U.S. Treasury Obligations | &nbsp;&nbsp; — | &nbsp;&nbsp; 90300357 | &nbsp;&nbsp; — | &nbsp;&nbsp; 90300357 |
| Temporary Cash Investments | &nbsp;&nbsp; $5645873 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 5645873 |
| Total Investments in Securities | &nbsp;&nbsp; $5645873 | &nbsp;&nbsp; $137629176 | &nbsp;&nbsp; — | &nbsp;&nbsp; $143275049 |

---

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**STATEMENTS OF ASSETS AND LIABILITIES**

**April 30, 2025**

**(Unaudited)**

**(Amounts in thousands, except share and per share amounts)**

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

---

| | | |
|:---|:---|:---|
|  | **DFA Two-Year**<br> **Fixed Income**<br> **Portfolio\***<br>| **DFA Two-Year**<br> **Government**<br> **Portfolio**<br>|
| **ASSETS:** |  |  |
| Investment Securities at Value | $116431 | $137629 |
| Temporary Cash Investments at Value & Cost | 1501 | 5646 |
| Receivables: |  |  |
| Dividends and Interest | 238 | 9 |
| Fund Shares Sold | 67 | 1 |
| Prepaid Expenses and Other Assets  | 16 | 16 |
| Total Assets | 118253 | 143301 |
| **LIABILITIES:** |  |  |
| Payables: |  |  |
| Investment Securities Purchased | 991 | 5075 |
| Fund Shares Redeemed | 103 | 190 |
| Due to Advisor | 12 | 13 |
| Accrued Expenses and Other Liabilities | 15 | 17 |
| Total Liabilities | 1121 | 5295 |
| **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |  |
| **NET ASSETS** | $117132 | $138006 |
| Institutional Class Shares — based on shares outstanding of 12,120,121 and 14,437,586, <br> respectively, $0.01 Par Value (1)<br>| **$9.66** | **$9.56** |
| (1) NUMBER OF SHARES AUTHORIZED | 300000000 | 300000000 |
| Investment Securities at Cost | $116455 | $137610 |
| **NET ASSETS CONSIST OF:** |  |  |
| Paid-In Capital | $120998 | $143902 |
| Total Distributable Earnings (Loss) | (3866)<br>| (5896)<br>|
| **NET ASSETS** | $117132 | $138006 |

---

------

\*

See Note H in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**STATEMENTS OF OPERATIONS**

**FOR THE SIX MONTHS ENDED April 30, 2025**

**(Unaudited)**

**(Amounts in thousands)**

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

---

| | | |
|:---|:---|:---|
|  | **DFA Two-Year**<br> **Fixed Income**<br> **Portfolio**<br>| **DFA Two-Year**<br> **Government**<br> **Portfolio**<br>|
| **Investment Income** |  |  |
| Dividend Income from Affiliates | $1 |  |
| Interest | 2711 | $3115 |
| Total Investment Income | 2712 | 3115 |
| **Fund Expenses** |  |  |
| Investment Management Fees | 82 | 70 |
| Accounting & Transfer Agent Fees | 19 | 17 |
| Custodian Fees | 2 | 1 |
| Filing Fees | 14 | 12 |
| Shareholders' Reports | 10 | 9 |
| Professional Fees |  | 1 |
| Previously Waived Fees Recovered by Advisor (Note C) |  | 5 |
| Other | 3 | 4 |
| Total Fund Expenses | 130 | 119 |
| Fees Waived, Expenses Reimbursed by Advisor (Note C) | 7 |  |
| Net Expenses | 123 | 119 |
| **Net Investment Income (Loss)** | 2589 | 2996 |
| **Realized and Unrealized Gain (Loss)** |  |  |
| Net Realized Gain (Loss) on: |  |  |
| Investment Securities Sold | 12 | 1 |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |
| Investment Securities and Foreign Currency | (52)<br>| 28 |
| **Net Realized and Unrealized Gain (Loss)** | (40)<br>| 29 |
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | $2549 | $3025 |

---

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **DFA Two-Year Fixed**<br> **Income Portfolio** | **DFA Two-Year Fixed**<br> **Income Portfolio** | **DFA Two-Year**<br> **Government Portfolio** | **DFA Two-Year**<br> **Government Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
|  | **(Unaudited)** |  | **(Unaudited)** |  |
| **Increase (Decrease) in Net Assets** |  |  |  |  |
| Operations: |  |  |  |  |
| Net Investment Income (Loss) | $2589 | $6383 | &nbsp;&nbsp; $2996 | $7194 |
| Net Realized Gain (Loss) on: |  |  |  |  |
| Investment Securities Sold | 12 | 30 | &nbsp;&nbsp; 1 | 65 |
| Affiliated Investment Companies Shares Sold |  | (1)<br>| &nbsp;&nbsp; — |  |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| Investment Securities and Foreign Currency | (52)<br>| 431 | &nbsp;&nbsp; 28 | (60)<br>|
| Net Increase (Decrease) in Net Assets Resulting from Operations | 2549 | 6843 | &nbsp;&nbsp; 3025 | 7199 |
| Distributions: |  |  |  |  |
| Institutional Class Shares | (2534)<br>| (5960)<br>| &nbsp;&nbsp; (2868)<br>| (6910)<br>|
| Capital Share Transactions (1): |  |  |  |  |
| Shares Issued | 11263 | 40612 | &nbsp;&nbsp; 20144 | 42388 |
| Shares Issued in Lieu of Cash Distributions | 2534 | 5958 | &nbsp;&nbsp; 2859 | 6902 |
| Shares Redeemed | (16215)<br>| (58390)<br>| &nbsp;&nbsp; (25616)<br>| (54241)<br>|
| Net Increase (Decrease) from Capital Share Transactions | (2418)<br>| (11820)<br>| &nbsp;&nbsp; (2613)<br>| (4951)<br>|
| Total Increase (Decrease) in Net Assets | (2403)<br>| (10937)<br>| &nbsp;&nbsp; (2456)<br>| (4662)<br>|
| **Net Assets** |  |  |  |  |
| Beginning of Period | 119535 | 130472 | &nbsp;&nbsp; 140462 | 145124 |
| End of Period | $117132 | $119535 | &nbsp;&nbsp; $138006 | $140462 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |
| Shares Issued | 1165 | 4211 | &nbsp;&nbsp; 2109 | 4433 |
| Shares Issued in Lieu of Cash Distributions | 264 | 620 | &nbsp;&nbsp; 301 | 727 |
| Shares Redeemed  | (1679)<br>| (6056)<br>| &nbsp;&nbsp; (2682)<br>| (5681)<br>|
| Net Increase (Decrease) from Shares Issued and Redeemed | (250)<br>| (1225)<br>| &nbsp;&nbsp; (272)<br>| (521)<br>|

---

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **DFA Two-Year Fixed Income Portfolio** | **DFA Two-Year Fixed Income Portfolio** | **DFA Two-Year Fixed Income Portfolio** | **DFA Two-Year Fixed Income Portfolio** | **DFA Two-Year Fixed Income Portfolio** | **DFA Two-Year Fixed Income Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | &nbsp;&nbsp; $9.66 | &nbsp;&nbsp;&nbsp; $9.60 | &nbsp;&nbsp; $9.44 | &nbsp;&nbsp; $9.94 | &nbsp;&nbsp; $9.96 | &nbsp;&nbsp; $9.97 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.21 | &nbsp;&nbsp;&nbsp;&nbsp;0.48 | 0.31 | 0.11 | &nbsp;&nbsp; (—)<br>| 0.10 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;0.03 | 0.13 | &nbsp;&nbsp; (0.53)<br>| &nbsp;&nbsp; (0.02)<br>| &nbsp;&nbsp; — |
| Total from Investment Operations  | 0.21 | &nbsp;&nbsp;&nbsp;&nbsp;0.51 | 0.44 | &nbsp;&nbsp; (0.42)<br>| &nbsp;&nbsp; (0.02)<br>| 0.10 |
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | &nbsp;&nbsp; (0.21)<br>| &nbsp;&nbsp;&nbsp; (0.45)<br>| &nbsp;&nbsp; (0.28)<br>| &nbsp;&nbsp; (0.08)<br>| &nbsp;&nbsp; (—)<br>| &nbsp;&nbsp; (0.11)<br>|
| Total Distributions  | &nbsp;&nbsp; (0.21)<br>| &nbsp;&nbsp;&nbsp; (0.45)<br>| &nbsp;&nbsp; (0.28)<br>| &nbsp;&nbsp; (0.08)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (0.11)<br>|
| Net Asset Value, End of Period | &nbsp;&nbsp; $9.66 | &nbsp;&nbsp;&nbsp; $9.66 | &nbsp;&nbsp; $9.60 | &nbsp;&nbsp; $9.44 | &nbsp;&nbsp; $9.94 | &nbsp;&nbsp; $9.96 |
| Total Return  | 2.17<br> %(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 5.40<br> %<br>| 4.74<br> %<br>| &nbsp;&nbsp; (4.25<br> %)<br>| &nbsp;&nbsp; (0.18<br> %)<br>| 1.00<br> %<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $117132 | &nbsp;&nbsp;&nbsp; $119535 | &nbsp;&nbsp; $130472 | &nbsp;&nbsp; $129769 | &nbsp;&nbsp; $96149 | &nbsp;&nbsp; $100447 |
| Ratio of Expenses to Average Net Assets  | 0.21<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.21<br> %<br>| 0.21<br> %<br>| 0.21<br> %<br>| 0.21<br> %<br>| 0.22<br> %<br>|
| Ratio of Expenses to Average Net Assets (Excluding Fees Paid <br> Indirectly) <br>| 0.22<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.22<br> %<br>| 0.22<br> %<br>| 0.21<br> %<br>| 0.24<br> %<br>| 0.25<br> %<br>|
| Ratio of Net Investment Income to Average Net Assets  | 4.42<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 4.98<br> %<br>| 3.22<br> %<br>| 1.17<br> %<br>| &nbsp;&nbsp; — | 0.98<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; 28<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 68<br> %<br>| &nbsp;&nbsp; 53<br> %<br>| &nbsp;&nbsp; 108<br> %<br>| &nbsp;&nbsp; 186<br> %<br>| &nbsp;&nbsp; 65<br> %<br>|

---

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **DFA Two-Year Government Portfolio** | **DFA Two-Year Government Portfolio** | **DFA Two-Year Government Portfolio** | **DFA Two-Year Government Portfolio** | **DFA Two-Year Government Portfolio** | **DFA Two-Year Government Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | &nbsp;&nbsp; $9.55 | &nbsp;&nbsp;&nbsp; $9.53 | &nbsp;&nbsp; $9.29 | &nbsp;&nbsp; $9.75 | &nbsp;&nbsp; $9.78 | &nbsp;&nbsp; $9.77 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.20 | &nbsp;&nbsp;&nbsp;&nbsp;0.49 | 0.24 | 0.08 | &nbsp;&nbsp; (0.01)<br>| 0.04 |
| Net Gains (Losses) on Securities (Realized and Unrealized) <br>| &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | 0.21 | &nbsp;&nbsp; (0.48)<br>| &nbsp;&nbsp; (0.02)<br>| 0.03 |
| Total from Investment Operations  | 0.20 | &nbsp;&nbsp;&nbsp;&nbsp;0.49 | 0.45 | &nbsp;&nbsp; (0.40)<br>| &nbsp;&nbsp; (0.03)<br>| 0.07 |
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | &nbsp;&nbsp; (0.19)<br>| &nbsp;&nbsp;&nbsp; (0.47)<br>| &nbsp;&nbsp; (0.21)<br>| &nbsp;&nbsp; (0.06)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (0.06)<br>|
| Total Distributions  | &nbsp;&nbsp; (0.19)<br>| &nbsp;&nbsp;&nbsp; (0.47)<br>| &nbsp;&nbsp; (0.21)<br>| &nbsp;&nbsp; (0.06)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (0.06)<br>|
| Net Asset Value, End of Period | &nbsp;&nbsp; $9.56 | &nbsp;&nbsp;&nbsp; $9.55 | &nbsp;&nbsp; $9.53 | &nbsp;&nbsp; $9.29 | &nbsp;&nbsp; $9.75 | &nbsp;&nbsp; $9.78 |
| Total Return  | 2.17<br> %(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 5.29<br> %<br>| 4.92<br> %<br>| &nbsp;&nbsp; (4.06<br> %)<br>| &nbsp;&nbsp; (0.31<br> %)<br>| 0.77<br> %<br>|
| Net Assets, End of Period (thousands)  | &nbsp;&nbsp; $138006 | &nbsp;&nbsp;&nbsp; $140462 | &nbsp;&nbsp; $145124 | &nbsp;&nbsp; $171964 | &nbsp;&nbsp; $165276 | &nbsp;&nbsp; $157724 |
| Ratio of Expenses to Average Net Assets  | 0.17<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.17<br> %<br>| 0.17<br> %<br>| 0.17<br> %<br>| 0.20<br> %<br>| 0.21<br> %<br>|
| Ratio of Expenses to Average Net Assets (Excluding Fees <br> Waived, Expenses Reimbursed) <br>| 0.17<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.17<br> %<br>| 0.17<br> %<br>| 0.17<br> %<br>| 0.21<br> %<br>| 0.22<br> %<br>|
| Ratio of Net Investment Income to Average Net Assets  | 4.29<br> %(C)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 5.15<br> %<br>| 2.59<br> %<br>| 0.88<br> %<br>| &nbsp;&nbsp; (0.08<br> %)<br>| 0.45<br> %<br>|
| Portfolio Turnover Rate  | &nbsp;&nbsp; 17<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 34<br> %<br>| &nbsp;&nbsp; 75<br> %<br>| &nbsp;&nbsp; 121<br> %<br>| &nbsp;&nbsp; 108<br> %<br>| &nbsp;&nbsp; 103<br> %<br>|

---

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**NOTES TO FINANCIAL STATEMENTS**

**(Unaudited)**

**A. Organization:** 

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940 (the "1940 Act"), whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of ten portfolios, two of which, DFA Two-Year Fixed Income Portfolio and DFA Two-Year Government Portfolio (the "Portfolios") are presented in this report. The remaining operational portfolios are presented in separate reports. The Portfolios are investment companies, and accordingly, follow the accounting and reporting guidance under the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC"), Topic 946, "Financial Services-Investment Companies."

**B. Significant Accounting Policies:**

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America ("GAAP"). Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates, and those differences could be material.

1. Security Valuation: The Portfolios use a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 1 – inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 3 – significant unobservable inputs (including the Portfolios' own assumptions in determining the fair value of investments)

Debt securities held by the Portfolios are valued on the basis of evaluated prices provided by one or more pricing services or other reasonably reliable sources including broker/dealers that typically handle the purchase and sale of such securities. Securities that are traded over-the-counter and on a stock exchange generally will be valued according to the broadest and most representative market, and it is expected that for bonds and other fixed income securities, this ordinarily will be the over-the-counter market. Securities for which quotations are not readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Directors of the Fund. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP (the "Advisor")) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the Portfolios may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

A summary of the inputs used to value the Portfolios' investments by each major security type, industry and/or country is disclosed previously in this note. Valuation hierarchy tables have been included at the end of the Schedules of Investments. The methodology or inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

------

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

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds, each of which are affiliates of the Portfolios and advised by the Advisor: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company Portfolio, U.S. Vector Equity Portfolio, U.S. Micro Cap Portfolio, DFA International Value Portfolio, International Core Equity Portfolio, Emerging Markets Portfolio, Emerging Markets Core Equity Portfolio, DFA Inflation-Protected Securities Portfolio, and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors'/Trustees' Fees & Expenses.

The Directors may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Director shall have the right in a notice of election (the "Notice") to defer the receipt of the Director's deferred compensation until a date specified by such Director in the Notice. The date may not be sooner than the earlier of: (i)the first business day of January following the year in which such Director ceases to be a member of the Board of Directors of the Fund; and (ii) five years following the effective date of the Director's first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director's deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board (unless the Director files an amended Notice selecting a different distribution date).

**C. Investment Advisor:**

The Advisor provides investment management services to the Portfolios. For the six months ended April 30, 2025, the Portfolios' investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

---

| | |
|:---|:---|
| DFA Two-Year Fixed Income Portfolio | 0.14<br> %<br>|
| DFA Two-Year Government Portfolio | 0.10<br> %<br>|

---

Pursuant to an Amended and Restated Fee Waiver and/or Expense Assumption Agreement (a "Fee Waiver Agreement"), the Advisor has contractually agreed to waive certain fees, including management fees, and in certain instances, assume certain expenses of the Portfolios, as described in the notes below. The Fee Waiver Agreement for the Portfolios will remain in effect through February 28, 2026. The Fee Waiver Agreement may only be terminated by the Fund's Board of Directors prior to that date and shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. During the six months ended April 30, 2025, the Portfolios had expense limits based on a percentage of average net assets on an annualized basis, as listed below. At any time that the Portfolio Expenses (defined below) of a class of a Portfolio are less than the applicable Expense Limitation Amount listed below, the Advisor retains the right to recover fees previously waived and/or expenses previously assumed to the extent that the expense ratio following such recovery would be less than the Expense Limitation Amount that was in place when such prior year fees were waived and/or expenses assumed, and less than the current Expense Limitation Amount in place for the Portfolio. The recovered previously waived fees/assumed expenses during the six months ended April 30, 2025, waived fees/assumed expenses during the six months ended April 30, 2025, and previously waived fees/assumed expenses subject to future recovery by the Advisor, are reflected below (amounts in thousands). The Fund, on behalf of the Portfolios, is not obligated to reimburse the Advisor for fees previously waived or expenses previously assumed by the Advisor more than thirty-six months before the date of recovery.

---

| | | | |
|:---|:---|:---|:---|
| **Institutional Class Shares**  | **Expense**<br> **Limitation**<br> **Amount**<br>| **Recovery**<br> **of Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br>| **Waived Fees/**<br> **Assumed**<br> **Expenses**<br>|
| DFA Two-Year Fixed Income Portfolio (1) | 0.21<br> %<br>|  | $7 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Institutional Class Shares**  | **Expense**<br> **Limitation**<br> **Amount**<br>| **Recovery**<br> **of Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br>| **Waived Fees/**<br> **Assumed**<br> **Expenses**<br>|
| DFA Two-Year Government Portfolio (1) | 0.17<br> %<br>| $5 |  |

---

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

(1) The Advisor has contractually agreed to waive all or a portion of its management fee and assume the ordinary operating expenses of <br> a class of each of the Portfolios listed above (excluding the expenses that the Portfolio incurs indirectly through its investment in other investment <br> companies) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of a class of each Portfolio, on an annualized basis, <br> to the rates listed above as a percentage of a class of the respective Portfolio's average net assets (the "Expense Limitation Amount").<br>

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** |
|  | **10/31/2025** | **10/31/2026** | **10/31/2027** | **4/30/2028** | **Total** |
| DFA Two-Year Fixed Income Portfolio | &nbsp;&nbsp; $1 | $8 | $14 | $7 | $30 |
| DFA Two-Year Government Portfolio | &nbsp;&nbsp; — |  | 3 |  | 3 |

---

**Fees Paid to Officers and Directors/Trustees:**

Certain Officers and Directors of the Advisor are also Officers and Directors of the Fund; however, such Officers and Directors (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the six months ended April 30, 2025, the total related amount paid by the Fund to the CCO was $11 (in thousands). The total related amounts paid by each of the Portfolios are included in Other Expenses on the Statements of Operations.

**D. Deferred Compensation:** 

As of April 30, 2025, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statements of Assets and Liabilities as follows (amounts in thousands):

---

| | |
|:---|:---|
| DFA Two-Year Fixed Income Portfolio | &nbsp;&nbsp; $2 |
| DFA Two-Year Government Portfolio | &nbsp;&nbsp; 4 |

---

**E. Purchases and Sales of Securities:** 

For the six months ended April 30, 2025, the Portfolios made the following purchases and sales of investment securities, other than short-term securities and in-kind redemptions (amounts in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **U.S. Government Securities**  | **U.S. Government Securities**  | **Other Investment Securities** | **Other Investment Securities** |
|  | **Purchases**  | **Sales**  | **Purchases**  | **Sales**  |
| DFA Two-Year Fixed Income Portfolio | &nbsp;&nbsp; $2289 | &nbsp;&nbsp; $11207 | &nbsp;&nbsp; $10578 | &nbsp;&nbsp; $2068 |
| DFA Two-Year Government Portfolio | &nbsp;&nbsp; 9614 | &nbsp;&nbsp; 10196 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |

---

For the six months ended April 30, 2025, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

------

The amounts presented below may differ from the respective amounts presented in the corresponding Schedules of Investments, Statements of Assets and Liabilities or Statements of Operations due to rounding. The amounts are as follows (amounts in thousands):

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at**<br> **October 31, 2024**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Net Realized**<br> **Gain/(Loss)**<br> **on Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation/**<br> **Depreciation**<br>| **Balance at**<br> **April 30, 2025**<br>| **Shares as of**<br> **April 30, 2025**<br>| **Dividend**<br> **Income**<br>| **Capital Gain**<br> **Distributions**<br>|
| **DFA Two-Year Fixed Income** <br> **Portfolio**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term Investment <br> Fund<br>|  | $1821 | $1821 |  |  |  |  | $1 |  |
| **Total** | **—** | **$1821** | **$1821** | **—** | **—** | **—** |  | **$1** | **—** |

---

**F. Federal Income Taxes:** 

Each Portfolio has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to its shareholders. Accordingly, no provision has been made for federal income taxes.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under GAAP. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings, undistributed net investment income, accumulated net realized gains or losses, or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2024, can occur as a result of realized gains on securities considered to be "passive foreign investment companies," non-deductible expenses, realized foreign capital gains tax, net foreign currency gains/losses, the use of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes, distributions received from real estate investment trusts and distribution redesignations, and bond amortization, and were reclassified to the accounts mentioned above. These reclassifications had no effect on net assets or net asset value per share.

The tax character of dividends and distributions declared and paid during the years ended October 31, 2023, and October 31, 2024, were as follows (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Long-Term**<br> **Capital Gains**<br>| **Total** |
| DFA Two-Year Fixed Income Portfolio |  |  |  |
| 2023 | &nbsp;&nbsp; $3657 | &nbsp;&nbsp; — | &nbsp;&nbsp; $3657 |
| 2024 | &nbsp;&nbsp; 5960 | &nbsp;&nbsp; — | &nbsp;&nbsp; 5960 |
| DFA Two-Year Government Portfolio |  |  |  |
| 2023 | &nbsp;&nbsp; 3419 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3419 |
| 2024 | &nbsp;&nbsp; 6910 | &nbsp;&nbsp; — | &nbsp;&nbsp; 6910 |

---

------

As of October 31, 2024, the following net investment income and short-term capital gains and long-term capital gains distributions designated for federal income tax purposes are due to the use of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Long-Term**<br> **Capital Gains**<br>| **Total** |
| DFA Two-Year Fixed Income Portfolio | &nbsp;&nbsp; $(214)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; $(214)<br>|
| DFA Two-Year Government Portfolio | &nbsp;&nbsp; (239)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (239)<br>|

---

As of October 31, 2024, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Undistributed**<br> **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Undistributed**<br> **Long-Term**<br> **Capital Gains**<br>| **Capital Loss**<br> **Carryforwards**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Total Net**<br> **Distributable**<br> **Earnings**<br> **(Accumulated**<br> **Losses)**<br>|
| DFA Two-Year Fixed Income Portfolio | &nbsp;&nbsp; $535 | &nbsp;&nbsp; — | &nbsp;&nbsp; $(4440)<br>| &nbsp;&nbsp; $26 | &nbsp;&nbsp; $(3879)<br>|
| DFA Two-Year Government Portfolio | &nbsp;&nbsp; 555 | &nbsp;&nbsp; — | &nbsp;&nbsp; (6597)<br>| &nbsp;&nbsp; (9)<br>| &nbsp;&nbsp; (6051)<br>|

---

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2024, the Portfolios had the following capital loss carryforwards available to offset future realized capital gains (amounts in thousands):

---

| | |
|:---|:---|
|  | **Total** |
| DFA Two-Year Fixed Income Portfolio | &nbsp;&nbsp; $4440 |
| DFA Two-Year Government Portfolio | &nbsp;&nbsp; 6597 |

---

During the year ended October 31, 2024, the following Portfolio used the following capital loss carryforwards to offset realized capital gains for federal income tax purposes (amount in thousands):

---

| | |
|:---|:---|
| DFA Two-Year Government Portfolio | &nbsp;&nbsp; $65 |

---

As of April 30, 2025, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Federal**<br> **Tax Cost**<br>| **Unrealized**<br> **Appreciation**<br>| **Unrealized**<br> **(Depreciation)**<br>| **Net**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| DFA Two-Year Fixed Income Portfolio | &nbsp;&nbsp; $117958 | &nbsp;&nbsp; $18 | &nbsp;&nbsp; $(42)<br>| &nbsp;&nbsp; $(24)<br>|
| DFA Two-Year Government Portfolio | &nbsp;&nbsp; 143256 | &nbsp;&nbsp; 24 | &nbsp;&nbsp; (4)<br>| &nbsp;&nbsp; 20 |

---

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales or other investments.

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Under GAAP, the Portfolios recognize the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained,assuming examination by tax authorities. Management has analyzed the Portfolios' tax positions and has concluded that no additional provision for income tax is required in the Portfolios' financial statements. The Portfolios

------

are not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolios' federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

**G. Line of Credit and Interfund Lending Program:**

The Fund, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted,unsecured discretionary line of credit effective April 2, 2025, with its domestic custodian bank. A line of credit with similar terms was in effect through April 2, 2025. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed$500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 1, 2026.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 26, 2024. A line of credit with similar terms was in effect through December 26, 2024. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio's net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The line of credit agreement expires on December 25, 2025.

There were no borrowings by the Portfolios under the lines of credit during the six months ended April 30, 2025.

Pursuant to an exemptive order issued by the SEC (the "Order"), the Portfolios may participate in an interfund lending program among certain portfolios managed by the Advisor. The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objectives and limitations. Interfund loans have a maximum duration of seven days and may be called on one business day's notice.

The Portfolios did not use the interfund lending program during the six months ended April 30, 2025.

**H. Securities Lending:** 

Each Portfolio with securities on loan invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are expected at all times to be secured by collateral in an amount (i) equal to at least 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) generally equal to 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) generally equal to 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Portfolios' collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. In the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. If the borrower fails to return loaned securities, cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities, and such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Portfolio or, at the option of the lending agent, to replace the securities. In the event of the bankruptcy of the borrower, the Portfolio could experience delay in recovering the loaned securities or only recover cash or a security of equivalent value.

------

Subject to their stated investment policies, each Portfolio with securities on loan will generally invest the cash collateral received for the loaned securities in the Short Term Series, an affiliated registered ultrashort term bond fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Short Term Series. Income received from the Short Term Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. Such Portfolios also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, each Portfolio will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or, other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible for taxation at qualified dividend income rates.

**I. Indemnitees; Contractual Obligations:**

Under the Fund's organizational documents, its Officers and Directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

In the normal course of business, the Fund enters into contracts that contain a variety of representations and warranties that provide general indemnification. The Fund's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Fund and/or its affiliates that have not yet occurred. However, based on experience, the Fund expects the risk of loss to be remote.

**J. Segment Reporting:**

In this reporting period, the Portfolios adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The adoption of the new standard only impacted financial statement disclosures and did not affect each Portfolio's financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that (i)engages in business activities from which it may recognize revenues and incur expenses, (ii) has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and (iii) has discrete financial information available. The Fund's Co-Chief Executive Officers and the Chief Financial Officer act as the Portfolios' CODM. Each Portfolio represents a single operating segment, as the CODM monitors the operating results of the Portfolio as a whole. Each Portfolio's long-term strategic asset allocation is executed by its portfolio management team and guided by each Portfolio's investment objective and principal investment strategies, as described in each Portfolio's respective prospectus. The financial information provided to and reviewed by the CODM is consistent with that presented in each Portfolio's Schedule of Investments, Statement of Operations, Statement of Changes in Net Assets, and Financial Highlights.

**K. New Accounting Pronouncement:**

In December 2023, the FASB issued Accounting Standards Update 2023-09, Income Taxes (Topic 740) – Improvements to Income Tax Disclosures ("ASU 2023-09"). Effective for annual periods beginning after December 15, 2024, the amendments require greater disaggregation of disclosures related to income taxes paid. The ASU 2023-09 allows for early adoption and requires that amendments be applied on a prospective basis. Management is currently evaluating the impact of the ASU 2023-09 but does not expect the guidance to materially impact the financial statements.

**L. Other:**

As of April 30, 2025, the following number of shareholders, each holding greater than 5%, held the following approximate percentages of the Portfolios' outstanding shares. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.

------

---

| | | |
|:---|:---|:---|
|  | **Number of**<br> **Shareholders**<br>| **Approximate**<br> **Percentage**<br> **of Outstanding**<br> **Shares**<br>|
| DFA Two-Year Fixed Income Portfolio | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 93<br> %<br>|
| DFA Two-Year Government Portfolio | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 92<br> %<br>|

---

The Portfolios are subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy). Although management currently believes that resolving claims, if any, against the Portfolios, individually or in aggregate, will not have a material adverse impact on the Portfolios' financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management's view of these matters may change in the future.

**M. Subsequent Event Evaluations:** 

Management has evaluated the impact of all subsequent events on the Portfolios through the date on which the financial statements were issued and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

------

**Item 8 – Changes in and Disagreements with Accountants for Open-End Management Investment Companies**

Not applicable

------

**Item 9 – Proxy Disclosures for Open-End Management Investment Companies**

Not applicable

------

**Item 10 – Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies**

Remuneration paid to directors, officers, and others is included in the "Fees Paid to Officers and Directors/Trustees" section of the Notes to Financial Statements above.

------

**Item 11 – Statement Regarding Basis for Approval of Investment Management Agreements**

At the Board meeting held on December 18-19, 2024 (the "Meeting"), the Board of Directors of Dimensional Investment Group Inc. (the "Board") considered the continuation of the investment management agreements for each portfolio (collectively, the "Funds") and, for DFA Two-Year Fixed Income Portfolio, the Fund's sub-advisory agreements. For DFA Two-Year Fixed Income Portfolio, Dimensional Fund Advisors Ltd. and DFA Australia Limited serve as sub-advisors. (The investment management agreements and the sub-advisory agreements are referred to as the "Management Agreements," and the Advisor and sub-advisors are referred to as the "Advisor.")

Prior to the Meeting, independent counsel to the Independent Board Members sent to the Advisor a request for information, which identified the information that the Independent Board Members wished to receive in order to consider the continuation of the Management Agreements. At a Board meeting held on November 1, 2024, the Board discussed the materials provided by the Advisor, the independent reports prepared by Broadridge Financial Solutions (the "Broadridge Reports"), and issues related to the continuation of the Management Agreements. Also in advance of the Meeting, the Independent Board Members met with their independent counsel to discuss the materials and management provided additional materials to address and respond to questions that the Independent Board Members posed after their review and analysis of materials provided by the Advisor and the Broadridge Reports.

At the Meeting, the Board considered a number of factors when considering the continuation of each Management Agreement for a Fund, including: (i) the nature, extent and quality of services provided by the Advisor to each Fund; (ii) the performance of each Fund and the Advisor; (iii) the fees and expenses borne by each Fund; (iv) the profitability realized by the Advisor from the relationship with each Fund; and (v) whether economies of scale are realized by the Advisor with respect to each Fund as it grows larger, and the extent to which this is reflected in the level of the management fee charged.

When considering the nature and quality of the services provided by the Advisor to a Fund, the Board reviewed: (a) the scope and depth of the Advisor's organization; (b) the experience and expertise of its investment professionals currently providing management services to the Fund; and (c) the Advisor's investment global advisory capabilities. The Board evaluated the Advisor's portfolio management process and discussed the unique features of the Advisor's investment approach. The Board also considered the nature and character of non-investment advisory services provided by the Advisor, including administrative services. After analyzing the caliber of services provided by the Advisor to each Fund, both quantitatively and qualitatively, including the impact of these services on investment performance, the Board concluded that the nature, extent and quality of services provided to each Fund were consistent with the operational requirements of the Fund and met the needs of the shareholders of the Fund.

In considering the performance of each Fund, the Board analyzed the Broadridge Reports, which compared the performance of each Fund with other funds in its respective peer group and investment category. The Board also reviewed the performance analysis prepared by the Advisor, which presented the performance of each Fund and its benchmark index, over multiple performance periods, along with the Advisor's explanation of the performance. The Board noted that the Advisor reported that each Fund had performed in accordance with relevant markets and the Advisor's expectations. The Board concluded that the Advisor's explanations provided a sound basis for understanding the comparative performance of the Funds. The Board determined, among other things, that after considering each Fund's investment strategies and the expectations of its shareholder base, the performance of each Fund was reasonable as compared with relevant performance standards and appropriate market indexes.

When considering the fees and expenses borne by each Fund, and considering the reasonableness of the management fees paid to the Advisor in light of the services provided to the Fund and any additional benefits received by the Advisor in connection with providing such services, the Board compared the fees charged by the Advisor to the Fund to the fees charged to the funds in its peer group for comparable services as provided in the Broadridge Reports. The Board concluded that the effective management fees and total expenses of each Fund over various periods were favorable in relation to those of its peer funds, and that the management fees were fair, both on an absolute basis and in comparison with the fees of other funds identified in the peer groups and the industry at large.

------

**Item 11 – Statement Regarding Basis for Approval of Investment Management Agreements**

**CONTINUED**

The Board considered the profitability of each Fund to the Advisor by reviewing the profitability analysis provided by the Advisor, including information about its fee revenues and income. The Board reviewed the overall profitability of the Advisor, and the compensation that it received for providing services to each Fund. The Board considered the profitability to the Advisor of managing and servicing the Funds and the Advisor's unregistered clients, such as collective trusts, group trusts and separate accounts. Upon closely examining the Advisor's profitability, the Board concluded, among other things, that it was reasonable and similar to the profitability reported in previous years.

The Board also discussed whether economies of scale are realized by the Advisor with respect to each Fund as it grows larger, and the extent to which this is reflected in the level of management fees charged. For several reasons, the Board concluded that economies of scale and the reflection of such economies of scale in the level of management fees charged were not particularly meaningful to each Fund at the present time, due to the current level of fees and expenses and the profitability of the Fund.

After full consideration of the factors discussed above, with no single factor identified as being of paramount importance, the Board, including the Independent Board Members, with the assistance of independent counsel, concluded that the continuation of the Management Agreement for each Fund was in the best interests of the Fund and its shareholders.

------

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

------

DFA-043025-002S-DIG

------

Semi-Annual Financial Statements &

Other Information

**Six Months Ended: April 30, 2025 (Unaudited)**

------

DIMENSIONAL INVESTMENT GROUP INC.

------

**Global Equity Portfolio**

**Global Allocation 60/40 Portfolio**

**Global Allocation 25/75 Portfolio**

------

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

------

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

[THIS PAGE INTENTIONALLY LEFT BLANK]

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**SEMI-ANNUAL FINANCIAL STATEMENTS AND OTHER INFORMATION**

**(Unaudited)**

**Table of Contents** 

---

| | |
|:---|:---|
|  | **Page** |
| **[Item 7 –](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_FC-FrontCoverImage-746_1)[Financial Statements and Financial Highlights for Open-End Management Investment](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_FC-FrontCoverImage-746_1)**<br> **[Companies](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_FC-FrontCoverImage-746_1)**<br>|  |
| **[Definitions of Abbreviations and Footnotes](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_AF-TOC-AbbreviationsandFootnotes-746_1)** | 1 |
| [Schedules of Investments](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_SOI-TOC-ScheduleofInvestments-746_1) |  |
| [Global Equity Portfolio](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_SOI-TOC-ScheduleofInvestments-746_1) | 2 |
| [Global Allocation 60/40 Portfolio](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_SOI-TOC-ScheduleofInvestments-746_2) | 3 |
| [Global Allocation 25/75 Portfolio](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_SOI-TOC-ScheduleofInvestments-746_3) | 4 |
| [Statements of Assets and Liabilities](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_FS-StatementofAssetsandLiabilities_1) | 5 |
| [Statements of Operations](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_FS-StatementofAssetsandLiabilities_2) | 6 |
| [Statements of Changes in Net Assets](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_FS-StatementofAssetsandLiabilities_3) | 7 |
| [Financial Highlights](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_FIHI_L-TOC-FinancialHighlights_L-746_1) | 8 |
| [Notes to Financial Statements](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_NTF-NotestoFinancialStatements-746_1) | 11 |
| **[Item 8 –](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_DISCLOSE-ChangesandDisagreements_1)[Changes in and Disagreements with Accountants for Open-End Management Investment](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_DISCLOSE-ChangesandDisagreements_1)**<br> **[Companies](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_DISCLOSE-ChangesandDisagreements_1)**<br>| 22 |
| **[Item 9 –](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_DISCLOSE-ChangesandDisagreements_2)[Proxy Disclosures for Open-End Management Investment Companies](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_DISCLOSE-ChangesandDisagreements_2)** | 23 |
| **[Item 10 –](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_DISCLOSE-ChangesandDisagreements_3)[Remuneration Paid to Directors, Officers, and Others of Open-End Management](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_DISCLOSE-ChangesandDisagreements_3)**<br> **[Investment Companies](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_DISCLOSE-ChangesandDisagreements_3)**<br>| 24 |
| **[Item 11 –](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_DISCLOSE-ChangesandDisagreements_4)[Statement Regarding Basis for Approval of Investment Management Agreements](#xx_d880ed3b-0fe4-4d4b-b764-e1a846f55c24_DISCLOSE-ChangesandDisagreements_4)** | 25 |

---

i

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES**

**<u>Schedules of Investments</u>** 

Investment Footnotes <br> † See Note B to Financial Statements. <br> Ɏ Represents 7 Day subsidized yield as of April 30, 2025

**<u>Financial Highlights</u>** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) Computed
 using average shares outstanding.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) Non-Annualized

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) Represents
 the combined ratios for the respective Portfolio and its respective pro-rata share
 of its Underlying Funds.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(D) Annualized

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

---

| | |
|:---|:---|
| **All Statements, Schedules and Notes to Financial Statements** | **All Statements, Schedules and Notes to Financial Statements** |
|  | Amounts designated as — are either zero or rounded to zero. |
| SEC | Securities and Exchange Commission |

---

------

**Global Equity Portfolio**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value†** |
| AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) |
| DOMESTIC EQUITIES — (72.1%) | DOMESTIC EQUITIES — (72.1%) | DOMESTIC EQUITIES — (72.1%) |
| U.S. Core Equity 2 Portfolio | &nbsp;&nbsp;&nbsp; 129219718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $4671292790 |
| U.S. Core Equity 1 Portfolio | &nbsp;&nbsp;&nbsp; 38353490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1560219971 |
| DFA Real Estate Securities Portfolio | &nbsp;&nbsp;&nbsp; 3376602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 136212140 |
| TOTAL DOMESTIC EQUITIES | TOTAL DOMESTIC EQUITIES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6367724901 |
| INTERNATIONAL EQUITIES — (27.9%) | INTERNATIONAL EQUITIES — (27.9%) | INTERNATIONAL EQUITIES — (27.9%) |
| International Core Equity 2 Portfolio | &nbsp;&nbsp;&nbsp; 98687332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1694461491 |
| Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp;&nbsp; 30582860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 722978817 |
| DFA International Real Estate Securities Portfolio | &nbsp;&nbsp;&nbsp; 13120954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47235433 |
| TOTAL INTERNATIONAL EQUITIES | TOTAL INTERNATIONAL EQUITIES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2464675741 |
| TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES <br>(Cost $3,679,757,176) | TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES <br>(Cost $3,679,757,176) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $8832400642 |

---

Summary of the Global Fund's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Affiliated Investment Companies | &nbsp;&nbsp; $8832400642 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $8832400642 |
| TOTAL | &nbsp;&nbsp; $8832400642 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $8832400642 |

---

See accompanying Notes to Financial Statements.

------

**Global Allocation 60/40 Portfolio**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value†** |
| AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) |
| DOMESTIC EQUITIES — (42.8%) | DOMESTIC EQUITIES — (42.8%) | DOMESTIC EQUITIES — (42.8%) |
| U.S. Core Equity 2 Portfolio | &nbsp;&nbsp;&nbsp; 30149470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1089903323 |
| U.S. Core Equity 1 Portfolio | &nbsp;&nbsp;&nbsp; 8959582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 364475808 |
| DFA Real Estate Securities Portfolio | &nbsp;&nbsp;&nbsp; 807012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32554860 |
| TOTAL DOMESTIC EQUITIES | TOTAL DOMESTIC EQUITIES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1486933991 |
| INTERNATIONAL EQUITIES — (16.8%) | INTERNATIONAL EQUITIES — (16.8%) | INTERNATIONAL EQUITIES — (16.8%) |
| International Core Equity 2 Portfolio | &nbsp;&nbsp;&nbsp; 23458208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 402777425 |
| Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp;&nbsp; 7093348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 167686741 |
| DFA International Real Estate Securities Portfolio | &nbsp;&nbsp;&nbsp; 3146279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11326607 |
| TOTAL INTERNATIONAL EQUITIES | TOTAL INTERNATIONAL EQUITIES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 581790773 |
| FIXED INCOME (DOMESTIC) — (2.6%) | FIXED INCOME (DOMESTIC) — (2.6%) | FIXED INCOME (DOMESTIC) — (2.6%) |
| DFA Inflation-Protected Securities Portfolio | &nbsp;&nbsp;&nbsp; 8186122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 91766427 |
| FIXED INCOME (INTERNATIONAL) — (37.8%) | FIXED INCOME (INTERNATIONAL) — (37.8%) | FIXED INCOME (INTERNATIONAL) — (37.8%) |
| DFA Selectively Hedged Global Fixed Income Portfolio | &nbsp;&nbsp;&nbsp; 55253445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 515514643 |
| DFA Short-Term Extended Quality Portfolio | &nbsp;&nbsp;&nbsp; 33266086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 347963261 |
| DFA Global Core Plus Fixed Income Portfolio | &nbsp;&nbsp;&nbsp; 19400836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 179069716 |
| DFA Five-Year Global Fixed Income Portfolio | &nbsp;&nbsp;&nbsp; 17585889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 178672637 |
| DFA World ex U.S. Government Fixed Income Portfolio | &nbsp;&nbsp;&nbsp; 10792921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 92603259 |
| TOTAL FIXED INCOME (INTERNATIONAL) | TOTAL FIXED INCOME (INTERNATIONAL) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1313823516 |
| TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES <br>(Cost $2,199,956,450) | TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES <br>(Cost $2,199,956,450) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $3474314707 |
| TEMPORARY CASH INVESTMENTS — (0.0%) | TEMPORARY CASH INVESTMENTS — (0.0%) | TEMPORARY CASH INVESTMENTS — (0.0%) |
| ɎState Street Institutional U.S. Government Money Market Fund, 4.290% <br>(Cost $672,468) | &nbsp;&nbsp;&nbsp; 672468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 672468 |
| TOTAL INVESTMENTS — (100.0%) <br>(Cost $2,200,628,918) | TOTAL INVESTMENTS — (100.0%) <br>(Cost $2,200,628,918) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $3474987175 |

---

Summary of the Global Fund's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Affiliated Investment Companies | &nbsp;&nbsp; $3474314707 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $3474314707 |
| Temporary Cash Investments | &nbsp;&nbsp; 672468 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 672468 |
| TOTAL | &nbsp;&nbsp; $3474987175 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $3474987175 |

---

See accompanying Notes to Financial Statements.

------

**Global Allocation 25/75 Portfolio**

**SCHEDULE OF INVESTMENTS**

**April 30, 2025**

**(Unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value†** |
| AFFILIATED INVESTMENT COMPANIES — (99.9%) | AFFILIATED INVESTMENT COMPANIES — (99.9%) | AFFILIATED INVESTMENT COMPANIES — (99.9%) |
| DOMESTIC EQUITIES — (18.0%) | DOMESTIC EQUITIES — (18.0%) | DOMESTIC EQUITIES — (18.0%) |
| U.S. Core Equity 2 Portfolio | &nbsp;&nbsp;&nbsp; 2401489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $86813847 |
| U.S. Core Equity 1 Portfolio | &nbsp;&nbsp;&nbsp; 706953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28758833 |
| DFA Real Estate Securities Portfolio | &nbsp;&nbsp;&nbsp; 61021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2461585 |
| TOTAL DOMESTIC EQUITIES | TOTAL DOMESTIC EQUITIES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 118034265 |
| INTERNATIONAL EQUITIES — (6.9%) | INTERNATIONAL EQUITIES — (6.9%) | INTERNATIONAL EQUITIES — (6.9%) |
| International Core Equity 2 Portfolio | &nbsp;&nbsp;&nbsp; 1819920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31248024 |
| Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp;&nbsp; 555452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13130892 |
| DFA International Real Estate Securities Portfolio | &nbsp;&nbsp;&nbsp; 232975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 838710 |
| TOTAL INTERNATIONAL EQUITIES | TOTAL INTERNATIONAL EQUITIES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45217626 |
| FIXED INCOME (DOMESTIC) — (11.2%) | FIXED INCOME (DOMESTIC) — (11.2%) | FIXED INCOME (DOMESTIC) — (11.2%) |
| DFA Inflation-Protected Securities Portfolio | &nbsp;&nbsp;&nbsp; 6543470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73352294 |
| FIXED INCOME (INTERNATIONAL) — (63.8%) | FIXED INCOME (INTERNATIONAL) — (63.8%) | FIXED INCOME (INTERNATIONAL) — (63.8%) |
| DFA Short-Term Extended Quality Portfolio | &nbsp;&nbsp;&nbsp; 18723902 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 195852011 |
| DFA Two-Year Global Fixed Income Portfolio | &nbsp;&nbsp;&nbsp; 19849176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 195712878 |
| DFA World ex U.S. Government Fixed Income Portfolio | &nbsp;&nbsp;&nbsp; 3179664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27281514 |
| TOTAL FIXED INCOME (INTERNATIONAL) | TOTAL FIXED INCOME (INTERNATIONAL) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 418846403 |
| TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES <br>(Cost $551,336,601) | TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES <br>(Cost $551,336,601) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $655450588 |
| TEMPORARY CASH INVESTMENTS — (0.1%) | TEMPORARY CASH INVESTMENTS — (0.1%) | TEMPORARY CASH INVESTMENTS — (0.1%) |
| ɎState Street Institutional U.S. Government Money Market Fund, 4.290% <br>(Cost $476,369) | &nbsp;&nbsp;&nbsp; 476369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 476369 |
| TOTAL INVESTMENTS — (100.0%) <br>(Cost $551,812,970) | TOTAL INVESTMENTS — (100.0%) <br>(Cost $551,812,970) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $655926957 |

---

Summary of the Global Fund's investments as of April 30, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Affiliated Investment Companies | &nbsp;&nbsp; $655450588 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $655450588 |
| Temporary Cash Investments | &nbsp;&nbsp; 476369 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 476369 |
| TOTAL | &nbsp;&nbsp; $655926957 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $655926957 |

---

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**STATEMENTS OF ASSETS AND LIABILITIES**

**April 30, 2025**

**(Unaudited)**

**(Amounts in thousands, except share and per share amounts)**

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

---

| | | | |
|:---|:---|:---|:---|
|  | **Global Equity**<br> **Portfolio**<br>| **Global**<br> **Allocation**<br> **60/40 Portfolio**<br>| **Global**<br> **Allocation**<br> **25/75 Portfolio**<br>|
| **ASSETS:** |  |  |  |
| Investments in Affiliated Investment Companies at Value | $8832401 | $3474315 | $655451 |
| Temporary Cash Investments at Value & Cost |  | 672 | 476 |
| Receivables: |  |  |  |
| Affiliated Investment Companies Sold | 3894 |  |  |
| Dividends and Interest | 1 | 1 | 1 |
| Fund Shares Sold | 1865 | 1219 | 65 |
| Prepaid Expenses and Other Assets  | 50 | 28 | 15 |
| Total Assets | 8838211 | 3476235 | 656008 |
| **LIABILITIES:** |  |  |  |
| Payables: |  |  |  |
| Affiliated Investment Companies Purchased |  | 368 | 179 |
| Fund Shares Redeemed | 4074 | 910 | 952 |
| Due to Advisor | 217 | 77 | 18 |
| Line of Credit | 2770 | 1 |  |
| Accrued Expenses and Other Liabilities | 268 | 125 | 32 |
| Total Liabilities | 7329 | 1481 | 1181 |
| **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |  |  |
| **NET ASSETS** | $8830882 | $3474754 | $654827 |
| **NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:**  |  |  |  |
| Institutional Class Shares — based on shares outstanding of 266,018,007, <br> 167,335,646 and 47,422,540, respectively, $0.01 Par Value (1)<br>| **$33.20** | **$20.77** | **$13.81** |
| (1) NUMBER OF SHARES AUTHORIZED | 700000000 | 500000000 | 300000000 |
| Investments in Affiliated Investment Companies at Cost | $3679757 | $2199956 | $551337 |
| **NET ASSETS CONSIST OF:** |  |  |  |
| Paid-In Capital | $3754711 | $2162968 | $555193 |
| Total Distributable Earnings (Loss) | 5076171 | 1311786 | 99634 |
| **NET ASSETS** | $8830882 | $3474754 | $654827 |

---

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**STATEMENTS OF OPERATIONS**

**FOR THE SIX MONTHS ENDED April 30, 2025**

**(Unaudited)**

**(Amounts in thousands)**

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

---

| | | | |
|:---|:---|:---|:---|
|  | **Global Equity**<br> **Portfolio**<br>| **Global**<br> **Allocation**<br> **60/40 Portfolio**<br>| **Global**<br> **Allocation**<br> **25/75 Portfolio**<br>|
| **Investment Income** |  |  |  |
| Dividends | $21 | $7 | $6 |
| Dividend Income from Affiliates | 74892 | 58611 | 10635 |
| Total Investment Income | 74913 | 58618 | 10641 |
| **Fund Expenses** |  |  |  |
| Investment Management Fees | 9166 | 3465 | 595 |
| Accounting & Transfer Agent Fees | 758 | 289 | 59 |
| Custodian Fees | 1 | 1 | 1 |
| Filing Fees | 37 | 22 | 12 |
| Shareholders' Reports | 69 | 27 | 8 |
| Directors'/Trustees' Fees & Expenses | 27 | 11 | 2 |
| Professional Fees | 18 | 8 | 1 |
| Other | 84 | 36 | 10 |
| Total Fund Expenses | 10160 | 3859 | 688 |
| Fees Waived, Expenses Reimbursed by Advisor (Note C) | 7703 | 2958 | 480 |
| Net Expenses | 2457 | 901 | 208 |
| **Net Investment Income (Loss)** | 72456 | 57717 | 10433 |
| **Realized and Unrealized Gain (Loss)** |  |  |  |
| Net Realized Gain (Loss) on: |  |  |  |
| Affiliated Investment Companies Shares Sold | 96485 | 77323 | 4722 |
| Futures | 255 |  |  |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |
| Affiliated Investment Companies Shares | (305998)<br>| (128681)<br>| (5069)<br>|
| **Net Realized and Unrealized Gain (Loss)** | (209258)<br>| (51358)<br>| (347)<br>|
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | $(136802)<br>| $6359 | $10086 |

---

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Global Equity Portfolio** | **Global Equity Portfolio** | **Global Allocation 60/40**<br> **Portfolio** | **Global Allocation 60/40**<br> **Portfolio** | **Global Allocation 25/75**<br> **Portfolio** | **Global Allocation 25/75**<br> **Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
|  | **(Unaudited)** |  | **(Unaudited)** |  | **(Unaudited)** |  |
| **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
| Operations: |  |  |  |  |  |  |
| Net Investment Income (Loss) | $72456 | $165631 | &nbsp;&nbsp; $57717 | $104036 | &nbsp;&nbsp; $10433 | $24742 |
| Capital Gain Distributions Received from <br> Affiliated Investment Companies<br>|  | 18810 | &nbsp;&nbsp; — | 5088 | &nbsp;&nbsp; — | 417 |
| Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| Affiliated Investment Companies Shares <br> Sold<br>| 96485 | 181068 | &nbsp;&nbsp; 77323 | 172739 | &nbsp;&nbsp; 4722 | 27631 |
| Futures | 255 |  | &nbsp;&nbsp; — |  | &nbsp;&nbsp; — |  |
| Change in Unrealized Appreciation <br> (Depreciation) of:<br>|  |  |  |  |  |  |
| Affiliated Investment Companies Shares | (305998)<br>| 2018849 | &nbsp;&nbsp; (128681)<br>| 448234 | &nbsp;&nbsp; (5069)<br>| 31216 |
| Net Increase (Decrease) in Net Assets <br> Resulting from Operations<br>| (136802)<br>| 2384358 | &nbsp;&nbsp; 6359 | 730097 | &nbsp;&nbsp; 10086 | 84006 |
| Distributions: |  |  |  |  |  |  |
| Institutional Class Shares | (247341)<br>| (318645)<br>| &nbsp;&nbsp; (217454)<br>| (199577)<br>| &nbsp;&nbsp; (34896)<br>| (37652)<br>|
| Capital Share Transactions: |  |  |  |  |  |  |
| Shares Issued | 518015 | 967419 | &nbsp;&nbsp; 195985 | 403134 | &nbsp;&nbsp; 57722 | 66510 |
| Shares Issued in Lieu of Cash Distributions | 244992 | 315778 | &nbsp;&nbsp; 215876 | 196127 | &nbsp;&nbsp; 34851 | 37574 |
| Shares Redeemed | (813826)<br>| (1646593)<br>| &nbsp;&nbsp; (501089)<br>| (824684)<br>| &nbsp;&nbsp; (97235)<br>| (191305)<br>|
| Net Increase (Decrease) from Capital <br> Share Transactions<br>| (50819)<br>| (363396)<br>| &nbsp;&nbsp; (89228)<br>| (225423)<br>| &nbsp;&nbsp; (4662)<br>| (87221)<br>|
| Total Increase (Decrease) in Net Assets | (434962)<br>| 1702317 | &nbsp;&nbsp; (300323)<br>| 305097 | &nbsp;&nbsp; (29472)<br>| (40867)<br>|
| **Net Assets** |  |  |  |  |  |  |
| Beginning of Period | 9265844 | 7563527 | &nbsp;&nbsp; 3775077 | 3469980 | &nbsp;&nbsp; 684299 | 725166 |
| End of Period | $8830882 | $9265844 | &nbsp;&nbsp; $3474754 | $3775077 | &nbsp;&nbsp; $654827 | $684299 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |  |  |
| Shares Issued | 15076 | 30155 | &nbsp;&nbsp; 9245 | 19308 | &nbsp;&nbsp; 4162 | 4743 |
| Shares Issued in Lieu of Cash Distributions | 7011 | 10188 | &nbsp;&nbsp; 10131 | 9700 | &nbsp;&nbsp; 2522 | 2720 |
| Shares Redeemed  | (23640)<br>| (51074)<br>| &nbsp;&nbsp; (23626)<br>| (39363)<br>| &nbsp;&nbsp; (6983)<br>| (13675)<br>|
| Net Increase (Decrease) from Shares <br> Issued and Redeemed<br>| (1553)<br>| (10731)<br>| &nbsp;&nbsp; (4250)<br>| (10355)<br>| &nbsp;&nbsp; (299)<br>| (6212)<br>|

---

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Global Equity Portfolio** | **Global Equity Portfolio** | **Global Equity Portfolio** | **Global Equity Portfolio** | **Global Equity Portfolio** | **Global Equity Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | $34.63 | &nbsp;&nbsp;&nbsp; $27.18 | $26.41 | $32.62 | $23.39 | $23.57 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.27 | &nbsp;&nbsp;&nbsp;&nbsp;0.60 | 0.51 | 0.57 | 0.46 | 0.39 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | (0.77)<br>| &nbsp;&nbsp;&nbsp;&nbsp;8.01 | 1.58 | (5.36)<br>| 9.49 | (0.06)<br>|
| Total from Investment Operations  | (0.50)<br>| &nbsp;&nbsp;&nbsp;&nbsp;8.61 | 2.09 | (4.79)<br>| 9.95 | 0.33 |
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | (0.27)<br>| &nbsp;&nbsp;&nbsp; (0.60)<br>| (0.52)<br>| (0.57)<br>| (0.46)<br>| (0.39)<br>|
| Net Realized Gains  | (0.66)<br>| &nbsp;&nbsp;&nbsp; (0.56)<br>| (0.80)<br>| (0.85)<br>| (0.26)<br>| (0.12)<br>|
| Total Distributions  | (0.93)<br>| &nbsp;&nbsp;&nbsp; (1.16)<br>| (1.32)<br>| (1.42)<br>| (0.72)<br>| (0.51)<br>|
| Net Asset Value, End of Period | $33.20 | &nbsp;&nbsp;&nbsp; $34.63 | $27.18 | $26.41 | $32.62 | $23.39 |
| Total Return  | (1.57<br> %)(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 32.22<br> %<br>| 7.90<br> %<br>| (15.15<br> %)<br>| 42.97<br> %<br>| 1.48<br> %<br>|
| Net Assets, End of Period (thousands)  | $8830882 | &nbsp;&nbsp;&nbsp; $9265844 | $7563527 | $7341594 | $9096707 | $6958558 |
| Ratio of Expenses to Average Net Assets \*(C) | 0.25<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.26<br> %<br>| 0.25<br> %<br>| 0.25<br> %<br>| 0.26<br> %<br>| 0.30<br> %<br>|
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses <br> Reimbursed by Advisor) \*(C)<br>| 0.42<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.43<br> %<br>| 0.43<br> %<br>| 0.43<br> %<br>| 0.45<br> %<br>| 0.52<br> %<br>|
| Ratio of Net Investment Income to Average Net Assets  | 1.58<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1.87<br> %<br>| 1.83<br> %<br>| 1.95<br> %<br>| 1.54<br> %<br>| 1.70<br> %<br>|
| Portfolio Turnover Rate  | 2<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 4<br> %<br>| N/A | N/A | N/A | N/A |
| \* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and <br> expenses incurred by the Portfolio indirectly as a result of Portfolio's investment in <br> Underlying Funds as follows:<br>| 0.20<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.20<br> %<br>| 0.21<br> %<br>| 0.21<br> %<br>| 0.22<br> %<br>| 0.24<br> %<br>|

---

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Global Allocation 60/40 Portfolio** | **Global Allocation 60/40 Portfolio** | **Global Allocation 60/40 Portfolio** | **Global Allocation 60/40 Portfolio** | **Global Allocation 60/40 Portfolio** | **Global Allocation 60/40 Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | $22.00 | &nbsp;&nbsp;&nbsp; $19.07 | $18.71 | $22.61 | $18.74 | $18.51 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.33 | &nbsp;&nbsp;&nbsp;&nbsp;0.58 | 0.36 | 0.40 | 0.25 | 0.35 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | (0.27)<br>| &nbsp;&nbsp;&nbsp;&nbsp;3.47 | 0.87 | (3.18)<br>| 4.33 | 0.36 |
| Total from Investment Operations  | 0.06 | &nbsp;&nbsp;&nbsp;&nbsp;4.05 | 1.23 | (2.78)<br>| 4.58 | 0.71 |
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | (0.34)<br>| &nbsp;&nbsp;&nbsp; (0.57)<br>| (0.34)<br>| (0.40)<br>| (0.26)<br>| (0.35)<br>|
| Net Realized Gains  | (0.95)<br>| &nbsp;&nbsp;&nbsp; (0.55)<br>| (0.53)<br>| (0.72)<br>| (0.45)<br>| (0.13)<br>|
| Total Distributions  | (1.29)<br>| &nbsp;&nbsp;&nbsp; (1.12)<br>| (0.87)<br>| (1.12)<br>| (0.71)<br>| (0.48)<br>|
| Net Asset Value, End of Period | $20.77 | &nbsp;&nbsp;&nbsp; $22.00 | $19.07 | $18.71 | $22.61 | $18.74 |
| Total Return  | 0.12<br> %(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 21.79<br> %<br>| 6.62<br> %<br>| (12.85<br> %)<br>| 24.80<br> %<br>| 3.88<br> %<br>|
| Net Assets, End of Period (thousands)  | $3474754 | &nbsp;&nbsp;&nbsp; $3775077 | $3469980 | $3569416 | $4553922 | $3814321 |
| Ratio of Expenses to Average Net Assets \*(C) | 0.24<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.25<br> %<br>| 0.25<br> %<br>| 0.24<br> %<br>| 0.25<br> %<br>| 0.27<br> %<br>|
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses <br> Reimbursed by Advisor) \*(C)<br>| 0.40<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.41<br> %<br>| 0.42<br> %<br>| 0.41<br> %<br>| 0.43<br> %<br>| 0.47<br> %<br>|
| Ratio of Net Investment Income to Average Net Assets  | 3.17<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 2.77<br> %<br>| 1.87<br> %<br>| 1.95<br> %<br>| 1.18<br> %<br>| 1.92<br> %<br>|
| Portfolio Turnover Rate  | 2<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 4<br> %<br>| N/A | N/A | N/A | N/A |
| \* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and <br> expenses incurred by the Portfolio indirectly as a result of Portfolio's investment in <br> Underlying Funds as follows:<br>| 0.19<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.20<br> %<br>| 0.20<br> %<br>| 0.20<br> %<br>| 0.21<br> %<br>| 0.23<br> %<br>|

---

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Global Allocation 25/75 Portfolio** | **Global Allocation 25/75 Portfolio** | **Global Allocation 25/75 Portfolio** | **Global Allocation 25/75 Portfolio** | **Global Allocation 25/75 Portfolio** | **Global Allocation 25/75 Portfolio** |
|  | **Six Months**<br> **Ended**<br> **Apr 30,**<br> **2025**<br>| &nbsp;&nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2020**<br>|
|  | **(Unaudited)** |  |  |  |  |  |
| Net Asset Value, Beginning of Period | $14.34 | &nbsp;&nbsp;&nbsp; $13.45 | $13.20 | $15.03 | $13.99 | $13.74 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.22 | &nbsp;&nbsp;&nbsp;&nbsp;0.49 | 0.37 | 0.24 | 0.16 | 0.23 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | (0.01)<br>| &nbsp;&nbsp;&nbsp;&nbsp;1.15 | 0.29 | (1.51)<br>| 1.22 | 0.32 |
| Total from Investment Operations  | 0.21 | &nbsp;&nbsp;&nbsp;&nbsp;1.64 | 0.66 | (1.27)<br>| 1.38 | 0.55 |
| <u>Less Distributions:</u>  |  |  |  |  |  |  |
| Net Investment Income  | (0.21)<br>| &nbsp;&nbsp;&nbsp; (0.48)<br>| (0.32)<br>| (0.24)<br>| (0.16)<br>| (0.23)<br>|
| Net Realized Gains  | (0.53)<br>| &nbsp;&nbsp;&nbsp; (0.27)<br>| (0.09)<br>| (0.32)<br>| (0.18)<br>| (0.07)<br>|
| Total Distributions  | (0.74)<br>| &nbsp;&nbsp;&nbsp; (0.75)<br>| (0.41)<br>| (0.56)<br>| (0.34)<br>| (0.30)<br>|
| Net Asset Value, End of Period | $13.81 | &nbsp;&nbsp;&nbsp; $14.34 | $13.45 | $13.20 | $15.03 | $13.99 |
| Total Return  | 1.51<br> %(B)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 12.44<br> %<br>| 5.06<br> %<br>| (8.72<br> %)<br>| 10.01<br> %<br>| 4.05<br> %<br>|
| Net Assets, End of Period (thousands)  | $654827 | &nbsp;&nbsp;&nbsp; $684299 | $725166 | $807967 | $1071186 | $908873 |
| Ratio of Expenses to Average Net Assets \*(C) | 0.24<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.24<br> %<br>| 0.24<br> %<br>| 0.24<br> %<br>| 0.24<br> %<br>| 0.26<br> %<br>|
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by <br> Advisor) \*(C)<br>| 0.39<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.39<br> %<br>| 0.39<br> %<br>| 0.40<br> %<br>| 0.40<br> %<br>| 0.42<br> %<br>|
| Ratio of Net Investment Income to Average Net Assets  | 3.16<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 3.50<br> %<br>| 2.70<br> %<br>| 1.73<br> %<br>| 1.11<br> %<br>| 1.67<br> %<br>|
| Portfolio Turnover Rate  | 5<br> %(B)<br>| &nbsp;&nbsp;&nbsp; 5<br> %<br>| N/A | N/A | N/A | N/A |
| \* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses <br> incurred by the Portfolio indirectly as a result of Portfolio's investment in Underlying Funds as <br> follows:<br>| 0.17<br> %(D)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.17<br> %<br>| 0.18<br> %<br>| 0.18<br> %<br>| 0.19<br> %<br>| 0.20<br> %<br>|

---

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**NOTES TO FINANCIAL STATEMENTS**

**(Unaudited)**

**A. Organization:** 

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940 (the "1940 Act"), whose shares are offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund currently offers ten portfolios, three of which, the Global Equity Portfolio, Global Allocation 60/40 Portfolio and Global Allocation 25/75 Portfolio (each a "Global Fund" and collectively, the "Global Funds"), are presented in this report. The remaining operational portfolios are presented in separate reports.

The Global Funds are investment companies and accordingly, follow the accounting and reporting guidance under the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC"), Topic 946, "Financial Services-Investment Companies."

The Global Funds are "Funds of Funds" that achieve their investment objectives by allocating their assets among other portfolios within DFA Investment Dimensions Group Inc. ("IDG") (collectively, the "Underlying Funds"). The Global Funds may also invest in affiliated and unaffiliated registered and unregistered money market funds. The Underlying Funds' shareholder reports are not included in this report. Copies of the Underlying Funds' shareholder reports are available from the EDGAR database on the SEC's website at http://www.sec.gov. As of April 30, 2025, the Global Funds were the owners of record of the following approximate percentages of the total outstanding shares of the following Underlying Funds as detailed below:

---

| | | |
|:---|:---|:---|
| **Funds of Funds** | **Underlying Funds** | **Percentage**<br> **Ownership**<br> **at 04/30/25**<br>|
| Global Equity Portfolio | U.S. Core Equity 1 Portfolio | &nbsp;&nbsp; 5% |
|  | U.S. Core Equity 2 Portfolio | &nbsp;&nbsp; 15% |
|  | DFA Real Estate Securities Portfolio | &nbsp;&nbsp; 2% |
|  | International Core Equity 2 Portfolio | &nbsp;&nbsp; 5% |
|  | Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp; 3% |
|  | DFA International Real Estate Securities Portfolio | &nbsp;&nbsp; 1% |
| Global Allocation 60/40 Portfolio | U.S. Core Equity 1 Portfolio | &nbsp;&nbsp; 1% |
|  | U.S. Core Equity 2 Portfolio | &nbsp;&nbsp; 4% |
|  | DFA Real Estate Securities Portfolio | &nbsp;&nbsp; — |
|  | International Core Equity 2 Portfolio | &nbsp;&nbsp; 1% |
|  | &nbsp;&nbsp; DFA Selectively Hedged Global Fixed Income <br> Portfolio<br>| &nbsp;&nbsp; — |
|  | Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp; 1% |
|  | DFA Five-Year Global Fixed Income Portfolio | &nbsp;&nbsp; 2% |
|  | DFA Inflation-Protected Securities Portfolio | &nbsp;&nbsp; 2% |
|  | DFA Short-Term Extended Quality Portfolio | &nbsp;&nbsp; — |
|  | &nbsp;&nbsp; DFA World ex U.S. Government Fixed Income <br> Portfolio<br>| &nbsp;&nbsp; 10% |
|  | DFA Global Core Plus Fixed Income Portfolio | &nbsp;&nbsp; 7% |
|  | DFA International Real Estate Securities Portfolio | &nbsp;&nbsp; — |

---

------

---

| | | |
|:---|:---|:---|
| **Funds of Funds** | **Underlying Funds** | **Percentage**<br> **Ownership**<br> **at 04/30/25**<br>|
| Global Allocation 25/75 Portfolio | U.S. Core Equity 1 Portfolio | &nbsp;&nbsp; — |
|  | U.S. Core Equity 2 Portfolio | &nbsp;&nbsp; — |
|  | DFA Real Estate Securities Portfolio | &nbsp;&nbsp; — |
|  | International Core Equity 2 Portfolio | &nbsp;&nbsp; — |
|  | DFA Two-Year Global Fixed Income Portfolio | &nbsp;&nbsp; 4% |
|  | Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp; — |
|  | DFA Inflation-Protected Securities Portfolio | &nbsp;&nbsp; 1% |
|  | DFA Short-Term Extended Quality Portfolio | &nbsp;&nbsp; 3% |
|  | &nbsp;&nbsp; DFA World ex U.S. Government Fixed Income <br> Portfolio<br>| &nbsp;&nbsp; 3% |
|  | DFA International Real Estate Securities Portfolio | &nbsp;&nbsp; — |

---

**B. Significant Accounting Policies:**

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America ("GAAP"). Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates, and those differences could be material.

1. Security Valuation: The Global Funds use a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 1 – inputs are quoted prices in active markets for identical securities, including, though not limited to, equity securities and futures contracts. Underlying Fund and money market fund shares are valued at their respective daily net asset values as reported by their administrator, as they are treated as regulated investment companies and are also included as Level 1 investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

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

A valuation hierarchy table is included at the end of the Global Funds' Schedules of Investments. The methodology or inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds, each of which are affiliates of the Global Funds, and advised by Dimensional Fund Advisors LP (the "Advisor"): the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company Portfolio, U.S. Vector Equity Portfolio, U.S. Micro Cap Portfolio, DFA International Value Portfolio, International Core Equity 2 Portfolio, Emerging Markets Portfolio, Emerging Markets Core Equity 2 Portfolio, DFA Inflation-Protected Securities Portfolio, and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors'/Trustees' Fees & Expenses.

------

The Directors may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Director shall have the right in a notice of election (the "Notice") to defer the receipt of the Director's deferred compensation until a date specified by such Director in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board; and (ii) five years following the effective date of the Director's first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director's deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board (unless the Director files an amended Notice selecting a different distribution date).

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of affiliated investment company shares are accounted for on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. Distributions received from the investment in affiliated investment companies that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Global Funds estimate the character of received distributions that may be considered return of capital distributions. Interest income is recorded on an accrual basis. Expenses directly attributable to a Global Fund are directly charged. Common expenses of the Fund or Global Funds are allocated using methods approved by the Board, generally based on average net assets.

**C. Investment Advisor:**

The Advisor provides investment management services to the Global Funds. For the six months ended April 30, 2025, the Global Funds' investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

---

| | |
|:---|:---|
| Global Equity Portfolio | 0.20<br> %<br>|
| Global Allocation 60/40 Portfolio | 0.19<br> %<br>|
| Global Allocation 25/75 Portfolio | 0.18<br> %<br>|

---

Pursuant to an Amended and Restated Fee Waiver Agreement (the "Fee Waiver Agreement"), the Advisor has agreed to waive certain fees of the Global Funds, as described below. The Fee Waiver Agreement for the Global Funds will remain in effect through February 28, 2026 and may only be terminated by the Fund's Board of Directors prior to that date. The Fee Waiver Agreement shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor.

Pursuant to the Fee Waiver Agreement, in order to limit the total management fees received by the Advisor, the Advisor has agreed to waive the management fee each Global Fund pays to the Advisor to the extent necessary to limit the proportionate share of the total combined management fee paid by a class of each Global Fund and management fees paid by each Global Fund's Underlying Funds to the Advisor, except for fees paid indirectly through its investment of securities lending cash collateral in The DFA Short Term Investment Fund on an annualized basis (the "Annualized Expense Ratio"), to the Total Management Fee Limits listed below based on a percentage of average net assets of a class of a Global Fund on an annualized basis. The maximum amount waived under this waiver is the full amount of a Global Fund's management fee to the Advisor.

During the six months ended April 30, 2025, the Global Funds had Total Management Fee Limits based on a percentage of average net assets on an annualized basis, as listed below. At any time that the Annualized Expense Ratio of a class of a Global Fund is less than the Total Management Fee Limit listed below for such class of the Global Fund, the Advisor retains the right to recover fees previously waived to the extent that the Annualized Expense Ratio following such recovery would be less than the Total Management Fee Limit that was in place when such prior year fees were waived, and less than the current Total Management Fee Limit in place for the Global Fund. The recovered previously waived fees during the six months ended April 30, 2025, waived fees during the six months ended April 30,

------

2025, and previously waived fees subject to future recovery by the Advisor, are reflected below (amounts in thousands). The Global Funds are not obligated to reimburse the Advisor for fees previously waived by the Advisor more than thirty-six months before the date of such reimbursement.

---

| | | | |
|:---|:---|:---|:---|
| **Institutional Class Shares**  | **Total**<br> **Management**<br> **Fee Limit**<br>| **Recovery**<br> **of Previously**<br> **Assumed Expenses**<br>| **Assumed Expenses** |
| Global Equity Portfolio | 0.20<br> %<br>|  |  |
| Global Allocation 60/40 Portfolio | 0.19<br> %<br>|  |  |
| Global Allocation 25/75 Portfolio | 0.18<br> %<br>|  |  |

---

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Previously**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** |
|  | **10/31/2025** | **10/31/2026** | **10/31/2027** | **4/30/2028** | **Total** |
| Global Equity Portfolio | &nbsp;&nbsp; $6845 | $14214 | $15027 | $7703 | $43789 |
| Global Allocation 60/40 Portfolio | &nbsp;&nbsp; 3267 | 6194 | 6119 | 2958 | 18538 |
| Global Allocation 25/75 Portfolio | &nbsp;&nbsp; 685 | 1202 | 1028 | 480 | 3395 |

---

**Fees Paid to Officers and Directors/Trustees:**

Certain Officers and Directors of the Advisor are also Officers and Directors of the Fund; however, such Officers and Directors (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the six months ended April 30, 2025, the total related amount paid by the Fund to the CCO was $11 (in thousands). The total related amount paid by each of the Global Funds are included in Other Expenses on the Statements of Operations.

**D. Deferred Compensation:** 

As of April 30, 2025, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statements of Assets and Liabilities as follows (amounts in thousands):

---

| | |
|:---|:---|
| Global Equity Portfolio | &nbsp;&nbsp; $38 |
| Global Allocation 60/40 Portfolio | &nbsp;&nbsp; 28 |
| Global Allocation 25/75 Portfolio | &nbsp;&nbsp; 7 |

---

**E. Purchases and Sales of Securities:** 

For the six months ended April 30, 2025, the Global Funds' transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

------

The amounts presented below may differ from the respective amounts presented in the corresponding Schedules of Investments, Statements of Assets and Liabilities or Statements of Operations due to rounding. The amounts are as follows (amounts in thousands):

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at**<br> **October 31, 2024**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Net Realized**<br> **Gain/(Loss)**<br> **on Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation/**<br> **Depreciation**<br>| **Balance at**<br> **April 30, 2025**<br>| **Shares as of**<br> **April 30, 2025**<br>| **Dividend**<br> **Income**<br>| **Capital Gain**<br> **Distributions**<br>|
| **Global Equity Portfolio** |  |  |  |  |  |  |  |  |  |
| U.S. Core Equity 2 Portfolio | $5003935 | $59282 | $158494 | $54671 | $(288100)<br>| $4671294 | 129220 | $28333 |  |
| International Core Equity Portfolio | 1654083 | 59732 | 140736 | 19040 | 102342 | 1694461 | 98687 | 19918 |  |
| U.S. Core Equity 1 Portfolio | 1668614 | 13722 | 55787 | 24696 | (91025)<br>| 1560220 | 38353 | 9318 |  |
| Emerging Markets Core Equity <br> Portfolio<br>| 742870 | 36011 | 35145 | (1002)<br>| (19755)<br>| 722979 | 30583 | 11901 |  |
| DFA Real Estate Securities Portfolio | 148158 | 4434 | 7801 | 388 | (8967)<br>| 136212 | 3377 | 2792 |  |
| DFA International Real Estate <br> Securities Portfolio<br>| 48651 | 3330 | 2945 | (1308)<br>| (493)<br>| 47235 | 13121 | 2630 |  |
| **Total** | **$9266311** | **$176511** | **$400908** | **$96485** | **$(305998)**<br>| **$8832401** |  | **$74892** | **—** |
| **Global Allocation 60/40 Portfolio** |  |  |  |  |  |  |  |  |  |
| U.S. Core Equity 2 Portfolio | $1218259 | $15079 | $91112 | $53080 | $(105403)<br>| $1089903 | 30149 | $6733 |  |
| DFA Selectively Hedged Global <br> Fixed Income Portfolio<br>| 570069 | 25125 | 67737 | (2637)<br>| (9305)<br>| 515515 | 55253 | 24612 |  |
| International Core Equity Portfolio | 405272 | 4789 | 36075 | 9498 | 19293 | 402777 | 23458 | 4790 |  |
| U.S. Core Equity 1 Portfolio | 407072 | 2219 | 29994 | 21015 | (35836)<br>| 364476 | 8960 | 2218 |  |
| DFA Short-Term Extended Quality <br> Portfolio<br>| 378629 | 6669 | 39447 | (1494)<br>| 3606 | 347963 | 33266 | 6421 |  |
| DFA Global Core Plus Fixed <br> Income Portfolio<br>| 186405 | 5061 | 13138 | (1832)<br>| 2574 | 179070 | 19401 | 3397 |  |
| DFA Five-Year Global Fixed Income <br> Portfolio<br>| 189601 | 3676 | 15097 | (1291)<br>| 1784 | 178673 | 17586 | 3556 |  |
| Emerging Markets Core Equity <br> Portfolio<br>| 183663 | 2895 | 13869 | 2100 | (7102)<br>| 167687 | 7093 | 2896 |  |
| DFA World ex U.S. Government <br> Fixed Income Portfolio<br>| 93877 | 1771 | 3994 | (838)<br>| 1787 | 92603 | 10793 | 1771 |  |
| DFA Inflation-Protected Securities <br> Portfolio<br>| 94099 | 861 | 5381 | (332)<br>| 2519 | 91766 | 8186 | 861 |  |
| DFA Real Estate Securities Portfolio | 37567 | 685 | 3663 | 679 | (2713)<br>| 32555 | 807 | 685 |  |
| DFA International Real Estate <br> Securities Portfolio<br>| 12374 | 670 | 1207 | (625)<br>| 115 | 11327 | 3146 | 671 |  |
| **Total** | **$3776887** | **$69500** | **$320714** | **$77323** | **$(128681)**<br>| **$3474315** |  | **$58611** | **—** |

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at**<br> **October 31, 2024**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Net Realized**<br> **Gain/(Loss)**<br> **on Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation/**<br> **Depreciation**<br>| **Balance at**<br> **April 30, 2025**<br>| **Shares as of**<br> **April 30, 2025**<br>| **Dividend**<br> **Income**<br>| **Capital Gain**<br> **Distributions**<br>|
| **Global Allocation 25/75 Portfolio** |  |  |  |  |  |  |  |  |  |
| DFA Short-Term Extended Quality <br> Portfolio<br>| $206872 | $8771 | $20931 | $(777)<br>| $1916 | $195851 | 18724 | $3491 |  |
| DFA Two-Year Global Fixed Income <br> Portfolio<br>| 207019 | 9915 | 20968 | (382)<br>| 129 | 195713 | 19849 | 4628 |  |
| U.S. Core Equity 2 Portfolio | 90983 | 8078 | 8444 | 3919 | (7722)<br>| 86814 | 2401 | 507 |  |
| DFA Inflation-Protected Securities <br> Portfolio<br>| 74833 | 2377 | 5576 | (320)<br>| 2038 | 73352 | 6543 | 681 |  |
| International Core Equity Portfolio | 30032 | 1594 | 2574 | 882 | 1314 | 31248 | 1820 | 351 |  |
| U.S. Core Equity 1 Portfolio | 30218 | 2157 | 2523 | 1450 | (2543)<br>| 28759 | 707 | 166 |  |
| DFA World ex U.S. Government <br> Fixed Income Portfolio<br>| 27174 | 1037 | 1226 | (243)<br>| 540 | 27282 | 3180 | 506 |  |
| Emerging Markets Core Equity <br> Portfolio<br>| 13511 | 870 | 882 | 165 | (533)<br>| 13131 | 555 | 210 |  |
| DFA Real Estate Securities Portfolio | 2683 | 120 | 192 | 54 | (203)<br>| 2462 | 61 | 49 |  |
| DFA International Real Estate <br> Securities Portfolio<br>| 879 | 65 | 74 | (26)<br>| (5)<br>| 839 | 233 | 46 |  |
| **Total** | **$684204** | **$34984** | **$63390** | **$4722** | **$(5069)**<br>| **$655451** |  | **$10635** | **—** |

---

**F. Federal Income Taxes:** 

Each Global Fund has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to its shareholders. Accordingly, no provision has been made for federal income taxes.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under GAAP. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings, undistributed net investment income or accumulated net realized gains or losses, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2024, can occur as a result of realized gains on securities considered to be passive foreign investment companies, non-deductible expenses, realized foreign capital gains tax, the use of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes, net foreign currency gains/losses, distributions received from real estate investment trusts and distribution redesignations, and were reclassified to the accounts mentioned above. These reclassifications had no effect on net assets or net asset value per share.

The tax character of dividends and distributions declared and paid during the years ended October 31, 2023, and October 31, 2024, were as follows (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Long-Term**<br> **Capital Gains**<br>| **Total** |
| Global Equity Portfolio |  |  |  |
| 2023 | &nbsp;&nbsp; $144623 | &nbsp;&nbsp; $220370 | &nbsp;&nbsp; $364993 |
| 2024 | &nbsp;&nbsp; 164139 | &nbsp;&nbsp; 154506 | &nbsp;&nbsp; 318645 |
| Global Allocation 60/40 Portfolio |  |  |  |
| 2023 | &nbsp;&nbsp; 63750 | &nbsp;&nbsp; 100897 | &nbsp;&nbsp; 164647 |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Long-Term**<br> **Capital Gains**<br>| **Total** |
| 2024 | &nbsp;&nbsp; $100571 | &nbsp;&nbsp; $99006 | &nbsp;&nbsp; $199577 |
| Global Allocation 25/75 Portfolio |  |  |  |
| 2023 | &nbsp;&nbsp; 19075 | &nbsp;&nbsp; 5072 | &nbsp;&nbsp; 24147 |
| 2024 | &nbsp;&nbsp; 23731 | &nbsp;&nbsp; 13921 | &nbsp;&nbsp; 37652 |

---

As of October 31, 2024, the following net investment income and short-term capital gains and long-term capital gains distributions designated for federal income tax purposes are due to the use of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Long-Term**<br> **Capital Gains**<br>| **Total** |
| Global Equity Portfolio | &nbsp;&nbsp; $(13048)<br>| &nbsp;&nbsp; $(2736)<br>| &nbsp;&nbsp; $(15784)<br>|
| Global Allocation 60/40 Portfolio | &nbsp;&nbsp; (4933)<br>| &nbsp;&nbsp; (11002)<br>| &nbsp;&nbsp; (15935)<br>|
| Global Allocation 25/75 Portfolio | &nbsp;&nbsp; (1934)<br>| &nbsp;&nbsp; (1322)<br>| &nbsp;&nbsp; (3256)<br>|

---

As of October 31, 2024, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Undistributed**<br> **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Undistributed**<br> **Long-Term**<br> **Capital Gains**<br>| **Capital Loss**<br> **Carryforwards**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Total Net**<br> **Distributable**<br> **Earnings**<br> **(Accumulated**<br> **Losses)**<br>|
| Global Equity Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; $174654 | &nbsp;&nbsp; — | &nbsp;&nbsp; $5285694 | &nbsp;&nbsp; $5460348 |
| Global Allocation 60/40 Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; 160650 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1362109 | &nbsp;&nbsp; 1522759 |
| Global Allocation 25/75 Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; 24999 | &nbsp;&nbsp; — | &nbsp;&nbsp; 99449 | &nbsp;&nbsp; 124448 |

---

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2024, the Global Funds did not have any capital loss carryforwards available to offset future realized capital gains.

During the year ended October 31, 2024, the Global Funds did not use capital loss carryforwards to offset realized capital gains for federal income tax purposes.

As of April 30, 2025, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Federal**<br> **Tax Cost**<br>| **Unrealized**<br> **Appreciation**<br>| **Unrealized**<br> **(Depreciation)**<br>| **Net**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| Global Equity Portfolio | &nbsp;&nbsp; $3852706 | &nbsp;&nbsp; $5161822 | &nbsp;&nbsp; $(9178)<br>| &nbsp;&nbsp; $5152644 |
| Global Allocation 60/40 Portfolio | &nbsp;&nbsp; 2241560 | &nbsp;&nbsp; 1319661 | &nbsp;&nbsp; (45303)<br>| &nbsp;&nbsp; 1274358 |
| Global Allocation 25/75 Portfolio | &nbsp;&nbsp; 561546 | &nbsp;&nbsp; 109486 | &nbsp;&nbsp; (5372)<br>| &nbsp;&nbsp; 104114 |

---

The difference between GAAP-basis and tax-basis unrealized gain (losses) can occur as a result of wash sales and other book to tax differences.

------

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Under GAAP, the Global Funds recognize the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained, assuming examination by tax authorities. Management has analyzed each Global Fund's tax positions and has concluded that no additional provision for income tax is required in any Global Fund's financial statements. No Global Fund is aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. Each Global Fund's federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

**G. Line of Credit and Interfund Lending Program:**

The Fund, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 2, 2025, with its domestic custodian bank. A line of credit with similar terms was in effect through April 2, 2025. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 1, 2026.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 26, 2024. A line of credit with similar terms was in effect through December 26, 2024. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio's net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The line of credit agreement expires on December 25, 2025.

For the six months ended April 30, 2025, borrowings by the Global Funds under the lines of credit were as follows (amounts in thousands, except percentages and days):

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Weighted**<br> **Average**<br> **Interest Rate**<br>| **Weighted**<br> **Average**<br> **Loan Balance**<br>| **Number of**<br> **Days**<br> **Outstanding\***<br>| **Interest**<br> **Expense**<br> **Incurred**<br>| **Maximum Amount**<br> **Borrowed During**<br> **the Period**<br>| **Outstanding**<br> **Borrowings**<br> **as of 04/30/2025**<br>|
| Global Equity Portfolio | 5.15<br> %<br>| &nbsp;&nbsp; $1561 | &nbsp;&nbsp; 119 | &nbsp;&nbsp; $27 | &nbsp;&nbsp; $15592 | &nbsp;&nbsp; $2770 |
| Global Allocation 60/40 <br> Portfolio<br>| 5.18<br> %<br>| &nbsp;&nbsp; 1267 | &nbsp;&nbsp; 114 | &nbsp;&nbsp; 21 | &nbsp;&nbsp; 6344 | &nbsp;&nbsp; — |
| Global Allocation 25/75 <br> Portfolio<br>| 5.18<br> %<br>| &nbsp;&nbsp; 834 | &nbsp;&nbsp; 43 | &nbsp;&nbsp; 5 | &nbsp;&nbsp; 5100 | &nbsp;&nbsp; — |

---

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

\* Number of Days Outstanding represents the total of single or consecutive days during the six months ended April 30, 2025, that each Global Fund's available line of credit was used. 

Pursuant to an exemptive order issued by the SEC (the "Order"), the Global Funds may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objectives and limitations. lnterfund loans have a maximum duration of seven days and may be called on one business day's notice.

------

The Global Funds did not use the interfund lending program during the six months ended April 30, 2025.

**H. Indemnitees; Contractual Obligations:**

Under the Fund's organizational documents, its Officers and Directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

In the normal course of business, the Fund enters into contracts that contain a variety of representations and warranties that provide general indemnification. The Fund's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Fund and/or its affiliates that have not yet occurred. However, based on experience, the Fund expects the risk of loss to be remote.

**I. Segment Reporting:**

In this reporting period, the Global Funds adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The adoption of the new standard only impacted financial statement disclosures and did not affect each of the Global Funds' financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that (i) engages in business activities from which it may recognize revenues and incur expenses, (ii) has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and (iii) has discrete financial information available. The Fund's Co-Chief Executive Officers and the Chief Financial Officer act as the Global Funds' CODM. Each of the Global Funds represents a single operating segment, as the CODM monitors the operating results of the Global Funds as a whole. Each of the Global Funds' long-term strategic asset allocation is executed by its portfolio management team and guided by each of the Global Funds' investment objective and principal investment strategies, as described in each of the Global Funds' respective prospectus. The financial information provided to and reviewed by the CODM is consistent with that presented in each of the Global Funds' Schedule of Investments, Statement of Operations, Statement of Changes in Net Assets, and Financial Highlights.

**J. New Accounting Pronouncement:**

In December 2023, the FASB issued Accounting Standards Update 2023-09, Income Taxes (Topic 740) – Improvements to Income Tax Disclosures ("ASU 2023-09"). Effective for annual periods beginning after December 15, 2024, the amendments require greater disaggregation of disclosures related to income taxes paid. The ASU 2023-09 allows for early adoption and requires that amendments be applied on a prospective basis. Management is currently evaluating the impact of the ASU 2023-09 but does not expect the guidance to materially impact the financial statements.

**K. Other:**

As of April 30, 2025, the following number of shareholders, each holding greater than 5%, held the following approximate percentages of the Global Funds' outstanding shares. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.

---

| | | |
|:---|:---|:---|
|  | **Number of**<br> **Shareholders**<br>| **Approximate**<br> **Percentage**<br> **of Outstanding**<br> **Shares**<br>|
| Global Equity Portfolio | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 74<br> %<br>|
| Global Allocation 60/40 Portfolio | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 80<br> %<br>|
| Global Allocation 25/75 Portfolio | &nbsp;&nbsp; 4 | &nbsp;&nbsp; 84<br> %<br>|

---

------

The Global Funds are subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy). Although management currently believes that resolving claims, if any, against the Global Funds, individually or in aggregate, will not have a material adverse impact on the Global Funds' financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management's view of these matters may change in the future.

**L. Subsequent Event Evaluations:** 

Management has evaluated the impact of all subsequent events on the Global Funds through the date on which the financial statements were issued and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

------

**Item 8 – Changes in and Disagreements with Accountants for Open-End Management Investment Companies**

Not applicable

------

**Item 9 – Proxy Disclosures for Open-End Management Investment Companies**

Not applicable

------

**Item 10 – REMUNERATION PAID TO DIRECTORS, OFFICERS, AND OTHERS OF OPEN-END MANAGEMENT INVESTMENT COMPANIES**

Remuneration paid to directors, officers, and others is included in the "Fees Paid to Officers and Directors/Trustees" section of the Notes to Financial Statements above.

------

**Item 11 – Statement Regarding Basis for Approval of Investment Management Agreements**

At the Board meeting held on December 18-19, 2024 (the "Meeting"), the Board of Directors of Dimensional Investment Group Inc. (the "Board") considered the continuation of the investment management agreements (the "Management Agreements") for each portfolio (collectively, the "Funds").

Prior to the Meeting, independent counsel to the Independent Board Members sent to the Advisor a request for information, which identified the information that the Independent Board Members wished to receive in order to consider the continuation of the Management Agreements. At a Board meeting held on November 1, 2024, the Board discussed the materials provided by the Advisor, the independent reports prepared by Broadridge Financial Solutions (the "Broadridge Reports"), and issues related to the continuation of the Management Agreements. Also in advance of the Meeting, the Independent Board Members met with their independent counsel to discuss the materials and management provided additional materials to address and respond to questions that the Independent Board Members posed after their review and analysis of materials provided by the Advisor and the Broadridge Reports.

At the Meeting, the Board considered a number of factors when considering the continuation of each Management Agreement for a Fund, including: (i) the nature, extent and quality of services provided by the Advisor to each Fund; (ii) the performance of each Fund and the Advisor; (iii) the fees and expenses borne by each Fund; (iv) the profitability realized by the Advisor from the relationship with each Fund; and (v) whether economies of scale are realized by the Advisor with respect to each Fund as it grows larger, and the extent to which this is reflected in the level of the management fee charged.

When considering the nature and quality of the services provided by the Advisor to a Fund, the Board reviewed: (a) the scope and depth of the Advisor's organization; (b) the experience and expertise of its investment professionals currently providing management services to the Fund; and (c) the Advisor's investment global advisory capabilities. The Board evaluated the Advisor's portfolio management process and discussed the unique features of the Advisor's investment approach. The Board also considered the nature and character of non-investment advisory services provided by the Advisor, including administrative services. After analyzing the caliber of services provided by the Advisor to each Fund, both quantitatively and qualitatively, including the impact of these services on investment performance, the Board concluded that the nature, extent and quality of services provided to each Fund were consistent with the operational requirements of the Fund and met the needs of the shareholders of the Fund.

In considering the performance of each Fund, the Board analyzed the Broadridge Reports, which compared the performance of each Fund with other funds in its respective peer group and investment category. The Board also reviewed the performance analysis prepared by the Advisor, which presented the performance of each Fund and its benchmark index, over multiple performance periods, along with the Advisor's explanation of the performance. The Board noted that the Advisor reported that each Fund had performed in accordance with relevant markets and the Advisor's expectations. The Board concluded that the Advisor's explanations provided a sound basis for understanding the comparative performance of the Funds. The Board determined, among other things, that after considering each Fund's investment strategies and the expectations of its shareholder base, the performance of each Fund was reasonable as compared with relevant performance standards and appropriate market indexes.

When considering the fees and expenses borne by each Fund, and considering the reasonableness of the management fees paid to the Advisor in light of the services provided to the Fund and any additional benefits received by the Advisor in connection with providing such services, the Board compared the fees charged by the Advisor to the Fund to the fees charged to the funds in its peer group for comparable services as provided in the Broadridge Reports. The Board concluded that the effective management fees and total expenses of each Fund over various periods were favorable in relation to those of its peer funds, and that the management fees were fair, both on an absolute basis and in comparison with the fees of other funds identified in the peer groups and the industry at large.

------

**Item 11 – Statement Regarding Basis for Approval of Investment Management Agreements**

**CONTINUED**

The Board considered the profitability of each Fund to the Advisor by reviewing the profitability analysis provided by the Advisor, including information about its fee revenues and income. The Board reviewed the overall profitability of the Advisor, and the compensation that it received for providing services to each Fund. The Board considered the profitability to the Advisor of managing and servicing the Funds and the Advisor's unregistered clients, such as collective trusts, group trusts and separate accounts. Upon closely examining the Advisor's profitability, the Board concluded, among other things, that it was reasonable and similar to the profitability reported in previous years.

The Board also discussed whether economies of scale are realized by the Advisor with respect to each Fund as it grows larger, and the extent to which this is reflected in the level of management fees charged. For several reasons, the Board concluded that economies of scale and the reflection of such economies of scale in the level of management fees charged were not particularly meaningful to each Fund at the present time, due to the current level of fees and expenses and the profitability of the Fund.

After full consideration of the factors discussed above, with no single factor identified as being of paramount importance, the Board, including the Independent Board Members, with the assistance of independent counsel, concluded that the continuation of the Management Agreement for each Fund was in the best interests of the Fund and its shareholders.

------

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

------

DFA-043025-007S

------

ITEM 12. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

This item is not applicable to the Registrant, which is an open-end management investment company.

ITEM 13. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

This item is not applicable to the Registrant, which is an open-end management investment company.

ITEM 14. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.

This item is not applicable to the Registrant, which is an open-end management investment company.

---

| | |
|:---|:---|
| ITEM 15. | SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS. |

---

None.

ITEM 16. CONTROLS AND PROCEDURES.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Based on their evaluation of the Registrant's disclosure controls and procedures as of a date within 90 days of the filing date
 of this Form N-CSR (the "Report"), the Registrant's Co-Principal Executive Officers and Principal Financial Officer
 believe that the disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended)
 are effectively designed to ensure that information required to be disclosed by the Registrant in the Report is recorded, processed, summarized
 and reported by the filing date, including ensuring that information required to be disclosed in the Report is accumulated and communicated
 to the Registrant's officers that are making certifications in the Report, as appropriate, to allow timely decisions regarding required
 disclosure. The Registrant's management, including the Co-Principal Executive Officers and the Principal Financial Officer, recognizes
 that any set of controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving
 the desired control objectives.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) There were no changes in the Registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment
 Company Act of 1940, as amended) that occurred during the period covered by this Report that have materially affected, or are reasonably
 likely to materially affect, the Registrant's internal control over financial reporting.

ITEM 17. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

This item is not applicable to the Registrant, which is an open-end management investment company.

ITEM 18. RECOVERY OF ERRONEOUSLY AWARDED COMPENSATION.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

ITEM 19. EXHIBITS. <br>

(a)(1) This item is not applicable. <br>(a)(2) This item is not applicable.

(a)(3) [Certifications pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 are filed herewith.](digi-efp16432_ex99cert.htm)

(a)(4) This item is not applicable.

(a)(5) This item is not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) [Certifications pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 are filed herewith.](digi-efp16432_ex99906.htm)

 **SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dimensional Investment Group Inc.

---

| | |
|:---|:---|
| By: | /s/ David P. Butler |
|  | David P. Butler |
|  | Co-Chief Executive Officer |
| Date: | July 7, 2025 |

---

---

| | |
|:---|:---|
| By: | /s/ Gerard K. O'Reilly |
|  | Gerard K. O'Reilly |
|  | Co-Chief Executive Officer and |
|  | Co-Chief Investment Officer |
| Date: | July 7, 2025 |

---

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| By: | /s/ David P. Butler |
|  | David P. Butler |
|  | Co-Principal Executive Officer |
|  | Dimensional Investment Group Inc. |
| Date: | July 7, 2025 |

---

---

| | |
|:---|:---|
| By: | /s/ Gerard K. O'Reilly |
|  | Gerard K. O'Reilly |
|  | Co-Principal Executive Officer |
|  | Dimensional Investment Group Inc. |
| Date: | July 7, 2025 |

---

---

| | |
|:---|:---|
| By: | /s/ Jan Miller |
|  | Jan Miller |
|  | Principal Financial Officer |
|  | Dimensional Investment Group Inc. |
| Date: | July 7, 2025 |

---

## Ex-99.Cert

**EX-99.CERT**

CERTIFICATION PURSUANT TO SECTION 302 OF

THE SARBANES-OXLEY ACT OF 2002

I, David P. Butler, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. I have reviewed this report on Form N-CSR of Dimensional Investment Group Inc. (the "Registrant");

&nbsp;&nbsp;&nbsp;&nbsp;2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period
covered by this report;

&nbsp;&nbsp;&nbsp;&nbsp;3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material
respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required
to include a statement of cash flows) of the Registrant as of, and for, the periods presented in this report;

&nbsp;&nbsp;&nbsp;&nbsp;4. The Registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures
(as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended) and internal control over financial reporting (as defined
in Rule 30a-3(d) under the Investment Company Act of 1940, as amended) for the Registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision,
to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under
our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) evaluated the effectiveness of the Registrant's disclosure controls and procedures and presented in this report our conclusions
about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report
based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) disclosed in this report any change in the Registrant's internal control over financial reporting that occurred during the period
covered by this report that has materially affected, or is reasonably likely to materially affect, the Registrant's internal control
over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;5. The Registrant's other certifying officers and I have disclosed to the Registrant's auditors and the audit committee of
the Registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which
are reasonably likely to adversely affect the Registrant's ability to record, process, summarize, and report financial information;
and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant's
internal control over financial reporting.

---

| | |
|:---|:---|
| Date: July 7, 2025 | Date: July 7, 2025 |
| By: | /s/ David P. Butler |
|  | David P. Butler |
|  | Co-Principal Executive Officer |
|  | Dimensional Investment Group Inc. |

---

CERTIFICATION PURSUANT TO SECTION 302 OF

THE SARBANES-OXLEY ACT OF 2002

I, Gerard K. O'Reilly, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. I have reviewed this report on Form N-CSR of Dimensional Investment Group Inc. (the "Registrant");

&nbsp;&nbsp;&nbsp;&nbsp;2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period
covered by this report;

&nbsp;&nbsp;&nbsp;&nbsp;3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material
respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required
to include a statement of cash flows) of the Registrant as of, and for, the periods presented in this report;

&nbsp;&nbsp;&nbsp;&nbsp;4. The Registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures
(as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended) and internal control over financial reporting (as defined
in Rule 30a-3(d) under the Investment Company Act of 1940, as amended) for the Registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision,
to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under
our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) evaluated the effectiveness of the Registrant's disclosure controls and procedures and presented in this report our conclusions
about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report
based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) disclosed in this report any change in the Registrant's internal control over financial reporting that occurred during the period
covered by this report that has materially affected, or is reasonably likely to materially affect, the Registrant's internal control
over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;5. The Registrant's other certifying officers and I have disclosed to the Registrant's auditors and the audit committee of
the Registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which
are reasonably likely to adversely affect the Registrant's ability to record, process, summarize, and report financial information;
and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant's
internal control over financial reporting.

---

| | |
|:---|:---|
| Date: July 7, 2025 | Date: July 7, 2025 |
| By: | /s/ Gerard K. O'Reilly |
|  | Gerard K. O'Reilly |
|  | Co-Principal Executive Officer |
|  | Dimensional Investment Group Inc. |

---

CERTIFICATION PURSUANT TO SECTION 302 OF

THE SARBANES-OXLEY ACT OF 2002

I, Jan Miller, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. I have reviewed this report on Form N-CSR of Dimensional Investment Group Inc. (the "Registrant");

&nbsp;&nbsp;&nbsp;&nbsp;2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period
covered by this report;

&nbsp;&nbsp;&nbsp;&nbsp;3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material
respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required
to include a statement of cash flows) of the Registrant as of, and for, the periods presented in this report;

&nbsp;&nbsp;&nbsp;&nbsp;4. The Registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures
(as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended) and internal control over financial reporting (as defined
in Rule 30a-3(d) under the Investment Company Act of 1940, as amended) for the Registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) designed such disclosure controls and procedures, or caused
such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant,
including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which
this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under
our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) evaluated the effectiveness of the Registrant's disclosure controls and procedures and presented in this report our conclusions
about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report
based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) disclosed in this report any change in the Registrant's internal control over financial reporting that occurred during the periodcovered
by this report that has materially affected, or is reasonably likely to materially affect, the Registrant's internal control over
financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;5. The Registrant's other certifying officers and I have disclosed to the Registrant's auditors and the audit committee of
the Registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which
are reasonably likely to adversely affect the Registrant's ability to record, process, summarize, and report financial information;
and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant's
internal control over financial reporting.

---

| | |
|:---|:---|
| Date: July 7, 2025 | Date: July 7, 2025 |
| By: | /s/ Jan Miller |
|  | Jan Miller |
|  | Principal Financial Officer |
|  | Dimensional Investment Group Inc. |

---

## Exhibit 99.906

**EX-99.906CERT**

CERTIFICATIONS PURSUANT TO SECTION 906 OF THE

SARBANES-OXLEY ACT OF 2002

David P. Butler and Gerard K. O'Reilly, Co-Principal Executive Officers, and Jan Miller, Principal Financial Officer, of Dimensional Investment Group Inc., a Maryland corporation (the "Registrant"), each certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The
 Registrant's periodic report on Form N-CSR for the period ended April 30, 2025 (the
 "Report") fully complies with the requirements of Section 13(a) or Section 15(d)
 of the Securities Exchange Act of 1934, as amended, as applicable; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The
 information contained in the Report fairly presents, in all material respects, the financial
 condition and results of operations of the Registrant.

---

| | |
|:---|:---|
| By: | /s/ David P. Butler |
|  | David P. Butler |
|  | Co-Principal Executive Officer |
|  | Dimensional Investment Group Inc. |
| Date: | July 7, 2025 |

---

---

| | |
|:---|:---|
| By: | /s/ Gerard K. O'Reilly |
|  | Gerard K. O'Reilly |
|  | Co-Principal Executive Officer |
|  | Dimensional Investment Group Inc. |
| Date: | July 7, 2025 |

---

---

| | |
|:---|:---|
| By: | /s/ Jan Miller |
|  | Jan Miller |
|  | Principal Financial Officer |
|  | Dimensional Investment Group Inc. |
| Date: | July 7, 2025 |

---