# EDGAR Filing Document

**Accession Number:** 0000798365
**File Stem:** 0002066578-25-001087
**Filing Date:** 2025-11
**Character Count:** 28558
**Document Hash:** d3360aa7d77ea24478080c76aa108ebe
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002066578-25-001087.hdr.sgml**: 20251117

**ACCESSION NUMBER**: 0002066578-25-001087

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251117

**DATE AS OF CHANGE**: 20251117

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ARIEL INVESTMENT TRUST
- **CENTRAL INDEX KEY:** 0000798365

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04786
- **FILM NUMBER:** 251490902

**BUSINESS ADDRESS:**
- **STREET 1:** 200 EAST RANDOLPH STREET
- **STREET 2:** SUITE 2900
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60601
- **BUSINESS PHONE:** 312-581-6750

**MAIL ADDRESS:**
- **STREET 1:** 200 EAST RANDOLPH STREET
- **STREET 2:** SUITE 2900
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60601

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ARIEL GROWTH FUND
- **DATE OF NAME CHANGE:** 19931130

## Series and Classes Contracts Data

### Ariel Global Fund (Series ID: S000035292)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000108547 | Investor Class      | AGLOX           |
| C000108548 | Institutional Class | AGLYX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Ariel Investment Trust

- **b. Investment Company Act file number:** 811-04786

- **c. CIK number of Registrant:** 0000798365

- **d. LEI of Registrant:** 549300CVWGJ8PC4QGT42

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

  - **Street Address 1:** 200 East Randolph Street

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60601

  - **Telephone number:** 800-292-7435

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

- **a. Name of Series:** Ariel Global Fund

- **b. EDGAR series identifier (if any):** S000035292

- **c. LEI of Series:** 5493001CP28B2PM0NI28

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

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

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $54567861.44

**Total Liabilities:** $198860.59

**Net Assets:** $54369000.85

**Cash Not Reported:** $14386.96

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000108547 | -1.28%               | 3.07%                | 3.18%                |
| Class ID C000108548 | -1.27%               | 3.08%                | 3.19%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $183765.20               | $-1462222.50                               |
| Month 2  | $1487326.48              | $367857.16                                 |
| Month 3  | $801414.42               | $851925.35                                 |

**Designated Index Information**

- **Index Name:** Securities Portfolio

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                         | Title                                                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |    Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Informa PLC                                  | Informa PLC ORD GBP0.001                                           | CUSIP: G4770L106<br>LEI: 5493006VM2LKUPSEDU20 | Long             | EC               | CORP              | GB        |     106720 | NS      | $1317010.44   | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| JD.com Inc.                                  | JD.com Inc. USD0.00002 A CLASS                                     | CUSIP: G8208B101<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | KY        |      39450 | NS      | $702115.15    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| BAWAG Group AG                               | BAWAG Group AG NPV                                                 | CUSIP: A0997C107<br>LEI: 529900S9YO2JHTIIDG38 | Long             | EC               | CORP              | AT        |       6393 | NS      | $840638.66    | 1.55%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Tesco PLC                                    | Tesco PLC ORD GBP0.0633333                                         | CUSIP: G8T67X102<br>LEI: 2138002P5RNKC5W2JZ46 | Long             | EC               | CORP              | GB        |     234328 | NS      | $1403983.14   | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Check Point Software Technologies Ltd.       | Check Point Software Technologies Ltd. ORD ILS0.01                 | CUSIP: M22465104<br>LEI: 2549003ZVBH73EPNS513 | Long             | EC               | CORP              | IL        |       5687 | NS      | $1176697.17   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| D.R. Horton, Inc.                            | D.R. Horton, Inc. COM USD0.01                                      | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |       3664 | NS      | $620938.08    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corporation                         | M&T Bank Corporation COM USD0.50                                   | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |       5330 | NS      | $1053314.60   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc.                         | Gilead Sciences Inc. COM USD0.001                                  | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |       5673 | NS      | $629703.00    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc.                                  | Humana Inc. COM USD0.166                                           | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |       2503 | NS      | $651205.51    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corporation                            | Intel Corporation COM USD0.001                                     | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |      29107 | NS      | $976539.85    | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings Inc                   | Zimmer Biomet Holdings Inc COM USD0.01                             | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |       9931 | NS      | $978203.50    | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                              | Microsoft Corp. COM USD0.00000625                                  | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |       5601 | NS      | $2901037.95   | 5.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp.                  | Capital One Financial Corp. COM USD0.01                            | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |       5866 | NS      | $1246994.28   | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Algonquin Power & Utilities Corporation      | Algonquin Power & Utilities Corporation COM NPV                    | CUSIP: 015857105<br>LEI: 549300K5VIUTJXQL7X75 | Long             | EC               | CORP              | CA        |     193661 | NS      | $1039959.57   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Bandai Namco Holdings Inc.                   | Bandai Namco Holdings Inc. NPV                                     | CUSIP: Y0606D102<br>LEI: 3538008EFEM34VRJDQ95 | Long             | EC               | CORP              | JP        |      33300 | NS      | $1108986.71   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Murata Manufacturing Co Ltd.                 | Murata Manufacturing Co Ltd. NPV                                   | CUSIP: J46840104<br>LEI: 529900QZG6DL8ZRI7140 | Long             | EC               | CORP              | JP        |      77000 | NS      | $1465960.04   | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd. | Taiwan Semiconductor Manufacturing Co., Ltd. TWD10                 | CUSIP: Y84629107<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      12000 | NS      | $513813.24    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Boerse AG                           | Deutsche Boerse AG NPV(REGD)                                       | CUSIP: D1882G119<br>LEI: 529900G3SW56SHYNPR95 | Long             | EC               | CORP              | DE        |       1592 | NS      | $426338.92    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                             | Roche Holding AG GENUSSCHEINE NPV                                  | CUSIP: H69293217<br>LEI: 549300U41AUUVOAAOB37 | Long             | EP               | CORP              | CH        |       1520 | NS      | $496260.29    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc.                                  | NetApp Inc. COM USD0.001                                           | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |      10079 | NS      | $1193958.34   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Wizz Air Holdings PLC                        | Wizz Air Holdings PLC ORD GBP0.0001                                | CUSIP: G96871101<br>LEI: 213800COXGZCORLJZA85 | Long             | EC               | CORP              | JE        |      25112 | NS      | $390079.64    | 0.72%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Emaar Properties PJSC                        | Emaar Properties PJSC AED1                                         | CUSIP: M4025S107<br>LEI: 254900YWYEXYXK1BMP81 | Long             | EC               | CORP              | AE        |     253386 | NS      | $900256.54    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Airtac International Group                   | Airtac International Group TWD10                                   | CUSIP: G01408106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      28000 | NS      | $691777.68    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| The Allstate Corporation                     | The Allstate Corporation COM USD0.01                               | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |       1951 | NS      | $418782.15    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc.                  | Verizon Communications Inc. COM USD0.10                            | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |      32419 | NS      | $1424815.05   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corporation                            | FedEx Corporation COM USD0.10                                      | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |       2193 | NS      | $517131.33    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Company                          | Walt Disney Company COM DISNEY USD0.01                             | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      14240 | NS      | $1630480.00   | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                        | Bank of America Corp. COM USD0.01                                  | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |      10985 | NS      | $566716.15    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                              | CVS Health Corp COM USD0.01                                        | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      24452 | NS      | $1843436.28   | 3.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Centerpoint Energy Inc                       | Centerpoint Energy Inc COM STK USD0.01                             | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |      29512 | NS      | $1145065.60   | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Intesa Sanpaolo S.p.A.                       | Intesa Sanpaolo S.p.A. NPV                                         | CUSIP: T55067101<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | EC               | CORP              | IT        |     188033 | NS      | $1239347.56   | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorp                     | Western Alliance Bancorp COM USD0.0001                             | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |       7707 | NS      | $668351.04    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA           | Banco Bilbao Vizcaya Argentaria SA EUR0.49                         | CUSIP: E11805103<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EC               | CORP              | ES        |      41624 | NS      | $798513.93    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Orange SA                                    | Orange SA EUR4                                                     | CUSIP: F6866T100<br>LEI: 969500MCOONR8990S771 | Long             | EC               | CORP              | FR        |      67432 | NS      | $1093317.64   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens AG                                   | Siemens AG NPV(REGD)                                               | CUSIP: D69671218<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |       2919 | NS      | $785480.38    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresenius Medical Care AG                    | Fresenius Medical Care AG NPV                                      | CUSIP: D2734Z107<br>LEI: 549300CP8NY40UP89Q40 | Long             | EC               | CORP              | DE        |      37385 | NS      | $1960210.62   | 3.61%             |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                              | First Solar Inc COM STK USD0.001                                   | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |       9163 | NS      | $2020716.39   | 3.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Aptiv PLC                                    | Aptiv PLC COM SHS                                                  | CUSIP: G3265R107<br>LEI: N/A                  | Long             | EC               | CORP              | JE        |       8760 | NS      | $755287.20    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| China Mengniu Dairy Co Ltd.                  | China Mengniu Dairy Co Ltd. HKD0.1                                 | CUSIP: G21096105<br>LEI: 2549005Q343BSJ8RSS21 | Long             | EC               | CORP              | KY        |     439000 | NS      | $846188.94    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Sega Sammy Holdings Inc.                     | Sega Sammy Holdings Inc. NPV                                       | CUSIP: J7028D104<br>LEI: 5493006B6WMKNQ8QNP51 | Long             | EC               | CORP              | JP        |      54400 | NS      | $1146231.19   | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Negara Indonesia (Persero) Tbk PT       | Bank Negara Indonesia (Persero) Tbk PT LKD SHS(IDR3750 & IDR187.5) | CUSIP: Y74568166<br>LEI: 549300HZ8J3MLVXQ8F85 | Long             | EC               | CORP              | ID        |    2039200 | NS      | $501693.37    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumco Corp.                                  | Sumco Corp. NPV                                                    | CUSIP: J76896109<br>LEI: 353800SUSRUOM0V6KU92 | Long             | EC               | CORP              | JP        |     108100 | NS      | $1152745.04   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgestone Corp.                            | Bridgestone Corp. NPV                                              | CUSIP: J04578126<br>LEI: 549300DHPOF90OYYD780 | Long             | EC               | CORP              | JP        |      17600 | NS      | $814990.03    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Minth Group Ltd.                             | Minth Group Ltd. HKD0.1                                            | CUSIP: G6145U109<br>LEI: 254900B2AH0G13K9G204 | Long             | EC               | CORP              | KY        |     134000 | NS      | $582357.89    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ebara Corp.                                  | Ebara Corp. NPV                                                    | CUSIP: J12600128<br>LEI: 353800UV8U3SOMCDTI49 | Long             | EC               | CORP              | JP        |      37900 | NS      | $866995.98    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Hynix Inc.                                | SK Hynix Inc. KRW5000                                              | CUSIP: Y8085F100<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |       1937 | NS      | $479745.91    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Lasertec Corp.                               | Lasertec Corp. NPV                                                 | CUSIP: J38702106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      10300 | NS      | $1414217.13   | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electro-Mechanics Co Ltd.            | Samsung Electro-Mechanics Co Ltd. KRW5000                          | CUSIP: Y7470U102<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       7400 | NS      | $1020562.35   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Lottomatica Group SpA                        | Lottomatica Group SpA NPV                                          | CUSIP: T64384109<br>LEI: 549300R72LKEGT4EX026 | Long             | EC               | CORP              | IT        |      22238 | NS      | $598407.42    | 1.10%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Syensqo SA                                   | Syensqo SA NPV                                                     | CUSIP: B8T189100<br>LEI: 549300060XNJ90PLNS10 | Long             | EC               | CORP              | BE        |      10339 | NS      | $833915.23    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Funds                 | Northern Institutional Funds TREAS PRT PRMR                        | CUSIP: 665279873<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |     312161 | NS      | $312161.37    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| BT Group PLC                                 | BT Group PLC ORD GBP0.05                                           | CUSIP: G16612106<br>LEI: 213800LRO7NS5CYQMN21 | Long             | EC               | CORP              | GB        |     402329 | NS      | $1034297.88   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays PLC                                 | Barclays PLC ORD GBP0.25                                           | CUSIP: G08036124<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EC               | CORP              | GB        |     103705 | NS      | $529438.96    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Financial Group Inc.                      | KB Financial Group Inc. KRW5000                                    | CUSIP: Y46007103<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |       7043 | NS      | $579784.40    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Publicis Groupe SA                           | Publicis Groupe SA EUR0.40                                         | CUSIP: F7607Z165<br>LEI: 2138004KW8BV57III342 | Long             | EC               | CORP              | FR        |      16310 | NS      | $1564070.50   | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard International Equity Index Funds    | Vanguard International Equity Index Funds TT WRLD ST ETF           | CUSIP: 922042742<br>LEI: 549300UR5XWDVDO7NP96 | Long             | EC               | RF                | US        |        783 | NS      | $107897.40    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK                          | JPMORGAN CHASE BANK                                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |    -351000 | NC      | $-9375.11     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| NORTHERN TRUST COMPANY                       | NORTHERN TRUST COMPANY                                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        | -155767970 | NC      | $588.87       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK                          | JPMORGAN CHASE BANK                                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |  -99064383 | NC      | $3756.13      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK                          | JPMORGAN CHASE BANK                                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |    -133331 | NC      | $-643.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NORTHERN TRUST COMPANY                       | NORTHERN TRUST COMPANY                                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |    -369510 | NC      | $1067.17      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NORTHERN TRUST COMPANY                       | NORTHERN TRUST COMPANY                                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |    -306959 | NC      | $2086.49      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK                          | JPMORGAN CHASE BANK                                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |     -57788 | NC      | $392.79       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK                          | JPMORGAN CHASE BANK                                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |   -1109140 | NC      | $2809.43      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK                          | JPMORGAN CHASE BANK                                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |   -8128396 | NC      | $-69800.74    | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| NORTHERN TRUST COMPANY                       | NORTHERN TRUST COMPANY                                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |    -578045 | NC      | $-5008.62     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK                          | JPMORGAN CHASE BANK                                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |    -342747 | NC      | $-2061.66     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK                          | JPMORGAN CHASE BANK                                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        | -163354587 | NC      | $5316.08      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** Ariel Investment Trust

**Signature:** Adam J. Nelson

**Name of Signer:** Adam J. Nelson

**Title:** Treasurer