# EDGAR Filing Document

**Accession Number:** 0000081443
**File Stem:** 0001410368-26-018321
**Filing Date:** 2026-2
**Character Count:** 250670
**Document Hash:** 60ced1dd6954c1f6c2f70990f88ccd05
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-018321.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0001410368-26-018321

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AB CAP FUND, INC.
- **CENTRAL INDEX KEY:** 0000081443

**ORGANIZATION NAME:**
- **EIN:** 132625045
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01716
- **FILM NUMBER:** 26682796

**BUSINESS ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001
- **BUSINESS PHONE:** 2129691000

**MAIL ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCEBERNSTEIN CAP FUND, INC.
- **DATE OF NAME CHANGE:** 20110524

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCEBERNSTEIN CAP FUND,INC
- **DATE OF NAME CHANGE:** 20040908

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCEBERNSTEIN SMALL CAP GROWTH FUND INC
- **DATE OF NAME CHANGE:** 19931001

## Series and Classes Contracts Data

### AB Emerging Markets Multi-Asset Portfolio (Series ID: S000033729)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000103967 | Class A       | ABAEX           |
| C000103968 | Class C       | ABCEX           |
| C000103969 | Advisor Class | ABYEX           |
| C000103972 | Class I       | ABIEX           |

## Nport-Ex

**AB Emerging Markets Multi-Asset Portfolio** 

**Portfolio of Investments** 

**December 31, 2025 (unaudited)** 

---

| | | |
|:---|:---|:---|
| **Company** | **Shares** | **U.S. $ Value** |
|  **COMMON STOCKS – 66.6%** |  |  |
|  **Information Technology – 18.0%** |  |  |
|  **Communications Equipment – 0.3%** |  |  |
|  Accton Technology Corp. | 13000 | $490581 |
|  **Electronic Equipment, Instruments & Components – 1.9%** |  |  |
|  Chroma ATE, Inc. | 3000 | 74201 |
|  Delta Electronics, Inc. | 81200 | 2476922 |
|  Hon Hai Precision Industry Co., Ltd. | 12000 | 87964 |
|  Tripod Technology Corp. | 19000 | 191736 |
|  Yageo Corp. | 5000 | 36650 |
|  |  | 2867473 |
|  **IT Services – 0.5%** |  |  |
|  HCL Technologies Ltd. | 21142 | 381355 |
|  Infosys Ltd. | 16707 | 300874 |
|  |  | 682229 |
|  **Semiconductors & Semiconductor Equipment – 9.9%** |  |  |
|  ASE Technology Holding Co., Ltd. | 28000 | 220778 |
|  MediaTek, Inc. | 3000 | 136216 |
|  Novatek Microelectronics Corp. | 7000 | 83227 |
|  Realtek Semiconductor Corp. | 34100 | 529459 |
|  SK hynix, Inc. | 5548 | 2512568 |
|  SK hynix, Inc. (GDR)<sup>(a)</sup> | 740 | 334928 |
|  Taiwan Semiconductor Manufacturing Co., Ltd. | 223750 | 10998943 |
|  United Microelectronics Corp. | 62000 | 96818 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14912937 |
|  **Technology Hardware, Storage & Peripherals – 5.4%** |  |  |
|  Asustek Computer, Inc. | 66100 | 1148998 |
|  Lenovo Group Ltd. - Class H | 64000 | 76108 |
|  Lite-On Technology Corp. | 6000 | 31214 |
|  Samsung Electronics Co., Ltd. | 77395 | 6486854 |
|  Samsung Electronics Co., Ltd. (Preference Shares) | 2978 | 184847 |
|  Wiwynn Corp. | 1000 | 142467 |
|  |  | 8070488 |
|  |  | 27023708 |
|  **Financials – 16.1%** |  |  |
|  **Banks – 10.7%** |  |  |
|  Absa Group Ltd. | 7245 | 104711 |
|  Abu Dhabi Islamic Bank PJSC | 86106 | 486298 |
|  Agricultural Bank of China Ltd. - Class H | 122000 | 90759 |
|  Alior Bank SA | 2718 | 83426 |
|  Banco Bilbao Vizcaya Argentaria SA | 8278 | 194179 |
|  Bank of Baroda | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273081 | 901479 |
|  Bank of Jiangsu Co., Ltd. - Class A | 60800 | 90645 |
|  Bank of Shanghai Co., Ltd. - Class A | 50400 | 72972 |
|  Bank Polska Kasa Opieki SA | 38919 | 2207550 |
|  Bank Rakyat Indonesia Persero Tbk PT | 343900 | 75316 |
|  Canara Bank | 752583 | 1297934 |
|  China CITIC Bank Corp., Ltd. - Class H | 117000 | 104406 |
|  China Construction Bank Corp. - Class H | 351000 | 347424 |
|  Commercial International Bank - Egypt (CIB) | 41278 | 89133 |
|  CTBC Financial Holding Co., Ltd. | 67000 | 107052 |
|  Dubai Islamic Bank PJSC | 35733 | 90167 |
|  Emirates NBD Bank PJSC | 167391 | 1269305 |
|  Grupo Financiero Banorte SAB de CV | 224080 | 2076108 |
|  HDFC Bank Ltd. | 4347 | 48021 |
|  ICICI Bank Ltd. | 173649 | 2598932 |
|  Indian Bank | 10329 | 96207 |
|  Itau Unibanco Holding SA (Preference Shares) | 319887 | 2286191 |
|  Komercni Banka AS | 430 | 24243 |
|  Metropolitan Bank & Trust Co. | 23550 | 27420 |
|  Moneta Money Bank AS<sup>(a)</sup> | 10101 | 94927 |
|  NU Holdings Ltd./Cayman Islands - Class A<sup>(b)</sup> | 4234 | 70877 |
|  Piraeus Bank SA<sup>(b)</sup> | 94168 | 751866 |
|  Sberbank of Russia PJSC<sup>(b) (c) (d) (e)</sup> | 138696 | 0 |

---

------

---

| | | |
|:---|:---|:---|
| **Company** | **Shares** | **U.S. $ Value** |
|  SCB X PCL | 22200 | $97946 |
|  SinoPac Financial Holdings Co., Ltd. | 236 | 215 |
|  Standard Chartered PLC | 1502 | 36649 |
|  State Bank of India | 20893 | 228737 |
|  Turkiye Garanti Bankasi AS | 13446 | 44835 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16095930 |
|  **Capital Markets – 2.5%** |  |  |
|  Banco BTG Pactual SA | 97900 | 937869 |
|  HDFC Asset Management Co., Ltd.<sup>(a)</sup> | 75563 | 2249980 |
|  Korea Investment Holdings Co., Ltd. | 834 | 93904 |
|  NH Investment & Securities Co., Ltd. | 6563 | 96119 |
|  Samsung Securities Co., Ltd. | 3340 | 174861 |
|  SooChow Securities Co., Ltd. - Class A | 73300 | 95246 |
|  XP, Inc. - Class A | 4658 | 76252 |
|  |  | 3724231 |
|  **Consumer Finance – 0.2%** |  |  |
|  Muthoot Finance Ltd. | 4705 | 199457 |
|  Shriram Finance Ltd. | 10011 | 111165 |
|  |  | 310622 |
|  **Financial Services – 0.1%** |  |  |
|  Far East Horizon Ltd. - Class H | 90000 | 92989 |
|  Power Finance Corp., Ltd. | 23548 | 93146 |
|  |  | 186135 |
|  **Insurance – 2.6%** |  |  |
|  BB Seguridade Participacoes SA | 14000 | 92479 |
|  Caixa Seguridade Participacoes S/A | 30400 | 92099 |
|  China Pacific Insurance Group Co., Ltd. - Class A | 11100 | 66736 |
|  China Pacific Insurance Group Co., Ltd. - Class H | 22600 | 102491 |
|  New China Life Insurance Co., Ltd. - Class A | 20300 | 202900 |
|  New China Life Insurance Co., Ltd. - Class H | 92800 | 650229 |
|  Old Mutual Ltd. | 73831 | 66430 |
|  People's Insurance Co. Group of China Ltd. (The) - Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;589000 | 511662 |
|  PICC Property & Casualty Co., Ltd. - Class H | 850000 | 1787047 |
|  Ping An Insurance Group Co. of China Ltd. - Class H | 25500 | 214193 |
|  Powszechny Zaklad Ubezpieczen SA | 5294 | 97989 |
|  |  | 3884255 |
|  |  | 24201173 |
|  **Communication Services – 8.7%** |  |  |
|  **Diversified Telecommunication Services – 0.5%** |  |  |
|  Emirates Integrated Telecommunications Co. PJSC | 4343 | 11588 |
|  KT Corp. (Sponsored ADR) | 31880 | 604764 |
|  LG Uplus Corp. | 8812 | 90044 |
|  |  | 706396 |
|  **Entertainment – 1.7%** |  |  |
|  37 Interactive Entertainment Network Technology |  |  |
|  Group Co., Ltd. - Class A | 31600 | 106950 |
|  International Games System Co., Ltd. | 3000 | 68831 |
|  NetEase, Inc. - Class H | 87100 | 2397445 |
|  |  | 2573226 |
|  **Interactive Media & Services – 5.0%** |  |  |
|  NAVER Corp. | 4045 | 679971 |
|  Tencent Holdings Ltd. - Class H | 88800 | 6814826 |
|  |  | 7494797 |
|  **Media – 0.1%** |  |  |
|  Cheil Worldwide, Inc. | 5929 | 86357 |
|  **Wireless Telecommunication Services – 1.4%** |  |  |
|  Advanced Info Service PCL | 1400 | 13909 |
|  Etihad Etisalat Co. | 10133 | 178040 |
|  Maxis Bhd | 85000 | 79332 |
|  Mobile Telecommunications Co. KSCP | 54377 | 91688 |
|  SK Telecom Co., Ltd. | 2469 | 91670 |
|  TIM SA/Brazil | 446700 | 1733628 |
|  |  | 2188267 |
|  |  | 13049043 |

---

------

---

| | | |
|:---|:---|:---|
| **Company** | **Shares** | **U.S. $ Value** |
|  **Consumer Discretionary – 5.9%** |  |  |
|  **Automobile Components – 0.4%** |  |  |
|  Huayu Automotive Systems Co., Ltd. - Class A | 207700 | $595421 |
|  **Automobiles – 1.9%** |  |  |
|  Bajaj Auto Ltd. | 912 | 94863 |
|  Eicher Motors Ltd. | 1183 | 96319 |
|  Ford Otomotiv Sanayi AS | 43280 | 93313 |
|  Hero MotoCorp Ltd. | 13497 | 866003 |
|  Kia Corp. | 18601 | 1576872 |
|  TVS Motor Co., Ltd. | 2302 | 95396 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2822766 |
|  **Broadline Retail – 0.9%** |  |  |
|  Alibaba Group Holding Ltd. - Class H | 67300 | 1235693 |
|  PDD Holdings, Inc. (ADR)<sup>(b)</sup> | 801 | 90825 |
|  |  | 1326518 |
|  **Hotels, Restaurants & Leisure – 0.7%** |  |  |
|  OPAP SA | 50354 | 1130262 |
|  **Household Durables – 1.0%** |  |  |
|  Hisense Visual Technology Co., Ltd. - Class A | 97400 | 339210 |
|  Midea Group Co., Ltd. - Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106800 | 1196259 |
|  |  | 1535469 |
|  **Specialty Retail – 0.7%** |  |  |
|  Abu Dhabi National Oil Co. for Distribution PJSC | 21822 | 23172 |
|  Chow Tai Fook Jewellery Group Ltd. - Class H | 43600 | 69658 |
|  MR DIY Group M Bhd<sup>(a)</sup> | 28000 | 10542 |
|  Petronas Dagangan Bhd | 8200 | 40310 |
|  Pop Mart International Group Ltd. - Class H<sup>(a)</sup> | 35200 | 849261 |
|  |  | 992943 |
|  **Textiles, Apparel & Luxury Goods – 0.3%** |  |  |
|  Bosideng International Holdings Ltd. - Class H | 610000 | 350004 |
|  Yue Yuen Industrial Holdings Ltd. - Class H | 37000 | 75868 |
|  |  | 425872 |
|  |  | 8829251 |
|  **Industrials – 4.9%** |  |  |
|  **Aerospace & Defense – 0.1%** |  |  |
|  Hanwha Aerospace Co., Ltd. | 76 | 49632 |
|  Hindustan Aeronautics Ltd.<sup>(a)</sup> | 1667 | 81481 |
|  |  | 131113 |
|  **Construction & Engineering – 0.1%** |  |  |
|  United Integrated Services Co., Ltd. | 3000 | 90880 |
|  **Electrical Equipment – 0.8%** |  |  |
|  Contemporary Amperex Technology Co., Ltd. - Class A | 9400 | 495151 |
|  HD Hyundai Electric Co., Ltd. | 167 | 89687 |
|  Polycab India Ltd. | 522 | 44170 |
|  Sungrow Power Supply Co., Ltd. - Class A | 22800 | 559041 |
|  Zhejiang Chint Electrics Co., Ltd. - Class A | 17300 | 69138 |
|  |  | 1257187 |
|  **Ground Transportation – 0.0%** |  |  |
|  Vamos Locacao de Caminhoes Maquinas e Equipamentos SA | 117100 | 68605 |
|  **Industrial Conglomerates – 0.1%** |  |  |
|  Astra International Tbk PT | 228100 | 91549 |
|  Jardine Matheson Holdings Ltd. | 115 | 7848 |
|  Sime Darby Bhd | 189300 | 100218 |
|  |  | 199615 |

---

------

---

| | | |
|:---|:---|:---|
| **Company** | **Shares** | **U.S. $ Value** |
|  **Machinery – 1.9%** |  |  |
|  Ashok Leyland Ltd. | 40837 | $81406 |
|  Cummins India Ltd. | 1860 | 91643 |
|  HD Korea Shipbuilding & Offshore Engineering Co., Ltd. | 3337 | 941607 |
|  Weichai Power Co., Ltd. - Class A | 13600 | 33529 |
|  Yutong Bus Co., Ltd. - Class A | 362099 | 1697388 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2845573 |
|  **Marine Transportation – 0.3%** |  |  |
|  COSCO SHIPPING Holdings Co., Ltd. - Class A | 44600 | 97032 |
|  COSCO SHIPPING Holdings Co., Ltd. - Class H | 51500 | 90925 |
|  Evergreen Marine Corp. Taiwan Ltd. | 15000 | 90487 |
|  Orient Overseas International Ltd. - Class H | 5000 | 80620 |
|  Yang Ming Marine Transport Corp. | 54000 | 95483 |
|  |  | 454547 |
|  **Passenger Airlines – 1.5%** |  |  |
|  Eva Airways Corp. | 24000 | 27908 |
|  Latam Airlines Group SA (ADR)<sup>(b)</sup> | 39923 | 2156241 |
|  |  | 2184149 |
|  **Professional Services – 0.0%** |  |  |
|  HeadHunter Group PLC (ADR)<sup>(b) (c) (d)</sup> | 18930 | 0 |
|  **Transportation Infrastructure – 0.1%** |  |  |
|  Grupo Aeroportuario del Sureste SAB de CV | 1945 | 62746 |
|  International Container Terminal Services, Inc. | 13340 | 128014 |
|  |  | 190760 |
|  |  | 7422429 |
|  **Materials – 4.8%** |  |  |
|  **Chemicals – 1.0%** |  |  |
|  Fufeng Group Ltd. - Class H | 38000 | 38570 |
|  Gujarat Narmada Valley Fertilizers & Chemicals Ltd. | 16467 | 90366 |
|  PhosAgro PJSC (GDR REG S)<sup>(b) (c) (d) (f)</sup> | 4393 | 0 |
|  PhosAgro PJSC (GDR)<sup>(b) (c) (d) (f)</sup> | 28 | 0 |
|  SABIC Agri-Nutrients Co. | 2981 | 87895 |
|  Yunnan Yuntianhua Co., Ltd. - Class A | 272500 | 1304940 |
|  |  | 1521771 |
|  **Construction Materials – 0.0%** |  |  |
|  Beijing Oriental Yuhong Waterproof Technology Co., Ltd. - Class A | 51200 | 99812 |
|  **Metals & Mining – 3.8%** |  |  |
|  Aluminum Corp. of China Ltd. - Class A | 34200 | 59784 |
|  China Hongqiao Group Ltd. - Class H<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449000 | 1885676 |
|  CMOC Group Ltd. - Class A | 36500 | 104670 |
|  CMOC Group Ltd. - Class H | 15000 | 37268 |
|  Gold Fields Ltd. | 1138 | 49620 |
|  Gold Fields Ltd. (Sponsored ADR) | 13630 | 595086 |
|  Harmony Gold Mining Co., Ltd. | 4370 | 87671 |
|  Henan Shenhuo Coal Industry & Electricity Power Co., Ltd. - Class A | 25300 | 99527 |
|  Hindustan Zinc Ltd. | 16690 | 113785 |
|  Jiangxi Copper Co., Ltd. - Class A | 10000 | 78692 |
|  Kumba Iron Ore Ltd. | 4651 | 98714 |
|  MMC Norilsk Nickel PJSC (ADR)<sup>(b) (c) (d)</sup> | 3568 | 0 |
|  NMDC Ltd. | 107697 | 99696 |
|  Polyus PJSC (GDR)<sup>(b) (c) (d) (e)</sup> | 284 | 0 |
|  Saudi Arabian Mining Co.<sup>(b)</sup> | 5169 | 83962 |
|  Shandong Nanshan Aluminum Co., Ltd. - Class A | 266700 | 205591 |
|  Vedanta Ltd. | 15653 | 105319 |
|  Western Mining Co., Ltd. - Class A | 25800 | 102272 |
|  Zijin Mining Group Co., Ltd. - Class A | 151700 | 748039 |
|  Zijin Mining Group Co., Ltd. - Class H | 246000 | 1126295 |
|  |  | 5681667 |
|  |  | 7303250 |

---

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---

| | | |
|:---|:---|:---|
| **Company** | **Shares** | **U.S. $ Value** |
|  **Energy – 4.3%** |  |  |
|  **Oil, Gas & Consumable Fuels – 4.3%** |  |  |
|  Alamtri Resources Indonesia Tbk PT | 841700 | $91214 |
|  Bharat Petroleum Corp., Ltd. | 315331 | 1348899 |
|  Coal India Ltd. | 8066 | 35830 |
|  Ecopetrol SA | 182781 | 90430 |
|  Gazprom PJSC<sup>(b) (c) (d) (e)</sup> | 153780 | 0 |
|  Guanghui Energy Co., Ltd. - Class A | 25900 | 18254 |
|  HD Hyundai Co., Ltd. | 629 | 82330 |
|  Hindustan Petroleum Corp., Ltd. | 18507 | 102873 |
|  LUKOIL PJSC<sup>(b) (c) (d) (e)</sup> | 18789 | 0 |
|  ORLEN SA | 79599 | 2125034 |
|  PetroChina Co., Ltd. - Class H | 2066000 | 2226940 |
|  Petroleo Brasileiro SA - Petrobras | 4900 | 29091 |
|  Petroleo Brasileiro SA - Petrobras (Preference Shares) | 17700 | 99358 |
|  PTT Exploration & Production PCL | 1600 | 5739 |
|  Turkiye Petrol Rafinerileri AS | 19967 | 85656 |
|  United Tractors Tbk PT | 34900 | 61704 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6403352 |
|  **Real Estate – 2.1%** |  |  |
|  **Real Estate Management & Development – 2.1%** |  |  |
|  Aldar Properties PJSC | 58058 | 137408 |
|  Emaar Development PJSC | 272873 | 1125194 |
|  Emaar Properties PJSC | 505407 | 1928908 |
|  |  | 3191510 |
|  **Health Care – 1.2%** |  |  |
|  **Health Care Providers & Services – 0.0%** |  |  |
|  Sinopharm Group Co., Ltd. - Class H | 9200 | 23005 |
|  **Pharmaceuticals – 1.2%** |  |  |
|  Lupin Ltd. | 3962 | 92998 |
|  Sino Biopharmaceutical Ltd. - Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2170000 | 1726534 |
|  |  | 1819532 |
|  |  | 1842537 |
|  **Consumer Staples – 0.4%** |  |  |
|  **Food & Staples Retailing – 0.0%** |  |  |
|  Magnit PJSC<sup>(b) (c) (d) (e)</sup> | 1178 | 0 |
|  **Food Products – 0.4%** |  |  |
|  AVI Ltd. | 78082 | 497443 |
|  MBRF Global Foods Co. SA | 25100 | 91518 |
|  Nestle Malaysia Bhd | 1500 | 42139 |
|  Uni-President China Holdings Ltd. - Class H | 8000 | 8357 |
|  |  | 639457 |
|  |  | 639457 |
|  **Utilities – 0.2%** |  |  |
|  **Electric Utilities – 0.2%** |  |  |
|  CEZ AS | 883 | 55574 |
|  Korea Electric Power Corp. | 2683 | 88055 |
|  Manila Electric Co. | 9510 | 92784 |
|  |  | 236413 |
|  **Independent Power and Renewable Electricity Producers – 0.0%** |  |  |
|  Huaneng Power International, Inc. - Class H | 114000 | 84013 |
|  |  | 320426 |
|  Total Common Stocks<br>(cost $73,515,654) |  | 100226136 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **FIXED INCOME – 23.2%** |  |  |  |
|  **Sovereign Bonds – 14.2%** |  |  |  |
|  Angolan Government International Bond<br>8.00%, 11/26/2029<sup>(a)</sup> | U.S.$| 740 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;722809 |
|  Argentine Republic Government International Bond<br>0.75%, 07/09/2030<sup>(g)</sup> |  | 385 | 328006 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 07/09/2029 |  | 142 | 126234 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 07/09/2035<sup>(g)</sup> |  | 523 | 389112 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/09/2038<sup>(g)</sup> |  | 654 | 507934 |
|  Brazilian Government International Bond<br>5.50%, 02/04/2033 |  | 200 | 197150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 05/13/2054 |  | 400 | 396700 |
|  CBB International Sukuk Programme Co. WLL<br>5.87%, 02/06/2034<sup>(a)</sup> |  | 242 | 240887 |
|  Chile Electricity Lux MPC II SARL<br>5.58%, 10/20/2035<sup>(a)</sup> |  | 196 | 201245 |
|  Colombia Government International Bond<br>5.625%, 02/19/2036 | EUR | 151 | 166586 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 11/26/2038 |  | 112 | 127345 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 04/20/2033 | U.S.$| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | 215000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 11/14/2035 |  | 444 | 472971 |
|  Costa Rica Government International Bond<br>7.16%, 03/12/2045<sup>(a)</sup> |  | 200 | 221626 |
|  Dominican Republic International Bond<br>4.875%, 09/23/2032<sup>(a)</sup> |  | 150 | 144358 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 01/25/2027<sup>(a)</sup> |  | 355 | 358550 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 02/22/2033<sup>(a)</sup> |  | 219 | 224300 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 03/15/2037<sup>(a)</sup> |  | 560 | 602280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 04/20/2027<sup>(a)</sup> |  | 133 | 137667 |
|  Eagle Funding Luxco SARL<br>5.50%, 08/17/2030<sup>(a)</sup> |  | 374 | 380358 |
|  Ecuador Government International Bond<br>6.90%, 07/31/2030<sup>(a) (g)</sup> |  | 309 | 305555 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.90%, 07/31/2035<sup>(a) (g)</sup> |  | 526 | 463446 |
|  Egypt Government International Bond<br>7.05%, 01/15/2032<sup>(a)</sup> |  | 200 | 208126 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.30%, 09/30/2033<sup>(a)</sup> |  | 353 | 362594 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.60%, 03/01/2029<sup>(a) (g)</sup> |  | 600 | 638370 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.50%, 01/31/2047<sup>(a)</sup> |  | 224 | 219548 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 02/04/2030<sup>(a)</sup> |  | 260 | 288310 |
|  El Salvador Government International Bond<br>8.625%, 02/28/2029<sup>(a)</sup> |  | 506 | 538278 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.65%, 11/21/2054<sup>(a)</sup> |  | 200 | 229000 |
|  Ghana Government International Bond<br>Zero Coupon, 07/03/2026<sup>(a)</sup> |  | 11 | 10833 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 01/03/2030<sup>(a)</sup> |  | 71 | 62696 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/03/2029<sup>(a) (g)</sup> |  | 167 | 164074 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/03/2035<sup>(a) (g)</sup> |  | 341 | 311573 |
|  Guatemala Government Bond<br>6.05%, 08/06/2031<sup>(a)</sup> |  | 200 | 208652 |
|  Hazine Mustesarligi Varlik Kiralama AS<br>6.75%, 09/01/2030<sup>(a)</sup> |  | 210 | 219809 |
|  Hungary Government International Bond<br>5.50%, 03/26/2036<sup>(a)</sup> |  | 310 | 309746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 09/25/2052<sup>(a)</sup> |  | 200 | 212000 |
|  Israel Government International Bond<br>Series 5Y<br>5.375%, 02/19/2030 |  | 250 | 258153 |
|  Ivory Coast Government International Bond<br>5.75%, 12/31/2032<sup>(a) (g)</sup> |  | 93 | 93912 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 01/30/2033<sup>(a)</sup> |  | 271 | 293103 |
|  Jamaica Government International Bond<br>8.00%, 03/15/2039 |  | 208 | 250640 |
|  Jordan Government International Bond<br>7.75%, 01/15/2028<sup>(a)</sup> |  | 330 | 343408 |
|  Kazakhstan Government International Bond<br>4.41%, 10/28/2030<sup>(a)</sup> |  | 295 | 293159 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Lebanon Government International Bond<br>Series 10Y<br>6.00%, 01/27/2023<sup>(a) (b) (h)</sup> | U.S.$| 36 | $8280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.85%, 03/23/2027<sup>(a) (b) (i)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110630 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series E<br>6.10%, 10/04/2022<sup>(a) (b) (h)</sup> |  | 216 | 49680 |
|  Mexico Government International Bond<br>5.625%, 09/22/2035 |  | 285 | 281509 |
|  Nigeria Government International Bond<br>6.125%, 09/28/2028<sup>(a)</sup> |  | 407 | 408722 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 11/28/2047<sup>(a)</sup> |  | 200 | 188646 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 03/24/2029<sup>(a)</sup> |  | 565 | 601781 |
|  Oman Government International Bond<br>7.375%, 10/28/2032<sup>(a)</sup> |  | 200 | 229190 |
|  Pakistan Government International Bond<br>8.875%, 04/08/2051<sup>(a)</sup> |  | 200 | 196356 |
|  Panama Government International Bond<br>3.87%, 07/23/2060 |  | 370 | 244385 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/01/2056 |  | 252 | 188748 |
|  Paraguay Government International Bond<br>5.40%, 03/30/2050<sup>(a)</sup> |  | 249 | 233033 |
|  Republic of Kenya Government International Bond<br>8.80%, 10/09/2038<sup>(a)</sup> |  | 200 | 202199 |
|  Republic of South Africa Government International Bond<br>Series 30Y<br>5.65%, 09/27/2047 |  | 568 | 480122 |
|  Republic of Uzbekistan International Bond<br>6.95%, 05/25/2032<sup>(a)</sup> |  | 448 | 482021 |
|  Romanian Government International Bond<br>3.00%, 02/14/2031<sup>(a)</sup> |  | 94 | 85384 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 03/27/2032<sup>(a)</sup> |  | 238 | 217399 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/14/2051<sup>(a)</sup> |  | 210 | 143350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 06/15/2048<sup>(a)</sup> |  | 186 | 153833 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 09/16/2030<sup>(a)</sup> |  | 208 | 214257 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 03/24/2035<sup>(a)</sup> |  | 134 | 132352 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 01/30/2029<sup>(a)</sup> |  | 160 | 164963 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 02/10/2037<sup>(a)</sup> |  | 280 | 309157 |
|  Saudi Government International Bond<br>3.45%, 02/02/2061<sup>(a)</sup> |  | 262 | 166927 |
|  Senegal Government International Bond<br>Series 7Y<br>7.75%, 06/10/2031<sup>(a)</sup> |  | 482 | 284982 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 03/13/2048<sup>(a)</sup> |  | 200 | 106500 |
|  Sri Lanka Government International Bond<br>3.35%, 03/15/2033<sup>(a) (g)</sup> |  | 377 | 323186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 05/15/2036<sup>(a) (g)</sup> |  | 55 | 49876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 02/15/2038<sup>(a) (g)</sup> |  | 110 | 99933 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/15/2028<sup>(a)</sup> |  | 147 | 140874 |
|  Suriname Government International Bond<br>7.70%, 11/06/2030<sup>(a)</sup> |  | 325 | 335806 |
|  Trinidad & Tobago Government International Bond<br>4.50%, 08/04/2026<sup>(a)</sup> |  | 200 | 198200 |
|  Turkiye Government International Bond<br>Series 10Y<br>5.875%, 06/26/2031 |  | 328 | 328480 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 31Y<br>6.625%, 02/17/2045 |  | 200 | 186200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 09/16/2035 |  | 200 | 206000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 05/29/2032 |  | 200 | 212890 |
|  Ukraine Government International Bond<br>Zero Coupon, 02/01/2035<sup>(a) (g)</sup> |  | 151 | 85231 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/01/2029<sup>(a) (g)</sup> |  | 110 | 82534 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/01/2034<sup>(a) (g)</sup> |  | 209 | 126691 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/01/2035<sup>(a) (g)</sup> |  | 182 | 108133 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/01/2036<sup>(a) (g)</sup> |  | 213 | 124834 |
|  Venezuela Government International Bond<br>11.95%, 08/05/2031<sup>(a) (b) (i)</sup> |  | 265 | 84111 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12.75%, 08/23/2022<sup>(a) (b) (h)</sup> |  | 254 | 80677 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Zambia Government International Bond<br>0.50%, 12/31/2053<sup>(a)</sup> | U.S.$| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132 | $93616 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 06/30/2033<sup>(a) (g)</sup> |  | 153 | 150607 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21348388 |
|  **Quasi-Sovereign Bonds – 4.0%** |  |  |  |
|  Abu Dhabi Crude Oil Pipeline LLC<br>4.60%, 11/02/2047<sup>(a)</sup> |  | 200 | 185866 |
|  Banco Nacional de Panama<br>2.50%, 08/11/2030<sup>(a)</sup> |  | 200 | 176828 |
|  Bank Gospodarstwa Krajowego<br>5.375%, 05/22/2033<sup>(a)</sup> |  | 200 | 206042 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 07/09/2054<sup>(a)</sup> |  | 230 | 237652 |
|  Bapco Energies BSC Closed<br>7.50%, 10/25/2027<sup>(a)</sup> |  | 259 | 267790 |
|  Caixa Economica Federal<br>5.625%, 05/13/2030<sup>(a)</sup> |  | 200 | 202678 |
|  Comision Federal de Electricidad<br>Series E<br>5.00%, 09/29/2036<sup>(f)</sup> |  | 187 | 172893 |
|  Corp. Nacional del Cobre de Chile<br>3.70%, 01/30/2050<sup>(a)</sup> |  | 200 | 142010 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 01/08/2034<sup>(a)</sup> |  | 518 | 540782 |
|  Empresa Nacional del Petroleo<br>4.50%, 09/14/2047<sup>(a)</sup> |  | 300 | 252231 |
|  Pertamina Persero PT<br>2.30%, 02/09/2031<sup>(a)</sup> |  | 200 | 177625 |
|  Petroleos de Venezuela SA<br>5.375%, 04/12/2027<sup>(a) (b) (i)</sup> |  | 706 | 163024 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00%, 11/17/2021<sup>(a) (b) (h)</sup> |  | 128 | 32934 |
|  Petroleos Mexicanos<br>5.50%, 06/27/2044 |  | 271 | 204521 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 01/23/2046 |  | 297 | 222156 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 02/12/2048 |  | 462 | 362624 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 01/23/2045 |  | 300 | 240876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 01/23/2029 |  | 337 | 342897 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.69%, 01/23/2050 |  | 75 | 67226 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.75%, 06/02/2029 |  | 175 | 187619 |
|  Petronas Capital Ltd.<br>3.40%, 04/28/2061<sup>(a)</sup> |  | 322 | 218648 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.34%, 04/03/2035<sup>(a)</sup> |  | 310 | 322533 |
|  TC Ziraat Bankasi AS<br>8.00%, 01/16/2029<sup>(a)</sup> |  | 200 | 211936 |
|  Transnet/South Africa<br>8.25%, 02/06/2028<sup>(a)</sup> |  | 204 | 215539 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.25%, 02/06/2028<sup>(a)</sup> |  | 200 | 211313 |
|  Turkiye Ihracat Kredi Bankasi AS<br>6.875%, 07/03/2028<sup>(a)</sup> |  | 200 | 206500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00%, 01/28/2027<sup>(a)</sup> |  | 200 | 210062 |
|  |  |  | 5982805 |
|  **Corporate Bonds – 3.4%** |  |  |  |
|  Adani Ports & Special Economic Zone Ltd.<br>3.10%, 02/02/2031<sup>(a)</sup> |  | 200 | 177400 |
|  Aegea Finance SARL<br>7.625%, 01/20/2036<sup>(a)</sup> |  | 200 | 190919 |
|  AES Panama Generation Holdings SRL<br>4.375%, 05/31/2030<sup>(a)</sup> |  | 187 | 174417 |
|  Akbank TAS<br>7.50%, 01/20/2030<sup>(a)</sup> |  | 200 | 211000 |
|  Bank Leumi Le-Israel BM<br>7.13%, 07/18/2033<sup>(a)</sup> |  | 200 | 208789 |
|  Braskem Netherlands Finance BV<br>4.50%, 01/10/2028<sup>(a)</sup> |  | 400 | 165108 |
|  Champion MTN Ltd.<br>Series E<br>2.95%, 06/15/2030<sup>(a)</sup> |  | 200 | 173018 |
|  Credicorp Capital Sociedad Titulizadora SA<br>10.10%, 12/15/2043<sup>(a)</sup> | PEN | 500 | 159918 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Ecopetrol SA<br>5.875%, 05/28/2045 | U.S.$| 120 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89114 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 01/19/2036 |  | 79 | 81022 |
|  Empresa Distribuidora Y Comercializadora Norte<br>9.75%, 10/24/2030<sup>(a)</sup> |  | 55 | 53798 |
|  Empresas Publicas de Medellin ESP<br>8.375%, 11/08/2027<sup>(a)</sup> | COP | 418000 | 102596 |
|  Greenko Dutch BV<br>3.85%, 03/29/2026<sup>(a)</sup> | U.S.$| 346 | 342973 |
|  Grupo Televisa SAB<br>6.625%, 01/15/2040 |  | 20 | 17424 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.50%, 03/11/2032 |  | 5 | 5291 |
|  Leviathan Bond Ltd.<br>6.75%, 06/30/2030<sup>(a)</sup> |  | 42 | 43107 |
|  Lima Metro Line 2 Finance Ltd.<br>4.35%, 04/05/2036<sup>(a)</sup> |  | 265 | 256341 |
|  Limak Yenilenebilir Enerji AS<br>9.625%, 08/12/2030<sup>(a)</sup> |  | 200 | 196126 |
|  Medco Cypress Tree Pte. Ltd.<br>8.625%, 05/19/2030<sup>(a)</sup> |  | 250 | 263750 |
|  Muthoot Finance Ltd.<br>6.375%, 03/02/2030<sup>(a)</sup> |  | 200 | 203313 |
|  Navoi Mining & Metallurgical Combinat<br>6.70%, 10/17/2028<sup>(a)</sup> |  | 200 | 206944 |
|  OCP SA<br>7.50%, 05/02/2054<sup>(a)</sup> |  | 200 | 220996 |
|  Orbia Advance Corp. SAB de CV<br>7.50%, 05/13/2035<sup>(a)</sup> |  | 200 | 194022 |
|  Port Of Spain Waterfront Development<br>7.875%, 02/19/2040<sup>(a)</sup> |  | 193 | 192388 |
|  Prosus NV<br>4.99%, 01/19/2052<sup>(a)</sup> |  | 200 | 159188 |
|  Raizen Fuels Finance SA<br>6.25%, 07/08/2032<sup>(a)</sup> |  | 200 | 168045 |
|  Sociedad Quimica y Minera de Chile SA<br>5.50%, 09/10/2034<sup>(a)</sup> |  | 200 | 202106 |
|  Stillwater Mining Co.<br>4.00%, 11/16/2026<sup>(a)</sup> |  | 200 | 198250 |
|  Transportadora de Gas del Sur SA<br>7.75%, 11/20/2035<sup>(a)</sup> |  | 41 | 40451 |
|  Uzauto Motors AJ<br>7.375%, 11/19/2030<sup>(a)</sup> |  | 200 | 200158 |
|  Vale Overseas Ltd.<br>6.00%, 02/25/2056<sup>(a)</sup> |  | 200 | 199560 |
|  Volcan Cia Minera SAA<br>8.50%, 10/28/2032<sup>(a)</sup> |  | 77 | 79012 |
|  |  |  | 5176544 |
|  **Emerging Markets - Treasuries – 1.0%** |  |  |  |
|  Brazil Notas do Tesouro Nacional<br>Series F<br>10.00%, 01/01/2031 | BRL | 3030 | 486393 |
|  Colombian TES<br>Series B<br>6.25%, 07/09/2036 | COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3116900 | 524967 |
|  Republic of South Africa Government Bond<br>Series 2048<br>8.75%, 02/28/2048 | ZAR | 7532 | 438437 |
|  |  |  | 1449797 |
|  **Treasury Bonds – 0.6%** |  |  |  |
|  Mexican Bonos<br>Series M<br>8.00%, 07/31/2053 | MXN | 8437 | 398873 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.00%, 11/20/2036 |  | 9814 | 579773 |
|  |  |  | 978646 |
|  Total Fixed Income<br>(cost $33,701,055) |  |  | 34936180 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Company** | **Shares** | **Shares** | **U.S. $ Value** |
|  **PREFERRED STOCKS – 0.0%** |  |  |  |
|  **Consumer Discretionary – 0.0%** |  |  |  |
|  **Automobiles – 0.0%** |  |  |  |
|  TVS Motor Co., Ltd. 6.00%<sup>(b) (c) (d)</sup><br>(cost $0) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6972 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;776 |
|  | **Principal**<br>**Amount**<br>**(000)** | **Principal**<br>**Amount**<br>**(000)** |  |
|  **SHORT-TERM INVESTMENTS – 9.4%** |  |  |  |
|  **Treasury Bills – 7.5%** |  |  |  |
|  **United States – 7.5%** |  |  |  |
|  U.S. Treasury Bill<br>Zero Coupon, 01/22/2026<sup>(j)</sup> | U.S.$| 1700 | 1696633 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 02/26/2026 |  | 6630 | 6593585 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 03/26/2026 |  | 3000 | 2975653 |
|  Total Treasury Bills<br>(cost $11,263,256) |  |  | 11265871 |
|  | **Shares** | **Shares** |  |
|  **Investment Companies – 1.6%** |  |  |  |
|  AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 3.615%<sup>(k) (l) (m)</sup><br>(cost $2,388,247) |  | 2388247 | 2388247 |
|  | **Principal**<br>**Amount**<br>**(000)** | **Principal**<br>**Amount**<br>**(000)** |  |
|  **Time Deposits – 0.3%** |  |  |  |
|  ANZ, London<br>1.59%, 01/02/2026 | AUD | 12 | 8106 |
|  BBH, New York<br>(0.90)%, 01/05/2026 | CHF | 1 | 1584 |
|  Citibank, London<br>0.81%, 01/02/2026 | EUR | 33 | 38449 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.66%, 01/02/2026 | GBP | 2 | 2120 |
|  Citibank, New York<br>2.98%, 01/02/2026 | U.S.$| 400 | 400000 |
|  HSBC, Hong Kong<br>2.38%, 01/02/2026 | HKD | 123 | 15852 |
|  HSBC, Singapore<br>0.40%, 01/02/2026 | SGD | 1 | 747 |
|  Nordea, Oslo<br>2.00%, 01/02/2026 | NOK | 2 | 188 |
|  Royal Bank of Canada, Toronto<br>1.08%, 01/02/2026 | CAD | 4 | 2711 |
|  SEB, Stockholm<br>(3.79)%, 01/02/2026 | SEK | 10 | 1064 |
|  SMBC, Tokyo<br>0.15%, 01/05/2026 | JPY | 4958 | 31654 |
|  Standard Chartered Bank, Johannesburg<br>4.55%, 01/02/2026 | ZAR | 205 | 12396 |
|  Total Time Deposits<br>(cost $514,871) |  |  | 514871 |
|  Total Short-Term Investments<br>(cost $14,166,374) |  |  | 14168989 |
|  **Total Investments Before Security Lending Collateral for Securities Loaned – 99.2%**<br>(cost $121,383,083) |  |  | 149332081 |

---

------

---

| | | |
|:---|:---|:---|
| **Company** | **Shares** | **U.S. $ Value** |
|  **INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED – 0.1%** |  |  |
|  **Investment Companies – 0.1%** |  |  |
|  AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 3.615%<sup>(k) (l) (m)</sup><br>(cost $222,500) | 222500 | $222500 |
|  **Total Investments – 99.3%**<br> (cost $121,605,583)<sup>(n)</sup> |  | 149554581 |
|  Other assets less liabilities – 0.6% |  | 916331 |
|  **Net Assets – 100.0%** |  | $**150470912** |

---

**FUTURES** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Number**<br> **of**<br> **Contracts** | **Expiration**<br> **Month** | **Current**<br> **Notional** | **Value and**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)** |
| **Purchased Contracts** |  |  |  |  |
| MSCI Emerging Markets Index Futures | 221 | March 2026 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15595970 | $222105 |
| U.S. 10 Yr Ultra Futures | 11 | March 2026 | 1265172 | (7539) |
| U.S. T-Note 2 Yr (CBT) Futures | 21 | March 2026 | 4384570 | (391) |
| U.S. T-Note 5 Yr (CBT) Futures | 20 | March 2026 | 2186094 | (937) |
| U.S. T-Note 10 Yr (CBT) Futures | 11 | March 2026 | 1236812 | (10351) |
| U.S. Ultra Bond (CBT) Futures | 15 | March 2026 | 1770000 | (38766) |
| **Sold Contracts** |  |  |  |  |
| U.S. Long Bond (CBT) Futures | 1 | March 2026 | 115594 | 1250 |
|  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165371 |

---

**FORWARD CURRENCY EXCHANGE CONTRACTS** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Contracts to**<br> **Deliver**<br> **(000)** | **Contracts to**<br> **Deliver**<br> **(000)** | **In Exchange**<br> **For**<br> **(000)** | **In Exchange**<br> **For**<br> **(000)** | **Settlement**<br> **Date** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)** |
| Bank of America NA | CLP | 1970722 | USD | 2095 | 01/09/2026 | $(93294) |
| Bank of America NA | USD | 1206 | KRW | 1685503 | 01/09/2026 | (37742) |
| Bank of America NA | USD | 189 | INR | 17261 | 02/10/2026 | 2687 |
| Barclays Bank PLC | CNH | 63589 | USD | 8956 | 01/16/2026 | (166197) |
| Barclays Bank PLC | PLN | 3378 | USD | 944 | 01/22/2026 | 3670 |
| Barclays Bank PLC | USD | 895 | CZK | 18425 | 01/22/2026 | 1333 |
| Barclays Bank PLC | ZAR | 33344 | USD | 1982 | 02/26/2026 | (24167) |
| BNP Paribas SA | USD | 3020 | COP | 11657456 | 01/09/2026 | 59483 |
| BNP Paribas SA | MXN | 20447 | USD | 1126 | 03/12/2026 | (2142) |
| Brown Brothers Harriman & Co. | TRY | 13326 | USD | 305 | 01/14/2026 | (3121) |
| Brown Brothers Harriman & Co. | THB | 23630 | USD | 731 | 01/15/2026 | (19186) |
| Brown Brothers Harriman & Co. | CZK | 19060 | USD | 917 | 01/22/2026 | (10724) |
| Citibank NA | BRL | 11101 | USD | 2031 | 01/05/2026 | 4762 |
| Citibank NA | BRL | 7530 | USD | 1368 | 01/05/2026 | (5656) |
| Citibank NA | USD | 3369 | BRL | 18631 | 01/05/2026 | 31088 |
| Citibank NA | CNH | 7767 | USD | 1107 | 01/16/2026 | (7672) |
| Citibank NA | BRL | 7530 | USD | 1341 | 02/03/2026 | (22005) |
| Citibank NA | USD | 2608 | INR | 232079 | 02/10/2026 | (34062) |
| Citibank NA | USD | 4781 | TWD | 147249 | 02/12/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(100496) |
| Deutsche Bank AG | COP | 5710877 | USD | 1490 | 01/09/2026 | (18815) |
| Deutsche Bank AG | USD | 2234 | HUF | 730622 | 01/22/2026 | (2143) |
| Goldman Sachs Bank USA | CLP | 611356 | USD | 670 | 01/09/2026 | (8649) |
| Goldman Sachs Bank USA | USD | 1807 | HUF | 601655 | 01/22/2026 | 30245 |
| Goldman Sachs Bank USA | MYR | 3379 | USD | 820 | 02/12/2026 | (15124) |
| Goldman Sachs Bank USA | TWD | 104736 | USD | 3330 | 02/12/2026 | 335 |
| HSBC Bank USA | USD | 1721 | KRW | 2529285 | 01/09/2026 | 32234 |
| JPMorgan Chase Bank NA | USD | 341 | PEN | 1148 | 01/09/2026 | 1116 |
| Morgan Stanley Capital Services LLC | BRL | 3572 | USD | 649 | 01/05/2026 | (2683) |
| Morgan Stanley Capital Services LLC | USD | 657 | BRL | 3572 | 01/05/2026 | (5512) |
| Morgan Stanley Capital Services LLC | PEN | 590 | USD | 174 | 01/09/2026 | (1152) |
| Morgan Stanley Capital Services LLC | PHP | 52364 | USD | 896 | 01/16/2026 | 7387 |
| Morgan Stanley Capital Services LLC | IDR | 14214847 | USD | 853 | 01/23/2026 | 1760 |
| UBS AG | PLN | 14865 | USD | 4073 | 01/22/2026 | (66704) |
|  |  |  |  |  |  | $(471146) |

---

------

**CENTRALLY CLEARED CREDIT DEFAULT SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Fixed**<br> **Rate**<br> **(Pay)**<br> **Receive** | **Payment**<br> **Frequency** | **Implied**<br> **Credit**<br> **Spread at**<br> **December 31,**<br> **2025** | **Notional<br>Amount<br>(000)** | **Notional<br>Amount<br>(000)** | **Market<br>Value** | **Upfront**<br> **Premiums**<br> **Paid**<br> **(Received)** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)** |
| **Sale Contracts** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-EMS Series 44, 5 Year Index, 12/20/2030\* | 1.00% | Quarterly | 1.24% | USD | 1910 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20038) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28273) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8235 |

---

*\** *Termination date* 

**CENTRALLY CLEARED INTEREST RATE SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | **Rate Type** | **Rate Type** | | | | |
| **Notional**<br> **Amount**<br> **(000)** | **Notional**<br> **Amount**<br> **(000)** | <br>**Termination<br>Date** | **Payments**<br> **made**<br> **by the**<br> **Fund** | **Payments<br>received<br>by the<br>Fund** |<br>**Payment**<br> **Frequency**<br> **Paid/**<br> **Received** |<br>**Market<br>Value** |<br>**Upfront**<br> **Premiums**<br> **Paid**<br> **(Received)** |<br>**Unrealized**<br> **Appreciation**<br> **(Depreciation)** |
| USD | 5420 | 06/06/2028 | 1 Day SOFR | 3.630% | Annual | $18173 | $-0- | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18173 |
| USD | 1910 | 09/13/2029 | 1 Day SOFR | 3.138% | Annual | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21903) | -0- | (21903) |
| BRL | 4176 | 01/02/2031 | 1 Day CDI | 13.185% | Maturity | (2247) | -0- | (2247) |
| BRL | 3338 | 01/02/2031 | 1 Day CDI | 13.500% | Maturity | 3049 | -0- | 3049 |
| BRL | 916 | 01/02/2031 | 1 Day CDI | 13.500% | Maturity | 832 | -0- | 832 |
|  |  |  |  |  |  | $(2096) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-0- | $(2096) |

---

*(a)* *Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities are considered restricted, but liquid and may be resold in transactions exempt from registration. At December 31, 2025, the aggregate market value of these securities amounted to $28,571,028 or 18.99% of net assets.* 

*(b)* *Non-income producing security.* 

*(c)* *Security in which significant unobservable inputs (Level 3) were used in determining fair value.* 

*(d)* *Fair valued by the Adviser.* 

*(e)* *Restricted and illiquid security.* 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Restricted & Illiquid Securities** | **Acquisition**<br> **Date** | **Cost** | | **Market<br>Value** | | **Percentage**<br> **of**<br> **Net Assets** |
|  *Gazprom PJSC* | *10/27/2021 - 02/15/2022* | $*759951* | | $*-0-* | | *0.00%* |
|  *LUKOIL PJSC* | *01/11/2016 - 02/15/2022* | *959077* | | *-0-* | | *0.00%* |
|  *Magnit PJSC* | *04/15/2020 - 06/30/2021* | *46303* | | *-0-* | | *0.00%* |
|  *Polyus PJSC (GDR)* | *09/06/2019 - 04/27/2022* | *4388* | | *-0-* | | *0.00%* |
|  *Sberbank of Russia PJSC* | *04/07/2020 - 08/18/2020* | *405713* | | *-0-* | | *0.00%* |

---

*(f)* *Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities, which represent 0.11% of net assets as of December 31, 2025, are considered illiquid and restricted. Additional information regarding such securities follows:* 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **144A/Restricted & Illiquid Securities** | **Acquisition Date** | **Cost** | | **Market<br>Value** | | **Percentage**<br> **of**<br> **Net Assets** |
|  *Comision Federal de Electricidad<br>Series E<br>5.00%, 09/29/2036* | *09/15/2021* | $*196393* | | $*172893* | | *0.11%* |
|  *PhosAgro PJSC (GDR)* | *06/30/2021* | *447* | | *-0-* | | *0.00%* |
|  *PhosAgro PJSC (GDR REG S)* | *06/30/2021* | *89310* | | *-0-* | | *0.00%* |

---

*(g)* *Coupon rate adjusts periodically based upon a predetermined schedule. Stated interest rate in effect at December 31, 2025.* 

*(h)* *Defaulted matured security.* 

*(i)* *Defaulted.* 

*(j)* *Position, or a portion thereof, has been segregated to collateralize OTC derivatives outstanding.* 

*(k)* *The rate shown represents the 7-day yield as of period end.* 

*(l)* *To obtain a copy of the fund's shareholder report, please go to the Securities and Exchange Commission's website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.* 

*(m)* *Affiliated investments.* 

------

*(n)* *As of December 31, 2025, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $33,892,247 and gross unrealized depreciation of investments was $(6,242,885), resulting in net unrealized appreciation of $27,649,362.* 

*Currency Abbreviations:* 

*AUD – Australian Dollar* 

*BRL – Brazilian Real* 

*CAD – Canadian Dollar* 

*CHF – Swiss Franc* 

*CLP – Chilean Peso* 

*CNH – Chinese Yuan Renminbi (Offshore)* 

*COP – Colombian Peso* 

*CZK – Czech Koruna* 

*EUR – Euro* 

*GBP – Great British Pound* 

*HKD – Hong Kong Dollar* 

*HUF – Hungarian Forint* 

*IDR – Indonesian Rupiah* 

*INR – Indian Rupee* 

*JPY – Japanese Yen* 

*KRW – South Korean Won* 

*MXN – Mexican Peso* 

*MYR – Malaysian Ringgit* 

*NOK – Norwegian Krone* 

*PEN – Peruvian Sol* 

*PHP – Philippine Peso* 

*PLN – Polish Zloty* 

*SEK – Swedish Krona* 

*SGD – Singapore Dollar* 

*THB – Thailand Baht* 

*TRY – Turkish Lira* 

*TWD – New Taiwan Dollar* 

*USD – United States Dollar* 

*ZAR – South African Rand* 

*Glossary:* 

*ADR – American Depositary Receipt* 

*CBT – Chicago Board of Trade* 

*CDI – Brazil CETIP Interbank Deposit Rate* 

*CDX-EM – Emerging Market Credit Default Swap Index* 

*GDR – Global Depositary Receipt* 

*MSCI – Morgan Stanley Capital International* 

*MTN – Medium Term Note* 

*PJSC – Public Joint Stock Company* 

*REG – Registered Shares* 

*SOFR – Secured Overnight Financing Rate* 

**COUNTRY BREAKDOWN<sup>1</sup>** 

**December 31, 2025 (unaudited)** 

21.3 % China

11.5 % Taiwan

9.5 % South Korea

8.5 % India

5.1 % Brazil

3.9 % Mexico

3.5 % United Arab Emirates

3.3 % Poland

2.3 % Chile

2.0 % South Africa

1.6 % Turkey

1.3 % Greece

1.3 % Colombia

15.3 % Other

9.6 % Short–Term Investments

100.0 % Total Investments

<sup>1</sup> The Fund's country breakdown is expressed as a percentage of total investments and may vary over time. The Fund also enters into derivative transactions, which may be used for hedging or investment purposes (see "Portfolio of Investments" section of the report for additional details). "Other" country weightings represent 1.2% or less in the following: Angola, Argentina, Bahrain, Costa Rica, Cote D'Ivoire, Czech Republic, Dominican Republic, Ecuador, Egypt, El Salvador, Ghana, Guatemala, Hong Kong, Hungary, Indonesia, Israel, Jamaica, Jordan, Kazakhstan, Kenya, Kuwait, Lebanon, Malaysia, Morocco, Nigeria, Oman, Pakistan, Panama, Paraguay, Peru, Philippines, Romania, Russia, Saudi Arabia, Senegal, Spain, Sri Lanka, Suriname, Thailand, Trinidad and Tobago, Ukraine, United Kingdom, Uzbekistan, Venezuela and Zambia. 

------

**AB Emerging Markets Multi-Asset Portfolio** 

**December 31, 2025 (unaudited)** 

In accordance with U.S. GAAP regarding fair value measurements, fair value is defined as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a framework for measuring fair value, and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability (including those valued based on their market values). Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Fund. Unobservable inputs reflect the Fund's own assumptions about the assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances. Each investment is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 - quoted prices in active markets for identical investments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - other significant observable inputs (including quoted prices for similar investments, interest
rates, prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair
value of investments)

The fair value of debt instruments, such as bonds, and over-the-counter derivatives is generally based on market price quotations, recently executed market transactions (where observable) or industry recognized modeling techniques and are generally classified as Level 2. Pricing vendor inputs to Level 2 valuations may include quoted prices for similar investments in active markets, interest rate curves, coupon rates, currency rates, yield curves, option adjusted spreads, default rates, credit spreads and other unique security features in order to estimate the relevant cash flows which are then discounted to calculate fair values. If these inputs are unobservable and significant to the fair value, these investments will be classified as Level 3.

Where readily available market prices or relevant bid prices are not available for certain equity investments, such investments may be valued based on similar publicly traded investments, movements in relevant indices since last available prices or based upon underlying company fundamentals and comparable company data (such as multiples to earnings or other multiples to equity). Where an investment is valued using an observable input, such as another publicly traded security, the investment will be classified as Level 2. If management determines that an adjustment is appropriate based on restrictions on resale, illiquidity or uncertainty, and such adjustment is a significant component of the valuation, the investment will be classified as Level 3. An investment will also be classified as Level 3 where management uses company fundamentals and other significant inputs to determine the valuation.

Other fixed income investments, including non-U.S. government and corporate debt, are generally valued using quoted market prices, if available, which are typically impacted by current interest rates, maturity dates and any perceived credit risk of the issuer. Additionally, in the absence of quoted market prices, these inputs are used by pricing vendors to derive a valuation based upon industry or proprietary models which incorporate issuer specific data with relevant yield/spread comparisons with more widely quoted bonds with similar key characteristics. Those investments for which there are observable inputs are classified as Level 2. Where the inputs are not observable, the investments are classified as Level 3.

------

The following table summarizes the valuation of the Fund's investments by the above fair value hierarchy levels as of December 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments in Securities** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets:** |  |  |  |  |
| Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Information Technology | $-0- | $27023708 | $-0- | $27023708 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financials | 4591008 | 19610165 | 0<sup>#</sup> | 24201173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Communication Services | 798084 | 12250959 | -0- | 13049043 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Consumer Discretionary | 1244259 | 7584992 | -0- | 8829251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrials | 3916375 | 3506054 | 0<sup>#</sup> | 7422429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Materials | 595086 | 6708164 | 0<sup>#</sup> | 7303250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energy | -0- | 6403352 | 0<sup>#</sup> | 6403352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Real Estate | -0- | 3191510 | -0- | 3191510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Care | -0- | 1842537 | -0- | 1842537 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Consumer Staples | 639457 | -0- | 0<sup>#</sup> | 639457 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Utilities | 92784 | 227642 | -0- | 320426 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sovereign Bonds | -0- | 21348388 | -0- | 21348388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Quasi-Sovereign Bonds | -0- | 5982805 | -0- | 5982805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds | -0- | 5176544 | -0- | 5176544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Emerging Markets - Treasuries | -0- | 1449797 | -0- | 1449797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury Bonds | -0- | 978646 | -0- | 978646 |
| Preferred Stocks | -0- | -0- | 776 | 776 |
| Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury Bills | -0- | 11265871 | -0- | 11265871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Companies | 2388247 | -0- | -0- | 2388247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Time Deposits | 514871 | -0- | -0- | 514871 |
| Investments of Cash Collateral for Securities Loaned in Affiliated Money Market Fund | 222500 | -0- | -0- | 222500 |
| Total Investments in Securities | 15002671 | 134551134<sup>+</sup> | 776 | 149554581 |
| **Other Financial Instruments\*:** |  |  |  |  |
| **Assets** |  |  |  |  |
| Futures | 223355 | -0- | -0- | 223355 |
| Forward Currency Exchange Contracts | -0- | 176100 | -0- | 176100 |
| Centrally Cleared Interest Rate Swaps | -0- | 22054 | -0- | 22054 |
| **Liabilities** |  |  |  |  |
| Futures | (57984) | -0- | -0- | (57984) |
| Forward Currency Exchange Contracts | -0- | (647246) | -0- | (647246) |
| Centrally Cleared Credit Default Swaps | -0- | (20038) | -0- | (20038) |
| Centrally Cleared Interest Rate Swaps | -0- | (24150) | -0- | (24150) |
| **Total** | $**15168042** | $**134057854** | $**776** | $**149226672** |

---

*#* *The Fund held securities with zero market value at period end.* 

*+* *A significant portion of the Fund's foreign equity investments are categorized as Level 2 investments since they are valued using fair value prices based on third party vendor modeling tools to the extent available.* 

*\** *Other financial instruments include derivative instruments, such as futures, forwards and swaps. Derivative instruments are valued at the unrealized appreciation (depreciation) on the instrument. Other financial instruments may also include swaps with upfront premiums, written options and written swaptions which are valued at market value.* 

A summary of the Fund's transactions in AB mutual funds for the nine months ended December 31, 2025 is as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Fund** | **Market Value**<br> **3/31/25**<br> **(000)** | **Purchases**<br> **at Cost<br>(000)** | **Sales<br>Proceeds<br>(000)** | **Market Value**<br> **12/31/25<br>(000)** | **Dividend**<br> **Income**<br> **(000)** |
| AB Government Money Market Portfolio | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8310 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60589 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66511 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2388 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106 |
| AB Government Money Market Portfolio\* | -0- | 4982 | 4759 | 223 | 1 |
| Total |  |  |  | $2611 | $107 |

---

*\** *Investment of cash collateral for securities lending transactions.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AB CAP FUND, INC.

- **b. Investment Company Act file number:** 811-01716

- **c. CIK number of Registrant:** 0000081443

- **d. LEI of Registrant:** 549300I24E20QB4B6Y20

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

  - **Street Address 1:** ALLIANCEBERNSTEIN LP

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10001

  - **Telephone number:** 212-969-1000

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

- **a. Name of Series:** AB Emerging Markets Multi-Asset Portfolio

- **b. EDGAR series identifier (if any):** S000033729

- **c. LEI of Series:** 7ZWN2SNJWVYO4A3K1B71

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $155477214.39

**Total Liabilities:** $4952942.51

**Net Assets:** $150524271.88

**Cash Not Reported:** $1787917.83

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -18.95000000 | **1-Year:** -446.12000000 | **5-Year:** -2083.00000000 | **10-Year:** -3458.76000000 | **30-Year:** -2373.91000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -53.93000000 | **1-Year:** -1453.51000000 | **5-Year:** -4973.75000000 | **10-Year:** -4005.71000000 | **30-Year:** -1193.98000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000103967 | 3.63%                | -1.26%               | 2.07%                |
| Class ID C000103968 | 3.54%                | -1.37%               | 2.04%                |
| Class ID C000103969 | 3.62%                | -1.26%               | 2.05%                |
| Class ID C000103972 | 3.66%                | -1.28%               | 2.08%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $901985.85               | $3813746.86                                |
| Month 2  | $1124835.43              | $-2652403.43                               |
| Month 3  | $1625539.79              | $1311407.34                                |

**Designated Index Information**

- **Index Name:** MSCI Emerging Markets Index

- **Index Identifier:** MIEF00000PUS:MSI

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AKBANK TAS                                                   | Akbank TAS                                                                                                                                   | CUSIP: 00971YAL4<br>LEI: 789000TUMN63Z28TJ497 | Long             | DBT              | CORP              | TR        |     200000 | PA      | $211000.00    | 0.14%             | 2030-01-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Alliance Bernstein                                           | AB Fixed Income Shares, Inc. - Government Money Market Portfolio                                                                             | CUSIP: 018616748<br>LEI: 5493006YWHO7MNK2U579 | Long             | STIV             | RF                | US        |    2388247 | NS      | $2388246.55   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                                       | Egypt Government International Bond                                                                                                          | CUSIP: 03846JAH3<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     260000 | PA      | $288310.10    | 0.19%             | 2030-02-04      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Argentina Republic Government International Bonds            | Argentina Republic Government International Bonds                                                                                            | CUSIP: 040114HS2<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |     384983 | PA      | $328005.69    | 0.22%             | 2030-07-09      | Variable      | 0.75%                 | No            |                  2 | On Loan: No      |
| Argentina Republic Government International Bonds            | Argentina Republic Government International Bonds                                                                                            | CUSIP: 040114HT0<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |     523000 | PA      | $389112.00    | 0.26%             | 2035-07-09      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Argentina Republic Government International Bonds            | Argentina Republic Government International Bonds                                                                                            | CUSIP: 040114HU7<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |     653712 | PA      | $507934.22    | 0.34%             | 2038-01-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Argentina Republic Government International Bonds            | Argentina Republic Government International Bonds                                                                                            | CUSIP: 040114HX1<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |     141598 | PA      | $126234.26    | 0.08%             | 2029-07-09      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                       | Standard Chartered PLC                                                                                                                       | CUSIP: 000000000<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | EC               | CORP              | GB        |       1502 | NS      | $36649.47     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK GOSPODARSTWA KRAJOW                                     | Bank Gospodarstwa Krajowego                                                                                                                  | CUSIP: 06237MAA1<br>LEI: 259400BCOV9JJIGLYF05 | Long             | DBT              | NUSS              | PL        |     200000 | PA      | $206042.00    | 0.14%             | 2033-05-22      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BANK GOSPODARSTWA KRAJOW                                     | Bank Gospodarstwa Krajowego                                                                                                                  | CUSIP: 06237MAD5<br>LEI: 259400BCOV9JJIGLYF05 | Long             | DBT              | NUSS              | PL        |     230000 | PA      | $237652.10    | 0.16%             | 2054-07-09      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Citibank, National Association                               | PURCHASED TWD / SOLD USD                                                                                                                     | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | TW        |          1 | NC      | $-100496.38   | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                               | PURCHASED COP / SOLD USD                                                                                                                     | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | CO        |          1 | NC      | $30342.67     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank, National Association                               | PURCHASED USD / SOLD CNH                                                                                                                     | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |          1 | NC      | $-7672.27     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Brazil Government International Bonds                        | Brazil Government International Bonds                                                                                                        | CUSIP: 105756CJ7<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     400000 | PA      | $396700.00    | 0.26%             | 2054-05-13      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                                       | Brazilian Government International Bond                                                                                                      | CUSIP: 105756CP3<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     200000 | PA      | $197150.00    | 0.13%             | 2033-02-04      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CBB INTL SUKUK PROG WLL                                      | CBB International Sukuk Programme Co WLL                                                                                                     | CUSIP: 124808AC0<br>LEI: 5493006IRJ2IWXTNIM16 | Long             | DBT              | NUSS              | BH        |     242000 | PA      | $240886.80    | 0.16%             | 2034-02-06      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| CAIXA ECONOMICA FEDERAL                                      | Caixa Economica Federal                                                                                                                      | CUSIP: 12803Y2A6<br>LEI: 254900EX2KZ57WQ1PL07 | Long             | DBT              | CORP              | BR        |     200000 | PA      | $202678.26    | 0.13%             | 2030-05-13      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CHILE ELECTRICITY LUX                                        | Chile Electricity Lux Mpc II Sarl                                                                                                            | CUSIP: 16882LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     195501 | PA      | $201244.82    | 0.13%             | 2035-10-20      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Citibank, National Association                               | PURCHASED USD / SOLD BRL                                                                                                                     | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |          1 | NC      | $3229.75      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Colombia Government International Bonds                      | Colombia Government International Bonds                                                                                                      | CUSIP: 195325EF8<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     200000 | PA      | $215000.00    | 0.14%             | 2033-04-20      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Colombia Government International Bonds                      | Colombia Government International Bonds                                                                                                      | CUSIP: 195325EL5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     444000 | PA      | $472971.00    | 0.31%             | 2035-11-14      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                                  | Corp Nacional del Cobre de Chile                                                                                                             | CUSIP: 21987BBG2<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     318000 | PA      | $331985.64    | 0.22%             | 2034-01-08      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Grupo Financiero Banorte SAB de CV                           | Grupo Financiero Banorte SAB de CV                                                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     224080 | NS      | $2076107.58   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| DOMINICAN REPUBLIC                                           | Dominican Republic International Bond                                                                                                        | CUSIP: 25714PFB9<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     410000 | PA      | $440955.00    | 0.29%             | 2037-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Grupo Aeroportuario del Sureste SAB de CV                    | Grupo Aeroportuario del Sureste SAB de CV                                                                                                    | CUSIP: 000000000<br>LEI: 5299001W7JIDXCUOUC82 | Long             | EC               | CORP              | MX        |       1945 | NS      | $62745.49     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroleo Brasileiro SA - Petrobras                           | Petroleo Brasileiro SA - Petrobras                                                                                                           | CUSIP: 000000000<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |       4900 | NS      | $29090.78     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroleo Brasileiro SA - Petrobras                           | Petroleo Brasileiro SA - Petrobras                                                                                                           | CUSIP: 000000000<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |      17700 | NS      | $99358.21     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| EAGLE FUNDING LUXCO SARL                                     | Eagle Funding Luxco Sarl                                                                                                                     | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | NUSS              | LU        |     374000 | PA      | $380358.00    | 0.25%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                                 | Ecopetrol SA                                                                                                                                 | CUSIP: 279158AJ8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     120000 | PA      | $89114.40     | 0.06%             | 2045-05-28      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                                 | Ecopetrol SA                                                                                                                                 | CUSIP: 279158AV1<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |      79000 | PA      | $81022.40     | 0.05%             | 2036-01-19      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR                                          | Ecuador Government International Bond                                                                                                        | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |     363347 | PA      | $320108.71    | 0.21%             | 2035-07-31      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| EMP DISTRIBUIDORA NORTE                                      | Empresa Distribuidora Y Comercializadora Norte                                                                                               | CUSIP: 29244AAM4<br>LEI: 254900JU7TV6VS9GRW29 | Long             | DBT              | CORP              | AR        |      55000 | PA      | $53797.70     | 0.04%             | 2030-10-24      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                            | PURCHASED CZK / SOLD USD                                                                                                                     | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | CZ        |          1 | NC      | $1333.13      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Brown Brothers Harriman & Co.                                | PURCHASED USD / SOLD THB                                                                                                                     | CUSIP: 000000000<br>LEI: 5493006KMX1VFTPYPW14 | N/A              | DFE              |  | US        |          1 | NC      | $-19186.24    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA, National Association                          | PURCHASED KRW / SOLD USD                                                                                                                     | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | KR        |          1 | NC      | $32233.87     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Brown Brothers Harriman & Co.                                | PURCHASED USD / SOLD CZK                                                                                                                     | CUSIP: 000000000<br>LEI: 5493006KMX1VFTPYPW14 | N/A              | DFE              |  | US        |          1 | NC      | $-10723.84    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| EMPRESAS PUBLIC MEDELLIN                                     | Empresas Publicas de Medellin ESP                                                                                                            | CUSIP: 29246BAD0<br>LEI: 549300SU25TO8EMXB434 | Long             | DBT              | CORP              | CO        |  418000000 | PA      | $102596.24    | 0.07%             | 2027-11-08      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| ICE Futures U.S.                                             | FUTURE CONTRACT ON MSCI EMGMKT MAR26                                                                                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |        221 | NC      | $222105.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                       | FUTURE CONTRACT ON US 2YR NOTE (CBT) MAR26                                                                                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |         21 | NC      | $-390.64      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                       | FUTURE CONTRACT ON US 10YR ULTRA FUT MAR26                                                                                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |         11 | NC      | $-7539.06     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                       | FUTURE CONTRACT ON US ULTRA BOND CBT MAR26                                                                                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |         15 | NC      | $-38765.63    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                       | FUTURE CONTRACT ON US LONG BOND(CBT) MAR26                                                                                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |         -1 | NC      | $1250.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                       | FUTURE CONTRACT ON US 5YR NOTE (CBT) MAR26                                                                                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |         20 | NC      | $-937.50      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                       | FUTURE CONTRACT ON US 10YR NOTE (CBT)MAR26                                                                                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |         11 | NC      | $-10351.56    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| REPUBLIC OF GHANA                                            | Ghana Government International Bond                                                                                                          | CUSIP: 374422AL7<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |      11040 | PA      | $10833.00     | 0.01%             | 2026-07-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                                            | Ghana Government International Bond                                                                                                          | CUSIP: 374422AM5<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     166980 | PA      | $164074.55    | 0.11%             | 2029-07-03      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                                            | Ghana Government International Bond                                                                                                          | CUSIP: 374422AN3<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |      33463 | PA      | $29562.60     | 0.02%             | 2030-01-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                                            | Ghana Government International Bond                                                                                                          | CUSIP: 374422AP8<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |      92364 | PA      | $84303.32     | 0.06%             | 2035-07-03      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Gold Fields Ltd                                              | Gold Fields Ltd                                                                                                                              | CUSIP: 38059T106<br>LEI: 5299003KXIBJQYCBBD72 | Long             | EC               | CORP              | ZA        |      13630 | NS      | $595085.80    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America, National Association                        | PURCHASED KRW / SOLD USD                                                                                                                     | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | KR        |          1 | NC      | $-37741.88    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                       | PURCHASED HUF / SOLD USD                                                                                                                     | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | HU        |          1 | NC      | $30244.93     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| GRUPO TELEVISA SAB                                           | Grupo Televisa SAB                                                                                                                           | CUSIP: 40049JAT4<br>LEI: 549300O4AF0C816ILN62 | Long             | DBT              | CORP              | MX        |       5000 | PA      | $5291.18      | 0.00%             | 2032-03-11      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| GRUPO TELEVISA SAB                                           | Grupo Televisa SAB                                                                                                                           | CUSIP: 40049JAZ0<br>LEI: 549300O4AF0C816ILN62 | Long             | DBT              | CORP              | MX        |      20000 | PA      | $17424.00     | 0.01%             | 2040-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                                        | Guatemala Government Bond                                                                                                                    | CUSIP: 401494AY5<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     200000 | PA      | $208652.00    | 0.14%             | 2031-08-06      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| HeadHunter Group PLC                                         | HeadHunter Group PLC                                                                                                                         | CUSIP: 42207L106<br>LEI: 549300IMUCFEWXP6RU11 | Long             | EC               | CORP              | CY        |      18930 | NS      | $0.02         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| BNP Paribas SA                                               | PURCHASED COP / SOLD USD                                                                                                                     | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | CO        |          1 | NC      | $29139.99     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Gazprom PJSC                                                 | Gazprom PJSC                                                                                                                                 | CUSIP: 000000000<br>LEI: 213800FD9J2IHTA7YX78 | Long             | EC               | CORP              | RU        |     153780 | NS      | $0.15         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Komercni Banka AS                                            | Komercni Banka AS                                                                                                                            | CUSIP: 000000000<br>LEI: IYKCAVNFR8QGF00HV840 | Long             | EC               | CORP              | CZ        |        430 | NS      | $24243.24     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| LUKOIL PJSC                                                  | LUKOIL PJSC                                                                                                                                  | CUSIP: 000000000<br>LEI: 549300LCJ1UJXHYBWI24 | Long             | EC               | CORP              | RU        |      18789 | NS      | $0.02         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| STATE OF ISRAEL                                              | Israel Government International Bond                                                                                                         | CUSIP: 46514Y8A8<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |     250000 | PA      | $258152.89    | 0.17%             | 2030-02-14      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| UZAUTO MOTORS AJ                                             | Uzauto Motors AJ                                                                                                                             | CUSIP: 46653NAB8<br>LEI: 25490082QA3E2MKBZI88 | Long             | DBT              | CORP              | UZ        |     200000 | PA      | $200157.88    | 0.13%             | 2030-11-19      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Jamaica Government International Bonds                       | Jamaica Government International Bonds                                                                                                       | CUSIP: 470160AV4<br>LEI: 529900Y93KNSXZI8KK56 | Long             | DBT              | NUSS              | JM        |     208000 | PA      | $250640.00    | 0.17%             | 2039-03-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| KT Corp                                                      | KT Corp                                                                                                                                      | CUSIP: 48268K101<br>LEI: 9884005ACF8449EANY26 | Long             | EC               | CORP              | KR        |      31880 | NS      | $604763.60    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| REPUBLIC OF KAZAKHSTAN                                       | Kazakhstan Government International Bond                                                                                                     | CUSIP: 486661BQ3<br>LEI: 5493007OEK8EF02UO833 | Long             | DBT              | NUSS              | KZ        |     295000 | PA      | $293159.20    | 0.19%             | 2030-10-28      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KENYA                                            | Republic of Kenya Government International Bond                                                                                              | CUSIP: 491798AQ7<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |     200000 | PA      | $202198.66    | 0.13%             | 2038-10-09      | Fixed         | 8.80%                 | No            |                  2 | On Loan: No      |
| UBS AG                                                       | PURCHASED USD / SOLD PLN                                                                                                                     | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |          1 | NC      | $-66704.48    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Latam Airlines Group SA                                      | Latam Airlines Group SA                                                                                                                      | CUSIP: 51817R205<br>LEI: 549300HX3UUDPEFTG707 | Long             | EC               | CORP              | CL        |      39923 | NS      | $2156241.23   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| LIMA METRO LINE 2 FIN LT                                     | Lima Metro Line 2 Finance Ltd                                                                                                                | CUSIP: 532522AB5<br>LEI: 5493009BVQNQT1UKQ352 | Long             | DBT              | CORP              | KY        |     264597 | PA      | $256341.18    | 0.17%             | 2036-04-05      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| LIMAK YENILENEBILIR                                          | Limak Yenilenebilir Enerji AS                                                                                                                | CUSIP: 53263MAA0<br>LEI: 789000WFO2FHRONHFN18 | Long             | DBT              | CORP              | TR        |     200000 | PA      | $196126.00    | 0.13%             | 2030-08-12      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Bank Polska Kasa Opieki SA                                   | Bank Polska Kasa Opieki SA                                                                                                                   | CUSIP: 000000000<br>LEI: 5493000LKS7B3UTF7H35 | Long             | EC               | CORP              | PL        |      38919 | NS      | $2207550.14   | 1.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                           | Banco Bilbao Vizcaya Argentaria SA                                                                                                           | CUSIP: 000000000<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EC               | CORP              | ES        |       8278 | NS      | $194178.87    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| MMC Norilsk Nickel PJSC                                      | MMC Norilsk Nickel PJSC                                                                                                                      | CUSIP: 55315J102<br>LEI: 253400JPTEEW143W3E47 | Long             | EC               | CORP              | RU        |       3568 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CEZ AS                                                       | CEZ AS                                                                                                                                       | CUSIP: 000000000<br>LEI: 529900S5R9YHJHYKKG94 | Long             | EC               | CORP              | CZ        |        883 | NS      | $55573.50     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| ORLEN SA                                                     | ORLEN SA                                                                                                                                     | CUSIP: 000000000<br>LEI: 259400VVMM70CQREJT74 | Long             | EC               | CORP              | PL        |      79599 | NS      | $2125033.35   | 1.41%             |  |  |  | No            |                  2 | On Loan: No      |
| MEDCO CYPRESS TREE PTE                                       | Medco Cypress Tree Pte Ltd                                                                                                                   | CUSIP: 58406VAA7<br>LEI: 254900NKZ2Y3YZK4WC46 | Long             | DBT              | CORP              | SG        |     250000 | PA      | $263750.00    | 0.18%             | 2030-05-19      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Citibank, National Association                               | PURCHASED BRL / SOLD USD                                                                                                                     | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | BR        |          1 | NC      | $22749.00     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Abu Dhabi Islamic Bank PJSC                                  | Abu Dhabi Islamic Bank PJSC                                                                                                                  | CUSIP: 000000000<br>LEI: 5493006DOLY8O98XHD74 | Long             | EC               | CORP              | AE        |      86106 | NS      | $486297.66    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Accton Technology Corp                                       | Accton Technology Corp                                                                                                                       | CUSIP: 000000000<br>LEI: 529900M1YRZ0GWMDF920 | Long             | EC               | CORP              | TW        |      13000 | NS      | $490580.99    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| AVI Ltd                                                      | AVI Ltd                                                                                                                                      | CUSIP: 000000000<br>LEI: 378900C2D68805FAAF75 | Long             | EC               | CORP              | ZA        |      78082 | NS      | $497442.69    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Asustek Computer Inc                                         | Asustek Computer Inc                                                                                                                         | CUSIP: 000000000<br>LEI: 254900B3WB4OGRB7HM13 | Long             | EC               | CORP              | TW        |      66100 | NS      | $1148998.21   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Realtek Semiconductor Corp                                   | Realtek Semiconductor Corp                                                                                                                   | CUSIP: 000000000<br>LEI: 5299002E7F36O00MYY75 | Long             | EC               | CORP              | TW        |      34100 | NS      | $529459.45    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Cheil Worldwide Inc                                          | Cheil Worldwide Inc                                                                                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       5929 | NS      | $86356.65     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Huaneng Power International Inc                              | Huaneng Power International Inc                                                                                                              | CUSIP: 000000000<br>LEI: 529900WU0SMVKMPG4V21 | Long             | EC               | CORP              | CN        |     114000 | NS      | $84013.24     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Bharat Petroleum Corp Ltd                                    | Bharat Petroleum Corp Ltd                                                                                                                    | CUSIP: 000000000<br>LEI: 8GRDBX1TJ0PU5NCSHT72 | Long             | EC               | CORP              | IN        |     315331 | NS      | $1348898.87   | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Hindustan Petroleum Corp Ltd                                 | Hindustan Petroleum Corp Ltd                                                                                                                 | CUSIP: 000000000<br>LEI: 335800DWLXIP7HFFY564 | Long             | EC               | CORP              | IN        |      18507 | NS      | $102873.24    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Gujarat Narmada Valley Fertilizers & Chemicals Ltd           | Gujarat Narmada Valley Fertilizers & Chemicals Ltd                                                                                           | CUSIP: 000000000<br>LEI: 335800CLY1JH3J6OZH70 | Long             | EC               | CORP              | IN        |      16467 | NS      | $90366.38     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| United Integrated Services Co Ltd                            | United Integrated Services Co Ltd                                                                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |       3000 | NS      | $90879.83     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Vedanta Ltd                                                  | Vedanta Ltd                                                                                                                                  | CUSIP: 000000000<br>LEI: 335800XDKX9KB5EMCO07 | Long             | EC               | CORP              | IN        |      15653 | NS      | $105318.95    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Hindustan Zinc Ltd                                           | Hindustan Zinc Ltd                                                                                                                           | CUSIP: 000000000<br>LEI: 335800LB39TLJ8YTWM98 | Long             | EC               | CORP              | IN        |      16690 | NS      | $113785.03    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Lupin Ltd                                                    | Lupin Ltd                                                                                                                                    | CUSIP: 000000000<br>LEI: 335800HHXTESDEE2FC65 | Long             | EC               | CORP              | IN        |       3962 | NS      | $92998.08     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| NMDC Ltd                                                     | NMDC Ltd                                                                                                                                     | CUSIP: 000000000<br>LEI: 335800IXHXOHQ7B2HP66 | Long             | EC               | CORP              | IN        |     107697 | NS      | $99696.08     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Eva Airways Corp                                             | Eva Airways Corp                                                                                                                             | CUSIP: 000000000<br>LEI: 254900S1P4XOXV67GC07 | Long             | EC               | CORP              | TW        |      24000 | NS      | $27907.88     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Infosys Ltd                                                  | Infosys Ltd                                                                                                                                  | CUSIP: 000000000<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |      16707 | NS      | $300874.40    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Chroma ATE Inc                                               | Chroma ATE Inc                                                                                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |       3000 | NS      | $74200.41     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Lenovo Group Ltd                                             | Lenovo Group Ltd                                                                                                                             | CUSIP: 000000000<br>LEI: 254900VUZRGD5U73RE46 | Long             | EC               | CORP              | HK        |      64000 | NS      | $76108.51     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Telecom Co Ltd                                            | SK Telecom Co Ltd                                                                                                                            | CUSIP: 000000000<br>LEI: 9884003WEA1PHW006037 | Long             | EC               | CORP              | KR        |       2469 | NS      | $91670.53     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| PetroChina Co Ltd                                            | PetroChina Co Ltd                                                                                                                            | CUSIP: 000000000<br>LEI: 529900RPY4YG47TRSV05 | Long             | EC               | CORP              | HK        |    2066000 | NS      | $2226939.72   | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| United Tractors Tbk PT                                       | United Tractors Tbk PT                                                                                                                       | CUSIP: 000000000<br>LEI: 529900N9ELYOWQV4FW14 | Long             | EC               | CORP              | ID        |      34900 | NS      | $61703.92     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Commercial International Bank - Egypt (CIB)                  | Commercial International Bank - Egypt (CIB)                                                                                                  | CUSIP: 000000000<br>LEI: 213800FIIXJAMEVRIH48 | Long             | EC               | CORP              | EG        |      41278 | NS      | $89132.79     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Electronics Inc                                        | Delta Electronics Inc                                                                                                                        | CUSIP: 000000000<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |      81200 | NS      | $2476921.69   | 1.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Gold Fields Ltd                                              | Gold Fields Ltd                                                                                                                              | CUSIP: 000000000<br>LEI: 5299003KXIBJQYCBBD72 | Long             | EC               | CORP              | ZA        |       1138 | NS      | $49619.53     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| MUTHOOT FINANCE LTD                                          | Muthoot Finance Ltd                                                                                                                          | CUSIP: 62828L2E2<br>LEI: 335800HAMJMBFL4RRF02 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $203312.50    | 0.14%             | 2030-03-02      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Dubai Islamic Bank PJSC                                      | Dubai Islamic Bank PJSC                                                                                                                      | CUSIP: 000000000<br>LEI: 5493003E7YRAQY3JGW88 | Long             | EC               | CORP              | AE        |      35733 | NS      | $90167.32     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| LG Uplus Corp                                                | LG Uplus Corp                                                                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       8812 | NS      | $90043.83     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins India Ltd                                            | Cummins India Ltd                                                                                                                            | CUSIP: 000000000<br>LEI: 3358002PR6NKJRU4YS77 | Long             | EC               | CORP              | IN        |       1860 | NS      | $91643.70     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| HCL Technologies Ltd                                         | HCL Technologies Ltd                                                                                                                         | CUSIP: 000000000<br>LEI: 549300C1F8OLYSOQYB65 | Long             | EC               | CORP              | IN        |      21142 | NS      | $381354.51    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Tripod Technology Corp                                       | Tripod Technology Corp                                                                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      19000 | NS      | $191736.01    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Evergreen Marine Corp Taiwan Ltd                             | Evergreen Marine Corp Taiwan Ltd                                                                                                             | CUSIP: 000000000<br>LEI: 254900EIJA0A39C5SO15 | Long             | EC               | CORP              | TW        |      15000 | NS      | $90486.79     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Hero MotoCorp Ltd                                            | Hero MotoCorp Ltd                                                                                                                            | CUSIP: 000000000<br>LEI: 335800Q49FBMZJTRLK49 | Long             | EC               | CORP              | IN        |      13497 | NS      | $866002.30    | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Novatek Microelectronics Corp                                | Novatek Microelectronics Corp                                                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |       7000 | NS      | $83227.00     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| MediaTek Inc                                                 | MediaTek Inc                                                                                                                                 | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |       3000 | NS      | $136215.57    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| NAVOI MINING METALLURGIC                                     | Navoi Mining & Metallurgical Combinat                                                                                                        | CUSIP: 63890CAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | UZ        |     200000 | PA      | $206944.17    | 0.14%             | 2028-10-17      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Samsung Securities Co Ltd                                    | Samsung Securities Co Ltd                                                                                                                    | CUSIP: 000000000<br>LEI: 988400RBTJTHNUOHE716 | Long             | EC               | CORP              | KR        |       3340 | NS      | $174860.89    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Harmony Gold Mining Co Ltd                                   | Harmony Gold Mining Co Ltd                                                                                                                   | CUSIP: 000000000<br>LEI: 378900986D05F0C29811 | Long             | EC               | CORP              | ZA        |       4370 | NS      | $87671.39     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Advanced Info Service PCL                                    | Advanced Info Service PCL                                                                                                                    | CUSIP: 000000000<br>LEI: 529900DU2YW1NO5RMU78 | Long             | EC               | CORP              | TH        |       1400 | NS      | $13908.90     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Hon Hai Precision Industry Co Ltd                            | Hon Hai Precision Industry Co Ltd                                                                                                            | CUSIP: 000000000<br>LEI: 30030004CM3GSZXX7O56 | Long             | EC               | CORP              | TW        |      12000 | NS      | $87963.91     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| HD Korea Shipbuilding & Offshore Engineering Co Ltd          | HD Korea Shipbuilding & Offshore Engineering Co Ltd                                                                                          | CUSIP: 000000000<br>LEI: 988400DPTJ9KH5R6W540 | Long             | EC               | CORP              | KR        |       3337 | NS      | $941606.81    | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| SK hynix Inc                                                 | SK hynix Inc                                                                                                                                 | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |       5548 | NS      | $2512568.14   | 1.67%             |  |  |  | No            |                  2 | On Loan: No      |
| International Container Terminal Services Inc                | International Container Terminal Services Inc                                                                                                | CUSIP: 000000000<br>LEI: 254900FU1MWK0I0Q4J61 | Long             | EC               | CORP              | PH        |      13340 | NS      | $128014.18    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Jardine Matheson Holdings Ltd                                | Jardine Matheson Holdings Ltd                                                                                                                | CUSIP: 000000000<br>LEI: 2138009KENVUNWOLPK41 | Long             | EC               | CORP              | BM        |        115 | NS      | $7848.21      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Kia Corp                                                     | Kia Corp                                                                                                                                     | CUSIP: 000000000<br>LEI: 988400V8MJK9N7OI5X76 | Long             | EC               | CORP              | KR        |      18601 | NS      | $1576872.06   | 1.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Korea Electric Power Corp                                    | Korea Electric Power Corp                                                                                                                    | CUSIP: 000000000<br>LEI: 988400QG33WS7JEIV602 | Long             | EC               | CORP              | KR        |       2683 | NS      | $88055.21     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Metropolitan Bank & Trust Co                                 | Metropolitan Bank & Trust Co                                                                                                                 | CUSIP: 000000000<br>LEI: 549300SQYI82RVWFN715 | Long             | EC               | CORP              | PH        |      23550 | NS      | $27419.79     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Lite-On Technology Corp                                      | Lite-On Technology Corp                                                                                                                      | CUSIP: 000000000<br>LEI: 2549005GU1PQ73SZBT32 | Long             | EC               | CORP              | TW        |       6000 | NS      | $31213.91     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SinoPac Financial Holdings Co Ltd                            | SinoPac Financial Holdings Co Ltd                                                                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |        236 | NS      | $214.71       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CTBC Financial Holding Co Ltd                                | CTBC Financial Holding Co Ltd                                                                                                                | CUSIP: 000000000<br>LEI: 549300IWDYIFW6JXM387 | Long             | EC               | CORP              | TW        |      67000 | NS      | $107051.96    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| NH Investment & Securities Co Ltd                            | NH Investment & Securities Co Ltd                                                                                                            | CUSIP: 000000000<br>LEI: 549300LQ6NXDW1B8NT42 | Long             | EC               | CORP              | KR        |       6563 | NS      | $96119.11     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| NAVER Corp                                                   | NAVER Corp                                                                                                                                   | CUSIP: 000000000<br>LEI: 988400ULUQYDB2HQYJ61 | Long             | EC               | CORP              | KR        |       4045 | NS      | $679970.96    | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Yue Yuen Industrial Holdings Ltd                             | Yue Yuen Industrial Holdings Ltd                                                                                                             | CUSIP: 000000000<br>LEI: 254900YUFIBANZ1XU687 | Long             | EC               | CORP              | BM        |      37000 | NS      | $75868.29     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Mobile Telecommunications Co KSCP                            | Mobile Telecommunications Co KSCP                                                                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |      54377 | NS      | $91688.31     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle Malaysia Bhd                                          | Nestle Malaysia Bhd                                                                                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |       1500 | NS      | $42138.98     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Korea Investment Holdings Co Ltd                             | Korea Investment Holdings Co Ltd                                                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |        834 | NS      | $93904.43     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Orient Overseas International Ltd                            | Orient Overseas International Ltd                                                                                                            | CUSIP: 000000000<br>LEI: 529900DQ426GJO276W95 | Long             | EC               | CORP              | BM        |       5000 | NS      | $80620.54     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Petronas Dagangan Bhd                                        | Petronas Dagangan Bhd                                                                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |       8200 | NS      | $40310.62     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| PICC Property & Casualty Co Ltd                              | PICC Property & Casualty Co Ltd                                                                                                              | CUSIP: 000000000<br>LEI: 300300F1000311000017 | Long             | EC               | CORP              | CN        |     850000 | NS      | $1787046.72   | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Rakyat Indonesia Persero Tbk PT                         | Bank Rakyat Indonesia Persero Tbk PT                                                                                                         | CUSIP: 000000000<br>LEI: 254900HB6S4B12GBNP64 | Long             | EC               | CORP              | ID        |     343900 | NS      | $75316.48     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                                     | OCP SA                                                                                                                                       | CUSIP: 67091TAG0<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |     200000 | PA      | $220996.00    | 0.15%             | 2054-05-02      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Zijin Mining Group Co Ltd                                    | Zijin Mining Group Co Ltd                                                                                                                    | CUSIP: 000000000<br>LEI: 836800JRNL2393Z2I561 | Long             | EC               | CORP              | CN        |     246000 | NS      | $1126295.51   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| TVS Motor Co Ltd                                             | TVS Motor Co Ltd                                                                                                                             | CUSIP: 000000000<br>LEI: 335800URVL13UQEWM152 | Long             | EC               | CORP              | IN        |       2302 | NS      | $95396.01     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| International Games System Co Ltd                            | International Games System Co Ltd                                                                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |       3000 | NS      | $68830.91     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd                                   | Samsung Electronics Co Ltd                                                                                                                   | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |      77395 | NS      | $6486854.06   | 4.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Hanwha Aerospace Co Ltd                                      | Hanwha Aerospace Co Ltd                                                                                                                      | CUSIP: 000000000<br>LEI: 9884001NSUA8FQKQWR25 | Long             | EC               | CORP              | KR        |         76 | NS      | $49631.77     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd                                   | Samsung Electronics Co Ltd                                                                                                                   | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |       2978 | NS      | $184846.89    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| BAPCO ENERGIES BSCC                                          | Bapco Energies BSC Closed                                                                                                                    | CUSIP: 67778NAA6<br>LEI: 549300OBH16L6TS6IW50 | Long             | DBT              | CORP              | BH        |     259000 | PA      | $267790.46    | 0.18%             | 2027-10-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd                    | Taiwan Semiconductor Manufacturing Co Ltd                                                                                                    | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     223750 | NS      | $10998942.57  | 7.31%             |  |  |  | No            |                  2 | On Loan: No      |
| United Microelectronics Corp                                 | United Microelectronics Corp                                                                                                                 | CUSIP: 000000000<br>LEI: 391200YJCAGH9LF96P73 | Long             | EC               | CORP              | TW        |      62000 | NS      | $96818.33     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| PT PERTAMINA (PERSERO)                                       | Pertamina Persero PT                                                                                                                         | CUSIP: 69370RAL1<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |     200000 | PA      | $177625.00    | 0.12%             | 2031-02-09      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Panama Government International Bonds                        | Panama Government International Bonds                                                                                                        | CUSIP: 698299BL7<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     370000 | PA      | $244385.00    | 0.16%             | 2060-07-23      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| Panama Government International Bonds                        | Panama Government International Bonds                                                                                                        | CUSIP: 698299BM5<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     252000 | PA      | $188748.00    | 0.13%             | 2056-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Yageo Corp                                                   | Yageo Corp                                                                                                                                   | CUSIP: 000000000<br>LEI: 5493001P0TOZH7GGNQ21 | Long             | EC               | CORP              | TW        |       5000 | NS      | $36650.35     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Yang Ming Marine Transport Corp                              | Yang Ming Marine Transport Corp                                                                                                              | CUSIP: 000000000<br>LEI: 254900WG2ACWNVSP6E13 | Long             | EC               | CORP              | TW        |      54000 | NS      | $95482.95     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| OPAP SA                                                      | OPAP SA                                                                                                                                      | CUSIP: 000000000<br>LEI: 213800M4NRGFJCI34834 | Long             | EC               | CORP              | GR        |      50354 | NS      | $1130261.99   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| PETROLEOS MEXICANOS                                          | Petroleos Mexicanos                                                                                                                          | CUSIP: 71654QBE1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     271000 | PA      | $204520.99    | 0.14%             | 2044-06-27      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                          | Petroleos Mexicanos                                                                                                                          | CUSIP: 71654QBR2<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     300000 | PA      | $240876.00    | 0.16%             | 2045-01-23      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                          | Petroleos Mexicanos                                                                                                                          | CUSIP: 71654QBX9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | US        |     297000 | PA      | $222156.00    | 0.15%             | 2046-01-23      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                          | Petroleos Mexicanos                                                                                                                          | CUSIP: 71654QCL4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     462000 | PA      | $362623.80    | 0.24%             | 2048-02-12      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                          | Petroleos Mexicanos                                                                                                                          | CUSIP: 71654QCP5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     337000 | PA      | $342897.50    | 0.23%             | 2029-01-23      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                          | Petroleos Mexicanos                                                                                                                          | CUSIP: 71654QDD1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |      75000 | PA      | $67225.50     | 0.04%             | 2050-01-23      | Fixed         | 7.69%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                          | Petroleos Mexicanos                                                                                                                          | CUSIP: 71654QDL3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     175000 | PA      | $187619.25    | 0.12%             | 2029-06-02      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| PETRONAS CAPITAL LTD                                         | Petronas Capital Ltd                                                                                                                         | CUSIP: 716743AW9<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |     310000 | PA      | $322533.30    | 0.21%             | 2035-04-03      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| PhosAgro PJSC                                                | PhosAgro PJSC                                                                                                                                | CUSIP: 71922G308<br>LEI: 25340053KRUNNYUWF472 | Long             | EC               | CORP              | RU        |       4393 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| PHOSAGRO PJSC                                                | PHOSAGRO PJSC                                                                                                                                | CUSIP: 71922G407<br>LEI: 25340053KRUNNYUWF472 | Long             | EC               | CORP              | RU        |         28 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| PDD Holdings Inc                                             | PDD Holdings Inc                                                                                                                             | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | KY        |        801 | NS      | $90825.39     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PORT OF SPAIN WATERFRONT                                     | Port Of Spain Waterfront Development                                                                                                         | CUSIP: 73500YAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | TT        |     193333 | PA      | $192387.93    | 0.13%             | 2040-02-19      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| RAIZEN FUELS FINANCE                                         | Raizen Fuels Finance SA                                                                                                                      | CUSIP: 75102XAF3<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $168044.66    | 0.11%             | 2032-07-08      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                                      | Romanian Government International Bond                                                                                                       | CUSIP: 77586RAT7<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     160000 | PA      | $164963.28    | 0.11%             | 2029-01-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                                      | Romanian Government International Bond                                                                                                       | CUSIP: 77586RAY6<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     208000 | PA      | $214256.64    | 0.14%             | 2030-09-16      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SK hynix Inc                                                 | SK hynix Inc                                                                                                                                 | CUSIP: 78392B107<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |        740 | NS      | $334928.45    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                                  | Long: IS2NIX4   IRS R03.62PSOFR 06/06/28 MSNYUS33XXX FIXED / Short: IS2NIX4   IRS PSOFRR03.62 06/06/28 MSNYUS33XXX FLOAT                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |    5420000 | OU      | $18172.56     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of South Africa Government International Bonds      | Republic of South Africa Government International Bonds                                                                                      | CUSIP: 836205AX2<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | US        |     568000 | PA      | $480121.88    | 0.32%             | 2047-09-27      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SURINAME INT                                     | Suriname Government International Bond                                                                                                       | CUSIP: 86886PAE2<br>LEI: 254900SYU4G5JM13TN77 | Long             | DBT              | NUSS              | SR        |     325000 | PA      | $335806.25    | 0.22%             | 2030-11-06      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                                  | Long: IS2Z5K6   IRS R03.13PSOFR 09/13/29 MSNYUS33XXX FIXED / Short: IS2Z5K6   IRS PSOFRR03.13 09/13/29 MSNYUS33XXX FLOAT                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |    1910000 | OU      | $-21902.65    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| TRANSNET/SOUTH AFRICA                                        | Transnet/South Africa                                                                                                                        | CUSIP: 89378TAD5<br>LEI: 378900B07CD6F01EA796 | Long             | DBT              | CORP              | ZA        |     204000 | PA      | $215538.75    | 0.14%             | 2028-02-06      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| TRANSPORT DE GAS DEL SUR                                     | Transportadora de Gas del Sur SA                                                                                                             | CUSIP: 893870AZ8<br>LEI: 5299002TRC7IFQYSW596 | Long             | DBT              | CORP              | AR        |      41000 | PA      | $40451.01     | 0.03%             | 2035-11-20      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Turkiye Government International Bonds                       | Turkiye Government International Bonds                                                                                                       | CUSIP: 900123CG3<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     200000 | PA      | $186200.00    | 0.12%             | 2045-02-17      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Turkiye Government International Bonds                       | Turkiye Government International Bonds                                                                                                       | CUSIP: 900123DC1<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     328000 | PA      | $328480.26    | 0.22%             | 2031-06-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKIYE                                          | Turkiye Government International Bond                                                                                                        | CUSIP: 900123DQ0<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     200000 | PA      | $212890.00    | 0.14%             | 2032-05-29      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKIYE                                          | Turkiye Government International Bond                                                                                                        | CUSIP: 900123DR8<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     200000 | PA      | $206000.00    | 0.14%             | 2035-09-16      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| TURK IHRACAT KR BK                                           | Turkiye Ihracat Kredi Bankasi AS                                                                                                             | CUSIP: 90015LAH0<br>LEI: 789000JVRVYLAXGDWR11 | Long             | DBT              | NUSS              | TR        |     200000 | PA      | $210062.00    | 0.14%             | 2027-01-28      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| TURK IHRACAT KR BK                                           | Turkiye Ihracat Kredi Bankasi AS                                                                                                             | CUSIP: 90015LAK3<br>LEI: 789000JVRVYLAXGDWR11 | Long             | DBT              | NUSS              | TR        |     200000 | PA      | $206500.00    | 0.14%             | 2028-07-03      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                                           | Ukraine Government International Bond                                                                                                        | CUSIP: 903724CA8<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      89085 | PA      | $54119.14     | 0.04%             | 2034-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                                           | Ukraine Government International Bond                                                                                                        | CUSIP: 903724CB6<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |       2075 | PA      | $1234.63      | 0.00%             | 2035-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                                           | Ukraine Government International Bond                                                                                                        | CUSIP: 903724CC4<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      62476 | PA      | $36548.46     | 0.02%             | 2036-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                                        | Mexico Government International Bond                                                                                                         | CUSIP: 91087BBL3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     285000 | PA      | $281508.75    | 0.19%             | 2035-09-22      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                       | U.S. Treasury Bills                                                                                                                          | CUSIP: 912797PD3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |    1700000 | PA      | $1696632.98   | 1.13%             | 2026-01-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                       | U.S. Treasury Bills                                                                                                                          | CUSIP: 912797RU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |    6630000 | PA      | $6593585.39   | 4.38%             | 2026-02-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                       | U.S. Treasury Bills                                                                                                                          | CUSIP: 912797SC2<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |    3000000 | PA      | $2975653.20   | 1.98%             | 2026-03-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                              | Long: IS37QT7   CDX 2I65BZFI8 01.000 SP 12/20/2030 MSNYUS33XXX FIXED / Short: IS37QT7   CDX 2I65BZFI8 01.000 SP 12/20/2030 MSNYUS33XXX FLOAT | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |    1910000 | OU      | $-20038.08    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| UZBEKISTAN INTL BOND                                         | Republic of Uzbekistan International Bond                                                                                                    | CUSIP: 91822Q2J5<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |     448000 | PA      | $482021.12    | 0.32%             | 2032-05-25      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED                                        | Vale Overseas Ltd                                                                                                                            | CUSIP: 91911TAT0<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $199560.00    | 0.13%             | 2056-02-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                                  | Long: IS38UL0   IRS R13.185PBRL-CDI 01/02/31 CITIGROUP FIXED / Short: IS38UL0   IRS PBRL-CDIR13.185 01/02/31 CITIGROUP FLOAT                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | BR        |    4176211 | OU      | $-2247.19     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                                  | Long: IS38WH0   IRS R13.50PBRL-CDI 01/02/31 MORGAN STAN FIXED / Short: IS38WH0   IRS PBRL-CDIR13.50 01/02/31 MORGAN STAN FLOAT               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | BR        |     916000 | OU      | $831.90       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                                  | Long: IS38WV4   IRS R13.50PBRL-CDI 01/02/31 MORGAN STAN FIXED / Short: IS38WV4   IRS PBRL-CDIR13.50 01/02/31 MORGAN STAN FLOAT               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | BR        |    3338430 | OU      | $3048.64      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Alliance Bernstein                                           | AB Fixed Income Shares, Inc. - Government Money Market Portfolio                                                                             | CUSIP: 000000000<br>LEI: 5493006YWHO7MNK2U579 | Long             | STIV             | RF                | US        |     222500 | NS      | $222500.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| VOLCAN CIA MINERA SAA-CM                                     | Volcan Cia Minera SAA                                                                                                                        | CUSIP: 92863UAD8<br>LEI: 549300XKJ91C4SZLG750 | Long             | DBT              | CORP              | PE        |      77000 | PA      | $79012.01     | 0.05%             | 2032-10-28      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC                          | PURCHASED USD / SOLD PHP                                                                                                                     | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | US        |          1 | NC      | $7387.49      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Sino Biopharmaceutical Ltd                                   | Sino Biopharmaceutical Ltd                                                                                                                   | CUSIP: 000000000<br>LEI: 529900LPR4ADFEJAR786 | Long             | EC               | CORP              | HK        |    2170000 | NS      | $1726534.22   | 1.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Ping An Insurance Group Co of China Ltd                      | Ping An Insurance Group Co of China Ltd                                                                                                      | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |      25500 | NS      | $214192.47    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Ashok Leyland Ltd                                            | Ashok Leyland Ltd                                                                                                                            | CUSIP: 000000000<br>LEI: 3358001BZKWERVWYCK35 | Long             | EC               | CORP              | IN        |      40837 | NS      | $81406.17     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Emaar Properties PJSC                                        | Emaar Properties PJSC                                                                                                                        | CUSIP: 000000000<br>LEI: 254900YWYEXYXK1BMP81 | Long             | EC               | CORP              | AE        |     505407 | NS      | $1928908.06   | 1.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Itau Unibanco Holding SA                                     | Itau Unibanco Holding SA                                                                                                                     | CUSIP: 000000000<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EC               | CORP              | BR        |     319887 | NS      | $2286190.87   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Otomotiv Sanayi AS                                      | Ford Otomotiv Sanayi AS                                                                                                                      | CUSIP: 000000000<br>LEI: 7890006XJG6ZE2H34671 | Long             | EC               | CORP              | TR        |      43280 | NS      | $93313.02     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Turkiye Garanti Bankasi AS                                   | Turkiye Garanti Bankasi AS                                                                                                                   | CUSIP: 000000000<br>LEI: 5493002XSS7K7RHN1V37 | Long             | EC               | CORP              | TR        |      13446 | NS      | $44834.68     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Turkiye Petrol Rafinerileri AS                               | Turkiye Petrol Rafinerileri AS                                                                                                               | CUSIP: 000000000<br>LEI: 789000RCNG97UV50EE03 | Long             | EC               | CORP              | TR        |      19967 | NS      | $85656.24     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| COSCO SHIPPING Holdings Co Ltd                               | COSCO SHIPPING Holdings Co Ltd                                                                                                               | CUSIP: 000000000<br>LEI: 3003009XI0QGYYA29S17 | Long             | EC               | CORP              | CN        |      51500 | NS      | $90924.88     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| China Construction Bank Corp                                 | China Construction Bank Corp                                                                                                                 | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | EC               | CORP              | CN        |     351000 | NS      | $347423.66    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Aldar Properties PJSC                                        | Aldar Properties PJSC                                                                                                                        | CUSIP: 000000000<br>LEI: 98450048CD8AEF13B480 | Long             | EC               | CORP              | AE        |      58058 | NS      | $137408.30    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Etihad Etisalat Co                                           | Etihad Etisalat Co                                                                                                                           | CUSIP: 000000000<br>LEI: 2549007BA9ABDE3HVK79 | Long             | EC               | CORP              | SA        |      10133 | NS      | $178040.05    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| SABIC Agri-Nutrients Co                                      | SABIC Agri-Nutrients Co                                                                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |       2981 | NS      | $87895.22     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| PTT Exploration & Production PCL                             | PTT Exploration & Production PCL                                                                                                             | CUSIP: 000000000<br>LEI: 2549001O8YYGP5N7Q076 | Long             | EC               | CORP              | TH        |       1600 | NS      | $5738.77      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Magnit PJSC                                                  | Magnit PJSC                                                                                                                                  | CUSIP: 000000000<br>LEI: 2534009KKPTVL99W2Y12 | Long             | EC               | CORP              | RU        |       1178 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Emirates Integrated Telecommunications Co PJSC               | Emirates Integrated Telecommunications Co PJSC                                                                                               | CUSIP: 000000000<br>LEI: 254900USBXS6XN200K29 | Long             | EC               | CORP              | AE        |       4343 | NS      | $11588.43     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kumba Iron Ore Ltd                                           | Kumba Iron Ore Ltd                                                                                                                           | CUSIP: 000000000<br>LEI: 3789006C753402643048 | Long             | EC               | CORP              | ZA        |       4651 | NS      | $98713.98     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                                      | Mexican Bonos                                                                                                                                | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    9814000 | PA      | $579772.64    | 0.39%             | 2036-11-20      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Fufeng Group Ltd                                             | Fufeng Group Ltd                                                                                                                             | CUSIP: 000000000<br>LEI: 549300OQ91X6COVM4483 | Long             | EC               | CORP              | KY        |      38000 | NS      | $38569.47     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Power Finance Corp Ltd                                       | Power Finance Corp Ltd                                                                                                                       | CUSIP: 000000000<br>LEI: 3358003Q6D9LIJJZ1614 | Long             | EC               | CORP              | IN        |      23548 | NS      | $93145.98     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Indian Bank                                                  | Indian Bank                                                                                                                                  | CUSIP: 000000000<br>LEI: 5493008JR8FCVQ6FJL94 | Long             | EC               | CORP              | IN        |      10329 | NS      | $96206.95     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| CMOC Group Ltd                                               | CMOC Group Ltd                                                                                                                               | CUSIP: 000000000<br>LEI: 2549008KG3638J59U652 | Long             | EC               | CORP              | CN        |      15000 | NS      | $37267.84     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| China CITIC Bank Corp Ltd                                    | China CITIC Bank Corp Ltd                                                                                                                    | CUSIP: 000000000<br>LEI: 300300C1030211000384 | Long             | EC               | CORP              | CN        |     117000 | NS      | $104406.09    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Ecopetrol SA                                                 | Ecopetrol SA                                                                                                                                 | CUSIP: 000000000<br>LEI: 254900IDGKCJICKBPA66 | Long             | EC               | CORP              | CO        |     182781 | NS      | $90430.01     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Manila Electric Co                                           | Manila Electric Co                                                                                                                           | CUSIP: 000000000<br>LEI: 254900RDFLCM12O8SK69 | Long             | EC               | CORP              | PH        |       9510 | NS      | $92784.43     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Bosideng International Holdings Ltd                          | Bosideng International Holdings Ltd                                                                                                          | CUSIP: 000000000<br>LEI: 254900G7F1RDM4B3S169 | Long             | EC               | CORP              | KY        |     610000 | NS      | $350004.18    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Emirates NBD Bank PJSC                                       | Emirates NBD Bank PJSC                                                                                                                       | CUSIP: 000000000<br>LEI: 54930029BCN8HF3B1286 | Long             | EC               | CORP              | AE        |     167391 | NS      | $1269304.84   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Uni-President China Holdings Ltd                             | Uni-President China Holdings Ltd                                                                                                             | CUSIP: 000000000<br>LEI: 529900JUA05094TOKA73 | Long             | EC               | CORP              | KY        |      15000 | NS      | $15669.37     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sime Darby Bhd                                               | Sime Darby Bhd                                                                                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     189300 | NS      | $100217.56    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| China Pacific Insurance Group Co Ltd                         | China Pacific Insurance Group Co Ltd                                                                                                         | CUSIP: 000000000<br>LEI: 529900BA5ILEL308WX03 | Long             | EC               | CORP              | CN        |      22600 | NS      | $102490.73    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Bajaj Auto Ltd                                               | Bajaj Auto Ltd                                                                                                                               | CUSIP: 000000000<br>LEI: 335800DLAO5NCNN8G863 | Long             | EC               | CORP              | IN        |        912 | NS      | $94863.20     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Alamtri Resources Indonesia Tbk PT                           | Alamtri Resources Indonesia Tbk PT                                                                                                           | CUSIP: 000000000<br>LEI: 529900P2WAH7XA87OI24 | Long             | EC               | CORP              | ID        |     841700 | NS      | $91213.88     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi Arabian Mining Co                                      | Saudi Arabian Mining Co                                                                                                                      | CUSIP: 000000000<br>LEI: 254900R4HAVLB4GY9713 | Long             | EC               | CORP              | SA        |       5169 | NS      | $83962.52     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Sinopharm Group Co Ltd                                       | Sinopharm Group Co Ltd                                                                                                                       | CUSIP: 000000000<br>LEI: 529900N54X78YH9JYK92 | Long             | EC               | CORP              | CN        |       9200 | NS      | $23005.01     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Muthoot Finance Ltd                                          | Muthoot Finance Ltd                                                                                                                          | CUSIP: 000000000<br>LEI: 335800HAMJMBFL4RRF02 | Long             | EC               | CORP              | IN        |       4705 | NS      | $199457.16    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| China Hongqiao Group Ltd                                     | China Hongqiao Group Ltd                                                                                                                     | CUSIP: 000000000<br>LEI: 3003009Q4IBFSDE24571 | Long             | EC               | CORP              | KY        |     449000 | NS      | $1885676.19   | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Chow Tai Fook Jewellery Group Ltd                            | Chow Tai Fook Jewellery Group Ltd                                                                                                            | CUSIP: 000000000<br>LEI: 254900VXRL7SRSF44G79 | Long             | EC               | CORP              | KY        |      43600 | NS      | $69657.65     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Coal India Ltd                                               | Coal India Ltd                                                                                                                               | CUSIP: 000000000<br>LEI: 335800NLJQZNHM9LBB31 | Long             | EC               | CORP              | IN        |       8066 | NS      | $35830.10     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Maxis Bhd                                                    | Maxis Bhd                                                                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |      85000 | NS      | $79331.75     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Sberbank of Russia PJSC                                      | Sberbank of Russia PJSC                                                                                                                      | CUSIP: 000000000<br>LEI: 549300WE6TAF5EEWQS81 | Long             | EC               | CORP              | RU        |     138696 | NS      | $0.14         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| New China Life Insurance Co Ltd                              | New China Life Insurance Co Ltd                                                                                                              | CUSIP: 000000000<br>LEI: 300300F2001111000095 | Long             | EC               | CORP              | CN        |      92800 | NS      | $650229.35    | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF VENEZUELA                                        | Venezuela Government International Bond                                                                                                      | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |     254100 | PA      | $80676.75     | 0.05%             | 2022-08-23      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| LEBANESE REPUBLIC                                            | Lebanon Government International Bond                                                                                                        | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     216000 | PA      | $49680.00     | 0.03%             | 2022-10-04      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Agricultural Bank of China Ltd                               | Agricultural Bank of China Ltd                                                                                                               | CUSIP: 000000000<br>LEI: 549300E7TSGLCOVSY746 | Long             | EC               | CORP              | CN        |     122000 | NS      | $90758.74     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Powszechny Zaklad Ubezpieczen SA                             | Powszechny Zaklad Ubezpieczen SA                                                                                                             | CUSIP: 000000000<br>LEI: QLPCKOOKVX32FUELX240 | Long             | EC               | CORP              | PL        |       5294 | NS      | $97989.04     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Far East Horizon Ltd                                         | Far East Horizon Ltd                                                                                                                         | CUSIP: 000000000<br>LEI: 549300S9XRGO1ZPUHE62 | Long             | EC               | CORP              | HK        |      90000 | NS      | $92988.99     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF VENEZUELA                                        | Venezuela Government International Bond                                                                                                      | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |     264500 | PA      | $84111.00     | 0.06%             | 2031-08-05      | Fixed         | 11.95%                | No            |                  2 | On Loan: No      |
| Astra International Tbk PT                                   | Astra International Tbk PT                                                                                                                   | CUSIP: 000000000<br>LEI: 529900L49TRJOMG4DK47 | Long             | EC               | CORP              | ID        |     228100 | NS      | $91549.54     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| People's Insurance Co Group of China Ltd/The                 | People's Insurance Co Group of China Ltd/The                                                                                                 | CUSIP: 000000000<br>LEI: 3003000P2JHYHQ524P66 | Long             | EC               | CORP              | CN        |     589000 | NS      | $511661.99    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                                     | Republic of South Africa Government Bond                                                                                                     | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    7532000 | PA      | $438436.54    | 0.29%             | 2048-02-28      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Alior Bank SA                                                | Alior Bank SA                                                                                                                                | CUSIP: 000000000<br>LEI: 259400QHDOZWMJ103294 | Long             | EC               | CORP              | PL        |       2718 | NS      | $83425.94     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| LEBANESE REPUBLIC                                            | Lebanon Government International Bond                                                                                                        | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |      36000 | PA      | $8280.00      | 0.01%             | 2023-01-27      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BB Seguridade Participacoes SA                               | BB Seguridade Participacoes SA                                                                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |      14000 | NS      | $92479.09     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                                       | Egypt Government International Bond                                                                                                          | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     224000 | PA      | $219547.62    | 0.15%             | 2047-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Moneta Money Bank AS                                         | Moneta Money Bank AS                                                                                                                         | CUSIP: 000000000<br>LEI: I6USJ58BDV2BO5KP3C31 | Long             | EC               | CORP              | CZ        |      10101 | NS      | $94926.84     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| HD Hyundai Electric Co Ltd                                   | HD Hyundai Electric Co Ltd                                                                                                                   | CUSIP: 000000000<br>LEI: 988400CSDKM9UHLHGB91 | Long             | EC               | CORP              | KR        |        167 | NS      | $89687.06     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| HD Hyundai Co Ltd                                            | HD Hyundai Co Ltd                                                                                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |        629 | NS      | $82330.24     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Beijing Oriental Yuhong Waterproof Technology Co Ltd         | Beijing Oriental Yuhong Waterproof Technology Co Ltd                                                                                         | CUSIP: 000000000<br>LEI: 300300XMIXB7STDZWT60 | Long             | EC               | CORP              | CN        |      51200 | NS      | $99811.87     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Sungrow Power Supply Co Ltd                                  | Sungrow Power Supply Co Ltd                                                                                                                  | CUSIP: 000000000<br>LEI: 30030052IWC7RGVFG505 | Long             | EC               | CORP              | CN        |      22800 | NS      | $559040.58    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| 37 Interactive Entertainment Network Technology Group Co Ltd | 37 Interactive Entertainment Network Technology Group Co Ltd                                                                                 | CUSIP: 000000000<br>LEI: 300300BE4IFCPHCUMI94 | Long             | EC               | CORP              | CN        |      31600 | NS      | $106950.14    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Midea Group Co Ltd                                           | Midea Group Co Ltd                                                                                                                           | CUSIP: 000000000<br>LEI: 3003003TRPHLHZD2IF61 | Long             | EC               | CORP              | CN        |     106800 | NS      | $1196258.86   | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Weichai Power Co Ltd                                         | Weichai Power Co Ltd                                                                                                                         | CUSIP: 000000000<br>LEI: 529900OKTPKBG85F9502 | Long             | EC               | CORP              | CN        |      13600 | NS      | $33528.73     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ABU DHABI CRUDE OIL                                          | Abu Dhabi Crude Oil Pipeline LLC                                                                                                             | CUSIP: 000000000<br>LEI: 549300DONDFW2383FV66 | Long             | DBT              | CORP              | AE        |     200000 | PA      | $185866.00    | 0.12%             | 2047-11-02      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Henan Shenhuo Coal Industry & Electricity Power Co Ltd       | Henan Shenhuo Coal Industry & Electricity Power Co Ltd                                                                                       | CUSIP: 000000000<br>LEI: 300300GF8XK44CSHXV64 | Long             | EC               | CORP              | CN        |      25300 | NS      | $99527.01     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Shanghai Co Ltd                                      | Bank of Shanghai Co Ltd                                                                                                                      | CUSIP: 000000000<br>LEI: 300300C1091231000098 | Long             | EC               | CORP              | CN        |      50400 | NS      | $72972.28     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TRINIDAD & TOBAGO                                            | Trinidad & Tobago Government International Bond                                                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | TT        |     200000 | PA      | $198200.00    | 0.13%             | 2026-08-04      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Emaar Development PJSC                                       | Emaar Development PJSC                                                                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AE        |     272873 | NS      | $1125194.15   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Old Mutual Ltd                                               | Old Mutual Ltd                                                                                                                               | CUSIP: 000000000<br>LEI: 213800MON84ZWWPQCN47 | Long             | EC               | CORP              | ZA        |      73831 | NS      | $66430.07     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| REPUBLIC OF SENEGAL                                          | Senegal Government International Bond                                                                                                        | CUSIP: 000000000<br>LEI: 549300NP14ZLQGWIUZ97 | Long             | DBT              | NUSS              | SN        |     200000 | PA      | $106500.00    | 0.07%             | 2048-03-13      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                                          | Nigeria Government International Bond                                                                                                        | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     200000 | PA      | $188646.00    | 0.13%             | 2047-11-28      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| EMPRESA NACIONAL DEL PET                                     | Empresa Nacional del Petroleo                                                                                                                | CUSIP: 000000000<br>LEI: 549300YP3P0JZBLIV197 | Long             | DBT              | NUSS              | CL        |     300000 | PA      | $252231.00    | 0.17%             | 2047-09-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                                      | Romanian Government International Bond                                                                                                       | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     186000 | PA      | $153833.16    | 0.10%             | 2048-06-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Wiwynn Corp                                                  | Wiwynn Corp                                                                                                                                  | CUSIP: 000000000<br>LEI: 254900FV2R15PMKXFL69 | Long             | EC               | CORP              | TW        |       1000 | NS      | $142466.63    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Absa Group Ltd                                               | Absa Group Ltd                                                                                                                               | CUSIP: 000000000<br>LEI: 2138006IPPRD4N6XLT30 | Long             | EC               | CORP              | ZA        |       7245 | NS      | $104711.07    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| ASE Technology Holding Co Ltd                                | ASE Technology Holding Co Ltd                                                                                                                | CUSIP: 000000000<br>LEI: 300300GO8QHPMV87NZ73 | Long             | EC               | CORP              | TW        |      28000 | NS      | $220777.81    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC Asset Management Co Ltd                                 | HDFC Asset Management Co Ltd                                                                                                                 | CUSIP: 000000000<br>LEI: 3358002FLK8AK8WSEP31 | Long             | EC               | CORP              | IN        |      75563 | NS      | $2249980.03   | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                                       | Egypt Government International Bond                                                                                                          | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     600000 | PA      | $638370.00    | 0.42%             | 2029-03-01      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| Polycab India Ltd                                            | Polycab India Ltd                                                                                                                            | CUSIP: 000000000<br>LEI: 335800ZAL1L11ERZVW68 | Long             | EC               | CORP              | IN        |        522 | NS      | $44170.34     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Contemporary Amperex Technology Co Ltd                       | Contemporary Amperex Technology Co Ltd                                                                                                       | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |       9400 | NS      | $495150.96    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF PARAGUAY                                         | Paraguay Government International Bond                                                                                                       | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     249000 | PA      | $233032.88    | 0.15%             | 2050-03-30      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Vamos Locacao de Caminhoes Maquinas e Equipamentos SA        | Vamos Locacao de Caminhoes Maquinas e Equipamentos SA                                                                                        | CUSIP: 000000000<br>LEI: 9845004ADLE5510G4A37 | Long             | EC               | CORP              | BR        |     117100 | NS      | $68605.12     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                                       | Egypt Government International Bond                                                                                                          | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     200000 | PA      | $208126.00    | 0.14%             | 2032-01-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| HDFC Bank Ltd                                                | HDFC Bank Ltd                                                                                                                                | CUSIP: 000000000<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |       4347 | NS      | $48020.85     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| XP Inc                                                       | XP Inc                                                                                                                                       | CUSIP: 000000000<br>LEI: 5493008KDA8NBZRJST80 | Long             | EC               | CORP              | KY        |       4658 | NS      | $76251.46     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NOTA DO TESOURO NACIONAL                                     | Brazil Notas do Tesouro Nacional Serie F                                                                                                     | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    3030000 | PA      | $486392.77    | 0.32%             | 2031-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd                                    | Alibaba Group Holding Ltd                                                                                                                    | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |      67300 | NS      | $1235692.76   | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| TITULOS DE TESORERIA                                         | Colombian TES                                                                                                                                | CUSIP: 000000000<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        | 3116900000 | PA      | $524967.47    | 0.35%             | 2036-07-09      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                                           | Ukraine Government International Bond                                                                                                        | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     110413 | PA      | $82533.72     | 0.05%             | 2029-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                                           | Ukraine Government International Bond                                                                                                        | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     119461 | PA      | $72572.56     | 0.05%             | 2034-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                                           | Ukraine Government International Bond                                                                                                        | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     150917 | PA      | $88286.45     | 0.06%             | 2036-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                                           | Ukraine Government International Bond                                                                                                        | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     150851 | PA      | $85230.82     | 0.06%             | 2035-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                                           | Ukraine Government International Bond                                                                                                        | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     179661 | PA      | $106898.30    | 0.07%             | 2035-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ANGOLA                                           | Angolan Government International Bond                                                                                                        | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     740000 | PA      | $722808.84    | 0.48%             | 2029-11-26      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| NetEase Inc                                                  | NetEase Inc                                                                                                                                  | CUSIP: 000000000<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | KY        |      87100 | NS      | $2397444.43   | 1.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Caixa Seguridade Participacoes S/A                           | Caixa Seguridade Participacoes S/A                                                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |      30400 | NS      | $92098.92     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                                     | Saudi Government International Bond                                                                                                          | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |     262000 | PA      | $166926.65    | 0.11%             | 2061-02-02      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                                       | Egypt Government International Bond                                                                                                          | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     353000 | PA      | $362594.54    | 0.24%             | 2033-09-30      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR                                          | Ecuador Government International Bond                                                                                                        | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |     308954 | PA      | $305555.51    | 0.20%             | 2030-07-31      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR                                          | Ecuador Government International Bond                                                                                                        | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |     162698 | PA      | $143336.94    | 0.10%             | 2035-07-31      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                                         | Tencent Holdings Ltd                                                                                                                         | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |      88800 | NS      | $6814826.31   | 4.53%             |  |  |  | No            |                  2 | On Loan: No      |
| ROMANIA                                                      | Romanian Government International Bond                                                                                                       | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |      94000 | PA      | $85383.96     | 0.06%             | 2031-02-14      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                                      | Romanian Government International Bond                                                                                                       | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     210000 | PA      | $143350.03    | 0.10%             | 2051-02-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Eicher Motors Ltd                                            | Eicher Motors Ltd                                                                                                                            | CUSIP: 000000000<br>LEI: 25490059S64CN2OY7239 | Long             | EC               | CORP              | IN        |       1183 | NS      | $96319.06     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                                         | Colombia Government International Bond                                                                                                       | CUSIP: 000000000<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     151000 | PA      | $166586.07    | 0.11%             | 2036-02-19      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| MR DIY Group M Bhd                                           | MR DIY Group M Bhd                                                                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |      28000 | NS      | $10541.75     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Oman Government International Bonds                          | Oman Government International Bonds                                                                                                          | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |     200000 | PA      | $229190.00    | 0.15%             | 2032-10-28      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| NU Holdings Ltd/Cayman Islands                               | NU Holdings Ltd/Cayman Islands                                                                                                               | CUSIP: 000000000<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | KY        |       4234 | NS      | $70877.16     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Pop Mart International Group Ltd                             | Pop Mart International Group Ltd                                                                                                             | CUSIP: 000000000<br>LEI: 9845000A05E8F937E337 | Long             | EC               | CORP              | KY        |      35200 | NS      | $849260.81    | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| TIM SA/Brazil                                                | TIM SA/Brazil                                                                                                                                | CUSIP: 000000000<br>LEI: 529900QI0CH1DN5ZCS77 | Long             | EC               | CORP              | BR        |     446700 | NS      | $1733627.80   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| IVORY COAST                                                  | Ivory Coast Government International Bond                                                                                                    | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     271000 | PA      | $293102.76    | 0.19%             | 2033-01-30      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| ISLAMIC REP OF PAKISTAN                                      | Pakistan Government International Bond                                                                                                       | CUSIP: 000000000<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |     200000 | PA      | $196356.00    | 0.13%             | 2051-04-08      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| China Pacific Insurance Group Co Ltd                         | China Pacific Insurance Group Co Ltd                                                                                                         | CUSIP: 000000000<br>LEI: 529900BA5ILEL308WX03 | Long             | EC               | CORP              | CN        |      11100 | NS      | $66735.84     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| New China Life Insurance Co Ltd                              | New China Life Insurance Co Ltd                                                                                                              | CUSIP: 000000000<br>LEI: 300300F2001111000095 | Long             | EC               | CORP              | CN        |      20300 | NS      | $202900.38    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Guanghui Energy Co Ltd                                       | Guanghui Energy Co Ltd                                                                                                                       | CUSIP: 000000000<br>LEI: 300300763Q4WLOKZPD04 | Long             | EC               | CORP              | CN        |      25900 | NS      | $18254.02     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Zijin Mining Group Co Ltd                                    | Zijin Mining Group Co Ltd                                                                                                                    | CUSIP: 000000000<br>LEI: 836800JRNL2393Z2I561 | Long             | EC               | CORP              | CN        |     151700 | NS      | $748038.73    | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Aluminum Corp of China Ltd                                   | Aluminum Corp of China Ltd                                                                                                                   | CUSIP: 000000000<br>LEI: 529900TKZUWQLIQN6T48 | Long             | EC               | CORP              | CN        |      34200 | NS      | $59783.98     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Jiangxi Copper Co Ltd                                        | Jiangxi Copper Co Ltd                                                                                                                        | CUSIP: 000000000<br>LEI: 3003002E74YFQ6MEZY56 | Long             | EC               | CORP              | CN        |      10000 | NS      | $78692.04     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Huayu Automotive Systems Co Ltd                              | Huayu Automotive Systems Co Ltd                                                                                                              | CUSIP: 000000000<br>LEI: 3003001J2BNVV78BOT83 | Long             | EC               | CORP              | CN        |     207700 | NS      | $595420.68    | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| COSCO SHIPPING Holdings Co Ltd                               | COSCO SHIPPING Holdings Co Ltd                                                                                                               | CUSIP: 000000000<br>LEI: 3003009XI0QGYYA29S17 | Long             | EC               | CORP              | CN        |      44600 | NS      | $97032.29     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| CMOC Group Ltd                                               | CMOC Group Ltd                                                                                                                               | CUSIP: 000000000<br>LEI: 2549008KG3638J59U652 | Long             | EC               | CORP              | CN        |      36500 | NS      | $104669.98    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Zhejiang Chint Electrics Co Ltd                              | Zhejiang Chint Electrics Co Ltd                                                                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      17300 | NS      | $69137.58     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Yutong Bus Co Ltd                                            | Yutong Bus Co Ltd                                                                                                                            | CUSIP: 000000000<br>LEI: 300300OMPRVW0Q75F037 | Long             | EC               | CORP              | CN        |     362099 | NS      | $1697387.73   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SooChow Securities Co Ltd                                    | SooChow Securities Co Ltd                                                                                                                    | CUSIP: 000000000<br>LEI: 300300E1008532000098 | Long             | EC               | CORP              | CN        |      73300 | NS      | $95246.37     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Hisense Visual Technology Co Ltd                             | Hisense Visual Technology Co Ltd                                                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      97400 | NS      | $339210.27    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Western Mining Co Ltd                                        | Western Mining Co Ltd                                                                                                                        | CUSIP: 000000000<br>LEI: 300300QBV4A9N1NDK519 | Long             | EC               | CORP              | CN        |      25800 | NS      | $102271.95    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Shandong Nanshan Aluminum Co Ltd                             | Shandong Nanshan Aluminum Co Ltd                                                                                                             | CUSIP: 000000000<br>LEI: 836800YU5J3RT2VPUO65 | Long             | EC               | CORP              | CN        |     266700 | NS      | $205590.65    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Yunnan Yuntianhua Co Ltd                                     | Yunnan Yuntianhua Co Ltd                                                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     272500 | NS      | $1304939.87   | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                                          | Nigeria Government International Bond                                                                                                        | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     407000 | PA      | $408721.61    | 0.27%             | 2028-09-28      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                                          | Nigeria Government International Bond                                                                                                        | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     565000 | PA      | $601781.50    | 0.40%             | 2029-03-24      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                                         | Colombia Government International Bond                                                                                                       | CUSIP: 000000000<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     112000 | PA      | $127344.67    | 0.08%             | 2038-11-26      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TVS MOTOR COMPANY                                            | TVS Motor Co Ltd                                                                                                                             | CUSIP: 000000000<br>LEI: 335800URVL13UQEWM152 | Long             | EP               | CORP              | IN        |       6972 | NS      | $775.71       | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| SCB X PCL                                                    | SCB X PCL                                                                                                                                    | CUSIP: 000000000<br>LEI: 254900TG41KIWX7VDO42 | Long             | EC               | CORP              | TH        |      22200 | NS      | $97946.36     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| HUNGARY                                                      | Hungary Government International Bond                                                                                                        | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |     310000 | PA      | $309745.68    | 0.21%             | 2036-03-26      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TC ZIRAAT BANKASI AS                                         | TC Ziraat Bankasi AS                                                                                                                         | CUSIP: 000000000<br>LEI: 213800K5KTZFSUS8MR51 | Long             | DBT              | CORP              | TR        |     200000 | PA      | $211936.00    | 0.14%             | 2029-01-16      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                                      | Mexican Bonos                                                                                                                                | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    8437200 | PA      | $398873.52    | 0.26%             | 2053-07-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BANK LEUMI LE-ISRAEL                                         | Bank Leumi Le-Israel BM                                                                                                                      | CUSIP: 000000000<br>LEI: 7JDSZWRGUQY2DSTWCR57 | Long             | DBT              | CORP              | IL        |     200000 | PA      | $208789.09    | 0.14%             | 2033-07-18      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                                            | Ghana Government International Bond                                                                                                          | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |      37505 | PA      | $33133.01     | 0.02%             | 2030-01-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                                            | Ghana Government International Bond                                                                                                          | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     249000 | PA      | $227269.57    | 0.15%             | 2035-07-03      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                                      | Romanian Government International Bond                                                                                                       | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     280000 | PA      | $309157.10    | 0.21%             | 2037-02-10      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| TRANSNET/SOUTH AFRICA                                        | Transnet/South Africa                                                                                                                        | CUSIP: 000000000<br>LEI: 378900B07CD6F01EA796 | Long             | DBT              | CORP              | ZA        |     200000 | PA      | $211312.50    | 0.14%             | 2028-02-06      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Hindustan Aeronautics Ltd                                    | Hindustan Aeronautics Ltd                                                                                                                    | CUSIP: 000000000<br>LEI: 335800AKDC7T933T3I86 | Long             | EC               | CORP              | IN        |       1667 | NS      | $81480.87     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| CREDICORP CAPITAL SOCIED                                     | Credicorp Capital Sociedad Titulizadora SA                                                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |     500000 | PA      | $159917.88    | 0.11%             | 2043-12-15      | Fixed         | 10.10%                | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                                        | Sri Lanka Government International Bond                                                                                                      | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     147127 | PA      | $140874.22    | 0.09%             | 2028-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                                        | Sri Lanka Government International Bond                                                                                                      | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     377443 | PA      | $323185.57    | 0.21%             | 2033-03-15      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                                        | Sri Lanka Government International Bond                                                                                                      | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |      55036 | PA      | $49876.38     | 0.03%             | 2036-05-15      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                                        | Sri Lanka Government International Bond                                                                                                      | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     110119 | PA      | $99932.99     | 0.07%             | 2038-02-15      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ZAMBIA                                           | Zambia Government International Bond                                                                                                         | CUSIP: 000000000<br>LEI: 213800DMLAZ6LGMMD849 | Long             | DBT              | NUSS              | ZM        |     153191 | PA      | $150606.58    | 0.10%             | 2033-06-30      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ZAMBIA                                           | Zambia Government International Bond                                                                                                         | CUSIP: 000000000<br>LEI: 213800DMLAZ6LGMMD849 | Long             | DBT              | NUSS              | ZM        |     132347 | PA      | $93615.70     | 0.06%             | 2053-12-31      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Shriram Finance Ltd                                          | Shriram Finance Ltd                                                                                                                          | CUSIP: 000000000<br>LEI: 335800TM2YO24B76XL26 | Long             | EC               | CORP              | IN        |      10011 | NS      | $111165.39    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Canara Bank                                                  | Canara Bank                                                                                                                                  | CUSIP: 000000000<br>LEI: 335800E4RH82Z8XC3C30 | Long             | EC               | CORP              | IN        |     752583 | NS      | $1297934.35   | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| State Bank of India                                          | State Bank of India                                                                                                                          | CUSIP: 000000000<br>LEI: 5493001JZ37UBBZF6L49 | Long             | EC               | CORP              | IN        |      20893 | NS      | $228736.62    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| ICICI Bank Ltd                                               | ICICI Bank Ltd                                                                                                                               | CUSIP: 000000000<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |     173649 | NS      | $2598931.90   | 1.73%             |  |  |  | No            |                  2 | On Loan: No      |
| MBRF Global Foods Co SA                                      | MBRF Global Foods Co SA                                                                                                                      | CUSIP: 000000000<br>LEI: 391200219USWMOBN3F92 | Long             | EC               | CORP              | BR        |      25100 | NS      | $91518.41     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Baroda                                               | Bank of Baroda                                                                                                                               | CUSIP: 000000000<br>LEI: 549300CQ6M9Q0TJEZR23 | Long             | EC               | CORP              | IN        |     273081 | NS      | $901479.27    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Piraeus Bank SA                                              | Piraeus Bank SA                                                                                                                              | CUSIP: 000000000<br>LEI: 213800OYHR1MPQ5VJL60 | Long             | EC               | CORP              | GR        |      94168 | NS      | $751866.38    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| COMISION FEDERAL DE ELEC                                     | Comision Federal de Electricidad                                                                                                             | CUSIP: 000000000<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |     186600 | PA      | $172893.30    | 0.11%             | 2036-09-29      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Abu Dhabi National Oil Co for Distribution PJSC              | Abu Dhabi National Oil Co for Distribution PJSC                                                                                              | CUSIP: 000000000<br>LEI: 213800YI1ZIOJB3HLB11 | Long             | EC               | CORP              | AE        |      21822 | NS      | $23172.23     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Jiangsu Co Ltd                                       | Bank of Jiangsu Co Ltd                                                                                                                       | CUSIP: 000000000<br>LEI: 300300C1086832000046 | Long             | EC               | CORP              | CN        |      60800 | NS      | $90644.80     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Polyus PJSC                                                  | Polyus PJSC                                                                                                                                  | CUSIP: 73181M117<br>LEI: 549300FUXVT7TF6ZKV71 | Long             | EC               | CORP              | RU        |        284 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| LEBANESE REPUBLIC                                            | Lebanon Government International Bond                                                                                                        | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     481000 | PA      | $110630.00    | 0.07%             | 2027-03-23      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| Banco BTG Pactual SA                                         | Banco BTG Pactual SA                                                                                                                         | CUSIP: 000000000<br>LEI: ZXLTQRYIK6IJH3R0IK66 | Long             | EC               | CORP              | BR        |      97900 | NS      | $937869.30    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Capital Services LLC                          | PURCHASED BRL / SOLD USD                                                                                                                     | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | BR        |          1 | NC      | $-5511.56     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                            | PURCHASED USD / SOLD ZAR                                                                                                                     | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |          1 | NC      | $-24167.17    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank, National Association                               | PURCHASED USD / SOLD BRL                                                                                                                     | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |          1 | NC      | $1531.99      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CHAMPION MTN LTD                                             | CHAMPION MTN LTD REGD REG S EMTN                                                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     200000 | PA      | $173018.27    | 0.11%             | 2030-06-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                       | PURCHASED USD / SOLD MYR                                                                                                                     | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | US        |          1 | NC      | $-1002.37     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank, National Association                               | PURCHASED USD / SOLD BRL                                                                                                                     | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |          1 | NC      | $-22005.35    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Brown Brothers Harriman & Co.                                | PURCHASED USD / SOLD TRY                                                                                                                     | CUSIP: 000000000<br>LEI: 5493006KMX1VFTPYPW14 | N/A              | DFE              |  | US        |          1 | NC      | $-805.97      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America, National Association                        | PURCHASED USD / SOLD CLP                                                                                                                     | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |          1 | NC      | $-93294.02    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| AEGEA FINANCE SARL                                           | Aegea Finance Sarl                                                                                                                           | CUSIP: 000000000<br>LEI: 213800V6WTKUT1XWIZ47 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $190918.82    | 0.13%             | 2036-01-20      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF JORDAN                                            | KINGDOM OF JORDAN REGD REG S                                                                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | JO        |     330000 | PA      | $343407.90    | 0.23%             | 2028-01-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| HAZINE MUSTESARLIGI VARL                                     | HAZINE MUSTESARLIGI VARL REGD REG S                                                                                                          | CUSIP: 000000000<br>LEI: 6354003QFJP7RDXEOZ20 | Long             | DBT              | NUSS              | TR        |     210000 | PA      | $219809.32    | 0.15%             | 2030-09-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LEVIATHAN BOND LTD                                           | Leviathan Bond Ltd                                                                                                                           | CUSIP: 000000000<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |      42457 | PA      | $43107.02     | 0.03%             | 2030-06-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank, National Association                    | PURCHASED PEN / SOLD USD                                                                                                                     | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | PE        |          1 | NC      | $573.32       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS                                          | Braskem Netherlands Finance BV                                                                                                               | CUSIP: 000000000<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |     400000 | PA      | $165108.00    | 0.11%             | 2028-01-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GREENKO DUTCH BV                                             | Greenko Dutch BV                                                                                                                             | CUSIP: 000000000<br>LEI: 724500PT585P4JPVRP08 | Long             | DBT              | CORP              | NL        |     346000 | PA      | $342972.50    | 0.23%             | 2026-03-29      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                                    | Prosus NV                                                                                                                                    | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |     200000 | PA      | $159187.93    | 0.11%             | 2052-01-19      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                               | PURCHASED USD / SOLD MXN                                                                                                                     | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |          1 | NC      | $-2141.82     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank, National Association                    | PURCHASED PEN / SOLD USD                                                                                                                     | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | PE        |          1 | NC      | $542.28       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                       | PURCHASED USD / SOLD MYR                                                                                                                     | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | US        |          1 | NC      | $-14121.62    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF EL SALVADOR                                      | El Salvador Government International Bond                                                                                                    | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     506000 | PA      | $538277.74    | 0.36%             | 2029-02-28      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| El Salvador Government International Bonds                   | El Salvador Government International Bonds                                                                                                   | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     200000 | PA      | $229000.00    | 0.15%             | 2054-11-21      | Fixed         | 9.65%                 | No            |                  2 | On Loan: No      |
| AES PANAMA GENERATION HL                                     | AES Panama Generation Holdings SRL                                                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | PA        |     186702 | PA      | $174416.84    | 0.12%             | 2030-05-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BANCO NACIONAL DE PANAMA                                     | Banco Nacional de Panama                                                                                                                     | CUSIP: 000000000<br>LEI: 529900H2Q7WMDKKIW109 | Long             | DBT              | CORP              | PA        |     200000 | PA      | $176828.00    | 0.12%             | 2030-08-11      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Corp. Nacional del Cobre de Chile                            | Corp. Nacional del Cobre de Chile                                                                                                            | CUSIP: 000000000<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $142010.00    | 0.09%             | 2050-01-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Corp. Nacional del Cobre de Chile                            | Corp. Nacional del Cobre de Chile                                                                                                            | CUSIP: 000000000<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $208796.00    | 0.14%             | 2034-01-08      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                                           | Dominican Republic International Bond                                                                                                        | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     133333 | PA      | $137666.67    | 0.09%             | 2027-04-20      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Dominican Republic International Bonds                       | Dominican Republic International Bonds                                                                                                       | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     355000 | PA      | $358550.00    | 0.24%             | 2027-01-25      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                                           | Dominican Republic International Bond                                                                                                        | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     150000 | PA      | $144358.50    | 0.10%             | 2032-09-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Dominican Republic International Bonds                       | Dominican Republic International Bonds                                                                                                       | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     219000 | PA      | $224300.26    | 0.15%             | 2033-02-22      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Dominican Republic International Bonds                       | Dominican Republic International Bonds                                                                                                       | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     150000 | PA      | $161325.00    | 0.11%             | 2037-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Costa Rica Government International Bonds                    | Costa Rica Government International Bonds                                                                                                    | CUSIP: 000000000<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |     200000 | PA      | $221626.00    | 0.15%             | 2045-03-12      | Fixed         | 7.16%                 | No            |                  2 | On Loan: No      |
| PETROLEOS DE VENEZUELA S                                     | Petroleos de Venezuela SA                                                                                                                    | CUSIP: 000000000<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | CORP              | VE        |     706100 | PA      | $163024.37    | 0.11%             | 2027-04-12      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| PETROLEOS DE VENEZUELA S                                     | Petroleos de Venezuela SA                                                                                                                    | CUSIP: 000000000<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | CORP              | VE        |     128444 | PA      | $32933.65     | 0.02%             | 2025-03-31      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| ORBIA ADVANCE CORP SAB                                       | Orbia Advance Corp SAB de CV                                                                                                                 | CUSIP: 000000000<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $194022.00    | 0.13%             | 2035-05-13      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SOCIEDAD QUIMICA Y MINER                                     | Sociedad Quimica y Minera de Chile SA                                                                                                        | CUSIP: 000000000<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $202106.00    | 0.13%             | 2034-09-10      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                       | PURCHASED USD / SOLD CLP                                                                                                                     | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | US        |          1 | NC      | $-8648.58     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                            | PURCHASED USD / SOLD CNH                                                                                                                     | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |          1 | NC      | $-166196.76   | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                       | PURCHASED USD / SOLD TWD                                                                                                                     | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | US        |          1 | NC      | $335.23       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                            | PURCHASED USD / SOLD PLN                                                                                                                     | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |          1 | NC      | $3670.28      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank, National Association                               | PURCHASED INR / SOLD USD                                                                                                                     | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | IN        |          1 | NC      | $-34061.56    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC                          | PURCHASED USD / SOLD IDR                                                                                                                     | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | US        |          1 | NC      | $1759.98      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                             | PURCHASED USD / SOLD COP                                                                                                                     | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | US        |          1 | NC      | $-18814.80    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Brown Brothers Harriman & Co.                                | PURCHASED USD / SOLD TRY                                                                                                                     | CUSIP: 000000000<br>LEI: 5493006KMX1VFTPYPW14 | N/A              | DFE              |  | US        |          1 | NC      | $-2314.60     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| STILLWATER MINING CO                                         | Stillwater Mining Co                                                                                                                         | CUSIP: 000000000<br>LEI: 6354007DPCY4ZN2MRR73 | Long             | DBT              | CORP              | US        |     200000 | PA      | $198250.00    | 0.13%             | 2026-11-16      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                             | PURCHASED HUF / SOLD USD                                                                                                                     | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | HU        |          1 | NC      | $-2143.04     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| IVORY COAST                                                  | Ivory Coast Government International Bond                                                                                                    | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |      93396 | PA      | $93912.16     | 0.06%             | 2032-12-31      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| SENEGAL                                                      | REPUBLIC OF SENEGAL REGD REG S SER 7Y                                                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | SN        |     482000 | PA      | $284982.50    | 0.19%             | 2031-06-10      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Bank of America, National Association                        | PURCHASED INR / SOLD USD                                                                                                                     | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | IN        |          1 | NC      | $2687.24      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC                          | PURCHASED USD / SOLD PEN                                                                                                                     | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | US        |          1 | NC      | $-1152.49     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ROMANIA                                                      | Romanian Government International Bond                                                                                                       | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     238000 | PA      | $217398.72    | 0.14%             | 2032-03-27      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| ROMANIAN GOVERNMENT INTERNATIONAL BOND                       | ROMANIA REGD REG S                                                                                                                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     134000 | PA      | $132352.14    | 0.09%             | 2035-03-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HUNGARY REGD                                                 | HUNGARY REGD REG S                                                                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | HU        |     200000 | PA      | $212000.00    | 0.14%             | 2052-09-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ADANI PORTS AND SPECIAL                                      | Adani Ports & Special Economic Zone Ltd                                                                                                      | CUSIP: 000000000<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $177400.00    | 0.12%             | 2031-02-02      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| PETRONAS CAPITAL LTD                                         | Petronas Capital Ltd                                                                                                                         | CUSIP: 000000000<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |     322000 | PA      | $218647.66    | 0.15%             | 2061-04-28      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-30

**Name of Applicant:** AB CAP FUND, INC.

**Signature:** Stephen Woetzel

**Name of Signer:** Stephen Woetzel

**Title:** Controller