# EDGAR Filing Document

**Accession Number:** 0001644419
**File Stem:** 0000910472-26-005505
**Filing Date:** 2026-4
**Character Count:** 52818
**Document Hash:** 62368aadd9d0ec7ca9ff6279622a62f5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-005505.hdr.sgml**: 20260422

**ACCESSION NUMBER**: 0000910472-26-005505

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260422

**DATE AS OF CHANGE**: 20260422

**PERIOD START**: 20261130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Northern Lights Fund Trust IV
- **CENTRAL INDEX KEY:** 0001644419

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0916

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23066
- **FILM NUMBER:** 26883563

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 402-895-1600

**MAIL ADDRESS:**
- **STREET 1:** 17605 WRIGHT STREET
- **STREET 2:** SUITE 200
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68154-1150

## Series and Classes Contracts Data

### National Security Emerging Markets Index ETF (Series ID: S000079901)

| Class ID   | Class Name                                   | Ticker Symbol   |
|:---|:---|:---|
| C000241373 | National Security Emerging Markets Index ETF | NSI             |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **NATIONAL SECURITY EMERGING MARKETS INDEX ETF** | **NATIONAL SECURITY EMERGING MARKETS INDEX ETF** | **NATIONAL SECURITY EMERGING MARKETS INDEX ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 96.3%** |  |
|  | **AEROSPACE & DEFENSE - 0.3%** |  |
| 1712 | Embraer S.A. - ADR | &nbsp;&nbsp;&nbsp; $123641 |
|  | **ASSET MANAGEMENT - 0.5%** |  |
| 8758 | XP, Inc., Class A | &nbsp;&nbsp;&nbsp; 188560 |
|  | **AUTOMOTIVE - 1.5%** |  |
| 10452 | Li Auto, Inc., Class A - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 183851 |
| 30925 | NIO, Inc. - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 150605 |
| 13712 | XPeng, Inc. - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 240782 |
|  |  | &nbsp;&nbsp; 575238 |
|  | **BANKING - 16.0%** |  |
| 57798 | Banco Bradesco S.A. - ADR | &nbsp;&nbsp;&nbsp; 236394 |
| 6445 | Banco de Chile - ADR | &nbsp;&nbsp;&nbsp; 264761 |
| 11236 | Banco Santander Brasil S.A. - ADR | &nbsp;&nbsp;&nbsp; 73146 |
| 7047 | Banco Santander Chile - ADR | &nbsp;&nbsp;&nbsp; 238964 |
| 30103 | Bank Central Asia Tbk P.T. - ADR | &nbsp;&nbsp;&nbsp; 319092 |
| 17728 | Bank Rakyat Indonesia Persero Tbk P.T. - ADR | &nbsp;&nbsp;&nbsp; 203517 |
| 61152 | China Construction Bank Corporation - ADR | &nbsp;&nbsp;&nbsp; 1240164 |
| 823 | Credicorp Ltd. | &nbsp;&nbsp;&nbsp; 285070 |
| 8147 | Grupo Aval Acciones y Valores S.A. - ADR | &nbsp;&nbsp;&nbsp; 33321 |
| 3697 | Grupo Cibest S.A. - ADR | &nbsp;&nbsp;&nbsp; 250952 |
| 19752 | HDFC Bank Ltd. - ADR | &nbsp;&nbsp;&nbsp; 629101 |
| 15165 | ICICI Bank Ltd. - ADR | &nbsp;&nbsp;&nbsp; 462684 |
| 805 | Intercorp Financial Services, Inc. | &nbsp;&nbsp;&nbsp; 38946 |
| 38476 | Itau Unibanco Holding S.A. - ADR | &nbsp;&nbsp;&nbsp; 348208 |
| 4801 | KB Financial Group, Inc. - ADR | &nbsp;&nbsp;&nbsp; 528110 |
| 15951 | NU Holdings Ltd./Cayman Islands, Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 238946 |
| 6321 | Shinhan Financial Group Company Ltd. - ADR | &nbsp;&nbsp;&nbsp; 422306 |
| 5798 | Woori Financial Group, Inc. - ADR | &nbsp;&nbsp;&nbsp; 435198 |
|  |  | &nbsp;&nbsp; 6248880 |
|  | **BEVERAGES - 1.8%** |  |
| 100899 | Ambev S.A. - ADR | &nbsp;&nbsp;&nbsp; 318841 |
| 1453 | Coca-Cola Femsa S.A.B. de C.V. - ADR | &nbsp;&nbsp;&nbsp; 161501 |

---

---

| | | |
|:---|:---|:---|
| **NATIONAL SECURITY EMERGING MARKETS INDEX ETF** | **NATIONAL SECURITY EMERGING MARKETS INDEX ETF** | **NATIONAL SECURITY EMERGING MARKETS INDEX ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 96.3% (Continued)** |  |
|  | **BEVERAGES - 1.8% (Continued)** |  |
| 1859 | Fomento Economico Mexicano S.A.B. de C.V. - ADR | &nbsp;&nbsp;&nbsp; $208803 |
|  |  | &nbsp;&nbsp; 689145 |
|  | **BIOTECH & PHARMA - 2.6%** |  |
| 1828 | BeOne Medicines Ltd. - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 579458 |
| 17676 | Dr Reddy's Laboratories Ltd. - ADR | &nbsp;&nbsp;&nbsp; 254181 |
| 7022 | HUTCHMED China Ltd. - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 100625 |
| 4326 | Zai Lab Ltd. - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 83146 |
|  |  | &nbsp;&nbsp; 1017410 |
|  | **CHEMICALS - 0.5%** |  |
| 14411 | Sasol Ltd. - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 128546 |
| 743 | Sociedad Quimica y Minera de Chile S.A. - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 56691 |
|  |  | &nbsp;&nbsp; 185237 |
|  | **CONSTRUCTION MATERIALS - 0.4%** |  |
| 13249 | Cemex S.A.B. de C.V. - ADR | &nbsp;&nbsp;&nbsp; 165745 |
|  | **CONSUMER SERVICES - 0.3%** |  |
| 929 | New Oriental Education & Technology Group, Inc. - ADR | &nbsp;&nbsp;&nbsp; 50770 |
| 8012 | TAL Education Group - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 84366 |
|  |  | &nbsp;&nbsp; 135136 |
|  | **E-COMMERCE DISCRETIONARY - 4.5%** |  |
| 7258 | Coupang, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 138483 |
| 288 | MercadoLibre, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 506182 |
| 9226 | PDD Holdings, Inc. - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 957013 |
| 7645 | Vipshop Holdings Ltd. - ADR | &nbsp;&nbsp;&nbsp; 133176 |
|  |  | &nbsp;&nbsp; 1734854 |
|  | **ELECTRIC UTILITIES - 1.4%** |  |
| 1396 | Axia Energia S.A. - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16375 |
| 5536 | Centrais Eletricas Brasileiras S.A. - ADR | &nbsp;&nbsp;&nbsp; 66875 |
| 27168 | Cia Energetica de Minas Gerais - ADR | &nbsp;&nbsp;&nbsp; 64388 |
| 7089 | Companhia Paranaense de Energia - ADR | &nbsp;&nbsp;&nbsp; 82162 |
| 23829 | Enel Chile S.A. - ADR | &nbsp;&nbsp;&nbsp; 99367 |
| 10946 | Korea Electric Power Corporation - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 213446 |
|  |  | &nbsp;&nbsp; 542613 |

---

---

| | | |
|:---|:---|:---|
| **NATIONAL SECURITY EMERGING MARKETS INDEX ETF** | **NATIONAL SECURITY EMERGING MARKETS INDEX ETF** | **NATIONAL SECURITY EMERGING MARKETS INDEX ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 96.3% (Continued)** |  |
|  | **ENTERTAINMENT CONTENT - 2.7%** |  |
| 15820 | Bilibili, Inc. - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $441378 |
| 5151 | NetEase, Inc. - ADR | &nbsp;&nbsp;&nbsp; 592210 |
|  |  | &nbsp;&nbsp; 1033588 |
|  | **FOOD - 0.3%** |  |
| 7547 | JBS N.V., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 127469 |
|  | **FORESTRY, PAPER & WOOD PRODUCTS - 0.1%** |  |
| 3469 | Suzano S.A. - ADR | &nbsp;&nbsp;&nbsp; 39304 |
|  | **GAS & WATER UTILITIES - 0.2%** |  |
| 2067 | Cia de Saneamento Basico do Estado de Sao Paulo - ADR | &nbsp;&nbsp;&nbsp; 62031 |
|  | **INSURANCE - 2.4%** |  |
| 53095 | Ping An Insurance Group Company of China Ltd. - ADR | &nbsp;&nbsp;&nbsp; 919074 |
|  | **INTERNET MEDIA & SERVICES - 4.6%** |  |
| 4358 | Autohome, Inc. - ADR | &nbsp;&nbsp;&nbsp; 83586 |
| 8132 | Kanzhun Ltd. - ADR | &nbsp;&nbsp;&nbsp; 130763 |
| 12709 | KE Holdings, Inc., Institutional Class - ADR | &nbsp;&nbsp;&nbsp; 209063 |
| 22088 | Meituan - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 454129 |
| 63737 | Naspers Ltd., Class N - ADR | &nbsp;&nbsp;&nbsp; 712580 |
| 3793 | Trip.com Group Ltd. - ADR | &nbsp;&nbsp;&nbsp; 199588 |
|  |  | &nbsp;&nbsp; 1789709 |
|  | **LEISURE FACILITIES & SERVICES - 0.8%** |  |
| 2180 | Atour Lifestyle Holdings Ltd. - ADR | &nbsp;&nbsp;&nbsp; 85609 |
| 2214 | H World Group Ltd. - ADR | &nbsp;&nbsp;&nbsp; 121327 |
| 2468 | Yum China Holdings, Inc. | &nbsp;&nbsp;&nbsp; 135518 |
|  |  | &nbsp;&nbsp; 342454 |
|  | **METALS & MINING - 6.0%** |  |
| 3570 | Anglogold Ashanti plc | &nbsp;&nbsp;&nbsp; 456139 |
| 2936 | Cia de Minas Buenaventura S.A.A. - ADR | &nbsp;&nbsp;&nbsp; 128215 |
| 2414 | DRDGOLD Ltd. - ADR | &nbsp;&nbsp;&nbsp; 93905 |
| 6831 | Gold Fields Ltd. - ADR | &nbsp;&nbsp;&nbsp; 401936 |

---

---

| | | |
|:---|:---|:---|
| **NATIONAL SECURITY EMERGING MARKETS INDEX ETF** | **NATIONAL SECURITY EMERGING MARKETS INDEX ETF** | **NATIONAL SECURITY EMERGING MARKETS INDEX ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 96.3% (Continued)** |  |
|  | **METALS & MINING - 6.0% (Continued)** |  |
| 5252 | Harmony Gold Mining Company Ltd. - ADR | &nbsp;&nbsp;&nbsp; $119483 |
| 10229 | Impala Platinum Holdings Ltd. - ADR | &nbsp;&nbsp;&nbsp; 226470 |
| 4262 | Sibanye Stillwater Ltd. - ADR | &nbsp;&nbsp;&nbsp; 75480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31875 | Vale S.A. - ADR | &nbsp;&nbsp;&nbsp; 547612 |
| 14574 | Valterra Platinum Ltd. - ADR | &nbsp;&nbsp;&nbsp; 283610 |
|  |  | &nbsp;&nbsp; 2332850 |
|  | **OIL & GAS PRODUCERS - 3.7%** |  |
| 13322 | Cosan S.A. - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 66077 |
| 23995 | Petroleo Brasileiro S.A. - ADR | &nbsp;&nbsp;&nbsp; 399037 |
| 13183 | Reliance Industries Ltd. - GDR<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 808117 |
| 21631 | Ultrapar Participacoes S.A. - ADR | &nbsp;&nbsp;&nbsp; 109237 |
| 935 | Vista Energy S.A.B. de C.V. - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 53987 |
|  |  | &nbsp;&nbsp; 1436455 |
|  | **RETAIL - DISCRETIONARY - 0.2%** |  |
| 3568 | MINISO Group Holding Ltd. - ADR | &nbsp;&nbsp;&nbsp; 64295 |
|  | **SEMICONDUCTORS - 19.2%** |  |
| 47084 | ASE Technology Holding Company Ltd. - ADR | &nbsp;&nbsp;&nbsp; 1143670 |
| 16452 | Taiwan Semiconductor Manufacturing Company Ltd. - ADR | &nbsp;&nbsp;&nbsp; 6162590 |
| 14219 | United Microelectronics Corporation - ADR | &nbsp;&nbsp;&nbsp; 148446 |
|  |  | &nbsp;&nbsp; 7454706 |
|  | **SOFTWARE - 0.3%** |  |
| 7117 | Sound Group, Inc. - ADR | &nbsp;&nbsp;&nbsp; 98286 |
|  | **SPECIALTY FINANCE - 0.2%** |  |
| 5952 | Qifu Technology, Inc. - ADR | &nbsp;&nbsp;&nbsp; 86661 |
|  | **STEEL - 2.0%** |  |
| 33290 | Gerdau S.A. - ADR | &nbsp;&nbsp;&nbsp; 134492 |
| 9295 | POSCO Holdings, Inc. - ADR | &nbsp;&nbsp;&nbsp; 646839 |
|  |  | &nbsp;&nbsp; 781331 |
|  | **TECHNOLOGY HARDWARE - 12.7%** |  |
| 455 | Fabrinet<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 248262 |
| 64445 | Hon Hai Precision Industry Company Ltd. - GDR | &nbsp;&nbsp;&nbsp; 986009 |

---

---

| | | |
|:---|:---|:---|
| **NATIONAL SECURITY EMERGING MARKETS INDEX ETF** | **NATIONAL SECURITY EMERGING MARKETS INDEX ETF** | **NATIONAL SECURITY EMERGING MARKETS INDEX ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 96.3% (Continued)** |  |
|  | **TECHNOLOGY HARDWARE - 12.7% (Continued)** |  |
| 1007 | Samsung Electronics Company Ltd. - GDR | &nbsp;&nbsp;&nbsp; $3667494 |
|  |  | &nbsp;&nbsp; 4901765 |
|  | **TECHNOLOGY SERVICES - 0.8%** |  |
| 15567 | Infosys Ltd. - ADR | &nbsp;&nbsp;&nbsp; 224787 |
| 3069 | StoneCompany Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 51559 |
| 14977 | Wipro Ltd. - ADR | &nbsp;&nbsp;&nbsp; 33249 |
|  |  | &nbsp;&nbsp; 309595 |
|  | **TELECOMMUNICATIONS - 6.7%** |  |
| 13822 | America Movil S.A.B. de C.V. - ADR | &nbsp;&nbsp;&nbsp; 359648 |
| 12680 | Chunghwa Telecom Company Ltd. - ADR | &nbsp;&nbsp;&nbsp; 548284 |
| 5336 | GDS Holdings Ltd. - ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 220430 |
| 17997 | KT Corporation - ADR | &nbsp;&nbsp;&nbsp; 428329 |
| 867 | Millicom International Cellular S.A. | &nbsp;&nbsp;&nbsp; 63196 |
| 5685 | PLDT, Inc. - ADR | &nbsp;&nbsp;&nbsp; 136042 |
| 16680 | SK Telecom Company Ltd. - ADR | &nbsp;&nbsp;&nbsp; 506071 |
| 3889 | Telefonica Brasil S.A. - ADR | &nbsp;&nbsp;&nbsp; 65763 |
| 5700 | Telkom Indonesia Persero Tbk P.T. - ADR | &nbsp;&nbsp;&nbsp; 121239 |
| 1658 | TIM S.A. - ADR | &nbsp;&nbsp;&nbsp; 45562 |
| 19141 | Turkcell Iletisim Hizmetleri A/S - ADR | &nbsp;&nbsp;&nbsp; 129010 |
|  |  | &nbsp;&nbsp; 2623574 |
|  | **TRANSPORTATION & LOGISTICS - 3.6%** |  |
| 40291 | Full Truck Alliance Company Ltd. - ADR | &nbsp;&nbsp;&nbsp; 377929 |
| 1488 | Grupo Aeroportuario del Centro Norte S.A.B. de C.V. - ADR | &nbsp;&nbsp;&nbsp; 181774 |
| 606 | Grupo Aeroportuario del Pacifico S.A.B. de C.V. - ADR | &nbsp;&nbsp;&nbsp; 158021 |
| 707 | Grupo Aeroportuario del Sureste SAB de C.V. - ADR | &nbsp;&nbsp;&nbsp; 254287 |
| 1011 | Latam Airlines Group S.A. - ADR | &nbsp;&nbsp;&nbsp; 56778 |
| 14234 | ZTO Express Cayman, Inc. - ADR | &nbsp;&nbsp;&nbsp; 347024 |
|  |  | &nbsp;&nbsp; 1375813 |
|  | **TOTAL COMMON STOCKS (Cost $28,016,264)** | &nbsp;&nbsp; 37385419 |
|  | **TOTAL INVESTMENTS - 96.3% (Cost $28,016,264)** | &nbsp;&nbsp;&nbsp; $37385419 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES - 3.7%** | &nbsp;&nbsp; 1456406 |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $38841825 |

---

---

| |
|:---|
| **NATIONAL SECURITY EMERGING MARKETS INDEX ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** |

---

---

| | |
|:---|:---|
| ADR | - American Depositary Receipt |
| A/S | - Anonim Sirketi |
| GDR | - Global Depositary Receipt |
| Ltd. | - Limited Company |
| N.V. | - Naamioze Vennootschap |
| plc | - Public Limited Company |
| P.T. | - Perseroan Terbatas |
| S.A. | - Société Anonyme |
| S.A.A. | - Société Anónima Abierta |
| S.A.B de C.V. | - Sociedad Anónima Bursátil de Capital Variable |

---

(a) Non-income producing security.

(b) Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933, as amended. The security may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of February 28, 2026, the total market value of Rule 144A securities is $808,117 or 2.1% of net assets.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Northern Lights Fund Trust IV

- **b. Investment Company Act file number:** 811-23066

- **c. CIK number of Registrant:** 0001644419

- **d. LEI of Registrant:** 549300UIBIHXQ3PDEC28

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

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 631-470-2600

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

- **a. Name of Series:** National Security Emerging Markets Index ETF

- **b. EDGAR series identifier (if any):** S000079901

- **c. LEI of Series:** 549300JH3P97OGSZI616

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

- **a. Date of fiscal year-end:** 2026-11-30

- **b. Date as of which information is reported:** 2026-02-28

**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:** $38863469.96

**Total Liabilities:** $21644.69

**Net Assets:** $38841825.27

**Cash Not Reported:** $203.47

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000241373 | 1.87%                | 7.16%                | 6.46%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $69335.78                | $432661.05                                 |
| Month 2  | $121.42                  | $2349179.13                                |
| Month 3  | $42042.06                | $2269972.46                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Woori Financial Group Inc.                                     | WOORI FI-ADR              | CUSIP: 981064108<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      5798 | NS      | $435197.88    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercadolibre Inc                                               | MERCADOLIBRE INC          | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |       288 | NS      | $506183.04    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Sound Group Inc.                                               | SOUND GROUP INC           | CUSIP: 53933L203<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      7117 | NS      | $98285.77     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Nu Holdings Ltd.                                               | NU HOLDINGS LT-A          | CUSIP: G6683N103<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | KY        |     15951 | NS      | $238945.98    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| TAL Education Group                                            | TAL EDUCATIO-ADR          | CUSIP: 874080104<br>LEI: 5493003PJZS0EC085V72 | Long             | EC               | CORP              | KY        |      8012 | NS      | $84366.36     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP | SABESP-ADR                | CUSIP: 20441A102<br>LEI: 254900UOXRZRS2TNWP19 | Long             | EC               | CORP              | BR        |      2067 | NS      | $62030.67     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Vipshop Holdings Ltd.                                          | VIPSHOP HOLD-ADR          | CUSIP: 92763W103<br>LEI: 549300I9F52K06HPZX60 | Long             | EC               | CORP              | KY        |      7645 | NS      | $133175.90    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Companhia Paranaense de Energia - COPEL                        | COPEL-ADR                 | CUSIP: 20441B704<br>LEI: 2549001AS1I9A71VG663 | Long             | EC               | CORP              | BR        |      7089 | NS      | $82161.51     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Ping An Insurance (Group) Company of China Ltd.                | PING AN INSU-ADR          | CUSIP: 72341E304<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |     53095 | NS      | $919074.45    | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Sociedad Quimica y Minera de Chile S A                         | QUIMICA Y-SP ADR          | CUSIP: 833635105<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | EC               | CORP              | CL        |       743 | NS      | $56690.90     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Telkom Indonesia(Persero) Tbk PT                               | TELEKOMUNIKA-ADR          | CUSIP: 715684106<br>LEI: 529900M5SQZAOKV1PC81 | Long             | EC               | CORP              | ID        |      5700 | NS      | $121239.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Centro Norte S.A.B. de C.V.            | GRUPO AEROPO-ADR          | CUSIP: 400501102<br>LEI: 529900HUSBARAFSXJ605 | Long             | EC               | CORP              | MX        |      1488 | NS      | $181774.08    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Gerdau SA                                                      | GERDAU SA-ADR             | CUSIP: 373737105<br>LEI: 254900YDV6SEQQPZVG24 | Long             | EC               | CORP              | BR        |     33290 | NS      | $134491.60    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Telecom Co Ltd                                              | SK TELEC-SPN ADR          | CUSIP: 78440P306<br>LEI: 9884003WEA1PHW006037 | Long             | EC               | CORP              | KR        |     16680 | NS      | $506071.20    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Ambev S.A.                                                     | AMBEV SA-ADR              | CUSIP: 02319V103<br>LEI: 549300TH5Q6VRP8OT012 | Long             | EC               | CORP              | BR        |    100899 | NS      | $318840.84    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Millicom International Cellular SA                             | MILLICOM INTL             | CUSIP: L6388F110<br>LEI: 549300CTHC1CP86P2G96 | Long             | EC               | CORP              | LU        |       867 | NS      | $63195.63     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Korea Electric Power Corp.                                     | KOREA ELEC P-ADR          | CUSIP: 500631106<br>LEI: 988400QG33WS7JEIV602 | Long             | EC               | CORP              | KR        |     10946 | NS      | $213447.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| ZTO Express (Cayman) Inc.                                      | ZTO EXPRESS -ADR          | CUSIP: 98980A105<br>LEI: 549300SCJPK3YZJTJR78 | Long             | EC               | CORP              | KY        |     14234 | NS      | $347024.92    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Bilibili Inc.                                                  | BILIBILI INC-ADR          | CUSIP: 090040106<br>LEI: 5493008V60M52L3PIS45 | Long             | EC               | CORP              | KY        |     15820 | NS      | $441378.00    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Cosan SA                                                       | COSAN -ADR                | CUSIP: 22113B103<br>LEI: 549300PGFCX2JMKKLC96 | Long             | EC               | CORP              | BR        |     13322 | NS      | $66077.12     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd.                   | TAIWAN SEMIC-ADR          | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     16452 | NS      | $6162590.16   | 15.87%            |  |  |  | No            |                  1 | On Loan: No      |
| United Microelectronics Corp.                                  | UNITED MICRO-ADR          | CUSIP: 910873405<br>LEI: 391200YJCAGH9LF96P73 | Long             | EC               | CORP              | TW        |     14219 | NS      | $148446.36    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Vista Energy S.A.B. de C.V.                                    | VISTA ENERGY SAB          | CUSIP: 92837L109<br>LEI: 549300UDOHP7958KNS89 | Long             | EC               | CORP              | MX        |       935 | NS      | $53986.90     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Companhia Energetica De Minas Gerais SA                        | CEMIG SA-ADR              | CUSIP: 204409601<br>LEI: 254900W703PXLDSEM056 | Long             | EC               | CORP              | BR        |     27168 | NS      | $64388.16     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| GDS Holdings Ltd.                                              | GDS HLDGS - ADR           | CUSIP: 36165L108<br>LEI: 391200MGV8DDCHTN2R77 | Long             | EC               | CORP              | KY        |      5336 | NS      | $220430.16    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| PLDT Inc.                                                      | PLDT INC-ADR              | CUSIP: 69344D408<br>LEI: 254900ADE8GQHM5P2648 | Long             | EC               | CORP              | PH        |      5685 | NS      | $136042.05    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Zai Lab Ltd.                                                   | ZAI LAB LTD-ADR           | CUSIP: 98887Q104<br>LEI: 549300P2UYQ9U5LY1T58 | Long             | EC               | CORP              | KY        |      4326 | NS      | $83145.72     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Compania de Minas Buenaventura S.A.A.                          | BUENAVENTURA-ADR          | CUSIP: 204448104<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | EC               | CORP              | PE        |      2936 | NS      | $128215.12    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| BeOne Medicines Ltd.                                           | BEONE MEDICINES           | CUSIP: 07725L102<br>LEI: 549300JFUK6FRD5MH739 | Long             | EC               | CORP              | CH        |      1828 | NS      | $579457.72    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Harmony Gold Mining Co Ltd                                     | HARMONY GOLD-ADR          | CUSIP: 413216300<br>LEI: 378900986D05F0C29811 | Long             | EC               | CORP              | ZA        |      5252 | NS      | $119483.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Santander-Chile                                          | BANCO SANTAN-ADR          | CUSIP: 05965X109<br>LEI: 3YJP8HORPAEXJ80D6368 | Long             | EC               | CORP              | CL        |      7047 | NS      | $238963.77    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| NIO Inc.                                                       | NIO INC - ADR             | CUSIP: 62914V106<br>LEI: 549300JBU4TV5OCKJV96 | Long             | EC               | CORP              | KY        |     30925 | NS      | $150604.75    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Dr. Reddy's Laboratories Ltd.                                  | DR. REDDY'S LABO          | CUSIP: 256135203<br>LEI: 335800OVDPY3DVZR2798 | Long             | EC               | CORP              | IN        |     17676 | NS      | $254180.88    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Shinhan Financial Group Co Ltd.                                | SHINHAN FINA-ADR          | CUSIP: 824596100<br>LEI: 988400EB8A6G49E5KO54 | Long             | EC               | CORP              | KR        |      6321 | NS      | $422306.01    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Centrais Elet Bras Sa Eletrobras                               | ELETROBRAS-ADR            | CUSIP: 15234Q207<br>LEI: 254900I8KYDELP4B4Z08 | Long             | EC               | CORP              | BR        |      5536 | NS      | $66874.88     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Sibanye-Stillwater Limited                                     | SIBANYE-STI-ADR           | CUSIP: 82575P107<br>LEI: 378900F238434B74D281 | Long             | EC               | CORP              | ZA        |      4262 | NS      | $75480.02     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| H World Group Ltd.                                             | H WORLD GROU-ADR          | CUSIP: 44332N106<br>LEI: 549300Y5ML31FVN83730 | Long             | EC               | CORP              | KY        |      2214 | NS      | $121327.20    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Embraer S.A.                                                   | EMBRAER SA-ADR            | CUSIP: 29082A107<br>LEI: 549300EM51WYXFHUY333 | Long             | EC               | CORP              | BR        |      1712 | NS      | $123640.64    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Coupang Inc.                                                   | COUPANG INC               | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | US        |      7258 | NS      | $138482.64    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Valterra Platinum Ltd.                                         | VALTERRA PLATINU          | CUSIP: 03486T202<br>LEI: 529900RORCZ0E5S5FX81 | Long             | EC               | CORP              | ZA        |     14574 | NS      | $283610.04    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd.                                    | SAMSUN-GDR REG S          | CUSIP: 796050888<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |      1007 | NS      | $3667494.00   | 9.44%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Sasol Ltd.                                                     | SASOL LTD-SP ADR          | CUSIP: 803866300<br>LEI: 378900F4544561A97588 | Long             | EC               | CORP              | ZA        |     14411 | NS      | $128546.12    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Sureste S.A.B. de C.V.                 | GRUPO AEROPO-ADR          | CUSIP: 40051E202<br>LEI: 5299001W7JIDXCUOUC82 | Long             | EC               | CORP              | MX        |       707 | NS      | $254286.69    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| ASE Technology Holding Co Ltd.                                 | ASE TECHN-ADR             | CUSIP: 00215W100<br>LEI: 300300GO8QHPMV87NZ73 | Long             | EC               | CORP              | TW        |     47084 | NS      | $1143670.36   | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| PDD Holdings Inc.                                              | PDD HOLDINGS INC          | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | KY        |      9226 | NS      | $957012.98    | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Santander (Brasil) S.A.                                  | BANCO SANTANDER           | CUSIP: 05967A107<br>LEI: 549300D1H731B30TSI43 | Long             | EC               | CORP              | BR        |     11236 | NS      | $73146.36     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aval Acciones y Valores SA                               | GRUPO AVAL ACCIO          | CUSIP: 40053W101<br>LEI: 549300BBUKBHWLSUZM17 | Long             | EC               | CORP              | CO        |      8147 | NS      | $33321.23     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Tim S A                                                        | TIM SA-ADR                | CUSIP: 88706T108<br>LEI: 529900QI0CH1DN5ZCS77 | Long             | EC               | CORP              | BR        |      1658 | NS      | $45561.84     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Centrais Elet Bras Sa Eletrobras                               | AXIA ENERGIA-ADR          | CUSIP: 15236F100<br>LEI: 254900I8KYDELP4B4Z08 | Long             | EC               | CORP              | BR        |      1396 | NS      | $16375.08     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Meituan LLC                                                    | MEITUAN-UNSP ADR          | CUSIP: 58533E103<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | KY        |     22088 | NS      | $454129.28    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Full Truck Alliance Co Ltd                                     | FULL TRUCK A-ADR          | CUSIP: 35969L108<br>LEI: 984500884LB1DP8DAC57 | Long             | EC               | CORP              | KY        |     40291 | NS      | $377929.58    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Itau Unibanco Holding SA                                       | ITAU UNIBANC-ADR          | CUSIP: 465562106<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EC               | CORP              | BR        |     38476 | NS      | $348207.80    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Credicorp Ltd.                                                 | CREDICORP LTD             | CUSIP: G2519Y108<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | EC               | CORP              | BM        |       823 | NS      | $285070.74    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| KT Corp.                                                       | KT CORP-ADR               | CUSIP: 48268K101<br>LEI: 9884005ACF8449EANY26 | Long             | EC               | CORP              | KR        |     17997 | NS      | $428328.60    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Autohome Inc.                                                  | AUTOHOME INC-ADR          | CUSIP: 05278C107<br>LEI: 529900NYB6ZGZN3MVT56 | Long             | EC               | CORP              | KY        |      4358 | NS      | $83586.44     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Enel Chile SA                                                  | ENEL CHILE-ADR            | CUSIP: 29278D105<br>LEI: 549300YM5CWCAUVOPB53 | Long             | EC               | CORP              | CL        |     23829 | NS      | $99366.93     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Impala Platinum Holdings Ltd                                   | IMPALA PLAT-ADR           | CUSIP: 452553308<br>LEI: 254900BZFIFB4PD2Z778 | Long             | EC               | CORP              | ZA        |     10229 | NS      | $226470.06    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                                       | FABRINET                  | CUSIP: G3323L100<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | KY        |       455 | NS      | $248261.65    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| America Movil S.A.B. de C.V.                                   | AMERICA MOVIL SA          | CUSIP: 02390A101<br>LEI: 5493000FNR3UCEAONM59 | Long             | EC               | CORP              | MX        |     13822 | NS      | $359648.44    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Qfin Holdings Inc.                                             | QFIN HOLDINGS IN          | CUSIP: 88557W101<br>LEI: 836800R59NKEPDR6I240 | Long             | EC               | CORP              | KY        |      5952 | NS      | $86661.12     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Li Auto Inc.                                                   | LI AUTO INC -ADR          | CUSIP: 50202M102<br>LEI: 2549003R73Q70J5H4I65 | Long             | EC               | CORP              | KY        |     10452 | NS      | $183850.68    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco de Chile                                                 | BANCO CHILE-ADR           | CUSIP: 059520106<br>LEI: 8B4EZFY8IHJC44TT2K84 | Long             | EC               | CORP              | CL        |      6445 | NS      | $264760.60    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd.                                                 | HDFC BANK-ADR             | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |     19752 | NS      | $629101.20    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercorp Financial Services Inc                               | INTERCORP FINANCIAL SERVI | CUSIP: P5626F128<br>LEI: 5299004181WFTEWB1398 | Long             | EC               | CORP              | PA        |       805 | NS      | $38945.90     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| DRDGOLD Limited                                                | DRDGOLD LTD-ADR           | CUSIP: 26152H301<br>LEI: 529900Z0P3GRRN23MG34 | Long             | EC               | CORP              | ZA        |      2414 | NS      | $93904.60     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultrapar Participacoes S.A.                                    | ULTRAPAR PA-ADR           | CUSIP: 90400P101<br>LEI: 529900FU4XBXGQMLRE72 | Long             | EC               | CORP              | BR        |     21631 | NS      | $109236.55    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglogold Ashanti PLC                                          | ANGLOGOLD ASHANT          | CUSIP: G0378L100<br>LEI: 2138005YDSA7A82RNU96 | Long             | EC               | CORP              | GB        |      3570 | NS      | $456138.90    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Stoneco Ltd                                                    | STONECO LTD-A             | CUSIP: G85158106<br>LEI: 549300O1A9LEF0XZCR35 | Long             | EC               | CORP              | KY        |      3069 | NS      | $51559.20     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| MINISO Group Holding Ltd.                                      | MINISO GROUP-ADR          | CUSIP: 66981J102<br>LEI: 2549006PIKT2YKNBL092 | Long             | EC               | CORP              | KY        |      3568 | NS      | $64295.36     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Kanzhun Limited                                                | KANZHUN LTD               | CUSIP: 48553T106<br>LEI: 254900F4ZCBITP7L0251 | Long             | EC               | CORP              | KY        |      8132 | NS      | $130762.56    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Wipro Ltd.                                                     | WIPRO LTD-ADR             | CUSIP: 97651M109<br>LEI: 335800IFS1IJHESG8362 | Long             | EC               | CORP              | IN        |     14977 | NS      | $33248.94     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| New Oriental Education &  Technology Group Inc.                | NEW ORIENTAL-ADR          | CUSIP: 647581206<br>LEI: 529900NHZVBZQZ8EKN29 | Long             | EC               | CORP              | KY        |       929 | NS      | $50769.85     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Industries Ltd.                                       | RELIANC-GDR 144A          | CUSIP: 759470107<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |     13183 | NS      | $808117.90    | 2.08%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Gold Fields Ltd                                                | GOLD FIELDS-ADR           | CUSIP: 38059T106<br>LEI: 5299003KXIBJQYCBBD72 | Long             | EC               | CORP              | ZA        |      6831 | NS      | $401936.04    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Infosys Ltd.                                                   | INFOSYS LTD-ADR           | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |     15567 | NS      | $224787.48    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Vale S.A.                                                      | VALE SA-SP ADR            | CUSIP: 91912E105<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |     31875 | NS      | $547612.50    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| CEMEX S.A.B. de C.V.                                           | CEMEX SAB-SP ADR          | CUSIP: 151290889<br>LEI: 549300RIG2CXWN6IV731 | Long             | EC               | CORP              | MX        |     13249 | NS      | $165744.99    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Hon Hai Precision Industry Co Ltd.                             | HON HAI-GDR REGS          | CUSIP: 438090805<br>LEI: 30030004CM3GSZXX7O56 | Long             | EC               | CORP              | TW        |     64445 | NS      | $986008.50    | 2.54%             |  |  |  | Yes           |                  1 | On Loan: No      |
| KB Financial Group Inc.                                        | KB FINANCIAL-ADR          | CUSIP: 48241A105<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |      4801 | NS      | $528110.00    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bradesco SA                                              | BRADESCO-ADR              | CUSIP: 059460303<br>LEI: 549300CTUU1RFXHQJE44 | Long             | EC               | CORP              | BR        |     57798 | NS      | $236393.82    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Turkcell Iletisim Hizmetleri AS                                | TURKCELL ILE-ADR          | CUSIP: 900111204<br>LEI: 7890003EX1LTLS2FFL84 | Long             | EC               | CORP              | TR        |     19141 | NS      | $129010.34    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Atour Lifestyle Holdings Ltd.                                  | ATOUR LIFEST-ADR          | CUSIP: 04965M106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      2180 | NS      | $85608.60     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Fomento Economico Mexicano S A B de C V                        | FOMENTO ECON-ADR          | CUSIP: 344419106<br>LEI: 549300A8MDWDJNMLV153 | Long             | EC               | CORP              | MX        |      1859 | NS      | $208802.88    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| KE Holdings Inc.                                               | KE HOLDINGS -ADR          | CUSIP: 482497104<br>LEI: 254900RHVY072XPAZE03 | Long             | EC               | CORP              | KY        |     12709 | NS      | $209063.05    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| China Construction Bank Corp.                                  | CHINA CONSTR-ADR          | CUSIP: 168919108<br>LEI: 5493001KQW6DM7KEDR62 | Long             | EC               | CORP              | CN        |     61152 | NS      | $1240162.56   | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| JBS NV                                                         | JBS NV-A                  | CUSIP: N4732M103<br>LEI: 254900JSFON4WL81TW77 | Long             | EC               | CORP              | NL        |      7547 | NS      | $127468.83    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| NetEase Inc.                                                   | NETEASE INC-ADR           | CUSIP: 64110W102<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | KY        |      5151 | NS      | $592210.47    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola FEMSA SAB de CV                                      | COCA-COLA F-ADR           | CUSIP: 191241108<br>LEI: 5493008KEVFYPMGTXO33 | Long             | EC               | CORP              | MX        |      1453 | NS      | $161500.95    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Cibest SA                                                | GRUPO CIBEST SA-          | CUSIP: 40090E106<br>LEI: 529900OSSJBGZREZ2C28 | Long             | EC               | CORP              | CO        |      3697 | NS      | $250952.36    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario Del Pacifico S.A.B. de C.V.                | GRUPO AEROPO-ADR          | CUSIP: 400506101<br>LEI: 4469000001BZ368XFI90 | Long             | EC               | CORP              | MX        |       606 | NS      | $158020.56    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Hutchmed (China) Limited                                       | HUTCHMED CHI-ADR          | CUSIP: 44842L103<br>LEI: 2138006X34YDQ6OBYE79 | Long             | EC               | CORP              | KY        |      7022 | NS      | $100625.26    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI Bank Ltd.                                                | ICICI BANK-ADR            | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |     15165 | NS      | $462684.15    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| BBH SWEEP VEHICLE                                              | BBH SWEEP VEHICLE         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |   1414006 | PA      | $1414006.45   | 3.64%             |  |  |  | No            |                  1 | On Loan: No      |
| POSCO Holdings Inc.                                            | POSCO-SPON ADR            | CUSIP: 693483109<br>LEI: 988400E5HRVX81AYLM04 | Long             | EC               | CORP              | KR        |      9295 | NS      | $646839.05    | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| LATAM Airlines Group SA                                        | LATAM AIRLINES G          | CUSIP: 51817R205<br>LEI: 549300HX3UUDPEFTG707 | Long             | EC               | CORP              | CL        |      1011 | NS      | $56777.76     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Chunghwa Telecom Co Ltd.                                       | CHUNGHWA TEL-ADR          | CUSIP: 17133Q502<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     12680 | NS      | $548283.20    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum China Holdings Inc.                                        | YUM CHINA HO              | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | US        |      2468 | NS      | $135517.88    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| XP Inc.                                                        | XP INC - CLASS A          | CUSIP: G98239109<br>LEI: 5493008KDA8NBZRJST80 | Long             | EC               | CORP              | KY        |      8758 | NS      | $188559.74    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Rakyat Indonesia (Persero) Tbk                            | BANK RAKYAT-ADR           | CUSIP: 69366X100<br>LEI: 254900HB6S4B12GBNP64 | Long             | EC               | CORP              | ID        |     17728 | NS      | $203517.44    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Telefonica Brasil S.A                                          | TELEFON-ADR               | CUSIP: 87936R205<br>LEI: 529900MTGG2HSDBIWG79 | Long             | EC               | CORP              | BR        |      3889 | NS      | $65762.99     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Central Asia Tbk PT                                       | BANK CENTRAL-ADR          | CUSIP: 69368G105<br>LEI: 254900BR956G2OHVOM21 | Long             | EC               | CORP              | ID        |     30103 | NS      | $319091.80    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroleo Brasileiro SA                                         | PETROBRAS SA-ADR          | CUSIP: 71654V408<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |     23995 | NS      | $399036.85    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Suzano S A                                                     | SUZANO SA-SP ADR          | CUSIP: 86959K105<br>LEI: 391200AW174YQSDMGG41 | Long             | EC               | CORP              | BR        |      3469 | NS      | $39303.77     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Naspers Limited                                                | NASPERS-N ADR             | CUSIP: 631512209<br>LEI: 21380044BQ8812EEKT59 | Long             | EC               | CORP              | ZA        |     63737 | NS      | $712579.66    | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Trip.com Group Ltd.                                            | TRIP.COM GRO-ADR          | CUSIP: 89677Q107<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | KY        |      3793 | NS      | $199587.66    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| XPeng Inc.                                                     | XPENG INC-ADR             | CUSIP: 98422D105<br>LEI: 549300TZNMIREMWQU857 | Long             | EC               | CORP              | KY        |     13712 | NS      | $240782.72    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-27

**Name of Applicant:** Northern Lights Fund Trust IV

**Signature:** Sam Singh

**Name of Signer:** Sam Singh

**Title:** Treasurer