# EDGAR Filing Document

**Accession Number:** 0000074663
**File Stem:** 0001193125-26-081291
**Filing Date:** 2026-2
**Character Count:** 268077
**Document Hash:** 73b8e594ef2103c2aae870da5fadcbd2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-081291.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001193125-26-081291

**CONFORMED SUBMISSION TYPE**: N-CSRS

**PUBLIC DOCUMENT COUNT**: 19

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**EFFECTIVENESS DATE**: 20260227

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Eaton Vance Series Trust II
- **CENTRAL INDEX KEY:** 0000074663

**ORGANIZATION NAME:**
- **EIN:** 132706484
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** N-CSRS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02258
- **FILM NUMBER:** 26695882

**BUSINESS ADDRESS:**
- **STREET 1:** ONE POST OFFICE SQUARE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109
- **BUSINESS PHONE:** 6174828260

**MAIL ADDRESS:**
- **STREET 1:** ONE POST OFFICE SQUARE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EATON VANCE SERIES TRUST II
- **DATE OF NAME CHANGE:** 20031030

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EATON VANCE INCOME FUND OF BOSTON
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OPPENHEIMER INCOME FUND OF BOSTON INC
- **DATE OF NAME CHANGE:** 19821207

## Series and Classes Contracts Data

### Parametric Tax-Managed Emerging Markets Fund (Series ID: S000002405)

| Class ID   | Class Name                                           | Ticker Symbol   |
|:---|:---|:---|
| C000006391 | Parametric Tax-Managed Emerging Markets Fund Class I | EITEX           |

?xml version='1.0' encoding='ASCII'? Eaton Vance Series Trust II

### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

### Form N-CSR

#### CERTIFIED SHAREHOLDER REPORT OF REGISTERED

#### MANAGEMENT INVESTMENT COMPANIES

#### Investment Company Act File Number: 811-02258

## Eaton Vance Series Trust II

#### (Exact Name of Registrant as Specified in Charter)

#### One Post Office Square, Boston, Massachusetts 02109

#### (Address of Principal Executive Offices)

#### Deidre E. Walsh

#### One Post Office Square, Boston, Massachusetts 02109

#### (Name and Address of Agent for Services)
(617) 482-8260

#### (Registrant's Telephone Number)

#### June 30

#### Date of Fiscal Year End

#### December 31, 2025

#### Date of Reporting Period

------

#### Item 1. Reports to Stockholders
(a) # Parametric Tax-Managed Emerging Markets Fund
![Image](g53292ic2a0816414f77688e0f4.jpg)

# Class I EITEX

#### Semi-Annual Shareholder Report December 31, 2025
This semi-annual shareholder report contains important information about the Parametric Tax-Managed Emerging Markets Fund for the period of July 1, 2025 to December 31, 2025. You can find additional information about the Fund at www.eatonvance.com/parametric-fund-documents.php. You can also request this information by contacting us at 1-800-260-0761.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $52 | 0.96%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $551608706 |
| # of Portfolio Holdings | 1416 |
| Portfolio Turnover Rate | 1% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

### Geographic Allocation (% of total investments)
![Group By Asset Type Chart](g53292i6b9db2ad4b7d0f4a1ebe.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Developed Europe | 0.5% |
| North America | 0.9% |
| Africa | 8.9% |
| Middle East | 10.2% |
| Emerging Europe | 12.8% |
| Latin America | 15.4% |
| Asia | 51.3% |

---

### Top Ten Holdings (% of total investments)<sup>**Footnote Reference a**</sup>

---

| | |
|:---|:---|
| Taiwan Semiconductor Manufacturing Co. Ltd. | 2.0% |
| Tencent Holdings Ltd. | 1.2% |
| Delta Electronics (Thailand) PCL | 1.1% |
| Samsung Electronics Co. Ltd. | 1.0% |
| Naspers Ltd., Class N | 0.9% |
| America Movil SAB de CV, Series B | 0.8% |
| Vingroup JSC | 0.7% |
| MTN Group Ltd. | 0.7% |
| Grupo Mexico SAB de CV, Series B | 0.6% |
| Bharti Airtel Ltd. | 0.6% |
| Total | 9.6% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excluding cash equivalents |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g53292i74aa6c83bebb481ee8aa.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/parametric-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-260-0761 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report December 31, 2025

# EITEX-TSR-SAR

------

(b) Not applicable.

#### Item 2. Code of Ethics
Not required in this filing.

#### Item 3. Audit Committee Financial Expert
Not required in this filing.

#### Item 4. Principal Accountant Fees and Services
Not required in this filing.

------

#### Item 5. Audit Committee of Listed Registrants
Not applicable.

#### Item 6. Schedule of Investments
(a) Please see schedule of investments contained in the Financial Statements and Financial Highlights included under Item 7 of this Form N-CSR.

(b) Not applicable.

#### Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies

------

![](g53292img83f832041.jpg)

------

## Parametric

## Tax-Managed Emerging Markets Fund

## Semi-Annual Financial Statements and Additional Information
December 31, 2025

------

![](g53292imgfab891f32.gif)

------

**This report must be preceded or accompanied by a current summary prospectus or prospectus. Before investing, investors should consider carefully the investment objective, risks, and charges and expenses of a mutual fund. This and other important information is contained in the prospectus and/or statement of additional information, which can be obtained by calling 1-800-260-0761 or from a financial intermediary. Prospective investors should read the prospectus carefully before investing.**

------

#### Semi-Annual Financial Statements and Additional Information December 31, 2025
Parametric

Tax-Managed Emerging Markets Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_a6a0003c-5e25-46f0-b77b-b7e6a6764845_1)** |  |
| [Items 6 and 7 of Form N-CSR:](#xx_13559982-9787-4b1c-97ab-f8b4c4d7063d_1) | [Items 6 and 7 of Form N-CSR:](#xx_13559982-9787-4b1c-97ab-f8b4c4d7063d_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_13559982-9787-4b1c-97ab-f8b4c4d7063d_1) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#xx_7400d6c9-6e7a-48c1-b67e-7f2f0244364f_1) | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#xx_7400d6c9-6e7a-48c1-b67e-7f2f0244364f_2) | 21 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statements of Changes in Net Assets](#xx_7400d6c9-6e7a-48c1-b67e-7f2f0244364f_3) | 22 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#xx_5f4e4cf2-855d-4e12-9506-7572f342a4a8_1) | 23 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#xx_95cb2200-a4ca-4c04-a9b9-035498d95179_1) | 24 |

---

Items 8, 9 and 11 of Form N-CSR are Not Applicable. For Item 10 of Form N-CSR, see Item 7.

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Portfolio of Investments (Unaudited)

------

Common Stocks — 101.0%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Argentina — 1.0% | Argentina — 1.0% | Argentina — 1.0% |
| Banco BBVA Argentina SA ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11711 | &nbsp;&nbsp;$211618 |
| Banco Macro SA ADR<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp; 171304 |
| Central Puerto SA ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18400 | &nbsp;&nbsp;&nbsp;&nbsp; 322000 |
| CRESUD SA ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6822 | &nbsp;&nbsp;&nbsp;&nbsp; 86162 |
| IRSA Inversiones y Representaciones SA ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16898 | &nbsp;&nbsp;&nbsp;&nbsp; 279493 |
| Loma Negra Cia Industrial Argentina SA ADR<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13400 | &nbsp;&nbsp;&nbsp;&nbsp; 173530 |
| MercadoLibre, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;940 | &nbsp;&nbsp;&nbsp;&nbsp; 1893405 |
| Pampa Energia SA ADR<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6575 | &nbsp;&nbsp;&nbsp;&nbsp; 581953 |
| Telecom Argentina SA ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17600 | &nbsp;&nbsp;&nbsp;&nbsp; 204336 |
| Transportadora de Gas del Sur SA, Class B ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16270 | &nbsp;&nbsp;&nbsp;&nbsp; 505834 |
| YPF SA ADR<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29664 | &nbsp;&nbsp;&nbsp;&nbsp; 1072650 |
|  |  | &nbsp;&nbsp;**$5502285** |
| Bahrain — 0.5% | Bahrain — 0.5% | Bahrain — 0.5% |
| Al Salam Bank BSC | &nbsp;&nbsp;&nbsp;&nbsp;3649079 | &nbsp;&nbsp;$2133054 |
| GFH Financial Group BSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;956057 | &nbsp;&nbsp;&nbsp;&nbsp; 593257 |
|  |  | &nbsp;&nbsp;**$2726311** |
| Bangladesh — 0.5% | Bangladesh — 0.5% | Bangladesh — 0.5% |
| Al-Arafah Islami Bank PLC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;356656 | &nbsp;&nbsp;$43591 |
| Bangladesh Export Import Co. Ltd.<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260017 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Beximco Pharmaceuticals PLC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241766 | &nbsp;&nbsp;&nbsp;&nbsp; 201607 |
| BRAC Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;464740 | &nbsp;&nbsp;&nbsp;&nbsp; 239842 |
| British American Tobacco Bangladesh Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85478 | &nbsp;&nbsp;&nbsp;&nbsp; 173881 |
| City Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538525 | &nbsp;&nbsp;&nbsp;&nbsp; 107594 |
| Eastern Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;339385 | &nbsp;&nbsp;&nbsp;&nbsp; 67500 |
| GrameenPhone Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97958 | &nbsp;&nbsp;&nbsp;&nbsp; 206925 |
| Jamuna Oil Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50340 | &nbsp;&nbsp;&nbsp;&nbsp; 69136 |
| Khan Brothers PP Woven Bag Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156154 | &nbsp;&nbsp;&nbsp;&nbsp; 60642 |
| LafargeHolcim Bangladesh PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246241 | &nbsp;&nbsp;&nbsp;&nbsp; 94139 |
| LankaBangla Finance PLC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;629970 | &nbsp;&nbsp;&nbsp;&nbsp; 63381 |
| Meghna Petroleum Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38062 | &nbsp;&nbsp;&nbsp;&nbsp; 59889 |
| Olympic Industries PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50610 | &nbsp;&nbsp;&nbsp;&nbsp; 56832 |
| Padma Oil PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25811 | &nbsp;&nbsp;&nbsp;&nbsp; 35525 |
| Pubali Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506234 | &nbsp;&nbsp;&nbsp;&nbsp; 127929 |
| Robi Axiata PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456067 | &nbsp;&nbsp;&nbsp;&nbsp; 105171 |
| Square Pharmaceuticals PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;533712 | &nbsp;&nbsp;&nbsp;&nbsp; 867224 |
| Summit Power Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372759 | &nbsp;&nbsp;&nbsp;&nbsp; 37458 |
| Unique Hotel & Resorts PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194668 | &nbsp;&nbsp;&nbsp;&nbsp; 60973 |
| United Commercial Bank PLC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1306891 | &nbsp;&nbsp;&nbsp;&nbsp; 111304 |
| Uttara Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;516701 | &nbsp;&nbsp;&nbsp;&nbsp; 96439 |
|  |  | &nbsp;&nbsp;**$2886982** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Botswana — 0.5% | Botswana — 0.5% | Botswana — 0.5% |
| First National Bank of Botswana Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1246418 | &nbsp;&nbsp;$500625 |
| Letshego Africa Holdings Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2688951 | &nbsp;&nbsp;&nbsp;&nbsp; 178300 |
| Sechaba Breweries Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;731999 | &nbsp;&nbsp;&nbsp;&nbsp; 2050869 |
|  |  | &nbsp;&nbsp;**$2729794** |
| Brazil — 4.8% | Brazil — 4.8% | Brazil — 4.8% |
| Adecoagro SA<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5342 | &nbsp;&nbsp;$42362 |
| Allos SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33689 | &nbsp;&nbsp;&nbsp;&nbsp; 174396 |
| AMBEV SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;477925 | &nbsp;&nbsp;&nbsp;&nbsp; 1203011 |
| Arcos Dorados Holdings, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25165 | &nbsp;&nbsp;&nbsp;&nbsp; 184711 |
| Axia Energia, Class B, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65766 | &nbsp;&nbsp;&nbsp;&nbsp; 629126 |
| Axia Energia, Class C, PFC Shares<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17285 | &nbsp;&nbsp;&nbsp;&nbsp; 154941 |
| B3 SA - Brasil Bolsa Balcao | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78355 | &nbsp;&nbsp;&nbsp;&nbsp; 199485 |
| Banco Bradesco SA, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112930 | &nbsp;&nbsp;&nbsp;&nbsp; 369716 |
| Banco BTG Pactual SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19700 | &nbsp;&nbsp;&nbsp;&nbsp; 188723 |
| Banco do Brasil SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55200 | &nbsp;&nbsp;&nbsp;&nbsp; 220321 |
| BB Seguridade Participacoes SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13800 | &nbsp;&nbsp;&nbsp;&nbsp; 91158 |
| Cia de Saneamento Basico do Estado de Sao Paulo SABESP ADR<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27695 | &nbsp;&nbsp;&nbsp;&nbsp; 660536 |
| Cia Energetica de Minas Gerais, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87660 | &nbsp;&nbsp;&nbsp;&nbsp; 177580 |
| Cia Siderurgica Nacional SA ADR<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51900 | &nbsp;&nbsp;&nbsp;&nbsp; 83040 |
| Cogna Educacao SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461230 | &nbsp;&nbsp;&nbsp;&nbsp; 265837 |
| Construtora Tenda SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23300 | &nbsp;&nbsp;&nbsp;&nbsp; 104501 |
| Cosan SA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87216 | &nbsp;&nbsp;&nbsp;&nbsp; 84080 |
| Cury Construtora e Incorporadora SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21300 | &nbsp;&nbsp;&nbsp;&nbsp; 125292 |
| Cyrela Brazil Realty SA Empreendimentos e Participacoes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64624 | &nbsp;&nbsp;&nbsp;&nbsp; 348304 |
| Direcional Engenharia SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57300 | &nbsp;&nbsp;&nbsp;&nbsp; 147695 |
| Embraer SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54100 | &nbsp;&nbsp;&nbsp;&nbsp; 867680 |
| Energisa SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13200 | &nbsp;&nbsp;&nbsp;&nbsp; 113472 |
| Eneva SA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65700 | &nbsp;&nbsp;&nbsp;&nbsp; 241678 |
| Engie Brasil Energia SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17955 | &nbsp;&nbsp;&nbsp;&nbsp; 102780 |
| Equatorial SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54600 | &nbsp;&nbsp;&nbsp;&nbsp; 383227 |
| Fleury SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83895 | &nbsp;&nbsp;&nbsp;&nbsp; 229615 |
| Gerdau SA, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81920 | &nbsp;&nbsp;&nbsp;&nbsp; 302339 |
| GPS Participacoes e Empreendimentos SA<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39644 | &nbsp;&nbsp;&nbsp;&nbsp; 116562 |
| Grupo Mateus SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59000 | &nbsp;&nbsp;&nbsp;&nbsp; 48520 |
| Hapvida Participacoes e Investimentos SA<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30837 | &nbsp;&nbsp;&nbsp;&nbsp; 82681 |
| Hypera SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51500 | &nbsp;&nbsp;&nbsp;&nbsp; 221198 |
| Intelbras SA Industria de Telecomunicacao Eletronica Brasileira | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34500 | &nbsp;&nbsp;&nbsp;&nbsp; 72847 |
| Isa Energia Brasil SA, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19852 | &nbsp;&nbsp;&nbsp;&nbsp; 99758 |
| Itau Unibanco Holding SA, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72596 | &nbsp;&nbsp;&nbsp;&nbsp; 518834 |
| Itausa SA, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104627 | &nbsp;&nbsp;&nbsp;&nbsp; 222853 |
| JBS NV BDR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39501 | &nbsp;&nbsp;&nbsp;&nbsp; 568669 |
| JHSF Participacoes SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45370 | &nbsp;&nbsp;&nbsp;&nbsp; 65437 |
| Klabin SA, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261085 | &nbsp;&nbsp;&nbsp;&nbsp; 178723 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Brazil (continued) | Brazil (continued) | Brazil (continued) |
| Localiza Rent a Car SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68732 | &nbsp;&nbsp;$543983 |
| Localiza Rent a Car SA, PFC Shares<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2643 | &nbsp;&nbsp;&nbsp;&nbsp; 20016 |
| Lojas Renner SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151240 | &nbsp;&nbsp;&nbsp;&nbsp; 370405 |
| Magazine Luiza SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50715 | &nbsp;&nbsp;&nbsp;&nbsp; 82366 |
| Marcopolo SA, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66660 | &nbsp;&nbsp;&nbsp;&nbsp; 72549 |
| MBRF Global Foods Co. SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42124 | &nbsp;&nbsp;&nbsp;&nbsp; 153247 |
| Metalurgica Gerdau SA, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75198 | &nbsp;&nbsp;&nbsp;&nbsp; 122780 |
| Motiva Infraestrutura de Mobilidade SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87500 | &nbsp;&nbsp;&nbsp;&nbsp; 239927 |
| MRV Engenharia e Participacoes SA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47000 | &nbsp;&nbsp;&nbsp;&nbsp; 66719 |
| Multiplan Empreendimentos Imobiliarios SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27000 | &nbsp;&nbsp;&nbsp;&nbsp; 134069 |
| Natura Cosmeticos SA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55700 | &nbsp;&nbsp;&nbsp;&nbsp; 75532 |
| NU Holdings Ltd., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46800 | &nbsp;&nbsp;&nbsp;&nbsp; 783432 |
| Odontoprev SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89700 | &nbsp;&nbsp;&nbsp;&nbsp; 183227 |
| Petroleo Brasileiro SA, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394891 | &nbsp;&nbsp;&nbsp;&nbsp; 2216703 |
| Prio SA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29300 | &nbsp;&nbsp;&nbsp;&nbsp; 220209 |
| Raia Drogasil SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142955 | &nbsp;&nbsp;&nbsp;&nbsp; 609701 |
| Rede D'Or Sao Luiz SA<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228200 | &nbsp;&nbsp;&nbsp;&nbsp; 1690165 |
| Rumo SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51099 | &nbsp;&nbsp;&nbsp;&nbsp; 137383 |
| Sendas Distribuidora SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157100 | &nbsp;&nbsp;&nbsp;&nbsp; 208208 |
| Sitios Latinoamerica SAB de CV<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 | &nbsp;&nbsp;&nbsp;&nbsp; 1 |
| SLC Agricola SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24100 | &nbsp;&nbsp;&nbsp;&nbsp; 70448 |
| Smartfit Escola de Ginastica e Danca SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59800 | &nbsp;&nbsp;&nbsp;&nbsp; 253816 |
| StoneCo Ltd., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7900 | &nbsp;&nbsp;&nbsp;&nbsp; 116841 |
| Suzano SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51041 | &nbsp;&nbsp;&nbsp;&nbsp; 478600 |
| Telefonica Brasil SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157060 | &nbsp;&nbsp;&nbsp;&nbsp; 940356 |
| TIM SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195000 | &nbsp;&nbsp;&nbsp;&nbsp; 756788 |
| TOTVS SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125300 | &nbsp;&nbsp;&nbsp;&nbsp; 957582 |
| Transmissora Alianca de Energia Eletrica SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9676 | &nbsp;&nbsp;&nbsp;&nbsp; 74366 |
| Ultrapar Participacoes SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73348 | &nbsp;&nbsp;&nbsp;&nbsp; 276964 |
| Vale SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162618 | &nbsp;&nbsp;&nbsp;&nbsp; 2123314 |
| Vibra Energia SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258052 | &nbsp;&nbsp;&nbsp;&nbsp; 1191098 |
| Vivara Participacoes SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37500 | &nbsp;&nbsp;&nbsp;&nbsp; 226746 |
| WEG SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109328 | &nbsp;&nbsp;&nbsp;&nbsp; 965798 |
| YDUQS Participacoes SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28300 | &nbsp;&nbsp;&nbsp;&nbsp; 62784 |
|  |  | &nbsp;&nbsp;**$26317811** |
| Bulgaria — 0.3% | Bulgaria — 0.3% | Bulgaria — 0.3% |
| Bulgartabac Holding AD<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3450 | &nbsp;&nbsp;$4809 |
| Industrial Holding Bulgaria PLC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;443968 | &nbsp;&nbsp;&nbsp;&nbsp; 417832 |
| Sopharma AD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;739785 | &nbsp;&nbsp;&nbsp;&nbsp; 1239346 |
|  |  | &nbsp;&nbsp;**$1661987** |
| Chile — 2.5% | Chile — 2.5% | Chile — 2.5% |
| Aguas Andinas SA, Class A, Series A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;522654 | &nbsp;&nbsp;$213996 |
| Banco de Chile | &nbsp;&nbsp;&nbsp;&nbsp;4234435 | &nbsp;&nbsp;&nbsp;&nbsp; 817287 |
| Banco de Credito e Inversiones SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9960 | &nbsp;&nbsp;&nbsp;&nbsp; 645127 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Chile (continued) | Chile (continued) | Chile (continued) |
| Banco Santander Chile ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23249 | &nbsp;&nbsp;$723276 |
| CAP SA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14684 | &nbsp;&nbsp;&nbsp;&nbsp; 120823 |
| Cencosud SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327793 | &nbsp;&nbsp;&nbsp;&nbsp; 1052432 |
| Cencosud Shopping SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148006 | &nbsp;&nbsp;&nbsp;&nbsp; 382534 |
| Cia Cervecerias Unidas SA ADR<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23700 | &nbsp;&nbsp;&nbsp;&nbsp; 302412 |
| Cia Sud Americana de Vapores SA | 10549689 | &nbsp;&nbsp;&nbsp;&nbsp; 547784 |
| Colbun SA | &nbsp;&nbsp;&nbsp;&nbsp;1586584 | &nbsp;&nbsp;&nbsp;&nbsp; 253666 |
| Embotelladora Andina SA, Class B, Series B ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18372 | &nbsp;&nbsp;&nbsp;&nbsp; 512577 |
| Empresa Nacional de Telecomunicaciones SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73866 | &nbsp;&nbsp;&nbsp;&nbsp; 385378 |
| Empresas CMPC SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283375 | &nbsp;&nbsp;&nbsp;&nbsp; 444641 |
| Empresas COPEC SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104873 | &nbsp;&nbsp;&nbsp;&nbsp; 821385 |
| Enel Americas SA | &nbsp;&nbsp;&nbsp;&nbsp;3821067 | &nbsp;&nbsp;&nbsp;&nbsp; 362505 |
| Enel Chile SA | &nbsp;&nbsp;&nbsp;&nbsp;6569086 | &nbsp;&nbsp;&nbsp;&nbsp; 539222 |
| Engie Energia Chile SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118694 | &nbsp;&nbsp;&nbsp;&nbsp; 177162 |
| Falabella SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;276610 | &nbsp;&nbsp;&nbsp;&nbsp; 1928483 |
| Inversiones Aguas Metropolitanas SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149380 | &nbsp;&nbsp;&nbsp;&nbsp; 170186 |
| Parque Arauco SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182081 | &nbsp;&nbsp;&nbsp;&nbsp; 603725 |
| Plaza SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94688 | &nbsp;&nbsp;&nbsp;&nbsp; 334547 |
| Quinenco SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108178 | &nbsp;&nbsp;&nbsp;&nbsp; 525682 |
| Ripley Corp. SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;469201 | &nbsp;&nbsp;&nbsp;&nbsp; 218546 |
| Sociedad Quimica y Minera de Chile SA ADR<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23800 | &nbsp;&nbsp;&nbsp;&nbsp; 1637440 |
| SONDA SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236334 | &nbsp;&nbsp;&nbsp;&nbsp; 89815 |
| Vina Concha y Toro SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162058 | &nbsp;&nbsp;&nbsp;&nbsp; 184397 |
|  |  | &nbsp;&nbsp;**$13995028** |
| China — 15.7% | China — 15.7% | China — 15.7% |
| AAC Technologies Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70500 | &nbsp;&nbsp;$353431 |
| Agricultural Bank of China Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323000 | &nbsp;&nbsp;&nbsp;&nbsp; 240287 |
| Air China Ltd., Class H<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;366000 | &nbsp;&nbsp;&nbsp;&nbsp; 332770 |
| Akeso, Inc.<sup>(1)(2)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38000 | &nbsp;&nbsp;&nbsp;&nbsp; 553049 |
| Alibaba Group Holding Ltd. ADR<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10354 | &nbsp;&nbsp;&nbsp;&nbsp; 1517689 |
| Alibaba Health Information Technology Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp; 359174 |
| Aluminum Corp. of China Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;534000 | &nbsp;&nbsp;&nbsp;&nbsp; 835951 |
| Anhui Conch Cement Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186000 | &nbsp;&nbsp;&nbsp;&nbsp; 528118 |
| ANTA Sports Products Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47143 | &nbsp;&nbsp;&nbsp;&nbsp; 489560 |
| Baidu, Inc. ADR<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5200 | &nbsp;&nbsp;&nbsp;&nbsp; 679432 |
| Bank of China Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;844275 | &nbsp;&nbsp;&nbsp;&nbsp; 484046 |
| Bank of Communications Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369000 | &nbsp;&nbsp;&nbsp;&nbsp; 306286 |
| Baoshan Iron & Steel Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104100 | &nbsp;&nbsp;&nbsp;&nbsp; 111018 |
| Beijing Enterprises Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95500 | &nbsp;&nbsp;&nbsp;&nbsp; 390696 |
| Beijing Enterprises Water Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;806000 | &nbsp;&nbsp;&nbsp;&nbsp; 254842 |
| Beijing Haixin Energy Technology Co. Ltd., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85280 | &nbsp;&nbsp;&nbsp;&nbsp; 56138 |
| Beijing-Shanghai High Speed Railway Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234800 | &nbsp;&nbsp;&nbsp;&nbsp; 173088 |
| BeOne Medicines Ltd. ADR<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4425 | &nbsp;&nbsp;&nbsp;&nbsp; 1344359 |
| BOE Technology Group Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;353900 | &nbsp;&nbsp;&nbsp;&nbsp; 213261 |
| BYD Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41014 | &nbsp;&nbsp;&nbsp;&nbsp; 501222 |

---

*2*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| China (continued) | China (continued) | China (continued) |
| BYD Electronic International Co. Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92500 | &nbsp;&nbsp;$400579 |
| CGN Power Co. Ltd., Class H<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1143000 | &nbsp;&nbsp;&nbsp;&nbsp; 430070 |
| Changchun High-Tech Industry Group Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11600 | &nbsp;&nbsp;&nbsp;&nbsp; 153619 |
| Chaozhou Three-Circle Group Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49900 | &nbsp;&nbsp;&nbsp;&nbsp; 326184 |
| China CITIC Bank Corp. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153000 | &nbsp;&nbsp;&nbsp;&nbsp; 136531 |
| China Conch Venture Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132000 | &nbsp;&nbsp;&nbsp;&nbsp; 159638 |
| China Construction Bank Corp., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;722745 | &nbsp;&nbsp;&nbsp;&nbsp; 715380 |
| China Everbright Environment Group Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262148 | &nbsp;&nbsp;&nbsp;&nbsp; 162237 |
| China Gas Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340800 | &nbsp;&nbsp;&nbsp;&nbsp; 336393 |
| China Hongqiao Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202500 | &nbsp;&nbsp;&nbsp;&nbsp; 850444 |
| China International Marine Containers Group Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105261 | &nbsp;&nbsp;&nbsp;&nbsp; 126463 |
| China Life Insurance Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106000 | &nbsp;&nbsp;&nbsp;&nbsp; 374703 |
| China Longyuan Power Group Corp. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;219000 | &nbsp;&nbsp;&nbsp;&nbsp; 187015 |
| China Mengniu Dairy Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163000 | &nbsp;&nbsp;&nbsp;&nbsp; 312886 |
| China Merchants Bank Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56000 | &nbsp;&nbsp;&nbsp;&nbsp; 380962 |
| China Merchants Port Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84000 | &nbsp;&nbsp;&nbsp;&nbsp; 163583 |
| China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;935251 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| China Nonferrous Mining Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118000 | &nbsp;&nbsp;&nbsp;&nbsp; 223872 |
| China Northern Rare Earth Group High-Tech Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77200 | &nbsp;&nbsp;&nbsp;&nbsp; 509269 |
| China Oilfield Services Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266000 | &nbsp;&nbsp;&nbsp;&nbsp; 239026 |
| China Overseas Land & Investment Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346360 | &nbsp;&nbsp;&nbsp;&nbsp; 546991 |
| China Petroleum & Chemical Corp., Class H | &nbsp;&nbsp;&nbsp;&nbsp;3344200 | &nbsp;&nbsp;&nbsp;&nbsp; 2008716 |
| China Power International Development Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;694000 | &nbsp;&nbsp;&nbsp;&nbsp; 288182 |
| China Railway Group Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp; 196869 |
| China Resources Beer Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112000 | &nbsp;&nbsp;&nbsp;&nbsp; 378257 |
| China Resources Land Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262611 | &nbsp;&nbsp;&nbsp;&nbsp; 918692 |
| China Resources Pharmaceutical Group Ltd.<sup>(2)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221500 | &nbsp;&nbsp;&nbsp;&nbsp; 126780 |
| China Resources Power Holdings Co. Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272000 | &nbsp;&nbsp;&nbsp;&nbsp; 605481 |
| China Shenhua Energy Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;431574 | &nbsp;&nbsp;&nbsp;&nbsp; 2154887 |
| China Southern Airlines Co. Ltd., Class H<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;562500 | &nbsp;&nbsp;&nbsp;&nbsp; 420875 |
| China State Construction International Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180000 | &nbsp;&nbsp;&nbsp;&nbsp; 210524 |
| China Tourism Group Duty Free Corp. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11076 | &nbsp;&nbsp;&nbsp;&nbsp; 149985 |
| China Vanke Co. Ltd., Class H<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;452317 | &nbsp;&nbsp;&nbsp;&nbsp; 191181 |
| China Yangtze Power Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196200 | &nbsp;&nbsp;&nbsp;&nbsp; 763510 |
| Chinasoft International Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272000 | &nbsp;&nbsp;&nbsp;&nbsp; 174035 |
| CITIC Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415000 | &nbsp;&nbsp;&nbsp;&nbsp; 644959 |
| CITIC Securities Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43500 | &nbsp;&nbsp;&nbsp;&nbsp; 153515 |
| CMOC Group Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;1020000 | &nbsp;&nbsp;&nbsp;&nbsp; 2534211 |
| COSCO SHIPPING Energy Transportation Co. Ltd., Class H<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp; 407968 |
| COSCO SHIPPING Holdings Co. Ltd., Class H<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350294 | &nbsp;&nbsp;&nbsp;&nbsp; 618455 |
| Country Garden Services Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153425 | &nbsp;&nbsp;&nbsp;&nbsp; 119105 |
| CRRC Corp. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327000 | &nbsp;&nbsp;&nbsp;&nbsp; 250949 |
| CSPC Pharmaceutical Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;924560 | &nbsp;&nbsp;&nbsp;&nbsp; 1003187 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| China (continued) | China (continued) | China (continued) |
| Daqo New Energy Corp. ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;$162250 |
| Dongyue Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189000 | &nbsp;&nbsp;&nbsp;&nbsp; 263061 |
| East Money Information Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35789 | &nbsp;&nbsp;&nbsp;&nbsp; 118655 |
| Fufeng Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162000 | &nbsp;&nbsp;&nbsp;&nbsp; 164428 |
| Full Truck Alliance Co. Ltd. ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36500 | &nbsp;&nbsp;&nbsp;&nbsp; 391645 |
| Ganfeng Lithium Group Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23100 | &nbsp;&nbsp;&nbsp;&nbsp; 207885 |
| Ganfeng Lithium Group Co. Ltd., Class H<sup>(2)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72000 | &nbsp;&nbsp;&nbsp;&nbsp; 481783 |
| GCL Technology Holdings Ltd.<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568000 | &nbsp;&nbsp;&nbsp;&nbsp; 77423 |
| GDS Holdings Ltd., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34300 | &nbsp;&nbsp;&nbsp;&nbsp; 149802 |
| GEM Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124200 | &nbsp;&nbsp;&nbsp;&nbsp; 148595 |
| Giant Biogene Holding Co. Ltd.<sup>(2)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29200 | &nbsp;&nbsp;&nbsp;&nbsp; 125000 |
| GoerTek, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14500 | &nbsp;&nbsp;&nbsp;&nbsp; 59581 |
| Great Wall Motor Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154259 | &nbsp;&nbsp;&nbsp;&nbsp; 302415 |
| Guangdong Investment Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294829 | &nbsp;&nbsp;&nbsp;&nbsp; 257209 |
| Guanghui Energy Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306545 | &nbsp;&nbsp;&nbsp;&nbsp; 215668 |
| Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class H<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46000 | &nbsp;&nbsp;&nbsp;&nbsp; 104952 |
| Haier Smart Home Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85729 | &nbsp;&nbsp;&nbsp;&nbsp; 320151 |
| Hansoh Pharmaceutical Group Co. Ltd.<sup>(2)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176000 | &nbsp;&nbsp;&nbsp;&nbsp; 815466 |
| Hengan International Group Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39500 | &nbsp;&nbsp;&nbsp;&nbsp; 141931 |
| Hua Hong Semiconductor Ltd., Class H<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66000 | &nbsp;&nbsp;&nbsp;&nbsp; 631680 |
| Huadian Power International Corp. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;448000 | &nbsp;&nbsp;&nbsp;&nbsp; 234352 |
| Huadong Medicine Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30560 | &nbsp;&nbsp;&nbsp;&nbsp; 172573 |
| Hualan Biological Engineering, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59670 | &nbsp;&nbsp;&nbsp;&nbsp; 129203 |
| Huaneng Power International, Inc., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;764000 | &nbsp;&nbsp;&nbsp;&nbsp; 563036 |
| Huayu Automotive Systems Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82100 | &nbsp;&nbsp;&nbsp;&nbsp; 234943 |
| Hundsun Technologies, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23173 | &nbsp;&nbsp;&nbsp;&nbsp; 100012 |
| Iflytek Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37950 | &nbsp;&nbsp;&nbsp;&nbsp; 273387 |
| Industrial & Commercial Bank of China Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;619000 | &nbsp;&nbsp;&nbsp;&nbsp; 500898 |
| Industrial Bank Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17782 | &nbsp;&nbsp;&nbsp;&nbsp; 53599 |
| Inner Mongolia Yili Industrial Group Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34300 | &nbsp;&nbsp;&nbsp;&nbsp; 140475 |
| Innovent Biologics, Inc.<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp; 880803 |
| J&T Global Express Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194600 | &nbsp;&nbsp;&nbsp;&nbsp; 261933 |
| JD Health International, Inc.<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63250 | &nbsp;&nbsp;&nbsp;&nbsp; 452982 |
| JD Logistics, Inc.<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77200 | &nbsp;&nbsp;&nbsp;&nbsp; 113585 |
| JD.com, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38150 | &nbsp;&nbsp;&nbsp;&nbsp; 548568 |
| Jiangsu Expressway Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268000 | &nbsp;&nbsp;&nbsp;&nbsp; 343993 |
| Jiangsu Hengrui Pharmaceuticals Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53872 | &nbsp;&nbsp;&nbsp;&nbsp; 459562 |
| Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38750 | &nbsp;&nbsp;&nbsp;&nbsp; 211825 |
| Jiangxi Copper Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255000 | &nbsp;&nbsp;&nbsp;&nbsp; 1409460 |
| Jonjee Hi-Tech Industrial & Commercial Holding Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41300 | &nbsp;&nbsp;&nbsp;&nbsp; 103703 |
| KE Holdings, Inc. ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71400 | &nbsp;&nbsp;&nbsp;&nbsp; 1125264 |
| Kingboard Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71200 | &nbsp;&nbsp;&nbsp;&nbsp; 268941 |
| Kingdee International Software Group Co. Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244000 | &nbsp;&nbsp;&nbsp;&nbsp; 418308 |
| Kingsoft Corp. Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44400 | &nbsp;&nbsp;&nbsp;&nbsp; 162886 |

---

*3*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| China (continued) | China (continued) | China (continued) |
| Kunlun Energy Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;510000 | &nbsp;&nbsp;$487528 |
| Kweichow Moutai Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4910 | &nbsp;&nbsp;&nbsp;&nbsp; 968173 |
| Legend Biotech Corp. ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5317 | &nbsp;&nbsp;&nbsp;&nbsp; 115592 |
| Lenovo Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;414000 | &nbsp;&nbsp;&nbsp;&nbsp; 492327 |
| Li Auto, Inc., Class A<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15100 | &nbsp;&nbsp;&nbsp;&nbsp; 127446 |
| Li Ning Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70312 | &nbsp;&nbsp;&nbsp;&nbsp; 168947 |
| Longfor Group Holdings Ltd.<sup>(2)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155000 | &nbsp;&nbsp;&nbsp;&nbsp; 170867 |
| LONGi Green Energy Technology Co. Ltd., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241144 | &nbsp;&nbsp;&nbsp;&nbsp; 627852 |
| Luxshare Precision Industry Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21651 | &nbsp;&nbsp;&nbsp;&nbsp; 176097 |
| Luzhou Laojiao Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7900 | &nbsp;&nbsp;&nbsp;&nbsp; 131514 |
| Maanshan Iron & Steel Co. Ltd., Class H<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1305000 | &nbsp;&nbsp;&nbsp;&nbsp; 421649 |
| Meituan, Class B<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53141 | &nbsp;&nbsp;&nbsp;&nbsp; 704235 |
| MMG Ltd.<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1232000 | &nbsp;&nbsp;&nbsp;&nbsp; 1391997 |
| NARI Technology Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96652 | &nbsp;&nbsp;&nbsp;&nbsp; 310995 |
| NAURA Technology Group Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;&nbsp; 354703 |
| NetEase, Inc. ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7200 | &nbsp;&nbsp;&nbsp;&nbsp; 990864 |
| Ningxia Baofeng Energy Group Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41400 | &nbsp;&nbsp;&nbsp;&nbsp; 116298 |
| Nongfu Spring Co. Ltd., Class H<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24200 | &nbsp;&nbsp;&nbsp;&nbsp; 146093 |
| Orient Overseas International Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8500 | &nbsp;&nbsp;&nbsp;&nbsp; 137055 |
| PDD Holdings, Inc. ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6600 | &nbsp;&nbsp;&nbsp;&nbsp; 748374 |
| PetroChina Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;2370300 | &nbsp;&nbsp;&nbsp;&nbsp; 2554942 |
| PICC Property & Casualty Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp; 273313 |
| Ping An Insurance Group Co. of China Ltd., Class H<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75046 | &nbsp;&nbsp;&nbsp;&nbsp; 630364 |
| Pingdingshan Tianan Coal Mining Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145015 | &nbsp;&nbsp;&nbsp;&nbsp; 163296 |
| Poly Developments and Holdings Group Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74600 | &nbsp;&nbsp;&nbsp;&nbsp; 65136 |
| Sanan Optoelectronics Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53900 | &nbsp;&nbsp;&nbsp;&nbsp; 109132 |
| SDIC Power Holdings Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112800 | &nbsp;&nbsp;&nbsp;&nbsp; 211856 |
| Shandong Gold Mining Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86844 | &nbsp;&nbsp;&nbsp;&nbsp; 479200 |
| Shandong Gold Mining Co. Ltd., Class H<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116500 | &nbsp;&nbsp;&nbsp;&nbsp; 518680 |
| Shandong Weigao Group Medical Polymer Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;276400 | &nbsp;&nbsp;&nbsp;&nbsp; 178213 |
| Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98500 | &nbsp;&nbsp;&nbsp;&nbsp; 247689 |
| Shanghai Pharmaceuticals Holding Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173400 | &nbsp;&nbsp;&nbsp;&nbsp; 253544 |
| Shenergy Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227799 | &nbsp;&nbsp;&nbsp;&nbsp; 253574 |
| Shenwan Hongyuan Group Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139900 | &nbsp;&nbsp;&nbsp;&nbsp; 105518 |
| Shenzhen Energy Group Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290352 | &nbsp;&nbsp;&nbsp;&nbsp; 270916 |
| Shenzhen Inovance Technology Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37700 | &nbsp;&nbsp;&nbsp;&nbsp; 406306 |
| Shenzhen Salubris Pharmaceuticals Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56300 | &nbsp;&nbsp;&nbsp;&nbsp; 399062 |
| Sichuan Chuantou Energy Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152000 | &nbsp;&nbsp;&nbsp;&nbsp; 302360 |
| Sino Biopharmaceutical Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1422750 | &nbsp;&nbsp;&nbsp;&nbsp; 1131993 |
| Sinopec Oilfield Service Corp., Class H<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2725500 | &nbsp;&nbsp;&nbsp;&nbsp; 245075 |
| Sinopec Shanghai Petrochemical Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;1272000 | &nbsp;&nbsp;&nbsp;&nbsp; 223880 |
| Sinopharm Group Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138800 | &nbsp;&nbsp;&nbsp;&nbsp; 347075 |
| Sinotruk Hong Kong Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50500 | &nbsp;&nbsp;&nbsp;&nbsp; 179222 |
| SITC International Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84000 | &nbsp;&nbsp;&nbsp;&nbsp; 300585 |
| Smoore International Holdings Ltd.<sup>(2)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115000 | &nbsp;&nbsp;&nbsp;&nbsp; 176108 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| China (continued) | China (continued) | China (continued) |
| Sunny Optical Technology Group Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43400 | &nbsp;&nbsp;$366497 |
| TBEA Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100584 | &nbsp;&nbsp;&nbsp;&nbsp; 319491 |
| TCL Technology Group Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410080 | &nbsp;&nbsp;&nbsp;&nbsp; 266673 |
| Tencent Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91511 | &nbsp;&nbsp;&nbsp;&nbsp; 7022877 |
| Tingyi (Cayman Islands) Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278000 | &nbsp;&nbsp;&nbsp;&nbsp; 421489 |
| TravelSky Technology Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93000 | &nbsp;&nbsp;&nbsp;&nbsp; 122865 |
| Trip.com Group Ltd. ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8800 | &nbsp;&nbsp;&nbsp;&nbsp; 632808 |
| Tsingtao Brewery Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp; 438810 |
| Uni-President China Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp; 302486 |
| Wanhua Chemical Group Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41920 | &nbsp;&nbsp;&nbsp;&nbsp; 459906 |
| Want Want China Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391000 | &nbsp;&nbsp;&nbsp;&nbsp; 233438 |
| Weichai Power Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222200 | &nbsp;&nbsp;&nbsp;&nbsp; 539238 |
| WH Group Ltd.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;573500 | &nbsp;&nbsp;&nbsp;&nbsp; 638887 |
| Wuliangye Yibin Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21600 | &nbsp;&nbsp;&nbsp;&nbsp; 327561 |
| WuXi AppTec Co. Ltd., Class H<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22000 | &nbsp;&nbsp;&nbsp;&nbsp; 278972 |
| WuXi Biologics Cayman, Inc.<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 808763 |
| Xiaomi Corp., Class B<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;438801 | &nbsp;&nbsp;&nbsp;&nbsp; 2214553 |
| Xinyi Glass Holdings Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132000 | &nbsp;&nbsp;&nbsp;&nbsp; 140372 |
| Xinyi Solar Holdings Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;432000 | &nbsp;&nbsp;&nbsp;&nbsp; 165240 |
| Yangzijiang Financial Holding Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316000 | &nbsp;&nbsp;&nbsp;&nbsp; 98146 |
| Yangzijiang Shipbuilding Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186200 | &nbsp;&nbsp;&nbsp;&nbsp; 503018 |
| Yankuang Energy Group Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;639600 | &nbsp;&nbsp;&nbsp;&nbsp; 790470 |
| Youngor Fashion Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80800 | &nbsp;&nbsp;&nbsp;&nbsp; 87865 |
| Yuexiu Property Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109000 | &nbsp;&nbsp;&nbsp;&nbsp; 55544 |
| Yunnan Baiyao Group Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20557 | &nbsp;&nbsp;&nbsp;&nbsp; 166967 |
| Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;&nbsp;&nbsp; 132868 |
| Zhaojin Mining Industry Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278000 | &nbsp;&nbsp;&nbsp;&nbsp; 1097692 |
| Zhejiang Expressway Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274000 | &nbsp;&nbsp;&nbsp;&nbsp; 252384 |
| Zhuzhou CRRC Times Electric Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60800 | &nbsp;&nbsp;&nbsp;&nbsp; 294213 |
| Zijin Mining Group Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;546000 | &nbsp;&nbsp;&nbsp;&nbsp; 2499825 |
| Zoomlion Heavy Industry Science and Technology Co. Ltd., Class H<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209800 | &nbsp;&nbsp;&nbsp;&nbsp; 209401 |
| ZTE Corp., Class H<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172939 | &nbsp;&nbsp;&nbsp;&nbsp; 604206 |
|  |  | &nbsp;&nbsp;**$86393626** |
| Colombia — 0.6% | Colombia — 0.6% | Colombia — 0.6% |
| Cementos Argos SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256701 | &nbsp;&nbsp;$731162 |
| Ecopetrol SA | &nbsp;&nbsp;&nbsp;&nbsp;1302151 | &nbsp;&nbsp;&nbsp;&nbsp; 644233 |
| Geopark Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11800 | &nbsp;&nbsp;&nbsp;&nbsp; 87438 |
| Grupo Argos SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24040 | &nbsp;&nbsp;&nbsp;&nbsp; 107986 |
| Grupo Cibest SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18160 | &nbsp;&nbsp;&nbsp;&nbsp; 332297 |
| Grupo Cibest SA ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp; 572490 |
| Grupo de Inversiones Suramericana SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18433 | &nbsp;&nbsp;&nbsp;&nbsp; 263204 |
| Interconexion Electrica SA ESP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110389 | &nbsp;&nbsp;&nbsp;&nbsp; 720329 |
|  |  | &nbsp;&nbsp;**$3459139** |

---

*4*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Croatia — 0.7% | Croatia — 0.7% | Croatia — 0.7% |
| Adris Grupa DD, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6147 | &nbsp;&nbsp;$592836 |
| Arena Hospitality Group DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2091 | &nbsp;&nbsp;&nbsp;&nbsp; 85989 |
| Atlantic Grupa DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2113 | &nbsp;&nbsp;&nbsp;&nbsp; 116284 |
| Ericsson Nikola Tesla DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;881 | &nbsp;&nbsp;&nbsp;&nbsp; 196611 |
| Hrvatski Telekom DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25199 | &nbsp;&nbsp;&nbsp;&nbsp; 1228212 |
| Koncar-Elektroindustrija DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284 | &nbsp;&nbsp;&nbsp;&nbsp; 233355 |
| Plava Laguna DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217 | &nbsp;&nbsp;&nbsp;&nbsp; 88013 |
| Podravka Prehrambena Ind DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2414 | &nbsp;&nbsp;&nbsp;&nbsp; 425163 |
| Valamar Riviera DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93891 | &nbsp;&nbsp;&nbsp;&nbsp; 716687 |
| Zagrebacka Banka DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6564 | &nbsp;&nbsp;&nbsp;&nbsp; 185048 |
|  |  | &nbsp;&nbsp;**$3868198** |
| Czech Republic — 0.6% | Czech Republic — 0.6% | Czech Republic — 0.6% |
| CEZ AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39089 | &nbsp;&nbsp;$2460149 |
| Colt CZ Group SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5528 | &nbsp;&nbsp;&nbsp;&nbsp; 198789 |
| Komercni Banka AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8045 | &nbsp;&nbsp;&nbsp;&nbsp; 453574 |
| Moneta Money Bank AS<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22255 | &nbsp;&nbsp;&nbsp;&nbsp; 209147 |
| Philip Morris CR AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176 | &nbsp;&nbsp;&nbsp;&nbsp; 158576 |
|  |  | &nbsp;&nbsp;**$3480235** |
| Egypt — 0.7% | Egypt — 0.7% | Egypt — 0.7% |
| Abou Kir Fertilizers & Chemical Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131900 | &nbsp;&nbsp;$141025 |
| Commercial International Bank - Egypt (CIB) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;468309 | &nbsp;&nbsp;&nbsp;&nbsp; 1011057 |
| Eastern Co. SAE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;901970 | &nbsp;&nbsp;&nbsp;&nbsp; 701532 |
| EFG Holding SAE<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329280 | &nbsp;&nbsp;&nbsp;&nbsp; 172001 |
| E-Finance for Digital & Financial Investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375212 | &nbsp;&nbsp;&nbsp;&nbsp; 145443 |
| Egyptian International Pharmaceutical Industries Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37035 | &nbsp;&nbsp;&nbsp;&nbsp; 60172 |
| ElSewedy Electric Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321993 | &nbsp;&nbsp;&nbsp;&nbsp; 528202 |
| Fawry for Banking & Payment Technology Services SAE<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341269 | &nbsp;&nbsp;&nbsp;&nbsp; 115329 |
| Madinet Masr For Housing & Development | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;728217 | &nbsp;&nbsp;&nbsp;&nbsp; 64578 |
| Misr Fertilizers Production Co. SAE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236714 | &nbsp;&nbsp;&nbsp;&nbsp; 151358 |
| Oriental Weavers | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;309329 | &nbsp;&nbsp;&nbsp;&nbsp; 150773 |
| Talaat Moustafa Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268673 | &nbsp;&nbsp;&nbsp;&nbsp; 450657 |
| U Consumer Finance<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98962 | &nbsp;&nbsp;&nbsp;&nbsp; 19502 |
|  |  | &nbsp;&nbsp;**$3711629** |
| Estonia — 0.5% | Estonia — 0.5% | Estonia — 0.5% |
| Tallink Grupp AS | &nbsp;&nbsp;&nbsp;&nbsp;2438014 | &nbsp;&nbsp;$1668706 |
| TKM Grupp AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81562 | &nbsp;&nbsp;&nbsp;&nbsp; 910536 |
|  |  | &nbsp;&nbsp;**$2579242** |
| Ghana — 0.2% | Ghana — 0.2% | Ghana — 0.2% |
| Aluworks Ltd.<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5176100 | &nbsp;&nbsp;$0 |
| CalBank PLC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341902 | &nbsp;&nbsp;&nbsp;&nbsp; 20897 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Ghana (continued) | Ghana (continued) | Ghana (continued) |
| Societe Generale Ghana PLC | &nbsp;&nbsp;&nbsp;&nbsp;1345362 | &nbsp;&nbsp;$576497 |
| Unilever Ghana PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249000 | &nbsp;&nbsp;&nbsp;&nbsp; 469317 |
|  |  | &nbsp;&nbsp;**$1066711** |
| Greece — 1.4% | Greece — 1.4% | Greece — 1.4% |
| Aegean Airlines SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6052 | &nbsp;&nbsp;$101377 |
| Alpha Bank SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115150 | &nbsp;&nbsp;&nbsp;&nbsp; 483984 |
| Athens Water Supply & Sewage Co. SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7175 | &nbsp;&nbsp;&nbsp;&nbsp; 66203 |
| Costamare Bulkers Holdings Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2793 | &nbsp;&nbsp;&nbsp;&nbsp; 43040 |
| Costamare, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13966 | &nbsp;&nbsp;&nbsp;&nbsp; 220523 |
| Eurobank SA, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169361 | &nbsp;&nbsp;&nbsp;&nbsp; 680944 |
| GEK TERNA SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9891 | &nbsp;&nbsp;&nbsp;&nbsp; 295328 |
| Hellenic Telecommunications Organization SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37632 | &nbsp;&nbsp;&nbsp;&nbsp; 744847 |
| Helleniq Energy Holdings SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23858 | &nbsp;&nbsp;&nbsp;&nbsp; 234119 |
| Holding Co. ADMIE IPTO SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39952 | &nbsp;&nbsp;&nbsp;&nbsp; 142663 |
| HUUUGE, Inc.<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13930 | &nbsp;&nbsp;&nbsp;&nbsp; 92420 |
| JUMBO SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22835 | &nbsp;&nbsp;&nbsp;&nbsp; 748699 |
| LAMDA Development SA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8969 | &nbsp;&nbsp;&nbsp;&nbsp; 74971 |
| Metlen Energy & Metals PLC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10614 | &nbsp;&nbsp;&nbsp;&nbsp; 548801 |
| Motor Oil (Hellas) Corinth Refineries SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18280 | &nbsp;&nbsp;&nbsp;&nbsp; 674397 |
| National Bank of Greece SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60470 | &nbsp;&nbsp;&nbsp;&nbsp; 922316 |
| OPAP SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28777 | &nbsp;&nbsp;&nbsp;&nbsp; 644663 |
| Public Power Corp. SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23724 | &nbsp;&nbsp;&nbsp;&nbsp; 506944 |
| Titan SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9557 | &nbsp;&nbsp;&nbsp;&nbsp; 588826 |
|  |  | &nbsp;&nbsp;**$7815065** |
| Hungary — 0.7% | Hungary — 0.7% | Hungary — 0.7% |
| Magyar Telekom Telecommunications PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60229 | &nbsp;&nbsp;$329779 |
| MOL Hungarian Oil & Gas PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100132 | &nbsp;&nbsp;&nbsp;&nbsp; 897350 |
| OTP Bank Nyrt | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14418 | &nbsp;&nbsp;&nbsp;&nbsp; 1545958 |
| Richter Gedeon Nyrt | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33234 | &nbsp;&nbsp;&nbsp;&nbsp; 1004661 |
|  |  | &nbsp;&nbsp;**$3777748** |
| Iceland — 0.5% | Iceland — 0.5% | Iceland — 0.5% |
| Alvotech SA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18000 | &nbsp;&nbsp;$92340 |
| Arion Banki Hf.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210165 | &nbsp;&nbsp;&nbsp;&nbsp; 338225 |
| Brim Hf. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;523945 | &nbsp;&nbsp;&nbsp;&nbsp; 307206 |
| Eik Fasteignafelag Hf. | &nbsp;&nbsp;&nbsp;&nbsp;1131355 | &nbsp;&nbsp;&nbsp;&nbsp; 124248 |
| Eimskipafelag Islands Hf. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20268 | &nbsp;&nbsp;&nbsp;&nbsp; 43987 |
| Festi Hf. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203114 | &nbsp;&nbsp;&nbsp;&nbsp; 524749 |
| Hagar Hf. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396887 | &nbsp;&nbsp;&nbsp;&nbsp; 369813 |
| Heimar Hf. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236668 | &nbsp;&nbsp;&nbsp;&nbsp; 70202 |
| Icelandair Group Hf.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4838238 | &nbsp;&nbsp;&nbsp;&nbsp; 34233 |
| Islandsbanki Hf. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101860 | &nbsp;&nbsp;&nbsp;&nbsp; 119828 |
| Kvika banki Hf. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;595941 | &nbsp;&nbsp;&nbsp;&nbsp; 87388 |
| Olgerdin Egill Skallagrims Hf.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;893270 | &nbsp;&nbsp;&nbsp;&nbsp; 126664 |

---

*5*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Iceland (continued) | Iceland (continued) | Iceland (continued) |
| Reitir Fasteignafelag Hf. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82656 | &nbsp;&nbsp;$84871 |
| Sildarvinnslan Hf. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274152 | &nbsp;&nbsp;&nbsp;&nbsp; 214263 |
| Siminn Hf. | &nbsp;&nbsp;&nbsp;&nbsp;2013433 | &nbsp;&nbsp;&nbsp;&nbsp; 234365 |
| Sjova-Almennar Tryggingar Hf. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328847 | &nbsp;&nbsp;&nbsp;&nbsp; 114079 |
| Syn Hf.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166726 | &nbsp;&nbsp;&nbsp;&nbsp; 24068 |
|  |  | &nbsp;&nbsp;**$2910529** |
| India — 6.8% | India — 6.8% | India — 6.8% |
| ABB India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2412 | &nbsp;&nbsp;$138854 |
| ACC Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3567 | &nbsp;&nbsp;&nbsp;&nbsp; 68995 |
| Adani Enterprises Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8725 | &nbsp;&nbsp;&nbsp;&nbsp; 217438 |
| Adani Green Energy Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9292 | &nbsp;&nbsp;&nbsp;&nbsp; 105006 |
| Adani Ports & Special Economic Zone Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13219 | &nbsp;&nbsp;&nbsp;&nbsp; 216396 |
| Adani Power Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185895 | &nbsp;&nbsp;&nbsp;&nbsp; 295528 |
| Adani Total Gas Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22093 | &nbsp;&nbsp;&nbsp;&nbsp; 139411 |
| Alkem Laboratories Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3800 | &nbsp;&nbsp;&nbsp;&nbsp; 232752 |
| Apollo Hospitals Enterprise Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3512 | &nbsp;&nbsp;&nbsp;&nbsp; 275406 |
| Ashok Leyland Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151080 | &nbsp;&nbsp;&nbsp;&nbsp; 301489 |
| Asian Paints Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13099 | &nbsp;&nbsp;&nbsp;&nbsp; 404121 |
| Astral Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4133 | &nbsp;&nbsp;&nbsp;&nbsp; 63930 |
| Aurobindo Pharma Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23200 | &nbsp;&nbsp;&nbsp;&nbsp; 305373 |
| Avenue Supermarts Ltd.<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4100 | &nbsp;&nbsp;&nbsp;&nbsp; 172635 |
| Axis Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25838 | &nbsp;&nbsp;&nbsp;&nbsp; 365362 |
| Bajaj Auto Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1140 | &nbsp;&nbsp;&nbsp;&nbsp; 118579 |
| Bajaj Finance Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp; 219940 |
| Bharat Forge Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14994 | &nbsp;&nbsp;&nbsp;&nbsp; 245578 |
| Bharat Petroleum Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73200 | &nbsp;&nbsp;&nbsp;&nbsp; 313129 |
| Bharti Airtel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138700 | &nbsp;&nbsp;&nbsp;&nbsp; 3255495 |
| Biocon Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15452 | &nbsp;&nbsp;&nbsp;&nbsp; 67741 |
| Bosch Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;952 | &nbsp;&nbsp;&nbsp;&nbsp; 381877 |
| Britannia Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 201291 |
| CG Power & Industrial Solutions Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24000 | &nbsp;&nbsp;&nbsp;&nbsp; 173032 |
| Cipla Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26154 | &nbsp;&nbsp;&nbsp;&nbsp; 439591 |
| Colgate-Palmolive (India) Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4100 | &nbsp;&nbsp;&nbsp;&nbsp; 94754 |
| Container Corp. of India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14735 | &nbsp;&nbsp;&nbsp;&nbsp; 86126 |
| Cummins India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1875 | &nbsp;&nbsp;&nbsp;&nbsp; 92533 |
| Dabur India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16400 | &nbsp;&nbsp;&nbsp;&nbsp; 91959 |
| Divi's Laboratories Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6919 | &nbsp;&nbsp;&nbsp;&nbsp; 491779 |
| DLF Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38758 | &nbsp;&nbsp;&nbsp;&nbsp; 296539 |
| Dr. Lal PathLabs Ltd.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8428 | &nbsp;&nbsp;&nbsp;&nbsp; 138965 |
| Dr. Reddy's Laboratories Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32090 | &nbsp;&nbsp;&nbsp;&nbsp; 453800 |
| Eicher Motors Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp;&nbsp;&nbsp; 301190 |
| Embassy Office Parks REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41800 | &nbsp;&nbsp;&nbsp;&nbsp; 202639 |
| Fortis Healthcare Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43036 | &nbsp;&nbsp;&nbsp;&nbsp; 423267 |
| GAIL (India) Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144000 | &nbsp;&nbsp;&nbsp;&nbsp; 276183 |
| GlaxoSmithKline Pharmaceuticals Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6312 | &nbsp;&nbsp;&nbsp;&nbsp; 173769 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| India (continued) | India (continued) | India (continued) |
| Glenmark Pharmaceuticals Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12558 | &nbsp;&nbsp;$284441 |
| Godrej Consumer Products Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9364 | &nbsp;&nbsp;&nbsp;&nbsp; 127455 |
| Godrej Properties Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7252 | &nbsp;&nbsp;&nbsp;&nbsp; 161789 |
| Grasim Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8195 | &nbsp;&nbsp;&nbsp;&nbsp; 258072 |
| Havells India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10504 | &nbsp;&nbsp;&nbsp;&nbsp; 166648 |
| HCL Technologies Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42337 | &nbsp;&nbsp;&nbsp;&nbsp; 765173 |
| HDFC Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43632 | &nbsp;&nbsp;&nbsp;&nbsp; 481998 |
| HDFC Life Insurance Co. Ltd.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp; 58481 |
| Hero MotoCorp Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7524 | &nbsp;&nbsp;&nbsp;&nbsp; 483471 |
| Hindalco Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29400 | &nbsp;&nbsp;&nbsp;&nbsp; 290157 |
| Hindustan Aeronautics Ltd.<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;&nbsp; 263945 |
| Hindustan Petroleum Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73122 | &nbsp;&nbsp;&nbsp;&nbsp; 406457 |
| Hindustan Unilever Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23929 | &nbsp;&nbsp;&nbsp;&nbsp; 616656 |
| Hindustan Zinc Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27461 | &nbsp;&nbsp;&nbsp;&nbsp; 187217 |
| ICICI Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36451 | &nbsp;&nbsp;&nbsp;&nbsp; 545547 |
| Indian Hotels Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22700 | &nbsp;&nbsp;&nbsp;&nbsp; 186840 |
| Indian Oil Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132000 | &nbsp;&nbsp;&nbsp;&nbsp; 244711 |
| Indian Railway Catering & Tourism Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8800 | &nbsp;&nbsp;&nbsp;&nbsp; 67103 |
| IndusInd Bank Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5700 | &nbsp;&nbsp;&nbsp;&nbsp; 54837 |
| Info Edge India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27000 | &nbsp;&nbsp;&nbsp;&nbsp; 400808 |
| Infosys Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94613 | &nbsp;&nbsp;&nbsp;&nbsp; 1703874 |
| InterGlobe Aviation Ltd.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp; 197419 |
| ITC Hotels Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7184 | &nbsp;&nbsp;&nbsp;&nbsp; 15806 |
| ITC Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71847 | &nbsp;&nbsp;&nbsp;&nbsp; 322457 |
| Jindal Steel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26049 | &nbsp;&nbsp;&nbsp;&nbsp; 305391 |
| Jio Financial Services Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45331 | &nbsp;&nbsp;&nbsp;&nbsp; 148882 |
| JSW Steel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30895 | &nbsp;&nbsp;&nbsp;&nbsp; 400729 |
| Kotak Mahindra Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9041 | &nbsp;&nbsp;&nbsp;&nbsp; 221780 |
| Kwality Wall's India Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23929 | &nbsp;&nbsp;&nbsp;&nbsp; 10170 |
| Larsen & Toubro Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11538 | &nbsp;&nbsp;&nbsp;&nbsp; 524381 |
| Laurus Labs Ltd.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18991 | &nbsp;&nbsp;&nbsp;&nbsp; 234089 |
| LTIMindtree Ltd.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2744 | &nbsp;&nbsp;&nbsp;&nbsp; 185331 |
| Lupin Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13532 | &nbsp;&nbsp;&nbsp;&nbsp; 317856 |
| Mahindra & Mahindra Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15361 | &nbsp;&nbsp;&nbsp;&nbsp; 634395 |
| Marico Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24500 | &nbsp;&nbsp;&nbsp;&nbsp; 204507 |
| Maruti Suzuki India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3087 | &nbsp;&nbsp;&nbsp;&nbsp; 574120 |
| Max Healthcare Institute Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25200 | &nbsp;&nbsp;&nbsp;&nbsp; 293112 |
| Mphasis Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4679 | &nbsp;&nbsp;&nbsp;&nbsp; 145227 |
| Nestle India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17300 | &nbsp;&nbsp;&nbsp;&nbsp; 247892 |
| NTPC Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178878 | &nbsp;&nbsp;&nbsp;&nbsp; 656614 |
| Persistent Systems Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5600 | &nbsp;&nbsp;&nbsp;&nbsp; 390959 |
| Petronet LNG Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70400 | &nbsp;&nbsp;&nbsp;&nbsp; 222518 |
| Phoenix Mills Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17000 | &nbsp;&nbsp;&nbsp;&nbsp; 351022 |
| PI Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3875 | &nbsp;&nbsp;&nbsp;&nbsp; 139771 |
| Pidilite Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8400 | &nbsp;&nbsp;&nbsp;&nbsp; 138579 |
| Piramal Finance Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9818 | &nbsp;&nbsp;&nbsp;&nbsp; 179474 |

---

*6*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| India (continued) | India (continued) | India (continued) |
| Power Grid Corp. of India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139964 | &nbsp;&nbsp;$412720 |
| PVR Inox Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5206 | &nbsp;&nbsp;&nbsp;&nbsp; 58812 |
| Reliance Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171624 | &nbsp;&nbsp;&nbsp;&nbsp; 3003182 |
| SBI Life Insurance Co. Ltd.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2900 | &nbsp;&nbsp;&nbsp;&nbsp; 65734 |
| Siemens Energy India Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3216 | &nbsp;&nbsp;&nbsp;&nbsp; 91407 |
| Siemens Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3216 | &nbsp;&nbsp;&nbsp;&nbsp; 109793 |
| SRF Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3242 | &nbsp;&nbsp;&nbsp;&nbsp; 111083 |
| State Bank of India GDR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1968 | &nbsp;&nbsp;&nbsp;&nbsp; 214024 |
| Sun Pharmaceutical Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35292 | &nbsp;&nbsp;&nbsp;&nbsp; 675764 |
| Tata Communications Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20183 | &nbsp;&nbsp;&nbsp;&nbsp; 409908 |
| Tata Consultancy Services Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33114 | &nbsp;&nbsp;&nbsp;&nbsp; 1183136 |
| Tata Consumer Products Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22090 | &nbsp;&nbsp;&nbsp;&nbsp; 292957 |
| Tata Elxsi Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 87551 |
| Tata Motors Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22186 | &nbsp;&nbsp;&nbsp;&nbsp; 102563 |
| Tata Motors Passenger Vehicles Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22186 | &nbsp;&nbsp;&nbsp;&nbsp; 90795 |
| Tata Power Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113900 | &nbsp;&nbsp;&nbsp;&nbsp; 481508 |
| Tata Steel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197542 | &nbsp;&nbsp;&nbsp;&nbsp; 395727 |
| Tech Mahindra Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27077 | &nbsp;&nbsp;&nbsp;&nbsp; 479605 |
| Titan Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11734 | &nbsp;&nbsp;&nbsp;&nbsp; 529712 |
| Torrent Pharmaceuticals Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7900 | &nbsp;&nbsp;&nbsp;&nbsp; 338142 |
| Trent Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 143073 |
| Tube Investments of India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2704 | &nbsp;&nbsp;&nbsp;&nbsp; 78642 |
| United Spirits Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14200 | &nbsp;&nbsp;&nbsp;&nbsp; 228176 |
| UPL Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25559 | &nbsp;&nbsp;&nbsp;&nbsp; 226334 |
| Varun Beverages Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27500 | &nbsp;&nbsp;&nbsp;&nbsp; 150130 |
| Vedanta Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52000 | &nbsp;&nbsp;&nbsp;&nbsp; 349874 |
| Vodafone Idea Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;841401 | &nbsp;&nbsp;&nbsp;&nbsp; 100871 |
| Voltas Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14121 | &nbsp;&nbsp;&nbsp;&nbsp; 213885 |
| Wipro Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86106 | &nbsp;&nbsp;&nbsp;&nbsp; 252444 |
| Zydus Life Sciences Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19960 | &nbsp;&nbsp;&nbsp;&nbsp; 203341 |
|  |  | &nbsp;&nbsp;**$37741506** |
| Indonesia — 2.6% | Indonesia — 2.6% | Indonesia — 2.6% |
| AKR Corporindo Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;974300 | &nbsp;&nbsp;$73498 |
| Alamtri Resources Indonesia Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;3538300 | &nbsp;&nbsp;&nbsp;&nbsp; 383441 |
| Amman Mineral Internasional PT<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;681500 | &nbsp;&nbsp;&nbsp;&nbsp; 262377 |
| Aneka Tambang Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;1547400 | &nbsp;&nbsp;&nbsp;&nbsp; 291502 |
| Astra Agro Lestari Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213500 | &nbsp;&nbsp;&nbsp;&nbsp; 94459 |
| Astra International Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;4279900 | &nbsp;&nbsp;&nbsp;&nbsp; 1717767 |
| Astrindo Nusantara Infrastructure Tbk. PT<sup>(1)</sup> | 14364900 | &nbsp;&nbsp;&nbsp;&nbsp; 73973 |
| Bank Central Asia Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;1051200 | &nbsp;&nbsp;&nbsp;&nbsp; 507621 |
| Bank Mandiri Persero Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;770400 | &nbsp;&nbsp;&nbsp;&nbsp; 234920 |
| Bank Negara Indonesia Persero Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373400 | &nbsp;&nbsp;&nbsp;&nbsp; 97555 |
| Bank Rakyat Indonesia Persero Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;1527228 | &nbsp;&nbsp;&nbsp;&nbsp; 334473 |
| Barito Renewables Energy Tbk. PT<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1423900 | &nbsp;&nbsp;&nbsp;&nbsp; 827815 |
| Bukalapak.com Tbk. PT<sup>(1)</sup> | 14207700 | &nbsp;&nbsp;&nbsp;&nbsp; 134402 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Indonesia (continued) | Indonesia (continued) | Indonesia (continued) |
| Bukit Asam Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;807500 | &nbsp;&nbsp;$111710 |
| Chandra Asri Pacific Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;724200 | &nbsp;&nbsp;&nbsp;&nbsp; 303316 |
| Charoen Pokphand Indonesia Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;943800 | &nbsp;&nbsp;&nbsp;&nbsp; 254916 |
| Ciputra Development Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;3435600 | &nbsp;&nbsp;&nbsp;&nbsp; 170592 |
| Elang Mahkota Teknologi Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;3975100 | &nbsp;&nbsp;&nbsp;&nbsp; 257531 |
| GoTo Gojek Tokopedia Tbk. PT<sup>(1)</sup> | 265846400 | &nbsp;&nbsp;&nbsp;&nbsp; 1016538 |
| Indah Kiat Pulp & Paper Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;574600 | &nbsp;&nbsp;&nbsp;&nbsp; 292153 |
| Indocement Tunggal Prakarsa Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157900 | &nbsp;&nbsp;&nbsp;&nbsp; 70634 |
| Indofood CBP Sukses Makmur Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340600 | &nbsp;&nbsp;&nbsp;&nbsp; 167174 |
| Indofood Sukses Makmur Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;819000 | &nbsp;&nbsp;&nbsp;&nbsp; 332127 |
| Indosat Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;756000 | &nbsp;&nbsp;&nbsp;&nbsp; 105080 |
| Japfa Comfeed Indonesia Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;594100 | &nbsp;&nbsp;&nbsp;&nbsp; 93079 |
| Jasa Marga (Persero) Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;612900 | &nbsp;&nbsp;&nbsp;&nbsp; 125072 |
| Kalbe Farma Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;8791300 | &nbsp;&nbsp;&nbsp;&nbsp; 634254 |
| Map Aktif Adiperkasa PT | &nbsp;&nbsp;&nbsp;&nbsp;2430400 | &nbsp;&nbsp;&nbsp;&nbsp; 97351 |
| MD Entertainment Tbk. PT<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394790 | &nbsp;&nbsp;&nbsp;&nbsp; 343341 |
| Medikaloka Hermina Tbk. PT<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2797800 | &nbsp;&nbsp;&nbsp;&nbsp; 230978 |
| Mitra Adiperkasa Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;1435700 | &nbsp;&nbsp;&nbsp;&nbsp; 100178 |
| Mitra Keluarga Karyasehat Tbk. PT<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;935900 | &nbsp;&nbsp;&nbsp;&nbsp; 133484 |
| Pertamina Geothermal Energy PT<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1594400 | &nbsp;&nbsp;&nbsp;&nbsp; 107465 |
| Perusahaan Gas Negara Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;2827100 | &nbsp;&nbsp;&nbsp;&nbsp; 323053 |
| Petrindo Jaya Kreasi Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;3121000 | &nbsp;&nbsp;&nbsp;&nbsp; 436658 |
| Sarana Menara Nusantara Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;4365400 | &nbsp;&nbsp;&nbsp;&nbsp; 153061 |
| Semen Indonesia Persero Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;863000 | &nbsp;&nbsp;&nbsp;&nbsp; 136090 |
| Sumber Alfaria Trijaya Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;1689800 | &nbsp;&nbsp;&nbsp;&nbsp; 199760 |
| Surya Citra Media Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;5124900 | &nbsp;&nbsp;&nbsp;&nbsp; 103562 |
| Surya Semesta Internusa Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;1059800 | &nbsp;&nbsp;&nbsp;&nbsp; 106612 |
| Telkom Indonesia Persero Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;6423900 | &nbsp;&nbsp;&nbsp;&nbsp; 1344107 |
| Unilever Indonesia Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;677300 | &nbsp;&nbsp;&nbsp;&nbsp; 105521 |
| United Tractors Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;602400 | &nbsp;&nbsp;&nbsp;&nbsp; 1065055 |
| XLSMART Telecom Sejahtera Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;731300 | &nbsp;&nbsp;&nbsp;&nbsp; 164372 |
|  |  | &nbsp;&nbsp;**$14118627** |
| Jordan — 0.6% | Jordan — 0.6% | Jordan — 0.6% |
| Arab Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116766 | &nbsp;&nbsp;$1128758 |
| Arab Potash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13801 | &nbsp;&nbsp;&nbsp;&nbsp; 737372 |
| Capital Bank of Jordan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20818 | &nbsp;&nbsp;&nbsp;&nbsp; 92270 |
| International General Insurance Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12200 | &nbsp;&nbsp;&nbsp;&nbsp; 306098 |
| Jordan Islamic Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19244 | &nbsp;&nbsp;&nbsp;&nbsp; 125032 |
| Jordan Petroleum Refinery Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59793 | &nbsp;&nbsp;&nbsp;&nbsp; 496490 |
| Jordan Phosphate Mines | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8503 | &nbsp;&nbsp;&nbsp;&nbsp; 284197 |
| Jordanian Electric Power Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67684 | &nbsp;&nbsp;&nbsp;&nbsp; 351510 |
|  |  | &nbsp;&nbsp;**$3521727** |
| Kazakhstan — 0.6% | Kazakhstan — 0.6% | Kazakhstan — 0.6% |
| Freedom Holding Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2400 | &nbsp;&nbsp;$292032 |

---

*7*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Kazakhstan (continued) | Kazakhstan (continued) | Kazakhstan (continued) |
| Halyk Savings Bank of Kazakhstan JSC GDR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36909 | &nbsp;&nbsp;$1104740 |
| Kaspi.KZ JSC ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3710 | &nbsp;&nbsp;&nbsp;&nbsp; 289862 |
| KCell JSC GDR<sup>(1)(3)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203224 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| NAC Kazatomprom JSC GDR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32207 | &nbsp;&nbsp;&nbsp;&nbsp; 1797151 |
|  |  | &nbsp;&nbsp;**$3483785** |
| Kenya — 0.7% | Kenya — 0.7% | Kenya — 0.7% |
| ABSA Bank Kenya PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;527120 | &nbsp;&nbsp;$99507 |
| East African Breweries PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359076 | &nbsp;&nbsp;&nbsp;&nbsp; 753188 |
| Equity Group Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;1165800 | &nbsp;&nbsp;&nbsp;&nbsp; 600699 |
| KCB Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;804860 | &nbsp;&nbsp;&nbsp;&nbsp; 411806 |
| Safaricom PLC | &nbsp;&nbsp;&nbsp;&nbsp;8255000 | &nbsp;&nbsp;&nbsp;&nbsp; 1825979 |
|  |  | &nbsp;&nbsp;**$3691179** |
| Kuwait — 1.3% | Kuwait — 1.3% | Kuwait — 1.3% |
| Agility Global PLC | &nbsp;&nbsp;&nbsp;&nbsp;1031757 | &nbsp;&nbsp;$342824 |
| Agility Public Warehousing Co. KSCC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365871 | &nbsp;&nbsp;&nbsp;&nbsp; 167640 |
| Al Ahli Bank of Kuwait KSCP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105953 | &nbsp;&nbsp;&nbsp;&nbsp; 101221 |
| Boubyan Bank KSCP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91350 | &nbsp;&nbsp;&nbsp;&nbsp; 212187 |
| Boubyan Petrochemicals Co. KSCP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95970 | &nbsp;&nbsp;&nbsp;&nbsp; 183006 |
| Gulf Bank KSCP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193218 | &nbsp;&nbsp;&nbsp;&nbsp; 223926 |
| Gulf Cables & Electrical Industries Group Co. KSCP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13228 | &nbsp;&nbsp;&nbsp;&nbsp; 90073 |
| Humansoft Holding Co. KSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18898 | &nbsp;&nbsp;&nbsp;&nbsp; 161205 |
| Kuwait Finance House KSCP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;685315 | &nbsp;&nbsp;&nbsp;&nbsp; 1805567 |
| Kuwait International Bank KSCP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155876 | &nbsp;&nbsp;&nbsp;&nbsp; 138756 |
| Mabanee Co. KPSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254544 | &nbsp;&nbsp;&nbsp;&nbsp; 901943 |
| Mobile Telecommunications Co. KSCP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387776 | &nbsp;&nbsp;&nbsp;&nbsp; 653733 |
| National Bank of Kuwait SAKP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;547567 | &nbsp;&nbsp;&nbsp;&nbsp; 1805277 |
| National Industries Group Holding SAK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;448351 | &nbsp;&nbsp;&nbsp;&nbsp; 435192 |
|  |  | &nbsp;&nbsp;**$7222550** |
| Lebanon — 0.0% | Lebanon — 0.0% | Lebanon — 0.0% |
| Bank Audi SAL GDR<sup>(1)(3)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Lithuania — 0.5% | Lithuania — 0.5% | Lithuania — 0.5% |
| Apranga PVA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85161 | &nbsp;&nbsp;$344216 |
| Artea Bankas AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;931034 | &nbsp;&nbsp;&nbsp;&nbsp; 1029959 |
| KN Energies AB | &nbsp;&nbsp;&nbsp;&nbsp;1044642 | &nbsp;&nbsp;&nbsp;&nbsp; 498423 |
| Rokiskio Suris | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157707 | &nbsp;&nbsp;&nbsp;&nbsp; 845270 |
|  |  | &nbsp;&nbsp;**$2717868** |
| Malaysia — 2.3% | Malaysia — 2.3% | Malaysia — 2.3% |
| Axiata Group Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192175 | &nbsp;&nbsp;$119314 |
| Bermaz Auto Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327300 | &nbsp;&nbsp;&nbsp;&nbsp; 57246 |
| Bumi Armada Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;605000 | &nbsp;&nbsp;&nbsp;&nbsp; 43910 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Malaysia (continued) | Malaysia (continued) | Malaysia (continued) |
| CelcomDigi Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;422600 | &nbsp;&nbsp;$332157 |
| CIMB Group Holdings Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147724 | &nbsp;&nbsp;&nbsp;&nbsp; 299985 |
| Dialog Group Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;991150 | &nbsp;&nbsp;&nbsp;&nbsp; 409730 |
| Fraser & Neave Holdings Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26000 | &nbsp;&nbsp;&nbsp;&nbsp; 227497 |
| Gamuda Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342600 | &nbsp;&nbsp;&nbsp;&nbsp; 419570 |
| Genting Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391000 | &nbsp;&nbsp;&nbsp;&nbsp; 290798 |
| Greatech Technology Bhd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281600 | &nbsp;&nbsp;&nbsp;&nbsp; 109095 |
| Hibiscus Petroleum Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144200 | &nbsp;&nbsp;&nbsp;&nbsp; 53186 |
| Hong Leong Bank Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26500 | &nbsp;&nbsp;&nbsp;&nbsp; 144533 |
| IGB Real Estate Investment Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202800 | &nbsp;&nbsp;&nbsp;&nbsp; 136432 |
| IHH Healthcare Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;693100 | &nbsp;&nbsp;&nbsp;&nbsp; 1494819 |
| IJM Corp. Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72240 | &nbsp;&nbsp;&nbsp;&nbsp; 40336 |
| Inari Amertron Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;1398150 | &nbsp;&nbsp;&nbsp;&nbsp; 576856 |
| IOI Corp. Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160200 | &nbsp;&nbsp;&nbsp;&nbsp; 157948 |
| ITMAX SYSTEM Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111200 | &nbsp;&nbsp;&nbsp;&nbsp; 130644 |
| Kossan Rubber Industries Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;587700 | &nbsp;&nbsp;&nbsp;&nbsp; 157663 |
| KPJ Healthcare Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;443100 | &nbsp;&nbsp;&nbsp;&nbsp; 293561 |
| Kuala Lumpur Kepong Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29450 | &nbsp;&nbsp;&nbsp;&nbsp; 145076 |
| Mah Sing Group Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;409600 | &nbsp;&nbsp;&nbsp;&nbsp; 97179 |
| Malayan Banking Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132286 | &nbsp;&nbsp;&nbsp;&nbsp; 341547 |
| Malaysian Pacific Industries Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16600 | &nbsp;&nbsp;&nbsp;&nbsp; 131609 |
| Maxis Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297300 | &nbsp;&nbsp;&nbsp;&nbsp; 277474 |
| MBM Resources Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63400 | &nbsp;&nbsp;&nbsp;&nbsp; 81375 |
| MISC Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55240 | &nbsp;&nbsp;&nbsp;&nbsp; 106152 |
| Mr DIY Group M Bhd.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;562700 | &nbsp;&nbsp;&nbsp;&nbsp; 211851 |
| Padini Holdings Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200100 | &nbsp;&nbsp;&nbsp;&nbsp; 88318 |
| Petronas Chemicals Group Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106800 | &nbsp;&nbsp;&nbsp;&nbsp; 95362 |
| Petronas Dagangan Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100700 | &nbsp;&nbsp;&nbsp;&nbsp; 495034 |
| Petronas Gas Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50974 | &nbsp;&nbsp;&nbsp;&nbsp; 227940 |
| PPB Group Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21360 | &nbsp;&nbsp;&nbsp;&nbsp; 58201 |
| Press Metal Aluminium Holdings Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;503200 | &nbsp;&nbsp;&nbsp;&nbsp; 882529 |
| Public Bank Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342790 | &nbsp;&nbsp;&nbsp;&nbsp; 383270 |
| QL Resources Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98200 | &nbsp;&nbsp;&nbsp;&nbsp; 91695 |
| RHB Bank Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70159 | &nbsp;&nbsp;&nbsp;&nbsp; 133260 |
| Riverstone Holdings Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;446600 | &nbsp;&nbsp;&nbsp;&nbsp; 302040 |
| SD Guthrie Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207609 | &nbsp;&nbsp;&nbsp;&nbsp; 293157 |
| Sime Darby Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217645 | &nbsp;&nbsp;&nbsp;&nbsp; 115224 |
| Sunway Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136000 | &nbsp;&nbsp;&nbsp;&nbsp; 188371 |
| Sunway Real Estate Investment Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;512000 | &nbsp;&nbsp;&nbsp;&nbsp; 291421 |
| Supermax Corp. Bhd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1629120 | &nbsp;&nbsp;&nbsp;&nbsp; 134195 |
| Telekom Malaysia Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189500 | &nbsp;&nbsp;&nbsp;&nbsp; 375693 |
| Tenaga Nasional Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132831 | &nbsp;&nbsp;&nbsp;&nbsp; 448713 |
| TIME dotCom Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154100 | &nbsp;&nbsp;&nbsp;&nbsp; 212231 |
| Top Glove Corp. Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;1115720 | &nbsp;&nbsp;&nbsp;&nbsp; 177259 |
| ViTrox Corp. Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213500 | &nbsp;&nbsp;&nbsp;&nbsp; 208867 |
| VS Industry Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;1715364 | &nbsp;&nbsp;&nbsp;&nbsp; 204245 |

---

*8*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Malaysia (continued) | Malaysia (continued) | Malaysia (continued) |
| Yinson Holdings Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320000 | &nbsp;&nbsp;$185944 |
| Zetrix Ai Bhd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173700 | &nbsp;&nbsp;&nbsp;&nbsp; 34607 |
|  |  | &nbsp;&nbsp;**$12515119** |
| Mauritius — 0.6% | Mauritius — 0.6% | Mauritius — 0.6% |
| Alteo Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383939 | &nbsp;&nbsp;$100669 |
| CIEL Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;3055969 | &nbsp;&nbsp;&nbsp;&nbsp; 575315 |
| CIM Financial Services Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;471828 | &nbsp;&nbsp;&nbsp;&nbsp; 172673 |
| ENL Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57167 | &nbsp;&nbsp;&nbsp;&nbsp; 7783 |
| IBL Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160284 | &nbsp;&nbsp;&nbsp;&nbsp; 102061 |
| Lavastone Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;2649077 | &nbsp;&nbsp;&nbsp;&nbsp; 72763 |
| Lighthouse Properties PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;824036 | &nbsp;&nbsp;&nbsp;&nbsp; 419902 |
| MCB Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93106 | &nbsp;&nbsp;&nbsp;&nbsp; 875927 |
| Miwa Sugar Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383939 | &nbsp;&nbsp;&nbsp;&nbsp; 53704 |
| Newenlrogers Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349474 | &nbsp;&nbsp;&nbsp;&nbsp; 165476 |
| Phoenix Beverages Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23053 | &nbsp;&nbsp;&nbsp;&nbsp; 313806 |
| SBM Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;806564 | &nbsp;&nbsp;&nbsp;&nbsp; 116344 |
| Terra Mauricia Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84900 | &nbsp;&nbsp;&nbsp;&nbsp; 35123 |
| United Basalt Products Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64613 | &nbsp;&nbsp;&nbsp;&nbsp; 76738 |
|  |  | &nbsp;&nbsp;**$3088284** |
| Mexico — 5.3% | Mexico — 5.3% | Mexico — 5.3% |
| Alpek SAB de CV<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216944 | &nbsp;&nbsp;$111318 |
| Alsea SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215100 | &nbsp;&nbsp;&nbsp;&nbsp; 645509 |
| America Movil SAB de CV, Series B | &nbsp;&nbsp;&nbsp;&nbsp;4195790 | &nbsp;&nbsp;&nbsp;&nbsp; 4331514 |
| Arca Continental SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25800 | &nbsp;&nbsp;&nbsp;&nbsp; 278667 |
| Cemex SAB de CV, Series CPO | &nbsp;&nbsp;&nbsp;&nbsp;1727318 | &nbsp;&nbsp;&nbsp;&nbsp; 1983670 |
| Coca-Cola Femsa SAB de CV<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37610 | &nbsp;&nbsp;&nbsp;&nbsp; 357188 |
| Concentradora Fibra Danhos SA de CV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243100 | &nbsp;&nbsp;&nbsp;&nbsp; 378133 |
| Corp. Inmobiliaria Vesta SAB de CV<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229100 | &nbsp;&nbsp;&nbsp;&nbsp; 700754 |
| El Puerto de Liverpool SAB de CV, Class C1<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119200 | &nbsp;&nbsp;&nbsp;&nbsp; 661946 |
| Empresas ICA SAB de CV<sup>(1)(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21849 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| FIBRA Macquarie Mexico<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201713 | &nbsp;&nbsp;&nbsp;&nbsp; 378838 |
| Fibra Uno Administracion SA de CV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;598067 | &nbsp;&nbsp;&nbsp;&nbsp; 898720 |
| Fomento Economico Mexicano SAB de CV, Series UBD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp; 1263571 |
| GCC SAB de CV<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21400 | &nbsp;&nbsp;&nbsp;&nbsp; 216953 |
| Genomma Lab Internacional SAB de CV, Class B<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144400 | &nbsp;&nbsp;&nbsp;&nbsp; 143618 |
| Gruma SAB de CV, Class B<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13000 | &nbsp;&nbsp;&nbsp;&nbsp; 223464 |
| Grupo Aeroportuario del Centro Norte SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52500 | &nbsp;&nbsp;&nbsp;&nbsp; 712595 |
| Grupo Aeroportuario del Pacifico SAB de CV, Class B<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61900 | &nbsp;&nbsp;&nbsp;&nbsp; 1619111 |
| Grupo Aeroportuario del Sureste SAB de CV, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27954 | &nbsp;&nbsp;&nbsp;&nbsp; 901793 |
| Grupo Bimbo SAB de CV, Series A<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137408 | &nbsp;&nbsp;&nbsp;&nbsp; 450205 |
| Grupo Carso SAB de CV, Series A1<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91500 | &nbsp;&nbsp;&nbsp;&nbsp; 601209 |
| Grupo Comercial Chedraui SA de CV<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17000 | &nbsp;&nbsp;&nbsp;&nbsp; 116383 |
| Grupo Elektra SAB de CV<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3319 | &nbsp;&nbsp;&nbsp;&nbsp; 68767 |
| Grupo Financiero Banorte SAB de CV, Class O | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98000 | &nbsp;&nbsp;&nbsp;&nbsp; 907973 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Mexico (continued) | Mexico (continued) | Mexico (continued) |
| Grupo Financiero Inbursa SAB de CV, Class O | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266716 | &nbsp;&nbsp;$643110 |
| Grupo Mexico SAB de CV, Series B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347656 | &nbsp;&nbsp;&nbsp;&nbsp; 3285911 |
| Grupo Televisa SAB, Series C<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;318600 | &nbsp;&nbsp;&nbsp;&nbsp; 186303 |
| Industrias Penoles SAB de CV<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18649 | &nbsp;&nbsp;&nbsp;&nbsp; 979680 |
| Kimberly-Clark de Mexico SAB de CV, Class A<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77110 | &nbsp;&nbsp;&nbsp;&nbsp; 164476 |
| Megacable Holdings SAB de CV<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55900 | &nbsp;&nbsp;&nbsp;&nbsp; 160894 |
| Nemak SAB de CV<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1641216 | &nbsp;&nbsp;&nbsp;&nbsp; 330841 |
| Ollamani SAB<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13023 | &nbsp;&nbsp;&nbsp;&nbsp; 55686 |
| Operadora De Sites Mexicanos SAB de CV, Class A1<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233764 | &nbsp;&nbsp;&nbsp;&nbsp; 197968 |
| Orbia Advance Corp. SAB de CV<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138967 | &nbsp;&nbsp;&nbsp;&nbsp; 120234 |
| Prologis Property Mexico SA de CV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291224 | &nbsp;&nbsp;&nbsp;&nbsp; 1216486 |
| Promotora y Operadora de Infraestructura SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34350 | &nbsp;&nbsp;&nbsp;&nbsp; 509751 |
| Sigma Foods SAB de CV, Series A<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;699969 | &nbsp;&nbsp;&nbsp;&nbsp; 612218 |
| Ternium SA ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7422 | &nbsp;&nbsp;&nbsp;&nbsp; 283446 |
| Vista Energy SAB de CV ADR<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35400 | &nbsp;&nbsp;&nbsp;&nbsp; 1722564 |
| Wal-Mart de Mexico SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317964 | &nbsp;&nbsp;&nbsp;&nbsp; 988986 |
|  |  | &nbsp;&nbsp;**$29410453** |
| Morocco — 0.7% | Morocco — 0.7% | Morocco — 0.7% |
| Attijariwafa Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7499 | &nbsp;&nbsp;$600059 |
| Bank of Africa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4089 | &nbsp;&nbsp;&nbsp;&nbsp; 100800 |
| Banque Centrale Populaire | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4384 | &nbsp;&nbsp;&nbsp;&nbsp; 139235 |
| Co. Sucrerie Marocaine et de Raffinage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18969 | &nbsp;&nbsp;&nbsp;&nbsp; 423647 |
| Itissalat Al-Maghrib | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57814 | &nbsp;&nbsp;&nbsp;&nbsp; 689259 |
| Label Vie | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283 | &nbsp;&nbsp;&nbsp;&nbsp; 142377 |
| LafargeHolcim Maroc SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1107 | &nbsp;&nbsp;&nbsp;&nbsp; 223068 |
| Managem SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;936 | &nbsp;&nbsp;&nbsp;&nbsp; 655542 |
| Societe d'Exploitation des Ports | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5955 | &nbsp;&nbsp;&nbsp;&nbsp; 619427 |
| TAQA Morocco SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;723 | &nbsp;&nbsp;&nbsp;&nbsp; 167746 |
|  |  | &nbsp;&nbsp;**$3761160** |
| Oman — 0.6% | Oman — 0.6% | Oman — 0.6% |
| Al Anwar Ceramic Tiles Co. SAOG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72000 | &nbsp;&nbsp;$34776 |
| Bank Muscat SAOG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;810980 | &nbsp;&nbsp;&nbsp;&nbsp; 700524 |
| Bank Nizwa SAOG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;634842 | &nbsp;&nbsp;&nbsp;&nbsp; 174763 |
| National Bank of Oman SAOG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;263458 | &nbsp;&nbsp;&nbsp;&nbsp; 261476 |
| Oman Cement Co. SAOG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99831 | &nbsp;&nbsp;&nbsp;&nbsp; 128207 |
| Oman Flour Mills Co. SAOG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75841 | &nbsp;&nbsp;&nbsp;&nbsp; 93547 |
| Oman Telecommunications Co. SAOG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244062 | &nbsp;&nbsp;&nbsp;&nbsp; 659647 |
| Omani Qatari Telecommunications Co. SAOG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204765 | &nbsp;&nbsp;&nbsp;&nbsp; 151473 |
| OQ Exploration & Production SAOG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290850 | &nbsp;&nbsp;&nbsp;&nbsp; 271869 |
| OQ Gas Networks SAOC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460800 | &nbsp;&nbsp;&nbsp;&nbsp; 232181 |
| Renaissance Services SAOG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235753 | &nbsp;&nbsp;&nbsp;&nbsp; 194080 |
| Sembcorp Salalah Power & Water Co. SAOG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377934 | &nbsp;&nbsp;&nbsp;&nbsp; 202533 |
| Sohar International Bank SAOG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;626550 | &nbsp;&nbsp;&nbsp;&nbsp; 257086 |
|  |  | &nbsp;&nbsp;**$3362162** |

---

*9*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Pakistan — 0.6% | Pakistan — 0.6% | Pakistan — 0.6% |
| Engro Holdings Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147139 | &nbsp;&nbsp;$124094 |
| Fauji Fertilizer Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167205 | &nbsp;&nbsp;&nbsp;&nbsp; 352621 |
| Habib Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133780 | &nbsp;&nbsp;&nbsp;&nbsp; 155187 |
| Hub Power Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360081 | &nbsp;&nbsp;&nbsp;&nbsp; 284848 |
| IBEX Holdings Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5700 | &nbsp;&nbsp;&nbsp;&nbsp; 217626 |
| Lucky Cement Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271915 | &nbsp;&nbsp;&nbsp;&nbsp; 463586 |
| Mari Energies Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73632 | &nbsp;&nbsp;&nbsp;&nbsp; 188413 |
| MCB Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83014 | &nbsp;&nbsp;&nbsp;&nbsp; 112435 |
| Meezan Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116683 | &nbsp;&nbsp;&nbsp;&nbsp; 185313 |
| Millat Tractors Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42892 | &nbsp;&nbsp;&nbsp;&nbsp; 81162 |
| Nishat Mills Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155957 | &nbsp;&nbsp;&nbsp;&nbsp; 98634 |
| Oil & Gas Development Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199423 | &nbsp;&nbsp;&nbsp;&nbsp; 200053 |
| Pakistan Oilfields Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55863 | &nbsp;&nbsp;&nbsp;&nbsp; 121400 |
| Pakistan Petroleum Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207887 | &nbsp;&nbsp;&nbsp;&nbsp; 174898 |
| Pakistan State Oil Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118797 | &nbsp;&nbsp;&nbsp;&nbsp; 200757 |
| Systems Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525765 | &nbsp;&nbsp;&nbsp;&nbsp; 319887 |
| TRG Pakistan Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154478 | &nbsp;&nbsp;&nbsp;&nbsp; 40093 |
| United Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120292 | &nbsp;&nbsp;&nbsp;&nbsp; 182163 |
|  |  | &nbsp;&nbsp;**$3503170** |
| Panama — 0.2% | Panama — 0.2% | Panama — 0.2% |
| Banco Latinoamericano de Comercio Exterior SA, Class E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13600 | &nbsp;&nbsp;$606560 |
| Copa Holdings SA, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5974 | &nbsp;&nbsp;&nbsp;&nbsp; 720524 |
|  |  | &nbsp;&nbsp;**$1327084** |
| Peru — 1.2% | Peru — 1.2% | Peru — 1.2% |
| Alicorp SAA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15006 | &nbsp;&nbsp;$47771 |
| Cia de Minas Buenaventura SAA ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62538 | &nbsp;&nbsp;&nbsp;&nbsp; 1740433 |
| Credicorp Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5996 | &nbsp;&nbsp;&nbsp;&nbsp; 1720852 |
| Ferreycorp SAA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63418 | &nbsp;&nbsp;&nbsp;&nbsp; 73586 |
| Orygen Peru SAA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80699 | &nbsp;&nbsp;&nbsp;&nbsp; 64586 |
| Southern Copper Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21480 | &nbsp;&nbsp;&nbsp;&nbsp; 3081736 |
|  |  | &nbsp;&nbsp;**$6728964** |
| Philippines — 1.2% | Philippines — 1.2% | Philippines — 1.2% |
| Aboitiz Equity Ventures, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151700 | &nbsp;&nbsp;$72244 |
| Aboitiz Power Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570100 | &nbsp;&nbsp;&nbsp;&nbsp; 426319 |
| Alliance Global Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;873800 | &nbsp;&nbsp;&nbsp;&nbsp; 121845 |
| Apex Mining Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241100 | &nbsp;&nbsp;&nbsp;&nbsp; 51143 |
| Ayala Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24828 | &nbsp;&nbsp;&nbsp;&nbsp; 197460 |
| Ayala Land, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272408 | &nbsp;&nbsp;&nbsp;&nbsp; 103859 |
| Ayala Land, Inc.<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3534608 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Bank of the Philippine Islands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114488 | &nbsp;&nbsp;&nbsp;&nbsp; 225850 |
| BDO Unibank, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139537 | &nbsp;&nbsp;&nbsp;&nbsp; 318687 |
| Bloomberry Resorts Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;627500 | &nbsp;&nbsp;&nbsp;&nbsp; 27086 |
| Century Pacific Food, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;620600 | &nbsp;&nbsp;&nbsp;&nbsp; 411267 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Philippines (continued) | Philippines (continued) | Philippines (continued) |
| Converge Information & Communications Technology Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349000 | &nbsp;&nbsp;$90941 |
| DigiPlus Interactive Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305900 | &nbsp;&nbsp;&nbsp;&nbsp; 84294 |
| Globe Telecom, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7734 | &nbsp;&nbsp;&nbsp;&nbsp; 208008 |
| GT Capital Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8700 | &nbsp;&nbsp;&nbsp;&nbsp; 87977 |
| International Container Terminal Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79720 | &nbsp;&nbsp;&nbsp;&nbsp; 765014 |
| JG Summit Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298772 | &nbsp;&nbsp;&nbsp;&nbsp; 119904 |
| Jollibee Foods Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156940 | &nbsp;&nbsp;&nbsp;&nbsp; 479381 |
| Manila Electric Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56804 | &nbsp;&nbsp;&nbsp;&nbsp; 554272 |
| Manila Water Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104800 | &nbsp;&nbsp;&nbsp;&nbsp; 71785 |
| Megaworld Corp. | &nbsp;&nbsp;&nbsp;&nbsp;2140300 | &nbsp;&nbsp;&nbsp;&nbsp; 75759 |
| Metropolitan Bank & Trust Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126499 | &nbsp;&nbsp;&nbsp;&nbsp; 147162 |
| Monde Nissin Corp.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1566500 | &nbsp;&nbsp;&nbsp;&nbsp; 154628 |
| PLDT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20100 | &nbsp;&nbsp;&nbsp;&nbsp; 430606 |
| Puregold Price Club, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267040 | &nbsp;&nbsp;&nbsp;&nbsp; 172539 |
| Semirara Mining & Power Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321220 | &nbsp;&nbsp;&nbsp;&nbsp; 154112 |
| SM Investments Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48580 | &nbsp;&nbsp;&nbsp;&nbsp; 577083 |
| SM Prime Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;716650 | &nbsp;&nbsp;&nbsp;&nbsp; 276929 |
| Universal Robina Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175710 | &nbsp;&nbsp;&nbsp;&nbsp; 200875 |
|  |  | &nbsp;&nbsp;**$6607029** |
| Poland — 2.5% | Poland — 2.5% | Poland — 2.5% |
| Allegro.eu SA<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67467 | &nbsp;&nbsp;$578932 |
| Asseco Poland SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13348 | &nbsp;&nbsp;&nbsp;&nbsp; 845591 |
| Bank Millennium SA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32516 | &nbsp;&nbsp;&nbsp;&nbsp; 150154 |
| Bank Polska Kasa Opieki SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9363 | &nbsp;&nbsp;&nbsp;&nbsp; 531085 |
| Budimex SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5686 | &nbsp;&nbsp;&nbsp;&nbsp; 1005883 |
| CCC SA<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4600 | &nbsp;&nbsp;&nbsp;&nbsp; 152587 |
| CD Projekt SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14559 | &nbsp;&nbsp;&nbsp;&nbsp; 972627 |
| Cyfrowy Polsat SA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43504 | &nbsp;&nbsp;&nbsp;&nbsp; 147497 |
| Dino Polska SA<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107880 | &nbsp;&nbsp;&nbsp;&nbsp; 1238597 |
| Grupa Kety SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1077 | &nbsp;&nbsp;&nbsp;&nbsp; 273460 |
| InPost SA<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27708 | &nbsp;&nbsp;&nbsp;&nbsp; 340496 |
| KGHM Polska Miedz SA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16428 | &nbsp;&nbsp;&nbsp;&nbsp; 1276424 |
| KRUK SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1376 | &nbsp;&nbsp;&nbsp;&nbsp; 188279 |
| LPP SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216 | &nbsp;&nbsp;&nbsp;&nbsp; 1248099 |
| mBank SA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;627 | &nbsp;&nbsp;&nbsp;&nbsp; 185426 |
| Neuca SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;578 | &nbsp;&nbsp;&nbsp;&nbsp; 131117 |
| Orange Polska SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168212 | &nbsp;&nbsp;&nbsp;&nbsp; 476576 |
| ORLEN SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55108 | &nbsp;&nbsp;&nbsp;&nbsp; 1471204 |
| PGE Polska Grupa Energetyczna SA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140840 | &nbsp;&nbsp;&nbsp;&nbsp; 344208 |
| Powszechna Kasa Oszczednosci Bank Polski SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40893 | &nbsp;&nbsp;&nbsp;&nbsp; 965156 |
| Powszechny Zaklad Ubezpieczen SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31110 | &nbsp;&nbsp;&nbsp;&nbsp; 575829 |
| Santander Bank Polska SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 377919 |
| Tauron Polska Energia SA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167120 | &nbsp;&nbsp;&nbsp;&nbsp; 401343 |
|  |  | &nbsp;&nbsp;**$13878489** |

---

*10*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Qatar — 1.1% | Qatar — 1.1% | Qatar — 1.1% |
| Al Meera Consumer Goods Co. QSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28548 | &nbsp;&nbsp;$114095 |
| Al Rayan Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186973 | &nbsp;&nbsp;&nbsp;&nbsp; 112518 |
| Barwa Real Estate Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320609 | &nbsp;&nbsp;&nbsp;&nbsp; 229869 |
| Commercial Bank PSQC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116405 | &nbsp;&nbsp;&nbsp;&nbsp; 134087 |
| Ezdan Holding Group QSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181730 | &nbsp;&nbsp;&nbsp;&nbsp; 52720 |
| Gulf International Services QSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460440 | &nbsp;&nbsp;&nbsp;&nbsp; 322515 |
| Industries Qatar QSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267679 | &nbsp;&nbsp;&nbsp;&nbsp; 875500 |
| Mazaya Real Estate Development QPSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297835 | &nbsp;&nbsp;&nbsp;&nbsp; 46783 |
| Medicare Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42294 | &nbsp;&nbsp;&nbsp;&nbsp; 76915 |
| Mesaieed Petrochemical Holding Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;585358 | &nbsp;&nbsp;&nbsp;&nbsp; 175458 |
| Ooredoo QPSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112086 | &nbsp;&nbsp;&nbsp;&nbsp; 400316 |
| Qatar Aluminum Manufacturing Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;647748 | &nbsp;&nbsp;&nbsp;&nbsp; 284433 |
| Qatar Electricity & Water Co. QSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85549 | &nbsp;&nbsp;&nbsp;&nbsp; 353434 |
| Qatar Fuel QSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38116 | &nbsp;&nbsp;&nbsp;&nbsp; 158624 |
| Qatar Gas Transport Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;621419 | &nbsp;&nbsp;&nbsp;&nbsp; 764808 |
| Qatar Insurance Co. SAQ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126000 | &nbsp;&nbsp;&nbsp;&nbsp; 70495 |
| Qatar International Islamic Bank QSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65027 | &nbsp;&nbsp;&nbsp;&nbsp; 203824 |
| Qatar Islamic Bank QPSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70363 | &nbsp;&nbsp;&nbsp;&nbsp; 462530 |
| Qatar National Bank QPSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182353 | &nbsp;&nbsp;&nbsp;&nbsp; 933710 |
| Qatar National Cement Co. QSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53503 | &nbsp;&nbsp;&nbsp;&nbsp; 40501 |
| United Development Co. QSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154435 | &nbsp;&nbsp;&nbsp;&nbsp; 38647 |
| Vodafone Qatar PQSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395921 | &nbsp;&nbsp;&nbsp;&nbsp; 264454 |
|  |  | &nbsp;&nbsp;**$6116236** |
| Romania — 0.6% | Romania — 0.6% | Romania — 0.6% |
| Banca Transilvania SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87116 | &nbsp;&nbsp;$605478 |
| BRD-Groupe Societe Generale SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33206 | &nbsp;&nbsp;&nbsp;&nbsp; 205875 |
| OMV Petrom SA | &nbsp;&nbsp;&nbsp;&nbsp;3344575 | &nbsp;&nbsp;&nbsp;&nbsp; 767383 |
| Societatea Energetica Electrica SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51840 | &nbsp;&nbsp;&nbsp;&nbsp; 314743 |
| Societatea Nationala de Gaze Naturale ROMGAZ SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;409724 | &nbsp;&nbsp;&nbsp;&nbsp; 944069 |
| Societatea Nationala Nuclearelectrica SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18481 | &nbsp;&nbsp;&nbsp;&nbsp; 234081 |
| Transgaz SA Medias | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28481 | &nbsp;&nbsp;&nbsp;&nbsp; 432921 |
|  |  | &nbsp;&nbsp;**$3504550** |
| Russia<sup>(6)</sup> — 0.0% | Russia<sup>(6)</sup> — 0.0% | Russia<sup>(6)</sup> — 0.0% |
| Aeroflot PJSC<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91240 | &nbsp;&nbsp;$0 |
| Evraz PLC<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124952 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Federal Grid Co.-Rosseti PJSC<sup>(1)(3)</sup> | 202080946 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| GMK Norilskiy Nickel PAO<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;961000 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Inter RAO UES PJSC<sup>(1)(3)</sup> | 13202001 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Magnit PJSC<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30561 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Magnitogorsk Iron & Steel Works PJSC<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240670 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Mobile TeleSystems PJSC<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175093 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Moscow Exchange MICEX-RTS PJSC<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55681 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Mosenergo PJSC<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5882962 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Novatek PJSC<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64840 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Russia (continued) | Russia (continued) | Russia (continued) |
| OGK-2 PJSC<sup>(1)(3)</sup> | 20114000 | &nbsp;&nbsp;$0 |
| PhosAgro PJSC<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5758 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| PhosAgro PJSC<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| PhosAgro PJSC GDR<sup>(1)(3)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| PIK-Spetsializirovannyy Zastroyshchik PAO<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83050 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Rostelecom PJSC<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154538 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| RusHydro PJSC<sup>(1)(3)</sup> | 51763952 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Sberbank of Russia PJSC<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;371510 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Severstal PAO GDR<sup>(1)(3)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40244 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Sistema AFK PAO<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;595500 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Surgutneftegas PAO, PFC Shares<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;388817 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Transneft PJSC, PFC Shares<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Unipro PAO<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5780000 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
|  |  | &nbsp;&nbsp;**$0** |
| Saudi Arabia — 3.9% | Saudi Arabia — 3.9% | Saudi Arabia — 3.9% |
| Abdullah Al Othaim Markets Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80310 | &nbsp;&nbsp;$131272 |
| Advanced Petrochemical Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6812 | &nbsp;&nbsp;&nbsp;&nbsp; 52901 |
| Al Babtain Power & Telecommunication Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25152 | &nbsp;&nbsp;&nbsp;&nbsp; 431661 |
| Al Hammadi Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27426 | &nbsp;&nbsp;&nbsp;&nbsp; 204461 |
| Al Rajhi Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38410 | &nbsp;&nbsp;&nbsp;&nbsp; 997704 |
| Alandalus Property Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23113 | &nbsp;&nbsp;&nbsp;&nbsp; 111546 |
| Aldrees Petroleum and Transport Services Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9885 | &nbsp;&nbsp;&nbsp;&nbsp; 337009 |
| Alinma Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33521 | &nbsp;&nbsp;&nbsp;&nbsp; 217828 |
| Almarai Co. JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62302 | &nbsp;&nbsp;&nbsp;&nbsp; 718862 |
| Arabian Centres Co. Ltd.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40224 | &nbsp;&nbsp;&nbsp;&nbsp; 202422 |
| Arabian Internet & Communications Services Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4076 | &nbsp;&nbsp;&nbsp;&nbsp; 244647 |
| Arriyadh Development Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15994 | &nbsp;&nbsp;&nbsp;&nbsp; 95443 |
| Bank AlBilad | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25004 | &nbsp;&nbsp;&nbsp;&nbsp; 165146 |
| Banque Saudi Fransi | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30802 | &nbsp;&nbsp;&nbsp;&nbsp; 138149 |
| Batic Investments and Logistic Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116000 | &nbsp;&nbsp;&nbsp;&nbsp; 59981 |
| Bawan Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19236 | &nbsp;&nbsp;&nbsp;&nbsp; 257734 |
| Catrion Catering Holding Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10213 | &nbsp;&nbsp;&nbsp;&nbsp; 218718 |
| Dallah Healthcare Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10498 | &nbsp;&nbsp;&nbsp;&nbsp; 350835 |
| Dar Al Arkan Real Estate Development Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105317 | &nbsp;&nbsp;&nbsp;&nbsp; 447786 |
| Dr. Sulaiman Al Habib Medical Services Group Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29618 | &nbsp;&nbsp;&nbsp;&nbsp; 2029718 |
| Elm Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7931 | &nbsp;&nbsp;&nbsp;&nbsp; 1581593 |
| Etihad Etisalat Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44585 | &nbsp;&nbsp;&nbsp;&nbsp; 783372 |
| Jamjoom Pharmaceuticals Factory Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp; 83356 |
| Jarir Marketing Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117587 | &nbsp;&nbsp;&nbsp;&nbsp; 400641 |
| Leejam Sports Co. JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8274 | &nbsp;&nbsp;&nbsp;&nbsp; 219457 |
| Maharah Human Resources Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76800 | &nbsp;&nbsp;&nbsp;&nbsp; 131863 |
| Middle East Healthcare Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13996 | &nbsp;&nbsp;&nbsp;&nbsp; 121444 |
| Mouwasat Medical Services Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26503 | &nbsp;&nbsp;&nbsp;&nbsp; 471007 |
| Nahdi Medical Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6083 | &nbsp;&nbsp;&nbsp;&nbsp; 154010 |
| National Agriculture Development Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21203 | &nbsp;&nbsp;&nbsp;&nbsp; 103911 |

---

*11*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Saudi Arabia (continued) | Saudi Arabia (continued) | Saudi Arabia (continued) |
| National Gas & Industrialization Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15924 | &nbsp;&nbsp;$402388 |
| National Medical Care Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7751 | &nbsp;&nbsp;&nbsp;&nbsp; 294653 |
| Retal Urban Development Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40265 | &nbsp;&nbsp;&nbsp;&nbsp; 125701 |
| Riyad Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30309 | &nbsp;&nbsp;&nbsp;&nbsp; 219367 |
| SABIC Agri-Nutrients Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7322 | &nbsp;&nbsp;&nbsp;&nbsp; 215890 |
| Sahara International Petrochemical Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13750 | &nbsp;&nbsp;&nbsp;&nbsp; 54972 |
| Saudi Arabian Mining Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49559 | &nbsp;&nbsp;&nbsp;&nbsp; 805010 |
| Saudi Arabian Oil Co.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271406 | &nbsp;&nbsp;&nbsp;&nbsp; 1723470 |
| Saudi Aramco Base Oil Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2772 | &nbsp;&nbsp;&nbsp;&nbsp; 70977 |
| Saudi Automotive Services Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21798 | &nbsp;&nbsp;&nbsp;&nbsp; 322465 |
| Saudi Basic Industries Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23503 | &nbsp;&nbsp;&nbsp;&nbsp; 321295 |
| Saudi Ceramic Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18457 | &nbsp;&nbsp;&nbsp;&nbsp; 134006 |
| Saudi Chemical Co. Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152398 | &nbsp;&nbsp;&nbsp;&nbsp; 259899 |
| Saudi Electricity Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277959 | &nbsp;&nbsp;&nbsp;&nbsp; 1041086 |
| Saudi Ground Services Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28577 | &nbsp;&nbsp;&nbsp;&nbsp; 276670 |
| Saudi Industrial Investment Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12054 | &nbsp;&nbsp;&nbsp;&nbsp; 39852 |
| Saudi National Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47512 | &nbsp;&nbsp;&nbsp;&nbsp; 479496 |
| Saudi Public Transport Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15777 | &nbsp;&nbsp;&nbsp;&nbsp; 40302 |
| Saudi Real Estate Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42607 | &nbsp;&nbsp;&nbsp;&nbsp; 146522 |
| Saudi Research & Media Group<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4167 | &nbsp;&nbsp;&nbsp;&nbsp; 138286 |
| Saudi Telecom Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132832 | &nbsp;&nbsp;&nbsp;&nbsp; 1521170 |
| Saudia Dairy & Foodstuff Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4222 | &nbsp;&nbsp;&nbsp;&nbsp; 277988 |
| Savola Group<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11486 | &nbsp;&nbsp;&nbsp;&nbsp; 66979 |
| Seera Group Holding<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55132 | &nbsp;&nbsp;&nbsp;&nbsp; 393892 |
| Sustained Infrastructure Holding Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15031 | &nbsp;&nbsp;&nbsp;&nbsp; 124738 |
| United Electronics Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18141 | &nbsp;&nbsp;&nbsp;&nbsp; 408441 |
| United International Transportation Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6221 | &nbsp;&nbsp;&nbsp;&nbsp; 103376 |
|  |  | &nbsp;&nbsp;**$21473368** |
| Slovenia — 0.7% | Slovenia — 0.7% | Slovenia — 0.7% |
| Cinkarna Celje DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1730 | &nbsp;&nbsp;$64107 |
| Krka DD Novo mesto | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10656 | &nbsp;&nbsp;&nbsp;&nbsp; 2540645 |
| Luka Koper | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475 | &nbsp;&nbsp;&nbsp;&nbsp; 40087 |
| Nova Ljubljanska Banka DD<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp; 364029 |
| Petrol DD Ljubljana | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5640 | &nbsp;&nbsp;&nbsp;&nbsp; 341211 |
| Pozavarovalnica Sava DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2294 | &nbsp;&nbsp;&nbsp;&nbsp; 179104 |
| Zavarovalnica Triglav DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1969 | &nbsp;&nbsp;&nbsp;&nbsp; 136913 |
|  |  | &nbsp;&nbsp;**$3666096** |
| South Africa — 5.3% | South Africa — 5.3% | South Africa — 5.3% |
| Altron Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163786 | &nbsp;&nbsp;$196410 |
| Aspen Pharmacare Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140640 | &nbsp;&nbsp;&nbsp;&nbsp; 992047 |
| AVI Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44358 | &nbsp;&nbsp;&nbsp;&nbsp; 283169 |
| Bid Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45434 | &nbsp;&nbsp;&nbsp;&nbsp; 1158470 |
| Bidvest Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145080 | &nbsp;&nbsp;&nbsp;&nbsp; 2080471 |
| Burstone Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204859 | &nbsp;&nbsp;&nbsp;&nbsp; 113300 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| South Africa (continued) | South Africa (continued) | South Africa (continued) |
| Clicks Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35599 | &nbsp;&nbsp;$725381 |
| Discovery Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21152 | &nbsp;&nbsp;&nbsp;&nbsp; 290412 |
| Equites Property Fund Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201368 | &nbsp;&nbsp;&nbsp;&nbsp; 222977 |
| Exxaro Resources Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70912 | &nbsp;&nbsp;&nbsp;&nbsp; 765729 |
| FirstRand Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90841 | &nbsp;&nbsp;&nbsp;&nbsp; 497808 |
| Fortress Real Estate Investments Ltd., Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209536 | &nbsp;&nbsp;&nbsp;&nbsp; 302531 |
| Foschini Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27249 | &nbsp;&nbsp;&nbsp;&nbsp; 137537 |
| Gold Fields Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33141 | &nbsp;&nbsp;&nbsp;&nbsp; 1445026 |
| Grindrod Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102092 | &nbsp;&nbsp;&nbsp;&nbsp; 104897 |
| Growthpoint Properties Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455708 | &nbsp;&nbsp;&nbsp;&nbsp; 472671 |
| Harmony Gold Mining Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20200 | &nbsp;&nbsp;&nbsp;&nbsp; 405255 |
| Hyprop Investments Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59016 | &nbsp;&nbsp;&nbsp;&nbsp; 203668 |
| Impala Platinum Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46832 | &nbsp;&nbsp;&nbsp;&nbsp; 735972 |
| Kumba Iron Ore Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7137 | &nbsp;&nbsp;&nbsp;&nbsp; 151477 |
| Lesaka Technologies, Inc.<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20900 | &nbsp;&nbsp;&nbsp;&nbsp; 99693 |
| Life Healthcare Group Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221186 | &nbsp;&nbsp;&nbsp;&nbsp; 152069 |
| Momentum Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55756 | &nbsp;&nbsp;&nbsp;&nbsp; 128751 |
| Mr Price Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16841 | &nbsp;&nbsp;&nbsp;&nbsp; 178171 |
| MTN Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399744 | &nbsp;&nbsp;&nbsp;&nbsp; 4092458 |
| Naspers Ltd., Class N | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73175 | &nbsp;&nbsp;&nbsp;&nbsp; 4880148 |
| NEPI Rockcastle NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96719 | &nbsp;&nbsp;&nbsp;&nbsp; 854626 |
| Netcare Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282119 | &nbsp;&nbsp;&nbsp;&nbsp; 270196 |
| Northam Platinum Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26725 | &nbsp;&nbsp;&nbsp;&nbsp; 542329 |
| Pick n Pay Stores Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61328 | &nbsp;&nbsp;&nbsp;&nbsp; 92136 |
| PSG Financial Services Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170988 | &nbsp;&nbsp;&nbsp;&nbsp; 281685 |
| Redefine Properties Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1116606 | &nbsp;&nbsp;&nbsp;&nbsp; 404722 |
| Resilient REIT Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45890 | &nbsp;&nbsp;&nbsp;&nbsp; 221987 |
| SA Corporate Real Estate Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;932087 | &nbsp;&nbsp;&nbsp;&nbsp; 202306 |
| Sanlam Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47771 | &nbsp;&nbsp;&nbsp;&nbsp; 283873 |
| Santam Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7291 | &nbsp;&nbsp;&nbsp;&nbsp; 188219 |
| Sasol Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27126 | &nbsp;&nbsp;&nbsp;&nbsp; 173076 |
| Shoprite Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57942 | &nbsp;&nbsp;&nbsp;&nbsp; 945361 |
| Sibanye Stillwater Ltd.<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170171 | &nbsp;&nbsp;&nbsp;&nbsp; 620409 |
| SPAR Group Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp; 173039 |
| Standard Bank Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30572 | &nbsp;&nbsp;&nbsp;&nbsp; 536247 |
| Telkom SA SOC Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68155 | &nbsp;&nbsp;&nbsp;&nbsp; 243200 |
| Thungela Resources Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33593 | &nbsp;&nbsp;&nbsp;&nbsp; 194831 |
| Tiger Brands Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16500 | &nbsp;&nbsp;&nbsp;&nbsp; 364889 |
| Valterra Platinum Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3440 | &nbsp;&nbsp;&nbsp;&nbsp; 291329 |
| Vodacom Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94111 | &nbsp;&nbsp;&nbsp;&nbsp; 804778 |
| Vukile Property Fund Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270501 | &nbsp;&nbsp;&nbsp;&nbsp; 408881 |
| Woolworths Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68586 | &nbsp;&nbsp;&nbsp;&nbsp; 231728 |
|  |  | &nbsp;&nbsp;**$29146345** |
| South Korea — 5.3% | South Korea — 5.3% | South Korea — 5.3% |
| ABLBio, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4991 | &nbsp;&nbsp;$690807 |

---

*12*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| South Korea (continued) | South Korea (continued) | South Korea (continued) |
| Alteogen, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1871 | &nbsp;&nbsp;$583811 |
| AMOREPACIFIC Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2054 | &nbsp;&nbsp;&nbsp;&nbsp; 170111 |
| AMOREPACIFIC Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5071 | &nbsp;&nbsp;&nbsp;&nbsp; 94413 |
| Celltrion Pharm, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3032 | &nbsp;&nbsp;&nbsp;&nbsp; 121946 |
| Celltrion, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6437 | &nbsp;&nbsp;&nbsp;&nbsp; 807736 |
| Cheil Worldwide, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11267 | &nbsp;&nbsp;&nbsp;&nbsp; 164105 |
| CJ Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp; 131452 |
| Cosmax, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp; 135881 |
| Coway Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3444 | &nbsp;&nbsp;&nbsp;&nbsp; 207321 |
| DL E&C Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4736 | &nbsp;&nbsp;&nbsp;&nbsp; 135276 |
| E-MART, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1921 | &nbsp;&nbsp;&nbsp;&nbsp; 108306 |
| Green Cross Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1257 | &nbsp;&nbsp;&nbsp;&nbsp; 138619 |
| GS Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2483 | &nbsp;&nbsp;&nbsp;&nbsp; 97026 |
| GS P&L Co. Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;977 | &nbsp;&nbsp;&nbsp;&nbsp; 28503 |
| GS Retail Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4122 | &nbsp;&nbsp;&nbsp;&nbsp; 57503 |
| Hana Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3314 | &nbsp;&nbsp;&nbsp;&nbsp; 216227 |
| Hankook Tire & Technology Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3124 | &nbsp;&nbsp;&nbsp;&nbsp; 126608 |
| Hanmi Pharm Co. Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1361 | &nbsp;&nbsp;&nbsp;&nbsp; 428053 |
| Hanmi Science Co. Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3183 | &nbsp;&nbsp;&nbsp;&nbsp; 80166 |
| Hanmi Semiconductor Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp; 124114 |
| Hanwha Aerospace Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180 | &nbsp;&nbsp;&nbsp;&nbsp; 117549 |
| Hanwha Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6800 | &nbsp;&nbsp;&nbsp;&nbsp; 385019 |
| Hanwha Solutions Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7579 | &nbsp;&nbsp;&nbsp;&nbsp; 141170 |
| HD Hyundai Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3091 | &nbsp;&nbsp;&nbsp;&nbsp; 404583 |
| HD Korea Shipbuilding & Offshore Engineering Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1315 | &nbsp;&nbsp;&nbsp;&nbsp; 371056 |
| Hotel Shilla Co. Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2448 | &nbsp;&nbsp;&nbsp;&nbsp; 75815 |
| HYBE Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;834 | &nbsp;&nbsp;&nbsp;&nbsp; 190812 |
| Hyosung TNC Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;813 | &nbsp;&nbsp;&nbsp;&nbsp; 125486 |
| Hyundai Engineering & Construction Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3203 | &nbsp;&nbsp;&nbsp;&nbsp; 156094 |
| Hyundai Glovis Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2744 | &nbsp;&nbsp;&nbsp;&nbsp; 344428 |
| Hyundai Mobis Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2118 | &nbsp;&nbsp;&nbsp;&nbsp; 549581 |
| Hyundai Motor Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4179 | &nbsp;&nbsp;&nbsp;&nbsp; 862997 |
| Hyundai Steel Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3100 | &nbsp;&nbsp;&nbsp;&nbsp; 66774 |
| ISU Petasys Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;951 | &nbsp;&nbsp;&nbsp;&nbsp; 78862 |
| JYP Entertainment Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1303 | &nbsp;&nbsp;&nbsp;&nbsp; 65469 |
| Kakao Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8513 | &nbsp;&nbsp;&nbsp;&nbsp; 355003 |
| Kangwon Land, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9384 | &nbsp;&nbsp;&nbsp;&nbsp; 123320 |
| KB Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2517 | &nbsp;&nbsp;&nbsp;&nbsp; 216675 |
| Kia Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6357 | &nbsp;&nbsp;&nbsp;&nbsp; 538905 |
| KIWOOM Securities Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1210 | &nbsp;&nbsp;&nbsp;&nbsp; 243242 |
| Kolmar Korea Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1614 | &nbsp;&nbsp;&nbsp;&nbsp; 69540 |
| Korea Zinc Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;495 | &nbsp;&nbsp;&nbsp;&nbsp; 450485 |
| Korean Air Lines Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6176 | &nbsp;&nbsp;&nbsp;&nbsp; 96543 |
| Krafton, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp; 238543 |
| KT&G Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6681 | &nbsp;&nbsp;&nbsp;&nbsp; 658355 |
| Kumho Petrochemical Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1229 | &nbsp;&nbsp;&nbsp;&nbsp; 102936 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| South Korea (continued) | South Korea (continued) | South Korea (continued) |
| LG Chem Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2187 | &nbsp;&nbsp;$505882 |
| LG Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;949 | &nbsp;&nbsp;&nbsp;&nbsp; 53170 |
| LG Electronics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp; 287137 |
| LG Energy Solution Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298 | &nbsp;&nbsp;&nbsp;&nbsp; 76209 |
| LG H&H Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;582 | &nbsp;&nbsp;&nbsp;&nbsp; 104355 |
| LG Uplus Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22484 | &nbsp;&nbsp;&nbsp;&nbsp; 229550 |
| LigaChem Biosciences, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1888 | &nbsp;&nbsp;&nbsp;&nbsp; 227033 |
| Lotte Chemical Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2527 | &nbsp;&nbsp;&nbsp;&nbsp; 123313 |
| LS Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;761 | &nbsp;&nbsp;&nbsp;&nbsp; 105900 |
| Naver Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7085 | &nbsp;&nbsp;&nbsp;&nbsp; 1190999 |
| NCSoft Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;883 | &nbsp;&nbsp;&nbsp;&nbsp; 123643 |
| NongShim Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;&nbsp;&nbsp; 143748 |
| Orion Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1169 | &nbsp;&nbsp;&nbsp;&nbsp; 85659 |
| Peptron, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;684 | &nbsp;&nbsp;&nbsp;&nbsp; 120558 |
| POSCO Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3772 | &nbsp;&nbsp;&nbsp;&nbsp; 799656 |
| S-1 Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2867 | &nbsp;&nbsp;&nbsp;&nbsp; 143397 |
| Samsung Biologics Co. Ltd.<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;661 | &nbsp;&nbsp;&nbsp;&nbsp; 776136 |
| Samsung C&T Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1958 | &nbsp;&nbsp;&nbsp;&nbsp; 325210 |
| Samsung Electro-Mechanics Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;799 | &nbsp;&nbsp;&nbsp;&nbsp; 141405 |
| Samsung Electronics Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68607 | &nbsp;&nbsp;&nbsp;&nbsp; 5750288 |
| Samsung Episholdings Co. Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355 | &nbsp;&nbsp;&nbsp;&nbsp; 183100 |
| Samsung SDI Co. Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1002 | &nbsp;&nbsp;&nbsp;&nbsp; 187365 |
| Samyang Foods Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397 | &nbsp;&nbsp;&nbsp;&nbsp; 338978 |
| Seegene, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3878 | &nbsp;&nbsp;&nbsp;&nbsp; 63996 |
| Shinhan Financial Group Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4018 | &nbsp;&nbsp;&nbsp;&nbsp; 213957 |
| Shinsegae, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;779 | &nbsp;&nbsp;&nbsp;&nbsp; 133459 |
| SK Biopharmaceuticals Co. Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1744 | &nbsp;&nbsp;&nbsp;&nbsp; 150748 |
| SK Chemicals Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3855 | &nbsp;&nbsp;&nbsp;&nbsp; 175049 |
| SK Hynix, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7125 | &nbsp;&nbsp;&nbsp;&nbsp; 3226754 |
| SK Innovation Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2756 | &nbsp;&nbsp;&nbsp;&nbsp; 193434 |
| SK Telecom Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3158 | &nbsp;&nbsp;&nbsp;&nbsp; 117252 |
| SK, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1290 | &nbsp;&nbsp;&nbsp;&nbsp; 230206 |
| SKC Co. Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;921 | &nbsp;&nbsp;&nbsp;&nbsp; 66892 |
| ST Pharm Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1947 | &nbsp;&nbsp;&nbsp;&nbsp; 160931 |
| Yuhan Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7064 | &nbsp;&nbsp;&nbsp;&nbsp; 549881 |
| Zyle Motors Corp.<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4895 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
|  |  | &nbsp;&nbsp;**$28982476** |
| Sri Lanka — 0.7% | Sri Lanka — 0.7% | Sri Lanka — 0.7% |
| Access Engineering PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;955420 | &nbsp;&nbsp;$225900 |
| Alumex PLC | &nbsp;&nbsp;&nbsp;&nbsp;1533880 | &nbsp;&nbsp;&nbsp;&nbsp; 101088 |
| Ceylon Tobacco Co. PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47722 | &nbsp;&nbsp;&nbsp;&nbsp; 265907 |
| Commercial Bank of Ceylon PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;404487 | &nbsp;&nbsp;&nbsp;&nbsp; 262324 |
| Dialog Axiata PLC | &nbsp;&nbsp;&nbsp;&nbsp;3654977 | &nbsp;&nbsp;&nbsp;&nbsp; 352051 |
| Hatton National Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215435 | &nbsp;&nbsp;&nbsp;&nbsp; 277270 |
| Hayleys PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255312 | &nbsp;&nbsp;&nbsp;&nbsp; 161399 |

---

*13*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Sri Lanka (continued) | Sri Lanka (continued) | Sri Lanka (continued) |
| Hemas Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;1713775 | &nbsp;&nbsp;$192036 |
| John Keells Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;7672550 | &nbsp;&nbsp;&nbsp;&nbsp; 537406 |
| Lanka IOC PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232155 | &nbsp;&nbsp;&nbsp;&nbsp; 96611 |
| Melstacorp PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;555767 | &nbsp;&nbsp;&nbsp;&nbsp; 312137 |
| National Development Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320191 | &nbsp;&nbsp;&nbsp;&nbsp; 146050 |
| Nations Trust Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187375 | &nbsp;&nbsp;&nbsp;&nbsp; 189361 |
| Piramal Glass Ceylon PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;683370 | &nbsp;&nbsp;&nbsp;&nbsp; 121192 |
| Sampath Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;611958 | &nbsp;&nbsp;&nbsp;&nbsp; 289505 |
| Teejay Lanka PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;605271 | &nbsp;&nbsp;&nbsp;&nbsp; 68155 |
| Tokyo Cement Co. Lanka PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278632 | &nbsp;&nbsp;&nbsp;&nbsp; 85277 |
|  |  | &nbsp;&nbsp;**$3683669** |
| Taiwan — 8.3% | Taiwan — 8.3% | Taiwan — 8.3% |
| Accton Technology Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13000 | &nbsp;&nbsp;$490581 |
| Advantech Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16890 | &nbsp;&nbsp;&nbsp;&nbsp; 154428 |
| AirTAC International Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp; 294721 |
| ASE Technology Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77247 | &nbsp;&nbsp;&nbsp;&nbsp; 609086 |
| Asia Cement Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125967 | &nbsp;&nbsp;&nbsp;&nbsp; 148973 |
| Asia Vital Components Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 239973 |
| Asustek Computer, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18174 | &nbsp;&nbsp;&nbsp;&nbsp; 315913 |
| AUO Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145600 | &nbsp;&nbsp;&nbsp;&nbsp; 56643 |
| Bizlink Holding, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17775 | &nbsp;&nbsp;&nbsp;&nbsp; 858734 |
| Bora Pharmaceuticals Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14025 | &nbsp;&nbsp;&nbsp;&nbsp; 217151 |
| Caliway Biopharmaceuticals Co. Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92770 | &nbsp;&nbsp;&nbsp;&nbsp; 457861 |
| Catcher Technology Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27100 | &nbsp;&nbsp;&nbsp;&nbsp; 179072 |
| Cathay Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193989 | &nbsp;&nbsp;&nbsp;&nbsp; 467937 |
| Center Laboratories, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161741 | &nbsp;&nbsp;&nbsp;&nbsp; 214210 |
| Chailease Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20816 | &nbsp;&nbsp;&nbsp;&nbsp; 69775 |
| Charoen Pokphand Enterprise | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28000 | &nbsp;&nbsp;&nbsp;&nbsp; 117136 |
| Cheng Shin Rubber Industry Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186010 | &nbsp;&nbsp;&nbsp;&nbsp; 174542 |
| China Airlines Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272963 | &nbsp;&nbsp;&nbsp;&nbsp; 175239 |
| China Petrochemical Development Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;407426 | &nbsp;&nbsp;&nbsp;&nbsp; 100753 |
| China Steel Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;716815 | &nbsp;&nbsp;&nbsp;&nbsp; 433085 |
| Chroma ATE, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp; 494669 |
| Chung-Hsin Electric & Machinery Manufacturing Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49000 | &nbsp;&nbsp;&nbsp;&nbsp; 232796 |
| Chunghwa Telecom Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;437780 | &nbsp;&nbsp;&nbsp;&nbsp; 1819634 |
| Compal Electronics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138000 | &nbsp;&nbsp;&nbsp;&nbsp; 133302 |
| CTBC Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284000 | &nbsp;&nbsp;&nbsp;&nbsp; 453772 |
| Delta Electronics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31356 | &nbsp;&nbsp;&nbsp;&nbsp; 956481 |
| E Ink Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp; 157073 |
| E.Sun Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176702 | &nbsp;&nbsp;&nbsp;&nbsp; 189779 |
| Eclat Textile Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp; 244692 |
| Elite Material Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 209568 |
| EVA Airways Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223334 | &nbsp;&nbsp;&nbsp;&nbsp; 259699 |
| Evergreen Marine Corp. Taiwan Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115113 | &nbsp;&nbsp;&nbsp;&nbsp; 694414 |
| Far Eastern Department Stores Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176642 | &nbsp;&nbsp;&nbsp;&nbsp; 123708 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Taiwan (continued) | Taiwan (continued) | Taiwan (continued) |
| Far Eastern New Century Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470313 | &nbsp;&nbsp;$415891 |
| Far EasTone Telecommunications Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184776 | &nbsp;&nbsp;&nbsp;&nbsp; 518865 |
| Feng Hsin Steel Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp; 78028 |
| Feng tay Enterprise Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57000 | &nbsp;&nbsp;&nbsp;&nbsp; 211095 |
| First Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198883 | &nbsp;&nbsp;&nbsp;&nbsp; 185970 |
| Formosa Chemicals & Fibre Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218000 | &nbsp;&nbsp;&nbsp;&nbsp; 222347 |
| Formosa Petrochemical Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128153 | &nbsp;&nbsp;&nbsp;&nbsp; 194600 |
| Formosa Plastics Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200959 | &nbsp;&nbsp;&nbsp;&nbsp; 249203 |
| Fortune Electric Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11000 | &nbsp;&nbsp;&nbsp;&nbsp; 266848 |
| Fubon Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107321 | &nbsp;&nbsp;&nbsp;&nbsp; 328472 |
| Fusheng Precision Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12000 | &nbsp;&nbsp;&nbsp;&nbsp; 97460 |
| Gamania Digital Entertainment Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52000 | &nbsp;&nbsp;&nbsp;&nbsp; 86478 |
| Giant Manufacturing Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25420 | &nbsp;&nbsp;&nbsp;&nbsp; 74801 |
| Globalwafers Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp; 90342 |
| Goldsun Building Materials Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143000 | &nbsp;&nbsp;&nbsp;&nbsp; 172295 |
| Grape King Bio Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17000 | &nbsp;&nbsp;&nbsp;&nbsp; 68387 |
| Great Tree Pharmacy Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15818 | &nbsp;&nbsp;&nbsp;&nbsp; 47088 |
| Great Wall Enterprise Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110602 | &nbsp;&nbsp;&nbsp;&nbsp; 178968 |
| Highwealth Construction Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273694 | &nbsp;&nbsp;&nbsp;&nbsp; 350310 |
| Hiwin Technologies Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19233 | &nbsp;&nbsp;&nbsp;&nbsp; 118648 |
| Hon Hai Precision Industry Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152806 | &nbsp;&nbsp;&nbsp;&nbsp; 1120117 |
| Hota Industrial Manufacturing Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47000 | &nbsp;&nbsp;&nbsp;&nbsp; 83319 |
| Hotai Motor Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32640 | &nbsp;&nbsp;&nbsp;&nbsp; 570312 |
| Hua Nan Financial Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180025 | &nbsp;&nbsp;&nbsp;&nbsp; 177650 |
| Huaku Development Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53115 | &nbsp;&nbsp;&nbsp;&nbsp; 197019 |
| Innolux Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156302 | &nbsp;&nbsp;&nbsp;&nbsp; 84823 |
| International Games System Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36000 | &nbsp;&nbsp;&nbsp;&nbsp; 825971 |
| Inventec Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91000 | &nbsp;&nbsp;&nbsp;&nbsp; 124096 |
| KGI Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292900 | &nbsp;&nbsp;&nbsp;&nbsp; 160579 |
| Kinpo Electronics | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229000 | &nbsp;&nbsp;&nbsp;&nbsp; 163171 |
| Largan Precision Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2042 | &nbsp;&nbsp;&nbsp;&nbsp; 161592 |
| Lian HWA Food Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23100 | &nbsp;&nbsp;&nbsp;&nbsp; 71668 |
| Lien Hwa Industrial Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124007 | &nbsp;&nbsp;&nbsp;&nbsp; 187429 |
| Lite-On Technology Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57000 | &nbsp;&nbsp;&nbsp;&nbsp; 296532 |
| Lotus Pharmaceutical Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41000 | &nbsp;&nbsp;&nbsp;&nbsp; 368700 |
| Lumosa Therapeutics Co. Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19000 | &nbsp;&nbsp;&nbsp;&nbsp; 117570 |
| Makalot Industrial Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14280 | &nbsp;&nbsp;&nbsp;&nbsp; 131074 |
| MediaTek, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21664 | &nbsp;&nbsp;&nbsp;&nbsp; 983658 |
| Medigen Vaccine Biologics Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp; 71907 |
| Mega Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198358 | &nbsp;&nbsp;&nbsp;&nbsp; 252594 |
| Merida Industry Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44907 | &nbsp;&nbsp;&nbsp;&nbsp; 117853 |
| momo.com, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9459 | &nbsp;&nbsp;&nbsp;&nbsp; 62456 |
| Nan Kang Rubber Tire Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88729 | &nbsp;&nbsp;&nbsp;&nbsp; 104937 |
| Nan Ya Plastics Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298378 | &nbsp;&nbsp;&nbsp;&nbsp; 570566 |
| Nanya Technology Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51165 | &nbsp;&nbsp;&nbsp;&nbsp; 314034 |
| Nien Made Enterprise Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27000 | &nbsp;&nbsp;&nbsp;&nbsp; 310114 |

---

*14*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Taiwan (continued) | Taiwan (continued) | Taiwan (continued) |
| Novatek Microelectronics Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15479 | &nbsp;&nbsp;$184039 |
| Pegatron Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36486 | &nbsp;&nbsp;&nbsp;&nbsp; 79592 |
| Pegavision Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8685 | &nbsp;&nbsp;&nbsp;&nbsp; 78667 |
| PharmaEssentia Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32182 | &nbsp;&nbsp;&nbsp;&nbsp; 480728 |
| Pharmally International Holding Co. Ltd.<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38000 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Pou Chen Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321309 | &nbsp;&nbsp;&nbsp;&nbsp; 307566 |
| Poya International Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7070 | &nbsp;&nbsp;&nbsp;&nbsp; 98905 |
| President Chain Store Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59716 | &nbsp;&nbsp;&nbsp;&nbsp; 420448 |
| Quanta Computer, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp; 302291 |
| Realtek Semiconductor Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17542 | &nbsp;&nbsp;&nbsp;&nbsp; 272369 |
| Ruentex Development Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121824 | &nbsp;&nbsp;&nbsp;&nbsp; 115374 |
| Ruentex Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76421 | &nbsp;&nbsp;&nbsp;&nbsp; 134061 |
| Sanyang Motor Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131000 | &nbsp;&nbsp;&nbsp;&nbsp; 255860 |
| Shanghai Commercial & Savings Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105184 | &nbsp;&nbsp;&nbsp;&nbsp; 135826 |
| Simplo Technology Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12652 | &nbsp;&nbsp;&nbsp;&nbsp; 144350 |
| SinoPac Financial Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286768 | &nbsp;&nbsp;&nbsp;&nbsp; 260898 |
| Synmosa Biopharma Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114319 | &nbsp;&nbsp;&nbsp;&nbsp; 117812 |
| Synnex Technology International Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30569 | &nbsp;&nbsp;&nbsp;&nbsp; 56344 |
| TA Chen Stainless Pipe Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149625 | &nbsp;&nbsp;&nbsp;&nbsp; 169642 |
| TaiMed Biologics, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38000 | &nbsp;&nbsp;&nbsp;&nbsp; 73882 |
| Tainan Spinning Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359407 | &nbsp;&nbsp;&nbsp;&nbsp; 151281 |
| Taiwan Cooperative Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242898 | &nbsp;&nbsp;&nbsp;&nbsp; 187823 |
| Taiwan High Speed Rail Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159000 | &nbsp;&nbsp;&nbsp;&nbsp; 141663 |
| Taiwan Hon Chuan Enterprise Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42934 | &nbsp;&nbsp;&nbsp;&nbsp; 165266 |
| Taiwan Mobile Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190858 | &nbsp;&nbsp;&nbsp;&nbsp; 658501 |
| Taiwan Semiconductor Manufacturing Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231747 | &nbsp;&nbsp;&nbsp;&nbsp; 11392047 |
| Tatung Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162450 | &nbsp;&nbsp;&nbsp;&nbsp; 163013 |
| TCC Group Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525497 | &nbsp;&nbsp;&nbsp;&nbsp; 387557 |
| TCI Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17000 | &nbsp;&nbsp;&nbsp;&nbsp; 59604 |
| Tong Yang Industry Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86000 | &nbsp;&nbsp;&nbsp;&nbsp; 265221 |
| TS Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296928 | &nbsp;&nbsp;&nbsp;&nbsp; 192765 |
| TTY Biopharm Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48780 | &nbsp;&nbsp;&nbsp;&nbsp; 126498 |
| Tung Ho Steel Enterprise Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49000 | &nbsp;&nbsp;&nbsp;&nbsp; 99166 |
| Unimicron Technology Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39000 | &nbsp;&nbsp;&nbsp;&nbsp; 272331 |
| Uni-President Enterprises Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;557588 | &nbsp;&nbsp;&nbsp;&nbsp; 1367175 |
| United Integrated Services Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp; 242346 |
| United Microelectronics Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188323 | &nbsp;&nbsp;&nbsp;&nbsp; 294083 |
| Vanguard International Semiconductor Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35522 | &nbsp;&nbsp;&nbsp;&nbsp; 103736 |
| Walsin Lihwa Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195935 | &nbsp;&nbsp;&nbsp;&nbsp; 198012 |
| Wan Hai Lines Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84000 | &nbsp;&nbsp;&nbsp;&nbsp; 209956 |
| Wistron Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp; 454008 |
| Wiwynn Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 427400 |
| Yageo Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30732 | &nbsp;&nbsp;&nbsp;&nbsp; 225268 |
| Yang Ming Marine Transport Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83000 | &nbsp;&nbsp;&nbsp;&nbsp; 146761 |
| Yieh Phui Enterprise Co. Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90234 | &nbsp;&nbsp;&nbsp;&nbsp; 43248 |
| Yuanta Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293071 | &nbsp;&nbsp;&nbsp;&nbsp; 366210 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Taiwan (continued) | Taiwan (continued) | Taiwan (continued) |
| Yulon Motor Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92928 | &nbsp;&nbsp;$97866 |
| YungShin Global Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59000 | &nbsp;&nbsp;&nbsp;&nbsp; 106993 |
|  |  | &nbsp;&nbsp;**$45565689** |
| Thailand — 4.8% | Thailand — 4.8% | Thailand — 4.8% |
| Advanced Info Service PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158500 | &nbsp;&nbsp;$1573923 |
| Airports of Thailand PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746700 | &nbsp;&nbsp;&nbsp;&nbsp; 1252707 |
| Amata Corp. PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203300 | &nbsp;&nbsp;&nbsp;&nbsp; 106569 |
| AP Thailand PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;549560 | &nbsp;&nbsp;&nbsp;&nbsp; 149787 |
| Bangchak Corp. PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112600 | &nbsp;&nbsp;&nbsp;&nbsp; 92802 |
| Bangkok Airways PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176700 | &nbsp;&nbsp;&nbsp;&nbsp; 82901 |
| Bangkok Bank PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42500 | &nbsp;&nbsp;&nbsp;&nbsp; 228507 |
| Bangkok Chain Hospital PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;621500 | &nbsp;&nbsp;&nbsp;&nbsp; 205090 |
| Bangkok Dusit Medical Services PCL, Class F<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2210500 | &nbsp;&nbsp;&nbsp;&nbsp; 1353830 |
| Bangkok Expressway & Metro PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1507454 | &nbsp;&nbsp;&nbsp;&nbsp; 255547 |
| Berli Jucker PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120700 | &nbsp;&nbsp;&nbsp;&nbsp; 55170 |
| BTS Group Holdings PCL<sup>(1)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1641700 | &nbsp;&nbsp;&nbsp;&nbsp; 118612 |
| Bumrungrad Hospital PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203300 | &nbsp;&nbsp;&nbsp;&nbsp; 1015929 |
| Cal-Comp Electronics (Thailand) PCL, Class F<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;6212000 | &nbsp;&nbsp;&nbsp;&nbsp; 887669 |
| Carabao Group PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53100 | &nbsp;&nbsp;&nbsp;&nbsp; 73198 |
| Central Pattana PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214700 | &nbsp;&nbsp;&nbsp;&nbsp; 375936 |
| Central Plaza Hotel PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111800 | &nbsp;&nbsp;&nbsp;&nbsp; 121335 |
| Central Retail Corp. PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;707200 | &nbsp;&nbsp;&nbsp;&nbsp; 403647 |
| CH. Karnchang PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194800 | &nbsp;&nbsp;&nbsp;&nbsp; 73405 |
| Charoen Pokphand Foods PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;416300 | &nbsp;&nbsp;&nbsp;&nbsp; 288163 |
| CP ALL PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;441900 | &nbsp;&nbsp;&nbsp;&nbsp; 610244 |
| CP Axtra PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184499 | &nbsp;&nbsp;&nbsp;&nbsp; 91832 |
| Delta Electronics (Thailand) PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1119200 | &nbsp;&nbsp;&nbsp;&nbsp; 6108032 |
| Electricity Generating PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15400 | &nbsp;&nbsp;&nbsp;&nbsp; 55714 |
| Global Power Synergy PCL, Class F<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49200 | &nbsp;&nbsp;&nbsp;&nbsp; 56078 |
| Gulf Development PCL<sup>(1)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;992749 | &nbsp;&nbsp;&nbsp;&nbsp; 1310247 |
| Hana Microelectronics PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291200 | &nbsp;&nbsp;&nbsp;&nbsp; 149974 |
| Home Product Center PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;912260 | &nbsp;&nbsp;&nbsp;&nbsp; 192263 |
| Indorama Ventures PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;737871 | &nbsp;&nbsp;&nbsp;&nbsp; 376051 |
| Jaymart Group Holdings PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296700 | &nbsp;&nbsp;&nbsp;&nbsp; 64824 |
| Kasikornbank PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62500 | &nbsp;&nbsp;&nbsp;&nbsp; 385483 |
| KCE Electronics PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123300 | &nbsp;&nbsp;&nbsp;&nbsp; 71023 |
| Kiatnakin Phatra Bank PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28900 | &nbsp;&nbsp;&nbsp;&nbsp; 62283 |
| Krung Thai Bank PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;407925 | &nbsp;&nbsp;&nbsp;&nbsp; 365511 |
| Mega Lifesciences PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234200 | &nbsp;&nbsp;&nbsp;&nbsp; 248547 |
| Minor International PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;896936 | &nbsp;&nbsp;&nbsp;&nbsp; 689656 |
| Osotspa PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196800 | &nbsp;&nbsp;&nbsp;&nbsp; 100506 |
| Plan B Media PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;483200 | &nbsp;&nbsp;&nbsp;&nbsp; 59683 |
| Praram 9 Hospital PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262700 | &nbsp;&nbsp;&nbsp;&nbsp; 155836 |
| PTT Exploration & Production PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197016 | &nbsp;&nbsp;&nbsp;&nbsp; 704483 |
| PTT Global Chemical PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417905 | &nbsp;&nbsp;&nbsp;&nbsp; 277719 |

---

*15*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Thailand (continued) | Thailand (continued) | Thailand (continued) |
| PTT Oil & Retail Business PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545300 | &nbsp;&nbsp;$229772 |
| PTT PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1205700 | &nbsp;&nbsp;&nbsp;&nbsp; 1224319 |
| Quality Houses PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1804283 | &nbsp;&nbsp;&nbsp;&nbsp; 76042 |
| Ratch Group PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152400 | &nbsp;&nbsp;&nbsp;&nbsp; 142527 |
| Samart Corp. PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377300 | &nbsp;&nbsp;&nbsp;&nbsp; 65884 |
| Sansiri PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1825800 | &nbsp;&nbsp;&nbsp;&nbsp; 77517 |
| SCB X PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50500 | &nbsp;&nbsp;&nbsp;&nbsp; 222567 |
| SCG Packaging PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;476300 | &nbsp;&nbsp;&nbsp;&nbsp; 258118 |
| Siam Cement PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112511 | &nbsp;&nbsp;&nbsp;&nbsp; 654948 |
| Siam City Cement PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp; 135599 |
| Siam Global House PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;472700 | &nbsp;&nbsp;&nbsp;&nbsp; 95173 |
| Sri Trang Agro-Industry PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170600 | &nbsp;&nbsp;&nbsp;&nbsp; 65931 |
| Sri Trang Gloves (Thailand) PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;634100 | &nbsp;&nbsp;&nbsp;&nbsp; 185007 |
| Star Petroleum Refining PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;362600 | &nbsp;&nbsp;&nbsp;&nbsp; 67735 |
| Supalai PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148400 | &nbsp;&nbsp;&nbsp;&nbsp; 80082 |
| SVI PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380300 | &nbsp;&nbsp;&nbsp;&nbsp; 87990 |
| Thai Beverage PCL<sup>(2)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920000 | &nbsp;&nbsp;&nbsp;&nbsp; 328949 |
| Thai Union Group PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480092 | &nbsp;&nbsp;&nbsp;&nbsp; 194749 |
| Tipco Asphalt PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223400 | &nbsp;&nbsp;&nbsp;&nbsp; 97021 |
| TOA Paint (Thailand) PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233300 | &nbsp;&nbsp;&nbsp;&nbsp; 100680 |
| TPI Polene PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2914200 | &nbsp;&nbsp;&nbsp;&nbsp; 63802 |
| True Corp. PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3065704 | &nbsp;&nbsp;&nbsp;&nbsp; 1059428 |
| TTW PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236900 | &nbsp;&nbsp;&nbsp;&nbsp; 68055 |
| WHA Corp. PCL<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1492700 | &nbsp;&nbsp;&nbsp;&nbsp; 154645 |
|  |  | &nbsp;&nbsp;**$26587256** |
| Tunisia — 0.5% | Tunisia — 0.5% | Tunisia — 0.5% |
| Attijari Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9449 | &nbsp;&nbsp;$218638 |
| Banque de Tunisie | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74880 | &nbsp;&nbsp;&nbsp;&nbsp; 165831 |
| Banque Internationale Arabe de Tunisie | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6849 | &nbsp;&nbsp;&nbsp;&nbsp; 262874 |
| Carthage Cement<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;371834 | &nbsp;&nbsp;&nbsp;&nbsp; 242034 |
| Euro Cycles SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24412 | &nbsp;&nbsp;&nbsp;&nbsp; 105528 |
| Poulina Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91623 | &nbsp;&nbsp;&nbsp;&nbsp; 586054 |
| Societe D'Articles Hygieniques SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86810 | &nbsp;&nbsp;&nbsp;&nbsp; 417403 |
| Societe Frigorifique et Brasserie de Tunis SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143105 | &nbsp;&nbsp;&nbsp;&nbsp; 623700 |
| Telnet Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22509 | &nbsp;&nbsp;&nbsp;&nbsp; 53251 |
| Union Internationale de Banques SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16934 | &nbsp;&nbsp;&nbsp;&nbsp; 145349 |
|  |  | &nbsp;&nbsp;**$2820662** |
| Turkey — 4.5% | Turkey — 4.5% | Turkey — 4.5% |
| Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243500 | &nbsp;&nbsp;$127565 |
| Akbank TAS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270991 | &nbsp;&nbsp;&nbsp;&nbsp; 439674 |
| Akcansa Cimento AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15500 | &nbsp;&nbsp;&nbsp;&nbsp; 59673 |
| Akfen Yenilenebilir Enerji AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;276224 | &nbsp;&nbsp;&nbsp;&nbsp; 105483 |
| Aksa Akrilik Kimya Sanayii AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;527196 | &nbsp;&nbsp;&nbsp;&nbsp; 120485 |
| Aksa Enerji Uretim AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306798 | &nbsp;&nbsp;&nbsp;&nbsp; 517393 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Turkey (continued) | Turkey (continued) | Turkey (continued) |
| Alarko Holding AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34678 | &nbsp;&nbsp;$82195 |
| Anadolu Efes Biracilik ve Malt Sanayii AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391660 | &nbsp;&nbsp;&nbsp;&nbsp; 143136 |
| Arcelik AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94450 | &nbsp;&nbsp;&nbsp;&nbsp; 221843 |
| ARD Grup Bilisim Teknolojileri AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160007 | &nbsp;&nbsp;&nbsp;&nbsp; 123580 |
| Aselsan Elektronik Sanayi ve Ticaret AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107800 | &nbsp;&nbsp;&nbsp;&nbsp; 580829 |
| Aygaz AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100427 | &nbsp;&nbsp;&nbsp;&nbsp; 465264 |
| Baticim Bati Anadolu Cimento Sanayii AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;552513 | &nbsp;&nbsp;&nbsp;&nbsp; 49048 |
| BIM Birlesik Magazalar AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111133 | &nbsp;&nbsp;&nbsp;&nbsp; 1387343 |
| Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10600 | &nbsp;&nbsp;&nbsp;&nbsp; 136869 |
| Can2 Termik AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2184776 | &nbsp;&nbsp;&nbsp;&nbsp; 101705 |
| Cimsa Cimento Sanayi ve Ticaret AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83927 | &nbsp;&nbsp;&nbsp;&nbsp; 90752 |
| Coca-Cola Icecek AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232793 | &nbsp;&nbsp;&nbsp;&nbsp; 318550 |
| D-MARKET Elektronik Hizmetler ve Ticaret AS ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49300 | &nbsp;&nbsp;&nbsp;&nbsp; 122264 |
| Dogan Sirketler Grubu Holding AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395182 | &nbsp;&nbsp;&nbsp;&nbsp; 155814 |
| Dogus Otomotiv Servis ve Ticaret AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35707 | &nbsp;&nbsp;&nbsp;&nbsp; 156260 |
| EGE Endustri ve Ticaret AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456 | &nbsp;&nbsp;&nbsp;&nbsp; 85917 |
| Emlak Konut Gayrimenkul Yatirim Ortakligi AS | &nbsp;&nbsp;&nbsp;&nbsp;1985507 | &nbsp;&nbsp;&nbsp;&nbsp; 942909 |
| Enerjisa Enerji AS<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255322 | &nbsp;&nbsp;&nbsp;&nbsp; 536943 |
| Enerya Enerji AS | &nbsp;&nbsp;&nbsp;&nbsp;1185517 | &nbsp;&nbsp;&nbsp;&nbsp; 264685 |
| Enka Insaat ve Sanayi AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171636 | &nbsp;&nbsp;&nbsp;&nbsp; 314847 |
| Eregli Demir ve Celik Fabrikalari TAS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;955470 | &nbsp;&nbsp;&nbsp;&nbsp; 529478 |
| Fenerbahce Futbol AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27500 | &nbsp;&nbsp;&nbsp;&nbsp; 5909 |
| Ford Otomotiv Sanayi AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297060 | &nbsp;&nbsp;&nbsp;&nbsp; 640470 |
| GEN Ilac ve Saglik Urunleri Sanayi ve Ticaret AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61786 | &nbsp;&nbsp;&nbsp;&nbsp; 286110 |
| Gubre Fabrikalari TAS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21886 | &nbsp;&nbsp;&nbsp;&nbsp; 177236 |
| Haci Omer Sabanci Holding AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73522 | &nbsp;&nbsp;&nbsp;&nbsp; 143987 |
| Hektas Ticaret TAS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2521214 | &nbsp;&nbsp;&nbsp;&nbsp; 179399 |
| Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS, Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106159 | &nbsp;&nbsp;&nbsp;&nbsp; 229958 |
| Is Gayrimenkul Yatirim Ortakligi AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;927266 | &nbsp;&nbsp;&nbsp;&nbsp; 452887 |
| Isiklar Enerji ve Yapi Holding AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289700 | &nbsp;&nbsp;&nbsp;&nbsp; 448941 |
| Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class D<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;219426 | &nbsp;&nbsp;&nbsp;&nbsp; 128690 |
| Karsan Otomotiv Sanayii ve Ticaret AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269300 | &nbsp;&nbsp;&nbsp;&nbsp; 57649 |
| KOC Holding AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129168 | &nbsp;&nbsp;&nbsp;&nbsp; 506773 |
| Link Bilgisayar Sistemleri Yazilimi Ve Donanimi Sanayi Ve Ticaret AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7537 | &nbsp;&nbsp;&nbsp;&nbsp; 38064 |
| Logo Yazilim Sanayi ve Ticaret AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147998 | &nbsp;&nbsp;&nbsp;&nbsp; 518440 |
| Margun Enerji Uretim Sanayi ve Ticaret AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;559130 | &nbsp;&nbsp;&nbsp;&nbsp; 496715 |
| Mavi Giyim Sanayi ve Ticaret AS, Class B<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223800 | &nbsp;&nbsp;&nbsp;&nbsp; 226527 |
| MIA Teknoloji AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300300 | &nbsp;&nbsp;&nbsp;&nbsp; 275125 |
| Migros Ticaret AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32232 | &nbsp;&nbsp;&nbsp;&nbsp; 391646 |
| MLP Saglik Hizmetleri AS<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99775 | &nbsp;&nbsp;&nbsp;&nbsp; 883323 |
| NET Holding AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71800 | &nbsp;&nbsp;&nbsp;&nbsp; 80923 |
| ODAS Elektrik Uretim ve Sanayi Ticaret AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1320894 | &nbsp;&nbsp;&nbsp;&nbsp; 155791 |
| Odine Solutions Teknoloji Ticaret ve Sanayi AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59781 | &nbsp;&nbsp;&nbsp;&nbsp; 423549 |
| Oyak Cimento Fabrikalari AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267071 | &nbsp;&nbsp;&nbsp;&nbsp; 143081 |

---

*16*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Turkey (continued) | Turkey (continued) | Turkey (continued) |
| Pegasus Hava Tasimaciligi AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50156 | &nbsp;&nbsp;$223535 |
| Petkim Petrokimya Holding AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282818 | &nbsp;&nbsp;&nbsp;&nbsp; 106757 |
| Sasa Polyester Sanayi AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2581712 | &nbsp;&nbsp;&nbsp;&nbsp; 167000 |
| Selcuk Ecza Deposu Ticaret ve Sanayi AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128343 | &nbsp;&nbsp;&nbsp;&nbsp; 259939 |
| Sok Marketler Ticaret AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108409 | &nbsp;&nbsp;&nbsp;&nbsp; 128707 |
| TAB Gida Sanayi ve Ticaret AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26900 | &nbsp;&nbsp;&nbsp;&nbsp; 130899 |
| TAV Havalimanlari Holding AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18200 | &nbsp;&nbsp;&nbsp;&nbsp; 126311 |
| Tofas Turk Otomobil Fabrikasi AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60130 | &nbsp;&nbsp;&nbsp;&nbsp; 345162 |
| Trust Anadolu Metal Madencilik Isletmeleri AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48179 | &nbsp;&nbsp;&nbsp;&nbsp; 116936 |
| Turk Altin Isletmeleri AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247800 | &nbsp;&nbsp;&nbsp;&nbsp; 235965 |
| Turk Hava Yollari AO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67141 | &nbsp;&nbsp;&nbsp;&nbsp; 419463 |
| Turk Telekomunikasyon AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417089 | &nbsp;&nbsp;&nbsp;&nbsp; 558304 |
| Turk Traktor ve Ziraat Makineleri AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3320 | &nbsp;&nbsp;&nbsp;&nbsp; 40185 |
| Turkcell Iletisim Hizmetleri AS | &nbsp;&nbsp;&nbsp;&nbsp;1060818 | &nbsp;&nbsp;&nbsp;&nbsp; 2296921 |
| Turkiye Is Bankasi AS, Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;782177 | &nbsp;&nbsp;&nbsp;&nbsp; 256089 |
| Turkiye Petrol Rafinerileri AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;684967 | &nbsp;&nbsp;&nbsp;&nbsp; 2938432 |
| Turkiye Sise ve Cam Fabrikalari AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149987 | &nbsp;&nbsp;&nbsp;&nbsp; 133768 |
| Ulker Biskuvi Sanayi AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72512 | &nbsp;&nbsp;&nbsp;&nbsp; 182117 |
| Vestel Elektronik Sanayi ve Ticaret AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57591 | &nbsp;&nbsp;&nbsp;&nbsp; 38443 |
| Yapi ve Kredi Bankasi AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316986 | &nbsp;&nbsp;&nbsp;&nbsp; 266914 |
| Ziraat Gayrimenkul Yatirim Ortakligi AS | &nbsp;&nbsp;&nbsp;&nbsp;1504758 | &nbsp;&nbsp;&nbsp;&nbsp; 821276 |
| Zorlu Enerji Elektrik Uretim AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1642900 | &nbsp;&nbsp;&nbsp;&nbsp; 117398 |
|  |  | &nbsp;&nbsp;**$24982218** |
| United Arab Emirates — 2.4% | United Arab Emirates — 2.4% | United Arab Emirates — 2.4% |
| Abu Dhabi Commercial Bank PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99231 | &nbsp;&nbsp;$386124 |
| Abu Dhabi National Oil Co. for Distribution PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;825400 | &nbsp;&nbsp;&nbsp;&nbsp; 876737 |
| ADNOC Drilling Co. PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;922000 | &nbsp;&nbsp;&nbsp;&nbsp; 1340559 |
| ADNOC Gas PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;476000 | &nbsp;&nbsp;&nbsp;&nbsp; 460057 |
| ADNOC Logistics & Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148200 | &nbsp;&nbsp;&nbsp;&nbsp; 238855 |
| Agthia Group PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145477 | &nbsp;&nbsp;&nbsp;&nbsp; 149516 |
| Air Arabia PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;646580 | &nbsp;&nbsp;&nbsp;&nbsp; 819333 |
| Aldar Properties PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;412264 | &nbsp;&nbsp;&nbsp;&nbsp; 975722 |
| Americana Restaurants International PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;576212 | &nbsp;&nbsp;&nbsp;&nbsp; 253940 |
| Apex Investment Co. PSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234400 | &nbsp;&nbsp;&nbsp;&nbsp; 230764 |
| Borouge PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456142 | &nbsp;&nbsp;&nbsp;&nbsp; 326535 |
| Dana Gas PJSC | &nbsp;&nbsp;&nbsp;&nbsp;1234795 | &nbsp;&nbsp;&nbsp;&nbsp; 289118 |
| Dubai Electricity & Water Authority PJSC | &nbsp;&nbsp;&nbsp;&nbsp;2100300 | &nbsp;&nbsp;&nbsp;&nbsp; 1582606 |
| Dubai Investments PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;527093 | &nbsp;&nbsp;&nbsp;&nbsp; 512687 |
| Emaar Properties PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303415 | &nbsp;&nbsp;&nbsp;&nbsp; 1157996 |
| Emirates Telecommunications Group Co. PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249055 | &nbsp;&nbsp;&nbsp;&nbsp; 1242998 |
| EMSTEEL Building Materials PJSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208300 | &nbsp;&nbsp;&nbsp;&nbsp; 63433 |
| Fertiglobe PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221017 | &nbsp;&nbsp;&nbsp;&nbsp; 149669 |
| First Abu Dhabi Bank PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296080 | &nbsp;&nbsp;&nbsp;&nbsp; 1405717 |
| Ghitha Holding PJSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6700 | &nbsp;&nbsp;&nbsp;&nbsp; 31460 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| United Arab Emirates (continued) | United Arab Emirates (continued) | United Arab Emirates (continued) |
| Modon Holding PSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189500 | &nbsp;&nbsp;$173212 |
| Salik Co. PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154007 | &nbsp;&nbsp;&nbsp;&nbsp; 266138 |
|  |  | &nbsp;&nbsp;**$12933176** |
| United States — 0.0%<sup>†</sup> | United States — 0.0%<sup>†</sup> | United States — 0.0%<sup>†</sup> |
| Powerfleet, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;$5 |
|  |  | &nbsp;&nbsp;**$5** |
| Vietnam — 2.9% | Vietnam — 2.9% | Vietnam — 2.9% |
| Bank for Foreign Trade of Vietnam JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;444182 | &nbsp;&nbsp;$970141 |
| Bank for Investment & Development of Vietnam JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69676 | &nbsp;&nbsp;&nbsp;&nbsp; 102963 |
| Binh Minh Plastics JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29100 | &nbsp;&nbsp;&nbsp;&nbsp; 193575 |
| DABACO Vietnam Group JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72900 | &nbsp;&nbsp;&nbsp;&nbsp; 74950 |
| Development Investment Construction JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235340 | &nbsp;&nbsp;&nbsp;&nbsp; 149477 |
| Digiworld Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150540 | &nbsp;&nbsp;&nbsp;&nbsp; 222824 |
| Duc Giang Chemicals JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101000 | &nbsp;&nbsp;&nbsp;&nbsp; 262642 |
| FLC Faros Construction JSC<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| FPT Digital Retail JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85243 | &nbsp;&nbsp;&nbsp;&nbsp; 484398 |
| Gelex Group JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213360 | &nbsp;&nbsp;&nbsp;&nbsp; 353346 |
| Ha Do Group JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122210 | &nbsp;&nbsp;&nbsp;&nbsp; 126774 |
| HAGL JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283740 | &nbsp;&nbsp;&nbsp;&nbsp; 189202 |
| Hoa Phat Group JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1711358 | &nbsp;&nbsp;&nbsp;&nbsp; 1715012 |
| Hoa Sen Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163770 | &nbsp;&nbsp;&nbsp;&nbsp; 97990 |
| Hoang Huy Investment Financial Services JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365001 | &nbsp;&nbsp;&nbsp;&nbsp; 253251 |
| Idico Corp. JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103730 | &nbsp;&nbsp;&nbsp;&nbsp; 143378 |
| KIDO Group Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48035 | &nbsp;&nbsp;&nbsp;&nbsp; 94958 |
| Kinh Bac City Development Holding Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283960 | &nbsp;&nbsp;&nbsp;&nbsp; 380539 |
| Masan Group Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258232 | &nbsp;&nbsp;&nbsp;&nbsp; 755598 |
| Nam Kim Steel JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91500 | &nbsp;&nbsp;&nbsp;&nbsp; 51628 |
| PC1 Group JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146459 | &nbsp;&nbsp;&nbsp;&nbsp; 125410 |
| PetroVietnam Drilling & Well Services JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459477 | &nbsp;&nbsp;&nbsp;&nbsp; 494579 |
| Petrovietnam Fertilizer & Chemicals JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139866 | &nbsp;&nbsp;&nbsp;&nbsp; 118269 |
| PetroVietnam Gas JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99718 | &nbsp;&nbsp;&nbsp;&nbsp; 274416 |
| PetroVietnam Nhon Trach 2 Power JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91200 | &nbsp;&nbsp;&nbsp;&nbsp; 84358 |
| PetroVietnam Power Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1429547 | &nbsp;&nbsp;&nbsp;&nbsp; 689036 |
| PetroVietnam Technical Services Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99373 | &nbsp;&nbsp;&nbsp;&nbsp; 129525 |
| Petrovietnam Transportation Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152169 | &nbsp;&nbsp;&nbsp;&nbsp; 106345 |
| Phat Dat Real Estate Development Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71604 | &nbsp;&nbsp;&nbsp;&nbsp; 50961 |
| Saigon - Hanoi Commercial Joint Stock Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171739 | &nbsp;&nbsp;&nbsp;&nbsp; 106582 |
| Tasco JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130800 | &nbsp;&nbsp;&nbsp;&nbsp; 78575 |
| Thanh Thanh Cong - Bien Hoa JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137755 | &nbsp;&nbsp;&nbsp;&nbsp; 131366 |
| Vietcap Securities JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79599 | &nbsp;&nbsp;&nbsp;&nbsp; 106649 |
| Vietjet Aviation JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90994 | &nbsp;&nbsp;&nbsp;&nbsp; 721689 |
| Vietnam Airlines JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163568 | &nbsp;&nbsp;&nbsp;&nbsp; 154672 |
| Vietnam Construction and Import-Export JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140096 | &nbsp;&nbsp;&nbsp;&nbsp; 120260 |
| Vietnam Dairy Products JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303448 | &nbsp;&nbsp;&nbsp;&nbsp; 705484 |

---

*17*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Vietnam (continued) | Vietnam (continued) | Vietnam (continued) |
| Viglacera Corp. JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76800 | &nbsp;&nbsp;$121934 |
| Vincom Retail JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114413 | &nbsp;&nbsp;&nbsp;&nbsp; 146263 |
| Vingroup JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;641158 | &nbsp;&nbsp;&nbsp;&nbsp; 4120471 |
| Vinh Hoan Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54240 | &nbsp;&nbsp;&nbsp;&nbsp; 115587 |
| Vinhomes JSC<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117200 | &nbsp;&nbsp;&nbsp;&nbsp; 551668 |
| VIX Securities JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327810 | &nbsp;&nbsp;&nbsp;&nbsp; 279200 |
|  |  | &nbsp;&nbsp;**$16155945** |
| Total Common Stocks<br> (identified cost $257,751,756) |  | &nbsp;&nbsp;**$557179167** |

---

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

Convertible Bonds — 0.0%<sup>†</sup>

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Oman — 0.0%<sup>†</sup> | Oman — 0.0%<sup>†</sup> | Oman — 0.0%<sup>†</sup> | Oman — 0.0%<sup>†</sup> |
| Nizwa Sukuk SPC, Series 2, 6.00%, 6/4/30 | OMR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28 | &nbsp;&nbsp;$73 |
| Total Convertible Bonds<br> (identified cost $4,013) |  |  | &nbsp;&nbsp;**$73** |

---

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

Rights — 0.0%<sup>†</sup>

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morocco — 0.0%<sup>†</sup> | Morocco — 0.0%<sup>†</sup> | Morocco — 0.0%<sup>†</sup> |
| Bank of Africa, Exp. 10/26/26<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22 | &nbsp;&nbsp;$11 |
|  |  | &nbsp;&nbsp;**$11** |
| Vietnam — 0.0%<sup>†</sup> | Vietnam — 0.0%<sup>†</sup> | Vietnam — 0.0%<sup>†</sup> |
| PetroVietnam Power Corp. Exp. 1/9/26<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1201300 | &nbsp;&nbsp;$14670 |
|  |  | &nbsp;&nbsp;**$14670** |
| Total Rights<br> (identified cost $0) |  | &nbsp;&nbsp;**$14681** |

---

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

Short-Term Investments — 0.9%

Affiliated Fund — 0.0%<sup>†</sup>

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.69%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9552 | &nbsp;&nbsp;$9552 |
| Total Affiliated Fund<br> (identified cost $9,552) |  | &nbsp;&nbsp;**$9552** |

---

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

Securities Lending Collateral — 0.9%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| State Street Navigator Securities Lending Government Money Market Portfolio, 3.83%<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5156152 | &nbsp;&nbsp;$5156152 |
| Total Securities Lending Collateral<br> (identified cost $5,156,152) |  | &nbsp;&nbsp;**$5156152** |
| Total Short-Term Investments<br> (identified cost $5,165,704) |  | &nbsp;&nbsp;**$5165704** |

---

---

| | |
|:---|:---|
| Total Investments — 101.9%<br> (identified cost $262,921,473) | &nbsp;&nbsp;**$562359625** |
| Other Assets, Less Liabilities — (1.9)% | &nbsp;&nbsp;**$(10750919)** |
| Net Assets — 100.0% | &nbsp;&nbsp;**$551608706** |

---

---

| | |
|:---|:---|
| The percentage shown for each investment category in the Portfolio of Investments is based on net assets. | The percentage shown for each investment category in the Portfolio of Investments is based on net assets. |
| <sup>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| <sup>(1)</sup> | Non-income producing security. |
| <sup>(2)</sup> | All or a portion of this security was on loan at December 31, 2025. The aggregate market value of securities on loan at December 31, 2025 was $24,324,082. |
| <sup>(3)</sup> | Security is valued using significant unobservable inputs and is categorized as Level 3 in the fair value hierarchy. |
| <sup>(4)</sup> | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At December 31, 2025, the aggregate value of these securities is $22,115,880 or 4.0% of the Fund's net assets. |
| <sup>(5)</sup> | Security exempt from registration under Regulation S of the Securities Act of 1933, as amended, which exempts from registration securities offered and sold outside the United States. Security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933, as amended. At December 31, 2025, the aggregate value of these securities is $3,744,322 or 0.7% of the Fund's net assets. |
| <sup>(6)</sup> | Trading of securities has been sanctioned. |
| <sup>(7)</sup> | Indicates a foreign registered security. Shares issued to foreign investors in markets that have foreign ownership limits. |
| <sup>(8)</sup> | May be deemed to be an affiliated investment company (see Note 8). The rate shown is the annualized seven-day yield as of December 31, 2025. |
| <sup>(9)</sup> | Represents investment of cash collateral received in connection with securities lending. |

---

*18*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| Sector Classification of Portfolio | Sector Classification of Portfolio | Sector Classification of Portfolio |
| **Sector** | &nbsp;&nbsp;&nbsp;**Percentage<br> of Net Assets** | &nbsp;&nbsp;&nbsp;**Value** |
| Financials | &nbsp;&nbsp;&nbsp;&nbsp;12.5% | &nbsp;&nbsp;&nbsp;&nbsp;$69007869 |
| Materials | &nbsp;&nbsp;&nbsp;&nbsp;11.7 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64706381 |
| Information Technology | &nbsp;&nbsp;&nbsp;&nbsp;10.9 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60187787 |
| Industrials | &nbsp;&nbsp;&nbsp;&nbsp;10.3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56441817 |
| Communication Services | &nbsp;&nbsp;&nbsp;&nbsp;10.0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55287623 |
| Consumer Discretionary | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50863392 |
| Consumer Staples | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.9 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49236135 |
| Health Care | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45026884 |
| Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44837769 |
| Utilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32145328 |
| Real Estate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29452936 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.9 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5165704 |
| **Total Investments** | &nbsp;&nbsp;&nbsp;**101.9%** | &nbsp;&nbsp;&nbsp;**$562359625** |

---

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| ADR | – American Depositary Receipt |
| BDR | – Brazilian Depositary Receipt |
| GDR | – Global Depositary Receipt |
| PCL | – Public Company Limited |
| PFC Shares | – Preference Shares |

---

---

| | |
|:---|:---|
| **Currency Abbreviations:** | **Currency Abbreviations:** |
| OMR | – Omani Rial |

---

*19*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**December 31, 2025** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $262,911,921) — including $24,324,082 of securities on loan | &nbsp;&nbsp;$562350073 |
| Affiliated investments, at value (identified cost $9,552) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9552 |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392082 |
| Foreign currency, at value (identified cost $1,200,718) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1206916 |
| Interest and dividends receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;929179 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2286 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5520157 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36507 |
| Securities lending income receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17258 |
| Tax reclaims receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140702 |
| Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250489 |
| **Total assets** | &nbsp;&nbsp;**$570855201** |
| Liabilities |  |
| Payable for line of credit | &nbsp;&nbsp;$8330000 |
| Collateral for securities loaned | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5156152 |
| Payable for investments purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;687220 |
| Payable for Fund shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;844264 |
| Payable to affiliates: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investment adviser fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218168 |
| &nbsp;&nbsp;&nbsp;Administration fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242521 |
| &nbsp;&nbsp;&nbsp;Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250489 |
| Accrued foreign capital gains taxes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3257470 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260211 |
| **Total liabilities** | &nbsp;&nbsp;**$19246495** |
| **Net Assets** | &nbsp;&nbsp;**$551608706** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$265756085 |
| Distributable earnings | &nbsp;&nbsp;&nbsp;&nbsp;285852621 |
| **Net Assets** | &nbsp;&nbsp;**$551608706** |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$551608706 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11355139 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$48.58 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**December 31, 2025** |
| Investment Income |  |
| Dividend income (net of foreign taxes withheld of $915,707) | &nbsp;&nbsp;$7747183 |
| Dividend income from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13510 |
| Interest income (net of foreign taxes withheld of $200) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7833 |
| Securities lending income, net | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98612 |
| **Total investment income** | &nbsp;&nbsp;**$7867138** |
| Expenses |  |
| Investment adviser fee | &nbsp;&nbsp;$1274117 |
| Administration fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1415685 |
| Interest expense and fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16025 |
| **Total expenses** | &nbsp;&nbsp;**$2705827** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$487 |
| **Total expense reductions** | &nbsp;&nbsp;**$487** |
| **Net expenses** | &nbsp;&nbsp;**$2705340** |
| **Net investment income** | &nbsp;&nbsp;**$5161798** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions (net of foreign capital gains taxes of $51,213) | &nbsp;&nbsp;$16350201 |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(62266) |
| **Net realized gain** | &nbsp;&nbsp;**$16287935** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments (including net increase in accrued foreign capital gains taxes of $106,725) | &nbsp;&nbsp;$47242787 |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(121457) |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$47121330** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;**$63409265** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$68571063** |

---

*21*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> December 31, 2025<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> June 30, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$5161798 | &nbsp;&nbsp;$13953360 |
| &nbsp;&nbsp;&nbsp;Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16287935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9957796 |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47121330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42841062 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$68571063** | &nbsp;&nbsp;**$66752218** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;$(25665524) | &nbsp;&nbsp;$(21232588) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(25665524)** | &nbsp;&nbsp;**$(21232588)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;$(18461914) | &nbsp;&nbsp;$(18263862) |
| **Net decrease in net assets from Fund share transactions** | &nbsp;&nbsp;**$(18461914)** | &nbsp;&nbsp;**$(18263862)** |
| **Net increase in net assets** | &nbsp;&nbsp;**$24443625** | &nbsp;&nbsp;**$27255768** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$527165081 | &nbsp;&nbsp;$499909313 |
| **At end of period** | &nbsp;&nbsp;**$551608706** | &nbsp;&nbsp;**$527165081** |

---

*22*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Financial Highlights

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Class I** | &nbsp;&nbsp;&nbsp;**Class I** | &nbsp;&nbsp;&nbsp;**Class I** | &nbsp;&nbsp;&nbsp;**Class I** | &nbsp;&nbsp;&nbsp;**Class I** | &nbsp;&nbsp;&nbsp;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> December 31, 2025<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended June 30,** | &nbsp;&nbsp;&nbsp;**Year Ended June 30,** | &nbsp;&nbsp;&nbsp;**Year Ended June 30,** | &nbsp;&nbsp;&nbsp;**Year Ended June 30,** | &nbsp;&nbsp;&nbsp;**Year Ended June 30,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> December 31, 2025<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$44.99 | &nbsp;&nbsp;$41.20 | &nbsp;&nbsp;$39.96 | &nbsp;&nbsp;$40.54 | &nbsp;&nbsp;$54.69 | &nbsp;&nbsp;$40.37 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.45 | &nbsp;&nbsp;$1.17 | &nbsp;&nbsp;$1.04 | &nbsp;&nbsp;$1.26 | &nbsp;&nbsp;$1.27 | &nbsp;&nbsp;$0.86 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.09 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10.80) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.35 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$5.91** | &nbsp;&nbsp;**$5.60** | &nbsp;&nbsp;**$3.56** | &nbsp;&nbsp;**$3.35** | &nbsp;&nbsp;**$(9.53)** | &nbsp;&nbsp;**$15.21** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(1.62) | &nbsp;&nbsp;$(1.40) | &nbsp;&nbsp;$(1.47) | &nbsp;&nbsp;$(1.56) | &nbsp;&nbsp;$(1.24) | &nbsp;&nbsp;$(0.89) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.70) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.41) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.85) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.37) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.38) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(2.32)** | &nbsp;&nbsp;**$(1.81)** | &nbsp;&nbsp;**$(2.32)** | &nbsp;&nbsp;**$(3.93)** | &nbsp;&nbsp;**$(4.62)** | &nbsp;&nbsp;**$(0.89)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$48.58** | &nbsp;&nbsp;**$44.99** | &nbsp;&nbsp;**$41.20** | &nbsp;&nbsp;**$39.96** | &nbsp;&nbsp;**$40.54** | &nbsp;&nbsp;**$54.69** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13.11%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14.23%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.15%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.77%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(18.63)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**37.89%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$551609 | &nbsp;&nbsp;$527165 | &nbsp;&nbsp;$499909 | &nbsp;&nbsp;$496108 | &nbsp;&nbsp;$540881 | &nbsp;&nbsp;$838973 |
| Ratios (as a percentage of average daily net assets):<sup>(4)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96%<sup>(5)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.82%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.80% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.58% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.18% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.59% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.79% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19% |

---

<sup>(1)</sup> Computed using average shares outstanding.

<sup>(2)</sup> Returns are historical and are calculated by determining the percentage change in net asset value with all distributions reinvested.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Annualized.

<sup>(6)</sup> Includes a reduction by the investment adviser of a portion of its adviser fee due to the Fund's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the six months ended December 31, 2025 and the years ended June 30, 2025, 2024, 2023 and 2022).

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Parametric Tax-Managed Emerging Markets Fund (the Fund) is a diversified series of Eaton Vance Series Trust II (the Trust). The Trust is a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company. The Fund's investment objective is to seek long-term, after-tax returns for its shareholders. The Fund offers Class I shares, which are sold at net asset value and are not subject to a sales charge.

The following is a summary of significant accounting policies of the Fund. The policies are in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Fund is an investment company and follows accounting and reporting guidance in the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946.

A Investment Valuation—The following methodologies are used to determine the market value or fair value of investments.

**Equity Securities. Equity securities (including warrants and rights) listed on a U.S. securities exchange generally are valued at the last sale or closing price on the day of valuation or, if no sales took place on such date, at the mean between the closing bid and ask prices on the exchange where such securities are principally traded. Equity securities listed on the NASDAQ National Market System are valued at the NASDAQ official closing price. Unlisted or listed securities for which closing sales prices or closing quotations are not available are valued at the mean between the latest available bid and ask prices.**

**Foreign Securities and Currencies. Foreign securities and currencies are valued in U.S. dollars, based on foreign currency exchange rate quotations supplied by a third party pricing service. The pricing service uses a proprietary model to determine the exchange rate. Inputs to the model include reported trades and implied bid/ask spreads. The daily valuation of exchange-traded foreign securities generally is determined as of the close of trading on the principal exchange on which such securities trade. Events occurring after the close of trading on foreign exchanges may result in adjustments to the valuation of foreign securities to more accurately reflect their fair value as of the close of regular trading on the New York Stock Exchange. When valuing foreign equity securities that meet certain criteria, the Fund's Trustees have approved the use of a fair value service that values such securities to reflect market trading that occurs after the close of the applicable foreign markets of comparable securities or other instruments that have a strong correlation to the fair-valued securities.**

**Debt Obligations. Debt obligations are generally valued on the basis of valuations provided by third party pricing services, as derived from such services' pricing models. Inputs to the models may include, but are not limited to, reported trades, executable bid and ask prices, broker/dealer quotations, prices or yields of securities with similar characteristics, interest rates, anticipated prepayments, benchmark curves or information pertaining to the issuer, as well as industry and economic events. The pricing services may use a matrix approach, which considers information regarding securities with similar characteristics to determine the valuation for a security. Short-term debt obligations purchased with a remaining maturity of sixty days or less for which a valuation from a third party pricing service is not readily available may be valued at amortized cost, which approximates fair value.**

**Other. Investments in management investment companies (including money market funds) that do not trade on an exchange are valued at the net asset value as of the close of each business day.**

**Fair Valuation. In connection with Rule 2a-5 of the 1940 Act, the Trustees have designated the Fund's investment adviser as its valuation designee. Investments for which valuations or market quotations are not readily available or are deemed unreliable are valued by the investment adviser, as valuation designee, at fair value using methods that most fairly reflect the security's "fair value", which is the amount that the Fund might reasonably expect to receive for the security upon its current sale in the ordinary course. Each such determination is based on a consideration of relevant factors, which are likely to vary from one pricing context to another. These factors may include, but are not limited to, the type of security, the existence of any contractual restrictions on the security's disposition, the price and extent of public trading in similar securities of the issuer or of comparable companies or entities, quotations or relevant information obtained from broker/dealers or other market participants, information obtained from the issuer, analysts, and/or the appropriate stock exchange (for exchange-traded securities), an analysis of the company's or entity's financial statements, and an evaluation of the forces that influence the issuer and the market(s) in which the security is purchased and sold.**

B Investment Transactions—Investment transactions for financial statement purposes are accounted for on a trade date basis. Realized gains and losses on investments sold are determined on the basis of identified cost.

C Income—Dividend income is recorded on the ex-dividend date for dividends received in cash and/or securities. However, if the ex-dividend date has passed, certain dividends from foreign securities are recorded as the Fund is informed of the ex-dividend date. Distributions from investment companies are recorded as dividend income, capital gains or return of capital based on the nature of the distribution. Withholding taxes on foreign dividends and capital gains have been provided for in accordance with the Fund's understanding of the applicable countries' tax rules and rates. As a result of several court cases in certain countries across the European Union (EU), the Fund filed additional tax reclaims for previously withheld taxes on dividends earned in those countries. Income recognized, if any, for EU reclaims and interest thereon is reflected as other income in the Statement of Operations, and any related receivable, if any, is reflected as European Union tax reclaims receivable in the Statement of Assets and Liabilities. Any fees associated with these filings are reflected in miscellaneous expenses in the Statement of Operations. When uncertainty exists as to the ultimate resolution of these proceedings, the likelihood of receipt of these EU reclaims, and the potential timing of payment, no amounts are reflected in the financial statements. For U.S. income tax purposes, EU reclaims received by the Fund, if any, may reduce the amount of foreign taxes Fund shareholders can use as tax deductions or credits on their income tax returns. In the event that EU reclaims received by the Fund during a fiscal year exceed foreign withholding taxes paid by the Fund, and the

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[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Notes to Financial Statements (Unaudited) — continued

------

Fund previously passed through to its shareholders foreign taxes incurred by the Fund to be used as a credit or deduction on a shareholder's income tax return, the Fund may be required to enter into a closing agreement with the Internal Revenue Service in order to pay the associated tax liability on behalf of the Fund's shareholders. Interest income is recorded on the basis of interest accrued, adjusted for amortization of premium or accretion of discount.

D Federal and Other Taxes—The Fund's policy is to comply with the provisions of the Internal Revenue Code applicable to regulated investment companies and to distribute to shareholders each year substantially all of its net investment income, and all or substantially all of its net realized capital gains. Accordingly, no provision for federal income or excise tax is necessary.

In addition to the requirements of the Internal Revenue Code, the Fund may also be subject to local taxes on the recognition of capital gains in certain countries. In determining the daily net asset value, the Fund estimates the accrual for such taxes, if any, based on the unrealized appreciation on certain portfolio securities and the related tax rates. Taxes attributable to unrealized appreciation are included in the change in unrealized appreciation (depreciation) on investments. Capital gains taxes on securities sold are included in net realized gain (loss) on investments.

As of December 31, 2025, the Fund had no uncertain tax positions that would require financial statement recognition, de-recognition, or disclosure. The Fund files a U.S. federal income tax return annually after its fiscal year-end, which is subject to examination by the Internal Revenue Service for a period of three years from the date of filing.

E Expenses—The majority of expenses of the Trust are directly identifiable to an individual fund. Expenses which are not readily identifiable to a specific fund are allocated taking into consideration, among other things, the nature and type of expense and the relative size of the funds.

F Foreign Currency Translation—Investment valuations, other assets, and liabilities initially expressed in foreign currencies are translated each business day into U.S. dollars based upon current exchange rates. Purchases and sales of foreign investment securities and income and expenses denominated in foreign currencies are translated into U.S. dollars based upon currency exchange rates in effect on the respective dates of such transactions. Recognized gains or losses on investment transactions attributable to changes in foreign currency exchange rates are recorded for financial statement purposes as net realized gains and losses on investments. That portion of unrealized gains and losses on investments that results from fluctuations in foreign currency exchange rates is not separately disclosed.

G Use of Estimates—The preparation of the financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of income and expense during the reporting period. Actual results could differ from those estimates.

H Indemnifications—Under the Trust's organizational documents, its officers and Trustees may be indemnified against certain liabilities and expenses arising out of the performance of their duties to the Fund. Under Massachusetts law, if certain conditions prevail, shareholders of a Massachusetts business trust (such as the Trust) could be deemed to have personal liability for the obligations of the Trust. However, the Trust's Declaration of Trust contains an express disclaimer of liability on the part of Fund shareholders and the By-laws provide that the Trust shall assume, upon request by the shareholder, the defense on behalf of any Fund shareholders. Moreover, the By-laws also provide for indemnification out of Fund property of any shareholder held personally liable solely by reason of being or having been a shareholder for all loss or expense arising from such liability. Additionally, in the normal course of business, the Fund enters into agreements with service providers that may contain indemnification clauses. The Fund's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Fund that have not yet occurred.

I Segment Reporting—The Fund operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Fund's President acts as the Fund's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Fund's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Fund's financial statements.

J Interim Financial Statements—The interim financial statements relating to December 31, 2025 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

2 Distributions to Shareholders and Income Tax Information

It is the present policy of the Fund to make at least one distribution annually (normally in December) of all or substantially all of its net investment income and to distribute annually all or substantially all of its net realized capital gains. Distributions to shareholders are recorded on the ex-dividend date. Shareholders may reinvest income and capital gain distributions in additional shares of the Fund at the net asset value as of the ex-dividend date or, at the election of the shareholder, receive distributions in cash. Distributions to shareholders are determined in accordance with income tax regulations, which may differ from U.S. GAAP. As required by U.S. GAAP, only distributions in excess of tax basis earnings and profits are reported in the financial statements as a return of capital. Permanent differences between book and tax accounting relating to distributions are reclassified to paid-in capital. For tax purposes, distributions from short-term capital gains are considered to be from ordinary income.

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Notes to Financial Statements (Unaudited) — continued

------

The cost and unrealized appreciation (depreciation) of investments of the Fund at December 31, 2025, as determined on a federal income tax basis, were as follows:

---

| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$290799877** |
| Gross unrealized appreciation | &nbsp;&nbsp;$296251950 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(24692202) |
| **Net unrealized appreciation** | &nbsp;&nbsp;**$271559748** |

---

3 Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser fee is earned by Eaton Vance Management (EVM), an indirect, wholly-owned subsidiary of Morgan Stanley, as compensation for investment advisory services rendered to the Fund. The fee is computed at an annual rate of 0.45% of the Fund's average daily net assets and is payable monthly. For the six months ended December 31, 2025, the investment adviser fee amounted to $1,274,117.

Pursuant to an investment sub-advisory agreement, EVM has delegated the investment management of the Fund to Parametric Portfolio Associates LLC (Parametric), an affiliate of EVM and an indirect, wholly-owned subsidiary of Morgan Stanley. EVM pays Parametric a portion of its investment adviser fee for sub-advisory services provided to the Fund.

The Fund may invest in a money market fund, the Institutional Class of the Morgan Stanley Institutional Liquidity Funds - Government Portfolio (the "Liquidity Fund"), an open-end management investment company managed by Morgan Stanley Investment Management Inc., a wholly-owned subsidiary of Morgan Stanley. The investment adviser fee paid by the Fund is reduced by an amount equal to its pro rata share of the advisory and administration fees paid by the Fund due to its investment in the Liquidity Fund. For the six months ended December 31, 2025, the investment adviser fee paid was reduced by $487 relating to the Fund's investment in the Liquidity Fund.

The administration fee is earned by EVM as compensation for administrative services rendered to the Fund. The fee is computed at an annual rate of 0.50% of the Fund's average daily net assets. For the six months ended December 31, 2025, the administration fee amounted to $1,415,685. Pursuant to a sub-administrative services agreement with Parametric, EVM pays Parametric a portion of its administration fee for sub-administrative services provided to the Fund. EVM also pays all ordinary operating expenses of the Fund (excluding the investment adviser and administration fees). EVM serves as the sub-transfer agent of the Fund, at no additional cost to the Fund.

Trustees and officers of the Fund who are members of EVM's organization receive remuneration for their services to the Fund out of the investment adviser fee. Trustees of the Fund who are not affiliated with EVM may elect to defer receipt of all or a percentage of their annual fees in accordance with the terms of the Trustees Deferred Compensation Plan. Certain officers and Trustees of the Fund are officers of EVM.

4 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations, aggregated $6,196,502 and $38,352,926, respectively, for the six months ended December 31, 2025.

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Notes to Financial Statements (Unaudited) — continued

------

5 Shares of Beneficial Interest

The Fund's Declaration of Trust permits the Trustees to issue an unlimited number of full and fractional shares of beneficial interest (without par value). Transactions in Fund shares were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> December 31, 2025<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> December 31, 2025<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> June 30, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> June 30, 2025** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** |
| **Class I** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 64928 | &nbsp;&nbsp;&nbsp;&nbsp;$3123140 | &nbsp;&nbsp;&nbsp;&nbsp; 230513 | &nbsp;&nbsp;&nbsp;&nbsp;$9640481 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp;392905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19079471 | &nbsp;&nbsp;&nbsp;&nbsp; 405136 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16055531 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(818868) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(40664525) | &nbsp;&nbsp;&nbsp;&nbsp;(1053484) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(43959874) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;**(361035)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(18461914)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(417835)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(18263862)** |

---

6 Line of Credit

The Fund participates with other portfolios and funds managed by EVM and its affiliates in a $650 million unsecured revolving line of credit agreement with a group of banks, which is in effect through October 20, 2026. Borrowings are made by the Fund solely for temporary purposes related to redemptions and other short-term cash needs. Interest is charged to the Fund based on its borrowings generally at an amount above either the Secured Overnight Financing Rate (SOFR) or Federal Funds rate. In addition, a fee computed at an annual rate of 0.15% on the daily unused portion of the line of credit is allocated among the participating portfolios and funds at the end of each quarter. In connection with the renewal of the agreement in October 2025, an arrangement fee of $150,000 was incurred that was allocated to the participating portfolios and funds. Because the line of credit is not available exclusively to the Fund, it may be unable to borrow some or all of its requested amounts at any particular time. At December 31, 2025, the Fund had a balance outstanding pursuant to this line of credit of $8,330,000 at an annual interest rate of 4.64%. Based on the short-term nature of the borrowings under the line of credit and variable interest rate, the carrying value of the borrowings approximated its fair value at December 31, 2025. If measured at fair value, borrowings under the line of credit would have been considered as Level 2 in the fair value hierarchy (see Note 9) at December 31, 2025. Average borrowings and the average annual interest rate (excluding fees) for the six months ended December 31, 2025 were $570,054 and 4.70%, respectively.

7 Securities Lending Agreement

The Fund has established a securities lending agreement with State Street Bank and Trust Company (SSBT) as securities lending agent in which the Fund lends portfolio securities to qualified borrowers in exchange for collateral consisting of either cash or securities issued or guaranteed by the U.S. government or its agencies or instrumentalities in an amount at least equal to the market value of the securities on loan. The market value of securities loaned is determined daily and any additional required collateral is delivered to the Fund on the next business day. Cash collateral is invested in the State Street Navigator Securities Lending Government Money Market Portfolio, a money market fund registered under the 1940 Act. The Fund earns interest on the amount invested but it must pay (and at times receive from) the broker a loan rebate fee computed as a varying percentage of the collateral received. For security loans secured by non-cash collateral, the Fund earns a negotiated lending fee from the borrower. A portion of the income earned by the Fund from its investment of cash collateral, net of rebate fees, and lending fees received is allocated to SSBT for its services as lending agent and the portion allocated to the Fund is presented as securities lending income, net on the Statement of Operations. Non-cash collateral is held by the lending agent on behalf of the Fund and cannot be sold or re-pledged by the Fund; accordingly, such collateral is not reflected in the Statement of Assets and Liabilities.

The Fund is subject to possible delay in the recovery of loaned securities. Pursuant to the securities lending agreement, SSBT has provided indemnification to the Fund in the event of default by a borrower with respect to a loan. The Fund bears the risk of loss with respect to the investment of cash collateral.

At December 31, 2025, the value of the securities loaned and the value of the collateral received, which exceeded the value of the securities loaned, amounted to $24,324,082 and $25,506,749, respectively. Collateral received was comprised of cash of $5,156,152 and U.S. government and/or agencies securities of $20,350,597. The securities lending transactions have no contractual maturity date and each of the Fund and borrower has the option to terminate a loan at any time.

------

[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Notes to Financial Statements (Unaudited) — continued

------

The following table provides a breakdown of securities lending transactions accounted for as secured borrowings, the obligations by class of collateral pledged, and the remaining contractual maturity of those transactions as of December 31, 2025.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Remaining Contractual Maturity of the Transactions** | **Remaining Contractual Maturity of the Transactions** | **Remaining Contractual Maturity of the Transactions** | **Remaining Contractual Maturity of the Transactions** | **Remaining Contractual Maturity of the Transactions** |
|  | **Overnight and<br> Continuous** | **<30 days** | **30 to 90 days** | **>90 days** | **Total** |
| Common Stocks | $5156152 | $— | $— | $— | $5156152 |

---

The carrying amount of the liability for collateral for securities loaned at December 31, 2025 approximated its fair value. If measured at fair value, such liability would have been considered as Level 2 in the fair value hierarchy (see Note 9) at December 31, 2025.

8 Affiliated Investments

At December 31, 2025, the value of the Fund's investment in funds that may be deemed to be affiliated was $9,552, which represents less than 0.05% of the Fund's net assets. Transactions in such investments by the Fund for the six months ended December 31, 2025 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** |
| Liquidity Fund | $705866 | $16588020 | $(17284334) | $— | $— | $9552 | $13510 | 9552 |

---

9 Fair Value Measurements

Under generally accepted accounting principles for fair value measurements, a three-tier hierarchy to prioritize the assumptions, referred to as inputs, is used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.

• Level 1 – quoted prices in active markets for identical investments

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

• Level 3 – significant unobservable inputs (including a fund's own assumptions in determining the fair value of investments)

In cases where the inputs used to measure fair value fall in different levels of the fair value hierarchy, the level disclosed is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

At December 31, 2025, the hierarchy of inputs used in valuing the Fund's investments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3\*** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Africa | &nbsp;&nbsp;$945477 | &nbsp;&nbsp;&nbsp;&nbsp;$49070287 | &nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$50015764 |
| &nbsp;&nbsp;&nbsp;Asia | &nbsp;&nbsp;&nbsp;&nbsp;10770085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 277454794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288224879 |
| &nbsp;&nbsp;&nbsp;Developed Europe | &nbsp;&nbsp;&nbsp;&nbsp; 92340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2818189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2910529 |
| &nbsp;&nbsp;&nbsp;Emerging Europe | &nbsp;&nbsp;&nbsp;&nbsp; 390636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 71541060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 71931696 |
| &nbsp;&nbsp;&nbsp;Latin America | &nbsp;&nbsp;&nbsp;&nbsp;49410658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37261339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 86740764 |
| &nbsp;&nbsp;&nbsp;Middle East | &nbsp;&nbsp;&nbsp;&nbsp; 306098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57049432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57355530 |
| &nbsp;&nbsp;&nbsp;North America | &nbsp;&nbsp;&nbsp;&nbsp; 5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5 |
| **Total Common Stocks** | &nbsp;&nbsp;**$61915299** | &nbsp;&nbsp;&nbsp;&nbsp;**$495,195,101\*\*** | &nbsp;&nbsp;&nbsp;&nbsp;**$68767** | &nbsp;&nbsp;&nbsp;&nbsp;**$557179167** |

---

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[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

Parametric

Tax-Managed Emerging Markets Fund

December 31, 2025

Notes to Financial Statements (Unaudited) — continued

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description (continued)** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3\*** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Convertible Bonds | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$73 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$73 |
| Rights | &nbsp;&nbsp;&nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14681 |
| Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Affiliated Fund | &nbsp;&nbsp;&nbsp;&nbsp; 9552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9552 |
| &nbsp;&nbsp;&nbsp;Securities Lending Collateral | &nbsp;&nbsp;&nbsp;&nbsp; 5156152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5156152 |
| **Total Investments** | &nbsp;&nbsp;**$67081014** | &nbsp;&nbsp;&nbsp;&nbsp;**$495209844** | &nbsp;&nbsp;&nbsp;&nbsp;**$68767** | &nbsp;&nbsp;&nbsp;&nbsp;**$562359625** |

---

\* None of the unobservable inputs for Level 3 assets, individually or collectively, had a material impact on the Fund.

\*\* Includes foreign equity securities whose values were adjusted to reflect market trading of comparable securities or other correlated instruments that occurred after the close of trading in their applicable foreign markets.

Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the six months ended December 31, 2025 is not presented.

10 Risks and Uncertainties

#### Risks Associated with Foreign Investments
Foreign investments can be adversely affected by political, economic and market developments abroad, including the imposition of economic and other sanctions by the United States or another country, and by acts of terrorism and war. There may be less publicly available information about foreign issuers because they may not be subject to reporting practices, requirements or regulations comparable to those to which United States companies are subject. Foreign markets may be smaller, less liquid and more volatile than the major markets in the United States. Trading in foreign markets typically involves higher expense than trading in the United States. The Fund may have difficulties enforcing its legal or contractual rights in a foreign country. Securities that trade or are denominated in currencies other than the U.S. dollar may be adversely affected by fluctuations in currency exchange rates.

Emerging market securities often involve greater risks than developed market securities. Investment markets within emerging market countries are typically smaller, less liquid, less developed and more volatile than those in more developed markets like the United States, and may be focused in certain economic sectors. The information available about an emerging market issuer may be less reliable than for comparable issuers in more developed capital markets. Governmental actions can have a significant effect on the economic conditions in emerging market countries. It may be more difficult to make a claim or obtain a judgment in the courts of these countries than it is in the United States. The possibility of fraud, negligence, undue influence being exerted by an issuer or refusal to recognize ownership exists in some emerging markets. Disruptions due to work stoppages and trading improprieties in foreign securities markets have caused such markets to close. Emerging market securities are also subject to speculative trading, which contributes to their volatility.

------

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[**Table of Contents**](#JOB_EV_AR_fe956a58-e9bb-4d51-ba31-7ad3080dc32d_TOC)

EITEX-NCSR&nbsp;&nbsp;&nbsp;&nbsp;12.31.25

------

#### Item 8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies
Not applicable.

#### Item 9. Proxy Disclosures for Open-End Management Investment Companies
Not applicable.

#### Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies
The information is disclosed as part of the Financial Statements included in Item 7 of this Form N-CSR.

#### Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract
Not applicable.

#### Item 12. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies
Not applicable.

#### Item 13. Portfolio Managers of Closed-End Management Investment Companies
Not applicable.

#### Item 14. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers
Not applicable.

#### Item 15. Submission of Matters to a Vote of Security Holders
There have been no material changes to the procedures by which shareholders may recommend nominee to the Fund's Board of Trustees since the Fund last provided disclosure in response to this item.

------

#### Item 16. Controls and Procedures
(a) It is the conclusion of the registrant's principal executive officer and principal financial officer that the effectiveness of the registrant's current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant has been recorded, processed, summarized and reported within the time period specified in the Commission's rules and forms and that the information required to be disclosed by the registrant has been accumulated and communicated to the registrant's principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.

(b) There have been no changes in the registrant's internal controls over financial reporting during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting.

#### Item 17. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies
Not applicable.

#### Item 18. Recovery of Erroneously Awarded Compensation
Not applicable.

#### Item 19. Exhibits

---

| | |
|:---|:---|
| (a)(1) | Registrant's Code of Ethics – Not applicable (please see Item 2). |
| (a)(2)(i) | [Principal Financial Officer's Section 302 certification.](d53292dex99cert.htm) |
| (a)(2)(ii) | [Principal Executive Officer's Section 302 certification.](d53292dex99cert.htm) |
| (b) | [Combined Section 906 certification.](d53292dex99906cert.htm) |

---

------

#### Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | |
|:---|:---|
| <u>Eaton Vance Series Trust II</u> | <u>Eaton Vance Series Trust II</u> |
| By: | /s/ Kenneth A. Topping |
|  | Kenneth A. Topping |
|  | Principal Executive Officer |
| Date: | February 24, 2026 |

---

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| By: | /s/ James F. Kirchner |
|  | James F. Kirchner |
|  | Principal Financial Officer |
| Date: | February 24, 2026 |
| By: | /s/ Kenneth A. Topping |
|  | Kenneth A. Topping |
|  | Principal Executive Officer |
| Date: | February 24, 2026 |

---

## Ex-99.Cert

**Eaton Vance Series Trust II** 

**FORM N-CSR** 

**Exhibit 19(a)(2)(i)** 

**<u>CERTIFICATION</u>**

I, James F. Kirchner, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. I have reviewed this report on Form N-CSR of Eaton Vance Series Trust
II;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a
material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Based on my knowledge, the financial statements, and other financial information included in this report,
fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the
periods presented in this report;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining
disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be
designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is
being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting
principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this
report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed in this report any change in the registrant's internal control over financial reporting that
occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and
the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in
the registrant's internal control over financial reporting.

---

| | |
|:---|:---|
| Date: February 24, 2026 | /s/ James F. Kirchner |
|  | James F. Kirchner |
|  | Principal Financial Officer |

---

------

**Eaton Vance Series Trust II** 

**FORM N-CSR** 

**Exhibit 19(a)(2)(ii)** 

**<u>CERTIFICATION</u>**

I, Kenneth A. Topping, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. I have reviewed this report on Form N-CSR of Eaton Vance Series Trust
II;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a
material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Based on my knowledge, the financial statements, and other financial information included in this report,
fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the
periods presented in this report;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining
disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be
designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is
being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting
principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this
report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed in this report any change in the registrant's internal control over financial reporting that
occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and
the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in
the registrant's internal control over financial reporting.

---

| | |
|:---|:---|
| Date: February 24, 2026 | /s/ Kenneth A. Topping |
|  | Kenneth A. Topping |
|  | Principal Executive Officer |

---

## Exhibit 99.906

**Form N-CSR Item 19(b) Exhibit** 

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

The undersigned hereby certify in their capacity as Principal Financial Officer and Principal Executive Officer, respectively, of Eaton Vance Series Trust II (the "**Trust**") that:

(a) the Report of the **Trust** on Form N-CSR for the period ended
December 31, 2025 (the "Report") fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

(b) the information contained in the Report fairly presents, in all material respects, the financial condition and
the results of operations of the **Trust** for such period.

**A signed original of this written statement required by section 906 has been provided to the Trust and will be retained by the Trust and furnished to the Securities and Exchange Commission or its staff upon request.** 

---

| |
|:---|
| Eaton Vance Series Trust II |
| Date: February 24, 2026 |
| /s/ James F. Kirchner |
| James F. Kirchner |
| Principal Financial Officer |
| Date: February 24, 2026 |
| /s/ Kenneth A. Topping |
| Kenneth A. Topping |
| Principal Executive Officer |

---